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rtUaybr-frt'iTn
3Q
%
MONDAY
uatMW
ommatciai
Reg. U. S. Pat. Office
Volume 160
Quarter Ending—
Gross
Net Fed. cxc.
1,526,915
$2,083,250
1,378,886
125,841
152,692
137.889
1,132,567
2-0,462
1,374,223
220,432
495,558
436,844
$1.51
$1.33
normal
Federal
and surtax*-*
profit
profit per share-
:
tThe
220,462
,
137,889
483,902
$1.47
for contingencies which has been
reserve
$10
stock from 1,000,000 shares
value
par
changed into 1;149,696 shares of the new common stock.
The stockholders will also vote on approving a new preferred
1,240,997*
152,692
:——
328.108 shares.
•On
$2,184,221
■
contingencies---:.;.,,,,..
for
tReserve
•Net
1;258,408
$1,843,587
1—
profits
excess
post-war
Net
tax™:.™;.
refund™—
profits tax-.L._„^_^_
profit —:
Federal
Less
INSURANCE
-
to 2,400,000 shares of $5 par value.
The common
stock will be split two'shares for one so that upon approval df the
amendment the outstanding 574,848 shares of common stock will be
of
June 30,'44 Sept. 30. '43
Sept. 30. '44
INDUSTRIAL
-
by increasing the authorized common
tur.e
Earnings—
Steel Company-
Acme
PUBLIC UTILITY
-
provided for in the above statement will, in company's opinion, cover
any reduction in profits due to renegotiation proceedings which have
been, or may be, instituted by the government.—-V. 160, p. 425.
will
of
be
$5
immediately,
issued
value employee
employees of
par
stock,
sold
be
to
time to
to
time
from
the corporation under terms and condi¬
board of directors and to be convertible
years .from the date of issuance:
officers
and
tions
be .determined by the
to
into
stock
common
The
scares of $4.25 • cumulative preferred stock
called for redemption as of Jan. 15, 1945, at the redemption
50,000
outstanding
been
have
price
three
of
$106
accrued
plus
share
per
additional
when
and
will,
stock
Oct. 24 declared an extra year-end dividend of
and the Usual quarterly dividend of 15 cents per
the common stock, par $5, both payable Nov, 15 to holders
directors
The
cents
share
on
on
"share
per
Nov.
record
of
Corp.—Registers with SEC—
Extras of
3.
75.000
In
is
Co.
each, and Nov. 1, a year-end
80 cents per share.—V. 160, p. 529.
Aug.
year;
cents
15
2,
Issue
ouvbn ak
the
of
the
New York Stock Exchange
war one
Baltimore
Boston
Stock
Stock
lilted.—V.
St. Louis
primary
Operating
Prov.
18,587,752
56,441,135
.2,915,102
2,609,151
income
Net
996,180.
•39,312
met)—
Federal
for
Net
2,233,940
(no
——
$1,408,644
$1,819,195
$0.6704
$1.5606
T.
Grant,
Kansas City,
Mo.,
President of the
has been elected
Net ry.
Federal
Net
$1,885,645
997,020
433,831
147,208
314,090
141,054
14.099,744
■Alton
6,907,167
1,473,478
2,133,507
1,467,719
ry,
railway
from
from
Net
r.v,
-AV,
~
P.
357,140
.
«
railway.*—
opet\
1,108,810
—
income—
railway..—
160,
NYSE
23,484,418
9,539,501
3,000,247
income
1942
1941
Sept. 30.1904
$2 ,809,288
$1,713,907
999.758
448,556
470.759
167,995
stock is.now convertible into
common
a
shares ot
stock
the
the
common
being
preferred
stock,
reserved
to
Following
142,858 shares of the
Inc.—Stock
Airlines,
either
than
,
through
conversion
rearrangement .of-
or
Jan.
' redemption.
4,015,560
Piesident,
,245.242
1,443,290
qu!,^eadditional capital in this rapidly, expanding industry.
t,nPn f,pl. lecentJy announced the purchase of 55 modern
type Douglas 4 engine airplanes which
Split-up
being
is
Proposed—
Two New
the
;
v,ote
Dec.
6
on
approving
be
next
14,748,266
amendment of
of incorporation, revising the company's capital strucwill
of
15
,711,594
Issues—
stockholders
only
will
,161 961
To Redeem $4,25 Preferred Stock and Create
The
issued
two-for-one
stock
f
will
year,
1394.
American
be
the
new
.'• capitalization,"
- our
provided
in
order-to
said
anticipate
an
fl!
frnn,
fiom
A
N.
our
snart
Kemp
future
narts
re-
and
cash
Sia
,
on
Deliveries of these air-'
c!p f ,VW
commence in the middle of 1945; • While
P»f
e- comlJany's capital
may be provided
hand,
„
earnings
depreciation
and
reserves
bank
Co.—Quarterly
President/states:
;
telephone business is at a record high and continues
is in spite of the fact that shortages of equipment,
of
This
of
the
manufacturing facilities
Of
use
restricted telephone installations with the
to increase the number of telephones
able
tically
such
of
manufacture
The
equipment for
additional
central
he
considerable
be
of
credits
year
has been prac¬
use
before
equipment
all
in
requests
the
for
near
future,
telephone
it
must
service can
-
number
The
time
Office
met..
the management feels
so
non-war
fcr over two and one-half years and even if war
such as to permit starting the manufacture and installation
suspended
needs are
a
!ha?ethar3f, af "7 eQU7m1e,n!beisbroadened
delivered,
that the capital stiucture should
.-
Telegraph
&
for war needs, have
result that we have
in service by only '
181,000 in the nine months ending Sept. 30, 1944, as compared with
1,042,000 in the first nine months of 1943. All telephones essential to
the war effort, however, have been installed promptly.
The Western Electric Co.,
the manufacturing branch of the Bell
Sy&bem,
wiimn
stopped
manufacturing telephone instruments for
civilian'use in November, 1942, on account of the war, has now
been
able to resume
their manufacture in limited quantities.
This
will, however, enable us to provide telephone service in due course'
for only about one-third of the 1,350,000 persons who want telephone
service and are unable to get it. About two-thirds of the unfilled orders
for
telephone service are due to lack of central office equipment.
of
cof approximately $30,000,000.
i
Telephone
Gifford,
S,
increase.
because
common stock at $70 per share
now
stock.
together with
;
to
It,
purpose. All of, the present outstanding preferred
therefore
be
eliminated not later
stock
''This
ot
and Southern planta¬
profitable year, he said.—V. 160.
assured from both Northern
crops
volume
The
Dollar
conversion
in
Statement—
been
upon
lost
will protect the company adequately
"■
Walter
on
were
swept across that State in September,
prospects are good for another
American
——1879
which
barns
storage
and .seven
1626.
p.
Acceptances at Sept. 30.—1904
August Hotel Sales Higher,.,.1904
/1,429
1943
$2,927,914
1,077,891
199,373
"•
27,871,990
11,560,469
- 3,109,544
1944
$3,240,240
From Jan. 1—
Gross
gcod
Co.—Loss Covered-
loss.
With
.
1,733,336
oper.
Net
against
tions,
—1901
——*
GToatlv
RR.—Earnings—
from
Net
System
2,977,425
income..—
income—.
September—
Gross fi-om railway
Net
1900
Reserve
held
together with salvage of tobacco,
7.895,990
6,731.214
17,507.339
8,619,194
Bankers'
231,874
16,745,415
.oper.
10, June 10 and
made in 1943 see V. lo9,
March
Executive Vice-rPiesident, gt the annual meeting
on Oct. .18 said that insurance cn
about 30,000
Connecticut when the hurricane
Statement of Member Banks of
Market Value of Bonds
$1,017,055
1,070.698
railway——A
from
Net ry
on
of the Fireman's Fund Insurance Group
Francisco Fire Commission, has been elected
Sumatra Tobacco
tobacco
of
pounds
Gross and Net R.R. Earnings in June—1905
1941
1942
1943
$2,137,890
671.895
—,
railway;,-—
oper.
from
disbursed
<"
stockholders
of
—1900
Statement of Federal
Stock and Bond Averages
RR.—Earnings-
.From Jan. 1—
Gross
the
on
1730.
p.
Polumbaum.
Philip
Transactions New York Stock Exchange...1879
Transactions New York Curb Exchange....1879
Business Men's Assurance Co.
director,—V. 160, p. 617.
a
1944
railway.:.-
I
Rates
'
•
1896
Reserve Banks
2,713,337
2,736,856
;
1,810,079
railway--.
from
from,
3,713,337
Corp.—New Director—
,September—
Gross
Foreign Exchange
'
160,
American
-
Dividends Declared and Payable—_1897
Condition
Alabama Great Southern
Net
were
the San
of
director.—V.
"
Redemption Calls & Sinking Fund Notices.1897
1723.
160, p.
Aircraft Accesories
William
share
Page. Chairman
President
and
a
Combined Condition
2,736,856
par)
•Deficit.—V.
of
per.
President Lines, Ltd.—New Director—-
American
Charles R.
State and City Bond Offerings and Sales...1906
$5,265,340
$1.9405
$4,271,267
$0.5146
share—
outstanding
per
p.
General Corporation and Investment News.1857
$4,763,114 $12,990,702 $15,100,930
2,943,219
8,719,435
9,835,590
$3,642,584
taxes
income
Earnings
amounts
11, this year.
(For record of payments
1754.1—V. 160, p. 1626.
Sent.
-1895
The Course of Bank Clearings..—
Cent. ' shs,
Like
1934.
Section.. „1893
———
Miscellaneous Features
$4,724,513 $12,926,844 $14,695,'<70
38,601
G3.858
405,560
$3,661,898
income —--
Prov.
.18,880,410
-
.
income—.
oper.
Other
—
and
deprec.
•amortization
Net
of $1.75
dividend
51,501,813
884,238
Markets
a
ferred stock,
Exchange——————— -1892
Over-the-Counter
declared
preferred stock and a dividend of $1,50 per share on the $6 pre¬
both payable Dec. 8 to holders of record Nov. 10.
These
dividends arc on account of arrearages for the quarter ended June 30,
$7
-1894
Toronto Stock Exchange—Curb
have
directors
.
Foreign Power Co., Inc.—Accrued Divs.—
American &
The
-1894
,
$68,806,334
expenses
for
Stock
Toronto
•.'". 1944—9 Mos—1943
allowances $23,538,486 $24,196,503 $72,283,081
&
returns
1944—3 Mos.—1313
should bo finished
track for
facilitate
1394.
160,.p.
these cars.—V.
building, of
the
-1892
Exchange——
Western
is as follows:
Conipleli'm of i'tm added facilities at St. Charles
-1892
Montreal Curb Exchange——
be built
equipment to
the
of
by the ehdUf this: month, Mr.. Stevenson stated;1 and the'new
setting 33 additional passenger cars at one time will-greatly
1891
Stoclk Exchange—
Montreal Stock
discts.,
Gross sales, less
*
1891
Pittsburgh Stock Exchange.—————— —1892
WhoIly-OWned Subsidiary Companies )•
30—
-1890
*——
-
Philadelphia Stock Exchange—
Co., Inc.—Earnings—
(Including
Period End. Sept,
-1890
VTr:
Los Angeles Stock Exchange
1729.
Air Reduction
Exchange
-188S
—1890
—,
of
allocation
Alabama, 2 steel, baggage-express cars; Louisville & Nashville
RR., 16 aluminum coaches and 4 aluminum partition coaches; Central
of Georgia, 6 steel baggage-express cars and 2 steel baggage-mail cars
New
York Central RR., 20 aluminum coach-baggage cars, and New
York Chicago .& St. Louis RR.. 5 steel baggage cars..
•
The building of
these cars immediately follows completion of the
100 hospital car .program—the only
type of passenger cars, at fthin
time being constructed.
-1889
Cleveland Stock'.. Exchange,
D etrol t Stock
p.
—
'■
assemblies for other manufacturers of
160.
Exchange———
Exchange—^
Chicago Stock Exchange.
Cincinnati Stock Exchange._
training planes, gliders and sub-'
military aircraft,
The company,
whose backlog of prime and sub-contracts for the Government amounts
to approximately $4,633,000. plans to resume the production of light
airplanes for civilian use as soon
us Government restrictions are
end
liaison
The
Ry.
—
f irpiaues designed for personal use.
Since the spring of 1942
it.J "i4.ciiil.ies have been devoted to the manufacture for the •••Army Air
of
for the building of these cars.
(Bonds)——„ —1880
New YTork CUrb Exchange——
1884
New York Stock Exchange
b'ttf*
Forces
Simultaneously, the War Manpower Commission has declared the
area non-critical so that men may immediately be available
St. Charles
l8b9
(Stocks).——
railroads.
various
Quotations
Page
one of the earliest and. at. the
of the largest, manufacturers of
1928, "corporation was
founded in
Plant—To
Co.—Expands
Railroads—
Foundry
&
expended
carbuilding
being
passenger
five
t
v
This
Stock and Bond
stockholder,
preferred stock is convertible into common at $7.50 per share
years and at $10 ier the succeeding five years.
Proceeds u>
the company from the financing, amounting to approximately $725,000,
pre .xpeeled to be used to increase
she company's working capita' and
lot increasing its manufacturing facilities through purchase of Gov¬
ernment-owned Plants now operated by it or otnerwise.
Giving effect to issuance of the new securities the company will
have outstanding 75,000 shares of preferred stock and 157,363 shares
stock.' '
I
The
■
$1 per share.
1, May l and
of 35 cents; total for,:
Following the recent announcement by
was
In
present
for
paid on May 1 and
this company that $1,500,000
for the expansion of its St. Charles,
Mo.,
plant, comes the statement from Frederick A.
Stevenson, President., that steel and aluminum have been release:! by
the War Production Board for the construction of 55 cars for
the
SEC
stock
stock ($1 par). F. Eberstadt .&
named as the underwriter.
Of the common shares to be offered
are for company account and 8,600 shares for the account of a
($1 par ) and 33,600 shares of common
25,000
cents each were
10
1, this year.
Total payment in 1944 will amount to
1943 the company paid the following dividends:
Feb.
Aug.
Build 55 New Cars for
Oct. 21 filed a registration statement with the
shares of $0.55 cumulative convertible preferred
Corporation
covering
the
the
Co.-—Extra Distribution:—
Barge Line
American
sale
160, p. 1729,
the future."—V,
present and
20
it
This
to that date.
dividends
if
and common stock available for future
equity capital is neded.
The split-up of
is-believed, broaden the market both for
have both preferred
may
common
stock
200,000 shares of $100 par value, "none of which
and an authorized issue of 100,000 shares
consisting of
issue,
MISCELLANEOUS
-
American, Car
Aircraft
Aeronca
Copy
Corporation and Investment News
General
RAILROAD
60 Cents a
Price
York, N. Y., Monday, October 30, 1944
New
Number 4329
long
distance
calls continues
at about 18tV above
ago.
w
-
SPECIALIST IN
FLOltlllA & NEW JERSEY
Bids
3limiH|ial IIoihI*
DFPAJR TMEXT
Established
Telephone:
HAnover 2-2600
i'hoos.fiumgugiinivuir-siothdOotiiriitriiM.uiOittbotiioii'iiiiiigtiitiiiiiihiiituiiiniiriiiiii'/'i
;
'H
Offerings
spite
Banks, Corporations and Individuals have
an effective market place for large or
us
found
small
BLOCKS of SECURITIES
Brokers, Dealers, Institutions, Corporations
I
which
are not
readily marketable.
|
INQUIRIES INVITED
j
120 Broadway, New York 5, N. Y.
|
g
HILL, THOMPSON & CO., INC.
I
g
INCORPORATED
Members New York Security .Dealers Association
1922
NEW YORK 4, N. Y.
Bell Teletype:
-
Kobbe^ Gearliart & Company
oAllen & Co.
30 BROAD STREET
*
difficulties due to having more business to handle
corporation
Unlisted Securities
For
MUNICIPAL
FIRM
that the.
of the
pinffytiihtni.iHOiit!'!!!:;!:!! iu; iu;
certificate
In
NY 1-573
45
NASSAU
STREET,
NEW
YORK
Telephone
Philadelphia Telephone
REctor 2-3600
Enterprise 6015
•►
5
Bell
New
Teletype
York
1-576
g
facilities
take
to
of
care
men and women are
desire to serve, They are
telephone
it,
with courtesy and a genuine
helped in their task by the understanding
carrying
on
(Figures for
taxes
Other
&
56,792,000
33,053,000
—
expenses
inc.
*Fed.
—
—
Net
Interest
Total
'5,803,000
1,216,077
4,311,000
262 484
634,000
494,234
Dr.
46 617 000
6,058,835
—
of excess profits
the company's proportionate
of subsidiary companies.
include
deficits
Bell
•'
Cigarettes
1944—3
,
440,282,548 413,085,305
283,205,643 264,150,798
revenues;.
expenses..
inc.
'■'•Fed.
The
taxes
Net
of
:
55,285,596
225,087,023
11,841,474
59.097,583
12,880,962
48,958,534
43,444,122
46,216,621
176,128,489
Applic.
1,679,590
1,749,607
6,634,109
41,764,532
44,467,014
169,494,380
176,133,697
$2.18
$2,38
A. T. & T.
share
Per
stock
Co.
&
6,6/5,439
tobacco
—
of
deduction
After
estimated).
.
American Tobacco Co.—Debentures
4V;
the
6'/.,
registered debentures, interchangeable;
each year commencing in 1945 payable
cash ,io be applied to the purchase or redemption of debentures,
in
debentures:
the
sinking
fund being' subject .to reduction in
■in
or
amount
upon
operation
of
debentures
to
than
through
•
operation
of
called
cates-
thereafter to and incl. Oct; 15, 1959,
and inch Oct. 15, 1961, 102'/ ; thereafter to and
thereafter to
Consolidated
June 30,
(hereafter to
Oct.
15,
1961,
thereafter
to
102'/;
thereafter
inch
and
Oct.
15,
to
1965,
101'/;
"nfjH'mt
substantially
mentioned
a
ove.
The proceeds
to
in
off
of
the
$48,100,000
of
,
-
this financ¬
short-term
loans
'
to be received bv the company from
the sale of these
after deducting $337,900 for estimated ex¬
penses) will be applied to the extent required to the payment.of all
short-term loans from banks om standing at the date of .receipt of such
debentures
($99,037,100
proceeds, and the balance will be added to the working capital of the
From its working capital as sa augmented the company
expect to finance the purchase of the projected larger inventories of
Jtaf tobaccos.
Such investment in inventories of leaf tobacco is to be
made on the b"«is of the company's reouirements and in large part by '
directly
from
the
leaf'-markets.
Company
may
borrow
■
.
.
1941
.'1942'.
Net
Francis I. duPont A' Co.
Corp.
a brook
Fahey, Clark & Co.—
Farwell, Chapman & Co,
Ferris & Hardgrove—__
144,-244
—
1,066,688
211.946
1,272,794
114,464
196,288
89,355
19,909,678
205,499
1,377,000
737,413
•
59,503,626 ' 48,147,200
3,435.141 1
1,393,413
'955,741
1,601,280
56,223,424
1,876.979
taxes'
202,701
60,261,610.
3,616,765
421,421
21,992.157
V
:.
.
55,112,
12,377,794
12,242 085
45
744
-
,152,508
11 ,112,766
18,526, 500
9 ,300,382
1,576. 975
1 ,340,052
income
net
30,904
plicable to minor, int.
for possible war
78,406
73, 797
118,888
353, 595
other
in
Hill
&
10,887,149
-
23,280,420
post-war
account receivable from Societe Ahonyme des
Papeteries de Mauduit, less
of
Which
estimated related Federal taxes for .1941 of
is applicable to subsidiaries included in
$25,152
consolidation.
JOf
State franchise and income taxes for the years' 1935 to 1943,
stock tax for the year*1943, less related
on
i"come
and interest thereon,
$370,935 and btlier
inclusive, and Federal capital
expenses,
$21,298
200,000
Scott Ar St-ringfeiiow—
250,000
Scranton
200,000
Co.
I.
150,000
150,*00
100,000
Smith, Burney & Co;.— 4/100,000
1^0.000
Smith. Moore At Co.
250.000
William R. Staats Co200,000
Starkweather &. Co.'—*2
CO.
.
*
150,000
-
——
Webster and
At
100,000
—
.
2,000,000
Bloclget, Inc. L
Ai CO., Inc.'.
■
200,000
Stroud
Swiss
350,000
American Corn.—
Dabney Ac
Townsend,
■
Tyson
„
100,00o
100, ono
l nq
r>*o
150,000
Inc.——
300,000
200,000
Peabody & Co._ 4,100,000
100,000
J, D. Van
100,000
Hooser' & Co.
Walker & .Co.u.u-
;
50*,000
Lerchen & Co.
.lOUROo
Webster At Gibson—100,000
Weeden & Co.———*
lr0,000
Watling,
& Co.—•
Weld (to Co
Werthefm
White,
O^O.OOO
2,000,000
Whithig, Weeks At
"'un.noo
Stubbs
Wisconsin
Co._____
750,OOo
Woodward-Elwood & Co.
7*^.000
U*A"O0
100,000
Co.—_
10*."00
—
150,000
Dean
Witter
RcmUl E.
j=n nrm
Wurts.
500,000
Langley .& Co
750,000
.
The
&
___^-
100,000
.
-_„_■
Trask (to Co.2__
Spencer
7C*000
Tucker, Anthony A? CoUnion Securities Corp.— 2,650,000
G, H.
Johnson. Lane, Space &
p.
300,000
-L*
Scribner
Stone
200,000
160,
100,300
At
Dcane
.
Chicago.
Bhnd &
Kean, Taylor & Co.:
Kebbon,
McCormick
750,000
& Co..L..
Simon
M.
Stix (to Co...-
of
& Co..
...
&
Stillman, Mvynard &
Janney & Co
—V,
W,
Chas.
Yarnall
&
Wood (to C*.—
Dulles'At
At
CO
Co—
1636.
refund
tOn investment in and
$1,261,947
Schwa bachcr & Co.—_
20°,000
Corp.
Share
750,000
400,000
Inc.
Pomeroy,
200,000
Hornblower & Weeks—- 1,500,000
W. E. Hutton & Co.— 1,500,000
Co.
'
-
Stern Brothers & Co._—
100.000
—
Indianapolis
500,000
..
Stein Bros. & Boyce
Kirkpatrick-Pettis Co..—
22,339,793
-
—
750.000
IfnC.)
J. J. B. Hilliard & Son.
Hirschl. Lllienthal (to Co.
Illinois
I,250.00()'
750,000
Tmird. BKsnlt & M°eds__
22,534,201
,
150,000
Co.
150,000
:5ohs,
200,000
Shepard & Co.
400,000
Hayden, Miller & Co._—
750.000
Hayden,. Stone & Co
Hemphill, Noyes & Co._ 1,500,000
of $1,860,0&0 and debt retirement ^credit of
$198,500 for 1942 and post-war refunds of $2,146,000 and $153,000,
respectively, for year 1943 and 6 months ended June 30, 1944. •
'(After
100,000
1,000,000
Hawlcy,
W. C.
income
&
Rollins
If.
Inc.
4,100,0*0
Hall (to Co.
Kidder.
25Q,000
C?'25G,789
I Adjustment
Net
.
Ellis & Anderson
Hallgarten & Co——
Harriman Ripley & Co.,
■Co.
valuation
investments.
400,000
t. F.
150,000
Harris,
150,000
/Gardner. _
Robinson-Humphrey CP.
Singer,
Glore, Forgan & Co
Kalman
tPi'oV.
of
100,000
Neb.
Jphnston. Lemon & Co.-
ap¬
&
C'o.L„.
Aj
Shields & Co._l—
-Co.. Inc.
Ciga¬
American
rette Az Cigar Co,
Rein hold t
R-lter
200,000
Schocllkopf, Hutton &
100,000
Garrett & Sons_
P-nbert
100,000
; 600,000
(to Co
Putnam
150,000
of
Folgev, Nolan & Co.,'
.
19,314.000
1,669,023
*•
Hop wood
R. W. Pressprieli & Co.
100.000
•'48, 784
prof, taxes
Reduction
■
Cr37,079
47,133,259
776,573
207,929
*,
29,439
300,000'
Jaffray (to
Piper,
Rothaehild A: Co
Bros, &
Hutzler '
1
i-
100.00C
Field, Richarda (to Co.—
4,100.000
First Boston Corp
—
300,000
First of Michigan Corp.
Co.
150,000
—_
Arthur Perry A- Co.,
Salomon
Gieen,
Stale taxes based on inc.
of
400,000
1,250,000
—
768,592
45,816'
1.000,000
i—
Co
A:
100,000
& Co
Clement A. Evans & Co.,
Trust
150,000
Jackson
Webber,
&. Curtis
E.
309,425
164,799
before
of
Co,„_„
285, 125
7,128,000
Portion
Morris &
Equitable, Securities
693,,915
20 ,747,140
57,938,776
deductions
excess
Dillon & Co,_
Eastm#n,
277,399
Federal income laxes___
'•'Fed.
Co
Goldman, Sachs & Co.— 4,100.000
400,000
Graham. Parsons & Co.
58,786,689
——
_.
iiitonie.2.—
inc.
200.C00
100,000
1,500,000
2,000.000
150,(X 0
1,500.000
400,000
—V
Dominick & Dominick—
&
Pe.rr^h
18,268,632
849,206
21,568,649
received......
Int., amort., etc..
Other
Cc.
150,000
200,000
Ohio Co,__—
Co.,
—
(to
Paine.
Cr3,931
profit---——
-Total
&
Dickson
-
The
110,476
Other income
com pan v.
purchases
S.
M.
E.
254,544
(net.)_—
thereafter to and inch-
reouire short-term loans, except for
excess
Merle-Smitn
F-;t
exps.
and'
Dividends
15, 1967, loots'; ; and thereafter,
would be
ing,
R,
250,000
Cook Ar Co,—
Ncwtcn Ar Co.—-
150.000
200,000
5oo,eOo
& Co
■
CO,
Newhard.
100,000
L„ Day & Co.——,
100,000
Newbold'a Son (to'
H.
W.
100,000
•
-
& Co
Dain
.
.
Nashville Securities Co.-
100.000
Co
&
Dixon
(to
Mureh
H.
Maynyrd
—.100.000
-
.
f<Curtiss, House <Sr Co.—M.
"•300,006
2,650,000
Lynch
F. S. Moseley & Co—
150,000
19 ,195 817
stk. taxes,
of idle plant
equipment.
Uncollected
notes
and
fleets, receiv. charged
cap.
Net
Interest received-
,
and
gen.
8,775,453
dross
100'I .
Purpose—During the past. 12 months' period the company's shortterm loans payable to banks have varied between $48,100,000 and zero,
the peak of such short-term loans having occurred during the latter
part
of February
through March, and aggregated $i5,000,000 on
Oct. 16, 1944.
During the coining 12 months' period the company
contemplates target acquisitions, in quantity and in dollar amount, of
both burley
and flue-eured tobaccos, as well as greater acquisitions.
under more favorable conditions of Turkish-type tobaccos, than duriiig
(he prior similar period.
Company, particularly as ceiling prices of
and allotted quantities from the buriey 1944 crop have not yet been
established, cannot at this time determine the amount which will be
expended in the purchases of tobacco during the current season.
How¬
ever,
the company anticipates
the possibility that such purchases
Oct.
Courts
Co..
■
Republic Co.
Lincoln.
exps..^,.^...;
Fed.
incl. Oct.
at the fol¬
1957, 1G3U ;
to and inch
and inch Oct. 15, 1963, 101 tb r:< ;
and
adv.,
admin,
102lb'7 ;
date thereafter, upon 30 days' notice,
accrued interest: to and incl. Oct. 15,
and incl. Oct. 15, 1959, 102Mj f); thereafter
payment
,
263,092,980 529,422,104 442 ,152 ,203 363 ,548,664
of sales——,—.. 232,387,788 451,277,257 363 ,989 ,787-294 ,544,432
Cost
1
Co.,
——j———..—
Dick
allowances
Selling1,
(
500.000
E. W. Clark & Co..—
400,000
Clark, Dodge & Co.— 1,500.000
Coffin & Burr. Inc.
.500,000
R.
trade
and
disci,s.,
returns
and
&
Byllesby
M.
Paul H. Davis
banks amounted
connection with
'
&
Mitchuni, Tully & Co,„
Moore,- Leonard Ar t.,.
less
cash
.
Mlnseh. -Monell
J.
54,010,600 52.699,700
50,000,000 -§40,242,400
(
•.. ■
100,000.
100,000
First
1963, 101 la'1 ; thereafter to and incl. Oct. 15, 1965, lOlL ; there¬
to and incl. Oct. 15, 1.967, 100'b N ; and thereafter, 100';.
Also redeemable for the sinking fund on Oct. 15, 1945, or on any
prices
$3,000,000
4,100,000
Beanc
A*
Fenner
•
100,000
(Inc.)
-Calendar Years-
V 1943
'•
Pierce,
The Milwaukee. Co.——
Chanute,
Butcher & Sherrerd...
$
15,
interest
1944
-
Securities Corp.-
Mellon
Burns. -PotterCo,a—c
100,000.000 §78,354,800
*
500.000
Merrill Lynch,
—
1
8c
500,000'
*; *693,000
.
Sales,
200,000
Marks
M.
.Merrill, Tnrben (to Co.-
Central
Statement of Income V
End.
6 Mos.
Inc...———
Longhridge- & Co.^.;
166,359 shares; of
value of $1,220,650 and
'
leO.oou
150,000
Co,
Alex. Brown & Sons
the company's treasury.
.
150,000
Bcsworth,
stock and
par
Loeb,
Blyth & Co., Inc.——— 4,100,000
Boettehei- & Co.——
100,OCd
there were outstanding
1944,
June 30,
stock B.
common
after
lowing
of
100.000
600,000
Whelen & Co..^.
William Blair & Co
dividend certifi¬
aggregating $6,624, exchangeable for hot exceeding 265 shares of
-As
Note
Rhoades
Co.
600,006
Co.,
&
-
Eikins,
$4,158,975, respectively, held in
M.
&
Mason-Hagan, Inc.—
200,000
A. E. Masten & Co,l»u,ooo
McDonald & Co(_150,000
Biddle.
financing.
gincluding 48,826 shares of common
common
stock B, having an aggregate
Carl
Laurence
Becker
G.
^$95,350
16, 1944, short-term notes payable to
all of which notes Will be retired in
•
Mackubin, Lcgg & CT--.
Inc.
debentures, due. April 15, 1962,
1944, for account of the sinking
■
the sinking fund will
103';;
1957,
Oct,
of
/
■
2,650,OOp
4,100,000
—
200,000
2oo,UU0
150,000
Drexol
$15,000,000,
100,000
Parker <&
-
Lazard Freres & Co.__-_$2,650,000
Lee Higginson Ccrp..
Lehman Brothers
Co.____'.
Inc.
15,
by them; respec¬
.
-Watt's &
■
3')
Co.—$5,000,000
500,000
Inc.—
:
W, L. Lyons & Co.-,—
A..
1
4As
this
■•;
■
20-year
on Oct,
redemption
for
fund.
to
V
.
$3,000,000'
'
~ y
20j,ouU
$56,100,000
of these
underwriters of the deben¬
several
(to Co..
■Inc.
—
336,555
Whinpie
H.
with the trustee for payment
been deposited
have
11ncludes
,
15.
.
$25—
(par
B
bonds.
aggregate 100'r of the issue by or prior to maturity.
Redeemable, at the option of the company, In whole or in part, at,
anv
time upon 30 days' notice, at the following prices and accrued,
interest: to and inch Oct. 15",
1947, 105',; f thereafter to and incl.Oct, 15, 1950, 1041b'; ; thereafter to and incl. Oct, 15, 1953, 104U ;•
thereafter to and incl. Oct. 15, 1955, 103 'b'r; thereafter to and ihel.'
Oct.
stock
'-'Funds
.
retirement, of debentures otherwise than through the.
the sinking fund.
It is calculated that the amount of
be retired by the sinking fund plus the amount, if any,
otherwise
retired
cumulative .preferred stock (par $100)
stock (par. $25).._^_____—
Common
fund
sinking
'
follows;
as
Bear, Stea'rns & Co.._._
.♦•130,250.1962.2^ 100,000,000 497,045,000
Common
1969.
of
denominations
several
-cumulative
A
are
Outstdg/
V
354,800
.Rrl8,177,987Drl8: 177,987
cost-.,--
at
Baker.
158,000,000
debentures, due April 15,
Short-term notes payable to banks_
242,400
70,419,072
the several principal amounts underwritten
and
78,689,100
—
699,700
78,354.800
.
Bacon.
maturing Aug.
company
20-year 3'-)
070,209
Co.i.__^
Redpath.150,000
bonds of Consolidated Tobacco Co.,
1, 1951, payment assumed by-*'
hO-year 4'/
212,368
40,242,400
C.
367,999,115 390,536,591
Auchincloss,
June HO, 1911
—
831,250
' 950,733
52,699,700
Blair- & Co.-,
1944
831,250
209,107
C. and
Almstedt Brothers
-
bonds, maturing Oct, 1,
bonds, maturing Aug. 1, 1951
94,045.000
844,612
94, 045,000
700,255-
stock
stock,
,
95,350
000,000
3,000.000
1951.—I—..
1,
Baker, Weeks & Harden
advertising.
229,071
95,350
'
C. Allyn & Co.,
A.
618,029
,.
Total
demand, for
621,816
545,264
2,331,420
L
Treasury
790,496
34,790,625
(current)„:_
Surplus
Authorized
Interest payable April 15
and
Oct.
15
at office
or
agency of
company in New York City.
Guaranty Trust Co. of New Yolk, paying agent.
Coupon debentures
in denomination of $1,000, registerable as to principal.
Registered
debentures, in denominations of $1,000. $5,000 and other authorized ;
denominations.
Coupon debentures and registered debentures, and
15,
due Oct.
1944;
B
Common
tively,
177,658
1944_:.
1,
Aug.
Morg?m Stanley &
40-year 6%
expenses
Underwriters—-The names ef the
Capitalization of the Company, as of
investment houses.
15,
maturing
stock.
Gommon
tures
000,000
2,943,758
790,496
income.._.,__
in Amer.
preferred .stock
6';
3,0003)00
151,320
1962
15,
Minority int.
by, the company and American Cigarette
and Cigar Co. are principally for domestic consumption and are sold
mainly through jobbers and to some extent direct to chain stores and
other largo retail outlets,
Approximately 11.75 V) of the total quantity
sold in 1943 and 20.40',) of the total quantity sold in the six niohths
ended June 30, 1244, were, for export and Were sold principally to the
Army, Navy and related services for overseas consumption, s
nation-wide group of 148 invest¬
ment banking houses which offered Oct. 26 $100,000,000
25-year 3% debentures at 101 and int. This financing will
be the largest by an industrial concern since April, 1942,
when the same company sold $100,000,000 cf 3% deben¬
tures, of which $94,045,000 still are outstanding. The new
debentures are priced to yield 2.94 to maturity and will
benefit by a cumulative sinking fund commencing in
1945 which is to retire the entire amount by maturity.
This will give the issue an average life of 15 years.
With Morgan Stanley & Co., the principal underwriters
are Smith, Barney & Co.; The First Boston Corp.; Mellon
Securities Corp.; Harriman Ripley & Co., Inc.; Blyth &
Co., Inc.; Kidder, Peabody & Co,; Lehman Brothers;
Goldman, Sachs & Co.; Union Securities Corp.; F. S.
Moseley & Co.; Lazard Freres & Co.; Lee Higginson
Corp.; Drexel & Co.; Stone & Webster and Blodget, Inc.;
and White, Weld & Co.
In addition to the 148 under¬
writers the selling group will comprise more than 400
Dated Oct.
bonds,
Deferred
The cigarettes manufactured
Offered—Morgan
54,099,431- .54,099,431
payable to subsidiaries..^....
due April 15, 1962—-
debs,
4V)
Richmond, Va.
popular sizes ol' Antonio y Cleopatra,
Due
to war conditions and the
,
Stanley & Co. headed a
«
Oct.
April
stantial
for overseas
3.32J,623
*
621,816
accrued
cieipnia and Scranton, Pa..
/
,
Company's products are sold in a highly competitive'market, and its
principal brand, Lucky Strike cigarettes, is advertised extensively.
Advertising and sales promotion expenses have been substantial dur¬
ing past years, and the policy of the company is to continue sub¬
Hawaii to be Cut-
67.5
20,978,538
"
2,8 )8.901 '
'
_
made from clear Havana
El Roi-Tan
cigars, it has been"necessarv to suspend temporarily the manufacture
of Cremo, Chancellor and George W. Childs, cigars.
The manufacture
of the popular sizes of Antonio y Cleopatra cigars by machine precisioned work was started in September, 1942.
Cigars are manufac¬
tured by the company in Charleston, S. C.; Louisville, Ky., and Phila-
$9.42
$8.95
maturing
3<*)
under a long-term lease, agreement with
Cigar Co.
The 'principal brands now being
blade principally from domestic tobaccos,
and
Cigarette
20,184,210
'
officers—^
to
due
Accounts
are
tobaccos..
radiotelephone service to Hawaii from about twothirds of the States in this country will be reduced beginning' Nov. 1,
according to an announcement of this company made on Oct. 25,
In
addition,
radiotelephone rates to Jamaica lrom
all United States
points will be reduced on that date as well as charges from about
one-third of the States on calls to the Bahamas.—Y, 160, p. 1730.
Rates
manufactured in three
at Durham and Reids-
manufactured
are
and the
' ■'■
■■/.
cigarettes
These
Walker.
due
debs,
other
and
bonds
3'.;
manufactured by the company, include
Salisbury, Sweet Caporal, Omar, Melachrino
Lord
■
■
2,570,551
2,714,702
v.
taxes—;
for
64.t>
manufactured are El Roi-Tan,
excess
Overseas Rates to
Amount
cigarettes
manufactured in
is
American
profits tax credits of 10(4. t Includes
proportionate interest in earnings or deficits of Western Electric Co.
(partly
and
all other
majority-owned subsidiaries not consolidated
*
Provision
.
Cigars
stock.—
Co.
T.
.
6,744,665
—
.35V)
stock..—
payable on preferred
Interest, accrued—.
are
and
45,000
—
1944^_,..;'L_'...;_
Divs.
manufactured at Durham,
N. C.
■ ;
; v' -.
.V-''1
'
v':'
Of the smoking tobacco brands the most important are Bull Durham
and Half <fe Half,
Others include Five Bros., Cutty Pipe, Peerless,';
Ivanhoc, Liberty; Tuxedo and Blue Boar.
The plug and twist tobacco
brands include Cotton Boll, Ivy (Mayo's), Perm's Natural Leaf, Piper
Heidsieck, Eglantine (Mayo's) and Spear Head.
Bull Durham smoking
tobacco is manufactured in
Durham, N. C,
Half & Half smoking'
of
held
public •„
Applic. to A. T.
by
Va.,
Richmond,
at
of
Tareyton,
Johnnie
and
182,878,362
stks.
to
consol,
subs,
located
brands
Herbert
234,740,310
51,861,948
deductions.
3.16V)
.30'.)
.
the company is Lucky Strike cigarettes.
cigarettes constitute the preponderant por¬
cigarettes
.
367,999.115 390,536,591
Advertising
These
.
trustee—,——
payable tp banks in
Accounts payable,
N. C.
Other
228,064,8 il
(net)
215,276,887
9,810,136
income
Net
^
sales.
total
the
l'aciories,
brand of
2^,693,429
,
15,882,267/, 17,890,967;
sinking 1'itnd
Notes
3.00a-
'
this
of
' 23,453,523;
Mtges., note receiv., ins. deposits,;etc.——
Real estate, machinery, fixtures, etc.
(net)'L
Prepaid expenses and deferred charges'4—'..;.
Brands, trademarks/patents, goodwill, etc;_.
principal' product of
sales
ville.
233.850,638
134,169,020
56,455,776
2,641,607
income
Interest
259,487,329
139,508,743
52,524,994
2,760,602
income
tOthet income
Total
35,829,741
—,
oper,
57.412,762
35,085,969
68.722,170
profits taxes
Other
1,731,709.979 1.^97,155,347
1,117,437,0^0 1,001^070,818
excess..
&
Cash with
'■•Sixmonths ended June 30.
tion
Operating
Operating
93.49',;..
■
■
3.20',)/
•
Miscellaneous
The
7,001,773
.
;
,Ihvc-sfmcnts
-*T944
-,
3.97',;
Cigars
principal telephone subs.)
Mos.—1943
1944—12 Mos—1943
,
10,351,005 *-12,534/327
,,
,
■.
; 1,000,000
2,000,000
■
92.53'^
-
Tobaccos
Report
-
LiabiliHes—
1943
'
Telegraph Co; and
(American Telephone &
Period End. Aug. 31—
.
•
*'i'94tK7*
rebdivdblei1,024,*689*'580,566
226,089,958 236,ic>7,9311
Accounts receivable from subsidiarie*s_i.s.:;,HU_'—• 1,266,158
: 675,878
•'Pb^-waf'i refund' of Federalexcess profits''t'akek , 4,047,572. , 3,876,500'
Adcts, rccetv, from wholly owned foreign subs.i
"1,270.398^ 1,270,398
Inventories
:
1944), made upas follows;
*
tax credits of 10')-.. tDoes not
interest in undivided proiits or
Consolidated Earnings
System
.
<
v
.••;$
CL:..^—.661;32.0
savings notes,, series
receivable, customers' (net
•,<
Dec. 31,
Miscellaneous 'accounts
.
incorporated hi New. Jersey Oct,-;
19, 1904.
Company and: subsklUt'rlcs itre"engaged in the business of
manufacturing and selling cigarettes, smoking and chewing tobaccos,
and cigars.
The net sales of the company and such subsidiaries .were:
$589,422,104 in 1.043 and $263,092-,980 *in the six mqiitbs;end'ed June
30, 1944 (including Federal revenue stamps affixed to the products of
$279,027,018 in 1943 and $133,532,740 in the six months ended June 30,
tNet incom"
40,808,000 "3/730,250 163,646.000 164.713,246
DitEiS .mmooo uuoi
Earnings per -share——
$2.13
$2.23
$8.63
$8.81
After,, deduction
!-
deposits in banks, and cash on* hand—
Accounts
$
'■
'
■■
S. Treas. tax
U.
History and Business—Company was
187,155,000.189,051,518
23,509,000 24,336,272
48,709.055
5^19,000
-
deductions
.2,000,000
MorganCo. Incorporated
The National City Bank of New York
'•■"
■'
Demand
York_____l__^_:;r3,0(10,000'
R.
-■
<
*>•
,
-Assets-—
Co.,■2.000,000.
Guaranty Trust Co. of New
Manufacturers Trust -Co.j_
152,418,343
5,538,728
164,000
—
income
Interest
J.
1,005,000
39,968,000
income
income
income—net
Other
31,508,681
Consolidated Balance Sheet v.* - :
h«,
'
■
June. 30,'
t,' '
•
'
-1944
'
,
..
2,000,000
i
975,498
23,170,000
40,859.964 160,308,000
6
"
$1,500,000
tiivLLiYLL'i-r" T,500,000'
Bunk and Tt*us(pCo,_»_-7
Chemical Bank and Trust
2,414,761
shown lory the * yea 1-8;-1941
tively.^aiid to reduce hct' income showni for 1943: by $70,197),J,*
,
:
'
Chase National Bank
59,234,164
9,530,472
2,509,000
income—.
oper.
Dividend
Central Hanover
57,664,000
10,250,000
11,039,200
15,422,000
-
-
expenses
luXL
Co.„LLL
Trust
Bankers
134,907,000 112,313,028
29,444,337.
prof.
exc.
Mos.—1943
r'"
would r be: to' increase -,net " income
find -1942 by $55,147 '. nu{l,;$27,639/1 respcc-
,
Such addltibnaf working capitftl was. *,
working* capital.
to
ctbh^^30 $1-944
-—^
•'
-
covercd iby lhi.i sHteinettt Hie effect
\
required principally oil account of purchases "«F leaf tobacco,1
The
loans, all of Which are to bo paid as aforesaid,- are-payable- to-the
banks named below and, as of Oct. "16, 1944, ' the "respective , amounts
thereof were as follows:
s
s
225,991,000 212,666,345
s
49 923,796
$
Operating
" 1944—12
1944—3 Mos.—1943
added
were
Earnings Report
estimated)
September, 1944, partly
Period End. Sept. 30—
Operating revenues
cooperation of the public.
Telegraph Company
Telephone and
American
occasion'arises. V;;
V All the company's outstanding short-term loans payable, to banks
were obtained within the past two months, .and the funds'*'so' obtained;
from time to time as
additional amounts
•-
■■
MM.
than
*
M 6hday0
FINANCIAL CHRONICLE
THE COMMERCIAL &
1858
(were this adjustment applied to the three years
American
Viscose
Are In-
Corp.- •14,600. Employees
sured—
^
,.
'
that this corporation's life insurance:
by the company, is now 25 years
At the present time approximately
14,600 employees are insured for a total-oB$14,125,000.
During the
ouarrer /-pnfnrv since the beginning of the plan benefits of $1,668,374
have been
paid to 1,824 employees or their beneficiaries.—V. 160,
It
was
announced
on
.Oct.
26
plan for employees, wholly financed
eld.-having been .initiated'in 1919. '
p.
1289.
Volume
160
Number
\
-
electric properties of this. company for
weekended Oct. 21, 1944, totaled 86,324,000 kwh. an increase Of 1
over
the output of 84,660,000 kwh. for the corresponding
week
ot the
output
1943.—V.
160,
'>
'
•
railway..—l_-
Net ry, oper., income--Prom Jan. l—
'
'
V.-100,
—
1394.
p.
514,219
,
3,830,845
30—
Xfltal operating revenues——,.—
Operating expense — —ZZ./
Maintenance
Z——
Prov, for deprec., renew, & replacements^
'-'federal income taxes—
———
929,166
363,885
oper. - rcvs./___
33,021,413
Railway
945,809
':
oper,
exps/—_
23,851,693
4,963,995
Railway tax accruals—'
Equipment'A-ents, (net j_
501,729
>
-: >
153,796
Misc,
3,227,411
51,537,688
4,669,131
524,572
34,410,122
5,039,411
5,487,485
5,193,703
162,095
461,919
incouW —__/_l
deducs,
3,689,330
39,449,533
/
from-inc.
93,091
58,718
12,714
the
11.721
.40,895
Fixed
Operating
Total
income
Other
1,786
^
income
Gross
Total
$184,170
A,
—-
39,649
Bangor & Aroostook RR.—Earnings$734,821
$459,110
$7,034,161
470,011
388,014
4,411,142
168,724
55,096
1,778,221
3,892,314
933,619
$96,086
$16,000-
$844,798
$850,804
160, p. 426.
vk
'.2.' ■
Associated Gas & Electric Co.—Weekly Output—
.'
.
Rent' income—net ' ii-iU
The
Net ry.,oper.;
.
43,336
23,919
income^
Income
available
'
fixed
893
900
int.
,522,257
962,100
1,212,100
,255,100
$3,263,512
$4,367,945
$4,297,254
15,599
77,818
24,901
$3,349,702
$3,279,111
$4,322,155
1,837,083
1,845,000
$4,445,763
2,452,083
155,371
147,071
217,759
197,104
$1,357,248
$1.82
$1,287,039
$1,775,921
$1,664,500
*
$1.73
$2.38
$2.23
$3,292,947
56,755
./—«■
and
.
share
per
Based
■
2,460,54/
misc.
——
income-—;
,;'Ea rns.
18,953
$60,229
46,585
$1,072,202
$1,108,921
51,613
$120,905
charges-^*-
429,054
745,364 shares issued and outstanding.—V. 160, p. 1395.
on
469,902
,
t
Brunswick-Balke-Collender
The
filed
has
company
Co.—Registers With SEC
registration
a
statement with the SEC for
The shares are issued and,
stockholders, R. F. Bensinger
30,000 shares of common stock (no par).
$639,019
$643,148
$8,616
$74,320
Net ? income
—V. 160, p. 1395.
3,553,299
,654.620
for
—-i_
charges
Total .fixed
2,654,699
989,200
long-term debt-
on
deductions
$1,089,968
$1,046,381
25,821
'
jf
104,256
2,653,402
(net)--—.
239,164
201,583
$59,336
$120,005
.
Z-__
Other income—net
of the Associated Gas & Electric Corp. report
trustees
Int.
'/
1944 will be $122,231,—V.
,602,260
103,423
taxes—
Gross income
Net.
for the >
week ended Oct. 20, 1944, that net electric output of the Associated
Gas & Electricgroup was 126,749,375 kwh., an increase of 1,907,623 t
kwh,. or 1.5% over the same week in. 1943.*-V. 160, p. 1730. .;•■'■/
>*•'
income
Other
considered necessary for Federal excess profits tax..
11943 figures restated for comparative purposes.
/Sinking fund re¬
quirements are appropriated from net income to the extent available
and are a prior charge to the declaration and payment of any divi¬
dends.
It is estimated that* the sinking fund requirements • for the
year
income
$5,676,737
Railway operating exps.
Railway tax accruals—
$7,612
$22,290
Other
operating revs.
"No provision is
,
1,579,809
78,251
exps.~—
Operating income
1944—9 Mos.—1943
1944—Month—1943
Period End. Sept. 30—
Railway
1,191,237
77,550
32,948,260
for
Federal
117,047
:—
requirement..—.
1,197,163
1,210,537
1,224,721
Maintenance
Amort, of light oil plant
General taxes
-V; 160. p. 1395.
43,308
122,231
deductions...—
income
-tSinking fund
$167,968
:
(net)
13 ,092,181
:„~_
22,808,057
oper.
1943
13,479,121
1,630,683
deprec.„„—
20,604,056
18,095,275
British
$25,926,380 $25 ,527,935
9,669,959
2,450,299
2,581,309
claims"
any
1944—12 Mos.
1944—9 Mos.—1943
9,984,615
55,756,317
1,528,112
"prosecute
$19,432,973 $19,016,921
revenues..-,-^
38,699,331
2,068,127
income i/Z_ZZ
to
against the other defendants."
were named defendants,
and
corporations
5,031,608
Prov.
$166,610
1,358
$182,384
empowered
have
"may
Brooklyn Union Gas Co.—Earnings-
'
Net operating revenues
be
receivers
three
3,596.239
/;.'
charges i-ZilirZ—
fitted* charges :/
Net
i
Investment
SEC
the complaint
requested that they be enjoined from further violations of the Invest¬
ment Company Act.
The individuals named in the suit, who were
said to make up the entire boards of British. Allied and Automatic,
included Messrs..Otis and Franklin, and William Hutchinson, Arthur
Bailly-Blanchard, Byron D. Kuth, William R. Harrison and Eugene A.
Traeey.—V. 157, p. 7.
1,268,856
750,202
the
of
the
by
Allied
All
available Tor
Income
.
34,778
that
and
57,025,173
.'
24
Period End. Sept. 30—
■•■■J 41,250
71,425
.'/■-,
inc.,A Lx
34,223
,
41,250
V-<-—
220,373
income-",-—"
v-;'. Total
■129,196
■
' •
194.4—9 Mos.—1943
s
•
s
s
30,345,527 291,988,563 267,374,675
20,400,782 211,169,017 175,512,518
4,578,332
39,331,882
33,970,323
541,029
5,568,706
4.989,630
156,253-1,508,836
1,364,516
•
$482,613
33,576
'
Z.Z:—
Federal taxes.
State and local taxes
Other
757,941
(net )/'
facility rents
Net ry. ■: oper..
■,
11943
.
$529,922
.
Other
$
3,520,648
>.
Earnings—
1944—Month—1943
Railway
Be Named—
accusing Edward
actually received by them when they sold
letter sent out by the Transamerica Corp.
amount
56,499
■
Earnings Statement—
\'-V' ' ; f..'''*
1944
Arizona Power Corp.
.
;'
:
.
.
Oct.
between
Period End. Sept. 30—
104,049
Jt.
•
9 Mos. Ended Sept.
4,502,771
1,339,177
620,302
4,394,302
1,032,440
and'the
Accused
Inc.—Directors
Company Act of 1940 were invoke/
for the iiling in Federal court of a complains
V. Otis, Curtis Franklin and other directors of the
company of deriving improper profitsThrough their alleged, domination
of that corporation and two others controlled by it.
The court was asked, in the action, to appoint receivers for British
Type Investors, Inc., and for the Allied International Investing Corp.
which it controls, and to assign a trustee for the Automatic Products
Corp., which is controlled by Allied.. Automatic's failure to register
as
an
investment company was a basis for the suit.
It was askeh
Provisions
The plaintiffs charge that the amount
the true liquidating value of their
company.
difference
Baltimore & Ohio RR,
$412,224
44,528
50,643
•
Net from .railway—/!;.'
Net ry. oper. income—
,
1942
$418,381
109,647
49,699
the
Investors,
Type
Abuse of Trust- -SEC Asks Receivers
November,-. 1942,—V, 160, p. 3.
1941
1943
$524,438
165,066
■ ■
from -railway—-
Gross
in
.
recovery
their stock in response to a
1914
•
is
stock
'
$463,183
92,430
"
*.
,
.railway—1
from
Net from
v
for
stockholders of this
of
RR.—Earnings—
September-*-Gross
suit
A
sought
*
>-V, 160, p. 977.
Ann Arbor
of about $3,600,000 was filed on Oct. 19 in the
United ^States .District Court at-Wilmington, Del., on behalf of former
the
1730..
p.
British
Axton-Fisher Tobacco Co.—Suit Filed—
American Water Works & Electric Co., Inc.—OutputPower
1.859
THE COMMERCIAL & FINANCIAL CHRONICLE
4329
outstanding
■
and
and
being
are
sold by
two
B, E.
Bensinger, 15,000 shares each.
.
price to the public will be filed by amendment.
The under¬
are
Lehman Brothers, and Goldman, Sachs & Co., both
of
York—each underwriting 7,500 shares for each account.
The
The
v
Associated Press—Files Brief in Supreme Court De¬
nying It Is Public Utility—Bays N. Y. Court's Ruling Is
Step to Government Control—A'.-'S
v"'.V.V-.
the supreme Court on Oct. ,23 that a;
lower court order requiring it to change its membership laws would,
in effect, make newsgathering agencies subject to regulation as public.
Utilities. despite
many .previous court decisions that they are - notJ
Associated
The
told
Press
Maintenance
.
deClaied that "submission to the public utility
principle
.
.
would be a first step toward becoming a subsenrlent instrumentality of the Government."
^
/ "News-gathering agencies are. not public utilities and should not be
made such by Judicial action," The AP said.- /-J "
'
*» • > •
•
*
'"So grave a step as transferring the press from the field of private
enterprise to the status of a regulated public utility is the last thing
which the courts should do on their own motion—and the last thing
that should be done at all so long as anv possible alternative exists."
The lower court's decisionv was made Oct. G, 1943, in the Govern¬
ment's civil anti-trust suit seeking to force The Associated Press to
throw open its membership to any applicant willing and able to bear
its share of the costs of newsgathering,
In addition to the AP 18
of its directors and approximately 1,200 other members were named
is
brief
ment's
be
filed.—V.
due
159.
,
by
'
■
t*
$12,907,
-'f
■■■■';I.,.
Railway
—V.
24,994,108
accruals—
13,746,989
credits
Dr649,663
oper. income.
5,796,882
Railway tax
Other debits
or
$ ''
3,974,679
'
Federal income and
$6,965,000 in 1943.
■
Railway tax accruals for the nine months ended Sept. 30,
clude $106,297,144 Federal income and excess profits taxes
with $92,365,000 in 1943.—V. 160, p. 1394.
.
.
■/...,■/
Net profit after
Earnings
—V,
1944
$10,586,000
$3.81
.
all chgs. &
share..—■—
common
per
160,
\
Sept. 30—
;
The
:
showed
assets
net
with
report
the
for
$1.86
As$et Value—
mon
Revere
Sr.
cumulative preferred and the com¬
du Pont (E. I.) de Nemours
Loew's, Inc.,
and Twentieth Century-Fox
St Br«cs
Copper
7%
stocks of Commercial Credit Company,
Gulf
Co..
Film
Net
Oil
Corp.,
investment
to
income
$0.34
per
for
the
nine
share.—V,
160,
months
p.
endec} Sept. 30, 1944,
1179.
Commercial
William
Dana
135
S
and
Financial
Seibert.
La
Chronicle
President;
Salle St.,
Chicago
William
3.
Ill
per
Issue Approved—)
the
31.—V.
1523.
competitive
which
sale,
is
scheduled
Oct.
for
160,
■.
■
;
•
■
nine
California Water Service Co,—Earnings—
Z /,//
_
but
'"-;//./
Net
for
$83,584
1
$1,017,009,
of
after
(&
depreciation
but
excess :
profits '
taxe$^:Tf--^-i
$5,833.66?
.
Net
profit.
—V.
—
of com. stk. outstg.
Earnings
160,
(par
$20)
share,
per
Gross
etc,
for
Provision
deductions_^w__^^
for Federal excess profits
Federal
income
$1,307,209
208,778
300,493
;Z
$524,690
$494,049
208,502
preferred stock-
on
208,502
1944
Sept. 30,
'
Assets—Plant, property, rights, franchises, etc. (less reserve for de¬
and amortization of. $3,823,473), $18,283,008; miscellaneous
investments: and special deposits, $11,845, excess profits tax—post-war
refund, $17,695; cash pnd working funds, $719,102; investment in
securities,
$3O0,0OO; accounts receivable, less reserve,
government
$249,878; materials and supplies, less reserve, $235,532; debt discount
and expense in process of amortization,
$465,801; prepaid accounts,
$25,008; miscellaneous deferred charges and suspense, $42,157; total,
520,350,026.
■
920,000
Liabilities—First
mortgage 4%
bonds,
series "B" due May
1,
1961,
accounts payable* $109,564; accrued interest, taxes, divi¬
$724,154; unearned revenue, $27,618; consumers' meter
deposits, $35,450; consumers' extension deposits, $234,466; miscellane¬
ous
reserves,
$31,195;
contributions for extensions, $357,358;
6%,
cumulative
preferred stock
(par
$25), $3,475,000; common stock
(par $25), $2,914,200; capital surplus, $70,499; earned surplus, $488,521; total, $20,350,026.—V. 160, p. 1396.
'
$11,882,000;
$1,895,722
437,524
S4.55
159,252
.
preciation
3,066,000
437,524
tax_^_.
Net' income
Dividends
$5,881,722
$1,988,867
512,676
514,259
^
tax
■
$4,33
1731.
p.
$1,295,563
11,647
$1,406,979
income_»_____^„____„_.
corporate
Provision
T
900,000
$1,820,036
437.524
$4.16
$1,393,710
•
1942
2,945,000
3,480,000
2,223,828
1,999,992
13,269
/ Balance Sheet,
1943
1944
$3,295,555
Z^
Interest,
before
Subs.)- -Earnings—
■
$3,617,537
earnings^ from operatiQiL^v,-,^-—br¬
other income
profits taxes and renegotiation
excess
1943
1944
30—
1944
provisions
before
12 Mos. Ended Sept.
Operating revenues
—
—
Opei-ating expenses and general taxes__w~_.
Ot"-'.",
•
ended Sept. SO,
months
after-depreciation
&
$0.69
$0.67
$0.24
$0.22
etc.,
^
'
Bendix
Aviation, Corp.—New Department Established
Calumet & Hecla Consolidated Copper Co.—New Pres.
a
new engineering,
sales and service organization
company's expanding activities in the field of rail¬
was announced here today by William P.
Hilliard, General Manager of the corporation's Bendix Radio Division.
"Bendix Radio,"
Mr. Hilliard explained,
"has been receiving an
Establishment,of
coordinate
number
of
inquiries
and
requests
been
has
elected
President
to
fill
the
vacancy
caused by the death of Albert E. Petermann.
He is
division.
successor
since
also
will
Lovell
Mr.
for
has
Lovell
Mr.
operating tests of
very high
frequency
radio communications equipment sin"e actual
tests were first conducted last March With the Chicago Burlington &
Quincy, and the Baltimore & Ohio railroads."—V. 160, p. lo22.
increasing
Lovell
R.
Endicott
the
communications
radio
1941
been
Manager of the Calumet
Vice-President ot the company.
General
director and a
as General Manager
a
continue
has been
unti) such time as a
appointed.—V. 160. p. 1731.
Canadian National
Period End. Sept. 30—
Ry.—Earnings—
1944—Month-^1943
1944—9 Mos.—1943
(Sidney) Blumenthal & Co., Inc. (& Subs.)—Earns.—
•
Period End. Sept. 30—■
Prov.
deprec.
Net
income
per
-r-V, 160,
com.
p.
$281,438
$366,466
$919,511
60,007
171,802
180,697
164,507
233,219
376,892
488,599
$73,240
$370,818
$438,419
$0.17
$0.23
$1.32
Expenses
$1,107,716
56,826
$1.59
—
share/
1627.
,
;
.
•
.
•
planes
—V.
32,185,000
^
36,946,600 328,143,000 326,949,000
27,521,000 266,937,000 254,831,000
5,603,000
160, p.
9,425,000
61,211,000
72,118,000
1291.
Canadian Pacific Ry.—Traffic Earnings1944
Traffic
earnings,
160.
p.
—
1943
$6,101,000
week Ended Oct. 14—
$5,881,000
1731.
Carpenter Steel Co.—Obituary—
flew
more than the mail carried in
the same month last
The corporation's planes^ carried 141,669 pound" n' nv^"pSS
during September, an increase of 24% over August, and' exceeded the
amount carried* in September of 1943 by 6%.—V. 160, p. 1522.
82,731
37,788,000
Mileage .Flown—
555,843 revenue miles in September,
an increase of 13%
over August and a 50%
increase over September
of last year, according to figures released by C. G. Adams, SecretaryTreasurer.
He said Braniff planes are now flying more than 16,000
miles daily.
A total of 26,209 passengers were carried," whi"h is 66%
more than the number carried in September, 1^43.
The 510,879 pounds
of mail carried last month was an increase of 5% o?er Augirt and was
corporation's
_
Profit
.
—V.
Braniff Airways, Inc.—Record
The
___
on
equipment
Est, prov, for taxes_^
plant. &
Earns,
Gross earnings
943
$60,106
operations-
for
1944—3 Mos
1944—3 Mos.—1943
Joseph H. Pendleton, Secretary and Treasurer, died Oct. 7, following
a
heart attack.—V.
160, p. 1628.
Caterpillar Tractor Co.- -Earnings—
Period End. Sept,
30—
1944- -Month—1943
1944—12 Mos.—1943
$
pounds
Net
sales
Net
pro%t
—V.
160,
w
—
p.
23,374,71.0
603,890
15,553.004 215,394,253 173.493-"9R
844,009
7,793,280
8,675,751
1396.
(Reg
U S
Patent Office),^William B
Drtna Company, Publishprh 25 Spruce St. -New York 7. N Y„ BEekman 3-3341
Herbert D Seibert.
D.
Riggs,
Business Manager.
Published twice a week feverv Thursday igeneral news and advertising issuet with a statistical issue
(Telephone: State 0613»
1 Drapers' Gardens London E C.
England e/o Edwards & Smith. Copyright 1944 by William B Dana Company
class matter February 25. 1942. at the post office at New York
N Y., under the Act of March 3 1879
nnH Possessinnq S2R no per year: In Dominion
year- South and Central
America. Spain. Mexico and Cuba. $29.50 per vear: Grea* Britain Continents' Euronp fevropt
Asia. Australia and Africa. $31.00 per year. NOTE: On
ations In the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
T»>e
offices
cents
bidding
P.
dends,
year.
Corp.
amounted
$149,008
quarter
$2,313,342, or
or
$13.33 per share on Sept. 30/ 1943.
'
■
;
During the quarter the fund added to its portfolio Standard Gas
& Electric
Co. $7 preferred and the common
stocks of Blumenthal
(Sidney)
&
Co.,
Inc.,
General Gas & Electric. Corp.
A, Gimbel
Brothers, Inc., and Philco Corp.
Stocks eliminated from t*e portfolio
were
'
427.
netincome
Profit -frpm
1943
$5,393,176
ended Sept. 30, 1944,
of $2,347,457,' or $14.83 per share,
as compared
$15.08 per share on June 30, 1944, and $1,896,291,
its
$146,062
Profit after chgs. but bef. Fed. tax.
$6,1x0,036
Federal?normal,and surtaxes-j810,000
Federal
.
in
company
$52,471
15
•
fended Sept. 30—
9 Mos.
to
1075.
p.
Axe-Houghton Fund, Inc.—Rise in Net
229,346
$47,923
pfd.
Beech-Nut Packing Co.
'
/
9 Urn. End.
76,449
229,346
of
Dec. 4. 1943, distributions
quarter.1—V. 160, p. 1180.
approved the proposal of the company to sell at com¬
$13,500,000 first mortgage bonds, due Nov. 1. 1974,
and
apply the proceeds, with general funds ,to redemption of $13,500,000 outstanding first 4s, series due 1966, at 105Va and accrued
interest.
The interest rate will be named by the successful bidder
Bausch, Chairman of the board of this company/ and last'
surviving son of John Jacob Bausch, founder of the firm, died at his
summer home near Rochester, N. Y'., Oct. 19,
1944, at the age of 83.
—V. 160, p. 1076/
'
■
/
(& Subs.)—Earnings—
Atlantic Refining Co.
.
$375,407
76.449
'
each
The SEC has
$378,354
$128,920
$124,371
including
made
California Oregon Power Co.—Bond
239,481
William
1944,^ in¬
compared
-
were
Bausch & Lomb Optical Co.^—Obituary—
Atlantic Coast Line RR.—Acquisition-
1394.
to
$817,835.
$578,795
203,388
80,146.
and
1942,
6,403
>
fr
$209,066
3.
share
$611,431
-
provisions for Federal income and excess profits taxes and renegotia¬
tion of contracts.—V. 160, 1627.
"' /.'/ //.■/)'/■■ .'7'/;: /;/■
obligation for principal and interest on $720,000 first .mortgage dVaS,
due 1970, of the Washington & Vandemere RR. will be assumed by
Atlantic Coast Line RR., which acquired the road recently, the New
York Stock Exchange has been informed.
The Atlantic Coast Line
RR. owns- 100%
of stock of the W. & V. RR., which is being dis¬
p.
;
contracts.
road
solved.— v., 160,
on
income
estimated
$
„
x
Clyde. Iron Works, Inc., of Duluth, Minn., acquired by Barium Steel
45,359,031
40,125,367
capital stock, no par value, payable Dec. 5 to holders of record
A like amount was disbursed on Sept. 5, last, as compared
with. 20 cents each paid on March 4 and June 5, 1944.
From March 5,
Corp. On Aug. 30, 1944, and now a wholly owned subsidiary of the
latter company, -: reports- for the nine months ended Sept, 30,
1944,
month of September, 1944, include
excess profits taxes compared with
$11,645,000
Rr5,576
_
p.
income ;
of
r
tax accruals for
Notes—Railway
1,398
,t
160,
Shrs.
Net ry.
Dr4,264
Earnings for
38,740,853 389,834,662 342,862,399
25,264,318 221,038,601 183.216,666
9,214,541 124,943,681 110,912,106
£9-287,315 Dr3,727,013 Dr3,374,596
45,187,642
revs—
oper.
Rai'way oper. exps
$584,371
Balance :Z.z^z_/_Z„l_/.
Federal
1944—9 Mos.—1943
■$
120,636
$207,668
Oct, 24 declared a dividend of 15 cents per sharo
directors on
the
Nov.
at
'
...
,
The
on
147,783
share
(217,216) .i".__^ZZ.___
7v:',.t
•
1944—Month—1943
'"#**
M*.'.
Net .income
Net
...7
Tr,
Burroughs Adding Machine Co.—15-Cent Dividend—
Balance per com*,
i' Atchison, Topeka & Santa Fe Ry.—Earnings—
{Includes Gulf, Colorado & Santa Fe Ry.,—Panhandle & Santa Fe Ry.)
Period End. Sept. 30—
426,664
340,779
$183,960
8%
the
236,936
$188,225
•
/ .stock
debentures are also being notified that funds
have been received by the bank to pay the April 1 and Oct. 1, 1944
ooupons op these debentures at the rate of 5%
per annum.—V. 158,
p. 1630.
;
,,
T;.. 'V/.-.
of
328.967
240,998
/■ 59,,589
•
Paying April 1 and Oct. 1 Interest CouponsHolders
328,008
78,979
/;
7
chgs.^;.(nefc) Z_
■
Accrual for,div.
York„-ll Broad St.,
New York, N, Y., will up to 12 o'clock noon on Nov, 21, 1944 receive
bids for the sale to It of 8% gold debentures to an amount sufficient to
exhaust the sum of
109,656
77,814
/ Gross income
r'i
Bank of the City of New
National
109,203
proceeds will go to the selling
profits
)/' Barium Steel Corp.—Earnings—
Corp.—-Tenders Sought—
Asuncion Tort Concession
The Chase
108,856
petitive
.
/
1966.
p.
■
125,879
Total int.
^
will be held the week of Nov. 13. The Govern¬
Nov. 6,* after which the AP's reply brief'will
Hearings on the case
*
/■'
-35.877
stockholders.—V. 160, p. 631.
634,072
...
r
:' /
$2,261,041
672,812
■,;/_/
exc.*1
taxes—^w/„_T-_Z^Z'z_
.
defendants.
$2,378,733
43,810
Net, oper./incpmez'Z'lT
Other1'income) (net)
gathering organization
as
taxes
Fed/ inc. &
v
$763,292
210,476
for depreciation
Prov.
'General
New
$803,317
236,482
Zzzv„_zz
;,5
writers
1944—9 MOS.—1943
1944—3 Mos.<—1943
Period End. Sept.,30—
Total
oper/ revenue///
Operation ^/.l/IlZ/l^zz.
public utilities.
i ■In a brief asking reversal of the two-to-one opinion by a three-judge.
Federal District Court in New York, the cooperative/ non-profit news-
-
(& Subs.)—Earnings-
Bangor Hydro-Electric Co.
Editor and Publisher;
on Monday)
Other
Reentered as second-
of Canada. $27.50 per
account of the fluctu¬
J
THE COMMERCIAL
1860
Called—
Central New York Power Corp.—Bonds
'
The
not
from
.Aug.
.
maturity.
miles
Net
mortgage
.
107%.
which
of
New
Directors
Gustav
Mctzman
William
of
redemption
The
this
K,
has amounted to more than $190,000,000, or more than
foregoing reduction in funded debt is principally
re¬
sponsible for reducing annual fixed charges by more than $7,300,000,
or by more than 23%.
below the 1939 level.
Bonds of Series A,
of
V.
of
Aug.
less
1,
than
1950,
a
which
159.
are
in
A
100
to
previous notice at prices
Aug.
sinking
a
to
ranging from
104
($s
the
July
following prices; from Aug.
to
July 31, 1962,
thereafter
'interest,
Aug.
and
their
to
or
incl.
July
160,
31,
1,
1950
1974,
to
Net
York
New
RR.)
Central
and Jesse
elected
2077.
Judge Guy L.
of
Net
of
York
New
in
of
the
Federal District
Oct.
30
the
time
Supreme
substantial.
of
the
Manager.—'V.
160,
Court
which the
in
Gustine
stock.
the
Of
latter,
140,000
v.'..-
shares wall be offered
the exercise of
upon
•
to
1941
1942
$138,147
$135,045
$155,175
extended
has
road
must
file
a
for
30,622
72,987
has
elected
been
the $6 preferred
u.
The date of
deliveries
of
31,640
6,395
8,920
29,815
income—
5l
1,260,281
1,321,956
160,
497.093
293,600
196,160
596,892 4
207,704
312,677
Co.—Sells
Credit
1077.
p.
President
payment of $5
the initial public offering
or about
on
preferred
stock
Nov. 2, 1944, and
checks
ana
be
cumulative
All
will
per
of
called
be
from
that
date,
Other
for
.
preferred
$6
stock
redemption
for'the
on
not
or
about
.
...
,
.
so
surrendered
Dec,
in
1944,
4,
$107.50
at
share plus accrued dividends to the redemption date.
shares of new preferred stock which stockholders do not take
Any
the exchange offer are to be sold to the underwriter.
Blyth
Co., Inc., at price of $102.50 per share for resale to the public, y
order
Int.
preferred
ferred
advantage of the excxhange offer, holders of $6
must deposit certificates for their shares of $6 pre¬
stock
stock,
accompanied
by
properly
executed letters
of
acceptance
and transmittal,
with Central Vermont Public Service Corp (P, H.
Wellman, Treasurer), 121 West St., Rutland, Vt., at or before 3 p. m„
EWT, 011 Oct. 30, 1944,
Any '$6 preferred stock not received by the
company prior to the close of the exchange period will not be entitled
to
the exchange.—V.
160, p,
1732,
Central Vermont Ry., Inc.—EarningsGross
from
Net
ry.
$698,132
113,917
$739,358
$728,280
of
stock
the
British
180,016
222,326
194,851
income—
18,512
95,369
132,561
118,412
from
Net
from
Net
ry.
—V.
6,643,144
railway
160. p.
6,864,390
'
6,079,298
5,881,203
1,453,519
1,840,805
1,747,879
1,844,498
613,503
1,059,163
1,049,253
.
2.2%
.
1396.
of
directors
on
the
a
increase
Oct.
record
annual
$1.50
Oct.
Chicago
■
The
Nov.
30,
20
stock,
out
25,
distribution
on
Oct.
on
of
declared
no
1
on
its
par
an
value,
annual
dividend
pavable
Oct.
of
31
$2
to
holders
per
of earned surplus.
On Oct. 30, last year, an
$1.75 per share was made, as compared with
158, p. 1728.
1942.—V.
Burlington
&
Quincy RR.—Asks
has sent out invitations for
proposed offering of $40,000,000
company
1,266,891
1,203,616
333,835
359.870
450,308
469,375
$748,398
$806,698
$1,066,801
S987.792
bids
in
4.9,621
124,720
67,927
136,402
$798,018
$931,418
$1,134,729
$1,124,193
25,900
30,610
35,319
41,598
7,216
1,491
7,216
2.424
dis¬
of
inc.
50,000
&
profits taxes
321,000
share
per
417,700
317,300
281,700
$443,902
—.
$481,618
$724,894
$798,471
$2.14
$3.53
$3.63
Of
stock.
common
^Provision
for
$2.21
rehabilitation
operating Indianapolis
Consolidated
other
and
plant—added
Earnings
to
Months
for 3
of
Profit
reserve.
Ended
Sept.
30
1942
1943
1941
$5,641,621
4,999,475
$5,504,146
$5,529,447
S6.599.205
4,875,938
4,687,300
5,517,405
328,066
279,080
317,299
377,824
107,512
119,166
101,060
111,176
operation
$206,566
$229,961
$423,787
$592,799
14,304
60,678
13,131
18,551
i
$220,871
$290,640
$436,918
$611,350
9,418
10,988
12,558
sales—.—
for
to
preparatory:
expenses
operating
1944
Net sales
deprec.—_
from
income
income
amort,
utilities, for the week ended Oct. 21
corresponding period of 1943;
Fol¬
lowing are the kilowatthour output totals of the
percentage comparisons
Week Ended—
V
with
last
year:
1944
weeks and
past four
% Inc.
1943
7——
193,196,000
180,940,000
2.2
2.2
6.8
Sept.
30^——188,269,000
180,514,000
4.3
.21—-.
190,705,000
1
Oct. " 14..
1
—
—
'
186,525,000
191,288,000
'
Oct.
Oct.
to
new
for
be
Bids—
received
bonds.
Two
of
debs,
7,849
.
sales
on
mant.
of
for
Frov,
Net
■
,
.
Loss
dis-
or
.
•
_
,
<
_
■
Fed,
842
1,739
133,100
properties,,
205,940
304.200
$218,251
3294,592
•
taxes—.
92,500
$120,522
$147,280
surplus June 30
4,808,303
4,492,347
profit
Earned
■
Total
4,120,52$. j; 13,758,750
dividends.—
Shares
187,261,000
v
$4,053,342
32,680
30,935
50,140
50,140
50,140
30—
$4,878,685
$4,572,200
stock„„
200,561
200,561
$4,257,701
"200,561
$3,970,522
200.561
$0.65
$0.93
$1.31
share
per
.
50,140
Sept.
common
Earnings
17.285
-
dividends
Common
$4,338,,7^.6'
$4,639,627
$4,928,826
—
Preferred
the
over
$0.60
;
Consolidated Balance
Assets—Cash
banks and
in
Sheet,' Sept. 30, 3944
,
United States gov¬
accounts receivable tless reserve
for doubtful accounts and discounts, $189,843), $959,260;
inventories,
$4,470,041; other assets, $41,374; fixed assets (less reserve for depre¬
ciation of $8,962,555), $7,410,668; intangible assets—patents, $1; de¬
ferred charges,
$30,439; total, $15,652,545,
'
'
hand,
on
$1,843,276;
securities—at cost,-$897,480;
ernment
,
Redeem
To
of
outstanding 1st mtge. 3% %
bonds^
Trust
160,
Co.,
series I,
trustee,
successor
231 So.
La
Chicago,
Salle St.,
111.—
1733.
p.
Liabilities—Accounts
accrued
Federal
Commonwealth
Southern
&
Corp.—Weekly Output—
electric energy of subsidiaries
corporation adjusted to show general businecs condition"! of
territory served for the week ended Oct. 19, 1944 amounted to 251.981.146 as compared with 249,156,666 for the corresponding week in
1943, an increase of 2,824,480 or 1.13%.—V. 160, p. 1733,
we'ekly
kilowatt
output
hour
of
this
Connecticut
Railway
ment—
&
income
Period End. Sept. 30—
MoS.—19431
I944—12 Mos.—19431
$4,660,221
$4,660,259
$6,192,032
$6,119,178
maint.—
2,595,314
2,465,941
3,466,666
for depreciation-
316,452
313,367
417.237
500,000
500,000
808,805
684,041
998,766
877,718
revenue
exps.
Pro v.
for
inc.
&
—
contingencies
&
exc.
-
'
taxes
81.925
83.220
112,776
124,776
277,561
272,624
367,039
349,896
$580,164
$841J566
$329,549
$651,121
243,012
313,061
350,321
419,340
revenue—..—
income
Income
10-year
3%
$276,057;
and
sinking
reserve,
fund
for
debentures
price
common
Cooper-Bessemer Corp.—Unfilled Orders—
corporation
The
commercial
Oct. 26
on
customers
are
announced that orders and shipments
the increase compared with Govern¬
on
work.
at
orders
Unbilled
July
1.
(net)
income
——
deductions——
income
Balance to
'•Interest
$823,177
§1,154,127
$679,870
$1,070,462
220,857
169.014
296,790
$933,270
$510,856
$773,671
277,729
97,011
$726,166
;
surplus—
on
$726,166
long-term
debt
sinking fund requirement.
purposes.—V.
third
in
booked
Orders
1944
$27,717,756
—-
quarter of
2,762,463
1944
——
billed"
Orders
Unfilled
—V.
third
in
60,491
160,
Consolidated
p.
held
quarter
of
1944—
$30,480,219
$450,365
$406,134
.
in
and
11943 figures
called'
sinking
for
restated
for
fund
comparative
429.
Cigar
at Sept. 30,
1182.
1944
7,620,206
—
$22,860,013
—-—
v
•
Copper Range Co.—New President, Etc.—
Morris
F.
LaCroix.
Treasurer
and
a
director of this company sinoo
has been elected President to succeed
the late William. H.
who died cn Sept.- 29.
Mr. LaCroix is senior partner of
Srhacht,
367,538
$635,541
orders
160, p.
Paine,
Jackson & Curtis.
Beaudin, Vice-President
Webber,
Philip
The
$531,157;
taxes,
414:641
& local taxes
Gross
and
taxes,
profits
—
Net oper.
Other
general
3,201,026
Operating
Frov.
other
and
compensation insurance, $400,663; reserve for future
decline, $500,000; reserve for general contingencies,
stock (200,648 shares no par), $5,279,300; initial
and capital surplus, $1,621,674; earned surplus (restricted as to pay¬
ment of dividends by debenture indenture to the extent of $3,965,088),
$4,878,685;
cost of 87 shares of commoir stock held in treasury,
Dr$3,057; total, $15,652,545.—V. 160, p. 429.
to
/ 1944—9
salaries
wages,
and
operating
$146,731;
ment
Oper.
$806,132;
(sinking fund retirement due within one year), $200,000;
10-year
3% sinking fund debentures due May 15, 1945, $800,000; reserves for
Lighting Co.- -Income State-
■"
local
state,
inventory
of
payable—trade,
commissions accrued, $203,954; interest accrued on debentures, $11,250;
.
have been called for redemption as of Dec. 5,
int.
V.
-
due June 1,
1944, at 105 and
Payment will be made at the Continental Illinois N-riional Bank
All
1968,
&
the
3l/z% Bonds—
■"-Reservation of net inc.
capital
$21,801,553
19,140.770
879,414
debs.
or
profit
Balance
the Commonwealth Edison group of companies,
other electric
sales to
Net
Chicago Allerton Hotel Co., Chicago, 111.—$2 Dividend
The
share
1944—12 Mos.—1943
19,707,390
.
1,181,277
income—
of
Fed.
for
1940.
railway
oper,
•:■■■
,
961,455
——
sales
Earnings
valued
was
company
From Jan. 1—
Gross
he continued.
Although
extremely severe weather
be material.—V. - .160,
will •■not
14,500,591
——_
amort,
on
which
$691,232
oper.
winter,
1944—9 Mos.-r-1043
mantlements of props.
*Prov. for rehabil
!•
surplus
The
concerns.
Electricity output of
State
1941
,
railway--—
railway
from
Net
1942
directed
to
off
on
Other Federal
1943
been
no
showed
Fed.
1944
for
excluding
taxes
September—
the sales
upon
$16,773,884 $16,546,572 $22,491,391
opers.—_
income
&
Loss
&
take
to
both
$293,372
The
;.
exchange
under
In
of volume,
the company will be com¬
in order to serve its winter
under
result
net
depreciation^
income
Total
Commonwealth Edison Co.—Weekly Output-
adjustment of dividends will be
110
exchanges.
on
shares
by the -New York Public Service$306,627 representing the excess
stcck of Commercial Cable Co., Ltd., a British cor¬
has
.
and
payments will be made to exchanging stockholders as soon as
practicable after such date.
Since an amount is to be paid equal to
dividends accrued to the date of exchange on $6 preferred stock sur¬
rendered for exchange, and dividends oil the new preferred stock are
to
this
;
affected
the
point
14,730,196
from
Total
the books of Commercial Mackay Corp.
% u
original cost or depreciation on the property , was deter¬
mined, the company's balance sheet, 011 the basis of .studies by the
Commission, shows an adjusted amount for plant and equipment in
service of $26,161,152 as of Oct. 31, 1942.—V. 74, p, 1357.,
cash
necessary
winter-,
in
destroyed
expedients
extent
be
will
————
Profit
Ordered—
Co.—Write-Off
Cable
write
to
books
its
While
dividends)
new
this
for
Cost
1397.
p.
company
owned
1396.
preferred stock and the redemp¬
of $107.50 per share of
new
exchange is expected to be
for
number of
a
maximum
service
sales
1,216,031
595,312
1,361,471.'
435,857
income
railway
oper.
160,
on
stock.
certificates
addoxL
facilities
-,
of
Other
'
equal to the difference between
per share of the
(exclusive of accrued
of
company's cash and surplus positions' are
lost in the accident are comparatively
gas
effect,
Admin., sell. & gen exp.
67,016
poration, acquired for $600,000 from Commercial Mackay Coi£>„
plan
an amount equal to accrued dividends to the date of exxchange
the shares of $6 preferred stock surrendered in
exchange), for each
share of $6 preferred stock so surrendered.
The cash
price
the
sales
Cost
$138,820
45,907
—
railway—
from
The
(plus
tion
was
period End. Sept. 30—
Net
Net
1943
1944
Commercial
on
price of $102.50
the
of
little
1398.
Prov.
Central Vermont Public Service* Corp,—Exch. Offer—
is
dis¬
Continental Steel Corp. (& Subs.)—Earnings-
V.
Corporation is offering to the holders of its outstanding preferred
stock, $6 dividend series, the opportunity to - exchange their shares
fori shares of preferred stock ($100 par), 4.15%
dividend series, and
cash, on the basis of one share of new preferred stock and $5 in cash
per share
it
loss
adopt
to
to
conditions
p.
have
the
and
-
Prov.
by amendment.
railway——
Commission
1523.
p.
will
company,
Due
that
Quantities
and
small
loads
has absolved
Court
stated
Adm., sell, &: gen. exps,
Alrey, Wflliam E. Bandelhef, Kathleen M. Conklin, Thomas M.
A. Neil Gustine, * Pahl C. Kimball and L. S. Neuman have
General
kwh,
Local
be minimized to a large extent by losses
deductible in the determination of Federal taxes.
expenses
Mr. .Lerch
Holdings in Gleaner
Harvester Corp.—See Gleaner Harvester Corp., below.—
at
Mr.
222,600,000
22.7%.
erty and damage claims would
47-page opinion
a
.
Commercial
%
;
reorganization under the bankruptcy laws.—V. 160, p.
John
of
sinking
1
Fake
been1 elected-directors.
decrease
,-'.JF, H. Lerch Jr., President, in commenting cn the catastrophe which
on
Oct. 20 destroyed the liquid gas storage plant of The East Ohio
Gas, Co.. a subsidiary, said that investigation was well under way but
that it would take a long time to determine all of the tacts and 10
assess
the damages.
He pointed out that (he company's subsidiary
was practically a self-insurer,
and that the effect of the loss of.prop¬
Co.—Registers Preferred and Common-
railway—
from
—V.
Central Specialty Co^, Ypsilantij Mich.—DirectorateDunlap,
with
compared
a
Consolidated Natural Gas Co.—Storage Plant of Sub¬
Int.
six. months from
1943,
.
sidiary Destroyed By Fire—
\
20,000 shares reserved for'issuance
oper.
ry.
Net'ry.
accrued
fund
with
the
of
excess
from
Gross
Central RR. Co. of New Jersey—Time Extended—
..
to 172,100,000 kwh.,
of,
From Jan. 1—
101% Mi
1952,
July Ml,
100%.! together
in
not
1732.
p.
;■
directors to succeed the late
late Frederick E. Williamson arid William
September—
Gross
1960,
purchase at
price.—V;
Inc.—Output—
25 announced that system output of -electricity
purchased) for the week ended Oct.- 22,
electricity amounted to 168,300,000 kwh.,. compared with
206,400,000 kwh. for the corresponding week of last year, a decrease
of
18.5%.—V. 160, p.
1733.
;
Incorporated),
Co.
Higginson Corp, is the principal underwriter. The public offering
Net from
100% M ; thereafter to and incl.
thereafter to and incl. July 31, 1964, 100%%;
100%%;
to
redemption
July 31,
1078.
p.
and
corresponding week of
excess
31, 1954. 101%% ; thereafter to and inch
thereafter tp and in cl* July 31, 1958, 101% ;
i
incl.
and
Oct.
on
generated
amounting
the
tribution
Prov.
common
and
warrants.
July
101 ft M
1956,
31,
thereafter
company
1944,
Colorado & Wyoming Ry.- -Earnings-
1,
incl.
the
&
Morgan
P.
428.
p.
Dar)
Lee
fund.
and
J.,
been
the
p.
found
price will be filed
issued or equal to the net income of
Central Pacific for
preceding year, whichever is smaller; payments made in moneys
applied by the trustee toward the redemption of series A bonds
thereafter to
-
,
& St. Louis Ry.—Three
any improper use of resources and facilities of
Co., Ltd., for the former's organizational development.
also
court
publicly
be
at
:
:
from
company
160,
the
theretofore
the
:
company has registered with the SEC 20,000 shares of $2.75 cumu¬
preferred stock (par $47.50), with warrants attached to pur¬
chase 20,000 shares of $5 par value common stock, and 160,000 shares
1974, together with accrued interest.
Central Pacific will pay on or before Aug. 1
each year, beginning Aug. 1, 1950, a sum, in moneys, or in series
bonds, at their principal amount, equal to 1 '7 of seri.se A bonds
As
trustee, 45 Beaver St., New York. N. Y,—V. 160,
lative
be executed by
weeks'
six
4,575,306'
•
"
of
of
have
Division
Collins Radio
mortgage
new
1944,- to
1,
Payment
Series A
being offered in exchange, are to be.
of Central Pacific to be dated as
Central Pocific to First National
Bank, New York, as trustee. Bonds of series A will be dated Aug. 1,
1944, mature 011 Aug. 1, 1974, and will be guaranteed as to payment
of both principal and interest by Southern Pacific Co. by endorsement
on
each bond.
They will bear interest at the rate of 4.%.% per
annum
from- Aug.
1, 1944 to Aug. 1, 1949, and thereafter at the
rate of 3%%
per
annum,
payable on Feb. 1 and Aug. 1 of each
year in New York City.
They will be redeemable in whole, or in part
in amounts not less than
$5,000,000, after Aug. 1, 1949, upon not
under
Issued
3,^08,807
that there was no proof
that American Metal
"retrained from engaging
in the business of
steel alloys, including Molybdenum, to aid Climax."
The action before
the court was a stockholder's derivative action instituted
on behalf,
of
American Metal
and a consolidation of two actions brought by
stockholders owning 165 out of more than 1,200,000 common shares.—
The
Bonds
(President
Appellate
The
serialy equipment
bub exclusive of changes in
foregoing
including the
"25%.
4,633,978
(President
Vanderbilt,
American Metal
obligations,
.
3,723,917
The
pelled
of
have been
interest;
(electricity
sales
1944
1,
Dec.
on
'9,615,161'
Climax Molybdenum Co.—Absolved by Court—;
1, 1944 redeemed the Through Short Line bonds
there were $9,640,000 in the hands of the
called for
12,920,170
495,680
16,596,543
7,033,800
asked
Chicago
Schaaf.—V.
F.
principal amount, of S. P.-C. P. stock collateral bonds in
the public.
The total debt reduction since early 1940,
hands
the
11,538,920
Elected—
Whitney
McKee
L.
10-year 3(4% Sinking fund debentures due
called for redemption as of Nov. 27. 1944. at
will be made at the Manufacturers
outstanding
1953,
1,
and
issue
Pacific has
Southern
public.
$16,303,000,
21,966,699
Gas Co.—Proposed Pipe Line—
has
company
George
exchange offer is in harmony with the program involving debt
and reduced fixed charges-upon which Southern Pacific has.
1946, and on Oct.
488,094
27,177,756
.
Pacific
at
763,186
permission of the Federal Power Commis¬
sion to construct an additional pipe line in the Hugoton gas field area
to transfer 170,000,000 cubic feet of gas daily into Kansas City (Mo.)
for industrial use.—V. 160, p. 1077.
•
M
actively engaged in recent years. On Jan. 1, 1944, the Southern
redeemed the balance
($29,009,000) of-its 3%%
bonds duo
been
$1,855,559
for
Service
Cities
be
the
of
160, p. 1523.
This
1949 ex¬
All
1941
1942
1,387,018
362,208
income—
oper.
Dillon & Co.
man,
July
was
Consolidated Edison Co. of New York,
$2,774,668
.
reduction
in
1943
,
debentures
due July 1, 1953,
That issue
marketed in July, 1943; in the amount of
$7,000,000 by a group of underwriters headed by East¬
originally
Ry—Earnings
1,332,110
v
July 1, 1953. Proceeds of this financing will be used
approximately the same amount of 3%%
redeem
to
103%
and
Trust Co.,
$2,962,181
Cleveland Cincinnati Chicago
be deposited under the new mortgage and, in addition,
pledged initially $8,119,500, principal amount, of such
bonds, most of which were acquired recently by the issuer.
Kuhn, Loeb & Co. is heading a nation-wide group of banks and
brokers for the solicitation of exchanges.
The
Pac.
!„
'.
t
28,749,862
income—
oper.
.
Texas
&
,1944
.
from
Net ry.
—V.
refunding
will
will
there
ry.
...
$3,013,326
1,111,671
376,065
.
railway—.—.
railway-—.
Net from railway—
held within Southern Pacific
lien on the properties now securing-the first
bonds due Aug: 1, 1949., All bonds due Aug. 1,
Oct. 31
on
From Jan. 1—
Gross
1, ,1944, to Ang: 1,
1949,: and .thereafter at 3% '/<>', to'
The new bonds - will be secured by a direct :lien on . 376
not
presently mortgaged, a
collateral lien on 473
miles of road through pledge of securities
changed
from
f
System, and a
Orleans
New
September—'
;
from railway—
road
of
160,''p. 1523,.
Gross
the first
to
exceeding 4%,—V.
Net
$50,000,000, principal amount, of
bonds submitted tor exchange, and will terminate when such amount,
has
been
offered for exchange, or on Nov, 15, 1944,
whichever is
earlier
Unless the company shall dtermine
to keep the offer open
thereafter.
The offer will be declared operative toy the company if
$50,000,000, principal amount, of bonds is offered for exchange, but
may be declared operative if a lesser amount is so offered.
The new bonds will bear interest at the. rate, of A'A.%>
per annum,
limited
is
offer
The
ask the U. S: District Court in Chicago
permission to pay off $13,718,700 of collateral loans to the Recon¬
struction Finance Corp. and pay the accumulated interest at a rate
Cincinnati
1974. '
1,
Aug.
and
sinking fund
Off RFC Loans—
company will
Monday, October 30, 1944
for
Southern Pacific Co., Is offering to the
holders of its outstanding $88,211,000 first refunding
mortgage 4
gold bonds due Aug. 1, 1949, the right to exchange such bonds, for
its
newly created first and refunding bonds, series A, to mature
'
_
Chicago Rock Island & Pacific Ry.—Asks Court Per¬
subsidiary of
a
■
mission to Pay
Ry.—Exchange Offer-
Central Pacific
are
1028.
P-
.
company,
which
sale,
expected to enter competition- at the
take place at noon in Chicago.—V. 160,
banking' groups
is scheduled to
investment,
,
$2,000,000
of general mortgage 3%'l
bonds, clue 19G2, at 104' and interest.
Pay¬
ment will ba made at the Marine Midland Trust Co. of New York,
trustee, or at the office of J.*P. Morgan & Co. Incorporated, New York.
This $2,000,000 of bonds, is part of thq remaining total of $45,000.m
000 of this issue and brings the total amount of funded debt Redeemed
by Niagara Hudson System companies, since January, 1944, to over
$22,000,GOO of which amount Central New York Power Corp. has re¬
deemed $7,356,000.—V. 160, p. 162$.
There-have been called for redemption as of Dec. 30, next,
FINANCIAL CHRONICLE
LaCroix
F.
as
of
the
Placed
Privately—
corporation has placed privately through Eastman,
serial notes maturing each
Dillon & Co. $6,500,000 21/4%
May 1 and Nov. 1, 1945 to 1952, inclusive; May 1, 1953,
Mr.
Copperweld Steel Co.—Earnings9 Mos. Ended
Net
income
Common
1944
Sept. 30-
^Earnings
per
1943
ft$663.547
share
514.864
$0.69
$1.15
outstanding
t $692.624
514.864
-
shares
JEarnings per share—,—
Corp.—Notes
succeeds
company,
Treasurer.—V. 160, p. 1078.
$1.20
$0.95
provision for Federal and State income taxes of $130,277
and'including $239,531 excess profits tax recoverable from 1942 be¬
cause of carry-back of unused excess profits tax credit,
tAfter provi¬
■.••After
sion
for
Federal
and
State
income
taxes
of $249,491
and
including
t>-f4
*
Number
Volume
160
$127,698
profits
carry-bapk.
V.
' •'
"
p.' 533.'
160;
"
Dividend-Basis—
*.
directors-have
The
.share
Crescent Public Service
Co.—Proposed Dissolution—
trans¬
To
2^1
a
•
dividend
stock
T to holders of
payable Nov.
the
on
income
Coal
A
Gross
*
for Fed,,-tax.
Pro v,
1944—9 Mos.—1943
Net
•
•
t
(2)
fix.
before
1,302,000
2,627,513
(a)
tion
229,516
255,764
(b)
(c)
$465,000
1,039,103
987,331
2,969,270
3,037,731
outstanding non-callable
1,042,500
1,310,063
3,245,836
$2,474,992
$3,461,389
.
railroad
of
fense
.
$8,774,157
Power, Co.
687,128
669,773
2,029,745
1,690,933
118,108
51,198
352,453
789,952
>
four .colors
an
surplus.
capital
(cV Empire Southern Service .Co.
those
/
.
V.-
•
the
is
of
title
Total
mail.
direct
:
General
booklet
distribution
of
.
.
;
..
:
.
Federal
normal
Federal
excess
tax
Fed.
'1944
1943
"Interest
will
58,200
200,710
_
is te be credited by Empire Southern to its capital surplus.
completion of its recapitalization. Empire Southern proposes to
restate <t« ole"t ft count on the basis of estimated original cost
Such
restatement will involve a reduction of the plant account by $178,064
-V.
Upon
resulting
deficit
of Crescent's
bonds arc t.n po permitted
irmn'>-e
Ho'devs cf
discharge
and
Satisfaction
income bonds.
the election of receiv¬
each $1,009 irmomc bond held, either: ;• .
(a) $1,0^0 in cash (the redemption price), plus,
the date fixed for redemption, or
ing.
(b)
■'
Detaiis
Central. Ohio r,__i
Colorado
14
'
Co.—Renegotiation-—_
j '
Co., Inc.—Receives Large
Order for
.
4
the
to
distribution
holders
of
"
the-;prior right to subscribe-tb and purchase, .on, a pro gata
common stocks of subsidiaries which are not taken by the
income bonds.
:
" '
'
\
' V
basis, such
At
holders of
proposed that common stocks of subsidiaries which ore
to security .holders of Crescent and which are not
bv holders of;Crescent- common" stock,will
be underwritten; and sold to the public and. the proceeds pf such sale
used for retirement of income bonds owned by holders electing to re¬
cash
a
Crescent "-further
proposes
into
com-urnmotion
The
to convert all its a°s^ts '•pipain'ne pfter
cash and pay. a final liquidating dividend,
is shhiect. to-all "ecessorv
Plan
of the
Crescent
with
respect to
Crescent
en.
further
order
ficient
the
Net
A
V.
p.
on
on
directors
the
common
record
Dec;
6.
the
the
matters
Net
Net
is
to
on
stock.
A
18
Par
similar
a
dividend
cents
record
per
wag-also
declared
the
160.
p.
1629.
■
■
1943.
quarterly
provides transportation service to 71 cities and towns
part of Massachusetts in an area extending ab">ut 40
and 45 miles south of Boston. Although- no local t:'ons-•
industries
time of its
the
derived
revenue
principal
street
organization
1919 the company operated elec¬
more
than 900 miles.. Between
in
covering
routes
on
cars
to bus pperetion
linos/stilt operated. This
reauired substantial.,
capital expenditures for new equipment and facilities,, and at the'
same
time large write-offs of electric street railway equipment and
the system .was completely converted
1937
exception of 19. miles of street
electric
from
Underwriting-—The
S.
lines
car
to buses
..
,
of
names
the
underwriters
follows:
■
.
Paine.
Moseley & Co.____ $950,000
&
..
.
and
•
...
the. respective
severally -underwritten by
mortgage bonds
amounts, of new
as
car
useful.
longer
no
street
p.
2414,
...
,
.
to
15
"
$196,900
$228,500"
Jackson
Curtis
950,000
;
695,000
950.000
Arthur Perry- & Co.. Inc.
-400.000
Coffin & Burr. Inc.L_-j.__'
650,000
Tucker, Anthony-& Co._„
400,000
Estabrook & Co.—
625,000
Whiting, Weeks & Stubbs
400,000
'-••
'Assets-'-
1941
1942
21,802
52,134
18,667
13,106
.
$129,389
no,968
9,395
June .30, '44 Dec. 31, '43
''
$12, 672,558
Property, plant and equipment—
deposited under, mtge. indenture!.
$12,537,695
53.938
.Securities
603,563
767,095
:514,943
802,879
520.007
physical prop., inch leased lines-—
Miscel.
1,303,910
,
1,750,000
>'588,197
1,965,900
1,569,100
1.230,711
708,541.
538,325
404,685
274.641
246,632
186,418
160.
p.
34,784
•103,714
750.000
931.152
——A,/
57.506
59.100
294.203
284.534
Cash held
for
Accounts receivable
Materials
and
:
supplies—
and rents
dividends,
Interest,
Post-war
1399.
have
directors
partial payment of Federal taxes
Deposits for interest, divs,, etc._—.1—_L—rr_
income___
Fed.
of
refund
exc.
5.678
receivable—
prof, taxes
7,522
77.500
77.500
(est.)
'
Working and miscellaneous funds—
Insurance nremiums paid in advance__/.__—__
declared
a
dividend
of
59
cents
O'her
per
share
on
'
343.799
•
12,861
85,864
98.611
135,523
6,565,357
;
'
assets
TOther
stock, payable Nov. 25 to. holders of record Nov, 15.
A
paid on July 14, this vear,
Payments duriPT lan
follows:
July 15, 50 cents, and Nov. 29, 75 cents.—V. 158,
14,508
,565,357
debits
unad^sted
as
—
was
769.
Capital
Massachusetts
Street
Ry.—Bonds
$24,951,909 $24,814,446
Liabilities-
debt.
Accounts, and
of $5,950,000 general mortgage .4% bonds
due 1962, priced at 10216 and accrued interest , was made
Oct. 21 by an underwriting group headed by F. S. Mose¬
ley & Co.; The First Boston Corp., and Kidder, Peabody & Co., and including Coffin & Burr, Inc.;. Esta¬
brook & Co.: Paine. Webber, Jackson & Curtis; Tucker,
$17,861,170 $17,881,371
6,786.200
5,981.000
stock
Funded
Offered—
Public offering
.
Sheet
Comparative Balance
$160,300
40,067
-
.
\
-Earnings-
1943
/
■*.
cents,/per
payable Nov.
value,
par
Pacific Ry.
-
vl
ot IZV2
-
./•'.'
'
.
V/ebber,
common
Eastern
wages
Matured funded debt
and
Acrued
taxes
Miscel.
operating
Accrued
Other
300,861
dividends unpaid-
int.
Matured
pavable
unpaid
;__
interest
reserves—
depreciation
unadiusted
Capital
15.912
3,784.715
3 995.55.9
1,293,529
1 020.17,2
7,887.376
5,154
7,515,269
,
5,154
5,076,225
deficit
& Co., Inc., and Whiting,
offering has been approved by
572.285
794.331
5.075,962
18,169,272
surplus
Earned
credits
289,302
196.791
18,323,241
Anthony & Co.; Arthur Perry
&
Weeks
5
dividend of . 433)
payable Nov. 15 to holders of
regular
share on the preferred stock,
Nov. 6.—V.
of
$1
.1,944..
railway---—_
like-amount,
p.
1944.—
cents nev share
25
cents, payable:Dec... 15 to holders of
distribution
was. made- on
this issue on
declared
"
,
oper.'incomeLLL' '
ry.
were
Co.—To Pay Dividend of 5 Cents—
Oct,
effected by Chapter
the
that
provides
Act
Kidder, Peabody & Co. J
railway—-2,476,900;.
from
The
'
Aprjl. 25, last, and. on April 26 and Dec. 15,
There
5,
oper.
from
the
.
Internal Rev¬
;
comoanv
network of industrial
a
them, are
Dwight Mfg. Co.—50-Cent Distribution—
.
be held Nov.
,
.
railway_
^Loss—V.
ap"i'6valR
chonld onprnvc
shall contain recitals suf•
proposed
ry.
Gross
Commission
-.
1629.
Crown Drug1
The
.'
,
hearing
160,
if
orders, of annroual
or
-
the
yeary periods, the latest of which,
1943, extends to Jan. 15, 1949.
gross
the
the
F.
From Jan. 1—
the
from
requirements of Supplement R of the
C"do.
enue
that
request's
t-hft'pTfn. such
to meet
exemntion
from
.
railway——
Grivss. from
Net
;
of
.159,
3.—V
Dululh Winnipeg &
provicio"i' of Rule U-50
the issuance and sale of any stocks under the plan..
reoticUs
stock
common
new
record-Nov.
September-1-
cnorcv°I bv a United States
M
»ud
of
holders
Coorf hcing
Jurisdiction with respect thereto, and unon such annrovnh havirur been,
obtair>od
th-» plan and <mch of the "tons, terms end provisions thereof
is to be binding upon all security holders of, Crescent.
»this Cnmmi-pion
the
share.on
stock and thereupon, will dissolve.
Rpgi-tered certificates.of -interest are; to,.he issued 4n,lieu of .issuing.,
stock in amounts! of less than full shares of the common stocks of
Central Ohio, jDolorado.'Cent ral ancl Empire Southern proposed to be
distributed.
It is proposed that such certificates of interest which agr
grpo-ate one or more, whole shares may be exchanged within a period
of three years f<>h shares of-common stock of such subsidiaries repre-•
sen ted
tburebv. including accumulated dividends.
Such shares of enmrnon
stock ss «re not-delivered in exchange for Certificates of interest T
on
or before the expivntion date
are proposed to be sold and the .net
proceeds thereof, together with anv dividends applicable to such shares
of common ctork. a)'° to he distributed pro rata among (he record-hold¬
ers
of certiUoates of interest as of the date of expiration.
by
of
lines
160, p. 1293.
dividend
declared.an ,initial
The, directors .haye
to the holders cf its common
if any.
north
principal
(The) Draekett Co., Cincinnati—Initial Dividend—
payment: therefor.-
the-above-distribution
of
The First Boston Corp.i./
distributed
subscribed to end purchased
ceive
and
property
control
Acts of
and
•
further
is
It
not
mortgage bonds
interest requirements on the new
Business—Company was incorporated Jan. 15. IP19. in
pursuant to the terms of'Chapter 188 of the Special
to acquire substantially
rahway
conversion
,,
Beach, Cal., plant of the Douglas company.—-V.
———
$552,184
$747,565
.
stock.
with
•
power priorities, most of the engineering has been completed and the
basic airplane of this , size is actually under-construction at the Long
.
$965,390
eastern
1929
can
other
the
$552,184
'
from bus, operations. The area served
and residential cities and towns, of
or products are cotton, goods', woolen
and worsted goods, shoes, foundries, machine shops, electric equipment,
paper mills, printing; and publishing,
shipping and fisheries.
'k
tric
in its great; Lstirt American expansion-program and possibly in
long-distance.services.^
'
Although dates of delivery to Pan American will depend upon prog¬
ress
of the war
and government -decisions on production and man¬
-
distribution "of common stocks of subsidiaries to,
holders'of Cresceht common Stock, as Outlined, holders are to be given
to
.
$238,000.
present
which
.
addition
.
and any General Acts applicable,
and
contains
■
in
.
Crl20,000
$892,751
annual
five
the
95
•
-.
'
2r(. /J00
.
portation. is furnished in Boston a number of company's lines radiate
from terminals within that city.
Company operates 653 miles of. bus
routes .and
19 miles of electric street car liims, with approximately
.
Airways, 'have
.
Empire,-.Southern'-«-
$772,751
ami
the
miles
air transport project' in which. Douglas
stock
common
$1,022, .565
c—
.405,000
598,873
1,001,727
$965,390
•
re¬
________
to
Company
■
•
•
______
30.3,900
2.546,100
290,712
surplus
the
of
in
'r
/'
working in ' co-operation with those of Pan Amerideveloped an advanced type of giant sub¬
stratosphere clippers were-revealed on Oct. 24 by Donald W. Douglas,
President of the Douglas-company-.
The project calls for the delivery
■to Pan American
of a fleet of 26 four-engined Clippers, designated
can' World
2,249,288
public trustee", now three in
number, shell from time to time so far as practicable fix such rates
and fares as in their judgment will produce sufficient income to meet
the co-t, of, the service, which shall include, proper maintenance and
all
other
operating expenses,
depreciation .taxes, rentals,' Interest,
•stated
dividends on
the preferred stocks,
and 5f/i> 011 the common
as DC-7s,
of
at a cost of $40,000,000.
■ >.»
•♦.
'
" -,"r
' n i
Carrying 108 passengers, and a crew of 13 and capable of speeds of
'• moxx; than 300 miles fair hour-these $1,500,000 giant Clippers will make
Holders, of ...common stock of Crescent a re to receive, for each »100
possible Pan American's program of mass transportation, bringing
shares owned, common stocks of subsidiaries, as shown in the.follow-;"
;swift, ecnomical travel within the reach of the average man.
Spacious
ing'tabulation::'
•./ :
;• •
;-i.
■■■ '■■■
,r :
: •• No. of Shares , pressurized cabins ,in/these huge new Clippers will provide for com¬
fortable, tr.avel .at an. altitude of. 20,000 .feet..
-.
,
.• V
•
Central .Ohlb
15
! .The huge new planes, it was revealed, would be used bv Pan AmeriColorado Central
8».-
(4)
.Proposed
.Crescent,"-
of
The
been
great post-war
a
tax
tax
profits
■
1918.
c^ssi'-e
■'
-
Aircraft engineers,
1 ..
No. of Shares :
....27
:
.
Central
Empire Southern
of
$957,184
initial
,capital
.
v..:
/
A
Post-War Delivery—
accrued interest to
stocks of subsidiaries, as follows: -
common
■
$8,428,635
CV90.433
■_
Aircraft
Douglas
for
$2,623 165
franchises of the Bay State Street
The Act, provided in part for the.manby five trustees appointed. by
the Govcrnrr.
The initial term of public control was a period of ten
years,
but; this has been renewed with some cjiangcs .for four suc-
completed-renegotiations, of 1943 prices and its
accepted
without necessity of a refund,
the
has announced.:—V. 159, p. 840.
have
___
$3,815,390
post-war
•agement
has
company
company
surplus,.
capital
(3)
The
earnings
9,694
$3,312,751.
amount
93
Detroit Steel Products
.
surplus of $52,531 and
in the earned surplus is
431,916
7,272
Railway then in receivership.
4,883,190
;
-.
replacements and retirements
$125,533. respectively.
The
to be written off against
charges to-.the reserve for renewals,
4„762,270
construction—
1734.
160, p.
372,300
5,(55
income.
A«-ts of
$13,563,036 $13,221,393
_
to
334,469
5,036
Massachusetts
$13,362,326 $13,163,192
operations'..
utility
income....
Net incrme
$187,000.
and. to the earned
charged
327,218
income
fAf
The
2,910,000
10,860,000
$8,800,766
funded
on
debt
funded
Balance,
58,669,988
3,546,000
11,337,000
_____
income__'_:_____2_____,__;
and unfunded debt
corporate
Interest
$1,398,795
excess
all
Gross
J
'
$3,002,739
adjustments
$93,996,718 $85,603,181
lax...
from
income
miscellaneous
641,134
$4,153,015
other. chgs._
History
Balance,
Other
642,782
earnings
Federal
Pro".
65,751,392
surtax——
and
profits
724,550
-
.
,
——.
Operating, maintenance charges, etc
..•"
775,075
en
&
Net
Subs.)- -Earnings—
(&
utility operations..
earnings from
814,965
1
RR°.235
1,076,108
1,".754 ' 1,092.867
\ 872,960:
1,183,717
1,398,199
.
1941
$8,097,578
4.099,303
$3,645,006
Interest
.
and
T"
taxes
Balance
travelers, especially
institutional in its
the company, picturing the
work, and briefly outlining
Ending Sept. 30—
12 Mos.
Gross
1942
1943
$13,721,150 $13,783,192 $11,250,000
7,087,904
6,794,911
5,327.894-
in
its
on
——Calendar Years
June 30.'44
revenues
Net
Detroit Edison Co.
.
6,231,906
...
20-year-history
the
2,117,300
6,461,315
i
12 Mos. End.
-
Maintenance
be
of service
to wartime air
for the first time, the booklet is
to
tracing-
3.049,928
par)
par)
Operations
'
.
20-page
a
for
corporation
this
territory it. serves,- describing its -war
Delta's post-war plans—V, 160, p. 221.
to
proposes
Skies"
by
issued
for
and
flying
.theme,
surrender to Empire Southern for cancellation
the la tier's 6V
promissory note, on whmh the unpaid balance of the
principal as of Sept. 30, 1944. was $375,000.
The unpaid princioal
amount thereof is to be, credited by Empire Southern to its capital
surplus.
' ''-• "
/
/ '
;
Empire Southern proposes to issue 13,000 shares of common stock
($l-par) in exchange for the 1,000 shares of common stock (no par>
pnw A'^wtandint and
held bv-Crescent,
The excess of the stated value
($200,000) of the outstanding common stock over the aggregate par
value ($12.C00) of the common shares to be issued, or an amount of
Crescent
($100
1
$4,558,491
$4,565,992
taxes.—V. 160, p. 429.
fbr excess profits
just
Designed
i
•
stock
Rentals
airliners
value
par
$1,950,466
$1,010,748
——
Southern
to
"Welcome
7
.
($44,000) of the common shares to be is-ued, or
"amount of $256,0C0, is to be credited by Colorado Central to its
aggregate
($100
Depreciation.
>
.
cumulative
2,182,493
2,009,599
Corp., Atlanta, Ga.—Booklet—
Air
Delta
$5,950,000
($100' par)__
5^
stock.
Period-
provision
cumulative
Summary of Earnings for Slated Periods
659.008
income,—
6%
342,240
Adjustment
Common
charges
Net
to- Present Financing
Effect
Giving
Outstanding
B.
deple.
&
deprec.
stock
Preferred
projects—5-yr.
property
Other
on
mortgage bonds, 4'f, due March 1, 1962____—
preferred-stock,• series A, 6% cumulative ($100 par)
First
Dcprec. on railroad fix.
to
proposes
dates
$289,020
the last
deposit with the trustee the sum of
interest in full to Jail. 1, 1948, from
said series C, D and E bonds.- "
also
accrued
coupon
General
de¬
basis
"No
issue 44.000 shares of common stock
($1, par) to Crescent in exchange for the 10,000 shares of common
stock (in nar) outstanding and owned bv Crescent.
The excess, of the
stated value
($300,000) of the outstanding common stock over the
Central
preferred
will
,3,946,306
$8,957,789
charges
prior
bonds:
6(1 -series C due Jan. 1, 1948;
series D due Jan. 1, 1948; .
refunding
mortgage
67t" series
E due
1948.
representing
'
per
Central
(b). Colorado
Colorado
payment, or the purchase at or
Jan..l.
$4,771,,452 $12,203,625 $12,720,463
$3,517,492
Co..
mortgage in cash to provide
before maturity, of the follow¬
$432,900 refunding mortgage 6'/<>
the
Capitalization
are
share.
It is further proposed that Central Ohio will issue 84,000 shares of
common stock ($1
par) to Crescent in exchange for the 20,000 shares
of common stock (no par)
which Crescent owns.
The excess of the
stated value ($1,000,COO) of the outstanding common stock over the
aggregate par value ($84,600) of the common shares to be issued, or an
amount of $915,400, is proposed to be credited to capital surplus.
price of $110
the outstanding
1948,
103
at
$513,000 refunding mortgage
110,200
-
chgs,,
■
Amort,
to.be offered for sale to the
public and the proceeds, together with other funds., are to be used
to redeem the unexchanged shares of $6 preferred stock at the redemp¬
exchange
1945,
refunding
company's
for
;
Balance
(presently estimated'at $10) equal to the excess of.
price of the $6 preferred stock ($110 per share) over
to the public of such shares of the ,4Vfe (fr preferred r
not be exchanged,
Shares of the 4Va'/r, preferred stock
in
the
under
trustee
taxes
;Ct6.
•
Fixed
redemption
issued
1.
Jan.
cn
43,190,929
the <offcring price
not
redeem
refunding mortgage bonds 4isir,'o series A due Jan. 1,
accrued interest to the date of redemption.
$1,415,900 to be deposited with the Old Colony Trust
Company
.
are
with such additional cash from
be required, will be used for the
may
as
-1,026,073
66,627
taxes
income __L—,
on
•
which
funds
ing
income
other than
Taxes,
will cancel such shares and credit the stated value thereof
(approximately $192,480) to its capital surplus account.
In addition, ,
Cresceni proposes to make a cash payment to Central Ohio of $300,000
as contribution
to its capital surplus.
.
It is further proposed that thereafter Central Ohio will refinance
its remaining 11,972 shares of $6 preferred stock through the issuance
of
a
like number' of shares of
4'A'f
preferred stock (par $100).
Holders of the $0 preferred stock are to be-offered, in exchange for
each of such shares held, one share of 4'/a ^
preferred stock plus, a "
may
general
48,950,865
on
4.___' -IKS,000
income
pany
as
through March
1,
15,101,044
________—16,296,844
Canadian
,
1944, Cential Ohio had outstanding 13,972 shares of
stock, of which 2,000 shares were owned by Crescent.
proposed that Crescent will contribute the 2,000 shares 'of Central
Ohio's $6 preferred stock which it owns to Central Ohio,' which com-,
stock
to retire the following prin¬
Sept. l, 1945: $250,000 on
$4,535,000
$21,133,294 $22,047,872 $65,655,276 $61,832,400
___
Expenses
July 31.
payment
on
1955;
together
proceeds,
Purpose—Net
subsidiaries)
1944—3 Mos._J.943
Period End. Sept. 30—-
■
preferred
the
March
on
following purposes:
(1)
$4,671,050 to
It is
cash
$250,000
1952, and on March 1 in each year
and $400,000 on March 1, 1956, and
,on March
1 in each year thereafter through March 1, 1961, leaving
$400,000 for the maturity, March 1, 1962.
$350,000
1951;
1,
record Oct. 15.
and
Co.
annual sinking fund
bonds:
of
1946 and on March 1 in each Vear thereafter
1,
together with
;.
subsidiaries of Crescent..
Central Ohio Light & Power Co.
amounts
thereafter through March 1,
par
no
(& Subs.)—Earnings—
Hudson
of
.
March
Sinking Fund—An
cipal
Corp-.—2% Stock Distribution—
Hudson Co.
&
(Includes
be'dissolved','"*
Utilities is to
Recapitalization of the remaining
(a)
of
■
at
company's
reduction of the principal of the
Utilities owed to Crescent and held
(2)
As
and
/.
in
after Oklahoma
$6
;
;
^
declared
stock,
common
Delaware
liquidation are
trustee for the
T'/o demand note
of Oklahoma
by the trustee as
collateral for such income, bonds.
It is estimated that 'the total of
such payments to the trustee will be approximately $330,000.
There¬
bonds,
income
'
.
have
directors
value
29. 1944, and the further proceeds of its final
deposited with the City Bank Farmers Trust Co.,
be
to
"
'
'like.amount was disbursed! on Jan; 29, April 29 and Aug. 1, this year,
and on June 22 and Oct, 11, 1943.—V, 160, p. 7.
proposed: ;
of Oklahoma Utilities Co.
The
proceeds of the, sale of the remaining assets of Oklahoma
Utilities, which sale was approved by the Commission by order dated
Sept.
.
-
compared with 60 cents on July 15, 1942.—V. 160,
Deerfield Packing
The
)
'
out this plan the following steps are
Liquidation
-
$i-per share each "Were made on June 23. last,
as
through
IOC'*'
March
stock (par $1),
carry
(1)
annum.--
per
1943,
June 24,
1629.'
p.
proposes
of common
of $1
Distributions of
on
to .liquidate and dissolve after . having satisfied
and. discharged
its outstanding collateral
trust 6% income bonds,
series B. due Oct. 1, 1954 ("income bonds") and distributed -its; then,
remaining assets to its, common stockholders.
As of July 31, 1944,
Crescent had outstanding $2,802,000 of income bonds and 60,000 shares
Crescent
on
record
of
.at the-rate
and its
application has been liled with the SEC by the company
subsidiaries and
affiliates seeking approval, of the following
actions!
'
'
'
'
An
a
106',)
to
quarterly dividend of 25 cents per
the capital stock, no par value, payable Nov, 20 to holders
Nov. 3.
This places the stock on a regular dividend basis
declared
30
upon
at
"
-
days' notice at general redemption prices commencing
Sept. 1. 1945, and their reducing by gradual steps
2. 1961, and at special, redemption prices applic¬
able only when
redemption is to be effected from sinking fund or
certain depreciation, eminent domain or other moneys, deposited with
the trustee, commencing at 102Va Ve
of the principal amount through
Sept.
1,
1945.
and then reducing by gradual steps to 100'r.
at
March 2. 1961, together in each case with accrued and unpaid interest
to the date of redemption.
time
On A $1 Annual
Davison Chemical Co.—Stock Placed
recoverable from 1941. JBefore : excess
SAfter- carry-back of excess profits tax.—,
tax
excess
profits- tax
1861
THE COMMERCIAL & FINANCIAL CHRONICLE
4329
rfh.-WJgJ J'j*^
-
Stubbs.,
the Interstate
The
Commerce Commission.
1962.
Old Colony Trust Co.,
bonds in denomination
principal and as fully registered bonds
in
the 'denominations
of $1,000 and authorized multiples.
Interest
payable March and Sept, 1.' Redeemable as a whole or in part at any
; (i
'
r;i ; » \ I .* .•
'
• •
.• /
{■!
I .,-•)>'
.
Dated
of
Sept.
1,
.Issuable
trustee.
$1,009
.
1944:
"due
March" 1.
in permanent form as coupon
registerable
as
to
$24,951,909 $24,814,446
Total
•
* Difference between the par value of securities issued, for tangible
property at date of organization and the value at which such property
was
carried, representing intangible rights.—V. 160, p. 1630.
,
East
See
Ohio
Gas Co.—Plant Destroyed—
Consolidated Natural Gas Co.,
above.—V, 159-
p- 1553.
•
1944-Month—1943
Period End. Aug. 31
Net
expenses
—A
earnings
$42,874
$38,597
payable
$202,832
$192,190
of
Dec.
made
1
dividends
,75 cents each.
not include income and excess profit
to low water conditions
necessity of using the steam plant,—V. ■ 160, p. 1183, ,
19
of
l,
15.
record Nov.
June
•
share in arrears as at Dec. 1, 1944," after
declared, amounts to $4.50,—V. 160, p. 625.
•••
•'
deducting
extra
dividend
of
of
eents
25
cents
75
the usual*quarterly
and
share
per
per
1.—V. 160, p. 1079.
of $1 on Dec.
one
" A
1
.
National
Light
&
Power
189,931
97,169
102,306
178,378
90,417
101,193
Co.
1,113
1.1
14,067
$12,974
Taxes
3,120
55,279
8,i65
■<
—,—
•
'
Net
El Paso Natural Gas Co.
(Del.) {& Subs.)—Earnings-
1944—Month—1943
Period End. Aug. 31—
163,464
139,389
1,227,147
1,889,280
5,113
882
109,516
$186,608
$203,092
$2,642,911
8,548
X>r2,547
10,083
$195,156
$200,545
$2,652,994
$2,747,454
33,428
31,532
393,361
432,635
A—A—~
$161,728
$169,013
$2,314,819
stk, div. require—
8,632
8,632
$2,259,634
103,579
Balance
80,444
$8,061,775
113,117
159,466
28,164
23,810
1,891,954
300,966
—
103,954
retire.
:Oepre.—prov. for
Taxes
10,842
23,23ft
$12,308
$224,349
$206,265
6,333
76,000
.
to provide facilities to
expanded
be
abnormal' demand or the -immediate post-war
period, all in proper relationship to what the longer-term possibilities
have been, estimated to be.
In our automobile operations new assembly
plants
contemplated to effect better distribution of cars with a
cost.
Aside from our motorcar interests we have
our Electro-Motive
are
resulting savings in
164
2,347
$146,001
for
not
,
added:
further
Sloan
Mr.
.
to reach, if not to exceed., that amount.
expenditures, as well as the additional working
capital required, will be provided cut of general corporate. resources,
representing in part existing depreciation reserves and other reserves
set. up
out of income for reconversion expense and in part profits
retained in the business."—V. 160, p. 1400.
"Expenditures
funds
The
3,727
$126,538
better facilities and
expansion. of other
expenditures will be needed to provide
our
employees, • as well as for an
directly related to production,"
services
facilities
likely
are
these
for.
76,000
70
.
Balance
.—
—
income
Other
income
Gross
^
Total income deductions
income
Net
Balance
is
■
•
1944—Month—1943
surtax
excess
160,
$91,006
15,446
$114,448
profits tax
45,808
tax &
inc.
Electric Power & Light
profits
shoes
$1,127,247
244,003
11,720,084
_a__2--'
—
2,043,317
5.085,311
Maintenance • __T.;—-
Federal taxes
—
4,445,876
The
45,497,504
11,625,407
5,105,056
20,940,587
6,177,949
26,472,395
257,500
Sales
30,537,349
A
''
and
Operating income
income (net)
.
—
6,177,949
184,716
5,825,930
261,603
to
580,400
for the fiscal year ended * June 30, . 1944,
compared with $15,696,698 in the previous
ended June 30, 1944, was $838,735,
with $676,342 a year earlier.
company
$19,190,997,
compares
6,08^,533
26,795,295
repdtts
company
against
2,861,098
12,857,728
13,937.567
18,311,420
Crl04,097
LA—
5,804,973
6,902,281
of
assets
net
.
Ended Sept. 80-
-
_r—
Drl35,923
79,985
81,829
interests
Power
equity
on
11,064,760
7,890,121
directly
1,873,118
2,854
4,023
8,165
1,877,141
7,896,805
5,482
13,745
JCr3,448
taxes-
Other
4,959
4,941.
37,916
19,567
281,115
179,747
771.381
474.684
Expenses
"Int.
than
___—.
Balance
inter¬
before
1,584,698
Balance
1,686,971
7,073,763
373,896
373,019
1,495,583
10,582,122
1,520,766
1,210,800
est, etc. deductions
& other deductions
1,313,952
5,578,180
9,061,356
—
income
35,000
:
Sept. 30,
Sheet,
surplus
of
visions
and
to
•^Transfers
deposit for scrip redemption and
$11,173,306.
70,600
5,543,180
Capital Corp.—Quarterly Report—
General
As
Sept.
of
per
,
share
241.047
1944.
cn
'
'
:
Income.
on
bonds
inc.
Gross
Only
$238,596
42,326
■
$678,813
$701,300
$2,891,102
$3,662,660
2,854
;
4,023
0,684
Adj. Fed. taxes pri.
income
Net
Total
income
$3,670,825
$2,897,786
13,745
4,941
37,916
19.567
281,115
—,—
—
179,747
771,381
Dividends
474,684
*
int.
Prov.
for Fed.
&
1,520,766
35,000
70,600
$544,161
$1,588,'656
■
credit
after
^
.
$10,267
adjustment
capital stock tax applicable to
—V. 160, p. 1294.
Storage
Electric
$202,134
of $20,823 overprovision for Federal
the seven months ended July 31, 1942.
Battery
Co.—Secondary Offering—
Oct, 25 made a secondary of¬
22,000 shares of common stock (no par) at
share. Dealer's discount $1 per share,—V. 160,
Smith, Barney & Co. on
fering
of
$44% per
982.
ceivable
R.
oreated
Radio & Phonograph
Corp.—Appointment—
appointed by this corporaticn to the newiyinspector, Dorman D. Israel, Vice-President in
Buckles has been
post
of
chief
engineering, announced on Oct. 26.
Mr.
War Department since the beginning of
."he war. first as supervisor in charge of the installation and mainte¬
nance of radar equipment and more recently as Held
engineer respon¬
sible for the design and development of radar equipment in the nlants
of manufacturers holding contracts.
Fcr nine years before the war he
was with the Consolidated Edison Co. of New York.—V.
160, p. 1735.
charge of production and
.Buckles has been with the
195,750
140,482
——
Corp.
facturers
as
-
United States,—V.
the
in
in
receivable
interest
160,
p.
1631.
deducting bank loens, were .$15,-,
compared with $14,004,340 at Dec. 31,
1943. « Net assets on Sept. 30. 1944,
.indicate,an:asset coverage of $141.69 per-share of preferred stock and
$1.75 per share of common stock after deducting $105 and dividends
accrued and in arrears for each share of preferred stock.
On Dec. 31.
1943, the asset coverages were $125.11 per share of preferred stock
and 81 cents pev share of common stock, respectively, while the net
assets on Sept. 30. 1943, were equivalent to $128.29 per share of pre¬
ferred stock and .92 cents per share of common stock, respectively.
Total bond holdings of the company on Sept. 30, 1944. represented
about 9H? of gross assets, while the preferred stock portfolio accounted
for 7.264?
and common stocks, for 76.4'/A
The company's investment
in
stock of The North American Co. continues to be its prinfioal
before
corporation,
of
Sept. 30,
on
1944,
as
and $14,642,523 on Sept.: 30,
Taken as a whole,
about 26(4
of gross assets: oil
6.1 '/A* chemical companies,
4,2%, and building equipment and renovation companies, 4.1%,
•
holding, representing about 18.7'i
stocks
of gross assets.
public
utility
common
6.IH ;
automobiles and accessories.
Income
-
were
for
"
•
112,237 "
100,498
9,543
108,723
29,344
115.064
7,109
A_.?
than
P.
;;.,A:'
In
A
Dollar
420,0C0
Mr.
"The
ponent
Sloan
Jr.,
$393,818
$418,258
$556,63(5
—A
(par $11
408,283
2.772
sale of invg3ts.
463,115
408,240
4,092
*1,475,712
stk.
Oorp.- -Half
Billion
Sheet, Sept. 30, 1941
$694,281;
Liabilities—Dividends payable, etc.,
cash,
against
$103,200;
$i5,29l'; 'due for securities loaned
due for securities purchased,
$15,720; reserves
(interest
taxes, etc., $9,554; bank loans due Dec. 30, 1945
for expenses,
$2,650,000; $6 cumulative convertible preferred stock
(optional stock dividend series), stated value $25 per share, $2,268,750;
common
stock- ($1. par), $1,602,433; surplus, $9,319,229; total, $15,2%: per annum),
160,
626,
p.
—
Nov. 13,
The company will dedicate a new plant at Waco, Texas, .on
it
is
reported.—V.
160, p,
626.
Georgia & Florida RR.—Operating Revenues—
'Jan. 1 to Oct. 14
Week End. Oct. 14
1914
Operating revenues —A".
—V.
160,
$34,800
$38,100
1943
1944
1943
1944
Period—
$1,881,580
$1,590,233
1736.
p.
Georgia Southern & Florida Ry.
■
.Net
Dollar
$519,388
$236,979
154,893
305,210
253,568
40.502
51,170
76,734
150,240
6,266
railway—^-
4,986,219
5.686.969
3,599,999
2.745.953
railway-
1,826,003
887,820
520,790
2,862,384
893,762
1,443,681
income—
646,374
440,166
railway—:
from
Net
Post-War
Oct. 26 outlined the broader
plans under its so-ca"ed "500
special message being sent to the more
Chairman,
income—-
From Jan. 1
from
ry.
—V.
oper,
160, p.
See
on
1941
$612,447
Net ry. oper.
Gross
1942
$483,704
railway——
from
from
-Earnings
1943
1944
«September-Gross
(L. II.)
in
a
stockholders.
—
1631.
Gilmer Co.—To. Be Acquired—
United States
Rubber Co.
below.—V. 151, p. 1433.
,
-
divides itself into certain com¬
■
•
production
other
Gleaner
Harvester Corp.—Registers
With SEC—
"
stated:
all
banks,
in
'
Net Assets as of Sept. 30,
ccrnorution's post-war program
and
'
...
.
*1,653,816
investments in U. S. Government
securities (at cost),
$365,007; investments in other, securities, $14,817,692; receivable for securities * sold, $36,053: dividends and interest
receivable,
$39,854;
special deposits for dividends
and contingent
■agreements to purchase and sell securities, etc., $31291; total. $13,984,178.
'
101.066
rearrangement in order to
production of motor-cars,
our peace-time order of
things.
Generally speaking, every plant must be stripped to the bare
structure and laid out along entirely different lines.
trucks
'
2,772
*572,426
corporation's post-war
"First.'expenditures
reorganize
• -
Cr6,750
408,299
2
(in' cash)_
Assets—Cash
not delivered, $1,618; dividends
investments, $6,721,603; total, $8,-
$31,976;
Program,"
parts,
(——A;
$433,260
com
on
■
stk.
pfd.
conv.
cum.
dividends
•;
Net
Sloan
the
*-.*
prior years'
for
income
Net
$6
1941"
$672,059
94.076
7,516
taxes
1656.
of
30
& interest—
exps.
Refund
Program Announced—
Alfred
Sept.
1942 .
$556,325
Taxes
realized cr unrealized, on securities.
A..;-
Motors
Ended
1943 4 a ;
$593,859
1944
securities sold,
receivable,
General
Months
$534,853
income
Gen.
$98,425
payable for securities purchased,, not received,
$42,556; accounts payable for stock of General .Capital Corp. . pur¬
chased. not received, $3,626: accounts payable—management fee and
other expenses, $16,913; dividend payable Oct. 11, 1944, $69,904; pro¬
vision for accrued Federal and State taxes, $17,817; net assets (repre¬
sented by 241,047 shares of stock, par value $1 per share), $8,310,017.—
p.
Nine
LAAA-
.
(demand
hank
for
Account
'
Total
Liabilities—Acc,cunts
159,
Electric
Shareholdings Corp.—Quarterly Report-
assets
-1943.
$119,888
21,463
$111,614
1
above.
460,832.
V.
Products
the General Electric Medical
18 by President Clough of General.
He
General
deposit), $1,652,925; accounts re¬
stock of General Capital Corp. sold, riot delivered, $52,710;
for
accounts
asupcts
Emerson
Products Co. To Be Export
General Tire & Rubber Co.—New Plant
Siatement of Assets,,Liabilities and
Million
A.
high, W. W. Trench, Sec¬
1943, the total'was 227,646,
said International General Electric Co. also was
participating in the new firm. ; It will be the export outlet for the
General Electric X-Ray as well as 35 other surgical equipment manu¬
X-Ray
984,178.—V.
$142,297
.is exclusive of gains cr losses,
and
.
*
income
"•Net
1,495,583
taxes on
income
Net
$2,074,744
373,019
373.8%
oth. deduc.
'.Total
$3,180,022
$575,153
$392,163
A—^
$1.06
'.-A
company,
new
a
Co.„ was announced on Oct,
6,549
32,760
$188,118
—
—
Assets—Cash
Balance
25,000,000
$30,710 499
new
.a
-
Formation of
Crl,661
yr.
Note—Net income
*3,448
5,482
4,959
—(
——
$765,323
3,430
—
taxes
Expenses
'
than
tax.—other
Fed;
Other
$681,667
—
Outlet—
8,165
——
a
On Sept. 24,
Electric Medical
General
A
233,828,
number
now
recently announced.
retary,
tax and
surtax
—r_.
income
normal
Federal
$119,883
5AAA-
$135,838
24,224
$131,607
9,814
Expenses and taxes—
1944—12 Mos.—1943
1941
,
$135,513
* 325
„„—/vA—-A
4,944
income
Other
from subs.—
consolidated
Other
Company
1944—3 Mos.—1943
1943
$179,124
2,482
7,536
—.
Total
Statement of
$169,710,499
114,000,000
a;:;/;'' A'A,
A'A.'
/
-
Number of Stockholders-
Balance
Sept. 30
1942:
1944
$226,117
dividends; AA
Interest"
,+Full dividend requirements applicable
respective periods whether earned or unearned.
+Net credit after
adjustment of $20,833 overproviAm for Federal capital tax applicable
to the seven month? ended July 31,
1942.
Income
share-,—- '
per
stockholders
/'LOSS.
..A"
\.A
■
Earnings for Nine Months Ended
to
Period End. July 31—•
$1.09
for
28,845,927.36 shares issued.
*On
\
corporation had a net asset value of, $34,47
shares of stock, as compared with $34.67 per
1944,
30.
8,990,756
(net),
.Railway & Terminal Co.
$1.10
'Earnings
Prcf.
franchise reserve in accordance with pro¬
of Dallas Power & Light Co. and Dallas
from
Franchises
the
1,313,952
1,210,800
_
1944
cash on
share on June 30.
Balance
$31,433,933
avail,
Profit
,
taxes on
for Fed.
Prov.
.
$31,705,839
tax.'.
stocks,
unclaimed dividends,
$2,804: total.
'
Liabilities—Payable
for
own
capital stock repurchased, *-$18,438;
management fee and other accrued expenses,. $6,563;. provision • for
Federal income taxes, $5,625; unredeemed scrip and; unclaimed divi¬
dends, $2,804; provision for Federal capital stock and miscellaneous
taxes, $2,296; capital stock (par $2), $968,334," capital* surplus. $9,5976173; deficit (operating), $297,550; unrealized net appreciation of
investments. $869,923; total, $11,173,806.—V. 160, p.',, 1294.
11,072,925
3,430
1,874,200
—
taxes:—other
income
to
at market quotations (cost, on basis of specific
purchased, $10,068,727)., $10,938,650: cash on deposit under
custodian agreement, $187,126; dividends receivable, $28,726; receiv¬
able
on
subscriptions
to
capital stock, $13,275;
deferred charges,
11,064,760
7,890,121
6,684
A
Total
dividend
prof,
exc.
Assets—Investments,
$3,225:
Fed,
201,000,000.
CrlH.500.000
18,500,000
<te
—
post-war
certificates
1,871,348
—.
charged, directly
tBefore
deficit.
credited
344,379
346,570.
+$167,234
*$175,566
$315,075 A- 175,5,66
A-
loss on sales of investments
deducting net
net
profit, on sales of investments,:($419,139):
deficit,
/Includes $147,841 charged to net "profit
sales of investments during the period,
to
Light Corporation-
&
(as above)
income
Other
1,873,118
1,871,346
subs,—cons.
of
inc.
Electric
$235,798
52,354
7,878
57,324
5,156'
—F T
"Before
Balance
equity of corp. in
Net
Net
1,548,464
taxes—
Dividends
to min.
epplic.
Portion
1,426,190
to pub.
divs.
•:Preferred
fcr Federal income
income
Net
Balance
"Transfers
,1943
1544
$229,714
——_
Provision
deductions J
a,share,
$23
12,648,935
3,501,587
20
Sept.
of
as
Expenses
public &
interest to
other
141,000,000
Crl2,500,000
12,500,000
Est.
508,955
at last, year-end.
$20.89
9 M;onths
30,960,355
2,572,245
|_—
6,362,665
3,515,288
income
tax refund—
Post-war adjust. & conting.
inc.
Fed.
Net
Report—
-
Income
Incoinc
Gross
6,062,410
net
sources,
Net profit for the year
Fundamental Investors, Inc.- -Quarterly
30,537,349
423,006
26,214,895
4
586,000 outstanding
'
the
of
The
Other
491,602.877
$232,433,933
.
authorized issue of
After giving effect to the issuance and sale of the
shares, the outstanding capitalization will be 700,000
shares.
amounted
22,853,230
5,912,180
86,250
of plants
Bent for lease
$163,279,730
6,430,769
10,677,943
shares will be added to work¬
company's present capitalization consists of
of common stock
($1 par), out of an
common
6,437,212
17,776,958
12,875,652
4,872,666
revenues—
oper,
'
$226,371,523
income
Total
sale of millinery,
the
for
others
to
space
$162,027,894
$172,705,833
oth.
from
Inc.
a
leased
has
1,000.000 shares.
114.000 additional
135,977,905
Prop,
Net
sold fyr the account
-980.226,836
753,855,313
654,832,607
874,606,481
sales.—
from
Income
director of: the company.
a
gloves.
or
fiscal year.
retire. & deple.
reserve appropriations
/,
u
1,036,634,375
chgs.
other
<fc
exps.
.
21,091,292
3,011,697
2,831,034
Other, taxes
with SEC—
ing capital of the company and will be available for general corporate
purposes, especially
the opening of additional stores and- improving
existing stores from time to time as conditions warrant and the
management considers it advisable.
;
,
.
,
-•
Subsidiaries—
revenues
operates
company
Proceeds from the sale of the 114,000
1944—12 Mos.—1943
31,337,458 135,750.056
10,883.589
48,058,224
1,613,291
7,562,151
1944
A 1943
1942
A. $1,094,199,000 $1,199,904,042 $1,339,448,946
(shipm'ts.)
billed
sales
Net
Sept. 30—
received
Orders
Costs,
chain cf 50 retailwomen's apparel stores
located in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and
Texas.
Thirty-four of the stores are located in Texas.
In i.7 stores
shares
32,464,642
President and
Frank Rubenstein,
The
1944—12 Mos.—1943
284,615
•
.
the company and 86,000 shares are being
sold by
$2,211,240
$1,284,618
'
1400.:
105,889
;
105,889
,
Corporaticn has made arrangements with a banking group headed
Alstyne, Noel & Co. for the sale of 200,000 shares of common
stock, according to a registration statement filed Oct. 21 with the SEC,
Of the total of 200,000 shares to be offered publicly,"-114,000 are being
of
$2,156,055
:
Co.—Earnings—
by Van
Corp.—Earnings—
1944—3 Mos.—1943
Period End. July 31—
Operating
Operation
p.
160,
$5,810 v;
$8,665
declared
Franklin Stores Corp.—Registers
1293.
p.
income
Net
Dividends
the« company
Period End. Aug. 31—
Fed.
charges
General Electric
9 Mos. Ended
103,579
tax, surtax and excess,
income
Federal
for
accruals
reserve
Interest
follows:
as
Fed.
—V.
$160,381
$153,096'
surplus-,.
Note—Provision
88,158
■
Retire,
—
—V.
Nxplor. & deyel, costs-
p.
pre-war
meet- the:.potentiaBbut-
$2,667,010
$614,796
.—A—
Maintenance
Net
$183,027
$213,507'
6,333
(net)
income
1944—12 Mos.—1943
$600,420
revenues
Operation
tax
revenues—
oper.
,Non-oper.
$7,814,318
2,074,787
281,964
1,145,426
1,589,200
55,930
Operating
Pfd.
"Fourth,
$159,000,000.
capacity will
like
something
of
"Fifth,
$1,217,548
$1,175,358
724,486
695,353
105,720
86,245
173,836 "
210,734
$9,188
2,095'
$90,485
_
1944—12 Mas.—1943
$89,071
57,052
11,005
11,827
$15,069
revenues
Operation A—A.A
Maintenance
A
inputs of any companies
both periods.—V. 160, p. 1734,
appearing in
1944—Month—1943"'
Period End. Sept. 30—
Operating
pre-war
products to develop. • Some, activities like
Division, are still in early stages of development.
River Gas Works Co.—Earnings—
Fall
Pet.
6.1
6.9
do not include the system
above figures
The
rot
Amount
11,553
6,752
1943
1944
Operating Subs, of
Power & Light Co.
Electric Power <fc Light Corp.
Reserves
other
—Decrease—
.American
restore
to
obsolescence will have increased in three years
share have been declared on the common
stock, no par value, both payable Dee. 1 to holders.'of record Nov. 10.
Extras of 25 cents each were paid on March 1, June, 1 and Sept;J 1,
last.
In 1943 the company paid, an extra of 50 cents 'oil*Sept." 1 and
dividend
replaced
or
operating conditions with less than normal mainte¬
provided by General Motors for depreciation, and
by an aggregate amount
under unfavorable
Distribution—
Fairbanks, Morse & Co.—Extra
An
inputs of client operat¬
ing companies of Ebasco Services, Inc.y which are subsidiaries of
.American
Power
& Light Co.,
Electric Power & Light Corp., and
National Power <fc Light Co., as compared with the corresponding week
during 1943 were as follows:
—Thousands of Kilowatt-Hours—
repurchased
be
placement ofmachinery. and equipment during the Avar.:': All facilities
have been subjected
to severe usage involving continuous-operation
nance.
1944, the system
ended Oct. 19.
.A'-
--■*
.
dividend just
the
Output—
Ebasco Services Inc.—Weekly
For the week
A similar distribution
,
must
the necessity of a complete reorganization of facilities will
afford
tvn
opportunity of modernizing all equipment in line with
existing standards of technology.
Industry must always seek lower
costs, because that means lower. selling prices , and hence increased
volume with expanding job opportunities.
There has been little re"Third,
1, this year, i In 1943, ., the
$1.50, and Sept.'1 and Dec. 1,
paid: June 1,
were
The amount per
operating expenses is due
share
stock,
1 and Sept.
holders
to
March
on
following
do
expenses
Increase' in
the
and
134,654
account
on
$321,250
118,418
$326,844
24,042
was
Note—Operating
taxes.
$66,916
27,996
.
Oct.
on
program
capacity.
declared a dividend of 75 cents per
accumulations on the $3 convertible preferred
The directors
1944—5 Mos.—1943
$66,593
earnings
Gross
Operating
"tive
Accumulated Dividend—
Equity Corp.—75-Cent
Co., Ltd.—Earnings—
East Kootenay Power
Monday; October 30, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1862
must
be
facilities
products
made
to
for
resume
that constitute
"Second, equipment sold to others as a part of the war-time coopera-
has filed with the SEC a registration statement cover¬
outstanding shares ($2,50 par) common stock, to be sold
by its parent. Commercial Credit Co.
The„ lf?,*68o shares comprise
59.22% of the outstanding common stock.
After the sale to underwriters Commercial Credit Co. will cease to
.be the parent.pf Gleaner Harvester Corp., and A. E. Duncan and W. H.
Grimes of Commercial Credit will cease to be directors. '
Corporation
ing
177,689
The
underwriters
ment.—V.
158,
p.
and
2252.
offering
price
will
be
named
in
an
amend¬
»
«■»
w
■
»
-
■.'.'■A,-'..' rvvw
.
WW* 1
..
'I
-,
..
1
.
J."
,
1 .J T
...
.
with SEC—
Goodall-Sanford, Inc.—Merger—Registers
proposed
,
;
1736.
p.
Goodall stock represented at , the meeting
voted in favor of the new plan, and holders of 99'/o of the Sanford
stock
represented at the meeting' approved the merger and con¬
solidation.
<;•••• -''-/.T
\ 'T-\'
•
•
'
'•.< < '
•
90 q?
of
Holders
Goodall Worsted Co., the name of which is to be" changed to'GoodallInc., has just filed with the SEC in Philadelphia a registra¬
statement, covering. $2,800,360. of\V/a''/o.1 sinking fund debentures,
due Nov.
l, 3958, and 246,566 2/1.2 shares ($10 par) common stock.
t
r
*
$2,039,713
/
25,625
after charges™'
on, longrterm ■ debtFederal taxes Z_—Z~Z
Int,
-
$2,204,339
33,181
649,312
$6,015,024
105,717
1,859,426
$6,056,482
1,481,555
285,602
70,532
518,470
417,369
1,425,618
$1/113,478
$3,078,777
160,664
443,966
Pfd.-dividends
Com.
350,210
1,016,961
862,724
1,016,961
1,016,961
$0.93
$2.59
$2.39
each>share
,"'V!
is normally in the creation of' plush
the most part to automobile, railroad and furniture
industries., ■ It also - sells pile -fabrics - for use in buses and airplanes.
The-greatest, part of-Goodall's business is represented by the manu¬
facture of "Palm Beach" suits and fabrics.
• •
new
This
principal .business
sold
for
Initial Distribution of 37%
have
directors
The
declared
Cents
initial
an
on
.
;
company's
--.the
and
NOTE—For
holders
possible
furnishing
capital, for
"The/plant, being built by Tndustria Colombiana de Llantas'- will
have a capacity of about; 1C0,000tires and tubes annually—approxi¬
mately that country's pre-war consumption," Mr. Cay wood said.
He
added that it is expected to process between 7G0 and 800 tons of rubber
a
year.
Colombia produces mere than that amount within its own.
borders,: besides growing cotton which may be used in tire manu¬
the
company
is
3,000,000
Colombian
pesos
(about
$1,750,000).
The plant covers 100,000 square feet of one-story build¬
ings.
Equipment and machinery have been supplied by United States
fiims,
J. M. Bobbins has been named resident technical representative
of
P. Goodrich.
for B.
Plans
Operation
project.—V.
1294.
160, p.
rail¬
other
will
which
automobile
utilize
from
"depart
light-metals and other
plastics,
that
an
automobile
need for speed in
with
the
is
the
model
1942
reconversion.
-
will bs entirely
new
and our war contracts cover material required on the Pacific
battlefronts, the new Graham-Paige may not be ready for sale until
after manufacturers reproducing 1942 models, slightly changed, resume
production following the end of the war in Europe.
T
"We may not have the first car on the market in the postwar period,
but
we
do plan
to have the first real postwar automobile.
The
prospective design for our new* model is crystallizing and we expect
"However," Mr. Frazer said, "because our postwar car
t
be
to
modern
as
tomorrow.
as
;
'
.
.
are
utilized.
is not;
At
:
these
Co.,
almost
plants
two
Ohio," he said.
Warren,
6,00ft.
workers
:
employed
are
v''
in
4,393
$10,135
$115,500
$99,664
2,916
35,000
35,000
45
46
532
559
$8,368
$7,172
$79,968
$64,104
56,511
49,140
"
„
.
,
_
quarter.
1,147,566
9,666,724
10,782,239
1,751,114
:
providing
Federal
lor
14,197,214 ' 19.129,544
excess
profits taxes.—
' /
1527.
p.
and
income
Nobilettl,
Millham
&
•
'
holders of Illinois Traction preferred stock
and the holders of its common stock $50 a
share upon surrender of the stocks for cancellation.
Illinois would
then transfer to its parent, all its remaining- assets,
including 1,496
shares
of i'«>
preferred stock, 10,000 'shwes.'--of common stock . oi
Kewanee Public Service Co., 350 shares of common stock oi Cahokia
Manufacturers Gas Co., 300,000 shares of common stock of Illinois
Power Co., and warrants for an "additional 300,000 shares,of the samestock, and any remaining cash,-t-V. 159, p. 1658.
the company.
the plan
Nobiletti,
Mr,
This
U.
Station—
to the Fall River
Fall River,
Broadcasting
160,
1402.
p.
Co.—New Director—
firm of Bernard, Rem,sen,
additional member 'of the
"
'
287,048
from transp.
$217,447
$157,575
$1,435,862
1,385
855
4,005
Net. rev. from oper._.w
$218,832
$158,430
$1,439,887
^y™™-/-™
191,916
135,939
1,252,071
ZZ™™™
$22,491
$187,816
In fact, it was stated, there was a
during the period in the number of employees working under¬
in the surface crews. ' 1 *
*■/'' v
Copper production. by Granby during the third quarter was about
37'4, below the second quarter which in turn,was about 8'/ below the
and
share and the usual
Nov. 16.
Co.—Earnings—
Public Service
Iowa
quarterly dividend
stock, par
No extra pay¬
have been declared on the common
p."
160,
12 Months Ended Sept.
1080.
Operating
Iloudry Process Corp,—Changes
in Personnel-
V.
Cragih
pv
as
—™—_Z
315,374
297,685
depreciation-—
.Federal income and excess profits tax
709,286
702.270
710,330
in lieq of additional
profits tax
Charge
and
Fed. income
tax
537,194
'
47.068
Z—..
580,282
563,745
$1,273,313
$1,368,803
excess
General taxes-
Co.—Earnings—
Power
&
Lighting
Houston
2,658,119
Provision for
1803.
148,
1943
$6,127,816
'
revenues
Maintenance
appointed Executive Vice-president and
Vice-President in charge of sales engineering.—
Danner has been
V.
30—*
1944
$6,411,300
2,775,647
—v.
.™^_.™„™;——
'
1944—Month—1943
Period End. Sept. 30—
Oper.
$1,815,723
™'
155,151
^™__ ^
Maintenance
newals
of
interest
Net
31,317
SI.315,224
,w—_r——
charges
income '
$1,400,120
629,488
T
preferred stocks-.
properties—™
Fed. inc. and
profits taxes-
:
250,000
482,359
440.164
96,586
75,535
accrued
$387,523
$376,859
Earnings per
$4,144,404
on
334,903
1,266,773
total
A
$4,384,570
324
2,271
15,696
of
$0.85
will be made at the Chemical Bank &
165 Broadway; New York, N. Y.—V. 160, p. 1402.
$4,38.9,881
1,191,583
$0.92
1,161,240
due 1969, have
104'a and int.
Trust Co., trustee,
:
of 1st mtge. bonds, 334 T series
redemption as of Nov. 24, 1944 at
$68,000
for
called
Payment
5,311
$4,160,100
334.903
$378,698
share (412,000 shs. of com. stock)
•
been
Net
$713,607
Bonds Called—
3,706,169
4,212,084
1,293,338
.
other
686,519
$685,736
-™_
$350,833
Dividends
&;
taxes™.™™.;
excess
All
income
Gross
1,300,000
1,300,000
41,911
as
accelerated
of
Prov. for
108,333
108,333
——
income ;u__-™—
deferred
repairs
result
maint.
for
earnings
Net
6,663,614
1,418,921
7,076,739
1,671,655
Total
approp._™
res.
Provision
use
555,134
117,453
Other
deprec., ,
re¬
and
replace¬
Amort.,
ments
_
1944—12 Mos.—1943
$1,673,478 $19,948,220 $18,740,047
585,771
™„„2™-
Ope ration
-
electric
revenues,
operating revenue
Other income, net-
the company reported,--W. 160, p. 1294.
cents per share
75
per
$50, both payable Dec. 1 to holders of record
ment was made last year.—V. 160, p. 1081.
$138,941
revenue
dividend of $1
extra
An
1,297,928
$26,916
Distribution—
International Silver Co.—Extra
$1,436,869
Deductions
Production
be promised
not be allowed to inter¬
or equipment neded for
production."
dam, a reinforced concrete structure across the
Dnieper River at Zaporozhe, was blown up by the Russians in August,
1941,
when the Nazis invaded that section of the
country.
TheGermans spent more than a year repairing the dam
and eventually
got some power from the station.
But late in 1943 when the Russians
drove
the
invaders • out
of
the Ukraine,
the Germans completed,
destruction of the station and the dam,—V. 160, p. 1527.
6,022
rev.
an
announcement, by the War
that no fixed delivery datfc would
Dnieprostroi
The
$1,430,846
other than transp.
Net
Rev.
to
civilian
essential
$3,135,905
1,705,058
$444,623
according
Board, which also stated
1944—7 Mos.—1943
$3,678,856
2,242,994
$551,737
334,291
'
for the machines and "manufacture would
fere with the
production of war supplies
trans¬
portation V.,--'-,™™™
Operating expenses _>™
new
lend-lease,
returning to the post
war period to enter
Ltd.—Earnings—
1944—Month—1943
capacity
replace those partially destroyed by the
Russians
when
they1 retreated before the Germans in
1041;. The
original generators for the plant, which was completed in 1033, were
rated 77,500 kva. and 88.2
rpm.
The new 90,000 kva. units will
operate at 83.3 rpm. : Thiij decrease in speed, coupled with the in¬
crease in kva.. results in an equivalent increase in size of 21T.
They
will be the largest generators in diameter and total weight ever built.
Hydraulic turbines for the station are being built bv the NewportNews Shipbuilding & Dry Dock Co. • Each of these-water-wheels will
be capable of developing 100,000 hp. '
1 '
Financing of the machines, will be by the Soviet Union and not by
The
the BX Corp.,
160, p, 1185.
from
The
Schenec¬
is announced.
originally..
generators will
had
it
than
Co.—Proposed Merger—
below.—V.
Honolulu Rapid Transit Co.,
rev.
R.
already in construction at General Elqctric's
tady Works, will give the famous plant a 15',; greater output
Welch Electric Co., Inc., for
Federal Communications Com¬
member of the law
has been elected an
Period End. July 31—
Co,—Russian Contract-—
generators for the
will supply nine 90,000 leva,
Dnieprostroi hydroelectric plant,- it
company
S.
S.
huge generators,
specialist in banking and real estate practice, is
which controls substantial mortgage
'
'•/>.
v
a
of
President
also
investments—V.
the
Under
industrial field.
the
Co.—SEC Approved Plan—
SEC
International General Electric
directors."
W. Coverly Fischer has been elected Secretary,
which he relinquished at the beginning of the
con-
decrease
first quarter,
29,911,783
would receive $166 a share
Fall River, Miss.^Sub-
of
board
with
produced prior to Dec. 31, 1944.
company added that there was no improvement in the manpower
situation during the third
23,863,938
.
—-
Title Guaranty
Home
Caesar
V.
hasi announced the extension of the contract
S, Commercial Co. of Washington. D. C., for the sale of
ground
6,332
2,916
Drug," Inc.,
Robert
centrales
The
484
-
Sterling
Arthur
■:./■
•:
company
the U.
$95,270
™™™„™
/•■•'
Nobiletti
turbine cases and other heavy equipment.'
Smelting & Power Co.,
Ltd,—Concentrates Contract Extended—
This
$103,167
Hilton-Davis Chemical
Net
Granby Consolidated Mining:,
«,
99,500
$9,651
•
subsidiary by the Doughty &
has been authorized by the
See
elected
has been
.
s
29,716
108,760
$11,330
station WSAR,
of
a
the
Executive Vice-President and a director of Atlas
a member of the board of directors and the
executive committee.
He is also a director of E. W. Bliss Co. and
other corporations.—V. 160, p. 1736.
'
¥
'
•1
'
•
■.
:"f. !
i
391,940
8,738
,
Hatch,
Boyd
L.
Corp.,
■
drives,
gear
New Director—
V
$616,428
30,687
$175,000
'
production of amphibious landing craft—"Alligators" and LCM's—for
the Navy.
The Detroit plant .also manufactures aircraft connecting
rods while Warren City turns out diesel engine crankcases, generator
bases,
2,898,680
726.907
43,874
approved on Oct. 25 a plan filed.by the company, "a sub¬
sidiary of the North American Light '•& Power Co.,
in compliance
with Section TIB of the Public;Utility Holding Company Act, which
in substance provides
for retirement of the publicly« held preferred
and common stocks of Illinois Traction and subsequent liquidation
of
corporation's war backlog is approximately $26,000,000, the
highest in its history.
The current volume is at the rate of $5,000,000
a month at the Detroit plant
and the company's subsidiary, Warren
Manufacturing
,
income,™-™--.
After
160.
1295.
p,.
sidiary Buys Radio
"The
City
2,254,969
1.207,897
™_™™.,„
Illinois Traction
•
-
4,771
1,047.072
&
The
1944—12 Mos .—1943
1/111
_™_™
declared
160,
Gross
planning to make extensive use of the plants and. knowhow of small manufacturers whoso facilities have greatly expanded
and improved during the war.
While investments in tooling will still
be required, such investments will represent only a small part of the
capital commitment normally required where extensive subcontracting
"We
*
409,180
Herald-News Publishing Co.,
.
it
income
Net
Dividends
the conventional design
recent developments" will
basically
85,572
3,467
for
leased
other
fixed
rent
*Nat
$657,795
accruals
charges
mission.
are planning,"
he said, "to build an automobile which'will be
ahead of its time—d completely hew. car from tlie ground up.
the
other hand,
many prewar
car. manufacturers'will
resume
of
29,228,756
always
2,888
(net)
inc.
reserve
Interest
"We
production
4,831,405
22,955.555
952,823
44,440
fixed
for
charges
■
of
Sale
year';
because
not
31,053
$10,213
•
by this corporation upon its re-entry into the auto
manufacturing field, it/was revealed Oct. 16 by Joseph W. Frazer,
Chairman of the board/:
"
.
;
*
c
"
3,492,535
102,687
avail,
Inc,
alphabetical
$52,331
9,445
Balance'
produced
On.
388,740
2,817,879
deductions
-
185,743,311
120.827,211
30,855,945
392,915
income
Int.,
alphabetical
2,781
revenues—
oper.
Non-oper.
Co.,
"Futuristic;"
Motors Corn.—To Build
Car—War Orders Total $26,000,000—
•
An
is
$54,367
31,921
—-
Net
/
Graham-Paige
and
Other
Co.—Earnings-
™™r.__-,_:
Taxes
tire plant were launched early in
1942 when the
Colombia, which depends heavily upon highway trans-:
-portation because the mountainous terrain has been a barrier to
way .development,
obtained approval of the U. S. State and
be
it
reasons
1944—Month —1943
Operating revenues
—V.
departments-for the
20,721,769 194,389,869
13,395,668 124,6.99,899
4,119,482
43,241,830
2,155,749
income.
oper.
ry.
Miscell.
the
for
Government of
tax
Dr) ■
(net
V,
Haverhill Gas Light
Feriod End. Sept. 30-
Retire,
'
facture, '
Capital
expenses
Net
possible.
Maintenance.
:
V
,
mechanical
to arrange companies in exqet
However, they are always as near
as
-9 Mos.—1943
A.—
international division.
The corporation is
engineering counsel, as well as part of the
project.
22,233,976
14,265,285
5,420,027
revenues
oper.
accruals—
Equip. & jt. facil.-rents
proposes to issue $220,000 of 4% first mortgage serial
Dec/ l, >1944, and maturing $20,000 each year through
order.
(B. F.) Goodrich Co.—New Tire Plant in S.
technical
bper.
Railway
Railway
charges
,
below.—V. 152, p. 3970.
$
RRs.
Production is expected to-start about Jan. i in a new tire and tube
plant Hearing completion near Bogota, the capital of Colombia, S. A.,'
it
was
announced on Oct. 27 hy Stanley W. v Cay wood, manager of.
the
Period End. Sept.
.
position
.
.
company
dated
of 37Va
dividend
quarterly
,of record Nov. 20.—V. 160, p. .1525.,
>
-
New Stock—:
the capital stock, par $10/ payable Dec. 1 to
"cents per share on
•
& Western Air, Inc.,
RR.—Earnings of System
30—
1944—Month—1943
,1944-
Central
Illinois
.The proceeds will be used to redeem at 102% on Dec. 1, next,
$90,000 of 4 Va ft serial bonds, and to expand production of the com¬
pany by 700 dozens of shirts per week.
:
For
the period May 2, 1943, to April 29, 1944, r.et sales were
$1,460,000,. and profit after all charges and taxes was $54,178.
The balance, sheet
as
of April 29, 1944. showed total assets of
$818,064, current assets of $690,913, and current liabilities of $213,897,
The company is a manufacturer of shirts.
1955,
company.
Sanford's
fabrics,
See Transcontinental
F,); Hathaway Co., Waterville, Me.—Refunding-^—
bonds
Tex.—Acquires Control of
—
Railway
of
Goodall Worsted will receive 3fa .shares of stock
of
$1.09
$289,802
$292,522
fDcficit.—v. 160, p. 431.
income.
taxes cn
160, p. 984.
(C.
$110,100
850.509
'
receive
the
1,016,961
share-/'
Eapns, per com.
—V.
501,926
t$261,889
—■
.
Under the merger terms each share of stock of Sanford Mills will
i '/i'shares of -new - stock and ,$20 of new -debentures; while
■{
paid™™
.dividends paid™/.
shares outstand._
Com.
statement
307,850
423,026
Hughes Tool Co., Houston,
481.991
.355,906
net corp....inc.
Consoh
374,523
$2,998,806
•
Air Line
/
Union
.
charges
income
$1,294,339
$741,119
285,224
294,758
——
1944—9 Mos.—1943
$3,377,933
$3,717,009
879,203
1,086,528
905,886
943,310
1,300,322
1,397,363
1943
1944—3 Mos
30-
— ™
•'No Federal
1,051,076
$1,210,016
106,250
dcpletion_„.
&
Deprec.
Sanford,
Securities Corp. and W. C. Langley & Co. are named in the
as the principal,.underwriters
and will manage the public
offering.
;ZL: 7',
-V.
Z
:
c'f'The .Union Sccurities-Langley,:group, which also includes, Blyth &
Co,, Inc.; The First Boston Corp.; Harriman Ripley '&Co., Inf.;; Smith,
Barney '& Co;';,l3tope. & Webster;and Blodget, Inc.; A, C. 'AUyn & Co.,
Inc.; Hemphill, Noyes & Co:; Paul H, Davis & Co.; F. S. Moseley &
Co., and E. H. Rollins; & Sons, ; Inc.', -recently purchased controlling
interests in. the two .companies.
/
1 :. r*
, .
.
1
•
■
Taxes
Net
tion
,
revenue
Deprcc. & depletion
1944—9 Mos.—1943
1944—3 Mos,—1943
Period End. Sept. 30—
Net'inc.
Earnings—
(& Subs.)
Hanna Co.
(M. A.)
the
of
Period End. Sept.
Net
Fixed
meetings.
(& Subs.)—Earnings—
Hudson Coal Co.
1936, to Deer 1, 1939, in as much
corporation's goods under commis¬
of their employees.—V. 160,
salaries
paid
special
by stockholders of both compafllies at
approved Oct," 19
was
Inc:',:
distributors
and'the
the
handled
distributors
the.
as
from". Jan/M,
Security Act
Social
sions
into
merger
and . consolidation of San ford,, Mills
Goodftll. Worsted, Co." underthe new name of Goodall-Sanford,j,
Tfte
v
1863
CHRONICLE
THE COMMERCIAL 6c FINANCIAL
z}Number^ 5329
Volume \160
Grand Trunk Western RR.—Earnings-
Net
from .railway---.
Net
ry.
income-.-
opei'.
Gross income——
1944
$2,745,000
437,374
September—
from railway
Gross
1943
1942
.10*1
$2,697,000
551,446
$2,876,000
262,465
403,322
$2,523,419
830,092
564,282
.
1,053,014
838,858
from
Net
from
Net
ry.
—V.
railway-—
raijway
160,
26,456,000
5,803,303
2,701,584
22,426,000
5,955,776
4,020,389
26,133,000
4,875,721
income—
oper.
7.528.953
22,820,683
5,114,055
out
officers'of
the
plan
of
■
The
of the
this
company
on
recapitalization.—V.
corporation
Federal
The
is
entitled
Pittsburgh,
concern s
159,
p.
447.
—■V.
160,
p.
held
Pa.,
to
as
recover
from
McVicar
the
money
ruled
was
the/Government $86,982
on
Oct.
on
collected
under
the
earnings-_
$397,365
$5,004,530
Oper.
exp.
and maint:-
197,722
195,605
2,465,127
$4,772,746
2,214,931
State
and
Fed.
34,475
27,875
350,000
400,425
47,924
47,678
570.153
535.041
40,000
480,000
480,00ft
$95,399
$86,207
$1,139,251
$1,142,298
3,675
3,403
42,012
3 <J, 04ft
Total net earnings.-_
$3,228,641
368,521
315,079
$99,074
$89,610
$1,181,262
$1,181,338
funded debt
46,284
48,735
563,533
59.3,850
oper.
of
value
—
1944—3 Mos.—1943
smelt.,- conv.,
:',refin.; freights^ etc.™
Operating costs—
income
—
income—
Net income——_—
Earns,
per
S.
capital share
$2,437,360
1944—9 Mos.—1943
,
Net
160, p. 1185,
40,000
retirements™
oper.
earnings
income
"
$9,158,521,
$6,906,930
3,348,136
4,022,400
692,903
753,157
2,268,285
1,117,869
1,187,194
3,643,023
$497,010
$995,621
$1,787,986
15,880
15,994
51,619
37,331
.
$513,004
$1,047,240
94,280
227,586
116,297
246,191
$302,427
$573,463
$0.30
$1,24
etc., deduc¬
Net
S2.32
14.760
—
income
12,186
174,965
$38,031
tions
$1,072,454
$0.65
exp.,
discount
$28,690
$442,765
162.386
$425/101
426,856
$141,0.98
and
on
of debt
Amort,
326,007
81,482
Interest
$1,825,317
71,932
$294,512
Federal, Dominion of Canada
taxes;—V.
for
Other
$2,089,404
$2^8,632
Operating profit
Miscellaneous
taxes
Prov.
metals
—
income
taxes
Market.,
^U.
18.
erroneously
$2,968,517
—
Sound Co.- -Quarterly Report—
Howe
1944—Month—1943
$415,521
Other
Total
security-taxes assessed
$280,035
period
of Del.- -Earnings—
1944—12 Mos!—1943
Iowa Southern Utilities Co.
Period End. Sept. 30—
Gross
1736,
Depreciation
^Provision for taxes-
distributors
petroleum products and employees of the distributors,
Judge1 Nelson
Court
applic. to pfd. stock for
Period End. Sept. 30—
Gulf Oil Corp.—To Receive Refund—
.collected at
$294,730
Net income
sold
Oct. 19 were informed that a de¬
cision of the New. Jersey Court of Errors, and Appeals dated Oct. 17
barred
the
carrying out
of
the
recapitalization plan which
was
approved by the. stockholders on May 27, 1943.
No decision has been
reached yet whether a new plan shall be prepared or not.
The
Court denied
the company's appeal from
the decrees of the
New Jersey Court of Chancery enjoining the company from carrying
The
97,148
Gross
Guanlanamo Sugar Co.—Court Bars Plan—
.
95,064
7,464,492
1400.
p.
deductions
Total income
Divs.
From Janiwl—
Gross
$389,794
$377,183
—V.
160, p. 1402.
Jessop Steel Co.—Registers with
The
mortgage 5T
and Republic of Mexico income
.
company
.
SEC—
$1,000,000 firstThe company, a
has placed in registration an issue of
sinking
fund
bonds due Nov.
1,
1954.
producer of high grade specialty steel, was organized in 1901.
Paul H.
Davis & Co. and Dempsey & Co., Chicago, are named as underwriters.
Operating
Operation
Taxes
$125,175
■61,977
___
57,378
$1,520,227
731,124
13,350
166,315
650,418
178,127
•
___
_
Cr3 055
10,367
138,732
59,131
res.
accruals
8,333
8,333
100,000
96,666
oper.
income.
net (Dr)
$34,680
$35,746
$384,055
Utility
1,532
10,332
6,251
$31,404
$24,214
$373,723
$330,220
income,
income
Gross
______
8,396
106,069
104,534
$21,703
$25,818
Preference
dividend
requirements—-*-* —
Common dividends paid, J. P. S. Ltd.__—
$267,653
104,587
91,800
91,800
—V.
160,
have been
—V.
sales
—
-
1403.
1G0, p.
sales
costs
&
other
9,732,753
676,268
out
war
Taxes
earnings
Net
jpommon dividends
profit
160,
p.
,280,000
,880,470
700.000
43,750.
'425,000
1,275,000
1,275.000
$1.43
$1.18
$4.55
,
William
Adrian
E.
Russell,
Burke
P.
Secretary.-—V.
Walker
P.
159,
cper.
1944—9 Mos.—1943
$3,672,530 $33,180,898 $32,224,023
2,422,127
19,497,431 18,734,239
5U0.000
5,495,000
5,340,000
185,000
1,512,000
1,557,000
500,000
—a
168,000
income
$894,223
$565,402
Equip, rents (net debit)
Joint facility rents (net
204,604
281,348
Railway oper.
debit)
Net
from
inc.
oper.__
279,568
284,894
1,133,727
of
Cost
,
$890,760
$3,223,176
ry.
33,779
77,682
380,580
413,047
12,794
3,138
for
717,872
$413,249
$2,022,594
$4,191,724
$4,355,445
$273,298
$595,876
interest
taxes
income
$9,440,620
3,243,432
185,249
152,382
2,069.482
1,297,957
56,773
59,864
608,030
555,041
Depletion
______
66,667
68,667
808,000
799,333
Prov.
125
125
1,500
1,500
.
$195,998
1,377
423
$198,067
$196,421
$2,292,639
179,70.1
79,399
1,054,965
(net)—
Net
___—
(net);
income
10,046
18.816;
applic.
p.
stocks
to pfd.
for
$2,607,137
.
$117,022
$1,237,674
—59,215
i
Depreciation
Provision for Federal &
and
surtax,
Canadian tax—_
A..cos.a____~———" V
204,025
94,500
—$206 ?O0
share.———.
$0.55
.income
(Aust.)
common
per
Ptv,
Ltd.,
or
■
".
1,205.437
■
$0.23
$607,638
417
73,031
139,400
$225,609
$0.61
..
Keiih-Albee-Orpheum Corp.—DissolvedRadio-Keith-Orpheum Corp. below.—V.- 159, p.
i
Net
corporation for the loss of its tanker
in war service has been approved
by the War Shipping Administration, it was announced on Oct. 21.
In addition to the lump payment, allowance is made for actual loss
through delay in payment in accordance with rules .of the Advisory
SEAKEY
was
in
built
Shipbuilding & Dry Dock
at
1939
the Chester
is
making
yard of
the
Co.
Kimberly-Clark Corp.—Exchange
corporation
(Pa,)
an
offer
Offer—
to the holders of its present
preferred stock on the basis of which each holder of present preferred
Stftck accepting such offer will be entitled to receive:
(A) Full shares of new preferred stock on the basis of one and 3/107
shares of new preferred stock for each share of present preferred stock
surrendered in exchange, plus ■
,} ;(E^Cash in lieu of the fractional share, if any, of new preferred
stqck"to which such holder would otherwise be entitled tn the basis
set forth in (A) above, a full share being valued, for this purpose,
at $107 per share, being the initial public offering price of the new
preferred stock exclusive of accrued- dividends, plus
.
i,C)
Cash representing the excess of dividends on the shares of
present preferred stock
surrendered bv such holder over the dividends
the full shares of ; new
preferred stock received in exchange therefor
by such holder;: for the period from Oct. 1,
to .the date of redemption of the present
-
dei$*6 Is
.1944, to Feb. 15, 1945, or
preferred stock, whichever
earlier.
/jhe corporation's exchange offer will expire at 3 o'clock p. m., CWT,
Oct. 30.
Prior to that time and date, holders cf (he present
on
preferred stock electing to accept the exchange offer must deliver the
certifieates representing the stock to be exchanged, accompanied, by
an exchange form furnished by the corporation
(properly filled in and
signed and accompanied by any necetsary supporting documents) to
the corporation's agent, First National Bank, Chicago, 111.
The
underwriters are Lehman Brothers, The Wisconsin Co., and
ifailgarten & Co.
Stockholders—■
Nov.
1,
o"f
common
1944.
Among
principal underwriters are Lehman Brothers,
and Hallgarten & Co.—V. 160, p. 1737.
the
CRtjsih Co..
._i.__.L__$2,543,697
$2,324,058
1,361,111
operations***
1,006,319
;
948,703
627,880
The Wis-
909,755
705,652
$1,000,405
$693,738
$413,379
38,432
underwriters
the
which
each has
No<>l fit
Alstvne,
Co._
Co..
%
-
Lane,
Johnson,
16.5625
16.5625
& /
Space
2.50
Inc.
2.50
2.50
Johnston, Lemon & Co.__
7.50
Newburger
6.25
Westheimer
6.25
Herbert W. Shaefer & Co.
M.
Loewi
Co.__
&
_____
Battles
Rhoades &
Loeb,
L.
H.
&
&
Hano
&
&
Co.,
_1_
6.25
1.875
-1,25
Inc.______
&
Smith
McAlister
5.00
2.50
Co
Ingrahum
Torrey__________
&
Co.
1.25
„
Pate
Inc.
Co.
&
Cohu
♦
1.25
MUchell
3.75
5,826
Frederick
2.50
Co._
&
O'Brian
2.50
Moore
T.
Pennsylvania income tax
interest
_*____*,
Courts
income.
'__*.
outstanding.—
corporate
shares
per
common
$1,546,893
..
Taussig.
&
1.25
Co,.._
&
Robinson
S,
1,205,437
1,205,437,
share.—
$0.72
-
Accrued
interest
Other
new
thne
excess
profits
time,
on
in
not
(net)™—
C17.925
83.940
337,018
i_
—
$10,078,311
has
parts
$364,348
71,766
5,343.082
of sales prices of Government; Contracts:.*^*
adjustment
Notes
1,147,695
liabilities
;
bank
payable,
stock
Common
($1
Capital
•
1,000,000
143,532
par)___;
surplus
Earned
211,579
1.791,307
surplus
__________________
_
Initial Dividend on New Common
$10,078,311
Stock-
25 cents per share has been declared on the new
payable Nov* 15 to holders of record Nov. 1.
This
equivalent to the 50 cents paid Aug.. 11 on the common sto"k out¬
standing prior to the, recent two-for-one stock split-up.
Distributions
of 25 cents each were made on the old shares on Feb. 15 and May >12,
of
dividend
A
whole or in part, at the ontion
30 days' notice,-at $27.50.
stock,
common
is
accrued dividends.
was incorporated in New York in 1932 and since its
engaged in the- manufacture-and processing of
company
40,900
.
taxes.
—
Accrued
less than
formation
.
1.C43.748
1.803,813
'
preferred
to
directors,
of
plus
share,
The
the
of
from
or
of
payable ;—____
Dividend payable, Aug. 11, 1944__—
Reserve for Federal income and excess profits taxes and
stock is convertible, at the option
the holder, at any time, into two shares of common stock, subject
adjustment in the conversion rate.
The stock is redeemable at
board
receivable_______..___________________
note
the underwriters.
taken up by
18.733
.
subsidiaries*—.,
Liabilities—
This offering expired Oct. 23, the stockholders
subscribing to 5,406 shares leaving 74,594 shares to be
time
of
Accounts
7, 1944,
the
—,—
Total
The stock is being offered to the public at
share
$3,549,485
1,000,000
978,649
deposits__._
charges
assets
Fixed
share plus accrued dividend from Oct. 1, 1944.
stockholders of the company were given
per
•
stocks
in
refunds
Postwar
'
1941
—
assets,
Deferred
underwriting syndicate, headed by E. H.
Incorporated and Van Alstyne, Noel &
Sons
&
1.25
Sheet, July 31,
receivable_____-__-____-,_ri,____-__-__-_
Inventories'-
An
—
1.25
1.25
certificates-*——
receivable
Accounts
$0.51
demand
and
Treasury
s.
C.
L
Assets—:
on
hand
Cash
U.
_____________
Day & Co.. Inc.^.
Wainwright & Co,_
Co., Inc.
&
Balance
433.
p.
Schoellkopf
H.
$1,301,713
»■
CO
&
Doolittle,
prior subscription rights to purchase this new issue of
preferred stock at $25 a share at the rate of one share of
preferred lor each 3 VSs shares of common held on Oct.
per
percentage
Name—•
%
Rollins & Sons Inc.
H.
of the unsub¬
severally agreed to purchase
and
10,791
9.328
Preferred stock
'
.
of
103,795
equipment for aircraft,
order.
The company
and
tions,
been
upon
stock
common
The
of
stock
common
of
1944,
and in each
primarily to customers' spec'ficaowns approximately 41%
of the
Autocar Company, and approximately 58 %: of
the
Highway Trailer Company.
possible
payable
order.
a»>d
14,
Business—Corporation
1932.
products
steel
.are
.
have
contracts
busines
will
with
number
of
customers
in
the
Aircraft Engineering Corp.
having accounted
the
a
for
the
United
probably continue to
States
industry
of
which
the
is by far the most important,
approximately
Navy,
for the present
The company has a
of the company.
aircraft
and
Armv,
constitute
three-quarters of
Grumman
/>(•.
of
with
Company
the
the
company,,.
same
owns
5 ^ytoca!* Co>
the
sale
of
and
(at
or
including
comparable
approximatelv
med.um
Grumman
Aircraft
41 %
of
Common
stock
and
heavy-duty
motor
trucks,
known
as
-
.
'
•
the companv offers only chemistry
toys for sale to its trade.
resumotion of its normal operations after the
present
ti'^e
the
sets
and
vnr,
the
anticipates an active demand fot' its electric trains and
Production of these can he begun as soon as sufficient
materials and labor are available for the purpose, since the com¬
accessories.
raw
of
is engaged principally in the manufacture
and
company
-
the
(he
With
Engineering,
products.
sale
fynd
certain new wooden
during the fiscal year ended 'Nov, 30, 1943.
Substantially all of the company's business is currently obtained as.
result of competitive bids, and
other compan'es suDpl.v the cus¬
tomers
History and
fvct.ure
assemblies.
this company
business of
the
company
Corp.,
an
electrical-
other products of the company.
'
Approximately 90% of its work is done;in accordance with >the
and specifications/of the United States
Armv and Navy.
While the company has no direct
contracts with • the United States,
Army or Navy, it has contracts for the supply of airnlane rart.s to
who
Offered — Public offering was
52,714 shares of common stock (par $10)
Business—Corporation is normally engaged in the manuof-model electric trains and accessories , and other
mechanical toys- - and 'novelties.
The-business, was
founded
by Joshua Lionel Cowen in >19.91,"
It was incorporated in
New Jerrfey in 1906 as the Lionel Manufacturing Co.; and continued
-to do business vuidcr^that name'imtd July 22. 1918,- when the present
company was incorporated in New York.
For. some time ,prior to 1942 the company was" the largest .producer
of toy electric trains and equioment in the United States.
.In July,
1940,
the company
received its first orders to manufacture war
materials
lor the
U. S. Government*.
This -business -has steadily
increased, and since June, 1942. "the company's facilities have been
devoted1 to' the production of ■ war materials,
bcth as primary contraetor and as sub-cont)actor for other , manufacturers.
Among >the
items nianhfactured have been Navy standard compasses* various types
of binnacles, azimuth and bearing circles. Navy standard peloruses,
fifjrtT and-U'thling circuits, transmitting keys,-primers, for shells and
blasting
galvanometers, relays,
transformers, contactors and • gear
.
•
standards
such
always
ache & Lord,
various"
others
not
alphabetical
alphabetical
underwriting group consisting of Granbery, MarEmanuel & Co., and A. C. Allyn & Co., Inc.
priced at $13.75 a share. The shares of¬
fered are owned by $ number of stockholders who will
receive all of the proceeds from the sale.'
by
comprised
alloys, of
is
The stock was
o£ precision machine work, for the most part upon the
and aluminum used in modern aircraft;, among. such
struts, propeller hubs, gear boxes, fuel pumps/ vacuum
cylinders and the like and certain standard-articles for aircraft such
as
cowl fasteners,
safety lock outs and similar small items.,, The
balance
of
the .business
is comprised of
sheet ■ metal work, heat
treating,
anod.vzing, ...cadmium
plating,
sand blasting and doping,
substantially all of. which.'/ in the. case" of the company, .requires
precision work and 'most of which requires, or incorporates articles
made
by,
precision
machine
work; * such
products include wings,
pontoons, stabilizers, rudders, elevators, fins, flaps and. bomb, racks.
The volume of production of the various items varies from time to
time,
but no
one
item
constitutes, a significantly.. large prooortion
of
the
company's business in relation to that represented by the
is
it
possible.
as
made Oct. 26 of
processing
reasons
.
Corp.—Stock
Lionel
Since
manufacture. apd
mechanical
160, p, 1633.
to arrange
companies in exact
However, they are always as near
position
was incorporated in New York
formation company has been engaged in the
of parts and eqivipment for aircraft,
primarily to customers' specifications, upon order.
It also assists
in
and conducts, research work, in connection with the development
of new parts.
Approximately one-half of the busines of the company
History
Nov.
quarter during 1943.—V.
NOTE—~For
.
quarterly Jan., April, July and Oct. 1. Redeem¬
able at any time in whole or in part on 30 days'
notice .at $27.50
per share,
plus dividends.
Convertible at option of holder into two
shares of common stock, subject to adjustment in the conversion rate.
Dividends
the major portion of the business
s'ock is being offered by the
corporation for subscription at $32 per share to the holders of com¬
mon
stock at the rate of one share for each five shares of common
stock held of record at the close of business on Oct. 20.
Such rights
tp subscribe will be evidenced by transferrable subscription warrants.
No fractional shares will be issued, but fractional share subscription
Vagrants mav be combined to permit subscription for one or more
full share/s
The subscription warrants will expire at 3 p. ni., EWT, on
of 99.9C0 shQ,,es
1,730,000
6.25
offered Oct 24 the unsubscribed portion of 80,000
of $1,25 cumulative convertible preferred stock
$25
and
£ommon Stock Offered to
A
made.
preferred stock
30
$3,904,808
(par $20).
the
Board.
*3,245,000
excess
____
Boenning
Liberty Aircraft Products Corp.—Preferred Stock Of¬
to
Philadelphia—Payment—
Keystone Tankship Corp.,
5,700
$1,119,031
$376,281
and
Investments
Payment of $2,776,804 to this
on
Sept.
Ended
Months
3,171,236
160,
any
The
12
Account
Income
from
income
—V.
of
SEAKAY, of 11,335 gross tons, while
32,195
$1,603,493
Bear, Stearns & Co.____r_
$0,39
gross income___^,________i.depreciation-—
—
Net
of
1G59.
8,333
$2,730,405
Curtis
Common
169,181
681
follows:
as
Van
1,205,537
$0.73
.
.
income & excess; profits taxes.
Co.,
include the earnings of Julius Kayser
Kayser-Bondor, Ltd., of England.—V. 160, p.
'
I :
See
Sun
1,205,437
1,205,437
$0.18
and
Each
The
E.
shares
1943
Note—The above figures do not
1403.
$980,117
,_*,
Frovision for
Dominion taxes, normal
total
Excess profits lax—U. S.
Net
$1,397,625
for Fed.
fered
'
1844
operations—$564,043
from
Earnings
$442,094
income
Rollins
Quarter Ended Sept. 30—
and
$391,297
income
share**
per
Deductions
520,784
(& Subs.)— Earnings-
$1,124,730
$3,621,281
_
names
Berwyn
$1,655,157
520,784
1186.
(Julius) Kayser & Co.
Income
951,980
period____
$18,366
.
Dividends
—V.
160.
5,048
$3,330,377
2,469:013
1,043,888
Gross
Common
income
Gross
8,623
$2,597,091
$2,273,823
$196,690
revenues
income
Interest
1,955
$8,494,354
3,679,785
res. approp.
of ltd.-term inv.
oper.
6,033
2,014
are
$985,165
income
Minority
Net
39.865
$1,406,249
_____
income from
Other
274,046
ret.
Other
C?'7,500
$444 049
outstand.
shares
_________
Federal taxes
2,172
$1,635,688
Paine, Webber, Jackson &
corporate
Com.
$751,082
*_—
1,243
$2,738,738
Name—■
Total
1944—12 Mos.—1943
1944—Month—1943
11,894
$3,621,961
taxes
been
scribed
10,170
.
$802,375
296,871
Operating revenues
Operating expenses
Amort,
145,700
576,480
Cr23,300
160,865
$393,311
Net
Electric Co.—Earnings-
400,000
profit
The
Carl
Kansas Gas &
300,000
2,095
profit
income
has
1403
p.
$1,122,558
Underwriting—No firm commitment to.purchase the
$1,136,898
93,496
265,591
$1,534,446
subsids.
profit
Net
&
tax
$2,320,844
783,186
.
income
Penu.
2.694,137
$3,606,031
13,235
profits
15,438
24,447
279,399
$564,346
income
7,809,136
25,000
235,398
profits taxes
excess
Prov.
Net
Period End. Aug. 31—.
Prop.
Fed.
109,829
136,194
25,000
;___
for Fed.
Consolidated
Other
Net
19,669
$6,592,784
2,307,564
$6,676,468
2,055,431
10,755
93,743
income
oper.
Profit
13,684,047
Deductions from income
122,834
a/c dlspos. of prop.
Prov.
11,332,816
sales___*
from
Gross
idle
carrying
$3,816,695
$14,939,447 $16,010,891
$2,483,398
properties, etc.
Nov. 30, '41
$9,143,582
Other
665,872
$955,042
income
11 Mos. End.
1942
1943
July 31, '44
income:
Divs.
1944—9 Mos.—1943
$1,817,525
Earnings
12 Mos. End .Nov. 30
partial
expenses___
from
,
'
.
of
$2,089,449
$605,865
80,000 shs.
287,064 shs.
company
8 Mos. End.
______
opei%
Profit
$675,473
.
Gross income
Minority
—___________
160,
—V.
Total
1944—Month—1943
taxes._
income
billings
Cornelius J, Smyth and
with Hersey B. Egginton
1944—3 Mos.—1943
Period End. Sept. 30Total
•
and
sales
Other
taxes (excl. inc.)_
Depletion and deprec.__
Railway—Earnings—
$3,674,364
2,112,141
revenues
taxes
Other
Period—
Net
Lehigh Valley Coal Corp.—Earnings—
Loss
oper.'expenses
Federal
Morrison,
Summary
,■
.
the
1944,
24,
!.'■■■
1765.
p.
Interest
Period End. Sept, 30—
Railway
the reorganization
'
reorganization managers,
are
Fed.
Railway
;
to distribute on or
dividend of 1V2% in cash
,
$1}
(par
Outstanding
borrowed $1,000,000 from
Marine
Midland Trust Co.,
New
York.
The proceeds of this loan
were
added to the
company's cash balances/ This $1,000,000
collateral note is due $500,000 in 1946 and $500,000 in 1947.
To the extent that the net proceeds are received by the company, it
is expected that they will be applied to the reduction of the com¬
pany's loan. If such net proceeds should exceed the amount, required
to extinguish the obligation (to wit: $1,003,750, plus accrued interest),
such excess will be added to the. company's working capital.
give
not
stock
common
100,060 shs.
.600,000 shs,
50e)__——
(par
mortgage
1944.
$3.61
Kansas City Southern
■'
,•••.;
•
...
stock
Purpose—On July
propose
a
of
cumul, conv, pfd. stock (par $20)
Common
•
effect to assignments or transfers of such
certificates or claims, made since June 1, 1944,
unless due notice in writing of such assignments or transfers shall
shall have been
received
by the reorganization managers at • their
office at 345 Madison Ave., New York 17, N; Y. on or before Nov. 20,
$3,195,528
131,250
$3,911,076
425",000
____
share—
432.
!
'
per com.
Dividend—
making distribution of such dividend,
in
mortgages,
Other
—;■
managers
further liquidating
mentioned claims,1 and 1"
will
managers
,991,211
7,679,140
$1,048,607
43,750
$1,217,317
*___
dividends
Preferred
—V.
2,407,588
—
■'
780,000
2,058,888
240,000
__
reorganization
1944,
share
preferred stock will be:
the offering of the
(3)
Authorized
and mortgage certificates guaran¬
mortgages
issued
theretofore
each
for
and,
.
1,455,576
29,467,797
1,465,336
11,433,561
500,633
employees
above
that
(b)
as
to
Daprec. & depletion _2__
conditions
28,917,374
32,839,111
.10,095,175
12,204,907
salaries
Contingencies
$76,062,460 $77,720,159
$26,303,198 $26,692,499
expenses
Wages- and
1944—9 Mos.—1943
'
1944—3 Mos.—1943
_______**
materials,
Raw
'■■■■: V
Subs.)—Earnings—
(&
Corp.
Period End. Sept. 30—
A;1-'/-
:
stock
the
and
,
(with respect to which claims against the com¬
who have assented to the plan of reorgan¬
.
the
20,
the
on
$42,612,362 $39,960,698
•
•
Johiis-Manville
Net
1944—40 Wks.—1943
1944—4 Wks.—1943
$4,669,009
$3,969,984
Period End. Sept. 30—
Retail
about
,
of
forces.
Capitalization—'The capitalization of the company as of July 31, 1944,
giving effect to (1> the amendment of the certificate of incprporation authorizing
the creation of the preferred stock and the
common
stock
(par 50c), (2) the issuance of 2 shares of common
allowed)
states.-
that
Dec.
(a)
Higher—
to-holders
this company
by
Trailer
Highway
the
.(b), approximately 58%
Co,, which is chiefly
and
therefor,
parts
of
the
armed
the
Vice-President—
E.
notice
A
in
after
Lawyers Mortgage Co.—Liquidating of
teed
stock
common
manufacture and sale of truck-trailers of all types
and parts and accessories therefor.
By far the major portion of the
production ,of both of, these companies is •currently for the use'of
this year, and in each
30, 1944 amounted to
Davis, former Special assistant to the Secretary of
Navy, has been
elected Vice-President in charge of the, legal
public relations department.—V. 160, p. 1737.
pany
Inc.—Sales
Co.,
Tea
the
engaged
record Nov. 10. .A similar amount
on
Kroger Grocery &• Baking Co.—New
ization
Jewel
of
$1.25
'
1403.,
p.
paid
Jacob
94,022
/
income
the
on
Feb. 25, May. 25 and Aug: 25,
quarter during 1943.
Arrearages as at Sept,
$3.25 per share.—V. 160, p. 1577.
$225,685
Net
9,700
deductions
Income
accumulation
of
account
on
was
Trucks',', .and
"Autocar
/ -
i dividend of $1.50 per share
$5 prior preferred'stock, no par
declared
25
Oct.
on
value, payable Nov. 25 to holders of
$336,471
3,276
___,
Retirem't
Other
$1,320,814
$121,626
19.G91
revenues
Maintenance
directors
The
1944—12 Mos.—1943
1944—Month—1943
period End. Aug. 31—
Dividend—.,
(G. R.) Kinney Co., Inc.—Accrued
(& Subs.)—Earnings-
Jamaica Public Service Ltd.
Monday, October 30, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1864
•
pany's existing facilities will not require substantial reconversion,
although it expects to improve and expand them,
'
The eomnanv has recontlv announced -'he .tr.n»urura*ion
of a new
line
of
pre-school and educational toys.
In addition, the company is
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4329'
160
cumulative preferred stock.
Bids will be received by the company up
12 o'clock noon, EWT, on Oct. 30,
1944, at 61 Broadway, N. Y,
investigating the possibility of manufacturing or distributing ot,her
products, such as air compressor units and electric fence controls ■ f
for
of Aug*.
as
stock
Common
(par
$10)
—
Company has outstanding $45,000 4# serial mortgage notes,
anticipated that these notes will be retired by Feb. 28, 1945.
VT Loan—On Jan. 24/1944, the company entered, into a
credit agreement with Fidelity Union Trust Co. and The Cha.se
"VT"
loan
the
with
maximum amount of $2,000,000,
guaranteed by the Navy'Department, subject to certain conditions,"up
to
75%• of the amount loaned.
Company may borrow under/s.uch
agreement, up to June 30, 1945, but the latest date of maturity of
any loan is June 30, 1948. V The rate of interest is Vk'lo
per annum.
As of Aug.
31,11944, the company had borrowed the sum of $1,200,000
under this agreement.
"
•.
•
for
company
shares
names of
of them has
each
which
Name—
/''-
/
Gross
earns,
Oper.
exps.
Marache
Emanuel
A.
C.
&
Net
-V.
&
/
13,17.9
;
A,
less
sales,
Sell.,
gen,
Net
$3,011,482
—
of goods sold—.
& admin,
4,030,460
profit iroin oper.
$1,354,341
49,803
$508,712
26,228
.
557,988
517,212
163,600
164,413
for
*754,470
125,000
*377,782
Fed.
income tax
$123,825
$282/86
72,000
profits tax
198,000
$340,780
198,000
,
ment dated
profit
paid„.
—
'
:
refund
net
Federal
of
Balance Sheet
,
Assets—Cash
taxes
at Aug.
as
on
banks
and
income
certificates .of
•
Oct.
Mokan
shares
B
182,489
24.
for
shares
Co.—V."
the
of
160.
the
as
relating
to,
987.
p.
date
decrease
182,490
shares
trust
Missouri-Kansas-Texas
'Purchases
of
The
This
for
bonds
new
securi¬
Mr.
be
conditioned
with the, SEC
a meeting held
Panhandle
of
Eastern
Pipe
'
,
An
the
Net
amendment
ry.
shares, of
100
Marine
Midland
mated
can
Club—Price
Trust
at; $1,525,000,
value
par
Co.,
in
of
MacColl
facilities
and
said
the
operation.
sale
that
operated under
a
his company's worsted
the present management.
new
Louisville & Nashville RR.—To Pay $2
Oct.
on
declared
19
dividend
a
of
Dividend—
$2
common
capital stock/payable Dec* 12 ,to holders of record Nov. 10. This
compares with $3 paid on Aug.' 30,. last, and $2 on March 3," 1944. -In
1943, the following payments were made; March 3, $2; Aug. 30, $3,
and Dec, 24, $2.—V. 160, p. 1527,
/
small
the
escrow
Oct.
on^
items.''
r
most
for
Co.—New
19
on
of
the
its
of
1944
company's
financial
announced
records
Oct.
on
fiscal
the
for
Oct. 7, pending completion
Robert W. Wolcott, President,
1
■
'v
year,
23.
1944.—V.
160.
1189.
p.
1941
1942
.
$1,196,713
$501,552
733,288
269,332
139,526
67,546.
8,408,736
3,915,554
6.019,311
4,820,020'
1,977,821
1,292,991
1,457,351
994,774
Central-RR.—Earnings—
1944—Month—1943
1944—9 Mos.—1943
$1
61,645,051
oper,' expenses
43,013,540
tax
accruals-
.
and
facility rents
-
Net ry,
,-
-
$
$
59,941,559 545,409,441 528,509,463
43,481,080 339,730,471 339,289,335
8,139,603
89,773,193 106,797,026
11,719,614
joint
1.455,945
1,817,362
14,322,841
13,482,100
5,455,952-
51,582,936
.14,914,450
68,941,002
.1,657,413
'6,503,514
.1*646,132
7,113,365
8,149,646
66,497,386
83,445,938
130,514
2,705,701
1,096,334
'6,786,874
8,019,132
63,791,685
82,349,604
3,696,113
3,857,846
35,250,788
34,689,663
3,090,761
4,161,286
28,540,897
47,659,941
7,745,279
4,194,400
53,941,556
71,185,320
r
inc.—
oper.
Other Income
income—
Misc.. deducs.-
Debenture
//
f
from
avail,
charges
Total
,
inc.
for
>
14,504,936
.
326,491
-
fixed
——_
fixed
Net
charges
inc.
after
charges
,
fixed
;
*
i
-
,
7
*Incl.
Fed.
cess
—V.
inc
&
ex¬
profits taxes
160'.
1406.
p.
New York Chicago & St* Louis RR.—Galls Bonds—
Perfected—
Product
on.
have
r
Ail
nature,
and
reason
not
The
S.
approving
New York
The
SEC
on
120,237
Appeals,
on
81,676
89,470
2,026,232
Trust
have
interest.
Co., trus¬
two days of argument,
creditor and' stockholder
by
1944, .order of the Federal District Court of
the plan of reorganization for the road:—
6,
State
Electric
&
issued
order
Gas
Corp.—Sale of Pat•
..
Oct.
18
an
permitting
,
the
(1)
by
sale
into
which
individuals,
one
these,stocks may
of
associate
an
whom
is
company
be reclassified)
Vice-President
a
of New
of
to
a
group
Pennsylvania
York State Electric & Gas
Service Corp, to New York State Electric & Gas Corp. for $L—V.
631.
,
160,
,
1,761,031
862,558
833,529
584,457
New Yoijk Susquehanna & Western RR.—Interest Pay¬
7.64,662.
609,258
,
after
appeals
p.
2,193,058
4%),
and
Corp. and Patchogue Electric Light Co.; (2) the sale by The Patrhogue
Electric Light Co., of 490 shares of common, stock of Atlantic Utility
122,768;
67,100
10-
Electric. Co..
$248,499
•
by extension
was
101
a consideration of $625,000 in cash of the entire
capital stock of Patchogue Electric Light Co., consisting of 1,000 shares
(no par) preferred stock and 11,000 shares (no par) common stock
1941
$255,691
"
at
the. corporation for
.
92,422
due
1937,
1406.
(or securities
$275,629
of
decision
from, the March
160,- p.
of
1942
bonds
1,
1944,
24,
chogue Unit—
.7
1943.
Oct.
to
Nov.
>
of
.
prior
of
as
'
Circuit. Court
reserved
Connecticut
V.
Aug. 11, this year, on the common
■
rate
PI911—
on
U.
Oct.. 20
groups
*
post-war applications,
.
"(interest
redemption
New York New Haven & Hartford RR.—Decision Re¬
.
served
uses,
is
outstanding first mortgage 3Va%
1947
Payment will.be made at the. Central Hanover .Bank &
tee, 70 Broadway, New, York, N. Y<—V. 160, p. 1740.
-
on.
this
for
the
1,
been called for
v
..
of
Oct.
on
perfected
is-limited, to. military,
resin
new
secret
a
1528,
P.
1943
revenues-
oper.
,:'Railway
,
25, cents each were made on Feb. 15, May 12 and
stock, from the earnings of Lukens
Montour RR.—Earnings—
and its subsidiaries, By-Products Steel Corp. and Lukenweld, Inc., for
.September—
7
1944
the first three, quarters of their 1944 fiscal year.
■
v
Gross from
railway—, $258,413
The announcement, further went, on to say;
• /
-Net frojn .railway93,150
"The
trend
of
earnings during
the 1944 fiscal year
has been ,*
Net ry, oper/income_„_
71,408
considerably below that of the 1943 fiscal year. The lower net income
From Jan. 1—
'
this year was not due to a decrease in physical volume of output,
Gross from
railway—__
2,288,761
which is above that produced last year, but to changes in types and
Net from, railway———
809,975
costs of materials required for the war effort.
These changes oc- .
Net ry. oper. income'—
596,403
'curved" at a time when Lukens, in common with most other steel
—V. 160, p. 1405.
producers, was already adversely affected by rising costs not offset
by an increase in selling prices which remain frozen at pre-war
Distributions
20.
10,
for
1406.
p.
Equipment
.
year-end dividend of 75 cents per share, has been-declared on the
common stock, par $10, payable.. Dec,' l. ;tp holders of record. Nov. 10.
Distributions of 50 cents each were made on March-i, Jqne 1 and
Sept. 1. this ; year. 7"," 7 ;
.*.■
' 77,:. ■ .; .77
•
77/.,
Payments in 1943. and in 1942 were the same, as those in the year
ended
year,
160,
$1,298,242
715,336
459,542
income—.
oper.
160,
Railway
Year-End Dividend of 75 Cents—
a
a
*
A
regular meeting of the board of directors action was deferred
declaring a dividend on the common stock for the fourth quarter
At
1944
$1,077,750
.
<g
filed Oct. 25 with
its technicians
announced
the
of
of
are
evaluation
-
Lukens Steel Co.—Dividend Action Deferred-—
1943.-r-V.
tho
on
record Nov.
$1 on June
total of $3
(Including All-Leased Lines)
underwriter for the t
debentures .and 213,000'
•
output
which
of
makes
883,965
from
ry.
is
"
present
of
available
in
and
share
per
last,
Northeastern RR.—Earnings—
Period End. Sept. 30—
synthetic.;resin,
-The
1944,
paid
as
income—.
oper.
10,
$1
9,
4,206,908
-
York, will hold the proceeds,1 pstiuntil construction of. the rate pi,ant
.
on
same
railway——-.
New York-
opened to thq, plastics fabricator,.,whose mass productoin output "
is now very largely limited to small items such as table radio cabinets,
telephone .cases, instrument housings, tahleweaf, compacts and, kindred '
-
share
per
March
Sept.
on
205,532
—V.
t
directors
the
paid
holders
10,829,230
beeri
The
cents
of
to
9
104,279
.
which, "when"properly." u^sed. in a lqw-pressure
lamination process,, will all but .'eliminate size as a restrictive* factor
in post-war plasties.
/\.
7
In effect, the company said, this means "an entirely new field has
the. cotton and rayon
plant will be retained gnd
"Boston News Bureau").
involves
only
50
on
dividend
Net/ from railway.:—,
New
Chemical
company
50 cents
Pay $1 Dividend—
a
payable; Dec.
stock.
common
Monsanto
The
with
'
9,718,312
to be accompanied, by
stock, is set at $1,001. "
Goodman, - Inc.,
of New York
10-year 67"
cumulative income
$1,600,000
shares
of
was
...
&
1740.
p.
$1,000 debenture,
begin,
Bond
.
cent
one
ago.—V.* 160, p. 1740.
year
railway—.
Gross
:
.
each
on
-
1528.
p.
the registration statement
••/ / /
to
offering price
corresponding
From Jan. 1—
;
Inc.
SEC.
The
Jockey
160,
;
Reduction—
RR.—Debt
treasury.—V." 160,
Park
a
declared
$25,
from- railway—-.
from
Total
Monnyouth
Offermg-
the
for
.
Association—Output Off 0.67%—
September—
,
posited in the "Katy"
have
par
1944,
year
Net
,
announced
continued
on
and
Gross
by this road of $350,000 of its prior lien D 4'/2S of lp78^
30 and Sept; 30 reduced the amount outstanding on this a
issue to $5,688,006, the company" reported, to "the "New York Stock Ex¬
change/.. The cost to the company, including $875 commissions,;-was
$225,448. /Of the total, $199,000 was canceled anc! $151,000; was de¬
Raylan Mills, .Inc.
Approximately the same type
as at present with work given to ap¬
proximately 800 employees.
He has no present intention of selling
the plant, said Mr. Ziskind/but if there is any decision to sell, the
will
stock,
compares
1944,
agree¬
goods will be manufactured
yale
directors
common
between June
total, $5,571,334.
week
1.21%—V.
which, until April 15.
exchange their shares of
; ;
.<
of
from
to
stock
common
12,619,889 vkwh.
the
for
New Orleans &
mortgage
right
the
have
the Electric Association reports electric
is an increase of 319,693 kwh., ov
This
of
New Jersey Zinc Co.—To
the
1944.
will
>
Association—Output—
........
ago.
shares
a
relating, to
Central Hanover Bank & Trust Co. is prepared
transfers at its main office.—V. 160, p. 1528.
Nov.
production
R. H. Alex¬
on.the board.—
Manager.
vacancy
Association
Railway
of
name
536,614
termination of the voting
first consolidated
old
stockholders
Line
that arrangements have
been
completed for the sale of the company's cotton
and rayon
manufacturing division to Jacob Ziskind of Fall River, Mass.
.
Mr. Ziskind said that he will continue operations of the division
the
.
relating to
the
to
set
25.
1945.
Lorraine Mfg. Co., Pawtucket, R. L—Sale—
of
•
A
series
seyies. A
with the
a
.
reports number of kilowatt hours available for its
week ended Oct. 21, 1944, as 64,770,040, compared
w)th 62,207,348 for the week ended Oct. 23, 1944, a decrease of 0.67%.
Comparable figure for the week ended Oct. 14, 1944, was 64,762,500,
•
of
Oct.. 20,
kwh.
12,939,582
year
territory
Sept/1, 1944.
.
under
week ended
the corresponding
The
due
on
President
General
.
New England Power
par)', with authority to add to the list: (1)
(no
a
in
000
the
of
series A.
bonds,
registration statement to be filed
becoming effective the directors. of the company, at
^
MacColl,
income
(no par);
stock
such
Subject
payable .to banks,fc$l,200,000; accounts payable,
trade, '$278,966;
miscellaneous
accounts payable,- accrued
salaries,
taxes, etc., $128,758: amounts, withheld from employees for purchase
of war savings bonds (net), $3,315; 47*
serial real estate mortgage
notes'of 1940, $45,000; reserve lor Federal taxes on income (less U.- 3. ,
Treasury tax notes, series- C, of $'160,000), $706,667; reserve for con- '
tingencies, $165,000:
unearned' income,. $18,757; ■ capital stock (par
$10), $1,800,000; earned surplus, $1,224,871; total, $5,571,334.—V. 160,
p. 1737.
■
-•/
\
A.
listing
Net
Liabilities—VT loan
Norman
the
Missouri-Kansas Pipe Line Co.--~Exchange Date Set—-
31, 1944
$2; deferred charges, $73,079;
$1,319,780; patents,
and
»
fully registered form,
hand, $1,383,420: U. S. war and
defense bonds, series G,
$120,000; accounts receivable (less, reserve
for doubtful accounts of. $20,766), $866,924; merchandise inventories,
$1,636,136;
investments,
$32,500;
other assets,
$139,492;
property,
plant and equipment (less reserve -for depreciation of $2,434,554),
in
authorized
cumulative income bonds, series '
' ...,
issued
effect
more
160, p., 1298.
output for the Oct. 20 week is reported at 121,908,000 cu. ft,,
increase of 6/62,000 cu. ft., or 5.32% above production of 1.15,746,-
an
in accordance with the Plan of Reorganization is being'
by the Guaranty Trust Co. of New York, it is announced.
In order to facilitate the transfer of the newly issued general mort¬
gage 47c
income bonds series "A" due Jan. 1, 1991, issued only in *
$500,559 234,000',
little
a
President, Etc.—
President
York, has been elected to fill
/
of
handled
-——
in
Gas
.
stock
Exchange of
28,251
applicable
thereto.
tThiS amount
calculated
alter
deducting debt retirement ■«
allowance for full amount of post-war credit.
fNet of post-war refund
amounting tq $83,830.
§Net of post-war refund, amounting to $28,200.
-Renegotiation
elected
above
New Bonds.Ready for Issuance—
to
Net
Dividends
has
,
connection
in
arranged a
the first.six-
company
needed for the debt retirement—V.
was
2199,
p.
the
week
upon issuance in the event the Canadian Pacific Ry.
option as to stock represented by. voting trust certificates
B;
(2)
719,104 shares of common stock upon notice of
series
issuance
lor Federal excess
Prov.
For
its
of
the
ago
indicating that only
New England Gas & Electric
stock
ties
/Prov, for contingencies
trust
common
normal
& surtax^
Exchange
trust certificates
exercises
325,761
80,000
deductions
Prov.
37,315
.-.§253,800
Other
$1,404,144
Stock
1971;
1,
common
voting
-
221,172
$534,940
been
output
York
Voting
its
$1,075,742
"78,888
$908,657
25,683
40,000
income
.
Jan.
(d)
of
..
Total
$2,156,903
$20,129,000 general mortgage 4%
l. 1991; - - (c) Voting.; trust certificates of series
$1,017,549
58,193
$853,583
55,074
$1,180,150
$151,057
—.
(b)
-
$5,185,517
3,393,372
,774,596
$5,442,030
6,148,118
195,975"
exp.
Other income
$8,019,671
.
2,306,795
;'.
4,921,293
$300,666
151,
$7,078,196
5,886,997
Jan.
re¬
turns,,.'etc
Cost
$7,067,147
718,241
V.
1527.
p.
of its'common
'43 Feb. 28/42
$1,018,907
865,248
earnings
160,
due
.
Years Ended-
Aug. 31, '44 Feb. 29/44 Feb. .28,
Gross
$1,016,305
also
ander. New
;
19.44—7 Mos.—1943
oper.
rJa) 88,051,700, first mortgage 4Va%-
Comparative Statement of Income
—-
has
Currency)
deprec._
&
The- New
13,179
6 Mos. End.
Canadian
following securities:
26,356-
—
——
———
weeks
SI,000,,000. annually
years,
V..M.. Alexander of New York and Cleveland, Chairman of the board,
Minneapolis St. Paul & Sault Ste. Marie RR.—Listing
of Securities—
/■*
Inc.——
Co.,
in
(& Subs.)—Earnings
2.53%
Shares
Lord
&
Co.—,
Allyn
Some
payable
seven
„
,
Granbery,
from
.
number of
'
than half the loan
specify the interest and dividend rates.
Period End. July 31—1944—Month—1943
<■
a
the underwriters and the
agreed to purchase, arc:
Underwriters—The
to
are
(Expressed
regulation
Bank, New York, under which .the banks have entered into a
bidders
Co.
credit,
1632.
p.
Mexican Light & Power Co., Ltd.
,
revolving
National
160,
&
Hentz
bank
National Tile Co.—New
180,000 shs.
It is
200,000 shs.
.
—V.
Outstanding
H.
and $9,000,000 in
years
The successful
1914
31,
Authorized
by
$15,000,000
City.
^
Capitalization
pared
'to
farms.
on
use
1865
625,342
ment Authorized—
.
In
,
1943, the company paid the following dividends on
Feb. 16, 25. cents; March 11, 20. cents; and. May
stock:
and
Nov.
15,
25
cents
160,
each.—V.
p.
1527.
the common
15, Aug. 14
_
p.
was
.
Maine
The
Central
'
-
:
'
is
This
from
holders
The/ate
■
Vice
company,
President
-lytr." Green
,
Elastic
-
division
a
H.
Porter Co,,
K.
Green
in
in
Stop
charge
of
the; past
Nut
Co.
sales.
the
to
.
served
year
For
Inc.,
Railway
as
previous
10r years
of
of the
the positiqn, of
' •";""/'
Sales
he
at, the, rate of 5% per annum as-„ heretofore) until the further order
Court,, '
'
»
'The Plan of Reorganization which was recommended by the Inter¬
state Commerce Commission, on Jujy 19,-1944, provides for interest on
the new or extended Terminal first mortgage bonds at the rate of
4%. „pei\, annum from" Jan. 1, 1944.
If the plan is consummated in
'
Pittsburgh,
Manager
was
,
of
its
associated
position, being
160, p, 834;
been
made
to
the
ICC
for
^.
approval
.
of
the
of
this year.
—V.
-The board will announce a successor In
1739.
" * "
"
'7
160.- p.
,
•
David
Kansas
,
the
T.
Beals,
City,
Insurance
Mo.,
President
has
Inter-State
The
.
.
Corp.
Edison
Co.—Public
Invitation
fpr Bids
-
»•
Company is inviting bids for the .purchase from, it of. (a) $24,500,000
first mortgage
bonds," series due 1974, and (b) 125,000 shares of its
of
the
elected
has
Loan
7
future.
to
form
interest
insofar as
May
interest
of
1,
1944.—V.
at
the
160,
'
Northeastern Wader
The
;
N.
7
Co.
National.
Bank
on
the
Terminal
first
mortgage
p.
rate
of
5%
per
annum
1529.
from Jan.
■
1,
.
sold
the
City-for
The .transfer will
More Stock Issued
common
stock
on
Oct.
stock,
20
Co.—Declares
declared,
payable
Nov.
a
Dividends—
dividend of 25 cents per share
6 to holders of record Nov. 1.
distribution
was made on May 5,
last.' *
quarterly dividend of $1 per shave on the $4 prior
preferred stock was also declared, payable Dec. 1 to holders of
record Nov.
15.—V. 160, p.
1298,
of
trustee,'
usual
Kansas.
on
an
Nqrthwest Airlines, Inc.-r-Amends Application—
The, corporation
on Oct. 20 disclosed it has ampnded its application
air„routes to Alaska and the Orient to include New York, Detroit,
and Washington, D. C., three of the major eastern cities, on its pro¬
posed domestic routes.
Chicago hqd previously been, included, in its
Bluegrass
Distillery, at. Gethsemane,
to the Hampier,. Copper
wgs -recently aneffective qn. Nqv13/
capacity,
unstated
become
.
price, it-,
Conversion of Debentures—
of the 3Va 7o
convertible debentures, wpre converted
in'advance of the retirement of the outstanding
issue, totaling $13,289,000, on Qct. 20, it appears^ frqaj^a purvey pre¬
into,
common,
for
gallons* monthly
About $5,700,000
directors
similar
The
Y.—New, Trustee-
Inter-State
a
of
the
on
Products, Corp.-^Sells Distillery—
of- New,- York
nounqed.
Purchase of Securitiesr—
€0.
of
been
Cattle
corporation
Ky.,'with 66,000
Earl A.
•
"
near
He is, also* President
City, a member of the
Executive Council of the/American Bankers Association', and, Chairman
of the Kansas City War Finance Committee.—V..
160, p, 630.
of
Merritt-Chapman & Scott Corp.—New President159,'p. 449.:
the,
A
Life
Mutual
^
National Distillers
Lewis l: Smith has been elected President to succeed, the late
1944
Miller McClintock will, retire as President o| the MutuaL Broadcast¬
ing System at the termination of "his present* contraet. 'hefqre the .end
plus treasury funds as may be necessary in order to accomplish
refunding. New bonds would be sold at 98Vis as follows: $3,000,000
John Hancock Mutual Life Insurance Co.; $1,500,000 to Aetna Life
Insurance Co. and $4,500,000 to Kidder, Feabody & Co., latter for re¬
160, p. 1738.
present
...
;
;
to
/Application 'has
..
bonijS; is concerned/an adjustment will be necessary incident to- the
issue 'of the new securities, so qs to compensate for the payment that
Mutual Broadcasting Co.—President to Retire—
;
the
Metropolitan
of
4%, per annum from May 1, 1944 to that date 011 the $2,000,000 of
Terminal first mortgage, bonds outstanding, and thereafter on May, 1
and Nov.' i of each year at the rate of 47o per annum
(instead of
.
•
with Union Asbestos & Rubber Co., Chicago, 111., his last
Assistant Vice President, in charge of railroad sales,—V.
issue
for the
>*
^
general mortgage bonds is required to permit <■
refunding.
T
"
*
*
The road
proposes to issue $9,000,000 of first mortgage and collat¬
eral 4% bonds, series B, due Dec. 1/1954, using proceeds from this
Banister.—V.
meeting voted to reduce the board
w. C, Brock will not' be replaced
1634.'
p.
has been made
of
the
sale.
12.
160,
RR.—Refunding Plan—
seeking
principal amount of the
isue.—V.
at their annual
from
board—V".
Pa.; announces the appointment of George
r
$9,923,500 general mortgage 4ya
bonds, due Dec. 1,, 1960, assents to a plan for refuriding
the $9,878,000 first mortgage and collateral bonds, series A, which; mature on Dec. 1, 1945.
Written consent from holders of a majority -in
company
members
the
for
Mt; .Vernon Car Mfg. Co.—-New Vice-President—
,
back in the bus business on Oct, 22
signal from the War Production Board.
833.,
11
on
after
getting the "go-ahead"
The
company halted bus
manufacture 21 months ago when the Navy
requisitioned Mack's Allentown, Pa. bus plant, one of the largest, in
the country, and converted it to the production of airplanes.—V. 160,
corporation
The stockholders
.
to
-
,
Inc.—To Resume Bus Production—
Mack. Trucks,
This
Pusuant to Order No.
289
dated Oct.
20, 1944, entered in the
reorganization proceedings of this company in the U. S. District Court
the' District'of New; Jersey, Henry K. Norton, trustee has been
authorized, to, pay,on Nov. 1, 1944, six months interest at the rate of
Motor Wheel Corp.—Board Reduced—
levels."*
application.
-
•
-
'-
-
*
The, amendment to the Orient application, also calls for additional
stops at Hongkong and, Singapore, with, Chungking being eliminated.
Northwest already has asked the CAB for authority to. complete its
.
,
.
coast-to-coast route from Seattle and Portland by an extension into
Detroit, Cleveland and New York, and to operate from Chicago to
Washington, via Dayton, Ohio.
. —
Final hearings on the "Alaska applications have been set by the CAB
FINANCIAL CHRONICLE
THE COMMERCIAL &
1866
1945.
tentatively set ,for January,
Amends Certificate—
-
.....
—
application for air • routes. to
York; Detroit and Washington,
D. C,
Chicago had previously been included in its application.
The
application, filed with the Civil Aeronautics Board, also calls .for
corporation- -has . amended its Alaska and the'Orient to include New
The
with Chungking being
and Singapore,
stops at Hong Kong
eliminated.—V. 160, p. 1741.
additional
■„,■■-
Operating revenues —
Operating: expenses•--Federal
taxes-
taxes
Other
'44,30525,000
-
res. approp.
of ltdi-term inv.
Prop.: ret.
Amort,
Net
$71,316
$928,175
203
11,967
$71,519
33,742
$940,142
418,858
$1,142,322
427,863
$35,825
$37,777
pfd. stocks for period——
$521,284
334,245
$714,459
33,628
(net)
v.
Net. income —
Dividends applic. to
160,
334,241
Simplify Company—
24 a series of transactions designed to
structures of the company and a major sub-;
sidiary. Metropolitan Edison Co. of Reading, Pa.
•
The Commission reserved jurisdiction over the results of competitive
bidding and the $24,500,000 of new bonds and 125,000 shares ($100
par) cumulative preferred stock to be offered by Metropolitan Edi¬
approved on Oct.
SEC
The
the corporate
simplify
Co.
son
-
Edison Co.'s request shorten¬
for competitive bidding on the new securities from 10 to
ing the period
days.
Jurisdiction
five
;
reserved over the payment of
was
expenses
provisions of the
„
,
,,
also
of counsel.
Transactions which the Commission
and
Authorized
Holding Company Act include:
Mohawk's bonds..
Pacific
for
transfer
shares of $5
5,097
ties:-
cumulative \ preferred
$6
shares of
cumulative preferred stock, 81,220
6
cumulative
stock, and 9,412 shares of $7
1635.
p.
Summary
Tota} gross oper.
Total 'oper.
revs.T
expenses-
record Oct
to holders of.
15
Net. oper. revenue____
Misceila neous
31.
1190,--
.Electric. Co.—Hearing on
Oregon Gas &
_
set Nov.
has
SEC
The
."expense
10 for
Company
sell all its electric properties in Clatsop,
to the West Oregon.Electric
for $130,000 prior to its dissolution.
would
Columbia
tive, Inc.,
the-earnings
earnings.
30, 1944—
The
it was announced on Oct. 20, has purchased
stock of The Toledo Automatic Brush Machine Co..
company,
-as
a
of
separate unit.-.
The
directors
•/-■
-
its
Oct. 20
on
This
York;,
sale, had
'Continental on Oct.
previously been'approved by. the directors-of
Oct. 31.
Profit
and Loss
Statement
1943 t
1944
Years Ended Sept. 30—
$>";
165,417,595
royalties and other operating revs. 178,165,347
""Cost of sales, royalties paid,- patent, develop.......
menfc and other operating expenses
—__
137,785,138
Net
sales,
40,380,209
12,541,088
.Mfg., profit and net operating revenues
Selling, general and administrative expensesInterest
on
Provision
for
Premium
on
Sundry
'. Balance
Other
;
.
profit
Earnings
669,852
858,079
26,273,980 .28,105,596
1,409,363
1,400,000
4,461,620
3,893,900
11,777,500
13^346.270
20.846
Trust—
34,278
for:
foe
Number of shares
of
*
—_
Renegotiation refund for the .year
p.
'
Federal income tax and surtax
Federal excess, profits. tax__._
State and foreign income taxes
Net
27,435,744
25,415,901
Payments to Service Retirement
,
65.469
583,022
164,500
—
_
,;
84,994
i
Total
1,525.936
3,788
——
__
7,893
579.000
1,646,521.
—_____
'and losses—
income
Provision
T9~910
2.
doubtful accounts
debentures retired
expenses
11,399,598
588,500
—
—
.
Management bonus
—
Cash discounts on, sales——_
41,771,032
89.375
debentures J
Other- interest
per
'period—'_
—
61/180
1942—
_
.outstanding at ehd of period
share
;
—
8,543,471
.
2,661.204
'
$3.21
•
100,000
488/901
s
'
285.695"
•
Harriman
•:
Ripley & Co.,
1,037,142
22,645,080
14,851,079
10,791,730
1,270
1,643
2,113
22,345,734
22,265,948
22,461,524
.
9,431,148
'2,661.204
•' $3.54
.—————
expenses
^nd other charges for the
was
periods
•
J.
J.
The
business
outside
of
———
Kalinan
a
gas
-requirements
v
.
100,000
"200,000
1
.
Sheet, July * 31, 1914
"/■'/
,
.
.
.
Consolidated Balance
i
■Assets—-
""
'
'
security investments—at cost____——
——
investments—long-term contract?, etc.——
Other
Other
4,434,914
.*
206,156
220,700
Sinking funds and special deposits—*
Cash on hand, demand deposits, and time deposits
16,564,422
—i
11,764,466
69,212
(U. S. Govt, secur. (at cost)—
deposits.—
—
———,
Temporary cash investment
Miscellaneous
and
Notes
Materials
Total
special
receivable
supplies.——
accounts
and
10,493,706
—
;
—
^
.
—'
/
charges"
Deferred
-5,940,023
14,621,050
——$894,405,079
————
Liabilities—
First
preferred
stock
Common
•
.
stock____,—;
——$144,270,625
....
156,533,925
/
^
stock_^
interest in subsidiary consolidated—
Premiums received on capital
•
Minority
Funded debt
(held by public)
Matured funded debt
California.
distribution system and .purchases, substantially
from the company.
..
Company owns and operates 50 hydro-electric. generating plants,
having a total installed rated capacity of 1,416,809 horsepower, and
gas
200,000
Property, plant and equipment——^——^__^.$829,200,410
Investments in capital stock of subs
T
889,111
* •
1
unpaid...—
payable
—
outstanding _—1—
Customers' meter and line deposits
—
Z
Drafts
-
payable
—
due
interest—not due
,
Accrued taxes for currfent and prior years———
Dividends
Bond interest
Accrued
r
_
,
bond
Reserve for
6,574,495
for
Reserve
.
casualties, etc
for amo'rtiz. of hiv/ in Stand., Pac; Gas .Line,. Inc..
Earned
Capital
pensions—
for insurance,
surplus* i———_L—lzlJ.
surplus
^
—
' ' 49',350
4,353,969
682,480
2,560,971
2,102,581
122,570
2,003,275
36.623,319
176,063,487
depreciation and amortization.
Reserve
\ Reserve
288,650
17,568
302,341,500
—
Accounts
is
operates
its
Inc.
Co.,
Keen, Taylor & Co.—
,
estimated
all
&
100,000
Woodard-EIwood & Co._*
200,000" "Yarnall & Co.———^
Co
Robert C. Jones
,
Company's
and
-■
■
,
of the gas customers were
population of 250 or more; in most of which electric
also distributed.
Company also, sells electric energy at wholesale to various corpo¬
rations, municipalities and municipal -agencies, for distribution and
sale in a number of communities.
Also the city of Palo Alto owns
of,Chi-
1,000,000
200,000
200,000
Johnson,, Lane, Space &
'
Co., Inc..—100,000
Johnston,. Lemon & Co., .250,000
cago
.
electric transmission system is interconnected and sup¬
plies distribution systems extending into 46 counties of the northern
and central parts of California.
Company distributes electric energy
in 137 incorporated cities and
towns, 235 unincorporated communi¬
ties (each having an estimated population of 250 or more)
and an
extensive rural area.
Company ■ distributes gas in 101 incorporated
cities and downs and 85 unincorporated communities (each having an
Co.—
Janney & Co._^———,/
commercial, industrial agricultural and munic¬
Company is also engaged in the business (from which for the 12
months ended Juiy 31, 1944, approximately 0.6% of its gross operating
revenues was
derived) of distributing and selling water in 15 cities
and towns and certain rural areas, and producing and selling steam
in certain parts of the cities of San Francisco and .Oakland.
The only
active subsidiaries of the company are Western Canal
Co., which distributes and sells water in certain rural areas, Valley
Electrical Supply Co., which sells electrical appliances in the .cities
of Fresno and Bakersfield and Arlington Properties Co,,- IAd., which
owns
certain non-operative, properties.
•
Neither the company nor any of ite subsidiaries carries
on any
&
Co.
Illinois
.
Weeks— 1,000,000
Hutton
E.
W.
250,000
Hilliard & Son_
B.
Hornbiower &
,
incorp, in California Oct. 10,
utility engaged, principally, in
distributing and selling electric
that approximately 94%
100;000
700,000
200,000
200,000
Hill, Richards & Co.
.
700,000
Tucker, Anthony & Co._
700,000
Union Securities Corp.— 2,250,poo
Van Alstyne, Noel & Co. „ 100,000
Victor, Common, Dunn
& Co. —
100,000
G.. H. Walker & Co
*.
500,000
Walston, Hoffman &
Goodwin V—Z_1
V
200,000
Watling, Lerchen & Co.
200,000
Webster & Gibson..
100,000
Weeden & Co.—
500,000
Wertheim & Co._.
700,QOO
White, Weld & Co.^
1,000.000
Whiting, Weeks # Stubbs
700,000
The Wisconsin Company 1,000,000
Dean Witter & Co.—
3,000r60o
Harold E. Woqd,& ,Co._ ' 100,000
,
Henry Herman & Co._T
customers.
electric
Fenton &
Campbell, Inc.——
Hemphill,. Noyes & Co._
,
*It is estimated
Stone & Co.—'
Hemphill,
100.000
Tyson
:
Spencer Trask & Co
400,000
.700,000
100,000
Bruce ,& Co.——
Heller,
250,000
300,000
«
Shepard & "'Co,400,000
Hayden,
2,250,000
Inc.
Swi^ Aiti^rican200,000
3,500,000V'' TowftC^ndu Dabney *&f- "
c
-
•
Hall & Co., Inc. 1,000,000
Ha wley,
-
also
Blodget,
200,000
100,000
3,000,000
Ltroud & Co., lire./—:.
100,000 y Sutrq & Co..—.——
Hayaen, Miller «fe Co.
,
■
Inc.
-
Harris,
33,255,366
250,000
200,000
Stifel,- NicolauS & Co.,
Inc.
——
" Stix & Co.—
7 Stone '& Webster and ,
,
Co.,
&
—
Eallin &, Lee_
•
257,871
1,271,313
Stuart
Inc.
Hannahs,
—' 200.000
Stein Bros. & Boyce__.
Stern Brothers & Co,_—
.
200,000'*
200,000
.700,000
•
months ended July 31,
1944, certain
electric-energy and gas
(all inter-company and inter-department,sales, except for construction
purposes, having been eliminated), revenues therefrom and number
of customers served:
-V *
'
' '
Electric
.
Gas
Sales (KWH and MCF, respectively)—.
--17,427,144,229 131,947,020
Gross revenues,——— $104,207,434 $41,707,621
Percentage of .total gross revenues—..."...au.v' ♦'• 70.9%, \
28.4%
^Number of
customers
1,024,892
750,689
i
700,000
_————'
-
.
Co._ 3,000,000
&
& Son, ,Inc;r—
900,382
table sets forth, for the 12
information regarding sales of
energy
"Including depreciation of manufacturing plants and ainOrtizatinn
leased
equipment:
1944,
$3,691,685;
1943,
$3,672,591.—V.
160,
1741.
/
37,118,671
_
■
123,646,563
-
Lord
Halsey,
"<
817,151':
following
The
Sachs
11,888,596
11,537,450.
807,086-'
13,212,495
for domestic/
& Co.—. 2,250,000
Forgan
Goldman,
Graham, Parsons & Co.
Granbery, Marache ;&
Deane & Scrib-
ner
Smith. Barney & Co._— 3.500,000
Smith, Moore & Co
200,000
William R. Staats Co
500,000
Starkweather & Co
200,000
.
Green, Ellis & Anderson
ipal purposes, and of purchasing, transmitting, distributing and sell¬
ing ^natural, gas, for. domestic, commercial, - and industrial purposes,
throughout a, .large part of the northern and central parts of the
State of California.
,
_
• ■;, •; :>
tV ■!
approved the execution of an agreement
10, and will be consummated as of
Consolidated
eneergy
Singer,
100,000
%
Hallgarten &.Co,
the business
-
Owens-Illinois Can Co., a wholly owned subsidiary, to sell-all .-of
business, property and assets to Continental Can Co., Inc. of New
by
Glore,
45,265,074
Company is an operating public
of generating, purchasing,
1905.
250,000
250,000
332,566
1,893,760
and Business—Company
History
all the
making
The* Owens Staple-Tied Brush Co. also a wholly-owned subsidiary *of
Owens-Illinois Glass Co. which had for many years-owned one-half
the shares-of the Brush company, the other half being owned by the
Machine company.
The Brush company,, which manufactures \tooth
brushes, hair brushes and clothes brushes, will; continue- to , operate
shares
-
250,000
500.000
400,000
Shields & Co
1,000.000
Shuman, Agnew & Co.— ' 200,000
of
—
48,487,654
reflects, in part, the influence of war conditions and
for such periods are not necessarily indicative Of future
'
;
.
above
Corp.
Co.
Nolan & Co.,
Inc.
,
200,000
Neb.'—
55,413,820
388,672
44,992,084
The increase in revenues,
shown
Trust
45,042,705
'. 222,369
in
Net income—
Acquisition—Can Sub¬
Sells Assets, Etc.—Earnings for Year Ended Sept.
First
The
31
893,987
».
subsidiaries
Owens-Illinois Glass Co.—New
sidiary
.
6,601,059
464,690
Co.—
100,000
Schmidt, Poole & Co.—
Schoellkopf, Hutton &
" s Pomeroy, Inc.;
Schwabacher & Co._„_
Chafe. W. Scranton & Co.
Corp.- 3,500,000
First of Michigan
Coopera¬
Washington Counties, Ore.,
200,000
Richards &
Field,
The First Boston
Folger,
1,241
to min.. int,
* 200,000
Lincoln,
18,113,474
income
Applic.
Chapman & Co.
1,000,000
ler
'
•
' ;
100,000
200,000
Co
& Tlardgroye—_
Ferns
taxes on
for Fed.
Frov.
proposed
dissolution.
and
Far well,
issued
31,327,209
Net income-
Dissolution—
a'hearing on the company's
75,014
.
700,000 " '
Co,—/____
Co., Inc.
Fahey, Clark &
48,155,089
465,179
deducts/-
-
&
Clement A. Evans &
t-
55,802,491
11,408,180
37,889,137
-
500,000
r
—'500,000
Estubrook
•
400,000 shs.
r
•'
1,500,000
Co._
&
—
Gregory
Int; ehgd. to const'i-r Cr
-.
- v
Corp.*
1,173,163 Shs.
bond .disc ,&
Other* income
Dillon
Eastman,
Equitable Securities
6,261,357 shs.
.
of
Amort.
100,000
& Wins-
West
low, Inc. ..
—_
100,000
Arthur Perry & Co., Inc.
200,000
Phelps, Fenn & Co
500,000
Piper, Jaffray & Hopwood ———
200,000
R. W. Pressprich & Co.
700,000
Putnam & Co
—.J
;400,000
Reinholdt & Gardner—
100,000
Reynolds & Co.__/——
250,000
Riter & Co.
'500,000
The Robinson-Humphrey
Co. —u——
100,000
E. H. Rollins & Sons «
•:
.
Inc. ———
^^1,500.000
L. F. Rothschild & Co._
500,000
Salomon: Bros. & Hutz- » ;
.
37,964,151
funded5 debt
Interest on
*
Ehrlichman
ElworthyA: Co:_/_——
,
'
300,000
—
.
4,197,662 shs.
Years Ended Dec.
500,000
Co.,
,
1943
1942
1941
$
$
$
$
87,866,008 138,592,685 126,781,614 115,353,944
49,976,870
83.178,865 78,626,525.70,311,240 ■{
_
Grdss -income
n'.The company announced.that "in declaring the dividend of 50 cents •
on
t,he common .stock, the directors* established a. regular ...diyidend
policy .at an -annual- rate of $2r per share, payable quarterly on the
15th day of-February, May,- August and, November of each year."—V; 160,--p.
i ncomel
100,000
&
Co.__———
•
.
&
Dillon, Read & Co.—;
3,750,000
Dominick & Dominick__ ' 700,000
Drexel & "Co'—1.2—_ 1,500,000
Drumheller,
*
Perrin,
'
100,000
200,000
Dickson
S.
of Earnings
July 31, "44
per
Nov.
19,448,000
100,000
Dick & Merle-Smith—
of the
be
Co.—
&
Skaggs & Co.—
Davis,
R. L. Day & Co
•
Corp. unifying and refunding mortgage except bonds
in lieu",of outstanding bonds,
tit is the intention,
Power
may
,-ot
able
1,600,000 shs.
. 800,000 shs.
8,000,000 shs.
(par $25)_,_
Davis
Paui H.
to redeerq these bonds on Jan. 1,
1945, Subsequent to
July 31, 1944, the company has acquired $257^000 of series. H bonds.
^Exclusive of $1,531,000 principal amount of bonds held'in. treasury.
cents
-share on the* common* stock, par $15,payable Nov, 15 to holders
Record:;Oct; 31.
Previously theK-company-paid regular quarterly
dividende-of- 35 cents per share -on -this issue.
,
■
The usual quarterly- dividend of 59% cents per share on the-4%%
/preferred-stock, series A, par $50 per share,, was >lso declared/pay¬
*
& Durst, Inc.
200,000
Pacific Co. of Calif/—
300,000
Paine, Webber, Jackson
& Curtis —
—
1,000,000
Dain & Co.—.
M.
J.
O'Mclveny-Wagenseller
200.000
200,000
Curtiss, House & Co.—
'
49,967,000
'
Newliard, Cook & Co.—
200,000
E. M. Newton & Co.—
200,000
The Ohio Co.——- 200,000
100,000
Torrey
Cooley & Co.———
Courts & Co.—i-—-k
200,000
Co.
700,000
700,000
100,000
100,000
& Co—
Burr, Inc.—
«&
Cohu
•
84,218,000
-
7 Mos. End.
declared a-quarterly dividend of 50
directors on Oct. 24
.
1,000,000
'
Light
Co.—Larger Common Div.—
Natural Gas
Oklahoma
The
&
Dewar, Robertson
Pancoast
issued under the San; Joaquin
additional bonds
,
*
Dodge
company
by
160,
'
.
thereunder
"preferred stpck.
■
■
■
■
.
.
:. » ' ...;
Transfer to-NY PA NJ for redemption of the following; securities
"owned by affiliated companies:
$520,000 of Mohawk's bonds held
Staten Island'mnid $33,400 by Associated, Electric Co., and $232,500 of
NY PA NJ's 5%
debentures owned by York Railways Co.
See also
V.
Clark,
Inc.—--
5,600,000 shs.
Common
■^No
'
-
" '
.
,
—
Coffin
■
24,709,000
.stock, cumul. (par $25)
1st pfd
1st pfd. stock, cumul.
stock (par $25)
5%.
NJ to Metropolitan Edison of $9,049,000 and the
cancellation of the following Metropolitan Edison securi¬
Payment by NY PA
'
'
:
,
Whiteside «fe •
100,000
W. Clark & Co.—250,000
E.
115,756,000 ;
(par $25)__
stock, cumul.
1st pfd.
5 Vzfo
stock.
common
1966
1970
1971
bonds due June 1,
6%
Island Edison Corp. of
100,000 shares of
1,
bonds due Dec, 1,
Series K 3%
Co.,
Warren, Inc.
'
$8,243,500
1961
Series J 3%
Republic
(Inc.)
R.
1964
bds. due June
Series I 3%» %
-
500,000
1,500,000
Central
;
,
500,000,000
1,
bds. due Dec. 1,
bonds due Dec.
700,000
Inc.
,
mortgage
200,000
Brush, Slocomb & Co;_,
II. M. Byllesby and Co.,
400.000
Merrill Lynch, pierce,
«
Fenner & Beane
T 1,250,000
Merrill, Turben*& Co
250,000
The Milwaukee Co
—
400,000
Minsch, Monell «Sc Co.i._
100,000
Mitchum, Tully & Co.—
500.000
Moore, Leonard & Lynch
200,000
Morgan Stanley & Co.— 3,750,OOO
F. S. Moseley & Co.— 1,700,000
Maynard H. Murch &
Co.
200,000
W. H. Newbold's Son &
' 100,000
Co.
Alex. Brown .& Sons_L__'
fOutstanding
.
ri
.
;
Series G4fJ
:
Chanute,
Loughridge &
&
500,000
200,000
.
.
Mellon Securities Corp.- 3,000,000
Bonbright
B.
D.
Eosworth,
1st & ref.
Co.
Electric
&
Gas
ISeries H 3%%
„
,
Metropolitan Edison to Staten
Staten Island's no par value
by
Transfer
'
'
.
.
'400,000-.-- Laurence/M. Marks &
Co...
—--500,000 • , A. E. Masten & Co.--—
250,000
McDonald & Co./
_'
Blair & Co.—_
George
•
&
(assumed)
Associated Gas & Electric Corp., top holding company
of the system, to NY PA NJ of $584,000 of Mohawk Valley Co.'s
consolidated-refunding gold bonds, due 1981, and $1,281,000 of NY PA
NJ's 5debentures, due 1952.
•.Issuance by NY PA NJ to Guaranty Trust Co. of New York of
810.000,000 in 2% unsecured promissory notes. *
'.Transfer by Metropolitan Edison to NY PA NJ of. $15,778,500 of
Transfer by
■
•
,
Boettcher and Co.—200,000
f
refunding mortgage-—___--,$150,000,000
30-year 6% gold bonds, ser; B of 1952
' /
fying
with
found to be in compliance
Joaquin Light & Power Corp. uni-
San
•
200,000
200.000
500,000
Becker & Co.,. Inc.-1,000,000
William
/
,
all legal fees
Kidder, Peabody & Co.- 2,250,000
' 100,(000
Frank- Knowlton*<fc Co.t
100,000
Kujin, Loeb' & Co,^_— 3,750,000
Chace,
1944
-
250,000
Blair & Co., Ino._^_—
,
Capitalization as of July 31,
and
Debt
Funded
-
200.000
Kirkpatrick-Pettis Co._-
100,000
&
A. IG,
.
.
100,000
Bearr Stearns & Co._
$360,778.
to
granted Metropolitan
Parker
:
•
,
$300,000
A. M. Kidder & Co.
.
————
'
.
...
....
amounting
1945,
,
Commission
The
:
redeem on Jan. 1,
bonds due Dec, 1,
1961,
outstanding in
aggregate
principal - amount of $115,499,000
(exclusive of $257,000. held-in the treasury which will also-be re¬
deemed), and to apply for that purpose the net proceeds from the
issuance and sale of the series. L bonds (exclusive of accrued interest)
and treasury funds in the estimated amount of $6,213,586. The aggre¬
gate amount of principal and redemption premium "($8,662,425)
of
the series H bonds outstanding in the .hands of the public is $124,161,425, exclusive of accrued interest from Dec. 1, 1944 to Jan. 1,
Co.—SEC Approves Moves to
Utilities
NJ
PA
r''
is the intention of the company to
plus int., all of its serias H, 3%%.
107^
at
1945
Redpath
June
dated
be
agent.
Purpose—It
-
NY
fiscal
no
to
are
&
—
Laird, BisselL& Meeds_
100,000
W, C. Lapgley & Co—_ 1,500,000
Lazard Freres & Co,-,— 3,000,000
jEaker, Watts & Co.w-i—
Lee Higginson Cprp._^— 1,700,000
Baker, Weeks &'Harden •
; Lehman Brothers V—— 3,000,000
Baiikamerica Co.
500,000
Carl M. Loeb, Rhoades
Bateman.-Eichler- &-Co.... 200,000& Co.;%-/——.500,(000
1, 1944./ Interest payable . June 1 and
Dec, 1 at;. the office of the company in San Francisco or at agencies
of the company in New York and Chicago.
Principalis payable, at
the office of
the company in San Francisco and at the agency of
the company
in New York,
At present the agency of . the company
in New York is Bankers Trust Company and in Chicago is Continental
Illinois National Bank and Trust Co; of Chicago.
The'Company has
1190.
p.
.,
.
Co.,
//--,
&
•
McCormick
100,000
Bacon, Whipple /& Co.__
/
-
Bonds
1
Kebbon,
Co.
,
and/Co—.100/000 ',
Auchincloss,
■'
The First
Freres. &
Co»; Goldman, Sachs &:Co.; Halsey,; Stuart & Co., Inc.;
Lehman Brothers; Me]Ion Securities Corp.; Dean Witter
& Co.; Glore, Forgan' & Co.; Kidder,- Peabody & Co.;
Stone & Webster and Blodget, Inc., and Union Securities
Corp.
■ '
/
•;
$1,137,714
' 4,608
Brothers—/--
Ames,, Emerioh
' Inc.'—
Atwili
,
18
$69,453
'
—V.
.
1,073
incftrae
/Gross
"interest
23
$68,380
oper. revenues—
income (pet).—
;
.
1
"Atkinson, Jones & Co.w
-
Co.; Harriman Ripley & Co;; Inc.;Boston Corp.; Smith,; Barney . & Co J Lazard
474.021
506,212r534,815
300,000
300,000
underwriters, and the
Underwritten by each are. as
bonds
L
'
"
Co., Inc.—
&
Almstedt
i&
Stanley
472,965
35,75848,922
25,000
19.044-,-
——
,
Co.;; ./Kuh.n,: Loeb & Co.; Morgan
Dillon-y Readr
are:-
1944—Month—1943. - J 1944—12 Mos.^1943
$430,060 - . $412;864 t $5,340,786 . $5,348,995
272,731'231,868 . 3,133,411 V '2,902,427
.
$6,500,000
A. C. Allyn & Co., Inc.
500,000
Blyth
3%, due June 1, 1974.
The bonds were priced at 104
and interest to yield 2.80%; /
Included in the offering group with Blyth, & Co., Inc.,
Co:*—Earnings-
Northwestern Electric
Period End. Aug-, 31—
•
of series
amount
principal
.follows:'
bond.Sj series X,
and refunding mortgage
Co.
Underwriters-—The1 names "of/ the ' principal
,
000,000 first
Lumber
Riv£r
Red
—Blyth & Co., Inc., headed an underwriting group of [,
167 members which offered to the public Oct. 24 $115,-
Power Co.
1741,-
P.
mission
V
Co.—$115,000,000 Bonds Offered
Pacific Gas & Electric
(Del.)-/-Weekly Output—
Electric output of .this- company for the week ended Oct.- 21, 1944,
totaled'42,664,000 kwh. hoursas compared with - 4L181,000 kwh, ;for
the
corresponding week-last- year, - an- increase of -3.6%.—V. 160,
Northern States
'*
'the New York Stock Exchange on Oct/ 19
authorized the filing' of an; application - with - the ' SEC to strike' ffom
listing and registration on the Exchange the common stock ($10 par)
of the corporation.
This actiom was taken in-view of the'small num¬
ber of .shares outstanding in the hands, of the public and their-limited
marketability.
The securty - will continue' on" the-list pending action
of the Commission.—V. 160. p. 1530.;
,
•"
Tlie board of governors of
■
■
of California—To Delist, Coin. >*
Pacific Finance Corp.
hearings/on...the.Orient applications
of' this year; with
Dec. >15
for
Monday, October 30, 1944
-
•
appurtenant - storage >and regulating reservoirs, .tunnels, conduits,/trans-r
lines,- and: other works/- In addition the- company-operates
two. hydro-electric
generating plants,, haying in-the- aggregate an
.installed rate#-'capacity--of 33,512 • horsepower/Junder a lease from
-
1,292,601
.2,373:192
55,544,119
606,401
1
—L/./——
Total
—V.
160,
p.
1741.
■
•
——$894,405,079
.
Volume-A6Q
THE COMMERCIAL &
Number 4329
*
Electric. Cou .which W'ill-be- nutstanding. on ,4he .issuance
hereby-, Will aggregate $4,125,000, ' compared -with
Philadelphia
..
Pacific Power- & Xlffht
C^.^^arnings---
1867
FINANGIAL^CHRONICLE
Name—f.
.
Wm;. P.
the bonds" offered
of
"'." Vl944^Monjthvi9A3f1944
:. "Period End;, Aug. 31—
.
.-$623,663(..
Operating rcvepuea;-__
Operating',, expenses"*'
Federal' taxes
1/
iv
.; " 306,416,
r
*
:
approp.
Amort. of ltd/term. inv,
'
•
.
,j/
,..411
; >" 50,000
;>j 375,000
,
Co..;(IncX
'Harris',: Hall
-
.-
Heller/ BrucC
;
dated'April" l3,""l929."-between"Philadelphia;*.Electric-Co),.Philadelphia
J. J. B. HUliard «k Son
Suburban-Counties Gas &' Elebtric Co., Schwenksville Gas Co.;: PerkioHornblower. Ac -Weeks
men Township. Gas Co., and Lower Frederick Township Gas Co/.
The Illinois Co. of Chlcago___i.i____„___ii
/'
Since its'incorporation," in 1929, the company has purchased the
.Edward D.( "Jones Ai/Co._
i__
properties and franchise^ of eight smalh electric or gas; companies;
Johnston, Lemon Aj
Company is. engaged primarily in the .production and purchase and
Kalman & Co., Inc._^._________ii
in
the-dransmission;- distributicm" and sale erf-electricity and gas in
southeastern Pennsylvania.
Of its total operating revenues'/of "$94,«i : Kebbon. McCormick .& Co.____A, M. Kidder As Co.___.
i__i_
/_v__
646.595 for; the 12 months ended Juhc 30, 1944- ( including operating
.v;//
revenues received'from, .subsidiaries)/approximately 90%
was derived : Kirkpatrick-Pettis Co.
■/: from; the sale! of electricity,
9% frond the sale of gas;, and X7* -from ; -Ladenburg, Thalmann As -Co._
•
$2,209/135
,
232,953
3,300
...
7,967 '
.
i
/ $172,609 '
income .'/J™//'
Gross
interest' i™™!/™/™.:™
-128.501
;^$44;108
Net4 income"
£191,062' $2,278,454 V $2,445,688
102,951 -1,430,391--:r,278,554
-
■
:;$38;lli
'
.
period-^™/
-appjic.. to- pfd. stocks^for
v—V, 160, p. 1636./
1
■
:
Dividends
-.100,000
.
:
.
Permitted-—.-.™
Patchogue: Electric Light Co.-r-Sale
Gas-Corp;-:V. 152, p. 2405.
Stale Electric As
York
See-New
458,478-;s .458,478
1"!,i,''1J l-.1
-
/
1944-^9 Mes.^1943;>
11944—3 Mos.—1943
Gross profit and income
from
;
/;
Ltd., Inc. <& Subs.)—Earnings—
Penick & Ford,
Period End. Sept. 30—;
"
■
<
Sell., adv., gen, & admv
691,999
643,410
-2,114,113
2,099,995
™_r_™/._™™7/
•$825,287
11.647
$797,129
15,294
$2,364,136
42,011
$2,257,254
(net)//
expenses
.Profit
Miscell.
™_™____™
income
'
Total
Fed.
for
Prov.
-
91,365
>
53,679
363,612
and
inc.
' 207.123
;
capital stock taxes/™
634.500
622,620
207,248
Prov. for Federal excess
Net
income
Earned
645033
-$282,231
_________
shares outstanding-
No.
215,212
$275,111
$812,581
369,000
$0.76
369.000
$0.75
.
share-
per
504,820
369.000
256,215
profits tax——
excess
..
$808,001
369.000
$2.19
$2.20
profits for nine months' period
1943 and
1944
is after deducting $56,000 and $71,800 for postwar
refund of excess profits tfix.. which sums were set up as a reserve for
contingencies.—V. 160, p. 732.
Federal
for
Note—Provision
excess
122 %
of
increase
An
of
number
the
in
carried by this
month in 1943 has been
passengers
corporation during September over the same
reported by J. J. O'Donovan, Vice-President.
Considerable gains were
reported in both air mail and air express totals for the month.
corporation carried a total of 52,188 passengers over its busy
skytracks during September, as against 23,412 during the same month
a
vear
ago.
The Capital Airline is now operating with 14 of its
original pre-Pearl Harbor fleet of 23 planes, but an announcement
made this week in Washington states that three more transport air¬
also
The
planes are to be returned, to the airline by the Government Within the
next few weeks.
Although several weeks will be required to reconvert
the fleet are
these additions to
when
commercial purposes,
for
them
PCA will be in a position to augment its present
frequent flight schedules even more-r-making available to aif travelers
more seats and more flights,
,
*
placed
of air mail, an in¬
air express'totaled
September PCA carried 459,088 pounds
21% over the-same/month a year ago;
During
of
crease
service;
iiv
- representing
an increase of 7%
\
*
•
November PCA is inaugurating service to Huntsville, Ala.,
the Birmingham segment of the airline's southern route.:—V, 160,
470,150 pounds,
,
Early
on
in
1408.
p.
'
;
;
.'.
;
;/!
j
"...
■■
Company1 supplies manufactured (520 B.t.u.) 'gas -service in" sub¬
portions oi Delaware, Chester, Montgomery and Bucks "coun¬
and in a small part of Lancaster County, ift southeastern Penn¬
sylvania-near Philadelphia.
The territory served embraces an area of
about 1,028 square-miles, .with a population of 737,000 as of Dec. 31,
1940, estimated' from U. .S. Census reports..
Company is distributing
gas in the territory served by it.without, competition from .municipal
«'
gas plants, or other gas utilities, but does not supply gas service in
the City of Philadelphia,-where the municipally owned gas works are
operated under agreement ,by The .Philadelphia- Gas Works Co.
The company now supplies the entire gas requirements of Delaware
Power
& Light Co.,
serving Wilmington, Del., and vicinity, and ox
Consumers Gas Co.; serving Reading, pa.,*1 arid vicinity, under contracts- ;
which may be
terminated by- either .party, on 24 months' written . I
Co.—Secondary. Of¬
fering—Blyth & Co., Inc., made a secondary offering,
Oct. 25, of 3,500 shares of capital stock (par $10) at $30
per share, with a dealer concession of 70 cents a share.
Stock Split-Up. Approved—:
Pennsylvania Salt Manufacturing
stockholders
The
approved an
Philadelphia have
in the-authorized capitalization of the company
increase
at
meeting
their, annual
at
*
i
consisting of 15O.000" shares ($50: par.) capital stock,
to $10,000,000, consisting of 1,000,000 shares ($10 par)..
On and after
Nov. 2, 1944. trading will be-carried on in the new $1Q j>ar stock.—
v. 160. p. -1401.
■■
v
■
v
—v. 160, p. 1741.-;
- - ./• ■
. •%
;;/ /■■, __; ;, -. /
; ■.
from
$7.1)00.000."
Compapy^dufing the; 12 months ended, June 30, J.944; manufactured
6Q% of its gas requirements and purchased the. .balance.
from Rainey-Wood Coke Co. at Swedeland, -near Conshohocken, Pa.,
under, contract extendipg to Jan.;i, 1953,,
Securities Corp. land The First Boston
be redeemable
in whole or part'on ■ 30
(
:
;
A.
1973.
■
-
...:
■
;
•; •*.
■■ •
-
premium and to pay accrued interest
such redemption.
It is"*contemplated that the amount
bank loans necessary .will not exceed $4,000,000.
-
Giving
Capitalization
'
stock
-
to
A.
Unclassified
Premium
on
(shares),
Common
stock,
div.
pfd.
4.4%
Subsidiaries', pfd.
stock,
stock
None
(shares)™
(cumul.)
23,4 %
series due
2*.'4%
scries, due
234%
series
Earnings
C.
total
(Philadelphia' Electric
for
R.
20,000,000
and
Co,
Dav Az
.
•
.
■
.
'
/
Gross
Revenues-
1.937-__-__-_
193«___/___
/
-Income-
$69,687,050 $29,183,019
-
1939/__^___
68.354.808
;
71,"442.625
l940____/__., 75,795(180
4941___^/_. 80.435,005
Fahev.
:
.
92.944 189
.
4943;;
1944 (6 mos.) 50.176.373
annual
interest"
.
FehNs
,
Co.__
The
■
A;
,47.732,241
)949."P«3. -15.536,672
1,500,186 14,l791,521
716,081 - /'s,876,151..
23(194.601
13,021,483
-6,962.894
,3,429,252
requirements on" the
/
$150,000,000
of bonds of
875.000
50,000
-50,000
."
*
100,600
250,000
250,000
125.000
125,000
1,250,000
1,250,000
150,000
150,000
;
125.000
125,000
150 000
150,000
250,000
250,000
250,000
250,000
100,000
100,000
2,500,000
2,500,000
350,000
.
350,000
.
250,000
250,000
-
400,000
100.000
100,000
500,000
400,000
.500,000
•'
875,000
'
'
875,000
2,500,000
:
2,500,000
509,000
.500,000
;
•
;
125,000
125,000
875,000
875,000
75,000
75;000
*
4.250,000
1,250,000
500,000
-
75,0no
.
Balance Sheet/ June 30,
1944
500,000
:
,
75.000
.
250,000
.
-
......
■
_______..$427,741,257
2,781,471
94,303
7^713,235
-
'i-106,457
8,000
_____^i_:__i
7,520
debt, discount-and
3,699,318
633,011
5,978467
:
expense________
cost
■
deferred
of
determining
610,106
>187,021
preferred stock.
unadjusted items__-________4____r____.. ♦'
and
419,814
-___/$482,047,4l3
/ •
'
; ; /.' y
;
preferred stock ($100 • par)___
on- 4.4%
preferred .stoclc__/___„_____/
" /
..
$27,473,000
482,210
Premium
*137,818,005
12,000,000
stocksVI
V>Common
«
/Philadelphia Elect-rib." Power' Co, 8%' preferred stock—
Long-term -.'debt-Accounts
payable, trade____'_____l:
_________
Payrolls • payable
Accounts payable to affiliates not consolidated-™.
;_
-
'
tl81,865.037
1,398,538
1
-
Dividends ^declared
Customers'
Other
117
35.670
392,058
'deposits
-
:
accrued:
Taxes
-
28.272
3,780.291
/__™_-™v/i/_/™™™;/_/_/™__™___
inte.rest__™____
Matured, bond
/
>-
/—/_™__
;u
™
-q
9,195,610
.
"
6,086,362
: 602,169
profits/i.^a//__j_«_at/_w--__.
Federal
,
•
State: and
!
local__Ll„^
Interest (saccrued_—^_/_/_L.™™™_>
Salaries
2,549,168
_:
.
,'-2,311,171
•,'-'445,590
-US..--—
and; wages/accrued™-/™—.™,..
accrued liabilities-/-:/-/™-—/
473,107
///
J Other: current" and-
Ac
125,000
DK-fCr-Foree-n-Vfe
100.000
875,000
875.000
875.000
875.000
100,000
100.000
Halsey,' Stuart Ac Co.: Ihcil-L--/!—t.
construction-™™.
ts
2.595,902
206.857
150,000
250,000
J.500,000
,
/
..
_
2/5O0. OOO
-950 nnn
2,500,000
*
R7W.OOO
2,500,000
of
of
investments
stocks of
• "
capital
In
of
the
has
company
filed
a
bill
in
equity
in
the
Common
headed
plointiff,
of-Morgan
Augustus.. Trask Ashton. in his bill alleges
Stanley &rCo. and-its associates -refrained
'Electric Co.- to -aceept- the bid
(250.0O0
250,000
amount
over
vding for the entire bond' issue -or either'- of the two
."for the purported reason that -they /were ■ financially
C 500.000.
?5(lorto
a75.oeo
stockholder
The
firm
75.000
11250,000
1.250.000
r
■
100,000
•
values
that the
from bid$65,000,000. series
-unable to .submit
a Jjid/bufr it'..is-averred -that- sdeh -refusal- to bid. wa& .in- furtheranfe
"of. .the/plan/ to'eliminate, all comnekit-ion«^ and '..'tor require 'Philadelphia
"
100,000
_2.50o.noo.
_____'_$482,047,413
stated
Pleas at Philadelphia asking that the bid of;the
jointly by Mellon Securities Corp. and The First
Boston
Corp.
for $130,000,000 2%%
bonds offered at competitive
bidding "be declared null and void."
The bill asked that any contract
entered-into between'the eompany and the syndicate for the sale of
the bonds a'so be declared null and void;
-
150.000
250,000
...-
,
of
Stockholder Seeks to Void Award of Bonds-*-A
425,000
150.000
Son, ::Tnc:_-:_
aid
■Total
-*0^
Court
125,000
F-vJlvarten -Ac.
of-facilities of others.
in
subsidiary companies consolidated.-
syndicate
150.000
Gea-nhary—-Me^aehe- Ac- Lord
360.000
22,226,821
100.000
■
100,000
___________
Goldfnari"; (Sachs "Ac C<k
Grtahanf/ P^rsbriV/Aa ,Co.___.
152,004
467,227
_______
excess
125.000
.125.000
Co.r_„_
damages™
Surplus
"
'
Grewrv *Ar
Contributions
:14Net
i;250,000
Co.__c.____/____
Coi p.
2,770,721
a
and
Replacement
100.000
125,000
-
100;000
H'aragfb'vd';.J_L!__
,
65.234.362
>
Insurance
250.000
1/
Fi*st, Cleveland
599,816
-»>
.
Depreciation
250.000
Ac Co., 4nc
Ac
Reserves:
Employees'.provident (for payment of pensions)-
1,250,000
1
285,091
■
Injuries
100.000
Co.
Evans
514,234
construction
___t™_™
l™_.i_/L™/™_™™_
for
credits™™:/-™:
100,000
250,000
Co,_
Co
Ac
advances
deferred
Other
875,000
r
250.000
Co
Ac
Customers'
/
oir:4cbt™/-_,—
50.000
As Co.,, Iric.__
Font
premium
Unamortized
-350,000
•
50,000
Clark A: Co.
Ac"
;
,;. 75.000:
25,572,.33a_ ..6^35,033., 4,205,464
,
'
Co.^_\.__l,_.
Foleer; ■ Nrrian -''Ac .Cor, Tnc^_
1,214,188 -26^92407i;433,836.V 21,635.521
(6.592),269 4 ii321,703 -21,155,629
6.961,902
1,250,000
100,000 v
r
Liabilities—
-
r.
250,000
100,000
Seciiritie's Corp._____.._
A.
\
125,000
100,000'
_.l
First -of Michigan- Corn.-™/
.
23,448436
:
C6,_____________L___
Field) RiehAfds Ac'Co.1
28,458.154
; 6,551,259,.29406,725' /6,537,367
'
?9:069,601:
_
1942s—/___ -.,-85,-183^46
The
•
1,250,000
1,250,000
Total
5. 4.40%
50,000
125,000
Chenman
Operating
Other
100,000
100.000
_
•
Clement
Other.
,
'income
■
•
•
Deductions,/ -.
^Interest
etc., net, Net Income
$6,827,270, $1,572,751- $20,782,998
.
150,000
.
1,250.000
1,250,000
original.' cost of utility
plant and installation of continuing property records.™
Unamortized .expenses-in connection with redemption, and
100,000
875,000
Dillon
Fstabrook
■
'- Total
150,000
1,250.000
7,481,848
•/-exchange oi
>100,000.
500,000
350,000
Inc._______
Co.™-:':u-_-____:„_.
du
I.
Eouitable
Companies)
Subsidiary
Years
Ac
Dickson
Eastman;
31,866,037
Calendar
Ac
Skaggs
L.
.
llz
Co.__;
Dain
M.
Francis
65,000,000
debt
long-term
1_,;
250,000
.
■i__ii__4__iii___i_____-i*__i__i___
Unamortized
125.000
875,000
Co.
Curtiss. House Ac
Davis,
Unlimited
due' ,1974
Ac
Cruttenden
65,000.000
Unlimited
250,000
receivable iI,,,™—-™
income
250,000
Burr.
Ar
Codings A: Co.,
C.
Courts
482,210
12,000,000
Unlimited
1971-
Subsidiaries'
Clark ' Ac
E.- W.
R.' S,
——
250,000
250,000
3,612,644
excess
50.000
Ac 'Co
Whiteside Ac Warren, Inc
Chace,
12,631,057)137,816,005
^
100,000
100,000
,
:
Federal
500,000
1
M. -Byllesby Ac Co., Inc.___
Central Republic Co. (Inc.)
bonds:
1967^
Sons__„_____.
Ac
Brown
H.
2,368,943)
(shares)
100,000
150.000
:_i___l____
Federal
loaooo
50,000
50,000
100,000
4,836,776
250,000
100,000
...
100,000
4,250,000
150 000
,u___
I
1,250,000
.
350,000
1,250,000"
;
-17.137.176
50,000
100,000
:
Co,__i"_/_*l
B.: Bonbrrght. Ac
Brush/ Slocumb
J.
First and refunding mortgage
:
.
500,000
50,000
350,000
100,000
tax "credit______/
profits
425,000
250,000
125,000
.100.000
'
None
None
:
Ac Co.™
'
100,000
500,000,
50,000 '
-
_™_/
arid accounts, not currently receivable„i_i__:ii_-i-_'
'
Bradford Ac Co
C.
Alex.
par:
no
pref. com. stock
Common
—•
.•
.
125.000
-
Materials/ supplies and merehandise__L___i______i_______
Prepaid, insurance, taxes- and rentals_J4_L.iw_™iiii_ii_i_
)
1,250,000
-.425,000
1,250,000
_
Bosworth. .Chanute; Loughridgei Ac ;Co.
Coffin
u
Blair
D.
George
J.
'"500,000 $27,472,000
stock__2^_____^_%.._—'
par value™—
—
125,000
—_____4_i_____
125,000
1,250,000
Inc.
425,000
50,000
Co..
Ac
250,000.
;
50,000
350,000
.
Unamortized
-..'250,000
250,000
,
Boettcher- Ac Co/__j:___________:
,
1,000,000
50,000
350,000
j
Interest' receivable
(250,000
.250,000
,
-
'' "Authorized Outstand'g
Csha'res)-__„_,_LLJ___-J—1
250,000
Stearns Ac Co.,__;__i____/_l_ii_
G. Becker Ac Co.. Inc.____/____
William
50,000
250,000
125.000
125,000
intangibles)
Ndtes 'receivable "
.
■>
•■•>
150,000
1,250,000
Temporary cash investments, at cosfi_iii_'___i_/_______t_
75.000
•
.:50,000
250,000
r
Co.'_/_-____
Watts ,AS .Co.Weeks Ac Harden________
Blair
::
Present Financing
cumulative:"
par)
($100
4.4%" Series
$1
Effect
^
;
Pfd.
.
Ac
"75.000
„
Bear,
payable upon
of short-term
•
& C0.,'f.Tnc.//__/_/_/i__-_/
Ball, Burge Ac Kraus
Ballou, Adams Ac - Co.,
' Purpose—Entire net-proceeds-will be used to pay the principal and
redemption premium (aggregating 106% of the principal amount, or
$137,800,000) upon redemption on or about. Dec. 1, 1944, of .the out*
-standing $130^)00.000 first and refunding mortgage bonds,;'3V2fc "series,
due 1967. which -were issued after March, 1, ,1937,
Such procee,ds -will
be'augnlehted With treasury funds or the proceeds of short-term bank
loans to the~extSRt -necessary tb pay any balance of such"principal
redemption
$2,500,000 -$"2,500,000
2,500.000
2,500.000
1,250,000
1,250,000
400,000
:
Special deposits
,
Corp._
-
1,250,000
'
.150,000
_
350,000
:• 350,000
350,000
100,000
"150,000
Cash.'
c
" ;
.
350,000
'
(including
exces.s
Accounts
1967 Series- 1974 Series
■
Whipple
Baker.
.
and
.150,000
.
Consolidated
»
ftach,^/respectively, are as
Boston- C-orp,_-L.L._™v_^_-_-_i
C, Allyn
Baker,
;. ■;..
■.
First
Bacori,
prices ranging • from 104 if redeemed before' Nov:
1947, to par on Nov; ly 1966.' The -1974' series bonds, -similarly' callr
able in.whole or ^art op: 30 days'-jioiti«e,: will be:redeemable at "prices
decreasing from
103 if redeemed before Nov, 1, " 1949, to -par on
i.
.
,
;
'
/Aliristedtl Bfothers,' 1l
Geo. G.tApplegate
Auchincloss, Parker & Redpath-_j.__j'_
days'' notice :at
Nov.
'■';"/
-
Securities
Mellon
The
''
;
•
Name—
1,1967/ and $65,000,000 on Nov. 1, 1974.
The 1967 series wereroffered at 100% -to yield :2.72%y
arid the '1974 Series at 100 to yield 2.75%;
Both issues ;
-have been oversubscribed. V
1967'series bonds will
of the bonds underwritteh/bY
cipal, amount
follows:
mature on" Nov.
The
.
2,500,000
50,006
'
250,000
accounts
Notes
/tHUnderwriters—The names' of -the several underwriters, and the prin¬
bonds, of which $65,000,000- will
234%
* ;
1,250,000
2,500,000
50,000 "
Investments
Fund
:V
/
,'450.000
4,250,000
.2,500,000
-
Wood,& Co._
plant
"Post-war
months
12
substantially
Corp., as joint managers, and comprising more than 125
members, offered Oct.. 20 $130,000,000 first and refund¬
mortgage
'
:
Assets—-
companies
total operating revenues.
Philadelphia- - Electric - Co.$130,000,000 Bond Issue
Oversubscribed—A'Ana^tion-wide Underwriting syndicate
ing
the
For
two
these
2,500,000
450,000
1,250,000
fy*
•/--.
-
TTtiiitv
ended June 30. 1944, .the gas sales to
produced'revenue bf $1,214,929. " which was .ao-';
proximately 14% of the company's gas operating revenue, or 1% , of its
notice.
_
headed by Mellon
E.
Yarnall
ties,
...450,000
2,500,000
1,250,000
"
i'_™_:
Co..__;_.!
Witter" Ac
Harold
stantial
!
I
Dean
.
.
,150,000
_
Gains—
Pennsylvania-Central Airlines Corp.—Traffic
125,000
2,500,000,:
•
$2,310,933
$812,423 » $2,406,147
114,852
323,013
r
$830,934
-
™„™_„™
Depreciation
:
.50.000
.
*
*
$4,357,249
$4,478,254
$1,517,286 ' $1,445,539
operations
-
'
•
250,000
>
MOO.OOO
,100,000
250,000- ...: 250,000'
y 100,000
100,00C
'
theTsaie-of -steanv.- dn" addition,-the- company- controls, through owner- v. Laird; Bissell &'
;Wt C. .Langleyr &
^ship, .directly,! or. indirectly,\of all the voting stock, various electric,'
.steam
and other subsidiaries,
The principal subsidiaries' own .or I Lazard FrereS' & Co._i___-__
Lee Higglnson
Corp._l.
operate production or transmission" facilities located ..in Pennsylvania; .
Lehman Brothers
or.' in /.Maryland
6r New.: Jersey, States 'contiguous to: Pennsylvania,
McCburtney-rBreckcnridge Ac Co.'___
for the -production or transmission-of electric power Used- largely- to
McDonald & Co.
supplement the production of the company's own plants,.--Other sub/Laurence M.. Marks & Co,w_-i._sidiarics relatively small in size are engaged in the sale of electricity
The- Milwaukee Co.i^___Ii__;____
or- steam In limited"areas* in'.Pennsylvania,
and one such-subsidiary
Minsch, Monell Ac Co._-_l.__-_/______:
is. engaged in .the sale of electricity in northern Maryland,
....
e
»
CThe company,, has various, contracts under which electric energy is
♦ Moore, Leoriard & Lynch__/__
F.; S.: Moseley& Co.___
:
transmitted on the lines of„othcr companies across all or part of
Miillaney. Ross & Co.^
adjoining States" to points in New Jersey, Pennsylvania, Delaware, *
Newburger Ac ,Hano.:.L„_„'
4.
Maryland and elsewhere;
•
V'S
.
.
* • * "
E.. M. Newton-Ac Co.___
Company supplies-electric service in the City and County, of Phila- ,
The Ohio
delphia and in southeastern -Pennsylvania adjacent to Philadelphia.
Pacific Co. of X!-a 1 if0rnia
The territory served-embraces an area of about 1,552 square miles,,
'with a- population
of approximately 1,931,000' in - Philadelphia and . Paine, Webber. Jackson Ac Curtis4i.__'_
Perrin, West Ac Winslow, Inc.
748.000 in adjacent territory as of Dec/ 31, 1940. ' Company is dis- .
Arthur Perry A: Co.. Inc.
tributing electricity in the territory served by it without competition
Peters, Writer. As Christensen, Ino,____
from municipal electric' plants or other electric utilities, except that
Phelps, Fenn Ac Co._______„
the company renders electric service to a few customers in or adjacent
Phillips, Schmertz Ac Co.__
to-the Borough of Lansdale in which said Borough also renders such
Piper, Jaffray Ac Hopwood™
service.
Company supplies at wholesale substantially all of the electric,
Putnam
&
Co
energy requirements for the Northern Division of Delaware Power &
Reinholdt: & Gardner___:
Light Co. which embraces all of- New Castle County,, including WilReynolds Ac Co..
mingtoiij Del.,-under a-contract-which runs until terminated by either
Riter Ac Co.
party on 24 months' notice, but Which may not be terminated before
The. Robinson-Humphrey Co.__i_„
Dec. 31/ 1948.
For the 12 months ended June 30, 1944, revenue
E. H. Rollins Ac Sons. ,Inc.___
received under this contract amounted to $2,360,744, or 2.5%
of the
L.. F. Rothschild Ac Co
company's total operating revenue." Company also supplies a part of
Salomon Bros. Ac Hutzler_i____„____
the
electric
energy
requirements of two subsidiaries operating in
Schmidt, Poole. Ac Co,__i__
southeastern Pennsylvania
and northern Maryland.
Schwabacher Ac Son__
The electric generating facilities of the company and its subsidiaries
Chas. W. Scranton Ac Co.
are operated as a unit under the direction of a central load dispatcher
Shields At Co
to' secure the greatest possible overall economy.
For the 12 months
Singer, Deane Ac Scribner
ended June 30. 1944, the company's electric energy requirements (in¬
William R. Staats Co.
cluding net interchange energy receive!, by the company) were sup¬
Starkweather Ac Co,_______'
plied in part (approximately 71% ) from its own generating plants...
Stein Bros. Ac Boyce
(953,110 kw. rated installed generating capacity) located in Pennsyl¬
Stern Brothers Ac Co.____________
vania, in part (approximately. 24% ) 'froni the Conov/ingo and DeepWalter Stokes Ac Co
:
water plants (252,000 kw. and 53,000 kw. rated installed generating
Stone Ac Webster and Blodget,. Inc.
;
capacities, respectively) of subsidiaries located respectively in Mary¬
Stroud Ac Co.. Iric.___
land and New Jersey, and in part
(approximately 5%) from other
Swiss
American
Corp
utilities.
The-" Conowingo 'plant "is connected with the company's lines
Thomas Ac C0.__i_4.____:
_l.
by transmission-lines owned bv subsidiaries of the company and the
Townsend. Dabney and Tysori____
Deepwater plant is similarly connected over transmission lines across.
Spencer Trask Ac ..Co.^___________
Delaware Owned by Delaware" Power is" Light Co.
-Through trans¬
Tueker, Anthony Ac Co.
mission line interconnections, additional electric energy is made avail¬
Union Securities Corp.
4___
able to the company under interchange contracts with Public Service
G. H; Walker Ac Co
_I_:
Electric & Gas Co. (New Jersey), Pennsylvania Power &:Light Co.,
Weeden Ac Co., Inc.r___i_i_4-i___
Pennsylvania Water <fc Power Co., and Safe Harbor Water Power Corp.
Additional electric energy is also available to the company through an - Wertheim; Ac
Wheelock Ac Cummins, ,Inc.__'__i_
interchange contract between Deepwater Light & Power Co., a sub¬
White, Weld- &;
__///
sidiary of the "company, iattd Atlantic City Electric Co.
v/
•
>
50,000
125,000
-
'
875,000
875,000
250,000
%
,
$848,063^:$1,167,134
"
.400,000
-
150,000
'
%
150,000
250i000
.150,000
">
250,000
-.
;v
& '-Co.__i._i_
> 50,000
875,000
-
tr
-150,000
Hqwley, ShepaTd & Co,__-_—
rHayden,- Miller & Co
r
237,010
M"-Drl40
History .and
on
Oct.
vania
'706,000
$2,033,477
19,547
i'm,-lease, of plant
Other income '".(net)/™-, <*"'
-
** 554,542
Wl Ri').
cftQ ff«t;
■ - 608,865
' ,: 700,000
242
$171,655
revenues-™/ '/- $ 151,601.-'
• 19,967
"1,041 v
Net- oper.Rent
s
; 58,333
:
/
*
>—
'•<
;; " -48,579
52,14!)
58,333
ret:,: res,
Prop,
'
...r803,331.,- V58S,63y
,50,140
.pTesently;;.outstandrnTg--bonds. . :: ,:
Busiues»%-The company .was. incorporated in Pennsyl¬
31, 1929; by agreement of. merger ;and . consolidation
$5,100,000-on; Ihp
$7,101,702
, ,
3,501,257 V 3,04t,67o
262,775.
■
'.- 55,164
Other" 'taxes "__1 J—™1™
,$7,647,172
SDHi.aoz
$59i;482
„>
•
.
.
1974 Series
1967.Series
...r,
Harper «k Son,<fe Co._
'
12,Mos.v4943
:
Boston Corp."
'Mr. Ash tori" also
.-
.
.
otrMellon Securities Corp.
;
alleges "that
;
.
if
the
contract ;for
I
and'The First
.
the sale of'the
'
THE COMMERCIAL
1868
delphia Electric Co. will -suffer- a loss well
which it'would have Realized had the sale beer,
Period End. Sept. 30—
conducted in accordance
law and in a competitive market instead of the closed market
from the illegal and wrongful plan."
with the
resulting
Oct.
kwh.,
1741.
of
6,019,000
V.
160,
p.
the
4.8%,
qr
for the
and its subsidiaries
company
kwh., an increase
the corresponding week in 194*..—
over
4,039,483
65,301
982,718
1,038,041
633,833
341,210
2,311,849
41,498
23,391
177,902
U.
.
*
income
Gross
1944—Month—1943
„
$4,585,839 $43,006,740
$4,601,948
J:
inc.
-
profits taxes*
-
Other
railway taxes*,:*
operating income**
Balance to profit & loss
-
Net
-
Fed.
&
Canadian
&
-
exc,
2,021,902
3,836,981
2,282,074
Earns,
labor
1942
Operating income
Non-oper. inc., inch
.
net cap.
$11,1.18,377 $12,991,627
3,173,031
3,250,442
116,324 •
262,683
Interest qn funded d„ebt*****__—
3,001,040
3,140.765
Prov. for inc. <fc exc. profits taxes
* 3,423,000
4,710,000
$1,627,737
whole
Balance
It
.
102%%
%%
H.
each
four
Is
President" and
company.—V. 160,
participating preferred stock voting trust certificates,
substantial holdings of shares of such stock, also have
expressed a desire that the participating preferred stock voting trust
agreement be extended -for a
further period of five years from
Jan. 2, 1945.
The voting trustees, now composed of Joseph Gilfillan,
William C. Harter, Marshall S. Morgan, Jeremiah J. Sullivan, Jr. and
Percy C. .Madeira,
Jr. (the latter having been substituted for J.
Willison' Smith, deceased), have agreed to continue to act in their
representing
capacity.
Marshall
M.
R.
.
oper,
revenues*****
expenses*****
$2,978,949
2,423,786
$2,907,109
oper,
2,437,923
Phillips Petroleum Co. (&
Net
ry.
Other
,
J
V
688,377
$431,112
$439,376
$4,247*783
•
*.__**_
19,954
12,719
205,836
^
income
Inc.
27,434,942 103,1S6,797
38,392,212
". • •
6,897,088
8,487,181
76,020,453
22,929,289
18,852,802
8,425.645
3,210.000
2,361,750
84,418
outsdg,_,_
4,727,673
4,916.987
4,590,595
share**-*
$1.22
$0.76
S3.05
116,630
refund of prior years taxes of a subsidiary company
§ After the third quarter, 1943. report to
issued,
inc.'
in
order to
notified by the Navy Department Price
realized
on
contracts pr sub-contracts for the year 1942.
Accounting and fi¬
nancial data for the year 1943 have been filed with the RFC Price Ad¬
justment Board.
For the third quarter and the first nine months of
1944 provisions of $465.0QQ, and $1,045,000. respectively, were charged
against income to provide for war contingencies, including renegotia¬
tion.
It is the opinion oi the company that its liability on renegotia¬
tion for 1943 and 1944, after appropriate Federal income and excess
profits tax credit, will be less than the provisions mads therefor as a
part of the provision for war contingencies.—V. 160, p. 1C83.
Board of
a
The directors
share and
1.
the
An
on
Oct.
will be
have
■
Co.—Extra Dividend—
Meter
23.declared
an
extra dividend
Ltd.
Co.,
below.
the
subsidiary,
wholly,-owned
its
which
originally a theatre company.
called for retirement last June
was
was
shares of that issue are outstanding
Common shares of Kieth-Albee-Orpheum
Kieth Corp., a 99% owned subsidiary of
public.
F.
B.
Corp,—V. 160, p, 1084.
regular quarterly dividend of 10 cents per share on' the
both payable Nov. 20 to holders of record
of like amount has been paid on the same day in
p.
called
been
at the
•'
1
•
$3,285,247
this
in
temporary form
announce
that
these
in New York
1>.I636.
bonds
on
Oct,
will
'
31%-
revenues
$4,627,116
$470,606
$5,620,074
30.
29,986,675
13,217,647
160,
profit
before
shs,
outstanding*
taxes
ret,
$5,537,400
$5,281,644
3,297,350
140,450
3,153,308
77,829
6; 595
of
Amort,
32,424
investments
32,544
314,397
298.400
27,084
**
res.
approp.
limited-term
27,083
325,000
350,001
69
140
;.
.
Net
" %
revenues:
oper.
for
excess
$1,624465 in the 1943 period.—V. 160, p.
.Rensselaer
&
1231.
RR.—Stockholders
Saratoga
Asked
to
Oppose Plan—
stockholders
being urged
are
contest the proposed
to
plan
of
$1,401,966
1,739
bearing
1
Dr 30
tAfter estimated provision for bad
profits tax.
repossession losses and provision for nil Federal income and
profits taxes in the amount of $1,755,076 in 1944, compared with
and
excess
940
$1,460,134
$103,128
$102,860
met)
$0.89
& Hudson RR. Corp.
and : to form a
committee by George B. Wilson and Russell
Hartranft, temporary stockholders' committee.
The committee states that the proposed merger plan will result in
——
'
income
302,676
$2.49
"
with
merger
,
the
Delaware
stockholders'
permanent
Other
302,658
Federal
The
,*:
__**_*__.
for
debt
221,717
11,356
232,597
302,676
requirements)
302,658
provision for bad debts and repossession losses, and
normal income-taxes, including surtax, but no'
■"-After estimated
provision
1944—12 Mos.—1943
$13,392,647
2,596,822
1972,657
*243,240
_%***.*
,
1944—12 Mos.—1943
$2,725,626 $12,597,797
415,198
2,625,466
*249,119
1870,390
$2,704,190
405,400
taxes
Earns, per share (after pfd. div,
1742. '
pi
profit
1944—3 Mos.—1943
sales
Com.
next, $193,750 of
1958, at 100 and interest.
Payment
corporate trustee, 100 Broad¬
15,
taxes
Other
12,422,018
Company's Share of Earnings of Frank Corp.)
of
Period End. Sept. 30—"
Trust Co.,
160,
__*
Prop,
58,427,083
20,301,960
1442.
p.
Net
1944—Month—1943
$401,560
$395,828
_*_
expenses
.
converting
$102,860
$103,098
$1,461,074
$1,403,705
38,658
38,739
477,210
523,196
,$64,202
income
Gross
$64,359
$983,864
$880,509
(net)
Interest
Dividends
—V.
*._**_*_1.
income
applic.
160,
to pfd
stocks
.
for
430,167
430,167
period.
Potash
declared
have
cash
dividend
of
60 cents
share and a stock dividend of 100% on the outstanding capital
stock, par $5, both'payable Dec. 1 to holders of record Nov. 15.
A
cash distribution of 60 cents per share was also made on Sept. 1, last,
1944, and on April 1,
160, p. 1408.
against 50 cents each on April 1 and July 1,
as
1943.—V.
Sept. 30 and Dec. 24,
Bonds—-
.
Room
901.
Oct.
on
V.
160,
No.
50
The
31.
Trust
Illinois—Redemption—
3%%
bonds,
due
Oct.
1,. 1968,
as of Nov. 25, ,1944, at 105% and
the Continental Illinois National Bank
trustee, 231 So LaSalle St., Chicago, 111—V. 160, p. 769.
called
redemption
for
will
Co.,
be
made at
Public Service Corp, of New Jelrsey
9 Months Ended Sept. 30—
"
.
'
-
•
_
■
Operating revenues (subsidiary companies)*
Other revenues (corp. and sub. companies)—
Total
revenues
60,600,710
11,923,463
10,433,496
,***.
and
income
Federal
excess
Other
1944
<'1943
$
$
137,800,979 135,703,842
453,661
259,264
retirement
expenses
taxes
profits
57,271,273
10,987,870
10.237,125
11,037,542
-
Depreciation
(& Subs.)—Earns.
138,254,640 135,963,106
'
Expenses
Maintenance
first
the
of
the'event of
in
committee
The
states
stockholders
Cor
about
Hudson
&
two
and
years
RR.
Corp.
$250,000
for
who
asked
are
York
to
merger.
that the Rensselaer <fe Saratoga RR.
capital, of $10,000,000 will profit
each of the first two years and $85,000 for
invested
,
,
160,
p,
actively
in
interested
arc
opposing
with George B. Wilson,
get in touch
Y.~V.
N.
7,
a
further
an
thereafter,
year
Stockholders
plan
on
$5,000 per year for
the present
80 John St.,
1742.
11,737,034
6.584,660
taxes*.*"*
taxes
15,687,973
*
7,164,900
15,194,023
Corp.—New Director—r
Ryan Consolidated Petroleum
Appleman, former President of Central Petroleum Co.,
158, p. 2475.
Nathan
Inc;^
has been elected a director.—V.
Considering Dividend
-Not
Corp., Ltd.
Lawrence
Plan—
The
that
corporation
it
had
dividends
on
Paper
Mills
before
&
each
for
provided
be.'cancelled
St.
outstanding; 1st. mtge,
the
been
Payment
any
thereafter on the Rensselaer & Saratoga RR. Co. lease
that the Federal normal and surtax rate is not
increased.
These savings do not consider the payment of taxes by
Delaware & Hudson RR. Corp., or any loss to them on their 12,708
shares of stock of the Rensselaer & Saratoga RR. Co., which are to
New
1742.
p.
of
All
int.
:
proposals for the purchase as a whole of an
trust bonds, series
the company at
Btoad St., New York 4, N. Y., up to 12 noon, EWT,
successful bidder is to specify the coupon' rate.—
Public Service Co. of Northern
have
of
$16,981,000 first.mortgage and collateral
Such
proposals
will be received
by
of
1974.
due
:
.
Purchase
of
Delaware
the
inviting
is
Company
issue
.
for
Bids
that
year
each
Co.—Seeks
Edison
Potomac
$330,000
save
contract,
Stock Dividend—
quarterly
a
irrespective
.
estimated
been
has
each
of America—100%
Co.
directors
at
fixed
remains
into a redeemable bond
the first two
The yield to
decrease in the Federal
8%
of
rate of 4.70% per annum for
the rate of 5.50%/ per annum.
the
rate.
It
will
119.2,
p.
tax
at
thereafter
yield
annhal
guaranteed
a
interest
and
years
bondholders
Net
Balance
Interest
Sub.
.*_*_
on
cos;'
8,640,811
etc.
1,125,845
12,220,140
7,388,202
!
payable
23.370,881
10,323,529
1,125,845
11,921,507
21.986,796
*
bonds,
divs.
S.
income
to
public
*
Corp.'s preferred dividends
P.
S.
as
be
20,990,223
10,710,440
income***
oper.
Reliable Stores Corp. (& Subs.)—Earnings—
$3,314,450
redemption on Nov. 24,
York
N. ' Y.—V.
—'
Balance
representatives of the
purchasers, of $23,735,000 of genera' mortgage series E 3%% bonds
of
ry.
'
Theatres. Inc.—Bonds Called—
for
New
Operating
Bonds Ready for Issuance—
Drexel & Co,,
86,502,786
income
$7,326,951
2,803,617
1,729,099
75,587,976
28,174.837
15,305,649
1,019,569
87,163,102
railway******
from
Net
—V.
870,
and
,9^7,085
railway****
oper,
Net
Operating
Federal
$9,053,120
3,653,818
2,269,891
$9,716,571
3,843,155
2,547,175
1941
1942
1943
1944
$9,347,133
*„*
railway*
from
Nbt
Portland Gas & Coke Co.—Earnings-
P.
Peabody & Co.
Earnings—
the
"in connection with a report
of the arrears of
preferred stock of St, Lawrence
may be well to state that no such plan is
recently stated
that
consideration
under
adjustment
an
its A stock and on the -6%.
Co..'Ltd.,
it
board."
March, out of proceeds from the sale to St. Lawrence Paper
Mills of 24,811 shares of Lake St. John Power & Paper Co. common
stock which it held, the St. Lawrence Corp. completed purchase and
Last
redemption
outstanding
St.
263,373 shares.
to
Earnings
stock
A
both
of
Paper Mills Co.,
what
below
The
Co.,
A
by-the
Brompton
in which the
year because
stock received
July
15
and
of
75
cents
distribution
Mills
last
class
15,
April
A stock, reducing the amount
Since that time no further buying of1
has taken place. •
Pulp & Paper Co. and St. Lawrence
corporation has investments, are some¬
of higher woods and labor costs.
25 cents per share each on Jan. 15,
24,825 shares of its own
of
Lawrence
Ltd, 6%
Oct.
corporation
16,
each
this year,
were
made
while on the same dates
on
the
St.
Lawrence
cumul, preferred stock, par $100,—V.
Paper
158, p. 1284,
of 10 cents, per
extra
160,
from
Net
Period End. Aug.
Pittsburgh Cincinnati Chicago & St. Louis RR.—Tem¬
load,
Mills
dissolved
railway****
(Exclusive
\
$445,173
taxes
York,
New
from
Net ry.
1408.
p.
made
Net
rKidder;
the
the
Reading Co.
32,481
$331,872
$350,569
*.
Poll-New. England
There
43,142
was
capital stock,
preceding years.—V.
porary
of
to
pass
Gross
$3,346,931
3,593
&
first'mortgage bonds due Nov.
finding that no excessive profits were
Postage
Pitney-Bowes
outstanding
$1.35.
cents
From Jan. l—
$3,328,389
16,079
*
Federal
Nov,
stock;
paid on the common
each; and Dec. 1,
were
25
fixed
after
profits
-y> 160,
a
the company
1944,
1,
K.-A.-O.
of
Radio-Keith Orpheum
1,666,033
1,125,230
$335,465
$366,648
charges***.*
^Includes Fed. Inc.
of $188,250.
was
$10,439,172
Adjustment
stock
hands
Corp.
fixed
for
charges
.
$2.38
inter-company business or gasoline taxes
include
provide a reserve of $500,000 for re¬
negotiation for 1943. recorded during the fourth quarter of 1943.
fin
July,
Flour
has
corporation
Gross
,_^**_i
fixed
Net
-14,997.363 §10.939.172
4,916,987
*
registration statement was filed with the
Securities and Exchange Commission, including an income statement
for the nine months of 1943%
In this statement, net profit was re¬
to
Sept.
and
Canada
preferred
Net
9,480,000
3,593,857
amount
duced
Western
in-the
$5,012,964
$4,453,619
$452,095
_*_*_^_**_*
avail,
July 1,
!.
after deducting a
the
1
and it is understood that only 626
from
charges
•
Total
115,292,'427
5,992,824
per
stockholders
and
1022.
September—.
$451,066
__*____
deducts,
'
'•
collected
and paid 'to Federal and State Governments.
tCost of products sold,
and general expenses, taxes (other.than Federal income taxes) and
interest-,
JThe provision for Federal taxes on income for 1944 is net
in
The
177,494
1944—? Mos.—1943
.
^
'
taxes
_*.
not
vDoes
$3,996,613
Purity Flour Mills Ltd.—Proposed Ne.w Name—
See
$4,835,470
per
int.;
profit
pro!if
' S '
41,135,387 149,539,094
deprec,,
Fed.
Average .shrs.
Net'
''
Federal
depl.,
'■Net
June
p.
dividends
following
the
1,
160,
Keith-Albee-Orpheum Corp.
C?"572,59Q
income
The
;deveb costs- & retire.
income
'
55,233,967
than
for
17,612,353
'
-
-
Radio-Keith-Orpheum Corp.—Subsidiary Dissolves—
584.803
income
•Total
taxes
exps.,
taxes on inc.) and
on
1943,
March
—V.
provision
.
,
,*».«*
income
J'Prov.
,
1944—3 Mos.—1943
Period End. Sept. 30—
for
'■
Is Executive:
Cr546,729
,
Res.
$612,720
1530,
p,
13,574,052
$4,384,767
2,196,242
$769,854
made.
the under¬
income*
oper.
Miscell.
Subs.)—Earnings-
Phillips, Chairman, and K. S. Adams, President, on Oct. 25
-stated in part as follows:
•
•
"In the report to stockholders for the first six months of 1944, it
was stated, that the, company contemplated the completion Of 500 Wells
before the end of this year.
To date, 425 wells have been drilled and
it now appears that approximately 600 will have been finished by the
year-end.
Net production of crude oil for the month of September',
averaged approximately 82,000 barrels per day.
This record level of
production reflects the initial development of reserves recently disT
covered.
In the new West Edmond Field, near Oklahoma City, the
company has completed 25 producing wells and drilling operations are
in progress on 43 additional weils at this time.
"Since the formation of the Foreign Department a few months ago,
acreage or exploration rights have been acquired in Canada, Venezuela,
and Colombia,, and a test well has been started in Canada.
"The company's manufacturing facilities have continued to accom¬
plish steady-and substantial increases in output of critical war prod¬
ucts."
'*•...
•„..
;
'
... '
(other
days'
2,330,492
income
Purity Bakeries Corp.—Increases Quarterly Rate
1944—9 Mos.—1943
$26,532,744 $26,573,382
21,251,371
19.012,172
5,897,878
7.408,706
Cr4,864,288 Cr4,682,966
Frank
and
$860,361
$2,808,962 $17,958,818 $21,608,967
$3,100,346
Declares Year-End Dividend of 65 Cents—
The directors on Oct. 24 declared a quarterly dividend of 40 cents
per share and a year-end dividend of 65 cents per share on the com¬
mon
stock, no par value, both payable Dec. 1 to holders of record
Nov.
15.
Distributions of 35 cents each were made on June 1 and
Sept. 1^ this year, while on March 1, 1944, a payment of 25 cents.was
In
a
rents
& jt. facil
way,
fCost
—V. 160,
1530.
p.
-1944—Month—1943
Ry.
excess
accept the extension
transmit it, together
with their certificates, to Drexel & Co., agent, 15th and Walnut"Sts.,
Philadelphia 1, Pa.' The certificates will be promptly stamped by
Drexel & Co.,
agent, to indicate acceptance of the extension and
returned without expense to the holder.—'V. 160. p. 988.
,
V
*{$roKS
accrued
Operating
This
-
■Holders "-.of voting trust certificates desiring to
(should sign a letter of transmittal and forthwith
V
Taxes
capacity.
present
'
net
Pittsburgh & Lake Erie RR.—Earnings—
^Railway tax accruals**
$969,507
■
•
■Period End, Sept". 30—
The holders'of
•
of
revenuef*
Total
,
,
■
2,006,237
$133,829
*
revenue
prices
thereafter at
period,
;
\
Hemphill, Noyes & Co. will head
four-year
that
the
of
and
years
Jr.
Hillman
Vice-President
first
the
for
syndicate.
Equip.
trust certificates, representing
stock, have expressed a desire
agreement be extended for a
2, 1945.
The voting trustees, now comoosed of Charles E. Ebert, Bernard J.
Kelley, A. A. Mitten and Allen H, Crist (the latter having been substi¬
tuted for John A. Green,.resigned) have agreed to continue to act in
•
consisting
company,
2,866,599
2,510,826
$135,929
expenses
of common
holders
present
the
of
the sinking fund upon at least 30
Ry.
stock voting
substantial holdings-of shares of such
that
the common
stock -voting trust
further period of five years from Jan.
their
debt
funded
part by lot or for
understood
is
J:
Trusts—•
To Extend Voting
The
in
at
writing
for the
made at rate of $200,000 per month
and.at rate of $100,000 for 1942r
1944 and 1943,
mort¬
series, due Nov. 1, 1964.
Proceeds will be applied,
additional funds of the company, to redeem at 103%
outstanding
decreasing
4,221,100
appropriation
^This
years
$1,404,982
-
—*
filed
(formerly Pittsburgh Coke & Iron Co.)
Oct. 20
a
registration statement covering $3,400,000 first
with
or
notice
$1,705,014
3,141,796
256,995
3,193,474
Co.—Files Registration
Chemical
&
$3,455,000 first mortgage bonds, 4%%, series A, due March 1, 1952.
The new bonds are redeemable at the option of the company as
$12,513,379
lines**—-——*■*_-■
Miscellaneous deductions
_
any
3%%
entire
the
$10,529,949 $12,591,764 $12,287,280
gains
-588,428
399,863
231,099
income „„_*__**j*_*_**_**
Gross
Coke
403,274
269,444
3,480,333
323,358
459,287
revenues
$5.70
$7.35
$1.60
SEC
bonds,
together
Rental of leased
and
audit
annual
Company
with the
3,261,410
3,274,088
2,749,673
■
'
$2.47
stock L*.
Pittsburgh
gage
incl. payments to - City of
Philadelphia under 1907 agree¬
excl. income taxes..'-——
of 6%
shares
preferred
Total
Total
:
on
$2,675,133 $16,989,312 $20,748,605
$2,964,417
revenue
Auxiliary Operations-
$1,994,841
Statement—.
Taxes,
ment,
201
153
$2,570,716,
period, the results as now reported are
necessary year-end adjustments re¬
lating to inventories, reserves, etc. Net profits for the respective pe¬
riods include profits Of Canadian subsidiaries.
With the exception of
a
Canadian subsidiary for which excess profits taxes of $75,694 have
be,en provided, the company has no excess profits net income and no
provision for such liability has been made,-—V. 160, p. 1530.
1,435,683
costs
$560,844
Note—This being an interim
—
increased
lor
53
Net
revenues
Provision
share
per
349.470
,
$55,199,699 $56,323,379 $54,842,834
7,777,588
8,176,734
9,021,605
Maintenance
—a.**™***■***—
3,355,212
3,392,854
3,115,328
Depreciation & property renewals**
3,792,055
3,828.493
3,869,643
Pdwer operation
17,819.071
18,141.669
18,763,788
Conducting transportation- **_**—
4,750,218
4,817,777
5,114,030
General expenses, indl. accidents—
*Prov. for abnormal oper-, exps. &
2,100,000
1,800,000
600,000
other contingencies
Operating
Operations)
and Expenses of Car'and Auxiliary
31—
1944—Month—1943
1944—8 Mos.—1943
Sleeping Car Operations—
1
Total revenues
$12,493,550 $10,216,535 $89,552,021 $76,391,831
Total expenses ;
9,529,133
7,541,402
72,562,709
55,643,226
Net
5,484.140
1,921,946
4,932,363
3,168,737
1943
1944
Ended Sept. 30
$2,570,869 : $1,995,042
$560,897
52
in
Net profit
(& Subs.)- ■Earnings
Philadelphia Transportation Co.
$866,069
$866,017
interests
subsidiary companies*
subject. ,to
12 Months
Company—Earnings—
(Revenues
128,967
$41,147,614
4,217,490
525,995
233,532
395,429
206,867
244,814
215,655
399,513
227,893
Minority-
1944—9 Mos.—1943
•
the
with
week last year, a decrease of
Period End. Aug.
profit before minovity interests
Co.—-September Earnings—
Marquette Ry.
Pere
5.4%,—V.
'898,112
..
Net
Period End. Sept. 30T
served by this corpora¬
reported by Standard Gas & Electric Co.) for
21, 1944, totaled 190,319,000 kwh., as compared
kwh. for the corresponding
160, p. 1742,
Pullman
Canada-
and
S.
(formerly
201,225,000
taxes—
inc.
Slate
tion
4,029,354
39,446
and deprec.****
for
Prov.'
to 130,931,000
1944- amounted
21,
47,158,748
301,939
50,649,892
12,527,073
Deplet.
for
output
electric
ended
190,332
11,906,228
expense, ete,_*._*
on long-term debt*
gen,,
Service Corp.—Output-*
the operating companies
of
output
week ended Oct,
Cost of sales,- oper.- and
Int.
The
$15,090,637 $13,935,068 $59,940,327 $54,512,162
Sales, oper. and oth, inc.
Weekly Output— !
week
Electric
1944—12 Mos.—1943
1944—3 Mos,—1943
.
Public Utility "Engineering &
(& Subs.)—Earnings—
Pittsburgh Coal Co.
syndicate is performed, "the Phila¬
in excess of $1,000,000,
bonds to the Mellon-First Boston
Monday, October 30, 1944
&, FINANCIAL CHRONICLE
available for delivery
See offering in V,
160,
Corp.'s
comomn
Balance
"■'Restated
excess
*
to
reflect
4,127,395
4,533,305
4,127,395
704,543
405.91Q
4,831,938
dividends
1*—
revised
7,388,202
method
profits taxes.—v. 160, p. 1299.
of
accruing Federal income and
St.
Louis, Rocky Mountain & Pacific
Period End.
1944—3 Mos.—1943
Sept. 30—
earnings'.
$556,897
and taxes**
€0.—Earnings1944—12 Mos.—1943
$2,752,654
$2,545,294
432,149
$721,912
428,221
1,887,699
1,528,567
Interest charges
19,213
20,854
79,298
Deprec. and depletion**
Prov, for Federal taxes
25,114
22,643
101,424
82,123
32,100
100,300
249,500
281,844
$48,32.2
$149,894
$434,732
$566,514
Gross
Cost,
Net
exps.
income after Fed.
taxes
-V.
86,247
*
160, p. 571.
(Continued on page 1901)
*
1
»
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irj%^lSBtt»«liy»>4VUW I'Mrt'K
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.
jL"
1869
M
Stock and Bond Sales
DAILY
\
ipMv r
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4329
160
Volume
,
,
NOTICE
C**l* and deferred deWwry valet are
the New York Stock Exchange
on
Oct. 21
.
Oct. 23
Oct. 21
2%s, June, 1964-1969——-!
[Close
Total sales in
2VaS, Dec.,
Total
[High
2V2s
j High
[High
'
-
100.16
100.13
100.13
100.13
[High
$1,000 units
[Close
2%s
[High
4 Low
Total sales in
[High
Low
(Close
1947-
2s,
i
100.15
[Close
:
:
'%■•'
1
$1,000 units
1958-59—,--,-*—-
111.23
in $1,000 units...
—
'
'
111.23
units™
111.23
{ Low
,
Low
[Close
—
:
| High
Total sales in $1,000
(High
2%s, 1955-60
[Close
2%S, 1954-56™.
[Close
100.15
"
$1,000 units—.
'
-
Total sales in
'
■
1
[Close
$1,000 units™;
..
High
—
2s, March
1948-50-
now
Close
——•
Low
23>.S, 1948-51
100.15
—
(High
i Low
——
■
High
Total sales In $1,000
[Close
Total sales in $1,000
J
3
Total sales in $1,000 units..
j Low
3s, 1951-55—I
'
;
Total sales In $1,000 units—
Total sales in
Low
(High
A Low
2%S, 1952-55
Low
;
100.13
100.13
Total sales in $1,000 .units——
[Close
2%s, 1945-47
100.13
100.13
'
1946-48.
Total Bales
1
100.13
100.13
[ High
Low
[Close
.
■
100.4
5
100.16
—
2%s, 1951-53
Low
[Close
Total sales In $1,000 units—
Total sale3 In
100.4
100.2
5
2
100.16
units
:
3s.
100.2
100.2
100.5
*>
(Close
units—_i;—.
V«s, 1949-52-—
100.2
100.5
100.6
\
Total sales in $1,000
.
3
100.4
100.5
[High
2yas, 1967-72_
[close
,
100.2
100.5
1Q0.6
$1,000 units—
/
(High
[ Low
•
I
100.6
—■[ Low
[Close
1965-70
Total sales in
$1,000 units
100.3
fHish
/
•
[Close.
100.3
[Close
X
j L«w
Total sales in $1,000
100.3
Low
sales/mm.OOO units——.—_
Total sales In $1,000 units
3Va'S, 1946-49.
Oct.
Oct. 20
. Low
[Close
—-j
\J
{Close
Total sales in
Oct. 25
$1,000 units—
1964-1969.
■
3%«, 1946-56
Oct. 2 i
[High
(Hign
\ Low
1944-54
Oct. 23
f Higb
Treasury
$1,000 units...
Oct. 21
Prices
U. 8. Bond
Daily Record of
Oct. 27
Oct, 26
Oct. 35
.■{ Low
4%s, 1947-52.
at,
Securities
Treasury, Rome Owners' Loan and Federal Farm Mortgage Corporation coupon bonds on the New York
Figure$ after decimal point represent one or more 32d of a point,
' ■
:
' ;
'
[ High
Treasury
Total sales In
the day. No account la taken of such sales in computing the range for the year.
disregarded in the day** range, unlet* they are the only transaction* of
the current week.
8. Bond Prloet
Dally Record of U.
YEARLY
■
daily record of the transactions in
Below we furnish a
Stock Exchange during
New York Stock Exchange
WEEKLY
■
United States Government
i
«»
units
—
I High
units—
'
Total sales in
Low
[Close
{ Low
[Close
2%s, 1951-54—
•{
28, Dec. 1948-50-
[High
Total sales in $1,000
units™
I High
$1,000 units
9s, June, 1949-51——
j High
i
Low
2%s, 1956-59.
—
t
Low
[Close
■
Total sales
in $1,000
units—..—
I Close
Total sales in $1,000 units.
I2s,
2%S, 1958-63
[High
Low
1949-1951-
Sept.,
[Close
[High
Low
Total
sales
in $1,000
units—.
[Close
~
Low
1949-1951—
Dec.,
Close
[High
Low
,
2'is, 1960-65—
Total sales in $1,000 units
f High
101.15
_■{ Low
[Close
sales in $1,000 units—,—
101.15
Close
Total sales
in
;
March,
2s,
$1,000 units———
[High
1945
2%»,
Total
[Close
Total sales In $1,000 units
2s,
...
Low
I Close
Total
[High
\ LOW
1948
sales
in $1,000
units
High
SM.S, 1949-53
Total sales in
(High
Lc
Low
units-
i-;—
[High
Low
—
Total sales in $1,000
f High
—\ Low
2s
•
| High
-i
1953-55
Low
(Close'
Total sales
in
$1,000 units—
[High
(High
l%s
-f Low
[Close
in $1,000 units
100.12
—
[cioso
Total sales
100.12
units.
Total sales in $1,000 units
SMjS, 1956-58
100.12
j Low
(close
1252-1954
2s,
[close
-
Low
[Close
Total isales In $1,000
f High
S%8, 1952-54
-j
1951-55
2S.
[close
■'
Total sales in $1,000 units
100.21
$1,000 units™
[ High
A
A
—
100.21
2s, 1951-1953—
Total sales In $1,000 units
J^S, 1950-52
100.21
Low
Close
[Close
Total sales in $1,000 units——
—
8
High
.™J
1950-1952
Sept.,
101.15
1950-1952
[Low
—
*
[Hign
8s,
Total sales In $1,000 units..
1948——————
[ Low
(Close
Total sales
—
In
$1,000 units—
—
[High
Home
•! Low
2%b, 1962-67
Loan
Owners
[Close
Total sales in $1,000 units
iy2S, 1945-1947
—
Total sales
^
{ Low
(Close
1963-1968
2%8,
In $1,000
High
Low
__-j
,
[High
Close
Total sales in $1,000 units———
^Transaction of registered bond. 114 bonds sold registered on Oct.
; *Odd lot sales.
units
NEW YORK STOCK
RECORD
Range for Previous
STOCKS
Saturday
Monday
Tuesday
Wednesday
Oct. 21
Oct. 23
Oct. 24
Oct, 25
S per
share
61%
nio
110%
60
60
9
S per share
S per share
60%
111
mo
61
110%
*57
9
60%
60 %
*57
8%
8%
62 %
62%
60%
111%
63
*110
*57
60
8%
*60%
8%
*8%
*61%
63
Oct
Oct .26
$ per share
60%
111%
*110
*56
60
8%
8%
61
63
60%
■
*60%
50
4,100
61%
61
62
12%
12%
12 %
12%
12%
12%
12
12%
11%
*30%.
31
31
31 %
*30%
31%
*30%
31%
31%
31%
*30%
*24
24 %
23%
23 Va
*23%
24
*23%
24%
24%
24 %
40
40%
39 %
40
39%
39%
39
39 %
6%
6%
*162
165
39%
90
6%
*37
6%
161
161
2%
160
2 y4
39%
90
6 %
.
6%
161
*87
6%
164
*87
90
6%
6%
161
164
2%
6
6%
2%
2%
2%
28
29%
28
28%
28%
29%
28,
52%
51%
51%
50%
51
*50%
51%
*50'%
51%
*52
.
15
150%
28%
27%
28
84
84
84
15%
27%
*82%
15
15111
150%
*15%
16
*31
150J
31%
For
2
*15%
footnotes
31%
see
150%
27%
*84
14%
.
16
149%
*15%
31%
page
a
31
1879.
27 %
86 '
14%
150
16
31%
27%
*83
28
Vt
86
27%
*83%
14%
14%
14%
148%
150%
148%
*15%
31
16
31 %
*15
30%
28%
Address-Mutigr
4,200
110
.
—2.50
25
Corp..
No
Inc—
Vicksburg Ry__
Juneau
Gold
7,500
50 Va
1.500
27%
27%
*83 %
86
J4%
*14
14%
V2
149
148
150
16
*15
6,300
100
100
30%
Alghny Lud Stl Corp
AUeg & West Ry 6% gtd
2,400
Allied
No par
100
Allen Industries Inc
16
30%
Corp.i
1
pf A with $30 war
-100
$2.50 prior conv oreferred-No par
1,600
Chemical
&
Allied Kid Co
3,000
Allied Mills Co Inc
1
Dye
3
37 'A May 18
10
5%%
50%
Jan
par
Allegheny
9,700
53
8
10% Jan 27
2dyaJan 31
19V2Jan
6
l
Par
.100
Min
Albany & Susquehanna RR
2%
8ys Aug
10
No
Corp
Reduction
Alaska
28 Va
87
31%
Air
Alabama &
6,800
100
No par
Co—
800
6%
1
Co
Express
Adams-Millis
162 Va
2%
28%
21
Steel
Adams
500
28
2%
2y4
29%
.Acme
Motors
31%-
90
%
*161
162
2%
29%
6,700
preferred
Abraham & Straus
ACF-Brill
39%
39
*87
90
1,000
12
4%
/
52VaFeb 21
109% Jan 17
47
Jan 24
No
par
5
No par
Jan
13
5% Apr
18
3
75
124
Jan
2
Mar 29
23'/2 Jan
3^
Jan
4
24 V\ Apr 19
70
Jan 21
37
t
per
I per share
share
64V2 Jun 23
114
Jun 12
60
July 7
9% Aug
Year 1948
Lowest
Highest
S per share
No par
Abbott Laboratories
24 V*
24
Lowest
Par
40
9
-
Range since January 1
STOCK
YORK
EXCHANGE
.400
60
12%
NEW
Shares
no
8%
8%
64%
*88
60%
for
the Week
110
60
12%
91
•
*57
111%
*62%
*83
27
t per share
$ per share
*60%
Sales
Friday
Thursday
19 at 100.16.
51
ya
108
Jan
Nov
Highest
$ per
share
63 Va Mar
115%
Sep
35%
Jan
52
July
41%
Tan
57 J/a
~Sep
3
64% July 17
13y2 July 12
31% Oct 26
24V2 Oct 18
43
July 15
93
Sep
6
7% July 13
165
Oct 20
3
July 14
34% July 1-1
58% July 14
29% July 5
85 Va Jun 13
7%
Jan
13
25 ya
Feb
32 Va July
14%
Jan
21 % Mar
38%
Jan
48%
67
Jan
76 Va
Sep
Jan
7%
Apr
Jan
128 Va
Dec
Jan
3%
July
Jan
32%
Sep
Jan
45%
Sep
Jan
31% July
3%
85
5
ft
13
18
Va
75
Apr
Jun
May
64
Jan
3
15% Oct
7
7
Jan
141
Apr 26
13% Mar 18
152% Oct
5
140Va
Jan
16»/a Feb
5
10V4
Jan
14% May
35V* Mar 27
16%
Jan
37% Nov
9y4Jan
29
Aug 15
11%
165
.Tun
July
•1
'
•
.1870
NEW YORK STOCK
Oct. 31
$ per share
20%
*100".|
101 ',:>
36 7
37'm
a
*211
L
112"'.
112%
112%
„
*21%
21%
*21%
21
31 i>
3%
3%
100'a
10.1%
3!
*3%
u
101 'a
10.1%
3%
42
*40%
300%
100'
*99%
28
82.
81 \ h
21
21":.
20%
20%
*20%
21
66"
00!
00! is
66 %
66%
*66%
67%
17
16!
1612
16%,
Xl5%
45
a
17
17
10
45 %
45'i.
45%
45 %
131 %'
131%
11%.
12%
11%
11V
09%
89
89%
132
12%
12%
89"
89%
91%
*26%
26%
130%
320!2
111
129!2
a
'
t
14%,
17%
13%
37-Tt
]3 r:.
.
•
'
26%
28
27%
4!
*3 '1,
*9'"
37
a
26".,
26%
37;,
3 "a
19"
89
36 1
,
%
5
5%
5%
43%
*41%
%
*41%
76
75%
0
6%
0%
20 7
22'7
22
101% 101!
J
16!-,
16 %
12' 7
:
•
101%
1.00%
15%
15%
ii.";,
11 "4
24%
25-
*129
132
36
30
36
,30
2%
2%
3
2>%
.2%,
700
1.200
1,100
8
8
48 %
20
20%
20%
24,000
101%
101%
16
16%
15:%
800
4,300
.
11%
3,800
25
25
3,900
129
132
50
11%
12
25
4
36%
2%
36%
2%
410
7,100
37
2%
55 %
55 "7
54
55
53%
54
53%
53!a
52%
48! 4
47
47.14'
47%
47%
ii7;,
.1214
11%:
12
12
12
12'/,
12%,
11%
173 %
1731-a
*173%
170%
*173%
176
15%
I.5I4
14%
35!
74
74
73 %
74%
5,300
4.900
25,900
90
5,800
1,140
53%
46%
48%,
40 "i
46
40 U
.
18
%ii
16"«
*31
■31%'
*140
2ii1
.
127:)
"4)7 %
60
12"
•
1
119
tii
9
!ji
8!
*
a
3,800
500
28%
*28%
163%
163%
162%
'2
0/72
o 1
07%
67! a
67%
68%
68
67%
67%
143".,
144
143%
143%
V:t
•
7.900
ouo
11%
11%
11%
4,300
45 %
45
45%
3,800
119%
119%
11%
a
120
•
8%
8%,
8%
8%
*06 "a
98 %
8%
100
*97%
2.590
8
7%
400
>
,
'
8
88%
89%
1,900
4%
4%
48%
*47%
4%
48%
1,800
1100
50 %
90%
90%
89%
8%
8%
S7%
8%
8-
100
17,400
119%
*118%
8%
97%
89
980
12%
45 %
*118%
45!
8
4.300
,
45 %
v
97%
02%
:
143%
118%
0%
400
30
29%
163%
*25 *7
97 7«
96! 2
44%
10%
*11%
10%
17%,
16%
17 4 a
106
102%
67%,
.
35
35
73%
30!
30
16%
.
15%
16%
56%
16%
50 '2
56%
56%
*17%
18
98
2.500
38%
39%
7.200
34%
33%
33%
33%
73
73
74.
1.300
>100
30
8.700
15%
*60%
*10
*77 '
77
78
77%
79
5
4%
5
4%
56%
*36%
60 %
60%
113
113
*17%
113
18%
18%
18%
10'%
10%
10
10
1
74%
*72
74
77
77
4%
22%
23 %
5
4%
4%
23
22%
4%
'
.voo
710
4%
40%
Jun
53%
18
76% Oct 23
Jan
70 !
May
Jan
5
May
2
7% Aug 18
19
79
66%
"37%. Jan
Aug 30
Apr
Sep
9% July
7
4%
Jan
9% May
9% Aug
10
5%
Jan
7%
Jan
10
Jim
13
4
22",4 Oct
13
4
101% Oct
20
50
Oct
Jan
47
Nov >
17% May
Nov
82'A
Sep
39%
7%
,
Feb
68
12%
Jan
15%
Jun
4
.7%
Feb
10 Va
Jun
Feb
15
18
25% Oct 21
25
Jun
-20% Jan
27%
Apr
116%
Jan
125 %
Nov
38% Aug 22
X2G
Jan
36
129 % Oct
'Jan 21
10
i9a
Aug 29
59
18%
16%
Oct
4 %
Jan
Jan
Jan
3% Aug
6
44% Feb 21
May
48% Oct
.
45%
Oct
11%
Jun
Feb
14
517/e Aug 23
Jan
3
12% Aug 21
163
Jan
22
12% Jail
3
17% July 10
10%
Jan
16% July
62% Jan
3
75% July 13
54
Jan
69% July
13% Jan
Preferred——
—100
American Rolling Mill—
-_25
4% % conv, preferred
—100
7
8
%. Jan
American Safety Razor-*
-18.50
American Seating Co
—No par
Amer Ship Building Co
No par
Amer Smelting & Refg—No par
180
18% Sep 30
13
American Snuff—
—25
6% non-cum preferred———100
Amer Steel Foundries
—„No par
American Stores_No par
American Stove Co—.
No par
American Sugar Refining
100
Preferred
—_;
—100
Am Sumatra Tobacco
—No par
146% Oct
32% Mar
36
Dec
Jan
45
Apr
24
141%
Oct
19%
Jan
3
24 % Aug
Feb
11
Jan
7
12
30
129'A July
158% July
16
3
Jan
139
7
8% Jan
18
127%
Jan
July 14
42%
Jan
July 11
152% July
6
43%
Jan
65% Julv
129%
Jan
146"! July
6%
Jan
75
75
13% Jun
3
39% Apr
19
19
Jun
23
49
116% Aor 26
6% Jan
3
Aug
32% Aug
31% Jun
3
57% Jan
Jun
115
Jan
Jan
164% Oct
6
17% July
33
91
7
26% May 17
Jan
Dec
16
Jan
21%
56% Jan
Apr
Aug
29% May
17:% Jan
/
Aug
151 %
11% Mar
14
49% Sep
29
Apr
161
J9% July 20
20
156
47%
Feb
Jan
27% Mar 16
111,
—100
May
35%
151
3
Apr
18
Dec
144 %
a
-
Tobacco—
*
—25
Common class B
—25
6% preferred—————100
Ame.r Type Foundries Inc——10
American Viscose Corp—
—14
5 9J- preferred—
—100
Am Water Wks & Eiec—
No par
15%
Jan
11
45!
16% Jan
American
Oct
Oct
July 12
160
9
22% Jun 10
15
173
25
43% July 10
3
Jan
J39% May
Jan
Feb
12%
8
11
31% Oct
3
36% Jail
147
6%
154
Aug 14
18% July
13% Feb 21
26% Jan
—100
32
63 %
12% July
10% Aug 12
3%
121% Aug
9
Jan
98% Aug 15
Sep
49%
Jan
115% Jan
120% July 11
July
May
88%
Nov
53%
Jan
6% Jan
3
9% Aug 14
3%
Jan
8% Julv
67% Jan
3
94% Aug 17
55%
Jan
79% July
84 !a Jan
No par
$6 1st preferred———
Apr
Jan
Jan
2%
44!4 Aug
10
36%
Feb
35
9
American Woolen—
No par
Preferred———
_100
10
7%
Apr
5
3%
Nov
54% July 26
42%
Jan
24% Jan 26
28
24% Nov
31%
25
Jan
24
33% July 17
24
Jan
29%
20
Jan
7
28% July 20
16%
Jan
23% July
117% May 26
111%
Jan
8%
Dec
1%
4
85 prior conv
Jan
Feb
6% July
3
44
Amer Zinc Lead & Smelt
16
Jan
6
9% Jan
10
2% Jan
2
114
42
Jan
3
July
116
Apr
Apr
Mar
14%
Apr
Jan
3%
Feb
34
Jan
47%
Sep
5
3
Jan
6%
21
46
Jan
75
Sep
49
Jan
84
Dec
30
Jan
40%
Jun
7
/
4% Aug 30
57
54% Mar
16
Oct
13
>
6
Jun
6% July
Sep
4% Apr
19
74% Jan
9
Jan
3
35% Apr
18
46% Jun
9% Feb
17
3
12% July 10
28-
6%
Jan
10%
Jun
13% Jun
4%
Jan
10%
Jun
Jan
15%
Jun
85
——^5
Baltimore & Ohio—
GO
30
6% Aug 18
40
14,20.)
50%
*59%
37% July 17
3
5
$6 preferred———No par
Baldwin Loco Works v t c
300
950
250
16
19
Jun
26
July
78% Jun
1
12
2
$5 preferred
No par
Am Rad & Stand Sair'y—No pur
Amer Telep & Teleg Co_:
87%
Jan
Jan
Jan
May
1
—No par •
12.100
4.100
46%
7
Jan
32
36.900
15%
*10
4! a
120
110
5
Jun
Apr
9
12"A July
8% Jan
98 Ye Oct
119
7/'
Jan
28
12% Jan
4
17% Oct
7
6%
Jan
3
108 % Oct
26
72%
Jan
97% July
26
59
Jan
94% July
6
29
Jan
39%
Oct
July U
100
Jan
108%
Nov
90
85 % Jail
33
3
May 19
103% Oct
,
45% Sep
108
103% Jan
19
53% Jan
3
71% July 20
Jan
7
98
Jun
25% Jan
•3
44
May 31
82
Feb
15
59% Jun
7
24% Jan
14
25
5% non-cum preferred-100
Atlantic Refining—^
—25
4% conv pref series A
—100
Atlas,Corp
;
.5
6% preferred——
—50
Atlas Powder
—
—No par
5% conv preferred—
—100
Atlas Tack Corp—
_No par
Austin Nichols.
—No par
$5 prior A
—
-No par
Aviation Corp of Del (The)
—3
15%
*17! a
78
10 %.
109
56%
113
113
113
*17%
29%
110%
9,300
65%
16%
16
*56%
60%
60%
113
*70
30
30
112
18%
10%
10%
.
29 "4
*110%
30%
18%
10! 4
10
4%
.97%
56%
114
114
115
*17 !a
65
97
*69
.15%'
61
60'%
00%
00
115
65%
73
*56%
.
120
39%
34
111
-
39%
40%
111
-100
96%
34
29%
4
'
66%
39%
*69
112%
112
112
.
*105%
45
106%
96 %
39%
35
106'%
103%
66 %
■
33%
40%
*69 J
30! 7
30
112
96%
103%
*44
46
105%
67%
96%
34! 2
„
70
-70
66 %
96%
39%
40%
*40'2
.67 Ha
4
103%
.
240
330
109
105%
106%
66%
90
*105%
96!
67%
9G
105%
45
70
Jan
8% Jan
103%
107
1%
39
Jan
20
107%
45
1.400
29% May
16% July
—No par
Preferred
10
115% Feb
103%
-
45%
105%
106%
*105
American News .Co
Amer Power & Light—
Jan
Nov
14% Feb 29
107 %
103%
*45
45%
*45
,
107-
102%
103%
102%
40
*45
107
106% 100%
100%
102%
96
*107%
Jun
Jan
1%
6%
22%
7
Mar 22.
5
'80% Jan
1081/2
11.500
17
4'A
Feb
14% Feb
5.400
5%
.
Dec
% Apr *25
7
46
17%
5%
,
54 %
27
"
171/4
"600
*105
Dec
6 % Jan
17%
54%
107
42%
92% Oct
Mar 27
4
10%
*53%
108
*106
Jun
11
25% Apr
Apr
% Jan
61
■
16%
541%
96
104'%
102
8
65
_No par
No par
No par
-100
Amer Mach & Metais:
Amer Metals Co Ltd
6% preferred—
10
39% Mar 31
—100
——-
Amer Mach.& Fdy Co,
Jan
Jan
:
3
10%
3%
96%
18%
Jan
5% Mar. 16
27
33
16%
3%
97
Dec
29
15fa Jan 10
10%
106
.
3%
6
Jan
97%
10% July
26
68
16%
*106
108
*96 %
96%
*300
t 700
3%
6
6
•
11% May-
6%
13%
11
4% Aug 17
6
Apr 25
Jan
59
10%
96 *2
97%
108
6%
6
6%
*54
Apr
53% Jan
,
1% Oct
.
17%.
•
*10%.
.7preferred
•
2% Mar
8
23.
10%
6
53%
40
11%
54%
3%
3%
53%
54
54
7
July
80
24%
27
Aug 18
18% Oct
14
Jun
45%
;,
Sep
15
107
21% Sep
Artloom Corp—
—.No par
Associated Dry Goods
I
6 Vo 1st preferred————j—100
7% 2d preferred————100
Assoc Investment Co.——No par
5% preferred—
.—100
Atch" Topeka & Santa Fe—100
5% preferred
—
^j___100
Atlantic Coast Line RR——100
Atl G & W I SS Lines
_xl
3%
400
*11%
11%
11%
14,600
115
*113
115
116
Ills
11%
*11
92%
4
101% Feb
Arnold Constable Corp
3%
117«
5
18
MarlO
14
1,100
11%
li7;,
10% Jan
3,xuo
*115
45 lis
4
112% May
10
115
115
11%
98 %
Feb
9%
115
25%
'
109
*103
116% July
86
10%
*25
;
Nov
20
2.900
25
6%
107
130% Oct
11%
25%
25
54
•
'•
115% July 24
18
45%
29%"'.-:"-/ f 420
3%
54
26
108% Feb
11%
2t%
29%
*3%
107% Oct
45
26%
-30
*112
91% July
185 % July
Jan
11%
27
30%
12%
Jan
Jan
45%,
27%
30%
20 %
9% May
Jan
Nov
71%
168
Nov
11%
26%
30%
26
Aug
18%
45%
27%
30 "4
*24%
3%
'
July 10
134
,
59%
11%
26%
3.1
26%
127%- Jan
Apr
43% July
.
24%
45%
27%
31
26%
9%
•
27!« July 15
11%
'
4%
49
Jan
42% July 14
Oct 19
44%
■
•
Nov
Jan
26
23
11%
•
-
61
Jan
4%
27%
Sep
Jan
68% Jan
44 %
4%
*47-1 a
Dec
47
Sep 25
183
5
18%
18
14
July 12
95% July 13
May 12
l
Mar
33% Apr
11%
■
4 "4
48%
27
115
112 !'4
*111,.
8
82
76% July.
Jan
170% Jan
45% '
48-
27%
•
133
.1
preferred——25
Anaconda Copper. Mining--— -50
Anaconda Wire & Cable:
—No par
Anchor Hock Glass Corp— .12.50
$5 div preferred——No par
Andes Copper Mining———_20
A P W Paper Co Inc
_5
Archer Daniels Mkil'd—No par
Armour & Co of Illinois
—5
$6 Conv prior preferred
-No par
7 'In preferred —
——100
Armstrong Cork Co
No par
4%
*4-7%
4%
4%.
314.4
27! a
*31
45!
48%
128%
48
'
G
48
*127
,
67%
12
9%
500
i
48"
*41i.
*
49
28%
144
98
■
09
4%
4! 'i
1,000
24
67 %
45
119%
8%.
92 %
92
8,4uu
17%,
2t\ a
t> /
-11%
45!is
97":,
i
8%
•
25 %
*23%
L48
163%
30
163 %
30
*17%
128%,
128%
600
23%
4a
47 %
v
17%
,
128
'
'43%, ,44
/
*146%
:
47! a
143%
.
•
*8%.
17%.
260
67'.;.!.
-12%
*118 %
9!-,
97"
25"i,
23%
670
4,600
67 %
144
45
119%
,*.47
■i
%
147%
25 %
'
45'.a
4fv
*1
128
162%
•68
11%
.
*29%
.
67%
67! a
12"
i
30%
143%
68 •
,
143%, 144 %
I
25%
-17%
23
128
1031a
*67%
(ifi
-
17%
47
47%
102%
,
25%
17%
23
23%
*29%
163
43%.
:
23%
25! 4
.
.
128
*127!
i
2!l;,4
29%
lt»27«
44
148
148
30%
39%
39 V3
159
1,000
159%
30%
"•
40i%
159V4
'
20
.
.
159 %
*43%
:
149%
*148
,17%
47%
44
*43%
43%
149 %
40%
40%
*158
100,
17
15%
15%
30%
30%
30'«
30%
40!«
23! 2
'
41]'4
*127'i
15%
158!'4
17%
24
47 'Hi
16
39 %
25 %
i
17%,
■Yg.
15%
158%
*148
1491 ;>
.
26
17
41!«
73%
73
*16%
17
159%
43%
44
M'3%
14%
73 %
*1614
39%,
159
*160
72%
.
177%
14%
14%
16
30%
31%
31
;
158%
41.'.4
41 ii
14%
17
16
16%
16%
173%
*173% 176%
73
72
*16%
s
11%,
.14 % '
3 4%
-t
17!
xl7%
*17",
,
.
2,900
8%
*47%
2%
36!
36%
2%
1,400
75
7%
101
•
'
6%
*71%
21%
11 %
25
700
1,700
'
75
6%
6%
73
1291V 129%
132
*129
30
*128
6X2
73
48
15%
•
*74%
74%
74%
8 %
*8
*100%
u
«
8%
20%
7.300
43%
6%
*47
21%
.23!
*42%
43%
42%
75
48
12
11%
25
I 5%
'
B5%
*5%
35,100
£2%
35%
5%
■5%
75%
20'%
16
90
36
43 7
%
8%
8%
89%
36
53a
6%
%
82%
36
5%,
*72
8
7,600
89%
,
36
48
101 %
5 "'a
25%
J.1%
26%
17%
22
a
101
a
97
16
#s
*48
49
95
6%
*8
U!«
8'a
8%
8%
*48
3%
88%
72
8%
58,700
3
13%.
75
8%
8!t
8 "a
*8%
1%
95%
75%
*6%
700
26%
*26
26 Vis
26%
1,900
3%
*74
72
1,400
10
7.8 %
*41
74
4,100
.
3%
3%
*9%
10
94%
43%'
6%
%
7%
•.
9%
126% Apr 12
Oct
Jan
8%
,
'
3 "1 is
.
'
74
74
•
70
26%
26%
3%
___
19%
*41%
43%
76%
106
105
95%
3 %
5%
'
5,000
19
35%
88
600
18%
95
88%
35%,
30
5 "a
5%
26 "4
•»
13%
27%
*3%
860
126%
17%
106
26%
37,.
130
*12%
46
34
5% conv preferred—-——-100
American Chicle.——
—No par
American Colortype CO—
:
—10
American Crystal Sugar—i—10
6% 1st preferred—
100
Amer Distilling Co Stamped-.—i/20
American Encaustic Tiling
Arnep European Sees—No per
American Export Lines Inc——1
Amer & Foreign Power-—„-No par
$7 preferred
:
Nt> par
S7 2d preferred A———No par
86 preferred—
No par
American Hawaiian SS Co__——10
American Hide: & Leather—
6% conv preferred
.
—50
American Home Products
1
American Ie«
,
No par
6%non-cum preferred—
—100
Amer Internet Cotp_
— No
per
American Invest Co of 111———1
5% conv preferred-'
50
American Locomotive—;
No par
1,800
26
108%
126%
127
*105
26!
3%
89%
25%
107.%
14
86'%
Preferred -1
—100
American Car & Fdy
—No par
7% non-cum preferred——100
Am Chain & Cable Inc
—No par
1 600
26%
—
—
3
37% Jan
No par
—100
—1
_25
Jan
Jan
6
68 % July 18
.19% Jun 27
7% Jan
1
^
Amer Cable & Radio Corp
Can
'6,600
127
10
95
19%
09
.
a
38%
88%
17% '
3%
3 ';.
19%
30
89",
1
97%
18%
98
19%
38%
preferred
American
510
.
87%
12%,.
*9%
94'%
19%
3%.
3%
95
97 %
*35%
:
181%
88%
12%
26 %
*20%
■
1,900
109%
27%
27%
16,700
39
17%
4
6%
20
11%
88%
181 Va
4
10
a
9%
26%
>
•
*37
■
4
or«
■:
27
26"«
28
is
9%
*25%
10
■
14
131%
26%
106
*105
100
*105
Jan
88
17%
13!
17%
GO
11 %
107%
127%
*13
13%'
17 "a
17%
25
50
37%
26%
.
Apr
23!a July
88
,.
111
126-%
127
*13
100
*105%
*26!;
*110
110
126
17%
39%
,
84"/, Oct 23
Am Brake Shoe Co
5 % % preferred , :—
181%
88% .'. 89
.
,
26%
1
2
.
33%
17%
106
*105
1
201
110.!
20%
109%
'2 6 7
89 ;
25
3,600
38".,
39
.88%
Apr
16
44%
181",
182
38%,
,
92
May 17
58
170
Sep
2% July
52
26
44%
180%
Oct
Jun
Amtir Agricultural Chemical_No par
American Airlines tnc——
10
American Bank Note———10
Mar 29
as
par
23%
.
23
110% July 17
31% Jan 14
American Bosch Corp..
180%
31%
12
1,700
131
Jan
28% Jan
3,800
1
Jan
50
6%conv preferred
Petroleum. Corp—No
20%
88! 3
Jan
%
13%
X67 '
July 14
Oct 23
Amerada
67%
16
r.%
•
17%
118
4
,20%
*86%
43% July
42
*67
4
88!
Jan
4
*15%
131%
•11%
117;,
11%
x87%
26 %
19
16
45%.
5
July 5
23% Jun 28
24
Apr 19
Jan
67
20%
*131
131%I "
*131
131%
181
40
89
,
109V2-
,130
81
.
Dec
40% July
33 % Apr
1,400
7,400
27%
8Q%
44%
4513
45%
45%
38 7,.
92
*109'A
h
>131%
382%
*180".
39%
30%
.
39 %
1
181 %
181
27Va
20%
Sep
97
17% Apr
500
,
16%
Jan
,
1.300
82
67
16".,
t
41%
101
101,
27%
.
8C%
82.
,
*40%
41%
Jan
103
2
share
6%
73%
July 10
22
3
105
Highest
$ per
share
7
27
Alpha Portland Cem—
—No par
Amalgam. Leather Co Inc
—
—1
4,500
3%
*3%
34a
27%
28
80%
2.1%
*131%
400
!C0%
28
,
—
8,700
,
$ per.
July
14% Jan
96% Jan
No par
5 % preferred—.—.
;
100
Allls-Chalmers Mfg—
No par
4r,'c conv preferred-——
100
1,600
21 %
*40%
84".'.
152%
,
112%
21%
21%
*69
101 %
28 "a
28
81
66
112%
3%
01%
28
*1211
,
3%
411
35%
21%,
113
23
'■
28
*
21%
■*40%
42
4
35%
112%
35%
Year 1943
Lowest
• 1.•:
$ per share
$ per share
Par
Allied Stores Corp
200
102
36
113
35%
"V
3%
'
41 %
*40%
35%
*21%
113
217
•>
Range for Previous
Range since January
U1 rrlio
Highest
R niUAef
Lowest
,
8,000
20 %
102
102% '
*101%
112%,
35%,
.35%
37
30
;
J12."
112%
102 %
*101%
1C2 %
*101%
101 'V
1011,:,
RECORD
Shares
share
20
20%
20
20%,
20
20
$ per
share
$ per
5 per share
share
per
19%
207 a
20
20";,
$
share
$ per
the Week
Oct. 27
Oct. 20
Oct. 25
Oct. 24
Oct. 33
Monday,' October 30, 1944
NEW YORK STOCK
EXCHANGE
Sales for
Friday
Thursday
Wednesday
Tuesday
d».»'
,
STOCKS
SALE PRICES
LOW AND HIGH
Monday
Saturday
■
& FINANCIAL CHRONICLE1
THE COMMERCIAL
107% Feb
18
11% Jan
3
53% Jan
7
52 y4 Apr
19
112
-
May 26
14'/TMar 31
44%
66
27
67% July
Jan
Jan
90 % July
38
24% Nov
May
35 % Oct
20
19
Jan
36'A
Oct
Oct
20
44
Jan
68
Oct
18%
Jan
28% May
70
32% May 17
Oct
106
9
17% Oct
5
114
57% Oct
62
,
Jun
18
50%
13% May
66
Apr
19
84 % May
3
5 % Aug
Jan
Jan
123
16
7%
8
Sep
68% July
Jan
2%
Jan
28 Va
8
9
3% Jan
Jan
57
52
July 31
25
Sep
13% May
113
120% Aug 14
Jan
Mar
Jan
6%
2
12
7
113%
Jan
9%
Jun
Dec
Aug
85% Aug
6%
Apr
20%
3% Nov
Dec
B
'
23"
23%.
,
.
2 2 "'a
23%,
22%
23
22%
23
8",
*24!
8%
8%
8%
8%
15
14%,
15
14%
14%
14%
14'%
14%
14%
3.7CO
A%
11 %
12
11 %t
11%,
11 %
11 %
11
11
11%
11%
1,700
Bangor
65' ;>
*64
8%
14%
12
12
8%
15'I,
8"i.
*15
8%
64%
65
64%
64 %
64%
64%
65
65
65%
130
24-%,
24
24! a
24%'
24%
24%
2.000
25",.
1
8%
8%.
24':,
■•17
*53
16'A
18
*51
53 "a
,51
161,
.
*17%
51",,
*17
16
16%
8%
16
18
■
*63
%
24%
24
17
*17%
17%
*17
17%,
*17
17%
100
51
*51
51%
*51
51%
*51
51%
10
16
16%
16%
5.800
16%
■
24
15%
16%
15%
10
16
15%
16
15%
16
*15%
15%
15%
16%
16
31 "a
31%
31%,
31'A
31%
*31%
31%
31 %
31!
31%
31%
35 "a
35",,
35! 4
35 "u
35'%
35%
36'%
36
38
37
2.900
16
31%
37%
*35
MOO7 a
110
9 "7
9%,
*32'7
34%
119
*117
*11%
127a
44 "4
For
*108%
9%
*32%.
*117
~
*
110
9-%',
34%
11%
11%
13 !7
12%
13
43 %
footnotes see
*32%
1879.
110
9'4
34%
*108%
9%
*32%
110
9%
34%
*109
.
9%
*33 Ve
1C9%
9%
34%
109%
9
*33%
1
800
2.600
.50
110
43'A
119
1'2
12%,
43%
Aroostook
&
33%
...
5'%%
50
Co
5
1
No par
25
JVo par
—1
—;
50
20
JVo par
1
Barnsdali
Bath
Oil
Iron
Works Corp
Bayuk Cigars Inc.—
Beatrice
$4.25
Creamery.—
preferred
Beech
Aircraft
Creek
Corp
RR
300
Beech-Nut Packing Co__
*11%
12
*11%
12
11%
12
500
Belding-Hemingway
12%
13
12%
13
12%
13
4,600
43%
43%
43%
43'%
43 %
43%
119
119
*118
121
%18
121
*6.500
Bell
Aircraft
Bendix
Corp
Aviation
:
•
-
5
Apr 24
3
3
3
Jan 4
,21% Apr 25
12
Jan 4
43 ;Jan 24
14% Sep 13
14% Aug 9
25% Feb 15
31
May 22
105% Jun 24
7% Jun 8
60
No par
2
preferred
■
5% Jan
9% Jan
9% Jan
100
_10
preferred—Barber Asphalt Corp—:
5%
Barker Brothers
18
.100
.50
preferred
Conv
Beech
3.700
9%
"
*11%
12%
44!7
page
9%
*118
119
12
45
108%
2
13
—100
.
31
>Jan
1'
111% Jun 12
10% Jan 3
10% Apr 25
33% Jan 13
24% Oct
10% July
18% July
13% July
66
Jun
26% Jan
18
July
53
Aug
18%
18%
31%
38
2'
5
5
20
3
24
5
21
Mar 17,
Mar 15
July 10
Oct 26
11,1 Oct 11,
11% Jan 3
35% July 11
119
13
15%
46'%
Oct 25
July 6
Jan 11
Sep 1
,
103A Jan
3% Jan
.6 Jan
10
■
12%
23%
24%
105%
7A
Jan
Feb
Jan
Dec
28% July
15%
Sep
47
Jan
Sep
19% July
Jan
Jan
20% Mar,
x29
May
Jan
33,% July
Jan
X110
Dec
Nov
25% Jan
93 Jan
9/a Dec
9% Nov
33 Nov
Apr
63%
5% Jan
34%
12_
5%
30
12%
; 13%
Apr
14% Apr.
14%
■
Sep
Sep
33% July
114
Aug
11% July
20% Ma t
39 Vb
Apr
.Volume
LOW
Saturday
203«
$
20 Vn
*54
20
56
4i %
X41% '
41%
•
18%
193 b
18%
19
633V
63%
62
64
'124%
126'/a
*50
125%
51
10%
22
10%
*19%
18%
*107%
16
■
15
12534
48
'/a
103b
10'A
19%
18%
*10'7 34
16%
4834
94%
93
54
'■'53%
*54%
54
5334
5334
47
•
34
*116
4
18'A
*10734:
109
15'%
16'%
15%
16'A
483%
48%
1,580
93%
93%
93%
110
5334
53%
5334
33%
33%
33%
3334
33'A
39
373 a
38%
38
38%
38
38
5 3%
5
5
5%
*5%
5%'
5%
5 3b
53 b
5%
*50
44
44
44
44
44
183b
19%
18%
19'A
19
1934
-1834
51
*50
51 '.
50%
*50
*50
50%
11%
11%
11 %
1134
39 %
39%
383a
39 %
49
48'%
48%
*47%
53
*50
51%
1134
113b
38%
3834
38%
3834
4734
4734
*52
52 3b
53
53
53%
21%
1
21%
38
38'A
21
213b
20%
21%
213%
*4334
45
44%
44%
*43%
45
46%
46,%;
300
52
52
400
*52
53%
2034
203%
4,600
44%
44%
200
;
.
"203% :
213%
..:
523%
*443%
*52
48
Sep
21
17
Jan
35
117
Oct
G
16
22'A
Jan
30
Oct
41% July 17
7 34 July
3
26%
Jan
39
July
2'A
Jan
2834
—
.
(The)
21 %
7
76
Jan
100
July
16% Oct
2
11%
Nov
21
»A Mar
527b Jun
27
41%
Jan
563b May'
85
Nov
8
28%'Jail
lb.
_
Jun
Oct
5
109% May
—;—,—100
preferred
Co
I
34% Oct
3
96 'A July
July
Dec:
34 % Jan
3
3% Jan
3
37'A Jail
7
45
Oct
3
Jan
3834
Deo
123b Jail
3
21 % Aug
25
1134 Nov
■14 34
Nov1
407a Feb
1
20
Jan
45
Nov
8% Jan
4
5234 Aug 14
12% July
5
8'A
Nov
12'A
Apr
303b
Jun
'
,
Roller Bearing Co—
5
—2.50
Brewing Corp. of America——15
Bridgeport Brass Co-^;
-No par
Briggs Manufacturing
No par
Briggs & stratton__ —
*Np par
Bristol-Myer3 Co—
--—5
Brooklyn Union Gas—j——No par
8,000
47%
.
26
Braniff
51
3834
*4634
3b,
51'
33 % Jan
Stores' Inc—*
Bower
800
7,400
5,600
383 a
48
*47
Jan
Bond
'
113%
Jun
383b
Borg-Warner Corp:—
5
Boston & Maine1 RR (assented) _190
11'A
19
4
800
11%'
113b
113%
11%
1934 July
Jan
29
6,000
*50
.
.
Jan
93b
Feb
53%
'
11%
13'A
5
11
Dec
55'% Sep
383%
18%
19% Mar
95
Borden
43
40
Jan
6'A
Jan 26
45
3,500
183a
Jan
Jan
5
4
.
333V
*42%
19
27%
16
AUg 30
20% July
4
Apr
1213b July
46 3 b Jan
,
12% Jua
38
43%
43
44
19%
19%
Jan
s
11% Oct
Jun
,
693b
Jan
883b Apr 18
4'A%
5%
'25 3
3
3
17
Nov
No par
300
'
16
-5 "
32%
■
24
'
7% Jail
par
A
class A
Ami Co
116
3V
45%
*44
—No
Co
.Class B
1,000
'
1
16'A Jan
37% Feb
Jan
54
110%
No par
Bon
45
33'A
33 3%
No par
Mfg Co
1263a July 10
51% Oct
5
109
60
*113
8'A
20 3b July 15
66% July 11
2
f/cp
93 3b Mar 14'
44%
116
*114
117
July
xl.9% Oct
55
45%
*45
4534- 4534
*116
116
Nov
38
14'A Mar 14
*5334
:
57
Jan
preferred-——100
Boeing Airplane Co—.
—5
Bohn Aluminum & Brass
—5
13,900
48%
Feb
22%
6
4
Blumenthal & Co
109
93%.
17%
54%
21
20
Bloomingdale Brothers—No pat
4834..
13% Mar
24
41% Oct
15% Jan
Bliss & Laughlin Inc__
15%'..
2034 Sep
563b Jan
56'A Jan
330
•
4
115% Feb
200
20%
18'A
& Decker
Blaw-Knox
6,300
10'/a
*19%.
18'A
33%
39%
10
10'A
933b
45%
116
117
Black
2034
37%
34%
39
45 3 b
46%
46%
117
117
1,400
4834
■
*46%
1,500
22%
1%
$ per she re
28
17
—100
No par
—
473%
*52%
'.
(Del)
Jail
nighest
S per share
per share
No par
:
Bethlehem Steel
S
share
33 34 Jan
—No par
:
1
,
22
223%
*10734
Co—
preferred
Bigelow-Sanf Carp Inc:
1534
94 37
49%
Foods
*9234
•
49
*93
49'%
Best
483b
1534
153b
50%
94%
...
3,200
1,800
18'A
109
*10734
109
&
11,300
125
*3.934
.
Best
473%
,'47%
Year 1943
Lowest
Highest
53% Apr 21
No par
Loan
pfd $2.50' dlv series '38_No par
1,200
1
633b
62%
3.0
1834
Pr
:
183%
183%
.
124%
4734
19 3 b
183a
183%
63
>22
103%
20%
41
Indus
Beneficial
56
*3934
$ per
Far
.
900
193%
*54%
125
12434
22'%
1034
*18
s
'■
48'%
22'%
20.3 b
.20%
109
*47%
48
2234
*193%
1834
62
62 Vb
1253 a
*22%
18%
*107%
16%
49%
*93
62%
12534 1253b
,
40'%
18%
18%
18%
1934
40%
*543%
413b
•6234
10%
193a
.*18
109
18 3b
22%
10%
*
20%
18%
56
41%
56
3,9%
203%
*54%
41%
62
125 %
49%
48%
22%
22%
*19 3b
56
*54%
56
41 %
20
20
20 >4
:'541«
41%
Shares
Lowest
EXCHANGE
the Week
S per share
$ per share
$ per snare
Range for Previous
Range since January 1
r
Oct. 27
Oct. 26
STOCK
NEW YORK
Sales for
Friday
Thursday
Oct. 25
$ per share
share
per
STOCKS
SALE PRICES
Wednesday
Oct. 24
Oct. 23
$ per share
HIGII
AND
Tuesday
Monday
Oct. 21
1871
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4329
160
Airways Inc——
.
.
28
44% Aug 23
20%
Jan
Jan
14
50
33
Jan
40 3% Jan
4
373b
Jan
"14% Jail
13
22'A July
1
9'/a
Jan
39 3 b Jan
16
29%
Jan
17'A Jan
4
44% Aug 14
23
July 3
3
13'A Oct
11
.13
6%
Jan
'83% Jan
Jan
6
125'A Oct
18
1043b
634
.27
Jan
.39
Apr
>
"
July
53 3b Oct
7
23
44
July
443b May
183V Jun
'
V
.
*43%
45
■'
"45
21%
21%
20%
21
203b
20%
*20'4
20%
•2034
20%
20%
2034
13%
12%
123b
1234
12%
123 b
123b
123%
123%
12%
12%
12,400
■
; 124
124
10%
124
11
74%
74%
9%
9%
71
73%
9%
71
934
9%
»
*122
•72%
.:*• 834
.
10%
-
93%
Budd
21,700
713%
t 71
Bucyru's-Erie Co*
7 % prefer ted'
100
436,
10%
10%
10
73%
7234
7234
93b
93 b
9%
103b
1034
126
*123
126
*123
10%
103 b
103b
71%
126
*123
124
10%
2,180
93 b
934
5,100
Budd
Oct
20
14'A
Jan
24
16
Nov
20
20%"
20%
20%
1,500
18%
19
19
19 34
3,700
Bullard Co
41%
40%
41
403b
40%
*39%
403 b '
39
39
36%
37 r
36
36%
36
363a
353 a
3634
3534
36
*108'%
111
111
111
*108%
*108 3b'
14%
14%
14%
1434
6%
6%
6%
6%
111
*10834
111
143a
143 b
A
*6
14%
143b
6'A
634
63%
*108 3b
143b
14.3b
*5%
6'A
:,
74
73
73
*70
72
74
74
72
72
59
01
56
62
58
593b
59
61'A
57%
5834
57%
57%
2.270
12
12%
31%
113 b
123b
11%
113 b
lls%
12
113%
11%
11%
11%
3.200
*31%
31%
313b
313b,
31'%
313%
*31'A
313b
3134
31%
600
*31%
\*3%
3%
14 %
3%
143«
90
334
*33%
3'A
*14'%
143%
3'A
14
14
143 b
,•
14
14
14 A :
700
3'A
31%
3'A
*3'%
2.100
89
89
89%
89
89
89
89
87
87-
23
22
2234
23 34
23 %
23
23
22
22
900
27%
27'%
2734
27'A
27'A
27 34
27
27%
26%
27%
56%
55 3b
55 3b
55'/a
£5 3b
56
56
88
.2234
17
1103b Mar
9
3
15% Jim
30
934
3
5
2%
Jan
Jan
6
6% July
Jan
15%
Jun
6% May
Oct
20
41
Jan
62
Oct
23
213b
Jan
534
Jan
10% July
20%
Jan
29'A
Nov
53b
Apr
121b July 12
" 4
8
313b Sep
19
3% July
2% Apr >25
2%
8
75
May
49
Jan
Oct
16% July 10
9'A
Jan
Oct
17
65'A
Nov
Sep
1
16
Jan
25'A May
12 % Apr
673b Jan
18
3
93
20
18
25
•
Apr
May
76
Feb
8%
28
•
Apr'
35% July
3lib Jun'
10934 Oct
Jan
Jan
43'A Apr 25
—10
preferred—.
conv
105
Jan
54
—30
Butte Copper & Zinc
1—■—5
Byers Co (A M)
-—.——„No par
Participating preferred
—100
Byron Jackson Co__—
No par
5%
20 3b
Apr
18% July
2934
•
24% <Jan
21
4
preferred—100
Butler Bros———.:
Oct
Apr
12'% Jan
'
*55'%
23%
Bush Term Bldg 1%
•
14
;
———,
37
-
100
preferred
63A
41% July 17
25
107
40
210
90%
*23
33b
14
73%
*70
27% Jan
Bush
6%
22
May 12
31
1
100
5r/e>. preferred'
—
Burroughs Adding Mach____No par
Terminal—
1'
3.900
74
16% Sep
No par
Burlington Mills Corp_
8,900
6'/%
6
,17
No par
*
Bulova Watch
111
143%
14%
>
par
Co————**—t.
Buffalo Forge
193%
*108%
10'A
20'A Feb
21
18%
500
9% May
5434 Aug
4
19
203 b
19%
3.600
Jan
Nov
Jan
22
19
353%
Jan
Nov
19
No
Wheel
2134
39'A
1034 May
1183b July
3
714 Apr
—
-
July
20% July
43
,11% Jun 29
193 b
35%
116
123b July 8
753b Oct 18
22
*38 3b
100
*—_
4 2 34
■
Jan
4
19
*
■-
3
22
:
5
5% Jail
19%
A
par
.
473b Jan
*40%
-
*
No par
22
r
_No par
Mfg———No pat
(E G)
$5 preferred1
19%
*21%
1
'
:
Bruns-Balke-Collender—Aro
1,900
13
"
■
Brown Shoe Co_
18% July
■
833b
Apr
A
27 '•'»
27%
'hil
57%
1
;
1
6%
*1
.
6%
6%
; i
13 b
6%
2034
193b
2934
28 3b
29
41
42
41
41
10%
103b
1034
47%
9%
47
3
47
*48
49 3 j
'113%
114%
*3 2%
*48 3%.
.
33 "2
Calumet &
19%
1.700
283%
2834
5,300
*41
'
103%
1034
*46
9
.
11334
1133 b
1034
13.100
48 3b
200
9%
800
483b
9'A
934
*9
49'%
49 Vb
*48
11334
114
33
33
333b
•
10%
*46 3b
io% :
*46%
3%
493b
*48
.
5%
~5%
534
373a
36%
37'A
146 3't
146%
a
147
147
347
53b
~5%
*"53%
"5%,
~5%
3634
53b
36 3
363%
363%
353%
36
147
*145'%
147
48%
48%
49
48%:
49
483%
483b
48
48%
34%
343b
3434
35
34%
34%
34%
3434
343%
34%
*102%
io2%: 102%'
103
122%
122%
14%
14%
122%
*111
26!
190
13%
133b:
2.400
18
1834
18'A
*1834
18 .3%
203%
2034
203%
20%
20%
2C%
4.900
43%
43%
3%
4%
4%
4'A
6.600
Central
111
111%
111
18
112
*111
■
11%
10 3 b
10%
*10%
2(r%
2634
2634
26 34
11
32%
'
■■;■.,
7
120
73b
,
3b
'
7
,
1253 b
121
*19
19%
193b
19%
293b
29
29%
J9
*1J3
*11334
114
42%
*41
114
41
41
'
2834'
1133b
28%
>■
13%
13 3 b
13'A
46%
463 a
463%
634
634
6
14%
*143%
143a
14
133b
133b
4634
47
6%
63 a
>
14%
1434
14
14
,
"
53a
5%
53b
534
5%
5%
223 b
22%
22 3 b
223b
223%
223%
.
'
*
'■■■■. 2634
483a
18%
20
19%
19
1934
20
.
%
49
*56
56 %
*15%
15%
*15%
33
a
*56
5G',b
15%
153b
153 b
■:■ ■'
3%
4
,
15%
19%
28%
300
•
13
;
500
13
463b
14
*
11,500
634
1,200
1,800
14
5%
2,100
5%
,5%
22%
...
22%
15%'
4%
2634-
49'A
473%
48'A
10,100
19
193 b
19'A
19%
3,000
Chicago
1934
1934
193b
19
19'A-
19%
2,600
46
193%
463%
Chicago Pneumat Tool$3 conv preferred—
56
56
1534
5'A
28%
93%
93%
9034
9334
90%
903b
31%
•21%
27%
203b
21
2034
2034
27
27
273b
273a
96
96%
96%
*9
9 3b
27%
0%
*46%
*
93 b
4634
48
J 55
185
*85
,
;
96
96
1113a
*93%
*533 a
35
*136
185
*155
*85
88
111%
*93%
*53 3b
343b
136 34
*93%
95
56
95
>53%
3534
343%
37%
37
*146
136'A
*136
34
56
34%
37
148%
1363b
6334
64
64
64
30
29%,
293b
1073a
18'A
18
203b
20
19%
For
4334
107
33
323b '
434
107%
373b'
1143b
18%
*1063b
35%
*114
17%
10734
433b
*42%
10634 10634
933%
*93 3b
56
*533%
35
343b
37 34
37
146
,
13634
146
136 'A
*6334
64
34
30
29
*1063b
361b
36
1143b
*114
1734
18
10734
*93%
,*533%
56
*53%
37
135%
30
*106%
35
•
173b
173% '
1.600
*19
19%
*1834
19
1734
17%
3234
32%
323b
33
33
32%
33
83
83
see
page
83
1879.
40
2.600
17'A
193%
83
35
17'%
173b
313%
10634
'10
19
323%
34%
114% ;
19
32
106%
313%
19
19
260
183%
19
1.030
/17
*32%
31%
4%
NO
173 b
740
32%
700
31%
1.300
4%
21.700
$4.25 preferred—*-—
5%
conv
Colo Fuel &
Colorado
&
4
non-cum
4%
non-cum
1st
20
Oct
563 b Sep
Jan
85% July
3
10%
Jan
15% Aui
4
2%
6
32'A
Nov
Jan
7
185
Jun
22
Jan
3
90
Apr 21
20'
453V Jun
109
16
96
30% May
3
343b Apr
20
Feb
18
111
5
3
Mar 27
52'b Mar 22
145
Jun
1153b Jan
Feb
26
23 3b Jan
4
24% May 27
4
23
*8134
83
80
813b
80
80
170
5%
preferred
;
par
;
*100
76
70
Feb
Feb
54
Sep
Sep
33 y8
Nov
483b Mar
Jan
40
142
May
153
Sep
88
Jan
123
July
61
Dec
33%
Dec
Jan
_100
Dec
50
Jan
12'A Jan
No
Dec
92 '/2
163b
preferred—100
preferred series A
423b
Xl03%
1
7
84
17%
108
Jan
Jan
July
6834
Oct
25
Dec
109'% Jul*
28% July
114%
Oct
13%
Nov
19% July
2%
Jan
19
3%
Jan
3
19 y4
Sep
Sep
Jan
17%
Sep
28
15%
Jan
26%
Dec
July io
15%
Jan
26'b
Dee
May 26
5% Mar
91
Dec
Jun
116% Aug
1083b
7
Sep
74%
•,
Jan
27
1143b Oft 27
Jun
Jan
1083b Jun
38
1
145
84
2
3
83
17
July 11
1463b JUly 11
25
6%
Jan
101%
39'A July 12
Jan
1.800
28%
12
20% July 10
23% May 27
Columbia Gas & Elec
89
19
152
3^%
88%
Jan
383b Mar 15
33'4 Jun
89
Feb
6
25% Apr, 25
29
13
67
8%
3934 July
Mar
1093b
Aug 11
53% Oct
123
673b Jun
303a Oct
593b July 17
■103% Mar
Jan
4
4%
'
Jan
OCt
Jun
Apr
,963b Oct- 26
4
883%
3% May
2
48
373b Apr
Jun
67%
10'A Aug
92
May
Apr
19
12
25% Jan
4
Apr
43%
18
323b
Oct
26% Jan
89 34
15%
Jan
253bJuly
2.50
43b
54
Jan
Deo
3
B
Dec
Jan
13%
1 '
19
2nd preferred—100
Apr
24%
July
983b Jun
22
413b May
Jan
5
6% Oct 25
30
Columbia Br'd Sys Inc Ql A_b„2.50
Clasc
.
Dec
Jan
Nov
48
*
16%
Ve
113b
26
19% July 10
173b Jun 23
/
15
36 %
17
106
7%May
21% Jun
•
6
1434 Apr
11% Jan
—_
Jan
Jan
•
21
No par
100
Iron Corp—
Southern—
9'A May
17'A May
2'A
21% July 12
473b Sep 12
65'A July 13
109% Feb
;
50'
Jan
10%
'
100
preferred
July
Jan"
Jan
76
111
par
No par
21
July
148
par
No par
No par
Oct
34
July
29% July 12
30
23
Dec
Jan
63;, Jan
No pat
No pat
No
5
Oct
Apr
24
109
35% Feb
-50
Collins & Aikman-
89'A
4%
-———;
Colgate-Palmolive-Peet
89
43a
A
Class
(The).:—
7
96
..
i—100
Co
May 29
14% Jan
■
114%
17'A
Coca-Cola
'■
■
Molybdenum—
Preferred
190
7,200
1143b
19
31%
500
30%
19
43 b
136
64
17
3134
Cluett Peabody & Co
10
30
19
*88%
Climax
1,700
3
27
Bronze Co (The)—1
preferred™
100
Clev & Pitts RR Co 7% gtd
-50
5,500
4
77% Feb
5%
stock
.4
1% Jan
Clev Graph
Special gtd' 4%
6
Jan
24
Stores*
Equipment.*———No par
O. O. C. & St. Louis Ry. Co.—^-100
5 % preferred
L_
100
Clev El Ilium $4.50 pfd—No par
37%
64
19
•
No par
No par
—100
-5
Jan
13
14% May
Clark
34%
146
64
353b
Ice & Fuel
Investing Co new
53 b 'A preferred—
7
47
3
City
T*:
*13534
107
*114
/
par
3
19%
•
Jan
Jan
7%
.
7% Mar 22
25% Mar 22
No
Corp
City
4
Jan
38% Jan'
-——23
Cob—
Copper
3
Jan
i6'%
Jun
2%
18% Mar 25
par
Nov
33%
Mftr 6
•93b Mar 25
J
—5
u-^-lOO5
.*——10
Oil
lO1'
14
-No
Co—
7%
72%. Oct
83b
"
43b Jan
Co'bbi-———-—4—. .No par
Chrysler
City
Cotton
48
Apr
13 3b AUg 23
Apr
18
;
■
30%
*6334
16
4%
190
*143
136
173 b
90%
37%'
37
146
19
32
34
343%
34
*143
1934
4%
300
95
56
95
1934
90
'
43
*93%
19
3234
32'
112
70
106%- 106%
36 '/a
18
43
433b
*43
'
106% 106 34
114'%
•
*111%,
112
>lll7/8
*19
*18
91
footnotes
112
112
112
*10634
X29 34
*18
83
*111%
*42 %
107'A
148%
363a
*146
37
4%
111%
44
44
*114
*31%
700
185
88
*10634
ChiCkasha
tChilds
46% July 10
Dec
41
18
5% Sep
._No par
pf ($2.50)' cum div—i,
.NO pat
Pr
320
2,200
46
*85
3734
*90%
96%
*155
115%
33
*
88
107%
*18
450
98/%
v
93%
45%
185
*114
*19
93%
46%
*85
63%
*19%
96
.
934
46
*155
30
*37%
.
88
137%
107%
934
185
37%
63%
96%
96%
9634
*84
56
29%
1,600
28
*155
95
148 %
'20%
27%
88
35%
37%
*140
463 b
203%
2734
185
44 %
107 %
463 b
20%
2734
Order
Mail
4
4
15
Jun
Nov
99%
11% Jan
Chicago Yellow Cab-_—
Chile
<
203%
28
463%
28'
13.200
203%
463b
100,600
903%
203%
96'A
900
53%
*26
28
8934
*9
9
15%
5%
*85
1113a
44 %
*106%
96%
:
400
893%
913%
*27
190
153%
90%
903b"
.
56%
.
15 %
*153%
534
*26
28
47
*56
•
16
5%
300
*46%
*155
88
.
4634
9
16
63%
53%
*273%
28
*27
28
■
*15% ..15%
16 3%
*16
16%
4Va
'*27%.
*27
Chicago & Northwest'n
5% preferred' w i——
27%
47%
Jan
Feb
213b Apr 25
43 3b Sep 1415% Feb 24'
w i_-No pat
26'A
153%
Aug
8%
Jan
16%
l
'
——50
19%
56
Jun
3% Mar
111
Jan
323b
'20'A July 20
,30% Oct 18
44
A—.. —40
Chicago Great West RR Co...u.w.50
preferred1—
3
27
1143b July 13
Jan,
11
ClaSS
5%
Jun
3
108
•
Chesapeake Corp of Va'.—
Chesapeake & Ohio Ry—u_. ——25
.No par
Ghic & East IW RR Cob
1,900
16.200
9
.
1263b Oct 26
1
173b Apr 13
23
—
.
May
Mar 20
27% Jan
..No par
—5
110
39%
6'A,
Chain' Belt Co*^—.
900
114v
57
—>100:
Champion Pap & Fib Co_— .No par
iw-lQQ
6% preferred1
—5'
Checker Cab Mfg-h— *
2,800
493%
47
Jan
19
46%
223%
Sep
Apr
July
23%
Jan
97%
►
4% Apr
jprior preferred—
6 %
3,310
126
273% :
56
Jan
1%
15
Jan
193b
*1534
Sep
X33
48%
*46
July 11
4% July 5
4
27
15%
16%
23
114
31
37'A Jail
1934
50
1934 Apr 20
2% Jan 13
15
26%
47
21
303b Feb
4834
56
14%
5
18%
1834
*15 3b
Jan
Nov
Jun
25
27 3b
*46
47
47
*47%
■
8%
16'A
19'A July
Jan
26 3b
49%
20
3
3
Jan
47%
27%
49'%
19%.
1203b
1233b Sep 11
153b Jun 27
Jan
19
27%
49
Feb
2
3
iCent RR of New Jersey
'
27%
96'A
Jan
3
'
■
14
22'A
40%
13
39 34.
634
5'A
53b
2234
543b July
Jan
Dec
6
8
■
53a
22%
Nov
Oct
23
*1133%
1334 '
47
34,
40
26%
54
103
113b Sep
28 »A
-
393b
39'A
42
63b
133 b
47%
-
113%'. 113%
113%
July 10
403b Jan 24
12
24
9
Dec
147
15
*19'A
193%
28 %
Apr
39%
1
273 b Jun
69,000
*1934
*40%
5%
Dec
Jan
34 Jan
Jan
Jan
32 3b
1273b
Mar
19
734
193 b
*113
33b
17
16
31% Apr
107
Dec
May 13
96% Jun
Co—
_1
Central 111 Lt 4%% preferred—100
3134 May
22;
123'A
"
>"
39
151
Jan
Jan
25 34
15
7%
734.
126%
293%
6%
6%
'14%
19
Jan
97%
83b Apr
1,900
193%
46%
47
•
*r>%
4
Apr
11
Apr
46% July
Jan
734 Jan
3134
29
*13%
13 %
47
Jan
17
9%
Jan
20% Apr
3134
19%
42
5% Oct
'4
113
Jan
Dec
x85
'
19
33
44
Jan
Anr
Mar
27
33
1433b July 12
Foundry
43b
Apr
40
—100
*10%
29
113%
*40
%
Oct
18% OCt
6
27
36%
*
Century Ribbon Mills^-——No par
Cerro de Pasco Copper——No par
Certain-teed Products
i—__T
10%
'
%
29%.
513b July 14
10
July 6
503 b July 27
114'A OCt 27
Central Violeta Sugar Co—_———
3234
7'A
„
400
10%
122
11% May
47% July
900
3134
12434:
Feb
2.000
1.1%
7%
73%
73b
6%
10%
11
32
12% July 12
273%
*10
10'A
27
■
38
27%
10'A
27
32
*10%
32
123
119
11
26 34
30
Jan
27% Jun
>^-„20
preferred —:
5%
770
:
112
*111
111
111
'
10 3b
10%
3134
4
293b
18% Oct
Central Aguirre Assoc——No par
43a
11
121'%. 122%
*
Corp;._——__
2034
11
73V
2d preferred——
7%
Celotex
4%
323 b
■
124%-
13%
18
11'%
7 %
*123%
13%
20 3 b
4%
32%
32 %
124%
1334
*26
11%
*11
*123%
133%
18%
*310
27
a
1233V 1233b
21
4',b
112
*11%,
123 34
:
5
97
.No par
No par
.No par
100
._No par
13%
18 3b
4%
■
$4.75 1st preferred—.
1834
:
21
It
Celanese Corp of Arner—
133b
102'b
423b Oct
8% Jan
_100
Caterpillar Tractor
12334
;
14%
33% Jan
_1
25
Co
5,300
1.200
102
102
I)
(J
4.700
10234
102
27'A
4
34%
102
19%
Jan
Jan
203b
18%.
18
21
;
122%
14
1023b
333% '
Nov
133b
4
48
47%
xl 3%
19
Preferred
Mar
6
•433b Jan
Carriers & General Corp
934
31.3b Sep 1 5
6T% Feb
Case
13b Mar
Dec
21% July 10
May
42% Apr
210
56
Jan
7% July
par
2.600
30'A July
Jun
5A
.
23% Feb
Capital
147
102
No
Jan
52%
5
15 3b Jan
25-
—
—:
Mills—
l'AJun
6 'A
6
Administration class A—1
$3 preferred A
,———:—.— 10
Carolina Clinch & Ohio Ryu—100
Carpenter Steel Co_——
—5
Carrier Corp.—__—
•—
10
Cannon
4.100
5%
147
48%
700
183%
Canadian Pacific Ry
36
5 34
35%
147
147.
200
400
33
33
33
133%
*5'1«
37!%
10
50
114% 1143b
114...
32'%
60
42
*41
,.42
103b
48
9
934
*32
42
*41
63%
6%,
6%
6 3b1
223b
8
56% Mar
A
28
30% July
24
3-i Jan
Campbell W & C Fdy
——No par
Canada Dry Ginger Ale————5
Canada Southern Ry Co—
100
63%
3
53% Feb
Copper——5
Hecla Cons
2.200
19%
29%
,
49%
24% Jan
'
_1
193%
1034
4113 3 b
—
28%
,48
*48
33%
■
3b
*9 3 b
493b
11434
11334
*32
10
Zinc-Lead—,—
19'%
42
*46 3 b
93 b
9%
:
No par
^—_50
preferred
193a
'
•9%
5%
Callahan
293%
63b
19 3 b
284
10%
2.000
Packing——;
California
30
19%
63b
20
29%
47%
3,600
1
1
1
1
.
:/•' 28%
634
20%
29%
*41
.
1
1
1
20 '1
,
:
*55'%. 563b
.;
Oct
Oct
6
1%
Jan
5%
Jun
17
40'A
Jan
773b
Sep
18
37
Jan
73
Oct
Monday,-October 30, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1872
Range for Previous
STOCKS
Oct. 24
y
t per "snare
y
snare
per
per snare
9274
91%
91%,
9274
1974
k
20
92%.
92
92
1974
1974
1974
19'A
.18%
19
4774
47
47
*45 %
47%
41%
42'A
41 %
41%
4174
41%
* 10/7 %
117%
47%
16 74
*107%
117%
*1077a
11774
4b %
47%
47
4774
15%
15%
15%
35%
12
%
88 74
88%,
H7
4174
11774
4774
'
41771
*10774
47%
,
47%,
15%'
.
1674
1674
1 r>
fit
2874
28%
2074,
,
97
,
25%
2574
•
1674
*
25
25
1674
17
25%
2574
29%
29%
9774
97%
9774
374
'•,97
3%
107%
10774
10774
3.000
5%
5%
5%
3.800
26%
25
11%
29
1674
16%
2474
2474
11%
"
25%
2474
2574
16
A
17%
,
15%
24%
1674
17%
51
109
10874
109%
109
13.200
10974
16
*1574
*50
30974
109%
3.500
700
51
15%
50%
'
12.200
*1774
1674
1574
5074
1574
51
"*50
•
2.474
,!•
"
1774
17
*1574
15%
22.600
16%
•
247-4
•
2,200
29
16
-1674
24%-
.
•
11%
2874
1174
28%
11.000
26%
26
2674
26
1174
29%
100
410
10974
10974
-8%
8
108 74
108%
108
39%
3.9%
'
8
;
2874
28%
8%
28%
-
2874
2874
,
3974
74
39
3974,
3974
11%
11'A
11%
1074
10%
1074
10%
48
48
48 %
48
4874
4874
4874
4874
8
8%
8
8%
874
8%
29
28%
"23
29
29
15%
1574
15
4374
43
"1274
12%
12
*4774
*2174
4874
1574
"
43
49
,
48
48
3.100
8
25.700
29
15
29
15%
2874
7,000
28%
*2874
28%
29
15%
1574
28
29
*28%
15
774
8%
774 '
2874
28%
.
*28
29%
15%
300
43%
280
44
*43 74
4374
4374
4374
4374
*12%
12%
1274
1274
12%
12%
12 74
12%
1.000
48
48
*47%
4874
*47%
46%
60
3,000
47%
4874
*47%
i
4374
2Q74
2074
2074
20%
2074
20%
5274
5274
5174
52%
*51%
52%
310
5974
5974
5974
59%
5974
5974
4.500
'
21%
20'A
21%
20
20 74
52%
53 %
52%
5274
59%
5974
60
-
:
11
Oct
16
,104%
Jan
par
par
par
407^8 Feb
15
147% Apr
18
% Feb
l
par
79
Jan
3
90
Oct
18
3674
Jan
82
Dec
2474 Jan
3
2874 Oct
13
2174
Jan
27
July
21
Oct
23
2% Jan
11
Jun;
28
Jun
16
25
Jun i
2474
Nov '
100
2 77 Jan
5
16% Jan
13
6% Jun
26% Oct
—
•
No par
177%
177%
177%
*674
6%
674
674
6
674
6
6
Coty
6%
1.100
6%
374
3%
37'4
3%
374
374
3,400
25
25%
11,100
108%
109
110%
25 74
•26
25
25
2474
25
36
36
*2474
25
25%
2474
25
36
35%
3574
49%
*48
2474
35%
36%
*48
4974
*48
2074
20%
20
102
2074
20'4
10274
10274
*36
3674
34%
3474
35%
3574
357 a
8074
8074
25
2674
35%
*8074
81
80%
8074
25%
257 a
2574'
2574
15
1574
*107
10774
10774
*107%
97 a
974
9%
974
12674
12674
23,100
53
6
21,900
1774
18
4,000
24%
1,600
1174
24%
16
500
44% Jan
10
52% Apr
28
31
Oct
3
4974 Aug 2.9
37%
Jan
47
Oct
20% Oct
11%
Jan
17
74
68
3974
2874 Mar 10
9%
Jan
82% luly i
2274 Aug 1
1774 July
774
Jan
101
14% Jun
100
11474 May 20
6 74 Jan
71%
1
71%
:i'25%
;'lll
■113
17
6%
7.700
18% Jan
12
Feb
2974 Jan
20%
2074
20%
21
20%,
21
20%
*62%
64
63%
63 74
*62%
63%
38%
*3874
39-
38
38%
*3774
3874
3274
32
32%
41'
4074
40%
*4074
41
*15%
16%
*1574
16
31%
3174
3274
32
32%
*40%
*1574
16
31%
'
16%
*4074
41
32
■
102''
.
103
16
1874
■
60%
v-110%
69%
'l*11074
112
39%
112
127
40
.
40%
40 •*
12%
1174
12%
12%
:17-
17%
*17
17%
1674
156%' 156'A
156%
153%
155
'*125% 126
117% 117%
125%
117%
117%
•
Dixie
Cup
Co
Feb
119%
Nov
15%
Jan
2674
Jun
374
Jan
47%
280
43%
4374
4.400
Doehler Die Casting Co..
22%
2174
22
7.200
Dome Mines Ltd
71
7
6974
70%
12574
126%
12674
111%
11174
"
12
*111 '
16%
16%
100
154%
155%
154 %
125%
12574
126
12574
125%
117%
117%
11774
117%
117%
2,000
12%
2,900
16%
1674
15474
17
1.200
39%
11%
11%
11%
112
<
39
40
39%
126
12.200
900
155
4,200
125%
12574
1.000
115
117
-
110
Class
No par
No par
No par
A
-
.
No par
Douglas Aircraft—.
Dow
No par
Chemical Co.
series A—No par
—No par
—I
Duplan Corp
..—
No par
Du P de Nemours (E I) & Co—.20
$4.50 preferred
—
No par
Duquesne Light 5 % 1st pfd
100
$4 preferred
Mfg Co—*;
Dunhil)
International
Dresser
3
4574
774
27
Oct
24
17
Jan
"19
16% Oct
,
Dec
20
12 ;i
Jan
Oct
; e
Mar
19,
, Jun
; 116
Jun
""
2474 Sep
.10874
Jan
3
10
Jan
4574 Jun 27
36% Oct
3
26
29
Jan
3674 July
2274 July
12
Jan
20% May
5
43
Jan
.
'
July
8%
5
Jab
17%
374
Jan
16%
July 10
9% Mar 22
37
Jan
1074 May
2274 Julv
21
July
3
65
Oct
18
5
4174 Oct
7
8
33
Oct
9
26
Jan
42
Sep
1
37
48%
Mar
40
Dec
Apr/
35% July
17% Jan
33%.Mar
,
Jan
42
74 Nov
1374 Jan
11
17% July
5
8%
Jan
17
May
X2774 Feb
29
36% May
9
21%
Jan
3574
95
-.100
No par
:
4774
15474
*1674
<
600
19
*18
18%
18
2874 Jun
2
No par
A
preferred..
43%
*
40
*11%
17
134
5 °!o
47%
V<«
112
3974
•
800
69%
126%
*111
>'
12
*12%
.126
96
Sep
23
18
3874 Mar 31'
23
Corp-Seagr'fl Ltd
Distil
10474
*102%
'2.400
52
No par
—
preferred.
22
70%
6974'
126
126
3174
31%
Match
partlc
1874
-
2274
.
6<7r
Diamond T Motor Car Co
43%
4274
2274
Diamond
100
600
Lack & Western
47%
18%
43
2274
4374
2274
1.300
36% Apr
32% Apr
-10
—100
—50
Detiolt Edison.—
20
Detroit Hillsdale & S W RR Co..100
Devoe & Reynolds A
No par
~
v
103%
40
300
'
103%
4774
12674
43
22%
:
: '
-
*1874
47
44
71%
103
.:
*4774
18%
'43%
68 %
32 *
*10274
•
47
v
3174
-
16
,
3274
'
41
400
2074
64%'
3874
'■•
39%
32%
126
674
7
674
6474
20%
68 "*
•
774
674
7
7
7%
18%
"
6
3
47%
/
24% Mar
12
1774 Jan
574 Jan
3074
'
41%»
Nov
4174 Oct
17% Jan
18%
.125%
14%
113% Apr
111
100
Delaware
*47%
v
Sep
9% Apr
6
May 24
5
2174 Jan
(The)——1
Delsel-Wemmer-Gilbert
20%
22%
'
Dec
116
1174 Oct
4
Delaware & Hudson—;
102%
'
Jan
5%
12
6,100
1027/8
22%
17
.27% July 17
19 % Mar 17
1374 Jun
774 May
7
125
21% Apr 28
14
.
103% Oct
26
83%
2074 Sep
20
10
100
Jan
3
Apr
1574 Jan
Jan
Oct
5
48
Aug 28
3874
Feb
45
July
33 74 Jan,
4
45% July 10
22%
Feb
34
Dec
21% May 12
2774 July 12
15%
Jan
2574
47
7174 Oct
20
44
Nov
131
Jan
5
122%
Nov
153
7-
113
Aug 30
*106%
Dec
10774 Dec
2874 Jan
21'
43
Oct
6
874 Apr
19
14
Sep
28
11% Feb
11
May 13
114%
26
Apr
10674 Jan
.
Sep
'
•»
16
•
Jan
73 % May
\
-
1374
Dec-
Apr :
Jan
7
17% Jun 28
162% Jun 19
9
Feb
134
Jan
159% July
123% Jun
6
128% Mar 24
124
Dec
130
Oct
27
115%
Dec
121% Sep
1074 Feb
28
6
9%
Nov
4074 July 14
31%
Jan
44% July
374
Jan
874 May
146%
137
115
120-% Jan
20
12%
127-4
1274'
1274
1274
38 74
38
3874
38
1274
38
17
1774
177/s
49
17%
*1674
1674
16674
"2174
22
*21%
*1474
1474
45-
13%
574
5
.
48%
22
.
'
45
12%
5%
5%
474
■'
88
89%
88
88
166
18974
49
48%
2.400
oo
2174
••1374
43%
4474
44%
4474
4474
1274
1274
1274
13
574
5%
4474
1274
92'%
*•86%
•
574
474
474
.
88
5%
4 74'
474
92%
87
9174
94
87
93
*8574
'
4474
4474
1 44%
4474
447a
4474
3374
3374
3374
3374
3374
3374
34%
2174
102
•10174
102
10174
102
*10174
102
102%
*102
10474
11%
1174
11%
10274
*103
102
103%
Vi
1574
1574
1 03 74
103
15%
65
10674
3 900
600
14
15,800
103
1
tEquitable
Erie
1174
1174
3 400
1174
117s
117s
9.100
6172
61%
2,100
62
Service—
$5 preferred
$5%
1174
62
HuDllc
$6 preferred
1174
63
Engineers
130
I!
74
\'f; '
62
1
ij-
preferred
RR
Office
Bldg
common
Ctfs of benef infc
5%
4
.50
100
Corp
preferred—
4%
500
1174
3
Mfg Co.
JohnsoD
Endicott
2 500
11%
6174
Emerson Electric
10374
*74
No par
No par
No par.
No par
Natural Gas
Paso
103
1174
1879.
El
103%
1174
64 74
Battery
Storage
103
U
page
preferred
preferred
10274
1174
see
6% May
pref series A
6% Jan
16% May
1
1374 Oct
17
3774 Jan
4
A
.
No
—No
No
No
<
<->r
18
374 Jan
Boat
Electric
410
11%
64
5% May
Jan
1
3
3
Am shares
Electric Power & Light
20
%
f/W,notes
14
Jan
600
11%
62
Nov
1%
33%
11%
T
8%
13
*33%
%
-
20
674 Oct
3374
1174
11%
'
13'/- rv,t
2.J00
11%
1174
3974 July
4474
74
_
Jan
__2
—
Mus Ind
104%
10274
*103
30%
4474
10474
n
,
1574 Sep 29
4574 AUg 18
4474
1374
*102
*74
19
87
1474
103 74
Feb
$P
10674
103
11%
$7
*6374
102
4574 July,
600
*105%
102
Jan
4,600
6374
10174
35
86
106%
14%
30
2274 Sep 25
93
63%
102
50
86
*10574
14%
3
92 %
15%
101
Jun
Jan
9274
6474
14%
101
184
41
Elec
15%
14
May
Sep
Electric
64
1474
170
X173
4.000
6.700
1574
14%
Jan
9
7,200
64%
1474
29
Sep
4.100
15 74
14 »/8
Jun
195
5%
474
64%
106%
171
1274
1574
*105%
7
4474
4 74
Dec
3
Elastic
&
11%
'
24
TnC
QtnrPc
2
Jan
5%
6514
*105%, 10674
Prn«
TTHicnr
Oct
Feb
1274
10674
•
600
600
July
157
574
45/4
15%
,
22
14
14%
Apr 25
175
cum
Eaton
33
—100
4
Corp.——5
Kodak Co
preferred..
Manufacturing Co
6%
»
18
Stop Nut Co
Electric Autc-Llte (Thej
'*13%
14
.*641%
15%
66
6474
4874
4874
1474
33%
64 04
189%
2174
33%
11%
Eastman
50
2174
44%
14%
Eastern
800
*13%
44%
101
48%
9*0
166 %
———
—-—No par
Stainless Steel
15%
16674
*188
10
Airlines inc.-—
1574
,
18974
*188
3374
106%
Eastern
1674
16
166
16fi
44%
105%
4.400
22
474
94%
1574
37
14
5%
5
93
i
4874
47%
'44%
574
95%
166
*188
1274
<
95
*64%
1274
36%
2174
13%
5
1274
27%
14
1474
44%
13%
/
188
47%
•
1474
45%
187
"
16%,
1674
16674
4774
49
.
166'%
187%
*185
187%
*185
3674'
1274
1274
3774
'
'
166%
168%
*168
1274
37'4
1274
39
4
10
;
Jun
9
5% July
3
25
99 74 Mar
3
31%
Jan
92
Nov
Apr
24
94% Mar
4
2874
Jan
88%
Nov
4774 July 11
34% Aug 14
33%
Jan
4274
Sep
3% Jun
39% Apr 28
27% Feb
7
49%
Jan
3
101%
Dec
274
Jan
Jan
3
16% Aug 25
103% Oct 26
10374 Oct
13
25
19
874 Jan
3
87
89
15
23% Jan
5
5
Sep
57% Jan
101% Jan
1774 Sep
6874 July
108% Jun
Sep
58% July
103%
Dec
974
Sep
Sep
Jan
92
27
5774
Jan
9274
Sep
1
6274
Jan
96
Dec
1% Aug 10
%
Jan
3
9274 Jan
10
74 Apr
25
No par
974 Jan
4
934 Jan
3
13% Mar 22
3
6474 Oct
467s Jan
*32
54
Jan
100
Mar
81% Apr
par
par
par
par
No liar
Sep
1%
78
104
Julv
13% Mar 22
19
8% Jan
t
Aug j
E
Eagle-Picher Lead Co.
1
35% Jun
10%
574 Jan
i
May
;
1.700
>
Dec
1674 July
4374 Jan
.
-
Oct
107
Jan
Jan
18% Oct
9.000
32%
44
Jftn
1%
3074
674 Jan
9
30%
-'31%
:
100
July 11
Sep
1
56
Apr 25
Apr 24
474 Jun
6
2074
32%
1
Jun
41
2974
32%
1871.
26%
140
2074
16%
47%
Jan
108
4
Jan
57'e Aug 25
30%
16%
18%
18
97
2074
32
*47%
Oct '
1
29% Sep
4
29%
*40%
*16
*101% 103
Dec
25%
22% Jan
25
2074
»30
'
38%
41
Jun
1151%
105
143
Sep 12
2974 Mar 15
Jan
No par
pfd..
14%
Feb
1074 Jan
5
2274 Jan 18
30
.5
100
pfd
*60
July
Aug
2
11% Aug 31
1174 Feb,10
20%
*64
33
•40%
•"
40
*32%
:
Nov
3
Jan
20% Jan
307a
2074
3074
20%
:
31%
20%
20%
*64
117%
4
69
40%
7
;u:,u-
38
36
21
126
9974 Aug
Dec
4
3974
36
-
Jan
27%
Jan
112
Oct
81%
36% July 10
8174 July
5
28
.100
10
—100
23
23 74 July i
Jan
9
13
10374 Aug 10
977Wan 20
35%
30%
-7
108% Aug
2374 Mar
9
36
*20%
2274 July
Jan
Jan
Jan
25% July 11
41%
*35%
Jan
10%
3
15% Feb
45
———No par
—20
Preferred
May
2 74 May
95
14%
28
Oct
:
Sep
6
Jan
U Jan
2774 Jun
'41
.
Apr
6174 May
Jan
1
1
.
2%
Aug 18
111
*■3574
Co.
47
18674
Dec
18%
*
Chemical Corp
&
Jan
173
Apr;
Aug
1774 Aug
Oct
20
41
'
•2074
"
300
5
36
2174
,41
3574
6
4074
31%
36
:44f'
."22%
*35%
3
A*3574
,-7%
•
Deere
Jan
Jan
53%
7
53
Dec
37
18
Jan
13%
Oct
54
15
45
Aug 21
—
Dayton Pow & Li 4%%
Records Inc—
6,900
2774 July
26
Deeca
40%
Jan
x97i Jan
5
July 31
6174 Oct
1% Jan
3
preferred————25
3974
Sep
7% May
3774 July
1874
18474 July 10
774 July
6
173% Apr 29
Davega Stores Corp
Davison
4974
Jan
Jan
39
Cutler-Hammer Inc—
400
Jan
1
.Class -A—
38%
*38
52
42
•
3174
:
10
112
"
38%
Jun
474
•
25 74 July 12
40
"2074
-
3,800
1574
15%,
*11174
112
*38
15%
3
Press
5%
Jun
Jan
1634 Jan
Curtiss-Wrlght
100
A
25
*22
;
15%,
15
*11174
'
3974
••♦37
39%
39%
112
112
113
25
~
1574
1574
15%
,25 74.
•A 112
1074
1074
1374 July
4
41
■
4274
35 7«
1074
25
Sep
36%
19 74 July
5
Jun 22
39%
40
4214
,
.10%
*22
*1074
*22
1074
23
23
A
13%
<1 113 f
-*112
v
,
15%,
113
73974
25'-
*22
16
-112
*1074-
io%-
10%
1074
25
110%
25%
5
22
30% Aug 18
3
•
no 74.
"22
Jun
Jan
4074
26
874 Oct
Mar 20
5
1174
;
Jun
46
15% Jan
.
Oct
23%
Jan
7
3374 Jan
19
10% Jan
Oct
49
>
3
14
Jan
107
26%
27
13 74 Mar 16
16-
Dec
Jan
96
43% Jun
May 24
Dec ;
4774
x474 Jan
Mar 10
10
18%
Jan
16
19
11274 Aug 31
5
10
12% Aug 12
38% Feb 29
preferred
(The)—.—No par
$7 preferred
——•
No par
Prior preferred.——No par
■
29 74 Oct
Aug J
Jan
89
11074 Aug 30
26% Sep
——100
Cushman's Sons Inc 7%
127
*122
2474
15
•
3374
2774 Feb
4% %
1,100
57s
Feb
Curtis Pub Co
240
126
5274
17%
24'74
25
'
30
974
126
127
*122
127
•*•2474
25%
107%
974
6
1774
1774
1774
*122
127
Cuneo
5
.No par
No par
Packing Co
Inc
Cudaby
1,000
53
5%
6
574
1,000
28%
10774
•
108
53
5274
5274
17%
.17%
2474
26
25%
20
"122
127
*122
127
'25%
127
12674
■"
6
2774
27%
24
#97
.
preferred:
6% preferred
preferred
7
28
Sep
3
RR
7%
21
51
7
Cuban-American Sugar...
150
24
24
*27%
5374
574
18%
17%
1874
18 74
*122
15,500
*
129
129
6
5%
6
574
974
*52%
53%
53%
5374
5374
129
129
129
129
'
1674
1574
'140%
150
24
'
9%
974
9%
Cuba
177a Feb
20
Zeiierbach Corp
5%
1,650
9%
108
*10774
108
,,
24 %
2774
27
27%
27
27%
108
974
700
2674
1574
1.57'8
*14074
80
25
24%
28%
24%
'
"
4,900
3574
80
15
5
preferred—
$5 conv preferred—
35
16
No par
No par
Crucible Steel of Amer
25
25
1574
1574
*14074 150
670
Jan
47
preferred
Cork & Seal
Crown
9,900
8074
*80
26
102%
34%
34%
81
•
2574
1574
2474
24%
*80
150
*14074
150
24%
2574
•1474
15%
14%
*140'A
*14074 150
•
20%
102%
20
20%
474
Jan
Crown
102 74
27
1874 Feb
1,600
J.C2 74
17'7« OCt
Oct 1
1047/4 Jan
8,400
20
2074
10274
20
102%
8
2974
25
—
3574
$2.25
2774 Mar 1
24% Apr
2474
4874
Nov
5% Jan
3574
*48
17%
41% Jun
24%
48%
20
4
.
*2474
*48
4874
,2 5 74 Oct
10
3574
900
3
7% Jan 27
25
•
2174 Mar
32 % Feb
25
25
Sep
Nov
105'A May
3574
conv
8
Nov
9 74
20
2474
5%
Feb
24 74
3
1
—1
Co—
Crane
Jan
2%
f
374 May;
19% May. i
Jan
774
July
17 7A Oct
102% Jnn
25
"!
102%
20 %
10274
.
860
*
74
25
1374 July 19
3274 Oct
4
Jan
No par
Inc—i
27
I
i
105.
3
Aug
3475 Jun
100
Cream of Wheat Corp (The).——2
Crosley Corp <Thei—
No par
'
49%
s'48
10274
J 07
25%
11074
25 %
25%
*'*2774
25%
10874
110%
: 25
2574
25%
*2474
26
110
2574
310%
110
110
111
270
178
177%
.
110
2574
2574
26%
25%
2674
26 74
3%
3%
3%
177
177
Apr:
"2474 July
9174 Jan
4
3
45
.No par.
—No par
Coty Internal Corp
3%
374
Jan
6%
12
$3 prior preferred
Copperweld Steel Co
5
Conv pref 5%
series—
50
Cornell-Duciller Electric Corp
1
Corn Exch Bank Trust Co—
20
Corn Products Refining.*
25
Preferred
;—.—
—100
177%
1574
19
r
Dec
12
No par
Cooper-Bessemer Corp
"374.
18% Jan
.—..—100
Continental Can Inc..
20
Continental Diamond Fibre.;——5
Continental Insurance,
..$2.50
Continental Motors..
1
Continental Oil of Del
—5
Continental Steel Corp
|
WU Jan
preferred-
8%
10% Jan
5
'
—20
America
Jan
Jan
24
Consolidated' Natural Gas___—.15
Consolidated Vultee Aircraft.——1
$1.25 conv pfd——No par
Gonsol RR of Cuba 6 % pfd.:
100
Consolidation Coal Co
—.25
$2.50 preferred —
—.—.50
Consumers Pow $4.50 pfd—No par
Corp of
July '
1% May ♦
7% Jan
5
u.
16
13
434 July
-No par
$2 partlc preferred—
Consol Laundries Corp.
6%
17774
9
.
.107 74. Sep 1
4474 Jun '
Jan
17%
3074 Oct
,
19% July )
Jan
a®
,9874 Jun
lo
95% jun 23
2574 Oct
6074
177
27
207% Jan
974
174 July 13
%. Feb. 23
217/« Jan
2974 Jan
507-4 July 15
187s Jun 16
10874 Oct
178%
'
8
108
15
374
*
Jun
Feb
105
23
674'
60
•'
July
44
21% Feb
59%
*17774
•"
41
Jan
102% Jan
$5 preferred—.——
Consol Film Industries-
1.800
15
15
12%
53
53
900
43
%
47 74
■
5,600
1074
'
874
8
2874
.2774
28%
29%
2874
"
39%
1074
11
10%
.1174
300
39%
3974
39%
48
'
9.400
Jan
25%
Corp——5
Continental Baking Co
774
3074
19
Edison ojf N Y—No par
Consol
Container
A 10974
7%
*107
10974
*107
28
28
8
774
109 74
*107
2874
2874
87a
774
39%
39 %
2874
2874
28%
10974
,*107
108
20
43 % Jun
17
2.200
v
23
47% Oct
3
3% Feb
Consol Coppermines
3.200
17.500
*5%
57 a
2874
*50
310
107%
10774
574
'
*1174
51
900
.
25%
25
2574
25
97
374
374
37a
25%
25 7 4
25
*1474
v 1,300
2974
2974
1174
15
.A
25%
25%
25 74
2974
Jan
2274 Jun
25
Co—-——23
Conde Nast Pub. Ine—
.No par
Congoleum-Nairn Inc——No par
Consolidated Cigar.——...No par
$4.75 preferred ■;
No par
800
9
.1
98 74 July r
79 74 Jan
;
39 7'8 Jan
167iApr 24
Edison
Commonwealth
16.300
'
2974
17
3.300
20
*19,
conv
'
28%
2874
2874
preferred
No
Solvents——No
Commonwealth & Southern—No
$0 preferred series—
No
4% %
55,600
88
8774
88%
20
-
16%»
108%
i t>.
'
15%
*50
'
ju
M,
11%
14%
10974
10974
74
'
29
16VA
51
"50
Commercial
28 7A
107
16%.
25
••
15%
,-1574
.
.
■
Comm'l Invest Trust—
7.500
20
3%
574
i
16
1674
:
3.400
1574
29%
29
3174
30
4574
15 %
'
107
24%
11774
45%
12
ar%
12
•
2574
25
25%
2574
*10774
28%
'
5%
3.400
15
$ per share
37% Jan
10
Credit
15%
2574
25% :■
■
107
5%
5'A
574
*5 74
25
107
107
*1174
■'
$2.75 preferred—
46%
9674
;
v,
';
Pictures—
Columbia
Commercial
1574
20
3%
37s
'.
3%
4174
29
:
2974
97
97
25%
25
..
200
45 74
'107%
28%
'
-
25%
25%
.,*28%
97
3%
107
■n
26%
29%
^
■
374
•
20
25%
•no
•97 ••■
20
1.700
41%
9374 Jun
14.
Highest
J per share
$ per share
share
Feb
84
No par
No par
— No
par
41%
117%
4174
20 1 ;
28%
28'A
21
28%
/.'.
26 Vi-
.'•26
••"30-
28%
20%
2874
20%
■
88 74
■■■.
87%
87%
89%
87%
89 74
H
19%
*46
4774
*46
4774
1974
20
19%
477a
1
tr
1
1
8974
.
.*45
500
$ per
par
Co—,
Carbon
Columbian
.9374
*90%
93
*90%
''917-4
,
'
Shares
$ per share
share
$ per
Lowest
Lowest
EXCHANGE
"
$ per snare
Year 1943
Range since January I
Highest
STOCK
YORK
NEW
the Week
Oct. 27
Oct. 26
for
Sales
Friday
Thursday
Wednesday
Oct. 25
Tuesday
Oct. 23
Oct. tl
HIGH SALE PRICES
AND
LOW
Monday
Saturday
1% Mar
16% May
8
Jan
16% May
39%
Jan
52% May
w'B
OWUf*
AND HIGH
LOW
Saturday
Oct. 23
la
14%'
•HI TV
11%
12 V.
11V
J'2%
12 Vb
127 b
14 V
13%
14%,,
13%
14 lb
13%
13%:
39 "4
41V
39 'V
40%
41-
41%
41
42 V
40 V
41'A.
3V
3V
•3".,
4%,
4V
4
40
4l7h
41 la'
*22,%
9%
"
291a
100%
>
' 25
,
137b
137 a
167 b
8%
51 '/a
*
51V
51V
51V
*102%
1017b
lu
it
102 V
43
43
.
107!
108
>$6 preferred—
Federal Min & Smelt Co
Federal-Mogul
3,900
•4V%
210
I
10
74
,
52 V
5074
51
lw< Vb
Iv,
o 4
52 V
22%
42V
*10774
23 "
<
*108
108%
:3'» :'.t
38
37 V
*10674
1,000
6;800
107
31
30'/a
30V
10874
*108
10874
*30'/a
10874
•
30V2
First
Flintkote Co
$4.50
30 V
6V
6 lit
6 !■»
45 V
45 lit
*44 !i>
15% 1
15" a
.1.5%
15%
03
«1V
01V
*6!
6%
*6%:
*
a
6 V
15'4
40'a
15" »
15'a
*62
*01 %
62>
*231
23! a ;
22 V
23 V
22%,
6 Vb
6V
6V
1.100
Follansbee
J
*44Va
227i
22 V
22 V
44 7 b
*15
/
45
60
*104
110
*104
110
""V
110
32'a
13274
32%
32!',,
32 li,
40 V
40 'a
39 V "
40
40
1)4'.,
114 U
*113%
11414
%
OX
41 la
32
V
'
*113 V
22 V
22%
4.200
23 V
*23>/2.
237b'
460
16'4
1,400
..
16
16
110
*104
114 "4
32 Vb
327b*
39%
39
39
800
Fruehauf
114%,
114
114
190
4%%
6
.1700
Gabriel
Gair
114.
2.300
Trailer
507b
8
517b Oct
14
257b
Jan
43
Jun
3
31V
Jan
109
44
4
Jun
Jun
July
/39V
Jun
15,7b Jan
14
977b
Jan
109 -
July
5
2574
Jan
36
Jun
28
Jun
34% Jan 13:
par
247b Jan
Jan
5
3%
Jan
7
30%
Jan
8
Jun
9% July
*53
Dec
1
15% Oct 21
974
Jan
13 V July
53% Jan
5
66% Jun 22
39 Vb
Feb
54
Dec
16
Jan
18
247b Oct
13
1074
Jan
19 Vb May
20
Jan
4
23 Vb Oct
26
1674
Jan
21
177a Sep
26
57b
Jan
15 V
Oct
17
137b Jan
.
13
May
15
50
Feb
75
3
367a July U
2934
Dec
38 Vb July
29% Jan
1
4
42 Vb
17
Jan
31V
Jun
47b
Jun
103
107
116
July 12
Sep
July
Sep
5
Apr
18
2% Jan
3
2% Jan
12% Jan
4
No par
25% Feb
157b Sep
—20
62 Vb Oct
26
4% Jan
—1—5
13 '4 Feb
3
1
51
Jan
3
55 V Oct
24
10% Feb
11
147b Oct
18
21
107% Jan
14
102
Jan
107
28
7% Jan 24
547b Oct
13
37
Jan
51
preferred ————~100
Dec
Jan
30% Jan
70
7%'pfd—100
10
Co
19%
8% July
587b Mar
317b Aug
3
9 ;
22Vb
.11'4 May
1
10
—10
—-25
—No par
Aug 31
387b July
5% May 16
43% Aug
Freeport Sulphur Co—
32%
Jan
Nov
19 V
42
19
Corp—
Francisco Sugar Co
32 V
40
Jan
26
26 V Jun
a
F'k'n Simon & Co Inc
110
127/a
52 V Oct
109 Vb Oct
preferred—.
prior
*38%
-
...
114
114 V
16
*104
110
*104';.
HO"!,
.
227b
6%
277b Aug 21
104% Jan'13
Machinery Corp
Foster-Wheeler
•98 Vb
Jan
3
27
187b May '4
Fair Stores Inc
Food
23 V
7"% .-v»'?»u
10la
16%
16%
a
'104
Food
22 V
Apr
25 V July
35% Jan
—„_10
Corp_^
600
*15
•
Dec
6V
•
Jan
78 V
18
18%
Jan
<•
par
preferred—100
800
237 a
■
Steel
conv
Feb
15
21
par
——No
59 V2
60
23 !,i
V
-5%
Dec
37b
No par
15 V
15
60
*23
45
4
No
59 V
15
61V
22%
23
a
*44
"'447b
157b
61%
-
23 V
22%
t
"IfJ1
6%
'
40 V
13
Jan
k
103% Apr 25
Florshelm Shoe class A—:—No par
300
6V
'
July
105% July
/297b Apr
No
Stores—
(The)—
Florence Stove Co
1,000
•197b
Jan
13
23
102% Oct
5
Nov
Jan
387b Feb
—100
i__
preferred—
.
38 V.
V4
38
31
*30 Va
National
1.800
227b
38 H
30 V
30 V
30%
preferred
3.200
43
*108
10874
*108
' '
AJO
.
1.000
'/a,
43
'22%'
22%
.4% %
Jan
May
18 V
Jun
Oct
Mar
28
11 Vb
Not
86
4
30
•42
Nov
Nov
Jan
17
Firestone Tire & Rubber—25
22 V
43 V
43
•>"",
45
Fidel Phen Fire Ins N Y_
51
5074
10/
lu/
43%
*43
38
'"30%
43
2f%'
93
S2.50
Ferro
•
3"/4 UU1.V
67b
24
23 V.Oct
3
*
87b
Aug
.
Jan
21
107b Aug 18
-
29 Vb Mar
Nov
30%
13
17
24
26
:
74
17% Feb
Apr 24
4
20
July 17
105
211
Jan
preferred———100
Corp—
—1
conv
Enamel
1,400
Jun
5
147b Jan
-22% Jan
Federated Dept Stores:—/- No par
527b
52 Vb
51
5
Jun
•14%
26 V
3
19 Vb Apr
17
4,000
•
18»
2
9%
Jan
42 Vb Oct
3
5
Jan
574
474 July 14
18
—i—No par
Corp_\._
Federal Motor Truck
33/i
25'
Jan
Nov
4
29
447b Oct
Jan
100
par
Jan
13% Oct
■
147b Jan
Light & Traction———15
Federal
,63%
78
157b Jun
19
21% Apr
9% Jan
33%
A— 20
Fajardo Sug Co of Pr Rico
Farnsworth Televis'n & Rad Corp-l
500
24
V
23
4° 7a
n't',
50%
51V
22%,
43 V
V
•»
"
231
Corp
700
„
:
87/a
'
43
••:23"r
10
1027b 102 Va
25
24
251 a
*25
*:*•,/•
50 V
10714- 1077a
108
25 v:
nr»
2% Jan
-No par
1,700
297b
*29 V '
3
Fairbanks Morse & Co
*.
21V
8%
87¥
297b
217b Jan
...2.50
3,600
.12- .V'
.
21V
■.
V
29
30
lb
101
-
22
.22
8%
8"b
.
29 V
101
22
3
Exchange Buffet Corp
2,800
:
22 Vb
22 Vs
22 "V
17
103 V' 105
18
Ex-Cell-O
10.600
131/4'
*16V
*
105
103 V
<57b Apr
97b Apr
Co
Highest
I per share
share
per
84 Vb Aug 24
15
9
Cleaner—
Vacuum
Products
Evans
2,700
■
25'/a
:
13-
Eureka
6,100;
41V
247b
.
16% ''167b
'
*
2214
-
*22
.9
.
105
*22-
,
29 V:
00%,
:
"
414
4074
41%
24%
13
H103V
22!:,
*24%,
26
'51
521-,
*107 V
3
*:
>22!%.
V 29 V
.
41V
24 V
16%
3,600
10,000
'
20" »
51'V
52
*
29%
•100
4074
"247 b
13 lb
o
4V
24%
16" i:
22!:,
93a
'
29
10<J7b
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1
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>
.
401/2
a
104 V
22 lit
22 V
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.
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V 22 *
.
-
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12%,
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10414
t
221'3
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23
'
41
10%
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'
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103'.V 10314
-
4
24%,;
24%
,
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17 "'17
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'
13
13%
13V
25
88
*84%,
-
4
V
40
40 V
''a
24",
.25'4
*
88
78 V Feb
5-
Erie & Pitts RR Co
88
12 V.
14
84 V
•
88
50
Lowest
* per share
I per share
Par
*84VV88
8414
11%
15
"
"2 i"
*
12%
13%
Year 1947
Lowest
EXCHANGE
Shares
share
12 V
'84 V
41Tb
*3%
a
S per
S per share
14:'t
88-
12
91
1
$ per share
share
Range for Previous
Range since January 1
Highest
STOCK
YORK
NEW
for,
the Week
Oct. 27
Oct. 26
Oct. 25
Sales
Friday -
Thursday
Wednesday
121a
*84%,
25 *
S per
1873
STOCKS
SALE PRICES
.
Oct. 24
,
,$ per.share
$.per share
■
Tuesday
Monday
Oct. U
vlftKTrhfMifcr
FINANCIAL CHRONICLE
THE COMMERCIAL &
"Number 4329
160
Volume
"
G
6V'
6 V
6
0 V
4V
4" a
4V
4%.
10
15 V
15 V
46
40 la
44
40
17%
17V
1715
17'/a
67'a
70
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7
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107 V
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114
132 Vb
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125
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87 V
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20
24
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50
127
127
52 V
52 V
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-
:.
46 %
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53 lb
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111%,
ill:,
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514
5V
5 V
165
162
165
•
•
5274
21%
57b
162
12
12%,
117b
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57 V
57 V
56
56%
55%,
46V
46
46%
45%
56
457b
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161
161
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,
217b
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12 Va
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1
22.200
10.100
190
59
11%
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•
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221/4
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2174
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i
T
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•
156
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52 V
52%
22 V
207 b
538
12 V
1
5274
227b
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162
17 V
-
53 Vb
227 b
207„
11
*
156
59
53 V.
a
2874
28 V
a
156
21%,
191
5V
407b
*54
53 V
rll',4
167
1674
40 V
156
22%
11V
,247b
59
54
21V
*23 V
3 6 "4
•
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22
11V
24%
88 %
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,
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a
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1274
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127
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59
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i.i
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13
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28%
28
287„
59
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-
6
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46
16
57b
24",,
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16%
40%
150
*155
471/8,
1574
38 V
38
37%
50
•
■
11074
4
"%
126 Vb
*1037b
104
16 V
■; z *4 "4
r
•13
24%
"■
27%
*17%
13 V
37 3 4
41V
41
4 I
2 Vb
11"%
6
1,500
*50 Vb :;5i
3%
-
50%
50
*103V
46 J4
I
':.•
•
•'
"
57b
•
200
.
23 Vb -23%/
.
126%
1251/a
i
9,600
101
374-'-'
314
Ol,',
*16
6
,
•477b
47
167b
4%
IMJ
I
200
.
-1974
.*100
,
50 V
.
37b
104
,
v;
'
3
125%
uu ,a
104
14
50 V
/
3
37 V.
.
23'4
23
5074'-
100
87
11,200
,12
*55 V
'
22 Vb ?
11 Vb
24 V
5 Vb
162
12 Vb
900
20.700
1.00
33
400
2812
28 »4
28 Vb
*28%
28 Vb
310
137
Jan
56
130 Vb Oct
19
2374 Jun
106 % Oct
2 Vb
39
24 % May
4Vb
Jan
8% Jun
J
3,
Jan
2% May
25 Va May
A
1274 Jan
*104
120
Aug 24 }\
4V Oct
5
•
Mar
115
15%~
19 V
4
July 12
Jan
974
257b July 10
Jan
par
19
Jan
6
July 15
15V
Jan
100
110
Jan
14
15% Dec.
Jan
Gen Time Instru Corp.:—. .No
23% Mar
Jan
preferred——*—
31
108
113 V Apr 22
197b Feb
5
& Rubber Go.
General Tire
8
17
No par
No par
3
13 V
July 10
69
Jan
6
00
No par
11 Vb Jan
19
$6 preferred—^.——No par
x83/- Jan
18 Vb Jan
45
Apr
7
—
Gillette Safety Razor..
$5
conw
preferred—
Glmbel. Brothers
;
7% Jan
Glidden Co
(The)
——No par
4%% conv preferred——_—.50
Gobel
(Adolf).
-—-—-1
tGoebel • Brewing Co—
—
1
Gold & Stock Telegraph Co..—100
Goodrich Co
1
■
$5
—No par
1
Granby Consol M S & P...
—5
Granite City
Preferred
B%
Sugar
preferred—
Gulf Mobile & Ohio
...
19
83
Jan
102
25 74
Jan,
'417b July
4
ID
Jun 19».
112 Vb Jun
17 Vb Oct
7
5% July
Aug
26
5
9074 Jan
4% Jan
f? Jan
7
5
374
ID
Oct
6
8
8
,16
July
97 Vb Aug
*
457b
.
Sep
Oct
108Vb July
97b Apr
27b May
674 Apr
Dec
Jan
17
July
5
77b
Jan
137b May
38% Sop 25
25% Mar 15
29V
Feb
37
24
Dec
26
14% Jan
17
137b
Dec
18
9% Feb
257b Jan
3
July 12
4114 Oct 20
247b Jan
3
29
15
156
May 23
67
1437b Feb
3
Mar
Jan
154
Dec
57 V
Sep
65
Jan
31%
Jan
50
July 15
14%
Jan
11
Jan
13% July
123
Jan
6% Jan
2
24
.
Sep
21% Dec
10 Vb
Nov
12
274
Jan
17 Vb May
5
Jun
Aug 12
2414 Oct 27
3
138
Apr
327b May
277b Jan
3
12 Vb Jan
17.
Apr 29
Apr 18
37b Apr
Nov
13
Aug
24 Vb
11
Jan
23 74
Feb
19% Feb
.
21%
8
8ep
July
54 V Oct
17
11
l
6 Vb Aug
81V
Jan
16074 Jun
3
16 Vb May 17
'37b
Jan
59
23
25 %
Jan
457b May 19
44 V
Dec
10% May
41% May
50% July
26'
pn*
33
Jan
V Sep
15
27
176
3
42
23
No
Jan
Jan
17
50
—1
Corp
Sep,
Feb
104
23
Dreferred,
Oil
May
,-85% Oct
; 227# July
','48
Jun
17b May
37b May
54% Jun
129 Vb Oct
32 Vb Jan
No par
,.10
100
14 V
1% Jan
73 V Sep
247b Jan
4% May
Feb
43 V Feb
No par
41
37b Aug 21
Jan
57
RR—No par
Jan,
52
Jan
100
Greyhound Corp (The)
5 Vb % preferredJ.
1474
July 11
Aug
1
74
3
23 Vb Jun 28
,
.100
—
Green Bay & West RR~
(H L) Co Inc...
Jan
37b Jan 20
Co
Green
'
1514 May 18
Steel
(W T)
59
1V Jan
—No par
—10
5% preferred—..——
20
Great Nor Iron Ore Prop—No par
Great Northern Ry 6% pld~.No par
Great Western Sugar.
No par
Grant
14
8% Jan
.
±No par
Grand Union Co.—:
Oct
102
104 V Jftn
—
Dec
9% May
Jan
367b Feb
convertible preferred—.No par
Graham-Paige Motors
Jun
257b Jun
Jan
5
98
Gotham Hosiery
474
17
11
40
—No pgr
Goodyear Tire & Rubb^s.——No pat.
113;
6074 Jan
Jun
25
85 Vb Jan
.No par
(B F)—;
July
237b May,
Jan
207a Oct
2% Jan
$5 preferred——
24 Vb
105 Vb Aug 23
99
preferred
91
"
1474 Jan
257b Jun 19
Feb
100
4V%
Aug
.
16%
'6%
Nov
6% July
Jan
24
28 Vb July lo;
5
197 b Apr 25
147b Jan
July
Jan
2% Jan
11V Aug 21
3
Apr 11
37b Oct 27
17%
13%
17
Sep
July,
July
131% May
1257b Nov
4
547b Oct
137b July .76
60
463/s
*31V
Nov
44%
18
45
32%
128 V
July 12
66
IV Apr 25
112
Dec
120% Dec
107%
3
24
3
Jul)
Jan
3
Oct
Nov
44% July
119% Sep
83 V
4
67b Jan
'
July 13
132% Oct 19
28
May
/397b July
Jan
-
Jun
32 V May
'• 148
17b Auf
93
15
Gulf
32 V
113%
3
30
Sep 26
957b Oct
1.000
%
Jan
3 Vb Aug
117
267b Jun
5.100
46 Vb
10
17
10
9
56 V4
46'4
Jan
20
3.100
45%
Jan
34
74Vb Sep
Guantanamo
467b
30%
437b July 12
Sep
227b Jan
...
Grumman Aircraft Corp.—
200
39% July 11
98 Vb
Jan
20
Telephone
4.200
6,600v
8
914
Jan
par
■
'
16 3 4
*10%
v,
2 Vb
3%
c
100
•
11%
*86 V4
19%
>
x
197b
19%.
237b..
125%
•>"
110'Vr
5%'
*23%
■
Vie la
e
47%, %
18 la
12%
"23 V
16%
6
'18
..
oi
47 '
110%
6V
.
,
125
-
50"b
-
•
104
•48 V
;16V
0
3%
^0%
110 V
110'a
MOV)
'
3%
.125
103 V
;
2 V
.•
101
.
2,400
24
*103V 104
V ;
"86 Va
*661/4
•
197 b
23 Vb
-
50"%
V
*103 V
52
50
-
48® 4
2
3%
103 V
108 V- 10314
441V.
3%
>
*100
23%
.23%
50%
2 V
•
3V
2.V
50 V
2V
125 V
2V
•
2V
24 %'
50
24
"197b
101
*100
101
*100
19%
19 V
88
■
12%
12
127b
12 V
*86 Vb
104
200
111%
24
24%
24
*103'4
287b
111%
111V
*111
104
*27%-
2874-/
*27Vb
-
H200-
Jan
20%
130V
29'% July 12
153
preferred- .No
Corp—.
General
Jun
Aug
7174
4
19
16
187b Apr 26
N
151
8Tb May
Feb 24
197b Apr
Jun
9Vb
Mar
18% May
4% Jan
10c
Jan
134
Dec
Jan
36% Jan
par
Gen Steel Cast $6
600
26
5%
6
24
Apr
Aug
Jan
1257b Jan
:.100
-
•111 Vb
*103
12%,
-
28.
;
.No
11%
77b
18
preferred
Jan
67b
2%
Mar
Realty & Utilities new_
Apr
53 V
77b July 10
Apr
106
Jun
147b
Jun
187b July 10
1057b Oct 18
517b Feb
lt)C
67b
Jan
4
128
;
Jan
9%
3
100
1,900
93 Vb
.
*2574'
3
51
117
.No par
—
Oct
Jan
4
par
4% May
47b
Jan
par
,
3
11% July
10.2
2,290
19 V
...
93 V
-
26.V
97b July
157 Vb Oct
140
.No par
Ucneral Refractories.
1
General Shoe Corp.——.—
1,600
26
7VJulylo
11
.No
Signal
Railway
6%
22
22
94 4
Gen
Oct
65
x2174 Aug 30
Jan
No
—
Gen Public Service.
Gen
30% July
No par
——
$4.50 series A preferred
1,300
3 Vb
Jan
28
115
Equip Corp— No par
—i.
Genera] Printing Ink——
12,700
25 Vb
19 V
18 Vb Jun
par
No
-
—
47 V July 18
14
214 Feb
Gen Precision
125
.
37 b
19 * * •19'4
*2574
24 v ; 247b
:
;
861'a
12
86 V
•
20 V.
-.19%
*111 V
104
*86 V" 88
101
*9874
23%
*102%
12 V
•
'12
12V
87%
24
104
•
.*27 Vb
.28%
111
.111
111'
111
4
3 2'
V *2774
28%
•
.
300:
174
,
*122
.
22»/8..
92
25%
1,100
,
112
Adv A——_ .No par,
Outdoor
Feb
;407b Juil
par
—
preferred—:
$5
10
3
,35
par
.No
—
Common—
147b
8
140
General Motors Corp——.———lu
100
.*■25
.
37b
2174
•937b
91/2
*174
"" 125 M
312
19 Vb
•
25%
1,500
9V
"*174
25
*122
.
92%
,
No
Corp—
preferred
5%
Jan
1
preferred series A
conv
Jan
9%
Feb
25 % Apr
preferred——
General Mills
3,900
*106
*174.
22'/
10 V
26
1174
117b
97#
25%
-
-
Vb
10%
93%,-
26
-
$6
Gen
'
•1%
.22 lb
91V
;.
»
——100
Gen Gas & Electric A—„No par
100
21! a
37b
3
22 V.
.
% 19 V
19 la
23%
34,800
56
.
217 4 " 2174
1174
*106
l'b
/
37 b
3 la
97b
*9 lb
-25 V
-
*122
3%
26
„
61%
128 V
*54
'
1 J, 7 b
*106
1%
$4.50
Jan
17b
5
47b Jan
V 74 Jan
817b Jan
par
inc——
Foods
General
2V
67b Jan
1% preferred————
.No par
General Electric Co..
60
128 V
*
56
■;
-117b
"22 '■•"■
•/". 2,174
9%'t
106 V
22 "4
28%
104 V
*103 V
7
12914
*54
'
24
131Vb
60 Va
143
.No
preferred-
cum
5
par
No
—
—
•
117b
22'
'
V
25
-■
26
112
,
3V4 415%
-.600
i
Jun
5
5% July 10
July 5
7
17
41 % Apr
...100
30
131Vb
...
62
61 V«
*128'/a
56
*54
12
*174
95
.28 V
94
■
9
-
19 V
26 V,
'•
Mil
;
627i
129 V
141 Vb
*138
'
28
,
22
a
92 V
19%
95
95
*
21,400
A—,.
General Dig<tr
30
37 b
*11
131
62 lb
,,.
'5,200
41 Vb.
113 V
37b
114
'
,*128 V
62%
56
18,900
387b
1131a
2
1391/a
131
129 V
80
150'
41 Vb
.
.
3V
7%
380
1,500
27
,
OHss
yiXT
^
General Cable Corp—
800
16%
38 V
42 Vb
*138
140
114
11%
97
•
22%'
1
MOV
*147
115
37 b
*131
V
2.400
;i..
No
Corp—
105
:'_5
.i
—
General Bronze
•
*138
61%
'
102 Va
*26%
38
X4!%
3%
37b
140
*54
125
3®;,
23
23
3%,
132
*128
26
*121''
3-V
6
102
150-H
*113V'2
115
*113%
'i/
.,4'.
27
381/4
42 V
4214
42 V
900
10
-574
*1574
16
104
*147
T50
38 V .3874
115
*97b
•
•IVO
Baking—
preferred
$8
1
102
2674
'
114
"ir«
125
'•
1
*147
38%
106
-
2011 ■! 20 V
*I2i
6
131V
*106
:
97b
57 b
16
I
149
9%
*112 V
22%
10
i
2, ,a
"
■
General
¥
1037b
10374
102 V
140'
12
•
'
6
t'-V,
,
"
22%
23
23
*100
1
97b
6%
■
'
64
■
Gen
50
No par
preferred
Amer Transportation
2.200
9%
1 f
38%
56
lilt
$6
51%
—
,-
Gen Amer Investors—
107
51V
9%
,
-0',„
2',
1291a
*55
•
2.900
30
102 V
114 V
62
240
14
*106 Vb
'
52 Vb
52%4
55
3.500
142
*128 V
107
*106 V
53
53
14
8 "4
133
12
lu< Va-
*lUlJ-,y
55
1374
1
55 V
14
157V4
3%
*113
64 V
*5474
874
42V
*131
50
5^1,;,
14%'
20
Gaylord Container Ccrp
5V% conv preferred
197 b
20
par
Inc—
Wood Industries
Gar
*1551/2
*113 V
114V
129 V
%
14%
*54
Co
preferred
$3
,
.ho
(The)—i
Co
Gardner-Denver
7.200
874
3 V
133
64
19 V
200
preferred—
2.000
674
1571/2
149
5112 V
.'"'65
674
37 b
a
*131
"128V
*651/4
7
*155 V
42 3 4
*140
65
6%
!>0
874
V 1141a
V
3%
62 Vb
7
-
par
(Robert)
Inc
Gamewell
810
No
(The) cl A
Co
Co
6%
1.500
157%
39 V
114
142
70
16%
70
67a
20
53
6
42
•
3 "a
*140
17
45
16%
9 V
38 V
39%
42V
45 V
*16V
43 V
17
874
149
*147
115V
44%!
.
45
.
157%
27 V
3"b
200
*62 V
1U,V
V"
104 V
27 V
42 V
157/b
■
27 V
"1 M V
*15 Vb
8%
i
17'4
39%
-
157 V
61 4
a
104 V
148
1574
8%,
157!
104 V
140
*151/2
157 V
9
8 "4
*155 V
0"ii
V
1574
14 lb
MOV
27
6.700
55 Vv
10
6" it
Hi/a
7
14
*106 V
157 V
47b
20
54 V
0
"155 V
,.
14%
54
6%
19%
14 V
107'/a
47 b
17
54 'a
14 V
*106 V
4V
45
54 V
54 V
•64
4sh
70
6%
20",i
19",',
20 V
G
17.%
7%
'
7
6 %
45
44 V
70
*02 V
V
6Vb
*15%
.
GV
4%
15%-
a
«#17
'
'
*6%
Jun
H
32 V
32!
a
32
281
li
28
28'V
*1.0%-
I Of,17
'
110
10617
18%
9
—
774 1
9106
V
108 V
*107%
*19%,
20
14%,
15
*107 Va
*105 V
13
',4
108 V
110
105",
106 V
18 V
18%
*7-%
see
18%.;
*
19 Vb
*14%
32
19%
15
108'b
*105 V
106' b
18 V
18 V
1974
19 V
14%
14%
107%
*107%
106
*10574
*105 V
137b
18 Vb
~77b'
7-%,
*106 V
page
J
1879.
~7%-
°7%
*106 lb
77b
77b
*10614
18 V
1974
300
147b
1.400
30
108
106
18 V
•
30
2.700
"7%
77b
*106%
Hackensack
1%
Hall
Water—..:
..29
10
preferred class A—
Printing
Co
Hamilton Watch Co.—.—..No
~77b
500
par
6%
preferred
—100
Hann$ (M A) Co $4.25 pfd__No par
Harbison-Walk
Refrac..
—No
6%
*150
*150
M50
*19
MV
107 V
'
*106%
footnotes
106
*150
M50
8
For
28 V
15
14V
—
.
a
28!
20
18%
*149,
321 >V
*
15
M07V
28 V
*19 V
20
M4%
*
*31V
32
28
*31V
par
preferred——.—.100
Hat Corp of Amer class A
..1
6V% preferred (modified)___100
—
Apr
4
33
July 17
2274
Feb.
28%
Sep
27 Vb Sep
28
38
May
35
Jun
38
Apr
12 V
Jan
18% July
9V
Jan
5
26
16
Aug 31
74 July 3
.106
Apr
11
ill
July 24
102
Jun
14
106 Vb Aug-11
15% Mar 13,
11 Vb Apr
15 V Apr
138
Jan
21
,
24'
21
6
151
5% Jan
14
104% Jan
5
i,
July 10
Oct
87b Jun
110
4
27
July 12
104 V Mar
13 V
135
4 Vb
86
1574
Jun
110% July
Jan
1874 July
Feb
144 Vb May
Jan
7 V May
Jan
10974 Oct
,
RECORD
NEW YORK STOCK
$
share
9
8%
9
8%
71/4
7%
71/4
7%
9Vo
7%
7
'
7%
107 Vi
*21%
73
*164
*84%
130
130
71
71
71
121
121
*24%
*22%
22%
*22%
22%
*22%
44%
17%
*17%
18%
17%
22%
*44%
45
44%': :
.
18
181-2
18%
19
a
43%
42 la
44%
*43%
44%
17U
17%
431
"•(19
43 V a
69%
*69
110%
*110
noils
110%
*68 la
68%
68
10%
107
33 1«
33%
—
',1
,
42y4
42
44
16%
5,400
200
,
100
100
-1%
*8%
9%
*8%
9%
8%
9%
300
27%
27
27 Va
1.400
14Va
14%
14%
8.300
4Va
8,700
2,100
Idaho Power Co
33%
33
33
1%
1%
*914
9%'
9
9
'''27 %.
27%
27%
14'It!
141a
14%
14%
%
27%
27%
27%
145a
14%
14%
14
4%
4
4%
30%
27%
:
4Va
4
4
1%
*8%
8%.
27%
14 Va
27%
10%
32%
4
4
13.200
'1,300
700
Aug
Jan
71
100
Jan
118
136% Aug
July
Aug
21% May
14%
Jan
16%
Jan
25% July
28%
Jan
40% July
Jan
7
17% July
21
19
Oct
23
Sep
17
Apr
Apr
3
115
Jun
117
Aug
47% July 13
31
Jan
42%
17
36%
Jan
45
July
18% Aug 23
.69% Oct 19
9%
Jan
17
July
Jun
45
'42
May
13% Jan
Jan
Jan
Feb
Jun
Dec
18% Oct
2
63
87
Jan
49
117
10
108
29% Dec
73
% July 11
47% Sep
.5
13
*.'54
Jan
128
23
Jan
-No par
1%
33
2
lOVi
2
Oct
39
'..32%
10%,
Apr 27
13% Jan
1%
10%
Apr
172
12%
73
13% Jan
32%
10%
1.200
71
Jan
19
134
3
115
1%
10%
67%
10%
32Ve
1%
67%
Jan
Mar 10
18
20% Jan 21
36% Mar 4
32 Va
10%
*1%
68%
56%
July 17
123% Sep
6
25 % Aug 31
Jun
89
Jan
19% Feb
1%
68
3% May
Jan
152
Angl4
27% Feb 25
Jan
114
1%
68
10% May
110% July
93%
166
63
Class B—
—
—No par
Household Finance———-No par
1,500
16%
70
110
*69
*109
6
Mar 11
128
—10
Houdaille-Hershey cl A
I per share
1% Jan
30
25
22% July 10
75% Feb 25
20% Apr 24
75
Apr 24
.
10%
32%
68
4
63% Jan
160
Hollander & Sons (A)—.
—5
Holly Sugar Corp
—
No par
7% preferred
—
100
Homestake Mining—
12.50
16%
.68
68
%
600
2.000
:
18%
18
,
Dec
6
17
8% Sep
108% Oct
Mar 13
20% Sep 14 ;
5% preferred———100
Houston Light & Power Co.—No par
Houston Oil of Texas y t c—.—-25
Howe Sound Co——
5
Hudson & Manhattan—
100
-5% non-cum preferred——100
Hud Bay Mln & Sm Ltd——No pur
Hudson Motor Car-—
-No par
Hupp Motor Car Corp—
1
10%
a
Holland Furnace (Del)
*42%
110%
*110
110%,
68 %'
■
1,900
*17%
17%
70
*69
,
300
44%
*116
,
42%
43%
16%
16%
70
*69,
*110
—
25
22%
44%
19
,
42%
43 '/a
.
*22Ya
18%
18%
43
.
16%
69%
110%
69%
4
43%
'
*110
*17%
*116
42%
16%
16%
17
*16%
.
70
44 Vi
18%
44%.
*43%
■
22%
44%
•
19
43
42%
43%
*43%
*24%
99
Highest
$ per share
'
Hercules Powder-.———No par
G% preferred
100
Hershey Chocolate
No par
$4 conv preferred——No par
Hlnde & Dauch Paper Co
10
Hires Co (C E) The
.a——1
300
121
*119
25
*22V'4
22%
44
*116
*115%
*115%
*11514
121
*24%
25
44
:
18%
%
18%
71%
*119
25
131
*70
121
*24%
44
25
18 %
*129%
17%
*23%
18%
83
83
84 Vi
131
*164
23
23
23
23
*83
*129%
.
*1814
*23%
25
108%
9% Oct
28
2% Jan 28
—
Lowest
$ per share
share
6% Apr
1
?
Hazel-Atlas Glass Co,—;
25
Hecht Co, —,
„——'
15
Helme (G W),——,
—25
7% non-curn preferred——100
Hercules Motors—.
No par
11,500
430
500
300
130
1,500
1,000
40
200
21%
72
168
V. 22Va 22%
82
83
130
130%
*70
71%
73
168
22%
122
.44
*72
*164
130
X71
*120%
7%
72
73
166
Hayes Industries IncHayes Mtg Corp
3,000
9
*20%
21
21
21%
21 Vi
*120%
71%
121
121
108Va
166
85 Va
*84
*71
71%
*71
108%
*108
*72
23
22%
85
130
84%
85%
131
8%
7%
~
166
166
23%
23 Vi
24 Vi
*24
f 130
7%
72%
72%
■
166
9
7%
,
$ per
Par
Shares
'
21%l.
*20 To
i
,
72%
*72%
166
*161
21 Va
21%
21%
*72%
9
Vi
108 :Hi
108
108 %
*107 Vi
108 Vi
108 Vi
108
,
EXCHANGE
the Week
$ v*r share
share
$ per
share
8%
87a
7%
9
j per
$ per share
per share
Oct. 26
Oct. 25
Oct. 24
Oct. 28
Oct. 21
$ per
Range since January 1
Highest
Lowest
NEW YORK STOCK
Sales for
Friday
Oct. 27
Thursday
Wednesday
Tuesday
Range for Previous
Year 1943
STOCKS
HIGH SALE PRICES
AND
LOW
Monday
Saturday
Monday, October 30, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
1874
114'
44
7% Feb
21
Jan
105
1
Sep
Mar
Sep
57% July
214
July
59% Aug
3% Jan
68%
30%
70% July 11
13% July 8
37% July 10
.
-30% Feb
12%
41%
Apr
Jan,
Nov
9% July
1% Jan
n
2% Jun
28
%
Jan
2%
Jun
6
12
10% Jun
5
4%
Jan
10%
Jun
Jan
22% Mar
4
28 Va July
6
22%
Jan
29% Mar
8% Feb
4
16% Aug 23
4%
Jan
11% July
1% J,an
4
it
Jan
2% May
18%
Jan
31% May
37
Jan..
48
Jan
13
'
6
8
Aug
'
30%
30%
16%
39
*40
29%
29%
30
29%
29%
16%
J.6Vo
16%
i. o *5 4
xuoo
tui a
xo%
39%
*38 %'
38 Va
37%
38 Va
37%
39
64%
63Va
64
64
64%
64,
64'4
780
66
14%
14%
19%
*108
19%
109
14%
*14
14 Va
13%
13%
19
19%
*18%
19'4
1,300
36%
36%
1,400
104%
104 Va
200
108%
700
85
85
11%
11
11%
35 %
35%
36%
35%
*176%
177
179
79%
4,400
8%
5,500
8%
35
preferred
6%
Steel
Inland
llOVa
1,100
;■670
77/a
7 Va
8,100
6% preferred——,
Intercont'l Rubber—,—.
8%
8%
8%
8%
8%
4,700
Interlake Iron
176
78 %
1'74%'
174% 175
900
4,000
77%
77 Va
78
77%
175 Va-
175 Va
175%
175-
■
7,9
175
35
710
175
26
4
67
Va Jun
5
4*
16% July U
20 V4 Oct
4
11%
42% July 12
32% Nov
8
Int
35% Apr
14
Jun
8
105
88% Jan
3
Mar
71V4 Feb
165
3
X87
4 67V, Apr
165% Jan
44% Jun
100%
Apr
July
78% July
168
Jan
9% Nov
15%
Apr
23
6%
Jan
8% July
21%
Jan
38 % July
8% Oct
3
.
6% Jan 27
154% Feb 29
No par
Apr
62
May
May
19% July
40% Jujy 17
114% Mar 13
29% Apr 27
109% Jan 27
—————
1.58 %
7
Sep
,
16% May
Jan
86% Nov
Aug 14
.12% July 5
7% Jan 28
6% Jan
Aug 29
23
6
9% May 11
100
4
108% Oct
158
No par
No par
Machines—,
Business
Jan
25
100
par
International Harvester-:.—-No par
Preferred
—100
-
15% Apr
No par
Interchemical Corp—
110%
110'/a
Jun
Jan
Inspiration Cons Copper——20
Insuranshar,*6 Ctfs Inc
.
—1
8
35%
34%
110
Jan
July 10
44
par
No
8
19 Va
3
46
—100
—
Co.———
30%.Oct. 18
3
25'4 Jan
100
No
Ingersoll-Rand—
,
7%
176
174% 174%
175
10%.
10%
9
—
700
.
8%
36%:
110
*174%
79
78%
79%
a
174%
176 %
176
178 %
-
791
79 %
175
175
10%
*8%
83
8%
;
8%
8%
9
8%
9
*82
8
110
8%
7%
10%
9
.
*35%
35
110
11()„
>
82%
82 %
10%
10%
*8%
35
1
7%
7%
9
■
110
110
110%
110
83%
11
\'..i
*16214
*162 Vi
*82
83%
8%
10%
108%
109
*108%
10.9%
*162%
8%
8%
8%
104 %
*104
104 V a
*108
37
37
37
.
*104
,
108%
a
82%
85
11%
9
37
a
*162%
85
*8%
37 V
104%.
f
'10% Jan
RR See ctfs series A—;—!
—1000
Indianapolis Power & Lt—-No par
Industrial Rayon.
-No par
$4.50 preferred A
No pa*
■1,200
19%
1081
108%
108
14 Va
19 %
6%
•
,24.: Fe£) 25
20
.-1U0
—100
ventral RR CO_.
preferred series A
Leased lines 4%
——:
iaiuuia
1,400
14%
37
*162%
*162%
lwi,iod
19%
104%
104%
*104%
30.
14%
.
38%
37
38%
105
29%
19%
14%
19
19%
*38 %
64%
66
"
66%
*14%
*104%
*38%
40
*65
.
'
lOitt
40%
X29%
16
30%
16%
,
106
Jan
3
6
6
Jan
144%
Jan
8% July
82
25
28'
115
Mar
3
Mar
Nov
.10% July 10
181
Sep
5
175 Va
Jan
Jan;
56%
Aug 21
162
July 11
9% Apr
177
Sep
74% Jun
177
July
'
3%
17%
5%
5%
30%
.
135%
19%
19%
88%
10%
19%
88%
87
88%
86%
87%
10%
10
10 Va
9%
9 %
46
42%
*42%
*85
139%
'
46
42%
42%
42V4
42%
4,200
87%
87%
85 Vi
85 %
85
85%
700
135%
*120
139%
85%>
*120
139 %
*120
139 %
*120
17%
16%
17 Vt
*16%
17%
17
17%
17
17%
17%
17%
17%
17%
17 %
17%
17%
17%
17
17%
19%
17%
18 Va
17%
17 Va
18
17%
18
17%
*17%
39%
*142
*142
:
.
39%
3,900
17%
100
:
17%
900
39%
39%
;*142%
142
142
*142
17%
39%
2,800
17%'
17%
18
*17 V4
39%
39 Va
29%
39%
18
*17%
18
*17 %
18
39Va
39 %
39%
*142
18
54,700
Dec
July
Jarvls (W B)
112%
*130%
112%
*110Vi
98%
97%
_
98
97Vi
32 Vi
108 Vi
82
82
82
16-%
16 To
16 Vi
20
47%
17%
17 %
24%
24 V a
*30%
17V
38%
23 Vi
23 Vi
*36%
37%
■'
Vi
.
i'i
6
771%
73
'
;
5%
*5%
25%
25%
25 7 »
26%
30
35%
35 V a
36%
36%
36%
30%
30%
37
*9%
9%
%
s
.7%
*
''
17
CJO
*80%
37
2 8%
28%
28%!
29
127
5
5
1%
1%
l7a
*124
36 V 4
35V4
20%
50
51%
48
52 Vi
52%
51%
20 V
a
V,
35'i
20%
20'a
52
517i
7%
7%
7r!»
7%
7%
47%
47V,
47:! 4
47%
79
80
79
79
80%
35 Vi
49
81
81 %
80%-
Vi.
7%
*47
79
80 V 4
180
*180
30
180
v
49 7 a
47%
181
1%
oc-a
27%
8lVt
400
500
36%
37
37
37
3,500
287i
*124
180"
.
9%,
36
*41 '/a
20%
82
2,500
26%
12Vi
5
■
9%
36
42 Vi
127
36
25%
36
29%
11%
4%
2
9%
*35%
11%
29
*29
9%
28%
*125
4%
28%
128
47i
12
*28'/i
125
*4%.
; 0.%
700
287i
300
26,500
42
12Vi
1,200
29
125
-20
5
2,000
1%
*1%
l7i
1%
1%
""1/,
25%
27Va
26%
26Vi
2,600
5,600
35
35%
2,800
35%
2014
351/4.35%
*20Vi
49'%
48
52
51%
7Va
48:%
79
7%
20%
20Vi
20%
1,300
49%
48%
49%
4,200
51%
51%
51%
3,200
7%
9,600
7%
7%
*47
49
45
45
300
79
79
771/4
77'4
800
80%
80
80%
79
79Vi
181-%
*180
181%
*180
181%
,
1,700
140
J Ml %!
181%
2,91
29%
29%
29'
30
600
•17
47
44%
47"
44%
45%
45%
46%
44%
45Vi
44Vi
45
3,600
39' i
39%.
39 V
39 Vi
39 V
39%
39
39
39
39
39Vi
39%
1,200
For
footnotes
4
4
see
'■>
page
*29
1879.
Jun
„
30
*29%
30
30
—:
■■Rights
Corp
prior preferred
Kresge
(S S)
Kr.esge Dept
Kress (S H)
Co.
'Stores-.
& Co—
Kroger Grocery &
Aug
79
27% July 10
73
Oct 11
19 Vi
Jan
26%
54
Nov
65
4
87
July 10
64%
Dec
14
13
8Y*
Au^ 18
*12%
Feb
121
27
Jan
4
Jan
25
111
95
17% Oct
21%
124
25
Bak.
1
—No par
10
——I
No par
~No pat
Nova*
'X26
24% Jun
29
19% Jun 29
May 8
115
9
35% Oct 18
19% Jan
7'
23 Vi Oct
31
Vi Mar
4
14
Oct
3
1% Oct
Dec
Dec
11'%
Jan
17
Jan
24% May
87/a
102
15%
26% Oct
6% Jan
25
10% Oct
7
27% Jan
4
36% Sep
1
24
24%
9%
37
9% Jun 3
62 Jan 14
21
Apr 26
Jan
7
4ViJan
3
113
iViJan 29
15% Feb 4
29% Jan 4
..
lSViJan 5
36% Feb 14
42' Jan 3
6% Apr 24
33,
68%
67Vi
174%
• 26%
' 36
37
Jan
8
34
July
Aug 31
17
34% Jan
58% July
18%
Jan
2%
Jan
24'% Sep
10% Apr
23 Vi
Jan
32«/4
Feb
32% Nov
Jan
16% May
Oct
Jan 17
May 31
30 July 12
293i Oct 19
44% Jun 26
127/b Oct 5
31
~6%
T% Jan
13
104
3
Apr
20% July
7
^•7% July
4
Apr 24
Apr
35%
Jan
;
73
Jan
Sep
21
42
11
38
8
113
Jan
25
Sep
•
16% May
Jan
iJan
28
17% Jan 19
17
28% /Jan
Feb
Apr 17
Apr
29% Apr
:
14%
54% Jan
.26
Aug
10%
Jar)
17
31% Jan
127
7%
27
'
19% Sep
Jan
19
Aug
Apr
Apr
.82
Apr
112% Jun
Jan
»
Feb
22
Jan3
5%
% Oct
3
.
—
20
Alig 31
17% Oct
29% Jun
.;
—No par
Laclede Gas Lt Co——.——100
; :5% preferred
—100
Lambert Co (The)
No par
Lane Bryant
---No par
Lee Rubber & Tire—
3
Lehigh Coal & Navigation Co
10
Lehigh Portland Cement25
< 4%
conv preferred—
100
Lehigh Valley RR
50
Lehigh Valley Coal
.—No par
6% conv preferred
——50
Lehman Corp (The)
1
Lehn & Fink Prod Corp
5
Lerner Stores Corp—7
No par
Libbey Owens Ford Glass—No par
Libby McNeill & Libby
7
Life Savers Corp8
Liggett & Myers Tobacco
—25
Series B
25
Preferred
100
Lily Tulip Cup Corp
.—No par
Lima Locomotive Wks—
Nq par
Link BpR Co-
7
5
—.—
—
Kinney (G R) Co—
$5
78
July
109% Aug
92 Vi Sep
3
13% Jan 26
May 18
—I
No par
34
25
May 25
17
1
Keystone Steel & Wire Co—NO par1
Kimberly-Clark
34% Sep
108% Oct
20
& Co-i——
——
16% July
Feb
19
19
B—
Jan
101
13'A Feb
cl A
9%
26
15
,1.
Kennecott Copper—
300
421/8
4
5
1%
25%
9%
4,600
6%
73
29Vi
'J
9%
127
26
25%
6%
71
12%
11 3
9%
5
■>
el
72 Vi
43
51%
20 V
10
36%
6%
72
29
1
Va
53
5 i
26
*124
36
*20%
6%
72%
1,800
28 Vi
11'.4
28%
145%
Jan
39% Mar 11
Dept Stores——
(Julius)
Class
16,100
%
28%'
4^
I'm
36
%
1.000
11%
27'
23%
*35%.
2.9
43
j
*23%
36Va
%
*28 Vi
29
1 Vi
23%
'
11!
28%
11%
5i»
800
28%
43
28%
21,700
98%
29
.127
34Vi
9°%
12
27'
J
36r!«
34%
35
put.,
44
•5
Jan
135
Jan
120
Kendall Co $6 pt pfd A——-No por
115
36'/a
37
*9%
17%
23V4
23%
.
23%
•>« 1
29
2«)11
34
,
*112
11.5
250
300
13
121
Apr
70
4
800
17%
•
86
11 %
'
32%
16
19% Jan
17%
23%.
17%
95^
2!)
s
Jun
Jan
Oct
preferred-——100.
23V2
23 Va
*112
85'A
29%
Sep
18
27%
99'/a Mar
14% Mar 28
Kelsey Hayes Wh'l conv
q%
29 V
.
18%
Jan
27:
3
Kayser
86%
87
a
16% May
9Vt Jan
10 Va
Oct
24
400
86
29'
80
<29%
non-cum
16.
38% Aug 28
Oct
400
88
IOJ'4
4%
I8V4 Jun
6% Jan
171i
87
-
9
Jan
6%
16% May
112
-16% Apr
Stove & Furn——10
City P & L nf ser B—No par
City Southern——No par
Kansas
24%
87
9%,
86 Vi.
Kan
*24
35
,*35Vi:
.
Kalamazoo
Kaufmann
*27%'
87
143 Vi Oct
Jan:
6%
66% Jan
•10% Jan
pref series A
100
pref series B conv—-100
Mfg Co
1
5%
Joy
600
86',4
9%
9%
July 27
102'/a
Apr
38% July
20% Jan
58
h%
*17%
'
3
107% Sep 29
90
May 8
RR stamped—100
Laughlin SteeL;——No par
Jones &
100
■
27
preferred ser A_'—-100
Chicago
&
17%
17%
26
,
35%
2,400
2nd
24%
237i
6
9%
9
*9%
35%
,
"l6
31 %-
*30
20
13 V4 Jan
,
31% Oct
4%
*24
,1 ■'
ll!
72
36%
10
17
Manville Corp
*17 Vi
115
*72
72
*35%.
*9%
138% Jan
445
84% Feb
preferred
Vi %
24%
361.1
57u
5%
:
72 Va
26
.
:■
'
"
*72
800
20
Co
17 Vi
:
23 Vi
,
'3,400
•
*9%
10 Vi
34%
371.4 ;
.1
'! :i
.
6
—No par
Johnson. & Johnson—12Vi
4
Johns
>■ '600
■
16%.
*120
31%
'
*5%
'25%
1
%
1%
*19%
20
120
120
9 Vi
17%,
23%
37
'
,1%
2
*30 V2
*112
35 Vi
23%
40 Va
40
Jan
—1-00
,200
83
16%
9,000
73Vi
*81%
9:%
*23 Vi
.
17%
34%
*72%
16%
31%
17%
1.15
23 %
*22%
23%
17%
*112
35%
35
35%!
23%
.
115
29
'
21
520
"24%
82%
*19%
121V
*24
24%
*24
18 Vi
t
*112
115
35 %
24
*23%
24
*23%
*18
*112
1,300
73
9%
.
173 4.
17%
24%
19% July 17
22
Joliet
24
24 Vi
*30 3 4
10%
31%
1.7%
24%
•
32
108%:
15%
'
20
*19%.
*120
9%
30 V a
•
120
120
.
9%
30 Vi
32
20%:
20
20 Vi
121 Vi
108%
81%
16%
*120
*30%
2,100
73
82
17V3
9%.
97%
*99
24
Vo
74
*72 Vi
73%
*72%
24
23%
82%
JO %
*31%
*99
16%
21%
*9%
32
108%
108 Vi
*99
■
_
*81 Vi
121%
*20 Vi
*120
97%
98 7a
79
32%
108 Vi
a.
24
23%
73
4
Apr
•
108 V
107%
*99
73
20 Vi
Jan
107% Jan
•
100
112
112
112
*110Vi
98
.
32V,
*31%
112
*110Vi
112
'
16%
3
July 10
Apr 19
15
——1
No par
Jewel Tea Co Inc
83
20'4 Aug
12
2
15
1
preferred
(6
11% Jan
Oct 19
19% Aug
44
.
1,700
73%
Jun
71% July
60
3,200
83
Dec
.11%
Jan
115
17%
721
%
3% Jan
37%
Jan
135
; Feb
3
11% Jan 12
117
preferred——,—100
7%
Intern'l Telep & Teleg
No pat
Foreign share ctfs———No par
Interstate Dept Stores—
,No par
Intertype Corp
—
N.o par
Island Creek Coal-,——
—1
34%
*16^
20
Jan
17 Vi
*
Jun
Jan
34 Vi
24%
21
92
July
17Vt
7
12 Va Jun
4
July
14% Dec
469%
36
34%
24
3
Jan.
28
17 Vi
25
7% Feb
68% Jan
45%
39
34%
25
19
3
17%
,
88% Oct
5
34%
*99
11
36% Apr
138
Jan
Aug 28
17Vi
*99
Dec
Sep
34 Vi
99%
Nov
8%
88% Oct
17%
32
25
129
20% Aug 30
43
34%....
308%.
5
20
7
47
17%
98 Va
Oct
413 % Feb
f 66
Feb
3
34'Ta
31%
32 '4 July
136
3
13
17%
108%
3
19
Jan
13
35%
32%
4V4 Jan
25% Apr
130
39% Jan
17 Vi
108 %
July
6% May
56% Jan
34 Vi
100
Mar
67
Jan
13
35% Jan
17%
32'
V'.'i
19
Jan
3%
3
Jan
No par
35 %
3 08'
%
11% Jan
55 Va
Jan
—,—50
17 %
*98 Va
18% Jun 30
78
July20
6 Va Jun 28
15 Ve
4% May
Jan
—No par
Salt-
35 %
*110 %
Va
Silver-,-
International
100
-
3% Aug 23
International Shoe—,
—_
■
17%
16%
International -Paper Co
—15
5 7o conv preferred
,_100
Inter Rys of Cent Am
-—No par
5% preferred-,
—
—100
International
46
*44%
46
42%
17%
*17
360
85%
85
85
*44%
17%
*19
800
*42%
85 Va
139%
*120
2,800
*9% V; 10
42%,
42%
90
*85%
90
Va
V2
V- 83
% 88 Va
88
9%
*44%
<84
84
9%
15,100
4
65
——100
Preferred——4-
300
19 Va
19
88 %
88
;
10
1
42 V a
42%
88 "4
1,200
16,100
30%
135
46
*44%
46
*44%
19%
:*9%
84
84
85%
84
85%
29 %
;134%
88
19%
*44%
30%
135%
19 Va
19%
*84
30'/a
135 %
19 Va
International Min & Chem——5
4'/c preferred
—100
International Mining Corp—
1
Int Nickel of Canada™
No par
5
30%
1351'a
19
Int Hydro-Elec Sys class A
1,900
.300
77%
5
5
5
30%
19 %
•
*77V4
—25
5,100
17
17
.
135%
134
134
77%
5
*4%
•
30 %
29 Va
30%
135%
16%
77%
3%
3'%
3%
16 %
Va
77
*77%
4%
4%
5
30%
135%
135%
*125
17
77%
3%
16%
16%.:
17
77%
•'
5
30%
3%
3%
3%
17%
78
17%
*77%
78
3%
3%
3%
3%
17%
*77'%
1% Jan
July 5
125% July 6
7% Mar 21
2V« Jun 30
28% July 19
36% Occ 19
217i Jun 21
52 Oct 19
537b Aug 21
8% July 20
48% Jun 27
83% Jun 27
Jan 3
Jan 13
Jan 8
Feb 3
86% Jun 26
181% Jun 27
31% July 10
Apr 25
Jan 6
427,a Jun 27
47% Oct 13
.
July
Sep
35
Jan
73
Oct
17%
Jan
29%
Jun
11%
Jan
19%
Jun
26%
Jan
39Va
Oct
Dec
9
Dec
Jan
29
July
107%
Jan
120
2%
Jan
8
July
Vi May
U
Jan
2%
•11%
8
V4
20
Jan
20%
24
Jan
32
14%
Jun
Jun
July
Jan
22Va
Jun
23%
Jan
38%
Dec
31
Jan
43%
5
Jan
30
Jan
62
Dec
62'A Nov
Dec
8% -Jun
41
71
73%
July
July
Jun
Dec
182Vi Aug
22%
Jan
28% May
24
Jan
44
May
34Vi Jan
43
July
171
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4329
160
RECORD
NEW YORK STOCK
Monday
Tuesday
Oct. 2-1
Oct. 21
X
per snare
20
85
48%
18%
■
18%
18%
1874
1874
26%
27%
267a
2674
20%
20%
20 74
2074
64 14
04%
6374
64
64
481k
49
49
49
48
-
18%
18%
26%
26%
20%
21
No
Liquid Carbonic Corp—
Loew's
..No
Lone Star Cement Corp.
..No
par
-No
par
64 %
48
4874
1174
11%
11%
5,900
i
„
Inc—;—
—
12
12
11%
12 Vb
1114
11%
1174
1174
11%
36.74
37
367b
37%
36',4
37
37
37 %
37%
3774
37%
37%
2,500
Long Bell Lumber A
Loose-Wiles Biscuit—
1!)
,1.9
19%
1814
19%
18
19%
1874.
1874
19
19
6,000
Loriilard
188
183
161%
101 %
161%
181%
*160
23',,
23 %
■
19
7b
161%
162 :
*161%
161%
*23%
*23 %
23%
887a
89
*89%
8974
89
*29
2974
*29%
*29%
2974
29%
■
8974
2974
89%
Co-
(P)
Jan
64% July
Jan
5174
3
8% Jan
127b Oct. 19
6%
Nov
11% May
3774 Oct
26
18 %
Jail
31
Oct
201'a July 13
16%
Oct
21%
Jun
28
Jan
3
177b Apr
29
Jan
—No par
203« Jan
12
Louisville & Nashville—..
.100
6'974 Jan
3
MacAndrews
preferred-.
7%
;151
163
5
LoUisvlile Gas & El A—.
200
4
—MAO
—-
21% July
Jun
2114
42%
800
110
23
8874
Jan
37%
10
—
Jan
15%
$ per share
July 11
22% Sep 30
6834 July 10
52% July 10
700
163
22%
8874
23%
2314
% 89 7u
23%
89%
23
•89
23%
;
12%
29
25
—
Highest
$ per share
22% May 17
7
58
May 1
.40% Feb 24
par
1,500
64
.
14% Jun
1
2,200
64
$ per share
share
Sep 14
19-14 Jan 13
par
Lockheed Aircraft Corp—
Lowest
Highest
18
„„No par
Co
Lion Oil Refining
1,900
16,500
r
$ per
Par
48%
%:
Lowest
EXCHANGE
Shares
400
18 34
2074
26%
20%
2674
*1812
27%
48-14
*27
'21%
Year 1943
Range since January 1
YORK STOCK
NEW
the Week
5 per si i are
per snare
65%
.'27%
21%
85
$
snare
per
18 %
185.ii
27%
'18%
*
per snare
Oct. 27
Oct; 26
21%
*18%
(if)
x
sr*ire
per
Range for Ficvioua
STOCKS
Oct. 25
Sales for
Friday
Thursday
Wednesday
Oct. 28
Saturday
$
HIGH
AND
LOW
PRICES
SALE
12% Nov
148%
Jan
2574 Mar
Jan
163% July
Sep.
6
247a Oct
4
1574
Jan
2214 July
90% Mar 17
59%
Jan
79
July
29
May
M
*29
30
*140
*140
44
~r
44
44
*140
-v
!!
■
3014
297 4
30%
29%
107%. 107%
*106 44
107%
*10(5%
107
*10%
39%
1614
16%
450
*850
8
*24
'
3%
25
714
17%
1.8
27
8%
874
874
8%
5,200
Manati
Sugar
1374
1374
13%
13%
200
Mandel
374
37a
1814
19%
10%
11
10%,
11%
42%
4i%
42
41%
2774
27:)4
22-%
*61
62
62
6214
"
9%
•9 %
40 7 b
9%
974
*3874
4074
9%
*38 14
61
62%
62
62%-
62 %"
62%'
110
*28
31%
17%
13%
1374
27%
104
13%.
107%
104
104
104
18:%
5374
53
28
2774
18%
18'4
11%
1214
T8'4
99%
:i)l%
93
36 %
•
110
*167%
14
14
52
35%
3574
14
13%
*13
*5074
35
Jan
Jan
3
20% Oct
2
1474
3514
3414
34%
par
—1
May
7%
7%
7%
714
25%.
25%
2574
25%
25%
25
2574
37%
734
35 /
36
35%
35%
3574
3574
7% •;
:>(>%
143
142% 143
143
144
*51
143
53
144
143
7%
54%
:
*51
53
4274
"42 74
42%
42%
42
.
111
113
*111.
113
McCall Corp.———.
5%
McLellan
5 %
30
108
103
108
108
$6
200
Mengel
3.000.
5%
814
874
4
106
120
4174
41%
24
20
■
..
*116%
*11614
37
36%
*36%
*22 7 a
2374
85%
85%
119
*116%
119
*116%
52
*38%
40
*38
27%
26%
1
22
'"
10
27
27
21%
99%
20%
10
'V
1
32
9%
22
82
21%
21%
82
*21%
99
:
3174
32
•
9914
,
.
82%
82%
113
*112%
*11214
13%
113
"
127a
1314
13
54 %
3374
*52
*52
54
*81%
1274
13
1274
*51%
54
*51%
13%.
3t340
82
„
■
42
Sep
July
32% Mar
26
Jan
34%
Apr
974
Apr
Aug 10
36
Oct
16
Apr
25
—
Petroleum—.I——10
Steel Products— -No par
cum
preferred
1st
100
...
B
vtc—:
.
113
1274
2814 July 10
1814
Jan
30%
13
39
Aug 23
2014
Jan
3174
106%
Jan
128
110
36 % Apr
111
Oct
23
107
Feb
112
Mar 17
107
Nov
Sep
28
9% Oct
5
Essex..
Brass
July
25
July
3
%
Jan
3% Mar
16% July
8
3%
Jan
3
39% Jun
26
17%
Jan
1114 Apr
3074 No7
17
4% July
5
25
117
Jan
24
113
Dec
119
Mar
114% May 17
.
119% Sep
7
116%
Dec
121
Apr
106%
Nov
114% Aug
50
July
39% Oct
Oct
8874 Oct
113
1
*14
••'
1614
*35%
'
■
-
5
4114 Apr
3514 Jan
26
Aug 29
53% Oct
6
11
42
21% Jan
15 % Jan
11
30
July 15
2474 Jun 27
13
3
914
Jan
17
Jun
16% Jan
7
23
July 10
1114
Jan
1814
Apr
33% Jun 28
21%
par
26% Apr 19
i
pat
4
Aug 12
70
.Nonpar
Oct
10% Oct
.4
Jan
20
,
4% Jan
72
<;
MuiTphy; Co (G C)_—
.....100
.474 % preferred
———
May 24
100
Oct
116% Feb'
3
5314 Oct
31
Mar
7
Jun
77
Jun
Jan
23%
Jun
Apr
July
79%
1074
1214'
3474
17,200
33
31%,
31%
340
18%
19%
2,900
National
10'4
1014
1,700
3,500
Inc—-a——li. 7 9
Jan
8
! 6% cbnv preferred
.--..10
.
1014 Jan/31
National Aviation CorpL
u-.—5
f
914 Jan
4
8,600
National Biscuit Co—
34
18%
18%
18%
1814
18%
IOV2
10%
10%
10%
1174
.12
-
*11%
12
1174'
1174
13%'
1314 "
13%
13%
1314
13 74
24%
23%
2374
12%
14r%
13%
141«
1474
32
13%
14
.
;
-■
2414
24)4
176
"1
:
24
2374
*1914
13%
13 34
33
3.1%
-1374
13%
13%
33%
33%
33%
:
-
1114
1114
1314
19
.12
32%
33
32% i 32 %
3,700
Nat Cash Register-.
11%
1114
U%-
11%
5,700
National Container
3,100
National Cylinder Gas Co*_
13%
12
*1114
35%
3474
36
1314
13%
13
3514
34%
3514
*3474
.100
100%
'.'100
1-0014
24%
13%
13 74
*150
■'
152%
18%
176%
10114
18%
*17%
18%
1814
24'
211b
33%
21'4
20%
3314
21
1
21
33
'•21
-
*149%
*17-74
7%
2014
1434
1414
25%
■
'
86%
86%
91%
:
*1074
91
10
10%
30
30%
1.374
1314
1374
25%
25%
2574
1,600
87.
86
87:
8614
87%
590
■
66
32
*106%
For
*6574
•
16-%
110
66
108
*107%
31%
31%
17%
18%
*29%
*105%
66
*10714
32
*18
16%
"
30 3 4
'
17 3 4
*31
'1714
90%
10
10%
91B
-
90%
91
*90%
106
1014
*9014
10
10 %>
10%
10%
157u
15%
157'4
15%
30%
"2934
30%
30%
106
66
108
*105'4
.
* 66
*107%
30%
106.
6714
108
30 % '
10514
*66
68
108
108
National Tea Co*—
15%
3,200
Nehi Corp
3074
1,000
Nelsner Bros Inc
90
108 %
70
—4
—i—_25 -:
National Supply (The) Pa——-*10:
$2 conv preferred.
--.4b
6%% piior conv preferred—__10
67a prior preferred—-———100
Natomas Cq__
100
No par
——No par
—.——No pai
—No pat ■
,1—1
474% conv^serial preferred—100
Newberry Co (J J)
No par
5% preferred series A*
-—100
Newmont Mining Corp
——10
4
*
31%
3014
30%
30%
3074
900
17 34
17%
1674
17%
17%
17%
2,200
Newport Industries
16%
161a
16%
4,400
Newport News Ship & Dry Dock
16%
*106%
10714
*106%
107%
*106%
107%
1-07 %
108
108
108
400
$5 conv preferred
:
1
I
No per
% Nov
.
,
Feb
1%
Feb
15%
Jun
4014
13
5%
8% Feb
:
Apr
1974 Apr
Dec
;
/.
814
Jan
11% July
12% July
1374 July :
1574
Jan
23
July
Jan
176
Sep
Jan
"
*.
7% Oct 18
Feb
5 1
70
July 20
Feb- 4
1714 July 10
Sep 16
3014 Mar 16
79% Feb 4
8914 Aug 18
8374 Jan
6
93% July 7
5 74 Jan
3
10% Oct 13
9
Mar 4
11% July 12
i37/a Jan
3
18li July 11
22
Jan
4
31
July 5
96% Jan 12
105% Oct 26
56
Jan ,4
66
Jun 23
10714 July 13
110
Jan 22
27 % Apr
4
3314 Oct
6
1614 Apr 24
22
July 10
13
Jun
8 "
1674 Oct 18
97
Jan
5
108
Oct 26
514
5774
1174
25
Feb
Jan
614
.
162
-•
1674 Nov
5%
10%
Sep
Dec
1874
Jan'
29%
Nov
9%
Jan
13% Aug
1474 May
14%
Jan
2174 July
6%
Jan
9% Mar.
,
X25%
;
,
21% Jun
Jan
1074
Jan
17% Jan"
1514
Sep
12
Dec
36
Dec
29%
Sep
Jan
11%
Jun
70% Jan
9074
Nov
6
20%
14
Jan
Dec
:
160
Jan
178% July
;
137
Jan
150
Jun
1474
Jan
22
May
27
,
National Steel Corp*
3,900
67%
3
44
Jan
23% Jan.
37% July 20
1974 Aug 1
13% July 10
.
,_N.a par'
31
16%
*108
Nat Mall & St'l Cast Co
National Oil Products Co*
National Power & L%
17'%>
16%
1879.
.
Corp.—__vl;
National Linen Service
6,700
105% 105 %
*66'
preferred B—
3114
16%
page
195%
6%
60
10%
10%
10%
15%
!
10
i„_'100!
l——-H30
preferred A—:
10
10
-No-pari
*
7#
"91
*90%
1014
16%
see
10%
15%
163b
footnotes
9).
'
~
16 Va
-
8,300
13%
25%
■'
10%
•*105%
"•'■•"
14
15%
30
1
86 In
10%
*105%. 106
2,900
0574
6574
65%
3,500
25%
16%
108
13,300
86%
16
*65 )b
200
6%
1334
1014
*107%
20 3 4
33%
25%
16%
'
600
2574
1014
10%
*16
91
'4
65%.
30
13 34 ■14%
86%
8614
10
*90
8614
.
10
;
National Lead Co—
130
2514
1414
,25%.
•
6434
65 3 4
6514
66
65%
25 %
67h
65%
,,
360
4,80.0
6%
674
preferred;
National Gypsum Co—— —v—***1
44.50'conv preferred——No
2014
3214
,6%
Nat Enam & Stamning-
*32%
21
3214
614
'
'
14%
6:,4
7 ■'
674
714
674
66 34
*25%
I
33%
'
7%
06%
33
.
—1
No par;
1,500
18
*17%
18 -
Products*
8,200
152%..
v
1.
Nat Distillers Products.^——No par
21,300
;..
*149 74'152 %
21
,
*3234
-
*3214
.
24
177%
"
21%
*32%
101
2374
*175%
175%
1714
17%
18%
101
17544
•
152%-
'
:
3574
1314 1 1374..
—No par
—
National Dept Stores———No par
1,700
35%
'23%.' 24.1b
17714
*149%
*14914 152%
150
149%
24
12
Nat Dairy
13,400
v
*34 >4
101%
100%
100 3 4'
*17514
*175% 177%
*17%
13%
24%
24%
•
25
24 '4
1'75%
18
3434
2514
13)4
'■
23%
*1174
12
*34%
13)4
176 %
187"
3474
36
35
1374
100
*1174
1
2274
'
35%
34 3 4 :. 35
3414
34%
24-%
-
11%
1374" "1374
13%".
237 4
13
;
3614
100
1374
23
"
-18%
*18'4
12-
:
13%
24
•
23 3 4
•
'
17614
National Can Corp*—
3314
18%
18
,
—*100
-No pari
—10
3314
*13-74
36
—*-10
L.
Corp
1114
"34%
.
-
& Share
1114
13%
■
preferred.
3374
24 %
*11%
1%
Nat Bond
20%
2,800
1314
-
400
178%
1314
24
12
•'23%.
,
1314
13%
*1114
-
-
*19%
13%
2474
19
20%
«
-5
1374 July 12
1.4% Oct 1.8
'
20% May 18
: 2414 Oct 20
165
Mar .1
178
Oct 26
18
Feb 17
2074 Jun 19
% 8% Jan
3
17% Apr 18
26
Apr. 18
3374 Aug 31'
xiO
Sep 14 ■
2314 Aug 21
xll% Feb 11
1414 Oct 14
19% Jan
3
2 5 74 Oct 19
/1314 Jan 29
20
Aug 3
1114 Jan 5
12
Mar 15
3014 Fefr 3
3774 May 24
26
Jan 25 •./ 36
Oct 24
9
Feb; 5
1414 July 5
.87% JJan 11
10114 Oct 26
19
Jan
7 /
2514 Jun 27
"164
Feb 25 s 17914 Aug 21
141
Jan 183
15214 Sep 1S
xl6% Sep. 14 :
22% July 171714 Apr 19 «
23
Jun .27'
28% Apr
5
34
Jun 28
—
13
13 34
18%
19
*1114
11%
11%
.
25
*19%
23%
*174
178
177
Co.
1374
2414
13%
-
,
20%
•
•
Acme
Jan
—13% Jan
28
Nat Automotive Fibres
700
,
Chatt & St,
Nashville
1.374'
'
247b
r-
178
*19%
20%
13%
■:
*176
178
20%
*19%
"33%
'
:.
%76
176
176
20%
23 3 4
24%
23%
.
176
*19%
1114 Apr 24
1514
Sep
Aug
1174 July
117
5% Jan
3414
6
% Jan 10
17% July 5:
Mar 30
:
j.—-5Lduis-i—100.
Corp—
15%
10%
12%
*1214
.
No par
Liquidating Co—
15%
'
12%
Nabco
Nash-Kelvinator
15%
*.
111
1414 Aug 24
5
Jun
Jan
2.%
62
24"
874 Jan
2714
15:
24% July 3
82% Oct 23
.
Jan
Jan
Jan'
.
17
26
Jan
Jan
53
11.
43% Jan
1
& Bro—4—— -No-, par
33%
31%
3
Oct
111
Miurray Corp of America— .—.^.10'.-
.
Jun
,107% Jan
31
.
35%
34%
18 7 4
10%
800
*8
7«
1574
10%
3514
10%
19
*10%
7
4
°/a
15%
3814
.34.
.18%
'3514
*18%
i5Vb
:
16%
1514 "
74
.15%
%
1,V
u-
10
92%
par
"A•
'
Dec"
75%
9
par
-No par r
Myers (F E)
98
Jan
7
—
.No
Jun
Jan
13%
3
Jan
1.974 Sep
class B—...
—
814
6474
Jun
74% Apr 25
11174 May 22
par
.No par
5/
Co..—
Jan
3
5
30
23% July 10
111
214 Ja n
29
20
—4.50
'j.
Apr
113% Feb
5
8% Jan
100
...—.10
—
Corp
13
10874 Jun
Mar 13
13
Wheel
26
Oct
107
105
Sep
Jun
July
26
174 Oct
19
.No:
series C_
.No& Co.
-No
(John) & Co.
...
13 % Oct
44
10814 May 22
6% Jan
-.—
16
58% May 29
,,
26
93% Jan
$7 preferred
4,900
14474 Oct
27
—
Munsingwear'Ino..——
100
8% July
46
Apr
4
-12% Oct 26
17% Feb
Mullins Mfg Co
54 ;
*52%
14
10
Mueller
1,400
,
Jan
1% Oct
Motor Products Corp...—
100
.
574
—No par
Corp..
2
5
Moline Power ImpI—.
$6.50 preferred—...—, -No par
Motor
•
414
% Aug 22
39
3
Montgomery Ward
200
.
82%
-
12%'
1274
54
Jan
23]4
52
1
2.100
;
22
*111
-
25
4
Morris-&
1.700
4,600
10
98% ■' 99
82%
1214 July
Jan
5,000-
32
.
*2i%:;
Ill
111'.
'.'11274' 11274
53%
''5112
'
10
22
Jan
27
Copper
Morrell
100
26%
-
*31%
4
34 74 July
„5
"
82%' f82i4;;
■1
82%
*81%
"11274 113 :
38%
-•>■'
.
974
Feb
4
$4 preferred
•
10.800
21% ; 21%.
21.14, 21%
99%
*21%
21-74
■
974
27
Mar
preferred ser A——, .No par
Preferred series B—j—. No par
150
'
4..
51
,
% 26%
-1
.
21%
99
-
*38
21
17 74
*20-74
22
*21
%": 27
21%
3274
Q%
99%
26
20%
8
37% July
Jail
Monsanto Chemical Co
60
120
-
5014.
40%
Sep
28
8% Jan
$4.50
*10814 110
21 % '
'
-
*117
109
*38
78%
25
....
-*116% 119
51%
Feb
3
25
37
preferred series A—.
Mohawk Carpet Mills.—.—
Monarch Maeh Tool—,— _No
1.200
119 .%■
89
Jan
Jan
1274 Sep
3
..50
1
(The)—
—
1st preferred—..
7%
500
86%
2174
•
20-%
32%
99
100
100
20%
32%
9%
21V4
3214
0%
3614
23%
86
116%
50%
! 3874
21%
3614
2374
116%
.
7 27
26%,
21
,
10 •.,<
99
387 4
20%
32%
:
33
,
40
*38
,
1.100
36%
8574
109
,
: 51%
213 4
21
2114
2314
.■.4*3214
110
51
26% ~-27%
-
22
*116%
117
*108%
51
50%
40
'.
*116%
109
109
109
51
119
120
*116%
120
109
52
8574
Jan
60
31% Apr
—1
Mo-Kan-Texas RR-.——... -No par
23%
36%
*23
Apr
6774
6
70
Minn
1.000
86
1014
8
Oct
Jan
Mission
7.500
23%
Jan
Sep
94
Jan
82
par
—
July 20
100
8
par
3,000
i
274
36%
110
19
•12%
85%
8
19 3 4
4
par
Minn-Honeywell Regulator
4% conv pfd series B—......100
100
4%% preferred series C-.
-.100
4% preferred series D...
100
108%
*274
*22%
5174
.
xl9
1174
86
Co
—
.
4,700
8
774
*107
274
37%
*116%
•"
120
*109
540
108
-
1274
23%
*1161'l
119
108
274
23%
8714
24
...
11%
86
24
26%
107% Oct
..10
__—3
113
274
'
Sep
Sep 41
16% Aug
8
103
,100
...
Oct
Aug 11
Min Trans Co—— ..No par
Co
Class
1.800
*109
12%
3G34
3714
"36%
1174
Minneapolis & St Louis Ry...No par
Minn St P & SS M A vtc..—No par
1.100
20%
Jan
Machine Co..
8%
23q
.143
174
1974
6%
4
274
1274
14
116% Jan
12%
3
12%
1374 Oct
27% Jan
174
8 %
Jun
9
23% Sep
1%
108 %
2574
Feb
Midland
1.000
8
20
Jan
10
Mid-Continent
3.000
*107
108
20
1974
3
3
1274
12%
13
108
108
19%
20
3
3
•
8 %
!4
8
8 la
8
*165' -4
108%
1974
2014
3
1.8
874
814
*105
109
Jan
14%
Miami
50%
108
38%
9
2.700
13%
108
*108
6
28
104
3.000
1
*108
5574 July
1
Mar 20
1514 July 11
conv
Oct
Sep
18
.
7%
*111
113%
Apr
47
2174 May
34%
50 %
-
Jan
97
Mesta
11274
-4
—
Shoe Corp..——
Merch &
900
42%
Jan
11%
104
par
preferred series A—,—
Melville
3.500
113
preferred
$5:50 pfd ser B w w
500
35
351a
;
13
.—1
Co——,,
Stores
Mead Corp...
1,400
25 %
41%*
28
16% May
50 74 Apr
No
—_———.
McQuay-Norris Mfg.
900
3.500
51
preferred
$4
800
.
35
>111
16
Jun
21
—18
25
*109
113
*111
113
29% Oct
112% Apr
13
23
—5
51%»'. 51%
*109
*111
111
Sep
22% Aug
1774 Sep
McKesson & Robbins Inc.—
1274
143
Oct
110
Jan
Mclnty re Porcupine Mines...
37
*714
36
Jan
1274
29
35
143
Jan
Feb
100
Jan
1174
34
,
Elec Co.—.
16
10974 Feb
.100
Sep
7% May
Jan
Jan
1274
7%
preferred w w—,
conv
5
Aug
60
Jan
21%
July 10
11014 Aug 29
7
1974 Jan
1—1
McCrory Stores Corp,*——.
44
32% Mar 10
106% Mar
*
176
Jan.
2%
11% July 10
4% Mar
No par
preferred—
37
8%
25 %
143
4274
42%
42%
'
*109
"111
*109
$6 1st cum,
165
62% Oct 24
5274 Feb
..10
Department Stores-
No par
May tag Co.
—
——
'1. $3 preferred.———— No par
1
Aug
July
27% Mar
19% Nov
23% Oct .11
176
Mar
6
17%
*32%
34
174
'•
170
32
Jan
1914 July
50
1274
35
7%
■
par
.100
Jun
43% July
22
20
29
35
53
53
.
.
774
31% May
:
51% May 17
29
Feb
1214 113%
*52
~No
Alkali Wks
preferred
May
Jan
374
Sep 30
3714 Apr
2514 May
1934 May
Jun
Apr
July
24.
14
2474-
-
—...
12
47b Jan
par
No
Corp
Eiec Co
18%
xl7
Dec,
McGraw-Hill Pub Co———4..No par
36
51%
34
r.
—1
Co——
No
60
1274
34%
34
3474
714
(Glenn L)
19%
90
50:,4
Jan
16 % J an
prior pfd
7
*88
•*3274
3%
974
Corp..
6%
Jun
414 July
674 July
3214 Oct
90
51%
*33%
Jan
9
30
13%
51 %
*32%
1%
27
90
35
1214
51
35
Aug 10
Apr
100
36%
Apr
4
27
100
36 %
Sep
1974
1
100
"3674
3(5%
3674
12
Jan
McGraw
*99
90
Jan
1,600
1374
11%
II %
11%
Jan
6%
21
1,300
110
*17
1774
17
11%
90
3814
52
*33
35
25%
•
131»
51%
.
91
1774
100
*99
91.
3674
.11%
100
19
814
3%
16
May 17
.5,000
104
*107%
21a Jan
•
—1
Mar
2,700
53
*13%,
1374
*13%
110
(*1774
11%
11%
*99
93
3674
17%
17%
12
99
99
3714
35
18
,u%
'
*91%
5114
.
177«
;.
•
2474 Oct
Dec
2474 Mar
14%
5
13% July 17
% Jun 27
'
•
9% Sep.
14
24
15%
320
1,800
.277-4.
104
104
104
1374
*13%
*107%
107%
....
24
18% Feb
■
8
200
1814
18%
18
5274
2774
Nov
1814 Oct
GOO
2974
29%
Nov
21
7%
1,700
■■
1974
111
27%
53%
2774
27%
*13";,
13%
110
*107%
*5374
53% :
.
30%
18%
18
17 74
53%
2774
104
*103 7-4
110
J 0714
17' 4
18
30
31
*3074
31%
54
v
2714
104
13%
*
31
29
2874
111
112%
Jan
15
315
3
.
*19%
20
*111
11274
*111.
.2874
*19%
19%.!
19%
19%
1127b
300
67a Apr
*
2874
28%
28%
28%
*111
3114
54
•
27%
101
11274
*1.7%
17%.
54 '%
.
277b
28
19%
1974
31
31%
54%
28
19)4
*131
4074
*39
10
5
5
Mathieson
1,800
1,200
21
27
*110
*110
*110
*110
•'
28
20%
112%
*111
.
*110
29
20'%
.
''
■'
•
;
-
5
Jun' 21
391
Jan
61a Jail
50
974
*9%
9%
4074-
*3874
'
'
61
17
Oct'
1874 July
19
9
10% Feb
•
Masonite
1,800
(
107% Oct
6
13% Apr
Master
500
175
3074 July
12
par
Martin-Parry Corp—.
7,200
2,100
217 4 •'"
2174
Jan
121b Jan
Martin
7,300
27%
*26%
*172
175
*172
51,700
41
Jun
1914
.100
St Ry
•
37%
—5
Midland
Market
.10%
22 Va
2174
22%
179
1074
41
2674
26%
27
22%
-:•
*173
'
39%
39%.
22%
179
82
974
934
10
41
"*22 7b
*173
176
27
•27 %
27%
.
2214
22'4
176
'
1974
...—.
Nov
4414 July 10
Jan
July-
Marshall Field & Co—_—_ .No par
Marine
1,110
18%
1914
11%
10%
42
1774
19%
.
Jun
Jail
315
,.25
Exploration-
8,400
17%
17
41%
19%
'
Maracaibo Oil
48%
1774
■'
Manhattan Shirt—:
700
7%,
774
.
17
17
17
17
774
774
8
77a
77b
17'Ic-
100
374'
*3%
3%
3%
138%
28
387b May 27
14
—1
No
133
1
1474 Jun
Jan
13912 Aug 11
104
■
..50
Co—.
2474
*24
24%J
-24%
25
*24
19%
1114
100
..10
Bros.-
18
43 %l
450
X2674 Aug
20%
2974 July 21
6
21
3414 Jan 27
par
.No per
—
Magma Copper——
Mahoning Coal RR Co.:——
2,500
Apr
Feb
135
Garden—..,Ino par
Madison Square
;
874
19 3 a
42)4
200
19
.16%
No
....
Macy (R H) Co Inc—
414% pfd series' A
1374
IS la
176
1.0
"350
19%
178
:3914
450
17%
10%
27%
2214
16
*350
10,400
107
*18
16
18%
%
11
19
16
20
43%
11%
■43
*13
450
■
*106%
10674
10674
1914
20
:
29%
17%
1874
20
29%
%
8
3%
17%
2974
30
.100
—
Trucks Inc
Mack
1,700
*13%
25
714
8
17%
*350
8 >4
'*3 %
3%
3%
8%
4274
16%
16%
13%
*24
42%
19
*18
450
8la
*13
1314
4374
107% *
*106%
'
16%
*350
8%
*13
1774
8
1714
"
450
814
"25
1(5
43
25 74
Forbes——
&
preferred
6%
30
30
19
*1.8
1614
*350
13%,
*374
19
16%
874
In
"13%
1124%
•
*18
2974;
43%
43%
30
30
*140
*140
43
43
4474
•
it ocy
*140
Nov
36
Jan
274
7
;
Jan
714
Jun
Jan
64% July
514
Jan
1514 May
14%
Jan
28%
57
Jan
80% Jun
62
Jan
88
52
Jun
Jun
714 May
274
Jan
6
Jan
10%
Jan
1914 July
Jan
257/3
7414
Jan
9814 Nov
37
Jan
57%
9
%
16
106% Mar
26%
Jan
1.0%
Jan
12
Dec
9414 Nov
114
3714
Apr
Oct
Sep
Aug
Apr
19% Oct
2174 Mar
102
May
'
RECORD
NEW YORK STOCK
Oct. 24
Oct. 33
Oct. 31
S
* per share
$
per share
46%
40%
4637
18%
18%
18%
28
26%
27%
92%
*27 y4
8 6'A
26%
*26 Va
26%
26 Va
26%
15%
15%
15'A
*14%
15%
*36%
38%
79%
78%
*78»4
79 %
78'A
18%
18 %
18%
40%
40%
19%
19
40
40
210
212
210%
121
*118%
*118%
16%
27
27
47.
*40
15%
16%
15%
*113%
114%
*113%
16%
114
114
26
26
26'A
26%
46%
46%
46 Va
46%
G'A
.6%
*6%
6%
6%
%
51%
*49%
51%
*49%
51%
*49'/a
13%
13%
13%
13%
13
13%
13%
13%
16%
10%
10%
16%
10%
16%
16%
i6%
0%.
*0'A
*'49
6%
*49%
*
51
26
May
6%
Jan
13
Dec
par
-50
% Jun
1
16%
Jan
32%
-
Dec
129
Jan
19
198% Jun
15
63%
Jan
132
Dec
52
Jan
78% Oct
17
28 Va
Jan
54
Dec
Oct
78 % Oct,
23
12%
Nov
26% May
100
183% Jan
116% Jun
.—10
15% Jan
10
19% Aug 21
52
Jan
26
56
51% Jan
27
7% Jun
9
Y
pfd—
non-cum
*
50
—50
Northwestern
2
July
Jan
192% July
122
9%
Jan
20
49 %.
54% Sep
27
48%
11% Oct
23
Oct
38
Jan
Jan
56 V*
Jun
56
Jun
14%
Jan
Nov
8
Nov
18% July
•
Jan
100
105'A Oct
4
Jan,
18% July
xl3%Jan
3
Apr
Jan
31
115% Apr
6
18% May
Jan
107
24
V 116% July
15 Va
Jan
23% July
Aug 18
36
Jan
41% Aug
July
x3.%
Jan
31%
Jan
17% Jan
15
37% Feb
1
47
,4% Jan
3
7
50
40% Jan
12
53
Oct
16
8
16
Jan
27
8%
Jan
11%
Jan
3%
Jan
12% May
a.5o
Dec
Jan
7%
X28% Aug 17
112
101
91% Jan
20
par
Norwich Pharmacal Co—
12,500
18
No par
No
—_;
Norwalk Tire & Rubber.
1,200
Oct
Feb
162%
113
213
122
29
'
A—100
Preferred—
13%
,
23
47% Sep 26
33% Jan
Telegraph.— -.—50
Airlines
Northwest
300
1
19% Mar 11
—100
50%
*13
13%
*13
Jan
3
42
Northern States Pow $5 pfd_ No par
40
6%
49 Va
14%
18% July
22
Co—
Northern Pacific Hy_.
2,500
46%;
*6%
6 %
*6%
51%
,.
26%
*46'/a
46%
3
27
1
North American Aviation—. -A
Northern Central Ry Co..— —50
240
25%
26
% Jan
11% Jan
30% Jan
75
—
preferred series—
5%% preferred series
15,600
114%
113%
114%
*46%
15%'
15%
28'A Mar 14
24
-May
par
No
6%
10
16
25%
47' ;
%
*
74% July
No par
No
Co
North American Co
40,800
106
Jan
—
300
11%
*105
106
27%
20
47
*105
106
114%
114
114%
114%
54%
11
31%
of dep..—
Adjust 4%
100
56
*53%
•
261 s July
97% July 19
SLtpbldg Corp part stk.
5
Noblitt-Sparks Industries™
—-100
&r Western Ry
21,400
*55%
54
*105
18%
18%
18%
11%
15%:
10%
56
10%
11
106
*105
106
*55%
18%"
20
Jan
3
14% Jan
50
51
11%
16
120
11%
54
10%
*105
120
54%
54
11%
'10%
120
Jan
11
Jan
Norfolk
790
*118%
18%
121
Jan
10%
32 Va July 20
1
N
300
209
RR
Harlem
&
Certificates
5.300
.
39%
209
*53%
54%
10%
18
18
*38%
40
56
*53%
105
5 05
50
211
210
Y
27%
4
62
_
Y Lack & West Ry
N
60
78
*55%
*55%
11%
78
*76%
56
*55%
04
30%
*77
18
*38%
,
211%
18%
18%
18%
•
56
55%
55%
T>4
•
40%
212%
*118% 121 ,'
19%
18%
321
*110%
17%
40
*39
40%
N
Vs Aug 22
21% July 20
19% Jan
par
—100
preferred—.
$5 non-cum
<
78
*76%
18
18
18%
18
18%
*77 %
79
210%
212
"211
*77%
78%
79
York Dock
New
44% May
^
50
—100
a
preferred series A_
N Y City Omnibus Corp
Va
77
77
79
38
.No
* per share
$ per share
$,-per share
35% Apr 25
15% Jan
3
.No par
—
Central
6%
400.
162
*153
162
*153
*78
79%
*78
78%
*153
162
*153
162
162
*36%
38%
*36%
38%
*36%
Air Brake
York
N Y Chic & St. Louis Co
1.300
89%
15%
39
New
6.200
26
39
*78%
88
87%
*36%
New York
1.600
86%
16
*14%
*154
;
89%
15%
102
26
Highest
Lowest
Highest
f per share
Par
-
31.700
17%
17%
.26
26
26
15'A
*156
26%
26
90%
26
16%'
*36%
18%
26
88
87%
26
.
46
17%
88%
*15%
26
46
18%
26%
Lowest
EXCHANGE
800
45%
45%
4G!A
26
18%
.26%
Shares
Year 1943
Range since January 1
STOCK
NEW YORK
the Week
$ per share
per share
.18 14
IS
pq
.
S
share
per
*46
46%
46
46%
18%
j
share
per
Oct. 20
for
Sales
Friday
Oct. 27
Thursday
Wednesday
Oct. 25
T'-esday
Range for Previous
STOCKS
SALE PRICES
AND HIGH
LOW
Monday
Saturday
Monday, October 30, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
1876
5
'6
'
•''•■
July
45
Apr
14%
Oct
o
25%
25%
107% '107%
•
100%
107%
106%
106 T
106%
i;l
%
%
r%
10%
9%
10%,
9%
-302% ;102%-'
%
.
103! A
*12%
12%.
22 %
/
23%
44 Va';
'.
*73
*73
75
59%
59
*14%
14%
1-1%
*11%
11%
11
•*42%
44
••*21
14%,
32T1
12 %
21
21%
16%
11
•
142
21%
*73
33%
33%
44 31
44%
43
39%
39%
40
40
75
%'
*41%
y
'J+.
21
21
*16
*44
'
%
40
40
121
158
34%
*14%
5%
5%
5%
5%
5%
.
5'%
5Ta
31%
14
13%
13!'4
*13
*49%
49%
49%
49%
•31',
31
*13%
'
110 Va
31
32
23%
no
<v:
720
21Va
:2i
21
16%
*16
44
40
39%
106%
25%
25%
30%
29
29
*
*106%
110
1%
30 %
30%,
30'/,
22%
Packard Motor
10,300
Pan American
30%
*12%
llOVa
110%
7%
7%
31%
13 Va
1,300
110%
300
3%
2,400
56 Va
110%
17%
800
57 %
107%
108
108 %
19:%
1944
19%,
15
14%
14%
4
*14!
1
*17%
18%
*17%
.•
30'a
29%
*23%.
24%
Park & Tilford
1Tb
*1%
1%
30%
:
30%
30%
2,900
22%
22%
400
18
18 '
17%
19%
19 Tb
19 Va
14 !i,
14%
14
18%
106
.
14%
14%
14%,
62%,
04
01%
63%
61!
14%
15%
14%'
14%
141,
81 %
78
49
49
15
13%
14
62
59%;
62 Va
14%
14%
■
78
*75
47
*76
79
'/a
15
*14%
15
78
50
08%
*14
62
■•
*46
30%
14
*13%
48Tb
47
;
78
%
■
*25%
28
*20
27 %
*25
7%
"7%
7%
~7%
7%
7%
*9%
938
9%
9%
*9 Va
9%
58*4
58%
;
■
57
23%
23%
50%
105%
57%
104%
57
57
57%"
23'A
23 %
22%
.108%
,
50
104%
20
20
20
20%
26
26%
;
23%
*117%,
33%
94%
*106%
-
55% '
55%
103%
55
22%
20
20'A
19%
20
26 V,
25%
25%
26
-
.
220
26%
120%
120%
*118
120%
<
*118
:
94%
33 %
15
33
93%
106%.
*112
44
*13%
43%
44
43
14
43%
13
13
13
*25 %
25%
25%
251'a
*
104%
105%
*104%,
105%
*
1 Oft
135
*105
135
*
03
72%
*9%
*02
14%
,
5%
*0%
*00
69%>
72%
9%
9%
112%
1%
14%
14%
69!
8 '/a
8%
14%
135
5%
44
*12%
13
5Tb
•
,
71%
25%
1.100
135 J
105
14%
■'
*187%
5%
8
.14',
;
—
14Tu
4
5%
5%
*187 !4
5%
53V
8'A
*86
.
...
*3
.
*86
96%
1.100
14%
14%
14 V*
20
*187%
3%
5%
4.400
8 V
8
-
95
*86
600
50
50
47%
49%
46! b
657'a
06
65''a
17%
65%
63%
17 V,
*10%
18%
*12%.
80
*10%
10
173
48
•
*78
48%
'
63%
17 V,
*63
*17%
Vi
12%
12%
12r,b
78
78
1671,
17
17%
17
22%
22,;>
22%
12%
*76%
17
22%
22%
11%
16%
11 %
10!
15%
13%
16%
15 %
s
17
*22%
10V.
10%
.
1534
16%
*15%
*48
15%
16 "4
50
*15%.
49
10%
16%
r,o%
50 '2
57
5714
57
57%
x-57
120%
120''2
120
"15 Tb
57
*120
120
*119
17%
103
49
17%
103 %
.
r
•:
49
56%
119
48
6'7%
,
62%
17%
17%
*173%
17
16%
17
16%
16%
23
*22 V,
23
22%
22%.
10%" '
15%
»
10%
15%
16
*15'A
49
48%
57
119
57%
*118
10%
15%
48!
2
57 %
119
16%
103%
103%
112%
120%
J 20 Va
120 %
'
see
page
1879.
17
15%
*
40
5,300
300
10%
15%
15 %
2.200
13,200
47
56%
118
700
57%
4,000
118
16%
17%
103%
70
103%
12,600
.
16
1,140
5
930
6%
112%
540
7 %
120%
120%
120%
120%
120%
120%
850
8%
32
Jan
19 Va May
1%
Jan
6% May
16%
Nov
51%
20% Oct
14
13
May
60% Mar
Nov
3%
May
29
Dec
Jan
,
100%
Sep
20% July
9% Oct
Jan
Aug 14
1%
Jan
9
62% Aug 14
33 %
Jan
45
18% Aug 18
13%
Jan
17% Mar
io
108%
Jun
31% July 17
25
May 31
23%
Jan
112
Jan:
6
16% Oct
5
1%
6
Jun
113
Feb
67% Oct
3% Mar
Dec
32%
Apr
24%
Sep
,
61% July
7% Sep
*
46
Apr
24
28 Va
Jan
.100
10% Jan
54% Jan
3
17% July 20
5 Va
Jan
59% July
16 Va May
.100
4
88% July 19
34'/a
Feb
58% May
.100
33% Jan
5
59% July 19
19
Jan
41% May
23% Mar
6
28% July
23
Feb
26% May
"e% Jali
10!*« July
105% Oct
7
700
—~3
—10
Sep
6
15
5
105% Oct
6
Jan
12
9%
10
7% Jan
3
40% Apr
26
62% Sep
20% Feb
14
24% July
July 14
5
,.—..100
—,—100
—^100
20
8%
Nov
Jun
29% Mar
Oct
20
37
Jan
Oct
7
68%
Jan
91%
Sep
3
Dec
26% Oct
21
18% Aug
24 Va Oct
22
23% May 13
25%
Sep
119Tb Oct
21
13%
26%
Jun
58
106
117
Apr
26
24% Jan
3
Feb
July 10
37
Oct
20
71
*51%
Jan
Feb
90V,
25
96
Mar 28
110
July 12
104% Nov
113
Apr
11
115
Aug 15
109%
117%
11% Feb
82
106
108
4
■23% Feb
23
105% Oct
24
Feb
14
July
Jan
100
July
Nov
50
14% July 15
3%
Jan
10%
July 11
18%
Jan
26
48% July
28
105% Oct
Jan
102_
5
Jan
27
~7%
Jun
29
3%
Feb
;
I Jan
13
75
Feb
21
34%
Jan
102
.
7% Apr
18
10
July
68% Feb
•
25
85
Oct
11% Jan
164% Jan
4
5
5
24
59
15% May
Mar
Jun
Nov
170
Jan
182
Aug
4
Jan
4%
190
Aug 22
6% July .3
9% July 5
.
6%
Jun
Jan
10 V, May
14
99
Jan
10
59%
Jan
14
3
61% Jan
10
24
Jan
90
July
52% May
56
6% Apr 25
Sep
77%
Feb
168%
3
Sep
9
Jan
Nov
3
45
Jan
168%
Apr
82
•
Jan
Dec
4
Mar
11% Jan
•
8
69
% Jan
6
26
May 16
66% July
5
22% Aug 12
14% Aug
3
Dec
.75
150 Va
■57% May
Jan
Jan
168
1%
Jan
10 3',
Dec
Jan
74 V,
Dec
7%
Aug 23
80
20
-
Mar
.16% Mar
NOV
16% Sep
14
19%
July 11
14%
Jan
21% July
19% Jan
•
15
25
May 29
18
Jan
23%
Apr
4
Jan
13
Jun
19
6%
Jan
13% May
6%
Jan
13
Jun
Jun
.
Julv
*■% Am*
16% Oct
8
11% Apr 25
11% May 17
15% Sep
26
35% Jan
50% Oct
18
24%
Jari
40%
July 19
48%
Jan
58
10
114%
Apr
123
10
11%
Jan
17%
Apr
75%
Jan
96%
Oct
10
52% May 19
59
Mar 25
121
116
Oct
1D3/. ,Tu)v
i?% Jan
3
87% Jan
3
103% Oct
19
19
Jan
3
109%.Oct
104% Jan
4
1127/8 Oct 16
113% Jan
3
120 % Oct
96
;
.
7% May
68%
15% July 10
171
4% Jan
'■
D6C
9Va
25
183
-
Apr
May
24
61
*
Jun
Jun
79%
113% July 13
Apr
;
July
42%
16% July 14
19
15
9
7%
Jan
Sep
8
14
Jan
42% Sep
x98
——5
..—No par
Jan
21% Jan
3
5
19
'
100
.—100
—100
No par
No par
100
.—100
5 Va
25
May 16
49% Jun
88% Jen
-
Pocahontas.
preferred
.*
preferred—
preferred—:
Jan
16
5% Jan
5% pfd (ser of Feb 1 '29)——100
Pub Serv Corp of N J
No par
$5 preferred—_—r
No par
112%
27 Va
Jan
—3
112%
Apr
Feb
^—50
108 TV
2%
46%
2d preferred
Procter & Gamble
112%
jan
17%
No par
Poor & Co class B—v.
.—No par
Pressed Steel Car Co lnc
1
108%
Dec
1%
20
1
25
A..—-No par
Plymouth Oil Co_
conv
July
30
80
5
Dec
July
72%
7
17% July 14
'
July
Jan
69% Oct
—
5%
15
20
4
45 V,
106
Jan
Oct
110
Oct
15%
17%
4
preferred class B_i
5%. preferred class A.
r
5Va'fo 1st ser conv pr pfd—100
.Pittsburgh
West. Va—
—.100;
Pitts Young & Ash pfd
100
'Pittston Co. (The)
1,
Preferred
100
Pond Creek
20% Feb
56% Jun
11%
Jan
15
Inc.:—^
preferred "...
Pittsburgh Steel Co
109
i
21
t
<
113%, July
Mar 17
110% Mar 17
55
i.
;
43% July
35% Jan
100
Jan
-No par
—^—100
No par
....——5
Pitts Screw & Bolt
112%
109
5
21% Jan
,
108 %
108%
July
25% Mar 17
5% conv 1st preferred
16%
47
10
Pittsburgh Forglngs Co--——l
111%
208Tb
120
10%
15%
16%
120 Va
900
12 %
80
103%
119%
900
*76%
16 Tb
112%
400
<
17%
*12
103 %
108%
900
65
80
16%
112%
.
12%
1.2'A
78
303%
108%
*02%
17%
*76%
12TV
16%
108 %
,
*173%
103%
112%
47%
47
17%
111 %
footnotes
is
103%
16%
109
For
64!,
103
111%
•108%
47%.
48'%
■
*173i:,
80
12%
12%
*78
16Tb'
*
*173''2
*173
*22%
18
2% Jan
37% Feb
—No par
7%
•
*
7
:
Apr
.—1
Wayne & Chic Ry
7% preferred.—,
192
5%
8Va
95
10
3
....
Pitts Ft
*169
192
:
26
18
100,
G'/e preferred—.——.A—100
Pitts Coke & Iron Corp^— No par
$5 conv preferred
No par
600
87 '
*84
Sep
51% Apr
93% Feb
Pittsburgh Coal of Pa_.
1.500
9%
9%
9>A
87
*169
,
192
•8'A
97
14'A
.
•
*187 %
8%
\%
*86
*9
*84
.
4% July 13
61
106% Oct 17
—5
Pitts C C & St Louis RR
71%
71%.
70%
70%
9Tb
91
*169
:
190
5%
8%
9Tb
*85
Jan
Jan
9% Jan
100
series—.-—100
Hosiery
Pillsbury Mills
$4
600
6%
*5%
,
5%
;
.100
*
135
■■
23%
2
2% Jan
13% Apr
series.
preferred—,
Phoenix
400
105%
25%
105%
35% July 10
5
.
Jan
-10
com—-No par
Phillips Petroleum—
4.400
.
1
*105
25 !A
.24%.
*105
*105
5%'
70%
9%
83
*14%
97
*88
•
69 Va
a
*9V«
83
*169
5%
6
97
5%
43%
12%
'
9%
190
*187
■
105%
*105
:■
135
5-%
25%
*104Tb
,
43%
12%
13
*24 Tit
105 V*
43 %-
43%
13
25
105%
73
*169
190
13
*105
6%,
43%
•
*107
'
Oct "
Jan
par
....
Phillips Jones Corp..—
15
*13%
15
*13
Sep 'I.
160
-50
Philip Morris & Co Ltd.—
4%%
119%.
Dec
7%
1% Mar 27
26% Apr 28
.100
2.500
4 %%
Jan
105%
Brewing
Preferred
91%
147
19% July 17
50% Oct 19
•
2nd preferred——.100
Prefer red
;
114% July 13
—No par
40
.
8
No par
preferred..
80
28% May
18
—
Co_—
Ry Co—
108
Jan
26
1
RR
113%
19
8% Feb
Co
......—No par.
__1
Airlines Corp
*107
i
Jan
37% July
*113
45% July
2%
Aug
29% Jun
preference com.,.,
4.4%
preferred
PhilcQ Corp— —_Aa—
200
Jan
8
6%
16
Cement
;
33
17% July
27
....
Dec
45% Sep
lnc
:—No
31%
109'A Jan
.
.100
Mines
Jan
Jan
'Mar
Jan
23% Jan
S3 V4
*107
25
t
16 Va
23%
10
>.
9
27
108'A
112%
*107
'
43%
25
83
*82
83
*109
*107
6'a
6%
H
',
28% Apr
;
July
6%. May
lnc ex-privilege. ...1
$1
'
*107
*110
*110
3% Jail' 27
Apr
25%. May
Jan
Jan
3
6
9.900
*
17% July 10
13%
55
3 Va
10
92%
15
*13
15
93
92%
29
Sep
Jan
Phila Electric Co.
3.600
33
:7% July 25
Jan
108 V»
%
112%
*112
112%
*13
93
107
107
.
32%
33
32%
33
93! V
92%
106%
108
112
*13
16
32%'
3
5
par
5
11
12% Feb
...&
Co——No par
<fe Co lnc———1
Phelps-Dodge
Corp
25
Philadelphia Co 6% preferred—-50
$6 preferred——.
-No par
15,000
20%
20
,
—
preferred—;
Pfeiffer
390
*25-%
.
26%
12
163
Jan
4% Jan
Pfizer f(Chas)
10,900
104%
104%
103%
121 % Jan
149
Petroleum Corp of America
900
-
55
55
55 V,
55
104 y4
104 y4
55
22%
55 Va
*118%
20%
5%
800.
123%
1)7% Apr 27
Jan
14%
3
5% prior preferred—^
800
8%
55
*119
112
112%
•14%
7%
9%
22%
<41% Jun
45
Coke Corp
Coal &
Pepsi-Cola
'
95
*112
7%
9%
56
56
25%
33%
33
108
95
*107%
7%
9 Va
23%
104%,.
,20
28%
119%
*7%
"
20
119%
7»b
56
10
8% July 12
4%%
9%
23! A
25% Jan
103
Pet Milk Co
9%
23 3 b
56
104%
500
*73b
.
par
ADO
13% July
Jan
6 Ve
Oct
July
23.% Jan
'3
16
3
(J C)
7%
:
July 12
—1
Pere Marquette
*106
*106
57
■
100
27%
*25
27%
*26
*105%
'■
•
27 %
*25
'
27%
*105%
*105%
"10514
1.400
46%
46%
48
16'A Oct
142
25
46
Peoples Drug Stores lnc
17,900
V
78
23% Feb
* 3
Peoples G L & Coke (Chic)——_ 100
Peoria & Eastern Ry Co— .100
600
f
3
Apr 28
48% Jan
4
par
Co
&
Pennsylvania
100
1,300
14%
14%
'
48 Tb
20,000
62 %
61
*75
15% May
Penn
24%
3
30
$7 conv pref ser A
.—No par
Glass Sand Corp.—No par
1,200
68%
68%
17% Jan
13
7
5%
*24
19
4% Jan
15% Apr
Davis
Penn-Dixie
1,000
.
;•■•.
18%.
30
24%
68%
68%
68 %
:
62%
a
30%
*24
.
56
*111
30
24 !a
14%
08
15
*48%
30! V
24%
68
084
'78%
30
24%
68
:3
Sep
18% Feb
Penn
1,500
4%
4%
*•17%:
18%
*111
112
19
8% Jan
100
Consolidated
Penn-Central
11,10.0
15
56
56
*17%
18 TV
*17%
*111
14% Sep
3
10% Jan
39% Jan
No
—.
Pictures
Utah
Penney
2,200
194a
15
.
•
4%
4%
64
Parmelee
100
107
19%
14Va
56
30%
30
*23%
%
4%
56%
•
112
"3 4%
08%
414
*55 !'•>
■
Jan
2.50
Parke
6,200
58%
*57%
58%
106 V2
19%
54%
par
—————.
Parker Rust Proof Co—,..
'
*57%
106%
58%
108
19
2% Jun 27
31% Aug 18
23Va Jun 17
Park
1.500
7%
7'%
7%
17TV
18 >/8
17%
Jun
Transportation
No par
-10
Patino Mines & Enterprises
Penick & Ford—
—No par
.2,100
22 Tb
7%
7 Tb
1%
30%
*22
22%
1%
—
lnc
Paramount
30 TV
64
Jun
preferred-
1,100
;
29
34
& Ref
Prod.
Cos
conv
9,600
*57
4 !'i,
68
4%
25%
7Tb
55 %
*111
30%
24'. 7.
80%
*23%
1
Parafiine
30
15
*17%
18%
*111
*311
Panhandle
10
25%
19 %
4!,,
.
preferred
30
107
55 !•>
4%
55
55
58%
5.60%
26
30 3 a
57%
a
*106%
—"
'
4%
4%
DA
50
-
30
*22
108
19 Va
20 %,
14%
57 T i
108
;
56%
'
—
Apr
67%
10
No
Panhandle East Pipe Line
:
25 V,
18 V,
17%
18
*57
3%
57,%
*56%
*106%
38
Jan
Aug
r
Jan
Petrol & Transp—.
Pan-Amer
500
*:
50
49
3%
3%
■
Sep
Jan
46
Airways Corp.... —5
29%
7%
7!,
7%
3'%'
57! V
154
28%
11
No par.
Car
*1%
22U
17%
*
1,200
28,600
13 Va
.
& Teleg———
5%
31%
31
Jan
25'
43
.100
No
-...No
;preferred—
14%
21% Jun
' Oct
Pacific Tin Consol'd Corp—. ...1
-10
Pacific Western Oil Corp.
...
30%
30%
22%
58%'
*
6%
;
263b
1Tb
22%
1%
37%
.
*i%
1%
;•
*67%
■'
60
15,000
25%,
30%
307%
Pacific -Telep
270
f
6%
*29%
23
7%
158
5%
5%
49%
*106!a
106%
26%
30
1%
Mills..,.—,
Jan
75
39
1st
14%
15
5'A
12%
56'%
25%
"22=%
6%
110%
Vt
81'
80%
.
157 %
49 Va
3%
3%
56
56%
20%,
110
Pacific
121%
*120%
7 Va
u
13!
'
110
110
30%
%
3,700
39%
157%
31 Ta
49 !A
3:Vt
3 T'a
57%
*56
57 %
106
-
Lighting Corp—
15%
8
6
Pacific
t
24% Aug 28
157
Sep 26
Jun
Jan
-10
Co
Coast
1,000
'33%
44
15
par
12.50
...
10%
55% Feb
No
Co—
Dec
Jan
64
.—100
5,000
490
33%
120%
:
5%
:
Glass
Dec
Jan
<3%
Apr
19
147
May 10
31% Apr 26
preferred non-cum—No par
2nd preferred non-cum—-No par
-10
Pacific, Finance Corp (Cal)
Pacific-Gas & Electric.
A. -25
'
44%
49Ta
"12Tb
20%
*
:
16%
33%
157%
.
——...
10 Va
105
69
1
10
18
No par
preferred
Pacific
90
.»
'
3%
4
4
*50
110
v
31 !A
■r
13%
49 !•>
49%
110%,
110
•
35
147 a
15
*14%
15
*14%
V
7
-14% July
Pacific Amer Fisheries lnc—-—
2,500
11%
6 Tb
158
6 Tii
18
Owens-Illinois
14%
120%
121''
158
.
6%,
6%
.10
8% Jan
6%
'
7 %
6%
158
121
'
121% 121%
*157
158
*157
7%
7
'
•
121%
121%
121.
*157
105% Jan
Outlet, Co—
44
#14
1
11% July 19
18
8
3,000
39%
'40 %
14
Oct
8% Apr
99% Aug
'
'
'
39
Oct
i—..
(The)—
Outboard Marine k Mfg-i. .—.—5
•
58
33%
-
44Ta
14
P— —
8 % conv preferred A_—. irmioo
:
.,
110
44
33%
33 TV
44
til
_'
Rights Common—-—
100
*40%
...
11%
*16
•.
16
Otis Elevator...
*11
14%
43
20%
--
16 %
™100
21% July
5
108% Oct
Omnibus Corp
r
:
28% Oct
23
Oppenheim Collins —L___,
*
75
'■
.
x57%
41
...
*73
.
10%
>"••
43
20 Va Mar 22
27
106% Oct
3,509
■
42%',
42%
75
14 V,
14%
"••
58%
58 Tb
It3,,
14
24% Oct
5,875
23%
*153
43
*73
.
12
23
,
■
*42%
,
59%
11%
.
33!:«
%
"
'
14Tb
■
16%
33%,
*153
43
•'■•
59
21'b
*10
45
45
154
*42%
•
15% Sep
par
1,100
12
23 JA
14%
10%
42 C2
'
"
310
12%
22%
58%
14
11%
*10
:
75
58%
33%
83%
...
•
10%
-
*73'"
:
43
*41
21%=
>
16
43
59%
%
*59%
*
*42%
.
102%
par
Preferred
2,500
*102%
102%
*101%
23%
154
*153
44%
75
•
*42%
1%
—No
—No
59,600
23."
22%'
:
107%
"9%
.
10
*12 %
'
12%
22 %
154%
154
155
:
__
102 Tb.:
102
7,700
106%
107%
CO
Oliver Corp.
Ohio Oil
"
'
9%
'
12%
23
23
24%
107
'
10
9Tb
•
•*42
16%
24%
Tit
•
.10
102%
103%
102%
13
*154
107%
a
16%
24%
25%
16%
25%
'
%
''9%
32%
25 Va
25%
25
25 Tit
20
16'A
24
Sep
Feb
96%
Jan
107 % July
114% July
108 Vs
Nov
129% July
85% Jan
1
Volume
Number
160
4329
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW
HIGH
AND
SALE
PRICES
Monday
Tuesday
Wednesday
Oct. 8.1
Oct. 23
Oct. 21
Oct. ,25
S
I
per share
.11 o%
no%
I'"'. I
117
46%
■to%
\IV.V
117
45%
16%
46 to¬
ld
*.(57
*106%
15%
6
11.31a
ie7
l.n'%
1141
■
'
i
'-4 i:t
117
45%
161K
.
*113%
t
per share
117
1.13%
,
$
per share
1131k
ver
*116
4549
10
16
4514
,
107
*106% '..0/
24
=
24
share
116%
*116
NEW
110
45%
45%
15%
16
*113%
1134 a
*105%
107
24%-.
15%
1544
_
2444
*13%
1544
5%
•
600
.10%
1
4
Puic Oil (The)
6%
preferred
200
•
'
24°,«
Range since January 1
Lowest
t
Par
Pub Ser El & Gas pftl $5__.—JVo par
* —man lnc___
;
No par
12,800
107
Range for Previous
STOCK
-
10.000
16
21%
YORK
EXCHANGE
Shares :
113%
lOo-'/K
2414
per
STOCKS
for
the Week
46
1549
*113%
23%
x
117
U3%
Sales
Oct. 27
share
per
*116
45 4 it
a
15%
*113%
%06%
-AVi
t
share
113%
Friday'
Oct. 26
117
451
.
Thursday
'
.
.
Saturday
29,600
___
13
109% Jan
100
preferred—
,—103
Bakeries Corp_—a,—No par
Year 1913
Lowest
S per share
28
37% Jan
14% Sep
par
-
share
115'A Apr
12.
119% Feb
Hi'ihest
$ per share
113%
52 Vo July 10
26%
11
S per share
Jan
18
3
15
Jan
Mar 22
113.% Aug 25
107 Va Alig 14
(
Nov
122
Aug
40% July
19% July
104% Feb
ti2 Va Jan
■114% Juiy
Jan
15
19% J.in
14
24% Ocv
25
13%
Jan
22 V2
12% Jan
21
16% Aug 21
10%
Jan
15
13
12
4%
Jan
12% May
103
conv
Purity
5;700
_ao
ver
Highest
107V2 July
Nov
'
13:,i
18,
1
16
*15%
15%
16
15%
16
Quaker
State
Oil
Ref
ai
Corp.
July
R
.10%
1.0%
10%
10%
1019
10%
10%:
10%
10%
79
73%
78%
78 %
78%
79
79
78%
.8%
8%
•8-%'
874k'
88%;
88%
89%
31%
31%
1544
31 Va
16
16
3349
34.
33%
17
17
16%
17
.
,79
»%
00
.8%
8
*■
90%
1
*31
'
90
83
32
U
%
31%
31%
*31 4 k
'"TO1;.
16%
16 %t
16%
15%
16
"33
34
34%
.34%
34%
8
34%
IT
*17
17%
38%
17%
17
1714
%'
814
■■
10%
:
78%
8
79
84a
88 %
32
22
32%
32'A
16%
15%
15%
33%
33
33
16%
16%
38%
*36%
'-38%
38 7 „
■38%-
38%
*36%
39
*31%
32%
*3144
<32%,
*31%
32%
"3144
12%
32%
11%
11%
114i
1149,
*11 %
114 a
135
*132
*63%
66
"17%
17 %
"21
13-5
,63%
* »►'
t
17%
■"
*21
135
*6144
*132
21%
'99%
99 3
98%
13%
13
101%.
12%
■
102
;i;-f
87
500
135
*132
17%
17 44
21
21
^200
21 %
2044
21
7,600
99 44
*9944
9944
*99%
99%
*99%
99%
■100
99%
*98
99%
1.970
Rensselaer
1,600
99
13
*10044
18%
18%
13%
103%
103%
*101'%
103%
101%
101%
300
1044
11%
10,500
11 %-
101
84
1.100
13
13
13
'210
184a
1149
101
12%
61%
*103% 10414
*100%-101 %
10114'
11
97
13%
18%.
%;
17%
*21%. -22%
100
*13%
J,
17%
61
*99
8414
.10044
11.4a
11
101
84%
101
11%
*100
84%
101
84%
18%"'
*100
v
'
101
84%
84%
12,000
■
200
20
84%
"390
15
15%
1444
1514
15
1514
14%
15
15
15
95 %
96
3;100
96
96
96
96
96
96
96
96
83
32%
13%
■
13%
13%
32 %
/■
39
•
14%
32%
x3t%
3l7«
39
*38
39
*38"
4
13%
18%!
18%
9%
9%,
9 %
*14%
15
18%
9%
9%
9 "a
.
147k
7;1<»
22'
22%
22'k
34 V
*22
'
*34
34 %
34%
*18%
18%
*50
51
34't
18
52'
34
34'/a
5219
113%
8%
8
8
34%
1081'a
4319
108%
"211a
8
33%
4319
:
%
"43
*43
44
34
109
44
21%
21%
5%
54a
*5%
99%
99%
98
99 Va
87%
98%
97%
21%
21
21%
21
21%
21
15
15%
76 'a
77%
76
76
13%
13%
13
13%
76
76
21%
15%
13 Va
15
76
15
*76
1519
15
51
24
24
12.700
200
*43
'44
200
„
:.
21
2,800
21
*5%
5%
~30
*107'% 10.9
5%
600
12%
13
12%
3.800
78
*74%
77
15
*14%
14%
3.900
900
2314
23%
23%
23%
23%
23%
23%
2349
3,100
3%
*3-%
3%
*344
3%
*344
3%
200
31%
32%
32%
32%
*27%
2844
*27% •
28 %
13
135
37%
38
37
37 %
36 %
37
'
,
4
13
1314
*37
8
37 %
•
32%
33
27%
v.
36%
15%
14%
14%
14%
14%
%4%
14%
23%
*2244
23 Va
*22%
23%
*2249
23'%
42%
42%
42%
4044
41%
*41
42
29
29
28%
29%
2914
294a
12%,
12%
12%
12%
'4%
12%
1244
12%
44a
4%
"28 la
29%
12'a
12%
41K
4%
4%
4 %
41a
39%
39%
39%
39%
*38%
59'J
39%
1
160
39%
394a
160
*155
39
26%
26%
26%
16
16%
16
1619
30%
39%..
39%
39%
*155
160
26 4 «
■"
4%'.
*39%
39%
*155
2619
'
.
2644
15%
16
160
800
13 Vs
18.700
77
38%
39%
39%
39%
*155
1,400
3944
3944
155 V 155
2.900
160
50
60
6%
6.300
80
31
31
.28%
11%
11
71
73
*66
58
20
113%
28
28%
28
47%
47%
*47
47i/2,:
*60%
61%
*60 %
61 Va
61 %
1114-,
3'9
10,100
-400
.
30
Jan
7
-—No
No par
*61
60
60
594a
70' it
67%
69%
07®#:
..
2844
58%
29%
28%
113%
,*112
200
58%
28%
113%
*112
5.600
100
68%
3
3
3
61
6814
57%
58
*59
60*
66%
68
67
68
35%
36%
35%
36%
12.800
32%
32%
32%
3244
8.600
55-.,
13.300
3619
36%
3619
36%
35%
36%
3544
36
33%
33''11
32!,9
33%
324a
33
3244
33
'
55%
5519
"43
43%
111%
111%
54'/9
'4319
•
,*111
55%
55
54%
43%
-
*4319
43 %
*111.:
112%
10
10 It
34
34
9%
33%
34
33'%
3349
,*64%
65
64%
64%
64%
65
9%
15%
15 7 it
15%
15%
15%
11%
10%
114K
10%
17%
17 V«
17%
17%
949
91a
11 la
*17
.
.
15%
10%
1714
.17%
10%
11
1.0%
10%
19
18
19%
18%
18 3 a.
64
64
63 %
*127la
129
57u
6
5%
6
5%
5%
87ii
9
8%
9/
8%
844
24 "
22%
30
*17%
30%
19
30%
30
30%
30%
28%
28%
28
100
9%
14.500
15%
15%
3.900
11
1044
1049
5.300
17%
17% '
17%
17
17'A
1,540
10%
10%
7,700
17%
18%
16.200
10%
1044
10%
17%
1849
63%
127 la
'
63 "2
63
63'A
1,000
127%
63%
*126
*126
127%
70
Simmons Co
&
_____No
&
Iron.^
5%
non-cum
Mobile
stk
tr
*17%
71
100
21
1,300
30
30%
*17%
17%
19
17%
17 3
1844
17%
18
30
3014
30
301,,
30
30%
30 lit
30%
3014
3044
30%
30%
30
30'A
27
27%
27
27'A
6%
30
500
30 Vs
300
■
see
27%
2814
6%
6%
6%
page
1879.
{
6%
6%
644
Jan
25'A
10%
Jan
15% July
,2%
Jan
10Q
Jan
27
3
5% July 12
10
141
6
15%
Jan
30 Va May
Jan
30%
40% Jan
4
58% Oct
19
35%
Jan
49% May
54
Jan
7
80
Oct
25
42%
Jan
66
4% Jan
5Ya Jan
3
7% Aug 18
2%
Jan
55
26
Jun
28
Sep
28
Nov
Dec
29% July 18
23%
Nov
35% Mar
48
32% Jan
44'A July
26
6
Jan
27
,
3
11
33% Jun
9
110
Jan
28
57
Sep 22
111% Apr 19
108
May 17
28% Feb
9
110
Jan
27
3
10
8
—No
par
34'/2 Sep
14
-
31
Sep
7
50% Sep
40% Jan
14
25
__100
110% Sep
11
4
Sep
5
61% Oct
23
12% Aug 17
38% Mar 13
33
109
Oct
18
64Vk Feb
2
117
28
107
Nov
lia
33% July 12
25
Sep
116
Sep
1
July
5
Jan
38%
Jan
44%
28%
Jan
40
28 %
Jan
38% July
July 10
46%
Jan
July 12
37%
Jan
11'A July 5
35% Oct 19
~5%
Nov
25
Jan
68% July
7%
Jan
14%
4%
Jan
14
14%
Dec
*17
3
6%
Jan
10% May
5
5%
Jan
15
48%
Jan
58 Vs
44 Va
115
Jun
3
9% Feb
10
20
15% Feb
1
17% Mar 14
7% Apr
13% Apr
19
11'A Oct
19
20'A July
No par
54
Jun
15
64
Oct
19
cum)___—100
121
Jan
27
128
Oct
13
i
Sweets Co of Amer
(The)
6.300
Swift &
3,500
6.200
Swift International Ltd
Svivania Elec Prod's Inc
4.300
Symington
Co—1
Gould
5 % Feb
15
7% July
10c
5% Jan
3
10% July
var
17% Jan
27
_25
69
Il2%
23
Corp
14
8
% Jan
4
10%
6% Mar
>
Dec
Dec
May
60
Sep
45% May
28
11% Jan
25
Dec
Dec
115% July
Jan
67% May 18
17% July 5
13% July 12
23
Jan
1%
29
Sep
100%
Aug
31%
9
4'A
65'% Aug 23
73% Aug 23
39% July 12
34% Jan 15
62% Feb
Oct
Jan
July 20
18
19% Apr
Sep
42
July
116% July
70
July
Jan
112
Sep
64
112% Nov,
13
29
49
Sep
8'A
Jan
115
115
6'/2Jan
10
60
Jan
28% Jan
ioq
Jan
74'A July 17
l
:
May
3
Jan
—5
Calif
56
35%
,_io
Superior Steel Corp
Sutherland Paper Co
6%'Sep
35
2% Jan
:__No
■'
Jun
61
33% Feb
(The)
Apr
6%
Jan
Sep
Apr
Jan
40% Feb
Co
14%
Jan
par
l
Jan
Apr
33
—No
par
25
21%
50% Feb
..No par
.Nn var
No
2%
Jan
32% Jun 28
14
56% Jan
_2
25
9
72
10%
149% July
36'A Jan
par
i
25
Aug 10
May 5
22%, May 13
Feb
28
100
—
of
Sep
15%
155
Jan
Dec
17'A Aug 21
33% July 12
28% July 10
Webster
Oil
30%
3
Studebaker Corp (The)
Sun Oil Co—
Superior
29'/8
3
preferred—:
Co
Jan
17
—No par
Inc__
(4%%
16%
20% Jan
132
Jan
Corp
Stokely Bros & Co Inc...
Corp
Mining
Aug 18
43% Sep
5
Jun
Apr
20
par
Standard Steel Spring
l
Starrett Co (The) L S_____No
par
Class A pfd
43
5
23% Jan
Standard Oil of New
Jersey
Standard Oil of Ohio
4% % preferred
&
'
-.7.50
preferred
Standard Oil of Calif
Standard Oil of Indiana
*67
20%
July
15%
29% Aug 23
14% July 17
par
70'/a
21%
30
%
39 %
21%
—
Superheater
30
Jan
18
preferred——No
prior preferred
3.500
20
19
28% Jan
28% Jan
par
Standard G & E Co $4 pref—No
par
$6 prior preferred——No
23%
*66
Nov
5
26% Oct
No
preferred
23
22%
23%
44'A Oct
3% Jan
No par
2344
31'%
24% July
22% Aug
5
12
$4.25 preferred
Standard Brands,
23 %
*30
15% Nov
20
12
—No par
Inc
23%
*21%
7
22
Apr
—No par
Stone
28
May
27% Nov
*13'/a July
45'A Sep
18'A Jan
23
—1
prior
Jan
Jan
10'% May
28% Jan
42% Jan
par
ctfs—100
Squibb (E R) & Sons
5%
16%
21
24
Square D Co
$7
Apr
23% Jun
7
29% Feb
$3 conv preferred A—•—A'c
$4.50
5
28
Jan
$5.51 preferred—
—No par
Spencer Kellogg & Sons—No par
Sperry Corp {Thef_
l
Splcer Mfg Co
—No par
conv
2
Jan
Jun
22% Apr
13% Jan
Spear & Co
$4.50
Sep
20
July 19
16% May
.No par
Sparks Withington
23%
28%
15
2%
Jan
13% Apr 25
preferred.—___100
Ohio
&
Sunshine
6%
35% Sep
29% Oct
8
8%
22
25
Sunray Oil
2744
Jan
6
Railway ____.L
5.400
6%
54
Jan
Southern California Edison
Southern Natural Gas Co
5.900
28%
Jan
55
19
15
Typewriter_No
Sou tlx Porto Rico Sugar——No
8% preferred
8%
*68
3049
35
South Am Gold & Platinum—
1
Southeastern Greyhound Lines—5
5%
30%
Sep
17% July
73% July
9
28% Apr 12
4% July 6
/May 16
Apr
10% Feb
20
Socony Vacuum Oil Co Inc__
8%
71
6
23
par
—_15
Steel
Corona
5%
21
Dec
18%
18% July 5
78% July 19
14% Mar 13
24% Apr 24
——No par
Corp—
72
3
.No par
—
Simonds Saw A Steel
Sinclair OU
8%
7014
Jun
90%
Jan
Oct
5 39
30 l*a
4%
Jan
10%
Jun
8%
21
Jan
59%
5
57
£34
69%
Jun
29
91 it
23 3
26%
Jan
544
23 %
2
Jan
17%. Jan
*8%
544"
16%
Feb
31%
Stewart-Warner
15%
Mar
Dec
9
Oct
24% July
3
11% Sep
<
—5
Sterling Drug Inc
15%
Feb
112
105
July
July 11
1,200
10%
43
115
107%
4
King Coalition Mines
64%
1 1 lis
24
4
500
34
Dec
14
pref ser A
(Frank G)
r
'
6%
footnotes
64 7
90C
30%
*17%
30%
For
.
22%
21
30%
9%
*33%
1844
127
4
944
65
.
42%
112%
43%
*111
33%
65
69
69
*2219
*29%
9%
*33%
30
23%
71
54%
55
43%
112%
18%
"
*6!)
43 %
900
500
2,600
15%
-
6319
129
54%
*110
10'4
;
64
129
*127%
23%
65%
154a
10%,
*127'9
34
65
11
18%
(>5 7 it
9%
9 4 it.
*33%
.
10%
"64
55'/a
5444,
4314
111%
43%
*111
11149
3
8
Jan
36'A
20% Sep
conv
$5 pref series A
68%
*60
60
101
2
63% Jan
Jan
96
109% Nov
48% Jan
Silver
5 %
111'A
63
70
May
16
73 Va May
115
3
7
14
13
19
25% May 19
7'/a Sep 25
5
Feb
16% Feb
par
43% Oct
113% Oct
110
Sep
12% Mar
10%
*113
113%
84
par
Nov
21
xl08% Mar 23
3
20% Sep
2% Jan
6%
114
(W A) Pen Co—-No par
Shell Union Oil
:
15
115
*110
3
6
37'% Mar 16
Sheaffer
*113
111%
*112
Jan
1
47 % July
Jan
9% July
36% Jun
36% Mar
Jan
Jan
1,800
*110
34a
3
7
35
105%
Jan
35
115
113
Jan
Sep
27 VA Nov
5
Sep
5%
*34
*113
.
53% July 17
115
64%
33
59
*3
7
30
,__i
Corp
preferred
35% July 12
8
7
35
116
113
Aug
25
Conv
*57
3111
■
50 %
76'A Oct
Spiegel
*112
113%
3%
Jan
108
'
"319
43
15% Oct
1.730
59
28%
11
13
6
19,800
115
28%
2919
51% Apr
Jan
Dec
27
11
29
Jun
Jan
73%
11114
18%
9'/Wan
10%
*56
*110
Jan
par
73
*112
29
11%
par
11%
59
11114
19
par
74
115
<110
Feb
No
11
115
23
No
73%
*113
Oct
5
9% May
--No
$3.50
114a
35
28
16
Sharpe & Dohme
Shattuck
74
35
115
1,000
28%
"56
11119
*113
31
*112
115
*110
2919
*112
58%
58%
*112
111 '9
2917
*113
200
80
*30%
2814
.73%
344 a
34%
■
115
*113
■115
*110
35 %
35
3.500
8%
*71
30%
47%
*60 "a
11%
73 3 9
*744
80
3044
*46%
■
61 %
*60%
11
;
56
28%
47%
71
*U2
*71
*71
11%
113
8
80
73%
.*113
G%
8
31
%
35%
6%
8%
31
"72 la
55 'a
6%
*71
21%
Jan
.-No par
No par
Steel
$5 conv
Jan
Dec
105
—_5
Southern
6%
61%
Sharon
5%
19%
Feb
—No
30
Oct
July
20%
109
Corp___
Jun
9
>
8
par
Inc
8
17
Jun
5
par
Southern Pacific Co.
900
61%
Seagrave
23,300
7944
Jun
24% July
No
Seaboard Oil Co of Del
50.600
,
Feb
15% July
93%
34% July
—No
30%
79%
70
Jan
Jan
80
3
27% May 12
43% Jan 27
100
!_■,
Paper Co—
preferred
July
17'A Jun
18
110'A Jan
3'A
new
—
$4 preferred
-26%
55%
60
;
26%
5644
Nov
7'A
Feb
26
5
—
Corp.
preferred
30%.
80
.
5% %
1.800
56%
274 a
Savage Arms Corp
Schenley Distillers
2.800
79%
*46
10
15%
574,4
59 Vo
98
Jan
45
100
26 %
80
46%
pur
preferred
15%
571%
28'9
6%
26%
79
27%
.____No
Joseph Lead
Safeway Stores—.
16%
•
Dec
14% Jan
par
St
26%
79
46%
No
2,600
79
•
preferred
16%.
31
25
11% July
3
5Vb Apr
J
39,500
78
47
conv
Corp—
4%
78
27-19
27%
"4619
Rustless Iron & Steel
26%
80
84% Oct
29
Jan
17% Jan
25
pat
12%
39
*>7
30%
No
4%.
449
31
*71
15% July 10
99 % July 15
8% Feb
1
(The).
12%
12%
39
26%
80
Co
Smith
30%
31
4
Jan
Oct
76
Dec
12
1.200
274 a
31
Jan
10
18
Apr
17% May
29
31%
•*.71
63
103% Oct
9%
Jan
Jan
16%
64%
15
88%
5%
Jan
26%
*744
Jan
73%' Jan
7 Va
28%
27
,
12'A July U
20% July
9
29
30%
8 la
17
3
101%
13
264a
641,
101 % Oct
Jan
Corp
No par
Company
:
No par
Antelope Copper Mines——
29
31%
6%
3
Jan
14 %
1.400
27%
"74.i
Apr
Jan
14
95%
Sep
40 Va
57
,
10%
5
12%
40%
30%
819
Jan
103% Oct
14
41
56
7
4'A
16
Aug 17
21% July 5
18
Jun
19 % Oct
40%
25 Va
8%
Dec
85VaoApr
preferred—„No par
Smith (A O) Corp.
10
581„
6%
74%
9
84
$1.20
1307»
7 'it
Jan
Jan
Skelly Oil Co—
32%
8%
'6
42%
13
Co___
*16%
.
1
_1
Mfg
Sloss-Sheffield
55%
,
«
Oct
Jun
100
7
May
11% July
1.700
25%
32%
93
39'A July
1,600
23%
58
26 7
:
Jan
32%
14%
14
*22%
77
31%
26 %
58
19%
69%
Feb
37
37
14%
*22%
■-..
27%
13
37%
15' 9
,
4,600
27%
Jan
16
•
23%
41
32%
.32
27%
; 13%
13
20
12
99% Aug
9
14% Jan
Jan
600
I41/2
6.
11
Jan
15%
*75
"
23
Oct
5%
Sears Roebuck & Co
12%
76'4
Jan
23
Dec
Nov
25'A
Servel
240
6
86'A July
13% Sep
.
34%
7,500
76
Jan
3
7
6,700
76
20
Mar
15% July 10
97
76%
80
6%
3D
20% •20%
*15%
Jan
24
1
97%
15% ;
66%
Jan.
; 22% Oct
.
19
6% Jan,
100
Tob class B„
21
98
Jun
18
Apr
87
-_100
Typewriter..
Scott
Nov
3V«
99% Jun
No par
$4.50
23%
13%
i 1
4,700
8
33%
108 Va
614'3
.
7%
33 Va
*107%
"22%
'
140
*3%
28%
39%
2,200
170
13
"
2,800
52%
114 %
52'A
28
"155
34
52 %
21%
'
,1
33%
113%
35
30
18
35% July 10
$2.50
*50%
13%
Roan
50%
*50
52%
29
Ritter
Jan
Jan
17% Oct
Feb
8% Apr
16
26%
22%
May
:'■ 4.300
*50 m
1319
Jan
24
18
Jan
17%
1.900
52%
33%
14%
Aug
22% May
Oct
70
x83% Mar
70'% Jan
Richfield OIL
*5014
32
32
8% Jan
,100
51%
33%
Jun
15% Jun
Jan
36
3,200
51%
°33'«
2819
29%
Jan
28
9%
*113
*75%
15%
4
Jan
11V4
26Va
23
10
14%-
23%
:
21
July 10
10
1,700
52
3%
Dec
135% Oct
Jan
11% Feb
18
l
i
Rhcem
5119
3%
Jun
101 Va
12% Oct
14% Apr
.—100
Spring—
(R J)
Common
*
17%
0
*15%
.
51
Oct
10%
Jan
38% Oet
50 Va Jan
—No par
preferred
Reynolds
Ruberoid
544
13%
■
conv
96%
76
13
78 %
12%
78%
75
5%%
Royal
109
90
100
preferred
Reynolds Metals CO—
400
43
Saratoga RR
20%
16
*15'/4
15%,
75%
.7519
71%
Jan
32
5% Jan
25
5 'A %
-
600
.
&
Reynolds
337k
21
6
.
,
7
1
7:800
108%
*107%
21%
16
14%
13
prior pfd ser A—100
Revere Copper (n Brass——No
par
"7%. preferred
100
7%
52%
43
9814
21%
*76
32% Jan
27% Jan
,
conv
33%
*113
109'
*107,%
-
'
6%
21%
7%
*113
*108
Jan
54'A
20 Va Mar 21
10
Motors, Inc—
Republic Steel Corp
Q% conv preferred
7%
114'%
33
21%
15%
3
No par
Preferred with warrants—
*33
34%
52%
*10744
6%
'15''4
15% Jan
1st pfd—100
Reliable Stores Corp
*20%
18
& Co
1;300
9%
7%
114
34%
21%
-'15 %
34% Oct
100
Reliance Mfg Co..
39
18
14%
*
50%
108%;
6
2119
18
3
Remington-Rand
21%
*50
8
33%
6%
*6
!
——
(Robt)
34'/a
17%
52'4
*107%
*113
7%
21%
114
■8
34%
108
9%
14%
*33
34
52 %
-
3%
33% July 10
3
50
.
59
17
Feb
'
'
IS
18%
9%
13
*113 '
114
107% Jan
28
.5
13%
31%
*38
*14%
is
50 la
33%
52%
1074a
108%
108
22
18
8
34%
94a
34
*50
34%
52 %
1C8 %
4319
*113
'113
3
July 12
Oct 27
12% Feb
1st preferred-^—_50
2nd preferred—50
32 Va
*13%
4
39
18
22%
34
177«
*112%;
.8%
33
*107%
*21V,
50 Va
34
5219
112%
3 4 s, 8
21%
17%
14 7 is
7
1344
32%
*38
18%
"7%
34%
*50
4
'1071a
"43
21%
13%
32
39
*14
74a'
*34
14'it
32 V,
*18K%
9%
147k
7%
51
112%
*108'
*14
18%
*50
34%
52'4
•112'j
6 '
13%
7%
7%.-
134 it
31%
*38
19%
*14%
7%
:
Rels
120
32'.»
28 % Jan
79 %
10% July 10
25
Reo
98
63%
15%
'
■
Preferred
10
96
'
par
1
No
Hosiery
2044
63
'
"9;>
14%.
Silk
17%
64%
*15%
11 %
non-cum
2114
18
84%
27
—....
non-cum
22'a
105
103
84%
135
■
11%
'
Real
164,,
1819
12%
*101
11%
.
2114
*103%
101 %
11
102
11%
4%
4%
400
32%
*21%
12%
18%
101%
"132
.*3144
21%
97%
105
*103%
11%
39
*36%
.
21
*99 5a
13%
18%
105
100%
98%
13
18 *'11
%
99
96%
13%
f 03 %
12
99
1
98%
85'/8 Jan
Reading Company.
2,400
17
21%
100
Inc
21
oo 1
21%
24
j,
$2 preferred
63%,
17%
...
:?] %
Rayonier
5
7% Apr
.
135
-
63%
•700
8% Apr
69% Jan
1
-urn
preferred
Raybestos Manhattan.
1,300
par
No par
No
preferred
conv
21
17 5i
•
■'
*132
63%
.
6%
2.500
',
1st
conv
Radio-Kelth-Orp"
1,210
.
Corp of Amer—:
$3.50
9,200
88%
82%
133
8 Vn
Radio
1.800
8
,
•89.%.
'a
38%
79 %
884a.
*11%
*31
.10%
122
Apr
"914
May
31% Mar
66
,
May
Jun
July
Sep
Vk
Dec
63% Mar
130
Sep
5
4%
Nov
6
Oct
5
3%
Jan
7%
Apr
Sep 26
84% Feb
2
12%
Jan
22
58%
Feb
82
25
May
May
32% July
25% July 5
33% Aug 22
20% Sep 25
14%
Jan
26%
Jan
33
4%
Feb
12%
Jun
31% Mar 20
22%
Jan
27%
Nov
Apr
July
i
3
27% Jan
No'par
27% Jan
10
33% Jun
27
27%
Nov
35 V2
26% Apr 18
5% May 9
33'A Jan
5
22%
Feb
35% July
7% Mar 1.3
4%
Jan
8% May
Mondays October 30/ 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1878
Range for Previous
STOCKS
S per
per share
5
share
5 per
share
t per
share
Oct. 26
$ per
Par
$ per share
share
per
$ per share
share
Highest
lowest
Highest
Lowest
Shares
shard"*
f per
per share
the Week
Year 1943
Range since January 1
NEW YORK STOCK
EXCHANGE
Sales for
Friday
Oct. 27
Thursday
Oct. 25
Oct. 24
Oct. 23
Oct. 21
I
Tuesday
Mondav
Saturday
SALE PRICES
Wednesday
AND HIGH
LOW
m
T
*10%
46%
45
45 r4s
45%
5'%
5%,
*577
35
18
18%
17%
•
14
14%
13%
23 %
22%;
1817
9-'»
*8 3 7
9%
114'%
*112%!
*81 1b
50
*6
'
487!!
* 147
:
;,
1
51
23 s
21%
*21%
1777
*1777
21%
2177
18
18
55
55
55
22
'877
50
13,
*12%
*46%
4%
47%'.
47%
4%
41-i
Va
a
,
20
5%
123/4
46
46
414
*4
414
28i-
28
28 %
27%
27%
14%
15
14%
15%
.106%
106%
106%
10714
107%
1760
32%
32-17
32%
32%
3214
32 Tb
32%
32 7b
6.900
33%
5014
50
50
5014
5C%
4974
5077
2.400
974
-7.900
50
108
107
23%
24
22%
17
17
*10%.
17%
106
9%,
9%
9%
914
9%
9%
23%:
22 %
22%
22%
2274
22%
23
16%
16%
*16%
177b
*167b
17
4%
4%
4%:
4%
47B
9674
97%
98
98
10%;
10 %
10%
1074
9%
*
4%
47a
•'4%
4%
971b
97%
97%
97 "a
97 %
971b
97 Tu
10%
10Tb
10%
10%
*10%
107.
10%
■
,
4.500
200
18.100
47 b
290
18
18
18%
18%
187a
2517
24%
25
25
25%
24%
25%'
25%
25 % '
25
32%
32
32%
31%
3214
32
31%!
32
32%
32
31%
32.
•.
*
18 %
13%
18
18
1817
2517
03%
:
aTu
81
8%
8
100
-105'
105
8
7%
105
105 %
13%
13%
13 1B
131b
131b
13 %
13%
60
59%
5977
60
CO
59 3 i
59%
13%
13 lb
133,',
'
*13%
8
"
417 Jan
Jan
2
49% Oct
Jan
95
Oct
9%
Jan
Sep
49
May
6 77 May
3
Jan
8%
Jan
15
26%
8
16
Feb
34%
Dec
3
Mar
267b
Jun
.'
,
1% Jan
Jan
16
33
July
7
977 Jan
1577 July
108% Aug 29
94% Jan
103% May
July
17
Feb
3
3
13
'
33% Jan
5% Aug 14
Aug 14
4
6
100% Jan
July
4
29
Jun
977
13% Mar
10
18% Mar
8
27
19
32% Jan
Oct
Dec
Jan
52
27
Oct
14
537b
Jan
2%
July 13
6Tb July 8
3477 Mai
" July
20
23Tb
Dec
43% Apr 24
8% Jan 13
52% Aug 18
40 Tb
Jan
22
67b
Jan
10% May
17% Apr 25
25
15%, Jan
257b July
11% Jan
16%
Jan
25
33% Oct
3
.
10% Jun
Aug 17
18% .July 5
5
317 Feb
4
Jan
4
par
8Tb Jan
3
—1
15% Mar
'
85
1%
51b July 10
Sep
5
11
Mar 25
20% Jun
1
977 May.
6% Jan
2477 July
34% July
12% Jan
26% July 10
17
3
33% Jun
13
25
Jan
4
106 la Aug
Nov
5
21
12
99
5Tb Jan
108% Sep 12
147b Aug 21
67
pur
9
6817 Jan
4
,_1
87b Jan
6
Fisher Co——No par
5117 Jan
10
May
26
,Jan
100
Apr
47b May
90
Jan
2877 Jan
par
Par
50
Jan
69
99
21% Feb
par
——
28% July
35
54
12% Jan
iferred—
-No
pfd—.— 'rNo
Twin Coach Co
2,560
13%
13
Oct
85
11% Jun. 13
Rapid Transit-—No
.100
preferred
1%
160
106
1057a
13%
115
>
par
Twin City
1:400
,8 74
7.' *774
pi
31
par
$4.50. prior
100
•
104%
*103
105%
13
$1.50
6,800
•
105%
*103
105
8
8
8 la
a
105
105
105
1051a
*103%
10517
J
104%
104%
1047«
"103
14,800
Jan
81% Oct 20
11
No
13% July
9% July 17
19
Corp,———,
20th Cen Pox Film Corp
No
Jan
617 Jan
5
July 12
58
Jan
Tubize Rayon
4.500
25"
5% Jan
6
-25
Tntax-Traer ;Corp„
900
•
4
92
Tide. Water
7%
2417 July
13
July
18
26
15
12 T7 Jan
preferred—
Associated Oi%—„ —10
$4.50 conv preferred——No par
.-10
Timken Detroit Axle-—.——Lb,
Timken Roller Beajing—_No par
.—2
Trnnsamerica Corp
i—.__5
Transcont'J & West Air Inc_—
Transue &-Williams St'l—■—No par
1
Tri-continental Cotj?—'—-.
$6 preferred-——
No par
7,300
6Tb July
4177 July
Jan
16% Nov
15Tb Oct
Apr
$3.50 cum
700
14%
3817
.;
■2.400
474'
53Tb July
Jan
87b
27 Tb July
5017 Feb
par
137b May
Jan
33% Dec
4
7
—-—No
Thompson-Starrett Go——No
Jan
3%
8
9
43
Products
Thompson
4"
77
41%
5
3717 July 14
19% Mar 16
1.9
-_1
Thompson (J R)——.—
600
■2,000
,
517 Mar
874 Feb
Transit Cor p.-No par
Third Avenue
Jan
6Tb July
—10
preferred—
Jan
3
17% Jan
.100
100
Co.——
$3 div conv
,
400
-
1277
46 %
45%'
Thermoid
3,700
8%
49
28
32 77 Apr
35
13
1277 July. 5
5017 Jan 10
15
4% Feb
—10
-1
Go——100
preferred
preferred
6%
28
■
15
9 To
5
85
5%,
1'}
70
60
14%
281
•
14%
50 Ta
5
'The Fair—
:
13
0 5/„
ft 1
47%
,
Na par
preferred-——No par
—No par
$3,60 ,conv
6o
9%
*48
417 Jan 12
1417, Feb
Apr
13
8% Oct
4477 Sep
.
Jun
45
Oct
50
10% Mar 29
-No par
-No par
877
577 Jan
8% Jun 19
5
3
Thatcher Mfg. Co_
8%
5%
5%
13
13
'
17%.
07
Texas &
85
59
*48
6
Pacific Ry
900
115
115
8%
8%
Sulphur
Texas Pacific Coal- & Oil
Texas Pacific Land Trust—
700
56
*9
.
85
*8277
.
87b
577
'
9%
*10%
9%
•
115
Producing-
18%
Jan
Jan
1—_5
25
—
Texas Gulf
99,900
'
*
6
23%
i
*877
*1121b
85
*47%
50
*577
*28
:
9%
Corp—
(The)-
Texas Gulf
16,900
'
7
42
9
preferred——50
Corp——5
22
56
56
*54 lb
.■
115
*83%
*8 77
84
*4
1777
f
;
'
49 3 7
i7%
f;
1817
9Tb
9:I I'I
r
21%
■:
Telautograph
10717
32%
•':•
15%
*47%'
:
14%
33 T 7
51
■
.
14Tb
*877
15
107
108
18
157b
*113%
28
33 To
■
17%
14%
9%
4%
4
15
a
J 06'{i!
c
'
17% "18%
14r*
8Tb
28.
29
*28%
-
18'%
.14 3b
11434
48%
48 To
-
'4%
41-i
J-'
17'tb
14-%-
84
121b
12%.
12%
48:'.i
1737
i
.
6
6
12 %
■
4977
49 •■
..
6%.
•
,34%
', 9
9%
*49
34%
114:%
■
84
8Tb
84
577
34%
*8 3
11474
o
,5.200
5 77
35 lb
55
*9%
<)
2,500
534
1817
*.110 lb
*815
5%
,
347b
534
X22
56
*55
9,300
34%
45%
13%
19
56%
46%
Texas Co
1714
'
227a
19%.
*55%
Tennessee
35
5%;
141.'!
23 %
.
1,000
5 Tb
'
*18%
'
2.000
1077
10 %;
34%
18Tb
'
'
'
45%
.
.
534
,
35
347o
35
7Tb
45%
.
90
7%
7 Tb
10%
.
11
5% % partic
49%
7%
457;,
5Tu
46 %
•
46
49 %
*49
7%!
10 Tb
.
49
Talcott IncMJames)__
700
8
8
*10%
77b
7:%
7%
10%
45' b
11%
li
50
50
50
*49
Tb
7
11
814
*8 Va
11%
7Tb
8%
a
50
*48%
49
49
"
817
817
8%
8%
834
*8%
!
8%
*8
Sep
4 Tb
Oct
101
977
Jan
Jun
Jan
777b.Jun
Jan
1177
6%
Jun
u
59%
HOT a
1J.8
118%
*118
118%
114%
*112%
114%
(11.217
101%
28 3 7
*28%
*308
33
*117%
67
65
65%
29
27 %
27%
271
371
15 37
1.5'%
15%
*103%
105%
*101%.
371
15%
05
*10%'
10%
10%
1074
10%
*31%
.
66
317-t
315b
31%
31%
89%
87Ta
89%
88
13
13%
12%
89
13%
1317
411b
41%
39 7b
417b
1057«
105Tb
7
7
178%.
*14T«
14%
.
49'g
38
27%
*11177
27%
112%
8%
8%
9%
9%
*
""
45Tb
131b
58%
*
73 3 7
58 3 7
1341b
-5
5
5%
*9 3
7%
48
*44
1%
48%
57%
56%
133
133%
25 3 It
26
025%
■-
47%
477?
41b
41b
100%
100%
15%
15%'
15%
51b
5
5
<•4 K,
5 lb
36
30
*34%
36 %
76
79
*75%
,57 Tb
28,100
1337a
25%
25%
f,600
*47 7a
47 T 4
47%
471b
41b
4%
4 74
4.600
7.600
47b
477
477
*100 7b
101%
*101%
101%
15%
157b
15%
157V
5%.
*477
5
5
*33
377b
76
36%
361b
767b
79
600
.120
60% Mar
Oct
9
9
%
Jun
35
Apr
76%
,
Sep
1474 Jan
3
42
181%
Apr
10%
Oct
Jan
Jan
19
• 3
29% Oct
Jan
X4277 July
4
6
44% Nov
30
19
'
Jan
777 Apr
19% Apr
13% Jan
Oct
114
Jan
108
113
Sep
15
8% /ipr 24
9
% Sep
5
477 Nov
8% July
8Tb Jan 25
10
6
8% Nov
9%
—7—10
10
Feb
110
July
37% Jun
27
29%
Jan
371b May
2.9%
Jan
42
32
Jan
it Jan
25% Jan
3
47% Oct
3517 Apr
3
47% Oct
16
18
Feb
2
27b Jan
20
40% Jan
-1
1
;
40
\
Feb
,/'■
Jan
5474 July 14
7
130
•
13
149 >
19
22
*
477b
112
59 Tb July
Jan
125
417 Jun
29
4
517 Oct
9
Apr
Nov
28
July
29
Jan
.Ian
18
4
101
317 Jan
4
31
Jan
4
68
Apr 27
preferred———-—1—100
162
Mar 20 '
.377 July'
Jan
•77
J tn
3
Oct
Jan
88
Oct
207b July
13% Dec
18% July
6
July
-
507b Aug
.
17b
56
Oct, 23
5
5
397b July, 3
8014 Oct 11
173
Sep 27
Nov
74
64% .Jan
,
,
42%
14% Jan
No par
1
Laboratories Inc———1
preferred—
May
20%
Jan
76
Dec
62
23
217 Apr
Sep
130
Jan
48% Feb
277 Jan
Jun
37a May
46%
Jan
27% Aug 30
May 18
44% Apr 26
■
4412
*
46
135% July
x11977 Jail; 27
July
101'
24
7774 Aug 21
63% July 10
8
May .25
5017 Apr
Oct
6174 July 13
•51% Sep 22
69
Jun
19.
3074 Apr
JVlin-1——-50
-.-50
Ref &
Dec
57b
Dec
Jul?
7577 Oct
3977 Jun
16% Jan
1
preferredl—100
168
18
43% July 11
8% Oct
6
5
19
Jan
Oct
x50
7
Jan
!
99%
9% Jan
59
15Tb Oct
3417 Apr 24
13% May
*
Mar 13
180
4
5Tb Apr
Jan
27
Jun
88
10
Jan
8%
477
Dec
100
Dec
84% Jan
2l7i Feb 17
Jan
170
.
3% Jan
12% July 5
Oct 26.
Mar 28
70
99
107
4
2977 Dec
167b Jan
77b-Sep 21
97% Jan
——100
—
106
3
7% Feb 10
-No par
1—No par
—No par
—
Preferred
9%
Jan
5
98% Jan
4
Feb
:
Universal Leaf8
July
5%
33% July 14
•
No par
Tob_—_^_No par
Universal-
66
38% Jan
7
.1—100
10
——.
Universal-Cyclops Steel Corp
210
Jan
8
non-cum/preferred—25
conv.
Sep
Dec
9
20
United Stov'kyards Corp_l—1
—l
United Stores class A—
.'——5
$6
15%
96
Jan
2377 Nov
—
300
1.000
Jan
Dec
2%
41% Oct
-No par
Preferred
1—__100
s ToBacco .po—__r_i—__No par
7%
7Tb
94 77
15 % Jun
Preferred
■U S Steel Corp—1—
V
5
11
19
—No par
Co——Hl——110
U S Smelting
*173
*173
Rubber.
14
11% Oct
5
26% May
Jun
217 May
78% Aug 30
6
Jan
8
% Jun
3577 Sep
11Tb Aug 30.
45% Apr 19
Jun
69
x26
y Jan
27
non/cura .1st
100
4%
132
5
22% May
114
.
17% Jan
12% Oct
Plywood .Corp.—
Impt
S
3,400
26
*76%
*173
*173
100
4%
5
4%-
3677
*173
2.000
56%
1337a
15%
.5277
74
Feb
Oct
Jan
Jun
337b July
1
17Tu July
108
18%
Jan
May
114%
Jan
18
38Tb Oct
19
4
6
Oct
17b July
12% Apr 18
JU S Realty &
U
28
3
9517 Jan
.&_ Foundry—
20
Playing Card Go—.——-10
3.500
3
31Tb Apr
U iS Pipe
9.200
1%
*72%
25%
■
Jan
1% Jan
pa*
28% Mar
Va Jan
55%
28% Jan
preferred——
U S
147%
72%
57%
Prior '
May, 5
,22
16
109
Jun
% July 11
70
90%. Oct
U S -Lines Col
-- Preferred
'
U S
5274
53
72%
133%
,
61
Jan
Oct
97
40
1777 Jan
Aug 25
13
23
114
■
Chemicals—No par
No par
—No par
1,200
1477a
148%
521b
7*> 3
57%
.
par
par
par
102% July
Jan
93 Va
Oct
2277 July
79%, Jan
Au^ 21
Apr
114%
120% Aug 18
Mar 23
110
Leather Co—
1.600
53%
,
100
Corp———.6
preferred
50
conv
341b
102% Jan 19
2017 May 4
Mach
100
44%
47
:
701V
134 >b
47%.
900
1,900
48
'
1%
1Tb
47%
148
" 149
2
20
Partic fe conv ci A
9.100
9%
.
*45
44%
44%
1%
48%
U S
60
'
361b
977
*36
37
3614
*45
5%
—
.
45%
8
777
.
52%
is
101'%
15Tb
IIIT4
9%
48
149
"
*100%
101
11174
87c
9%
57
25%
3.500
■
9 Tb
36%
3217 Oct
110% Sep
22Tb Apr 18
*1187
X24% Nov
.
12
Secur-
U S Industrial
1.200
277b
5V2 %
■
800
7 lb
27%
57 3 4
*47
371b
7%
28
27%
8%
.
4
6
25Tb Jun
Jan
24%
10034 Feb 24
.Co———20
-preferred-l—L-ii——i_100
7%
>
I
6
29
7517 Jan
preferred—
Freight Co—
b,
U S Hoffman
20
'
54
4%
^17
*37
774
7%
112%
1%
73%
4%
7717
371b
,
70
.'80%
7
Oct 11
Oct
-
Papcrboard-——,
'
51
*111%
48%"
,
149
*50
*37
28
451 b
1'%".'
'49
51
102
—
$6 1st
1.900
14%
14%
14Tb
•
1
6
Jun
Jan
157b Jan
11174 July
921b Feb
113
.
10577 Jan
6
20'% July
3
26
U S Gypsum
112%
*45
48
45%
51b
37
1.600
147b
7Tb
3611
36%
.
41,i
76
76%
1787b
:
180
*50
37%
8
9%
41 b
37
*173
8%
41b
36%
7677
178%
77%
76%
,*178%
14%
77c
47%
15 3 7
16'4
*51 b
U S
-
52
37%
7%
*47
101
1.200
"
*50
'
36%
5
•
*15 3 7
■
'51
4
10177
15%
15%
15*74
134
•
26 Va
25:%
"
417
*.101
587b
57%
47%
1b
4
78
180
14%
*73
'733%
%
107%
*106,
10?
107
15%
77%
14%
*53%
'133% 134%
26
257»
*47
72
U S & Foreign
40
-
148
54%
5.100
16
*175%.
77 3 V
10%
10%
10% •10'%
106%
15%
161b
180
2.900
United
7
*10571
'
134 lb
.
105%
preferred
,5%
230
7
10%
14
—
United Merch &
105
7
%
7
.
39%
105
7
59
July
1177 Feb
867b May
6
11417.Sep:
17To Sep
United Gas Improvement
105
118
No par
00.1-13%
Mfrs Inc———1
United Fruit Co
Jan
19
5
—
105
106
Oct
5
-—No par
United Dyewood .Corp
1
Preferred
—100
United Electric Coal Cos
5
United Engineering & Fdy_——— 5
8.600
1%
'
*72%.
397b
'
4C%
38%
40%
39%
10571'
.
1271
19
93 % Jan
par
Co
Drug
$4,75 preferred
t.
9,500
7
48%
148
54
55
127b
45%
49Tb.
148
14717
87%
12%
10%
*45
:
174
1%
48%
50
49 Tn
87%
12%
36%
4
14717
.89
'
46%
...'*54
*87%
12%
8
47
1:%
89
127'.
9%
36 3
46%
8814
conv
United
2,100
1,500
27%
36
1%
3277
*111%
47
*45%'
32 lb
10%
97b
—No
preferred———:
United Carbon Co
No
United-Carr Fast Corp—No
United Corporation—i
No
$3 preferred—,
...
—No
5%
650
10%
preferred-.—
conv
United Biscuit ,Co_
3,300
32
27%
37
67 77
1074
1014
112%
47%
,
62
31%
■
*47
9
64
32
"
81b
5%
3,600
10
9
9
101b
26%
8
*103%
64
97a
64
*111-%
*974
1%
105
J 03 lb
Feb
109% Feb
United Air Lines Inc————10
4%%, preferred ———._100
100
9%
7"«
*36%
'
105
*
104
113
5
100
United Aircraft Corp—
6,400
277b
111 %
;
14.200
15
111%
27
.
377a
15
"
64
36%
8
*7%
8%
1%
37%.;
15%
31%,
.
*50
31 Tu
36%
'
7%
*
lib
37%
15
101b
14
51
*50
49%
38
1%
: 37%
31%
15%
1477
14%
17.
15%
104
40%'
*175%
180
*177
400
10
*77
7774
77 31
:
78%.
178%
27 7a
37%
105%
1614
*1534
16%
16%
*773i
65%
•
■
11'.
-*• >~
10%
10574'
37
105
'
*64%
27
-*26%
65%
27
'
106
7'
'
11%
11
11%
11%
*105%
7
*G?i!
■
65%
400
10%
39
105%
10
88%
106
105 71»
'300
7b:
.15%
,
9%
66
66
22
37. *3
.
10.5
67
100 '
120
*22
*112
27.200
,
%
15%
9
977
*65
16:100
'
1%
r
*102
1051b
9%
97«
27%:
37%.
15%
.
67
*27
20
noh-cum preferred
— --100
Tank Car———No par
4%
Union
300
32
*117 7a
:
22%
22%
"
82% Jun
Jan
8
Sep 25
7
x76% Dec
Jun 26
14
Sep
917 Feb
Paper
No par
Union Carbide & Carb—_—No par
Union El Co of Mo $5 pfd
No pat
Preferred $4.50 scries
—No par
Union Oil of California—-—
_25
Union Pacific RR Co_
.100
900
14,300
31
*112
■
377h
a
■
*64%
.
119
119
23
1.800
2.000
30%
*106
327b
3,100
1097b
29%,
30%
108
31%
120
*119
27%.
'"l%
'
'
1%
1%
1Tb
37 7a
*9 T»
,32%
■'•'•*22 %'
06
■>
27%
30
108
32%
22%
*04%
*27%
115
277b
30%
*112
*6517
1%
28
109%
•*112
377.1
9977
277b
30%
120
*112
.
109%
99%
*107%
32%
*22'■>'
4
277.
27 3 4
28
31
109'a;
112
112
1097a
100%'
1011
*119
■■
22Tb
109 Tb
1C0%
109%
*113 7a
30
115
18%
101%
31%
120
227 B
22 3 7
22%
187a
*123%'
109%
30%
33%
31%
120
33
*1:18%
18%
1087a
115
109%
109%
110
*108
110
80 74
118 7a
18%
27%
31%
303a
31Tb
31%
28%
28%
'
80
*118
101%
*101%
"
4,500
803b
42
66
7
76
Union Bag ■&■
118%
18%
18%
.1.09
109%.
101%
101%
12,400
80
18%
187V
1317
13
13%
13 %
Under Elliott
*118
'■
80%
118%
*113%
114%
114%
109%
110
10.!.%
118%
*118
18%
18%
18%
18 %
*169%
80
*118
80
79%
80Tu
79%
80
'
13
13%
13%
13%
13%
'•
•
'
:
800
60
*59 7b
60
.60
617 July
2%
Ntv
30 %
No v
59%
Jan
75% July
Jan
165% NOV
150
41% July
,
.
39%
12'
12%
■12 V*
317:in
,12%'
28%
28
*1161
117%
-
*116lb
18%.
197.
18%
12%
12
2,8 %
28%
28
*316%
18%
18 3 b
1914
18%.
393b
12 Vo
12%
12
28%
117
'
28
28 3 4
.
117
Vanadium ;Corp of
2.600
V an.'Nor man
29
%
28%
11717
2,900
1st preferred——
.100
*117
1177b
17%
18%
18%
18Tb
18%
187b
13%
13
13%.
137b
137b
14%
14
5,800
13
13%
13%
50
50
50
50
49%
497.
49
4974
*49
$0
1,700
51
5017
18 Vis
2,500
18
18%
18
a
1314
*74
80
*72
80
80
*74
,80
*70
82
*74
82
*76
23%
*23%
81
*76
231
23 3
a
t
i
23%
24
23%
3%
3*4
33
t
33
55'
a
55%
53 %
54%
117*4
117*. 4
117%
451
*43 V*
44%
117%
*43J
4
.
42%
*40
30'
*30"'4
a
130
*120
42%
*41
3677
30%
42
*36
42
3 63 it
130
,3 3
*74
82
*76%
24
,
23%
3%
a
54
*53%
117%
117%
45%
*41%
36%
36%
130
*123
3%
1.201
537b
53%
1,200
11777
.42%
367
*36 7s
*123%
900
3 Tb
220
*4374
11717
4517.
42%
42%
300
-
45%
42%
82
237b
3%
53%
118
*
130
'•
*3677
*123%
36 3 7
400
130
'
52
6
11617 Sep
Oct
41
preferred—-— .100
—5
Victor Ghemical Works
—
Va-Carolina, .Chemical —No par
100
£% .div partic preferred
loo
Va El & Row $5 pre%!
,—L
100
Va Iron Goal & Coke 5 % pfd—.
-25
Virginian. Ry-. Co———.
_26
6% preferred———100
Vulcan Detlnning Co——.
70
non-cum
l
100
%
-
102
Jan
149'
Feb
40
Jan
33
Jun
Apr
.
Mar
58 3
59
4
12
12
30
*29 3
4
104 3
a
104 %
*60 3a
61%
*18%
8%
For
19
8%
58%
5877
12
*12
12
30
30
30
*1047a 104%
607b
59%
87b
footnotes .see
8%
page
1879.
.12%
30
*1047b 104%
59
597b
*1874
19
19
58
8%
19
874
*5674
12
12
.*2974
*104%
59
56
;
30
104%
59
18%
18 Tb
.8%
87b
58
*57
127s
12
*29%
30
*104% 1047b
*58%
18%
.
.
87a '
58%
18%
87a
57
*11%
29 77
58
1,300
12,
800
30
500
59
4 Va %
preferred-—100
System..
Walker
—
——100
(Hiram) ,G & W
:59
900
19
500
fMv redeem
6,200
Walworth Co
8%
.
—No. par
WalKreen .Co—:—^
-No par
Waldorf
4%^> preferred
*104% 104%
*1877
87b
Wabash RR
preferred
-No par
—No par
No par
107b Jan ,19
26% Apr
1
104% Sep 19
48
Feb
4
17% Jan 12
7% Jan
3
12%
Feb
37%
Oct
Oct
120
40% Dec
44% Oct
51
57
Jan
Feb
67% May
20% Nov
120
2% Jan
39
Jan
Aug 23
52
Mar
7
20% Jan
43
Oct
3
27
36% Oct
20
.125
155
Oct 20
July 6
Jan
29% Jan
59% Mar 13
-
12% July 10
30% Oct' 6
108
July 31
61
Oct
6
19
Oct 23
10% Jun 27
Aug
65
26%
Feb
8% July
68
% July
45"
40
Oct
Oct
3574 -Sep
80
Jan
110
Aug
113
Jan
150
Nov
w
57%
257b July
25% Aug
1
517 Mar 24
62% July 5
3
37
115
.
85.77 July 21
11
7
14
17
21
19
4
14
38% Feb
Jan
14% Aug 30
51
Oct 21
21% Jan - 1
■3% Sep' 14
50 ; Sep
113% Jun
Jan
8%
25% Jan
80% July 27
Jan'25
Feb
15%
17
20
63% Jan 15
100
5
12
12% May 15
„
,—5
Co.
Vicks Slireve & Pac .Ryl_
Sep
119% Jun
1774 Oct 24
Co -6%
Viek Chemical
Preferred .2———
*146
*146
—v
13% July 11
———
Verticntes-Oa ma guey .Sugar
.5%
2377
23%
*4374
42%
*7677
82
37B
53%
*117
*43
*146
*146
*140
*140
.
3123
130
*120
3%
3%
53 %,
52%
117% 117%
45%
*43%
80
*73
18%
13%
Rights common
23% July
4
,Oct 20
28
'
80
17'*
77%
20
ceoii—-rr,—l—l. 2.50
4
.•917 Jan
-10
2874
Van Raaite ;Co-Tnc——------:
5
1777 Jan
par
3.100
1277
.
"
12
*117
117
'
28
Am———No
187b
1277
18%
18Tb
■"
Dec
24% Jari
7% Jan
40%
20% Jan
28% July
103 *
Feb
38% Jan
157b Jan
4% Jan
117b May
109
54%
Jun
Oct
18% May
877
Jun
Volume
■'•■' Number 4329
160
THE COMMERCIAL & FINANCIAL CHRONICLE
'
1879
NEW YORK STOCK RECORD
LOW
AND HIGH
SALE
Saturday
Monday
Tuesday
Wednesday
Oct. 21
Oct. 33
Oct. 34
Oct. 25
jr per
share
,..*9%
s per share
*1%
$ per share
s per
*8%
10
*9
*9
*31%
25
20%
30%
9%
9%
1%
1%
1%
54
12%
*53%
55
53%
12%
12%
12%
31%
*30%
31%,
*30%
31%
30%
25
19%
'
*24%
20Ve
23%
1%
19%
9%
9%
29%
9%
23%
23%.
: 2Vk
81%
81%
81%
*8JL
24
23'%
23%
*94%
96
96
96
96
9%
23%
*81
108
*107%. 1.09
99%
99%
117,%'
117%
24
34%
' 23%
34%
*4%
33%
.4% '
*4%. "4%
11%,
11
11
44%
44%
43%
44%
26%
26%
28%
*26
106%
*136
139
139
*136
.
*33%
33% ;
"30
31
97
107
r-107.
099
100 ! !
117%
117%'*117%
23%
33%
33Va
4'/a
4%.
12
*10%
•■%%
12'
43*
43%
'
Va ' 25Va
•
4%
*25%
26
25
'
'300
•
10.400
25% '25%
;
27%
!
33%
.*30
31
.30
30
109
109
109
109
106%
106
106
104%
104%'
103%i;i04
136
*33%
27%
104%
136
136
136
136
28
139
33%
28%
103Va
*33%
'
33%
28%
'
'28%
137%
.
*66.
70
*1G1%
*66
;
104
v
*105%
33%,
33%
*29V2
31
307/8
30%
.
109%
<
109
109
109
109
106
ios
106
106
466
70
*64
69
101%
101 Va
30%
29%
"30%
82
82
82%
82%
20"
20
20
20
25
26
*30
;
104
104
26%
26%.
8%
8Ve
85
85.';
*82
*28%
■'<
.
15%
7%
15%
.14%
10V«
9%
97%
13%
13%
*124%
13
*124%
,
36%
*74%
—
20%
43%
34%
44%
82
,
82
*70
.
74
*72
14%
34
14%
*18%
19.
<
39%
.33
13%
17%
41%
41%
41%
85
8Ve
8%
■
85
*82%'
84%
30%
*29-
VA
15%
14%
15%
10
9%
97
96%
13
13
,
14%
,
10
'
963/4
13
*124V2
;—
*124%
35%
35%,
72
' 74M»
■
7
*80
1
82%
81
73%
73%
32
32%
32%
13%
13%
18%
38%
38%
105%
*105%
17
41%
5%
5%
sales
on
this day.
41>A
.
41%
.5%
fin receivership,
a
38%
*17
5
t7,1944
''} Shares
1.1 356,530
Sa tu rd ay
Monday^—
Tuesday
n
1,024,6°0
—.
'
Sales
853,820
638,225
5,807,200
197,000
6,000
6,010,200
927,090
6,251,000
352,000
3,000
.
4
827,335
4,706,000
296.000
1,000
$34,024,900
$1,667,000
$32,900
-
Stocks—No. of shares
—:;
$32,900
1,667,000
$66,200
2,313,000
34,024,900
51,581,800
Railroad & industrial—:
Total
;
-
————i
$35,724,800
24
31
Jan
40
July
13
32
77
Mar
3
104% Aug 25
85
32% July 10
18
Jan
84Ve July i4
22
July 38
29% July 7
58% Jan
15
Jan
13'/4 Jan
t
20
Feb
7
_1
5
Jan
26
x64% Jan
9% July
24
87% Oct
Jan
27
14
30Aug 29
9% Apr
5
6
2%
3
4% Jan
24
713% July
20
7Vs
Jan
86
Jan
27
2%
Jan
Oct
6% July
9% Juii
40
3
20Va July "5
2,% Jan
3
11% July 10
4*%
4
97
10% Jan
5
14Ve July 14
20% Jatt
47% Jan
123% Sep 25
<
27
125
•
24
Sep
86Va
Oct
Jan
11% Apr
115
Jan
121
Deo
6
17%
Jan
24V2 July
11
30%
Jan
42Va July
4
July
37
Oct
20
16%
Jan
25%
Oct
5
75
Oct
18
44%
Jan
54
Jun.
Jart
"5
77
Oct
21
46
Jan
57%
Jun
69V2 Jun
8
87% Mar 14
78Ve
Dec
Apr 26
73% Oct 26
58%
Jan
70Va
Sep
36% July 17
15% July 20
20% July 14
21%
Jan
31%
Sep
Jan
42% July
5
30
11
82
49
'
58
1
_25
27%Mar
6
9Ve Apr
14% Jan
25
1
3
33% Apr 24
100
No
9Va
Jan
9
44% Oct
par
preferred series A_
Apr
3■,
No
—
Jan
57%
18
Sep 30
96
Jan
6
par
13
Jan
3
No par
33% Jan
3
1
3% Jan
105% Oct
18% Aug 30
19
wd When distributed.
.44% July 12
6% July
x-Ex-dividends.,
5
108
Apr
—
—
7%
Jan
Jan
9Va
17% July
41 Ve July
98
Nov
Jan
16%
Jun
19% Jan
2
Jan
37% July
4%May
y Ex-rights.
Stocks
Borids (Par Value)
(Number
of
;;
,
'
Week Ended. Oct. 27f 1944
Saturday—-—
.
L_
MondayTuesday—
#
:t
Domestic
158,955
•
$21,000
$4,000
406,000
Total
431,000
243.590
480.000
5,000
201,415.
497,000
133,000
254,440
456,000
91,000
454,000
6,000
4,000
464,000
$256,000
$8,000
$2,801,000
"240,295
—
212,217,992
1,422,230
——
i
.
$2,537,000
1944
240,631,464
$5,019,800
•
88,269,000
Stocks—No. of shares
2,123,846,900
1,422,230
4o«<ti
.
485,000
.
630,000
547,000
$2,537,000
Jaiii l to Oct. 27
Stock Ind Bend
Averages :
Below dre the daily closing averages: of represertat;ve stocks and bonds
listed on the New York Stock Exchange as compiled by Dow Jones & Co. '
-Stocks^
-Bonds—
10
Total
30
20
15
Indus¬
Rail¬
tltili-r
trials
roads
I ties
stocks
October 21^.-,
148.35
42.00
23.94
October 23—i—*.-
146.58
■
65
10
1
FiVt
10
Second
Indus¬
Gr»de
trials
Rills
Rails
53.03
107,^3
H0.*0
85.24
<.
..
62,024,097
$2,8Oi;OO0
—i—"
—
56,914,832
t«4!i
$5,262,000 $144,471,500 $183,852,000
172,000
8,568,000
11,484,000
18,000
1,134,000
1,183,000
$5,452,000 $154,173,500 $196,519,000
\
*
■Total-
1,195,685
1944
8,000
Foreign government—J—
Foreign corporate
V
1943
.
Domestic
$2,802,775.5
100,256,100 i
2*736,518,200 .t
:
$244,000.
;-w—
Friday
Total
Corporate
$244,000
323,595
Foreign
Govern merit
—
Wednesday--^,:
Thursday-
V
Foreign
Shares)
:
10
Grade
Utili-
Total
40
ties
Bonds
107:36
•
1Q7.18
41.43
23,54
52.85
107.16
110.55
84.58
109,29
102.89
October 24
146.58
41.«2
lO-'.l'S
ll". 55
84.33
41.49
52.89
107.19
110.55
84.45
/ 1Q9.20
107; 22
102.81
146.37
29.62
23,65
52 «3
October 25-%—
October 26_l____
14.5.83
41.11
23.48
52.56
106.86
no.°8
84.13
10% 10
102.61
October 27^
146.29
41.19
$3.40
52.67
106.89
110:36
84.03
109.05"
102.58-
102.85
,
Oct
*20%
13
Oct
jun
22% Aug
Jan
Feb
~
'
Special sales,
Apr
99
Oct
24% July
60
Jan
7
Wo par
s
52
66%Jan 28
7
—4
—
July 17
20% Feb
Feb
July
29% May
112% Jun
—
97% Jan
19% Apr
sale,
22% Nov
106% Jan
106% July 13
59% Feb 19
I *>43
$53,961,000 $2,217,215,700 $2,839,577,075
Date-—<
July 21
110% Aug
4
105% Jan 12
101% May 26
36% Jan
•
U. S. Government
Foreign
Jun
24%
Jan. 1 to Oct. 27
4,132,870
—_i——■£
$35,724,800
1^44
1943
4,627,690
36
Week Ended Oct. 27
Week Ended Oct. 27
2944
4
Zonite Products Corp
5,003,000
4,627,690
—
Jun
32
Jan
25% Jan
Zenith Radio Corp—
6,606,000
-
130
3.200
$3,946,60(1 i
7,795,900- i
6,363,100 I
$4,000
6,000
12,900
Jan
"18
Bond
$238,000
•350,000
234,000
$3,704,600
120
Daily, Weekly and Yearly
Government
Bonds
4
,
Total
Bonds
Oct
'
*
7,439,900
6,116,200
,
Thursday—.4--'—1———Friday
—
Total
Bonds
,
100
144
Transactions at the Mew York Curb Exchange
United States
Foreign
Jail
8
•
Wa par
Ma^
Jan
127% Mar
"
—10 "
Youngstown Steel Door
rCash
Nov
15%
57.400
New Stock.
.
.
——————
Wednesday—.——;
and Miscel.
i/'J-x
22
Apr,
Apr
49% Oct:
24% Dec
81
"
5%%
11%
Oct
2
,—10
140
1,500
6%
Jan
19
——-10
Exchange
Railroad
Number of
5.800
.
.5%
Weekly and Yearly
Week Ended Oct,
V'
V
40%
40%
5%
Deferred delivery
Transactions at the Ne» York Stock
Stocks i
17%
Jan
5%
Sep-
Dec
28% Oct
Young" Spring & Wlre__
No par
Youngstown Sheet ti Tube—Wo par-
1.800
2Ve
Wo par -
Yale 8s Towne Mfg. CO—
York Corp
3.800
'
.
31%
37%
8
Jan
80% Jan
-
Wright Aeronautical
Wrigley IWm) Jr. (Del)
2.400
....
*105%' 106
17
41
18%
38
39
13%
28%,
•
32%
13%
'
105%
17
5%
5%
.
38
105%
17%
.41
41.Va
<
38V2
18% V
100
6% July 5
16% July 3
53% July 10
31% July 10
Oct'
110
108% Jun
Prior pfd 4% % series.
—100 "
Prior pfd 4%% Conv: series—100 "
500
32>A:
32
13%
81
72%
Jan
7
pfd_^10O
1A00
'
Jan
19
24
WoodWafa iron Co-
1.0^0
76
103
Jun
16%
Feb
—1
;
119
Jan
Apr
3
Woolworth (F W) Co__
Worthinsrtbn P & M fDel)
7.000
75
.
11
13
11%
21
Wisconsin El Pow Co 6%
-
.
22% Jan 20
par '
—20
Co
10
20
Motors—,
108% Sep
35% Jun
.
3
Feb
July 10
x91
100"
Co———
28
1
7% Jan
41
—No par '
preferred
$6 preferred
4
26% Apr 25
3% Jan
7
conv" preferred——Wo
Wilson-Jones
700
72%
,
73%
,
18Ve
:
106
*17
17'/«
81
-
—
85% Jan
113% Apr
—Wo par
Wilson & Co Inc———No par
12.000
35»A
34
32
13%
13%
I8V2
105%
.41%
76
81
18%
38%
/
74%
78
73'A
13%
17%
74Va
*74
18%:
■
35%
76
'
20%
1
preferred—.
Willys-Overland
<900
42%:
74
76
preferred——50
conv
Wilcox Oil
1*600
42'%
33%
74%
96%
*20>%
-43%
72
39/
14%
.
20%
42%
82
.
33%
,
-.'
^
*20
pdrtic
Prior
G.'fOO
*12%
:
Jan
$4
28.100
12%
—
109
20
9%
96Va
43%
87% Oct,
300
14%
9%.
12%
21
Jan
5%%
9oO
96%
43%
57
2.900
96%
*20V4
17
8Va
9%
43%
Oct
100% Oct
White Motor Co——
White Sdwing MaCh Corp
14%
15
Deb
118% Sep 18
6.800
:
20Ve
1 %
White Dental Mfg (The S S)—
•
79% NoV
Jan
8% Jan
3
1,400
7%
26%Juiy
69
Apr
5
25% May 31
Aug
20
24%
30
17% Jan
83
99
Wheeling & Lake Erie Ry_—_100
*7%
Dec
July
8% July1
10% July 5
25% Jun 19-
9
Jan
26
85
$5 conv prior pref
9%
18% Feb
——
■
84%
1
20%
Jan
Jan
Wheeling Steel Corp
30
par
23%} Sep
Jan
Jan
140
*82%
■
7%
par
Jan
67Va
870
13
*124Va
—
7%
Jan
Oct
50Va
2,900
'
2%
15%
12'/a
Aug 23
17
'
8%
17%
25
6
Dec
18
-
•
30"
VA
-<
11
Jan.
32%' Apr
22
Oct
79
24%
19
31
July
15% July
7% Jan
27
Oct
29
-
20% Oct
56
97
104
x20
i
30%
.
*80
82Ve
no
25"'
VA
74
and asked prices;
24V2-
•
33% Jun
6% Jan
3
22% Jan .26
77
Jan
6
<par
May
2% Mar
Jan
109
79
19%
30%
35%
5%.:,. 5%
18%
.
80%
July 10
26
3
28%
29%
79%
15
13
% Jan
May 18
15% Apr 25
1
12.50
WestvacO Chlorine Prod—Wq Par '
$4.50 preferred—
Wo par "
$4.25 preferred
No par
350
70
104
28%
<
8%
20%
.
38Va
5%".
8%
43Ve
,
.
.
105%
17
8%
74V2
75%,
38Ve
:
25%
34%
.
105%
39%
*27%
•Bid
.
25
74V2
75%
81
—75
18%. .18%
*105% 106
5%
75
82.
19%
,20Ve
■
36%
73%,. .74%
.
77
19%
20
' 25Va
*124%
:
20%
75
77
80%
13
.
44%%
36%
44
33%
13
21
*20%
29%
80
9%
96% ;
97
.
104
29Va
81'/a
14%
30
97.
.
*103
29%
100
106
*64%.
7V4
10%
*97
103
8>/«
*82%
x30%.
7%
15%
10»/«
•
«
85
30%
70
80
25.
7%
*64
28%
\20
*28%
*7
70
102 Va
'
8%
8
,
*105%
62
23
par
--5
Weston Elec Instrument—
'140
109
:
2I8 Aug 21
Jah 27
Highest
$ per share
Jan
96%Feb 16
1st
300
30
No
»
9
4%
11% Apr 24'
22% Feb 14
22% Apr 25
—-5
-No pat
-
•
$ per share
ll%Mar31
83
180
*■
33%
30
106
3.800
*33%
.
106
1.100
8.900
-
;■
45
Western' Auto Supply Cd——
-.10 '
Western Maryland, Ry———_100 '
4% non-cum 2nd preferred—100 '
Western Union Teleg class A_No par'
Class B_
—_L—
No par
Westinghouse Air Brake——Wo par '
Wastingliouse Ei & Mlg—
50 "
1.400
».
•
10%-.'10%
4343«/2
f
—50
«...
"West Va Pulp & Pap CO—Wei pat : .16% Jan
6% preferred—-:
1.;
,-100103
Feb
100
2.100.
r
4
4
700
v''
,
33%"- 33%
"
;630
f
,
*10%
43%
f
1% Feb
,—-No par
* per share
Jan 27
8
Lowest
West Penn Electric Class A—N© par
-
' ,140
340
»
117%
$ per share
No par
Year 1943
Highest
1% preferred———-100 :
8% preferred-———100
West Peiiii Power 4%% pfd—„_100I "
-160
!
*23
23%
*107%M08%
"
33%
•
300
,,
''*98%'100
,
108%
33%
1.800
18.800
97
108
43%
109
*108%
*33%,
.,
;
'
<97
23%
28Ve
.?23%
Par
Webster Eisenlohr——;
,JVo
Wesson Oil & Snowdrift—No
$4 conv preferred—
,JVo
West Indies Sugar Corp—
6.100
{
80% 81
'' "24%'
107
*107%
4%.
11,Ve,
400
24
108%
23%
.104%
*136
97'
200
9%
23-
81%
108%
,
1.900
9%
',
preferred—.
Warner Bros Pictures:
Warren Fdy & Pipe
Washington Gas Lt Co
Waukesha Motor CO—
Wayne Pump Co
200
*29% v.30
w
$7
10,200
24V^
> .23%
—
26%
27%
104
"
700
12%
23
23%
117% 117%,
44
*25 Va
28%
105%; 106%
>
■
43%
26 %
27%
28%
106
*10%
<
23*81'
400
-
Range since January 1
Lowest
Ward Baking Co cl A
Class B——*,—
300
*24%' 25%
18%-' 19
"
■<-
29%
■*107%
23V2
108%
33%
,
34%
34%
4%
*11%
25V2
*107%
23%
*107%: 108
97
99%
„
'
:
31%
100
„'108%
„
99%.
117%; 117%;,.;
117% 117%
23%
25%
97
108
98%
19
-
12%
*30
9%- '2%
81%
23%
96Ve
108
<
99%
99%
24 ,/ ,
107%
'
,
107%
'
'
25%
19
30 »A,
9%
1%
Range for Previous
STOCK
EXCHANGE
Shafts
*52%-54
12%
30%
*24%
19%
*29%.
23%
81 Va
■
.19%
"
1%
54
*154
25
.25
29%
■
.23%
25
19%
29%
'
,
*29% ; 30%
9%
10
24
108
*\ 9
154
54
12%
23%
*81
$ per share
9l/2
NEW YORK
the Week
*9" V
9Va
STOCKS
Sales for
Oct. 27
t per share
l5/a
*24%
20
30%
*23%
share
31%
.
32
*24%
9%
Friday
Oct.'>6
55
12%
1%
56
12%
12%
9%
Thursday
54%
,12%.
1%
..*■55
;
~
PRICES
256,000
,
1
1
,
Bond Record
Mew York Stock Exchange
«»
FRIDAY
Prices
NOTirF-
and when
the week,
The italic letters
RANGE
.
,
4s_
1944-1954
3%S-—1946-1936
Treasury
iTifnfSi
Treasury
3s
Treasury 3s
Treasury
'
—
2 Vis
Treasury
.
——1949-1953
——-—1952~Jne*
2 Vis
Treasury
1963-1968
1965-1970
—-—.-1967-1972
1951-1953
1952-1955
2 Vis—
2Vis
—.
Treasury 2 Vis—.
Treasury 2 Vis
Treasury 2 Vis J,
Treasury
Treasury
—1956-1959
-1947
2s——
Treasury
Mar 1948-1950
——Dec 1948-1950
Treasury 2s—
Treasury
2s
2s——
Treasury
.
2s
Treasury
.---Jun-1949-1951
Sep 1949-1951
Treasury 2s
-—Dec 1949-1951
Treasury 2s_—~—March 1950-1952
Treasury 2s
Sept 1950-1952
Treasury 2s
1951-1953
Treasury 2s
—1951-1955
Treasury 2s
———
—1952-1954
Treasury 2s
1953-1955
Treasury l%s_——
-June 15 1948
.
■
.
—
——
—
—
Home
1 V2s
110.9
111.11
111.23
111.16
112.13
102.3
106.3
111.9
3%s
102.28
106.16
106.16
108.4
Series. No.
59 % i
*52
103.22
100.18
100.11
100.17
*100.5
100.7
100
100.16
*100.3
100.5
100
100.12
100.3
100.3
1
100
100.11
100.2
100.6
15
100
100.14
100.13
100.16
100.9
*105.31
106.1
106.9
107.3
*101.28
101.30
102.8
102.8
*106.16
106.19
106.18
107.11
A
"100.15
100.15
100.2
100.20
AChlle
104.14
101.20
101.26
101.26.
10L8~
II
A
101.7
3
*100.19
100.12
*101.12
„
1
loT 5~
1945-1947
J-D
100.21
J-D
——-—1980
113 Vi 113%
37
16%
1
18%
16 %
I960
1-1693
-
a-o
50%
60%
4s—_1968
m-s
*67 Va
66%
66%
1945
AExternal s f 7s series C
1945
AExternal s f 7s series D__——1945
AExternal s f 7s 1st series
1957
AExternal sec s f 7s 2d series—1957
AExternal sec s f 7s 3rd series—1957
A Antwerp (City) external 5s
1958
Argentine (National Government)—
.
*
—
m-n
90 V
j
19%
19 %
18'%
19
134
10%
19%
39
39
19 %
4
17%
20
181 %
18 U
2
16%
18
18%
20
3%s
feereis
No.
3%s
Series
No.
3%s
Series
No.
'
""
'■
j-d
61
16—
3%s
Series
No.
33/4s
Series
No.
Series
No.
.■"■'I
a-o
1961
33/4S
Series
No.
No.
A-O
torn notes
see
page
*
J-D
*17%
1961
*17%
M-N
M-N
18%
:
*17 Vi
17
16
18%
18%
1714
18%
M-S
17
17
m-s
1G
16%
J-D
Oct
68 Yd
J-J
(S3 Yd
68%
48%
48%
57V4
A-O
69%
1
49
1947
14
17%
28%
57 %
22
68 %
A-O
39%
*40%
"
14
1947
F-A
*40%
36
1952
J-D
M-N
77 %
1951
M-N
29%
1949
M-S
>106
1949
F-A
*106%
1977
7s
(Republic of) 5s of 1914
4V2s
debt
J-D
42
102%
77%
5
29%
■
81
77%
30%
41%
41V2
,
59%
12
81
10
82
57%
■
79%
21
"
,302% 102'7»
33'%
108
103%
104%
*106
109%
148%
106
%
108 Vi
^100%.
,104%
148
J-J
-1953
112%
1945
J-D
.1^9%
152
A-O
*75
59%
82
A-O
*77
59%
75
69
89%
Public
wks
5V4&-
'
.
60%
Vis
5V2S 2d series—
A Estonia
Greek
A7s
part paid
part
93
•92
'
.
101 '
98
88
57%
•'
59
100%
Mexican
106%
11
50
47%
*
63%
56%
:
56%
47%
,
44
63%
i
"
A-O
*_
;-d
'
"
J-D
>-
■
./
57 Vb
29
62%
—
.
49%
64%
56
60 Vi
'
—
100%
84
101
*100% 100 %
J-J
*46
A41/2s
A
.
*105%
w../■
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(State Mtge Bk)
19%
34
16%
17V4
105 Y*
100
:
16%
22
3-D
.
*16
I
Assented
Nov,
to
5,
m-N
1942,
--'12v8-
19
"q-j
.—1945
A Assented to Nov. 5,
1942, agree
AAssentine 4s of 1904—
-1954
Q-j
of 1899
—.
16%
97V-4
88
98%
lOVV.
11%
A Assented
5,
Nov,
to
4s of
1942,
10%
9%
17
*17
*10%
A-O
14%
agree
1-3
1-3
14%
>17
57
32
54 Yd
61%
54
55%
10
54
13
14%
56 7
54 V 4
'
*
a
23
54
54
54
56%
28
54
55 Vi
55%
1
61%
"
61%
54 V4
SECURITIES
62
'
*52
55
57%
FIRM
TRADING MARKETS
'
—
'■
2
55
VB
*52
'—'
~~
54%
60
54.
55
*52
58%
54
*52
54'i
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59 Vi
*52
59 %
54%
55%
r*.ARL MARKS & r.O. Inc. <
60
55%
5
58%
54
—
54%
54 V*
58%
5
54 Vi
54%
56%
56 Yd
5/%
13
54%
#)%
—
—
SPECIALISTS
56VV
54%
FOREIGN SECURhlES
-
'
■
-
__
__
—
—
54 Vi
54%'
*52
*52
54%
■
.
*52
--
*52
54%
—
do
-V
50 Broad St., New York 4,
Telephone IIAnover 2-0050
14%
19
For Financial Institutions
FOREIGN
,
18%
58^'a
55
*56
16%
18%
'
•
10%
16 Ve
*18%
61%
;
,
14%
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54
•
16%
11%
9%
56
54%
.
10%
12%
--
55
17 %
'
1910
:
10%?
*19%
•*
0
33,
.
;
10%
—1945
AAssented to Nov. 5, 1942, agree
§ A Treasury 6s ol 1913 assent _ 1933
AAssented to Nov. 5, 1942, agree
AAssenting
*10V/a
*16
"3-D
19
32
97%
10 Yd.
agree
extl 5s of 1899 £—1945
(US)
19%
98%
100 V« (
32
32
3-D
..1943
assented
21%
16
75%
95 V8
96
Irrigation—
stamped
45
101%
■
19%
■
(Colombia)
AAssentine 5s
.
30
49
100
J-D
j.930
7s—1'«57
6V2S——-1954
(Prov) 4s readjusted——1954
101
-
85
*100%
102
74
61
58 Vi
2
13
M-N
A Jugoslavia
92
100% 100 %
V100 Va
.96
AMedeilin
84%
100% 100V4
„
A-O
a-o
Mendoza
56
paid
89%
100 (4
A-O
Irish Free State extl s f 5s
65%
67%
86%
(Republic) ,s f 6s series A—1952
102%
.
10
Government—
100%
56
82
*100
1988
-
.71%
92
1964
A 6s
101
12
-.1949
93
Haiti
86%
*100
M-S
—1967
1949
7s„
French Republic 7s stamped—
7s unstamped(Republic of)
,81%
11
A-O
_1969
1969
1st series
86
%
85%
A-O
_194Q
Customs Admin 5'/as 2d series—1961
5
82
-85%
M-S
series sink fund 5»/2.s
2
..
A-O
§Alst series 5V2S of 1926——1940
§A2d
86
:
85 3k
F-A
,1942
External gold 5 Vis
.-—1955
External gold 4V'2S—
——1962
IA Dominican Rep Cust Ad 5,/as_^_1942
1
<
J-J
lADenmark 20-year extl Gs—
99%
92
16
.
1884.
51V4
34 >
1953
external
M-N
—1948
5s_.
loan
69 Vi
•
34
*40 Va
'
Sinking fund 7s of 1927
(Rep of)
17
14%
16
68%
1961,
1970
38
16'4
2
11
29%
A-O
1901
_Jan
bonds..
(City)
*25%
18%
18%
15%
18
i960
f $
15%
17 %
18
1951
.
;
38%
18%
18
*16%
'
19
17
16
18%
.—I960
(Hukuang Ry) 5s
(Republic of)—
s
67
17 %>
16 %
18 %
A-O
1962
Cons Munic 7s—
Rica
A-O
—1962
;
101%
60 Vi
58%
—
A-O
—
20——
■cv,-
*
59
v
19
Series
J-D
—
:
18
3%s
17%
18
■
19%
19%
16%
*16%
J-D
;_1961
1928
A Mexico
.
-
17
3%s
J-D
6%s
1927
'
'
62%
61
...
...
J-D
—
15
-
96 V4
95V'2
104% 104%
j-d
10
12
13
14
M-N
1957
19
16%
17%
•
-
19
17^4
a-o
1983
82%
-
51
100 % 100%
11
No.
1
■
1957
assented
external
'
19 %
18%
89
42
99% 100%
99% 100 V4
.93%
98%
86
•-
j-j
'
No.
90
••
2
a
Series
20
16%
J-J
m-5
82%
1
90 V4
-
13
89 %
'■
—
Series
99%
-
30%
56%
19
93%'
101% 101 '/a
*.
Series No.
191/4
J-J
6Vis
assented—
of
31
16%
m-s
1953
16%
3
29%
91%
96%
8
3%s
31
91%
-
8
—
3%s
20
16'%
1961
sinking fund 6s—
of
31
'10018
,
3%s
35
16%
-
>100
m-n
i 6%s of
Q
17
7
34%
89 Vi
m-s
..
TVT^
35
99
■
j-j
(U S of) external 8s
1941
Stamped pursuant to Plan A
,
(Int reduced to 3.5% %1978
AExternal r f 6%r of 1926
J_1957
No.
17
a-o
'
C»
34%
.
35
99%
:
F-A
i ABrazil
Series
17
92%
m-n
^
1
*29%
"
92%
loan 4 Vis
O1"
34%
.
35
29%
j-d
f
3%s
17
*29%
a-o
f external 4%s__
Stamped pursuant to Plan A
(Int reduced to 3.5%)
—X978
5% funding bonds of 1931
stamped pursuant to Plan A
(Int reduced to 3.375%)—_1979
External $ bonds of 1944 (Plan B)—
33/4S Series No. 1
—
3%s Series No. 2—
3 %s Series No. 3
3 Vis Series No. 4
3%s Series No. 5
3%s Series No. 6
—
3%s Series No. 7
7
A-O
S
1997 _ __1957
Stamped pursuant to Plan A
(Int reduced to 3.375% )~—1979
A7p 'Centra) Ry>
—1952
35
34
34
A-O
S
s
~■
*33%
•—«.
j-j
1948
1971
8 f extl eonv loan 4s Feb
1972
8 f extl conv loan 4s Apr_——1972
Australia 1 <Commonw'lth) 3s of '25^1955
External 5s of 1927———.—1957
External g 4Vis of 1928
1958
Belgium external 6Vis————1949
External s f 6s
1955
■'
34 Va
'
j-j
•
■
86
34
j-j
AExternal
19V4
17%
1981
assented
Chinese
4%s
*60
Stamped pursuant to Plan A
(Int reduced to 3.375% )——1979
53
1961
Guaranteed sink fund 6s—_1961
External
60
—
38
18%
Sep
Sinking fund
Cuba
53
External s f 7s—
18%
18
18
M-N
A Costa
T eletype
*60
—1943
ccnv
18
•'
Jan
25-year gold 4"2s_,
F-A
(Dept) coll 7s A
s f 7s series B
A-O
1981
19
19%
'
(Rep of) 8s ser A-1951
ASinking fund 8s series B_
-1952
j-j
AExternal
19%
19%
...
V»
45
18
18%
Mtge Bank 6'68
ASlnking fund 7s of 1928
"
AAntloquta
105
18
19 %
AColotnbla
——1947
—1948
(King of Norway)
101%
45
18
A Czechoslovakia
(Colombia)—
fund 6s
sink
AGtd
Akershus
104%:
*103% 103%
A-O
A
Mtge Bank
303% ;
1031%
A-O
a
114
Municipal
sink fund 6s
103V«
10z%
m-n
-I960
Sinking fund 5VaS
AGtd
103% '
10DA
1
A6V2S assented
Wertheim & Co.
Agricultural
106%
lOlV'a
4
Jan
assented-—.:
Copenhagen
&
104 '/*
9
18%
1963
A
Govt.
17
18%
A6s assented—
Foreign Securities
Foreign
106% 106%
f-a
Aes
NY
110%
*25
_Sep 1961
3s
New York
108%
*104% 104%
f-a
AGs
Broadway,
62%
14
102% 102%
J-J
Feb 1961
Colombia
120
88 V4
'
AExternal sinking fund 6s—
1982
AOs assented
—1962
A 7s
2-2300
50
4
A
REctor
731%
73%
1
m-n
assented-.
A 6s
York Stock Exchange
3
59
;
102 Yi 102%
106%
162%
m-n
Feb
A Chilean
Member* New
80 »4
82
f 7s—1942
s
sinking fund 6s
A 6s
Telephone
86 %
79
1942
External
A Guaranteed sink fund 6s
.
87%
109% 110%
J-J
1954
A6%s assented
108%
19
95
86%
72 V4
7
81 Yd
m-s
100.28
107
81%
59
J-J
1958
A
113 Vi
81 Yi
assented
6s
a
10u6
100.28
II
101.14
*100.20
8OV4
M-N
sinking fund 6s—
A8s
104.27'
*104.25
A- O
J-J
AExternal
100.21
100.12
90
80
;
102
72
46
79
79%
J-J
15
8a
assented—
A Extl
79%
F-A
,
99
95%
*90'/«
M-S
J-J
15
ABy external s I 6s
101.10
100.5
100.28
100.16 100.19
100.9
100.19
100.21
__
M-S
1948
1953
AExternal sinking fund 6s
A6s assented
A Extl
101.19
101.20
101.6
3
101.15 101.15
*101.5
„
1 04.8
a
el00.21el00.21
J-D
J-D
3s
(Rep)
92
*102% 102%
15
Jan
(City)
99
101102
J-J
Jan
—
a
Carlsbad
101.31
__
—
-
3S
101.31
101.26
•
-
99%
A-0
Jan
2»/as
104.8
.
*101.19
__
3s—
101.23
„
"
3Vis
3s—
30-year
58 V4
92
I960
1901
1907
1968
30-yr 4s
(Dora of)
25-year
30-year
A 7s
102.1
*101.21
—
Canada
f $ bonds
s
52%
96%
98 V\
F-A
J-D
1975
—1984
f 4'/a-43/4S—
s
external
3%
103.28
*101.24
.
—
External
55
59
5b
-1970
104
103.17
■
96 34
M-8
—.——1957
f 5s
s
External readj 4%-45/$s
107.7
103.29
*104.12
(City)
•
r———
—1961
^.1977
___-1976
107.7
*103.26
30
stamped-,
106.29
*101.31
i
55
*100.16
—
:
55 Yd
103.29
100.18
58%
591/2
*52
A6s
/
551% '
591%
581%;
Refunding s f 4W4,/2S
-
60
54
5
54
103.24
100.3
54
54
External s f 4l/a-4%s—;—
'
19
54
54
Sinking fund gold 5s
—1958
Sinking fund gold 6s———.—19o0
Buenos Aires (Province of)—
L
53
*52
*103.27
*106.27
55%
.541^1
54%
*52
*103.22
:
55%
■
26——i.———
Brisbane
106.31
.
High
55%
■
*52'.
Series:'No; .25—
3%s Series. No.
106.24
*106.14
-L
3%s Series No. 27—————
3%s Series, No. 28—.
—
3%s Series No. 29—;
I;—
;
103.9
106.3
Low
No.
55 Mi
53
53
;
112.6
111.7
102.14
: •
*52
—
3-?4S
111.13
111.6
Range Since
January 1
Sold
H-ah
•'*
*52
•
•
—
—
.ji-
No. 23_:
Series' No. 24
3%s
111.15
111.7
22—*.—,
No.
Series
3%s
109.12
111
.
•!*
i
No.. 21—;
Series
3%s
106.24
109.3
(Continued) —
bonds
$
Series
Bonds
Friday's
'
103.11
106
108.21
102.2
or
Low
AChlle Mortgage Bank
Owners'Loan Corp—
series M
New York City
Corporate Stock
110.13
*106.1
■
—
Transit Unification Issue—
3%
104.20
*102.12
//"
J-D
J-J
J-D
M-S
J-D
M-S
J-D
j-j
M-S
J-D
M-S
M-S
M-S
J-D
j-d
—-—.__1954-1958
—
104.8
*111.4
—
J-D
J-D
J-D
M-S
M-S
i—
—
103.26
"
M-S
M-S
-June 1964-1969
——;—Dec. 1964-1969
Treasury 2 Vis
110.19
*110.30
„
2Vis
2%S~
Treasury
105.18
109.28
*110.30 111
Treasury 2 Vis
Treasury
104.3
109.31
3%s
.
1952-1954
—1956-1958
*
104
*105.30
,
External
106.9
Week's Range
Last
Sale Price Bid & Asked
(Continued)
Brazil
1 00.29
105.9
-
*108.19
M-S
J-D
M-S
J-D
J-D
J-D
M-S
J-D
—1948
100.25
104.9
*102
__
1948-1951
—1951-1954
1956-1959
——1958-1963
.——1960-1965
-1945
-—
100.20
*103.24
M-S
Period
111.23
110.10
*109.29
1
Friday
Interest
York Stock Exchange
New
High
Low
m.
High
110.2
*103.30
*'
,
__
.
—
—
2 Vis
Treasury
1951-1953
-—
2%STreasury 2%s—.;—.
Treasury 2%s_
Treasury 2%s
Treasury 2%s
Treasury 2%s——
Treasury 2%s_
Treasury 2 Vis
Treasury 2%s„..
Treasury 2 Vis
Treasury 2 Vis
Sold
111.23
M-S
OCTOBER 27
ENDING
Range Since
January 1
*104.7
.
—,
Treasury
disregarded In the week's range, unless they are the only transactions of
account is taken of such sales In computing the range for the year.
BONDS
Bonds
s
*110.11
{"5
r'R
3%S-—
3%s
Treasury
WEEK
*100.18
—
J-D
-——
FOR
*110
f'P
;
Friday
Low
1
"
4%s--
Treasury
or
Sale Price Bid & Asked
Feriod
S. Government
U.
Last
Interest
'
Exchange
,
Treasury
YEARLY
-
Week's Range
Friday
BONDS
New York Stock
WEEKLY
-
defaulted bonds. Cash and deferred delivery Bales are
outside of the regular weekly range are shown in a footnote in the week in which they occur. No
in the column headed "Interest Period" Indicate In each case the month when the *rad* mature.
interest"—except for Income and
"and
are
Monday, October 30, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
1880
N. Y.
Teletype N. Y. 1-971
■ W-*
a
i
'
Volume
160
Number
-
THE COMMERCIAL & FINANCIAL CHRONICLE
4329
1881
NEW YORK BOND RECORD
RANGE
New York
Stock
■"
"
bonds
■
'
*
-
Exchange
■.
"
:..
.
Last
Bonds
Friday's
or
Sale Price Bid & Asked
period
FOR
a
Sec external
A sea
A
(State)
Low
Series
A(ls
New
South
Norway
f 64s___
f
sink
fund
a
*
Vo.
*100
11
,
■
'
<
27
High
39 4
F-A
A-O
44s__
1956
M-S
4%s___
1965
A-O
of)
loan
cxti
__V
—'
lbo
"
101
94
98
88.
88
83
90
*86
M-N
*924
1963
M-N
*924 '
.
984
61
__
A-O
A_raoj
90
mod
Ext
ref alia
sec
3%s
APcrnambuco:
to__,._____1994
ext
series B____„„1967
(State ,on
7s
'
87
■
.
94 4
A PeruA
reduced
BONDS
'•
Rep 01)
i
-.2008
I 6s 1st ser
Stabilization loan
fund
a41/23 assentedAPorto
a
Alegre (City of)
ARio
(State)
Janeiro
de
*15
A-O
*31
A-O
*20
24
1950
J-J
*27
J-J
*15
8s__.i_____1961
External loan 7 Vis
extl
Was
(Int
reduced to
Rio Grande do Sul
A6s external
Stamped
(Int
A 7s
Santa
pursuant
Paulo
32
124
26
29 4
14
31
22
12
26 4
36
-
504
100%
1024
43%
5
38%
13
30
1926
;i
sink fund 4s__
(State)
1
39
38
10
29
M-N
374
10
34%
37 4
1
34
4:3 "/a
1
34
424
404
404
.
Af-8
884
884
*414
44 4
Af-N
374
38%
"*5
J-J
._.___,»1938
46%
474
2
434
434'
48%
A7«
reduced
fcxil
to
loan
water
46
4
46 4
J-J
1956
—
Afi<*
to
reduced
cxU
dollar
2%)
81%
M-S
474
tint
reduced
30
50
A
secured
A 7s
series
sec
37%
464
*34
A-O
65
44
40%
35
56%
62%
62%
Af-N
13%
144
2 "
Af-N
144
14 4
1
■
■
J-D
*15
100
100
1
%
!
7s—
11%
External
M-N
1979
Af-N
Af-N
•
12
.1951
1st 34s_.__1951
Indus
Loan
series C...1960
2%s___..__i950
debentures.....^,
1956
M
series
5s
76
Railroad and Industrial
Companies
,
76
JA5S
,
A
series
A
Stamped.
plain
74
73 4
76'%
754
91
.
76%.
76
'66%
15
:
79
59
1st
mtge
3
10
224
17
2
10
204
7
3 %s_.
1960
...1966
A...
»
-
;
1947
(Nov
I
«,
1944)™.
.-1966
100
modified
(interest
100
"71
A-O
A-O
A-O
A-O
?
..1964
3 Us series E—
Atchison,Topeka & Santa Fe-—
mtge
at
Knox & Nor
Coast
General
Called
1st
r~S.
92
90
95
415
67
103% 103%
17
'
,„v..
106%
103%
85%
81%
7 103%
gold
(Nov
>•
86%
r
103
Term
.1955
Bldgs 5s gtd
Elec
107 4
110
20
108
281'
..I960
Power
34s_____i_1968
4s
.1.1966
cons
gold
gold
......1970
4%s_______
44s
1955
______1956
222
101
107
114%
7, 63
70
12.
95%
..
.
76%
1024
..
Air
Line
-
1144 114%
40
1034
103 4 103%
,39
—1964
.Oct
Second
mortgage es
Atlantic Refining deb 3s
N
"
'
112%
115 %■
103%
mtge
Oct
1
gold
1946)
Ref k gen ser
Dec
vo*"
1
1946)
footnotes
at
due
A
112%
112'/a
109%
63
193
44%
63%
27
18
21%
29
95'
26
854
29
4-0
92
91%
92 4
due...
85 Va
6
85%
93
1044
25
1014
104%
105% 105%
108% 108%
A-O
1044
4
105%
95%
108%
116%
118%
A-O
^1962
116%
J-J
A-O
115 4
F-A
108
1st
gold 4s_:
cons
F-A'
94%
2d consol gold 4s
___1989
tACl.icago & Alton RR ref. 3s_7.__l949
'
111
1st
113
Chicago
90%
133
105%. 106%
47
69
89%
106
90%
106%
414
43
*34%
34s
__._._1949
registered
Division
M-S
104
__
•
35 4
104 4
105'A
14
.1949
110
1
General
4s
...1958
1st & ref 44s series B_______
page
1884.
'
97
105 Va
103
na%
104%
29
1144
107 'A
52
2
69
104%
104% 104%
61
1034
106
104
104
14
101 %
104 VB
J-D
! 65
104%
53
684
794
914
60%
64 4
65 ;
35%
85%
86
40
48
48
49%
80
374
11%
12
29
10%
11%
64
7
•
-
t
114
.11 la
J-D
*51
J-J
"5
23
34 4
110%
111
_
83%
8
"95%
95
16%
164-
48% "56
32
*
J-J
,10
54
32
4-0
J-J
-
112
95%
33
33.
34%
83
30,
39%
32'
31%
33%
144
28
37 Va
294
30
32
26
J-J
94 5
M-S
a
-27
3
102'%
.
15
109 y4
100
262
>
304,
104%
■
108 Va
74
152
77
102
.
99%
724:
88
100
102%
139% 1394
J-J
1324
140
43
105%
106%
104% 105 %
105
24
105% 106%
M-S
F-4
A-O
-
97
764
35%
264
32%
*31%
38
104%
109
1034 103 Va
121 »/2 1264
\':
1264
120
*1221% 124
♦
26%
25 4
26
1.003'
J-J
105
A1
•
122'/a
214
1057 ,105 f7
102
30%
106 S3
1004 106'/«
j-J
10512 105 ,7t.
M-8
111
111
111%'
44
103
106 Ha
103
21
105%
98
111 Va
1977
F-A
1114
111% 111%
.56
84%
111%
1971
F-A
108%
;108% 108%
64
92%
109
1997
J-J
44
48
Chicago & Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A...1988
J-J
ref-5s series
&
&
AGen inc
tChicago
A
111 RR—
Eastern
mtge inc
(conv)
mtge 4'As
Ind
<&
ARefunding 6s
Louisville
ser
_i
391/2
A
1st
128
128
2
88
88
89
32
76%.
89 4
65 V2
58%
60
10,
47
J-J
75 4
76
32
50
71%
72%
66
47 4
78%
68
68
4
45
105%
A
1st & gen
74
J-J
..1947
J-J
1966
.
M-N
12
11%
12
16
10'/8
May 1966
J-J
124
124
13
36
10'/8
50-year 4c ...„1956
J-J
101 % 102
6
6s series B
128 '/a
,'-J
B___1947
5s series A
k Sou
63%
125%
128
1947
ARefunding gold 5s series
ARefunding 4s series C
gen
52%
.2038
A
48 4
&
M-N
51%.
Ry—
105ft
87
83%
14%
14%
102
tChicago Milwaukee & St Paul—
AGen
92%
97%
97
94
196
70%
99%
194
73%
95%
4
100
4s series A
May 1 19R9
gold 34s series B__May 1 1989
J-J
AGen
4'As, series
C
May I 1989
J-J
80%
854
86%
188
AGen
92%
44s
series
E
May 1 1989
J-J
86%
854
86%
4%s
series
F.
May 1 1939
J-J
864
86
864
F-A
57
55
" '
54%'
31%
J-J
804
*75
80
74%
86
69 Va
82 4
764
89 4
87
76 Va
89 4
20
77%
90%
708
82
454
64 4
632
11%
17%
188
'
.
tChie Milw St Paul & Pac RR—
A Mtge
J-D
■'
98
*106% 107% :f
65%
65%,
65%
100%
140
1949
37
103
104
*112
110
J-J
114 Vb
111%
84 4
35
1949
4s
registered.!
334
15
94%"
94%
117 Vb
111%
108
13
Chicago Burlington & Quincy RR—
110%
107 4
1989
113%
5
108%
108
*126
1064
90%
116
*1124 112%
J-D
J-J
8
1044
119
*1034
1111/4
66
118
116%
J-J
1114
__
116
1
M-N
__._i.___ 1946
118%
4
117
117
^._____1992
Ref & impt mtge 34s D__^.___-_1996
Ref & impt M 34s series E____.l996
Div
116
7
116 4 1164
1164
107% 108 Vb
1094
105 4 106
13
1164 1164
J-D
J-J
94%
109%
__
1164 116%
107%
A
109%
'
J-J
F-4
1
1104 112%
104
4-0
F-4
4s
:
1995
100
69
M-N
Illinois
.
A-O
28
894
814
Guaranteed gold i5s
960
§ACentral RR & Banking 5s stmp.1942
Certain-teed Prod 5'As A___._____194h
1154
to
July 1948
21
8
'1001/4
AGen
A-O
"
4%
(int at 1%, to
see
104 %
108
109
AGen
;july 1948
(int
101%
1
12
109
104% 104'%
1154
RR—
gold 4s..
Stamped1 modified bonds—
1st
:'t
Ohio
11
1044
R &
103%
B
1st mtge
103 %
111 1,2
A-O
106 4
-'
J-J
MS
1948
;—^.1953
103%
854
1987
Y Power 3%s_
Chicago Ind
Baltimore &
......1987
registered..
106%
88%
J-J
1
J-J
....1987
4s
105
Atlantic & Danville Ry 1st 4s—.•...1948
58 Va
110
26%
Potts Creek Br 1st 4s
95%
125
^
__Nov
registered____.
10
■1
—'
1944)
<5s
38
110% 110%
105%
63%
107
J-J
____1955
<
t A Gent-New,- Eng 1st gtd 4s______1961
JACentral of N J gen gold 5s.____1987
89
*106%
M-N
1952
95
*
61%
62
4-0
110% 110%
89
10
*109%
4-0
1959
A.Chatt Div pur money gold 4s._1951
AMobile Div 1st gold 5s__
,..1946
Central Illinois Light 34s-_i._____1980
AGen
J-D
108
110 '/a 1104'
4-0
1154
114
.
41'/a
101% 102
M-N
1154 115%
71244 125
1C5%
18
111 Va
1959
118%
*110%
M-N
M-S
53
F-A
M-S
gold 4a____1948'
Chesapeake & Ohio Ry—
General gold 4'As..
104
J-D
1963
62'/a
M-N
1945
„v
70 7-'
Ry—
4s—..July 1952
4st_
'1144
1-104
94
„■
Central Pacific 1st ref gtd gold 4s_1949
7
105
6
95
J-J
614
99%
83%
M-N
F-A
1962
ARef & gen 54s series B._.
ARcf & gen 5s series C.__
Central
1154 124
,102 4
121 % Si 2 2 %
.
4s
110.%
114% 114%
no5
25
103% 103%
F-4
AGeneral
100 V2
67
101
;; 125
105
94%
107
1074
102
96 34
524
F-A
1945
-
105 Va
101
.
101
59
••
F-4
M-N
921/a
1034
93%
4~-0
95 Va
114%
V122 4
J-D
44s A
1,
60
J-J
106
108 4 108%
Nov
M-N
J-D
______1960
gold 5s.——1946
cons
M-N
M-N
"
108%
108 4
108,4
*104%
J-D
33is—
1st
unified
coll
N
&
104
,
*824
*68
A-O
,.
1st 4s—^.__1958
Charlotte
1st mortgage
Atlantic
1054
105
104
Jan
Q-J
Jlf-3
1955
1905
gold 4s of 1910
&
10?4
-100% .101.
100
M-S
_^.199s
Adjustment gold 4s_
,...'.1995
Stamped 4s
———.——1995
Conv gold 4s of 1909.
—1955
Trans-Con Short L
93%
104 %
106 Va
-
;.i_.___1952
5s
Illinois division 3 4s
''General 4s_:
Atlanta
.101
4
42
105
M-S
A-O
...1978
1st
Conv
-
',1
f.
102 4
891A 101%
(Del)—
& Co
7s Income debentuves___
Conv 4s Of
1024 102%
•
104
A-O
deb
*100
J-J
107%
101%
104%
*1024
M-N
^Central of Georgia Ry—
7 A 1st mtge 5s_
S a Consol gold 5s__
j
106% '
110"'7
89%
6
100
M-N
Armour
L
100
3s——.1962
Co
Tobacco
Anglo-Chilean Nitrate deb—1967
Ann Arbor 1st gold.4s.
1995
Ark &. Memphis Ry J3dge & Term 5s 1964
AM
*109'%
107%
Wat Wks k Elec 6s series A_—1975
A
,
1034
A-O
J-D
M-S
debentures....—.— _—.,1956
3s conv
Amer
Am
*101
M-N
J-D
series C—1967
ACent Branch. U P 1st
.
103%
*104% 105
...
,
_
89%
1034 1044
*1064 .108
Af-N
American Telephone & Telegraph Co.—
3 Us debentures
——..1961
3Us debentures
M-S
Clinch & Ohio 4s.______.1963
Caniers & Gen Corp 5s w w_..___1950
& Adir 1st gtd gold 4s
_..._1981
104%
1004
103% 103%
*
F-A
Amer1 G Chem conv 54s-.__.-_.-_1949
Called
.
A-O
a,_____1961
Corp 34s debs
Celotcx Corp 3%s debs.
103
A-O
4 4s debs—.___1951
Foreign-Pow deb 5s———2030
68%
86%
A-O
registered
——1948
Allegheny Corp 34s sec conv—.1954
Alleghany & West 1st gtd 4s.._—1998
&
86%
'
34s
101'/2
105%
16
Carolina
120
P-A
Albany &-Susquehanna RR 34s—1946
Am
'109
*104%
J-J
IOIV4
100
18
Celanese
M-N
34s-.:--1972
Albany Perfor Wrap Pap 6s———1948
6s with warrants, assented——1948
Allied Stores Corp
J-J
1041%
perpetual..
:
Collateral trust 4 4s__;
..._1960
tlACarolina Central 1st gtd 4s.
1949
62
19%
*119%
J-D
130%
100%
8
12
106
Guaranteed gold 4%s_,
.1
1951
Canadian Northern Ry deb 64S-..1946
Can Pac Ry 4% deb stk
..
17
J-D
10-year jdeb'4!/4S Btamped.—„-__1946
Great Southern 34Si_^_1967
Power
100% 101%
101% 1014
1014
106% 106%
1st 4Si.i..l955
Niag Elec 3'As
Guaranteed
76-y4
78%
18
MS
90
89
102
128
*129% 130
J-D
104
Guaranteed gold 5s
65%
8
*68%
J-D
>
Alabama
Alabama
A-O
A-O
106
...July 1970
California-Oregon Power
1
1953
Adams Express coll tr gold 4s
1948
Coll trust 4s of 1907——-——1947
.
734
98%
86
;
.1953
—
——■—
-
J-J
A-O
104%
...1955
series
os
Canada Southern
91
60
39
*73
F-A
•;
88 Va
74
106
Cart
tAbitibi Power & Paper—
56%
10
F-A
gtd 5s A
1962
Canadian National gold 4 41957
Guaranteed gold 5s
...Oct 1969
60
744
lV
F-a
F-A
————1958
37
F-A
II
cons M
ref
78%
^.1960
mtge 44s ser A
lien &
57
H__.—.1965
4s series RR__i._i.__
mtge
93 %
219
Corporation-
mtge 3s series
Guaranteed
74
J-J
.—1984
external 7s__—u_1958
A44« assented
86 4
stamped
California
214
102
91
•
J-D
conv—;——1978
3'as extl readjustment
(Cityi
10
*89
;_1964
48' extl readjustment.—,1978
AWgrsaw
174
91
>
*90
Af-N
extl
86
Bush
1937)—
conversion——1979
3%-AVB-4ft
4-4 4-4
87
85
Consolidated
25
89
*91
fund Gs_——1960
readjustment
External
83%
85
64
18%
12
30
*22
fund 6s
bonds of
($
44'/a
83
61
11
20
F-A
F-A
sink
314
'34 to May 1, 1947) due
...1957
JBurlington Cedar Rap & Nor—
S A 1st & coll 5s—
....1934
ACertificates of deposit
68
61
13
654
—__—1958
A External
225
394
a
•
A-O
1962
4» assented—
AExternal sink
40Va
•
83%
Stamped
i
19
Sydney (City) s I 54s
—-1955
a Uruguay (Republic) extl 8s—
1946
3%s-4-44s
•39
F-A
Buffalo Rochester & Pgh Ry—
43 4
30
37%
37 V;
'...,
J-D
a 4
59'%
Buffalo
33
2
.—1962
extl
414
_______
extl
of)
(Prov
39
-
..1950
Bklyn Union El 1st gold 5s___
1950
Bklyn Union Gas 1st cons gold 5s_1945
50
35
'
41%
1958
Silesia
56%
Bush Terminal 1st 4s
external-
B
59
55
M-8
Buffalo Gen Elec 4'As B..._.__.._198l
39
4
(Kingdom)—
Slovenes
«»
a 8s
41
J-J
Bklyn Edison
40 4
38%
414
*37
J-J
.___1940
Stamped pursuant to Plan A
(Int reduced to 3.504).—1978 '
Serbs croatb
98
.
1951
due_..i
t A JBoston & N Y Air L
Plan A
2% )_______2012
to
7s__._
f
t.
56%
J-J
ATnc
44%
43%
41%
41%
J-J
__.__.1968
Stamped pursuant to
S^fWiired
54%
1959
1st
93 4
35%
6.
*424
J-J
—2012
loan...
>
(int at 344
1947)
1st gold 4%s series JJ
Stamped pursuant to Plan A
(Int
54%
78%
1st
J-J
2,5%..1999
-;
,
to
Boston & Maine 1st 5s A C—__..__1967
Stamped pursuant to Plan A
(Int
^^Feb 11960
Consol mtge 3 'As series
5
J-J
1950
external.;
404
'404
Af-N
,
M-3
75%
2%s
404
374
J-D
1952
136
76 4
1
65 4
644
J-J
to Jan
High
46%
62
92
1st
1957
Rs__
-47
37
J-D
1964
I
s
1996
Con sol mtge 3%s series F_i_..._1959
47
37
uuw
62
894
4s
35
January 1
J-D
(int at 1% to
due
Beech Creek Extension
4iy8
Range Since
Sold
AO.
to
Toledo Cin Div ref 4s A...
'45%
34%
*364
A-O
1966
l'/o
Bonds
Hign
''
i_..__2000
due
Friday's
Low
__
J-D
______1967
or
Sale Price Bid & Asked
90
Con sol
2012
at
(int
F
ser
Bethlehem Steel
r
Week's Range
Last
Period
-
......1993
gold 4s extended
Beneficial
37 4
F-A
6
M-N
103
35
at
due...
Bell Telephone of Pa 5s
384
York
Teletype—NY 1-310
Bangor & Aroostook RR—
Con ref 4s___.
,.________.._„1951
44 4
50
"<
gen
AConv
*
45
34
'42
ser D
S'west Div 1st M
424
17
ser
gt-n
Friday
Interest
.
XVs%- '
due
Ref
42
•
(int
&
•'
.•
-
-
Pgh L E & W Va System-r
41%
42
102
F-A
Stamped pursuant to Plan A
(Int reduced to 2.5% %_____1999
A8^
264
28
"
C
gen
Ref &
A
)
iClty of Brazil) 8s
Paulo
21%
'
(Continued)
Sep ], 1946)
60
ir
Exchanr#
-•»
Ohio
Sep 1 1946)
244
114
*50
1968
Plan
2'.',
loan
A64a extl secured
| A San
to
to
loan of
Fe external
ASao
29
19%
&
&
Rei
A-O
2%' )__._^1„2012
fund gold—
reduced
municipal
24'A '
17
A
1921—________1948
sink
A 7s external
16'A
(State of)—
extl loan of
Aba
25
77
-
■
to Dec 1 1946)
394
42
42
<
A-O
1953
_
Plan
to
394
5
Stock
*
Baltimore
16%
19%
194
F-A
fls__.__l946
e'/zs^—-i—
sec
Stamped pursuant
194
M-N
Stamped pursuant to Plan A
(Int reduced to 2,375%)
,.2001
A External
424
New York
' 1
.
*25
J-J
1952
6s______-_1947
<Clty of
194
J-D
^.„_^_1960
APrague (City of Greater)
Queensland
A-O
.1947
-
A-O
1958
gold 8s
A-O
.1940
f 7s___
s
314
23
*20
J-D
1961
A4Vas assented
sink
MS
1960
2d ser_;
(Rep otj gold 6s
A44s assented,^—,
A
"2
•
394
39 4
1963
I 6s
s
lAPoIadd
A External
M-S
1968
s
extl
40 4
39 4
!
105% i
rtef
7f>__.___:_1959
external
Nat loan extl
A Nat Loan
97
104 4
.
2.125% )
to
88%
7
*104%
MS
New
Bell
•
—
96
96
M-S
1947
Stamped pursuant to Plan A
lint
J-D
Broadway
Telephone—DIgby 4-4933
...
Stamp
Member^ New York Stock Exchange
,
96
98
*97%
PFLUGFELDER, BAMPTON & RUST
100
98
98-
98
*87
Stamped assented 5s
100
93
7
100
F-A
aei
100
994'
994
J-D
djs
Reorganization Securities
103
93 4
100
100
100
___1963
_
i
t>
100
f 5s______)97()
s
Railroad
42%
42%
92
89
'
:
1957
__1958
luna
(Rep)
32
M-N
Cityi sink lund 44s__.____j_1953
i
Panama
A
2
*103
....
Municipal Bank extl
Oslo
40
J-D
(State)—
extl
32
MS
5s.__.
sink
3
__1959
1959
(Kingdom
40
MS
____1952
7s
f 6s
s
40
1958
A__
s
External
4s
s
Wales
External
External
Uiak
"
f 6V2S__
(City)
OCTOBER
—
s
external
Montevideo
ENDING
Range Since
January 1
Sold
Low
Minas Geraes
WEEK
Week's Range
Friday
■
Interest
„
.
"v
gold 5s series A
1975
'56 4"
59 4
'
57
334
41%
59%
AConv
adjustment 5s
Jan 1 2000
A-O
13%
13%
14
YORK BOND RECORD
NEW
RANGE
WEEK
FOR
ENDING OCTOBER 37
Week's Range
or Friday's
Sale Price Bid & Asked
Friday
Stock Exchange
New York
Period
Chicago & North Western Ry—
1st & gen mtge 4s ser A—1989
,
,
J-J
conv
10514'
J-J
income 4%s——1999
Deis Plaines Valley Div 4s~
1969
Sioux City & Pacific Div 4s_—1969
tSAChicago Railways 1st 5s stpd
25% part paid
1927
tChipago Rock Island & Pacific,Ry—
a General 4s ——
—1988
A Certificates
of deposit——*—
mtge
2nd
71 y8
70y3
,?102%
J-J
Low
103
~A-0
43 Va
Memphis Div 1st
67%
344
36 V*
46%
49 Vi
,168
39(4
51%
Vs
842
7%
11%
gtd
3VaS gtd
C 3%s
48
86%
92
77
68
691%
U
1980
1952
5s———1
——-1961
H V 1st extl gold 4S—1948
Sou Ohio El 3 Vis--—1970
Tol 1st extl 4s——1953
Debenture
Columbus &
Columbus &
Columbus &
4s—_—*—™~~"~
A Debenture 4s
A
Power
Consumers
mtge 3
1st
103
'99%
Af-N
j-j
F-A
j-j
111
98
109 %t
116
fe'a
108
j-j
106
406(4
18
105%
109%
j-d
104% 104%
84
103(2
105%
%
59 Va
49 Va
J-J
1956
45
"I
45 VB
46%
108%
108%
~l
108%
102% 102%
3
101 (4
J-D
102% 103
j-d
#51
57
49
L 1st mtge 3s—1—'970,
Dayton Union Ry 3Vis series B—1965
Delaware & Hudson 4s extended—1963,
Delaware Power & Light 3s_%—1973
tDenver & Rio Grande RR—
■ ■
§ Alst consul 4s————
1936
tSACposol gold 4VaS_——
1936
jDcnver & Rio Grande Western RR—
1955
AAssented.
-1978
impt 5s series B—
Valley Ry—
N'western Ry.
Detroit Edison 4s series F—
-1965
Gen & ret mtge 3J/aS series G_—1966
Gen & ref 3s series H—**—1970
38%
21
62
3
#61
62
j-d
65
12
50
60
68%
#103%
98%
98%
81
79%
99%
98 VB
4
105%
106 y2
52%
53
57
45
5
46
See
Chic &
4%
4%
5%
6
3%
3%
3%
76
3%
28
40%
Mackinac 1st lien gold 4s 1993
ASecond gold 4s—
—
}995
Detroit Term & Tunnel 4y2sr'
.1961
Dow Chemical deb 2 Vis—.———*-1950
Dul Miss & Iron Range Ry 3%s—1962
t^ADul Sou Shore & Atl gold 5s*—1937
Detroit &
Duquesne
Light 1st M
-1985
3Vas
108%
J-D
3
108%
104%
49
■
108
40
J-J
106
39%
106
108%
98%
#102% 103
103%
102
2
108
.
34
25
#108% 109
M-S
54
41
28
Af-N
J-J
106% 108%
80
24%
47
31
& Ga Div 1st 5s.*,
.1995
(NY) 1st cons gold 5s—
.1950"
Auto-Lite 2V4S debs
~
East Tenn Va
Ed
El 111
Elec
Elgin Joliet & East
El Paso & S W 1st
5s
.1965
A-O
Railroad Co—
series B—
Gen mtge inc 4%s series A
Ohio Div 1st mtge 3V4s—.
J-J
.1995
j-j
.2015
J-J
.1971
106%
111
For
footnotes
Rub 3s deb
see
page
1884,
100%
Af-n
102%
106
81%
103%
106'4
88
Ill
'
10
2
110%
111
107%
17
J-j
54%
57%
69
47%
61%
54%
A-O
19%
19%
20%
125
16 %
24%
43%
57 W
43%
106% 106%
106%
J-J
Af-3
108
57(4
103
56
77%
103 Va 103
A-O
Paper 5s series A &
3
103
105'«
108
.5
105
109%
74 "
71%
71%
*100
97%
103%
102
4
100%
F-A
95%
.77%:
'
103
74%
96%
101%
101
Af-N
J-J
91%
91%
93%
49
1955
F-A
95%
94%
95%
177
4s—A_1951
jf-a
4 Va
4'%
4%
8
Clear 1st 4s
1959
J-D
83%
Steel 3'As
..1961
—
72(a
44
104%
A-O
& Laughlin
5%,
3
83%
67
58%
83%
103%
17
95%
103%
98%
102%
y76% 89%
y76% y76%
93
72%
/90-%
89 (4
82%
103
J-J
&%ich
A-O
4s..—__—a—1936 ;
*
•_
77'
76%
91
•
90%
90%
92%
(f
105%
105
105(3
J-J
71%
1;
105(2
*118(4
J-J
—1961
*100'4
A-O
*108%
Af-S
109
105%
3%
5
*4%
110%
108
102%
104%
104
Af-S
109%
105 Va
'105% 105%
Af-3
94%
90%
107%
*109-
J-J
102
172(4 175%
*168
J-J
5s—L——1954'
100%
98
*95'/a
J-J
69
91%
*103%
J-J
unguaranteed*-—--.——*-1961L & P 6s—*—.1997
119
51%
68
*65%
J-J
109%
114%
23
.=•
J-J
92%
72%
76
■
91
69%
68
V'
91J
92
A-O
J-J
_L—-1961
%s
*101%
A-O
4s__1990
City Fprt Scott & Mem Ry—
1st gtd gold
5%
L
A-O
5s.*—-1945# ■
I
Coll & ref 5%s series. C_,i*
1953
5
Coll & ref 5J/2S series ;D-:=-i-i*—1960
I Lake Sir & Mich Sop; gold 3 J%s_—1997
t
Light, extd
Laclede Gas
F-A
150 %
101%
103'%
106%
i
i
104%
ioi
101
104%
;'
•
J-J
J-J
98%
101
39
93%
105.%
3
,
98 %f 101
10"
89%
100%
49
19
97
% 105%
97
105%
*105
'
•
'
■
i
;'
-
100%
*104
A-O
M-S
*99%
__
67
37-
53
105%
105
100%
99
■
44
100%:
52
53
,,
'''
.
105
100%
J-D
Dec
a 1st. mtge
101
*100
:. ioo% 101
100%
J-D
—1997
3%s registered—**—
LautarovNitrate Co,Ltd—
/
y
'
■
F-A
>'• ' - = income reg—*—1975
I Lehigh Coal &.Nav s f 4V2s A—1954
i.. .Cons Sink fund 4%s series C**_*1954
:»
Lehigh & New Eng RR 4s A
1965
Lehigh & N Y .lst g,td= gold 48*****1945
;
Lehigh VValley Coal Co— ■
1st A ref sink fund 5s
,****-1954
55 stamped——*
^^*1954
8
63
105% 106
81%
86
83
103% 104%
104(4
99%
95
100
45
100
100
47
51%
47%
50
103(4 103 %
j-D
104
103% 104
84%
107
102
.
102
117
#130(4 135
51 Va
64 y2
133
12
98%
42 y4
5s
42
5
•6
97%
'
56%
103%
104
Terminal Ry ext
Eastern 1st 50-yr 5s gtd
Liggett & Myers
Little
i
,
Miami
gen
Tobacco
5s_1951
1965
5s—*—1951
4a series
A———1962
4s.
.*—.—1949
Guaranteed ref gold
4s_——-—1949
Long Island unified
4a
stamped
;
1949
97
*88
'
,
65%
90
;
86%
86
63%.
63%
74%
J-J
75
Af-N
35%
7
86%
.
90
70
*86
•
F-A
85
71
10
'
—
F-A
97
84 %
T
90
88
90
'•»«»«•
-
Lehigh Valley
Lex &
•
59%
103
97
•
F-A
1st .& ref
100%
183
3
i
5s*——**—1964
/
106%
102
sink fund
104%
103%
101%
1st & ref
103%
99 Vb
.99%
.
86
86
*96%
F-A
stamped——*
1964
sink fundus
———1974
,5s stamped
——**—,—1974
f
Leh Val Harbor Term gtd 5s
—1954
Lehigh Valley.N Y 4%s ext
1950
j
Lehigh Valley RR—
i
4s stamped modified
2003
4s registered-—,
—2003
4%s stamped modified——
2003
i
4'/as registered.
—2003
5s stamped modified
2003
101
82 Va
,
#103% 104(4
100
115%
110
80
'
lOisVa luXVa
50
M-N
"e
99% 100%
*105% 106(4
J-J
Af-3
68
111
68
Af-s
74
98% 104%
1
48
106
.
103
*106% 106%
*90
Af=-N
j-d
103
4
115%
*150%
.
'
M-S
1961
FJintkote Co 3s debs
1958
fAFlorida Cent & Peninsular 5s—1943
tFlorida East Coast 1st 4 Vis
1959
Alst & ref 5s series A
1974
ACerfificates of deposit
Food Machinery Corp 3s debs—1956
Francisco Ruirar coll trust, fis
1956
Tire &
'
A-O
——
1st cons M 4s
115
115
Af-S
*1962
!
Fuel 3y2s
Erie
Firestone
j-j
J-j
78%
52%
187
104
•
j-d
.1970
.1965
Ry 3'As—
5s
stamped—,
Empire Gas &
M-Al
70%
68%
104
52
um
40%
107
E
.1958
68%
107 y4
#26!/e
A-O
J-D
111(4
19
#45%
J-D
74%
224
—^—1954
Koppers Co 1st mtge 3 Vz s___1961
Kresge Foundation 3% notes*
-1950
tAKreuger St Toll 5s ctfs—;——1959
111%
106%
106
106
J-D,
J-D
76%
52
Kings Co Lighting 1st
1st ■&, ref 6 VaS——
6%
108% 108%
M-S
95%
74%
98
57%
93 (a
99
78%
95 Vh
82%
99
*95%
J-J
78%
67%
50%
4
50
107
23
107% 108%
76%
65
10
80
80
80
F-A
Kings County. EI
8
4%
F-A
A-O
91
5914'
50%
Plain
56%*
Plaines
Des
72
/ '4
■
10
Kentucky & Ind Term 4 Vis——*_196l
55%
54
47
J-j
ACert.ificates of deposit-—Ai—_*
Kansas City Southern Ry 1st 3s„_ 1950
Ref & impt 5s_„
—Apr 1950
Kansas City, Term lst- 4s———*-1960
Kentucky Central gold 4s_u_s**_—1987
103 Va
103 y2
98(4
45%
77,:
51%
Kanawha
108%
105%
F-A
A-O
75
77
93%
1
90%
75
79%
93%
90%
IT'
101
97
K
54
52%
j-j
•"
•
2
93%
F-A
1956
Stamped
j-j
-41
•
71%
48%
224
51%
Jones
102%
98 Va
Af-N
A-O
67%
J-j
52
40
>_
.
65 Vs
*100%
J-J
gARefunding gtd
j-d
91
J-J
62
59
105% 107
67%
J-J
James Frankl &
i
'•
j-j
85(4
87
;
RR—
series. J3,,——
5s
jKansas:
'
79
60%
91
53
100
102 %
102
58
42
89%
73%
39
50
18
85 %
54%
41
59
50
#48
A-O
49%
#49'/4
49%
J-D
77%
62
53%
50
#71(4
87
83%
48
Debentures 5s_-
46
62
49%
j-j
341
87
75%
J-D
series. A..-_..____i._7;__^_.1952
t A Iowa Cent Ry 1st & ref
103%
; 95%
17
87
B—1947
Ref sink fund 6s .series A..**,*—1955
Int Rys Cent Amer 1st 5s B__
1972
1st lien. & ref 6%s*_*,:
l—1947
Int .Telep & Teleg deb gold 4Vas**_1952=
103 y»
108
1st gtd 4s_____1956
62 %
60%
Alst.gold.5s series C
*„_*_1956;
§ A Interna/Hydro El, deb 6s„_>
^1944
109%
111%
;■
4s__*_***_l950
1st gold
42
87
85
M-N
Adjustment. 6s series A—July 1952
A 1st
112
M-n
v
a
109%
107-%
107%
6
M-n
—t—•—
—
104%
7
107% 107%
<f
A-O
,
1963
1963-
70
64
81
'
J-J
«;*>**_
97% 100
97(4
84%
84 Va
102
100
'96%
.••>
A-O
J-J
Internat
104% 105%
101% 103%
■
Af-s
68
A 1st16s
58
M-n
Af-N
14
*99%
A-O
F-A
f International .Great'Northern
59
4
50
101% 102%
J-J
1953
A.**
Ind HI & Iowa
105%
102%
49 Va
34%
27
89%
tAInd & Louisville
6
j-j
26%
27
M-N
Indianapolis:Union Ry 3V2s ser B_1986
Inland Steel 1st mtge 3s series F_1961
21
51
49 V«
72%
140
60%
83%
104
104%
#46'%
61 %
27%
55%
A-O
M-N
111
103% 103%
104 Va
115%
J-j
ioi y4
104
J-J-
5
79
60 Va
1953=
gold 4s__*C-
105%
10
117%
115% 115%
115%
F-A
_.;>..._1952
3%s
lines
1st Si: ref 4%s.series C
113 V«- 114%
105% 106
72 Va
73
56
96
*101%
111 Cent and Chic St L & N O—,
Joint 1st ref 5s; series A_.
A-O
Dayton P St
ARef &
105%
#103% 104
series B
General s f 5s
113(4
*113
F-A
-i'.:
A
110(4
A-O
extended to——1948
ADeposit receipts
——-----Curtis Publishing Co 3s deb——1958
1
108V4
4
A'
96(4
105%
103
105%
72
72%
M-N
Springfield Div 1st gold 3%s__„1951
Western Lines 1st gold 4s*,—i_,1951«
109
113(4
114% 115%
114%
j-j
—
receipts—i
103%
106 %
105 y4 105
j-d
J-D
St- Louis Div & Term, gold 3s
1951 =
Gold 3 %s_*.
i"_2_____„m^/__1951
64%
106%
#114
j-j
receipts-*—,
ADeposit
52
103
10
138%
85 %
97%
*103
40-year 4%s-,—,!_,_>**_,
1966
Cairo Bridge gold 4s___
__„„1950
Litchfield Div lst-gold 3s_**uwi—1951
Louisville Div & Term gold 3Vas_1953
Omaha Div 1st gold 3s
1951
96
32
109% 110
*96%
*100
,
Refunding
102
108%
M -S
111%
130%
138'/4 138%
M-N
Af-N
J-J
Purchased
100
50
29
j-j
J-J
Collateral trust
61%
A-O
lst 5s gold————1952
ADeposit receipts—
,
—A7Vis series A extended to—1946
A6s
106%
104%
83
104% 105%
105
ACuba RR
1:
109%
102
60'4
105 Vb
93
98
110
1951
1951
Extended 1st gold 3%s
„„_1951
1st gold 3s sterling^-*..*
__195l
Collateral trust gold 4s___,^_.
1952
Refunding 4s„>„_*_„____^__^_,i955
V
107%
105'/a 105%
61%
Af-n
.
*110%
,
1st gold 3VaS_—v-i-
107
92%
94%
94
Central RR—•
1st gold 4s,;
107
75%
2%s series A„_1981:
- - : • ■
Illinois Bell Telep
107%
84
#101
A-O
V
Va
108 %
95
2Q0
'
77
17
98% 100
j-d
mtge 3 Vis——
ADeposit
81
A_._„1957
l_Feb 1957
97%
75
104 %
AAdJ income 5s*.
110%
106%
105% 106
103
5s_j_.*»_1949
Hudson, & Manhattan 1st,5s
103
>8
4%3„:-_-'__1999 '
1st gold
Co Gas
Illinois
5
109 Vb 109 VB
105 '/a
A-O
—•—I9°e
——-1969
Crane Co 2Vis s f debs———1950
Crucible Steel 3%s s f debs-i.*—w-1955
JACuba Northern Ry 1st 5'/as—1942
101%
Houston Oil 4(4s .debs
1954
Hudson Coal 1st s f 5s series A.__l962>
106
A-O
3Vis_—
mtge
112%
106%
2
#106'% 109%
A-O
"""
1st
tlARousatonic Ry cons gold, 5s___1937
107%
A-O
;■
mtge 3Vis.—-.
1st
97.
107/4
F-A
Co—
Vis——
1st
111.
az
107
j-j
D_»J__1969'
If-N
88(4
66
3
'
101%,
H
53%
F-A
Debenture
Gulf States Util 3Mj* series
Hocking Valley Ry 1st
82
5
18
86'
■„
111%
57 %
220
13
17
89%
*97%
72
.
99%
M-N
.debentures—
—
1948
3%s debentures•
!956
3Vas debentures———1958
Consolidated Oil conv deb 3y2s—1951
fAConsol Ry non-conv deb 4s—1954
85%
j-j
109%
GO
,
.75%
72%
96
107
J-J
3 (4 s
J-J
1C1
73
_
72%
M-N
f 3%s A—-—1961
3Vis s. f. debs_1953
of New York—
Power s
Consolidated Cigar
Consolidated Edison
Conn River
mtge'inc.5s: series'A,i2^/„-2015
111
103
73%
74%
J-J
Commonwealth Edison Co—
1st mtge 3% s series I
1968
Conv debs 3Vis1958 ,
Conn Ry & L 1st & ref 4V2s——1951
J-J
Hudson
103
,
__1975
„_1952'
69
12%
16
99% 100%
100 %
106
65
20
'12%
Ohio.4s series B
119%
91
*105%' 105%
Feb
Feb
;«*i2*i
ctfs ;B
110
101
105
•
31
92
53
59%
.11, "„"
#110
.
J-J
1G8
'
Southern Ry.—
(stamped modified)Columbia G & E deb 5s
—May
4%s
62
119%
J-j
3%s tsgpies el—*^-,-*->1967"
Bay & West,deb ctfs A-
Gulf &:Ship Island,RR—
r
1st' &' ref Term, M 5s stpd
92%
106
J-J
——
Colorado &
92%
j-d
1948
Series D
———1950
General 4(4s series A
1977
Gen & ref 4=%s series B_
,—1981
Cleve Short Line 1st gtd 4J/2S——1961
Cleve Union Term gtd 5V2s
,—1972
1st s f 5s series B gtd
—1973
1st s f 4 Va s series C
—1977
■Coal River Ry 1st gtd 4s——
1945
Colo Fuel & Iron 5s inc mtge
1970
Series
87%
j-d
,
103 V*
104% 105%:
J-J
mtge 4s, series H2-..J.L_...-1946 )
Gen
104% 108
a:-n
Ry—
101%
Gulf Mobile &
108
12
101
101% 101U
14
ADebenturas
106% 107 V.i
F-.4;
106(4
AGreen
107(4
#111%
112(4
102%
77.
101 VB
f-a
98'/a
193
59
109'
-
126%
100
111% 112%
102%' 104 Va
Gen. mtge.
110%
119%
105 %
54
1023 a
Gen
107
111%
23
111%
78%
100%
*e_
'•
j
77
J-J
92%
104
j-d
••
J-rf
59%
18
1"-A
107 Va
101 Va
118% 119%
72%
50
Vb
74 Va
■
118%,
3
107% 107 Va
68
J-D
48
104%
101%
series'E____.__!.,„.,1977^
General, mtge 4s^e"ries G
j.„_'1946
100% ioi y«
90
29
126'%
General 4,%s,
107 %
A-O
20
—
J-J
85
55
74 Va
*102%
J-j '
11
107%
72
106% 106'/a
106%
105
32
22V2
Gene.ral.4Vas .series. D-i___—____197a.
89
102 Va
101%
26:
j-j
68 Va
64%
21
31%
119% 119%
126% 126%
64%
13
High
84
-
'
.
31
31
,
,
7
72
J/4
107
107
Af-n
Pittsburgh'RR—
Cleveland &
75 VB
A-O
-1957
J—1993
General 5s series B—
—,..1993
Ref & impt 4%s series E———1977
Cin Wab & M Div 1st 4s—
1991
St L Div 1st coll tr gold 4s
1990
Cleveland Elec Ilium 3s
U
,-1970
91
75
(B F)
103% 105
105
j-d
100
84
M-S
——-——1967
Cin Union Term 1st gtd 3l/2S D—1971
1st mtge gtd 3%s series E——1969
1st mtge 2%s ser G———
1974
Cleve Cin Chic & St Louis
General gold 4s—.—
91
J-J
3VbS
mtge
85
98 % 100
J-J
Cincinnati Gas &
1st
85
J-J
Ok & Gulf cons 5s_—-1952
Elec 3%s
,—1966
fAChoctaw
#83
#69
1943
f§AChilds Co-deb 5s
—
§ADebenture 5s ——
:
,
90%
*
m-s
—_—1962
4»%s series D
1st & ref
9
J-D
4si——1952
West Indiana com
8%
J-D
Southeastern 1st 5s_—1960
Income guaranteed 5s___—Dec 11960
A Certificates of deposit
*
Chicago Union Station—
1st mtge 3VsS series F
L
1963
1st mtge 2%s ser G —
1963
Chic &
47%
9 Vis
J-D
Chic T H &
"
48%.
Low
66%
65%
65%
j-j
J-J:
Goodrich
75
44 'A
J-D
-—1951
gold 4s
75%
43 >/4
Af-n
_____1949
Castings 5(4s
1st; 4(4s__*_V.„_r_1956
Grays Point. Term, 1st gtd 5s_.
1947
Great Northern Ry Co—
;
/ ;
General 5 Vas series B_L_____>_„1952
General 5s series1973.,
81
42
m-s
January 1
No.
High
J-D
M-S
Oct 1 1945;
JSAGa Caro &• Nor 1st ext 6s_w,
1934
61%
160
Steel
? A Georgia &' Ala Ry. 5s
#43
1951
3VaS—
Gold
104
1949
Corp—'
debsj,/^/j*'_L.__i;„1969
Berg, Co cons 5s,
ine
4s'conv
63
9
74
Sold
Realty ;& Utilities
General
Gen
>
JARefunding gold 4s__
1934
SASecured 4%s series A
-1952,
a conv gold 4%s—
——i960
Chicago St L & New Orleans 5s
1951
Gas Si Elec of
"77%
104
,
64
Range Sinoe
Bonds
Friday's
107
63%
103
71%
72
or
Hioh
101%
34
1.151
63 Va
T-A
Last
Sale Price Bid & Asked
Period
Low
^103
J-J
Week's Range
Friday
Interest
Exchange
January 1
No.
105 V*
72%
105
J -J
Sold
HiaA
Low
New York Stock
Range Since
Bonds
Last
Interest
-
bonds
>
BONDS
Monday,1 October; 30/1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1882
.
00
65
87
66
26
56
69%
77
80
64%
80%
Af-N
37
205
33
44%
33
22
32%
43%
38%
39
35
33
40
59
36%
48%
35
46%
*35%
Af-N
.
A-O
.
45%73%
39%
45%
46%
99
73%
76%
41
120
A-O
M-N
*106
64%
57
78
~5
120%
127%
120
122%
*109
Af-S
■
123 (4
*126
A-O
42%
5
105% 106
Af-S
Af-S
103(4 106
107
__
.
*106
106%
—
.
104
106%
104
106%
.Volume 160
RANGE
Stock
Last
Interest
Exchange
debentures
3s
1951
;•
103 Va
J-J
103V4
Louisiana & Ark 1st 5s series A—1969
Louisville-Gas & Elec 3y2s_
Lou & Jeff Bridge Co gtd 4s.——1945
Louisville & Nashville RR—
lst & ref 5s series
1st
,
A-O
,B———.2003
& ref 4'/as series
& ref 4s
1st
.———2003
Unif mtge 3%s series A
1955
106 y4
3
102%
7
105%. 107%
2
105% 106
102% 104%:.
102% 102%
"99% 100
M-S
*102%
•
106
Af-N
.
J-D
AManila Ele^ RR & l.t s f 5S—j
AManila RR
Marion
Steam Shovel
80
Ei
43
•
82
A-O
68%
*103%
83
(Cliicj
101
102 y4
101 Vat
103% 103%
103%
108
MS
108 Vi 108%
108 Vi
111%
102%
100 V'a 100 Ye
F-A
Micnigan Central-
■f
19%
15
100 %
95
,ti.
US
JSAMilw & Northern 1st ext 4%s—1939
AgConsol ext 4Vis
104
5
19
gold 4s—1949:
ARef & ext 50-yr 5s series A
1962
65
consol :5s
§ Alst
—————1938"
;
10%
5 :
45%
5
'■
1st
inc
J-J
6
V'a
J-J
62
*
107%
10934
108
y4
11034
;
82%
89%
j
34%
47%
!
40
48
i
84
84%
5
.37
37 Va
15
*34%
2047
-
11.
133%
129
116
13i
,
*121
121%
.104% 105%
'.
67
'
:
J-J
88
105 y4.
88 %
1003a
68%
160
66%
87%
J-J
9234
1
.
98%
J-J
112
100a8 100%
104%
79:,'t
2047
129
*129
Q-A
J-J
impt" 5s series C——2047'
31
125
132
Q-J
Q-F
„
-
1
108 %' 109
84
M-3
——2047
95
111
18%
53
70%
51
66 %
*63
;
66
81%
178
61%
84
98 Va 100 y4
468
8034
100%
79%
..
'
A
87%
89 Va
18
6734
89%
87%.
:
89
26
6734
y
89
37
107% 11034
F-A
100 >4
1Q0%
10
100%
M-S<
110% 110%
2
:
F-A
107 V'a
101V2
110% 112%
12
O
tOgdensburg <& Lake Champlain Ry—
gAlst guaranteed 4s
....1948* "
Ohio Edison 1st mtge T%s———1972' '
J-J
Oklahoma Gas & Elec 3%s
J-D
.
47%
.50
29 Vi
467i
7 7/a
5
37
6%
107 %
Q-J
(Minn) 1st ,& ref mtge 3%s;
—1967'
1st mtge 2%S—-1974 '
(Wise) 1st mtge 3%s——1964
Ontario
84%..
11
73%
84 y4
93%
93%
registered.;
& impt 4%s series A
87
108
0
75
O-A
\
14
109 V'8
M-S
——
21
7%
22%
107 \'a 107 y4
F-A,
,
50 y®
15
21
A-O
J-J
-
31
34
20
109
1961
108
105% 109
'43%
$91
J-J
J-J
Ref &
84 Vi
J-J
sen
M-N
;»2014
Ref & impt" 5S series D_r_
Northern States Power Co—
'
46
—
■
111%
105 %
107 y2
42'V4
5%
69 Va
107
105% 105%
105%
43
Ref & inipt" 6s series-B—.—.2047
90%
29 Vi
45
'
3%
52
11
108 V'a
*105%
J-J
J-J
3%
1
;,
3s
Ref
103%
30 y4
44%
J-J
.1978
A——1971-,
Gen mtge 4s-inc ser A——— 1991
4Vis
mtge
J-J
—_1958'
18
66 %
.
J-J
•
71
.7%
11
J-J
J-J
Alst & ref 5%s series B—;
«
63
4
3%
65
M-N
registered—
1997"
Gen lien ry & Id gold 3s—Jan 2047
94
75%
2
44%
10%
J-J
JAlst stamped 5s gtd as to int—1938
Alst & ref 6s series A———1948
18%
3%
1998
105 J/a
,
97
43
86
10%
Q-F
4s stamped———.1938"
cons
9%
15
14
15
65%
A-O
4s
tMinn Ct Paul & Sault Ste Marie
§ a 1st
3%s—,1965'
Northern Pacific Ry prior lien 4S..19971
Vi 108%
55
1'
:
86
-
106
.
100 y4
^100
MS
107%
M-S
100V4
73
30
89%
65
65
J-D
ref
&
102 y2
:
107 V4 107%
1955
^Minneapolis & St Louis RR—
A 1st
63%
2
551%
,
*6
19%
102 %
6
104
98
107% 108
J-D
—1939
vi
104
J-J
A-O
48 y4
52
*16
■■
.
100
Af-S
?§AMidland of N J 1st ext 5s—1940
31%
133
22%
F-A
.
M-N
16%
21
.
F-A
lOOVi
92
*14
A-O
Ref & impt 4%s series Ci.———1979'
Michigan ConS Gas 1st mtge 3Vis_1969
94
83
,
A-O
North: Central gen & ref 5s——^,-1974'
Gert .& ref 4%s series A——>.1974
102%
A-O
Jack Lans & Sag 3 Vis——.--.-1951'
1st gold 3Vis—.1952"'
82
J-D
'
Norfolk & Western Ry 1st gold 4s_1996.
102%
,
A-O
4s-.iy38
57
1
M-S
,——1955
—:
A Gen mtge 5s conv inc--:
I§ANorfolk Southern RR 5s A
*46%
'
87%
Norfolk Southern Ry do—
1st mtge 4 Vis series1 A_:
71%
*60%
stamped „—
_
—i—
McCrory stores deb 3%_—
..1955Metrop Ed 1st 4Vis sertes D—
...I960'
Metrop: Wat Sew & Drain 5Vis—1950'
West Side
82
Af-S
Af-N
v
tSAMet
37-,
52
f 6s—_.194T
s
64
87
Niag Lock & Oht Pow-1st 5s A
90% 100
65%. ,67%'
65%
M-N
50 y4
§ AGeneral gold 5s
—
,_194Q
A Terminal 1st gold 5s———1943 '
N YTelephotre"3Vis series B_
1967"
IS AN Y West & Bost 1st 4y2S—1946'
113
-
10
99 %" 100
1959-
,
178
M-N
—1963
ISan Y Susq & W 1st ref 5s
ry37
§A2d gold 4%s—L—1937
104'
112
1953'
(Southern Lines) 4s
57
52 %
N Y Rys prior lien 6s stamp
N Y Steam Cbrp 1st 3'/aS-
101% 106%"
26
106 y4
*112%
J -D
Gen mtge 4V2S series A——.—I960
Manati Sugar 4s sink fund—Feb 11957
4s
N Y Queens El Lt & Paw
M
Maine Central RR 4s series A—.—1945
54
J-D
Ont~&~WesTref"g~aid"4sIIII1992
AGeneral
100
103
.
59%
54%
21
N Y & Putnam 1st cons gtd 4s—1993'
104 Vi
94%
.
61
45V4
Niagara Falls: Power 3y2s———1966
J-J
..
106%
94%
.
MS
.
99%
26
102% 102%
,
46%
3
M-N
1954
High
19
50
87%
4s
IAN Y
.21
,
F-A
gold 3s—
——1980'
Mob & Montg 1st gold 4Vis.——1945
South Ry Joint monon 4s—.—1952
26
1st
Low
50%;
t a Harlem River & Port Chester—
107%
Range Since
January 1
Sold
No.
50
J "J*
A-O
Alst & ref 4y2s series of 1927—1967
Bonds
High
49%
50
J-J
—1948
^1940
—
ADebenture 4s
106% 108
104
,Af-N
-
——1957
AConv, deb 6s
§ A Collateral trust 6s_
100% 102%
.
105% 106
J-J
St Louis Div "2d
8
105% 105%
J- J
ext—1950
Atl Knox & Cine Div 4s—
105% 106
,104 Vi
,
Friday's
or
Sale Price Bid & Asked
Low
ADebenture certificates 3Vis—1956
.93%. 103%.
105.
110'
2
A-O
Unit mtge 4s series B ext.——1960'
Paducah & Mem Div 4s
-1946:
105 Vi
.
54
:
__
A-O
.
120%
102
106% 107
A-O
C„i——.2003'
series D———2003
1st & ref 3%s series fi_
»10G%
118%
Week's Range
Last
Interest
N Y New. Haven & Hartford RR (Cant.)
ANon-conv deb 4s——.-—i——1956-
High
57
.
Friday
BONDS
Period
Low
5
105% 105%
,MS
>7
New York Stock Exchanf*
'
103Vi 104 "
,103
103%
M-S
.—I960
OCTOBER
January 1
No.
ll9Vb
119 Va
119 Va
A-O
1963-
—
''
f-A
ENDING
WEEK
Range Since
Sold
Utah
Low
LorMard (P) Co deb 5s„
Bonds
Sale Price Bid & Asked
Period
FOR
>
Week's Range
or Friday's
Friday
BONDS
York
1833
YORK BOND RECORD
NEW
New
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4329
94%
49
93 Vi
94%
63%
147
61%
63%
73 y4
273
56%
35
64%
39
53%
64%
57
69'/a
5s
—1945
21 %
111%
104%
110 Vi
104
1053b
17
10534
108%.
105 3'e
108%
l"
106% 106 >%
M-N
*103% 104%
10538 106
5'
*102% 104
J-D
J-J
-
15%
108%
15
16
19%
'110%
:
102%
104
77%'
63 V%
1st
18
110
18
110%
74 Vi'
76%-
Transmission
1966
61 Vi
.
Oregon RR & Nav con'gold 4s
Guaranteed'
.
t A Missouri-Illinois RR 1st 5s—.1959
J-J
Mo Kansas & Texas 1st 4s—„1990
J-D
71%
71%
*106%
105
100
.1946
Ore Short Line 1st cons gold 5s—_ 1946
stpd cons 5s
:
10538 106%
106
J-J
.....1946'';
Missouri-Kansas -Texas RR—
—1962
J-J
73%
73
40-year 4s series B———1962
J-J
61%
61Vi
41,is series D-
J-J
Prior lien
•.
Prior lien
5s series A
—1978
'66
Pacific
ACum
A-O
adjust 5s series A™Jan 1967,
^Missouri Pacific RR Co-—
Alst & ref 5s series A——.—1965
•'
AGeneral
4s_.
1975
——;
''
50%
48
48
68
68
69%
MS
'
F-A
25
24 Vi
26
M-S-
67%
67
69%
67 Vi
67%
69
gold SVis——1,__—1949
M-N
10 Vi
10 Vi
& ref gold 5s series II—-1980
Alst & ref.5s series I—.;—1
.1981
A-O
67%
67 "A
F-A
67%
67 y4
69%
ref 5s series G———1978
Si
AConv
'
A 1st
MolYk & Malone 1st gtd gold 4s—.1991,
MS
1966
Monongahela W Penh Pub Serv—
,
1st mtge 4Vis——"——
-I960
6s debentures
-.1965.
F-A
Monongahela Ry 3Vis series B
ext
.1951
Morrellt John) & Co 3s debs.——.1958.
Morris & Essex 1st gtd 3 Vis—2000.
Montreal "Tramways
Constr
64 Vi
60
82
,
,114%
94%
109
96%
48%
51
47%
35.
-
4%s
63 V'a
43 Vi
108V/2 108%;'
2
108.,
112 Vi
U-W
111
2
110
112
111
Gen
,
Cons
N
Nat
J-D
107
MS
102Vi
Dairy Prod 3Vis debs——196#
Distillers- Prod' .3*/*& ' debs-.i-*1949\''
Steel
1st
mtge
3s_
$ ANaugatuck, RR 1st gold 4s.
Newark.. Consol Gas cons 8s.
'
,—1948
„
New England Tel & Tel 5s A_.i—195x
; 1st gtd 4Vis series B——1961
N J Junction,RRlgtd 1st. 4s„—1986
32
11
J-J
96%
J-J
95
.
J-D
;
115
M-N
•
f-a
Orleans,Great Nor ,5s A—.—1983.
N O & N E 1st ref & imp 4 Vis—1952
New Orleans "Term 1st gtd 4s—.1953-
v
!
f
J-J
84,
28 '
10538
.i
.102
'
.96%
84Vi
95 y>
117 Vi
"122% : 126,,
5.
**-Ei
•
i
88
f
102%
I
106%.,
I
.96 "t
,
ACertilicatfes
Alst
5s
•
A~-0
deposit—
80
F-A
•
4Vis series D_—
.195A
ACertificates of Uepositi——
■F-a
■.
Alst
.
.Conv sectned 3V4s__—1952
N Y Cent: Si Hud River 3%s—1997
3 Vis
77%
registered—
.1997
———■
Lake Shore coll gold 3Vis
82 Vi
J-J
F-A
.
Ref 5Vis
Ref
series. A._
■
68%
A-O
73%
:M-N'
101%.
J-J
F-A
68
97%
N Y Edison5 3V4s series D—
1965
1st lien & rdf 3 Vis series E—
N Y Gas El Lt H & Pow
Mtge 4S series A
A-O;
F-A,
i960
.—2000"
.2043^
73 Vi
'73%
68
4 Vi s' series. B.
;
1973
....
IN Y New Haven 81 Hartford RR—
ANon-conv deb 4's_^.
1947
ANon-conv deb- 3Vis.
.1947
...
ANomconv
.
deb
ANon-conv
deb* 4s__1955
For footnotes
3 Vis
see
:
page
...A.1954.
1884.
M-N
M-N
■
81 Vi
■
.102
97%
,
iij
21'
.
-
57,
-109%
106
110 Vi
113 Vi ''115%
3
G
109% 111
104?: 108 Vi
■6 '
106% ■106%
101%" 110%
102'
*109%
189% 110
87 Vi
■
79
87%
80
87%
*
23
25
M-S
50%
-*46 Vi-
50%
48%
49
J-J
50%
50%
103
7T <
77,
■
13
109%
10#
109%
-
108% 108 y4
,■
35
103%
103 % 104
:
41
*-
M-S
77%
Apr
_
45%
>.
M-S *
J-J
J-J
'
"
.
1st & ref mtge 5s
:
132
:1
121
126%
32
105%
106%
11134
,101%
8
101
104
M-S
109 Va
■,
i
:
'
1 •,
V
105% 105%
.
106 %
1
734
19%'<1
6V
: .75-
17
15
17%
101
14.
101 V'a
103
103
103
114
112
114
■
*114 V'a 117%
113%
115
!
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122
•
5
a
100%. 10134
26
1 ' I
' : j
_
M-N
J-DA-O
1
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6
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1 J-D»
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104
104
104%
112% 112%
*112
114
.
■
<
1
123
123 %■''•;
124 % : '
127 %
2
11634
12734
129% 130 y8
9
116
13034::
105 % 105 y2
4
10534
107%
103% 104 %
8
102
105
104 %
10
124
105 V:
124
127
127
104
104
'
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104 Vi 105
'
75
.
76
76
7
76
75 %
-75%
75
102% 105%
10134 105
59%
83 y»
5
58%
.
58
J-D,
J-J
M-S
83
107
•107%
107 V4
121% 121%
*122
95 y8
105
M-N
M-3
-
95 Va
105
96
105%
8
54
102 Va
22
22
100% 110%
62
113%
100%
103
5
17
1.
98
30%
% 100
110
J-J
*110
-M-N'
*106% 107
J-J
J-D
*222 ya
148 Va 148 %
—
106
113 V4
102 »4
102
96
99%
10534
108% 109%
*113
*102
86
101
*103 V'a 108
102 y4
;
83
7.
'
*106
•
J-D'
/
j
<-!
105% '
■/' 14-
F-AF-A
<
.104
1
'
15
*
M-N
F-A
J-fF
M-N
•
279
.30Va
104
38%. ,7334
17%
31
11
F-A
_
397
104
—
.—1950
—
1972
2037
..———2037
99%
131
—
29%
29 y2
J-J
;
1957
1st ft ref mtge 8s
101
103% 107
25
71% ''73%'
72
J-J
"1st? & ref mtga'
82
81
112
104 %'
29
101
F-A
61
95%
87%
133
99 Va
81
108% 109
106 Va 106 y4
108%
106 -h
Af-N :
1960
59%
107
•126%.
*
r
J-J
M-3-
1977
60
53
10534
99% 101
"•131.%
;
23%
,
—
46 y»
112%
55%
50
106%;
98%
MS
J-D^
.
3V'4s
11
110%
58
105% 106 Va
105%
: F-A
Pressed Steel Gar deb 5s.....——1951
45%
105 %
117%
10534 1173a
9934 104 %
48%
45%
100
J-D
,J-J
J-J
45%
12634
78
103%! 104%
104
A-O
J-D
F-A.
Terminal 4S-———1956
Public Service El & Gas 3y4s—_—.1968
■
J-J
.'
'
—__4_1963"
t A Providence Securities 4s„
:
111
—
'.77%
*106
F-A
J-J
...
,.-1967
,
119 %
'
A-O
A-O
&
125
9'7
116 % 117%
J-Ds
1st M
107 %
•
106
103
116% 117 Va
116%
A-O
.
104%
64
103%
116%
J-J
..1949
1st 5s extended to..
101
A-O
A-O•"
;
2981
1st 4%S series A—1958'
3r/4s
121
115%
/3sc~2—4_uju196?
——
Pwr
24
32
guaranteed———.1945-
1st mortgage'
98%
100
12434)
124
.
■
126%
4%s series B—.—^—1950
4VaS series C———1960
Pltte Young; & Ash 1st 4s ser A—1948
lit gen 5s series B-————,-1962/
1st gen 5s series C——
1974
1st 4%s series D_
.—1977
Pittston Co 5y2 inc deb_—
—19G4
Favtland Gen, Elec 1st 4%s——..I960
Potomac Ei
2
■
105% 106 %
105 %
124
126
i a Providence
60%
108
126
89%
46
10
J-D,
83 y*
.
51
A-O
/
108V« 108%
1st mtge
'
12
11034
108%
1st itttge
I05ri" 109
106
106%
109
4s
Pitts & W Va
87-'
10
v110Vi 110%
•
•'•78 Vi ••98Vi
108 Vi 108 Vi
.79%
73% '*•
955/i 108
102%
(113%, 113%'
110%
-
101%'. .102%
3
■
•
'
106 y«
106
63
'•
146
'
98
-
62%% 79.%-
"'■.75
:: 102
98 Vi
84
65!.i'.'i.,.78-Vi-:
2
68
107% 108
92
69%
29
74 Vi'
*100% 101 y4
108
97Vi
78%
"1
I
M-S
83V4
.
4"
62
74%
107% 107% !
102
J-J
;
92
74%
J-J
'
-
.
55
97%
.
•"
98
75
4s—j—Apr l^9a :
108%
109 % 110
117% 118%
gtd gold—
1949
guaranteed gold
1953Series G 4s< guaranteed* .——.1957
Series H cons guaranteed 4s_—196#
Series I cons 4sJ/as—
.———1963
Series J cons guaranteed 4 Wss—1964
Gen mtge 5s series A——1970
Gen mtge 5s series
—,1975
Gen 4%s series C———...1977
Pitts Coke & Iron conv 4%s A—.1952
Pitts Steel 1st mtge 4y2s—i——1950
1st mtge 4V2s series B——
1950Seriis F
6$ V-gi'%, .87. :: ,; 101%...
•
M-N
.Mtge 4s series- B_._.__^.1_.____2043
N Y,Lack & West 4s series A
1973
.78%;
sminw
'
J-D
F-A
102
79%
A-O
1948
1949
gold 5s„
Purchase money gold 4s_,
NTS Harlem-,gold3Vis.
I
'
59
434
92
A-O'
-1965
■-757/8
96-%
80%
A-O
..V951
499
73 Vi
A-O
MS
1947
1st. mtge 3 Vis extended to.
N Y: Connecting RR 3 Vis A—
N Y Dock 1st gold 4s^_.—
70 Vi
101% 101%
:
F-A
1978
-
87
85%
noy4
109%
A-O
F-A*
gold 4%s——..1970*
debentures
108%
M-N
M-N
Series E 3 %s
J
150
'
j-j
—1974
4Vis, series. C._
3s
!
109%
.10534
109 %
4
107
108% 109%
F-A
4%s series E-ivu._..^1984'
■
Conv deb 3%s—:.1952''. '
Peoples: Gas L & C ref. 5s..-__—^..1947•
Peoria & Eastern 4s ext——-—--196(1
Philips Morris Ltd deb
107.
111%
106
22
*108 % 109,
■
J-J
ft A Philippine-- Ry 1st s" t 4s.l_—-1937s
ACertificates of deposit———i——
Phillips'' Petroleum 2%s ■ debs——f_1964r
Pittsburgh Cine Chr & St Louis—
5
74
1.
J-J
—
,
101%
108
105
111% 111%.:
1968
AConv deb 6s—
"
i
,.
78
73 Vi
24
72%. '74%
;
F-A
3 Vis '
82 Vi
I
|
200%
103 y8
*100
*105
117%
nitge 2%s—.^-—.—41971;:
IPhiladelphia & Reading Coal—
Aref Ss'istamp'ed—.
__1973
*ioiy8
72%
A-O
registered.^———
.1998
Mich Cent coll gold 3 Vis.
—.1998
3Vis registered.———1998
New York Chicago & St Louis--',
•
84 Vi
..
81
80
-s,
68Vi
105 %
113% 116%
114
J-D"
1st & ref
5
."82%
69
9
106
.103
114
F-A
"Gew mtge
Series D< 4s
F-A
:
8 4 y2
71%
82 Vi
1998;
,
77%
'
<82%
72"
39
81
'
of
Ref Si imn't 5s series. C_——2013
,
71 Vi
83
80
A-O
A-*—.—1954
depositNewport & Cincinnati Bridge CoGeneral gtd 4ViS—
——.1945
N Y Central RR 4s series A—.1.4998
Ref & fmpt 4Vis series A.
^.2013
-
71%
43
82
.
."{
70 y8 v
ei
*70
5 Vis /series
ACertificates
Vi
*71Vi
—
Alst 5s series C._——.
1950
ACertificates of deposit————
Alst
,
75
62
4-
.
s ?•
—1954
of
73
deposit-..-'.....—
series B
ACertificates
.
of
'
73
'
11034
106
110
1965>
^eries A——
Phila- Electrio 1st & ref 3%s
A-O
110
•108%
103% 103 V'a
J-D
•
General gol<L 4l/2S'series. C'——1977
Philadelphia CP coll t^ 4 y4s—^—4.1961
tNevv Orleans TexasMexico Ry— ;
8ANon-cum Inc- 5s. series: A—1935
108
7
,
*109 VI
J-D
1st gold 4%s series 'C.
—a1980
Phelps Dodge' conv 3V2S:debii——1952*
1 Phila Bait &; Wash: 1st gold 4s—
General 5s-series B-——.—.1974:
|
|
93 %
'-4
102%
108%108IA
,
104% 106%
4
105
105
M-N
Peoria' &r
i
'
94% 105Vi
105% 108%
:
Pekih Union Ry 5%s——1974 *
Pere Marquet]be 1st series A 5s_.^.1956: *
1st 4s series B'_
—195#
\
;
114%
3
.87r/a'
104'
•'
,
28'
v,
111%
100 %
104 Va'
;
'
—197(F :
.__1960* •
5s. series
A Income
*
115Vi
104.
102%
J-J
116
113%
*90
104
*
105%
99% <105Vi
123 Vi '123%
J-J
New
'
j
108
105%
<103%
96%,.
95%
95 %
..
93%
v
<102% 103%
*104%'
*113 Vi 114 Vi
J-D
jANew' England RR gtd 5s
—1945 ;
AConsol gtd 4s__
—————1945
107%
102% 102%
82-
.
105 y4 105 y4
Af-N
.1954
52
107 <
•
A-O
—.1965"
93%
92
;'
.——1974'
sinking, fund- 4%s
Debenture
93%
104
J-D >
1952
General 4y4s series D—.....
F-A
Nat
•
mtge 3%s series C_.
General
National
.•
debentures—
General Ayas
Nash Chatt & St L 4s series A—1978
;.1966
f gold 4>/2s_.i_1955'
Pennsylvania RR—
:
Ccnsol gold 4s__—.i—^—._^_l 948
4s sterl stpd, dollar..j__May 11948* '
69 y2
'65
J-D
gtd 5s.——.1947
s
Pennsylvania-Glass Sand 3y2siw.j;.196G
Pennsylvania Qhio & Detroit RR—
1st & ref 4I/2s series B
.*1981
1st & ref 3%s ser D————.1968'
Penna Power & Liglrt 3%s—1—J.196®
lOOVi 101%
66%
65%
60 Vi
mtge 3y4s series c_._._
Guaranteed'3J/2S trust ctfs D_—1944"
111
■'117'
10
.■
'
107
105 Vi
7
58%
104
Pennsylvania Co—
Ref
Paducah & III 1st
.111%
25
57Vi
-
M-N
Mountain States T &, T 3V4s—1968
Mutual Fuel Gas 1st
-
M-N
——1955.,
M 4%s series B.
58
107
M-S
108 ya
-
2
Paterson & Passaic G 81 E con3 5S-1949
Pacific Tel & Tel 3y4s series B-A—1966>
Gtd 4s series E trust ctfs
5
107
73%
68
104 %
95%
111 V'a
107
72%
56 y3
*100 % 101Vi
J-D
1955
Constr M 5s series A—
.
95%
110%
107%
M-N
242
105% 10G
106 %
46
Panhandle East P L 3s B— .——.I960
)3%
72%
73
.72%.
100
25
*
J-D
.
98
'
107% 108
104
J-D
J-D
1971
—
106% 106%
107
;
*1„
56 Vi
.10
*99%
107%
ice y2
J-D
A-O
87
'■
J-D
J-J
11%
:
J-D
1964
'
9 Vi
70%
1948
'
.
56 Vi
:
gold 5s>.
/1st■ & ref M 3s series K
56%
111% 111%
;M-N:
30
100
A
108% 108%
108%
72%
69"%
70%
14
5s
22%.
356
A-O
1966
ref 334s
Power 1st &
264
<261
J-D
———
Montana
r
J
*ioe%-
A-O
48
56%
1st
1st & ref mtge 3%s series H
1961
1st &'ref mtge 3y2s series I_—19661st & ref mtge 3s series J__——.1970
57%
■
*
M-N
1977
Alst & ref 5S series F——
Alst
36
77
,
Coast Co
Pacific Gas & El 4s series G—
■
5
310%
106% 10734
147%
148 V4
224
224%
<
•
>.
NEW
FOR
Week's Range
or Friday's
Sale Price Bid & Asked
Interest
Stock Exchange
Period
Last
27,'
OCTOBER
A-O
1968
111 3Vis
Sold
Low
111%
debentures
3s
.1959
;
J-J
2%s deb———1964
99%
56
Cent coll
4 Vis series A
& ref 4%s series B_
Gen & ref
Gen
mtge
Gen
Gen
70
94
106%
105% 106 Va
47
94 %
106 %
104 %
107%
101%
103
*107
%
6
93 %
94
46
81
95
58 %
59%
35
44%
ref 5s series C—
111%
A-O
nu%
M-S
1934
M-S
a-o
1968
1947
6t Lawr
1998
2d gold 6s_—
.—
--—*998
JSt Louis Iron Mountain & Southern—
Jos &
Pwr Ltd 1st M 4,/iS
Grand Island 1st 4s
& Adir 1st gold 5s
*13%
16%
J-J
deposit
1st mtge 5s
Pub Serv
Rocky Mt & P
St L
St
L
M-N
r_—193J
§£lst 4s stamped
A Certificates of
Ry
tSt Louis San Francisco
APrior lien 4s ser A,
3s
12
19%
Union
11
77
95%
100%
95
100
97%
59
102%
of Mo 3%s_
42%
43%
44%
45%
33
16
45 Vi
46%
203
36%
49
36 V2
48%
'
35%
36%
797
28%
32
28%
37%,
37%
J
36'
85-%
2
^
60%
61%
...
36
J-D
103% 104
M-a
~4
103'.%
128
1
126%
Devel
&
1952
31%
20
28%
27%
64 Vi
Wabash RR Co—
62
series A
1971
inc series A———1981
Gen mtge inc 4Vis series B—-—1991
Walworth Co .1st mtge 4s
—ihod
Warren RR 1st ref gtd gold 3%S—2000
64%
52
25
26
15
>
'23%
70
9
106
106 %
33
Gen
106%
West
109
Western
&
1st
100%
105%
8
108
124
107
ioo;,52 100
95%
94
101%
G9
93 %
91
90 Vi
93%
577
86%
88
302
66%
88
84%
85%
84 %
86%.
397
65%
86%
M-N
84%
84
86
303
106%
104%.
104% 105%
Power 3%s
119 Vi?
119% 120
92%
F-A
94%
97
73 Vi
94%
21
92%
108%
96
112%
A-O
108%
107 Vi 108 Vi
A-O
112%
111
112%
4C\.
j-j
114
114%
11
100%
115%
j-j
105% 105%
5
1.00%
107 Vi
109% 110
3
109%
112%
1964
107% 107%
5
106%
107%
Wisconsin
102%
104%
106%
107%
M-N
4s—-----1972
4Vis__2013
1960
—1961
2%s debenture .——a.—.———-1953
Sunray Oil Corp 3% debs—.—-1959
superior Oil 3V2S aebs
—1950
Swift & Co 2%s debs
1961
Serv
110%
*111
102% 102 %
5
J-D
105% 105 %
18
103% 104%
*103% 104 %
49
J-J
104 %
J-D
M-N
of deposit—
ACertificates
102
J-J.
107%
102%
105%
and
Aero
Motors
warrants
Supply Mfg class A—
Associates Jnc
J
Aircraft
For
(N J)
Accessories
footnotes
113
the
106%
29
91%
104 %
.
ABonds selling
69%
6
110
111%
110
110
102%
72%
99% 100%
54
91%
100%
103% 103%
9
100
101%
104 %
116 Va
116.%
J-J
68%
70%
129
57 %
68%
68%
1
60 Va
70
119
14%
22%
74%
M-N
19 J/a
17'/2
18 Vi
A-O
14%
21
109% 110
J-J
18
109 V2
110
107%
*15'/a
—
111
101 %
106
%
M-N
D—1960
24
104%
104
range,
included In the year's range,
tThe price represented la
«ale not
r Cash sale
e Odd-lot
d Ix-interest.
the dollar Quotation per 200-
TT of
flat.
EXCHANGE
RECORD
YEARLY
AND
page
—
of Prices
Shares
week, and when selling outslda tb«
regular vMkly rang* ar» show*
on
Saturday,
2%
600
—
Sep
2%
26%
Sep
21
10
x8%
Feb
13%
Oct
Jan
8%
Oct
9%
11%
300
6%
7%
28,900
2
Air
July
Investors
Last
Week'*
Range
of Prices
Low
2%
2
common
Sales
for
Week
Shares
Air-Way
;
Alabama
Great
Alabama
Power
Southern
2%
700
—
*6
preferred—
50
preferred
Allegheny Ludlum Steel
•
L
7%
pfd,._ -100
2'
35
2%
3
Jan
35%
Jan
Apr
4
July
Jan
102
Mar
Feb,
II8V4
Jun
107%
Aug
3%
100% 101%
160
89
20
114
10
104 % Mar
3%
101
107%
107% 107%
111'A 111'A
40
111%
Oct
Jan
1.000
117% 117%
3
1
High
Low
-
•
Co $7
Range Since January
High
'
oreferred-;
Electric Appliance
Convertible
Jan
4Vs July
Jun
Feb
9%
Friday
Exchange
Par
Oct
6%
11%
Curb
Saie Price
Sep
Jan
3%
9%
7
2Va
22
1.700
11%
York
High
3%
—III
r
Range since January 1
19%
—
27
OCTOBER
STOCKS—
Low
2.300
50c
1889.
ENDING
New
Uiah
—
3%
'
WEEK
for Week
—
—
FOR
SaW
Range
3
L_
Corp-
see
Week's
2%
_1
B
Alnsworth Mfg common-.
Air
53
■,
pound unit of bonds.
disregarded in the week's range unless they are the only ^transaction? of the
No account is taken of such sales in computing the range for the year.
Low
1
10
Class
47
63%
107
Accrued Interest payable at the exchange rate of $4,8484.
.
JCompanies reported as being In bankruptcy, receivership, or reorganized under Beetlon
Bankruptcy Act, or securities assumed by such companlea.
•Friday's bid and asked prices; no sales being transacted during current week, ^
118
105 %
—1
103% 104%
104
Last
Exchange
common—
Wire cu
55%
week beginning is intended to
itself, and
Par
ACF-Brill
61
62%
delivery
Deferred
111
1
111% 111%
*107%
f-a
Sale Price
aouie
67%
V*
63
sale not Included in the year*
included In the year's range,
n Under-the-rule sale not
not included in the year's range,
y Ex-coupon.
a
'
Friday
STOCKS
Curb
101
Va
list we furnish a complete reftord of the transactions on the New York Curb Exchange for the
ending the present Friday (Oct. 27, 1944).
It is compiled entirely from the daily reports of the Curb Exchange
security, whether stock or bond, in which any dealings have occurred during the current year.
every
York
102%
25
66
A-O
Tube—
I 3%s series
1st mtge s
117
RANGE
New
107%
ion
J-J
1968
Public Service 3%s——1971
Youngstown Sheet &
.
111%
j-j
j-j
and deferred delivery sales are
footnote in the week in which they occur.
21,
108%
102
102
In. the following extensive
Oct.
101%
34
—
deposit
of
ACertificates
105%
120
*117
NOTICE—Cash
include
25
68
105%.
105%
WEEKLY
a
:
99%
106%
67%
M-S
1st 4s___ 1936
SASu & Du div & term
NEW YORK CURB
in
107
77%
60
103%
106%
106
*103% 103%
M-N
5s
—1951
Terminal RR Assn of St Louis—•
Gen refund s f gold 4s
—1953
Ref & impt mtge 3%s series B—1974
Tcxarkana <fe Ft Smith 5 Vis A
1950
105%
98%
111%
49
55
*51%
Apr
F-A
Coal Iron & RR gen
112 Vi
88 %
.
18
99%
106
106%
M-N
((Negotiability Impaired by maturity.
T»nn
.
,
104
J-J
ASpokane Internat 1st gold
Stand Oil of Calif 2%s debs
Standard Oil N J deb 3s
1
107
101
119
109%
24
137
107% 108
J-D
Wisconsin Elec Power 3%ls
J-D
Southwestern Bell Tel 3Vis B
1st & ref 3s series C—.——1968
101
306'% 109%
1
106% 106%
M-N
M-S
101%
117 %
118%
98
J-J
53
102%.
100%
,
~
107
J-J
84
102
98
109% 110%
M-S
1st 4s guaranteed.
38%
104% 105%
105
J-J
M-S
16
,106% 106%
J-J
A-O
95%
*991/2
*118
J-D
——1952
.—1977,
56
*100 'A
F-A
89%
68
10
102%
*102
—
120
105
39
100% 104%
42
50%
47%
J-D
2361
Registered
2361
Wheeling & Lake Erie RR 4s__„_.1949
Wheeling Steel 1st 3lis series B—1966
Wilson & Co 1st mortgage 3s——1958
Winston-Salem S B 1st- 4s—__——1960
t A Wisconsin Central 1st 4s
1949
J-j
qg
25
111
21
100% 102.
Q-M
1948
series I-—1966
Maryland 1st 4s
ref 5 %s series A~
West Shore
105 %
91%
98
106%
88 %
%
78
;
F-A
5s—————1960
Westinghouse El & Mfg 2V8S——1951
101% 106%
169
106
80
41
81
87
87%
A-O
30-year
86
65%
20
a-o
1996
1951
107%
100
21
102% 102%
102%
Apr
Pacific 1st 5s scr A—1946
Western Union Telegraph Co—•
Funding & real estate 4%s
1950
25-year gold 5s——
—1951
101%
2
15
aa:
M-N
—.—
"l
107% 108 Vit
108%,
Apr
1945
1945
1950
——-1967
3%s
mtge
Penn
123
107
100 A
A-O
106%
300
90
98
97
J-J
4s
mtge
1st 4s
Washington Term 1st gtd 3%s_.
1st 40-year guaranteed 4s—
Westchester Ltg 5s stpd gtd—
103%
105%
5
107% 107% '
J-J
104% 105
104%
*
Washington Central Ry
105%
103
*126
108
102 %
M-a
1955
111%
106
6
*100
101
107% 107%
M-8
mtge 4s
Gen
102%
103
103%
'ci
54
52%
75
104% 104%
106
j-j
112
3
W
if-a
1950
112
106% 106%
45%
42%
10
100100,',J
1969
1981
99 Vi
*103%
A-O
f A Western
}968
104%
97%
99
99
*112
46
101
103%
j-d
103
101
32
617
45%
a-o
1949
102 Va
102
J-J
46
a-o
iy/y
101%
102'A
101%
A-O
44%
104
j-j
102 %
M-S
44%
25
j-j
102
MS
31%
r-A
1950
101 %
103%
M-N
f 4s series B-.
32%
25
A-O
101%
101%
F-A
RR cons g 4s series
s
21%
*70
6s————.1950
Southwestern Pub
101%
101'%
101%
M-S
681
F-A
6 Vis—
1st gold 5s__
1st gold 4s
101%
A-O
32%
1941
Louis Div
St
301 Vis
101% 102
M-N
31 %
100%
gen
Mem Div
102%
102%
100%
M-N
73%
14
-----
gen
100 3i
101%
M-N
73%
F-A
Ry 1st cons gold 5s——1994
Devel & gen 4s series A——1956
&
105V8
M-N-
43
63%
F-A
Southern
Devel
110% 10*
10134
M-N
43%
101% 101%
Stamped
10
20
102
M-N
-
41
M-S
"
Pacific Co—
South Pac
104% 104%
M-N
21
J-J
1st 4s>
RR 1st ref gtd 4s
109%
102
12
106% 107%
M-N
72%
1961
Fran Term
106
109
109 %
107
M-N
44%
M-S
registered——--———1949
4%s (Oregon Lines) A
1977
San
111%
M-N
73 Vi
100
—
108%
M-N
31%
a-o
RR gtd 5s—
1963
Bell Tel & Tel 3%s
—-1962
Gold 4 Vis.
109%
34
F-A
71%
18
Gold 4 Vis
102% 106%
A-G
70%
70%
102 Vi
—
102%
A-kj
A_—1955
—-1957
Va Elec & Pwr 3%s series R——1968
1st & ref mtge 3s series D——-1974
Va Iron Coal & Coke 1st gold 5S—1949
Va & Southwest 1st gtd 5s—
2003
1st cons 5s—
'—.——1958
Virginian Ry 3%s series A—
1960
Cons
128%
a-o
Nor Ala
Gold 4Vis
106% 108%
16
29
—
—
Vandalia
105%
128
a-o
4s
1st
33
105% 106
105% 105%
105%
—
104%
102
coll)——
106% 106%
M-N
»
38%
102
*103%
M-N
City &
Chic &
(Cent Fac
4s
20%
106 "a
102% 104%
64
30%
22
1;
Southern
12
-
104%
92
J-J
debentures——
5
104 %
103 %
82%
38%
1
i
3s
112
19
.
86
53
97
104%
35 %
70%
23
63%
63
104 %
60%
a-o
•
86
97
1954
South
110%
..
—
106%
7
'.
106% 106%
F-A
1935
South'&
107%
104
104
A-O
31 %
Skelly Oil 3s debentures-Socony-Vacuum Oil 3s debs
40 Va
106%
——
50
45%
j-d
.—-1935
See
101% 103%
———
—
36%
j-j
Q
debentures 4s—
Pacilic Div—
Northwestern Ry
2
-
:
45
j-j
IIHI933
Co
104
105% 105%
J-J
44%
Sioux
101 Vt
107% 107%
1967
'
46%
32%
606
45%
j-j
1945
Simmons
1
120
F-a
May 1*1949
Nov 1 1949
*2.15s
-May ! 1950
2.20s
-i
Nov 1 1950
2.35s
—May 1 1952
2.40s
NOV 1 1952
2.45s
—May 1 1953
g
2.50s
L
—Nov 1 1953
2.55s
May 1 1954
2.60s
Nov 1 1954
-2.65 s
—May 1 1955
United Stockyards 4'As w w
>1951
Universal Pictures 3%s debs
-1959
v'j
94
89%
45 %
m-n
1950
—1950
gold 4s unstamped
8 A 4s gold stamped
§ARel'unding 4s
104
'
.
J-J
—1947
Pacific RR—
land grant 4s„
&
2.10s
35 %
;-197r
1953
1989
§ A 1st
96%
103% 103%
J-D
J-J
debentures
2.05s
,
■{
45
1953
Depot 3V8s B
Schenley Distillers 4s si debScioto V & N E 1st gtd 4s
tSeaboard Air Line Ry—
76%
93%
—
If-a
Nov 1989
Paul Union
*
j-j
A——1990
St Paul & Duluth 1st cons gold 43-1968
tgASt P & K C Sh L gtd 4Vis—-J941
St
106
62%
63
43 %
-—1989
bond certificates
A 2d 4s inc bond ctfs
{A 1st term & unifying 5s__
A Gen & ref gold 5s series
4s
8
102'A 102%
AHJ
3 Vis deb
*
1970
35-year 3 Vis deb——.——1971
Ref mtge 3%s series A———1980
United Biscuit 3%s debs_,
——1955
United Cigar-Whelan Stores 5s—1952
United Drug 3%s debs
—1958
United States Steel Corp—
Serial debentures G G\ ;
108%
106
3
% 101%
*100
J-J
1950
Louis-Southwestern Ry—
1st
30%
103% 103%
J-D
MS
124
-
of deposit———APrior lien 5s series B
-1950
ACertificates of deposit
-----ACons M 4Vis series A
->-1978
ACertificates of deposit stpd.;
iSt
105
11
76%
lOO'/s 100 Vi*
100%
J-J
Cert ificates
A
83%
82%
37%
82%
35%
82%
36%
A-O
*18
17%
106%
76%
*72%
m-s
1959
1955
5s stpd-
71
111
a
-
GUll Division
River &
98 V
104%
103%
111% 111%
50
106 % 106%
j-j
a-o
■*'
*103%
A-O
39 %
15%
15%
15 %
106 %
98 %
m-n
11
48
46%
47%
j-j
98%
23
80%
97%
J-D
34-year
St
79%
—_197T
1st
Saguenay
98%
56
JSAUnion Elev Ry (Chic) 5s——1945
Union Oil of Calif 3s deb--—..
1959
110%
~6
■
107%
59
110%
109
J-J
125%
81 %
98%
;
Union Electric Co
j-J
115%
86
97%
J-D
'
1949
29
21
98%
U
M-S
1941
106%
97%
97%
'
4...
*125%
M-S
.1967
Louis 1st 4Vis
t A Rut-Canadian 4s stpd
tSARutland RR 4Vis stamped
106%
1051/4
98%
111%
M-S
.1907
t§AR I Ark &
A-O
.1980
&
105
66%
93 Va
J-J
.1969
-
—
102% 102 %
A-O
.1977
—
3%s series H—
mtge 3 Vis series I
mtge 3V4S series J
Gen
1057/e 106%
M-N
1949
mtge
Gen
105%
J-/
4s._1939
Elec Corp—
series D
Gas &
4 Vis
Rochester
102
j-j
1997
-1950
.J960
Rand deb 3%s
ttevere Copper & Brass 3 Vis
f tj ARio Grande West 1st gold
A 1st cons & coll trust 4s A
Remington
105
97
22
102
j-j
4s~—1951
1997
High
12
106% 106%
J-D
& ref 5s series D__
Pacific-Missouri—
1974
Pac Tenn RR of New Orl 3%S—
1960
Third Ave Ry 1st ref 4s
1960
AAdj income 5s.
*
Jan
1960
Tol & Ohio Cent ref & impt 3%s>.
1950
Toledo St Louis & West 1st 4s
.1940
Toronto Ham & Buff 1st gold 4s_.
194£
Trenton Gas & Elec 1st gold 5s__.
1953
TrI-Cont Corp 5s conv deb A
R
Reading Co Jersey
Cow
No,
125% 125%
200U
Gen
105
tiiah
105% 106%
106%
.1977
Pacific 1st gold 5s
ref 5s series B
Texas'
a-o
M-N
.1979
&
Gen
100%
A-O
.1965
3s deb
Company
Texas
Gen
Quaker Oats
Range since
Bonds
Friday's
Utah
105%
No.
99% 100
or
Low
Texas &
99%
Last
January 1
Sold
Sale Price Bid & Asked
Interest
January 1
*105% 106 Vi
__
Period
Stock Exchange
York
New
Range Since
Week's Range
Friday
BONDS
Bonds
Uiah
Low
Public Service of Nor
ENDING
WEEK
Friday
BONDS
New Tork
BONO RECORD
YORK
RANGE
Monday, October 30, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1884
Oct
114% July
•»
EXCHANGE
NEW YORK CURB
Last
Exchange
York. Curb
New
inti
Allied
Products' (Michj
S3
investing
6
1
Alles & Fisher common———
Allied
25 J/4
25%
100
8%
Jan
25%
Oct
10
26%
26%
100
22%
Feb
31
Jun
28%
28%
25
23 %
Apr
31
Jun
34
36
——
conv, common—
—25
Aluminum Co common——
*
Class
A
preferred
6%
Goods
Aluminum
Industries common
Ltd
Aluminium
114
350
114%
100
20
18%
200
1.850
73%
Jan
104% 104%
100
95%
Jun
1%
Jan
2% Mar
Canada
6 % 'Jo
40%
30
28%
Jan
10%
10%
200
5%
Jan
13% Aug
44%
300
38
Jun
45 %
41
250
35%
Jan
42
40
40
1%
Feb
3%
Oct
36%
Oct
%
36%
%
Oct
70,400
%
Oct
17%
17%
200
15%
Jan
19
Jan
33%
,
if
\
31%
100
110%
common—.10o
$2 convertible preferred
„
1
$2.50 convertible preferred
1
American Hard Rubber Co
...—25
American Laundry Mach
...20
Americwj Light & Ttac common
25
7%
preferred—
4%%
General Corp
'
26%
31 y«
32%
110'/3 111%
7.700
7%
1.600
5 %
75
34%
41 Va
Jan
325
44%
75
18
18%
100
14%
Feb
16 %
July
25%
Apr
33%
550
17%
18%
1.900
25
51%, 51%
3534
class
Maracaibo
American
1
Co———
—•
American Potash & Chemical———•
American
Republics
10
American Seal-Kap rommon:
—2
Amer Superpower Corp
com——10c
!
1st $6
preferred
——,—•
$0 series preferred.
—•
American Thread b'/o preferred
—5
American Writing Paper common——*
Anchor Post Fence
2
Angostura-Wupperman —.———1
Apex-Elec Mfg Co common
..._.*
Appalachian Elec Pwr 4%% pfd—100
Carnation
Oct
Co
Jun
Juii
19
Sep
Carter
(J W)
27
Aug
Casco
54
Sep
Castle
(A M)
,
10%
3%
Jan
11%
2.700
400
~"%
4%
i9«
12,700
112% 112%
250
105
14
112%
50
Tfb
Oct
Central
New
July
Central
Ohio
15%
Apr
5%
;
Jun
Jun
112%
Power
Central
8t South
Aro
20%
Sep
Cliaris
Jan
4'A
Oct
7% July
Jan
5%
400
3%
3%
400
2% May
4
2% Mar
3
3
200
260
7%
4.000
2%
3%
3%
3%
10%
8% Aug
4% July
$6
3
3.600
4
Apr
May
4% Mar
60c
9%
400
10%
Jan
97%
& Refining Co——
Oil
18%
20%
110%
11%
6%
American
rects
dep
reg
8%
—
•
Associated Laundries of America..
Oct
If
Fisheries
Atlantic Coast Line Co—
42
2%
Claude
Automatic
Voting
Jan
8%
100
Jan
Cleveland Tractor common—,
1
200
8% July
1% July
3% July
Club
%
Jan
July
•
Jan
8%
1,400
10
44
31
250
2%
6.300
80
12%
Feb
47% May
Jan
•.„1 % May,,
3%
7
Colorado Fuel &
2.200
5%
Jan
4.800
9%
Apr
17%
Oct
Colt's
2.700
3%
Feb
9%
Oct
Columbia
5%
6%
500
6% July
4% Jan
11%
500
8
May,
12
25
100
21%
Feb
25% July
13%
15%
2.100
9%
15 %
Jan
for common—
-w.—-—30
preferred—
7?o
de
200
39%
100
40'A
Aug
Barlow
&
i
3%
common,—.—3
——
— 1
common,,
;—,
*
Steel
~5 %
Corp..
Seelig
—
9
6'%
(L)
3%
17%
A
convertible preferred——20
Aircraft common—
—1
Bell Tel of Canada,——
-100
26
26
$1.50
t
3%
20
141
& Co
(S)
Borne Scrymser
common—.
"7% 1st preferred—
$5 2d preferred
Lgt & Pwr,.
common,.——
Aeronautical———
A
4
,LI u,,.-
_n m m jum
Hi. mi
I.,,
British
American
Oil Co_L—
British
American
mn ,n.ii-i
>|i
m,.
82%
10
Convon
Sep
3
Aug
Jan
11
Am
dep
52
Oct
Jan
17% July
Crown
7%
Feb
11% Mar
31%
Jan
Jan
13%
'2%
3.400
8%
900
12% July
10
Atlantic
Curtis
Lighting
Curtis
Mfg Co
13%
Jun
Jan
Jan
15%
Class
,
prior preferred
Brown Rubber Co
31
31
20
30%
.
1Q
20
-
Sep
Feb
20%, Jun
20
18% Aug
50
Feb
15%
250
20
Jan
20
3%
19%
Jan
4% July
19
Oct
Oct
Bruce
(EL)
Co
17
,*
May
2'A
1% May
Jun
Buckeye Pipe Line—
Buffalo
$5
Feb
22%
Sep
26
Jan
Jan
91% Aug
5%-
-
18
18%
500
15%
3
,1
—25
preferred
Hill
&
3%
1.300
77%
lis
30
10%
2.50
(P
For
H)
Corp*,,
30
10%
Feb
100
21
Jan
600
9
Jan
footnotes
see
12%c
page
——25c
1889.
1 'A
9%
J an
Oct
200
12'A
% Mar
4
Aug
l%Mar
Jan
38
Aug
6%
6%
700
Jan
7
Sep
68%
1,700
63%
Feb
70
Sep
30
113%
Feb
118%
109% 109%
40
104
Jun
111% Aug
6% Aug
68
117
109%
117
6%
45%
3.700
8%
9%
4%
200
44%
1.600
6
32
Jan
"
Jan
6%
.1%
15%
5'A
9%
Jan
Jan
6
July
Jan
14
July
.108 %
12%
2.000
108% 108%
110
100
16%
Mar
12
Apr
12%
Jun
J an
9
12%
Apr
2%
3%
25,400
6
Oct
115
9%
6.800
16 T'a
Sep
50% July
Jan
114% Jan
1
Aug
67%
6%
.
•
Oct
...
8%
10.150
Jan
12
Oct
17% July
Feb
%
7%
5%
8%
Oct
U
Jan
Feb
14
Apr
100
1%
Jan.
87'A
87%
20
83 %
Sep
2%
2%
200
2
Feb
3 % July
33'A
33'A
200
23
Jan
36% July
23
24%
3,700
2
•
2%
2
"
2% July
88
Aug
(Md).
7%
Apr
9'A July
22% July
% Jan
2.500
28% Mar
1%.
1
1%.
9%,
9%
9%
900
3%
6%
1.900
3%
A
Jan
10%
25%
3%
2%
■
common—
1,600
3%
11
3% Aug
Jun
i
10
Apr
July
15
,
Jan
,
Jun
6% July
25%
Oct
4%
,
23%
,
Oct
12.300
Inc common—„,2.50
(Mo)—
0
Oct
19%
225
52
Apr
26
Jun
Jan
16%
Sep
2%
21%
23%
46
Feb
3%
33
,-—10
5
•
25%
Jan
Feb
1%
Jan
5%
Apr
3%
8% May
9
Oct!
'A Aug
D
-
3'/a
30
Oct
May
Aug
Oct
10% July
i
preferred
$6 prior
debenture
De
3
Jan
Diana Stores Corp.
Co
Oct
;
;
Oct
,
82'A
135
May
'"i
,
Jan
10% July
Jun
79%
Feb
! '
12%
Feb
16:
Jun
'
19
Jan
21
July
79'A
79'A
5%
'280
28'A
25'A
10
—
29
25%
——1
:
j
29
Oct
Jan
26
Aug
8% July
Sep
113% Mar
11'A
12
123A
5.300
18%
9 %• Aug
12%
Oct
dep rets ord reg—
I
common,
Apr
1% July
Apr
4
Jan
Dominion
Jan
Dominion
Steel
-1
Bridge Co Ltd———
5%
-1
& Coal R_
1C3A
900
5%
18%
200
10%
Jan
5%
400
'
5
5
Oct
22% Mav
—25
6 %
Feb
,
July
11
Jan
18%
18%
17
Mar
10'A
10%
Corporation
j
,.j
•?
;
Oct
13
.£1
j
:
Jan
6%
■
'
22
30
*
i
"
1% July
20'A
600
;
6% July
% Jan
3%' Jan
Ltd—
Co
':
■!
72
—10
preferred—
:
Shoe common..:
Domestic Industries class A corn-
4% July
113
•:
7
'; ;
'
—20
Vilbiss Co common
7%
Am
3.200
900
'i'
;
Sep
July
5% July
.
Jan
'
79%
r)%mopd
Dobeckmun
'3%
8%
Jan
65
1.600
Divco
3%
10
8%
3'A
1.100
2.100
Oct
3%
13 V*
6% Mar
5%
82'A
5
13A
Oct
1
Sep
6%
Jan
12.200
36'A
6'A
12
1%
Jan
1%
111
1%
33%
1%
Feb
'
35%
10
6'A
May
10%
21'
Detroit Mich Stove Co common- —-1
Detroit Steel Products—„_L_—, —10
9 Vs
10%
Jan
Foundry,—... —1
Gray Iron
14%
10%
15%
I—i
preferred——
Detroit
97%
19%
27
150
82%
•
—
200
Apr
Jan
19%
—100
—
Oil & Refining Corp com,
preferred———
Detroit Gasket & Mfg..
convertible
6.800
900
35%
5%
.—50
—■—_
Derby/
A
19'A
35
1
Dejay Stores—
—
Dennison Mfg class A common— .—5
19%
18%
24
1
Dayton Rubber Mfg——l
Class A convertible
Distillers
1%
.i:
common.—
11%
Davenport Hosiery Mills—...—
110% 110%
18%
•
Sullivan,.
Corp Am dep rets,
Rnrry Biscuit
Butler
14%
•
preferred—,,
1st
Burma
Oct
••3%
5%
Niagara & East Power—
$1.60
Bunker
5%
2.400
5%
,5
common
pA
}
8%
—1
...
Apr
33%
T
37% July
18
...
—_*
—
common
1
■
Aug
*
—
Forman Distillers
Brown
$5
preferred—!
A
%
1,300
13
11
Jun
Feb
Oct
i'« July
•••:
12%
^
1
common,
,'*"*13
50
Sugar
Tobacco
Cuban
t
;
3%
77%
26%
'
5%
reg)—£1
5
1
•
——5
Crystal Oil Refining common
$6
preferred
f
13%
47% Mar
Jan
Feb
20%
100
2
Oct
23
Aug
4% July
1/64 July
4,800
26
24
6 %
Brown Fence & Wire
A
50
Oct
-
56%
500
Jun
Jan
360
1.700
Cuban
Oct
Sep
500
77%
3V
3
3%
31%
3%
35%
15
21%
Jan
1% May
•
Class B
3%
Feb
9'A
Apr
2%
Jan
8
,10s
A
4
Oct
Ltd—
Columbia Power class
British
Oct
July
6%
Sep
6%
12
2% Apr
32'A Aug
14%
9%} Jan
900
2%
July
4%
Jan
3%
*
Sep
1
17%
1.100
600
26
common,.———25c
convertible preferred—25
r,cU
Oct
29%
Jan
6 %
13.100
12'%
113
Jan
%
19.400
3%
19
28
34'A
Crown Drug Co
...♦
rets ord reg J—
International
Jan
10%
21 %
£1
reg-i————£1
ord
rets
Celanese
Amer dep
Cork
43%
200
8%
dep rects ord bearer
British
Petrol
400
2%
■
Co,
Cent
350
Tobacco—
*
Brewing
9%
18%
Jan
1,700
3%,
——100
preierred
Crowley Milner & Co—
Mar
3
"
Am
Croft
15%
19%
11
2.700
—.1
Petroleum—...
Creole
50%
10%
2%
—
receipts (ord
dep
9%
24
18% Aug
*
50
50
Oct
39
Feb
Co—!—♦
Reynolds—
&
Crown
29%
Sep
Jun
2.100
;—
*
Mines——i_5c
5 "to.., convertible
July
15% July
Apr
29%
9
Courtauids Ltd—
Oct
10
Feb
Jan
80
l% July
Jan
11%
8%
16%
preferred A——".——*
Cosden
Petroleum common
1
15% Aug
Feb
1%
10
Jan
Jan
30 34
33A
5
,1
"; $«
11%
109
Jun
Mar
9
200
8'A
10c
Coro Inc d—
Oct
Sep
2.700
109
9%
22%
1.400
3%
Co
15%
•
Ltd
Co,—
Cornucopia Gold
39
2.300
;13 %
Smelt
preferred
Range
Copper
36
2%
3%
&
Fdy & Machine Co—
prior
7%
4% July
14%
31
17%
...—100
Storbs——
Cook Paint & Varnish
19% July
28 % July
2%
29'%
39
16%
12'A May
Continental Gas & Electric Co—
Aug
Jan
Textile
Continental
Uep
Jan
13%
50
38
%
4
500
3%
July
4% May
Jan
2%
Bridgeport Gas Light Co.*———*
Bridgeport Oil Co,—
~*
Brillo Mfg Co common
—•
daSS
Retail
141
8,700
,100
—*
•
—1
—1
.
Mining
Consolidated
American
—
Brazilian Traction
Corp
Oct
Apr
6%
4.800
8
8%
*
common——
preferred
series B
Apr
12
1.700
1%
10
preferred series C———100
Consolidated Gas Utilities———
1
% May
100
10%
1%
25'A
4 7o
Jun
14%
—i_——25,
:——
—*
Inc
Brewster
9%
10%
127% Feb
6%
10d
Co
Bowman-Biltmore
14%
10
,—•
—•
,*
Co common—
7% 1st preferred
Breeze
Jan
Apr
2%
6.700
2%
14'%
W) common
—.
1
Ridge Corp common,
—1
$3 optional convertible preferred
•
<H C)
2
"2%
Blue
Bourjois
Jan
Apr
21
100
700
3%
Jan
*
Consol
26
20%
18
1
—
Oct
—————*
common
Blumenthal
4%%
Sep
41% July
35
Bliss '(E
Bohack
Oct
30
140
Hedges common
•
preferred
————_•
Berkey & Gay Furniture——
1
Bickfords Inc common——%
—1
Birdsboi'o Steel Fdy & Mach Co com—*
1946
to
Oct
Convertible
Blauner's
extended
c
Gas & Coke Secur common
6%
&
Benson
9%
Jun
14% Mar
Bellanca
Jan
100
wariants—
Southern
&
17%
,10
Inc common—,
Beaunic Mills
,9%
Public
Feb
6'%
111% July
Feb
73%
Jun
65
:
Jan
6%
—100
4
1st preferred—————100
Brummel Ties,,———— 1
7%
Jan
85%
34%
13
2%
8%
10
;_25
50
,
100
700
103
Oct
66
2% May
2.000
6
118% July
3-6%
preferred
——^—.—100
Consolidated Royalty Oil
10
Consolidated Steel Corp—
——•
17%
5%
17'% Mar
Jan
14%
3%
Arms——..
Consol G E L P Bait
Jan
13.000
Sep
92%
127/8
105'% 109
10%
10%
18 July
■
Electric—
&
Consolidated
3%
12%
1,700
38%.
$3 preferred
—_*
Consolidated Biscuit Co„——...
1
Mfg—
convertible
Basic Refractories Inc
Beau
29%
Jan
9
shares—
Barium
Baumann
6%
20.700
8%
10,900
8
Service——25
Community Water Service
1
Compo Shoe Machinery—
Andes-
los
American
$1.20
40'%
1
Co common—.
Rubber
Baldwin
Banco
8
8%
Sep
Jan
Jan
20'/a.
1
:
preference
Community
"
warrants
10%
'A
1%
warrants.—.—-
Iron
Fire
Gas
Commonwealth
V
20'% Feb
Patent
5%
Oct
11
25
16.600
Jan
6%
—*
Airlines-
8%
29
38% Aug
7
ordinary
Colonial
Oct
10%
27%
Sep
——_*
Co
Development
Colon
Oct
16%
27%
Oct
34
9% July
17%
103
;*
common
.7 "i
Babcock & Wilcox Co——
July
117
-
1,200
——100
Corp,
Co
10%
1
16
Jan
750
66
13'A
Illuminating,.—„•
Utensil
Plow
Cockshutt
15%
11
Coal
Aluminum
Conn
Purchase
Electric
Clinchfieid
7%
Patoka Collieries
Baldwin Locomotive—
& Lambert
Clayton
10%
-.25
Jan
Feb
Jan
Mar
8,975
53%
1
——
6%
15%
—5
Avery <BF> & Sons common—
6 % preferred:
7 'A
400
%
in-
Inc__...——..1
Mfg—
i
4
5%
1
._.*
Co
Ml Aug
5% July
9:% July
'
—1
Machine—
Apr
10%
10
9
Lights
Neon
11
Products—.——
Sep
—10
Homes—
Clark. Controller
Oct
*—5
Forge common.,,—...
Plywood Corp—
........
Automatic
Ayrshire
9%
2%
Drop
Atlas
Atlas
Sep
11%
75
::s5
...
warrants.:
Alias Corp
Suburban
22%
Apr
2% Mar
Coast
Jan
3%
'
Stamping
Auto
&
3.800
6%
*100
RR Co pfd
& Coast
Birm
Atlantic
City
119% .Sep ;
Apr
%
8.000
38%
36
•
7
Associated Tel & Tel class A
Atlanta
Jun
Jan
97
.*
preferred B_
Cleveland
—£1
13
8%
13%
———100
preierred BB„_
7%
200
1%
Jan
Electric Industries—
Associated
July
50
106
7% Mar
2.600
11%
19%
Oct
105
4,700
9
preferred
S6
Jan
96% May
—25
Cities Service common————10
Oct
87A July
9 %*
121
%
'
G2%
May
Jun
7%
Co„5
—10
SChilds Co preferred
Sep
113% July
May
21%
4%
4
Oct
Jun
112
-""%
Oct
9
A 16%
Jun
200
11%
U%
36 %
3
500
3%
10%
preferred.*
1
104
103
104
200
Jun
115 Aug
19%
Jan
119%
Chicago Flexible Shaft Co common.—*
Chicago Rivet & Mach—
—,4
Chief Consolidated Mining
;—...,1
Jan
Jun
106%
-
400
Jan
118
3% May
7% May
6,600
8'%
_5
Ghesebrough Mfg—
July
23%
Jan
13
109%
<7
3%
1.100
21
109
i—
8'A
8
'
4%
7Ve
Corp common—
~7%
7%
_ioo
Clierry-Burrell common,.
Jan
.
10
20
—.1
pfd
Jan
7% Aug
Utilities—50c
3%
5%
-2.50
100
Oct
Jan
12%
Jun
48%
May
114
com...—*
Light 7%
West
1.600
Metal Works common—...— —5
Ashland
&
1.000
,*
Equipment Corp.
13%
Ciiamoerlsn Meiai Weather Strip
City
Art
13%
Jan
108%
Cessna Aircraft Co common,———-1
Oct
7%
41
7.000
Products—.
%%
109%
July
•
pfd..—,.100
5% pfd—100
Power
Steel
19%
10%
Arkansas Power & Light $7
Yoric
4 %
3
Oct
10
•
1
7%
18%
20%
29
...•
Elec
4%
20%
Feb
x23
10
&
Power
Central
% July
May
Maine
Gas
18%
...-1
„■
48
4%
%
—10
preferred
6%
Jan
Apr
Jan
11%
non-voting—..—*
A
class
Common
22 %
40
31%
43%
11%
o
Argus Inc —-———
Arkansas Natural Gas common
: 400
32
43 %
...
16
19%
America
of
2% July
Jan
18%
Co.
Hudson
Jan
144
Jan
180
...
Jan
1%
12%
48%
.;
com,
&
Corp
Central
1% Mar
U Sep
600
...
144
425
46%
—
Catalin
Apr
5% July
1.000
.—,10
—1
Products,,,
102% Aug
5%
1%
15
$7 preferred—*
preferred
Co
Jun
24
Feb
15%
1%
•,
•
Carrier Corp common
'•
Sep
4% Mar
•
Carolina Power & Light
Aug
$6
Jun
7%
.
100% July
,Jan
4%
100
x4%
x4%
X4%
_•
common
46
Feb
31%
American Meter Co——
Sep
21
Sep
20%
Jun
7'A
•
remral
1.
20%
1
A
34
*
1
9% July
100
.;
19 %
'
Jan
88'%
..103
,——.——.100
Preferred
7% Mar
Jan
Ltd—
Products
Co
&
9%
Jan
4%
100% July
•
*
Class B
Oct
40%
Apr
25%
32%
Industries
City
Carman
Apr
53a
2.600
25
—
—
preierred.
Capital
5-%
1.300
8%
'
40
17%
7%
COQ
7%
7%
Alcohol-
Canadian Marconi—
Sep
7%
Jan
39
32%
Jan
9
7
100
voting—.
non voting
Class B
8%
—,*
Foundry Ltd—
preference
July
7%
——5
Ltd.
Co
Industrial
A
Canadian
July
Oct
114
Jan
107
44%
39%
1%
Jan
7%
>
—25
8% " preferred——'
American Mfg Co common
Insurance,,
Canadian Car &
Class
35%
35%
36
Foreign Power warrants& Hoe common—.
*
Gas & Electric..
10
American
Fire
4
7
1
...
preferred
Canadian
6.100
Jun
1%
Jan
8%
—10
Power.
Corp
Cement
Oct
3.100
%
200
3 Pa May
—£1
1
pfd
Estate—
Electric
Tungsten
Aug
3%
3%
3%
Fork
American
Callite
104% -Oct
dep rets 5%
Sugar
Participating
com——10
new
California
44
&
American
Calamba
40 %
25
1
American Cyanamid Co
Oct
Oct
42% Aug
10%
,
American
,
14%
84%
May
Camden
—
A
Aug
14%
1%
Wireless—
American
84%
1% July
Ji! Jan
1%
—_50o
certificates
trust
ac
14%
1
American Book Co
,——100
American
Central Mfg
—1
American Cities Power & Mght—
Convertible class A_—...
23
Class
20
Feb
Voting
Cables
Aug
20
9
50o
Cable Electric Products common
Oct
115
Feb
82%
American Beverage common
Class B—
36 %
27% Mar
109%
20
.——100
.—
6.200
b3
——*
*
*
Mfg——:
common—:
preferred
67o
34%
100
——;
Aluminum
Range since January l
Low
High
8% July
July
pfd—*
conv
Shares
High
Low
Par
High
Low
High
Sales
for Week
Range
of Prices
Sale Price
Range since January 1
Shares
of Prices
Low
Last
Exchang»
Curb
York
Week's
Friday
STOCKS
New
for Week
Range
Sale Price
Par
OCTOBER 27
Sales
Week's
Friday
«TOOKh—
ENDING
WEEK
FOR
RANGE
1885
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4329
160
Volume
Oct
19'A
Oct
6% July
25%
Sep
8% July
j
THE COMMERCIAL & FINANCIAL CHRONICLE
1886
Monday, October 30, 1944
NEW YORK CURB EXCHANGE
RANGE
Dominion Tar & Chemical Ltd
Harris
Driver
■
Co
•
1
*
common
Duval
Sulphur
Texas
.-100
100
prior preferred—,
4%%
6%
preferred—__i
Eastern
eastern
Hussmann-
25
74
Feb
81
81
11
Jun
100
3%
Jan
200
214
Jan
8% Aug
4% July
11%
300
9%
Jan
11% July
2%
30
45%
44%
■
—1
•
*
Feb
56%
Jan
81
6.700
Jan
4974
Jan
74
Mar
1,600
1%
5
common..
3714
174
33%. Jan
52
52
814
9%
1,200
16%
8
35%
775
50
10%
5
48%
Oct
17%
Sep
Elliott
Co
5 74 %
Inc
.—1
common..—
11%
Feb
34%
30
Jan
12% ' 12%
200
11%
Sep
48
49
250
46%
Sep
10114103
70
10%
1%
1%
41
3974
14.500
28%
28%'
44%
44%
47%
Jan
4%
Jan
7%
27
Oct
34%
Feb
47%
t
v
c
11%
Airplane— -1
Engine &
Fairchild
Falstaff
4%
Brewing—
*
Metallurgical
Fansteel
—
Mfg Co.——
Fpdders
"Is
...
(Phila)—_—-— .10
Ford Motor Co Ltd—
Association
£1
35,400
1%
Jun
500
12%
Feb
1674 July
34
35
5.300
14%
Feb
36 74
Oct
10%
6,700
5% May
25% Mar
11%
Sep
64
9%
61%
61
62
70
Apr
A
non-voting
on-voting
Class
B
614
6%
3,000
4%
Apr
6%
22%
800
19%
Feb
23%
(Peter)
Fuller
$3
1.25
Grain & Malt
__1
150
23
Aug
4
4
—1
common-
(Geo A) Co..
,
stock—
—
convertible preferred.
26
25%
___I
Distilling——
Co
Froedtert
100
rets bearer
Brewing new...—
dep
Amer
Fox
U'lttxikhu
100
3
Feb
13 74 July
10%
900
9
Jan
117 a July
11274 113 74
190
106
10%
22%
17%
150
16% Aug
18
5%
900
10%
Jan
19
Gellman
58
General
Jan
184
ft*
Oct
78
10
Feb
8
70%
Feb
78
1%
Jan
3%
U
Jan
3
1%
400
1%
General Finance Corp
5 % preferred series
.1
common
15%
100
5%
15%
.
300
5%.
5%
12%
8%
8%
19%
200
General
Rayon Co A
stock—
General Shareholdings Corp
$6 convertible preferred
*
—1
,
140
40
115
$3
preferred
*
—
Georgia Power $6 preferred...
$5 preferred.
63
77 %
Feb
9074
18%
18%
200
14%
Jan
19
"1874
2074
2,300
7%
Jan
22%.
15%
Jan
2074 July
874
Gilbert
(A C): common..
Hosiery
B
Corp
Equipment.
874
Preferred
Power $7
774
Jan
1074
Gilchrist
Co
Aircraft
(PL)
Apr
19%
Class
B_
preferred..
Apr
19% July
800
274
174
7% May
Jan
700
1,200
200
181
16%
19%
Goldfield
Consolidated
14
7
la
$3
preferred..!
Gorham
Mfg
12
75
1774
874
974
1,000
774
900
74
%% preferred-
Jan
374
3%
10%
900
374
48
49%
274
Apr
5
Jan
1274
274
Jan
515 a
8774
Feb
1007a
Oct
92
Feb
104
Sep
210
100
Jan
109
18
Jan
120
July
6,700
474
100
100%
100
200
103
101 % 103
107
5
107
108,
13%
12 Vj
1274
1274
100
24%
Lamp A
24%
25%
1,200
.
Atlantic
& Pacific
Non-voting common
7% fist preferred
Great
l«
Stores
States
$6
Feb
55
74- Jan
is
X4074
Jun
82 % May
Feb
37%
Jun
Jun
50
132
Jan
4%
91
37
850
10
1,300
4%
2914
Jan
6-%- Feb
200
3% Mar
*
37
10 %
Hammermill
Co
Ltd.—,
Paper—
5
6 74
Mar
xllS
Jun
10
Hartford
Electric Light.
Hartford
Rayon
Harvard
"Brewing Co.
Hat Corp of America
Hazeltine- Corp
Hearn
:
5%
Jan
10%
111% Jan
May
July
.
—
Common
(R)
&
common
OH
Border's
Hormel
Co
A
& Cc
Horn
(A
Horn
&
Hardnrt
Horn
&
Lit
—1
5%
8
10
.
•
Groceterias
For
1%
47
Class
45
—
■.,:1%
*
see
page
1889.
Jan
59% Aug
Jan
1874 July
274
Jan
274
Jan
Feb
,.;-75
21
45
4,700
3074
15
1%
3174
713%
13%
14
800
.
Aug.
Mar
-
■:
,1
45%
10%
,
V
,124 Aug
31% Oct
2674 Aug
.
5% "Mar
Feb
AprFeb
600
;10%
150
■
.26 %' Oct •!..
6 74 Apr !"
•
Jan(^
',300
1474,. 15 74
5
25
10
.
Feb
1474 July V
Jan.
3,
300
4
•
4
-.July'
67a Oct
110
974- Jan
1,200
174
"26%
,~3
,3
1—5
'
2774
-374
;
,
.
22%-Feb:''
—10
10%
,
-
1074
13
1074
•1%
-*
preferred class A———
..100
74 %
74'4
..100
68Va
"6874
1
&
Exploration
.Louisiana Power & Light $6 pfd...
Lynch Corp common
79*
.
Oct
■
,
*
1
Oct:
1574
14;|# -Oct ; I
•■
-42774''Oct
Jan
374
23%
Jun ,;;
Oct '
Feb
1774
Sep
8
Jan
10%
Oct.
Feb
,174.Jan
%1J
8,900: 550
51
,
:72 74
Jan
15
50
.4,000
774
Land
174
1,000
1774 .1774*
preferred cfass B
-
150
2
2.74
1,400
14
15 %
700
,Jan
79,
,,
%"
Jan
•
\
Oct, (
72% Oct j j
8
.May;]
,
674 Feb
109
32%
" " 31
Jan,
49
2,200
5,700'.
31
Feb
2% July
4%
Apr
7%. Jun
300
29%
6%
46
7%
•
26%
Apr
900
3%
Jan
20
41%
Jan
3,400
6% Jan
13%
13%
„
,114
674 Mai¬
Oct
3274
274
.
Oct
4%
104
Sep
Feb
16
Oct
Jan
-98
Oct
Consolidated Mfg Co..
Marconi Internat" Marine
31
Oct
30
Apr
Jan
774 July
48
July
9% July
convertible
Communication
Marion
•
Ltd.—
Co
27%
4%.
Massey Harris
—
McCord
common
—
104
Oct
Mar
19%
19%
30
30
9
9%
Jan
700
18
May
100
24
Feb
27%
5
Oct
Oct
1674 Aug
22 % July
32
Jun
15
,7%
9
1%
1%
774
8% May
50
13% Mar
15%
13
Mar
40
May
500
3%
116
29%
30
325
22
22%
300
Jun
Jan
11% Jun
Jan
Jan
9
Oct
July
119
Apr
'
25%
110
17%
Jan
3074
Oct
Aug
11374
Apr
Apr
22%
Oct
26
Jan
10
'
Jan
Sep
Warrants
6V*%
A
*
;"474
84
9%
Scott—
80%
9%
9%
74,
107
-100
—1
...
4%
374
*'•
2%
•
6
474
700
Michigan Sugar Co
t e
Corp
....
common
Jan-
Jan
■
Sep
2
74
110
Sep.
Aug
4%, Oct
4
May
Jan
44
Aug
Jan
116
Mar
374
600
2 %
Apr
45'# Julv
8%
974
500
474
Apr
9%
174
974
7,200
1474
,600
12
12 74
1%
,274
11%
U
25,600
874
14%
8%
11 %
Mar
1%
Oct
Oct
6
Jan
97<
Oct
5%
Jan
15%
Oct
1374 May
1,000
8
Jan
74
2.300
174
Jan
,3 74 May
12%
4,700
•974'
Jan
1274
2
<
Oct
10
3%
—1
5
Jan
Sep.
174
1
36
Micromatic Hone Corp
1
....—...
Middle States Petroleum class A v tc.l
v
99
84
110
1%
1.10
Preferred—
%
-
Oct'.
47a July
' Jan
13,600
July 1
165-
Jan
2,000
Jun
824 July
Jan
41
100
107
8%
13
-.
3'%-Jan
700
450
—.
West
Jan
% Mar
274
Textile Carpi
_25c
——
—15
Participating preferred
Metropolitan Edison $6 preferred1
Michigan Bumper) Corp...
.2.50
Michigan Steel Tube...
Class B
Feb
274
8
1,300
4 74
84
4
.2%
——
Metal
Middle
674
700
.
11
138
5
common...
preferred
Messabi Iron Co.—..
7 74
674
1074
174 Mar ;
U Jan
300
7%
7%'
674
...
Store:i'common__.
Merritt- Chapman; &
174
...
2,800
Oct
474
1,600
'574' Aug
Jun
%T5
900
.10%
Corp
Mercantile
3% Aug
—3
McWilliams Dredging
Mead Johnson & Co^.
Memphis Natural Gas
12
874
3374 Mar
•
v
May
50
200
8
Mass Utilities Association v t
1374 July
Oct
50
15
15
12
Mav
-£1
...
Steam Shovel.
Jan
19
5
•
Margay Oil Corp.—,
Jan
104
l-Ik.-Jan
574
81
.1
...
Jan
20
.
preferred—...
„
11%
150
2% *
optional warrants..
Mengel Stores
Oct
Jan
_10Q
5
12
13%
•
7%
Louisiana
55
1%
*
(Harvey) Inc
footnotes
Jan
5%
33
l
37
Mapes
12
Baking Co
670
1,500
1,700
2874
6%
r
.
July
2%
common
common
-7
A-.a—.
Long Island Lighting common.
27
200
14%
19%
,7
974 Mar
!
1874
...
Lone Star Gas Corp. common—
$5
1,200
27%
~9%
9674 Aug
137# Jun
5,700
3%
674
3%
■'374
.—1
•Locke Steel Chain——..
Jan
2,700
15
preferred.
Hubbell
B
.
11044 Oct
16
1374
*
Corp
Brothers"comihan
5
4
104
io
M—
Hardart
Co
20
*
(Gea A)
C)
—2.50
;
G
common
Inc...
55
Sep
xl9% Mar
.——8
common..
Co class
OCt,,:
Jan
53
,
-25
....
Inc.—.—
9%
.4%
Oct
35
10574
1
...
.Developmentx——4; —25
10
13%
—*
__i
Consolidated
Holophane
•
Aug
13
.-774 Jan
; ..100
preferred
preferred—....
Manati Sugar
Oct
6%
45%
8
100
Hewitt RubbeT common——
Heyden Chemical
500
2
preferred
Holtinger
27
•
_
common
Henry Holt to Co participating A
Hoe
1,200
6%
6%
___50
;
Class. A..
5%■%
10
3%
6%
5
...25o
Rubinstein
Co
1%
28
—
Mining Co
Heller
55
1
non-vot com._l
common
preferred
Hecm
26
.
—
Dept Stores
Helena
27
ctfs—.1
._
B
9%
25
voting trust
100
16
Feb
Jan
M
9%
4%
10
!'
Mar
8%
100%
6.74
Oct
6
—
—
f
174 July
8474 Feb
374
Lionel
674 Aug
jun
110
*
__B
4
July
574 Mar
11,V Sep
H
Lamp Co
Hamilton Bridge
,
167a July
16
-
,
!
Feb
Feb
,874
8%
v-'Lipton (Thos J) Inc 6% preferred. ...25
Oct
108
•
Hall
Feb
Sep
650
1474
J)
Line Material Co.—ii—
.;
136% Aug
,9
55
■
13214 132%
914
Oct
11074
.
5 1 74
-Loblaw
-u-
110
11074
374
Le Tourneau. (R G)
9374 Mar
•
"50
1
Leonard
Oct
83
36
Jim
61% July
15%
—•
Oct
8%
8
250
'
Jun
113
Oct
% May
600
35
15
Convertible
11%- Feb
90
13
35
52
(N
Lefcourt, Realty common..
July
370
30 %-
574
Oct
12
11%
35
1
Jun
Jan.
C
100
100
RR
Oct
15% Aug
110
5%
100
Jun
2%
•
1,500
50%
1674
13
-
Langendorf United Bakeries -class A->
Apr
Oct
v
Lane Wells Co
Jan
Alabastine
*100
—
Oct
26%
4
1,300
4
Feb
12 74
1,000
Shore Mines Ltd
Lane Bryant 7%
Sep
Jan
*
preferred.
♦
1774
Jan
300
}[;
1674
i
,,
——
11% Mar
9
124
4874
::io
Rubber Co.
Apr
3-7%
374
474
hi.:
,
•
common..
Feb
4%
36
Apr
Jan
110
20
4%
.
Lakey Foundry: & Machine—
Lamson Corp of Delaware—
Mar
7
pfd
Co
10
.
3%
3%
I
16
100
:
Sep
2074
38
—1
Jan
1,400
—
Oct
V
Oct
9%
—
Lime &
52
7%
common—25a
$5.50
Kreuger
Oct
Tea—
preferred
Gypsum
8
56
1st preferred—— .100
special preferred— ..10
1
Brewing Co
Lake
15
4,000
78
46
—100
Products
Utilities
lit
7
,
Jun
974
(S H)
Lackawanna
May
104
■
74 Aug
9% Mar
convertible
106% May
36%
25
(I B)
110
53
Jun
8%
stock—
Emil)
51% Aug
113% July
7%
Greenfield Tap & Die—
Gulf
12%
\
36%
Northern Paper.
Grocery
Jan
Mar
110
1
—
13%
1,100
.i.
4
.5%
&
9%
475
.13
—
1
Oct
—1
Mfg Co..
Great
90 %
—8
Grand Rapids Varnish—:
Gray
Jan
IO
2,400
48
•
:
Aug
1-74 May
%o
11
.100
10%
7
Oct
:
7a July
2074 July
,
Jan
174
;
11
Jan
1%
4 7,,
Inc—1_——
Kresge Dept stores—
2% Mar
41%
200
17
—10
common
Feb
75%
150
14%
16%
*
20%
Jan
,
% Mar
200
19
10%
1
Engine Co
Co....
Koppers Co 6%
"-474
51% Mar
1
—
Oct
Feb
•17a July
30% Aug
'
2%
8% Jan
13
Mines
Oct
Jun
111
•
Inc class A
51
Feb
1 %
Products
(D
Kress
325
50
.
Gorham
140
1%
•
——
July
Aug
9
1
Lake G M Co Ltd
Kleinert
July
51
50
16%
.
.1
Aug
20
1
2,900
i«
19
.•
—
Oct
3
Aug
25
1
...
974
174
18
48
*
:—
Knott Corp common.^
—4
Kobacker Stores Inc—
Oct
440
,
•
—
preferred—
Sep
8% May
21% July
July
90 %
88
20
*
——
Godchaux Sugars class A—.
.
84
700
<
12
Glen Aldeu .CoaL.
y
Jan
1674
.♦
Petroleum...
Klein
102
2%
.
•.
Gladding McBean & Co
$7
Kii by
Jan
%
2
__
•
Jun
1674
874
1%
Superpower
Kingston
July
6
,
Jan
100%, Jan
1
•
Oct
100
1974
2%
19
1
Mills...—
Royalty—
Jan
100
2
•
Oct
700
50
Home
74
1%
.
-
Aug
Aug 1 '
10,600
9 74
,
79%
78%
•
,
!
.
3% Aug
Jan
GOO
:—_*•
.300
Kimberly-Clark 6% pfd.
Kings Co Lighting, 7 % pfd B—... .100
.100
5% preferred D—
Oct
16
Jan
1%
Water Gas & Electric common...1
Gen
Jan
14%
78%
1%
90
1
com
139
Feb
8
50
19%
A
Jan
3%
1,500
10
Fireproofing common!—.
Gen
Das & Elee $6 preferred B
•
General Outdoor Adv 6 "to pfd
.100
General Public Service $6 preferred..*
General
Jun
27
1874
1
374 Aug
Apr
9074
—-
Rutland
£l
-
K
1% July
3
1
dep rets ord reg—4
Jan
8874
8974
•
Kansas Gas & Elec
Jun
Alloys Co
Amer
Feb
42 74
4674- Jan
1%
■
Aug
Feb
150
110
com—.15
Kennedy's
Jan
Electric Co Ltd—•
Gen
66%
70
52
..—.100
Jersey Central Pwr & Lt 5%% pfd. *100
6%
.100
preferred
7 %
.100
preferred
i.
Julian & Kokenge Co———
Oct
58
78
7%
Mfg Co common.
;
Oct
55%
1
Oct
Feb
100
preferred—
I
!
Jan
18%
•
common.
277a
114-%
50%
Kev Go common
Co
Power
Feb
Mar
5374
America——10
Razor
Utilities
Ken-Rad Tube
Gatineau
Jun
1374 July
Jeanuette Glass Co..———.
July
37
.100
G%
Apr
Apr
!
474 July
19
*
conv
1%
•'
11
18%
Jacobs
574 Sep
30
17%
18%
i,
July
10%
•
19
Italian
23% July
Jan
2,400
r
Oct
)
400
,!
187-,,
Jacobs
2
Jan
1174
11%
12
187 s
Irving Air Chute—
Jun
Jan
13
—1
Interstate
Oct
22%
19%
Jun
&
Iron Fireman Mfg voting trust ctfs
Motor of France—
Ford
974
,
July
6%
votrng
—■
11%
series———50
Investors
Motor
Class
530
1074
,
Oct i;
Oct
1574
1274
1074
^
,!
Aug
53%
Jan
1874
25% Mar
56%
32%
10%
22%
rets ord reg—
of Canada
dep
Am
Ford
3,600
4%
16%
10%
.25
Warehouse Co
Federal Compress &
Fire
11%
3%
1174 July
4% Oct
16%
-1
—
12
4374: Jan
974
International Safety
July
International
Jan
300
18%
Jan
474
6,000
—3
$3.50
Jan
3,900
International Petroleum coupon shs„*
Registered
shares.—.......
*
International Products ———10
Oct
7%
974
common—1,
.....
of North
Interstate
-1
& Inst Co
1174
5374
*
Britain
$3.50 preferred
Camera
2,800
5%
1074
„ioo
Interstate
Fairchild
3% July
■
Apr
18%
50
1.800
29% Julv
10
Metal Industries A——*
International Minerals and Chemicals—
v.Warrants
Oct
41
Jan
International
1% July
1% Ma r
31*%
700
7%;
Great
preferred.
■Preferred
Feb
12 % July
Jan
Jan
20%
18f
5
International Cigar Machine...
Intemat'ional Hydro Electric—
Oct
44
675
41
7%
8%
Aug
103
274
150
53%
*
preferred
1%
51% Aug
Sep
42% Mar
of
Jun
500
£i
Insurance Co
July
14
Jan
4
__£]
:
Common
Oct
38
100
100
1%
10%
50
Pipe Line common..
8%
200
200
1%
1% Mar
% May
200
lif
Tobacco
Industrial Finance
65% Mar
Apr
11%
——-1
—-——
11
11
46%
250
61
33%
Equipment......—5
Inc
Eureka
58
pfd_—100
stock
*
5%
Equity Corp common
———10o
$3 convertible preferred..—-———1
Eversharp
Oct
58
6%
8
Sep
xll% July
474 Jun
1474- ■L574
Indianapolis P & L 5%% preferred.100
Indiana Service 6%.
prefen-ed—....106
Oct
99%
10
50
preferred....—:
Derrick &
Esquire
96'
Jan
10
—
Power participating
Emsco
Jan
88%
—15
Co
common..
conv
83%
2.300
-1
—
Watch
Empire District Electric
Empire
1.500
99%
—
Corp
National
96
98
n.
warrants..
Option
Electrographic
Klein
2d pfd A-.-—1•
95
Jan
■
Ireland
,
Oct
11%
98
Power & Light
Imperial
9% July
Jan
14% May
7% Jan
73.900
Feb
10
—«*
Industries—"
Chemical
High
45 74
Sep
4
25
17
14%
Am dep rets regis......
Imperial Oil (Can) coupon
Registered
;
Imperial Tobacco of Canada...
Aug
Jan
95
Electric
Imperial
Aug
33%
38%
,
3% July
—50
—
Oct
23
'
39%
16%
9%
500
25
—•
t % conv preferred
Dividend arrear ctfs—
Illinois Zino Co
Oct
33
75
50
Illinois Power Co common—
OCt
52
50
814
10%
374
1st
Oct
32%
24 Vir
38
1,100
3,200
,
Hydro
Oct
1%
1.425
'
49"%
50
2%
6,600
2%
81
79
%
774
10%
preferred
—1
Electric Securities———'*
■dygrade Food Products..
—B
11
Low
4074
7%
Huyler's common—...——..———1
7%
3%
Range since January 1
39%
774,
—^
Co.,
—
preferred..:
$&
Ligonier,
714
1%
& Share
Bond
33% July
...—5
Corp.—
Shares
High
Low
Refining
Fibre
for Week
of Prices
40
3%
*
*
preferred series A____
preferred series B—
Eastern Sugar Associates—
$5 preferred v t c
—
Easy Washing Machine B
Economy Grocery Stores——
S6
Electric
Feb
81
3 >/2
States COtp—
$7
Hummel-Ross
26%
32
—-—25
Malleable Iron
Aug
&
Oil
50
32
*
Gas & Fuel Assoc common
East
Humble
Sales*
Range
Last
Par
Feb
80
200
Week's
Friday
Exchange
High
7%
Jan
Feb
77
Curb
Sale Price
67
7-7
••
*
Hosiery class B
Test Corp common
Duro
LOW
6%
10
i—
Duke Power Co
Durham
STOCKS
Range since January 1
—*
corp..
Draper
27
York
New
Shares
High
Low
Par
OCTOBER
for Week
of Prices
Sale Price
WEEKT ENDING
Safes
Range
Last
Exchange
Curb
Week's
Friday
STOCKS
York
New
FOR
Oct
.
Volume
EXCHANGE
NEW YORK CURB
———1
Mining Corp of Canada.——
;—•
.
.
8Via"
1%
Midwest, Oil
1
Mining & Mfg—
'•
—•
Minnesota Pwr & Eight, 7 %
pfd——100
^Minnesota
20
Jan
2574
375
23%
Apr
30
1,200
8%
1,600
8V8
Jan
150
.'.15%
Jan
7
1%
800
27a
Feb
3%
Oct
17a Mar
2 Va
Oct
Pierce
65 Va
Oct
450
65%
1031/8 105
114% 114%
Mar
52
70
10
977a. Jan
Jan
Plough
Dakota Utilities——"—10
Montana
.
' 280
165
May
157/a
Apr
287a
17%,
17%
17%
Oct
1%.
1,200
67a
6%
1,100
17%
300
5%
18
17%"
Mfg Co——*——'•
Muskegon Piston Ring—*—
27a
Muskogee Co common,————,—6%
preferred—*.
_
100
■
Feb
127
17
Apr
13%
Jan
Powdrell
Jun
,'23%
Oct
80
14%
Sep
Jan
Jan
10% Mar
Jan
80
64
20
III
;
Co.——
Lines common—:.
National City
Refining
300
11%
Oct
X11 Va
Sep
10%
400.
1%
.27
Co———
•
New
6%
£2
New
New
18%
Feb
;8:%
j;an
Jan
1,100
17s
Jun
6
1,300.
,
'73% Jan
26
40
110
ii';
800
Auction
Y
City Omnibus warrants—
& Honduras Rosario——
N
N
N
Y
$6
N
Merchandise..,
Y
Oct
7%'.
100
57/a
Jan
9:-
Feb
Y
preferred.—.*i
Shipbuilding Corp—
N Y State Electric
N
Y
•
Water Service
& Gas $5.10
6% pfd—
pfd
Niles-Bement-Pond
?.
s
Raytheon
Oct
Mar
217a
Oet
1,300
54
66%
Oct
300
Apr
Jan
274
21
3%
a
Oct
'572
:
Oct
125
77j
Jan
1074 Mar
100
2174
Jan
30%
Jan
15
Oct
50
7a
,
112%
Jan
117
Jun
120
102
class A——
Class. B cojnmon———:——
13
37%
Oct
May
7972
Oct
65
%
77a
Jan
:
Northern
Northern
,
Corp—
2,7,
2
14 7t
1574i
%
%
109-
327a
33%
400
■
15%
17a
Jun
Samson
Apr
Sanford
Jan
120
Jan
400
37
July
Mills———.—
1047a 104 7a
14%/. 14%:
14%.
r 27%
27
2.400:
300
Schiff
Co
.5 72
Apr
Scovill
Aug
Scranton
July
116
Mar
Scranton Spring
Sep
104
72
Sep
Omar Inc...———
%';';■
Jim
27%
SB
1572 July
Jan
3 % May
1,600
23 '
350
U4%
,20
1157a"
30
315
111% 111%:
10
108
28% f"29%
-15
2,400
18%
6
Steel
Co
common.^—
1
10%
10
10'
Jan
117:
Bros Inc.——.
Jan
v
Aug
29%
Sentry
Oct
1
Feb
9V4
—•
1
Safety Control
Oct
Shattuck
5
5 7c
Mining
Denn
cum
Sick's
Co
common
•
—
—25
SVaV^ 1st preferred.—
25
Pacific Lighting $5 preferred....—
Pacific Power & Light 7% pfd—.100
Public
Pacific
$1.30
1st pfd
—
—
—
Parker
Reel
&
1
Plymouth Mills
Peninsular Telepltone common
$1.40 preferred A
•
•
25
Pennroad Corp common'
.".1
Pennsylvania Edison Co $5 series pfd.*
series
Penn Gas
Penn
$6
&
Power
preferred
Elec
&
class
Penn
.Salt
Mfg
Traffic
For
A
Light, $7
•
com—
preferred
•
50
Co...
see
32%
Jan
35% July
10674 Mar
300
90
120
,.2.50
page
1889.
Jun
July
5
.
(
18%
45
29%
30
18%
45Va
30
557i
5%
.
—
40
150
8,100
27a
__
.107%
—
;
274 May
472 July
10'
108
13%
Oct
6%
Apr
9
Jan
Mar
9
109
Jan
147a Aug
Jan
37a July
Feb
2%
Sep
Feb
15%
Aug
10%
400
2%
1,100
6%
1,800
5
Apr
8
Aug
400
17%
Jan
19
Mar
14%
6,90§
13 7z
Oct
14%
10%
400
5-Va
9
18
Oct
Jan
,
10%
Oct
Jan
8,800
3 7a
Jan
5%
Oct
3,900
3%
8
4% May
11%
Oct
1%
1,700
4% Aug
Jan
5
;
■
preferred.—*
•
common.,———1
...■.
.100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis^
—_£1
Sioux City Gas & Elec 7% pfd.
100
Smith
(Howard) Paper Mills———•
Jan
34 74
Solar
Aircraft
16%
Jan
22
May
Solar
Manufacturing
32
Jan
50
Mar
Sonotone
Jan
Oct
28% Aug
4 % Jan
39
'
337a
274
,32
1%
1,100
24%
2 %
,2%
4,700
5%
Soss
Jan
South
Coast
Oct
South
Oct
Southwest
Sep
Southern
Jan
77
45
%
Jan
3
Oct
Jan
109
Sep
Penn
Corp
Oil
common
25
—
5%
94 Va
..1
1
1
6 %
74
140
50
90
Jan
105%
186
75
160
Jan
186
2% Mar.
3 72
Oct
Oct
Jun
Pa
Pipe
California
Line
Southern
7 %
Colorado
preferred
Power
class
A
374 May
Jan
33%
Jun
68
125
50%
Jan
75
33%
400
27 74
Jan
35% Aug
114
88 7a
10
10
9072
10
4
.
64
Feb
.200
9%
900
4%'
114
Sep
127a Mar
4%
Apr
Jun
27a July
Jan
1
Oct
48%
Jan
:40
Sep
93% July
Jan
27a
3,400
2%
4,800
8%
'9%
1,400
6%
19%
19%
150
1674
Feb
1%
6,400
%
Apr
174 Mar
1,650
6 Va
Feb
10% Aug
2
2
8%
~1
1
8%
8%
9%
Jan
1
117a July
July
22
7472
76
600
67
Jan
817a Aug
75
75
400
69
Jan
80% Aug
3 7»
Jan
6%
U
Jan
3%
n
il
%
Apr
200
2%
400
Feb
17a July
6
Aug
107a July
37/a
Apr
Feb
104
Apr
115%
103 7a 104
400
917a
114
20
11074
114
12
Feb
21
-Aug
Apr
13% Jan
12
A.Ug
Feb
177a
Oct
21
Aug
Va
15 72
15
625
.3%
278
3%
16
Jan
32
Juja
Jan
4
July
Apr
278
Oct
274
100
100
278
272
Jun
26
1572
1374
229
:
700
2%
4%
5 7M
4%
47a
5%
2%
3
Feb
5 Va
Oct
Oct
Jan
112
Oct
25
12%
Mar
17
Oct
3,400
2%
Jan
108
17
17
47a July
900
3%
Jan
6% Mar
7,500
2Va
Feb
37»
Apr
Jan
974
Oct
Jan
3 % Mar
40
Apr
457a July
28
Mar
31
37
3
Mar
44
83;s
700
37a
4172
8%
474
3 Va
400
2%
41%
42
1,200
__io
..23
25
25
Oct
34
Edison—
original preferred
preferred B
5 7a % preferred series C
Oct
25
Jan
1%
Oct
374
Feb
14
200
67a July
47%
Jan,
65
65
1
Co
Manufacturing common
Sep
Mar
1
Co.
Corp
Jan
900
1,900
3
2%
Oet
10% July
Sep
5%
23%
"272
7%
'
4.7%
5
45%
"2%
3,000
6% July
4 Va May
17,600
9%
■■•
19%
1174 May
2,826-1
57,'a.
8%
3% July
2% Mar
100
3
18%
July
•
1% July
%' Jan
1057a
Oct
18 7i
convertible
$3
Feb
107% 108
105
105
186
186
2%
*
common—...
6
88
43
100
2,500
_•
Singer Manufacturing Co
20% May
64%
—
17a Mar
4 Va
6V3 Sep
18%
Jan
11
Simnions-Boardman Publications—
34%
200
Jan
U May
57a
Simplicity Pattern
Feb
24
,
Co
Silex
Oct
w_.
18%
Jan
3%
400
—*
Ltd
108 Va
Jan
4,900
Breweries
10972 May
—
7%
IMA
TZ
%
25
100
common.^—•
Jan
6%
7%
21% July
350
8
•
pfd series AAA——
Jan
967a
19
*
Co_
footnotes
38
*
preferred
Penn
15y8
Jan
80
Patchogue
S2.80
Jan
—__1
Corp
,10
Rig
13
35
—
—
77a
Co.
Pen
Parkersburg
100
1,100
—
—
Pautepoc Oil of Venezuela Am shs
Motors
—
♦
•
Page-Hersey Tubes common
Paramount
33%
107%
•
Service—
preferred—
1st
13% 1374
36% 37
33 7a 33:%
107% 108%
108
108
—
37
500
2,600
•
——5
Sherwin-Williams of Canada
Can
2% Jan
267a July
13% Oct
29,300
5%
———1
1
Shawinig'm Water & Power—
Sherwin-Williams
Pacific Gas & Elec 6%
Apr
5T«
3
25
Seton Leather common——*
Sep
1074
——•
—
Serriek Corp class B—
,.744' Mar
*
Pacific
1%
18%
1674
16 Ti,
Allotment certificates*
July
Jan
stock
$5.5Q prior
113/ -Jun
:■
6%
200
45%
13 72
3%
1
*——*
Selby Shoe, Co
Selected Industries Inc common
Convertible stock———*—
Aug
8
1.1
—
116'
Jan
18%
•
Jan
8
Securities Corp General.———*
24% July
Feb
.
Oct
12%
14
Brook Water Service-
preferred—.—...————•
Scullln
Oct
4%''Oct
•
Jan
112
1157-1
.100
•
4%,r/4%
22%
22.78
11572
.100
—
Overseas Securities
4
114 "
:
.100
V^%' preferred——
Ohio Public Service 77* 1st pfd.
6 % 1st preferred—
Oklahoma Natural Gas common.
Oliver United Filters B——,
Ohio Power 4
Oct
4,100
pfd—————*—*
$6
Elec
Segal Lock & Hardware
Seiberling Rubber common.
Ogden Corp common.
Ohio Brass C6> class B common.
Oct
55
Mar
4%
—5
•
1
common.L.
12
Seeman
•
23 7a
2Ta
s
preferred——
25
Manufacturing——
——25
Jan
7%
July
.24%
1672 Aug
Convertible
Jan:
23
42 %
Jan
10%
——
common———
<D A)
Schufte
7
-
2
6%
14
5
—1
Z—*——
113
•
July
18
2%
United Corp common——1
Oil Co
Savoy
1% Aug
'
25.
Jan
July
1% Aug
1% Jan
,
15%
12
•
50
pref.
conv
4%
100
700
1%
18
4,200
44 7a
13
nil
Corp Ltd
St
547. Mar
Jan
Lawrence
Class A $2
,
'37 7a July
Jan
103 7a
Jan
Oct
Regis Paper common.—
Salt Dome Oil Co.———
28
50
May
1172 July
Apr
300
23 Va
1,08
672
•
Oct
27% May
3.000
157
4%
1
Feb
400
10%
17*
9,900
»
Aeronautical Co.—
2%
52% Mar
10 ;.i
1%
400
.—10
Ryan Consolidated PetToleum—
Ryerson & Haynes common
Sep
Jan
'%
Apr
Jan
3%
—1
Electric Steel Co."——
1272
-72
-
103
85% July
Jan
149
40
14% July
4%
5,800
717a
120
1077t Aug
Jan
1%
500
1,300
.
33%
33
:
Oct
13% July
Jan
%
5
Jan
50
Indiana Pub Serv 5% pfd.
States Power class A.
Novadel-Agene
Oct
May
7a
17 7a
..100
———.
Jan
10%
80%
150
13%
5%
18
.—5
Corp common
Jan
105
10
14
A Mar
Apr
5%
300
7,600
14
13
.50
Co———
17
Jan
23 7a
convertible, preferred—. —20
$1.20
Ryan
Oct
9174
/
6% pfd D—
Petroleum Co
Rotary
Jan
Apr
Feb
300
6%
75
May
2 74
.
North
North Penn RR
Jan
11
1%
Royal ite Oil Co Ltd———-2%
Russeks Fifth Ave—
;
Jan
74%
450
74
2.425
111
Oct
60
180
79 %
6%
prior preferred
*
——
•
American Utility Securities—
5
Northern Central Texas Oil——
—1
Northeast Airlines..
6 %
Jan
11%
*—
Roosevelt Field Inc
1774 Mar
Jan
108%
50
55,500
77
*
93 74
100
300
4174
Pendleton Inc—
Cable
Rome
Root
106% July
Jan
Co—
Rochester Gas & Elec
Roeser &
Sep
;
500
66
—
North American Rayon
105%
250
14%
2
Aviation—.—
1
Rice Stix Dry Goods.—
*
Richfield Oil Corp. warrants———,—
Richmond Radiator.,
———1
Rio Grande Valley Gas Co v t c—1
Feb
37%
Mar
Red Bank Oil
Aug
Jan
7a, 3%
87%; 9174
15%
14 7a July
15%
42
18
110
106
preferred
$6
•
Manufacturing commqn..50c
1,000
3
—5
105%
48
Republic
74
Mines
...
Noma Electric
!——-— —1
..1
North, Amer Light & Power common
Nipissing
Jun
40
Oct
1
—.
118
Jan
21%
21%
•
Raymond Concrete Pile common
$3 convertible preferred
—
St
B—
Oct
Sep
Jan
1
—*10
Oct
104%;
64%
_—————
Nineteen Hundred Corp
8%
xlll
10%
—,—10
—
13%
8
109
1374
Oct
13
Apr
4.300
Investment A.—,—1
Co. common
IIOV2
29
16
.100
■
Api7% Mar
12%
Jan
16%
...1
:
6%
174
1%
Apr
104 7a
90
1.000
107a
Feb
104%
77
13% Sep
7a Mar
13%
150
2%
7a
8
3%
Jan
80
80%
6
Jan
11%
...10
Jan
a7a
8 7a
65 Va
29
.100
487a
6 78
43
14%
14%
18
114% 114%
Hudson Power common¬
.100
s'*)
1st preferred———,
.100
5 "a 2d .preferred..;—;
Class B optional warrants
lis
Niagara Share class B common
;;
;
Class A preferred--——-—— .100
; Niagara
Jun
Jan
1.700
10
104
25,
13V
64
;
.
——
1July
2,000
15%
300
12%
;
Jan
12%
105
200
'20%
2074
114%
—
shares—.—
Founders
64 %
common
Rath Packing
Apr
3%
29
10
—*
8
—1
Reed Roller Bit Co——
...—*
Reliance Electric & Engineering—
5
47 Va
725
64
..10
—
.
7%
Jan
35 "
.100
Jan
12
1147a
21 Ve
62 7a
2%
111
—
preferred..
Light 7%
Y Power &
July
26%
Va
13%
13%
—
& Timber
Railway & Utility
Oct
ulOVa
8%
July
34
550
.—100
....100
Manufacturing
Voting
July
.
12
May
...•
Co. common—
Y
88
Apr
!.4% Jan
New Process Co common———
N
7
108
Radlo-Keith-Orpheum option warrantsRailway & Light Securities
'
109 % 1107:
; New Jersey Zinc—...—....
—i
New Mexico & Arizona Land—
7a Jun
11% Oct
Jan
Sep
R
Jan
6 '/z
20 -V
N
May
t-
114
3,400
657a
4
Jan
5Ta
3,200
If*
11%
preferred
—
Quebec Power Co..
29% Mar
Jan
200
3
lis
Mar
12%
A-
i'M
6 4(3
■
10%'
12%
May
15
5
25
6
32
%y
11%
17
900
11%
Oct
8%
2074.
17a
Quaker Oats common.
7% July,
77a
—•
Jun
Oct
2
8.500
307a
2% Aug
10 Va
■62 %
5%
Jan
Fob
9% July
14%
-10%
England Power Associates—
preferred———_—*——. .100
•
preferred—
i—
100
England Tel & Tel—
—-..
Haven. Clock Co—
-
10%
(Herman)
New Idea Xnc common:
15% July
25% July
85%
Nehi Corp
Nelson
Apr
11%
113% 113%
113 7a >
pfeferred— —100
1st pfd———i—
5
Corp
Neptune Meter class A
...—
Nestle Le Mur Co class A..
Nebraska Power 7%
July:
100
200
7b
2774 '27%
5%
TV'
Oct
12
2
14
5%'
15
Apr
9%
,
300
9 Tit
9%
National Tunnel & Mines.common ....1
—300
National Union Radio———.
Oil
Jan
14
23,74
23
14
12.50
3%
11 Va
772 July
Jan
12
Refining—
5Vs% preferred- —10
Oct
Jun
12% July
1074
10%
3
*
Pyle-National Co common—
Pyrene
657a
13% July
1217a
14% May
6,300
10
National Sugar
Navarro
% Mar
•
3%
11
3
117a
12%
—
Puget Sound Pulp
Jan
44
4'%
National Rubber Machinery—l*
Car Ltd—*.—
National Transit-—-.
35
Jan
12%
National Steel
National Tea
Jan
11%
_Jj~i
Common
Oct
12
National Mfg & Stores common..
National
33 7a
11%
11%
•
_
100
Jun
Sep
13
—*—1
•
1
—1
prior preferred—
$5
'2% July
Jan
Feb
35
Isoc
National Fuel Gas—»,————.
Common
Oct
20
Jan
17a
28
35
National Candy
'
33%:
250
..25
——_*'—
preferred
6,400
32
33%
National Breweries common.!.—.
To
14%
100
2 7a
2%
2%
47a
Oct
Jan
Oct
9%
43
13%
Puget Sound Power
19%. 19%
——.
——
Jan
10%
119%
473
6
preferred—
preferred
& Light-
1st
7% 1st
55%
95
50
1,600
of Colorado—
Public Service
6%
Jan
Apr
Oct
4%
Sep
7
Gas
Providence
N
National Bellas Hess common.,.—
11
116
116
*
Prosperity Co class B.———
Mar
2%
1.530
657a
11
25c
of Canada
Co
Premier Gold Mining
Prentice-Hall Inc common.
Pressed Metals of America
Producers Corp of Nevada
Oct
1174
100
13%
79%
64%
65
Alexander—-—*—5
&
Pratt & Lambert
13674 July
.19
6 %
13%
1.000
377a
Power Corp
6% July
•
2.80J
—10
common
Co.—
Polaris Mining
Sep
2
Jan
4.500
8%
.*—7.50
common.
Jun
38 Va
1 Va Jan
•
Murray Ohio
Nachman Corp
Inc
3%
4
874
Oct
180,
vi9
Feb
200
1%
674
-
.
180
"176%
180
V'Moody Investors partic pfd——•
Mountain City Copper common,——5c
Mountain Producers——
—10
Mountain States Power common—_•
Mountain States Tel & Tel:
—100
«.
July
Pneumatic Scale
Montgomery Ward A——
•
Montreal Light Heat & Power..—.—-
,
3
3%
'
9%
A————*.1
3% Aug
——1
2% Aug
.
18% July
12 Va
47a Aug
Sep
July
12
Jan
1% Jan
800
2% Feb
1% Feb
28 7«
■.«
Monroe Loan Society
Oct
12%
Oct ;
Jan
July
8
39%
700
6,400
Jan
8%
13%
'
337a
Jan
16%
8%
Aug
Oct
1174
1172 Aug
Apr
37%
—1
36
57a
1674
8% Mar
50
'14%
9%
125
Mar
68
1587a Sep
800
7 %
36%
1,500
3,300
'
13%
29
V4
8% May
28% Oct
1
9%
12
12
107,
1.700
r*-
7
■:
13%
Jan
1,500
11%
•7
3% 7 3%
') Mississippi River Power 6% pfd—.,100
; Missouri Public Service common——•
Mojud, Hosiery Co Inc———'——2.50,
Moiybaenum Corp——**
—1
Monogram; Pictures common——1..
7
11%
Mines Ltd.
Gold
Pioneer
Jan
common
Governor
Piper Aircraft Corp com—'
July
11572 Sep
105'
200
29
1174
Pitney-Bowes Postage Meter——,—•
Pitts Bess & L E RR
-50
Pittsburgh & Lake Erie.—*——.—50
Pittsburgh Metallurgical
10
Pittsburgh Plate Glass
...—
25
Pleasant Valley Wine Co
—1
109 %
Sep
Jan
22%
Securities common
Phoenix
310
"
54
1074
107v
-1
Philadelphia Co common.*
,
—"
Phita Electric Power 5% pfd——.23
Phillips Packing Co
1*.
-*
July
22%
■
125
31
150
144
144
1.450
55%
i—*
Oct
9
„
High
Low
Hiah
54
54
Pharts Tire & Rubber—..
2
63%
64%'
105
Sep
July
Range since January 1
Shares
of Prices
Low
—100
Peppered "Mfg Co——
Perfect Circle Co
374'
:•
for Week
Par
Co—.——-—•
Water & Power
Penn
2% Aug
1% May
2%
22%
2%
•
Refineries.^.
/ Mid-West
350
•
11
■
Oct
17%
8VV Oct
2,700
25
8 %'
22%'
Sales
Range
High
28
-V.
2%
Abrasive
,———50
Co__—L.l_—_10
Midwest'Piping & Supply."—:———-
iMidVWest
■;
Low
17%
24i%
■27'
27%
Midvale Co commam...—
.,
2
Week's
Last
Sale Price
Range since January 1
v
.,
..
shares————•
———•
$2 non-cum dividend
0
161
preferred—-
Steel,Products—
15 To
Friday
Curb Exchange
York
New
Pig*
Low
Par
Midland
for Week
Shares
of Prices
Sale Price
Midland. Oil Corp 4&2,.conv
Sales
Range
Exchange
Curb
York
New
OCTOBER 21
ENDING
STOCKS
Week's
Friday
STOCKS
WEEK
FOR
RANGE
1887
LACHRONICLE
ICNANIF&'
THE COMMERCIAL
Number 4329
160
31
31%
31%
31
30%
31
297a
300
300
25
1T«
1%
75 72
7'5%
50
2974
174
500
.100
Sep
Apr
327a Aug
Jan
31 Va
Jan
2
Feb
July
Jan
77
July
■
67
July
THE COMMERCIAL & FINANCIAL CHRONICLE
1888
NtW YORK CURB
TOR
RANGE
Jfnospnalc
boutnern
49
.4%
Standard Sliver Lead
Tube class ti
Starreit (The) Corp voting
Steel Co of Canada——
Stein (At & Co common—
Westmoreland Coal
_20
1% July
Wichita
5%
314 May
1,400
3,000
4% JUl?
Williams
(R
1%
Apr
Williams
Oil-O-Matic
Oct
Willson
Jan
28
Oct
Winnipeg Elec
1814
700
100
3% Aug
Jan
2
500:
20
Aug
1714
Feb
19
/ July
50
10814
Jan
114
Mar
%
6,000
14
Jan
&
Apr
;.
"Af
•
"V"
100
%
95
450
12%
800
11%
ii
%
.
.
W
•
Jan,.
16
714
Jan
-nr
214
500
1%
Apr
6,200
{;]
Feb
3%
13%
9%
11%
14%
1%
12%
Jan
12
&
Co
Light 7%
Power &
Jan
6
Jun
1314
267'a
1%
Textron Inc
Allied Stocks
Tobacco
&
Tobacco
Product
Curb
Amer
2%s
Amer
May
26%
Oct
Xl7%
Oct
Aug
15%
Apr
11
Apr
May
s
f
s
3%s
t
Corp
Tri-Continental
Tru'nz
6%
debs——
&
Lt
Gas
Elec
&
deb
4%s_
114%
Jan
119
May
6
Mai-
7
11
12%
1.100
7%
12%
Sep
23%
27
950
19 %
Feb
27
4%s
-
A Debenture
5s
10%
600
6%
Jan
400
1
Jan
9 % July
Bell
11% July
7%
:
814
414
67
*
Am
60
Jun
3%
Feb
Feb
Jan
1.500
230
Jan
4%
Jun
106
1
Jun.
C
.100
2%
-10
Jan
3% July
5%
600
v
:
10%: 11%
7%
5.300
V
1%
Jan
95
Jun
17
Sep
18%
114
1%
1%
115% 116%
10.700
3/64
Tlr
.%
200
.7,300
65%
3.900
4
1.500
115%
t
;
,v
3/64
%
%
%
-
v.
.
•
..
,
3.700
%
62%
.
-25o
Sharing
—
-10
preferred
.
Machinery common. —25
268
-23
U
268
1
•
preferred with warrants...
.
.
39%
Jun
Feb
93
Apr
263
10
Reclaiming
44%
43%
44%
120
42
Jun
9%.
9%
200
45% Aug
10 % Sep
714"
8%
.7%
10
10
,
1
13
;
91%
3%
3%
89
90%
6,200
(
100
625
,500,
%
"_%
1,600
4-%
9,900
1
common—,—
Radio
preferred-,
1
Products—.
3%
56%
—1
•
8%
Jan
Feb
9
11
2%
A
Oct
July
1% Jun
91%' Jun
% Apr.
78%
Jan
Jan
4% July
2% Aug
% Sep
Jan
Apr
convertible
$4
Jan
5V+
Sep
14% May
13% July
4% July
Feb
22% Aug
3,800
18%
Jan
26
50
20%
Jan
3%
57%
31,600
2%
Jan
28% July
3% Oct
28
,
350
51%. Jan
7%
6%
7%
4,400
1%
1%
1,100
1%
82%
8314
200
74%
4
Jan
Feb
Jan
61
Mar
Feb
8% July
2% July
83%
Jun
Venezuelan
3
Petroleum
1
Manufacturing
Vogt
3
3 %
50
51%
210
8%
900
8 %
Feb
11%
300
8
Feb
15% July
1
...
preferred.—
51'4
8%
8%
Ilia
•
12
1,000
1%
27
Feb
Jan
3% July
54
Oct
Apr
Aircraft
Co
;
■7%
.Wrutt
Wavne
Knitting
Went worth
For
M ils
footnotes
see
page
27
29
26%
27
21
23
29%
23
29%
27%
27%
26%
27%
54
22%
22%
29
21
85%
100
$26%
F-A
—1964
27
99% 100
lOO
M-S
MS
29
3
May
5%
deb
—
5s.,
36%
72
50%
53
51
51
54%
$100
10534 107
1
,
50%
M-S
Jan
J——1950"
5s—
El
Gas
series
54%
37
54%
98
167
101
100%
Lt
A-O
(Bait)—
;
—1971
Pr
&
1st
5s
Cuban Tobacco
——
104
125
104%
F-A
124
99% '
$98 %
103% 104%'
44
M-S
124% 124%
1
123
M-N
104% 104%
1
103
101 %
104 <
1954
102% 102% '
102%
A-o;
Coal
Guantanamo
&
6sJ———___1953
6s-—-----1958
West
Houston Lt & Pwr 3%s—.——I960
100
M-S
104
101
F-A'
104
98%
19
107%
J-D
$67%
72
106%
:$ 1051V105%
J-D
A-O
A-0
$104%
B_-_„_,—.1957
M-S
111
102/.: 105 j',
'
;
Illinois
Co—
Power
ref
St
1st
>
5%s series
5s—
Service
Indiana
1st lien & ref 5s
Indianapolis
P
3%s
L
&
———1950
1963
—1970
'
13
100% 101%:
105
6
104% 105
a 6
%3
A 7?
A
J-J
100%
F-A
M-N
.
V-
.
100% 101
A 7s
—;—1957
1941
—1952
F
Power
1952
Altalian
—-1957
—1952
5s
6s
Debenture
Superpower
-190b
6s—
Jersey Cent Pow & Lt 3%s
Power 3%s__
Kansas Electric
Kansas Gas & Electric 6s_.
Kansas Power &
J-D
F-A
$39
Light 3%s
—1965
,-1966
2022
—19t>9
109
42
25
21%
-
39%
25
•'
44
42.
,
23
J-J
$42
34%
j-j
95%
J-J
•68
J-J
35
45
35%
97
70%
35
j-d
109a» 107%
$105! 3 108%
M-S
$121
j-j
41%
8
22%
130
88%
97
60
.77%
-22
4
31
$112% 113%
1067ft
M-S
34%
25
.—1957
coupon)
(July 1941 coupon)
Interstate
106%
36%',
$35
102%
93
•
$108% 108%
coup)——1955
E
(Aug
series
7s
1941
1
(Dec
series
A7s
1953
C
series
A6%s
106%
93% 102%
103%
'
{International Power Sec—
37%
287a
40
106%
109
;
,
106% .107%
120
122
122%
.
110%, 112'%
107
'109%
105
107% 107%
108%
—1970
J-J
Superior Dist Pow 3yas„
1966
McCord Corp 6s stamped—,
^__1948
Metropolitan Benson 43 E
197j
4s series G_
1965
Midd:e States Petrol 6%s__
1945
A-0
$106% 108
FA
102% 103
2
M-N
105
105
2
1037a
6
105%
110%
6
99%
103%
Kentucky Utilities 4s
Lake
105%
M-N
at
4'/o
1963
to
Gas Light
Minnesota
P & L 4%s
'62
A-o
1967
4%s_
MS
ref
&
5s
Sep
New
New
Power
series
—
5s
Jun
Conv
2 5a
2"'»
100
Feb
3%
Oct
New
24%
24 %
100
Jan
25%
Oct
New
5%
500
Gas
5s
1
deb
5s_.
England Power 3%s
England Power Assn 5s
Debenture 5%s
108%
1027a,106
J-D
102% 103%
22
j-d
105% 105%
13
1047V 108
-1943
1981
Ltg 5s—
Amsterdam
69'%
1067a
1978
4%s_—
Eng Gas & El Assn 5s
110
.-1955
—
——
A
99% 104 %
62
62%
$108% 109%
__
F-A
$100% 101%
100%
10174
j-d
14
107.
102%
'
•
1st
105% 105%
99% 100
j-j
Valley RR—
Extended
Milwaukee
11% July
5% July
•
■
„105
102-
$104V'z 105
1949
108
102% 102 %
G4%
75
'
J-J
108%
103%
.
103'
104%
103
107 7 V 108
$98
1047k
103 %
101
7.
104
'.$104% 108%
*
j-d
,
101%
loo'A 100.A
:
Jan 1949
Hygrade Food 6s ser A—:i
v'.'.6s. series B———————Jan
102%
63
j-j
—1950
Great Nor Power 5s stpd—^——1950
Green:Mountain Pow 3%————1963
Grand, Trunk West 4s
Grocery Store Prod
106%
97%
87
$103% 104%
j-d
.—1965
4s
124%
'
Rayon Co 6s ser A
Alden
Glen
5s
93% 102%
101% 104%
$103% 108
j-j
j-d
Serv
100
lOO"
1948
Georgia Power 81 Light 5s—.—.—1978
A General
105%
100% 101'A
—J953
Pub
General
99
90%
72
104% 105
'
J-D
A——-—..-1969
3%s
Power
108
119
F-A
Gatineau
111
105%
$123
-1956
Service 5%s
109
V
102%
Light 5sr—...—2030
Elmixa Water Lt & RR 5s
1956
Water
107
A-0
Electric Power &
Federal
17
$103% 103%
M-S
Eastern Gas & B'uel 4s ser A
97% 104%
98%, 1047%
109%
107
106
98%
J-J
1958
T—;—1944
Conuncntai Gas & El 5s
8
$108
J-D
ref mtge
3s ser P
mtge
86
103% 104
103!
105
99»^ 104%
1
103% 104%
J-D
—1969
2%s ser Q
—1976
Consolidated Gas (Bait City)—
Gen mtge 4%s
,.1954
ref
103% 103%
79
62
103
107
103% 104%
104
A-O
—1909
65%
64
64
F-A
1958
...
N
1st
98% Aug
Jan
107
103%
997V 103%
11
.
j-j
_1948
5s
20%
1%
107
j-d
-—1964
;
5s
Jan
3%
102% 103
M-N
108
M-s
Service
Conv
94% May
15
,—1953
5s_
150
101%
12
120%
105%
3
'
102% .'102% 102%
j-d
—-1970
119
150
119
180
$109% 112
a-0
.1962
Power
119
$155
flf-N
Q-F
113% 115 %
10
113% 114
113%
j-d
_19R0
—1998
B__.
Debenture
14%
5
l;
—
1966
Cities
100
Feb
109
106
$106% 109 %
104%
19%
$889.
27
'
26 %
101% 104
19%
1.23
95
$105
*
—
79%
23
..
$103%-104%'
UTIs
„_I
Manufacturing
57
17
.
A-0
6s
IOC
Class B
94%
93
93.
j-d
7%
.
.
109%
128
M-S
400
clsa«5 A
102
107%
124
127
1955
•
Bond
17
■
26%
-—1955
Rj-s 5s ctfs
5%s A
series
10%
preferred
&
99
1927
1952
6s
10
10
1017i(
108% 109%
109%
10471,
5 A Chicago
Nebraska
•
.
Wagner Baking voting trust ctfs ext— ■
106%
101%
79
1
$124
108%
106
U07% 108%
101%
105
27%
Gas 3%s_
&
Nassau & Suffolk
W
Waco
High
Low
102%
$109% 110%,
103% 104%
104%
j-j
—————————————.,1954
Midland
Valspar Corp common
January 1
Sold
No.
High
a-0
Cincinnati St Ry
'
Jan
Feb
-1%. Jan
1,300
82%
—:— .10c
stock..
20%
19%
28
~3%
561.
B
—
U^ah
$5.50 priority
19 7 V
"
Products Co
Utility Equities common
5%
20
4%
414
-10
Power & Light $7-
4% Mar.,
7
—
Utah
..
12
Universal Cooler class A—_——
Pictures
.
1%
'
4%
Universal
.
2,400.
%
Universal
Range Since
Bonds
Friday's
Oct
77% July
4%
"Utah-Idaho Sugar
9
Jan
-10
Insurance
1% Aug
Feb
6% Mar
69
lioo
B——
Oct,
150
United Wallpaper,: Inc————. —2
Class
6% July
268
Jun
1.125
•*-*7
Universal Consolidated Oil
Universal
Feb
.
9
•
United Stores common—
,
Apr
73
nil
Radiator common
Rubber
Oct
33%
%
811,
S
S
Jan
71
—1
Foil Co class B————
S
-1°x
65%
Jun
71
—8
Graphite common——
•
U S and International SecuritiesU
Jan
I
Jun,
Proiit
Shoe
1st
Feb
50%
.
.4
United Specialties common.
$5
Jan
.% Mar,,
Sep
90
/■,. Preferred
U
Mar
121%
May
:v
Feb
July
3
Oct,
a'a
...
02
18
Feb
xll4
600
..
2% Mar
^ May
1%
.
.
-100
or
Jf-S
B———1957
6s
Jun
700
63%
participating preferred——
United Molasses Co Ltd—
Amer dep rets ord regis
United NJ RR & Canal
S
".25% Aug
Jan
$3
1G 'w
Oct
Feb
17%
—
preferred——
United Milk Products
United
11%
1%
17%
'
1st
United
Jun
Sep
80%
17%
*
preferred non-voting
Jun
13,700
91
16
Option warrants—
United Light & Power common A_
Common class B
——
Feb
.7%
68%
10
1%
91
nil
•
'7%
Feb
".'.'14%
"1%
—
United Gas Corp common-.
U
5%
66
Aug
May
4%
700
6%,
—.
United Elastic Corp-"—
$6
2%
4%.
cigar-Whelan stores—. Hoc
<•
preferred
—
—20
Prior preferred———
United corp warrants
$7
Oct
614
/■
$5
1st
Jan
2%
United
;
2%
•
Chemicals common
United
4% July
j-j
13% July
Jan
700
6
11
11% July
Jan
Central States Pr & Lt 5VaS Stpd—1953
9% July
2.800
5%
1
Jan
2%
f-a
2%s
El
111
A5 V2S
;
1
Products—
Aircraft
Uulted
14% May
of Canada—
Northern
3%s
%
Jun
Jan
.——1950
——
Edison
Consol
6
6
Jan
7
——-1968
§ACentral States Electric 5s—
l:/4 Mar
10% July
<
Jah
4
500
Jan
24%
U Mar
900
lit
8
Boston
Feb
1% Aug
4% July
Jan
3
13.300
10%
IlOO
Apr
50
Bickfoid's Inc 6%s_.
Central
July
115
Jan
May
18 Va
800
4
24%
7%
r.
111
Apr
J102% 103
J-J
1949
——
series
5s
Bethlehem Steel
1 % July
80
Apr
\l
3%
21%
23
M
series
Canada
109%
July
113
Telephone
1st
5s
Oct
13
Feb
58
20
70
107% 10714
1
Co—
Jan
Week's Range
Last
J-J
5%S———1977
deb
AConv
Oct
10
10
%.
Manufacturing
of Canada—.
Oct
6V0
!
Oct
u
Gas
12%
Jun
3%
-
Sale Price Bid & Asked
MS
——1948
deb
Debenture
Union
6,100
J- J
—1953
Atlantic City Eiec 3%s
50
600
21%
,
1
Union Stk Yds of Omaha-
3%
,V
J-J
-2024
Assoc T & T deb 5%s A
9% Mar
Unexcelled
200
1,500
Oct
7
Feb
Co—
Sep
.100
Corp..—:
'14% July
Jan
10
5%
A-O
July
warrants
Ddyllte Corp
Ulen
Realization
'
J-J
Appalachian Pow deb 6s_„
Associated Elec 4%s
24 7/s
Inc
80c
3
50
j-d
26%
1%
Works——_—.
convertible preferred:
I.
200
10%
;; 3
—2016
Jan
4.200
68
Tuna-Sol Lamp
Sep
7%
~3 %
1960
6s
Feb
6%
11
-10
%
10
—_1970
deb
23%
9%
:_
6
5%
10%
Writing Paper 6s—
—1961
Appalachian Elec Pow 3%*—
1970
Sep
Ltd—
Oil Co—_——-
Transwestern
Oct
13%
110
1950
deos—
Pow
300
4%
preferred—
Tonopah Mining of Nevada——
Trans Lux
Jan
5
57%
7 (!t
11%
Feb
,
12%
Triday
—
1.300
2014
.100
20% Aug
8
'
'
Amer
Jan
debs—
f
s
3%s
Aug
17
..—-
Shipyards Corp
—
Toledo Edison 6% preferred
Jan
Jan
87% Jan
12
Interest
Exchange
5%
"6%
Todd
Jan
-
Sep
,28% May
American Gas St Electric Co.—
1114
dep rets ord regis——.
dep recs def reg———
Amer
800
July
'
8%
il
«
26%
Exports
Tobacco Security Trust Co
13%
Low
3% Aug
14% July
117% 117%
—1
23
50
12%
,
Period
Oct
3
Jan
12%
5
Realty & Construction-
Tishman
12%
-10
receipts—i
5%
1
50
11%
16
BONDS
York
SAssociated
—1
—
26
pfd- -100
1
deposit
New
16% July
9%
2014
common—
26
.
Oct
25
5%
Apr
Feb
13
2
Inc-—1
Roofing
138
Ltd-. '
(F Wi
25%
——.—
Shovtl Co
TUew
Tilo
Jan
18% Mar
5Vi
Petroleum
American
Feb
12%
IlOO
84
50
11%
26
1
Wright Hargreaves Ltd
%
V
1,300
•
pfd—
10
24%
.
*
& Light 7%
Portland Cement.
Wro!verine
Woodley
814
200
1,800
2,050
•
•
& Land Co___
120
24%
B
common
AConv deb 5s_——
Texon Oil
11%
_•
—
AConv
Texas
Apr
120
Heating—
Inc—
AConv
Corp common——
7 %
July
Ray Drug
Taggirt
4,500
15% Aug
9
•
25
Jan
1,300
1414
1%
52
300
■
"2% ~2%
1%
12%
Tampa Electric Co commonTechnicolor Inc common
11%
'
Wool worth
Sep
Jan
Jan
3%
1
Oct
10%
11%
Oct
51
600
8%
1114
2514
C)
Products
Oct
16
12
(S) & Co common—
10%
58% Aug
Jan
4314
814
"
Jan
2% July
3%
5314 Mar
—*
•
1
Oct
5 %
July
2%
trust ctfs__1
112%
3,300
13% July
la May
8,8001
High
Apr
10%
Oct
99
2%
21a
—10
Wisconsin Tower
% Aug
^ July
,
Jan
54
Low
9%
.
——iu
Oil Corp
18%
Jan
Range since January 1
High
108
-9%
]
Jah
6
Shares
Low
1st pfd—100
Mfg
A Feb
2%
"
200
900
93
River
for Week
Oct
19%/
18%
"
•
Co————•——1
Superior PoTt Cement class B com
•
flwan Finch Oil Corp.:—„„—
—IS
r.
Oct
187/a
•19%
18%
Sullivan Machinery——
Sun
50%
Feb
2d
Stroock
Jan
Maryland Ry 7%
Sales
Range
of Prices
—•
Western
%
1st.
5%
Western Tablet & Stationery com
112 V4 11214
1914
J
Oct
July
5,700
314
—
13
%
27
314
preferred
;
-BO
preferred—;
——20
Sterling Aluminum, Products—
1
Sterling Brewers Inc—
—
1
Sterling
Inc.—
i
——-1
Stetson (J B) Co common•
"imrie"
<Hugo< Corp——_
B
fi'Y
,1.
12%
Weyenberg, Shoe
16%
1
Sterchi Bros Stores—.
"Western Air Lines Inc
1% July
2514
1
—-—
Aug
Oct
18 %
1714'
1
Standard
9%
'A
—
Products Co
Jan
West Texas Utility-$6 preferred—
West Va Coal & Cok.e_———6
Apr
40
210
1
1
2.78
-1
preferred—
10
Standard Dredging Corp common
_1
$1.60 convertible preferred
——20
Standard Oil (Ky)————
--10
Standard Oil (Ohio)—5% pfd
—100
Standard Pot?er & Light—.
——1
Common class B__.
.
—-—"
Preferred
Oct
9% Mar
•
—-
Convertible
Standard
Jun
9%
514
1,700
—
—
Brewing Co—
Standard Cap & Seal common—
Standard
Last
Par
300
•
Tif
,
-
Spencer Shoe Corp—
Btahl-Meyer Inc.—
'
8%
Oct
131
Week's1
Friday '
Exchange
Sale Price
V<r
5'/«
&■
ord regis.
Curb
Westmoreland Inc——
Spanish & General Corp—
Amer dep rets crd bearer—
Amer dep rets
York
High
July
>5%
900
11
1214,
47
—*
;
—
300
1114
11%
—1
& Bros—
Spalding- (AG)
1st preferred
}■■
91/4
10%
«■
Southland Royalty Co———;
9
600
9',4
10
Line———
Pipe
Southern
ti7V
——xu
oo—
Low
121
Telephone—100
Southern Ne$v England
r
New
Range since January 1
High
Low
27
STOCKS
Shares
of Prices
Sale Price
p*r
OCTOBER
for Week
Range
East
Exchange
Curb
EXCHANGE
ENDING
Sales
Week'a
jfriaaj
STOCKS
York
New
WEEK
Monday, October 30,: 1944
107% 108
2022
M-S
$117-
J-J
M-S
1948
j-d
83%
83%
1950
M-lf
84%
84
1861
1948
M-N
1954
84%
102
103 %
120
113
53.
72%
84%
15
72
85%
48
72%
85%
88 7/8
88
7/a
88%
110
957'a
102%
102% 103%
%
107
$ 1077/ft 108%*
A-0
111
110%
$110% 111
1948
1947
-
116
118
.
21
10274
101%
103%
Volume
EXCHANGE
NEW YORK CURB
RANGE
-
Last
Interest
Exchange
Curb
Af-N
Gas 3%S
—>1964
Westchester Us 4s—::—.—2004
N Y State Elec &
Y
&
Power
1st
mtge
Ohio
Service
Public
A-0
Light 5s
&
Power
105% 106'A.
Power
108
6
107%
A 5s
105%
103%
107% 107%
2
105%
High
102%
96%
2
110
111%
108
108%
5
102
109%
105
105%
30
102%
106%
F-A
113% 113%
4
113%
115%
M-N
114
114%
7
111% 116%
A-0
_2022
105%
2
106
1
106%
108%
108% 108%
17
108
117
106% 106%
2
106
_203O
104%
.I960
«T-D
41%
A-O
107%
—
.
I'
42 31
3-D
West Penn Electrie
108%
5
106% 107
M-S
.—1954
debs
income
Ry & Elec 4s
——1951
Wash Water Power 3%s..
—1964
107%
109%
108% 108%
108% 108%
108%
110% 110%
,
A-O
1959
5%s_1952
Wash
'56%
40
M-N
m-a
Low
28
102 A
—
January 1
NO.
Co—
(Delaware)
Utah Power & Light Co—
Debenture 6s series A
-110
J -D
f-a •';
J-D
High
,
Waldorf-Astoria Hotel—
8
J-J
—1949
4s
United Light & Railways (Maine) —6s series A
—-—i—1952
.105% 109%
102
104%
15
4
M-N
&
J
Sold
102 A'
3-D
& eons 5%s
1st lien
95%
105%
14
;
,
56%
56%
Light
City
United Lt & Rys
103% 104%
J-J
N
United
103%.
$102
f-A
F-A
—.-1955
Park Lexington 1st mtge 3s>—>1964
Penn Central Lt & Pwr 4%s——1977
1st 5s
—*
*1—
r1979
Pennsylvania Water & Power 3lAs_1964
;
3'As
-————1970
Philadelphia Elec Power 5%s
.1972
Philadelphia Rapid Transit 6s—-1962
Pacific
106% 106%
F-A
-
Electric
102% 104%
A-Q
-1902
.1948
4s__—
Oklahoma Power & Water 5s
United
82
1952
Rapid Transit 5%s
Twin
107%
102%
,16
$101% 103%
108
108%
M-N
5s—_———i_>—.1945
1st mtge 3'As——1968
3s
>—*——
1971
Ogden Gas 1st
Ohio
91
90
J'J
redeemed!—1948
5%s series A (8Yo
'•%'~£
102% 102%
J -J
North Continental Utility Corp—
Low
Range Since
Bonds
Sale Price Bid & Asked
Period
111
%08%
$108%. 109%
Week's Range
or Friday's
Last
Interest
Exchange
Curb
High
Low
No.
High
Low
'
.
N
Bid & Asked
Sale Price
Period
Sold
York
New
Range Since
January. 1
Bonds
Friday's
or
Friday
BONDS
Week's Range
Friday
BONDS
York
New
OCTOBER 21
ENDING
WEEK
FOR
188!
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4329
160
3-D
.
West
6s
■
Traction
Penn
Western
5s___
5s.
24%
45%
'' 109
209
43
$106
105
107
108% 110%
$107% 109%
105%
120
109%
114%
107% 108
$118
118
Newspaocr Union—,
f
s
conv
lAYora
5s stpd
85
98
1959
F'-A
1937
—1947
3-D
$99% 100
CJ6%
100%
3-D
$99% 100%
96%
100%
debentures——
Rys Co
.
AStamped 53—
...
97%
97%
,
'
Portland Gas & Coke Co—-
i
-
.-1956
E——
A-0
,F——1———
—1959
Power Corp (Can) 4%s B
Public Service Co of Colorado—
1st mt.ge3%s—-—U—— -1984
-1949
Sinking fund deb 4s
—
4'/as
series
certificates
Queens Borough Gas & ElectricQ%
series
A
Water 4%s—,——
Harbor
Safe
r>.
Foreign Governments & Municipalities
6
106%
109
105'% 105%
3
103%
106
13
137%
152
—1952
A-0
104%
-1979
140% 141
140%
7-D
BONDS
:
$82%
__
104%.
98%
105
128
73%
,
86%
Period
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1946
A 20-year 7s
—Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s—
,
—1948
93 '/a
91%
2
15
103%
105%
7
103%
105%
91%
:.; :■
Low
104% 105%
*■'
A-0
Wyoming Coal
6s—;—
5S———
Edison 3s_>
California Gas 3%s__
Counties Gas (Calif)—
Carolina
South
Southern
Southern
1st
Power
California
Southern
J-3
...1965
M-S
-1970
A-0
82%
$106% 107%
106%
82%
—'
F-A
103'% 104%
103%
M-a
ALima
86%
108%
10
101%
23
83%
AMedellin
104%
96%
98%
93%
(stamped)——-—-—May -1948
6s stamped
—May'1948
6a
A-0
97%
97%
98
72
86%
A-0
98%
97%
98%
48
82
——-1951
Dec 1 1966
F-A
98%
97%
98%
60
86%
99%
3-D
98
97%
98
45
86%
98%
.1957
F-A
97%-
97%
98
50
86%
98%
F-A
98
97%
98
27
86%
A-0
53%.
52%
54
3-3
32
32
32
6s—
„
gold debentures.
Power & Light 6s—,
A Starred Corp inc 5s—-——
6s
1957
1950
Standard
(Hugo)
Stinnes
7-4s
Service 5s——
Powei & Light 5s—
Texas
6s
Tide
-1946
A
series
—
Power
Water
3-J
105% 105%
10
U-N
106
106%
5
1979
5s——.
3%S————1968
Edison
Toledo
1960
-1956
-2022
82
$21
37
$18%
20
$38
$32
19%
22
1958
M-0
$38%
43
J-3
$38
39%
(State)
7s
—
_1959
1919
8%s
Janeiro
6%s
Government
A5%s
37
36
$16
$78
de
32
33%
$41
AParana
22
46
18
36
$41
A Russian
21
17
34%
A-0
J-D
J-D
40
-1921
>
16
17%
58
79%
33
41%
34
43%
J-D
6%
157
3%
8%
J-J
.
5%
5%
6%
93
3%
8%
20
41%
r
Cash
117%
sale,
a
fl Ex-interest,
Deferred delivery sale,
'
'
Ex-dividend.
x
n
Under-the-ruie sale,
;
transacted during current week.
A Bonds being traded flat.
§Reported In receivership.
119
Odd-lot sale,
e
•
.
IFriday's bid and asked prices; no sales being
104% 106%
105
107%
$118% 119
3-3
83
60
45
20%
30
62
80
>
1927)—.
.♦No par value,
28
30
A-0
82
$78
J-D
(issue of Oct.- 1927)—
ARio
61%
-30%
$70
M-R
—
(Hugo)
Elective
Texas
19
20
1946
.
deposit
Industries—
2nd stamped
ACertificates
16%
54
.29%
33
Corp—
stamped
of
A7-4S 3d
Stinnes
r
28%
1947
98%
6s—
Debenture
62
54
—1947
A Mortgage Bank of Chile 6s
1931
Mortgage Bank of Denmark 5s—_1972
99%
Debenture
51%
61%
M-N
•
——1951
stamped
7s
I
Htgh
3-J
M-S
1958
—
A7s (issue of May
A7s
99%
Conv
.'
Low
1
Mortgage Bank of Bogota—
:
94
M-N
7s
AMaranho
January
No.
28%
M-N
r-A
6%s. stamped
1952
(Peru) 6%s stamped_1958
City
High
61%
J-D
1953
—
Sold
$60%.
A-O
J-3
1955
—
5s_i
Extended
Danzig Port & Waterways—
72%
'
——1989
Spalding (A G) deb 5s_
Standard Gas & Electric—
5%s
Danish
103% 105%
$103% 105'%
—
F-A
Elec 3%s—
& L 8s——— -2022
P
109
AExternal
—1970
Southwestern Gas &
106%
107
1
106%
104
48
107% 107%
J-J
-1971
—:
Indiana Rye 4s__—— -1951
Southwestern
105% 106%
105%
105
105
108
$105% 106%
3-J
...1957
mtge'3s
Southern
104%
,'$105
.>1947
Range Since
Bonds
14
>,..
Sheridan
Last
Sale Price Bid & Asked
83
1
"%v:.
104% 105 y4
A-0
A-0
Week's Range
or Friday's
Friday
Interest
New York Curb Exchange
'■ ■ ■ J ■ 'l ' " $ 'l%:.,
j
113
126%
.107%
127% 127%
■;
M-a
3s—— -1051
16
104% 104%
•$107
J-B
Water & Pwr 4%s— -1967
-1970
series D
—
4 %s
1st
101
107% 108
M-N
Joaquin Lt & Pwr 69 5—— —1952
-1951
ASchulte Real Estate 6s—
Scullin Steel inc mtge
111%
92%
101
3-D
San
8hawinigan
112
107%
J-D
perpetual
5%s
101
101
M-S
104
105
$107% 108
New Jersey—
of
Service
Public
100%
20
105% 105%
U-N
.-1961
5s
Edison
3
103% 104
j-J
extended——— .11950
stamped
5s
Potomac
-
-
'
'
above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
"M," mortgage; "n-v," non-voting stock; "vt c," voting trust certificate*;
"ww," with warrants; "xw," without warrants.
Abbreviations used
F-A
103% 103%
7
101%
105%
tive; "conv," convertible;
J-3
108% 109
8
107
111
"wi," wben issued;
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
OCTOBER
21
Friday
,
Baltimore Stock Exchange
Low
Finance
67%'
15%
15%
-
7
16
40
64%
14
136
25
43
12%
1
9
9
15
•
35
5
;■
12%
29%
Jun
7
43
Jail
26%
100
24
55c
55c
55%
55%
10
55
Sep
40%
41
80
36
May
41.
July
35%
37%
331
35
Jun
41
Jan
55c
.
35%
1,055
-45c
SS
47%
■
Oct
General
General
66%
Jun
Line Conn—
Certificates
of indebt 5 'r
Baltimore Transit Co 4s_—
5s
—
1975
66%
—1975
A
series
$200
Jan
•
-—.
Bakeries' $7
Royale Copper
Isle
Boston Stock
Friday
List
STOCKS—
Sale Price
,
51
Jan
64% July
59%
Jan
70%
Oct
Par
TpI
Tel
&
——
>100
^tiMcnndp
—
Albany RR
Edison
47'%
163%
v
1%
Maine
..
class
8%
class, B
&
For
.
1st pfd
Pere
Marquette
Mining
Co
49%
Oct
Reece
155%
Jan
164%
Oct
Rutland RR 7%
7%
Apr
9%
573
24%
Feb
28
60
11%
Jan
18%
114%
114% 115%
141
96%
Jan
35%
35%
36%
2,852
32%
Jan
36% Aug
Union
Twist
69%
70%
1,133
65%
Sep
74%
United
Drug
9%
Jan
13%
Oct
125
28%
Jun
32%
Jan
13%
14%
230
8%
36
38%
39%
1,728
12%
127
12%
12.
98
98
100
providence RR_1
see
page
1895.
40
506
3%
7%
3%
1,047
7
7%
164
7%
100
.100
footnotes
38
38
8
Va
8%
31%
8'%
180
9
146
31%
43%
19
30
26
116
Oct
Jan
1%
Mar
42% July
Jan
Jan
5
4 Via
367
•
Jan
31.18
Feb
33 % May
7%
30
98
Jan
1%
1%
1%
34 %
35%
475
6'%
500
37
36
,
6%
15% Aug
44%
Oct
36
Oct
39% July
13% Jun
98
Oct
Jan
2%
Jan
29%
Jun
35%
Oct
2%
75
37
Jan
1
195
34%
78
Feb
6%
Oct
25
220
Jan
Oct
Jan
3%
37
6
Feb
4%
4»/a
l'/a
1
10%
11
705
15%
4 %
16%
350
11%
Feb
12c
300
5c
May :
15c
110% 111'4
390
103%
Apr
111%
30c
Jan
46c
Mar
Jun
•
11
12c
111
35c
9c
35c
Va
38c
200
;
1,002
60c ' Jan
7
Jan
1 % Mar
11
Sep
17% July
Jan
Oct
3934
40%
189
25%
Jan
40%
29%
30%
992
25%
Jan
31% July
,14%
39%
30
14%
1%
5
14%
Oct
14%
Oct
86c
Feb
2%
Jun
1%
25
12
10
1
1
14
295
Shawmut
Ston»
Assn
Feb
9% July
'
13%
——
——
Co
U S
42%
Feb
12
7%
10%
11
645
35%
35%
353
32
27%
27%
Jan
Apr
May
Mar
July
15
11%
36
July
Oct
Mar
5
5
219
23%
Apr
28% July
14%
14%
14%
35
12%
Feb
17% July
*
—
;
United Fruit Co
6%
12%
•
Inc
Jan
% Mar
*
Webster
A-
9%
100
87%
87 %
89 Va
362
75%
Jan
90%
69 %
Jan
Oct
72
72%
78
July
_25
43%
44
106
42
Jun
45
July
10
Machinery
Shoe
preferred
225
47%
50%
170
40%
Feb
53%
•
>——■.*
50
11%
12
55
10%
Jan
12% July
68
20%
Jan
364
91%
Feb
common
—
Rubber
25
Mar
8%
Jan
Jan
Feb
8%
Jan
5
28%
Jan
35%
439
Oct
24% July
Jan
4
,
12
Inc—
Julv
Torrington
20
21% Mar
1,175
100
Drill
70%
100
1st pfd stai
——*
50
pfd
18%
23%
Jan
13%
Mar
29
27%
23 %
19
Mach_—^——*
Hole
Button
Feb
2,621
15
65
13
Oct
Oct
30'/2
Co————100
————25
Ry
Quincy
18%
8
275
108
High
26%
.100
stai
2.50
—
26%
1st pfd stai
class D
49
1
'
R.F
—50
*
.100
prior preferred
prefererd
stamped.
10%
Lov
High
162% 163%
Mills
United
6 %
Boston
Range since January 1
Jan
36
England Tel & Tel—.—.—100
pr»nn"<vlvnnH
RR—
5%
A
Shares
92
Oct
Mar
30%
1,
t c
Cos;
7%
*
X>
of Prices
Service
.100
Inc
Boston' Elevated Ry
Bo-ton
for Week
60
106
42%
Central RR common————100
Maine
Mass Util Associates
Pacific
" Sales
Range
106
6 V8
38%
—•
100
Copner
&
48
Jan
13%
*
1
—*
Copper
7%
Woolen
Boston
81
Jan
4%
13
Corp (Del) common——.—-5
preferred', >—L—
50
_25
American
Boston
Jan
32%
18%
pfd—*
———15
North Butte Mining—
Exchange
Week's
Low
>100
Refining
American Sugar
Son
56%
100
4%
30%
conv
—
New
&
150
500
106
*
Razor Co——
Gillette Safety
National
Bird
81
48
4%
Narragansett Racing Assn Inc————1
Nnsb-Keivinator
—;>.
—5
American
79
44%
>•
——
Hathaway
102% July
35,900
70%
100
43,500
102% 102%
58 %
62
-
Oct
;
6%
—
8%
81
Lamson
•
Atlantic Coast
17% Mar
45
-j...:——1
Capital Corp
-—i
Electric
Kennecon
Bonds—
—*
National Stores
First
Mar
32
•26%; Jan
55c
July
Feb
7 % • Feb
'
common—>—*
Inc
Lines
Engineers Public Service-
47%
.
.
.
Employers Group Assoc
30%
Apr
•
Jan
prior preferred
Oct
26'%
r
5'4
preferred
Oct
9
47%
-
758
Eastern
Mar
29%
•
8%
Oct
"
Jan
Oct
13%
Oct
10% July
May
7%
Associates—
Fuel
Gas &
4% %
15%'Oct
Jan.
6
13
13»/4
47
July
43
181
—1*
Co—
153
Feb
High'
Low
V
10
Range
Eastern
Oct
-
69
Apr
100
-
12%
_i_-_25
—:.—3G
New Amsterdam Casualty
2
North American Oil
~25c
Penna Water & Power com——*
Seaboard Commercial 5%
pfd——50
U 8 Fidelity & Guar
50
•
—
.
Bank—.
Marine
■
Range since January 1
10
100
100
Eastern Mass Street Ry com
100
6% 1st pfd. series A———100
5% pfd adjustment
100
Apr
6%
6%
-->^.^5
Service
Copper
2.30 Oct
47
47
com____—:-..5
preferred
7%
/
—
Shares
Jan
18
1.00 May
152% 153
Mfg common
__10
Moriongahela West Penn Pub Serv—
National
Cities
High
:
Apr
552
-
.
Humphreys
■
14%
346
67%
-
Power
&
Amer A
of
Co
1,395
6%
L
E
Gas
•
2.15
.14% .15
—.100
Low
•
15%
>^>.
for Week
High
Low
PaT
'
v
Hecla-
&
Calumet
Range since January 1
High
1.95
com——°
Davison
Chemical Co————-1
•Fidelity & Deposit Co__
—20
Fidelity & Guar Fire Corp
—10
Consol
Shares
15%
15%
Corporation —
Bait;Transit Co common vtc—
Preferred v t c
for Week
of Prices
Par
Arundel
/J -V.; .:
v
Range
Last
Sale Price
STOCKS
'
Sales
Week's
Range
of Prices
Sale Price
Sales
Week's
Friday
,
Last
STOCKS—
.
,
Waldorf
System Inc
Warren
(S
D)
Westingbouse
Co
Electric & Mfg
33
103% 106%
33
107%
Jun
Oct
Jun
THE COMMERCIAL & FINANCIAL CHRONICLE
1890
Monday,' Octoberj 30, 1944
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING
OCTOBER 27
Chicago Stock Exchange
1.
Aetna Ball Bearing common-;
American Tel 3c Tel Co capital— .100
___5■.
Armour At Co common—■——
53%
Feb
6434
1334
Feb,
15
7%
1,400
4%
Aug
Aug
18
250
.
163% 163%
163%
12% Jan
,
100
15634
3,050
6%
5%
"5%
Jan v.-
1%.
1%
50
7%
7%
650
4% Jan
334
' 334
Aug
6% July
2234 Sep
19'A
:
300
2
Automatic Washer - common—
...3
Aviation
—3,.,
Corp (Delaware),—
4%.
Oct
26 3/4
Bastian-Blessing Co common——
15
Mfg Co common—
—_10
Belmont Radio Corp————;——..*
-.5
Bendix- Aviation Corp common—..
Berghoff Brewing Corp...—1—
...1
Sinks Mfg* Co capital—
Bliss & Laughlin Ine common—_ —5
,—5'
Borg-Warner Corp common-.
*
Brach & Sons (E J) capital.—...
Common
26
43%
10%
10%
-11
7%
134
Feb
Jan
6%
5% Aug
100
20
4%
Serrick
Oct
600
8%.
Jan
350
33%
Jan
Jan
46%
Sep
11%
Oct
500
Va
Jan
5
,38%
300
34%
Jan
2234
38
St Louis Nat.
20% Jun
41% July
100
18%
Jan
24
200
2234
'
—L
57'a
53/a
800
334
Jan
31
9
Jan
12% July
Swift
28
Jan
31%
Oct
Swift International
50
20
Jan
22
Jun
Texas
88%
Apr
Castle & Co
Central
(A M) common.—
Illinois Pub toerv 4>b pfd
III
Secur
10
2134
102
—*
preferred.
Preferred
•
«*.*«*••
..uu—... .u.
ui
-m -,
50c
u
V_-n:.
■
Light pfd-:
Chicago Oorp common.—
Convertible preferred ...
—
%
950
12534
110
\l-
*
7
.
Oct
Oct
7%
53
3434
39
300
Sep
27
Chicago Towel Co com cap
Chrysler Corp common:
Walgreen
Oct
593
13
,
Wieboldt
Stores
Aug
Williams
29 34
6%
6
i6%
34
28%
/
98
Jun
4% Oct
Anaconda
Bethlehem
3434 Oct
1834 Jan
270
■'
16% OCt
Jan
5
r
Copper Mining
:
Oct
Werner
Hein
Hibb
Motor
25%
50
Interlake Iron
340
93% Jan
104 34
Oct
3%
3%
50
13%
50
,
2
/
40'
100
1834
100
300
,'
534
Paramount Pictures Inc—c—...——1
Jun
Sep
Oct*
.
1034
334
14
Jan
Jan
300
8
7
Feb
13
Jan
1934
Jan
9
200
834
Apr
Jan
12%
11%
50
1834 Aug
Feb
22
Oct
134 Jan
6
-Aug
19
50
4%
-
Jan
Jan
13% Jan
•
1,000
200
Indianapolis Power & Light com——"'
18%
18%
500
7
85
85
common-—*'
79
79
50
13
13
50
17%
17%
600
Drug
Co
——1
common.
:6%
Ken-Rad Tube & Lamp commonA—
Clark
Kimberly
Rights
25-
Industries
^i-20
C .N O" & T
.
4%
^7%
.7
Printing Co common
1
Lindsay Light & Chemical com—.*—'*
Co
Material
common
53%,
5
Field
common—..
Masonite
Corp
Middle
West
Midland
Corp
capital-
—
7*
Miller
Util
prior
&
6%
prior
lien
Hart
4% Jan
7
Jan
2634
Oct
42
Oct
1%
Oct
Jan
434
Oct '
50
7%
6%
5.
100
15
17%
18%
413/s
.
11%
7%
Sep
8Va July
8
■
.
5% July
15
Oct
22% Jan :
4934
Oct
13% Jan
18%
Oct
38 Yt Mar
-loo:
.5 34 Mar
51% May
7% Oct
9%
2,750
Feb
i—
—
,—*
26%
IlOO
—
9
.100
lien—:
9
26 3/4
27
1,200
8%
9
650
8%
9
12%
Oct
2%
18% May
5% Mar
800
23/4
700
-
l
27
Oct
167/e
Sep
5 % Mar
.17
—10
$1 prior preferred
1
Minneapolis Brewing Co commonChemical Co pfd—
—. ,_—*•
•
Sep
350
10%
100
7%
Jan
47
40
40%
Jan
48
3
50
234 Apr
41% Apr
103/4
50%
50%
28%
'
52
29
Montgomery Ward & Co Common..
Muskegon Mot Spec class A
29
934 Jan
1,00070
27%
Jan
20
200
14%
Jan
133/4
500
11%
Feb
14%
National
2
21
21
200
12
Apr
10
37
37
200
39%
3934
18%
19
Pressure
Cooker
common
National Standard capital stock
Noblitt-SparkS Ind Inc cap
«
T,/"'
2%
.2%
107
107%
2%
;
.'.8%
9
.79%
79%
99
72
,
6
107% July
108% May;
Jan
Jan
Mar.
\f
.
Jan
80
■
:
July
34-Oct
13
26 ; > Oct
1734 Apr
95
Apr:'
3% Mar
60
5% Jan
8
May;
180
10% Apr
30 -, May
3
Aug
14
July,;
35
Jan
34
Jan
43
Feb-
15
Jan
19
Sep;
39
Mar
,45
July,
32%,
3
3%
43
18
18
50
,
100
,
27-
42
40
>
■!
30% Oct
Feb "V>
834 Jan
81
43
Hobart class A—
-
7%
'
43
234
100% Jan
226
12%
.32
Feb
4
83
7934
Oct
% Mar
.
22% Apr
.
86
;
8
':7%
12%
% Feb
50
9
High
14%
34% rjun
;
Feb £
.
10
13%;
•24% '25%
.
'
60
1334
.
8
33
*•"%
107
.107
■
100
,
434 Mar
"
Kahn
•
New
.
50
4—100
preferred
r
•——-———
*
Lunkenheimer
prociei
8/<»
A
—-
S
"'
60
147
3734
•'
4
■
-
,28
28
100
56%
232
232
*
Randall .class B————Rapid
—
U S Playing Card—...—
U
4
57
Gamble-—-—-
'preferred
.
139
12%
50
36%
3734
Kroger'' —.,
Leonard'
.12%
12%
■
3%
4
10
28
170
57%
468
21
334
,
12.:.
52
52%
37y#
.
4
,
Apr
V 334
Jan
222
40% Jan
14
625
July
Oct
4
Mar
22 34.
8% Jan
14%
Oct
59
232
v
Jan
10
21%
47 Va
Oct
.Oct
29
Apr
21%
13%
1334 July
5034 Oct
Jan
227
10
232
10% Sep
50
Sep
31% Jan
2% Apr
46%
13%
10
Pointing——————.
;
.
Api'
47%
Oct
14
Oct
UnlistedAmerican
General
Standard
Motors
12
35
15
4%
4%
516
60%
28%
64%
461
2934
14
14%
■
.
15
20%
148
20%
—25
"4%
60%
Rolling Mill———
City Ice & Fuel——
Columbia Gat- .—,—.——
Brands
Jan
17% July
Jan.
3%
24% July
5V4
Jun
51% Jan
28% Feb
66
Mar
July.
33% July,
Cleveland Stock Exchange
Util
Corp common
prior lien pfd
preferred
.^t^otes
—
see page
5
71
.»r»u
I'linois
1895,
—*
.100
..100
18%
14%
118
34
14%
118
34%
;
l #«(
21
Oct
38
July
50
33% Jan
47
400
17 Va Mar
Sep
2034 Mar
1034
15
Oct
125
July
50
10
80
|
Apr
95
Jnn
22
Jan
34%
Oct
Brewing Corp of America———>..3.
*
Cltv Ice & Fuel.^
Clark Controller —1—
•—1
.
Range
Of Prices
Low
Pat
Oct
3234 Jan
Week's
Friday
Sale Price
STOCKS—
20% Oct
13%
t%
10
25
'..43%
pfd
Hilton-Davis
25%
139
4%
v——————.**.■•
Jun
19%
West
Low
8% Apr
10
14%
2834
4.———————-10,
3V» July
5334 Oct
30
Feb
Nachtnann Springfllled common—*
—1
National Cylinder Gas common
Nor
—
Range since January 1
High
3% Jun
11% Aug
10% Oct
3
,
103/4
10%
10%
#
—
——
1% Jan
47
......
Monroe
Ndrtftern
July
►5334 July
Sales
"434
.Yards..———?
Part
Jun
50
12%
58 34
i<r20Ve July
Shares
/ 2834
Hatfield;
Oct
8,850
'7%
11%
May
10% May
280
■
—5
43'a
50
48%
734
Feb
Apr
434 Jun
50
53/4.
.
•
3%
1/750
.7
:
Oct
Oct-
%
3634
July
21% July
Sep
Apr
14
834 Mar
6% Aug
100
12
32% July
Inc—
Common
Common
1834 Jun
Co-—
United
Convertible preferred A—.
Midland
Jan
1%
.
48
I—1
Mickeiberry's Food Prod com.;
15%
4,450
41%
—
.—*■
Jan
10%
183
common..—
Formica Insulation
700
48
McCord Rad & Mfg'class A...
Marshal)
Eagle-Picher
Sep
Oct
13%
600
51
Jun
51 Va July
18
Mar
for Week
2834
24%
434
1,000
29
.■
Exchange
'32%
'%
...j—1•,
8034
.
26,800
15
700
%
33
Corp
Dow .'Drug
Apr
68
4%.
5 '
.5
—
Croslev
Aug
37%.
1%
7%
5%
500
18%
1434
Telephone"——.1'—-.-50
88
25%
7
Lincoln
Line
Oct
834 July
5% May
Feb'
72%
33/4
.
common—...—4——*
Co
&
Cincinnati Union Stock
%
—5
McNeill & Libby common—.
ubb>
7
7
20
May
Cincinnati
Oct
36%
*
common—2.
10%
.
Sep
8% Apr
16'
Apr
28% Mar
'
———4—-.^0."
Oct
243/4
——————
LaSalle Ext Univ common.....
Leath
6%
6%
—*
Switchboard common
Kellogg
2434
Jan
16
/
100
9
Mar-
4
19 34
600
——*
•
15
Low
—--i——*
American Laundry Machine20
American products .—l..——
Participating preferred
Champion Paper 3s Fibre-..*..—
Cincinnati Bad ..Crank-—4—..———5
Cincinnati Gas & Electric pre!erred. 100
Oct
8
37
50
110
17% July
21% July
37% Jan
600
of Prices
Par
Sep
50
9%
16%
——*
(W B) Co capital—.1
195
1634
Range
■■
.
Jun
22
....
46
Week's
Sale Price
stocks-
1134 Aug
934
4834
Jan
2334 Feb
40% Feb
Friday
17
Sep
21% July
1,500
4
1834
20% May
Apr
15%
450
,
Cincinnati Stock
July
123A
16%
11 Va
1,050
18%
»
July
13% Aug
Jan
10%
6%
1,700
1834
26%
15%
45%
J-———23 *
——.1"
Co common—-——.10
834 Mar
48
Indiana Steel Products common—-;—. 1
16 Va
39% July;
1034 July
Jan
.16% Jan
45%
<•
66
1234
9
150
18
Republic Steel Corp common——*'
Brands common—
43% July
10%
10
19%
Apr
7
200
' Sep
Feb
900
22
35
1,050
July
6
:
Jun
8
50
—-.5
4% Jun.
500
■
,
8%
15%
Puliman
Radio Corp of America common
6
39
July
Oct
30
4034
/ 150
.
66% July
63# Jan
12%'Jan
Apr
; 10% Jan
23
Aug
51%
1634
*
Jan
200
150
8
934
56%
300
2034
25
300
18%
1634
.
62%
55%
19%
12%
71% July
25%:
Incorrwrated .—..2.—.? *
Pure Oil Co tThe) common—...,
.*
200
12%
8
28
,
10V4
Oct
1,210
8%
4234'
64
■
12% Aug
24% Jan
18
1,250
Feb
July
5634 Jan
55
.
Oct
44
Feb
800
Studebaker Corp common
300
26
534 Feb
9
Oct
8% July?
200
Standard Oil of N
150
7%
73
900
4734 Oct
100
12
12 34 Oct,
Apr
27^4
19%
r-19%
York central RR Capital'—.—.—*'
&%
15
Jan
1,650
Kate
Oct-
66%
8%
1834
Jan
1834
'
Jarvls
Oct
6%
Jan
34
350
36V4 July
29%
100
8%
-834-'
41%
Standard
300
(new)—1
Interstate Power $6- pfd.
Oct:
15
Jan
4%
62
100
6% Mar
47%
.13%
834
150
150
14 V4 Aug
34%
60%
Parts—..—,—3
International Harvester
71
500
;
Oct
47%
12 Vb
—...—1
capital.;
30
2% Jan
Jan
*
capital—
Co
2634 Apr
1134 Apr
5
24%
Steel
81% July,
6334 July i.
8% July
8
8%
233/4
Inland
34% Aug
Mar
800
:
Indep Pneum Tool v t c new——.—*
Brick Co
Oct
50% Apr
3% Jan
1,150
5%
13
x41%
:
!
5%
common.4—.i.*
45%
1034 Jan
15
Corp
Cincinnati Street
Illinois
17
Apr
23% Jan
100
7%
3834
L) Co common—.—.! Nash-Kelvinator Corp.————..
5 \
5% July
Apr
6®.j May
36% Apr
1534 Jan
—?
....
Houdaiile-Hershey class ,B._—
Hubbell Harvey Inc common
13% Mar,
36% Aug,
8234 Jan
100
,
73
62
6
Martm IGlenn
5%
8%
61
..10
Spencer Bartlett common
Hupp Motors common
49% Jan '
:
26%
62%
Curtiss-Wright ———
——1General Electric Co.—.—...——
Jun
25%
'5%
*
cap..
Jan
'
2834
12
Harnischfeger Corp common———10
Co G
Sep
12
11% ■1234
Steel Corp common——.*
Aluminum
Brew
Sep
11%
6634
26%
50
;
27%
13 34
—TOO
common..
Gossard Co (H W) common——>
Heiieman
44%
50
11%
834
& Santa Fe Ry com—100
Feb
33%
34
1
common.
com
Jun;
300
6
.40%
American Radiator & St San com—..*"
U S Rubber
Corp common—;
Lakes Dr & Dk
33 34
100
30
72%
40%
Oct
13
Gillette. Safety Razor common
—
Goldblatt Bros Inc common——_ *
Great
Feb!
Jan
400
15
7%
-
Sep
.
—
"31%
28
2,670
15
5% July
17% July
1834 Feb;
Va Sep
2734 Jan
7%
6%
..
Stocks-
Unlisted
Feb
5
13
Util
Corp
100
■
900
6
*
20
14%
:
—1
A
common....—.—:——_*■•■
Foods
5
58%
11%
common—.....—.2
6%
'
14%
.——*
Drive Auto———10
Motors
350
.
57
"
15
28%
40
Co common—
Preferred
32%
32
Jan
1834
(Peter) Brewing common.——154
General
77
common.——-?-
19
-
Corp ——
5
Elgin National Watch Co.*——.——15
Eversharp Inc common:
1
Fox
300
750
3334
■'
■
77%" 77%,
4% Jan
4
General Finance
80%
34% Jan;
33% Jun
80
*
common..
13%
—
Co common
Co
36%
110
^
New
Dredge
i
Aug;
17% Mar
24%
50
28%
25%
Decker (Alf) 3c Cohn Inc common...10
Four-Wheel
350
57'
101% 102%
...—25
Fits Simons & Connell Dock &
17
3634
200
.
Cudahy Packing Co 7% cum pfd
100
Curtis Lighting Inc common...—.2 34
Household
13
Wrigley (Wm -Jr) Co capital.—•
Yates-American .Mach capital—^,
—5
1,650
i6%
33
-—50
V t c pfd part shares—
50
Container Corp of- America com—20
Electric
45%
*
Woodall Industries
2% May
4,350,
28%
6%
2834
28%
—1'
class
Inc
July
Atch Topeka
Industries Inc
150
12%
6334 Aug
600
■. 4
4
■;
part shs v t c A-—,
Domestic
1,150
30%
•
■■
30
Oil-O-Matic
12% Sep
870
1434
13
4
_29
common.
Dodge Mig Corp common
3034
29%
Co common
Oct
Consumers Co—
&
30
7%
Zenith Radio Corp common—
10
Consolidated Biscuit ccmmon..
Dixie Cup
Jail
3%
13
16%,
64!« July
Jan
78% Jan
50
90
90
90
80
"
Deefe
100
45%
55
300
•
Crane' Co common..—:
43
3134 Sep
3% Jan
1234 .Jan
29%
23% Sep
44
Sep
300
49
58
—*
.5
—'
27%
48%
■
Club Aluminum Uten Co common—*
Com
250
30
Utah Radio Producta common—.
4% May
Jun
1,200
1434
Steel•: common—,—————.
12
44 %
Febt
.
.1234 Aug;
Jan
2
15%
14%
5
1534
.20
Gypsum Co common*.—
74%
.
24
July
Feb
6
.27% Apr
120
3%
32%
capital—.—.—. 15
U S
Jan
,
•
Oct1
Wisconsin Bankshares—
for common._—
Edison
United Air L Transp
S
20,
100
1,350
32
31%
Corp com.
capital——,
Jun
400
11%^
10% Jan
:
850
<
7%
28,300
22%
10%
..2
58%
7%
22
-.
Oct
,
6% Aug,
1534 July
3% Jan
350
13
common.-———, .25
common....
230
3834
36
Preferred1...——— L_—..."
Commonwealth
(The)
Co
320
-
99
.25
Corp capital.
Union Carbide & Carbon
: n Aug
12534 Oct
,
Jan:
' Feb
.
534
13%
•
-■
—25
U
53
51
Cities Service Co common
% Mar
-
111
85
* ' ■534,
10%
capitaLw——.—15
208 South La Salle Street
31 Jun
July
13%
Jan
18
300
■
.25;
10
9 3/8
;—*
9 34
capital
Thompson (J R)
Oct
caoital
73%
72
72
1
Chicago Flexible Shaft commons
Chicago & North Western Ry—c
103%
% Jan
700
250
..
125
* '■
,
ill
13%
!«
13
—®
Central States Power Ac
V t
540
Corp—
Central S W Util common.——
lien
102
Co
&
Trane
'Common —i——-.1,'
Convertible preferred
Prior
21%
100
Jan
334
Oct
22
650
200
350
11
Suhdstrand Machine Tool common.—5
1234
4% May
2534 July:
Jan
2134 Jan
31%
Oct
31%
•'334
,
Indiana
ot
11%
31
Apr
600
Sterling Brewers Inc common.;
1
Stewart-Warner Corp, common—.—-5-
31%
30
"30%
Oct
Feb-
300
...1,
Oil
500
4%.
22%
cap.—..5
Standard
.30
...5
—
Central
•
Works
Stockyards capital—
*
;
.10
common.
2%
18
13
Common'
—
(E L)
Brothers
Butler
I
82 34 Aug:
155
24%
9734. 99
i—.
Standard Dredge—
5f,'o convertible preferred——.—.
Bruce Co
-
1734
■
Feb
5%
Feb
150
;
2434
-
*
—.....————.
,
7134 Mar
,
10
Oct
•5V4 Aug
1634: Oct!
17%
Spiegel Inc common—^.——-^-—2:
834 Aug
1634 Jan
150
8
~2%
■
/ 31 v4 July
24%
Corp class B common.*.—
Sinclair Oil Corp
South Bend' Lathe
12% July
:
ILi-
Roebuck & Co common.—.
Sears
17%
May
110
■•
,
Jan
Jan
Apr
1% Jan
50
81
%
>1134
100
152
4% May ;.
234 Jan
200
/: 2%
.80
152
preferred
Sangamo Electric Co common.—
Cummins Capital——a-
27% July
Jan
14
."2%
81
1
94Va Aug I
2034' Oct'
Sep
"26
1,050 ;
4%
16
"
16
TO
30%
•
'—4%
-16 4
;•
100
2%
2%
79
1134 July "
Jan
3'/a
-
30
Raytheon Mfg Co— i
3% Aug
3%
250
19%
19%
2214
fc
1234'
43%
11%
43%'
^
Wire—
&
800
700
'
■17%
17%
17%;
.
Fence
".
47/»
4%'-
>;
20 Va
May
Jan
9
IOO
1,050
5
High
•
Jun
7%
Schwither
Belden
Brown
"•
3 34
-
v
;
85
30
4%
Low
1034
3%
.
20.3s
1
common.—,
,
:
4
Athey Truss-Wheel capital.—;—
Car
Process Corp (The) common_._.——
Quaker Oats Co common.—.'...^.
Preferred-"4—... ,.u—4..1———100
164
434
■
Pressed- Steel
Oct
21
Apr
7% Mar
1
Jan
19
Asbestos
8'
Jan
103a
85
.
Range Since January 1
High
"3%
3%
Penn Gas, & Elec A common;
v.'—
Pennsylvania RR capital.—^*..50
Potter Co (The) common_.
...__„.l,
Jun
170
18
Equipment Corp common—— —1
Mfg CO common.—..— —I
Aro
100
14%
7%
Castings—. —_5"v
60(4
Low
:
Shares
of Prices
.
.
High
1434
14%;
Mfg common.——.
Aluminum
Advanced
Low
6034
Abbott Laboratories "common1.—I.,
(J D)
Range since January 1
High
Low
Par
Adams
Shares
Par
Omnibus Corp common..
I
.6
Peabody Coal Co B common-——8
6% preferred
.—100
Penn Elec Switch class A—-ui.—10-
for Week
Range
of Prices-
Sale Price
STOCKS-
:
ror Week
Range
,
Sale Price
•••'"
Sales
Week's
Friday
East
Last
Sales
Week's
Friday
•-
STOCKS—
Sales
for Week
Shares
100
26
50
tdah
Lnv
50
&20% a21
r
Range sine# January 1
High
40% Feb
-14% Jan
18% Jan
,
52% Aug
25%: July;
22% i'Jhu
20% .21" '
75
78
200
preferred.^.—*
132
63
jAh,
85 % July
Cleveland Elect 111 $4.50 pfd——*
Cliff* Corp" fommnp
—.—^—.8
>111% alll%
.17
17
5
111
Apr
11534 Jan-
Cleveland Cliffs Iron
Comhtercial
Bookbinding
—
20%
/
16
16
Apr
156
13%
250
10% Jan"
k
19
July
16
Oct
v
THE COMMERCIAL &
Number 4329
160
Volume
OTHER STOCK
WEEK
RANGE FOR
18 91
FINANCIAL CHRONICLE
EXCHANGES
ENDING OCTOBER 27
Range
Detroit
Cleveland
&
Electric: Controller
Machine
50
Jun
50
Apr
Jan
Creameries
85
57
53%
Vt a50%
140
Jun
Douglas Aircraft Co, Inc
4'
11% May
13%
Oct
Hupp
32%
42%
Oct
Lane-Wells
3%
3%
100
a9%
a43%
50
35
—
30
130
a48% a49
Youngstown Sheet &
■
.
11% July
Jan
44% July
Los
32%
Jan
49 Va
Oct
Menasco
15% Jan
19%
Jan
Merchants
'5
-
___._i.I___,
.10
com——__
Industrial
New
*
co mmon____*
Steel
Republic
U
S
al8%
York Central RR common—
Ohio Oil common—
163
Rice
10% July
Richfield
15%
20% Feb
Jan
145
15%
16: '
-Apr
201
5'0%
Apr
a 58%
•
Ranch
Oil
Oil
Co
Feb
560
1 %
Jan
Inc
Oil
Union
Jan
14-% Aug
712
30c
Jan
•60c
Oct
480
15%
Jun
22%
Sep
25
11%
Jan
17%
Sep
& Co.
Watling, Lerchen
5%%
6 '/^
Oil
Milling
Taylor
Transamenca
47%
Jan
49%
45
40 Vt
Jan
46
July
1,400
.5%
Sep
7
Jan
5%
15% al6
High
Low
High
-.9%
39
Briggs Mfg common--—4—
Gray
T'%' Jun
2%
July
12%, Jan
15%
Jun
300
14%, Feb
17
Motors
Brewing
1%
1%
13%
1.048
475
common———1
Car
Motor
3%
63%i
Feb
Kinsol
Drug common—
(S
Kresgc
f
S »
:
■-!
.
common—
Park Chemical
•
f'
(H W)
2 %
Jan
500
535
3%
558
17
215
3%
6% Aug
,•
V
36%
400
% a37 Vt
95
600
1,375
a36
■
2% July
VV
13%
Oct
Jan
6V4
Oct
.3Va
"100
2%
1,800
1% May
3%
3%
3%
3% July
2% Mar
2 Ve
Va
9
400
9 -r
"l%
1%
5%
5%
2.300
5%
1%
•
Jan
.6
Jun
6%
2%
375
Jan
3% July
4%
100
4%
2% July
2%
.
200
3%
6
'
■»••
2%
1.610
3%
Jan
4
1% Jan
6
July
Oct
V4 July
4% Aug
3%
Feb
9
Oct
Jan
:
98c
200
Earnsdall Oil
2
Aug
Jan
5%
Oct
Low
Par
Aircraft
Accessories
6%
-_50c
Corp—
w
SnnHiw
^otrnleum
Company__.
JJ
.
*
a
Barker Bros Corp common—
"I-II
Berkev & ,Gav Furniture Co
Bine THemond
Bolsa
Bvron
Oil
Corporation
Dept Store, Inc., com.
Chica
Broadwa"
Corporation—
—
1
Central.. Investment
2.45
2.45
1.60
—
18
—
a22Vu
Ja^k^on Co:
Chrysler Corporation
2
__
2
—5
—
For footnotes see page
•
1895.
a
Co
„
'
Low
18
63
.
,
34%
Sep
39
40
5'/a
-Feb
18:%
100
U% '
113
7%
136
3%
1 Vac
Feb
2c
1,700
2c
2V2C
Jan
15,000
Sep
10%
Jan
12
July
17
Apr
6%
Feb
7% July
Feb
13 Vo
15
Jun
20 Vt Julv
15
.
May
11%
Oct
6% July
May
5q
3 Vac July
IV2C Apr
Edkson
1
High
Jan
16%
45
34%
Jan
45 Va
57%
Apr
66 % July
100
13% May
16%
30
33 % July
10%
(B F)
ft 18 Va
ft.16 %
ft34%
7%
._7
Company
Texas
Tide
Hi
Union
6%
Feb
Union
17%
22-To
a45Ta
—.
,
—15
12%
—
a26%
Inc
—,—
-25
(Ind)
—1
:—
—25
*
Ilio
Associated Oil Co
Transport
Oct
United
Air
United
Jan
2.50 July
United
1.30
Jan
2.00 July
U S Rubber
15%
Feb
18%
a32%
—5
ft30Va
l/nited States Steel Corp—
21
Apr
22%
Jan
73
203
84% May
95%
Jun
May
Jun
(Del)_
1%
II10
Westipghouse Elec
Motors Inc
Woolworth Company (F W)—
Apr
31% Jun
Jan
19 % Aug
250
30%
Feb
2,375
6%
Apr
12
Oct
35
8% July
65%
.Aug
10
65% Aug
20
23
Jan
a50% ft51Ta
265
42
Apr
18%,
ll3, a
315
15% Jan
995
7%
Jun
11% Oct
92
16%
Jan
19% Aug
10
15 %
Sep
980
3%
Jan
3OV4
23 Va
.448
22%
,75
1
__io
12%
25%
Sep
51% Sep
21%
July
19% July
6% Aug
28%
Jun
267/a
30%
Jun
Jan
20% Feb
105
41
168
15% Feb
.May
24% July
50% July
18
Mar
466
87/a
Apr
12
July
408
16%
Apr
21V4 July
25
21%
Sep
24 Va
330
88 % Mar
244
12
130
12%
a26% a26Ta
a28% a28%
%
54% 54%
18% 18%
a 29% a30%
,
25% May
445
a 45% a46 Va
al5% al6 Va
22 % Jan
Feb
Feb
97% July
14% July
>28
July
164
.
29 Va
Apr
31 % July
298
32
Sep
34% Jun
324
53% Mar
55% May
475
13%
Apr
20
Jan
31%
July
Feb
.145
27%
45 Va
162
45% Sep
49% July
95
33% May
37
1 S.
805
K
a31% &33 Va
a30 V4
1%
al03%
14 Va
110
165
a30
1%
Jan
Feb
22%
Apr
155
26%
Jun
1,120
10
57%
57To
al03%al04%
.375
15%
990
a43% a44Va
128
14%
13 V4
78 Va
108 Va May
245
Va
a49 % a49
•
Ilio
& Mfg Co—
Willvs-Overland
9% July
25%
7Tb
a79% a80%
—
Company
36% July
Jan
37
al09%all0
5
Aircraft Corp
1.60
15
*
JOO
Pacific Railroad Company—
2% Aug
7% Aug
Jan
6%
1%
205
45%
-25
___————
Feb
28 %
.
30%
7%
Oct
Jun
a34% a35 Va
a30 Va
—
Jan
45
in/
39'%
43 Va July
53
Mar
al6Va al7
a34%,a35%
a32 Va a33
<N J)__——--25
Jan
Oct
.71
10%
18%. 18 Va
a21%a21%
97% 97%
Co—_——«
Corporation
715
a9 %
10%
Carbide & Carbon Corp
Lines
43
30%
ft!5%
Gulf Sulphur Co
Water
Oct
40% May
51
Feb
5%
a25% a26 V4
Co of Del
Co
40
5%
Pure Oil Company-
Corp
.35 Va
Oct
11% Aug
10% -Sep
130
10%
Oct
Jan
18
al6% al6%
•
Pennsylvania Railroad Co—
.25
Phelps Dodge Corp,.
<■
Pullman Incorporated — _2——_
Oil
100
10%
10%
fa.
—
of America.—
Jun
May
a38% a39-%
a42%,a42Ti«:
Oct
6%
Apr
4%
16
Oct
8%
20%
al8% al9%
„1
.50
Oil Co
70
18 >4
Paramount Pictures, Inc—
17%
a27% a27%
a50%
.«
!
Car Co—
1
18% al8 %
16
120
a64% a64T«
-18
RR
Aviation, Inc,
Republic Steel Corp
20%.
ft6Va
1 Va July
5% Jan
275
320
30%
Corp_——_—
Roebuck
50
Jan
—
Libby—
Company
Seaboard Oil
Oct
11%
OR
'
Radio Corp
Jun
28%
a9 %
North American Company———- JO
Motor
18
Feb
a39 Va a39%
pfd——
V—
Oil
Feb '
Apr
%
a50% #52%,
5%
6
Robbins, Inc—
Ward & Co, Inc.—:—
North American
14%
2o%
a
^
Tel Corp
&
Libby, McNeill &
Feb
15
20
Interlake Iron Corp
Kennecott Copper
5
66
a.5%
__5
Canada
Feb
65
1
Co
Int'l Nickel Co of
Oct
12% July'
Jan
4%
a%
a 16% alG1, a8
8%
a%
Hi
ft 38%
Co
8%
200
.;
Oct
39%
15% al6T«
a
„1
Ry
Mar
36% May
100
10%
4%
A%
Graham-Paige; Motors Corp—Northern
•;
Sep
a28% a28:V4
Corp—-—
Foods
18% Mar
165
16
16
4%
:
*
Share -Co
&
Sep
%
6 2 Va a 63
16
—I
Bond
23 % Aug
15
a
—i
A
5% Aug
Feb
a43% a43-%
a
al5%
_—
32% Aug
19%
■
a 43%
Corp—_____— —5
Zellerbach
Packard
16 Vt
280
July
aG2 \
I
General Electric Co
Ohio
May
70
3% May
100
175
-25
Curbiss-Wright Corp
lnt'1 Tel
32
6% July
Jan
4%
4%
July
28
Apr
155
% a2.9%
a 29
5
56
20
Aircraft Corp—
Vultee
Great
65
65
65
I25
%
.
'
24%
150
365
6 Va
195
Co_,__
12%
-
397
,27
6%
.
a38Vaa39Va
Co
Continental Motors Corp
Goodrich
163% Aug
a33% a33%
Commonwealth & Southern Corp—
General
43% July
Jan
„5
Commercial Solvents Corp
Class
Feb
-15
Commonwealth
Electric
36%
156 Va
a22% a23%
#
Crown
145
473
—
Railway
12% Aug
Jan
9
200
11%
ftl62%ftl63%
27
'—5
Company——.
Pacific
Canadian
Cons
11%
a39%a40%
163%
—5
Borg-Warner Corp
8
100
a22% a23%
92 V2'
Jan
3% July
14
500
783
500
645
95
2%
2.50
1.65
92%
2
800
275
,
33 Va July
2c
,
Columbia Gas & Electric Corp——.
Texas
Range since Jamiary
Shares
16%
63
.100
Corp
16%
Jan
8V« Jan
■
-13
Works vtc
Swift & Company.—
for Week
7%
4%
4%
•
Sales
High
6%
24 V4
17% Sep
*
*
Airplane
Borden
Studcbaker
of Prices
Sale Price
8TOCKS-
Aug"
a397/«
ft
Corp———1—. —5
Standard
Range
Oct
37 Va
1,197
.—3
Co—
Aviation
Bendix
Standard
liigeles Stock
Last
36%
Jan
2,118
,
__
Bethlehem Steel Corp————_.
Standard "Brands,
Week's
Mar
a6
6%
..25
Co
Socony-Vacuum Oil Co
Southern Railway
Co
Friday
Jan
36 Va
34%
9%
'I;";'
.100
Co
Corporation
Baldwin Locomotive
Sears,
Los
29%
llTii
—1
Montgomery
New
York Central
3Vb
6
& S F Ry
Aviation
4%: July
Apr
'XA. Va
A T
Atlantic Refining
Jan
3%
4%
Feb
31%
15
Sanl Corp—,
& Refining Co.,
.100
American Tel & Tel Co
Anaconda Copper Mining Co—..—.. ..50
5
Armour & Company (111),
McKesson &
9%
.6
Sep
32 Vt
16 Vt
18%,
.10
pfd—
Lpew's Inc
100
■■V 5%
43%
Apr
9%
Rad & Stan
3% Aug
643
6
Apr
18 Va
1'
Company
Jan
1,450
890
37%
30 Va
350
"9%
Oct
30
363a
a
Oct
Apr
31
a6
•
__
Oct
14
26%
22%
1,021
30 V4
'
Apr
July
4%
Jan
7% May
550
16%
Cement
3
,v
~2%.
Invest common
2% Aug
%
6
6 .;■■
Radiator
Aug
13%
13
Products common
3
4% July
Jan
a
Oct
3%
'
.6%;
15
Feb
1% Feb
1.145
3%) -3%
%
,
Pattern common"B" common—
Wayne Screw
1%
Oct
1% Oct
Jan
.
Feb
4
Jan
May
"
2%
3% v
:_2
copm^^———
UniversallCoolef"class B__4——
Walker & Co class B_2—1.——
Warner Aircraft common—
S
2% <•
:* 2%
.1-1
common
.
36c
.
2% Mar
5%
5.%
1% July
Jan
'Jan
1%
'
%
,2%
Udvlite common
U
3% V
3%
~~5
1
Oct
5
660
2%.,
Aug
26
65c
133
14 Va
•
July
"1
Feb
1%
12,740
Oct
4
May
24c
8,325
1%
2% '
2%
Tivpii Brewing common———
Union
3%
Sep
1%
Jan
Va
22
800
:
16%
Feb
57c
5,100
1 Va "
3%
Aug
2% Mar
,
315
1%
Jun
18 Va
Jan-
8V2
Oct
14
Feb
50c
6,900
26
1 %
33c
Standard Tube
*
300
3%
1 .00 v-:
32c > 33c
4__<l
•jf ( Slieller Mfg common—
4
37.415
1%
River Raisin Paper, common—
Simplicity
160
1%
.4——1
common——
Scotten-Dillon common
'
14%
3%
"—50c
—
Peninsular Mtl Pr common—
Prudential Investing
_
Rickel
'
Co
14%
1%
1%
Apr
12
115
95c
Motor Car common—
Packard
252,
14%
,
Abr
Mid-West
1,100
16%
,3%
■
Aug
12%
25%
1
T
May
7
14%
_1
Michigan Die; Casting common,
Michigan .Sugar common—4
Micromatlc Hone _4__—
4
1%
1%
Sep
Jan
2%
06c•
16%
——10
common—
Masco Screw Products common.
McClanahan Oil common—
.
4'
,
4,485
5%
65% July
i.'X Feb
128
,
15
3
31
Corp—
Boeing
Jan
52%
12%
1
1
Kingston Products common—
7% July
860
6
Oct
Jan
700
3%
Sep
4%
1%
—*
1
common
Mfg common—
1% Aug
13%
4
.7%
5%
Houdaille-Hershey class B———"
,
Jan
5%
3%
.
Jun
2%
670
63
Sep
7% July
21
Jan
5%
common
:
11% July
7
common—_——_—1
Grand Valley Brewing
—i—.— l
Hoskins Mfg common
2%
Hudson
4
4
Jan
75c
300
13%
Graham-Paige
Hurd Lock ,&
18%
21 "/■ 1.338
20%
common—
4%. Jan
200
6%
6
—1
common——10
General
Goebel
9% Oct
44% Aug
,
600
200
Iron
Finance
General
150
16%
Industries common——3
Gar Wood
6Va Jan
27%VJan
:-400
1%
14%
1%
Detroit Steel Corp
Frankenmuth
•
.
16%
—20
common,
—5
common—————5
Brewing
1
Edison
Detroit
9%
39
14%
"l%
Brown, McLaren common——.,—i
Burroughs Adding Machine ..I,—e
Consolidated Paper common——_____ 10
Detroit ■:&' Cleveland Nav common—10
Detroit
:•
<
27%
10%. Jau
31
American Smelting
'
9Va
Baldwin Rubber common.
23V2 Aug
710
Unlisted Stocks—
Amer
Range since January 1
''
Low
107
694
36%
•
Oct
Jun
42% Aug
Jan
36%
347
36%
5%
51%
Jan
166
4%
Aug
15 Va
47V2 May
95
Oct
UV4 July
July
3%
10,532
39
32
25c
Sales
for Week
Shares
of Prices
15
24
Oct
48c
May
8% Mar
188
31%
m:i2
Corporation——.
Portland
28c
1,400
48c
a9%
1,774
25
Oil of California—
—
—10
Universal .Consolidated Oil Co-
Week's
Range
Last
37% July
35%
200
.781
13%
mil
Detroit Stock Exchange
Friday
Jan
148
49 %
Mining Stocks—
Sale Price
Jun
37 Va
357
Calif
of
Cardinal Gold Mng
BTocKS-
Jan
33%
26%
42 Va.
"
Western Air Lines Inc
Yosemite
48
Jan
1,076
13%
Union
Telephone: Randolph 5530
Jan
30%
33%
26%
42 Va
__
Sunray Oil Corp
DETROIT
Ford Building
Sep
13%
Pacific Co—
Co
18c
25
26 Va
—25
Southern
Chicago Stock Exchange
100
700
25c
_
Standard
York Curb Associate
New
Stock Exchangii
Detroit Stock Exchange
Jan
4%
'
••
New York
May
a23Tb ft23"a
13
13%
—25
preferred A
39c
30c
4%
So Calif Gas Co 6%
Members
Jan
4%
5%
a52V«.a52%
■
•
.--25
C_—___
pfd—_______ —25
preferred
Sep
30c
42c
.—25
preferred
preferred class B__,——
-90c
3,200
a9%
a23Ta
_»
*
Orig
5,460
39
Sontag Chain Stores Co. Ltd—
Southern Calif Edison Co Ltd—— 1Z25
6%
Oct
1.75
1.65
32c
30
a
Company—_______'mil
Aircraft
Sdar
10
250
17
ft
5%
5
■
15
—
Aug
21%
44
-II30
Corp
6
49%
1152 Va
Corporation.———
Oil
Jan
16% July
6Gc
__1
••'■
1
Security Company
Shell
Sinclair
92 %
13%
5%
•
63 7 a. July
■
37 Va
mil2
€0—_—
4
May
53
Apr
Jun
44
1
—
Safeway Siores Inc
38%
Jun
8%
'■
.
Aeronautical
Ryan
.213g July
Oct
47
'
•
'
•»m
common. miii
common—-.
15%
49%
465
25c
"
10
Company
Corp
Jan
Jan
33%
Corp common—.
Public Markets
Roberts
Feb
20 Va
Sep
*94
•
a57
Steel .common
42% July
Jan
10
14%
V4
Jun
30
—25
Co.—
Petroieum
Apr
.6%
18%
a
Republic
35%
•16%.
al8Va
Pacific Lighting
15
18%
a
16%
,
—-
July
50
9
8%
Oct.
39 %
Sep
400
72%
25c.
•
160
a37% a37%
Rayon, common.—,
Iron' common—Ji_l_______ *.
51%
Feb
35
42
1.30
—1
38% Feb
.35,
a38% a39%
GeneraJ;Electriccommon__;__i_l__^—_*
Interlake
a51%
a51
comi„;_;_;la-i-'
Rubber
Tire &
Firestone
38%
Feb
32c
.__1
Co
Indemnity
11% Aug
100
—1
.
1st preferred
Jan
210
1.60
—i
_ii,
Co
Occidental Petroleum Corp
Pacific
65 Va
7%
15
17
ft
Oceanic Oil
Jun
Sep
Jan
100
20'%
1
—
42% July"
45%
6%
52%
50
4
29%. July
Apr
7% May
600
644
55c
Apr
37%
40
43% a44 %
Jan
9%
1,215
Jan
13%
13 V
—1
Feb
6%
a
July
14%
75
__1
33%'
<•"•'''
Enlisted
Cleveland Graphite Bronze
Oct
490
49 Vi
——25
;
40
Jan
14%
:
Co—
Mar
460
75
——
v.
Petroleum
30
5
a42
49
Angeles Investment Co
Mfg
2,800
20
Company'———, .10c
Corp
13% Mar
11% Aug
126
12%
40
75
Company
55% July
a46% a46Tn
Co com__
20
6
a38% a38%
Tube___:___il—*
Jan
Oct
common.—
Aircraft
Lockheed
40%
300
a24 7/a a247/8
V————-50
White, Motor
19%
19
19%
Works__l___^__l__li:,i*:
Van JDorn ilron
A
Co
Petroleum
Lincoln
4 % July
Jun
6%
a43
Thompson Products Ine_l_..__—
Jan.
-
70
14%
Motor Car Corp
100
432
%
6 Va
aOOTa
Hudson Motor Car Co—
13%
349
a42
Oil
41%
Oct
70
&
Oct
18
Jan
13
■
,_10
Development Co.
13%
a9%
Ohio!
Hancock
Oct
15%
40%
River
Standard Oil of
1314
50
3%
Raibih Paper—
Seiberling.. Rubber
Oct
5
Jan
Feb
-
"A"—I. _.l
common—
Co.
Goodyear Tire & Rubber
Holly
18
18
.v.*;'
—5
,
___________—1—
Bros
•3',-%
10%
953
5
15%
15%
11'/a
a492%a492Vi
13
13
6%
7
a60% a64V«
11%
11%
Corp common.—
Gladding, McBean
25% 'Oct
25%
Jan
12%
1
& Radio—
Corp
Jan
.7%
33
Preferred
Oct
43
' Feb
General Paint
Sep
7%
15% Mar
124
24'
.23
5
15%
14% ' Qct
Motors
20%
1,250
70
'.a492 %•
Ban" ,100
Nat'l
class
Stores
Fitzsimmons
General
915
11
70
1
—
Television
27% July
Jun
36
67
45
'
A
Oct
25 Va
.1-4
Corp„
Ltd
Co
Farnsworth
Jan
23
Mar
5%
Oil
Exeter
Farmers & Merchants
Jan
11
100
7%
7%
43'/a
20%
Products
Electrical
Oct
25
1
America—
of
6,300
16%
16%
9 % Jan
10;%
25%
i——
»
34% July-
20% Aug
350
14%
14%
Metropolitan Paving Brick commonRefining new———___
Electric
12
a24% a24 '/8'
Preferred
,.,106%, Aug
Jun
Feb
31
77
21%
,21%
—
54%
Feb
40
102%
21
157
32 Va
32
National
Riehman
Jan
106% 106%:
Laughlin
—
——
Kelley Island i'Jmo & Tr______—Lamson & Sessions.
~—
McKee (A G.Vclass- 'S7—————Medusa Portland Cement___i__ii_j.
Patterson-Sargent
41
a 50
-
Jones. &
Reliance
47 %
10
Range Since January 1
Low
High
High
15%
16%
Consolidated Steel Corp
7% July
Jan
100
53%
—.>L_J_—
—
^Goodrich .(B..F) common__-.___.__
Hanna _<M A; $5'cum pfd——
Interlake Steamship,
Jaeger
4%
6%
6%
_5
—
L010
Par
High
Low
47 %
Nav——
Eaton Manufacturing
1
Range Since January
Shares
High
Low
Par
Shares
of Prices
Sale Price
STOCKS
for Week
R4Uige
Last
for Week
of Prices
Sale Price
STOCKS—
Sales
Week's
Last
Sales
Week's
Friday
Friday
70
IVkMay
43 Va
Apr
50% May
93
6V4
37
Feb
July
16% July
82
July
108 Va May
34
31%
Aug
Oct
2
July
50
Jun
-62% July
99%
Jun
Feb
19% July
Jan
42 %
Aug
Monday, October 30, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
1892
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
OCTOBER
27
Week's
Friday
Philadelphia Stock Exchange
*
Friday
Week's
Range
Last
Sale Price
STOCKS-
'* Sales
for Week
of Prices
V
•v
Range since January 1
Shares
1
Par
American Stores
Securities
(E
Budd
Mfg Co
G)
Wheel
Co
Chrysler Corp
90 Va
9%
Electric
Coal &
Pennroad
Corp—
Philco
Corp
Salt
Scott
Sun
_••■
z
—:
1,357
51%
Feb
66
4
Jan
Sep
•7% Mar
715
5%
Apr
Jan
7%
"7
,
5%
Feb
3
4%
2,942
29%:: 30%
'2,249-
<
Jan
26
.
—3
"72
190
19%
19%
20%
12%
25%
26%
1,964
119% 120
393
33%
116
"
365
1714 •17%
32%
50
32%
28%
Jan
26%
25% Jan
16
20
Jan
STOCKS—
Mar
Jan
44%
Oct
American Inv common.——_
Jim
68%
Sep
Brown
1 Va
1%
10V4 July
8% Aug
%
883
1% Aug
%
Sep
Jun
2
1% Mar
Jan
Columbia
Brewing
common
Emerson
Electric
1%
872
'37%
37%
1,394
•31%
Apr
38%
12%
12%
1'3%
3,569
12 V4
Oct
15% July
Griesedieck-West
—10
26'/a
26%
26%'
15
Jan
26%
,
46
1% July
Jan
Oct
Preferred
Oct
Hyde
Brewing
Friday
Week's
Range
for Week
Sale Price
8T0CKS-
of Prices
Par
L010
Shares
Range since January 1
High
S2.50
Laclede
'
27%
Lucllum Steel-——
Gas. Co pfd_—
—100
Nat
Co
Byers
(A
M)
Clark
(D
L)
Columbia
10%
.4%
4%
14%
10»%
,
Jun
377
214
100
1 % May
4%
100
3% Jan
/18%
18%
15
.100
IC.9%
-10
Gas
10%
10%
10%
-10
8%
8%
8%
535
952
1%
1%
50
50V2
209
liVa
14%
50
116% 118%
15%
665
182
-
Supply--———
Fuel
Mountain
3%
4%
Refractories——.
Walker
Lone Star
Jan
7% Jan
140
2%
Koppers Co preferred—-—-——
1
13
10
~
Sep
4%
Pitt Brewing—
Harbison
6%
——
Electric common
&
Gas
10
57
14%
common—
Candy—---——
29%
10%
11%
16
10 %
4%
2%
5%
20%
24'% Apr
9% May
62
10%
10%
Continental Commercial Corp com.
Fort
27%
10%
lOV-i
————---~
Fireproofing Cori)——
Pittsburgh Brewing preferred_1
Pittsburgh Forgings —J
25
Pittsburgh Plate Glass
—1
San Toy Mining-—.
109 % 110
National
;
50
.'•
5c
5c
101
108
5c
Jan
Jun
6%
Jan
50c
41
Jan
Jan
2c
July
Oct
Missouri
Midwest
Last
of Priees
Sale Price
STOCKS—
Par
Power & Power
Abltibl
preferred
preferred
6%
7%
Gas
Acme
Co.
Gold
10
'58
51
Apr
Sep
115
Jan
Aug
115
7%c
1,500
1.44
4,100
19c
20c
13,000
11%
11%
180
8% Mar
96
97
110
89
Jan
94
95
185
84
Sep
99
96
Jan
11%
97
.
Ltd
——1
——.1
15c
14c
Oct
Jan
Apr
99%
120
67c
3,350
58 %C Feb
7.25
1,253
5.75 May
,
Mines
Jun
Feb
12
Apr
37%
Oct
10%'
10 %.
200
5
Apr
10%
Oct
15%
15%
100
13
Apr
v 17
July
100
12
Fob
23
Jun
-25
—
23%
~-25
common.
16%
ENDING
9%
101 % July
preferred
Calgary &
Calmont
Camp
1st
pfd_
99c
3,500
55c
Jan
1.18 Aug'
17c
17c
500
17c
May
34 %c July
18 %c
Apr
58c
Mar
4,500
7c
Oct
27c
27c
500
27c
Oct
18C
17c
20c
104,000
8%c
Jan
31 %c July
40c
39c
43c
61,800
39c
July
71 %c Aug
104
104
10/
103%
Sep
28c
Apr
Jan
7c
8c
82c
80c
84c
23,000
3.65
3.60
3.85
1,400
3.20
107
Aug
1.04 May
4.40 July
•
Edmonton Corp Lid——
Ltd
Oils
Bird
__
—
-
...
Canadian
Eread
Canada Cement
Preferred
—
B
A-—
—
26%
Class
A
class
Preferred
„
$5,000
97%
Feb
101%
Sep
400
60 Va
May
71%
Oct
71%
Sales
for Week
Shares
60
Low
24
25
1.75
10%
Blue
—
8%
■
Apr1
1.900
22c
Ribbon
Canada
Wire
Canadian
**
2,500
Gold
Bralorne
Mines
Mines.
Brantford
—
Canadian
Breweries
Canadian
New
10
57%
Jun
62
335
60 :
8%
6%
Jan
25
American
Oil.
Columbia
Packers
Sep
30
Oct
27%
Sep,
10c
15%
Jan
24 %e
July
13%
2,500
Feb
-T
British Columbia
Class
British
Broulan
Buffalo
Power
class A
230
:
1.57
1.50
1.55
'
36c
54,750
1.31
6,791
29
161
287
9.30
9.30
550
25c
26c
18,800
10
.10
20
7%
7%
175
12c 12%c
15,370
Buffalo
Building
29.
21%
300
151
I6V2 Mar
Jan
2.89
Canadian Gold
Products
footnotes
12C
17c
17c
22C
Feb
53
Aug
6%
120
5%
8%
7
Oct
32
Oct
34
Oct
165
13
Oct
13%
Oct
145
Jan
160
17
10%
145
9%
Jan
37
37%
133
31%
Jan
40
21
21
10
18%
Jan
14%
'
15
1,045
14%
Sep
23% Aug
15% Sep
Aug
2.45
Jan
7%
7%
2,140
43%
72
40%
Jan
45
15%
15%
25
8%
Jan
16%
24
24
24
275
22%
Jan
24% Aug
17
16%
"17
285
12
Jan
18
8
1,
'
-
5
.
8% Mar
Jan
Jan
31
July
Apr
161
Oct
11.00 July
Castle
10
365
Apr
10% July
26%
27
180
24%
Jan
28
42
43%
45
35%
Jan
45
152%
152
141% May
155
Oct
♦,
17%
17
20
July
9%
'
'
•
Alcohol
6
A—
*
——
68%
——
*
-100'
preferred
Ry
68%
80
153
11%
12%
2.05
21
70
69
70c
140
5Va
255
6
66c
15
120
17%
140
68c
■
60C
5,250
Jun
Jan
Central
12
—-1
Gold
Patricia
1.05
—
1
Mines-.
Central Porcunine Mines
'
5
133
71
Jan
Jan
2.05
500
1.50
1.05
1.05
400
——
—
1
2.15
'■
H-m
2.15
90c
Chateau Gai Wines
2.20
1,300
1.62
8%c
Jan
700
32c
28c
35c
Jun
Chesterville Larder Lake Gold Mines__l
1.25
1.33
13,145
10
Feb
Chromium Mining —
1.40
1.40
200
2.80
2.79
2.95
16,650
12%
12%
12%
41 %c
46c
July
Oct
Apr
Jan
14%
Sep
Apr
26%
Oct
Coniagas
20%
20%
22%
Corp___
Willans
Gold
Mines-—
•
Co
Plow
—
Conduits*National Co
Mines
2
—
%
—
-——
17c
1.15
2.50
1.26
48c
1/72
Sep
2.00
Mar
Jun
190
11%
Jan
14
72,930
15 %c
Jan
46c
1
6%
6%
6%
1.47
1.50
5
1,850
1.50
290
2,100
1.15
3.30
1.33
Jun
14 Va
Jan
21%
1,203
20
Sep
24%
Jun
Coniaurum
1.46
1.46
1.48
22%
23
520
21
Mar
23%
Sep
Consolidated
Bakeries
15
15%
30
24
25 %
135
22
Jun
27
July
Consolidated
Mining & Smelting— :::5
50%
50%
52
1,282
•
19%
19%
21
345
19%
Oct
24
-100
139
139
140
40
2.CO
2.00
50
90c
90c
96c
5,900
72c
61c
93c
561,125
61c
Oct
94
94
94
5
84
1
77c
70c
Mar
24%
24
24Va
155
21
May
36%
35%
37
405
33% Mar
5,500
5Vbc
•
Jan
Sep
3
Jan
Consumers Gas
Apr
Conwest Exploration
1.40 May
93c
Jan
<Toronto)
0
—
Corrugated Paper Box pfd.
Cosmos
.
100
*
Imperial Mills
16
90c
July
55% July
38Va Jan
128
Oct
Oct
141
Jan
Aug
2.84
Oct
95
.
24
July
Aug
Va
Sep
6.20 July
9%
Jan
Distillers
Seagrams
18%-
10%'
•
———
Sep
2.20 July
Mai-
1.85 Sep
Mines_
Feb
Sep
1.80
Jun
Jan
Mar
July
7
May
24
Va
Jun
May
July
1.57
--5
*
4%
Jan
.•_*
5%c
Sep
Aug
21c
3% May
5,792
1.32
Research
1.26
Jan
1,200
4%
4
—ll
Chemical
11%
5%c
JuH-
2.30
Feb
13 %c 13 %c
Oct
25%
*
Aug
14
,.
"
0
Jan
118
Mines
July
144
-
Jun
10
795
3.55
July
85C
Apr,
10Va
67c
14%
1,100
Jun
6% July
Feb
3,280
,
Aug
Cochenour
7.400
Mar
'
\
—25
;
Quartz Mines—
Tretheway
Cockshutt
78c
Sep
Julv
:ioo
Gold
26%
,
Mar
42
—25
——
——
Pacific
28 %c
5.50
165% Sep
12% Mar
43%
—
common
common
Industrial
17c
1,000
76c
1895.
8% July
330
7%
—
Foundry
Canadian
14%
»
Oct
34
43%
Ho
Dredge
17%C Aug
5.00
page
116
14%
14%
_' *
— __———
Celanese
6%c Mar
•
Ltd
Ltd
see
22
Jan
43%
July
Sep
8.50 July
Mines
Mines.
Gold
Burlington Steel
For
26C
—
Oil
Porcupine
Ankerite
May
50
390
10 %
*
Oils
26%
B
Dominion
May
18
20
50
159
9
__—-
i-
Canadian
26%
•
common
Apr
Aug
9% July
103
20
*
British
July
Vic
9
13
'.
ZIu
common-——-
common
——
&
Car
Preferred
14 %
Brazilian Traction Light & Pwr com—*
25
Oct
33
•
*
preferred
•
British
2.24 Mar
Jun
May
33
*
—
Canners
1st preferred
Conv preferred
„25
pfd
26
July
11% Mai-
6c
5%
B—
new
Preferred
Canadian
Canadian Locomotive
Canadian Malartic
26
.26
class
Commerce
Oct
45
305
..
158%
„„1
Ltd
Cordage
1
18
49
'
■
a
—
Cable
&
Bank
Canadian
160%
common——.*
Corp
Bob)o Mines Ltd—
Bonetal
.1
1.70
6,100
6c
115% 115%
■
—
*
'
Sep
1.40
,
*
Hats
High
Oct
10
10%
24
45 %c
Bidgood
Biltmore
Range Since January 1
High
'
49
;—;
Canadian
29
—100
—.1
Oct
Mar
13
A
—;
May
15%
_1
—
13
35
6c
8%;
■ ————
Feb
12%c 13 %c
A_—*'
cf Canada
Jan
Feb
21c
-
Power——-——
23c
Exploration & Radium.-———1
Quebec Mines
Kirkland Gold
12
Jan
1.71
60
i~—— :Too
—
Forgings
&
Packers
Cariboo
Brothers
Oct
Oct
Sop
9
24
i~L'
1
Belieterre
9%
27
31
22c
«
common—
Oct
27
Bell Telephone
Oct
Mar
17
110
1.71
1
1—— -50
B
10c
30
Beatty
Mar
'
2,500
26 Va
Beattie Gold Mines Ltd—L—
11%
777
10%
"~~1
Mines
12c
29 V2
Bear
18%
Range
—
11%C
*
class
44
Jan
9% May
13
LOW
—50
90c
—^.10
Paper
Jan
11
Week's
■
__
.100
Canada, Permanent Mortgage—,
Canada Steamship Lines common-
18%
&
32
of Prices
0
—
Jun
Oct
Power
43
140
AUg
34%
71%
Sale Price
8.05 July
76c
15Va
Bathurst
21%
101% 101%
71%
■
Class
470
10
Jun
12%
a
Canada
16%
new
Oct
16% Aug
,
15
34%
1st mtge 5S—1959
Mills
Linen
July
15%
Scotia
12% May
.25
27
May
16%
Nova
18%
23%
Apr
MARKETS
OCTOBER
13
—10
of
38
17
18% July
16
20
16%
21
37
38
16% May
85
100
21
25-year conv inc.———————1964
98
24c
Metals Mining.—i.—
18%
23 Vb
Oct
BONDS—
St Louis Public Serv
Northern
Oct
Bank of Toronto new——
19
19
18
23%
.10
9%
Canada
10%c
Bank
Apr
5
10
35
161
July
33c
8,500
Base
6%
175
10
Malting
13c
new—;—
Sep
55
Foundry
11 %C
Montreal
43
11
Canada
12c
of
Jan
25%
Canada
Bankfield Cons Mines————1
Bank
35%
375
200
Metals common-
May
17c
.1
— __——
175
11
Canadian
Bagamac
42%
6
common—,™
1.79 Mar
90c
Ault & Wiborg
preferred———100
Aumaque Gold Mines
—_1
Aunor Gold Mines
——1
Oct
*
1
.——
7c
1.10
65c
:
6.95
Mines-—_————l
Gold
■
6.95
65c
20
Apr
Jan
99 V4
——*
——1*
of Canada 5% pfd.,.100
common
Astoria Quebec Mines———
Aubelle Mines
27
112
19c
100
Ltd
2,350
1.44
112
*
Anglo Canadian Oil—
—*
Anglo Huronian Ltd — ————
Aquarius Gold Mines ————1
Area Gold Mines Ltd..——„—
_1
Armistice
49 Vs
——1
——
Preferred
Arjon
47
4% July
2% Apr
1/410
7%c
100
Algoma Steel common
Aluminum
47%
—
Ajax Oil & Gas———
Aldennac
Copper
———
Aluminium
100
3%
•
Oil
&
—
3
High
Low
Jan
25
2nd
Range since January 1
7
37-%
STOCKS—
Shares
300
-1
Caldwell
High
3%
common—
——
Low
Oct
220
12
Last
for Week
Oct
2%
5%
Par
Range
Oct
2%
19%
..5
LISTED
Sales
13
48
12
Goods common——
Exchange
Week's
Friday
Oct
Jan
100
Funds
Canadian
9%
47
37%
Friday
Toronto Stock
51
37%
10
Baer & Fuller , .common—
Wagner Electric common—. ———- 15
WEEK
Oct
11 'A Aug
12
Stix,
Aug
FOR
Dry
25%
Aug
45c
Scruggs-V-B Inc common——Sctillin Steel common,——.———
Oct
CANADIAN
RANGE
Candy
.
Sep
48
20
St Louis Public Service A com———
121
Jan
Bearing
Rice-Stix
Feb
—5
—
Cement
Sep
Aug
6% Jan
,85
Oct
16
111
2%
Piping & Supply commonPortland
13%
Jan
19%
42%
6
—.
common—
National
Oct
12%
'
com
common
National
50% Jun
15% July.
Jun
10c July
Feb
12%
3,000
2
Machine
McQuay-Norris
'8%
Jan
95
Landis
Prod
75
48
—
—
Clay
51
Aug
May
28
12%
__
common—.
Oct
July
July
Sep
July
110
Oct
10% Oct
Apr
7%
•
July
Steel
3
100
295
48
common,. 100
100
common
Laclede-Christy
High
Low
Jan
8%
10
.10
preferred
11%
27
Feb
35%
.
51
—_—_—
Monarch
July
104
_a.5
——
Oct
8%
23
50
110
10
Aug
45%
5% Jun
100
13%
15
9
Jan
40
50
26
35
common—
Key Co common
Knapp
50
10
___
International Shoe
Sales
Last
6%
35
common
,
:45%
High
Low
6'A Jan
50
/" 10
13%
.50
Brick
Pressed
Preferred
8%
45%
110
common
1936
spv
;
8%
15
13%
_4
100
——
—
—
Brewing
Park
Hydraulic
Pittsburgh Stock Exchange
Allegheny
—
Hussman-Ligonier common
1
High
26
-5
common..—:.
1%
3714
Range since January 1
Shares
6%
•:
U0
Electric Co
—u——
Coca-Cola Bottling common——— -1
Huttig S & D common
Blaw-Knox
1
—
Century
Preferred
Arkansas
Low
common————
13 %
™—-,r-.-
of Prices
,
% May
511
1%
Shoe
Sales
for Week
Range
Par
38%
,J«
SL593
Exchange
Week's
Sale Price
53%
%
CKntral 7600
,
Last
36% July
170
./'"•'/
Phone
Bell Teletype
1
Friday
76
•
•'
•
Oct
'
Improvement——
Apr
St., St. Louis 2, Missouri
r
Feb
34%
Oct
'64%
!>
4th
St. Louis Stock
Oct
120
50
1%
207
Chicago Board of Trade
120
-25
common™————
Inc
North
New York Curb Exchange Associate
Jun
22
Jan
Aug
•
8%
•
Oct
28%
Associate Member Chicago Mercantile Exchange
63 Va
%
28%
27%
,.200
Members
■
43 Va
———
:_25
Oct
21%
35
St. Louis Stock Exchange
8%
1%
35'%
■'
35
New York Stock Exchange
Oct
'
-■-1
Jun
30% May
,9%
35
Established 3871
43 Va
63%;
Sep
10%
31% Julv'
Oct;
190
18% May
23%
..
78
29%
26%
7%
Feb
y
300
:
•
Oct
5%
V
161% May
5,093
25%
—-—
Westmoreland
".■•••
Aug
8%
4%
186
f
Jan
6%
July
10
—2b
———:
preferred
$3
United Gas
Apr
64%
5%
3 %
150
Edward D. Jones & Co.
•■!/.'
16% Aug
47% July
13% May
100
.100
Transit Invest Corp common——
.
45%
39 %
2,352
—
Preferred
Sep
871
1,766
*
»
common—-—-——-r
United Corp
Sep
3%
-50
Mining
Tonopah
Oct
11
Apr
4%
common.—-.—
—-1
Corp ———
Paper
Oil,
94%
62 Ve
Jan
Mar
12%
Oil
Dome
*
16
5
40%
50
11 Va
—50
—
Co
Reading
78%
707
60%
30
1.850
St. Louis Listed and Unlisted Securities
"
44
5%
1
7%
9%
Jun
3%
—50
common——•
Pliiia Elee Pow
207
~
4%'
High
LOW
6%
9%
Alloys
Chicago Stock Exch,
———
preferred ——
8% pfd
4.40%
II
91%
6%
Salt Manufacturing-—
preference
Apr
12%
Philadelphia Electric Co commonSi
7%
9%
50
—-—
Pennsylvania RR—
Penna
135
52%
& Light——
Power
9%
9%
1
Navigation—
Lehigh Valley RR—_——c—National
12% July
61.%
_10
Co—
Engine
Aircraft
Jan
15%
.
-
Sep
44%
Motors———u
Jacobs
5%
52%
Storage Battery——
General
Lehigh
170
'
16
Range Since January 1
High
1
Springs——
Steel—
Westinghouse Air Brake
Vanadium
Low
1
Gas. common.
Steel
Jan
10%
90
;,
*
&
Par
Shares
Oct
26%
9%
Light (wd)—_ 13%
Delaware Power &
55
Apr
9%
*
24
Feb
21%
lOVe
1—5
Apr
34 %
10
10%
,
Oil
of Prices
Oct
185
24 Ve
———-
18
164%
Jan
250
24 %
common——
156
-
55
55
•
High
19% July
Jan
23%
22%
—
:
preferred
Prior
22%
—
Curtis Pub Co
841
—10
common—
14%
252
—50
Corp
Corp
Asphalt
Barber
Budd
17%
162% 163%
163%
—13
Works v t c
pfd—
Baldwin Locomotive
Bankers
>100
Low
High
17%
■—
—.
Tel & Tel
American
Low
Shamrock
i Standard
Sales
for Week
Range
Last
r
i
Sale Price
STOCKS—
:
18%
25
15%
Jan
21
Julv
Dome
10
10%
560
8%
Jun
11
July
Dominion Bank
Mines
Ltd
new
*
common
—
•
^
II10
25%
24%
25%
2,120
18%
18%
18%
275
'
24%
Oct
17%
Oct
42
Mar
31% July
19% Sep
Volume
160
CANADIAN
Last
Low
Par
common—■—
Preferred
■—_
—*
Dominion
■
23 'A
■
„*■-
Stores
/ 435
13'A
Sep
14
■'
Apr
9% July
12'4 July
495
12
5'A
17c
,
5V4
19c
9c
1,400
13,500
7%c
2.15
2.15
2.25
9,775
—,_T
42C
38c
42c
10'A
1014
11
-38
38%
102
19%
19%
10
Machine Co..—
Washing
Economio Investment Trust
—.-25
——
English Electric class A...
—
11—25
Equitable Life Insurance **.*—.
8%
Mines—
Farmer Candy Shops
Fanny
Federal
■.
8%
4.75
36%
38
*
2%
60
60
2%
''■,'3
26
class A——.
Foundation Co
19%
Frobisher
60c
66c
Aug
22
Jun
10
63C
.
.
4.,70
4.70
9%
5.50
9%
10
,7
15%
4
Feb
Oct
Apr
33c
,
26% Jun
20%
Sep
8.20
Oct
Oils
Okalta
:
common.—
—100
preferred
5%
J..*.*——*;
General Steel Wares common.—
9
"■
Preferred
..100
Giant Yellowkuife Gold Mines.
—1
Gillies .Lake-Porcupine Gold———1
Products Mfg A
General
—
11 'A
205
'
103
103
150
7.90
8,595
Pacific Oil &
1.99 Mar
lie 12'Ac
87,800
12c
4C
Petroleum
*•■
25 c
25c
26c
Goldale Mine.*i-——————1
21c
21c
21c
7.200
3c
3c
4%c
6,150
God's Lake Mines Ltd....
Eagle- MinesG——.._■_wA*.-*.—!■
•/ Preferred
-
preferred'
20
vtc———;
1,000
260
"■"/
33
20
20
36
Feb
11
Mar
: 13
13
13
22c
23c
4.700
AlabasUne.—**--Tr*
8VB
8'/er
8%
515
Halcrbw Swayze ■ A—-j—*.*—1
Hulliwell Gold Mines—.*—*——1*
3c
:
Hamilton
Jan
9
6% Jan
'S'A
3c
Jun
5'Ac Mar
/ 5%
,'
5%
5% '
; 5%
1,000
,
393
6
87c
12,700
6c
6c
6,057
250
24 %c
27C
13,300
36c
40c
60
83c
1.29
Hurricana Gold
,
Mines...——
24'Ac
47c
1,511
36c
Jun
75c
Oct
16,600
55c
Oct
Hasfga .Mines ■ —**—-—A——.—Heath Gold Mines
60
56
Hollmger Consolidated Gold Mines.
,
10 %
10%
10%'
1.104
2.82
2.80
3.00
5,875
Oil.-
Home
;
.
Feb
Sep
Preferred
——
■-31%'
Erie common—.*-,*—— .100
i8'2
;
Inglis
iJohnt
........
1,185
82
82
23
18%
18%
520
.
Apr
5c
13'A
13%
3,677
12% Apr
11%
12'A
1,465
10'A
Jan
7%
7%
400
7
Sep
7'A
8
605
Jan
9
69c
6%
69c
1,000
21
21'A
105% 105%
225
10
99
104
105
50
97% May :
inspiration Min & Devel—.—1
21
—..100
15
Jan
A
preferred
...
100
——.
32%
33'A
1,927
28
Apr
35
International
21®a
3,510
19%
Apr
23
3%c
4c
2,500
33c
30c
33c
2,600
3%c
3%c
2,571
Petroleum.—*.
—•
J M
-Mines——J—A—*.—..11
3c
Apr
Jan
41c
Consolidated Gold Mines—^——1
Hudson
10%
10%
3.090
70c
70C
73c
700
30c
Apr
1.03
1.02
1,05
8,232
90c
Jan
.
.
Kirkland Townsite ........—*——-—1
120
12c
12c
1,000
10 %c
Labrador Mining & Exploration
i
Lake Du fault. Mines 'Ltd.,.———!
2.15
2.06
2.30
1.50
1.47.
1.62
7,902
8,430
80c
Lake
..—J
17%
18
GoldMines—*
6.05
6.20
1,050
15%
14'A
510
140
Shore Mines,
Lamaaue
1.51
Ltd--
:" 15%
Lang & Sons, Ltd
Lapa Cadillac Gold Mines-*— *—**4
Laura Sccord Cimdy
3
Lebel Oro -Mines —A..*———f
Leitcli Gold Mines. Ltd_4*4————1
10c
3,500
6VaC Jan
15%
170
13% Jan
3c
3c
1,000
1.22
1.22
1.25
4,800
9,000
—•
1,30
1.20
26%
26%
26%
25
25
Goldfields
25%
66c
72c
..—1
1.03
15c
.
72c
90c
Jan
21%
Feb
28'A
Jan
26
58c
40,350
1.60
Oct
Sep
Sep
3.85
3.40
Jan
July
2.95 Sep
MacLCod-Coeicsnntt Gobi Mines...*-—!
2.65
2.50
2.70
12,700
2.12 May
Madsen Red Lake
Mines.——!
2.15
2.10
2,23
12,575
1.60
Jan
2.42
Gold.. Fields—*
!.
Manitoba & Eastern Mines——.—*
3.30
3.25
Oct
4.25
Gold
Malartie
.
Maple. Leaf Gardens pfd—
Preferred
.
—
...
Red
7%
Jan
393
5%
Apr
2,175
4%c
9
350
21%
410
...20
19%
-7
.60%
...i
Mid-Continental' Oil
&
7
60
A
11:63
1.68
4c
—
Gold—...
'
:
7C
u—o
'
4C
13'Ac
-.1'.
,7c
61%
260
1.69
102
15c
21c
21c
9 V'a
34c
1.95
2.09
'3,060
18%
1,95
i.....
Modern
Containers
Moneta
Porcupine i.—,
..1
Montreal Light- Heat & Rower.,
..*■
common;
—.
18%
•
,Mporp Corp, common——
Mo'sher Long Lftc Gold Mines—
Muirheads Cafeterias pfd..
National
..
Grocers
Preferred
...:
Co
52c
107
7c
........
:
3%c Aug
12c
5,700
7c,
:
15c
.
5%c Jan
.
Jan
7a
20c
.10
59c
28
.20
II
230
466
20c
20c
2,000
33c
100
9'A
Jan
12
56
9'A
Jan
12'A
Feb..
29
18
85
.28
17%
900
79,700
59'Ac Jan
2.00
2.00
''
1.89
of
5,111
43c
8,249
Apr
15
-:
.
27
27
Malartie
Mines
/For
footnotes
see
18c
:
.
12
45
Apr
Jan
114'%
Sep
Apr
1.25
July
30
Aug
62 %e
67c
II,415
42c
47c
50c
9.300
47c
Sep
77c
18c
Aug
28c
65c
Jan
1.70
Feb
30'A
615
17c
17c
1.26
1.2S
1.35
30
30 »A
3%
3%
3%
450
14
14%
70
67%
68%
*
67%
common——...*
4,500
;'
19
75
2% Jan
10%
61
110
:'•••'
5
Jan
Jan
Jan
Jan
Jun
Oct
July
15
Sep
69'% July
68% Jan
77
Jun
1.25
Oct
1.94 July
2.45
2.53
1,085
1.96
Apr
2.90 July
25
16
—I
...—_1
—
16
2.04
112,577
16
.
15 %■
16%
355
_—..I
.3.40
3.40
3.50
5,635
47c
,47c
50c
7,650
110'A 111%
135
Gold
Mines
110%
*J_A_*^...l
1.05
1.05
100
100
B
.
24c
*
United
5
60c
8
1,665
7%
-
Aug
500
' 7c
5%
2.96
10
10'A
6c
19c
4.85
Wright-Hargree,">«
Girl
Yankee
—..*■"
M
Gold—*—*
19c
590
57%
Feb
70
21%
165
1.14
217,970
'
5
5
5
50
79
.85
490
2,00
23,850
15%
25
12
Mar;
1,465
15
Jan
18
,104
Feb
108
80c
85c
17%
,
17%
■
17%
V
107 107%
107
75
80c
.
Oct
94%' Mar
Oct
2.00
.
7c
40
69%
3,40
3.65
2,620
3%c
4c
2,000
Jun
2.95
156
•■
68
3.45
3%C
Sep
60%
320
Jan
4%
12,000
6%
Jah
Sep
15%
"
6
'
6'% Mar
Jan
•
Sep
1.14
Aug
..: 4'A July
198
6c
Gc
6%
,
21%
20% Mar
60c
Jan
5.45 July
70
Oct
79
'■
?
——1.
Aug
60c
15%
Winnipeg Electric common.^——•
Preferred ;
—a.-a—_—100
6"c
4.50 Jan
'
'
! 1
13% July
20%
Mines————!
—
Jan
57%
66
1.05
Steel Products
Wiltsey-Coghlari Mines
5'/a July
Oct
2.96
6.00
900
com—_*
common—_.A*—A
Oct
1.96 Jan
136,000
4.70
————100;
Malartie
3
10,400
2,499
Jun
7c
;,4%c Jun
408
3
4.70
*
Preferred /...-100,
Ymir
July
1.96
—4—**•.
Preferred
•
28
18
.11 %c
Oils
Ltd
Apr
Jan
1
Western Canada Flour Mills com—*;
West
24%
12
4%c
Wasa Lake Gold Mines——i
Western
120
110
■-3-
Waite-Amulet Mines,, Ltd——
Worts
Oct
8%
:
28
10
&
Jan
Oct
Jun
16%
2.67
■
Ventures,, Ltd.
Preferred;
6%
Aug
16'A
28
■
.4—
Walker-Gooderham
35
95c
Jun
16%
28
;
Uoper Canada Mines Ltd--..——-1
Vermilata
7%
Sep
Aug
101'A Aug
,
Mar
40c
Jun
1.15
Mar
15c
13
'
July
112'%
Jun
Jan
.
4.00 July
79jB
Jun
85
10,700
r_—
-Steel'
■
16'A
55c
17
Apr
90c
Oct
16
,7VaC Mar
Aug
.
110
1,000
16'A
56c
Oils
United
24c
16'A
4.40 Aug
Jan
3.20 Apr
28
*—._—.
-A
—
15
38c
300
100
A—
Trust:
General
20c
Oct
Aug
Sep
May
;
7% Mar
,
69%
Apr
"
3'/2c Aug
4.50 July
4'%c July
■!!
;i"i
'H
Oct
Toronto Stock
Exchange-Curb Section
Funds
Canadian
Week's
STOCKS—
Sale Price
2.80
Feb
Oct
5%
Oct
,17c
Oct
Shares
National Corp—.———*
Aridiari
22
22
20%
20%
35
20%
8'A
8y4
200
5%
17%
18%
89
89
&
,
Ltd
A
Columbia
Preferred
Brown J3o
•
—■
——
Pulp &
/
20%
*•
Paper com_*
—
—
common.—.————1
.
83
f'
—
2.25.
2.25
n^m^nion
Sugar.—
—*
22%
Aug
Canada
Vinegars
...
—*
9%
;
50
200
.
25
2.30
•
"U
1
Low
High
'
Preferred
4.50 Julv
32c
Range since January 1
Low
100
2.50
for Week
Par
75,800
Jan
Sales
Range
of Prices
Last
lie
Oct
Oct
Aug
12% Jan
5%
17c.
Oct
10
46
105%
185
111% 111%
3,320
22%
.
/
21
22%
90
9%
.9%
50
Jun
Oct
22
Sep
Jan
12% May
80
May
1.40 July
22
8%
High
23
Sep
14% May
28'%
•ftq
"
O'Lcary
25
Apr
Jan
8%
377
.145
4%c Jan
200
12,600
10
3,700
10
42
25
2.50
18c;
,14
40
,.
1,000
British
17c
14
14
July
8,450
,87c
Jan
92c
6c
50c
1.37
Oct
1.30
5,136
22,848
61c
1.25
67c
1.86;
2,419
v
5%c
Sons
1.67
1.75
70c
'.■1.16 Sep
6c
Corp
Oct
Jun
1.27
Beath
Sep
90c
61c
'111%
100
common
Mines—..—....
Cons
Asbestos
4
13'A May
810
.
75
60'A July
10c
Jan
605
1.05
15
;
66c
,
Jan
16
,15
90c
15
■■.
Jun
50c;
Mar
34c
Oct
4.45
Jun
3.15
ll'Ac Feb
10c
35c
22
Apr
3.40
Jan
3% July
Apr
73
,'5'/2
10c
Mines
4.00
2%
13
Jun
5c
2.63
2.50
-5
,
3.85
295
2'Ac Sep
500
75
Jan
2.50
1'
3c
675
63c
2.17 Julv
Jan
July
1.81 Jun
.
Feb
199
5"
2.76
Jan
62c
Sep
21% Feb
29% July
—A—/.——.25
48Vi
-
19% Jan
150
/
■
30'A
Canada
4 'Ac
6 'Ac
Jun
16
Oct
18
10
235
A—
2,500
57%'
62c
Hormetal
O'Brien Gold
Co
'
5%C
North Star. Oil preferred./,
Mines
10
Aug
3
Paving
1,035
56
56'A
Northland
59
13'A May
1.10
21c
52c
14'/2 Sep
22% Aug
-
Oct
98c
l,/'17'
Oil
—
27%
Apr
May
I,375
273
3c
Friday
,
7c
35c
18 %•
273
3c
27
July
28
:
A
Sep
,
1,500
15
18%
Feb
8,500
40c
19%
Oct
■
37c
2%
Apr
1214. 12'A
Aug
'27% .27%'
Chemical
Sep
10%
20c
6c
Jun
-20
'58%
2.00
Noranda Mines
Mining Corp Ltd.:
Northern Empire Mines
99c
Mar
20
,
Jun
1.25
Aug
52c
'
'Nordon
20
Apr
18% Apr
46% Jan
4c
14%
Mines—
May.
;
1.05
-5'.
Nipissipg Mines
36c
Jan
500
,
2.24 Oct
1.75 May
15
Apr
July
40%o July
l
;'58'A
12'4
1,7%
—....
.
55c
46c
Sep
Mar
19%c Jan
;
July
1.77 Sep
35c
18%
West Petroleum.—
Westons
63
.
'10%
58%
,
National Steel Car
Negus Mines
Sep
Mar
:
'«
common..
!
Jun
.
'
5
54c
May
9%
Apr
Jan
Jun
55'A'May
1.34'May
287,900
5,000
Jan
:
Mining Corp'
Oct
July
9'A Jun
'
3,000
.
,
5c
36,500
10,000
28,500
4%c
20c
22 %c
6%
10
500
:
'
'17c
21c
Gas—.
10
Apr
7% "Feb
700
7%
20c
—1
Oct
22
106'A 106%
.100
Jan
11c
21%
Jun
,
Aug
12 %c 12 %C
Sturgeon» a.————*
■
Mine5—
Gold
3c
7c
6C
-
21 %
1
Lake; Mines——
Graham 'Mines..'
McWatters
1'Ac Mar
596
8%
8'A
'
'
6c
/
;
—
McLelJan Gold Mines
McMarmac Red Lake
McViWie
8%
;■
common
Preferred
6,445
1,000
/'""
8%
McDougall-Segur Exploration
Mclntyre Porcupine Mines......
McKenzie
10
common—,
McColLFrontenac
.
3.50
2'Ac
10
10
-10
Maple Leaf Milling Co common——*
Maralgo Mines
.._..l':
Massey-rfarris
3.25
2'Ac
——
Sep
Jan
1
Class
Oct
4.50
Sep
750
20c
18%
United Corp class A
■
2,725
25c
500
37c
—.1
A_—_A_a
Union Gas Co*——
.
.
3.80
Mines. Ltd——1
Aug
6,000
16,966
21c
Towagmac Exploration CCo—*_.*..*!
'
Macassa
44c
28c
i4y8
Traders Finance B:>._*—
Transcontinental Resources - .-.a*-;.-/-**
July
78c
Sep
July
July
1.12
:
2%
Mines..
Toronto
1.45 July
22%
2.92
10
5%c ■5%c
1.*——
... ...
Malartie
Tobui-n
July
275
Jan
21c
26c
Thompson-Lund Mark Gold Mines.*..*
Tip Top Tailors preferred
——100
6%C Jan
Apr
14%
Jan
8.25 May
1,00
40
Tamblyn Ltd common
Teck-Hughes Gold Mines
Apr
16
Mines*.
Sylvanite Gold Mines—
Oct
Jan
35
1.30
*
2c
i -i
1.65 July
'
'
——....
6.75 Julv
9%c
400
28c
.—.A*——..*4—*,
Sudbury Contact Mines..
1
20% July
May
10,988
Stuart Oil preferred
Jun
16
15%
.Class "B""'...—
Louvicourt
Jan
6%
2.32
579
2^5
9.75
13
1.01
common——*
B
Sullivan
May
14
14
2.39
9.75
13'A
Feb
•
2.75 July
15.70 Jun
3c
—
Little Long Lac Gold Mines Ltd
Loblaw Groceterias class A—
3.50
3,150
10
Preferred
July
19c
Jan
10
18%
Standard
Steel
1.20 July
Sep
Mar
4
4.50 Aug
2.08 May.
Steep Rock Iron Mines—-——.- •
J.1% July
May
Gold
Preferred'
'
Kirkland: -Lake- ...**—.i/
89c
.
2,610
50.
Standard
Jun
80c
-
1.20
2.46
Springer
6'Ac July
8.75 May
10%
1
Mines
Bay
Jan.
—l
Kcri-addison Gold Mines..
Kirkland
l%c
1.15
1.15.
...
■
Gold,
South
6'Ac Jan
23c
-
Jun
A....—.a_-100/
/ Preferred
'
Jason.
7 %
Preferred
Sladen
Jan
Jucola 'Mines
Sep
4,355
:
"
*A July
,21%
'3%c
6
90c
Siscoe
Oct
32%
Feb
; 6
43c
Class
106 m Aug
21'A
1.64
6
:
3.85
„
Jun
International Nickel Co common....—*
1.73
Oct
1 /
Silverwood Dairies
.
,
Oct
75c
1'
■
25% July
106
May
93c
4,500
Simpsons Ltd class A
July
1.00
54'Ac Feb
4,200
A—*——/,*——a—I
Snerritt-Gorrton
7% Aug
/
20
Sep
,3.05 July
1.84 Jan
80c
Sheep
19
12
13% Jan
80
1.00
Shawinigan Water & Power..—..*,
Creek Gold Mines..
—50c
July
July
13%
;■
Oct
43/4
1;35 July
75c
1 '
San Antonio Gold Mines Ltd
84% Aug
17% Oct
.
Mar
93C
75c
Senator Rouyn. Ltd.—^a,——1
May
42c
.32
Jan
12
July
„
-
——4.,*———6
Preferred
Oct
A
Class
3,70 Mar
26% Mar
17'A
Jun
4
83c
2.55
Anthony Gold Mines—
1
St Lawrence Corp common——.*—.*
Sep
15'A July
13% July
International Metals common A——*
-
3Vic
.
.:.
Sep
26c
4,000
31 »A
13
May.
2.89
8,000
36c
31
/
82
Imperial Bank of Canada new——*A10
Imperial Oil ———**
Imperial Tobacco of Canada ordinary.5
'/Preferred' ——■*,.——
£1
4c
'34c
3%c
,4c
Howey Gold Mines-———.
Uudsbn Bay Mining & Smelting...
Si
,
17
200
1,200
3.55
St
:
1.9
1.04
'
'
Homestead Oil and Gas——
.'Huron
-
4%
1.00
Russell Industries common——10
Feb
64c
Oct
1
;44'/2c July
Jan
28c
Oct
10c
3V2C Jan
2.40
«
—
Jan
9c
7,000
16,975
14%c July
Jun
7c
3.40
Rouyn Merger Gold Mines
1
Royal Bank new A——..——.10:
Rovalite Oil Co.:
..A—./.A—..—*
Oct
6
Jun
38c
Oct
1.50 July
'
3.40
1
Roche. Long Lac
,
4'.'2c Feb.
7%c
;"
East Dome. Mines,
Reno Gold Mines
'
Mines—,—*————*
Marker Gold
7c
37c
Sep
101
July
1.15 Mar
2,500
17'A
Reeves-Macdpnald Mines
Jun
Bib
.' 4%'Jun
460
.
84c
6C
Hard Rock Gold Mines—————*
Oct
9C
62c
Feb
•
91
2,800
1.30
1.07 Jan
Aug
'
6%c Jun
4%
51
Aug
'2.40
...1
Queenston Gold Mines—
9%c Mar
2%c Jan
■
3,000
3c
45c
,
Oct
20c
'
.—.I, '
Corp of Canada——
Preston
Aug
July
'
1.20
"4%
Proprietary Mines —....a_———*
Purdy Mica Mines .■——.———i';
Oct
40c
Jan
1,800
100
1.01
Mining Co-..:—
■Pressed'; Metals; A.——-■.-/.--l"'
?
Bridge—.—*———.;——
Carpet
—„
Harding
.
5%'C: 6%c
17c
60c
100
Jan
9%
Jan
400
; 7c
Premier Gold
25% May
May
Engravers & Electrcitypers
Gold Mines...——
Power
Jan
51
;i0 :
51
"
13
22c
Lime &
Sep
6%
3'A May
57 %C
26,000
Jan
53c
Mar
,
12'/2c AUg
5,200
380
Rouyn Gold.——.—!
Voting trusts.—
■'
"
Ltd———1
.Gypsum
Apr
/-
-22
50c
Powell
7'Ac July
5%
45c'
:
9c
—l
Pioneer Gold Mines of B C
Aug
56'A
52% Mar
3%c
4'Ac
.
51
Great West Saddlery Co pfd_——-.50
Greening:Wire Co—————_—r~*'
Gunnur Gold Mines
Feb
5
22
—*
•;
84%
22
T-«
vtc
com
55%
7c
101
i5c
1 '
Gold Mines——1
Pickle-Crow
18 %c July
l'/2c July
13c
1.20
Gold
Photo
Mar
'4'AC
4'Ac
■'**■—.—-A 4'
Gold
Great Lakes Paper
95
/
6%
70c
May
»
Jun
7c
*
Credit Securities——.
—*
Mmes—u——.-A-I/.
Peoples
Perron
Aug
38c
7%cMar
104
3,000
43c
Jan
2%c Jan
15c
25 % c
40
60c
Paftanen Malartie
Apr
Hi Vic May
V
18,100
95
...50'
—
Graham Bousquet
.
,
3%c
Mining
10c 11 %c
3%c 3%c
54%
Gate
Goodfish
93
10c
Mining.——1;
Co —1
Goodyear Tire & Rubber common—.*-*
Golden
8c
2,500
9%
100
Paymaster Cons Mines Ltd.—
Oct
3%c Feb
13,000
II,200
4'Ac
28c
50C
Refining————... A
Porcupine Mines 'Ltd—Pandora Cadillac Gold Mines—..
Sep
13c
40c
14c
'•
Pamour
.10% July
Jan
5c
2,235
_*
Page Hersey Tubes
17% Aug
103'A
100% Aug
6.95
41c
41c
High
Low
41c
9'A
■'
'
Aug
Feb
103
Range Since January 1
High
■
July
7
Shares
Low
■
—
Crush preferred
-Pacilta'- Oils
A—
May
3% May
7T.20
Glenora Gold Mines.....————
Gold
10
Jan-
Par
Gold Mines—
Omega
July
91
8'A Apr
84
—u——_
Orange
Pacific
Power
Gatineau
for Week
27 %C
-
Oct
80c
iJan
4.70
Sale Price
'
Sales
Range
of Prices
Last
Jan
Lampard, Francis Si Co., Ltd.
(M-MC-TR)
Week's
Friday
-;
^
STOCKS—
Jan
15'A, Apr
,
50
15%
2%
Oswald & Drinkwater
S,R. Mackellar & Co. (TE)
Sep
5%
Toronto Agent:
Montreal Correspondent:
Toronio Correspondent:
Aug
•
88
Oct
23'A
160
7
39
Oct
69
260
86%
Jan
2%
;
6.00
Apr
27
2,810
86
— —*—.
Telephone—WHitehall 3-0852
Street, New York 5, N. Y.
Sep
Feb,
6
25,900
*—--J*.
Exploration,
Sep
Oct
3.10
20
*.
Gold Mines
Prancoeur
/.**—■
38%
.706
-Fleet Aircraft
Ford Co of Canada
11%
19
.
Member Montreal Curb Market
30 Pine
63 'Ac Aug
Get
Apr
.20
-
"Blocked" Securities
2.70 July
:
Jan
210
25'A
-
1:100
Jan
8
970
2%
19%
—-
w—i-—.
or
Engineer of Wide Canadian Experience Retained by Us
Willis E: Burnside & Co.
May
29
■
270
25 %
common—
—*
Jan
American
Feb
12'Ac
36c
I,240
1.
32c
May:
1.66
•
5
4145
3
Grain
Preferred
8%
4.45
Falconbrldge Nickel
5%
Jan
7c
230
-'.'Jk'
East Sullivan Mines™.—
Feb
Jan
3%
9C
6,700
————,
.
9%
235
17c
/
7
for "Free"
r
Oct
1,341
51/4
.1
—.
Commission Orders Executed in U. S. Funds
,
-
1,228
7%c
Easy
July
24
8
—v*
,..**.1
Eastern Malartie Mines-—--,—*
:
26% Aug
14
11%
,
Co—*—■*.—
OH
Crest
East
July
July
21% Sep
21% Apr
325
22%
' 24 "
High
9 'A
7
300
8
-14
,7%,
—25-
•
Dominion Woollens common.--..
Mining
Low
High
*
27
Canadian Mining and Industrial Securities
Range Since January 1
Shares
'7%
A.
_**
Dominion Steel class B_
Duquesne
2214
221/4
-35
—
Dominion Foundries' & Steel com
Dominion Malting
8
8
OCTOBER
for Week
Range
of Prices :
Sale Price
.
ENDING
Sales
Week's
Friday
STOCKS—
LISTED MARKETS
WEEK
FOR
RANGE
Dominion Dairies
1893
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4329
-
Apr
19
!
Oct
89
Oct
2.45
July
40'% Sep
Sep
Apr
10:'
Oct
23
■
Oct
1,
n«e,e* 1895.
J
THE
1894
1
Canadian Marconi
Consolidated
214
7%
Dalhousie
preferred
7l00
_
:
'if
25c
.
29%
>>.
1.05
1.05
1.15
15
10%
22c
1.01
Sep
5 %
30
1.45
19
Sep
ordinary
Preferred
12'A July
10
Aug
20c
22c
1,100
Jan
49c
20
300
19
Oct
25
Sep
40
355
20
Mar
40
Oct
7'Ac
7%c
1,500
1
15c
Oct
6c
11c
———
i
Last
'''
A
'
preferred
G'/a %
common__r—A
Algoma Steel
Preferred
—
—
———
Corp
90
Aug
91
Jan
13
97
20
89
Jan
98
95
85
Sep
98%
141
99 %
48
11%
75
20%
21
125
18% May
24
15
15
15%
100
13%
Jan
151'A
Mar
20
Sep
A—
160
160
21%
Jan
19 Va May
355
20'
19%
19%
Jan
8
1,099
2%
50
10%
■
1.85 May
25
2%
10%
|.
w*
Building Products class A
Bulolo Gold Dredging-
96%
172
20%
2%
Mills—
Silk
Bruck
$
160
20%
^
-
8
Jan
11 Va
Preferred
24%
24
Scotia
New,
Jan
Canada
Steamship common
5',A preferred
•
—
common
21
14:)y4
15
10
10
9% May
12
^
701
9
Canadian
Aug
10%
360
9%
Apr
12%
63
31%
Jan
40
7%
1,160
43%
358
38%
5%
Jan
Jan
41
6
8%
39
& Paper
Pr
common—
:
Ltd
Co
Paper
&
655
8
Apr
100
25
Jan
28
42%
42%
70
36
Jan
153
153
25
■
*
;
141% May
32
32
165
24%
Jan
5%
5%
j
Sep
"12-4
L
4
«-.~0
6
120
5%
29%
30
330
26
Sep
14%
15
440
14%
Oct
15%
14%
Funds
,
•
3%
47 %
3
; 3
3%
265
6
6
70
22%
22%
22%
.24%
24%' 24%
25
2.30
3,625
,
38%
Feb
Jan
7 Vi
Sugar Co-——*
67
27
Jan
74
Cassidy's
10%
Jan
14
v
1,283
12%
11%
Jan
14
39
150
1,096
Jan
32
210
27%
Jan
32%
37
29%
Feb
38
37
860
33%
Feb
135
23%
Jan
31
12
565
11%
Oct
14
8
802
4% Mar
10
22%
5
Chemical
•.»
common
Electrolux
——
24
22
24 Va
125
Apr
1,190
Apr
10%
320
Jan
170
104
72
73
35
68
8%
50
110
I—1
12%
13 V4
25
Apr
Ford
74
■
preferred A-
—_
'
#
9%
10
May
Oct
251
145
172
8
167%
Jun
2
2%
150
1.85
Jan
4%
50
102
Bridge
Smith
8%
75
100
Preferred
lido
:
Imperial Oil Ltd
Imperial Tobacco
Preferred
•
5%
10%
75
19%
676
Apr
9%
Preferred
■
;
—
—
&
Preferred '
10'%
Jan
13 Va July
12%f
1,126
•7%
1,020
26%
55
99
-342
96
Mar
100
200
12
Jan
18
Preferred
——————————
Mar
29
100
22
Jan
33%
549
28
Apr
21%
95%
95%
19% Apr
21%
455
22
60
20
Jan
110
15
106
Mar
-
26
26
10
15%
15%
70
60
2
'
A
llOO
preferred.
W)
(C
8%
192
7
7%
590
20
20
—
^
Car
A^»'
'
Jan
23
Cor,p...._
—.
9"
.
~25
9
_
'
Jan
1
16
Niagara Wire Weaving
Noranda Mines Ltd
Thrift
5%
25
3%
Jan
9%
1,175
7%
Apr
2%
145
24
205
20%
4,065
8
'6%
Feb
9 %
9%
Car
Lt
Jun
16
Jan
27%
18%
Apr
Jail
46
Sep
17%
1,670
13% Jan
18
July
24
75
15%
Jan
26
56%
57
280
48%
Jan,
60
July
July
Corp
of
Quebec Power
210
8
Cocbenour
Dome
Jan
31
Aug
8
Jun
9
12'
May
14
Feb
7% Mar
11
,
Sep
Jan
9
'A AUg
Jan
33
Jun
5 V*
24
2
8%
13
35
11
60
50
99
5
100
3%
690
Jan
103% Oct
Feb
18%
20
2,726
13
Apr
22
May
.62
375
4 6'A
Apr
65
Apr
26%
20
Jan
33
Oct
30c
Feb
50c
Oct
45
Feb
47%
Oct
Oct
738
13% May
16
Jim
Aug
21%
21
21%
■■ 2w
'•
t
Ltd
1895.
t
35
8%'
1,370
Aug
1.50 Mar
2% Mar
7'A
Jan
«% Mar
10
Sep
25c
Sep
12% July
25c
.Sep
40
250
20
20
250
250
10»A
Oct.
10%
46%
Jan
59
'
Oct
60
Sep
"
'
4%
*
:
n':
5
34
5
50
29%
460
■
,
27%
J 94
94
.
,
10
;
19c
21c
5%
5%.
*
Apr
Sep
32%
Oct
98
Sep
S'% Jan
Mar
5
106% Muy
Sep
I7c. May
Feb
May
J
6V4
Jan
July
103
2,706
39
92% Feb
5
•
-
•
.4%
15
5%
5.%
103% 103%
22
100
Jan
Oct
20
Oct
5%
3'A Aug
91%
10
Sep
20
;Oct
20
15
97
-34-
1.75
Oct
1.65
850
5V*
97
'34
—'
28
,30c
Mar
■-
-
-
''
(
25
5%
Oct
6%
Jan
94
4%
Jun
6
Oct
3lc
July
July,
6
6
20c
20c
3,500
3c
4c
7,000
39c 41V2C
3.9c
■
Quebec Gold, Mining
Gold Mines
25
15
Feb
Oct
142
4
128
Feb
142
Jun
5
109
Sep
110
Oct
Steep Rock •„2:
Sullivan Cons Gold
9%
55
Jun
11
Feb
1
Wasa
Corp——
—50c
Jan
Jan
5c
Oct
69c
100
,
5%c, Oct
,7%C
7%c
1,000
6c
6c
6c
500
5c
5c
,5C
5,000
2.80
,
2.80
100
25
25%
"200
.
2.10
f-
"■
s
60e
60c
■
4c
8%c
2.10
8
'Ac
2.10
500
200
4c
500
•••
,
25
1.75
3c
Jan
July
July
J
30% July i1
Apr
8%c
5,500
2,10
200
38c
2.40 Jun
Jan
80c
'
7
Jan
1.51 May
15%
Feb
18
80
3,300
1.38
1,000
7c
..Jan
Jan
'
July
6c
Jan
3c
1.85
9c
10
Oct
1 Va c
Ben
'
July
15c
Julv
3.50
July
20% July
4.35 July
15c
July
4.75
4.80
1,975
3.40
Jan
5.00 Aug
2.40
2.40
200
2.00
Jan
3.00
Jun
55c
55e
1,000
35c
July
55c
Oct
63c
t>3c
3,200
42c
Mar
1.25 Jul v
Oct
4.35 Aug
Oct
1.95
July
Aug
1.10
Oct
"*
2.90
2.99
2,300
1.26
1.04
:
,
3.25 Sep
Oct
1.71
9c
July
13'Ac July
,
1.75 May
,-18
1.72
15 Vac
Jan
%c Jan
2 V2c
10c
■
60c
f,7
7.
1
100
2.10
2.10
4c
2
Aug
2.60, July
1.10 May
500
——*
Lake Gold Mines—
■
2c
7c
——1
——1
15c
39c
1.55
1.55
Ltd——-1
Mines Ltd
4,600'
.,7c
.
—A-r-*
1
Exploration-—T-1
1
O'Brien Gold* Mines^Ltd—
2—1
Pandora/ Cadallic Gold Mines -Ltd——1
Pato Cons Gold Dredging.Ltdj—1
Pickle Crow Gold Mines Ltd———1
110
8%
301
107
25c
1
Mines Ltd—
9%
—
106
22% Moy
Jan
Jan
1.65
Corp Ltd
Labrador Mining &
Lake Shore
'
m
19%
103 Va
:Jio%'io%
58%'".'?. 58%' 58%
Mines Limited———
20%
21%
23% July:
Jan
18
5
2%
8%'
,*
Mines Ltd—
Siscoe
20
47
-25C
6'A-cum pfd—100
*
—2—*
2———i——^
*-i
142
—
18
610
A
10%. 11%
'
common—*
110
-100
1
Oct
21%
:
Oct
Jan
50
22
1,65
Gold 'Mines Ltd—*
Knife Gold
A* \
Consolidated Gold Mines Ltd.__l.
Joliet-Quebec Mines Ltd_^-i———1
Jan
15%
•
Jun
16%
,
Oct
15
Jan
4
23%
M9%
preferred——*
J-M
Oct
61
15%
25
47%'
3% July
40
—2'
preferred—250
Fraaeoeur
104% Sep
3% July
2%' Mar
18%
■
800
50c
.
July
10
Sep
3
Oct
Oct
Feb
5%
40
10%
——
Giant Yellow
Oct
5%. Jun
3
com.
Power
Sep
13
21%
vtC—r*
Jun
102% 102%
.100
6Gc
Jan
20%
:
Mines Ltd——1
Wilans Gold Mines—
East Malartic
Jun
19
10
102%
*
;
Mar
10
20%
———10
Cartier-Malartic Gold Mines
Mar
835
13
»ioa
Sons pa'eferred.
page
9
6%
103%. 103%
^*'
Jan
10c
21%
11 10G
—
Central Cadillac Gold
5% Mar
29%
103%
Ilia
Williams of Canada
Sep
3
^hawinigon Water & Powar_, •
Jan
-100-
preferred.
For footnotes see
Feb
7
Z100.
Lawrence Paper preferred
Canada
4%
60
11
Saguenay Power preferred—
Lawrence* Corp commons.
&
25
8%
—
6c
Prefeired
5
8%
27'A
28
9.
Paper preferred
A
Feb
6%
•
—
Knitting common
Holland
.23 Va
5
Provincial Transportation
Regent
388
25%
6%
Canada
Ltd common
26
8%
5
Bros & Co
Jun
5
21%
21%
Exploration —i-:
»—.2^-1-,
Beaufor Gold Mines Ltd^:——;—
Bouscadilluc.Geld Mines Ltd—.——,+1
37 % July
40% May
8%
1
1,660
22
Bear
22 Va Aug.
33
25
Power common- .100
Aircraft
Ht &
Jan
4
20%
•
■'*
Ottawa
12
Oct:
4
22 Va
Mines ! Ltd——:
Aubelle Mines
j
Ottawa
225
525
47%
•
Jun
43%
25%
3%
25%
50c
47%:
Ltd-—-r—,
Aldermanic- Copper
Jun
Apr
17%
,9
Ogilvie Flour Mills common
2%
.A
Mlnese-
Jan
37%
;
Vh
—
„
part 2nd
Stores, Ltd
Feb
65
17
'
36
36
Windsor Hotel
26% Aug
Oct
43%
36%
'
14
Jan
Sep
Mar
10
Mar
878
37%
Oct
28 3»
75
30, 32%
Co—...
Investment—
Southmount
27%. Feb
Jun
13
60
22%
113
24
,4—
13 %
20
30%
Paper——-*;■
Co————-—*
Grain Co Ltd
Oct
56%
^
common..'
2
1
24
...
—
Breweries
Steel
8%
7
Montreal Lt Ht & Power Cons..
Preferred
8%
—4—
175
17 r
•
25%
Ltd common
tnew')
Sarnia Bridge Co
Arno
Oil
(Robert)
60
—
<r
Massey-Harris
McColl-Frontenac
14
3
10C?
Southern, Canada Fwr
23% Aug
22
...
28
9
20%
Ontario
non-cum
Reliance
Oct
Apr
108%
Lake of the Woods common..
Lang & Sons Ltd John A—
2,927
5
25%
Quebec Tel and Power Corp *"A"——*
.: Preferred' „——-— ——2———,
Jun
Jan
22
21%
29
35 Va
6%
Oct
Sep
14%
14
110
*
7%
27
76
2,070
95%
lido
8%
2%
prcierred (new)—.. ———
Corporation .Ltd—-———~*
Oct
20%
International Petroleum Co Ltd—
51
9
Noorduyn Aviation Ltd.—————1*
Power Corp of Can 6%
cum 1st pfd 100
Jun
18
Jan
7
21
33
i
3,550
13
38
—
15'A July
28%
•
45c
7%
20%
—————
&
preferred
2nd
Moore
Sep
Apr
33
International 'Power common—
111%
12%
98
-100
—
106% Mar
18
International Paper common- ZZib.
300
36
com..——*
Co
fisev-Harris
1st
Oct
26%
ZZ25
4
'
P—————*
Utilities Corp
John P
St
Minnesota
Jun
20
487
■
Int Nickel of Canada common-—_
4
13%
Limited—-—*
Montreal Island Power
Jun
13
Jan
1,020
International Bronze common
Preferred
6%
Jun
13%
111
—
«
May
:10
7%
^100
-
-
10%
*
,
Aircraft Ltd————5
Ltd
————,—*
Ltd A
*
Preferred
Oct
Jun
11%
'26%
Mav
Feb
2
13
•'4.——————-*
Melchers Distilleries
17% Aug
103
13%
£ 1
Industrial Acceptance' Corp common:.4
5
975
40c
Ltd 5 7c pfd—A;
.100
McColl-Frontenac Oil 6'A preferred.
13%
11%
of Can common
——-
Aug
4
5V«
MacLaren Power & Paper
110%
'
—
13%
•
-
Jun
57
4
:
Paper Co Ltd———
International
Lake
July
Aug
5
45
5%
18%
—
J-*" " '~!_
common
67%
Jan
28
Aug
10
6% Apr
10%
5%
—
Paper
Jan
47%
10%
& Linoleum—.—?
Montreal: Refrig & Storage cou>
Hollinger Gold Mines————— Zls.
40
10
,
4%
7%
—■——,———
Companies,
Jau
7
25
46
53 %
"2% Mar
4%
2.50 ;w
27
90
11% Mar
25
8%
8%
46
Jail
174
•;
Oct
4
Jan
99
Mav
Sep
Jan
85
485
15 Va
15
102%
*
51% Aug
110% Feb
166
AUg
Sep
109Va
—*
:
14%
Jatt
8%
460
87
is
:
llOO
Gypsum. Lime & Alabastine—
Southern
Jan
74
38
4%
Ltd——.———*
Inter-City Baking Co Ltd—
.—100
International Paints 5'A preferred—20
July
23"% Mar
86
•
preferred—_ Too
General Steel Wares common—,
H
43'A
20
53 Va*
Hillcrest Collieries
Feb
9
8
10
5 7c
Simon
Oct
170
Motor of Canada
Fraser
110% Sep
Apr
6% May
300
25
;'
Canadian Corp-—
Gatineau Power common—
Sherwin
Sep
23
133
Aircraft
Fleet
9% July
12 Va Jun
110
Fairchild
Ma
Class
40
Jan
26% July
7%
8%
—
Corp
Apr
10'%
.
a
Famous Fiayers
17%
July
24
_Too
Dryden Paper
St.
May
74
'■r2
P^per Corp Ltd 2—— «.*
Woollens
Dominion
Jun
'
7%
7%
—25
—
Preferred
Drice
31
20
41
—.———t
Sec preferred.
Oilcloth
Dominion
July
Dominion Textile common——
Power
280
A
50
Co
Dominion Malting
Jan
8
Steel_^_—
Dominion Steel & Coal B—
Tar &
29 %
11%
22%
Foundries &
Aug
2.40 July
41% Mar
8
Preferred
Jun
110
Engineering Works Ltd—*
Dominion
Oct
29%
11% V
Sep
27 %
Apr
161
common——w
common
Products Ltd-
Consolidated Div
Oct
25
Ltd
Limited
Knitting
Consolidated
55% July
36%
4v
common——
23 Va
Jan
110
Ltd
:
'—*
—
Chateau-Gal Wines Ltd———
Claude Neon Gen Advt common——*
July
12%
51%
*-
C&»al preferred-—-— 35
Mar
1.55
8
.
Donnacona
Dominion Dairies
20
160%
pfd
—————.*,,-100
Westinghouse Co Ltd
*
Food
Catelli
Celtic
Sep
July
—
Dominion Briuge
Oct
370
38%
22%
110
———100
Company-———1.00
Vickers
cum
Canadian
6'A July
100
12 %
36y2
Sep
4% Mar
23
,
74
preferred —J—.-,
7'A
6% July
5%
31%
-
—!
50-%
Jan
6
50
Wire &
Canadian
Jun
67%
50%
.
4% July
Apr
Apr
2%
325
-22%
38'A
.100
27
755
49 •
2.20
2.20
;
& Dominion
Canadian Marconi
July
35
36
»
*
2V4
2,865
3'A
i
High
Low.
3%
1
Range since January
Shares
47 Va
:ioo
common—
—————
for Week
High
—_
—
Sales
Week's
Range
of Prices
Loto
Cable 6%
pfd_—100
Canadian Industries Ltd class "B"—"
Jun
45.,
154
5
11%
*
'
•
—
——
Oct
30
Malting Co Ltd
—A———*■
Northern Power 7% pfd—100
Canada
Feb
5%
•
National
Oct
Canada
10% July
26%
j.tn-kA
Crown Cork & Seal Co
Watmuai
Sep
Canada
Canada
Feb
67%
Plow
Distillers Seagrams
Mitchell
18%
B_
Co
Preferred
Aug
107
10%
:
Glass
Jan
Feb
107
9
-
i
Consumers
Lindsay
Oct
Sale Price
'
Jun
26%
I100
Cousoiidated Mmrng & Smelting
:
15%
.10
new
Brown
Mar
45
26%
Locomotive
Cockshutt
32%
25
107
,
Canadian Pacific Railway-;
.
478
American Oil Co Ltd—.—,
Columbia Packers .——A,
British
Aug
107
common
Alcohol common
B
Howard
16%.
Sep
—
Brandram-Henderson Ltd
Feb
37%
38%
107
Investment
Foreign
Ind
Hamilton
OCt
15%
15%
•
Jan
5
9%
—— — — _
Canadian
New
18%
—
preferred
6%
July
6
7%
—
■9
Dominion
Oct
.10
Power
Abltibl
Bathurst
Aug
37%
1125
Celanese
Dominion
17%
Jan
Jun
43%
7%
,'
llOO
preferred
Dominion
200
'
prcierred'
Class
Apr
12
6
•
Bronze
Canadian
18
10%
Canadian Car & Foundry common-
7 A
18%
Par
117 % July
25
10
1
—
Preferred
New
19
18%
STOCKS-
Jun
14%
^
Canadian
103 % May
57
9%
110
.
m
Preferred
Canadian
Jan
20
6
™50
Breweries common
Canadian
6%
500
834
20
*
.
15
Sep
Last
20% May
~
_
15% Sep
Sep
18
Friday
20% July
Jan
'
—
Sep
14%
25
Canadian
Sep
15'A
115% 115%
:
—
'
Power i.—
Northern
14%
350
14%
Montreal Curb Market
Jan
15%
corn- -100
new
pretcrred—
Canada
50% Feb
431
.10
Royal new
Jan
3%
11
235
—
Foundries
Iron
Canada
*
19
;
——
Jun
3,320
^
-
48% Sep
$4,000'
Oct
.10
Oct
160
19
8%
#
A—
——
69%
15
14%
July
18%
—
,
—
Canada Forgings class A
.15
62
Oct.
July
7% Mar
19
Oct
18%
■
■»
Cement common
49'A
21%
Sep
Jan
.10
British
Canada
105
15
101% July
18%
■
Z15
69 "a
oct
19
Mar
5
'
Oct
"n
Jan
17
761
68
16% Mar
'
—A—i——
B
Class
20%
25
700
6%
14%
A
—,
Jan
95
99
11%
20%
Power Corp A—
Columbia
British
Feb
6
.10
Apr
A
'
57%
18% ' 18%.
'
Co of Canada-,,—— :ioo
Lt & Pwr—__g
Telephone
Beil
68
21%
190
11%
Sep
11%
Jun
96
Soo
Brazilian Traction
Jan
Oct
9
A
•'
Paper class
Power &
BathUrst
5'A
Jun
90
671
96
——
—
11%
91
11%
Amalgamated Electric Corp—
Asbestos
Jan
90
11%
90
—100
of Can pfd
Aluminum Co
5'A
525
11%
100
Jun
5% July
High
11%
*
Ltd
Aluminium
IlOO
Nova
Range sines January 1
Low
9%
8%
.
Ltd common—
Works
Glove
Acme
for Week
Shares
Feb
,67 Va
21%
.10
——————
Montreal new
High
3%
12'A
Jan
25
■>
>.
new
Imperial
Sales
Range
■«;
Commerce
Dominion
of Prices
Low
Par
10%
4
"49Va
Canadienne new
Funds
Sale Price
6TOCKS'
11%
notes————
Power
Montana
Banks—
Week's
76
11
4
Bonds—
Mar
Montreal Stock Exchange
Friday
69% Aug
II
.
—100
Preferred
.
Canadian
69
1
Electric common————
Winnipeg
Jan
19
40
——
Ltd
Wilsils
6
' '
common-—_100
—A
0
*
Walker G & W
Hiram
Feb
Jun
13
107
74%
.
—,
.
.A-*
...
68
.74%
,
11
—A*
Corp.———.
Viau Biscuit common—
Apr
—*
———
-
—
Feb
Jan
68
63
68
-25
„—
Range since January 1
Htgn
LOW
Shares
High
Low
,J>
common...
——
Steel
United
July
■
40
—
Mining
Temiskaming
Jan
Canada
of
Tocke Brothers ,j.
Mar
41c
Co.
Preferred
Sep
81
19
Southmount Investment
Siipertest Petroleum
Aug
24%
1,240
11'A
1
—4—
—
10%
Jun
Sep
750
17
..
Aug
2
60
Steel
Sep
9 Va
78
40
Gas.;——-
2%
25c
2%
Ontario Paper—
&
75
29%
——
Lake
25c
17
Bridge Co——j.
Oil
Minnesota
30
Oct
5!4 Jan
1.50
200
2%
*
Foothills
&
80
•<.
29%
'
4—4
Dominion
Osisko
.
0
Hayes Steel
1,857
——
—
Aircraft
deHavilland
8%
25c
:
_
7%
■>
,
—
—
Sand
Consolidated
.
2%
80
■'
.
Par
High
Low
for Week
Range
of Prices
Sale Price
Range since January 1
Shares
High
—
Paper
Last
Low
Par
Sales
Week's
Friday
for Week
of Prices
Sale Price
STOCKS—
OCTOBER 37
Sales
Range
Last
WEEK ENDING
FOR
6TOCKS-
Week's
Friday
4-
LISTED MARKETS
CANADIAN
RANGE
1944
Monday, October 30,
COMMERCIAL & FINANCIAL CHRONICLE
L28
2,900
1.00
1.10
6,700
2.90
1.26
70c
!
Volume
MARKETS
OVER-THE-COUNTER
I
Quotations
for Friday
Oct. 27
For
investing Companies
7.07
7.06
3.81
1
1%
Affiliated Fund Inc__
28.48
Series
B-3
15.38
Scries
B-4
—
>—
14.18
6%
6%
Series
K-l
14.74
15.85
Series
K-2
17.85
A Common
Bond
Inv
Shares
—10
of America—;—
Tr
——*.6
Broad, Street Invest Co Inc
5
Bullock Fund Ltd———-1
Fund Inc
Boston
Series
107.28
S-3—
Series
5%.
5%3.70
102.99
17.99
29.73
15.82
——1
—,
Industry
S-2——
S-4——
Knickerbocker
Fund Ltd
Inv
3.25
1
Fund
Loomls Sayies Mut Fund
Loomis
17.34
Christiana
Sayies Sec Fund
Mass
u'-.
(Colo)
Howard—
6.45
-s
22.33
19.48
1.87
6.09
10
A—1
Fundamental Invest Inc
—2
Fundamental Trust Shares A„2
B
—•
General Capital Corp
—
Genera) Investors Trust1
10.25
Fixed Trust Shares A
6.02
55%
National
10
17%
19%
58
60 %
5.40
5.99
Automobile
__io
37%
40'%
National
12.94
13.94
Baltimore American——2ya
Bankers & Shippers—.
,„25
6%
7%
10.46
11.50
6.79
7.47
10.09
11.09
City of New York—
9.89
10.87
Connecticut General Life
7.55
8.31
8.24
9.06
series
;
—,
;;
.—
stock
———
—
North
Amer
5.54
7.13
7.84
shares—
6.82
Plymouth Fund Inc—
Putnam (Geo) Fund--—I—
Pacific
15.29
Inc Shares—.
Quarterly
10c
7.73
8.43
1
3.37
3.70
93.80
6%
87
100 %
95%
51 y4
87%
10
—10
48%
5
12%
137/«
Providence-Washington.——10
Reinsurance Corp (NY),——.2
Republic
(Texas),
,,10
37'%
6%
29y>
Phoenix—
Preferred Accident
-
83%'
11%
12%
Revere
10
22%
24l/2
St Paul Fire & Marine new„12V?
68%
5
48
51
Seahoard Surety
45V4
33%
155
60
64
10
89
93
17%'
<
45%
7%
8
Rutgers Fire Ins.
Rights
26y4
82%■
29%
IT S
—.—10
(expire Oct 27)
Travelers
27%
78V2
American
Standard Accident.
9
24%
com,
—
Fire—.
—10
Security New Haven
—10
Springfield Fire & Marine
25
19%
43 y4
10
—
(Paul)
U S Fire
8
27%
10
25%
—10
98%
Hartford Steamboiler Inspect—10
Home
8
41V4
44y4
27%
47%
35%
125%
120
34%
37%
25
—
—100
—
23%
71%
1
522
537
35%
Fidelity & Guaranty Co„2
37%
29%
———
Fire
4
—
U S Guarantee
% 103
46 %>
,10
—
49
74
29%
——2.50
Westchester Fire
•
69
32%
95.70
10.11
12.50
————25
52
149
8
preferred
Hanover
,
23%
6y« "
82%
___8
Newark-.-
&
Great
58c
13%
21%
5
35
4%
27%
21%
& Republic
2.42
53c
14.22
30%t
47V4
12Va
5
of
Globe
2nd
.
20
Fire
Globe
''
'27%
44%
.
—2.50
——
62%
58%
48%
.10
Glens Falls Fire—
■
River
27%
Indemnity Co_
10
10
Hartford
11.03
Republic Invest Fund
—
—
Scutlder, Stevens & Clark
•'
Institutional bond shares
9.97
10.46
r—
6,33
6.96
Sovereign Investors
Low Price Shares,:—.——
5.82
6.40,
State Street Investment Corp
Merchandise shares———-
6.80
7.48
Super Corp of Amer AA
Mining shares—0—
4.79
5.28
Trustee Stand Invest Shs—
5.69
6.26
3.75
4.14
4.24
4.67
4.36
4.80
—
32%
—30
General Reinsurance Corp
Gibraltar Fire & Marine
■
2.73
1
7.61
-a
Fire
Firemen's
2.84
'
10c
9.08
Investing
Pacific
Franklin
!
2.18
—1
—
6.92
:
Northern—
27%
Fireman's Fd of San Fran
6.03
8.43
36%
•
8.26
bond shares—.
44%
25-ls
Fire Assn of Phila-
6.21
Administered
41%;
Employees Group
Employers Reinsurance
shares
Trust
1953
Industrial Machinery shares-
General
Northeastern
Fidelity & Deposit of Md
6.19
1
5.03
North
7'/2
25%
10
58'/4
62 %
177
167
10
20%
7.08
7.66
6^8
—S
18%
10.49
5.53
59 %
2
Fire
\ 56%
Federal
-
Casualty-
Continental Casualty
5
Crum & Forster Inc————10
,•
30%
28
,20
Fire—,
Hampshire Fire,.
New York
'
10
10
9.39
.
——
Series 1958
10.43
4
__10
8.94
—;—-
—-
New
22 Vb
49%
6%
4'V4
4
New Brunswick—
625
46%
5%
__S
Y
N
2
Union
20%
81'»
72%
(Detroit)—10
Casualty
Amsterdam
New
84Vo
600
5
6.43
North Amer Bond Trust ctfs——
7.42
9.49
Fire__
11.04
——
79J/2
100
Camden
8.13
Railroad equipment
8.41
5.64
Boston
8.54
stock
6.70
6.75
<
——
10.04
equipment-
6.09
——
Food shares—,—-—
Fully
Fund—
England
1
Equipment—i—
Electrical
—
Series 1956
shares
Chemical
—
„
„;
8V4
8%
69
12 Va
National Liberty
7.54
7.65
shares
39%
7%
1
National Fire—.
25
6.86
shares—.—
Automobile
Aviation
36 y4.
,,
5
;
—
Surety—
Series 1955—
Building shares-
52%
20
Y
—
Fire
Ins
Reserve——
Railroad
Group Securities—
shares—.
10
90%
Merchant Fire Assur
Re-Insurance
Series
Agricultural
12%
15%
American
Steel
5.59
Fire
10%
14%
American of Newark
American Equitable
9.54
5.67
30.89
Mfrs
Mu'inrch
16%
__2%
American Fidelity
6.85
American
Machinery
25.07
34.31
Merch &
I—8
5.28
88
Bonding-.
American
Insurance
4.55
—
Massachusetts
7.55.
Metals
4.91
11%
—
14
10
a
Casualty
8.36
—
series
4.45
22.88
Maryland
& Casualty_5
7.81
6.15
-
Knickerbocker—
23%
12%
18%
4.76
—
series
73
21%
3.83
Electrical
■i;
3.85
Trust Shares
Foundation
American Casualty—
69%
10
7.56
Bank
2.05
5.45
——•
23
—
3.37
stock
Aviation
20.98
Fund, Inc-
Mutual
±.
Alliance—
Chemical
41%
Trust Fund—-8
Fund Inc-
Financial Industrial
First
American
7.10
stock
Automobile
.
Fidelity
Agricultural
8.68
series—
Agriculture
14.64
40%
pfd——1
Equity Corp $3 conv
1.46
8.03
New York Stocks Inc—
23.98
13.64
J
-I
Fund—
Stock
Jersey Insurance of N
1.33
„1
Building supply——
1.40
.
Fund
Balanced
39%
6.87
New
1.27
37%
.—25c
priced bond series
Stock
5.65
10
Life
Fire—
Insur Co of North America
Low priced stock common-
Low
19.75
3.80
52%
Preferred
4.88
—
3.83
•
series
Industrial
140%
49%
Homestead
Ask
—10
132%
10
—
Bid
Par
Ask
10
Aetna
Securities—
shares-.
Bib
Par
Aetna Casual & Surety
Aetna
Security Series-
Income
,
-18.27
Eatpn &
12.28
voting shares
Bond
2,79
2.79
-
-
11.24
National
2.30
1
—2.50
Shares—
25c
D
11.77
2.30
—*
Dividend
10.95
Inc— _10
Fund
series B
(Md)
——
—-
—1
Insurance Companies
581
1
23.07
National Investors Corp
Diversified Trustee Shares—
O
Invest
Nation-Wide
,
Fund-
5.33
22.01
Fund
2d
10.03
9.12
,.JGc
2.52
'
—1
1
1
1
'—
Accumulative series
Series AA mod—
Series ACC mod-——
Cumulative Trust Shares
A A—
Delaware
Investors
Mutual
46%
44%
Bell Teletype NY 1-953
DIgby 4-4950
41.40
:
40.57
10
10c
-
Mass. Investors Trust—
5.48
5.04
1
Trust Shares
Corporate
144
139
——
Tel:
97.60
95.55
•
Maryland Fund Inc—
-
100
Commonwealth Invest—1
Consol Investment Trust—---1
Preferred
Series
3.85
•
29.15
10.55
1
9.75
Securities com—100 2,580
2, 680
—
40 Exchange Place, New York 5, N. Y.
6.71
Manhattan Bond Fund Inc—.
31.35
Trust
Century Shares
Chemical Fund
Members New York Curb Exchange
5.26
6.12
—.
19.34
.
11.50
4.74
—
32.14
Common
Canadian
14.57
10.43
—
27.01
13.25
-
Members New York Stock Exchange
24.41
24.58
,
Series
Nat Investing—
Bankers
Real Estate Bonds
ShasKan & Co.
19.58
22.19
-
—_.
Series S-l
Basic
10.47
on
20.50
'9.53
B-2
Series
Foreign lnvestlng_10c
Oil Shares—.
2
Assoc Stand
29.58
18.69
B-l
Scries
' 3.54
Axe-Houghton Fund Inc—_—1
American
29.84
26.94
Quotations
Ask
Keystone Custodian Funds-
4.17
28%
20%
Holding Corp
10
American Business Shares——1
AAmerex
Bid
Par
Ask
Bid
PftJ
Aeronautical Securities
1895
THE COMMERCIAL & FINANCIAL CHRONICLE
4329
Number
160
Fund, Inc—
•
-
Selected Amer Shares
--2%;
'
Shares——_T
Selected Income
.4.22
.
6.14
Recent Bond Issues
6.72
44.75
1
—.
47.75
'
shares———-
Petroleum
Railroad
shares
RR
ASeries
;
Tobacco shares—
Utility shares-
Arkansas
D—
.—1
5.80
ASeries B—i
-
6.32
1
4.79
Trusteed Industry Shares,—25c
4.68
5.16
Union
;——
Fund
Bond
C
series
B—
Series
42c
—J
Bid
Ask
Narragansett
"102%
1003/2
Jersey
New
101
Elec
Orleans
Public
Ask
104
104%
104%
3s—•—__1974
Pow & Lt 3s„ 1974
New
Union Preferred Stock
1.46
1.60
22.31
23.99
2.29
shares-—,—
105 %
Service
1.05
1.10
Stock and Bond Group shares-
12.15
13.32
America—10
25.56
27.78
A Blair
&
—-1
13.09
13.38
A First
Boston
Investors Fund C
85c
26.17
Conn
23.46
Emoire District
9.00
Florida
7.71
Florida Power &
21.51
19.68
Fund—
Commonwealth
17.25
•
«-,
105
100%
100
100%
101%
101%
Public Service
1973
105%
106%
107%
108%
.96
,
——
96%
Gas & El 3%S—1970
Greyhound Corp 3s—1959
Corporations
100%
101%
San Diego
Kansas
Investment Banking
100%
101%
Southern
1C4V4
105
York Oorp
Miss
1
3%
Corp——-10
35%
——
City Term Ry 2%s_l974
Power
&
Light 3%s__1974
100%
(Indiana;—-
3y4s series E
102
series
debs—
Puget Sound Pow & Lt—
4y4s
_1972
101 Ya
J01%
101%
101%
100%
„
101%
—1953
Pgh Cine Chic & St L 3%s„1975
105%
101%
3y2s
l.OQ
Co
2%s
108%
1970
ser
103 %
102%
Panhandle Eastern Pipe Line—
105%
M—-——_—vl980
Gulf Mobile & Ohio 3%s
,1969
18.67
12.50
90c
107%
—1979
3yaS
3%s series L—•—
103
102%
—1974
Philadelphia Electric 2%s__1957
2%s
—,1974
108
Light 3%s_1974
:
104%
i07y2 ■:
105%,
K_1960
1
17.11
1974
SMjS—1969
3%S——1974
Power
4»/8S
104'%
107
3%s__1977
Elec.
Great Northern
"
1.88
1
Edis
Light & Power 3s
—1974
Edison 3s
Ohio
7,05
,
3%s
106%
103%
"
8.23
U S El Lt & Pwr Shores A,
Wellington Fund——
11.40
J
76c
2.59
Insurance Group
—
105%
103%
1969
25.38
—
——,,
JOo
of
102y8
k__
1964
4s
21.46
A—
—,—~—
Union Common Stock Fund B—
Inc
————
Co
3%s__ 1974
Brooklyn Union Gas 3y2s___1969
4.77
Incorporated Investors——5
Independence Trust Shares
•
Institutional Securities Ltd-rAvlation Group shares-.
Bank Group shares—a——
Investment,
Lt
&
Birmingham Electric 3S—1974
Shares—
Oil
4,35
—
Holding CorpFoundation Fund
Common
Povv
Armour & Co 3y4$
2.29
ASeries A—————1-
Series
Income
Bid
2.41
4.33
1,———-
shares—
A Huron
1
——
Trustee Stand
'
Steel
C
2.45
.
stock shares—.—Equipment shares
—
Railroad
,
ASeries
l
112
Colo Power 3y2S—1968
4%s—
104%
—1958
106 % '
3%
•
37
Quotations For U. S. Treasury Motes
New York
City Banks & Trust Cos.
Bankers
Trust
Bank—
114
10814
41%
52%
Manufactures Trust Co
50%
—
.
Corn Exchange
&
20
48%
50%
20%
22%
Bank—
National
First
——
,
»
25
100%
Dec. 1, 1944—
.0606
f%s Feb. 1, 1945———
.0672
.0749
100.4
.0639
.0708
100.25
100.26
.0647
.0731
99.31
100.9
100.10
,0730
.0830
—1%%
100.26
100.27
t%s June 1 1945———
.0612
.0729
iy2%
100.18
100.19
t%s Aug. 1, 1945——.—
.0634
.0785
.0620
.0787
.0592
.0775
iy2%
tMar 15 1947—
%
1%%
—
1948—
t%S Sept.
44
Guarantee & Trust——12
10%
United States Trust——100 1,420
t%S Oct.
46%
Bid
Feb
tiyBft
/ Federal Home
0.85s
Reorganization Rails
Bid
Ask
Bid
Akron Canton
4s
4%
Chic
series
1988
94
98
95%
100
1st 4s
1983
81 %
83
2003
—
4%s
53 V2
54%
Chicago Milw St Paul & Pacific
1st 4s
——
1994
105%
Gen
income
4%s A
2019
73%
74%
Gen
income
4%s B__
201.9
58%
59%
101%
103%
Chicago Rock Island & Pacific¬
ist 4s
Conv
income
Denver
—1994
—
&
Rio
4%s
2019
68
4%s
2018
57%
59%
1st 3-4s
income
1993
84%
86
1st
Gen
St
Paul & Saulte Ste
income
mtce
4%s
106
Preferred
——,
—_100
&
4%s
1991
k,_
—
101%
67
St
v
Paul
Grande
t
& Sault
Rates
16%
39
17
Treasury bills—
November
69
Western
103.6
104.3
104.6
Issuet
103
103%
U S Conversion 3s—1947
101,16
105%
105%
-1961
133%
134%
1948
43%
19%
43%
November 30,
December
7,
1944
1944
Bills
purchase
at
Rlrt
December 14,
1944
December 21,
1944
b0.375
—
1944
24,
November
for discount
Ask
b0.375 0.28'/
b0.375 0.30%
—.
1944—.
November 16,
are
January 4,
December
0.32r,{■
28,
1944
January
11,
b0.375 0.33%
b0.375 0.33%
January
18,
January
25,
b0.375
:
1945
1945
1945
b0.375
Ask
0. 33 %
b0.375 O. 33 %
:
1945
b0.375 0.32%
——„
——
—
—
——
O. 34';;
b0.375 0, 34/
b0.375 0. 35';
bO-,375 0, 35%
b0.375 0. 35%
M—
k—
—-——
•No par
k—
k Removed
16%
common
Pacific
Preferred
quoted
0.
2,1944—
9, 1944.
November
18
42%
18%
com
Ste
c—
Preferred
103%
103.4
1956-1946_
1, 1956-1946—
United States Treasury
Bid
42%
Rio
Preferred
Seaboard Ry
k__
1,
Panama Canal 3s
79%
15%
preferred
Free
Jan.
U S Conversion 3s__
101.14
1955-1945—
41%
77%
38
—
——
Chicago Rock Island & PacificCommon
*
Minn
Ask
.,101.27
108
39 %
——
————-
Optional v t c
M—
—1971
4s
Seaboard Ry 1st 4s—
Income
3%s
Ask
Grande-
Income
Minn
.
Youngstown—.
&
preferred
Denver
3s May
3s
b0.90
—
Chicago Milw St Paul & Pacific
5%
67
,
Bid
Common—.
104i4
0.75'
Bank—
1944
101.25
-
—
Canton
Common
5%
'
2014
4%s
mtge
Stocks
Akron
Indianapolis & Louisville—
2nd
Inc
Loan
15,
3s
Pacific—
Western
1988
—
series B—
s
Ask
& Youngstown—-
A
June
15,1948
1955-1945—
100.5
Federal Land Bank Bonds—
i
,
■
.
Federal Land Bank Bonds—
10O.3
Other
'
—
1945
1,
Obligations Of Governmental Agencies
11%
1,465
Commodity Credit Corp—
Bonds—
1, 1945
104%
Public Nat'l, Bank & Trust—17%
30%
(When, as and if issued)
.0694
i0.90s Mar. 1, 1945,,——
f%S Apr. 1, 1945,
t%S May 1, 1945————
1946
tSept. 15,
tV8S
100
1G0.3
%%
1
)tSept. 15, 1947—.
;
1,655
41%
,12%
54%
1,725
100.8
53%
83
100 1,685
100,7
100.7
53%
266
39%
28%
Title
100.5
1946
15.
Maturity—
Dollar Price 100 Plus
Bid
Ask
Certificates of Indebtedness—
Ask
%%
1V4%
tDec
332%
.'5%
Bid
Int. Bate
1945-1—.
15, 1945
tMar 15,
51%
_20
100
National City Bank—
New York Trust——,
;
tMar
J tDec. 15, 1945-
200
51%
256
37%
com—20
preferred——
Morgan (J P) & Co Ine_.
79
-50
—
„
51%
Bank & Trust_20
Empire Trust
Fiduciary Trust
Guaranty Trust
Conv
Trust—10
—
Bank
180
Ask
200
39%
58%
Commercial National Bank &
Co
—100
——100
Trust
National
104%
Chemical Bank & Trust—10
Trust
Fulton
Maturity—
Mar 15,
Bid ;
Par
100
325 %
Irving Trust ———
-10
14%
Kings County Trust-.
——100 1,605
Lawyers Trust
———25
38%
15
Continental
;
109
100
.—
National
r.
Grace
450
56%
10
Central Hanover Bank & Trust 20
Chase
25%
438
_100
:■
Brooklyn Trust
24%
Co.—10
Bank of New York—
Ask
Bid
Par
Bank of the Manhattan
Figures after decimal point represent one or more 32ds of a point
::
4
17%
46
47
34 %
69 %
common——,
'33'4
—
68%
.
value,
a
Odd lot sales,
to Stock Exchange,
xEx-dividend,
y
Ex-rights,
r
b Yield price,
d Deferred delivery,
Canadian market,
tin default.
tions not furnished by sponsor or issueir.
s
Cash
tThese bonds
are
sale—not
e
Ex-interest,
f Flat price,
included in range for veai.
subject to all.Federal taxes.
AQuota-
THE COMMERCIAL &
1896
Monday, October 30, 1944
FINANCIAL CHRONICLE
Wcgk Ended Oct, 21
THE COURSE OF
BANK CLEARINGS
increase compared with a year ago. Pre¬
based upon telegraphic advices from the chief cities
the week ended Saturday, Oct. 28, clearings for all
which it is possible to obtain weekly clearings will
be 12% above those for the corresponding week last year.
Our preliminary total
stands at $9,844,547,238, against $9,723,038,395 for the same week in 1943.
At this
center there is a decrease for the week ended Friday of 0.3%.
Our comparative
Philadelphia"
—
Boston
KansascItV
-
Louis
St
San FrandscLmirZ-.-A-—;
255,347,000
Fittsburgh..^^^-^^^—205,328,804
'*
:
Cleveland :
0.3
1.4
3,894,000
4.5
95,129,505
2,044,034
+
10.8
2,649;520
68,946,683
1,989,203
150,769,485
+
9.5
144,288,486
130,410,237
+
6.4
(6 cities)—
115,396,472
+
.
$8,203,789,365
week—
;
■
+13.3
furnish a summary by
SUMMARY OF BANK
-132,700,000
.
Louisiana—New
+
.
;
—
Indianapolis—
"J
-
—_
..A—„
|0th Kansas City
0
Francisco—10
Dallas
j. 1th
+
7.3
433, 916,845
413,900,168
+•
6.3
1.1
3,955, 138,786
583 ,883,758
+
-6.7
559 ,493,340
4,429,682,867
617,111,700
481,723,225
+
7.3
22th Sun
Total
240,726,093
888,590
538
727,055
11.3
309 485,030
+
286 115,
4.7
.+ 16.7
;+
225.
.
-.
DCS Moines
;
■■
;
<
i.
;
1943
1944
'
:
8,064,830,810
4.247,978,992
6.8
7.6
394,634,578
Decatur——
.8,136,823,586
3,853,066,887
v/yVH
•
—
1,688,329
4,,927>173
—_—3,476,303
onnecticut—Hartford——-——15,184,251
Worcester-
New
Haven,—-————
6,383,900
—
20,914,8CO
diode Isianil—Providence——.——.
Hampshire—Manchester-—665,128
+w
-
f
,
cities)————•
(12
Total
:
1,561,680
Binghamton;——;
75,962,000
■——
1,262,938
1,114,958
Jamestown---————-—2New
1941
J" $ '■
--
612,462
-.
4,979,277
5.7
381,621,402
1,100,020
2,979,277
363,412,951
1,131,616
2,863,496
■
'
29,172,558
9,769,5C8
7,797,541
.
—•;
1,640,127
12,241,666
6,152,589
4,604,089
409,062 \
+
5,944,376
2,262,479
498,146
8.2
423,436,982
4,513,718
1,481,481",
+ 29.1
■
5,045,628
32.1
+
+ 63.7
606,150
484,566,473
,
2,325,860
—
4,856,515
4,216,412
7.2
1,891,357
2,088,417
1,853,901
+
—15.9
462,932
23.4
1,148,603
1,064,362
+
+
2,5
6,614,327
2,556,640
610,664,220
.+
195,800,000
189,700,000
+
82,444,223
67,272,883
+
76,077,025
61,148,980
+ 24.4
1,092,000
1,256,000
—13.1
1,318,000
701,000
355,413,248
319,377,863
+ 11.3
309,485,030
257,508,784
Louis_
Total
'.
(4 cities)
Federal
———.
Reserve
538,727,055 '
526,720,293
3.2
1G5,800,000
136.300,000
22.6
62,750,272
62,740,520
79,616,758
57.767,264
8.7
.
District—Minneapolis4,941,683
4,106,912
8.6
120,951,258
105,984,293
+15.9
45,618,028
38,132,384
+
3/101,936
+
4,655,336
5,113,834
+
91.0
174,861,483
161,089,619
48,887,324
+
3,582,223
1,824,630
1,695,019
x.
—
Paul——
North
56,651,279
—
Dakotar-Fargo—
u
3,798,261
1,955,247
•
South, Dakota—Aberdeen—
Montana—Bill}ngs^__^x.—w
2,365,706
——
Helena
6.0
3,385,755
li2
+ 39.6
1,518,312
1,544.967
5,879,075
5,237,454
+ 12.3
250,166,387
+
227,430,083
+10.0
1,455,353
1,697,301
6,599,510
184,559,513
5,815,439
•
*
Total
i
.(7. cities)—:
——.
160,293,638
City-
Tenth Federal Reserve District—Kansas
Nebraska—Fremont
St, Joseph—
214,525,393
6,518,348
City-
——
1,124,219
920,485
—
121,938
2,849,261
2.6
61,754,054
45,938,683
2.5
2,066,925
1,912,268
4,597,932
8.3
*147,000,000
3,584,772
139,326,140
3.7
4,799,837
4,270,023
7.4
873,800
536,886
2.0
2,940,134
6,569,537
198,126,485
6,294,253
1,213,785
902,719
6,762,323
Wichita—w———
Missouri—^Kansas
3,339,975
2.9
82,760,125
2,866,873
!„
Kansas—Topeka—
—
4,183,469
80,627,567
'iv Oinaiia-^
109,838
258.678
8.9
827,220
755,862
196,599
+ 14.5
225,713
258,357
3,809,865
————
+ 40.9
187,165
263,802
—_
Hastings———
Lincoln-
Total (10
cities)
303,403,385
317,677,232
—
—
—
.
,
-
199,405,671
225,715,020
4.7
+
37.3
2,871,429
2,644,458
Eleventh Federal Reserve District—Dallas-
Galveston—.—
10.7
11,302,446
9.6
5,887,021
+
16,207,500
16,212,300
534,970
29.0
6,167,222
16,511,700
+ 24.3
525,01G
+, 7.3
433,916,845
j—^
Wicluta Falls
:
413,900,168
Total
*
(6
+
8.2
1,890,929
2,250,476 f.
+
18.1
114,692,820
91,933,304 it
+
5.6
13,364,181
3,555,000
1,504,523
5,118,376
+
6,729,601
Louisiana—Shrevcport—
G54.405
396,854,981
?
2,393,664
14,849,792
3,599,000
1,660,872
Fort Worth
125,294,981
15,684,867
-
Dallas)
■i
+
2,589.751
147,879,000
A—
Texas—Austin——
1.2
1,209,736
+ 31.5
5,080,854
•
i
t
1,279,682
i
i
i, 4,917,645 v«
152,^16,336 , + 16.7
178,143,091
cities)--—l_i———i-
'
Reserve
Twelfth Federal Reserve
6,197,343
11,800,754
5,981,677
51,900,000
Utah—Salt Lake City—
898,691
California-rLong Beach
1,164,065
1,201,295
9,353,668
'23,248,792
43,725,169
412,481
1.9
9,323,353
4,283,756,699
9,611,371
8.3
5,551,310
4,901,432
—15.5
7,059,186
+
3,816,851,818
+ 45.8
435,091
+ 24.9
20,788,670
4.8
30,311,581
—
5,571,176,795
5,240,675,042
3,955,138,786
6.3
+
+ 40.9
2,083,083
0.3
85,205,795
58,228,732 !
31,909,236
+
5.1
30,997,152
26,491,187
10,064,803
4,976,033
—16/2
7,649,151
4,929,387
9.1
2,878,104
285,709,000
6,089,925
+10.9
259,439,000
3,372,116
223,894,784
8,436,886
6.1
+
—
+
+
'
3,511,673
1,427,774
Oregon4—Portland-:
Pasadena.—1
;
4,523,789
316,836,000
8,310,834
2,112,824
Francisco—
San
•
«
»
—
San
Jose—_—
Santa Barbara—:
—
1,727,734
733.628
+ 36.5
32.1
1,202,630
1,577,057
4.1
4,922,530
3,795,620
+
6.8
8,064,830,810
8,136,823,586
+
7.6
4,247,978,992
3,853,066,887
471,195
Total
20,494,821
36,147,785
4,429,682,867
(10 cities)
——
—
10,459,937,802
—
5,077,223,940
Grand Total (111 cities)
Outside New York—
9,793,163,917
4,720,067,320
————
1,206 093
+ 49.1
1,323,921
of Dec.
2,942.123
——1,626,886
2,049,502
2,313 068
+ 27.8
2,132,549
1,406,963
2,125,362
1,176 ,368
+
38.3
1,166,326
1,178,120
250, at the last Annual
—.
4,856,700
4,951 .300
—.
674,929,930
682,578,359
657,000,000
1,798,473
-
Scranton—
w—
——
Jersey—Trenton—
'•
'
'
Fourth
'
*
Reserve
4,119,186
—
126,841,796
Columbus
1,626,591
1,593.418
4,930,700
1.1
583,883,758
617,ill,7(?0
returns be
that it had been obvious
9.1
3,112,234
+15.6
105,577,887
90,383,719
+ 11.3
202.237,629
169,537,539
13.349,500
13,710.400
Bankers
Association
direction
discontinued
1944, page
General Meeting of the Canadian
4,746,600
—
Pennsylvania—Pittsburgh
—
+
109,773.793
224.917,127
16,993,700
3,102,283
4,892,582
17,971,700
267,396,642
269.623,813
-
—.
Youngstowii-,-
(7 cities)
Clearing were discontinued as
As noted in our issue of Jan. 17,
1.9
+ 26.5*<
—
3,775,869
—250,221,463
Cincinnati
Total
31, 1943.
A
1,620, 592
'
Cleveland—
Mansfield—.:
—
on
was
given
that
clearings
Dec. 31, 1943, in view of the fact
for
some
time that the figures did
District—Cleveland—
—',—--1
Ohio—Canton—
1,633 392
667,000, 000
—
*
cHies).
Federal
Note-^-Canadian Bank
1,535,668
602,000,000
—
(10
468,343
1,584,893
————.
Total
1,460,366
442,156
569,000,000
Philadelphia.
York
412,760
1,423,148
—13.7
1.5
Reading——
New
437,574
+ 12.5
894, 143
509, 796
+ 12,3
—-
_—-—
Wilkes-Barre
+ 21.3
1,273, 607
618,529
1,432,678
771,280
1,833,759
.
673,567,652
~
'
5.4
2,774,455
2,860,914
not
correctly reflect business activity, for the reason
intra-bank items do not pass
that
through the clearing houses.
2,731,099
2,117,532
+ 46.5
3,309,267
+ 47.8
2,975.801
3,419,029
0.8
229,465,834
199,080,534
559,493,340
481,723,225
—
631,489,101
1*'
f'li
+
i
6.7
i
•
i
r.»'
.
)
i;i
t
:
.
»
3,893,598 '
+
+
1,600,023
5,452,899
5,678,979
Stockton—
6,910,475
>•-•■'.
;
66.725,147
95,872,098
4.8
84,049,675
2,492,844
86,120,567
88,105,638
:
86,381,581
33,545,973
+ 12.7
5,073,096,597
Yakima—:——
54,889,292
1,104,574
+ 25.9
989,514
1
1,152,645
1,418,008 rilO.l
63,448,125. + 19.7
1,002,914
11,961,329
0,507,201
82.5
+
District—San Francisco—-
—
District—Philadelphia—
1-
Chester—
Lancaster^
i.t
115',452,024
139,924,520
•Estimated.
Third Federal
i.'
2,855,000
B,686,000
+ 10.4
12,215,917
■
Washington—Seattle
t
Bethlehem—
:
1,469,181 =
2,150,675
—
Illinois—Quincy_„—_—^„—___^.
3,933,680
+
+
41,645,214
-Pennsylvania—Aitoona—_————
•
428,367,931
663,566,640
—
; i
b.
l !
1,573,409
12,993,843
+
2,039,888.
8,260,096
(17 cities)—
J;
si
23,934,266
Eighth Federal Reserve District—Bt. Louis-
565,070
5,822,510
29,047,824
——:
cities)
3,362,752
—
675,108
-
13,713,240
7,899,501
601,216
Jersey--—
4.9
+: 7.4
+
1.7
4,240,711
7,671,236
Missouri—St.
..'
+ 46.8
"
2,318,513
26,680,000
5.0
Kentucky—Louisville_A,—_
Tennessee—Memphis.
A;.
"14,744,630
6,478,287
lL————:—
(12
•Tbtal
+
$
+ 22.1
504,326
1,367,724
4,805,937
2,532,430
11,577,151
—1—
Conner ficut—Stamford——.
frlew Jersey—Montc.lair.-_—
Newark
i
1942
.
3.3
+
1,057,892
5,382,713,862
York———
Rochester-—
Syracuse-——
Northern New
,
•
3,126,066
27,671,000
+
-
11,312,164
York—Albany—_.—
Buffalo——
r
425,660,918
.
v
41.0
+
—
3,192,176
346,383,046
•
20.7
+ 11.1
2,667,317
29,883,000
21
District—•New York—
Second Federal Reserve
.New
Inc.or
728,380
:
————
2,359,349
+ 19.3
Colorado—Colorado Springs-
;
laine-Bangdr———1-027.082
Portland
———
0,087,715
tassachusetts—Boston—.—i—2——
306,274,843
Fall River
—
1-^1,2x6
Lowell.—
—
740,178
Netv Bedford
Springfield
Oct.
Dec. %
District—Bos ton—
.
Ended
-
4,125,708 :
2,529,354
+ 16.8
Peoria—
Springfield
4,419,861
1.7
6,4x7,985
———.
Rockford———
Total
394,288
514,262
+ 11.1
—
12,036,015
'
Chicago
,
j
figures for each city for the
$
299,664,545
+ 22.2
551,315
4,867,692
3,599,002
2.142,402
/
City
Pueblo—
■_
+14.5
14.354,758
'
—
:
Illinois—Bloomington—;
Sioux
115,452,024
.
490, 983,171
7.5
9,793,163,917
4,720,067,320
199,405,671
715,020
139 924,520
21, for four years:
Clearings at—
First Federal Reserve
356,888,590
:
160,293,63$
184 559,513
10.0
.+
Week
222,353
88,129,436
/ 71,38i;225
257,508,784
152,716,336
518,465,005
detailed statement showing the
+We now add our
223,118
7,493,487
8G0.993
524,383,596
Iowa—Cedar Rapids—
.
;!
week ended Oct,
i:
4,401,621-
j
526,720,293
+
227,430,083
5,077,223,940
York City———
414,433,592
8,687,622
299,664,545
8.7
303,403,385
10,459,937,802
—HI cities
——-—
Outside New
i82
356
+
.178,143,091
557,444,177
"
'
"+14.5
250,166,387
317,677,232.
———-
+10.3
34,691,927
St.
396,854,981
"
10
——
—
91,830,493
9,333,467
31
319,377,863
+23.2
3,933,788
Terre Haute——a—
Minneapolis
5,240,675,042
—
246,222
..
Wisconsin—Milwaukee.—35,273,554
1941
S
610,664,220
+13.8
43,295,952
3,867,670
33,204,000
2
South Bend—
(
,
Ninth
425,660,818
——■
: 77,058,311
673,935
5,406,144
3,538,039
3,220,610
Rapids—
Lansing
1942
631,489,101
295,973,950
414,435,592
34,790,286
+18.8
474,575,595
(10 cities)
Grand
1.2.
Inc.or
—
3.0
59,889,$30
""
303,254
Orleans'—101,303,844
Michigan—Ann Arbor
Dec. %
682,578,359
1,619,362
45,311,953
1
4,668,7.46
1
28,310,000
Seventh Federal Reserve District—Chicago—
:
4.4
+
5,571,176,795
674,929,930
673,567,652
317,616,137
474,575,595
663,566,640
355,413,248
—_
—
York
7
1.1
,
$
$
Oct. 21
12 cities
12
"
"
3d Philadelphia _—10
4tli Cleveland' ————
7
f>th Richmond
;—.—
6
"
Eth; Atlanta —_:
10
"
7th Chicago _•
17
"
Bth St.
Louis—*—-— 4
"
9th Minneapolis
7
"
New
'
6.5
—
2,496,380
2,633,672
*1,900,000
+14.1
2,272,920
*
43,945,717
'
——.
'
"
5.3
1943
1944
Districts
2,489,850
Augusta——r
——
2,841,702
Macon—
L—2,114,634
Mississippi—Vicksburg-——^x,*-v—..
0.4
Federal Reserve Districts:
CLEARINGS
5,913,004
33,358,599
109,200,000
38,005,243
+20.5
—12.1
$9,723,038,395
$9,844,547,238
7,046,903
39,458,172
Total
1,867,658,590
—
.
157,700,000
Minnesota—Duluth
Boston
286,115,182
•j* 18.8
$7,855,379,805
—-f—■1,640,757,873
—,■
day_:
In the following we
Week Ending
34,698,742
240,726,093
Nasliville—
—^.
44,704,381
Georgia—Atlanta-"—190,100,000
3.7
—
details for the week covered by. the foregoing will appear
>n our issue of next week.
We cannot furnish them today, in as much as the week
ends Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to .be estimated.
,l
In the elaborate detailed statement, however, which we present further below,
we are able to give the final and complete results for the week previous—the week
ended Oct. 21.
For that week there was an increase of 6.8%, the aggregate of clear¬
ings for the whole country having amounted to $10,459,937,802, against $9,793,163,917
In the same week in 1943.
Outside of this city there was a gain of 7.6%, the bank
clearings at this center having recorded an increase of 6.4%.
We group the cities
according to the Federal Reserve Districts in which they are located and from this
it appears that in the New York District (including this city) the totals show an
■improvement of 6.3% and in the Boston Reserve District of 7.3% but in the Phila¬
delphia Reserve District the totals record a decline of 1.1%.
The Cleveland Reserve
District has been able to better its totals by 6.7%, the Richmond Reserve District,
bv 7 3% and the Atlanta Reserve District by 14.5%.
In the Chicago Reserve Dis¬
trict the totals register a gain of 8.7%, in the St. Louis Reserve District of 11.3% and
in the Minneapolis Reserve District of 10.0%.
In the Kansas City Reserve District
the increase is 4.7%, in the Dallas Reserve District 16.7% and in the San Francisco
He serve District 7.5%.
V
•id
36,021,95+
7,3
i+
District—Atlanta—
Reserve
'Alabama—Birmingham71,165,623
1
Mobile.—5,302,923
+ 13.0
—
$6,368,481,050
1,486,898,755
"
five days_-———
Federal
Florida—Jacksonville—
8.1
Complete and exact
1st
295,973,950
317,016,137
Indiana—Fort Wayne—
Reserve
39,020,158'
41,530,855
+21.1
.
Federal
!
165,019,616
——
Columbia—Washington—;.
10,567,906
J
5.5
+
'121,520,767
Total all cities for
7,135,000
+
12,793,517
i
+, 8.1
l$6,437t31Tf375
days^^——1,766,471,990
Total all cities,
All cities, one
+
+
five days-——.
five
Other cities,
6.5
—
188,400,289.
.
;
+
214,317,352
,
.187,575,462 -
——
Baltimore™™-,-^-------:-Ten cities,
.'+' 0.6
Tennessee—Knoxville-^—_——.
$4,129,065,630
386,284,973
507,000,000
276,158,879
179,111,455
146,800,000
225,946,000
$4,114,740,322
~~i'-.. ■ 411,278.399
"" I
514,000,000
:
• 298,653,561
~~~
——---———169,173,060
'—/—J————153,700,000
——
—
-
_
Chicago
+ 23.9
6,483,000
%
1943
1P44
—
'
787,228'
'<
890,717
1,228,333
2,265,217
Maryland—BaJtimore^_^
Total
" S
.
96,428,940
South- Carolina—Charleston
of
$
100,759,240
Richmond-—,
District
1941
1942
-
Dec. %
- v
—1,521,209
6,520,000
Virginia—HuntingtonVirginia—Norfolk—
i
Sixth
Clearings—Returns by Telegraph
Week Ending'Oct. 28
York-
Reserve District—Richmond—1
follows:
for the week
New
Federal
fWest
liminary figures compiled by us,
of the country, indicate that for
cities of the United States from
nummary
Inc. or
v
$
Fifth
this week will show an
Bank clearings
1943
1944
„
•
■Volume
;
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4329
160
Company and Issue—
;
Date
'
1
Page
York, Chicago & St. Louis RR
—
,
A 3Vn'?c 1st mortgage bonds, due 1947—'1—I,.
Below will be found
.
a
list of corporate
•
Company and Issue—
■/..
Darling
Date
LOct 30
Service
Seventieth
Street
2
1529.
5'?■>
Hotel St.. George Corp4, 1st
1632
Southern
.'v.-.
.■
\
Sisters of St.
3V2S,
due
1st and ref. mtge,
serial bonds, series A, due 1950 to
——Nov 25
—
Nashville
&
New
collateral)-—
York
Power
General mortgage
bonds
—
1743
:
1743
1742
1671
Central -Vermont .Public
1st mortgage :3Vs'/b
12231
1532
4.V2
1565
i
1st preferred 'stock——J—Jan 1, 1945
-
debs., due 1949-1955—Nov
!
preferred stock
♦Announcement in this Issue.
977
1
1781
1
9
—Nov
•
1445
1st and ref,
we
•
$In Volume 159.
which
.1732
Then
follow with
we
show the dividends previously
we
1396
under the company-name
1524
and
1293
1526
Name of
1st and collat.
income bonds——-——Nov. 4
mortgage 5%
Montreal Island Power Co, 1st mtge.'s'/as, ser, A
Nov
North Penn Gas Co.* 1st mtge. and lien 5(48, due 1957-Nov
Phoenix Iron Co;, 1st mortgage 6% bonds————Nov;
1
1
1
*
Allied
&
Light Co.
1st mtge.
5s,
986
1297
1528
1082
1529
1530
1
entire
issues
called
1742
571
"
1444
1564
1673
1121
■■
1626
1626
Nov 10
Nov 15
1st and ref. mortgage 4V^%
Brooklyn Union Gas Co.—
bonds, due
3(4%
due
due. 1971
Commonwealth
1st
mlge.JlzS,
1
12299
1397.
Dec
1077
1968——
5
Connecticut Light & Power Co.—
1st and ref. mtge, 7% bcn^s, series A,
—
,1524
mortgage 4'ArU bonds, due 1961—^>Jan 1,1945
Gen.- mtge. 4(/o -conv. bonds, ser, G & H, due 1946_Jan 1,1945
Collateral trust 4% bonds, due 1952—
„Jan 1,1945
Eastern Ry. Co. of Minnesota, Northern Division
10-21
4
11-
25c
-
..."
:
$1
1
11-
12l/aC
1
11-
12-15
12-
1
$1.75
%
$5
12-
12- 1
12-
9
11-
1-
1
12-1
2
-
11-1
1
11-22
$1
11-
8
12-21
1-
tlOc
1
;
1629
'
B"sh
"429
Adding
(auar.)
(A.
Byvon
1400
Jackson
Extra
;
1384
Co.
7-'^
Co.
River Day Line, 1st mortgage 6s,
Hvdro-Electric Power Co.—
due 1946
;jDec
1st
mortgage 5s, series A, due 1958
—'—Nov
1
Estate Corp., 5% mortgage bonds——
...Nov
1
Kansas City Terminal Rv„Tst mtge. 4s, due I960—Jan 1,1945
Kress (S. H.) & Co., special preferred stock—
Dec 14
La France
Quarterly
1080
Extra
.1631
>]<:/„
11-15
11-25
Ca^Ma
1526
.;
3 2-
11-
1st
mtge. 4%
due
12-10
12-
1
.
J2- 1
11- 2
12-1
11-2
i
1? -15/
10-31,
11-15
10-31
?*e
5
12- 1
Pawer,
Oil
common
l1- I-'
11- 1
Long Dock Co., consol, mtge. 33A^
Ltd,
bonds, due 19501
Fou«rtvV
12-20
$$125
2«c.
nvefe»*red
no..
(quar.) :
$1.25
(Mass.)-—
Qnanevtvj-—'-.■ ?nC
:
Chioap-o
Chicago
OhUe
Co.—-
Conriei-
7rw
Lamhe^'t
At,
O,onnf>o>.4o"t
Evt."a
Jan 1,1945
1404
1404
Merchants Terminal Co.. 1st mtge. 5% bonds, due 1945-Nov
1
20c
1527
the
—
Nov 13
1
6
12-
1
>
11-10
I-
2
12-11
10c
12-
1
11-16
6834c
12-30
12- 1
11-
12-1
11-10
75c
12-
1
11-16
12-
1
11-18
Iaccum.T
12-21v
a
$2.10
12-15
12-
1
$1.95
12-15
12-
1
$1.80
12-15
12-
1
15c
10-28
10-26
1^- I
,
11
30C
12-15
SL50
12-1
11-10,
$1.50
II-25
11-10
10C
11-29
5c
11-29
11-18,
150
11-25
11-15
50c
12-
1
11-10
(quar.)-
11-18
$1.50
1-2
$1.75
1.0c
2-1-45
10c
11-15
11-
430c
12-1
11-3
$$1.75
Milling, common
12-1
11-
—
(qur.r.)
(quar.)—.—
12-15
1-15
li- 1
:
11-15
I
3
25c
12-
30c
11-15
$1
11-30
50c
11-30
11-
4
25c
12-
1
11-
9
$1.12Vi
12-
1
11-
-
.
11-14
1
11-15
!'
11-18
9
11-3
10-24
15c
11-20
11-
$1
10-31
$1.25
,
4
10-21'
$1
11-30
$1
12-22
12-12,
2
11-17
11- 1
-10-17
1-
$2
;
•
12-23
12-1
$2
$1.50'
(s-a)
11/30
50c
11-15
11-15 ;
11-
'11:
Action deferred Oct. 24,1944.
Corporation
11-15
1
11-10
12-
$1.25
:
preferred (quar.)
Marine
11-
1
11^10
4
*
25c
25c
Internat'l
11-10-
8
12-
25c
11-
11-15.
11-
50c
—
common
Extra
1834c
10-31
21/2%
Communications
12- 4
3-
10-21
•:
(ordinary) (interim)
(quar.)
871/2 c
______
10-27
.
11-15
11- ,3
.1-15
12-
12-1
'
Morris. Plan Co. of Rhode
1
Finance Corp. (quar,)
Motor Wheel Corp.——4
11-17
31- 1
10-20
11-15
11-
5nC
3 3-21
11-
$125
31-1
J
Mfa.——-
9^0
31- 8
11-6
31>/-c.
32-1
11-20
-•
—
62t/*C
(oun,v.)
Corp.
25c
—
(quar.)
*C*~
_
—.
Tno,
Consolidated
Steel
(special)
Com.
Lid.
initial)
.
-
—,
TU>1)
(nnar,)--.;——,
(increased 1.^
4V4 54
J1-14
10-10
Co.,
TVnroof.o»'«!
A
1739
Cosmos
1405
Crow's Nest
Tmne^ial
Pass
T.M
$1
.Ltd.
(ouar.)
Coal Co., Ltd.
(s-a}_——
11-
I
11-
1
10-23
12-15
11-15
12-; 1
11-10
11-
10-20
11-30
30c
12-11
(quar.)
common
(quar.)—
.
I.1-2O
31-15
New Jersev'Zinc
Newport
10-30
10-19
(vear-end)
&
m-efeved
&
J 0-31
12- 2
11-
l$1.50
8
(ouavj,
12-1
12-
1
11-18
Northeastern
Water Co.,
$4 prior preferred
Northwest
12-15
1
10-23
$1.50
11-
1
■
10-21
1
II-10*
$1.62(2-
25c
$1
end)
1
2
II-
$1.25
(ouar.)—
(year
12-
1-
$1
$2 50
(quar.)
common
Bancorporation
12-15
25c
.
11-
12- 9
11-20
1
11-15
Dock—
—
We^.ern Railway Co.
9
2
50c
$5
Norfolk
in-30
9
11-
1-
$1
Dry
11-
12-1
$1.75
*
Shipbuilding
8
8
12-
$1.12»/4
11-10
News
11-
11JU'
137(ac
_
Co.
1U 8
11-29
$1.07
—_
31-21
1
11-H
11-15
11-22
20c
National Lead Co., 7 54 preferred cl, A (quar.)
Service
1
l'i-35
1
$1 75
_
32-1
3nc
11-18
.
1.
50c
preferred (quar.).
3.2-2g
1$* "5
12-
$1.50;
: 3°-2!)
1
1
$1
3 nC
31-
10-23
75C
Storage Warehouse (quar.)
New England Water Light & Power Assoc.-—
6 54
preferred (quar.)
;
New Haven Clock, 6(2 (4 preferred (quar.)
nvaT'iloS*!
nf/1. (eCCnm.l
11-'4
.10-19
i$l
New Bedford
11-30
11-15
11-15.
,
$1.25
—
754
National Linen
J1-15
'J.i-T
10-2.6
$3.25
(initial quar.)
Ltd., $1.50 pref. (quar.)
National Gypsum Co.. $4.50 preferred (quar.)
1
45e
1
25c
-preferred
11-20
:|:50c
1
10-31
_____
-National Grocers,
■
tWiitni»it*f.on.'
12II-
50C
(quar,)_—
—
1- 2
10-31
12-TS
2
750':
Ame^can T.ife Tn«"vance
Con+inontal
n<Vr>r»vnfa
Co.
National-Cylinder Gas.
t
12-
I-
$1,621/2
SI
'
.
11-15
.
62Vsc
2Ro
(quar.)—
——
nv»vfiio Co.
7
0-25
31-1-5
5612-
Co.
37
Jftc.
Prtw<h* Co.
I-15
12-
V-W
32-
10-20
Year-end
National Biscuit
(quar.)-
10-20
1
Nashville Chattanooga & St. Louis Ry.—
4
National Acme
,
preferred
1
11-
$1
—
Muskogee Co.,, 6 %
11-20
n^efe'rfed
Island
Motor
30-25
Tnt«',no,tionn,l
Biscuit
&
11-
$1
v—
—
12-20
12-15
$1 '
(Los Angeles, Cal.)
Extra
'
1966
2IV4C
non-bum,
32-1
fy. TvonCum.
TV,»W»
preferred stock——Nov
10-30
:11-
50C
-J.O-St
(irregular)
noncouaotori
—
1st mortgage 3V2S, series A, due
National Bfearihg'Metals Corp., '7#
Woods
$3
Co.
—
Consolidated
-Jan 1,1945
1
,
preferred
——2^c
Hotel
on
YeUow Cab-
no.
Unified mortgage 3Vas, due 1950—
10-vear collateral trust 3J/2S, due. 1950
Vtra-iiija
Colovado F"ol
LouisvUle & Nashville RR.—
Narragansett Electric Co.
of
Corn,
1187
Nov 20
11-
$1.31'A
—
ja-23,
3-25
(finev.)-
1527
1633
11-10
11-24
75c
.
10-23
11- \
3,15c
(qu«r.)-—.—u——;
Cos..
1527
1633
12-1
25c
Robbinsi $4 preferred (quar.) 4
Meadville Telephone Co) (quar.)_.
5 "4 .preferred (s-a)
Merritt-Chapman & Scott Corp.—
6 V2 )4 preferred (accum.)
/_
__1——
Metropolitan Storage Warehouse——
Midwest 'Rubber Reclaiming .(quar.)
Minneapplis-Moline Power Implement Co.—
$6.50 preferred (accum.)———
Mississippi Valley Public Service, common—
5(4 preferred (quar.D———
—
Mitchell
(R.)
Co., Ltd,
————
Monsanto Chemical Co.
(year-end)
10-23
$1
75c
(quai*.)
Co^nial stoi-os Inc.. common—
5'/?)
nre'e^ed
(ouar.)
1
Dec
;
of
McKesson
11-14
81'^C
n'avt.on
bonds, series A, and 5% bonds, series B
1945
11-13
.
MassaGhusetts Bonding & Ins.
4.
3
15c
———'
1632
Lehigh Valley Transit Co.—-
.
*
11-8
v——-—25c
(""«.'•.V_.
''.-■iTo- 'preferred'
C°htrat
1633
12-16
— ——-
Mayfair .Investment Co.^^
12-1
37tAc
-.h—•»
:
Novtwovn
1526
1
11-4
$1.
$1.50
& Co._
Amer. deposit receipts
11-15
50c
—.
.
profpvpd
nomwo«weolth
Industries, 15-yr. 2nd mtge. bonds due 1956_Dec
11-
11-15
(accum.)
Marconi
Pacific Title Insur. (San Fran.)—•.
Citv Baling Co..
Jones
11-15
(accum.)
Manufacturers Trading, 75c
35c
(nnav.)—__
nfd. (flccnm.)
(quar.)
1736
Indiana
4
90c
(quar.)
10-31°
.11-25
12^c
.——_———
1.
Hudson
12-15
12-15
$1.75
(quar.)
preferred ' (quar.)
Manhattan Shirt Co, (quar.)
$5
•
preferred (quar.)
conv.
—— —
-
1400
1631
12-15
:;:62i/ac
12-31
$1.50
11-20
Concen-
M.) -Co.—Z-—25c
Bvers
1630
Machine
5r/e'
Brothers.
Common
1399
&
•
B'd'dings.
Terminal
Bi'Uer
Mining
Co. ' (ouar.)
trating
Bbrvonohs
1293
SnFlIvan
&
i402
Dec
'
12-31
12-31
'
Hill
1
1946_:
11-20
$1.50
11-10
2c
Die; is Machine (quar.)—--T,
Bunker
Heywood-Wakefield. Co.,
due
10-25
12-1
.
?63C
4—^—
Macmlllan Co.,
11-15
8c
981
1524
1526
debentures,
11-10'
11-1
'37 Vac."
•
12-1-
$3.25
25c
collat. trust bonds, series A, due 1953——_Jan 1,1945
Gulf States Utilities Co.; $6 and $5.50 preferred stocks—Nov
9
5%
'
Extra.
...
Wheel -.Co,———,—
6-
11-13
■
"'Rubinstein."
See
Co^
(Julius)
Lynch-
32-21
12-15
$3.50
U-
1
12-12
60C
-
(year end)
Lukens Steel. Co.
1
J2-
12-31
..
$2.50
12-
'
-
3%%
■
:5C
—
Louisiana Ice & Electric Co.
8
12-20
6834C
—
11-
11-15
$1
11-15
75C
$1.75
Light & Chemical;
_4————
Lock Joint Pipe,, common (monthly)
Common (monthly) ^
Common (monthly) ..v--—u——
8(4 preferred (quar.)
Lord & Taylor, 6(4 1st preferred (quar.)—_
8(4 2nd preferred (quar.)
■:
(fi"ar,)_^
nhfsnnepk
Giilf, Mobile & Ohio RR.—
10-20
10-20
-
(quar.)'
*
10-20
1
.
11-
11-15
75c»
Chain Stoi-e Real Estate Trust
4'A bonds, due 1948———Apr 1, 1945
1
1
U-
_
6
11-15
12 vac
(accum.)
1526
1st mortgage
11-
Lindsay
10-27
12-
$1.75
—
1
11- 1
50c
11-15
11-
(R. G.), Inc., common (quar.)_
$4.50 conv, preferred- (quar.)
Life Insurance of Virginia (year end)——4;
11-15
$1.50
10-20 r
5C
Le: Tourneau
11-1.5
12-9
11-14"
1"
20C
______
11-15
15c
Manufacturing—
preferred * (quar.)——ij—
prior
Bu'ell
1526
12-15
25c"
1.
60c
—
Company: (quar.)__.,..
Monotype Machine (year-end)
Lehigh Coal &' Navigation (year end)
12-20
10c
1
1211-
-
;:
Lanston
11-15.
1-
12-
15c
Lansing
1
12-
—
11-15
50c
Co.,
Lane Bryant Inc.
:
6
25c
(quar.)
Mills
Lake
10-20
10-20
12-1
'
1
7'.4 2nd preferred (quar.)—.
Kysor. Heater '(quar,)^„——
Extra..
(Edward G.)
Budd
•'
ref.
1
—:— •
Corp., Class A
:
*
Great Northern Ry.—
1st and
H-
I
12-
(quar.>_^„!_„
(quar.)
;
.Kroger Grocery & Baking,.common
6 '■/; : 1st preferred
(quar,)__„.
11-10
87 v2C
conv; preference (quar.)
Corp.,. commott—
Steel
Silk
Budd
-
due 1951
Nov
1
debentures, due 1953_:.Nov 27
Consumers Power Cbi 1st mtge, 3%^ bonds, due 1967-Nov *" 1
CrOft Brewing Co., 5% "debentures, dub 1945-j._i—Ui.—Nov '1;
Danbury & Bethel -Gas-& Electric Light Cq.1-/
25-year 6 A mtge. bonds, series A, due 1948——Feb 1,1945
Delaware Valley-Utilities Co., coll. tr. & ref.; 6% bondsJNov
1
Derby Oil & Refining Corp., $4 preferred stock——Nov 15
Empire District Electric Co.—
:
1st mortgage and ref. 5s, due 1952..—,
_Nov 20
Erie RR; 1st console mtge. 4% bonds, seiv C, due 1959—Dec 29
Exmoor Country Club, 1st morfcgage: 4sy due-1946___
Nov
1*
Florida Southern: RR,< 1st mtge. 4s, due 1945:—,
Nov " 1
Glen Alden Coal Co., 1st mortgage- 4%; bonds—
.Dec
1
Gotham Hosiery Co., Inc.,"7%
preferred stock—_L—i_Nov 1
Greyhound Corp.,- 5.V2 °i'o preference stock———
Nov
3
Consolidated Cigar Corp., 3(4%
1
12-
11-10
$1.75
8 7 fa c
A
preferred
7(4.
1:preferred. (s-a)...——V—pvuek
due
12-
$1.50
.Boeing.-'Airplane Co. (year end)
Bourjois Inc., $2.75 preferred (riuar.)——
Bower Ro^er Bearing (year end)-;
Co.—
mortgage 3(is, series I,
1
75c
11-30
■
Extra,.
60c
11-17
"75c
11-30
9
12-15
Co., $6 partic. pfd.. class A tquar.)iKinney (G. R..), $5 prior preferred" (accum.)
Knudsen Creamery Co.,. common—-—-^-
11-10
11-
9
12-
11-15
Kendall
•
1
12-16
12-
25c
'
preferred
Kay ser
11-21
12-
7% prior preferred (quar,)'
Co.
'
10-20
12-
,12-16
$1.50
pfd. cl.-A (quar.).,
common
Kable ;Brothers; (quar.)
,
50c
.12-10
12-30
12-30
30c
(quar.)-_-.
preferred
11-10
,11-10
11-24
Nedges," $2
Brandon
Nov
7%
12-30
75C
25C
;
1
Southern Utilities Co., T'.b pfd.
6Va C4
.
_
— ———
(initial)
Iowa
6',4
12- 1
11-15
i-h
7fr preferred (quar.)
Blauper's (Phila.), common, (quar.)
$3 preferred (ciuar.)
D,
—
_____
Edison
ser.
Oil
Benson; &
1180
1st
12- 8
12- 8
8
11-10
'
'
12-28
common
Toronto
Bethlehem
Nov 13
Chicago, Burlington & Quincy RR.—
'
;
;
Illinois Division mtge. 3Va% & 4% bonds due 1949—Jan
1
Chicago Union Station Co.— ".V-,:,:
; 1st mortgage 3%s, series E, due 1963
Jan 1, 1945
Central States Edison, Inc., collateral trust bonds
Union Terminal Co.
11- 3
;
12-
.11-10
1
,-$1.
11-3
11-15
20c
of
Barnsdall
1077
Cincinnati
12-15
llrl5
■
12-
a
25C
Iquar.K;
(year-end)
1
12-
$1.75
iquar.)——
(resumed)
Common
1395
—NOV. ;;T
'
(quar.)i—
B/G Foods, Inc.,
1523
.
11-30^
12-1
'75c
■
—
—
AA
Inland Steel
11-18
•
Co.,
Ingersoll-Rand
11-18
(interim)
4'?/
conv.
preferred (quar.)—
;
Autocar Co., new preferred (quar.)
1522
series C
l951
B
Armstroxig Cork,
1290
gold bonds, series B, due 1957-Nov. 1
Niagara Electric Corp.—
debentures, due 1950-1952,.;
—i.—-Nov : 4/
Canadian Canners, Ltd., conv. 4% 1st mtge. 4s, ser. A,
-
Class
Bank
1st lien and ref. mtge.
Buffalo
12-15
12-22
25C
Stores, common (quar.)
;
514preferred (quar.)
——u
Hudson Motor Car (quar.)
i
Hussman-Ligonier Co., 5 la ih conv, pfd. (quar.)
10-23
12- 1
11- 1
—
Common-,(quar;)'
1179
1968^^——kov -i
50C
65c
Howard
:
10-23
10c
preferred
;Tic '.preferred
20-yr, 4'A bonds, series C, due 1957—
Avery (B. F.) & Sons Co., 5% notes, due 1947
Birmingham Electric Co.— V-'
•
■ ■' /•
—
•
8
12-15
12-1
Anchor Post Fence Co., 6',<> preferred, (quar.)
Animal Trap Co, of America Inc.—
1626"
1179
1st mtge.
12-29
12- L
(quar.)
American Re-Insuiance CO. (N. Y.)
American Superpower, $6 1st pfd. (accum.)
American Tobacco, common (quar.V-—
1521
—.Nov 10
Co.
Helena Rubinstein.
11-15
;
Common
Armour & Co. of Delaware—
bonds, series B, due-1955
11-30
.
5preferred (quar,)„
Graton & Knight, $1.80-prior pfd. (s-a)
7'b prior preferred •<quar.)
Great Northern Ry., preferred (quar.).
Hamilton Watch:Co., 6(4 preferred (quar,)^
Hayes Industries, Inc-^—
Hearn Department Stores, 6'4
pfd. (quar.)
12-1
—
-
Date
•
&
International Silver
20c
.
11-
1-20
1- 2
11- 1
11- 1
1-15
.
— —
Company and Issue—
.
■Powers'
$6 preferred
(accum.).
————
$1.50
$7
preferred
(accum.)i
i.—$1-75
AmericanGeneral Corp.,
$3 pfd, (quar.)—
75e
American, Metal Co., Ltd., common
25c
6'«
preferred (quar.)r—w——$1.50
American Paper
Goods
<quar.)_—
60c
American Radiator
&
Standard
Sanitary— - 1
.
.
—■•
American & Foreign
7
Allegheny Ludlum Steel Corp., 7% preferred stock——Dec
1
Arkansas Power & Light Co.—
'
1st •& ref. mtge. bonds, 6% series diie 1956—_i—Dec
1
1st & ref. mtge, bonds, 2.88% series due 1956_— Oct; 30
1st & ref. mtge, bonds, 2.73'A series due 1959——Oct 30
10-31;
12-15
_
—
———————————NOV
1.1-15
;i:$2.50
10-14
11-15
—
—-
Extra
'
mtge. 20-yr. 4%
-
.
due
A,
ser.
40c
(quar.)
common
Power Coi-p.,
Common
of Rec.
11- 3
12-22
11-
.11-15
50c
7%\ preferred (quar.) —
Brewing, (quar.-V
Good Humor Corp. <year-end)Goodall-Sanford, Inc. (initial quarterly)—'
Goodyear Tire & Rubber Co. of Canada—
Holders
Payable
3,
11-15
11-25
,
$1
,
.
When
:
100"?'
95c
Kid Co. (quar.)
;
25c
Corp., common—.25c
5preferred (quar.)
$1.25
Altorfer Brothers, common—5c
$3 preferced (quar.) ^w——75c
American Airlines Inc., $4 V* preferred——_
$1.06V4
American Automobile Insurance (St. Louis)—Quarterly
' 25c
American Barge Line Co, (quar.)
;
—
15c
•
England Theatres, Inc.—,
1st mortgage bonds, due 1958
—
;
Nov 24
Revere Copper & Brass," Inc., 1st mtge. 3'AS, due I960—Nov 15
Roos Bros., Inc. 6%% preferred stock————Nov
1
Superior Oil Co, (Calif.), 3Va/V:debentures, due 1956—Nov
1
Sylvania Electric Products, Inc., VAti debs., due 1957_Nov
1
Warren (S, D.) Co., 1st mtge. 4Va'A bonds, due 1952
Nov
1
11-
50c
.
„
Share
,11-2011-24
11-15
'
■
Allied Stores
■
Poli-New
1st
Company
Bearing (stock dividend)
Allegheny Ludlum Steel (year end)
—
'12- 1 '
;
12-20
Goebel
are:
Per
Aetna Ball & Roller
1402
'
—Nov 24
1959_;
.—Nov
1
Metropolitan Building, Ltd., 1st mtge. 5s—.i--,.—___Noy 15
Minnesota & Ontario Paper Co.—..
1948
■/
•
,
"•
1080
Litchfield & Madison Ry., l3t mtge. 5s, due
J.)
General Cigar
Industrial and Miscellaneous Companies
1295
1527
Fuel
■■
The -dividends announced this week
1184
1
1
Wisconsin
:
^
10-31
U5C
■
Screv/ .'Works-.^-.-.'-._„_-.-._„_—
(J.
Gamewell 'Co. ;
announced, but
1525
1
tSlYuC
■
■'
Extra
"General Corporation
in the week when
our
11-14
.
12V2C
Extra
V'
Investment News Department"
declared.,
■
1079
1525
in
11-15
1
10c
Class
second table in
a
which have not yet been paid.
Further details and rec¬
ord of past dividend payments in many cases are given
1732
mortgage 5% bonds, series A, due 1950—Nov
Co.
'
Fuller" Brush
are
week.
12-
11-25
„
preferred'.'(s-a)
'Federal-Mbgtil Corp. (quar.)
grouped in two separate tables.
In the
bring together all the dividends announced the
current
,11-15
.
'
7/0
preferred (quar.)—
Freeport Sulphur (quar.)
first
11-15
12- 1
:j.-300
5 %■'
Felin
:
11-15
12-1
37V2C
iquar.).
Bridge Co. Ltd.
—
Federal
531
Houston Natural Gas Corp. 1st mtge, 4s, due 1955—Nov
International Rys. of Central America 1st mtge. 5s—/-Nov
(quar,)--^..^-..,-...,^
11-15 )
1
12-, 1
25c
Extra
Co.—
Iowa Public Service Co., 1st mtge. 3%s, due 1969
Extra;"
;
.
Firestone-Tire & Rubber Co., 3% debentures, due 1961—Nov
Florida Power & Light Co., 4Va Yo debentures, due 1979-Nov
1
Gayiord Container Corp., SVz'/b conv, preferred stock—Oct 31
Great South Bay Water Co., 1st ref. mtge. 5s, due 1949-Nov
1
Hamilton Mfg. Co„ 1st mortgage 5s, due 1936
Nov
1
25c
Co.
»
1
12-
•
$1.25
Federal Bake Shops,
977
—Dec 30
1
1
(quar.)—
Extra
1673
1730
'
25c
.
Extra
Service
series B, due 1966——-Nov 13
Century-Parkway Corp., general mtge. 6s; due 1956—,-Nov 10
Chesapeake & Ohio Ry..—
v
:
Ref., &, improv. mtge.r 3 Va % bonds, ser. D, due 1996_Nov
1
Crowley, Milner & Co.,.5'/2% debentures-dated 1933—-Nov
1
Eastern Car Co., Ltd., 1st mtge.. 6s, due 1952,.
Jan 1,1945
Houston Electric
6
12-
25c
'.
Fairbanks Morse. &
1289
Dividends
% debentures due 1954_Nov
8-
Florida
bonds,
Federal Water & Gas Corp., 5 V%
8-15-45
Raynolds, class A (quaD„„
Certificates of; beneficial interest
Ex-Cell-O Corporation (quar.)_-.
1565
.
.
bonds, due 1962—
Corp.—
50c
&
Extra
„
'1
Walgreen Co.,
■
Nov
5
Company tinitial- quarterly)
Dwjght Manufacturing Co._„_
East Sugar, Loaf Coal (special).-..
Employers- Reinsurance Corp. (quar.)
Erie Railroad; Co., common
Co.—?
Co.,
>
5 j
Drackett
1531
Jan 2,1945
——
Pacific
3
63
5-
Dominion. Envelope & Cartons: (Western)—
7'.o
preferred (quar.)
Dominion Stores Ltd. (increased quarterly)
-
..
—
Corp.—
3%%
312-
Dominion
.1522
Central
10-27
11-15
5-15-45
preferred
Diamond Match
-Association of Franciscan Fathers of the State of Illinois—
Atlantic Coast Line, RR. 4%,.bonds due-1952' (Louisville
11-10
50c
50C
■
Trustees of Indiana
Page
_
11-
35C
•
11-20
50c 2-15-45
Class B
1530
1
University—
1st mortgage building bonds (Student Unions)——Nov 15
1st mortgage Hall of Music bonds
Nov 15
i741
Fartial redemption
Date
11-10
11-24
25c
5'a
19G8
United States Steel Corp., serial
Company and Issue—
of Meo
;
25c
(quar.)
1299
Joseph of the Diocese of Peterborough. (Ont.)1-^
Union Investment
Algoma Central Terminals, Ltd.—
'
.Debenture stock-and bonds, due .1959————_i.Noy;30
American Viscose.Corp., 5% preferred. stock—Nov
1
1
American I. G. Chemical Corp., 5%% debs., due 1949—Nov
Arkansas Power «te Light Co., $7- preferred stock-——Nov 15
(quar.r—Corp._._;.i_._„._.
(quar.)
,
.
gold bonds—Central Pacific stock coll. due 1949—Dec
Southwest Telephone Co., 1st, mtge. 6s, ser., e, due 1947-Dec
v
—
Co.
preferred
Devoe
—...
4 %1
■'-*
——Nov 15
Springfield City Water Co., 1st mtge, 4s, due 1956——Nov 16
A.)
5'>■ preferred '(quai.)
1529
,
4Va1b
4■+'-
(L.
5',?■', preferred
Nov.
Corp.—
of Northern Illinois—>
Co.
mortgage
1524
'40-jFr. guaranteed gold trust ctfs,, series E, due 1952—Oct, 31
Holder
When
Payable
.
'
& Electric Corp;j.._'„„„__
Detroit-Michigan. Stove-Co., 5'.<- pfd. iquai'.l
.1529.
(E. u) Co., Ltd.—1st mortgage and collat. trust debentures—Jan 1,1945
Schoenstadt (H.) & Sons, Inc., 1st mtge. 6'A bonds-.
Dec
5
Page
1
Per
Share
;
,.
'Derby Gas
,
*————
Public
■'
mtge, 4 % bonds, due 1950 -Nov
Name, of Company-
Davidson Chemical
1082
.
1627
-
'1
V.
Ruddv
.■
:
-NOV
■
Asjuncioii Port Concession Corp., 8% debentures,---. ._Nov 21
Blumerhthal (Sidney) & Co.; Inc., preferred .stock
-Oct 31
Dayton. Union Ry», 4% mortgage bonds, due; 1949— -Nov 15
Poll-New England* Theatres, Inc.-11st mortgage bonds, due 1958
due 1952—
5rb .debentures, due 1945—,„„Nov .1
Ox'egon-Washington RR. & Navigation Co.—
1st and ref. mtg, 4^ bonds, series A and B, due
1961
—
Jan 1, 1945
Ozark Power & Water Co.,. 1st mtge, 5s,. due 1952—Mar 1,1945
■
OF TENDER
.Pennsylvania Co,—'.
West
Seventeen
1st
NOTICES
...
'
'•
-•
One
preferred and common 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."
.
v.
''
,'__Nev 24
1st mortgage, bonds, 4'VV series of 1937, due 1967
-1st mortgage bonds, 4'A series of T935, due 1965-^
bpnds, notes,
■
•.;
New
Nivene corp. 1st mtge. loan ctis.
Ohio Edison Co.-—
' ■
1897,
I
35C
12-
2-1
12-
9
11-6
1-15
11-20
U-
1
1
11-15
11-25
■'11-10
12-
Payable
Share
of Company
Name
When
Per
11- 6
11-25
,,
11c
6c
11-25 Y 11- 6
11-25
11- 6
Series——-——-
27c
11-25
11-6
Wayne
—7c
Series
1
4c
Business Equipment Industry Series—,!i,
12c
Chemical Industry Series,--;
1,
——
6c
Electrical Equipment Industry Series—
11c
Food Industry Series—
,1
15c
11-25
11-6
West
11-25
11-25
11-25
11-25
Industry Series
Automobile
Industry
Aviation
Series,
Stock
Bank
—
w-,
,
When
Per
;
$1
Lithograph (resumed)-,,,
Co,' (quar.),,j.__,_,_i,,
Universal Laboratories, $2.50 preferred (quar.)
Printing
S.
Universal
17c
Agricultural
Industry • 'Series-—w,-,,,'....,, •
Alcohol'& Dist. Industry Series-.—,-——
■
,
U.
"
Stocks, Inc.—■
York
New
''
•
Payable
Share
Name of Company,
of Pec.
Holders
&
12- 1
12-1
25c
Insurance
12- 1
(irregular)—75c
Co,„_—
50c
12-1
Pump
Indies
Sugar,
25c
1- 2
12-12
12-12
12- 2
50c
$1
$1
35c
30c
,
12-15
11-29
11-29
12-1
11-14
Buckeye Steel Castings,
11-18
12-23
12- 2
11-15
11- 6
11- 6
11-10
10-30
11- 8
11-30
12-1
Co.
D.)
11-25
11"25
11" 6
11- 6
11- 6
California
14c
12c
17c
14e
$1.50
11-25
11- 6
11-25
11-25
11-25
12- 1
12- 1
11- 1
11-1
1- 2
11- 6
11- 6
11- 6
11-20
$3 preferred (quar.)
California Packing Corp.,. common
Series
Metals
——*—•— ,*--*•
Oil
Railroad
Series
Railroad
Equipment Industry
————-——•
Series—
Industry Series,,—
Steel
Series——
Service, 6'in pfd. (quar.)
<quar.),'-y~—
$1.75
Noyes (Charles F.) Co., common
$1
6'A*
preferred (quar.),,—.,■■■.22%e
Ogilvie Flour Mills, Ltd. (quar.),—*25c
Oklahoma Natural Gas Co.—
"
- "
Common (increased quarterly)——,——
50c
4%% preferred A (quar.)
—.
59%c
Okonite Co., etf preferred (quar.);
—$1.50
Orange County Telephone, 6T pfd. (s-a)—"
$3
Industry
Tobacco
Northwestern Public
preferred
7tv-
Co.,
Elevator
S'.i
Insurance Co,
Fire
Pacific Gas & Electric Co.,
Co
:
—
(initial),,—
Meter Co.—
Pitney-Bowes Postage
20c
$1.50
40c
25c
$1.33%
Service
12- 1
11- 1
11-15
60c
,
l00',o
$1
41%c
50c
58%c
40c
:
Year-end
,
12- 1
12- 1
12-1
12- 1
11-15
11-15
11-15
11-15
12-1
11-15
Quaker State Oil Refining, common...
Reading Co., 4fF lst preferred (quar.),,'—
Reliance Grain Co. Ltd., OVz'I'o pfd. (accum.)
25c
50c
12-15
12-14
11-29
11-22
$$3.25
12-15
11-30
(quar.),,
$1.12%
1- 2
1- 2
Remington'Rand,. $4.50 preferred
Common
(interim)
30c
•:
Republic Drill & Tool Co.—
55c conv. preferred (quar.1334c.
Rheem Manufacturing Co.
(quar.)
-a—25c
Rochester Gas <fe Electric 6(4 pfd, D (quar.)
$1.50
(Helena),
Rubinstein
Class
Iron
Rustless
Extra
preferred (quar.)
Sagamore Manufacturing Co
St, Louis Car, 1';b
preferred (quar.),,——,
St. Louis Refrigerating & Cold Storage Co.—
$2.50
11-24
11-15
12- 1
12-11
1- 2
11-15
11-28
12-15
11-1
12- 1
12- 1
10-25
11-15
11-15
62'-2c
$1.50
$1.75
12- 1
10-31
11-15
10-24
10-21
(year-end),:—-—;
Steel Corp., com. (quar.)..,
„,„:Y
&
10-20
12-15
12- 1
Milling
Russell-Miller
11- 1
conv,
.
11- 1
;
•,.
;
12- 5
12- 1
1- 2
1111-
12- 1
11-15
121/ac
ll- 1
Petroleum
(quar.),
American Book
$3
$3
-
(irregular),,,,—.
(quar.)
Corp.
'
(optional dividend series
(accum.), 3a share of class B
class A
1928)
1928
series of
div.
opt.
A
class
conv.
.
Payable in cash or l/16th share of class
stock
b
class
$2.75
Y'4
div.
opt.
A
25c
(quar.)—
common
10-31
10c
12-1
10-27
11-15
10-20
25c
.
10-20
11- 8
11-14
$1.25
preferred AAA (quar.)—,.—•
Shakespeare Co. _—___—■,
—
11-1
12- 1
75c
L—„ —:.
5(1
Signode Steel Strapping,
11-15
11-8
11-8
10-30
preferred (quar.)——
:—I——62*/2c
City Stock Yards, eommon (quar.),,,
37%c
$1.50 partioiiJafcing preferred (quar.),,37V2c
Solventol Chemical Products Inc.
(irreg.).,,,
10c
11-15
10-28
10-28
11- 8
10-20
10-20
11-15
5c
Soundview Pulp Co., common (quar.),,—30c
6 c/o
preferred (quar.)-,,,,-—;..
$1.50
12-23
11-25
11-25
10-31
11-30
11-15
50c
75c
11-30
11-15
12-15
12-15
11-15
11-15
1-15
12-15
12-15
1-11
12- 5
12- 1
$1.50
75c
$1.62y2
31»4c
12V'2C
12-15
12-1
12-15
3.2-1
12- 1
12-1
12-1
: 12- 1
11-15
11-15
11-15
11-15
11-15
11-6
11-6
11-10
11-13
25c
12- 1
t3c
1-15
1-15
___
$3c
20c
40c
—
25c
25c
dividend
Stock
5 c,i
.
$2.50
Sioux
Sonotone
Corp.
Bend
South
—
Works,
Lathe
.<
Co., common, (irregular) ,
(quar.)—
—
Life Insurance Co, (Dallas)—
Railway
Southern
$1.25
.preferred
57a
Southwestern
Quarterly
————.—
'
Sparks-Wlthington, 6c,'o conv. pfd. (quar.)—
Spiegel, Inc., $4.50 conv. preferred (quar.),,
Standard
Brands
35c
$1.50'
$1.12Y2
25c
Inc—
Standard Cap & Seal, $1.60 conv. pfd. (quart)
40c
Standard Oil Co. of California (quar.)—50c
Stewart-Warner
Corp.
Extra
25c
(s-a)______———_
25c
i
Stratvbridge & Clothier, 6 7^. pr. pfd. A (quar.)
Stromberg-Carisoil Co., common (year-end),
(quar.),,,,,
Struthers Wells Corp., $1.25 pfd.
Sun-Kraft Inc., class A (quar.
preferred
6V2 'So
Swan-Finch
Oil
;
(quar,),,,
Corp
Sylvanite Gold Mines, Ltd., common
Bearer shares (quar.)
Talon Inc., 4r4 preferred (s-a)-,__
Tampa Electric Co
Texas Pacific Coal & Oil (s-a)—.Extra
Textron
Inc.,
Thompson
$2.50
prior
(John R.)
preferred
Co
•_—
(quar.)
.
62J/gc
25c
(quar.)
——
11-15
11-15
12- 1
12- 1
11-1
11-15
—25c
——20c
20c
Traders Building Association Ltd.
(quar.),,
:j:$l
Twentieth Century-Fox Film, com. (quar.),
50c
Extra •'
^
25c
11-15
12- 1
12- 1
11-6
37M»c
$1.12'/a
25c
.50c
$1.75
12-15
12-15
11-10
11-14
11-14
12- 1
12-13
Extra
Tidewater
Associated
Oil
1
Year-end
^
preferred (quar.)
preferred (quar.)
—
Union Storage Co..
*——
United Engineering & Foundry Co., com
$1.50 convertible
$4.50
1c/r>
prior
(quar.)^.
$7 preferred
preferred
United
Gas Corp.,
United Merchants
&
,■
(accum.),,,
(quar.),
Manufacturers
J
$3.50
50c
12-15
12-15
11-15
(accum.)
$1.37V2
_
stock
474
non-cum.
class
A
4In
non-cum,
class
class
A
—_
A
non-cum.
4(4
7(4
non-cum.
class
prior preferred
A
(quar.)
11-1
6(4
Light
(s-a)
;_j—_
12- 1
62(40
12-1
Castle
20c
11- 1
11- 1
11- 1
Ll- 1
11- 1
11-15
11-15
12- 1
12- 1
11-30
10-31
1- 2
11- 1
11-1
11- 1
Viscose
5.(4-
preferred
Corp., common
& Snielting Co.—
American Zinc Lead
(quar.)
i-2-45
11-30
preferred
$20c
(s-a)
$$1.25
10-31
:
preferred
574 74
Chicago South
$2c
12-21
11-10
11-15
1CN
1
12-
1
11-
1
41.(4 c
II-
1
10-16
11-10
KN30
'
11-15
10-11
25C
10-31
10-11
wi
$1.25
11- 1
(year-end )(.,__
25C
11-30
11.-15
—
..
Y.
$1.50
ii-1
$1.75
11-
1
10-14
75c
11-
1
10-14
12-30
25c
12-11
10-23
1-1-45
12-14
—
—
'
10-17
10-16
10-16
preferred
5%
5(4
Coal
Corp.,
$4.25
r
10-20
IG-IO*
12L.C
11-
1
10-10
25c
12-
1
11-15
$1.25
preferred
(quar.)
Corp., common,—
.,4
convertible preferred (quar.).—
20c
32c
Atlas Powder Co., 574 preferred (quar,)—
$1.25
Aulfc & Wiborg Proprietary, 5(4(4 pfd. (quar.) $$1.37y2
Austin Nichols & Co., $5 class A (accum.)__
$2
Automatic Products Corp. (quar.),—,—10c
Avondale Mills (monthly)
—7c
Monthly
:
7c
$1.25
Babcock
&
Co.,
Wilcox
Bank
of
H.)
Co.
^
Paper, class A
50c
$15c
-ISCaC
(initial),
Scotia
Nova
(W.
Barber
quarterly)——,—
finitial
of Montreal
Bank
Y
——-
—25c
(quar.)—,
$25c
Heminway" Co.
Berland
Shoe
11- 1
11- 1
ll-io
Best
ll-io
$1.75
pfd. (quar,)— " $62y2c
Blumenthal (Sidney), Inc, common (initial)
20c
Bohack (H. C.)
Co., 774 1st pfd. (accum.),
$1.25
7(4 1st preferred (accum,.)
$2.25
7<4
1st preferred
(accum.)
—;
$1.25
Power &
Packing
Co,
$1.06(4
S1.25
774
Binks
Manufacturing
Birtman Electric Co.,
Co.
'
.—
(irreg.)
common
(quar.)
Bon
Aluminum
Ami
&
Brass,,.
B* (quar.),
Bonwit
Teller, 5(/2(4
Booth
Boston
Fisheries $6
Edison
Boston: Fund
'
preferred (quar.),
preferred
Co.
Inc.
(quar.)•
Boston Woven Hose & Rubber Co.
Brazilian
Special
(quar.),,
Broadway Department Stores, com.
5(4
preferred (quar.)
Brooklyn
Union Gasi
9
4
10-14
10-14
10-23
10-21
11-1
10-10
11-20
10-31
11-15
11-25
11-15
12- 1
11-13
$$1.50
50c
$1.25
(quar.)
$1
:
25c
10-16'
11-15
1
$75c
12-15
$1.25
11-1
9-29
$1.87'/2
11- 1
10-14
—
Laundries Corp.—
-
-
';
v
*,
—
50c
(s-a)—.
11-15
10-16
convertible preferred (quar.)
$3 preferred (accum.)—
Container Corp. of America (irregularlyContinental Oil Co, (Del.)
(quar.),
;
Continental Telephone Co.—
;
774 participating preferred (quar.),,
6(4-74 preferred (quar.)
—
—
•
•
(W. B.)
Drug
Co.,
11-20
11-
4
12-26
12-
4
$1.75
1-2-45
$1.62'/2
I-2-45
12-15
25c
11* 1
10* 7
II-
1
10-
11-
1
10*20
11-15
10-14
60c
$50c
5C
Manufacturing Co,
Power &
preferred
1
10-20
11-25
11-
1
$3
1-4.46
11-15
io-20
12-
1
'
40C
(Mo.),__
U-24
12-20
pfd.
11*
3
$1.75
Dallas Railway & Terminal,. 774
Davenport Water,
Davidson
Brothers,
1
10-23
Deerfield
Packing Corp.
10-
Delaware
Power
preferred
Inc.—
(quar.U—,
■
;
(stock dividend)
Light Co.—
—
1
10-17
11-
1
10-20
$1.25
pfd. (quar.)
10-17
11-
$1.75
(quar.)'
14- 1
$1.50
Light 774
&
11-
12-15
(quar.)
574
10-20
37 (2c
Class A prior preference (s-a)
Curtis
8
1
$.1.12 (st
;
.
Dallas
6
12-
11-
10c
(extra),,
common
(quar.)
preferred (quar.)—,
Cunningham Drug Storesr—
4y2-<4
674
12-6
11-
12-18
$3.50
Press
Cuneo
12-15
11-15
$3
—,
—
Culver & Port Clinton RR.
7
$2
preferred
Forster, 874
preferred (s-a)^_,
12-15
43:!iC
j.-,,
(quar.)
preferred (quar.)
Cudahy Packing Co. 674 preferred (s-a)
774
11 rl7
10*16
$1,75
common
3
1
1
30C
(quar.)
convertible
774
11-
1211-
75c
.
Exchange Bank & Trust (N.Y.) (quar.)
Cork & Seal Co., Ltd. (quar.),,_
Crum. &
11-15
$1.50
.
Co., common,,
774- preferred
31-20
1
31 (4c
$1.25
Coon
10-16
12-
50c
common,—,—
11-15
25c
(quar.)—,,
Paper
Vultee Aircraft,
10-20
7
10rl6
ll- 1
of New York Inc.—
10-20
11- 1
4
11-
■
(annual),,-•
10-17
11-
ii-
11-15
Securities
(quar.)—
1
11-
12- 1
37 Vic
11- 1
11-1
1
1
$1.50
Consumers Co.,
$6
(irreg.),
12-
12-
50c
Crown
1-31
1
37 Via
Diversified Standard
preferred
10-31
10-31
10-31
11-1
11- 1
11-25
$5
11-30
12-
11-10
llr 4
(quar.),,
Crown
12-20
50c
pfd,
(quar.)
$2.50 non-cum. pfd.
.
Corn
50c
Light & Power (interim)
British Columbia Telephone Co.—
6 74
2nd preferred (quar.)
;
Y.)
10-
12-21
55C
—
(quar.),,
Consolidated Edison Co.
11-20
$$1
;
Trantion
<N.
10-16
10-16
50c
12- 1
Trust
1
Tec
(quar.)
(quar..)——
11- 3
ll- 8
Bronxville
10-25
11-
$1
62y2c
68'Yc
$1.50
Co., Class A (quar.)_l.^
Class
10-20
75c
—
J4c
(quar,)
•
10-20
:
preferred (quar.)
Blue Ribbon Corp., Ltd,,. 5(4
A
Class
Class B
Consolidated
Consolidated
11-15
l2r25
-Consolidated Chemical Industries—
Consolidated
11- 1
llr
12-31
60C
$2.40
preferred (quar.),Connecticut River Power, 6(4
10-31
11-1
11-15
12- 1
11-1
11- 1
11- 1,
12- 1
11-15
12-15
2-15-45
Coniarum Mines, Ltd. (s-a)—
& Pwri, $2.50 pfd.,
12-
15c
20c
(irreg.);.
11-15
$$1.50'
10-14
$1.75
40c
60c
25c
—„—
—
10-31
50C
v
—
$7.50 preferred (quar.)
Consolidated Natural Gas
1
10- 7
Hr30
11-15
(Toronto)—
—
Consolidated
11-20
(quar.)
Life Assurance
10-14
11-
11- 1
12-1
75c
(.special)—
Publications
10-31
12-15
$7
Bohn
12-1
11-15
Nast
Connectjcut Lt.
2
1-2-45
Inc.,' common
Stores
35c
$1.25
'
Telephone, $5 pfd. (quar.);,
•>
10-20
$1
preferred (quar.)
& Company
(quar.)
1
(quar.),,,^—
Co.
1
'
Concqrd Gas, 774 preferred (accum.)
12-23
11- 1
11- 1
11- 1
11- 1
11-10
11-15
11- 1
$1
10-20
10-16
1
—,
——
10-20
11-15
11-
5
5
11-15
$1.50
(quar.)—
11- 1
12-
10-16
5
10-20
10-20
$1.63
10-
10-31
12- 1
11- 1
11-1
12- 1
12-
11-15
11-15
preferred (quar.)
Quarterly
1
12-30
10c
$1.25
•
6y274
10-24
10-15
10-24
11-15
Conde
11-
9-30
11-2
683;»c
Confederation
10^
1
1
11-15
conv.
11-15
10-27
12-
$2.75
11-15
10-23
11-
1
Corp.'—;
Pictures
12-12
(quar.)——,
Extra
6(4- preferred series A
12-12
11- 1
11- 1
ll- l
10-23
10-20
—,i
(quar.),;,—
CumUl. preferred 5(4 series (quar.),,,—
,-
4
10-20
11-
t3c
574- preference
>
10-
11-1
12 Te
(quar.),,,;
Electric com.,,,
&
Gas
40-31
25c
$1.75
$25c
11-10
Atlas Plywood
11-15
1
(s-a)„—,»v—
Commonwealth Edison
10-24
12-1
11-
common,—^———,
Commonwealth
—
11-10
12- 9
1
preferred (quar.)
Breweries, Ltd. (quar.),,,;—
10-27
$2.50
$1.50
$2
Atlantic Macaroni
(quar.)—,,,,,———
$1
Extra
——y,
$1
Atlantic Refining Co., 4(4 preferred (quar.),
$1
Atlas Imperial Diesel Engine
—25c
11-25
12-23
11-
(quar.)—__i—
preferred
Clinchfield
10-23
(year-end),,—
7
12' 2c
City Stores, common (initial quarterly.),,
674 preferred A (initial quarterly).—,,,
Clearing Machine Corp. ..(quar.),,4.,r—
Cleveland Cine, Chicago & St. Louis—
10-
(Conn.)
6
$1
11-1
Coast'Line
7
9-
(Chicago)~Y
$1
Atlantic
•6-
$1(4
(quar.)
City National Bank & Trust Co.
(J $1.50
4
3-
7-14-45
5c
—
——
10-15
,
12-7
25C
—_/
Cincinnati New Orleans & Texas Pacific Ry.—•
6
12-15
10-20
11-
5C
Common
9
4
1
1-15-45
4-14-45
Cincinnati Advertising Products—
10-24
10-
11-
25c
50c
——
Quarterly
Columbia
■
31(40
10-25
12-15
Franklin CoaL-,'
(quar.)
■(•.'. 11- 1
,12- 1
"
10-25
10-31
:
25C10-15-45
Oil
Cotton
preferred (quar.)
Columbus & Southern Ohio Electric—
-
10-14
10-31
2
RR.—
South Bend
&
Shpre
1
30c
$1.25
$1.62 1
(quar.);,—„
11-1.5
10-17
12-20
37 (ic
$1.50
common
Chicago Wilmington &
Chickasha
11-15
3
10-10
10-14
25c
,
4
10-
1
5
$50c
,
(quar.),—,,,
10-16
Telephone Co., Ltd.—■'
1(N
10-30
11-15
preferred (quar.)——_
Atchison Topeka & Santa Fe Ry._—
Atlantic City Electric. 4(4 preferred (quar.)
Atlantic Coast Line RR., 5 74 pfd. (s-a)_„_
Common
fyear-end)
F_—
10-16
1
11-30
Colgate-Palmolive-Peet Co^. common
$1.25
1
11-
11-10
15c
Associated
11-
$10c
.1.25C
(quar.)—,1
Cockshutt Plow Co.
—
ltv
_i„,a,
(quar,)—
preferred
Coast
Y—*
1
10-31
Columbia
—
12-
30c
$6.50
Cherry-Burrell Corp.,
10-20
11-
9-29
Ltd:—
50c
12-15
(s-a),——
1
9-29
12 >2C
10-16
Oil Corp.
11-
(quar.)_,,,„,—
12-22
11-15
Extra
1
(quar.)
12-22
Argo
1
12-
10-31
(quar.)
11-10
(s-a)
1L-
25c
$3
25c
preferred
1
10-20
12-
1
10.-16
12-
$4C
Appalachian Electric Power—
'
4j/2(4 preferred (quar.),—$1.121/a
Arcade Cotton Mills, common
$1
6 74
11-15
12-
Chain Store Investment Corp.—
10-17
11-
1
$20c
Central Pwr. & Lt. (Mass.), 6(4 pfd. (quar.)
774 preferred (quar.),,
Cerro de Pasco Copper Corp.,
;
Chain Store Products, $1,50 preferred' (s-a)
10-10
11- 1
1-
$50c
.
(quar.)—
Products
11- 1
12- 1
11-17
9-25
$62 C2C
Ltd.,,
(quar.)_4——
Steel
Ohio
$68%c
Belding
11-13
preferred
7(4
15(4
10-10
10-31
(quar.)
(quar.),
10-15
Anglo-Iranian Oil Co., Ltd.—
Ordinary (registered) -, (final)——
1
(interim)
York Power Corp.—
New
10-31
$15c
1
11-
$S1
,Corporation, common-
10-13 *
—
11-
$75c
Trust
Mines
Ltd.
Co.
&
11-11
11-6
11- 6
1- 2
M.)
11- 1
Beech-Nut
11-13
2-10
5-10
8-10
$37'2c
Ry. Co., ordinary,—,,,,,
V'a (4 preferred (Initial quar.)
12- 1
11-s 3
11-10
11-15
10-18
10-31
10-31
ll-io
11-.10
10-25
11-15
11-15
11-15
11-15
11- l
11- 3
Co.'s,
preferred
5(4
8
30-17
9-30
12-13
$$1.25
30c
Y $3.50
Metal,
Class A
(A.
5(4
Y
(accum.),,__4—$1.25
preferred
$5
Ampco
1
10-10
(quar.
10-14*
(quar.),—,30c
(quar.),__
50c
(quar.)—
$1.25
Stove
American
11-
i-1-45
$85c
50C
11-15
Co.
American
10-16
10-31
$15c
Pacific
11-15
Bathurst
50c
12-15
50c 3-15-45
50c 6-35-45
50c 9-15-45
$1.75
11-15
(bi-monthly)—30c'
American Safety Razor Corp.
(increased) .—
75c
American Ship Building* Co., common
$1
7(4
non-cum.
preferred.
$3.50
American Smelting & Refining, com. (quar.)
50c
7(4: preferred (quar,)—$1.75
American Stores Co. .'
25c
1
1
'
Corp.,
InternatT Investm't
Carrier Corp.y 4
10-16
11-
News Co.
American
11-
12-
(quar.)
Industries, class A (quar.),—
Oil
11-25
.■
10-31
50c
"
10-25
Co.,
11-15
37'2C
(quar.)_,_,„_
Investment
Malartic Gold
Central
11- 1
30c
3714c
ltF-31
Investors Corp
10-16
12- 1
Class A,„——,,,
$t
—.$2.50
American-Marietta
Products, Ltd.
Canadian
Central
50c
(quar.)
10-31
$$1.25
(quar,
(accum.)
Investment Fund
10-11
$1,25
(monthly)
Traction, com. (quar.),,
&
preferred
10-31
11-15
10-26*
10c
American Home Products
10-15*
$$1.25
Canadian
10-27
$1.75
partic. preferred (accum.)
—
Envelope, 7(4 preferred (quar.),,
.American Export Lines, 5(4 pfd. (quar.),,,
American General Corp., $2 pfd.
(quar.),—
$2.50 preferred (quar.) _i„,———x-y
1
11-15
(quar.)—
Co.
Canadian
10-20
1
11-
11-15
preferred
6(4
30c
12-
10-15
75c
:
(s-a)
Champion Paper & Fibre, common (quar.)
American
10-10
1
37'2C
(quar.),,
common
Canadian
.
10-14*
American Electric Securities Corp.—
American
B
1
12-15
C2TC
:
,•
11-13
United States Leather Co.-—
474
11- 1
11-
11-
37(4C
(quar.),:
Canadian
,
12-15
1936
of
series
Ass'n
pfd.
Industrial Alcohol, CI. A
(interim),
5(4
Payable in cash or.l/8th share of class
11- 6
12-10
12-10
—
10-10
$$1.50
(quar.)
Foreign
Qlass B
'
.
.
Bronze,
preferred
Canadian
•
11-1$.
common.———_
1
$1.50
(initial quarterly)
$3.40 conv. pfd.
Food
i.
.
$1.50
(accum)
;
11- 1
75c
12-23
Co.,
10-10
11-
of Commerce-
($10 par)
Celotex
cash
or
12-23
—
10-17
11-1
J20c
<quar.)_„_,_:
B
Insurance
Bakeries 5(4
Canadian
/
10c
Inc.
Fire
Caterpillar Tractor Co.
12%c
Servel,
10-31
11-1
11-14
11-15*
75c.
25c
50c
75c
(quar.)
Co.
Can
conv.
of
Co.
(quar.)—
——31 Vac
Security Insurance.Co. (New Haven, Conn. )—
Quarterly
———————.
35c
Sherwin-Williams
preferred
Class
10-17
5(4- preferred
(quar.)
Amalgamated Sugar,
Anglo-Canadian Telephone, 5(2 (4 pfd. (quar.)
preferred
11-21
t-37c
—
Canadian
2
10-25
Savage Arms Corp.
•:—'.
Securities Acceptance Corp., com. (quar.)—
74'
Converters
9
10-20
6ft
6
Camden
11-15
10-20
Ltd., common I quar.)
■
■
t$2
6 74.
preferred (quar.)
t$1.50
Amalgamated Leather Cos., 6(4 conv, pfd._^
75c
6(4 convertible preferred (accum.$1
11- 1
Bolt Co.,
10-20
»
preferred (quar.),_-_,,_i„,,__—1—'
California Water Service, 674 pfd. A (quar.)
12-1
Aluminum,
10-31
(s-a)
7pfd, (quar.)
preferred
partic.
Louis Screw &
11-1
(quar.
Power
Electric
Canadian
4
10-20
6
$1.75
$1
10-
10-31
,
11-15
75c
Canadian
11- 1
$3
$3
$1.75
St.
1-2-45
12-;5
11- 1
;;
Inc., 674- preferred (s-a),,-,
Amsterdam City National Bank (quar.),,—.
Common
11-15
11-15
12-1
(irregular
Mills
Canadian
10-13
12-21
Preferred
V
30c
15c
15c
common,,,
(quar.),,,^
A
■
$1.25
50c
25c
(quar.),,,—/,,y—
preferred series E
57o
3
12-11
12-11.
1
1
$1.25
(s-a
Cctton
5(4
10-20
25c
10-20
65c
preferred (monthly)xi.-,:
preferred (monthly)
preferred (monthly)
Purity Bakeries Corp
5r:b
O'i
10-12
•574"
.
:j%>
1
1212-
partic.
Canadian
Holders
12-20
.
Cement__4,__'4_^_;,y,,,,__^
Portland
Aluminum Co. of Canada,
B
f ;
11-1
11- 1
12- 1
12- 1
5% pfd. (quar,$$1.25
Alpha
11-13
1- 2
11-15
11-15
of Colorado—
Co.
'.Allied .Mills,. Inc
Aloe (A. S.) Co. fquar.)
American
12- 5
12- 1
dividend Y-——
Princeton Water Co. IN. J.)
(quar.)—__•„_
When
■
American Cities Power & Light Corp.—
12-5
—25c
lO'/e
Stock
Public
preferred
—
Allegheny & Western Ry., Co., gtd. (s-a)___
11-15
ll- 1
11-15
——„„—.
7(4
11-10*
11-10*
11-1
America,
of
Water
American Bosch
11-20
11-
40C
<
Canadian Breweries,
of Rec.
$1.25
$1.50
$1.75
$3
' $1
50c
$5 preferred (quar.) ___
Service, $6 preferred,——
12-20
li-20
11-20
2nd
New
Payable
50c
Corp.
Power Co.,
Alabama
stock
Meter
Equipment
Co.
1-15
'.$1.25'
Mills, $1.50 1st pfd. (quar.),
preferred (quar.),__^_,„
Calgary Power Co., Ltd. 674 pfd. (quar.)J,,'
Companies
Share
'
Per
Adams-Millis
'
——
Stock dividend
Potash
12-1
12- 1
12- 1
11-25
12- 1
10c
Extra
Pittsburgh
Company
Amerada
r„—10c
(quar.)
Common
1-15
$1
$1.75
•.
—
common
preferred
$4
Name of
Miscellaneous
and
Industrial
11-15
.(quar.)
Ltd.—
(Holding)
preference
5Va'/a
80c
Canadian Bank
10-30
11-15
10-23
(quar.),,—,——.,1,,
Wireless
&
Canadian
12- 1
12-1
12- 1;
12-1
1
Caldwell Linen
paid.
The list does not include divi¬
dends announced this week, these being given in the:
preceding table.
'
11-15
ll- 3
10-31
11-20
11-20
11-20
11- 3
11-21
10-26
Cable
give the dividends announced in previous
we
50c
pfd. (quar.),
Philadelphia Suburban Water Co., common,
6Vo preferred (quar.),
————
Pillsbury Mills,
Below
$1.25
11-10
11-15
12- 1
12- 1
11-
Byers (A. M.) Co., 7(4 preferred (quar.)
weeks and not yet
Alabama
$1.25
34%c
$1.50
■"
Allegheny Ludlum Steel,
(N. Y.) (quar.);,
5'Me pfd. (quar.;
11- 9
12-31
12-12
preferred
5(4
California
U-21
Peoples Gas Light & Coke Co
Perkins Machine & Gear, 7f,a
Governor
Mfg.
Inc.
11-21
—
!
(quar.),,._7.,-_-_- '
(year-end)
' $1
Manufacturing, Ltd. (quar.|50c
Zeigler Coal & Coke Co.:._„,u—-4-,-4,,,—
25c
Stores,
12-20
& Reel (quar.),—25c
Common
(year-end)
25c
$5.50 preferred
(quar.)
$1.371/2 1
Peabody Coal Co., 6'/o preferred (accum.),,
$3
Peck, Stow & Wilcox (year-end)——
10c
Peninsular Grinding Wheel (year-end)-,,'-— ...:
20c
Pierce
Dental
S.)
Wieboldt
12-20
(accum.).
.
UJ-
(quar.)J!
Woods
$1.50
Parkersburg Rig
,
(S.
White
10-31
10-31
11-15
10-31
——
Oxford,,Paper, .$5 preferred
Pacific
preferred
Products
Chlorine
(year-end)—35c
common
Glass
participating
11-15
11-15
12- 1
ll- 1
preferred (quar.)—,—'
Owensrlllinois
7 74
Westvaco
.
•
Otis
11-20
10-27
10-27
11-24
Westinghouse Air Brake (year-end),4
Westinghouse Electric & Mfg. Co., common,
10-23
2-VY;4'
11-25
11-25
1J-26
11-25
Machinery Industry Series,—14c
Merchandising. Series
9c
Extra
1
50c
12c
Series—6o
Stock
Insurance
11-25
1111ll1111-
2-14
11-
common,,
preferred tquar.)
Bullock's, Inc. 574 preferred (quar.)__,^_„
Burlington Mills, common,,—
6
6
6
6
6
11- j>
11- 6
11- 6
Building Supply Industry
9-30
2-28-45
25c
6(4
Industry Series—,
13c
Public Utility Industry Series,———5c
.
11-15
10-31
$1
Brown Fence
12-11
1
$4c
Porcupine Mines (irregular
& Wire, $2 pfd. A (irregular).
Broulan
12-
50c
(resumed),
Mills
Brookside
11-15
c) Rec.
Holders
When
Per
11-15
62VaC
Payable
Share
Nam& of Company
oj Rec.
Holders
75c
(S.
Warren
Monday, October 30, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1898
7(2c
11- 1
10-25
10-14
-2<jo
11-1
10-14
10-31
10-
20C
10*11
2
-
Volume
Number
160
Name of
Mfg., 81*
debentures
cum.
Common
:
T'o
Tramway
12-23
12-15
11-15
10-31
12- 1
3-1-45
12-23
preferred-—-•«1.2ft
Derby* Oil. & Refining. S4 preferred:——
$19.50
Detroit International Bridge Co.—25c
1st,
Dexter Company (resumed)..^-—
Diamond Match, Co.,-,6(J- partic. pfeh
Diamond Shoe
Distillers
Corp.
end)
(year
45c
_
75c
30c
(s-a)__
i
Corp.-Seagrams, Ltd.-=-
$4.25
Hormel
2-9-45
10-20
11- 1
10-14
7'Jo
25c
10-30
10-20
Horn
Dixie, Cup, Co., common
25c
10-31
Mines, Ltd. (reduced quarterly)
i'30c
10-30
Quarterly-——.—
____————$30c 1-30-45
Dominguez Oil Fields (monthly)—————_
25c
10-31
10-10
preferred
(quar.)—
VV
.
Dominion &
5h,
10-14
11- 1 '<
11- 1
$30c.
10-31
10-2
4—$10c
10-31
Ltd.,-common
preference
Dominion
Malting
(quar.)
;
(initial)
Co.
$3714c
$20c
______
——
Oilcloth & Linoleum,
Dominion
lquar.lv—
(quar,)__.__;$75c.
preference
(quar.)——
Ltd,
(quar.)
_.
.
,
10-16
10-16
Extra
—
Chemical
Dominion Tar &
5*
preferred
$$1.3714
$5
(quar..
15c
(year-end)
Duquesne Brewing
11-
,11- 1
10-
Co.-—-
(quar.)
Aircraft
Douglas
12-1
Duro-Test Corporation
Eastern
_____—12V4c
Eddy Paper Corp, ( year-end
$3
Electric Boat .Co.
—'—__._V__.___.i___
25c
Corporation
,
preferred
$6
Equity
Erie
pfd.
$3
< accum.)
$5
preferred
A
Fair. (The),
6V
Fairbanks
pfd.
70
preferred
Co.,
6';;.
..
preferred
N.
Felt
Y.)
12-14
11-15
&
Curme
Shoe
Inc., common
.
Fibreboard
Products
Association of
Fire
Exrra
GO
_____
&
Rubber,
Co.
Franklin Telegraph
Wood
Gar
ti'.r
Full
1
details
found
on
•
11-15;,
11-20
11-
30c
112=15
$20
preferred (quar.)__2__—_
$1.50
12-15
?2c
10-31
25c
12-23
10-20
Kirkland
10-14
Klein
non-cum.
Lake
11-1
11-1
(initial)__
60c
Kress
Water
10-14
1
11-15
11-
11- 1
10-90
11-15
12-1
10-26
12-. 1
77o
10-26
75c
,V15c,
cl. A„_.
,
Machine,
Lane Bryant,
1
11-1
10-14
ed
11-25
11-10
&
Co.,
1
10-10
Lehigh
11-
1
10-10*
(quar. 1-1,
$1.50
11-15
25c
10-31
" ;
(accum.$1.50
11-15
Corp.
(quar.),__v
General Steel Castings Corp.—
,
Ltd.—
'
—.—
$$1.25
(s-a)-.--™..-,-—.—
25c
quar.)-2-
(quar.)—
$1,25
$1.25
Gordon & Belyea, ..Ltd,,, class A com. (quar.)
$$2
'Class -B' "(quar.)^
$40c
Granby
Consolidated
Mining,
Smelting &
Power
Co., Ltd.
(s-a)
—^—_—:•'
;tl5c
Great Lakes Dredge & Dock (quar.).
.. 25c
Great Lakes Towing, V/< non-cum. pfd. (s-a)
$3.50
(quar.):^.„—
preferred
(H.
Green
L.)
Co., Inc.
Gas
Light,
Western
prefened
5\z'.'tr
-
.
Aircraft
Year-end
Gulf
$3,50
10-14
10-16
of
class
(quar.)
A -(quar.)__
(quar.)...
a
-—a
— —
•
(A.).,
-
7%
Hartford.'Times, Inc.,
Corp.
pfd. (quar.)__:_
pfd. (quar.)__
of America.
preferred
(accum.)J
Hayes.Steel Products Ltd.
(interimtr.
Hayiian Corp. of America
(initial)
Hecht
Company,
4',4lv
preferred
(initial
quar.)
G4 preferred (quar.)_
Hershey Chocolate. Corp., common (quar.)„_
$4 convertible preferred
(quar.)
Spericer
Bartlett &
Co.
(monthly)
Moiithiy
.Monthly
Hines
lEdward)
11-15
50c
12-1
11-15
12-1
11-15
12-1
11-15
1(X
preferred
Biscuit
Co.
&
Taylor,
Louisiana
B'/z
Power
& Light
$6 pfd.
(quar.)___
i Louisville & Nashville RRf
Insurance
Lunkenheimer
Co.,
(year end)_____
(Pliila.)
(s-a)__i
preferred (quar.)_
Co.
614 Yo
10-20
11-10
Square
(quar.)
Co.—
Co.,
class
(ciuir,)_
5141c
preferred
(quar.)
12-27
12-12
New
Merchandise
York
Newberry
(J.
514
J.),
1
10-14
1-2-45
12-14
$5
$2c
11-15
10-16
Norfolk
11-
10-20
North
American Aviation
11-15
11-
1
North
American
11-
1
10-21
North
River
12-
1
1
North
Shore
11-10
6(4
1
11-
1
10-26
12-
30c
1
11-
1-2-45
4
preferred B
nrnfci'ved
11-
1
10-14
2-1-45
1-15
12-
9
11-25
12-
9
11-25
12-1
11-7
.
12-1
11-
7
12-
1
11-
7
15c
11-
1
10-21
11-
1
10-21
112lie
.
$1.25
12-
$1.6212
Oil
Insurance
Gas
(quar.)_—_____
Corp.,
Northern RE.
of
New
(quar.)
Hampshire
Norwalk Tire & Rubber Co.,
,
5(4
(irregular)__
(initial
(subject to approval of SEC 1
Irregular
Edison
—
$6 preferred
Okonite
30c
$1.06(4
$1.50
10-31
10-31
11-15
75c
11-15
10-25
$1
11-15
10-25
Marine-Bancorporation, fully partic.
Initial stock
(quar.)
15c
11-24
11-14
Marshall
12-22
-12-12
10-10
Manati Sugar Co.
3
(initial)
,
Field
Matthiessen
7r/c
"1-16
&;
preferred
&
Co. (quar.)_
Hegeler Zinc—
(accum.)_
50c
12-
1
11-15
May Department Stores
12-
1
11-15
Maytag Co., $3 preferred
$1.75
..,.11=
1
10-13
-
$6
1st
preferred
(quar.)__.
(accum.)
(quar.)
(quar.)_
$1.50
11-
Products, common (quar.)_—
preferred (quar.)—
Orange Crush Ltd., 70c conv. pfd. (accum.)
Oswego Falls Corp.,' common (quar.).
Quebec
(s-a)—
714 preferred (accum.)
Ry.
Ltd.,
714
—
—,
Extra
10-14
5(4
11-30
11-15
12-
Marine
&
Mfg.
614
Electric
&
7(4
11-
12-
9
11-28
preferred
c
1-2-45
12-19
Parke
11-
11-
1
10-20
1
10-20
20c
10-31
10-15
1
12-15
10-14
10-30
10-14
11-15
of
Cal.
Public
Davis
Passaic &
Service.
& Co.
Delaware
10-28
25c
12- 1
12- 1
10-30
10-30
11- 1
11-22
10-27
10-18
1
tO-21
11-1
10-16
11-1
12- 1
11-15
10-16
ll-15
10-16
10-16
J70c
10c
ll-15
11-1
10-31
10-31
10-20
$1.30
10c
10c
$3
$1
t25c
f$1.75
11-
11-
1
11-
1
9-30
10-20
1
11-25
ID
11-1
10-20
11-15
10-31
343,4c
3114c
5(4
11-15
11-15
11- 1
10-31
$1.25
75c
$1.50
11-15
11- 1
10-20
pfd.
(quar.)—
preferred
10-28
,11-15
75c
(quar.)
Finance Co.
(quar.)
(quar,)—
(year end)
Extension
10-20
10-20
$1.75
:
pfd.
10-31
10-24
—
RR.
Co. (s-a)
11- 1
3214c
11-1
10-16
40c
$2
10-31
10-14
11-
10-23
tic
1-9-45
1
Paymaster Consolidated Mines, Ltd.—
!
Interim
—-—
Peaslee-Gaulbert Corp.
Peerless
Cement Corp
$7
30-30
10-14.
Peerless
12-1
11-15
Peninsular
75C
11-
1
10-16
$1.40
class
11- 1
10=16
$1.40
class
Telephone,
A
A
:
common
(quar.)___—
(quar.)—
(quar.)_—
10-31
11- 1
^5c
11-4
50c
1-1-45
35c
11-15
35c 2-15-45
25c
35c
(quar.)
Casualty
75c
$1.50
12-15
10-30
37V2c
(quar.)
preferred
Pacific
11-
10-16
1- 2
12-30 •
$1
pfd.
Lighting Co., common (quar.)___—
Pacific Power & Light, $6 preferred (quar.l,
11-15
11-15
11-1
—
:
Gas
Pacific
30c
12-15
(quar.)____
(year-end)
Co.
Pacific
1-2-45
—
—
514(4
1
30c
1-5-45
5c
10-17
2614
10-11
Filters,
Steel
Ontario
25c
.
10-16
10-31
(quar.$1.50
class A (quar.)___—
50c
Company
United
1
3
11- 1
$1.50
t$1.75
40%c
-—________—4814c
11-
10-11
10-16
3714c'
pfd. (quar.)____„
Ontario Silknit,
1
.
$5 preferred——
Ontario &
11-
10-15
11-1
"
10-18
s
1
.
11-20
40c
11-
1214c
'
10-18
$1.50
11-22
—37V4c
B
Corp.—
1
$1.0614
12-9
—
(quar.)
Ogilvie Flour Mills, 714
Ohio
40c
quarterly)
11-16
10-25
pfd. (quar.)
7(4
Quarterly
Class-
Ogden
25c
(I.) & Co., 6% preferred (quar.)___
Mallory (P. R.), common (year-end)
414 r/r preferred (quar.)__
10-21
12-16
^O'Connor, Moffatt & Co. $1.50 class AA—
1-2-45
Magnin
11-10
11- 6
8714c
714c
(quar.)20c
$1.25
(quar.)
common
preferred
$3
10-20
10-16
2.5c
50c
_______
<quar.)__
Northwest Engineering
Corp.
SI
common___—_—25c
$1.50 convertible preferred
$1.50
10-10
10-16
25c
Co,
1
8
1
15c
25c
(s-a)—
Illinois
Northern
(s-a)»-_—
common
11-
'
(quar.)___
1
12-15
10-16
$1.25
end)
(year
Consolidated
11-
11-
11-16
11- 1
11-1
$1.25
12-
$1.6214
1
$1.50
11-
11-10
10-20
(quar.U-
11-20
10-16
11-1
50c
pfd. A (quar.)
Olympia Brewing, common (irregular)
6% non-cum. iireferred (irregular) _______
10-17
1
10-20
Oliver
1
10-20
10-20
11-11
11-15
11-1
1
11-
12-12
15c
11-
1
$2
H-
11-15
1
'$1.75
10-14
11-15
11- 1
12-
1
10-16
10-16
12- 1
12-
12-
1
C-Cd'
50c
10c
4
1
$1.75
(quar.)
Nunn-Bush Shoe
11-15
1
11-1
•
Western Ry., adj. preferred (quar.)
&
Nu-Enamel
1
1!-
11-1
.
(quar.)______
12-15
12-
10-20
Newport News Shipbuilding & Dry Dock—
11-10
12-
10-20
12-
$2
(quar.)_^
preferred A
11-
11-
1
1-2
15c
Newberry (J. J.) Realty, 61414
10-16*
11-10
10-30
11-
10-20
11- 1
Co.
11-
12-1
10-30
10-4
75c.
(quar.)_„______u_„
10-31
12-1
10-16*
1
13%c '.
preferred (quar.)„_______„__i_^_____i',
New York Air Brake Co.
1
11-15
11-
1
$1.18;,/4"
__
common-_-_______^_ij
Process Co.;
New
12-20
■
12-10
Cl.50
Certificates of beneficial interest
12-12.
10-13
11-
.
1
10-13
12-15
It- 1
20c
12-
I
10-31
12-30J
13714c
Ltd., $1.50 pfd. (quar.);
12-30
12-27
11-15
(quar.2c
Products,
10-19
11- 1
50c
-
10-16
preferred-
1
11-
(quar.)
1
1
<
England Fund—
Pacific
Garden_„___
•Macji (R. H.) & Co.,
4(4 r/'o preferred A
25c
common
Products
11-
11-
12-
15c
(initial quarterly)^
Welding
10-14
50c
New
Outlet
Lyon Metal Products,
67c
8-11
35c
:
5
Outboard
Lynchburg
11-20
iquo.r.)
4
10-13
Telephone
10-20
75c
12-
10-10
Common
Inc.,
1
25c
Neisner
12-20
10-16
-11-
National Tea
11-1
10-16
25c
class A
nrel'erred class B
11-15
683ic \-11- 1
$1.62 Vs ■'.Ml- 1
11-15
10-20
Lead
1-2-45
Luzerne Co. Gas & Electric, 5V2% pfd. (quar.)
Abington
11-
8c.
Foods
50c
10-14
&
11-10
Extra
$1.31 V4
11-15
Madison
5-12
9-1-45
$1.75
$2
10-25
$50c
Distillers
National Electric
10-13
'
Lumbermans
6-1-45
1
12-1-45
(quar.)^___
25c
pfd. (quar.)"
2nd
2-10
(irregular)
(Cleveland)
25c
(quar.)
1
50c
Bank
11-
$1.25
8
Lord
11-10
__
10c
(Mo.)
11- 1
Tl-> 1
68:Vic
(quar,)
50c
Loose-Wiles
11-1
15c. 1-26-45
Lumber,
Special
lv-
___________
preferred (quar.)—,
Participating
11-15
.12-
Lumber
1
25c
12-15
125c
B____„___
(quar.)
15c
(quar.)_:
common
Hejrcules Powder Co.,
Hibbaxd
and
5%
11- 9
M
—1_
A
Theatres
Long-Bell Lumber Co.. $4 pfd. Cl. A (accum.)
Longhorn Portland Cement—
75c
10c
!
class
on
Boston
12-
3-1-45
SI.75
$1.75
11-15
J25c
,
Long-Bell
11-15
50c#
Casket, common
preferred (quar.,)
National
11-20
50c
10-23
11-
1
11-30
$1.10
class A (quar.)
12-
$1.75
National Container Corp,
10-11
10c
Extra
11- 9
Havana Electric & Utilities Co.—
,6'«
Loblaw Groceterias,
Class B (quar.)
12-20
$1.75
..
Naugatuck Water (s-a)_____
Brothers, Inc., 4% 14 pfd. (quar.)__
Neptune Meter, 814 preferred iquar.)__
$1.1214
(quar.).
12-23
3
12-1
$1.75
1
$1.1214
(quar.)
special stock
1-2-45
,75c
.
National City
25c
stock—
Extra
10c
,
preferred
Calif,
.
original
11-15
11-20
50c
>wr-l
preferred
10-25
11-30
11-
,
$1.6214
1
y' ;,
50c ',; 11-
81c
(quar.) __j:
11-14
25c
preferred (quar.)_^___.
Hartford Electric. Light, (quar.)
Hat
$1.75
.
_—
!
Extra
$3.30
11-15
3
12-11
11-17
77;
National
50c
(quar.)
common
■414preferred
Loew's
end)_u
6'r
Extra-'
Hprris
■
,11-1
preferred——„
(quar.)
(year
Instrument.
B
Little Miami RR.,
Co.,
6(a.%; preferred
12-
30c
11-10
Northrop Aircraft, comnion
VLink-Belt
10-24
88c
Co.
Hancock. Oil Co.
Class
10-24
B
10-2
50c
preferred (quar.)„
Engineering Corp.—
1
Lincoln National Life Insurance (Ft. Wayne)—
11-15
3
Int¬
common
National
50c
11-1
class
and
common
10-24
12-
1
11-30
75c
Liquid Carbonic Corp.. common (quar.)_:___
4 Vapreferred A ' (quar.)___^„_l_^-_k-,P.
12-
(quar.)
Metals,
1
75c
11-15
11-20
011
10-23
1
National Bearing
11-6
$1.10
(quar.)__
iquar.)__
Extra
10-16
11-
12- 1
11- 1
erconvertible
12-14
87 Vic
12-15
12-15
11- 1
7
10-16
1
$1.1214
pfd.
Fibres,
National Grocers Co.
25c
—
10-
(quar.)75c
;
B
1
11-1
11-
•
preferred (quar.)
15c
Co. ______—50e
5
Automotive
National
$1.1214-'
(quar.)
11-1
U-30
11- 1
10-24
(quar.)343«c
Stores
Brothers
Hammond
Class
Corp., $3.50 pfd.
11-
$$1.25
«■
10-15
National
25c
1
Life Savers Corp. (year end)
Liggett & Myers Tobacco, common
1
10-31
11-1
(quar.)—;—:
6pfd.
$1.06 Vi
$2
(quar.l
i s-a 1
12-21
75c
__
(quar.)__^__
Aircraf-t - .Products. ;new ^(initial)—.
•
10-19
12-28
50c
_
Mines
11-
Brewery—
Utilities,
Brothers
Halle
I, i b ert y -
1
11-1
11- 1
10-31
62 Vic
(quar.)
(quar.)
Liberty Loan
1
11-
3c
$1
(quar.
4'/a $: preferred
9-30
11-
$1.50
10c
__v____
10-17
11-15
preferred
$6
Hale
Stores,
10-31*
■————
States
Gold
Lerner
1
12- 1
Griggs Cooper & Cov 7f>
Grumman
Leifch
1
11-
11-15
_
Griesedieck
10-9
11-
11-15
5614c
714
(quar.)
4% preferred
■
..
Goodyear Tire & Rubber, common—-50c
Greenfield
11- 1
11-15
75c
(quar.)___
Vari¬
(quar.)___________
Portland Cement,' common
■
11-15
10-31
(Colo.), series B_
Co.
$3
preferred
Corp.
11-15
12-15
$1.50
$1.75
(s-a)
(quar.)
Tire
&
10-11
(quar.)I-.
25c
—
Valley Gas.. 61?
Rubber
11-10
1
12-15
America—
Securities
10-31
J20c
Shops (quar.)
(Richmond,
1
3
$1.75
$1.75
(quar.)___.___2—:
preferred
1211-
(quar.)
Vk'io
11-20
10c
common—_—____________
$2.'50, preferred
11-
.
Candy
11-10
$1.75
of
11-20
$1.75
common
(quar.)
participating
1
$1.75
Electric,
(P/o
Lawyers Title Insurance
10-20.
Leath
——~_
Chemical Co.
15c
(quarj
(quar.)^._v_—,
common
11-10
12-
$1.50
:
preferred (quar.V__
8c
Inc., 7'f> preferred (quar.)____
Secord
Laura
11-
11-
$1.50
(quar,)
& Co.,
preferred
7-%.
Lebanon
$5
H.)
2nd preferred
Land is
be
$1.75
11-
5c
23r:i issue).
Gillette Safety Razor S5, preferred
preferred
(quar.)______________
Laclede-Christy Clay .Products,
Lee
A.), preferred
,___
(quar.)—
Works, 6^
Fund
11-
1
___
;
1st pfd.
National City Lines,
10-21
$2
(S.
11-10
(S.
Co.
6^ special pfd.
Kroger Grocery & Baking—
10-16
10-27.
(initial
&
—v.
10-14
12-
$1
(quar.)_
(quar.)
•
(quar.)
8c
11-25
Gerrard
Emil)
(D,
(s-a)
10-30
'
$2.25
iquar.)
$7
—-
Gold .Mines
1
$2.25
—
pfd.
RR.
Nation-Wide
12-13
1
S6
1
11-
11-30
25 c
(s-a)____
(quar.)__
6%
9-29
11- 1
10-20
12-
$1.50
1
2
52
$3
Narragansett
12-1
10-20
11-
11-22
12-
National Battery
87 Vac
-
preferred
Mutual
10-10
Knickerbocker
preferred (accum.)
11-21
10-31
—
10-16
1
12-12
Mining & Developing Co
Munising Paper 5(4
'
preferred (quar.l
Kentucky Utilities Co., 7(V Junior pfd. (quar.)
11-15
12-
25c
'
10-20
9
1
lc
Oil
$7 preferred
10-13
1
12-
$1.25
(quaf.)
5'>
Kokomo
will
1
11-
12-
(quar.)v___——
Vegetable Parchment Co.
10-14
feature
11-
12-15
11-15
5'7/ preferred
y__r^
(quar.)__
15c
11-
87V»c
Service,
$7 preferred
10-16
10-14
25c
preferred class B fs-a)30c
Foods Corp., common
(quar.)-——
40c
,$4.50 preferred (quar.)
1—_
$1.12,/2
General Mills, Inc. (quar.)__.
$1
General Motors Corp.. S5 preferred (quar.)__
$1,25
General Outdoor. Advertising, class
$1
preferred
$1
IV2C
20c
(s-a)
$7
,
,
1
fi'i'
6'mi.
10-18
11-
12-1
11- 1
15c-.
General Steel V/aics,
11-25
1
20c
General
preferred
10-15
1
11-
11-21
11-15
General Finance Corp.— '
'
\r:
5h
nreffeiTed class :A '(s-a) ^4.'
General Shoe
1
12-
;
Co.
7'4-
11-
9
10-31
1735 (Oct.
page
Cable Corp.,
10c
$1.25
12-
lo
10-26
Kings County Trust Co.; (Brooklyn,. N. Y.)—
Quarterly
£->
—-M
Kinney Manufacturing Co.—. •
10-16
;,j
com.
11-15
.12-
10-31
Corp.,
'
Kellogg Switchboard & Supply—
10-16
50c.
\
(quai).,)
Mountain'Fuel Supply (irregular)_____4__
Mullins Manufacturing class B (special)
$7 preferred (quar.)
$7 preferred (quar.)_„___„__„____^.____-
11-10
20c
Kalamazoo
12-15
10-18
Forging Co.—
Mount Diablo
11-17
$1.06y4
series (initial quar.)___
Manufacturing
11-1
optional
,of
General Baking
General
Film
1
12-20
25c
2nd preferred
4%
Joy
2
4—^20c
&
12-
$3c
(interim)—
Co
Johnson Ranch Royalty
12-15
1-2-45
10-18
30c
Johnson—
&
25c
class
Common
1
Keystone Steel!.& Wire_l_———
10-
11-15
Industries, Ine:*:—'10c
Aniline
General
11-15
1-2-45
$1
Quarterly
Knitting Mills, common (quar.)____
$1.25
Gardner-Denver Co., $3 conv. pfd. (quar.)—
Gellman Manufacturing
(irreg.)«:^»—M..
10-21
11-
37 '4 c
preferred (quar.
Co.', 4Vi'/o' preferred (quar.),
—t,
pfch
1
12-1
11-
25c
12-15
j
preferred
common
Mortgage Corp. of Nova Scotia
Island-
10-21
11- 1
20c
<quar,).h---:w—_v '.
works
Fulton. Iron
■'
(quar.)
Ltd.
$6
Morris & Essex Extension
87V2c
of Rhode
preferred
Gas
15c
preferred
2
1-2-45
3c
preferred Class A (quar,
Morris (Phillip) & Co., 414 Co. pfd.
414 /4 preferred (quar.)
10-. 2
10-
32-15
'
614
Mfg. Mquar.)
'increased quar.)
Industrial Securities-—,
$3.50
5r/f>
3-17
$1
com.
(s-a)L_:„__v_„_
Moore Drop
1
11-15
1-2-45
■
prior preferred---^
Ltd.
Moody's Investors
10-10
ID
1
$20c
10-10
U- 1
1
$1
Co.,
1
t834c
1
12-
(s-a)„____:
Cottons,
$1.50
Jewel Teg
Johnson
$l.oO
.
Special
Fulton
Jantzen
3-17
11-1
$4
.
(initial)50o
Froedtert Grain & Malting
Co.
preferred C
1
t$1.75
11-
__a__
Service
11-
;—
10-18
10-14
$1.50
.
10-21.
25c
15c
Sugar
Fireman
Jacksonville
17-17
$1,121£
Francisco
Trust
Public
11-
________
(quar.)
10-14
10-14
Corporation
$1.50
.
(quar.)
$1
Power
;
preferred
Island Mountain Mines
,12-15
y
4 V'a C
Gear. & Machine,
par)
6
4
11-30
<irreg,)_
convertible prefen-ed--(quar,)—v.—
GOc
Iron
10-21
12-30
preferred—
Bros.
Foote
($100
($5 par)
11-
1
1
11-1
11-
-
T',v
preferred (quar.)
Montreal Light Heat & Power Consolidated-
10-16
12-
11-1
11-
25c
Irregular
A (quar.)_____
Canada—
of
12-15
$1.75
Utilities Corp.—
Participating
N.:J,—, ,;u:'
_'—:
—;
Tire
preferred
Investors
12-18
(quar.)_
y
$4
10-14
Co._
Montana
"
(quar.)
(quar.)—
Intertype-Corp. '-(quar.) _*
10-20
1-2-45
(8»ai«-—^
of Newark,
Co.
Semi-annual
Firestone
10-20
15c
i.•
Insurance
10-20
■
prior pfd.
Philadelphia
preferred
77a
Co.
Kalamazoo Stove & Furnace
_
;
Firemen's
If/#-
Stores—
preferred (accum.
pfd.
Abrasive
Hart, Inc.,
Montreal
convertible preference
$3.50
10-15
1
$1.50
Corp._
Monsanto Chemical, $4,50 pfd. A
$4.50 preferred B
(s-a)
10-21
1
30c
7'k
Industries—.:.
International Nickel
,10-16a
4-1-44
Co.
6-%. convertible preference (quar.)—
11-16
$2.50
4-2-45
37'4c
10-31
$1.0C,/f'' 10-31
.
Metal
6%
1
11-
( accum.)_
International
International
$1.25
(quar.) _______4——a-$2.50
Department Stores,
preferred (quar.
man
■$7
-
12-14
preferred
Harvester
12-14
11-
25c
Co.—
10-10
11-
"$1.75
(year end)
Mississippi Power & Light, $G 1st pfd.
10-21
1
25c
iquar.)
11-20
1
10-31
ID
$1.75
vv^-
12-1
11-
11-15
'
1
$1.50
Miller
40c
10-20
$1.50
Mid-West
10-31
10-20
1
$1,50
10-10
Mission
1
3.1-
$1.50
1
&
11-
11-
$20C
j.
9-?9
10-31
11-
11-15
$1.75
A
-
iquar.)
preferred
1
4
"
'
7X
12-
$1,75
Mid-Continental Petroleum
1
(quar.)________
Publishing
(quar.)
(quar.),
(accum.)
9-22
8
$1.50
Educational
$3.50
2
10-31*
12-
cDinmon„_____,_„..„
pfd.
pfd. series of 1940. (quar.)
$6 junior preferred (quar.)
Missouri
(quar.
Detrola Corp.
10-17
11-
,
Corp.,
preferred
Inc;, 7(<
(quar.)__._
preferred
1
11-1
50c
Q'/o
50c
International
11-17
3c
■,6f,o
Co.
11-
$1.25
preferred (accum.
67'
Securities, Ltd.—
International
1
12-21
12-
20c
$1.25
—l___
shares
International
6
11-30
(quar.)
Quarterly.!
SlaO-
■
6
15c
___
,——
______
11-
1
2
,
Telephone $5 pfd. (quar.)
Public .Welfare Loan Assn.—
Interclremical
■h
11-21
1
12-
11-20
3%
\
.
11-
10-10
Michigan Bakeries Inc., $1 preferred (quar,J
7V'
preferred iquar,)__
Michigan Public Service common (quar.)__
10-16
1
25c
—
:
$1
10-20
11-
11-16
12-1
(accum.)v———4-——$1.3'fVa.'
Coi-i—J,-,
Indianapolis
11-21
$7l4c
_-V.
_:
Federated
.
.
(interim).—
(quar.)
common
_____
(Syracuse.
'
11-10
1
Fansteel Metallurgical Corp., $5 pfd.
Farmers & Traders Life Insurance
.■
Aviation
ll-.l
$1.75
$1.50
$1.50
(s-ai_^4..._..J.c_„
Extra
_
10-20
11- 1
11-1
$1.75
(accum.)„_.,;
Falconbridge' Nickel Mines Ltd.
Falstaff Brewing,
—
,wv
(quar.)
Zinc
Institutional
11-1
50c
:
(initial quar.)
60
preferred.^
Co.,, ,5'i-
preferred
10-23
12- 1
(quar,$1.25
70
preferred
Power
10-26
12- 1
,7£c;
______
Mercantile Stores
11-
—$1
preferrcd___._v-——
62 (4c'
10-14
11-
;
12-1
(quar.)_^.-_.—
Indiana Associated
V:
Eureka Pipe Line Co
Faber Coe & Gregg Inc..
preferred
ll- 1
$1.50
(quar.
common
Mercury Mills Ltd. (initial)
Michigan Gas & Electric Co.—
6V>
12-15
15c
(quar.
prior lien
12-1
1-2-45
35c
15c
10-31
10-10
(quar.)
common
$5514 C
■
10-24
4
10-20
(quar.)__
.10-15
1
10-21
1
.
common
1
20-25
(quar.I
1
11-
(quar.)
12-11
7'.r
10-26
11-
(quar.)___,,
(quar.)_u
Corp,,
11-20
2
1-2-45
$1.50
iquar.)
Corporation,
1
Shoe
11-. 1
Power,
11- 6
Railroad Co.-—
1111-
10-14
1
25c
(quar.)_
common
Co.,
preferred
40c
(quar.)_„_____„_____u
Peanut
Ordinary shares (interim)
1-2-45
___________
5'h
1
11-30
11-
20c
Mines
Inc.
prior lieir
1
10-31
1-2-45
Melville
10-11
preferred
U-27
12- 9
12- 9
11-1
11- 1
Employers Group Associates (quar,)25c
Engineers Public Service, $5 pfd. (quar.)—
$1.25
$5.50 preferred
(quar.
$1,3.7V2
11-15
1
$6
Illinois
10-
1
11-
Stores
preferred
& Frank,
$6
1
12-
12-
6%
11-
•'5%
2
11- 1
12-15
Meier
10-20
Illinois
10-
11-15
11-
$1.25
(quar.i__;
Bobbins,
12-20
11- 6
,
10-28
1
10-14
$$1.11
&
11-
11-
.Special v..?—v———:__2 \. 25C
Electric Bond & Share, $6 pfd. (quar.)
•
$1,50
$5 preferred (quar.),—
$1.25
Elmira & Wiliiamsport RR,- (s-a)______
$1.14
Empire District Electric. (initial28c
McLellan
Porcupine
12-30
11-1
—
10-28
Co.
Holders
1
4334jC
Extra
11-15
11-20
5c
____
McKesson
11-15
(N,
Incorporated Investors
—„
(Pittsburgh)
(quarj__
Co.
8
12-
45c
83$e
(quar..l„._
3
12-
10-20
1'
11-15
50c
$1.50
(quar.)__^.
11-
12-30
11-29
—
Publishing
15c
M
.
Mclntyre
Electric
11-
40c
-$1.06l/4
Imperial Chemical Industries, Ltd.—
$50c
i,
McGraw-Hill
McGraw
25c
4%
9-30
10-
6
$1.75
$1
'
•
iaccum,)..^—_—;i.l.^-—i--'
preferred
5W
Hardart
(Tom)
Idaho
1
Dominion-Scottish Investments-*—
11-
of Rec.
When
11-
25c
__
=
•—_—^
10-16
Fabrics,
6 V' 1st
11-
8
Payable
40c
McClatchy Newspaper, 7Co pfd. tquar,)___.
McCrory Stores Corp., 5% preferred (quar..)
Huttig Sash & ..Door, T/o preferred (quar.)_
Huyler's $2 conv. partic, 1st pfd. (s-a)
11-15
11- 1
11-1
11-1
(initial
Canada
10-13
25c
partic. pfd.
prior preferred
&
Huston
1 12- 1
20c
$20c
of
11-1
<quar.)_i-_
Co., common
Hu"sman-Ligonier Co.
$$1.25
quaiM.il...
Dominion
Second
10-17
(quar.)—„_r""
Bank
,.
12-30
Anglo Investment Corp.—,
preferred
Dominion
10-13
Y.),-(quar.40c
Home (Joseph) 6preferred (quar.)______
$1.50
Houston Lighting <*te Power, $4 pfd. (quar.)__
.'$1
Howey Gold Mines, Ltd. (interim)
;
tic
Hummell-Ross Fibre Corp., 6%
pfd. (quar.)
$1.50
9-30
Dome
11-15
1
(quar.)—
Co., 6'/<>
C.l
Share
(increased quarterly)
Extra
1
11-
$12.45
(quay).-_-———i
(George A.)
(A.
Corporation
12-
Inc.. (quar.)_—
preferred
6(0
Horn
•
Corporation
preferred
Horder's,
Company
Per
McCall
30c
Electrochemical,common
Hooker
9-30
$$1.25
5'i,
Diveo
10-16
25c
$1.75
_______
11-15
11- 1
1
.
12-15
Name of
Holders
11-
(quar.)
Holly Sugar Corp., common (quar.)
.V/e preferred (quar.)——
Holt (Henry.1
& Co.—
:
'
Class A (clears all arrears)
11-15
$1.75
__
__
Corp..
12- 1
Co.
When
$1.25
(quar.)____
preferred
(Charles E.)
Hires
75c
."
___
preferred, (quar.)
Denver
Higbee Company,
10-23
1899
of Rec.
Per
10-23
York-—
(quar.).
Payable
Share
..
Holders
11- 1
11- 1
$2
75c
—
Name of Company
When
Per
(quar.)
(quar,.)'____
$6 conv. prior preferred
Dentist's Supply .Co. of New
■
'
,
of Rec.
Payable
Share
Company
',
■
Dennison
THE COMMERCIAL & FINANCIAL CHRONICLE
4329
—-
12-
9
10-24
10-20
10-20
12-15
11-
4
2-5-45
I
Navie 0/ Company /'
■
common
tSl.50
(quar,),—,;!—;
Procter
(quar..1
Gamble Co.
&
1
10-14
1
11-
8
6ft
1
10-
1
Sunray
4Aft
1
10-10
11-
1
10-18
$1
11-
11-
1
12-
!
H-
$1
1
.10-20
.10-20
Thatcher
10-10
$1.50
11-
1
11-
1
preferred (quar.)
preferred (quar.)———,
preferred (quar.)—
$5
11-
3
Toledo
11-
1
1
10-16
11-
1
10-16
$6
11-15
Trov
11-15
11-15
10-13
12-15
11-15
11-29
12-2)
11-29
7
30c
11-15
10-20
;
10c
11-
1
10-20
$1.12
11-
1
10-20
$1.50
11-29
10-31
10-14
$25c
11-25
10-25
10-19
11- 1
$1.50
11-
1
11-
1
12-
11-
1
11-
1
75c
11-
1
10-20
25c
11-
9
10-11
—
50c
11-
1
10-21
40c
12-
1
11-
——-—
2
lift 1
$1.25
10-20
11-
1
11-
1
10-16
11-
1
10-16
11-15
11-1
Distillers
Schenley
Board
Wall
Schumacher
Carp,
Dillon
Scotten
Sears, Roebuck & Co.,
■
1
10-14
1
10-20
Sheraton
Corp.
Sherritt Gordon
10-6
Sierra
6ft-
Sigma
Pacific
preferred (auar. 1
Mines (Quebec), Ltd.
Silex
Company
Simpson's Ltd.,
6ft
11-
11-
1
'
7ft
11-1
10-20*
7',c
Walgreen Co.
Walker
6
12-11
12-11
11-10
11-
1
10-20
11-25
10-25
10-26
12-21
11-. 1
10-10*
11-
10-18
$5
11-
9-28
10-29
130c
1- 29-45
15c
11-10
11-
1S3.62 A
preferred (accum.)_
11-10
(increased
11-
California Edison, common
Canada
Common
$4.25
_
——
Kellogg & Sons————..—
rj
& Sons, $5 pfd. A (quar.) —
preferred B (quar.)——
—
Water
11-15
11-1
preferred
Co.—
(quar.)———
Works,
!R1 25
Suburban Electric
r«"eferred
Securities—
2nd preferred
(accum.)
—
see.)!
10-31
10-16
Due from foreign
10-30
10-20
F, R. notes of
1-30-45
1-20-45
I-2-45
12-23
Bank premises
Other assets
12-
9
11-25
11-
1
12-; 1
banks
Uncollected Hems
+7,970.208
17,591,825
136
80,663
1,632,534
other banks
+ 174,364
+
310,999
+8,270,633
7,756
—415,114
19,426
25
3,976
—
34,441
——
57,485
1,872
+
1,045
1,725
89,102
+
+6.780.211
10-10
12-1
9
12-
11-
l
10-16
38,277,524
——
1
37 AC
2-
1-45
1-15
37 AC
5-
1-45
*4-16
37Ac
$2.50
8-
1-45
12-20
Liabilities—
Federal Reserve notes—,—
20,634,100
+
'.
13,940,041
228,772
+
125,557
12-9
vrawtvn*
U. S. Treasurer—gen.
$1.75
Other.
1-10
4-20-45
bank— reserve acct.—
acct—
+
1,935.179
300,932
—
86,610
—
6,441
-r-.'
73,335
361,555
+
1,760
+
20,206
15,774,922
1,385,516
10,336
Foreign—w-;——!.^' '
3-10.
1-20-45
+5,112,659
70,112
Deposits:
7-16
3-20-45
—
Total assets-
11-15
12-
;
+
47,148
1,244,554
+
,
4-10
II-
62 Ac
9
11-10
t25c
12-15
Total liabilities.
10-21
75c
11-
33%c
11-
1
10-16
62 Ac
11-
1
10-16
Ac
11-
1
10-14
$1.25
11-10
10-25
$1.12 A
11-10
10-25
12-
1
11-15
$1.25
12-
1
11-15
$3
11-
1
10-16
1
incl. accrd. divs—
Other Hubs.,
11-10
$2.50
11-
11-15
37,804,874
——
+ 1,581,118
—207,901
42,837
+
'
185
+
2,691
90,456
+
6,739,305
+
—
Capital Accounts-
Capital paid in„.
—160,437
Suriilus (Section 7)_-—
—
ft
188,097
Surplus (Section 13b)
!
26,965
Other capital accounts—-r., '
97,151
182
+
1472
+
89,102
38,277,524.
Total liabilities & cap. accts.„
deposit &
combined
make indus-
Ratio of total res. to
51,7ft
4.801
to
.1ft
18
•
T\ R. note liabilities
Commitments
25c
—.
Deferred availability items——
12-15
37
———
Total deposits
$$1
11-15
12-
11-15
1
to the
trialloans—
1
FOREIGN
EXCHANGE RATES
CERTIFIED BY
11-15
10-20
11-15
OCT, 26,
TO
1
Noon
10-16
Argentina, peso11-
1
10-
9
Free—
11-15
1
10-20
Australia, pound.
12-
9
11-18
11-
1
10-16
$1.06 A
11-
1
10-16
12-
40c
.
.251247*
.251247*
11-15
11-
4
1
——
•
3.228000
3.228000
*—
.
.060602*
.060602*
.060602*
.051803*
.051803*
.051803*
.909090
.909090
,9090°0
.909090
.894921
.895625
.895625
.572766*
.572766*
'
$1
12-15
12-
5
England, pound sterling
4.035000
11-15
11-
1
India
(British), rupee—
.301215
.301215;
Mexico, peso—
Newfoundland, dollar—
.205820
.205820
Colombia,
f?5c
11-
1
10-
11-
1
25c
11-15
G.
6
10-31
...
peso.!
.909090
Official
:
Free
New Zealand,
pound
.90n0OO
•
4.035000
.301215,
.301215
.205820
.205820
,S090Q0
.P0D0°0
.909090
.572766*
4.035000
.301215
:
.205820
.909090
.892500
.393125
.893125
.895000
.896250
.891875
3.244203
3.244203
3.244203
3.244203
3.244203
3.244203
3.980000
3.980000
3.980000
3.980000
3.980000
3.980000
'
11-
1
10-24
Union of South Africa, pound.
50c
11-
1
10-20
10-24
Uruguav. peso—•
Controlled
.658300*
.658300*
10-31
.658300*
25c
11-15
Noncontrolled
.541850*
31 Ac
4
.541850*
.541850*
11-
$1
ll- 1
10-16
♦Nominal rate.
"
.301215
.205820
■
.898750
.
4.035000
4.035000
4.035000
37 Ac
,
.90Q090
.572766*
.572766*
.572766*
,909090
12-
11-1.0
.060602*
.051803*
.897500
.894218
12-15
12-1
$75c
'
.251247*
3.228000
■!,
.060602*
.051803*
Canada, dollarOfficial
!.
3.228000
3.228000
3.228000
.297733*
'
.251247*
.060602*
50c
12-15
'
.051803*
Official
$1.12 A
12-30
.251247*
.
!C
.297733*
.297733"
.297733*
Brazil, cruzeiro—
$1.25
.297733*
.251247*
1
11-
45c
25c
$1.62 A
'
.297733*
Official
s
$
$
Oct. 26
Oct. 25
Oct. 24
Oct. 23
s
$5
'
1930
New York
Buying Rate for Cable Transfers in
Value in United States Money
Oct. 21
Oct. 20
*
TO TREASURY UNDER TARIFF ACT OF
1944, INCLUSIVE
Country and Monetary Unit
11-
■
FEDERAL RESERVE BANK
20
10-20
$1.20
the Federal Reserve Bank is now cer¬
for cable transfers in the different countries of the
the Tariff Act of 1930,
requirements of Section 522 of
OCT.
37 Ac
$1.25
(quar.)
17,251.089
-
Total loans and securities..—
31 Ac
5ft' preferred (quar.)
Lithograph Corp.—
5ft preferred (quar.)—*
Steel Co. of Canada, common (quar.)
7ft preferred (quar.)
—
Stein (A.) & Co. (quar.)—
Sterling, Inc. $1,50 preferred
(quar.)
Stott Briquet $2 conv. pfd. (quar.)—..—
Stonffer Corporation class B (irreg.) —
$4
10-18
tifying daily to the Secretary of the Treasury the buying rate
We give Holrttur a rocprd -tnv fbo xxnaplr just "naSRPfl* V "
WOrld
"PUo ffi'tra below o record for the week liifif passed!
'•
Stecher-Traung
wp()<!.
convertible
..
(quar.)
—...
—
Standard Brands $4.50 preferred
(quar.)__
Standard Stoker Co
Standard Wholesale Phosphate & Acid
Works Inc. (irregular)——
—
Stanley
$1
Pursuant
(E. R.)
Stamford
11-1
(incl. guar,
ange
13%C
Electric—
4.8ft
preferred (quar.)—,
—
■
Southern
Union Gas Co.
(stock dividend)
l/10th share of Texas Southeastern Gas
Co., common for each share held———.
Southwestern Public Service, common (quar.)
6ft ft preferred (quar.) ———,
—,
Spencer
5-26
Power Co,, Ltd.—
(quar.)
Southern Indiana Gas &
Squibb
Inc. preferred..————
10-10
t
(quar)
6-11-45
9
1
11-
f20c
Southern
(quar.)
—~_—
Total U, S. Govt, securities
3-12-45
2-26
10-30.
12-15
130c
quar.)
Southern
preferred
5ft
:? + 5,695,774
+2,170.240
+. 407,471
303,277
10-30
11-10
SI
50c
Common
ft,—
(quar,)-—_
+ 86,364
+ 67,500
;.+' 20,500
10-14
50c
preferred A, Jquar.)—_ft——■
Southeastern Greyhound Lines, Inc.—7
——
(quarj_
Wentworth Manufacturing
9-30*
1
11-15
Solar Manufacturing Corp.—
Conv.
common
Wellington Mills,
20c
7ft
preferred
ft
preferred (quar.A
Washington Railway & Electric—
5ft
preferred (s-a)—————>_
.
40c
Sioux
Light,
Gas
12-29
$1,75
Oil Corp. (quar.)
City Gas & Electric common
l
preferred (quar.)——ft———a————
Skelly Oil Co, (irregular)
Slater (N.) Co. (quar.),-.^—
Sinclair
(quar.)—
B
Class
11- 4
•
————ft
$4.50
10-18
1
13Cc
4A ft, preferred
——
Bonds
11-27
$1.75
,
—1,472,167
+ 308,974
—
3,549
2
12-11
$1.75
(quar.)—
3.741.490
1,095,871 A.
1,213,425
Certificates.—
Notes.
$1.75
(quarj
•
11,180,302
Bills-..—————
2
7-
322,279
y\ -8,457,
—.
67,310
—
6.237
+136,684
,
49
• +
securities:
.
37 Ac
——,
Gooderham & Worts Ltd.—
.(quar.)' —_—ft„—ft—ft——
Washington
(;■
$1.50
4-
18,820,440
—.
Discounts and advances.———
11-29*
2
Oct, 27, '43
7,331
U, S. Govt,
50c
—
preferred
$2.50
115c
—
;
:
.(quar,).-ift——ft—————
Walker Mfg. Co., of Wise. $3 pfd. (accum)
Warren Brothers Co., $1.35 Class A (quar.)
12c
1
12-20
1-15-45
1-
Decrease
—1,830,650
+
425,793
7,406
261,547
Industrial loans
10-31
(Hiram)
Common
$1
10-20
1-
10-16*
l.lrl5
62 Ac
—
(quar.)
preferred
10-20*
11-
.10-16*
1
SI
Co
(quar.)
preferred
11-
75c
3Cc
1
11-
'
11-15
1
537,828
Total reserves...
10-31
common——.—
1
11-
11-
11-15
:
$1.50
11-15
.
122c
—_
10-20
Redemption fund—F. R. notes-
IOC
(quar,)——
(quar.)————————
Detinning Co., common (year-end )_
Vulcan
87 Ac
——ft,
.■
6A.ft
10-20
11-15
35c
(interim)"
1
or
8,50(1
18.021,065
Other cash——„—
10c
preferred
preferred
10-10
1
Co.,
preferred
6ft
6ft
10-
11-10
.
.•
6
12-15
*$1.25
...
11-
due
certificates on hand and
from U. 5. Treasury.—...
50c
preferred (quar.)
Virginian Railway, 6ft preferred (quar.) —
11-10
$1.12 A
cotmnon———,,,!
Power,
11-17
$1
.
Vapor Car Heating, 7ft
11-
$1
■
1
40c
(resumed)——
Works
Iron
preferred
1st
6
25c
(s-a)-—;--——,.
of Canada, Ltd.—
—.!,,
10-16
12-
Gold
40c
common—————
Products
Raalte
12-31
$5 ^
(interim)_,
Common
Dorn
Van
6
Mines Ltd.
Sherwin-Williams Co.
Vail
9-30
11-
——ft——ft
„
Utica
10-26
11-
(quar.) ——'„!•/
11- 1
40c
—;ft——J.J.—^
Knitting, ,5ft prior pfd. (quar.)———.
10-31
1
9-30
bohme, Inc. $3~50 pref. A (quar.),
12-20
50c
+
Oct. 18,'44
Oct. 25, '44
Assets-
6-16
1-10-45
$1.25 4-16-45
$1,25 7-16-45
Common
10-13
It"'
'
Extra :
Sharp &
Shawinigan Water & Power
Pictures,
Radio
Utah
thousands of dollars)
since
40c
$5
Sugar,
1
11-
1
(quar.)
3-16
(In
$1.25
(s-a)— ft
com.
Pipe & Founclry,
S.
11-20
12-
10c
common
(Pliila.)
Universal
1
-
4-2-45
25c
10-14
11-
Co.——>—!—:
•
12-16
68 %c
1
11-
50c
1-2-45
75c
11-15
4
11-
,ft
12-15
,
1
10-14
17c
-
11-15
$2.50
11-
$1.37 A
common—
partic.
1
S1.25.V 7-2-45
common (quar.)
preferred (quar.)—
$5 preferred
(quar.)-.—
$5 preferred (quar.)
i————————6.4ftpreferred A (quar.)
———
6.4ft preferred A (quar.)
ft; —
6.4ft
preferred A (quar.)
^
Universal Leaf Tobacco, common (quar.)—_
11-
50c
preferred (quar.)
Scott Paper Co., $4 preferred (quar.)
$-1.50 preferred
(quar.)—————
$2
Society
Loan
'
—
12-
50c
ioc
25c
preferred (accum.)
10-16
1-2-45
50c
10-16
12c
37 Ac
1
Increase
11-
35c
Statement ef Condition of the 12 Federal
11-15
12-15
11-
$1,25
12-
135c
10-16
1
25c
1
for this dividend
closed
not
11-15
1;
12-
50c
books
tPayable in U. S. funds/less 15ft Canadian non-residents' tax.
$Payable in Canadian funds, tax deductible, ai the aource.
Non¬
resident tax. 15%: resident tax. 7ft.
a Less British income tax
12-15
1-
$1.25
11-15
tl5c
10-16
1
1-2-45
53c
11-
J 15c
1
'
53c
53c
(quar.),-——
Insurance Co.
10-21
10-16
10-16
Jamaica income tax
30ft
•Transfer
10-16
12-
30c
11-
5c
Fields.—.....—.
(initial quar.)..—;
Co-operative Mercantile Institution-—
xLess
10-17
11-
58 Ac
"
1
1-2-45
58'/3C
10-25
10-14
(quar.)——..—a—.$1.37A"--
Quarterly
11- 1
58 Ac
10-25
10-20
Corp.—
A.), conv
(D.
11-
11-15
13c
Echulte
11-1
10c
$1.18% ;
(quar.)—.—
& Canal
J. RR.
N.
50c
preferred
Zton's
10-13
..
$1.25
(quar)
15c
.
._'
11-15
10-14
10-17
12-21
$$1.75
Remedial Loan Assn.
Francisco
11-15
11-15
t $1.50
$1.62 A
5ft
10-13
J37c
(year-tneh ———
5 A ft;
preferred '(quar.)————
U. S. Industrial Chemicals (quar.)-j—
10-16.
12- 5
(quar.)—;
Zellers, .Ltd,, common (quar;)
—!__
$20c •
6ft/ preferred (quar.).
:—$37Ac
10-10
11-1
11- 1
31c
Common
1
12-15
Co.
-Yuba Consolidated Gold
$1.25
,
Fire
U.
75c
10-16
10-16
10-31
11-10
25c
W.)
preferred
5Aft
10-31
"•
Hoffman Machinery Corp.—;
U. S.
10-15
10-15
1Q-14
11-15
S.
10-16 '
$31Ac
11-15
$1.25
S.
10-16
10-11
11- 1
11-1
11- 1
$1.12 A
ft!
J,
40c
Youngstown Sheet & Tube, common,—..
U.
1
11- 1
Woolworth
U.
11- 1
11-10
12- 2
12- 4
10-20
1
11-
10-14
11-10
12-15
1-2
12-15
(F.
.
10-25
James)--
1-2-45
;
(quar.)-j————ft—
p.'eferred
S.
10-16
11-1
12- 1
&
50c
10-10
U.
11-1
$1,50
15c
(quar.)_„———!.—.
(Alexander
1st preferred
7ft-
50c
pfd. (quar.)—
Public Service common—.;
preferred
Wood
(quar.)-
(irregular)—
Corp.
Bankshares
$1.37 A
12-30
,
San
11-29
11-
1
.
10-19
10-10
1
5ft
•'
10-19
1
•
10-23
10-23;.
10-25 "
$1.25
2-2-45
1
T
(accum.)—$$1.75
$5
12-11
'
10-31
Wisconsin Electric Power, 6ft
Wisconsin
•
11-15
11-10
10-31
11- 1
Wisconsin
1-20
10-10
11-1
I8%e
75c preferred
Winters & Crampton,
11- 8
11-
7
30-16
11-10
11-
11-1
10-
11—1
11-22
10c
10-20
11- 1
11 -20
11-1
$1
Extra————,—'
1
1
»
V
11-* i
(quar.)—$1.50
Hosiery
11-15
11-1
72c
Winstead
11-16
12-
1
10-17
11-1
11-1
11- 1
11- 1
11- 1
12-30
11- 1
20c
11-1
1
Royal Bank of Canada (initial quar.) —
Aeronautical Co. (year-end)———-—h
11-
11-15
11-
Ryan
10-20
11-1
11-15
10-17
Merchants & Manufacturers—
United
11-
———
11-15,
11-1
20c
preferred (quar.)
5ft preferred (quar.)
5ft
Ac
20c
5ft
11-
(quar,);
—
1
10-14
11-
11- 1
11-1
■
25c
prior preferred
10-21
75c
(quar.)
11-
10-20
10-20
1
$1.50
prior preferred
United
30c
_
Flour Mills Co. Ltd.
preferred (quar,)—
10-20
11- 3
11-
50c
(monthly)—
(monthly———
7ft
prior preferred (monthly)—
6.36ft. prior preferred., (monthly)—ft-6.36ft prior' preferred (monthlyr—4-—
6.36 ft prior preferred (monthly) -ft——
6ft prior preferred (monthly) —
6ft prior preferred (monthly
6ft
prior preferred (monthly) —!——; A
■
Lawrence
11-22
11-15
41 %c
$4.75
7ft
10-20
'
7ft
Co.,
7ft
10-20
25c
Scguenay Power, Ltd., 5 ft ft pfd. (quar.)—
San Antonio Gold Mines (s-a)———— ;
tic
(quar.)—rftfta———
Light & Railways CohTDel.)^
Vv
United
1
25c
Republic Investors Fund, 6ft pfd. A (quar.)
•'
15C
6ft preferred B (quar,)—-.
———_
3c
Republic Petroleum Co., com. (resumed) —
68%C
SVaft prefevred A (quar.)
_—
$1.31 A
Revere Copper & Brass Inc., 5 'Aft pfd. (quar.)
$1.75
7 ft
preferred (quar.) ———
12 Ac
Reymer & Brothers, common (irregular)—.
Reynolds (R. J.) Tobacco Co.—
."•):
35c
Common (quarterly interim)
—
35c
Class B (quarterly interim)-i—;_,!_—
31 Ac
Rheem Manufacturing, 5ft
pfd. (quar.).—
37 Ac
;" 6 ft preferred (quar.,)—
—
$1
Rhode Island Pub. Serv. Co., Class A (quar.)
50c
$2 preferred- (quar.]__
St,
10-18
10-31
25c
11- 1
11-15
30c
ioc
•
,
11-27
11-1
58 Ac
$5 preferred (quar.)—
Union Oil Co. of California
10-20
12-15
15C
■& Power
11-15
12- 1
oiass .B'ftciiiar.—L————?
10-20
50c
37 y2C
Regent Knitting Mills. $1.60 preferred (quar.)
Electric & Engineering—
,
$5 convertible preferred (quar,)—
Reliance Manufacturing Co. (III.t,( common)
10c and 25c Stores
90c
75c
Department Stores—
y
.' ft ft", v..
preferred "(special)
1ZI1--2■ $12.70'
6ft. convertible preferred (quar.)—-—;r
37Ac
Western Maryland Ry„: 7ft' 1st pfd. "(accum.)$7
Weston (George), Ltd., 5ft preferred (quar.)
$$1'.25
Westvaco Chlorine Products—
$1.12 A
$4.50
preferred
(quar.)—
—ft
..
Wheeling & Lake Erie Ry.—.
5A ft conv. preferred (quar.)-1—j—ft—ft$1.37A4ft-- prior lien ,iquar.)-!ft—-ft—ft
$1
White Sewing Machine $4 preferred (accum)
50c
$2 prior preferred
(quar.),. V.50c
Wilson & Co., $6 preferred (quar.)—
$1.50
Winnipeg Electric, 5ft' preferred—... $$2.50
of Missouri—
(quar.),
preferred
$4.50
United Drug
Reliance
Light
10-17.
$2.50
(quar.)———
United Cigar-Whelen Stores—
ft
ft
$1.25 prior preferred (quar.)
$5 preferred (accum)
—_
United Corporations, Ltd.— -ft,
$1A class A (quar.)—:
United Drill & Tool, Class A (quar.)-———
11-1
9c
preferred
Rose's; 5c.
1
(quar.)——
La Salle St. Corp.
Electric Co.
Union
12-20
$1.75
Radio-Keith-Orpheum Corp.—
ft.!"
6ft. preferred (quar.)
—
Randall Co class A (quar.)—,—,—
Rockland
11-
62 Ac
(quar.)———j——
preferred
5Aft
$1.25
(quar.)——
SI.75
Truax-Traer
208 So.
"
10-17
preference (quar.)——'
Coal, common——
80c
11-15
$1,25
*
1
;•
$1.50
$1.12 A
—ft_^
.
,11-15
1.0-19
6ft
11,
Extra
10-19
Western
.
$1.50
Tung-Sol Lanip Works gommon..-—
12-15
50c
Quincy Market Cold Storage & Warehouse
5ft preferred (quar.)—— —_—
Inc.. $6.50 pfd.
At
12-15
50c
(quar.)—.
Rockland Light & Power (quar.)-———
Rolland Paper Co., Ltd., common (quar.)—
6ft ' preferred
(quar.)——
1—1—!,
12-11
preferred (quarjftUniversal Insurance (qiutr.)
Explosives, Inc. (irreg,_
Bennington RR. (s-a)—:
12-15
———
Roos Brothers,
1st
Trinity
$1.25
(quar.) —
(quar.)-:—
Riverside Cement, $5 preferred
12-22
12
$2
Rich's Inc.
■ft $2.50
-
$1.75
preferred (monthly)—-.,————
preferred (monthly)—-.—
Public Service Electric & Gas Co.—
$5 preferred (quar,)—.!_;
7ft
preferred (quar.)
Puget Sound Power & Light————————
Purolator Products, Inc., common——
$4.50 preferred
—
(quar.)___—
Reading Co.; common (quar,)—
Reed (C. A.),;,$2 preferred -A—-
11-10
10-16
11-
.——ft.—:
(quar.)————,————
Raymond Concrete Pile common (quar.)——
$1
9-18
1
10-25
11-
.
10c
ssmic
Rapid Electrotype
9-18
,11- 1
.
10-15
11-15
—
(quar.)—,
Insurance
11-15
11- 1
ft. pfd-
—
(quar.)
Pulp & Paper Co., 4 A
Fire
Westchester
11-1
(quar.)
Co., common
Triumph
6ft preferred
11-15
: * 11-15
pfd. (monthly),
6ft preferred (.monthly) —
;
5ft> preferred (monthly).
T— — ——
10-16
41 Ac
Quarterly Income Shares;.——-.
Quebec Power Co. (quar.)——
1
$1.25
Edisop, Co. 7ft
Trane
41'mC
6ft
$3
Mines
Toklieim Oil Tank & Pump Co
3
6ft
Quaker Oats Co.,
Gold
To burn
10-25*
10-16
1
11-
50c
■
1
11-
,
12-
$1.25
r: 10c
pfd. (quar.)
$5 pfd. (s-a)
Ltd—.
———ft—
10-
11-15
41 %C
(quar.)
50c
West Virginia
.11- 2
$3.60
10-10
:
50c
1
(irregular)
preferred (quar.)
Manufacturing
West Point
11- 2
12-
Holders
12- 1
convertible
preferred-(qtiaxv)—
--ft,—v,-.__.„ftJ; T7Ac
Penn Electric, 7ft/
preferred (qu'ar.)$1.75
6ft
10-11
1
12-12
10c
84Ac
Therraatomic Carbon Co.,
Manufacturing,
1
11-
37 Ac
—
—
1
J5c
of Colorado, com.
Public Service Corp. of New Jersey—
■
.■
11-
'
Public Service Co.
West
_________
11-
5ft
8 ft
11-20
$1.75
—
10-16
11-
30c
commolu——
$1.75
preferred (monthly)
6ft preferred (monthly),——.
7ft preferred (monthly)—w—_r—
■
7f/<>
■
ft——ft;
Texas Power & Light, $8: preferred (quar.)7ft
preferred (quar.)ft—-ftft——ft
Textron, Inc. $2.50 preferred (quar.)ft_—__
10-17
1
12-
$1,75
11-24
(initial)———^-'
$1.50
—
7ft'
7
12-
—
(quar.)
3
..Preferred
V2'ft
10-10
of Rec.
;
When
*
Steel Foundry
preferred (quar,43%c
West Michigan
11-24
(increased)
common
Per
12-15
Tacony-Palmyra Bridge, 5ft pfd. (quar.)i_
5ft preferred • (quar.)4
Telautograph Corp. "(resumed.)ft-!ft-!—!All"
Texas & Pacific Ry.,. common
(year-end)
10-18
50c
Ltd. (interim)
Service Co. of Colorado— ;
Common
1
$3.50
Proprietary Mines,
Public
Oil Corp.,
preferred
Syracuse Transit Corp.>
10-20
2
common
preferred -(quar.)
12-
11-
Co..
Sun Ray Drug
11-
$1
6ft preferred (quar.)—
preferred
7ft
11-
$1.10
preferred'
potomac Edison,
11-
Holders
11- 1
"12-15
25c
„
Payable
Share"
Company'
Name of
of Rec,
When
10ft
—ft
(quar.)
Common
25c
VMorrts (Philip)!'
' 'ft
Philip-Jones Corp., 7ft preferred (accum.) —
Phillips-Petroleum Co. (quar.)—T—.——Pinchin, Johnson & Co., Ltd.—
Amer. deposit jrcts for prd. regis (interim)
Pioneer Securities Corp.' (irregular)————
Portland Gas & Coke, 6 ft preferred————
7ft
1
Payable'-
.
$1.12 A
(qUar.)_!
•4Aft class A preferred
1
12-
$1.25
Philip Morris.. See
IShare'
.
(stock dividend)-
Oil Co., common
Sun
2
$1.50
preferred (s-a)—T_
Philadelphia Electric, 4.4ft pfd. (quar.).—•_
Philadelphia Warehouse & Cold Storage——
Philadelphia Co. 6ft
-
Per
10-16
10-
1
$1.10
Co.———
Brewing
pfelffer
11-15
11-
$75c
(quar.)—
preferred (quar.)
—
Pennsylvania Electric, 4.40'! pfd. B (quar,)
Pennsylvania. Power, $5 preferred (quar.) —
6ft
Name of Company
...
.
Holders
When
Per
■
Ltd.,
Fehnman's
of Bee,
Payable
Share
•
Monday, October 30, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1900
*658300*
.658300*
.'658300*
.541850*
.541850*
.541850*
"
Volume
Number
160
1901
THE COMMERCIAL & FINANCIAL CHRONICLE
4329
the. plan
Condition Statement of
Shell Union Oil Corp.—Earnings-
the prompt deposit of a very substantial
the near future, the reorganization committee
is dependent
upon
percentage of bonds in
said.
Quarter Ended Sept.
30--
1942
1943
1944
■
$
plan has been approved by the District Courts and by com¬
mittees representing all but two of the issues called for deposit, viz.;
The
The condition statement of weekly reporting member
of' the
banks
cities
Federal
the
shows
week
ended
mand
101
leading
changes
for the
in
System
Reserve
following principal
deposits adjusted
$724,000,000 in de¬
decrease of $769,000,000
and a
state
Immediate
The
States Government
that
The
Oct.
the week and on
during
V
v;
;
;
,
.
r
10-11-44
R
S
Assets—
.
,
67
+
'
for
26"
+
.
—A—
330
55
1,319
2,269
—
i——
+
+
+
1,891
-f
10
..
.
•
68
+
9
■'+■',
Foreign banks-—---
—769
U.
and
Gov't
S.
during week—:
accounts,
——.
———
The
+
+
83
curities
and
'
Corporation
($1
The
to
bonds,
actual
The
W.
C.
Michel,
each
of
Eastern
Executive
and
Representative,
New York 5, N. Y. or, to the Treasurer for said Trustees,
912, Frisco Building, St. Louis 1, Mo.
The bonds will be
stamped with appropriate notation of such payment pursuant to above
court order, and returned to holders.
and
gas
Sept. 27, 1944, the. company purchased from the estate of Frank
deceased, for $174,000 in cash all of the outstanding stock
the
centered
the
in
well
as
Names—
Chas.
oil
and
gas
area
proven
p.
Period End. Sept. 30—
sales—
"Gross
Balance
7,610,980
Its
for
but
it
also
Hincks
Bros.
Co.-, 10,000
Robert
S.
Judd
Co.—™
Gross
Expenses
and
gas
in
lands
oil
of
3,000
3,000
&
Co.,
Morris
&
2,000
Inc™
Co.—
2,000
82,000
-———Years Ended Dec. 31
1,200,722
1942,
1941
,
$4,548,722
2,527,020
$2,881,528
$3,407,584
1,612,000
1,980,968
admin,
taxes
includ.
480,335
937,530
690,489
821,241
$437,890
$1,084,172
$579,039
$605,375
(other than'inc.:tax.)
Net
1944—9 Mos.—1943
Fed.
inc.
160,500
180,000
481,500
120,000
373,500
360,000
.274,704
208,060
842,629
685,738
opers._
(net)—_
5,962
772
2,329
$443,852
$1,084,944
$581,368
$607,598
surtax
102,519
profits' tax_
income
175,000
175,000
174,060
141,637
526,500
108,000
28,189
6,217
18,000
12,000
income——
$193,479
$365,444
$286,368
268,750
247,250
exc.
of
Net
&
inc.
Conn.
Dividends
118,250
— —
"After post-war refund of $12,000,
1942
—V.
119,000
2,223
.
tax
tax
nor.
"Fed.
540,000
124,500
from
inc. bef. inc. tax.
State
of
59,898
$2,118,947
—_
&
gen.
—
1943
Penn¬
$9,660,220 $26,779,755 $31,963,215
"7,518,314
22,795,668
24,134,183
—
etc.,
exps.,
Account
Income
dis¬
goods sold
Selling,
$7,829,032
-
taxes-
& Co.—
Co.——
4,000
&
jess
sales,
counts,
Cost
1485.
$3,984,087
—v:
amort,
&
5,000
7 Mos. End.
has
$2,141,906
facilities—-;—;
Ordinary
15,000
&
agreed
has
Shares
Slocumb
Brush,
Co——
each
Names—
&
Consolidated
main
$1,358,889
_————
Depreciation L
special
$8,969,869
which
Fahnestopk
&
of
units
follows:
38,000
Scranton
Brainard,
purchase and
of derivative
lands.
of Texas
1944—3 Mos.—1943
——
costs.™
as
—™—
Davis
H.
are
Middlebrook
&
W.
Paul
Net
Manufacturing
Jackson
stock
common
July 31, '44
Panhandle
159,
the
Shares
,
—
Other
.
of
shares
Paine, Webber,
Curtis
Coburn
completed
the several underwriters and the respec¬
purchase from the several sellers,
Steel Corp.—Earnings—
Sharon
of
number
Ltd.,
Silex Co.,
The
and
:
...
minor
as
Canadian corporation.
a
Johns, Quebec, where it carries on minor manufac¬
the assembly of parts into
line of products for sale in Canada.
"Silex"
tive
The corporation will receive none
proven
the
Louisiana.—V.
and
Ltd.,
Co.,
operations
Underw riters—The names of
holdings of unproven oil and gas lands in Louisiana, Mississippi
Oklahoma
Silex
its plant in St,
turing
the
purchases and sells crude oil and acquires
or
the
the
than
Wolcott,
has
are named as
outstanding and
now
is the production,
manufacture and sale
prospective
are
sylvania
or
Broadway,
January. 1943, a branch assembly plant was established by
in Circleville, Ohio.Plans are being made to expand
In
of
1Q, cents
business
It also produces,
Provision
forwarded
Room 2549, 120
should be presented
general offices are located at 80 Pliny St., Hertford,
operations carried on at that plant include
moulding of plastic materials; stamping, polishing buffing and plat¬
ing of metal parts; sewing textiles used in making filters; and assem¬
bling completed units.
Glass parts, such as bowls, are manufactured
for the company and are supplied to it principally by Corning Glass
Works, Corning, N. Y., on an order basis.
E.
quarterly
are
Company(s prin¬
1936, its name was changed to the Silex Co.
Manufacturing
inclusive.
principal
natural
develops
minor
on
issue,
of
sold
be
electric models, for civilian use as soon as materials
in 1943 the company supplemented its standard coffee
two-cup drip units and other drip units and
"war-time"
with
.
of
usual
continued to produce and
units, and it is engaged
range
company
Peabody & Co.
Kidder,
to
the sale.
1, T948,
company's
activities
Ry.—Interest Payment—
pay
July
and
shares
The
from
to
sale
57c. bonds $38.42.
series B
$1,000
to
Government.
has outstanding 1,345,570 shares of common stock and
serial bank loans, maturing semi-annually from July
2 7c
products.
Thompson,
A.
prepared
be
proceeds
company
of
The
trustees recently announced
and after Nov. 13, 1944. to the
holders of prior
hen mortgage bonds outstanding in the hands of
the
public or pledged, the sum of $6,559,569, being payment (in
respect of the series A 4*7 bonds) of the unpaid balance of ,$13.83
of: the July 1,
1933 interest, payment in full of the Jan, 1, 1934
interest amounting to $20, and payment of $2.22 on account of the
July 1, 1934 interest; and (in respect of. the series B 5% bonds)
payment of the unpaid balance of $20.68 on the July 1, 1933 interest,
and to a payment of' $17.74 on account of the Jan.. 1, 1934 interest,
Total
per each
$1,000 series A 4% bonds will be $36,05, and per
Frank
and
Kurn
dividend
making
coffee
units for various branches of the
Company plans to resume production of its full
standard
operations in the Circleville plant to include operations other
assembly, particularly in relation to glass coffee makers., .
Omaha, Neb.—Div.—
the
number of stockholders.
1, .1945,
(Continued from page 1868)
they will
has been confirmed.
Cer¬
are appealing from
Corp.—Registers With SEC—
par) common stock,
$350,000
Investment News
M.
a
has
underwriter,
the
of
J.
and
$4,
par
non-electric
cipal plant and
filed ■ a registration statement with the Se¬
Exchange Commission covering a public offering of 101,593
corporation
owned by a
that
declared a
19
stock,
Shamrock Oil & Gas
The
.f
the
St. Louis-San Francisco
Oct.
on
common
the company has
period
war
including
Conn.
Court.
Circuit
the Hartford Products Corp., owns the trade-name
and
"Cafex" coffee makers operate on
the
percolators to supply the market therefor created by coffee rationing.
Company was organized in 1929 in Connecticut as Wolcott, Inc.
On
to
12,449
the
available,
are
83
+
directors
shares
General
the properties and the sale
acquire
the
on
438
10
33
—
+
line,
per share
dividend of
37%,. cents per share on the preferred stock, par $25, both payable
Dec. 23 to holders of record Dec. 10.
Similar payments were made on
April l, July 1 and "Oct. 1. this year.
A 207c stock dividend was also,
paid on March 31. 1944.—V. 160, p. 1232.
—6,506
+ 178
Fourth
New York Curb Exch.
stock is listed on the
"Silex"
The
standard
its
Federal
of
the
Paine,
common
manufacturing
On
+ 1,557
859
190
—.
Borrowings—^.-———,'A———™.
Debits to demand deposit accounts except
Interbank
,
+ 5,248
1
in
40
6
+
did
as
Florida,
offered
principle,
During
sell
118
,
.
-
1,091
—
+ 724
'
Domestic banks—9,206
..
Seaboard-All
25
Oct.
on
and are normally manufactured in a wide range of
styles, sizes, and finishes, including models for use on a kitchen range,
and electric table models, as well as styles designed for restaurant use.
bondholders of Seaboard-All Florida
the foreclosure decree.—V. 160, pp./ 1531, 1232.
V1'1'1'
deposits-adjusted——™
.——36,614
Time deposits———. ■■
7,477
U. S. Government deposits.-———7,023
.
conclusion
same
of
Securities Acceptance Corp.,
Demand
Interbank deposits:
to
+
+ 114
the
minority
"+
2,1.96
—«—
Liabilities—
sion
581
——.
reach
Webber,
as"",
Offered—Paine,
are:
subsidiary,
"Cafex."
vacuum
approving
properties
tain
9,412
Reserve with Federal Reserve Banks——
Balances with domestic banks
owned
City,
holders
Stock
and associates
is engaged in the business of manu¬
facturing and selling glass coffee makers, both electric and non-elec¬
tric; as well as stoves, ranges, water heaters and other equipment used
in connection with glass coffee makers.
Company owns the following
trade names: "Silex," "Silex, Jr.," "Teaket," and "Filtrex."
Its wholly*
has been appointed
of Baltimore, Baltimore/ the
minority
with
Listing—The
Aug. 31,
representing
Court
12
—
always
not
realize funds for the
offering
makers
—1,268
2,902
is
History and Business—Company
subsidiary, have been
sold at foreclosure sale for about $9,350,000 to Seaboard Railway, the
new
company
organized to carry out the plan.
Seaboard Railway
Company has been authorized by the Interstate Commerce Commis¬
2,386
+
606
Obligations guaranteed by U. S. Government
Other securities——_i—————-—
committee
The
1,117
6
+
York
New
court will
22
—
Co.,
59
—101
7,327
—
it
reasons
payment of estate taxes,
Webber, Jackson & Curtis in
Coburn & Middlebrook; Charles W;
Scranton & Co.; Paul H, Davis & Co.; Brainard, Judd
& Co.; Brush, Slocumb & Co.; Fahnestock & Co.; Hincks
Bros. & Co., Inc., and Robert S. Morris & Co,
"
the
.,
Trust
&
95
—i, 611
142
1023.
p.
possible.
as
Curtis
&
Associated
.
Bank
—
73
mechanical
Co,—Common
to
made
1, 1934.
1, 1945.
—
7
—
19,560
Cash in vault-——-
Jan,
bonds, extended at
the Georgia and
Alabama bonds and an individual owning certain Seaboard securities
appealed to the Fourth Circuit Court of Appeals from the order of the
153
—
ii
—
10,435
Treasury certificates of indebtedness—™
Treasury notes———
matured
the plan.
The Circuit Court of Appeals
affirmed the action of the Virginia Court.
The same committee has
an
appeal, raising the same questions, pending in the Fifth Circuit
Court of Appeals, but the reorganization committee believes that that
—
-:v
net income
secondary distribution 82,000 shares of common stock
$14.25 per share.
The offering, consisting of three
Virginia
+
1,062
———-■
Treasury bills
bonds,
1st mtge. 5%
depositary and the Mercantile Trust Co.
Old Colony Trust Co., Boston, and the First National Bank of Chicago,
have been appointed subdepositaries.
A
—-—r——-
—
pther loans-
Ry.. 1st mtge 5%
secured notes-are not required to deposit their certifi¬
since the committees have
approved the plan and 'the holders
be.
bound
by the plan unless
they withdraw their deposited
will
29)
,
160,
blocks of stock which have been held in trusts is being
1943.
Shore
securities.
296
546
obligations./—™—
at
three-year 5%
225
684'
————_
Loans to banks
;
mtge. 4% bonds, due Jan. 1, 1949.
1st consol. mtge: 5%<
bonds,
RR.
Georgia & Alabama Terminal 1st mtge. 5% bonds/ due Dec, 1, 1948.
Tampa & Gulf Coast RR. 1st mortgage 5fo bonds, due April 1, 1953.
Holders of certificates of deposit issued by committees representing
underlying mortgage bonds of the Seaboard System,
Seaboard Air
Line Railway refunding mortgage bonds, Seaboard Air Line Railway
first and consolidated mortgage bonds ox*'Seaboard Air Line Railway
purchasing or carrying:
(
consol.
a
.
848
Other securitics__--.___i-^-_-'--_--.-
Other securities
1st
Peninsular
&
Silex
Jackson
matured
secured notes, series A,
6%, matured July 1, 1934.
,
>
'"<
t
Seaboard Air Line Ry., Atlanta-Birmingham 1st. mtge. 4%
bonds,
matured May 1, 1943.
>.
Seaboard & Roanoke RR. 1st mtge. 5%
bonds, extended, matured
juiy i, 1931.• •/»
■
•
South Bound RR. 1st mtge. 5%
(reduced from 6%) bonds, matured
April 1, 1941.
V,:,...
pur-
obligations
Real estate loans
5%
Carolina & Northern Ry.
Chemical
6,136
U. S. Government
1,
West
Georgia,
agricultural
—
quarter
to arrange companies in
exact alphabetical
However, they are always as near alphabetical
position
Georgia & Alabama Ry. 1st mtge. consol., 5% bonds, due Oct.
901
$0.90
1943 period and for the nine months
NOTE—For
are:
'
Central
matured Jan.
chasing or carrying:
Other loans for
sought
are
Ry. 3-year
Central RR.
Florida
$602
—
$1.35
wholly-owned subsidiary)
ended Sept. 30, 1944
compared
(a
Corp.
1st
1931.
1,
Carolina
10-20-43
8
10,980
U. S. Government
'
cates
54,079
investments—total-—ui——
dealers
Railway
'
Increase ( + } or
and
Line
Feb.
Decrease (—) Since
brokers
Line Ry.
Air
Seaboard
•
10-18-44
to
Air
$1.67
Line
the
for
$817,951
possible
mtge.' '4% bonds, due April 1, 1950.
ref. mtge. 4'+ bonds, due Oct. 1, 1959.
1st & consol, mtge, 6 %, bonds, due Sept. 1,
'
'
"
Seaboard
■
to
$712,808 for the
$18,209,223 $11,769,643
$22,538,062
—
Pipe
$0.35
1942
1943
$2,238,000 compared with $2,404,000 last year.—V.
was
settled by mutual concessions
years required for formulation
now
four
deposits
Line
.1945,:
.
.
with
Shell
4,540,694
$0.58
1944
Line Railway
.
of dollars)
(In millions
Loans
which
for
Air
755.483
8,155,000
$0.60
:
30—
Sept.
......
for
order.
Air
7,774,029
10,064,095
737,222
7,950,000
77. it is probable, the committee Said,
another
Seaboard
18
/
,
"~:
and
issues
amounted
plan
new
a
3,000,000
share———
per
income
Net
plan.
Seaboard
liabilities of reporting
;A summary of the assets and
member banks follows:
Commercial,' industrial,
and
revived
Should
.
amounted to $190,000,000.:
Loans and
be
alternate
an
receivership.
the
of
controversies
the
of
many
of
trict, $21,000,000 in the San^Francisco District, and $178,000,000 at all reporting member banks.- ,
'Borrowings of ,weekly reporting member banks in¬
$33,000,000
termination
would
•
Ended
income
that failure
1,500,000
8,030,693
—„
the
income
Florida
deposits.
Deposits credited to domestic banks increased $43,000,000 in New York City, $52,000,000 in the Chicago Dis¬
creased
Net
emphasized
transfer of the reorganization to
a
have to be evolved under Section
.
Months
9
Net
accelerate
to
$38,000,000 in the Boston District, and
OQO,000 in New York City and increased in nearly all of
the other districts; all reporting member banks showed a
net increase of $6,000,000.
All Federal Reserve districts
participated in the decrease of $769,000,000 in United
Net
committee said.
for
period.
income per share...
to. complete
committee
reorganization
10,611,904
adjustments &
contingencies
income
Net
Section
77, entailing inevitably a long delay.
The present plan, it was pointed
out, already has been in'development for more than four years and
is the result of compromises by representatives of bondholders designed
trict; the principal increases were $347,000,000 in New
York City, $88,000,000 in the Chicago District, $84,000,000 in the San Francisco District, $67,000,000
in the
$36,000,000 in the Philadelphia District, and the total in¬
crease was $724,000,000.
Time deposits declined $33,-
the
company,
deposit of bonds will force
deposits adjusted increased in all but one dis¬
Cleveland District,
and solvent
14,096,097
581,118
9,163,000
inc.
60,497,027
of the
consummation
expedite
will
reorganization in current equity proceedings because of insufficient
the
$93,000,000 in New York City and $101,000,000 at all re¬
porting member banks.
Holdings of other United States
Government
obligations
and
of "Other securities"
showed relatively small, changes for the week.
Demand
reorganized
a
declined
of indebtedness
securities
84,012,298
123,109,960 103,405,902
89,739,052
73,332,747
debt
for post-war
Prov.
other
"deposit of
funded
Deduct—Prov, for Red taxes on
plan, remove the railway from court jurisdiction in which it has been
lodged since 1930 and enable security holders to receive securities of
Chicago; all reporting mem¬
increase of $142,000,000.
Hold¬
certificates
of Treasury
ings
Interest .oh
proposed
and other matters.
gages,
District outside the city of
net
Coast
Commission
capitalization, to be followed by a formal order of
the Commission upon completion of the preparation of the new mort¬
Government deposits.
'Holdings of Treasury bills increased $165,000,000 in
New York City and decreased $48,000,900 in the Chicago
a
Gulf
opex*ating income
selling and general expenses
Prov.
for deprec.,
depl., intangible
devel. exps., amortiz. & nbandon.
Costs,
bonds, for which there is no committee, and the
bonds, a small leased line issue.
The Inter¬
has issued a report indicating approval
mortgage
and
Commerce
the
of
'
in
ber banks showed
first
the
Tampa
An increase of
Oct.'18:
Gross
and
1943
the
and
160, p. 1743.
$58,500 and $15,738 for the years
July 31, 1944, respectively.
ended
months
7
12,203.
$393,146
258,000
.
Room
Certificates
mortgage bonds should be
and payment of such interest to
Trust Co.,'70 Broadway, New York City, '
deposit
of
prior
for
Profit
Other
Bank
Hanover
&
certificates, Form 1000, will be required of all holders
corporations.
The mortgage contains an unlimited
tax-free
covenant,
and in
accordance with applicable
regulations
the
Railway trustees will pay for account of bondholders
(other
than
domestic
corporations)
who file ownership certificates in ap¬
propriate form, Federal income taxes up to 2% of the interest paid.
Ownership
except
domestic
Interest
will
be
the
on
paid
on
consolidated
11,
Dec.
next.
mortgage
See
^
series
also V.
A
160,
and
p.
series
L.
H,
Simmonds
has
been
Air
Seaboard
B
bonds
tingencies
deposit
appointed Vice-President
159, p. 1597.'-
and
General
Line
Ry.—Reorganization
securities
in
support of
the plan.
Net
Earn,
10,083
4,025
28,569
"1,630,000
4,515,000
V 75,000
150,000
225,000
profit
per
Provision
$167,388
$273,911
$475,133
the
$0.51'
$0.64
$2.51
Xnc.- -New
Dohme,
Sierra
'
V.
Gross
of
Pacific Power
taxes
tirement
Net
res.
160,
p.
after
1671.
Co.
$3,51.9,419
1,425,494
138,358
294,061
504,558
1,306,728
taxes,——
income
———
income
Net
475,069
—
139,826
™
145,292
$1,154,876
414,579
.J.
—j
425,498
$629,646
& other deductions,
—
475,438
$1,009,585
$1,044,225
————
———————-
-
289,191
$904,399
——
—
133,073
305,405
$729,378
335,678
335,678
$293,968
$393,700
1
•
has been elected
1300.
a
member
of
Balance
Earns,
$229,650
$2,657,421
$2,505,014
figures
The
54,558
are
62,494
671,514
718,274
45,858
53,681
566,340
'614.512
subject
$2.47
i_
.
$3.31
1300.
to
adjustment
and
audit
-V.
160,
directors
on
Oct.
24
75-Cent Common Dividend—
declared
a
diviend
of
75
cents
per
share
of
15, from surplus earnings for the year 1943.
On April 1,
a
distribution of $2 per share was made on this issue.
In 1943,
one
payment—amounting to $2 per share—was made on April 1.
The regular quarterly dividends of $1.25 per share on the
.
on
'
share—(113,938 shs. of com. stock
p.
Southern Ry.-—To Pay
1944—12 Mos.—1943
re¬
accruals
per
160,
-
Earnings—
$246,650
income
Note—Above
p.
—;
profits
excess
Total interest charges
Committee
^
1944—Month—1943
revenues
income
and
earnings from operations—:
Gross
160, p. 471.
Executive
•
Committee.—V.
Period End. Sept. 30—
Operating
-
$3,741,939
■
'
Wallis, Philadelphia attorney,
Executive
—
,
depreciation—
income
Other income—net
$1,209,347
$0.24
share—
•'
Philip
—
for
Federal
1943
1944
——:—
—
—
General
deducting post-war refund credit.'
&
Co.—Earnings—
Sept. 30—
450,000
——
com.
Ended
revenues
Maintenance
12,009
1,168,000
Member—
Committee
Consummation
Months
Operation
—V.
the
their
$6,180,357
Inc.—V.
reorganization committee appointed to carry out the
reorganization plan requested holders of 14 of the railway's bond issues
to
$2,358,701
12
Net
Reorganization proceedings of the company moved into a final phase
when
$1,595,936
"560,000
———-
Sharpe
charge of
of Bonds—Prompt Deposits Will Expedite
Consummation of Reorganization—
23
62,063
and
profits taxes—
Prov. for post-war con¬
"After
Asks Deposits
Oct.
$6,124,294
72,243
—
and State inc.
excess
advertising.
Manager of Schick Service,
$2,286,458
21,988
$812,471
income—
Interest
Fed.
1743.
Joseph B. Elliott has been appointed Vice-President in
and
$1,573,948
13,287
———
Operating
Total
Schick, Inc.—New Vice-President—
sales
income-
Sioux City Gas & Electric
lien
presented or forwarded for stamping
Central
$799,184
——■
the
common
ord Nov.
stock, no par value, payable Dec. 15 to holders
rec¬
last,
only
non-
to holders
Tel Autograph
Dec:';15' >
stock,-par $100," was' also declared/payable
~15vw>V» 160, p. 1744.' •
^
cumulative preferred
record Nov.
of
-'New Director Elected—^" - ''■■• .j
"r""'■ *"/•■>. V-./ '
V-f?
Ernest E.- Norris, President^ announces the election; o-f Drl- Douglas V
.Southall Freeman as a director to fill the vacancy created bp the r$~ •
cent death of Dr. John Stewart' Bryan.—V. 160, p. 1744. _«
t
■i Net
railway—--_x„
From Jan. 1—
2^552,095
•
.
earnings'. ■—xG_i.
Gross
•■
share.
com.
.
.
..
.
tax
profits
>79,041
$122,808
$41,508
$0,18
$40,027
$0.17
:
$120,811
$0.53
$0.54
in
required
•
'
130,"
1943.- -V.
redemption, exclusive*'of.
of
the cost
$199,852
.112,422
,
.
;
■
(Del.)- -Jointly Owned Subsidiary Changes
'■1 .i,
■: - ■- ;■ ■ ■
>•■ -,''■,' ;;, ■«
Texas Co.
4,574,315 ' " 3,233,929
Name— ■"
•'
■
-
-
.
..
The
.
-
.
Eastern Petroleum Co. has changed its name to
American Overseas Petroleum Co. ' The company, originally organized
jointly by Standard Oil Co. of California and Texas Co. in July of
this year, manages the foreign exploration and development activities
of companies jointly owned by-the Standard and Texas concerns with
the exception
of their Arabian and Bahrein interests. • AmericanOverseas directs exploration and development' of properties in Egypt,New- Zealand
and Australia,
and will include 1 the Netherlands East
Indies after liberation from Japan.—V. 160, p. 1335.
f ;
'■
iA,..4 ' ?■;
;
American
Hemphill, JJoyes & Co.xx-
1744.
160, p.
1,500
W..E-. -Button & Co.
4,000
,
*
Fenner
&
Beaner.-xx..r.u.
Reynolds & Co.__
4,000.'4,000
-
;.x__w
: Bacon,
:
&
Paul H.
Davis & Co./,
Co
Inc.
' 2,500-
R. S. Dickson & Co.,
Inc.-.
Hornblower & Weeksi^._t_„
-■
'.
2.500
•
—
•
.
1,000
•:
1,000
■
Co;.
^
: >
-1,000
,,
Piper, .Jaffray & Hopwood
The- Robinsons-Humphrey
2,500
...
LOOO
Whipple ■& Co._-__
Johhsop; Lane, Space .&
,
3.000,
Shields
1,500
The' Wisconsin Co.__
J
Merrill Lynch, Pierce,. - 4;
-
—V.
debentur.es, due
corporation for
accrued^1 .dividends, iof all -416.395
shares) of the ■•outstandingr-f^'-preferred stock 'fp'at;'.$lQ0j- at $11^
per share
and divr:*: r.
.• •
The balance of such net proceeds- (estimated $^4,14,425);'- is initially
to' become part of' the corporation's generalvfunds,,;. and as, such may
be: applied -to any corporate purposes;- ;
• / ; •'■; *
"
' N' '
Underwriters—The names- of >the • underwrites "and the- amount of
stock underwritten by each are as*follows:
■ •> ...
*;•
no. of
-v.;-no. of.;.
'f
'
,* ' "' r. '
' '"Shares''-.:.," ; \ hJy.r' ;-V""
I'1
r Shares
Kidder, Peabody <fc Co.10,000. ^ Courts'<k Co
1,500Union Securities- Corp.-'-v - 10,000-: i,Jk)lger;';Nolan;&'Cti.r.Inc. -' " 1,500'
:
Riter & Co
: 4,500
.Graham)- Parsons' ^-Co._i u 1,500
1,500
Eastman, Dillon & Co,-- : 4,000 a; Ha'dgarten-^&jCo.xx>rx_i,
-•
■
^
Period—
per
.
182,650,153 145,578,551 100,938,666
86,680,567 61,929,036 4 3Y,999,485
27.333,107 28,519,306 - 23,988,728Week Ended Oct. 14
Jan. 1 to Oct. 14 '
1944
1943
1944 '
' 1943,
$ '
$ '
v ' " ' $
>
^ '
6,629,570
6,428,079 271;322,182 258,812,659
railway..— 196,256,220
78 935,608
/Net from, railway———
24,718,365
! Net. ry. oper, income—
■Gross from
profit • ""J*.
Net
>27,172
36,056;
provision for excess
,p. 1781. ..;
:<■
v :
1941
.$235,230
$68,680
$76,083
taxes
income
prof," taxes—
exo,
*"No
$12,488,453
.
Nov.
1944—9 Mos —1943
1944—3 Mos.—1943
for ;Ped.
&
9,398,709 4 "5,036,073" -•"
'9,780,658
3,618,277
8 144,503
v
income—
oper.
ry.
;
prov.
Earns,
7' :
-
$20,717,235 $19,141,126
railway—- $22,322,746
from
>Net from
1943
1944
September—
Gross
to Date
1942
September and Year
for
Earnings
*
,
Net.profit before
($2,450,0001
except; $1;500,000 ,3 Vb ^
sinking , fuxid.1, 1956 at 1031-4 and int. and to reimburse the
Gorp.r—Earnings—
Period.End. Sept. 30—
.
Monday; October 30, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1902
.
Texas
the $4 cumulative preferred and common stock, held the plan was
unfair in that it inadequately provided for the junior security holders;
the plan, the
share
each
for
stock, of Standard
ph new common
stock.
common
*
holders of the $4 cumulative preferred would -re-'
and all accrued dividends one-third of a; share
Equip,
-
—
note or debenture are to receive $690 in portsecurities, $110 in cash and $200 in new five-year 4%/debentures;
V.
,
Net
'
Other
160, p. 1024.
Co. below—V,
Texas
Sterling Drug Inc.—Further
Fixed
"
Expansion—
-
.
—V.
a
manufacturers;—V. 160, p."' 1744.
11
160,
Sun-Kraft, Inc., Chicago—Class A and
to Be Marketed—
'
;
v
Lawrence
-
Quarter Ended Sept, 30—
Operating
Net
earns.,-after
airplane
Revenue
passenger
Net
Quarterly Dividend of 12%. Cents—
■aliare
H6v.
-
the' class
on
as
.
10.
'•
.
,
.
Ready—
-Sunray Oil Corp.—Definitive Debentures
Definitive
Hov.
2.
New
York,
140 Broadway, ;
N,v Y.—V.' 160,
9 Mos. Ended
from"
"Operating
.
-
$345,823
36,573
/
.
,il_
--'depreciation
41,182
70,577
71,261
48,976
48,475
v
1
-
general expense——
i-J-i
Administrative .and
than
other
Taxes
Xxiterest
'
income.!-
bonds!:
on
25,496
26,778
—
46,219
42,825 '
—_J
;
financing costs amortized-
14,897
;
15,067
'Other income
Total
State
Hams,
avail,
"Earnings
"On
—V.
_
:
income
taxes
on
for
class
A
and
160,
com.
stock--—99,622
$0.31
"A" stock and 24,000 shares common stock.
*
872.
p.
—-
8,368,831
'
1
324,325
———
,
———————J——,
154-*-
^
—
-
$21,428,054
'/
3,755,000
for contingencies————-
stock
—;
———;
————J-,
•;
Income
<fc
taxes
Net
(est.)
—v. 160. p.
Gas Corp.
Other
excl,
exp.,
Federal
preferred stock at $103
taxes
—L—.
5,360,120
/
•
•
10,69F,60S
.$8,941,246 $10,916,770
■/'.•■':
: !
$1.05
.
,■•"•:
1
■
$0.96
$1.78
.
' .-1• :
■
(& Subs.)—Earnings—
1944—3 Mo's.-!l943 '! ' 1944-^12:Mosi—1943 «
$13,074,892 $12,092,568 $59,4)77,823r $55,409,63P,
5,502,163 - 4,943,060" 22,391,552, 20,375,974
" l;503,915
T 897,647 '• V9,620i808 V - 5,993,864
1,097,944
1,148,364^ .4,673,481 V 4,850,083
.
,
deplet.
and
reserve
■„
taxes"
taxes
Prop.* ret",
,
31--
revenues—
oper.
Oper;
$1.00
:%■;
1781;.
194^,74f>
,
•
-'
.// jv;-*"■. '
.
—_L„
Period End. July
•
Total
-
^$9,300,138 ...$9,753,274
stock
-172,839
8,318,976
-
'■■•'•' y- - .
18,406,1L0 .18,253,062'
'
-
share-.on
per
9,399,254
•
22,722,478
income-
common
-
-
-
profits
(est.)
Earns,-
Offered—An in-;
-
8.273,511
—
excess
.
Subs.)—Earnings—
161,317
149,794
amort., & other
charges
$21,428,054
'
.'•' 1944-' " ' ' 1943 " ■
' 1942.
1941 '
$40,445,922. $37,720,025 $35,686,123 $27,163,242
Sept!30—"
__l_————■
Deprec.
.
———
funded debt—1
on
4,851,875
4,588,953
—-C— —
—
—
3 Mos. End.
702,86(5
—
L———————
160, p. 1781.
Income
Int.
.
807,157
1,839,500
-
—:
surplus
cities
for Penn.
Mass. income
Net
approp.—
Bank,
(net)—
income
Gross
"
2,728,971
•
-
2,72fh,444>11,827,095« 12,283,944
income
.
$2,543,322, $11,494,777 $12,264,026
$2,493,601
—
int. to public, etc.,
deductions ————
applic. to mi¬
914,744"!
1,057,047
3,780,718
3,842,405
•
Portion
48,841
43,162
203,175
172.072
$1,530,016
$1,443,113
$7,449,197
$8,311,236
interests.
nority
surplus—
Balance,
1
.
$2,241,899 •: $2,375,053 $10,964,887 $11,899,773
251,702
168,269,
529,890,t r 364,253
Net
personal' property taxes, not in excess of
taxes not in excess of -6.6%-.
Co. Incorporated. Registrar; Chase
New York.
revenues—
oper.
Other
Earnings of United Gas-Corp.
the listing
Exchange.
Corporation—Corporation is engaged principally in the manufacture
and
sale of continuous filament rayon yarns made by the" yfscose
and cellulose acetate processes and in
the manufacture and sale of
rayon fabrics knitted from
rayon yarns of its own manufacture.
In
addition, the corporation also has a portion of its rayon yarn pro¬
duction woven into fabrics for it on a contract basis.
Such knitted
and woven fabrics (as well as rayon
fabrics occasionally purchased
by the corporation) are dyed and finished, either by the corporation
of
"17,924
$1.77
.
and
National
..$49,042
31,118
share—!..
per
1,340
$99,464
$130,739
31,118
——„
1,180,723
2,011,912
" 456,677
•
surplus
Transfer agent: J. P. Morgan &
50,422
———'
preferred stock-
32,184 shares class
1,144
102,848
accrued-!—/
mills,
4
$98,124
$233,587
-
.
profit: Lie—!-
Net
•.Dividends paid
•
v.__;
income,'.-!—
Federal and
■
■-
$232,444'
stock
preferred
"
-
.
4,341,454
assets
Union Carbide & Carbon Corp. (&
Tool Co.—
;
$4,749,131
—
——
—
—
—
———L-i..—L—■■;
Total L
banking group headed by Kidder, Peabody
& Co. and the Union Securities Corp. offered Oct. 24
dividends.
-
cumulative preferred stock——
—V.
vestment
share plus
deposits—
demand
and
—
United
4%%
-
1914
Treasury certif. and tax savings notes—
Paid-in
said.-p-V. 160, p. 1565.
^$100 nar)
July 31,
Sheet,
Earned
.
preferred stock is redeemable, other than for the sinking fund,
at the option of the corporation at any time upon at least 30-days',
notice at $107.50 per share if redeemed prior to Oct. 1, 1946, the
redemption price decreasing 50 cents on C>ct. 1, 1946 and on each
Oct. 1 thereafter to and incl. Oct. 1, 1954, and at $103 if redeemed
on
or
after Oct. 1, 1954, in-each case with accrued dividends.
Also
redeemable
for
the sinking fund at
$103 per share and accrued
dividends.
Corporation has agreed to reimburse holders of 4%%-
1943
maintenance—
hand
Common
of
shares
175,717
351,433
The
1944
$473,069
Sept. 30—
tolls__x,..
and
CAB
170,765
552,377
——
frequent transcontinental service.;
together with, fast
its .system
170,765
690,461
_,3V2% sinking fund debentures---^-——
control of Transcontinental «fc Western Air, Inc., by
the Hughes Tool Co. of Houston, Texas, owned by Howard R. Hughes,
was
authorized by the Civil Aeronautics Board on Oct. 19, according
to an Associated Press dispatch.
The announcement said Mr. Hughes first became interested in TWA
'in 1939, when he began purchasing blocks of the company's stock, "At
the 'time of the-application he -was represented as owning in - excess'
of $5,505,000 of TWA's stock.
"There is very little room to doubt
that for all practical purposes such control (of the company's stock)
has existed since the end of 1940, at least when 42.1% -was owned,"
a
/
.
$1,260,458
170/765
553,167
,L——L—
—
$650,941
7%
(called)—————
41,470
Dividends on unexchanged shares of stock—
..
30,743
Sinking fund payment of 3 '/z% debentures—.325,000
Accrued liabilities
„L—■
—i-:
—^
3,834,550
improvement
goal of providing adequate point-to-point service between the
70.000
Tacony-Palmyra Bridge Co.—EarningsxXncome
per
Tubize Rayon Corp.—Preferred Stock
debentures of that issue'on
at the Guaranty Trust Co. of New'York,
p. 1024. •
1944.
$1.99
93,400
'
payable
preferred stock
by the
Acquisition
:
1.; 3959,...
sinking fund debentures due June
15-year'3%^
to
Control Acquired by Hughes
the
will be ready,for exchange for temporary
compared
1,304.400
,
Accounts
1944, totaled $2.04
share for the like
fleet shortly.
' \ .
Jack Frye, President, stated that these additional airplanes will en¬
able TWA to improve the- service offered to
the cities on its route
but that the
total number of airplanes available for operation by
TWA is still far short of "the number required to enable TWA to attain
ow
$1,405,907
Liabilities-—
7%
its
$1,246,136
.
74,883
Total
in utilization, scheduling and
increased 50% over the 1943 period.
An
airplanes have recently been allocated * to the
operating
/
$644,115
__A——
dividends
Deferred charges
government and they are currently in the process of
conversion from military to commercial type and will be added to the
quarterly dividend, of YiVi .cents, per
payable'Nov; 15 to" holders of record "
•"
'
/'
as
DO-3
seven
155,832
dividends
Reserve
company
/;; ' 1 'Y
■.->...
taxes
continued
of
159,512
States
additional
•
.
result
a
125,400
78,048
642,200
611,500
42,000
dividends
on
maintenance/ revenue miles
a
stock,
A"
—,——
$3,715,898
2,89$,750
84,500
taxes—L_ -
-
Property, plant and equipment' (net)—--;
Patents, licenses, etc. intangibles-—.
operated 34 airplanes in the 1944 third quarter, an increase
30% over the*Jleet operated in the like 1943 quarter.
However,
of
manufactured and sold. ••
^
The company owns its plant at 215 West Superior St.,
Chicago.
The inventor of the lamp is Frank Furody, who is President- and ':
General Manager of the company.
The offering will consist of one
share of cumulative class A and one share of common stock at $5
'pqr.junit.. The proceeds from this financing will > be used for expansion purposes!"
J '!'■ i?
-
—
earnings for the nine months ended Sept. 30,
after
609,000
2,254,500
Miscellaneous
TWA
50,000 of these lamps have been
have declared
miles/—
share
595,319
642,507
ex¬
Inventories
period of 1943.
the company
restrictions.
However, in recent months, due to a partial raising of restrictions,
production has been increased.- Despite this war-time handicap and
the fact that, the product was not introduced until 1940; approximately
directors
per
,
share
per
at
'The
ton
Earnings
__
306,500
Receivables
—_
miles—1—
miles—
ton
Express
for Federal taxes—
644,209
$4,053,010
757,552
contingencies-
A
United
1944 •„..... 1943
$7,783,259 $5,208,674
5,272,381
3,832,105
J
1,420,553
872,927
6,392,715
4,266,471
110,613,685 70,111,921
2,682,540
1,831,696
1,062,668
758,783
$1.46
$0.90
'
—
miles—
$5,789,707
.
Assets—
Inc.—Earnings—
a
$4,955,358
Balance
_D—-
prov.
Revenue
Common Stock
,
revenues
Operating expenses
\
•
-
assistant to James A.
1444.
342,112
$2,918,817
257,655
1,548,000
Net income
Cash
..
'
appointed
been
Transcontinental & Western Air,
'
is*
has
.
leading hospitals.
•
'
February. 1943. to April, 1944, the operations of
a
low level because of War1 Production Board
for
Common
Dougherty
303,635
tax-—
Income
Preferred
King, Vice-President in charge of sales.—V. 160. p.
Following the filing of prospectus by- the company "with the SEC,
Chicago regional office, covering 20,000 shares of cumulative class; A
common/stock, the underwriting' firm of Floyd D.
Cerf Co.,
Chicago, is offering these securities through • a national
-group of.securities dealers.
• •
-i
a'1
'The company manufactures a patented filamentless quart.z. ultra¬
violet ray therapeutic lamp operated, by a high frequency electronic
tube and circuit for home- use whieii is being sold in leading departw-ment and sports equipment stores and. electrical supply houses throughout the nation and in many countries abroad.
Sim-Kraft, Inc., also
manufactures a professional lamp that has been purchased by a numof
V.
$5,486,073
253,745
profit taxes
excess
Class
$4,701,613
177,330
,
—u-
value
cess-profits
Inc.—Secondary
10,847,129
684,193
.
tax, surtax
declared
&
,v
credits—
charges
normal
Fed.
Prov.
(
''and 20,000 shares of
From
1781.
p.
Income
State
Mail
were"
$4,543,924
'
$314,946
:
;•
534,12©
9,052,524
309,881
11,392,331718,611
$2,741,487
from opers.
income
Gross
Offering—A secondary of¬
.
Sterling affiliate, to
286,203
income
prof,
376,282
472,503
6,528,638
exps.
gen.
Other income
New Official—
division of Sterling Drug, Inc.
'
Besides being well-known in its own field, the Hilton-Davis Chem¬
ical Co. is manufacturing intermediates required in the synthesis of
Atabrine, the anti-malarial, as well as Atabrine powder.
This has
been done under royalty-free license granted by Winthrop Chemical
will be operated as
•'*ber
$2,805,996
3,743
Net
&
——189,723
goods sold-'
Sell., adm. &
fering of 22,210 shares of common stock (par $1) was
made Oct. 19 by Blair & Co., Inc., and Maxwell, Mar¬
shall & Co. at $1114 per share.■
plan will become effective Jan. 2, 1945.
As soon thereafter as practicable, according to James Hill, Jr., Sterling President, the Cincin¬
will be dissolved as a corporate entity, and the business
■
$518,900
$818,750
21,867
—
____;
freight
$7,372,407
69,093
'2,759,390
$623,016
income
Textron,
nati company
■;
296,107
$5,602,215
168,421
2,627,798
59,473
1943a
1942
1941
$9,932,352 $17,122,437 $17,393,676 $13,945,058
allowances,
Returns,
Fed,
,
a
Gross sales
209,457 ' u "
$6,904,759
467,648
69,587
'
-
Years Ended Dec; 31—-
.
July 31, *44
$7,594,947
- 687,884
2,304
$6,772,297
1,546,997
'G
$5,015,843
586,372
$759,277
charges,
Net
-;i
Reorganization of the Hilton-Davis Chemical Co., Cincinnati, manu¬
of chemicals and dyes, and transfer of its assets," business
and god-will to Sterling Drug, Inc., were recommended on Oct. 26
'''
by L. A. Hoffman, President of the Cincinnati concern, in a letter to
/stockholders.
' ' - ■
The
transaction involves an exchange of stock, on the basis of
3% shares of Hilton-Davis" for one share of Sterling, or approximately
45,000 shares of Sterling.
The plan of reorganization and transfer will be voted upon by Hilton-Davis stockholders at a special meeting Nov. 16.
If approved, the
Co.,
income
Miscell. deductions
facturers
-
,
7 Mos. End.
Cost of
$553,429
income
ry." oper.
Total
■
"Standard Oil Co. of Calif.—Subsidiary Changes Name— \
See
Crl,942
Suihmary of Earnings
\
1335,
160, p.
75,922
35,735
Kirchofer Jc Arnold; Inc.T
.
2,000
,
Holders of each $1,000
folio
$833,257
189,932
■
rentals
fac,
Jt;
$779,096
operating1 income
rentals
xx—
Ry.
,
Gas.' No provision is made for the
750
750
Burnett and Co.^—
-Oscar
2,500
;
Evans & Co.,
Inc.
1944—9 Mos—1943
$5,873,205 $59,949,249 $51,680,177
3,511,820
34,201,056 29,772,908
1,528,128
18,975,896 14,312,322
Operating revenues x-A • $6,790,455
Operating expenses ^—
3,853,284
Ry. tax accruals—2,158,075
.vjng
eeive
C. Langley & Uo.-<
Cleipent A,
,
1944—Month—1943
Period End. Sept. 30—
the company's amended plan for reorganization after hearing objec¬
tions from several security holders.
Two of the protestants, * represent-'
Under
^
Pacific Railway—Earnings—
&
■
Commission has reserved decision tin
and Exchange
Securities
The
W,
Decisioh
Electric Co.—SEC Reserves
Standard Gas &
Listing—Corporation has agreed to make application for
the 43%%
preferred stock on the New York Stock
Period End. July 31—
Oniy
-
194.4—12 Mos.—1943
1944—3 Mos.—1943
Oper. revenues—Natural
$1,876,530 $12,752,008 $11/074,979
$2,144,250
gas
rev.
deducts—
Oper.
Natural gas:
Oper.
excl. tax
exps.,
Federal
97,979
retire;
108,771
211,225
"
7,511,380
8,078,336 '
1,372,385
'
..
212,419
taxes
Prop,
-
1,197,412
823,867
' '
762,613
769,723
reserve
appropriations
by others, and sold by the corporation.
Corporation obtains substantially all of its raw materials in the
United
States and Canada
and conducts «1I of, Its manufacturing
activities and makes substantially all of its sales in the United States.
1,524,622
taxes
Other
672,100-
106,100
110,600
—_
650,000
or
(James) Talcott, Inc.—Earnings—
,
9 Months Ended
Operating
•Prov.
Provision
<
Sept. 30—•
normal
for Federal
Net
profit
"Earnings per
—$623,232
income—
net
Fed.
for
income
tax
and
profits tax
exeses
——
—
common
$617,250
—
share
—
162,000
180,000
186,800
surtax
135,500
$274,432
$0.66
$301,750
$0.75
in
addition
Gross
Net
-
res.
$614,309
123.269"
income.
Above
$550,584
1944^12 Mos.—1043
-
$7,229,026 -$6,5Q1,923
after re¬
accruals
120,171
figures
are
.95,808
92,438
1,283,263
1,246,306
subject "to adjustmept and
p,-1672. /
preferred
Common
debentures,
stock
(par $100)--—
Financing)
Outstanding'
Net
h 201,515
'1.181,920
—L—
audit.—V. 160,
■
.
'
stock of which the
■of' 4%%,
Purpose—^Net
at'
$6,967,500,
(net)
$78,049
2,168,755
income
etc.,
deducts—
$1,980,293
9,390,558
$1,381,263
9,896;23l
$2,246,804 $11,370,851 $11,277,494
4
943,009 1 3,608,833
3,804,957
$2,318,702
870,643'
1,000,000 shs.
Jurisdiction
Commission
directors created an issue of .70,000 shs.
i
proceeds (exclusive of rtecrimd dividendestimated
will be used for the redemption or payment of all
Oct;
released
was
over
SEC—
$7,762,018
$7,472,537
<
the Securities and Exchange
United Gas Cori>.
23. by
terms and conditions of the sale by
3% first -mortgage ■ and-collateral" trust bonds, due
1962, to 60 institutional investors, at par,
At "the -same time,' the- Commission released" jurisdiction
overThq
terms and
conditions of the - issuance- by -a subsidiary, 'United.- Gas
of
$100,000,000
-
.
Pipe Line Co., of" $23;OOO,0OO" of 4,% "first mortgage" bonds,
to United Gas Corp.-in exchange for-a-like amount'Of^Pipe
debentures.
--
-
•
■
-
•
••
•
;
"
'
due 1962.
Line^ 6%
;
Jurisdiction was continued over the fees >.and- expenses ■ to- be - incur1"-"1 iti connection with the issuance and sale-of the bonds.—V. 160,
P-
1565.
0
\
$i;303,795
$1,448,059
income
Sale of Bonds Cleared by
70,000 shs.
4702,866 shs.
applying $130,000 in sinking fund. . tExclusive of 2,4161/7 shares
reacquired, by the- corporation and held in the treasury. JThe, stockholders on "Oct. 20 approved the creation of
100,000 shares of pre¬
r
int.,
Net
will call for redemption $2,450,000 of the outstanding
3M>%
sinking fund debenturees and -deposit • in trust with
Chase
National Bank, New York, trustee, funds sufficient for the redemption
thereof.
This will reduce the outstanding amount to $1,500,000, after
ferred
$198,630
2,120,072
gas
income
Gross
$5,000,000
*$1,500,000
f 100,000 shs..
'
(par $1)__
ural
,
Other
due
—
stock
revs.—Nat-
oper,
'
"Corporation
1944—Month^-1943
revenues-
income
tirement
4%%
fund
1956
stock, cumul,
1,
Preferred
during
Tampa Electric Co.—Earnings—
Operating-
sinking
Nov.
plicable thereto.—V. 160, p. 472.
Period End. Sept. 30—
to Present
Authorized
3 Va %
the third quarter of 1944 non¬
recurring net income approximately equal to 60 "cents per share on
the outstanding common stock, after nonrecurring disbursements ap¬
had
Company
(Giving Effect
Capitalization
Net
,
'
•
Volume
United Carbon Co.—Two Ne\V Plants—
plants of
black
carbon
Two
Ector
190.3
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4329
160
v
;
-
'
each present outstanding share of 6
cumulative redeemabio
preference stock.* par- $100, and for the issuance of. one new $10 pa/'
share
of common
stock in: exchange for each present outstanding
share^ of no par ■ cohinipn stock. -Giving effect to this plan,
there
will be authorized and outstanding 48,000 shares of $40 par preference
for
499,989 shares, or
holdings of the .preferred stock by 5,630 .Shates, to
of .' the outstanding total.
■/
"
'.
13.878 ':(>
'
■
.
"
channel type will be erected in
the . Defense Plants Corp.,- and leased
the
It
New York State Increased.their
also reported that brokers in
was
holdings of the common stock by 11,751 shares to a total of 1,784,165,
County, West Texas, by
the United'Carbon Co., it
was announced at Fort Worth, Tex.,
recently.Facilities mil . include .pipe lines, carbon'gathering and gas
systems,
and an employees' housing -project.
Construction; will get
■under way in the near future, it was said.—V. 160, p. .1025,-
to
and there was
20.5/,
or
State
York
New-
a
*
of 1,797 shares in the holdings of
preferred stock to 387,821 shares,
gain
of
brokers
total...
of ,the
10.765',v
or
,
the
•.
,
■
.
..../
■
•
>-
-
■
and
June
on
plan,.
:*
Sept. 30—
Period End.
&
-stamp
agency
•
operations
■,
amortization /
Profit
store
from
&
operations-other
agency
Other
'
$1,771,738
Dr20,000
21,597
Dr4,327
$650,798
$661,880 *
Dr2S,206,
charges
.'
$670,798 * $1,943,217
$1,964,815
$1,767,411
..
•;
The
Total
Bond
income
interest
Prov.
:
28,564
86,305
85,721
28,722
:
.
*259,000
•'846,000
-
*
687,000
%
•'
./;• 25,000
*115,000
275,000
300,000
profit from oper.
cum. -$5
pi'd.
Net
Divs.
$249,110
$243,076
$758,094
$694,106
39,000
161,670
316.410
50,291
96,906
1936-—
Divs.
on
prior pfd. stk.
comparative, purposes.—V." 160, p. 1565.
States Plywood Corp.—New Warehouse—
United
,
.
announces
United States Potash Co.—Stock
Offered—An invest¬
headed by Lee Higginsori Corp. of¬
fered for sale Oct. 25 50,000 shares (no par) common
The issue has been oversub¬
.//
■;
The shares being, offered are owned by Borax Con¬
solidated, Ltd., which owned 262,500 shares of United
States Potash common.
The latter company will receive
none of the proceeds from the offering.
In addition to
Lee Higginson, the offering, group includes Paine, Web¬
ber, Jackson & Curtis; Blyth & Co., Inc.; Smith, Barney
& Co.; Graham Parsons & Co.; Bosworth, Chanute,
Loughridge & Co.; William R. Staats Co., and Newhard,
Cook & Co.
V-V'" ?'// / •'■/.
;
Transfer
agent, Central Hanover Bank & Trust Co., New York.
$35.50
share.
a
' '
scribed.
>
New York.
Bankers Trust Co.,
stock
stock ($100 par)—2—
par}—_—
pfd.
(no
Common
Net
Years—■
Sales
1933-,——'■ $2,592,671
"
*
1934—1—,
1,301,068
1935—2,145,781
2,493,610
1937-———
3,357,221
334,183
-338,157
343,542
279,620
3,972,463 <
231,'261
1940—,4.373,694-.267,795
1941.
5.713,685,/. ,235,394
3,442,797 *
—
6,156,290-
1942——i—
1943-——x
v?,249,718-
.
J ' 4,705,308'
t!944_i_
1
,
"Deficit.- /Provision
316,192
333,986
' 232j400
ritor
Federal
,
355,994
884,542
1,544,312
1,540,849
1,551,107
1,910,912
2,632,932
2,675,973
3,302,533
'2,058.549
and
New
.
as
follows:'
1937
•■
$1.50
$2.00
($1,00
1939
-V$2.00
■•/'
■
-
underwriter's
of
states:
letter
'■
view
"In
..' /■.. '
,•
,
793.490
1,343,196
203,015
1.337,834
Gross
199,297
Net
from
Net
ry.
405,430
1,351,810
1,505,482
858.508
1,774,424
970,962
1.705,011
.
/,'
$2.75
.
683,048
.70,763,704
30,066,466
21,583,020
6,673,086
8,792,477
6,573,611
charges
(A
,*'l'/;
are
...
underwriters, and the num^common stock to be purchased by them, respectively,
Shares
Name—
Rigginson Corp.-'—— 10,000
Webber, Jackson
Curtis
10,000
Lee
Paine,
Blyth
Co.,' Inc.
Barney & Co:—.—
&
Bmith,
8,000
8,000
160,-pi< 1782.;
f—V.
the
1943
.
;
•
William R. Staats Co.
1
Operation
2,000
_/
Co.—Expansion—
-
Crl8,174
-
_
,•
■
-
A
new
150-gallon
/
:
collapsible
is being pro¬
ground crews to
newly made and
cloth and rubber tank
by this company for use by Army Air Force
assist- in eliminating the dust hazard, enequntered qn
duced
captured air fields in war areas.
This tank will be used for spraying dry air
fields and as a. means
Army's water supply as the troops advance. *
- .
such that this tank may be used during the post-war
period for transportation of water in tropical areas.
It can also be
designed to carry .gasoline, and other- aromatic liquids, with • slight
changes in the manner of manufacture and material.—V. 160, p. 1782.
of carrying the
The design is
United
Brokers'
the
States
outstanding.
Other
-
income
be
agreed
affected,
can only be effected by '.'an' • arrangement
to by holders of three-fourths of; the. shares of
represented and voted at a meeting called1
the-' arrangement,
confirmed
by
sanctioned,
stock increased during
6,868 shares to 2,077;208 shares, or 23.867
of the
In the same period brokers also increased their
by
Supplementary
Net
Consolidated Earnings for Years Ended July 31
,
—/
Balance
plant
Assets—Utility
$307^,435
—
Sheet, .Sept. 30, 1944
(including
intangibles),
-
t
terials
debt
and
supplies,
discount and
,
Liabilities—$6
4,755
53,865
33,630
122,004
155,412
11/513
152,333
128,800
954,821
250,000
1,23;)
for
for
depreciation-.
refund
wheat
on
earned
677,122
for
Prov.
and
Dom,
inc. ,and
383,929
for special war-time inv.
excess
The
125,000
will
Balance
Sheet,
Nov.
27
-
$218,332
and
etc.—
*
receivable
bills
Cash
/Milling
"
invest¬
shares
of
1,998,723
wheat
.
Deferred
charges
—i——
:
refund
under
*
2,384,339
62,144
1,152,798 •
profits tax—
78,720
221,000
57,360
180,000
$9,234,657
$8,555,10-:'.
$2,400,000
Si,413,000
2,205,700
excess
2,205,700
—
7
—-//
Total
preferred stock
•tCommon
Bank
—
/
stock
for
Reserve
taxes—
income
194,433
loan
for
111,844,133
refund
Accounts
of
wheat
payable,
Pension
drawback
832/30
125/00
125,000
* ='852,053
601,052
$9,234,657
$8,555,104
50,000
wartime
Surplus.
916,223
936,217
etc.—
reserve
Special
.
1,412,000
.677,122
■
inventory reserve—
;
.
Total——
———
'-'After reserve
$6 cumulative
long-term
deferred libiHties, $66,853;
of
construction,
160, p. 473.
$35,336;
approving a
rearrangement
share capital, which provides for the issuanee of
new cumulative redeemable preference
stock, par $40
the .company's
two
1,861,129
4,066.
i—__
——
/
47,301
r '■■
1
1,970,964
w____
—
•.
1943
.
$3,098,902
725,171
48,463
1
836,482
—
Inventory
Res.
Co./LtcL/To Reorganize
on
31
$3,062,196
etc
——
—
Accounts
$216,56::
$308,710-
July
Liabilities—
$365,000; common stock. $552,000;
vote
Cr 180~000
CrTl/OO
Trade memberships, misc. investments,
Patents, trade marks and goodwill-.
of amortization, $97,690;
surplus, $327,866; total, $12,458,255.—V.
stockholders
-
res.
prof,; tax
'1944
estate,: buildings,
Investments
28,427
£538,009
* : 319,677
$11,297,358;
cumulative preferred stock, $1,138,600;
Western Canada Flour Mills
qf
133~42i
draw-
'
$114,637;. prepaid taxes, insurance, etc.. $9,213;
in process, of amortization, $138,176; com-
preference stock,
$913,655
51/25
expense
debt, $6,720,000; current liabilities, $426,009;
reserves,
$2:826,590;
contributions in aid
1943
64/26
./Real
42,719
,
second
•
1942
4,860
/
-
;Net profit/^.—_—/.■■ $246,197
561.041
ments, $178,320; cash, $163,213; U. S. Governrnwrt-securities; $232,683;.
accounts receivable,. $164,288; accrued utility revenues, $62,678; 'ma¬
_mission on preferred, capital stock.in process
total, $12,458,255.
.
?
Ltd.)
1944
operations____:_„„-__.
fees
Refund, portion of
Crl2,91S
$509,582
284,327
other; deductions.———
and
income
c
$1,410,162
$5911,762 "
——
Court
the Supreme
letters patent.
5,000
Prov.
'183,744
182,089
$546,002
45,760
-
income
Gross
Steel Corp.—Foreign, Etc., Holdings-
holdings of this company's common
third quarter
total
to
as
excess'profits taxes_—
47,000
that
New ^Product—
assets.)
are
the
back:
84,364
66,086-
—
the reduction
which reservd
of assets',
realization
on
$1,646,821
Prov.
»/'117,841- 1"1'18,320
;./.,..;///
.'. Net- earnings
Interest
the purchase-was made to round out further
the mechanical goods-division of• the-rubber company.
He added that
no change in the management or operations of the Gilmer, company is
contemplated.
John S. -Krauss, President, will continue in the active
management:of, this business.7
.
,
v
88,342
for
taxes
of
of
Post-war
Federal
the war effort.
said
value
management
interests
by
share capital,
(..■Assets—-..v
;
589,186
_
^
.
depreciation—/_
y//,,.,, 1,
income taxes__i„—
excess profits 'tax.//
Provision
■'General
Federal
Smith
book
and
provided
be
losses
for
required
dividend
'
An
will
$1,533,854
$1,571,373
GeneTai, expenses charged to construction-—
Maintenance
will
common
provide
the
fixed annual
/
<.'■■■
i,-
Prov.
1943
1944/
/
revenues
position
Pension pay, plan for past services
Interest in bank loan
Co.- -Earnings—
Years Ended Sept: 30—
Operating
3,000
Newhard, Cook & Co.__—
President, has announced that this company has
agreed to purchase/he assets and business of the L. H. Gilmer Co. of
Philadelphia, manufacturers of industrial V-Belts, automobile fan belts,
rubber covered
rolls and industrial .truck wheels and other related
items,A major part of the Gilmer company's current production is
Mr.
present
best
.so
Earnings from
.
West Virginia Water Service
Shares
Graham, Parsons & Co,___
5,000
Bosworth, Chanute, Lough¬
ridge & Co.,
—_
4,000
Name—
^
United States Rubber
for
$855,700
to
make
to
present
(Not Including Purity Baking Co.,
r
per
Herbert E. Smith,
'
of
the
only
Consolidated
follows:
as
must
class
,
common
share,
A
company paid two
$1.75
to
unable
be
Years Ended July 31-
semi-annual dividends qf 25, cents
each and, in aaidtion^.on Dec.. 16,-last year, disbursed an extra of
50 cents.—V. 159, p. 2241'./'
,/ / / r " ' /"
//,
; V'
In
Underwriters—The names of the several
bei-of shares of
of
amount
on
will
company
down the
in'the
Ontario-and
semi-annual
the
extra
day, and addi¬
to 800 tons of
potash; currently requiring 2,200 to 2,700 tons of ore per
grade of ore/
been declared
$l,v both payable Dec. 12 to holders of record Dec* 2,
50 cents was paid on June 12, last.
Total for. 1944
have
financial
the, basis
the
of
,
Provision
of
share
/-.
special reserve should
in the book value of
a
accumulated arrears of dividend by cash
of income and excess profits taxei)
the
under
directors
be
consider
Dividend—
par
per
/•
.
that
The-proposed reorganization
each
' /
stock,
Present-capacity of the mine is 4,000 tons of ore per
ctions have increased the daily capacity of the refinery
day dependent On
cents
-
reduction
a
Remuneration for executive officers
dividend
25
company.
continuous
a
Legal fees
above.—V. 124, p. 2585.
dividend of 75 cents per share and the usual
extra
An
the
in
also of the opinion that it
company; if its corporate namp
embody, the word ."Purity",; the^ trade . namp
under which
most of the
advertised products of the company are
marketed* It is recommended that the- name "Purity Flour-Mills Ltd7'
(presently held by a wholly-owned subsidiary of this company) ;be
adopted;
The necessary .steps will -be taken to* protect the- use "of
the present; name of-the company.
•!•*-■.
;
■ '
■,
v.. ">
Washington & Vandemere RR.—Dissolving—
West Indies Sugar Corp.—Extra
'
•.
desirable
provide- for
reserve
to write
•
Coast Line ~RR.
to
value
were-changed
160, p. 1782.
See' Atlantic
resulted
company's products,
strengthened.,
available
Directors'
was incorporated on Dec. 18. 1926,
Potash Co. (no stockholders' liability)
with a life of 50-years../The qiresent name was adopted on Dec. 31,
,1929.,
Company is-engaged in prospecting for, mining, refining and:
distributing potassium salts.
Its mine is located some 20 miles north¬
east of Carlsbad, New Mexico, and its refinery is situated roughly 15
miles southeast of-Carlsbad and five miles east of.Loving, New Mexico.
of
resources
has
working capital if the
to be met.
■
/
are
book
The
r
two plans of
this corpora¬
Mandelbaiun
has recommended both plans be submitted to the-SEC for study.
:
The court, allowing the SEC until Nov.. 22 to submit its report, set
Dec. 21 for a hearing on both plans before Oscar W. Ehrnhorn. the
/ ■
'
special master.—V. 160, p. 1673.
paid on
bakeries
the
this
liquidate
and
be
would
./ Approving a special .master's report recommending, that
reorganization filed in the reorganization proceedings of
tion are worthy of "consideration, Federal Judge Samuel
Mexico as the American
of
to
capital
the
of
42,275,455«
13,408;223
7,296,357
Corp.—Reorganization to SEC—/
the
on
also consider it
now
applicable,
improvement in
981,574
27,262,043
of
for
available
unable
which
History and Business—Company
muriate
be/further
directors
payments,
and
-
market
drain
largely prior'to
in bakeries, made
company
.
"made
is
1,695.498
70,776,556
railway—-
railwaj'—
Warner Sugar.
4
During
in March, June
1943, .cash dividends of 50-cents per share were paid
December and of $1.25 per share in September.
3,097,367
56.124,754
oper. income--...
ry.
—V,
\>
1943,
$2.75
$7,995,413
3,430*481
the
the fixed assets and investments of the company.
It is apparent that the company, in its present
$4,899,263
993.326
income
oper.
Net: from
•
2,546,632
635,761
of
serious
a
acquisition
and
$7,209,692
com¬
recent, .years
The
1941
1942
1943
$7*399.641
railway—1—
railway—_
from
Net
Mexico income taxes:
■
the
should
From Jail, 1—-
Gross
1,208,549
850,000
1942
$2.50
from
1,925,633-
1,376.900
During 1944, cash dividends of 50 cents per share have been
March 27 and June 27, and of 75 cents per share on Sept. 25.
in New
.
Earnings—
1944
milling
Canadian
and the contingent liability of the-company now
at $1,000,000.
'
working capital of the company has improved since 1939 by
funds realized from the .sale of country elevators and the company" )
investment in The Dominion Salt Co. Ltd. and by increased earnings.
Nevertheless; - the directors consider it essential to the future wellbeing rand- development of the-company that the working! capital
you
September-
respecting
The
debentures
Wabash RR.-
91,052
Canadian
for
demand
these
essential
from
investment
will
201,116
and
Order-in-Council
.an
stands
feel that you should have the opportunity to
we
the
1939,
in
war
the
the earnings of the.
bakeries as a whole were not satisfactory for a number of years anclthis company was called upon to make large advances from time to
time.
The total investment in and advances to Purity Baknng Co.,
Ltd.,
from- its inception- to July 31, 1944, aggregated
$2,602,023.
In addition, this company guaranteed a special bank loan of Purity
Baking Cp., Ltd.,: which was incurred in connection with the acquisi¬
tion of the various bakeries.
This loan has been considerably reduced
so desire,- and we hereby offer to accept
which you purchased from us and" receive
from us the return of the purchase price of 103 plus interest to date/'
The offer expires Nov. 13.—V. 160, p. 1445.:,
-
the
you
meet
on
became
and assured
renegotiation
of the debentures,
from
of
taxes
While
be
the
'
of
,
in
*
that
fact
the
to
effective
The
,
of
-
annually, after providing for normal depreciation: and taxes
(exclusive of the refundable, portion thereof).
Further,
result
1930,
,
,
share, to
per
Aug. 1, 1943, no refundable portion of excess
income, arising, from. flour milling, operations will
accrue
t'o the company.
The'refundable portion of excess profits
taxeis
on
income
arising from operations other than flour milling
Will, however, continue to accrue.
'
/ /.
;
-
if
refund,
$800,000
a
profits
developed after the effective date of the
registration-statement! and prospectus, but prior t-osyoui' purchase from
"9,659
1941
1940
$2.25
the
of
outbreak
substantially
capacity
panies
.
./'.'r
debentures states that renegotia¬
was commenced during the time/
publicly and that a refund of
was large enough to affect the
■
'
/
$2.50
of
rate
income
as
341,786
r
;
•
The
matter
$1,025,225
14/08
.
1938
-
war
cancel your purchase if
/•••••/
'Company paid no'cash dividends "on its common stock prior to 1936.
Dividends per share in 1936 and in each subsequent calendar year have
1936'
effect
$171,499.
Profit
$151,823
tEight months-ended Aug., 31
been
company's
full
on
De¬
-
,
the
increased
$205,000
sustained, would reduce the*
company's income in 1943 by $217,000, or from $405,724 to $188,724,
and would cut net for the first six months of 1944 from $207,299 to
us
fTaxes
the
The
Net
•
letter to the purchasers of the
of
contracts
the
debentures
were
being, offered
$800,000 subsequently recommended
company's earnings.
Oulstand'g
20,000 shs.
525,000 shs.
Authorized
25,000 shs,
525,000 shs,
Depr., Depl. Prof. Bef,
& Amort, Inc. Taxes
$228,276 $1,177,048
334,481
*9,659
—-
1938———
f
The
the
at
mills are'presently operating
requirements of Canada. and.
its
Allies.
As
a
result, gross earnings have reached a new high
level.
However, under the present provisions of the Income War
Tax Act and the Excess Profits Tax Act,
it is estimated that the
company cannot, retain, out
of earnings
more
than approximately
at
issue of 10-year
& Co,, have
the underwriters of its recent
debentures,
headed by Cruttenden
repurchase'the entire $1,175,000 issue.
to
dividend.
of
arrears
Following
flour
Recently Placed with Public—
convertible
offered
tion
Co.—Offers to Repurchase
Products
Radio
company- and
4 \'i
and Dividends
Earnings
'
Calendar
'
The
f,b
,
Capitalization
cumulative
.
"
;
/'. •'■
4"v
Utah
dividends
cumulative
to
1948, and $3.50 thereafter,
stockholders, will also vote on
the
of
Control,, etc., decided concurrently herewith, we likewise hold that our "
regulation of the applicant herein under the Act in respect to the
issue of
securities and
assumption of liabilities of carriers-is not
necessary at this time,
\
As
used
in Section
20a of
Part
1, the term "carrier" means a
common
carrier by railroad (except a street, suburban, or interurban
electric railway: which is not operated, as a part of a general steam
railroad system of transportation) which is subject to this part, or any corporation organized for the purpose of engaging in transporta¬
tion by railroad subject to this part.
'
'
The applicant is not organized for the purpose of engaging in trans- .
portation as a common carrier by railroad, nor does it propose to so
engage.
The carrier [service performed is limited to the loading and.
unloading of livestock by lessees-and the: applicant is not engaged in
general transportation service to the public as a common carrier by
railroad as defined by Section 20a, supra.
',•'/
.,,■"./
We
are
of the'opinion that the applicant is not at present flor •
does it propose to become a common carrier by railroad subject to
our jurisdiction under Section 20a of the Act.—V.
160, p. 1120,
bentures
•
Registrar,
.
.
,
_
new
.
,
ment banking group
stock at
'
.
,
that it has purchased the building at
941
Behan St., Pittsburgh,
Pa., which it will occupy as a plywood
distributing warehouse/ increasing to 16 the number of wholly-owned
^warehouses located throughout the country.
The Pittsburgh unit is the first warehouse opened by U. S, Plywood
since the war began, although in conjunction with The Mengel Co.,
Louisville, Ky., four jointly-owned warehouses have, been opened in the
south this year.—V. 160, p. 1445.
■
' -'
corporation
The
the
not
.
—
"Reclassified for
dismissed
21
exceeding $5;464,000 of 3aA(A
sinking fund bonds, series A.
issue
perceive no reason for including
;
.
the provisions subjecting the ■
applicant to regulation under the Act in respect of reports, accounts,
and so forth, of carriers, or of, the issue of securities and assumption
of .liabilities of carriers.''In Milwaukee Livestock. Handling Co., et ah
on
.stock-
Oct.
on
to
.
331,000".
■
•
conting.—
for
Prov.
'
:
22—i "
Federal -'
taxes
income
'
———
•_
est.
for
$633,674
-
,6$%\
the
on
of Aug,
as
approving a proposal to change
the name of the company to Purity Flour Mills Ltd.
D. I. Walker, President, in a letter to the stockholders on Oct., 12.
stated in part":
■ ■'
The shareholders have been fully informed from time to time of
the difficult conditions which prevailed in the flour milling industry
of Canada during the periodfrom 1929 to 1939, largely as a
result
of : greatly 'reduced voluriie of sales to
export) markets.- Intensive*
competition
for the
remaining
volume
resulted in reduced profit
margins on both : export' and domestic -sales and-consequently the
earnings of the company were drastically reduced.
In addition - to
the ■ reduced earnings the working' capital position of the
company
was seriously depleted during this period, by-reason of the investment
by the company, in common with other large-milling companies, in
bakeries operating in-a number of cities and towns across Canada.
As a result of the reduction in earnings and the depletion of working
capital, the company was unable to continue'! to pay the annual
dividend on its preference shares with the - consequent accumulation
Issue Dis-
application of the company for
first mortgage
'
"
The report of the-Commission states:
'
1
.
The
corporation, by an application filed on Sept.
2,
1944, as
amended Sept, 18,. 1944,. applied for authority to . issue, not exceeding
$5,464,000 of 3aAc'o first mortgage and collateral trust sinking fund,
bonds, series A.
Qn.the same-date the applicant filed, a motion to
dismiss the application for want of jurisdiction,
..
/•
•»
In Stockyards Ry, Co. Control, 254 ICC 207? a proceeding in which ;
the United Stockyards Corp. was the applicant, we stated:
"In view 1
of the fact that the applicant's only relation to transportation subject
to the Act is ownership of securities of stockyard companies
.
.
,.
we
ICC
share
31,
July
1445.
p.
•
collateral trust
and
"
)
160,
Stockyards Corp.- -Proposed Bond
.missed—
authority
inc-.i' less
-
United
2,072,125
300,387
771,625
100,827
/■'
1
•
-
-
2,263,643
320,425
-
30.—V.
June
on
dividends
per
entitled
The
•
-
.
770,982 109,102-
■
1.565'<),
or
$45,401,287
taxes $15,862,576 $15,739,788 $46,879,843
sales
„
&
Depree;
<
>
from-storesand
■Profit
'
1944—9 Mos.—1943
*
1944—3 Mos.—1943
-
deduct.'
sales
'Net
-
The
1944.
Of the preferred stock 57,146 shares or 1.586
abroad, at the end of September, against 56,375 shares,
30,
owned
were,
'•
unpaid
$67.62 >2
shares,
(& Subs.)—Earns.
Stores Corp.
United Cigar-Whelan
$10 par common stock.. Accumulated
preference stock, amountingi to
31, 1944, will be wiped out under the
, .
■ / • ►
' • . • '
preference'stock is to be. redeemable at $55 per share and
shajres of
stock, and -183,000
r
Foreign holdings of Steel common on Sept. 30 amounted to 478,352
or 5.49',b of the issue, compared with 478,676 shares, or 5.5r/o
.
.
each, and two shares of new common stock, par $10
each, in exchange
for depreciation of $2,033,246 in 1944 and $1,895,543
(135,000 shares common stock of no par value. ^Represented
by shares of $100 par.
in
.
1943.
§Held
overdraft
p.
116,
as
,
agents
for
(secured)..
The
graph
case
has
company
Co.
lease
in
Wheat
Board
capital
(at
surplus
cost),
([Including
of $2,805.—V. 159,
•
Western Union
under
Canadian
.^Including
-
and
of
that
which
it
the
•
Telegraph Co.—To Appeal Taxes—
stockholders of the Gold & Stock Tele¬
companies whose properties it operates
motion promptly for reargument of thfe
York State Court of Appeals recently ruled
notified
five
will
New
other
file
a
that
Union
Western
Union
Western
the
of
assessed
taxes
income
Federal
for
liable
is
Sc, Stock Telegraph-Co.
against Gold
that if the decision is
says
for
motion
it
reargument
will
not changed as a result
that stockholders of
request.
upon
_
,
of stock of the
Union for acquisition
Western
by
,
,
.
made
offer
The
is doubtful if charges for income tax liability against
and, if not, Western Union says, the offer made
it
the stock are in order,
in
V.
See
changed conditions.-*-
Works
This
$618,997
$4,816,294
$5,900,002
20,185
BT-14,201
rents (net)—
38,904
Drf 3,444
374,660
Drl35,Q07
Dr138,566
$415,738
$644,457
30,137
income-
16,648
266,720
charges
Net income
:
,
234,775
$661,105
$5,306,889
$6,262;931
269,344
273,235
2,435,095
2.475,479
$176,531
$387,870
$2,871,794
acct.
defense
of
—V., 160.
amort,
projects
$85,295
production records of this company were shattered
first nine months of this' year, with total output of war
amounting to $612,099,591 in sales billed. This figure is
22 % ahead of the same period in 1943.
"The high level of our manufacturing operations," A. W. Robertson,
Chairman, stated, "has enabled the company to reduce its backlog
of
unfilled
orders
(exclusive of held and terminated orders)
27%,
previous
•
during
past
the
V.
Bofors 40-mm,
revenues
of
the
160,
Profit
other
254,795
Fed.
$9,179,332 $12,950,196 $12,206,807
$9,706,047
maint—
&
Taxes
4,389,544
2,857,136
3,817,242
2,997,421
5,964.053
;
3,629,051
246,196
57,085
623,803.
102,687
45,005
375,961
$3,072,008
$3,051,955
898,200
895,850
2.647,200
605,300
Cr60,530
640,400
Cr64,040
627,200
Cr62,720
Cr336,050
$2,459,366
$2,364,669
$3,357,091
60,530
64,040
62,720
336,050
$3,421,§77
408,991
408,273
545,425
period —$1,568,508
$1,515,705,
$4,718,443
$5,090,265
1,964,487
$2.40
1,963,327
$2.59
excess
Post-war
5.319,076
3,466,055
544,335
-
$2,723,124
Profit before prov. for
income taxes „i,,_
182,044
$6,993,079 $10,347,846
;
foreign subs.—
Fed, normal & surtax—
income
exps.
142,417
and
revs.
oper.
169,614
2,077,018
(net)
income
Divs. fr.
1944—12 Mos.—1943
kos.—1943
domestic
from
operations
Other
-
exp._
,
$5,317,020 $13,487,315 $16,816,135
" 161,631
509,843
499,918
2,205,525
5,984,393
5,968,371
$4,969,756
'
gen.' & adm.
Sell.,
'
y,
1944—9
1944—3 Mos.—1943
opei\—_
Depreciation
$9,036,914 $12,695,401 $12,024,764
202,785
from
Profit
Subs.)—Earnings—
(&
Cos.
'
Subsidiaries)
Owned Domestic
Wholly
Period End. Sept. 30—
dividend of $1 per share on
a
and participating
$9,503,261
_
'
1235.
p.
(William) Wrigley Jr. Co.—Earnings—»
year,
1944—9 Mos.—1943
_
income
•
anti-aircraft
,
Period End. Sept. 30
:
•
.
corporation has entei^d the gas turbine engine field for air¬
and., may produce engines, up to TO,000 horsepower, more than
four times the power'of each of the; Wright radial engines used on
the
B-29
Superfortress, according' to G;" W. Vaughan, President.—
..
Massachusetts
Turbine
Gas
Make
Corp.—To
craft,
(And
Oct. 24 declared
on
Aeronautical
Wright
the
preferred stock,
both par $50 per share, payable Nov'. 29 to holders of record Nov. 6.
A similar distribution was made on Feb. 29, May "31 and Aug. 31. this
year, and in each quarter in 1943.—V. 160, p. 1565.
Oper.
c
Gearing Works in" Pittsburgh, it was
and.7%' cumulative
stock
Operating
during the
265,985
$5.70
$9.38
$5.86
provisions in the third quarter, for 1944
The
$1 Dividend—
!The' directors
Total
share-
com.
Engines for Aircraft—
"■ "V '
'
the first
production of gear
has been doubled since
Other
.
266,000
274,870
fBefore provision for renegotiation.—V.; 160, p. 1565,
1944.
1
.
guns
Westing house Electric & Mfg. Co.—All Previous Pro¬
duction1 Records Shattered—Earnings, Etc.—
All
;
units' for
$767,519
$767,654
$85,280
.
1446.
P.
war
$3,787,452
—
——
;v
■,
.
the Westinghouse Nuttall
reported,
$6,028,156
$5,055,947,
250,942
per
'After, certain
month.
a
has tripled
the East Pittsburgh Works
at
,
Western
"Include
carloads
1,500
/
To Pay
$445,875
income
Gross
and
280,082
$5.93
renegotiation.
Prior to these provisions the company states the net income for the
nine months was slightly in excess of that reported for the first nino
months of 1943 before provisions for, renegotiation, for that year, and
was
in line with the
earnings reported for the first six months of
Earns,
important war-time jobs in this district
is
the
production of motors.
In 1943 Westinghouse manufactured
,1,227,300 motors with a combined rating of 9.280,000 horsepower.
The
company's estimate of its 1944 motor production is 1,465,896
common
Fixed
a
t$3,073,457
the company's most
of
One
equipment
$409,754
—
Equipment rents
Net ry. oper.
Other income
1,300
producing switchgear for the Army, Navy and
rate four times,, greater than in normal years.
is
plant
industries at
year.
.
—
facil.
between
now
are
From
Jt.
company's
1944-Month—1043
1944—9 Mos.—1943
$2,888,987 $27,726,970 $26,341,033
1,754,990 17,733,676 15,969,031
275,000
515,OPO
5,177.000
4,472,000
expenses
Operating income
the
at
Indicating the importance of recently developed high freequency
induction heating, in the war
effort, production of this electronic
$2,771,683
2,086,929
revenues
Taxes
East
Pittsburgh division is now at an all-time high level of 28,000 people,
27',* of whom are women,
compared with 12% as the normal pro¬
portion of women employes.
Shipments from the East Pittsburgh
employment
1942
1941
' '
•
■ r
$2,018,637
$2,081,672
1943
1944
outstanding-
shs.
Com.
that
learned
directors
The
Corp.—Earnings—
Machinery
Net prof, after prov. for
Federal
taxes —' '$2,129,893
motors."
Period End. Sept. 3C—
"•'Operating
the
30—
1944
1943
——$16,711,097 $14,491,608
common share—.,,,
$5.21
$4.52
—_
Earnings per
End. Sept. 30—
9 Mos.
Months Ended Sept.
Nine
Net earnings
&
(Including Domestic Subsidiaries)
Ry.—Earnings—
Western Maryland
Operating
under
inadequate
faith may be
160, p. 1782.
good
an
,
companies
allowed
for various accumulated income taxes
against those companies.
If the decision in the Gold & Stock case
stands as it is and if it is found to govern in the case of the other
leased
companies,
Worthington Pump
During the same period
1943.
$69,513,715,
assume
companies desire not to be bound by acceptance of the
offer to exchange Western Union debentures for leased company stocks.
Western Union then will return the stock, and in the meantime any
stockholder
desiring immediate
return of his stock may have it
leased
the
of this year compared with the same period in
the company's Federal tax bill totaled
increase of 21% over the comparable 1943 period.
quarters
three
first
•Monday, October 30, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
1904
prof,
tax—
refund
Res. for post-war contg.
$2,949,864
301,829
491,691
$7,992,843 $11,141,366
2,690,600
3,360,500
equipment
from
$906,200,874 to $655,509,213 at-the end of
in backlog is considerably greater
than
orders
booked
during this period.
.
reduction
new
New
amounting
orders,
$606,703,566,
to
Balance
Interest
expense
Reserve
for
the
the
net
V.
160,
p.
Shares
150,000
conting—
$1,956,397
$2,050,375
'Balance
'Balance
during
21 %
——_
Consol.
available for depreciation reserve
$2,661,667
of
Earns,
September.
This
the reduction in
decreased
income-
of
per
$2,877,342
dividends and
profit for
Stock—
1,964,487
share——2
% $0.80
cap.
Note—Profits
surplus.—
months
ended
ceived.—V.
1121.
of
subsidiaries not consolidated for the nine
1944 were $76,918'in excess of dividends re¬
Sept.
30,
160, p. 673.
Outstanding On
Sept. 30 Increase To $111,101,000
announced
The New York Stock Exchange
on
The volume, of bankers' dollar
Oct. 6 that as of
Sept. 30 there were 1,242 stock issues, aggre¬
close of business
gating 1,480,633,821 shares listed on the New York Stock Exchange,
with a total market value of $52,929,771,152.
This compares with
1,242 stock issues, aggregating 1,499,362,316 shares, with a
ket value of $53,077,487,308 on Aug. 31.
total mar¬
30 amounted to
the Federal Reserve Bank of New York.
the Sept. 30 total represents
ago,
In the month-to-month
public the Sept. 30 figures the Stock Exchange further
change,
said:
30, New York Stock Exchange
amounted to $779,589,205, of which
As of the close of business Sept.
borrowings
net
total
member
$521,880,571 represented loans which were not collateralized by U. S.
Government issues. The ratio of the latter borrowings to the market
value of all listed stocks on that date was, therefore, 0.99%. As the
loans not collateralized by U. S. Government issues include all other
types of member borrowings,
precise relationship between
and those
foreign
countries
In
stored
the
Aug. 31, 1944-
—-Sept. 30, 1944
25J44
589,138,267
Amusement
38,96
Business and. Office Equipment—
4,741,037,384
694,265,055
647,800,661
481,972,988
Chemical——.
6,296,986,048
1,714,812,086
853,407,059
Automobile—.————
Aviation
__
Building
_______—_—______
Electrical Equipment—
Farm
Market Value Av. Price
$
.
Land & Realty—
Leather
——
42.03
849,294,366
62.07
21.64
1,058.868,595
3,453,720,448
49,278,050
37,931,435
266,367,607
—
28.54
8.02
31.92
1,971,602,906
1,489,790,3.78
27.25
614,235,346
5,941,427,401
4,167,510,863
2,995,397,275
648,071,352
25.93
—
—-
Retail Merchandising—
Rubber
—
40.82
40.72
61.01
655,250,152
61.69
38,17
29.75
38.44
40.30
106,432,139
10.79
46.68
19,300,467'
2,358,185,618
46.64
2,381,596,721
11.19
590,251,823
49.93
1,418,206,251
28.52
13,96
90.66
3,916,022,215
91.89
125,120,521
21.45
127,627,013
861,337,658
873,520,834
952,977,593
23.01
211,657,969
.28.96
176,470,550
52,929,771,152
All Listed Stocks—
53,077,487,308
We give below a two-year compilation of
and the average
price of stocks listed
on
Market Value
$
$
Market Value
$
1943—
35,604,809,453
24.20
Oct.
37,727,599,526
25.65
Nov.
30
Nov.
30
37,374.462.460
25.41
Dec.
31_
Dec.
31—
38,811,728.666
Feb.
27
43,533,661,753
Mar.
31
30
45,845.738,377
46,192,361,639
May
29
June
30-
July
Aug.
31—
31
Sept. 30—
28.16
29.61
31.20
31.45
48,437,700,647
48,878,520,886
32.96
33.27
47,577,989.240
32.17
47,710,472,858
32.04
48,711,451,018
32.82
Sept. 30, '43
$68,868,000
10,215,000
7,336,000
8,670,000
6,922,000
12,919,000
23,103,000
189,000
155,000
188,000
3,210,000
countries———
2,817,000
10,599,000
"
BANKS
HELD BY ACCEPTING
...
Total—$84,989,000
others—$42,743,000
Bills of
$3,134,000
—
;
Price
$
32.44
48,178,040,869
45,101,778,943
30.33
31.96
29
May 31—
June 30
July 31
Ave
31
Sept. 30
Apr.
—
48,396,650,695
48,494,092,518
49,421,855,812
48,670,491,772
50.964,039.424
53,067,698,691
52,488,254,469
5T077AR7 ->og
52,929,771,152
ON PRIME BANKERS ACCEPTANCES OCT.
CURRENT MARKET RATES
'■
30.
60
90-
,
—Vz
'
Vz
i'o
%
%
•'
.
•
—
—
150
■
—
—
Oct.
.
'ft
184.806.000
Nov.
194,220,000
Dec.
Dec.
31
32.47
32.51
33.12
32.59
" '34.14
35.55
35.07
?p.40
35.75
Sept. 30
117,016,000
Oct.
30
114,883,000
116,067.000
Nov.
30
X11.2H9 oOO
118,039,000
Dec.
31
116,814,000
119,682,000
Jan.
31
120,497.000
127.062.000
Feb.
29
134,772.000
Mar. 31—
May 31—
31
Jan.
30-
Feb.
27
182.675.000
Mar. 31
177,293.000
173,906,000
Apr.
30
May
29
129,818.000
128,350,000
135,815,000
162,849.000
Tune
30
139,846,000
June 30
156.302.000
31„ 139,304,000
July
31
110,250.000
July
31— 138,692.000
Aug. 31—
130,244,000
A"".
°t
28
Mar.
31
Apr.
30
May
29—
June 30
31
—
—
—
Apr.
Com¬
of Life
Underwriters, ex-officio
a
member of this committee for her
term of office; Miss Helen Rock¬
well,. Cleveland,
the
National
Ohio,
Life
representing
of
agent of
Vermont,
viewpoint;
Stone, agency
Field Secretary of the Mutual
Benefit Life, designated by Miss
Miss
agency
Mildred
E.-
special liaison officer
as
129,358,000
29— 125,566,000
Sept. 30
113,139,000
:___
111,675,000
109,632,000
111,101,000
the
of
ranks of
upon
the coopera¬
women
within
the
the business throughout
the country.
Certain specific ac¬
tivities are being worked out in
conjunction
larger
1944—
190.010.000
31
Aug.
$
197,278,000
fan.
Feb.
July
1943__
118,581.000
1943
Women's
the
record of the
close of each basis, drawing
223,494,000
30
of
Plans are already under way for
developing the Women's Division
of
the
Institute on a national
31
Oct.
193,500.000
Chairman
derwriters.
.
30
Sept.
31—
29
train¬
agency
mittee of the National Association
tion
$
for
Miss
Ellen
M.
Putnam,
Rochester, N. Y., agent for t^ie
National Life of Vermont, who is
ing;
National Association of Life Un¬
Vz
,
.
1942—
30__i— 176.801.000
Nov.
*
of the Women's Committee of the
30, 1941:
$
of industrial insurance;
Putnam
-
month since Sept.
$ept.
tisers but also the
A
The following table, compiled by us, furnishes a
of bankers' acceptances outstanding at the
1941—
rep¬
l7?
Vz
;
17, 1944
Dealers' Selling Rates
Dealers' Buying Rates
1942—
1944—
Jan. 31
Feb. 29
Mar. 31—,
—
volume
26.39
"
Apr.
$74,856,000
Aug. 31, '44
8,142,000
bills— .$42,246,000
180—
47,607,294,582
30—
31
41,410,585,043
CREDIT
OF
$77,746,000
10,536,000
Increase for month-
the total market value
Price
Oct.
30
—$5,915,000
Decrease for year
NATURE
11,278,000
BILLS
120
Life,
Mutual
resenting not only the life adver¬
responsibility
goods stored in or shipped
Days
Average
Sept. 30
,.1943—
281,000
14,14
the Exchange:
Average
1942—
TO
;
between foreign
•
John Hancock
$117,016,000
Dollar exchange,
.
Life, representing the managerial
viewpoint; Miss Margaret Divver,
Assistant
Advertising Manager,
$109,632,000
•
22.93
to the
Mutual
field experience and home office
shipments-,—
.
Penn
the
201,000
—
Exports—
on
of
9,215,000
Domestic warehouse creditsBased
assistant
Barber,
President
106,000
760,000
: 87,000
.
Sept. 30, '44
Imports-—
35.40
949,566,465
in the many branches of
6,318,000
$1,469,000
ACCORDING
27.86
35.75
_____
Miscellaneous Businesses—
Jan.
Increase for month—
Domestic
audience
woman
$111,101,000
Grand Total—
25.69
Operating Abroad
of the
policyholders.* The com¬
mittee, which brings to the Insti¬
among
222,000
6,542,000
%
21.88
25.33
interests
7,146,000
Dallas—,'—
San Francisco,———
22.91
1,344,411,133
...
Insurance, has
been
appointed
by
Holgar
J.
Johnson, Institute President, to
cooperate with Mrs. Marion Ste¬
vens
Eberly,
Director
of
the
Women's Division, in developing
this important new work; "in the
Life
of
special interests
Miss Bea¬
trice
Jones,
agency
assistant,
Guardian Life of New York, who
has a broad background of both
33,000
52.08
3,883,236,960
..
Miscellaneous Utilities—
Foreign Companies—
907,000
City
11
Own
,
3,42,0,000
38.31
38.20
2,393,040,995
1,362,042,349
, i.
*.
2,996,000
26.58
19.79
109,172,271
Tobacco—
Communications
2,848.000
545,000
23.72
18,608,165
Electric (Operating)
Gas & Electric (Holding)
2,509,000
27.49
29.27
Women's Division of the
1,934,000
1,877,000
■;
12
31.57
1,975,876,606
1,465,603,539
620,987,291
6,039,977,751
4,197,325,709
2,970,097,000
24.11
Utilities:
S. Cos.
10 Kansas
7.82
19.30
—
Steel, Iron & Coke.—':
Textiles—2—
Gas &
1,780,000
418,000
29.50
2,360,229,685
591,474,367
1,359,685,832
Ship Building & Operating—
Shipping Services
2,546,000
424.000
21.64
269,340,002
Railroad—
U.
2,259,000
Minneapolis
65.60
1,738,487,445
41.11
!
..
Machinery & Metals
Mining (excluding iron),—,-—.
Paper & Publishing—
5,398,000
37.38
6,297,776,326
41.02
3,472,320,139
47,666,166
38,891,660
—
68,719,000
7,013,000
4 Cleveland
9
486,357,258
65.51
62.37
■
Garment—
68,864,000
7,022,000
V
Chicago——
1,054,589,243
Machinery—.
Financial———
Petroleum.——
71,502,000
Philadelphia—,
$19,338,000
St. Louis—
37.05
Sept. 30,'43
Aug. 31, '44
$17,444,000
New York—
3
committee
advisory
special
Institute
Foster
8
18.19
30.60
A
for the
the business,, includes: Miss Mary
DISTRICTS
$17,075,000
7
648,579,177
655,218,371
For Womens Division
tute work the services of women
Sept. 30, '44
Atlanta-!
4,732,096,608
domestic
shipments,
OUTSTANDING—UNITED STATES
RESERVE
FEDERAL
—_—
6
30.26
shipped between
or
domestic
•
Boston
38.90
19,47
stored in
follows:
ACCEPTANCES
Richmond———;
25.38
-
-
Federal Reserve District—1
5
587,726,825
,
Life Inst. Head,
leaders
DOLLAR
2
Market Value Av. Price
>
shipped between foreign countries for September, 1944, are
or
BANKERS
-
Group—
loss of $5,915,000.
goods
The Reserve Bank's, report
are classified by leading
aggregate market value and average
price for each:
As-compared with a<year
lower, while in the yearly analysis'all the
higher than a year ago.
table listed stocks
with
groups
Sept.
except domestic warehouse credits and those based on goods
items
these ratios will ordinarily exceed the
borrowings on listed shares and their
a
higher, and
warehouse, credits were
BY
following
the
on
comparison imports, exports, dollar ex¬
based on
were
total market value.
industrial
acceptances outstanding
increase of $1,469,000 from the Aug. 31
an
total, according to the monthly acceptance survey issued Oct. 17 by
-
In making
$111,101,000,
$0.77
foreign
Bankers' Dollar Acceptances
the
1,964,327
-
with
women's
some
the
of
organizations
of
the. country, in their informational
and
educational
,
programs.
The
first
meeting of the special ad¬
visory committee will be held
with Mrs.
Eberly at the ImtHute
<^iee<a
New
Oct. 27.
in
York
on
Friday,
Volume
Number
160
19 54—_T_,
Month
11199932267234—
4
1911,
231,980,259
238.499.885
243,226,498
come
those of
a
up
1913—.—259,703,994
railroads for the month of June
Net earnings, while higher than in the previous
year ago.
the record
high of $332,944,921 reached in August, 1943.
1919.—.—
in June, 1944, were $799,475,442. as compared with
$747,325,321 in June, 1943,
the ratio of
operating
to earnings increased from 60.47% in
expenses
June
in
decrease of
this
of
from $295,407,645 in June of last year, a
year
$14,398,733,
or
ing month a year ago.
of
Month
Gross
earnings
Amount
'
228,603
228,991
388
$799,475,442
$747,325,321
$52,150,121
518,466,530
roads
131
1943
1944
June-
of
451,917,676
37,751,388
(64.85 +)
+
(60.47/( J
—
—
0.17
4
6.97
207,414
240,219
235,828
226.752
225i803
war, the newly organized United
Nations
Standards
Coordinating
242,111
241,550
Committee
+ 12.33
220,303
219,294
office
7.82
232,169
232.682
+ 15.60
,213,525
208,598
6.80
235,208
235,059
12,376,822
+
2.69
235,310
234,568
66,903,501
+ 14.14
236,739
236.683
75,442,339
473,150,664
1942
210,288
209,764
+ 16.49
33,582,095
+
1119992365350460452
678
212,989
4.30
0.53
+': 65,622,874
540,054,165
_
—
.
—
opened
made
of
Ratio
______
expenses
Net
earnings
to
expenses
Standards Association
ican
earnings
—
540,202,295
—13.97
236.001
235,691
464,774,329
+
41,227,707
8.87
236,779
236,357
effectively,
538,758,797
516,023,039
506,124,762
+.
32,634,035
6.45
236,510
236,243
maintain two offices—one in Lon¬
23,774,774
4.40
238,405
237,243
2.88
240,302
239,066
5.69
241,608
241,243
don, at the base of European
operations—and one in New York,
since so many of the war and re¬
539,797,813
501,576,771
516,448,211
531,033,198
___
502.455.883
—
—
14,871,440
28,577,315
+
+
the
87,518,847
—16.46
242.320
241,349
75,062,549
—16.90
242,968
242,494
—33.40
242,179
242,527
245,869,626
+14.43
241,455
242,333
277,923,922
4,482,585
239,107
245,860,615
444,274,591
369.133.884
281.353,909
282,406,507
lief
supplies
from this side
come
The London of¬
240,932
fice is already
280,975,503
282,406,506
1,431,003
0.51
237,800
289,020
330,212,333
280,967,649
49,244,684
+ 17.53
236,814
238,019
351,047,025
___
direction of Charles C. LeMaistre,
former
Director
of the
British
+
operating under the
330,095,850
20,951,175
6.35
235,744
230,281
281,607,108
350,994,558
69,387,450
—19.77
234,626
235,501
320,991.913
281.547.886
39,444,027
+ 14.01
233,404
234,527
344,055,653
320,991,928
23,063,725
+
7.19
232,786
233,399
454,532,076
344,195,836
+ 32.06
232,136
232,830
ton,
+ 37.21
231,341
232,137
head of the
+ 19.83
229,302
231,368
6.98
228,603
70 East 45th Street,
228,991
623,695,610
1044-—
according to their location, it is seen that all of the districts as well
454,548,079
+
623.695,612
+
123,677,292
799,475,442
747,325,321
+
52,150,121
-
+
-Net
Month
all of the
as
regions in these districts, record gains in gross earnings
Of
+
110,336,240
169,147,531
747.372.904
1943.
arranged in groups or geographical divisions
are
+
Year Given
district reports a small
Southern
the Eastern district,
the
and
case
district is able: to
in each
region
In the
region.-
+
Decrease (—V
show an increase
gain.
and only the
the Pocahontas region in the Southern district
Southwestern
region in the Western district'are the only
regions showing larger net earnings in June, 1944, than in June, 1943.
As
previously explained, we group the roads to conform to the classi¬
The boundaries of
fication of the Interstate Commerce Commission.
the different groups
table.
and regions
indicated in the footnote to the
.■>:ZZ'vZ-;'Z
'AA' ;
are
v.'-Z-
"
BY
SUMMARY
District and
OF
GROUPS- -MONTH
JUNE
Gross
Region
inc. ( 4) or Dec. (—>
'
$
1
;
'
+,
.
27,958,137
26.358,732
4
1,599.405
4
6.07
127,695,366
158,729,997
120,817,345
4
6,878.021
4
5.70
143,228,447
4
15,501,550
314.383,500
England region (10 roads)
290,404,524
___
Great Lakes region (23 roadstwu.
Central Eastern region (18 roads).
Total (51 roads)
Southern District—
410.82
23,978,976
+
+
8.26
Z
.
109,995,409
106,169.123
+
3,826,286
+
37,942,710
Southern region (26 roadsi_
29,198,141
+
8,744,569
+29.95
roads)_________
147,938,119,
roads)___-________l__Z'
12,570,855
+
135,367,204
+
3.57
9.29
85,799,306
82,227,742
171,271,658
3,571,564
7,368,433
+
178.640,091
+
Northwestern region <15 roads)
Central Western region (15 roads
+
4,34
+
4.30
72,714,426
68,054,133
+
4,660,293
+
6.85
337,153,823
Southwestern region (20
321,553,533
+
15,600,290
+
4.85
799,475,442
747,325,321
+
52,150,121
t" 6:98
roads) ______
Total (50 roadst—
Total all dis< riets (131
roads)
District and Region
——Mileage
•
1943
4-
Incr. ( 4) or Dec. (-
1943
1944
.
;
1944
Eastern District—
S
$
s
'
'
+
8.967,384
9,644,725
41.085,044
44,406,111
—
47,923,864
45,874,536
4
677,341
3,321,067
2,054,328
—
23,921
6,598
25,675
24,012
4
7.48
4.47
56,073
56,285
97,981,292
99,925,372
—
1,944,080
—
1.95
'-6.593
-England, region
Great Lakes region.,..,, 25,559
Central East, region,,
Total
_____
—
■—
7.02
Southern DistrictSouthern
region,,,,
37 407
41,071.531
45,706.086
6,019
16,382,365
11,033,370 +
.6,002
.>•43,383
Total-
—
4,634,505 —10.14
5,343,995 +48.48
43,426
714,490 +
57,453,946
56,739,456 +
—
Northwestern region—
45.337
Central West, region—
55,124
30,068,661
65,582,429
33.844,377
76,113,489
—
28,769
29,922,584
28,784,951
+
45.598
54,932
Southwestern region— 28,617
1.26
3,775,716 —11.16
10,531,060 —13.84
1,137,633 + 3.96
...123,147
129,280
125,573,674
138,742,817
—
13,169,143
Total all districts—228,603
228,991
281,008,912
295,407,645
—
14,398,733
grouping of the roads conforms to the
Commission, and the following indicates
N6te—Our
Commerce
groups
New
New
from
9.49
4.87
classification of the Interstate
the confines of the different
V':. ""
DISTRICT
•
::'"
England States.
Region—Comprises the -section- on the Canadian boundary between
England and the westerly shore of Lake Michigan to Chicago, and north of a line
Chicago via Pittsburgh to New York.
Lakes
Region—Comprises 'the section south of the Great Lakes Region
bast of a line from Chicago through Peoria to St.-Louis and the Mississippi River,fo the
mouth of the .Ohio River, and north of the Ohio River to Parkorsbhrg, W. Va., and a
line thencd to the southwestern corner of Maryland and by the Potomac River to its
mouth.
T"
'
SOUTHERN DISTRICT
•
-..
'Z,
Central
—
66.202,410
70,880,934
—
81,649,636
69,481,653
+
12,167,983
+
17.51
20,943,112
10,474,211
+
27.31
+
10,14
19
,
,—
■
.
Eastern
23.99
4.23
.
.
.
.
Region—Comprises the: section north of the southern boundary of
Virginia, east of Kentucky and the Ohio River north to Parkersburg,. W. Va., and
south, of a line from Parkersburg to the southwestern corner of Maryland and thence
by the Potomac River to its mouth. •
*
\
■" ;
4,443,183
—
5.75
+
4,534,151
+
6.32
representative
0.18
Standards
6.60
United
138,972
—
4,678,524 :
—
WESTERN
DISTRICT
Z
*
:
Great.Lakes
and
by
the Columbia River to
the Pacific.
Central Western Region—Comprises the section south of the Northwestern Region
of a line from Chicago to Peoria and thence to St. Louis, and north of a line
from St. Louis, to Kansas City and thence to El Paso and by the .Mexican boundary
;
to
on
the
Standards
Nations
Co¬
Committee;
ordinating
106,181,619
*40,136,575
21.410,927
| 68,876,652
80,521.999
15,131,337
65,390,662
+ 432.15
109,445,113
80,455,435
28,989,678
+
,36.03
UNSCC which will consist of rep¬
124,046,578
109,618,682
14,427,896
+
13.16
101,527,990
124,374,592
22,846,602
resentatives of Great Britain, Can¬
—
130,837.324
101,487,318
130,920.896
29,350,006
149,492,478
127,749.692
148,646,848
127,284.367
129,111,754
1,827,387
—
150,174,332
127,514,775
110,244,607
150,199,509
89,676,807
110,264.027
39,954,902
20,587,220
89,688,856
42,680,821
.'•■
:
"
'
'■
,
1933__
47,008.035
94,448.669
■'
i.
''
.
'
•
—142,338,571
—134.05
109,533,316
+ 272.90
+
47,465,725
—
18,37
+
28.92
18,571,582
+
14.06
1.42
17.77
+
26.60
—
18.67
—
47.59
—
'
+'
47,018,729
74,529.256
+100.87
47,429,940
92,967,854
18,438,598
19.83
—
Pacific.
south of
and by
'
..
Southwestern
-
Standards
has been named
member of the
a
Committee
Executive
St. Louis
and
a
the Rio Grande to the Gulf of Mexico.
comparisons of
the gross and net earnings of the railroads of the country taken col-!
lectively from the current year back to and including 1909:
,
Finally
we
present our compilation of the June
ada, Russia and the United States.
In undertaking
his new connec¬
tions, Mr. Wollner is leaving a
position as head of the various
laboratories
operated
by
the
Treasury Department, and as spe¬
cial advisor to the Secretary of
the
He
Treasury.
for
was,
a
■■
_
Z
Z
■
■'
3.13
86.072,702'
—
22,136,115
—
25.72
sidiary of the Allied Chemical and
63,937,412
+
15.833,408
+
24.76
79,770,812
+■■
12,539,545
+
15.72
155,967,655
"
88,850.296
63,936,587
,
the General Chemical Co., a sub¬
92,310.358
1
64,826,419
79,770.820
'
74,529,254'
86,067,895
■'
.
92,404,546
+
63,553,109
+
68.79
245.225,980
"•
'
-
+
—
+
50,208,034
14,398,733
57.24
+
89,268,145
+
20.47
4.87
—
'
.
number
of years,
37,00
+
2,782,401
—
245,225,980
295,407,645
12.89
—
24,046,259
—
155,957,835
281,008,912
■'■■■■■
9,608,823
+
295,434,014
"Deficit.
In its
%;z-z
September bulletin, Horwath & Horwath, New York, public
That
the
of smaller gains over last year continued 111
surprising when the increases of August, 1943, are
considered.
For instance, a countrywide
improvement of only 7%
in total sales seems small until it is seen that a
year ago there was
one of 32% over
August, 1942, which itself was up 20% over 1941.
The average pickup in total sales this year to date over last
year
the
is
story
not
same
rate
in
as
also
maintain
biggest gain for
Pacific
July, 13%, and the to-date
Coast
the
city
any
and
or
the
occupancy
and rise in
figures of the preceding month.
section in total business
next
10%
was
The
13%
Was
for
for
Cleveland, New York
City coming third with 9%. Again Philadelphia showed minus signs
everywhere except for room sales, and the fact that most of the
decreases are sharper than in July is attributable to the
transpor¬
tation strike.
The only other declines shown by our table are in
beverage sales, in Cleveland, Detroit and Texas.
Occupancies were decidedly higher everywhere than in July.
Cleveland led with 95%, followed closely
by New York with 94%
and Detroit with 93%.
For the miscellaneous hotels included in
All Others, an occupancy at 88%
represents a record high, as does
countrywide average of 89%.
The best showing on room rates is a rise of 9% over
August,
1943, for the Pacific Coast; several places showed 5% gains, and
the general average was 3%.
<
; ••. ' "
;
a
,
With
such
somewhat
Would
served
tive
high occupancies and with every section showing
rates, the small general increase in room sales
inconsistent
of 25%
The firm
but
for
last year and
the fact
16%
that, it, is.
two
years
an
addition to
ago.
+
the League-of-Nations*
Advisory; Committee at
Geneva, and the Committee of
Experts in Copenhagen, in 1935,
to
Opium
1944, COMPARED WITH AUGUST, 1943
Z
-Sales, Increase or, Decrease-———
Occupancy
.Total
Total*
York
City_ '+
+
—
_+
Cleveland
Texas
+
Restaurant
Food
9 r/0
+
7
+
6
7
+:
2
4
+ 10
+
+ 12
+
8
+
6
+ 10
+ 12
Beverages
+ .6 r/o
+ 13
7
+ 10
+.
Pacific
Rooms
Aug.
12'+
+
616
+
I'.o
+
9
+
7
1944
Room
Rate t
Aug.
1943
Increase
or
Deer.
94'+
87 +
+
4 ';o
90
89
+
5
90
90
88
83
'
Chicago
Philadelphia
Washington
Coast
6
+
+ 13
—19
/+11
—-6
1
+
—39
1
+
.
—
'
—
2
.
has also done
trial
1
95
89
2
93
91
and other special
jobs for the Government, both in
this country and abroad.
Each
office
certain
+
.5
+ 14
+ 14
+ 15
91
89
+
9
6
+
2
+ 12
+
15
11
90
90
+
2
5
+
5
+
6
+
6
+
5
88
85
+
2
7+
+
7+
+
7+
+
T/"
+
6+
89+
86 +
+
3+
87+"
83+
+
Year
to
Date_
+13+
+10+
+15+
+15+
+14+
touch with its activities.
nouncement
+" 7+
7
-
_____
June
:
+
to
of. this
7'+
7'
+
+
7+
7+
+
7
+7+
+
plug'
'spark
tween the allied
an
aid
cooperation be¬
belligerent coun¬
to
production and
in
secure
It
relief work.
the maximum possible co¬
for, the
war
and
effort
immediate post-war
"The
is
Committee
end of that time.
work
during
be open to
6""
89'
"HQ'+
the national standard¬
"Among the first jobs that thy
United
Nations
Standardy
has been requested fi>
undertake are: (1)
work
(2)
of
standardization
rails
82
80
the
85
+
11
+ 18
+ 18
+ 17
88
12
+ 19
+ 19
+ 20
88
83
not
crpi
to
"rates;* wherever used refers to the
scheduled
rates.
"Rooms
and
restaurant
average
only.
sales
per
occupied
Inter
room
build¬
to
flat bot¬
rebuild
transportation
and the othei
countries, suggested bv
Allied Transportation
Committee;
83
+
needed
damaged
occupied
84
88
+ 14
on
ing materials and equipment re¬
quested by the Industrial Reha¬
bilitation Division of the UNRRA;
88
+ 16
tc
pate in and support the work.
6
March
up
izing bodies of such of the United
as may desire to partici¬
+ 12
8
set
Participation: 1:+
that time will
systems of France
86 +
April
tThe
o
Nations
+
+
the-
for
period,
operate for a period of two years,
with review, of, .the need at thy
+ 15
8
seeks to
ordination of standards necessary
+ 11
+
of
use
supplies and equipment and
also
+ 10
8
United
war
+ 14
+
new
tries in standardization matters asi
7
+
9
an¬
Committee. L
Standards
+ 10
8
+ 12
+
—:
+
The
American
the
from
"The purpose
Nations
heavily
1944
a
Standards Association also says:
tom
MONTHLY TOTALS FOR LAST SIX MONTHS
Ai'^ust,
July
with
work
of countries ani?
each will keep .the other in close
5+.
'
will
group
.
+
.
number of indus¬
a
surveys
new
+
I
others
the
the
Committee
+
__
_________
de¬
time it is stated he
standards and im¬
proved
test- methods
for
assaying opium and coca leaf that
were adopted internationally.
IRveloped
the
supplies the following statistical- data:
AUGUST,
New
He alscs
American' representa¬
as
,
higher
seem
increases
associated with
Dye Corp. of New York.
at which
igner
August
and
the
of
64,920,431
■
1940ZZZZZZZZZZZ
May
iho
Association,
88.872,678
r
the section lying between the Mississippi River
line from St. Louis to Kansas City and thence to El Paso,
Region—Comprises
of
Secretary
Agnew,
American
14.19
—
22,659,557
G.
68.91
—
20,897,156
+
P.
•
the
that
and
+
.
Total
west
American
Association
"+
'
1924_
All
the official
the
of
69,396,741
•
Detroit
Region—Comprises the section, adjoining Canada lying west of the
Region, north pf a lino from Chicago to Omaha and thence to Portland,
has been appointed as
76,693,703
•
-
.
Northwestern
Coonley, Director of the Con¬
Division of the WPBt
servation
-103,341,815
Southern
Pobahdntas
in New York
.
*36,156,952
■
.
Region—Comprises. the section east of the Mississippi. River and south
of the Ohio River to a. point near Kenova, W. Va., and a line thence following the
eastern boundary of Kentucky and. the southern boundary of Virginia to the Atlantic.
office located at
—
.
•
new
97,636,815
ibZIZZZCZZZZZZ
is
.
been
113,816,026
■
•
also
England Region—Comprises., the New
Great
-
—
and regions:
EASTERN
■
76,232,017
the
Western District—
Total—
76,093,045
room
region...:,,_i 37,381
Pocahontas
jjir "71,689,581
+
+
$14,357,535
3,129,346#
+
+
,
accountants, report:
-Net Earnings—
New
77,237,252
76,223,732
1944ZZZZZZZZZZZ
Western District-
.
72,794,069
1929__„___
'
Total (30
74,043,999
1928—:
Earnings-
1943
1944
Pocahontas region (4
77,173,345
1927__
■
Eastern District—
New
$74,196,190
1913ZZZZZZZZZIZI
The Great Lakes region in
City.
of Washing¬
designated,
has
C.,
D.
ard
iQioi:::::::::::::::::::::;
of the net earnings only one
Herbert J. Wollner,
It is also announced that How¬
Increase ( + ) or
Preceding
$59,838,655
1911
the Pocahontas
Institution.
Standards
Earnings-
Year
v.:.
June
ranging from 3.57% in the case of the Southern region to 29.95% in
will
Committee
of the Atlantic.
1.61
531,690,472
369,212,042
_
—
123,273,269
35,484,283
444,171,625
1942
When the roads
thG
506,002,036
„
1C41
4.87
$14,398,733
$295,407,645
$281,008,912
_
at
request of the Committee.
Ill order to carry out its work
1939____„
414.73
the Amer¬
by
1940—_—
Operating
■■
York;
New
a
Oct. 16, according to an¬
on
nouncement
464,759,956
_
1933.
Incr, (-f) or Deer. (—]
Mileage
30,769,974
+
193Q__—
compared with the correspond¬
results for the month of June, 1944, as
+'
494,164,607
1928—,
We now give in tabular form the
4.87%.
+
460,007,081
1925.
June, 1943, to 64.85% in June, 1944; net earnings declined to $281,008,912
+
323,163,116
460,582,512
_
6.95
Marking the first step in re¬
sumption of international stand¬
ardization
work
halted
by the
+
301,304,803
420.586.968
189,863
+.
351,001,045
1921_—_______
193,886
—
1,313,837
47,536,779
49,696,242
40,003,412
1922__+_____472,383,903
increase of $52,150,121, or I 6.97%, as
an
+
393,265,898
6.38
United Nations Standards
Committee N. Y. Office
+ 20.01
10,355,877
237.612.967
—424,035,872
486,209,842
1920—
Gross earnings
16,873,448
«+.
363,165,528
,
1918__—;—________
218,379
+
+
241,107,727
247,535,879
285,149,746
1917
month, were lower than those in June. 1943, and considerably below
200.901
222,825
—
14,579,115
230,751,850
1916__^__^__
194,689
204,596
2.73
+
6,519,626
+
248,849,716
.w
197,648
+ 13.23
27,805,640
—
Year
Preced'g
+ 14.29
$26,309,748
+
242,830,546
1936857
to the peak figure reached in May, but did exceed
Vo
+
228,647,383
:
Year
Given
( +) or
Dec. (—)
Preceding
$210,356,964 $184,047,216
210,182.484
237,988,124
1910—
1912„„_
Gross earnings of United States
Inc.
Year
Year-
Given
1909
Far The Month Of June
—Mileage——
-Gross Earnings-
——4
of
June
Earnings Of United State
did not
19 05
THE COMMERCIAL & FINANCIAL CHRONICLE
4329
(3)
a
project for the
suppression of radio interference
suggested by the British Stand¬
ards Institution."
THE
1906
COMMERCIAL & FINANCIAL
NEGOTIATIONS
BOND PROPOSALS AND
to contact him for
regarding plans and
bondholders
CALIFORNIA
information
California
(State of)
conversations
complete
for
as
State's cities
financially to
10 that the
Oct.
on
prepared
not
v
_
meet post-war
80%
90%
to
of the personnel Of
will not be needed
such industries
after
Although city fi¬
the war.
have increased as
a
result of growth in population
and expansion of the Federal Gov¬
ernment's
tax-exempt holdings,
nancial burdens
municipal
tax
receipts have'not
increased
been
because of war
the State's in¬
conditions as have
come
from corporate, income
sales tax
"No
and
levies.
one
doubts
the acute
employment
situation
face," Mr. Cooper said.
un¬
will
"Industry
we
possible
to pick up this load, but I don't
think it is entirely possible. Right
now
the
cities are unprepared
should
every
use
financially.
"A
combined
means
State
and
local
of rehabilitation and aid
with Federal assist¬
ance.
It remains a definite Fed¬
eral obligation* to aid those who
were brought here to work in war
program
seems
proper,
industry," ■
;
In outlining the State aid pro¬
,
■;
:--v;
deemed thereafter.
—
■
; ^
:
The city received
Robinson-Humphrey
Delphi, Ind.
Co., Brooke, Tindall & Co., Clem¬
Bond Offering—Curtis McCain,
ent A. Evans & Co., Wyatt, Neal
City Clerk-Treasurer, will receive,
6 Waggoner, all of Atlanta; John¬ sealed bids until 2 p.m. on Nov. 3
son, Lane, Space & Co., Savannah; for the
purchase of $25,000 not'to
J. H, Hilsman & Co., Milhous,
exceed 4% interest water works
Martin & McKnight, and Norris &
revenue
bonds.
Dated Oct. y l,
Hirschberg, all of Atlanta, at a 1944. Denom, $1,000, Due Oct.* 1,7
price of 110.25. The bonds make as follows: $1,000 from 1945 ' to
up the balance of an original issue 1949 incl. and $2,000 from 1950: to
of $750,000 authorized by the vot¬
1959
incl.
Redeemable Oct,;■ 1,
ers " on
June 5, 1940.
They bear
1949, or on any. subsequent inter¬
the following serial numbers and
est
of
Georgia,
levies is constitutional.
refinancing plan is the
and county
ground of lasting com¬
munity benefit.
Governor
"The
latest
^tep in negotiations
one
Ite-offered—The
Bonds
which
and
%
above
No.
notice.
Call
and
Principal
•
City
at
payable
(A-O)
interest
Clerk-
Treasurer's office. Bidder to name
one
rate of interest,
expressed in
multiple of % of 1%. The bonds
payable solely from revenues
of the municipal water works and 7
will not constitute a debt of the
a
are
city
within provisions
of the
tations
A
certified
able
check for $500,
the
of
order
to
and limi¬
Constitution.
State
city,
pay¬
is re¬
quired.
Legal opinion of Ross,
McCord, Ice & Miller of Indianap¬
will
olis,
pense.
furnished the suc¬
be
at
bidder
cessful
the
city's
ex¬
■' %
.
'
(Pi O. Newtonville), Ind.
Bond Offering—Sealed bids will
Hammond
Township
be received until
8
p. m. on
Nov. 9,
HrWilliamson,
purchase of the following
by Trustee Forrest
for the
bonds
aggregating
$18,000 School
$36,000:
and
on
Jan.
Jan. and July 1,
1945,
from
1963.
'
Township school aid
1, 1946 to Jan. 1,
18,000 Civil
89, III.
,
Township building
bonds. Due .$500 July 1,
bonds.
Due
$500
on
July
1,
1945, and on Jan. and July 1,
Jan. 1, 1946 to Jan. 1,
School Treasurer
Albert C. Roos calls for payment
Bond
published
der, at 103 on 30 days'
other bid, a
Martin, Burns & Corbett.Tnc.,
McDougal and Condon, Inc.
numerical or¬
date, in inverse
maturity dates:
Due syndicate headed Bond Nos.
51 to
75
July 1,1950
by John Nuveen & Co., which
holders shortly.
July 1,1951
bid 100.02 for the bonds matur¬ 126 to 150
217 to 250—.—
July 1,1952
Everglades Drainage District, Fla. ing 1945-1949 as 2%s, the 1950,to
1960 maturities as 214 s, and for 318 to 350———July 1,1953
Refunding Plan Approved—The
July 1,1954
the bonds maturing in
1965 as 418 to 450—.
Florida Supreme Court on Oct. 20
517 to 550———July 1,1955
214s.
approved a plan of debt refund¬
618 to 650—July 1,1956
Associate Underwriters—In ad¬
ing for the district which will re¬
718 to 750——
-July 1,1957
duce
the
debt bur den from dition to the Chase National Bank,
the successful group includes the
$8,600,000 to $4,500,000, according
IDAHO
to an Associated Press dispatch of following: Smith, Barney & Co.;
Chemical
Bank
&
Trust
Co.;
Coeur d'Alene, Ida.
the same date from Tallahassee.
Lazard
Freres
& Co.; Lehman
The court, according to the press
Bond Offering—The City Clerk
Brothers; Phelps, Fenn & Co.;
dispatch, ruled that:
will
receive
sealed
bids until
Hornblower
&
Weeks;
Paine,
"1.
A 1941 law which author¬
7 p. m. on Nov, 2 for the purchase
izes a debt service tax against the Webber, Jackson & Curtis; Stone of $45,000 not to exceed 5% in¬
& Webster
and Blodget, Incor¬
drainage district land does not
terest coupon sewer bonds, to be
porated; The First Cleveland Cor¬
prevent use of the acreage tax
dated day of issue and mature in
poration; McDonald & Co.; The
money for maintenance of canals,
from 2 to 15 years, Denom. $1,000.
Wisconsin Co.; Bacon, Stevenson
drains and other facilities.
Principal and semi-annual interest
& Co.; W. E. Hutton & Co.; First
"2. The obligation of trustees of
payable at Coeur d'Alene. A cer¬
National
Bank of Minneapolis;
the internal improvement fund to
tified check for 5% of the amount
The
Robinson - Humphrey
Co.;
of the bid is required. Issue was
pay taxes on State land in the
Commerce Union Bank; The First
area
does not constitute a State
approved by the voters at an elec¬
National
Bank;
First National
debt in violation of the Florida
tion on Oct. 3.
Bank in Palm Beach; Trust Co,
constitution.
of Georgia; Commerce Trust Co.;
"3.
The State law's provision
:7'%V ILLINOIS
City National Bank & Trust Co.;
that drainage taxes on the area
Miami Beach First National Bank; Cook County, Maywood Sch. Dist.
are equally enforceable with State
he warned against 'unsound
projects merely to obtain financial
assistance, but urged considera¬
gram,
1965,
1,
July
I960.
Other Bid
.-INDIANA
Optional bonds syndicate composed of Trust Co.
Due
1,200,000 Term, bonds as 214s.
Due July 1, 1965, optional va¬
riously beginning July 1, 1949
to 1961, at par plus premiums;
and without premiums if re¬
Municipal Bond & Investment Co.,
Inc.,
of Cocoa, Fla., refunding
problems. Pointing agents,, that the new refunding
to the huge increase in wartime bonds of Dunedin, amounting to
population, bulk of which is en¬ $1,170,000, have been validated by
gaged in shipbuilding and aircraft the courts, and a definite plan of
work, Mr. Cooper said that from exchange will be offered to bond¬
are
2V4S,
optional July 1,,. $300,000 in
1952, $400,000 in 1953 to> 1955,
$350,000 in 1956, $450,000 in:
1957, $350,000 in 1958, $450,-'
000 in 1959 and $350,000; in
re¬
Unprepared for Post-YVar funding of the district's debt. The
Problems — Walter Cooper, City district is situated in Glades and
Manager of San Diego and Chair- Hendry counties.
man
of the
Public Works and
Dunedin, Fla.
Planning Committee of the League
Bond
Exchange
Plan Being
of California Cities, stated at a
Formulated-*-It is stated by the
league session in San Francisco
Cities
:
Serial
3,450,000
Monday/vOctoberi30;v 19,44
CHRONICLE
—
from
'
the bonds as oh Dec. 1, 1944, the following re¬
7 1963.
.,V'V%'Voptional bonds funding bonds aggregating $26,000:
Interest rate is not to exceed
after
his
are priced to yield
(if redeemed Nos. 91 to 105, 5%, and Nos. 106 3%%, payable J-J. Dated Oct. 1,
trim clown
at their
earliest serial optional to 116, 414%. Dated June 1, 1940. 1944. Denomination $500. Rate of ;
Orange County, Laurel Elementary 000 debt.
Sch. Dist. (P. O. Santa Ana),
"The new bonds
will be ex¬ date) from ,75% to 2.20% for op¬ Denomination $1,000. Due June 1, interest to be in multiples of -14 !
Calif.
changed for a 1941 issue of $8,- tional dates from 1945 to 1956 and 1960, Payment of the principal of 1% and not more than one rate ,j
Price Paid—it is now reported
at a dollar price of 100 to 99 V2
amount together with interest ac¬ shall be named by each bidder.
!
800,000 which were taken by a
by the
County Clerk that the syndicate and later bought by the for the 1957 to 1960 optional crued up to and including Dec. 1, The bonds will be awarded to the j
$10,000 building bonds sold to Reconstruction Finance Corpora-' dates.
1944, will be made on presentation highest responsible bidder who j
Hannaford & Talbot of San Fran¬ tion.
The "term optional" bonds are of said bonds to the First National has submitted his bid in accordI
cisco, as 2%s, as noted here—v.
j
"The court said that mainte¬ priced at 98 and accrued interest. Bank of Chicago. Said bonds must ance with the notice of sale. The
The
"term
optional" bonds are be presented in negotiable form highest bidder will be the one -.j
160, p. 1450—were awarded at a nance is 'a part of construction
price of 100.127, a basis of about and may be done with the acre¬ subject to redemption in part or and should have attached Dec. 1, who offers the lowest net interest
in whole on July 1, 1949, or on 1944, and all subsequent coupons. cost to the School and Civil Town¬
2.37%,
age tax' from which the bonded
debt also will be paid.
'Facili¬ any interest payment date there¬
ships, respectively, to be deter¬
COLORADO
after to and including Jan; 1, 1953, Fairfield School Dist. No. 112, III. mined by computing the total in¬
ties of the district are such that
at
Bonds Sold—An issue of $75,000 terest on all of the bonds to their
103%; thereafter to and in¬
Lakewood Sanitary District, Colo. they would be worthless for the
1, 1957, at 102%; construction bonds was purchased maturities and deducting there¬
Bonds Sold—The First National purpose constructed if not kept in cluding Jan.
thereafter to and including Jan. 1, recently by Municipal Bond Corp. from the premium bid, if any. 1.
Bank of Golden purchased on Oct. good condition.'
of Chicago.
>7
10 $50,000 sanitary sewer bonds,
"It said the 'Legislature has re¬ 1961, at 101%, and at par there¬
Indianapolis, Ind.
after.
If the
"serial optional"
Gas
Revenue
Bonds Called—
presently unsold portion of ' an peatedly repudiated the idea' that
Lombard School District No. 44, III.
bonds are not called at the earl¬
original issue of $250,000 that was the State's trust to drain and re¬
Secretary Board of Directors for
Bond Call —District Treasurer
authorized at an election in No¬ claim
the
Everglades 'imposed iest serial optional date, they will
Utilities,
Roy Sahm, announcesbe callable subsequently at 103%
calls for payment on Dec. 1, 1944. that
vember, 1943. A block of $200,000 any obligation on the State' that
City of Indianapolis, ind.,
and accrued interest. No redemp¬ refunding bonds Nos. 37, 38 and
bonds was
sold in May of this would violate the constitutional
Gas Utility Revenue of 1942 bonds,
tion of the term bonds shall be 39, 41/4%, and Nos. 40 to 45, 5%,
Nos.
4601
to
6000
aggregating
year..%"/ / prohibition against a State debt.
The
State is the biggest
land¬ made unless all of the serial bonds aggregating $9,000. Dated June 1, $1,400,000, are called for payment
FLORIDA
which shall then be subject to 1939, Due Dec. 1, 1958. Said bonds
on Dec. 1, 1944.
owner in the district.
serial
redemption
shall have will be paid any time on or after
Dated May 1, 1942. Due June 1,
"As for the drainage taxes being
Clearwater, Fla.
theretofore
or
shall 7 simultane¬ Dec. 1, 1944, on presentation to
as follows: $264,000 in 1968, $272,State and
Refunding
Progress — All but equal in dignity to
ously therewith be called for re¬ the paying agent, the City Na¬ 000 in
1969, $280,000 in 1970, $288,county levies, the court said: 'In
$1,900,000 of the total of $4,445,000
tional Bank & Trust Co. in Chi¬
demption.
000 in 1971, and $296,000 in 1972.
an area like the Everglades there
bonds affected by the offer have
cago, with the Dec. 1, 1944, and
would be but little if any basis
Riviera, Fla.
"
The
city has deposited with
been exchanged for new refund¬
all subsequent coupons attached,
American National Bank of In¬
for a State and county law, with¬
Seeks Validation of Bonds—The
ing bonds, according to the Mu¬
out drainage.
town has filed in Circuit Court
dianapolis the principal amount
Martin Twp. (P. O. Colfax), III.
nicipal Bond & Investment Co.
'In such a case, it would be
of all of said bonds with a 10%
a petition requesting validation of
Bonds Sold—It is reported by
Coral Gables, Fla.
the superlative of folly to hold a proposed issue of $59,000 re¬
premium due on the redemption
Harry W. Corpe, Town Clerk, that
Bond Exchange Offer—Holders that the lien for drainage assess¬ funding
thereof,
together with interest
water
works revenue the
$40,000
road
construction
thereon to Dec. 1, 1944, which de¬
of the above city's 1937 refunding ments was not at least equal in bonds and any objections to the
bonds approved by the voters last
bonds are being offered for ex¬ dignity to the lien for State and proposal must be presented to the
posit is made irrevocably for the
April, have been sold to C. E.
benefit of the owners and holders
court not later than 11 a.m. on
change, $4,363,000 refunding bonds county taxes.'
Bohlander & Co. of Bloomington,
"The decision affirmed a ruling Nov. 19.
of 1944. dated July 1, 1944, subject
of said bonds.
as 2s.
Due $4,000 in 1945 to 1954,
to availability and
confirmation of Palm Beach Circuit Court."
Interest 011 all of said bonds
incl.
Sarasota, Fla.
at the following terms: $2,363,000
shall cease on date called.
Bond
Exchange Report — The
Miami, Fla.
serial non-optional'3% bonds ma¬
All of said bonds shall be sur¬
Proviso Twp. High School District
Bond Sale—A syndicate headed Municipal Bond & Investment Co.
rendered and delivered to said
turing from 1948 to 1974, at prices
No. 209 (P. O. Maywood), III.
reports that about one-half of the
ranging from 102.50 to 101.00, and by the Chase National Bank of
American National Bank of In¬
Bond
Call — Township School
$2,000,000
term
optional 3 Vz% New York was awarded the $7,- outstanding issue of $5,199,000 Treasurer Albert C. Roos calls dianapolis together with all un¬
bonds have been exchanged for
matured
interest
coupons
.at¬
bonds, due in 1979, at 104.00. This 600,000 series GM refunding bonds
for payment on Dec, 1, 1944, of
new refunding obligations, and it
offer of exchange is being made of 1944 offered for sale on Oct. 26
tached thereto and will be can¬
is expected that the unexchanged 4 V\ %, 4 V2 %, 5 % and 6 % refund¬
—v. 160, p. 1786—on a bid of par,
by the refunding agents consist¬
celled by the city and become void
portion will be taken s care of on ing bonds Nos. 95 to 153, 164 and for
ing of: B. J. Van Ingen & Co., Inc., a net interest cost of about 2.352%,
every purpose.
165, to the amount of $61,000.
May 1, the next call date,
John Nuveen & Co., A. B. Morri¬ as follows:
All of the bonds herein called
tion on the
started soon
1941
inauguration to
the district's $16,000,-
Holland
group
re-offered
follows: The serial
■
..
.
,
.
"
.
son
&
Cohu
Corrigan & Co., Inc.,
& Torrey, and The RansonCo.,
Davidson Co., Inc.
I
Fla.
Notice to Bondholders—District
Receiver
James
M.
Crouse of
Moore
Haven,
Fla.,
is
asking
Distcn
Island Drainage Dist.,
$2,950,000
as
3s.
Serial Optional
Due July
tional July
bonds
1, 1965, op¬
1. $550,000 in 1945,
$400,000 in 1946, $750,000 in
1947, $300,000 in 1948, $250,000 in 1949, $300,000 in 1950
and
$400,00 in 1951.
Denomination
GEORGIA
$1,000.
Due June X, 1961, op-'
tional Dec. 1. 1944,
Payment of
County Board of Education
Dated July 1,
Fulton
1941.
will be made on pre¬
the First National
Interest ceases
school bonds offered Oct. 19—v. Bank of Chicago.
(P. O. Atlanta), Ga.
Sale—The $250,000
Bond
said' bonds
2^2%
160, p. 1676—were awarded to a
sentation
011
at
date called.
for
redemption may be presented
payment or redemption im,mediately and will be paid with¬
out deduction on account of pay¬
for
ment
or
1, 1944.
redemption prior to Dec.
Volume 16Q
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4329
1
i/
1907
To Weedeu & Co., of San Francisco:
IOWA
Ida Grove, Iowa
Bond
"
Bankers Life Co*
(
(Des Moines), Iowa
Block 96 (California)
7
,
:
Portfolio Award—H. F. Dean, Supervisor of the Investment De¬
w
partment, reports that $4,296,000 of .the total of $4,439,000. various
municipals offered for sale by the
as follows:
To. the Bank
company on
Oct. 10,
were
awarded-
NAME
:
PURPOSE
Sari .Fran.
Water
Hetch
—
DATE
PAR VALUE
MATURITY
RATE
——
1-
1-25
1-1952
1-
5%
&
1968
Savings Association, of
Hetch Hetchy Water—— 6-
San Francisco:
(California)
,
:
1-32
1-1966
6-
to
;
'
(Orrick, Palmer & Dahlquist—Opinion)
NAME
PURPOSE
RATE'
DATE
.
Relief
i.3%%w
4-11-35
To G. II. -Walker & Co., of St. Louis:
PAR VALUE
MATURITY
1-1946
1-
^
»■
1947-49
$200,000
100,000
Block 99
1
7""1
"7
Aurora—Water Revenue— 8- 1-34
$500,000
Block 89
•.'
4%
1-1945-47
8-
13,000
1948
7
7"
■.7%-.
(Colorado)
.
,
State Hwy. Rev. Antic. War.
- '
>
■.
6-1-36
3%
6-
=
1950
1950
;
^
1951
'
38,000
10,000
5,000
$57,000
Block 91
7;'%„
3%
11- 1-1952
5- 1-37 ! 3%%
11- 1-1948
60,000
20,000
1-1949
Block 93
Consolidated Refunding
ZVz°lo
6- 1-37
___
Block
-
Highway
12- 1-1948
3- 1-25
———————
3- 1-1949
'
1950'
7-
7
y
:
■
*.
•
;
Highway—-
.
5-1-1953
(Illinois)
,1955
.
'.'.4955
9,000
2,000
40,000
IT
'
7- 1-28
—
4%
:
3%%
5-
9- 1-28
,
*.
'
6- 1-29
■;,7'.\ ;
7
;4% : 5- 1-1953
7,.;.>
■; 1956.
-
(Charles B. Wood—Opinion)
7
Highway
.
....
;i:'7./'7'
■
4%
Fayette Co.—Primary Road
Refunding
5- 1-34
1956
V
,
5-
3n4%
1-1945-49
33,000
35,000
5-
1-1947
30,000
3%%
5-
1-1946-50
36,000
'
■
.
w
-
,
5-1-1945
3%%
52,000
1946
32,000
65,000
1-1945-46
60,000
1947-50
5-
Refunding.—i_i—a- 5- d-34 -3%%
65,000
$990,000
Block
105
(Iowa)
(Chapman & Cutler—Opinion)
Refunding
7>
7
■■
5- 1-34
i
■/•.7
4%
1——1-1-31
3!/2%
5-
1-1945-46
■■
;
.
50,000
20,000
50,000
.1947
'7
1948-50
$270,000
7-1-1946
Block 106
45,000
Highway J.
Highway
1- 1-24 7' 4M>%
——.
Highway
1- 1-1950
7- 1-1951
•
1- 1-22 7 4y2%
■'■■V;7.o-,,
^
.
1954
,
1-1-1956
4^%
1- 1-25
(Iowa)
15,000
38,000
13,000
10,000
Scott Co.—Funding—
1-33
1-
Block 107
11-1-1950
5%
The
(Iowa)
Wapello Co.—Funding-_—_ 6- 1-35
3J/4%
'
'
Block 94
*
■
6-
1-1945
1946
56,000
1947
•'7:7.;7
(Washington)
Following
(Chapman &. Cutler—Opinion)
7- 1-33 '3%%'
General Obligation
To the '-.'Chase National Bank of New York:
.r
7-1-1951
9,000
■
•;
blocks
:
■
aggregating
$143,000
Block 97
250,000
:7
•
:
apparently
were
$77,000
not
sold:
(California)
San
(California)
Gabriel—Sewer
9-
1-38
3%%
,
9-
,
Block 98
Angeles City Sch. Dist. •
—Construction Purposes- 6- 1-31
4%%
6- 1-1961
25,000
to
supervise and control the air¬
taxi
Paving of alls runways and
strips at Mason City's airport
will be completed soon. The
city
voted
$160,000 in bonds as its,
share in construction costs.
Sioux City and Ottumwa
prob¬
ably will havk class IV airports,
and class III
airports are. in pros¬
pect at Clinton and Fort Dodge,
Clinton will purchase
$155,000^in
airport tax anticipation warrants
needed
one-mill
year
6- 1-1961
4lk%
25,000
Gabriel
School
Sch.
$25,000.
Bonds Voted—An issue of
000 municipal
4%
5- 1-1955
,
11-
1-1956
Building—— 9- 1-38
314%
9-
1-1946-47
1951
5-
1-1957
40,000
4%
11-
1-1958
4%
11-1-1958
73,000
22,000
4%
5- 1-195?
1956
100,000
4%
Bond.
7
72,000
(New York)
1959-60
1961
4,000
2,000
4,000
4,000
2,000
4,000
1,000
$33,000
Block 100
(Thomson, Wood & Hoffman—Opinion)
Serial
Bonds
4%
4%
11-
1-1948-49
bridge bonds,
50,000
119,000
.
1
3,000
4,000
Callable
"
154—School
Dist
v
'
■
;
.
$294,000
Building.— 9- 1-37
4V2%
11-
1-1945-49
1956
2,000
3,000
4,000
Block 110 (New York).
N. Y.
City—Serial Bonds—- 2-15-26
414%
2-15-1949
500,000
as
$32,000
on
Nov.
follows:
at
par
any
on
Callable at
Jan.
1950-55
■
con¬
or
plus accrued
interest pay¬
after Dec. 1,
23,000 Refunding of 1945, Series
B bonds. Due July
1, as fol¬
lows: $4,000 in 1973 and
1974,
and $5,000 in 1975 to 1977.
ment
No.
(CWT)
on
interest
(Chapman & Cutler—Opinion)
Co.—Community
School
be
1956.
.
(Illinois)
'
.
t
Consol.
will
of
and
$44,000 Refunding of 1944, Second
Series bonds. Due Dec.
1,1965.
2,000
$36,000
Block 101
Vermilion
12-15-1953
1959
——12-15-34
a.m.
ment date
1^-36
25,000
25,000
issue
6 for the purchase of
$67,000 not
to exceed 2%% interest road and
interest
1958-59
7- 1-1951-53
4%
..
An
purchase
bonds
bids until 11
(Chapman & Cutler—Opinion)
Sewerage Revenue—11-
r-.
airport
County (P. O, Pineville), Ky.
Bond Offering — Martin
Green,
County Clerk, will receive sealed
(Illinois)
„
1956-57
7- 1-34
Hampton, Iowa
Election
Bell
30,000
4%
$100,-
airport bonds was
approved by the voters at an elec¬
tion 011 Oct. 2.
KENTUCKY
Dist.—
(Corporation Counsel—Opinion)
■
a
a
emergency tax for next
build an administration
to
$20,000
1950-57
'
levied
Other towns which have voted
bond issues for
airports in the last
six months and amounts
include:
Charleston—Waterworks and
N. Y. City—Serial Bonds—
Moines
building at the city's airport.
maintenance
1954-55
$337,000
109
development of
Des
2,000
(California)
$75,000
Block
for
and
sidered by the voters at the No¬
$42,000 vember general election.
Block 108 (New York)
'•
$160,000 bond
a
buy land and authorized
the appointment of >a commission
5,000
7,000
1948
4- 1-27
Corporate Stock-Various
Corporate Stock--—8-12-07
Corporate Stock——--—11-23-08
Corporate Stock—3- 2-09
Corporate Stock--—--—- Various
$1,$450,000
issue to
(O'Melveny, Tuller & Myers—Opinion)
San
-
N. Y. City—Serial Bonds—
a
$700;-
New
1-1960
25,000
Angeles City High Sch.
Los
than
more
000.
1964-71
_
(Thomson, Wood & Hoffman—Opinion)
Dist.—Construe.. Purposes 6- 1-31
cost
1961-63
*
.
Angeles—Waterworks-10- 1-30 •41^%,: 10- 1-1954
Los
Los
Block 95
fur¬
bond issue and has spent
$144,000
for land. Federal aid totals
(O'Melveny, Tuller & Myers—Opinion)
,
is
Keokuk, Iowa
J.
m.-
'
buy the land.
Government
to
IIaydenK Stone & Co., of Detroit:
•
used to
was
Federal
20,000
(Chapman & Cutler—Opinion)
$121,000
-
effort.
war
Algona, $42,000; Boone, $60,000;
Carroll, $55,000; Centerville, $20,000; Chariton, $20,000; Clarion,
$29,000; Harlan, $25,009; Jefferson,'
$35,000; Oelwein, $40,000; Rock
Rapids,. $30,000; Sac City, $29,000;
12,000
Shenandoah, $45,000, and Sibley,
(Chapman & Cutler—Opinion)
(Chester B. Masslich—Opinion)
the
field,
(Masslich & Mitchell—Opinion)
Highway
on
as
Jackson Co.—Primary Road
Block, 92 (North Carolina)
•
;
cated under the direction of CAA
for airports with direct bearing
port.
1947-50
•
aid
granted for many of
projects. Funds were allo¬
Davenport voted
3%%"
Winneshiek Co.-r-Primary
*Road
Federal
been
these
Jackson Co.—Primary Road
■:
I
$6,000,000 are
according to
500,000. The city voted
1950
20,000
35,000
5,000
construction,
expected
(Chapman & Cutler—Opinion)
;■
3-1-1953
total estimated
a
than
more
nishing
additional
funds.
Du¬
$75,000 buque's airport also will cost $1,500,000, and the Waterloo airport,
being built on a 1,704 acre site, is
5,000
$187,000
To
5,000
1-1955-69
(Horace S. Oakley—Opinion)
Highway
of
cost
proximately $1,500,000.. The dty
passed a $325,000 bond: issue, part
2,00Q
3- 1-1956
4%
mark.
of; which
Revenue———— 9-15-38
Refunding 14
5- 1-34
5,000 Monroe Co.—Primary Road
Refunding
:•
5- 1-34
10,000
"Wayne Co.—Primary Road
Refunding————— 5- 1-34
10,000
5- 1-1954
■
.
:
1953
5-1-1951
-1954
4%
.
5- 1-28
'
:
103
_——
"...
i
—
Highway
;
4%
.
.—10-1 -27
—
7v. ':77';,
:
.
''.'7.7;
(Charles B. Wood—Opinion)
7'
■
Highway
■
2- 1-26 :
—
7
.
:
■
■
(Horace S. Oakley—Opinion)
Highway
••
,■
4,000
26,000
14,000
for
Cedar Rapids' airport on a 500acre site is expected to cost
ap¬
Block 104 (Iowa)
4%
,
-
1949-57
(Chapman & Cutler—Opinion)
r
%
■
;
2,00Q
3,000
1-1945-48
To the Harris Trust & Savings Bank of Chicago:
■
7.
12-
300,000
(Charles B. Wood—Opinion)
•
:
Block 9ft (Illinois)
:
4%
:
$35,000
erage
To the First Boston Corp.:
,
..
Peru—Waterworks and Sew¬
(Tennessee)
(Thomson, Wood & Hoffman—Opinion)
generally
of municipal airport
passed the $1,500,000
have
has
'
To John Niiveeii & Co., of Chicago:
$96,000
i
■
;
16,000
5-
■
.
sites
nicipal Association.
(Holland M. Cassidy—Opinion)
(Thomson, Wood & Hoffman—Opinion)
State Highway Debentures-
(Illinois)
Hoopeston—Sew. Disp. Pit- 1-15-38
(New Mexico)
sealed
information to the American Mu¬
Block 102
■
State Highway Debentures-11 -1-37
authorized
acquisition
under
To the Charmer Securities Co., of Chicago:
$53,000
.
■
issues
Airports with
1-1949
7.
•
.
4,000
9,000
5,000
"1949
.
...
' (Masslich & Mitchell—Opinion)
*
receive
ing, financing or planning under
way in mbre than 40 cities. Bond
'
.7
F. B. Driver,
—
will
network for the State with build¬
(Illinois)
(Chapman.& Cutler—Opinion)
.
Clerk,
bids until 1:30 p.m. an Oct 30 for
the purchase of $10,000 hospital
bonds.
Denom. $14000.
Due $1,19,000 000 on Nov. 1 from 1947 to 1956
Issue was approved by the
5,000 incl.
25,000 voters at an election on Oct 9.
10,000
Iowa (State of)
Cities Creating Airport Network
$59,000
—Iowa cities are creating an air
Hetchy
——
1960
of America National Trust
Block 88
City
(Thomson, Wood & Hoffman—Opinion)
Offering
par
on
any
date
plus
accrued
interest pay¬
follows: $4,000
1, 1950 and 1951, and $5,-
000 Jan.
as
1,
1952 to. 1954.
Denomination
$1,000.
Rate of
multiples of lk
of 1%, Bid forms and other in¬
interest
to
formation
be
may
in
be obtained from
Juran
Lincoln Park, Mich.
A certified tax, according to estimates made
: Certificates
Called— Albert J.
check for $500 for each issue is by David H. Stevens, State Tax
Assessor, on the basis of a tax. Flynn, District Secretary, called
■required.
study made by . his department for redemption on Nov. 1, 1944, at
Harlan County (P. O. Harlan), Ky. and released in preliminary form the Detroit Trust Co. of Detroit
Bond Sale—The $40,000 3 »/4 % on Oct. 13., A sales tax, with cerr all outstanding certificates of in¬
.school building revenue bonds of¬ tain limited exemptions, Mr. Ste¬ debtedness, dated Nov. 1,
1935,
fered Oct. 20—v. 160, p. 1787— vens observed, "would, result Jn and certificates of indebtedness,
second series, dated May 1, 1937,
were awarded to F. L. Dupree &
an average tax per family unit of
Co; of Harlan, the only bidder, at approximately $18 per year and both due Nov. 1, 1945.
the:
County
Monday, October 30, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1908
Clerk:
atl 100.269.
.
/,
cipal and interest.
Legality ap¬
proved by. Chapman & Cutler, of
Chicago.
<
'
./'• .:
-
■
■
.
O. Red Lake
Red Lake County (P.
payment' of prin¬
prompt
assure
Moody, John Nuveen &
&
Co., Frank & Belden, Inc., and C.
S.< Ashmun & Co., jointly, for 1K/4S
MISSOURI
Falls), Minn.
District, Mo.
$76,000 coupon
Bonds Sold—An issue of $2,000
offered Oct. 19
3% school bonds was purchased
—V, 160, p.. 1677—were awarded
to. the First National Bank of Min¬ recently by the Bankers Bond &
Canton
Bond Sale—The
refunding
School
bonds
Dated
Securities Co. of Hannibal.
neapolis. Dated Nov. 1, 1944 and
of 103, a basis of about the total gross yield would be
Ontonagon, Mich.
Sept; 15, 1944.
Legality approved
clue Nov. 1, as follows: $3,000, 1947
Dated Oct. 1, 1944 and about $4,200,000."
Bend
Offering — Dorothy
G. to 1954 inclusive;- $5,000 from by Charles & Trauernicht of St.
due" Oct.
"A personal income tax, based
1, as follows:
$1,000,
Louis." ;•
■
_-j
'
1946
to
1948
inclusive; $2,000, on the 1942 income, with exemp¬ Aubrey, Village Clerk, will re¬ 1955 to 1962 inclusive and $6,000
1949
to
1954,
inclusive; $3,000 tions of $600 for a single person, ceive sealed bids until 4 p.m. in 1963 and 1964.
Joplin, Mo.
(CWT) on Oct. 30 for the. pur¬
Bond Offering—II. A. Richard¬
from 1955 to 1961 inclusive, and $1,200 for man and wife, and $300
Redwood Falls, Minn.
chase
of $15,000 not to
exceed
$4,0.00 in 1962.
Subject to. re¬ for each dependent, with gradu¬
Commissioner of Revenue,
Bond Offering Contemplated — son,
4% interest coupon hospital con¬
will receive sealed bids until 10
demption in their inverse numer¬ ated rates of from 1% - to 4%,"
struction bonds.
Dated Nov. 1, It is reported by the City Clerk
ical order on any interest date at he • estimated,
"would result in
a.m. on Oct. 31 for the purchase of
1944.
Denomination $1,000.
In¬ that a portion of the $69,000 air¬
par and accrued interest, plus a 47% of the family units paying
$250,000 coupon refunding mu¬
terest M-N.
pue $5,000 Nov.; 1, port bonds approved by the voters nicipal airport bonds. Dated Nov.
premium of 3% if redeemed prior no tax and the remaining 53%
1945 to 1947.
The bonds shall be ori Oct 11, are to be placed on the
to
Oct. 1,; 1949; 2% on or after, paying approximately $2,500,000."
1, 1944. Denomination $1,000. Due
market in December.
V
Oct. 1, 1949, and prior to Oct. 1,
Mr. Stevens said the advantages awarded to the bidder whose bid
Nov. 1, as follows: $11,000 in 1949
Robbinsdale, Minn.
and
disadvantages,
cost of tad- produces the lowest interest cost
1954; i% on or after Oct. 1, 1954,
and 1950, $12,000 in 1951 and 1952,
and prior to. Oct. 1, 1959, and no ministration, and other details of to the Village after deducting the
Plans Bond Issue—The city is $13,000 in 1953 and 1954, $14,000
Interest making plans pertaining to an is¬ in 1955, $15,000 in 1956, $16,000 in
these forms of taxation would be premium offered, if any.
premium on or after Oct. 1, 1959.
on premium shall not be
consid¬ sue of
discussed in a final report to be
$250,000 city hall, fire and 1957 and 1958, $17,000 in 1959,
Monroe County (P. O. Tompkinssubmitted to the 1945 Legislature. ered as deductible in determining
police station bonds.
$18,000 in 1960, $19,000 in 1961,
ville), Ky.
the net interest cost, and interest
$20,000 in 1962, $21,000 in .1963,
Bond Sale—An issue of $16,000
Waseca Ccunty (P. O. Waseca),
on bonds will be computed from
/
MARYLAND
and $22,000 in 1964. Bids will be
.road and bridge refunding bonds
Minn.
Nov. 1, 1944, to the respective ma¬
received on bonds bearing such
Maryland State Roads Commission,
was awarded on Oct. 16 to Charles
Bond Offering — Art Brisbane,
turity dates.
Rate of interest to
Md.
vyj
rate or rates of interest as may
A. Hinsch &
Co. of Cincinnati.
be in multiples of *4 of 1%.
No County
Auditor,
will '• receive
Bond Call — Chief Auditor
be specified by the bidders, sub¬
Dated Nov. 1, 1944.
Due Nov. 1,
proposal for less than all of the sealed bids until 10 a.m. on Nov.
1974, and optional Nov. 1, 1957, Maryland State Roads Commis¬ bonds will be considered.
Prin¬ 2 for the purchase of $21,795.22 ject to the following conditions:
Not more than two different in¬
sion, William A. Codd, announces
or
on any interest payment date
cipal and interest payable at the not to exceed 6% interest diteh
terest rates shall be specified in
that in accordance with the provi¬
at par and accrued interest.
office of the Village •Treasurer. bonds. Interest J-D. Due Dec. 31,
sions of Article II, Section 1, and
any bid. Each interest rate speci¬
The Village is authorized and re¬ as follows: $1,145.22 in 1945, $1,LOUISIANA
Article IV, Section 8, sub-section
fied shall be an even multiple of
quired by law to levy upon all 000 in 1946 to 1949, $1,250 in 1950
(b) of a Trust Indenture given by taxable
Va of 1%. No bid of less than par
Iberia Parish (P. O. New Iberia,
property therein such ad to 1954, and $2,000 in 1955 to 1959.
and accrued interest will be con¬
the State Roads Commission to
La.
valorem taxes as may be neces¬ Bonds maturing in 1945 to 1949
Safe Deposit & Trust Co., of Bal¬
sidered.
Principal
and
interest
Bond Election—At an election
sary to pay the bonds and interest shall be callable on any interest
payable at such bank or trust
timore, Trustee, dated June 1, thereon without limitation as to
on
Nov. 21 the voters will con¬
paying date upon 30 days' notice.
company located in Joplin, Kan¬
sider an issue of $150,000. build¬ 1941, State Roads Commission of rate or amount.\ Bids shall be Payable at the County Treasurer's
Maryland, bridge revenue refund¬ conditioned upon the unqualified office. Purchaser will be required sas City or St. Louis,' as may be
ing bonds.
specified by the purchaser.
The
ing bonds aggregating $121,000,
opinion of the purchaser's attor¬ to furnish the printed bonds with¬
Jefferson Parish Garbage District are called for payment on Dec. 1,
out cost to the county.
The bonds City will pay for printing and
ney approving the legality of the
No. 1 (P. O. Gretna), La.
1Q44
nf 10S%
bonds;
The cost of such opinion will be sold subject to the ap¬ registering said bonds and witf.
Bond Offering—It is stated by
Due Dec. 1, as follows: $46,000
deliver same properly executed
shall be paid by the purchaser. proving
opinion of the County
W. Hepting, Secretary of the Po¬ in 1960, and $75,000 in 1961; Pay¬
and registered to the purchaser
The Village shall pay the cost of Attorney.
■ ■
lice Jury, that he will receive ment of said bonds will be made
in the City. The bonds will be sold
printing the bonds.
Enclose a
sealed bids until 1 p. m. on Nov. on presentation of such bonds to
MISSISSIPPI
subject to the legal opinion of
certified check for 2% of the par
28,
1944, for the purchase of the Baltimore National Bank,- in value of the bonds, payable to the
Stinson, Mag, Thomson, McEvers
Burnsville Special Consolidated
$250,000
public
improvement the City of Baltimore/or at the Village Treasurer.
& Fizzell, of Kansas City, whose
School District, Miss.
bonds. Interest rate is not to ex¬
final, unqualified approving opin¬
principal office of the Guaranty
V Bonds Legality
Approved—An
St. Clair Shores, Mich.
ceed 4%, payable J-D.
Denom, Trust Company of New York, in
ion will be furnished and paid for
issue of $8,000 2Vz % school bonds
$1,000. Dated Dec. 1, 1944. Due the Borough of Manhattan, the
Bids Returned—Matthew Carey,
by the City. All bids to be made
has been approved as to legality
on
Dec. 1, 1946 to 1964.
These City of New York. The Interest Refunding Agent, reports that sale
on
forms furnished by the Com¬
bonds were approved by the vot¬ Coupon due Dec. 1, 1944; must be of the $593,000 refunding bonds by Charles & Trauernicht of $t. missioner of Finance. These bonds
Lbuis. Dated Aug. 1, 1944.
ers at an election held on Oct. 17,
were
authorized at an election
detached and presented in the has been postponed indefinitely
and are payable from unlimited usual
held on July 12, 1944, by a vote
manner, but Interest Cou¬ and bids received Oct. 24 were re¬
j
Gulf port, Miss.
ad valorem taxes. The approving
of 3,263 to 280, and are payable
pon due June 1, 1945 and all sub¬ turned unopened—v. 160, p. 1788!
Bond Issue Details — Other
opinion of B. A. Campbell, of New sequent coupons must be attached
as
to both principal and interest
members of the group headed by
Troy Township Sch. Dist. No. 2
Orleans,
will be . furnished the to the Bond.
from ad valorem taxes which may
Lee Higginson Corp. and Paine,
(P. O. Troy), Mich.
purchaser.
A
$5,000 certified
be levied without limit as to rate
Bond Call—Director Norman R.
Webber, Jackson & Curtis, both
MASSACHUSETTS
check, payable to the District,
or amount upon all taxable prop¬
Barnard
calls
for
payment on of; Chicago, which recently pur¬
must accompany the bid.
erty within the territorial limits
Bristol County (P. O. Taunton),
chased an issue of $950,000 214%
Feb. 15, 1945, at the Detroit Trust
of the City.
Enclose a certified,
Lake Charles, La.
[' ■
Mass.
" / .
Co.
of Detroit refunding bonds harbor
improvement bonds, as
check for $5,000, payable to the
Bond Offering—Sealed bids will
Note Sale—The $20,800 emer¬ Nos.
16, 17 and 22, dated Aug. 15, previously noted in v. 160, p. 1677,
City.
:!.'
be'received until 10 a. m. on Nov. gency loan notes of 1944 Offered
1935, and maturing Aug. 15, 1960. were as follows: National Bank of
21,! by Emma H. Squires, City for sale on Oct. 24—v. 160, p. 1787
Commerce of New Orleans, First
MONTANA
Waterford Township School Dist.
Clerk, for the purchase of $60,000 —were awarded to the First Na¬
National Bank of Memphis, La¬
(P. O. Pontiac), Mich.
of
Attleboro,
at
Clyde Park, Mont.
jail bonds. Interest rate is not to tional, Bank
mar, Kingston & Labouisse, John
Bond Sale—The $75,000 coupon
Z Bonds Voted—At an election on
exceed 4%, payable J-D.
Dated 0.375% discount. - Dated Oct. 25,
a
price
2.94%,;
^
.
.
.
,
_
,
1944. Due in 20 years. The 1944, and due on Oct. 24, 1945.
approving opinion of Chapman &
r,
Newton, Mass.
Cutler, of Chicago, and a certified
Bond Sale—The $300,000 cou¬
copy of the transcript of the pro¬
ceedings relative to the sale of pon bonds offered Oct. 23—v. 160,
said bonds, will be furnished the p.i 1787—were awarded to Gra¬
purchaser.
A
$1,500 : certified ham, Parsons & Co., New York,
and Lyons & Shafto of Boston,
check, payable to the city, must
jointly, as Is, at 101.183, a . basis
accompany the bid.
of about 0.973%.
Sale consisted
Louisiana (State of)
of $100,000 sewer bonds, due $5,-
Dec. 1,
.
First
Receipts
Quarter
Show
Cain—State tax collections in
the
000
to
Nov; 1 from 1945
1964 incl,, and $200,000 street
yearly
on
building bonds offered Oct. 20—
v. 160, p. 1788—were awarded to
H. V. Sattley & Co. and Crouse,
Scharff & Jones, White, Hattier &
both of
Sanford, all of New Orleans, WatDetroit, jointly. Dated Nov. 1,
kins, Morrow & Co., Marx & Co.,
1944 and due $15,000 on Nov. 1
both of Birmingham, Lewis & Co.,
Smith
Bennett,
from
1946 to 1950 inclusive.
%
and
the current fiscal
.
-
v
?
•
-
Sale
Slayton),.
Minn,
■■
'.i
The $177,000 non-
—
—
100.471.
of the notable increases
report. -The September bever¬
age tax figure reflects an increase
of
$97,857 as compared to the
.same month last year and collec¬
tions
for the first quarter are
above the same quarter
$252,832
last year,
Sale—It
(P. O.
W.
stated
is
by
H.
Secretary of the
the $215,anticipation notes offered
on Oct*. 23—v. 160, p. 1788
Anderson,
Board of Education, that
Cor sale
awarded
—were
to
syndicate
a
Maine (State of)
-
Income
—Gross
of
School District
Kalamazoo), Mich.
Note
000 tax
MAINE
neapolis, and First National
of Minneapolis, jointly.
MICHIGAN
Kalamazoo
and
Sales
revenues
composed of the Industrial State
Bank, the Home Savings Bank,
the amount' the American National Bank, and
the First National Bank & Trust
Tax Studied
in
$6,700,000 annually
crue
to the State
income
tax
would ac¬
from a personal
and a 2%
retail sales
Co., all of Kalamazoo.
26, 1944. Due on Jan.
•
'■
i.
'
,
f
<"
'
J •)
Min¬
Bank
Bank,
National
western
shown in
Dated Oct.
15, 1945.
h
'■
1.»
Pennington County (P. O. Thief
River Falls), Minn.
Bond Saie—The $202,000 semi¬
refunding
annual
awarded
—were
offered
bonds
for sale on Oct. 24—v.
to
1678
Allison-
160,
the
p.
Piper, Jaffray &
Hop wood, both of Minneapolis,
and associates, as l%s, at a price
of 100.765, a basis of about 1.60%.
Dated, Oct. 1, 1944. Due on Oct. 1
in 1945 to 1953, incl..
Williams
Co.,
Second best bid
J i' V
,
it
>
J":
was an
a //. *
Leland
bonds
The
improvement
the
the
Speed Co., both
of Jackson.
MINNESOTA
Murray County (P. O.
Bond
10
Oct.
issue of
offer by
F;
tJ'
■
■
"
dated
are
the
voters
approved
an
$8,000 water main bonds.
Harlowton, Mont.
Co.,
&
callable refunding bonds offered
bonds, maturing Oct. 20
v. 160, p. 1677 — were
year at $21,540,735.35 represented $20,000 annually on Nov. 1 from
awarded to a group composed of
a
The bonds are
gain of $1,265,377.05 over in¬ 1945 to 1954 incl.
the Harris Trust & Savings Bank,
come in the corresponding period
dated Nov.
1, 1944 and among Chicago, Park-Shaughnessy & Co.,
a
other bids for Is were the follow¬
year ago, State Revenue Col¬
St. Paul/and C. S. Ashmun & Co.,
lector
Roland
Cocreham
dis¬ ing: Weeden & Co., 101.023; New¬
Minneapolis, as 1.10s, at a price
closed in a report. to Governor ton Trust Co., 100.966; Whiting,
of 100.01, a basis of about 1.098%.
James H. Davis which was made' Weeks
&
Stubbs, and Kidder,'!
Dated Oct. 1, 1944 and due Oct. 1,
public on Oct. 11. September col¬ Peabody & Co.,- jointly, 100.799;
as
follows: $15,000 from 1945 to
lections totaled $6,097,351.81, an1 Tyler & Co., 100.555; Harris Trust
1948 inclusive; $25,000 from 1949
increase of $162,382 over Septem- & Savings Bank,
100.547; First
to
1952 inclusive and $17,000 in
ber, 1943. The levy on alcoholic National Bank of Boston, 100.52;
1953.
Second high bid of 100.31
beverages amounted to $1,081,- Second National Bank of Boston,
for iy4S was made by the North¬
129.80 in September and is one
Jirst quarter of
Dane, both of New Orleans, Kneeland & Co;, of Chicago, Nusloch,
Baudean & Smith, Weil & Arnold,
Election—At
Bond
on
Oct.
sider
a
28
proposal
election
will con¬
an
the., voters
issue
to
about
$22,035 reservoir construction
.
Nov.
1,
Denomination
$1,000. Due Nov. .1, as follows:
$26,000 in 1945 and 1946, $27,000
in 1947, $28,000 in 1948 and 1949,
$29,000 in 1950, $30,000 in 1951
and 1952, $31,000 in 1953 and 1954,
$32,000 in 1955, $33,000 in 1956
and 1957, $34,000 in 1958, $35,000
in 1959, $36,000 in 1960, $37,000 in
1961 and 1962, $38,000 in 1963,
$39,000 in, 1964," $40,000 in 1965,
$41,000 in 1966, $42,000 in 1967,
$43,000 in 1968, and $44,000 in
1969. Callable by lot in inverse
order of maturity on Nov; 1, 1945
at 103 and accrued interest and
on
subsequent interest dates at
premiums decreasing 14 of 1% for
each additional full year or frac¬
tion thereof.
Principal and inter¬
est payable at the Chemical Bank
bonds.
1944. Interest M-N.
NEBRASKA
Broken Bow, Neb.
Bond
Election—It
S.
Kuns, City
election has been
R.
21 to submit to
issue of
is
stated
Clerk,
by
that an
^called for Nov.
the*voters
a
$16,000
airport bonds
Nebraska
(State of)
>
$60,000,000
Post-War
Projects
Reported—Post-war projects num¬
bering 136 and involving an es¬
timated cost of $59,563,098 have
been reported
to" the State Public
Works
Committee, according to a
statement made by State Engineer
Wardner Scott, a Committee mem¬
ber, in addressing the annual con¬
vention of the State League of
Municipalities at North Platte on
at the Oct. 13; Mr; Scott broke the total
Hancock Bank, Gulfport.
These down as three projects for munic¬
bonds are payable from ad va¬ ipalities, four for counties, six for
lorem taxes. Current levy, if fully the State University, 107 for the
State Board of Control and 16 for
collected, exceeds the amount re¬
Jk. Trust Co.,
New
York,
or
•
He
quired to pay average annual debt public power and irrigation.
service charge.
In addition the estimated the cost totals as $300,net earnings of the Port facilities 000 for municipalities, $1,920,050
for
counties,
$1,680,000 for the
are pledged for their payment. A
$13,770,998 * for
the
Sinking Fund of $100,000 is. to be university,
Board of. Control, and $41,893,050
constantly maintained while any
for public power and irrigation.
bonds are outstanding to further
Volume
He
Number
160
able have
plans complete."
generally agreed," Mr.
Scott commented, "that the need
for public power has been multi¬
plied many times due to the cur¬
tailment of
1
-
,
1
Egg Harbor, N. J.
Refunding Plan Approved
—
A
plan of refunding involving $609,500 of outstanding bonds was ap¬
thi§ construction dur¬ proved by the Local Government
One of Commission on Oct. 16.
A new
the past few years.
the difficulties we have
ing
encoun¬
in
tered
'
powers.
is
"It
developing
a
public
works program for Nebraska has
been a lack of Federal policy for
public works.'
'
"At present time most of us: in
Nebraska, I believe, feel that local
public works projects should be
financed by the local people and
that projects of national impor¬
5hd amended
agreement was pre¬
the city's request and
has
been approved "by Buckley
Bros, and Thomas J. Christensen,
pared
at
who
have
chase
agreed
to
*
pur¬
resolved
also
was
consideration
that
the Warren
A.
River Basin,
tion in the Missouri
•together with the Federal high¬
way
system, should be projects
financed in whole or part with
funds."
Federal
Atlantic City,
a
will
made Oct. 27 of
a
limited offer of
was
ough
of
$9,305,000 serial refunding
1944, as part of an au¬
thorized issue of $12,933,000 3%~
3*4% bonds with maturities 1950
to 1967; and $7,000,000 of 3% re¬
funding bonds of 1944, due Dec.
1, 1967, as part of an authorized
issue of $7,500,000 optional 1945
of
1954.
rate
satisfactory
Details
of
are
the
exchange
set forth in copies
offer
of the of¬
exchange available through
members
of
the
syndicate,
or
fer of
Wainwright, Ramsey & Lancaster,
New York.
A
prospectus issued
Nicolaus
&
Co., Inc.,
by Stifel,
states that
completion of the whole re¬
upon
funding plan the
new
debt struc¬
will
provide the city with a
wide margin of safety and/ the
flexibility
necessary
to
meet
changing conditions and will pro¬
duce a saving of over $3,350,000
over
the life of the $22,119,000
ture
at
dates
and
varying
included
in
the
entire pro¬
Local
The
exchange
offer
may
be
withdrawn without notice and the
bankers reserve the
right then to
offer the new bonds for
sale.
Belleville, N. J.
lor
equal
a
97.16,
to
or
registered public improvement
160, p.
1453—were awarded to Julius A.
bonds
offered
Oct.
24—v.
Bor¬
school
were
A
160,
v.
jointly,
1.40s,
as
at
a
10Q.167, a basis of about
consisted
of:
price of
1.3777%.
$50,000
gen¬
improvement bonds, $186,000
water
improvement bonds
and
eral
$20,000 school bonds.
are
All of the
dated Oct. 1,
following
re¬
for
ance
were
year
The allow¬
$38,274,412.
was
Under the cash basis system
$200,000 Atlantic Co., Refunding, total
Series of 1939, 3V4s.
ities
Block No. 2
the
debt of the municipal¬
counties
has dropped
gross
and
from
$347,000 Camden Co., General Re¬
funding 4s.
$965,400,163 in 1938 to $755,473,558 last year. It now equals
of
13.98%
taxable
valuation
net
Co., Vocational compared with 17.03% five years
Camden
School 414 s.,
budgetary
last
for uncollected taxes.
ago.
25,000 Camden Co., Park 414s.:
The municipalities last year de¬
85,000 Camden Co., Road, Bridge clared emergencies which totaled
and Institution 6s.
30,000 Camden Co., Park 414s.
60,000 Camden Co., Park 4%s:
$2,097,000, of which $225,456 was
through borrowing and
the remainder through transfers
financed
of funds on hand.
Block No. 3
The emergency
$243,000 Passaic Co., Park, Series of appropriations in the main
were
for
local
defense, water
2, 6s. - •■
•
" •,
143,000' Passaic Co., Tuberculosis utilities, garbage and ash removal,
fire
protection,
roads,
bridges,
Hospital 414 s.
7 ,'
42,000
Passaic ■ Co.,
Welfare police, snow removal, health, poor
Home 5s.
relief, and bonus payments.
Local school costs, which make
Block No. 6
up a major part of the total cost
$349,000
Camden, General
Re¬
of
operating the municipalities,
funding 4s.
have been running about $75,000,260,000
Camden,. General Re¬
000
annually for the last four
funding 314s.
years, but are lumped with coun¬
Block No. 7
ty, State and special district levies
$101,000
East Orange,
General in one of the
recapitulation sheets '
Improvement, Series 12, 414s. of the report this year.
47,000 East Orange, General Im¬
Debt service, another large item,
provement, Series 13, 414s.
totaled $49,157,737 last year, which
132,000 East Orange, School, Se-, is slightly less than
ries 00, 414s.
in recent years.
it
has been
Block No. 8
$104,000 East
314 s.
152,000 East
4%s.
indicated
Rutherford,
Union City,
Sewer
Bond
Rutherford, School
\
Block No.
•;;
.
11
N. J.
Refunding
Consideration—At
Under
Plan
the
16th
Oct.
meeting of the Local Government.
Board, acting as Municipal Fi¬
Commission, Mr, Rippel, of
A.
Rippel, Inc., Newark,
investment house ^appeared before
description
p.
7
1571.
Block No. 12
the
$267,900 Hillside Tp., School 4s.
Block
Commission
with a.
indebtedness of the
No, 13
$56,000 Irvington, School 434s.
city.
connection
in
proposed refunding of the
above named
He
'of
dum
.
,
...
amount^ to
•
.
-
No.
To
Stuart
Halsey,
&
Block No.
18
Block
Co.,
$50,000 Morristown, School 4s.
.
Block No.
To
Harriman
Blyth
both
of
&
$16,000
York,
Co.,
both
Van
of
York,
New
Deventer
Bros.,
Inc.,
and
of
Newark, jointly, at 138.696
$62,000 Newark, Dock 4*R
50,000 Newark, Dock 4V2s.
395,000
■
Passaic
Newark,
Block No.
To Halsey,
Valley
Block
21
Stuart & Co., at 124.448
folIows:
*
-
involved
amount
$1,900,000
aggre¬
additional
and
costs will be involved. Mr.
was
No.
Rippel
directed to prepare the neces¬
Union
26
were no
bids received for
the following:
$83,000 Fairlawn, School 5s.
26,000 Fairlawn, Serial Funding
O.
Union)„
N. J.
Bond
Offering
Friberger,
sealed
on
chase
William
—
Township
(EWT)
10
(P.
Township
receive
Block No.
7':
nomination $1,000.
over-all
gates
$144,000 Westwood, School 4%s.
There
:
the
wjp
provide for exchanges of bonds
maturing in succeeding years. The
.
322,000 Newark, Street Opening.
B, 514 s.
over
■
-Sewer 4s.
Series
of maturities
care
next six years, while Plan B
financial
information
and
$154,000 Teaneck Tp., School Dis- sary
submit the same without delay in
trict 414s, "
4
order that the Commission might,
95,000 Teaneck Tp., School Disformally consider the plan.
trict 214s.
7
94,000 Newark, Water 414s.
:
'7:;
Block No. 22
Securities Corp., W./E. Hutton $651,000 Passaic, Water 414s.
7
& Co., Laurence M.
Block No. 25
Marks &
/
.
30,000 Nutley, Water 4s.
separate plans.
take
Public Improve¬
ment's.
Co., Inc.,
Co.,
Equitable
Nutley,
two
Plan A will
Water provide for an immediate publje
sale of bonds to provide cash to
Block No. 20
:..
Estabrook &
New
;:7';'/.'.V7
Montclair, Serial
414s, Series No. 1.
19
Ripley
& Co.,
..
17
$57,000
at
137.236
1944. De¬
$70,000
Orange, Passaic Valley
Due Oct. 1, as
.7',.' Sewer 414s.
7 ' -! V
$15,000 from 1945 to 1948,
110,000 Orange, General Refund¬
incl.; $20,000, 1949 to 1952, incl.;
jointly, as 1.30s, at a price of
ing, Series A, 3s;
100.047, a basis of about 1.292%: $15,000, 1953 to 1958, inch; $10,000,
Block No. 23
1959; $5,000 in 1960 and 1961, and
Dated Nov. 1,1944 and due Nov. 1,
To the Union Securities Corp., R.
$6,000 in 1962.
as
follows: $10,000 in 1948 and
W. Pressprich & Co., B. J. Van
Second high bid of 100.618 for
1949; $15,000, 1950; $30,000 in 1951
Ingen & Co., Kean, Taylor &
and $35,000 in 1952.
Other bids: $255,000 IV2S was made by Halsey.
Stuart & Co., Inc.
Co., all of New York, Mercan¬
Other bids
MacBride,
Miller
&
Co., and
tile-Commerce Bank
& Trust
mcluded:
Kean, Taylor &c Co.,
Boland, Saffin & Co., jointly, as
Mercantile
Commerce
.Bank
&
Co., of St. Louis, Coffin & Burr,
1.35s, at 100.037; J. S. Rippel &
Trust Co., St. Louis, ana VanDeHarvey Fisk & Sons, both of
Co., 1.40s, at 100.131.
New
venter
York, Julius A. Rippel,
Bros., Inc., for $255,000
Chester Township (P. O. Maple
1^2% bonds at 100.40; Harriman
Inc., of Newark, and the Com¬
Shade), N. J.
merce Union Bank of Nashville,
Ripley & Co., Inc., and B. J. Van
Bond Call —General refunding
Tngen & Co., jointly, for $256,000
jointly, at 128.7321
bonds, bearing 314% interest and IV2 % bonds at 100.309; Blyth & $479,000 Paterson, Water System
outstanding
in
the
principal Co. and J. S. Rippel & Co.. jointly,
414 s.
amount of $421,275.77, have been for
$256,000 1.60s at 100.1,89.
65,000
Paterson,
General Im¬
called for redemption on Dec. 1,
provement 4%S.
Longport, N. J.
1944, at par and accrued interest.
Block No. 24
Bond Exchange Proposal Ap¬
Bonds are dated Dec. 1, 1936 and
mature Dec. 1, 1975, and should proved—After
consideration
of To Goldman, Sachs & Co., Kidder,
Peabody & Co., Bacon, Steven¬
be presented for payment, with the prope«a1 hv the above borough
son
& Co., all of New y—k.
appropriate interest coupons at¬ to issue $369,000 refu^dm® Ko^ds,
Rippel, Inc.,^Newark, and M. M.
Freeman
&
Co.,
Philadelphia,
bonds
Total
surplus
the
1943,
requirements
$342,212,966,
but this figure includes allowance
blocks
bids
Block No/1
230,000
possible
submitted a memoran¬
the proposal, which,, he
45,000 Irvington, School 414s.
planned to recommend for adop¬
62,000 Union Co., General Im¬
Block No. 14
tion by the city and then pro¬
provement, Series B, 2,70s.
•
$30,000 Kearny, Water 5s.
ceeded to outline the plan in de¬
Block No. 5
314,000 Kearny, Water Supply
tail. After having been appointed,
To Blyth & Co., of New York
414 s.
7 7/ :.'v
:
fiscal and refunding agent for the
at 120.254
Block No. 15
;
city, Mr. Rippel made a suryey
$155,000 Bridgeton, Sewer 41//2S.
$92,000 Livingston Tp., Water 414s. of the
city's finances and found
Block No. 9
Block No. 16
'
that the present bond maturities
are
such that 70%
$9,000 Millburn Tp., Sewer 414s.
To the Riverside Trust Co., of
of the debt
20,000 Mill burn Tp., School 4%s. now outstanding matures in ten
Riverside at 129.32
17,000 Millburn Tp., School, Se¬ years. He is recommending to the
$20,000 Elizabeth, Police Building
ries C, 41/4s.
city a proposal which
41/4S.
■■■■■:.77
Saffin &
Co., New York; McBride, Miller
Co., Newark, and A. Webster
Dougherty & Co., Philadelphia,
made
nance
detailed
$130,000 Union Co., General Im¬
provement 4V2S.
bonds
&
on
All
rejected:
To Halsey, Stuart & Co., at 131.055
160, p.; 1678—
awarded to Boland,
sale
Block No. 4
,
Sale—The $256,000
as
the
for
—
-
Kearny, N. J.
Bond
awarded
Rejected
Pension
for
that
achieved in
of $22,000 Hasbrouck Heights, Sewer
Julius
each block of bonds appeared in
41/2S.'
-.'7
7
is followed
bonds' bid
comprise the earliest maturi¬
of the original issue.
;
offered Oct. 25—v.
offered
bonds
below.
amount -of
lesser
$2,371,000
It is reported
—
Teachers'
State
Oct. 24
this procedure
AVhere
Awards
Annuity Fund; that $2,371,000
$7,365,900 various blocks of
New Jersey county, municipal and
pursuant
and
terms
Jersey (State of)
f und
of the
to au¬
thorization of New Jersey statutes.
sale
assessment
and
In
lesser
paving
Municipals
the
of
amount of
bonds, the group elected to take
only $1,083,000 of the borough
term bonds as against the $1,132,000 specified in the offering no¬
tice.
This action, it should be
noted, was in accordance with the
bidding
Sale
Bond Sale—The $100,000 coupon
The
by John A. Wood, 3rd, Secretary
amount,
pal
were
gram.
—
7
New
de¬
premiums
$5,970
School
.
debt
Authorized
bonds.
purchased $4,068,000 princi¬
paying a price of
cate
ties
total
$369,000.
to
pendent on the year in which the
redemption is exercised. The call
for sealed bids placed
the total
of bonds to be sold at $4,117,000
and the above-mentioned syndi¬
for
the
to
Merchantville, N.J.
of the total
amount of bonds to be issued
the
relation
Bonds
1%
exceed
not
$3,952,468.80,
:
■
10
in
amount of the issue of
$2,252,000 3%
borough general
Inc., of Chicago.
Subject to confirmation and up refundings, due serially on Dec. 1
to amounts available, the offer is from 1945 to 1974 inclusive, and
to accept bonds of the old issue $1,083,000 3% borough refundings,
in exchange for new bonds dated maturing Dec. 1, 1979, and call¬
June 1, 1944.
These latter con¬ able on any interest* payment
bonds
bonds
ap¬
exchange of new bonds for out¬
r
Fort Lee, N.J.
standing 3V2%-4% bonds dated
Bond Sale Details—We previ¬
July i, 1935.
Official notice of
the terms of the offer, which is ously reported in v. 160, p. 1788,
made in connection with the plan the award on Oct. 18 of $4,068,000
of debt refunding for the city, ap¬ bonds of the Borough of Fort Lee
pears on the back page of this is¬ and its school district to a syndi¬
cate headed by B. J. Van Ingen
sue. The offer of exchange, which
does not include the water bonds, & Co., Inc., New York. The total
is being made on behalf of the includes $733,000 2%% school dis¬
city by a nationwide syndicate trict refundings, due serially on
headed by Stifel, Nicolaus & Co., Dec. 1 from 1945 to 1974 inclusive;
sist
expenses
of
number
.
they have exchanged for the bor¬
which under
2.92%,
the
on
the ough Council has authorized the
issuance of $40,545 paving bonds
The fee to the fiscal agents
city.
Formal announcement was
—
based
circumstances appeared to be
very
Notice of Limited Exchange Of¬
fer
bonds
of
issue
the
proximately
N. J.
portionate share of these
further¬
indicated
the
private sale ap¬
peared warranted based on the
fact that the average interest cost
the
*
it
that
more
ceived
were
as
while
Commission
on
JERSEY
NEW
plan
Bids
in
sold at public sale and only in the
submitted indicated event that the company is not the
ordinarily favored successful bidder at the
public
public sale, it was not unmindful sale, with the further proviso that
tance and benefit to the country
of the fact that the debt percent¬
the issuing expenses estimated as
as a whole, such as flood control
age of the city rendered the ob¬ not to exceed
$2,000 shall be ap¬
on
the Missouri River, develop¬
ligations ineligible for investment propriated so that the Warren A.
ment of navigation on the same
by many public and private agen¬ Tyson Company shall pay a pro¬
river and development of irriga¬
cies as well as trust funds.
The
the
that
MacBride, Miller & Co., of lection experience, a requirement
$88,000 Phillipsburg, School 214 s.
219,000 Phillipsburg, School 4%s.
Ty¬
bond only on the amount of bonds
1909
Newark, jointly, at 123.117
Company will receive $5 per
son
exchange the new issue.
in
considering
or
It
ter
Commission
The
and
meeting held- on October 16, ap¬
proved the terms of the proposal
of the Warren A. Tyson Company
whereby they will exchange , as
many bonds of the total now out¬
standing as can be effected by the
close of business on Nov. 16, 1944.
The Funding Commission also ap¬
proved the public offering of the
unexchanged portion of the bonds
now outstanding with the proviso
that the company will guarantee a
bid for 3%% bonds at par or. bet¬
said, however, that reports in¬ Trust Co., Moorestown. Registered
bonds to be accompanied by duly
a very small portion
the projects indicated as desir¬ executed assignments or transfer
dicated ''that
of
FINANCIAL CHRONICLE
THE COMMERCIAL &
4329
bids
Clerk,
until
14 for
$212,000
of
Nov.
not
6% "interest coupon
or
W;
will
8
p.m.
the
pur¬
to exceed
registered
41/2S.: 7'. :
bonds, to be issued in either call¬
25,000 Fairlawn, Water 234s.- - able or non-callable form as fol¬
lows:
' '
28,000 Fairlawn, School 5%s.
$212,000 non-callable bonds. Due
100,000 Fairlawn, School 2.80s.
Nov.
1, as follows: $10,000
116,000 Fairlawn, Water Funding
from 1945 to 1951 inclusive;
41/2S.
$15,000 from 1952 to 1960 in¬
27,000 Fairlawn, School 3s.
clusive and $7,000 in 1961.
29,000 Fairlawn," School 5s.
•.
.
'
Local
Government
Surplus Put
212,000 redeemable
Nov.
received
by the State's 588 local units of
government during 1943 amounted
to $319,929,842 and expenditures
reached
$303,938,553, leaving a
surplus of about $16,000,000, ac¬
cording to the annual report of
State Division
the
on
Oct.
19.
was
of the
sur¬
of the cash basis laws of 1938 and
were
accrued
interest
at
the
by publishing a suitable no¬
tice of intention to redeem
ascribed to the results
1939 which
Due
as
option of the Township, on
any
interest payment date
after May 1, 1952, upon notice
to the holder thereof given
of Local Gov¬
Creation
1,
1952, being redeemable at par
and
ernment, made public at Trenton
plus
bonds.
follows: $10,000 iri
1945 to 1951, $15,000 in 1952 to
1960, and $7,000 in 1961. Each
bond payable after Nov. 1,
•*t $16,000,000—Revenues
the
in effect last year
bonds
date in
in all but 10 of the State's counties
a
on
a
designated
financial newspaper
.
tached,
at
Burlington
County
the Local Government Board at a
Braun,
Bosworth
&
and
cities.
These statutes require
local governments to make
budg¬
Co., Inc., etary allowances for past tax col¬
-7
published in the Borough of
City and State of
Manhattan
New
York, at least once, not
THE COMMERCIAL
1910
Monday, October 30, 1944
& FINANCIAL CHRONICLE
County of Buncombe, refunding,., 40,000 school funding and rethan 601 amount of receipts in the conefunding bonds, taking $29,000
spending period of last year, the $118,000, at 82.70.
days prior to the redemption
as 2V?s, due from Nov. 1, 1945
County of Buncombe, refund¬
date designated in such notice. prospect being that a surplus of
to 1951; the remaining $11,000
more
than $100,000,000 will be ing, Series 2, $16,000, at 90.87.
as 21/4's, due from Nov. 1, 1952
Dated Nov. 1, 1944. Denomina¬
available at the close of the fis¬
City of Asheville, general re¬
to 1962, all inclusive.
tion $1,000. Principal and inter¬
>
cal period on March 31, 1945.
funding, $155,368.74, at 80.52.
est payable at the Union Center
59,000 general and sewer fund¬
Rollin Browne, President of the
City
of Asheville, refunding,
National Bank of Union, or at the
ing and refunding bonds, takState Tax Commission, reported
Series 2, $1,000, at 90.87. /
Chase
National
Bank of New
ing $35,000 as 2l/zs, due from
Oct. 25 that the State's share of
Y Nov. 1, 1945 to 1951; the re¬
Ashville Local Tax School Dis¬
York.
Rate of interest to be in a
revenue for the
six months' pe¬
maining $24,000 as 2V4S, due
multiple of one-twentieth of 1% riod amounted to $279,115,393 on trict, refunding, $2,000, at 80.47. Y
from Nov. 1, 1952 to 1962, all
and must be the same for all of
South
Buncombe- " Water
and
Sept. 30, compared with $227,358,the bonds. The purchase price spe¬ 261 on
/ inclusive. .'■>'/, 'y>
Sept. 30 last year.
Total Watershed
District,
$3,000, * at
Interest payable M-N.
cified in the proposal must not be
•
77.80.
revenue collections, including lo¬
less than $212,000 nor more than
cally shared taxes, amounted to
Swannanoa Water
and Sewer
Rocky Mount, N. C.
$213,000.
After considering the $335,005,417, compared with $266,Bond Offering—W.
E. EasterDistrict,
refunding,
$15,000,
at
proposals received, the Township 546,788 last year.;
79.00.
v
v.
Secretary of Local Govern¬
Committee will either (1) reject
/ There was a surplus of $163,will receive
Woodfin
Sanitary Water and ment; Commission,
all proposals received, or <2) re¬
000,000 for the last fiscal year, Sewer
sealed bids at his office in Raleigh
District, $10,000, at 91.875.
ject all proposals for the purchase which was the first full fiscal year
until 11 a.m. (EWT) on Oct. 31
of non-callable bonds, or (3) re¬
under the administration of Gov. Craven County (P, O. New Bern), for the purchase of $70,000 not to
ject all proposals for the pur¬ Thomas E; Dewey.
The entire
exceed 6 % interest coupon street
;
yy". N. C. .•'/;/,v
Wilmington
>■
Housing Authority,
•
less than 30 nor more
:
N.C,
Call
Bond
>
—
"
Secretary of >the
Authority II. R. Emory announces
that the Authority has elected to
redeem on Dec. 1, 1944, all of its
bonds : (First
maturing; On
June 1, 1945 to 1955, and accord¬
ingly on Dec. 1. there will become
due and
payable upon each: of
Housing
Issue),
Authority
Series A,
said bonds at the Peoples
Savings
Bank & Trust Co., of Wilmington,
or at the option of the holder, at
the Bankers Trust
City,
the
accrued
Co., New York
principal thereof and
interest
.
thereon to
date
called,, together with a redemp¬
tion premium of 4% of said prin¬
cipal, and from and after redemp¬
tion date, such bonds shall cease
to bear interest.
Holders of said
bonds
and
coupons
apurtenant
improvement bonds. Dated Oct. 1, thereto
are
notified tnat upon
public,, works reconstruction that the following not to exceed 1944. Interest A-O, Denom. $1> surrender of the bonds and cou¬
Due $5,000 Oct. 1, 1945 I to
fund, created upon Mr. Dewey's 6% semi-ami. refunding bonds 000.
pons, at any time after the date of.
recommendation.
The
Governor aggregating $3,000,000 offered on 1958. Registerable as to principal
this notice, at the above place of
estimated in his budget message Oct. 24
v. 160, p: 1679 — were only; general obligations; unlim¬
playment, they will Jae paid the
last February a surplus of $17,- not sold as the only two bids re¬ ited tax; delivery at place of pur¬
full amount to which they would
legally acceptable proposal for the: 600,000 for the new fiscal year. ceived were rejected:
chaser's choice. Principal and in¬
be entitled by way of principal,
bonds to be sold, and if two or This estimate is already exceeded
terest payable in New York City.
$2,400,000 general refunding bonds,
redemption premium and interest
more
such proposals name the
Bidders are
requested' to name to date called.
by. more than $34,000,000 from
maturing from May 1, 1946,
Interest on cou-,
lowest rate, the proposal offering; actual
revenue
collected in the
the interest rate or rates in mul¬
to 1985, inch
pon bonds will be paid only upon
to
accept the least amount of first half of the year.
600,000 school refunding bonds, tiples of 14 of 1%. Each bid may presentation and surrender of the
bonds
{such bonds being those;
name
one
rate for part of the
The largest Increase was in the
maturing from May 15, 1946,
coupons for such interest.
Cou¬
first maturing.) will be accepted,
bonds
(having the earliest ma¬
to 1985, incl.
personal, income tax, the State's
pon bonds surrendered for re¬
unless
two
or
more
proposals
turities) and another rate for the
share of which was $77,776,647, a
demption must have attached all
name the lowest rate of interest,
Hertford County (P. O. Winton),
balance, but no bid may name
boost of about $18,000,000.
Rev¬
coupons maturing subsequent, to
N. CY -/C Y,/ YY'
and offer to accept the same least:
more
than two rates, and each
enue from corporation
franchise
Dec. 1, 1944.
Bonds registered as
amount of bonds, in which event;
Bond Offering — W. E. Easter- bidder must specify in his bid the
taxes, Article 9-A, was about $12,to principal or as to both prin¬
that one of such last mentioned
ling, Secretary of the Local Gov¬ amount of bonds of each rate. The
000,000 ahead of last year, but the
cipal and interest must be in sat¬
proposals which offers to pay the i Tax Commission head said it was ernment Commission, will receive bonds will be awarded to the bid¬
isfactory form or accompanied, by
highest price will be accepted. certain
offering to
purchase the
part of this would be can¬ sealed bids at his office in Raleigh der
proper instruments for transfe^.
The purchaser must pay accrued
celed by losses from the effects until 11 a.m. (EWT) on Oct. 31 for bonds at the lowest interest'cost
interest from date of the bonds to
:
OHIO ■
of renegotiation of Federal war the purchase of $25,000 not to ex¬ to the city, such cost to be deter¬
the date of delivery.
The purchas¬ contracts. The six months' col¬ ceed 6% Interest coupon school mined; by deducting the total
Akron, Ohio
>
er
will be furnished
with the
lections amounted to $77,578,533, bonds. Dated Oct. 1, 1944. Inter¬ amount of the premium bid from
Bond Sale — The $884,000 re¬
opinion of Reed, Hoyt & Wash¬ of which the State's share was est A-O. Denom. $500. Due $2,- the aggregate amount of interest
burn, of New York, that the bonds
$56,632,599.
.
■'/>>■'/;/• /:• / :•/.'• 500 Oct. 1, 1945 to 1954, Register- upon all of the bonds until their funding bonds offered Oct. 23^-v.
are
valid and
legally binding
able as to principal only; general respective maturities.
No bid of 160,-p. 1573—were awarded to a
;; Mr, Browne reported the re¬
obligations of the Township,
a
obligations; unlimited tax; deliv-: less than par and accrued interest syndicate composed of Fox,
ceipts from the motor fuel tax in-.
certified check for $4,240, payable
Reusch & Co., Cincinnati, William
ery at place of purchaser's choice. will be entertained. >' In the event
creased ^surprisingly" from $20,Mericka
&
to the Township, must accompany
Co.,
Cleveland,
Principal and interest payable in! that prior to the delivery of the J,
095,127 last year to $21,329,469, a'
each bid.
New York City.
Bidders are re-j bonds the income received by pri¬ Commerce Union Bank of Nash¬
gain of $1,234,342 for the State.
;
quested to name the interest i-ate vate holders from bonds of the ville, Ball, Burge & Kraus/ of
NEW YORK
Revenues from gasoline filling
Cleveland, Paine/ Webber, Jack¬
or rat£s in multiples of *4 of 1%.
same type and character shall be
station licenses increased $1,134. Each bid
may name one rate for taxable by the terms of any Fed¬ son & Curtis of Chicago, Crouse,
Eastchester iff*- O. Tuckahoe),
This means that 567 more stations
r
N. Y.
part of the bonds (having the eral income tax law, the success¬ Bennett, Smith & Co., Detroit,
are licensed to do business in New
earliest maturities)
and another ful bidder may, at his election, be Baum, Bernheimer Co., Kansas
Certificates Bold—An issue of
York than a year -ago.
rate for the balance, but no bid relieved of his obligations under City, Seasongood
& Mayer, and
$40,000 certificates of indebted¬
The
State revenue" from the may name more than two rates, the
contract
to
purchase
the Pohl & Co., both of Cincinnati C.
ness
was
awarded Oct. 25 to
alcoholic
beverage
tax
totaled and each bidder must specify in bonds and in such case the de¬ F. Childs & Co., Chicago, and
County Trust Co. of White Plains,
his bid the amount of bonds of posit accompanying his bid will Browning & Co., Cincinnati, as
at 0.44% interest
Due in eight $12,562,032, a gain of $1,151,251;
each rate.
The bonds will be be returned. The approving opin¬ V/2S, at a price of 100.978, a basis
months.
Other bids: First Na¬
NyacJt, N. Y.
I
awarded to. the bidder offering to ion of Reed, Hoyt & Washburn, of about 1.34%. Dated Nov, 1,1344
tional
Bank of Boston,- ,0.65%;
Bond Sale—The $11,875 coupon
purchase the bonds at the lowest of New York, will be furnished. and due serially on Nov. 1 from
Gramatan National Bank & Trust
or
registered
land
acquisition interest cost to the county, such Enclose a certified check for $1,- 1946 to 1952 inclusive. Other bids:
Co., Bronxville, 0.96%; Bronxville bonds offered Oct. 24—v. 160, p.
cost to be determined by deduct¬ 400, payable to the State Treas¬ Halsey, Stuart & Co., Inc., Illinois
Trust Co., 1%.
1790—were
awarded
to
NewCo. of Chicago, Mullaney, Ross &
'VY
ing the ,total amount of the pre¬ urer.
Mutual Lite Insurance Co.
burger, Loeb & Co., New York, us mium. bid from the aggregate
Co. and Martin, Burns & Corbett,
Scotland Neck, N. C.
of New York
1.10s, at a price of 100.101, a basis amount of interest upon all of the
Bond Sale—The coupon semi¬ jointly, as 1%S, at 100.703; Blyth
Dated Oct. il, bonds until their
Portfolio Offering—The Mutual of about 1.06%.
respective ma¬ annual bonds aggregating $165,- & Co., Hayden, Miller & Co. and
1944 and due on Oct. 1 from 1945
Life Insurance Company of New
turities.
No bid of less than par 000 offered for sale on Oct. 24— Ryan, Sutherland & Co., jointly,
No 1949, inch
Second high bid of and accrued interest will be en¬ v.
York is inviting bids on 32 lots
160, p. 1790 —were awarded IM2S, 100.57; Ohio Co., Stranahan,
100.13 for 1.20s was made by Ma¬
of State and municipal bonds, to¬
tertained. In the event that prior jointly to R. S. Dickson & Co. of Harris & Co., Otis & Co., McDon¬
rine Trust Co. of Buffalo.
Among to the
delivery of the bonds the Charlotte, and McDaniel Lewis ald & Co. and Merrill, Turben &
taling $9,030,000 principal amount,
other bids were: George B. Gib¬
now
held in the company's in¬
income received by private hold¬ & Co. of Greensboro, at a price Co., I/2S, 100.45.
bons & Co., Inc., 1.40s,
100.019; ers from bonds of the same type of 100.003, a net interest cost of
vestment portfolio.
Deerfiel'd Township School District
Suffern National Bank, 2s, 100.and character shall be taxable by about 2.22%, divided as follows:
Bids will be received, the com¬
(P. O. Doerfield), Ohio
>
n26; First National Bank, Pearl the terms of any Federal income
pany
states, up to 11 ami. on
$58,000
refunding
water
and
Bend Election—It is stated*by
tax
law, the successful bidder
Tuesday, Oct. 31, at its offices, River, 2V2s, at par.
sewer bonds, taking $55,000 as
Fred
B. Jenkins, Clerk of the
34 Nassau St.,
New York City.
may, at his election, be relieved
Ossining (P. O. Ossining), N. Y.
2V4S, maturing on May 1;
Board of Education, that a $28,000
of his obligations under the con¬
Separate bids are requested for
$2,000 in 1945 to 1949, and
Certificate Sale —The County
construction bond issue will be
each lot of bonds, and only bids
$3,000 in 1950 to 1964; the re¬
Trust
Co. of White
Plains was tract to purchase the bonds and
submitted to the voters at the No¬
for the full amount of each lot
in such case the deposit accom¬
maining $3,000 as 2s, due on
awarded on Oct. 18 an issue of
vember general election.
will be considered. The company
panying his bid will be returned.
May 1, 1965.
$31,068.22 tax certificates at 0.59%
requests that bids be made in interest. Dated Oct. 20, 1944 and The approving opinion of Reed.
107,000 refunding bonds, taking Fdrminglon Township (P. O, V^est
terms of a dollar price per $100
Farmington), Ohio
$100,000 as 21/4S, due $5,000
due July 20, 1945.
Other bids: Hoyt & Washburn, of New York,
face value of bonds. All bids will
will be furnished the purchaser. ;
from May 1, 1945, to 1964, the
Bond Election — An issue of
Ossining Trust Co., 0.65%; First
be considered firm until 5 p.m.
Enclose a certified check for $500,
remaining $7,000 as 2s, due on
National Bank of Boston, 0.72%;
$8,500 fire station and apparatus
On Oct. 31, and the company re¬
payable to the State Treasurer.
May 1, 1965.
Leavitt & Co., 0.75%."
bonds will be considered by the
serves the right to reject any or
Interest payable M-N.
voters at the November geiieral
High Point, N. C.
all bids.
Rye (P. O. Rye), N. Y.
Bond Call—Ennis Bryan, Town election.
/
Bond Sale—The coupon semiAwards to successful bidders
Note Sale—The County Trust
Treasurer, announces the call for
Howland Township (P. O. War¬
will
be made
for payment by Co. of White Plains purchased on ann. bonds aggregating $336,000,
payment on Dec. 1, 1944, all of
ren), Ohio
cashier's check or certified check Oct. 18, $120,453.07 tax notes as offered for sale on Oct. 24—v. 160,
the Outstanding $58,000 refunding
Bond Election
An issue, of
in New York funds, New York follows: $75,000, due Jan. 23, 1945, p. 1791—were awarded to a syn¬
water and sewer bonds and $107,dicate composed of Blyth & Co.
$20,000 fire department apparatus
City delivery, at the company's at 0.39% interest, and $45,453.07,
000 refunding bonds, bearing date
of New York, R. S. Dickson & Co.
bonds will be considered by the
office, on Thursday, Nov, 2, at ac¬ maturing July 23, 1945, at 0.56%.
of June 1, 1935 and due on June
of Charlotte, B.J. Van Ingen &
voters at the November general
cepted prices plus accrued inter¬ The notes are dated Oct. 23, 1944.
Bonds should be pre¬ election.
Co. of New York, and the C. S. 1, 1965.
Other bidders: Leavitt & Co., both
est to the date of delivery.
sented for payment in negotiable
Ashmun Co. of Minneapolis, at a
Among the blocks of bonds in¬ 'ssues at 0.57%; First National
Ohio (State of)
form,
accompanied by June 1.
cluded in the sale are $1,550,000 Bank of Boston, both issues at price of 100.028, a net interest cost
1945 and subsequent coupons, at
Bidders Shade Prices — J. A.
of about 2,28%, as follows:
0 61%;
Washington Irving Trust
City of Chicago Park District Re¬
Chase National Bank, New York White & Co., Cincinnati, reported
funding 4s, Series A, due 1955; Co., Tarrytown, $75,000 at 068% $165,000 public improv't, street
City.
Coupons due Dec. 1, 1944 011 Oct: 25 as follows: Uncertainty
and $45,453.07 at 0.70% .
funding and refunding bonds
$1,000,000 City of Chicago Judg¬
and earlier will be paid
upon among some bidders as to just
ment 3s, due 1956; $725,000 City
taking $36,000 as 2V2S, ma¬
what is the price situation in the
presentation.
NORTH CAROLINA
of
1945 to
Wash., Light & Power
.
redeemable bonds,
in
selecting the proposal to be ac¬
cepted, the Township Committee I
will not consider proposals which
name
a
rate of interest higher
than the lowest rate named in any
chase
of
$163,000,000 was placed in a post¬
Bends Not Sold—It is reported
war
—
<
.
.
♦
—
turing
Tacoma,
2%s, due 1959-62;
Buncombe County (P.
$500,000 City of Detroit Re¬
funding Series F 2%s, due 1951-
ville), N. C.
Series B, 1941.
and
1952.
Result
of
Tender
O. Ashe-
Call—Curtis
Secretary
of
County
Sinking
Fund Commission,
renorts
that the following bonds
Bynum,
New York
$100,000,000
(State of)
Surplus
Indicated
first six
months of the current fiscal year
exceeded
by
$51,757,132
the
•—State
revenues
in the
purchased by their respec¬
tive sinking funds pursuant to the
call for tenders on Oct. 19:
were
from Nov. I,
to
1962, incl.
,
as
2!/4S, due from Nov. 1,1952,
1962, all incl.
municipal
seme
Additional
72,000 water funding and refund¬
ing bonds, taking $34,000 as
2y2s due from Nov. 1, 1945,1
"
*
to 1951; the rertiammg $38/^0
to
C.
Purchasers—Crouse,
Bennett, Smith & Co. of Detroit
were
associated, with the Equitabld Securities Corp. in the purchase on Oct. 17 of $100,000
cinerator bonds, report of which
pwiously appeared in v, 160, p.
Wilmington, N.
1951; the remaining $129,000
as 2%s, due from Nov. 1,1952,
11790.
market,
has
caused
bidders to reduce their bids
slightly, especially for high grade
bonds, where the margin of profit
has been quite slim.
As a result
our
index of price for 20 Ohio
«
—
^
bonds declined slightly from a
| yield of 1.35% last week to, a
yield of 1.36% today. The index
1
1911
V^um<Kl60'iNumb^
The index
to T.19%A
from l.18%
•how¬
unchanged at 1.53 %\
for1 ten lower grade bonds,
ever, 'remains
:
;•'<
Orwell, Ohio
1
/,
Bond> Election
,,
'
issue
An
—
»
,
of
$5,000 '-water system completion
bonds will be considered by the
election.
general
November
the
at
voters
ordinance
-
easier,v:tlie yield" rising passed
Was"a1 hit
.
South Euclid, Ohio
Tenders
Requested
—
Lester L.
Askue, City Auditor, will - receive
sealed tenders until noon on Nov.
>13 of refunding
bonds, dated July
1, 1938, and maturing July 1, 1968.
sum
of $5,000 is available for
purchase of such bonds.
A
that
issue
to
Springfield Rural Sch. Dist. (P. O.
R D. No, 2, East Akron), Ohio
Bond Sale—The $240,000 semi¬
annual
building and equipment
bonds offered for sale on Oct. 20
Sale—The
Bond
land, Fox, Reusch & Co., and Wal¬
ter," Woody & Heimerdinger, both
of Cincinnati, as l3/is, at a price
issue of $15,000 school building
repair and equipment bonds.
basis of about 1.715%.
1, 1944. Due on April
April 1, 1945, to
Oct.
Security Bank
OREGON
and Oct. 1, from
Oct. 1,
The
was
only
an
other
submitted
bid
offer of 101.21 for 2s, ten¬
Stranahan, Harris & Co.,
dered by
Inc., and Paine, Webber, Jackson
&
Curtis, jointly.
the
An
—
issue
of
$90,000 village hall bonds will be
considered by the voters at the
November general election.
on
1950
equipment
15 from
Nov.
1946 to
Interest M-N. A
inclusive.
certiled check for 5% of the issue
is
required. Bonds were approved
election on Aug. 11.
at an
Nashville, Tenn.
'
$500,000
improvement
street
pon
upon
required
the
follows:
Co.,
F.
L.
Rothschild
if redeemed on
Township Rural School
O. DaytOn), Ohio
Bond Sale
The $7,000 semi-,
amv building
bonds, offered for
PENNSYLVANIA
District (P.
—
of the principal amount.
sale
on
23—v. 160, p. 1791—
to J. A. White &
Oct.
awarded
were
Co: of
Cincinnati, as lM>s, at par
No.
chased by the
arid $76 premum, equal to
101.085, a basis of about 1.35%-.
of
Dated Nov. 1, 1944.
incl.
bids
were
as
Bond
Reusch & Co.
Ryan,
Sutherland-L:
IV2S
l%s
44.00
l%s
Provident Bank.___
43.40
Weil, Roth &
•Irving
l%s
Ohio Company
2s
" :
3.00
60.00
Vinton Local School District, Ohio
-Bond Election
$18,000
im¬
provement bonds offered Oct. 20
—v.i 160, p. 1455—were awarded to
$41.00
A.
Webster
Dougherty &
Co.,
Int. Rate mi urn
Bidder
Fox,
.
York, Pa.
Sale —The $200,000
::
Pre-'-
Fort Mcintosh Bank
$1,000. Due
Oct. 1 from 1945 to 1949,
/
;
on
.
•
follows:
pur¬
Denom.
Beaver.
$1,000
_
has .been
bonds
hall
town
Value
Due $1,000 on
Nov. 1 in 1949 to 1956, incl. Other
R.F.D.
J), Pa.
Bonds Sold—An issue of $5,000
cou¬
—
building
considered
by
bonds
issue
of
will he
the
voters at
the
November general
An
election.
Philadelphia, as %s, at a price of
100.312, a basis-of about 0.837%.
and due Nov. 1,
as
follows; $14,000- from 1946 to
1955, incl, and $15,000 from 1956
to 1959, incl. Other bids:.
-
Dated Nov. 1, 1944,
For
■
;
Bidder
"
7/s% Bonds
•
Rate Bid
Corp.___^_-_-100.307
& Co-.
*—__ 100.143
First Boston
Barr
Bros.
Harris Trust & Savings
Waynesville, Ohio
'
"Bond Election — An issue of
$6,500 fire station and apparatus
bonds will be considered by the
voters at the November general
election.
W.
1%- Bonds ":
Co., Inc.„:__'—___10L206
Pittsburgh _________„_..101.16
purchase of $656,000 3% coupon
refunding bonds.
Dated Dec. 15,
1944. Interest J-D.
Denomination
$1,000 or such other denominatibn as may be requested by the
ISLAND
Bond
.Sale—The
;
$150,000
re¬
-
of improv¬
ing certain designated streets, be¬
tween
certain termini, by con¬
Tenders Requested—W, R.
Leod,
sealed
Town
Mc-
Clerk, will receive
tenders
consolidated
until
Nov.
refunding
15
bonds
of
at
structing sewers or water mains
therein, under authority of the prices not exceeding par and ac¬
laws of Ohio, particularly the Uni¬ crued interest. Funds are avail¬
to purchase not
less than
form Bond Act and Section 2293-6 able
thereof, and in accordance with
1-238%.
■
IV4S,
for
three bonds.
Vz%;
plus
bonds
and
numbered 4001 to 5000, inclusive,
interest payment date on
1, 1946, upon pay¬
ment of par and accrued inter¬
est to date of redemption, plus a
on
any
and after Jan,
V':
;
,
Na¬
net
a
'•••'
offered
of
Bond
cost
;.%/
■
;
•
John
by
approved
D.
McCall, of Dallas.
premium of 1%; and bonds num¬
bered 2501 to 4000, inclusive, on
any
interest payment date on and
1946, and on or before
1948, upon payment of par
after Jan. 1,
Jan. 1,
and
accrued
redemption
Sale—An issue of $60,000
1944
of
series
TEXAS
[
Corpus Christi,
Slated for
Election
Bond
is
Future—It
Texas
stated
by
T.
Near
Ray
Secretary, that an
will be held in the near
City
Kring,
election
future in order to have the voters
the issuance of $1,500,000
and
bayfront improve¬
bonds.
ment
Dayton," Texas
Bonds Voted—An issue of
-
interest
to' date
of
premium of
however, said
plus
a
bonds
refunding
Sept. 30.
V
$13,000 maturing April 15, $1,000
1946 to 1950, $2,000 in 1951 to
said bonds as
■ifi
1954, as 3s, and $47,000 maturing
in 1955 to 1960, $3,000 in
1961 to 1963, $4,000 in 1964 to 1967,
$2,000
and
in 1968 and 1969, as
3V/4S, Dated April 15, 1944.
Prin¬
cipal and interest (A-O) payable
at the Frost National Bank; San
$5,000
O. Houston),
Texas
Election Details
:
—
•
H. L.
County Auditor, re¬
ports that proposals to issue $22,000,000 bonds, will be considered
by the voters at the November
The total is made up of
election.
the.
;
$9,000,000
following:
flood
(State of)
Warrants Called
has
—
State Treas¬
James reports that he
Jesse
called
for
payment
at
facei
value, State of Texas general rev-1
enue
warrants to and including;
No.
750,305
which
includes
(1944-45
all
series),,
warrants
is-1
sued prior to and
and
cipal
The
interest
they
General
revenue
warrants,:
1, 1942, are
and jail,
Possessors of these warrants should
now
prior to Sept.
because
void
statute
municipal
payments
on
accrue.
and
reserve
addition
in
interest and
rent
its
City of Seattle has estab¬
will maintain a bond
lished
fund
of
system to make the prin¬
to
redemption
cur¬
re¬
quirements, Which reserve will be
maintained at a sum
sufficient to pay the principal and k
interest on all bonds becoming
built up and
ensuing year.
The proceeds of the
sale are to
redemption of $6,000,outstanding municipal trans¬
be used for
000
portation system refunding Rev¬
enue Bonds issued under Ordin¬
ance
No. 72440.
Bidders will be
mit
bids
upon
required to sub¬
blank forms fur¬
by the City Comptroller,
said bids to be without condition,
513.21.
dated
drainage,
transit
including Sept.!
nished
29, 1944. This call is for $2,302,-
$6,000,000
road and bridge, $5,000,000 nav¬
igation and $2,000,000 courthouse
and
control
revenues
gross
due during the next
Texas
urer
Harris County (P,
solely
special fund created by
Ordinance No; 73550, called "Bond
and
Interest Retirement Fund,"
into which the City of Seattle has
the
pledged a sufficient amount of the
paving
was
bonds and the interest ac¬
thereon are payable
purchased recently by Robert
Mclntyre Co. of San Antonio, at
a price of par, a net interest cost
of about 3.229%, as follows:
For
$50,- Antonio.
and drainage bonds
authorizd by* the voters on
Said
crued
from
Robstown, Texas
was
Bond
-
cost and expense
100.168
Bank
Washburn,
funding bonds of 1943 offered Oct.
purchaser. Due $21,000 June and 20—v.
160, p. 1680—were awarded
$22,000 Dec.-15, 1946 to 1949, and to
Halsey, Stuart & Co., Inc., New
$22,000 June and Dec. 15, 1950 to
York, as "1V2S, at a price of 101.049,
I960,. subject to call 011 any inter¬ a basis of about 1.38%. Dated Oct.
est paying date 011 or after Dec.
15, 1944 .and due Oct. 15, as fol¬
15, 1950. Bidders may bid for a lows: $8,000 from 1945 to 1954,
different
rate
of interest in a
incl., and $7,000 from 1955 to 1964/
multiple of *4 of 1% or multiples incl.
Other bids, also for l%s:
thereof and provided further that
Mercantile
Commerce Bank &
said bonds must be sold at a lower
Trust Co., St. Louis, and First of
rate of interest than 4%.
The
Michigan Corp., jointly, 100.317;
bonds Care issued for the purpose
First
National Bank of Boston,
•of refunding at a lower rate of
100,16.
•
interest, a like amount of bonds,
heretofore issued subject to call
SOUTH CAROLINA
fpr redemption, to refund bonds
Timmonsville, S. C.
issued for the purpose of paying
the
tional Bank, New Orleans,
..
Cranston, R. I.
of
premium
a
•'
Co., in ac¬ Legality
Hibernia
and
.
RHODE
&
Estabrook
Nashville
of
000
Village Clerk, will receive sealed Lee Higginsoii Corp.._._100.519
bids until 8 p.m. on Nov. 9 for tile Halsey, Stuart & Co.______ 100.269
of
count.;
count with Commerce Union
For
Unfon Trust Co.,
re¬
iy2%,
provided,
bonds numbered 2501 to 4000, in¬
114s, a net cost of about of interest, a like amount of out¬
clusive, may be redeemed on any
1.228%, was made by Mercantile- standing optional bonds called at
interest payment date after Jan.
Commerce
Bank
&
Trust
Co.,
par, are general obligations of the
St.
Louis, R. W. Presspfich & entire city, payable from an ad 1, 1948, upon payment of par and
accrued interest to date of re¬
Co.
and
Hermitage
Securities valorem tax levied against all
demption plus a premium of 1%."
Co., • Nashville,
in
joint
ac¬ taxable property located therein.
seawall
100.136
1
Co., jointly
be
for
pass on
Forgan & Co.; and
H. Newbold's Son &
Blair &
Wickliffe, Ohio
Bond Offering—Charles B. Lee,
100.137
Bank, Chicago.Glore.
also
interest to date of redemption
Rising Star, Texas
Offering —C. N. Burt &
Bond
City, at par plus a Co., Dallas, recently .purchased an
issue of $58,000 31/z% refunding
premium of 100.279/ a net interest
bonds
at
par.
Dated Sept. 10;
cost of'-about 1.221%; as follows:
1944.
Interest A-O.
Due April
$104,000 3s.
Due Aug. 15, as fol10, as follows: $1,000 in 1945; $2,r
lows:
$20,000 from 1947 to 000 from 1946 to 1949 incl.;
$2,500
J
1949, incl., and $22,000 in 1950 in
1950 and 1951; $3,000, 1952 to
and 1951.
1958 incl.; $3,500 in 1959 and 1960,
396,000 1.10s.
Due $22,000 on and
$4,000 from 1961 to 1964 incl.
Aug./,! 15 from 19521 to 196p,
Principal and - interest payable - at
incl.
the First State Bank, Rising Star.
The bonds are dated Aug. 15, These bonds, issued for the
pur¬
1944.
Second high bid of 100.31
pose of refunding at a lower' rate
•
shall
bonds
"Said
&
•
Brighton Township (P. O.
interest pay¬
1, 1948, 1%
any
ment-date after Jan.
■
Van Buren
interest,
plus - a redemption premium of
1 lk % of the principal amount and
5fork
New
as
"On Jan. 1,
Spencer Trask & Co., White,
160, p." 1574—
awarded to Barr Bros & Co.,
were
73550,
by
Co.,
deemable in part, in not less than
Weld
an
amount of $50,000 par value
& Co., Eldredge & Co., Horhblower
at any one time, but only from
& Weeks, Laurence M. Marks &
excess bond fund money, or from
Co., Field, Richards *& Co., Mc¬
Donald & Co., Barcus, Kindred & moneys in the renewal fund as
provided in Ordinance No. 73550,
Co., Chas. E. Weigold & Co., Har¬
in the inverse order of their num¬
vey Fisk & Sons, Butcher & Sherber as follows: Bonds numbered
rerd, W. H. Newbold's Son & Co.;
5001
to
6000, Inclusive, on
Yarnall & "Co., and associates, bid¬
interest payment date on
ding 100.125 for $2,344,000 as 4 Vis, any
and
after
Jan. • 1,
1946,
up¬
the remaining $11,656,000 as 2s, or
on
payment of par and accrued
a net interest cost of about 2.135%i
&
bonds
'
op¬
prior to
giving the notice
Ordinance No.
maturity
Lazard
24—v.
offered Oct.
Seattle has the
The City of
tion to redeem said bonds
Corp., New York,
B. J. Van Irige'n & Co., Hallgarten
v
Sale—The
Bond
to
not
1946;
inclusive.
Union Securities
date .called.
011
in
$1,000,000
$500,000 yearly from 1947 to 1956
highest bid was as
Freres
& Co.,
second
The
follows:
Interest ceased
Tenn.
Maryvilie,
follows:.
as
payment of principal and
1939, maturing June 1, 1954, and
denominations of $1,000 each.
The' bonds are payable at the
Chemical Bank & Trust Co., New
15, 1944. Due
Nov.
Dated
$2,000
Strongsville, Ohio
Election
$10,000
of
purchase
bonds.
Bend
W, Dee,
1, 1945. Denomination
Interest J-J. Due Jan. 1,
$1,000.
A-O.
in
City Recorder, will receive sealed
bids until 8 p.m. 011 Nov. 14 for
exceed 6% interest fire
V
-
Bond Offering—George
Nov.
on
system refunding revenue bonds.
Dated Jan.
in
1
York, or at the Bank of Maryvilie,
Madras, Ore.
1966.
noon
purchase of $6,000,000
municipal
transportation
1967, $748,000 in
1968, and
$753,000 in 1969. Interest payable
TENNESSEE
Maryvilie, Term.
until
bids
for the
1% %
1948, the bonds then
outstanding shall be redeemable
as a whole but not in part, by the
Oct.
on
16
1961, $664,000 in'1962, $677,000
1963, $691,000 in 1954, $704,000
in 1965, $719,000 in 1966, $733,000
of
Co.
awarded
City
in
elate called.
ceases on
Offering—W. C. Thomas,
Comptroller,
will receive
sealed
in
Electric Revenue Bonds Called
Lawton
was
—Secretary-Treasurer J. A. Crock¬
24 an issue of
ett .announces that the city calls
$100,000 airport site bonds at - a
for payment on Dec. 1,, 1944, at
net interest cost of about 0.95%.
par andf accrued interest, plus a
Pry or School District, Okla.
premium of 4%, Electric System
Bonds Voted—At an election on Revenue, Series A bonds, ■ num¬
Oct. 11 the voters authorized an bered 255 to 280, dated June 1,
Trust
&
160, p. 1679—were awarded to
a
syndicate composed of Ryan,
Sutherland & Co. of Toledo, Wil¬
liam J. Mericka & Co. of Cleve¬
of 100.332, a
Interest
1945.
1,
Jan.
after
Lawton, Okla.
—v.
Dated
the
in
ing
Campbell, City Clerk,
City Council has voted
$80,000 airport bonds.
Daisy
Seattle, Wash.
Bond
1957, $614,000 in 1958, $626,000
1959, $638,000 in 1960, $651,000
in
by all coupons for interest accru¬
is stated
Authorized—It
Bonds
by
344,000 hs 4%s, maturing on Oct.
1; $420,000 in 1947, $429,000 in
1948, $437,000 in 1949, $524,000 ill
1950, $534,000 in 1951 — the re¬
maining $11,656,000 as 2s, due on
Oct. 1; $545,000 in 1952, $556,000
in 1953, $567,000 in 1954, $578,000
ill 1955, $590,000 in 1956, $602,000
Sinking Fund
Commission at York.
Each bond
surrendered must be accompanied
Anadarko, Okla
>
bers, at a price of 100.069, a net
interest cost of about 2.12%, on
the bonds divided as follows: $2,-
office of the County
;-;:.H'>.C
OKLAHOMA
C
WASHINGTON
&
Fenner
Pierce,
Beane, Bacon, Stevenson & Co,
Kidder, Peabody & Co, all of New
York; G. -H. Walker & Co. of St.
Louis, Geo. B. Gibbons & Co, Inc.,
of New York, and associate mem¬
on
>
Lynch,
rill
of
the "-Village-' y>YorkCounty (P. O. York), S. C.
V Bond Redemption Notice—It is
Oct. 9," 1944.: Said bonds
stated ■ by f Walter D. Thomasson,
will be sold to the highest bidder
Chaifmam of the County Sinking
offering the lowest -rate of inter¬
Fund Commission, that the county
est for not less than the face value
will call for redemption on Jan. 1,
thereof and accrued interest. The
bonds are 15 mill and so called 1945, at the face amount and ac¬
crued interest thereof,
all out¬
Hudson Case bonds*, and the ap¬
standing 4%%- J-J bonds of the
proving opinion of Squire, "Sand¬
$1,000,000' Road and Bridge issue,
ers & Dempsey, of Cleveland,- will
dated Jan. 1, 1925, and maturing
be furnished the purchaser at the
-Jan. 1, 1926, through Jan. 1, 1950.
expense d!' the Village. Enclose a
Said bonds should be presented
certified check for $6,560, payable
for payment at the Chase National
to the Village.
Bank, New York City, or at the
an
high grade Ohios - likewise
for- ten
for
two
of
the
State
^years' limitation,
make arrangements
interlienation, explanation Of era¬
They shall be sealed, and,
except as to the bid of the State
of Washington, shall be accom¬
panied by a deposit of 5% either
by cashier's check or certified
check, of the amount bid, which
deposit shall be returned to the
bidder if his bid is not accepted
sure.
with the State
Representative of their district to
have them presented to the Gen¬
semi-ann. prior lien water rev.
eral Claims Committee for special
bonds offered for sale on Oct. 24—
by the City. If the successful bid¬
v.
160, p. 1574—w/ire awarded to appropriation at the next session der, after acceptance of his bid,
of the State Legislature. Out-of- i
a
syndicate composed of Halsey,
shall fail or neglect to complete
State holders bf such warrants are <
Stuart
&
Co.,
Lehman. Bros.,
the purchase of said bonds in ac¬
to
notify, the
State,
Phelps, Fenn & Co., Blair & Co.. requested
cordance with his bid on or before
Bond
Houston, Texas
Sale — The $14,000,000
Inc., Dick &
Merle-Smith, Stone
Blodget, Inc., Sal¬
&
Hutzler, Paine,
& Webster and
omon
Bros.
Webber, Jackson
brook
&
Co,
E.
& Curtis Esta¬
H. Rollins &
Sons, Hemphill,
Noyes & Co,
Eastman, Dillon & Co., Otis & Co,
the
First
of
Michigan
Corp,
Braun, Bosworth & Co,
Inc., Mer¬
Treasurer's office.
Other
warrants,
than
"
general
revenue
all State warfants are
cashable when issued and should
be presented
Jan. 1, 1945, the amount
deposit shall be forfeited
City as and for
of his
to the
liquidated dam¬
immediately for pay¬ ages and, in that event, the Cor¬
Prompt presentation for
porate authorities may, at their
payment of these warrants will
option, accept the bid of the one
be
greatly appreciated by the
making the next best bid.
State. Treasurer's office.
ment.
,,A
,
Monday, October 30, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
>912
may be
designated by the pur¬
These bonds will be delivered of the City Treasurer in the City
of Seattle, or at the Office of the chaser.
io purchaser in Seattle and shall
Report
On Defaulted
Special
agency
of the State of
be registerable as to principal, or fiscal
Washington in the City and State Assessments—In connection with
as to principal and interest, at the
the report in our issue of Oct. 2,
of New York.
option of the purchaser.
There will be delivered free of page 1456, relative to the proposed
The right' is reserved by the
City to reject any and all bids and charge to purchaser at the time purchase by the city, at 10 cents
said bonds are paid for, a favor¬ on the dollar, of defaulted special
>:io bid may be withdrawn after
the same is filed with the City able opinion as to legality, by assessment improvement district
Comptroller unless permission is either Preston, Thorgrimsop, Tur¬ bonds, it is reported that although
an
ordinance
passed
by
City
first obtained by resolution of the ner, Horowitz & Stephan, bond
Council permits the city to act in
City Council.
attorneys
of Seattle, or Wood,
the matter, the
Council is not
Payments of principal and in¬
Hoffman, King & Dawson, bond committeed to creating the sug¬
terest will be made at the option
.
of the holder either
at the Office
attorneys
City,
of New York
gested
as
of
appropriation
$100,000
yearly to finance the program.
1944.
group
the Alliance noted
A
of creditors offered to dis¬
pose of a substantial amount of
the bonds to the city on the 10cent basis.
Commenting
the
Fund,
This
WISCONSIN
Wisconsin
in
Balances
Trust
Aggregate $29,000,000 —The Wis¬
consin Taxpayers Alliance reports
that three
created
State trust funds,
new
the 1943 Legislature,
totaling $29,000,000
in cash and securities on Sept. 30,
"The
3%
1950
1951
520,000
■1952
545,000
375,000
3%
3%
3%
3%
400,000
3%
335,000
355,000
1953
3%
3%
445,000
1957
465,000
"The
•
Construction
-..4 ,/ ;
construction
charitable
as
manpower
and materials become
1962
*
1967
soon
700,000
from
in
the
of
tax
total
1945.
ending
June
On Sept. 30,
plans."
■
CANADA
Optional
Dec. 1
1945
$700,000
3%
1950
1946
700,000
3%
1951
1947
700,000
3%
1952
1948
700,000
3%
3%
1954
*
Callable
at par on
30 days'
notice in numerical order on the dates
they severally become optional
and
any
on
Canada
An issue
bills was
sold on Oct. 26 at an average yield
of 0.384%. Dated Oct. 27, 1944 and
due Jan. 26, 1945.
of
1953
The income from these
.
,
ALBERTA
Alberta
bonds, in the opinion of
.
Treasurer E. C.
matured
which
bentures
Nov.
1,
1936, at 3% in respect of the half-
.
year
each
' 4
ending Nov.
the
at
X'V:-?
v
accompanied by the approving opinion of Hawkins, Delafield and Longfellow, New York City.
The bonds will be
Manning will pay
province de¬
interest to holders of
counsel, is exempt from all Federal Income Taxes under existing laws,
regulations and rulings.
(Province of)
— Provincial
Payment
Interest
,
—
$65,000,000 Treasury
which
interest payment date thereafter.
,
(Dominion of)
Treasury Bills Sold
Principal and semi-annual interest (June'and December 1) payable at the office of The National City Bank of New
York, New York City. Registerable as to principal or as to both principal and interest. Coupon bonds in $1,000
denominations.
to about $5,~
Only spending from the
fund to date has been about $5,000
Rate
700,000
income
30, 1944 and
the balance in
this fund amounted
Amount
•
normal
net
collections for the two fiscal
years
■
is trans¬
State rev¬
general
amount equal to 10%
an
000.000.
Dec. 1
1949
in¬
necessary
"Money for this fund
ferred
enues
30 days' notice in
December 1, 1959-
3%
3%
3%
3%
700,000
penal
as
available.
;
1966
*
3%
700,000
be
the
at
State's
1964
Optional
700,000
will
stitutions,
for architectural
$700,000
and
Im¬
1960
1965
$7,000,000 REFUNDING BONDS OF 1944, DUE DEC. 1, 1967*
(Part of an authorized issue of $7,500,000)
Rate
which
Fund,
for
the
is
and
used
1963
He
*3% to December 1, 1959; 3%% thereafter. Callable at par on
inverse numerical order on any interest pi lyment date commencing
Amount
fund
trust
third
provement
1961 4
.
1
*
820,000
to
over
1959
v
•;
880,000
1958
sur¬
1942 personal incomes.
on
Post-War
••
Due Dec. 1
1
$
from
60%
September 30, only a
$50,000 of this fund's
money had been spent.
The $7,000,000 balance awaits the return
of larger numbers of the State's
."
r-._"
-4"
*
880,000
3%
420,000
4
.
•
585,000
1956
came
veterans.
"4:4
£
600,000
1955
.
World War II
The money
collections of the State
of the above issue
3%
575,000
v;
1954
Rehabilitation
Post-War
"Up
Rate
$495,000
315,000
each
allotted to counties for im¬
little
$9,305,000 SERIAL REFUNDING BONDS OF 1944
(Part of an authorized issue of $12,933,000)
$295,000
is
which
fees
license
veterans.
Amount 4,
of that
gasoline
Fund, for medical, educa¬
tional, and economic rehabilita¬
in
Due Dec. 1
up
States
Trust
of Limited Offer of Exchange
Rate
in the post-war
made
the
of
the
in
tax
Amount
is
tion of Wisconsin's
Subject to confirmation and up to amounts available a limited offer is being made to accept bonds
exchange for new bonds of the City of Atlantic City, dated June 1, 1944, described below:
—
for
taxes and motor vehicle and driv¬
Due January 1, 1973
Notice
the
used
be
proving State trunks. To Sept. 30,
1944, only $1,000,000 has been
spent out of the fund, leaving a
balance of $17,000,000.
s"Next largest was the $7,000,000
Refunding Bonds
July 1, 1936
will
on
system
highway
fund
portion
ers'
City of Atlantic City, New Jersey
Dated
the credit
county govern¬
years.
year
3<A-4'A%
$17,000,000.
improvements
which
of
specific projects
by
balances
had
for
trunk
State
most
Highway
to
stands
funds
new
Trunk
nearly
with
amount
ments
Funds
follows:
these
State
of Wisconsin's 71
(State of)
New
of
"Largest
was
the funds
pn
as
of
rate
and
$1,000
1944, being
1,
$15 and $7.50
for
denomina¬
$500
Holders will be paid inter¬
tion.
on presentation of debentures
flotation thereon of such pay¬
ment at any branch of the Im¬
perial Bank of Canada in the Do¬
est
for
Exchanges will be made only
through recognized dealers.
Stifel, Nicolaus & Co.,
together with LETTERS OF TRANSMITTAL to accompany Refunding
deposited with The National City Bank of New York, Exchange Agent, may be obtained from any of
EXCHANGE PRICES are stated
Inc., dated
Bonds of 1936
the
and such offer is made by the OFFER OF EXCHANGE of
minion
October 27, 1944, copies of which,
following:
VAN INGEN & CO.
J. B. HANAUER
E. H.
INC.
BUCKLEY BROTHERS
Si
CO.
ROLLINS Si SONS
TRIPP Si CO. INC.
DOLPHIN
■
CO.
(INCORPORATED)
M. B.
v'lCK
THOMAS & CO.
IRA HAUPT & CO.
MARTIN, BURNS Si CORBETT, INC.
JOHN F. PERKO & CO.
'
C. W. McNEAR 8c CO.
POHL Si COMPANY, INC.
INC.
MAGNUS & COMPANY
ment
O.
on
Kessack
calls for pay¬
various de¬
1, 1940, ma¬
Dec. 15, 1944,
bentures, dated Jan.
turing June 15, 1975. Upon pre¬
sentation and surrender of said
debentures at the Canadian Bank
Toronto,
of the
amount thereof together
crued interest to Dec.
of
Commerce,
will
SEASONGOOD 8i MAYER
be
made
obtain
.
payment
principal
with ac¬
15, 1944.
holders wishing to
of their bonds
prior to Dec. 15, may do so on
presenting said bonds at the bank,
where payment will be made for
the bonds, plus accrued interest.
Any debenture
A PROSPECTUS
i
from
Scarborough Township, Ont.
ROBERT SHOWERS
setting forth in considerable detail essential economic and financial data pertaining to Atlantic City may
be obtained from any of the foregoing or from Wainwright, Ramsey & Lancaster, municipal, consultants, 70 Pine Street, New
York City, who will also have available LETTERS OF TRANSMITTAL and copies of the OFFER OF EXCHANGE.
Dated Dec.
Bond Call—Township Treasurer
James
KATZ AND O'BRIEN
ATWILL 8i COMPANY
sold re¬
1944 and due on Dec. 1
1945 to 1964 inclusive.
1,
FIRST OF MICHIGAN CORPORATION
KALMAN Si COMPANY, INC.
MINSCH, MONELL 8i CO.
was
basis of about 3.16%.
BOHMER-REINHART Si CO.
CO. BOETTCHER Si COMPANY
BRAUN, MONROE AND CO.
CRUTTENDEN CO.
McDOUGAL & CONDON, INC.
WALTER, WOODY & HEIMERDINGER
KLINE, LYNCH Si COMPANY,
hospital bonds
cently to the Bank of Nova Scotia
of Halifax, at a price of 102.89, a
FOX, REUSCH Be CO.
R.S. DICKSON & CO. INC.
D. B. PECK Si CO.
BAUM, BERNHEIMER 8i
DEMPSEY-TEGELER Si CO.
HARVEYFISK& SONS, INC.
,
WHITING, WEEKS Si STUBBS
THE WEIL, ROTH & IRVING CO.
J. M.DAIN SC COMPANY
1
F. BRITTAIN KENNEDY & CO.
PASADENA CORPORATION
E. M. NEWTON 8i CO.
MACKEY, DUNN & CO. INC.
TULLER, CRARY & CO.
WHITE, WELD & CO.
respec¬
ONTARIO
3 J/2 %
& COMPANY
2V4%,
Arnprior, Ont.
Bonds Sold—An issue of $50,000
COMMERCE UNION BANK
CAMPBELL, PHELPS Si CO., INC.
ALLEN Si CO.
LYONS & SHAFTO, INC.
and
England.
CO.
CHRISTENSEN Si CO.
OTIS 8c CO.
ELDREDGE Si CO. INC.
INCORPORATED
EINHORN Si CO.
A. WEBSTER DOUGHERTY
will
tively, in respect of the half-year
ending Nov. 1, 1944, at the office
of Lloyds Bank, Limited, London,
A. C. ALLYN AND COMPANY
INCORI'ORATKJ)
1
Interest
Canada.
2%
at
1943,
STIFEL, NICOLAUS 8c CO. INC.
B. J
I.
of
paid to holders of Province of
Alberta sterling stock which ma¬
tured Nov. 1, 1942 and Nov. 1»
be
payment
@FedFRASER