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MONDAY
ommetciaL
U.
Reg.
Office
Pat.
S.
Price
r4,1 h
yu
RAILROAD
PUBLIC UTILITY
-
'.vi,-
profit '
Earnings
shares-.
—
share
common
and
income
Federal
charges,
a
Co., Inc.—Earnings—
6 Months Ended June 30—
1944
1943
Net sales_il.il—^
.U.
$8,240,597 $10,178,634
Profit before tax and renegotiation——1,902,921
3,150,828
Federal tax. provision
(net)
1,394,800
2,306,600
Renegotiation refund provision—,
325,000
625,000
U
Supply Manufacturing
profit
Net
snare,
B share_l___^___^________
414,561 class B shares outstanding.—V.
♦Earnings per class
♦Based
on
Beatty Hotel Co., Ltd.,
Admiral
Trust Co.,
1
Water Service
Alabama
1942
*$75,469
1943
*$79,239
Co.—Liquidation Plan—
& Gas Corp.—V. 160, p.
A.
this
sales
of
Inc.,
and Avon
three
all
in Personnel—
charge of
Products,
Canada, Ltd., has been elected President
Products of
it
companies,
was
announced on
Aug. 31.
He also has
right to exercise
American holders the first mortgage bonds
due Sept. 1, 1944, with accrued interest at the rate of 3% per annum
running from Jan. 1, 1944.—V. 120, p. 213.
redemption agent to pay to
This
In
—Earnings—
Issue
(less
Sales
/
.
Charles
of the
the
Carburetor Corp.
having a
$226,000,000—this comparing
close of the fiscal
of
than.
the schedule
of car business on the books would keep running all of the company's.
plants through, and beyond, the fiscal year now current. As to the
"war
work'.' business on hand he stated that the company's plants
at Berwick and Buffalo,
at frhich the major part, of the war work
being handled, would be kept in full operation through1 all of the*
calendar year 1945 and probably longer.
He declined to make any
for^bast with respect to the prospects of increased business in the
building of "railroad cars, passenger and freight, although he did say
that the outlook in that regard was that there would be a greatly
increased demand therefor within the not-too-far-distant future, and
that there was no reason to suppose that this company would not
get its full share of that business. Referring again to the war work
business he
stated that the company was approximately 30%
in
advance of
its schedule in the production of Caterpillar tractors—
but he took occasion again to warn the stockholders that all Govern¬
mental contracts covering war work were made
terminable "at the
convenience of the Government" so that there is no assurance that
Governmental contract undertaken for the prpduction of materials
needed for the prosecution of the war will be carried through to Its
the
.
New York
Curb Exchange
Baltimore
Stock
New
5,029,296
$22,330,492
16.853.611
sales—.
of
Cost
3,137,777
3,118.471
2,920,305 :
Sell., gen. & admin, exp,
Prov. for loss on doubtful
622.143
54,242
'
Misc.
*
57.408
589,741
;
':
181,782
577,848
41,221
-
53,456
.
44,333
• 45,293
39,834
36.293
$3,723,716
$3,499,185
259,275
302,102
87,750
$1,426,514
10,166
25,767
$4,699,418
$4,024,927
$3,597,101
$1,556,873
*2,830,000
tl,700,000
1,795,000
435,000
(net)
income
104,592
'
fluctua¬
exch.
-ti Foreign
tions
Net
-
•
'
•
prof, before prov.
Federal
for
Prov. for Fed.
Prov.
and
Net
taxes__
income &
profits
excess
taxes-
post-war
for
adj.
'
contingencies
Earned
:
per
„
share
com.
♦Includes. excess
of
profits
-Includes excess
$233,000.
<
1,255,938
$2.90
.
$80,000..
•»
:.
Assets—
Balance Sheet, June
'
'
'
v
U.
S. Treasury
'
Inventories
^
profits taxes. —
and U. S. Government securities
refund
Post-war
tri 3®Casn
___
of excess
Deferred charges -4—..
-
ij.
$7,617,364
3,099,900
640,000
2,834,644
4,822,093
80,000
1,427,199
notes, series C„__;
receivable (net)
tax savings
Accounts and notes
1,379,667
461,042
4,468,426
1,440,701
546,124
.
machinery & equipment (net)
4,851,314
Phosphate rock deposits (net)
1,399,572
Purch. money oblig. & sundry investments (net)
265,119
Prop, not required for oper. purposes—;
1
Goodwill, brands & trademarktf__i
>'
1
Land,
„
___U—.1137
State and City Bond Offerings and Sales
1121
Redemption Calls & Sinking Fund Notices._1113
Dividends Declared and Payable
1113
The Course of Bank CIearings__:_l____.
1112
buildings,
Foreign Exchange
;
1118
Rates..-
Federal
Reserve Banks
i__.^..1118
Condition Statement of Member Banks of
Federal Reserve System
1118
Transactions New York Stock Exchange
1095
Transactions New York Curb Exchange____1095
Combined
290,110
Condition Statement of
Stock and Bond Averages.
1
1
Auction Sales
—
.1095
___1117
$29,273,252 $27,133,950
I
Total
1943
$7,753,777
4,099.900
1,020,000
2,426,762
5,170,483
313,000
_
and Investments News.1073
Sheet Items Class I
(May)...
Railways
and
i
was
■;<
V"
a
•
:
recently concluded, of The Brill Corp.
Motors Co., in which companies Amer¬
ican Car and Foundry Company itself had a substantial interest both
as
stockholder and creditor—and which merger was the subject, of
attack by one holder of 100 shares of the common stock of American
Car
& Foundry Co.,' on the allegation that the carrying through of
the merger would result in the impairment of the position of American
Car and Foundry Company as the creditor of one of the companies
merged. On this he stated that there was no basis for such allegation
of impairment—that on the contrary as a result- of such merger, now
consummated,, the position of American Car & Foundry Co., with
respect to tM • companies merged had not only suffered no injury
but had been.•materially improved.
; . - >
/
conclusion.
'
46,843
payable
Accrued liabilities
Res. for Fed. inc. & exc. profits taxes
Deferred
credits
,
842,694
.
j... Reserves for insurance—-.—.—______
Res. for post-war adj. & conting—
_
stock
""-Capital
surplus
Earned
surplus
Total
•
—.
8,372,920
9,134,938
__
—_—.
-
"Segregated against
ri -and loi.tingencies.—V.
s
798,826
584,505
*
Common
$958,997
385,252
2,680,844
52,222
$1,211,358
301,674
4,045,731
.
——
*
4,732,588
580,840
8,372,920
9,134,938
4,169,109
1 $29,273,252 $27,133,950
reserves for insurance and post-war adjustments
160, p. 825.
;
: :;i'"
—
who
25
elected
President
of
years.
W.
VanAlan
Laboratories, Inc.
Mr. Ewald,
McConnell, has been with the company
Clark, formerly
•
. .
.
'
Vice-President in charge of production,
the newly created position
board of all three companies . ••■,
E. Hall Falle,
a director for many years, has
has
been
elected
to
newly created position of Chairman of
includes Messrs. Clark and Ewald and
Russell Rooks,
President of
Assistant
the three
of Chairman of the
been elected to the
the executive committee, which
J. S. Stone.
General Sales Manager, has been
companies.
.
made Vice-
company's
that such
He would
expressed
respect
'
payment of the
dividends on the preferred stock out of the
earnings for the years 1936 and 1938, he said that "the matter was
still
sub judice because
the counsel for the complainant was not
satisfied with the amount awarded him as counsel fees.
He added
that in all likelihood there would
be a final decision by the Court
on this question some time this Fall."
of
balance
Technical
succeeds the late David H.
to the renegotiation of the
fiscal year recently closed he stated
respect
contracts1 for-its
proceedings had been initiated and were now in course.
make no prediction as to the result of such proceedings but
confidence that> the provisions the company had
made with
thereto would be at least substantially Justified by the outcome.
Regarding the present condition with respect to the
arrears
of
'
'
Vice-President—
New
been
i
the merger,
Car & Foundry
to
asked <with
Being
war
Liabilities—
Accounts
;
referred
with American
Selected Income Balance
30
1944
'
Government securities
S.
General Corporation
of
Cash
U.
"
Exchange___—
Miscellaneous Features
$1,121,873
753,577
$1.79
,
""
r
$1,802,101
910,440
'
$2.87
$2,330,000 less post-war credit of
profits tax of $800,000 less post-war credit
tax
Consolidated
V
v
He
$2,024,927
1,067,547
$3.22
stockholders held on Aug. 21
Chairman of the board, in discussing the condition
affairs of the company, stated that at this date
company and its wholly owned subsidiaries (Carter
and
American Welding Co.) had on their books business
money
value of something more than
wit> the volume of $190,000,000 on the books at the
year
(April 30) and taking into account shipments
more
$50,000,000 between that <late and this. He added that
business
300,000
v
$1,819,418
profit
paid
Dividends,
■v
■
;.
Exchange
Exchange
1085
_109G
1100
1105
r___^_1105
.1106
Cincinnati Stock Exchange.—I—_.— 1106
Cleveland Stock Exchange...
._1106
Detroit Stock Exchange—
_.i-.._i..-_1107
Los Angeles Stock Exchange._
1107
Philadelphia Stock Exchange
___1108
Pittsburgh Stock Exchange
1108
St. Louis Stock Exchange
1108
Montreal Stock Exchange
-1110
Montreal Curb Exchange
-1110
Toronto Stock Exchange..^
1108
Toronto Stock Exchange—Curb Section
1109
Over-the-Counter Markets
1111
588,047
28.138
$4,4'4fr.l43
-'oh
Stock
Chicago Stock
279,419
,
York
Boston
Dr891
Net'lJr'Oflt
<v..w -
2,902,133
.
*■"
" * "52,596
receiv..'
Deprec. of plants
—
Depletion of mines____,
Add. to insur, reserved l/S
...
4,892,500
5,469,841
Net sales
.
5.095,069
$33,055,203 $30,013,059 527,109,706
24.921,442
22,641,313
19,632,060
sation, etc.
'
(Stocks)
Stock Exchange (Bonds)
annual meeting of the
Hardy,
J.
<
Page
cash
disc., agents' compen-
;
Quotations
Stock Exchange
New York
Of Orders
On Books—
1941
1942
$32,204,776 $27,359,788
$38,525,044 $34,905,559
returns)—
outward,
Freight
Stock and Bond
4
1943
1944
Years Ended June 30—
...
(& Subs.)
Foundry Co.—$226,000,000
American Car &
At
Agricultural Chemical Co. (Del.)
American
160, p. 426.
reoffering.—V.
;
has been appointed
Radio Corp.—Warrants—
warrants to subscribe to common stock of the
Corporation expired at the close of business Sept. 1.
Lehman Brothers were successful bidders for warrants offered by the
Guaranty Trust Co. for the purchase of 45,000 shares of American
Cable stock.
Lehman Brothers, it is understood, exercised the war¬
rants
and made a private placement of the stock without a public
Vice-President and General Manager in
corporation and its affiliated companies, Avon
Ewald,
America—Partial Curtailment—
has
company
American Cable &
617.
(N. Y.)—Changes
Allied Products, Inc.
159, p. 2073.
"
618.
p.
announced a decision to terminate two shorter,
power contracts with Bonneville Power Administration
for its Van¬
couver, Wash., plants, one the last of this month
and the other on
Feb. 28. 1945.
This partial curtailment is in line with recent cutbacks
in aluminum production.—V. 160, p. 618,
The
The
St. John, N. B.—To
New York, N. Y.,
160.
Aluminum Co. of
159, p. 2073.
See Federal Water
of
Manufacturers
V.
(& Subs.)—Earns.
1944
$65,555
Ended June 30—
loss
♦Profit.—V.
Pay Bonds—
The
Electric Appliance Corp.
has purchased the
company
was
purpose
if war¬
retired.—V. 159, p. 1241.
Reacquired shares will be
John
/
than .'340
1944, all or any part of their holdings at not more
the board of directors having set aside $80,000 for the
the right to apply not more than $100,000 more,
6 Months
$219,228
$0.50
$183,121
$0.41
•
-
oi $1,097,513 on June 30, 1944, equal
against $3.10 a share on Dec. 31.
stock were asked to tender before
convertible preference
Air-Way
Net
Co.—Purchases Plant—
Government-owned American Radi¬
ator plant in Springfield, 111., for $203,547, according to the Associated
Press.
Allis-Chalmers has been operating the plant since it was taken
over by
the Government in 1942 after standing idle for 10 years.
It
erected alter World War I by Montgomery Ward & Co., Inc.—
The
reserved
and
ranted.
Aero
i
25,
Aug.
of
MISCELLANEOUS
-
Allis-Chalmers Mfg.
Inc.—Asset Value—
share,
common
a
Holders
2073.
p.
$3.39
to
INSURANCE
-
reports net assets
The company
1943
1942 .•
$1,257,875 $1,078,9G8
849,958
755,456
755,204
$1.59
$1.58
$1.34
excess profits taxes.—V. 159,
$1,412,433
common
per
♦After
1
INDUSTRIAL
-
Air Investors,
1944
"
—
Outstanding
■
\
June 30—
6 Months Ended
♦Net
iV::\
■
(& Subs.)—Earnings—
Abbott Laboratories
News
Corporation and Investment
General
■
Copy
60 Cents a
September 11, 1944
York, N. Y., Monday,
New
^Number 4315
160
Volume
j
'
-
;
who has served in the operating department of
Foundry Co. since May, 1922, has just been appointed
Vice-President.
He will continue in the operating department under
E.
J.
Finkfceiner,
American Car &
a
direction
the
operations
associated
Frederick
of
Stevenson,
A.
in ail the company's plants.
with the company for 40 years.
New Official
and Director—
Hardy, Jr., formerly member
Stancliffe and Hardy, and until recently on
Charles
President, in charge of
Mr. Finkbeiner has been
J.
of the law firm of Hardy,
active duty with the United
('(IfllllllillJIIIililllJillfillltllltilHfilllJIIilillllilllliil llliIlll;illi;lll!illil!llll'lll!!li!!'llltIII'ililiHill!lll!'!IIH!ll!lilllllilIIIIII!l!|I!llll!III!!!H!!lll!!li!lillllill^
Banks, Corporations
us
an
and Individuals have found
for large or small
effective market place
BLOCKS of
which
are not
SECURITIES
readily marketable.
INQUIRIES INVITED
I
,
HILL, THOMPSON
120 Broadway,
rfillliliiillli'iillii
\
& CO., INC.
New York 5, N. Y.
i:i!!iiiiiiuitiiitiiiiiiMHiiiiii.iiujjii:iia.;iii;i!ii.iia:iiii.iMi.iHi:iiii;mi.aiiiiiii;wi:
,
f§
i
|
-|
j
I
American News Co.—Earnings—
elected a Vice-President and a director of AmeiAmong his duties will be the handling of
public relations for the company.-
States
lean
Navy, has been
Car
Co.
Foundry
&
sales
Net
Building
Lines, Inc.—Post-War
American Export
launched
be
1945.
"Exchester," the ship will
early in
The
three
placed
the
Ind.a after
with
ships,
new
Net
war.
Earnings
sharC_-»^.^
per
"After
cents
of 30
A dividend
Subsidiaries—
$
«
"
revenues
expenses '___
13.491,557
Federal
declared on the common
holders of record Sept. 9.
25 cents per share each
Other
5,648,306
.
2,604,171
taxes
appropriations
to Plan
oper.
Other
9.331,954
381,232 V
original amendments filed late in
The latest amendments provide
aggregate 850,000 shares against 750,000 planned
and 605,000 contemplated
in the initial
would
amendments
company's debenture holders.
For each $1,000 principal amount oi
the 6%
debentures there will be issued in exchange 74»/3 new com¬
mon
shares.
Holders of the 5% debentures will receive 69Vz common
the
Si,000 amount.
shares in satisfaction of each
Common stockholders are to receive
of
the proportion of
11.3%
holders.—V.
)'">
160,
&
in the ratio of 50%
Earnings
per
—V.
p.
159,
_______
equity
Int.
According
expanded
to
which
acid
colors
the
Dyestuffs
went
•
17,510,682
63,696
17,655,814
467,047
18.769,461
2,428,547
/<
18,705,765
145,132
Y.
3,807,417
_
for
intermediates
and
with
credited
the
Income
90,988
340,977
3,057,045
i
3,660,761
14,419,243
requirements applicable to respective
tlncome tax is shown in this
the
armed
winning
fight
the
position
Brush
Mr.
sprays,
refinements
in
stated.
of
tion
and
income
______
____________
cals
to
Mr.
the
license
war"
several
of
President.
as
executives,
week
a
additional
cash
.467,047
A.
accrued
P.
C.
the
for
H.
Whitaker
W.
plant
the
been
has
past
is
Vice-President.
hours
24
sales
day,
a
"In addition
Mr.
Brush
buildings,
to
production
shop."—V.
research
160,
and
laboratories
(&
Period End. June 30—
Net profit after
in
charges
loss
i
and
These
fully
a
five
include
equipped
A
Subs.)—Earnings—
*$379,616
of
$91,544
fund,
two
machine
demand,
on
J
ington, D. C.
sale
$$376,516
and
/Including
a
demolition
£$1,715
of
loss of $123,658
property
on
safe
of
property.
/Excluding a loss of $414,792 on sale, and demolition of
property charged against'a reserve fund.
^Including a loss of $123,658
sale of property.—V. 159, p. 2074.
Light & Traction
Co.—'To> Consider
Reor¬
ganization—
The
directors
consider
ments
tions
plan
a
the
of
are
Commission
meet
Sept,
and
13
are
expected
at
that
time
to
for
the
reorganization of the company to satisfy require¬
Utility Holding Company Act.
Present expecta¬
plan will be liled with the Securities and Exchange
by Nov. 1.—V. 159,
American Piano
p.
Gross
Oper. profit
on
1942
1941
$994,904
$970,437
531,395
529,355
476,651
$463,509
$441,082
countries,
President
Vice
In
of
370,496
377,936
384,412
American
$66,169
$93,014
$63,146
t$18,260
5,876
7,505
12,639
$65,041
$87,138
$70,651
t$5,622
Net
Net
Corp.—Cr__
25,000
6,000
rent
subsidy
23,500
26,016
$87,524
30,223
Dividends paid
*Of
.
tories,
pianos, radios, music rolls, etc.
.
87,500
$89,203
$158,150
8233,378
Safety
V
* -r,
-
"it.
m
- • n
-
Income
"
■■
' •"
(Company OnlyJ,
' :
•
1944
y w
-■
1
$1,015,254
1943
$3,313,880
$3,151,501'
209,627
6,072
term
11,611
discount and
debt
Y' 8,650
yy 174,094Y./Y
expense—__
interest___YY_Y
on
22,876
_ui._
Y- 'Y-i vYY'-':'-i.. Y; Y ;
i
provision necessary
the
2,991,50%
—
—
of
6,05!>.
2,718,704
debt
17,981?
■
<$187,124
_____—
for Federal
periods. ; tLoss
196,585
r*
-
.Y ;*Y'
income
or
excess
•
L'
l'
t$278,908r
profits
taxes,
...
Approved—
and
Securities
of
the
Associated Gas & Electric Co.—Weekly Output—
of
trustees
the Associated
T
& Electric CorpY report for the*
net electric output of the Associated Gas gfcf
Gas
week ended Sept. 1, 1944
Electric group was 126,697,768
.
2.2%',
the
over
same
kwh., an increase of 2,799,858 kwh., or*
week last year.—V. 160, p. 978.
,
.
r
,
Armour & Co.
—
YYY.
■
Bonds Offered
—
Yz-'^Y
'
Y*
A banking group
headed by Kuhn, Loeb & Co. on Sept. 7 offered $65,000,-4
000 first mortgage 20-year V/±% sinking fund bonds, se¬
ries E, at 102
V\ and interest. Other members of the" of¬
fering syndicate are: The First Boston Corp.; Harriman
Ripley & Co., Inc.; Smith, Barney & Co.; Blyth & Co '
Inc.; Goldman, Sachs & Co.; Lee Higginson Corp.; Leh-j
man Brothers;
A. G. Becker & Co., Inc.; Glore, Forgari.
& Co.; Kidder, Peabody & Co.; Ladenburg, Thalmann &
Co.; Lazard Freres & Co.; Stone & Webster and Blodg^tJ
Inc.; Union Securities Corp. and White, Weld & Cor
Bonds are dated Sept. 1, 1944 and mature Sept. 1, 1964.
v
The issue has been oversubscribed.
Listing—The company has agreed to make application in due course,,
the listing of the bonds on -the New York Stock Exchange,
,,•
Razor Corp.—Earnings—
1944—3 Mos.—1943
Purpose—The
1944—6 Mos.—1943
-
from
For
ftotes—(1)
$269,047 Y $600,073 '»
$347,652
taxes_._
447,400
$0.74
the
income
six
months ended June ;30,provision
to
possible excess profits tax and. special re¬
tax,
renegotiation of war contracts, post-war
contingencies amounted to $2,136,750 in 1944
for
1943.
from
the extent
30,228
60,371
series
1943
accrued
$2,476,799
$2,728,437
$1.37
$2.09
$2.30
" ' "
After
•
'
American Telephone
u
"
'
t-
■
icals
'
This
company
authorized
cable
of
by
facilities
$1,135,000.
additional
necessary
and
and the New York Telephone Co/ on Aug. 29 were
Federal Communications Commission^ to -.enlarge
New York and Boston' at an estimated cost
telephone
1944 requirements.—V.
160, p. 826.'^
•
$10,000,000
of
notes,
the
derived*'
(bjf
and
company
as
outstanding
and
$76,365,000 of such series B, series C and
the redemption price thereof
$80,183,250.
(105% ) exclusive of
Accrued interest to the respectiveT
and
pharmaceuticals.
They
also
manufacture and
of
the
fer¬
which
is'
tan
distribute and market their food
the United States
countries, and operate various 'storage, refrigeration and transportation facilities." A substantial portion of the
meat products of the company and its subsidiaries, principally of the
Y»nd
■
prepare
»
stock
company) and its subsidiaries prepare wool and
manufacture sheepskin leather, ahd market such products.
by
products
between
to meet
funds
operating
Company
the
provide„316
channels and two broad beam"-program channels
(a)
promissory
Company
and
owned
The companies said the new facilities would
with
serial
general
tilizers, mining certain component materials thereof.
Winslow Bros. & Smith Co.
(67.1% of theyvoting
& Telegraph Co.—Cable Expan¬
sion Authorized—
$65,444;
of
the
Business—Company was incorporated April 7, 1900, ip
and subsidiaries are engaged in the meat packing
packing plants in North and South America for
the slaughter of livestock and the processing of meats
and animal
products and by-products.
In conjunction with their meat packing
operations, the company and its subsidiaries manufacture butter and
cheese and
purchase and process butter, cheese, eggs, poultry and
other dairy
products; extract and process vegetable oils, and manu¬
facture margarine, salad oil and shortening; manufacture soap, toilet
"articles, glue, glycerine, fatty acids, curled hair and sandpaper, fcnd
carry on
ammonia cyldiner-filling operations; tan and prepare hides
and skins and manufacture leather products; and manufacture chem¬
"History
Illinois.
depreciation,, amortization of emergency facilities,, reserve for
renegotiation of contracts, Federal income and excess profits taxes,
less post-war credit.—V. 159, p. 1754.
.
..
*
liabilities,
commop' sha(i'e-
bonds,
interest will be
business,
1942
$1,627,258
Yl—
per
together
banks
from
redemption dates will be paid by the company out of its general funds/
Subs.)—Earnings—
1944
amounts
There are
D
accrued
'
' y
V '
for the above respective periods includes.'earnings
subsidiaries and from transactions in foreign countries
realized in U. S. dollars.—V. 159, p. 2074.
..
profit
Earnings
tLoss
$1,743;
"Net
proceeds,
certain
to
required,
be
bonds./
.-
adjustments and
and $1,268,647 in
profit
Net
foreign
issue
will be used to pay the principal and the premium!
on
redemption of all the company's outstanding first mortgage bonds,
series B, series C and series D, which /will be called for redemption on(
the earliest permissible date after the issue and delivery of the series Ef
>.500,200
$1.26 v,.Y $1.01
Federal
net
additional
may
447,400
500,200
$0.54
cover
other
$505,800
the
such
American Steel Foundries (&
«?
but unpaid, $1,460; deferred credits, $4,602; reserve
cilan° .re"tails' e c-' $4-442'' reserve for excess rental under
ShS2?f it 1^1'a
st0ies' $,72000; cIass A stock (23,428 no par
h
1,ar''$185,081: surl,lus' $312'981:
i
193,398
long
on
assumed
The
has been announced by William F. Wise, Executive
The Aviation Corp. 1 and
President of. American
9 Months Ended June 30—
$160,764, investment in Aeolian American
Corp., $1000 000*
prepaid expenses and deferred
charges, $16,338; furniture and'fixtures
(less reserve for depreciation),
$12,132; leaseholds, $1; total, $1,819,168.
1*1
*
'
•
Exchange Commission approved Sept. 5 com'-£
properties of the Missouri Southern Public Service
Co. to the New-Mac Electric Co-operative, Inc., for $170,000 cash. -The*
properties are in Barry, McDonald and Newton Counties, Mo.
After'
the sale, Missouri Southern will be dissolved.—V. 160, pp. 3, 218.
4
239,000
Balance Sheet, June 30, 1,944
«mS.0n har\d and, in bank' $231,632; U. S. Government
a?C0UI}u receivable, net after reserves. $58,301; inven¬
payable'
'
)
taxes.
interest
The
Corp.—New Appointments-
Outstdg. com. shares—-
to
„
fnr
|
—
pany's sale
.
<s.
of this year Mr. Cowden was named Contract. Manager
Lycoming Division.—V> 158, p. 2462.
and
30,935
___
2
2,001,266.
3,214,723:
$1,545,432
Sale of Unit
27,000
taxes__
profit '
/•'*',
•
'
income
for
;
profit after charges
(2)
Aeolian
income
for
>
1,696,559
2,927,285
i
Co
*No
round-the-world service.—V. 158,
serves
1,128
.
197,709
$6,231,243:
Income:
Net
<
January
the
$6,033,534
$6,169,306
Yv/'
Propeller Corp.
'
Federal
of
$6,075,196
—
income
Taxes
Appointment of Raymond J. Cowden as General Contract Manager
this corporation with
complete charge of contracts and service
for American Propeller blades throughout the United States
and in
$366,152
250,298
sales..
Net profit from opers.
inc.,
-
.
American Propeller
860,702:
1,343,012
94,110
from
Amortization
of
$842,803
Int., rentals, inc., net__
Dividend
Y
1726.
p.
Period End. June 3(F—
1943
$316,467
sales
Selling & admin. exps.Y
Credit
addition to a
Earnings per share-——
on
,«-rY
•
1,225,189
1,784,579
1,584,921
income)
^
'
1944
352,761
profit
'
2,221,850
2,033,721
capital
for
Corp.—Earnings-
sales.
in
"
other
debt dis¬
'
1966.
$669,229
of
Hawaii
via
American
Years Ended June 30
Cost
v
fixed
of
income
Interest
from Wash¬
Press. dispatch
-
6,387,044
2,897,150
1,831,09 5
State
income
"Provision for
(
Public
that
Associated
8,292,463
;___y
General expenses
The Commission said the
the two operated by
foreign
will
an
1943
$19,855,910
'
ment
pines
(incl.
Income
deposits,
plan calls for two hew routes to supple¬
the company belore* the war. ^ Proposed
operations include regular sailings every four weeks from
Atlantic ports via
the Panama Canal, California and the Hawaiian
Islands to the Philippines, Hong Kong and the Straits Settlements;
and from Pacific Coast ports and Hawaii to
the Philippines, Dutch
East Indies. Straits Settlements and India.
Before
the
war
the
company
maintained passenger and cargo
service between California and ports in Japan, China and the Philip¬
Y
on
American
to
,
,
r
1944
12 Months Ended June 30—
for the operation cf 30 passenger and cargo ships
filed by this corporation with the Maritime
according
i
Y $24,251,758
income
•
has been
routes
four
Commission,
taxes
stock,
preferred
19.—V.
•
subsidiaries)
.
companies
obligations,
direct and
guaranteed,
from others than subsidiaries. $214;
$287,289; dividends receivable from sub¬
cumulative
»Y
"A *ti
taxes
income
Electric
receivable
receivable.
"
Y'''VY'''.YY
•
domestic
(deprec.)
$247,622,-
cash
special
$3,775,110;
y
1,537,212
Associated
,
.
1944—6 Mos.—1943
t$126,713
on
Y
Net
$314,483;
post-war plan
over
v
reserve
i
of
102%
financing Sept.
:
Subsidiary
American President Lines, Ltd,—Post-War Plans—
y
highly specialized field,"
acres of property, and Seven
1944—3 Mos.—1943
_______
a
increasing
a
deprec.,
'Excluding a
charged against
-
'
.
,
::
retirement
Deductions
additional
Co.
'
1956. at 100%
and 8185,000 of
gold bonds, due 1959, at 100% i-
the proposed
on
Y
Statement of
subsidiaries,
advances,
than
y. ;
■
\Y YY
$6,265,1^8
.
company's
826.
p,
American Ice
&c.,
'know how'
continued, "we acquired 89
five of which are company-owned.
ultra-modern
»
,
'
$79,300,926; > $5 cumu¬
lative preferred stock, $97,844,400;
common stock, $37,434,351;
gold
debenture bends, American 6% series, due March 1, 2016, $34,445,500;
Southwestern Power & Light Co. 6%
gold debenture bonds, series A,
due
March
1, 2022, $3,408,400; accounts payable,
$18,343; accrued
interest on long-term debt (including $173,558 matured interest
for
which cash is in special deposits), $930,637; accrued taxes, $357,242;
other current liabilities. $525; capital surplus, $36,026; earned surplus,
$20,755,164; total, $274,531,514.—V. 160, p. 722.
.
' '« ;.<•
days
seven
been
For example, in the first six months of 1944, the
volume exceeded the total volume for 1943,
steadily.
gross
for
Gross
According to these
have
due
mortgage
revenues
Operating
Government
S.
Liabilities—$6
operating companies.
operating
bonds,
hearing
a
356,839
other current assets, $652; unamortized
count and expense/ $2,531,734; total, $274,531,514.
*
-
years—and
seven
gold
refunding
hold
Sheet, June 30,'1944
securities
accounts
interest
sidiaries,
DDT
H.
and
will
2,722,539
$7,598,146
•
less
not
yy
i
.
and gas purchased for resale
Other
379,592
.
2,428,547
340,577"
-
banks,
in
U.
$19,825,000;
that no change in the management or per¬
subsidiary is contemplated. G. A. LaVallee remains
new
underwriters'at
to
*
expenses
$9,724,158
I
income y
$174,084;
from
pointed out
the
issue
the
Sell
Electricity
Other
145,132
_______
Balance
that
Brush
sonnel
'
Registers $30,000,000
—
Maintenance
1943
$9,660,463
63,696
deductionS____________—Y
other
Assets—Investment
expansion of production of dye intermediates and it - is
the Marietta company will supply basic organic chemi¬
expected
$0.75
■,
'
?
"
(Including
the
$10,834,716
____
taxes
Net
already are under way in four
Boyle-Midway laboratories in addition
to Marietta
Dyestuffs'
two
research clinics, it was revealed.
Present plans call for the continua¬
new
" '
'
'
t
has
mortgage
first
SEC
'Prov.
1944
$10,689,584
v
and
948;
of
"duration
Light Co.
&
Operating
Operating
utility holding companies.
subsidiaries
from
Interest
services.
a
V<J
Associated Electric Co.—Earnings—
regulations pre¬
Expenses
against
an
on
'
I
issue
to
y 160,
P. 978.
Y Y'Y YYYY Y Y
periods, whether
required by the system of accounts and
unearned,
as
income
Total
the company which,
on
would
refunding
.
Work
it
2.73%
t
manufactured
f
Proceeds are to be used to redeem $30,000,000 5% first and refunding,
mortgage gold bo'hds, due 1956. at 102%% ; $276,000 of 2.88% first and
The
15,310,490
dye
in 1939, patented the insecticide as a
moth killer.
Vi... :.Y. / <> >
-Y. ;Y; -y -cY y^y'Y'YY'
DDT will
be processed by Boyle-Midway, Inc.,- an American Home
Products
subsidiary and one of the
nation's largest producers
of
Insecticide
plan
379,593
87,843
dividend
or
Other
company
thiazole,
$0.76
—
'
fi
$464,165
y
-
j
'
^
-
a
2,722,539
356,839
681,834
580,374
surplus
"Income
been
Marietta
be
Gelgy, Inc.,
:
12 Months Ended June 30—
the company's products are being
(dicftloro-diphenyl-trichloroethane),
an
DDT
has
2-amino
to
will
DDT
18,705,765
4,497,067*
83,484
45,032
scribed for registered public
installed equipment and started
intermediate in the manufacture
of sulfathiazole.
In 1944 the
production of thiourea, an' ingredient
of the synthesis of amino thiazole, was al30 begun.
The output of
these
two
items
totalled hundreds of
thousands of pounds,
all of
production of
which
17,510,682
4,477,037
20,030
Y
3,762,385
taxes
"Full
Brush,
Mr.
to
include
*!
1943
$507,959
taxes
12 Months Ended June 30—
germ-carrying insects.
1943
4,477,037
3,762,385
___
82,155
Balance,
$1.51
Products Corp.- -Acquires
and
V
1944
and
'' *
the principal amount.
deducts.—
other
&
tlncoine
$357,853
—$254,523
j $0.87
Chairman of the Board, on Sept.
basic
Co., Inc.—Output
filed with the Securities and Exchange-Commis¬
and sell under competitive bidding $30,000,000
Yiirst mortgage bonds, due 1974. :
The interest rate is to be set by the successful bidder.
The company
Comparative Statement of Income
insecticide
In
56,446
lib
company
sion
Federal
Brush,
of
industry.
46,860
Expenses
6 announced the
acqulstlon by this corporation of The Marietta Dyestuffs Co., Marietta,
Ohio, in an exchange of capital shares.
Founded in 1926, Marietta Dyestuffs has concentrated cn the pro¬
duction
10,031
t
Bonds—
6,764,534 •V 7,166,362
P.
company
Concern—
G.
18,762,211
_________
of
.
statement
Alvin
17,557;542
ml-'
subsidiaries
earned
Home
charges
Arkansas Power
25.928.573
income
in
Total
2074.
American
Electric
&
977.
p.
after
»*
s
1943
1844
share
common
Works
2.
Earnings per corhmon share—
Amer. P. & L, Co.—
Net
American Hair & Felt Co.—Earnings—
6 Months Ended June 30—
charges and taxes
Co.
Other income
;yyy"YY''5-VY-i
.
all
L.
of
to go to present common stock¬
yv.
Net after
4,487,068
9,788
public
equity cf Am.
<
.
new common
common
new
160.
said
Net
977.
p.
1,536,483
6,275,553
1,788,485
24,322,076
norlty interests
and warrant holders receive in exchange for each
share of new common.
the amendments will be to reduce from
12.67% to
of
3,855,906
5,308,656
divs. "to
Portion' applic. - to
,
present holdings,
effect
income
The
warrant one-eighth
The
$1.20
'
of
6 Months Ended June 30-^"
41,704.254
40,277,317
3,772,173
to give more liberal treatment to
amendments are designed
new
1943.—V.
15,1)55,241 ; 15,775,681
4,106,144
___
$2,692,805.
<•
the electric properties, of this company for i,he
1944, totaled 84,349,000 kwh.,. an increase of
the output of 81,556,000 kwh. for the corresponding week1
over
v
Water
Sept.
—V. 160, p. 826.
public and
deductions"
Balance
*Pfd.
in the original
reorganization
'
The
" I: $1.30
-
chiefly for Increase in the number
shares to be issued by the reorganized company.
These
common
new
May.
$2,854,305
$0.S7
Arden Farms Co.—Earnings—
282.996
to
other
$2 274.865
83,249,505
556,700
'
10,131,459
9,414,800
income
int.
Net
reorganization plan
its
to
Gross
and Exchange Commission
to supplement the
has filed with the Securities
amendments
.
of
cf
Net
The company
738,100
T.
- ......
share__;
common
output
ended
3.42%
41,421,258
39,896,085
,
Submitted—
additional
$3,552,405
601,500
J
profit___'___
of
per
American
Power
week
11,828,064
11,733,377
71,335
(net!
$2,876,365
-
*
1,512,000
S
10,060,124
82,846
revenues™
income
5,010,300
deducting 10% post-war credit.
/Amount of net profit re-,
Served, representing post-War credit, Federal excess profits taxi' /After'
preferred dividend requirements and based on 1,720,443 common shareS.:
—v. 159, p. 2514.
;■
V.
¬
1944- -12MOS.—1943
Y
2,937,391
2,929,581
______
11,561,COO
6,642,500
"After
Y
,
Co.—Amendments
Power
&
Y
1,634,000
5,413,500
y
—-
*
Balance
Prop. ret. & deplet. res.
Net
Gas
American
taxes
9,922,805
151,000
j
surtax
profits tax J—-
.
^Earnings
32,220,534 139,656,607 128,139.507
11,987,560
54,906,394 48,550.654
4,570.569
23,125,661
16,406,199
2,664,890
9,995,090 > 9,933,332
34,605,569
Operating
$
:•-
•'
12,047,305
( 251,000
profits taxes_„_)
and
profit
Y
.
1944—3 Mos —1943
,
and
excess
1942
9,923,865
Y__
fReserve
"*Y Y,
Light Co. <& Subs.)- -Earnings—
American Power &
D_„
normal
"Federal
refund.—V. 159, p. 1138.
deducting $265,000 post-war
Period End. June 30—
poits and
2297, 2185.
share has been
per
par
no
Previously,
income
J.
1943
1944
$54,259,938 $49,933,624 $44,445,828
—
—
incdme
State
Y
'
Co.—Dividend Increased
value, payable Sept. 15 to
the company paid dividend of
quarter.—V. 160, p. 218...
stock,
$1,103,736 ; $572,407
421,436 •■■'* 421,436
- $2.62 *
$1.36
$1,235,309
421,436'
$2.93
outstanding
shares
Operating
American Fork & Hoe
3,307,000
profit
Common
already launched, will be
others
two
between New York and Mediterranean
("Wa.l Street Journal."!—V, 159, pp.
sales
Tefal
Net
.
.
$1,996,407
*1,424,000
$3,779,736
*2,676,000
$4,542,309
income
income & excess profits taxes.
Fed.
the
in .operation
Net
Federal
Total
have a minimum of
52.CC0 cubic feet of space for refrigerated cargo, or twice as much as
the company's' "Ace" ships that pioneered refrigeration service worn
New
York to
Mediterranean ports in
the early 1930s.
This is an
increase
of more than 20%
over the refrigerated cargo capacity of
the "Ace" ships immediately prior to the war.
christened
be
To
-
,,
Other Income
keel at the-Bethlehem-Sparrows Point •
shipyards for the first of three cargo ships desl8"ed espemaliy for
post-war commerce.
The vessel, to cost approximately $3,500,000, will
corporation has laid the
This
6 Months Ended June 30—
1943
1942
$71,095,097 $60,695,039 $44,332,242
4,518,424
3,709,42*/ . 1,935,314
23,885
70,309
61,093
—
profit
Operating
American Viscose Corp.—Earnings—
;
,
1944
Months Ended June 3C—
6
Monday, September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1074
and
its
subsidiaries
through branch houses located throughout
branches
in
foreign
'
Volume 160
subsidiaries
'•••
operating meat packing plants In South America, is sold
in the British Isles and other foreign countries.
t
...
lor consumption
1943,
of. Del.
Co.
and
Armour
into the
merged
was
the
At
company.
1
time
such
of
Was
the
merger-
100,000 shares of
the
By
company.
<
all
assumed
only, stock of
the
of
liabilities
the
Armour-Delaware
stock, all of which
common
merger
Armour-Delaware
all
and
outstanding
owned
were
acquired
company
the
the
by
accounts receivable
and
notes
2,433,864
Inventories !_———_
Armour-Delaware
Intercompany
s_—4—
153,572.563
_
_?■• *" 134,739
receivable.*
accounts
'
'
'
.
<•.'
.
;•••
.
Authorized
......
.
Federal
Outstanding
7%
'due
•«
$6
April
cum.
prior pfd. stk.*(no
7% cum. pfd. stk. (par $100)
stock
Common
Winslow
owned
Smith
&
the
Co.,
has
company,
debentures, due April 1,
:'
1
33,199,600
'
:;:
33,715 shs.
15,000,000 shs.
4.065,718 shs.
67.1',©- of
the
voting
outstanding
stock
of
which
15-year
$2,600,000
Reserve for U. S.
Amount
?;;/?
3%%
The First .Boston Corp.
2,500,000
A.
C.
aind Co.,
Ailyn
W. C.
Inc. ■—*L!
Ames,
Whipple
Bacon,
i
Jvlasten
McDonald
150,000
Ball, Burge & Kraus_
799,494
107,577,600
&
313,353
preferred
&
Inc.
3.371,500
20,'328,595
_!__„_
1,500,000
Co.
&
•
Blair
&
Co.,
160, "p; 826.
r;_.
—.$397,521,430
>
Blair
William
& Co.
Blyth & Co.,
500,000
Corp.
Co
-
fcosworth, Chanute,
&
1,500,000
—
Metronolitan St.
Co.
350,000
Net
The
Milwaukee Co._—
200,000
~:'lnc.
100,000
& Sherrerd
H.
Byllesby
M-
F.
Clark
E.
W.
Coffin
&
Co._^
Inc.—
Co.
400,000
pfd.
Alfred
150,000
The
100,000
Pacific
250,000
Co.:—
:
Paul H. Davis & Co.__
Merle-Smith
Dick &
K.
Dickson
S.
&
Arthur
300,000
Dominick
&
Dominick
600,000
Drexel
Co.________
1,000,000
&
200,000
.
Equitable Securities
1,500,000
,
Hawley,
CO.
400,000
Stroud
Hornblower
W.
E.
/Chicago
G.
♦
Lemon
&
"3»
400,000
The
Stubbs
—
Peabody
100,000
i
1,200,000
ic
200,000
—
11
400,000
SIncome
2934-1-
$567,095,832 $17,672,630
682,375,963
16,410,411
748,935,218' 17,001,290
788,279,705
16,449,616
723,537,907
3,199,053
715,318,910
13,137.640
733,949,084 15,399,443
926,236,110 27,139,599
31,303,910
1,300,009,015
1,416,558,800 43,245,663
38,831,095
915,874,744
5
1935-^-1936-
1937-1—
2938——
f
-^939——
;
2940——
1241——
1942
1943—
11944
ft«Loss.
*
JGross
600,000
600,000
T.
1941
1942
v!.
■
v)
!
■
v
■,
■
15,355,807
567,362
13,752,018
457,885
12,247,354
705,260
$2,827,543
$3,497,079
$3,130,108
28,469
29,586
28,652
$2,856,012
$3,526,665
'P'
••
7'"
'
■
'.' '
■'
•;
•
and
of
Service
l".•'
•!
' '' "
'
'
•
\
';
the
announced
been
Posthauer as Manager of Military Con¬
Division of The Aviation'Corp.,
Lycoming
160,
by
322,
p.
B/G Foods, Inc.—Earnings
'
!'
24 Weeks Ended June 16—
sales
;
1
1944
$1,901,120
—
1943
$1,727,088
70,770
$0.67
54,904
$0.50
profit'after charges & taxes—,
Earns,
V '
share-!—
common
per
159,
1967.
p.
"
vvV
.
,
f
.
Baldwin Locomotive Works—Earnings—
'
„
(Including wholly owned subsidiaries)
,
12 Months Ended June 30—
.
Chronicle
President*
fl,640,000
t2,014,000
12,160,162
fl,823,450
":
"Sales
—
before
.
?
^
tax—
taxes,
—-
227,486,889 209,290,724
29,389,666
26,698,965
__■_•_!__■ -—.-r!—t24,430,000 J20,916,740
etc._
4,959,666
'
shares
common
5,782,226
1,276,946
profit'
Net
1,263,655
$3.76
,
$4.45
.
renegotiation of war contracts, tlncludes estimated provision
renegotiation of war contracts. Federal and Pennsylvania taxes on
income
and
reserve
for' contingencies and post-war transition,
net
"Before
for
of
and
and excess
income and
of Federal
credit
post-war
Federal
taxes
state
on
deducting post-war. refund credit.—V.
after
Baltimore
Ohio
&
sidered—
f
^
profits tax. JProvision iot
reserve for contingencies,
160, p. 619.
RR.—New Adjustment Plan Con^
:
'
-t
taken from the "Wall Street Journal" Sept. 7:,
f The B. & O., In addition to providing means for handling its $71,000,000 of notes which are held by the Reconstruction Finance Corp.
and which mature Nov. 8, is, contemplating a readjustment of some
$550,000,000 of other obligations!^ '
The road is now operating under a plan for modification of interest;
The following is
charges and maturities ,which was Undertaken in 1938 and which ex¬
pires in 1946.
In the intervening years, the company has taken ad¬
of heavy war revenues to make sharp reductions in its out¬
standing debt which at the end of last year amounted
to about
$545,700,000.
:
:
: "
Several plans for revision of the financial structure have been con¬
vantage
sidered, and it is known that the railroad would like
additional readjustments are necessary while war
to make whatever
earnings are still
the present
That means anticipation of the time when
modification plan will expire in 1946.—V. 100, p. 978.
running high.
.
397,200
50,000
75,000
50,000
$694,511
$767,012
$666,503
$938,110
pfd. stock—__
171,492
! 171-, 493
171,493
171,492
$495,010
$766,618
254.822
252,178
$3.04
earn,
com._!
$523,019
$595,519
outstdg.
256,564
' 256,569
share.
$2,03
$2.32
on
stk.
per
post-war-credit
profits tax.
$183,000)
on
basis of
of-$142,000)
in
1943,
*
existing laws,
in
1944,
$1,515,746 in
•
.
; ■
$1.94
f
$1,826,000 (less post-war
and $852,200 in 1941
*!,:'••''•■"■'! :':X
• :•'''
1942,
Consolidated Balance Sheet, June 30, 1944
!
' >
(including $979,581 restricted to use on U. S. Govern¬
cost-plus-fixed-fee. contracts), $6,248,132; U. S. Treasury savings
100,000
cost<-plus*fixed-fee,contracts) less reserve of $181,466, $5,013,on cost-plus-fixed-fee contracts, $1,689,728; inven¬
securities of unconsolidated ^subsidiary company,
$748,514; Atlas Powder Co. common stock (7^372.28 shares); $203,852?
on
unbilled costs
tories.
$5,332,276;
.
miscellaneous
and equipment ( less
post-war excess profits tax credit (estimated), $847,000;
investments,
at
cost,
.
$19,044; property,- plant
and amortization of $12,509,933), $8,087,803?
reserves.for depreciation
on
the
of
acquisition
.
*
,
•
deferred charges, $89,450; total,
$37,603,592.
r'-''/"-■■■
^Liabilities—Accounts payable (including $844,335 relating to costplus-fixed-fee
contracts),
$2,470,632;
accrued liabilities (including
$817,835
relating to cost-plus-fixed-fee contracts), $1,578,759;
con¬
tract
advances,' U. S, J Government, $2,075,000; Federal income and
excess
profits taxes accrued, $5,335,767; dividend accrued on pre¬
ferred, stock, $57,164; notes payable- due 1950, $1,052,400; deferred
credits. $46,130; reserves for insurance, $403,963; reserves for pensions,
$660,596; reserves ■ for • contingencies, including renegotiation of war
contracts and post-war
adjustments, $759,019; 5> cumulative con¬
vertible preferred stock ($100 par), $6,859,700; common stock (263,936
shares, no par), $8,797,875; capital and paid-in" surplus, $1,037,710;
earned surplus, $6,468,877; total, $37,603,592.—v. 160, p. 826..
•
"Acquisition of Clyde Iron Works
Steel's expansion program with a view to
greater diversification of its business in peacetime. It is the intention
to continue the business of Clyde Iron Works without change in name
and with a minimum change in employee personnel."
After extended negotiations earlier this summer,
the Barium Steel
is
iri: Barium
step
one
•"
Corp. entered into an agreement with C. A. Luster,
C. A. Boesel, officials of Clyde Iifon Works, for
$32
so
Established
of all outstanding shares has been
A total of 98%
per share.
deposited.
•
in
•••
»
'
1899,
Clyde
*
•
Iron
Works
manufactures
William
D
foundry
capstans, dredge hoists and hoisting machinery.
manufacturing operations consist mainly of heavy
brass
fabrication and assembly. Iron, steel and
Total
facilities are also included in their plant equipment,
number
of
winches,
The
windlasses,
company's
machinery,
The
shares
forging
employees
is approximately 420.
capital structure of the Barium Steel
of common stock.—V. 160, p. 619.
Barnsdall Oil Co. (&
#
Corp. consists of 830,319)
Subs.)—Earnings—
1943
Oper. profit,
after int. & Fed. inc.
'
taxes
—* $3,931,003
Deduct,
_!*!!—
fo'r add, to
res.
costs
written off
during period—
Net
Earns,
-
$2,633,137
& for lease
2,094,145
-
;
1,672,488
1,424,383
$1,836,858
$0.83
profit from oper. for periodper share on outstg. stock-
r-V. .159, p.. 1755.
1942
$3,453,181
1944
6 Mos. Ended June 30—
$1,780,693
$1,208,754
$0.80
$0.54
,
• :
;
•
■
,
U. S. Patent Office) William B. Dana
- Business-Manager. ,* Published
Riggs
.
material-
machinery for industrial, contracting, railroad,
shipyard,
mining, logging and marine lines.
Products include power and hand
driven hoists, Whirley cranes, steel and timber derricks, carpullers,
mine and shaft hoists? track layers, logging machinery, dock and deck
handling
■
income taxes,
J. R. McGiffert and
the benefit of all
shareholders desiring to participate, under which Barium Steel
agreed to purchase all preferred anod common stock of Clyde depos¬
ited for sale; to pay for all preferred stock $100 per share plus accrued
dividends at 5%
from July 1, 1944 and to pay for common stock
Clyde
patents,> etc;? $4,052,682;
goodwill,
discounts, returns
:
for the pur¬
Clyde
The cost of
was' approximately $1,500,000 and no public financing was
Aug. 30 concluded arrangements
Iron Works, Inc. of Duluth, Minn.
corporation
The
involved.
tlncludes $1,420,000
O.—Acquires Iron Works
'
chase
650,000
notes, .$4,555,000; other U. S. Government securities, $716,500; accounts
and notes,receivable
(including billings of $1,164,421 for costs and-
/
(Reg
m-
Assets—Cash
S^cSeo IlUfTekphonf Sta?e0613r;l
i
.
1943
1944
-
,
Company, Publishers, 25 Spruce St., New York 7, N. Y., BEekman 3-3341.
Herbert D. Seibert, Editor arid
Publisher:
Other
assecond*27.50 per
twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday].
Drapers', Gar dens,, London, E.O, England, c/o Edwards &-Smith, Copyright 1944 by William B: Dana Company. Reentered
lo ma11pr Pphruarv 25 1942 at the' post office at New York, N. Y., under the Act of ,March 3, 1879. Subscription* in n^ted States and Possessions. $2R on per year: in Dominion of. Canada
vmuv South and OeSral'America,
Spain, Mexico and Cuba, $29.50 per year;,Great Britain, Continental Europe (except 8pain), Asia, Australia and Africa, $31.00 per year. NOTE: On
aSs to the rates of exchange, remittances for foreign su^criptions and advertisements must be made in New York funds.
9pitaerfc
'■
(Del.)—New Appointment—
$3,158,760
contingencies
com.
!y
Income
UTaxes
Interest
$4,850,339" $2,327,541 $10,494,750
5,209,660 >2,411,163
8,789,588
3,085,712
9,534,825
4,380,753
2,732,620
9,243,329
4,473,667
1,376,681
^2,127,389
3,949,761
2.428.366
6,983,293
3,725,981
2,988,984 > 8,807,470
3,602,983
7.184.367
16,314,804
3,640,428
11,343,712
15,924,549
4,035,649
23,273,818
14,570,838
5,401,007
26,926,304
8,120,407
3,784,384
Federal and Foreign taxes.
Financial
^ r*
ment
;;.-v
and
1943
ta^cs.
of
611;
interest and U. S. Federal and Foreign
rnmmorcial
1943.—V. 160, p. 723.
27,
'
.
stock
is iri
Cash
May 15, Aug. 1G
10 shares of common
of record Sept. 15.
This distribution
for 1944 on the common stock.
dividends
Barium Steel Corp., Canton,
Federal,taxes accrued
fees
and allowances.
,fJProvision for U. S.
"
150,000
Wood & Co.
t31 weeks ended June 3, 1944.
sales to trade and operating revenues, less
ii§ income before
par)",
400,0,00
—
Co
Net
Sales
Fed.
excess
JGross
Year—
each holder of
to
to holders
—V.
stock
cap.
credit
Statement of Earnings
Fiscal
($100
$2,384,511
anticip.
earned
(less
1,200,000
& Co
———————
&
in
on
Amt.
Woodard-Elwood &
t. Co.■
;
Co
'1944
income
Shrs.
•'
Kirkpatrick-Pettis Co.
Ladenburg, Thalmann
any
Rudolph Eberstadt, President, said:
100,000
—i
Witter
Harold E.
1,200,000
stock
$2,344,207
40,304
invest., etc.—
for
Net
400,000
Co._
Co
Wisconsin
Dean
&
preferred
(& Subs.)—Earnings—
18,451,019
T__
Amt.
&
Whiting,
McCormick &
;CO.
Eiidder,
White,
150,000
Inc.—
5%
1,200,000
Weld & Co.—
Weeks &
100,000
Kebbon,
&
Wertheim
co.
savings and profit sharing
$2,082,266; deferred income (un¬
/!;483,238i
profit—
for
crease
Divs.
500,000
Co.
&
Weeden
150,000
Payable in Preferred Stock—.
William F. Wise, Executive Vice President:
Mr.
Posthauer comes to Lycoming from Northwestern Aeronautical
Corp. where he was Chief of Contracts and Assistant to the President.
employees'
losses,
de--' '• m
income
inc.
Prov.
'
& Co.——
Walker
H.
$1,809,900;
dividend of one share of $20 par value
a
Appointment of Richard E.
has
400,000
Securities Corp.
Dann
Space
Kalman & Co.,
.
Vietor, Cfpmmon,
400,000
from
Provis,
350,000
Corp.
i
;
Ur.ion
700,000
'' '
of
and Co., Inc
Johnston,
S, Govt, securities (mar-,
$21,278,464 $18,750,712 $17,706,982 $16,082,722
sold,
taxes
400,000
100,000
Co.
——!
oper.
*Fed.
1,200.000
—
Inc.—
& Co._
Anthony &
Tucker,
•
goods
Total
Tyson
700,000
—
Lane,
Johnson,
Inc.Co.,
American
250,000
$1.79
1944, $4,141,200; 1943,
tLoss.—V. 160. p. 619.
200,000
Spencer Tra.sk
& Co.—
Inc.
250,000
and
Townsend, Dabney and
100,000
Weeks.
&
Hutton
The Illinois Co.
&
of
Net
1-—
t$0.70
$0.90
$2.71
Earnings per share.—
250,000
Co.
&
Swiss
&
—
revenues
Cost
Provision for deprec.!—
100,000
—
Hilliard
1944
oper.
350.000
700,000
--
—
Blodget,
600,000
Co.——
B.
ended
receivables, $24,32^,304;. reposses¬
capital stock oi subsidiaries not con¬
$1,089,105;
**
livery and other exps.
Webster
&
other
250,000
Stix & Co
Stone
and
200,000
Co., Inc.——
u
to
.charges),
Co.
Nicolaus &
350,000
(j
-
v£on
Stifel,
&
Co:,
Kill Brothers
&
in
for
reserve
Co.—
&
Brothers
Stern
-contribution
& Boyce—
Bros.
700,000
Miller & Co.
i
J J. J.
2,000,000
for
Atlas Powder Co.
150,000
Staats
R.
"
_
income- tax:
Aviation Corp.
,
>
investment in U.
investments
finance
Sales
1,500,000
Moore & Co.—
Starkweather
100,000
Hayden, Stone & Co—
Hill
months
$2,600,000;
."6 Mos: End. June 30—
'250,000
—
Smith,
—-
Noyes
150,000
&
Barney & Co.-
Stein
-w-—-
Hemphill,
six
the
$5,284,400;-common stock (456,747 shares no par), $3,260,151," earned
surplus, $15,777,623; common stock held in treasury (45,076 shares, at
cost), $1,294,495; total, $35,083,173.-—V. 160, p. 723.
/
100,000
Smith,
Shepard "and
Hayden.,
-for
700,000
Deane
Singer,
William
—
—
Co.— \
Scribner
Co.
—
&
Company—
&
600,000
& Co
Ripley &
(Inc.)
fva, Haupt & Co
$30,282;
^
reserve
150,000
Grubbs, Scott & Co.—
Hall &
income
Balance Sheet, June 30,
$4,549,820;
value, :$2,596,900),
sions,
350,000
300,000
Co., Inc
Consolidated
'
,.
earned
I. M. Simon & Co._—
Graham, Parsons &
Harris,
net
trust,'!$51,000;
Stringfellow-
&
Shields
1,500,000
Goldman, Sachs & Co.
Harriman
•
-
ket
350,000
Scott
150,000
;.J
of
Income
Assets—Cash,
&
Sehwabacher
250,000
$4,765,543
<
preferred stock
cash
$2.00
($154,000 held by Associates Building Co.),
$5,053,400; .a-ccounts payable and
accruals, $1,892,694;
reserve
for
taxes,
$1,284,407; reserves' withheld
(dealers and others), $602,624;
Schoellkopf, Hutton &
Pomeroy, Inc
$2,395,097 t$1,872,950
$7,229,401
company's
700,000
—
Rothschild
F.
A
Number
Sons,
Inc.
MacGregor,
-j.—
Hallgarten
undistributed
parent
350,000
&
Rollins
H.
E.
Michigan
&
Inc.
the
include' the
456,747
,
150,000
L.
——
Forgan & Co.-
Glore,
$2.27
••<Liabilities—Notes payable
250,000
ft.,.Corp.
Glover
434,061
$1.13
not
does
4
Robinson-
150,000
Corp.
First of
420,920
$1.72
net" income
The
Cleveland
First
411,671
share.!—
1944
solidated, $3,521,000; furniture and fixtures (less depreciation), $34,999;
deferred charges (prepaid interest, etc.), $20,768; total, $35,083,173.
300,000
.Co.
Field, Richards & Co.
The
296,000
of
Federal
2
'456,747'
250,000
—
296,000
245,241
436,057
350,000
Humphrey Co
296.000
The directors have declared
series
Profit
.
250,000
'
1,165
296,000
Autocar Co.—Dividend
\
on
Gardner
&
315
1942, $415,700; 1941, $2,033,100.
—V.
Riter & Co—_—b——
&
Chapman
$1,158,843
$1,196,409
250,000
Fahey, Clark & Co.—_
Harwell,
paid
$654,035
on
400,000
&-»Co:!—
713
to
share
"Including
_
Net
212,969
-
100,000
400,000'» Reinholdt
Estabrook
$5,062,708
.
705
"
^tock——_!
common
J
30, 1944, of non-consolidated subsidiary companies, as follows:
Mfg. Corp.,'$1,158,659; Emmco Insurance Co. and its subsid¬
(loss),. $127,245; Associated Building Co., $2,680; Morco General
Agency, Inc., $219, ,v-,
.
■
.
•• - «,
,
,
.
100,000
Putnam & Co.——
Emanuel & Co.———
$2,691,810 t$l,576,635
iary
350,000
Piper, Jaffray &
Hopwood
:
700,000
Eastman, Dillon & Co.
$5,468,302
405,594
mi¬
to
stock
per
Durham
350,000
Phelps, Fenn & Co
$844,407
paid
177,200
jn
455,622
1
$3,142,101 t$l,089,117
450,291
487,518
$7,526,106
period
r< applic.
common
June
Co.,
Writer &
Christensen, Inc.—
on
Balance
766,000
shs. outstdg..—
equity
700,000
Curtis
&
925,000
371,740
per
353,903
$8,064,830
538,724
interests ___!
pfd. stock—
Earned
300,000
stock—.
Nofe—The
Peters,
100,000
Incorporated
&
Perry
—'
Inc.
Co.,
355,000
134,396
Earnihgs
1,957,828
492,233
$2,703,952
329,542'
Comon
100,000
Calif.—
of
423,163
stock—
150,000
Co.—.
Co.
Jackson
200.000
Dempsey-Detmer & Co.
O'Gara
Ohio
14,177'
105,000
dividends
250,000
Paine, Webber,
Co
&
$2,417,077
13,116
$828,942
profits taxes
common
359,904
j$3,400,84(|,i $5;012,G80
payable-
obligations
dividends
Cash
250,000
& Co._
100,000
Curtiss, House & Co.-
Courts
140,620
$2,844,572
income.!!,
Net
& Co.
Divs.
for
applic.
nority
Net
Cash
100,000
J.;'.Mr Dain &
194,270
$1,023,212
tax
excess
r
350,000
—
Cook
other
income
Fed
Securities
Newhard,
210,000
$2,282,583
134,494?
$952,424
150,000
—
Income
3,204,536
713,675- •..1,820,881
$1,162,424
notes
on
644,684
charges—
inc.
Net
$5,487,119
Prov. for Federal normal
700,000
& Co.
Interest
and Nov.
V
and
Murch
H.
Nashville
300,000
Burr,
&
Ross
Co
&
600,000
iiany
Int.,
$2,782,197
.—
chgs.!
int.
bef.
Income
1941
1942
>
$1,542,616' ' $4,524,834
716,449
x
■
oper—
income
Gross
250,000
—
Moseley & Co.—
Maynard
700,000
(Inc.)—
Clark, Dodge & Co
;
S.
Mullaney,
350,000
Co., Incorporated-,,.Central Republic Com-
——
Lynch
150,000
and
from
Other income credits
350,000
Mitchum; Tully & Co.
Moore, Leonard &
Butcher
expenses
inc.
■i;vl
200,000
100,000
—
$1,668,973
oper...
■
conversionassets—,
Non-op. inc. misc. (net)
tracts
t
Louis
500,000
Brush, Slocumb & Co.
Burns, Potter & Co.,
:
Operating
1,000,000
Sons.*
Brown
from
•!
paymehts of 50 cents each were made on that issue on
Pierce,-
Beane
&
Merrill, Turben & Co._
100,000
Loughridge & Co.
Alex.
Lynch,
Fenner
100,000
inc.
1943'
1944
•
'
I
4,443,900
$7,420,146
income
operating
of' fixed
-V
6 Mos. End. June 30—
'
Gross
______
Merrill
1,500,000
Inc
Boettcher and
Net
payable Oct.
(inciU(jing wholly owned Finance Subsidiaries)
100,000
Securities
Mellon
500,000
Inc.*.
5,019,870
5,060,579
amortization
52,421,323
Associates Investment Co.—Earnings—
400,000
ridge & Co
v.
1,256,948
4,641,859'
...
& other
retire.
Deprec.,
;
37,647,819
ixl
^
_u—J
McCourtney-Brecken-?.
Co.,
—
1,019,273
•
stock—• 53,299,600
uf!-—:!'-
stock
.
Becker
G.
A.~
878,698
lieu
150,000
CoJ__
1,575,467
abandonment
and.
•
lease .amort."
Depletion,
200,000
300,000
E.
A,
1,646,883
660,000
-surplus—__'_—!
Total
-V.
;:f V
150,000
1,317,080
misc.
&
6,035,699
400,000
200,000
1,488,303
510,621
2,289,971
1,118,714
.
Earned
1.500,000
332,188
res.
Intangible devel. costs—
2,639,000
compen§ation insur.
Ccmpiori stock___:!_!:_!!_
Capital and paid-in surplus..
t,.'
'
Harden
;.
consof.!—
in subs,
prior
I'/f., cumulative.preferred
Marks &
M.
Laurence
250,000
Baker, Watts & Co.
Baker, Weeks &
i
Mackubin, Legg & CoJ
400,000
& Co.
Loeb,
45,345,541
T__—.
—
convertible
cumulative
$6
1,500,000
M.
Rhoades & Co.^l:
150,000
,/Redpath
500,000
1,500,000
Carl
workmen's
equity
Deferred income——
1,200,000
Co._
Brothers-—
Lehman-
150,000
&
Freres
Higginson Corp.—
Lee
Emerich & Co.,
Auchincloss, Parker &
200,000
Langley & Co.r.
Lazard
700,000
taxes
one year—
for New York State
Reserve
4,763,477
250,000
511,770
contingencies
Insurance
of int. and sinking fund on 7 7© debs!
6,900,000
.contingencies—!!—_!__!___!_____!__„T__ ,! 4,000,000
Minority stockholders'
3,053,851
1,000,000
599,337
for payment
Reserves- for
&
Laird, Bissell
i; Meeds
taxes!.—
foreign income
ana
4,508,076
addl.
for
&
taxes
6,498,333
4
within
54 407,481
18,727,782
—
and social security
debt payable
Reserves
Amount
Name—
$3,500,000
-
78,011,728
'Taxes
Reserve
v
.
77,614,907
1,500,000
exps.
poss.
109,317,376
7,845,470
& gen.
oper
Involuntary
!
„
——!_—.
Dividend on $6 prior, preferred stock—l
Reserve for, replacement of basic "last-in first-out" inven—
Funded "debt—!—__!
.
Name—•
Fed.
foi* general
Funded
Underwriters—The names of the principal underwriters of the series
E bonds, and the .principal amount of series E bonds which each has
agreed to purchase, are as follows:
>
;,
Kuhn, Loeb & Co.—
.:
?
$29,637,078
-payablei—i
Reserve
is
.V
V
■ ■•.
Accrued,,liabilities.^—!__
?:
1956./,. >
4,587,7'48
1941
1942
1943
'
$73,780,947
Costs,
__$397,521,430
Accounts
,33,715 shs.
..
charges!—
•
payable.!—p——!i
Notes
532,996 shs.
A
—
$5)—!_!_:.—!
(par
Bros.
by
'
572,313 shs.
par)
132,275,928
(& Subs.)—Earnings—
1944
operating income_$135,519,630 $93,144,195 $85,734,516
Gross
" 3,912,885
(est.)--————
'
Liabilities—
(subordinated),
1978—35,000,000
1,
conv.
credit
post-war
tax
••(net)'!---"--*—'
Total
10,000,000
debs,
inc.
cum.
Deferred
:
$65,000,000
profits
excess
Fixed assets
First mtge. 20-year 3 lA 7o
sinking fund
f
bonds,series E, due Sept. 1, • 1964! J- $65,000,000
Serial prom: notes, 2(4 %, mat. $500,000
/-)' semi-ann. commenc. Mar. 1, 1945—
;!'•>" 288,454
12,267,970
Funds deposited .with'trustees of first mortgage bonds
Investments—__
1
.
Funded Debt and Capitalization (Giving Effect to Present Financing)
Funded Debt—
6 Mos. End. June 30—
•
exist.
ceased to
items .
i_!
$17,965,418
U. S. War" Sayings bonds on hand for purpose of employes'
purchase plan >"4 net.)—-'-.i
__•
•
.«{!_».
31,308
Notes and accounts receivable (net)j
70,050,554
Other
and
assets
Atlantic Refining Co.
1944
Sheet, June 3,
Balance
..>.iu»,va.<,.•••
Cash. and .cash.,
Merger of Armour and Co. of Del. into the Company—On Sept; 24,
V,
-i,Consolidated
Assets—
..
1075
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4315
account of the flucta-
r
The
has been established for its employees by this
company, manufacturers of folding box board and folding cartons, of
Ilchester, Md., through the adoption of a group insurance program,
E.
H. Lupton,
President, announces.
The
group
plan is being underwritten by the Metropolitan Life
Insurance on a basis
whereby the entire cost is borne by the em¬
security
ployer,—V.
155,
feet,
6.8'/o.
of
Co.—Earnings—
1,526,970,000
1,335,497,000
1,358,757,000
1,185,410,030
1,215,393,000
1,070,793,000
1,051,833,000
960,012,000
999,749,000
961,768,000
1,031,798,000
—
—
May
June
July
Manufacturing
—V.
160,
August
16,920,587
2.052,900
17.463,949
1.725,000
costs
Fed.vtaxes, iesB. post-war refund--—?
profit
————. ——————« - - Earns, per common share——
Est.
»u.aa
Assets—
;
banks, on
in
securities..
Accounts, notes and trade accept, receivable™
Misc. accounts & notes receivable
Inventories
:
Invest, in & advances to affiliated companies—
Deferred
charges
145,000 shares.—V. 160, p.
'43
1,556,195
8,750
liabilities
current
6,251
200,000
1,548,119'
1,341,092
2,048,692
1,341,032
2,022,920
17,928
.:—
contingencies.:
stock (467,900 shs. no par)
for
Common
Capital surplus
Earned surplus
:
•
1,172,150
from
approval
the
and
President
the
of
$2,415,207
oper.__
$5,543,445
$4,888,005
$2,064,726
f
'.
has
t
A
117,146
79,220
69,457;
178,793
$2,335,987
$1,995,270
$4,709,212
$5,426,298
charges )—
22,718
33,442
44,411
71,234
before taxes
$2,358,706
$2,028,712
$4,753,623
$5,497,532
,
978.
P.
'
678,500
3,808,000
Cr139,600
Cr307,500
Cr376,600
—
$595,606
$521,312
$1,260,123
$2.00
$1.75
$4.24
production
become
$570,521
:
$0.85
$548,615
$1,344,136
$2.01
$1,283,826
$0.82
$1.92
and
excess
in
$3,075,G71
1944
profits taxes for the six months'
and $2,360,864 in 1943.—V. 159,
be
all
1
;
t
1944
.
.
for
share and
$543,656
,$3.49
$529,383
share
and
of
Federal
income
stock.—V.
common
$3.39
:
—
charges
130.000 shares
and
160,
profits
excess
stock,
common
•'''
•
**•••'
v
•
■
$2,
par
'
.
■'
■
•f.
<!»f; t
*'
fi
'
-
>.
•'
-
■
and
to
Black & Decker Manufacturing Co. (& Subs.)—Earns.
Net
995,616
389,263
$2.55
'
share
per
♦After
Bliss &
,
j
etc.—
Laughlin, Inc.—Earnings—
profit
1943
$275,907
::
stk.
com.
1942i 't 'V*
1944
$354,939
outst.
$304,832
•
$417,934
stock.,
262,757^^62^57. -; 262^757
262,757
Earns, per share
1941
;•$1.02
'
$1.31
,
"$1.12
Sept.
including
profits taxes.—V. 159, p. 1755.
estimated
charges
Federal
and
\
>'
'
■
•>•'>y.ni
„
shares
preferred
would
The
1944,
•
.
,
•
plant
profit
•'
sales—
on
Operating profit
—
————„
Deprec.
and depletion
Fed.
foreign'inc.
&
taxes, etc. __1_
•
:
♦Net
Class
A
profit
—
&
'
♦Includes foreign
of
p.
$50,165
in
are
'
•
5V4 %
200,000
Borden
~
./
>'
$2.38
$1.43
$2.24
•.
^
°
(Including Its Domestic
&
Federal
Provision
profit
taxes,
for
1944
charges,
contingencies—,.—
Consolidated
Outstand.
after
but before reserve
-
net
shares
Earnings
per
—V.
of
income—
common
;
.
1943
.
.
1,500,000
•
J
1942
,
1,500,000
$4,325,000
stock-
r
;
$3,791,275
4,350,154
4,417,958'
share—
$1.01
•
$0.87
Weld
White.
C.
A.
Allyn
M.
Net prof, after all chgs.
Revenue
—V.
$65,440-
1,418,884
passengers
'
1944—6 Mos.—1943
$36,654
$109,678
$68,459
1,373,931
2,781,176
2,754,594
159, p. 1755.
6 Mos. Ended June 30—
—V;
income
—
Cruttenden
4,000
160, p. 979.
1944
1943
$425,192
rate not
(no
27,
$7,488,746
1,872,186
183,194
105,938
stock
4,500
2,000
Kuhn.'Lpeb &
Comparative
7%
purpose
46,193
were
46,992
410,942
2,250,000
1,656,808
300,000
If—
of prior
designated S5
shares* then
preferred
cumulative
the shares now offered for cash.
prior
pre¬
tUpon delivery
shares/ funds sufficient to redeem all outstanding
preferred stock will be deposited in trust for
each
upon
share
of
cumulative prior preferred
cumulative preferred stock.
Company is
basis of
the
7%
two
$5
.
.
and
Business—Company was incorporated in
; Before, conversion
to war work the
1912.
principally
automobiles,
in
the manufacture
trucks
and
truck
and
sale
trailers,
of
and
Pennsylvania
company
bodies
was
and
parts
diversified
steel
products in the automobile industry,, including chassis frames, fenders,
hoods, doors, and- a variety of steel stampings; in the manufacture
sale
nf
Statement
/ '
Calendar Years
1942
$
$
1941
:,
71,000,686 116,626,645
sales
26,470
income
div.
&
-
*
s
,16,770
J?
1
6,585
E4.21G.701
90,332
'
14,651
22,987
2,154
•,
96,339
15,269
7,229
income-
income
Miscellaneous
106,289.828
Totai
Cost
71,036,539 116,681,671 106,392,752'
of
&
213,407
charges
debt
disct.
»
2,603.142
466,779
542,694
2,071,443
391,122
&
/_
Miscellaneous
7,930
28,598
50,295
22,544
*
20,044
170,000
150,103
2.171,172.
6,230,996
10,789,137
11,077,029
199,000
400,000
151,000
15,435
charges-
on.
invests,
Gross
&
adv.
income
Loss
72,178,500
3,602,494
1,993,627
expenses-
gen.
Interest
84,321,684
91,969,489
62,570,535 101,624,663
products sold—
/
income
tax
Federal
Fed,
Prov.
income
Net
725,000
734,000
1.0B8.000
7,056,000
7,470,000
5,085,000
168 333
336,667
" 336,667
1,186,663
2,271,470
2,385,362
operation/
profit
117,000
400,000
tax_
excess profits taxto return plant to
peace-time
7.471,468
4,277,000
-
;
1,181,468
and
registering and continuing to offer to the presently outstanding shares
7c/o cumulative preferred stock upon the same basis, 35,868 shares
of $5 cumulative preferred shares.
•
! *
■
the
Cq——6^000
1943
June 30, '44
$
State
of
and
5,000
Inc.
299,500
(shares)
cumulative
stock
22,
get,
Income
4,500
1,000
Webster and Bloa-
6 Mos. End,
.
Inc.
Deane & Scribner_
75,000
shares
60,000
1944,
preferred
July
—1,000
Co
Stone
H.
3,000
—
Rollins & Sons,
4,000
,
Amort,: of
'12,398
;v,
(shares)
(shares)-
common
unissued
and
shares, being
History
&
E.
Singer.
expense
designated
par)
purchase
July
for
Riter
6,000
—
Rhoades &
—
3,000
McCormick & Co.
^
,
Loeb,
4,000
Co
&
M.
Co.
Eastman, Dillon & Co
Kebbon,
($100 per share)—
div.
stock
preferred
for
$319,353
(shares)—
&
engaged
Net
^
119,062
(shares)
on
Braniff Airways, Inc.- -Earnings—
designated
(shares)
shares
Boston Worcester & New York Street Ry.-—Earns.—
1944—3 Mos.—1943
Outstand'g
all steps necessary to call for redemption such out¬
cumulative
preferred stock will be taken.
JA11 $5 cumulative prior preferred
shares presently outstanding were-issued in exchange for 7% cumulative
$0.77
Shares
Lazard F-reres & Co
Carl
Inc.
Byllesby & Co.,
standing shares and to retire and cancel all shares of 7%
■;
Period End. June 30—
rate not
cumulative
that
4,377,304
ade¬
them, respectively, are as follows: j /
Inc.—
Becker & Co..
G.
Adm.
cumulative
shares of
that
considers
6,000
Incorporated
A.
Interest
2,080,000
'
1925—7%
prior
f-vS
physical
by
j.
1923—7%
to
management
the
6,000
& Co
and Company
-
by the company to. the underwriters of 60,000 shares of $5 cumulative
$3,378,186
-
1948—.
1.
of
ferred
i
1,000,000
p. 427.
160.
.
Authorized
(guaranteed
1948
Series
authorized
$5,291,275 >$4,378,186
$5,825,000
1.
Series of
♦On
Subsidiaries)
> ■
:
v
'
as of June 30, 1944
Series
<
:• :
and Canadian
div.
stock
Preferred
'•
Options
6 Months Ended June 30—
Consolidated
listed.
so
$8,320,000
Common
»'
March
due
notes due March
Series
$1.36
Co.—Earnings—
••
be
preferred shares (no par)—
cumul, prior pfd. shares (shares)
5
,
:
It is expected
Shares
Net
Prior
profits subject to exchange restrictions in amount
$45,307 in 1943 and $51,513 in 1942.—V.' 159,
./'.'
will
RFC)
$485,320
94,583 *>' 94,583
1944;
;■
shares
notes
what
provided
has
severally underwritten by
Royalty
4%
|v."
for the estimated net cost of plant rehabilitation.
Ladenburg, Thalmann & Co.
,
•^V'VCapitalization
428,816
•
:*.
accomplished.
the New York
on
additional
Y
200,000
$2.34
$1.41*
1755.
listed
be
can
Underwriting—The names of the several underwriters of the 60,000
of $5
cumulative prior preferred shares and the number of
outstanding $5 cumulative prior preferred shares
and Philadelphia Stock Exchanges and the
Listing—Presently
1942
.
$1,442,613
940,044
' 1 25,908
$510,881
-
200,000
class A share—
-•
-;•
•
shares
prior
.
94,583—
Earnings per class B share—
1
520,778
-
$503,908
—
shares
per
1943
$1,519,042
1,055,768
24,109
350,792
.____
Class B shares—
Earns,
1944
v
$1,339,232
880,519
25,819
profits
exc.
__
V
'<t <yr
v
rapidly.
increase
.
6 Mos. End. June 30—
Gross
'■
.
the
of
company
shares
j
will be $207.71.
1930.
,
accelerated rapidly because no rehabilitation
oe
'
quate reserves
H.
j
other
license
shipments can start between 60 and 90 days after receipt of govern¬
mental permission to manufacture, and that the volume of shipments
cumu¬
are
to
the business would not be adversely
the war in that the company could
products for civilian use and such
of
of
such
y\; .s..v'-iwisv
rehabilitation
primarily for the redemption
•
(& Subs.)—Earnings—,.
l,
,
inventions
Shipments on the other business can be started as soon as
v"'
"
such time as the company shall
Company also plans to
within the scope of its
ar
manufacture.
new
regards the company as in a favorable position
Approximately 7,/a% of the current war-time
is in the manufacture of automotive bodies
manufacture
to
i.
Issue—Proceeds of the sale of the 60,000 shares qf .85
preferred shares now offered for cash will be used
of outstanding
cumulative preferred
stock, with accrued dividends thereon, on Oct. 15.
The redemption
price on that date. $110 plus accumulated dividends from Nov. 1,
excess
'
Bon Ami Co.
prior
.v•
cars
of
This percentage
the termination
by
involved.
Is
Purpose of
$1.56
ihcbhxe
-fr .-ini
cumulative
,v
.
cumulative
all
♦After
$5
bodies and
already been made
filling of. .such . demands
have
company
business is expected to
:
.
,
,
6 Mos. End. June 30—
of
and excess profits taxes,
depreciation, Federal income
160, p. 826.
Shs.
887,837
38y,263
$2.28
1,080,760
389,263
$2.74
■■
.
the
on
irom
in'"it1 new plant at
rental from Defense
1946, which term may
operations.
parts.
affected
and payable quarterly on March 1, etc., at
$100 per share as a whole or in part by lot, plus dividends.
Shares
not
subject under present law to four mills Pennsylvania County
personal property tax.
All
presently
outstanding $5
cumulative
prior preferred
shares
(83,194) were issued in exchange for 1% cumulative preferred stock
on
the basis of two $5 cumulative prior preferred shares for each
share of 1%
cumulative preferred stock.
In addition to the 60,000
shares-now being offered for cash by the underwriters, the company
is registering and is continuing to offer on the same exchange basis
above mentioned, 35,868 shares of $5 cumulative prior preferred shares
to holders of the unexchanged balance of the 7'/o cumulative preferred
1,233,062
384,704
$3.20
♦Net profit ——
of stock (no par).
♦Net
lative
1941
1942
$8,476,394
Shs.
V.
'
1943
$16,737,992 $14,351,109 $11,115,565
sales
Earns,
!
1944
9 Mos. End. June 30—
1,
secure
the
of
continue
60,000 shares of $5 cumulative prior preferred
stock (no par) at $67,375 jper share. The issue - has. been
Dividends
June
automobile
their
development
The. management
business
■'
:oversubscribed,
for
undertake
to
the
for post-war
taxe®,
offered
• <
company
materials.
war
,
827.
p.
burg, Thalmann & Co. and White, Weld & Co. on Sept. 6
both payable Sept. 15 to holders of
record Sept. 5.
Like amounts were paid on March 15 and June 15,
this year.
In 1943, no extras were;disbwsed.~-V.. 160, p. 619.
">/
the
nominal
a
patents and patent rights, and
manufacturers at home and abroad to use /them,
Offered—A group of investment firms headed by Laden-
Aug. 31 declared an extra dividend pf 2Vz cents
the regular quarterly dividend of 2¥2 cents per share
directors on
.The
on
for
arrangements
railway passenger
able
,
per
of
and part is carried on
rented
term expiring
for a
demand
large
a
activities,
1943
.
; *,v'
\\ •*.;*v'*"
^
(Edward G.) Budd Manufacturing Co.—Preferred Stock
Cents— ;>
Bishop Oil Co.—Extra Distribution Of
production
anticipates that after the conclusion
Tentative
continue
;
♦After
and',the
discontinued
large-scale
the
cf railway
trailers for
truck
and
automobiles
been
of the war there
railway passenger
and are in
process of being made for
the
for. civilian
and
commercial uses.
Company intends, therefore, after the con¬
clusion of the war, immediately-to reenter the automobile body and
railway passenger car fields from which it has been diverted for the
time being by reason of its complete devotion to war work.
It also
contemplates being active in the manufacture of other products: for
which .the '.'Hi-Tensile" art is or shall prove to be particularly well
adapted.
Company further hopes to develop a substantial .export
business in railway passenger cars and other products.
Prospective
customers in South America have indicated
that they will place firm
1944—6 Mos.—1943
1944—3 Mos.—1943
-
share.
Years Ended Jund 30—
tOn
in
for
has
use
Philadelphia,
company
become
/
bodies
Post-War Business Plans
charges and Federal income and excess profits taxes.
profit
tEarnings per
of
engaged
Corporation
The
(E. L.) Bruce Co.—Earnings—
♦Net
in
the national
which the
the company has an option to purchase the plant at cost less-specified
depreciation or at a price to be negotiated.
1967.
p.
sales
net
to
relatively
Philadelphia and Detroit,
will
com.
totaled
to
$4.67
Note—Federal'income
periods
of
the extent
ol
Government
orders
♦Alter
the
on the
increase
indirectly
company
a
$1,387,632
share
profit
per
the
or
to estimate
be extended
by Defense Plant Corporation to June 1, 1949.
Under
certain
conditions, either party may terminate and Defense Plant
Corporation may cancel the lease prior to the expiration of the term
or
any extension thereof.
In the event of the expiration, termination
or
cancellation of the lease (except cancellation because of the viola¬
tion by the company of any contracts for the manufacture cf aircraft),
(Including Canada but excluding other foreign subsidiaries)
Earns,
the
to
course
and
cars
than
Bustleton,
exc.
Period End. June 30—
♦Net
extent,
directly
made
part of this work is carried on in the plants owned by the company
at
Bristol-Myers Co.—Earnings—
of
•
726,000
3,075,000
tax
of
per com.
that
either
have increased the demand for the company's
products.
ol
limited
ordinary
cars./'
Sept. 5 announced the appointment of Hiram S.
industrial relations, a newly-created post.
Mr.
Hall comes to Bigelow from the Ranger Aircraft Engines Division of
Fairchild Engine & Aircraft Corp., where he held a similar position.—
160,
251,000
1,396,000
prof,
exc.
profit
Net
Earns,
"f/
director
360,000
1,559,000
taxes
inc.
Wis.
for
to
past several years the business of the company in the
has been confined to the United States Navy Department
business
been
Plant
-t-V. 159, p. 2189.
The company on
as
and
Prov.
least
at
attributed
Since
oper.
(less mis¬
income
Net prof,
Fed
Bigelow-Sanford Carpet Co., Inc.—Industrial Relations
Director—
for
shipyards doing naval work.
Prior to the national emer¬
activity in the aviation field was mainly limited to licensing
the
other
depreciation
cellaneous
Inc.—Options Approved—
and purchases are to be made at the market price
day the'option'is gfanted.r—V. 160, p. 826^
fu
i
* V.
approximately
approximately
for
accounted
the
passenger
1944—12 Mas,—1943
Cr155,900
of
recommendation
the
business
of
in its major departments has in the
small number of customers, so that
business the volume of business with each
was
great, with the result that sales were frequently effected under
single contracts cif considerable magnitude.
For example, in the year
1940 the company made sales under a number of contracts in the
sum
of approximately $22,750,000, or about 42.7%
of the company's
total sales, to two leading manufacturers of automobiles, and in the
sum of approximately $3,125,000,
or about 5,8%
of total sales, to two
of
its railway car customers.
<«-.'•
1944—6 Mos.—1943
profit from
Other
Corp.—New General Manager—
directors,
company)*-accounted
car
such sales, and its sales of naval and
stainless steel products for diversified pur¬
No attempt is
field
The
past
942,990
.....
amortization
and
announced that stockholders
on
Aug, .29 had approved .proposals extending the common
stock
purchase option of J. S. Sayre, President, from March 1, 1945, to
March 1, 1948, and setting aside 50,000 shares of common for optional
purchase by key executives.
Options for the executives are granted
V.
$302,600
1347.
for
Treasurer, on Aug. 30
Reuscher,
J.
for
foreign companies using the company's patents.
$4,098,595
3,178,602
—_—
p.
Post-war refund
Bendix Home Appliances,
Hall
$4,084,903
2,953,200
—
94*2,990
$0.61
$0.73
fIncludes provision for renegotiation and after de¬
post-war refund in 1944 and $327,650 in 1943.—
share
common
profit
Net
,
of the Eclipse
Mr. McGrath will
Vice-President and a director.—V. 160,' p. 978.'
continue as
1938.
accounted
private
gency,
1943
1944
,
tax
shares—--
of common
per
Prov.
succeeding William L. McGrath.
Division,
the
other
peace-time
During
and
..
—.i—S'634,103.h:'-''
profit
159i
Net
Tinkham has been appointed General Manager
W.
for
sales
supplied to the automobile
semi-trailers)
national emergency may
Briggs & Stratton Corp.—Earnings—
given in V, 160, p. 978.
Machine
for
Railway
and
be
may
marine
..
497,600
etc
profits
tax,
excess
Period End. June 30—
■
-■
1940
———————
Bendix Aviation
agent
sales.
and,
company
normal
for future contingencies
ducting
V.
$6,867,421 $7,089,839
♦Less United States Treasury tax savings certificates and accrued
interest, June 30, 1944, $1,103,710; Dec, 31, 1943, $1,203,820.
Note—The earnings for the six months ended June 30, 1944 and 1943
Total
&
»After charges,
145,089
140,070
123,614
7,447
18,788
5,693
200,000
1,548,119
bonds—'——
for employees war
Miscellaneous
Reserve
Net
Earns,
$1,000,000
537,007
170,662
33,022
91,594
income
Number
$7,089,839
$1,000,000
410,060
payable—banks and bankers..—_—
payable—trade —
—
wages, etc...————-——
^Accrued Fed. income and excess profits taxes
Taxes accrued and withheld—other.—,—•
'
Accounts receivable—credit balances..—
Accounts
and
V;"'-/ ■'
its
in
..-..,1
■■
sales
such
of
emergency.
115.
'
Federal
before
Reserve
//.'
Accrued expenses,
Withheld
♦Profit
tFederal
677,133
181,195
$6,867,421
Notes
on
$4.38
6 Mos. Ended June 30
239,594
Liabilities—
W.
1942
1943
$525,014
$3.62
1944
$635,584
-
(Excluding Unconsolidated Subsidiary) ■'
coS'?™
1
(—————.
Total
the net
double
company
trailers
,
accounted lor approximately 2%, cf such sales.
A large part'
remaining sales were parts for army vehicles.
Of the total net
sales in
1940 approximately 15%
(in terms of dollars) constituted
sales of products other than the normal peace-time products of the
Bridgeport Brass Co.—Earnings—
2,358,652
———————•—
than
more
processing
greater than
507*
than
more
70'/*
airplane parts
$417,572
$2.88
and Federal income and excess profits taxes, ton
♦After
1,519,131
3,945
—658,460
188,563
reserve—
charges
Goodwill
T.
36—
—
1,298,401
3,934
were
truck
12%- (more than $6,000,000)
comparable.—V. 160, p. 619.
♦Net profit
tEarnings per common share.:
————
———
—
Fixed assets, less
were
exclusive
2%
^6,8
%
and
products of the
than
were
of the company's gross sales; its truck trailers
(manufactured under an agreement with Freuhauf
which provided for the purchase of this product by it as
Co.
1.8
4.0
Government
S.
Other assets
■
Trailer
+
—
i
$53,270,385
semi-trailers
and
Brewing Corp. of America—Earnings—
9 Mos. End. June
comparative Balance
U.
1940
(other
of
poses
BeldingHeminway Co^-Balance Sheet-
Cash
1939,
year
of
.
Sheet
June 30, '44 Dec. 31,
hand and in transit—r
year
the
approximately
2.5
—
sales
the
industry
567,223
723.
p.
'
—-
♦Revised to make figure
•
411 202
Net
——
net
1940
in
—
:
doors, hatches and manholes for naval
products of stainless steel construction,
masts,
miscellaneous
of
In
—1.7
—
March
1,653,787,000
♦1,492,823,000
1,622,025,000
1,542,646,000
—
—
April
Bausch & Lomb Optical
1,561.456,000
—
—
February
In
1.9
+ 3.3
+ 2.3
—
January
and
such as aircraft parts and equipment for the food and other
industries.
..: /■•
']'■:% Change
1943
1944
913.
p.
compared
as
decrease
stacks,
including
vessels,
1944, of 961,768,000 cubic
with 1,031,798,000 cubic feet for August, 1943. a
Output (in cubic feet) compares as follows:
output for August,
reports
company
use.
Gas Co.—Output Off 6.8%—
Boston Consolidated
Insurance Program-
Bartgis Brothers Co.—Group
Three-way
Monday, September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
•
1076
liebtweiaht
manufacture
and
stainless, steel
sale
of
a
railwav
variety
of
passenger
other
cars;
and
in
products for marine
Balance
_
Assets—Demand
ment
of Federal
ernment
bank deposits and
on
cost
cash
on
hand, $7,061,531; U. S.
deposited with trustee for pay¬
receivable from U. S. Gov¬
and cost-plus-fixed-fee contracts, $9,110,115; accounts
certificates
Treasury
Sheet, June 30, 1944
of indebtedness,
income
taxes,
$2,000,000;
trade (including $1,512,534 from the U. S. Government.:
reserve), $9,539,583; accounts receivable, miscellaneous,
$25,580; inventories. $13,563,738; tools, dies and jigs, finished or in
process, at cost less
amortization (including $135,887 chargeable to
customers), ,$431,945; shares of Edward G. Budd Building ana "Loan
Association, $397,942; special deposits and miscellaneous investments,
etc.. at cost less reserve, $169,981; post-war refund of Federal excess
profits. tax
(estimated), $597,000; land, buildings, machinery and
e^uinment.
at cost (le^s reserves for .depreciation, of $19,477,698).
$12,575,456; defense facilities being amortized over five years, at cost
reqeivable.
less
(less
$45,000
$2,548,465
amortization), $3,130,697;
patents, patent rights, $1;
<
Volume
products, $1;
>10 Days Ended Aug. 31—
Traffic
>
\
—V.
f
~
>"
•
attached,
York,
exceed
to
.
Burnett Central Building;
■
railway—
from
Net
Net
,
1.618,976
606,464
20,575
1.758,235
646,517
333,365
372,738
——
30,528
railway.__
from
Net
ry.
railway
from
I
income
oper.
—^V. 160,. p.
—
-
r.
f
,
*
o/
j
74,610
The
25,586
increase
>
44,167.
,11
*
_
(Excluding
Bush House,
after
•
;
«•
|
of
1941,
1n
2189.
p.
1941
$163,850
than
the
prior
shares
18
nor
be
be
t
>
1942
$181,977
32,000
"423,500
"377,000
taxes
Federal income
for
Provision
Federal taxes
•Net
—i-V-. $161,653
$129,421' $149,977
common share
__
:$0.27
$0.21
$0.25
provisions for contingencies.; tOn 518,460 shares of com¬
-profit
tEarnings per
Net
•InclMes
160, p; 620.
!7
6 Months
ji——Li
'
for
available
Balance
$561,443
' 203,184
,
"
1348.
159, p.
.
and
> .$0.37''"
Earnifijg$ jpejr com.
$122,244 in
amounted to
30
since
$1,367,378
ago.
Midyear
below the June 30,
M.j
-l
Period. End. June 30
income after chgs,:
;
gain of
Net
profit' after
$0.24
share
profits tax credit.—V.
♦Includes post-war excess
jjS*'"*"
1}
'
1
/'
V
V
j
Est.
net
taxes
,.
>
share;.
*After provision for
.„
,
>1942
July—
£
Gross
Net
Frorii
43,225
65,305
1,108,099
485,038
"
railway——'
"
1,069,218
290,005
income—
80,951
■
■
»
1
■■■
■■■'■■
■■■
Plans for construction
371,877 ~
,
1,235,479
1,023,287
579,061
392,927
220,246 * v 436,645 £ 490,059
;
£ "
in
mission
would
iBottds^-'
Redeeming
Cahners Ltd.
Halifax;
Canada.—V.
,
Vancouver,
160r p. 979/,
.32,000,000
y
to
Sept.
record Sept.
holders of
J'
on
7
-i1 ■.
5
'
"v-
r
•S'.'i.
"& ..:
V' 'i
ik-i
vV:'( f y•;
..i
' |.;p
(V
for
Net
U
>V W.f
v.l'
; <• vi
•r .r'.'l Vt
'
.-"leg
-a.-i.-
••)?>:/-.f .,£> t.
,
1
,
■■'''•
nr.:v>•■'</
-
* ;
per
"Before
.
1944
and
?
;
i
!«'
£"
T4,357,918
20,522,376
23,125,425
7,283,958
7,335,571
10,927,272
14,320,837
569,784
647,539
940,278
1,231,360
273,661.
233,495
504,756 v
4,443
32,554
Gross
general:>
admin.;
'
Lit—
expenses
•
cess
!
15,385,460
16,303.377
i
.12,88(6,191
•
•
profits taxes)—_
to policyholders
Can. exchange
daily to
cubic feet of
.. ■
th.e>cabacjty,of; the
'2191. "
company's systepi.—V, 159, p.
>>;■
losses
for
of net
losses
losses
Insur,
just.
reneg.
;
>555,802
;
2,49.7,791
4,100,000
and/or
profitsC tax_.._
excess
$22,962,538
*- 4)167,197 '
3,283,117
,125.323
vXlU'iki.iivy* 'lM87l,693
svUUHM*>4—*-
$3,408,440
93,115
111,291
;
61.126
250,000
$873,301
$1,089,788
.1,150.176
1,150.000
shares
of Federal and State
deduction
$2,414,789 in
<
a
'•
t
•..
$0.42
;
,
; ;
in
4.,
0515,134
i
*
4
■
"*>' v\;<
3.423.047-
subs.
for
income
ity
V
purchase
def.
for
■-
:
610,771.
"8,872,961
5,623,888
115,016
958,874
Cr610,771.
01,056,260
384,658
378,890
for contingencies—
Res.
'
4,285,647
'
Net income from oper.
___
minor- '4
interests
9,168
4,098*
i
Net
Preferred
Common
Com.
credit
income
surplus
earned
to
.
—_>
3,040.959 '
dividends —:
259,118:
dividends"/L/; "2,301,841
outstanding : ' 1,841.473
stock
Earnings
share-—/"
pet
Consolidated
$1.51
Balance
Assets—Cash, $23,711,825;
inventories,
other
10,715
;
^••^•$,293;;4-
; .w •
f .
8,281,049:% 6,116,350
* 259,118 >>' 518,237
* 2,762,209
5,064,051
1,841.473
513,236
5,524,419
1,841.473
$3.04
'
Sheet,
June 30,
'
-I
'
6,847,ill
1,841.473
$1.64
£
$3.43
1944
accounts and notes receivable,
$83,557,505;
$5,667,146; investments, $41,309,115; fixed assets, $4,148,$907,822; deferred charges, $507,401; total, $159,-
assets,
808,907.
Liabilities—Accounts
due Sept. 30,
$16,847,974:
terests'
payable,
$32,375,926;
unsecured
notes,
2V4'/
1949, $30,000,000; contingent reserves, $3,918,493; reserves,
deferred incmoe and charges, $10,025,014; minority in¬
equity
in subsidiaries
(capital stocks and
surplus), $182,250;
<v'
•
■:.• i
vi;4. i
.*•••,>"
x-l. '■■■
.
excise taxes of $2,735,272
1943.—V. 159, p. 2516..
•
^
5,151,341
'
2,019,607
V
4,385,587
2,848,462
2,595,592
profits tax
—
Post war refund of ex-
1
•
4,100,000
•
Excess
■>
•
5,397,791
1
Net
1943
'r 2,564,531
10,708.225 j.; 7,669,226
1,081,532 ;2,043,215
4,639,266
756,014
'
>r 74,586
2,153,376
1,500,252
ad¬
chgs.*
37,498
;.
.
1,076,451
5,174,046
loss
&
expenses
discount
for
Res.
in exc.
(Cr)
&
Inter.
Res.
ox,
233,495
for
fluctuations
Power Com¬
he estimated
share_i.^j,—;V.r $0.62,
•
i
7,182,882
16,053,873
1,455,457
>
/ ', *';
contingencies.—200,000
common
Earnings
;<t-.V'v
5,092,813
10,025,635
49,724,660
(exceptiUa 8. and
Canadian inc. & ex¬
:-7.r/7
... -
. ..
,
.
profit
Number
12,460,310
75,071,663-
45,002,944
093;
.;>■/
.«
were
1
profit
•
V
'•'>
income
Provision
19,038,478
76,326,111
7,303,736
1,717,727
Res.
$26,949,641
■
..
:;>>> :>'r>
40,339,943
$149,674
——$4,354,890
Interest
■ t f 68.056
Loss on sale of property^—113,785
Federal income and excess profits taxes—-4/i/> 2,796.055
Minority interest ——„—''
87,206
_
14.—V. 159,'.p. 2076.
;•
\
Kansas
..T,1r:>
Total
Ltd.—Extra Distribution— ./■
declared an extra dividend of 25 cents
per share and the usual quarterly dividend of 25 cents per share on
the common stock, no par value, payable Sept. 30 to holders of record
Sept. 14.
Like amounts were paid on March 31 and June 30, last;
and in each quarter during 1943. '
*:>>.>-""'■/> » .v">>;••>•" •
; The regular quarterly dividend of $1.75 per share on the 17c cumu¬
lative participating preferred stock for the three months' period from
July 1,;'1944, to Sept. 30, 1944. was also declared, payable Sept. 30
The" directors
of $1,500,000
income
Other
Winnipeg, St. John or
.•
'
$
506,254,784'482,871,151
Taxes
Pipeline Planned— > : of new pipeline and other facil¬
announced on Aug. 29 by S. B.
sales, i—
•Gross
Operating
Canadian Celanese,
7
-■
^1'
761,307
sales _____
premiums,
etc.
Distrib.
"■■■
,
-1944—12 Mos.—1943
?
manu¬
on
price—mfg.
the remaining $2,275,000 outstanding convertible Yk 15-year
sinking'fund first mortgage bonds, series A, due May 1, 1951; have
been called for redemption as of Nov.
1, 1944, at 102 and interest.
Payment will be made in Canadian funds at the Bank of Montreal in
.Toropfo, ' Montrear," Hamilton,
$101,950
-Earnings—
City Ice & Fuel Co, (& Subs.)^>;.i -jijVt
1944
6 Months Ended June 30—:
,
^'A^pi
.
•
•
,
.
Subs.)- -Earnings—
$ I y$jl
prior
>
971,002
insur.
fees,
$2,275,000 ot
i
^
■
,
■7,245,671
profit
Sell.,
Co.—Calls 3 Vz % Bonds—
-..;
Eastern section »of. the
M Canadian
621...
1944—6 Mos.- -1943
•'
Sundry income,—
1941
application had been made to the Federal
for authority to proceed with the projects, which
add
,,
8,000,054
A
1942
the
said
He
and
Oklahoma
Presidenti
Irelan,
,
and Federal income
ifOn 181,440 shares
stock.—V. 160, p.
Cities Service Gas Co.—Gas
-
ities
'
Net £y. oper. income
—V.: 160. p. 532. : .
'
•
-
■
January 1—
from
from railway
Net
$143,213
44,613
49,297
1941
$159,932
67,680
75,934
$186,289
railwaj?—'
oper.
"
$148,623
>37,919
railway,—. .>
from
ry.
Gross
1944
'
jSTet from
1943
t 1941 ;
$1,344,095
t$6.27 £> t$6.48
taxes. . tOn the 178,048 shares
of common stock. §On 176,904
+$6.32
7,904,178
has
company
.
prem.,
facturing
called for redemption on Nov. l all of its first
mortgage 3V*f!<> bonds, series D, due May 1, 1971, at 106 and accrued
interest.
Payment will be made at the office of either J. P. Morgan &
Co.
Incorporated. 23 Wall St., N. Y. City, or Kuhn, Loeb & Co.,
52 William St., N. "Y. City.—V. 160, p. 980.
The
194*2 >
$1,272,030
$1,260,151
3,647,141
•
" 5" '
Cincinnati Union Terminal
$1.72
RR.—Earnings—
"
taxes
158,' p. ? 2465,;
with
725.
: '
9,245,605
40,366,843
Earn,
Co.—Earnings—
1944
1943
:1
' $41,369 •
$37,172
•
$650,652
"$523,707
$1.38
.
subs.___
Res.
renegotiation.—V. 159, p. 2299.
Cambria & Indiana
3 Mos. Ended June 30—
-i-V,
..
acquiretf. 259,902,373 230,507,598
receiy.
Gross
$357,152
$0.77
stock———
a share, as compared
half: of 1943.-—V. 160; p.
'"V ''.'
j:!.*
s , ,'r'\
f
Disc., serv. chgs. & com.
535,728
—
fi
t
£ . 1
for the common
r
Nonprofit after charges'1942
,1943
;
*$471,390
>;/>■ $1.24
—
—
Earnings per common
j
and
I
-
159, p. *1950.
and
1944
Ended June 30—
profit, after charges
6 Months
profit
$2.29
1943
1944
reinsurance
to
•;
V
\V- *-T' ry'\ \
stock.
common
Net sales—mfg.
—
.
>>,§$6.33
■r-
-
profits taxes
Chicago Railway Equipment
160. p. 219.
Co.—Earnings—
Jackson
Byron
V:
4
$1,050,458
$2.48
$855,213
$1.73
$272,260
$0.66
income and excess
,
$1,252,325
share.
Period End. June 30-
June JB, 1914
Earnings per share on;462,665 shares common
4^7.
taxes—'/
Federal
and
Earnings per com.
Net
for
•
Commercial Credit Co;
ended
in 1943.—V. 158,
i—
$3,591,591
charges—892,880
Bales
1944—12 M0S.—1943
1944—3 Mos.—1943
$162,060
for the six months
$9,162,727
$1.71
,
International Corp.—Earnings—
expenses
of
shares
Virginia—Earnings—
for 24 Weefcs Ended
Earnings
1943 amount.—V.
•Net
"After
of common
$1-82
>$1.76 £
,,$0.87
ii
.»
com.
per
Gross insur.
Chesapeake Corp. of
Subs.)—Earnings-
Byers Co. (&
Subs.)—Earns,
,
1944 and $124,908
•■-
income
Earns,
Gross
Provision
(A.
•Net
2464.
p.
inventories were $20,285,641,
160, p. 723.
year
a
-..
Federal Income taxes
for
Note—Provision
June
$0.41;
1,144.803 shares for 1944 and 1,122,303 shares for 1943.
At' June 30, 1944, net working capital was $26,538,430,
a
$40,083
taxes
.
,
$6,834,191
$7,282,869
$1.82
equal to $2.78
in the first
$11,118,966,
; were
Coca-Cola
1944—6 Mos.—1943
« j, „
; ,(
,$95,023 > $190,606
$197,632
;
$9,612,727
450,000
450,000 .^
$7,230,899
$1.81
Quarter End. June 30—
>
Corp, (&
* £,
<
>
450,000
$7,284,191
$7,732,869
$7,680,899.
$16,675,727
7,063,000
-
$2,532,212
; $3.63
: >"> /:
'
...
(
dividends-—1450,000
;•
^ 1943'
.
1942 .
' ' 1941 ;
$20,661,064 $24,345,145
7,677,270 > 6,084,508
7,451,224
201,615
203,365
218,194
-$16,180,899 $15,797,869 $14,371,191
taxes^^. , 8,500,000
8^065,000 v 7,087,000
$11,408,491, or $2.85 a share
1944—3 Mos.—1943
>'
'
profit after charges
"On
which were $850,000
1944
• -
$1,970 526
.
4,000,000 no par shares cf common stock'.v '
the six months ended June 30, 1944, earnings
For
stock
-
$2.57
share.i
-v'- >'
common
(net)_j
income
A
•On
•
.
9,166,443 (
,
Net. profit_v__£__Vu__--.
•
^
Checker Cab Manufacturing
$459,100
share-—$0.31
•Earnings per common
x
159, p. 2299.
iV
Co.—Earnings*-
,
Period Ended June 30—
Net
$662,284
203,284
;
$358,259
stock—
common
> $1.92
long-term obliga¬
• '
1944
' >' "T943
$25,347,342 $23,676,754
Surplus for common.
•Earnings per share—
$934,497
$1.64
income
$759,158
$682,180
$0.16
$0.63
$0.56
tax and surtax and excess profits
__—j—
Federal
1942
$798,376 £
!
125,652
?u+,rf
(& Subs.)—Earnings—
exp.)
& adm.
gen.
'Profit
6,696,280
7,322,817
—
payments—'--——.-—T—-_
dividend
: —V.
;___
''Brofit^ before*' preferred 'dividends!
preferred
*
Earnings per
$55,888,194 $57,750,895
2,184,443 2,662,284
1,448,000 , 1,750,000
adjustments.— '
175,000
250,000
-
-
Federal taxes
Provision for Federal taxes
Proy. fpr conting; .and post-war
Earnings before
*
1943,
$48,565,377 $51,054,615
r
alu———1----—
•
Year'Ended April 30—
•
*
Net income after charges and taxes
1944
Retails- (Scott-Burr Stores ) -—;
> Tot
;
Champion, Paper & Fibre
.
Wholesale
V
,
•>
Ended June 30—
:
income-per share—
$1.80
"After all charges including Federal taxes.—V.
Chicago—Earnings--{
Butler Brothers,
■
income
19431
'
omm. •';
$190,380
and interest on company's
shares,—V. 160, p. 621.
earnings
ClasS:
1944
$875,912
1
♦
.
interest
1,210,042
Other deductions
preferred
>£>/
Net
j
stoCk.—V.
mon'
July 3t-^
i—j:—i
'
normal
Federal
tOn
Sell.,
Chain Belt Co.—Earnings—
12 Months Ended
/
,
$0.29
Coca-Cola Co.
4
profit before
Net
1943 '
$552,921
1944 .
$538,653
(Quarter Ended June 30—
:
;
62,687 ;104,708
52.220
3 Mos. End. June 30—
assented, but
-
;
.
,,
ob-
share
per
minority
Gross
made to remaining
and a later offer would be
redeemed,
stockholders.—V> 160, p. 828. >
,
.
77';
^.$,872
141,517
52,587
53,079
_____
'
,
1,950,900
2,535,900
•:
:
$357,195
tions.
18,733 shares would
only the original
that
announced
who had
stockholders
preference
among
later
803,000
,
parent com-
•Before
.taxes;
previous
pro-rated
»»>
>/,
f--
.•
, ' 1944—6 Mos.—1943
$3,541,283 $2,935,604
>,■ ...
:,,> ••..;> •;
:
to City Stores
plic.
for
directors
>
1,200,700
Co.
stock at an exchange rate
14 shares,, plus $5 in cash.
preference
less than
,
mi-
to
pany's long-term
ligations
tEarnings
'
■
Aug. 31.
$260,000.
Consol. net profit ap¬
exchange offer,>41,486 preference shares were
exchange at the offered rate of 20 shares of common
for each preference share.
> v
>>>£'>.>'.;>>''' .,>
Announcement
was
made that the 374,000 shares available would
Bush Terminal Co^—Earnings—* ';
•
that
1944—3 Mos.—1943
$1,663,194
$1,108,654
&
tax
nority interests
company,
Under
bonds.—V. 159,
->
of
share
each
more
deposited
1942 and
1943;. $23,010 in
purchase of company's
♦
: -
on
*«
««
in
applic.
Interest on
V-
reported
dividend arrears, it was
inc.
__
Oct. 31 to act upon a proposal to
stock from 1,000,000 to 2,000,000
the additional stock would be used
on
common
announced
was
•»)
(& Subs.)—Earnings
surtax & excess prof.
taxes
(estimated)
.;
through an exchange offer which expired Aug. 22,
will redeem 18,733 shares of the prior preference stock, using 374,000
additional
common
shares which
were authorized
for this purpose.
'
$26,335
1944;
profit
.
1942
$364,888
not
The
$249,826
-
$242,453
,
$15,915 in
Includes
$61,707
deprep.,.
vtax,\etc.r-v.
inc.
fPed.
1943 '
1944
6 Mos. End. June 3<M^
•Profitv
It
meet
authorized
the
redeem
to
I
.
Co.^-Earnings—
Ltd., wholly owned subsidiary)
Bush Terminal Buildings
share and
will
stockholders
'
r
; > ;
profit
net
-Fed.' normal
August 30.
on
shares.
'
-
•
prior preferred
704,465
156,160
532.
1'
-
each
889,802
.
"Consol.
and $5 cash
exchange
of
an
a
Period End. July 31—
V'i,
Corp.—Has Redemption Plan—
for the redemption of its re¬
cumulative prior preference stock on
of» 6%
of eighteen shares of common
shares
48,640
basis
the
4
.
„
is to be renamed.
Possession was taken on
report the theatre property was bought for
persons,
160, p. 5.
City Stores Co.
was
is considering a plan
corporation
maining
for
January 1—
From
Net
The
7,463
37,988.
:
7,034
1,100
According to
—V.
Dempsey
W.
C.
Certain-teed Products
1941
$110,599
55,486
■
of
Dempsey
Mr.
.
Chairman
Fenner,
C.
election
;
Dowling,
.•Portion
1942
$203,780
oper: income—
ry.
Gross
,
of
in¬
Co.,
$159,287
1943
1944
of
President-
Scientific Co., Chicago—New
stock
President, reports that this company has acquired
„the Forrest Theatre at 230 West 49th St., New York, N. Y., sold about
a
month ago by Court order.
The theatre, with a seating capacity
Robert
$5.7,347
$5,808
_
17c
,
common
Acquires Theatre—
>>
1943
of the board, on Aug. 31 announced
as President and director of the com¬
formerly Vice-President and Treasurer of
the Liquid Carbonic Corp., Chicago, where he served for 23 years.
This
company
manufactures scientific instruments and laboratory
apparatus, chemicals and supplies.
Its office is located at 1700 W.
Irving Park, Chicago, 111,
RR.—Earnings—
$292,701
135,754
88,023
railway——
front;,
Gross
-V".
ifM
Juiy—
>
> $0.15
'
1944
—
Robert
pany.
I
'
Burlington-Rock Island
$0.16
'
p/ 511.
Central
151,. p.. 1427,.
Washington St., Chicago, Ill.—V.
trustee, 69 West
^
; 1944 ■1 1943
$59,039
$56,811
taxes
April 3C—
.
-r—V.. 156,
of Oct. 1, next, $2,800
sinking fund bonds due Oct. 1, 1945< at 100 and
Payment will be made at the Chicago Ti^le & Trust
>>>>>> !:}■: '>;
loss
Net
•
the
moid gage
terest.
Cqrp.-^rEarnings-r,
" '
Airport, Inc.—Earnings-
Central
'J*;,
-
called for redemption as
been
have
There
•
2412.
Year Ended
111.-—Bonds
Inc., Evanston,
Called—
first
518.
p.
.
•.
-
157,
30—
after charges and
—V. 159, p.
1944.:
1943
-1942
Net profit after all chgs. & taxes—
}$103,545
-$320,303
$401,530
tEarnings per common share——'
: $0.32
$0.98
$1.23
>
•After $250,000 provision for wartime .contingencies but before re¬
negotiation.
tOn 324,786 shares.
jAftcr provision for renegotiation
,v
on,same basis as completed proceedings for 1942.—V. 159, p. 2076.
Quarter End. May 31—
trustee, 11 Broad
12 o'clock noon on Sept. 20, 1944,
sinking fund bonds
exhaust the sum of $31,546, at prices
Earnings per common share———————
Subs.)—Earnings—„
Buffalo Forge Go. (&
value
of the City of New York,
to
Centlivre Brewing
6 Months Ended June
Net income
:
and reclassification of. the present authorized and
non-cumulative preferred stock, and" the $100 par
into new 5 V2 'A cumulative preferred stock of a
par value of $100 per share and new common stock without par value
but of a stated value of $25 per share.
The new authorized stock will
-consist of 30.000 shares of the 5'/2%
cumulative preferred stock and
160,000 shares of common stock.
The plan provides that each share of the present outstanding 1'U
non-cumulative preferred stock will be reclassified into 1.3 shares of
new 5>2%
cumulative preferred stock and that eacli share of the pres¬
ent authorized and outstanding $100 par value commons-stock will be
reclassified into
.15 shares of
the new 5V2%
cumulative preferred
stock and two shares of the new common stock without ^par/rvalue. The
200 shares of the present TA
non-cumulative preferred stock held in
ithe treasury of the corporation will be eliminated.
...
.civ
Consummation of the plan will result In the issuance of the entire
r authorized
common stock of 160,000 shares
and 15,640 shares of the
5 V2 %
cumulative preferred stock.
The remaining authorized but un¬
issued 5Vs7c
cumulative preferred stock consisting of 14,360 shares
would be available for the purpose of providing new capital.
Another
result of the plan will be the creation of a capital surplus of $2,800,000.
Mr. Robert W. Dowling, President of the company, said that next
year will be the 40th anniversary of the founding of the company and
that in the opinion of the management the adoption of the plan as
recommended by the board of directors/will benefit the company and
.l»y.;the foundation for further sound development.;>>>
the change
outstanding
de¬
24,
attached at the City Bank Farmers
New York, N. Y. On and after the
debentures shall cease.—V. 160, p. 979.
interest.—V.
and
100
its
volving
Debentures—
to it of first mortgage
sufficient
amount
an
for the com¬
of raising new capital
means
a
which will be required for the post-war development of certain
properties, it is proposed to submit to the stockholders, at their
annual'meeting to be held on Sept. 27, a plan of recapitalization in¬
will until
Y.,
N.
receive bids for the sale
provide
to
pany,
of
maturing coupons
Chase National Bank
New
order
In
,
Corp.—Tenders of Bonds Sought—
Cassco
to
'•.l
Co., trustee, 22 William St.,
The
Preferred Stock—
City Investing Co.—To Create New
.
redeemed immediately upon presentation
1, 1944, and subsequent maturing coupons
after Oct. 1, 1944, with April 1, 1945, and
redemption date interest on the
not
V
be
Oct.
with
if presented
or
subsequent
Trust
St.,
-
10-year
will
debentures
surrender
all
;,
at 102 and interest.
These
and
:
.
*
,
1944 '"
1943' f
$10,389,000 $9,480,000
' ■ '''' ' '
'
4%7o convertible sinking fund
1, 1948, have been called for redemption on Oct.
outstanding
the
of
1944,
for the purpose of
work.—V.;160, p. 979.
/
'
bentures due Oct.
$5 cumula¬
redeeming the remaining 17c
preferred- shares outstanding, it is understood that the company plans
to sell $25,000,000
of first mortgage bonds.
If business and market
conditions continue favorable, it intends to call a special meeting of
'its stockholders for the purpose of authorizing the indebtedness.
Pro¬
ceeds from the first mortgage bonds wouM be used to retire outstand¬
ing funded debt, aggregating $9,274,348 as of Aug. 1, 1944, and to pro.vide additional working capital for the automobile body and railway
car business which
the management anticipates after the release of its
facilities from war
•
i.—
979.
p.,
r'1
*
Carrier Corp.—To Redeem
6 of 60,000 shares
the offering on Sept,
Coincident with
tive preferred stock
earnings
160,
All
5"-. Reported Planinng Sale of $25,000,000 Bonds—
(•''
Earnings—
Canadian Pacific Ry.—Traffic
•
other stainless steel,
$59,046,935.
-Liabilities—Accounts, payable, trade, $4,192,276; salaries and wages
accrued.
$877,470;
miscellaneous
taxes,
including taxes
withheld,
$1,653,512; sundry accrued liabilities, $366,673; reserve for self-insur¬
ance
of workmen's ■ compensation risks, $188,601; sinking fund pay¬
ments
funded debt due within one year, $1,500,000; provision for
taxes on
income and for renegotiation refund for 1943 and 1944,
$14,491,706; funded debt, $7,860,932; reserves for possible loss on con¬
tract
commitments, $75,000: reserves to return plant to peace-time
-operation,
$841,667;
$5 cumulative prior preferred shares (83,194
.shares, no part, $8,319,400;
preferred stock (par $100), $1,793,400;
common
stock (1,656,808 shares, no par), $5,471,284; capital surplus,
$9,376,166; undistributed profit, $2,038,848; total,. $59,046,935.-,
.
railway cars and
deferred charges, $443,365; total,
of, light-weight
development
1077
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4315
160
i
>. £ t;
;.
.Htir,
A 'X:
£
t
■y.
i:
-;s:
u
i
r.
v
,f
*
(The) Colon Development Co.,
26 Weeks Ended—
♦Net
profit
$41J'6®J
—
---
______
Jo
$3
$1-20
share.——
$1.40
charges and Federal taxes.—V. 160, p. 725.
Earnings
per common
"After
The issuance of Edison bonds to provide funds for the two refunding
operations will require stockholders' approval of the proposed; amend¬
There is no provision under the present
mortgage for the issuance of bonds on the basis of properties other
than those owned directly by Commonwealth.
The proposed amend¬
ments will provide, through the pledging by certain of the company^
subsidiaries of their physical properties under the lien of the company's
.mortgage, for the issuance of Edison bonds on the basis of all the
properties pledged,
■/. -I...: •: v:"'
This will result in a further simplification of the capital structure
of the Commonwealth Edison group ol
companies; in fact, a final
step in the program which was begun in 1937.
Edison bonds will be
substantially the only publicly held mortgage debt of the group upon
retirement
of the Public Service bonds.
Other proposed mortgage
^
In
stockholders,
to
letter
a
«\9JLa
amendments
vehicle for
dividends
Club Aluminum
cooking utensils.
Since July i,
1941, all aluminum metal has been needed Tor arma¬
ments and none has been available for the manufacture of cooking
utensils for civilian use.
For these reasons, the income of the com¬
pany has been drastically reduced.
Income from royalties was $4,332
and no dividends were received from the Club Aluminum Products
•Co. for the fiscal year ended June 30, 1944.—-V. 158, p. 1439.
royalties received from the distributor company,
Products Co., whose principal product was aluminum
and
Commercial Investment Trust Corp.
■
—
Semi-Annual
date.
,
.
,
letter
to stockholders, Henry Ittleson,
Chairman, and
Dietz, President, noted that $510,000 of the total expenses
incurred
in
preparing for expanded instalment financing operation
'after the war was charged against the $2,000,000 reserve created for
'
In1( their
Arthur O.
of 1942 and 1943 earnings of the instalment financing
subsidiaries.
The effect of these charges, they point out, has been to
absorb a portion of the expenses incurred since last Jan. 1, in devel¬
-the purpose out
oping the organization for post-war business.
;
Combined volume of receivables purchased by the instalment
ing and the factoring subsidiaries was somewhat larger than
six months
first
r-V,
financ¬
in the
A
similar
and
liability
general
coverages.
headed
be
Retail
surplus of National Surety Corp. amounted
to $18,254,538, in addition to which the reserve for future changes
in market price of securities totaled $2,569,520.
The operations of the two wholly owned manufacturing subsidiaries,
The Holtzer-Cabot Electric Co. and Micro Switch Corp., continued to
this
a
in
material reduction in consolidated
its subsidiaries.
.......
the consummation of the
of
.-
.
time
stated
be
V.
,u
entire
Vultee
June
Electricity output of the Commonwealth Edison group; of companies,.
utilities, for the week ended Sept. 2,
showed a 0.5%
increase over the corresponding period of 1943.
Fol¬
lowing are the kilowatthour output totals 8f the past four weeks and
percentage comparisons with last year;
•
»
.
,
after
Net
30,
Harry
Woodhead,
1944
1943
charges
184,571,000
186,631,000
+0.5
—0.4
+ 6.5
+ 2.0
.
Aug. .19—
12—
-; ':>■/;'•
V"
♦Net
premiums
service,
missions
/
,
and
earned
the
June
215,000
160,
The
of
183,525,000
8177,999,000
190,148,000
-
—
185,414,000
981.
p.
weekly
this
income
net
served
SEC
4,437,940
9,380,696
______
______
182,630
1,446,354
indebtedness.__
32,059
$2,5:6,809
divs.
and
The
Earnings
"Subject
ree'd
and
misc.
inc..
week
the
for
ended
Operating
for
income
Total
Interest
on
Net
Six
Months
1,720,164
inc.
and
int.
ifying
$8,830,616 $13,964,125
249,307
342,548
907,557
stock taxes.—...,
cap.
1,267,808
3,499,816
of
159,
before
1944
Net
profit
—V.
158,
common
stock—
shares of
consolidated
fUndistributed
Surety
1944
profits
net
income
335
508
$2,741,522
income
net
of
Undistributed
income
net
$4,987,744
755,498
Nat.
900,494
facturing
net
*
of
corporation
of
Preferred
Common
shares
■
♦Includes
required
$6,288,238
196,561
4,297,138
recoveries
after
201,749
5,309,866
5,309,839
3,580,948
3,539,911
3,539,894
$1.05
$1.72
____
of
reserves
reserves
for
previously
losses
(excluding unrealized gains
and
provided
from
$1.89.
,
and
contingencies.
loss
or
not
its'
The
Consolidated
Assets—Cash
on
hand
$55,055,387;
Balance
and
in
banks,
June
30,
:
$18,447,051;
other
the
*^QflMQoSo loo
$lyO,O0O,57o.
U.
S.
•
-,
.*
Govt,
Dr$3,229,398;
•
'
for
17.l'v
*
••Local
.
'
•
v.
or
Nickerson
H.
Companies.—V.
of
'
1944
income
V
1943
1942
1941
-
$31,800,000 $10,600,000 $11,800,000 $19,500,000
$1.19
1
$0.40
$0.44
// $0.73
share
-
■
If
the
Caribbean.
Cruz
next
demand
war
be
can
La
In
accordance
expected
Pipeline,
spring
about
three
of
continues,
following
the
with
further
the
the
program
es¬
latter
produc¬
in
the
of
period
same
increases
completion
tankers
new
Steel Co. of America
Jusepin-
part of this year, and the
for which orders have re¬
inc.
&
profits
&
taxes
6,187,822 ;
1942
rV
guarantees,
$20,333,928;
open
accounts
held
furniture and fixtures, at nominal
"*
V-
common
share
$1,798,164
$2,170,7151
$3.12
$3,96
/_
"After
and
charges but before Federal income and excess profits taxes
Pennsylvania income taxes.
lOn 444,698 common shares.—V. lSO^
this
Sept.
on
after
company
160,
•
p.
'
11
47
retired
of
years
;
981.
p.
•
as
Vice-President
a
with; the
service
and
Edison
;
$7,950,000;
accounts
indebtedness, $50,000;
,ue.,1947)' $20,000,000;
reeeivab.es
payable,
Federal,
acquired
to
be
non-current indebtedness
deferred
included
income
in
future
(portion
gross
of;
earn-
rwP'i ??63,451 unearned premiums of Service Fire
Insurrese7es against losses and contingencies (in-
Insurancf
Co )
•VeadlIig c]aims against Service Fire
fit S' $1'4o7>676'/^erve for contingencies, $1,490,000; rernlnnriti iJt*
bfnef,its fc>r Past service of employees, $278,400;
Smmon
-«nro?fi°rl quallfying shar?s of subsidiaries), $17,051;
(3,o80,948. shares at
stated
888,578n~VSYb^O
/■!!/
.
Net
prof,
Consolidated Film Industries, Inc. (& Subs.)—Earnings
Quarter Ended June 30—
Consol.
Fed.
1944
1943
'
,
"
1944—3 Mos.—1943
>:
tax
&
tNet
$437,536
$423,628
$224,276
183,765
177,924
105,410
surtax
profit
"Earnings
"On
per
156,
$253,771
share
400,000
159,
$245,704
$0.63
shares
of
$2
/■-/
■'/
:
$137,352
$0.20
$0.14
$0.04
•
,
$118,866
preferred
$0.29
$0,61
stock,
tSubject
to
per
common
income taxes
159,
p.
$192,749
$0.85
$1.00
1248.
renego-
Denver & Rio Grande Western RR.—Plan
p'.
value of
$15.50
each),
$55,-
829'593,0351 Paid"iu surplus' $29,079,760; total,
Consolidated Gas Utilities Corp. — Exchange Agree¬
Made With Institutional Holders Of The First
The
of
ment
It
exchanged
March
1,
maturity
interest
bonds
of
the
approved.
the
exchange agreement the series A bonds will be
for series B bonds (dated Sept.
1, 1944, and maturing
1956), bearing interest at the rate of 3%% per annum, the
date remaining unchanged.
The reduction in the rate of
by
the
without
calling
3.20%
of
the
basis,
issuance
calling
A
the
of
the
bonds
series
A
and
bonds
B
bonds
for
issuing
announcement
in
exchange
redemption
new
bonds
for
series
Holders
which
plan,
of general
provides for
mortgage
no
at Denver
trustee of the general
bonds
voted
79.33%
for
these
bonds.-
payment
Earnings for July and Year to
1944
JulyGross, from
A
Net
Net
the equivalent
approximately a.
\
from
against
v
Dale
ry.
oper.
1943
1942
/
1941.
$5,429,321
$6,251,199
$4,807,770
$2,437,463
1,488,878
railway—.
2,847,390
2,109,990
485,592
railway—
878,033
1,666,290
1,805,899
250,217
39,203,770
40,159,882
25,877,576
15,252,320
income—
From January 1—
The
Gross
principal changes in the indenture are as follows:
1. The general retirement
prices arc adjusted to protect the holders
of the series B bonds with a 3%
yield to maturity.
•*'
'
2. The contingent sinking fund which under the
original indenture-
from
Net
from
Net
ry.
.
Commonwealth Edison Co.—No Competitive
Bidding
Contemplated For New Bond Issue of
$155,000,000—
Halsey, Stuart & Co., Inc. to Head Syndicate—
opposed Aug. 30 in the U, S. District Court
was
•
is
on
said.
road
mortgage issue, and by the debtor railroads, the Denver & Rio Grantje
and the Denver & Salt Lake/ The hearing was before Judge J. Foster
Symes for confirmation of the proposal, which the court already has
was
terms
Opposed—r
plan of the Interstate Commerce Commission for reorganization
the
by the City Bank Farmers Trust Co., New York,
Bonds, Series A—
announced on Sept. 1 that the
corporation has executed an
exchange agreement with institutional holders of the first mortgage
sinking fund.bonds, 4%, series A, due March 1, 1956. v+/,.-;.8
By the
-
$164,357
share:_-___________
shares.—V.
193,365
1942
1943
'
,
profit after charges and Fed.
♦Earnings
838,
p.
Mortgage 4%
:
C^-tis Manufacturing Co.—Earnings—
Year Ended Nov. 30—
Net
"On
the
.tiation.—V.
2250.
p.
'
V
$191,855
$37,840
$0.13
:
*
;•
taxes
normal
share..
1
1944—6 Mos.—1943
:
-
/
:/ $122,330
com.
'
'
Corp.—Earnings—
after chgs. &
per
—V.
1942
profit after all chgs., but
before
Earn,
'
"
'
; Period End. June 30—
r
amount, $5; total,
balances
ihi wi J?
726.
Cuban-American Manganese
.
payable,
accrued on non-current
—V.
railway
railway——".
12,113,269
17,887,117
9,188,773
2,368,507
income...
7,941,940
10,294,195
7,320,217
798,867
oper.
160, p. 533.
.
..
'
10,650,664
$1,482,517'
.
8,667,774
$2.43'
—
per
1943
•
taxes___
tEarnings
\
j•-* ;
Subs.)—Earnings-—
$7,670,339 $10,465,938 $12,821,39&
excess
income
Net
(&
1944
1
State
f
distribu¬
v..
■
the
taxes
obli¬
taxes 011 income- including accrued taxes
$11,792,851; dividends payable, July 1, 1944. $2,148,of
manufacturers and
selling agents, held by
factoring subsidiaries, $41,703,584; dealers' reserves,
$1,112,821; interest
credit
months
the 26,606,610
and has averaged 351,000 barrels per day for the first six
This compares with 215,000 barrels per day for both
Crucible
Fed.
to 157,700,000 kwh., compared with 194,corresponding week of last -year,v a decrease
the
six
on
period which includes earnings
Lago Petroleum Corp. in August, 1S43,
direct* comparison with the earnings of
a
3 Months Ended June 30—
electricity amounted
of
retail
Lan?n0t?cei'
1944,
$ 198
of
decrease of
in
"Profit
on
trustee
June 30,
»
2517.
a
first
cently been placed,—V. 159, p. 2193.
.
to
Liabilities—Notes
in™^
$1.54
Vice President Retires—
wholesale lien notes and acceptances, $10,by factoring subsidiaries, $50,354,966; mis¬
receivable, $302,295; repossessed motor vehicles,
realizable amounts, $15,403; FHA
guaranteed real
estate mortgages, $3,880,706; investments
in wholly owned non-consoli¬
dated subsidiaries,
$15,477,687; miscellaneous investments and notesend accounts receivable, at cost, or less than
cost, $507,195; deferred
on
$1.85
1943,
the
share
per
1944.
rates
Puerto
corresponding week of
for
$1.19
at the request of the United States Petroleum Administration
Creole's gross production of crude oil now exceeds 400,000 bar¬
1943.
delivery
accounts
down
charges
$0.76
Franklin
^^'^">$23!
518,529;receivables
569;
$0,87
600,000 kwh.
19.0%.
$18,932,869; other instalment
obligations, secured by liens
to
'250,000
System
Sheet,
marketable securities,
motor vehicle instalment lien
obligations,
.
$683,256
277,500
company
to
,
earnings of $25,826 in 1944, $69,595 in 1943 and
1942, included in above after deduction of $2,559 in 1944,
$7,655 in 1943 and $16,413 in 1942, Canadian
exchange'depreciation.
written
$646,806
250,000
Sept. 6 announced that system output of electricity
(electricity generated and purchased) for the week ended Sept. 3. 1944,
amounting to 169,900,000 kwh,, compared with 204,900,000 kwh. for
Note—Canadian
cellaneous
$338,408
277,500
p.
make
to
per
demands
tion
chgs.
of
market
$149,212 in
gations,
$312,245
159,
tion
now;
tAnd
changes in
"
price of securities).
-
in
Consolidated Edison Co. of New York, Inc.—Output—
V
$6,887,842
-
outstanding..-..;.-..
share—:
and
subsidiary
—V.
Subs.)—Earnings—J
taxes.
after
;/■■/'• ;>/:/.
,■•.
Lago Petroleum and Standard Oil Co. of Venezuela for. the
v
$3,779,740
income
for War,
•
dividends.;
Common
■
400,000
to
CIT—
per
war
outstg.______
per share.._____
income
shs.
Earns,
282,700
earnings applic.
possible
tablished
$110,930
1944—6 Mos.—1943
Fed.
Com.
manu¬
dividends,^-—_________
Earnings
"Net
1943
/- $140,130
1944—3 Mos.—1943
profit
&
v
346,371
,
$0.23
/■■■
,■
properties acquired from
not
rels per day,
(&
equivalent
6 Mos. End. June 30—
:
■
stock
Net
-
subsidiaries
Combined
of
$6,541,471
,
—
$31,800,000,
months of
Consolidated Cigar Corp.
$347,521
$0.23
(
>
^
.
.
♦Based on Creole's present capital. fM
"
The improvement indicated in
operating income for this year is due
primarily to Creole's large participation in supplying the current heavy
1944
■
.
but before Federal taxes
100,000
share_______
common
Consolidated net
323,000
$0.46
Consolidated Cement Corp.—Earnings—
•Net loss after charges
—V. 159, p. 1552.
799.035
for corresponding periods in previous years.
For this reason,
following tabulation lists also the combined earnings for previous
of bolh Lago Petroleum and Creole and shows what would have
been the earnings per share based on Creole's present capital:
' i
2466.
p.
$1,220,257
651,230
(netl__
the
$147,451
;
1943
$1,019,377
:
tax
years
qual¬
income
Corp.—
the
337,000
$0.39
$1.33
f
829.
p.
■;-/v•/,/ /■''////...
was
is
$484,451
323,000
•
,
>$563,091
Creole
1943
•
;
$125,314
Outstanding shares of
Earnings per share
Period End. June 30—
Net
•
417,000;/
$542,314
\inc. & exc. profits taxes—
194)
shares outstanding on June 30.
Since this is the first full six months'
it
provision for taxes__i
Prov, for Fed.
31,
Creole Petroleum Corp.—Earnings—
1944
1,482,000
on
160,
depreciation
excess
2078.
Consolidated
dividend
$1.25
a
6,515,098
directors'
subsidiary
of
cents
'
Consolidated Biscuit Co.—Earnings—
566,590
801,021
$4,258,973
___
51
50,000
after
and
t
shares
preferred stock was authorized 011 Sept. 5 by the SEC.. The dividend
payable Oct, 3 to holders of record Sept. 19.—V. 160, p. 981.
payment
March
reserve
per
Approves Preferred Dividend—
corporation's
Ended
profit
p.
$8,029,594 $13,297,535
indebtedness..
non-curr.
Minority
Feci.
_—.
to
$343,063
profits
Earnings
;
.
for
renegotiation.—V.
income
—V.
1944,
31.
to
Contingencies
amounted to
the corresponding week
Aug.
6 Months Ended June 30—
i
$0.89
equal
6 Months Ended June 30—
~
'
of
>
'.-
4,133,322
$285,390,
was
2301.
p.
Consol, net Income after charges, Federal income & excess
profits taxes
Earn, per share on 424,000 shares capital stock
energy of subsidiaries
business conditions of
kilowatt-hour output of electric
adjusted to show general
corporation,
6 Mos. Ended June 30-—
1942
$501,729
Coty, Inc.—Earnings—
■
„
253.024,142, as compared with 247,198,475
in 1943, an increase of 5,825,667, or 2.36',;
Profit
Cr510,000
Operating
Int.
%
'
/
Commonwealth & Southern Corp.—Weekly Output—
$6,194,190 $12,650,165 $24,124,585
post-war devel.
current
on
1943
-
$716,729
J
quarter
159,
3
'
1
-1
Cornell-Dubilier Electric Corp.~^Earnings-«t
com-
.........
operating expenses
JRes. for conting. &
Interest
,//
1944
revealed/—
,
:
share.—V.
Federal
30
June
recently
30,1944
'
;
income
For
per
% Change
185,582,000
2
Aug.
is
Months Ended
President,
.Earnings per, share |on 564,982 common shares___—_
'
,
26-i._-.__:—185,876,000
Week Ended—
Sept.
Government
6
A
Deliveries - ot
—-
Federal income. taxes'_^x____.
30, 1S44,
Statement,
par
15.
.
cf
Income
no
Sept.
2300.
p.
excluding sales to other electric
with combined net earnings of $576,719, after provision
Consolidated
the
on
record
special of $1.—-V. 159, p. 2466.
a
Aircraft Corp.
6 Months Ended June
Weekly Output Up One-Half Per Cent—
-
a
bonds will be registered
new
declared
Copper Range Co.—Earnings—
approval
to
been
to holders of
1, 25 cents each; and Nov. 1,
159,
with
subject
is
program
The
has
1
was
.
by Illinois Commerce
with the Securities and
Exchange Commission and the amended mortgage qualified under the
Trust Indenture Act of 1939.
The approval of certain insurance com¬
panies, as holders of outstanding Edison bonds affected by the proposed
mortgage amendments, will also be necessary,
>
;
;
The
share
pfer
payable Oct.
The corporation has delivered 29.5 % • of all heavy/bombers produced
this country for Allied military needs in the six months period
ended
refinancing plan
entitre
Corp., Ltd.—25-Cent Dividend—
cents
Heavy Bombers—
" inter¬
$23,000,000 reduction in the combined mortgage
a
25
stock,
Consolidated
Net
Commission.
renegotiation.
the report-continued, subsidiaries of the corpora¬
obligations aggregating $66,370,866.
estimated
On June
tion owned
1944—8 Mos —1943
$1,518,130 $12,892,102 $11,988,860;
$1,720,197
,,
for
i
Stores, Inc.—August Sales—
1944--Month—1943
paid in each of the threfe preceding quarters, and, in
special distribution of $1 per share was made on Aug. 31,
In 1943, the following dividends were paid:
April 1, July 1
this year.
Halsey,
by
amount
and Oct.
of this year.
territory
earned $1,255,4S8 for the period.
The combined capital and
be satisfactory,
stock.—V. 159,
•
of
common
addition,
.
will effect
the date
entire amount of
the
offering
dividend
like
certainty, Mr. Freeman said the
present program contemplates its substantial completion during October
—V.
automobile,
compensation,
appointed co-regis*
been
160, p. 725.
value
:y
■
would
the company and
While
July 1, 1944, National Surety" Corp., a wholly owned sub¬
sidiary, opened a department for the underwriting of casualty busi¬
ness,
thus broadening its sphere of activity in the insurance field.
The
new
department will write insurance contracts for workmen's
National Surety
has
York
cumulative preferred
-
Consolidated Steel
of
As
of New
shares of-the 6%
Consolidated
Stuart & Co.,
major role in the company's bond financing for
underwriters
charges and also
Aug.
1943.
of
City Bank
Period End. Aug. 31—
Sales
modernized
and
improved
generally
a
contemplate
than 20 years.
debt of
the corporation, including undistributed
net earnings of National Surety Corp. and its subsidiary, and of the
two wholly owned manufacturing companies, amounted to $3,779,74U
for the six
months ending June 30, 1944.
The net earnings were
equivalent to $1.05 per share on 3,580,948 shares of common stock
outstanding in the hands of the public on June 30.
com^r®^
with net earnings in the first six months of 1943 of $6,288,238, or $1.72
per share
on 3,539,911 shares outstanding on June 30,
1943, after
dividends on the preference stock, all of which was retired on that
!
in
financing.
plans
The refunding
est
of
earnings
net
result
Inc.. who have had a
more
J
cannot "at
Combined
future
the
stances.
Report—
'
National
2413.
p.
Edison
bonds at one time, the company is of the opinion,-Mr. Freeman dis¬
closed. that the. size of the new issue, $155,000,000, does not lend itself
to the practical aspects of competitive bidding and it is, therefore,
expected that the new bonds will be sold to a nation-wide group of
underwriters and offered by them to the public.
Under these circum¬
almost entirely dependent on
company's pre-war income was
would
the
Since
stated the
President,
Taylor,
J.
H.
Consolidated RRs. of Cuba—CorRegistrar—
The
trar for 304,775
.
Utensil Co.—Earnings—
Year Ended June 30—
4944
Net profit after charges and taxes—
—
*. $1,076
Earns, per share on 271,240 com. shares
Club Aluminum
'
special
160, p. 533.
ments to the Edison mortgage.
jx.zu
per share was made on June 30, last, as compared
payments of 80 cents each on Dec. 28, 1943 and 1942,
with
—V.
,
$1 20
on
bution of 30 cents
Illinois, Chairman Charles Y. Freeman has announced.
Plans have
now progressed'sufficiently to be submitted to stockholders of Commonwealth at a special meeting called for Oct. 5.
'
*
.
Jun«32'^ JUn$364 208
'
additional new Edison bonds of the. same series
of 3Vz% bonds of Public Service Co. of North¬
of
(Boston)—Special Div.
Sept. 5 declared a special dividend of 50 cents per
and the regular quarterly dividend of 30 cents per share, both
payable Sept, 30 to stockholders of record Sept. 15.
A special distri¬
ern
Inc.—Earnings—
Colonial Stores,
the sale
secured,
The trustees
share
to refund the $80,000,000
Ltd.—Purchases Stock
Aug. 25 announced that
on
Consolidated Investment Trust
maining $75,000,000 of Edison 31/2s; and, when necessary amendments
to the Edison mortgage are approved and other authorizations are
the amount paid into the
sinking fund in 1944 pursuant to the terms and provisions or tne
certificates for the redeemable income stock, series B, has been utilized
for the purchase for retirement pursuant to tender of an aggregatei ox
£113,870 principal amount of such stock at the principal amount
'thereof plus accrued ihterest to the date of redemption,—V. 159, p. 73J.
The company
Monday, September 11, 1944
3%, to refund the re¬
bonds, bearing interest at a rate not to exceed
•preferred stock ($100 par value), $12,193,800; common stockj$10par)
$18,414,730; capital surplus, $15,336,315; earned surplus, $20,514,404,
•total, $159,808,907.-—V. 159, p. 1145.
,
CHRONICLE
THE COMMERCIAL & FINANCIAL
1078
forthcoming; refunding
program
of
°l ltS $98,000'000 of 9 V2 %
the
company
contemplates
bonds to $75,000,000 by use
of available cash resources for
that purpose and the sale of new
Edison
required
vhe
payments and/or 5%
has
3.
b6en
has
5%
now
flexible
first
mortgage
bonds
when, dividend
debenture retirements exceeded $150,000 per year,,
eliminated.
The restrictions
and/or
retire
to
company
:
debenture
been
and
placed
the amount
on
retirements,
on
workable
a
Detroit-Michigan
which
cumulative
has
basis,
arrangement.—V.
159,
been
on
thereby
p.
A
a
dividendsyearly basis,
dividend
stock,
par
-
■
was
20,
Oct.
of
$1,
tribution
and
creating-a'more*.
2413.'
Stove Co.—10-Cent Dividend—
\t
■
v;.
available for payment of
10
payable
made
share has been declared on the comrtion
Sept. 12 to holders Sept. 6.
A similar dis¬
cents
on
per
April
1943.—V. 159,
p.
15,
this
1445.
-
year,
and:
on
/.
April
/
:
10,
July 31
Volume
from
Gross
i
Net
From January
Gross
69,423
65,813
67,344
94,630
90,951
310,243,
319,878
486,867
487,027
437,159
562,680
income—
oper.
ry.
/
The
1,121,194
v
134,589
Production Lower—
^alue of bullion output—..
Aug.', '43
$450,495
$471,474
$400,747
the current year, bullion production
valued at $3,573,215, as against $3,885,383 in the same period of
'For "the first eight months of
was
1943.—V. 160, P; 726.
Securities Corp., Nashville, Tenn.
Equitable
Officials—
\
-
New
—
like
C.
Period End. June 30—
Operating revenues
,j
.
Operating
$22,186,680 $21,530,755 $44,271,461
15,664,808
7,673,940
7,424,270
expenses
of
Amort,
State
1,197,173
2,553,572
2,633,704
2,050,000
4,391,888
3,912,500
of
690*
799,778
799,778
$6,924,475
61,763
*
deductions
J.
a
Divs.
cumulative
5'/«
on
Divs.
common
on
—V.160,
Durham
.
See
687,500
687,500
1.375,000
4,198,014
8,718,953
8,611,312
Manufacturing Co. —Merged—
Durhaip Manufacturing Corp.—
-V.
156,
and
Rents
513.
p.
Corp.—Merger, Etc.—
Durham Manufacturing
May
15,
$65,656,151 $48,206,189
i
Fort
Wayne
profit on sales.
Gross,
-
Other
Total income.
-
(Excess
;
i
<
'
l
'
i
•
r,
.
,
1
.
1943.———
of
Assets—-
>;
•
Cash
-
——:
surplus———
paid to Associates Investment Co.
share
—
—,
Total
Divs.
per,
■■'fii/'
-
V
v'■
<•
- :
Earned-surplus, June 30,. 1944
,
receivables
210,000;
notes
Trade
•
8,555,698
——-1—————^----———
and machinery rentals with ex-
refund
"Expenditures
378,000
prof, tax (est.)
plant facilities—
excess
emergency
and:, equipment—
(Rental machines under lease and in
Patents
and goodwill—
$1,274,602; accounts receivable (trade), $1,792,730;v
-claims against the U. S. Govt,
(for recent terminations), $155,086;
reimbursable expenditures for facilities—U. S. Govt., $46,451; receiv- h ; Prepaid expenses and deferred
Assets—Cash,
fixed
from parent company, $1,796,281; inventories, $1,452,002;
assets (less reserves
for amortization and depreciation of $394,439),
able
-
Total
.
$66,789; total, $7,070,300.
payable and sundry accrued expenses,
:
$491,858; accrued wages, $158,038; Federal income tax withheld from
employees and deposits for war bond purchases, $112,841; reserves for,
.Federal income taxes, $1,646,251; other reserves, $165,599; reserve for
•'post-war contingencies, $310,000; common stock ($100 par), $1,500,000;'
capital surplus, $215,696; earned surplus, $2,469,956; total, $7,070,380.
$486,359; deferred charges,
'
;
for
Capital stock ($3
Capital ' surplus;
Total
Provision
25,588
for State
taxes
—
income-
on
Earnings
478,528:
$0.25
Comparative
Balance Sheet
1,673,419
.
600,000
378,450
machines—
1,196,418
.773,455
; 7,779,467
.
191,011
672,393
1,642,362
28,149
24,326
$3,310,643
$3,230,732
$75,000
$75,000
———
135,709
79,314
liabilities-^-—_—
State
for
Provision
taxes
income---—',
on
—
131,250
768,607
2,120,763
debt————
—_
par).;.
;—-
Long-term
stock '($1
Capital
164,719
677,108
v
to bank——.
payable—trade——
payable
Accrued
947
239,946.
1,687,411
—r
Liabilities—
31,'43'
$486,037
25,091
I—---w..————
Accounts
1,196,418
'773,455
6,247,606-
178,372
1
assets .(net).*—
assets
Total
Note
1,131
———
fixed
Other
50,000
300,000
510,004
$522,370
-
—
investments——
Total
5,657,629
8,706,755
3,235,374
7,433,707
50,000
r:—
Inventories
Total
•
-
—
-
:—_
funds
—
—.
Accounts
receivable—trade—
U. S. Treasury certificates and accrued int
559,985
278,168,
259,224
563,368
591,630
259,224
demand
Working
1,163,841
$0.26
153,721
June 30,'44 Dep.
banks—on
in
$198,586
76,861
share-
in cash—
paid
990
:
$190,352
common
per
263,446
—
profit for period
Net
44,592
$463,022
199,930
—,—
deductions—
income
871,669
$1,284,895
Federal
par)
surplus" —I—
Earned
^V; 160, p., 726.
.
income—
Total
* 378,000
2,786,704-
1,011,763
& adjustment.
post-war rehabilitation
Deferred rental income—leased
'
7
Cash
-—-
-
$418,430
$390,282
Gthpr 'income-—————————1
-
$1,137,850
renegotiation refund and for
1 taxes on income
l_
Notes payable—bank
—*
Reserves for compensation insurance
•
•*'•'
$23,448,751 $30,223,354
,
423,945
$364,694
359,208
•
Dividends
tProv. for
Res.
8,573,525
M V
accrued expenses:
..orders—
The offering was completed in.
the elapsed time of 28 minutes. There were 21 purchases
by 19 firms; 6,000 was the largest trade, 25 the smallest.
ii?y Spencer.Trask &Co.
and
$842,375
476,418
operations-—
from
Profit
1
and commissions
—
Taxes (other than Federal taxes on income).
Other accounts,
accruals and deposits
Dividend declared but unpaid—
——
Advances
from Defense Plant Corp. on pool
Eastern Airlines, Inc.—Special Offering—A special offering of .10,000 shares of capital stock was made on the
New York Stock Exchange, Sept. 5 at $39% per share
with a commission of 60 cents.
The stock was offered
j
*
$841,112
gross
518,779-
548,656
creditors 1
Payrolls
6,049,746
30,'44 Dec. 31,'43
June
operating income—'.
operating charges—rr
Total
Assets—
Accounts
Trade
Co.—Earnings—
Fohs Oil
Total
2,858,830
588,094
constr—
-
Liabilities— •
payable
,
accounts
Liabilities—Trade
par
6 Months Ended—
•
3,235,374
charges
*
?
$100
of
common
$6,971,820
198,056
Plant
v.;:
Carl J. Weitzel,
has an authorized capitalization of 70,000
preferred stock, 100,000 shares of $1 par class B
stock, and 90,000 shares of class A stock of no par value.
and
organization
new
,
in
will own
•
of Fed.
for
which
Weiss
S.
The
shares
'
267,916
tended'"-maturities
Post-war
3944
Louis
1942
5,781,822
i.
—
—
shall Field
1,036,896.
1943
$4,271,678
hand—
and accounts receivable.
notes
$2,469,956
—
Balance Sheet, June 30,
...
that formalities of incorpora¬
Dover, Del., for organization of this
and operate The Chicago "Sun."
and stockholders, in addition tcv Mr. Field, include Mar- :.
Jr., Clem J. Randau, Geirge Richardson, Frank W. Taylor, V'
completed
been
corporation,
$6.40
$7.50
(After deduc-.
for 1943 and estimated
banks and on
in
Inventories
(parent co.), $14
—
had
tion
(Del.)—Incorporated—
announced on Aug. 31
Marshall Field
contracts.
v
.
Other
$2,679,956"
—
——
.
Trade
'
$2,992,504
1,036,896
refund of $378,000 for 1942.
Comparative Balance Sheet, Nov. 30-
'I.•••'
$1,368,659
1,311,298
.
———
tion
post-war
_
|i; i
—
.—.—„
—_
Earned surplus, Dec. 31,
$2,554,726
providing for renegotiation of war
debt retirement credit of $786,440
"After
3,436.
1,062,000
———
—
' '• '
'
—1
Bank of New
the
Field Enterprises, Inc.
7,205,000
3.00,000
—
per-share—
Earnings
90,000;
———
income
Net
.t
7,080,000
300,000
—
—
next, $1,750,000
1954, at 103% and interest.* Payment
York, successor trustee, 48 Wall St.,'
due
debentures
York, N. Y.—V. 160, pp. 983, 830,
New
26,400
:
gold
made at
Directors
324,395 :
—
5V2%
will, be
1,085,000
and adjust.--
profits tax___
—
post-war rehabilitation
"Net inpojtne
.
$2,848,490
—
1 Provision for post-war contingencies.
Sundry deductions
;
'—
Provision for Federal income taxes——
44,521
325,000
—
for
Prov.
27,865.
—
To Redeem Debentures—
v-(There have been called for redemption as^of Nov. 1,
$10,304,247 $11,608,904
surtax—
and
tax
$2,820,625>
administration——————
Expenses of
—
income
of the electric assets received
Andalusia, Elba, and Opp and
for $2,500,000, subject to ad- ;
principal amount' of said debentures.
33,474,476
2,078,803
1,199,223
$10,044,287 $11,453,687
259,960
155,217
■.
——.—
charges—interest
Dividends
i
1,069,177
administrative expenses
income
Normal
.
—__
—
—
—
income
Other
-
—_—....—
,
-—
income—
•—
of
.Total
Ended June HO, 1944
Statement, (J Months
Income
Consolidated
51,859,537
2,683,150
1-—
—
profit
Gross
Other
materials of
shifts. Durof Associates
related to leased
including costs
-
General and
to secure better supervision of
Wayne and Muncie, Inc.
Both
and Muncie plants continue to produce
•war at capacity,
most of the departments working three
ham Manufacturing Corp. is a wholly owned subsidiary
Investment Co.
I
the
——
sales,
machines
Selling ' expenses,
owned subsidiary
simplifying accounting procedure and
the company's plants located at Fort
of
Cost
-1
1944, the Durham Manufacturing Co., then a wholly of National Industries, Inc., was merged into National
Industries, Inc., and the name of the latter company was changed to
Durham Manufacturing
Corp.
The merger was for the purpose of
On
;
818,729
975,264
$1,008,000 first
of
justments to the date of closing;,
(8)" Application by Federal Water & Gas Corp. of the proceeds from
the said sale tov repgy the bank loan of $750,000 referred to: in (1)
above and to redeem $1,750,000 of its 5V2% debentures due 195'4i :such
redemption tp be followed within 24 months from the date of'fca'ie of;
the said electric properties by redemption of an additional $750,000
1942
1943
:
$64,680,887 $47,387,460
and allowances.
discount, returns
royalties received
less
Co.
r(7) Sale by Federal Water & Gas Corp.
by it under (6) above,, to the Cities of
Alabama Electric Cooperative, Inc.',
Years Ended Nov. 30-—
"Sales,
Service
4he
Ex-CelI-0 Corp.—Earnings—
-
;••".' Total:
t
23 Wall St., New York, N. Y., is scrip
Chemical Bank & Trust Co., 165 Broad¬
the other three issues.—V. 160, p. 983.,
Inc.,
Co.,
Morgan
New York, N. Y., for
1,375,000
4,305,656
.
stock
8.
p.
P.
way,
Co.;
Water
bonds at a call price of 103.9% .of par;
,(5) Retirement by Alabama Water Service Co. of 6,793 shares of its
$6 cumulative preferred stock presently outstanding in the hands of
the public; at the call price of $105 per share; (6) Distribution by Alabama Water Service Co. of its electric prop¬
erties including materials, supplies and accounts receivable pertaining
to such properties, to Federal Water & Gas Corp. as the
then sole
stockholder of Alabama Water Service Co.;
•'
•-.
- :
agent for the common stock and
$5,581,887 $10,432,443 $J1,004,455 ;
$5,465,882
..._
(1st preferred stock—
*
:
income
Net
%
Alabama
by
Retirement
(4)
interest' i&n. such amounts.
2.966,975
The proposed trans- :
Service Co.
.
.
mortgage 3%#
by the
without
agent
scrip
$13,971,430 :
3,060,811
1,568,600
1,520,353
-
pertains, and of any interest or dividends received
with respect to the securities of such issue, but
certificate
$13,493,259
$6,986,238
income
providing
the following transactions
approved
29
liquidation of Alabama Water
bonds of Alabama Water Service
therefor the pro rata share, represented
by such' surrendered scrip certificate, of the net proceeds of such
sale, of all of the securities of the issue to which the surrendered scrip
agent will deliver in exchange
$13,371,420 $13,854,425 >
117,004
121,839
56,180
Alabama
Co.—
Aug.
on
50
'■
thereon, such scrip
whose countersignature appears
agent
scrip
the
Sept. 18.
26, last.
:
....
... .
(1) The borrowing by Federal Water & Gas Corp. from a bank of
$750,000- on a one-day unsecured note;
• v.
;
(2) Contribution by Federal of $1,350,000 cash to the paid-in surplus
of Alabama Water Service Co.;
'1
/ :.3: ;
(3) Modification of the indenture securing the first mortgage 3%r'o \
24, 1944
scrip certificate issued prior to Aug.
Upon .surrender-of any
to
on
as
were
actions follow:
1944.
24,
Aug.
—
695,2277
578,839
345,227
299,067
taxes
operating revenue
Income
1,348,353
1,841,883
—
taxes
Other income
Gross
4.182,849
690
profits tax—
income
Net
4,427,146
34S
of scrip
issuance
for
SEC
for the
certificates for the common stock, series A pre¬
ferred stock, general mortgage income bonds,- series A, and first con¬
solidated mortgage bonds, series B, all such securities held by the
scrip agents designated in said agreements were sold at the request of
the Erie RR. Co.
for account of the holders of scrip certificates as
adjust.—
acquisition
Federal income
Fed. excess
2,196,561 <
plant
utility
General taxes
-
2,483,318
2,218,670
Approp. retire, reserve._
The
dated as of Dec. 22, 1941, providing
accordance with< Agreements
In
14,352,530
Dividend—
of 25 cents per share
25 to holders of record
March 21 and op June
Federal Water & Gas Corp.- -Liquidation of
1,115.177
2,153,076
1,231,344
Maintenance
disbursed
was
1943
Water Service
Scrip Certificates—
Erie RR.—To Redeem
$41,828,486
payable Sept.
follows: March 24, 25 cents; 'June 23,
Sept. 21, 25 cents;, and Dec. 28, 50 cents.—V. 160, p. 983.
cents;
National Bank, has been elected Assis¬
stock,
amount
6 declared a dividend
Sept.
on
common
Payments .in
155, • p. 2456.
Secretary.—V.
tant
1944—12 Mos.—1943
the
A
of
Duquesne Light Co.—Earnings
1944—6 Mos.—1943
of Oct. 19, next, $236,000
at
1951,
1,
directors
The
' '
_
Schutt, also from the American
June
on
George J. Hearn. Jr., formerly with the American National Bank
Nashville, has been elected a Vice-President and a director.
J.
.
as
B and C
Federal Light & Traction Co.—25-Cent
,
Aug., '44 " ~ July, '44
Month of—
Canadian Corp. Ltd.—Bonds Called—
called for redemption
been
series A,
above.—V. 160, p. 624.
Stock Fund,
Howard
&
Eaton
*
first mortgage and collateral trust bonds,
102 and interest.
These include $200,000 of
series A, $12,000 of series B and $24,000 of series C.
Payment Vill
be made at any of the branches in
Canada of the Royal Bank of
Canada.—V. 158, p. 1033.
(k
4 V2
due
of Massachusetts—Merged
Equitable Investment Corp.
{ Dome Mines, Ltd.-—August
{
There have
of
stock.—V. 160, pp. 624, 117.
registrar for the common
160, p. 533.
See
,
appointed costock, $10 par value.
been appointed co-
have been
Co.
301,480
1,413,239
1,753,589
1,879,639
Net
V.
Trust
&
of the 400,000 shares of common
Guaranty Trust
Co. of New York has
of between $7,000,000 and $8,000,000 a
annual business
an
Mr. Morse -stated.
sale was effective as of Sept. 2.—V. 160. p, 727,
Famous Players
.
Bank
Hanover
Central
The
does
year,
The
Sept. 12, 1944.
on
transfer agent
Net from railway
t
1
No.
1—
railway—
from
73,894
43,213
be
to
$222,444
30,540
oper.
ry.
•
$236,710
$260,523 J
$257,899
railway—
income—
from
tNet
1942
1943
1944
X
railway
July—
v,
stock
1941
and
shares, as a whole, of the common
District Electric Co. -Such bids are
presented to Cities Service Power & Light Co. at its office,
Exchange Place, Jersey City, N. J., before 12:00 noon (EWT),
purchase from it of 350,000
(par $10). of the Empire
the
-Earnings-
■'/l Denver & Salt Lake Ry.
1079
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4315
160
Earned surplus—
—
96,348.
110,625
1,658
168,750
768,607*
2,009,743
'
Eastern Stainless Steel
$23,448,751 $30,223,354'
"To be xeimbursed by United States Government, less $200,724 classi¬
fied as current receivable.
(Less depreciation Of $531,389 at Nov. 30,
-i—
Total
Corp.—On Stock Exchange List
:
J
$3,310,643
'
Total
———
—
$3,230,732
•
Sept. 5, 1944, the capital stock of
dealt in on the New York Stock
Beginning
Co.
c-
V
t,(V
.
of Eastern Stainless
name
K
being
is
...;
(V v:'-i
,
^
Steel Corp.—V. 160, p. 624.
;'..v
:.V-
-
$401,569 at Nov. 30, 1942. tLess
$13,021,293 at Nov. 30, 1943 and $10,033,245
: ' fv-V ";>
p.
Howard-Stock Fund—Consolidation
-Eaton
Sci
Eastern Rolling Mill
Exchange under the
Effected
1943
v
and
727.
U. S. Treasury securities,
at Nov. 30, 1942.—V. 160,
-r
„
1943
$555,196
Ebasco >Services
Aug. 31, 1944, the System inputs of - client
of Ebasco Services Inc., which are subsidiaries of
Light Cc.,^ Electric Power & Light Corp. and
National Power & ight'.Co., as compared with the corresponding week
rduring 1943 were as follows: , «
»
,
i
;v:•
•.'V••;'.
—Thousands of Kilowatt-Hours—
ended
the ..week
For
"'operating companies
American
Power &
•
Securities .at
'
( v
—Decrease—
■
.
Subsidiaries of—
Operating
1944
1943
Amount
-%v
193,122
197,444
4,322
2.2
103.409
105,844
2,435
2.3
' 101,796
102,950
1,154
1.1
above figures do not include the System inputs of any com¬
not appearing in both periods.—V. 160, p. 982.
& Light Co
Electric Power & Light Corp.——
National Power & Light Co
—American
'
*
—
The
panies
•.
*
-
it•• •'
"
;>•'
Power
'•
•/••*••• VfV'*•• ■ 'V
District Electric Co.—Invitation for Bids for
$10,600,000 Bonds—
The company is inviting sealed, written bids for the purchase from
it of $10,600,000 first mortgage bonds, 35/2^
series due 1969. Such
hids are to be presented to the company at the office of Cities Service
Power & Light Co., No.
1 Exchange Place, Jersey City, N. J., before
12:00 noon (EWT), on Sept. 12, 1944.
.
,v:';•'. ■ V..;Bids for Purchase of 350,000 Shares of Common Stock
Cities Service Power & Light Co, is inviting sealed, written bid#for
r:ti Empire
'
;
'•*-^.4.*/:;;?• [. -/.'»•***•;
cost'(market value of those listed
$2,211,792) f-;
Metal
•
Mill,
P Total
power
re
.
$9,005,047
Liabilities—
,
'
"
—r$108,828
360,006
—223,021
payable ___:
payable
Wages
—--:
Accounts
payable
Taxes
Total
Net
—V.
__—
;>—
...
ij_———:————
assets
159,
873,051
——
V-
Current
51,750
2,139,238
74,958
—.—
supplyi—.
mine and refinery supplies—
Deposit
2,245,387
—-
associated companies^
inventories; at cost—^—...
Investments in-
<
.
receivable——
accounts
and
Cash
Inc^—Weekly Inpu^—
1944
$3,620,661
^3 .;
p.
—-—
$691,855
8,313,192
..
1943
1942
1941
$1,737,353
$1,733,515
$1,792,857
$1,353,522
26,468
23,693
26,591
21,253
income
$1,763,821
$1,757,208
$1,819,448
$1,374,774
17,879
16,300
3,000
3,400
3,750
1,299.364
709,796
Fairbanks, Morse &
Gross
1943
'
Income
2,153,392
' >;3
The-"Pomona
-
74,958
concern
has
plants in St., Louis and
•
15,306
18,750
1,208,175
1,175,961
contingencies-
125,000
110,000
$399,584
$450,368
$500,384
$645,922
209,250
209,250
313,875
313,875
$241,118
$186,509
$332,047
209.250
209,250
209,250
for
Prov.
>
Net
income
Dividends paid
647,855
Surplus
$7,534,229
Shares
——_
$107,874
232,583
182,165
$522,622'
7,011,606
Fomona, Calif.,
$190,334
'
stock
common
outstanding
Co.—Acquisition—
'•
12,312
—
Interest
51,750
2,037,039
company
;.
—_
charges
tFrov. for Fed. inc. tax.
$2,569,234.
has purchased the Pomona Pump Co.,. a division of
the Joshua Hendy Iron Works,
in a $4,000,000 transaction, it was
announced by R, H. Morse Jr., General Sales? Manager of Fairbanks,
Morse & Co., and Charles E. Moore, President ol Joshua Hendy Iron
Work?.'
30
$155,568
(no
par)
209,250
•
'
$2.15
$2.39
$3.08
tlncludes provision for United States and Canadian excess profits
taxer amounting to $974,583 (after U. S. and Canada post-war refund
credit of $109,301 in 1944, $942,604 in 1943, $1,044,795 in 1942 and
$1.90
Earnings per share
$431,390
in
1941.
Renegotiation Settlement—Final
U.' S. Government on
account of
1942
settlement has been made with
renegotiation for the year of
payment of $75,000 cash to the Govern-'
ment. and. the
reduction of estimated post-war refund by $67,500.Both items have been charged to reserve previously provided for such
and other anticipated contingencies. • Renegotiation
for the year of
1943 has not been completed.
1042.
.This
(& Subs.)— Earnings1944
profit from oper.—
Other income credits—
,
..
30 declared a
Garlock Packing Co.
6 Mos. End. June
Net
the
1972.
Aug.
r
322,628
*
4
directors on
77,000.
$478,196
*
.
Dividend—
dividend of 10 cents per share
on
the common stock, par $1, payable Sept. 20 to holders of record
Sept. 8.
Distributions of 5 cents each were made on Jan. 14 and
March 20, this year.'
In 1943, the company paid 5 cents on May 20
and 10 cents on Sept. 20.—V. 159, p. 7.
>
•
Current Assets—
• •
Fort Pitt Brewing Co.—Increases
The
managers, on
.
160, p. 983.,!
'
,
Sept. 7 annpunced.
Falcunbridge Nickel Mines LtdL-^Earnmgs-*
1944
Massachusetts-has been mergedQuarter Ended June 30— p
The merger was effected as; ot'r
$597,415
Gross operating
profit—.
91,000
the close of-business Aug. -28, 1944.
-.•/.)• -•» • ">*
Provision
for taxes—
Arnold S. Potter, formerly President of Equitable Investment Corp.,'
$506,415
p has
become ^'associated with Eaton & Howard, Inc.1: Mr. Potter was
*silso formerly President of Equitable Management Corp. of Massachu-.
310,011
Depreciation': and f deferred deyelop»hent_r—-rsetts. and is President of the Congress Cooperative Bank.
As of Sept. 1, 1944, giving effect to the merger, total net assets of /
3 Net profit3'l--_--------——::
$196,405
Eaton & Howard Stock Fund were'$1,090,000, equal to $13.81 for each
Financial Position, June HO
•> of the -78,973 outstanding shares.—V. T58. p. 982.
c;—Eaton & Howard. Inc.,. investment
that Equitable Investment
Corp. of
with
Eaton '& Howard Stock Fund;
—V.
This consisted of the
Sheet, June HO, 1944
S., Treasury notes, series
Consolidated^ Balance
Assets—Cash,
$1,150,000;
$2,040,920;
U.
accounts receivable
\
(less reserve for
C, at cost,
doubtful accounts of
of
$299,890; U
S. and Canada income
and excess profits taxes, payable in 1944, $1,351,854; U. S. and Canada
income
and excess profits
taxes, est., payable in 1945, $1,314,998;
accrued salaries and wages, commissions, etc., $339,021; accrued miscel¬
laneous
taxes,
$201,601; bank loans, due Dec. 31,
1948, $1,500,000;
reserve
for contingencies, $482,500;
capital stock (209,250 shares, no
payable,
158,
$12,072,055.—V;
total,
account to
for damages and profits.
Court cleared General Motors of
Huntman
Circuit
The
that
being
infringed
of Cuba,
Ltd,)
1942
1941
$2,821,135
1,186,172
$3,180,256
1,459,281
$2,608,841
1,633,258
1,496,700
$1,390,317
$1,720,975
$975,583
$784,435
34,205
5,003
39,683
47,940
$2,576,489
profit..—
"Gross
income-_
Miscellaneous
Depletion
Net
as
157,857
465,362
33,221
—
$651,517
308,443
.
407,447
380,729
121,117
36,776
______
23,401
-
-
120,646
33,834
83
410
5,453
3,839
$118,819
$67,230
$205,688
$184,755
43,342
v
profit.____
income
1941
1942
$1,107,351
$639,447
289,217V'
*•>.
<est.)__
____—
oper.
Other
-v
1943
^
^
$566,012 '.
y
accrued
Depreciation
the other two are
,
Net
;
,,,
t
1
204,176
308,819.
208,406
_—
profit
$327,225
Note—This
Detroit—Arranges VT Lpan—
Savings Bank,
&
is
not
subsidiary
2417.
^
P.
consolidated
a
affiliated
or
is,
that
included
are
:
$228,097:
$409,864
$376,049
statement;
companies
no earnings of;
herein.—iV'. 159,"
-•»'
'
5'
agent for a group of 10 par¬
(Joshua)
arrangements with the above corpora¬
covering war production contracts of
ticipating banks, has completed
tion for a $5,000,000 VT loan
1943
Sell.., adm. and gen. exps.
Harris Trust
The
'
Operating exps.
Taxes
j
1944
ore
______
any
1944
June 30—
6 Mos End.
from
receipts
sales
)
983.
p.
Inc.—Earnings—
£igar, Co.,
Net
profits by holding
160, p. 727.
G. M.—V.
by
Mining Co.—Earnings—
3 Mos. End. June 30—
infringement charges
not
Genera! Finance Corp,
General
aside a
the cor¬
-
quashed the order for payment of damages and
two of the Huntman patents are invalid and
and
surplus, $5,306,703;
capital surplus, $1,066,238; earned
$209,250;
pari,
Circuit Court of
S.
poration guilty of infringing four patents owned by Huntman Stabilizer
Corp., Orange, N. J., for stabilizers which are used in conjunction with
automobile shock absorbers.
The lower court held General Motors had infringed the patents in
the manufacture of stabilizers used on Oldsmobile cars, but not on
Buicks and Chevrolets and ordered General Motors to desist and to
$12,072,055.
Liabilities—Accounts
U.
decree
depreciation
$1; deferred
supplies, etc.,' $340,687; total,
advertising
insurance,
taxes,
Appeals at Philadelphia has set
entered by U. S. District Court of New Jersey Judging
The
taxes, $527,294; plant property (less reserves for
$3,425,033),
$3,286,499;
patents and
trade-marks,
charges,
Hecla
Wins Patent Suit—
$105,765), $1,485,380; expense advances, $3,051; inventories, $3,068,874;
investments, $169,350; est. post-war refund of U. 8. and Canada excess
profits
Monday; September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1080
See
manufacturing divisions,
The purpose of the loan,
Works—Sells Division—
Hendy Iron
Fairbanks, Morse & Co., above—V.
159, p. 736.
its
according to Owen L. Coon, Chairman, is
to provide working capital in the amount due the corporation under
war
production contracts which may be canceled, and for funds ex¬
pended by the company for similar purposes,
Participating banks in the loan agreement, in addition to Harris
Trust &
Savings Bank, include Continental Illinois National Bank,
Northern Tnv-t & Terminal National Bank, all of Chicago; the Manu¬
facturers National Bank of Detroit, the National Bank of Detroit and
me
Detroit
t>amc;
the National Bank and First
National of Tulsa;
and the Clfnton National Bank of Clinton Iowa.—V. 160, p. 9.
Hinde & Dauch Paper Co.—Larger Distribution—
;
dividend
A
stock,
of
cents
25
per
share has been declared on the common
Sept.
30 to holders of record Sept. 6.
This
share paid on April 1 and July 1, this
cents
payable
with
compares
50
$10,
par
per
.
Total
Prov. for
449,838
238,795
380,000
471,285
<405,000
<450,000
156,000
156,000
Income
Earned
$832,375
profits tax-
——————
excess
Net
$1,015,266
tax and
contingencies-
surtax
Fed.
$1,725,978
$1,424,523
income——____
Federal normal
$483,523
$648,693
$565,428
8,612,594
at Dec. 31
8,612,594
8,559,029
8,305,948
175,000
175,000
Powdrell
See
236,491
236,491
236,491
on
June 30
$8,684,626
$8,849,796
$8,712,966
$8,488,037
share—
$0.65
$0.82
.
$9,124,457
Net
Inc.
7, 1944, page
$0.88
stock
com.
Alexander,
&
of Aug.
1
$8,899,528
175,000
236,491
$9,261,287
$9,096,117
.
pfd. stock—
on
Divs,
175,000
___i—r
Total
Corp.—New Control-
Gosnold Mills
$593,580
Chronicle"
Divs.
Honolulu Rapid Transit Co., Ltd.—Earnings—
Period End. June 30—
Gross
— —
surp.
year.
Payments in 1943 were as follows: April 1 and July 1. 25 cents
teach; and Oct. 1 and Dec. 28, 50 cents each.—V. 159, p. 2197. :
Earnings for Six. Months
Federal
and
income
Earns,
per com.
providing $105,325 in 1944, $111,302 in 1943, $143,840 in 1942
in 1941 for deprec. and amortization.
tAfter deducting
"Atter
and
$1.00
$166,787
and $50,000 in 1943.
post-war refund of $45,000 in 1944
estimated
June 30, 1944
Consolidated Balance Sheet,
Assets—Cash
$1,495,183; U. S. Govt, securi¬
and on hand,
banks
in
$1,900,000 is on deposit as collateral for notes payable
at cost), $2,100,000; accounts receivable (less reserve
for doubtful accounts and for discounts of $195,774; inventories, $23,(of- which
ties
like
of
amount,
sundry
324,849;
refund
of
(including $135,000 for estimated post-war
tax), $179,754; goodwill, trademarks, patent
assets
profits
excess
$1; land, buildings, machinery, equipment, furniture and
fixtures, at cost (less reserve for depreciation of $2,102,060), $2,134,492; cost of license to use cigar machines operated under lease and
rights,
etc.,
royalty contracts (less reserve for amortization of $472,905),
deferred charges to operations, $244,561;
total, $31,752,080.
Liabilities—Notes
than
other
taxes
withholdings),
wages,
income
provision
$635,342;
estimated
for
taxes
on
$1,804,002; contingencies reserve, $468,000; insurance reserves,
income,
$500,000;
preferred stock ($100 each), $5,000,000; common stock
<472,982 shares, no par), $5,298,410; capital surplus, $3,899,658; special
7%
cumulative
capital
accumulated
reserve
earned
$1,000,000;
requirements of charter,
total,
$31,752,080.—V,
159,
to
pursuant
$8,684,626;
surplus,
1760.
p.
#
.—-
transp.
228
oper.__
$210,015
$231,683
$1,221,055
$1,278,439
181,886
207,786
1,060.155
1,161,989
$160,900
$116,450
$162,867
from
rev.
—V.
%% certificates of indebtedness, $250,000; other
current assets, $10,547; post-war refund of excess profits tax, $113,897;
fixed assets (less reserves for depreciation of $424,781), $1,113,730;
deferred charges, $33,361; total, $3,451,755.
trade, >369,518; accrued salaries and
payable, prior preferred stock, $3,915; ac¬
$36,636; reserve for Federal and State
taxes—1943 (less U. S. tax savings notes of $100,000), $354,596; other
current liabilities, $11,424; reserve for Federal and State taxes. 1944,
$495,000; reserve for post-war refund of excess profits tax, $113,897;
prior preferred stock ($25 par), $156,650; preferred stock ($100 par),
$825,000; common stock (9,900 shares, no par), $1; surplus, $1,027,268;
dividends
this
purchased a 155-acre plot
of ground, in Liverpool, fjve miles from the city of Syracuse, N. Y.,
and planned, when necessary materials are released by the Govern¬
ment, to build a new plant and make it-the headquarters for the
company's Electronics department, was tnade by Gerard Swope, Presi¬
dent,
August
that
company
had
1944,—V.
1,
160,
The
24.
t
,
Although definite plans' for the proposed plant have not been made,
preliminary arrangements call lor the erection of several bindings so
landscaped that it has already been suggested the plant be called
"Electronics Park."
See
also
V.
160, p. 983.
'
General Motors Acceptance Corp.-—Balance Sheetcomparative
Consolidated Balance
Assets—
Cash—
:
__
._
Canada
v
Other
U.
S.
bills
&
Accounts
tClaim
...
and
receiv.
notes
(less
Motors
406,874
607,247
63,766
221,590
31,319,757
deduct.)
wholly-owned
not
Exchange
Prepaid discount
5,009,558
4,941,818
4,902,170
9,158
9,141
9,141
Corp..
____
Chase
6,141
519,660
Gross
71,990
iii.tuM
155,092
Net
Net
ry.
84,074
;"f-
discounted.._
notes
and
9,000,000
ry.
257,529.500
—V.
discounted...
Motors
to
2,0541955
1,060,368
3,748,808
Corp.
and
-
and
2,339.631
190,000
taxes...
888,635
3,293.503
11 973 770
reserves..
2,875,524
8,036,753
17
other
646,603
876*537
bonds
———
46,000.000
50.000.000
5,000,000
5,000,000
7,000,000
......
30.930
30,930
349,350
.....
5,000,000
5,000,000
5.000.000
916,935
2!261,656
50,000,000
50.000.000
50.000.000
11.250.000
—8,750.000
11,250,000
8,750.000
11,250,000
8,750 000
19,925,600
20,671,407
—
...
Peso
...
contingencies
special contingency
stock
The
N. Y.,
18,
Com-
($100
tax...
par).
1
21,172,214
___
550 000
.
121,029.551
165,787,712 463,469,286
"Jo^Udi"pi i"sta!ments matiiring after one year.
I®1.9;;, I? a profits taxes wi^ adjustment of
ln ^on"ection
and excess
come
tDue May 1, 1946
United States in¬
paid for year 1941.—V.
General Motors
directors
from
Lammct
du
E.
Pont
du
on
158, p. 888.
Corp.—New Director—
Sept.
5
accepted
the
to Sept.
up
of
Henry
F.
sale
of
;
the
19.
••
V'. >
:v
■
of California—Extra Distribution—
de
on
Copeland.
Nemours
&
the
board
member
a
Co.-
of
and
the
in
his
finance
place
elected
committee
"
of
121,602
Federal
income
Federal
excess
A
total
of
Sept.
Aug.
15
1
paid
an
Net
for
360,000
been
r-m
Main
called
bo
for
m"'''1
"t.
payment
the
Oct.
"artfo'-i
1,
1944
National
at
St., Hartford, Conn.—V. 160, p. 536.
and
101
pank
&
"
330,000
50,000
'
in
1944,
'7
anticipated
for
taxes.
for debt
•—
$513,707
$538,285
195,462
195,462
232,256
232,256
$85,989
$1.10
$110,567
$1.18
increase
in
Federal
income and ,"
tAfter deducting $18,100 post-war refund and
retirement.
tAfter $3,800 post-war refund and
refunding.
provision
Note—Depreciation
-
*
$93,682
$1.12
share.
$10,200 credit for debt
$252,415
y
195,462
provision
credit
'
233,296
;
profits
""
$522,440
dividends
"Special
"200,000
63,269
—
dividends
Surplus
$302,191 in
Consolidated
the
six months amounted
and $296,559 in 1942.
for
1943,
Balance Sheet,
June 30,
to
1944
U. S. Treasury certificates and tax notes,
receivable (less reserve of $199,326).
$4,760,335;
investments and
other assets.
$2,205,881; fixed assets (less reserves for depreciation of $3,842,439),
$3,974,840: goodwill, $1; deferred charges, $447,176; total, $20,048,423.
Assets—Cash,
$4,512,544;
accounts
$782,812;
payable.
and
ties,
(trade).
$809,653;
accrued
interest
$349,967;
$292,248;
debenture.
1949,
$1,350,000:
$200,000;
3'/2%
sinking
fund debenture
due Sept. 1,
for retirement of preferred shares. $50,000;
$899,597; 6%
cumulative preferred shares (par
$6,515,400: common Shares (292,620 shares, no par ), S2.926,200;;
contingency
surplus,
423.-
>
■
reserves
reserves,
capital
-
payable
customers' deposits, $29,726; accrued payrolls and
accrued taxes, $165,666; ether current liabili¬
sinking fund requirements in respect of 3V2'<- sinking
$18,083;
fund
$100).
notes
inventories,
commissions.
1, 1967, have
interest.
Payment
Co.; trustee, 77T
' T>'■■■< ' '■
Trust
370,000
' *450,000
(net)_____
contingencies..
Earnings per common
Co.—Calls Debentures—
debentures due April
300,000
1126,000
taxes—__—_
_!
profit
Common
to
$70,000 of 30-year 3%
$1,438,285
-
extra
Electric Light
72,530
$1,263,707
taxes
profits
Other deductions
Provision
46,635
$1,121,709
Income
Liabilities—Accounts
on
record
13,624,095
$1,217,072 % $1,365,755
(net)
Income
Total
excess
1
•
class "A" and "B" common stock¬
dividend of 10 cents per share and
the regular quarterly dividend of 50 cents per share.
Like amounts
were also
disbursed on March 1 and June 1, this year.
The company
also on June 30 paid a 3% stock dividend on both issues.
Extras made
last year were as follows:
June 30, 25 cents in cash and 2% in stock;
and Sept. 1 and Dec. 1, 10 cents each in cash.—V. 160, p. 1863.
company
13,746,209
13,784,327
$1,000,107
Operating profit
cost.—V. 160..p.
The
1944
1943
1942
$14,784,434 $14,841,167 $15,111,963
...
depreciation..
and
expenses
$3,364,834;
984;[
be
to
sales
$31,900
Hancock Oil Co.
shares of cumulative preferred stock. $100 par,
specified by prospective purchasers along with
new
rate
The
Months Ended June 30—
Costs,
.
membership
Pont
120,000
Preferred
together with
bonds,
submitted must be for the purchase of all
Hartford
resignation
the
in
Co., which wili also submit its stock for redemption.
announced it would receive bids up to Sept. 11 for the
of the $10,500,000
bonds.
Bidders shall in each case specify the coupon rate to be borne
by the bonds which shall be a multiple of Va of 1%.
No bid will be
considered which names a price of less than 97% or produces an inter¬
est cost to the company of more than 4%
per annum.
Halsey, Stuart
& Co., Inc., Chicago, has agreed to bid at the sale for the $10,500,000
bonds a price which will produce an interest cost to the company of not
more than
4% per:annum, reserving the right to bid a lower interest
holders of
in
Commission.
Commerce
proceeds of
Each bid
Mexican
for the
bids
sealed
refunding mortgage bonds, series D.
167,917
,n10t®S:-""x
debentures
7%
inviting
and
called for redemption on Oct. 1, 1S44,
dividends.
the hands of the public 38,731 shares of;
company
Other
purchase of $10,500,000 of
The bonds will be dated
Oct. 1, 1944,- will mature Oct. 1, 1969, will bear interest at a rate per
annum
to be designated by the successful bidders.
The issue and sale of these bonds are subject to authorization by the
is
Company
outstanding 6%
announced that, the
31
accrued
outstanding
are
price.
6
181,351
160, p. 536.
first and
Aug.
and
366,049
201,482
1,648,246
for
Pont
408,060
379,915
14,583
!nr» !tS "
TTnflivfrtpH profits
?•♦
Undivided J?
I.
595,911
118,715
525,643
under
2l245'J50
The
413,051
income
6% and
stock, but only 245 shares of the 6% series are publicly held,
being owned by the parent company, American Gas &
dividend
Net
t
such treasury
cash as may be necessary, will be used to redeem on or before Jan. 1,
1945, $2,000,000 collateral trust bonds, series A, 3%%, due July 1,
1953, and to purchase for retirement $8,600,000 of company's collateral
trust bonds, series B, 4%, due July 1, 1958.
Bids will be received at company office, 500 Fifth Ave., New York
serial
menral
Total
1,141,919
Interstate
debt—
2%
Capital
1,296,579
938,863
________
repossession loss
term
for
1,569,436
471,294
_____
Reserve
1,665,098
year.
Interchemical Corp. {& Subs.) —Earnings—
1—-
682,508
interest
Accrued Federal
Res.
26,8§a;
299,727
military service purchase plan.
<1% k
23,172
620,459
Corp.....
customers
Other
i 10-year
66,327
General
this
proceeds from the sale of the new stock will be
applied first to paying a temporary loan obtained from five New
York
banks
amounting to $7,880,000, and tjip remainder for other
corporate purposes.—V. 160, p. 984.
57,103
5,829
....
1,
$174,343
55,782
.235,786
companies.....
Insurance
ctfs.
8 513 514
698,198
1
affiliated
Motors
2,027 027
1,471,320
payable—
General
990,991
311,712
Other countries
s
m;
$193,650
on
share
a
of
the
100.876
will
Manager,
Assistant
April
on
remainder
The
$246,155
income
oper.
1941
-
became
preferred stocks have been
7%
1,000,000
overdrafts
directors
$110
sale
53,161
railway
railway
from
1942
and General
Johnston
Vice-President
Preferred Stocks—
There
Earnings—
1943
Mr.
Assistant
and
984.
p.
the
Gulf, Mobile & Ohio RR.—Invitation for Bids—
term
loans
160,
7%
at
$245,390
railway
from
Net
(
debentures......
Eank
1942
the
railway
oper.
Net
t>v *«)."<;
Short
Dealer
from
Vice-President
been
Vice-President.
in
The
and The
York.
New
has
as
7%
:
1944
From January
Cunsdji-""
Long
of
Company
Manager—
Indiana & Michigan Electric Co.—To Redeem
1944—Month—1943
1944—7 Mos.—1943
$5,322,333
$4,970,986 $35,010,857 $35,313,961
July-
Gross
;•
payable—
notes
626.
p.
from
payable).
•
serial
Accrued
Trust
who
Mays,
—V.
and Commonwealth Bank,
Green Bay & Western RR.
1,000
1,005,721
121,029,551 165,'7,87,712 463,469,286
loans
160,
1,000
:■
Short term
Credit
Irving
R.
continue
subsidiary of Continental Motors Corp,
Sales
368,864
States—
other
and
F.
Manager
318,054
——
-Due
Bank
Period End. Aug. 31—
1,000
Liabilities—
Due
Illinois Central RR.—New General
Wayne A. Johnston on Sept. 1 became General Manager of this road.
the
169,633
deprec.)
charges
-
Accounts
National
.
the
due,
:v.
Detroit—"V Loan"—
National Bank,
This company is a
—V.
.....
(less
(notes
deferred
1%%
:r...
1933
_
principally
was
Electric
__
and
...-V- ■■■■." t'.Ht-t-.;■; v--Vi;
'
in
requiring the issuance of securities, either as now proposed or similar
thereto," it would have the right to make application for permission
to issue them.—V. 160, p. 984,
(H. L.) Green Co., Inc.—August Sales Rose 7.1 %—
Finanzierungs-Gesell-
investments
United
1943
$3,361,904
1944
$3,922,321
date."
Mulford, President, on Aug. 31 announced that
Manufacturers
The
3,281,382
*
issue
Commission added, "to the fact that
petitioner (the railroad) has not been able to obtain on the mar¬
ket a price of more than 80% of par for the bonds authorized; nor
does it seem probable that at the present time or in the near future
the petitioner will be able to exercise this authority."
"It further appears that there has not been and it does not appear
that there will be in the near future any appreciable construction or
additions to the petitioner's plant and equipment which will require
the issuance of the bonds in question,"
' ,
The Commission said that in the event the road had "definite plans
this company
has
concluded
arrangements for
a
$12,000,000
regulation V loan
through The Detroit Bank.
These funds will be used to provide or
replenish working capital in connection with the company's war pro¬
duction
contracts.
The credit which will run to July 31,
1945, is
guaranteed to the extent of 90% by the Navy Department, for which
the company has been the principal supplier of marine diesel engines
for landing craft since Feb. 28, 1941.
Interest will be at the rate of
3% per annum on sums borrowed.
A commitment fee of V* of 1%
will apply
on
unused portions of the credit.
Associated with The
Detroit Bank
in
the financing
are
The National Bank of Detroit,
sub¬
Corp._______
Company automobiles
Notes
2,487,408
ft
■
■
Gray Marine Motor Co.,
John W.
._
107,091,538 413,718,638
•
bond
proposed
Dec.
the
w
'
it
to
This
16%%—
_
—_
626)
p.
Av
consolidated-
schaft
Total
47,838,220
.1
160,
the
approved
which
extensions of time on the issuance of the securities,
31, 1943, said in a decision the railroad "has
necessary or feasible to exercise the authority (to issue the
expiring
not found
2,937,688
of
Allgemeine
,
g
•
47,640,782
920,392
Insurance
General
Other
38,729,592
receivable
sidiaries
Other
g
19,019,415
"H;157,302
__%•
_.—_•
Investments
1942
-1943
.
$
>/..?. 360,058
____
bonds
,
June 30
15,993,684
_______
___,
countries
Treas.
"Notes
1944
-v-vy;-.
!■'■■■' ■
'■■■
United States
Sheet,
...—.....it
Sales
—V.
Commission,
last
bonds)
Reem 7% Stock—
'*
Aug. 26—
its
the
626.
p.
Grand Union Co.—Sales Rose
4 Weeks Ended
be
and granted several
company
the
that
Nov.
to
will
Payment
mortgage 5% bonds has been denied
of Public Utility Commissioners.
General Electric Co.—To Build New Plant—
Announcement
interest.
application of the company for an extension of the time limit
authority to issue $3,817,917 worth of first lien and refunding
by the New Jersey State Board
The
on
will redeem on Nov. 1, next,
all
of its
outstanding 7%
cumulative preferred stock at $110 per
share, plus accrued dividends.
Payment will be made at The Com¬
mercial National Bank & Trust Co., 46 Wall St., New York, N. Y.
Holders ot said shares may surrender their certificates at any time
prior to date set for redemption and receive $110 per share, plus
announced
15-year
mortgage
have been called for
1955,
Hudson & Manhattan RR.—Denied Time Extension on
provision has been made for the renegotiation of 1944
sales; it is believed that any adjustment required would
in relation to profits.—V. 160. p. 626.
Gotham Hosiery Co., Inc.—To
is
first
$98,000
1,
and
Bond Issue—
be insignificant
It
Redemption—
taxes,
total. $3,451,755.
Government
•
.
4%. sinking fund bonds
redemption as of Nov. 1, 1944,
made through the > operation J
of the sinking fund at the Maryland Trust Co.,
trustee, Calvert and
Redwood Sts., Baltimore, Md.—V. 159, p. 1148.
of
Sept.
102
at
dividend
$57,851;
miscellaneous
223.
p.
total
A
due
Liabilities—Accounts payable,
wages,
160,
$23,897
$28,129
revenue
Houston Natural Gas Corp.—Partial
tories. $967,180; U. S.
crued
f-t
...
inven¬
receivable, trade, $568,024;
$395,016;. accounts
Assets—Cash,
1,418,011
$232,296
Dr613
Net
Sheet, June 80, 19-14
Balance
$1,273,271
5,168
$209,787
other than
Rev.
453,600
—'
.
_.
_
$1,218,415
2,640
transp.
rev.
Net
Mote—No
$3,900,000;
accounts
payab'e (trade),
commissions, etc., $139,808; accrued
taxes,
and other accruals (including tax
payable,
salaries,
accrued
$422,234;
$93,671;
income
Net
$2,691,282v
from
expenses
Deductions
Earned surp.,
$3,127,118
1,908.703
$615,867
—->—
taxes..
1944—6 Mos;—1943
$471,035
238,739
$528,350
318,563
Net
Ended June 3(1, 1944
______
proiits
excess
1944—Month—1943
trans¬
____
Operating
Financial
571, and also below In this Issue.
in the "Commercial and
after charges..:
profit
from
rev.
portation
•
.
$1,527,474;
earned surplus, $4,914,309; total, $20,048,-
.
Subsidiary Changes Name—
The
Murphy Varnish Co., recently acquired, has
and'has changed its
name
to
become a subsidiary
160, p. 729.
Murphy Finishes Corp.—V.
Volume
108!
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4315
160
Balance
•■
Interlake Chemical Corp.,
The
^
Iron
Corp.
Central Process Corp. of Forest
wholly owned oy Interlake
Great Lakes Steel Corp.,
ana
division of National Steel
a
"
'
■
'
'
' "
.
Process Corp. has developed a line of synthetic resins
material's for the aircraft, insulation, plywood, radio and
'
Corp.
"
plastic
The directors
the
on
International, Detrola Corp.—Earnings—
,
J.
Net sales
•Net
,
Earnings
per
share—^.-r—r—---r—-——
.
„
_______
;V;
.' '.•:'
of $2.50 cumulative
plan adopted to
declared.—V. 158, p. 2254.
under the
provision for Federal taxes on income and excess profits but
renegotiation.
The ligures were after voluntary price reduc¬
of $235,000 on military' contracts by Detrola Radio
Division,
'
/
,
v
.
tions
part of the company Jan.
which,became
months operations thus were
seven
1
The
$59,649; advance rentals, sales of advertising space, etc.,
provision for Federal income ,and excess profits taxes, $465,for contingent hockey-expenses, $10,000; capital stock;
(268,900 shares, no par),; $2,798,259; capital surplus, $144,791; earned
surplus, $1,429,041; capital, stock in treasury (36,000 shares, at cost,'
£r$5C4,189; total, $4,541,173.—V. 159, p. 1449.
.
■
p. 224.
"i
—
Organized-^Stock
-
/
.•
•
°
.
•"*///////
bonds
.
(Excluding Canadian Subsidiary)
^
1942,
3 Mos. End. June 30—
-1944
1943
•Net.profi/__L_:
$364,609
$232,476
fEarns.. per. share
■
$3.04.
$1.59
-4 * Af tef depreciation, Federal income taxes, etc.
—
>
1943
quarter ended June 30
and $377,800 in 1942.—V,
"
■!'-
1
.
"
,
$1.47
$3.03
'
'*
■
'
>
159, p. 2198.
* ;''u
h
•"
t
'
*
r-% ' 1
/
profits
excess
taxes
1, 1 ' /•
«
•(/'
>"
Sales
J
_•_
board
directors.
of
' "
- '
shares issued to vendors are held in escrow subject
to proportionate release based on the release of one share for each
two treasury,shares disposed of by the company.
The board of directors includes: Bert W. Lang
(President), W. F.
James-(Vice-President), Peter J. Roch^ D. R. Michener (SecretaryTreasurer) and R. J. MacDonald.* The company's head office is located
at 372 Bay. St., Toronto, Ont., Canada.
vv „
i - (
The Chartered Trust & Executor Co. is .transfer agent and registrar,
and bankers are The Imperial Bank pf Caflada.
* *
t-V.
iesigned.—V.
;
'
a^ special meeting Sept, 25
retirement plan for employees whose
sive of overtime, bonus or other forms of extra
excess of $3,000 per annum.'
No director who is
contributory
employe^
salaried
will take action on
basic salary, exclu¬
compensation, is in
not also a full-t'me
the
retirement
income
Net profit
-
1943
1944:
$3,418,436
+2,385,000
June 30—
6 Mos. End.
Federal
_
taxes—
$1,033,036 // $900,914
_
share—.1—
per
sales and
Total
revenues
business:.,
Costs of doing
1941
$1,773,527
949;320
$624,207
$1.26
July 15,'44 July 17;'43
$30,300,253 $28,792,234
-
-
Wages, salaries and bonuses, etc.—
Products purchased plus services and
5,390,519
4,903,619
22,594,234 21,862,228
Depreciation
——L-——-l' * 243,241 279,401
Maintenance and repairs-ii—
«.
149,819
• 118,708
Doubtful accounts charged to operations———
92,113
113,941
Contingencies and inventory valuation reserves
100,000
100,000
Estimated Federal taxes on income
—
470,873
333,328
State, local and all other Federal taxes——655,281
623,956
■
Net earningS—i—i—.!
•
Common
-
•
•
t
Assets—r-
•;
"
■
.
'
securities —■;
receivable,
inventories i
._——
:———
less reserves
Accounts
—
assets—
—
—
——
(net)—
assets
Goodwill
'
5,448,465^6t399
1,014,474
3,402,389
—
——
1
———
——
of Chicago, according to -an
by officials of the two companies.- '
As
'■
i———
Liabilities—
Accounts
$1,201,071
$1,301,292,
1,218,095
172,523
1,000,000
845,867
264,539
1,000,000
5,000,000
5,770,073
2,493,334
dividends
notes
tax
51,425
less
i
.
accrued
Other
i
payable—-—:
and other taxes accrued,
State
Federal,
—,—-
items
:
Reserves
—-
5,000,000
5,770,073
3,033,585
Dr226,669
cumulative preferred stock ($J00 par)—
stock (560,000 shares, no par)—
4(4%
Common
;■
surplus—
Earned
.
Stock in treasury at
,
Total
—
—
cost
/»—V. 160,
985.
p.
Drl'73,252
tended—
-
'
\
Kanata Realty Co., Inc.—Time
*
51,983
$17,220,103" $16,553,836
_
;
i
•
<
Keystone Custodian Funds,
corporation,
This
as.
trustee,
Inc.—Special Payments--
announces
a
represents the regular distribution and 60 cents a share is a special
distribution out of realized profits.
The total distribution on the
"SI" shares includes 50 cents a share as a regular distribution
and a special payment of 50 cents a share out of realized profits.—r
series
•;V.
160,
536.
p.
.
Lambert Co.
iountry.CiTtie''sales-: Md 'engineering-staffs of- Whiting will be, incor¬
porated into the "new company.
•'.>./
$1,117,492
i
Prov.
Fed.
for
and
-:
excess
stock, par $1, payable Sept. 30 to holders of record Sept.
was. disbursed on April 10 and June 30, this year,
amount
like
June 28, Oct. 4 and Dec. 28, 1943.* Robert E. Gross, President, stated that the company's policy
vote
dividends from time
to time as conditions warrant.—V.
March
on
$1,340,332
1944—6 Mos.—1943
$2,395,395
$2,571,848
and
minority
in subsidiary—
Net
income
577,338
811,752
1,248,268
1,463,110
$540,154
$528,580
$1,147,127
$1,108,738
$1.48
"S-'h bonds due -1974 aire now ready for
bonds at The Chase National Bank
York; 11 Bfoad St., New York, N. Y.—-V. 160, p. 628.
Definitive" first-mortgage
.
delivery in Exchange for temporary
of the City
of New
per
"After
com.
charges,
and minority
S0.70
$1.53
before^ Federal income and excess profits
sharebut
$0.72
interest in subsidiary.—V. 160, p. 12.
taxes
Sales Increased 11.4%
McCrory Stores Corp.—August
1944—Month—1943
1944—8 MoS:—1943 ;
$3,766,526
$5,176,217 $41,858,168 $40,515,840
Period End. Aug. 31
Sales
The
as
number
operated 202 stores in August, 1944, the same
corresponding month in 1943.—V. 160, p. 628. '
company
in the
$5.73
$4.82/ "
12 Mos. End. July
•Net
profit (est.)
Earns,
per
share-
com,
Federal
•After charges,
in
1943 and 1942.
1944.
the
Note—For
12
'1943
1944
profits taxes totaled
$1;451,917 in 1942.- "
$2,898,706
in*- 1944V"$2,"601,100
i6'0,
—V.
>
^
p.
628."
:
amount to $116,286
1942 and $116,126 in 1941. '
in the above summary,
included
*
The net profit
(2)
and
in " 1943,
.
Corp.—Annual Report—
$4,257,004
3,094,657
$1,162,347
Miscellaneous
Total
Cost of
income
19,947"
__
$1,182,293
income
1941
1942
>
$2,990,897
$3,285,116
2,383,269
$3,306,640
r
2,322,961
.
31
Years Ended May
1943
1944
Operating revenue
Oper., gen. & adm. exp.
2,260,836
$901,846 / $649,061
20,135
16,665
$933,679
". ?.
25,771"
other
and
ments
and
office
funds,
$1,151,273;
assets,
property,
43,933
for
inc.
Fed.
tax.
~8~543
2/240
24,702
116,310
+429,000
139,430
•469,200
$315,171
Prov.
depreciation-
$934,743; accrued liabilities,. $192,991 v
taxes on income, $2,615,981; reserve for,
cumulative preferred stock (par $10), $1,700,000; common stock (165,000 shares—no par), $550,000; earned sur-'
plus, $8,360,647; total, $14,561,363—V. 158, p. 2523.
/
/
foreign
State,. and
contingencies, $207,000; 1%
Outst.
$332,184
.
*
150,7.27
119,330
Earnings per
$385,586
$355,544
*
*
319,125
295,544
258,349
245,674
232,500
243,300
246,500
$1.35
$1.36
$1.44
■
-
shares-
share——-
profits tax (less post-war refund
of $259,200.
tlncludes excess profits tax. iIncludes excess
$26,000 credit for post-war refund, $234,000.
-
"
$1.44
of $28,800)
profits, less
Statement—Corporation reports for the three months
31, 1944, the fourth quarter of its fiscal year, a net profit
after depreciation and other charges, including provision
for estimated Federal income and excess profits taxes, as compared
with a net profit of $100,795 for the corresponding quarter of the
preceding fiscal year.
Quarterly
of
$52,877,
plywood distributing warehouse has been
Ga., by U. S.-Mengel Plywoods, Inc.,
the chain being established by this
warehouse
established at Louisville, Ky.
was
expansion program calls for additional plywood
in other cities, according to L. B. Olmsted, ViceManager of the jointly-owned enterprise.—•
company's
units
The
160,
General
and
President
;
629.
p.
Merchants
/
Contract—
- •
•
*
Corp., Terre
Distilling
'
»
-
Haute, Ind.—New
♦
/:
.
President; recently announced that this corporation
had completed arrangements with the Southern Comfort Corp. of St.
Louis, Mo., on Aug. "19, for the production of "Southern Comfort"
liqueur, which for the past ten years had been manufactured only
by the St. Louis concern.
"
,
'
Mr.
Dunn
stated
that, production
would start rolling from his
W.
C.
Dunn,
.
'
company's lines not later than Sept. 10, and that a large quantity of
beverage spirits to stake care of requirements for the production of
''Southern Comfort" have already been produced and stored during
August holiday
the
155,
1410.
p.
granted distilleries by the War
Production Board.
*
-
....
ganization of "Soo Xirie"
155,732
►
+390,000
238,674
i'-'-i
common
Warehouse—
opened in Atlanta,
marking the third warehouse in,
company jointly owned by Tho
Mengel Company and -United States Plywood Corp.
In August, a
warehouse was opened in Jacksonville, Fla., and in January the firsS
new
Final
the
Soo
and
profit
and equipment;
Liabilities—^Accounts payable,
;
Federal,
—V.
32/813
deductions
for
plants,
..
/
RR.—Reor¬
Minneapolis, St. Paul & Saulte Ste. Marie
burning equipment
Prov.
$1,375,422; marketable
(net),.$4,056,826; good .will, $1; trade-marks, patents, and formulae
(at cost, less amortization of $21,502), $7,576; deferred charges, $286,395; total, $14,561,363.
V/v.;
^
.•-•->
convert, to coal
Other
the'
$669,196
$918,511
$1,009,450
equip-*
in 1944,
'./
includes $59,889 which represents
for 1944
deposits
Assets—Demand
distributing
1944—Month—1943
1944—7 Mos.—1943
$3,120,125 $2,874,273 $20,459,590 $19,284,417
"
! ;
Comparative Income Statement for the
profits
profit of Canadian and Mexican subsidiaries which have been consoli¬
dated on the basis of the official rates of exchange in effect at June 30,*
1944.
■
v-': ■'■
: ;
:V./ ,h/: /
Consolidated Balance Sheet, June 30, 1944
V.
Madison Square Garden
-
.
after
for depreciation of property, plant and
Notes—(1). Provision
$127,574 in 1943, $120,864 in
(
'
Period End. Aug. 31—
;
$18,264.
/HFederal normal income and surtax, $423,000; Federal excess
and excess
•August Sales Increased 8.6%—
Sales^
$269,000.
fax, $1,274,000; foreign and State income tax, $102,570, total, $1,799,-less post-war refund, $144,700 and prior year overprovision, $442..
,
-
months ended July 31, Federal income
$4.75
$3.46
570,
A
194^
1941
$1,244,684 $1,377,371 $1,285,412 $1,200,238
$1.45 '
$1.63
'$1.50
$1.39
income taxes a$d Federal excess profits taxes
31—
.
Federal excess profits tax,
$134,600; Dominion and-Provincial tax,
Mengel Co.—New Distributing
;/McLe 11 an Stores Co.—Earnings—
•
_
profits taxes of approximately
securities,. $519,150; accounts receivable (less reserves for discounts .and
doubtful accounts of $58,060), $953,663; inventories, $6,211,058; invest¬
Louisiana Power & Light "Co.—Definitive Bonds—
-
$289,996"
_
profits taxes of $149,992 and
deducting overprovision for prior year's taxes of $9,396.
•
*
ended May
Earns,
is to
159,
$365,142
.
$After post-war refund of excess
2522.
p.
"Includes Federal excess
'taxes'
the
16.
and
29,
Dividends
income
profits
int.
•
share has been declared on
interim dividend of 50 cents per
An
common
A
59,500
495,000
V':'
..
excess
i—■
$844,490
59,500
206,250
"""""
-
/
/
———
$630,892
-
$533,072
$384,033
stk.
com.
tFederal-and State income taxes, $285,798;
/
98,234
+438,662
59,500
? '412,500
412,500
:
shr. on 165,-
and surtax,
ment,
Dividend^—
59,500
I
•Includes, Federal
:
.88,150
„
—
$1,005,072
——
shrs.
.
i
~
,1 $856,033
iv"i (no par) u*-
.
Net
1944—3 Mos.—1943
Period End. June 30consol. profit
•Est.
—
/'■ Lockheed Aircraft Corp.—'50-Cent
;
(& Subs.)—Earnings-
Surplus
000
24,045»
$1,381,393.
Cr65,000
divs.
Earns, per
20,321.-
-
reserve
profit
Common
15.326
—
•759,097
25,631
Preferred divs.
111., and
$1,357,348
$1,478,130
$1,768,257
Reduction in
will be formed, to be
Lidgerwood); as Treasurer. plants in Elizabeth, Newark, and Superior, Wis.,"
now
largely
engaged in war production, principally manufacturing
heavy marine equipment, will produce the stoker line.
The Whiting
stokers were designed and engineered by the Whiting Corp., Harvey,
111.,-: and- the Butler line by the' Butler Manufacturing Co., Kansas
City, Mo. ' These and the other lines have nationwide acceptance and
together, constitute an important part of the stoker'production of the
semi-annual distributions
a share on the Keystone speculative bond fund series. "B4'V
share on the Keystone quality common stock fund series
"SI".
The distributions are payable Sept. 15, 1944 to shareholders
record Aug. 31, 1944.'
Of the total distribution on. the series "B4" shares, 40 cents a share
$1
company
new
19,167
•
——
foreign
S.
Retroactive wage incr?—--
Net
23,609/
inc..taxes—HI,654,428
U.
State
&
Lidgerwood
The
;? totaling $1
and
a
for
Prov.
.
1
$1,462,813
_/$2,5.58,949, $2,733,96l",
deductions
Other
-
_J
26;947;
V:
——r
"477,992
308.82U
470,413
355,123 '
- -
$2,710,352
$2,532,003
$2,800,033
655,866
$3,019,328
" 730,980
883,079
477,654
454,100
'156,988
"
142,766
comp._
Totai income
of
urer
For Sale of Sites Ex-
'
The Securities and Exchange Commission has extended the period
in which the company may complete the sale of undeveloped power
sites to the Northern Development Ccrp., and its other properties to
the Central New York Power Corp., both of Syracuse, N. Y., accordingto an Associated Press dispatch.—V. 160, p. 119.
v.
Other income
.
with head offices in Chicago,
Whiting Stoker Co.,
*
payable—
Preferred
$17,220,103 $16,553,836.
;„/*r y.i-IT-
J.—
to'.operate as an affiliate of Lidgerwobd.™. Officials .will be L. D.
Tenerell'(President of Lidgerwood), as Chairmaa of the board; .W. G.
Schalscha (Executive Vice-President of Lidgerwood), President;" A. E.
Bottenfield'' (General Manager of the present Whiting Stoker Co.),
Executive Vice-President and General Manager; and G. L. Reeh (Treas¬
1
'
.
result of the acquisition,
a
known, as'
■
% Total
'
1941
1942
1943
$4,682,172
z.'' : " ■■'—,—t
announcement made
Stoker Co.
Whiting
3,826,067
charges—
Deferred
Capital
103,962
362,297
$0.62
5,997,086
319,036
1,039,284
•
Subs.j—Earnings—
438,203'
•
Operating profit
acquired the manufacturing and .sales rights and. all interests, in
the Whiting and Butler stokers, Whiting horizontal compression feed
stokers and Continental stokers which are now manufactured by the
$457,053
July 15, '44 July 17.*'43
$2,469,693 $2,373,449
3,524,481
3,494,782
468,133
350,199
*
.
banks and on hand
in
$0.88
Comparative Balance Sheet
'
Marketable
Other
$604,173
—-
share————————.—-
Earnings .per
Cash
rents
dividends--—
—
102,847
dividends——1.——.——278,766
Preferred
add'l
Undistrib.
Jl-year old manufacturer of heavy construction and
machinery, and tunneling and mining equipment,
This company,
tlncludes provision fbr con¬
/'".'"
Ended—
28 Weeks
exp.l—'
gen.
$248,000
$1.03
$178,000
$0.74: '
'
^
1944
profit from sales$4,538,847
Shipping & selling exp. J :v 1 945,591
Advertising
" 480,284
&
1—
«>
July 18, '43
$6,099,920
• 9,300,000
918,000
670,000
■ :
j
Gross
Admin.
658,000
480,000
■
—
share.—
•
J.; '
.
Mead Johnson & Co. (&.
has
Inc.—Earnings—
Jewel Tea Co.,
*
$706,974
$1.06
■
$1.39
$1.61
•On 593,865 shares of common stock,
tingencies.—V, 160, p. 432.
•Earns,
1942
$2,306,975
1,600,000
$3,050,914
+2,150,000
Co.r Elizabeth/ N.
Manufacturing
Lidgerwood
Coal Co. (& Subs.)—Earnings—
Net before taxes—
159, p. 1975.
6 Mos. End. June 30—
Acquisition—
marine-^.auxiliary
••/-
(est.)-
———j
profit
Earnings per common
.
;
present nine directors would so qualify.
Maximum annual
allowance under the plan is $10,000 and no present employee would
receive the maximum at the retirement age of 65.—V. 160, p. 729.
/ Island.Creek
Net
14,228-,000
all charges, but before taxes
.
is eligible, and only two_ of
of the corporation
k,
~
The. 1,200,000
..
Streifler,
W.
'•
'
stockholders at
The
500,000
properties.
Retirement Plan—
Intertype Corp.—To Vote on
*
succeeding B.
mining men
shares
of
group
treasury
office,
New York buying
160, p. 627.
the
of
ager
,
elected Vice-President and a member of the
He was also appointed General Merchandise Man¬
Coleman has been
Ira J.
July 16, '44
—
& excess profits taxes
inc.
Fed.
Lac
•
/
.
vi $7,664,000
orders
Profit after
Long
and
and their associates.
There remains in the
for further financing or acquisition of other
a
Vice-President—
New
Unfilled
'
/
r
:
Corp.—Earnings—
' '
*
sales
Net
Broulan Porcupine Mines, Ltd. (20%), Roche
Gold Mines Ltd..(5%), Conwest Exploration Co., Ltd. (5%)
includes
160, p. 986/
29 Weeks Ended—
at 20 cents per
additional-) 1,800,000
group
to*■ deliver
on
(W. L.) Maxson
making "available $100,000 and an option has been granted on
shares which if fully exercised would make
available to
thetreasury an
additional $1,040,000.
The financing
1944—Month—1943
1944—7 Mos.—1943
$3,324,028 $3,011,279 $22,263,799 $22,425,755
Period End. Aug. 31—
has
company
call.—See V.
of
total
A
Seeks To Turn
—
applied to the California RR. Commission for
its operating-properties to the city .of San
Sept.-29.; The company also requested approval for a*
$2,000,000 temporary bank loan to assist in meeting the Oct. 1 bond"
The
permission
Francisco
belt of sediments. >>
claims were acquired from R. J. MacToronto and were staked on their
18
Woolnough
J.
J.
Ry., San Francisco
Street
Market
share,
• ■
Inc.—August Sales—
Interstate Department Stores,
■
and
by their field representative early in July.
of 500,000 shares have been underwritten
behalf
an
v
of
MacDonald group
The
Donald
fund gold
of Oct. 1#
and
101
at
Properties Over To City On Sept. 29—
the Larder Lake-Kirkland Lake-Matachewan
.tOn 91,198 shares, of
for
aggregated $1,123,100 in 1944, $612,500 in
and
income
Federal
for
Note—Provision
the
$363,603
■
(par $501.
stock
common
1941
•
$221,854
.
:
$60,000
interest. . Payment will be made at the office of
Brown Bros.",' Harriman & Co., 59 Wall St., New York, N. Y.—V. 160,p. 13.
next,
-
International Silver. Co.—Earnings—
Called—;
of first mortgage 6% 20-year sinking
due April 1, 1947, have been called for redemption as
of
total
A
*
'
s
This company was recently incorporated under the Ontario Com¬
panies Act with an authorized capital of 4,000,000 shares without par
value
and
has
acquired the Roche-Lang < discovery group and the
MacDonald group of claims in the new Midlothian-camp.
>
According to the announcement this company has ^ acquired, for
1,200,000 shares and $15,000, the-two groups totalling 45 unpatented
claims, or; approximately 1,800 acres located in Midlothian Township,
Montreal-RiveC Mining Division,'The property, which is approxi¬
mately 16 miles west of the Young-Davidson mine at Matachewan
and about 40 miles south of Porcupine, is located on the extension of
.
,
$22,838,494.—V. 160,
-
reserve
,
Midlothian Mines Ltd.
'
Underwritten—
included.
backlog 01 unfilled orders on July ■: 31 was
•
accrued taxes and other ex->
$95,166;
Marion Steam Shovel Co.—Bonds
I.aroma
?
and for which only
1944,
l,
$58,825; total, $4,541,173.
$47,227; other operating expenses, etc.,
087;
available for the pur-,
preferred stock of no par value on tenders,
retire this'Stock" as common dividends are
.
refund of
post-war
1, 1954, at cost, $50,000; properties, at cost (lesj
for depreciation of $3,152,274), $2,680,276; taxes and insure
$43,368;
>4After
before
estimated
$35,785;
inventories,
profits taxes, $54,800; U. S. savings bonds, defense ser¬
penses,
each were
v
•
announced that $28,317 was made
It was also
chase
1,142,274
$2.33'
profit
excess
Liabilities—Accounts payable,
.
$10,
par
preceding quarters, distributions of 15 cents
In
made.
•
stock,
banks and cash 'on hand, $1,287,465;
series C, at(par and accrued interest,
(less allowance for doubtful accounts of
G, maturing May
ance,
declared a dividend of 20 cents per share
payable Sept. 15 to holders of record
Aug. 31
on
common
5.
Sept.
"Nine" Months Ended July 31, 1944
l
\Ji
$23,366,560
for
•*•'-. Earnings
accounts receivable
$26,494;
$1,721),
federal
ies
1944
May 31,
Sheet,
Treasury tax savings notes,
S.
$300,300;
Sessions Co.—Dividend Increased—Tenders
Lamson &
^
plastics industries.—V. 460, p. 536.
i
U.
allowance
Central
Tne
and
recently declared on the com¬
mon stock, par $10, payable Sept.
12 to holders of record Sept. 1. This
compares with 20 cents paid on March 10 and June 12, this year.
Payments in 1943 were as follows: March 12 and June 12, 20'cents
each; and Sept. 13 and Dec. 10, 30 cents each.-r-V. .159, p. 843.
in
deposits
Assets—Demand
dividend of 30 cents *per share was
A
The Interlake Chemical Corp. is
Park, 111.
30-Cent Dividend—
*
producer of chemicals recovered from
coal,'has acquired
of
distillation
the
(J. B.) Kleinert Rubber Co.—Pays
Expands—
Interlake Iron Corp.—Subsidiary
steps
Line
directors of the
Marie
Effected—
toward consummation of the plan of reorganization of
effected on Sept. 1 by the election of the officers
were
new
RR.
-
company,
•-.••-•.
Minneapolis, St. Paul & Sault Ste.
*
•
Coleman, Montreal;
LaLiberte, Duluth;
C. G. Parker, Neenah, Wis.; Joseph Chapman,
P. V. Eames, H. C.
Grout, F. T. Heffelfinger, C. T. Jaffray, H. S. Kingman, H. S. Mitchell,
J. S. Pillsbury, L. E. Wakefield, G. W. Webster of Minneapolis.
The officers elected by the directors were: H. C. Grout, President;
J. L. Hetland and C. S. Pope, Vice-Presidents; P. J. Stock, Secretary;
C. H.
Bender, Treasurer; -and J. E. Olson, Assistant Secretary and
The
J.
E.
following were elected as directors: D. C.
Blunt and H. B,--Vanderblue, Chicago; H.
Assistant
Treasurer.,
on Sept. 1.
"ons'^t nf
$20,129,000 general
Operation of the property by the new company began
The
securities to be issued bv t*e new comoa""
$8,051,700
first
mortgage
30-year
4!i%
bonds,
7
mortgage
bonds,
4%
50-year
StOCk.
• •'
719,104 shares of no
and
■'
'
+'
■
•
'V
i..";
plan
•••'
under
with
agreement
an
g
160, p. 329.
g
..
.
•
Aug. 28 declared
Agency
holder's
The
mission
1943
1942
1941
$145,238
$105,763
54,454
income—
26,726
22,293
60,034
43,275
33,566
22,043
ry.
oper.
Net
from
ry.
—V.
1,283,220
499,478
1,004,473
828,046
280,711
209,633
227,242
174,546
187,265
115,070
July—
v
from
Gross
Net
from
Net
ry.
Gross
from
,
—
income—
January 1—:
Net
from
Net
ry.
-
1943 %
$179,374
$233,360
82,738
34,146
railway
railway
oper.
From
,
' 1944
•
,
^
.
railway—<
/
,
income—
"Deficit.—V. 160, p. 569.
62,042
position
11,793
*27,718
-909,826
154,626
35,272
47,783
Fla.,
possible.
.
La.
Orleans,
New
■•'»
Missouri Southern Public Service Co.—Sale—
Electric Co.
See Associated
...
^
-
-
The
schedules
to
are
National
See
Monsanto -Chemical
•
^
Co.—Earnings—^
sales
Net
sold—
—^
Selling and admin..expenses__•—
Research
1943
—?
*1942
.
——£
expenses
29,687,322
2,786,761'
28,868,420
2,432,673
1,108,974
1,003,776
$7,633,356
$8,133,764
-
•
18 years.
Mr.
Net? profit
v
Other
operations.^—
from
income
8359,122
———
$8,459,233
i
689,775
-
income
Gross
Income
-
Excess
$7,992,478
I-
taxes.(est.)
profits, taxes, (est.)—14,265,338
taxes
(est.)— tJ,
Probabler additional,
Allocated
t4,496,500
-
,ti:
1,605,000
'
■
1
1
Total
$2,164,828
8,280
■■
■
■
■■■
•
-
effective
-
deductions
Provision for Federal
$2,884,043
The
provisioa for amortization,
six
months
in
1943,
ended
June
30
and $1,976,782
in
to
$2,569,356
in
Common
involved
earnings
in
the
acquisition
1944:
1942.
been
"Includes
.
considered
in
arriving
a
of Monsanto of Brazil, Inc., a wholly owned
plant at Bahia, Brazli, began in July, 1944.
Comparative
-
Consolidated
Assets—
_
Balance
U.
Government
securities—
less
and
Inventories
;
Investments
subsid., not consolidated
Investments in assoc. companies, at cost-Miscell. investments, receivables and
depositsPost-war Federal Income tax refund
812,106
903,423
equipment
Patents
and
Deferred
~
—
1
g Total
payable
income
tax
banks
of
Forest
Oil
holdings,
stock
properties
of
said
Series A
Series
$4
B
——
—
BraziL.
—
_
„
Common
Paid-in
stock
(par
5,000,000
stock,
series O
-
$10).
surplus
Earned surplus
——__—
Total
5,000,000
11,000,000
12,678,680
11 000 000
Forest
deducting
$11,534,595 in
U.
S.
Treasury
tax
notes
11.374,032
of
of
1943,
in
1944
Note—Investments in subsidiary companies at June
30, 1944, include
$1,672,902 representing the value of net assets of I. F.
Laucks
Inc.
and
I.
F.
Laucks, Ltd., .the entire capital stocks of which
companies
acquired as of June 1, 1944, in exchange for 26,174 shares of
^Monsanto common stock.
The excess of $1,411,162 of the net assets
.were
of
the
therefor
companies
was
acquired
credited
to
over
the
par
value
of
the
paid-in surplus.—V. 160, p. 987.
shares
and
$21,184,674;
Petroleum
recently
159,
25%
bought
which he
Corp.,
its
of
all
the
heads.
also
—.
had
.
held
shares of Niagara
6.500
about
Illinois,'KarTsas,' Oklahoma
Corp.
3,930 shares
Oil Corp.
of
Forest
stock.
common
Pe¬
-(Buf¬
2235.
p.
the outstanding
first mortgage 4J/2.%,. sinking fund loan cer¬
1952, have been called for redemption as of Nov. 1,Payment will be made at the Manufacturers
45 Beaver St., New York, N. Y.
The- first mortgage 2Q-.year. 6% sinking..fund
Fifty Five Fifth Avenue Corp. dated Nov. 1,
240,800
the
Manufacturers
fund
loan
be presented
40,350
•
"
82,000
$306,615
50,066
after
$289,083
52,634
-
$207,079
certificates
one
102,445
A
102,445
$1.02
deducting
accrued
$92,203;
preferred
$1), $204,891; capital
total, $14,806,499.-
,
'•<
r
a
distribution
surplus,
„
Federal
$811,761;
and
other
dividends
were
' '
/
.
company's
kwh."
Sept.; 1,
This
of
is
which
at
There
Canada
Noma
12,761,670
kwh.
for
10,772
the
for the
directors
cents per
of
record
,,
-
0.084%,
week a
or
Sept.
1
week
is
corresponding
reported
at
104,843,000
Net
29
Aug.
on
share
Sept.
share.—V.
Electric
in
declared
quarterly
a
cash
dividend
of
A
159,
issued
capital
2306.
p.
•
from
year
Nov.
26.—V.
'
were
of
payments
159,
on
cents
25
2639.
p.
made
April
each
15
and
June
made
were
15,
on
>
this
May
year.?
Gustav
ago.,
Metzman
Central
He
request
1944—8 Mos.—1943
to
$5,246,336
its
entrance
$2,081,774
into
cut down
to
$400,000
as
the
of Aug.
1,
toy
1944,
made
offer
an
to
purchase
in
one
Triumph
months
Explosives,
April 30 were
ended
President
of
Noma.—V.
160.
:
railway—
Ry,—Earnings—
railway——>
1942
$790,110
235,434,>?, - 256,202
103,669
"",117,807
'
income—
oper.
?
-
.
—V.
:
1941
$527,926
327,329
178,260
v 141,644
124,193
-
4,902,127
<4,405,025
1,498,555
'409,119
660,154
x->i'
160, p. 570.
.
'
..
1,029,313 .?.• 1,429,655
railway—__
railway—____
oper." income—
..
-
$776,778
.
4,813,635
from
Net ry;
,
1943
$806,036
3,073,365
U
761,891
774,613
402,175'
v
Northeastern Water Co. (& Subs.)
Period End. June 30—
Operating
1944—6 Mos.—1943
•
revenues
Fed.
r
for
and
income
20
because
of
Sept.
on
System,
succeeds
a
1
assumed
the
position to which he
Frederick
ill
and
Income
—V.
33,066
95,052
29,039
161,074
182,317
224,944
320,685
218,860
$452,450
42,005
\ ;
deductions
income—
•
49,300
$2,216,976
$89,517.
-
905,313
>136,100
v
183,568
83,450
58,363
63,177
$127,219
$53,420
$451,543
885,919
813,842
1,360.368
973,518
$867,263$1,811,911
taxes
Gross income
Net
$2,004,447
27,932
,
Operating income
,
?
1944—12 Mos.—1943
excess
profits: taxes
Other
.
$412,526
175,460
retirements.-
income
-Earnings
$554,388
224,482
?
_
-
-
$1,013,138
"
?
36,411
73,478
$939,660
;
225,629
$1,425,967
176,413
$830,851
$1,586,282
$1,249,554
160, p. 731.
■
New York Central RR.—New President—
York
is due
Net
Other
recently declared a dividend of 10 cents per share
stock, payable. Sept. 15 to holders of record Sept. 5.
distributions
Last
•
10,
large producer.
1944
from
Prov.
the
on
15.
directors
the
25.
England.
has
adm'. & gen. exps.
Maintenance
New York Auction Co., Inc.—Another 10-Cent Div.—
The
a
Gross from
ft.,
cu.
common stock, payable Sept. 30 to holders
like amount was disbursed on March 31 and
June 30, this
year,
and in each quarter during 1943.
In addition,
the company on Dec. 20, last, paid a year-end dividend of 40 cents
Similar
the
eight factories in operation in the United States/
one
Norfolk & Southern
Gross
'
electric, output
kwh.,"
on
year.
$368,982
Inc.
Net sales of Triumph for the nine
$25,905,215, according to Henri Sadacca,
p. 632.
:
3
s"?
$2,836,736 $22,037,826 $22,089,287
of
on
Sept.
March
record
and
.
.
are
and
July—
decrease
share
per
of
is offset by U. S. Government bonds in the amount of
$557,200,
bonds in the amount of $120,450 and British bonds
valued
£4,000.
:
1944—8 Mos.—1943
reports
cents
last,
—
output
.15
on
10,
Canadian
:
the Association
a
revenues
Oper;,
:
paid .last
25
holders
1944—Month—1943
the
,
■
New Idea, Inc.—15-Ceiit Quarterly Dividend—
per
to
16
March
on
$803,779
in
Net ry;
production
The
dividend of
a
made
business, where it has become
Bank indebtedness has been
State
decrease of 110,000 cu. ft., or 0.105%, below production of 104,953,000
ft. in the corresponding week a year age.—V. 160, p. 987.
>
'
-
159, p. 641.
surplus,
earned
.
1944—Month—1943
ended
certificates
Ray 25 Cent Dividend—
payable Oct.
was
——
Gain
term indebtedness, $2,314,stock, $2,083,900; common
cu.
;
Nivelle
Sales
1944
England Gas & Electric Association—Output—
week
loan
1924, may be surren¬
exchange for first mortgage
Corp. which may thereupon
in
Sales for Month and Eight Months Ended
Aug. 31
of
credit
post-war
No
1943.
declared
stock, par $1,
similar
S0.74
$17,949;
year,
convertible
ago.
Gas
of
Co.
for redemption and payment.,—V.
directors have
common
54,486
trade,
inventoried,
other liabilities,
cumulative
12,750,898
year
Trust
Noma Electric Corp.—To
63,050
:
payable:
within
gold
.
to
86,000
$2,913,933
the
below
15,676,796
$12,202,415
in
Oil
—
12,416,940
104,166,356 100,300,885
•After
and
5,000,000
„
___
pref.
5,000,000
12,785,195
16,377,867
—
cumulative dividend
represents only
are
Forest
Niagara Share
.
,r
interest
and
which- also
Mr.-Dorn
.
and
of
sinking
13,453
449,000
v
160, p. 631.
New
liability—?
In
$270,641;
investments,
total, $21,712,241.
"Evening News.")—V.
dered
218,673
$1.25
tax
not
sales
For
■l.
to
stock
From January 1—
'1
$128,596
■ $714,312
563,328
1 -417,061
"Accounts payable and accruals——
4,597,808 ^ 5,107 851
Deposits for returnable "
containers:.—1,048,991';
96L558
Reserve for deprec.* amort, and
obsolescence—
30,208,630 * 28,066!959
Reserve
for
pensions
•
4,216,706 ; 4,029,304
Minority interest in American subsidiary—.
.
560 554
536 072
$4.50 cumulative dividend
pref. stock:• •
'•
Notes
Net
—V.
104,166,356 100,300,885'
_____
estimated
$62,870;
unrealized
of.June 30.
All
r
-
518,434
Liabilities—
•Net
30, 1944
receivable,
reserve),
cumulative class A preferred
tificates due- May 1-,
in
Period End. Aug. 31—
735 099
■
382,126
—
sale
troleum
46,700,892
773,236-
processes.,
charges
$0.06
disposal of investments.
accounts
(less
common
Texas.
As
;■
52,406
*441,700
August Sales Up 2.72%—
■
2,394,651
Phosphate deposits,«less depletion
(par
$6,581,711;
13,303,706
48,145,620
4%%
stock
1,830^200
13,470,537
;
—
and
due
805^914
805,914
2,402,605
Buildings
Machinery
banks,
stores,
taxes,, $1,333,215;
729,413
2,284,337
(est.)—.
^18,829
,
25,012
—
profits
in
at
203;
11,352,410
2,402,315
sales for
on
i Period Ended Aug. 31—
indebtedness
7,809,500
•
6%
outstanding
$548,779;
accounts
payable:
and in transit, $341,802; ac¬
counts'payable: other, $466,569; accrued interest on bonds, $9,516; term
12,217,241
1,000,000
11,940,889
in
$185,383;
receivable
82,065
$0,095
?
y Nivelle Corp.—To Redeem Certificates—
102,446
excess
merchandise
$
8,908,280
—
$0.33
$166,610
78,510
$0.05
75,315
129,657
Latter-will-be-liquidated:
transit, and on hand, $1,694,223; sundry
currently (less reserve), $382,979; United States
Savings Bonds and tax notes, $766,000; merchandise inventories, $5,809,156; other assets, $126,921; property, plant, and equipment (net),
$5,422,387; deferred charges, $604,834; total, $14,806,499.
3,128,407
;
reserves——
$149,829
75,000
129,666
other
The
40,965
inci tax__
share-.
Liabilities—Accounts
8,7Utf!U(nf
S.
Receivables,
share
oil-producing
accounts receivable due
Dec. 31, '43
$
?
,
per
281,768
j
11,700
Pennsylvania sold to Quaker- State.-«
1943
39,760
212,604
,
______________
common
Assets—Cash
the
Sheet
Cash
1943
>
Consolidated Balance Sheet As At June 30,
subsidiary
June 30, '44
.
$199,413
,i:
235,766)
Niagara Oil and Forest Oil companies will continue to operate
properties, Mr. Dorn said.
Niagara Oil owns an '80%
the Bradford-Penn Refining
Co., whose plant is in Clarendon.Pa.
It also has oil-producing properties, in Illinois and Indiana,
although the-largest part of the producing properties were those in
$20,000.
share.
a
Operations
with
at
stk.
of
dividends
Earnings per
acquisition of I. F. Laucks, Inc., and associated companies was
June J,. 1944.
The- accounts of the Laucks companies
not been included in the consolidated statements nor
have the
shares
2,493
Trtisi Co.,
—
dividends
consummated
have
220,944
15,200
interest'in
The
Net profit
Preferred
depreciation and obsolescence
amounted
70,801
<
37,629^
Prov, for other Fed. and State taxes
§InclUdes fees from U. S. Govt, contracts—net (less allocated
portion of
estimated Federal, income taxes of $584,000), $99,436.
the
$519,179
64,180
stk.
:
IncOme taxi'__
Prov. for esfc."addft/Fed.
reported in 1942. -tAfter post-war credit of $469,100 in 1944 and
tAdjusted net earnings were $1.92 a common share.
Note—The
$461,475
60,029
"The
their
,
$509,500 in 1943.
for
1941
$482,880
.
$16,359,743 $16,242,774 $13,421,634
338,836
310,696.
289,157,
.depreciationy^.^....
Miscellaneous
Net inc. transfer, .to earn, surplus? $2,387,765; $2,869,349
i$2,133,765
Earnings per common share—- r
$1.56
$1.95
'
$$2.67
•As
1942
$370,111
pfd.
$16,698,578 $16*553,470 $13,710,791
15,634,669
15,422,392
12,840,771
Int. on notes, bonds and mtges.XX^
Amortization and
-31,063
:
,
10.83
Expenses
1943
1944, at 100 and interest..
Cost of sales and general expenses.
$2,877,630
24,481
■;
Other income
—____
$2,412,247
Jjfetjin.c. applic. to minor, interest—
1944-
Sales
.
-
$663.39
V
10.82
and
(& Subs.)—Earnings—
"6 Months Ehtfed: June 30*-
1,557,381 $
3,524,404
Government—-* Cr584,000
■I) Net income before minor, interest-
•
306,994
,
Federal
to
$9,158,607
174,142
*
fol¬
the
to
To Receive Large Payment from Affiliate-
699,374
1,275,267
''
Z
:
$8,823,539
182,607
-4,357,165
—
charges
income
equivalent
were
131,540
com.
$7,689,920;
falo
Normal
these
only.—
using cash received from the sale of all its oil-producing
properties
in Pennsylvania,
the Niagara Oil Corp. will "largely pay off" the
$3,500,000 of. its 6% notes held by the-Niagara Share
Corp. of Mary*
land, it was reported Sept..l by.President Forest D.. Dorn of
Niagara
Oil Corp.,-after the Quaker:state Oil
Refining Cos-of Oil City, Pa.,
announced the purchase for cash of
-Niagara Oil's-Pennsylvania pro¬
ducing properties and all the New York and Pennsylvania
producing
properties of the Forest Oil Corp.
Gordon
Neisner Brothers, Inc.
in
Transactions
"cash"
stock (par $100), $2,500,scrip (par $5), $6,500,000; capital sur¬
depreciation of Investments, Br$463,739;
earned/surplus, $345,417; total $21,712,241;
plus,
'
' !
dealings
be for
57,322
etc
A
class B
000;
Lefebvre, who recently resigned be¬
the increasing pressure of business.—V. 160, p. 834.
of
cause
succeeds
on
Liabilities—Accounts payable, $21,286; dividends
payable, $130,716
long-term bank loans (secured;, due 1950, interest 27/8%
per annum,
$4,966,000; reserves for taxes (partly est.), $22,303; deferred commis¬
^
'
-
.
Desautels
that
will
Income
1944
miscellaneous assets, $8,673;
J. Kornhauser, President, on Sept. 1 announced the election to
company's board of directors of George O. Desautels, President of
George O. Desautels Co. of Indianapolis.; 'v This sales and engineering
organization has represented National Tool Co. in Indiana for the past
2,277,585
806,422
of
business
$662.86
of
Balance Sheet, Jane
S.
j
June" 30
of
Statement
"Exclusive of gain or loss
the
21,631,001
cl.
sions, $338;
National-Too! Co.—New Director—
;
...
-
$40,857,290 $40,438,633 $33,174,240
__t.__u.-i.
of goods.
Cost
1944
*
'
Manufacturing Corp.
of
Sept. 29.
on
29
A preferred
class B common.
inc. taxes
Assets—Cash,
.
(Includes American subsidiary companies)
6 MosrEnded June 30—
'
business
Sept.
class
cl. B
dividends
Industries, Inc.-—Name Changed—Merger—
Durham
of
and
as
income
on
.
,
,
stock
common
close
$574,173
taxes,
on
J
become
the
at
Exchange ruled
close
income
Earnings
1, with two roundtrips daily, according to H. S. Parker, Jr. VicePresident*—V, 160, p, 226.
>
.
<
.'
-
-
Curb
the
Sept. 28
of
Divs.
Oct.
,
purchase of
void
.
of
Prov. for Fed.
schedules with the Civil Aeronautic Board
coastal route from New Ydrk City to Miami,
inauguration of a
and
on
835.
Y.
at
cease
share
Interest,
The corporation has filed
for the
the
become
June 30, '44 June 30, '43
each
Gross
mecftanical
National Airlines, Inc;—New Route Proposed—
775,267
229,352
1,291,599195,106
, .
25,210
and
General expenses
arrange
as
the N.
will
p.
Divs.
*3,734
:
1,441,734-412,004134,426
.
railway——
oper.
$107,803
$159,095
*1,157
*13,717
order.
434,254
6 Mos. End. June 30—
reasons it is not always
companies in exact alphabetical
However, they are always as near alphabetical
to
906,149
487,512
V
NOTE—-For
possible
1941
1942
expire
Consolidated
per
'
Missouri & Arkansas Ry.—Earnings—
2,150,127
936,387
640,863
option warrants for
For each share
corporation is prepared for the post-war period with an im¬
proved selective dealer franchise and equipped with detailed plans
pointing to a high level of employment and expansion of Nash car
sales and service in the low-priced car field, it was announced on
Sept. 2 by H. C. Doss, Vice-President and General Sales Manager. °
Forward
looking
automobile production and sales
planning
are
issues of paramount importance to employment as well as to the secur¬
ity of the peace after victory and as such must be planned for now,
Mr.
Doss said.
Nash Motors' plans call for producing more
than
double pre-war car sales.—V. 160, p. 987.
first mortgage 5% gold bonds, due Dec. 1,
redemption as of Oct. 6, next, at 102V2
and 'interest.
Payment will be made at the Irving Trust Co., trustee,
1 Wall St., New York, N. Y.
Holders may obtain the full redemption
price, together with accrued interest to Oct. 6, 1944, upon presentation
and surrender of the above bonds.—V. 160, p. 986.
g
A
warrants
•Net
for
called
been
class
160,
For
Nash-Kelvinator Corp.—Post-War Plans—
outstanding
the
have
2,313.351
1,612,830
532,360
„
cents on
50
3,425,730
1,509,520
Corporation's net assets'
r
This
y 569.
of
All
of
54,937
lowing:
share has been declared on the no par value
28 to holders of record Sept. 15.
This
June 28, last, and $1 on March 28, 1944.
cents per share were made each quarter during
$1
50
113,648
Niagara Share Corp. of Md.—Semi-Annual Report—
payable Sept.
with
Distributions
Missisippi Power & Light Co.—Bonds Called—
1957
V.
York
New
693,968
375,664
income—
railway——
oper.
160,
of
stock,
compares
1943.—V. 159, p. 2418.
railway—
from
Gross
Net
dividend
A
common
1—
From January
between
would go to Buenos
(F. E.) Myers & Bra. Co.—Distribution of $1—
$149,152
!?44
Net
airplane service
95,149
30.
the
cities
major
60,654
income—
corporation
warrants
in
for per¬
hagen and Stockholm.—V. 160/p. 14,
$168,473
60,597
railway
from
from
international
establish
to
the Civil Aeronautics Board
in South America and Europe.
One proposed route
Aires, Argentina, via Bermuda, Brazil and Uruguay.
A second route would fly the north Atlantic via Newfoundland, Green¬
land and Iceland
to Oslo, Stockholm,
Helsinki, Leningrad, Moscow,
Teheran and Basra, Iraq.
A third would traverse the middle Atlantic
via Bermuda and the Azores to Paris, Amsterdam, Hamburg, Copen¬
and
common
railway———
July—
Net
The
Sept.
to
'
160, p. 632.
the
1693.
applied
has
116,495
Niagara Hudson Power Corp.—Option Warrants—
of The Royal Bank of Canada, in New York City, or, at the
option, at The Royal Bank of Canada in London, England.
coupon due Nov. 1, 1944 will be paid upon presentation
company
1941
$295,199
177,373
3,473,314
railway—
oper.
Accordingly,
Mississippi Central RR.—Earnings—
Gross
—V.
Moore-McCorinack Lines—Seeks Airplane Service—
year.—V. 156, p. 256.
distributed last
ry.
1942
$367,152
230,663
income
oper.
1943 V-.
$513,370
172,473
January 1—
railway-
from
Net
interest
The
stock dividend of one share for
a
Net
1, next, $100,500
redemption as of Nov.
for
of such coupon.—V. 159, p.
stock outstanding, subject to
the
Corporation Department. The dividend
will be paid to stockholders of record Sept. 15.
The company now has 125,330 shares outstanding and already has
paid 40 cents in cash this year as compared with a total of bO cents
share of $1 par
approval of the California
present
called
been
have
outstanding
1944
$438,863
railway
from
Gross
5%% first mortgage 30-year sinking fund series "A"
gold bonds at 102.
Payment will be made at any branch in Canada
of The Royal Bank of Canada, or, at the option of the holder, at the
Corp.—100% Stock Distribution—
Mission Dry
The directors on
There
of
%
:
each
ry.
From
ina
,
Qnn
from
Net
Montreal Island Power Co.—Partial Redemption—
operated by the Boo Line
th? Wisconsin Central.
Receiver of
the
.
.
Net
Susquehanna & Western RR.—Earnings—
;;.:
railway
from
Gross
of record Sept. 15. This com¬
pares with 10 cents per share on April 1 and July 1,
1944, and in
each of the four preceding quarters.—V. 160, pp. 569 and 435.
Kingman, Minneapolis,
and H. B. Vanderblue,
Chicago, representing the Insurance Group Committee.
mn»c
The operations, including the Wisconsin Central, cover 4,400 miles
of
line
extending from Chicago through seven states W Sault Ste.~
Marie, Mich.; Ashland and Superior, Wis.; Duluth, Minneapolis, St.
Paul, and Noyes, Minn.; Portal, N. D.; Grenville and Pollock, 8. D.,
,
New York
July—
has been declared on the common
15 cents per share
of
stock, par $10, payable Oct. 1 to holders
representing the Canadian Pacific Ry.; H. S.
representing the Savings Banks Committee;
Whitetail, Mont.
>'
The Wisconsin Central will continue to be
dividend
A
of
and
Monday, September 11, 1944
Montana-Dakota Utilities Co.—Larger Payment—
common
par
'•'
reorganization a voting trust agreement was
entered into pursuant to*which there will, under certain conditions,
be five voting trustees until Dec. 31, 1950.
The voting trustees selected
were: H. C. Grout,
H. S. Mitchell, and G. W. Webster of Minneapolis,
the
Under
V.
FINANCIAL CHRONICLE
THE COMMERCIAL &
1082
E.
Williamson,
health.—'V.; 160,
p.
Presidency
was
who
987.
elected
retired
\
v
the
of
a
few
at
New
weeks
his
/
own
Northern Indiana Public Service Co.—Over
84% Of
Preferred Shares Deposited Under
Exchange Plan—Un¬
issued 5% Preferred Stock To Be Offered For Sale—
The First Boston Corp., dealer manager for the
exchange offer of
the above company, announces, that 84.22%- of the
outstanding shares
preferred-stock ha;ve accepted the exchange for shares of the new
of
Volume
"Includes
of the new 5% stock,
competitive bidding on Sept. 11.
Proposals will be received by the company up to 11 o'clock a. m.,
5%
stock.
preferred
cumulative
balance
The
taxes
34,692 shares, whl be offered for sale at
Northern Pacific Ry.—Earnings—
Net
from
Net
ry.
Net
from
Net
V
$8,060,383
2,964,661
2,519,396
60,007,140
17,167,062
12,063,565
2,800,112
79,476,273
28,384,965
29,591,727
17,149,381
43,288,041
11,882,409
9,646,421
1—
railway
railway
.—
12,633,916
income
oper.
ry.
this company for the week ended
totaled 41,916,000 kwh.,
as compared with 40,168,000
corresponding week last year, an increase of 4.4%.—V.
Electric
output
of
1,146,704
Operating
revenues
153.255
Operation
_________
Depreciation
&
Fed.
excess
Net
Gross
;
Automobile,
741,990
462,127
893,710
912,095
458,550
917,190
912,000
14,850
222,750*
income-
income
$1,772,034
104,692.
inch
$1,898,265
Divs.
$1,876,777
408,381
827,135
843,621
—V.
13,567
159,
1388.
p.
-\'V,'
.
.
27,135
27,135
480,697
1,005,094
13,567"
436,997.
,
4
917,695
.
-Earnings—
Utilities Co. (& Subs.)
$22,304,182 $21,363,669
7,731,555
7,333,100
$90,046,332
29,598,140
resale
for
chased
-
1,842,162
7,574,388
1,369,271
6,045,438
2,182,840
2,101,657
8,804,890
__
Maintenance
_
of
Provision for deprec.
Fed.
& equip.
& declared
plant
prop.,
income
1,673,911
taxes
taxes
2,189,510
$8,848,387
4,803,481
534,762
A
18,701
$5,030,175 $20,085,449 $20,251,978
•92,2.74
229,489
20,058
$5,199,121
$5,050,233 $20,177,722 $20,481,466
$5,180,421
Other income
Gross income
Balance
Net
Balance
PA
$2,274,677
'
»,
$8,723,938
120,659
166,757
$2,279,310
<$8,890,694
$9,365,301
309,575
"998,983
1,271,097
$2,309,577
»
.
561,004
NY
of
Utilities
NJ
252,432
Co
the
of
company's
inter,
vertible
/ Int.
con-
on
Statement
$1,022,381
General
expenses
for
77,251
2,193
89,062
2,238
-_
general
taxes
expenses
• •
506,926
—_
;
$1,902,170
stock
Pfd.
7' 23,388
29",400"
—"
.
.
43,927
{f
•
"*•
-
-
-
$1,153,198
•
-•
$2,617,072
-
* -•
„
"
$1,858,243
160, p. 632.
Report—
O. D. Donnell, President of the company, in connection with the re¬
lease of the company's statement for the first six months of 1944, re¬
ports net profits of $7,959,891 or $1.21 per common share
This re¬
flects
continuation of the Income factors that were operative in the
last half of 1943. which resulted in earnings equivalent to $1.17 petcommon
share; in the first half of 1943 earnings amounted to 97c
per common share.
During the first half of the year capital expendi¬
tures of $8,587,537 were made, representing a substantial increase. in
the flow of funds into property accounts due primarily to
the ex¬
Ohio Oil €o.—Semi-Armual
a
liquid
panded drilling program. The company has maintained a strong
financial condition with cash and short-term government securities
totaling $24,325,949 at June 30, 1944.
Total current assets and cur¬
rent liabilities were respectively $38,213,768 and $11,012,645.
The regu¬
lar semi-annual dividend of 25c per share and an extra dividend of
25c
share were paid to common stockholders June 15, 1944.
crude oil production for the first six months of 1944 averaged
per
Net
compared with 69,400 barrels per day during
In the first half of the year the com¬
pany drilled 99 wells, of which 64 were producing oil wells, eight were
gas wells and 27 were dry holes.
Twelve of the 99-wells drilled were
wildcats, nine of which were dry, two discovered new oil fields, and
one
was a
gas well.
It is contemplated that drilling during the last
half of the year will be stepped up. provided materials and manpower
are
available.
Company's pipe lines continue to operate at near ca¬
pacity. They handled an average of 320,000 barrels of oil per day dur¬
ing the first six months of 1944,
Crude oil runs to stills during the
first half of 1944 averaged 18,350 barrels per day compared with <16,barrels per day
82,000
corresponding period in 1943.
the
_
700
6 Months
Statement for the Six months
Ended June 30—
sales
Cost
of
period of 1943.
Ended June 30
1944
.
1943
1942
$38,779,366 $36,703,353 $37,011,835
21,235,206 19,299,520 20,983,197
the comparable
barrels per day during
Consolidated Income
Net
—-
-
sales~_I_I_
Earn,
per com.
--
—
Operating
Total
Interest
,
profit
on
Cancalled
———
funded debt
unoperated leases
and
income
t
Net
profit for period to
Cash divs. paid
on
by
will be
the
for
of considering the
The stockholders of
purpose
1944.
8,
1944,
the officers of the company, at
distributed.—V. 160, p. 571»;r a-,-—
directors
Aug.
on
declared
29
of 20- cents
dividend
a
•••
.
surplus./.
stock..
stock
Cash divs.
paid on common
Profit per
share common
529,298
subs.__
pfd. stock.,
776,761
43n!J!
9,942
103,299
316,700
85,900
$146,185
:
$594,175
$398,785
82,988
$0.36
3'344-425
T
.
$1.06
which
the new
time
•.
Dividend
an
per
(& Subs.)—Earnings—
subsidiaries
/
street railway
Philadelphia Co.)
of
Airways Corp.—-Proposed
Termination
Brazil—
has
Ministry
Aviation
take
the
when
traffic
this
over
latter
has happened and we have no objection," a
spokesman is credited with saying.
"We are
of local traffic has been a bottleneck to
between Rio and Miami.—V. 160, p. 836.
"That
handling
—
u ^
$6,432,526 $5,843,194
•
85,558 .
636.208
3,281.687
1,640,844
1,640,8 4
$121
,
$0.97
$7,959,891
-----
to
Pan American
in full accord,
through traffic
'
f
f
,<••;.
1944
■
v
■„ >
of
Deprec.
Taxes,
/
6%
on
1,110,000
—
21,920,788
18,436,880
dividends
dividends:■/»;^77134,670-^ r 334,670
395
1,038,129
790
2,854,856
/
on
429,562
770,859
—V.
159,
The
of
<
790
>2,854,856
14,467
'
$8,826,581
-
Electric
output
Sept.
2,
kwh.,
2,986,000
Co.—Weekly Output—
the company and its subsidiaries for the
amounted to'124,61-1,000 kwh., an increase
2.5% over the corresponding -week in 1-943.- '
for
1944,
or
'
.
$130,000,000 of 3'/2%
first and refunding
1976, was filed Sept. 2 with the Securities and
Exchange. Commission.
The company would sell under competitive
bidding $65,000,000 of 2%% first and refunding mortgage bonds due
in 1969 and $65,000,000 of the same type of bonds due in 1974.
The
proposal
rede.em
to
mortgage bonds due in
present bonds
1.—V.
Dec.
would be
redeemed at
106 plus accrued interest about
160, p. 988.
v>.
•"
»
-
After
a
acquired
year
o^30,000
The immediate objective will be
approximately 1,500 feet.
If commercial
that level, the devonian formation will
final depth expected at about 5,500 feet,
at
988.'
v-
"
St.
Louis Ry.—
380 Seventh Ave., New
Sept. 30, 1944, receive bids
York/ N.' Y., will
for the sale and
Cincinnati,
Pittsburgh,
-
this company has
and will start a wildcat
from Bartlesville, Okla.,
-the Madison limestone at
production is not obtained
be tested, with the probable
the dispatch said.—V. 160,
acres in Alberta
Associated Press dispatch
an
says.
•*
Drilling in Canada—
geological exploration in Canada,
of
control
there,
test
'■■ ■'
t
Phillips Petroleum Co.—Starts
W;
12
Chicago
&
Schotter,
o'clock
13,065,000
6,142,739
109,277
8,060,351
120,603
119,568
6,904,265
123,719
7,703,702
8,180,954
6,262,307
Coke
Pittsburgh
The
company
Neville
Island,
Expand FacilitiesAuthorized Indebtedness
& Iron Co.—To
will construct a new chemical plant on its property
near Pittsburgh, Pa., and the directors have author¬
On June 30, 1944,
was
last
year.
During the first six months of this year, the company paid the
$600,000
balance-of a bank loan.
It also reduced inventories by
$1,367,375 to $3,031,168 on June 30, last, from $4,398,543 on Dec. 31,
ized
net
10,589,265
19,207,739
on
to
Pays Bank Loan—To Increase
an
22,350,351
Treasurer,
noon
the company as of Oct. 2, 1944 of consolidated mortgage
bonds, series "D" to "J", incl., at a price not exceeding par and
accrued interest to the extent of $4,030,142.—V. 158, p. 1074.
delivery
at
7,027,984
22,574,425
'
• "
$8,826,581 $11,515,797
Refunding Bonds Filed With SEC—
A
1,954,319
*14,980,000 *14,290.000
taxes
electric
ended
week
269,340
<
2309.
p.
Philadelphia
>
439,922
on
income
sub— 1
by
Balance, end of period $11,515,797-
income
income
for Fed.
395
1,038,129
dividends
retired
Prop,
300,000
300,000
5% -non-cam. -divsi
Common
•
profit before Fed.
taxes
Prov.
1,473,420
: 600,000
600,000
269,340
10,149,34*
<
pfd.
cum.
——-
21,986,816
——587,609
18,081
$14,039,454
—,
pref.
purch., int.,
misc.
and
(net)
:5,706,846
72,267
pref.
686,455
—
Discount
$8,314,527
8,826.581
Dr9,050
$13,725,701 $11,036,485 $16,714,202
dividends
736,710
,-736,710
1,473,420
until
1,375,000
Profit
$7,815,154
5,744,021.
2,100
cum.
H.
'
$5,301,514
8,646,094
$5,077,506
7
period
$5. cum.
$6
300,771 /
2,205,753
...
860,973
_*
133,636,671
plans__
contributions
retirement
3,708,043
Tenders—
2,464,587
._
$9,977,258 $16,998,027 $17,320,252
3,761,201
7,429,668
7,297,932
914,542
1,753,206
1,707,793
$9,646,522
____"
income-
net
146,727,559
<2,425,710
income
on
373,848
332,275
income
in
Total
/
191,616,544 178,496,121
380,504
583,898
753,845
805,837
815,366
and gen. exps. 203,673,020
&
repairs
439,828
& amortization
other than Fed.
taxes
int.
Consoi.
,
$
and
sold
mdse.
selling
Maintenance
to
$
-
230,654/221 218,298,260 200,538,018
■
Cost
$
1941
1942
$
Sales
1943
deductions
Balance begin, of
p.
(J. C.) Penney Co.—Earnings—
6 Mos. End. June 30—
$17,993,615
656,331 *
673,363
$9,978,797 $10,351,106 $17,654,358
(Dr)__
(net)
Credits to surplus
oil
Airways
as
in position
was
concern
service.
its
increase
720,477
599,248
355,727
307,976
•
,Qro,ss .income^.—jy
.
Pfd.
fSheet,''June.3^^4.4
announced that this corpora¬
cargo between points
1945, according, to a
United Press dispatch from Rio de Janeiro.
' 7
The
company
has
been operating between Rio de Janeiro and
Belem, north on the coast, and had a long understanding with the
Brazilian
Government that its subsidiary,
Panair do Brazil', would
3,685,000
an
appropriation of $850,000 for this purpose.
working capital of the company amounted to $4,630,259.
This
$341,986 over the $4,288,273 reported at the end of
increase of
1943,
103 299
2,643,199
r
143,436
340,290
135,605
244,711.
$0.64
to carry passengers and air
inside Brazil will be terminated, effective Jan. 1,
892,133
;;
;
348,485
267.036
212,500
194,826
236,867
.
inc.
Income
90,385
87,931
;
Other
Minority
Balance
.
Profits of subsidiaries—
7,594,425
nnAAAnc:
——
_____—
profits tax—
Minority int. in net loss of
Excess
<\
*
367,832
$0.26
share—
Brazilian
The
$9,943,020
128,413
13,071
on
value.
for. Nov.
called
,
^
'
78,087
41,307
$136,857
of Local Service In
$11,509,532 $11,111,025
104,100
113,301
Non-productive wells
Miscellaneous charges
—
Provision for Federal normal taxes
,,,
>
tion's special license
Net
871,906
rentals
,
$2,585,570
$2,209,908
55,000
Pan American
rec.
_
lease
par
stockholders
been
V- Net operating revenue
1
$9,335,114
607,906
>
»•; - • -
24,351'
__38,J58..,
/Consolidated Balance
$10,903,026 $10,364,766
606,506
746.249
profit
Other income
-
$17,544,160 $17,403,833 $16,028,638
1,552,238
1,663,909 ' 1,589,882
and deprec.—
5,088,896
5,375,158
5,103,641
--
4
144,000
tax-
-
Provision for deplet.
-•
■;
6
(Not incl. Pittsburgh Rys. Co. and subs, and other
;
y
Assets—Cash in banks and on hand,<$2,370,900,'; loans/a-nd discpunts,
$21,986,265; other receivables, $164,208; repossessed automobiles (at es¬
timated
realizable
value), $14,650; investments, $307,488;
furniture
and
equipment (at cost, less reserve for depreciation of $179,620),
$156,558; deferred charges, $170,959; total, $25,171,027.
!
Liabilities—Notes payable (unsecured), $16,100,000; other liabilities,
$1,230,921; customers' equities in loans and repossession loss reserves,
$878,195; reserve for losses, $543,528; reserve for past-service annuities,
$71,954; unearned income, $701,521; 5% preferred stock ($100 par), $2,200,000; common stock ($10 par), $2,250,000; paid-in surplus, $988,634;
earned surplus, $206,273; total, $25,171,027.—V. 158, p. 2473.
profit on sales
•Taxes
cents
the
Philadelphia Co.
458,618* / 974,797 " 1,072,089
divs.
Company
Gross
Sept.
on
1941
-1942
$834,449
97,655
108,303
—
stock
/
$436/010
obligation
'
160,
April 1 and July 1, this year.—V. 159, p. 2455.
on
*
'
Balance of income" be*
■■'fiw&fott'- JoWon 'cony.
*
,f
divs
Com.
/
:
- —
551,269
^
losses—
Prov. for Fed. inc.:
income
taxes
—V.
33Vb
ity subsidiaries
June 30
^
,
for
Net income
Fed.
for
$2,640,460
$1,182,598
$436,010
Balance
Prov.
- -
$1,076,242
.
Income)
.
Provision
$4,248,698
2,346,528
$4,663,172
2,022,712
$1,760,623
578,025
$942,936
-j.
deductions
Income
directors
25.
'
(other than Fed.
Taxes
408,481
3,694
333,123
24,733
-
.
&
other oper.. & admin.
Interest
Balance
required for Federal excess profits tax.—V.
extra dividend of 5 cents per
share on the common stock, par
$20, from current profits or from surplus funds in hand, both payable
Oct. 1
to holders of record Sept. 20.
Like amounts were disbursed
the common stock
1943
Salaries,
1944—12 Mos.—1943
$5,021,028 $4-,660,873
$1,851,923
disct. and - other
&
operation .income
advertising
$8,094,204
Company)
1944—3 Mos.—1943
Period End. June 30—
Income
Prov.
(Parent
Income
of
$7,891,712
$1,969,734
$2,057,145
obligation-
•
$0.74
' /
■
1944
fore
"$3.36
^
common
Earnings-for Six Months Ended
Balance of Income be¬
1
$0.37
of
Sept.
share and
Ownership—At June 30, 1944, Lockheed
shares
$a,804,297
$2,158,651
.
34,900
sale - (net)
deduct,
Income
$0.89
Aircraft Corp. owned 212,137
Period End. June 30—
1944—6 Mos.—1943
1944—12 Mos.—1943
stock,v representing 94.28% of the
Operating revenues
$32,036,121 $31,317,823 $62,197„714 $58,836,829
225,000 common shares outstanding: and owned 2,246 shares of the ••• Oper. rev. deductions..
17,457,026
16,711,025 35,245,319
32.380.44&
company's preferred stock, representing 10.21% of the 22,000 preferred
General taxes
1,535,871
1,720,463
3,225,239
3,349,038
shares outstanding.; These holdings represented 52.72%
of the total
Fed. income tax by util.voting rights outstanding.
subsidiaries
i_
" 1,956,670
2,179,500
4,673,770
4,203,350
Fed. exc. profits tax. by
Change in Capita!—Since June 30, 1944, the company has made ar¬
189,900
799,778
799,778
rangements to increase its capital $400,000 through the sale of 25,000
utility subsidiaries.—*
shares of common stock at $16 per share to Lockheed Aircraft Corp.
State inc. taxes by util¬
11,677,170
of subs, sold
to dates of
"
share___,
____
__f
income
•$121,758
(The) Pfaudler Co., Rochester, N. Y.—Extra
2,003,110
•
<
$554,844
has
determined
to
'
value of $2.*
11,453,785
2,891,583
2,924,445
companies
subsidiary
.
of
deductions
Income
.
$61,554
will be entitled to vote.
The
amendment,
if approved
by the stockholders, is to become
effective between
Dec. 15 and Dec. 30, 1944, the exact date to be
record
$13.81
Operating income
$146,694
of
meeting
amendment
$15.31 per share, as compared with
per share at the beginning of the year.
The increase of $1.50
per share represents earnings of $0.36 per share and surplus credits
totaling $1.14 per share arising from reinstatement of the depreciated
value of furniture and equipment (previously carried at the nominal
amounted
67,000
period
of
three shares
186,989
2,991,938
24,813
provision
board
shares
694,848
$213,572
41,800
403,0.00
•V;V
unanimously recommended for
consideration
by the company's stockholders an amendment to the
certificate of incorporation so as to effect a thiee-for-one split-up ol'
the company's stock;
exchanging each present share of par $1 for
j
3,061,167
$999,644
3,505
17,994
Pepsi-Cola Co.—Stock Split-Up Proposed—
209,692
Slock—The book value of
Common
of
1944,
30,
$111,060
$257,131
r_
.'v..:.v
The
$8,003,630
3,472,819
1,206,673
Value
June
4,256
34,297
46,000
__r
tax.(est.)
331.
outstanding
$21,986*264 $17,365,559 $13,689,253
Book
at
15,510
46,011
extraordinary credit of $74,770.
Note—No
p.
^
,
Total
6,145,586
8,760,133
$175,019
98
7,536
income-
inc.
income for
The
8,403,867
6,176.229
8,915,078
1,497,794
2,165,625 "
value exc. prof,
Other
V
2,196,846
"automobile,
viously included in "loans to fi¬
nance cos. & .others")——.
Loans to finance cos. & others—__
7,480,147
5,353,064
for
Net
receivable (pre¬
accounts
$938,123
2,100
cos.__
92,443
Gross, income.
'44 Dec. 31, '43 June 30, '43
$10,736,643
'6,286,931
-
in
$6,500,997
6,325,978
13,237
allied
Charges to
$33,893,558 $24,046,686 $15,379,984
retail")
Purchased
Electricity and gas pur-
186,989
3,705,778
4,158,196-
consumers (pre-
included
viously
$85,992,916
32,444,860
1,833.924
1,535,907
revenues
expenses
to individual
Loans
1944—12 Mos.—1943
1944—3 Mos.—1943
Period End. June 30—
Operating
Operating
1944—12 Mos.—1943
$103,426 •
$241,794
profit
from
■^Before
Automobile,
NY PA NJ
Gross
Divs.
taxes—
$7,765,846
6,827,723
$1,560,373
1,456,947
$2,020,836
1,779,042
earnings
Earn, per com.
June 30,
retail
Automobile, wholesale
Subsidiaries)
1944—3 Mos.—1943
June 30—
Sundry income
&
v*
End^
Oper. exps. &
<
pfd.
stock—
com.
Gross
1944, amounted
30,
total,
$520,314;
,
(Including Wholly-Owned
225,087
627,782
1,544,692
.____
June
etc.,
advances,
r
■
,
Pennsylvania Coal & Coke Corp.—Earnings—
Period
to $21,986,265, an increase of 26.61% over
the $17,365,559 outstanding at the beginning of the year, and an in¬
crease
of 60.61%
over the $13,689,254 outstanding at June 30,
1943,
The various classes of loans and discounts outstanding were as follows:
at
$1,143,234
$1,049,641
$696,118
$608,874
,
..
Prov.
Outstanding—Loans and discounts
Discounts
and
;
Mos. 1943
3,048,569
Total
rent
premiums,
s<v
..
payable
and accrued liabilities, $29,349,089;
provision for Federal taxes on income, $34,809,505; reserve for fire
losses, etc., and employees' death benefits, $2,809,417; common stock
(2,743,984 shares, no par), $33,822,767; earned surplus, $64,909,774;
total, $165,700,552.—V. 160, p. 668.
.
' ^
\ .
$7,459,890
5,498,160
others—-
to finance cosv &
Loans
$1,104,498
;_
cumul.
on
on
Mos. 1943
$9,457,684
10,068,451
others")
88,589
412.831
stock
Divs.
cos.
insurance
Liabilities—Accounts
First Six
Mos. 1944
$1,986,855
;/
income
finance
to
"loans
in
Loans
Net
_______——
viously included
in "automobile
retail")
Purchased accts. receiv. (previously
51,450
337,680
,
$1,047,474
57,024
companies, $5,102,696; mortgages receivable, $45,304; post-war
tax credit, $7,212,352; fixed assets (net), $13,531,010;
$165,700,552.
i
$11,247,002
13,895,096
<
.
,
.
retail
wholesale
accounts
profits
excess
individual consumers (pre¬
to
Loans
$1,021,705
income
deductions
Income
Automobile,
737,520
371,010
$967,027
54,679
,
274,676
409,800
taxes
'
.
2.252,522
332.252
notes), $10,181,100;
tax
C
and miscell., $1,061,055; merchandise, at the lower
market, $95,052,143; investments in and advances to sub¬
Unexpired
-
Last Six
First Six
2,291,643
370,980
..
profits tax_
oper.
Other
.
inc.
State
f,
467,021
_
taxes
Fed.
115,657
r
Maintenance
1944—12 Mos—1943
$7,038,528
$7,286,548
$3,592,941
1,123,273
<$3,737,537
___
1944,
kwh., for the
160, p. 988.
series
(principally
1944
hand, $32,994,577; U. S. Govt, secur¬
on
trade
or
sidiary
Acquired—The volume of loans and
discounts acquired during the first six months of 1944 amounted to
$33,893,558, an increase of 40.95% over the volume of $24,046,687 for
the preceding six months' period, and an increase of 120.37% over the
volume of $15,379,984 for the first six months of 1943.
The volume of
the various classes of loans and discounts acquired was as follows:
Sept. 2,
cost
Discounts
and
Loans
Volume of
Subs.) —Earns.
(&
(Wis.)
1944—6 Mos.—1943
Period End. June 30—
General
Co,
Power
States
Northern
of
Calif.—Semi-Annual Report
Corp. of
Pacific Finance
(Del.)—Weekly Output—
Co.
cost
at
receivable,
•
.
States Power
Northern
.V'-V-,';
121.
p.
160, p. 570.
—V.
1,976,617
88,429,100
income
oper.
from
5,081,154
4,722,047
raiiway——
From January
Gross
3,821,508
"2,442,396
$13,352,274 $12,704,194 $10,517,680
railway
from
Gross
1941
1942
1943
1944
July—
j
Treasury tax notes, $9,063,-
receivable, less reserve, $6,457,362; inventories
at cost, $7,430,458; investments and other assets, $4,410,419; fixed as¬
sets (less reserves for depletion and depreciation of $189,441,560), $78,552,284; deferred charges, $843,316; total, $122,019,787.
Liabilities—Accounts payable, $4,182,699; accrued taxes and inter¬
est, $1,244,228; Federal normal income tax and surtax (est.), $4,861,427; Federal excess profits tax (est.), $724,291; notes payable, due
serially Feb. 11, 1946-1951, $11,000,000; deferred liabilities, $194,133;
common stock
(6,563,377 shares, no par), $59,235,791; capital surplus,
$5,087,363; earned surplus, $35,489,854; total, $122,019,787.—V. 160,
Sheet, June 30,
Assets—Cash in- banks and
ities,
June 30, 1944
Consolidated Balance Sheet,
notes and accounts
000;
-
"
tNo provision made for
Assets—Cash, $15,262,949; United States
11.—V. 160. p. 635.
CWT, Sept.
Balance
anticipated increases in Federal
Federal excess profits tax.
for
provision'
$825i)00
income.
on
1083
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4315
160
*
A special meeting of stockholders has now been called for October 16
!to consider increasing the authorized indebtedness to $10,000,000.
The
,
purpose
/
Net
inc.
common
applic.
stock
Shs. of com. stock
Portland
out¬
2,743,984
2,743,984
Earnings per share—_
$2.28
$2.56
*Less post-war credit of $1,230,000 in 1944 and $1,156,000 in 1943.
standing
of this increase has not
yet been announced.—V. 1.60, p. 988.
to
____;
——
2,743,984
2,743,984
* $2.81 V
$2.98
Filed—
/
of
(Ore.). Electric Power
'
v V-/.
The Guaranty Trust Co. of New York
reorganization with the Securities and
Co.—Amended Plan
;
has filed an amended
Exchange Commission.
-
,
•;
plan
The
is along the line suggested by the Commission when on July 1,
rejected all four proposed plans of reorganization and outlined
t
possible plan that it believed it would approve.
The Guaranty Trust Co. Is trustee under the indenture of the 6,o
collateral trust income bonds and It is the only party that has filed
JU-st, it
reorganization plan within the 60 days allotted by the Commission..
amended plan is based on a valuation of $27,414,257 wh.ch
Commission's suggested valuation of
$22,275,000 as of Dec. 31. 1942.
,
Under the amended plan Portland Electric Power Co. -would be
dissolved and the common stock of Portland General Electric Co. and
Portland Traction Co., its principal subsidiaries, distributed among
tr.e bondholders and the prior preference stockholders.
The Realization
Corp. would be
established to acquire all the assets of Portland
Electric Power Co., not otherwise distributed and liquidate these assets.
predicated
is
says
V 26 Weeks Ended—
—
Federal
and
normal
surtax—.——
3,258,000
——:
Divs.
counts
Net
profit
—
——
L
♦Earnings per common share
♦Based
Note—No
period
receivable, loans
(less reserve for doubtful accounts cf $70,-.
etc.
deferred
S.
of
charges,
163;
claimed
made for Federal excess profits tax in 1943
companies did not appear, at that time, to be liable
159, p. 2527.
deposits,
etc.,
taxes
etc.,
$5,277;
•;
Operating
expenses
Interest
funded
s,
1,268,397
Other
disct.
and
g -z
g
$
29,924,903-191,948,632 166,581,574
15,961,406 112,262,122
89,332,629
1,079,006
7,360,360
6,145,711
19,294,278
—
taxes——-
Express
fy, "■
for
100,097
614,545
8,374
5,023
256,279
12,779,371
71,455,326
70,388,385
If
transport, rev—
—V. 160, p. 069.
Plan Effective—
stock
cumulative prior preferred,
5'k-
as
7%
exchange for shares held by
cumulative pre¬
on
offered to the holders of the
were
in
the basis of 1.6.
them
shares of prior preferred stock, series A, for each share of IFr cumu¬
lative preferred stock, together with all rights to cumulative dividends
thereon.
The plan of exchange was declared effective Aug. 4.
124,656
11,620,073
Rail
which
A,
ferred
590,193
104,018
debt
deposits, un-,
replacements of
guarantee
etc.,
indeterminate number of shares
an
series
on
deductions
in¬
349,-
on
On June 30, 1944, the charter of the company was amended so as to
increase the authorized shares of the company by 30.000 shares of prior
preferred stock (par $100).
Of the 30,000 shares, directors designated
1944—6 Mos—1943
1944—Month—1943
32,295;i40
income—'
and
reserve
taxes
and ether employees.
miscellaneous
$22,209;
reserves
Federal
than
(other
branch managers
to
Charter Amended—Exchange
Period End. June 30—
,
t
earned surplus, $986,652; total, $6,478,012.
Railway Express Agency, Inc. (& Subs.)—Earnings—
Revenues
;
.
$15,000; reserves for contingencies, $500,000; 7%
cumulative preferred stock (par $100), $920,500; common stock (par
$5), $890,220: paid-in surplus, $890,220; capital surplus, $1,291,165;
in that respect.—-V,
'}■
.
price, $63,930; due to vendors on cancelled
local
and
due
wages,
merchandise,
,
due to U. S. Government on
contracts, $483; accrued liabilities, $411,769;
State
customers',
1
patents and
goodwill,
$204,253;
,
payable, $312,507;
contract
Government
Federal,
come), $118,817;
provision
because
$972,776; ac¬
and doubtful
$1,756,791;*
and advances to employees
inventories,
merchandise
refund of excess profits tax, $72,000; invest¬
property, plant and equipment (net). $2,015,699; pre-,
and
expenses
redetermination
for
United States Govern¬
post-war
Liabilities—Accounts
U.
1944
Sheet As At June 30,
trademarks, $1; total, $6,478,012.
2,873,053 shares.
on
accounts
ments, $100,452;
$3,220,583
$0.98
$2,588,493
$0.78
—-
-
Balance
$637,764;
managers,
$51,076;
paid
refund.
$Lcss.
to war pro-,
post-war
plant facilities
cost, plus accrued interest thereon,
(less reserve for returns, allowances,
$52,599),
branch
032),
$3,246,898
26,315
22,316
of
miscellaneous
and
certain
of
hand and in banks. $667,198;
on
receivable
accounts
v
$2,610,809
conversion
.
securities—at
ment
2,600,000
1,079,000
—
tax—.——
profit
^
.v
paid on stocks of subs, in hands of public
Net
.-
—
.
Federal excess profits
collateral trust income
6't
operations
Depreciation
income
bonds of 1937 would receive,
for each SI,COO principal amount of
bonds: 35 shares of Portland
Traction Co. common stock;
8 shares of Realization Corp.. common
ctock; 52 shares of beneficial interest in 52 shares of Portland General
Electric Co. common stock and $6.92 in cash.
• >
Prior
preference stockholders, for each share held, would receive
569 share of Portland
Traction Co. common stock; .145 share of
Realization Corp. common stock; certificates of beneficial interest in
.856 share of Portland General Electric Co. common stock and cer¬
tificates of contingent interest in the amount of $157.38 with respect
to shares of Portland General Electric Co. common stock issued upon;
toe contingencies and subject to the limitations set forth in pn
adjustment trust agreement. ';
Holders -of the first preferred stock would receive for each share
t'-id a certificate of subordinated contingent interest in the dividends
vith respect to any share of Portland General Electric Co. common
t*ock exceeding the aggregate
number required to satisfy all cer¬
tificates of contingent interest that are issued.—V. 160, p. 1022.
of
Holders
from
Profit
with
.
Consolidated
July 1, '44 June 30, '43
$7,597,104
$6,493,438
649,295
646,541
>
,
connection
Assets—Cash
Subs.)—Earnings—
Corp.- (&
Radio-Keith-Orpheum
*
bonds of 1943 would
receive, for each $1,000 principal amount of bond: 40 shares of Port¬
land Traction Co. common stock, 10 shares, of the Realization corp.
common stock and 60 certificates of beneficial interest which eventually
vould entitle them to 60 shares of Portland General Electric Co. conv
trust
collateral
6f.v
the
of
Holders
gin
(iuctjon.
the
on
profits taxes after deducting $72,000
excess
outstanding production," employees of this corpora-*
tion have earned a third star for the company s Army-Navy "E" flag,
ft was announced on Sept. 6.
■
;---.yyy':.y ;
y;
This honor came three weeks after the U. S. Maritime Commission
awarded the corporation the third gold star ta be added to its Mari¬
time "M" pennant—V. 159, p. 2678.
•
"continued
-.For
The
it
Monday, September 11, 1944
Radiomarine Corp. of America—Third Star Added—
.
|;Ian
a
FINANCIAL CHRONICLE
THE COMMERCIAL &
1084
all
stock
will
shares
of
the
exchanged,
are
be affected
outstanding 1%
presently
the
stock
capital
and
preferred
cumulative
surplus
capital
accounts
follows:
as
After
Handle Gosnold Sales
to merchandise the entire output of
which it recently acquired. Originally
company to handle only the curtain
Powdrell & Alexander, Inc.—To
corporation has decided
control of
been planned for that
materials output of the Gosnold concern.—V. 160, p.
-
The
•Gosnold Mills Corp.,
had
It
able
revenues
misc.
and
local
Federal
1,341*585
627,122
3,388,586
Fed., normal and surtax
Fed. excess profits tax
911,143
2,049,350
1,496,343
2,234.533
1,648,591
Norma!
and
79,200
Other
$3,057,212
1,458,493
•'
689.
p.
$3,429,204"
$5,527,202
2,626,506
$6,082,931
' 3,166,492
$1,581,242
$2,900,696
$2,916,439
interest
expenses
of
1,092,635
taxes
401,931
1,592,919
345,311
1,344,887
tFederal income taxes..
180,053
165,698
877,917
378,995
1,756,053
operating income
(Other income (net),
$635,647
$675,271
$2,829,467
1,459
1,436
8,414
income
$637,107
$676,757
$2,837,881
$3,122,702
Gross
:
Interest & other deduct.
"Net
for
Frov.
divs.
priof
quisition
of
thidistrib.
former
riods
f
to
the
sub.
for
income
realized
Preferred
pe¬
acquis^
48,526
^On
.
end
:Co.
$412,790
$373,091
$1,732,503
104,375
455,000
417,500
$268,716
$1,277,503
$1,363,335
divs....
31,
For
of
its
former
comparative
.constituted'',
is
subsidiary,
"Net
purposes,
Southwestern
income
the
of
Light
&
company
assets
Power
subsidiay
31,
tNet
•
1944.
income
(specified
in
held
;■■■•
figure
bw the
including
actually
*),
public,
';•*.v' yy
■
less
surplus
the
results
of
e.c.ded
June
tax
f,-referred
*1.
30,
stock;
332.
<
W.
Muldrow,
C., Aug. 28,
and
of
Pursuant
in
-
552,764
226,262
262,579:'
which
stocks
retired
were
to
for
said
bonds
foreclosure
the
company
requirements
-
is
the
net
reduced
were
$42,500
the
as
result
of
'r:
y :•
v
■
■
:
.;■<■•
on
in
accordance
$57.83
■:F lien
been
Eastern
District
of
covered by the
sold
by
South
of
Master
of
proceeds
the
railroad company,
the
assets of
securing
trust
and
U. S.
dated -Aug'.
I Jig
Carolina,
indenture
the Special
sale and certain other
with
order of
an
for
said
Court
dated
Aug.-26,
i;
1944.^
National; Bank,:. 25
bonds
$289.15
$200
held;.
for
t_
each
for
held;
principal
share
them
due
;
each
bonds
■
principal
Export
V.
*
has
Co.,
Corp.
160,
p.
to
been
succeed
named
C.
A.
President
Liddle,
of
^vho
as
the
principal
>
.{
of
amount
agent
for
the
the
by
The
Corp.
»-ct
of
New
included
in
has purchased
York
belonging
Pa.
the
oil
to
the
above
as
Special
bondholder
mail
amount
End. June 30—
less
♦Cost
1
returns,
;
,
,
first
and
Master,
Western
sale
to
the
Oil
operations
Quaker
Corp.
of
State
and
firms
Corporation,
it
instructs
>.
were
was
Fixed
1944
charges
....
JF.ovision
for
for
income
and
$2,085,528
1,237,930.
July—
Gross
ZZZZZ
excess
profits
202,894
243,290
225.COO
taxes
225,000
'
20,984,487.
13,102,092
$330,778
railway.^-i_L
Net/from
railway__^_
135,439
29,829
Net ry. oper. income—
Net
profit
253,748
$290,380
$287,499
276,599
Dividends
year.
-
$211,063
95,539
200,669-
109,400%
162,142
61,079
1,658,601
1,038,471
665.318
289,706
406,770
43,420
y
43,250
Gross
from
"
railway—.
2,465,101 •
1,250,253;
601,792
2,402.463
Net'from railway..
1,111,078
273,693
St, Louis Southwestern * Ry.^Incohie/Statement—
Ry.
operating
revenues
operating
expenses
2,847,375
Other
Federal
Other
ry.
85,727 •'"
89,196
—
1,770.393
1,412,871
124,223
tax
income
19,286,889 V 16,088,083
2,460,500
ad
tax-accruals,
I valorem
Federal
-
$36,356,857
$5,180,847 $39,738,126
$5,989,442
Ry.
Ry.;
1944—7 Mos.—1943
1944—Month—1943
Period End. July 31—
100,708
taxes—
.:
585,275
11,364,130
£80,639
566,901
,
.
10,001.063
653,652
207,272
210,580
$1,150,168
$7,828,462
$9,257,737
•
.
$1,186,528
,
$7,621,190
29,128
;
28,274
Deductions
$9,047,156
$1,121,039
$1,158,254
income
oper.
Net
-
405,593
2,221,689
2.420,381
$744,574
9,914
$5,606,772
220,061
$6,837,355
y ;--y 85.985
$754,489
$5,826,833
$6,923,341
252,571
1,775,022
2,046,263
$501,917
$4,051,811
$4,377,077
v
351,863
...
said
returned. by. ordinary
be
said
bank
that
due thereon—V.
1944
cost
160,. p. 669.
the
„
same
thereof
to
be
be
-:v
(& Subs.)—Earnings—*
1943
'
1941
1942
-V.
V
$7,281,676
$6,283,591
$4,882,612
6,119,394
4,589,494
4,603,370
$164,197
$294,119
•
and
42,591
29,147
$209,573
of
1
283
Prov,
911
for
for
Fed.
■
5,015 y
J■ '
147,424
14,827
$1,108,397
$150,359
Cr5,145
1*800,000
75,000
50,000
.
profit
losses
and
$610,096
160.
670.
p.
company,*
of
276,590
$13,781
Net
the
vy
has conducted a large business with buyers from the
warehouses direct, especially in builders' and shelf hardware.
It was
asserted
that the company
is spending $250,000 to modernize 'its
The
comi>any
60.00Q
19,571
large
Schulte Real Estate Co., Inc.—Interest—
I
The
York
New
amounting
to
»/2
Exchange
Curb
17<<
of
($5
cumul.-
taxes
4
conting."
j
pfd.
Cr7,238
■
in
1942,
$1,000
debenture) would be paid on
debentures, du£
31, 1944.
(
The Committee on Security Rulings of the Exchange ruled that said
debentures be quoted "ex-interest"
of 1% ($5 per $1,000 debenture}
on
Aug. 30, 1944. and that the debentures shall continue to be dealt
in
Crl6,729
"flat."—V.
158, p.
777.
Schutter Candy Co. of Chicago—New Control—
'70,000
; 80,000
;
».s
See Universal Match
Z
Corp. below.—V. 144, p. 1801.
"
$210,73i
$21,504
:
;
$19,601:,
$11,586
stock
nciciu
$136,587
interest
recently received notice that
per
1, 1944. to registered holders of 15-year income
June 1, 1951, of record at the close of business on Aug.
Sept.
$$5,144
Z$ 162,362
'
the Defense Plant
The first act under the new regime will be to liquidate
stocks held in
New York City. and Chicago warehouses.-^
160, p. 364.
Corporation.
loss
profit
$10,900
77c
Conn.—Distribution Plan
manufacturers of
focusing
by -the jobbers..
possible future
&
..
small-hardware,-,has adopted the
distribution*? of their pioducts with jobbers
Instead of with retailers, aside from special ^accounts, it was reported
on
Sept. 4.
The company announced a belief that the best over-ali
coverage of the market for their product at lowest cost is furnished
2,992
yy'r
41,736
I)r47,665
Res.
2,337!
2,652
6,634
profit
Special
258,527;
inc.
gross
income
This
|$2,152
fixed
2
_1
$336,709•
plant expense
Net
y.
foundry and increase its capacity-under auspices of
discount
sale
assets
from
policy
f$31,299
45,376
$4,572,071
/
and
income
on
33.958
y.. $868,623
income
Sargent & Co., New Haven,
•
30,289
packing
Profit
Loss
$834,665-
income
income..
ry.oper.
stamped by
bonds,
*io
n
and
Properties
of
Florida
101,136
Surplus for half
-V. 159, p. 2309-
1941—
1942
$358,787
$280,481
1
Ry.—Sale of Three Roads—
Seaboard All-Florida
r
8.563,691
6,217,105
(
1943
1944
>
from
Net
al¬
etc.-
1,075,991
240,730
;
_
depreciation
Provision
1943
$2,196,934
expensesZZIZZZZZZZ
60,108,273
9,328.346
,
mortgage
sold,
expenses
Interest
Idle
and other
1,118,879
St, Louis San Francisco & Texas Ry .—Earnings—
Deduct,
-authorizes"the
-and
SExpense
taxes
.
'Chronicle"
Note—The earnings of the System were published in the
of.Sept. 4, See V/160, P. 1023.
'
■
>
Gross
6,195,740
discs.,
goods
selling,
adm.
Oil
160, p. 669.
revenue
66,420,336
20,412,088
income-
jtfdn-operating
_
Pennsyl¬
Niagara
the-two
railway
railway
oper.
mortgage
the
will
Quebec Power Co.—Earnings—
Operation,
32,611.827
from
ry,
^
prior
-
mortgage
$1,116,224
of
Other
-
producing properties in
Forest
6 Months Ended June 3C—
-Cross
.43,500,702
13,446,125
10,714,967
from
Net
V.
Bradford,
reported,—V.
2,699,638
2,227,389
1,501,262.
2,1.13,616
1
769.
corporation
and
3,514,884
1,568,327
consolidated
of
amount
Real Silk Hosiery Mills, Inc.
6 Mos.
lowances,
Car
Quaker Slate Oil Refining Corp.—Expansion—
vania
3,925,949
From Jan, 1—
of. consolidated
amount
principal
due
sums
registered
director.—
a
1941?
Net; from' railway-.:^-oper. income—
Net ry.
prior
mortgage
v
for
as
deducted from
Car Manu¬
Pullman-Standard
remains
Only—*
$5,142,627
^
$200
returned
:yZyyy
first
$1,085,936
facturing
1276.
and
mail; 'unless
;
.
p.
>1942
at
'v.'.:-
held.
Checks
period
of
'
$84.69 for each $1,000
•bank
amount
^
$1,000
'
deducting:
of Pullman-Standard
157,
Earnings of Co.
1944
.
from
of-payment-thereon,
;
;
each
lien bonds held;
■y
Sales,
Pullman, Inc.—New President For Unit—
the
.the following rates: -.
,
Charles W. Wright, a Vice-President
Francisco Ry.
$7,330,871
prior lien
mortgage
Upon delivery of such bonds to the Baltimore
East Baltimore St.,.Baltimore, Md., for endorsement
holders will be entitled to receive the distributive
stock?
■
-
first
the
same
1943
Ir'ojv P(-„V Florence,
No.
of
represented by cash and the proceeds of sale of unmortgaged property
the said company, are now available to the holders of,said bonds
-Vy?;^
taxes.in.the 12. months
120
holders
to
the
of
income
preference
on
.V
.--V
profit?
excess
has
$16.94
by
Master,
the
to
subject
invest
bring that firm's capital to $1,000,000 and
to
income—
—V.' 160, p. 571.
mortgage bonds said:
V'.V.,/ W
provisions of a decree of foreclosure bj.the
the
Court
bonds
dividend
Special
notice
a
additional issue
an
$9,407,293
consolidated
1941,. the property
18,
payments of dividend arrearages on the company's
net
income was correspondingly- increasedw-V*. -160,
-
■
and
1943
purposes,
1,631,400
"515,047
$9,133,842"y. $9,112,615
Charles
bonds
of
$500,000,
simultaneously
would
$10,529,354
2,113,600
.
557,715
-
issue
new
for
stock
Co,
interests
100,000
railway—
July—
Gross
44,876
1,631,400
;
other
Net ry. oper.
-
realized
the
distributed to the company,
fcr
6,999
27,225
«
;
the
Insurance
>
of
sale
and
issuance
21,667
■
160, p. 332.
opera¬
the former subsidiary held by the public in the periods prior to
ecqusiition and less the portion of net income of the former subsidiary
accruing to the company in the periods prior to acquisition but not
^Federal income
$4,000,000
^
rV-1 515.047
:±
in
Net
$9,112,615
.'iV'
2,113,600
.
that
the
at $10 per share.approved the purchase
also
Fire
Penn
St. Louis-San
71,393
21,667 i
-
par>__
capital stock
stockholders
Wm.
authorized
From Jan. 1—
cI
.
67.385
4,609
-
-
have
now
as
tions of the former subsidiary for periods prior to acquisition; without'
deduction of the dividend requirements on preference stocks of. the
former
87.384
$4,000,000
surplus
;
consolidated
a
in liquidation 1 the
the company acquired
1944,
142,235
$9,133,842
$10)
L
(par
Famed
$1,780,835
123,125
$289,665
Jan.
stock
such
by company
busniess
;
174,343
68,169
actually
stock
4,122,360
'J'i
surplus
District
Balance
■r
215,804
112,164
of
inc.
net
pripf <to
tNet
Common
Capital
S.
53,934
of
Gross
'
subs,
shares of
$726,469
■
been
'•
Raleigh & Charleston RR.-—Distribution—
ac¬
stockholders
The
3,895,390
Liabilities—
Collateral trust 3V*S,
Accounts payable
Coupon Interest accrued
Tax
liability
6Vc preferred stock ($100
has
pennant
Its surplus to above the million-dollar mark.—V.
1943
-
$726,469
I......;
"E"
Navy
.
amount
3;674,979
'
notes
and
Rhode Island Insurance Co.—Plans Stock Sale—
73,413
-•>
.
<
awarded to the com¬
pany's No. 2 Chicago plant, it was announced on Sept. 5, after receiptby the company of notice from the Navy Department.
This is the sixth
Rhcern plant to receive the "E" award and the second Rheem Chicago
plant to get the pennant—V. 160, p. 1022.
agreement
$2,170,982
by public during
periods
73,413
.
,
Total
stocks1 of former subs,
held
and
Total
'
pref.
on
j$0.45 per share)
1944
bonds
738,865
Manufacturing Co.—Awarded "E" Penant—
Army
95,112
95,112
951,720
.
$1,012,836
$445,551
$412,790
divsj
share).
per
'4,249,148 *-■
Cash' —■' '124,453 '
Accounts receivable, .i—
229,903
Accrued Interest receivable—
"
63,287
Unamortized bond discount and expense65,604
company
constituted.
as-now
925,045
$193,890
•
Special
231,206
101,841
101,841
$223,342
„
($4.50
$1,472,800
^
Rheem
The
$295,732
debt.
Government obligations
S.
-V.
of
inc.
224,317
$920,500
1,291,165
'
•Stocks
$3,113,385
9,317
Net
funded
on
Exchange
.62,256
Comparative Balance Sheet, July 31
,162,571
*
1943
.
$357,988
49,235
/___
Assets—
U.
832,478
415,131
..
.
divs.
Common
.328,853
tFed. exc. profits tax..
21.75
$374,419
taxes
amortization
(14,728
cumul.
The
,498,275
339,328
_
179,834.
409,908
fcepreciation
and
income
Net
737,981
1,169,357
314,297
23.18
Ended July 31
.
Interest and
$3,127,576 $14,352,531 $12 ,582,789
4,781,931
,909,447
980,536
$3,387,000
revenues
Operation
Maintenance
General
.1944—12 Mos.- -1943
1944—3 Mos—1943
Period End. June 30—
Operating
Oklahoma—Earnings—
258.17
20.49
267.91
278.92
for 9 Months
stock—Series A
pref. stock <9,205 shares—par $100)
Capital surplus
—V. 160, p. 332.
Exchange
shares—par $100)
1%
July 31, '44 Apr. 30, '44 July 31. '43
$247.38
$241.56
$236.41
.
bonds.
dividends
and
76,798
•
Public Service Co
.«
1,847,961'
'
prior pref.
'
$325,184
Total
Total
Other
income
160,
$6,006,133
$1,598,719
income
Gross income
It.terest & other deduct.
—V.
$5,437,267
89,935
income
•f:
Net
$3,383,102
46,102
$3,005,884
(net).,...51,323
operating
**
1944
Preferred
Wet
were
assets avail¬
outstanding as at the
the company
,
Earnings
2,726,713
980,975
1,676,313
of
security
pfd. stock, series A
Per share of common stock—'
Balance
surtax..
profits tax
in the portfolio
appreciation
Per share of 6Vc
3,586,280
Chgs, in lieu of Fed. -taxes—
Excess
of
V
MM
-
1,384,566
__l—w
taxes
class
$100 of coll. trust 3aA%
Per
'
____
—
Crate,
indicated
the following summary shows the aggregate of
each
for
5# "cumul.
(after allowance for possible Federal
quotations
the
if
surtax
dates shown:
•1944—12 Mos—1943
1944—7 Mos.—1943
$17,591,386 $16,102,773 $29,645,673 $27,191,088
11.560.232
10.943,621
Operation
6,721,406
6,507,233
1,424.995
1,204,529
Maintenance
."817,423
708,396
2.772,397
2,685,198'
Frov. for depreciation:.
1,647,397
1,575,000
Period End. July 31—
market
upon
and
realized!,
1022.
Public Service Co. of Indiana, Inc. -Earnings—
Operating
Eased
income
Complete
Before
Light Securities Co.—Quarterly Report
Railway and
uiiurge
$146,819
01
in
sold
46,828
5iiv,7Uu-in
1941
for
it/44,
5lJ2,4fa4
depreciation.,
in
Western
auction
at
la'ij,
flncludes
,.
,
•
three
&
railroad
Northern
at .Miami,
systems,
RR.,
Fla^,
(Continued
and
Sept.
on
the Seaboard All-Florida
East & West Coast
1 for $9,350,000.
page
1118)
-
Ry.,
Ry.—were
Z
:
.
;
.
•/--
Volume
THE COMMERCIAL &
Number 4315
160
1085
FINANCIAL CHRONICLE
II
Stock and Bond Sales
delivery aalea are disregarded In the
NOTICE—Cash and deferred
WEEKLY
;'''
'>
Sept. 2
8. Bond Pricee
Sept. 5
Sept. 4 /'
•
Sept. 6
-
.
Dally
Sept. 8
Sept. 7
[Close
<",
-
,
.
\
1964-1969
High
f'".i
* •*
Close
'
■
3%e, 1946-56
2'/as
.
Holiday
(High Holiday
_■{
3%s, 1946-49
Low ;
units
Total sales In $1,000
:
[High v
[Close
2
[Close
—,
-
—
'
—j Low
'
.*
/L;L.
—
3
.
[High
—
—
___
—-
[Close
■
/
Close
-
units
Total sales in $1,000
Close '■
102.13
Total sales In $1,000 units
(
2s, March
-
■
[Close
Low
Total sales In $1,000 units
! ;
v
—
'
?
1956-59—.™—.——{ Low
[Close
•,
-
—
IHign
Low
•
—
:;/;r
—
—
111.18
•
111.18
Low
1945
v-:V'TV;.y
Total sales in $1,000 units—
—;L
(Close
—
[High
Low
[Close
100.25
;
2s, 1951-1953
Holiday
101.10
I
Total sales In $1,000 units
—
Holiday
Total salea in $1,000 units
101.10
[Close
—>
—
(High L
{ Low
101.10
| High
{ Low
1950-1952
Sept.,
2s,
/jLL;
—
.
—
—
Close
1948
———
f High
;;
—
'4
[ Low
(Close
1950-1952
March,
<
it
—..
Total sales in $1,000 units
-
Total sales In $1,000 units
2s,
1*
—
High
—=
f High
[ Low
[Close
111.18
—
units
Total sales in $1,000
V
7
1949-1951—:
Is, Deo.,
(Hign
(close
V.
2%a»
.
\ Low
v
2Vz8,
Total sales In $1,000 units—
t'
—
—
,.'1
(High
\ Low
[Close
1949-1951
Sept.,
Is,
—
Close
Total sales in $1,000 units
Total sales in $1,000 units
-
■
—
Total sales In $1,000 units
2%S, 1960-65
[High'
•( Low
[Close1.
2s, June, 1949-51
.
(Hign
■v
[High
Low
j
2s, Dec. 1948-50
r
Total sales in $1,000 units——•
2'UB,
low
Total sales In $1,000 units
—
(Close
>
High;
|
1948-50
(Close
-
(High
2'As, 1951-54
Low
•
102.13
Low
2%s, 1948-51
1
High
-
4
(High
100.19
units
1947
2s,
„
units—.„
Total sales in $1,000
$1,000
■
102.13
\ Low
2%s, 1945-47
sales in
100.19
100.13
1
111.23
;
—
100.19
[ Low'
[Close
1956-59
Total
100.19
100.19
[ High
2'AS
111.23
—.
'•
■
—
,,
[Close..;
111.24
Total sales in $1,000 units
•
Holiday
Holiday
[High.
t
r;..
—
—
[close
-
28
l
1 Low
2y4S, 1954-56
110.30
100.15
'
'
—
[Close
:
110.30
f
—
100.15
Low
•'
5
.
100.15
v;:Vv
—
(High,
Low
'
■
-I Low
:
-
100.12
Total sales in $1,000 units
—
2%s, 1955-60
.
100.14
2
—
Total sales in $1,000 units
•I.
1
110.30
"' [High
:
;
V
...
—-
—
[Close
units—
Total sales in $1,000
104.8
/LL—
>•'
(High
,
-
—
?s. 1951-55-—:—
■
:
—
$1,000 units
Total sales in
-
100.12
100.12
units
ayas,. 1952-55
104.8
j Low
1946-48
Vis, 1951-53
104.8
—
10
100.14
100.12
100.14
;-
[High
( Low
[Close
♦
—
LLv:
rHigh
100.9
100.12
j,;1
1
Total sales In $1,000
—
"
•
:
...
.
—
units
Total sales In $3,000
3s,
—
j Low
100.9
100.11
;
[Close
V
.
1949-52—
a
,
100.14
(High
■
3 Via,
.
100.10
100.11
:
units—
|
~
•
10
V
Total sales In $1,000 units
—
100.8
100.9
6
■'
—
100.8
;■
.
-
I ClOS0
2Vis, 1967-72
.
[Close
;
100.8
.
100.9
100.11
[High
{ Low
$1,000 units
Total sales in
-
units
sales in-$1,000
100.9
.
100.12
'—
—:
Sept. 8
Sept. 7
Sept. <;
100.12
7
1965-70
Total
Sept. 5
—-
•'
(High
.] Low
[Close
L—
Low
[Close
'
•
.
Total sales in $1,000
*
units—
Total sales In $1,000
bonds on the New York
100.12
[High
{ Low
2'/aS, Dec., 1964-1969
Low
4a. 1944-64
Sept. 4
i
Sept. 2
sales in $1,000 units
Total
units
Total sales In $1,000
j
| High
.
2 VaS, June,
1 Low
U. 8. Bond Prices
Record of
Treasury
[ High
.
4%s, 1947-52
for the year.
the New York Stock Exchange
on
Home Owners' Loan and Federal Farm Mortgage Corporation coupon
week. Figures after decimal point represent one or more 32d of a point. i
; ;
the current
6tock Exchange during
Treasury
Securities
daily record of the transactions in Treasury,
Below we furnish a
Dally Record of U.
YEARLY
-
transactions of the day. No account Is taken of such sales In computing the range
day's range, unless they are the only
United States-Government
:
;
New York Stock Exchange
«»
-
/
in $1,000 units
Total sales
100.22
100.25
100.22
100.25
100.22
1
—
High
JHigh -i
Low
Total sales in $1,000 units
Close
Total sales in $1,000 units
—
107.7
[High
-[ Low
.
,
IMiS, 1950-52
—
—
.
■
-I Low
103.30
___
,y,y.[Close
103.30
1
"
—
—
fHlgh
v.
....
i Low
J
^
,
—
y
—
Home
Low
[Close
:
/
Saturday
LOW
Sept. 2
Sept. 4
.
5
' —'
SALE
•
!
62
'•
TZ
)
•
r
•
—-
'' J—
.
;
I
■'
!
*
f
*
5
1 {
—;J
..
.
'
*•'•>:
*55%
1
JlWr-;
;■ :
I
-
L
,
-
8%
62
-
12'/a
■
'
V;
•
,
31;
t-
*91
J&rJr
7
...'
' '
' •' 11
•T-'.?-, .;
•
•
'.'i
-J
;
/ •'
—
'v
—
—
'
'
—
'
■
,
'
'
i
L
—
—
—
"
.
•
'*
—
■.
footnotes see page
'.
143%
2'A
;
•
;
1095.
39%
6%
144
85
•
»'*
15
151 %
;
*81'A
14
•
if 57'A
!
*54%
8%
*59%
11%
11%
14
.:..
*80
13'/a
151%
xl47%
1,400
,
60
y
•
8.300
'*
5.900
11%
22
39%.
39%
40%
89
/
*85
6%
6%
*143%
144
2'A
26%'
85
13%
148
f-'L
:
L
2.200
3.800
30
90
6%
-
10.100
110
147
15.600
2'A
28%
28%
52
13.500
52
26'A
*81 'A
13%
147
26%
,
600
>,
4,400
85
900
13%
1.200
148
-
16'A
15%
15'A
*15'A
16'A
15 %
15'A
31 Va-
32%
30%
31%
29'/a
30%
30
30'/a
,
•
300
6.000
Highest
^' Lowest
"
S per
Par
ACF-Brill
Motors
2.50
25
LI
Co
Corp
;
Vicksburg Ry
Juneau
Min
Gold
No
Par
8»/a Aug
No par
100
10
31
19'/a Jan
6
"26'/a Jan
37'A May 18
75
Jan 13
•
5'/a Apr
Jan
Allied
Chemical & Dye
Allied Kid Co
Allied Mills Co Inc
-
1
No par
5
No par
18
3
Mar 29
2
Jail
57 '/a
Sep
7%
Jun
93
Sep
July
Jan
13
Apr
25'/a
*
Feb
32'/a July
•21'/a Mar
41'A
*
16
43
52
"*
31'/a Jun
24
63'/a Mar
115'/a
35% Jan
t
64% July 17
37
Allen Industries Inc
3
$ per share
Jan
Nov
108
^
.13'/a July 12
preferred-No par
Alghny Lud Stl Corp
No par
Alleg & West Ry 6% gtdi.
100
$2.50 prior conv
9% Aug
3
27
124
Allegheny Corp
5'/2 % pf A with $30 war
7
Jan
100
1-1
100
Albany & Susquehanna RR
8
..July
10% Jan
53-
10
Address-Mutigr Corp
Air Reduction Inc„;
Alaska
12
60
Express
Alabama &
23
Jun
114
24
No par
51 '/a
64'/aJun
17
Jan
Steel Co__
Adams
21
52'/a Feb
109% Jan
47,
$ per share
# per share
100
preferred
4 %
share
No par
Abbott Laboratories
Adams-Millis
31
22
'
Lowest
EXCHANGE
Acme
■
Year 1943
Range since January 1
Highest
,
Abraham. & Straus
•r.'.';
8%
60
*30
50%
149 %
57%
22%
31
50%
x26%
share
60%
8%
28%
85
Rahge for Previous
YORK STOCK
Shares
111%
-
NEW
the Week
Sept. 8
*59
v-
61
2'A
27%
Sales for
*110
'
;
27%
53%
27%
27
60
2%
29%
-
*
t per
112
2%
51
*51 Va
22'A
X89
144
27%
151%
■
For
6%
-
51
*15
•••*
—■*
-
6%
2'a
14%
'
'
93
30 »A
*82
*
•'
*30
:
40'/a
93
149 'A
27'A
"■
4
"
'*
39 Va
7 V'8
1
11%
-
22%
2%
;
.
—
.
31
:
22%
29'A
——
^
11%
93
;•
*144
'
->—
*30
8%
*59%
..:
40
1
•
.
'
11%
'
22 Va
22
39%
■
C*54%
9
*59 '/a
®30
>
;-i,
TT'Lv
■
59
110%
57
9%
12
.«•
/.
< per share
61%
62%
-60
-
—
^Transaction of registered bond.;
STOCKS
Sept. 7
:
8%
o'
-i "
57%
s55'/a
•
«
112%
*112
-
r
.
'
—
I
Friday
Thursday
S per share
xei'A
62'/a
113
**112 L
..—
Sept
;
—
STOCK RECORD
,
PRICES
Wednesday
•
S pet share
'i
:
HIGH
Sept. 5
$ per share
share
S per
'/?
L
Monday
(
AND
Tuesday
\ Low '.
''■Odd lot sales.
'
—
■
___
[Close
100.11
:
........
'■
;
—
Loan
Total sales in $1,000 units
100.11
NEW YORK
■
Owners
1'/as, 1945-1947
f
,
r
Total sales In $1,000 units
■'
■
v
[Close
>
•
100.11
L~
i
1963-1968
Holiday
Holiday
(High
—
[High
•
v
—
■
.
.
3
—
"
•
'
Total sales In $1,000 units
[Close
Total sales in $1,000 units
1
1
V
-
—*
2Mis, 1962-67
100.15
100.15
2
■'
'
j High
—
Total sales in $1,000 units
:
■
{ Low "
1948—
-
[Close
2%8,
Total sales In $1,000 units—---
l'As
—
[ Low
lV4s, 1956-58
;
-
—>
—
f High v":
[ Low
[Close
1953-55
2s
—
Total sales in $1,000 units
100.14
100.14
I High'
103.30
[High
l
'»
$1,000 units
Total sales in
—
—
100.15
100.18
100.18
[Close
3
L
100.14
100.18
___
—
J Low ^
1952-1954
2s,
107.7
[Close
■
[High
107.7
—
Total sales in $1,000 units
2%s, 1952-54
LOW
1951-55
2S.
%■
:
v
—
1
—
Close
27
14%
Jan
July 15
38%
Jan
48 7/a
Jun
Sep
67
*
Jan
76'/a
Sep
3%
Jan
7'/a
Apr
Jan
128 Ya
Dec
6
7% July 13
161
Jun
3
*
85
'
3
3'A July
•ft Jan
.July 14
5ya
32'A
Jan
Sep
23'/a Jan
3
34% July 14
Jan
4
58% July 14
13
Jan
45%
5
18 ya
Jan
31% July
13
64
Jan
75
.
'
24'A Apr
19
29% July
Jan
21
85»/a Jun
70
9 'A Jan
3
141.' Apr
26
113% Mar 18
29
Aug 15
•
11'/a
Sep
May
Jun
"■
Jan
152% Sep
1
140y2
Jan
16'/a Feb
5
10%
Jan
14% May
35'A Mar 27
16 Va
Jan
37%
15% Aug 23
7
165
July
Nov
THE COMMERCIAL &
1086
Monday, September 11, 1944
FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
S per
Sept. fl
I per share
share
20%"
20 Va
41%
3
77 V4
29% ,29%
76
77%
22%
X20%
21%
67
♦65%
66%
♦06 Va
16%
17%
15%
45
45
•
44,i
•
134%
♦132
127 k
12%
.
91
179
178 *4
180 %
♦179
;.i
13%
88%
1
90%
2.000
'
29%
1.000
74%
3.200
American
Alrlmee
20%
21
2.600
American
Bank
16
16%
5;700
1.000
Am
1321
*
-a
12%
12%
13
88
Amer Cable
50.100.
87
1,500
41%
38%
39
39%
39%
83%
803. ' 81%
80%
'81
81%
82
1.700
/
26%
25%
: 26
25
25%
2.000
Am
25%
26%
26%
38%
1217 a
♦112%
115
♦112%
115
♦112%
115
♦121%
122%
•121%
122 V4
♦121%
122%
13%
13%
133
17%
17%
16%
17%
16%
105%
105%
106%
♦105%
23 y4
4'%
4%
4
28%
4%
95 %
92
21%
20%
GO
36
20%
8i
'5 %
a
5%
35
71%
71%
71
7%
7
7%
78%
8%
♦8%
70
76
78%-
8%
49
18
19%
93%
3,300
American
1,900
American
74.% J :f
',300
2,700
8V«V
.100
8%~.
♦8%
130
49
43
18V.
18%
1
Products
No
Ice
No
Locomotive
American
16,400
93
91%
92
92%
92 Va
■700
7%
10%
16%
16
16%
15%
16
2.200
Amer
Mach &
Fdy Co
11%
•XlO %
10%
10%
10%
3,300
Amer
Mach
Ivleiais—
No'par
23
22%
22%
22 Vt
22%
♦22%
23
1.100
Amer
Metals Co Ltd
127
♦125
127
♦125
38
53%
37%
2%
541'4
Amer Power &
7.800
2%
2%
54%
51 >4
12%
47%
49%
12%
50
11%
12%
47%
ll7a
♦178
12
Am
30.200
Rad & Stand San'y
3
3
14%
11,900
70%
71%
1,030
♦16%
17%
16%
16%
13%
16%
♦16%
16%
i 700
American
Safety Razor
17%
173b
16%
17
18%
163«
16%
16%
1.000
American
Seating CO—
28%
29%
28%
28%
♦28%
38%
39
37%
38%
38%
159
23%
25 %
18%
r
18
i
49
47
49%
125%
28%
163%
163%
71%
71%
73
73%
149%
24
18
Xl7%
24'
40%
40%
1253a
125%
28%
27%
27%
162%
163
16134
70 %
r
163
%
71%
70%
!
72%
71%
% 150
149
3.3%
12
12%
11%
12
12
44%
43Va
44%
43%
43 %
121
♦119%
121
♦119%
1.800
preferred
610
6%
12%
3.400
Amer
43%
2,100
9%
•
L~.
•
'""r;
:''5v
£4':/
:
.
"
.
.
>
•_'
V-L
V4
-86
.
^
'
•>
4s
,
>'V
i«>*W
4%
27%
31
97
100
8
3.800
83%
4%
V
♦48
4%
84%
84
•
%>•■
26%
26%
25 V8
26%
25%
31
28 %
29 3
29%
29 3 4
26%
25%
26%
25
25J/->
4
Preferred
139
Jan
Anaconda
-67% Jan
I 550
Anaconda Wire & Cable
Anchor
.50 ;
10%
4%
4%
52
.
"j:
4
♦51%
4%
6%
5%
1%
46Va
I 100
Andes
3%
1.600
A
P
92%
♦104%
104
51%
5%
400
51%
5% y
44%
90
89%
.!/
105 %
43
107
44%
87%
Jan
Jan
26
Jan
78%
30
36%
Apr
4%
Apr
35
Jan
40%
Jun
53 %
Jan
70
May
5
May
2
Jan
66%
Jun
47
Jan
39%
13
Nov
12%
Jan
15% Jun
7%
Feb
10%
20%
Jan
27%
Apr
116%
Jan
125%
Nov
x26
3
Jan
Jan
48%
16%
Jan
45 %
Oct
6Ve
Jan
11%
Jun
10 Va
Jan
16% July
54
Jan
69 Va July V
Jan
15%
8%
July 17
8
18
32Tb Mar
July 10
•
•'
36
Dec
44%
104
106
♦103
104
I
42%:? 42%
*>42 %
42%
A
V
9%
10 V«
9%
9%
2%
2%
2%
2%
r2V4
17
107 %
♦100
16%"
17%
♦106
102
♦41%
106%
17%
45
98%
99%
99%
44%
44%
x45%
29% May S?
!
11% Mar
Jan
12
14
1
16
32% Aug 1
:'.127% Jan
158V» July
-
63% July
July 14
42 %
Jan
July 11
43%
Jan
65% July
129%
Jan
146% July
6%
Jan
•;
32
7
12% July
;
49%
Jan
120% July 11
10% Aug 12
98% Aug 15
9% Aug.14
53% Jan
<;
»
.
3%
3%
55%
94% Aug 17
6% July
*
5
88%
8%
Jan
•-
Jan
Jan
Jan
N'r
31%
29%
Dec
??
•
IV4
•
106%
♦106% 107%
94
38%
38%
34%
38
28%
60
60
♦60
29%
30
29
'-
112
107 Va
62%
63%
94%
94%
94
94 V4
34%
35%
35%
36%
27
27
♦60
63
9%
17%
10
74
72
3
6%
94% July 14
119
Jan
7
46
49
Jan
35i Apr 18
46% Jun 28
19
v
22%
21
23 V«
9%
9
71
117'
16%
616%
9%
%
4%
♦9
71
4%
20%
a
60
4%
•V
55%
30
17%
300
9%
♦70%
73
4%
4%
4%
21%
21%
TVa
7%
preferred
—
pref series A_
conv
:
—
preferred
6%
5%
conv
$5
of Del
8
>
7%
8%
15%
11
>
8
7%
.
21%
18,300
Baldwin Loco Works v t c
8%
27,400
Baltimore & Ohio
preferred
& Aroostook
Conv
5% preferred
Barber Asphalt Corp
14%
15 %
14 V8
15 Va
14%
15%
12.000
10%
"10%
10 %
10%
10%
a.lOO
4%
'
—
*
-
♦64
65%
—'
24
24%
■
♦17
18
—
52
52
51
——
15 Va
15%
15%
--
'
.
—
—
-t'
..
—
—
—
—
i
•
For footnotes see
15%
35%
108
Va
♦34%
108
10
117 Va
11Tb
12 Va
46
'
108
9%
35%
45
15 %
29
34%
11 Va
1095.
♦49%
15%
29.
—
page
52
15%
11%
—
—
17%
15%
—
—
23
16
35 %
♦115
—
—
23 %
16
29
9
—
—
-62
23
15%
108
—
—
♦17%
62%
24%
35
.
—
—
65
23%
62
28Tb
—•.....
—
—
♦63
V2
♦34 V
116
4
.
11%
15%
15%
♦108
.
Barker Brothers
100
100
preferred
5%%
15%
8.600
Barnsdall
15%
4,300
Bath Iron Works Corp
29
3 4 va
a
16%
15%
15%
28%
34 V
3,100
-
51
51
15%
150
23%
♦16%
51
28%
s
62
Bangor
:
35
1,600
♦106%
110
29
♦34 Va
110
Bayuk
900
Oil
Co
Inc
Cigars
Creamery
$4.25 preferred
Beatrice
50
'
9%
35 Va
116
117 b
11
11%
44%
45 %
9 Va
34
♦115
11%
11
X42 %
9%
34%
118
11%
♦116
Va
11%
9Vb
'1,400
Beech
Aircraft
34 V*
974
♦33
170
Beech
Creek
100
Beech-Nut Packing Co.
118
11%
.
Beldine-Hemlneway
"800
11V4
11
Va
11%
5,400
43%
43%
44%
16,500
Corp
RR
-
Bell
Aircraft
Bendix
Corp
Aviation
-
4
3
■' 3
May -19'
53J/4 Jan ; 7
52%
112
„
14 Va
7 -
-
par
13
100
_100
;50
Apr -19
May 26
Mar 31
Jan 25
66
Apr 19
% 3% Jan
3
No par
(The)
3
Aviation
10%
15%
10%
—
—
33
No par
—No
23,500
Corp
100
-
—
prior A
,
50
preferred^.
Nichols—
Austin
1,400
12% Jan
>. 90 " Jan
85% Jan
•
No par
Atlas Tack Corp——
%v 230
3
100 ^ 10314 Jan 19
-100 ^
53% Jan
3
—100 i
82
Jan
7
:.100<; 25% Jan.* 3
1 ,
25 i " Feb ; 15"
100
.-59% Jun
7
25
- • 24% Jan, 14
WOO
1075« Feb 18
i
5 .<, > 11% Jan
3
r
'
—
■
r,
Atlas Powder——
210
117%
W I SS Lines—.
non-cum
Atlas .''Corp
3.700
■
v
18
Apr
5% Jan
9% Jan
9V4 Jan
100
60
Jan
10
21V2 Apr
No par
12
Jan
—-.50
<
43
Jan
,.5
15% Sep
1 !. > 14% Aug
No par
25% Feb
25
31
May
No par
105% Jun
:
1
7% Jun.
;
50.
20
No par
1
3 ''
12% July 10
17
,
RR
Atlantic 'Refining*-—
5,800
.
Line
Coast
Atl G &
5%
'{
9% Feb
8% Jan
-
•
-..No par
preferred
Topeka & Santa Fe„
5%
preferred:
Atlantic
56
55%
118
16%
14
♦55%
55%
♦117%
22%
4%
5
>;
17%
29%
preferred
5%
'
100
113 >'4
—1
—100
.—1100
Goods
preferred-.:
Atch
300
63
13%
56
55%
73%
9%
74
4%
57%
28
♦112
13%
"55
56
»27
28 "2
113%'
13%
40
12.900
♦60
28%
♦112
14%
♦117% 118
17%
28%
i
2d
7%
8,300
1
1st
Assoc Investment Co..'
1,000
V
112
♦55%
57 %
58%
:
29 %
13%
56
♦117% 118
—
♦105%
63 %
65%
<63
112
Va
90
400
106%
28%
28
!
6%
Feb
Jan
——L—-i—'.i; <.N. 2V*s Aug 28
Associated Dry
X 140
•
62%'
93
♦27
106
1
63
%
106
No par
—
Apr
3%
47%
74% Jan
9
85
Jan * 3
—5
Corp.—
14V2
>
>
Jan
Jan
4% Apr
>
31
Jan
.
3
4
66
Jun
24
8
11
35% July 11
.
3
10% Apr 25
33TWanl3- :
117
Feb 15
July 6
15% Jan 11
46% Sep
1
13
; > 3%
Jan
15 V2
12
Jun<
97% July
»;
r
39%
.
Oct-
>108% Nov
67Tb July
90 V#
:
,
July
38 •> May
36%
■;
.
Oct
68
-
Oct'
-113%
Sep
13% May
57
Sep
68% July
16
<•
Dec
9% Aug
85 V* Aug
6%
Apr
20 %
Dec
10
;'
Apr
14%
Apr
Apr
Dec
Feb
28 % July
15%
Sep
Sep
30
Jan
47
12 V#
Jan
19 % July
13V2 Jan
20% Mar
23 V#
Jan
24%
Jan
105 Va
Dec
7V» Nov
25%
93
Jan
Jan
x29
May
33% July
xllO
14%
Sep
Sep
33% July
114
Aug
9Va
Dec
11% July
9 V#
Nov
20% Mar
Nov
39%
33
:
Jun
123
12%
'
,.
28% May
63 %
V'5% Jan
i
94% July
Jan
:5% Jan
"34%
Jun.
10% Ju n
-
Jan
6
3
!; 26% Jan 24
18
July 5
53
Aug 21
18% Mar 17
18% Mar 15
31% July 10
35Tb Aug 2
108% Feb 28
11% Jan
3
25
4
24
7
9
15
22
,10%
10% Jan
Aug 17
10% July 5
18% July 5
13VaJuly20
Dec
40% Jun
Jan
,6% Jan
V '4% Jan
.
3
3
Sep
Sep
84
.
24'* i': 24
Sep
75
>
Jan
"13% Jun 28
2% Sep 5
•
17% July 13 6% Jan
<"r 107% Sep
1
; 72% Jan
101% Aug 18 V 59V: Jan
"45% Sep •*'6
29%- Jan
108
July 11 'M00
Jan
.71% July 20
% 44% Jan
v.' 98 :Jun 27
v- 66
.Jan
" -44
May 31
>24% Nov
" 30
Mar 23
19 . Jan
.>65
Mar 15
44 -Jan
„
?32% May 17
. *'18% ,Jan
113V4 Aug 28
106
Mar
15Ve Jun 29
r
6% Jan
56
Feb 24
50% Jan
62
jun 12
>; 52' Wan
* 120% Aug 14
113<, Jan
;18 * July 31
7% Jan
;
>13% May 8
2% Jan
: - 84V4 May
9
28% Jan
5% Aug 8
- 3% Nov
111 % Jun 12
10V8Jan
30
Apr
Mar
34
'
Apr
23% July
116
57
Jun 16
6% July 5
3
Apr. j
.54% Mar
Nov
24 ;
Nov
July'
'79% July:
>>;• 7V4
3% Nov
24 Va
May'
9
Jan
42%
Sep
121 % Aug
115% Jan
8%
Corp
Aug*
115
21% Jan
:
Jun
33
Jan
91
7
Dec
•
17% July
<
17% Jan -
.
117% May 26
•12
July 5
4% Aug 30
Rights
4,300
45%
66%
♦17%
16%
98%
45%
107
Apr
151% Aug
Jan
Jan
Artloora
14,500
106%
93
58
5.900
2%
100
44 T •"
107
♦55%
Arnold
Aug
35% Jan
19%
v
Apr
161
Jan
Constable
; 200
107
93
14
16 'h
io%
99
66
14%
16%
16%
1,700
i
934
'
♦106
45
112
<*
9%
234
10
2%
—'
♦10%
10%
11%
•
—;
11%
♦10%
10%
10%
■11%
90
-
May
47Tb
Dec
16 Va
—5
Apr
12% Jan
25
■
IIIV2
preferred——No par
7% preferred
-100
Armstrong Cork Co
No par
Oct
Oct
173
Feb
154
28% July 20
of Illinois—
.
36
Oct
4V4 May
18% Jan
33% July 17
& Co
Jun
Aug 29
Aug 23
Aug 21
Aug 14
7
$6 canv prior
Sep
Aug 10
24
Armour
[ 800
.
Oct-
82 Va
Jan
Jan
Sep
17% May
7% Nov
Jan
•
;
7% Feb
54% July 26
28
July 6
42
Jun
Feb
75
3
114 •• Jan* 6
9% Jan 10
2% Jan
2
Jun
July:*,
2% Jan
20
preferred—-——No par
Mining
—20
May
7
25
Paper Co Inc-_———i-5
Daniels Midl'di.-.—..No par
Archer
13.600
e
91%
x90%
'
—
9
Jan
No par
Copper
W
'
Apr
29% May
39
;
—
10
6% Jan
Hock Glass Corp——12.50
$5 div
10%;
3%
51%
5%
92
'♦
114%
♦10
3%
51
6
♦90 %
♦113%
10%
3%
.52
92%
6
114%
♦10
11%
*10
52
♦113%
114 %
♦113%
114%
10%
—
Jun
1% Jan'
22% Nov
'
♦113%
,
Dec
4%
»
Jun
54%
5% Jan
Jan ?"3
44". Feb 16
24% Jan 26 '
1
25
104%
75
8% Jan
3
39% Apr 19
-100
Jan
Dec
152% July 6
13% Jun 19
*. 49
Jun 28
1
3
3
—
Feb
97%
141% Oct
3
7
26
preferred
Copper Mining
1,600
-
56% Jan
;<:57%Jan
183a
Aug 10
31% Jun 16
164
July 3
6
6% Jan
$5 prior conv
20.000
26%
Jan
116% Apr
Amer Zinc Lead & Smelt
6,000
•■1
51
156
•
9% May
49% Sep
129% July
7
,
11% May
:
42%
19% July 20
^No par %*'i84% Jan 10
- par i 6 % Jan- 3
1st preferred
$6
Jan
:
Dec
4% Jan
3 ;; 24%Aug
Feb 11
>112% May
Jan
July 12
20
100
Elec
Wks &
Jan
No par
preferred—
Water
Feb
13%
144% Feb
160
9
American. Woolen—No
2.100
4%
4%
% "43
51
26%
31
26%
r''
'■>25%:
♦95%
•yv:. 77s
7%
83
4%
53 Va
♦48
9%
8%
8%
97
7%
Am
27.200
Nov
45
July 13
151
Apr 24
27% Mar 16
13
Jun
July
Apr*;
116% July i:
6%
43 % July 10
26% May 17
100
10
14
:
Type Foundries Inc
Viscose Corp—
51r
121
♦119%
30
26%
—
8%
86
83 %
W'- 4.%;
53%
8%
♦95
97 V2
7%'
86%
4%
♦47
;
♦95%
■
8
-1
'
^
97
8
:
.•
f—
9%
97
-
•
9%;
29
111
American
I
!
8%
100
—100
No par
Tobacco—
Telep & Teleg Co—
-100
American
Tobacco-——-——25
Common class B——
--25
3.300
149%
V
16% Jan,
Refining-
—.-
Sumatra
15
par
Amer
9.400
71
43%
121
Am
500
162%
149 Va
149
12%
Preferred
'700
Jan
39% May
31
"
147
Mar 8
22% Jun 10
No
Co_—
American Sugar
4.000
.
■
72%
44 Va
■♦119*4
,
♦27% " 28%
71%
71
150
150
.»
•123*4*126%
3
No par
Stove
American
18
'
37% Jan
18% July
3
147
80
24%
Jan
96
17% July 10
75% July 13
7
36% Jan
No par
Steel Foundries—
180
21
26% Jan
■
25
American Stores
500
% 500
13 Ve Jan
13% Feb
preferred.——-100
non-cum
Amer
5.200
46%
'
•W 46
■71
72%
,
6f'c
24
125%
——;
American Snuff
17 3 4
♦17%
23
y: 23
48%-
Preferred
370
24 V*
'■
27%'
Smelting & Refg
149%
24%
18.50
No par
No par
No par
100
Ship Building Co_.r
Arner
43%
♦42%
♦148
163%
v
125%
125%
28%
is
Amer
158%
♦158
43%
23%
24
38%
149%
♦148
24%
23%
18%
24
♦23%
<-,42%
...
149%
'148
159
157 %
43%
♦42%
43%
1493a
24%
'159
157%
159
♦42%
♦148
'520
7,600
29
163
3
22
14%
71%
393 4
Jan
Jan
14%
71
29%
9
12% Jan
14%
72%
conv
3%
59
51%
12%
45%
Jan
107
38% Aug 22
6
62% Jan
15%
71%;
39
Jun
25
14%
73%'
29%
2
i. 185% July
Aug 30
July 7
125% Aug
18
,■:
91% July : >
18 %
25% July 18
21
,
V
Aug
59% Nov
15
Jan
-
9% May
Jan
Jan
24 V4
,
Apr^
43% July
134
Nov
68
44% Feb 21
40
Feb 14
100
—
Mill
15%
73
3%
71%
93Va July 12
1678 July 1
12% July 5
32,
>
Jan
20% Aug 18
\
Dec
Nov
9%
Jan
168
,
76 % July
18%
,
Jan
,'27%
Oct
61
.
Jan
.127%
,
4
preferred—-—100
American Rolling
15%
4%%
Feb
115% Feb
par
No par
No par
No par
Preferred
185
♦178
185
$5
6.300
48%.
11%
48
11%
185
♦178
185
♦180
47
20
No par
Light—
79
9%
9%
50
80% Jan
4
14% Feb 29
[ 8% Jan
100
No
preferred
preferred
$6
8.900
55
'
W-
4
No par
Co.
News
American
340
36%
36%
2*2
53%
56
&
preferred
6%
10
125
125
127
37
2%
2%
3
56%
♦125
38
37%
57%
38
.
14% Feb
No par
11
Jan
v
8% Jan
4%
Jan .20
Feb 18
19
25
12
10
-100
preferred
93
52
27% July 15
Jan 26'
61
Jan
7% Apr
6VsJan
46
Jan
par
16%
Sep:
.
par
11%
Jun: ,:-
34
% 83% Aug 21
,—100
Amer Internat Corp__
No par
American Invest Co of 111—1
.5 <[c conv preferred
50
23
'
4
preferred
6% non-cum
11%
.
.
50
preferred.
16%
♦93
-
..
10
—1
Leather
&
Home
American
6,500
8
8%
Hide
conv
f
183a
17%
-6%
7 m.i
71
7%
49%
♦49
49%
19%
19%
American Hawaiian S3 Co
5%
♦72
73
8%
8%
♦8%
8%
50
♦49%
1
:>
•8%.
8 %
8%
8%
7
6%
73
1.400
44%
70
71%
70%
V "71%
7%
preferred
35
%
♦41
44%
♦40
45
♦40
45
$7 2d
$6
300
5%
■
♦41
6,100
85
♦82 %
82%
Export Lines Inc
preferred
preferred A
$7
1,000
20%
—
Foreign Power
Amer &
4.500
93
20%
33
.
1
No par
1
No par
No par
No par
No par
Tiling
Encaustic
American
86V2
Jan
47
115% July 24
122 % Sep
7
Jan
5 ■: -15
Aug 18
Mar 10
i 18
July 10
Feb
7;, 106% Sep
6
22% Sep
8
53% Jan 11
2'% Mar 6
4% Aug 17
8
Apr 25
10% July 7
23
Jan 26
29
Mar 22
:
3
Jun
5
5T» Mar 16
68
Jan 10
102
Jun
5
15% jan 10
25% Apr
5
59
Jan
8
90% Jun
5
33
Apr 19
377a July 17
3'Wan, 3 %• 6% Aug 18
39%Mar31
< 44% Aug
18
65
Mar 27
75% Jun 22
4
Jan 10
77« Aug 18
20
stamped
Co
European Sees—
Amer
900
4 %
♦90%
34%
36
5 %'>
5%
:
83%
35%'
v
27%
Distilling
American
2,800
:400
4
91
19 %
6%
18
23
.
Jan
v.
July 10
42% July 14
,
Sep
2% July
..31%
23
8
68% Jan
a
23%
:
Jan
Jan
x67
183
5
*>143% July
.%
14
July 12
95% July 13
May 12
1
100 y.; 108%
108 V2
10
10%
10
14
100
101%
Colortype Co
6
45% Aug 24
132% Sep
Mar
Jan
13 Va
68% July 18
19% Jun 27
170% Jan
33% Apr
No par
Crystal Sugar
1st preferred
Amer
9%
♦26%
4%
21
83 '/it
87
5%
>
4
4
27
4
4%
20
par
—100
American
,
8
82
No par
Chicle.
American
3,100
22%
♦9
9%
92
94%
20%
36
V
26%
28
26%
4%
♦9
1,100
No
preferred
Cable Inc.
preferred——
conv
American
2,600
.
—1
& Fdy
non-cum
23 % July
126 % Apr 12
:—100 ,?•
Chain &
120
107
22 %
4 ,.V
3%
9'% % 9%
17
♦106
106%
22%
9%
♦85
16%
23 %
4%
4%
13%
106%
♦9%
28%
2
1634
,
23
23%
23 %
,
13*
13%
14%
13 V.
1'U
5%
115 '
121%
♦112%
100
_.
60
97-: ,-.Dec
7
31% Jan 14
785a Aug 18
58Aug 25
16
Apr 25
■■>
Sep
Jan
(;>T7%"jan
.
110%-July 1-7
25
Car
American
6,500
40 >8
Jun 28
May 17
.
share
16%
5
Mar 29
a
$ per
6%. Jan.;;
26 Va
5
July
Highest
•-
73%
V
7
July
.W
4
July 14
41% July 13
4
No par
& Radio Corp
July
32
Jan 14
.7% Jan
3
37% Jan 14
_—
Preferred
120
180
179%
178* Va
,
July 10
'
$ per share
share<
26
.
10
Can
American
'
10
Co—:
preferred
Lowest
82
.
50
1.
Corp—
Brake Shoe
5%%
30
87
,
,
Bosch
American
42%
42%
132
Inc
Note
preferred
6%
67
♦66
'83'a
>
Corp—No par
2
Jan
28% Jan
,
103
'40%
118
23%
7
17% Apr 19
* ■
1,
Agricultural Chemical_No par
73
134%
12
178%
40'%
Petroleum
Amerada
<■<>29
16%
86%
r
No par
1
50
Amer
43
42%
♦132
.134%
♦132
i
13%
90%
preferred
per
22
3 v
33% Apr 24
105
Apr 19
100
Amalgam Leather Co Inc
6%conv
99 3 4
14 % Jan 27
96% Jan
No par
Mfg_,
S
;
-Year 1943
-
v.
Highest,
t per share
Par '
ho par
preferred—
conv
.aLowest
.
Alpha Portland Cem
1.70O
;
41%
66 V3
♦65%
15%
16%
4%
Range since January 1
a
100
20
i:
:
Corp.
74
73
44%
♦40V*
;
29%
20
29 3 4
3%
9934
:
41%
%
preferred
Allls-Chalmers
f
900
22%
338
*
100
29
77
22%
22 %
100
600
Stores
5%
5.800 '
37
114
"40%
22
29 Vz
i:;,
36%
♦112%
2%
„
t
37
Allied
300
Range for Previous
:>•
-
.
v
13.600
i
99%
99%
99%
.
STOCK
YORK
EXCHANGE
>
?
Shares
19%
113
22
;.
103
99%
103%
103%
3%
♦40%
42
*40 V*
2212
3%
3 "a
3 «/a
99%
113
the Week
share
19%
19%
X36%
114
22%
23
23
99%
37 %
113
115
S per
share
13%
38%
♦99%
39
38 V»
20%
19
101
101
115
Sept.8
$ per
$ per tiiare
share'
$ per
Friday
Sept. 7
Sept. 0
NEW
Sales for
Thursday
Wednesday
Tuesday
Sept. 4
Sept. 2
STOCKS
SALE PRICES
LOW AND HIGH
Monday
Saturday
Apr
V
Volume 160
RECORD
NEW YORK STOCK
Sept. t
t per share
$ per share
S
19%
>
55%
v.*55
19%
20
20
55%
*55
56
38%
39%
39%
38%
18%
18%
17%
38%
17%;
17%
18%
60%
61%
59%
60%
122%
122%
122%
122%
50%
50%
22 %
'101/4
10%
9%
•10%
♦103
14%
:
v: *104
7.900
".
17%
*17% ,18%
v.;
5i;,
51
13%
600
3.500
13%.,.,
'■'J, 900
30
-
i'jj
43
:
114%
114%
31%
43
114%-.
114%
31%
'
"42% ••42%
; 43:
">
%
31V# -31%
39%
31%
38%
38%
v
5%
5%
5%
;
1.300
>
43% ? 43%
43%
43%
>
20%
21%
■> 19 % >20%
51%
>
11%'-
•"
51%
•'
11%
41%
11%
1
48 V.i
.
;:'4l">/
20%
22%
1-0%
-
>
:•■ 47
48
11%
:> >
43
10%
.10% '11%
9%
47 ¥4
20%
>
17%
10%
10 %
11%
;
32%
32%
*108%
14%
*120%
>
10¥a
206 '/<
67%
10 ¥4
4.720
67%
1.470
5.100
9%
9%
9%
19%
■'
/> *19%
19%
*19 ¥4
16%
: 171/4
:/: 17
32%
6
"5%
ft* 5%
;
:
31%
31%
109%
5%
11%
10%
11%
30%
31%
30%
31%
31%
'
10%
11%
3%
3%
14%
13%
81
*63%
49
11%
30%
*30%
"•••
81%
81%
24%
24%
3%
3%
13%
13%
81
81
22%
22%
•
'■> 80%
22%
22%
•
!
28%
*55
56
*55
18%
20
31
31%
29%
31% ¥ V-:
*41%
•
10 %
5%
5%
110%
110%
X30%
30%
5%
36
36%
102'%
21%
22%
4%
4%
>
•*-•
:4%
*24%,
26%
U%
11
6%
33
v
33%
33
^
11
19
47%
6%
6%
>
:
47
.
18%
24
*
3%
92
74
14%
25%
23%
25
23%
24
45
45%
5
17%
19%
18 ¥4
18%
46%
53%
15%
46%
46%
46
46
54'
54
*15%
16%
16%
16%
: 16 ;•'
2%
25%
21%
21%
21%
71%
71
71
46%
185
*85
*43%
;
45%
*155
185
*155
88
*85
113%
*42%
*
*106% 109
44%
109
106 %
94 V
94
*93%
96
57
*52%
56
*53
56
34¥8
33
34
38%
39
38
38%
32 ¥4
>>
33
"37"%
38
"
"
*149
151
135
137
63
63
63
28%
28 ¥4
28
*107%
37
*112 Va
108
'373/4
114
,
"
133,
633/4
63
28"
27¥4
33
v
373/4
*:
135
63%
•
107 ¥4
36%
/ 34%
-
35%
..
35
>
*112%
17
*17%
18%
18%
18%
13
18%
17%
18
19%
18 Va
18 Va
*18%.
18%
17%
18
17
16%
16%
18
18
32%
32 Va
32%
*32
32%
32
32
31
17
Va
31 Va
31%
"
31
31
-
>
Coca-Cola Co
.
313/a
"31%
31%
1.900
...
1 000
680
>
..
:>
1.000
500
(The)
i—
—
Colgafe-Palmolive-Peet
.
-
preferred
$4.25
Collins & Alkman—
5ft
conv
preferred—
Colo Fuel & Iron Corp
Jan
22%
Jan
30
Oct
26 ¥a
Jan
39
July
t
2'%
Jan
6%
Apr
■*
28 V*
Jan
38%
Dec
!
11% Nov
14% Nov
'
20
Jan
45-
8%
Nov
12% Apr:?
20%
Jan
30%
33
Jan
Jan
44
July
44% May
18% Jun
29%
Jan
42% July
13
Jan
20% July
Jan
10 Va May
104% Jan
118% July
-
-
37% Jan
9 Va
65/a
3
Jan
76% Jan
43
Nov
6% Nov
,■
V* July
-
July
*
Dec
NOVh
V
Jun
<
-
54% Aug
10%
Apr
18% July
29%
Nov
247/a Jan
20 Va
Apr
•
35% July
Jun
Jan
31%
May
9% Jan
109%
Oct
15%
Jun
105
'r- 2% Jan
6% May
41
Jan
75
21%
Jan
49
5%
Jan
10% July
20%
Jan
29%
Nov
5%
Apr
5
27/a
-
8
;
116% May?
16
•'•••
,
9% May
14% Jan
Jan
May
Oct
9Vo
1
18% July
Nov
83%
16
10
Jan
65'/a
Jan
25% May
Apr
22%
Jan
,
30% July
8
.52 ¥4
Jun
56
28
5/a
Jan
1% Mar
.6%
Dec
9%
*13 ¥4 Nov
19%
■
No par
No par
.100
No par
No par
-No par
No par
Jan
Jan
<
• ■
•
Nov
40
26% Jan
.ae%
31% May
5% Apr ;
39 ¥4
Dec
Dec
147
54% July '
40%
27
.
Feb
Jun
120%
8V4 Jan
8
.
143/4
.16% Nov
5
July 11
16% Jan
>1% Jan
,97% Jan
11% Sep
,
21
-
Jun
23%
3% Mar.,
3
Jan
*33
Jan
3
Jun
25
Jan
Aug
18%
Jan
3
.
37% Jan. 4
Sep
Apr.
July
111
13
-
8
Dec
Nov
8%
41
Apr
Jun
Jan
7%
July 18
32% Jan
72%
Oct
16% Nov
19%
Apr
9
110
Jun
27
18
Jan
24
99%
46% July-10
Jan
109
Dec
8% Jan
34
July
50
July
,
July
'
6
5
30T'a May 3
20
18
26
17
14 ¥4 Apr 19
3
4
13
Jan
26% Jan
4
1—2.50
25% Jan
4
B
3% Jan
,32 Va Deo
127% Jan
114% July 13
11% Jan
Olaa»
25% Jan
.
Dec
20% July-20
30
July. 5
7
12% Jan
Apr
97%
27% Jun 23
Southern...
—100
1st preferred—100
65
9%
46% July
Jan
4¥a July. 5
23
—100
non-cum
11% May
47% July
Jan
112% Aug -21
Mar .20
1-5
No par
4ft
Sep
19% July
23% Jan 6
103% Mar 2
25% Apr 25
109¥a Feb 29
No par
Jan
40
.
24
15% Jun
77% Feb
34% Apr
Feb
Feb
59% July
6% Feb
36% Jan
Mar
*85
5% July .10
Mar 16
123
4
May. 4
Jan ^3
May 29
145
ill
38
4%
39
40% Jan
Apr
27% Dec
Jan
102% Aug 21
4
4
13
14%
* l¥a
24
>
:
:
1
Sep
Apr>
29 %
Jun 19
12% July 12
32
Mar
13% Jan
112% July 20
4;
non-cum 2nd preferred—100
Columbia Br'd Sys Ino cl A—..2.50
Colorado
880
330
A
Class
210
18%
193/4
Molybdenum
Cluett Peabody & Co
Preferred
17%;
19%
"32%
...—50
Climax
1.000
35%
18%
—
stock
1.100
114
-*~m
mm
35
50% July. 27
> 56% Mar 28
.
6% Jan 12
■; 35¥4 Feb 17
J48
Jan 7
76 Jan 3Ill ; Apr 21
."•
20;
106
Mar .7
92
Jun 16
• 52,2 Mar .2
pfd
No par.
Graph Bronze Co (The) ——1
2.000
60
17%
-w—
Jan
51% July 14
10
July 6
14% Jan
No par
—100
—
—5
.—100
gtdi—50
w
1,700
17
1*
;
3
?47
'
L—100
preferred-.
Special gtd 4ft
64
17%
••.
51
10
Sep
42
t
Jan
27% Jan
5
—••—8
i...—25
preferred—
—
Clev & Pitts RR Co 7ft
50
27.%
114
-
5ft
107%
-16%
-
Clev
"
*27%
*112%
Va 114
Jan
7% July. 6
Jan
> 23
'108
Clev El Ilium $4.50
50
*107 %
23
107%
21% Mar
21'% July 10
31% Sep
5
.17% Apr 13
par
No par
....100
Equipment
No par
C. a & St. Louis Ry. Co.*—100
5ft
'
100 /
Clark
.
o.
1357'a
135%
*63
■
38%
17%
-
—
200
33,%
152.
mm
^
ft
City Stores^..
1,800
56
*149
152
*149
*107% 108
35
"•/
96
*
*112
City Investing Co.
180
109
*53
'
34%
44%
*106%
*93%
109
94
*52%
;
96
July-12
1% Jun
7% Jan -15 .
30Va Feb 15
4% Apr 19
57
May 1
•
25
—3
Corp
City Ice & Fuel
1,700
.
114%
*42%
*113% 114%'
-
*93%
138
11,200
88
44%
*43
1.
July
58 Va May
July 10
—
Copper Co
Chrysler
185
"*85
*106%
151
45
*43%
88
•■114% 114%
114%
9%
9
44%
./
9%
185
*155
88
8%
9%
Chile
70
70,
46
2,300
27
21%
,
Jun
•
17
54
pf ($2,50) cum div
#0 par
Chicago Yellow Cab
No par ;
Chlckasha Cotton Oil—_—
10
tChilds Co
i—
No par. ^
300
89 ¥4
73
•
38%
,44% Jan 12
Pr
60
300
•
2%-
¥4
*25y8
88 y2
22%
*85
v
,89%
73 >
:
2
2%
25%
100
Jan
80% July: 5
>•
300
,
16%
*16
16
26
87%
*
800
2,700
54
91%
9
24,700 V
,
,v
*53%
3
46
14,300
/
•17%
..16%.
i
19
Jan
Nov
8
56¥4 Mar.
*
—
•
3,900
»
18%
*155
mtm
25
H
Fe'o 18
44 Apr 19
No par < ■5Ta Jan 3
Class A
40
11% Jan-3;
Chicago Great West RR Co..—.50 > s 4% Jan ; 3
5ft preferred
50
18 Jan.. 4
Chicago & Nortbwest'n w L.No par
21V2 Apr 25
5ft preferred wi
..—100
44% Sep 7
Chicago Mail Order Co
——5
15% Feb 24
Chicago Pneumat Tool
No par
16% Jan • 3
$3 conv preferred—
No par
38% Jan 7
,
17%
9%
*148%
*136%
6,800
5%
21%
/,
•
Jun
11 ¥4 Nov
143% July 12
.'No par
JNO
Chesapeake Corp of Va
Chesapeake & Ohio Ry.
Chic & East 111 RR Co
2,100
5%
21%
5%
45%
46%
,
14%
14%
21
4%
*
19% Mar
11 Va
85
May 13
i—...1
Cab Mfg—
Checker
5,300
18%
9%
*114%
6¥8
14
>
12,500
20%
:
Dec
•
4iya
151
•,
No par
preferred—
Champion Pap & Fib Co
6ft preferred
400
•
6%
22
23
74>;
•
44%
3
700
13%
6%
88%
92%
22%
-mm
3
Apr 18
97
100-
No par
Chain Belt Co
--
30
45%''
45%
Xl7%
*25%
26
1,100
/•>;:
40
0ft prior
600
-
18%
*16
'
'•
47%
15%
.
16%
3
*25%
■
Apr ,18
? 27% Jun 6
x 4 ■ Jan
4
25 v. 33
Apr 19.
j,
Certain-teed Products
'
-
22 Va
>
*53%
54
.17
19%
46%
19%
*16
.
Co.*—
Century Ribbon MUls.Cerro de Pasco Copper.
-
1,270
•
26¥4
40
•
22,500
!
/ ■-'
-
*12%
•
40
Jan
9%
9
Jun 30
July 5
Jun 27
Mar 6
r-——
3,900
6 ¥4
106
400
800
•
17%
18%
•
18%
47%
*16
11%
12%
12%
X45% •45%
6
- ;
121V» July
19% July
Jan
76
Mar
>
2,000
45%
49%
19%
53%
39%
Jan
eye Jan
13 %
Jun 17
July 17
July - 3
Sep -§
Sep
37a July
16% July
86V2 July
Apr 25»- "
Apr 24
Jun 9
Jan 2
Jan 3
— 5ft preferred
i*—20
17 Jan 3
Central Aguirre Assoc—
Jio par
19% Apr 20
Central Foundry Co..
L——I
2% Jan 13
Central 111 Lt iVa% preferred—100 -107
Jan 31
ICent RR of New Jersey
*—.100
8% Apr 22
Central Violeta Sugar Co.—20% Apr 19
6,800
v
20%
40%
5%
20%
*46%
«P»—
Apr 17
110'/a
Jan 3
15%
Jan 3
6%
Jan 6
72
Apr 25' :;52%
Jan
4
1"27'8
Feb 8
31%
-No par*.
31s/s
,No par
96%
7 ft 2d preferred——.100
'113
Celotex Corp.,.,———'
No par - '11
3,200
111 ¥4. 111%
:
10
-
20% Feb 24
4l%July -17
33
July 12
$4,75 1st preferred...
•
*18%
/
26%
>„
32%
6%
112 >
13%
26%
-
105
;
Jan
^oy2July-13
Celanese Corp-of Amer:
;
00
25
32¥4
•
6%
104
26
,«.ri42 hi
5
5%
32%
32%
Jan
27¥a
29
27
4
12y2 July
I
...1
Preferred
.
3,700
-
9%
11%
*111%
46% " 47%
6Vg>>>. 6%
22%
25%
i.r
14%'!.15
15
5%
22%
emme.
{J I)
Caterpillar Tractor..
50 ■ >
•
116
9%
*24%
18% ,18%
19%
13
13%
0%
11%
6%
27"
41
43
13%
——
so £
300 :
4%
4%,
*114. 1
25%
r
103
112% 112y4
46%
15
33
106%
27
28
112
43
'-4.'
-
5,300
,
18%
110—.
*+■ *11
""
6%
103
19
19
27%
112
,
,
6%
7
109%
106%
■
35
21%
4%
*24%
25
■'
.me*
Ohio Ryu... 100
Case
2,200
18%
9
9%
9%
10%
11%
'
48%
18%
21%
4%
♦114
116 >
-
9%
20
.
&
Carpenter Steel Co—
Carrier's <fc General Corpl
600
q;;?
146
21%-
m 21
22
:
4%
>114
115%
*114
it
'
3,600
-
14
*18%
.18%
18%
18
'
22%
*43
36%
.
Clinch
Carolina
140
:
5%
13 %
13%'
13%
Apr
206y2 Sep 6
71'% July 8
11% Jun 29
-
'
1,900
31
*101% 102%
123 ^ 123
123
*121%
*121%- 123
14%
13%
14%
14%
.
300
35
34%
101
101
69%
116%
44% Aug 14
July-3
liy2Sep 8
121% Aug 31
:Y.^
102%
;
300
¥4
48%
48%
33%
35
35%
*101% 102
122 %' 122%
18
_L_
110%
*143
47%
49
48%
49%
36
146'/
*143
147
,
35%
.35%
36%
35%
146'
48%
8
5%
5
12,800
50i
*30%
5%
20
••
9 ¥4
*110%
31%
\
151
*147
111%
5,300
•
50
8¥4
*
3.20O
41
*49%
5%
"
.
37 ->
37
•
3,800
'
30%
*31%
111
32
32
•'i
Nov
23
245/e Jan 3
' 53% Feb 24
>■
% Jan 4
Calumet & Hecla Cons Copper—5 «•>•> 6
May; 9
•Campbell W & C Fdy_—
No par
15% Jan "3
Canada Dry Ginger Ale
——5 • • 23% Feb 8
Canada Southern Ry Co—.—.100 •<' 33¥4 Jan
7
Canadian Pacitio Ry...i——.—25
V-*8% Jan 3
: Cannon Milisi.———
No par
42% Apr 4
Capital Administration class A—1 ; ■ | 6¥a Feb 19
$3-preferred A
—I
i—10 • v 43% Jan 4
5,100
6¥b
Q 5/.
50 ^
*49%
1% ' '
19 ¥4
*49%
:v
8 %'
--8%
8% /
*
■
..4f) :i
9%
49%
"
111%
*111
41%
-
I '- -'
29%
29%
*49
Jun-,.
■
.50
1
5ft
•
19
-
,
JT
54
■ -'•
Jan
!<
Jan
50
July 7
50s/a Jun 21
22 y4 July l
No par
Packing
preferred
Callahan Zinc-Lead
California
1,200
v
56
•
6%'
•
18%
'
*41
50
*49 %
50
*49%
29
50
*8% :
8%.
V *8%,
*■
-18%
.
10 -
9%
*49
50 V
v
41%
*41%
41%
10
*48%
-
.
>.
'6%
6%
6'/a
20%
'
27%
*27%
1
-6%
6%
6%
20%
v
«"
July
l
>*55
56
1
'
1%
1%
1%
1%
56 '
'
27%
27%
28%
27%
29%
*55
—
31
3%
81
13%
24%
•22%
H.%
13%
■
-
*
——...
.
67
*48
-
10%
"
*314
14
81
"
V
3%
3V8
14%
No par
•—;
Burlington Mills Corp
•
66
"
'
5%
5%
5%
.
Buloya Wateh.,
•
48%
47%
At."'
28?
14
<• 4-''
13
-
17
Jan 4>
'16% May 19
31
May 12!
'27% Jan 25"
1
;
• 5ft
.preferred
....100
107
,* Burroughs Adding Mfcch—.No par
• 12?»
7.200
Bush Terminal—....
2,600
^.....1
4
6ft preferred
^..100
- 54
300 '■& Bush Term Bldg 7ft preferred—100 '
.43%
—..—10
p 8¥a
3,500 : : Butler Bros
5ft conv preferred,
^.....30 '
28
1,200
700
Butte Copper & Zinc
a.—5 ^
2?s
2,700
Byers Co (AM)...—
No par
; 12%
120
Participating preferred—i—100
.67%
1,500
Byron Jackeon Co.—
No par •
20
14%
14%
i
*63
.
48%
48%
48%
V"
66
*62
67
'14%
i
• ■
Nov
38
8%
52V* Aug 14
12% July 5
44% Aug 23
;• 1
No par
39¥4 Jan 16
No par-\} 17% JaA -4r
j
1
-No par
Bullard
500
*108%
109%
*108%
-r
T4%
■
Sep
57
Jan
2l7/s Aug 25
3 ?
,
Buffafo Forge C9-..—;
1.200
31
30%
110%
14%
.
760 ■!
38%
*37 ¥4"
37%
37%
v
1.500
17
•
Feb
Jan
Jan
Jan
Jtan
Jan
3 - - >^4
3
• 417/a
3
7V4
71 - ^ 43 y2
:8 Ve Jan 3~
7 % preferred
..........^..100: f 116
Jan 6
Budd (E G)-Mfg
.i.
No par
5% Jan ' 47%' preferred-.---'.,
^—100
98y2 J»n 5
$5 preferred
No par
v 47% Jan ' 3 ,
Budd Wheel
No par •
7y4Apr 19;
20.400
206%
67
■
4..
Bucyrus-Erie
,
123":
206 %
10%
•10%
66%
-
-
*
:
■
Bruns-BalkeiCoUender^
-
123
'
:
'
Brown Shoe Co
•
206
39%
31%
109%
14%
-
Brooklyn Union Gas..-.
20.000
>
17%
•
39
*108%
5%
/
1,400
"
48%
Briggs & StrattonJ.....
Bristoi-M.vers Co—^
400
43
20%
9%
20
17%
40%
*63
■
2.300
20%
40%
8%
■- 27
; 39
^.—5 •
40%
No par • • ;• 14%
- •
No par
No par
Not par
Bridgeport Brass Cq_._
Briggs Manufacturing.
,'
360
20%
*41%
10
r
19%
20
40%
>''47%
21%
68 Va
66%
•; i7%
100
20%
*120%
•
206 H 206%
10%
*'19%
•
42%
>>■
11
10%
11%
69
-10
123 r.
*120%
204% 205 >
'
•
42%
20%
"
•
^
12% Jan
U.2.50
Brewing Corp, of America_...^^.15
400
"10%
:
21%
■f: 21%
123
67%
17.700
48%
*47
48
>
"*19%
•
-120^4
39%
39¥a
39%
38%
Branift Airways
;
V
44
22
4.0Q0
42
.
11% u; 11%
■
•
1,300
15.900
11%", 11.%
51,••"/'■
Tr47
20%
•
'43
44
/;
48%
*47%
-
19%
*48
*47% >48%
'
48 ">>
21%
-.
20%
11%
39 >
49 %
k
19%-F 20%
50 ¥4
50 ¥4
42%'i.
.
-19%
"I 51% ■"*-
51
42%
•'47%
X42% >■'•42%
"■
28% Jan
17%
Feb
21
5
%lBYx July 19
T09% May-8 :
"
5
5
5
5
"
r
:
—
,-Borg-Warncr Oorp^—...—5
■ .34'/2 Jan
Boston & Maine RR (assented).100
- 3% Jan
<
Bower Roller Bearing £o—.^..-5 >- 37 »/2Jan
4.500
■
6%
-.T10O
(Thel-i.^——.lb '
preferred
Borden Co
,
•
"
•
4%%
200
,3.400
r
•>
31 %
39%
37%
13 ¥a Mar
20V* July 15
66% July IV
126% July 10
Feb 24
- 50¥4 Sep 6
Jan
3 •
25% Aug 30
Jan 3 • • liVa July 5
Jan 4
20% July 5
Mar 14 *
18 %> Aug 28
Mar -4
106
July-5
12¥8 Jun 5 , '15% Feb
45
Jan 26 / 527/8 Jun
88 Vg Apr 18 :
95
Feb
.-46% Jan ;4;, ->'55
Aug
: 33%Jan 26 «/. 43 'Sep
V".
22%
•
,
Highest
$ per share 1
share
54 ¥4
0
20% Sep
•
No par
J.
—I
Bond Stores
;
1.4QO
42%
•sll4 /
>42%
ai2
114 I
*112
31% '31%
39
48% <41%
■
•
.No par
Class B
230
53
'
43
^Aluminum & Brass
Bon Ami Co class A——
;
16
14'/4
93%
>
.
L...-5 v
Bohn
:
*51
•16%
t per
56VaJan24
;403,4 Jun 20
-
15^b Jan- 20
56'/4 Jan
4
115% Feb 2
'37y4
Boeing Airplane, Co—,—.—.5
,
49'/a
-
*92 :
51",
51
40
I 93,,.
49
—.100
No par
No par
Blaw-Knox Co——
NoL par
Bliss & Laughhn Inci.—........-5
Bloomingdale Brotherjii
No par
Blumenthal & Co preferred——100
107^6
*104
;• 107 Va
> *
"
Black & Decker Mfg Co.
•
"
1
>
17% ;17%
!'rvT3% i 13%
..
"
>
53%
x9% C./9%
—
•'
1.200'
*
48% V 48%
50 ••
93%""" / *92 ••• 93 *;
,
93
V, 94
'0%
17%
No par
(Del).
>7% preferred—
Bigelow-Sanf Carp Inc...
1.100
".17%
14%
;
49
50% >51
21%
><17%
v
107%
:
13%
•
21%
V
9%
•
.17%
■tf%
•
22~
*21%
•
*17% } 17%'
'103
107%
48 y4
1
Foods
Bethlehem Steel
400
119V4
47 Va
'
23
18% ; i8%
■iv
*18%i 19%
52
Best
:
11.300
118 %'
'
"
94 V,
:
4"
Jan
\ 537/a Apr 21
33% Jan 28
Ft pfd $2.59 div aeries '38_No par
Best &
No par-
I
6.300;
r
60;
59'/a
59%
> *119% 121?;. ;
47% "> 47%
>>' '
50
49%
23%
r
18
-
"17
No par
Loan
Indus
:
600
•
"22%
14%
>
58%
■M.
Beneficial
100
?
Lowest
$ per share
S per share '
•
*
Year 1943
Range since January I
Lewest
Highest
'
Far
1.000
c
38 3/a
38%
17
39
^
Shares
share
19%
,■
55%
.v,
S per
share
55%
,20%
19%
19%
c£5
$ per
S per snare
share
per
EXCHANGE
/•
the Week
Sept. 8
Sept. 7
Sept. 6
Sept. 5
Sept. 4
»
Range for Previous
,
.NEW YORK STOCK
Sales for
Friday
Thursday
Wednesday
Tuesday
'
STOCKS
PRICES
SALE
HIGH
AND
LOW
Monday
Saturday
1087
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4315
4
13% Aug 23
Jan*
6
33¥4
9% Mar 25
2%
Jan
9% May
18% Mar 25
7%
Jan
17 Va May
48
Mar
7% Mar 22
2%
Jan
25¥a Mar 22
10%
Jan
7% May
21%
Jun
Jan
167a
Jan
22
Dec
Apr
29% July 12
65 Va July 13
6
18% Jun .27
15%
-21% July 12
47% Aug 18
36% Nov
41% May
54% Aug 25
48
54
19 y4
.3% May.
30
July
98% Jun
153/4
Apr
Jan
18
Jun
Dec
1
.
Jan
32%
67Va
Jan
85% July
10% Jan
3
27
Feb
10% Aug- 4
> 2 ¥4
Jan
-
47% July 26
90
Jun 22
5
Jun
115% Jan. 3
3 3/i May
24 ¥4
77% Aug 16
185
May
Jan
13 ¥a
8
3
19
25 Va July
Dec
11-%
July 10
23
17 Va Jun
32% Nov
123
Mar
67
Feb
109%
Jan
Apr
15% Aug
63 %
Dec
8%
Jun
39% July
145
74%
Dec
Jun
1163/4 Aug
45% Jun 19
28% Jan
42%
Dec
12
101% Jan
108%
Dec
84
Jan
92'/a
Sep
53% July 22
50
Feb
54
Sep
38 V% Mar 15
33% Nov
109
96
Jan
Aug 11
48 ¥2 Mar
Jan
40
July 11
142
May
153
Sep
146% July 11
88
Jan
123
61
Dec
July
Oct
29% Jun
1
1
16%
Jan
108%Jun
7
*103%
Dec
109 % Jul'
17%
Jan
28% July
39 Va
152
33 Va
July 12
67 V2 Jun
-
38
Sep
1
114
Jan
11
108
May 20
33 V4 Jun 28
32% July 10
1147/a
Dec
Oct
.
Nov
19 ¥a July
2%
23V4 May 27
23
25
13 ¥4
20% July 10
24 ¥a May 27
Jan
68 Va
July
Jan
19
3% Jan
19 %
Sep
Sep
Jan
17 ¥4
Sep
15 V4
Jan
26 s/4
Dec
15%
Jan
26%
Dec
3
.
RECORD
NEW YORK STOCK
STOCKS
''
i per snare
s per
Sept. 6',
%
85
84%
77
79
76
'
*19%
44%
41%
,
V
:,/f T':'4
83%
1
18%
18%
19
27%
26%
26%
26%
26%
26%
205/s
97%
97%
3%
3%
106%
5%
22%
12%
12
12
31%
313/4
31%
v
,
-
15
:
13%
24
13
13:
,,
26%
v-:
8%
8%
V*
*112
8%
39%
/.// l'l.'/
27%
28%
29
29
43%
43%
11
*43%
77 7 %
11%
49%
21%
20%
21%
19%
20
50%
503/4
51
50%
50%
59% 7
58%
59%
>59%
593/4
179%
6%
1
4%
4%
*■ i- ']■
'./t
j
-
6
6%
6
59%
Corn
Exch
Corn
Products
40
1,700
Coty
6,000
Coty
179%
>.
>■
.
*33/8
15%
Jan
7 6% Jun
%
27
i?y" /
.* ' '•
13% July 19
2%
3
32% Aug
25%
100%
.
<
—
■V
22%
V-/■' 20%
t
—•
-
*
49%
'
19%
No par
20
5
$2.50
1
5
No par
7% Jan
105% May
32% Feb
10
May
41% Jun
5% Jan
26% Sep
24 % Apr
77
102
36
102%
v
;
>V_
::
'/•/'•
„•
4
■'
79
78%
<-22%
-
23
25%
/ V 29%
r—
29%
7/
135
135
'
i ,17
5
125
125
;;
x52
A
17
-••
16% 716%
;■;
:
600
;
Cuneo
230
129
10%'
27
5
89
Jan
16
Jan
233/4
Jun
x4%
Jan
11%
Jun
96
Jan
110%
•
112% Aug 31
43 % Jun 27
10
24
16
I
7 /
19
■
36%
Jan
15%
Jan
49%
4%
Jan
7%
25%
Jan
37%
7
403/4
24%
10
24%*, 24%
7^7
24%
Cutler-Hammer Inc
1,400
15
53
3
25% July 12
Dec
Aug
17% Aug
51
Sep 6
60% Aug 18
37
Jan
47
53%
Jan
61 % May y
184% July 10
173
7% July 6
5
Aug 18
4
jyJA
If-
! f
.+■* •>
<>
1
*
jj„*,
•
.
25
A
,
•'
25
?21
-
\
<13%
13%
:
r;cio%- fo%"
i *y id 7.7'
""021 **'
* "'"13%
10%
14 V8
j/
.M
■
10%
97 8
;i4
■;.V: "*111%
tlx
I* • '•
jjf
*21-
r
feo*
25
■
L
112%
32%
33%
32'/4
41
42%
39%
35%
35%
*35%
36
*20%
21
113%;;
343%
7%
.r;*' \(
y
32
7%
7
20%
-
20%,
34%
20%
75/8
r'::.
31%;
42
31%
42
o-
42
37
...c
•■j.;;,
w-c."
-
Si>>,
■
j.
15%
45%
/'32%
r,
.*
^"'T
C
..
■
1^
,18
18
i:t
••"X
^
31%
100
18
^4.
.v-.:/ / 24
•
•
.
?
-
'
A
'>iu
,
a.
*■
56
,
i-' :-V
'
4
t]
*vU
•
■
.
•.,5 4
„' ;•><
126
.
112%
ll
11
*15%
i?"
V
16%
152:
/,
■
i-
'Hi-
+
>•)-,
r
it/..'
f
,
'v
*.
;
Hif'
-.4
; 1*19
*18
X47%
39%
■'/'.'
7;
53%
13%
30%
*99
-7
1253/4
*118%
;i
1253/4
119
23
,
v
148%
'
•
•
6%
39%
__
ir
.•
'l
'fi
'
,'i^W
>
—
5^4^
■
•
•
—
15%
* -.
r
•—*
,
■'
/
165%
40
*125%
'
18%
54 V2
•
54%
••
-
48
123/4"
7
Distil
;'.v..
.
rj
;
7
Casting Co
-•
Douglas Aircraft—^
200
4.000
Dresser Mfg Co
3.300
Dunhlll
,
10 S/'8
r"
10%:
,
150
/
;
143/a
Du
17
Oct'!
81%
Jan
99% Aug ?.
Dec
38
27%
*66
,
July
82% luly
22% Aug
Nov
9%
Jan
73%
Jan
|
;•;
;
14%
Jun
Feb
115%
Dec
!
10%
Jan
25/4
Oct
)
18
Jan
26%
Jun s
5
105
100
107
Jan
July 11
Sep 1
6% Jan * 7
; 17%, July 12
125
Sep 6
140
56
Oct
7% May j-
Jan
27% July 17
116
Dec
Jan
45%
5%
Dec
14%
Nov
9% Apr T
24% Mar f
96
Feb
15%
Jan
3%
Jan
17
Sep
119% Nov {•;
263/i Jun •
•
22
45%
44%
45 %
11%
11%
11%
43/4
189%
21%
4%
43/4 :
4%
5
90
90
45%
.22
*21
"
87
1
e-
.:f
"
44%
^
*33
-j
—•
*64
—
15
■
-i
66%
*104%
;
—
—
"
—
17%
106
•
4%
-
15
•
100%
—.
ntfr
'
'
101
100%
*101%
-
'
102
•101%
1013/4 '
101
101%
101%/
101
-
101
4%
4%
4%,;
1
4%
4%
90%
92
-
4%'
4%
94
.88
84%
84%
87%5
%
'32%
44%
43%r 43%
43
".
15%
64
*32
33/4
15%
16
*63
64
*104 ~
13%
100%
106
—-
'
•
14%
-
100%
103
16%
64%
'
101
u
II
11%
10%
11
10%
11%
10%
11
11%
10%
11%
io%
10%
10%
10%
52%
53
*54%
'
For footnotes
II
see
page
1095.
543/4.
53%
54%
52%
%
53
Paso
Storage
El
Johnson
Endlcott
•
4%
Public
Corp
$5
$5% preferred
No par
No par
$6
No par
2,700
preferred
tEquitable Office
3.600
Erie
19,500
1.800
RR
Ctfs of
5%
'
41
16%
^37%
,
10
—n
preferred
-
—No
pref series A
,
par
-No
Bldg
common
benef lnt
7
10% Feb 28
: ; ;33
Apr 25
4
50
100
120
.
3%
3%
July
16%
5
40
173/4
32% Jan
42
Sep
Jan
Mar
Aug 10
■
17% July
/
Dec
?
,.
1
.
48%
31
26
Jan
Apr V
35% July i
33% Mar '?
1
37
Jan
42 %
Jan
17
Jan
'
>
4
3
46% Jan
.3
8%
Nov 4
May
9
21%
Jan
Jan
25
83%
Jan
8
10
Jan
16% July
Aug 28
38%
Feb
45
July
•;
45% July 10
27% July 12
573/4 Aug 21
223/fl
Feb
34
Dec
,
15%
Jan
25%
44
Nov
48
•v
5
131
Jan
113
Aug 30
35%
100
Oct
Dec
Sep
73% May
122% Nov
153
1
May I
Dec
107%
Dec
Jan
35%
Jun
;
5%
Jan
10%
Dec
'
28
9
Jan
19
134
Jan
13% Apr
159% July t
128% Mar 24
124
Dec
130
1153/8
Dec
39% Jun
12% Feb
•1 1758 Jun
162% Jun
*106%
16
26
2
.120% Jan 20
Aug
121% Sep
,
1
1
6
9%
Nov
11%
Dec
f
/ 40/4 July 14
31%
Jan
44% July
I
15
35/a
Jan
146%
-14%
July
17 3/4 Aug
171
Jun
189% Sep
50
22
29
7
Jan
170
May <
Sep
184
Jun
35
Jan
453,8 July *
11%
Feb
19
30%
Jan
39 % July
8%
Nov
14
1%
Jan
Jun
30
Aug 29
13% Jun
19
"
: •'
s-^a Jun
8"a May :
*173
45% Aug' 18
•.
16
(
Mar f
5% May
6% May
5% July
3
1%
Jan
3
31%
Jan
92
Nov
9434 Mar
4
28%
Jan
88%
Nov
47% July'll
333/4
Jan
42%
Sep
3434 Aug 31
23%
Jan
-
-
X32
Sep
17% Sep
5
49%
Jan
58%
July
108% Jun
3
101 %
Dec
103%
Dec
16% Aug
25
23/4
Jan
9%
•
5
68% July
Sep
92
Jan
54
lOl/a Aug 29
Aug 23
July 1
573/4
Jan
%
Jan
104
"
13% Mar 22
13% Mar 22
'
59% "July" 17
8%
"8
39%
-
Sep
96
Dec
1% Mar
Jan
-
;
-
-
16% May
-
Jan
Jan
16% May
-
,
Sep :
92%
Jan
62%
1% Aug 10
103
7
s
Sep i
99 % Mar
\
15% Sep
6
57% Jan 25
101 % Jan 19
-8% Jan 3
87
Jan 3
9% Jan
9% Jan
5
18% Sep
36% May
100
81% Apr 25
78
Apr 24
"/■•89
Jan
3
92% Jan 10
% Apr 25
par
No par
100
103% May
223/i, July
Aug 29
3
Service
17%
Jan
64
7
330
70
1063/4 Jan
7
28% Jan 21
y4 8% Apr 19
,:ll%Feb 11
137
Feb 7
123"% Jun 6
Feb
preferred.:
Engineers
'
Jan 24
Jan "3
May 1
Jan
4
Apr 18
Jan
4
Jun 9
1
Mfg Co
Jan
3%
40
No par '
39% Apr 28
'273/4 Feb
7
Battery
83/4
21
47
May 13
114% Apr 26
No par
Natural Oas
Emerson
200
10
.; 103
*% '
-45.
El
1,100
27,600
*102
Electric
13,500
15
101%, 101%
■
-
./
1,300
106
1
%
700
Jan
July 10
9% Mar 22
22% July
3
21% May 12
'.
■
No par ; 7
No par
preferred
$6 preferred
$7
3,200
14%
10%
•
—
12
Jan
36% July
20% May
37
5
33% Jan * 4
shares
Electric Power & Light
10,500
100%
106
"101% 101%
*102
34
*11/8
•
'•
•*
'
—
5
6% Jan
3
3
Elec & Mus Ind Am
16%
43
Jan
35% Jun
i [ 43% Jan
2
2.000
333/4
Jan
29
157
Boat
Jun v
24% Sep I
July I
26
175
Inc..,
Auto-Lite
Electric
108%
10
par
(The)
Electric
6.600
15%
64
Edison Bros Stores
800
4.300
90%
106
2.0^0
11%
.■44%'
14%
45%
21%
cum
116
I
Jun
Jan
12
27
19
15% Jan
—5
No
preferred
Eaton Manufacturing Co.
6%
Mar
19
35% Aug 28
—100
—4
Eastman Kodak Co——
10
44
7
64
■21
:
Eastern
2.000
«
19
Jan
45% Jun
18
10 y
-
Jan
12
113% Apr
May 24
100 /y 117% Jun
—-—.-
77* Oct
17
16% July 10
12
1
13 % Jan 11
*'X27%Feb 29
'
95
Apr 14
No par
20
No par
Stainless Steel Corp
2.500
195
11%
43/4
*104%
15%
21 Va
^ 4
t
165
43%i
33
34%
16%
-
,.vl 45
46%
;
*193%
11%
87
44%
44%
1165 ..7
;
Co__
44%
4% 7
'
Bantern Airlines Idc—
11
"
¥
Eagle-Plcher Lead
"43%"
94
91
95%
47% 7,
3.900
3.900
7',. 14%, .14%
;
{
pdr
5
t
& Co
■1 $4.50 preferred.^.——
Duquesne Light 5% 1st pfd
120
38%
38
1.4 %
189%
- t
10% Sep
22% July 26
5
28% Jun
8
38% Mar 31
1
1
-•
de Nemours, (EI)
P
.;"n%; 12%
,
164%
47%
94
*1?
.
.
12%
39%,
l' "■163%
46%
.
"'J-
t
11%
38
; ;
45%
:.
"
■"
Jan
Jan
29% Jan
-No par
No par
t
International—t
Duplan Corp
2.600
400
125%
118%
7
No
-
$4 preferred series A_
300
16V2
16%
...148%
par
.No par
Dow Chemical Co
800
38 V2
*118%
715%
47%
1
.
11%
l3/4
32% Apr 18
,17% Jan 17
17% Jan
3
5% Jan
3V
" 18% Jan 12
52
Feb
3
No 'i>ai „.y
Dome Mines Ltd
7.500
112%
Vi
*125%
125%
193
22
;•;
—,
—
"
|
V-
36% Apr
No par
7.400
55%
No
No par
Class A
Doehler Die
12374
h.:
V
'
165 %
43/4
'■C
t
—»
'
Oct
Oct
23 /e July
Jan
30%
4
f ^.7
_/l'00
-Ljiii—No pari
110
123%
38
•
164 y4
*188
11%
*i
^
'
31
47
9
108% Aug •
23% Mar ■)',■
21% Jan ' 5
par
J-L2
Ltd.
Corp-Seagr's
5% preferred—
/Dixie Cup Co
/
*■112%
s'
.
159
'14%
15%
166
.111
'
,
25
7
700
;■
233/4
-
300
800
39%
x39%,
•;;; 23%
119.-: 119
739%
38
193
*188
12%
/
/
13% Jun
;
No par
No
preferred
partic
Diamond T Motor Car Co
1.700
1.800
100%
18^7
•7,'
*
124 y* 124 %
i:t~-
.'
Devoe & Raynolds A
Diamond Match
;
100
31
-
48
"
48
39%
.22%
151% "
320
1.200
:
.
■
r
.
m
15%
.
1127/8*
112% .112%
.39 %T
3778
33%,
•;.io% 41 ,:T ^10% 10%
-.*15 •=
45% ""
16%
150%
12%
*•
—
1'
<n
*
Jan
Jan
17% July
19% Mar 17
20
Edison
Detroit
"
«'<■
*J
V J.-
183/s
37%
Jan : 4
29% Sep 1
Jan
4/ 108
Aug 2
Aug 25;, : 11% Aug 31
; 6% Jan
Detroit Hillsdale & S W RR Co—100
42
15
38%
154%.
,119
--.4-7
1
Delaware Lack & Western
4.300
7
31%
100%
.7 ;;
1263/4
;
.
37%
rd
112%
'
393/4 .'to¬
39%
Preferred
Delaware & Hudson
11.400
20%
No par
20
10
100
50
Co
&
Delsel-Wemmer-Gllbert
200
64
I-.; :■■,
31
,
24%;,
56-%
\-53%
'125% 125%
».-i"
U
V'
"V
Jan
r: T-
"
31-
-
40%
23
,,;f
127% :•
,*,112%
V
••
it*
V
Jan
142
Aug 29
29% Mar 15
114r% May '20
21% Apr 28
'
22% July
Jan
81% July 5
28% Mar 10
:i4%Jun; 9
y
16%
36"% July 10
4
Apr '25
Apr 24
Jun 6
Sep
May
2% May
14%
Jan 25
223', Jan 18
,
6
95
19% Aug 17
103% Aug 10
'i.tr>.
;
47
*40
'
24%
57%
:127%
m-'
-
V-'rL-
•
:
186%
Jan
49% Aug 29
,
112
0
25
14,600
7%
7%
20%
Deere
200
20 %
33
32%
36 %
.*,99
18,
47
i
41%/A
41
"
35%
42
; ,15
,
100 V8
/*99
48
*46%
i»
A '
;i5% '"7
.32%
15
a
33%,
100
vnofi
*35%
x20%
'
.31%
31%
...*41...
C-ri
V
Jan
Dec
Jan
II
25% July 11
23% July 12
39
Aug 21
.69
Jan 4
2p%Jan'3
.11% Feb 10
•
'.Davison Chemical Corp (The) —t
^Dayton Pow & Lt 4%% pfd—-100
Decca Records InC
—1
2,400
.64
.
36
,
1,400
40%
TVs
20
;:.*j6l
31%
*35
383/4
33%
40%
20%
7
;
*3234-.
.
32%
31%
•
64
2,400
20
112
21
*20%
"
20%
*61
21)%
*ik
-
20%
V
38
r
-v:.
jc
'
.
64
"61
,
"
/
7
35%
*35%
20%
24%
■
28
;///.;:
Davega Stores Cerp
5%' preferred—iL
2,200
-
'13% : 13%-.17
40%
*111%
113
'
.25
'112
32%
42%
,
T
"J 12%
333/4
42%
!
v*2i
•...
33%
'|v
-i/v-
■''titf £
7
:
Apr'
2%
27% Jun 28
110/2 July 21
7
.
Apr
•
8?.'
;
27% July
Jan
:18% Feb
No par
Sep
5
Jan 3
,1% Jan 16
*
253/4
Jun
May,;
July ;
18% Jan
19% July 5
46
Jun 22
,
Sep i
Jun
*
-
■% 'Vi
■
A——
Class
7 7:-,
A.
-
Oct
Jan
26%
13% Mar 16
473/, Aug 25
8% Jun 29
33% Jan 22
30'/« Aug 18
3
107
Jan
—5
100
———I
Cushman's Sons Inc 7 % pfd—-100
'■•'
2,500
127
*118
Prior
>Curtlss-Wright—
1
■
13%
22%
1
v 101
No pat;, * 5%
:
No par
.
97
*-No par
41
Hi
4%
preferred
Dec
45
7'
100
,-30
-
—
$7 preferred——4—
preferred
,
1,200
23,800
16%
1
Inc.—
Press
4%%
7V""5%
—
-
Curtis Pub Co (The)_—
31,800
527..; 52
.•
127
*118
125
•
'2,400
■■•10 7%
5
Sugar
; 7% preferred
'Cudahy Packing Co
Dec
47%
,
Aug
x93/fe
100
100/;
10- .1
-
preferred-
•.
;108
129
•
•
preferred—.
Cuban-American
5,900
,,
*107
.4/id
p
129
7 "7
'52%..;,
5%; 7'
:v
/
5%
16
18%
)
■
,44% Jan 10
52% Apr 28
173% Apr 29
■
No par
27/4 Mar
Nov
5
49'A Sep
15
:
Oct
13% July 5
July 31
15% Jan
1
1
Sep
21% Mar, 1
Jan 7
Mar 20
47
100
Inc
Internat Corp
Cuba RR 6%
490
; .143
24%; 24%
*28
28%
-
5
80O
8
29%
Nov "
9% Nov
52
103/4 Jan
5
50
1
20
-25
Refining
Crucible Steel of Amer
*142
>7 / 7;
77;
10
124%
55%
25
,••
28%
77' 108
.
j,5%
.<•
v
28%
78%
';"15%7 15%
;.>•
*107.
132
...
•:.f.<.l0%
V.
26
25%
;
7 24
870
3.700
v 22
22
7
;
2,400
32%
7; '78%
r
45%
i44ya
.
•:10%.t •77:9%
55
17%
.
*115
j.,
v
5%
5%
...
108
*107
;./ >,> 9%
127 ;
56
56
20%
..
•28%
28%
/;
x
78% :
21%
78%
200
102%
•
32%
7
32%
2,000
49%
18%
,18%
>102
102
.; 15
"*142
v724
^
25
24%
.
A*
11%
10%
fcX'-i
■
;
j
16%
144%,
,*142
W-
108
*107
—
223/4
153/8
•
25%
/■
*■»&
-'213/4
;;
144%
4.900
36%
:i 49%
'
18%
18%
31%
78%.'
78%
.
16%
16%
,'"142
—,
;i
A
20%;; 21%
.<■
.) 36
4a3/4
102
,)
333%
32%
-
34
33%
.
800
19% May
333/4
12% Aug 12
38/8 Feb 29
No par
No par
Corp
Feb
20
:
t
110% Aug 30
27% Aug 22
10
Mar 10
45
Jan .' 4
102% Jan
5
20
-
Apr
July f
3% May
7
Jan
>;i04%Jan20
" 20
Jan -3
'16% Jan
3
27% Feb
1 /
$2.25 preferred
.——No par
45
Jan 3 ;
Crown Zelierbach Corp
5.„i. 15% Feb
9
$5 conv preferred—:
No par V 97% Jan 20
330
*24%7,25%
,
•21
19%-
,18%
'
20%
"
—.
.
»-t.;
r"
7,400
r.
'
37%;.V: "35%
*49Va
493/8
21%
35%
•'
102%
102
*
'
'
-.a
.
>0
v
493/4
19%
—
;
■
:
7 25
25%
25
25%
38
7243/4'/'77
"'7,25
1062/4
106%
—
<=47%
■
>
25%
,
37%
i,i
—
107
24%:; 25
■;< "106% io6%;„. : 106%,107
:V ' 24%
25^8 T
;■> 21%
.
H:''--•
24%
26
,
6%
24% July
Feb
24%
2
15% July 11
Nov
105 '
7% Jan
Jan
Crane
Co
i
25
5% conv preferred
100
'Creaip of Wheat Corp (The)-——2
Crosley Corp (The)—.
No par
Crown Cork & Seal
No par
'
—
Jan
25% Jun 22
Jun
24%
Jan
91%
7
50
25
Dec
July 10
107% July 26
'
i
11
/
10% Jan
98% Jun 13
5
Sep
Jun
July
r% May
y
Jan
4%
Preferred
179%
*6
6%
,/77
33/4; ; :7;',:3%";;4
July
/ Jun
107%
"
2% Jan
17%
'17%
Trust Co—
Bank
400
2,700
49
59
.■6
^Aj;, ;;; 3%. ;
4
I- r.3%
*48%
21/e Jail
1
12
100
Electric
Cornell-Dubilier
5,200
205/8
20
Dec
27
24% Sep
prior preferred
Copperweld Steel Co
Conv pref 5% series
.
50
51
.
82
16% Mar 10
17% Feb 21
$3
2,000
11%
*50
180
*179%
1793/4
1793/4
•
"
43
11%
11%
*48%
Jan
3
Cooper-Bessemer Corp
310
Jan
8-
Continental Steel Corp
200
1,900
3*3
36%
15
Oil of Del
Continental
16
Aug
14% Jun
Motors
.
Jan
.18% Jan
Insurance.:
5,100
9%
No par
100
25
preferred—
27,100
'
44%
3
;
Continental
Jan
12
America
Continental
15%
41
43%
43
44
2,300
29%
July 15
Jun 16
Jan
,k Continental Can Inc—
Continental Diamond Fibre
4,600
Jan
11% Jan
Continental Baking Co—-
,
7% Jan
Jan
1
24
Jun
Jan
25%
// 43/4 July
25
July
30%
104%
iy8 July 13
87% Mar 11
* 16% Jan 13
7
41
44
6
Jun 16
29/4 Apr 12
5
*
Jun 19
Jan 10
July
19% July 15
23/4 Jan
1
pfd—-No par
Pow $4.50
3,000
29%
15
pfd
preferred
Container Corp of
B%
00
of Cuba 6%
Consumers
3,300
27%;
*28%
15%.
12
6%
19% July
28
15
—5
15
pfd—
conv
RR
$2.50
450
7 3/a
7%
'
;
28 V*
493/8
59%
■.
39%; 40
10%
10%
$1.25
2,700
8%
114
7 46%.'463/4
15%
11%
;
,
25%
28%
4 8 3/4
179%
•
493/4
109%
25%
300
27%
50%
—
Jan
9
28 % Aug 31
102% Jan
Gas
Consolidation Coal Co
27%
21%
—.'1 ji
Consol
/;
46%,.;,:
12%
/
13,900
1,500
.v:; .7
50%
12
*49%
98% July
23
Consolidated Vultee Aircraft-
1,600
29
15%
Oct
Jan
23
Jan 27
Jan 10
Jun 23
Feb 17
21% Feb
Corp
Natural
Consolidated
5,200
3,500
15%
16%
Sep
79%
3
&% Feb
No par
15%
109
39% :
Laundries
14%
26%
*28%
<•15%
Jun
73 '
'
par
:
$2 partic preferred
Consol
12%
.
7
7% \:i 8%
27
27%
7%
7%
5%
77%
Jan
3
No par
!
Consol Film Industries
24
•y
47% '
46%
47
47
Jan
Jan
37
47
43%
106%
50%
18%
1
21%
20%
95%
: 7 3%
'
.—5
No
preferred—
$5
13%
8% .7,
8%,.
114 .7.';:
' ,*112
46
a-
—1
of N Y
Edison
12%
*48%
10%
11%
Consol
23%
7
39%
403%
11%
1%
40%
93% Jun 15
22% Jun 23
14
243/4 Jan
No par
No par
1,500
,
" 31%
31
23
Consolidated Cigar
$4.75 preferred
2,000
108%
*
40%
6
5% Mar
Jan
79
•
7
Highest
% per share
$ per share
85% Mar 14
80
Mar 9
% peb
par
No par
Consol Coppermine# Corp
3,100
V49
*112
11
:
,f f.
4%
-
No par
*15%
25% "725%
8%
.
•
600
107
22%
777;
15
49
v 11,4
40%
—
170
3,500
4%
1..7.'7,.7,7
13
,
X1087'8
-
263/4
-8%
*11.2
114
,
" "r
7
Feb
par
Congoleum-Nairn Inc__
18,200
11%; 7.. 77711%; 11%
'14%
110
109%
27
Year 1943
Lowest
$ per share
40% Feb 15
14% Apr 18
.
par
Conde Nast Pub Inc—
•
-
'
'
49 %
110
26%
600
X22%
77'
w
*49
49%
109%
3%
106%
22%
12
:7\:
16
15%
16%.
49%
97%
33/4
23 ■%
"."31% 7;77.:
13%.. 7
13%
233/4
23% 7
14%
23V«
133/4
16%
97%
7
7 7
4%
;
22
'
24%.
14%
400
31
12
24%
2677;
23%
107
11%
32%
23
*13%
*25%
,
3%
4%:
■7
2,300
25
:;:':77.4r
97
*106%
107%
4%
22%
22%
Range for Previous
'
Highest
.
Apr 25
Jan ;3
Feb
7
39% Jan 25
37% Jan
3
105
Feb 11
10
100
par
conv
Commonwealth Edison Co
10,400
253/4
*17% ;
v237/«
23%
2,200
27%
18%
26%
.
.
•
5%: ; "'•!
•'-'5%
7
■,'•
99,800
85%
as
253/4
*3%;
243/a
9,600
::"7,1
27%
97 •'
3%
23%
'
16% Apr 24
—No par
preferredComm'l Invest Trust
No
Commercial Solvents
'-No
Commonwealth & Southern—NO
$6 preferred series
No
4%%
2,800
15%
'7- 1' /;
fs:
1
25%" 7 25% 7
■
46%
15%
34%. 7;7
25
'
/
'
84
Credit
'.Commercial
200
106%
-.76
70
No par
No par
Co
preferred
$2.75
•
200
4
100
100
Pictures
7 Columbia
2,900
46%
17% "is
'
97%
97%
107
106%
7"
; 3%
•
24%
24%
7;
.■■;■>•
.
r
7 7 *106
.15%'
.
27
27%
27%
27%
27%
1
403/4
Carbon
Columbian
900
18%
43
40%
i
.«
5%
1,800
/
18%
J
"46%
7
.
15, 7.
85%
84%
18%
'I
x46
-;•••;
27%
——
106%
16V4
1
1%
80
86
"106%
47
15%
16%
16 'A
'//.th
18%
40%
'
46%
47%
47
t per share
No par
preferred series A
preferred
6%
210
88
43
'>>;
1,600
76
43
18
40%
110
*106
76
*85
43
v
"
105%
105%
'7-7'
80
86
41%
40%
par
Columbia Gas & Elec
23,300
84%
84%
■•";••
75%
74%
44
*43
%:'/■
41%
7 Lowest
•'*
■
84
•19
X18%
19%
*43
;
,
"
'••■;
Shares
'
84 ,:•
85 rV
88%
<86
*86
..
'-4
EXCHANGE
~
43/s
4^e"
4%
4%
4%
76
85
■•. r
v
■
Ranye since January 1
...
*
t per share
$ per share
7..'7 ••'
■->H'.
STOCK
NEW YORK
for
the Week
Sept. 8 /
i
■
4
4%
4'/2
__
Sept. 7
i
t per snare
per snare
j
snare
...
.
Sales
Friday
Thursday
Wednesday
Sept. 5
Sept. 4
Sept. 2
SALE PRICES
LOW AND HIGH
Tuesday
Monday?;
Saturday
Monday, September 11, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
1088
52% May
>
1
Volume
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4315
160
NEW YORK STOCK RECORD
*
s
Sept. 5
per share
I
per share
Thursday
Wednesday
Tuesday
Sept. 4
i
Sept. 2
;
SALE PRICES
HIGH
AND
LOW
Monday
Saturday
Sept. fi
/
per share
*84 V4
88,
88
*84%
12%
13
11%
12%
11%
12%
>13%
14
12%
13%
12%
13 %
88
y
37 %
35 »/4
33 7'a
3 7(5
3%
.$»!•
—
12%
-_'','v./—
*
i
.
—:
.
/V-
"
*
ll;3
,::/
'
i—
■
'
—
V?.
--
48
48
50 1
50%
■
23%
107%
38 %
>
/->:■ /
/
/--,/ /;■'
108
?;>;
>■•
..■4'
.
46%!
>
..
.
■••■
—
*22 %
:'">„
>'■
•
..
:
v
>
6
:
16%
16%
40%
39%
5
5%
43i
438
4%,
14%
15%
37
38 W
*16
70
20%
7%
6%
V v'
*53 %
55
53%
53%
*13%
13%
13%
13%
12%
106%
106%
*106%
x49 %
49%
155
*153
9%
6%
>>, >5%
6'A
^
155 r;
155
9%
*
,
"
9%.
.
*
16:,
'16
16
16%
99%
99%.
27%
"27%!
153
>
*151
:
27%
;
27%
153?.:/
*151
42
/.
'30
153
3
.153 ,
37%:' 37%'
-
17.100
2,700
'
?;40%
41%
im: ...115
114%
114
115
*114
41?«
41%
41%
41%
V;
115
>'
3%' '
3%
*134
138
'.111
Ill
*
'A
' V
*51%
,
62%;
129%;, ■
60%
62%
129%
129%
;
-51%
52%,
.
,
.
51%
'
: 21%
"A
51
10%
11%
11%
,
1%
1%
1%
1%
■>>
A 24%
25%
25%
*120
.
*120
1%
0
25
9%
l%v
.1 %.r
~V/n:
?>. i%
/>
■
24
18%;;
18%
;
78%
78%
-
29%
77
•
29%
700
20
104
*102%
104
86
*84%
*97
24%
24%
2%
;
i
33A;
3%
123
.
:
122
>
48%
*110
>
;
110%
5
:15%- -16
-v,'/
/:
4%
4%
17%
17%
17%;
.13 %;./.
38
13
12%;
38
36%
38%
38%
28
28
» 28
*155
156
155
>■
5%
12%
'
■
.v.i.
'53 A:-:
53
45%
46
*31%
sJLi:
♦
12%'.
33
>
..
2t%
*11'
r
21% •,.21%
>;
5
U.
.
166
8,500
3175.
r,
44%
317 a
preferred—:
Aircraft Corp_
5%%
7,600
Grumman
Guantanamo Sugar—
;
7
8%
50
600
,44%
6,300
43%
preferred
Gulf
Oil
Jan
19% May
16%
Jan
21
5%
Jan
15%
Apr
17% Sep
5
Jun
16
105
.
'
Dec
May
Dec
5
July
5
2%
Jan
5% July 10
July 5
1%
Jan
9%
Jan
14%
Jan
30% July
7
17
i97/8 Apr
18% Jun
45
1
37
Jan
Apr
Dec
51
July
Jun
6
5%
-
134
28
July
Aug
Jun
9%
Jan
Jun
151
Mar
Aug
4%
Jan
8% May
7%
.
Jan
2%
3
July 10
9%
Jan
18% May
Jun
71%
Jan
-20%
Jan
8
130 Va
Jan
39% July" 11
30%
Jan
39% July
34
Jan
44 V# July
14
Sep
3% Sep
July 13
83%
119%
Nov
July 12
130% Aug 23
.44%
Jan
125%
Nov
66
Sep
3
Jan
128%
Nov
Dec
120%
July
131% Aug 24
May
32% May
1% Auf
93
Aug 25
117
98 %
148.
113tt Jan
8
135-
Dec
107%
Sep
137
;
July
56
July
131% May
39
Nov
3
17%
Jan
2%
Jan
6% July
13%
Jan
24% May
4%
Jan
s*a
Jan
2% May
12% Jan
25% May
2 %
28 %
17:.
July
3
July 10
„
Aug 10-
25% Jun
Jun
113
Dec
25%
Jun
23
x99% July
52
4% Jan
»% May
74
5
Jan
Jan
May
14%
59
7
85%
Sep
Oct
14% Jan
22% July
41
1
Aug
,
60% Jan
July 11
23
48
Jan
•Ar Jan
1% Jan
3% Aug 21
> '4% May 4
4
July
23% May
Jan
Jan
14% Jan
17% Aug 18
3
Dec
24%
15%
13% July 10
Jun 17
Jan 4
Apr 26
91
Jan
108
90
7
Jan
16%
19
105 % Aug
15%
60
31
July 15
113% Apr 22
Jun
Sep
23% Mar
9% Jan
>
22
15
Aug
59
15% Jan
19% July 12
Jun
1'/#
31% Jan
25% July 10
26% Jun
115
% Jan
2% Aug 10
88% Jan
8%
Mar
X104
Aug 24
120
•*90
6
-2% Jan
:
Aug 17
11% Aug 21
5
Jan
1
107
23% Jun
7% Jan 3
Jan 6
Jan 19
.
11%
Jan
52% Aug
Jan 14
19% Feb 8
99
Feb 17
Jan
Jan
13% July 26
110
69 >
11 %
,.. x83
>18%
Apr
53 %
102
29% July 12
.••••
4
Jun
14%
Jun
6%
43% July-12
117
Jan
3
4;
6%
Jan
14
Jan
153
'
Jan
51
July 20
102% Aug
>
19% Apr 25
Jan
3
.
18% July 10
4
Oct
9%
7% July 10
14 %
4'/a May
-—
—
54 % May 19
' 14% Jan 4
75
Sep 7
22% Jan 20
19
28
x21% Aug 30
112 Apr 11
l%Jan 3
51 % Jan 12
/ •
19%
47% July 18
Feb 16.
Jan
Sep
Sep
116
Jan jS
51% Feb
v.
123% Sep
6
73%
Sep
Jun
1% May
3% May
97% Aug
85% Jan
3
par
40- Feb
par
98'. Jan
par • -1 36% Feb
par : 104% Jan
7
3
54% Jun
19
24%
Jan
104
Feb
17
83
Jan
Jun
19
25% Jan
41% July
8
3
50
112yaJun
26
90% Jan
108% July
16% Sep
5
4% Jan
100
8% Jan ; 3
T% Jan 3
-
>
.
14% Jan " 3
25% Jan 3
24% Jan 3
143% Feb 15
57
May 23
43% Feb 17
" 19% Feb 17
11
Apr 29
>11. Apr 18
3% Apr 3
123
,
f
18% Jun
23% Jun 28
.
Jan 26
3
6% Jan
;
33
Jan
3
17 '
July
Dec
8
Jan
7% Jan
5
Sep
3%
6
45%
Sep
102
Oct
9%
Apr
2% May
6%
Apr
July
17
13% May
29%
29
Mar
Aug
2
26
Sep
July
Dec
18
Apr
21%
Jan
32% May
23% Nov
8
156
37
Dec
13%
July 12
Feb
24
Mar 15
-39% July 28
138
27%
Jan
Jan
154
Dec
Sep
65
Jan
Sep
Feb
3
57%
50% Jan
5
31%
Jan
50
14%
Jan
21%, Dec
Jan
13% July
67
24% July 15
12% Jan 24
-11
10%
16% July 19
>
Nov
17% May
5
Jun
6% Aug 12
2%
Jan
Aug 12
81%
Jan
160% Jun
•3%
Jan
10% May
25%
Jan
41% May
44% Dec
50% July
176
:C 16% May 17
59
Jun 23
49% May 19
43% APr 29
:
4» Jan
7
5
19
7
3% Jan 20
-
Aug
5% July
15% May 18 >16
9% Feb 8 ' •38
32% Jan 3
25%
par > ;'
23
Corp
10%
12
23% July
23
125% Jan 28
36% Jan 3
4% Jan 3
18% Apr 26
i > 6% Jan 3
1% Apr 25
No par
No
5
4
Maris-
100
—
Gulf Mobile 8c Ohio RRJ
•S Preferred
——
10,000
18
Jan
Jan 11'
.
No par.
10
1
No par
'
/ 51%'
■„
x43%
; 45%
'
2,100
11% .41%
;
Greyhound Corp (The)
4,100
166
>165
,,
11%'
Green
54
115
100
1
& West RR
(H L) Co Inc
13% July
Feb
102
——100
-
-
Jan
39%
128
Prop—No par
6% pfd—No par
Western Sugar
No par
Preferred
Dec
9%
22
'••112
Apr 17
v »2 % Feb 10
-10
20
—
11%'
15%
,5%
%'
'51
51
52 %' •
:?
Co__
preferred——
9% July
53
66 % Jun
1
No par
;
No par •
;
i63«,
5%
*11%
ll3i
".15%.
Jan
14% Mar 28
3
8
8c P—
1,500
•
Jan
30%
1
35
Feb 24
\ '< 40% Jun id
No par
1
Green Bay
,
14%
Great
30
'
3%
7
5
140
> .
Great Northern Ry
1,300
48%
Jun
5
May
V'% Jan
Great Nor Iron Ore
59
:
49
♦160
165 ; 165
11% >12%-,.
45
*57
48%
5%
100
155
28.
Jan
V- 81% Jan 4
25'A Apr 19
-No par
—
Grant (W T)
,
Jan
8% July
13% Feb
No par
Motors—
Granby Consol M S
Grand Union Co—:
Granite City Steel
13,200
27%
-*153%
21%
Gotham Hosiery—1
Graham-Paige
2,000
16
"36% >37 :>
,.
'*27%
'>
48%
11%
A 52
•
59
15%
6
24'.,
'.>
19%
•58% Mar
9,
Aug
«
preferred
conv
1,200
38
24
-
'
-
155
-22%' '
5%;
6%, ,,:
170
'169
V
:
155
49%
,11%
.
16%
15%
Mr
Jun
8
5
1
1,700
13:: :.i3 ?.'•■
-
27%
*57
14%
11% f
*11%
1,300
15%
*"
37
27%
,
59
21%
22%".
22%"
"
1,500
K
36
-
155%
49%
49%
49%
4%
/ 17% >17%-
4% ::
'
15%
15%
?28
*57
59
*57
57,700
'•
24
*23 '/2
15%.
„> ..15%,
5,700
5%
37%'
24
*23%;
24%",:'
.16
15%
'vl
12% "12% /:/"
38 ?:?:
;
38
>> 38
,
""
1,000
.
15%
?;
'4%
17%
•17%.v.
*23%
*
%
5
*
:
4%
4%
17%
,11C
"
4
4%;
13%
7,800
r46%;
'. 110%:
.
"/'• "4%
15%"'/ l
15
Vv:v,
200
•/-!;,
no
110
!5t;/
110
110
6,600
,
36
Jun
—100
1
preferred
Brewing Co—
Gold & Stock Telegraph Co
Goodrich Co (B F)
No
;
$5 preferred
No
Goodyear Tire 8c Rubb
—No
;
$5 convertible preferred—No
530
50%
.
/
50
,V 46
47;,
4%'1 >;•■>
*37%
15%
45%'
121%
120
102 V* 102%." '*
102,%;,
'
*102 /; 103 "
v:
50
43%
:-48%v
47%
,
.
300
'
*3%,,'/3%
""3%
3%;
121% 121% :r '/
^,1';
,
Jan
»
tGoebel
3.400
51%
2%
*
2%'
V
.
.400
-
,23%
*50
A
2"/S.
98 ?"»-
V
23
23%
50%
,
52
102%
„
23
"
5%;.,
>
:>;< 4%
,
*-
,
:
16%'
16
.
/ A 1 *94%
25%
4%
—No par
No par
Glmbel Brothers
No par
$6 preferred
No par
Glidden Co (The)—No par
4%% conv preferred-.
-—SO
Gobel
(Adolf)
1
7,100
16%
16%
97%
-
Jun
5
4
1
Railway Signal
$5
300
.
Jun
38% July
i 10 % Feb 11
107 %
105
Jun 21
50%
413A Apr- 28
>9%
< ' -7% Jan 24
155
143
Feb 8 f 11%
w " . 63A Jan
3
A
7%
>4% Jan 3
1,700
84
July
22 Va
3
Gillette Safety Razor
7.100
12% A12 %
84
w
J 50%
2%'
*.
f
-
16%
96%
24% V
i50%
'2JAr.v?
(;-3%
12;1%
A
84
16%
'•••;
;
50%;
103%: ;
48%; '
*102%
•
?v
12%
84
17%
23%
>50%
52%;;
12
08
'
A : S2%
3%
2%
/{122 %:
-98
-
51%
*50
>?
16%
,
•17%/
98
?>
17
"
85
85
f-
12%
109
23A Jan
51
6,500
'
12%
13
12%
20
2,400 :
? •23%
*23
Jan
18
$6 preferred—No par • ■
General Telephone Corp
20
Gen Time Instru Corp
No par
6% preferred
-100 v?
General Tire 85 Rubber Co
5
'
4%% preferred
100
'
.
Jan
Apr
Gen Steel Cast
1,000
•
Jan
15%
97%
Aug 31
Jun
10c
No par
General Shoe Corp
j
1.230
30
39%
31%
19
May 13
44
26% Jun
109
31%
•
23
*102%'
103.
193
105
L400
*111 •: 111%
111%
..
22%
23%
-23
24%
23%
*111
*29%
29%
29%
*111, 112
110%
*103
>;
25%
29%
Jun
WW
Jan
No par
-
Realty 8c Utilities,$6 pref opt dlv series.:
General Refractories—
/ 2.300
: *22%
. ,23
j 2'A'YB jtst:
17% ,17%
17%! : 18 : v.*, ',
■.75%; .76%;
75 '
25%
25%
*25%
J25%
3
Jun
109
Jun
July
17
No par
—No par
Equip Corp—No par
Precision
Gen
300
22%.
?
78%
j
,
25%.
,
•29%;
110%
23%
18 r./j "18%
f
25 V2
25 % •
1
r
43
42% July 12
No par v
Gen
84'A
*82%^
*82.„
Jan
4
Outdoor Adv A
6%
~13A,
1%,
1%.
85%
22%
87%;
"23%
1%
*5%
2,000
14,600
*120
*120
1%'
;-r
•
87%
Gen
3.200
24%
X24
24 %l
24
'
'
25%
Nov
Jan
No par
General Printing Ink
Gen Public Service
3.800
1%
50%
•31% Aug
4% Jan
—8
8
—
"'•Common
-2.800
10
93»
19%
Jan
75
series A-No pan
preferred
$5
3.700
21%
9%
$6 conv preferrtd
Gen
300
11%*
Jan
42
38% July
5 5% preferred-.^
—
100
General Motors Corp—i_i———10
'700
52
11
21%
21% *
10%
10%
40,200
:? 60%^
60
,
;
132
*50%
,
127/8
50% July 20
Jun 27
51
Dec
cum
General Mills
400
■:
*129% .130%.
%
51
21
22%
9%
22%"
'22%
■
*130JA
"
•
'
.
130
130
.
-11%
11%
12
.; 11%
135
{
150
133 ,-,133,".
"108%, 108%,
109%
,*130% 135. <:?
59%
60%.,'
*107
135
*131%
>:
62 V
129%
:? 134
110
110
27% Aug 21
Feb
?
No par
No par
;Gen dlas & Electric A—_•
10,300
:;3%
3%
3'! 8
3%
135-.,,.,
,135
>
135
*131%
3%
40
.
..
..
'
3%
98%
29%
General Cigar Inc
500
27%"
Jan
50
;
——No par
preferred—
-100
U—No par
7% preferred
—
-—100
General Electric Co
No par
General Foods Corp
No par
? $4.5Q:preferred—
:
No par
7%
280
.
78%
36% July 11
Class A
1,100
15%",
98
27^
37%;..
37%
•
41%
*11.4
152;
152
38%
-37%
38%
38%
General
'
99
*97/:./
98',:
27%,
97
•
99
Apr
25% July
12% Jan
No par
Bronze Corp_^
5
Cable Corp———No par
General
4,700
"
4
»
•
">••••; 27%
2,400
57ir.
.15%
15% .15%
.
/9%v;
:
Dec
6%
Jan
25% Feb 10
16% July 19
preferred
$8
150
*
18%
Jan
15
28% July 10
101% Sep
6
2% Jan
—50
General Baking—.
"
"5%"'
■k 5%
-5%
.
155
9%
r
'
0
Geri
4,200
8%
8
.
Feb
3%
3
_5
Amer Transportation
3,100
8%
*153
",'v;
10
100
•
8%
8%
Deo
13
15
-——20
1
Ga)'lord Container Corp
5 % °/o conv preferred
Gen Amer Investors—
$6 preferred—
i
2,100
106%
48%;'
48%
49%;:;
8%
,10%
10%
■
'
*106%
106%
48%
•
>/
155
*152%
:
>.?.
>/
8% > 9
t
53%
'
18%
14
13
Wood Industries Ino;
Gar
20
13
23
Aug
Jan
Ao par
No par
preferred
$3
12%
?
"13
Jun
22
Jan
103
'
300
2,400
.53%
105% July
29% Apr
29%
(The)
Co„_—;
Gamewell Co
19% •'19%
53%
19% July
Jan
Jan
1
20
Gardner-Denver
lOAOOv
6%
19%
*52'A
6%
700
*63%
%
6% *
,
,"19%
20%
19%
21%
*63%
70
6%
.
Nov
Jan
86
4
>70
*>30%
No par ; :
(Robert)
preferred
Co Inc
440
•
16%
16%
*16
16%
16%
/>: *63%
.
7%!,
.
Gair
(The) cl A
Gabriel Co
16
May
11%
Jan
>>16
10
.1
100
preferred
4% %
2,600
38%
38%
>
8,400
4%
*15
16
Trailer
Fruehauf
170
-
Mar
28
24
May 16
7 >20
A. <13%
No par
100
Co,,,.
Co„
Freeport Sulphur
2,400
1,400
*
7% pfd
F'k'n Simon & Co Inc
5'A
43%
11%
53%
/•
25
Francisco Sugar Co
2,800
5%
4%
—
preferred—
6%,' prior
110
":
40%
Corp
Foster-Wheeler
3,000
/
115%
'
70
•
20%
5.8
5%
38'A
.>
? 17
71"'
58
Machinery Corp
:
-.
10
100
1
—10
10
Fair Stores Inc
Food
*114 v
••
38
."
*63 'A
Food
57%"
1X5 V>.
15'A
•••>-
39%
17
: 40
;•
114%
■
5%
47'b
500
800
-
4%
6
4%
14
'•,
42
Nov
67/a
24
Aug
Nov
Nov
87/a
*10% Aug 18
3
Jan
.2 4"%
No par
preferred,—,
44
104%
40
41%
24
A.
Steel Corp
conv
'"
14
.
116
115
5%
43 %
,
26
Apr
Follansbee
10
.
22%
**100"
■
32%
40%
41%
116
115%
•
—
3% July
—
20%
'
Apr
Dept Stores
•
>>22% 22 7«
16%
;
16%.".; ,*16%
10475./
' *100
31%/ >'
>:>•. 31% ;3i%./ ;
31%
10474.
31%
v
6%;/.
16
17
16%
*101
,
22%
22%
22%
.
32%
41%
.-"
>:'' :,.v—
19%
*
20311
59
20%
17%:,?
32%
,
<
59%
29%
6>.
y ,,
13%
59 ' >>•/•,
13%
14%
59%
104%
45
*43%
45
:
6%
?>
38
•
Jan
—.
50
110%
"29%
;/
30
-
6%
700
6,000
■V
29% Mar
21
17% Feb
600
300
>
23
Jun
Nov
17
105
100
5,300
107% :l07% :
37%
20%
223/4
17
*101
'
■
45
21%
__
—
S
*29
> /
"
x42% >42%/
/'."? .'3T'/a
6%
1,800
,
100
19%
17
21
—No par
Jun
14%
30%
14% Jan
Florsheim Shoe class A
V
>' 22.%
> *108
> *37;
18
Jan
6%
Jan
20
July 17
26 %
3"
400
.47%
...
110%'
*108
30
14
60
--
•
110%
38%
290
42%;./;
23
18
5
3
No par
22% Jan
Jan
5
4% %
conv
preferred
100
93
Jan
3
Ferro Enamel Corp
__1
17
Jan 27
Fidel Phen Fire Ins NY.,.
$2.50 '
45
Firestone Tire & Rubbers
-25
38% Feb 8
4% % preferred1
2.100
*103% Apr '25'
4
First National Stores—
No par
35% Jan
Flintkote Co (The)
No par
' 18% May 4
Jan 13
$4.50 preferred,——
No par ' <■ 104'A
Florence Stove Co
No par."
34% Jan 13
2,000
107%. &/
107%
V
t,
22%
:•">
60
21%
487«
> 42%
14%
•
?
—-
>-
108
Federated
3
Apr
Jan
:—2
.5
Jan
53A
41% Aug 18
Jan
Jan:
3%
-
%
25
Nov
78
Jan
•
43A July 14
Jan
No par
Corp
Federal Motor Truck
1,800
-
27% >
••47
;>
14
14%
Federal-Mogul
$6
5,800
?>
>
>101 > 101%
26%'?
253b
.
39'A Aug
15
Federal
47%: : 48 %
47%
">/I>7%
50%.
6 %
•
46%-
.
.
■9
27%
27V4;/%;
3
33 'A
21%
9%
20-
Fajardo Sug Co of Pr Rico
700
;•
.
29,
Corp_l
No par
Fairbanks Morse St Co
Light & Traction
preferred
Federal Min & Smelt Co
21
15% Jun
2"% Jan
500
21
...
><8%
>•
•
25%
*29
?
'
—
»
•?•
26%
23%
7
*14
(A-.
;
30
87B
101%
38
*45%
>
"
•'>-
21
4374.
38%
*6%
21
;
19
18
21% Jan
Corp
Farnsworth Televis'n & Rad
1,500
'
50
>•
103
103
>
21
107 %
*
!>/■:/
>>
6% Apr
Co
Products
share
per
68%
84% Aug
15
share
per
9% Apr
Cleaner-
Vacuum
Exchange Buffet Corp
78,200
14% :,
,16%:
*15%
15%
;
22%
;
,;.. *29
„
i
?
__
,0
•""
42%
>
/>>
.
•"
■"--> i
3,500
21
48
*107%
>
24
4,200
24%
101%
49%
437a
387.1
26%. >>> 25%
■/> 47%
108
*43%
>-->>:,
38%
j; 24% //" ?>24%
14 >■/',/••
13%,
103
>
101%
101%
/>• 25%
26%:.
36
2,100
;>8% *.,
28
27
Ex-Cell-0
3%
*20%
9%
9
■
101%
/>■: 108*.
.
21%
Evans
2,800
share
24
13% Aug 25
•
.,3%.
21
21%
28%/./
26%
-'•:••/
;
21%
*20%
1,900
?
13'A
13'A
103
103%
*103
,
9% ;>.
■/>> 101%
/ *>
///>
••
15%
21%
26
-
-
13
16%
Eureka
38®j.
:>"•' 24%
13%
6,400
3%
38%
25%
'
22
9%
—
/.■ >
io3%.;;,
*
21 v2
,
.
—
39%
25
12%
?
"
17
>21 %
—
.
,: ;;:>>>-'■>!. >_:
,
38%
c
13%
*16%
^
••
"v.—"
>
.
41%„
26%//-
"
")
12%
12
x35%
%
/ / 16%
39
26
/ ;v;
f-:' ■';:.
>
'
?>
'-.-v
3
''
S per
Highest
Lowest
Highest
share
78% Feb
RR Co——.
Erie & Pitts
88
Tear 1943
Range since January 1
Lowest
•
f per
35%
35%
36%
37
.
EXCHANGE
Shares
share
>84%-.
s84%
.
S per
S per share
$ per share
Range for Previous
STOCKS
v./
,
the Week
Sept. 8
.
NEW YORK STOCK
Sales for
Friday
<■
Sept." 7
itl
ifi.
net
ff-
Rackensack
'
ael
'-!i v.ts
nzt
•
;;
31%
•.
20%
205R
15%
'.15%-'
*108
vr
*106
*
18.%
,32
111
*
.ir*20i
-
18%-"
;
For
footnotes see
SC."-
page
1095.
106 -'"1 106
;;
-
v
•
; 108 "
106%
-18%
*14 75,
—
■
*108
17%
•
30
;
307i
^075,
20 ;
"
>*19%
1975,
111
7%
105 Va
*108.
•;
*106
106%
>, ,100
.
;
74»
390
)
111>
/.
7%.
106
8
4
18
-J
—
.
20
'
—
W
r
8%
*10572 -106
■
f
-
<1*
preferred—
Co $4.25
Harbison^Walk Refrac,
Hanna (M A)
—
3,700
,
;
800
20
6%
27
Apr
28%' Jun
15%' Mar 13
'/ll'A Apr 26
106
; Apr 11
——
—100
pfd-JVo par
No par.
100
,
102;
.
' Jun
14
15'/2 Apr 24
138
Jan
6
1
5% Jan
14
preferred -([modified)—-100
104% Jan
5
Hat Corp of Amer
class A
83
4
26
.15
preferred—
6%%
.25
.23
—Ho par
Co.
Hamilton' Watch Co
;
'.
10634
i i'
*146%/
18
Printing
Hall
200
*
18
Water——.
preferred class A.
400
.;• >
15
*14%
15
*146'/2
8
*105 Ye' 106%
/
*106
*
5
>>... 33 •>;./•
?■(
"
14%
*
7%'
30 >
19%
t
-
20%
*146% '
8 %
<
108
*106
;?>18
*146%
.
31
.
: •> 14%
-
r
106%
33%
-.30%.
V
>•
•
7 ♦ 31%:
38
July 17
May 5
Aug 31
3
July 24
106 % Aug 11
21
July 10
;
22%
-
21
'16% July
111
150
Jun
8
8% Jun 27
110
July 12
•
Feb
28%
35
Jun
38
12% Jan
9% Jan
104% Mar
13%
135 ~
Jan
Feb
4% Jan
86
Jan
Sep
18 Va
Apr
July
15%
Jun
110% July
18% July
144% May
7 % May
109% Oet
f per
Sept. f>
,
7
•
6%
6%
8%
107%
107%
106%
20%
20%
20%
21
21
23%
23%
21%
83%
83%
83
83
131%
*130
*130
"61V*
400
.»
123%
122
122
26
*24%
25%
*24
25%
*24
25
22%
22%
22%
*22%
47%
45
45%
*45
.40
16%
16%
16%
16%
16
16
17%
17%
17
17%
*17%
'
18
*116%
*116%
46
40%
43
68%
68%
Y;
114 "
43%
43
16%
10%
68%
68%
11%
10%
36
36
35
*68%
68%
500
10%
10%
10%
15,000
1%
-
9%
*8%
25%
26%
27%
15%
16%
1$V*
4%
4%
28%
28%
28%
28%
28%
28%
28%
16%
15
16 %
15
15%
15%
15%
38
38
34%
64
18%
64
62
63
62
63
14%
13%
13%
*13%
18%
18%
18%
18%
165
83%
82%
11
10%
11
37%
80
36%
1,000
112
'
3
3%
;16%
15%
16
73%
72%
73
V.-: 5
5%
30%
29%
133%
*132%
19%
20 %
18%
20
29%
83%
82%
10%
*9%
10%
43
*75%
77
*115%
125
5
YV.5Y-.
29 %
29%
134
134
19%
29,100
82%
9%
9:%
700
80%
80%
*72%
75%
*118%
18
Y
300
125-
17%
18%
17%
17%
18
1,700
18%
18%
17%
.18%
17%
18
17%
17%
2.400
17%
*17%
17%
17%
17%
1.000
41%
42
*38%
41%
19%
18
'
18
41%
17%
42%
*141%
*141%
40
*38
700
•
18% Aug 23
Sep
1
Sep
13% July
July
57% July
114
July
Jan
Mar
59% Aug
3% Jan
70% July 11
7% Feb
30% Fe,b
44
105
69% July 10
114
17
9% Jan
8
68%
Nov
9%
July
41%
Apr
2%
Jun
10%
Jun
21
37% July 10
30%
Jan
2% Jun 28
10% Jun
5
%
Jan
4%
Jan
1% Jan
ii
6
Jan
12
.
'
Jan
2% May
Leased
Feb
25
10% Jan
3
29% Aug, 25
19% July 10
25 V* Jan
3
44
Jun
26
100
4%
lines
8
Aug
100
preferred series A
6%
124
46'
Jan
4
67% Jun
5
8
16% July 11
20
RR Co
Central
Illinois
6
luu
Idaho Power Co
Jan
4
Indianapolis Power & Lt
15% Apr
25
18% Sep
Industrial
35% Apr
14
8
No par
No par
Nopar
_—No par
100
Rayon
preferred A
Steel
Inland
.
No
Co
6%
158
.165
3
X87
—100
Injtercont'l Rubber
No par
6% Jan
3
Interlake Iron
No par
6% Jan
No par
154% Feb
No par
—100
67% Apr
Hydro-Elec Sys class A
1% Jan
25
Chem
5
100
1
Min
&
preferred
International Mining Corp
32% Nov
International
\5%
conv
preferred
:
5%
of Cent Am
preferred
International Salt
No
International Shoe—
15%
Apr.
Jan
6
Nov
9
6
Jan;
9% Apr
144%
Jan
82
56%
Aug 21
162
175% July 11
3
6
19
115
f
,
177
Jan
74%
Jan
177;
■V2 Jan
3% Aug 23
Mar
Mar
Sep'
Jun
July
4% May
30
11%
Jan
19
Mar
July 20
55%
Jan
67
July
3%
Jan
18% Jun
Jan
% Jun
28
5
25
July 11
20% Aug 30
129
32% July
3
7
11
3
12% Jun
4
92
Jun
135
85
6% May
Nov
36% Apr
Dec
138
July
8%
Jan
14%
45%
Jan
693/4
Dec
21
-3%
Jan
11%
Jun*
20
37%
Jan
71% July;
July 18
Dec
'
39 % Jan
.
13
47
Aug 28
39
July
35% Jan
par
13
43
Sep
5
28
Jan
38 3/4 July
56% Jan
3
78
6
36
Jan
60
Dec
127
115
July
100
Feb
3
11% Jan
12
pur
11% Jan
par
15
Apr
par
1
15
Jan
29
Jan
6
138% Jan
17
117
1
preferred
Apr
July
78% July
106
78
par
$6
168
3
8% July
3
preferred
Island Creek Coal
100 V*
Apr
Jan
10% July 10
181
Sep
5
/
4
Intern'l Telep & Teleg
No
Foreign share ctfs
No
Interstate Dept Stores....—No
Intertype Corp
No
Nov
8% July
68% Jan
56
Silver
62
38% July
Jan
No par
International
158%
Jan
Feb
,66
7% Feb
No par
100
Inter Rys
86%
7
Jan
13% Feb
15
100
Co
Paper
5
Aug 14
Nov
13
130
100
Preferred
Sep
6%
25% Apr
No par
Int Nickel of Canadu
44% Jun
9%
J an
4%
May
19% July
213%
15% Jan
65
13
Jan
5
28
4%
Jan
7
25
165% Jan
.
May
4
11%
1
8% Mar
29
Preferred
48
12% July
27
Business Machines
31% May
Jan
40% July 17
114% Mar 13
28
29% Apr 27
109% Jan 27
16-% May
Jan
Aug 29
106% Sep
G
9% May 11
7% Jan
.1
preferred
105
8
3
Mar
-
71% Feb
par
No par
Corp—
Jun
88% Jan
20
Inspiration Cons Copper
Insuranshar.^s Ctfs Inc
Interchemical
100
_
Ingersoll-Rand
6% preferred
Jan
18%
37
42% July 12
3000
ctfs series A
RR See
*141 %
*141%
13% Jan
ii
7%
54,100
17%
19%
Aug
July
4
1
18 %
17'%
■
1,400
75
*118%
125
17%
500
41
*73
74
18%
125
46
'
41
45 '
1% Jan
330
*45%
Jan
17
Jun
1
'2,000
9%
41%
36%
45
May
Apr
•
11% July
70
82%
45%
17%
4,500
10,200
19%
82
*118
19%
: ,3%
82%
40%
42%
Jan
180
.
44%
Jan
4%
Int
80
31
16% Aug 23
International
42
•
47% July 13
4
-300
82
:
117
8% Feb
1,000
V 46
.41%
V5
.
42
Jun
No par
3,600
46
46%
4
17
115
29% Mar
74
82
82%
4,800
9%
83
*9%
Jan
100
International Harvester
79%
81%
83 V8
-39
12%
17% July
Sep
3
Aug 15
Apr
Jan
Int
174%
19 %
18%
18
117
Jan
22%
16
29%
13
23
7
6
*71
134
*132''a
40% July
28%
3
28% July
*15 %
Y'5%:'
-29
134
Jan
17% Aug
10
100
Manhattan
&
non-cum
74.
5
5%
29%
133%
25% July
Feb
1,200
3%
Jan
Jan
13,800
79
3
16%
Jan
15%
15%.
*71
23% July 11
47% Sep
5
63
9
174
79%
Aug
21% May
108
180
178
174
2%
3%
3%
1,700
8%
8%
118
4
180
7%
7%
177*
174
174%
112%
112
7%
78%
80 %
*174
16%
18%
*35%
177
73%
*
'
36
8%
9%
181
78%
80%
42%
300
.
35'
7%
8%
174%
82%
3;800
8%
111%
179
*174
*46
1,000
10%
*8%
7%
181
5%
82%
*10%
112%
7%
9 %
9
180
82%
10%
8%
*112
7%.
20
82 %
u
8%
37%
37%
165
103
37
112
7%
x
8%
8%
8%
165
71 ;' July
Jan
Jan
Jan
Light & Power Co ...No par
v t c
25
—5
$4.50
300
81%
83
11
1,400
38%
103
*162%
165
49
100
6
22% Mar
105%
*101%
101% 101%
83%
1,000
18%;
*105
105%
*105
July 17
No par
410
14
37%
Y
38%
37%
38%
106
73
123% Sep
Jun
136% Aug
preferred
Hud Bay Min & Sm Ltd
1,160
105%
Dec
Dec
87
Jan
Feb
Houston Oil of Texas
; ».1.600
*162%
165
111%
15,600
36
104
*8%
2.000
.
36
*105
73
128
Jun
14%
,54
preferred
Hupp Motor Car Corp
36
106 %
*162%
5Vc
Houston
18,700
35
105 %
105 %
Aug
29%
25% Aug 31
100
Household Finance
21,900
37%
38%
39
38%
*105
Apr
172
Jan
2
No par
-No par
Class B
4%
'ix
18%
14%"
18%
4
4
Houdaille-Hershey cl A
""71
12%
19
13% Jan
12.50
No par
Home8take Mining
Jan
Jan
56%"
152
Mar 10
116
No pat
100
.
110% July
Jan
13% Jan
v
5
Hudson Motor Car
63
14%
.65
114%
3%
(Del)
Holland Furnace
89
3% May
1% Jan
93%
134
18
10% May
20% Jan 21
36% Mar
4
i
1
—lp
(C E) The
15%
14%
15%
13%
4%
Hires Co
24
Highest
I per share
Dec
"
Ang 14
27% Feb 25
3
5%
28%
16 %
15%
'
27
Hudson
Y; 2,900
27
4
May 24
22% July 10
75% Feb 25
Apr 24
114
10
Howe Sound Co—
■YY
26
26
.
Jan
Apr
19% Feb
600
.
9%
*8%
Y 26
9%
26%
1%
*1%
>63
—No par
No par
preferred
conv
900
35
35
34%
1%
34%'
1%
*8%
9%
1*8%
35%
1%
Jan
40
68 7«
11
2
500
Y
*68
68%
10%
75
2,900
07%
117
G7%
*114
9% Jun 29
8% Aug
7
166
128
$4
6
'
10
68
*1%
800
17
17
117
*113%
43
6
Mar 11
20% Apr
100
preferred J
Holly Sugar Corp
1% preferred
5,900
44%
%
YY'43'Y.
67%
67%
68%
116
*114
44
63% Jan
160
S per share
108
7
No par
6%
1,500
■.
20% Sep
Hercules Powder
Hollander & Sons (A)
17%
17%
44%
43
17%
17
18 %
17%
68%
46%
.
43
800
Mar 13
No par
1,100
•T7YY
*115
43
45
43%
.
46
*16%
*115
r:
^
,V
22%
46
22%
22%
46%
——
preferred
Hlnde & Dauch Pa^er Co.—
300
99
Motors
200
*122
*22
W)
non-cum
Hershey Chocolate
71
123%
Y
1
9
;—:
(G
1%
Hercules
20
123%
*24%
114
2,600
132
*67%
71
*67%
Co.
Hccht
$ per share
6% Apr 28
2% Jan 28
25
15
25
100
Year 1943
Lowest
Highest
J per share
Par
Hayes Industries Inc
Helme
83
*130
130
130
131%
Yy/.YY.-
Hayes Mfg Corp—
Hazel-Atlas Glass Co
~l6
21%
*80
83
*81
800
74
127
*124
V
?!••:■
*67% Y71
-:'fv
71
.
60
165
21 %
*
20,800
20%
165
21%
20%
23
1.200
■
107
*71%
165
*161
165
*163
74
*71%
74
*72%
74
165
/
6%
6%
107%
21%
21 V#
*72%
*163
•
6%
*106%
a
10634 106% f'
A..:
8
8
7%
7%
8%
7%
8'/a
8%
6%
Lowest
Shares
S p*r share
$ per share
share
s per
Range since January 1
..
.
EXCHANGE
'
LY.
f per snare :s per share
snare
Range for Previous
STOCK
YORK
NEW
for
the Week
Sept. 8
Sept. 7
Sept. <1
Sales
Friday
Thursday
Tuesday
Sept. 4
Sept. 2
STOCKS
HIGH SALE PRICES
Wednesday
AND
LOW
Monday
Saturday
Monday, September 11, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
1090
July
Jun
22
44
102% Jan
Apr
19% Aug
2
12
20% Aug
3
19
'20 V* July 10
9.%
Jan
183%
Sep
4
19% July 17
45
July 27
Mar 15
141
10%
Jan
18
Jun
27%
Jan
32%
Apr
Jan
145%
Jun
6%
6%
135
Jan
Jan
:
16%-May
16% May
J
'
'
>!
i- 7f
Yi.
' '
'
.
*
•'
f
-YY'.
-
x36%
■:
■..
'"t
"
---•
.
--
■
:Y
■
98
.
97
97
'
:
--
•
—
24%
Y
--
•
1.1
t,
..
j..
.
tfV
■
Y
,
■
H
■%.
—
■
-
j
__
H
-
-i-!
'*
r
—
—
—
—
; •
22%'
-
'
—
.
—
—
80
14
13%
13% '
14
21%
20%
20%
ir.400
14
23%
23%
-r- r.200
21%
Y- *20%
Y *121
1.000
25
Y. 25%
23
22%
18%
■;
18
*112
114%
32%
22 V2
"
16
22%
17%
18
112
-112
32
22
*5%
72 *
72
200
"Y
jY ' ,700
1,400
2,100
114%,
30%
39
2.600
Y. 600
22%
*112
Y:
YV
"18
18
Y-
39
22%
-25
22
r"
31%
22
,s
30%
•
*24%
25
21%
114%
22%
-
30%
16
18%
31%
\
9%
30%
22%
•
"9%
~9%
16%
*24%
10
V
31%
13.400
■
i_
'
40
__
■
-J'
-
—
--
—
...
-*'Y
:';l
Yl--'
-r; i-
-
6%
26
*36
—
..
—
'
<
35%
•
40
6
6%
73
26
*8%
...
—
>
72
'
*39
40
.!•
,
72
..
73
-
,>•:
-•
-
26%
*8%;
■-
9%
6
<
,
26
•
9%
35%
22
300
38%
22
,
25%
200
36%
35%
35%
35 V*
35%
9%
87%
86
28%
23%
23%
44%
44%
10
10%
30
9%
,
-
*122
*1%
1%
24%
25%
*9%
85
28%
28%
43%
120%
29
1%
1%
1%
22%
23 %
:
.
.700
.
6.600
1,300
.
124
5
>Y"
Y
29%
*120%
5
1,400
Y; -100
10
,
850
.
<
44
9%
120%
4%
710
;
,
23%
43 3'4
9%
29V4
24%
1%
23
*22
...44
9%
28%
5%
1,000
10%
85
28 V*
23
126
4%
5%
10%
85%
*21%.
29%
.
1.700
84%
23%
10
9%.
29%
124
l:
44%
44%
,
30 %
.
..
-.
9%
28%
*23%
36
28
88
28%
9%
2.200
*300
36
9%
Johns Manville Corp....,
No par
RR stamped—100
Steel
No par
A
100
B conv——.100
84% Feb
15
loo;
Jun
19
70
Jan
90
May 25
78
Aug
&
5%
5%
Joy
pref series
pref series
Mfg
150
5%
5,400
1%
1,600
23 %
1%
23%
Keystone Steel & Wire Co.—No
Kimberly-Clark Corp.—
No
Kinney (G. R) Co.—
J
$5 prior preferred
L
No
Kresge (S S) Co
Kresge Dept Stores
Kress (S H) & Co
No
Kroger Grocery St Bak
No
...
4,700
Laclede Gas Lt
Co
33%
34%
32%
33%
20%
21
20%
20%
20%
20%
*203
41%
42
41
41%
403
8
40%
40
40%
52%'
52%
51%
52%
50%
51%
50%
51%
7%
35
.
7%
*45
46
*80
82
84
83%
32%
a
32%
2,400
20%
7%
7%
7%
7%
*44%
45%
*44%
45%
80
80
*79
81
*79
80
83
83
45%
-
,
81%
81%
82
700
,-.
-
(The)
.
Lee .Rubber & Tire
Lehigh Coal & Navigation Co
Portland
conv
Cement
preferred
i——
Lehigh Valley RR
Lehigh Valley Coal
6% conv preferred
.
Lehman
Corp
(The)
Lehn & Fink Prod Corp
Lerner Stores
Libbey Owens Ford Glass
■*
Corp
Libhy McNeill & Libby
300
.
Life Savers Corp
200
.
1095.
179%
179 %
179 V*
179%
179%
31%
31%
*28%
31%
31%
31%
40%
37 %
39%
37%
37%
38%
38%
39%
page
179 %
31%
39%
see
179%
31%
footnotes
Apr
58
Jap
5
72% Aug 31
66%
J^n
4
87
10% Jan
14
16% Apr
27
Liggett Si Myers Tobacco
700
39%
38%
38%
38
39%
38%
38%
70
-
,
500
Y 1,800
1,000
•'
10
1
,
i—
Lily Tulip Cup Corp
65
Dec
82-
Apr
Apr-
8%
Jan
12%
Jun
21% Aug 18
*12%
Feb
121
25
4
19
4
5%
39% Mar 11
-19'
Dec
29%
Apr
7%
Jan
17-
Sep
Jan
17
Sep
29
14%
Jan
24% May
8%
Jan
16% May
25
24% Jun
26
19% Jun
18
115
29
May 8
9
34
JulV 12
28%
Jan
35%
7
23 % July 11
15%
Jan
20% July
4
4Q% July 31
25
Jan
34
% July
17
7
28
'73
11
102
•
-1%
-
31% Jan
4
3
13
62
Jan 14
Apr 17
No par
50
1
5
67% Jan
' 174% Jan
100
No par
Link Belt Co
Nopar
.
4
10%
31
125%
7%
-
-
13
8
26% Feb
3.
36
Apr 25
37
Jan
6
July 5
July 5
July 6
Mar 21
2% Jun 30
28% July 19
36
July 11
29% Jan
4
18% Jan
5
21%
36%P'eb 14
x43
42
Jan
3 • 53%
6% Apr 24 "
8%
39
Jan
8
48%
68 % Jan
3
- 83%
7
0
25
Lima Locomotive Wks_
44% Jun 26
15% Feb
No par
No par
Apr 24
Jan
3
Apr 26
Jan
7
4% Jan
3
l%Jan 29
8
21'
113
Jun
July
Aug
July
Jun
Jun
21
3
21
20
27
27
86% Jun
26
181% Jun 27
-31% July 10
43 % Mar 16
42% JUn 27
-6% July-
58% July24%
Sep
Jan
10%
Apr
Jan
32%
Sep
Feb
32% Nov
9% Jan
May 31
30
July 12
24% Aug 18
38
10
25
100
50
Jan
Jan
24%
Jan 17
17% Jan 19
Apr
July
2%
•
104
.26
Apr
23 %
36% July 22
9% Jun
•
10
- July 13
36% Sep
1
par
113
18%
7
Aug 31
25.
4-
Jan
34% Jan
26% Aug 29
6% Jan
v
Apr
11%
27% Jan
'
Sep
Aug
10%
6
par
;
19%
127-
Aug 31
17% July
x26
Feb
•
Dec
Jan
'
Feb
22
Jan
"
:i4% Mar 28
54%rJan
3
1
par
Nov
64%
124
3
31 % Mar
■
25
Series B
Preferred
par
par
54
July 10
15% Aug 31
15
-19% Jan
No par
1,300
23,000
:
82%
179%
For
26%
No par
5
Bryant
*
-
Aug
19% Jan
100
.Nopar
.
3,800
.
7%
45%
7%
Y
79
27% July 10
100
-
preferred
Lambert Co
'
34%
95
-
*.4%
Sep
8
3
May
—
Lehigh
July
20% Jan
120% Jun
Df ser B
No par
6% "Jan
Kansas. City Southern
—No par Y.
4 % non-cum preferred-..
100 -Y 19% Jan
17
13% Feb
Kaufmann Dept Stores
1
17
Jan
Kayser (Julius) & Co_—_—.—5
Kelsey Hayes Wh'l conv cl A..
1 ■Y 20 'Jan
Class B—
1 Yf 13J% Jan
May
Kendall Co $6 pt pfd A
No par ;ill
Kennecott Copper—_
No par Y-Y 29% Jun
LRne
92%
10
Co
Kalamazoo Stove St Furn_—
5%
16% July
34
109% Aug
1
Chicago
Jones & Laughlin
-
: 300
9
9
700
-
Y
Y
35%
35%
28%
5%
Y
Y-'.'-'
■
26%
*25%
"25%
-
72.,;
71
35%
86%
124
6
5%
<>«
9
9
*37%
35%
37
99% Mar
•■
'
—
10
preferred.
Kan City P & L
T
32%
9 %
16% Y
Jan
Feb
Feb
'
16
32%
,
9%
26
110
1.300
V
*30
9%
32%
*16
16
38% Aug 28
22
21
500
71%
*71
*121
9%
-
25%
32
*22%
"
79%
16%
*112
Y--
•
Y
33
18%
■'
V
80%
20%
•
10%
'97/8 '
16%
23
■
—
71%
79%
'
YY; 25% :
-
—■
--
-
r
71
*121
*31
:.
Y--
,
—
-
..t—
•
—
■■
•
.
—
••
23
81%
13%
14%
*121 '
■'
23%
24%
72
■72
V<
82
*
*21
-
23%
72%
82
■
81
25
*72
.
■
!'•,
18% Jun
3
Apr
107% Jan
Joliet
1,800
*99
*99
27
100
No par
Jewel Tea Co Inc
4%%
95
94%
95 V*
95
'■
Y.
13% Jan
1
Jarvls (W B) Co—
110%
*109%
110%
,800
36
36
36
*35
1.100
16%
16%
16%
*109%
111%
*99
•;
16%
36%
36
*109%
•5i
98
*99
■
17
17
373/4
lll'A
'
'
'
17%
*109%
'
_
_
--
'
Y-< ;
» ->
:
;
*17
>
35
.• 17%
11%
26%
8%
20
107%
2%
'
H%
24
14%
-23%
- 31
•
5
'30
62
62%
171
„•
Jan
Jan
Jan
Jan
Dec
.Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Dec
Nov
Dec
22% Jan
24
Jan
-34% Jan
16% May
73
Oct
29%
Jun
19%
Jun
39%
Oct
9
Dec
29.
July.
120
July
8% May
2%
20%
32
Jun
Jun
July
22%
Jun
38%
Dec
43%
Dec
8% Jun
41
July
71
July
73%
Jun
182% Aug
28% May
44
May
43
July
-
—A
1091
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4315
Volume 160
NEW YORK STOCK RECORD
1
AND HIGH
LOW
Saturday
Sept. 2
$
Sept. 5
Sept. 4
<■;
j
per share
*
per snare
S
per snare
28
S
share
per
share
per
,,
19%
19
19%
19%
19%
1,800
27
27
26%
27%
2,800
Liquid Carbonic Corp
'
17%
18%
16%
18%
16%
17%
171%
64
63
63%
60%
62V2
61%
50%
50
50%
49%
49%
10%
11%
10%
10%
10%
10%
34%
351/2
34%
35
33%
19% >19%
19%
19%
163
162%
163
161%
Lone Star Cement Corp__
*10%
10%
3,800
35
34%
34%
1,500
Long Bell Lumber A
Loose-Wiles Biscuit
19%
19% ■19%
2,800
Lorillard
23%
24%
84
85
84
*20
30
7%
4 84
130
161
May
25% Mar
42%
Jan
52% July 10
37%
Jan
51%
Mar 21
6'/8
Nov
11% May
18%
Jan
31
Oct
20% July 13
16%
Oct
21%
Jun
6
148%
Jan
163% July
18% Sep
1
12
3
8% Jan
36% Sep
3
Jan
28
17% Apr 29
—10
L-100
1
Sep
163
Jan
64 Viz July
Jan
2,300
1,000
5
20% Jan
12
24'% July 14
15%
Jan
22% July
100
Louisville Gas & El A
•84%
Jail
No par
preferred
24%
83
69% Jan
3
90% Mar 17
59%
Jan
79
July
29
May
Louisville & Nashville—
■%
21% July
21% Jun
Nov
29
'
4034 Feb 24
par
25
1
Co__
(P)
par
No
24
24
23%
85%
24'/8
*160
162
>X160
24%
*85
No par
2,400
Jan
12%
1
No
49%
*
15%
5
7
58
12%
July 11
68% July 10
13
.14% Jun
Loew's Inc
3,200
x49
X191/4
r
Lockheed Aircraft Corp__,
21,300
62%
50%
.I'
17%
63%
4
19% Jan
1
:
$ per share
22% May 17
18% Feb
No par
—No par
Lion Oil Refining Co
27%
Highest
$ per share
$ per share
$ per share
Par
Shares
..
Lowest
Lowest
EXCHANGE
19
>
•
S
per snare
Tear 1948
Range since January 1
Highest
STOCK
YORK
NEW
Sales for
the Week
Sept. 8
■>.
4
27
■20%
20
27 V2
Sept.
6
.
Friday
Thursday
Wednesday
Sept
Range for Previous
STOCKS
SALE PRICES
Tuesday
Monday
t.«
151
1
M
»oq
*139%
149%
*139%
41%
29%
*139%
149%
30
42
106
106%
15 ms
15%
15%
15%
15%
15%
16 %
16%
15%
16%
15%
15%
106
106
106
8%
9%
9
13
24 %
24%
23%
23%
22%
1,500
8%
8%
12%
231%
900
Mandel
3»A
7%
7%
7%
7%
7%
18,900
16%
17
16%
16%
16%
17%
1,000
16%
17%
16%
16%
16%
16%
16%
161%
5,200
17%
..>-17%
17%
4,400
9%
U' 9Va
9%
9,400
43%
431/4
>43'A
1,500
3%
17%
18%
18%
10
45%
8%
9%
43%..
27%
*27
17%
18%
9% >
10%
45
7%
43
44%
22%
21%
22%
20%
Xl73%
173%
173%
173%
173%
60
9%
59
,
9%
*31 %
18%
54
■
i::
181/a
54
*52%
53%
53
53 A
1,300
24%
23%
23%
24
24%-
3,900
103%
*103%
103%
18%
-11%
100
*99
100
*86%
14
1,000
Mead Corp
86%
86 %
.',86%
35%
35%
35%
35%
35%
35%
600
13%
4,400
51 %
430
34
700
14%
50%
51
35 %
32
33%
34%
35
34
13%
51
51%
50
v
51%
35
13%
13
13%
13%
50%
,
•
33
34
34
33%
34%
*32
33
•
2,400
34V4
f
6%
6%
6%
6%
6%
25 %
24
24%
24»/«
24%
241/2
24%
37%
37%
37
37
35%
35%
6%
7
6%
132
132
50
50
50
40%
38%
39%
*48%
50%
50%
35%
40
40%
*48%
*168%
111
*110'%
111
*108
108%
*108
108%
3
3%
3%
7,200
100
105 '
18%
2,500
19
4,500
3
2%
3
10
7%
.7%
<
*103%
I'v.i: 27«
3%
■
:
7%
18% Al 8%
19%
.'19
19%
-
111
A 108%
*108
105'
*103%
105
*103'%
104%
2,200
*110%
108%
7
7%
7%
8
7%
104%
19%
III
*110%
108%
mo%
200
40
13%
12
13
11%
12%
12 V8 A 12%
16,700
13%
37
36%
36%
36%
36%
400
*36
37%
20%
21
20
20%
87
*
37%
87%
83
85
*117
117
83
119%
119%
*118
112%
112%
51%
x48 %
A
37%
10
50
37%
12,100
50
49%.
49%
38 %
49%;
70
113 'A
*112%
*37%
:
/
120
38%
1,200
117
113%
52
51%
*37%
83
117
*112%
113 %
*112%
83%
v
*117%
120
*117 %
19%
83%
1,100
20
20
19%
*117
38%
*37
100
&
25%
25%
25%
3,200
22
22%
2,800
23%
21
22%
23%
23%
Motor Products
21
21%
20%
21
20%
20%
20%':
20%
1,600
Motor
21
31%
32
30%
31%
31
31
97
98
32 %
32
9%
10
9%
97%
96
21%
78%
*76
78%
*50
52
20%
20%
20%
77%
*75'/a
77%
*75%
77%
13%
-
*50
51
*50
$7
-v
preferred
100
(G C)
4% % preferred
Murray Corp of America
Myers (F E) & Bro
11.900
;
*
%
m
15%
15%;
•.
*
16
15%
15 a;
.
%
15%
*32%
18'%
17%.
17%
17%
17%
11%
11%
10%
11%
10%
10%
11
12
12%
12
12%
12'/a
12%.
12%
12
12%
12
12
*32%
33
■
:
L-\' 12%
12%
12%
•22%'
23
22%
*173
176
*173
'
:*19%
19% 1
19%
19%
13%;.
12%
13%
32
21%
22
12% 1.12%
12 W'
12%
24% •24%
24 %;
24%
33%
18%
*11%
33%
34%
32% i 32%
7
•••
t-
93 %
24
,
i-
12%
93%
24%
*176
24.
:
7.400
..
18
18
12%
32
21
19%
20%
33
*32%:
*150 A
6%
6%
67%
68%
66%
-
153
23%
>
*151%
*30%
:
>
'
it
-
180 f
*151%
153%
18 A /T8 f " :
....
32%
32%
6%
6%
6%
»*
■
t-
66'/*
141/4
14%
26%
26%
•
87%
85
85%
93
92
9?
9%
91/4
9%
10%
10%
10'/a
16% ;
16
16'/a
16%
*28%
291/4
*28%
16%
101%
*101%
64%
*64
-
1011/2
64
IOI1/2
-
3.900
10%
16%
'
*101i/2
64
64
->.
29 r
:
102%
'
40
.;
641
3.900
100
!
200
30
*107%
29%
281/4
28%
28%
29
28%
18%
171/4
17%
17%
17V8
3,300
17 y4
15
14%
14%
14%
14%
3,300
106
*105%
*107%
•
18%
'
15
14%
*105
107
106
46
65
3,800
19
'
1AQC*
103
50
<
30
29%
14%
28%
420
108
108
108
—
*28 %
1,400
9%
10%
16
93
,
9%
10%
*63%
no wo
'
-19%
101%
coo
*91%
8,000
.
85%
84%
9%
29
'
14%
26%
871/4
16%
3,100
13%
86
9%
'
66'A
26'/4
15
27
29
waIOC
v
10% ?' 10%
.£184..
n.sZ-
66
6,100
65%
14%
93
6%
6%
A
A 300
33%
46
45
108
45%
*107%
43
108
-
110
43%
■
*105%
*45%
110
4
1
f
46%
1,700
500
1,000
Co
-
May
18%
Jan
Apr
7%
Jun
31',2 May
Jan
32
19%
1
43% July
22
20
Nov
July
27% Mar
Jan
176
Jan
60
110% Aug 29
100
Aug
Sep
Jan
21%
Feb
36
Jan
110
12%
Jan
13
1
Oct
Sep
22% Aug
Jan
17%
Sep
Jan
113%
Oct
.11%
104
112% Apr
a; 32% Sep
' Aug
Sep
7% May
2%
28% Aug 21
Jun 28
21
19%
Jan
29
19% July
6
8%
Jan
Sep
16% May
55% July
6
38'/4
Jan
50%
Apr
25% July 10
14%
Jan
25%
Jun
~6%
Jan
11%
Aug 11
104
13% July 10
101
Feb
~6
9
Jun
114
Sep
115% Aug
19% July 20
Jail
10%
Apr
67%
Jan
89
Feb
July 26
37% July 8
15'% July 11
60
Jan
78%
Sep
27
Feb
Jan
34% July
12% July
52% Aug 22
25
Jan
42
39
23%
Sep
July
32% Mar
26
Jan
34%
Apr
5%
Jan
9%
Apr
:
28% July 10
18%
Jan
3038
Sep
,
39
A
20%
Jan
31%
Jun
IO6V2
Jan
128
11% July 10
100
8
Sep
87
4%
Aug 10
35% Aug 22
3
Jan 3
May 20
74% Apr 25
lli%May22
114'% May 17
107'% Jan 5
41% Apr 26
35% Jan 11
-.
3
5
8'/4 July
5
Aug 23
132% Sep
8
5
,
-7
19
28'% Apr 5
5% Feb 7
July
58% May 29
5
42% July
15
107
Feb
110
Mar 17
107
Nov
113%
Feb
3
Jan
8%
Jun
IIO1/2 Jun
112
108% Jun
9% Jun
23
Jun
30
64%
23% July 10
Apr
-5
Jan
98
July
13%
Jan
25
July
4% July
5
%
Jan
16% July
8
26
3%
Jan
11%
Apr
17%
Jan
30%
Nc?7
111
39% Jun
3% Mar
23% Aug 11
75% Dec
87% Sep
5
Jail
24
117
Dec
119
Mar
Dec
121
Apr
106% Nov
Aug 29
113
Jun
92%
113
116%
7
119% Sep
114% Aug
50
July
39% Oct
52
Sep
1
33%
Jan
40
July 14
31%
Jan
30
July 15
27
13
Jan
27%
9%
Jan
17
July 10
11%
Jan
18%
24% Jun
.23
Jun
Jun
Apr
21% Jan
33% Jun 28
31
Jan
7
■
Jun
-
Jun
2%
10% Aug 17
Mar
53
Jan
77
3
15
Jan
23%
Aug 17
116% Feb 24
62
Apr
79%
111
July
98
Sep
'6
24% July
79
50% Aug
% Jan
Jan
11% July
Jan
44
% NOV
10
6%
5
Jan
37% July 20
19% Aug
1
23% Jan
July 10
5% Jan
13 %
13
July
Feb
8%
19
Jan
15% Jan
23% July 12
176;
Dec
8%
13% July 12
12% Jun
Sep
Aug
34%
1
.'17% July
Jun
117
5%
14% Aug 24
'A
A Mar 30
11% Apr 24
1—*-4 •
National Power & Lt
No par>
National Steel Corp—
—25
* 57% Feb 5
National Supply (The) Pa—!
10
-11% Feb -4
$2 conv preferred-—i
^.—40 <•
25% Feb -8 ,
5%% prior conv preferred!—-10'
79% Feb 4
6% prior preferred
>—100
-83% Jan 6
National Tea Co
No par
6% Jan 3
Natomas Co_.
No par
9
Mar 4
Nehi Corp
1
No par ■ , 13% Jan 3
Neisner Bros Inc
-1
22
Jan 4
4% % conv serial preferred—100
96% Jan 12
•Newberry Co (J J)No par
56
Jan 4
5% preferred series A—
—100
107% July 13
Newmont Mining Corp-,.
.-10
27% Apr 4
Newport Industries
1
16% Apr 24
Newport News Ship & Dry Dock
1
13
Jun 8
$5 conv preferred
No par
97
Jan 5
New York Air Brake
No par
35'% Apr 25
National Oil Products
•
33 y4
•
1,000
20 A"
20
20 &
July
24
1
11% July 10
44
July 10
8'% Jan
-National Linen Service-Corp.—1—1-18
-Aug
Nat Mall & Si'l Cast Co
No- par" ' 17% Apr
X17
Dec
37/a
9
Jun
60
13% Jan 3
9
Jan 8
10% Jan 31
9% Jan 4
20% May 18
7% preferred—
—100 ,, 165- Mar 1
Nat Bond & Share Corp
No par- *" 18
Feb 17
National Can Corp—:
»-10
8'AJan 3
Nat Cash Register
No par" >26 Apr 18
National Container—
i
1
12'/4J&n 17
National Cylinder Gas Co
—»_1'
xll'AFeb 11
Nat Dairy Products
No par- ■ 19'% Jan 3
National Dept Stores-;
a
No par A 13'/4 Jan 29 '
6% preferred
l
l
—10 ■) -11% Jan 5
Nat Distillers Products
No par
> 3oy4Feb- 3
Nat Enam & Stamping
No par A 26
Jan 25
National Gypsum Coa—-—_—*.^-1 >
-9
Feb -5
$4.50 conv preferred
No par
87'/4 Jan 11
National Lead Co__—
—>10 I >19 Jan 7
■1% preferi'ed A
:——-100 ."< 3 64 Feb 25
6% preferred B—
1100V> 141 Jan 18
•
*31%
66%
500
.
Jan
14%
37
Sep ~6
Jan 13
Jan 4
Apr 4
Jan
Jan
Jan
9%
165
29
20
28
3 Va
1
Apr 25
I
4% July
6% July
9
•>■■
May 17
22% Sep
5
3
■
Jan
176
,6% Jan 19
'
Sep
Apr
1%
11% Aug
•
;
120
*176"
18
26"%
93
340
6.500
153
15%
93
93%
176%
27
87%
f"-
13
93%
93%
27
— -
-
7.400
12%
23% ••241/8
A
15
i
32 y4
V
700
•
'
12
19%
51% May 17
15'% Jan 3
:-5
16% Jan; 7.7
—-.l -A 26'% Apr 19
—-1
•' 4'% Jan
4
No par A 72
Jan 4
No par•
20 Aug 12
No par
70 May 24
lOOr 112'/4 Apr 11
a
Jun
8%
Jan
Jan
29
,
7.500
23%
18
> *19%
J
33%
33%
12%
•
A
2.400
33%
176
18
.
23%
1
•
AA.18'/» ;. 18%
12'/g
;*11%
18%
93%
••'•:■ 180
150
•;
24%
33%
1 A
i
4,200
*11%
94%
>23%
13%
6%
•
2,300
21 <
12'/e >12%
;
12%
93%
;
2.700
32 <
31%
180
33
9.300
21
32%
18
■
■
13%
12%
32%-
•
20%
'■ 4
>•- 300
21'
.•18
..;
*176
'r*i~
'■
.
12%
*150
">•
.19%
/A 13%
32%
'
23%
18%;,
34
124%
v
A * 200
■
20%
,31%
'
13%
13%
•
8,100
32%
•'
19% .19%
34%
1.900
*191/8
A
"
*11% I 12%
7
1.700
>
12
33%
22% 122%
33%
•
175%
12%
12%
22%
21%
173 W 173 A
22%
X22 %
*173
11'/«
"/
2.000
A 4.300
'
13 ' «
t:
14%
14
23 %
175% ::
10
A
17%
17%
"
19%
*19%
(
33 :
26.400
33
*32%
33%
18
33
N
Mar
6%
>20% Mar 27
17% Feb
2V4 Jan
Liquidating Co
Dec
24% Mar
3% Jan
8% Jun 27
5
8% Jan
43% Jan
15%
320
14%
17% July 10
93% Jan 13
—10No par
Jan
5
Aug 10
21
21'/4 Jan 11
No par
Nash-Kelvinator Corp—1—^5
Nashville Chatt & St. Louis
100
National Acme. Co
—1
Nat Automotive Fibres Inc—1—^1'
8% conv preferred
—10
National Aviation Corp
5
National Biscuit Co—
—10
Nabco
100
A.
to
15%
n
U
iff ,'0:
-
Murphy Co
51
-
Co—
Munsingwear Inc
../
f
Brass
200
-
13'/a
12%
13
12%
52
115
*114
115
*114
Corp——
Mullins Mfg Co Class B
A
160
94%
20%
' 115
12%
14%
13%
*50
•
*114
115
*114
9.500
9%
■
93%
95
21%
*20%
*21 %
91/4
9%
8%
95
Mueller
800
,
Wheel
5
4
107%;May22
No par
Corp—
9% Sep
36 XU Apr 26
105
Mar 13
108V4 May 22
50
Essex
26%
24%
Morris
24%.
;
par■
1st preferred
Nov
Nov
24% Sep
Apr 27
Feb 29
6
24
27>/s
II6V2
46
5
10
Steel Products—No
cum
27
26%
5
i—100
Minneapolis & St Louis Ry„No par
Minn-Honeywell Regulator —
_3
4% conv pfd series B
-100
4'4% preferred series C
-100
4%, preferred series D_,——100
Minn Moline Power Iinpl
1
$0.50 preferred
No par
Mission Corp
10
Mo-Kan-Texas RR
No par
7% preferred series A
—100
Mohawk Carpet Mills
20
Monarch Mach Tool
No par;
Monsanto Chemical Co
i—10
$4.50 preferred ser A
No par
Preferred series B
No par
$4 preferred series C__
No par
Montgomery Ward & Co
No par
Morrell (John) & Co
No par
8%
*108%
*108%
*108%
51
39%
1
—50
15
315
13% July 17
47
Mar 20
21% May 1
97 > Apr 18
10
Feb 9
109
Aug 31
16% Aug 8
8
Jan 3
82
Jan 4
70
Jan 3
,311% Apr 28
8% Jan 4
37
Jan
4
25
Mar 1
27
Jan 3
No par
10
21
18% July
109% Feb 23
27
14
5
5
Jun
16% July
391
321% Mar io
I06y2 Mar 7
19% Jan
5
16
Jan 13
1
Copper
Mid-Continent Petroleum
Midland
,
July 23
107
14
25'/4 May
—10
Miami
230
A
'
40%
35%
132%
30% July
-5
Machine Co
Mesta
5,700
500
131%
132
132
132
131%
.
conv
Merch & Min Trans
1,600
25
>
5%
Jan
1—18
No par
1
—100
-
(The)
1st preferred
Co
Co
Mengel
19%
No par
Melville Shoe-Corp.
■
Jun
38% May 27
No par
No par
preferred series A
$5.50 pfd ser B w w_
$6
86%
37%
19% May 2
170
Mar 2
: A 52% Feb
4
A
4J/2 Mar 6
No par
No par
No par
*
1
100
Co.__
Mfg.
McQuay-Norris
10
89%
'
preferred
4,300
100
20
35%
Stores Co
conv
11%
11
100
*86%
89%
35%
6%
17%
*17
II
*99
preferred
McLelian
70
110
100
10%
11%
10%
17%
17%
17% i: 18%
18%
11%
$4
900
12%
12%
110
109
109
Mclntyre Porcupine Mines
McKesson & Robblns Inc
400
44% July 10
1
No par
Co
McGraw-Hill Pub Co—
104
103%
.
12%
12%
12%
110%
*109,
110%
*99
*17
preferred w w
conv
McGraw Elec
600
18%
12%
12%
1.2%
32
*17
103%
104
*109
32
:
:31.
'31
18%
52%
24%
'
nc3%
116
32
31%
■
*17
54
24%
5%
*111
Corp
McCrory Stores Corp
900
19%
191/4
19y4
116
*111
preferred
preferred
McCall
1.300
28
28
Nov
Jan 27
_1
10
$6 1st cum
24
32%
*17%
28%'
19%
19%
116
*111
116
Maytag Co
$3
.
100
7%
400
41A
138%
Jan
18% Feb 24
2'% Jan 19
6% Jan
3
• -12% Jan
5
A13% Apr 27
; 16>/4 Jan
3
„478 J all, 3
37 V* Apr 4
No par
Wks
preferred
May Department Stores
2,600 A
97/a
-
Alkali
Mathieson
1,000
591/8
9%
I
*1101/4
>
28
28%
19%
19%
19%
70
*38Va
41
*38
*110%
28%
28%
28%
mi
40%
*110%
1
Master Eiec Co
2,600
59%
9%
%
9
9%
40%
10
40%
39%
*110%
'IT 731/4
59 v'r:j
59
59%
100
21%
21
21%
173%
60
27 %
177;
*26%
x213/4
::
-
27
27
27%
*27%
3%
3%
3%
3%
July
28
io% Feb
25
1
Marine Midland Corp.
5
Market St Ry 6% prior pfd___-100
Marshall Field & Co-—i
No par
Martin (Glenn L) Co
1
Martin-Parry Corp
No par
Masonite Corp
No par
1,400
7"%
17%
3%
50
1
Maracaibo Oil Exploration
7%
3%
133
No par
Bros
Manhattan Shirt
'
17'a
"
;—10 A
Copper
Mahoning Coal RR Co_
Manati Sugar Co
400
23
%
Co Inc
1—No per
pfd series A
1C0
Madison Square Gardentf© par
Magma
29% July 21
139% Aug 11
Aug 1
Jun 6
Jan 12
A14% Jun 9
315
Jan 21
6% Apr 24
-
4%%
11,200
12%
23
-
600
;•>
.
405:
*350
8%
13
13
A '
16
16
405
8%
9%.
13
*12%
13
*350
405
*375
405
»375
1,000
16
*15%
No par
Jan
20%
6
Feb 21
25% Apr
135
34%
x26%
104
14
Macy (R H)
14,800
106
106
10
100
preferred
Mack Trucks Inc..
800
'V:
28%
28%
28%
X28%
V 106
30
42
42
6%
Forbes
&
MacAndrews
100
29%
41 %
42%
30%
29%
149 %
*139%
149%
43
*42%
29%
*29
29%
162
8
Jan
16% Nov
Feb
1%
Feb
15%
Jun
40% Apr
19% Apr
111/4 July
12% July
13% July
23
July
176
Sep
21%
Jun
'20% Jun
19
17% Apr
18
5%
Jan
10%
Sep
33% Aug 31
18%
Jan
29%
Dec
23% Aug 21
10% Nov
13% July 10
9%
Jan
24% Aug 17
14%
Jan
3
6%
Jan
20»
Aug
13% Aug
14% May
21% July
15% Sep
: Mar 15
91/4 Mar
12
Dec
37% May 24
x25% Jan
36
Dec
-•12
,
33 % Jun
17%
14
,25% Jun 27
Jun
11%
Jun
90%
Nov !
20%
Dec
Sep
I
14
Jan
160
1
Sep
Jan
Jan
178% July •'
137
179% Aug 21
151.
29%
6
5
14% July
100
Jan
70% Jan
26
Jan
150
Jun
22% July 17
23
Jun
27
14%
Jan
22
May
34
Jun
28
27
Nov
36
Jan
7Vk Aug 10
July 20
17% July 10
30% Mar 16
70
89% Aug 18
93% July
7
10% July 20
11% July 12
July
101% Jun
52
5%
Jan
64% July
Jan
15% May
14% Jan
28%
Jun
57
Jan
801/4
Jun
62
Jan
88
Jun
2% Jan
7V2 May
6
Jan
10%
9%
Apr
19 % July
Jan
25%
Oct
13
74%
Jan
98%
Nov
37
Jan
57%
66
Jun
23
Jan
22
106% Mar
32
July
5
26%
Jan
22
July 10
10%
Jan
16.
July 12
12
Dec
Sep
Jun
Jan
Jan
5
110
106
7%
16
18% July 11
31
2%
6
50% Aug 22
94% Nov
271/2
Jan
114
37%
19%
Sep
Aug
Apr
Oct
21% Mar
102
May
44% May
Monday, September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1092
NEW YORK STOCK RECORD
Monday
Saturday
I
per share
per
per share
*
share
Sept. 7
Sept.«
Sept. 5
t per
'
t per
snare
19'/8
17%
18%
17%
18
28
24%
26%
243%
25%
82%
26%
87
80%
83%
83
26
25%
25%
25%
26%
17
16%
163/4
*14%
16%
38%
37
37
*35
170
>165
17
*15
'37
38%
*37
15%
15%
200% *
199%
116%
116%
19%
18%
130
18%
15,200
18%
55%
X55
55%
54%
55
900
x53 %
53%
*52%
54
300
15%
1133/4
113%
1133/4
*113%
28%
27%
27%
47 '
47
47 *
28%
6%
53
52'/a
2,000
46%
90
<
6%
1,700
>
*6%
6%
"
;
30
*52%
54
13
*12 3/4
13%
13
13
13
16%
173/a >
56%
16%
16%
16
16%
16%
16%
54
56%
53%
54
53%
53%
10%
9%
10%
10%
1,100
10%
56
.
Oliver
7,900
Omnibus Corp
■
103/a
10%
:
11%
24%
24
•
75
*72
"'60%
,
;
.
conv
Oppenheim Collins
900
•
5,100
Otis
No par
Jan
28% Mar 14
74
*72
60
>
'—
'■
74
59
■
preferred
6%
Pacific Amer Fisheries Inc
May
13
Dec
3 2 5/a
Dec
Jan
6%
Jan
1
16 3/4
Jan
19
198% Jun
15
63%
Jan
Jan
;
54•
-.
26% May
3
July 25
19% Mar 11
28 %
12%
4
443% Sep
23
.
-
132
Nov
Jan
77
3
-
206 % Aug
8
38
113
19% Aug 21
93/4
Jan
Jan
26
55% Aug 25
49%
Jan
51% Jan
27
54
487/a
52
122
Feb
2
Aug 22
'
7% Jun"
,
9
Jan
4
Xl3% Jan
3
100
8
9% July 10
104% Aug 30
18% July
Jan
31
1153/4 Apr
17% Jan
15
1
47
4% Jan
3
7
40% Jan
12
107
X28% Aug 17
37% Feb
73/a
112
12% May
24
16
Jan
56
Jun
14%
Apr
101
Dec
Jan
18% May
Jan
116% July
15%
Jan
23% July
Jan
41 Va Aug
6
31
8%
27
Jan V' >
Jan
July
45
x3% Jan
5
52% Aug 17
a,
8
Jun
Jan
Nov
36
Aug 18
July
Nov
18% July
56%
v
91% Jan
-
6
Dec
July
122
Jan
10
Dec
192 %. July
162.% Jan
18-
29
15% Jan
Apr
14%
Oct
20% Mar 22
11%
Jan
21% July
Feb
8
'
58 % Aug 18
29%
Jan
503/4 July
8% Apr
18
-
11% July 19
3"%
Jan
99% Aug
8
16
>
Sep
45
•
7
105% Jan
'
69
10
3%
1
14% July
8% Jan 18
18
Apr 19
15%
24% Aug 28
147
May 10
31% Apr 26
64
12.50
Co
Glass
Owens-Illinois
26
143/8
3
116% Jun
No par
Outlet Co
1,700
:
74% July
18% July
•183% Jan >3
5:
1,100
"
59
May
26% July
42% Jun
33% Jan
100
Outboard Marine & Mfg
200
42
42
/•,'.
3
14% Jan
10
Elevator
Jan
31%
22
Jan
6
100
—
11
97% July 10
Jan
153
73
Jun
Jun
Jan
154
Sep
38
Apr
Jan
673/4
Jan
64
28%
Aug 18
64
■
21%
Jan
Jun
54 %
Aug 25
8
55% Feb 29
Dec
Dec
10"%
Jan
Jan
142
Mar 30
43
10%
105
Jan
46
1
42%
59%
60%
23
'
*153%
*72
75
72
.
603/4
603/4
22%
>
42%
44
*42
44
23
11
Farm
8%
220
102
*103/4
>;
>-*153%
*153%
*42
10%
22%
23
>.'•
103/4
11%
11%
23%
11
153%
100%
102
100%
103
103
103
103
Equipment
(The)
preferred A
2,200
!|
32 % July 20
27
52
No par
No par
Ohio Oil CO—
21,300
•
93/4
20
10% Jan
213/4 July 20
4
3
Jan
Northern Pacific Ry
:
100
Northern States Pow $5 pfd.No per
Northwest Airlines
No par
Northwestern Telegraph
50
Norwalk Tire & Rubber
No par
Preferred
50
Norwich Pharmacal Co
2.50
20,100
I per share
-
Jan
-129
50
Northern Central Ry Co—
240
27 i
52%
L>
13
.
113%
*45
463/4
52%
10,200
;
15%
■27 ■>
263/4 »
-
6%/
6%
52%
6 3%
6%
*52%
114
26%
*45
8% >•
>
113%
14%
14%
t pet share
11% Jan
No par
—80
N Y Lack & West Ry Co
100
N Y Sl.lpbldg Corp part stk
1
Noblitt-Sparks Industries
;
5
-Norfolk & Western Ry100
Adjust 4% non-cum pfd
100
North American Co—
10
6% preferred series
50
/> 5%% preferred series
50
; North American Aviation
-1
143/4
*104
*104
106
14%
16
8%
8%
8%
8%
8%
♦104
106
*46
760
-
54%
83/4
8%
15%
113
1173/4
55%
54%
'104
1,300
44:!4
200%
*53%
55
55
>> '53%
19»/«
490
18%
117"
19%
i
24%
J "per share
3
Jan
Highest
Lowest
30% Jan
>
N Y & Harlem RR Go—__——
1
/'■ 2,800
15%
€2
preferred
$5 non-cum
20
199%
200%
116%
18
72
•
-
100
i
44%
199%
117
'•>'
•
"
»116a/4
44
2003/4
200
'1163/4
u;
42%
42
42
42
42
*71>
15
147/e
' 15%
/ 15
15%
/>
71
71.
72%
71%
73
72%
*165
170
*165
174
170
38%
170
•
6% preferred series A
N Y City Omnibus Corp
New York Dock-:
1,100
200
1
//.
•
15% Jan
19% Jan-"
No par
100
100
No par
No par
Co
N Y Chic & St. Louis
4,500
Year 1943
?
Highest
share
I per
Far
Central
New York
2,000
-
83%
25%
87%
26%
*16
Lowest
'•> •>:*'.
•>.'
-
•
55,500
25%
*25
Range since January 1
*
EXCHANGE
>•<
Shares'
18
17%
183/4
:
the Week
*
t per share
share
27%
*86%
Sept. 8
Range for Previous
'
NEW YORK STOCK
for
Sales
1
Friday
Thursday
Wednesday
,
'
Sept. 4
Sept. 2
t
Tuesday
.
STOCKS
HIGH SALE PRICES
AND
LOW
19
Oct
July
«
iH
.-3
ifl
-
>>>>/
*10%
.
MM
M—
37%
39%
*38
;
193/a
20
20;
■
—
53/4
162
162
163
7%
/.
15
34
63/4
15%
32
6%
5%
315/«
14
14
13%
13%
13
48
47
47%
46
46%
110
--
■/"•
;■*
5%
52.500
V
*10*
110
5.60%
170
110
4%
,
}
Jan
19% July 17
Jan
11%
Oct
105%
Jan
113%
July
2
Jan
4
July
109% Jan
2% Jan
Jan
10
106
23% Jan
27
29% Sep
8
1.800
Park &i Tilford Inc ex-privilege___l
3.900
Parlt
30
3.000
Parke
21%
22
8
22
*21%
22
>;
*21%
22
7%
7:/V 7%
7%
7%
7%
15%
"15%
16%
16%
*56%
57%
56
102%
103%
> X102
102%
1.000
18
18 3/8
6,600
57
103%
105
103%
18%
19%
17%
18%
14%
14%
14%
14%
*13%
4%
4%
4%
3%
4%
57%
55 3/4
553/4
4
57%
59
*17
18%
*17
111
111
•105
17
18%
29%
29
293/8
243/4
243/4
*24%
243/4
63%
62%
63%
13%
28%
55%
24
123/4
>'
19,300
700
63%
1.000
800
13
13
56 3/4
57%
28,500
13%
m
13%
1.400
56
54%
13%
56%
14%
76
"
50
76
74
74
*73
46
13%
75
:■
9
47
48%
44%
*44%
45%
26%
*26%
27%
26%
263/4
7%
7%
7%
7%
7%
8%
83/4
8%
8%
52%
22%
50%
<
51%
50%
51
213/4
22% >
22%
21%
22
53%
53%
102%
102%
20% *
19%
19%
19%
25%
25%
253/8
25%
253/o
25%
102
Petroleum
Pfeiffer
Jan
19% May
6% May
/
Nov
29
/
58% Jun
51%
Dec
80
Jan
13
Nov
1,800
Pfizer
Phelps-Dodge
533/4
53%
103%
190
19%
4,400
25%
1,100
$1
19% Aug 31
9% Jan
173% July 14
2% Jan
No par
37% Feb
No par
100
1
100
100
*118
ft
1193/4
*110
1193/4
*118
119%
4.4%
34% ;
32%
34 s/8
32%
33%
^f33%
34
7,500
93%
94
92%
92%
91%
92
.'■'*91%
92%
1,600
109%
110
*109%
110
*109%
110
.110
110
113 %
115
;
*113%
115
*113%
115
*113%
115
'
*110%
*12%
*110%
14%
43%
•
*12%
115
13%
43% ;
13% r
*12%
25
253/41
24%
*105
135
'
I
.?
43
78
;
v
4
}■
8%
8
*86
64
65%
8%
J
.91
47
.
7%
18%.
;i2%y
V. 17 % :
*77
•23%;
10% :>10
56%
56%
65
Pittsburgh Coal of Pa_
6%' preferred.:
;
100
100
Pitts Coke & Iron Corp
;
s
65 '
1,400
" '8%
1,200
79
; 79
•
■
i
7%
90
V-
5,300
7%
1,20.0
46%
47
1,580
60
59% >59%
140
19
18
18%
19%
» '•/
-
>
78
»
11%
12
77-
•
17
17%
17
23%
*23
11%
77
46%
*74
17%
934 ' 10
:M3%
.14%
*13%
14%
*13%
43
56%
43%
56%
119%
56%
<1117%
16%
17% ..'17%/
16%
17%
98
98%
98
-
56%
117%
16%
98%
42
56
■
Pressed
14%
5%
56 %
.
117% '117%
16V2
700
' 163/4
370
105
.1053/4
108%
109%
109
109
108 Va
1083/4
117%
118%
117 Va
117%
117% >17%
710
117%/ i
50%/ <
117
117
117
116%
15%
16%/ ;
see
puge
1095.
47%
153/4
113%
•
113%
1083/, ■
23%
X
-
x
•
pfd
<ser of Feb 1
47% ." 47%
13,500
15%
15%
15%
27,900
Pure Oil
1133/8
113%
*113 %
200
107 %
Xl06%
106%
22%
22%
22%
107
'
22%
107%
' 22%
600
1,500
:
$52
2
—..100
L100.
—_100
No par
No par
No par
S%
cbnv preferred
BokeHp*
m
'
!
7
9% Jan
10
12
23
>
52% Sep
Nov
37
Jan
68%
Jan
26
118
*51%
>
Sep/]/
91%
Sep
-3
183/4 Aug
22
Dec
July 28
24% Oct
25% Sep
Jan
r
;
/
28
July 10
94% Aug 21
133/4
37
7
jan
110
July 12
71
Feb
104% Nov
115
Aug 15
109%
y
73/4
16% July 14
Jan
26%
Jun
zi
Jun
90.%
;
1
113
July, >
1173/4 Jun /
-
14,// July
Feb
f:
79%
Jan
42%
Nov
14% July 15
3%
Jan
10%
Dec
■
July 11
18%
Jan
26
May
<
Jan
102
Jan
113% July 13
T 48% July
28
8
100
50'
July
>
Apr
>
r;
.
Jun
75
Feb
21
10
July .5
80
May .5
3%
29
>■'7%
Apr 18
Feb 25
34%
■
5
Jan
Jan/
•7% May
•
68%
9
>
Dec •:
Mar/!
77% Jun >
i
59
9%
Jan
15% July 10
Mar .4
168%
Nov
May
168% Nov
190
Aug 22
170
Jan
182
4
Jan
9% July .5
4%
Jan
10% May J
Jan
10
59%
Jan
90
'.61% Jan
10
24
Jan
52% May
r66% July .5
56
Dec
75
■
6% July
.
/
.
3
'
99
:
Mar 25 /
3
:
3
i
150% Jan
I3/* Jan
20
Jan
,>4
Jan
.
.
18% July 10
July 12
6%
168
s
Aug <'!
f-
Jun
July
Mar
16% Mar
>
,
.
?
I
Nov 1 ?f
l63/4 Dec,?
74% Dec ; f
21% July
23%
Apr
,
■■
,13
Jun >
13% May : |
13 : Jun /.
40Va
Jun
58./ Sep
123
Jan
i
t
Feb
i»
17%
Apr
j
96%
Oct ",:
107% July ■■■{
965/a
Jan
114% July '/
108 %
Nov
129% July
i
122
'
113% Nov
Aug
263A
40% July /
Jan
19% July
Feb
114% July
j-
92%
Mar 22
Jan
11
52% July 10
Jan
107% July
.<•
13%
Jan
104%
113% Aug 25
107 % Aug 14
r 243/4 July 17
Jan
inK'fm
85%
Feb 15
15
6%
i'/ 153/e
■
7tYs Jan
Sep .5
Apr 13
Apr 10
193^ jan' 14
I
6% Jan
llSaJ^n
100
18
Jan
14% Jan
18
14% Aug 18 '■>
45% Aug 16 .-<<
59
July 19
120
Jan 12
■
105%
110
119%
1193/4
Feb
7% Jan
22% Aug 12
.6
15 >
52% May 19
Jan'
Feb
171
Jan
4
Jan 25
Apr
3
Jan
3
Apr. 25
Jan
3
Sep
7
May 3
Jan
6
11% May 17
:35% Jan 10 /"
103
8% Jun
29% Mar
20
4
23
109% Jan-: 12
•
26% May /v.
10% July j
Jan
5
21% Jan
V lib%. Apr 28
~ '37% Jan
3
" 15% Feb' 3:
:
j'
5%
54% July 10
103% Aug 30
96
Jan '3
104% Jan
4
"113% Jan '3.
tuir
Feb
Jan
5
19% July 11
25
May 29
> 8% Apr 25 2,' 11% July -8
* 11% Apr 25
15
Aug 18
.
Jan
6%
July 14
.124% July
87% Jan
_103
__Wn
19
593/s July 19
28% July 5
>
" 13% Jan
100.
CorD.__.
16% May
58% May
413/4 May /
Jan 27
Jan 13
17
Sep
19% Jan
116
No par
preferred
Pnrlt.v
?
No par
(The)
6%
..
22%
No par
preferred
1_
preferred—
1
8%'preferred——1
47%
!
—5.
—50
Feb
*
J
'29).i._2l00
■7%
46%
114 f
No par•
—1
1st preferred-'
Pub Ser El & Gas pfd
Pullman Inc
107%
•
180
conv
15%
49%
15%
f "
2
6%
,
117
class B_;
5933 July/.
Jan
8% Jan 26
* 14% Aug 3
'69
May 16 >
80
Aug 23 !*
No par
Steel Car Co Inc
Jan
5%
34%
' "
1
-
v. i
28%
102
"J5
5.
-
$5 preferred—
620
118% /
>
Sep
;• 7% Sep />
17% July 20
May 13
Apr 26
Jan
3
Feb 25
Apr
■>
,
88% July 19
Mar 28
9
5
58% July 12
6
23% Feb
l__IC0
—
t
Pocahontas
Pub Serv Corp of N J—
980
105%
1
(The)
5%
5%
14,100
97%- 98%
104%
109
23
100
-
conv 2d preferred
Proctelr & Gamble——^
40
49%
For footnotes
>
2,000
1053/4 ;
*17£,%
Creek
Poor '& Co
-.
'
25
Louis RR
Preferred—'—
Pond
8,400
42%
%
Co.
1,900
,
I 13%
108%
*107%
5
—
Plymouth OH Co^
600
105
114
& St
C
Pittston
1,800
118
*113%
Hosiery
16% July
5
..
10
:
105
117
105
78 f
17-'
13%
Feb
61
> 7%
$5 conv preferred
No par
68%
Pittsburgh Forglngs Co
;—J. 1
' 11%
Pitts Ft Wayne & Chic Ry
—100
164%
,7% preferred..
100 ,. 183
Pitts Screw & Bolt
No par
43/4
Pittsburgh Steel Co
No par
6%
7% preferred class B
100
82%
5%' preferred class A
100
'45%
.5%% 1st ser conv pr pfd—_100..'
57%
Pittsburgh &. West Va__
-100
'<■: 11%
"Pitts Young-& Ash pfd—v
.100 >
1,566
" 23 r
9%
42%
.
•
17
23
13%
42
1,300
11% : 12
23%
,
19%
*172%'
9%
-
98%
98%■
>Tio
89 C
"13%
■
800
.
7%
♦117%
118% ; i
■'
.
534
*80
13%
-
;
—
5%
10%
,
''
*188%
5%
13%
•
>
40
'
>*12%/' 13%
*170
24%
61% July
13/4
No par
Pitts C
6
v-
8%
> 9%
'14% •;
'13%
..118%
900
135 '
*5%"
45%
23%
•
I 14%
44% •/44 %
Plllsburv Flour Mills—
60
-•
"
-
Pncenix
32% Apr
Jan
108
Apr 11
11% Feb 14
x98
Jan 19
42% Sep
7
No par
—100
No par
200
*17?%
,
11%-
78%-
17%
13%
*80
•172%"
*75%
*23
series——r—10G f
800
60%
> 48
60
V
; 20%
5%
91"*
80
__
*168%
->•• 534
8
,
V
:
*172%
12%
190
7%
49%;
60"%
\
*105
8=
13
13
*170
*86
:•
48
8%
*78%
13%
5% .:
'
■
<
79%
«•
190
:
%
'
4%%
13%
>.
Dec
Feb
106
series—
24%
24%
65
-
6,500
/
17% Mar
113
>108% Jun
23% Jan
17%
100
4%%
Phillips Jones Corp
7% preferred
Phillips Petroleum
<
43%
43%
*121/4 ;•
6
13
60
20
6
79
:
/
6
135
*105
*170
190
12%
6
64
713%'
5%
-
24%"
135
5%
V 8%
*170
*188%
>
115
10
•:>
Jun
463/8
49% Jun
3
88% Jan
5
c -19
May 16
Preferred
14%
-
Jan
Jan
Oct
3% Mar
45
Aug 17
3
40% Apr 26
20 % Feb 14
Preferred
'
9%
78
13%
12%
<-
25
*12%
*109
43%
243/4
,13%
*105
66% '67%
*8%
425/8
43%
14
115
*109
13%
9%
Jan
May 31
lOO
3
10
-
20% July
64
23%
117
24%
82
•'
6%>
6%
*12%
14%
115
Philip Morris & Co Ltd
80
.
1
Sep
25
7% Sep
Jan
,
No par
preferred
33%
18% Aug 18
4
333/4 Jan
par■
Corp
100%
31% July 17
Jan
23% Mar
No par
com
May
60% Mar
Jan
112/
.5% Jan
6
> 46
Apr 24
; ;10% Jan
3
54% Jan
4
1
com—
l3/4
Dec
Apr
May
55
25
50
Philadelphia Co 6% preferred
$6 preferred
No
2%
3% Jan
>
Aug 14
62% Aug 14
Mar 17
72 3/4
32
25% Mar 17
21% Jan 15
,_5
No par
Corp
5
110% Mar 17
100
JChas) & Co Inc
Philco
119%
34%
16
;
100
50
5
100
No par
preference
106% Aug 17
13% Apr
'
25%
20
10
Corp
Phila Electric Co.
17
No par
Corp of America
7,900
37% July
93% Feb
A
ser
'■
No par
Corp
1
Brewing Co
51
480
Jan
1%
163/8
Pet Milk Co..
103%
53%
16
83/8 July 12
20% Feb 15
Co-u,
Ry Co
prior preferred
5% preferred—
22%
20
*533%
533/4
102%
23% Jun
3
26
5%
21%
103
19%
53%
102%
7
4% Jan
15% Apr
51 % Apr
No par
Glass Sand
51
.
18% Feb
Pere Marquette
900
51
2.50
No par
-10
Pepsi-Cola
1,900
9
8%
9
Jan
Peoples G Lf& Coke (Chic)
Peoria & Eastern Ry Co—
200
'7%
Jan
preferred
Pennsylvania RR_
Peoples Drug Stores Inc
700
26%
7%
*26%
Jan
1%
Cement
pref
July
17%
5%
500
28%
*48%
7%
12%
28%
23%
*61%
$7 conv
30
27%
Coke Corp
&
Penn-Dixle
Penn
10
111
28%
243/4
Coal
Penn
July
Jan
5
Ford
&
Penney (J C) Co
Penn-Central Airlines
600
18%
*17%
63
62
2.500
57
*105
13%
14%
78
78
>
400
4%
V
56
53
57%
*14%
4%
28%
28
*233/4
13%
13
13%
13%
143/4
*13%
111
*105
*63V8
...
14
*17
111 '•
'
18
>
Penick
Dec
106
23/8 Jun 27
31% Aug 18
Patino Mines & Enterprises
100
56
15%
Jan
1% Mar 27
Parmelee Transportation
5.800
21
45%
Jan
26% Apr 28
Parker Rust Proof Co
.2.800
16%
*56%
57%
*56%
300
6'/a
16%
,17
293/a Jun
35%
100
25
No par
Co
&
.
Jan
Mines—1
Consolidated
Davis
4% July 13
July 5
61
103
1
Inc
Aug 22
114% July 13
100
293/4
105
....
3
49
6
29%
*56%
1
8
Jan
29%
7%
-
.7
45
2
16 3/4
*
18
Sep
1
1%
*21%
v
8% Feb
45
par
No
29%
Utan
5
Apr
43% July
Jan
253/8
'
17% July
7%
1%
30%
Jan
2%
29%
29%
9
23%
25%
30%
6% May
353/8 July 10
1%
30%
Jan
25
29%
16.400
3%
27
X243/4
29%
Oct
285/8 May
3% Jan
30%
25%
Sep
160
28% Apr
26%
,
119%
Dec
5
30
2
Jan
17% July 10
6 %
Aug
8
253/4
1%
Jan
147
3
30%
2%
19
■1
27
„
Dec
45% July
91%
July 12
Sep
Jan
31%
Jan
10
3
163
16%
Jan
33
16
5
5
Inc
Pictures
^ramount
46
3
Jun
Mar
23%
15% July 14
34
Apr
July
29
preferred
conv
25% May
14%
,4% Jan
& Ref,
Prod.
Cos
Jan
25
12
Line___JVo par
>
—100
preferred
Paraffine
200
55
No par
East Pipe
Panhandle
2.900
55
13%
Jan
i23/4 Feb
Petrol & Transp
Panhandle
233/4 Feb
41% Jun
1
10
Oil Corp
Car
Motor
13% July
Jan
7% July 25
American Airways Corp
Pan-Amer
2.200
3%
3%
*53
Pan
600
13%
47
> 110
110
3%
Packard
9.300
33
463/4
53%
*106
Pacific Western
6
>3
121% Jan
30%
/
--
2
^
110
1.400
Jan
6%
Apr 28
4
10
26 3/a
MM
—
..
3%
53%
54
*106
110
*106
MM
54
•
7.600
; "V * 13 %
110%
*1093/4
3%
3%
4
57%
*55%
110
110
110%
,
4
MM
6%
13
48 % Jan
100 > 117% Apr 27
100
149
Jan 11
6%
15%
393/4 Jan
25% Jan
73/4
23%
14% July 10
3
3
15% May 3
30
Jan 10
par
Teleg—
Telep &
preferred
Pacific Tin Consol'd Corp
32%
13
48
60
5%
5%
—
163
,
39'/4 Sep
17% Jan
No par
No
Mills.
Pacific
20
6%
33
MM
Pacific Lighting Corp
Pacific
300
1,300
121
'14%
.
15
14%
5%
33%
5.3/8
6
33%
MM
/.MM
'
15%
*15%
*120
163
*
44
37%
36%
121
3,900
37%
*43
44
44
36%
*120
6%
7%
.7
.
32%
38%
*161%
preferred non-cum
No par
preferred non-cum—No par
Pacific Finance Corp (Cal)
10
Pacific Gas <fc Electric
—25
16%
32%
121
121
163
*13%
32%
45
443/s
37
38%
16%
32%
33
32%
121
*13%
16%
*13%
10% Jan
>8% Jan
2nd
290
■
0
10
Co
1st
140
40 /
19
*120
MM
—
39%
163
;
MM
.
39%
20
45%
*45
MM
MM
39%
20
Coast
Pacific
340
10%
'
33% >
32%
MM
10
16%
*13%
'
13%
10
10%
20%
203/4
'
MM
—
13
9%
13
10 %
•
40
*39%
•
,'//
11
1
12%
12%
'
13%
*13
MM
nqyiS
1
22%
Nov
:
Volume
160
NEW YORK STOCK
Saturday
Sept. 2
$
per
Tuesday
Sept. 4
$
t per share
share
share
$
Range since January 1
STOCK
YORK
Lowest
EXCHANGE
Year 11)43
Highest
$ per
J per share
Par
Shares
per share
$
share
per
NEW
for
the Week
Sept. 8
Sept. 7
share
per
Range for Previous
STOCKS
Sept. 0
Sales
Friday
Thursday
Wednesday
Sept. 5
Monday
RECORD
PRICES
SALE
HIGH
AND
LOW
1093
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4315
Lowest
share
t
Hijhest
per share
$ per share
'
10%
15%
15%
15%
100
10%
10%
10%
10%
10%
A' 53.900
76%
76%
*76%
76%
76 Va
76 V2
8%
76 %
15%
8%
8%
8%
8%
8%
87%
88%
88%
89%
30%
31%
31
31
11
76%
15%
10%
16
12% Jan
.19
Oil Ref Corp.
Quaker State
15%
:V,;V
16
16% Aug 21
21
10Va
Jan
15
Jan
12% May
71% Oct
July
R
%
AAA
A:
•
A:
—
v.
9
8%
.
-
A
91
91%
88
91%
31%
—
31%
30%
30%
17%
16%
17 Va
16%
16%
31%
31%
31%
31%
31%
17%
17%
16%
17%
16%
17
38
38
38
36%
37 Va
30%
30%
,A
30%
30%
30%
30%
30%
—
12%
J
11%
11%
*10%
11%
11%
11%
'
*37%
*132
'
;—A A
A v *132
62
A 57
*16%
17%
17
*19%::
AAAA
134
*59
19%
*19
;
•
134
16%
31%
A
16%
i:
1.900
■
1.200
400
•38
♦36%
>
•
AA 400
1.100
130
60 %
*57 Va
17
*16%
17
*19
19%
20
A/A
.
20%
*99
'
20'/a
20% :
19'A
20%
99 Va
20%
;'.w:
99
99
98%
99
91%
91%
14%
19%
18%
101%
*98%
;
10%
18%
13%
Reo
9.900
18%
20,200
x97%
97%
300
10 Va
10%
6.200
'
*
&
100
—A
80%
78
79 Va
78%
79
13%
14 Va
13%
13%
14
14
96
95 Va
95%
95
95
95
13%
•
99
80
14%
14
13%
14
13%
13%
13%
13%
2.600
Reynolds
34%
33%
34%
32%
33%
33
33%
4.400
Reynolds
(R J)
:
39%
*38%
39%
38%
38%
10
16%
16 Va
15%
16%
16%
16%
1.100
9%
9%
9%
15'A
7%
15%
21 VB
21%
*97%
*38
—
*38
39%
*16%
—
17
99 %
*97%
99
*94%
•
390
2.400
A
170
•
9% :
A—A
9%
14%
—
14%
AAV8 A
—
—
8%
21%
■.
8
*7%
Royal
2.700
Ruberoid
33 Va
32
33%
■.'A *31%
32%
19%
18%
19%
18
18%
18%
18%
51
50%
50 Va
*50%
50%
*50 Va
34%
34%
32%
33%
32%
32%
31%
*l/2
&
"Va
III
%
%
51
2.600
•
Roan
No pat
(The)
Co
J
No par
Rustless Iron & Steel Corp
$2.50
10
0
1
Typewriter
preferred
conv
15%
Jun
26%
Jan
32
14%
Jan
Aug
22% May
26%
Jan
35
Nov
22%
Jan
30
Jun
3V8
Jan
66%
Jan
80
20
Jan
6%
Dec
Nov
Jan
86% July
13% Sep
14%
Jan
20
12
Jan
19%
Jan
93
Oct
74%
Dec
10%
Apr
6
Jan
4%
Jan
Aug 17
May
Jun
21% July 5
14
Jan
Aug 12
99% Aug 30
95%
Jan
101%
73%
Jan
88Va
Oct
12% July
100
July
83% July
15% July
99% July
15% July
35% July
11
5%
Jan
9 Va
Apr
July
7
18% July 3
11% July 8
17% Jun 17
9
Jun 30
24% July 5
8
4
3
3
39
,
Jan 3
Feb 29
Jan 3
Apr 18
17% Jan 26
25
Jan
3
14% Jan
5
45
Jan 13
:
Jun
Jan
42 %
13
8%
13
' 5%
—No par
No par
Antelope Copper Mines
Corp,
May
36
1
Company
2.300
700
1
—.10
Tob class B
Co
Oil
Richfield
Ritter
21%
21%
A
A 21%
21
84
63
10
85% Apr
8% Jan
28
Jan
10
Mfg
400
*32%
*50
—
100
Dec
29%
11 %
103
9
3
3
Jan 15
Jan
4
Jan 4
100
No par
100
101%
Jan
I
16
Jun
Jan
Jun
100
6% Jan
Common
Rheem
*14% >"'15%
7%
7%
14%A
14%
7%
4.600
9%-:
9%
9% A
33%
19
,
21%
♦32%
.
No par
10 Va
54%
21
16
Apr 24
99% Jun
87 - Jan
Jan
69%
8% Apr 18
100
100
Spring
34%
—!
98 %
81
96
—
99
14%
7
; ,16
No par
preferred
6% conv prior pfd ser A
Revere Copper & Brass
7%
preferred
5%% preferred
Reynolds Metals Co_
5 % Vr conv preferred
conv
80%
,
70% Jan
Jan
3%
99% Aug
9
1
Inc
Motors,
6%
7
x83% Mar
100
RR
Saratoga
99
,%■
—
25
warrants
Republic Steel Corp
50
103
Corp
with
Rensselaer
10 Va
10%
1
Preferred
98%
98%
10%
250
13
104
*101%
V
88%
*100%
No par
10
400
xl8%
*
99
10%
13%
18
6.400
99 Va
88 Va
90%
12%
14%
99
11
88%
18%
104
*101%
99%
-.AAA
■
101 Va
?YA
■
91%
13
18%
■'A
91%.
14%
—
19%
19%
*99
Co
Reliance Mfg
59
38% Jun 8
31% Aug 31
12% July 20
133
July 29
70
Mar 3
17% July 11
21% July 11
21% Aug 18
50% Jan 3
11% Feb 5
18
Feb 5
147/o Apr 19
Remington-Rand
-r-;
19%
A *19
Jan
90
100
1st pfd
& Co
(Robt)
Reliable Stores
100
17%
*17%
'
—''
Rels
12% Feb 3
28
Feb 2
15% Jan 3 r
32% Jan 13
27% Jan 7
5% Jan 3
100
Preferred
40
59
60
19%
130
59
%
/ 132
132
A
16%
31%
16%
:
No par
Rayonier Inc
.•
_1
$2 preferred
25
Reading Company
50
4% non-cum 1st preferred,;
50
4% non-cum 2nd preferred
50
Real Silk Hosiery
5
3.600
30%
12
17
6% conv preferred—.
Raybestos Manhattan
600
4%
July 12
Aug 23
July 10
Jan 17
33% July 10
18
July 10
33% July 24
20 % Mar 21
Apr 13
Jan
5
Apr 24
Jan 27
28% Jan 3
1
100
'um
12
77
10%
107%
8%
69
77/8
85%
No par,
Amer
1st preferred—No par
Radlo-Keith-Orp'
690
.
Corp of
$3.50 conv
900
13.100
•i
>.
31%
'A'
--
Radio
20Va July
Dec
76
59%
Nov
7%
5
20
10
15
10
10
Dec
Jan
15% July
Jan
93%
80
98
Feb
70
Feb
Jun
5%
Jan
11% July
25%
Jan
32%
34%
Feb
39% July
12%
Sep
14%
7%
Jan
12
9
Jan
Jun
Oct
July
5%
Jan
19%
Dec
21%
20%
Jan
28
11%
Jan
18%
Jun
43
Jan
50 Va
Aug
27%
Nov
36% Mar
32
Jan
%
34% July 8
23
Feb 19
51 % Apr 11
17% May
9% May
Jan
3 Va Mar
Jan
47% July
Dec
Oct
ss
1%:
.vlr'.'i
1%
50%
113%
113%
7%
7%
7 Va
30%
32%
108
108%
.
180
7%
31
5.100
31%
7%
30%
30
2.500
50%
114
114
7.200
108 Va
*107%
108%
100
"42 Va
42 Va
42%
42 Va
42 Va
400
112
"111
109
109
"109
109%
112
'111
"109
109%
"109
21
21%
20%
20%
20%
*20%
21%
6%
5%
6 Va
5%
5%
*5%
5%
96
96%
95%
96 Va
94%
95%
95%
95%
21%
21%
20%
21%
20%
20%
20%
21%
6%
109 Va
21
15%
15%
15%
16
73
73 Va
12%
12%
"73
■
*74%
76
14
76
13%
A
15%
15%
*73
74
•73
12%
*74%
13%
15 Va
73
■
11%
11%
>
12-
,,
11%
*74%
23 %
5.800
Servel
1.200
Sharon
51%
23%
22
22%
21%
$5
conv
$3.50
pref ser A
conv
(Frank G)
Shell Union
3%
3%
3%
3%
3%
6.700
32%
34
31%
32%
32%
33%
5.100
27%
27
27
27%
15%
'
13%
12%
13%
13%
13%
43,700
37%
35
35%
35%
35%
14 Va
14'A
14%
22%
*14%
x22%
15%
22%
50
36%
"36
37
*22%
22%
*22%
23
A 36
38 Va
*36%
36%
*28%
29 Va
28%
28%
27 Va
27%
*27%
28%
13 Va
12%
12%
12 Va
12%
12%
12%
Jan 3
Sep 6
Jan 27
78% July
14% Mar
75% Jun
14% July
5
15
Steel
20
Iron
&
preferred
No par
Smith (A O) Corp
10
Smith & Corona Typewriter-No par
$1.20
52.800
25
24%
2.700
16%
14%
15 Va
14%
15 Va
15%
15%
2.700
Southern
15%
28%
27%
28%
26%
27%
27 Va
27%
18,900
Southern Pacific Co
29
26
24%
25%
13.900
Southern
25%
51%
53%
51%
51%
4.300
4%
43 Va
8
*70
24%
24%
25 Va
24%
25
50%
51
65%
66
*7%
,
•
*66
66
2.400
Southeastern
8,200
South Porto Rico Sugar
247/a
6%
7
6%
7
8
7%
7%
7%
*70
72
27%
10.400
47%
500
30%
30%
30%
27
27%
A 26%
27%
48
47
47
46 Va
46 Va
*45%
60
*59
60
60
*59
12
12%
12
*59
10%
<
v
11%
11%
11%
68 %
68%
34
71%
69
70%
68%
69
35
70
33%
34 Va
33%
34
34
113
"113
-
35
*60%
61
*60
115 Va
*113
115%
*113
113
60 Va
61
*113%
118Va
*113%
111%
*110
lllVa
113%
118%
*110
A
>
60
11
*59
■
*
29%
30%
30%
*114%
116
*114%
3%
3%
60 Va
60%
3%
3 Va
60
58
65%
69%
67%
30%
116
67%
*110
29
*lia
3%
'57
64%
<
60
60%
111%
"110
5%
20
50
111%
29%
29%
116
116
3Va
3%
66
V-
100
116
3.100
3%
66
2,500
$6
10.500
$7
47%
64%
conv
No
preferred
preferred
35%
34%
34%
35'/a
16.300
32 Va
31
31%;
31%
31%
13.400
Standard Oil of Indiana
31%
51%
53%
51%
52
52
Standard Oil of New Jersey
54%A;
21,200
43 Va
43%
-
51
"
44% iV..'A
44%
10%
33
65%
16%
10%
*109%
9%
112
9%
*109%
10
;
4
110%
32%
32
32%
*31%
64
64%
64%
16%
15 Va
15%
15%
15%
15%
11%
12
A 11%
11%
11%
11%
♦16%
17
16%
16%
16%
9%
8.800
~
5%
Stone
6.200
10
10%
A •: 9%
10'A
9%
9%
19%
17%
18%
17%
18%
18 %
18%
16.800
19
58%
58%
58%
1.000
59
59
*126
A
127
6Va
10%
,
6 %
5%
127
5%
126
5%
60
127
5%
81
preferred
Studebaker Corp
(The)
;
-
Class A pfd
19,000
Sunray Oil
Sunshine
(4Va% cum)
Corp
Co
Superheater Co (The)
Superior Oil of Calif
Mining
10%
9%
10 Va
10
10 Va
15.500
21%
22%
22%
22%
1.500
23%
75
70
70
70
70
1,000
20 VB
20%
600
Superior Steel Corp^
21%
21
31%
31
31
Sutherland
*30 Va
300
30%
17%
17%
500
Sweets Cn of Amer
8wlft ft Co
*21%
21%
♦31
32
30%
.
*20%
•
—
Sun Oil Co
Paper Co
(The)
19
17%
18
16%
16%
30%
29%
30%
29%
29%
29%
30%
29 Vb
2.800
29
29%
4,500
Syjvania Elec
30
29%
27%
29%
28%
28%
29%
28 Va
29%
29%
28%
6%
6%
6%
6%
Svminsrtnn
6 Va
4.100
6%
*18
6%
6%
Gould
Corp
115
112
33%
116
4%
65 Va
73 %
39 Va
33% Feb 10
40 Ye Feb 8
34% Sep
7
28% Jan 18
62% Feb 29
3
—1"..
9% Feb 10
20
15% Feb *1
No par
■
7% Apr 19
—1
13% Apr 19
No par
54
Jun 15
100
121
Jan 27
15Va Feb 15
10c
5% Jan 3
No par
17 % Jan 27
25
70
Sep
6
100
19% Apr 25
10
12%
■
•
5 11% Jan
.
,
23
Prod's Inc
38%
113 %
64%
9
28
12
19
17
25
31
Sep 7
25 A
51' Sep
8
25
-40% Jan 4
100
111
Jan 26
1
6% Jan 13
Swift International Ltd
30%
?9 %
5.000
29%
;
107% July
36%
Dec
43
Nov
115
Feb
105
Deo
112
Mar
16 Va
1
34%
58'/a
44%
115
11%
34
2
5% May
9
4%
Jun
Jan
90%
Dec
Jan
18%
Sep
Jan
17% July
9
64
Jan
73% July
8%
Jan
16% May
64%
Jan
73 Va May
5%
Jan
10%
Jun
31%
Jan
57
Oct
17%
Jan
29
Jun
2%
Jan
16 Va
Jan
21
Jan
10'A May
28 Va
Jan
15%
5
Apr
28
May
27% Nov
xl3Va July
45 % Sep
Nov
24 Va
22% Aug
19
Jan
23%
15%
Jan
25 %
10 Va
Jan
15% July
2%
Jan
16%
Jan
20 Va
Jan
30%
Sep
Jan
149 Va
July
132
July
Nov'
39 Va July
Jun
5
Apr
29 Va
Dec
21 Va
Jan
10%
Jan
15%
Jan
30% May
15%
Jan
30%
35%
Jan
Apr
49% May
42 Va
Jan
66
2%
Jan
2%
Jan
25
Apr
14%
Sep
Apr
6M1
Jun
6%
Sep
14
61
Nov
28
21%
Jan
35
Dec
July 18
5
23%
35% Mar
44 Va July
May
60
3
17
Nov
32% Jan
66
2
Jan
..Sep
8%
Sep
35%
Jan
64
Sep
Mar 13
33
Jan
42
July
May 25
109
Jan
Feb
17
Jan
70
July
117
Aug
107
Nov
110
Dec
25
Sep
28
Sep
115% July
Jan
6% Mar
9
Dec
40
Jan
46%
Jan
60
37%
Jan
45 Va May
"5%
No?
9% Maj
Jan
31% Mar
68% July
15
July 10
July 12
Dec
44%
Jan
28%
July 12
38%
Jan
28%
Aug 23
Jan
10%
Aug 23
July
Dec
Jan
1%
1
Jun
31%
100%
5
Jan
Jan
49
July 12
July
116% July
112% Nov
2
July 20
.66
May
14% Jun
May
38% July
Sep
28
5
25
Aug 24
67% May 18
17% July 5
13% July 12
17% Mar 14
31% Mar 20
18
Jun
Jan
Jan
3
26% Apr
26%
10 Va
18
29% Jan* 28
8% Jan
4
27% Jan 10
Jan
Feb
59%
28
July 3
20% July 5
60% Jan 21
127
Aug 16
7% July 5
10% July 5
24 % July 5
84% Feb 2
25% July 5
33% Aug 22
20Va Aug 2
27% Jan
t
No par
>
12
18
5
10
31
21
12
10
10
Sep
33
48 7 Sep
Jun
61
12 V2 Aug
74'A July
9
no
Jan 27
2% Jan 3
5
Webster—
10
70
20%
78
58 Va
*126
prior
23
10%
24%
*75
59
127
6
6%
24%
59
♦126
108
May
*28% Feb
10
8tokely Bros 81 Co Inc
300
Jan
-59% May
111'A Apr
No par
L 8
Stewart-Warner
10%
-
(The)
5.200
16%
<
Sterling Drug Inc
Corp
900
r
preferred
Spring
8tarrett Co
500
.32%
64
% %
Standard Steel
14.500
10 Va
65
'
17
Standard Oil of Ohio
600
43%
64%
11% ,12%
*16%
*43
32%
i
65 %
16%
112
9%
10%
33
43%
43
*110
112
*110
•/
110
No par
34%
35
Standard Oil of Calif—
36
32%
53%
33% Jun
No par
No par
35%
....
par
No par
No par
—No par
prior preferred
prior preferred
29%
Jan 3
50% Feb 11
1
100
32%
:
Jan
96
114
109%
Aug 17
7% Aug
Jun
9
70 > July
Jun
32 %
3
26
14
5
13
26
27
6
No par
$4.50 preferred
; : —N" oar
Standard G & E Co $4 pref—No par
4.700
29%
56%
57%
.
Jan
Jan
Feb
May
22% May
36 % Jan
56% Jan
1
43
Jan 6 V 43%
Jan 6
155
Apr 24
25
Jan 17
17%
Jan
3
33%
Jan 3 . 28%
Jan 4
58%
Jan
7
66 %
4%
5%
55
28
No par
Nc pa"
Squibb (E R) & 80ns
$5 pref series A
$4.25 preferred
Standard Brands, Inc.;
500
118%
54
No par
1
No par
No par
Square D Co
'2.100
60
113%
tr ctfs
2
$4.50
Conv
440
115%
"113%
stk
Spiegel Inc
19.400
.
100
100
preferred
Ohio
preferred
Spencer Kellogg & Sons
Sperry Corp (The)
Spicer Mfg Co
$3 conv preferred A
600
30%
27
30%
28 Va
&
$5.51
30%
31
47%
Railway
non-cum
Spear & Co
800
72
27 Va
*30%
No par
No par
Sparks Withington
11.000
7%
*70
5%
28%
141
22%
13%
23%
20
40%
7.50
Natural Gas Co
Mobile
90
67
7«A
72
*70
72.
.
24%
51%
6%
7%
8
24%
4%
155
*152
-
50
66
7
155
*153
x39
40
39%
39%
42 Va
24%
A;
67
*65'/a
:• 155
*153
i
4%
4%
39
41%
40
42
155
*24%
4 Va
39
39
43%
42%
*153
•A
4Va
•,
40
5% July
Aug
Sep
Aug
Aug
Aug
July
July
July
3% Jan
3
28% Jan 10
1
Greyhound Lines
5
No par
8%
preferred—
100
Southern California Edison
25
4%
4%
39
1
12'/a Mar
14% July 17
Jan 27
12
—15
Socony Vacuum Oil Co Inc
South Am Gold Si Platinum
8.600
•
Nov
Jan 6
10
Jan 4
55
July 11
21% Sep 8
28% Apr 12
3
May 16
4% July 6
24% Apr 24
34% Aug 31
23
Apr 19
27% Aug ?
10% Feb 8 A 15
July 19
35
Sep 7
42% Jan 7
13% Apr 25
18% Jan 22
22
Jan 28
23% Jun 20
29% Feb 5
41 % July 5
23
Apr 12 - 29% Aug 23
par
No par
No par
No par
-
Jan
6%
19
13
1
Skelly Oil Co
A 300
12%
Steel
Corp
Sloss-Sheffield
400
37 Va
Oil
Sinclair
600
63%
11%
72
9%
48%
par
par
par
1% Mar
105%
5
15
I
Slmonds Saw Si
2.900
.14%
14 Vb
38
15
13
35%
13%
37%
•22%
28
*27%
18% July
Oil
Simmons Co
34%
27%
2
King Coalition Mines
4%
4
Silver
4
700
May
No par
Pen Co
Sheaffer (W A)
4.900
13
No
No
No
No
preferred
35
25% May 19
6% Aug 16
98Va July 5
24% July 5
7
Jan 5
Feb
7
Feb 14
Sep
No par
Steel Corp
Shattuck
3.000
22%
1
Sharpe & Dohme
5.300
210
3
Inc
34
27%
20%
2%
84
16%
No par
13%
50
23%
4.500
Seagrave Corp
Sears Roebuck & Co
51
52%
.
1.400
76
13%
Sep 7
105
Jan 6
37 Va Mar 16
109
Feb 16
108 . Jan 3
No par
-No par
July 12
Jun 15
Apr 3
July 17
Sep 5
July 1
36'A Jun 21
xl08%Mar23
42% Feb 16
112
Jan 6
110
Jan 8
30
2.100
130
14
22%
53
100
5
Schenley Distillers Corp. new__3%
5%% preferred
100
Scott Paper Co
No par
No par
12%
76
*51%
51%
No par
Savage Arms Corp
preferred
$4 preferred
35 Va
1
2%
53%
115
9 Va
a9* Mar 17
% Jan 20
43% Jan 27
110% Jan 8
7
Jan 3
Seaboard Oil Co of Del
15%
13%
50
preferred
non-cum
Safeway Stores
5% preferred
100
74
*74%
A
14 %
6%
112
"111
:
Francisco
Louis-San
tSt
27% May 12
10
100
100
Joseph Lead
$4.50
"111
112
St
3.200
"107%
108
42 Va
42 Va
'-4 2'/a
32
51
600
%
1
50%
52 Va
114%
7%
7%
32%
"108
1
1
51
115
7%
1%
%
1
114
52 Va
52
114
w
2.100
11
33 Va Jun 27
33% Jan
5
7% Mar 13
7%
.
Jan
4%
Jan
14
July
14%
.
Deo
*17
Sep
6% Jan
5%
Jan
48%
Jan
122
.Apr
4%
Nov
3%
Jan
10% May
15 %
fi
7%
127/a
Jan
22
58%
Feb
82
14%
Jan
Jan
4% Feb
26%
22%
Jan
27 Va
Nov
22%
Feb
4%
Jan
Dec
63 Va Mar
130
Sep
Oct
Apr
May
May
32 Va July
33
July
12 Va
Jun
27%
Nov
35%
Apr
35% July
8% May
LOW AND
Sept. 2
"*
9 per
9 per
share
I per
share
Lowest
EXCHANGE
Highest
% per share
Par
Shares
I per share
9 per share
S per share
share
Year 1943
Range since January 1
STOCK
NEW YORK
the Week
Sept. 8
Sep^. 7
Sept. «
Sales for
Friday
Thursday
Wednesday
Sept. 5
Range for Previous
STOCKS
HIGH SALE PRICES
Tuesday
Monday
Sept. 4
Saturday
Monday, September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1094
$
<
,
share
per
Lowest
.■
Highest
$ per share
t per share
-*«
T V.
r'
■'
■-■
53/4
6
*53/4
11%
10%
45%
46'A
6%
53/4
49
10%
6
•ks
34%
35
16%
:
33%
34
2.200
15%
16 %
7.500
Texas Pacific Coal &
6.900
Texas
10 Vs
23
9Va
21 %
18%
19%
19
54
04 '
8%
8
49%
49%
5'/a
i
5Vs
600
5%
*5%
5%
'
4%
——
/,./
;
—
283/4
27%
27%
153/8
143/i
15
107%
.
4%
14%
29%
15% "15%
—
45%
4%
27%
4%
29%
V-'1/
.
12%
44%
45
45
——
■
*11%
12%
*11%
i—
4
107%
107%
313/s
30
30%
x29%
51
49%
50
107%
—
—
9%
23%
—
—
23%
22 Vs
17%
16
*16
*
—
—
19
31%
97%
97%
80
98
10
*93/4
10
10
10
800
18%
17%
18
17%
18
2.700
98
30%
31
105
7%
7
2.700
30%
30%
104%
104%
200
8%
*3,500
7%
%
.
St'l
Transue & Williams
Tri -Continental
$6
13 Vs
13%
64
64
62%
102 3A
400
13
13%
13 Va
4.100
62%
63 Vs
63%
900
12%
13%
63%
12%
12%
12%
9.000
Union Bag
76
77%
5,400
13.
:
,
Jan
13% July
;
•
!
July
16 V8
Nov
28% July
;
Jan
14
Oct
•
35
Jan
533%
Dec
July 12
.
2%
52
Jan
8
Jan
4
>
33'%
July 13
July
95
Jan
Oct
9%
Jan
49
Sep N,
May V-
3
Jan
8
8Vs
Jan
15
6
26%
Feb
34 5%
Dec
5% Aug 14
1 Vo
Jan
3
Mar
8
13% Mar
45 % Sep
33
17
July
16
Aug 14
63/4 May
Jan
July
26%
Jun
7
9%
Jan
153/4 July
108% Aug 29
94%
Jan
103 V2 May
31% Sep
5
23%
Dec
343/4 Mat
52 % Aug
18
22
40%
Jan
50
6%
Jan
10 Va May
Aug 17
15 %
Jan
25% July
11%
Jan
1%
Jan
10% Jun
w
25
5
4
18% July
4
99
Sep
11
Mar 25
Jan
6% July
"6%
5
6% July
5
5% July 10
20VsJun
'
69
5
July
16%
Apr
43/a May
-Jan
90
6% Jan
May /
9% May
j
July
!
34 % July
i
26
26% July 10
12%
Jan
24%
33% Jun
13
25
Jan
106% Aug 21
99
No par'i
Union Carbide <fe Carb
101
101
93
-
7%
Aug
4
9% Jun 29
par
—_1
18
9% July J 7
8% Jan
3
15% Mar 1
21Vs Feb 17
$1.50 pnferred—
No par
28% Jan
3
$4.50 prior pfd
No Par
100 ' Jan
4
Twin City Rapid Transit
No par
5% Jan 5
1"/c preferred
100
68% Jan 4
Twin Coach CoMv / 8% Jan
6
No
Corp.-—
Rayon
20th Cen Fox Film Corp
Jan
12% Jan
3% Feb
No par
Corp.;
Truax-Traer
Tubize
8%
85
1
,
413/4 July
58
17 % Apr 25
No par
Corp
preferred-
61%
101 Va
98
14.900
24%, f
24%
24%
*104%
13%
.
700
99
8Vs
101%;
100
11.600
Jan
Dec
24% July
3
3
3
6.100
43/3
16
3Vs
33%
11% July 10
27% July 15
6
Transcont'l & West Air Inc
53% July
Jan
5
19% Mar 16
8VsJan 13
22 Vs
41%
Apr
"
431/2 Apr 24
4%
31 %
No par
10
Mar
Feb
Jan
Jan
_.2
—5
22
10
6% July
4
Transamerica Corp
*15%
105%
,
Jan
8.800
4%
7%
•
2
• 18%
13
100 Vs
25
Tlmken
;
13% May
54
Tiniken Roller Bearing-.;—_No par
9Va
Jan
1144
1.700
93/s
8%
45
37% July 14
11% Jun 13
32 %' Jan 10
y
-10
Axle
5
50% Jan
4% Jan 19
25
Detroit
5% Mar
19
Jan 11
:
No pur
No par
Ni par
Products
Thompson-Starrett Co__
$3.50 cum preferred
Tide Water Associated Oil
$4.50 conv preferred
Thompson
Jan
12% July
Apr
9,400
15%
31%
833
'
■*
200
•
22%
24
a
Jun
Jan
3
Jan 31
49
15%
25%
preferred
$3 div conv
Third Avenue Transit Corp -No par
8 3%
5% Jan
35
7
43
30%
21%
*104%
32
106
8
107
9%
4
Co
19
Mar 17
6% July 12
49
92
-100
—1 !/:
10
Preferred
Thermoid
49
9%
4%
—
*
29%
'
,
16%
24 Vs
25% /■>/
*104%
X107
29%
10
10%
25%
11.600
173/4
99
183/4
'
—
500
14%
23%
4%
98%
99
10%
—
.
4Va
43^
——
93/4
9%
9%
28%
14 34
49
6.400
4%
"27
107%
48%
1.400
44
4Vs
4% v
50%
r--
44
.The Fair
Thompson (J R)
12%
*12
44 Va
43%
■:
30%
107%
.
vV< i—
——
12%
*12
Na par
No par
No par
preferred—
$3.60 conv
60
i
49;:
Co
Thatcher Mfg Co
40
2.100
fc%
*48
48%
400
106
8%
8%
48%
:
106
110
;
Oil
Pacific Land Trust
Texas & Pacific Ry
280
8%
•8%
8%
8%
*106
8%
5%
1.300
19%
54
V 110%
5%
700
22 Vs
54
8%
47%
10
/
*21 %
•
55
*107
9
10
9%
21%
19%
8%
8%
*5%
VVA';
—
V
19
47%
—
Producing
15%
22
110%
25
No par
No par
10
1
100
(The)
Texas Gulf
Texas Gulf Sulphur
34%
55
8%
7.300
15 Vs
20 Va
110%
•'V
9.400
5%
34%
56%
*8%
•
45 Va
5%
16%
56%
--
45 Vs
5%
34%
20%
; :■
Texas Co
453/4
;
34 Va
!9%
10%
•: 23%
*23
'
Corp
Tennessee
5%
-:.i 45
6
Corp
Telautograph
1.000
11
8% Jun
Jan 5
Jan 3
4'A Jan 12
10% Mar 29
45
Sep
7
4% Feb 28
32% Apr 19
14'A Feb 4
8% Feb 9
17% Jan
4
.'.v 12% Jan 13
50'A Feb
4
5% Jan 6
50
__5
5
partlc preferred
5V2%
15%
17%
J.0%
--
11
'
10%
'
46%
ZI
400
5%
5%
6
"50
49
7
42
9
.Talcott Inc (James)
8%
*8Vs
48%
8%
*5%
11
46 Va
*11
»8Vs
*48 Va
49
*48%
49
*48 V2
8'/a
*8'/s
8%
*8%
Nov
4%
8% Aug 31
104% Sep
>
6%
14% Aug 21
Oct
9%
77%
Jun
Jan
ll3/4
¥
Jun
Jan
67
1
101
Jan
Jun
U
13
13%
12%
13
78%
79
77%
78%
19
18%
116%
114%
114%
60
18%
18%
18%
6.700
104%
104%
2.100
Union Pacific RR Co
106
98
98
27%
27%
27%
•
103%
29%
28%
108%
108 Ve
108%
31%
32%
30%
31%
119%
119%
23
*110
24%
25
1%
1%
11
1%
1%
1%
36%
34%
10%
1%
15%
5.100
ioo
105
It-
73
*9%
5.300
11%
73
10
9%
30%
30%
85%
86%
83%
1%
1%
1%
1%
85
Corporation
No par
$3 preferred
;
No par
United Drug Co—
5
••
$4.75 preferred -----—u-Nopar
United
*14%
16
15%
15 Vs
36%
34%
35
35
35%
5.100
*105%
106%
*6%
6%
'1.700
10%
10%
6%
6%
6%
11%
11%
'
'
6
6
15
79%
79%
78%
9%
preferred
United
76
180
13
12 Vs
<
47%
47%
39%
37
.
>
7%
8%
7%:
25
8%'
*112%
7%
9%
7%
24%
24
25%
115
115
8%
90
180
*47%
2,300
12%
80
>
48
24
U S Industrial Chemicals
U S Leather Co__
Prior
41,100
8%
8%
9%
36%
36
36 V8
*36
36%
46%
*44
46%
*44
46%
46%
*44
38%
38%
38
38%
1%
1%
51%
51%
49 V8
51%
48%
49%
140%
140%
*140%
141%
140%
140%
56%
57%
*77%
78%
2
59
58,
<76,Y>
78%
57%'. 58%
127%, 128%
26
57%
56
O
125
127%
25%
26
*46'
26%
300
56%
2,000
77%
77%
56 Vs
125
140%
78%
55
55%
56
125 Ve
125%
;
25%
25%
2.200
1,500
26
47%
*46%
3%
3%
3%
3%
3%
*3%
3%
4%
4%
4:
4%
4
4Vs
47%
*98%
98
100
16
*5
98
15%
16
5%
*35%
47%
5
.
15%
5
36%
35%
35%
77
77
76%
77
*170
*170
*46
16
400
5
19%
18%
19%
13%
11%
11%
*11%
52."
117%
14%
45%
;
14%
45%
51
50
116%
14
i'
*44%
25
25
4
4
13%
117
1.100
45 Vs
80
*74
80
*75
85
*75
85
25
25
4
53%
119%
42%
40%
51
•41-
...
25
52%
50
119%
119
41
43%
50%
50%
119
40%*41
43 tf
35%
36
35
*121 %
130
X119
119
*150
—
>
y
*119
Va
40 %
36%
"150
3%
:
i
vc
'35% '
'
3%
10
•
>5
'
500
•2.300
■
503A
1,700
119%
180
*40
*41
70
42
43%
*35
■01
400
.
243/4
*24 Vs
:
:
3%
121%
150
80
"
45 Vs
*74
119%
43
-
13%
*45
3%
n17
,^*150
preferred
United Stores class A
$6
25
I
Stockyards Corp—
:
*11%
*28%
52%
12
105
54
54
*18%
8%
For footnotes
see
page
1095.
11%
29%
105
*28%
105
Vs
18%
9
51%
53%
*18
8%
51%
11%
29 %
105
50
11%
2834
105
51
11%
29
105
51
11%
*28%
Jan
5
Leaf-Tob—a—2W0
•
1
900
35 Va
30
121
-—
par
100
preferred—
No par
2.50
5-
;
100
Vertientes-Camaguey Sugar Co_6%
Vick Chemical Co
5
Vicks Shreve & Pac Ry.—
100
5% non-cum preferred—
100
Victor Chemical Works
—5
Va-Carolina Chemical
No par
7%
6%
Va
1st
preferred
6%
100
div partic preferred
&
El
Va Iron
Pow
$5
100
100
pref
Coal & Coke 5%
Virginian Ry
''■*}
114%
17% Jan
34% Aug 21
16
Aug 25
Jun
May
Jun f'<
33% July
Jan
55%
18%
Jan
1
hh
Jan
July 10
17%
Jan
1% July
37
114
Jan
21
Jan
69 %
x26
•
Jun
Jun
t
Jun
\!
2% May
353/4 Sep
5
7%
Jan
6
11% Aug 30
94%
Dec
96
Dec
2%
Jan
9
Jan
78% Aug 30
38%
66
July
17% July
.105% July
Jan
5
5Vs
Jan
33% July 14
23%
Nov
89
60 % Mar
11 Vs
v
15 Vo
July
July 13
2% Jan
2Va
15% JUn
16%
3
pfd
Dec
[j
25/o
Jan
f
Sep
Dec
105% Aug 17
6% Sep
1
•
Jan
5
4%
Jan
Aug 23
21% Feb 17
84 %
Jan
9%
Jan
•
12% July
106
37
Jan
116% Sepf 6
12% May 15
41%
63 %
70
21%
3%
50
113 %
Dec .i
Julj
1
Jan
'753/4
Oct
5
168
Dec
181%
Apr
10 Va
Oct
44 %
Nov
5
5%
May 20
19
Jan
393/4
Jun
43% July 31
30
Jan
28
4
Jan
48
8% Jun
25% Sep
13%
5
108
112 V2 May 31
-9% Sep
" July
10
47
42
•
x42% July 73/4 Apr
Jan
19%
Jan
114
Oct
4% Nov
8Vs July
6
8%
9%
Nov
29 Vs
Jan
29%
Jan
July 10
32
Jan
2% Jan
Apr
5
July 20
37% Jun
27/
20
H
25%
Jun
,'•37% May
42
44%
Jan
Jan
>
54% July 14
•
.
July
Jun
3% May
46%
Sep
142% May 18
101
Jan
130
Dec
61% July 13
46
Jan
62
May
64%
Jan
473/6
77% Aug 21
125
July
-20 Vs
27% Aug 30
Nov
-29
Apr
29
4% Sep
42 Vs Jan
23
4% Jun
1
100
18
July;
5
J111
3
Oct
56
Jan
-88
Oct
13%
-
Jan
%
Dec
3
30y9
Nov
78 V.
7
59%
Jan
July
150
23 Vs
July
•
•
6% July
-41% July
-
75% July
12
Jan
165%
Jau
'25% July
8%
.5
119% Jun
;
Sep
;
Jan
25%
5
13% July 11
52
20% July
15%
169% Aug 21
:
•
2% Niv
•
39% July
v
-50% Aug
3% July
1%
-
July 25
Vs Jtily 5
6
Nov
-59% July
Jan
8
48% Feb
-74
'
Jan
112
63% July 10
135% July
Mar 20
4
4
3
99 %
59
13% July
<
-13% May 7
•
Mar 13
180
Apr 27
17% Jan
9% Jan
Dec
Dec /
Apr
Jan
115 V
Mar
Nov
12%
Feb
37%
Oct
120
Oct
14 % Aug 30
Jan 25
Jan 15
49 % July 24
40 Vs
80% July 27
51
Jan
65
Feb 11
Jan
7
85%, July 21
57
Feb
67 Va May
Sep
6
Sep
7
Jun 14
38% Feb 17
.
1
20% Nov
1
120
52
5
26%
Oct
Aug
Feb
Jan
6% July
39
Jan
68'/a July
20%
Jan
27
Jan
2%
5% Mar 24
62% July
44%
s,
Aug 23
Mar
7
Aug 18
36% Aug 23
42
45*
Oct
40
Oct
353/4
Sep
-33
102
Apr 19
Jan
4
121% Sep
149
Feb 14
155
Jan
3
10% Jan 19
26 Vs Apr
1
105
Sep
5
24%
Jan
40 Va
12% July 10
7%
Jan
11% May
30
May 25
20%
Jan
28 Vs
108
July 31
55
July 14
37.
Jun 21
25% Aug
Dec
100
preferred
Vulcan Detinnlng Co
Preferred
2% Jan 28
2% Apr
4
i 76
Jan 18
14% "Jan .4
£ 3% Jan
4
31
Jan
4
162
57/a
27
Jun
88
' May 25
68
29 3%
100
3Vs
.25
-25
100
Co
11%
Wabash
RR
700
Waldorf
System
200
29
*104Va .105%
,
'
Walgreen Co
300
4% %
1,200
•"
"tV-
4%%
1.500
•
Walker
53%
52 Va
52%
52 Vs
52 Vs
18%
18 Va
13%
*18 Vs
183A
'100
8%
8 3/8
8%
6%
83A
7,100
n
Apr
76%
8-
39% May
Jun
35
Jun
99
3
9V8
Sep
July
29% Jan
5
80
Jan
110
Aug
6
113
Jan
150
Nov
—
51%
'
22% May
109% Jan
13
70% July 11
26
50% Apr 19
69
conv
W
52%
93%
108% Sep
xll9% Jan 27
22
May 18
/ 44% Apr 26
—5
—
Van Raalte Co Inc_.
45
46%
noh-cum
United
Wo par
:
1.600
49%
85
-
Co^
Vanadium Corp of Am
133/s
13%
U S Tobacco
Van Norman Co—---
80
52%
36
*1153-4
117
*1153/4
40
7 '
52% Feb
,
100
1.000
80
119%
121%
49 Va
Nov
»
<
No par
1.900
3%
85'
*41
14%
50%
*
50
»
;■[
X24%
>
120% Aug 18
Feb
7
Jan 13
40
130
50
1
12
*11%
24%
83%
*81-
v-.
116%
11%
Oct
28% Mar
8% Jan 25
50
Preferred
19 Ve
19 Vs
19
i_
U S Steel Corp—
8%
*81"
*80
*41
75
*170
12%
{
400
5
5
*35%
97
Jan
30% Apr 19
40% Jan 3
35% Apr 18
1? Feb
2
/
100
1st preferred
Ref & Min—
non-cum
Universal
*15%
77
8%
U S Smelting
Preferred
120
16
3G
"
■
.
;
10
Co
260
16
*4%
Rubber
8
76
1C0
35%
Jan
24%
30% July 11
9
7% Feb 10
4
14% Jan 3
70
Mar 28
•■■■'. 170
Jan 10
8% Jan
4
42
Jan 7
v. 34% Apr 24
5 V Jan 19
16 Vs Jan
3
110
Feb 10
V 5% it)r 24
—
36%
99
*75%
,•
preferred
—Wo par
Universal-Cyclops Steel Corp
1
Universal Laboratories Inc—
1
Preferred
s
-No par
4
*98
12
50
,8.800
4
99
*170
4
900
-
-
*97
19%
116%
4
79%
28% Aug 21
97 V2 Jan
U S Pipe &
7%
47%
3%
"46
*
100
38.300
126%
26
"
10
Preferred
2,100
56
*76%
—1
—
7.300
1.600
56
140%
U S Lines Co
1%
49
100
3 '
Feb
4
Foundry-.)-:
20
Card Co
-10
U S Plywood Corp
—
1
$U S Realty & Impt———Wo par
•
55
par
No var
—100
U S Playing
40
1%
1%
1%
223/4 July
102% July
,
'
*1%
—Wo
preferred
49%
38%
38 %
38
500
V700
9%
9%
9%
*9%
No par
Partic & conv cl A—
114
9%
9%
36%
'
*
No par
—Wo par
20
1% preferred
,
100
U S Hoffman Mach Corp—
5
5% % conv preferred-,
50
'2.300
24
*111
36%
9%
30%
*44%
t.
.__Wo par
-
2.300
7%
7%
24
8%
"
1.200
28%
38
Jan
Jan
8
-
Oct
15%
80%
19
U S Freight Co
114
8
Jun
28 % Jan
98% Jan
U S Gypsum Co
12%
7%
7%
23%
*111
*• V.I
,
1,000
'
*112
,
1.600
180
37
1
"
.
i
15%
47%
47%
39
T
1st preferred
$6
77%
12%
39%
39%
106
14
114%
•
v
7
July 20
3
1
;
U S & Foreign Secur
80
77%
78
180
180
5.500
Jan
Feb
Apr
6
20% July
5
100
10
—
Paperboard—
-
-
105%
X118
July
'
5%
15%
15
48
*47%
*105%
105%
14%
12%
13%
10'/a
105%
179%
180
13
15%
78%
16
"178%
11%
105%
105%
105%
*15%
::
6
59
Jan
114
1% Jun
par
United Merch & Mfrs Inc—
.
:
10
113
75% Jan 12
13%
i_:
14
23
26% May
5
AJVo par
When issued
60
6%
5
Cos—^
.United Gas Improvement—--No
600 *
15%
106%
Electric Coal
2.100
35%
*105%
100
Preferred.
86% May
111% July
Jan
3
Apr 19
Apr 18
Jan .4
6
Feb. 5
45% Apr 19
8
Jan
6
,
113/4
Dec
114% Sep
lJ/«
31%
12%
95%
1
Dyewood Corp—.
Jan
116% Apr
Mar 23
May 5
Jan
3
110
61
22
United
Fruit Co__—
15
106%
100
United
23.0CO
1%
par
Jan
8
£
20
4
20'A May
No par
Engineering & Fdy
15%
*105%
No
Co—
United
36%
105%
Carbon
Jan
42
x76%
26
82% Jun
19
par
preferred
conv
United-Carr Fast Corp
400
15%
105 Vs
102Vs Jan
No
Co..
United
36%
105%
;
3,000
85
1%
Biscuit
United
870
-
31
*30
85%
1%
/
22,200
11 Vs
86%
86%
36.200
73
9%
9%
31%
31
31%
*31%
1%
36%
15%
*104%
5%
30
800
24%
1%
35%
15%
68
9%
700
1.000
preferred
United
66
24%
%
105 */'
104 %
74
9%
22
217/a
*65
1%
35%
15
*
-••11%
10,
70
75
100
Air Lines Inc
Sep
Jun
26
5 '
100
preferred
conv
United
4Vz'/o
■
No par
Aircraft Corp
300
118%
*110
25
10%
*11%
*117
22 %
22
*24%
104%
71%
V 118%
25
15%
10
18.000
5%
800
31%
ei
104%
;
108'%
30%
64%
16%
28%
28
108%
*110
105 %
-16
*104%
,
i
7,000
United
Sep
Feb
Feb
92% Feb
100
Union Tank Car
30%
34%
36%
1.000
66
'/• 25
i-36 %
'
v
65%
66 %
1.200
28
110%
117
22%
"22%
23
110
66 Vs
98
28
28%
27%
30%
25
100
;
preferred
non-cum
.98
28
*108
119%
4%
98
*27%
29
28%
*117
104%
98
108 %
110
25% Jun
100% Feb
22% Apr
Union Oil of California
98%
27 %
10
*116%
114%
18%
103
98
No par
116%
*113%
19
107 Vb
106%
No par
Preferred $4.50 series
76
113
109%
18 Vb
93%
Jun
13% July
7
7
19
5
6
3
l
6
6
24
18
Union El Co of Mo $5 pfd
*116
114
*116
113%
113%
116%
114%
18%
316%
*116
V
77
76
9'A Feb
No par
No par
& Paper
66
51% Jan 10
—No par
Under Elliott Fisher Co
preferred
(Hiram)
Div redeem
Walworth
preferred
100
-No par
No par
100
G & W—_Wo
preferred
Co_—
par
No par
Wo
par
■■
ri-
40
Feb
4
17% Jan 12
7% Jan
3
48-
59% Mar 13
103
Feb
Jun
"
38%
Jan
54%
18% May
18% May 26
153/s
Jan
27
4%
Jan
10 Vs Jun
109
Dec
July
93/4
Oct
Jun
'
1095
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Number 4315
160
Volume
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
Sept. 2
j
$ per share
S per share
per share
6
'
—
1%
v.;
—
-
1%
■
—
—
—
12%
;
.
—
—
V-
—
—
—
—
„
—
-
—
—
'X-
■
'
.' ■
.
" *.w"
•iirSV-t.
.
.
—
.
—
.
—
,
■
—
8%
24%;:
,79%
79%
94
94
V
118
118
:'A
32%
31 i
27%
104%
102%
140
33
79%
j
23%
23%
94%
94%
»
104%; 104%
|
6%
West
*29%
106
106
106
;
70
72
'>
106%' 106%
V
70
; 104
29%
27
76%
7.100
J
3.200
i
6,600
1
3.600
Westlnghouse El &
32 Va
.30
70
107
*104%
160
71
71
103%
v
103%
I
150
I
3,600
28%
...
X26%
27 "•
27 Va
27%
76%
76%;
*73%
75
74
75
120
21
*20
21
400
X25
25%
20%
19%;
20%
*20 V
26%
25
25%
23 %
.
__12.50
32
Jan
•Vestvaco Chlorine Prod——No Par ' \
25% Jan
$4.50 preferred—
—No .par •••'• 105% Jan
$4.25 preferred
i—
No parioiy2 May
Wheeling & Lake Erie Ry
;_100'
59%-Feb
5 y2% conv preferred
100
97 y» Jan
Wheeling Steel Corp—
No par'
20y2 Feb
$5 conv prior pref—
No par* '
66'% Jan
White Dental Mfg (The S S)
20
• 18
Feb
100
I
n\,
24%
1
§White Rock Min
>'■■
.
;
V
:.n
:•
i
8%
l'T-
'
*87
r-
7%
15%
12%
*92%
93
'
30%
31%
*66%
68%
20%
20%
43%
42%
43
41%
30%
29
29%
29%
30
68%
*65%
67
*72%
*69%
70
34
34%
x33%
14%
13%
14%
13%
19%
18%
19
76
70
300
A
^
fir
*.-
"
•,;
:^
*34
14%
—
—
•.
;,r;
v.:.
19
—
|
;
3.200
18%
18%
37%
38%
17%
18
16%
16%.
17
17
4.200
41%
42%
40%
41%
41
41
3.300
43
5%
5%
5%
5%
*103%
104%
104
104
r
104
*103
*
Dec
July
2y2
Jan
8% July
Jan
26% July,
69
Jan
79% Nov
8%
Jan
20 V*
Dec
50%
Jan
85
67% Jan
99
Aug
Oct
57
Jan
.■
-
103
6% Apr
Jan
37y8
Oct
11%- Apr' *
49% OcM
22
Nov
24%
15%
Jan
24% May;
Dec
July
81
Jan
100
120
Jan
136
31
Jan
40
22%
Nov
29% May
106%
36
32
Jan
Jun
Jun
112%
Apr
Oct
60
Mar
85
Jan
99
18
Jan
24% July
71 y2 July
58% Jan
Jan
20
13%
Jan
22% Aug
2%
Jan
7 Ye
Jan
86
Jan
40
*20%
27
Apr
Oct
20 Va July 5
Jan
Jan
9%
i
6% July
2y«
9y8
Jun
Jan
86%
Sep
Oct
Jan
11%
Apr
4% Jan
3 V liy2JulylO
,
Oct
2%
v
:
Jun
15
July 38
96 July 10
14y4 July 14
124 July 31
11 Mar 23
24 July 6
43% Sep 5
33% July 17
73 July 14
74 July 20
;
July.:
52
29% July 7
57%
9
Dec
121
Jan
115
3%
Jan
10% July
17%
Jan
24 y2 July
30'/a
Jan
16%
Jan
25%
Oct
44%
Jan
54
Jun
57%
Jun
42% July
Jan
.,46
78%
58%
Jan
36% July 17
15% July 20
118% Aug 30
*
—
i"
Sep
31% Sep
9% Jan
44% July 12
70%
21% Jan
20% July 14
42% July 5
104% July 7
).
Apr
108
Dec
3
Jan
Dec"
31%
Jan
5%
Sep>
110
Jan
2%
Jun;
.
16% Oct,.
Jan
19
47% Jan 5
49
Jan 5
69% Jun 8
87Vi Mar 14
58 Apr 26 ; 70% Aug 24
*;::13
119
11% Jan
7
4
87% Oct
Jan
109
22
—25/V 27% Mar 6
1
9'A Apr 25
14% Jan r* 3
33% Apr 24
* 96
Jan ;6
Mfgi Co—
Spring & Wire
No par
Youngstown Sheet & Tube_.No par
5%% preferred series A
100
^oungstowo Steel Door
No vat
ifoung
80
104
18
42%
—
.
*103
18
—
—
—
26
32y4Julyl0
84% July ±4
10% Jan 5
-124
July 31
7y4 Jan 24
19% Apr 27
36% Jan 3
20% Jan 4
_
No par
No par
Aeronautical
(Wm) Jr .(Del)
York Corp
7.000
«
Jan
Apr
l77/a
7
Jan
8
' "
'.
pfd 4%% series
—100
pfd 4%% Conv series—100
& Towne
?ale
500
10.900
37%' "
37%
Wrlgley
'f
18%
17%
^
39
37 Vis
40%
39%
'
'
Wright
14
13%
13%
t—
34%
*33%
34
Prior
Prior
10
69%
76
70%
66%
*72%
74
*69
74
■'
*65
Sep
20ya
<
7
28
SOyWan
.
67
,*65
67%
68%
*65%
*65%
*
70%
70%.
300
7.700
23 y8
Jan
17%
3
12
26
19
Min Spring Co
No par H
Woodward Iron Co
10
Woolworth <F W) Co
10 ;
Worthineton P & M (Del)—No par
4.700
•
1'"
Wisconsin
'
j
Co
Wisconsin El Pow Co
4.600
42%
35
*74
\
,i
22
*20%
21
*65%
68%
75%
*66%
~9%
9% •
•;;?
9%
•;;V9%'
•
Jan
12%
Jun 24
July 21
110% Aug 4
106% July 13
77 July 17
104% Aug 25
.
4% Jan 14
6 Feb 3
par" '
No par
;
10
6% pfd—100
*
5
,
.__5
No
preferred
Wilson-Jones
1.500
:,l
12
$6
15%
9"'a July 5
Oil'Co—r——
Wilson & Co Inc
100
32%
87 Aug 29
30% Aug 29
9% Apr 5
Willys-Overland .Motors
10.900
.
29
43%
a
15% July
Dec
108% Jun 19
138 Jun 17
4
13
July
'
Jan
7%
28
July 10
108% Sep 8
4
1
May
2% Mar
56
Jan
22
Jan 26
—_1
preferred-
Wilcox
48.100
V
42%
*20%
21
.
j
•
93
12
300
1.000
..
Jan
26
No par
x64y2 Jan 24
*-..20 y 24
Jan 27
Mach Corp
preferred—
conv
Prior
*123
*123
9%
9%
9%
43
V
12
412'
12%
12%
*123
—
.
■
;
97/a
9%
'{#?. *91%
■;
92
•*92
-
'
;
15 Va
15%
9%
9%
10
93
12%
*92%.
*123
9%
29%
*6% % 7
>7
15%
6V2
15%
10%
10
21
7%
16%
7
7%
17
16%
$4
280
86
29%
29%
29%
4.200
V
8%
8%
s
*82
85;
*80
31%
*29
31%
*30
87
86
8%
7%
8%
8%
8%
90
.
•'•'
13
Jan
%
Spring Co—No par
White Sewing
'
[■A.
.
4%
25
35y»Jun 13
7 •> 6% July 5
3 ■. 1614 July 3
10
53% July 10
20
31% July 10
24
28% July 10
Feb
20
1
White Motor Co
6,700
r'
Apr
Jan
Jan
Feb
Jan
Apr
Elec Instrument
Weston
* ■•
x91
Feb 7
" 127% Mar 8
*_50
preferred—
partlc
1st
400
29%
<
'
700
32%
108 %
r
103% 103%
1.400
70
-S'
72
*70
103
•
I
r
i
l'7"*29%
*
102%
11%
4%
*.'*•».•'
16'% Jan
Feb
46%
108%
29% -29%
*106% •108%
'
Co__—No par ■"
•
Western
136%
.
,♦
preferred—100 """ 103
Auto Supply Co.,
w-i—lO " * 26%
Western Maryland Ry—>u_100' *
3%
4% non-cum 2nd preferred-^. 100*
7V8
Western Union Teleg class A_No par
41
Class B„—
No par'
22%
Westlnghoiise Air Brake--—No par' [
21
6 %
6
Jan 3
Jan 26
Jan 6
Feb 9
Jan 3
96% Feb 16
" 85% Jan 3
; 113% Apr 1
t
.
West Va Pulp & Pap
1.700
136%
.
*32% ~"34 r '
31
108
108
2.400
',10
"['
30%
45 % \
136%
y;
Jan
83
class A--No par
preferred
--—i-lOO
preferred
—
100 *
Penn.Power 4%%- pfd->—100;
~.r
]
23
f\.. *10%
45%
-
60
108%
;
v 30%
;y:';v .V *4
■
7%
:
80
.80
6%
4 22 Va
.77 i
v 18%
——1
Indies Sugar Corp
West Penn Electrio
•
108%
4
West
100
118
'V"''. 22%
10%
$4 conv
300
10.300
23
1
No par
No par
No par
Snowdrift
preferred
Wesson Oil &
2.700
93%
•93%
118
30%
4 %
10%
136%
33
32%
31
76%
—
t
26%
26% > 26% .26%
25%
r; ;> 24% >•25%
103
102'
101%''102%'
105
28%
f,
23%
;
108%
25%
6.800
;•
No par
No par
5
Wayne Pump CO;
Webster Eisenlohr
600
8%
;?9%
!
:'■:•!* 43
137 -A 137
*20
29%
A
Pipe
Gas Lt Co
Waukesha Motor Co
1.500
.
5
Pictures
Washington
8%
118%
30%
■;:r
26%
25%.
26%
104%
.
*29%
50
preferred
$7
300
v
18%
""
:
-
22%
.10%
27%
*103■
18%
110 18
;
4%
4
10%
26%
*70
Fdy &
\
21
~
110
45%-
*105%
Warren
•
;
No par
Class B
23%
*108%
23
22
47%
.
700
25
No par
cl A
Ward Baking Co
f.
27%
;
30%
*24%
i- 93 % 'i"
*118
27%
33
30%
"
103% i
93 %
46%
*29
Bros
"
4%
*107
Warner
f>
' 94.;
94
-103%
93%
93y«
12%
*135
25
••*
-22%'-23%
•
46%
■
30%
^.
104%
h 104
.♦
.41/4
11%
12.600
*79%-A 79 % f
?•
24%
*108%
33
33
200
12%
"
23
'
.
54%
12%
,,
23% ' 24 Va
25
.
1,900
*53%
54 \*
-18% *
29
29%'
Av8%;;-8%
29%
\v
1%
;t'i8
18%
29%
8%
110
108 %
30
200
1%
: 12%
12%
*24%
X18%
:
.
23%
23%.
*
24%
24%
19•
29%
9%
25
*79 79%
24%-' 25% -A,
94% 95 . .
104%; 104% *
93% 94
118.
118 -
■
•.
30%
24%
31%
•
*9%
9%
1%
54 v
12%
30%
'
.
53%
Ail 2%'
18%
29%
8%
24%
'
—
—
—
--
13
v
24 y2
—
—
—
*31
v:
—
-
1%
11% Majr31
2% Aug 21
62 May 18
15 July 10
33% Jun 27
25 Aug 23
19% July 6
30% July 11
10% July 5
25% Jun 19
83 Apr 5
25% May 31
95 Va Aug 17
106% July 5
97% Aug 1
118 Aug 28
-
share
9% V
*9%
1%
53 %
54%
.
9%
1%
t per share
<
S per share
I per shpre
J per share
8
Jan 27
1% Feb 9
45
Jan 27
11% Apr 24
22% Feb 14
22% Apr 25
15 % Apr 25
"
Highest
Lowest
Highest
Lowest
EXCHANGE
Par
Shares
t per
share
per
9%
10
*53 %
~
—
—
9%
$
per share
the Week
Sept. 8
Sept. 7
Sept. 6
s
*
Year 1943
Range since January 1
STOCK
NEW YORK
Sales lor
Friday
Thursday
Wednesday
Tuesday
Sept. 5
Monday
Sept. 4
Saturday
SALE PRICES
AND HIGH
LOW
—
7% Jan
30 Jan
82 Jan
17% July
41% July
98 Not
19%
37% July ;■?.
16% Jun
—
5%
•Bid
and
6%
this day.
Wisconsin Mineral Spring
asked prices; no sales on
§Name changed to
a
tin receivership.
19.200
5%
5%
Deferred delivery
n
New Stock,
r Cash
sale,
and Miscel
Poretgv
Bonds
Shares
Bonds
872,850
$5,148,100
8,540,000
9,753,000
6,207,600
Bond
Sales
—
Thursday
4,449,440
Bonds
Week Ended Sept.
Saturday
$1,983,000
$29,648,700
$5,672,100
18,000
8,987,000
—
LABOR
281,840
354,915
Wednesday—i
10,327,200
e
Thursday
11,000
6,762,600
f
'rldav
41,000
748,000
17,000
Week Ended
1944
Sept. 8
1943
3,169,100
4,449,440
Bonds
U.
8.
Government
Foreign
Railroad &
Industrial
;
r-
$117,200
$70,100
1,665,000
26,708,400
1,983,000
29,648,700
1944
Sept. 8
1943
6,000
$88,000
$82,000
$31,748,900
•:
$28,443,500 $1,968,808,400
Porelgr
"oreier
^oroorate
.
$2,483,603,725
.
and bonds
Jones & Co.: V
-Stocks-
10
£ndu»
trial*
September
September
September
September
20
Lt
65
Rah
road
tie*
8tock*
indu
6
Oradf
RallE
Rail
107.22
108.94
107.17
108.91
'
Totai
tie*
Bonds
it
Otlli
40
HOLIDAY
HOLIDAY
5
.10
Secono
Grad
trlai*
HOLIDAY
4—-
*
Firs-
Tota
Utlh
2
1943
$2,551,000 $126,378,500
218,000
7,457,000
31,000
926.00Q
$154,654,000
$2,800,000 $134,761,500
$165,928,000
HOLIDAY
146.56
40.48
25.04
52.43
144.42
39.12
24.42
51.37
39.34
51.24
108.94
143.58
107.14
Ij.
24.40
September
39.32
51.24
109.22
143.51
107.10
8
24.49
September
88,000
739,725
10,241,000
1,033,000
.
.
daily closing averages of representative stocks
-Bonds
the New York Stock Exchange as compiled by Dow,
31
Sept. 8
82,000
\
government
Slock and Bond Averages
on
Jan. 1 to
1944
55,277,217
$2,336,000
———
Below are the
listed
1943
48,319,707
1,184,475
Bonds
Juilir*lU.
$2,367,525
78,130,500 y
86,323,600
1,886,034,500 2,394,912,600
$4,643,400
TVu.ai
Total
$2,506,000
765,000
466,000
snares.
216,685,902
.
626,000
529,000
$2,506,000
ot
4tocKs—No
,
185,402,500
$25,000
57~66O
1944
Jan. 1 to
$586,000
$24,000
560,000
1,184,475 f $2,336,000
—;
;
Total
DAY
$562,000
370,215
177,505
*
Total
$31,748,900
$117,200
Foreign
Corporate
Government
Domatv
—
—
f:
Value)
Foreign
SATURDAY CLOSING
*
Tuesday
70,200
.;
Sharesj
8,1944
——
Monday
$18,000
$506,000
429,000
504,000
544,000
Bonds (Par
Week Ended Sept. 8
Stocks—No. of shares
4% May
Curb Exchange
Daily, Weekly and Yearly
of
LAEOR DAY
Wednesday—
Jan
Jan
2
Stocks
SATURDAY CLOSING
—
1,470,260
1,477,770
628,560
5
6% July
distributed. x-Ex-divldends. y Ex-rlgbts.
Special sales, wd When
t otai
Government
Railroaa
Number of
Tuesday.
19
tNumber
Gutted States
Stocks.
Saturday-
3
3% Jan
Transactions at the New York
•O
Slock Exchange
Daily, Weekly and Yearly
Sept. 8,1944
33% Jan
1
Corp.
Co.
Transactions at the New York
Week Ended
s
.No par
:
Corp—
zenith Radio
Zonite Products
•
79.47
78.60
77.97
78.44
110.21
101.46
110.22
101.22
110.22
101.06
110.22
101.24
THE COMMERCIAL &
1096
Bond Record
are
'italic
The
;
for
Interest
Exchange
Treasury 4s
3%s
Trearury 3 VeS
Treasury 3 Vis
3s
Treasury
3s
Treasury
Treasury
27/eS
2%s
2%8—
2%s
2%s
2%s
2%8
2Vis
2V2S
2 Vis
Treasury
2%s—1
Treasury
2Vis
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
;
Treasury 2 Vis
Treasury 2Vis
2 Vis
Treasury 2'/2S
Treasury 2 Vis
Treasury 2 Vis
Treasury
2 Vis
Treasury 2%s
Treasury 2 Vis
Treasury
2 Vis
Treasury
2s
Treasury
Treasury 2s
Treasury
2s
2s
Treasury
2s
Treasury
*
2s
Treasury
Treasury 2s
Treasury 2s
Treasury 2s
2s
Treasury
York
New
104.21
105.18
110.10
110.16
104.8
100 30
111.11
111.23
111.24
111.20
102.13
102.13
J-D
*109.1
109.4
US
106.24
106.12
109.3
111.15
J-D
•111.6*111.8
111.10
elll.18ell.18
111.7
112.6
J-D
*102.23
MS
!
106.13
107
106.16
107.7
103.30
103.30
103.29
103.25
103.17
100.19
100.11
100.17
100
J-D
100.11
100.11
100.8
__
100.12
23
100
1
r
■
16
100
10
100
100.15
100.15
MS
±
MS
100.19
102.4
104.22
104.8
-
•'
..Li.
,■
'0'
.'
.•;'*•
101.26
*101.25
101.26
10L8~ 10Tl9
*101.18
101.20
101.6
101.9
101.10
101.10
100.21
101.10
100.22
100.25
100.5
100.25
*100.19
100.21
assented
Jan
1961
J-J
Hep
1961
■
1961
MS
.
A-O
1962
100.9
100.19
*105
105.2
101.14
101.5"
*100.26
__
6s assented
100.27
100.28
:
fund
1957
' l
•
.
19%
17'/a
25
16%
19%
18%
yy$vhfc 2
aiisti 7
17%
18%
y.
t
N
*
u
M-N
—1962
—I960
of
1928
17%
1927
Jan
J-D
1961
bonds
W;:
.
1947
ACosta
Rica (Rep of) 7s
(Republic of) 5s of 1914
Cuba
External
4%s
loan
external
■
—1951
16%
wks
debt
ACzechoslovakia (Rep of)
,
— -
49
41%
31
120
REctor 2-2300
York Stock Exchange
Teletype
NY
Broadway, New York
§A2d
1-1693
series
5%s
Govt.
1st
Agricultural
Bank
Mtge
AGtd sink
fund
AEstonla
Municipal
A
(Colombia)—
French
_1947
6s—,
F-A
60
60
1
53
60
50%
59%
7s
'
AGtd sink
Akershus
fund 6s
1948
(King of Norway)
A
s
s
f 7s series C
s
f 7s series D
s
f
AExternal
7s
1st
sec
s
f 7s 2d
AExternal
sec
s
f 7s 3rd
f
COllV
8
24
17
31%
32%
25
17
32%
31%
30%
31%
6
5.17
31%
30%
31
;;i7
31
; 10%
16%
30
loan
A-0
j
<
series__1957' <;0.
30%
loan' 4s Feb
1972
>>_1972
of
1927
•
M-S
M-N
:<
M-S
,102
s
f 6s
1955
External
*
s
f 7s
.1955
J-D
IA Brazil
1941
J-D
s
f 6Vis of 1926
1957
AExternal
s
f 6Vis of 1927
1957
A-0
1952
J-D
Ry)
External $ bonds of
No.
1_____1
3%s
Series
No.
2
3%s
Series
No.
3
3%s
Series
No.
4
3%s
Series
No.
5
3%s
Series
No.
6
3 %s
Series
No.
7
3%s
Series
No.
8
3%s
Series
No.
9
3%s
Series
No.
'
■' '•
Series
No.
u
*106%
103
63
32
~~~
13
14
~"
3%s
15
211
Series
58%
"
56%
61%
11
56%
61 %
58%
,:*58%
—
Series
No.
No.
No.
*57%
—
*57(4
:
3%s
Series
No.
3%8
Series
No.
—
No.
3%s
Series
No.
26
3%s
Series
No.
27
3%s
Series
No.
28
3%s
Series
No.
29
3%s
Series
No.
30
For
footnotes
see
pege
I
58%':
1100.
*98%
'100%
89%
84
92
*57%
.
A-O
A-O
60
hloT?
snh
•
57%
57%
J-J
J-D
1949
:.
;U
85
,100%
-100 %
j
100%
*100
101
*35%
30
40
y,
100
1964
A4%8
s
1952
60
55%
55%
57%-
~5
57%
55%
60
59%
15
;
57%
57%
25
57%
57%
58%
58%
10
58
98%
M-N
1957
A-O
*101%
58%
59%
59%
*57%
58%
*57%
—
1
__
19%
98%
95%
2
99%
19
1..18
12 Va
>28%™" 35
16%
28%
1954
J-D
*92%;: 95
88
98%
1943
M-N
♦10%
11%
9%
10%
Q-J
*19(4
18
18
assented
stamped
to
(US)
Nov.
extl
5,
5s of
1942,
AAssented
to
Nov.
4s of
1945
AAssented
to
Nov.
AAssentlng 4s of
AAssented
to
AAssented
to
s
1942,
1942,
1913
Nov.
series
South
External
External
assent.,.
5,
-
s
f 6%s
.
y
f 5s
5s
10
*9%
17
60
56
58%
;
17%
::
16%
10%
11%
9%
10 %
*
14%
16%
12
14 ¥2
—
18%
18%
19
16%
15
*17%
y
11%
14%
,
*14%
J-J
*__
17
y.
M-S
1958
41%
'<
42%
41%
M-S
41
'
J-D
*103
( v
M-N
*100
1959
-32
40
42%
"
1952
7s
>
y
12%
*12%
>
,
17%
16
1959
(City)
f
y
J-J
1933
1942, agree
-V
v .y
A
Wales
s
17%
*10(4
agree
1945
:
__
16
16
agree
5,
ASec external s f 6%s
AMontevldeo
J-D
5,
(State)—
external
Q-J
agree
1954
1942,
1910
Nov.
SATreasurv 6s ol
Minas Geraes
1945
5,
1904
—
10%
*9%
agree
1899 £
42%'
7
„
32 ~
42%
92
103
89
>_y
100
'
'
(State)—
1957
y
1958
F-A
A-0
-99% 100 -
,*97%
99%
3
93 C4
93
For Financial Institutions
FOREIGN
SECURITIES
FIRM TRADING MARKETS
HAUL marks & HO. INC.
FOREIGN SECURITIES SPECIALISTS
50 Broad St., New York 4, N. Y.
58%
59%
60
*57%
55%
59%
*57%
21%
16
75%
23
J-D
Assenting 5s of 1899.
New
17%
95%
58%
*57%
2"2
2~2
10a
16%
1
57%
:
57%
%
—1954
6%s
(Prov) 4s readjusted
A Assenting
A Sec
A-O
;.SS0
f 5s
(Colombia)
A Assented
A
17%
98%
1968
f 6s series A
s
20%
17%
20%
60
57%
57%
39
101% 105%
'105
59%
59%
2
*57%
*57%
58%
57%
lo
i:
100
;84
100% 100%
"100
100%
; 58%
57%
92
86 ('a
A-O
60
58%
~
J-TVCL;
{u'-t
58%
59 %
57
58%
59''"
*57%
*57%
222
"
71%
67%
.
58%
58 %
22
22 2
I_22
2
2
25
83^4
M-S
A-O
20
60
58%
58
*57%
'.:<
212
2
2222
24
Series
22
46
62
57%
*57%
~
23
3%s
60%
*57%
.
57%
22
89%
86%
58%
58%
60
*57(4
21
Series
69
88
61%
58%
59%
*57(4
20
Series
57%
58%
.
75
/"57 V*
—
3% s
23
*58%
,..r
19
3%s
61%
61
"
76
59%
Irrigation—
AMexico
A 6s
17
17
3%s
'64%
61%
58%
16
No.
63%
49 7/a
:
61%
3%s Series No. 18
3%s
■"'47%
12
57
—
\
47%
37
~~I
3%s Series No.
No.
65%
60
60
No.
Series
102
A 58%" 61%
58%
Mexican
98
102 Va
63%
y
:
59%
"
3%s
3%s
-
64%'
;vv> 58%"
12
No.
101
part
Mendoza
93
103
.5 50
112% >
152
*76
M-S
Telephone HAnover 2-0050
1
104 %
*76 y
v\
(
139%
80%
1949
paid
paid
(Republic)
AMedellln
93
100 v8
3
:
108 %
100%
18
147% 147%
83%
1967
AJugoslavia (State Mtge Bk) 7s
101
101
61%
~~~
No.
Series
88
100%
3
102
5V; 63%
•"
3%s'Series
3%s
27 1
-
56
'
No.
96%'
92
20
61%'
—
Series
13
.
63 Va
63%
—
,
100%
65%
—
Sereis
92
104
103
*106%
85%
*
i
106% J
83%
1969
Republic 7s stamped
33%
.
108
87%
1961
7s
21
.
;
103%
85%
1969
(Republic of)
41'/a
78
104%
F-A
1940
series
Irish Free State extl
99%
'*
>_
;
82%
■
32
A;; 6i%
61 Va
58%.
~~
~~~
~~~
82%
55
5
63%
63 Va
58%
1
V> : "
2
A-O
1940
series
part
AGs
•
102
11
■
45
88 'A
88
92'5
31
.
J-J
1942
5%s
unstamped
Haiti
98% 101%
1
226
<*102 7/a
10
3%s
>.
Series
5':"
100%
96%
1944 (PlanB)—
3%s
89%
102V' 102
;■
'
A-0
(Central
external 8s
56%
•v"
96%''
J-J
AExternal
A 7s
(U 8 of)
100 '•
/'
1949
External
30%
34
96%
l
81%
57%
u
.
41%
.
59%
Greek Government—
30%
16%
'
1956
external 6Vis
I 100
V
19
'
100
y4
88
88
f 100 %
,
89 Va
88
A-O
J-J
.19571
External g 4Vis of 1928_
96
F-A
8
5s of '25_1555
17
21
30%
30%
100
1
96%
16
30
28%
H. 86
V
•
'
36
.
5>C
A7s
29%
y
M-N
M-N
•
-r
28
'
30%
A-O
'^'1071' «'i
.>■",?
loan 4s Apr
5s
■v-
.V.
A-0
^iii>_1948! M
4iA«
(Commonw'lth)
External
J-J
'
__
*65%
J-J
1957
1957
series
conv
f extl
Belgium
31%
30%
conv
f exti
S
Australia
30%
32%
V
1945
Argentine (National
V'vS f external 4Vis
8
31%
J-J
1945
*60
__
■'
external 5s
1958
J-D
Government)—
vlo;-.
(City)
AAntwerp
J-J
1945
.
series
•AExternal
M-S
1943
f 7s series B
External
AExternal
:
External
A
A-0
1968
4s
(Dept) coll 7s A
AAntloqula
fund
Customs Admin 5%s 2d series
5(6 8 2d
Foreign
sink
.34
1962
lADoralnican Rep Cust Ad 5%s
8 A 1st series 5%s of 1920
•
42
1955
External gold 4%s
Wertheim & Co.
Members New
Telephone
78
'31
A-O
^
34
*106
A-O
1942
;
51%* j
i
81%
78
V
y :
—
lADenmark 20-year extl 6s
External gold 5%s
5
69%
39%
'•
80%
vy.'
—
:<
69%
6
41%
81%
<
57 *4
5
■'
>
"40%
y.:_
?
17%
27%
57 %
49%
42
5— -5;
;
y16
■
42
..
l
-
>
J-D
1952
14%
.5:.;
y
•
16%
16 %
A
68%
*68
vAv;
49%
J-D
8s ser A-1951
ASinking fund 8s series B
15% ,18%
17 v« ; 18%
15% .18
■;
29
15
68%
—
■
::,y
*28%
68%
J-J
1945
.
•;
17
r
M-N
1977
23
,
A'1"."
.
17
15
F-A
1953
5 %S
.
17
--Vt.;
'
—
A Public
,
.
18%
.
18 Va
16
;i7% ; 18
20
17%
*16%
M-S
1949
18%
17
y5>5
16%
16%
M-N
1949
4%s
Sinking fund 5%s
Foreign Securities
16%
-
M-N
._1953"
18%
16
38
>•':
17%
i
?
W—
19%
; 16% ; 19
13
-
16%
—I— '
16%
''
J-D
25-year gold 4%s
19
19%
& 17y
16%
F-A
1952
1946
19
16%
:
A-O
—1947
17%
*16%
A-O
A
Sinking fund 7s of 1926
■
ASinking fund 7s of 1927
Copenhagen (City) 5s
V
*5
*16%
'
16%
J-J
1970
20
1G%
6
17%
17%
A-0
AColombla Mtge Bank 6%s
114
108%
51
1127/8 113%
r
M-S
*
Oct 1901
of
f $
17%
17%
19%
17%
M-S
•
i960
A 6s
s
10%
23
20
17%
M-N
—1951
19%
16%
"•
A-O
>
.
__1962
(Hukuang Ry) 5s
(Republic of)—
-
17%
20
17%
16%
f'-ixs oa17%
(* 4
~'.
17%
17%
A-O
1961
6s
-AChilean Cons Munic 7s
A 7s assented
Chinese
17%
17%
'
17%
.J-D
1961
assented
3s external
'
19
18%
J-D
A6s
112%
16%
5yy 1
'
J-D
—1961
19%
18
2
18%
>
17%
•'•«.>,
•/
'
37
.
17%
J-D
sink fund 6s
18
1
18
'
101 Vk 105%
> 17%
'
V
M-N
1981
A6s assented
A 6s
A
48%
18
'
Jf-N
—1957
6%s
2
'
'
1963
A Guaranteed sink fund
Colombia
J-D
>
103 Va
is
;'
18%
F-A
•
1963
A6%s assented
y
100.28
100.18
sinking fund. 6s
6s assented
Sinking
:
'I
J-D
sinking fund 6s
A6%s assented
10U2
100.14
>_
>
4
'
assented
A Guaranteed
*101.12
v
104%
A-0
6s
f es_,
s
AChlle Mortgage Bank 6%s
'
J-D
•
*41
ys
1962
A
'
J-D
103%
103% 1031/4
18
MS
Sep
100.16 100.19
MS
10 Z ('8
J-J
101.26
101.28
MS
1980
.
F-A
1961
A
\
j
■
,.
1981
AExternal
104.8
101.29
*101.27
J-D
102%
'103% 1037/» ;;
—
A-O
1901
A
10T5I 10T5I
*101.28
*104.20
103%
A-O
Feb
AExternal
*
A
MS
103%
101%
—
y>_
J-D
J-J
106%
101 %
102% 102%
'102
M-N
Feb
a
104.9
*102.2
__
104 (6
'102% 102%
M-N
Jan
100.20
*104.7
J-D
MS
6s
assented
A«s
107.11
100.2
7
12
104% 105
103%
i960
62%
50
110%
103%
I960
y
1
108%
102%
J-J
1043
f 7s
s
6
:
20
j-j
1942
External
88%
61
J-J
1954
sinking fund
~r.3
107.3
107.9
100.19
1958
AExtl sinking fund 6s
106.9
106.25
»
1953
15
assented
AExtl
102.7
*106.23
J-J
(Rep)
15
Jan
8s
86%
73%
83%
J-J
Jan
—:
(City)
73%
61
M-N
1948
15
87 %
10
109% 109%
J-J
1968
86 Va
72(4
82
83%
J-J
1967
J
2
81%
v
A-0
1961
Any external
100.18
*102.5
*106.10 106.12
J-D
J-D
3%s
3s
3s
72
36
_J
,
95
y 90
-
80%
61
yy
/
99%
98
y;
95% 101
—
79%
*
79%.
81%
M-N
J-J
.
1960
Jan
A6s
100.14
100.9
30-yr 4s
17s assented
100.11
100.14
28
(Dom of)
AExternal sinking fund 6s
y
City
Corporate Stock
■
1984
3s
Transit Unification Issue—
3%
1979
92
79%-79%
79%
•
,
High
Low
92
98
*96%
V
January 1
Nc
99%
■
*90%
A-O
r
y
Range Since
Sold
.. .
High
*94
'-i
M-S
1970
3s
100.12
100.11
100.12
100.12
V
Bonds
Friday's
100% 101
M-8
ACbile
>100.9
100.8
J-D
J-D
M-8
5
1961
s
2%s
100.11
■
J-D
F-A
103.22
*100.17
„
1977
25-year
104
*103.23
J-D
F-A
1950
f 4(4-4%s
s
A Carlsbad
MS
1958
1976
30-year
30-year
V
107.7
M-S
„
f 4(4-4 %s
Canada
106.31
107.7
107.7
MS
"
106.24
MS
1957
3% external s f $ bonds
;
103.9
106.16
*106.30
.J"
102.28
*106.11
:
J-D
102.25
" or
-
Sale Price Bid A Asked
Period
''
External read) 4%-4%s
External s f 4%-4%s
111.13
3-D
f 5s
s
stamped
Refunding
109.12
111.9
-
111.6
*111.4
__
A 6s
103.11
106.10
Last
Interest
fund gold 5s
External
112.13
102.13
*106.8
Exchange
y
Sinking fund gold 6s
Buenos Aires (Province of)—
104.20
100.30
(City)
Sinking
110.19
104.8
MS
.1945-1947
M
series
104.17
104.8
—
..
J-D
-
106.9
Brisbane
102.29
105.9
*110.8
..
>
MS
J -D
Owners' Loan Corp—
101.15
104.29
MS
..1952-1954
lVis
101.5
MS
.1953-1955
June 15 1948
Home
High
100.30
J-D
Stock
Low
111.23
*104.15
J-D
J-D
2s
<
Treasury'l%s
Low
<110.29
NO.
High
York
New
5,'i.yy
*104.27
-
M-S
Treasury 2s
Treasury
BONDS
*101.3
J-D
,
8
January 1
Sold
110.24
*110.22
l-O
1954-1956
1956-1959
1947
.Mar 1948-1950
Dec 1948-1950
Jun 1949-1951
Sep 1949-1951
Dec 1949-1951
March 1950-1952
Sept 1950-1952
.1951-1953
1951-1955
2%s
Treasury
occur. No account is taken of such sales in computing the range for ths roar
mature.
september
ending
Range Since
Bonds
Friday's
Low
1047-1053
1944-1954
1946-1950
1946-1949
1949-1952
1946-1948
1951-1955
1955-1960
——1945-1947
1948-1951
1951-1954
1956-1959
>1958-1963
1960-1965
1945
1948
1949-1953
1950-1952
1952-1954
1956-1958
1962-1967
1963-1968
June 1964-1969
Dec. 1964-1969
——>.1965-1970
1967-1972
1951-1953
1952-1955
Treasury 4 Vis
Treasury
or
gale Price Bid & Asked
S. Government
U.
Treasury
Last
;
Period
week
Week's Range
Friday
BONDS
York Stock
New
YEARLY
-
letters in the column
range
y
WEEKLY
-
Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions of
Income and defaulted bonds.
of the regular weekly range are shown in a footnote In the week in which they
headed "Interest Period" indicate in each case the month when the bonds
week, and when outside
the
Interest"—except for
"and
Monday, September 11, 1944
New York Stock Exchange
«»
FRIDAY
Prices
KnTirR
FINANCIAL CHRONICLE
Teletype N. Y. 1-971
y
100
99
'
Volume
YORK BOND RECORD
NEW
range
Interest
Exchange
Stock
Last
,■
txttrnal
1956
dink fund 4VfeS—
(City)
(Rep)
A Pa llama
exu
1
a
os>
1
mod 3 Vis
Stamp
to_.
ext
Ext sec ref 3%s series B
(State of)
APernambuco
7s
iRep of) external 7s„
Nat loan extl 8 f 6s 1st ser
A Peru
A
Loan extl
A Nat
1940
1958
1947
1968
1950
1963
assented
't A4 V2S
Stabilization loan s f 7s;
A
%s assented-.
A4
A
A
fund
gold 8s
assented
4%s
External loan
7 Vis—
A8s
extl loan of
A 6s
1921
of 1926
A7s external loan
8s
(City of Brazil)
a6Vis extl secured s f
8s
fASan'Paulo (State)
A 8s external
A4
23%
60
% s assented
*12 %
5-:
24%
*30'/a
35
24'4
conversion
1979
-
44'4
1
*55
*
<'
102%
44'/2
18
102%
102
63
39 34
41
48%
48%
40%
17
M -N
—
MS
>'AInc mtge 4%s
30
V
Af-N
V
34
93%
44%
Buffalo
40%
39%
1
38'%'
J-J
39%i;<
A-0
64 %;
35%
50
50
44
;
30
40%
56%
68
40%
66 %
12
16
15
12
*15
101
102
*90
;
Consolidated
•88
California
91
75
76%
76%
76%
74
F-A
.77%
1984
1958
J-J
*66%
F-a
*19%
1958
F-A
18%
65%
60
76
80
66%
,:;5
77%
79
,
-
62
10 V'
103%
F-A
4
■
Guaranteed
20% V
44%
95
25%
2
28%
21
89%
99
69
85%
86
93
21%1
•
14
98
99
80
81%
6
87
88%
6
104% 104%
26
•
—
J-J
—
A-0
trust
104%
A-0
-1966
';:V
A-0
gtd 5s A__,_1962
-1957
1969
.
'
1953
V; ASiamped
.
J-D
J-J
4%s
*117 Va
A-0
-1951
J-D
v
•
1
6
94%
3
94%
94%
—1960
US
-1949
J-J
-1965
M-S
*108% 110
-1950
4%s
J-D
M-N
*
103
J-D
103% 103%
10-year deb 4Vis stamped
Great Southern 3V4S
1946
F-A
104
104
1967
1972
M-N
106
/ 106
m
109% 110
14
8
89%
Alabama
mtge
1st
3Vis
Albany & Susquehanna RR
registered—
3'is
1948
A-O
A-O
3Vis—1946
i—1946
Allegheny Corp 3%s sec conv——1954
Alleghany & West 1st gtd 4s
1998
Allied Stores Corp 4'/2S debs
1951
Am
&
—2030
—1949
Foreign Pow deb 5s
G Chem conv 5%s_;
Amer I
Telephone & Telegraph Co.—
American
-—1961
1960
.—-..1950
Amer Tobacco Co deb 3s
1962
Am Wat Wks & Elec 6s series A—1975
A Anglo-Chilean Nitrate deb—
1967
Ana Arbor 1st gold 4s
1995
Ark 81 Memphis Ry Bdge & Term 5s 1964
3 Vis
debentures-
3'is
debentures
3s
debentures
conv
Armour & Co
7s
1955
(Del) 4s B
4s series C
Atchison Topeka &
Stamped 4s
—
gold 4s of 1909
4s of 1905
82
viv:'v
'
A-O
10.9
J-D
M-S
73
114
Jan
104% 105
.
112 ,j»
1948
1948
1953
4s
mortgage
deb 3s—l—
:
'
103%
15
-
105
114%
63
3;
92
-i-
■
,
76%
'
104
'
105 % 105%
113%
38
105
105%
106%
51
112%
124'/4 125
115%
118%
M-N
106%
J-D
•'
-
106%
>•
109%
109%
111
110%
113
J-D
1
--
—
•'
-«.•
■■
—'
J-D
'..w.
;
84%.
84%
88
.
105'/a 105%
105%
13
> 40
40%
j-j
....
M-S
/
40%
34%
9
ZJ
37
:
33%
103
Stamped modified bonds—
.
1st mtge gold
(int at 4% to
Oct 1 1946) due
—July 1948
87%
A-O
;
90
v
Dec
1
'
1946)
1950
1959
due
Toledo Cin Div ref 4s A
Jan
to
Bangor
;
1
1947)
& Aroostook
RR—
1951
Con ref 4s
4s
stamped--
-1951
-
1st 3%s_„
Bell Telephone of Pa 5s series C_
Beneficial Indus Loan 2'As
Beech Creek Extension
2%s
J-D
.
Af-8
36%
M-N
82%
65%
V
J-J
J-J
■
48
90%
.'7
•
41
168
41%
.121
51
35
37%
83
1st & ref 4%s series B
63%
82%
5s series A
ref
&
:.
81%
1960
A-0
•*
.
AGen inc mtge
2..
•-
'
-
A-O
./
.
90
-
130'/a 130'/a
?
.
' 101
... -
1st
&
'(
'•
64%
59
T
59'/a .;
44%
64
84%
76
85
gen
I
.
r
...t
90
89
;
i
J-J
106 y8
F-A
;•
5.
•
•
7,
102 *
130'%
100%
101%
100
101%
31
101 %
103'/a 103'/a
I.
98%
128
103%
106%
*101
/
'lOG'/alOO'/a
9
*103
103 %
105% 105%
3
35%
26
'83%
*80
-
Jf-S
106
96%
-
j-
108'/8
97
74
72%
-87%..
88
100
101% 102
101%
109%
100
15
•75
87 %
83
-
30%
104'%
109'/a
*__
10214
138'/a 138%
3
132'/2
139
106% 106%
106%
44
106%
109'/a
105'% 107 *■
101%
104 ■:
104%
106%
106% 109
3
108
108
103% 103%
*103 '/a
A-0
4s
4.«
May 1966
1950
105 JO
19
/
May 1 1989
l
-
J-J
1 1989
1 1989
1 1989
J-J
J-J
J-J
F-A
A-0
,
J-J
J-J
JASecured 4V2s series A.....
AConv gold 4 %S
Chicago St L & New Orleans 5s
Gold
Income
guaranteed 5s
A Certificates of
A-O
1934
1952
1960
1951
M-S
Af-N
J-D
—1951
1st 5s—1960
—Dec 11960
deposit
64%
22
11%
10
13
——
s
J-D
J-D
M-8
—
78%
14%
182
14%
101
87
12
74%
86
12
69%
82%
137
76%
89%
83%
41
76%
89%
83
84%
20
77%
90%
52%
51
55%
1.258
45%
64%
12%
12
13%
946'
11%
104% 104%
52
101%
79
...
74
10%
5
100% 100%
83%
r.10%
1
68
65%
47%
45 /
74%
13
76%
79%
73%
72%
73%
81%
80%
84
80%
83
104%
66%
*103
67%
44'/a
7%
1
41%
4 5'/a
81
75%
67'/a
38%
64
61%
16
70%
39 5A
8
67%
75
822.
36'%
46%
47%
112
39 %
8'A
124
7%
*95
—w: ■'
90'%
96
*83
84
82 V8
82'/a
91'A
91 Va
71%
'71%
■
'
82%
91'A
»
104
169
71"
68'A
104
103%
104
66 %
77%
103
105%
70
—
17%
107
63'%
1.038
67
63%
*103
J-D
—.1951
3 %s
Memphis Div 1st gold 4s
V
J-J
...—1988
deposit
Chic T H & Southeastern
47
9
67%
F-A
...
1.
of
54%
88%
50
53
128%
76%
11%
100%
63%
125%
35
.63
1st 5s
4s' Z
ACertificates
109
48
72
83'%
68
J-J
J-J
Valley Div
stpd
_._r-1927
RockTsland & pacific Ry—
AGeneral
:/
110%
92%
81%
*__
J-J
1 1989
conv
ISAChicago Railways
25% part paid...
84%
■
50%
V.i .48
r.c-f
__
J-J
J-J
J-J
Jf-N
J-J
J-J
income 4%s—..1999
4s
„.1969
Sioux City & Pacific Div 4s—-.1969
mtge
110%
127 -*•—
J-J
Chicago & North Western Ry—• ..
1st & gen mtge As ser A—._-__-1989
Plaines
98
57
109% 110%
108%Vi>il08% 109
:
106a?
105%
24
109'108% 109%
81% cC.
106%
103
;> 67
110%
Jf-N
J-J
100%
103
F-A
F-A
J-J
106J2
__
Jf-S
48 %
30%
102
15
105% 105%
109 JO
ih.y\
121%
21%
399
26%.
105% 105%
■
126%
120
—
6
105%
Paul—
A
*$Chic Milw St Paul Si Pac RR— /,
AMtge gold 5s series A
...1975
AConv, adjustment 5s
Jan 1 2000
Des
121%
105 JO
J-J
1960
5s series A
B
series
—
24%
25
J-J
1947
gold 3%s series B__May
AGen 4%s series C
May
AGen 4%s series E
.May
AGen 4%s scries F__
May
^Chicago
73%
3
1
Ry—
& gen 6s series
AGen
59% 7.
10
-
22
104% 105%
104%
M-S
M-N
v F-A
Refunding
A 1st
94%
74
i——
:
F-A
■
2038
4%s
tChicago Ind & Louisville
ARefunding 6s ser A
92
56%
•
A-O
1965
~
1982
Chicago Gt West 1st 4s series A—1988
39%
17
82
27%
104% 104%
a-0
Jf-N
1997
IA Refunding* gold 4s
1951
'
Chicago & Erie 1st gold 5s_^
,48%
23
82
81%
7;
29%
26
.......j
& Eastern 111 RR—
A Gen mtge iuc
(conv)
l057/a
57
V
118
-
28
37%
Chicago
89%
31%
430
89
39%
28
26%
"?r
1949
1958 ;
1977
1971
registered
2nd
79%
7
82
46%
94
50%
30
79
28%
1949
1st
.*
65'/a
.
41%
237 i
56%
49.
J-J
1949
;
4s
Chicaeo Ind & 8ou 50-vear
73'/a
156
51 %
80%
;;
81%
•*
J-J
A-O
1959
Division
AGen
48%
•
80
;
J-J
1950
1100.
2 53%'
50
F-A
•
49%
...1952
3%s series H.
footnotes see page
! 48 %
54%
jf-s;
1960
For
'V
J-D
debs
mtge 3%s series F——
ConsoLmtge
49%
■
J-D
...1956
debentures—
Beth Steel 3Vis conv
Consol
89
31%
___
1949
registered.
104
-
.-Ref 81 gen ser C
/
-; •;
30
30%
'
gold 4s
JChicago Milwaukee Si St
A-O
A (int at 1% to
due
—1995
(int at IVfcfr
to Dec 1 1946) due
1995
Ref & gen ser D (int at 1% to
Sep 1 1946) due
2000
Ref 81 gen ser F (int at 1% to
Sep 1 1946) due
1996
A Conv due
Feb 11960
Pgh L E & W Va System—
Ref gold 4s extended to
1951
S'west Div 1st M (int at 3%%
r
"
70%
116
88
93%
92%
J-J
1992
1996
1996
1st cons gold 4s
107%
i:t -1-
"
Ref St gen ser
85%.
112
83%
28
"J-J
gold 5s series B—1947
ARefunding 4s series C
.1947
& Ohio RR—
July 1948
34%
110%
93
*126
a
gold 4s
16%
23
297/s
111'/a
4-0
*122'/a
4s
B
1st mtge
J-D
J-J
J-J
■(
--
105 A
1
103.',
56
J-J
3%s
105%
■
21
35
•103
103
16 '/2
49
1989
Illinois
89%
•
.^t 29
105 J?
11
5
J-J
.
;>uo5jj
105%
j-7
90%
iPtr'69
123
105 A
M-N
104%
■m69:si*,
101 % 103%
102
K
''
•106% 107
M-S
38
49%
I960.,
5s
General 4s
M-N
11%
49
1962
Illinois division 3%s
111'/2
106%
111 % 111%
11
...1989
t A Chicago & Alton RR ref 3s
1949
Chicago Burlington & Quincy RR—
111%
*112% 112%
..l-.y
^
11
1946
2d consol
*111
v*vr
J-J
A-O
A-O
F-A
113 >'■
; 1
Ul'/4 111 %
—r*'
50%
10%
Guaranteed
115
13
112% 112%
112%
91%
37%
35
F-A
125
-1^.
"
79%
119
A-0
A
Baltimore
Y Power 3%s
R & A Div
53
/
...
*112% 115
'19".
11%
1987
Potts Creek Br 1st 4s
124%
85'/a
46%
1987
Chesapeake & Ohio Ry—•
General gold 4Vis
;
Ref & impt mtge 3 Vis D
Ref & impt M 3%s series E
107
10
113% 114
105%
-
10%
VSACentral RR Sc Banking ,5s stmp_1942
Certain-teed Prod 5%s A.i
.194«#
105 V* 105 »/4
F-A
82
1987
gold
104
92
102%
''J.
*104'/a
101 %
1
44%
Through Short L 1st gtd 4s_...^1954
:
70
:
:
registered
N
68'/a
53
1
11
Central Pacific 1st ref gtd gold 4s_1949
;'
107
vt?
7
'
MS
110%
n
68
68
•
•
;
■>
82%
1937
4s
AGeneral
Central
124
■
62
104
44%
1961
1st gtd 4s
registered
5s
,
110
-
New Eng
t A Cent
95
115%
62
104
—
106
M-N
1966
JACentral of N J gen gold 5s
■
105%
108
26
112'/«
*91'/a
68
Q-J
J-D
Atlantic & Danville Ry 1st 4s
81%
107%
,105% ,105% 105%
103%
40
1959
Illinois Light 3%s
Central
4s
119% 121%
J-D
1st gold 5s
Atlanta
& Charlotte Air Line
1st mortgage 3%s
—1963
Atlantic Coast 1st cons 4s
July 1952
General unified 4Vis A
:
1964
L & N coll gold 4s
Oct 1952
Called (Nov 1, 1944)
—
Atl Knox & Nor
-
106
86%
119%
112'/a
—1960
1958
1946
Ry—
10)
•
F-A "
'
AChatt Div pur money gold 4s__1951
AMobile Div 1st gold 5s
-1940
106%
103
2
109
104%
69
52
66 Va
.
107%
1959
■;,/ ARef & gen 5%s series B
'
21
A-O
110%
,.104%
u..
—
J-D
.1945
ARef & gen 5s series C
'
•
J-J
...Nov 1945
mtge 5s
102%
103%
108% 109%
108% 109%
M-N
114%
109
L—
,''
106%
t
*63
\
J-J
-1948
1948
100%
-
j'.v /
—1955
:
67
'
94
93
1st gold 4s
8 A Consol gold 5s
17
104'/a 104'/a
104'/a
105
98
fCertral of Georgia Ky—
102%
103%
;
103% 104
93
M-N
AO
gold 4s of 1910
Trans-Con Short L 1st 4s
Second
MS
i
Nov
Conv
Atlantic Refining
90
*80%
,
-i-.
•
A-O
——.—1995
1955
A 1st
110
101
1
104'/a 105 %
A-O
——-1995
4s
106%
107%
>100%
F-A
1995
gold
103 Va
89%
Santa Fe—
Adjustment
Conv
,
104'/a
v
102% 102%
105
;
F-A
Corp 3%s debs
1962
-1955
debs. __...._.__1955
Branch U P
A Cent
103%
6
A-O
—.1978
General 4s
Conv
A-O
1981
.
Celotex Corp 3%s
100 %
*98'/a
J-J
income debentures
Y.'A'f', 7,1
.
100% 1021/2
''::h
A-O
(Del) .1957
fund
sink
1st
/'(■
J-J
1948
Albany Perfor Wrap Pap 6s
6s with warrants assented
•103%
Celanese
J 104%
103%
Af-S
Power
__
5s w w_..
97
100% 105%
•111%
•
•
89%
68%
27
89%
87%
.
coll tr gold 4s—1—1948
1947
Alabama
Ohio 4s
& Gen Corp
*109
114%
84 %.
14
104'/a 104%
F-A
117%
.108% 111%
2
109
109
119
111%
■
118
116%
115%
*
115% 115%
•
?109
118%
116
116
—
117%
112% 112%
r-y.
F-A
.1946
^
4%s
118 Va
1
•116% 116%
J-J
-1956
4%s
108%
116%
116% 116%
116%
109%
95%
18
116% 117
J-D
-1955
104%
107%
__
Coll trust 4s of 1907
Adams Express
28
34
107 V*
107
107
120
109
*119%
29
-
101%
*108% 109 Va
;
J-J
Oct
Cart & Adir 1st gtd gold 4s..
.
1953
63%
55%
*21%
A-O
1968
3%s
Power 4s
cons
Clinch &
Carolina
Carriers
r
109%
25%
—
■
1
deb stk perpetual
Can Pac Ry 4%
Companies
,
112%
'
—
-
fAbitibi Power & Paper—
§A5s series A plain
107
110
52'/a
7:53%
7;
A-O
A-0
Canadian Northern Ry deb 6%s
Collateral
Railroad and Industrial
102%
103 %
109
*109%
Af-N
■
tJACarolina Central 1st gtd 4s
*
112%
94%
111
*110
J-D
gtd...i.^.«.
Power
gold
gold
gold
Guaranteed
22% "
10
18%
Elec
Southern
Guaranteed
59
;
4*
103% 103%
.
.
Af-N
Guaranteed gold 5s
__
22
101% 102
104%
108
3
at
5s
Canadian National gold 4%3
Guaranteed gold 5s._.
76%
76%
60
76'/2
74
2
10
75
102%
16
110% llO'/a
•
J-D
A 1955
California-Oregon
Canada
74
!
- ""
__
102'/a 102%
102%
'
1947) due.—...-1957
Bush Term Bldgs 5s
91
89
Af-N
Af-N
58%
110
'
•100%
Af-N
63%
41%
108%
102
M-V
J-D
108%
v
;.l
5
4
108% 108%
21%
/,
91
Af-N
48
Af-N
1952
17%
91
24
*91
F-A
94
52%
'
25
10
20
101
J-D
12
11
30
*24
83%
36
58 Va
48
F-A
1934
18%
11%
13
15%
15%
15%
(interest
modified
to May 1,
3 c!o
JBurlington Cedar Rap & Nor—
§ A 1st & coll 5s
; ACertificates of deposit..
Bush Terminal 1st 4s
39%
;■{ *'64%
J-D
Niag Elec 3%s series C
Stamped
-
33
gold 5s
1st lien & ref 5s series B.
•:
39
44
3
M-N
>,
12
49%
43
56%
Buffalo Rochester & Pgh Ry—
30
M-S
99%
65
92%
7 57
•
105
96%
90'/a
F-A
Af-N
102
101
91
;
M-N
High.
u^w
92'%
5
100
>96
J-J
1947
1950
1957
.1981
1967
Buffalo Gen Elec 4%s
5
1978
a4Vis assented-.
42%
15
3'i? extl readjustment
external 7s
Debenture
44%
*48%
■».»[
—
f-a
43%
91%
39%.;,', 39%
M- N
34
44%
48%!;/;' 48% 48%
<
J-J
1st lien
January 1
AO.
'■
6s series A
& ref
High
*103% 105
A-O
1961
1960
-July 1970
ser A.
40%
*90%
—
J-J
48%
100
Range Since
Bonds
Sold
Friday's
100 1
M-N
1955
Bklyn Edison cons M 3%s____
1966
Bklyn Union El 1st gold 5s
.1950
Bklyn Union Gas 1st cons gold 5s_1945
41'/a
5
__
Af-N
V
■
} A Boston & N Y Air L 1st 4s
45%
35"
42'4
or
Sale Price Bid & Asked
M-S
1967
..1955
81%
43%
37/8-4 Vs-4-flj extl conv
4-4%-4Vas extl readjustment
(City)
1st
50%
39
42%
-
Last
Interest
Period
gold 4%s scries JJ
mtge 4s series RR
1st
44%
103
'/"• 29'.;,
V 4//42%
42%
J-D
Week's Range '
Friday
■
•
1st 5s A C
1st M 5s series II
45
,
.
34
4
38%
/
^
Stock Exchange
v:.'■•v.
y,
Boston & Maine
35,;
27
45
44%
39 34
V
A-O
<
.
Teletype—NY 1-310
Bell
Low
26%
; /: 50 ■
.100'/a
60
BONDS
1-.
26
36
.
J-D
1978
>.
6
—
31
12
44%
V-.;!
:.r;.
f-a
v
v-.»
York
New
:
1
New York
14
"2
44 %
44'/4
a-o
1979
readjustment
External
Exchange
Telephone—DIgby 4-4933
32
($ bonds of 1937)—
External
Slock
York
Members New
.5,,
Broadway
:
26%
28
12%
VV v1
24
f-a
1960
1964
External sink fund 6s—
3%s-4-4%s
AWarsaw
11%
'>
J-J
Af-N
1958
1958
1955
1940
extl 7s
(Prov of)
Uruguay (Republic) extl 8s
A External sink fund 6s
A
24 %
J-J
Sydney (City) s f 5Vis
A
24%
17
*31'/a
J-J
1950
A7s extl water loan
1956
A 6s extl dollar loan
1968
§ A Secured 8 f 7s
1940
Serbs Croats & Slovenes (Kingdom)—
a 8s secured external
1962
a 7s series B sec extl
1962
A Silesia
16'A
41
*10
J-D
1967
1964
1952
—1957
1936
loan
Santa Pe external sink fund 4s
municipal
Paulo
111
A-O
>
1946
1968
1960
external sink fund gold
ASao
19%
19%
61
(State of)—
Rio Grande do Sul
A7s
25
'
*25
1966
L.
16%
a-0
7%s—1952
Queensland (State) extl 6s
1947
AR10 de Janeiro (City of) 8s__—1946
A Extl sec 6V2S
1953
y
19%
31%
25
a-o
(City of Greater)
APrague
19%
14
20%
41'/a
*20
..
.
42%
41 Va
■
a-0
1961
Alegre (City of) 8s
APorto
A
sink
External
J-D
'
97
105%
104 '4
13'/a
20 y4
;
PFLUGFELDER, BAMPT0N & RUST
94%
88%
24
96
19
41'/8
a-0
;
1961
gold 6s
(Rep of)
lAPoland
96
MS
';
'90
87
'104%
M-S
"
-
.
Railroad Reorg,anization Securities
98
*92%
Af-S
\
7"
V
•
V: a' 'V
*92'/2
J-D
',
^
•,.
88
L." /.. 83
90
•■
■
i
■
s
100
94
88
*81
—
.
'•■■
.
.
..
100
96
'./'•*• ~1
'y-;< 2
98
*87
Af-N
8
High
98
100
96%
A-Ok
1960
LOW
1
January 1
100
100
J-D
1963
1994
1967
__:_1947
1959
f 6s 2d ser
s
*99
—
rAf-N
■
A_xaoJ
aci
Stamped assented 5s
A
f-a
1970
1955
Municipal Bank extl s f 5s
Oslo
A-O
1963
loan
Af-3
1965
4'As
iuna
smk
fund extl
sink
4s
4%s__—
(Kingdom of)
Norway
Sold
Vo.
'
Uish
LOW
;
Range Since
Bonds
Friday's
or
Sale Price Bid & Asked
Period
september
ending
week
for
Week's Range
Friday
BONDS
York
New
1097
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4315
160
74'A
71%
.,
51'%
11%
100
85
„
1
64'/.
85
5
72%
92%
15
59%
78%
59
77
'
THE COMMERCIAL &
1098
york
new
RANGE
Week's Range
or Friday's
Friday
BONDS
Interest
Stoclf Exchange
New York
Period
Last
bond record
1983
1963
-*952
1962
Sold
Low
Period
January 1
Nq.
High
3y83 series F
Chic & West Indiana com 4s
1st & ref 4'As series D
1st mtge
1943
t§AChilds Co deb 5s
§ A Debenture 5s
JAChoctaw Ok Si
Cincinnati Gas Si
1957
1952
Gulf cons 5s
Elec 3'As
1960
3'As
Cln Union Term 1st gtd 3'As D—1971
1st mtge gtd 3%s series E
-1969
Cleve Cin Chic Si St Louis Ry—
General gold 4s
1993
General 5s series B
1993
Ref & impt 4%s series E
1977
Cin Wab & M Div 1st 4s1991
St L Div 1st coll tr gold 4s
1990
Cleveland Eiec Ilium 3s
1970
Cleveland & Pittsburgh RR—
Series C 3'As gtd
1948
Series D 3'As gtd-General 4'As series A
1977
Gen & ref 4'As series B
1981
Cleve Short Line 1st gtd 4'A 8
1981
Cleve Union Term gtd 5'As
197^
1st s f 5s series B gtd
1973
1st s f 4'As series C
19.7
Coal River Ry 1st gtd 4s.—
1945
Colo Fuel & Iron 5s lnc mtge——1970
Colorado & Southern Ry.
1st mtge
""JonS
——
1980
May 1952
(stamped modified)
Columbia G & E deb 5s
41/0S
—*961
Debenture 5s
V 1st extl gold 48-1948
Columbus Si Sou Ohio El 3 As——1970
Columbus Si Tol 1st extl 4s
1955
Commonwealth Edison Co—
1st mtge 3%s series I
1968
Conv debs 3y2s———
1958
Conn Ry & L 1st Si ref 4'As_
1951
Columbus & H
Power s f 3%s A ----1961
Consolidated Cigar 3'As s. f. dcbs_1953
Consolidated Edison of New York
3'As debentures
1946
3'As debentures
1956
3'As debentures
—
*yh°
Consolidated Oil conv deb 3'As
1951
Conn River
1954
deb 4s
jAConsol Ry non-conv
1955
ADebenture
iy56
ADebenture 4s
Power Co—
Consumers
1965
1st
mtge 3'As
mtge 3'As
1st
mtge 3'As—
1st
mtge 3'As------
1st
J9™
}966
f debs.--3'As s f debs_
| ACuba Northern Ry 1st 5'As
ADeposlt receipts
ACuba RR 1st 5s gold
ADeposit receipts---—A7'As series A extended to
ADeposit receipts
A6s series B extended to
ADeposit receipts
Curtis Publishing Co 3s deb
J969
1950
1955
1942
Co 2'As s
Crane
Crucible Steel
*—
1952
----
1940
-----
1940
-----
1955
104
ctfs
Friday's
j-J
2015
J-J
Gen
108
Gulf
mtge inc 53 series A—
& Ship Island RR—
101
31
78'A
15
55
82
A-O
76
79'A
15
53
82'A
59%
12%
17
89'A
101
32
66
88%
98
1
110
•' 98
111'A
'
ref Term M 5s stpd—. __1952
j-j
*97%
1969
Jf-n
110% 110%
1999
J-J
&
68'A
65
13
82%
Hocking Valley Ry 1st 4%s
77'A
High
Low
3
100 y8 101
—
January 1
__
12'%
Gulf States Util 3%e series D
1st
A-O
Sold
No.
__
12%
—
Range Since
Bonds
High
*69
Feb
B
Gulf Mobile & Ohio 4s series B—---1978
109
104%
1
105% 105%
Feb
West deb ctfs A
^Debentures
108
60
108'A 1U8'A
108 %
J-J
MS
or
Low
110%
102%
*104 'A 105 »A
J-J
Week's Range
Last
Sale Price Bid & Asked
High
108%
17
108% 10894
168 3A
j-j
Friday
Interest
Exchange
New York Stock
Range Since
Bonds
AGreen Bay Si
Chicago Union Station—
1st mtge 3%s series E
8
SEPTEMBER
ENDING
BONDS
.gale Price Bid & Asked
Low
WEEK
FOR
Monday, September 11, 1944
FINANCIAL CHRONICLE
'
„
72
68'A
Jf-N
1
68'A
110
j;-n
111
111
*106'A
f-a
*111
H
111%
106%
112%
110% 110%
1103A
109%
108'A
*108'4 109
F-A
J-D
—
1937
88%
101
■7,1
93
J-D
70
69'A
J-J
10
99'A
HO'A
.1949
M-N
70%
188
57'A
81'A
.1957
F-A
61'A
60%
62 r,
66 %
2
53%
77
1957
A-O
27%
27%
27%
95%
7
82
:
1981
j-j
102% 102%
23
1951
j.j
*102%
/.j
*100
A-O
*100
Jf-8
*70
106'A
*108'A
F-A
F-A
106
Illinois Bell Telep 2%s series A
Illinois
—
107
1069i
*108
—
A-O
107
107
16
95
A-O
103
102
103
11
92% 105
A-O
100'A
100% 101
86
84
A-O
94%
J-D
*94%
Jf-N
55'A
Purchased
102
83
54
96
127
56
52
106'A
Jf-N
104%
104'A 104%
24
J-J
105'A
105'A 105%
39
1039a
M-S
F-A
*114
109
108%
110'A
*108
HO
113%
113%
lines
Omaha Div
105'A 105'A
3-J
112'A
J-J
105'A
HI
112'A 113'A
27
109%
11494
113%
114'A
*113
107
*„
3-J
A-O
103%
V, 2
101%
;
..
103
1st
10294
106'A
J-D
104'A
3-J
47
•
'<)'•
47'A
J-J
47
47
48'A
J-J
47
47
47
M-N
•
105'A
45'A
59%
45%
59
A 1st
58
46'A
2
:
A
106
61%
63'A
212
j-d
-
3
5
100
92%
89%
90
f-a
71
71%
1951
j-J
j.j
73
Ref
1951
j-j
1951
p.^
1963
j-d
68%
1963
3-D
63
1950
j-J
1
101%
70%
95'A
103 Va
1
41'A
45'A
15
98%
105%
72%
110%
:V;;
"A.—
111
104%
106%
5G7A
55%
141
47%
61%
18%
20%
148
16%
24%
47
46%
50
59
43%
3-J
47
46%
48%
51
43%
57'A
a-o
^.1947
51
19'A
66%
66
69
105
56
69%
35
103
105 %
7
105
97%
102
1
100%
103
J-J
103%
103%
1955
M-S
Jf-N
1947
103% 104'A
F-A
108'A 103%
*101%
•
—
■
1952
.102% 102%
j-J
4s
1959
1961
J-J
92%
4%
16
•
95 %
77%
128
4%
J-D
Laughlin Steel 3'As
91
89%
;
'
74'A
38
88'A
90
F-A
Jf-S
108 %
'
88%
1955
1951
57%
96%
7-3-
7
5%
54'A
53 'A
78%
74
104%
3-J
.-^1944
gold 4%s
44
64
64
JAIowa Cent Ry 1st & ref 4s
62
3894
"
6s
52%
153
65'A
61'/4
A-O
1956
series
98
57%
306 7
j-j
!
1956
6%s
Int Telep & Teleg deb
Debentures 5s
103'A
11
~2
'
6s
ref
&
99
78%
3.5 <
96
66%
*104
1972
lien
82%
99
95%
j-J
1961
Paper 5s series A & B
sink fund
1st
78%
67%
7HH
4s.
B
76%
65
10
*95%
A
111%
*72
series
92%
91
'
Int Rys Cent Amer 1st 5s B
109'A
46
5s
79%
59%
7
3
80'A
90
71%
101
72
6 7
■■■
•V 6
73
77%
77%
48%
97
•
3
92%
j-j
1S51
L
60
100
j-j
Adjustment 6s series Ai__July 1952
Internat
109%
112
73%
41
58'A
64'A
61
68 »A
James Frank! & Clear
44'A
39
53
Jones
■? 52
57
45 y8
10
40
102'A 102%
5
100
45
F-A
1951
gold 3s
gold 5s series C
§AInternat Hydro'El deb
50'A
A-O
83
67%
J950
A 1st
108'A
44'A
*59%
60%
37
JAlnter-Great Nor 1st 6s series A.1952
103'A
24
50'A
Y-p
40
82%
12
107%
56
76%
80
*111
109%
*59'A
79
74%
81%
j-j
*108% 106%
102'A 102%
J-D
58
75%
m-N
a-o
101% 101%
4494
72
m-N
jf-s
A-O
I
84%
Inland Steel 1st mtge 3s series F
3-D
J-D
84%
607A
tAlnd & Louisville 1st gtd 4s
1956
Indianapolis'Union Ry 3%s ser B_1986
*111 V
M-N
62%
119
108
109% 109%
M-N
141
77
1966
gold 3s
1st gold
70
77 %
74%
109'A
105%
*108'A 109
M-N
Iowa
,
105%
106%
*105
76
102%
18
104'A 104%
46
&
97%
97
64
75
76
m-N
7
97%
96 5A
1953
1st & ref 4'As series C
Ind 111
■; ri v, 7.
103%
106
103%
102
75
14
103 Va 103 3A
A-O
3-J
101%
100
1953
Western Lines 1st gold 4s
104
30
103% 104
72%
34%
70
a-o
1952
Ill Cent and Chic St L & NO—
Joint 1st ref 5s series A
111
106%
F-A
''
1952
Springfield Div 1st gold 3%s
5
*
1951
3 %s
fit. Louis Dlv & Term
Gold 3%s
~-
102%
1955
__
J-D
1951
:
„
Litchfield Div 1st gold 3s
1951
Louisville Div & Term gold 3%s_1953
106'A
108%
A-O
gold 3%s
Collateral trust gold 4s__;
Refunding 5s—__
40-year 4%s
Cairo Bridge gold 4s
6494
103
1951
1st
Refunding 4s
98'A
—
95'A
•_
1st gold 3s sterling
Collateral trust gold 4s—L
101'A
102
*10194
A-O
Extended
107%
75'A
100
95%
94'A
55%
27
62
'
Central RR—
1st gold 4s
1st gold 3'As
—
*107'A
J-J
107%
106
M-n
107
107'A
10
108% 108%
*116% 117%
108%
107
108%
117%
95'A
95%
95%
J-J
72%
160
'
M-N
94
56
116
100%
*110
68%
138
103 ; • : 105%
254
72
67%
100
100%
,85%
2
104% 104%
-
66 %
J-D
J-D
J-J
3-J
93
Jf-N
.1962
130%
137'A 137'A
M-N
'
.1954
&
1st
75
78
52
58%
83%
27
95%
103%
ca CO tr
74
102% 103'A
102%
100%
v
K
102%
4."
Kanawha & Mich 1st gtd gold 4s..,1990
A-O
*100%
JKansas
Dayton P Si L 1st mtge 3s
"WO
Dayton Union Ry 3'As series B—1965
Delaware & Hudson 4s extended—1963
Delaware
Power
& Light 3s—-—1973
Rio Grande RR—
§ A 1st consol 4s
JAConsol gold 4'As
5Denver & Rio Grande Western
AAssented
—1936
1936
RR—
—1955
-----
—
ARef & impt 5s
Des
*103'A
103'A
—
108
103'A
92%
82
79'A
99'A
106'A 106'A
92'A
A-O
6
105%
1978
series B
J-J
J-J
F-A
4'A
F-A
394
A-O
46'A
51'A
53%
93
54%
G
46
6'A
40%
50
|
I
r
N'western Ry.
Detroit Edison 4s series F
1965
Gen & ref mtge 3'As series G—1960
Gen & ref 3s series H
1970
i
See Chic &
1st lien gold 4s 1995
gold 4s_
———1995
Detroit Tenn & Tunnel 4%s_;
1961
Dow Chemical deb 2'As
—1950
Dul Miss Si Iron Range Ry 3'As—1962
Detroit & Mackinac
ASecond
Atl gold 5s—1937
Light 1st M 3'As
—1968
t§ADul Sou Shore &
A-O
M-S
109
109'A
*„
J-D
109
6
108%
111%
106'A 107
109
J-D
36
104%
41
50
*__
M-S
102% 102%
15
102
A-O
107'A 107'A
10
106'A
108%
41
1st
41
24'A
11
43'A
107
39
107% 108
A-O
1956
1995
1950
M-N
46%
3'As—_—1970
if-a
1965
1965
Elgin Joliet & East Ry
A-O
-1962
J-J
El Paso & 8 W 1st 5s
5s
stamped
Empire Gas & Fuel 3'As
Erie
*150%
105%
107%
110
114
148%
ref
&
B———-1995
A——2015
Ohio Div 1st mtge 3'As
—1971
mtge inc 4'As series
J-J
82%
20
96
MS
*100
.
■
—
J-J
'
'
*•»"'
•
:
J-J
6%S—
US
:
»
.
__
Laclede
Gas
Light extd 5s.___
Coll
&
ref
5%s
Coll
&
ref
5%s series
series
Lake Sh & Mich Sou
3'As
-105%' 106
75%
101%; io63A
42
37
77
64'A*
102
107
*106
?:
8494
105%
1997
1997
ref
&
deb
1901
1958
-
M-N
1959
J-D
1974
M-S
A 1st
Or ref 5s series A
ACertificates
of
Food Machinery Corp
104%
102
103%
1
117
133
103'A 104
1943
^Florida East Coast 1st 4'As
102
5
130
t A Florida Cent & Peninsular 5s
12
103'A 103'A
M-N
130
45
50
44%
3s debs
1956
3-D
1958
Francisco Sugar coll trust 6s
98%
M-N
49 y2
*103'A
102
31
—
.
100'A
42'A
*9994 100
46'A
deposit
^
5s
cons
5s— -1949
Lehigh
Harbor Term
Valley
Lehigh
gtd 5s
ext
4%s
Y
N
Valley RR—
7
modified
-1954
59%
42
56'A
103
103%
5
.
97%
102
102 %
Little
Long Island unified 4s_
Guaranteed ref gold 4s—•
stamped
debentures
1 1945
J-J
Grays Point Term 1st gtd 5s
Great Northern 4'As series A_
104'A 104%
J-J
J-D
~
-1961
26
67%
106
28'A
•f§ TJU>1%
10
68'A
106'A
12
..i-
•,
104
12
111%
119%
Unif
5
105'A
124%
Unif
100
118
Paducah & Mem Div 4s
<
98 %
110%
St Louis Div 2d
118'A
118'A 119
124'/4
124'A 124'A
General 4'As series E
I~ —1977
II 1946
117
116
j-„
110'A
109 % noy4
40
page
117
20
1100.
J-J
103
102% 103%
120
102%
106%
Mob & Montg
3-J
101%
101% 10194
83
101%
103'A
South Ry Joint
—1967
J.J
105%
105
82
105%
4t.l
91
Knn*
1
104
67
97%
104%
97
104%
100%
—
104
99%
95
*95% '
86 1
' 86
1
95%
95%
2
84%
95%
85
85
1
71
85
84
85%
7
65%
J
F-A
85%
*81%
83
70
80
81%
83
12
65
83
F-A
60
60
61%
34
56
69%
J-J
68
68
69%
,10
64%
80'A
Jf-N
34%
33%
35%
112
Af-N
38%
F-A
1974
1954
1950
1950
1949
—1949
1949
•V 33
44%
32%
32%
1
32%
36%
38%
73
36%
48'A
35
46%
*32%
Af-N
A-O
A-O
A-O
/
;
42%
45%
24
67%
6
1951
1963
57
78
127%
104 h
120%
120
122%
103%
104
106
103%
106
104
106%
*108%
106
106
A-O
J-J
2
105% 106%
29
5
*119
101%
Jf-3
-
104
106'A
118%
120
103% 103%
37
101% 101%
30
106% 106%
103%
M-S
1945
106
106% 106 %
Jf-8
F-A
,
64%
100 52
*120
Jf-8
MS
-
42%
43%
123%
*126
F-A
*
36
67
44%
M-N
A-O
.
10
120%
102
104 %
93%
103
105
110
101
*101
102%
fr
106%
106% 106%
A-O
105%
105% 105%
11
A-O
105
104% 105
29
99%
106%
A-O
106
106
54
94'A
106'A
J-J
J-J
103% 103%
6
102%
104'A
106%
106% 106%
14
—1946
gold 3S—
,1980
F-A
monon
Dlv
4s
An
1
—1952
1955
Jf-8
.
1st gold 4%S—1945
Cinr
7
A-O
series E—-——2003
mtge 3'As series A ext——1950
mtge 4s series B ext
1960
—1946
105%
7
104
49
13
*99 % 100
—1954
1st & ref 3%s
J-J
3%s series 1
D
101%
J-J
100
100'A
2003
4%s series C
111%
J-J
see
ref
ref 4s series
101'A
-1976
footnotes
&
&
&
105%
2003.:
5s
list
1st
93%
54'A
*103%
F-A
2003
series B
ref
107%
71
100%
28
Nashville RR—
105%
-1973
For
&
16
-1952
mtge
Louisville
4s
srtd
105% 105%
"102'A
J-J
General 5'As series B___
General 5s series C
Gen
104%
32 >
98%
;
1966
Elec 3%s
1st
General 4'As series D
General mtge 4s series G
Gen mtge 4s series H
£22%
48
105
93%
105% 105'A
53
105%
A-O
Ark 1st 5s series A—1969
Gas &
Jeff Bridee Co
&
99
2
85%
100
:
Long Dock Co 33As ext to
Lou
100%
15
51
*100
J-J
4s series A——1962
Miami gen
Louisville
J-D
5%
5%
105%
7. M-S
2003
2003
modified
2003
v 4%s
registered
——2003
5s stamped modified
:
2003
Lrtiigh Valley Terminal Ry ext 5s_1951
Lex & Eastern 1st 50-yr 5s gtd
1965
Liggett & Myers Tobacco 7s>^
,,1944
5s debenture
1951
J-J
-1956
3%
*5
105
1965
1945
stamped
J-D
-1934
105%
100
registered
-1949
—1947
102%
99% 100%
Dec
4s. stamped
Castings 5'As
t A Georgia & Ala Ry 5s
Oct
t§AGa Caro & Nor 1st ext 6s
Goodrich (B F) 1st 4'As
26%
10
104%
100
jr-j
1974
stamped
Louisiana &
Berg Co
108
104
100
1964
stamped--
5s
3s
Steel
110'A
106'A
■
1964
1st & ref sink fund 5s
4s
Gas & Elec of
108%
109
100
1954
sink fund 5s—
Lorillard (P) Co deb 5s___—
Gen
107'A
11
100
.
3s
94%
175'A
107% 107%
J-D
1975
1954
s
stamped.-I--
4%s
Flintkote Co 3s debs
98
90%
172%
*174
j-d
'
mtge-income reg—.
5s-
103'A
F-A
gold 3'As
1st & ref sink fund 5s
97%
9994
A-O
F-A
1960
Lehigh & New Eng RR 4s A
Lehigh & N Y 1st gtd gold 4s
Lehigh Valley Coal Co—
v 7
1st
_1943
.*_1953
C
D_^
registered-.:
4s
Firestone Tire Si Rub
69
102
98
*109'A
mm-rn
107%
119
91%
~3
*108%
3-J
,1959
-
86
51%
*95'A
A-O
JAKreuger & Toll 5s ctfs
100%
80
*102% 103
7594
100
MS
.
*90
106
109%
114%
100
.1950
i
J-J
105%
2
J-J
105%
..
MS
Leh Val
1st cons M 4s series
23
118% 118%
71%
70
1961
106%
Railroad Co—
Gen
105% 105%
*60
,1954
103%
106
A1
106% 106%
94'A
A-O
150%
101%
__
*102'A 102'A
106%
89%
J-J
Koppers Co 1st mtge 3'As
Kresge Foundation 3% notes,
Lautaro Nitrate Co Ltd—'v
114
114
J-D
72 %
J-J
Kings Co Lighting 1st 5s
111
106'A
*106
J-J
93
I: J-J
1961
f 4'As A
Cons sink fund 4%s series C
1948
86%
83%
1960
unguaranteed—
A 1st
Minn Nor Dlv 1st 4s
East Tenn Va & Ga Div 1st 5s
Ed El 111 (NY) 1st cons gold 5S
Elec Auto-Lite 2'As debs
80'A
69%
1961
:
.
Lehigh Coal & Nav
East Ry
81
102
.1987
4s
.1997
103
J-J
J-J
88
84%
34
10794
14
J-J
83
72%
54
28
98%
106% 1079a
106%
84%
53
107
109
J-D
Jf-N
111%
I
84%
J-J
City Term
4'As
1st
83
83
Apr 1950
Kings County El L & P 6s
3%
3
48
83%
A-O
Plain
1
4%
5s
A-O
Stamped
56'A
62
3%
3'A
46
impt
Kansas
f.
30
5
4'A
&
Kentucky Central gold 4s
Kentucky & Ind Term 4'As
55%
45
54'A
52
Ref
.
Plaines Valley Ry—
Duquesne
tj
106'A
91%
y
JDenver &
AGeneral s f 5s
J-D
M-N
105%
107% 10794
J-J
City Fort Scott & Mem Ry—
1936
§ARefunding gtd 4s
ACertificates of deposit—
Kansas City. Southern Ry 1st 3s_..,1950
~
106%
*98'A 100
*112%
106
106'A
94%
108
107%
107%
104%
100
103
*103
If-N
104
103
*103'A
M-S
J-J
106%
106
104
101%
106%
112
113
Volume
YORK BOND RECORD
NEW
RANGE
Interest
Exchange
Stock
Last
Sale Price Bid & Asked
Period
High
High
Low
No.
{§an y West & Bost
1960
4%s series A
Gen mtge
J-D
J-D
Manila RR (Southern Lines) 4s
A
Marion
—
*
Af-S
78
f t>s
s
—L'
83
1st
——
101
/"
■—
Norfolk ft Western Ry 1st gold
North
ext 5s
(Stamped modi
Metrop Ed 1st 4%s series D
Metrop Wat Sew & Drain 5
Side
West
{§AMet
(Chic)
El
q-a
1945
..1955
1960
1950
4S..1938
:
/%
'
109% 109%
••
A-O
100
100%
100
i;
F- A
15%
.15%
1st
Ref ft
M-S
1951
1952
1979
& Sag 3 Vis
3Vis
gold
!;y
impt 4 Vis series C
*103 'A 104
—
J-J
108'A
A-O
J-D
'•
'
'y,—
10%
*4%
MS
gold 4s__
1949
ARef ft ext 50-yr 5s series A
1962
{Minis Ct Paul & Sault Ste Marie
1st
ref
&
5%
gtd as
A 1st
A 1st
29 Va
47'A
47
30'A
50
29'A
46%
J-J
43'A
45'A
J-J
*6%
6%
& ref Cs series A:
ft ref 5 Vis series B
J-J
J-J
83
J-J
1959
{AMissouri-Ulinois RR 1st 5s
Mo Kansas & Texas 1st 4s
*43%
—
*101%
''
5
.■
'
'
••••"
'
—
AConv
1st ft
71% '•
346
64'A
75
58
58%
18
53%
gold 5Vis
—
ref gold 5s series H
J-J
65
65
65'A
84
57
44'A
44'A
47'A
65
36
r- a
63%
62%
65'A
55
56%
72%
M-N
63
Af-N
a-o
10%
63 'A
F-a
63
:
MS
24'/a
24
26'A
539
/ 22%
30
MS
63%
61%
65%
406
56%
73
126
56'A
72%
M-3
61%
65'A
ls„
10 y
11'A
85 y
9%
64%
195 a-
56 Vi
61%
65%
355
56'A
72%
60
73%
17
67%
65
66%
F-A
:
104'A
*106%
1st ft ref M 3s
Pacific Tel & Tel
111%
108%
A-O
Ill'A 112
5
111
114%
J-D
107% 108
4
105%
109
J-J
Jf-N
*95
8
.
96
i
61
60
63%
78
47'A
69%
43%
65
62%
54
57
M-N
J-D
M-N
1960
1949
1949
1965
1954
.1948
debs_
3 Vis
3'As sinking fund debentures
3s
{ANaugatuck RR 1st gold 4s
Newark Consol Gas cons 5s
A
1945
Consol gtd 4s
1952
1961
1986
New
,1983
N O & N E 1st ref & Imp 4'As
1952
New Orleans Term 1st gtd 4s
1953
{New Orleans Texas & Mexico Ry—
§ANon-cum inc 5s series A
1935
1st
England Tel & Tel 5s A
gtd 4'As series B
RR gtd 1st 4s
Orleans Great Nor 5s A—
55%
103%
A
5s
109
112'A
110% 110%
110%
10
2
110
112
5s
A 1st
series
C
of
A 1st
series
5Vis
ACertificates
107
107
107'A
11
105%
107%
Gen
103
102% 1041/8
94
102%
107%
Cons
MS
A-O
;
:
1998
2013
2013
1952
1997
1997
1998
1998
1998
1998
♦
N Y Rys
El Lt & Pow 3Vis
prior lien 6s stamp
Corp 1st 3'As
gold
5 A General
4'As
footnotes
see
126
page
106%
106'/a
108
108'/a
111%
'
9y
>
110%
5
104 %
1
102%
104
1
104
105%
106%
1
11
108%
106'A
108'A
105%
13
105% 105%
110%
1100.
107%
13
109%
111%
110% 110%
106
106'A
11
110
111'A
10
104%
106'A
104%
100%
105
93%
102'A
96
14
105
103'A
94'A
6
100% 100%
105
"l
105
105%
103
/'
64%
*__
A-O
62
61
70%
71%
84'A
72
82 'A
77%
v
.76
75%
75
71%
80
69
68%
80%
•/76%
87
74
1
78
73%
49
76%
78'A
7 8'A
*
85%
{Philadelphia & Reading
A ref 5s stamped
Coal—
J-J
'100
'
->
3s
-
i
F-A
67%
70%
6 4'A
62'A
66%
A-O
70
99%
J-J
y
73% '■
99'A
99%
181
95%
105
93%
95%
J-J
F-A
76
75
u
F-A
F-A
-
963/4
Series
913A
Series
1'
j
*r-
'
84
697/a
24 y /
-
Serijs
66%
65
9 / ••;
;
Series
79%
Series
63
;
78%
62%
.
A-O
733/4
Series
Series
95%
48
105% 106%
106%
M-S
•
97%
97%
101%
101% 101%
V* 1
108'A
107% 108 'A
87
130
A-O
8
^
F-A
97'A
106%
v
105
109
97
A-O
•:
J-D
4
106% 109%
108% 108%
A-O
3
108%
110%
114
115
*114%
>:■' 2
110% 110%
F-A
Af-N
\
109%
104
*105%
■
102
101%
110%
71
Pitts
89%
1st 4%s
1970
1975
1977
1952
5s series A
—
conv
series D
5'A
inc
Elec 1st 4%s
extended to
Portland Gen
•
60%
453A
60
45%
59%
4 6'A
61
37
-
46
32
y
3
16
47/' 47%
47%-'
463/a
61
20
47'A
47%
J-J
49
48
49
Af-N
48 3/4
48
49
J-J
46%
46%
46%
5
1948
J-J
513A
50'A
53%
250
50%
64
A-O
85%
85%
87
24
82
94
M-N
22
21
23'/a
98
163/a
31%
48%
63%
J-D
•
•v.-;
51%
r-,:
'■
-
'
•
.
,50'A
53 %'
-
122 y
45% ' 593A
{AProvidence Terminal
Public Service El ft Gas
1st <fc ref mtge 3s
1st ft
;
1st
ref mtge 5s
ft
ref mtge 8s>
Public Service
of Nor
1956
4s
3'As——.1968
1972
2037
—;—2037
111 3%s
1968 :
*
102%
93A
4
64
65'A
6
52
69%
108
108%
7
108
105%
1053/4
107% 108
J-J
105% 1053A
13'A
4%
15
J-J
43
43%
F-A
18'A
18%
Af-N
7%
72%
21
42
44%
65
102
102%
95%
29
96'A
97
<87'/a
131
22
63%- 65%
160
123
*104
*103%
M-N
y F-A
: F-A
Af-N
J-D
A-O
J-J
Af-3
J-D
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y A-O
J-D
F-A
J-D
y
.
7%
100%
101%
103%
104
19%
6'%
„
*112%
J-D
31
106%
»
104
F-A
72'A
105%
17
—
*112
%
17%
35
18%
101% 101%
101%
38
104%
15%
*13%
111%
104
104'A
105%
14%
109 %
106%
101%
27
28%
*104% 104%
14%
132
125%
105%
16
106% 107'A
v.,'
27%
107
121
—
107% 108%
*102% 103
64
9 6'A
97
103%
2
131% 131%
*125%
107'A
102%
82
200
104% 104%
108%
53
107
33
102%
95%
96%
81
23'A
105%
95'A
95%
104'A
112%
55'A
*106
M-N
14
104%
112%
112%
112
113%
113%
*114—
115
*122
124
122%
123%
■
124
124
5
123
124 %
y
124
124
8
116%
124
125
124% 125
11
116
126%
106%
106'A 107
18
2
103% 103%
*103%
'
—
73%
*73
74
76'A
73
73%
*106
107'A
*122
94%
_
105
105
5
1
10
—
—
7
--
95
105%
"5
24
Af-N
Af-S
1
11
21'A
5
*9934 1033/4
*110
,
Af-N
J-J
J-D
A-O
!
'
101%
105
1
59'A
83%
58%
83
58
QO
107
107%
121%
86
99'A
95
105%
105%
__
108%
109%
113'A
1083/4 108%
102% 102'A
21%
!
105%
101
*113
J-J
107 '/a
105
102%
121%
——
*101% 104
F-A
106%
102
__
103% 1033A
J-D
J-J
M-S
J-J
J-J
J-J
99%
26
72%
113'A
100'A
103
17
98%
30%
100%
110
111 %
110%
106% 106%
'
9
106%
107%
148'/a 148%
1
147'A
148'/8
224
*222'/a
224 Va
1053/4 1053A
7
105%
111%
99% 100 Va
105%
43
99%
100%
101% 102
104'A 105'A
/ 14
97
105
109
J-J
F-A
102% 103'A
108
1955
1993
1965
J-D
M-N
/
y
104%
111%
M-a
A-O
116'A
18%
17
1073/a
1992
14%
116%
105%
107%
53
4%
.
Af-N
97
106
37
42%
F-A
1964
4s guaranteed
Co
47
63
114% 116
MS
4%s A
Steel 1st mtge 4%s
1950
mtge 4'As series B
—1950
& W Va 1st 4'As series A
1958
Plttston
103% 104
114% 115%
-
-r- -y *
—.1977,
deb———1964
...1960
1st 5s
1950
Potomac El Pwr 1st M 3'As
1960
1st mortgage 3%s
.—1977
Pressed 8teel Car deb 5s
—1951
{ A Providence Securities 4s
...1957
83'A
77
16
76'A
*
series B
1959
C
1960
Pitts Young ft Ash 1st 4s ser A—1940
1st gen 5s series B
——-1962
1st gen 5s series C
1974
103
*107'A 110%
75%
*71%
'
■
124%
Af-N
1st mtge 4%s series
105%
*1051/4 110%
76
\ f
115'A
110%
J-J
Af-3
1st mtge 4'As
%
J-J
Jf-N
./••'•
4%s series C—
1st
111
J-J
Af-N
■
49
103%
F-A
J-J
J-J
Af-3
J-D
1962
mtge 5s series B
Pitts
<
70
-1
-
117%
123% 124
115%
*
—1945
E 3%s gtd gol(J
1949
F 4s guaranteed gold
1953
G 4s guaranteed
>..—1957
H cons guaranteed 4s—1960
I cons 4 %s
——1963
J cons guaranteed 4'As—1964
D
Pitts Coke & Iron
96'A
96
>-*•
109
103'A
Af-3
J-D
y
125
47
116
J-J
J-J
*
107'A
121
^
116% 116%
.
1974
1977
98%
124
A-O
1952
—
43
*
116%
A-O
1963
.
Gen
108'A 108%
i. 96%
-
Gen
102%
78'A
' r
Gen mtge
99
101%
•
•
109%
109%
*124 %
F-A
J-D
J-D
A-O
1949
Phillips Petroleum 2%s debs
Pittsburgh Cine Chi & St Louis—
■y 83%
69%
66
v :.
.<
108
104% 105%
A-O
.1973
debentures
*♦/
78%
75%
68
F-A
'
81%
100
87
v
V''
91 %
—
74 Va
63
/ 372
-
69%
V
1
108% 108%
105
ISAPhilippine Ry 1st s f 4s
1937
J-J
ACertificates of deposit--:—•
78%
56%
271
Af-N
•
68%
A-O
59
198
108
108%
Af-N
1961
1967
1971
deb 6s
AConv
110
39
M-N
1956
1980 \
<
106%
108% 108%
A-O
Apr
F-A
gold
110'A
12
108%
..
J-J
4'As series C_
Philadelphia Co coll tr 4'As
Phila Electric 1st ft ref 3'As
1st & ref mtge 2%8—
General
108'A
109'A 110
M-S
gold 4'As series C_
108%
"9
109%
'
109 %
105'A
109'A 109%
*106'A 108
F-A
F-A
1960
106
109%
21
110%
105
109% 109%
101%
108
~2
110% 110%
116'A
100%
*104
J-J
-
100
113%
1
113% 113%
y J-J
105'A
85%
ft 100
*100% 103%
Af-N
J-D
*
Phelps Dodge conv 3'As deb
Phila Bait & Wash 1st gold 4s—
General 5s series B
82'/a
81
72
80
*—
A
"5
77%
76
F-A
;
14
77'A
74%
v
*99
J-D
1947
106
110
*104
L i
1981
.»1984
..>1952
1st 4s series B
1st
A-O
4'As—*
110%
*106
106
F-A
MS
..
110
108%
5
108% 108%
106 %
108
22'
106'A
106
*109% 110%
J-D
J-J
M-N
,
110%
19
109% 110
109%
u
.
100
98
3
99
99
107% 107%
A-O
4s
A Income
46%
1943
*•
107'A
J-D
J-D
J-D
J-D
-—Apr 1990
Peoria ft Pekin Union Ry 5%s
1974
Pere Marquette 1st series A 5s
1956
88
88
47%
1963
1937
1937
1940
ref 5s
gold 5s
ATerminal 1st gold 5s
For
122%
1958
1st cons gtd 4s
N Y Steam
§A2d
2
125'A
B—
3'As
deb
Conv
1940
.
ref gold 4s
IIAN Y Susq ft W 1st
21%
103"%
2
106'/a 107
105%
J-D
1965
1968
1970
series A
series
Peoples Gas L & C ref 5s
Peoria ft Eastern;4s ext
46%
1957
A 1st & ref 4'As series of 1927
1967
{AHarlem River & Port Chester—
1st 4s
1954
N Y Queens
117%
A-O
4s
N Y & Putnam
15%
4
*106'A 107
J-D
.
>1970
1960
4'As series E
Gen mtge
93%
114%
J-J
MS
{AN Y Ont ft West
AGeneral 4s
84%
4
J-J
Af-S
AConv deb 6s
§ACollateral trust 6s
-
95%
36
103'A 103'A
1947
.
deb
ADebenture
:/ 84
24
92
1
ft Hartford RR—
.
1948
General 4'As series D
.
92'A
J-J
3'As
1947
ANon-conv deb
3 Vis—
.>..1954
ANon-conv deb 4s__
1956
ANon-conv deb
4s
1956
ADebenture certificates 3'As„>.1956
,
Debenture gold
116'A 116'A
125
1945
4s
26
104% 104'A
.106%
May 1 1948
Philip Morris Ltd deb 3s
1973
deb
104%
116
99%
'113%
*87%
F"
4'As series B
ANon-conv
5s
91%
V>
Af-N
series
ANon-conv
4'As
General
-v
F-A
mtge 3Vis
{N Y New Haven
General
105'A
91%
J-J
V J-J
J-D
A-O
1974
C
1978
extended to
1947
N Y Connecting RR 3 Vis A
1965
N Y Dock 1st gold 4s
1951
N Y Edison 3'As series D
1965
1st lien ft ref 3'As series E
1968
N Y Gas El Lt H & Pow gold 5s!___1948
Purchase money gold 4s
1949
N Y & Harlem gold 3Vis—
2000
Mtge 4s series A
*>2043
Mtge 4s series B
2043
N Y Lack ft West 4s series A
1973
4Vis
103%
103%
*113% IH'A
Bridge Co—
Hud River 3 Vis
registered
Lake Shore coll gold 3 Vis
3 Vis registered
Mich Cent coll gold 3Vis
V
3Vis registered
New York Chicago ft St Louis—
Ref 5 Vi 6 series A~>
—.
1st
20
102% 102%
J-J
.
sinking fund 4%s
102%
*104%
76%
Y Cent ft
Ref
104'A 104%
104%
3-D
1954
A_
of deposit
3 Vis
i
101'A
112%
108% 108%
J-J
J-J
„—1968
1969
3%s series C>_
mtge
3
M-N
1956
Central RR 4s series A
Ref & impt 4 Vis series A
Kef & imot 5s series C—Li
Conv secured 3'As
L
100%
-
111
111
104%
1974
10
103
103
*..
1956
N Y
N
Vy:
—
110%
•
106'% 106%
106%
J-D
1981
B
D
ser
Pennsylvania RR—
yv
Ccnsol gold 4s
4s sterl stpd dollar
75
.
Newport & Cincinnati
General gtd 4Vis
5
104
104
J-D
Af-N
1944
ctfs D
debentures
MS
*__
deposit
A 1st 4Vis series D~.
ACertificates of deposit
ACertificates
•*111'A
•
18'A
J-J
M-N
M-S
J-J
1955
1960
.
Light 3'As
Power &
Penna
93
82
23
3%s
ref
&
0 J-D
deposit
of
— —
//
1966
'
ref 4'As. series
&
1st
90%
1954
series B
Certificates
MS
110%
108
v*
1952
..>1960
Pennsylvania Ohio ft Detroit RR—
1st
109'A 109'A
deposit
ACertificates. of
/y
Gtd 4s series. E trust ctfs_.
.
90
N J Junction
A 1st
108% 108%
*100% 101%
Pennsylvania Glass Sand 3'As
90
1945
England RR gtd 5s
{ANew
New
F-A
1978
& St L 4s series A
mtge
F-A
1946
1964
3%s series H
1961
3'As series I
1966
3s series J
1970
series K_>„
1971
3'As series B„„1966
Guaranteed 3%s trust
101%
48%
56'A
M-N
100%
54
'
101%
53
N
1st
88
ctfs__,„1955
Passaic G & E cons 5s_1949
Paterson ft
4Vis
Steel
88
67%
gold 5s
Pennsylvania Co—
96%
133
*101
54%
.1947
National
67%
49
1st M s f gold 3s loan
.
94%
J-D
2000
.1968
Distillers Prod
37
80%
Paramount Broadway Corp—
.1955
Dairy Prod 3'As
79%
76%
1961
Panhandle East P L 3s B_>,
.
Nat
76%
77%
1946
mtge 3'As series C
Paducah & 111 1st s f gold 4'As
106'A
.1958
Nat
76%
r-y J-J
1945
Ref
__
108% 108%
1955
ref mtge
ft
1st & ref mtge
72%
.1951
Nash Chatt
<
1966
1st 5s
1st
1st & ref mtge
13%
62
y
A-O
gtd 3Vis.
1st
Essex
80%
Pacific Gas & El 4s series G
.1966
ft
399
57%
.1965
Morris
98%
73%.'
95%
69%
a-o
.I960
6s
84
70%
69%
1967
Oregon-Wash RR & Nav 4s
1949
4s
66
61%
64'A
196'
1930
A 1st ft ref 5s series I
1981
Moh'k & Malone 1st gtd gold 4s—1991
Monongahela Ry 3'As series B
1960
Monongahela W Penn Pub Serv—
A
....
3%s
Elec
&
Gas
Pacific Coast Co
F
ft ref 5s series G__.
1st
A
70
58
1965
1975
1977
1978
ft ref 5s series
A 1st
71 Vi
//'
71%
J-J
51
93%
Oregon RR & Nav con gold 4s_»>1946
Ore Short Line 1st cons gold 5s
1946
1978
adjust 5sr series A—Jan
{Missouri Pacific RR Co—
A 1st & ref 5s series A
AGeneral
J-J
1962
1
F-A
Transmission
Ontario
;
1962
5s series A
62
Power Co—
Guaranteed stpd cons 5s
40-year 4s series B
Prior lien 4 Vis series D
ACum
83
56'A
Missouri-Kansas-Texas RR—
Prior lien
Oklahoma
105
100
—
186
66%
62%
64
'
■
——
53
62
J-J
2047
{Ogdensburg & Lake Champlain Ry—
§ A 1st guaranteed 4s
1948
Ohio Edison 1st mtge 4s
>1965
1st mtge 4s
'
1967
1st mtge 3%s
1972
7%
y
73%
1
83
'
J-D
-1990
9
V'."
88'A
169
O
43%
•S *42
7
64%
70%
(Wise) 1st mtge 3'As_L.—.__• •1964
5'A
J -J
97'A
62'A
93%
12
7%
3%
—
1946
1978
consol 5s
§ A 1st stamped 5s
—
1938
1938
to int__1938
§ Alst cons 4s stamped
§ A 1st
Q-F
5 h
97'A
101% 102
90%
75'A
18
82%
10%
{Minneapolis & St Louis RR—
A
103'A
97
98%
77
97'A
J-J
mtge 2%s
1st
103 3/4
63
-
117
-
•
,2047
1st ft ref mtge 3'As
(Minn)
71
129
121 %
92 5 a
-j-j
.2047
series D
States
Northern
108'A
106'A
55
81%
81%
•
■
25
106
*101
J-D
•
65%
133'A
129
125
Q-A
1
5s series C
48
116
101%
q-j
2047
Ref & impt 5s
94
89%
47%
'
~9
132%
132.
Q-F
impt 4'As series a—,
6s series B
45
*121
•:
;
Q-J
y
82%
2
36%
34'A
40
83%
34%
*34%
Jan 2047
ft impt
Ref ft impt
105'/a
73
&
110 3/4
*129
Af-S
1997
-
registered
Ref
97
95
i»
1093/4
108%
83'A
MS
.1974
Id gold 3s
ry ft
Ref
102%
108'A 108%
*60
yy-y
registered
3s
19%
15%
5
y.
89%
MS
Michigan Cons Gas 1st mtge 3Vis_1969
t§AMidland of N J 1st ext 5s
1940
i§AMilw ft Northern 1st ext 4Vis__1939
A§Consol ext 4Vis
1939
y
4s
Gen lien
100'A
92
/•/'■■'•LL:
100'A
*99
M-N
111 'A
1083/4
:
o-a
•
Northern Pacific Ry prior lien 4s_ .1997
103
109'A
1
12
Micnigan Central—
Jack Lans
104'A
*103iA 104
MS
1
35
F-A
-
-
.1974
ft
gen
■''
:•
31
18%
*108% 110
';
High
111
71
109% 109%
..
'''
4s_1996
ref 5s
Gen & ref 4%s series A
100'A
96'A
*100
A-O
Central
Low
108
3
22%
20'A
■
A-O
•
January 1
No.
108 ^ a 109
A-O
5s A___ .1961
RR
102%
21%
J-J
.2014
;
102'A
-
101'A
Market Street Railway—
McCrory Stores deb 3%
mtge 5s conv inc__
108%
M-S
-
•
-
1998
A
series
t§ANorfolk Southern
*101%
■
4'As
mtge
A Gen
■
--•y. *102'A
•/
;•
71%
68%
4
.1966
~
•
Niag Lock & Ont Pow 1st 5s A— >1955
Noriolk Southern Ry Co—
*42%
v
a-o
T
52
42
,;://■
99
90%
2
:y
60 '/a
i
Af-N
1959
1947
59
76%
..
-
A-O
Shovel
Steam
Stamped
57%
58%
M-N
Sugar 4s sink fund
Feb 1 1957
A Manila Elec RR & I.t s f 5s
1953
Manati
\.:-y
98
97%
98
-
_1946
Niagara Falls Power 3'As
M
1945
RR 4s series A
Maine Central
J-J
J-J
1967
3'As series B
1st 4'As
y Telephone
N
Range Since
Sold
Hich
Low
Low
Bonds
Sale Price Bid & Asked
Period
January 1
Sold
Last
Interest
Stock Exchange
York
New
Range Since
Bonds
Week's Range
or Friday's
Friday
BONDS
Friday's
or
8
SEPTEMBER
ENDING
WEEK
FOR
Week's Range
Friday
BONDS
York
New
1099
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4315;
160
7%
8
3
•:
53A
11
34
50%
14
15
21
17
7%
87
14
95
Quaker Oats
Reading Co Jersey Cent coll
Gen ft ref 4%s series A
Gen ft
—1964
2%s deb—
ref 4%s series B
4s
J-J
1951
A-O
1997
1997
J-J
J-J
101%
104%
104'A
104'A 105
98
94
106
22
94'A
105%
;
!
'■
|
|
I
THE COMMERCIAL &
1100
RANGE
Last
Interest
Stock Exchange
19*9
Rand deb 3%s
3Vis—
Remington
J-J
M-N
J-J
Copper Si Brass
tcevere
Grande West 1st gold 4s__1939
A 1st cons & coll trust 4s A——1949
Rochester Gas & Elec Corp—
>.
Gen mtge 4'/a8 series D
1977
ISARio
Low
Last
or
103
92'/a
11
81
61
26
44%
RR of
Term
Pac
Thiru nve
66%
Ry
J-D
Orl 3%s—1974
New
January 1
Range since
High
Low
No.
Toledo St Louis <fc
West
gold 4s
37%
801/2
51
82
36%
83%
71
138
30%
100
38%
96%
40%
'
J-D
1950
1st 4s
81%
A-O
Jan 1960
Ohio Cent ref & impt 3%8«.1960
Tol &
*103%
J-J
i960
rel 4s
1st
AAdj income 5s
*125%
Bonds
Hioh
Pacific-Missouri—
Texas
95
58
Sold
Friday's
Low
107%
101%
Week's Range
Sale Price Bid &. Asked
Interest
Hioh
104%
No.
107'/a
92'/a
M-S
Period
Exchange
January 1
*102% 102%
A-0
Stock
York
New
Range Since
Sold
Hioh
Low
" 107 %
—
Friday
BONDS
Bonds
Friday's
or
Sale Price Bid & Asked
Period
SEPTEMBER 8
ENDING
WEEK
FOR
Week's Range
Friday
BONDS
new York
BOND RECORD
YORK
NEW
Monday, September 11, 1944
FINANCIAL CHRONICLE
104
104
A-O
104
■V.
102% 102%
3
104
101%. 104
M-S
M-S
M-8
j-J
J-J
111%
101%
103%
106%
107%
J-D
*103% 104
M-S
*114
J-J
*107%
_1971
m-n
..1945
a-0
..1959
F-a
..1967
J-J
104
103% 104
5
-1947
J-J
107
107
107
57
.1970
A-0
106%
106% 106%
8
.1971
M-N
106'A 106%
23
11 '2 'ft
Ref
.1980
J-D
110% 110%
11
/i 108%
111%
.1955
a-o
108% 103%
8
106
109%
United Cigar-Whelan Stores 5s.. ..1952
1958
3%s debs—1
A-C
Toronto
111%
107%
u;
1940
34-year 3%s deb
*111'/a
M-3
1987
1969
1934
1949
1941
3%s series I
Gen mtge 3'/is series J-ti£R I Ark & Louis 1st 4%S
jARut-Canadian 4s stpd
JIARutland RR 4%s stamped
mtge
1949
1953
35-year 3%s deb
19t>7
3%s series H
miKe
Gen
Tri-Cont Corp 5s conv deb A
Union Electric Co of Mo 3%s
Geo
109%
II
*108 % 110%
44
45'/a
27
39%
15
17'/a
15%
19%
106%
Adir 1st gold 5s
1990
2d gold 6s
-----1998
ISt Louis Iron Mountain & Southern
River & Gull Division
8 A 1st 4s stamped
1JJJ
A Certificates of deposit
-----
100
M-N
—
Gold 4'/aS
--
Term 1st 4s
Pac RR 1st ref gtd 4s
Fran
San
South
Stamped
1 1950
M-N
101% 101'ft
2.358
May 1 1952
Nov 1 1952
M-N
48%
37%
36%
696
28%
34
106
1
83
37%
28%
24
106
15
55
32%
29%
41%
38
26
101%
103%
82%
2.55s
M-N
*102%
102
102%
64
2.60s
May 1 1954
1 1954
M-N
*102
2.65s
May 1 1955
M-N
*102%
*:
71%
32%
31
44%
27%
26
1st & ref mtge 3s
100
100%
52%
103
103%
105%
106 %
5s
4s
Walworth Co
1st
4s
mtge
J-J
Apr
26
106%
111
24
103%
80
100%
104%
A-O
84%
; 73
,
84'A
32
97
68
72
Apr
73
37
56
2
100% 100%
100%
124
Washington Central Ry 1st 4s
1943
Q-M
*102% 102%
109
Washington Term
1945
F-A
*100%
95%
101%
Westchester
1011/4
RR
Warren
1st ref
69
Gen
gtd 3%s
87%
84
95%
102
F-A
J-D
1967
J-D
108%
108% 108%
1966
J-J
111
1952
_1977
A-0
103
J-J
105%
89%
West.
171
66s/a
85
Western
65%
84%
71%
70%
73%
337
65%
84
46
101%
106'ft
258
91%
104%
Funding & real estate 4%s
25-year gold 5s
118%
39-year
106
105% 106
101%
101% 102%
115%
113% 115%
86%
87
a-0
A-0
A-O
j.j
J.J
j.jj
J-J
M-N
318
76
105
85
139
87%
73%
92%
96
109%
8
108%
108 % 109
36
1st 4s
West Shore
107%
110
112'A
Wilson
*107'/a 107%
106%
107%
Winston-Salem
*111
110%
111%
J A Wisconsin
Apr
6
51
Wheeling Steel 1st 3%s series B
of
A Certificates
104%
106%*
103%
103 % 103%
27
103%
105%
Wisconsin
Elec
105 %
1051/4 105'%
6
103%
IO51/2
Wisconsin
Public Service 3%s
J-J
*117
—
120
J-J
J-J
F-A
101
100% 101%
A-O
i <105%
105% 106 %
26
106%
106% 106%
112% /
5ASu & Du div & term
m-n
a-o
93 %
92%
93%
a-0
93%
92%
J-D
93%
93
',V'
of
ACertificates
102
107%
72
100%
107
101% 101%
14
101
101 Va
66 %
51
55%
62%
22
53
M-S
1st 4s
65
60%
60%
*110'A
72%
69%
110%
—
111%
100
91%
103%
14
101Tb
104%
116%
99%
99'A
99%
A-O
100
116 Va
M-S
103
103
62%
M-N
1936
1968
"h-O
1971
Power 3%s
61%
62%
136
57%
61
61 'A
8
60 %
70
15
15%
28
15'
22%
;
deposit
J-J
;.•/
110%
.
——
14%
18
109%
111
110'/2
107%
110% 110%
*109
'
74%
111
Sheet & Tube—
M-N
.1960
1st mtge s f 31/4S series D_.
35
105%
105
105
101% 106
d Kx-intereat.
e Odd-lot sale not
Included In the year's range,
n Under-the-rule sale not Included In the year's range,
r Oath sale
not Included In the year's range.
■■
-,■:•>.•■>■'-v
106%
91%
103%
105
Deferred
delivery
^Negotiability
106%
sale
not
Included
In
the years range,
tThe price represented is the dollar quotation per 200Accrued Interest payable at the exchange rate of $4.8484,.
Impaired by maturity.
pound unit of bonds.
105 %
106%
115%
124%
89
81%
96%
93%
41
79%
95%
•Friday's bid and asked prices;
93 %
124
25
X
113
105%
J-D
108%
118
111
—
101'ft
108
107%
52
*112
*106%
99%
29
65%
1949
1966
105%
117
•/'
77%
61%
26
102%
44
105 % 106
deposit
104% 105%
105%
96%
112%
105% 105%
J-J
105%
25
106%
106
J—J
1949
Central 1st 4s
104
103%,
103
98%
J-J
102%
103
88%
18
93
V
J-J
I960
4s
1
*106%
109%
75
105'A 106%
105%
M-N
1958
B
103% 103%
103
8
102'A 103
108
M-S
1st
S
103'/a
f-A
J-D
J-J
j.d
M-N
m-N
109%
93%
J-D
1st mortgage 3s
& Co
119
108
110% 111
M-N
2361
Wheeling & Lake Erie RR 4s
60
M-a
101
117%
2
Co—
j
100%
1948
102%
101 %
__
*118
.1950
1951
-I960
1951
2361
A
ser
Mfg 2%s
guaranteed
Registered
*105% 106'/a
110
"110
52
5s
Telegraph
Westinghouse El &
113%
51
1st
5s
100%
3
110% 112%
110%
series I
3%s
Pacific
Union
Western
105%
104'/2 105
Power
Maryland 1st 4s
5%s series A
ref
&
t A Western
87%
104%
Penn
1st
*100
53
38%
98
100%
101
1945
1950
364
85%
72 %
1
47
—
gtd_...
stpd
5s
3%s
75:
81%
72%
47
*
guaranteed 4s
Ltg
mtge
F-A
gtd gold 3%s__2000
1st
72
82
.1980
D.
A
72%
.1965
series
103
1971
1981
i95o
series
inc
mtge
1st 40-year
.1979
ref
106%
38
108%
15
ft
.19771V
&
108
94
100 ii 100
1C0JJ
.ZUUU!f
Gen
93
109
.1959
debentures
—
92%
105%
.1950
3s
98 Va
100
—
*106%
1991
mtge 4s series A
mtge inc 4Vis series B
a
deb
106'4
90
*98%
107
.1974
Company 3s
M-8
111%
106%
*i_
105%
30
108%
108'/a
.1953
Texas
1966
Gen
Louis-
of St
A-O
112
109%
123
*__
108
M-8
.1951
Assn
J-J
1958
112
;
W
Youngstown
RR
2003
_.
Wabash RR Co-—
105%
/
Terminal
gtd 5s
„
109%
*__
A-O
1974
68
103
11
105%
*126
Af-N
Af"N
a-0
j.j
J-J
j.j
1961
*112
lO2'/0
1
♦108%
M-.v
M-S
5s
cons
F-A
M-N
motil?' Z;
102%
5
52
105% 106'A
—_' "
debenture —_——
1953
Sunray Oil Corp 33/4 debs———1959
Superior Uil 3 '/as aebs
1950
Swift & Co 2%s debs
1961
99%
j;inJOr;20
'
Af-S
2% s
104%
97%
1955
1949
Virginian Ry 3%s series A
1st
'
1960
103
99 %
_-/■/•'
99
99
series D
1st gold 5s
& Southwest 1st
1st
B
Coal & Coke
Iron
Va
54
68
Pwr 3%s series
Elec &
Va
62
34%
102
105
J-J
JSJS
102%
101%
1968
series B
Cons s f 4s
Va
61%
13
*103% 103%
j-j
A-0
a-0
101%
102
1957
Vandalla RR cons g 4s series A
43%
68
106%
—
102'A 102%
102%
M-S
—
103%
■
72%
102
105%
..1959
3%s debs
Pictures
Universal
A-O
..1951
United Stockyards 4i/»s w w
38%
28%
27
101% 102%
102
101%
101%
101%
42%
27%
*
101%
*101%
*102
21%
60%
26
101%
*101% 102%
43
34
*1011%
102
101 %
128'A
895
40%
*53
39%
101%
101%
M-N
43%
30
38%
40
101
105'A
59
*27 %
102%
102%
100%
1 1953
104%
175
2G%
28%
„
Nov
20
68%
100%
101%
100% 100%
*100%
2.50s
103%
12
64%
65%
110% .104
101% 104%,
86
102
65%
106%
M-N
30%
*1
107
M-N
53%
—
104
108%
1 1953
38%
25
33%
107
102%
100
58
56%
52
104
May
70%
138
53%
102%
2.45s
100%
97
126%
F-A
gold 5s
4s series A—.
2%s debs
Standard Oil N J deb 3s
101
Nov
10
34%
Gen
Ry 1st cons
Stand Oil of Calif
May 1 1950
2.20s
42%
31%
64
A-0
r"T
----
2.15s
M-N
104
f-A
1994
Devel & gen
1956
Devel & gen 6s
1956
Devel & gen 6'/aS
1956
Mem Div 1st gold 5s
1996
St Louis Div 1st gold 4s
1951
Southwestern Bell Tel 3'/2S B
1964
1st & ref 3s series C
1968
Southwestern Pub Serv 4s__---—197*
ASpokaue Internat 1st gold 4%s—2013
Southern
M-N
*103%
M-S
F-A
p-A
j-jr
j.j
1999
198*
1950
1955
Gold 4'/as
1 J949
33%
—-
J99»
(Oregon Lines)
M-N
Nov
92
A"°
194»
A——1977
registered
4s
1st 4'/aS
Cold 4 'As
May 1 1949
2.10s
52%
„1Q4a
g
2.05s
44%
50
54%
---
(Cent
4s
45%
36%
82
M-3
Pacitic Co—
Pac coll)
Southern
46%
32%
41
1061/2
Serial debentures
33
7
2.40s
A-O
----
34
277
31%
A-0
1st gtd 4s1933
1 ASeaboard All Fla 6s A ctfs
1935
A 6s beries B certificates-,
1933
Shell Union Oil 2%s debs—
1954
2%s sinking fund debentures—-1S61
|8ASilesian-Am Corp coll tr 7s
1941
Simmons Co debentures 4s
Sioux City & Pacific Div—
See Chic & Northwestern Ry
Skeily Oil 3s debentures.f950
Bocony-Vacuurn Oil 3s debs
1964
South & Nor Ala RR gtd 5s
1963
South Bell Tel & Tel 3'As
1962
3s debentures
ia lv
1
104 % 104%
104%
39%
596
20%
1031/4
/
41%
A-0
m-B
M-N
t?AAtl & Birm
Corp—
102% 102%
F-a
—
Steel
States
United
41
F-A
•
United Drug
94
38'/a
33
j-D
J^O
grant 4s
38'/a
42%
J.J
1950
gold 4s unstamped
gold stamped
SARefunding 4s
A Certificates of deposit
A 1st cons 6s series A
a Certificates
of deposit
101%
89%
& land
mtge 3%s series A.
United Biscuit 3%s debs
100
97%
ffci;
112
19
.5.
39%
j-j
8 A4s
95
*3
91
110%
__
105% 106
40
j-j
8 A 1st
V
101 %
91
1st
95% 100%
21
lOO'/e
101
106
198»
gtd 4s
Ry—
V & N E 1st
ISeaboard Air Line
Scioto
77
*112
Pacific RR—
Union
76
63
•-
ISt
,
62%
i
y)0
II
1st mtge 5s
1959
M-S
St L Rocky Mt Si P 5s stpd
1955
J-J
13t Louis San Francisco Ry
A Prior lien 4s ser A
i9!jU
J-J
ACertilicates of deposit——--A Prior lien 5s series B__1950 ^ J-J
A Certificates
of deposit
-----A Cons M 4%s series A--—-——1978
M-fl
A Certificates of deposit stpd
-—
Bt *L Pub Serv
1
75
debentures
3s
106
106
71
75
75
y
Louis-Southwestern Ry—
1st 4s bond certificates
A2d 4s inc bond ctfs-Nov 1989
/ {A 1st term & unifying 5s—
1952
AGen & ref goid 5s series A----J990
St Paul & Duluth 1st cons gold 4s_1968
ISASt P & K C Sh L gtd 4'/as
1941
St Paul Union Depot 3%s B
1971
Schenley Distillers 4s s 1 deb
1952
v.
71
J-J
A-0
(Chic) 5s
Ry
of Calif 3s deb
Union Oil
108 %
105
8
107%
—
U
Elev
A Union
107
1st
1st gold 5s
17%
12
16'/a
*13
107
Lawr Si
Buff
&
50
11
S
8t
Ham
Trenton Gas Si Elec
13
80'ft
96
ABonds selling flat.
47
2
124
-
t
^Companies reported as being in bankruptcy, receivership, or reorganized under
or securities assumed by such companies.
no sales being transacted during current week.
1
Section 77 of
the Bankruptcy Act,
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
and
deferred
in
following extensive list
Sept.
2
include
the
and
week
in
ending
the
present
we
furnish
Friday
security, whether stock
every
AND
complete record of the transactions
a
(Sept.
8,
1944).
bond, in which
or
It
any
is
"TOCKS
York
Curb
Friday
Last
Par
Wiie
Aero
warrants
Mfg
commonllll"!
Inc (N j7—IIIIIII
Accessories
Investors
Convertible
Electric
Great
Alabama
Power Co
Southern
$7
footnotes
Saturday,
the New York Curb Exchange for the week beginning on
WEEK
ENDING
SEPTEMBER
intended to
8
page
STOCKS—
Shares
2%
25
Hioh
2%
25%
1
~3%
3%
5
8%
8%
1
9
9
-50c
i
1105.
It
irhOWtXi
5%
150.- w: 22
■
Apr.'
Sep
26
Jan
3%
3%
Jun
9%
1,100
6%
Feb
10
9%
300
X8%
Feb
10% July
5% July
5%
17,400
2%
2%
1,500
Curb
,
2
Jan
■*
Allegheny Ludlum Steel 1%
3%
3%
Allied Intl
Allied
Products
class
a
ronv
Aluminum Co
i
6%
new
116%
116% 118
xl06% 107%
20
Aluminum
Goods
Aluminum
Industries
80
Jan
102
Feb
104% Mar
118%
107%
Mar
Aug
6
July
—
t
Aluminium
6%
Ltd
1
Jun
Aug
Amfrtrari
Cn
.:
8% July
Jun
22
Feb
31
23%
Apr
-31
Jun
27% Mar
(35
July
Feb
115
Aug
Feb
20
Aug
13%
Jun
Jan
84
Jan
<95%
Jun
103
Feb
1%
Jan
2% Mar
Jan
42% Aug
275
33
2,800
1G9%
113%
250
12%
X113
12%
150
9
75
76 %
550
-73%
X113
18 %
75
Hoo
American Beverage common
Rook
32%
28
32%
•
«
;
114% July
Jan
•
common;
common
preferred—
27%
.
Mfg
1
High
•,
22%
-25
.100
Feb
Jan
114
112
—
—
-10
;
preferred
2%
July
Low
Hioh
8%
common-
35%
4
Range Since January
Shares
.100
1
(Mich)
common
Jan
Apr
Low
Sales
for Week
r
»
Jan
2%
Range
of Prices
Investing $3 conv pfd
2
89
1,400
pfd_.
Alles & Fisher common
:
35
3%
>'
Last
Par
4% July
July
Week's
Friday
Exchange
Sale Price
Mar
21
500
4%
York
High
'
'■'•'.'1.2%
800
—10
.—3
New
Range since January 1
20
107%
see
FOR
for Week
—50
preferred
nr»f/>rr#"d
For
2%
25%
2
III"
AppliancellHI"
preferred
Air-Way
ft*
Corp.IIIIH"
common
Alabama
on
entirely from the daily reports of the Curb Exchange itself, and is
Sales
Range
1
"
Associates
Aircraft
1
III
Week's
of Prices
Low
...10
cwiniuun
B
Ainsworth
Air
tu
Supply Mfg class A
Class
Air
Motors
compiled
•
Exchange
Sale Price
ACF-Brill
RECORD
dealings have occurred during the current year.
RANGE
New
YEARLY
delivery sales are disregarded in the week's range unless they are the only transactions of the week, and when selling ontslds the regular weekly range are Shown
which they occur.
No account Is taken of Buch sales in computing the range for the year.
footnote
In the
a
.
1%
"lOO
V,
101
1%
40
101
50
2
500
41
—
40
.<
28%
May
Jun
■
EXCHANGE
NEW YORK CURB
RANGE
*
Exchange
Curb
Par
Central
American
1
Mfg
Fork
American
Hoe
61
Mfg
Co
Chemical
&
Republics—
Seal-Kap
common
Corp
Writing
American
30%
preferred
Paper
common
Fence
Post
Art
Jan
32
Aug
Jan
113
Sep
31%
107
25
.7-'7
45%
Oil
46
Aug
i7%;
Apr
19%
25%
Feb
34
16 Va
July
;
25%
Jun
18% Mar
27
Apr
35%
250
54
Aug
54
Jan
Sep
Feb
102% Aug
Jan
1% Mar
22%
Jan
31% Aug
40
Apr
48
10%
Jan
1514
88%
1%:
1
1
5.800
%
75
41
42
10%
10%
11%
4,200
41/4
4%
4%
700
;
3%
108% 109
•
5
•
2
100
20
2.500
14
17%
3%
5%
6%
3%
3%,
2%
3-
20%
500
'300
20%
Jan
3% 5
3%
3%
3%
3%
10%
:
p ; >.
-
W)
(A
Castle
Catalin
Sep
Maine
New
Central
Aircraft
Cessna
Charis
Corp
May
110
Jan
9714
4% Mar
10% Aug
Jan
Sep
7 % Mar
18%
Sep
Jun
July
500
7%
Apr
5%
Jan
7
60c
Controller
Clark
Claude
Neon
Cleveland
Electric
Clinchfield
9%
8% July
1% July
Colon
3% July
12%
Feb
Jan
1%
214
Forge common.*—.——5
Atlas Plywood Corp
,
1
Automatic
Products
1
Automatic
Voting Machine
•
Avery (B Ft & Sons common
5
6% preferred
25
Ayrshire Patoka Collieries
1
Atlas Prop
Feb
47% May
31
375
2%
5.500
1
8
Atlas Corp warrants———.
80
Jan
8%
400
8%
1.200
5%
2% July
% May
10%
Jan
Jun
13% July
12%
12%
2.200
9%
Apr
6%
6%
300
3%
Feb
7%
4%
Jan
6% July
May
10% Aug
21%
12/2
Feb
25% July
9%
Jan
1514 Aug
9%
10%
14
14
14
8
600
100
Coal
Aug
'
Co
Colonial
•
Colt's
Purchase
814
Co
30
preferred
77o
Rubber
Ealdwin
Barium
Steel
Barlow
&
Co
(L)
20%
23,400
614
Jun
9% Aug
200
3914
Jan
41% July
500
6%
Jan
9% July
5%
Gas
40
40
-
—
8%
8%
3
3%
3%.
A
14%
5
1
•
common
common
Mills Inc
■
common
314
1
1
$3 optional convertible preferred
•
Blumenthal <S) & Co—
•
Bohack (H C) Co common
*
7 % 1st preferred
100
Borne Scrymser Co
25
Bourjois Inc
,
•
•
1st preferred
PwhA7
1
Corp
Breeze
common
Aeronautical
Brewster
Bridgeport Gas Light Co—
Bridgeport Oil Co—;
Mfg
Brillo
Co
A
Class
British
American
1,200
American
130
1%
2
14%
Aug
Aug
Apr
2%
Jan
4% July
Feb
21
Apr
35
Apr
37
3
Aug
10%
3,400
July
100
Jan
V
t
Feb
10%
Feb
10
Sep
July
15% July
2,200
11%
Apr
2%
2,400
1%
Jan
3
Mar
2%
Gas
V
Class
B
Class
Brown
$5 prior
Bruce
(EL)
Co common
1st
$5
Hill
Bunker
■Rnrry
Biscuit
7%
Cor;
preferred A
convertible
5%
American
Crowley Milner & Co
Cent
Petrol
International
convertible
800
%
Jan
% Mar
Cuban
Tobacco
common
3% Mar
7
2%
11%
12%
2,100
9%
Jan
13%
2%
2%i
1,400
8%
"8% "*9
1514
Jan ./
1,200
8 %'
200
12%
15%
3%
1% May
21%
23
13%
Sep 7
18%
15%
100
4%
3%
17
Feb
20
trust
Jan
4% July
2%
1% May
18%
"4%
300
3%
18%
147'e
Feb
17%
17%
18
1,200
"5%
"3%
"3%
1.300
~9%
^0
17%
Calamba
California
17%
17%
19
fsllite
dep rets 5%
Tungsten
Fire.
Camden
Canada
Canadian
"Class
For
A
R
Industrial
ll
non
3%
4%"
preferred
:
page
1105.
1%
11%
4:11%
11%
4%
4%
12%
1.800
100
1
12
3
1%
Jun
Jan
Jan
1% July
1%
Jun
7%
7%
8%
2,000
Apr
8
5%
Jan
4%
Jan
Jun
100% July
De Vilbiss
21
4%
4%
200
100
3%
Jan
13%
12
105%
3,700
9
Jan
60
100
Mar
■
105%/y
y
.;
14
——
Aug
8%
Aug
115
Apr
2%
Jun
•'•7 14-7
y,
2%
200
7% July
Feb
14
Jan
Apr
2% July
Mar
2
Feb
314 July
23'
Jan
36% July
1,400
2%
32
31
July
84
30
85
84
14
Jan
1%
200
2%
July
106% July
17% July
Feb
12
'-tm*-
6
Jan
%
300
13% July
Apr
514
1,950
6%
"2%
214
12
■
6 %
'614
•
:7%
23%
23%
-7
88
Aug
25%
6,400
Apr
9% July
22% July
6,900
1%
28%' Mar
;
/
300
Feb
1%
,%' Jan
3% Jan
:
11
Jun
710
4%
10%
13%
4%
13%
300
3%
1,300
2
Jan
3% Aug
25%
25
24
Jun
25% Mar
13%
3
3
25o
23
•
10
5
-7
l
1
1,400
5
;
r
••
3%
Jan
1014
6% July
15
Jan
July
•
25%
14
Apr
13
13%
200
10
Feb
14
Aug
23
24%
9,200
1914
Apr
26
Jun
10%
11%
1,100
3%
Jan
12% July
3%
3%
100
2%
Apr
3% Aug
9
9
100
8% May
9% Aug
II
2314
•••
1%
900
1% Aug
7
( ni:.
tmr
Diamond
Shoe
Co
19t%cr;;
35
18%
35
18%
35n'h;
Co
4%
4%
4L%r/
•>
300
Harris
Co
2,100
9
Corp .common
Qvijp.hur
iqA
—
Jan
82
July
Jan
135
May
10% July
Jan
5%
78%
78%
78%
90
14%
14 %
14%
300
12%
Feb
16
Jun
100
19
Jan
21
July
20
1
1
21
21
5%
1%
6%7
79%
Jun
Feb
%*
1% July
%
Jan
1,500
3%
Jan
6% July
300
20%
Jan
2714 Aug
Jan
26
16
5,200
1%
5
-
20
"22
11%
1,400
16%
100
1%
9%
9%
1,300
5%
10%
Jan
14%
300
1
6
6%
800
17
Mar
6%
20O
77%
175
614
25%
Feb
Jun
814 July
Feb
Jan
67
Sep
6% July
5% May
614
6%
77
July
9% July
14%
22% May
77
July
12% Aug
Jan
13
Aug
814 July
9% Aug
10%
16%
11%
14
•
1
72
614 Sep
13% Mar
"l%
7%
(
80
Feb
Aug
31%
250
Feb
81
3%
Jan
3%
1,600
214
Jan
10%
100
914
Jan
8
3%
10%
•
Feb
100
8
"3%
26%
33% July
74
30%
•
common
3%
113
'■?'
•
1
10
r
IL
5% July
•
•
Hosiery^class B
12% Aug
Jan
65
*
_•
25
*
Corp
Texas
Mar
6% Mar
1
common
Bridge Co Ltd
Dominion Steel Si Coa) B
Duval
July
36
8%
£1
...1
Industries class A com
Duro Test
Mar
21
Jan
8%
1
Dominion
Durham
26
Jan
•
common
Corporation
Domestic
Jan
15%
33 %
Ltd—
dep rets ord reg
Dobeckmun
24
350
..20
—CKT
10
Diana Stores Corp
July
July
7
':?r?
.
Jun
8% Aug
4% July
11 %
July
-7?
7:- ■
9% July
20%
Jun
100% July
East Gas & Fuel Assoc common
•
4 % %>
24
Jan
Jun
4%
5%
Feb
4% Mar
-
Apr
Eastern
5% July
$7
prior preferred
Malleable
States
Iron
series
;
2%
73
42
B
July
2%
2,000
1%
Feb
7414
575
5614
Jan
75
Aug
32%
Jan
44
44
700
Aug
41
2414
25
Jan
% Mar
"l
~1%
1,600
•
4514
50%
500
33%
Jan
50%
475
33%
Jah
•
2%
2%
72%
•
Corp
preferred series A
orpfp'-rpd
•
100
100
preferred
Eastern
5
Co common:
preferred
1%
6%
4%
3,700
:
6%
50% July
7% Mar
20%
30O
4
5%
6%
Foundry
Dominion Tar & Chemical Ltd
3% May
6%
5%
26
5%
Jan
Jan
25
%
500
9%
10
It Jan
1%
800
Co common
1% July
Apr
Jan
May
4
7' 4% July
Jan
26%
10% July
:
'
'
24
26 %
Apr
"
1V2
200
Sep
Sep
111% Aug
Jan
114%
1%
Sep
118%
Jan
lis
Aug
6%
69%
;
Jan
6%
10
Jan
9% May
1% Mar
38
j
Jan
4%
1,000
Products
Divco
600
114 Aug
Jan
32
525
8,..
Steel
Aug
Jan
5,200
July
12% Aug
14 Mar
4
7,600
6%
4414
43
'.7/7%
Detroit
Aug
25
•
see
6 %
6%
43
7%
Iron
19
1%
/'"
Jun
Stove
Alcohol—
voting-
footnotes
104
Gray
110
5
voting
10'
110
Mich
Feb
10%
3%
6%
Apr
1%
>25
Feb
Detroit
14%
100
preference.
11314
Detroit
Car & Foundry Ltd—
Participating
30
100
Derby, Oil &i Refining Corp com
A convertible preferred
;
Detroit Gasket & Mfg
97%
1
pfd
Feb
110
1
.3
50
debenture...
Jun
Jan7,
9
.
prior, preferred
209
10%
10
Corp
6%
63%
117% 117%
—
*
1
Mfg class A common
$6
•8%
4,700
£1
Insurance
Cement
Canadian
Class
pfd
600
2.50
.3
common
Stores
Drjay
Am
10%
7- 4%
26
Jan
Inc
convertible
Class A
Distillers
109% 109%
50o
Sugar Estate
Electric Power
69%
July
791% Aug
314 Aug
Jan
1%
21
400
'
19 %
Sep
77%
Apr
4% July
Feb
100
50o
certificates
68 %
•
Rubber Mfg
Dayton
Wireless—
&
American
2,100
D
Dennison
17%
,
Davenport Hosiery Mills
Feb
18% July
Jan
common
(Mo)—
Duke Power Co
Voting
6%
33%
5
Mar
l'a July
Jan
200
Jan
Aug
May "
Apr
,
5%
Jun
Jun
.
Lighting
%
9%
30O
•/;;
100
Jun
20%
Feb
1
F
37% July
31% July
{:
Curtis
Feb
Jun
'15% Aug
Jan
Crystal Oil Refining
$6
preferred
Curtis Mfg Co
47% Mar
•-71
1/64 July
20%
11%
6%
6814
•
A
preferred
%
17% Mar
Jan
'
1
5
(Md)
Sugar
21%
3214 Aug
56%
hi %
1
•
Driver
Cables
2,000
Feb
9% Aug
Apr
•
Atlantic
25c
Products common
J*
receipts (ord reg)__£1
dep
Draper
Cable Electric
a
1
Cuban
Sep
4% July
—
50
12% July
Jan
Jun
July
2 %
830
3
"fi
July
4
12
1,000
2,000
Petroleum
Crown
28 '
Jan
2,300
70%
Brewing Co
Croft
Jan
6%
35%
common
Courtaulds Ltd—
Creole
Jan
1814 Aug
2% May
10
Sep
37%
3% July
6% Apr
69%
preferred
Petroleum
Cosden
Jan
Jan
11
1,200
4
33%
1
•
Reynolds
&
,on
$H
10%
I
100
'
200
614
200
6914
•
11%
17%
300
3%
11%
5o
Coro Inc d
Jan
600
Feb
35%
•
Jan
200
Jun
11%
22%
•
24
2,700
30%
900
11%
Jan
1% July
9
*
>
Mar
Jan
200
17
Jun
9
22%
Jan
4
.100
17%,
'•34%
100
preferred
prior
80
1%
:
9
Copper Range Co
Cornucopia Gold Mines
50
18%
%
900
:'v
.
••;•
34%
3%
Cook Paint & Varnish Co
360
14%
1%,
9
1
& Machine Co
28%
12 %e
common—_—
1%
v
Continental Gas & Electric Co—
Cork
1%
dep rets
Corp
H)
(P
Continental Fdy
:
Drug Co common
**
Butler
Co
Crown
1%
*
•
2.50
Sullivan
&
Corp Am
Burma
Steel
Textile
Crown
"4%
23
preferred
preferred
Jan
10c
Oil
Corp
Aug
4%
1
5
common
Buckeye Pipe Line.
Buffalo Niagara & East Power—
$1.60
Consolidated
9%
Jan
100
10
•
Ltd
preferred
Royalty
8%
Consolidated
%
1
1
•
preferred
Rubber Co
7
18
1
Smelt
&
Stores
11%
12
*
1
preferred
Forman Distillers
A
Brown
Retail
11% Mar
*—1
.
Fence & Wire common
Brown
Gas
Mining
Consolidated
17% July
10s
•
—*
dep rets ord reg
Columbia Power class A
Amer
100
300
3%
—1
Utilities
Consolidated
50
£1
£1
dep rets ord reg
British Celanese Ltd—
British
preferred series C
Jan
Tobacco—
Am
7%
8%
100
100
preferred
series B
Jan
17%
Feb
8%
*
Feb
1454
6%
3%
common.—
28%
18
111% July
600
3%
1
7%
Sep
Jan
20%
•
10%
Sep
12 % May
85%
*
43%
28%
118% July
Jan
30
9%
22%
Co
Biscuit
800
18
dep rects ord bearer
Am
34%
17%
Coke Secur common
&
300
107
Jan
8%
101
9
1%
25
1
preferred
16%
107
Sep
9214
400
7%
1
to
50
104
12%
3,450
10%
20%
1946
extended
c
Conn
15% Aug
6%
12
23,800
14%
10%
v:
Jan
% May
30
13 July
53% May
17% Mar
108
103
wariants—
Southern
&
Public Service
Community Water Service
Compo Shoe Machinery—
136% Aug
14% Mar
9,600
9%
Oil Co—;
British
•
19% July
28% July
Jan
Jan
1,000
"
12%
„
Sep
14
14,300
25
15%
*
• "
common
10
614
17%
%
47%
100
49%
50
• 4
r-*
•
»
82
Jan
6 %
13 %; 14%
2%
.100
•
preferred
2d
$5
Brazilian Traction Lgt &
Jan
6%
*
Bowman-Biltmore common
1%
3%
14%
~9%
common
Ridge Corp common
Apr
5%
10%
3%
Community
4% May
Apr
65
35
Fdy & Mach Co com—•
common
*
(E W)
—
35
35
1
Blue
' •"
'
1
Bliss
16%
Jan
Jan
'
Birasboro Steel
Blauner's
300
17%
16%
7•
1%
Berkey & Gay Furniture
Bickfords Inc common
Feb
' Jun
s
127%
.'«v.
•
•
preferred
Convertible
.
100
914
100
Hedges common
&
Benson
4
2%
i
•'?
—
9%
•
20
1
of Canada
Bell Tel
' r.'1
'»«—
1
10
common
Aircraft
Bellanca
July
?'
700
5
4%
100
convertible preferred
$1.50
4
Jan
,
13'/
200
14%
14%
'
"•
Beaunit
2
8,100
Jun
925
Electric—
&
Commonwealth
July
116
10%
3%
Arms
9% July
16
38% Aug
8%
warrants
9% July
y
Jan
Sep
100
•
preference
Consol
1st preferred
Brummel Ties
1%
Beau
July
7% Mar
1314
34
13
1
Consolidated
8%
1
Refractories Inc.
Baumann
700
9%
7%
Mfg—
convertible
$1.20
Basic
—
1
common
Corp
Seelig
26
Feb
23%
22
'
r
1,300
44
ordinary
Iron
Fire
Patent
Columbia
*%%
22%
warrants for common.—-
& Wilcox
Babcock
--
35%
•
Airlines
Colorado Fuel &
4%
Baldwin Locomotive—
.7
:
Jan
100
Co
common
Consol G E L P Bait
B
200
"
97
■
Consolidated
'
Apr
9
'
'%
104
10%
*
Corp
Plow
Development
$3
/•
7%
>
'
41
*
Illuminating
Utensil
Aluminum
Jan
"
II Aug
5% July
10%
1
4
Inc
July
Jan
Sep
34
•
—*
10
Mfg
119
14
3%
200
1
Lights
Apr
800
'
•
Cleveland Tractor common
Jan
Jan;
-
3,300
lil
*7
& Lambert
Clayton
Jun
108%
—
10
Co
13
108
34
—100
Stamping
City & Suburban Homes
Jan
4%
9
—
4
1
preferred BB
July
3%
:
25 "
com—*
Auto
Jun
105
112
j.iv'
"
—1
preferred
preferred B
Jan
119%
May
8Tb
-•700
5
Service common
$6
9%
Jun
a
%
10
Mining
8% July
714 May
961
70
•
7
Consolidated
Chief
%
2% Mar
Jun
119%
...
—
M
4
& Mach
Chicago Rivet
6%
78
Jun
21%
%
Co..5
Weather Strip
Chicago Flexible Shaft Co new
Cockshutt
1.900
i"'
1
common
16%
400
"
ll% 7
10%
50c
com
^
—i.
Jan
May
•
100
Chfsebrough Mfg
'Club
dep
11
—
•
19% July
8% Mar
Jan
3% May
7,900
102% 103
Jun
115 Aug
20
__
•
8% Aug
7
1.200
43
1
*
814
8
103
"
8%
—
100
Cherry-Burrell common
V 4% July
6%
9%
new
Jan
118
y
Jan
10
__
•'
■
7%
7%
100
pid
July
7% Aug
__
•
com
pfd
Products—
Co
Metal
Cnamueriai
Apr
9%
41
Elec
7%
Power & Light 1%
pfd
Central & South West Utilities
May
6%
41
Steel
Ohio
&
Power
Central
$6
9%
114
Gas
Power
Yoik
4,100
17%
/•'
^
.'jU
1
Aug
10
48%
May
10814
12%
__
—
10
America,
Hudson
Central
ceiiutu
City
11
£1
•
Associated Tel to Tel class A
•
Atlanta Birm & Coast RR Co pfd—100
Atlantic Coast Fisheries
1
Atlantic Coast Line Co
50
:
'
16%
1714
*
of
26
Jan
11414 Mar
'•'wf**'
—l
1
com
& Co
M)
Corp
Central
11314 July
9%
30
21%
Jun
3
900
Jan
3
Jan
3
.r
20.700
18%
rects reg
Associated Laundries of America
Co
SChilds Co preferred
2%
5.800
:•
Sep
Associated Electric IndustriesAmerican
(J
Feb
41
Jun
"
—
10
.
Products
Cities
1.600
110
15
Carter
Casco
7% July
II.500
j
10%
110
ig%
preferred—* 7
Carrier Corp common
5% Aug
106%
•
~~
44
•
4% Mar
13
130
1 ■•••
7
■
X23
44
Jan
2% July
16
Jan
7%
*
common
Jan
2% Mar
700
21;%.
110% 110%
■•;<
Co
»"/.'4 % Jan
;
2% May
1.000
;
Jan
111
May
3%
700
,
Jun
% July
"
3%
Apr
514
Jan
105
18%
July
& Jun
10.500
%
%
»/2.
44%
20
—
144
Jan
12%
•
preferred
$R
1
High
Jan
1%
2,600
75
Jun
14%
100
2,000
18
31
1
Co
Refining
&
39
Jan
41%
150
July
Jan
300
17%
52
July
7% Jun
Jan
34%
275
39
31
52
*
A
■
5%
1.500
17
171/4
26%
11,200
7%'
.
1%
5
Works common
Metal
19
44
2.50
Equipment Corp.;
Ashland
Jan
113
class
s
2
13%
13%
•
Products
Co
&
Class B
Carolina Power & Light $7
Jun
15%
7%
City
Carman
Low
144
1%
1%
1
Marconi
Jan
%
100
30%
Capital
Range since January
High
100
preferred
Canadian
Carnation
1.200
•
Low
Shares
Industries Ltd—
Canadian
Feb
41%
34% Aug
%
38
Light $7 preferred-•
Arkansas Power &
Aug-
18%
10
preferred
Aug
314 Aug
3.800
113
10c
com
42
v47
36%
7%
7'2
Aro
Feb
Aug
1814
Angostura-Wupperman
1
3
Apex-Elec Mfg Co common
—21%
Appalachian Elec Pwr 4%% pfd—100
110%
Argus Inc
1
Arkansas Natural Gas common
•
3y2
Common class A non-voting
•
3%
6%
Feb
35%
*
preferred
$6 series preferred
American Thread 5%
Anchor
Jan
1%
18%
1
*
•
10
2
Co
$6
1st
35%
1.800
100
Superpower
Amer
200
3
"45
Jun
of Prices
Par
%
»—100
common
Potash
American
40
2%
36%
10
American Meter Co
American
3914
100
Maracaibo
American
38
38%
Corp
Preferred
American
500
2%
common—10c
$2 convertible preferred
1
$2.50 convertible preferred
1
American Hard Rubber Co
25
American
Laundry Mach
20
American Light & Trac common
25
6%
preferred
—25
General
American
I.100
43'4
40
•
common
preferred
4% %
1314
Sales
for Week
Range
I-ast
man
13% Aug
Jan
Week's
Friday
Exchange
Sale Price
7%
Electric
&
Gas
American
American
Low
5%
11%
<
Curb
York
Range since January 1
Hioh
42'/4
12
-25
Class
A
25
Class B
1
American Cyanamid class A
10
Class B non-voting
10
American & Foreign Power warrantsA
class
Convertible
New
Power & *ii£ht—
Cities
American
8
SEPTEMBER
Bluviis
Shares
of Prices
Low
ENDING
for Week
Range
Lasi
Sale Price
-
WEEK
FOR
Sales
Week's
Friday
STOCKS—
York
New
1101
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4315
160
Volume
46:
30 V4
1%
Aug
Sep
52
Aug
52
Aug
Monday, September 11, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
1102
NEW YORK CURB EXCHANGE
WEEK
FOR
RANGE
ENDING
SEPTEMBER 8
of Price*
Sale Price
Low
Par
Sugar Associates—
preferred V t C
Shares
Eastern
$5
1
Economy
$6
Light 2d pfd A
Option
warrants
Electrographic Corp
Elein National Watch Co
Electric Power &
5%%
—
Electric Mfg
Empire District Electric
%
4114
8%
16
11%
92
95
6214
106.400
——~50
48%
100
•
--5
10°
6% pfd
Emsco
participating stock
Derrick & Equipment
Equity
Corp
common
-y
114
39%
preferred
1
Line common
Eversharp Inc common
50
—
—
———*
35
3414
Pipe
Fureka
6%
Sep
14
Sep
51%
8%
Jan
16 % July
Jan
121
44
Preferred
Feb
8%
International Minerals and
41
7 %
Jan
Apr
42
Aug"
Feb
1
1
ft Inst Co
Falrchild Camera
Fairchild Engine & Airplane
Falstaff Brewing
Fansteel Metallurgical
Fedders Mfg Co
——
f
27%
10%
Co—.25
10
& Warehouse
Federal Compress
—
*
Association (Philaj
Co Ltd—
Am dep rets ord reg
Ford Motor of Canada—
Fire
1014 10%
2%
3%
15% 15%
2614 2914
10%
2%
900
16.100
1.000
3.000
16.800
11
9
__
12%
Feb
16% July
14%
.
Feb
30 %
Aug
11
Sep
5 % May
25% Mar
60
253/4 Mar
56%
.
62%
61
64
Ford Motor
h>i
u
—
2
Jan
23
Aug
3
Feb
78
400
16(4
16% 17%
16
16%
550
600
72
1
J
& Malt common
(Geo A) Co
400
26% 27%
2614
m—1
Distilling
Froedtert Grain
Fuller
23% July
200
5%
—
1.23
Brewing new—
fo
nlrhn
bearer
rets
(Peter)
Fox
Jan
5%
of France—
dep
72
0/8
„
JZSt
J
July
7%
4% July
preferred.
10%
Jan
Co
Feb
Jan
75
*
Alloys Co
General
Gen
—
—
—
—
1%
2%
*1
1
10
*
•
100
dep rets ord reg
General Finance Corp common
preferred series A
5%
General Fireproofing common
preferred B
Jas & Elec $6
Gen
Adv 6% pfd
General Public Service $6 preferred—*
General Rayon Co A stock
*
General Shareholdings Corp com
1
S6 convertible preferred-.
•
Gen Water Gas & Electric common—1
$3 preferred
*
Georgia Power $6 preferred
•
$5 preferred
*
General Outdoor
(A C)
Gilbert
*
•
*
*
—*
common
Preferred
Gilchrist
Co
Gladding McBean & Co
Coal
Aldeu
Glen
Godchaux Sugars
1%
$3
Mfg Co
-—
Great Atlantic & Pacific Tea—
Gray
—
113%
—
—
—
10%
preferred
Gypsum Lime &
Feb
July
16
5%
Jan
84
2% Mar
Feb
Jan
8%
July
2% July
% Jun
89
Sep
12%
Jan
1003/4
106% May
Jan
Jan
3
Aug
150
18
" Aug
20
July
4934
200
48
Aug
1%
1%
100
Feb
1% July
30%
30%
10
25
Feb
30% Aug
1.000
7
Jan
—
—
93/4
—
108%
*
Alabastine————-*
110%
8
—*
100
1,100
37 Va
8%
Mar
Aug
49
Feb
153/a Aug
Jan
$ep
Jun
110
Jan
A July
Jan
7% May
——
Class
—
3%
4
1
Lamp Co
Hamilton Bridge
Hammermill
Ltd
Co
Paper-
Hartford Electric Light
Hartford
Rayon
Brewing
Harvard
voting trust
Co
ctfs
1
Hazeltine
•
5
Corp
Dept Stores common
6%
50
preferred
25o
•
Mining Co
Hecia
Oil
Leonard
——
—
Development—
(R G) Inc__
Le Tourneau
—
—
—
23%
—
—
1%
—
Co
—2
•
1
8
common
participating A
Henry Holt ft Co
Common
:
Hewitt Rubber common—
2.50
Heyden Chemical common
Hoe
Holophane Co
Horder's Inc
common.
(Geo A)
Horinel
(AC)
Horn
& Hardart
.
Baking Co
Hardart
it
Horn
& Co common
Co common
Horn
preferred
5%
Hubbell
Inc
(Harvey)
Humble Oil & Refining
Hummel-Ross
Hussmann
Corp
Fibre
Co
Ligonier
V
,
__
,6%
Huyler's common—
6%
Jan
136% Aug
Jan
35% July
Feb
8 Vb July
3% Mar
6% Aug
111%
X115
Jan
May
10
July
5%
45
—
Jan
9% Aug
5
Jan
5
Jan
.27
July
xl9% Mar
47
Jan
52
,
Feb
2% July
Jan
4%
5%
Apr
26 %
Apr
800
3V2
Jan
46
40
41%
Jan
8
7
7%
Aug
lVa
2Va
200
,/.
f
Apr
7% Jun
30
Jan
7% July
48
9 Vb
July
July
1,500
6%
10
Jan
19
13%
100
11%
Jan
13% July
11%
.,
11%
100
9%
Jan
12
May
Mar
23
May
__
12
16%
16%
400
20
20
Jan
20%
1,200
18
24
28%
900
10
10%
14%
2,000
16%
Jan
■
Aug
22% July
May
32
Jun
11%
Jun
15%
Feb
8% May
13% Mar
•
May
4% July
3% Aug
—
—
27%
Class
Groceterias
conv
Dividend
Illinois
arrear
Zinc
Imperial
Am
preferred
—50
ctfs
Jan
12%
—
13
50
12
Jun
13
Mar
35
35%
40
33
Jan
40
May
__
'
3%
—
—
:
—
28 Va
28 Va
100
28%
,
6% Aug
Jan
July
116
25
.
%
110
119
Apr
Jan
30
Jun
113%
Aug
Apr
20 Va Mar
18%
17%
Apr
4,300
,38 Va
Jan
6%
3%
500
40%
7%
1,700
4
Jan
7% July
10%
6%
—
20
39%
—
39%
10%
800
6%
Jan
xll% July
3%
21
1
—
12%
12%
3%
1,300
—
—
500
12%
2% "Jan
20%nJan
350
23%
—
/
'
3% July
9%-:#in
*
45%
4%
Jun
Jun
29 V8 July
3% July
13%
Jun
9%
50%
50
Lone Star Gas Corp new common
see
preferred class A
preferred class B
Louisiana Land & Exploration
Louisiana Power & Light $6 pfd
6%
Lynch
Corp
16 %
Feb
July
Mar
16
120
100%
16
Feb
11
Aug
Jan
8%
21
May
Jan
Aug
109% Aug
96 %
Aug
3,300
11 &
Sep
13%
Jun
400
7%
Jan
9% Mar
Jan
59% Aug
Jan
18% July
460
37
12
3%
900
2%
Jan
3%
3%
400
2%
Jan
105 Vs
Feb
*
—
—
4
40
1%
27
13
27%
13 %
—
13
24%
13%
24%
2%
2%
1%
'
—
ie
500
10
29%
Jun
13% Aug
Apr
300
10%
Feb
14
250
22 %
Feb
25%
500
1%
Jan
3%
Jan
23
15
Feb
17%
Jun
2,900
9%
1%
77
,
Sep
1% Aug
Jan
26% Aug
400
Apr
5Ya Mar
40%
100
9%
1
7367
—
*
Feb
14,000
8
Jan
10
Aug
17
9%
10
Mar
—
17
—
6%
Aug
3
18%
•—
—
5
25
25.
Feb
26% Mar
100
4
40%
1%
Jun
14% July
300
6%
6%
—
July
Jan
--
—
13%
-1
*
25
1
4
4%
110
Jan
9%
200
14
!i
i
4,700
1%
Feb
July
Jun
Jun
Aug
Jan
400
51
Jan
77% Aug
,400
68%
49
Jan
70 % Aug
6%
8
8
May
Jan
113
May
32
July
8,000
7%
26% Mar
100
31
30
Feb
109%
6%
*
common
Manati Sugar
Mengel Stores
:
convertible
'
Communication
Co
Steam Shovel..
•
Mass Utilities Association v t c
Mead Johnson
&
Co_
Stores
&
.6Vu%
Messabi Iron Co_
1 /
—
25o'"
Metal Textile. Corp
Participating
*
preferred
Metropolitan Edison $6 preferred
Michigan Bumper Corp new
Michigan Steel Tube
Michigan Sugar Co
-
Preferred
^
;
Class B
Middle
Corp
13
July
Midland
Steel Products—
Co
Mid-West
5%
Jan
6%
Jun
<' 4
—
1%
-100
2%
&
8% July
13
161
July
Jun
4% July
81
July
8% Aug
2% Aug
110
Aug
Jan
3%
Jan
.
4May
Aug
36
Jan
44
Aug
110
Jan
116
Mar
'
114
3%
t;8V8
v/IVb
6%
6%
600
6
Jan
IOV2
500
5%
Jan
10%
12%
1,200
8
Jan
13% May
1%
Jan
3 % May
—
_10
6%
^
__
c *'
_T
•
-
2%
•
'10
11%
'
'
i
60
2%
:-800
2%
2%
3,200
11%
117/s
3,200
Apr
4%
2,500
1,000
4% July
Apr
V 8% Aug
ll Mar
'V
i"
1% Aug
7% July
Aug
9%
Jan
12 Va
Aug
9
11V2*"
Jan
10
Mar
24
24%
150
20
Jan
24% Aug
26 Vb
26%
475
23%
Apr
30
2Va
2Va
800
1% May
2% Aug
8%
8%
300
8%
Jan
9
July
15%
Jan
22
July
1%
2%
1,100
2%
Feb
24%
•
8%
10
Supply
•
1
Refineries
Pwr
/
50
Co
&
Jan
'Sep
14,000
4
Jan
;
%
Jun
Jun
•
Abrasive
Piping
6
8%
l,' '
common
Oil
Jan
99
50
338
Jan
41
"500
Corp $2 conv preferred—•
$2 non-cum dividend shares
Midvale
Light 7%
•
•
pfd
Mississippi River Power 6% pfd
Missouri
—.
-
^2%
Jan
Jan
3%
800
;•
99
99"
/
2%
8% Mar
Jan
Vr
; —''
•?114
--l '- --3% - '
3%
2.50 * '
7%
: /7%
—•
''' -i"
1
5
common
Oil
Apr
15 Va
/ 3%.
15
—•
1
vtc
West
Midland
Minnesota
Jan
"
Middle States Petroleum class A v t c_l
Mining Corp of Canada
Minnesota Mining & Mfg
Jun
"
9
1% Mar
Feb
138
1,000
V//" 50
74% '74%
5% Aug
>.26
Jan
6%
600
50
4%•
—"
;
1
Micromatic Hone Corp
r
Aug
Aug
33% Mar
% Jan
1,000
7%
7%
8%
I3-'-"'" r/2 iZj/2
100:
preferred
A
Aug
9%
1
•
•
Scott.
11% Aug
90
Jun
4%
/ /-300
6%
11
4%
Warrants
Aug
9Va
17
2,400
159"' 160
160.
8
common—
Chapman
Merritt
1
3
/■
Memphis Natural Gas.common
Mercantile
8%
1%
8
7%
8%
:
'
7%
'7%
• J---'"
6%
•-10%
;
12
600
'
—•
• :
Massey Harris common
McCord Radiator & Mfg B__.
McWilliams Dredging
51
5,100
5 V
400
Sep
Feb
31% May
--
V f
•
-
2%
Jan
Jan
5%
81
/
f -
1
Marion
Jan
•
1%
v
600
.
Jan
-
1,000
•
4%
15 Va
Vk
11%
-v.-
£1
Ltd
Margay Oil Corp
43 Va
10%
2%
1V rf —
L* ■
V-*
•
—
Marine
Internat
Marconi
1,200
13 Va
—
I
—
preferred-'——Mapes Consolidated Mfg Co
$5
10%
optional warrant?
4,400
10
10%
—
1105.
1% July
% May
15%
5,700
75
68._1 /-I 6%
1%
51
■
page
July
5% Mar
21
*
100
100
Long Island Lighting common
11%
Industries^™"
dep rets regis
For footnotes
10 Va
13%
•
Co
Chemical
4
17%
—13%
>..*
8
A
Locke Steel Chain
Midwest
•
Feb
Sep
3%
933/4 Mar
Mid-West
common
Feb
2%
4
56
3%
3%
/ii-.
Jun
Midwest
Illinois Power Co
Jun
55
11%
9
Lit Brothers commons---.-—.
2,000
10 Va
1
*
8
1st preferred
Electric Securities
dygrade Food Products
Hydro
Jun
Jan
16%
Feb
—
6V8
—
—
113
67% July
52
Jun
6%
—
/
—
Feb
II111
9
.
8%
29 %
—
1%
27%
•
•
1
—•
*
100
S
•
5
•
1
5%
Jun
84% Feb
17%
Lionel Corp
Loblaw
100
8
*
Consolidated G M
Feb
Jan
200
107 % 108
107%
11%
"
10
& Co elass A
IR)
Hollinger
Jan
—
Jan
1,400
24%
1%
Class A————————————
Heller
9%
—
7%
124
19% Aug
800
—
__
5
Line Material Co_
13%
Rubinstein
Helena
Sep
M
8%
'
--
Sep
Apr
12% Aug
12
Jan
■
of America B non-vot com—1
Hat Corp
Hearn
-10
25
1
-1
20%
9% Mar
2,500
1/a
*
Sep
Jun
108
9%
200
3%
4%
———10
Lipton (Thos J) Inc 6% preferred
25
6
July
July
103%
Jan
1,100
--
1
B
82% May
Jun
97
45%
IA
100
Lefcourt Realty common
Convertible preferred
34%
Mar
Jan
Jun
5% July
Feb
Q" Feb
100
5%
3%
414
1
Ltd
preferred
Jun
108
87%
92
90
—
—
100
common
Feb
110
4% Aug
12%
Jan ;
56
4%
400
700
100
20
40
Aug
1% May
Jan
-
111%
7
250
5
120
•
Langendorf United Bakeries class A
Apr
9
83
11
2Va Apr
.
10
18
H
Hall
2.300
7.200
2.100
18
16%
J)——100 *
(N
Mines
Shore
Lane Wells Co
5%
Jan
L
RR
Lackawanna
Lane Bryant
30%
Jan
% July
20% July
Jan
—
*
:
4% convertible 1st preferred
100
Kress (S H) special preferred—
10
11 &
Kreuger Brewing Co———1 —
11 % Mar
x40 %
12%
Jan
%
Kresge Dept Stores—
Feb
49
14%
34% 35
7%
7%
5%
5%
108 % 108%
110 Va 110%
7%
3.400
107% 108
xlG7%
1
preferred
Koppers Co 6%
.
16
132
343/4
7%
900
1 %
20
•
10
1
Corp common
Stores Inc
Jan
17
86
475
9Vb
1
9
49% July
% Mar
83/4
19%
19 Va
Lakey Foundry ft Machine—-——1
Lamson Corp of Delaware
5
Vb
1
17%
*
Jun
Apr
11,400
300
- 20
200
500
2,000
1%
300
i'f
12/4
513/4
13 %
84-
11
A
f-
Lake
5,700
—
9%
12%
Jun
16%
,y
&
5%
5%
41
41
33
34%
7%
7%
8%
9%
8% Mar
7% May
700
200
—
12%
48 %
12%
.
Jan
19% July
48%
*
100
100
100
1
1
Emil) Co common
Rubber Co
10%
__
19%
Apr
18
~
May
10
Jun
Apr
Jun
15
15%
8
2%
7%
e
Mar
10%
16 %
18
A 51 Va Aug
1133/4 July
Jan
•1*1
7% Jan
5.600
S
Kobacker
Aug
101% Aug
Jan
Jan
75%
Knott
136
Jan
1%
50
__
Jan
17% Aug
20 % July
8%
preferred—100
(I B)
93/4
„
Jan
•
*
Inc
(D
Kleinert
21% July
79 %
413/4
Klein
Sep
8 % May
74
—
Jun
Jan
115
100
25
*
7%
2%
51 % Mar
—
•
100
Great Northern Paper
25
Greenfield Tap & Die
*
Grocery Stores Products common—25c
Gulf States Utilities $5.50 pfd•
$6
Jan
14%
340
200
■
Aug
6.000
17
18%
18
...——.100
—
Kimberly-Clark 6% pfd
Kings Co Lighting 77o pfd B
5% preferred D
Kingston
Products
Kirby Petroleum
Kirkland Lake G M Co Ltd
1% July
8
600
10%
33
stock
common
3 Vs
Jan
3%
—
—
—
Jan
12%
—
preferred
1st
7%
V
—
1
3
Varnish
Non-voting
__
-
*
common-
Grand Rapids
88%
78
ll
3,500
250
600
40
20
1%
2
87% 89
12% 12%
49% 49%
113% 113%
—
10
preferred
Mtg
—
—
49
1
•
Mines
class A
Inc
Gorham
19
133
101%
Feb
1%
*
preferred
Consolidated
Goldfield
Gorham
—
Feb
300
5%
5%
8
8%
19
19 %
133
134
101 % 101%
5%
■
K
Jun
7%
200
--
■
16%
Mills
Kansas Gas ft Elec 7%
Jan
8
104
•
—*
class A
B
Class
$7
.
--
--
19
7%
♦
Key Co common—
Electric Co Ltd—
Amer
Jan
17%
173/4
15
Ken-Rad Tube & Lamp A
—
2%
14%
,
2.600
*
10
Julian & Kokenge Co
Aug
70%
100
\
preferred
5%
Gellman Mfg Co common
Aug
300
15 %
523/4 July
58
•
common
Aug
500
89
19
14
173/4 July
37
'W/ II IfI5• fll|f§S G |il||||||
Power
63
Feb
Jan
18
Kennedy's
Gatlneau
Jan
Jacobs
5% Sep
30
16% Aug
30
73
Vb Jun
C3%
■■■, 3%
4
Co—m.—-1
10%
10Va 11%
Jeannette Glass Co——
——* ; __
4%
5
Jersey Central Pwr & Lt 5%% pfd__100
6%
preferred
100 xl03% xl03%xl03%
23% Jun
19%
3% Aug
1
27
Jacobs Aircraft Engine
Feb
800
Feb
3% Aug
July
19%
22% 22%
22%
70 '/
Apr
77 Va
6% July
4% Apr
2.100
6
Apr
voting—
B
Ford Motor
Amer
5%
5%
J
non-voting
Class A
Class
*1
3Va Aug
Feb
Jan
1
100
88
15%
*
Interstate Power $7 preferred
•'
Investors
Royalty
1
Iron Fireman Mlg voting trust ctfs—•
Irving Air Chute
i
1
Italian Superpower A
•
11% July
7% Jan
1% Jun
66 %
46%
'
475
18%
$3.50 preferred —————50
Home Equipment
1
Hosiery
30
3%
86%
:;,A
Interstate
Interstate
114% Aug
Jan
59%
3%
56
59%
shs—•
coupon
Utilities Corp com
International
Mar
42 %
700
3
Chemicals—
Registered shares
International Products
International Safety Razor B
Jun
343/4
18%
53%
2%
8
International Petroleum
July
27% July
53%
2%
Warrants
1% July
lVa Mar
31% Jan
4%
International Metal Industries A
12% July
Jan
53
50
_•
series
$3.50
25% July
Electric—
International Hydro
Sep
42 Va Mar
103%
1.100
International Cigar Machine
Aug
11% July
Feb
106
310
50%
53%
10
_*
of North America
Co
Insurance
Aug
48%
900
3714
July
12%
20
100
100
6,200
925
7
July
38
13% July
Jan
22%
40
112%-113%
100
Industrial Finance y t c common,——1
Common ——I ■
1%
preferred
100
1 % Mar
11
Jan
Feb
1C0
53
preferred
7 %
"65% Mar
% May
8%
--
convertible
Inc
$3
Esquire
Apr
£1
Apr
9
100
24%
13% July
11
300
10%
24%
Indianapolis P & L 5%% preferred-100
Indiana Service Q% preferred
100
Aug
30
50'
10% 10%
114
114
39% 40%
__
96
11%
Apr
10%
2.300
10%
::r ■:/
—
High
LOW
11%
11%
11 Va
11%
•
•
::—5
Britain &
Ireland
Sep
93 % Mar
Jan
46%
100
120
121
4214. 4214
120
11%
Jan
88%
—
Power
Jun
16
83%
200
12% 1214
48% 49
__
9% July
Jan
14% May
7% Jan
350
1.100
1
Feb
48%
Jan
5
1.300
1.100
1014
10
35%
300
2.400
100
15
Emerson
Empire
59
—
—10
preferred-
conv
10 Va
9114
93%
6214
%
-*
common—
Co
Elliott
16
10%
92
*
*
*
preferred
preferred
$5
7%
—
5
Bond & Share common
Electric
39 %
39%
8
Machine B———•
Grocery Stores
*
Washing
Easy
Imperial Oil (Can) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great
Range since January 1
Shares
High
Low
Par
High
Low
High
for Week
of Price*
Sale Price
Range since January 1
Sales
Range
Last
Curb Exchange
York
New
for Week
Week'*
Friday
8TOCK8
Last
Curb Exchange
Sales
Week's
Bang©
Friday
STOCKS
York
New
Public Service
■
59%
100-
102-
61
102%
100
115
115
common
Mock Jud Voehringer common
• -
__
__
—
2.50
25Vb
25
*v/
26Vt
-
__
*
250
100
10
—
1,200
52
109%
8%
14
3Va July
2
Aug
Mar
65
May
Jan
105
July
Jan
115
1% Mar
97%
July
Aug
Jan
11% July
Jan
26 Va
Aug
1103
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4315
Volume 160
NEW YORK CURB EXCHANGE
RANGE
Sale Price
for Week
York
New
Last
Low
Par
common
Monroe Loan Society A
/. 334
10
10
9%
Dakota
Montana
Mar
3,500
334
3%
8%
2%
1 %
Light Heat & Power
Montreal
partic pfd
Mtge Bank of Col Am shs
Investors
Moody
Producers
Mountain
States
Power
common
Tel
Mountain States Tel &
Ohio Mfg Co
Murray
Co
common
preferred—
6%
~134
-
6%
Feb
28%
'
2
Pittsburgh
19
Jun
Plough
Jun
10 V4
Pneumatic Scale
2
5%
Jan
6J/2 July
Feb
2134 July
134% 13434
127
10
Apr
Powdrell
18
200
1334
Jan
18 J/4
14%
50
11%
Jan
1434
Sep
834
100
6 J/2
Jan
1034 Mar
Jan
80
834
78
10
.
64
Pratt & Lambert
Inc
Prentice-Hall
Mar
Metals
Pressed
Corp
common
National
Breweries common
Candy Co_
National
City Lines common
National Fuel Gas—
National
National
Steel
Machinery
Ltd
Car
12%
Sugar Refining
National Tea 5%% preferred
Oil
Navarro
Nehi Corp
Nelson
1034
New
534
6
2,900
3%
Jan
734 July
27%
29
400
26
Jan
60
110
Tel
834
834
57/s Jan
9
x7%
634
975
Auction
Y
"I
N
Y
&
N
Y
common
Honduras
6034
234
10934
13%
54
3 34
Jan
434 July
25
8
7'A
Jan
1034 Mar
100
21'A
Jan
30
Jun
100
1134
Jan
14%
Apr
116
116
20
11234
Jan
117
102
Jan
106'A July
1
13
Jan
pfd.100
100
109
N
Y Stale Electric & Gas $5.10
N
60
~
Y
6%
Water Service
pfd
6934
Niagara Hudson Power common
10
5% 1st preferred,
,—100
Rio
2d preferred
Class A optional warrants
5%
...100
Nipissing
"e
5
100
Niles-Bement-Pond
Jan
74'A
Feb
84
May
77
Jan
2,175
72
40
65
*
J/e
100
»
3%
1/6%
534
300
'fl34
5,300
534
9%
Jan
12%
134
Jan
2%
11 »/4
Jan
1 J/b
300
10
10%
1.000
4 J/2
1
1
2.900
%
•
preferred
Rayon class A
North American
B
Class
7%
34
300
5%
5%
700
St
5 >/a
4% Jan
12
Jan
87
pfd.100
30
113
July
116
Corp
23
100
26
26
7%
3.200
Co
Ohio
Edison
Aug
18 J/2
32
*
110
110
110
434
11234
Steel
116
116
116
10
112
117
117
117
30
115
Jan
117
110
109% 110
220
108
Jan
113
2,100
United Filters B
Oliver
Jan
& Hardware
7 J/4 Mar
8
3
"*9%
"
:
:~ 9% f;
Feb
934
6%
100
Can
Co
Jan
9% July
Sep
Shattuck
1st pfd
25
25
Lighting $5 preferred
Power & Light 7% pfd
*
100
5 % %
Pacific
Pacific
3734
preferred
1st
Public
Pacific
1st
•
Service
preferred
-
—
•■-'•'Y
3334
Jan
Jan
■
—
|
3234
Jan
106'A Mar
333V.<
100
'
120
107% 108
*6
6
.
/
Paramount
Parker
Motors
Pen
J/2
1
18 %
•
Mills
18 J/8
45
45
-
300
10
Simplicity Pattern
Aug
Jan
6
Feb
Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec 7% pfd
Smith (Howard) Paper Mills
Jan
2034 May
Feb '■*
82
Mar
9
Jan
Apr
9
Telephone
preferred A
$1.40
common
50
37%. 37J/2
•
Jan
34
Jun
Jan
22
May
1
Pennsylvania Edison Co $5 series pfd_*
5%
"5 J/4
76
"5%
16,000
100
76
Solar
50
Jan
3434
38
Jan
J/2 Aug
434
Jan
6434
Jan
Corp
Sonotone
Mar
Manufacturing common
South Coast Corp
July
«
$2.80 series preferred
Gas &
Power
Penn
$6
&
class A
com
Salt
Water
Pepperell
Co
25
2 J/2
Jan
South
534
Jun
Southwest
76
Sep
•
t
Phoenix
Pierce
v
9
•
Phillips Packing
Pioneer
Gold
30
1
Penn
Pa
For footnotes
Ltd
see
page
1
1105.
451/4
Sep
234 Aug
1081/4
94 J/2
Jan
90
Jan
Sep
10434 Aug
Jan
175
341/2
9'/4
Mar
Pipe
Southern
Southland Royalty Co
Sep
Spalding (AG) & Bros
1st preferred
Spanish & General Corp—
Amer dep rets crd bearer
2,700
16'A
200
3ft
3U
3,900
Jan
29
5 J/2
2234
12 %
134
Jun
Apr
Jan
Jan
Jan
91/4
11% Aug
33J/2
8
35
17,300
8%
4,800
4%
5%
2,800
443i
44 34
25
l7/s
2%
800
1734
1734
100
5%
134
13% July
Jan
534 July
'
U May
16% Aug
1 % Mar
234 May
434 July
11
Jan
%
Jan
1% July
105%
Jan
10834 Aug
12
Aug
1034
Jan
2%
1534
Feb
14 34
Aug
Feb
3% July
Apr
8
Aug
Jan
19
Mar
16% Aug
18
Jan
8
Jan
10
May
3%
Jan
5
1734
4%
Jan
734
Aug
•
434 May
434 Aug
Jan
1%
Jan
July
Sep
1834 July
334 Aug
Amer dep rets ord
Spencer
Shoe
434 May
10% July
8%
Aug
234
Jan
634 July
Jan
46% July
32
1%
234 July
Feb
July
19
Jan
14
3% May
234
3%
9,600
69%
7334
575
5034
Jan ;
75
33
34
1,000
27%
Jan
3534 Aug
82%
86
150
Feb
9 3 34
10%
105/8
700
934
Jan
12% Mar
100
2%
Apr
334
Jun
40
Jan
48%
Jun
1
Jan
•■/
.0
3
..
3
"2
"*2%
.
"2%
12,000
64/
Jan
Jun
July
2 34 July
934
9%
10%
2,100
6%
Jan
1134 July
197/a
1934
1934
150
16%
Feb
22
1%
1%
1%
3,700
34
Apr
9
934
500
*'634
Feb
1034
1
5
25
July
1% Mar
Aug
7634
79
250
67
Jan
81% Aug
78
78
50
69
Jan
80% Aug
U
34
'*»»»
—
-
3%
334
'.|i. 1.000
12%
12%
100
3%
—
99
—.
I/,7-
102
112
■
*
*
Feb
300
112
40
6
Aug
1034 July
334
Apr
1334
12
Apr
9134
Feb
11034
Apr
Jan
104
11534
Aug
Feb
100
15
15
50
31
31
300
3%
3%
60
255
254
Feb
1534 July
21
•
1
100
Aug
21
13%
Jun
16
Jan
Jan
32
Jun
Jan
4
July
Apr
275
Jan
234
229
434 Aug
Feb
Jan
108
111
700
-
334
4
5%
5%
534
234
2 5/s
3
800
2.600
Jan
16%
1234 Mar
4
Aug
26
234
mm**
Jun
434 July
2%
Jan
334
Jan
634 Mar
234
Feb
334
Jan
834 Aug
Jan
3% Mar
Apr
8
2%
43%
40
Apr
45 34 July
50
28
Mar
31
2834
44
20
37
Mar
44
44
Sep
30%
—
300
2834
44
500
3%
43
43
8%
434
3
31%
Aug
1
I
"l34
\<
500
July
700
6%
100
2934
Apr
32%
2934
400
1
T-i tv
Jan
31%
Feb
134
Jan
2
July
July
Jan
...
67
Jan
77
121
July
130
10%
8
8%
:
9%
Mar
600
5%
Apr
100
Vz
4.000
'
1
1
50
ft
I^G
%
4%
934 Aug
1.100
45
*
634 July
8%
34
45
Jun
Jan
11%
*
10%
534
834
6%
—
"
•
•
2.78
Apr
234
134 July
Jan
Jan
634
12
15
£1
100
*
34
334
800
n
»
II
"%
...
634 July
82%
regis
Stahl-Meyer Inc
Standard Brewing Co
July
15
33
1
Corp—
334 July
234 Mar /
11% May
134
3
1
*
*
—-
>
69 34
10
8
Line—.
Sep
Aug
834 May
6%
734
preferred —
100
New England, Telephone.-lOO
Southern Phospliate Co
—10
36
7
100
1%
155
300
100
Southern
Jan
16 J/4
334
Jun
Jan
300
35,
68
234
133/s
5%
Colorado Power class A—25
31
2,300
-
4
4
234
28
25
25
preferred series C
125
300
33
Apr
Aug
5 34%
Southern
50
34 %
10 J/2
61 J/b
3%
•*
100
155
734
7%
•
common
550
65
x29 J/2 x29 %
•
common
Mines
10%
25
Co
Securities
Governor
63 >/2
34
1
common
ij Phila Electric Power 5% pfd
;t
6334
155
Pharis Tire & Rubber
Jan
234 Mar
•
Co
Philadelphia Co
,
102%
170
107 34 1 08 J/4
102 J/2 102 J/2
100
Co
Mfg
Mar
34
160
10734
50
& Power Co
43
300
2.50
Co
Perfect Circle
45 J/4
23 a
•
Mfg
Traffic
45 J/4
*
Light $7 preferred....*
preferred
Penn
Penn
Penn
Elec
400
600
1,700
13%
1
28
10
common
Oil
Pipe Line
Southern California Edison—
5% original preferred
6% preferred B
33 J/2
*
•
Penn
334
634
26% July
Jan
334
100
4
1
1
~1
1
Aircraft Co
.
Manufacturing Co
Solar
1634
28
25
Pennroad Corp common
1134
--
9
July
24
32
common
Singer
Boss
Peninsular
--
9
7%
—
107
634 Mar
4
10
Plymouth
Ltd
109J/2 May
634
8,400
8
--
534
common
Jan
19
7
'
Patchogue
Breweries
Simmons-Boardman Publications—
$3 convertible preferred
38
80
7%
1
Corp
Co
Parkersburg Rig & Reel
:
5-
100
Jan
-r
Canada..——*
96 J/2
108
234
734 y 2,400
—
—
*
5
Mining
Denn
Co
Silex
July
3534 July
•
$1.30
Jun
13
35
•
Page-Hersey Tubes common
Pantepec Oil of Venezuela Am shs
'l?
'
234
6J/2
Apr
100
4 00
—
Power—....—*
Sherwin-Williams common
,
25
5% cum pfd series AAA
...100
Sick's
15%
200
37%
1,100
13%
37%
13%
2 34
7
Jun
Mar
2134 July
50
--
13 J/2
Shawinigun Water &
Sherwin-Williams of
13%
•
common
Pacific Gas & Elec 6%
—
—
—
Sep
4434
--
—
Sep
52
Jan
134
500
500
1,200
1,300
16 34
%
434
1
'
2334
Jan
48
12,200
534
134 Aug
4234 July
July
1234
7,500
600
10734 IO7J/2
—
1
1
Scton Leather common
P
Pacific
100
*
5
5
—
Sentry Safety Control
Serrick Corp class B
42734 Aug
Aug
6
3
Securities
Feb
.
1834
*
Omar Inc
Overseas
26
2634
15
...
—
Bros Inc
stock
Allotment certificates
Jun
27
__
34
334
7/a
1
1
*
1
common
$5.50 prior
Aug
July
100
..100
—
*
Co
Convertible stock
Feb
100
preferred
Public Service 1%
6%
5
15%
W-i-'
Shoe Co
Selected Industries Inc common
2434 July
Jan
107 % July
1st pfd
Ohio
534
5
Securities Corp General
Feb
1st preferred
Oklahoma Natural Gas common
Ohio Power 4%%
—
Jan
July
16
ft Jan
11,400
39
4334
2
2 34
2534 26
134
Apr
153a
--
1
1
*
preferred
$6
Scullin
27% Mar
Jan
31/2 May
*
common
preferred
$6
May
11% July
Jan
40
1,500
—
--
2
common
Segal Lock
4
157
Jan
IJ/4
--
1
Selby
Ogden Corp common
Ohio Brass Co class B
r
50
Seiberling Rubber common.
3,900
.
4034
1
25
Scovill Manufacturing
-25
Scranton Spring Brook Water Service—
0
434
—
*
Ltd
pief
Regis
Seeman
4%
Apr
1234
250
800
15,4
134
—
21% 2334
2 1 34
Schulte (D A) common
Convertible preferred
15% July
Jun
$2 conv
United Corp common
Mills
Oil Co
Mar
108
13% ■14%
Jan
Lawrence Corp
Savoy
Mar
.——100
1534
1
1%
--
1
commdn
Schiff
Jan
108
108
8534 July
Jan
149
9,100
—
Sanfovd
Apr
Jan
25
70
—
—
2%
Samson
Aug
87
Power class A
;
1
20
Paper common
Salt Dome Oil Co
St
5434 Mar
.134
Jan
104
11%
1034
1034
7134
90
134
Aeronautical Co
——
1
334
3%
Consolidated Petroleum..—634
Class A
July
2,400
1
Public Service 6%
Novadel-Agene
37
50
preferred...—..
States
"534
—
preferred
Ryerson 4^ Haynes
37% July
Jan
5234 Mar
134
Ryan:
Apr
7
North Penn RR Co
Nor Indiana
120
Jan
27% May
700
■
Northeast Airlines
Northern
103
..
•
5
North
July
1334 July
Sep
28
3434
3334
34%
50
prior preferred
American Utility Securities
Northern Central Texas Oil,
6%
325
112%
110
•
•
common
1
common
Petroleum Co
Ryan
Jun
134
100
Corp
Russeks Fifth Ave
Aug
12%
134
'
$6
May
14 34
Jan
Feb
Jan
12%
10
& Power common..1
North Amer Light
17
Jan
1434 July
3
5
Corp B
Jan
Jan
11
/
Royalite Oil Co Ltd
10734 Aug'
Jan
1034
11
Mines
Jan
6% pfd D
Pendleton Inc
Cable
$1.20 convertible
Jan
Jan
105
11% -w
Electric
Root
Jan
ft Mar
634 July
Apr
Radiator.
Roosevelt Field Inc
Sep
84
3
Nineteen Hundred
75
Apr
1/128 Feb
optional warrants..
Niagara Share class B common
Class A preferred
Noma
May
2%
""*34 ,*""%
B
Class
May
570
72
—
104% Aug
93 34
1134
150
350
81%
134
1%
—10
1
10
•
Grande Valley Gas Co v t c
Rome
Jan
17.700
81
83
14% July
300
151% 153
153
/,■
Investment A
Rochester Gas & Elec
17 J/4 Mar
111
3%
3
Jun
834
Jun
73 %
69%
3%
118
10 34
common
Rocser &
shares
Jan
10% Jan
1334
80%
Packing Co. common
Richmond
Y Shipbuilding Corp—
Founders
Aug
Aug
15%
13
preferred
*
Raytheon Manufacturing common..50o
Red Bank Oil Co
1
Reed Roller Bit Co
*
Reliance Electric & Engineering
5
Republic Aviation
1
Rice Stix Dry Goods
*
Richfield Oil Corp. warrants
Feb
14
•
834
110
7,300
14
15%
$3 convertible
Mar
35
Mar
28%
preferred—100
Light 1%
1034 Aug
Apr*
Apr
..>..10
Raymond Concrete Pile common
6434 July
Apr
2% Jan
1,500
Voting
Rath
2034 July
14
preferred
634
200
103 J/4 104%
103 J/4
.100
Railway & Utility
Sep
2834
28%
10
Aug
Vz Mar
11434
1334
13%
•
5
Railway & Light Securities
Jun
Jan
334
10
Rosario
Merchandise
'
1034
Jan
32
108
Rfidlo-Ketth-Orpheum option warrants-
Aug
/.t>r
634
35
8
10 »/4
Jun
Jan
634
R
6334 Aug
21
104
1.100
2%
59
-
~2 %
:
3,900
734 Mar
10
•
preferred.
Quebec Power Co
Apr
Jan
Feb
18% Mar
1
1,000
ft
Jun
47'A
700
13%
13
—
City Omnibus warrants
Co
250
X10634 109
107%
1034
34
9/8
Light—
6%
July
Feb
734
Jan
3
150
63%
•
Y
N
N
9
•
N
Y Power &
6% May
934
18
25
Land
Arizona
&
New Process Co common
$6
300
'
•
New Jersey Zinc
N
Jan
6
.....*
...
"934
ft
July
300
•
61
6134
"934
4834
Jan
88
434
400
834
7
100
& Tel
Clock Co
Mexico
114
Apr
11234 11334
/
July
li'e July
Jan
43
2934 Mar
May
8534
■
34
Jan
12,000
Quaker Oats common.
Sep
234 Aug
9
Jan
13
200
1ft
934 July
13%
Jan
Jun
•
New Idea Inc common
New
Jan
1 J/8
,
2634
534
July
1134
'
July
1534 July 4
600
"
•
100
preferred
England
1,500
2,200
•
New Haven
12
234
'
7
100
100
Pyrene Manufacturing
Jun
10% Aug
Jan
Jan
3234
prior preferred
4%
Jan
534
5 34
2534 July
13%
5
England Power Associates
preferred
Apr
Apr
Feb
9
12
2%
113%
Mar
25
134
Pyle-National Co common
July
Va
.
2434
Feb
15
1334 July
Jan
1834
900
200
1134
15
23
-L
'
Nestle Le Mur Co class A
£2
7 J/2
Jan
10
May
2
534
Common
Jun
17
1,300
10
9%
10
Jun
534
Jan
1334
5,000
3%
32'A
1st preferred
$5
334
3%
1 J/8
Puget Sound Pulp & Timber
12% July
534
:
100
•
Corp__;
200
25
14
14
14
3'/2
1211/a
13% Aug
3234
1st preferred
7%
14J/2 May
Apr
100
—•
Puget Sound Power &
44 Vz Mar
Feb
13%
•
6%
Jan
1134
600
Colorado—
6%
Jan
35
Jan
12
2%
Neptune Meter class A
New
6,200
13%
15
'
•
-
preferred
1st pfd
(Hermant
3234 Aug
834
1034
24
30o
Radio
Co
200
12%
12%
1334
National Tunnel & Mines common——1
Nebraska Power 1%
1234
1234
12.50
National Transit
Union
234 July
Feb
4 J/2
•
10
National
National
Jan
35
•
•
*
common
Rubber
National
IV2
7,800
•
Mfg & Stores common
National Refining
234
Sep
Jan
35
1234
•
National
234
18
1434
28
_25
—*
50c
preferred
7%
**234
3
*
Bellas Hess common
National
100
4 >/4
13%
Jun
13% July
Jan
Jan
.———*
Public Service of
18
11
95
1
—•
1
—1
of America
of Nevada
Gas
Providence
18'
*
63
50
4
*
—
Prosperity Co class B
Corp .———M—....
427/a Aug
Jan
700
*
;—
Co
Jun
Apr
5534
640
1134
13%
5
Premier Gold Mining
N
Nachman
High
934
Jan
117% 11834
25c
Corp of Canada
Power
Aug
14%
78
11%
'
37%
10
common
Co
Alexander
&
Producers
.
Low
7
1,700
6234
,
common
Polaris Mining
136J/4 July
1734
-v?
—
60 34
9
Jun
1% Jan
1,800
$
~.
—
Inc
Sep
37'A
Jan
Metallurgical
Plate Glass
Pittsburgh
Pleasant Valley Wine Co
178 34 July
6134
50
10
—25
1
7.50
Pittsburgh & Lake Erie
1,400
6%
6%
18
2%
•
100
Muskegon Piston Ring
Muskogee
25
Apr
9
5o
10
*
100
•
City Copper common
Mountain
Mountain
May
15ya
8 J/4
50
RR
8
Aug
8 J/4
•
Meter
234 Aug
Feb
165
600
37%
37%
,
90
1834
1834
E
& L
Bess
Pitts
'
1834
Postage
Pitney-Bowes
July
4% Aug
July
■
174% 175
*
•
•
Ward A
Montgomery
12
Feb
7/
~~
■
Range since January 1
Hvah
Low
Par
High
2,400
1
Utilities—
Low
Shares-
"
■f 934
1
1
Molybdenum Corp
Monogram Pictures
High
for Week
Range
of Prices
Sale Price
•
Sales
Week's
Friday
Exchange
Curb
Range since January 1 /
Shares
of Prices
8
SEPTEMBER
ENDING
Sales
Range
Last
Exchange
Curb
York
New
WEEK
FOR
STOCKS
Week's
Friday
STOCKS
5
1.000
Jan
40
1%
600
July
934 Jun
45
Jan
% Mar
134 July
Feb
134 July
%
334 May
234
1
13
Jan
ft Feb
534 JuiV
4% Ju!«
134
Apr
THE COMMERCIAL &
1104
EXCHANGE
NEW YORK CURB
RANGE
Standard Cap Si
10
-i
20
Seal common
preferred
Standard Dredging Corp common
$1.80 convertible preferred
Standard Oil (Ky)
-Standard Oil (Ohio)—5% pfd
Standard Power Si Light
-«|
100
1st
5%
2d
preferred
Sterling Brewers Inc
150
17%
Feb
19
50
103%
Jan
114
3,100
%
Jan
18%
18
110
%
■
Stetson
c.'mu**
<Hugo»
it
(Si
Machinery
Ray Drug Co
7%
2V*
2%
2^8
900
2%
2%
2%
3,100
1%
11%
13 V2
13%
2%
Jan
9
Jan
12
July
3%
Jan'
6
Jun
Jan
2% July
1%
3%. Aug
14% July
22% Aug
12
12%
250
21%
21%
600
17
17%
17%
100
12%
Jan
17%
Sep
13
'««.'/•
%
Aug
15%
Apr
•
May
11
8% Apr
15
bonds
1
•
Taggart Corp common
25 %
21%
May
•
!%■ pfd——100
Texon Oil & Land Co
2
Textron Inc
1
inew Shovel Co common
5
Tilo Roofing Inc
1
Tishman Realty & Construction
1
Power & Light
Texas
6
11
__
10%
6!/2
Oil Co
'
'
'*<
•
>
,
v
•
-
•
'
V
■
\
.
3%
20
%
—
21%
—■
—
Apr
19%
6 »A
%
Feb
x23% Mar
Jan
11% July
Jan
9 %• July
900
800
-v
57%
12%
Sep
Jan
60
Jun
3%
10*
Feb
4%
Jun
c,
y
9%
Feb
12% July
1%
200
Jan
1% July
120
58
Feb
30
106
July
109%
Apr
115
113
1,800
24% Jun
1 % Mar
10% July
Jan
9% July
Jan
4
10%
600
Aug
Jan
U Mar
800:
Jan
1%
9% Mar
12%
Feb
4% July
18%
600
July
May
3
3,800
15
80
U Jan
1,000
%
7%
•
12.%
*
.
1
800
—
7%
7%
__
>',V
;
v
,
7%
150
23
-
May
6% July
2,100
1%
3%
•
119
Mar
6
109
I'/*
•
—
Tung-8ol Lamp Works
80c convertible preferred
•'
1%
•
1
•
114% -Jan
66
65
109
24% July
12% Jan
10
12%
66
warrants
Inc
Trunz
12
Sep
1.600
59
4%
109
1
10
Corp
Trans Lux
Trans western
Tvi-Continental
59
4%
—
Product
Tobacco
Sep
26%
5,500
23 %
59
4%
Allied Stocks———.——*
Exports
•
Tobacco Security Trust Co Ltd—
Amer dep rets ord regis............
Amer dep recs def reg
•
Todd Shipyards Corp
*
Toledo Edison 6% preferred
100
7% preferred
100
Tonopah Mining of Nevada...—,.......!
Tobacco &
6%
Feb
23%
700
118
118
6
6
10% 12
22
22%
10% 10%
6
6%
—
Jan
5
1,700
6
26%
5%
25 %
20%
—
13% July
-
-
'
'
*■
'
w
'
'
'
'
{
U
'
;
1
Udyllte Corp
Ulen
Realization Corp
Unexcelled Manufacturing
Union Gas of Canada
6%
.....
class
2
86"
17
—
preferred—'—
Co Ltd—
United Molasses
r;
Machinery
Shoe
common
U
Graphite
8
1st
68%
Sep
11% Aug
25% Aug
Jun
1%
1%
700
116
3
3.
2% Mar
Feb
80%
Jan
95
Jun
Sep
18%
Jun
9,400
1%
115
65% Aug
Jan
17
50
A
it May
Feb
16
1%
July
3
Mar
Apr
xll4
121% Jan
May
32
6,400
A Mar
% Mar
6,000
%
Feb
A Jan
%
58%
Jun
3,000
id
3%8
f debs—
s
1%
3%s a i deos__
Amer
common
preferred with warrants
U 8 Radiator common
Rubber
8
—-—1961
Appalachian Elec Pow 3%*
^1970
Appalachian Pow deb 6s
2024
4%s
8Associated Gas & Elec Co—
AConv deb
4'/28
AConv deb 5s—
Bell
1st
Bethlehem Steel
%
A 5
Universal
Pictures
Universal
Utah-Idaho
common,
Central States Pr & Lt 5%s
Utah
R°dio
2%
Products
3/.
1966
>;
$5.50 priority stock.
.
Alden
(Adolf) 4%s series A
Grand Trunk West 4s
Great Nor Power 5s stpd:
Green Mountain Pow 3%
§AGobel
Prod 6s
Grocery Store
Houston Lt Si Pwr 3%s
11
July
Hygrade Food 6s ser A
%
Apr
1%
Jun
78%
Jan
91%
Jun
2%
Jan
1%
Jan
4% July
Apr j
2% Aug
% Jun
Jan
4
'
A
2%
July
West 6s
&
Guantanamo
Jan 1949
4%
4%
21%
19%
20%
23%
Feb
22% Aug
18%
Jan
26
20%
Jan
28% July
2%
2%
2%
4,300
2%
Jan
56 y8
55%
56%
350
51%
Jan
8%
2,400
4
Jan
7%
i-
7%
2
•
•
2
74%
25
81
81
3% July
Jan
Feb
8% July
Feb
1%
300
Mar
61
•
Jun
ref 5s
P & L
3%s
1
(Dec
Power
Interstate
Kansas
1
3
44%
1
9%
Venezuelan
Vogt
preferred
Petroleum
Manufacturing
3
•
3
43%
8%
13
"3
•
1%
9%
Kansas
Feb
Kentucky Utilities 4s
8
Feb
11% Apr
15% July
5.100
300
McCord
6s
W
Aircraft
•
Wagner Baking voting trust ctfs ext..•
7%.
preferred
Waitt & Bond
Wayne
4%
10%
10%
4%
3
1,100
11
800
.14%. Jan
"•
Knitting
1%
,
"~"f)
24
.1.23
MJla
5%
5
—•
111%
Manufacturing
24
West Texas Utility Id
West Va Coal & Coke
Western Air Lines Inc
Western
preferred"*"
Maryland Rv 7%
7773
"17" —1
1st
pfd" -100
Western Tablet Si Stationery com J
Westmoreland Coal
Westmoreland
500
Wevenberg Shoe Mfg
footnotes
see
5%
10
pege
—10
1105.
108 -JrApr
5%
1.700
9%
9%
10%
-
20
120
22
24%
24%
7%
3.200
......
116
300
•"
150
84
-
Jan
Apr
Jan
,18% Mar
98% Aug
20%
Jun
2% July
25
"
Aug
1103% 104
101
101%
111% July
series
6s
11% Aug
New
138
July
series
—:
A—
•—8
-
New Eng Gas Si
New
Jan
11Aug
New
Feb
10
Jan
Amsterdam
Gas
5s
El Assn 5s
5s
Conv
100
107%
102 %
109
102
•
deb
5s
—
104 &
G
103%
106%
102%
104%
8
7
101 %
101
35%
34%
135
England Power 3%s
England Power Assn 5s
5%s
!
,1
Debenture
23
37
8
25
34%
3
•
-
33%
36
21V*
36
23
37
•
34%
25
35
v
21
22%
36
95%
95%
32
96
65
69%
23
88%
60
,■'!
39% 39%
'107% 107%
1107% 108%
5
28%
31
106%
109
106%
107%
40
77%
39%
123
120
122
111
112%
107
109%
107% 107 %
1107
106
108
106
106
101 %
j
101% 101%
1107
109
84%
*
106
104%
108
5
102%
104%
17
100%
101%
1
;
108 ::: 111
J
110%
33*
>72%
83%
84%
.84%
21
72%
83 Va
84%
-v 46
72 V*
1108
120
116
83%
84
84
108%
103
117% 117%
1110% 111%
•
M-S
106%
1102% 103%
102% 102%
110%
103%
62% "69%
4
64% 66
1106% 107%
1104% 105
110
105%
100
.
•100% 100 Va
^
104%
104%
1104% 106
106
,
,
108%
99%
102% 103
102%
M-S
;
.101%
36
1121
,.1948J-D
M-N
1961
1948
-
1110% 114
—1950
.1954
93
101
31%
36
F-A
*
93%
25
40
33%
107%
106%' 109:
1108% 108%
135
:J-D
—1947!
105V*
T
A' 104 ^
104% 106
J-J
J-J
105
>
102
„
100% 101
107%
75
106% 111
109 %
1103% 104
M-N
J-J
•
108 %
64%
104%
A-O
M-H
J-D
J-D
2022
1948
104%
103%
104
39 %
1943
113
101
103
16
107
102%
67%
^.1981
5a——J,
4%s
Power
104
101% 103"%
98% 103%
1103% 104 %
M-N
—1957
100%
97%
101
1104
F-A
'
106%
106%
68 %
109%
A-0
; ;
124 Va
102 %
68%
J-J
G
Nassau ez Sufiolk Ltg
Nebraska
10% July
23
103% 104%
95%
1948
stamped
Mississippi P & L 5s
5% July
22
Sep
28% May
20 % Aug
Jan
8%
800
1
199
J-D
M-S
J-J
;
104 Va
1106% 107%
J-J
1966
Dist Pow 3%s
& Mfg—
Edison 4s E—Ju-—1971
1965
Petrol 6%s
1945
Midland Valley RR— j
Extended at 4% to
j——<—.—1963
Milwaukee Gas Light 4%s
1967
Minnesota P & L 4%s
1978
1st & ref 5s
—_____1955
Jan
""23
16
10
33
Radiator
Middle States
"
9%
;
M-S
1970,"
——
-
10
1
Wichita River Oil Corp.
For
8%
4% Aug
.11% July
on!
3%.. Jam;
2.000
111% 111%
22
7720
7"7~7I -10
Inc
9%
Feb
15._i! Jan
,
Wentworth
Feb
94% May
.
«
May
7%
ItOO
~
class A
Class B
1966
2022
1969
Light 3%s
Power &
'
102
103
5
100 %
100
1104 !
J-J
:
101%
56
102%
1111% 113%
J-J
Metropolitan
4s
Co
101%
—
_
-
130
102
J-J
■
,
93% 102%
123
103% 103%
F-A
1965
Electric 6s
3% July
48% July
.,
Lake Superior
Waco
99%
126
;;
^—1963
6s
Electric Power 3%s
Kansas Gas &
Feb
Jan
27
550
13
104%
90%
36
1957
1952
5s
6s
Superpowei
8%
400
46% ■
125
99''
23
J-D
1952
Jersey Cent Pow & Lt 3%s
rwnvertiole
119
30
100% 102%
103.%
1941
(July 1941 coupon)
A 7s
Debenture
$4
108
104"
61
M-N
1955
coup)—1955
A7s
series E
1957
A7s
(Aug 1941 coupon)—
1957
A 7s
series F_.
1952
A6%S
Altailan
Valspar Corp common
105%
102%
.
103% 103%
A-O
M-S
M-N
J-J
F-A
C
series
A6%s
2% July
83%
111
99%
{International Power Sec—
Jan
13% July
4% July
100
119,
109
111
99%
100
1970
1st iien &
Indianapolis
1%
2,700
23%
104%
98'A
2
1104% 104%
1950
1963
5s
Service
Indiana
14 Vt May
Jan
20
25
20
102
A-O
—
Feb
1,900
21%
4%
34
116%
1124
A-O
B
series
7
600
98% 106
97%' 104 V2
104 4
103%
104%
99%
2 "
103
103% 104'/a "
A-O
—Jan 1949
Illinois Power & Light Corp—
1st & ref 6s series A
1953
1st & ref 5%s series B
.1957
Indiana Hydro-Elee 5s
1958
6s
12
V
105
1121% 123
J-D
Glen
July
500
13
104
104%
102% 102%
M-N
Pub
8
7,700
12%
10c
1-
Utility Equities common
1954
Power 3%s A-—.
—1969,,
Serv 5s
*——^.1953 . •,
Gatlneau
5%
900
2%
%
79
101%
J-J
700
3%
x3%
62%
1
3
71
1106% 107%
M-S
1958
'
__
99
68%
111
103%
—1952
District El 5s—
Federal Water Service 5%s
Empire
9% July
100
3%
3%
3%
100%
102% 102%
-
102% 103 %
F-A
M-S
1956
Lt & RR bs
4% Mar
'
,
54
54%
37
98",
103
J-D
•
1
preferred
Power
Water
Elmira
1953
77% July
45% Aug
Feb
175
104% 104%""
J-J
F-A
J-D
9
36%
68
54
1115
M-S
Jan
107
105 %
54
103%
M-S
1% Aug
7% Aug
Feb
275
1%
103%
103
Jf-S
Fuel 4s ser A———1956
& Light 5s
2030
Eastern Gas &
Electric
1950
1950
1963
July
"
87
103 Va
99%
103 %
J-D
Jun
1%
101%
36
100%
1941
%
104%
23
99%
1973
Jan
85%
'
F-A
J-D
..—1965
6% July
265
108
104% 104%
69
A-0
1944
Cuban Tobacco 5s
150
105%
50
J-D
J-D
J-J
N
120%
150
49%
102%
F-A
A-O
A-O
M-N
Power & Light 5s
Coal 4s.
5
Sugar
1971
1969
115%
119
M
1100% 101
M-S
2%h ser Q
1976
Consolidated Gas (Bait City)—
Gen mtge 4%s
.—1954
Continental Gas Si El 5s
1958
113%
3
10
,
1106% 107%
-
J-J
1st ref mtge
180
100% 101%
J-D
A-O
series N
mtge 3s ser P
109
107
101 Va
49%
^1952
—1955
Cities Service
5s
Jan 1966
Conv
deb 5s
1950
Debenture
5s
—1958
Debenture
5s
1969
Connecticut Lt & Pr 7s A
1951
Consol Gas El Lt & Pr (Bait)—
ref
29
97%
102% 103
103
M-S
1st
29%
85%
—
;
29
3
50%
1927
3%s
a
101% 101%
M-S
B
108%
;
22%
22%
-
1107% 110
j-j
.,
23
v
.
29%
23
84
^437
27% ; 9J>j;40
96% %"3
28
119% 120
J-D
Uf-N
J-D
stpd—1953
j A Chicago Rys 5s ctfs—
Cincinnati St Ry 5%s A
Georgia
Feb
Jun
1,500
•
Utah Power & Light $7
-
series
95 %
Jf-a
A——1948
42
7%
1
Products Co
s
29
113% 114%
J-J
J-D
69
6%
10
,+.
Gas 3%s
&
§ACentral States Electric 5s
27%
27%
1108
1948
5s__
27 %
26%
26
95%
1954
111 El
Central
26
.
26%
1968
Power
Northern
Canada
26 %
1970
1953
1964
Birmingham Electric 4V2s
Boston Edison
2%s
*
23
7
113
1155
AGeneral Rayon Co 6s ser
600
7
-•
1
1998
—1962
6s
6y2s
BIckford's Inc
95
26%
J-D
M-N
Q-F
A-O
——1960
-
...
106
79%
95
flOO
General
600
—
Insurance
C
103%
94%
J-D
1957
series B
5s
M
5s series
14
26%
M-S
M-S
—.—.-1947
128
92%
of Canada—
Telephone
109%
124%
104
26%
101%
107%
127
26%
Jun
850
2%
B
City Eiec 3%s
Atlantic
124
104
F-A
A-0
F-A
1955
1964
5%s A
Assoc T & T deb
Aveiy & Sons (B. F.)—
5s without warrants..
109% 109%
92%
J-J
Apr
44
8%
Universal Cooler class A—.
Class
—
5%s
deb
104%
99
2
30
Af-3
—1948
1949
1950
—.1968
1977
93
73%
8%
Universal Consolidated Oil
Universal
5s
A Debenture
AConv
101% 101%
il01%
104
■
Feb
72
8%
50c;
Paper
4%s_
deb
AConv
108%
109%
32
+
J-J
J-J
106
106%
109%
ft Jan
6% Mar
2
—10..
Wall
Elec
105
102%
100% 101%
J-J
A-0
1956
1953
& Lt 5s
Pr
Associated
NO.
Htoh
High
-Low
2
101%
63% Mar
42%
72%
Reclaiming
United Stores common
United
6s
Paper 6s
Writing
January 1
Sold
102% 103%
U07% 103 %
109% 109%
39%
'
U
2016
Lt deb
Pow &
Amer
Range Since
Bonds
Friday's
Bid & Asked
+
J-J
M-S
J-J
J-D
Apr
1,300
1%
•
or
/-J
Jun
263
1
5
•*
•
1
B
—1950
1960
——1070
2%s 8 i debs——
90
1%
Week's Range
Sale Price
Si Electric Co.—
American Gas
50%
3,500
__
Jan
Last
Interest
33%
61
11% July
4% July
Jan
2%
Feb
18
%
1
and International Securities
$5
May
15,000
%
23
United Specialties common
U S
Jun
7%
50
17%
59%
250
10
25
Preferred
U 8 Foil Co class
7%
4
preferred
10%
United
Feb
66
300
100
Sharing
Proiit
Feb
v:';
dep rets ord regis
Canal
United NJ RR &
United
3% July
7%
£%
27,200
:
88
.-17
3
32
1%
115%
33jj
%
•
•
*
•
—
participating
2VB
1%
85%
17
17%
•
A
B
preferred
United Milk Products
Amer
2,800
9%
Jan
4% Aug
:
59
....
United Light & Power common
$3
10%
—.
400
J4% Jan,
•
preferred non-voting
Option warrants
1st
40
68
3%
•
3
—
$7
$6
68%
2%
200
:
'St
—
United Gas Corp common
Common
6%
warrants
worp
United Elastic Corp
1st
x4%
5% July
Jan
2%
~4%-
•j
United
700
5%
5'/a
5 V#
10c
Co——10
•
Union Stk Yds of Omaha—.—
100
United Aircraft Products.
—1
United Chemicals common
•
$3 cum & participating pfd
•
United Cigar-Whelan Stores
...10c
j. $5
preferred
—
•
Prior preferred
—_20
7%
10,600
Low
6s
t
200
3%
Friday
■
Curb Exchange
York
New
—Period
.'
Arkansas
Tampa Electric Co common
Technicolor Inc common
10%
it
16% July
% Feb
11% Aug
1,000
■1*
r-
Apr
Feb
8%
525
2%
2%
1%
Jun
14% May
Jan
7
15% Aug
7.500
14
2,300
10%
6a
—*
Hargreaves Ltd
6
3% Jan
100
10%
Sep
52
100
2%.
5%
9%
Jan
Apr
Jun
9%
Jan
1,300
5%
5%
1%
Cement class B com
15%
Jan
Jan
5
1,200
12
U
'5 V*
July
6%
111
Apr
3% Aug
43%
II
110
10
6% Aug
12
Feb
Jun
58% Aug
13%
"5%
~8%
"8%
Jan
5%
.•
receipts
deposit
Amencan
Wright
3
1,700
2% July
Apr
Feb
53 «/2 Mar
2%
Finch Oil Corp
A July
6
14 Vt July
Jan
10
10
1
Portland Cement
Wolverine
Woodley Petroleum
Woolworth (F W) Ltd-
Aug
13% July
:<
5%
Mar
97
Jan
5%
8%
200
1
High
Low
.
13%
pfd—1U0
Light 7%
A July
High
12%
Range since January
Shares
*
Winnipeg Elec common B
Wisconsin power &
Low
•
•
1
Products Inc
Wlllson
% Aug
% May
18,300
ft,
Aug
July
%
Jan
54
1,500
11%
%
—5
•
*
1
& Co new common
Stroock
150
89
;: ' n
%
•
^orp
ouiiivaxt
:
n
1
1
—1
.
Inc
(J B) Co common
Superior Port
20
Aug
3% Aug
it Apr
*y
Products
Sterling Aluminum
Swan
it
..
1
50
preferred
Sun
Jan
5i%
6'/i>
Sterling
1,100
16
110
110
1
Sterchi Bros Stores
Williams
Jan
.
18%
(R C) Si Co
Oil-O-Matic Heating
Williams
26
2
18
1
1
—J
ctfs—1
*
Products Co
Standard S:Uer Lead
Standard Tune class B
biarrett (The) Corp voting trust
Steel Co oi Canada
Stein (A) & Co common
15% May
300
18
18 V*
Preferred
Standard
Jan
600
3%
for Week
of Prices
Par
Jan
700
25%
3
•
class B
Common
6
14
24'/a
24%
Sales
Range
Sale Price
High
13%
-1
Convertible
%
Low
,
Week's
Last
Curb Exchange
York
New
Range since January 1
HlaA
Low
Friday
STOCKS
Shares
of Prices
Sale Price
8
SEPTEMBER
for Week
Range
La*t
Exchange
Curb
ENDING
bales
Week's
Friday
STOCKS
York
New
WEEK
FOR
Monday, September 11, 1944
FINANCIAL CHRONICLE
107
110%
•
113
88 Va
88%
88%
110
M-N
A-O
101%
101% 102%
16'
95%' 102%
J-D
102%
102% 102%
32
97%
...
104
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4315
.Volume 160
NEW YORK CURB
RANGE
BONDS
Friday
Curb
Interest
Exchange
Last
Sale Price
Y
N
North
Continental Utility
5'As series A (8ft
Bonds
Range Since
Sold
Low
High
New
York
Curb
2004
:
—
'
108%
111
Twin
U03
104Va
103'A
107'A
United
Electric ,N
Light
88 3A
J-J
1948
30
Week's Range
or Friday's
Last
1st lien
95'A
82
City Rapid Transit 5'As
1945
M-N
Ohio
1968
1971
A-O
A-O
106% 107%
27,
105'/a
107%
1962
F-A
106'A 107
3
105%
109'A
Oklahoma Power & Water 5s
1948
F-A
103
'103
2
1021/2
Light 5s
Park Lexington 1st mtge 3s
1955
P-A
104% 104%
6
103%
1364
J-J
$54%
105'A
55%
Penn Central Lt & Pwr 4%s
1977
M-N
106'A 106'A
1949
J-D
1959
A-O
5%s_1952
A-O
4s
&
Power
Rys
101%
Range Since
Sold
High
January 1
Low
NO.
101% 104.1
57
V
$110% 111
Power
1st
mtge
3s
1st
Ohio
Public
mtge 3'As
Service
4s
102%
102% 102%
1
108',2 108%
108
United Light &
104%
5
-
102%
110
6s
<
96%
$108
104
110
102
103% 104
Debenture
108 'A
102%
12
106%
Railways (Maine) —
1952
Utah Power &
•
104
Co—
(Delaware)
A
series
High
96 Va- 102
'
104'A
Pacific
J-D
& cons 5'As
United Lt
Ogden Gas 1st 5s—
&
J
1952
Bonds
Sale Price Bid & Asked
Lot"
Corp—
redeemed)
Interest
High
88
J-J
Exchange
Period
111'A
J109
:
Friday
January 1
No.
Friday's
or
8
United
Ltg 4s
Westchester
&
Jf-N
1964
SEPTEMBER
BONDS
Bid & Asked
Low
N Y State Elec & Gas 3%s
EXCHANGE
ENDING
Week's Range
Period
York
New
WEEK
FOR
1105
P-A
$113% 114
2022
Jf-N
$115
1954
M-S
1951
3-D
105
109
1964
J-D
$109% 109%
108%
110'A
—2030
A-O
1960
J-D
$108'A 110'A
$117'A 119'A
105'A 1093s
114'A 118
113 'A
Light Co--
6s
series
>,
-
A
^
116
•
115%
•
.
iU%,H6%
Waldorf-Astoria Hotel—
1st
&
Power
5s
M-N
1979
-
57
$106
40
104%
107
$106% 108
106
J-3
$107'A 109
106%
1972
F-A
1962
3'As
Philadelphia Elec Power 5'As
Philadelphia Rapid Transit 6s
m-a
108=
108% 108%
$107
West
108
.:
Penn
West
108'A
117
5s
106
107'A
6s
stamped
Potomac
4'As
Power
Service
6%
of
New
perpetual
10
106
conv
1
108%
1
92%
3-D
97%
108%
3-D
1932
Af-S
1951
J-D
Scullin Steel inc mtge 3s
1951
Shawinigan Water & Pwr 4'As
1st 4'/as series DJ
1§6£
A-O
A"°
A-O
4'As
Joaquin Lt & Pwr 6s 3
South
Estate
6s
California
Counties
1st mtge 3s
137%
i04%v>
104
104%
110
!
a1
110
Mir
89%
104'A
8
103%
104% •104'A
;-i/
106
106
164%
A-O
1970
(Calif)—
--—.—^—^.-1971
Rys 4s
.—1951
$107
v-
105
Af-S
-1989
M-N
L
8s
Spalding (AO) deb 5s
-
(stamped)
6s
Debenture
6s__
1
inc 5s
Stinnes (Hugo) Corp—
Texas
97%
98
19
86%
Toledo
Ss«L~
Service
&
Power
29
82
3-D
97%
97'A
97%
33
86%
8
97
97
98
51
86%
97%
32
97%
97%
$44%
F-A
A-O
86%
,
48%
39
99%
86%
"■
7s
AParana
A Rio
stamped
$60'A
High
51%
y
—
27
57
54
—
$60'A
—
,
'
55
.;
16 %
30
62
83
60
.
82
$29
-
•.
'
.
M-N
21
/17
22
34%
tut;
—
.
46
1.18
$40
A-O
$40
J-D
1931
1972
V
29%
,
33%'
20
M-8
40%
-
i;)
17%
.
58
,
79%
•.33'
40%
40%
40
'A
40 'A
5
6%
6%
30
3%
8%
6%
3
3%
8%
1959
J-J
1919
J-D
1921
A5'As
40
16
$70
?
1958
6'As
37
36,;
.
$16
J-D
V
'
6'As
Government
M.
-
.
19%
'
2
45
.
7s
Janeiro
J~.
19
J-D
1947
_
•
••
30
19
$40'A
1947
1927)
•'.I
$17'A
M-S
M-N
1951
May 1927)
(State)
de
A Russian
53
■
6'As stamped_1958
1958
/ A7s (issueiof
98%
29%
(Peru)
7s
•
98%
98%
City
■
98%
F-A
$37
—
43
$35
J-J
J-J
6%
6
41%
34
43%
■■
41
19
20
20
20%
--
45
41%
106
106
-
8
117%
104
J-J
108% 108%
107
}
Deferred delivery sale,
a
xEx-dividend.
*
d Ex-interest,
e
Odd-lot sale,
Under-the-nil6 aala.
n
<-"y.y-v
.
,..
r:-.
Abbreviations used above—"cod," certificates of deposit; "cons,"
consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust
certificate*)
"w L" when issued; "w w," with warrants; "x w," without warrants.
101% 105%
lh:
sale,
$Frlday's bid and asked prices; no sales being transacted during current week.
4
ABonds being traded flat.
§Reported in receivership.
\.
119
4
104%
Cash
104% 106%
105
108%
$118
F-A
1968
y2 ;-
'
106'A 107
107
r
1
40%
106
3-J
2022
3'As
40%
—
W
M-N
—1979
5s
*No par value,
.
A-O
194S
-I960
1956
Light 5s
Power
Edison
80
A Mortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
99%
1966
-—
A
Water
80
J-J
6'As stamped
Als (issue of Oct.
99%
98
't
.
series
6s
Tide
F-A
1952
J-J
-fy
—
'
of deposit-—
Industries—
stamped
Electric
7 '
1953
5s
Mortgage Bank of Bogota—
91%
97'/a
•
Low
83
AMedellin
(Hugo)
2nd
Texas
f
97%
97'A
January 1
0.
30
A Lima
.
83%
Range Since
Sold
High
83
AMaranno
101% 104%
14
89%
Bonds
29
A-O
1955
AExternal
105%
97'A
A Certificates
7-4s
89
3
Week's Range
or Friday's
Last
Sale Price Bid & Asked
M-N
5'As
Extended
72%
86%
106% 108%
■
97%
A7-4s 3d stamped—1946
-
89%
'
F-A
1957
—1950
6s
AStarrett Corp
Stinnes
'iJ.iL
1957
Dec
gold debentures
Standard Power Si Light
*
:
Interest
Danzig Port & Waterways—
1-951
6s
|
-
101% 101%
—
A-O
A-O
May 1948
May 1948
stamped
Debenture
100'A
J-D
Electric—
&
Gas
100
96%
Danish
109
103%
iSfSS
108%
Friday
Exchange
,
106%
107
82
81
Curb
_
106'A
104
108%
2022
6s
9 7'A
96%
100
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1946
A 20-year 7s
Jan 1947
Bogota (see Mongage Bank of)
ACauca Valley 7s
1948
105
"5
106%
$105
Southwestern
6a
85
100
Low
105%
14
106
106%
York
Period
105% "
103'A
-
108
106
M-S
BONDS
New
93%
10434 105%
105%
$104% 105'%
Conv
94'A
$99'A 100
100
82%
86%
$107
'
J-D
94%
J-D
128
f
5
J-3
1965
3'As_
Gas
127
89%
F-A
Standard
94'A
1937
1947
113
Gas
&
1959
stpd
Foreign Governments & municipalities
104%
73%
3-3
3s
98%
109'A
$81
■
J-3
F-A
P
5s
152
"
4
.2
$126% 128
1970
.
Indiana
109
103% 105"%
Southwestern Gas & Elec 3'As
Southern
45%
99%
106%
1
1947
Edison
Southern
:
5
143
-
—1957
5s
Power
California
Southern
5s
debentures
Co
$
-1970
Wyoming Coal 6s
Carolina
Southern
8
105% 105%
J-D
Sheridan
'
143
:
A-O
1979
Real
97%
107% 108%
M-N
■■■■--
1952
ASchulte
24%
1
111%
Af-S
Queens Borough Gas & Electric—
5'/2s series A
San
f
s
Rys
Jersey
certificates
Water
73-
112
108% 108%
Safe
Harbor
39
106
Colorado—
3'/2S—
Sinking fund deb 4s
Public
106% 106%
A-O
1964
1949
4'As B
(Can)
37
103
103
100%
M-N
1959
E
Public Service Co of
mtge
103
$102
1956
1961
5s
P
Corp
1st
1950
extended
Edison
series
Traction
AStamped 5s
Co—
J-3
38
106
Newspaper Union-
f A York
Portland Gas & Coke
dabs
Electric 5s
Penn
Western
108
109
income
109%
J-D
1970
Pennsylvania Water & Power 3V4S-1964
A5s
Ry & Elec 4s
Wash Water Power 3 'As
107%
105'A
2
Wash
111
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
SEPTEMBER
8
.
.
,
,
5r-:
Baltimore Stock
Exchange
Friday
STOCKS-^
!.'/
'
Week's
Friday
V
YYYY
Last
toW
Par
Arundel
Corporation
Bait Transit Co
Preferred
Consol
t
v
E
Gas
t
v
&
Power
of
Co
Amer
20
com.._—L'
A
Houston Oil of Texas 6%
I:
V
11%
11%
11%
68
68
142%
14% Apr
1.00 May
2.15
7
Apr
69
40
64%
20
136
July
11%
..
■,
/;
12
300
10
29%
200
27
18
150
-
Jan
28'A
25
-Feb
Jan
Jun
7% -preferred
H
12
Sep
30'A May
29%
Western National Bank
;
50
--—.20
—
30
35%
3.25
227
May
>■
*
U
35
;<Jun
33% Jan*
15
38%
'Jim1
2.00
110
36%
38'A
w
29 'A
20
3.25
35%
-100
com
Fidelity & Guar„___
Mass
:
32
Jan
38'A
'
Mar
3.55 Feb
41
'
Sep
1975
59
60'A
5s
series
A
1975
63%
5s
series
B
1975
99
64% July
4,000
fj
59 V:
Jan
70
99
Sep
102
Last
STOCKS—
Sale Price
Put
American Sugar Refining
American
&
Tel
100
162
Shares
High
46%
164
————50
New
-
Lota
,1- i
29
:
49%
Feb
49%
130
;
2,130
155%
Jan
27%
1.007
24%
Feb
164
25%
High r
'
Boston
Si
pfd_
Albany RR
100
Edison
Boston
Elevated Ry
107%
25
Boston
100
35%
122 ' 122
107% 112%
35%
100
113
Boston Herald Traveler Corp..
Boston
7<?
July
&
Maine
122
Jan
115% May
1,760
36'A
96%
32%
Jan
36% Aug
Jun
preferred
5 7o
8?o
100
100
7■%
class C
10%
class
pfd
_
_
1st pfd
Prop
&
Jan
37
36%
38%
865
26
Jan
y
24'A July
2'A
2'A .;
2'A
35
2'A
Feb
4
Feb
75
-•-y
3%
Jan
8
North
?---
5%
6%
Jan
8% Mar
_
5%
713
-
6%
6%
100
3%
Jan
8
7%
195
5
Jan
8%
:::~ioo
5%
footnotes
8
200
5
Jan
13%
14%
181
12
Apr
30%
_.30'A
30%
38
6%
25
3%
5
•
see
page
1111.
13
13%
720
6%
14
~6%
6'A
5%
14
6%
yyv vy.v 7;
15;%
32f-r<>
■—
14
15^fi" fr
42
4
37%
12
1
38^A i2^Ay-
7
7fy..:
.
42%
'
H
_
.
"
,.15
5
common-'-—
1%
i%
30%
"3%
3%
50
—100
v
t c
.
.
;7
4
10%
56
'■
;u
••
••
16'
Jan
7%
5%
1
405
.
Jan
Apr
;• y 15% Aug
v
7
44
7
2%
3%
100
!
135
23%
60c
Jan
47%
57
220
10%
310
14%
16'/8
365
7
11%
Jun
>6
Jan A
200
Aug
34
Jan
1
7'A Aug
Jun
33 %
4% July
Jan'
28%
Sep
Jun
2%
Feb
25
>
v
Jun
.
30
v-
39'A July
•?'«• 13%
Jan
29%
•
Jun
'"32%-Jan
33% May
50
300
"
13% Aug
Jan
Jun
35%
■
200
•:-•
Jan?
8% Jan
95
10%
;
15%
'/.y
•773
4
95C
56
—5
.
31
28
28
1
*
Linotype
1^8
32"%
3'%
y
261
-7 •294
31
100
common
8 %
14%
250
28%
100
31%
Sep
Aug
21% Mar
Feb
36% Mar
l'A Mar
Jan
58
Jan
10% Aug
17'A July
Feb
Jun
«
—
_
100
Butte
-2.50
Mining
RR
36
37
107%
107
35c
38C
100
(N H)
104
37
70
13
24%
Feb
109%
220
103%
38c
222
30c
98
41% Aug
Jan
Jan
8
104
109%
Jun
46c
Apr
Mar
105
Jun
u
Mills
Pacific
RR
Mining
50
28%
25
Co
l'A
38%
38%
35
25%
Jan
40%
28
V
Pennsvlvnnlo
29%
362
25%
Jan
31% July
1%
350
86c
Feb
205
12'A
Jan 4
l'A
2%
Jun
Shawmut
•
Association
V777,':":
Stone
&
Webster
Union
Twist
Drug
United Fruit
11
28%
Jan
6
May
Shoe
United
6A
U
S
•
—
DrfilLjiL
_
5
13%
14
.
Jun
-
15
July
'11 'A July
"9%
9%
10'A
T85
34%
34'A
34%
30
32
36
Mar
28%
28%
28%
25
23% "Apr
28 %
July
12%
Apr
May
Feb
Inc
5
15'A
15%
COik-t'2£
»
85%
84
15'A
86%
295
75%' Jan
17% July
88% July
25
71%
71%
73%
325
69 %
Jan
78
25
42%
42'A
43'A
140
42
Jun
45
48%
50%
135
40%
Feb
53%
11%
12
172
10%
Jan
12% July
29
29
75
20'A
Jan
29
Sep
139
91%
Feb
107%
Jun
10
Sep
10
Sep
Mathinery
preferred
common
-—i
Rubber
10
Feb
Waldorf System
Inc..
14%
July
42%
55
'
July
July
Warren
(S
River Oil Corp
D)
Feb
11%
Jun
Co
*
Mfg
-
6"
101% 104%
Feb
7'A
—*
Wichita
9% July
.
•
Inc
Co
.
Mar
7'A July
Feb
8
13%
1C
Co
Jan
*
Co
_
preferred
Northern
Mar
4
'
5%
*5%
42% July
7
9
Hecla
Range
For
19
100
Service
Copper
435
_100
stampedTrust
Boston & Providence RR
Cities
250
23
100
__
1st pfd
D
Personal
Calumet
68
23
100
1st
Stamped
Boston
66%
100
—
13
....
England Tel & Tel.
United
100
_____
__
class B
66%
23
class A 1st pfd
Stamped
271
83
74'A Mar
66%
RR—
6 r!o
19
—
106%
ISep
Jan
237
it
,
prior preferred
18
6'A Mar
Jan
England Gas & Elec Assn—
New
Torrington
100
Jun
Jan
54
15%
preferred
Quincy
Bigelow-Sanford Carpet 6%
4%
f
100
92
•
(Del)
5
106%
Sep
164'A July
28
5
25
•
Copper
Corp
5'A%
Bange since Januar y 1
Sep
31%
Nash-Kelvinator
Sales
Sep
43%
60
Narragansett Racing Assn Inc
for Week
of Prices
Low
100
Tel
Anaconda Copper
Week's
Range
74%
Jan
a
Bakeries class A_
Mergenthaler
Friday
Jan
32%
83
•
Razor
Mass Util Associates
Exchange
56%
175
;;
•
Maine Central RR
Boston Stock
y
•
preferred
5°Ia
325
80
common....
Royale Copper—
Kennecott
6%
74'A
42%
105
100
__
Stores
Gillette Safetv
Lamson
Sep
73
Grocery Stores
First -National
Jan
2%
100
General Electric
July
2,000
65 %
100
Jan
51
$8,000
Feb
100
"JJLJ
Engineers Public Service
Isle
4s
100
Ry com
B.
Eastern SS Lines Inc
Hathaway
BondsBaltimore Transit Co
Street
pfd adjustment
Economy
1%
41
preferred
5%
High
a •
100
2%
73%
1st pfd series A
6%
Low
'
2%
2%
Employers Group Assoc
.-25
;
Vernon-Woodbury Mills
8
0%
Shares
High
it
____
prior preferred
Eastern
Jan
-J-
LOW
•>
,
:;.'iu<>hr ,Yr.y >
1 (•■')
; :•>/A->
Range since January 1
Associates-
6% preferred
Mar
Monongahela West Penn Pub Serv—
Mt
4% %
12% Aug
Apr
3,830
«
142'A 145
5
pfd vtc
••.J.
760
2.00
Gas & Fuel
Common
High
623
16
1.80
G8
*
com
Fidelity & Deposit Co
Finance
1.85
-100
c
L
16
•
c
low
Eastern
for Week
of Prices
Par
Range since January 1
High
15%
•
common
V:
Sales
Range
Sale Price
Sales
Shares
Week's
Last
i
for Week
Range
of Prices
Sale Price
STOCKS
r
•
15
13%
Feb
17'A Mar
150
5%
Jan
7'A Aug
10
10
10
10
10
Bonds—
American Tel & Tel
conv
3s___
1956
121% 121%
$5,000
121% Sep
121% Sep
THE COMMERCIAL &
1106
Monday," September 11, 1944
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
RANGE
FOR
SEPTEMBER 8
WEEK ENDING
Week's
Friday
Last
Chicago Stock Exchange
(J D)
Adams
Castings-
Ball
Bearing common
Allis Chalmers Mfg Co
Aetna
Co
Ac
Armour
Equipment Corp common
Asbestos Mfg Co common:
Athey Truss Wheel capital
3
3
*
Washer common—
Automatic
Aviation Corp (Delaware)—
3
■
4%
(EL)
common
III
preferred
—
pfd
Centra! States Power & Light
Co
Belt
common
Convertible preferred
Jan
2
4%
Jan
7% July
800
1% Feb
3% Aug
4%
400
3% Jan
5% Aug
'
26%
100
Jan
27% July
4%
Jan
12% July
Jan
46%
10%
200
Jan
11
capital
—————
8% Aug
17
17%
700
16%
Jan
20%
41
20c
34%
Jan
41% July
18%
18%
100
14%
Feb
4%
11%
4%
300
26%
27%
200
X6%
27%
6%
50
11%
11%
200
Feb
3%
5
Jun
July
Jan
4%
27%
Sep
Jan
22
7%
Co
common
common
Consolidated Biscuit ccmmon
Container Corp of Amer common
common
Cudahy Packing Co 7%
Jan
9
Cunningham Drug Stores
81
Mfg Co 6% pfd:
1
.Co common..
Rollins Hosiery Mills common
Jan
21
50
20
99
90
88% Apr
12% July
&
Co
Serrick Corp class
i
11%
24
24
Indiaha
Storkline Fur Corp
Jan
25% July
15% Aug
-
11
100
85
Feb
97%
-•
6%
600
6
13%
13
21%
11
12%
32%
32%
33%
18%
»
19
...20
3
Fansteel
Metallurgical
15%
16%
.250
10
10
10
General
130
119% Aug
58%
Jun
69
Sep
10
7%
Jan
10%
Jun
20
6
6%
12,550
900
49
4% May
44%
Jun
July
6% July
50% Jar.
34%
35%
850
34%
Sep
39
46%
200
45
Sep
113
20
59
59%
80
88%
IOO
111%
Feb
Jan
63% Aug
98
12%
3%
3%
500
27%
4,400
24%
Jan
6%
5%
6%
6,950
4%
Jan
25%
26%
200
20
Feb
25
26
300
19
Feb
Sep
2% May
Jun
17% Mar
3% Aug
28
27
99%
260
93%
Jan
24%
150
20%
Jan
"£%
10
10%
300
18
10%
18
200
2
Apr
6% May
15%
Jan
55%
*
Corp
11%
6%
*
common
69%
8
40%
Curtiss-Wright
Martin
Jun
Nash-Kelvlnator
Corp—
Central RR capital
1
r*
•
Paramount Pictures Inc
Incorporated
(The)
Oil Co
—
common
16%
5
5%
2,050
8%
8%
250
18
Inc
(Geo)
common
*
25
common—.—.——1
common
10
50
40%
Jun
Feb
66
11%
200
4%
Jan
13
600
8
Jan
13% Aug
8%
50
7
Feb
9
July
46%
50
38%
Feb
49%
20%
600
19%
Jan
21% July
11%
12%
700
9%
Jan
12% Jun
Jun
46
46
46
120
37
Jan
12
13%
390
12
Sep
47% Aug
14% July
35
35
36
290
34%
Feb
40
13%
Jan
18% Aug
4%
1,800
1% Jan
capital
Indianapolis Pr & Lt
Steel
International
Interstate
$6
Jarvis (W B) Co
*
common
Harvester
Power
18%
6 %
79
common
L__9
preferred
capital
Katz
Co common
1
Switchboard common
Drug
Kellogg
Tube 8c Lamp
May
6
18%
300
6 %
250
16%
79
200
6%
8
70
17
16%
300
_1
6%
6%
6%
6%
50
6%
6%
1,000
17%
18
Kentucky Utll jr cum pfd_—
50
52
52
LaSalle Ext Univ common
J5
Leath
&
Co
.
_*
common
Cumulative
preferred
Champion Paper & Fibre
*
Churngold .——i—:
—
Cincinnati Gas & Electric preferred.100
Cincinnati Union Stock Yards
Crosley
Material
Lion
Oil
McCord
Co
West
Midland
Corp
United
Common
.
1'
Util
prior
38
7%
4%
3%
Feb
7
Aug
Jan
38
30
6
250
5%
13%
50
32
6%
Apr
4%
Jun
10% May
20
20
50
18"%
Apr
44
46
370-
22%
Jan
16%
16%
450
13%
Jan
A
7%
250
11%
11%
11%
2,650
9%
Feb
%
%
: %
100
io
Jan
*
100
5% Mar
23
22
14%
23
300
14
16%
750
18% May
5% Mar
13%
16%
350
5% Mar
50
1,000
2%
,
10
49%
17%
National
3
10
6%
9
American Car common
111 Corp common
~
.
pr
■
"*
pfd
_
B
common
Perfect Circle (The)
For
(The)
footnotes
—
30
Co
see
page
■■
3%
II
Preferred
Sales
for Week
Range *)nce January 1
Shares
ii
12%
.25
8%
Apr
12% July.
30%
31%
142
25%
Feb
34%
26%
30
22%
Apr
29% July
,
11
11%
125
May
13% Mar
<
107
107%
79
100%
Jan
603
7%
Jan
I
107% July
8%
7%
7%
75%
75%
76
11
11
10
169
11
100
8%
80
July
11%
23% July
21%
160
17%
Apr
7%
7%
105
5%
Jan
8
4
•
i
Mar
Jan
20%
4
Jun
9
Jan
72
21%
I
Aug|
May
-
I
|
44
44
50
35
Jan
44
Sep
67
67
6
67
Sep
69
Apr
•>
17%
44
18
310
15
Jan
18
Sep
33
107/a
Feb
13% July
|
I
36% July
ii
11
11
35%
35%
35%
384
31%
Jan
Jan
56%
25%
215
21
26
Aug
56%
57
502
52%
Apr
59
July
v
20
20
5
10
Jan
22%
Apr
i
12%
12%
149
Jan
13% July
39%
39%
20
35
Apr
41
July
July
25
20
39%
50
—
High
Lou
High
8%
..
Unlisted—
14%
15%
314
12
Jan
17 %
21%
21%
20
15
Jan
24"% July
4%
4%
4%
62
60%
59%
62%
29 Va
29%
29%
50%
50%
.25
•
City
Fuel
&
Ice
Columbia
General
*
Gas
._io
Motors
•
Brands
Standard
*.
0
Timken
Bearing
Roller
J?:
Cleveland Stock
7% July
12 %
Aug
5%
Mar
Jun
298
51%
Jan
66
27
28%
Jan
5
n
3%
43%
Apr
33% July
52% Aug
July
%
2,300
16%
4%
Range
16%
Sep
stocks—
Akron Brass Mfg
Jan
% Aug
Apex
% Sep
3% Jun
550
9%
Jan
41%
Apr
11% Aug
51% Sep
Cliffs
250
18
250
14%
Jan
18
Detroit
17
300
,Apr
17
Aug
Sep
Jan
38
July
General
>33% Jan
44
Sep
41
36
.
100
44
700
20
150
32%
Corp
Iron
Eaton
Mfg
T &
Goodrich
R
(B
Co—
1
F)
17% Mar
20% Mar
Goodyear Tire &
200
10%'. Apr
12%
Great Lakes Towing
16%
Jan
Rubber—
pfd
SteamshipMachine
& Laughlin —
50
95
Jan
125
July
Interlake
30
31
70
22
Jan
34
Mar
Jaeger
3%
July
10
96%
Feb
135
14%
Jan
25 Vs
July
20%
20%
355
18%
Jan
81%
80
81%
475
63
Jan
85% July
17%
17%
17%
5,037
6%
6%
"300
a46% a46%
20
9
25
f
Jan
•
13%
Aor
4%
Jan
\
1
July
^19
4
17% July
41
Jan
19%
Jun
50
'
a24
49%
*
a24
49% ~
25
40
Feb
25%
Jun
40
Feb
54%
Jun
36%
Feb
50
"""Jim
49
Jan
47
47
105
42
*
43
40
42
Aug
'
—_—.—100
Bros
122
1,400
21%
102
A
Sep
121
3%
102
6% July
5% Feb
100
22%
10
Nav
——.—r
_—
450
3%
6%
High
LOW
High
-
12%
22%
Range stnce January 1
Shares
5
preferred
common.
Cleveland
22%
Sep
21%
8alea
for Week
"
&
12
:
102
1
Cliffs
Cleveland
6%
50
-100
*
Elec Mfg pfd
51%
.12
—
City Ice & Fuel
Clark Controller
Jan
Low
Pat
ft May
1%
of Prices
Sale Price
Sep
Exchange
Week's
Friday
Jan
4% May
88
90
300
79
Jan
94 % July
1"7%
200
17
Feb
29%
650
26
Jan
31% July
Leland
34%
100
31%
Jan
36
Medusa
4%
4%
500
2%
Jan
—
51%
100
*
*
—
51%
50
47
33%
220
31
Feb
21
255
Aug
5% Aug
Jones
20% Aug
a23 % a23 %
—
Kelley Island Lime & Tr
51%
Feb
33%
20%
?
20%
20%
50
Sep
38% July
23
Jan
27% July
Jan
19% May
28%
x34%
I
—1
1111.
Printing
S.
17
..
..10
28%
common
Week's
Range
of Prices
107
*
*
Rapid
21%
12%
.100
.100
HI
Switch class A—
Pennsvivanin
RR
capital
Potter Co
«
2%
11
19%
*
__3
preferred
Elec
Gamble
&
17%
x49
x36
43%
.100
Co
Procter
Halle
lien
preferred
Coal
36
20
common
Lunkenheimer
16%
«■
*
Noblitt-Sparks Ind Inc capital
2%
10%
Montgomery Ward 8c Co com.
Nachmann Springfilled common
Pressure Cooker common
National Standard capital stock
53% July
Last
%
—
58% July
20 Va July
*
:
24% Aug
7
%
Common
$1 prior preferred
Apr
Feb
Sep
*
"
Kroger
A July
100
A__.
14
40%
100
26%
100
1
*
Investment
Foundation
17% July
7%
•
prior lien
lien—.
550
200
47% Aug
16%
%
Peabody
Jun
44
%
Penn
8
5
—
18%
49%
51%
13% Aug
21% July
l
com
6%
Util
Sep
8% July
Co—
Bancorp
Jan
Jun
5,700
51%
17%
Wt —
—*
Daniel
&
Early
July
8
21% July
32% July
8 % Mar
4
100
1%
6%
18% Aug
Hart Inc—
Nor West
Jan
6% Aug
52
38
7%
13%
*
capital
preferred
Jun
Jan
preferred
Northwest
18%
Jan
7%
North
Jan
Jan
ioo
North
Jan
1%
preferred A
Miller &
Sep
10
10%
6%
.
13%
80%
Jan
•
—
Convertible
Midland
8% July
Apr
4%
*
common
Mickelberry's Food Prod
Sep
47%
300
1
Mfg class A
Field
5% May
Apr
Apr
16
800
*
7%
Kahn
68
July
'
—
18%
May
10
5
common.
Refining Co capital
Rad &
Marshall
Middle
7
Drug
Hilton-Davis
16
12
8%
3,250
Jun
12%
*
Corp
8% Aug
100
7
Telephone
Cincinnati
19% July
23% Jun
Jan
Mar
Low
50
50
*
Cincinnati Street
Mar
150
3%
6%
«
—
Libby McNeill & Libby common
Lincoln Printing Co common
Line
3%
—*
—20
Industries
American Laundry Machine
Aluminum
10% Jan
19%
18
49%
Par
U.
.1*1
com
4
51% July
Feb
51%
Aug
---■
J*
A
300
78%
6%
L
-'it
Ken-Rad
300
23
1
common
Products
850
18%
22
*
7%
15%
.100
Indep Pneum Tool v t c new
Indiana
7
10
Illinois Central RR common
Jan
15%
Sale Price
stocks—
Dow
Illinois Brick Co
29
37%
Last
July
12%
3%
Feb
200
Friday
July
19%
~4%
23%
t
43% July
51%
100
400
Cincinnati Stock Exchange
Sep
900
17%
17% July
21% July
900
18%
Corp
8% Mar
41%
17%
Apr
Jan
28% Mar
Brands
July
5%
46%
*
—1
11%
15%
Aug
13% July
1
25
Houdaille-Hershey class B
Hupp Motors common (new)
20% May
Jan
1,600
30
30
12
*
July
Sep
20
A
common
10 %
15%
11
•
common
39% July
49
19
11%
_*
Jan
Apr
Jan
15%
15%
10%
62%
8%
6%
Jun
35
47'/a
——
18%
41%
12%
4%
July
26%
10%
60
60
66% July
25%
'
18%
Jan
8
Jan
17%
■
.
•
•
Spencer Bartlett common
Hormel & Co
3% Jan
71% July
19
•
41%
28
Jan
1,750
15
Republic Steel Corp common
Rubber Co
12% Aug
Jan
16%
15%
Radio Corp of America common
Standard
Feb
56%
550
Sep
Sep
5%
July
24%
700
Jun
39%
Aug
5%
38%
18
100
Jan
9
Sep
8% July
44
Feb
56%
..
750
61
10 %
39%
May
Sep 4
7% July ■ I
7
•
1
5
-•
common—.
(Glenn L) Co common
York
5
37%
•
Co
Corp
Iron
59%
59%
,——1
—
Electric
39%
10%
12
70
Feb
34
450
S
Jun
6% Aug ;;
Apr
5%
100
100
1,650
U
17
8
42%
1,100
Pure
)
July
48% July
105%
Jan
62
100
63%
36% July
23
8% July
Jan
4%
300
12%
Jan
100
8%
1,350
6%
70
27%
29%
500
12
11%
New
•
July
29%
2% Jan
62%
125
900
133
91% Feb
25%
33
28%
Apr
Jan
100
11%
32%
13%
34% Aug
63% July
Jan
250
6%
63%
Studebaker
27%
50
45%
102
26%
Mining
Copper
Interlake
5% July
6
•
Sep
Sep
45%
102
—50
Anaconda
6% Mar
26%
50%
120
50
128
Atch Topeka & Santa Fe Ry com__100
Bethlehem Steel Corp common
•
14% Aug
13
23%
t
Stocks—
Unlisted
Jan
26%
1,850
2
common—
American Radiator & St San com
Jan
13
57%
55%
128
•
8
*
Horders
36% Aug
60
300
5
Radio
5%
Goldblatt Bros Inc common—
/
33% Jun
35%
31%
•
Zenith
General
Mar
25
20
*
' Sv
*•«
■ '
Brew Co G cap
16% Sep
50
common.—
Wri'gley (Wm Jr) Co capital——
Yates-American Mach capital.
Aug
27%
102
24%
*
,
Jan
35
5
—
Industries
Jun
6%
99
99%
Jun
Jan
12%
1,000
115
78%
27%
14%
Aug
55
13%
25
Common
Woodall
64% July
113
—*
:v
12
'*
Feb
Bankshares—
Wisconsin
Jan
17%
1,300
common
Heileman
400
30%
•
Oil-O-Matic
Williams
2,350
common
Hibb
16%
35
.100
Westinghouse El & Mfg common.
6%
Adv
•
31%
Jan
100
1
Goodyear Tire & Rubber common—
Great Lakes Dr & Dk com
18% Feb
Jan
42%
7%
48%
capital
common
13%
Razor
Outdoor
Sep
Apr
19%
27%
10
Safety
13%
27 Va
15%
com--'1'
cumulative preferred
6%
common
Gillette
400
1,050
V
Jan
Yi Aug
Jan
Steel
S
7%
12%
Corp
General
14%
30%
3%
13% July
69
17% July'
12
Mar
26%
Jan
111
5% July
Aug
850
% Mar
10
Jan
10
13%
.2
—
Sep
Jan
29%
5
29%
common—
Jan; ?
19% May f:
3% Aug ;
34% Jan ■'$:
3%
50
-
-
12%
-
350
9%
26%
common
Motors
;
8%
7%
100
General Foods
31%
100
29%
19%
?
Preferred
Jan
•7%
100
88%
10
General Finance Corp common
Apr
Jan
2
28%
350
1%
(Peter) Brewing com new
16
800
108 South La Salle Street Corp.
*>
Four-Wheel Drive Auto
Fox
43
27%
60
200
4,150
5%
common
United Air L Transp
15
common
12% Aug
32%
Standard Oil of N J
Fairbanks Morse
Feb
3%
•
Feb >'
24
July
6
5%
31%
.15% July
20
31%
1;
Jan
so
850
1
25
capital
6% Aug
*
100
%
118
(The)
5
_
10%
1,200
'■-?
•
Jun
Jan
.1
%
66
34%
Trane Co
Pullman
National Watch Co
14
3%
Utah Radio Products common
U Jun
118
6%
2 Ms
Decker (Alf ) & Cohn Inc common—10
Dixie Cup Co common.
—*
Domestic Industries Inc class A
1
¥ Elgin
:
21%
U%
5
capital—
Co
11% Aug "r.
Jan
Walgreen Co common
Western Union Telegraph com
Jan
%
&
<
250
2
Sundstrand Machine Tool common
Swift
Aug
15%
21%
150
common—5
Corp
20
6% Jan
50 ;
'
4% May
Jan
17% Mar
20
Apr
96%
•'
capital
Sterling Brewers Inc common.
Stewart-Warner
->
i
Aug
14%
:
of
3%
350
-
Feb
96%
—
Oil
Standard
11%
1
Spiegel Inc common.—...
St Louis Nat Stockyards capital
Standard Dredge preferred
Common
4%
19%
82%
43
71% Mar
38%
*
...
Works
4%
2% July
1
B common^.
Lathe
Bend
'
150
110
19%
*
common—
Sinclair Oil Corp
South
;
82
42
.4
Electric
Roebuck
Sears
2%
80%
41%
5
Co common
Schwitzer Cummins capital
Jun
22
%
13
13
48%
1
High
Low
.'l% Jan
200
99% Aug
400
Curtis Lighting Inc common
Electric Household Utll Corp
Range 8tnce January
High
10
Reliance. Mfg
Sangamo
2%
10
Raytheon
U
98%
%
pfd—100
—2%
cum
*
Jun
21
10
*
23
1
20
25
common
Uten
Edison
Low
Shares
20% Aug
5
Chrysler Corp common——
Aluminum
Jan
5
May
38%
17%
0
V
pfd
Chicago Towel Co conv
Commonwealth
100
7%
7%
8
Sep
(The) common
Corp
Quaker Oats Co common
Rath Packing common
July
8 %
33%
16
May
17
450
1,500
——
Cities Service Co
14
10%
46%
Chicago & North Western Ry—
Preferred
—
Common
300
20
45
Chicago Flexible Shaft com new
Crane Co
1
350
43%
~7%
1
*
*
Chicago Corp common
Club
200
7
3%
10
*
50c '
"
•
*
*
-a
lien pfd
Chain
Jun
1%
7
1%
'•
1
Preferred
7% Mar
15%
99
Common
Central S W Utll common
Prior
1,300
Sep
Corp—
Secur
Convertible
18%
6"% July
18%
10%
Pub Berv 86 pfd——
Illinois
Apr
10%
10
Castle & Co (A M) common
Central
Apr
4%
100
850
44
10
Brothers
Central
33%
40% July
16
1
Piston Ring common
Butler
17% Aug
*
1
5
Common
Co
Aug
Jan
5
Borg-Warner Corp common
Brown Fence & Wire class A pfd
Bruce
Aug
8
Jan
6%
26
Bastian-Biessing Co common.—
Burd
15
4%
12%
3 "
1%
7'-
*
Belden Mfg Co common
—-—10
Belmont Radio
Corp
*
Bendix Aviation Corp common
5
Berghoff Brewing Corp—
1
Binks Mfg Co capital
1
Bliss 8c Laughlin Inc common—-—5
Jun
800
38%
16%
17
13% Feb
64%
600
8
16%
5%
1
1
4
Aro
120
14'/a
53% Feb
1
High
LOW
100
16
38%
*
——8
*
common—
Range since January
Share*
62
7'/a
16%
Process
High
62
—
14 %
*
5
1
Mfg common
Aluminum
Advanced
of Prices
Low
/
*
common
Par
for Week
Range
Sale Price
pat
Abbott Laboratories
of Prices
'
Last
stocks—
Sales
for Week
Range
Sale Price
Sales
Week's
Friday
STOCKS—
13%
Jun
13
13
120
11
Mar
20
—9
20%
300
17
Jan
20%
Sep
21%
50
15% Mar
21%
Jun
10
13%
19% Aug
'
Electric
*
_i.—_t
20%
~
National
Portland
Acme
Cement
21%
*
—
1
a
18
al8
Jun
;
.Volume 160
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4315
1
-
j.
.
v.
■
■
'
■
•
1-:-
.
'
'
■
■
/
1107
:
OTHER STOCK EXCHANGES
RANGE
Friday
Week's
Last
STOCKS—
National Tile
Richman
_,—
120
.
a
—
2%
*
:
_
Rubber
120
38Ts
125
Y
.
38%
3 8'/2
795
10%
90
alO
Thompson Products .Ine—.i—.Y~-
a
845 % a45%
Van
*
Dorn
Weinberger
White
Works
Iron
Stores
Drug
Motor
50
General Electric common
1,936
9%
Jan
120
Sep
Fitzsimmons Stores class A
General Motors
Corp common.
_1
6%
6%
6%
290
6%
Sep
10
a60%
a59% a62%
724
52%
Jan
General
73A May
65 Vb Jun
_*
73A
Jan
11%
Aug
14 y8
July
2%
Aug
32 Va
Jan
39
6%
Jan
Paint Corp
Glidden
Co
July
60
32%
Jan
45%
Sep
15%
Jan
19%
13
200
8%
Jan
13
Feb
29% July
common
Gladding, McBean & Co
Goodyear Tire & Rubber
_
Interlake
Iron
Ohio Oil
22
Republic
U
S
common
Steel
Steel
50%
20
154
a37% a38%
v
18
*
_
July
9%
35
Feb
39% July
18%
Jan
25
July
110
6%
Jan
10% Julv
60
17%
Feb
20%
al8V8
18%
20
•
common
Jun
9%
*
common
51
16% al7%
a
„
Feb
38%
118
a23% a24%
common
11
300
13%
13%
283
a46%
48%
39
•
__
Co
•
com
Holly Development Co
a55% a57%
131
a
Intercoast
1
Lockheed
Los
—;
16
Apr
21% July
50%
Apr
637/a July
Mt
Diablo
72%cJun
27%
8%
Feb
13%
4%
300
,25c
/
13%
13%
18%
18%
17
17
876
Jan
14% Aug
Jun
18lA Aug
11%
Jan
17
95c
Jun
72 %c
75c
500
60c
Jan
31c
31c
31c
1,000
25c
May
Gas
32%
33'A
720
37%
37%
185
a33% a33%
20
Elec
&
l
1st
.25
common
.25
preferred
Lighting Corp
Service
Petroleum
Co
pfd
43%
*
common
—
43%
50
5%
44
45
5%
•
5%
a45
561
8%
1,22.5
3'/a
a50%
a50% a50%
Low
Briggs Mlg
1
_
39%
at
Detroit
Edison
Detroit
Gasket
&
Nav
80
a21%
51%
Jun
Jan
42 y2
Aug
23%
Aug
27%
41
Aug
50
Sep
10c
13%
Wood
Brewing
Industries
Preferred
Gemmer
Finance
Motors
&
common.
600
7
328
4%
Jan
2.223
18%
Jan
20%
20%
14%
_
3
14%
14%
13%
8%
Mar
14%
Sep
11% July
1,096
13%
Sep
200
Jan
rv
3%
3%
300
2%
Jan
6"%
*'„
10% Aug
3% May
IVA
625
4%
Jan
7% Julv
6%
375
4%
Jan
38
5%
1
3%
1
5%
60
4,115
3%
52%
Feb
3%
350
.4%
'
5%
Jan
878
3%
5
38
May
60%
5%
60%
35
110
5%
1.815
4
Feb
VA
7
20%
20%
100
19
Jan
21
17
17
17
100
14%
Jan
15%
14%
16%
685
8%
May
Aug
18%
10
ct
Sep
65% July
Jan
2%
,
Sep
'
♦
May
Aug
16% Sep
Feb
Mfg
common
1
1%
1%
4.010
common
1
3%
3%
350
2% Mar
2
5
5
125
4%
Jan
5% Mar
1.000
1%
Jan
1% July
Screw
_
Products
common—
McClanahan Oil common
Michigan
-
1%
1%
27c
25c
1
24c
5,300
'
'
3
3%
1
1%
7%
121
•
10
850,
Murray Corp common
Car
10
_
5%
—
...
5%
1.850
3%
30%
396
26%
Apr
2%
>2%
1.055
6
Feb
Aug
7% July
143/8 Aug
Feb
29%
-2%
_
1%
;;>•
Jan
29%
common
common
Aug
July
3% Aug
Jan
9
9
Davis
36c
May
5%
375
13%
13%
4
Jan
65c
•
1%
.
Jan
1%
300
7%
common..
Motor
1
Jan
50c
0
Sugar
Preferred
Packard
1%
.
Die Casting common-
Michigan
6% Aug
31%
Aug
'
Peninsular
Pfeiffer
Rickel
Mtl
Pr
(HW)
River Raisin
common
1
_
«
Brewing
9
common
common...
__
...
_
Sheller
Mfg
Simplicity
Standard
Axle
Timken-Detroit
Tivoli
Brewing
Udylit'e
S
common
Dist
Radiator
Universal
.
.....
Aircraft
!;
4%
5
2%
v.
2% Mar
400
1% May
395
.
5%
5%
,,
26%
2%
26%
4%
.
1%'
1%
5, '
31.
Sep
3% July
,
6
Jan
1,725
1%
Jan
.
-
Jan
98c
800
Jan
3%
100
July
5% Aug
Jan
6%
Jun
2% July
4% Mar
100
900
'•
% 37
13%
July
Aug
.4% Aug
,
.
: Aug
5% Aug
2
Friday
•!\* \ '-""V
"•
Aircraft
Accessories
Bandini
Petroleum
Barker Bros
t
1
9
Corp common
Chica
Oil
16%
Cessna Aircraft
Chrysler
Co
__
Preferred
Range since January 1
4%
•5% '
730
2
4% '
650
3% July
Jan
12%
725
16%
Douglas Aircraft Co, Inc
Products
For
footnotes
see
4
Corp
page
1111.
15%
__
15%
470
Feb
15%
Sep
9%
9%
7,457
8JA
Jan
10%
Jun
a21% a23%
2
25
18 Va
Apr
22% July
18%
Sep
20% July
12
18%
19%
2,378
__
13%
13%
135
Jan
15
10
10
100
7%
Apr
10 y2
6%
6%
200
3%
Jan
Inc
__1
Yosemite Portland Cement
pfd
•
.10
Mining Stocks—
a54 %
12%
May
Aug
6% July
.
Imperial Development Co Ltd
150'
a7%
3y2c
2%c
4%c 5%c
5%'May
7% July
;1%C Feb
5c
May
3y2c July
a7
3y2c
1,000
2y2c
—
Unlisted
7,000
y2c
Apr
5y2c
9,000
2c
Jan
&
Sanl Corp..
Stan
American
Smelting & Refining Co
American
Tel & Tel Co
American
Viscose Corp
Anaconda
Armour
Co
__
al62
Barnsdall
Oil
Bethlehem Steel Corp
Boeing
Airplane
Borden
;
Co
Co
—
Canadian
Pacific
Columbia
Gas
27
27
429
5%
6
210
5
>
a65
56
Jan
a4%
75
a62%
a4%
—'
al3%
a31 %
15
Corp
__
a9%
—
a4%
*
Cons Vultee Aircraft Corp
Continental Motors Corp
Continental Oil Co (Del)
5
—
Interlake
Iron
•
__
—
--
*
Corp
%
Feb
11%
Jan
7%
2,050
5%
Jan
8 3/8
Jun
55
30% Mar
32%
Jun
16
5
a36%
154
•
Inc.
Motor
Car
*
Co
—
«.•
—
a28%
10%
*
Feb
28%
Jan
Corp
Republic
of America
Steel
Corp
—
5% July
6% Feb
__
—
<17
•
15
*
•■'••••
6%
36% July
93/8 July
Jan
313/g
19 %
Aug
32
7%
'574
30%
Feb
33 Va
Aug
708
6%
Apr
8% July
15%
Jan
213/4 July
Jun
18%
805
558
73/4
Jun
177
16%
Jan
193/s
18
Apr
193/4 July
1,698
10%
f
Jun
Southern
Brands
Inc
Railway
Co
a95%
*
Sears, Roebuck te Co
Socony-Vacuum Oil Co
a29 Va
1.30
Jan
2.00 July
Standard
Oil
Co
(N/J)
25
1
—25
15%
Feb
16% July
21
Apr
22%
Sep
7% Aug
'
55
3%
18%
9% July
6% Aug
Jan
422
26%
214
41
Jan
-15%
•-
■
Jun
50 %
Feb
30'A
May
270
Aug
July
,18
Mar
July
826
8%
Apr
12
225
16%
Apr
21% July
176
88% Mar
963 .'••
10%
18%
12
High
300
'3%
43% July
Jan
5%
• ; 6
a28% a29%
a48% a50%
15 y2
15 y2
__
•
1%
Y 50
Apr
18'A
—
50
,—*
*■
Y b 40% May
1,750
July
39% July
Feb
8'A
8'/2
al7% al9%
al5% al6%
—
1
30
56
5
Apr
Jan
31
7%
RR
'
35%
12
31
7%
Aviation,
4
Y 516 '
25%
•
7
Central
■
Jan
11% Aug
410
Kennecott
American
Sep
18
> 17%
York
10%
6%
60
17%
Llbby, McNeill & Libby
Jun
20
■
19% Aug
118
•
Copper Corp
v
200
15% July
Apr
43/4
Feb
Jun
July
a9%
International Tel & Tel
New
•
,
1 %
a29 a30%
a9%
__
*
1.85
Jun
9% May
84% May
9% Jan
953/4
jun
13% July
Studebaker
Swift
&
Corp »1I.L
Company^;
Texas
Corp (The)
Texas
Gulf
Tide
Water
25
*
Sulphur Co
Associated Oil
24
24%
200
20%
Jan
24%
9%
600
7%
Jan
10% July
a53 % a54%
"86
55% July
United
Air
12%
755
55% July
11% Aug
13 % Mar
United
Aircraft
12%
2,250
a41% a4iy2
4%
5%
a36%
a37
--
a94% a96%
12 Va
13 Va
24%
24%
__
Co
10
32
a51% a53%
18'A
18 Vb
a29%a30'A
a52
18 Va
a29%
45%
__
45%
15
__
Sep
Carbide
Pacific
&
Carbon
Railroad
Lines
Corp
Corp
*
Company—100
Transport
5
_5
—
a28%
Jun
553/4 May
663
13%
Apr
20
170
27%
Jan
190
45%
Sep
-
-
31%
July
Feb
49% July
30
33 % May
37
385
13% Jan
16 3A July
78 Va
Feb
82
July
July
a76% a78%
__
—
July
31% July
34'A
53% Mar
351
Aug
Union
,
15%,
a34% a34%
—
;
Apr
32
268
14% July
Jan-
28
29%
39
32
97% July
Feb
22%
175
a293/8a29%
25
125
18
Int'l Nickel Co of Canada
(Ind)
1,500
5
Feb
*•
pfd
July
Feb
38V*
Northern Railway Co
12 3/8
4%
a4%
*
1
33% July
Jan
14%
37%
Corp
Mar
Sep
July
50
a4%
General Foods Corp
Graham-Paige Motors
15
115
—
Electric Power & Light Corp—.
u
8%
60
General Electric Co—_____37%
Co
,
30'
110
10:%;
Oil
3%
66 Va July
i;r 13% May
95
10%
Standard
11%
Apr
23% Aug
18% Mar
a4%
7
—
Electric Bond & Share Co_——______5
2% Aug
■
45%
<57%
90
s
466
2.50 July
200
Jan
5 Va
Jan
25
Apr
5%
1
Jan
%
403
Feb
15%
19%
1.80
*
19%
34%
19 %
5
July
5% Aug
50
10
Crown Zellerbach Corp
July
6% July
70
a26% a27%
—
,
28
al6 a 16%
11
13%
13%
__
1
1
Jan
3% May
150 V,;
alO
"
24%
July
1635/a Aug
43% Feb
490
a2iy4 a22%
al5% a!5%
43% 45 Va
a59'A
a61
al3%
al4
a31'/8 a31%
—
—
*
5
Commercial Solvents Corp__.
Commonwealth & Southern Corp
Great
May
12% Aug
43 %
Apr
180
25
Co
Ry
Electric
&
50
a21%
,
.5
Corp
Feb
43%
a62%
13
__5
.*
_
Aviation
42%
43%
*__•—-—3
Baldwin Locomotive Worlds vtc
156%
Y
Feb
Jan
al64
__
Topeka & Santa Fe Ry__100
363/8
al62%
__
5
Jan
9
20
624
—
50
(111)—v
260
11% 11%
a38% a38%
—
14
Aviation Corporation
Bendlx
*
*
100
Copper Mining Co
&
Atchison,
8c
Stocks—
Rad
Amer
—
—25c
Zenda Gold Mining Co..
25c
515
16%
I :■
10
Alaska Juneau Gold Mining Co.
10
Cardinal Gold Mining Co
——1
9%
—
Electrical
13%
7% July
a69% a69%
_a
400
-11%
*
1
*
July
a69%
2
3%
America
July
2.40
a87% 192% f
11%
___—
of
33 y8
39
Feb
California—
Lines,
Union
Creameries
Jan
Sep
5Ve
Standard
16%
-—5 v'Vi/fe L'i*
»
24'A
34%
330
__
18%
Radio
Low
a24% a24 %
—
Corporation
867
1,341
5"%
1.70
YYY^Y
Consolidated Steel Corp
28%
35 y2
1%
9
Byron Jackson Co
373/8 Aug
5%
2.40
2.40
_9
Broadway Dept Store, Inc, com.
Jan
?
.
High
16%
-___1
Corporation
;:'Y
3%
v
''
1
2
-.
.
Shares
Low
50c
Corp
Company
Berkey & Gay Furniture Co
Blue Diamond Corporation
Bolsa
of Prices
Par
:
for Week
Range
Sale Price
<.
34%
34%
-
Pennsylvania Railroad Co
Pullman Incorporated
Pure Oil Company
Sales
Week's
Last
%*
of
Air
Packard
^v i
Feb
190
26%
.
North American Company
Ohio Oil Company
Angeles Stock; Exchange
STOCKS--
Feb
31%
__25
North
V irrr,
er
Los
32%
Jan
36 %
Jan
3% July
Jan
.275
35
13
53/4
f
Jan
2%
12.
Apr
520
200
3%
5
T--
3%
Jan
100
:..
31
.
Aug
4% July
Apr
100
»
3%
4%
•.
i
common
Wayne Screw Products common¬ „_4
j;
2%
5%
.2% Aug
9% Jun
33/4
Jan
9%
515
11%
12%
.
*
Aug
Apr
29%
35
Corporation
Curtiss-Wright Corp
34
❖
A
3%
5%
50
class
class- B
Warner
5%
it
common
pfd
Cooler
500
3%
1
...
4
31
1
.
3
3%
.<
10
_
.
300
5,
1
_
common
common
Shirt
United
U
common
3%
11%
1
common
"B"
V
Jan
3%
3%
1
common.
Pattern
Tube
Feb
Jan
3%
2
10
Scotten-Dillon common
1%
8
100
9
9
9
Paper common
25
30 V'b
552
r
7'/4 July
5%
common
&
May
5%
Transcontinental & Western Air Inc._5
Western
July
4% July
25
Taylor Milling Corp
Oil
15
10
*
Calif
Superior Oil Co
Union
Jan
Jan
7% May
22% Apr
1,911
30%
36 y2
3
125
25
30%
10%
.____1
Co
Transamerica
100
24y2
__
*
;
100
Apr
Aug
July
Jun
13
100
13%
;.
6%
10
_
Co
G48
4
9
a3i% a31%
__
30%
25
Corp
7% July
21
6%
■»
1
_
_
common..
LaSalle Wines common-
Parke,
7%
Products
Kingston
Masco
Jun
2% July
Car
Lock
Hurd
Sep
8%
38
Bearing common
Motor
16%
Jan
9
Houdaille-Hershey class B
Hudson
Feb
4%
..
Brewing common
Graham-Paige common
Ball
14%
10
Goebel
Hoover
200
6%
I
.
_
Mfg class A
General
16%
8%
common
common
-
General
Jun
4
common.—
pfd class A
of
Oil
Oil
24%
25
13%
4
9
__
—
4c
Aug
1%
7
5
__
47 y2 May
Jan
36'/2
*
25
4V8
40
171
Calif Edison Co Ltd.—.—25
Feb
11% July
239
3,000
/
49
Jun
Jan
42
40%
4c
_^__1.
•
Universal Consolidated Oil Co——10
20
...
44%
Jun
100
*
20
common
Jan
to -J
100
common.—10
Mfg
Federal Motor Truck
Gar
9% July
16%
—
Frankenmutn
2%
Jan
1%
X
common
Corp
Jan
6 %
39%
10
common
Cleveland
Detroit Steel
1%
763
39%
1
Consolidated Paper common
Detroit
700
8%
1%
_
common-
Motors
High
.
2
8%
4
common
Continental
Low
High
2
2
common—
Brown, McLaren
Range since January 1
47Va Mar
Julv
a21% a21%
41
15
46
21%
7
•
Jan
4
47
6%
V.
:
Jun
37% July
34% July
•
Feb
3%
46
Calif Gas
Aor
9%
47
Southern Pacific
Shares
5%
3%
4c
Sunray
for Week
Jan
9%
47
Standard
Sales
Jan'
a45
__
1
So
Jan
33%
19
3%
30
6 Yo preferred class B
5%% preferred C
Jun
.
40'A
700
*
Southern
75c
Jan
9 %
_•
.
Corp
'
"■'i" 48c
Jan
1
Sinclair Oil Corporation.
Aircraft Company.
Y_;
Sontag Chain Stores Co, Ltd
Exchange
30%
35'A
•
.
___
of Prices
Aug
1.25 Mar
32% Mar
470
a20% a20%
__
1
preferred..
Oil
__
_*
common
1st
Oil Corp common
Aeronautical Co
Union
__
25
Solar
Sale Price
Feb
10
Signal Oil & Gas Co class A—
Range
Aug
15'/8
Signal Petroleum Co Calif
Week's
-
35c
260
72%c
Company
Public
Shell
Telephone: Randolph 5530
Last
6
:
955
95c
Safeway Stores Inc
Security Company
DETROIT
Friday
i
May
16% July
Aug
1
Richfield
Chicago Stock Exchange
Detroit Stock
:24c
92%cJan
33
1% Jan
,,
■
242
90c 97 %c
__
;
2,000
i
49% Jun
Jan
1,250
3"%
10
1st preferred
Ryan
New York Curb Associate
Ford Building
100
200
15
Mug & Dev Co„—1
Oil
Oil
Republic
Members
common
!.
80c
28%
25c
l
Mfg Co
Oceanic
5 % Ye
Electric
:
14
__
A____l
Angeles Investment Co
Menasco
Pacific
Baldwin Rubber
Jan
28%
15
___I0c
Corp
Pacific
Allen
Jan
38 y2
Jan
Feb
Watling, Lerchen & Co
Detroit Stock Exchange
V
1
_
Corp
Company.
Aircraft
5%%
STOCKS—
10
77 %c
80c
...
•
Petroleum
Lane-Wells
6%
York Stock Exchange
__
Honolulu Oil Corp
Pacific
New
10%
—
Jan
48%
common
14ya
11% July
"
.
550
a25% 825%
•
High
14
18
"
common.
Low
12%
&
Hupp Motor Car Corp
Rubber
&
Range Since January 1
High
14
Unlisted—
Tire
Low
1
Television
Hudson Motor Car Co
Firestone
Shares
Radio
12%
13
Par
for Week
Range
of Prices
Farnsworth
17
a
—
a
Sales
Week's
Last
Sale Price
r
Sep
•1% Apr
258
"
STOCKS
High
Mar
110
1Friday
j;
,13%
Feb
10%
17
2%
■
-Range Since January 1
LOW
IZYa
■
8
''
■
.
Shares
High
13%
„_
Bros
Seibevling
Low
SEPTEMBER
ENDING
Sales
of Prices
Par
National Refining new
Prior preferred 6%
WEEK
for Week
Range
Sale Price
v
FOR
a
105
104% al04%
25
a30% a30%
50
223/4
Apr
34
Aug
a27% a28%
171
26%
Jun
30
July
108% May
108% May
;
THE COMMERCIAL &
1108
Monday, September 11, 1944
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
RANGE
*
United
U
Telegraph Co cl A
Western Union
a49%
55%
•
5
*
Corp
Bros Pictures, Inc.——
Warner
280
610
a49% a49 «
55% 55%
12% 12/4
—
a45% a4o%
50 al01% al01% al04%
—1
—
*■*%
10
—
a43% a4„%
Co
Rubber
S
United States Steel
Westinghouse Elec & Mfg Co
Willys-Overland Motors Inc
Woolworth Company (F W>
Par
2
Apr
July
50
1 % May
43 %
Jun
Glass
Jeannette
Lone
Feb
52 % July
Mountain
93
47
455
14% July
42%
25
Koppers Co preferred.
Apr
Feb
99%
National
Feb
19% July
Jan
42% Aug
6 %
37
50
Jun
Fuel
10
Supply
Corp
Brewing preferred
Forgings
Philadelphia Stock Exchange
Last
Low
Par
American Stores
American Tel Si Tel
--
100
13
preferred—.50
Co common
•
Mfg
Wheel Co——
Chrysler Corp
18
Apr
23 % Aug
34%
Feb
11%
110
5%
98%
Jan
92%
82
62%
*
62%
15%
16%
11
Aug
6%
50%
13%
30
12%
Jan
15% Aug
65
95
Jan
10c
July
7
Aug
1,500
2c
Jan
3,350
3%
Jan
30
6%
Feji
10%
340
21%
Apr
28% July
10%
24%
25%
Jun
Jun
.6%
4% Feb
'
7
10
*
100
5%
Jun
121
7c
6%
1
Brake.
Feb
7c
..1
__
41
5%
5%
1
.—.
Gas common-
26%
Jun
5
Edward D. Jones & Co.
Jun
98
Jun
11
Sep
Established
Apr
13% May
39% Apr
51% Feb
300 North
62% Sep
16% Aug
47% July
CG i: Julv
40%
40
St. Louis Listed and Unlisted Securities
Sepi
,
Jan
Mar
78%
768
11
9%
206
7% Aur
15
55%
2
Jan
50
July
12% July
Jan
200
9%
10%
8% July
Jan
6%
50c
50
52
88%
»
preferred
230
•
9%
Curtis Pub Co common—
Prior
164% July
48
10%
—*
—
Jan
205 % 206
——100
preferred v
l'/o
156
100
23
48
800
Aug
19% July
Jan.
1,073
164
21%
21%
48
Securities Corp
(EG)
Budd
Budd
162
Works vtc
Baldwin Locomotive
Bankers
14%
166
18%
17%
1,555
1%
10
High
Low
High
.
162
8%
Sep
109% Aug
Jun
Range since January 1
Shares
of Prices
Sale Price
STOCKS—
Jan
7%
118% 118%
9
Springs
Westinghouse Air
for W eek
Range
Steel
101
140
13 %
25
-
& Bolt Corp
Mining
Toy
3
9%
1%
1%
1
_
__
Shamrock Oil &
Standard
Sales
Week's
Friday
Sari
Sep
90
15%
36
50
Pittsburgh Plate Glass
Pitts Screw
20% July
90
8%
8%
*
Fireproofinj
Pittsburgh
Apr
90
18%
9%
10
Pittsburgh
High
Low
10
108% 108%
...
.
Gas
Range Since January 1
Shares
High
18%
pfd
62% July
11%
Star
for Week
90
50% May
100
Low
«
Refractories—
Walker
Harbison
Sales
Week's
Range
of Prices
Sale Price
STOCKS—
Range Since January 1
Low
High
High,
J'8'
--
8
Last
Shares
Low
-*
10
(Del)
Corp
SEPTEMBER
for Week
of Prices
Sale Price
Par
ENDING
Friday
Range
Last
STOCKS—
WEEK
Sales
Week's
Friday
FOR
1871
4th St., St. Louis 2,
Missouri
Members
Electric
Storage
& Light (wd)—_ 13%
Battery
*
General
Motors
10
Delaware Power
preferred
Elec Pow 8%
4,4%
pld
common
Jan
4%
Sep
common
Westmoreland Inc
—
Coal
Westmoreland
5 %
5%
1,477
184%
4%
5.143
29%
30
184
20%
762
119%
119
Apr
Jan
25
237b
57e
22
Jun
Sep
119%
St. Louis Stock
Jan
Last
Feb
29%
271
28%
Jun
34%
33
33%
140
25%
Jan
3678 July
17%
231
16
Jan
20
37%
11
32%
Jan
38 % May
30%
30%
42
27 %
Jan
31% Aug
Burkart
14%
14%
12
117 a
Jun
147s Aug
Coca-Cola
42%
42%
65
38 %
Jan
43
58%
68 %
94
53%
Jun
687s
1%
1%
4
1%
1%
385
34%
36%
1,079
1%
10,201
42%
0878
1%
30
1%
1%
21
21
10
24%
24%
31%
37
Apr
Columbia
Sep
Emerson
2%
Park Brewing common
Pressed Brick pfd
Hyde
Jan
International Shoe
21
22%
Feb
28% July
Johansen Shoe
Sale Price
of Prices
Steel
Columbia
Devonian
Pitt
Fort
27%
75
24%
Apr
130
.--7%
Jan
4%
4%
1,165
3% Jun
19 %
50
5%
5%
200
16% Jan
3% Jan
Clay
6%
preferred
T/o
preferred
Gas & Oil-
Acme
—-——
*
Ltd
Aluminium
Aluminum
•
pfd.-100
common
of Canada 5%
Co.
Angio Canadian Oil
Huroniah Ltd
*
*
——
Anglo
210
920
5
Apr
45
13
Apr
17
July
12
Feb
23
Jun
*
20
15%
Aumaque Gold Mines
Gold
Aunor
Mines
.'.V
,v
:..
Montreal
of
Bank
of
47%
3.604
27
31
Jan
97%
Feb
101%
Sep
60% May
66%
Apr
25-year
5
—
1964
ENDING
SEPTEMBER
108
65
58
Jan
8%C
1,500
7%c
Jun
1.50
4,000
1.10
Jan
6.800
V8-
97
340
15c
89
86%c
115
14c
Oil
Buffaio
Canadian
Building
Burlington
35
Mar
May
1.79 Mar
Low
5 %c
7c
8,200
5 75
5.60
5.85
900
Mines
Gold
Range Since January 1
High
5%c
•
6c
6c
6c
2,500
is%
18%
19
310
3%c
3%c
5,000
10%
10%
200
1.70
Ltd—*
•
-
*
_
*
Calgary & Edmonton Corp Ltd
Calmont
Oils, Ltd
Apr
Canada
Bread
Jan
99
May
Canada
Cement
99
Jan
10%
Northern
7.10
7.10
7.20
1,795
5.75
May
8.05 July
Canada
98c
1.05
3,700
55c
Jan
1.15 Aug
Canada
24c
27c
6,000
17c
May
34 %c July
Jun
4%c Apr
3.55
Jan
5%c Mar
15%
Jan
3c
Jan
8%
Jun
High
8%c
Feb
6.20 July
9%
21
5c
11
Jan
July
Jun
July
6,000
500
6%
25
8 %
8%
515
8%
Jun
May
4% May
6%
Jan
43%
Jan
2.24 Mar
25c
7
Feb
Aug
9% July
53
Aug
51
52
"
6
6%
60
6
«
H5
115
119
110
90
Jan
122
IIlOO
160
160 165%
156
145
Jan
165%
10%
11%
1,027
9%
Jan
12% Mar
38 %
39%
250
31%
Jan
40
Jun
70
Jan
23% Aug
»
Permanent
Mortgage
Steamship Lines
10 %
*
common
Preferred
50
Wire
1.70
18c
II—I*
Power
Canada Packers
Canada
1.76
6%
6%
•
Malting
Feb
21 %c
21 %c 21 %c
1 70
1
common
Canada
58 %c
101 % July
*
_*
__
common
Canada
130
5.030
76c
Low
•
Extension
Aug
Jan
Shares
»
Steel
28c
Sep
for Week
Aug
89
&
Cable
8c
Aug
18%c
Apr
3,200
28c
Aug
58c
May
1,500
4 %c
Jan
9c
Jan
Canadian
17c
16 %c
19c
22,550
8%c
Jan
31 %c July
Canadian
Bank
55c
52c
63c
199,600
July
Canadian
Breweries
class
55
Sep
8% July
Aug
Sep
Aug
71%c Aug
9%c
'•
80c
83c
4.05
•
92c
3.90
4.20
117.700
■;
72,725
39c
28c
3.20
4.40
Jan
11 % c
July
12 %c 13 %c
7,000
12c
23c
Aur
Feb
24c
Aug
,
Preferred
May
'
17%
17%'
475
18%
26%
26
26%
95
27
26%
27
125
13c
13c
14c
13,850
15
15%
40
1.70
1.95
r
120,387
>
30,850
17%
Sep
18%
Sep
26
Sep
28
Sep
26%
Sep
27
Sep
10c.
Jan
24%c July
13%
Feb
16% Mar
36c
Jan
2.89
July
2.45
Jan
Commerce
New
Car
1.81
1.75
1.90
29
29
29%
156
155%
1
9.00
9.00
9.50
3,850
1.05
1.05
1.05
2,200
12
12
20
25c
30c
32,700
7%
7%
100
47%
47%
5
»
145
1.70 Mar
21%
18%
200
14 %
14%
15%
7%
.7%
7%
43%
•
/
Foundry
•
Industrial
Canadian
Alcohol
31
Aor
Canadian
Oils
157
Jan
Canadian
Pacific
160
40%
Jan
16%
1,590
8V'8
Jan
16%
,/ 65
22%
Jan
24% Aug
17%
1,060
12
Jan
18
8
45
Mar
Sep
Julv
Apr
10% July
27
285
24%
Jan
28
42%
800
35%
Jan
45
Jun
141% May
155
July
9%
50
19
50
5%
5%
240
58
*
35
19
19
A
60
75
75c
20%
11%
11%
2.18
2.05
2.20
3,000
1
1.12
1.12
1.15
700
2.28
3.050
(
common
75c
Jan
Jan
60c
6,288
1
5%
Jan
21
25
11 %
15
927
20%
25
A
Sep
8% Mar
23%
152 152%
_*
Malartic
Jan
ADr
15%
41
152
*
Locomotive
Sep
Jan
Aug
July
43%
9%
41%
100
Dredge & Dock
5
1,180
6
26%
9V8
—25
Preferred
14%
1,430
-
May
17
17
common
common
5
16
»
&
70
23%
„
_20
Celanese
Canadian
45
5%
70
•
common
preferred
Canadian
22
5%
10
new
common
-
Canners
Canadian
22
51/4
*
—
1st preferred
Conv preferred
Canadian
65
22
*
»
common
10
*
Bakeries
Canadian
3,000
"A"
Class B
1.04 Mav
Apr
13c 13 %c
1.70
A
Range
Mines
Gold
Products
Bunker Hill
Aug
64c
—1
class
12% July
Sales
Week's
of Prices
Sale Price
—
Ankerlte
100
96
1.200
63
63
Last
7,500
Beattie Gold Mines Ltd
Bros,
•
8
Canadian
Beatty
Feb'
LISTED MARKETS
WEEK
High
49 34
$1,600
101% 101%
1959
inc
conv
30c
& Radium
Exploration
Jun
280
10c
Bank of Toronto
Bear
22
34
4% July
Apr
1
10
new
Sep
Mar
Aug
Mar
33%
5%c
Scotia
Nova
16%
15
common
5c
new
10
new——_——10
Base Metals Mining
"
Bathurst Power class A
*
Bank
44
Jan
9
Sep
FOR
*2% Apr
-1
—
21%
Jan
11
17
-.
Bagamac Mines -l
Bankfield Cons Mines
Jun
32
10
1
1
1
,
15
100
245
20
1
Aubelle Mines Ltd
347
16%
11
30c
——1
Mines—
Ashley Gold
20 %
36%
21%
5c
1
Astoria Quebec Mines
16% Aug
15%
*
common
12% May
36%
*
common
9% July
11
63c
1
Arjon Gold
Mines
Armistice Gold
Jun
2%
9%
15%.
21%
86%
24c
2%
1% Mar
Sep
July
Sep
10
99%
1
Gold Mines Ltd
16
43
15%
16
Metals
common
Dry Goods
Jan
Jan
2%
20
Bearing
Candy
47%
Sep
7
35%
55
63c
88%
99%
43
47%
100
490
common
St Louis Pub Serv 1st mtge 5s
Aug
5%
'
2,545
97
1
Mines
Gold
Aquarius
Area
Low
3%
24c 24%C
97
35
130
20
common
Buiiaio
8c
—-100
Steel preferred--
15
16
Brown
1.43
24c
47%
41
,
High
44%'
1.45
Aug
12
9%
STOCKS—
107
1
Ajax Oil & Gas
Aldermac
Copper
Algoma
Low
,3%'
100
*
—
Sep
17
105
BONDS—
Range since January 1
Shares
of Prices
46%
16
Jan
10
16
Wagner Electric
Sales
for Week
Range
3%
Jan
16
„5
com
Par
Last
*
100
8%
20
13%
1
Prod
Funds
Week's
Par
Sep
15
15
•
common
Exchange
Friday
Power & Power common
13%
47%
100
common
Friday
Toronto Stock
AbitibI
Jan
20
5% Mar
20%
RANGE
.
Sale Price
Aug
11%
11% July
CANADIAN
8TOCKS-
27
16
29% July
10%
19%
Canadian
Feb
Scruggs-V-B Inc common
Stix, Baer & Fuller common—
High
Low
10
—*
Gas & Electric common
•
Oil
■+-10
Brewing
1
Co
Blaw-Knox
Range since January 1
Shares
23
20
Rice-Stix
High
Sep
120
—25
National
27%
"
Ludlum Steel—
Allegheny
Low
Aug
30%
180
National
for Week
Par
45
Feb
30%
Missouri Portland Cement common—25
Sales
Range
Aug
Jan
25%
15%
10
Hydraulic
Sep
Jun
Jan
Pittsburgh Slock Exchange
Week's
9
23%
16
__l
Landis Machine
Last
10
13%
4
common
Jan
40
469
8%
25
25
Brewing common—,w——..i_5
common
High.
Low
6%
30%
1
common
Range since January 1
High
43
43
l
common—,
Electric
Laclede
Friday
8%
*
•
Falstaff Brewing
July
1
60
common—
Bottling
Low
1
common
Mfg
Feb
15
f
Inv
Shoe
Brown
1% July
Jan
1
American
Shares
Jan
2
1% Mar
Mar
Laclede-Christy
stocks—
of Prices
Sale Price
Sales
for Week
Range
Par
_
*
——1°
20
STOCKS—
Exchange
Week's
Friday
Sep
29%
30,2
693
New York Curb Exchange Associate
26!a Aug
Jan {:
Aug
116
Bell Teletype SL
31 % Julv
184%
161% May
18% May
1,657
25%
19%
25%
CEntra! 7600
Chicago Board of Trade
7% July
Jan
26
Phone
St. Louis Stock Exchange
Chicago Stock Exch.
Associate Member Chicago Mercantile Exchange
10% May
7% Mar
37%
—
United
5%
510
6%
6%
27%
u
New York Stock Exchange
17
—-
Corp pfd
Invest
preferred
—
Gas Improvement
$3
8%
432
33'«
-!
———2d
Oil %
United Corp
1,073
5
_
-J
Paper
10
4%
19%
/*
2o
J
Motors
Sun
9%
.
—
50
—50
—50
preferred
2nd preferred
Scott
9%
#
•> /*
•
—;
1st
Transit
781
————1°°
.
Reading Co common
Reo
259
62%
28>
—--
Corporation
Philco
44%
60%
'0%
Philadelphia Electric Co common
$1
preference common
Phlla
43%
,
50
50
Manufacturing-
Salt
Penna
;
00 U
-}
Corp
Pennsylvania RR
708
—
43 k
*
50 ;
Lehigh Coal & Navigation
Valley RR
National Power & Light
Lehigh
Pennroad
/■
%£
Apr
20
Mar
Jun
6% July
71
85c
18% May
21%
10%
14
July
July
Jan
"
Bell Telephone
Belleterre
100
of Canada.:
Quebec
Mines
—
Berens River
Bertram
&
5
Sons
■—';;
Ribbon
Corp
X
Preferred
Bobjo
W
_
Gold
Bralome
47%
.
60c
May
Mines.
22c
7
Aug
67C
Jan
juiy
10
Feb
43%
50
Mar
Ja tv1''
6 % c Mar
15c
15,200
20c
20c
21c
3.500
20c
Feb
14
14
14%
2,750
11%
Jan
22
6,186
20
*
Brazilian Traction Light & Pwr com
& Distillers
-5 '
21
20
8%
25
Sep
8% Aug
American
OH
Columbia
Packers
common-
Power class A
8%
8%
•
British
British
23%
23 VB
23%
788
21
Mar
*
24%
24
24%
200
22
Jan
21%
25
•
Cariboo Gold
21%
19% May
Ry
Quartz
Mining
Jan
1.50 May
2.20
July
Sep
1.50 Aug
Sep
13c
•
Ltd
11.00 July
12
9% May
„1
Mines
Columbia
8.50 July
13c
Brewers
British
151
—I'
Mines Ltd
Bonetal
27C
tt
common
221
Castle
Trethewey Mines
Central
+
Kirkland Gold
Bidgood
Blue
156,
17 %C Aug
28 %c
Jun
8% Aug
23%
27
24%
Gold
Mines
1
1.62
Mar
Jan
1.26 Aug
2.50 Jun
2.20
2.15
14c
14c
7,500
8%c Jan
21c
May
l
23c
23c
25c
3,000
17c
48c
Mar
Chest,erville Larder Lake Gold Mines—1
1.22
1.22
1.30
14,693
13%
14
50
2.26
2.50
53,950
13%
13%
31c 33 %c
Central Porcupine Mines
Chemical Research Corp
Circle
Bar
„
1
Knitting
*
1.17
13
Jan
Aug
July
1.72
14
Feb
Sep
Apr
14% Aug
24%
Patricia
90c
Sep
July
Jan
Cochenour
Willans
Cockshutt
Coin
Plow
Gold
Mines
Co
•
~_1
Lake
Conduits
National
Coniaurum
1
__
32c
_i
1.57
Jun
50
11%
Jan
14
July
17,200
15 %c
Jan
38c
July
Bakeries
5
May"
5%
25
•
Mines
Consolidated
2.40
1.60
1.58
1.65
2,450
•
15
15
151/2
45
5%
1.33
Jun
14%
Jan
2.50
5%
Sep
Jun
2.20 July
16
July
"
British
Broulan
For
Dominion
•
Oil
Porcupine Mines, Ltd
footnotes
see
page
1111.
1
1.00
90c
1.18
75,160
69C
Jan
86c
86c
89c
20,600
70c
Mar
1.40 May
93C
Jan
Consolidated
Mining
Consumers Gas
& Smelting
(Toronto)
5
50%
100
133
51%
118
138 140%
214
50
38% Jan
128
Jan
55% July
141
Aug
THE COMMERCIAL & FINANCIAL
Number 4315
Volume 160
CANADIAN
RANGE
~
■'.v:-" Friday
East
"
'•i'v
''■/ ■'X:,
1
_
j-Crow's Nest Pass Coal——
Cyb Aircraft
>
•"
38
60c
'.
Distillers
Ltd
Mines
Dome
•
,
Preferred
•
60c
Aug
1,000
12c
100
70c
Jan
3c
7,500
37%
685
27%
"
v
28'A
1,345
—10
18%
19V4
470
18
25%
855
21%
-7%
11 %
11%
7%
12%
11%
720
7
425
9%
Apr
Feb
200
7%
42
112
115
25
5
352
K[1V
,
Apr
24c
2.40
2.40
2.55
4,000
8,500
16,610
——.———.15
Steel
53i
Jan
22c
8c
15
45
55c
21
12,500
40
] 9
105
6
A
Aug
10
Feb
„
v
1
Eastern Malartic Mines
Eastern
-
3%
8c
1
•
Co
Mining
Crest Oil
Duquesne
t' East
'
..East Sullivan Mines—<
English Electric
Equitable Life
A
*
25
—
_—
48%c ■■
21
5lc
.
—
,
9c
9%
9c
Jan
7c
A 1.66 Jan
11c
15c
8,500
16'A
16%
17
530
180
1.31
1.30
1.48
2.25
2.25
2.25
^
.♦
57'A
57 %
57%
1
9c
9c
lie
—
Normetal
Mining Corp
Canada
63c
O'Leary
_3
•
50c
July
8,700
45c
Apr
1
3.10
3.00
3.40
Mines———w— ..a3
23%c
A
,
50c
50c
Omega Gold Mines—
1
33c
Jun
Pacalta
AylO.AA Sep
600
.
Oils
Pacific
4
9
9%
__
_3
14c
3
new
Oil & Refining
15
67c
>
—*
3
1
3
100
-1
Falconbridge Nickel Mines
Famous Players
raiiny Farmer Candy Shops
—
Grain
Federal
/v
Gold Mines
Francoeur
»
Gatineau
A
81
6%c
25%
-A 65c
8%
8%
26 %
Power
common
.———100
Products Mfg pfd_——100
•:
A' Gillies Lake-Porcupine Gold
16%
Jun
11
4Va
Feb
li
9%
Sep ; f
Aug ';
67c
;
.
Mines Ltd
God's Lake
Gold
103
20
8.50
9.45
8.930
9c
9c
11c
11,000
3%c
37c
25c
2,000
A 34c
AA 24c
3%c
33c
24c
12,514
5,100
4%c
4c
4%c
10'Ac
10'Ac
4%c
A
Goodyear Tire & Rubber common
101
101
Preferred
55%
56
11 %c 11'Ac
91
Sep
17%
Aug
Preston
—
Last
'12 %c Mar
Jan
Feb
16 %C
May
15c
Jan
2:%c
Jan
260
Dome
Proprietary
■
43c
l%c
-84%
Aug
Quemont
Jun
fteno
Mar
Robertson
I8V2C July
7c
Preferred
•
11 %c
Mines
Feb
101
56%
52% Mar
Common
Gold
Gold
Hamilton
Mining.——
Dauch
91c
89c
95c
8c
6%c
33c
8c
8,500
Bay Mining & Smelting
2.96
38c
—
84
Imperial Bank of Canada new—_—10
Imperial Oil —A—
-*
Imperial Tobacco of Canada ordinary_5
A.A; Preferred
-■*
£ 1
83c
Jun
1.29
4%c
Feb
9c
47c
75c
Class
Feb
July
15c
July
3,520
4c
5,000
3%c
Apr
5C
May
40c
9,000
26c
Apr
42C
July
31%
475
26% Mar
32
July
84
1
Jan
84
Sep
170
July
15%
May
2.90
72
13
July
A ! Jack
V- Jason
."
J
Mining
Waite
450
10%
Jan
7%
175
22
1
Co
—1
Mines.
20%
A
"
__1
;
!
•
Kirkland
.
'
.
"
Lake
Kirkland
A
Townsite
—
Labrador Mining
Lake Shore
1.11
& Exploration
Mines.
:
' tebel Oro Mines
A Leitch Gold Mines. Ltd
-
.
At
Loblaw
——3
—
25%
V Macassa Mines, Ltd
A
A
Red Lake Gold Mines..
Malartic Gold Fields
-1 Manitoba
.
28
& Eastern Mines.—
1
1
—1
_*
-A
•
___j
.
-
•-*
—————•••A
A'.'-.
'.A'.-:.
4.10
Feb
199
3c
8,000
16
50
4.25
10c
3,200
10,400
14%
95
14%,
6c
71c
1.05
71c
74c
A-
Mar
2%c Jan
3.400
—
90c
;
6,557
Jun
65c
Mar
Feb
11% Mar
Apr
14
8.75
44%
44%
700
25
Jan
46
Aug
27%
28
60
12
Apr
30
Aug
——3
27%
1,000
I
10
8%
Apr
80c
13,250
42c
Apr
58c
5,700
53c
Apr
77c
—.20
Mines—
22%
22
22%
55
20%
Jan
23
8,000
65c
Jan
1.70
19
Feb
27%
1
"
90c
1,000 A
5.300
25
4%
350
2%
Jan
5
15
15
15
50
10%
Jan
15
3
—
6%
7
325
5'%
Jan
29
,29
25
23%
Feb
29
Aug
I
67'%
68
110
61
Jan
69% July
Jan
77
j
68%
3
;
Canada
1.30
27'%
4'%
_3
—
1.25
27''a,
—
67'%
—3
common
25
Jan
3.75
1.25
1.25
Mines
Cons
5
Oil
Canadian
Thompson-Lund Mark Gold Mines—3
Gold
Finance
Transit
3.50
%
May
19c
United
May
Jun
'
13,700
6%c
Jan
15c
445
13%
Jan
16
2c
Jan
72c
80c
9
9
9,
8
7%
8%:
•
A
-_3
:
B
Aug
Vulcan
Apr
Oil
Mines,
Walker-Gooderham
—
&
Ltd
Worts
•
com
Apr A '
1.45 July.
Wasa Lake Gold Mines.—
90c
Jan
1.35 July
Western
1,015
21%
Feb
545
22%
Jan
3.40
Jan
Jan
4,500
l%cMar
10
A A 3
10
320
8
10
8'A
7% Jan
5% Apr
17%
17
17'A
Sep
26 ' July
4.50 July
2.75 Aug
2.35 Sep
2.12 May
Jan
28%
'
"
2.675
345
4.25 Jun
'
~
3c
10
8%
Jan
Sep
A 17%
13
Feb
4%c
Sep
Sep
,11c
•
A
Canada
Flour
..1
|
i
27c
1.94
July
2.90 July
17
4.00 July
;
1.25
Sep
;
Jun
I
79c
1.15 Aug
Aug
95
40c
Mar
95c
———L ;AAA —8c
A Massey-narris common
—
—*
8%
8%
:Preferred
.20
21%
21
A* A-McColl Frontenac Oil common.
• •
8
'
8
i "A Preferred A—.100 '
A_
106%
I
4-Maralgo Mines
Jun
8% Mar
9'A Aug
6%
8%
—_100
Western Grocers Ltd common
West
Malartic
Westons
Steel
Ltd
Preferred
2.78 Sep
13% July
f
il
6c
Aug
19c
17c
May
24c
6c
18c
19,000
4.90
61'%
21%
70c
a 5%
6%c
18c
5.10
63
21%
80c
5'%
80
80
15
134
135
46
1.85
14%
17%
2.00
29,000
7c
5%
62%
4,05
7%
—3
17%
1
7%c
100
Wrlght-Hameaves Mines—
Jan
Jan
1.99
-
|
1.96
14%
Wiltsey-Coghlan Mines ——
Winnipeg Electric common.
j
Aug
5% July
6.00
—3
common
July
18
4,406
————1
Mines
28
Jan
13,050"
•
•
62%
4.05
A. •—
3% Mar
250
500
York
Knitting
3
.
Mills, coramon-i.—■—*
'•-Mclntyre
A:MeKenzie
,
Porcupin^.Mines.A^-jA.—lr_5
Red tiaRf.?Mines_^_i.-1
62%
.62%
1»44
1.40
Gol4,Min^L_—A-.A——1
— y;
4c
•McMarmac Re4yLS)ce Gold—
_—l-15%c . 15c
VMcVittie Grahaiji Mmes_^_—
—1. 'J ■ 2,6c
26c
v'AMcLellan
'
v
•
GoldAMhies
A"Mercury Mills
—
30c
"McWatters
Mid-Continental Oil
-.
A-
&
25
j
55c
Jan
July
30c
9,000
15c
Mar
6
Jan
19 %c
Jan
.
Mar
STOCKS—
Jan
5.45 July
f
57%
Feb
63
Mar
],
20% May
22
92c
July
July
i
60c
400
112,134
200
>
Aug
4'% July
' Jan/
79% Jan
75
' :
94 % Mar
i"
152
Aug
2.00 Sep
97c
Aug
45
12
Mar
15
18
555
15
Jan
18
7%c
5%
17,000
Jan
20c
4c
5% Aug
Jan
49
Sep
7% Mar
80
60%
2.95
Jan
69% Apr
4.50 July
120
6%
Jan
9% Jun
2.00
19
3,810
83
83
5
boc
7uc
14.20u
21%
722
1.75 May
105
-
59c
15
-
Apr
74%
Jan
36c
18%
Mar
Apr; y1
Mav
2.15 Jan
..
•
20
83%
99c
Aug
Feb
Jun
22% Aug
JPar
•
Rales
Range
.
for Week
of Prices
Shares
Low
Range since January %
LOW
High
High
3
22
22
110
21
Aug
22
Sep
Britishh Columbia Pulp & Paper com—
18%
18%
18
100
If, 19
Sep
2.15
2.10
2.25
1,900
14% May
1.40 July
39
38%
40%
580
Asbestos
Brown
Corp
Co
—
Preferred
&
Canadian
Co
..
—.1
Bruck Silk
Burns
r
common..——1
.—_____—
—______—L
Marconi
Consolidated Paper
3
—3
,
:
_
12%
10
12%
2%
_.l
8%
8%
10
12%
28V2
25
25
2%
8%
Aug
1.80 May
950 :
5,187
Apr
7'/a May
12
.
5'A
Jan
j
i,
AugMay i>
2,025
Week's
.
...
Sale Price.
j,
6% Mar
Canadian Funds
i
r
4.50
515
Exchange-Curb Section
.
■
Apr
July
40 %c July.
13% Aug
C"
v-
■i-..'-■;>:•Friday
t ,''
Last
46c
1.91
18%
page 1111.
^
July
18%
21%
1.68
5%c Jan
7c
3
—3
21%
Aug
63 % July
15c
57.100
;
Toronto Stock
Jun
107 A
17,175
6,400
13
•
•A 9%
,
Jan
Jun
May
Jan
1.34 May
35c
:
65c
22
.55% May
3%c Jan
12
A
-AA
Apr
1,000
25c
—
6%
9,300
28c
...
.
102
405
12%
—l,
—
see
>
3
A /Montreal Light Heat & Power———3
For' foothdtes
.
A_A—a—3
Gas
Mining Corp
Modern Containers common
"Moneta Porcupine
25c
8
107
-
62%
1.47
4c
16'/2c
30c
19% Jan
765
} A Monarch Knitting preferred.—10Q
_•
A
905
A" "A 300*
H
3,333
,15
65
4.20
A 8
j
Apr
12
2.78
12 %
:
Feb
24%
375
2.63
11 %
'
-
80
'.A1'--
3
Products
25''
Jan
July
Apr A "
7%' Feb '■ ■?C A 9%
1,827
22
——.
.
9,000
9c
9
|
Aug
Sep
"
;
j
"July
Mar
17%
'4
-
3
common
.—..A
Preferred
Western
3
-—3
Preferred—
7,400
3.35
July
7%c Mar
98
4.90
61%
21%
77c
1
—
Waite-Amulet
July
7,875
8,450
j
33c
17
4
2.74
11 %
1
Oils
1.30
,
'
|
Mar
-6
18c
3
3
Vermilata
27A
27
27
17%
4
1
1.30
28'A
28,980
Jan
i;
Jun
88%
1,390
—
Ventures, Ltd.
6.75 July
16
May
1.60
Jun
i
4.40 Aug
15c
129
3
Aug
80
35
72c
Upper Canada Mines Ltd
6%c Jan
Jun
2,390
A""'-' 6
3
United Steel
20% July
15,645
9,500
—
3
class
Corp
Class
2.75 July
Jan
1.03
2,000
common...3
Union Gas Co——
1.20 July
,
16
1,000
Rapid
90c
300
98
26c
95
..—100
pfd
A
Feb
38c
1.05
98
25c
95
Apr
1.05
2,000
53c
98
25c
Apr
3.20
5,385
1.05
—■
.50
....
15
13,950
45c
47c
1
Mines
Mortgage
1.57 Aug
1.96 Apr
100
-v
May
4%c Jan
Sep
July
July
8% May
; j
July
Jan A A
14
15c
2,300
3.85
2.§0
17
3.85
80c
Sep
1.51
2.04 Jan
3,000
2.77
16
11c
A
60
30,425
2.80
17
14%
763
26
75
4.20
—1
3
1
5.70
•
A
Sylvanite Gold Mines—
Tamblyn Ltd common
Teck-Rughes Gold Mines
350
4c
75
3.85
3.80
75
3
—
Jun
80c
7,450
A..,
Jun
11% July
Apr
10%c
26,850
l.ltf'
1!
—
20
10%
30c
•
Mar
—
l%c Jan
8.75 May
-
Jan
27'%
3,000
4,500
Sep;'.
1.25 July
3
4%c
•
:
3
—
common...
Radio
City
■
Jan
3
Paving
9,600
Twin
114%
7 7c
53c
15,000
Sep
Jun
79c
53c
Towagmac Exploration CCo—^———1
-
105%
120
1
Toburn
68c
114 114%
114
Aug
9 %
1
1.70
20
Feb
40
Toronto
Jan
f
•
July
396
100
of
Traders
July
9c
1.08
92c
9
25c
6%c
6%c July
1
10 %
Jun
;
Jan
13%
—
Texas
16
9
Preferred
Jan
Jan
10%
Steep Rock Iron Mines
105%
Aug
13%
—
Sledman Bros
25% July
I
10c
50c
9
Mines
Chemical
Co
>
j
10%
———3
Mines
Malartic
Standard
Jan
July
Jun
13% May
500
6c
1.00
..
':
5c
4.45
13'%
Aug
.
•
i
17
Mar
34c
6c
Apr
14
Feb
Jun
1
Preferred
Sep
35% July
45
21%
29% July
295
Jun
5c
40c
23c
23
■-A: 2,860
Sep .1
common--——3
May
.
!
Apr
3.40
10c
_1
Aug
13
5,265
38c
—
__i
8c
'.'r'
3%c
16
16
1.60
Apr
2.73
2.35
3.75
2%c
-
3c
3',2c
1.65
May
19%
4.40
.
10
1
41c
27%
25%
.
45
4.15
24c
1.20
2.20
3.65
Maple. Leaf Milling Co common.——^3
-Av Preferred
Jan
29
280
19
23c
6%c
28
4.20
;
Aug
19%
155
29
280
1
99
2.65
2.18
3.65
2'Ac
>
18 Va
19
2y
280
Sturgeon River Gold—'.
1
Sudbury Contact Mines——__1
Jan
2.70
%'i-'Maple Leaf Gardens, preferred.—10
16
A
Sullivan
1.00
Feb
4.20-
i
klacLeod-CocKshutt Gold Mines
Madsen
;
1.23
Groceterias class A—i
Class "B"
__
1.30
Sep
Jun
15%
4c
1.22
10c
-
15
Jan
6.20-•
•
_•
1,469
Jan
6.20
16
9%c
:A
15%
5c
20 %
_1
15
4%c
•
.
15
23c
19%
AA-Little Long Lac Gold Mines Ltd
Jun
7,500
20
3
—_1
52c
1,100
2.80
1.91
—I
May
1,500
—6.20
—■—* A,
—
Laura Seeord Candy^
35c
11c
1
AA'Lamaque Gold Mines—:
4 A.Lang & Sons.—•____*
••Lapa Cadillac Gold Mines
3,000
Sep
15
21%
10%c
.1
41c
Jun
30
—1
Ltd
39 %c
9
770
10%$*
2.75
2.95M1.83
2.0,5 '
1—__—__1
Lake Dufault Mines Ltd
'
41c
19
10'/a
68c
1.00
10%
__1
1
.
1
Aug
4c
;
1
Feb
21c
50c
Mines
Springer Sturgeon
Sep
160
3.940
1.
46 "2
Apr
13
6% Jan
54 %c
|
-1
July
Aug
______—
Gold
Standard
13% July
7% Aug
,
"Jun
7'
Jan
Mar
6c
7c
14%
Transcontinental Resources
_i—3
A.A'Kelvinator Co —
A Kerr-Addisop Gold Mines..—1
Kirkland Hudson Bay Mines..
44
64c
33
25
32c
—
Feb
Jun
4c
35,050
7%c
11c
28
45
32c
—
•—
32%
60
18c
6%c
__
1
1
Mines...:
M Consolidated Gold
y
1,200
22
23
105 105%
32%
34%
21
—3
5,500
17,500
45
-1
——
Standard
15% July
170
Mines
Jellicoe
19%
Apr
610
Petroleum—
international
Sen
12%
13
—
Jan
20c
5%c
31
3
Slater Gold
3.70 Mai-
19%
—3
——___100
Preferred
11 %c
17c
Feb
1.25
15c
1
Preferred
Siscoe
July
605
7%
77c
International Nickel Co common.-—32%
i
Jan
A
1
Mining—
Dairies
B
Sladen
17% Aug
Jan
10
1,390
13
A
A
•
Aug
Aug
75c
5%c
3
Simpsons Ltd class A
Jun
Aug
9c
76c
July
31c
16c
.10
Gold
Pherritt-Gordon
Feb
38c
7%
A
50c
44c
7,000
II,1657
38c
...1
Mines
Water & Power
Shawkey Gold Mining
Sheep Creek Gold Mines
Jan
31c
—
common
May
1
Preferred
1,000
7%
76c
International Metals
Jan
8.25 May
30c
5%c
Shawinigan
Sigma Mines
3,854
__3
A
200
July •!;
UTa-Aug if2.92 July
i
10
July
:
1.65
1,500
1.05
17c
1
Gold
Silverwoods
28,380
7
2.32
5,500
-
Jan
32 %
1
Senator Rouyn. Ltd— :
Sep
4.939
__
6%
'
—6
1
-Imperial Varnish common_____"
Inglis
(John) —
—
A A inspiration Min & Devel
—
•
33c
1.01
33c
1.01
——■
Gold Mines Ltd
Antonio
Jun
19'A 19 %
13%
14
12% j-:-. 13
__
13 %
12%
45c
—
Anthony Gold Mines
Steel
A
9.00
39c
100
Aug
6%
40c
12c
17
12
2.97
2.95
3'/2c
2.80
9.00
3
17
-
Jun
31
84
11%
3
1
3
—100
Erie common..
&
Huron
,
Mines—
5
-—1
——~
4%
40c
36c
12c
16%
11
__3
Co
——
Hudson
40c
12c
2.70
1.05
■
>
1
Lac Gold Mines..
;A-6A
Jun
14% May
37c
33c
1
3
2.73
1
...
Jun
5
12,950
Holhnger Consolidated Gold Mines
Oil-
Gold
g
1
1
Paper
Home
Howey
Jan
Jan
2.75
55
Oils
Homestead Oil & Gas
A
Jun
3.85
6%
2%c Jap,
410
—__________
Highwood-Scarcee
&
Jun
6'/2c
6
Mines.
Hasaga Mines
Hinde
9
'
5
.
St
July
—1
Mines
Mines..
Gold
Harricana
40c
16
360
Sand River
A
5
1114
Sep
Jan
16
10%
St Lawrence Corp class A_.______.__50
17c
5%
A,.
San
6,100
._
—
Mar
Sep
Aug
5%
Sep
89c
;_l
Preferred
Jan
15c
3
90c
2,500
Jun
49
3
8,300
8
Jan
3.20
A-3
,5%
Feb
200
}!
1.02
1,45
S5
y
2%c
705
'»
Feb
4,600
90c
1.36
Jan
5%
3,500
Feb
1.64
1.12
r-~
1.36
Sep
25% May
May
36
8%
Co
Gold
20
100
3%
3.20
1.73
>A—
Russell Industries common.._——10
Jan
1,500
8%
1.10 Aug
.
1
Royal Bank new
49
3%
3.20
4.50
...
common
Jan
13c
27c
8%
2.08 May
Mines—
Rouyn Merger Gold
49
26c
4,050
3
Mining Co..
Sep
13c
26c
—
—1
1
Bridge.——
Gold
Harker
.
—
Alabastine
&
8
1
»rl
Carpet
Rock
Hard
8
30
•
Ltd—
Mines—
Cotton
Hamilton
Harding
19% Jan
—
Mines
6%
3% May
99
—___—50
Gypsum Lime
Halliweli Gold
A
GO
379
24
__
Preferred
Hallnor
24
5%
23
Saddleries, common—3
Grull Wihksne Gold Mines
Gunnar
24
5
—_._~3
Western
Great
A
24
—_--3
—
Preferred
4.20
Preferred
12 %c Aug
3% May
5'A
23
*
vtc
—___—
Feb
6%c
5%
Lakes Paper com vtc
Great
4.00
Mines
Royalite Oil Co
Giandoro
4^00
.if
Aug
j"
l
Roche Long
!
3.05July
1.84
^
3
Aug
20
Jan
13%
Mines
(P L)
j
1.35 July
Jan
235
3,075
Mines
Gold
|.
f
j
,20
Airways
Mica
9c
Sep
44%cJuly
Mar
83c
2,700
14%c
Jan
Jan
2.90
Queenston Gold Mines
7c
#
Jan
20
Purdy
Apr
38c
;
7%c Mar
2,100
8c
-
July
Jun
7c
3%c
28c
19,250
-
f
;f
1
Rouyn Gold—..
Voting trust
Prospectors
1.18
Mar
1.50 July
19
Powell
Sep
63,000
1.15
Jan
99
2.75
Premier Gold Mining Co__—
Pressed Metals
10% July
1.16
;
1.07
July
1.15 Mar
3,369
9c
20c
Aug
90
1
July
103
12c
7c
% c Aug
40c
2.85
Gold Mines of B C
May
Aug
'
1
12c
36c38%c
Mar
...l
Mines.
91
5C
5,100
5%
Pioneer
36c
3
Gold
;i0
Apr y
3%C
;
35
50
—
_____
Aug
1.99 Mar
11,200
-3
13c
4%c
101
—
!
7%c
.1
Mines...
12c
-_1
Engravers
Pickle-Crow
__1
Mines
Jan
100'/2
4,000
Mining
Gold
Photo
Gold
87% Aug
11% Feb
;
565
15%
.
Perron
Jun
Mines
Gold
Malartic
Feb
;.v ; A;8.20 July
Aug
8%
A 84
10
i
1
Goodfish
•
50
101%
Mining
Gate
A
5.80
1,630 "
2,250
8.65
—__.-__-._L '
Eagle Mines....—
Golden
•
9
9
16%
---1
Goldale Mine
A
26%
Apr A„
12
10,566
244,684
7,400
Cadillac
i
:
; •
' |
Jan
1.35
Partanen
"33c. Jan, A AA 78c
88
91
17',4
* 103
-1
•
Gold Mines
Glenora
71c
-1
—-
23%
Jan
6%
94 %
Pandora
Jan
July
Jan
53c
125
94
Paymaster Cons Mines Ltd
4
May
Aug
70c
Jun
1.26
Jan
8c
Jan
3
14,300
3
Preferred
A Giant Yellowknife Gold Milies
j
91
—
May
4%C
32c
May
Aug
94
r
100
-1
General Steel Wares
{
86
75
Sep
40c
3%
1.30
Aug
|
4.50 July
14'%
*
27
A
5%
.A 88
; ■
Jan
25 %c
3
Porcupine Mines Ltd
,j
\\
25
Pamour
Sep
Sep
Sep
20 %c
20
39
Jan
3% May
1,208
preferred
General
27
385
A——-—25%
lrm
68c
3
6.00
3
6.00
A pi-
23% Mar
3,000
3%
78
—A, 6%c
.
Exploration
Frobisher
•
"
,'■7% 5'io
25
610
3
73
3
1
—
of Canada class
Ford Co
«
100
—
3%
Mining—
Kirkland
Fleet Aircraft
4%
3.10
13,330
4%
—
37
6.00
27
38
55
Preferred
'Federal
.•
common.———
4.50
27
36%
5.20
4%
5% Aug
65
'■'■•A'"
AH
Page Hersey Tubes
!
Jan
10,498
•
13cl6%c
44 %c
' ?
Jan
1.37
500
33c
4
3
————....
31c
14%
1.02 Aug
4'%
...
26,750
153,900 "
50c
Preferred
if
1,20
1,345
.
20V2c 25%c
___*
'
if
Feb
2.80
Jan
11,492
A
Sep
>
f
2.17JuJv
87c
65c
85c
3
180
Apr
61c
5%
_
j
17c
73c
4'V«
v-
July
4%c Jan
-
Orange Crush common....^..——3
;j
18
2,500
•,
}
Aug
60% July
>
4
a
17c
48'% Jan
65c
5%
Steel A
Jan
if
Sep
Mar
1.89- Jan
75c
common.
Ontario
Jan
Sep
37%
12
1,600
«
•
3%
Mines
Malartic
160
59 %c
57%
I,087
..
Okalta Oils
10
32,975
-
*
Ltd
Mines...
Preferred
Aug
22
__
North Star Oil common-..3
Mar
Aug
47c
15%
,
-
180
1
Gold
-'0% Jan
A £c
May
13% May
12'/2c
5
O'Brien
33% May
11%
i_—..*.100
Northern
2.70 July
Apr
-13
.
40
555
37%
Mines
Mines
45% Apr
11%
3
High
565
Gold
Norgold
Feb
Low
57%
37%
—
Noranaa Mines
Mar
3?c May
12%e Jan
May
56%
57
Range Since January 1
High
11%
"
Dominion Woollens common-.-——*
Low
■/
„_3
comnron
Trust
Nipissing
19% Sep
26% Aug A
9 % July
12% July
12% July
115
Sep
'
,
Shares
25c
Co
-
for Week
—3
common..;
Negus Mines
'.y 31% July
Aug
104
.
Grocers
National
-
Range
of Prices
3
common
Brewers
National Petroleum.—
National Steel Car—
May
•
Corp
National
Jun
5c
Jan
4%
Moore
National
Jan
1.12
May
I8V2
100
—
25
18c•
•
2%c Aug
33% Mar
24%
.
A.,
Mar
1.00
36%
_
—
500
2.84 July
Jun
38
July
70c
Aug
Sales
Last
Sale Price
STOCKS—
Par
24
.
May
3c
-.»/•••; 24%
Dominion Steel class B
—
25
7%
Dominion Stores j
.J*.Dominion Tar & Chemical common..*
,
i
34
1.00
•Dominion Foundries'& Steel com
(
July
May
21.
100
:
15%c 15%c
.1
——,—-*
.Dominion Bank new
/
65
60c
Seagrams... common
'
9,050
38
15%c
„3
Mines———
Nickel
Denison
24
—
Delnite Nickel Mines—L__1-
vt
1.64
1.13
60c
v
——3
Petroleum
Da vies
'
100
——
Week's
1.37
•
8
A
•
Range Since January 1
Low
High
23 %
1.37
23%
r
SEPTEMBER
A"t
Shares
low
Imperial Mills
Cosmos
ENDING
for Week
Range
of Prices
Par
;
tConwest Exploration
v
■
Sale Price
STOCKS—
'■
MARKETS
LISTED
WEEK
:'*t
salts
week s
FOR
CHRONICLE
2.45 July
40 'A Sep
10
Aug
13
Aug
2%. Sep
9'A Aug
{
f:
LISTED MARKETS
CANADIAN
Sale Price
stocks—
■'
Consolidated
Oil
Dalhousie
Dominion Bridge Co
Ontario
&
Selections
Oil
&
1
Mines & Metals———1
Pend Oreille
Price
Bros
30c
28%
30
205
1.05
1.10
1,500
1.05 May
1.45
Feb
10%
11%
3,555
10% Aug
12%
July
Jun
5c
Mar
Jan
49c
Jan
3c
27c
1.25
500
; 15c
1.72
2,200
1.25 Aug
30%
115
21% May
31
Mining
—
222
20
25
8c
4,500
3%
3%
50
May
8c
3%
Jan
Ltd
13%
19
'5%
5%
655
22
22
22
160
18%
Feb
28
28
23%
,.245
27%
Jan
29
Jun
Banks—
*
15%
14;%
14%
17%
27
15%
15
18%
27
80
355
495
14%
Sep
15%
Sep
14%
Sep
15
17%
Sep
18 %
Sep
30
27
Sep
28
Sep
Sep
15%
Sep
Jun
50%
Feb
75
10
57%
76
Jun
Jan
11
July
50
Jan
58
July
17
Mar
19
July
69
"
5%
7% Mar
5% Aug
22%
Sep
.
—10
10
10
—10
—*
—
—
Scotia new
Nova
/
25
new
Montreal new
Jun
*
——r
Canadienne new
Commerce
69% Aug
Jan
5%
—
Preferred-
Feb
63
58
30
15
220
150
*
common
68%
68
75
10
57
—
—
—
—
Ltd
Zellers
Mar
llc
Aug
1.85
Range since January 1
Shares
—•
68
25
75
—.—10
*
57
———*
18%
Winnipeg Electric common
Mai-
8c
8c
3%
1
*
—
Wlteils
Sep
25c
1.40
-
Cotton
Wabasso
Feb
30
1.25
—
Brewery
Walkerville
3%c
1,000
27c
—'
Biscuit common.
Viau
July
30
Jan
25c
common
Southmount Invest
Temiskaming
3c
27c
--
.
—
24%
Canada common
of
Preferred
Mar
30c
11
Paper-:—-——
Osisko Lake Mines
12
41c
29
106
•
Minnesota
Jan
May
30c
————'*■
& Gas
Oil
Footntlis
7
30c
Co.
Steel
Sep
225
500
High
Low
for Week
of Prices
Sale Price
Par
Sales
High
Range
High
Low
12
12
*
——
—
Lew
Last
Range since January 1
Shares
High
Low
Par
—.—*
A
Press
of Prices
Week'a
Friday
STOCKS—
for Week
Range
Last
8
SEPTEMBER
Sales
Week'a
Friday
ENDING
WEEK
FOR
RANGE
Monday, September 11, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
1110
—
14 %
17%
—
15
15
15%
1,107
49
49
$3,000
49
—
10
Royal new
15
Sep
Bonds—
Montreal
Montreal Stock Exchange
Last
Low
Asbestos
Corp
.
"AT
class
Mills—
Silk
21
20 'A
21%
__
21 %
—
10%
21%
11
*
6%
Canadian' Bronze
common
7%
Preferred
Plow
39
120
9%
9%
1,325
26%
55
26%
__
__
5%
—*
5
Coal
Dominion
*
Jan
70
10%
Jan
14
July
Consolidated
50
11%
Jan
14
July
Cub
51
1,035
32
60
Dairies
preferred--—
Feb
29 %
395
23%
Jan
31
13
12 %
Aug
14
Jan
10
July
24
Jun
13
8
3
17% Apr
162
162
150
1,717
*
12
12
12
11%
11%
11%
455
112
112
72
72
Dominion
Ltd
Stores
Preferred
——
.--—100
—
Dominion Textile common——7
„
*
—
Dryden Paper
Electrolux
Enamel
&
1
.—---—
«
Heating Products—Co of Canada—
Gatineau Power common——
•
112
5%
preferred
5%%
68
Apr
74
Feb
9
New
Wares
25
4%
Jan
6
130
14%
Apr
20
preferred
9
30
B%
Jan
iO
May
Hamilton!
Bridge
Smith
Howard
Preferred
Hudson
•
jOll. Ltd
5
Bionze
_
!
Preferred
145
May
165
14%
4
14%
525
1.85
15
6%
102
Aug
100
5%
5
6%
May
10
Jun
13
11 %
18%
465
13%
Jan
111
25
106 %
Mar
30V4
26% Mar
Jun
Canada
32
Preferred
Lang
Laura
—
& Sons Ltd
John
Secord Candy
Massey-Harrls
12%
Apr
15%
575
10%
Jan
7%
7%
425
6
Jun
26%
26%
95
21
Mar
Limited-,
Mar
100
Jun
10
96
27
27
100
22
Jan
27
Sep
32
33%
725
28
Apr
35%
Jun
Apr
23%
100
21%
__
100
22%
1,665
92
92
5
21
21
21%
1,060
Tramways
-26
140
„
14%
76
Jan
Breweries
Apr
22%
!
$1
July
Jan
Steel
Corp
Jan
27%
26 %
Aug
v
140
5
135
Jan
Apr
r
1,380
80
-
24%
225
21%
2,105
20
__
25
21%
__
20%
25
13
13%
140
16
Jan
8%
200
45
3
27
34%
35
125
3%
10
8%
9%
16
Jan
1
t
July
8
Feb
9%
Jun
i;
6%
Apr
9%
Jun
1,560
2nd
Jan
27%
Preferred
.
'
Car
Ottawa
Mines—..-- V
Aldermac Copper Corp
Arno
Mines
Aircraft
37% July
Jan
18
23
23
23
75
15%
Jan
;26
July
f
Price
Bros
Provincial
f
'
&
Co
Ltd
(
Holland
30%
3,741
3%
7 4
75
22
.22
30
18
19 %
20
26
19% Aug
19
19
1
16%
Jan
19
21
21 %
451
18
Jan
23% July
8%
8%
250
Lawrence
8t
Class
St
St.
A
Corp
Lawrence
Lawrence
Flour
Aubelle
3%
—.
20
1
'
—
21.
;.
;
'■
.....
•
50
Mills
preferred-.100
100
»
—
,
Preferred
For
Canada
footnotes
Power
see
17
-
Mines
Bralorne
-
page
I
'
Sep
Sep
8%
5% May
17
Jan
221
8%
8%
50
10%
10%
11%
2,890
v—
1.50
1.50
7
28
Aug
e
May
Jan
8% Mar
12% July
Jan
1.60 May
7%
1.25
28%
7
28
25
4
Aug
3%
25
3% Aug
98
98
55
91 %
36
36
2
353/4
23
23
30
20
98
98
50
92%
32
Aug
5
;3%
,
Sen
10% Aug
5
5
Apr
Sep
5^ Feb
'
"
'
104
104
104
!
Malartic
Feb
5% Mar
7
Jan
9
49
Mar
55
10
6%
225
30%
1,521
5%
-
Ltd
Mines
Shore
Goldfields
7
Normetal
!
O'Brien
19
55
Sep
8
Jun
■
Jan
31
Aug
24c
25c
6,080
9%
9%
10
9
14
103
103
25
104 % 104 %
100
7% Mar
Feb
2% Mar
2%
3
350
1534
ig
1,180
13
Apr
69
135
Jun
140
140
60
60%
700
14%
14%
1,255
19%
19%
46%
Apr
.
Pickle
.
t-
Siscoe
10% Aug
104%
Mining
Gold
■
'
'i
f
140
60%
Sep
v+
Sep
106% May
30C
May
5%
814
6%
Feb
3%
135
1.75
Jan
r63
325
57%
Feb
63.
21%
65
20%
14
5
8
.
50
8
!"
j
63c
Jan
21%
Feb
14%
Aug
31c
7, 57c
15c
Jan
2c
Jkn
12.750
50c
Aug
4c
Jan
11%
Jan
4,500
; 3c
52c
-
i
8c
8C
8c
4,200
14%
: 14%
14%
110
'
-
Aug
8c
Sep
14% Aug
13%c July j
»8C
3,100
2%c Jan
6C
6c
2,600
2 %c
Jan
5.50
1,700
3.25
Apr
24c
24c
500
24c
Sep
v34c
.7 38c
38c
500
38c
Sep
38c
9%c
9%c
ioc
3,000
■
6c
'
„
.
5.30
•
•-'7-7
«
'
20
100
65c
65c
3,00
3.40
1,300
1.15
1.15
600
2.85
2.88
300
1
—1
Gold
Mines
Ltd
Wright Hargreaves Mines Ltd.
;
3.900
7
.
Jan
Feb
-3.40
Feb
65c
May
1.38 Jan
90c
May
15c
18c
20
July:!
Sep ;'v
Jun
Sep
4.25 July
80c
Jan
Sep
16
55
15
Feb
1.35 July
h
3%c Jan
8c
May
Jun
90c
July
42c
Mar
1.25 July
Jun
4.35 Aug
1
j.
7c
75c
80c
3,700
1.60
1.68
6,000
4.00
4.00
100
1.60 Aug
1.95 July
4.10
4.10
100
2.95
Feb
4.45 July
100 i'.J
-
3.40
:•
t
Oils-
Anglo-Canadian Oil Co Ltd.
141
141
6
128
Feb
142
Jun
Commonwealth
15
15
15
75
11
Jan
15
Sep
Home
——*
9
9
9
50
Jun
11
Feb
4
Oil
Homestead
Co
Oil
Pete
Ltd———:
Ltd—.
&
Gas Ltd.—
60c
c-*
i
500
60c
T
60c
May
70c
July
125
25c
Sep
25c
Sep
25c
25c
2.95
3.00
200
4c
4c
2,000
0
—*
i
-v
"
,
—
—
•
■
,
V-
Jun
6c
j
19% July
Jan
/
66c
*
Jan
80c
1
*
j.
3.00
2.00
1.62
—
f
4.35 July
75c
6c
i
t|
July ,
May ,,.
July!
80c
1
1
1
,
4 Vac
100
■
9c
5.50
Jan
15%
105
3.70
20
•
-
3c.
5007
8c
8c
^ 3.70
<
July
5.25
8c
1
July
5c
G9c
4
Corp Ltd—,———*
Ltd
1
Mines Ltd
Mar
11% Mar
1,000
23c
3c
Mines
Gold
Jun
3% Mai-
M
•
23c
3c
^1
:--1
,l_——1
Gold Mines Ltd
Crow
Mar
9% Aug
Feb
Sep
13% May
8%
17c
f
1
Steep Rock Iron Mines
Sullivan Cons Gold Mines Ltd,
3% July
16% July
"98
Feb
21%
grr ;
•
V
Sherritt-Gordon
Feb
Apr
23% May
62
j
•
—-1
Shawkey Gold Mining Co Ltd,Mines Ltd
Jun
May
39
3%
1
•
:
Jun
100
Perron
Apr
Jun
100
Feb
103 % July
28
25c
Ltd..,———1-
Mines Ltd
Joliet-Quebec Mines Ltd
Kirkland Gold Rand Ltd
Lake
Jun
Jan
July
,
*
,
—
1111.
Sep
Feb
*
Ltd.l
s
i
4%
May
"
Aug
19%
38c
-
*
—
4
22
19%
,
:
Jan
13%
—
:
Ju.'i
Jun
2%
15
.
Sep
§30% Sep jj
305
'——*
Cadillac Gold
!
30
8
__
Jan
17
Cartier-Malartic Gold Mines Ltd—— '
I
150
12
__
20
26%
Apr
21%
'
.
Ltd
Bouscadillac. Gold Mines
Sep
8
75
14%
23%
Jan
4
May
17
—1
100
—
H & Sons common-
Southern
Jan
250
Sherwin Williams of Canada common.*
Simon
13'A
9
__
35%
Jan
3
21
'
..
"
Mar
27%
12%
'
28%
J
Mines
July
170
9
__
100
Paper preferred
Feb
Feb
12%
__
100
Shawinigan Water & Pov-or_.
23%
161
60
5
28'A
„
common
3
115
54% '
6%
28%
«
preferred—
.
V-*
Transport
Paper preferred
85
7
Jan
8
__
•
Saguenay, Power preferred
15
v;;.
\
•
Quebec Power
170
48%
.
5
—
——*
common
27'A
170
423
57%
27%
_*
•/*'.'
■
Penmans;Ltd common.Power Corp of Canada
57
15
100
3% July
2% May
525
28%
July
_
July
507
100
'J
Ltd—.
i
Jan
Ottawa L H & Power common
10
26%
•
.-U-u;-"
Ltd
—*
Products Corp
\
*
Goldale Mines Ltd—-—
13%
__
Apr
Apr
26
,
.
—j...*
preferred
*
Central
33
__
4
7%
50
8
!
620
*
Aug
21
^
t
2,295
*
35% Aug
3
275
——* .»•
*
*
Ltd
Brewery
Jan
17
common
Jan
28%
3%
Co
Jun
37%
100
Products
Jun
2%
*
f
r
Gas
24
16
.
Steel
Feb
3% May
33
35%
vol trust. _*
Products Ltd—
22% Aug
Aug
37 %
Ogilvie Flour Mills common
Ontario
>
Jan
—
Investment
Clay
18% Apr
—
,
Jan
1.50
24
2%
6% 1st Pfd.—100
pfd
50
20
16
16'A
—•
Aug
Apr
18%
*
'3:
1
—•
.
16
25
9%
1.00
Jan
Jan
60c
15
27
Aug
Apr
5%
7,131
65c
*
-—
,
Feb
—•
Mines Ltd—
Noranda
7%
10C»
10
Paper
Feb
Jan
9
21%
;
Jan
3
—-*
of Can.
part
c
cum
'
20
8%
8%
Weaving—r_
Wire
Niagara
1
Car
6%
35%
*
5%
Hotel—
Western Steel
23
80
8%
common.
National
25
17%
28%
Falconbridge Nickel Mines Ltd
National
6%
—
Walker-Gooderham <fe.Worts Ltd H—"
35
15%
8%
100
3% July
Aug
'
Aug
92
19%
n
,
50
15%
__
Sep
Jan
''
26
com
*
Corp.
Union
26
95
8%
—
Aug
2%
35 V2
-20
Corp
'■
Walkerville
''
15%
—•
•—
40c
12
22
1,450
8%
"A"—*
Ltd
preferred
'
-
i
22%
15%
15%
•
-
—*
TRobert)
22%
!
:___—*
—
Oil
Montreal Lt Ht & Power Cons
Montreal
22%
/
Mar
50
3
3%
—*
1
(Can)
Ontario
&
Standard
Aug
27
100
i_*
10c
6,200
22
—
*
A
Ltd
pfd
Distilleries Limited pfd
Southmount
7% Aug
26 %
'y
6%
13% July
32%
1_3?
.
McColl-Frontenac
Mitchell
A—r_.
40c
8'/8
35
Quebec Pulp & Paper pfd
:
—
Reliance Grain Co Ltd preferred——*
Southern Canada Power 6% pfd
100
july
1,771
—i„100
—
Aug
2%
1
—-
Royal
Power
19% "July
July
July
14
*
.
Jun
57
35c
-
common
67%
*
preferred
preferred
:
111
110
30'A
——100
Lake of the Woods
Jan
Jan
'
170 '
18
__
International Power common-—;.—*
40
47%
65c
5
Noorduyn Aviation Ltd
Jun
Aug
90
75
3
—
*
cum
8%
46
17%
Power & Paper Co.J
$3
Mar
70c
May
57
•
*
Mount
Apr
2% Mar
4% May
80
7
.Aug
15%
46
8%
•
-
Montreal Refrig & Storage
Sep
9% Jun
Apr
166
57
3
•
—
Paints
John
Melchers
Aug
6%
Paper & Power.
St
50c
Sep
Jan
12%
Jan
50c
Feb
22T#
99
;
Sep
2%
35c
Utilities
Minnesota
/
12%
•
22
165
14%
7
—*
Shops
Candy
Massey-Harris Co Ltd
17% Aug
111
__
.*
Jan
1
Maple Leaf Milling Co Ltd common—*
Apr
100
7
Sep
107
Aug
2.%
*
—
Ltd
of
cum
MacLarcn
Apr
95
12%
International Paper common:.-—15
Internatipnal Petroleum Co Ltd
90
Jan
11% Mar
13 V2
preferred——25
Int Nickel of Canada common
68
Jan
93
12%
v
£1
Preferred.—
'
'
■
13%
—•
Can common
'
5%
11%
__
Industrial Acceptance Corp com——_*
Preferred
__1^_100
International
175
„
•
of
102
8%
18
100
—
Imperial 'Tobacco
101%
8%
11%
•
Paper common.
Bay Mining
Imperial
17
1,280
__
——5
—
95
17%
'
—
Hollinger Gold Mines
,
88 %
15%
•
10%
12%
'
85
145
88%
95
1
<
,
f
40
'
July
102
100
;
—
Gypsum, Lime & Alabastine—
Aug
—
Lake
Sep
16
„
Motor
5%
Jun
19%
8
Sep
40
Jan
78
50c
International
Aug
1,600
„
•
common
20
*
Ltd
Aircraft
Aircraft
International
July
13
6% May
230
8%
13
5%
__
100
———100
preferred—
Steel
104
132
Jun
A
General
5
675
w
},
*
Linoleum
&
Corp
Eraser Companies
Sep
12%
9
__
*
Jan
Apr
19
„
*
Foundation
Jan
8
■
;!i
Jun
2.40 July
May
79
—*
"A"_
Paper Co Ltd
Farmer
Fanny
Ford
8
12%
5%
__
Corp
Fairchild
Mar
104
45
Donnacona
9% July
12% Jun
Apr
9
225
Dominion Tar & Chemical common-—*
Square
Fleet
163
Jan
iv7-
5
7%
*
Oilcloth
Dominion
41% Mar
4 % Mar
25
7%
__
7%
2b
8
22
31
22%
12%
■
*
Limitee
Frere
Dominion
22
—
100
817
July
150
'
35
Glass
Feb
33%
*
—*
Dominion 8teei & Coal B
29%
575
28%
preferred——25v
common
20
38
40
79
—5
A
Ltd
Corp
Dominion
Aug
36%
36
28'A
3.810
22
100
Class "B"
Engineering Works Ltd
Aug
36%
2.30
2312
27%
•
A pi-
1.55
104% :104%
•'
79
Ltd .common—"
Paper Corp Ltd
Aircraft
David &
55% July
32
Jan
*
pfd
cum
Preferred
July
37
Mar
23
Aug
4% Mar
21
254
36%
■
7%
Alcohols
1,737
Jan
20
215
110
Jan
2%
—
11%
Jan
895
24
com—*
preferred—
General
Claude Neon
13%
-—*■■■
preferred
Preferred
Commercial
27%
23%
38%
—fc*
*
Jun
6% July
39
41
2.15
-
.
Advert Ltd
Aug
35
59%
50
170
22%
•
100
July
26
6
27
100
*
154
Feb
5%
197
107
3%
23%
39
Westinghouse Company
Jan
24%
40
Canadian
Aug
26
107
2.20
"B"—"
class
Paper Inv.
&
Vickers
50
__
•
Dominion
36
Power
cumulative
Canadian
57%
11%
13»/s
„
•
Dominion Bridge
Jan
Jun
141% May
140
175
5%
Feb
45
Jan
2%
3%
Ltd—*
Investments
Industries Ltd
Canadian
Aug
28
60
1
Light & Power Company. 100
Canadian Marconi Company—
1
10% July
Apr
Jan
49y2 Aug
23%
Canadian
5%
__
25
——
8
25
Apr
100
32
*
Crown Cork & Seal Co—
39
33% Jan
*
•
common
Canadian General
Canadian
Mar
45
Jan
41
357
42%
152
26
31
41
——•
Glass
Dominion
39
9%
26
31
—
—
Distillers-Seagrams
5%
211
151
Consolidated Mining & Smelting
Consumers
Jun
__
Pacific Railway
Cockshutt
Aug
43%
4% July
27
a
Calgary Power Co Ltd 6% pfd_:
Canada & Dominion Sugar Co
Northern Power 7% pfd
Feb
40
8%
28
Canadian. Locomotive
Canadian
12%
Jan
Jan
9% Apr
Apr
2,055
7v"
_
Canada
Jan
9
2.050
•;
117% July
Aug
3%
47%
23%
>.
Preferred
Jun
5%
5
200
8
*
9%
Jan
103% May
60
7%
43%
39
7%
43%
109
Alcohol common—
Ind
Canadian
6%
:/
31%
' 152
preferred
Canadian Foreign Investment
20% May
425
*
-
Jan
'1£;•>,
1,925
——100
Celanese common
Canadian
Canadian Cottons new
15%
Co
Brown
20% JUly
39%
38%
25
preferred
Jan
11%
11%
Canadian Car & Foundry common....*
15%
3%
44%
»
<s
Packers Ltd-....
Columbia
High
Low
3%
46%
100
class B—
Paper
&
British American Oil Co Ltd
British
i'TBep
405
38%
•
*
Preferred
Jan
——.———-
Range since January 1
Shares
High
Low
100
preferred
Bathurst.Pr
Jun
11
6%
6%
11
•
24%
24;-
Jan
preferred.
1%
Aug
Sep
8
& Paper common-
6%
16% Mar
157
33
•
Breweries common
Abitlbl Power
8%
114
50
—
Par
•
for Week
Range
of Prices
Sale Price
Sep
8%
114
—
Last
STOCKS—
Sales
Week's
Friday
July
3%
Jan
20%
2,810
*
Steamship common
preferred
New
19
114
Power
Canada
Canadian
•
18%
24
Sep
Funds
Canadian
101% July
19% May
60
18%
Jan
151% Mar
60
18%
Sep
Jan
13%
540
19
Jun
98%
3%
193
__
13
18% May
6,135
*
$—.——*
——
Northern
Wk
10
1,075
—————*
Canada
:y
570
3'A
15%
156
Canada Cement common—
Preferred-
22 %
15
155
Building Products class A
*
Bulolo Gold Dredging————5
■
21
3%
Jan
87
95
22
Jun
9
156
100
15
155
Power Corp A
Brit Columbia
87%
*
Telephone Co of Canada
Brazilian Traction Lt & Pwr
Beil
Bruck
87
99%
17
96%
550
.*
100
class A
Power & Paper
Bathurst
11%
Montreal Curb Market
13% Jan
60
*
& Teleg
Assoc Tel
17
1
High
LOW
High
11%
100
•
*
Can pfd-
Range slaee January
Shares
17
Agnew-Surpass Shoe common—.-—*
Algoma Steel common
—
"
Ltd
for Week
Range
of Prices
Sale Price
Par
Aluminum Co of
Sales
Week's
Friday
Aluminium
i
Funds
Canadian
STOCKS—
Notes
Power
2.95 July
4c
Jun
3.65 Mar
4%c
Feb
t
•
Volume
THE COMMERCIAL & FINANCIAL
Number 4315
160
OVER-THE-COUNTER
Quotations for Friday
CHRONICLE
MARKETS
Sept.
8
For Quotations on Real Estate Bonds
Investing Companies
v
Pmr
Bid
1
Aeronautical Securities
6
Inc
Fund Ltd
Bullock
1
Century Shares Trust—
Chemical Fund
—
3.25
28.43
2,480
144
4.92
5.35
44
46
—1
1
Consol Investment Trust
1
1
Series AA
Accumulative jseries—^———*
;
1
1
•
Cumulative Trust Shares
FunaJ*--**--.
Delaware
.-1
6.02
4.38
23.29
Investors
2d
l
10.69
11.49
10
11.19
12.23
(Colo)
Inc
series B
shares
•
25o
1.31
7.69
8.31
Income
3.75
10
io
51%
io
35%
37%
127
3.36
7.07
—
series—
3.80
7.74
Insur Co of North America
Jersey Insurance of N Y
10
86%
89'A
79 %
20
37%
40%
24
Knickerbocker
5
7%
12%
19%
Maryland
1
8%
2%
15%
Merch
10
53%
56%
Monarch
Fire
.—10
15%
17
National
Casualty
England Fund
5.02
American of Newark
7.28
American
Re-Insurance—
7.09
7.85
American
Reserve
American
Surety
12.73
13.72
6.40
Agriculture
10.44
11.47
Baltimore American
Shares————250
1.26
1.38
Automobile
6.69
7.36
Bankers & Shippers
25
78%
-1
21.85
23.47
Bank
Stock Fund
1
Equitable Invest Corp (Mass)_5
Equity Corp $3 conv pfd
1
13.34
14.32
Building supply
Chemical
8.08
8.11
6.87
Crum c& Forster Inc
D
———----—_*
Dividend
*
3.70
:
Fund
Balanced
\
I
Aviation
& Howard-
Eaton
1
New York Stocks Inc—
__
j:i
•
.
„
Electrical
39%
40%
Fund Inc
*
Financial Industrial Fund, Inc,
First Mutual Trust Fund
5
19.04
20.50
10
Foundation Trust Shares A—1
Fundamental Invest Inc
2
Fundamental Trust Shares A__2
B
*
General Capital Corp
•
General Investors Trust—
1
9.96
8.90
Industrial Stock series
Fidelity
6.18
stock
22.55
24.71
4.83
5.59
34.02
36.58
5.50
7.27
5.92
Amer
Trust
6.90
:
24%
26"%
34
Pacific
Fire
Pacific
Indemnity Co
io
20
5.70
Fire Assn of
10
59%
8.00
Fireman's Fd of San Fran
10
90%
Firemen's
7.71
8.48
Putnam
Electrical
9.50
10.44
5.18
5.70
Inc Shares
Republic Invest Fund
Selected Amer Shares
Institutional bond shares
*
9.79
10.28
-
6.37
7.01
Sovereign
stock
6.51
State Street Investment
7.35
Super Corp of Amer
5.74
Globe
&
8
8%
9%
Springfield Fire & Marine
25
Globe
&
10
2nd
3.53
ASeries
3.90
4.02
—
shares—
4.43
shares
Tobacco
Utility
.
Common
ASeries
Stock and Bond Group sharesInvestment Co of America—10
Investors Fund C
——JL
Bond
10.04
98c
1.02
1.14
11.95
13.10
25.25
:
27.45
13.16
Bid
Par
-
23 %
of the Manhattan Co.—10
Bank
100
Bank of New York
4.30
National
Boston
Corp
'16.85
42%
45%
103
1973
Florida
Power
3%s_^
105%
..—1974
Kansas
106
City Term Ry 2%s_1974
Louisiana
Mengel
Pow
Lt
&
National
Grace
3%s_—
Co
New Jersey
Pow &
New Orleans Public
3%a
103
106%
104%
Maturity—
15, 1944
Bid
Ask
172
200
338
100
330
16%
—'—10
15%
1,645
100 1,595
41%
—„.25
38%
Kings County Trust
Lawyers Trust.—1
Manufactures Trust Co com..20
50%
20
100
12%
51%
254
37%
2%s
25
99%
100
27%
1,670
Bonds—
jj
104%
Ask
preferred—.
(J P) & Co Inc
Conv
United States Trust
1
'J
1;
1994
4%s A—iLk-2019'
2019
Gen income 4y2s
""
'
-
"
i
tlU
79%
-
income 4%s
53%
JMar 15 1947
1%%
100.11
100.12
tSept.
1% %
1%%
100.28 : 100.29
100.19
100.20
1946
15, 1947
15, 1948
tSept.
100.9
99.31
100.5
V
Income
1st 3-4s income
?
4%s
1st
j'
Gen
income
mtge
4%s
4s
107
106
Price 100 Plus
Bid
1, 1944..
t%s Dec. 1, 1944
t%s Feb. 1, 1945
100.11
100.10
Ask
.0578
.0678
.0848
t%s Oct.
.0937
.0753
.0830
.0846
.0940
—
.0689
.0799
t%s May 1, 1945——,,.*—
1 1945———
.0791
.0919
t%s June
.0822
.0966
t%S Aug. 1,
.0836
.1013
.0724
.0917
t0.90s Mar. .1,
t%s Apr.
1945
1, 1945...
1945
t%s Sept.
2019
1993
1971
—1991
1945
53%
39%
103%
Obligations Of Governmentai Agencies
Bid
June
Bid
Ask
Ask
Federal Land Bank Bonds—
100.5
3s
100.7
102.5
1955-1945
102.7
3s
b0.90
1944
0.75%
Jan.
1956-1946
103.16
103.18
3s
Loan Bank—
15,
May 1, 1956-1946
104.15
104.19
1,
Issue1
1946
1947
103%
105%
105%
—1961
133%
134%
U S Conversion 3s
101.28
1955-1945
3s
U S Conversion
101.30
103 %
Ask
4%s
2014
&
Youngstown—
104
105
39
104%
69
55
14%
Preferred
101
63%
5%
64%
100
preferred
&
Denver
Rio
56%
57%:
82%
83%
Grande
.
Minn St
Free
v
com
102%
104%
72
74
Treasury bills—
17%
September
t
c
Pacific
14%
Preferred
1944
October
1944
1944
0.30% '
November
9,
b0.37
1
November
b0.37
—
0.32%
November
0.33%
b0.37
0.33 %
0.34%
b0.37
0.34%
b0.375
0.32%
0.32%
November
0.33%
December 7,
0.35'
—_
16, 1944
November
b0.37
Ask
b0.37
—b0.37
1944
0.28%
f9, 1944
♦No par
1%
common
1944
:
2, 1944-—„i— *
1944
24,
30,
ii.—
1944—
b0.375 0.35%
b0.375 0,35%
1944
1944——
42%
Paul & Sault Ste M—
Optional v t c
21,
September 28,
18 %
41 %
Bid
October 26,
b0.37
b0.37
1944
October 5.
Bills
fc/r discount at purchase
Ask
b0.37
14,
October 13,
are
'
September
41
*
Western
Bid
16
40
Rates quoted
38%
15
13%
:
'
»
15%
37%
—
Chicago Rock Island & Pacific—
Common
—
•
102
84
Paul & Pacific
Common
71
54
41
82
preferred
5 %
United States Treasury
—
Preferred
2018
1,
Pacific—
Chicago Milw St
103%
Minn St Paul & Saulte Ste M—
vv
..
Pederal Land Bank Bonds—
Common
•I Denver &-Rio Grande—
.jj
108%
106 %
1958
Panama Canal 3s
Canton
Akron
80%
52%
t
Chicago Rock Island & Pacific—
1st 4s
1994
Conv
108%
of Indebtedness—
Certificates
100
100.6
100.30
15.
3%s
mtge
Inc
Stocks
1983
2003
income
Gen
'
,
1968
1974
^York Corp. 4'As
Other
Bid
Western
95%
Chicago Milw St Paul & Pacific
|<
3%s
101%
100.29
-
tDec. 15, 1945
IMar 15, 1946
and if issued)
& Louisville—
1st 4s
Lt
100%
v
,j
105
Power 3%s—1968
&
Power
Figures aft#r decimal point represent one or more 32ds of a point
Maturity—
Dollar
Int. Bate
Rid
Ask
1945
43%
41%
10%
12
9%
1,435
100 1,390
Title Guarantee & Trust
;
99
1988
1
Utah
109%
1972
3%s
104%
100%
1961
15, 1945
Public Nat'l Bank & Trust—17%
29%
1/710 ;
93
1988
2nd 4%s
:
Gas—
264
-
I'Akron Canton & Youngstown—
—
112%
&
53
Bid
1st 4s
109 %
111%
Elec
West Penn Power 3s
100
100.9
tDec
40%
(When, as
Chic Indianapolis
108%
Carolina
Southern Colo
%%
%%
l'Aft
%%
1
%
1%%
tM&r
Reorganization Rails
:
1972
Diego Gas & El 3%s„ 1970
South
Service
—.1973
107%
no,;'
Quotations For U. S. Treasury Notes
Mar 15,
5312
52%
li
series E
Puget Sound Pow & Lt—
4%s
Public Service
Gas
106%
,,109%
San
103%
(Indiana)—
1973
' 3%s
106%
101 %
106%
101%
(New Hampshire)
3%s series A
1973
100
Lt 3s_.1974
101
1953
Public Service
103%
102
Ask
Bid
Pipe Line—
debs
Service
Public
.
1959
JSept.
38%
82%
4%s series B
34%
.
106%
1959
—
Natural
0.85s
|[
76 %
31%
3%
51 %
78%
A
50%
71%
2.50
Panhandle Eastern
109%
102%
1974
Indiana
33%
100
i
50%
series
36%
48
Ask
103%
100%
L1974
3s
National Container 5s
Okla
3%
Par
J50
L
4s
492
34%
10
Westchester Fire
108
109%
1979
Federal Home
II-
63%
477
4
U S Guarantee
2%s
Commodity Credit Corp—
XIV* %
Feb 15,1945
|;
100
Fidelity & Guaranty Co__2
Recent Bond Issues
18.51
31%
Trust———100
Corn Exchange Bank & Trust_20
Bank
Hartford Steamboiler Inspect,„10
3%s
1
&
AFlrst
National City Bank
New York Trust
National
U S Fire
io°%
Northern
10
Co
ABlair
Morgan
Fiduciary Trust
29%
ns%
60%
Banking
Corporations
22%
—
27%
m
Fire
36%
3 24 %
Investment
49%
First
20.55
1.79
21%
•Empire Trust
7.51
15
-
Hanover —_10
16.70
1
47%
—
Bank
8.62
18.80
Fund
'
JL—20
Co
22.74
'
& Trust—10
Trust
84c
25.67
6.87
& Pwr Shares A
Irving Trust —II
Commercial National Bank &
Continental
U S
6.25
,10
Bank
Chemical Bank it Trust-
Travelers
29%
4%s
75c
B
Guaranty Trust
109
107%
«u%
27%
Florida Power & Light 3%s.l974
7.88
B
7b%
,
American
3s
T":
24.90
A—
,.i;
56%
104
103%
Chase
U S El Lt
Fulton
4.42
x53%
Standard Accident
5
preferred
Great
L
5.68
C
Ask
24%
10
Brooklyn Trust
25
Bid
Banks & Trust Cos.
100
Central Hanover Bank & trust 20
Bankers Trust
23
com,
Atlanta Gas Light 3s—,—1963
Blackstone Valley Gas & El—
11.00
x88c
12.86
Rutgers Fire Ins.
46%
119
46.25
25c
series
Union Preferred Stock
1.59
23.72
2.54
New York City
.V
43.25
B
Series
' 32c
Fund
Wellington Fund
•
Republic
10.74
20.81
Union
1.46
jV
5
"6.53
1
B
Trusteed Industry Shares
22.06
2.23
,
5.96
1
Union Stock Fund
Incorporated Investors
5
Independence Trust Shares
*
Institutional Securities Ltd—
Aviation Group shares
Bank Group shares—.
Insurance Group shares
Corp
Marine
4.11
2.18
4.94
20c
Fund" Inc
10c
Foundation
Income
—1
Holding Corp
9.85
——...1
5.16'
Scries
A Huron
15.01
Shares—
4.48
;
13.96
2.30
4.68
—
shares
&
2.34
ASerlea A_—
4.79
4.35
Steel shares
D——
Stand Oil
Trustee
4!62
4.19
Equipment shares
57c
1
C—
75%
72%
34%
_1
ASeries
23%
43%
Trustee Stand Invest Shs—
6.42
29
21%
10
2.35
Corp
AA
6%
27
„10
Fire
10
1
Investors
5.88
shares
Railroad
48%
4%
10
(Texas)...
(Paul)
Security New Haven
1
5 21
Railroad
Revere
Seaboard Surety
2%
Shares
5.92
'
RR
Income
6.68
shares
Petroleum
Republic
25%
9382
Scudder, Stevens & Clark
Fund, Inc
—•
7.46
Mining shares
13%
23%
St Paul Fire & Marine new_12%
X91.96
7.7?
Price Shares
12 %
5
15
36%
3.69
8.78
Merchandise shares
5
19 %
3.35
6.78
Low
94%
87%
X33 %
44 "A
1
7.99
Investing —1
Providence-Washington —.—10
Reinsurance Corp (NY)
2
63%
13%
51%
7.14
7.07
Selected
50%
83%
5
17%
6.55
.
shares-
bond shares
47%
.10
x41%
lOo
Industrial Machinery shares-
Administered
.10
Preferred Accident
a
52c
1
Quarterly
102 %
2.68
10c
Fund
97%
10
6.13
(Geo)
92%
25
Phoenix
52
145
6%
88
12.50
2.78
1
5.62
General
61 %
River..
Hartford
Series 1958
Chemical shares
Fully
Newark..
48%
139
Fire
Glens Falls Fire
1
Building shares
Equipment
of
Fire
Gibraltar Fire
Plymouth Fund Inc
shares
Phila
Genera] Reinsurance
35%
;_i
6.89
Food
57%
10
Federal
Fidelity & Deposit of Md
2.13
6.68
24%
6'/a
Northern
31%
10
Employees Group
Employers Reinsurance
Franklin
•
6.07
shares
Aviation
15%
22%
Northeastern
6.65
1953
6.26
shares
Automobile
H
North
42%
shares
Series 1956_
7.59
47%
14'A
5
54%
39%
5.89
Series 1955
Group Securities—
i " Agricultural Shares
29%
45%
2.50
52 %
6
5.32
North Amer Bond Trust ctfs
North
27%
5
10
York
26%
10
New Hampshire Fire
.
174
...—10
New Brunswick
•'?,
Connecticut General Life
6.04
■
24
Continental Casualty
10.16
—
605
7%
164
Casualty..2
New Amsterdam
61%
6%
2
6%
5
29%
58%
10
8.89
5.17
Stock series
580
100
83 % •i
7
26%
20
Fire
8.92
6.73
Railroad equipment
Union
New
8.84
Steel
4.46
5%
Liberty
National
^
19%
9.24
—
National
7%
21%
6.11
—
39%
6%
17%
8.04
Rai Iroad
59
36%
20%
Metals
"4.35
3.75
Camden Fire.—
4
(Detroit),—10
g
10.74
———---v.::,7
Boston
50%
4%
10
Machinery
1.98
6.00
i.
56%
10
1
47%
National Fire
25
2%
/Automobile
69%
—.5
N Y
Fire
8%
66
Ins
City of New York
9.77
Series
:•
8.30
Oils
1.80
5.36
Fixed Trust Shares A—
Insurance
10.64
7.54
equipment
9.79
9.68
stock
Mfrs
&
9
12%
Massachusetts Bonding
Merchant Fire Assur
11%
5.60
C
,
Casualty
10%
14%
2.50
Diversified Trustee Shares—
;
17%
6.61
1
15%
75%
5
4.52
Low priced bond series
Preferred stock series
29'/«
13%
22
"
11%
Fidelity & Casualty.5
American
27%
10
Fire
io
i> American Equitable
v
Homestead
25
Life
Agricultural
p American Alliance
American Casualty
common
—B
Home
135
Aak
Bid
Far
54
Aetna
,
Companies
Ask
Aetna Casual A Surety
1.44
1
series
Bia
Aetna
voting shares—
Bond
New
Par f
Securities—
Low priced stock
19.33
Insurance
4.77
1
21.66
Invest Fund
1-953
9.85
it)c
Trust
Fund
Bcil Teletype NY
DIgby 4-4950
41.00
8.96
10c
New York 5, N. Y.
96.70
40.18
40 Exchange Place,
Tel:
6.59
94.77
,,
National Investors Corp
National Security Series—
>
17.88
5.04
Investors
Nation-Wlde
4.74
mod
Series ACC
11.12
4.54
"
„
Maryland Fund Inc
Mutual
2.72
2.72
mod
AA
Series
10.10
II'ZI"
S-3
S-4_
(Md)
2.45
2.25
2.25
Corporate Trust Shares
14.26
Mass
Securities com—100 2,380
Preferred
.—100
139
Commonwealth Invest
12.96
Mass
.
9.68 V 10.47
.
Members New York Curb Exchange
26.45
"
S-2
Common
30.57
Christiana
18.66
23.17
24.06
Fund
Loomis Sayles Mut Fund
Loomis Sayles Sec Fund
IlO
Manhattan Bond Fund Inc—
3.85
•
1
Fund Ltd
Inv
Canadian
17.00
Knickerbocker
19.03
v
21.06
Series
31.52
16.88
& Co.
Members New York Stock Exchange
K-2
Series
105.92
lt§:§; SHASKAN
>
K-l—
Series
29.16
15.40
6
5
1
Fund Inc
Boston
Broad Street Invest Co
5%"
3.59
101.68
17.70
Inv
9.91
21
Series
Series
•
15.70
514
10
Industry Shares
Tr of America
Basic
Bond
B-4.
—I
Series S-l
—I
19.59
9.01
B-3
Scries
Bankers Nat Investing—
A Common
31.84
17.82
B-2
Series
15.73
6%i.
14.60
29.58
29.06
B-l
Scries
4.03
14.50
28.22
Series
303s
3.67
Ask
Keystone Custodian Funds—
4.20
29%
Bid
Par
7.52
3.84
10
American Business Shares
1
American Foreign Investing_10c
Assoc Stand Oil Shares
2
Axe-Houghton Fund Inc
1
Holding Corp
AAmerex
Ask
6.92
IV*
Affiliated Fund Inc
1111
30%
66
2
31%
67
k Removed
x
value,
Ex-dividend,
Hons
a
Odd lot sales,
to Stock Exchange,
y
Ex-rights,
r
b Yield price,
d Deferred delivery,
Canadian market.
tin default.
nqt furnished by sponsor or issuer.
e
Ex-interest,
sCash sale—not included in
f Flat price,
range
tThese bonds are subject to all Federal taxes.
for year,
AQuota-
THE COMMERCIAL &
1112
Monday, September 11,
FINANCIAL CHRONICLE
Week
BANK CLEARINGS
THE COURSE OF
Virginia—Huntington
*7—
■ '1.434,050
Virginia—Norfolk.--.—5,717,000
i,io2,629
76,680,242
74,603,043
1,835,184
140.875,598
34,735,009
130,655,542
261,277,683
253,345.929
West
advices from the chief cities
9, clearings tor all
weekly clearings will
be 0 2% above those for the corresponding week last year.
Our preliminary total
stands at $7,672,234,924, against $7,656,939,275 for the same week In 1943.
At this
center there is an increase for the week ended Friday of 5.5%.
Our comparative
Richmond—
-
South Carolina—Charleston
Maryland—Baltimore
—
District of Columbia—Washington—
(6 cities)—
Total
Clearings—Beturnsby Telegraph
$
«
.
'r-:;
——————
.
6,142,000
1.925,936
38,911,774
6.9
866.852
3,256,000
55,24.9.190
7,094,000
2.8
+
jV
1,014,114
v
+ 30.1
68.005,003
—
4.7
1,999,947
1,541.013
7.8
—
112,701,118
89,676,171
34,714,996
29,175,625
225,530,178
179,764,851
+
—10.7
+
3.1
-Chicago
■
——«»- •
—-..
City
Kansas
410,000,000
Francisco
San
+
20.1
137,465.000
+
36.7
141,083,146
+
7.1
V
123,579,085
$4,840,011,969
Mobile—
$6,157,787,939
1,803,773,635
1,807.851
—51,199.956
34,596,321
4,065,386
4,300,856
219,979
265.839
75,192,080
92,953,519
340,311,230
335,133,031
■
—
Orleans
:.
/•'
1
^
••
.
"
(i0 cities).
Total
4.9
+
$5,853,165,640
1,514,446,935
Total "all cities, five days——.
one day
—-—
Ail cities,
+
+
17.9
5.240,638
27,209,972
23,461,746
2.0
99,800,000
74,400,000
+
12.0
I
—14.6
1,650,000
1,457,981
1,439,428
6,1
30.663,597
20,232.081
-
+ 48.0
25.350,231
23,833,381
j
5.5
4,396,313
3,055,663
—17.3
187,968
163,459
—19.1
55,000,000
52,472,616
1.5
252,190,572
205,758,993
+.
—
1,685,679
r,
-
5.2
+
—
—
+
$7,656,939,275
X.vi
Reserve District—Chicago—
Seventh Federal
16.0
Michigan—Ann Arbor
$7,672,234,924
6,346,812
2.2
+
—
6.3
1,240.016,110
-
'•
2,246,937
37,628,205
Mississippi—Vicksburg—
Louisiana—New
■£■
1,543,431
—
Alabama—Birmingham—
~+: 2.4
$4,613,149,529
1.317,775,970
days
33,062,210'
119,800,000
41,043,013
Macon
6.2
+
116,398,802
105,435,250
32,344,117
^
Florida—Jacksonville^
:
cities, five days
Ten
98,300.000
102,908,495
—•
Other cities, five
+16.7
151,127.966
■—
—.———
Baltimore—
—10.2
124,473,399
187,923,000
—
——
-220.098,214
118,100,000
St." JaOUiS
—
Georgia—Atlanta——« 122,200,000
Augusta—
—2,516,369
2.7
207.665,575
—-
Pittsburgh
Cleveland
f
8,471,293
9,986,899
—.
Nashville——
5.2
145.308.914
'
———-
—
———-
.
—
—
•——
Philadelphia
Bog ton
319.735.078
Tennessee—Knoxville
5.5
+
$2,940,160,640
303,101,476
———
.—
District—Atlanta—
Reserve
fc
.
$3,101,297,458
399,000,000
York-
New
Federal
Sixth
>
1943
1944
Sept. 9
Week Ending
Grand
0.2
+
5,874,970
Rapids
2,817,406
—
Indianapolis
South
3,526,377
4,125,242
Lansing....
26,968,COO
_
and complete results for the week previous—the week
ended Sept. 2. For that week there was an increase of 10.7%, the aggregate of clear¬
ings for the whole country having amounted to $9,367,848,960, against $8,465,868,729
in the same week in 1943.
Outside of this city there was a gain of 3.0%c, the bank
clearings at this center having recorded an increase of 17.7%?.
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 are larger by
Moines..
3,041,088
'.v 1,993,670
2.5
—
5.5"
—
V
2,852,196
5,715,639
+
9.0
28,358.170
20,721,379
+
7.4
1.626.322
6,296,236
——
713,417
439,783,729
1,434,022
1,639,988
...
'
2,338,441
9,065,331
15,391,931
..
t
ft
19,674,000V,
26,112,000
5.3:'50.7
1,746,758
Chicago
1,682,308
1,517,139
8.8
13,351,010
f;. 11,554,580
7.4
5,393,732
4,578.967
—23.2
444,224
555,830
—
—
'"
r
3.2
401,885,905
+ 14.4
1,461,656
339,422,791,v
1,017,782".,
4,585,934 ,i
+
"
5,848,981
5,316,889
10.0
4,716,163
2,302,633
—11.2
2,101.796
1,738,167 '
1.732,436
2,315,139
—25.2
2,030,750
1,592.632
571,444,689
Peoria
554,155,50*
+
3.1
513.325,527
+
5.8
2.2
135,000,000
47,750,000
—
2.7
8.2
27,047,103
933,000
+
3.6
_
Rockford
Springfield—
Total
2,051,433
+
Illinois—Bloomington
Decatur..
4,426,931
4,119,902
:•+
_
Sioux City—
able to give the final
386,365
6.250,446
29,782,172
Iowa—Cedar Rapids
Des
458,850
0.3
+ 17.0
—
3,340,822
—
Haute
Terre
+ 50.2
6,315,792
Bend
Wisconsin—Milwaukee-.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which we present further below,
District by 3.4%, but in the Philadelphia Reserve
District the totals are smaller by 3.8%?.
The Cleveland Reserve District has to its
credit an improvement of 10.8%, in the Richmond Reserve District of 3,1%? and in
the Atlanta Reserve District of 1.5%?.
In the Chicago Reserve District the totals
register a gain of 3.1%?, in the St, Louis Reserve District of 3.6%? and in the Min¬
neapolis Reserve District of 1.6%.
In the Kansas City Reserve District there is a
loss of 1.5% but in the Dallas Reserve District the totals register a gain of 12.8%
and in the San Francisco Reserve District of 4.0%.
349,644
525,051
„—
Indiana—Fort Wayne
Complete and exact details for the week covered by the foregoing will appear
In our issue of next week. We cannot furnish them today, in as much as the week
ends Saturday and the Saturday figures are not available at time of going to press.
are
19414
1942
-
for the week follows;
summary
we
Sept; 2
Inc. or
Dec. It
Reserve District—Richmond—
Federal
Fifth
liminary figures compiled by us, based upon telegraphic
of the country, indicate that for the week ended Saturday, Sept.
cities of the United States from which it is possible to obtain
■
Ended
1943
-
$
Pre¬
increase compared with a year ago.
this week will show an
Bank clearings
v,1944
,.„
1944
(17 cities)—
+
423,872,180.;
17.2% and in the Boston Reserve
t
1st Boston
2d
3d
12 cities
—
—
Philadelphia
4th Cleveland
r—_
5th Richmond
>
6th Atlanta
7th Cnicago
,
Louis——
6th St.
9th Minneapolis
10th Kansas
City
Total
10
Francisco
J—
—
We
:
add
now
our
329,155,238
254,627,741
3,541,745.827
3.8
550,794,791
2,855,700,726
438,459,122
510,696,734
+ 10.8
489,945,913
353,636,427
253,345,929
+
3.1
225,530,178
335,133,031
554,155,501
+
1.5
252,190,572:
205,758,993
+
3.1
513.325,527
423,872,160
+
3.6
210,730,103 ;
+
1.6
169,387,926
cities).
(4
<
/
V
121,648,366
+ 12.8
98,786,826
Clearings at—
'
Federal
First
•
v
+
4.0
407,379,976
1.5
—
4,045,331,045
-
New
i
:;
883,735
633,610
+
11,0
4,110,640
+
6.3
2,670,085
5,491,274
5,721,301
15,365,400
'
Hampshire—Manchester
(12
-
14,124,376
H.V
'
—42.4
2,785,436
:
15,354.700
Haven-——.
Total
"
1,083,889
—
Island—Providence—
326,679,350
704,443
446,454
340,888
975,301
3,931,087
*
2.391,599
15,194,234
15,031,040
1,571,458
59,116,488
978,431
990,il6
15,533,305
*
Binghamton
Buffalo.^
5,753,884
16,196,800
Jamestown
New
5,202.857,049
329,155,238
Connecticut—Stamford
-uV
JersejM-Montfclair.l
6,285,305
+
■ *
.
4,473,108
8,500,000
8,125,994
.1,572,502
1,331,303
47,600,000
43,200,000
*.1,231,345
3,3
—12.7
— 0.3
V;
;
:289,418 V
Newark-!—-—
Northern New
25,071,891
Jersey
r
35,282,559
—'
1.2
938.734
'
761,873
984,439
3,408,145,100
2,741,099,504
+ 21.3
9,580,503
8,190,351
5,349,528- +12.1
6,475,658
— 2.9
362,556
—20.2
24,690,701
+ 1.5
33,093,400 -;+ 6.6
;
Total
(12
r
cities).
5,000,000
4,503,419
..-6,515,648
4,798,906
4,578,993,245
5,367,108,732
r.
'
\
'VL
■
Third Federal Reserve
>'
Chester J-!
'
j
-i-..
Lancaster
"•i
;
401,717
305,126
22,844,310
19,678,319
29,592,829;
,
+17.2
New
Jersey—Trenton—77
!
>
Total
(10
Fourth
c'ties)
Federal
■
*
J r_L
-•
22,544,631
3,541,745,827
;
lColumbus—
Mansfield
Youngstown^-i
+
'
(i
{
—
597,000,000
—
f,
'
7.6
<1*
m
3.3
»
4.7
;
..
.
+ 13.4
2,239,229
2.4
1,162,655
—
3,514,000
**
T.
»■
-—"I""*"'""*.'"
177"
:""~"
777
:_Ir"~ .-
Pennsylvania—Pittsburgh—"U""."
94,773,645
199,543,572 ;
1.791,598
1
2,206,006
1,224,212
1,837,183
1,300,000
2,584,800
3.8
550,794,791.
-
.
438,459,122
+
+
•
..
4.7
3.8 -•
15,452.700
2.192.577
+ 14.0
3,734,394
3,489.104
+
243.206,833
203.407.234
+19.0
510,696,734
+
18,186,200
3,026,016
66,671,924
163,327,102-
+17.7
*2,500,000
3.020.489
94,475,715
+ 19.9
*192,309.454
'
.821,059 V- c, {
,
;?
692,294 +
164,138,010
f
+ 13.2
75,725,872
+ 24.6
12,443,826
2.1
2,337,000
2,110.000 V
9.7
1,250,000
1,172,604'
4.8
4,500,000
4,034,538';
+12.8
98,786,826
+
0.2
70,652,048
+
10.2
1,869,655
9.9
66,673,630
23,467.859
2,231,836
2,281,441
98,195,850
11,877,772
3,361,000
—
—
■
59,622,000 f
Wichita
1,273,069
4,543,064
1,160,261
+
7,900,177 £
4,772,042
—
137,243,622
121,648,366
Falls—
Louisiana—Shrevcport—
■
(6 cities).
Total
Federal Reserve
Pasadena
24,809,207
Santa Barbara—
Total
f.
'
•
■■
■
9,713,681
—24.3
3,238,929
243,929,000
1,661,172
—
1,750,469
3,986,558
463,728,552
i
(10 cities).!.
T
V;. ' + ' -V
;V.,
(111 cities)
■•Estimated.'
7,349,696
<
.:
9,367,848.960
4,164,991,911
"
4,802,772
—
Stockton—.
Grand Total
+ 10.0
266,367,000
7,092.126
—
——
—rr."r
22,465,939
3,456,260
-
1,980,045
77.754,365
4,365,148
f rancisco-——
2,180,960
;70,041,032
•>:o
-+-■
San Jose__
76,281,654
76,405,951
(IV;
:—
——
Oregon—Portland- —■
:—
Utah—Salt Lake City
.
California—Long Beach———-—San
'
13.413,500
2,273,592:
7.0
..
■.
i.
■■'.
76,688,256
■
565,934,675 r/
-
10.87
4.100.000
209.335.515"
•
'■
-
District—San Francisco-
Seattle—
Yakima
■
.
'
-
—
49,817, ,910
1,719, ,732
V
44,969, .474
16,921, .586'"
6,171,972
4,587, 92:>v
6.7
2,677,152
3,083, 566-
+
9.2
226,377,000
+
47.7
4,315,724
5.1
1,152,009
9.5
4,022,927
+
—
+
V
172,657, ,717'-.
4,091, 629
'
V
1,361, ,219*.'
3,360. 814
; 302,571,569
445,903,412- + 4.0
407,379,976
+ 10.7
6,816,659,560
5,564,586,324*
3.0
3,408,514,460
2,823,486,82Q-
8,465,868,729
4,045,331.045
+
-
Note—Canadian Bank
of Dec.
31,1943.
Clearing were discontinued as
As noted in our issue of Jan. 17, 1944, page
250, at the last Annual General Meeting:
Bankers .Association
returns be
direction
discontinued
on
was
118.808.537
12.036,000
not
of ;|l)^f;^anadian
Dec. 31,1943, in view of the
—
fact,
that-the figures did
correctly reflect business activity, for the reason
intra-bank items do not pass
'
given Hh&tb clearings +
'rm
-
that
through the clearing houses.
.;
Ta'-
If '%■
■nfy
s
1,990,856
3,898,433
147,198.661
■;i/l
-Total' (7 cities).
■
1.848,937
2,530,128
14,793,653
that it had been obvious for some time
3.326.610
^
227,686,683
466.930
2,922,500
90,519,055
658,01fi;-
2.2
3,290,000
1,568.775
+ 13.7
—
,
?
3,410,312
' '
4,354,000- —19.3
607,328,944
582,991,375
1.5"
—
111,112,000
426,000,000
1,194.757
—11.0
1,533,771 "
>-
899,762
645,196
i.
. _
538.000.000
1,522,958
1,587,350
.
•
1,636,823
2,497,719
1,743,145
31.2
2,512.48r
v' 4,418,620
113,388,692
4,337,243
.•v
35.716B54
.
V
158,279.593
8.9
—
+
'
0.2
—54.9
.
5,180,652 V
+ 28.9
+
3,035,554
2,270,947
9.5
—
,
171,702'
.
51,751,485
5.7
—
133,486
-180^)00
671,605
530,492
2,222,719
1
* '
%
675,000
V
1,726,581 'r
"
-
3,769,409
V t
596,152
2.5
+ 25.7
1,583,495
3.990,031
Cincinnati
Cleveland———
>>
520.066 /
-
'
"~Y
—
.ixfi
Reserve District—Dallas-
Galveston
2,855,700,726
Reserve District—Cleveland
Ohio—Canton
■'
4
485,897
•
-
'
I •'
597,688
1,549,387
77
v
*
v
,
569,000,000
__
^1*-.
111171.
York—
„
552,282
1,531,684
Reading-
I)
r
*
j
653,547'
Wilkes -Barren
f.
•
•
.
498,030 :
-
_
Scranton
'
;
:_i_
Philadelphia
/
i
•
Pennsylvania—Altoona
Bethlehehr—-i—
'•
*
District—Philadelphia—
581,736
276,790.848
Dallas—
;
O-'vV
750,178
vv
Outside New York
•
1
254,627,741
f
3V4
+
11,049,403 '
"
5,997,550
Syracuse
New
...
13,406,983
'-v
——
5,454,456
338,079
Fort .Worth-—
639,300
■
725,107 | +47.8
4,420,537,784 V +17.7
1,071,562
-
'
York
Rochester-
4,966,796
Texas—Atistin——
10,859,600
688,686
0.1
—
'■
.;«.+
"
Elmira——
183,969,797
(10 cities) J_——
Washington
1,372,248
58,962,431
York—Albany—
5,439,004
184,350,024
L
Twelfth
New
2,386,909
v
Eleventh Federal
York—
Reserve District—New
142,069,89^:
v:'; 11
!*.f
11,736,112
•:
—11.5
+
73,279,778
2,160,190
—
}
168,533
+ 20.6
—24.2
_
^
V-.t.
1,901,786
4.0
+
191,244
4,471,669
69,095,081
_
—
-
i-j.>,
—20.6
230,563
;... ^—
1,009,467
4,030,751
169,387,926
1.6
3,390,327
...v
Joseph-——:——...
Total
2,979,195
4.1
—
r.
____
1,366,594
.4,150,124
-
—24.3
.+
1,240,731
1,144,643
1.6
+ 25.1
-'4+v- !v i'.:
Distric|~~Kansas City—
Missouri—Kansas City_
796,269
V
•
4,3
+
—
668,893
.592,120
■<
cities)
Second Federal
5,308,866
210,637,377
Wichita.^
791,233
2,172,300
217,233,507
277,461,404
864,554
4,367,877
_
Omaha
:■{:•§;
4.500,430
4.6
+
364,911'
.
Lincoln
Pueblo
750,805
■
—10.1
794,722
:
4,019,723
—
—
Colorado—Colorado Springs
—17.6
3,527,157
1,202,668
Worcester-
New
4.1
—
277,094,508
Connecticut—Hartford
+
1941
<
V.
95,490,495
33,752,1752,797.441
3,153,121
0.1
—
1,553,426
1,295,726
213,978,89*
———.-x-l
Kansas—Topeka
'
-
1942
Inc. oi
a'
806,456
2,907,502
Bedford^
Rhode
,
•
Fall
39,903,572
'
Hastings.—:.———!——'—..:
St.
•
Week Ended Sept. 2'
1943
*
768,742
.
:.r
3,748,832.-:
3,806,570
115,863,302
2,858,664
1,620,422
266,077
figures for each city for the
-
Springfield——
44,218,056
:
5.2
0.2
9.9
+
1,578,068
-.
Tenth' Federal Reserve
2,823,486,820
Reserve District- -Boston—
Maine—Bangor
—
+
-d,
5,564,586,324
3,408,514,460
:
Massachusetts—Boston—2
New
6,816,659,560
+10.7
+ 3.0
8,465,868.729
1944
;
167,298,557
210,730,103
—
2,832,823 '
—
Total"(? cities).—I
.
'
River
Lowell
48,582,860 +
Dakota—Fargo—
Dakota—Aberdeen—
^Helena..
164,138,010
227,686,683
Dec. %
Portland
3,651,341
151,751,298
151.501,507
Montana—Billings
302,571,569
V
46,668,608
V
District—Minneapolis—
Reserve
76,688,256
445,903,412
9,367,848,960
4,164,991,911
■-">I
.'t
North
South
179,764,851
•
276,790,848
detailed statement showing the
orZ I
;■
244,555,992
142,069,892
244,555,992
210,637,377
(week ended Sept. 2, for four years:
1
253,423,136
96,400,000:
23,572,949
^57,000.t
167,298,557
v.: 607,328,944
137,243,622
463,728,552
111 cities
981,000
-
St. Paul
3.4
+
—
213,976,891
272,517,472
Outside New York City
—
Minneapolis.
S
S
+ 17.2
326,679,350
261,277,683
340,311,230
571,444,689
253,423,136
"
"
"
"
"
"
"
"
6
Uth Dallas
12th San
"
Dec. «
4,578,993,245
582,991,375
565,934,675
+
35,643,426
1,069,000
..
Total
1941
Vvjv 1942
Inc. or
S
5,367,108,732
"
"
12
10
7
6
10
17
4
7
10
York---
New
59,543,566
34,679,849
Minnesota—Duluth
1943
1944
$ ;
337,890,903
Reserve Districts
Week Ending Sept. 2
Federal
60,862,287
—
—
Illinois—Quincy——
Ninth Federal
SUMMARY OF BANK CLEARINGS
;
148,300,000
156,900,000
Louis
Kentucky—Louisville
Tennessee—Memphis
Districts:
furnish a summary by Federal Reserve
In the following we
Eighth Federal Reserve District—St. Louis—
Missouri—St.
^489,945,913" —^^ 35a:63a."A2T
[Volume 160- Number-4315
THE COMMERCIAL & FINANCIAL CHRONICLE
-
;
:
Redemption Galls and Sinking Fund
777,777:17
>'
Notices
7:
Gc/o
list of corporate bonds, botes,
a
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."
77.777>
7
Company and Issue—
Cassco Corp.
7
OF TENDER
NOTICES
Date
•
'
'
Page
>
1st mtge. 614
bonds.,.
Sep 20
475 Fifth Avenue Corp., 1st mtge. 6¥jS, due 1945__
Sep 25
Interstate Debenture Corp., 20-yr. debentures, due 1955-Oct
l
Pittsburgh, Cincinnati, Chicago & St. Louis Ry. consol.
■
,
,
,mtge. bonds; ser. "D" to
_______——
Warned Co., 7% 1st preferred stock—_______—
*
Sep 15
*
PARTIAL REDEMPTION
Page
977
1
______——Nov ;1
Burnett Central Bldg., Inc., 1st mtge. bonds, due 1945—Oct.
Central Maine Power Co. 1st & gen. mtge. 3V214 bonds,
7- series H, due 1966—
—————Sep
1
*
25
Cincinnati Gas & Electric Co.—
;
827
1
—Oct
1
Ltd., 1st mtge. & collat.
"B" and "C," due 1951
Oct 19
4*/2/V" bonds,
"A,"
ser,
Hartford Electric
Home Telephone
*
Light Co. 3 % debentures due 1967——Oct
&s Telegraph Co.—
1
»
1
984
1st mortgage
3'As, series A, due 1967——.
Houston Natural Gas Corp. 1st mtge. 4s, due 1955
Nov
1
s
1
1
985
832
Litchfield
Nov
Oct
1
986
1
832
Marion. Steam Shovel Co. 1st mtge. 6s, due 1947
Oct
Megowen-Educator Food Co., 5 14 debs., ser. B, due 1947_Oct
1
■».
1
730
Montreal
1
*
& Madison
Lorillard
i
New
Ry., 1st mtge. 5s. due 1959
Co. 20-yr. 314 debentures, due 1963
(P.)
Island Power Co.
York
Power
& Light
1964
.due
1st mtge. 5V2s,
Nov
A
ser.
Corp. 1st mtge. 3%14
bonds,
Oct
1—
Paramount
Broadway Corp., 1st mtge. loan etfs
Roos Bros., Inc. 6 V2 %
preferred stock—
Safeway Stores, Inc. 514 preferred stock——
Southern
Natural
Gas
Co.
1st
mtge. 3 Wo
1956
!_7
United States Leather Co.,
1
Sep 19
Nov
1
Oct
bonds,
988
571
1'
-
571
due
Oct
1
1
—
United States Plywood Corp.. 4:,/4% pfd. stock, series A_Oct
Suburban Hospital Association class A mtge. 4 14
*,
bonds; due 1955_
&
::v
,
873
.
1025
:
ENTIRE
•,■•I
'
:7':7 7'7'77
7777
.
TSSUES:?CALLED;':- ^r^
-Company and Issuer-,
prefen*ed
Buiova Watch Co.
5ro
Mills,
Page
Mills
Furniture
Mart
7
Bldg. Corp.—
due 1951
Oct
1
1952—Oct
4s/ser. A,
2
—Nov
;
:
Carrier Corp.. 4Vz'/o
debentures due 1948—
Central Pacific Ry. Through Short Line,
977
978
; ; ;
1
*
'
Oct 24
:_
1st mtge. 4%
-"7*
;
219
"
Oct
ii-
1
Chicago-, Burlington & Quincy RR.—
; ' :
'
'Illinois Division mtge. 3Val4 & 414 bonds due 1949__Jan
Cincinnati1 Union Terminal Co. 1st mtge, 3''2$, ser. D,
due 1971
1
Nov
1-.;. $2299
•
■
—
_.
Coniorr
Corp. 6%
l'
•
'
v
4
1
533
1
Derby Gil & Refining Corp., $4 preferred stock.——Nov 15
Gotham* Hosiery Co., Inc., 77 preferred stock.—_J
Nov
1
981
429
Harvill
Heller
-Walter E.)
Hudson
River
Illinois
Power
1st &
mtge. 3*/»%>
bonds, due 1967-Nov
preferred stock
6 14
Corp.,
1st
1st mtge.
-
Orleans
Public
Service
1st & ref.
mtge. 514
ref.
mtge. 514
1st
&
$1447
Claiborne
&
Canal
■h,
1946
,
.Sep
due
*
435
$1766
731
15
.
"
570-
*
& Trust
$7 preferred
-
U.
570
1
570
a
Co.
(N.
Y.)
L^ht
&
preferred
preferred
•
1
7
$2237
$2124
'124
*
—
tin Volume 159.
♦Announcement in this Issue,
Louisville
10-
2
9-20
10-
514
9-18
9-11
10- 2
9-30
10-16
10- 2
9-20
10-
9-20 7
2
10-16
572
»
§Redeemable at any
interest to maturity.
$10c
10-16
DIVIDENDS
,
'■
10-
3
•;
$1.37)'2 7
10- 2
10- 2
9-11
10-
'■ >•'
.
'
»
•
first we bring
10-2
11-
current week—Then-*we
which
we
second table in
been paid.
under the compariv
and
a
Further details and rec¬
of past dividerra payments in many cases are given
which have not
ord
follow with
show th© dftsfetends previously announced, but
Investment
in
name
our
"General
News Department"
Corporation
in the week when
declared.
The dividends announced this week are:
>
Ltd.7
Per
9-30
9-30
.25c7('10-;2
9-15
'31'4c i
;
9-20
;
8-12
9-15
9-
* ./■
7
2
tfiare
frame of Comvant
Adams
(J.
Alabama
D.)
Mfg. Co.
Water Service,
20c
(quar.)
$1.50
$6 preferred (quar.)
•
pfd.
Corp., common (quar.)__
(quar.)____——,—.—__
General Tire & Rubber Co.—
.7
preferred
(quar.)____!
preferred
Qptham Hosiery Co., Inc., 7%
Great American
Insurance
•Extra
Y.) (quar.)
•—
preferred_i.__
(N. Y.)
<quar.)__
1
9-20
9-
Newark
9
9
,
10-14
9-20
5c
10-14
9-20
7
(quar.)
+_
9-18
9-25
9-15
North
9-30
10-25
10-17
Noma Electric Corp.__^—
15c
50c7
Oahu
8-18
Oklahoma
10- 2
$1
9-15
Omnibus
9-
9-15
Ry. & Land
8%
1
Corp.,
(quar.)
Gamble
11- 1
10-25
9-30
Pacific
10- 2
9-20.
9-22
10- 2
9-
Lighting Corp., $5 pfd. (quar.)_____
Public Service (quar.)—
Pacific Tel. & Tel., common (quar.)
1010r
1010-
9-20
50c
$1.50 Y
67c
10c
6% preferred (quar.)_
Pennsylvania Forge Corp
Peoria Water Works, 714 pfd.
9-20
Pepsi-Cola Co,
9-15
Pfaudler
Port
9-20
8-24
Progress Laundry Co.
(quar.)—
10- 1
10- 1
10- 2
$1
$1.75
9-18
Providence Insurance
<N. Y.)
$1.50
$1.75
10-14
>
,
614
■•
714
9-12
614
9- 5
Rieke
35c
15c
20c
t$l
*$1
9-15
8-31
9-2&
9-15
10- 2
Metal
9-15
9-30
9-20
7
$1.1834.10- 2
9-15
-
9-20
9-30
10-16
11-1
10-21
$1.75
10- 2
9-22
$1.50
10- 2
94il
20c
—
(reduced)
—
1
Williams, Inc. (quar.)_
_+______
Sherwin-Williams Co. of Canada, Ltd.—
&
Extra
-
11- 1 7 10-20
9-15
9-1
9-15
*'9-M
9-30
9-15
$50c
$62J/2c
10-1
9-20
7
'9-15
(interim)
15c
10-1
9-29
9-20
9-13
50c
9-15
9-v8
$15o
Scott
preferred
9-11
9-30
30c
.
9-11
514
7,
.
(quar.)
Rome Cable Corp.—_—
Common
7
$25c
(quar.)
Sloan & Zook Co.
9-5
Manufacturing, Ltd.—
8-26
1
—
Works Corp.r-
(quar.),—
Products Corp.
(P. L.)
Preferred
,
$1.50
2%c
10c
9-25
9-15
'
(quar.)„_____—
Water
.
,
25c
preferred
Common
9-15
10- 2
,
15c
Bit Co.——
preferred
Richmond
1
9-26
9-15
30c
30c'
9-28
10-16
$1
Regent Knitting Mills, Ltd. (interim)
Reliance Manufacturing Co. (111.),( common)
9-
i.7;-•
(quar.)25c
9-15
9-13
10- 2 7 ' 9-15
9-15
Reed
9-11
9-15
'
10- 2
10--2
9-Jl
9-15
10- 2
I5c
25c
preferred (quar.)+_—,—______——_
(Pittsburgh), common,.
_______
preferred
.4.—
—__
Roller
9-20
9-20
50c
Rand's
8%
2
2
2
2
9-30
10-15
10- 2
/. /.-;■=
preferred (quar.)._______________—
Lambert, Inc. (irreg.)
9-20
:
10101010-
.*
(George) Fund of Boston——
Radio-Keith-Orpheum Corp.—
;
(
(quar.),—r—,i~
.~-i——*
Sulphite & Paper Co.—
Putnam
:
9-15
11- 1
30c
9-18
9-30
9-20
'9-11
10-2
10- 2
$2.50
Pratt &
1
9-
9-30
9-18
9-15
.
5c
(quar.)
Plough, Inc.
4%
25c
& Chocolate Co.
Planters Nut
9-15
9-30
50c
9-28
9-30
50c
4
9-13
Huron
10-16
;
20c
——
—
L
9-20
9-15
Telephone Co.—
7 $4.75 preferred (quar.)_
-—
9-15
9-15
9-15
8-26
10- 2
9- 5
$1.75-
(quar.)—
1—-.
Co.
9-15
$1.50 >10-14 7
10c9-29,
;
—
____T
10- 1
9-25
10-2
93c
+,
•
9-20
Extra
40c
62V2c
$1.25
10c
$1.50
9- 5
9-11
^
9-30 :7
10- 2
20c
—_
Pacific
9-15
2
2
1
1
Robinson.—
Pacific
8
v
$1.50
$1.75
50c 7
9-12
$1.50
10- 2
35c 74 9-30
25c
$2
(quar.)—$1.25
$35c
9-20
9-15
9-15
10- 2
________
$1.75
9-25
—
$$1.25
__
& Debenture
Loan
,
10-2
commoni___
preferred
9-11
10- 2
$2
$6 pfd. (accum.)
Gas Co. (quar.)—______
Natural
Ontario
10-14
50c
—
9-15
9-15
8-31
:c25c
10- 2
9- '8
.50c
9-30
9-18
..•:,.;t77.-7 r7 4 77.;
.».••—•': 10-16
107(2
25c
10-16
9-25
tquar.)
Ohio Cities Water Corp.,
9- 5
9-^0
9-14
10- 2
10- 2
9- 9
Co._,7--__i!l,_'_7»!i-!!__'77
8-18
9-15
.
9-15
9-25
(initial5c
Light & Power Co., Ltd.
Nova Scotia
10- 2
$1.75
8712c
32,25
—
new
9- 1
9- 1
10c
(accum.)_!——
(nuar.)_—
Oil,
10- 2
9-23
9-15
9- 1
10- 2
9-20
9- 1;.-578-28
10- 2;Itj 0-22
10- 2 '
9-!l5
9-30
Norwich & Worcester RR. Co. 814 pfd. tquar.)
American
;.
10- ,2
15c
Water Co., 7% preferred (quar.)
iN. Y.) (quar.),!
Telephone Co.,!
10-2
9-1
9-15
10-16
10- 2
—____—___
$6
-7
.
40c
,
8-21
'
9- 7
9- 7
9-11
80c
9-25
10c
9-15
9^ 7
2
9-25
:
30c
l33/4c
(accum.)—
25c^<p;9- 1
Illinois Commercial
Co.
10- 2
10- 2
.
—
pfd.
9-5
*
10- 2
'10-16
10- 2
+55(20
Niagara Wire Weaving Co, Ltd. tquar.)
Noblitt-Sparks Industries Inc.——
—
Stock- dividend ((4 of a share of capital
stock for each share held)——
___■•
9-9
9-
9-19
_1
7 9- 9
9-20
;;-;,7 4-•
New York Trust Co.
10- 2
•
$1.75
15c
.
New Jersey
9-20
Inc.
Robertson
Ideal
i25c
*
7-
Hampshire Fire Insurance Co.
9-30
Hobbs; Battery Co.—
8-21
50c
^
'.'9-x9
•
9-15
:—_—15c
Co
&
10- 2
'
.
Baker
Nelson
New Idea
—
Cement
4
common,—12VaC
preferred (quar.)
$1.31,/4
1st
9-20
Inc.—
;
7!;
; /
C •
preferred' (accum.)_____.—$1.50
Gruen Watch Co., common
20c
5% preferred (quar.
31)4c
Guaranty Trust Co. (N. Y.) (quar.)_
$3
Hammond Instrument Co. (quar.)—
10c
Harrisburg Steel Corp.,
j_—,——
Hilo Electric Light, Ltd.—.—,—
10-2
(irregular):
Gil Co.
Corp.,
$5.25
10- 2
614
9-15
ot
preferred <s-a)__.;
Pump Corp., 5¥2%
New
Greenwich Water System,
9-
'
American Alliance Insurance
(quar.)
(quai%),_———
Telegraph Co. (quar.)___.
10- 2
; 9-21
9-15
9-15
9-18
9-20
$1.12)2
——
9-30
1
(quar.)
$1.25
preferred
50c'
8
10- 2
10- 1
10-1
10- 2
2
25c
General Telephone
9-19
100%
25c
pfd. (quar-.)7_
General Paint Corp., $2.67 pfd. (quar.)
General Printing Ink Cot p., common.
$4.50 preferred Class A (initial) (from date
of issuance to Oct. 1, 1944)__—f——__
9-, 1
10-2
Y
50cw-^9-15
7
9- 9
50c
Murphy (G. C.) Co., 4% 14 preferred tqUar.)
S1.I834
Murphy Paint Co. Ltd., common tquar.),—
20c
5^'4 preferred (qusr.)—$1.37^i
Murray Ohio Manufacturing Co._„—_____
30c
Mutual Telephone Co. (Hawaii) tquar.).—
15c
National Bellas Hess Inc.__—7_^! ' 1> f' 5c
National Department Stores, common (quar.) 1
T2V8c
10-
20c
Class B conv. pfd. (quar.)
Co., Inc.—
r
9-
,20c
.
/
9--15
9-25
9-11
372
(quar.—
9-15
35c
7 National Screw & Manufacturing Co—37VaC
*
Naval Stores Investment (quar.)—.—_____
25c
9
37)2c;--Jl0- 2
7
9-15
9-i4
9-22
$1
12Vzc
:
9-11
9-25
$2
Co.______i!„
75c
<quar.)__
10- 2
10- 3
9-30
9-20
—__
.10- 2
$1.75
4''"'lc
____
10- 2
Nehi
_______
$1.25
(quar.),--
•
10- 2
Navarro
Rapid Transit Co
—_—
preferred (quar.)—,—,
Hoskins Manufacturing Co
Humberstone Shoe Co., Ltd. (interim)——
Huron & Erie Mortgage Corp. (quar.),,—
Pavahle
pfd.
$5
preferred (quar.)
National
9-
•
—
10- 2
■
9-15
t$1.75
9-
_____7_-
$1
'
preferred class B (quar.)——_
of America—
9-18
_____
9-20
9-15
6%"preferred series of 1931 (quar.)_^___
15c
Motor Products Corp.__;_!,_—50c
9-18
5c 7
$1.37)2
9-30
10-10
preferred claSs A (quar.)—t$1.75
6'4
9-30
9-12
10-15
25c
714
V
,
9-22
9-25
10-2
9- 9
-
Morris Plan Corp.
9-15
9-15
50c
714
9-15
.
10- 2
'
7.7/7% preferred (quar.) —:
7 Montana-Dakota Utilities Co
7 Moore Corp. Ltd.,
pommon (quar.)
9-15
.
9-30
9-20
30c
Y.)-r^
Manufacturing Co.
9-15
614
Holder
10-14
25c
preferred (quar.)
Drug Corp. (stock dividends)—^
814
9-25
Honolulu
When
$1.25
Monongahela Valley Water Co.—
9-29
1
! '7
433mc
'10- 2
$$2 >10- 2
.
. $2
110- 1
25c
10-17
15c
9-30
30c
9-15
:_7!--!-!—4—-—•-
7'7
$1.75 convertible Class A
Industrial and Miscellaneous Companies
9-30
Mission
9-15'
50c
(quar.
Godchaux Sugars, Class A
together; all the dividends announced the
10-14
Oil
Modine
.
Bag & Cotton Mills.____—_______—'
Stock
Oil
10c
preferred (quar.)
General Fireproofing Co., 7%
&
31%c
Corp. (irregular)-,
Steel Products 'Co., common
$2 non-cum. preferred (quar.)___^,____,i. 7''
71
9-15
•:
77
$6
$7
_________
7* Midland
9-11 7 \
2
•7 7
General American Investors
Gold
9-19
9-30
McLouth Steel Corp._.;_——<
9-11
$1.50
Mascot
-
9-19
9-16
10-25
50c
(N.
Power Co.,
9-16
37V2c
(quar.)
(quar.)
7 Marion-Reserve
2 / '
com.__
(Ky.),
tquar.)
Co.
2
10-
9-30
$2 conv. preferred (quar.)
Margay Oil Corp. (quar.)
Marlin-Rockwell Corp.
(quar.>______
Gilmore Oil Co.
In the
Co.
par
9-15
10-
50c
7,
9-30
$1.25
Telegraph (s-a)_____
$2.50
grouped in two separate tables.
preferred, $100
Common
,
are
par
9-30*
,
10c (
■ -
9
9-20
9-30
30c
;
-7;
>
Electric
&
;7 Marion Water Co., 714
!_—_
4V2t>
Dividends
Gas
Manufacturers Trust
9-30
$1.75
(quar.
10c
Tire & Rubber Co., com. (quar.)_
preferred (quar.)________________
614
2
10-
$5c
.
Brush Co.,
Fulton
tquar.)_—___
•
preferred, $25
514
2
10- 2
$1.50
common...—
Cc.
Cos.,
Co.
20c
Gannett Co., Inc.,
'
1
bonds—Oct
1
Trustees for the Church of the Ascension of Our Lord,
Westmount, 1st mtge. 4 V2S
Oct
1
Uiica Electric Light & Power Co. 1st mtge. 5s, due 1950
§
Warner Co., 1st mortgage 6s, dated 1929
Oct
2
—
Temple Univergity-Greatheart Society, Inc., 6 Vo
-time with
Fraser
Fuller
—
—
9-20
$1.75
Bank of New York (qtaar.)___„
Insulation
Franklin
Chain
Inc.
9-25
Ltd., Class A
7
9-20
Co.
__
10- 2
$1.75
Frankfort Kentucky Natural Gas Co. (quar.)
770
Steel
Loew's
•.
(quar.
Foote-Burt
Refining
50c
(Wm.), Sons Co.
B
Oil
9-20
.
75c
(quar.—
Fitzsimmons Stores,
Class
9- 2
9-
10- 2
('quar.)^w_Federal Compress & Warehouse
-Federal Light & Traction Co
Fidelity Fund
Fifth'Avenue
9-15
20c
Co.
9-25
9-11
2
9-16
Mansfield
$1.50 preferred B
&
I
6
10- 2
(quar.)__
Finance Corp., common
preferred A. (quar.U
(quar.)
8-31
(quar.)__^._—/ 30c
85c
pfd. (quar.)______
8-31
11-
class A———!'
25c
Co.'(irregular)——40c
Ro
Extra
$1.75
(quar.)___
(quar.)_____^
>10-
1742C
10- 2
Co
Johnson Corp..
(quar.) 1^:7,4
50c
9-15
10-2
(Fred)
Sons Ltd.
Locke
9-30
$1.50
&
Electric Steel Co.
9-15
—
Family
9- 5
Co.
2
Donahoe's, 6'4 preferred (quar.)—,
7 37!/2C
Dover &(Rockaway RR (s-a)_i_i._>___;
$3
Duff-Norton Manufacturing Co. (quar.)_
40c
Easy Washing Machine Corp.—
?.
714 preferred (quar.)^
7__
$17V2c
Co.
9-18
9-15
10- 2
Lion
'
9-15
Products
10- 2
Le
9-18
preferred
12-14
;. Leighton Industries Inc.,
9-18
47'
15c
m
5
10-
9-18
.
9-30
Evans
9-15
Lima Cord Sole &-Heel—_7
2
10- 2
Auto-Lite
9-15
40c
Latrobe
9-15
$1.50
30c
25c
Electric
9-15
10-2
5
9-
Lang (John A.)
■
>
Davega Stores Corp., 514 pfd. (quar.)—___
Davidson-Boutell Co., 6'4 pfd. (quar.)______
Decca Records, Inc. <quar)___
4^
Corp., Ltd.
Egry Register Co;, 5'/2l4
10- 2
45c
:
Formica
-
A?o gold bonds—Central Pacific stock coll. due 1949—Dec
Central
Pacific
Ry.
Through
Short Line
1st 4s
due 1954
—Oct
,
;i
;
30c7
Fund
10c
$1.25
9-20
$1.75 preferred (quar.)
Consumer^ Gas Co. (Toronto, Ont.) (quar.)
Continental Baking Co., 814 preferred (quar.)
Crown Cork & Seal Co., Inc._^w-__j________
crystal Tissue Co. 4quar.)__>^_-_--!_--_
Curtiss Candy Co—
_____
Stock
9-15
9-
15c
75c
—______—
Howard
10- 2
10- 2
9-18
(quar.)_
Fund
9-9
10-16
$1.25
2
$1.25
Balanced
30c
$1.50
(quar.)
pfd.
2
(quar.)
Eaton & Howard
preferred
Co., 5ro
9-5
(quar.)_
,
614
9-11
9-11
9-9
20c
v
—_—
Electric Power
Messer
common
.
10- 2
*62)20
New York. Inc.— v.
Ltd.,
(quar.)
9-11
:
10- 2
10-
75c
Corp.
Lamson Machine Co.
10- 2
10-
10r
Investment Trust
Mass.)
9-12
1
$1
(quar.)
of
9-15
10-
50c
'
Co.
9-1
10- 2
(quar.)—7
/25c .10-16
Lipton (Thomas J.) & Sons Inc.—
77
614
preferred, (quar.):3712c
10-2
-
..
9-15
'. 7;,
•
9-15
,
Co.—
:
.
(quar.)37V20
Lamson & Sessions Co., common (irreg.)
20c
$2.50 preferred (quar.)__—1_,,—62)gc
9-15
9n30
2
10-
&
Kansas
9-15
•
9- 9
10- 2
Lambert
Y.)—r.>riT
1023
,
,
Co.—
Telephone, $6 preferred (quar.)__
$1.50
Investment Corp, of Philadelphia (quar.)
75c
*
Irving Air Chute Co. (quar.)
25c
v
Irving Trust Co. (N. Y.) (quar.^ 15c
Jersey Oentral Power & Light Co.—
.y,;-,
Ps 5Wo preferred!(quar.$1.37l/a
6%
preferred (quar.)—$1.50
714 preferred (quar.)
$1.75
.
'Interstate
^7i ';,77:77
(quar.)
(quarju^'f't
1023
Corp., 6% serial bonds——
Sioux City Service Co., 1st mortgage 6s, due 1951——Oct
1:
Silverwood Dairies, Ltd.—
1st mtge. 41/2% bonds, due 1945, 1946, 1947 and 1956-Sep 30
Pacific
7! 9-15
9-30
(quar.),,:
10- 2
10-2
9-13
9-30
7
Co.
>
>
,45c
9-15
9-30
5c
'
(quar.)__,_^_____
Consolidated Edison
Filene's
.Nov
1.
Sep 25
-Rubel Coal & Ice
Southern
5t0 •'
'
Oct
1st mtge. Joan ctfs. due 1952—„
(N.
Connecticut Gas & Coke Securities—
Fear
,
Oct
—
Nivelle Corp.
985
986
•
Sep 12
Sep 12
^t. Charles Street RR. 1st mtge. 4s, due 1952.;
1
10-
<
15c
(irregular 1
Savings Co. (Toronto,
—
Commonwealth Water
Endicott
-
Inc.—
bonds, ser. A, due 1952
bonds, ser. B, due 1955—
RR. 614
gold mtge. bonds
.*
v
9-14
_______
327
1
/
certificates—..—
9-30
$50c i
Ecuadorian
Corp.—
Class A stock voting trust
New
'
bonds, series A, due 1953.—
Products
$$1.75
$1.25
——
Consolidated
9-15
Shoe
Kansas-Nebraska Natural Gas, common—-:
$5 preferred (quar.)__,
/Kekaha Sugar
Kittanning Telephone Co.__—_____—
Kress <S. H.) & Co., 614 special pfd. (quar.)
9-14
______
Eaton &
Oct
1
614 and 7% pfd. stocks—Oct
1
Laclede-Christy Clay Products Co., 6% preferred stock—Oct
1
Market Street Ry., 1st mortgage s f. bonds..
...Oct
1
Mississippi Power & Light Co. 1st mtge. 5s, due 1957—Oct
6..
Mock, Judson, Voehringer Co., Inc., debentures.—
Sep 15:
National Container Corp. 15-year 5 Mi 14 debs., due 1952_Oct
1
Food
9-30
7 $S2
Bank
831
Indiana & Michigan Elec. Co.,
National
?:25c
Chicago Pneumatic Tool Co., commpn_____*,.
$2.50 conv. prior preferred (quar.)___^.
$3 conv. preferred iquar.)
Cincinnati & Subuiban Telephone Co. (quar.)
Citizens Water Co. (Washington, Pa.)—
71» preferred
(quar.)_____
Citizens Wholesale Supply, 6% pfd. (quar.)_
Clinton Water Works Co., 7% pfd. (quar.)_
Colonial Ice Co., $7 preferred (quar.)
$6 preferred class B (quar.)
Commercial Alcohols Ltd., common
;:_7
8'e
preferred (quar.)____
i
Commonwealth & Southern Corp.—
$6 preferred (accurn.)
Commonwealth Water Co., 5V2/,0 pfd. (quar.)
$3
9-22
'
9-11
$1.50
Chapman Valve Manufacturing Co.
•
9-30
$1.75
Extra
11-15
50c
Central Hanover Bank & Trust Co.
$1863
Co.—
ref. mtge.
1
2
9-12
10- 2
$1
$1.50
Joplm Water Works,
9-14 !:
tquar.)
1
—Feb
due 1946
6s,
12-
9-20
10-1
10-10
4
9-30
(quar.)
Central Canada Loan &
Chemical
'
11-15
10-
t30c
1
International
9-18
1
2
.
$25c
Brewing Corp.
Can.)
1
12-
$l5c
(quar.)_J___7_______
Common
10-
9-20
10-
25c
,.
.
11-
9-30
10-14
50c
;
1
$1.50
Jones
$40c
—
9-30
10-
(irregular)_,_____50c
preferred A (quar.),
Telegraph (quar.)
Ltd., 7rJ> pfd. (accum.)____
'
,
Steamship
10-10
Manufacturing Co.—
preferred
Sep 30
preferred stock.,
& Co., 714
Day Line,
Oct
——
8-31
preferred (quar.)
Diamond T Motor Car Co.
Oct
debenture bonds—
Consumers Power Co.
9-15
(quar.)'—
Consolidated Steel
—
2
9-15
$1.25
Special
mortgage 6s, due 1946
9-15
10-
75c
(quar.)
Co.
(Philip)
5 1p
825
.1st
10- 2
50c
participating preferred (quar.)
Canadian Westinghouse Co. Ltd. (quar.)
American
Dec
1:7
preferred stock——Sep 30
Bethlehem Steel Corp., 3Wo debentures, due
Canadian Canners, Ltd., conv. 4%
1st mtge.
25c
714
Cannon
7
9-15
—
(Boston,
American
9-30
40c
Extra
977
1
>
10- 2
1
'
9-15
35c
9-30
$1.75
•______
Int'l Power Co.,
9-20
Burlington Steel Co. Ltd. (quar.)
Canadian Celanese Ltd., common—_________
$5
,Date;..
Asphalt Roof Corp., 814
10- 2
2
International Ocean
5
•
' 10- 2
common
preferred
9-
> 9-15
75c
7__._
(quar.)——
9-14
5
9- 7
10-
11-
'
9-
10- 2
si.50
$1.50
9-14
9.-15*
^
8-.1
$1.50
convertible preference (quaf.)_______^
;
9-11
2
ot Reo.
convertible preference A (quar.)__,_,
International Minerals & Chemicals Corp.—
9-11
10- 2
Holdert
■
9- 8
614
9-11
l
10- 2
$i.121/2
(quar.)
Aluminum & Brass Corp._i_———
Allegheny .Ludlum'Steel Corp.; 7% preferred stock—1
■
W/o
T{
10-
When
Payable
(interim.2S.V5C
rets,
preferred
6'4
9-11
10-
2»4c
$6 preferred .(quar.)!
.___
V;:7->■'-.■7 7, ■•'•V
—i_—'
Bridgeport Gas Light Co.—i—I.—
Brillo Manufacturing Co. Inc., cominon..__.
$2 preferred (quar.)—
Bristol Brass Corp. (quar.)—
"
>
xs.
>1
Sep 15
< 873
Light Co, 1st- mtge, 5s, ser, *A, due •
> . /
^—Nov -T--: v-:'
;*y
'77.-fiv::'
'
871
1
West
Wisconsin 'Fuel
2
deposit
(extra)„_,^
Intll Metal Industries, Class A (interim)
■
.
prior preference stock—Oct
714
835
10-
;
"
1st mtge. 4s, series A, due 1961———Oct
Keyes Fibre Co. 1st mtge. 4V2s, due 1956————Oct
.Iowa Electric Co.,
35c
(quar.)—_
,
Int'l Cellucottort Products Co.
:
9-23
Bishop Oil Co. ~ (quar.)
Quarterly
Oct
9-30
—
Centlivre
1
35c
7'4
Interlake
9-23
10-
932
debentures due 1954_Nov
5J/a 14
9-30
'
6'.o
mortgage 3y2s, due 1962—__
9-19
v
1
17c
Inc.^.——j„——_
York)
9-30
;
7 9-18
Creamery Co,,, common- (quar.)—
35c
preferred (quar.)_—„_L_——„
$1.06)4
RR. (quar.)—.,.—
:
50c
Birmingham Electric, $7 preferred (quar.)
$1.75
$6 preferred (quar.)__;.____—_—7___—$1.50
980
Famous Players Canadian Corp.,
37»/2C
9-
there
•
4,Indiana Geh. Service;Co., 614 pfd,. (quar.)
Indiana & Michigan Electric Co., 614 pfd.__
9-15
9-25
Creek
Carey
.
1st' mortgage 6s, series B, due 1955_________________Oct
Duluth, Missabe & Iron Range Ry.—
Federal Water & Gas Corp.,
(New
9-14
2
9-14
$4.25
531
•
1st
"B"
Beatrice
977
I, G. Chemical Corp., 5l/214 debs., due 1949._Nov
Atlantic Coastf Line RR. 414 bonds due 1952 (Louisville
10-
Per
Name otCompanp
-w*
-.7
Americah
)-9-14
40- 2
I5c
J
2
4-7....;'.,
Imperial Tobacco of Great Britain & Ireland
"
"
Burlington
American
10-
$1.50
-
(quar.)_
i±——
Axe-Houghton Fund
Bankers Trust Co.
pfd.
——
Date
collateral)———
6'.i>
British Columbia Power Corp. Ltd.—
Class A (quar.)
Company and Issue—
Nashville
& Sons Co.,
Axe-Houghton Fund
BOhn
Algorna Central Terminals, Ltd.—
"
Debenture stock and bonds, due 1959----———Nov 30
&
F.)
iB.
Bobbs Merrill.
Washington Boulevard Bldgs,,. Inc.; 1st mtge. bonds due
1
Avery
985
•
9-16
'*■■■■•
ot Reo.
1 9-30
60c
.
Holder•
.
Pavahle
$i.50 "
iquar.)—37V2C
Ashland Oil & Refining Co. (quar.)—u
10c
Extras—
;
When
■
,
^ $hare
7
(quar.)^——ul-:
Wringer Co. Inc
983
Sep 30
Per
.
Anchor Duck Mills
Beech
77:.">
-
preferred
American
Below will be found
,
Name of Comvantt
American Crystal Sugar Co., 6%'pfd. (quar.)
American Snuff Co., common_7_—
,
ll-1
10- 2
9-11
9-11
10-10
(quar.)__,__.—_____—$$1.75
(quar.)—____—_—25c
25c
-
9-rlO
9-11
9-11
Per
preferred
4%%
!
$1.12%
Southwestern
•
Associated
(quat.)
preferred
$6
10- 1
Square D Co., common
"■*<
i'/c convertible preferred
:
,
;
,
State
50c
United
9-25
9-1
Guarantee Co.
U. S.
Plywood Corp., common
~
American States
9-22
-
Manufacturing Co.,
preferred
convertible
Western
50c
9-5
9-30
9-15
10-19
10-
11-
$6
1
2
$12.70
11-
2%c
10-15
10-15
1c
9-15
10-
10-16
$1
9-30
<
Inc.——
10-
5 7o
preferred
9-15
and
Automatic
When
Payable
of Ree.
10- 1
9-23
> 110c 1
Properties Inc., 4% pfd. class 'A (s-a)
■Abbott Laboratories, common (quar.),,
A P W
40c
4%
(quar.)
preferred
Acme
Steel
(quar.)
2
9-12
9-15
$1
10-
2
30c
10-
2
8-26
9-
.$1.25
9-30
2
9-15
9-30
9-20
9-
2
(Hartford,
Conn.)
10-
2
9-
2
9-
9-
9-30
35c
—
Allegheny & Western Ry„ Co., gtd. (s-a)
(quar.)
$3
Allied Products Corp.
„
Class A
Allied
y/o
Corp.,
Alpha
Mfg.
Portland
Aluminum Co.
Goods
Mfg.,
9-11
9-29
9-15
2
9-
9-30
8*
1
25c
v
"
common
9-25
9-
50c
common
preferred (quar.)
Aluminum Co. of Canada, y/o pfd. (quar.)
Aluminum
9-11
1
10-
25c
;
America,
8
10-20
$1.25
9-11
8-19
10-
$1.50
'9-11
2
10-
$1- 1
$$1.25
S 20c
10-
4
9-15*
2
'
Aluminum
Industries
(quar.)
Amalgamated Leather 6%
y/o
conv.
Extra
American Air
Lines,
$4.25
American Asphalt Roof
Common (quar.) ,
preferred
6%
IquarJ
Note,
preferred
preferred
Co., common
Co.
I
10-15
10-
4
9-30
10-15
9-
1
10-
2
9-
7*
10-
2
9-
7*
10-
2
9-14*
9-15
(quar.)
(quar.)
General
(quar.)
5
9-15
9-
1
$1.25
9-15
9-
1
9-30
9-30
9-15
f
(quar.),
9-
1
2
9-
9:
Bloeh
Bond
Brothers
Stores,
4%%
Booth
Borg-Warner
Boston
Inc.,
E.),
&
Bower
1.
1st pfd.
Brach
(E. J.)
(quar.)
(accum.),
(quar.)
8-26
Central
Vermont
Century
Ribbon
7
9-
10-
2
9-11
10-
2
9-11
9-30
2
9-15
9-15
8-31
9-15
9-
10-
10-
2
5
9-15
preferred
;
2
9-15
2
9-15
2
9-15
Chicago Mail
9-15
8-31
Chicago Mill
&
9-15
9-
1
10-
2
9-
5
10-
2
8-31
25c
$1.75
$1.75
30c
9-
8
10-
2
10- 2
Co.
Ordinary stock
Clark
Equipment Co.,
10-10
9-30
9-25
50c
$1.12%
75c
9-15
9-
Porcupine
Ltd.
9-9
Coast
9-15
1
Ltd.—
9-30
(quar.)
Brown-Forman Distillers Corp., $5 pfd. (quar.)
Brown Fence & Wire, $2 pfd. A (irregular),
Brown & Sharpe Mfg. Co.
(quar.)
(interim)
$1
Baking
9-15
8-3i;
9-15
9-
Participating
5
Columbia
„
7/o
preferred
8-29
Columbian
Corp.,.
Carbon
Commercial
Co.
Credit
(quar.)
Co.,
(quar.)
9-15
8-30
9-11
9-11
10-31
9-30
10-
2
9-15
10-
2
9-15
$1.25
$1
$1.50
$10c
10-
2
9-21
Community Public Service
2- 28-45
2-14
Compo Shoe Machinery, common
9-11
8-30
9-15
8-15
(quar.)— -.P,
Confederation Life Assurance (Toronto)—
9-15
9-
1
common
preferred (quar.)
Investment Trust Corp. (quar.)
Commercial Shearing & Stamping Co.,,
Commonwealth Edison Co. (quar.)—,
Commonwealth Investment
:
Commonwealth Life Insurance Co.
(Louisville, Ky.)
(quar.),I
:
Commonwealth Loan C6., y/o pfd, (quar.)—
Burd
Burgess Battery Co
8-18
Bush Terminal
30c
9-15
9-
9
Bush
10-14
10-
5
Butler Water, 7% preferred (quar.)
Calgary & Edmonton Corp. Ltd. (interim)
Ring
conv.
8-18
Congoleum-Nairn,rInc. (quar.),.
Connecticut
10-
2
9-15
15c
75c
$1.50
$1.75
$5c
Mills
prior
50c
preferred
California Ink Co. Inc.
2
9-20
California
$1.50
10-
2
9-20
Ca'4'"-"^-Western States Life
$1.50
10- 2
Special
(quar.)—,
(quar.),:
10-
Pacific
—
9-15
•
Utilities
5%
pfd.
(quar.)
Insurance,,,
$1.31
50c
25c
' '
1
9-30
9-20
9-29
9jl4
8*
10-
9
9-
2
10-14
0-20
9i
9-20
'9-
5
5^
9-15
8-28
10- 2
9^20
9-14
8-21
10-
2
9*15
$1V*
12-
1
11-15
1
J9-15
9
0-14
8*314
10- 2
9-25
11- 1
ld-20-1
9-14
9»
9-15
8*28
9-15
8-28
i
1
.
9-12
9-12
9-30
9'-
9-30
1
9—15
•
9-15
9-25
.9-15
9-25
'9-15
*
10-
2
,9r22^
9-15
.
9-
4
Consolidated
9-20
9-
9
2
:9-16
12-1
11-2
9--
9-30
5
10-
2
:9-15
10- 2
,9-15
2
9jt15
10-
9-22
9-
5
;s-i4
8-31
,'8-25,
9- l'
9-15
+
9-15
9f !
fSl-50
9-30
'9-251
12-31
?fc
>
55c
J20c
10c
50c
40c
9-15
10- 7
2
.''9-15
$1.1834
2
1
10-
9-15
—
10-
9C-15
,,
11-
9-30
15c
•"
—
Consolidated Edison
2
9-28
9-15
of New York Inc.—
(quar.),,
9-15
9-30
10-
40c
(quar.)
2
9r 5,
9r 5
62%c
(quar.)—'
10-
8-11
9-30
:
1
9- 9
$1.25
———
Consolidated Cigar Corp., common
9-15
preferred
9-16
10-
\Tk
Power—
Consolidated Bakeries of Canada
$4.75
2
15c
rnrir*gi)r
Light &
Biscuit
8r25
10-
75c
$5.60
t25c
v.t.c. (quar.)
;
2
12%c
(increased)
Bldgs., 7% pfd. (accum.)
Terminal Co., y/o preferred (quar.)
California Cotton
9-20
Quarterly
Quarterly
$1.75
8-31
Piston
1
9-15
9-18
1
9-
9*15
Service Co. (quar.)
10-
t5c
9-
9-25
60c
10c
35c
5c
$2.50 conv, preferred
10-
(interim)
9-
8-25
$1.06%
4(4,%
20c
15c
Mines
9-14
2
9-25
*.75c
50c
$1
50c
——
$1.25
(quar.)
Buffalo Ankerite Gold
1
10-
$1.06%
"
Pictures
9-
2
8-24
9-11
25c
9-20
25c
9,- r
9-14
10-
75c
6
J75c
15c
J4c
15c
12-20+,
12-30
9-15
;
2
.
T
9-20
9-30
9-30
common
(quar.)
preferred
part,
■/»;
(s-a)—
Co.,
10-
common,.
8-18
9-20
9* 9
75c
50c
;
10-
common
12 %c
;
8.-30
9-20
'
Brunswick-Balke-Collender Co.,
$5 preferred (quar.)
;
9-11
5
8*31
9-15
$1.75
Corp.
$1.25
(irregular)„
(quar.)
9-11
9-
(quar.)
International
f$1.50
9-15
9-15
9-20
Commercial
Ltd. (interim)
Mines
$3
$3.50
25c
8-31
31'/4C
lOd
2%%
194)
9-
9-20
$1.25
preferred (quar.)
1st
Columbia
1
.;;;
7
0r30
Counties Gas & Elec.—
Coca-Cola
8-31
9-
9-1 r
J3c
$1
—_
Cockshutt Plow Co.
2
2
$1.75
Colgate-Palmolive-Peet Co., $4.25 pfd. (quar.)
9-15
10-
—
(quar.)
preferred
Coca-Cola Company
1
9-14
10-
9-11.
(interim)—
9-14
f$1.50
9-11
2
$1.25
30c
9-11
?25c
$1.50
6
7'/o
9-
9-11-4J
2
10-
20c
IClorox Chemical Co. (quar.)
Cluett Peabody & Co., common
8
9-15
8fl9
50c
8-25
75c
8-19
9-15
15c
—
9-
9-30
9-15
,
10-
Extra
.
9
9-30
1
9r20
2
75c
9-10
25c
$1.37%
9r
9-16
10-
50c
10- 2
(quar.)
common
12-
9-
2
10-
2
—
40c
5.0c
(quar.)—,,
Mills
9-12
9-
9-14
9-;i4"
10-
—.—
common
'
9-20
8
9-T2
,
1
8-31
9-
9-
9-13
10-1
35c
y/o
y/o
Broadway Market Corp
Silk
2
..
preferred (quar.)
Cleveland Graphite Bronze Co.—
p;Common (interim)
'-y/o preferred (quar.)—
Climax Molybdenum (quar.)—
9-15
10-
(quar.)
British Columbia Packers,
Brown Durrell Co.,
1
$$1.50
(Coupon No.
preferred
\
9-11
9-15
2
9-!22
$1.25 '
(quar.)
Controller
Clark
5l/o preferred (bearer) (s-a)
British Columbia Electric Power—
preferred
'
(quar.)
City Investing Co., 7'/o preferred (quar.)—
City National Bank & Trust Co. (Chicago)—
Quarterly
—
—__—
1
9-30
9-21,
2
Ry.—
1
10-
1
10-
City Auto Stamping
9-
37%c
British-American Tobacco Co.,
$1.75
8-17
Street
Cincinnati
9-
10-
;
preferred (quar.)
9-22
$2
Bridgeport Brass Co., common..;
5 % Vo conv. preferred (quar.)
Briggs & Stratton Corp.—
Bright (T. G.) & Co., 6% preferred (quar.),
Bucyrus-Erie Co.,
1
5%
9-22
40c
9*15
10-
Cincinnati New Orleans & Texas Pacific Ry.—
v
1
$1.25
50c
10- 2
20c
25c
$1
$1.75
$22
$1.75
75c
—
9-
2
9J11
9-20
50c
$1
,
Electric Co.—
8-31
•Buckeye Pipe Line
9-
Corp.
preferred class A
9-15
2
9-20
2
30c
common.
9-11
10-
2
9-30
12-25
9-15
9- 1
10- 2
9-
10- 2
9-11
9-23
-.9- 1
9-30
9-16
10-
5
2
9-167
9-15
8-111
Consolidated Film Industries Inc.-—
9-15
9-
10-16
9-
9
9-15
9-
5
10-
2
1,
9-15*
9-20
9-
9-
1
50c
9-11
8-25
50c
9-11
8-25
$2
preferred
Co.
25c
(Bait.),
Gas
Electric
&
Consolidated Retail Stores,
y/o
preferred (quar.)
Inc
1
10-
2
9-15
10-
2
9-15
10-
2
9-15
10- 2
9-15
.
9-H
Power
common
Consolidated Press, class A common
10-
90c
(accum.)
Light
(quar.)
4 % % preferred B (quar.)
4(/o preferred C (quar.)
Consolidated
$1.12%
* $1....
$15c
.
8
9-15
J
+4
"f
(quar.).
preferred
Cincinnati Gas &
9-20
10-
10-
10-
62%c
15c
Christiana
5
9-15
,
8-31
9-
9-29
10-14
Lumber
Securities,
1
.9*
10-31
25c
9-23
8-31
10-
$1.50
75c
$1
25c
35c
10- 2
9-15
——
(s-a)
10-16
9-15
1
27c
■
—
Chicago Rivet & Machine (irregular)
Chickasha Cotton Oil (quar.)
Chicago Towel Co., common (quar.),
$7 preferred (quar.)
10c
10-
-
9-15
^
Order
5/0
8-21
10c
37%c
37-%c
15c
(quar.)—
Vi._
10-
62 %c
-
(quar.)—
9
11-25
;
Chrysler
2
$1.50
$1.50
62%c
.
(resumed)—
common
10-
9
1
10-
75c
$1.50 pfd.
10-
9-15
1
9-
-
Shaft (irreg.)
Chicago Great Western Ry.—
y/o
preferred
(accumulated)
i.
9-
2
$1.75
Chicago Flexible
7"/o
2
10-
$1.30
preferred
Extra
9-21
-10-
40c
$1.12%
Champion Paper & Fibre Co. (quar.)
6%
preferred (quar.)
Chesapeake & Ohio Ry. (quar.)
Chesebrough Manufacturing (quar.)
9^5
9-15
9-14
(s-a)
Chamberlin Metal Weather Strip Co.,—
9-30
2
10-10
9-29
Public Service
Mills,
Chain Store Products,
$1.50
10-
2
(quar,—
8-31
2
9^15
8-15
v,
Wire Co.—
2
Light & Power—
Corporation
Brewing Corp. of America
y/o
preferred
9-15
10-
10-
9-15
Breeze
Broulan
prior lien
preferred
2
Co.—
(accum.),
(accum.)
prior lien preferred
$7
Central Steel &
1
9-
—
& Sons
9
25c
common,,
(quar.)
$6 2nd pfd.
9-
10-
2
(quar.),,,
Ltd.
Mines
9-.15
9-15,4,1
9-15
Central-Soya Co.. (irregular)
California Electric Power—
(quar.)
Felt
9-15
2
10- 2
$3
$3
Central & Southwest Utilities
$1.50
(quar.)
(quar.),
Bearing*
Brazilian Traction
y/o
Gold
Central Patricia
9-15
9-30
Ry.
9-
2
2
9-30
(quar.)
preferred
$3
Corp.
Roller
6%%
pfd.
y/o
Albany RR
Boston Elevator
9-
9-15
9-
8-31
$1.50
40c
(quar.)
preferred
conv.
(F.
2
10-
1
9-23
.10-
9-15
2
i H
preferred (accum.)
preferred (accum.)
7/v
15c
Tobacco,
2
'■
8-14
9-30
75c
30c,
common
10-
40c
5
9-11
10-
9-30
preferred (quar.),
y,'o preferred (quar.)—
$6 preferred
(quar.)
y/o dividend series (quar.)
8-21
10-
8-15
10- 2
10-.2
Central Maine Power,
1
—
10-
$1.18%
9-11
6'/o
$6
8-31
8^31,
4
$1.18%
$1.75
Illinois
40c
Blaw-Knox Co.
Bruck
w—
10-
9-13
1
9*
1
'
Insurance Co.
Texas)
Hair &
5
$1.12%'
American Gas & Electrie Co., com.
American
99-
1
9-15
11-
.9-15
common-.
30c
(Increased),
8-21
15c
$1.75
American Fork & Hoe Co., com.
preferred
9-21*
2
9-15
9-15
50c
Power, $6 pfd. (accum. j*
9-11
1
8-31-
:
of
1st preferred
Light 4%% pfd.
Central Illinois Public Service—
9-11
9-30
9-15
Extra.,,
15c
Ltd
preferred
10-
50c
15c
$7 preferred (accum.)
4%%
9-21*
9-15
8-31
(quar.),,.——
y/o preferred (quar.)
Black & Decker Mfg. (quar.)
12%C
preferred
American Export Lines Inc
Factors,
10- 3
15c
T/o
American St Foreign
$2.50
25c
class A (quar.)
9-30
(quar.)
Corp.
—
Corp., 1% pfd. (quar.)
T/o prior pfd. (quar.)
Gas Co., common (irreg.),,__
British-American Oil
9-30
$1.50
common
preference (quar.),
American Envelope,
6%
$1.06% 1
$1
:
&
American Cyanamid,
Class B
(quar.)
American
9-15
$1.25
(quar.)
& Cigar,
(quar.)
Body Co
American Colortype Co.
(Houston,
9-29
$1.75
Cable
preferred
American Coach
»
9-16
9-15
$1.75
(quar.)
(quar.)
American Cigarette
4%%
2
9-29
75c
preferred
American
10-
20c
common
7%
Co.,
American Chicle
5%
9-15
—
(quar.)—
American Chain &
y/o
2
$2
pfd
American Car & Foundry Co., com. (irreg.),
y/o
10-
25C
Bank
preferred
American Can
T/o
9-15
20c
Corp.,
Quarterly
6(/o
2
30c
(quar.)
American Automobile Insurance (St. Louis)
American
10-
80c V
Chemical
:
—
75c
5c
conv.
American Agricultural
•
8-22
75c
pfd. (accum.)
preferred (accum.)
Amalgamated Sugar Co. (quar.)
■:
9-15
15c
Central
9-30
9-15
«
share
One
Central
7%c
6%c
25c
J12%c
10c
40c
$1.37%
25c
$1.25
37(40
15c
Inc.,
>
pfd. ctfs. of benef. interest (irregular)
Cold Storage Co. (quar.)
4%
1
25c
$1.50
$1.25
$1.75
$1.50
Steel
Birmingham
9-15
1
10-
common,—
6%
'
10-
25c
Cement,
of
1
50c
common,,__
(quar.)—J,i_____
preferred
Allis-Chalmers
9-
43 %C
(quar.)
common
(quar.),,,—a
Stores
10-
1
Birmingham Water Works—
9-20
15c
8
9-
y/o
Brewing
Foods,
9-
9-15
9-15
,
9-15
70 shares held
each
for
9-
.
$2
50c
$1.75
(quar.)
T/o
2nd preferred (quar.)
Central Coal & Coke Corp.—
•
12-20
1-2-45
—
(quar.)
Corp
Loan,
B/G
8
1
$1.50
—
Allied Chemical & Dye Corp.
Allied Laboratories,
Inc.;
;
12-
$1.75
preferred
—.—
Corp,
Bethelehem
'
T/o
—
(quar.)
Industrial
8
9-2
9-15
preferred—
6%
(quar.)——,—,
Optical Co., common
Aviation
Berghoff
8
10-
40c
common
9-11
9-25
Corp. of America—
(stock dividend).
Common
;
pfd. (quar.)
$2.50 prior preferred series 1938 (quar.)—
Benton Harbor Malleable Iron (irregular)—
8
$3
(s-a)—
Baldwin
(irregular)—,.
Allegheny Ludlum Steel, common,
Radio
Bendix
0-20 •:'*
—
Corp.
Lomb
&
Beneficial
$1.75
(quar.)—
Alabama & Vicksburg Ry.
10- 2
$1
t$1.75
Common (quar.) —' t$l.
Bell Telephone Co. of Canada (quar.)
f$2
8-31
10-
9-15
10-
Packing (quar.)
Belding-Corticelli Ltd., T/o pfd.
5
10- 2
15c
9-15
2
25c
convertible preferred
Belmont
$1.50
2
10-
Beech-Nut
9-23
10-
Celanese
v
for each
Bayuk Cigars Inc. (quar.)
Beau Brummel Ties, Inc
8-26
9-20
75c
9-15
2
—
(quar.)
preferred
$5.50
5/o
1
50c
$$1.75
9-20
10-
25c
$1
25c
25c
y/o
Asphalt
Bausch
9-
2
9-30
10-
9-15
2
10-31
:
Telegraph (quar.)
Carpenter Steel Co. (interim),—
Case (J. I.) Co., 7% preferred (quar.)
9-
Alarm.—
Bastian-BJessing, common
2
Carolina Telephone &
$6
Basic Refractories
9-15
9-5
9-15
—
(quar.)
.-.Common
9-22
10-
2
10-
$1.50
(quar.)
9-30
held
Investing,
preferred
ir
9-•
2
10-
t$2
t37%c
(quar.)___
Boxes, class A (accum.)
9-22
25c
)
6%
9-20
,
10-
+$1.25
Capital Transit Co.
Carnation Co., 4%. 1st preferred (quar.)
50c
(resumed)
Barber-Ellis Co. of Canada (quar.),,
9-21
9-
9-15
6
Canfield Oil,
9-25
common
common
preferred
Barber
8-21
10-10
35c
—
&
10-
10-2
,
preferred
10-16
6%
j-.'
7
12 %c
Supply Mfg., Class A (quar.)
Aetna Ball Bearing Manufacturing Co.__,—
Aetna Casualty & Surety (Hartford, Conn.) —
*':
Quarterly
—
Aetna Life Insurance Co. (quar.)
Aetna Standard Engineering Co., common.:.
y/o preferred (quar.),
Agnew Surpass Shoe Stores, Ltd.—
T/o preferred (quar.)
Agricultural Insurance (Watertown, N.. V.)—
Quarterly
1__
Akron Brass Manufacturing <quar.)___
Alabama Power Co., $6 preferred (quar.)
$7
9-
37 %c
Aero
Alexander
9-30
25C
Addressograph-Multigraph Corp.
Aluminum Castings Corp
Advance
10-
Canadian Wirebound
h
9-30
(quar.)
com.
preferred ($20 par)
Bankers National
7
75c
.
9-
$1
Extra
9-30-
15c
*
10-14
$1.25
Co.,
Bangor Hydro Electric, T/o
Holders
Per
share
Name of Company
5
f25c
(quar.)—
preferred series A (quar.),
Bangor & Aroostook RR., 5% pfd. (accum.)
Companies
'
9
9-
h
9-20
'10-16
185c
preferred
(quar.)
Canadian Oil, Ltd., 8"/o preferred
9-11
9-25
9"
9-15
9-15
10-25
(quar.)—$$1.25V:':
v
t$1.75
B
9-15
,<
.
Industries, class A (quar.)
T/o
15c
Canada
of
Insurance
Baldwin Co.,
9-
2
9-30
75c
of
Fire
Automobile
Class
9-15
9-15
9-30
t25e>
;
1
9-
9-30
(quar.)
preferred^; (quar.)t$l;62%
Canadian
t20c
(quar.)
of
shares
10
..
Miscellaneou*
10-
$1.75
$1.50
Quarterly
Industrial
1
'
$4.75
(stock dividend)
One share
'
.
9T
9-13;
10-16
Co
Powder
Autocar Co.
paid. The list does not include divi¬
dends announced this week, these being given in the
weeks and not yet
preceding table.
5*
$1.50
—
Special
4r'o preferred (quar.)
Atlas Corporation common
Atlas Imperial Diesel Engine
announced in previoui
give the dividends
we
9-
25c
(quar.)—
Atlantic Refining Co.,
2
Atlas
Below
9-9
$2.25
(quar.)
Investment
Associates
9
9-ll
2
$1.50
$1.75
—
Works
Metal
Corp., Ltd.
Associated Breweries
9-15
0-
1
2
.
(111.)—
Asbestos
9-15
I.75C
$$1.75
—
Art
9-15
9-20
10-
10e
50c
15c
$1.25
25c
25c
$1.75
5c
£
8-31
10-
prior preferred
conv.
'
9-15
9-15
$1.75
—
2
10-
(accum.)
$1.50
Corp.——-—12%c
Armstrong Cork Co., 4'/o conv. pfd. (quar.),
$1
$6
1
■
9-16
Arnold Constable
9-15
10-
'
9-15
(quar.)—
preferred
Armour & Co.
2
11-15
25C
$1.50
—
preferred (special)—
—
Western Exploration
Co
—
Western Grocers, Ltd., common
(quar.)
T/o preferred (quar.)
Westgate Greenland Co. (monthly)Westmoreland Water Co., y/o pfd. (quar.)
Wichita Water Co., 7% pfd. (quar.),
Line,
9-15
12 %C
(quar.)
6'Jo
Wilson
9-15
9-11
'
8-25
9-30
(interim)
2
5
8-25
9-20
(quar.)
common
99-
9-20 f
■
,
8-15
Hocking Glass Corp. common
—
$5 preferred (quar.)
Andes
Copper
Mining
Apex Electrical Manufacturing Co., common
T/o prior preferred (quar.)
—_
Applied Arts Corp. (irregular),
—
Arkansas Power & Light Co., $7 pfd. (quar.)
9-20
9-25
Ltd.
Motor,
Common (increased quarterly).
J20c.
y/o 1st preference (quar.)
—
$25c
Participating ,■ ■-t5c '
60c non-cum. conv. preferred $quar.)
$15c
Participating
f8c
Canadian Car & Foundry Co. Ltd.—
,.;V,/../i,;
,T/o participating preference (quar.)
t52c
Canadian Cottons, Ltd., com. (initial quar.)J30c
Preferied (initial quarterly)--. t30c
Canadian Food Products, Ltd. (quar.U
$62%c
Canadian Foreign Investment-.Corp., Ltd
„
J50c
Canadian General Electrie, Ltd. (quar.)
t$2
5
9-15
(quar.),
Co
-
Ltd., 6%c/e pfd. (accum.)
Canadian Canners, Ltd.r—
,
8-31
9-30
Anchor
9
9-18
Stores—
Department
9
20c
common
Ampco Metal Inc.,,Anaconda Copper Mining
9-20
2
9-30
25c
(quar.)
Utilities Co., $6 pfd.
Texas
9-
9-30
10-
2
20c
first preferred
Wellington Fund, Inc
——
$1
9-
9-
9-20
10-14
& Telegraph (quar.)—
American Tobacco Co., 6% preferred iquar.)
9-18
40C
participating
Wentworth
9-30
—
Agricultural Co., Ltd---————
Sugar Co., Ltd
Weber Showcase & Fixture Co., Inc.—
Walluku
West
9-
9-25
$$1.25
(quar.)
"Waialua
$2
9-20
2
10-
9-15
$3.50
American Telephone
V; 9-30
$1.62%
preferred (quar.)—
VLau, Ltd., h'lc preferred
Victor Chemical Works,
9-20
15c
-
37%c
9-15
$1.75
Class B
6Vz'/o
$ 9- 5 $
Co.
American
&
of Rec.
9-16
9-20
20c
•
25c
f$1.25
Canadian Breweries, Ctd.—
$3.40 conv. preferred (quar.)
9-30
50c
25c
10-10
75c
i
,
9-15
(quar.)
2
25C
10-14
12 %c
10-20
$1.18%
9
10-16
30c
American Stores
7
9-
8-30
8-25
(Indianapolis) —
Sugar Refining, T/o pfd.
American Sumatra Tobacco Corp.
10-
$1.12 %
Bakers, com.
9-
?
9-30
9-11
9-15
Quarterly.
9-16
2
10-
■;> 9-30
30c
(quar.)„_;—
quar.)
Universal-Cyclops Steel
Van de Kamp's Holland Dutch
40c
1
9-15*
9-15*
50c
—
Insurance
American Steel Foundries
'
preferred Class B (initial
preferred A (quar.)
U. S. Potash Co. (irregular)
4%(fo
4%%
86.50
American Stamping
9-12
9-
,
10c
9-12
75c
(quar.)—
(quar.)
U. S.
2
9-11
20c
$1.12%
Co. common
(quar.)
'8- 4
9-29
2
10-
30c
Rolling Mill
preferred
4V-i'/o
9-22
50c
10-
Common
9- 8
9-22
9-1
20c
Public Service Co., T/o pfd.
American
$1.50
2
(bi-monthly)
Co.
15c
-
(quar.)
(quar.)
Co.
1
9-15
10-
25c
Co. (quar.)
Goods, T/o preferred (quar.)
(accum.) '
American Radiator & Standard Sanitary—
American
10-10
Drill Co
Carbon
9-
9- 1
$1-75
American Paper
9-11
2
$1.50
News
6
9-5
10-
—
—
13j/5C
(interim)
common
American Optical
9-
Quarterly
8-28
9-15
50c
deposit receipts
preferred
$6
American
8-31
~——-
Union Metal Manufacturing Co., com.
Union Twist
8-28
$1.75
Products
American
American
9-15
10c
Tobacco Securities Trust—
W
-American
9-15
$1,75
—
preferred (quar.)
7Vc
9-30
2
10-
$2
Shovel Co., common
Thew
American
American
25c
Stove' Co—-—v
Tecumseh
9-20
9-30
Payable
share
—
(quar.),
Machine & Metals
Machinery & Foundry Co
Meter Co. (irregular),,
Nat'lBank & Trust Co. (Chicago)—
9-22
Canada Cycle
Holder£
.:
\ v
,
Foundry-,
Cannon
&
When
tlOc
% 15c
y/o first preference (quar.)
/*.
t$1.25
Canada FoundriesSc Forging, Class A (quar.) /. $37'/2C
Canada Malting Co., Ltd. bearer (quar.)
*50c
Canada Northern Power Ltd., com. (quar.),,
J15c
T/o
preferred (quar.),,,
J$1.75
Canada Packers Ltd. <quar.)
t$l
Canada Permanent Mortgage <quar.)
it2
Canada Steamship Lines
-T
J50c
Canada Wire & Cable class A (quar.),,
J$1
1
9-14*
2
25c
5c
50c
25c
.
Co.,
Wyant
Campbell
Canada Cement Co.
Canada Crushed Stone,
10-
20c
preferred
2
9»
./•
■
$1.50
—
9-30
9-12
-
2
J.)—
Laundry Machinery
8-31
25c
(accum.)
preferred
7Vo
Tappan
American Locomotive
9-30
,
$3.25
(Canada).(quar.)—-—
preferred (accum.)—
Tampa Gas, 8%
American
9-30
10-16
;
g 20c
Life Assurance
Sun
9-18
2
10-
75c
(actumj__
(irregular)^—.—•*
St. Investment Corp. (Boston, Mass.)
Products Engineering (quar.)
J Steel
Extra
9-15
10-
9-2
———
N,
Semi-annual
7'/o
S.) Co.
(L.
5
9-30
50c
$1.25
(quar,),—
9-
Name of Company
Calumet & Hecla Consolidated Copper (quar.)
,--1 9- 2
9-14
(monthly),,
(Newark,
Co.
2
% 10- 2
75c
preferred
y/o
Insurance
American
9-
10-
25c
75c
'j-*
■
Payable *of Ree.
25c
i
Products Corp.
American Ice Co.,
3
Holders
When
::.v; Per
share
--<
(quar.)
pfd.
conv.
10- 2
$1.75
part preferred
$3
Starrett
6%
9-15
10-
9-15
$1.50
(quar.)
•
American Hide £c Leather—,
American Home
—
Steamship Corp.—
Standard Fruit &
V'
2
10-13
10c
$7 pfd. (quar,)
Springlield Oas.& Elec. Co.,
American-Hawaiian
9-15
;
2
10-
81.50
———
Sparks-Wtthington Co., common
a
y/o convertible preferred .iquar.)———■
•
10-
10-16
$2
—
(special)
Telephone Co.-—
ctfs.
trust
• 7
—:
Steamship Co
Extra
(quar.)
stock
Ohio
&
9-11
9-23'
Hardware
American
—_
Southern Railway Co.—
Mobile
Name of Company
0/ Ree.
Payable
25e
Snap-On-Tools Corp.
South Pittsburgh Water Co.—
;
When.I Holders
...
there
Company
Namt of
1944rj
Monday, September 11,
FINANCIAL CHRONICLE
THE COMMERCIAL &
1114
—-
15c
10- 2
9-15
$2
10- 2
9-15
Volume
Number 4315
160
j
■
"■
THE COMMERCIAL & FINANCIAL CHRONICLE
v
Per
A**at-'
-Name 01 Company
6
-
Consolidation
Coal
$2.50
Shore
pfd.
(quar.)
V,
$5 preferred
<
.'Continental
{Reading, Pa.)
Co.
(quar.)—
Co.. (interim;
Continental Motors
Oil
; Continental
(Del.)
(quar.)__—
6%7c
preferred
9-
8
Federal
Mining & Smelting
Federal
Motor
Federal
Water, &
2
8-25*
9-
1
9-
1
9-
5
9-25
10-
25c
^Continental Telephone Co.-—
7% participating preferred (quar.)
,7
7% participating preferred (quar.)______
'■[% 6'/2 7o preferred (quar.)—!—;
Federal Insurance Co.
9-22
30c
'. Continental Steel Corp.
y
8
9-11
,
(initial)15c
Corp.
Co.
9-
2
9-15
10c
__
Federal Bake
10-
25c
Co.___
8-31
2,
Ferro
10-2
$1.75
Field
9-15
1-2-45
12-15
$1.75
**£"•$3 prior preferred
1-2-45
12-15
Class B
9-29
9-12
Fireman's
9-29
9-12
Copperweld Steel Co.,
;
*-
57c
9-10
_________
20c
common—
preferred
conv.
2
9-15
Class
$5.25 preferred A
Co.,
(quar.)
$1.31'A
First
7"
♦
Extra
Bank Stock
9-29
Flintkote
9-20
9-
1
9-15
9-
1
9-30
9-
9
10-2
Food
;
9-15
-V
——
9-25
9-14
25c
9-25
9-14
■
Crucible
57c conv. preferred (quar.)__
Culver A Port Clinton RR. (extra)
Cuneo
Steel
Co.
Curtiss-Wright, class
..'Cutler-Hammer, Inc.
& Frere
preferred
Decker
Cohn
&
Dejay
!
Delaware
&
Power
,
Dentist's
.
Oil
6.7r
pfd.
Luxe
9-25
9-11
9-15
9-
1
Garlock
9-10
9-
3
Garrett Corp.
Gatineau Power,
$1
preferred
9-20
57o
9-15
10-16
9-30
25c
9-15
75c
Steel
Devonian
12-1
9-30
Co.
$4
12-23
$19.50
11-15
25c
9-15
9-1
General Baking Co.,
9-12
9-
General
25c
preferred...
9-15
9-5
General Box
25c
9-15
8-31
General
(quar.)__
Stove
Products
Co
Oil' (quar.)
'
.
.Dewey & Almy Chemical, common
B (quar.)—.
Distillers Corp.-Seagrams, Ltd.,
f
com.
U
;Class A
8-31
General Cigar
8-31
General Instrument
2-9-45
9-11
8-31
8-31
General Outdoor
{55'/2c
t$1.25
(quar.)
—
9-15
11-
25c
10-31
62 %c
10- 2
25c
9-11
,
.
9-27
'
Dominion Foundries .&
Steel
9-
p.Dojninion Malting C?o. Ltd.—
New
(initial
common
.Dominion
Stores
Ltd.
5
preferred
Dominion Textile
Ltd.,
Chemical
Dow
xr[,
"
Co.,
'
62 Vic
10-2
Inspiration
Inter-Island
9-
(quar.)__
$1.25
11-
•
5c '
60c
11-
Inter-Ocean
(irregular)-
50c
9-15
9-
50c
9-15
9-
25c
9-15
9-
:
Refractories
25c
Alden
Gleaner
Glens
Y.)
(N.
1
9-
9-16
2
9-15
10- 2
9-15
9-11
Qcal Co.
Harvester
Co.,
(N.
Y.)
(quar.)—
—
(quar,)
Golden Cycle Corp. (quar.)
(B. F.)
Co., $5 preferred
$1.25
9-20
8-28
Gordon Oil, class B.—
Gorham Manufacturing
10-25
10-10
10-16
9-15
9-15
8-23
Grand
9-11
8-25
10-
2
9-15
Great
$1.12J/2
10-
2
9r15
Grand
10-
2
9-15
Great
9-11
8-25
9-15
9-
Valley
Increased
.
9-15
9-30
9-15
Great Lakes
$1.25
(quar.)
9-30
10-, 2
9-
5
Great Western
$1.50
10-
9-
5
(quar.)__
9-14
8-31
9-15
8-31
Greene
8-31
Greening
9-15
8-31.
9-11
9-
10-
-9-11
75c
10-
25c
25c
9-15
1
25c
1
8-29
,
9-20
2
9-
9-18
2
9-18
,,9-30
10-
$1.12y2
60c
2
9-18
10-
2
9-15
9-30
9-11
1
;»-15
10-2
9-11
:
9-
1
9-21
preferred-(s-a)i_—___——___
$3.50
10-
9-21
preferred, series A (quar.)___—___
'^Engineers Public Service, $5 pfd. (quar.)—_
56V4C
$1.25
10-
9-21
10-
2%
(quar.)
English Electric Co. of Canada Ltd.—r
Class A (quar.)
Inc..
-"
common
Co.
Falstaff
Famous
Fanny f
Fansteel
$5
Irewing Corp., 6%
armer
Canadian
preferred
Corp., Ltd
Candy Shops
(s-a)
Hanna
10-
4
Harbison-Walker
10-15
10-
4
10- 2
67o
common
preferred
_
——
(quar.)
(quar.)
Farmers & Traders Life Insurance
9-11
9-18
9-
Harshaw
3c
%2V/iC
7
9-16
Hartman Tobacco.
9-15
Harvill
9-11
9-30
9-30
12-15
$2.50
10- 1
9-16
9-15
8-18
9-30
9-15
9-
8
67c preferred
$4 prior pref,
Hawaiian
Cos., $1.50 pfd.
Commercial & Sugar
Electric
Co.,
Hazel-Atlas Glass Co.
Ltd.
(quar.)
5
$1.25
$1.25
25c
10-
1
10-
$1
$1.50
'•>' 20c
$2.95
9-
5
1
9-
5
9-11
9-
1
9-15
9-
1
9-15
9-
1
9-11
8-31
1
9-15
10-
15c
9-15
9-
5
15c
Vegetable Parchment Co. (quar.)
Quarterly
12-15
12-
5
Kansas
City Power & Light Co.—
% $6 preferred class B (quar.)___,_—L_.
Katz
$1.50
10-
2
9-14
10-
1
9-15
Kayser
preferred (quar.)—
(increased)
$1,12%
9-15
30c
9-15
9-
8-30
Kelley Island Lime & Transport Co. (quar.).
20c
37'Ac
9-30
9-22
9-15
9-30
8-30
9-11
9-
1
2
9-
1
10-
1-2-45
12-23
9-15
9-
1
9-28
9-
5
9-29
9-19
10- 2
9-
8
2
9-
8
10-
Drug
Co.,
$4.50
(Julius)
& Co.
Wheel
Kelsey-Hayes
class
Co.,
Canada,
Kimberly-Clarlc Corp.
8-31
Kobacker
9-
7
9-15
8-25
9-20
10-
2
9-13
9-
5
«0-i5
9-
6
(D.
Emil)
(I.
B.)
(quar.)___
common—
—
(quar.)
67c special preferred (quar.)
Kroger Grocery & Baking—
67o 1st preferred (quar.)
77c 2nd preferred (quar.)
Laclede-Christy Clay Products, 6 7c pfd—
(S. H.)
Lake Shore
& Co..
common
Ltd.
(quar.)_
(interim)
(Hamilton, Ont.)
Landed
9-25
9-15
10-16
9-29
1
9-15
9-
5
$2
3c
30c
10-
1
10-
2
9-15
10-
2
.9-18
9-15
9-15
$1.25
10- 2
9-
2
Banking & Loan
Machine,
common
77o
preferred
77c
preferred
(quar.)
Lanett Bleachery
Title
5
9-15*
(irreg.)
(Richmond, Va.)—
& Dye Works
Insurance
participating preferred
Leath & Company, common
$2.50
10-
2
$1.50
$2.50
$1.50
$1.50
25c
30c
25c
$1.50
25c
40c
15c
10-
2
9-15
9-12
9-12
9-12
9-
1
9-15
9-
1
12-15
12-
1
10-
2
9-20
$1.50
$1.75
9-12
9-
1
9-10
9-
1
10-
2
9-18
9-12
9-
9-14
8-24
9-14
8-24
1
2
9-15
:n-1
10-13
10-
2
preferred
(quar.)
$1.50
10-
9-15
8-15
10-
2
8-31
10-
2
9-15
25c
$1.75
$1.75
{17V2c
25c
$1
11-15
11- 4
9-14
8-25
$3
10c
(quar.)
Lang (John A) & Sons Ltd. (quar.)
Lane-Wells Co. (quar.)
Lawyers
2
{20c
t7c
(quar.).;
67c
9-
8-31
8-31
10-
12-30
12-20
2
9-15
62VaC
10- 2
9-15
—
Quarterly
Landis
8-31
9-15
{$1
M'nes,
Lamaque Gold Mines Ltd.
9-15
9-
9-15
9-15
.
(irregular)
Rubber
Stores,
9-15
9-15
1
8-25
12 %c
Koppers Co. 6% preferred (quar.)^_
Kresge (S. S.) Co. (quar.)—z.
Kress
9-
9-11
30c
37V2c
—
(quar.)
common
preferred (quar.)
Kinney Manufacturing Co., com. (irregular)
$6 non-cum. preferred (quar.)
$6 non-cum. preferred (quar.)
9-13
9-15
1
9-30
$1
Extra
9-30
8-31
9-
series B-4
67c
9-15
2
9-18
9-15
—
Keystone Steel & Wire
Klein
9-20
2
$1
25c
25c
25c
S
Kleinert
10-
1
9-18
9-30
(interim)__
Copper
1—.
9-20
9-15
Ltd.
County Land
8-31
2
$1
of
Co.
Special
Series
10-
9-25
37 %c
Kennecott
2
10-
A
Class B
Kelvinator
9-15
10-
50c
..
9-
10-13
2
50c
(irregular)
1
1
-
9-30
10- 2
37%c
(quar.)_
(quar.)
9-
6
(quar.)——
10- 6
;
6
10-18
10-
Kalamazoo Allegan & Grand Rapids RR. (s-a)
9-25
(accum.)__
1
9-15
8-31
9-
11-
(quar.)_
Co.
11-
8-31
;
—
Joslyn Manufacturing & Supply Co.—
Common (irregular)
1
Feiss
&
9-25
25c
6% preferred
Haverhill Gas Light (quar.)
Haverty. Furniture
(Syracuse)
10-10
Joseph
9-20
9-10
—
A (quar.)—
B (quar.)
(irregular) __—
9-20
10-20
"
9-15
12-30
Co
Corp.,
Hawaiian
Quarterly
Chemical
1
$1.25
$1.25
preferred
9-22
8-21
$1.25
$1.25
$1.75
5r/e
9-30
10-
preferred
57c
2
15c
5%
9-30
5
57c
9-15
$1
00c
2nd preferred series (initial quar.)—
& Laughlin Steel,
common
—
9-11
10-
(quar.)
common
preferred (quar.)
preferred 2nd issue (quar.)
Harrisburg Gas, 7 7o preferred (quar.)
9-14
Jones
$1.50
(quar.)
Harnischfeger Corp.,
9-
3
Tea
47c
1
9-15
35c
8-29
2
9-13
8-31
10-
$1.50
8-31
9-15
10-
9-20
9-
Refractories—
9-15
37%c
(quar.)_
Metallurgical Corp., $5 pfd.
preferred
Paper,
11-16
10-
Telephone, 6To 1st pfd. (quar.)_
Sulphur, 7% pfd. (s-a)—___
(initial)—
Lake
8-31
9-30
Co., common (quar.)_
25c
4Vi 7c preferred (quar.$1.06'A
Johnson & Johnson, common (initial s-a)—i'
10c
Jewel
9-15
9-30
20c
preferred (quar.)
(M. A.) Co—
50c
$1.25
8-31
•
9-11
12'/2c
9-15
10-16
25c
20c
,
10c
25c
$1.12%
35c
(quar.)___
65c
s
Players
Kammermill
10-15
$2.50
1
9- 5
Lamp__,
Printing Co.
12%c
,•; E.vCell-O Corporation
Exolon
M.)
F.)
Haloid
30c
(s-a)_
9
$1.75
475c
Company
(quar.)
Hamilton Watch Co., common..
9-19
9-
Keystone Custodian Funds,
25c
!
.European & North American Railway
*s,.Ewa Plantation Co.{__
2
Jamestown
(quar.)
common
(quar.)
9-25
5'/<>
(quar.)
___——
(quar.)
10-
Supply,
preferred
$5
9-14
(C.
1
2
10-
(W.
12-
1
9-
V/ater
10-
Hall
$1.25
30c•
9-
Jamaica
Kern
4Vzfo
(quar.
2
9-20
Hali
8-31
2
9-20
9-14
9-15
2
xlO-
(quar.)-—
10-
9-14
8-31
xlO-
D
10-
9-14
8-31
2
xlO-
9- 5
.
2
preference
2
——
8-31
10-
57c
2
common
8-31
17c
(quar.)__
9-12
24c
Co.,
11-10
$1.75
participating preferred (quar.)
31V4C
Participating
4 9/10c
Griesedieck Western Brewing Co. (irregular) .0
75c
Griggs Cooper & Co., 77c preferred (quar.)„
$1.75
17a preferred (quar.)
$1.75
Grinnell Corporation •
25c
Group No, 1 Qil Corp.—.
$50
Guilford Realty; 6 7g preferred (accum.)
$1.50
Gulf Oil Corp. (quar.)
25c
f,1 Special
5*5c
Gulf Power, $6 preferred (quar
$1.50
Gulf States Utilities Co., $6 preferred (quar.)
$1.50
$5.50 preferred (quar.)—
$1.37%
Hackensack Water, .Vic pfd. A (quar.)—_—
433Ac
Gas
com.
37V2C
1
l3/*'/o
lV*7o
1%%
1
1
9-15
9-11
(quar.)„—
10-
$li/»
9-25
9-
9-15
12-
(quar.)
C
9-20
Greenwich
10-16
(quar.)
10-
{75c
50c
{15c
9-15
{75c
30c
375/2c
9-14
10-16
preference
77c
10-
10-
{25c
Ltd.,
8-15
(quar.)
10-
; >
Service
8-15
-_T—
$1.50
"4 $5.50 preferred (quar.)__—
dividend
Copper
Wire Co. Ltd.
$1.37%
r
preferred
(B.)
Public
Kalamazoo
(accum.)___
2
25c
preferred A
preference B
{25c
{25c
{$1.75
40c
Sugar,
Cananea
Jamaica
Joy Manufacturing
Ltd., $7 pref. (quar.)
9-20
10-
$1.75
f-;
77o
9-13
10c n;.
preferred
V/o
<9-15
62V2C.
25c
Power Co.,
2
57c
2Vic <w10-10
partic. preference
B
9-15
10-
9-12
9-11
9-15
2Vic
10c
common (quar.)
(quar.)_i__—
_______
Great West Saddlery, 6%, 1st pfd. (quar.)—
67o 2nd preferred (quar.)
■
20c
,
.75c
—_
8-31
2
class
62V2-c
50c
1931
10-
2
$2
9-15
10-15
10-
75c
(accum.)—
9-16
10-15
9-11
Works—
partic. preference
9-15*
{20c
2
9-20
Paper Co., Ltd.—
A
I2V2C
75c
40c
Stock
Lakes
class
12J/aC
;Eqipire Power. $2.25 partic. stock (accum.)
Emporium Cap well Co., common (increased)
5rc
$2
%
—_—
9-15
25c
8-31
2
(quar.)
convertible
9-15
(quar.)
9-20
9-30
25c
—_
Foundation, Ltd.—
preferred (quar.)
Iron Fireman Mfg.
(quar.);
Irving (John) Shoe Corp., 67« pfd. (accum.)
Jaeger Machine Co
67c
9-
Valley Brewing
Lakes Engineering
10-16
8
Investment
9-15
—
8-30
10-
_
Jessop Steel Co., class A
Industries
American
Great
1
Brewing Co
Indemnity (N. Y.)
9-27
9-11
Co.—
Stores—
Jefferson
Great American
9-
9-20
50c
pfd. (quai\>___
Hosiery Mills Inc.
9-15
.
9-25
?
10- 1
25c
8-31
1
50c
_
(quar.)
77c
Co.,
9-15
(quar.)
10-
xlO-
10-
50c
9-12
9-30
2
37V26
Interstate
8-31
2
3
10-
Quarterly
8*
5
10-
{37V2c
(quar.)
com.
Products
Department
9-20
50c
$1.25
20c.
________________
Ltd.
Cellucotton
8-31
Co
Co.
participating preferred
Interstate
9-
65c
{40c
pfd. (s-a)
Vk
Powders,
5
9-14
30c
—
Securities Corp.,
% International Silver
10-
25c
__
Canada
of
9-30
Co.
20c
10-
Eversharp,
Fisheries
Grand Union
Co.
50c
Goodyear Tire Sf Rubber, common______
$5 preferred (quar.)
;
9-14
9-
k
10-
25c
lirregular)
Co
9-10
,
Gorton-Pew
9-15
Salt
International
9-11
'9-
Nickle
25c
$1.25
—_—
(quar.)_
Common
$1.50
Gas <quar.)
A
2
International
67c
9-11
9-27
40c
30c
56V4C
15c
25c
62Vic
common
2
10-
50c
preferred
2
10?
25c
Co.
Insurance
Falls
8-19
Copper
Navigation
International Bronze
''
25c
25c
40c
(quar.)
Goodrich
8-18
30c
—,
______
—
2
9-25
(quar.)___
$5
10-
$1.50
______
Corp.
9-19
_
11-
Glen
10- 2
9-25
10-
Consolidated
11-15
common
Corp., common
1
9-11
International Cigar Machinery, Co.
(quar.)
International Harvester Co.
common tquar.)
11-15
preferred
8-15
20c
30c
9-16
Steam
8-15
9-30
Corp.—
8-14
8*
9-30
10-15
preferred
1
4%% conv. preferred (quar.)
Globe Knitting' VVorks,,
Globe Steel Tubes (quar.)
Golriblatt Bros. Inc., $2Vi preferred
9-
1st
2
2
2
Brownhoist
conv.
9-15
10-
10-
60c
1
9-15
2
30c
$1.31 Va
$1.25
10-
10-16
10-16
Industrial
10-
75c
{$1.25
10-
Glidden
$1
(accuin.)
Watch—
Erie Railroad Co.—
9
$1.50
50c
'Emerson Drug Co., &'e. preferred
•"
5
9-
9-19
*
Acceptance Corp.—
preferred (quar.)
9-15
9-
3%
conv.
2
9-30
{10c
25c
preferred (quar.)_
75c
(quar.)
Cov common..———
$6 preferred
9-
9-20
5 7c
10-
9-15
(interim)..
Industrial
12-20
10c
(s-a)
(quar.)
5
9-20
12-30
-
$1.50
•
—_
Indianapolis Power & Light Co., common—
5V47o
preferred (quar.)
1
25c
(quar.)
2
10-
shares
preference
9-
9-30
75c
(irregular)—
9-16
9-15
Inc
(irregular)—
common
$1.25
Corp.
Co.
Association
9-6
9-
>
:___
(quar.)
common
9-
$1.50
pfd.
tdVi'/o conv. preferred (quar.)
El Paso Electric (T.exas), $4.50 pfd. (quar.)
.(■/< I'/c
2
9-15
•
10-
+$1
•
Imperial Paper & Colour Corp. (irregular)Imperial Tobacco Co. of Canada—
International
15c
(quar.)—1
Natural
2
10-
25c
9-15
common
—
Paso
10-
$2
133/4C
Breweries
Indianapolis Water, class A
5% preferred A (quar.)
IVic
% 9-5
,-I
'Electric Controller & Manufacturing Co.——
El
Illinois Bell Telephone
1
2
_____
".'Elastic Stop Nut Corp, common..
;r ■£$$>.
preferred (quar.)
'.^Electric Boat Co.__I—C
\
I
Hydraulic Press Mfg.,
9-
9-15
Eddy Paper Corp—
.National
Hyde Park
1
2
Machine
$1.75
1
10-2
preferred
(quar,)
(quar.)^
common
9-
75c
(quar.)__
9-21
25c
$1.75
Door,
9-1
(quar.)
(quar.)
9-15
9-14
9-
67c
9-19
.
(quar.)
&
Ordinary
9-30
1
1
1
.
$1.50
9-30
1
9-
-20c
9-19
683.4C
10-
9-12
9-11
,8-12
(irreg.)
com.
Erie
10-
25c
10-16
75c
^'.Edison Brothers Stores, common (quar.;
p'i'e,. convertible ,preferred (quar.)_
i^_.
'Elliott
preferred
:
37%c
i?(Economic. Eave&tment fTrust-Ltd. <s-a)—{6?J/2C
;
7%
8
8-31
{$1.75
(quar.)
Washing Machine, class A
1, Elgin
9-
5
____:
preferred series
9-20
2
;ciass B———-——:
conv;
preferred
8-31
75c
common
17o
9-
(accum.)
preferred
9-16
10-
______
Eastman Kodak Co..
Huttig Sash
9-30
&
9
Girdler Corp.
Eastern Massachusetts Street Ry. Co.—
Easv
9-14*
1
Eaitern MaJleable: Iron.——
'.
9-30
9-15
(quar.)
preferred- (quar. )z
Eastern Gas & Fuel Assn. 41/2t«
preferred
8-31
8-31
9-20
'
10-
'
1st
9-15
Mortgage Corp. (quar.)„,,
Hussman-Ligonier, 5%% preferred (quar.)_
11-
Durez Plastics & Chemicals, new com. (initial)
1
Huron
$1.25
Duquesne Light Co., 5e,'e 1st preferred (quar.)
"
Humphryes Manufacturing Co.,
67c preferred (quar.)
5
9-15
—
preferred
5
.
1
9-11
40c
-
9-
9-15
9-
9-30
(quar.)
9-
9-30
9-11
10-16
37 Vic
Inc.
9-15
,
9-25
5
40c
9-15
-9-15
1
.(Harvey)
9-20
9-20
$2.50
Humble Oil & Refining
9-15
*
S'e
Hubbell
2
2
2
10-
25c
,■
1
9-30
62Vic
(irregular)
2
10-
50c
preferred (s-a)
9-
2
8-24
Inc.
9-
2
1% preferred <quar.)_
$1.75
v—^
'—75c
s
Dun & Bra,dstxeet, Inc., common (quar.)
37V2C
"i-.S6 preferred. (quar.)
$1.50
dp,Pont (E. I.lrde Nemours. & Co.—
i;;r :;Com)non (interim)
$1.25
TV $4.50 preferred (quar.)—
$1.12Va
r
9-
Co.
Co., 5%
9-15
10-
11-
Statler
9-15
10-
Duke Power Co.,
'"I'Common
4Eagle Picher Lead,
9-15
50c
1
$1.06'A
:
Howe Scale
$1.25
$1.50
{$1.37%
{$1.25
B
Hotels
2
(quar.)„
9-20
Class
2
Georgia Power, $5 preferred (quar.)
6 7o
preferred (quar.)
Gillette Safety Razor, $5 preferred (quar.)_„
11-
Electrochemical, $4.25 pfd. (quar.)__
Bearing-Houdaille-Hershey class A (quar.)______^__
9-30
9-28
3
t
10-20
10-16
common
Co.—
Hoover Ball &
8-31
2
{$1.75
(quar.)___
Driver-Harris
1
Hooker
9-15
10-
{$1.25
^Drewry,s,,Wd.^:U..'S,vA.,*Inc._
v
9-
9-15
7
9-10 *:
10-2
(quar.)__
^4 preferred. A. (quar.t_
"Draper Corp.
9-30
Corp
(quar.)
Rapid Transit Co., common (quar.),
10-
Gisholt
common
i_.
preferred
5
General Reinsurance
(quar.)
67c
Inc.,
9-
9-28.
^"]7r.v preferred- (quar.)
t Donahoe's,
8-31
9-15
10-16
{10c
9-
9-11
General
{80c
9-12
9-15
9-11
•
9-15
9-20
15c
9-11
.
2
2
25c
•
35c
10-2
quarterly)
9-
9-30
10-
25c
{35c
(quar.)_,
Oil
8
Honolulu
8
—_
(quar.)
| dominion. Tar & Chemical Co.—
"o
Honolulu
5
9-
9-12
50c
$1.05
(quar.)
9-
9-15
1
5c
Ltd.
Dominion Glass Co.. Ltd., common
77c preferred (quar.)__
:l
9-
9-20
10-
9-
Class A
9
■
Dobeckmun Company
Doehler Die Casting (interim)
Doernbccher Manufacturing Co.
Honolulu Gas Co. Ltd.
2
9-15
9-30
{10c
-
____.
(irregular).—L
—__________
General Precision
Equipment Corp
;
General Railway Signal, common—^
67c
preferred (quar.)«-____
9-11
9-
9-20
10-
Quarterly
9-29
*9-15
•
50c
Hollingsworth & Whitney Co. (quar.)_.—__
Holophane Company, $2.10 preferred (s-a)__
9-15
Advertising,
General Phoenix
9-1
37%c
common
(quar.jii_i.__—_____
V'
I2M2C
Class -A"
10-10
Co.—
8-26
1
6%
25c
8-26
10-16
10-14
5
30c
9-22
25c
$!
9-1
1
9-
(quar.)'
2
683Ac
preferred
General Motors Corp., $5
9-11
Co.,
5r/o
6
10- 2
Inc.
9-16
9-
(quar.)
9-15
General Mills,
6
9-
(extra)-!
Co.
Sons
&
Furnace
9-15
(quar.)
15c
4^5'^ preferred, (qqar.)-k,
f.Djxie Cup Co.,
Co.
20c
<$e/e preferred (quarJ_v—-r——
E.i
(A.)
9-16
10-
10c'
- '{20c
{$1.25
{$1.37
:
preferred
Candy Corp.
9-
9-30
Hollinger Consolidated Gold Mines Ltd.—
50c
—________
87c
55c
3-1-45
9-15
Holland
9-15
(Charles
9-15
l-'1
—______
Bottlers
9-30
______
9-15
Transportation Corp.—
75c
25c
'
Diamond Match-Co., 6Vfi partic. pfd. (s-a)__
Diana Stores Corp., com. (increased quar.)
.
Quarterly
6
50c
{25c
(irregular)
Co.
9-30
30c
__.__i.___
preference A
partic.
25c
(quar.)__
;Class
p
$3
General American
9-20
12'/2c
(quar.)
(quar.)
12-15
2
$1.25
Paper
9-30
12 Vic
12-23
10-
Paper Co. of Canada Ltd.—
12V2C
common
12-15
5
9-20
2V2C
:__i
common
$1.25
preferred
5
9-
2
$1.75
Hires
25c
--
common
9-
9-15
10-
(quar.i
Hollander
{35c
(quar.)
preferred
Class B
9-15
25c
"7%c
Co.
(quar.)__.
Gemmer Manufacturing Co.—
9-30
9-19
10-17
25c
Quarterly
12J/2C
Michigan (quar.)
Co
$1.75
1st
(quar.)—1
Extra
11-15
9-29
10-27
3IV4C
(quar.)
Dauch
I2V2C
Container,
15c
'
8-25
25c
preferred (quar.)
preferred (quar.)
5Vi70
9
8-31
_i_
35c
Corp..._
(irregular)
Co., 67o preferred (quar.) —-J
Packing
9-
9-14
9-15
:___
_;
8-25
25c
Company
10c
"t Derby Oil & Refining,
Harvester
1
$1.75
Corp..
.'Detroit-Michigan
9-
8-25
2
9-25
15c
(quar.)
Dauch
&
9-~9
2
10-
(monthly)-
Corp., class A
preferred
&
10-
25c
9-15 *
37%c
—
Gaylord
'
5 %
$1
B
prior preferred
Hinde
9-15
2
50c
9-15
10c
5V2%
$1
(quar.)
Tramway
Detroit
9-11
9-30
.
7%
Detroit
9-30
10- 2
25c
9-15
37%c
(quar.)_____
Brewing
(Robert)
$1.50
(quar.)__
preferred (quar.)
Denver
.
/
9-20
5
1
9-30
$1.75
—______—
I2V2C
10-10
$2
9-11
9-
9-15
10-
25c
(quar.)
preferred
Hinde
8-25
2
5
43 %c
Spencer Bartlett & Co.
Oil
9-
Honolulu Plantation
Canada
Extra *
Gair
■'
$140
(quar.)
:
Gabriel
Corp.
9-
8-15
9-15
20c
—
Co._____
1%
5
9-30
75c
{25c
___.
Frankenmuth
2
Rubber
Class
:
of
25c
10-
9-
(quar.)
(quar.)__
preferred-,
35c
:
(quar.)
Fox De Luxe Brewing Co. of
Extra
r
9-11
•10-
•
common
Steel
Extra
5
>
25c
Brewing Co., new (initial quar.)
Brewing Co. of Indiana (quar.)
9-15
,
1st pfd,
Co.
(Peter)
de
9-15
-
$l.X2Vz
Foundation
9-
1
60c
(increased)
Corp.,
Pressed
9-16
Supply Co. of Hew York—
(quar.)
7%
P
5
Powder
01 fin,
9-15
9-15
25c
(George W.) Co., commonpreferred (quar.)
Hickok
Co.—
prior preferred
Fosloria
9-2
(quar.)
Light 47c
9-
:
Canada, Class A
preferred
9-16
Corp.
Common
A
2
(quar.)_______
_1
Deere & Co. (irregular)—.
Delaware Fund, Inc. (quar.)
Rock
Kleiser
10-2
"f De Long Hook & Eye
Deep
9-15
{25c
37V2c
RR.
5
Inc.,
of
$1
(quar.)
(quar.)
Fox
9-30
10-
preferred
Fox
9-15
87V2c
_
Corp.
Brook
9-
$1.75
1
9-11
25c
& Bound
9-15
62'/2C
8
75c
Stores,Inc
Delaware
Co.
class
"
Deisel-Wemmer-Gilbert
Hewitt
Parts
7%
57c
9-
{25c
:
(quar..)
(resumed)
9
15c
9-
1
9-30
(quar.)__^-u__i^_^i__'_____ %.
(Alfred)
10-
75c
(s-a 1
9-
77n
—
9-15
9-15
$1.12%
Fran.)
B
&
&%
9-14
50c
Dayton & Michigan RR. Co., common
V
9-20
35c
Pitt Brewing Co.
Foster
11-15
35c
Ltd., class A
Hercules
1
Motor
E.t,
Monthly
(quar.)____
Society (Chicago) (quar.)
$4.50
Foster-Wheeler
9-30
11-25
!
(San
Foreigh Light & Power, 6%>
9-13
10c
(irreg.)
A
1
Corp
Stores
Motor
Class
8-31*
2
$1.25
:.':T)aniels & Fisher Stores Co._
David
Ford
America—
of
Press, 4%To preferred (quar.)
Publishing Co. prior pfd. (quar.)_
Curtis
10-
Co.,
Fair
Fort
9-15
56 Vic
25c
(quar.)
;
9-
9-
10-10
Hibbard,
common
(quar.)
U
(quar.)
Food Machinery Corp., common (quar.)
Special
!
'
Forbes & Wallace, Inc., $3 class A (quar.)__
8-31
50c:
i
Heime
9-20
$2.50 preferred
9-22
25c
__
(quar.)
Crown Cork & Seal Co., Inc.—
$2.25 preferred (quar.)___
Crown-Zellerbach Corp.. common
,
,
5
9-11
Field.
National Stores Inc.
$1.50
____
_
Heller
25c
ii--
First State Pawners
Crompion & Knowles Loom Works—
67c preferred (quar.)
'Crosley Corp.
Crowell-Colliee Publishing
Hein-Werner
Helena Rubinstein, class A
10-15
\
Indemnity
First
1
12%c
(quar.)
Fund
9-
'
-
8-24
9-18*
8-31
(W.
Holder t
Payable
25c
;
Brewing Co. (La Crosse, Wise.)
9-30
50c
thare
50c
(quar.)
9-15
Baltimore—
(quar.)
8-29
10-15
25c
_______
Inc.
Heileman (G.)
15c"
at
Quarterly
'
Creameries of America
9-21
Co.
When
Per
,,
;.
Corporation
Mining
25c
See Marshall
America
9-1
$1.25
(quar.)—„
common
preferred (quar.)
57c
•
Hecla
$1.75
quar.___
9-10 '
20c
common
A
9-10%
62%c
iquar.)
Electric Corp.,
Cornell-Dubilier
Crane
common-;
(quar.)
Hazeltine
9-20
t,
•
10c
50c
_•
Corp.____.
of
Co.
9-15
9-16
2
-
,
Name of Comoana
30c
Co
Gas
.(Marshall).
Finance
75c
v
10-
>
.
l
'
$1.62%
$1.62%
25c
(quar.)
Corp.,
Enamel
,
1
10-
35c
Co
v
01 Rec.
9-30
10-
25c
(quar.)__.
Truck
Payable
25c
'f
(quar.)
Fiduciary Trust Co. of New York__________
'
% Cooper-Bessemer:
Inc.
Corp. (irregular)
Fenton United Cleaning & Dyeing Co. (quar.)
7cio preferred (quari)iv
:
:
9-15
:
Shops
Holder*
When
thare
Faultless Rubber Co.. (irregular)
10-
$1.25
_______________
Fibre
Name of Company
>
9-16
10-
$1.12'/a
Can
! Continental Diamond
j
A
Per..:',
0/ Rec.
1
9-15
30c
Consumers Gas
conv.
Hol&en
When
Payable
,
62%c
(irreg.)_
Consumers Power Co., $4.50 preferred (quar.)
"I
1115
■
(s-a).
—
9-15
12-15
10-
9- 5
12-
5
2
9-11
9-15
8-30
1
10-
Products Corp
Fink
Lehn
Salt
Leslie
(irregular*™™--
Refineries, Inc.
(quar.)_
Co.
—
<quar,»_™--,——
Libby-Owens-Ford Glass Co
——
Liggett & Mvers Tobacco,- 77 pfd. tquar.)-Lily-Tulip Cup Corp.—.-—_—
Ihna Locomotive Works, Inc
Lincoln National Life Insurance (Ft. Wayne? —
(quar.)
9-15
8-19
9-
8-25
10- 2
9-12
1
10-26
9-12
8-31
11-
9-12
original stock.—
$3.30
*
—
Aircraft Corp.
Cement-,--—
Lone Star
(quar.)
Co., common (Interim 1
Lord & Taylor, common
Loriilard
(P.»
—
(quar.i
Louisiana Land & Exploration (quar.i
Ludlow Mfg. & Sales
Lunkenheimer Co., 6 % 7 pfci, (quar.i—__
6('2% preferred (quar.i,—
Macy
(quar.i
67c
(quar.)
preferred (quar.)—
& Sons (quar.);--—-—
2nd
———
Marsh (M.i
Martin-Parry
Corp.
—
(quar.)———
——-
Maryland Fund Inc.———
Masonite Corp., common iquar.)
Massachusetts Investors Second
—
preferred
77c
Mathieson Alkali Works,
common
preferred (quar.i— r
Navigation Co.—
Matthiessen & Hegeler Zinc—
7%
——
Matson
9-
2
12-20
National Steel
9-15
8-31
National Steel
Corp.
9-15
9-
9-15
8-15
9-15
8-31
2
9-8
10-
1-
1
10-11
8-29
8-17
11-
11-15
Common
(quar.i
$4 preferred
(quar.i
McLellan Stores, 6% preferred
(quar.).
Memphis Natural Gas„
Stores,
Mercantile
:—
common.
—
9-
9-18
9-5*
10-1
9-18
10-16
9-20
10-16
9-20
$5
9-29
9-18
New
9-30
9-15
9-30
9-15
New
Metal
10-
2
9-16
10-
1
9-20
Niagara Lower Arch
10-16
9-30
2
9-18
&
Thermit
preferred
77o
9-15
8-31
9-10
8-15
Niles-Bement-Pond
9-20
8-31
Corp..
Hone
preferred
8-16
9-15
9-1
$6 1st
9-30
9-
$6 1st
9-30
9- 6
9-15
9-
10-14
11-30
'•v'
9-29
9-12
9-16
8-31
Corp.
(increased 1
(initial'
—-----
—
(accum.)—
(quar.)
Inc.
(quar.)
(irregular)
Miller Manufacturing Co.. common (quar.i
Class
A
$1 prior pfd.
(quar.)——
_
S4.50 pfd. A
(s-a>
•
9-16
9-15
Omar,
9-15
6
10-
2
9-15
60c
15c
$.07222
25c
> 50c
5c
37%c
25c
5c
10-
30c
$1.25
$1.25
2
9-
1
8-31
8
Powdrell
8
Preferred
Pressed
9-
5
Price
5
9-
1
9-
9-15
10-
Ltd., common;
;
preferred
67 preferred (initiali
5*
:.
Co
Ontario Manufacturing Co.____
Onomea
9-22*
Ontario
9-
2
-™_
77
9-20
7
Oneida
Sugar
Steel
Products,
2
9-15
9-15
8-31
Otter Tail
10-
.
9-15
$4>'&; preferred
8-31
9- 2
67
Co. ' (quar.)__z____ ._:_y
Ottawa Light Heat & Power, com. (quar.)__
$20c
Ottawa
1
Electric Ry.
Ottawa
■
■5rc
preferred
(quar.i
9-9
,
$1.50
preferred (quar.)
Car & Aircraft, Ltd.; common_^__aJv-
4
2
9-15
Pacific Coast
9-20
Pacific
Indemnity
9-20
Pacific
Mills
9- 8
Page-Hershev
9- 8
Panhandle
5.67
9-20
Paraffine
9-25
12V2C
10-
9-15
87V2C
$2.25
$2.25
10-
2
9-15
12-
1
11-10
Parker
Paton
-
9-15
47
Cos.,
$$1.75
9-15
9-15
$1.50
9-11
8-31
(quar.) __—_—75c
9-14
50c
10- 1
Co.___;
Ltd.,
(quar.>
9-
9-
8
Peninsular
9-15
8-15
Common
9-15
8-15
$1.40
class A
10-15
9-15
$1.40
class
(quar.)
9-30
9-30
9-20
9- 1
*
8
10-
common
67c preferred (accum.)__
Penick»& Ford Ltd.
10-16
k
9-27
10-14
50c
25c
25c
$$1
—
Manufacturing,
77, pieferred
Peabbdy Coal Co.,
10- 1
$1
Co. (quar.)
Wolverine
2
Telephone,
common
<quar.)___
A
(quar.)—
9-15
12-15
11- 4
2-5-45
50c 1-1-45
35c
11-15
35c 2-15-45
(quar.)
(quar.)_
—
50c
10-
2
41%C
10-
2
9-15
25c
9-30
8-31
:•} $2
9-15
8-15
$1.75
9-15
8-15
of
Co.
9-15
8-31
9-11
8-30
2
9-25
9-10
8-22
9-29
9-
9-30
9-14
$5
_______
(quar.)
1
Penn
Penn
9-15
8-15
9-15
$1.25
9-15
of New Hampshire—
8-31
preferred
of Oklahoma—
2
9-30
8-30
9-30
8-30
$1.25
9-30
8-30
$1.75
9-30
8-30
$1.75
10- 2
81.75
9-15
50c
9-26
9-15
50c
9-26
9-15
Service Electric & Gas, $5 pfd.
_
(quar.)
(quar.)
1st preferred
(quar.)
non-voting (quar.)
voting
(quar.)
preferred
', 2- 8
9-15
8-31
75c
9-25
911-
9-
iquar.)
37 %c
9-15
9-
1
37V2c
12-15
12-
1
;___—
—
10-12
9-12
10-
1
9-12
Paper
Riley
Robbins
$1.50
1111-
12-21
$1.75
10-
1
9-15
••••
9-15
9- 1
8-31
Ruud
Penney
30c
——
2c.
75c
(J. C.) Co.—______________
Pennsylvania-Dixie. Cement Corp.—
of America—
9-28
9-21
12-28
12-21
9-28
9-15
$7
conv.
preferred
Pennsylvania
57c
A
(accum.)
Glass Sand Corp.. com. (quar.)
preferred (quar.)
.
,
•
" 50c
25c
$1.25
9-30
:
9-15
10- 2
10- 2
9-11
9-15
8-25
9-30
______—
9-2 2 .Ml
10-
75c
:
9-12
r9-
2
9-15
9-
5
10c
-
9-15
9-
5c
9-26
25C
1010-
«
8-31
9-15
9-15
common
Public
Francisco
Quarterly
v"'
IV
.
;
9-15
9-15
9-11
9-25
' •"'
8-28
9-20
9-12
(quar.)
—_
-
r
8-31
l-
9-n
iy:
'
"
9-15
9-15
9-15
8-30
$1
50c
25c
10- 2
9- 9
-
•
9-15 ^
9-
5
9-15
8-25
9-25
9-
1
25c
'
class A
—1_
______
8-28
50c
25c
—;_
Remedial Loan Assn.
9-
9-11
;
i'-'i,
5"'
9-15
10-2
10- 2
• 9-11
9-30
9-30
$30c
$$1.75
Lighting Co._—
Co.__
;
Service,
.
>
:;
v
(quar.)_
Manufacturing Co
Manufacturing Co
Louis
: 9-15'
10- 2
50c
-
(quar.)
preferred
Class B
••• •' =!
2
■
(quar.)
Safety Car Heating &
San
V \
;v,;:.-''v-v
Russell Industries, Ltd.,
St.
,
5
2
Ltci.—'
preferred (accum.^ '75c
Co.jLI—•
Lead
'H?
9-11
50c
River Cotton Mills-—-.
1 '
9-15
2
50c
•
Rubinstein, see Helena Rubinstein
Joseph
9-15 'V
9-30
25c
(H. H.).
St.
'
25c
:
Telephone Corp., comraon_x_i£L_';x:i■: 20c
4Vi7i preferred class A (quar.);
$1.21%
Rohr Aircraft Corp. (quar.)-;
—25c
Roos Brothers, Inc. (quar.)—-x-xv'" ' '
50c
Roper Realization (initial)_
50c
Ruberoid Co.
15c
9-30
(quar.)
10-10
V 40c
(quar.)„
1
& Myers—
5
10-10
1
1
25c
MUls
•
7 9-20
,
Russell
(quar.)^
9-11
9-30
:
Rochester
77
2
12-30
——
partic,
Robertson
9-11
9-11
2
;
. .
(Irregular)
Paper
"Silk"
10-
12 %C
(quar.)_—
participating class A preferred
$2
10-
12 %C
:
Riverside
10-16 >
3
$1.31%
,
Riverside & Dan
10-16''-
1
10-
$1.50
—
Raisin
1
11-
$1.50
V
Goods—
Stoker
River
11-
25c
-(irregular?——-1
Tobacco—
'
'1
5
15c
$1.75
Co.
9-
9-15
15c
(quar.)—
J.)
Paper
'
25c
;
Riegel
si"7.
8-31
1
Co.
Richardson
2
9-15
10-
'i ■:
& Brass Inc., 5^4^ pfd. (quar.)
Dry
11-
1
12-
'•
..
7-
9-21'
40c
Manufacturing
Rice-Stlx
'
8-24
9-14
50c
Ltd., 6Y2^ pfd. (accum.)— $$1.62 */2
30c
Inc., common
$1.12%
(quar.)
and 2nd preferred
Rhinelander
.;>•
8-28
9-14
50c
—
'
2
10-
50c
*1
1
9-12
37 %c
Reynolds Spring Co
Rheem
8 "UK
9-1
9-15
Inc.
(R.
9-
2
9-15
(quar.)
preferred
1st
Mti
8-31 ,1lief
9-15
10-
10c
iquar.)
common
Reymcr & Brothers, common
Common (irregulari •
77
;r,a
V::
1
25c
Republic Investors Fund, 67c pfd. A (quar.)
67c preferred B (quar,)
Republic Steel Corp., common——
67c prior preferred (quar.)
—
67 conv. preferred, series A (quar.)—
Reynolds
.; o;:
1
11-29
Remington Rand
$4V2 preferred
77
8
2
$1.50
Regent Knitting Mills, $1.60 preferred (quar.)
Revere Copper
9-
2
iquar.)_^
preferred
Motors,
8-25
9-15
10-
87 %c
1
'
•:
10-
20c
Raybestos-Manhattan Inc. iquar.)
Rayonier, Inc., $2 preferred (quar.)—
Reading Co., 47 non-cum. 1st pfd. (quar.)_
Reo
5
2 V2C
(Pittsburgh)
Rapid Electrotype
Quarterly
2nd
9-
$1.50
preferred
87
9-19
$1.25
57c
Co..
^
•oS
50c
Inc,
Oil
10-
$1.25
iquar.)
<7d
9-20
$1.25
$1.75
pfd.
$5
(quar.)
preferred
■H
'
(quar.)
Elec. & Gas,
preferred
9-11
Ltd.
a
8-31
9-11
Mines
.I
>
8-15
9-15
10- 2
preferred class A
Gold
.
„
10-14
9-15
Rand's
-
.3
&
50c
$1.25
10- 2
Electric Switch—
$1.20
9-15
$1.50
70c
(quar.)
9-15
50c
;
conv. preferred (quar.)__
(quar.)
i
Pyrene Manufacturing Co
:
:
Quaker Oats Co., common (quar.)
67
preferred (quar.)
:
Quaker State Oil Refining—
Radio Corp. of Amer., $3.50 1st pfd. (quar.)
;
\i
■'.a
Colorado—
(quar.)_
preferred (quar.)
(quar.)—$1.25
Co. $2.80 pfd.
Edison
preferred
9-15
9-15
Penn
5
(N. Y.)—
Trust Co.
——_
10-
•
-9-20/
67
9-14
50c
quarterly)..
1
8-25
2
Pullman.
9-12
(increased
9-
10-
Pure
9-12
9-11
10- 2
9-8
9-16
9- 2
8-31
8-31
Pictures
9-15'
10- 2
Common
9-15
S1.40
9-12
37*/2C
Service
77c
9-20
9- 6
9-15
9- 5
11-15
10-16
11-15
10-16
11- 1
9-30
9-10
8-31:
10- 2
9-15
9-20
8-23
9-20
8-23
10-15
9-15
10* 2V<' 9- 1
10- 2
8-4
10-2;
8- 4
9-15
9- 6
10- 2
9-15
9-15
9- 1
9-27
(quar.)___.
:
9-12
58V3c
(irregular)
preferred
Common
•
10- 2
(quar.)
2
5
^Reliance Grain,
9-15
9-15
75c
-
(quar.)__
Parker Appliance
9-30
9-15
9-18
(quar.)$$1.25
Pipe Line Co.
common
preferred
Paramount
50c
50c
~
Tube's Ltd.
Eastern
preferred
9-20
$50c
$15c
$$1.25
3c
Co. -ntquar.)
(quar.)
9-30
2
^
Aggregates
9-30
12-
25c
(irreg.)__
common
9-
9-15
1
-—7 $1.12^
(quar.i
Co.,
50c
9-
8-15
5
Original
9-15
common...
10-
10-14-
10-
Otis Elevator
9-20
9-30
Power Co.,
(accum.)
10-14
10- 1
9-15
(quar.)
preferred
(quar.)
Publication Corp.—
9-11
$$1.75
$70c
$5c
-
7 7c
9-8
9-15
10- 2
50c
$25c
77c
1
9-12
2
$1
9-15
10- 2
9-23,
10- 2
(quar.)
common
preferred (quar.)
Orange Crush Ltd., 70c conv. pfd.
9-15
10- 2
10- 2
10-2
1
10-
Public
8-31
:
5
25c
O'Ac
62^c
9-12
8
10-
57c
9-15
12-15
9- 5
8-26
9- 8
9-15
9-
9-1
9-
10-15
77c
9-18
10-14
$1.50
$1.50
9-11
9-30
12-30
9-30
9-15
8-18*
10-15
Public Service
9-9
9-23
10- 2
$1.50
I8%c
43%c
37V2C
20c
—
8-18*
10-15
Public Service Co.
9-30
10-25
9-30
common..;
1
9-15
$6
9- 5
9- 9
9-11
8-31
9- 1
9-18
Inc.,
9
9-
$5 preferred
8-7
9-2
9-15
9-20
10-
20c
9-10
9-11
9-25
40c
preferred (quar.)
8
9-
25c
25c
Public Service Co.
9-8
9- ft
9- 3
4334c
10-
$1.50
$1.75
30c
40c
$2
9-1
10- 2 .
10-2
10- 2
*J\
9-11
9-
9-15
9-16
9-15
preferred (quar.)_ $$1.37V2
preferred (quar.)
$1.25
5'/27c
preferred (quar.)__
preferred (quar.)_i..
67 preferred (monthly)
67c
preferred (monthly)
$5 preferred (quar.):
9-20
prior preference (quar.)
Ohio Water Service class A (Irregular)
c
10- 2
10- 2
9-15
9-30
10- 2
9-23
9-28
9-11
Co., 5%
Public Service Corp. of N. J., common
9-15
S1.75
$1.50
10c
Mines
Dome
& Co.,
& Gamble
(monthly)
67c preferred (monthly*
57c
preferred (monthly)—
9-20
1
pfd. (quar.)
x}
$1.25
77c
8-31
1
77.
r
9 -11
8-26
15c
20c
25c
common
Co., Class A
A (irregular)
preferred (quar.)
Public
8-15
9-
& Elec.
9-15
'-15
8 -2.9
9-30
9-20
Quarterly
7
9-
9-
Equipment
9-30
87
1
9-
1
Gas
8
9-
77c
9-
9-15
1
Farm
2
9-
9- 2
10-16
(quar.)
Insurance
Public National Bank &
9-15
8-15
75c
9-20
;."i
10-
57
$1.50
$1.75
1
$$1.50
Class
8-31
$1.25
;
iquar.)
5
9-1
9-20
America™
of
Prosperity
8-25
9-26
(quar.)
(quar.)-.—
prior pfd.
57
Finance
East
Bros.
Procter
9-14
9-10
40c
$1.25
Accident
preferred (quar.)—
2nd preferred (quar,)_________
Preston
9-14
9-29
40c
9-
9-
I i:
.
10-16
Alexander
&
Metals
1st
57
10-16
9
9-28
9-15
preferred
partic.
Pressed Steel Car Co.,
57
11- 1
9-15
9-26
9-
$75c
(quar.)
1st preferred (quar,)________________
9-
8-28
9
Corp. of Canada—
6%
9-8
;
9
9-
10c
non-cum.
9-
10- 2
9-18
9-15
9-
9-14
9-25
(quar.)___
Co.
67
10-
2
8-31
9-15
9-15
9-30
9-20
8-31
$1
25c
Metallurgical Co., Inc.__
Pittsburgh Thrift (quar.)
Pittsburgh Plate Glass
Potter
8 '
9-
10- 1
(quar.)
preferred
m..
9-21
10-21
10-21
9-12
Pittsburgh
Power
10-
10-
& Brothers Co. (irregular)—
77c
,
*
10- 2
9-30
9-30
10-* I
$1.75
$1.75
25c
-■ 15c
75c
Plttsfield Coal Gas Co. (quar.)
$1
Plymouth Oil (quar.)25c
Stock dividend
Vh7o
Common
V
,7f-\
75c
>
(s-a)
Pittsburgh Brewing $3.50 pfd. (accum.) ____
Pittsburgh Forgings (quar.)
Pittsburgh Fori Wayne & Chicago Ry.—
9-11
9-15
preferred (quar.)—
4<5- preferred (quar.)—
8
9-16
10- 2
11-10
67c
9-
25c
15c
$25c
67
11-10
Mutual Chemical Co.
8-31
$1.50
$30c
'
9-18
preferred (quar.)————-.——,-.
Ohio Seamless Tube Co., common
$81.37%
———
9-18
1
2
preferred (quar.)
9-18
1
10-
;—
1
9-15
9-
1
87
Muskegon Piston Ring
9-15
9-
9-
1
Co.—
9
1
2
Water Works.
9-
1
$1.50
$1.75
30c
l%c
—'
9-15
10-
2
(quar.)_
1
9-12
10-
12-
prefened
9-
9-15
9-30
9-30
9-25
10-15
9-12
10- 2
9-30
9-30
9-30
9-15
9-15
10- 2
8
9-
50c
50c
20c
Corporation
Common
7
•
Pittsburgh Bessemer & Lake Erie—
Ohio
10-
Co.
preferred
85
preferred
$6
1
10-
7#
9-18
87Vic
15c
7V2C
7V2C
*
Ohio Edison.
9-20
9-30
10-
$2
Corp.——_——
Philco
10- 2
i
Class B
9-1
9-11 '
15c
Cafeterias,
9-15
+8%c
(accum.)
(quar.)—
Ogilvie
2
(s-a)-J———————
1
10-20
<
9-1.5 "
9-12
10- 2
10- 2
$1.50
Philadelphia Transportation Co.—"
$1 participating preferred is-a)
V.t.c. for partic. preferred <s-a)__
9-30
Sugar Co., Ltd———
2
—
Philadelphia Electric Power, 8
9-
9-15
11- 1
10- 1
9-28
9-15
9-15
Trading Corp.—
9-9
9-20
(quar.)___^
Corp.
Quarterly
9-20
10-
Morgan (J. P.) & Co,_—
(F. E.f
2
10-
(quar.)
$48c
Montreal Loan & Mortgage (quar.$31%c
Myers
10-
(irreg.),
Montreal Telegraph
Muncie
2
Oliver
^preferred (quar.$1.25Montgomery Ward, common (quar.)—™50c
$7 class A—;——^
$1.75
Montreal Cottons, Ltd., common (quar.)-—
$$1
7^'Jpreferred (quar.),
—
$$1.75
Mueller Brass
Nu-Enamel
0-20
10-
Oklahoma
"l'5c. »>
i_
pfd. (quar.)
&
9-15
9-30 (.
10-25
-
pfd.
77c
$1.06'/4
$1.0614
(quar.)_______^.
preferred (initial quar.)
25c
50c
10- 2
Co,
■Norwich iPharmacal
9-15
5ft
1
9-15*
(s-a>_________—________
preferred B
Morrison
9-30
9-15
50c
Montana-Dakota Utilities Co., com.
Motor Wheel
Norwalk Tire & Rubber,
1
Molybdenum Corp. of Amer.—
Monroe Chemical Co., $3% preferred (quar.)
$4 preferred C
No-Sag Spring
2
Mohawk Rubber Co,
$4.50
9-5
8-31
1st preferred
^
$1.50
30c
$$1.50
(irregular)
9-15
9-15
10-
Mississippi Power Co., $6 preferred (quar.)_
$7 preferred
(quar.)
Missouri Kansas Pipe Line (irregular)
Class B
(irregular)
1
Modern Containers, Ltd., common (quar.)—
Monsanto Chemical,
North
10-10
1
11-
preferred (quar.)
Star Oil, Ltd., 77c preferred
___™_^__
(quar;)___.__n
(quar.)_
$1.62'A
preferred tquar.)
Greyhound Lines, Inc.—
$6*i
(quar.)
(quar.)__*
Sl.preference common___„
Northland
4
10-
convertible ;(quar.—v
preferred
10-
67c
9-1
12- 4
$1.50
$1.50
$1.50
$1.50
$1.75
40c
Minneapolis Brewing (irregular)
Minneapolis Gas Light Co. (Del.)—$5 participating units
'Minnesota Valley Canning 57c pfd. <quar)_
5Wc
9-15
12-15
■
North
1
10-15
71%c
75c
(qua*.)
Pennsylvania tin. (quar—
$1
Northern Liberties Gas (s-a)—
50o
Northern Natural Gas Co.
—50c
Northern Ontario Power Co., common..
$6c
9-18
9-
;preferred
■•
Co.
Mines
Co., common
$6 prior preferred (quar.)
Philadelphia Electric Co., common
9-15
9-15
9-15
9-11
10- 2
10- 2
Subject to the approval of the SEC--;
534&vpreferred (quar.)
9-15
9r30
10-30
.
20c
$1.25
(stock dividend)
com.
:_
(quar.)>_________i^_____
$1.25 participating class A (accum.)_____
Philadelphia Co., $5 preference (quar.)_____
86 preference (quar.)
Philadelphia Dairy Products Co.—
9-25
common
10-
——
convertible preferred
$1.50
Miller & Hart.
Co.,
4(47c
share of Pacific Gas & Electric
stock for each 100 shares held.
One
62%c
35c
$1.75
$1.25
$1.50
$1.75
S1.50
$1.75
(quar.;—
(quar.)
Refineries,
American
North
9
•
8-31
10- 2
Flour Mills, common (quar.)
Ohio Bias? Co., class A (quar.)
Company
Mid-West
6
preferred A (quar.)
preferred B (quar.)
8-25
common—
Midland Oil Corp., $2 conv. pfd.
Midvale
American Car Corp., common
North
9-15
Gold
Milk
8-31
9-15
10- 2
10- 2
10- 2
10- 2
10-14
10- 2
9-30
9-30
10- 1
10- 1
10- 1
62V2C
$1
T.25 t; 35c
SI •
• 50c
37V2C
$2c
25c
Petroleum
10-20
10- 2
25c
$$1
$38.70
30c
$1.50
$1.50
Pet
2nd
9-10
$25c
9-14
preferred series 1940 (quar.)
j_
$6 junior preferred (quar.)
—
U77c preferred (quar.)
——
Michigan Steel Tube Products (irregular)—
Mickelberry's Food Products—
5%
$1.50
(reduced)
Noranda Mines, Ltd. (interim quar.)
North American Bond Trust ctfs. of int
Co.
Co.
Perfection Stove
8-15
„
Oahu
67c
Micromatic
Niagara Share Corp.
9-20
(quar. *_
preferred
Bridge (quar.)
10- 2
preferred
$2.40
$1.75
$50c
common
$1.31%
(quar.)—,
$7 preferred (quar.)
$6 prior preferred (quar.)—-—
—
$7 prior preferred (quar.)
—
Michigan Associated Telephone Co.—
67c
preferred (quar.i
_—_
—
Michigan Public Service, 6"r pfd. (quar.)-.;$6
Co.,
(Md.)—
67
preferred A (quar.)™_
Niagara Wire Weaving, Ltd. (quar.)
10-
$1.25
10c
75c
City Omnibus Corp.™
York & Queens Electric Light & Power
$1.12%
————
Metropolitan Edison, $5 preferred
$ 1.12
$1.31 'A
$1.50
$1
$1.62V2
37'/2C
—
$1.50
Co.—
Machine
60c
_v
_
Mergenthaler Linotype
Mesta
preferred (quar.)
Auction Co.,^.
York
.
(quar.;
preferred (quar.)
preferred (quar.)———
5*4%
25c
20c
.
,
lquar.)___™_^,____
Circle
9-15
'
-
8-31
Shipbuilding & Dry Dock—
Newport News
——
Merck & Co., Inc., common.
$1.37V2
$1.50
New York
Mining Corp
Newmont
50c
25c
■Merchants & Miners Transportation
4%';*
35c
35c
$1
51.50
10c
50c
(quar. i——
—
—
5
9-15
9-15
$2c
—
3
9-30
McKenzie Red Lake Gold Mines-
Quarterly
McKesson & Robbins, common
(quar.)
Reiining Co
——%
—
National Supply, $2 preferred (accum.)
5Va7c prior preferred (quar.)
6'/o
prior preferred
(quar.)
Neisner Brothers. Inc. (quar.)
Nestle Le Mur Co., $2 portic. cl. A (accum.)
Newberry (J. J.) Co., common (quar.).
New England Public Service—
$6 prior lien preferred (accum.)
$7 prior lien preferred (accum.) JlNew England Tel. & Tel. Co.
(irregular) ___
New Jersey Power & Light 47c
pfd. (quar.)
New Method Laundry, 6V2% pfd.
(accum.i.
National Sugar
12-8
2-45
9-15
McCrory Stores Corp. (quar.)————
McGraw-Hill Publishing Co._—20c
Reduced
15c
$1.50
50c
$25c
75c
35c
$1
National Standard
1
9-15
11-
$7^
$7
43%c
25c
(accum.)
——
(accum.)
——
77c pfd. iquar.)
,
preferred
preferred
7#
1%
McClatchy Newspaper,
1*
1-2-45
10c
25c
$1.75
30c
•
$1.75
$1.50
25c
25c
27V2C
Co. (quai.)
Car Corp. Ltd. (quar.i
$62%c
(s-a)—
8
9-20
•
11.25 conv. redeemable preference
Mastic Asphalt Corp. iquar.i
,
9-
9-
2
10c
Massey-Harris Co., Ltd.—
2
4,
.
(quar.)_
Peoples Drug Stores,™
Peoples Gas Light & Coke
Perron
8-15
.
I2V2C
77c
9-15
25c
Fund--——
8
10-
37%c
$1.75
6c
(quar.)—
Maryland Drydock Co., common
9-
•
8-21 •
10-
preferred
Perfect
2 "
9-
9-15
9-15 :
$37V2C
—
(quar.)
6'c
9-15
$17%c
+ 17%c
$1.50
$1.50
$1.50
40c
15c
—
preferred (quar,)_
Manufacturing (quar.)—--Marshall Field & Co., 67c preferred
2
10-
25c
15c
$1.50;
71c
2
9-16
10-
Magnin (I.) h Co„ common (quar.)—
6% preferred (quar,)-—————Mahon (R. C.) Co.—
——
Mallory iP. R.» & Co., 4%(( preferred
$0.265625
Mangel Stores Corp., $5 preferred (accum.)53.25
Manischewitz (B.i Co., 7% preferred (quar.)
$1.75
Maritime Telegraph & Telephone Co., Ltd.—
Common
11-20
10-
40c
Marion
(quar.)
preferred class A (quar,)—
preferred class B (quar.)
—
National Linen Service, common (quar.)
National Oil Products
National Pumps, 5V27o preferred (accum.).
National Radiator Co.
;—-—
National Refining Co., $6 prior pfd. (accum.)
11-20
1
12-
50c
—
preference
$1.59
12-1
$1.06'A
(initial quarterly)---
A
Magma Copper Co
„<
9-11
(.$1.2o
—
preferred
4%%
9-15
.
10-13
9-10
37'Ac
—
prefer red class AZTfoc
National Grocers Co. Ltd.—
'
$5
9-30
10-30
10- 2
2c
50c
8
8-31
(quar.)__,
Pennsylvania Telephone Corp.—
$2*2 preferred (quar.)
Pennsylvania Water &c Power, com.
8
9-15
$1.50'
$1.25
$1.50
12%c
•
•
9-15
$1.75;" 10-2
' 10- 2
10- 2
9-15
10- 2
•
(quar.)___;„:___™:__;_._;
Pennsylvania Salt Mfg. (irregular)
Pennsylvania Sugar Co., 57 pfd. (quarj—
8°
9-
*
preferred class A.—
57c
National Lead Co., common
$1.62'/a
50c
25c
(R. H.) & Co., common———
Common
-
$1.25
National Food Products Corp.—
9-16
9-20
y 9-30
$1.50
$1.62(2
Lyons-Magnus: Inc., Class A (accum.).
Lyon Metal Products (quar.)—Macassa Mines (reduced)
Mackinnon Structural Steel. 57 pfd. (quar.i
National Folding
9-30
$1.75
10c
preferred
77
50c
common.—.
(quar.)—'.
—
Machine (quar.).
Box, common (iriegular)..
prelerred
9-
u
Electric Welding
preferred
preferred
9-
9-12
5 7«
$1-25
2oc
$2
25c
—
11-25
9
9-30
37,2c
preferred (quar.)
Participating
National
9-30
Cement—
Longhorn Portland
57
:}?
10-14
11-25
12-
+*};,
*
—
Discount Corp.,
preferred
57
11-1
50c
Si
__™_™
Co. 1 monthly;
Loev.'s (Marcus; Theatres Ltd.—
77 preferred (quar.)
—~———
Pipe
Joint
National
25c
—_
of common for
Stock dividend (One share
9-15
1
10-
(quar.)
National Container
2
12-9
50c
stock (quar.)™—
9-
50c
(quar.)—
$6
11-10
.9-15
9-11
9-12
11-1
■
$7
$5
9-15
11- 1
,
5
5
of Rec.
Co.—
(quar.)
9-
10-2
10-15
City
Class A
8-31
9-15
$1-12*3
4%'.< pfd. A <quar.)_
(Detroit* (quar.)
25c
Bank. (Cleveland) (quar.)——
35c
National Cltv Lines, common (quar.)—""" 25c
National Dairy Products (increased)——.—
30c
each (share held)
———'
100%
National
Power & Light
Holier »
When
Payable
ahare
Name of Company
■
9-
.
10-14
10- 2
$50c
1(c
preferred (quar.)—
—,i44c
National Cash Register (quar.).———
y : 25c.
1
Pennsylvania
9-30
12- 1
15c
30c
common
Ltd.,' common (quar.)—
National Breweries,
8-31
9-12
:
25c
12>2C
52c
National Casualty Co.
-
preferred (quar.)—37/2C
preferred <quar.)
_______
°l)?c
Lindsay Light & Chemical, 77 pfd. 'iquar. j>
Link-Belt Co.. 6% 7 preferred iquar.*——. $1.62%
Lock
9-13
'
77c
Lockheed
•
1
9-
9-27
of Rec
10-16
9-15
9-29
9-15
37J/aC
preferred (quar.)—
•
Nachman Corp.
"■——
—— v '
Nash-Kclvinator Corp.' —
——
Nathan Straus-Dupar, $2.50 preferred.——
National Automotive Fibres, Inc.—
67c convertible preferred (quar.)
National Biscuit Co.,
1
9-15
ofc
—
RR., special
"
9-15
6%
Little Miami
9- 5
9-11
(Washington, D. C.)—
Liquid Carbonic Corp.,
■v
8-20
9-15
30c
Common
9-1
9-25
37%c
Quarterly
Lincoln Service Corp.
9-14
9-14
;
60c
25c
Si. <5
Lexington Telephone Co.
2
Payable
7\
:
Per,
tiouiert
Mutual System 67c
8-30
10-
35c
50c
15c
50c
__
Leland Electric Co.—__
Leonard
9-22
S2
SI
rrrtfll
tnare
company
Name oj
of Rec.
Payable
thare
Name of Company
Lehigh & Wilkes-Barre Coal Co. of New Jersey
Lehigh Portland Cement. 47. pfd (quar.).-
Hoiaert
When
Per
^
Per
\
v--..
1944
Monday, September 11,
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1116
9-25
9-
1
SV&c
9-30
9-15
37%c
12-31
12-15
Volume
Number 4315
160
THE COMMERCIAL & FINANCIAL CHRONICLE
/•
per
1
Name of Company
Sarnia Bridge
Savannah
6'/2 %
7%
.
b■
Electric
&
C
6%
pfd.
9-11
-
9-11
•
10-2
9-11
i
9-11
9-25
9-10
Tooke
25c
9-15
9-
Toronto
45c
9-13
9-
$1
50c
$1.50
11-1
11-1
10- 2
10- 2
50c
9-14
8-21
25c
50c
9-15
10-14
9-30
(quar.)iA——.—-
75c
(quar.)__
10c
37 Vic
>
75c
10c
433/4C
9-11
10- 1
10- 1
L
————-
___
(quar.)___.
common
-A*———
$1.12%
.
(quar.)
(quar.)
Co
—
(quar.)
Co
Roebuck &
Co.
Acceptance
preferred
Corp.,
com.
(quar.)___
-
Seeman
Brothers. Inc. (quar.)
Security Engineering Co.; com. (quar.)
7% preferred (quar.)
.
Seiberling Rubber Co.—
$2.50 conv. prior preference (quar.)
5'4. class A preferred (quar.)
Shoe
(R.
Serrick
Corp.,
Class
>
Sharon
$5
B.), Inc.
B
(quar.)
class A (quar.)
Steel
Sheller
Optical
Ltd.
Formerly known
B
Associated
as
Simonds
Simon
i
(s-a)
(accum.)
k
8-31
—
I-
_
Skilsaw, Inc.
'
—
9-15
9-15
9-15
f
8-24
8-31
8-25
8-25
9-16
9-26
10- 1
9-21
9-14
10- 2
9-30
9-16
9-
Steel
&
Iron,
common
% SI.20 preferred
Smith (Howard) Paper Mills, 6% pfd. (quar.)
Snap-On-Tools (quar.)
Socony-Vacuum Oil (s-a)
Solar Aircraft Co. (irreg.)
•
.
999-
9
5%
8-31
9-28
9-14
9-
2
8-25
9-14
8-25
9-15
9-21
9-21
9-11*
9-
5
6%
7%
1
6%
8-18*
Natural
Pacific
preferred
Gas
Co.
Wholesale
South Penn Oil
Co.
Rico
(quar.)
10- 2
10- 2
9-20
9-15
12- 1
11-15
12-
1
11-15-
10- 2
9-15/
U.
(quar.)_
'
Insurance
Quarterly *
Southwest Natural Gas, $6 pfd. A
->.
-r
35c
$2.50
,
,.
'
$1.25
Springfield Fire
Marine Insurance Co.—
Quarterly
Squibb (E. R.) & Sons common (quar.)—
4
$5 preferred A (quar.)—
1,
$4.25 preferred B' (quar.)
Staley (A. E.) Mfg. $5 pfd. (quar.)
Standard Brands, Inc., .common (quar.)_—
i
$4.50 preferred
(quar.)
IStandard Fuel Co., 6%% pfd. (accum.)
Oil
of
Oil Co.
Standard
9-lla.;
Extra
Co.
,
Oil
Oil Co. (Ohio), common (quar.)__
preferred (quar.)
.
______
preferred (quar.)—_—
Stecher-Traung Lithograph Corp
'
5%
preferred (quar.)
5% preferred (quar.)
Stedman Bros. Ltd., common (Quar.)___"__-_
6% convertible preferred (quar.)
Sterchi Brothers Stores Inc., 6% pfd. (quar.)
5 %
4Va %
'9-15
pfd.
Strawbridge & Clothier 5%
$5, prelerred (quar.)_,
Strouss-Hirshberg Co.
Sunset -Oils
■
:
(quar.)—:
Co.
Ltd.^j.——:——
•'
_—-—
Superior Steel Corp
Sutherland
—
(quar.)
Co.
Paper
——
._i
—
Swift & Co.-(quar:)____
Syracuse Transit Corp.,
;
common
Sylvanite
Products
Mines (quar.)
Gold
Tacony-Palmyra Bridge,
Class A (irreg.)
5%
preferred
Talcott-(James),
5%%
(irregular!
Electric
Sylvania
—
—
common
(irreg.)__
—-—-
(quar.);.
—1
common
(quar.)
common
(quar.)
1st
Tennessee
Gulf
Texon
Oil
&
S3
Land
Co..'
common
10c
j,,
25c
50c
50c
9-28
10- 2
9-15
$2.50
10c
75c
9-28
12- 1
9-15
9-15
25c
$1.25
9-15
9-15
$5 pfd.
v
-
(s-a)
(quar.)
(quar.)—
Thompson Products, Inc. common
$5 preferred (quar.)
-
——
9-15
9-
9-11
8-31
A
9-8
25c
____:
Co-operative
Quarterly
9-15
9-
1
25c
9-15
9-
1
50c
(quar.)
Zion's
1
9-15
8-19
$1.37y2
Mercantile
10-
1
9-9
Institution—
75c
;
9-15
9-
5
75c
xLess 30%
2
tPayable
10- 2
12-15
12-
10- 2
5
not
S.
tax
closed
for
this
funds, less 15%
dividend.
Canadian non-residents' tax.
0-15
9-13
books
In U.
Income
JPayable in Canadian funds, tax deductible at the source.
Non¬
resident tax. 15%; resident tax. 7%.
a Less
British Income tax.
9-15
50c
Jamaica
9-15
9-2
10- 2
1-2-45
Auction Sales
9-16
12-16
v
Transacted
by
Barnes
4-2-45
7-2-45
6-16
10-10
9-20
&
Shares
Lofland,
3-16
20c
9-15
50c
10- 2
$1.75
10- 2
$1.75
10-
9-1
10
9-15
1
Citizens
40
9-15
*
9-10
8-31*
40c
12-20
10-
&
1
62y2c
10-1
10-
1
$1,000
9-15
62y2c
Langcliff
9-15
$1.25
406 6-11-45
30c
9-15
'
'
45,400
5
Trust, preferred
($50
Gold Circle Consolidated
2,100
Match
9-15
10- 2
9-15
1,000
9-15
9- 8
IV2
9-21
9-11
western
9-15
9- 6
eastern Realty Co.,
9-15
9- 5'
eastern
62y2c
(quar.)__
9-15
9-
9-5
1
50c
preferred
9-18
10-31
Harbor
10- 2
10c
9-11.
9-
/■
,/.r-
9-15
25
9- 1
i
preferred
8-29
9- 9
12- 9
■.
Iron
Works,
Common
Corp.
<
Wamsutta
Mills,
Class C
0-15
Elevators,
Public
Waukesha Motor, common
8
Wayne
Pump
Detroit
Match
9-11
8-10
10- 2
9-12
9-15
9-22
8-15
Wesson
Oil
&
—
Snowdrift Co.
Inc.,
Extra
9
Westvaco
9-12
Ltd.
(quar.)
?-
Products
Chlorine
___
9-
1
9-
1-
Westmoreland
Coal
9-
1
Westmoreland,
Inc.
9-
1
Weston
1
mcnt
Electrical
Co.,
1st
8-31
9-15
8-11
9-15
•
paid
8- 8
9- 5
9-15
11-1
10-16
11-1
10-16
9-20
9- 6
12- 1
11-15
11-15
9-15
10- 2
10- 2
8-25
9-7
9-18
10- 2
9-15
10-
Inc.,
-
$1.06y4
45c
$1.50
$1
Corp.
(quar.)
par);
Liquidating
Lakes De¬
140 Great
330
common;
($35 par);
Co.,
1st
Interna-
'
159 Merrimack
120
Anthracite
Penn
Anthracite
Penn
80
Col¬
1,500 Quincy Mining Co., $20.50
10 Rainbow Luminous
par);
A;
50 Perin-Walsh
common;
par);
■
Rubec
100
Mines,
preferred
Mills,
Products,
Ltd.;
72 4-10
($100
System,
class
A
&
Light
Corp.,
Power
interim
,
3
par);
United In-
-
;
ctf.
common
Metropolitan District Finance Co.,
6s, Dec. 1, 1943, series A coupons June 1, 1933 and
SCA, ctf. of dep. stp.; $20,000 So. Penn Collieries
10,000
6s,
mtg.
series
2014,
A
creditors
Norfolk
$1,000
certificates;
October,
Southern
October,
1942
and
participation
with
30
warrants
Building
&
9-5
9-11
9-15
Corp.
Station,
10- 2
10- 2
Nov.
series;
10- 1
9-30
9-15
1113-5
9-18
America,
$1.25
25c
10- 1
9-20
dated
9-15
8-15
9-15
9-
10- 2
50c
9-11
Hawaiian
200
1,
341
&
8
common;
Public
50
<
American
Farm
Traction
Utility
Coupons
and
Exploration
Trust,
Brooklyn
Warrants
Warrants Eastern
Warrants
Legion
Power
Service
($1 par); $4,000 The In¬
Eastern
341
$500 lot
American
Massachusetts
common;
1922;
5s,
$25,000
1940, series B
—
62
82
par);
April-Junc-October
10 Wardner
9-15
—
Post
Inc., common vtc
Columbus
coupon
2,000
($10
Association,
Light
$10
receipt
Manchester
W.
Stephen
Co.,
Ry.
SCA;
Insull Utility Investment, Inc., deb. 6s,
9-15
8-28
(100
Utilities
14
w.;
25c
(quar,)
Instrument
Co.,
preferred;
Co.,
($1
Public
Great
($100 par); 40 Merrimack /.(nusepreferred ($100 pari; 20 Ohio .'.rizona
Worsted
2
1
Central
40
Co.
common
10-2
'
2
10
par);
($50 par);
Co., preferred
Terminal
vestment. Assurance
w.
par);
($1
Standard Gas & Electric Co., common; 8
9-20
9-20
50c
($1
A
Farmers
200
par);
Corp., pref.
($25
Selden
9- 5
10- 2
10-2
in
A;
110
A;
($1
lieries Co.. common;
9-12
9-15
vtc
preferred
$1
_
<
Amusement
diana
preferred (quar.)
Virginia Pulp & Paper (irregular) _J__
West Virginia Water Service, $6 pfd. (quar.)
Western Tablet & Stationery com.
(irreg.)
5% preferred (quar.)
Westinghoilse Air Brake
9- 5*
Terminal
Co.,
Corp.—
$4'/4
West
'
9-15
$20c
$75 lot
class
Co.,
Corp.; 50 Perin-Walsh Co.,
8-15
10- 2
25c
common..
—
(George)
;
mtg.
$20 lot
class
Corp.,
common
tional
.
1st
Inc., common vtc; 670 Buffalo
preferred A ($10 par); 100 Central
Corp.,. class
troit
50c
(quar.)__
(quar.)__
Co
Electric
Inc.,
Utility
Lakes
1
irrigation
A
common
&
8-16
$2.50
$1.25
$1.50
25c
Washington Water Power, $6 pfd.
8
Weston
Gas
8-16
12-
Co.,
—
9- 1
25c
9-
8-25
Water
9-15
33%c
62'/2c
(interim
9-
9-
50c
1928
Water Co.,
$1,000 Twin Falls Sal¬
Elevators,
Service
Corp.,
Lands
June
6s,
Buffalo
9-11
$1.25
G2y2c
5c
—
Washington Railway & Electric—
5% preferred (s-a)
5%
preferred (quar.)
8-31
Land
&
Farm
(50c par,); $1,000
Co.
Associated Gas & Electric Co., common
9- 9
Co.
Oakley Land &
Falls
■
Associated
10-10
9- 1
Mining
Improvement
1-15
50c
A (quar.)
Claiss B (irregular)
Warren Brothers Co., $1.35 Class A (quar.)
$2.50 Class B (quar.)
:
9-15
dep.
Lands
ctf. dep.;
The Touraine Co.,
12
10
Area-
1 Missouri-Lincoln
Stret
4-16
7-16
75c
(accum.)
common
9-15
1*
180
Twin
River
mon
10-16
50c
$7 preferred
Mfg.,
Lake
California
Superior
1st mtg.
Collieries
(quar.)
15
Second
3
par);
par);
irrigation
ctf,
par)
70
par);
$1 lot
($1
($25 par); 40 Franklin
175 South
par);
Co.($5
($5
•
ctf.
temp.
Copper
liquidating Co.;
($50
$1,000
reg.;
9-12
9-20
30
$1 lot
Co.
($10
8-31
t$l
t25c
w5%> preferred
9-18
($25
25c
40c
$1.12 y2
Wjklker & Co., $2.50 class
9-15'
Co.
B
Copper Company
Commerce
9-20
-
class
Boston-Courtland
50c
J20c
(s-a)
Corp.,
Superior California Farm
9- 5
10-20
par);,
($100
par)
of
Co.
9-1
10c
'
9-
9-15
9-15
$1.75
quar.')
preferred
Co., vtc; 15% United Orchard Co.,
9- 8
$1.50
(quar.)
Ware-Shoals
9-15
194
National
Trust
9-8
10-1
37y2C 8- 1-45
(initial)-
Utilities
20c
Electric
Ward Baking Co.,
8-19
10- %
($100
common
Co.,
.
$1 lot
18
Bank
9-1
37'Ac 6- 1-45
new
Co.,
Realty
,
($100 par)____—___
70
($25
5
12-1
0-15
50c
preferred
Detinning, common
(quar.
($100 par); 3'A North¬
preferred
par);
Mining
9-21
9-20
($100 par); 5 North¬
($100 pari; 12V2 North-
common
Co.,
Realty
International
12-23
$1.25
9-20
62y2c
9-25
37y2c
11- 1
37y2c 2- 1-45
preferred
Realty Co., preferred
Realty
$1 lot
par).
$505 lot
dian Consolidated Mining Co.
9-12
,
(50c
par)
First
$2.50
(quar.
(quar.
($100
9- 9
$2.50
25c
(quar.)
$6 lot
8-31
10- 2
$1.75
60c
par)
Mines
9-15
1-2-45
$1
25c
$ per share
Realty Co., common ($100 par);
Northeastern Realty Co., preferred ($100 par)
par);
Company_r_'2i____-
$1 preferred
9-20
5
Wednesday,
>
„
9-15
$2
10c
62'/2c
62J/ac
(quar.)_
Inc.
Northwestern
"
1
with
Northeastern
1
City) —
Common i(s-a)
Island,
Northwestern
10-16
9-14
$2
(accum.)
common (quar.)
preferred (quar.)___^^—
Walker ,<H.). Gooderham & Worts, Ltd.—
1
1928
$3 lot.
Northwestern Realty Co., common
12
8-31
50c
40c
common.
Co.__
4 y2%
11-15
15,
,
®- 5
10c
Walgreen Co.
.
Oct,
dated
c/d__
STOCKS
15c
Waite Amulet Mines, Ltd. (interim)
Waldorf System, Inc. (quar.)
9-1
50
Per Cent
Mills, Inc.
$230Tot
Comstock Tunnel & Drainage Co. ($1 par)..:
.09
Lynn Realty Trust, common ($50 par); 5 Lynn Realty
^
15c
9-20
9-1
$3 lot
Phoenix
$15
Extra
8-25
Inc.,
stock
43%c
Wagner
5'
capital
33 8750/10000
5-26
v
.
(irregular)
Wacker-Wells -BuUding .Corp.
9-12
$3 lot
$703.40 lot
Transacted by R. L. Day & Co., Boston, on
:40c 3-12-452-26■ ■"■:
^
9-20
;
Collieries,
shares
.
40c
(quar.)
Laboratories, $2.50 pfd.
Norman
6%
9-20
Mass
BONDS
9-15
25c
Wire Co.
Wallpaper Factories
Vulcan
9-12
Boston,
11-29*
50c
Bank,
Pharmacal Company, class "B"
The Phosphor Bronze Smelting Co., preferred
Northeastern Warehouse Company..
5
9-20
National
on
*.
$ per share
Tucker
^1,935
40c
<'
STOCKS
Shares
6%
8-30
Philadelphia,
Wednesday, Sept. 6:
$2.50
11-27
9-15
11-27
8-24
(L. A.) Spring & Wire Co. (quar.)__
Youngstown Sheet & Tube, common
$1.25
(quar.)
LL,
12-15
..
9-20
2
2
Young
8^25
12-11
Vulcan
9-15
2
1010-
Sept. 6:
0-15
.
Youngstown Steel Door Co
9-1
$1.25
(quar.)
(quar.)
'7%
9-
9- 1
9-15
$1.25
,
•
8-31
.
9-11
preferred
10-
15c
$1.25
Virginian Railway, common
6%
preferred (quar.)__
r
6% .preferred, (quar.)
•
—-
50c
5
jeytc
Mfg. Co
' 9-15
10- 2
••
(s-a)__^___
Equipment, $1 conv. preferred (quar.)
Viking Pump Co
Virginia Electric & Power, $5 pfd. (quar.)__
9-30
«
Towne
25c
58Vsc
53c
_l_
9-30
9-15
9-25
—•—-—
preferred
-
&
7-'2
8-25
'
9-
Yale
(Del.)—
5% /preferred
.
t
9-
9-5
$1.12 y2
(Wm.) Jr. Co., common
Wright-Hargreaves Mines, Ltd.
2
9-11
Victor
8-31
10-1
12- 1
10- 2
10-16
9-30
9-30
11- 1
10- 1
35c
25c
——
Co
30c
30 <
40c
50c
25c
$3c
75c
35c
.
9-15
9-15
9-15
9-30
10- 2
9-15
(reduced)—
(quar.I—
Sulphur (quar.)
convertible
9-20
10- 2
10- 2
9-12
'
8-15:
10- 1
10- 2
10- 2
10- 2
—
Thermatomic Carbon Co.,
Thermoid
8-15:
68%c
Texas Company
Texas
9-15
9-15
v 9-15
10-16
10-16
9-30
9-30
12-30
10- 2
10- 2
9-30
$20c
$62(/2C
$5c
preferred
Corp.
8-15
—
(quar.)
(accum.)
Temple Coal Co., $6 preferred——
7%
-
—-———
Teck-Hughes Gold Mines Ltd.
Telephone Bond & Share—
.
8-15
9-15
$1.25
-—
partic. preference (quar.)__;
'Tamblyn (G.) Ltd.,
Preferred
9-15
25c
+1C-
9-15
9-5
10-
Vickshurg Shreyeport & Pacific Ry.-—
9-10
9-
Wrigley
10-1
10- 2
9-9
Vapor Car Heating, 7% preferred (quar.)
;/,Veeder-Robt,c3hc.y:ii^w/rj^^iiA'$;_----__-i--'
11- 1
9-20
9-15
9-15
10- 2
Co._____——
Mining
Sunshine
9-15
75c
(accum.)__
9-15
.
10-16
>
10- 2
10- 2
5% prior preferred (quar.).
Valspar Corp., $4 conv. preferred (accum.)_
.
8-31
$75c
Stokely Brothers (stock dividend)__-
Oil
1
10-16
25c
$1.25
$1.25
$25c
-
Sun
6
9-12
$1.25
$1.06%
$1.50
10-
Irregular
11- 1
50c
Standard
■f
(quar.)
•Transfer
Utah Oil Refining,Co. (quar.
Utica Knitting, 5% prior pfd,
10%
$1.25
$1.25
30c
—
Standard
B
50c
Utah Home Fire Insurance (Salt Lake
9-20
25c
(Ky.)Mquar.)____________
(quar.):
preferred
$75c
& Canal Co.
Upressit Metal Cap, 8%
Upson-Walton Co.
.
25c
of Indiana
6%
4-2
Pictures,
50c.
I
California
Co.
9-15
1
$1.25 7-16-45
40c
9-11
Products
9-
9-15
10-
$1.25 4-16-45
Universal
25c
Standard
,
2
(quar.)
Universal
50c
$1.06'A
$1.25
25c
$1,12'A
$$3
10-
8-24
(quar.)
preferred A <quar.)
6.4%. preferred A (quar.)i.L_^__
/.6,4% preferred- A
quar.)____
6.4% preferred A (quar.
U. S. TobaceO'Co.> commonii...
:
7%<..preferred-4
U, S,^.Trust- Co. -(N. X)
(quar.)
Universal
$1.25 *
•
9-
$1.75
9-10
^ Glass
10-11
$1$13' ' 10- 2
9-" 5-
9-15
(quar.)___:
preferred
Van
•
9-15
A
preferred
Universal
9-
9-16
$1.12y2
preferred
25c
/Universal.:CPoler; class
it
5
10-
9-16
9-28
7%
;
-
9-11;
10-16
9-15
9-28
"
9-15
1- 2
9-15.
.10- 2
$1
$1.12%
—
'
1
'
5% preferred (quar.)___——V;
Spalding (A. G.) Si Bros., 1st preferred
Spiegel. Inc., $4.50 conv. pfd. (quar.)
50c
$1.75
10-14
preferred A
8-31
'
preferred
9-1
11-15
—
10-13
10- 2
7%
9-25
$37c
•
,
(accum.)
Southwestern Gas & Electric Co.—
8-31
Steel,
Quarterly
i
9-26
(Dallas)—
Co.
■
1
5
9-30
10- 2
8-19
—'
99-
t50c
10-16
9-15
9-15
9-15
9-30
9-26
(irregular)
9-12-
2
9-15
$5
•
>
Phosphate & Acid Wks.
9-12
10-
Station__;
$1.25
$5
;
9-20
9-
8-31
<accum.)_
(Alan)
$1.25 1-15-45
United
$1.25
$1
10c
40c
$2.50
$2
8-31
9-15
10- 2
9-12
(quar.
9-15
„
9-15
25c
15c
Goodwill
preferred
$5
9-J59
8% preferred (qua,r.)
Southwestern Life
convertible
United Steel
(quar.)
6
30c
(quar.)
S.
8-28*
,
$1.50
$1.75
(quar.)___.
(quar.)
—
The
5y2%
(quar.)
9-13
9-18
: 10c
9-15
9-20.
9-
(quar.)__T
preferred
Oil
*.
50c
Inc.—
(quar.)_.
U. S. Sugar, $5 preferred
8-20
9-
preferred
7%
25c
\
—
preferred
10-16
:
8-31
Light Co.—
Manufacturing Co., Ltd. (init. quar.)
Woodward & Lothrop, common (quar.)
7%
preferred (quar.)
Worthington Pump & Machinery Corp.—
4'/2 % prior preferred (quar.)
4 Va %
conv. prior preferred
(quar.)
10-20
50c
preferred
37V2C
50c
-■
9-15
;
(quar.)
&
10-2
30c
(quar.)—
Leather,, 7% prior pfd. (quar.)
U. 8. Pipe & Foundry, common (quar.)
Common Kfluar.)
United States Playing Card Co. (quar.)
U. S. Printing & Lithograph 5% pfd. (quar.)
8-31
9-15
9-25
95c
$1.50
"
9-20
9-15
10-16
10-16
10c
—_
/preferredv(quar.)L—-™;™—:
6%
9-20
l
10-31
Woods
(quar.)
.$$1.50
,
(increased)...'
Sugar Co.
9-15
U, S. Graphite Co.
U. S.-,Gypsum Co., common (quar.)
7% preferred-(quar.
9-15
10-15
10-15
11-
$1.50
(quar.)
15c
(mon(hly)
prior pfd. (monthly)
prior pfd. (monthly
United New Jersey RR.
9-15
37%c
Southland Royalty
.South Porto
9-30
—
5%
1
$1
—
preferred
non-cum.
37V2C
6.4%
.
5%
Wood
Power
pfd.
'
8-31
9-15
37V2c
34%c
Southern Phosphate Corp__
Southern Railway Co,—
*
" "
Southern
9-5
$1.25
5%
Co.—
Ltd.—(quar.)____—.1
——,
participating
Southern
9-15
6%
_
Investments—
5%
Southern California Edison Co.,
Southern
WJR
$1.12y2
5% preferred (quar.)
Southern Canada Power—
'
9-15
.
—__
preferred
6%
75c
(quar.)
9-11
50c
(quar.)
series C (quar.)
preferred B
9-30
(quar.)
Light & Railway Co.
Common
Inc.—
preferred (accum.)——_——
6%
Wiser
:
9-30
9-
10-16
United Merchants & Manufacturers—
$1.50
5%' original preferred
1
9-20
prior preferred
6%
4V2%
9-20
6,36%
.
7%
8-30
Electric Power,
Wisconsin
1
11-15
11-1
$1.12 y2
1-20
9-11
.
1
8-31
V.9-
2
12-30
$1
2-2-45
9- 5
pfd. (quar.)
Illuminating
United
C
10- 1
9-25
62'/2c
Fuel
9-
9-ilx
f$2.50
Extra
9-15
class A
United
9-A5
10-
$1.50
Wisconsin
10- 2
(quar.)
A
preferred
9-15
9-22
9-22
Wisconsin Michigan Power Co.—
Extra
Co
class
(quar.)
10- 2
l__
1
10t"f
$1.25
10c
9-5
$2
Fastener Corp.
Corporations, Ltd.—
United
9-11*
10-20
9-23
9-15
9-15
9-25
10- 1
$1
$1.50
20c
common
5%
50c
(quar.)
10-
75c
1
20c
Winstead
Hosiery
10-
f25c
9- 5
$1.37Va
25c
$1.75 *
_i___
9-11
—
$5
United Electric Coal Cos.—
2
quar.)—
Power
11-10
9-18
(quar.)
(quar.)
Winnipeg Electric,
.
9-16
Oil & Gas
F.)
Products
Ltd.
9-15
(s-a)
preferred
$iy2
8-31
-
Colorado
11-15
7
1
25c
20c
common
United-Carr
50c
preferred*
9-
8-24
10-
$1.75
9-15
•
Artists Theatre Circuit,
United
9-
Extra
5Vs>%
9-14
9-11
9-8
9-I6
Inc.,—
20c
common
preferred
RR.
Sugar
United
9
9-15
10- 2
10- 2
Pacific
Union
1
9
& Atlantic Telegraph Co., Ltd.—
Semi-annually ___________—____—;62y2c
'Southern California Edison—
;
Wilsil
9-15
preferred
(H.
Willson
9-8
12y2c
Southern
Southern
Wilcox
9-15
2
10- 2
8-19
series B (accum.)
preferred series A (accum.)_;
~
Manufacturing (irregular)
•:—
South Carolina Elec. & Gas, 5% pfd. (quar.)
South Carolina Power Co., $6 1st pfd. (quar.)
Greyhound Lines,
8
3
10-
2
l
$1.75
pfd. (quar.)
(quar.)___.
preferred
9-8
1010-
Stores, Inc., 6%
prior
of Reo.
2
$1
;
Co.,
Holderi
10-
$1.25
(quar.)
$1.25
Union Wire Rope (quar.)
United Aircraft Products, common
,
,
9-
6%
(increased
9-
Wieboldt
10-
1-2-45
4%
9-28
Sorg Paper, 4-6%
Common
$5
50c
Union
9-15
Soss
Southeastern
2
75c
t
9-20
8-31
9-25
9-25
-
—
_
Corp.
1
9-
50c
1
8-1G
9-14
-
(quar.)
Sloss-Sheffield
9-
$$1
$1.50
(quar.)________
convertible
1
9-18
2c
Co
(Wm.)
preferred
$25c
(quar.)
Co.,
Motor
7%
9-11
$1
Quarterly ____i
:
Unexcelled Manufacturing (quar.)
Union Bag Si Paper Corp
Union Carbide & Carbon Corp
Union Investment Co., common—
7.6% preferred (quar.)
9-15
25c
15c
30c
$$1.50
25c
25c
15c
5c
_
'
Extra
Whitman
Disc Clutch Co.
(quar.)
208 So. La Salle St. Corp. (quar.)
9-15
$1.50
(quar.)—
common
Coal
preferred
$1.50
9
-
10-
/■:
Twentieth Century-Fox Film Corp.—
Common (quar.)
$4.50 prior preferred (quar.)
•:
8-31
40c
Steel__
preferred (quar.)
Singer Manufacturing (quar.)
Sonotone
8-31
White
9-
9-20
9-1
¥
(quar.)
7% preferred (quar.)
9-10
2
Co.
Tubize Rayon Corp.,
9-10 >
25c
&
& Sons,
7%
v.
8-10
tl5c
$$1.75
$1.50
Co.
Saw
(H.)
5'/a%
9-
(quar.)
$4
Insurance
(quar.)25c
Truax-Traer
'
25c
t20c
J20c
—
—______
common
Insurance
8-25
9-11
1
Trinity Universal
Company, common (quar,)_.
5% preferred (quar.)
Troy & Bennington RR, (s-a)
^
9-1
50c
50c
(quar.)
Dairies, Ltd.,
Manufacturing
9-15
10-
Trion
7
Breweries
(quar.)—
participating preference
Simmons
1
class A
(quar.)
Signal Royalties Co.
Silverwood
—
(quar.)
Signal Oil & Gas Co.,
Class
—
Co.______
Breweries,
40c
___—
—___—
Manufacturing Corp,_
Shuron
Sicks
preferred (quar.)
Co. (quar.)
(P. G.)
Trust
8-25
$$1.75
Corp.___
General
9-15
$5 convertible preferred (quar.)
Whitalcer Paper, common (quar.)
7% preferred (quar.)
$7V2c
(quar.)_____
When
Pay'ble
25c
9-11
50c
:
„
Royalty (irregular)
Brothers, Ltd..
Travelers
common
35c
Bell
Towle
9-15
9- 5
25c
$1.25
10c
5c
35c
$25c
Corp., common
convertible
1*
10-20*
10- 1
10- 1
10c
__
Shattuck
Tom
5
Corp.,
Share
2
10-
Twin
Co.;
Semler
Todd Shipyards
10-201?
9-15
9-15
9-15
63c
$1.25
12 %c
15c
23c
_
Selby
8-31
Name of Company
50c
Tip Top Tailors, Ltd., common
7% preferred (quar.)_
;
8-31
Per
of Reo.
10c
(quar.)
preferred (quar.)_.
Timken-Detroit Axle
9-10
9-
$1.12V2
_______
common
convertible
10- 1
9-15
9-15
9-15
(quar.)
Holderi
Wheeling Steel
Time, Inc.
10- 2
9-15
Co.
Seaboard Oil of Del.
6%
$1.40
:
Payable
Co.—
(quar.)_
Roofing Co.,
$2
50c
Scovill Manufacturing Co.
Sears
Tilo
Oil
When
thare
Company
Associated
$4.50 preferred
10- 2
...Scranton Electric Co., $6 pfd.
Securities
9-11
Water
$1.37V2
25c
$1.37 Va
12'/2c
preferred' (quar.)
$4.50
preferred (quar.)
Surety
Tide
10- 2
___'
pfd.
$4
Seaboard
Name of
'
—
Schwitzer-Cummins
Scranton Lace
10- 2
1
$1.87 Vi
(quar.)
Schenley Distillers Corp., 5Vzfy
Schiff Co., common (quar.)___
5J/a%
preferred (quar.)
Echlage Lock Co. (quar.)
Paper Co.,
9-
$1.62 V2
___
8% debenture A (quar.)__
Schenectady Railway Co
.
Per
of Reo.
$1.75
(quar.)—*
(quar.)
debenture B
Holder1
9-15
$3
(s-a)
■■■x
Scott
Payable
25c
Power,
debenture D
debenture
7V»7o
;
When
thare
c
(irregular)
1117
Inc.
Atlantic Brick &-Tile Co., 6%
Co.,
5s,
Eastern
Corp.,
$12
Holding
Republic
1926,
Corp.,
series;
Corp.
of
of
Peru,
December,
1931_____
Co.,
($1
Inc.
($100 par)
prior pref
$21 lot
par);
($10 par.t___
$45 lot
$6 lot
Monday, September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1118
Security
Foreign Exchange Rates
•
Pursuant to the requirements
RATES
EXCHANGE
CERTIFIED BY FEDERAL
SEPT.
countries of the
rate for cable transfers in the different
tifying daily to the Secretary of the Treasury the buying
world.
We give below a record for the week just passed:
FOREIGN
The
of 1930, the Federal Reserve Bank is now cer¬
of Section 522 of the Tariff Act
United
In
Value
States Money
.297733*
Free
.297733*
.251247*
.■/■'/ .297733*
.060602*
.051803*
v
_
Canada, dollar—
.060602*
,060602*
'.051803*
.051803*
.051803*
.896640
.572766*
.572766*
—
.909090
.891953
.895267
■
''■/ .572766*
-
the
4.035000
4.035000
.301215
.301215
.301215
.301215
.205800
.205800
.205800
HOLIDAY
.205800
.205800
at
.894166
.894166
.892916
.889375
3.244203
3.244203
3.244203
3.980000
3.980000
duction
.658300*
.658300*
*658300*
.658300*
.658300*
.541812*
.541812*
.541850*
.541850*
.541850*
Decrease
(—) Since
hind and
39,500
1,613
261,292
—
7,352
—1,667,850
+ 338,195
—
46,020
18.999,095
104,630
10,056
—
48,465
19,331
22
1,375,675
33,981
—
1,570
+185,633
4,500
+ 4,453,738
+2,150,440
+ 352,471
3,000
262,622
—
-
—
,
'//t/;!-- /'//'//ZZ
...
Industrial loans__™„_—...
+
—
+
to
in
10,305.965
-
3,381,990
1,075,871
Certificates
Notes
Bonds—
—
1,266,426
-
—
"'' '•
.•'
Total U, S. Govt, securities■
16,030,252
+197,442
136
Total loans and securities
+6,694,027
+178,133
16,144,938
(incl. guar, sec.)
—
;
_—
Bsje from foreign banks™
73,587
S+R. notes of other banks
—
1,579,504
Uncollected items
+
+6,726,438
+
+
+
6,442
93,925
premises--—34,528
—
34
65,464
—
1,468
ether assets
■■
—
Total assets—^-
18,458
155,357
4,016
—
—
,
2,408
+ 5,518,163
+234,958
36,897,252
-
9
for
19,864,779
Deposits:
+
+4,753,641
+169,725
13,221,142
Federal Reserve notes
354,012
+
35,896
+
130,338
347,794
1,404,088
+
7,187
+
244,051
U. 8. Treasurer—gen. acct.—
Foreign—,
Other
88,883
—
17,842
+
797
obligations
obligations
917
__
+
266
+
54
+
-
—
Treasury bills- •__!_:
_^!
:
Treasury certificates of Indebtedness
4
7,404
+
3,422
+
2,550
'5
+
600
.+
2,960
+
Other securities
Reserve with Federal Reserve Banks
+
148
+
29
9,031
574
Cash in vault..—
Balances with domestic banks
+ 3,268
15
Obligations guaranteed by U. S. Government
2,096
447
—
7
—
19,537
U. S. bonds
43
+
48
+
11,057
20
—
—247
3,077
^
74
—
9
+
897
+
1
—
1,308
Treasury notes__
-
—
.
:
—1,218
1
25
+
—
172
71
+
36
—
Ill
+ 697
11,146
•—683
Domestic banks
•7
—
881
—
32
636
1,159
+
+ 8,029
—
8
1937
U.
S.
Gov't
1940
—
1941
1942
__
1943
_
,•1944 '
1,216,075
—
50,095
+
months
Purpose—Net
Total liabilities
—
17
+
;
.
+233,737
159,540
•
18
+ 5,482,423
+
26,965
Other capital accounts
89,642
:
//
____
1,203
+
10,369
+
+
188,097
Surplus (Section 13bi
36,897,252
F. R. note liabilities combined
54.0%
Commitments
136
to
make
'
Indus-
—
The
only
set
was
.5%
—
'
'
+
—
Butcher
13
—
made
was
Orlando,
by
by
The condition statement of weekly reporting member
banks of the Federal Reserve. System in 101 leading
the
following principal changes for the
week ended Aug. 30: An increase of $697,000,000 in de¬
mand deposits adjusted and a decrease of $683,000,000 in
Court
Seaboard Railway Co.
Robert F.
conducted the sale.
The price
the minimum which could be accepted.
as
1944
1943
1942
$314,444
61,209
—
$307,737
51,704
$303,705
46,634
Note—No
the
Fund
fying
as
provision
mutual
a
has been
income taxes, since
by quali¬
the Internal Revenue
for Federal
made
investment
$257,070
242,283
$256,033
256,281
$253,234
257,808
these taxes,
to minimize
expects
in prior years,
as
under
company
Code;
Securities
side cf the city of
Chicago; the total decrease at all re¬
porting member banks was $247,000,000.
Holdings of
Treasury certificates of indebtedness increased $48,000,-
——
Govt,
tion,
securities
$2,035,562)
bonds
tion,
and
3,000
Co._
3,000
2,000
Mead. Irvine & Co—_____
Doolittle. Sciioellkopf & Co.
McAlister, Smith & Pate,
5,000
adjusted increased
in
all
districts,
the principal increases being $335,000,000 in New York
City and $144,000,000 in the Chicago District; the total in¬
reporting member banks
was
stocks
Common stocks
Dividends and
Total
(cost
amortiza-
premium
bond
2,038,050
-
——
less
$2,561,505)
—
,
(cost, $7,170,356)
interest
-
receivable—,
—
I
92,277
_
$18,125,242
—
___
Taxes
United States Government ^de¬
posits declined in all districts, the principal decreases
being $293,000,000 in New York City, $101,000,000 in the
.Chicago District, $49,000,000 in the Boston District, and
$46,000,000 in the San Francisco District; the total de¬
crease at all reporting member banks was $683,000,000.
Deposits credited to domestic banks declined $22,000,-
Net
—V.
159, p.
and
L_ ~
jn
1
policies.!
insurance
___
—
per share——
—*
-
—
1,296,95^
:_..™!._;
18,200
8.203
95,655
149,016
445,208
tax
profits
/V',"/4.335;'
1,283,105
17,200
8,203
462", 828
18,302
11,641
1
./•;
*
$3,306,96^1
$3,854,961
-
Liabilities—
Accrued
.'5,000
5,000
406,035
463,444
f. 193,408
:
trade
payable,
131,181
45,169
1,286,549
1,029,772
commissions,
stock (par
surplus
Earned
225,000
—
—
225,000*
192,566
surplus !
-V.
90,000
90,000
payable
$1)
notes
mortgage
185,260
161,118
s'ocial securities, etc., taxe3
insurance, etc., expenses
for Federal taxes on income
Federal withholding,
Provision
63,755
6,982
15, 1944__
wages
Accrued
$400,000
$400,000
contracts
! 360,623
mtge. note, payable Dec.
Accounts
192,566
589,907
160.
413,589
$3,854,961
$3,306,963
is
770.
p.
>*
1944—6 Mos.- -1943'r
Fed.
$3,G06,443
497,582
106,924
92', 149
*1,091,593
198,931
150,000
167,699
150,000
159,983
300,000
337,888
taxes-
'79,950
1,920
profits tax_
119,501
retire,
excess
in lieu of
Net
res.
-
& State inc.
178,030-,
119,501
r-.-V.-V.
/
:•'
/1
;
147,323
49,108
147,323
$331,752
income
$364,061
$731,392
$788,919
70
838
$732,485
$789,757
233,810
458,70V
355,373
$130,321
-
123,123
deductions
1,094
•
$364,131
$331,793
income
Gross
173,095.
300.000
305,329
77,080
inc. &
taxes-
income
Income
982,721
41
profits
oper.
Other
2528.
;
taxes
excess
Mos.—1943^
$2,777,466
$1 413,018
546,019
for
Approp.
1944—12
-nA*
-
$1,501,846
revenues____
Maintenance
Fed.
$18,091,256
$94.46
Earnings—
Southern Colorado Power Co.
Period End. June 30—
Operating
Operation
assets, applicable to 191,521 outstanding no par shares
asset value
$377,112
Shawinigan Water & Power Co.—Earnings—
! 6 Months Ended June 30—
Gross
Fixed
Exchange—
for
——
depreciation
Provision for income
Net
1943
1944
5,284,855
1,775,328
130,911
1,500,000
5,974,780
charges
Provision
Net
$12,119,585 $12,172,652
revenue
Expenses
and
excess
1,731,013
!
/'"
130,969
_•
1,500,000
profits taxes
1,674,007
profit
Dividends
._
—
2,490,747
$990,812
980,213
$1,108,816
980,213
Surplus
for
Earnings
per
p.
159,
half
share
2456.
year
$10,599
$128,603
___
__
$0.51
'
$0.45
$208,670
income
$331,054
Accrued Dividend—
accumulations
Sept.
15
March
ages
to
15
as
on
June
this
1944
Sales
Net
profit
share
amounted
•
" -
June 30—
™.__:
after Federal
on
stock,
par
$100 payable
$36.25
to
per
'
:
'
share—V.
.
Co.—Earnings—
Soss Manufacturing
Per
year,
,
Months Ended
preferred
31. A like amount was paid on
and in preceding quarters. Arrear¬
Aug.
record
15,
15,
June
at
cumul.
7%
the
holders of
and
2456.
p.
6
—V.
B
788,283
1,084,104
4,357
reserve)
products,' finished
Note: payable: to bank..
Advances on U. S. Government
$7,402
,
accrued—__
(stated value $25)
Net
Sheet
receivable
and
Total
26,583
accrued-.
District, $13,000,000 in the Atlanta
District, $12,000,000 in the Chicago District, and $61,000,-
r'"j;£<*S5
(less
receivable
accounts
excess
General
Other expenses
2,000
"_____
5,000
,
4,839,010
2,707.070
8,357,400
—
._
(cost,
v '
'Liabilities-
$697,000,000.
Time deposits increased in all districts and the total in¬
Inc.
5,000
.
Co
refundable (est.)—
Property, plant & equipment (net)
Prepaid insurance; interest, etc.. charges...!..
Licenses, patents and trade-marks.
Federal
$33,986
3,000
&
Clucas
E. '/W.
5.000
5,000
,___
___.
of
Chgs.
<00 at all reporting member banks.
J. C. Bradford & Co
.
Total
amortiza-,
premium
<eo.
<00 .in the Kansas City
4,000v.
»
bond
less
_____
notes
$4,355,331)
Preferred
(cost
$91,435:
*
—-
Investments, at quoted values:
U. S.
Value
Capital
Assets-
Holdings of Treasury bills declined in; nearly all dis¬
tricts, the principal decreases being $121,000,000 in New
York City and $51,000,000 in the Chicago District out¬
•
/:
.
Taussig, Day & Co., Inc.—
5,000
...
Paid-in
June 30, 1944
Assets,
'
Other
$32,000,000.
4,000'
Co., :
4,000
Insurance,- etc., deposits
First
'
Statement of
deposits.
$55,000,000 and other loans for the same purpose
Reclined $54,000,000, both largely in New York City-
was
;
materials
First
Income, before gain or loss
from security transactions—
Dividends paid
creased
crease
&
Moore
Inc.
process
114.
income-
Cash
all
7,000
Other- accounts
the
Expenses
Commercial, industrial, and agricultural loans declined
$22,000,000. Loans to brokers and dealers for purchasing
cr
carrying United States Government obligations in¬
at
Hano_
T.
Berwyn
"
Net
deposits
7,000
Newburger &
Customers'
Scudder, Stevens & Clark Fund, Inc.—Earnings—
7,529
Condition Statement of Member Banks
Demand
4,000
Edwards & Sons.;
May 31, '44 Dec. 31, '43
/'.//Assets— v v/.;,//// ;::S;>::'//
$563,895
Cash in banks and on hand________—' $802,053
50,109
U. S. Treasury certificates
50,073
Master,
Special
District
159, p.
Total
United States Government
G.
A.
Sherrerd
&
____
14.3%
,
•
bid
of
6 Mos. Ended June 30—
shows
Shares
Courts & Co
Alstyne, Noel & Co.__ 10,000
7,000
Hemphill, Noyes & Co
Raw
2,451
+5,518,163
+234,958
3,931
respecH^I
purchased by each are as foHows:./
to be
number of shares
unber
andthe/
the underwriters
of
names
Schoellkopf, Hutton <fe
Pomeroy. Inc.
(Continued from page 1084)
—V.
trial loans
peace-time opera^',/...
!r:
of plants to
for readaptation
Underwriters—The
Johnston, Lemon & Co
11,304
27,686
+
Howard
Total liabilities & cap. accts._
dfc&tie of total res. to deposit &
112,636
and
($80,000).
First Securities Co. of
General Corporation and
Investment News
'■
dtopita! paid in—
Ctirplus (Section 7i
141.685
174,243
510,573
1,255,933
capital ($572,500) for mechanization of factory opera?
($100,000).
Consolidated Balance
1,865
36,433,008
;
tion
tions
115,480
8,674
1 Capital Accounts—
61.001
t29 014
+47,110
+26,546
:
+47,110
.+26,546
ditional working
Straus
Other liabs., incl. accrd. dlvs
,
11,138,457
5,929,104
-
V •Five
$173,322
35f,187^
( 673,805 / " 176,31 J
ended May 31.
tLoss,
;
' "
'
proceeds (estimated $752,500) will be used for, ad?
—
Chicago
Hill, Richards & Co..
48
—
accounts,
during week
Deferred availability items
—
Net Income
$228,552
69,324
+29,014
611,437
—
15,343,480
-
—
—
.
Fed. Taxes
$1,829,754
1,886,709
1,467,878
1,597,638
1,221,685
2,286,150
5,441,064
____
/
83
+
35
deposit accounts except
and
^
Net Before
302
61
+
53
________
_
demand
to
interbank
+
8,515
_
_
225.000
15, 1944,
•' '"l 1
Earnings
of
Net Sales
Emanuel & Co
Foreign banks.
_
$1
1
•
Van
35,097
7,074
deposits-adjusted
Time deposits.;.—
U-. S. Government deposits
Interbank deposits:- -
90,000
200,000
Shares
LiabilitiesDemand
Oebits
1945,
1939
3f
338
Loans to banks
Borrowings
(par
1938
54/
T-
1,071
Real estate loans
Other loans-
9(
-
carrying:
$95,000
——
(shares)
600,000
money obligations due $5,000 annually on Dec.
1946, and $80,000 on Dec. 15, 1947.
stock
v
/ v:V
Outstand'g
Authorized
—
-^Purchase
1936
55)
+
596
U. S. Government
mortgage 4'/2% .notes.
Capital Stock—
Preferred stock (par $5) (shares)™*
Calendar Years—
Other securities
Other loans for purchasing or
149,930
+114,124
364,238
Total deposits
/Financing;;":"-
•First
249
chasing or carrying:
v
-
bank—reserve'acct...
+
pur-
___
Liabilities-
+ 1,361
22
—
£
Giving Effect to Present
Capitalization, After
and
Debt
Statement
5,984
—-
—
Other securities
-
—
+ 8,961
21
—
post-war demand
it is expected that condensers will have a
Funded
•
and agricultural
dealers
and
brokers
to
—206
11,065
industrial,
loans__.
V. S. Govt, securities:
Bills
devices
radar and electrically controlled equipment.
•
experienced no severe problems in adapting itself to warand it anticipates no serious problems in readapting
peace-time activities.
Due to the present war-time curtail¬
the manufacture of
civilian radio and electronic require¬
Common
$
s :
55,700
Investments—total
Loans—total
Loans
Decrease (--) Since
9-1-43
8-23-44
JC
Assets-
U. S. Government
Total reserves—
Biecounte and advances
(+) or
Increase
■/
Commercial,
—
18,284,865
452,938
due from U. S. Treasury
Redemption fund—F. R. note3_.
Other cash
A
//!!!!X$'V.:
$
devoted
are
eliminating
.;
Loans and
Sep. 8,'43
Aug. 30, '44
Sep, 6, '44
Assets—
At the present time almost all of its pro¬
to the manufacture of condensers and
for the armed forces for their com¬
appliance fields.
■/::
1
(In millions of dollars)
8-30-44
Increase (+) or
Cold certificates on
liabilities of reporting
of the assets and
member banks follows;
summary
thousands of dollars)
(In
crease
*
operations
ment
Federal
Reserve Banks Combined
cities
the
reasonable diligence in
of
Company
itself
Statement ef Condition of the 12
•.
end
the
at
munications.
time
ments,
.
commencing with quarter-yearly period
set aside on or before 45 days after
subject to the right of the company
of each fiscal year the amounts in such
period
1944. shall be
such period,
facilities
interference
A
.
back
household
3.980000
3.980000
3.980000
•Nominal rate.
Member
share per annum;
at the rate of 55 cents per
manufactures fixed capacitors, also known as
fixed condensers,
which are a necessary element in the construction
of a wide variety of electrical devices used in the radio, industrial and
3.244203
Noncontrolled
•
30,
each
of
.895416
Uruguay, peso—
Controlled
»
r
Feb. 15. etc.
Redeemable at any time in whole or
days' notice at $11 per share, plus dividends.
Con¬
the option of the holder into iVz shares of common stock.
fund equal to 20%
of the consolidated net earnings for
Sept.
3.244203
pound
Union of South Africa, pound.
.
>
30
fund not expended after the exercsie
purchase of shares of preferred stock.
.909090
.909090
.909090
.909090
.909090
-Official—--——
Free
—!
—
New Zealand,
Bank
Al-
Stock Offered—Van
—
Business—Corporation
Newfoundland, dollar—,
*■
H
members
Other
quarter-yearly
close
receive
to
4.035000
4.035000
Mexico, peso
on
ending
.301215
_.
India <3ritishj>, rupee™
vertible
part
each
4.035000
England, pound sterling
in
.572766*
.909090
.909090
.896875
.572766*
_
Colombia, peso
share.
Retirement
.90909C
.909090
.897968
Official
Free__'
Manufacturing Co.
Cumulative dividends
.051803*
.060602*
.
retirement of all outgold bonds, with interest
in the aggre¬
announced the
25
payable quarterly
.060601*
—
Free
Aug.
on
first mortgage leasehold series
18,
of the offering syndicate
include Hemphill, Noyes & Co.; Butcher & Sherrerd,
and Newburger & Hano.
3.228000
3.228000
3,328000
3.228000
3.228000
.
Official
.251247*
.251247*
-
Australia, pound
Brazil, cruzeiro—
.297733*
.251247*
/
.297733*
.251247*
Official
:
$
5
S
$
Argentina, peso-
Sept. 6
Sept; 5
Sept. 4
Sept. 2
Aug.
per
Sept. 7
'
Sept. 1
j~
styne, Noel & Co. headed a banking group which on
Sept. 7 offered 90,000 shares of series A convertible pre¬
ferred stock (par $5).
The public offering price is $10
York
Rate for Cable Transfers In New
Noon Buying
Country and Monetary Unit
Calif.—
Angeles,
Los
Inc.,
last.
The bonds were issued Aug. 1, 1926,
gate principal amount of $850,000.—V. 158, p. 897.*
to
Solar
'
1944, INCLUSIVE
corporation
standing 6J/2%
OF 1930
RESERVE BANK TO TREASURY UNDER TARIFF ACT
1 TO SEPT. 7,
Building,
Title
Retires Leasehold Bonds—
-
taxes
190,000 common
.
,
-!
—
(bef. renegot'n)
shares
'/
.
159,
vv
•
1944
.
$1,659,000
165,745
$0.85
1943
$758,000
64 220
$0.33
hid
company's backlog of orders as of June 30 was $2,083,000, suffi¬
operations well into 1945.
^
Soss, President, stated:
"'Because the company has no impor¬
conversion problems it will be able to return to large-scale peace¬
The
>
Standard Gas & Electric Co.
cient to maintain capacity
C.
Period End. June 30—
J.
tant
time
Operating
quickly."—V. 159, p. 1598.
production
revenues
Operation
Portland
Spokane
July—
Net
from
Net
ry.
'•
From Jan.
Gross
1—
ry.
519,696
289,837
1,843,226
5,867,560
6,765,264
6,597,088
13,404,445
12,800,650
prof, taxes.—
3,950,635
4,157,954
7,980,106
8,046,569
538,448
580,388
1,109,397
1,197,040
3,722,294
3,787,866
8,085,126
10,128,310
4,697,881
6,891,899
2,474,360
2,866,761
7,230,861
inc.
Fed.
for
for¬
Net
Southeastern Greyhound Lines (&
tax
1944—12 Mos.—1943
income—
oper.
.
Net oper;
rev.™-
$2,215,721
5,105
$1,976,764
_
9,983
income
Dr383,308
Dr558,674
Dr708,053
16,229,027
30,660,879
30,893,989
Income
Divs.
$8,248,608
40,575
6,293,918
6,448,820
12,617,126
12,613,024
__i_
deductions
stocks
capital
on
held
by public
Minority int. in undis¬
net
inc.
of
3,998,339
Fed.
$7,152,495
of
Other
26,666
Gas
1,653,030
5,771,285
5,082,448
19,839
33,202
Crl47,299
Crl65,303
107,989
Cr262,857
Cr475,132
98,920
tax
1,473,056
profits tax-
excess
income
State
$8,289,184
17,695
455,067
2,036
deductions
income
taxes
refund
Post-war
-Based
8.155,212
8,088,386
256,519
266,095
437,511
may
$2,200,005
5,712,713
$8.11
5,448,945
9,517,856
9,818)531'
Inc.
Co.—
307,002
307,086
614,691
614,594
6,019,715
160, p. 871.
Elec.
&
5,756,031
10,132,547
10,433,125
&
Co._
5,776,816
of Standard
Electric Co.
518,703
232,882
242,899
income__
net
chgs,
Gas
Consol.
Ry.- -Gross Earnings—
Southern
10 Days
Ai
Jross
earnings
s-V.
160,
elimination
1943
1944
1943
$8,780,693 $229,455,859 $218,136,083
1944
$9,376,325
•
-
net
5,523,149
1,829,824
income-
Note—1943
Jan. 1 to Aug. 31
End. Aug. 31
figures
the
of
date
522,721
9,910,404
9,613,844
1,845,716
3,720,273
3,666,745
3,946,992
revised
for
3,677,433
comparative
Southern
of
accounts
5,947,099
Period End. June 30—
Inc.
Trading Privileges—British Stock Issued
Unlisted
The
Corp.,
Curb
Accordingly, the American depositary receipts representing
Power
American depositary receipts- will not be
* York
Curb Exchange^ • - -
and
to
Net, doss after charges
^"Company
;
•
states
Net
Net
ry.
Gross
Electric
totaled
Net
^.Operating profit——
.
979,415
1,064,368
043,509
$5,231,153
-
37,893
,r
.
The
in
$7,275,979;
the
" 1~006
~~782
44,105,
income
48,686
63,260
11,838
33,69&
.1,219,301
1,010,989
754,757
--682.886
577,786
397,373
257.052
income—
433,733
358,445
293,087
170,701
>- >■'■>
i.
/
.
v
.•
:;
v
(including sales to Thompson Products, Inc., and
:.v
/.v
amounting to $3,343,904)
$30 804,063
—
income
102,311
?■*';.I'':.■ '■■''} "■
V,
.
,T;'i.
T
Cost
;;
—
of
products
General
and
:
,
expense
administrative
expenses
Thompson Products, Inc., in accordance
agreements covering royalties and management—
Development
Federal
general
products...—
new
income
on
for
with
-
501,287
245,821
expenses,
taxes
.
26,612,963
286,592
of
Interest
sold
- -
$30,906,373
.i
and
current
contingencies
43,015
t:
■
—.
2,340,240
(est.)
contingencies——
150,000
Net
profit
Earned
$426,453
—
surplus at Jan.
1944—,.
1,
511,093
surplus at June 30, 1-944,—
$937,551
kwh.,
,
this
134
Substitution
13,433,000
5,281,107
3,913,191
pany
2,950,000
$767,322
421,360
47,500
50,000
reserves,"
oil
Sylvania
volume
"VT"
a
for
7
loan
is
the
The
are
among
the
to
Stanolind Oil & Gas
which
the
to
Net
ry,
Gross
became a
income
Total
from
Net ry.
Trust
Co.
The "VT"
largest
to
former
"V"
$20,000,000
of
New
int.,
to
York
and
of
Res.
gen.
for
and
The
the
volume
and
Its
•;
of
$5
cum.
Vdivsi
"
Earnings
Colonial
Radio
Colonial
amortization;
90,153
61.295
66,566
items,
51,398
24,907
31,996
478,957
262,368
255,763
325,544
" **,' V"
"
.
1944—3 Mos.—1943
$1,724,852
1,452,885
v'
$1,730,985 $19,597,920 $18,224,736
1,105,744
14,940,880
12,936,838
$625,241
$4,657,039
$5,287,898
199,322
193,889
-2,284,013
2,216,658
$72,643
$431,352
$2,373,026
Dr3,412
9,203
30,658
$3,071,240
.
208,914
$69,231
$440,556
$2,403,685
$3,280,154
w—
172,887
198,965
2,098,685
2,394,889
net inc..
'$103,655
$241,590
$304,999
$885,265
income—
comb,
*
of which
Total
(less
operating
Total
net
operating
of
income
on
dated
Total
operating income
Total non-operating income
70,722 '
*
221,617
'
295,473
♦
295,490
295.49*>
$2.56
' $2.8?
tlncludes $7,153
1943;
months
six
in
$341,602
$181,890 in
under
amounted
tq
including
1942,
1940.
Sheet, June 30, 1944
Aircraft
from
amount
other
Products
Co.)
Dominion
Canada)
of
(esti¬
investments, $13,002; property, plant and
intangible
assets,
$79,415;
deferred
total,
$28,968,091.
payable
taxes
t,o
than
income
on
'
banks,
(other
taxes
purchased
on
current
and
taxes
held
and
$450,000:
taxes
and
Dominion
on
$8,462,246),
Feb.
stock
$8,878,739;
{
24.
for
payable,
accounts
income)
and
sundry
(estK
contingencies
less
U.
of
payment
S.
Treasury
Federal
taxes
$2,661,821;
1941.
(299.737
shares,
no
total. $28,968,091.—V.
par),
160.
p.
$3,126,310;
873.
earned
.
.
'
.
surplus,'
"
.
Tide Water Associated Oil Co.—New Vice-Presidents
H. S. Chase
and
and Drew L.
Richmond
K.
service-with the company,
continue in charge of manufacturing
Hines. with the company for more than
21 years in engineering,
construction and transportation operations,
will continue in charge of transportation and supplies of the Eastern
division.
Mr. Kelly, who has been with the company more than 15
years,
will continue to. have charge of the Eastern division marine
transportation department.—V. 160, p. 1024.
in
refining operations-
the
Eastern
division.
Mr.
'
from
1943
1942
Net
from
$1,479,120
1,080,840
Net
ry.
$404,238
$528,301
188,707
$339,593
•
$398,280
190,684
railway
railway
From Jan.
Gross
Net
income.—
oper.
from
3,337
3,037
from
$342,630
$225,680
171,797
178,848
208,350
$241,590
$304,999
$385,265
RR.—Earnings—
*
1943
"
1941
-1942
$464,317
272,966
$353,925
188,837
$314,622
140,575
228,116
161,504
107,670
38,296
3,151,104
2,755,608
1,464,778
1,563,072
1,845,000
1.586,953
472,125
618,291
1,486,392
1,374,809
276,490
239,141
$248,447
97,489
railway—
income™
160, p. 572.
18,085
$214,343
—V.
1944
1—
railway.™
Net ry.. oper.
$207,595
will
He
Toledo Peoria & Western
$1,679,184
1,150,883
-
appointed Vice-Presidents,
made Assistant Vice-President,
than 22 years of
more
of
Gross
,
Hines have been
Kelly has been
Chase, has had
Mr.
$211,005
k'
revenue
Total taxes
:
_
promissory notes payable to
maturing in equal annual instalments of
$450,000 (1945-1950), $2,250,000; reserves for general contingencies,
$1,460,474; reserves for workmen's compensation and other insurance
reserves, $192,389; 5% cumulative preferred stock (par $160), $4,500,000;'
banks
$1,732,309
1,328,071
expenses
in
Balance
the
for
Thompson
July—
revenue
^8.750
-'
147,744
prior years,
1941, and
of
payments
series,
tax
193,232
operating
-
$923,19?
S5,256,8G8;
accrued
$1,800,073:
1944
Total
.66,613
-
"
$2.96
for
amortization)
Liabilities—Notes
i
$271,966
rev.—
*•
•
1944—12 Mos.-^1943
<
$824,477
295,919
depreciation
$206,815 in
(net),
$3,648,285;
common
revenues—
'Loss.
:
'.
Corp.—Earnings of System—
expenses—
deductions
Total
•
(Railway and Bus Operations)
Total -oper. income—
Total non-oper. income-
,
'
for
$629,996;
mated)
487,351
Cr345.802
$3.36
$1,324,406;
charges,
1941.
1,685,037
™
$942,221
299,737
'including refundable
$255,300
538,471
■
.
Assets—Cash, $6,296,621; notes and accounts receivable, trade (less
reserves
of $144,296), $6,397,655;
inventories, $7,843,773; investment,
in capital stock of subsidiary not consolidated, $905,444; sundry re¬
ceivables. advances, etc., $220,971; post-war refund of excess profits
1942
2,266,133
_
*
-
■
adjustment
(Exclusive
$322,859
882,512
-
prior years.
(includes
$520,079
equipment
2,735,245
>
149,868
Note—Provision
taxes
794.304
-
'.. .112,500
share
for
535,294
1,811,284
300,000
out-
par)—'
$83,617
provision
385,797"
-
...
v
...
—
stk.
per
*After
*
(no
50,104
,
pref.
pr.
com.
1943
2,961,531
■ -'
'
in
(cash)
"'.standing
1943
income—
gross
.
$3,269,777
t3,955,972
-
■
$1,119,572
conv.
of
$368,676
taxes
Total
:
/--
•
■
-,96,515
$5,120,443
^
invest,
(cash)
divs.
38,781
railway
re-
-r'
-
272,115
*6^449,640-
;
notes,
Total net oper.
Total
-Va
1941:'
7v:,
.
250,000 >
profit
$397,420
Period End. June 30—
Total
:,
-$5,023,928 >' $3,219,672
489,159-
Co.
lighting
total
1—
...
oper.
;
Co.L>
1942
$7,603,976
5,962,250
Thompson Aircr. Prod.
the
Ry.—Earnings—
railway——„
oper.
~
$7,174,817
•
-..221,139
conting.—-
for
serves
r-
taxes—.
Consolidated
electronic
industries.
war
roy-
•
--
income
loan
in
agreement carries the usual
suppliers
and
Third Avenue Transit
Total
Products
1943
$7,552,991
etc. '•
-
95,884
■
Total
:
573,327
income
exp.,.-.
alty,
l
con¬
owned subsidiary in May of this year,
first six months of 1944, Sylvania reported
income™
oper.
"
Aircraft
$0,979,664
—
Federal
Com.
its
for
$10,000,000
Guaranty
railway
—V. 160. p. 572.
Transamerica Corp.—Axton-Fisher Stockholders Seek
Total
viduals.—V." 156,
—V.
the
wholly
For the
railway
oper.
Net from
Total
2141.
"On
net-sales of
From Jan.
geological unit known as the Picacho unit area
is land in the public domain, under the jurisdiction of the Interior
Department.
The rest is- owned by the State and by private indi¬
p.
Operating profit w„:
1944
from
of the board of direc¬
Co.—Prospecting Approved—
the
J
Reinstatement .--of
approximate rate of
an
Earnings for the Month of July
Aug. 29 announced its approval of an
agreement with the State of New Mexico to permit the above company
to prospect for oil in'the 20,471-acre Picacho unit area, in Lincoln
County, N. M.
.v-,. >
of
declared.
Pew
agreement
$60,000,000,
Tennessee Central
Net
Thompson
$41,179,323 $39,442,656 $27,-381,680 $19,349,36534,199.659
32,267,839 -22,357,751 • 16,129,692-
etc
expenses,
mated),
from
159,:p, 2239.
1944
sales
Other
did
company
$40,320,350, which included sales of
for the single month of June of $3,195,185.—V. 160, p. 771.
Gross
Interior Department on
52%
the
the agreement, was completed by com¬
financing of its War Production Contracts.
Government
$56,000,000.
consolidated
of
6 Mos. End. June 30— '
Devel.
•
The indus¬
states.
production
Mr.
from
Bank of Boston.
Jersey)—Resignation—
31
of
v
amounted
Corp.,
was
trade
retired after 42 years in the oil business,
31 were spent with this company.—V. 160, pp. 471, 572.
ci. ..v.
.;>■ v.; :./•/
Aug.
(Exclusive
Net
-
producers, 10 gas wells and 66 dry holes.
July—
-
total, $16,151,535.—V,
Thompson Products, Inc. (& Subs.)—Earnings—
Net
"increase
permissible under
involved
products
Sheet, June 30, 1944
McCobb, Controller and a member
$937,551;
guarantee of the Navy Department of the United States.
$1,397,346
421,360
$1,155,174
! 421,360
43,625
1944 $243,956 and in 1943 $389,436 for
Standard Oil Co. (New
increased
an
Sept.
on
Banks
'
Thomas C.
$1,323,221
of crude oil in the first
46% compared with the
barrels
increase
an
greatly
were
of
and
agreement
>1; patents, $1; deferred charges, $193,298; total, $22,844,371.
Liabilities—Notes payable to banks, $5,000,000; trade accounts payible, including provision, for renegotiation adjustments, $5,445,038;
>ayrolls and income taxes-withheld therefrom, $1,320,540;. .payroll taxes,
>220,904; dividend on preferred stock, $20,000; accrued taxes and other
!xpenses,
$921,008; Federal and 8tate taxes on income (less U. S.
Treasury notes-rat .cost-and-accrued interest, to be applied in payment
>£ Federal taxes of $5,318,100), $704,834; reserves for wartime and
)ost-war adjustments,. $250,000; reserves for post-war rehabilitation of
Ilants
$250,000; reserves .for contingencies, $73,000; 5%
cumulative
avertible preferred stock-(par-$100), $1,600,000; common stock (par
•il), $421,360; capital surplus, $490,041; earned surplus, $6,127,647;
total, $22,844,371.—V. 159, p. 2237.
r.l
_
decrease of 4.3
a
year,
existing
which
%
.
Philadelphia—Output Increased—
this
achieving
deplete Its
Sheet, June 30, 1944
Assets—Cash, $7,403,448; accounts receivable (assigned), $3,453,557;,
inventories, $4,153,197; post-war refund of excess profits tax (est.),
$446,078; sundry receivables and deposits, $18,292; fixed assets (not
including property, plant and equipment owned by' Defense Plant Cor¬
poration and leased to
the
company),
$440,849;
deferred charges,
(less U. S. Treasury motes,, tax series .purchased .and held for taxpayments of $4,059,910). $664,845; reserve for general. contingencies,
$769,133; capital stock (250 shares, no par), $905,444; earned surplus,
3,720,273
.
Sylvania Electric Products, Inc.—New "VT" Loan—
(less, reserves, for depreciation and amortization
$2,332,009;
tools, jigs, dies, and moulds—at fixed
imounts, $130,000; real estate not used m operations, $45,000; imiroyements to leased properties, less amortization, $17,046; good will,
About
'
1941
$118,413
28,758
Total
public utility operating companies in the
system for the week ended Sept. 2, 1944,
as compared with
198,047,000 kwh. for the
$2,542,298);
The
1942
$131,422
86,791
Plan Sept. 21—
of
of
>lant, and equipment
on
1943
$178,261
89.403
1—
oper.
Other
Shs,
accounts receivable (less reserve of
;172 431), $3,921,276; claims and costs in connection with terminated
ear
contracts, $56,253; inventories, $7,063,231; investment in capital
tock of Square D Co., Canada, Ltd., consisting of 17.6% and 50% of
ts outstanding preferred and common stock, respectively, representing
otal equity of approximately $250,000), $11,750; miscellaneous accounts,
laims, and investments (less reserve of $9,791), $63,307; post-war reund
of
Federal excess profits tax—estimated, $1,419,752;
property,
Assets—Cash,
$1,631,825
.
period in 1943, J. Edgar Pew, Vice-President,
First National
Balance
-
tors
own, constitute
may
$5,043,494
.
$4,348,128
in
and
$442,669
$372,760
.
160, p. 872.
refund of excess profits tax.
:> >/,
•*
de¬
-Liabilities—Notes
payable to banks, $9,000,000; accounts payable;
trade,
payrolls, vand
miscellaneous,
$2,136,797;; accrued." .liabilities,
$1,737,765; Federal taxes on income and current contingencies (est.)
During the seven months the company completed the drilling of 210
125,000
40,000
legislation
$5,298,570
3,666,945
produced
company
months
borrowing
2,546,607
of
on.
wells
1944, $268,595 in 1943, $877,447 in 1942 and
1 050,000 in 1941 for normal Federal income tax; $2,439,564 in 1944,
;3l894,356 in 1943, $3,241,790 in 1942 and $1,350,000 in 1941 for Federal
xcess profits tax; $82,971 in 1944, $139,676 in 1943, $101,870 in
1942
:nd $50,000 in 1941 for State income tax; $1,060,000 in 1942 and $500,ir 1941 as a reserve against possible additional Federal taxes pending
>t
1945.
$206,338
subsidiaries
twice its withdrawals."
125,000
421,360
$268,028
$2,288,385
1,845,716
trary, it discovered and proved oil reserves at
*
divs.
ompleted
to
l
1
shares
56.421
34,500
60;000
The SEC has set Sept, 21 for a. hearing on .company's amended plan
See also V. 160, p.-1024.'
.
>
v.
hot
25,872
$6,174,434
5,176
$920,854
profit
•
629
-104,579
,'omraon divs.
(Ost-war
Aug.
Feb.
of
$236,114; total, $16,151,535.
™.
189,554,000
"In
$4,322,256
$5,269,376
75,384
Wartime & pOst-war adj.
'Includes
from
than
amount
1,407,455
Electric Co.
—V.
.
of
State income taxes—
$6,136,541
38,223
73,692
-
Net
the
160, p. 572.
Net sales
>:
571,454
replants
•Provision for Federal &
'referred
*
967,106
post-war
for
habilitation
1941
1942
■
$5,752,002
858,292
$3,577,215
paid'™™—
$2,202,584
117,529
,
try as a whole showed an increase of approximately 15%.
1943
$3,503,523
.-™t£i.-r
56,060
1,829,824
Sun Oil Co.,
possible tax adjustments, the above
$250,000,—V. 160, p. 670. •
$7,947,156
Other deductions
Ptov.
,
later
not
Thompson Aircraft Products Co.—Earnings—
t'
.
'.
|Other income
25)661
13,000
108,556
of reorganization.
1942 ,
$537,697.
$7,274,936
exps.-—
gen.
314,271
tax
—
&
Hearing
1,814,165
Selling & aavtg. exps.__
Ihterest
to
until
railway—,:-
from
ry.
Costs,
.19.44
$5,486,804
' - 969,116
profit
294,087
corresponding week last year,
-Earnings—
-
148,605
40,616
25,193
22,000
——
output
Standard Gas
same
...
143,905
51,801
>
deductions
Income.
seven
Profit
firtt
railway.™
oper.
from
Net
'—V.
Weekly, Output—
,
loss-could-be increased by -approximately
6 Mqs. JBnd.Jftina.39-r
$5,56G,215
the ordi¬
;
v.
to
due
that
income
1944—12 Mos —1943
••
''1*944 '"""' J1943*
and-, taxes—
^$13,334 $1,759,159 •
.*
&
St.
of
6%
Ry.—Earnings—
railway
railway
Earned
$5,817,273
—
Gross
;:$^)^EarmngSr
v<
Admin.
RR.
Co.
applic¬
are
inc.
than
(other
Income
admitted to dealings on the
New
,
extended
was
effective
1944
from
the
reflect
Co.
$2,521,267
—
Prov. for Fed, Inc.
bearer shares will be stricken from
New'York Curb Exchange at the
opening of business on Get'. 26, 1944.
The British stock to be issued in exchange for the above referred to
fSSpifegeli
$2,445,483
admin.
&
taxes)
receipts
depositary
fiscal
Taxes
nary registered shares and ordinary
Unlisted trading privileges on the
Gross
offer
extended
become
Balance
1944—6 Mos,—1943
int..
&
expenses
representing ordinary registered shares
and:ordinary bearer shares of the above corporation will terminate on
Oct
28,
1944.
Holders of said American depositary receipts have
been
requested to .immediately .surrender their certificates to said
depositary for * cancellation. ;and to receive in exchange therefpr a cer¬
tificate representing the underlying British stock.
American
divs.
from
Legal service
of New York, depositary, has informed the
Exchange
that the agreement
contained in the
Guaranty Trust Co.
New. York
Tunnel
1023.
p.
Fbf "American" Receipts—
.
the
further
to
Earnings of Company Only
!
the
Louis Bridge
,
6,190,131
to
purposes
Colorado
give effect to adjustments recorded subsequently but which
able to these periods.
(The) Spanish & General Corp., Ltd.—To Be Stricken
from
of
be
Mexican
from
Provision
Period—
of
stock.
Earnings for Six Months Ended June 30, 1944-
taxes of Stand¬
Gas
Consol.
$7.24
77%
the St.
of
preferred
95%
of the two lesser companies, or such lesser
percentage
be approved by the Terminal company.—V. 160. p. 671.
Net
.;
income
Exp. &
$1,966,031
$2.22
73%
from
3%
July—
307,222
Standard
of
and
Charges
$602,744
271,409 shares (par $5).—V.
on
least
as
ij'C''V/.y.'u
ard
from
not
sub¬
Eliectric
Total
95,908
$1.99
share
per
inc.
&
4,065,167
456,574
$540,196
income
Net
•Earn.
$2,220,826
5,969
91,183
$1,986,747
income
Gross
and
bonds for their
stated that deposits or commitment^
l
\.v.:i
income_
Bal.
$7,141,679
10,816
Sept.
received
Louis—Deposits—
offer of exchange of
an
can
is
From Jan.
sidiary companies..
Income
31,602,042
.
•
Fed.
31,219,553
16,261,489
tributed
Other
16,612,335
Dr276,123
Operation & maint. exp.
'■
16,537,612
non-
rev..
oper.
and
Texas
,
,$5,372,991
$5,126,374 $21,213,629 $17,363,538
10,207,672
7,742,874
2,265,725
2,733,086
870,479
860,065
220,334
>214,550
1,779,001
1,522,443
400,950
Oper. taxes & licenses-421,595
107,870
96,478
23,644
Oper.
rents
(net)
26,997"
Total
Depreciation
whom
on
been
termination
1.
Gross
Subs.)—Earnings—
1944—3 Mos.—1943
to
posited, together with what the Terminal company
excess
taxes
Other income (less
Period End. June 30—
have
stock
offer
at
taxes—
Fed.
for
The
Nov.
The
,iv«
—V. 160, P. 572.
6%
Association of St.
made
preferred stock
•
de-
&
State
profits
1,368,530
3,180,444
RR.
holders
been
deposit
Louis
4,804,687
retire.,
income
Prov.
for
has
7,559,289
4,371,119
for
Prov.
income—
oper.
6,900,621
exc.
Prov.
eign
13,524,454
6,064,254
3,689,308
14,274,798
4,270,237
railway
railway
from
Net
828,040
667,759
&
56,569,436 116,834,796 108,354,409
18,973,867
40,904,6871 36,476,572
2,993,177
_
for
Taxes,
$1,207,787
'
from
Net
914,708
317,391
income™.
$1,654,327
A letter to
stock
$
& deplet. res.
other than inc.
prec.
>"890.688
411,975
railway--
oper.
1941
1943
$2,063,301
•
$
3,399,125
Approp.
1942
1944 •
$2,332,822
railway—
Gross, from
Seattle Ry.—-Earnings-
&
J
«
1944—12 Mos.—1943
$
20,342,067
Maintenance
;
$
59,626,564
—
Terminal
(& Subs.)—Earnings—
1944—6 Mos.—1943
Subsidiary Companies—
gross
income__ij
—
deductions
$1,800,000 From Stock Transactions—
-
...
A
_
Total
comb,
net
160. p. 1024.
inc.-
•$103,655
suit
asking judgment of more than $1,800,000 from this corpora¬
tion
was
filed
ton, Del., for
on
Aug. 31
in United States District Court at Wilming¬
stockholdAs of ihe Axton-Fisher Tobacco Co. of Louis-
/
of
dissolution
the
tobacco
who
compose
Net prof, after all
investigating the pur¬
is
Commission
"Earns,
chgs.
that
'
-
$728,125
$1,033,842
$1,224,929
share
$0,35
$0,52
$0.74
$0.87
produce
by the
Commission.
investigation Is to determine whether Transamerica Corp.,
which controlled Axton-Fisher, had purchased shares of Axton-Fisher
from stockholders without disclosing to them pending negotiations with
issue
provision for Federal income and excess profits taxes was
$4,194,919 for the six months ended June 30, 1944 compared with
$3,734,068 in the corresponding period last year,—V. 159, p. 1807.
books
had refused to appear and
on Aug. 29 as required
the Tobacco company
Louisville
at
documents
In its petition to the Court
evidence.
documentary
certain
and
the
approximately $6,000,000 to about $19,000,-
increased from
160, p. 1025.
Retire Serial Bonds—
Lord, Westmount, Canada—To
All
first
4Vi%
outstanding
the
of
Our
Church Of The Ascension Of
Trustees For The
serial bonds dated
of Oct. 1, next, at 103
Bank of Montreal, in
mortgage
April 1, 1935, have been called for redemption as
and interest.
Payment will be made at the
Canada.
Quebec, Montreal and Toronto,
book
Joseph
directed that deliveries
to and including Sept.
15, 1944, may be made either with temporary certificates or with
permanent certificates, and that beginning Sept. 18, 1944, only per¬
Exchange
Stock
Sept.
on
1
shall
certificates
be
delivery.—V.
a
160,
company
i
of
plan
on
between
and
National
Other
•
20
National
First
National
First
of
Paul and the Northwestern
Minneapolis at an Interest rate of
of
St.
rate of $400,000 a year.
covered in a $7,000,000 indenture to run for
remaining $1,989,600 to be retired from current
to be repaid in five years at
2.16%
phases
are
with
years
the
I.'-';:-;.';
possible by the current favorable
money rates.
The trust indentures will be handled through Dillon
Reed & Co. and the plan is expected to be
complete by Dec. 1.—
funds.
The
V.
funding
160,
made
was
program
873.
p.
Mr.
<.
of
products sold—
and
-
and
5,856,484
—
;
The
utility
Common
bonds.™--..
stocks
4,829,179
2,283,112
—
—
Cash
—•
Accrued
interest
Federal
Post-war
Other
1
=,
assets
for
losses
Reserve
for
loss
2,891,976
2,740,122:
$1,734,762
unearned
for
Reserve
$1,000,286
32,946
$1,159,798
Int.
and
Fed.
normal
'•Fed.
other
80,889
Other
Net
-■
taxes
held
Accounts
adjustment
provision
income
for
depletion
Security Rulings of the New York Curb Exchange ruled thai?
on
$452,362
$795,354
—1
$0.63
$0.21
quarter
for the
—
—
70,284
1,250,000
636,326
2,000,000
158, p. 1181.'
—V.
Gross
$473,235
$987,755
$931,779
25,046
26,736
52,657
(& Subs.)—
Net
from
Taxes
other- than
Federal
normal
"Federal
$3,152,291
$8,347,561
$5,694,714
3,242,143
6,544,823
4,609,787-
adm. & gen. exps.
426,079
Profit from operations
$497,158
$258,806
sold
goods
710,547
818,130
Other
Income
—
and
taxes.!
and
amort
etc.,
Int.,
Federal
•
4,636,744
2,487,800
88,500
756,600
Special charge equiv. to est. inc. tax saving
for
post-war
for
depreciation—
adjustments
per
5,512,644
4,628,464
...
U.
S.
$7,677,208
railway
Balances
The
operating revenues
$32 ,130,489
$31,009,133
16 ,892,121
14,578,009
2,993,725
—
:
1943
2,883,588
....
taxes..
—
Federal normal tax and surtax
income
securities
(after post-war refund)
taxes
62,900
•:
(at
from
to
subscription
$6,360,303
4,467,214
3,915,069
$10,574,142 $10,275,371
3,449,070
$6,864,673
is
announced
miles
that
this
operations
corporation
during
in
first
the
its
half
domestic,
of
1944
Alaskan
flew
and
7,123,643
in
rnand;
sengers
military contract operations with the Air Transport Com-:
carried 19,541,360 pounds, and flew 21,089,900 ton-miles.
Pas¬
totaled 30,230; cargo, 9,064,978 pounds, and mail, 3,750,710
pounds.
With the addition
it
had
flown
Transport
of
a
grand
Command
1942.—V.
160,
of
p.
total
the
of
21,918,327
Start
771.
of
such
"
.
miles
for
the
operations in
•
:
Army
the
profit
of
of
1944—3 Mos.—1943
"$483,415
$752,165
in
.
stock
a
registration statement
effective, of transferable
after
bedomes
at
for
price of
a
$10
share held.
each
per share one
Subscription
to expire in the first part of November.
The
stock proposed to be offered would not be under¬
meeting
special
shares
of
of
stockholders is
common
planned for
approve an increase in the number of
stock and an increase in the par value,
stock from $5 to $10.
common
-
1942
1941
$359,626
$431,258
$374,000
129,281
129.281.
$2.93
$2.45-
$2.47
share
per
129,281-
129,281
outstdg.
$2.40
v
depreciation and provision for Federal income tax and excess,
fRestated.—V. 160, p. 772.
'Yh'I 1
"After
Victor Chemical Works—25-COnt Distribution—
the capital
similar
A
548,006
100,620
455,804
and
462,874
pp.
In 1943, the following dividends were paid: March 31, June^O
Sept.
30,
25
cents each;
and Dec. . 23, 35 cents,—V. 160,
2569, 2459.
year.
44,999
12,999
.
954,370
619,055
332,494
26,990
150.637
1
18,305
17,424
Gross from
-
74,800
77,100
Net
from
155,895
111,285
Net
ry,
1
1
—
subsidiaries™—
100,574
1,205,243
.
86,133
1,010,831
III!I.IIII!
———
Virginian Ry.—Earnings—>
18,715
T
1
——_
income.—
oper.
Net
from
Net
ry.
1—
■■
'
1
Vv.j
15,523.881
7,673,341
15,286,898
8.289.483
4,222,821
4,379,611
4,531,i??3
income...
■
$9,916,495
Waite Amulet Mines, Ltd.—Earnings—
$250,000
payable and accrued accounts
excess
relating
475,032
to
491,128
1,159,944
128,633
179,198
1,305,458
1,291,680
?
taxes
directly
$500,000
1,217,119
profits taxes
income
'
15,153,556
7,044,180
—V; 160, p. 572.
$10,197,338
;
4,245,581
railway.
oper.
$2,488,254
1,454,023
706,305
17,410,258
7,670,873
railway
from
1941$
1942
$2,011,481
894,983
566,546
$2,225,194
968,113
693,140
$2,339,783
935,249
582,597
railway
railway
From Jan.
Gross
1943
1944
July—
•
contracts■
on Sept. 6 declared a dividend of 25 cents per share
stock, par $5, payable Sept. 30 to holders of record Sept.'
distribution was made on March 31 and June 30, this
directors
The
901,097
__
normal
i
profits tax.
on
payable—banks
Balances
stk.
tl943
$367,776
com.
467,867
.
net
Estimated
:
profits
—
Earnings per common share
—V.
158,
400.
p.
I
j
1944
$1,840,000
$0.55
6 Months Ended June 30—
1943 j v
$2,237,000
$0.67
' J -
;
Govt,
emergency
contracts:
-
on
Accounts
5V2%
account
of
contracts-
payable and accrued accounts
for
and
adjusts!!!!!
pfd. stock ($50 par).
par)—
conv.
stock
surplus
Earned
•
92,500
Interest
;
I.II.
1,071,450
Other
1,095,082
p.
—_
2,265,554
2,102,571
$9,916,495
1902.
Profit
State
income
before
and
income
taxes..;——
excess
taxes
for
322,033
amortization...
and
income
Provision
United States Radiator
Corp.—Changes in
E.
Mosher
has
been
elected
Chairman
director
V.
160.
to
p.
Carret
fill
368.
the
of
Carret,
vacancy
Gammons
caused
by
&
Personnel—
profits
of
the
board,
$6,862,409
5,057,416
12,000
.
23,000
740,000
...
^
net
profit—
share
:
302,610
3,013,440
contingencies
common
per
"
$3 898,544
—.—_
taxes.
—^—————
special
Consolidated
Earnings
being left vacant for the time being.
L.
elected Vice-President and General
Manager.
L.
.-
2,313
6,012
interest
*
William
1943'
$4,322,179
$7,268*742
^ 97,590 ;X 101,410
1,426,246
Federal
159,
1944
depreciation and taxes..
debt—^
funded
Depreciation
1,427,936
$10,197,338
Total
-V.
on
1,095,082
I
surplus
173,500
interest,
before
I.
(& Subs.)—Earnings—
Walworth Co.
6 Months Ended June 30—
Profit
1,046,450
_.
($5
Capital
6,002
6,959
post-war conting.
cum.
Common
500,695
805,615
—
credits
presidency
$1,267,497
Shares—Rights To
stockholders of tentative plans ta
shires Ot its 7%"preferred
purchase
to
profit
by U. S. Govt
.
European
Govt,
Income and
Air
1944—6 Mos.—1943
7 % Preferred! Stock
middle of October to
"Net
Govt..
S.
receivable
-
Accounts
Philip
f$l,047,450
its
1933
common
common
A
Shrs.
Liabilities—
spring
-
19,269
Earnings for 6 Months Ended June 30
2,989,739
Govt,
emergency
•
has been
Period End. June 30—
2,932,541
deferred
Patents, goodwill, etc
United Drug Co.—Earnings—
Net
of
the
these figures, United Air Lines announced that
since
54,957
94,021
expected
each share of common
of
913,255
.
Other
Reserve
It
179,072
72,211
Y'
October,
of
Act
warrants
are
authorized
1,633,564
property:
Deferred
United Air Lines, Inc.—Military Contract Operations—
162,934
<%
*
150,000
446,402
charges
employees—incl. exp.
Account
3,410,698
$7,125,072
—j.
...
160. p. 671.
trans-Pacific
to
be reimbursed
accounts
and
Investments
Plant
3,003~432
$6,106,928
1,973
423,34q
737,572-
.
of an additional issue of common stock,, to'
stockholders.
Present plans contemplate1 the
middle
share
warrants
shares
common
Securities
the
about
proceeds
the
about
under
20.
receivable—U.
Advances
.
$627,070
1,640,946
1
Sundry investments (at cost)
Federal
-V.
the
offered
issue
30/44 Dec. 31,'43
cost).
directly
Inventories at cost
.
144,000
__r
A 2,161
March 1, 1945, the remaining 9,654
on
Earnings
Sheet
$826,190
receivable
relating
Total
2,990,915
Gross income
deductions
$0.60
Balance
(restricted)
Notes
Net income
$161,044
$0.74
756,600
Net
operating revenues
Total non-operating revenues..
$194,870
$0.55
———
Accounts
1,485,800
1,460,400
45,400
$135,666
receivable
accounts
Amounts to
1,878,500
1,497,000
Special charge equiv. to est. inc. tax saving
Provision for post-war adjustments—
Provision for depreciation
i
Total
"
*■
-
has- notified
company
retire
105,06T
from
funds
Deposits on leases, contracts, etc.
Mortgages receivable (at cost)-™
13 Months Ended June 30
1944
Other
190,337
contracts:
Due
profits tax
'
812,123
822,199*""
158,362
69,995
And Increase Par Value of Common
368,394
39,964
June
accounts
Prepaid
deducting post-war refund and debt retirement credit.
excess
82,990
89,872
Crl4,709
$95,477
$0.37
sh
com.
Govt,
Other
4,436,230
$8,001,335
_
Income Statement (Company Only)
income
73,866
94,960
39,417
...
Other
Net income
Fed.
185,385
Consolidated
$12,629,799 $12,113,438
than
187,280
185,828
Cash
Cash
Gross income
expenses
88,726
Assets—
$12,554,023 $12,136,385
75,776
Dr22,946
Deductions
other
170,107
$544,487
income..
Instalment
552.100
5,754,004
i
Net operating revenues.
Non-operating revenues—(net)
Taxes,
108,139
$1,092,747
tax
Inventories
Total
90,713
$349,519
chgs.
income
normal
4,445,400
2,019,000
66,900
•
*
.
taxes
Net
4,723,920
*
27,991
1944
Earn,
4,440,900
—_
surtax
profits tax...
Provision
Operating
$374,380
54,178
income..
Gross
16,048,554
17,610,030
—_i
income
■
$47,720,878 $46,112,627
Provision
"After
$984,608-
-
$551,337
95,154
and other inc
Int.
Excess profits tax
1943
1944
.
...
tax
excess
r
■
16,803
;••*■•'
—V. 160, p. 473.
be
1944—6 Mos.—1943
1944—3 Mos.—1943
$4,165,380
2,532,873
360,612
of
Cost
Depr.
12 Months Ended June 30—•
873.
1941',
$59,167
$112,576
32,404
!.
railway——.
Net ry. oper. Income
written.
Union Electric Co. of Missouri (& Subs.)—Earnings—
1—
From Jan.
1942
$124,367
-33,437
6,269
Net ry. oper, income™
Gross from
1943 I :
.
9,944
$85,006
i
railway—
stock
sales
Net
47,691
160, p. 771.
1944.
.
railway——
from
from
Net
.
United States Hoffman Machinery Corp.
Sell.,
$498,858
—
Operating revenues
Operating expenses
22.
Utah Ry.—Earnings—
July—
additional
—.
Aug.
Be Given Common Stockholders—
Earnings-
1944—6 Mos.—1943
1944—3 Mos.—1943
leases
"eX-rights" until further notice, and
1944, and until further notice musb
quoted
be not
after
8,571,583
$23,495,245 $22,938,234
Period End. June 30—
during the periods ended June 30, as follows:
1,255,712-1,922,850
79,976
1,250,000
903,385
2,000,000
8,998,370
—
_
"Also Includes stocks.—V.
t$264,289
$0.36
Deprec. & special amort.
Depl. on timberlands &
stock
deliveries
all
Van Raalte Co., Inc.—To Redeem
11,025
71,830
credit of $99,700
1
Surplus
;
;
reserve
Total
depreciation
and special amortization, and
on
timberlands and leases were charged to
for
of
accompanied by due bills for the subscription rights.—V. 160, p;
;
74,402
,
——-1—
——
$0.29
retirement
and $219,000 for the six months.
Note—Provisions
176,000
9,523
debt
«.«.
-
payable
contingency
102,270
1,279,004
418,227
118,845
treaties—.
voluntary reserves™
Capital paid iq,
788,926
$372,118
_
company
Chicago,
common
that
3,135,461.
100,838
—
brokerage—„
and
$3,477,827
1,471,294
557,610
expenses..——
reinsurance
under
Voluntary
1,971,000
28,915
_
deducting
696,024
240,000
176,000
897.300
share-
com.
per
this
of
at
mittee
the
with
connection
1944,
53,592
194,859
42,199
$3,511,173
3,248,041
._
Federal, State and other taxes.™.
$1,240,240
395,347
120,000-
taxes_
income
"After
359,097
$3,774,208
$1,033,232
chgs
inc.
income
Earns,
$1,777,430
profits taxes
exc.
,
the proposed offering to holders of the capital
of record at the close of business Aug. 24,
rights to subscribe to an issue of 10-year iVs li6.
convertible ' debentures,
it
was
announced that pending receipt of
further
information
and details concerning this offering the Com¬
In
$23,495,245 $22,938,234
■
—
claims
reserves
Commissions
80,442
$3,693,319
premiums
and
Other
,
J.'
!
—
Reserve
42,668
„
will handle
Universal Pictures Co., Inc., and
operations.—V, 160, p. 672.
of
Liabilities-—
Funds
income
Gross income
holdings
Utah Radio Products Co.—Exchange Rulingstock
292,403
...™,—
and
assets
—
252,067
credit—
tax
International
and control all its foreign
2,465,084
144,702
V 245,999
Vice-President; Charles A. Kirby, Secretary; Raymond
and Pierre Ludwig, Assistant Treasurer.
■*
Films, Inc., has taken over all the foreign
Daff,
Miles, Treasurer;
Universal
*1,248,992
*6,072,404
52,663
<
—_
s
President
elected
E.
•
»
who is also a Vice-President of Universal Pictures,
of
Universal International Films, Inc.;
Seidelman,
been
Alfred
28 announced the formation of Universal
wholly-owned "subsidiary, with headquarters
Aug.
on
Films, Inc., a
York.
H.
has
122,306
months due
4-—'•
not over three
receivable
Premiums,
Reinsurance
corporation
New
M.
—307,505
Industrial, etc., bonds.;
——_
13,715
Preferred and guaranteed stocks—
2,975,32-4
Public
11,431,071
1,390,606
—
Wash,
International
in
1943
$11,906,261 $11,656,571
447,246
249,647
13,463
*564,194
——
bonds
municipal
bonds
Total
11,990,135
5,529,525
..
exps.—„
Operating profit
Other
Ferguson,
'
admin.
sell.,
gen,
iri St. Louis, Mo.;
located
are
Wheeling, W. Va.; Duluth, Minn.; Hudson, N. Y.;
and Chicago, HI.—V. 157, p.-1191.- .
Universal Pictures Co., Inc.—Forms Subsidiary—
1944
■
■
bonds-
Government
S,
U.
State
Railroad
Reinsurance
Delivery,
factories
Bellefonte, Pa.;
Spokane,
Comparative Balance Sheet, June 30
1944—6 Mos.—1943
$7,920,417 $18,423,576 $15,482,845
$8,937,646
sales
oeen
Vice-President and Sales Manager."
Paul R. Trent as
Universal-owned
Mo.;
has
Corp.,
Assets—/.
Corp.—Earnings-
1944—3 Mos.—1943
Period End. June 30—
same
.
Union Bag & Paper
Cost
the
nomenal
be
Net
:
Co.'s operations will continue
responsible for the phe¬
growth of that company for the past 30 years.' Robert E.
remains as President; George M. Schutter as Vice-President;
said "Schutter Candy
management that has
Rosenberg
Schutter
and
J.
with Minnesota
outstanding mortgage debt
local bank loan of $2,000,000 dis¬
This will involve a
$10,989,000.
tributed
by acquiring all of the outstanding stock of
Mfg. Co., makers of Red Cross Cough Drops
1885.
under
United States Guarantee Co.—Balance Sheet—
plan calls for the refinancing of the
The
is one
States,
Rosenberg,
gram of diversification
the famous Candy Bros.
Stores Corp., to succeed Walter S. Mack, Jr., retired.
Walter G. Baumhogger has been re-elected President.—V. 160, p. 367.
1025.
p.
Sept. 5 filed a refundnig
Railroad and Warehouse Commission,
The
United
the
in
matches,
since
Cigar-Whelan
Co.—Files Refunding Plan—
Twin City K&pid Transit
stock in Schutter Candy
and "Old Nick" candy
the largest producer of
of the largest producers of
controlling
acquired
has
President of Universal, says the new move is in
line with the policy of the Match corporation for both "expansion."
and diversification.":
In 1939 Universal Match Corp. began this pro¬
who is also Chairman of the board of Phoenix
been elected Chairman of the board of United
Lubin,
I.
Securities
preferred stock of this corporation up
manent
I
matches
H.
A.
New Chairman Elected—
York
New
Candy
Corp.—Ruling On Stock
Twentieth Century-Fox Film
Deliveries—
The
Corp.—Acquires Control of
Match
corporation
wood
President,
Baumhogger,
.
of prior
bonds.—4
Co., of Chicago, makers of "Bit-O-Honey"
bars.
The Universal corporation, said to be
announced that at the annual
meeting of stockholders held on Aug. 30, the following directors were
elected for the next ensuing 12-month period: David G. Baird, Walter
G. Baumhogger, Henry C. Brunie, Paul D. Childs,
Frank M. Head,
Houlder Hudgins, Joseph I. Lubin, Harry Rubenoff, Dallas S. Townsend
and John, Whitney.
>
,
'
Messrs. Brunie, Head, Lubin, Rubenoff, and Whitney were not for¬
merly directors of the corporation.
Mr. Brunie is President and Chair¬
man of the board of the Empire Trust Co., New York City.
Mr. Head
is First Vice-President of United Cigar.
Mr. Lubin is a partner in the
firm of Eisner & Lubin, certified public accountants. New York City.
Mr. Rubenoff is Secretary and General Counsel of United Cigar.
Mr.
Whitney is a partner in the investment banking firm of Baker, Weeks
& Hardin, New York City.
G.
waiter
of the tobacco inventories of Axton-
purchase price because the value
Fisher had
000.—V.
entire
the
take
trust.linking fund
and, collateral
mortgage
Universal
The
Corp.—Directorate-
United Cigar-Whelan Stores
to stockholders that
greatly exceeded the
alleges that no disclosure was made
value of the stock Transamerica purchased
SEC
The
and therefore was
Concern—
and
sale of the Axton-Fisher assets
the Axton-Fisher company.
subsequent liquidation of
the
v
first
the
^v'.:
application
Note—The
The
Philip Morris & Co., Ltd., for the
of
on
pass
«•
its own
the ordinary sense
rail carrier in
a
*
dismiss
to
petition
a
V. 158, p. 2623.
outstanding shares of common stock and after de¬
ducting $118,750 for the quarter and $237,500 for the six months of
1944 representing dividends paid on preferred stock of United Drug Co.
principal subsidiary,
'
...
the SEC said
not
was
in
The
the 1,400,560
"On
it
said
Interstate ComJ
3%% bonds,
jurisdiction to
<■
,
corporation
of the
in first mortgage
ICC's
subject to regulation in its financing by the ICC.
Northwest Mutual Life Insurance Co.
would
hot
>
$492,405
com.
per
The
taxes..
profits
excess
the
time
same
permission
$5,500,000
issue
to
the
at
for
applying
corporation,
Commission
transaction.
1944—6 Mos—1943
1944—3 Mos.—3943
income and
incl. Fed,
Transamerica Corp. of the Axton-Fisher Tobacco Co.
Elwood
Hamilton, acting as Judge of the Federal District Court at Louisville,
has ordered the Axton-Fisher company to appear before the SEC and
chase by
produce
The
challenged
Subs.)—Earnings-
United Drug, Inc. (&
period End. June 30—
Transamerica-Axton-Fisher Deal—
Exchange
and
Securities
Jurisdiction
•
merce
and the individuals
'
them.
SEC Investigates
The
cluding Federal income and excess
Associates. Shepard Scott & Co.,
all of New York, N. Y.,
Steindler & Co.,
J.
P.
United Stockyards Corp.—Questions the Commission's
on Approving Contemplated Bond Issue—
Y
charges including Federal income and excess
$237,500 for preferred stock dividend
all
deducting
concern,
Plaintiffs in the case are Friedman
and
dividends, and
profits taxes.
"After
and all charges, in¬
profits taxes.—V. 159, p. 1807.
$118,750 for preferred stock quarterly
"After deducting
concealment by the defendant investment
stock transactions which preceded the
ville, Ky., alleging fraud and
and
holding corporation
in
Monday, September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1120
—
—
~~r—-
$871,104
$0.62
$1,041,993
$0.76
the
Gillespie Erskine
Co., has been elected a
the death of O. M. Bate.—
Note—No
the
tiation
been made in 1944 for possible refund to'
of 1944 (six months) sales not yet re¬
which obtained as the result of the renego¬
agreed upon for the year 1942, no provision is
provision
Government
negotiated.
in
has
respect
On the basis
settlement
necessary.—V.
159, p. 2459.
'
v.--. «:/■ .-v:
.
Volume 160
THE COMMERCIAL & FINANCIAL
Number* 4315 v
.
A.
Sought
Warner Company—Tenders of Preferred Stock
T'
Broad
receive bids for
1944,
15,
Sept.
to
c stocK
exhaust
to
the
of
sum
$26,178.
stock accepted for the sinking fund by the sinking fund agent is to
presented for payment and cancellation as of Sept. 21, 1944.
All
of
will
3
Oct.
reported),
previously
as
'/
and
The
interest.-• Payment
'
75.03%
to. Special
V.
Committee for an order authorizing
this corporation to pay holders of ihe
on account of principal was
preferred Sept. 6 by Federal Judge Samuel Mandelbaum to Special
ll Master Oscar W; Ehrhorn.
The committee informed the court that
net earnings for the past two crop seasons, exceeding $1,000,000. are
available for distribution to security holders,
The committee urged
>the distribution now.
The court on March 10, 1944, authorized a 9%
reorganization
trustee
rate
a
of
the
distribution.—V.
160.
.
3.35%
to
small
a
772.
t
,
7/7;':"'/7v7 V7'7/>'
p.
;7
;""
the
of
vote, and
after
•
••
,
,
•
Net
chgs.
an
to
exceed
Detroit,
of
price.
price.
the
exhaust
to
redemption
the
•
"On
"
151
trustee,
Fort
W.
"Net
but
1944
before
profit
int., deprec.,
income
Federal
"After
—V.
1942
$452,888
421,987
191,367
12,400
<*
other
$4,147,468
$370,043
$296,673
409.313
3,026,211
2,649,849
_____
$1,355,964
$1,121,257
$800,295
share_____
$0.42
shares.—V.
common
409,313
$0.90
$18,501
409,313
$0.01
SO.70
Properties—
has
$21,593
and
for
$1.15
income
income
of
the
$1.20
dividends
paid
$1.41
$1.05
profits
excess
taxes,
Eberstadt
F.
director.
a
&
He
Products
is
Co.,
-
4i_V.
1943
$40,608,396
32,735,116
$7,953,981
$7,873,280
1944
Talcott,
Inc.
properties
the
of
the
date,
wkill
10,240,000
basis
2,150,000
this
7,199,000
$1,814,454
latter
31,
of White Rock
of
said,
for
the
White
to
Rock
Distillers
Phillips,
President
E.
He
Sept.
on
disclosed
Corp.,
Products
of
the
at
-
share
common
Net
income
to
or
the
National
Income
after
—V.
1944
1943
$30,531,577
13,132,083
income
3,173,025
3,486,975
taxes_______
surtax_______
1,846,440
1.694,000
3,688,380
"______
profits
3,067,940
594.500
2,812,520
$5,736,611
_i_
revenues__;_l.__'
537,400
2,904,754
$5,798,657
c
1,333.481
1,278,973
$7,070,092
$7,0^,630
revenues
—Y_J
from
;
income____^__^^__i
gross
2,528,096
income
'
J.
deducting
months
30,
2,495,117
500,000
debt
ended
1943.
$4,082,513
$4,041,995
retirement
June
30,
and
and
1944
post-war
$340,860
credits
for
500,000
.
$409,820
of
months ended
12
tFor contingent losses on investment in transportation
159,
2349.
p.
•
'■
■
have
been
called
for redemption
as
of Nov.
.
,
$18,800 of
1948, at 102V2 and
1, next,
mortgage 5% gold bonds, series A, due Nov. 1,
interest.
Payment will be made at the City National Bank
Co., successor depositary and authenticating trustee, 208 So.
St., Chicago, 111.—V. 137, p. 2977.
&
Trust
La
Salle
Wisconsin Mineral Springs Co.—New Name—
See
White
Rock
Mineral
Springs
Co.
above.
White Rock Mineral
Mineral Springs Co., and
name
sale
On
15.
be
will
(Alan) Wood Steel Co. (& Subs.)—Earnings—
soon
or
distributed
to
6 Mos. End. June 30—
Net
Distillers
retirement
the
was
income
after
1944
depre-
■'
deplet.,
inc.
taxes, & other charges
•—V. .159, p. 2126.~*
of
%
.
1943
1942
1941
<♦
ciation,
$204,233
~
•
1
'
,
*-
/
.
$287,351
$388,854
<
;
-
V
•
$532,061
■ ■
participating preferred shares and exchange
stock
the
on
Distillers
will
be
basis of one share of
two-sevenths
in
Worthington Pump & Machinery Co. (& Subs.)—Earns
stock.
common
announced that beginning
stock of Wisconsin Mineral
Aug. 31
common
6 Months Ended June 30—
"Net
Federal
taxes
1943
$78,609'
taxes____
.
Earnings
78,968
per
1942
$1,814,887
271.048
$1,388,877
266,066
$6.79
$5.47
83.96
1944
shares—_____
•.
share—
common
all
"After
$125,346
48,689
common
1943
$2,229,265
280,082
profit
Outstanding
1944
Federal
before
Net
160, p. 772. .4.
.
-
15,381,319
?
»
first
Rock
time'that
Springs Co. instead of White Rock Mineral Springs Co.
$1,620,937
$1.80
V.
30
June
$33,325,029
income
There
and
Corp.
White
same
about Sept.
on
of
Stock Exchange on
dealings
1
Ended
Wisconsin Fuel & Light Co.—Bonds Called—
.
proceeds
sale
National
York
Months
,w__
and
operating
12
June
shareholder, when the old White Rock transfer
closed permanently,
and the business carried on by
common
of
New
The
7011235
$1,393,390
$1.54
share
a
Only),. 12
depreciation_________'__t;t_______
for
"After
$0.94
National
by
A.
announced.
Rock preferred and
White
(Company
taxesii_r_;
taxes_^___'__.____
income
Net
$590,003
$2.90
company
will be dissolved
he
for
$4,074,557
investment In transportation subsidiary.
tAppropriation
.
500,832
than
excess
Deductions
250,000
corporation.
new
The
56.396
500,000
$4,088,624
normal
Gross
Rock
be
330,463
1942
$1.38
of
on.Aug.
White
330,463
77,502
Statement
other
3,390,01*
3,410,512-
subs:diaries___
Mineral
said company
that
of
revenues
Provision
.
Springs Co.,
old
the
stock
expenses
State
and
$866,519
the
478,150
$8,351,430
500,000
Non-operating
1943
'
2,605,000
share
common
453,121
>
"Federal
the
of
1026.
completed
after
1,091,200
2,897,600
%:
$1,894,222
$2,322,172
■:
director
a
James
contingencies
acquisition
that
221,745
.
also
investment
Co.,
(& Subs.)—Earnings-—
profits taxes__
pld.
on
Operating
Taxes
in
partner
a
,
2,284,000
-
/;■.
-
surplus
per
1944
35,913,339
income
i''
ton
'4
6 Months Ended June 30—
4>Equal
' '
taxes___\
charges_'Y__v_i-L-_i.__J__^'__--^_'
divs.
Operating
•
...——
4hv Balance
SubS.'^fcdifriings—
{&
S
,
and
transaction, also announced that the
Springs Co. has been changed to Wisconsin
2,888,935
183,627
42,226
928,000
'
in';4.
:■ ■■
V'44: ■'. 4.'44; t,;4-444 4 v/7
Net profit for period
Preferred
Co.
deductions
Income
$632,529
special meeting of White Rock stockholders, held on Aug. 23 to
ratify the company's sale, has been finally adjourned.
Transfer books
reopelied cn Sept. 1.
•
•
■
' •
Mr.
Phillips, who became President of White Rock Corp. in the
$9,383,534
debt expense
taxes____^_-——
profits -taxes-
excess
par),
no
$43,867,320
and
"For contingent losses on
the
3,034,091
depletion-—
and
for
Net
stock.
common
Standard
excess
Rock
of
Mineral
$8,182,539
-
depreciation
amortization
and
Federal
Power
19414
Springs Co.—Sale. Completed—
Changed—Soon to Dissolve—
Sale
books
Interest
$49,901".
preferred
shares,
$8,407,103
subsidiary.—V.
1943.
$9,161,789
194,404
(-.Other income, net
-Federal
second
(30,853.9
income
interest
Other
(& Subs.)—Earns.
$501,661
elected
the
war
White
$33,734
1944
$7,988,135
operations
for
liabilities,
stock
"Appropriation
$553,053
profit
Name
was
$37,362
$26,776
€4i9 Months Ended July 31—
income
Net
$54,027,63Sf $82,870,667 $55,409,421
deprec., interest, etc.-_
3,471,519
14,204,454
8,039,003
after
inc.
Net
1944—6 Mos.—1943
1944—3 Mos.—1943
been
Earnings per
J, West Virginia Pulp & Paper Co. (& Subs.)—Earnings
Total
Gross
1808.
merger
-Provision
Electric
expenses
$0.25
1942
Enddd June 30—
—V. 160, p.
ordinary taxes. Interest, depreciation and depletion, but before
Federal taxes.-W. 159, p. 2126.
'
from
accrued
cumulative
7%
common
revenues
companies.—V. 160, p. 232.
Prolit
Fed.
"After
Profits
$0.35
1943
Federal
of
Simond,
E.
Sales
West Virginia Coal & Coke Corp.—Earnings—
profit
159, p.
4
1944
and
shares
Corp.,
Reserve
Period Ended June 30—
«Net
property,
.
Wisconsin
Net
company's proposrd sale of properties as a step toward liquida¬
tion was approved Sept. 5 by the SEC.
Its Idaho Electric properties are
7 to be sold to the Idaho Power Co. for $685,000 and its water properties
jn Hailey, Idaho, to the city of Ilailey for $65,000.
West Coast Power's
operations will be restricted then to electric properties in Oregon,
f See also
V. 160, p. 873.
I
' '
7-:
r//?Y/7//'777'^
' 47/:::,:V 77:'f;Y/
•l
$1,092,571;
$130,810;
$377,100;
12 Months Ended June 30—
$3,450,144
4,776,875
White Motor Co.
The
..*/'
$146,288;
„
Net
operating revenues_:____________
Non-operating revenues
$6,132,839
share___
per
6 Months
West Coast Power Co.—Sale of
'>
1943
$882,950
394,910
2348.
p.
income,
Operating
1942
prof. tax.
& exc.
charges
bankers,
247,000
Y_
share___-___—
common
per
159,
on
$100),
assets,
surplus
arising from appreciation of buildings, $26,703;
surplus, $1,164,850; common stock in treasury. ,(666 shares at.
cost), Dr$15,568; total, $4,976,367.—V. 158, p. 900,
issue, for
4 "
1943
$557,911
353,132
Valspar
//■;■'//jY/':
;:■:/
profit'/shares outstanding-:
Earns,
v
$2,150,000;
Federal
1944
etc.___
,
Com.
taxes
(par
other
earned
New Director—
—$1,100,589
483,546
taxes__
'7;;.:• 'ff> ■§;•;,//v
Net
stock
the meeting.-r-
taxes
profit
the
■
6 Mos. Ended June 30—
Exp.,
and
(net), $1,568,120; deferred charges, $28,139; total,
\y ■'
Operating
common
3,172,110
tEarnings
of $7,797, at prices not
should be made at a flat
sum
Tenders
.'
Gross
investments
7
Liabilities—Accounts payable,
Federal
non-convertible
a
Westvaco Chlorine Products Corp.
Webster Eisenlohr, Inc.—Earnings—
■■■
'
4 4:
deposits, $705,679; office and branch change funds.
and accounts receivable, $1,495,545; inven¬
acceptances
$1,029,476;
$4,976,367.
plan
a
notes,
tories,
1,
new
voted on Sept. 5 to direct
to invite competitive bids
company
the basis of
on
____________
per
Maynard
i
4';','
The
Prov.
profit
"Earnings
will until 11 a.m. on Sept. 20, 1944, receive bids
it of first mortgage real estate bonds due July 1,. 1952,
sufficient
amount
to
105.
•
Prov. for Fed. inc.
Mich.,
the sale to
for
Bank
National
Manufacturers
Detroit,
St.,
at
of stockholders campaigned before
group
6 Mos. End. June 30—
The
1951
Westinghouse Air Brake Co. (& Subs.)—Earnings—
Boulevard Buildings, Inc., Detroit—Ten-
Washington
in
exceeding 4%.
3 Mos. Ended June 30—
Profit
ders—
v
not
to formulate
~
i:,
Balance Sheet, June 30, 1944
Assets—Demand
$24,603,000 Bond Issue—
directors
company
160, p. 873.
of
refunding mortgage bonds 20%
and
first
bear
debentures due
stock,
preferred
Buckingham
the
by
motion
A
the
proiit, $132,586,dividends on second
dividends on common stock, $60,360.
y.
the refunding of the $25,000,000 of 5%
bonds due in 1951, the
announced.
•
/,"
'
•,
Competitive bidding is to be invited both on the basis of an issue
of convertible debentures, which the stockholders made possible by a
J Master—
;
net
$13,198;
lor
which
1
Cr$509)
said
He
company
«
Referred
Corp.—Payment
Sugar
Warner
'
'
,
board
officers of
hi? made at the Tradesmen's National Bank & Trust Co., trustee,
or at the Guaranty. Trust. Co., 140 Broadway, .New
1026.
will
Public Bidding for
Philadelphia, Pa.,
7. York, N. Y.—V. 160, p.
the $25,000,000 of 5%
debentures
sinking fund bonds dated
100
at
debentures.
new
plant and equipment
called for redemption as of Oct. 2 next (not
1929, have been
April 1,
as
6%
first mortgage
the outstanding
of
this objection
themselves against
protect
$3,121;
1944,
To Redeem 6% Bonds on Oct. 2—
All
stockholders, could
•
{ shares of stock so offered must be offered flat.
\y
that
that conversions during the first 10 years and redemptions for the
sinking fund beginning in 1950 will, increase the, savings resulting from
the
lower
interest
rate, so that the stockholders' position will be
-
be
■
statement
by subscribing to their share of the
1121
strengthened by improvement in the company's financial structure.
The
proceeds of the new issue will be used to redeem on Dec.
All
;.
Williams, President of Western Union, answered
the
dilution
first preferred
the sale to it of T'/o
sunicient
amount
an
N.
with
Fidelity-Philadelphia Trust Co., sinking fund agent, 135 South
St., Philadelphia, Pa.," will until 12 o'clock noon (E.W.T.) on*
The
CHRONICLE'
charges,
873.
including Federal income and excess profits
%;
taxes.—V. 160, p.
160, p. 873.
Youngstown Steel Door Co. (& Subs.)—Earnings—
Western Electric Co.—Issues Publication—
On
5
Sept.
1
Western
a
Electric publication
White Sewing Machine Corp. (& Subs.)—Earnings—
radio
to the
well-known
Period End. June 30—
industry before the war as "Pick-Ups" once again makes its bow under
the new title, "Western Electric Oscillator''.
The publication presents
*
36
pages
technical
of
and
allied
of
information
casting and electronic people.—V. 166,
p.
interest
tNet
SEarns.
broad¬
to
873.
■
For
stockholders
The
the
at
a
special
meeting
Sept.
on
notes due Sept.
like amount of first scries 2.7%
i
held
6
to
approved an
1955.
1,
cents
63
to
ended
share
a.
$1.96
/ Nil
$0.27
tSubject to renegotiation
taxes.
the
30,
1944,
common
net
profit
Union
Western
Co.—Refunding Plan
Telegraph
stock,
compared
Issue
$24,603,000
into
shares
tioned
•
in
of
which
Ap¬
bonds
spite of objections
its
before
will
to
an
unstated
be convertible.
the conversion
number of
merger
class A
income
Lack
International
public
on
Cross
$468,525;
a
camps
449;
normal
consider
to
Aug. 25 details of
prisoner- the Philippines for the assistance
in Japan proper of American prisoners of war.
ington to the New York "Times"
on
Aug. 25, which gave other
findings of the Red Cross as fol¬
lows:
representative this spring visited
camps, finding them in gen¬
eral
satisfactory, although they
were overcrowded, cold in winter
the
prisoners complained of a
of enough protein and fat
lack
in
their diet.
today the State Depart¬
disclosed that it had been
Also
ment
informed that
the Japanese have
stopped a Young Men's Christian
-
sched¬
of
Association relief program
for
uled
war
American
camps
cause
camps was,
the Japanese
published today in the
Prisoners
of
August,
published
Bulletin
by
Cross for the families of
^: International Red Cross, whose
and
The description of
War
in the Philippines be¬
of the "special
the islands.
prisoners
situation" in
'
C!
r
for
the Red
prisoners.
The representative visited two of
the camps in the Fukuoka group,
which is believed to consist of
19 branch
camps
700 American
for
the
six
$8,106,592;
of
and to hold 4,prison¬
and Allied
of whom probably less than
a
quarter are Americans.
They
are
situated at the western end
ers,
for
cost
provision
depreciation
tax
and
$261,000;
12
for
$120,097
$3.08
$4,61
ended
of
1942
1943
$163,582
June
goods
1944
30.
sold,
share____
" 1943
•
1942
;
$82,737
$629,944
$0.12
K-y $0.94
charges and Federal and Canadian income taxes,
of
capital
no-par
Zenith
As
stock.~^V.
159,
881.
p.
1941
$618,553
y
$0.93
ton 650,920
V
v
of
surtax,
adjustment
depreciation,
buildings and
$58,000;
excess
for prior
Radio Corp.—To Enlarge Division—
further
a
poration
is
move
in
enlarging
its
of
program
immediately
its
post-war
expansion
automotive
this
division,
set
cor¬
J.
J.
year
p.
equipment, $17,profits tax less
(Federal taxes),
canned
glass windows, were electrically
lighted and had a charcoal brazier
for each building.
Bedding ap¬
peared to be adequate, the Inter¬
national Red Cross delegate said,
and mosquito nets were furnished
der,
%
Zonite
prisoners7 diet, prepared by
15 cooks among them, consisted
of rice, bread, vegetables, fruit, a
small amount of meat and fish,
enlarged
y.
6 Months
"Net
(•;
the
staff
and
productloa
profit
:•••..
v'-'yyy.'-^
"After provision
share-——
for depreciation, Federal
and
ers,
1942
$100,025
$0.12
$270,347
$0.33
etc.—V.
taxes,
mostly
-
-
$260,000
$0.31
^
Earnings per common
articles
yyy.y '■
•
(Includes Canadian subsidiaries only)
Ended'June 30—
1944
1943
officers,
160, p. 54.
309
were-
Americans.
similar
Work, including the raising "of
stock
and
agriculture, was
bought.
delegates' report stated tb^t
items could be
The
engineering
■
y
((•')*;.:
salmon, fruit, curry pow¬
toilet
its
Products Corp.—Earnings—
live
voluntary for officers, while en¬
prisoners' clothing was suffi¬
listed
cient, with underwear and shoes
being supplied by the Japanese
Army. Many of the men
summer.
The
has
673.
(in
$842,957;
corporation
capacity in anticipation of considerably greater auto set volume ex¬
pected in the post-war period.
The company expects to continue IUV
policy of selling automobile sets only to auto manufacturers.—V. 160,
$6,825,369;
story wooden buildings that had
in
'1944
$429,1^7
,,$0.64
—
per
Nance, Vice-President and Director of Sales, announced.
$3.96
months
sales,
excl.
income
refund,
requests made by the Swiss Gov¬
ernment for transfer of funds to
special dispatch from Wash¬
Net
provision
However, it was revealed that
has ex¬
willingness
the
come,
of the Brook¬
conditions found in two
said
charges
account
expenses,
the Japanese Government
pressed
Red
"After
shares
$172,710,
for
operating profit before provision for depreciation, $438,266; other in¬
rentals, interest, recoveries and sundry, $30,259; total income,
feature.
post-war
Fat, Proteins In Diet
of-war
all
follows:
operating
The plan was sanc¬
Corp. and a director of the Postal Telegraph
into Western Union, who presented proxies for
Prisoners Of Japan
made
$132,585
detail)
9,000 shares.
The
1944
after
income
The
the management's proposal to
objector was Gerhard M. Dahl, former Chairman
'One
lyn-Manhattan Transit
Co.
and
debentures
the
with
stock
Whitaker Paper Co.—Earnings—
Net
Earnings per common share________
approved
Sept. 5
profit
tEarnings
The
See V. 160,
proved—
stockholders on
"Net
equal
$440,126,
was
on the $2 prior preference
3943.—V. 159, p. 2570.
6 Months Ended June 30—
The
"$1,767
Nil
*$202,944
shares.
June
on
share
a
"$5,781
and Federal
346.790
months ended June 30.
772.
p.
SOU
months
12
equal
$15,000,000 secured notes, second series, bearing interest at
rate of 2.8%
and maturing Sept. 1, 1969.
They will replace a
of
share
com.
+After charges
settlement.
I Western Massachusetts Cos.—Notes Approved—
issue
per
"Loss.
1944—6 Mos.—1943
1944—3 Mos.—1943
*$104,852
$0.14
profit
6 Mos. End. June 30—
men
were
work
kitchen
required
and
serve
as
to
do
gen¬
eral handymen.
still wore
'
The
their uniforms.
camps
at both islands had
Cross
relief supplies. Books seiit by the
city, while
diplomatic ship Gripsholm also
laundry and sanitation purposes
were found at both camps.
some
fat and margarine, sugar, was
ample.
A number of hot
Four civilian internment camps
salt and green tea. The delegate baths and showers were available,
in the island of Kobe also were..'
reported that while the calorie as well as many faucets for wash¬
content of the ration was satisfac¬ ing purposes.
Medical care was visited, last March, by an Inter¬
national Red Cross representative.
tory, it was low in proteins. Eggs provided by a Japanese Army surreceived
from
water for
Good drinking water came
a
nearby
shipments of Red
(
and milk
tal
were
reserved for hospi-
patients,
Among the recreational activi¬
assisted by three medical or¬
derlies, and by two doctors, a den-1
geon,
tist and medical corpsmen among
There
were
206 internees at these
camps,
of which 133 were Ameri¬
cans.
Of
these,
129,
including
missionaries, technicians and bus¬
volley ball, the prisoners. The camp had an
iness
men,
had been taken at
Honshu.
football, baseball, tennis, quoits infirmary, with medical and sur¬
Guam.
At Camp 17, the delegate re¬ and indoor games such as cards, gical equipment on hand. The av¬
At these camps the delegate re¬
erage weight of the prisoners was
ported, there were 501 prisoners chess and table tennis. A minia¬
ported that both the quality and
ture golf course had been con¬ described as "about 143 pounds."
on
the day of his visit, all of j
At the main camp of the Zent- quantity of food had deteriorated
structed,
the
delegate
said, of
whom were Americans who had
| which the men were very proud, suji group, on the Shikoku Is¬ during the past year, although ra¬
been captured in the Philippines, j although it was "primitive." The land.
similar
conditions
pre¬ tions were higher than for the
„
The camp consisted of 33 one-' men also had a canteen, at which vailed in general. Of 690 prison¬ general civilian public.
of
the
main
Japanese
island of ties
at the camp were
State and
Monday; September 11, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1122
City Department
BOND PROPOSALS AND NEGOTIATIONS
liquor taxes and licenses rose to
$1,537,986 from $470,410.
Motor vehicle licenses fees rose
ALABAMA
Fla.
Coral Gables,
Refunding—The city has
Plans
for the
arrangements
completed
refunding
Motor
from $43,418.
transportation
$55,809
to
vehicle
directly the effects of
production boom on
Connecticut industry
and busi¬
reflecting
wartime
the
ness.
Bond
Meriden, Conn.
Bond Proposal
Postponed—It is
stated
1,1951.
Sale
1944 Cook County School District No. 8$.
(P. O. Elmwood Park)', III*
Special trict Treasurer, announces that
to 65,
Road and Bridge District No. 5 refunding bonds Nos. 61
SBA
six-year
refunding bonds dated April 1, 1936, are called for
offered the same day, paying a payment on Oct. 1, 1944, at the
the
$5,400
by Henry J. Thomas, City
before
price of 102.25 for 2s, a basis of
Los Angeles, Calif.
Treasurer, that plans to issue $50,Dec. 1 next, by a group of invest¬
about 1.605%.
Electric Plant Revenue Bonds 000
airport improvement bonds
ment houses. The new refundings
Other bids at the sale were as
Called—It is stated by Clyde Er- have been shelved indefinitely.
Will consist of $2,366,000 serial 3s
follows: John Nuveen & Co., B.
rett, Auditor of the Department of
and $2,000,000 callable term 2Vzs,
J. Van Ingen & Co., Inc., Leedy,
FLORIDA
Water and Power, that 1%, 1%%,
according to report, and will con¬
Wheeler
&
Co.,
Trust • Co.
of
1 lk %
and
1%%
electric plant
Belleair, Fla.
tain approving legal opinion of
Georgia, of Atlanta, and Robinrevenue
bonds, Third Issue of
Wood, Hoffman, King & Dawson
Refunding
Bond
Validation
son-Humphrey Co., for
$15,400
of New York City.
The Ed C. 1940, to the amount of $1,500,000, Sought
Attorneys representing bonds as 1.70s, at 100.078; Florida
are
being called for payment as
Wright Co. of Petersburg will be
the above town filed proceedings
National
Bank
of Jacksonville,
in
bid
be
at
or
on
par,
—-
a
member of the refunding group.
Supreme Court
The United States
of
Dec.
1.
bonds
These
required to be
are
for
surrendered
redemption,
recently in Circuit Court for the
validation
of
issue of
$385,000
a
ac¬
of Mr.
refunding bonds which had been
companied by all interest cou¬
Wright
opposition to an
approved by the town's governing
earlier program of debt refunding pons, if any, maturing on or after council. The action is directed to
said redemption date, at the Bank
the State of Florida and the State
promulgated by the city. Aside
favor
in
ruled
in his
recently
debt, the city
also has outstanding tax partici¬
bonded
its
from
pation certificates, which partici¬
pate equally in the excess of debt
service: funds after allowing for
principal
ments
require¬
interest
and
recent elec¬
tion the voters approved the
of $6,000
issu¬
in bonds to match
Federal funds for the construction
of
addition
an
the
to
Interest
date
on
ceases
present
building, the majority be¬
ing about 20 to 1.
ARKANSAS
(State of)
11
a.m.
bids will
on Sept.
26, by B. J. Smith, County Clerk,
for the purchase of $10,000 build¬
The
ing bonds. Interest rate is not to
5%, payable J-J. Denom.
$1,000. Dated Oct. 1, 1944. Due on
July 1, 1969. Principal and inter¬
Commis-
sidner:
Aug., 1943
$8,602.00
36,426.18
866,240.28
Intransit Auto._
2,334.00
1,950.00
261,526.41
for
submitted
approval
to
O'Melveny & Myers, of Los An¬
geles,
their
and
opinion will
be
furnished to the successful bidder
without
charge. All bids must be
value
*
of the
certified
a
of the
bid
bonds
for,
payable to the County Treasurer.
Sweetwater Union High Sch. Dist.
252,165.82
4,701.00
Sales
Peed
tax
2,278.90
788,133.14
3,864.00
fees._
687.50
2,562.50
10,648.12
10,819.13
8,546.36
11,498.47
tax
tax
Liquor
•
2,666.50
Oil inspect'n lees
Inheritance
Malt
124,828.02
•
804,141.91
insp. fees_
Fertilizer
4,529.00
•
97,089.42
2,128.59
1,090.32
491.76
1,908.35
421.67
33,036.85
67,826.73
312.38
251.40
permits-
Confiscated
/•
liquor
Gasoline permits
Income
tax_—
Advertising
.
awards
Drivers'
license..
Beer
tax—
4,772.00
permits.__
Beer
2,215.00
113,842.31
table tax-
Pool
4,886.00
1,780.00
110,600.06
,
(P. O. Chula Vista), Calif.
nounced
November
551.15
2,663.39
522.00
175,508.96
65,778.22
Imported wine
915.15
5,787.44
41,964.51
21,846.83
Mineral rights-
10.00
Refunds—salvage
Health inspect'n
670.70
2.00
$2,479,800.67
collections,
gross
tax
items,
1943
1.50
,
Oil & gas leases
Total
$2,507,176.48
all
on
a
——.$36,123,722.1-
provide funds
to
of
a
new
for
high
CALIFORNIA
of)
be
could
procured
in
units
a
in¬
of
the
to the
as
for
question.
It
the
was
local
stated
Veterans
of
awards
Bonds
Bonus
servicemen of
Illinois
to
World War No.
1
wiped out
Aug. 1, according to an Asso~>
ciated Press dispatch from Spring-,
was
on
Hearing
Composition
Debt
on
that
the
of
Plan—Creditors
town
be
held before the United States Dis¬
Court, Southern District of
Florida, in the Federal Bldg., Or¬
trict
Nov. 20, on
municipality's proposal to re¬
10
a.m.
of
$49,200 in
are
will
hearing
a
A final installment of
on
$1,950,000:
principal and interest retires the'
issue in full except for a balancematured; bonds not
State
are available
to>
yet presented for payment.
funds
treasury
all claims.
pay
The
issue
entire
$85,449,000
in
cost, the stateprincipal and in¬
>
terest.
Bonus claims up to $300 maxi¬
of
mum
and averaging $205
were
claim as creditors must be filed
approved for
286,643
qualified
with the court at least 10 days
servicemen or their heirs.
Pay¬
prior to the hearing on forms ob¬ ments were based on
length of1
tainable from the town.
At the
service at 50 cents per day.
hearing the court will consider
The
1943
legislature
favored
the town's petition and the sched¬
"recognition in some substantial;
uled refunding plan, together with
form" to World War II veterans as
fund
Proofs
indebtedness.
its
and all answers or objections
filed by creditors within
the time allowed by law, and take
and hear and consider testimony
any
thereto
said plead¬
all issues made by
on
soon
possible
as
after
they
are
mustered out of service.
Lieut.-Governor Backs Veterans'
Bond Issue Proposal—Lieut.-Gov-:
ernor
Fred
Houser
has
declared
ings. Creditors who have hereto¬
his support of the $30,000,000 State
fore accepted in writing the re¬
bond issue for assisting war vet-,
funding plan are not required to
erans
in the purchase of homes,
file any further proof of claim
and farms, to be submitted to the
herein.
voters at the general election in.
November.
Miami, Fla.
by Representative L. C. Leedy of
Bond Refunding ; Approved ■
Beach, chairman of the
The City Commissioners are said
legislative finance taxation com¬
to have agreed to refund $7,623,mittee, the primary reason for re¬
000 of the city's bonded debt by
quiring this information is that
calling for bids on new bonds at a
many
Florida
cities,
including
lower interest rate.
We under¬
Jacksonville, Miami Beach, Talla¬
stand that this proposal was pre¬
hassee and Orlando, do not need
pared by R. L. Mitchell of Massaid.
lich & Mitchell, New York munic¬
Florida '
Modern
Orlando
cities
that
have
State
the
has
contended
encroached
ipal bond attorneys.
Woodmen
of
America
(Rock Island), III.
*
Offers
$6,046,000 Various Mu¬
nicipals—The above organization
is
asking for bids until
noon
.
(CWT)
on Sept. 14 on an offering
$6,046,000 par value of its hold-,
ings of various State and munic¬
ipal bonds, comprising 51 separate
of
blocks.
Riviera, Fla.
municipal income through
usurping tax sources, such as cig¬
upon
ceiling
press:
June
learned on
Aug. 29.
Although the state's books have
closed since the end of the
period, the statistical work
the surplus of the year will com¬
favorably with that amassed
during the preceding fiscal year.
The surplus for the year ended
June 30, 1943 totaled more than
$10,000,000 and marked one of the
greatest surpluses recorded in the
pare
history.
Increased
gasoline, and placing
A
separate bid
must
be
submitted for each lot and all bids
30
the
meeting
told
the
"We already have one-half
days
file.
Within
need.
we
expect
we
complete
At
have
to
that
the
time
we
will meet
pa
again in Orlando, Tam¬
Miami to make definite
or
legislators feel the State's
financial
is
structure
in
now
the
task
and
uphill,
satisfactory.
"Florida
has
but
been
the
schools
returns,
princi¬
15. Offers will be received at the
company's head office in Rock Is¬
Idaho
land, 111., by mail or telegraph,
but not by telephone. Delivery of
held on Oct. 3 in or¬ bonds will be made either on
Sept."
der to have the voters pass on the 18 or
Sept. 19, at the Harris Trust
proposed issuance of $45,000 in & Savings Bank, Chicago, against
Election—A special elec¬
Bond
tion will be
completion
the
for
discontinued,
was
of
a
v ?
terest
B.
the Board
payment
the following
McCahey, President of
were
once
a
major problem," he pointed out.
Education, called for
of
on
6,
Sept.
1944,
warrants:
to 12 millions for the schools. That
of
delivery.
will notify: successfulby telegraph on or before
noon (CWT) on Sept. 15, each bid
accepted being designated by lot
number.
The
$6,046,000 'bonds
making up the offering are as fol¬
Company
Called—J.
Warrants
date
nished with each lot of bonds sold.
Chicago; III.
School
the
to
Copy of legal,opinion will be fur¬
ILLINOIS
are
payment in Chicago funds at the'
abandoned when the WPA accepted prices, plus accrued in¬
sewer,
laborious
results
"State aid has increased from one
tax
IDAHO
"pretty good shape," according to
Representative Leedy, who added
that
.
Coepr d'Alene,
bonds
plans."
The
B on d
Refunding
Sought—A Circuit Court
the amount the city
on
the information
has not yet been completed. How¬
fiscal officials estimate that
and
arettes
lowing
during the fiscal year
30, 1944 is expected
to approximate $10,000,000, it was
ended
'
bidder
lows:
1
/
*
"
:
ELot No. 1
1943.
tion
businesses,
it
was
said, can now turn our; attention to
'$100,000 Abilene, Tex., 4% Water¬
Building Fund, 1943, Nos." Bcoupled with a general decrease other problems."
works
System Improvement
3432 to B- 3723, dated Feb. 2, 1943.
in the cost of government due to
He said
the
meeting marked
Revenue, v" Series
B
bonds.
Playground Fund,1943, Nos.
wartime restrictions on construc¬
the beginning of a sympathetic
Dated Feb. 1, 1938. Due May 1
P-269
to
P-290, dated Jan. 27,
tion and other normal
pally from those levies
California (State
committee
financial standing of Florida cities
would
be
required
before
aid
mulated
state's
calendar year
—
pass
Jacksonville,
sub-committee
that detailed information
000,000—The state's surplus accu¬
ever,
—„
to
the
the
at
meeting at
legislative
State
a
1,212.00
Total
that
asked
election
issue
fiscal
tax
tax
an¬
been
permits-
Liquor sales tax
be
construction
340.00
Wine
tax
Financial
Last
Paid—A $55,000,000 State bond is-:
sue authorized in
1922 for bonus,
Validation are te be made in terms of a dol-i
hearing lar price per $100 face value of
school.
will take place on Sept. 25, it is bonds, according to J. M. Fitzsimauthorities may levy.
said, on a petition for validation mons, Manager Investment DeCONNECTICUT
Optimistic as to the possibilities of
$95,000 3 Vi % to 3%% refund¬ partment. No deposit is necessary
Connecticut (State of)
of reaching a solution to the prob¬
and all the bids will be considered'
ing bonds. Due in 1945 to 1964.
Surplus Expected to Reach $10,- lem, Representative Leedy, fol¬
firm until noon (CWT) on Sept.'
bond
the
3,710.00
Wine
Liquor
was
McDonald
M.
will
voters
It
—
recently by Superinten¬
J.
dent
140.00
tax-
Election
Bond
3,428.00
Vending
machine
Municipal
Data To Be Required—In a recent
League of Municipalities
966,225.87
tax__
Florida (State of)
Detailed
Florida
interest.
$9,940.50
33,956.85
tax_.?
Sand and gravel
re¬
P.M.
8
a
par
Aug., 1944
Severance
will
until
(EWT) on Sept. 25 of series A
refunding bonds of 1938 and/or
series B refundings of 1940 in the
amount of approximately $25,000.
formed
unconditional. Enclose
Cigarette permits
Treasurer,
tenders
E.
Co., Chicago.
Illinois (State of)
•
Fla.
Howey-In-The-Hills,
the
Wanted—Catherine
sealed
ceive
$15,400 2V4S, at 100.081.
advised
Continental Illinois National Bank
& Trust
C. Pierce Corp., jointly, field.
and Clyde
for
lando, at
joint
and ac¬
The proceedings
check for not less than 3%
Department
Cigarette tax
fiscal
sold at not less than par
Revenue
Auto Division fees
the
payable at the County Treas¬
urer's office. The bonds will be
est
following statement of gross
(on a fiscal year
basis), was made public as of
Sept. 1 by Murray B. McLeod,
collections
Gasoline
and
town
agents.
exceed
be
August Gross Tax Collections—
Auto license fees
the
between
Delray Beach, Fla.
for the issuance of said bonds will
tax
a
crued
school
Arkansas
to
pursuant
refunding agreement entered into
called.
be received until
(P. O.
Phoenix), Ariz.
ance
City.
Bank,
City
Bond Offering—Sealed
Cashion School District
a
holder at the
New York
the option of the
at
National
Control,
Orange County, Laurel Elementary
Strong, City
School District, Calif.
ARIZONA
Bonds Voted—At
ings Association, Los Angeles, or
of
Board
Tenders
the bond obligations.
on
of America National Trust & Sav¬
Dis-:
Bond Call—Arley M- Ball;
Moeller also
Mr.
—
awarded
was
taxes
of $4,366,000 of out¬ yielded $503,544, a decrease from
standing bonds, the new issue to $514,104 for July, 1943.
Dated Oct. 1,
1.62%.
about
and due Oct.
on corpora¬
peak
has
been reached,
and
we
Educational Fund, 1943, Nos.
2143 to
.
E-2603, dated Sept. 1,
*
General
in
crease
assets
Fund Assets
Year
of the
—
Show
Total
In¬
current
State's general fund
July 31 amounted to $126,047,434, compared with $97,114,618 on
on
the
same
Riley,
day
state
a year ago,
controller,
Harry B.
has an¬
nounced.
Total
July
receipts for the month of
$13,128,100, a decline
from the total of $22,562,511 for
the
were
like
period
a
Total disbursements
year
earlier.
to
$41,108,998, a considerable increase
over
$9,680,519 last year.
Retail
sales
and
use
taxes
came
declined
to
$6,756,631 from $17,330,090, while
projects,
are
tion
responsible for the accumula¬
of
the
large
surplus
during
the past year.
v
The accumulated surplus, it was
reported by fiscal authorities, will
likely be used to wipe out some of
the state's debts and
tion
will
be
set
cently-created
Fund for
use
in
Postwar
after the
the cities
certainly
are
an
integral
part of the State. If they need fi¬
nancial
aid,
they
should
receive
it."
the
re¬
Hardee
County Special Road and
Bridge Districts (P. O. Wauchula), Fla.
Reserves
war
to sta¬
bilize costs.
Bond
During the fiscal year ended
June 30, 1944, state tax
receipts
were at a high level.
Corporation
Aug. 29
business tax returns led the
at
field,
1943.
-
SBA
Sale—The
refunding
—
v.
160,
p.
474
—
Nos. T-501 to
price
of
102.50,
a
basis
'
Fund,
as
T-541, dated Jan. 27,
follows: $11,000, 1960; $16,-
000,
1943,
.
1961; $18,000,
/1963; $18,000,
1962; $19,-
Holders of the
above described
required to pre¬
them to the Board of Edu¬
warrants
were
cation, City of Chicago, Room 356,
228 North La Salle Street, on or
September 5, 1944, in order
same could
be- verified and
computed •«.so; that
warrants
2s,
Treasurer
of
ment
"drawn
can
thereof.
be
on
the
issued
in
cash
.
:
74,000 Bristol, Tenn., 4% Water¬
works bonds of 1935, Series S.
Dated Oct. 1,
as
follows:
1935. Due Oct. 1
$10,000, 1944 and
$5,000,
1945;
1946;. $15,000,
1947; $4,000, 1948; $5,000, 1949
and
1951;
1952
$10,000,
1953.
and
;
Lot No. 3
City
pay¬
1965:
1964 and
Lot No. 2
1943.
before
were
as
Book
Text
$10,000 coupon that
bonds
offered interest
awarded to J. Louis Moellera
'
Free
sent
large por¬
a
aside
understanding between the State
legislators
and
city
officials.
"We acknowledge," he said, "that
16,000
Buchanan
5%%
Road
.
County,
Va.,
Improvement
Volume
bonds.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4315
160
Dated
June
1923.
1,
-
follows: $4,000
1945 to 1948 inclusive.
Due June 1
as
30,000
Buchanan County, Va.,
5%% Road bonds. Dated Dec.
^
1,1923. Due Dec. 1 as follows:
$2,000 1944 to 1948 inclusive;
$4,000, 1949 to 1953, inclusive.
-
C., 5%
Street
Improvement
bonds.
Dated Aug. 1, 1938. Due Feb.
r
I
follows:
1,-as
$13,000,
1945;
$23,000, 1946; $25,000, 1947 to
f;
Lot No.
■
30,000 Cherokee Co., S. C., 5%
School District No. TO bonds.
Dated
$14,000, 1952; $33,000, 1953.
1
1950, inclusive; $5,000, 1951 to
1955, inclusive/
•
•
'
"
86,000 Jersey City, N.
General
$20,000,
$27,000,
$5,000,
Due
1957;
$35,000,
1958;
1959;
$5,000, 1962.
$15,000,
Road, Series 1924 bonds.
2, 1924. Due June
2, as follows: $12,000, 1945 to
1948. inclusive; $2,000,
1949;
bonds.
4%
Dated
Due July
1,
July
1949;
1951;
$5,000,
trict No. 16 bonds. Dated
1952 to
1956
1958, inclusive; $14,1959 and 1960; $2,000,
000,
•
1961.
Lot
No.
Lake Co., Fla., 4% Road
& Bridge, Ref.,
Series 1939
bonds.
Dated July 1, 1939.
Due July 1, as follows: $2,000,
1960; $18,000, 1961, 1962 and
1963; $17,000, 1964.
12
Lot
95,000 Hamtramck, Mich., 4%%
Water
System
Extension
bonds. Dated Jan. 2,
due Jan.
-
Dated
1950;
follows:
$4,000, 1950,
$3,000, 1951; $2,000, 1952; $5,000,
1953 and 1954; $6,000,
1956; $5,000, 1957; $6,000, 1959;
$3,000, June 1, 1960; May 1, as
follows: $5,000,
1961; $9,000,
1962 and 1963; $10,000, 1964;
$6,000, 1952; $6,000, 1954. $6,-
$9,000, 1965 and $10,000, 1966.
1,
Lot No. 13
'
Henderson,
75,000
Waterworks
5%
C.,
N.
Dated
bonds.
July 1, 1927. Due Jan. 1, as
follows: $5,000, 1946; $5,000
y
v..
1948
and
$6,000,
1949;
1960: $7,000,
1962; $4,000, 1964;
Lot
V
•
and
Dist., Ref. bonds
July 1, 1941.
Due July 1, as follows: $20,-
of
Bridge
to;. 1966, inclusive,
optional 1961; $20,000, 1968 to
1971, inclusive, optional, 1966.
000,
;a;i
~ti ■
Dated
1941.
1963
Lot
,'n
No.
s
1,
Lot No. 28:"
;i: :
*Los Angeles1, Calif., 4%
Metropolitan Water District of
So. Calif., Col. River Refund¬
ing bonds. Dated Aug. 1, 1937.
Due Aug. 1, as follows: $250,-
15
000, 1978; $5,000, 1983.
.
Lot
No.
16
Marion County, Fla., 5%
Road, Series E bonds.
Dated Feb. 1, 1938. Due Feb.
1,1955.
55,000
123,000 Hillsborough Co., Fla.,
5lfz%
East
Tampa,
Special
Road & Bridge Dist. No. 2,
highway bonds. Dated Jan. 1,
1925. Due Jan. 1, as follows:
i
$10,000, 1946;
$21,000, 1949;
$20,000, 1950 and 1951; $10,000,
1952
and
1953; $2,000,
$16,000,
$14,000,
1945;
1948;
1954.
Lot
100,000
I
",V. Public
v
Vi ji
bonds.
No.
17
Huntsville,
Imp.
Dated
Due April
1,
Ser.
April
1,
4%
1939.
f.tp-
000. 1957; $9,000, 1958; $18,000,
j.;;
1959;
$6,000,
1960;
$21,000,
$7,000,
1963:
$12,000,
1965; $6,000, 1966, $5,000, 1967.
1961;
$6,000,
$5,000,
Lot
1962;
1964;
No.
31
Dated Dec. 1,
Due Dec.
1931.
1, 1946.
Lot
200,000
V/4%
bonds.
No.
32
Mississippi,
Highway,
Dated
Due as follows:
of,
State
Series
1st
Feb.
8,
1938.
$60,000 Feb. 1,
1948; $140,000 Aug. 1, 1948.
Lot
No.
No.
Covington, Ky.
$300,000 by
permit in¬
stallation of additional intercept¬
ing sewers is said to be in pros¬
the
$250,000
above
and
district
Bonds
Called
Unpaid—In
Still
to
installation
sewer
Due
1945
July 1, as follows: $8,000,
and 1946; $10,000, 1947;
1949;
$18,000, 1954;
$5,000, 1955; $4,000, 1956.
Lot No. 43
416,000 Sarasota County, Fla., 4%
Road and Bridge Refunding,
Issue of 1940
bonds. ' -Dated
Oct.
1,
awarded
were
to
Co.
of
1940.
Due Oct. 1, as
$9,000, 1946; $2,000,
$48,000,
1949; $1,000,
$50,000, 1955; $26,000,
1961; $59,000, 1962; $58,000,
1963; $85,000, 1964, and $78,1951;
V
Cincinnati,
price
000, 1965 (Optional 1950).
of
mitted
as
100.52,
H.
Due
was
an
100.135
for
iy2s,
the
by
City
Corp. of Indianapolis.
520, 521, 522, 523, 524. Coupon No.
60 detached. Total $500.
1 coupon
sub¬
1, 1935. Due Jan. 1, as
$195,000, 1946, and
at $2.00 detached from
414. Total
bond No.
Securities
'*
•
•
-".'v•
Oakland
•'
$150,000
Sale
sold
was
issue
on
No
of
nection
airport
as
a
composed
group
46
1, 1938. Due June 1, as
follows: $10,000 1953 and 1954;
of
on
Aug. 25
White-
with
No.
Due July
47
Bonds Sold—E. K.
and
1, as follows:
Sept. 5, of county highway im¬
(Detroit), Mich.
Co., of Chicago, at 125.519
To John Nuveen &
Issue
Rock, Ark.—Water Revenue_4
Los
Date ;;
Maturity
2- 1-36
Rate
Purpose
2- 1-60
2- 1-59
5,000
Co.,; of Detroit, at 130.932
Indianapolis, Ind.—Gas Plant Rev._Vfc 6- 1-35
6- 1-54
'
"
6- 1-56
38,000
1-23
To H. V. Sattley &
.
,
6-
33
100,000 Montgomery County, Ala.,
To John Nuveen & Co., of
Wayne, Ind.—Se^v. Wks. Rev. 3V2
To
the
1-60
7,000
1-64
50,000
Chicago, at 123.899
8- 1-38
50,000
8- 1-58
4lk
7- 1-34
1,000
7- 1-54
Hilsey^Stuart & Co., at 129.^5
Louisiana, State of—H'wafy, Ser. F 5
3-15-32
3-15-53
.
To
15,000
■
* :■■
■■<■
3-15-54 :
■
,
5,000
Not Sold
Baltimore, Md.—/-Sewerage Imp.
Reg.
—-
To
Detroit, Mich.-
Ref.
Ser.
41/4
A
10- 1-80
3V2
Ilalsey, Stuart &
10,000
Co., at 119.09
2-
1-33
2- 1-50
1,000
1-52
22-
To
Ilalsey,
Ref.
To
Detroit, Mich.-
Ser.
A-.—'
VA
v
4%
Lot No. 50
12,000 Waco, Texas, 4%% Water
Improvements bonds.
Dated
July 1, 1929. Due July 1,1957.
11-15-53
13,000
50,000
6-15-33
12-15-53
6,000
1-
,
1-33
1-
1-55"
5,000
1-33
2-
1-54
5,000
5-15-54
5,000
5-15-33
To the
First of Michigan Corp. of
Detroit, at 122.792
5V2 11- 1-21
Mich.—Hospital
To Crouse,
in¬
5-15-33
2-
Hamtramck,
$10,000, 1953; $15,000,
7,000
Ilalsey, Stuart & Co., at 122.59
Ref. Ser. A-._-._-
1959, and $20,-
100,000 Waco, Texas, 4>&%<Water
Improvement bonds. {<• Dated
July 1, 1928. Due July 1, as
1-55
Stuart & Co., at 121.33
1939. Due July 1, as fol¬
lows:
$32,000, 1954; $35,000,
No.
1-53
3,000
5,000
11-15-54
Detroit, Mich.-
District,
1954; $20,000, 1955 to 1957,
clusive; $15,000, 1958.
1-59
62,000
60,000
Trust Co., of Chicago, at 127.20
Northern
Chicago, 111.—Refunding p—
48
Bridge
48.000
1-58
6-
Fort
1-57
6-
6-
.
1,
follows:
5,000
,
2-
Bridge Refunding,
Series 1939 bonds. Dated July
Lot
Par
$6,000
Smith & Co., of Detroit, at 137.8J5
Crouse, Bennett,
Angeles, Cal.—Water, Class C-5/1.2-
1956;
1959,
and
1955; $45,000,
con¬
tenders
ment Department, reports that $1,017,500 of the $1,039,500 various
municipal bonds offered for sale on Aug. 17, were awarded as follows:
.
132,000 Volusia County, Fla., 4%
Deland-Lake
Helen
Special
Road
for
Akey, Manager of the organization's Invest¬
r
1955; $35,000,
$16,000, 1958; $11,000,
and $15,000, 1960.
$23,000,
Lot No.
call
£>bonds were received.
Ki' K';
100,000 Sumter County, Fla., 4%
Road and Bridge Ref., Issue
of 1940 bonds.
Dated July 1,
Road
the
provement
The Maccabees
1955 and 1956.
Lot
•
Phillips
follows:
60,000 Statesville, N. C., 414%
Sanitary Sc,wer bonds. Dated
$20,000,
'»•
6-
$6,000, 1945 to 1952, inclusive.
Lot No.
• -•
«••.•
O. Pontiac),
(Covert)
refunding
Co., Vieth, Duncan & bonds, dated Nov. 1 1935, and due
on Nov. 1, 1958, it, is reported by
Wood, and Quail & Co., all of
the Board of County Road Com¬
Davenport, as l%s. Due over a
missioners that no tenders of said
period of 20 years.
to
48,000 Starr County, Texas, 5V2%
Road bonds.
Dated Aug. 1,
1,
' >
•
Received—In
Tenders
-
Due Aug.
,
(P.
Mich.
An
anticipation
tax
certificates
—
$100,000, 1947.
1922.
$2.
•••/
.
County
Clinton, Iowa
Certificate
To
follows:
$500, numbePe^ 327
No. 60 due August
MICHIGAN
Little
295,000 South Carolina, State of,
414% State Highway Certifi¬
cates of Indebtedness. Dated
at
coupon
1, 1942. Total $510.
5 bonds at $100 each/numbered
in
Second best bid
bond
1
with
1V4S, paying
according to
Radcliff.
Ben
10 years.
offer
Lot No. 44
Jan.
of
Trustee
Bank
at $1,000 each, num¬
97, 110, 111, 112, 113 with
coupon No. 60 due August 1, 1942.
Total $5,100.
Reusch &
Fox,
National
bonds
5
semi¬
$20,000
First
Co., Covington:
bered
annual building bonds offered for
sale on Sept. 2—v. 160, p. 875—
follows:
1947;
6 Trust
Spice Valley Township (P. O.
Huron), Ind.
Sale—The
the
to
ment
IOWA
$1,000,
'■
holders to forward them for pay¬
bonds.
INDIANA
42
ooo, 1960.
50,000 Mississippi, State of, 5!£%
General
Obligation
bonds.
P-l
follows: $5,-
30
40,000 Mississippi, State of, 5V2%
Banking Dept. bonds. Dated
Dec. 1, 1931. Due Dec. 1, 1946.
T
Ala.,
Ref.,
as
Ref.
Lot. No.
as
54,000 Port of Palm Beach Dist.,
Fla., 5V2% Refunding, Series
A bonds.
Dated July 1, 1937.
Lot. No. 29
*
1,
Lot
1940.
description
of
this
item is "Metropolitan Water Dis¬
$15,000, 1948; $46,000, 1950; trict of Southern California."
;
$19,000, 1951; $10,000, 1952.
♦Correct
1939.
Dec.
255,000
100,000
i
Dated
follows:
Hillsborough Co., Fla.,
5% Highway bonds.
Dated
July 1, 1922. Due July 1, as
follows; $5,000, 1946 and 1947;
.<
4%
1936. Due Feb. 1, as
$5,000, 1963; $30,000,
V 1964; $25,000,
1965;
$4,000,
v
1972;
$30,000,
1973; $5,000,
1974, and $25,000;-1975.
,
;
Feb.
14
No.
^160,0CKl ^HiIlsboipdgtt" Co., Fla;;
|
4% N. E. Tampa, Special Road
bond issue of be¬
on a
Lot No. 45
Ark.,
Rock,
Water Revenue bonds.
$7,000, 1966; $4,000, 1967.
.
Little
1,
follows: $124,000, 1960; $50,000, 1961, $52,000, 1962, and $53,000, 1963.
Lot No. 27
124,000
tween
a
Oct.
Dated
Due Oct.
as
000; 1956; $7,000, 1958; $7,000,
'
bonds.
Public
2, 1961.
now
KENTUCKY
Bond Election Contemplated—A
Bond
40
No.
279,000 Pinellas County, Fla., 4%
Road & Bridge Ref. of 1939
No. 26
Lake Charles, La., 4%%
Improvement
bonds.
May 1, 1926. Due May
91,000
1931 and
It is
—
P.
Co., of Des Moines, and the WhitePhillips Co. of Davenport, jointly
Sterling, III.
—v. 160, p. 1027—were purchased
Bond Authorized—An ordinance as
Is, at a price of 100.67, and
is said to have been passed re¬ mature on
Nov./! as follows: $6,cently by the City Council, calling 000 in 1945, $7,000
ip 1946 to 1954,
for the issuance of $63,000 refund¬ and
$6,000 in 1^55; callable after
ing, Series 1944 bonds.
5 years, giving a basis of about
0.84%. Interest payable M-N.
Urbana and Champaign Sanitary
District (P. O. Urbana), III.
and
Lot No. 41
Let No. 25
1955, inclusive; $4,000,
J.
by
Des Moines National Bank & Trust
building bonds was approved
by the voters on Aug. 5.
"
$30,000,
$25,000,
73,000
to
"
1951,
$90,000,
50,000 Pike County, Ala., 6%
Funding bonds. Dated Jan. 1,
1923. Due Jan. 1, 1953.
1953.
July
1, 1937. Due June 30, as follows:
$2,000, 1951; $14,000,
1939.
1,
1950;
1952;
$4,000,
County, Fla.,
Special Tax School Dis¬
1939
follows: $9,000,
as
11
Escambia
Series
Refunding,
10,
stated
000
$95,000, 1961.
Lot No. 24
73,000 Lake Co., Fla., 4% Spec.
Road & Bridge District No.
$12,009, 1950, 1951 and 1953.
No.
follows:
1961;
86,000 Duval Co., Tex.«5^% Spe¬
cial
Orange Co., Fla,, 5V2%
Special Tax School Dist. No. 1,
School Building bonds. Dated
July 1, 1921. Due July 1, as
Lot
July 1, as follows:
$29,000,
Details
Brown, County01
Morton Grove Sch. Dist. No. 70, III. Treasurer, that the $75,000 county
Bonds Voted—An issue of $12,- hospital bonds sold to the Iowa-
referendum
185,000
1949;
1951;
1953;
ries 1939 bonds. Dated July 1,
1939.
1, 1951.
Sale
announcing that the following de¬
scribed
city bonds and interest
Sept. 15, 1961. \
coupons,
which were called for
pect, after a recent meeting be¬ payment on Aug. 1, 1942, have not
Lot No. 38
tween
the district
trustees
and as
yet been presented for redemp¬
10,000 Orange County, Fla., 5%
officials of both cities.
tion,
City
Comptroller
Martin
Special Tax School Dist. No. 1,
School Building bonds. Dated
Proposed Bond Election
An Holman urges that anyone having
election
will
be
called
on
the knowledge of the ownership of
/ Feb. 1, 1926. Due Feb. 1, 1956.
should
advise
question of issuing up to $300,000 such obligations
Lot No. 39
9, Road and Bridge Ref., Se¬
10
Dated June
Lot No. 37
_
$20,000, 1967.
Lot
Se¬
100,000 Lake Co., Fla., 4% Spec.
Road and Bridge District No.
$16,000,
No.
A% Permanent Improv. bonds.
Dated
April
1,
1931.
Due
April 1, 1968.
/
$15,000, 1954; $5,000, 1955.
1957
:'h
1948;
1950;
1952;
1,
100,000 North Carolina, State of,
1,' 1937. Due March 1, as fol¬
$10,000, 1946 and 1947;
$15,000,
$25,000,
$18,000,
Dated
Due -June
1940.
1,
1980;
lows:
May 1; as follows: > $100,000,
100,000
Ref.,
Lot No. 23
120,000 Dade County, Fla., .4%
Special Tax School District
No.
2,
General
Refunding
bonds. Dated May 1,1937. Due
Lot
Tenn.,
1937 bonds. Dated March
$25;0p0, 1958.
Lot No. 9
June
Due Jan.
Bond
—
City,
Waterworks
4V2%
ries
Highway bonds. Dated
"Jan. 1, 1927. Due Jan. 1, as
follows: $5,000, 1952 and 1953;
$11,000, 1954; $20,000, 1955;
and
1953;
Lot No. 22
5%
,1-
$39,000,
Johnson
150,000
| 66,000 Columbus County, N. C.,
I
Improvement bonds.
1, as follows:
$47,000, 1958.
Lot No. 8
.
for Transit Unification.
Orange County, Fla., 4%
Refunding, Series A bonds.
Dated
Sept. 15, 1936.
Due
Dated Sept. 1, 1921. Due' Sept.
34,000 Columbus County, N. C.,
4%% School Building bonds.
Dated May 1, 1928. Due May
1, as follows: $3?000, 1948 to
3%
New York City, N. Y.,
Corporate Stock (Bonds)
50,000
Lot No. 21
Lot No. 7
35
Lot No. 36
Jersey
April, 1,
1923.
Due
April 1, as follows; $10,000
1954 to 1956, inclusive.
*
Funding bonds.
Dated
Due Feb. 1, 1948.
Lot No.
635,000
;;
;
Serial
Lot No. 6
:
20
City, N. J.,' 4%
Funding and General
Refunding, Registered bonds.
Dated July 1, 1935. Due July
1, as follows: $131,000, 1951;
"178,000
1949, inclusive.
,
rial
.
1952.;"
*
x
100,000 Newark, N. J., 3%% Se¬
;
City, N. J., 4%
General
Refunding
bonds.
Dated June 1, 1935. Due $100,000 June 1, 1948 and also in
Burlington,- N.
111,000
;
34
County (P. O. Mount Pleas¬
ant), Iowa
Dated Jan. 1, 1921.
ing bonds.
.
Lot No.
henry
51
No.
50,000 Waco, Texas, 5% Refund¬
April 1, 1935. Due April
1, 1865.
■
.
Feb. 1, 1935.
Jersey
200,000
Lot No. 5
■*
Dated
Lot No. 19
/
Lot
4.40% Road Refunding bonds.
1946.
$75,000,
-
.
;
18
Jefferson ' Co., Ala; 6%
Road
&
Building, Series B
bonds. Dated April
1, 1922.
Due
April 1, $100,000 1945,
Lot No. 4
•
Lot No.
;
175,000
1123
11- 1-51
Bennett, Smith & Co., of Detroit, at
20,000
126.053
Hamtramck, Mich.— School Dist.
No.
11-26-23
5
8
To Harvey
Hudson County, N.
11-26-53
5,000
Klein & Co., of St. Louis, at 127.84
J.—Park
4V2 11-15-27
(Michigan Tax Paid)
To Harvey Klein & Co.,
Newark, N. J.—Water
To Harvey Klein &
Newark, N. J.—Public Imp.
-
11-15-56
1,000
of St. Louis, at 126.60
5V2
9-15-21
9-15-51
5,000
Co., of St. Louis, at 139.98
6
3- 1-32
3- 1-56
15,000
Corp., at 139.63
To the First Boston
N. Y—*Corp.
New York,
Reg.
.
.
3V2
'i
To R. W.
Pressprich & Co., of New
(
^
Ohio—Water
35,500
ing to Fred Fredrickson, District
at 142.00
7- 1-61
2,000
11-1-66
2,000
Not Sold
Reg—SVz 11- 1-32
Cleveland, Ohio—Water
To the First Boston
-
1
•
,
Corp., at 159.01
■
10,000
1-66
10,000
11-
112.14
Sutherland & Co., of Toledo, at
To Ryan,
1,000
11- 1-59
11_ i_65
5V2 11- 1-32
Ohio—Water,-
Cleveland,
-
10- 1-45
2,000
1,000
10-
1-47
10-
1-48
1,000
1,000
»;> 10-
1-49
4- 1-29
5
Ohio—Sch. Dist.
East Cleveland,
the voters
1-56
7- 1-19
5
—
21
Aug.
on
10-1-46
rate
be fixed
be
may
without
by local authorities
popular vote. Failure of
a
the
designate a
the sky the
Legislature to
ceiling would leave
limit
how high taxes could
by the people.
to
as
Adoption of the Mayer amend¬
rescinded
ment
school
Louis
action
earlier
the convention
of
by which the St.
tax
frozen
was
MEXICO
NEW
Hobbs
Municipal Sch. Dist. No. 16
(P. O. Lovington)i N. M.
Sale—The $172,000 semi¬
school bonds offered for
Bond
annual
sale
160, p. 678—
Sept. 2—v.
on
purchased by the Lea Coun¬
ty State Bank of Hobbs, as 2s, at
were
par,
according to G. D. Jones,
County Treasurer. Dated July 1,
1944.
I in 1945. to
-Due;on July
1949 inclusive.,
at
,1;
'
the Constitution.
This
figure represented a
rate of 89 cents which may be fixed
,
•
^
NEW YORK
in
$1.33
Y.
East Aurora, N.
maximum
Bond Sale—The issue of
$11,000
bonds offered
awarded to Blair &
by the Board of Education with¬
fire truck purchase
out
Clerk.
Co., of Cleveland,
To C. F. Childs &
Cleveland,
held
tion
approved the issuance of $11,000
school construction bonds, accord¬
11-1-56
I"?
-
—
Sch. District
Township
(P. O. Farmington), Minn.
Bonds Voted—At a special elec¬
No. 76
17,000
49,000
11-
Re|;me
Reg.
Greenvale
voters, but the'
specify the ex-1
the
raised above the maximum which
be voted
MINNESOTA
10,000
'
11- 1-55
2-15-06
4
——
consider
000,000 post-war building bonds.
120.39
T6
Reg
general election taxpayers will
a proposal to issue $7,-
ber
12,000
York, at 117.63
^ iV; Pressprich & Co., of New York, at
Yor&N. Y#~^orp. Stock
^
New
Election—At the Novem¬
may
which
to
can
-
11- 1-54
1905 , .11- 1-55
Stock-- 3V2
Mich.
Bond
25,000
116.80
1904
Stock—3 Vz
York,j N.-Yit^Corp.
New
S 5- 1-54
Wayne County (P. O. Detroit),
of the
two-thirds
Legislature
tent
'•'Y- 'V:'
4,000
5- 1-54
Halsey, Stuart & Co., at
To
York, N. Y.—"Corp.
New
1904
1904
Stock
| Dated Sept. 1, 1944. Due on Jan.
J15, 1945.
10,000
6-15-64 v
Curtis, of Detroit, at 115.48
Paine, Webber, Jackson &
To
6-15-14 V
-4%
Buffalo, N. Y.—Water Reg.
Par
Maturity
Date
Rate
Purpose
Issue
Monday, September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1124
Aug. 31 was
popular vote and
a
50% in¬
a
Co., Inc., New York, as Is, at a
Relief Issue Necessary—Failure two-thirds majority vote. As the price of 100.05, ,ar basis of about
of the Federal government to pay section now stands approved, the 0.983%. Second high bid of par for
Is was made by the Erie County
a
year
old-bill of $175,000 for board can levy a maximum of 89
Trust Co., East Aurora.
Among
clothing made by relief recipients cents but there is no limit to what
other bids were the following:
is one of the reasons which will the people can vote unless the
(for 1.10s) Marine Trust Co. of
make it necessary for the city to Legislature specifies a ceiling.
The convention's
taxation file Buffalo, 100.139; Newburger, Loeb
issue $300,000 bonds in order to
maintain the relief and welfare proposed the following maximum & Co., 100.109.
The bonds are dated Sept. 1,
program for the remainder of this rate which could be levied with¬
Louis
County Indep. Sch. Dist.
No.
2,000
authorized by a
was
Interest
M-S.
Denomin¬
people: for mu¬ 1944.
ation $1,000.
Due Sept. 1, as fol¬
nicipalities, $1 on the $100 valua¬
lows: $2,000 from
1945 to 1948
tion; for counties, 35 . cents in
counties
having $300,000,000 or1 inclusive and $3,000 in 1949. Prin¬
more
assessed valuation and 50 cipal and interest payable at the
out a vote of the
year.
St.
which
crease
Minneapolis, Minn.
12
(P. O. Ely), Minn.
Offering — Sealed
Certificate
-
& Co., of
To Miller, Kenower
Deschutes County, Ore.—
^School District No. 2
>
5-15-46
2,500
5-15-47
5-15-29
5%
;
; ifiTo the First of Michigan
^Ontario, Ore.—^Refunding
500
Corp., of Detroit, at
6
5- 1-31
5-
1,000
Redmond, Ore.—Rel Ser.
certificates of indebted¬
$100,000
or
Denominations to
be
$25.00
multiple thereof. Said cer¬
any
time,
within
amount,
1,000
7-1-53
1,000
7- 1-54
1,000
the
141.35
To'MilIer» Kenower & Co., of Detroit, at
Ore.
to be dated as of the time of issu¬
and
ance
est
with
inter¬
December 31,
maturing
before
or
on
Philadelphia, Pa.—
' ' w /
;
• 3V4
41/4% to 12-17-48
3V4
314
3V4
•
•
;■
,
■
.
To F. W. Craigie
South Carolina, State
:
1-75/62
Northern
2,000
1-
1-75/62
13,000
1-
1-75/65
1-75/65
5,000
12- 1-53
12- 1-54 \
19,000
100,000
8-,. 1-57
8- 1-42
5,000
and
Equip. (Missionary Ridge)
5V2
/,
Detroit* at 129.124
To John Nuveen & Co.,
27,000
12,000
10- 1-51
mv,
10- 1-59
5 i
5- 1-53
5- 1-34
5-
!^^
To
Seattle, Wash.-^-*Light & Power
Rev., Ser. LR-1__
•
*
No
•
,
of
the
above
that no tenders of said cer^
tificates
were
received.
/
5,000
Detroiti.^
School District
(P. O. Wakefield), Mich.
Note
Sale—The $46,000 tax an¬
ticipation notes offered for sale
Troy Township School Dist. No, 5 on Sept. 1—v. .160 p. 1029—were
(P. O. R. 3, Rochester), Mich.
•
purchased by the First National
Certificates
Called—Mrs.
Hazel
Bank of
Wakefield, the only bid¬
Hennings, District Director, calls
payment on Nov. 1, 1944, at der^ at 4%, according to the Sec¬
par and accrued interest, 1939 eer- retary of the Board of Education.
for
1,
as
100.032, a
Sept.
basis of about 0.79%. Dated
15, 1944. Due on Sept. 15 in 1945
1949 inclusive, ',
4 '
"
fJ*'
to
1,
Among the other bids submitted
the following (all for 0.90%
follows:
were
bonds):
J-J.
Chase National Bank,;
,;
*
,,,
•
*
■'-"
New.;York.r___wrJx^---lQ0.169
The Commission will also pur¬
Halsey; Stuart & Co.,Estabrook & Co.,
Otis & GoV > ?
y"
incl. Interest M-S.
Paul H. Davis & Co., and
Martin, Burns & Corbett,
jointly
—-«~--_-100.168$
chase
issue
an
Approved—
of
$12,000
3.%%
improvement
bonds.
1, 1944 and due Sept.
1, as follows: $2,000 in 1945 and
1946, and $1,000 from 1947 to 1954
hospital
Lower Penns Neck
,
Township School
(P. O. Salem), N. J.
Sold
—
Wood reports
A.
Secretary J.
Harris Trust & Savings
that
have
Approved—It
$15,000
1945
incl.
been
New Jersey
.Co., New York—.---^100.108*
York, and
;
(State of)
Trust
Tishomingo County Second Super¬
visors District
(P. O. luka), Miss.
Legality Approved — An
Bond
of
bonds
been
2V4%
funding
approved
as
to
legality by Charles & Trauernicht
MISSOURI
Missouri
Local
Tax
—
a
(State
Rate
of)
Ceilings
Aug.
on
8
approved
proposal vesting the State Leg¬
the
on
rates
excess
authority to specify
city, county and school
voted
by the people in
proposed in
of limitations
new
constitution
now
being
drafted by the convention.
1
Following two
days
of ) debate
marked
by clashes between city
and jaunty delegates the conven¬
tion J accepted a compromise of¬
fered -bye-Charles H. Mayer of St.
Joseph,! jwho
metropolitan
sought
the
and at
lid
off
give
the
protection
vote of the peo¬
a
the
same
time
take
entirely, subject only
to restraint of the
The
to
centers
against rates by
ple,
vide
our
Pressprich & Co.,
Legislature.
';V
New
■:y,
;vo
.
'
Si.---
York\(State of)
Kenngott In Charge Of Retire¬
ment
System —In line with his
program
tem.-.
•'
at
.
\
letter
»
•.
.
dustry in its task of reconversion
from
war
to
peace
production.
Although the State government
only stimulate and assist pri¬
vate industry in its development,
Governor
Edge asserted, it can
can
provide considerable employment
through the construction of need¬
ed
public works.
"None of
us," he added, "wishes
ing of public funds so prevalent
during
the
depression
of
the
.
1930s."
for reorganization of the
Employees' Retirement Sys¬
tem, State Comptroller Frank C.
State
Moore has announced
of
,
;
Edwin
B.
Comtroller
Mr.
to
municipal and
school officials, the Governor said
he
had
requested
the "• newlyformed State Department of Eco¬
nomic Development to start work
on such a program at the earliest
possible moment. He said the new
department will strive not only to
institute
a
constructive • public
works program but will do every¬
thing possible to assist private in¬
a
any
city, county or
school district may adopt any tax
rate it desires upon
approval by
amendment
100.031
jointly.
the end of the
war," Governor Edge appealed
August 30 for the cooperation of
all municipalities and school dis¬
tricts in preparation of a program
of post-war public works for New
employment
to return to the hit-or-miss spend¬
vides, that
■
unprepared to pro¬
citizens with constructive
pro¬
Mayer
R. W.
action "in. order that we may not
In
Pro¬
The State Constitutional
islature with
Program Cooperation—
find ourselves
—100.059
-and
■
Unit
Jersey.
$12,500
has
Local
;
>
Co.,. Buffalo,
jointly
Emphasizing the need for prompt
1, 1944.
Urges
New
J
-
Manufacturers and Traders
Phelps, Fenn & Co.,
Marine Trust Co.,. Buffalo,
Post-War
Governor
B,ahk 8c Trust
National City Bank,
Interest
is
school
3%
1951
to
100.1171
Bank, Chicago
Chemical
that the State Em¬
ployees' Retirement System has
purchased
an * issue
of $35,000
2Y2% school bonds at par. Dated
approved as to
legality by Charles & Trauernicht
tax
Wakefield Township
Springs, Miss.
Legality
Convention
•'
3% 12-15-36 * 12-15-55 '; ;;
district, Co., of
by G. J. Ferrand, District Treas¬
urer,
Bond
ceilings
1939, it is reported
Due July
1944.
July
0.80s, at a price of
as
$2,000 from 1945 to 1953 incl.
and $1,000 in
1954. Interest
Bonds
$12,000 3% refunding bonds.
posed
120.67
€>-
dated March 1,
Dated
bonds.
ment
Randolph Consol. Sch. Dist. (P. O. from
Randolph), Miss.
J.-J.
5,000
Bloomfidd anJ Pon'iac
tificates of indebtedness Nos*., 1,
Tps. Frac. Sch. Dist. No; 10
5, 7, 8, 10, 12 and .14, dated May 1,
(P. O. Birmingham, R. F. D.
1939, maturing May ;1, 1949, and
No. 2), Mich.
No Tenders Received—In con¬ subject to prior redeniptioriV Cer¬
nection with the call for tenders tificates; will be redeemed upon
on
Sept. 1, of certificates of in¬ presentation at the Detroit Trust
Troy, Avon,
First National Bank of New York
and
improve¬
general
3V2%
19,000
District
Legality
18,000
Legal Opinion.
debtedness
of
1-54/y 413,000
5-" 1-59
Corp., of Cleveland, at
the First Cleveland
on
of St. Louis.
of Chicago, at 129.909
Seatle, Wash—Light & Power
—
sold
was
Charles & Trauernicht of St. Louis
issue
lO-jnl-rSl
5
issue of $146,-
refunding bonds
Sept. 7.
v
.r or
.
./Rev., Ser LT 2__
Ser. LU-3
Sold—An
000
13,000
3-15"58
...
& Weeks, of
12,000
3-15-57
6- 1-28 ;
4%
Tex.—Refunding
Seattle, Wash.—Light & Power
1- 1-58
1- 1-28
1944.
of St. Louis. Dated Aug.
10,000
Co., of Detroit, at 130.70
..
Rev.,
MISSISSIPPI
bonds
'
•
incl.
registered
or
Dated Sept.
reported
Chattanooga, Tenn—Street
To Miller, Kenower &
6,000
3- 1-54
3- 1-24
1948
$12,000 in 1949. Interest F-A.
the
reserves
1,
Aug.
follows: $13,000
as
to
July 1, 1944. Due $5,000 on July 1
of Cleveland, at 127.26
Sold
Not
Board
1,
1945
from
delivery.
have approved legality of an issue
10- 1-60
of—School—J-; 5J/2 10- 1-20
To Hornblower
School
of
Dated
bonds.
Due Aug.
Sale—-The
$950,000 cou¬
semi-annual
general improvement* bonds of¬
fered for salevbn Sept.. 5-^--v. 160,
p.
1030—were
awarded to the
pon
$83,-
hospital apparatus
3V2%
$64,000
par
date
purchased
follows:
has
000 bonds as
be
right to reject any or all bids and
to accept bids for all or any part
of said aggregate amount
Ocean
Trust Co., of Chicago, at 153.386
the First Cleveland Corp.,
Amarillo,
The
the
to
Bond
Tenn.—Public
Hospital and School
—5
Fire
thereon
114.36
Co., of New York, at
2%
sale
Buffalo, N.Y.
Bond
Sinking Fund
Sale—The
Commission
said
below the
price
a
of
cannot
Hattiesburg, Miss.
Chattanooga,
(
at
17,000
.
,
District.
3,000
4% 12- 1-30
NEW JERSEY
Both
The
Treasurer
certificates
of Richmond, at 127.55
Highway, Cert, of
State
1,000
1-
& Co.
,
CityyLegality approv¬
Hawkins, Delafield & Long¬
fellow of New York City.
Jersey City, N, J.
Bond
Buffalo, East
at holder's option, at
Midland
Trust Co.,
or
Marine
the
ed by
value thereor and accrued interest
1,000
2,000
1-
the
School
said
made
128.1776
bun
South Carolina, State df—
To
of
Bonds
To Barr Bros. &
Tennessee,
named
2,000
of—
Highway, Cert, of Ind. Reg.__
j
To the
2,000
1- 1-75/62
•
V
A
1-50
1-1-75/62
4Vz% to 12-16-50
4%% to 10-26-51
3V4
,
1,000 office of
1-1-75/62
7- 1-42
4%% to 12-2-49
'41/4% to 7-1-50
41/2% to 6- 1-49
4%% to 12- 2-49
31/4
1-49
Marine Trust Co. of
Aurora,
New York
school districts, 65 cents.
principal and interest on the cer¬
tificates are made payable at the
7- l-r51
of New York, at
to be purchased.
are
7-
lll|
To Lehman Bros.,
3V*
^ 10,000
rate of interest at which said cer¬
tificates
7-
-Water
*
:
25,000
at_120.748
Co., of Detroit,
Dist.—
5
7- 1-27
Miller, Kenower &
To
Clackamas,
7- 1-70
7- 1-74
7-1-36
4
——
—
$1 except in St. Louis,
which is 89 cents, and for all other
and towns,
Bank of East Aurora Office of the
aggregate
1944. That the bids must state the
Salem, Or^,—Water
districts
school
the needs require, and
as
counties; for
formed of cities
other
all
in
cents
tificates to be issued from time to
500
7- 1-52
7- 1-35
4
1935_
7:30
Sept. 11, by Taito Ahola,
District Clerk, for the purchase of
500
Detroit, at 119.142
Michigan Corp., of
until
received
be
on
ness.
116.439
1-47
4-1-50
To the First of
will
p.m.
-
,
Detroit, at 108.855
bids
' •; ;<• X
assignment
Kenngott as Deputy
in
charge of the sys¬
;
:
Kenngott has been Deputy
Comptroller heading the Munici¬
pal Affairs Division, Department
of Audit and Control, since Nov:
1943.
In assigning him- to his
duties, Comptroller. Moore
said: "For more than a year, the
8,
new
recodification
Law
has
of
been
the
under
Retirement
way.
This
will be
completed in time for sub¬
mission to the- Legislature, at its
for its approval, ■'
"Recently, we engaged the ac¬
counting firm of Eisner & Lubin,
of New York
City,- to make a
studv of the System from an ad¬
next sesson,
.
ministrative
standpoint, with: a
and reorgan¬
view to modernizing
so that better
rendered to the
more than 106,000 members.
>;
"We have also initiated a surveyto determine opportunities for in¬
izing
the
service
System
may
be
creasing, the benefits of;the Sys¬
tem, ..within
the
limitations of
sound actuarial practice.
,
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4315
160
1125
Bidder—
*
"With assets of $230,000,000, our
is the largest of
its kind in the country. -. All of its
funds are invested in obligations
of the United States Government
and New York State municipal¬
Retirment System
ities.
qualifi¬
cations and of proven administra¬
tive ability is needed to head the
System and to complete its organ¬
ization.
I know of no one better
fitted for this important position
than Mr. Kenngott, and I have ac¬
cordingly designated him."
of the highest
man
New
York, N. Y.
—Total bonded debt of the City
of
the end of the
New York June 30,
$2,960,478,962, a
decrease of $87,387,872 from $3,047,866,834 July 1, 1943, Joseph D.
McGoidrick, Comptroller, - an¬
nounced recently. Of this bonded
debt figure in the last fiscal year,
fiscal
the
year,
was
June
debt
funded
total
30,
$2,903,578,962, exclu¬
amounted to
sive of balance of assumed
BMT-
BQT underlying bonds and bus
equipment obligations amounting
to
that
$899,295 July 1, 1943, and $687,June ,30. This funded debt is
302
decree of $59,227,872 from the
July 1,. }$43. outstanding funded
a
profit."
*
*'tt
June
30 was $56,900,000, a decrease of
$28,160,000 from $85,060,000 July
1, 1943. The total funded debt is¬
sued from July 1, 1943, to date
was
$10,131,400, while the total
debt redeemed in the same
period
$69,359,272.
y The total bonded debt held as
June 30,
$2,447,741,314, while that held
in sinking funds was $512,737,648.
Not included in this last figure,
investments by the public
was
$103,548,000
bonds
the
are
of
held
debt
United
States
investments by
as
The
funds.
sinking
funded
held
as
>
total
investment
$2,418,741,314,
are
held in
by the public was
while
$484,837,648
sinking funds.
.k
Interest Held Tax Free—
General Nathaniel
L. Goldstein ruled Sept. 6 in a
formal opinion that interest on
bonds of the above authority is
State Attorney
both
Federal
from
under the
taxation,
statute
excepting
obligations of a^"political subdi¬
vision" of a state from such taxa¬
tion
members,
are
'i?:J
,
the Marine Midland
Trust
Co.,
New York
City, according to re¬
Authority Chairman F. J.
announced
ment Was made
that
the
possible
as
The coupon semi¬
by
July 12. Due
on
Jan. 1
as
to 1959 inclusive.
l%s. Due
March 1 in 1965
Bond
Offering
stated by L. B.
is
Aycock, City Man¬
Hamilton
County (P. O.
nati), Ohio
Tax
Lower
Rale
in
reductions
service
charges on outstanding debt of the
and school district
will
compensate
for
additional
next
10
that
the
shows
the report
average
three
the
for
years,
overall tax rate
units
for
the
five
1945-1949, will be 20.76
mills, or .4 of a mill less than
the average rate for the five years,
years,
1940-44.
For
10-year
a
coupon,
bonds
and
have
will
of 20 years
that
an
Cincinnati
average
life
and school and county
bonds, 25 years.
The bond analysis was prepared
for the Joint Bond and Improve¬
$42,000 street paving, and $28,000
curb, and gutter imp^ove-
ment Program
ni^fits/. '
/
Marlboro
/Y
t„'\
,
Bond
election
A kron,
0hio
Committee.
Election—At
November
in
the
the
general
voters
the proposed issuance
$115,000 in construction and
Ex¬
all
property in the' City
V
;
$243,000
bonds, purchased^ by-jd^-Oklahoma
National Bank ot
viously
Stranahan, Harris
Rate Bid
Int. Rate
,
& Co.,
"q<'
,
Inc.; Braun, Bosworth
&
.
.
Co.,
Jointly
,
1 Va7o
1 xk
....
Michigan
•.
Corp.
the
Functions
101.45 J
100.20
Filmed
—
city government in the
Toledo," the
movie is in technicolor and sound,
and is 40 minutes in length; it
covers the entire activities of the
municipality including business,
industry, religion, education, so¬
cial activities, municipal depart¬
ments and services, and financing
—and each one's
part in com¬
munity endeavors.
information to
ture, according to
International.
the
City
Managers
14
Feb.
Since
tions.
the
of
five, days a
week, and approximately 300 re¬
quests for showings are on sched¬
shows, a day,
seven
about
iy4s, due
in.
interest cost
net
a
1.05%, as follows:
Is, due- $5,000 from
to 1950 incl., and $6,000
iy4s, due in 1951.
The $9,000 sewage disposal plant
:
bonds
Liberty
purchased as Is by the?
National Bank of Okla¬
homa
City, also reported in v. 160,
878, were sold by the city at a
price of 100.11.
p.
Lawton, Okla.
Bonds Voted—At an election on
29
the
approved an
site and
voters
issue
of $595,000 airport
construction bonds.
b
v
u
|
j
v."'
-
.
..
v.'•■
.
■■
.
;.
•-
Oklahoma (State of)
Show
Revenues
movie
has been shown on an average
of
1947
Association, far exceeded expecta¬
July
Total
—
For
Increase
collections
the
by
Oklahoma tax commission in July,
the first month of the fiscal year
ending June 30, 1945, amounted to
$5,244,057, an increase of $481,732,
or
10.29%, from $4,762,324 in the
The motion picture was photo¬
first month of the preceding fis¬
graphed by a member of the
cal year. This year sufficient sur¬
municipal police department last
plus will be accumulated in the
summer and fall. The professional
work
involved
in
making
the general fund to meet 100% of the
total requirements of the state's
sound track, the sound being that
of the narrator with a musical outstanding funding bonds.
Revenue from gasoline and fuels
ule.
.
.
•
background, the synchronization
picture and the final edit¬
was done by a local motion
picture service firm.
of the
Cost of the entire
project to the
city was $7,400, considerably less
than the cost would have been
had the
to
a
project been turned over
professional motion picture
t
-
-
,
100.09,
$20,000
Aug.
Community reaction to the pic¬
cost
follows: $20,000 Is,
1947 to 1950
as
of "about
is
of
government instrumentalities.
company for execution.
The Attorney General's opinion pected — It is believed that the equipment bonds.
No .efforts have been made to
State Board of Tax Appeals will
was requested by the State Edu¬
show the movie in Toledo thea¬
Ohio (State of)
cation Department. The Authority, approve the proposed refunding
ters.
In the first place, the pic¬
Municipal Market Unchanged—
created by the 1944 Legislature, is of $884,000 October bond maturi¬
Prices
in
the
Ohio
municipal ture was made on 16 millimeter
ties by the city.
composed of state officers and is
secondly, city .officials
market have held firm and prac¬ film;
wanted to make the'.'picture the
empowered to provide dormitories
Cadiz, Ohio
tically unchanged during the past
for students of the state colleges
Bond Election—At! the general week; Our index of the yield for featured attraction ;at schools,
for teachers.
It is authorized to election in
Novembef^the voters 20 Ohio bonds again remains un¬ meetings, luncheons and banquets,
and the only thing the'StMience
acquire property and >construct, are to pass on the proposed issu¬
changed at 1.32%. The yields for
maintain and operate dormitories ance of
$40,000 in bonds to fur¬ 10 high grade and for 10 lower should concentrate upon.
until
the
cost
and outstanding nish facilities for the Village de¬
Besides Toledo
showings, the
grade bonds also are unchanged
movie has been shown in other
bonds have been liquidated,
at 1.14% and 1.50%, respectively.
partments and for fire apparatus.
cities, including Columbus, O., and
f In his ruling the Attorney Gen¬
Cleveland, Ohio 1
Ravenna, Ohio
Detroit upon request of officials
eral cited the recent decision of
Transit Bond Refunding Con¬
Bonds Authorized—At a recent of these cities. In producing "This
the United States Circuit Court of
Appeals, holding that the Port of templated—The City's legal de¬ meeting of the City Council an is Toledo," the city followed in the
New York Authority and the Tri- partment is said to be investigat¬ ordinance was passed calling for foosteps of. other communities, in¬
borough Bridge Authority were ing the technical angles involved the issuance of $20,000 IVz % sew¬ cluding Milwaukee, Atlanta, Fort
in the City Transit Board's plan age treatment plant construction
Worth, Portland, Ore., Topeka,
"strictly i governmental" agencies
to refund $10,200,000 bonded in¬ bonds. Denom. $1,000. Dated July
Kan., Winnetka, 111., and Berk¬
operated in the public interest
and
that
therefore
interest on debtedness of the Transit System 1, 1944. Due $2,000 on April 1 and eley, Cal., in using the medium
a
rate
below
the
existing on Oct. 1, from 1945 to 1949, both of the movies to inform citizens.
bonds issued by the two authori¬ at
inclusive. Prin. and int. .(A-O)
ties
is
exempt
from
Federal 3 ZA% interest.
Wauseon School District, Ohio
The Cleveland "News" of Aug, payable at the First Savings Bank
taxation..
Bond Offering—O. L. Watkins,
24 carried the following report on of Ravenna.
; Mr.
Goldstein. said
he
was
\U:.,
District Clerk, will receive sealed
"wholly in accord" with :the Cir¬ the subject:
South Euclid, Ohio
bids until Sept. 19 for the pur¬
It was learned that board mem¬
cuit Court's reasoning,, and added
Bond Call
Lester L. Askne,
chase of $50,000 2% construction
that he was of the opinion "that bers were optimistic about the ex¬
City Auditor, calls for payment on bonds. Dated Oct. 10, 1944. Due
there is a fundamental lack of pense trimming measure following
Oct. 1, 1944, at par and accrued
serially in 20 years. This issue was
a
conference with City Law Di¬
power on the part of the Federal
interest, at the Cleveland Trust approved by the voters at an elec¬
rector Thomas A. Burke Jr.
government to tax the interest of
Co., i Cleveland, . indebtedness tion on Aug. 15.
y. :/-;-v ;
An interest rate as low as lVz%
r.. ^;
the bonds in question, whatever
liquidating bonds Noslv/Ll.r.'tO 20.
on the system's remaining indebt¬
may be the ultimate decision as
Youngstown, Ohio
Dated Oct. 1, 1942.
ictilocfn
to
the precise meaning of the edness is seen as a distinct possi¬
Bond
Sale
Details
Baum,
Tiffin, Ohio. - ■
bility by the board members.
statute." v;
Bernheimer Co. of Kansas City
The savings possible under the
Bond Election—It is stated that
He
said
the
authority
was
was associated with Fox, Reusch
"plainly an agency directly em¬ proposed program would range $70,000 swimming pool bonds will & Co., Cincinnati, in purchasing
ployed by the state to furnish between $225,000 and $250,000, be placed'on the ballot at the the $26,000 2%% final judgment
board members said.
November election.
,
at
showings a day,
five days a week since early Feb¬
ruary.
/ « .
"This
and
26,000 street improvement bonds
seven
Entitled
$10,000
incl.
1951.
mo¬
result
averaged
interest
1.05%,
due $5,000 from
incl. and $5,000
picture producer recently and
is a movie which has
tion
due
1964
to
$12,000 in 1965.
.net
:
starring role, Toledo turned
the
due $10,incl.;
1955
25,000 fire department equipment
bonds at a price of 100.08, a
Seasongood & Mayer—-
Municipal
to
iy2S,
1956
from
-
.
Doll & Isphord-
With
1947
$102,000
100.036
102.08
jointly—1%
1%
ing,
iy4s,
$90,000
from
000
Siler, Roose & Co.; Prov¬
ident Savings Bank &
Trust
Co.,
and
Van
Lahr,
p.878—
.•
.
100.039
1%
as pre¬
160,
v.
follows:
as
lows:
Inc., and Ryan,
of
sold
.Clinton,
in
noted
$192,000 water works bonds at a
price of 100.01, a net interest
cost of about 1.42%, as fol¬
-
^
Clintoh, Okla.
;
Bond Sale Details—The
were
Bidder—
Township School District
will pass on
Approval
Refunding
Bond
103.05
Savings Bank & Trust Co.
OKLAHOMA
ing
(P. O. Canton), Ohio
OHIO
unlimited tax against
an
taxable
First
Large Bond Flotation—
103.64
103.21
general sub¬
Fahey, Claik & Co
Predicted
103.72
of
Co.
reoffered
Other bids:
Cincin¬
that the following bonds ag¬
gregating $70,000 will probably be
offered for sale in the near future:
ager,
bonds for
Sutherland;-
2%
Expected—It
above
& Co.,
stant; that the bonds will carry a
Rocky Mount, N. C«
the
J-J
period through
to 1968.
1954 the average will be 20.34, the
6,000 sewer refunding bonds are exact amount of the average rate
l%s. Due on March 1 in 1962 for the 10 years, 1935-44, the re¬
to 1965.
port discloses.
The study is based on assump¬
33,000 street refunding bonds are
l%s. Due on March 1 in 1962 tions that the three taxing dis¬
tricts will continue to operate on
to 1965.
Second best bid was an offer of the same millage as heretofore;
that the estimated duplicates of
100.00, figuring to a net interest
cost of about 1.82%, on $10,000 as $890,000,000 for Cincinnati, $933,4s, the remainder as IV2S, 13/4S 000.000 for the Cincinnati School
District
and. $1,230,000,000
for
and 2s, submitted by Scott, Hor¬
Hamilton County will remain con¬
ner & Mason of
on
bidder
scription at prices, according to
maturity, to yield from 0.6% to
1.50%. These bonds are payable
follows:
$500 in 1946 to 1952, and $1,500 in
1953 and' 1954.
Interest payable
Co._
103.10
of Toledo.
completion
bonds approved by the voters on
system
sewer
&
Co.-a
Asset Kreimer &. Co
incl.
to 1970
1946
from
successful
3Va%
charges resulting from the $41,aggregating $92,000,
000,000 of "proposed bond issues
offered for sale on Sept. 5—v. 160,
for
post-war
improvements,
a
p.
1030—were awarded to the
study by the Cincinnati Bureau of
First of Michigan Corp. of New
Governmental Research, Inc.,
York, at a price of 100.02, a net showed
recently.
interest cost of about 1.78%, on
Projecting service charges to
the bonds divided as follows:
cover
interest and principal on
$37,000 sanitary sewer, of which proposed bond issues over the
16,000 water refunding bonds are
Ohio
Bonds Offered For Investment—
from
annual bonds
$10,000 are 3s, due on March
1; $2,000 in 1947 and 1948, and
$3,000 in 1949 and 1950, the
remaining $27,000 are l3As,
due $3,000 from March 1, 1951
1944 and due $6,000
White VS:
A.
i
stated
is
city, .county
Burlington, N. C.
—
It
1
the ;. Municipal
Bond Corp. of
Alton purchased recently $6,500
Through
NORTH CAROLINA
—
Robinson, City Clerk, that
Annual
the consti¬
of the state
immunity
James
Sold
Rate BiC
Ryan, Sutherland
J.
Provident
Oct.
on
The
Ohio
a
Dated Oct. 1,
the
a re¬
and other factors.
Sale
down
turned
struction bonds.
pay¬
sult of improved traffic revenues
Bond
voters
proposal to issue $40,000 con¬
Bonds
* •
and by virtue of
tutional
the
Griggsville,
"Defaulted Interest Payment —
Defaulted Sept. 1, 1942 coupons on
the; authority's
4*4%^ bonds of
March 1, 1967, were payable as of
Sept. 1 upon presentation of same
Martin
election
29
l%s, at a price of
basis of about 1.44%.
as
100.762,
,
.
Bonds Defeated—At the Aug.
the
Chicago,
Township School District
(P. O. Coalton), Ohio
not to
Bridge Authority,
NK Y.
port.
Coal
•
■
Lynchburg.
Dormitory Authority, N* Ym
exempt
Its
Thousand Islands
New York State
Bond
gain.
au¬
be exercised
may
A'-;,','.3;\
The total temporaryN debt
was
No part of the
power
private
public
a
part of the
of the state for
power
purpose.
of>2,962,806,834.
debt
a
thority's
for
is
It
sovereign
at
$87,387,872 In Year To $2,960,478,862
Off
Debt
Bonded
City's
i
vested with
officers and employees
•:
"A
therefor.
incurred
agency
excise taxes
$1,448,137 in July,
$17,760, or 1.21%,
in the same pe¬
of
1943.Gross
production
yielded $651,964, an.-jncrease
was
decrease
a
from
riod
taxes
of
of
$1,465,897
$^38,698,
265.
27.02%, from $513,-
or
from
Revenue
licenses
to
rose
corporation
from
$200,511
$153,226,
an
30.86%.
Inheritance
increase of $47,285, or
and
estate
taxes
yielded $52,311, an increase
of $25,763, or 97.04%, from $26,548 in 1943.
Sales taxes yielded $1,583,363, a
of $150,384, or 10.49%, from
rise
Revenue from income
to $415,043 from $220,increase of 88.29%. Ciga¬
rette taxes yielded $406,629, com¬
pared with $381,871, a 6.48% in¬
crease.
Receipts of $114,646 from
beverage taxes showed a 9.79%
decrease from 1943 month figure
$1,432,968.
taxes
430,
rose
an
of $124,064;
Yukon, Okla.
Bond Offered
—
Bids
were
re¬
ceived until 2 p.m. on Sept.
8, by
J. C. Barnhill, Town Clerk, for the
purchase of the following bonds
aggregating $25,000:
,
$16,000
,
sewer
bonds.
Due $1,000
/ .Jan.
1, 1948 to 1963 inclusive.
9,000 water works bonds. ; Due
$500 from Jan. 1 1948 to 1965
5
inclusive.
—
.
OREGON
f\
Portland, Ore.
Bonds
Council
of
Approved —The
City
authorized
issue
has
an
$77,796 street and sewer con¬
struction bonds;
"•
'
;
•
—
■
.
needful
facilities
-
in the exercise
governmental authority to
provide
public
education, j Its
property will be acquired and op¬
erated for a public educational
of
its
purpose
to
the
Comment
.
and its revenue dedicated
payment of public debt
current
The
ness
duced
000
bonds
indebted¬
bonded
the
from
the original $17,500,-
Toledo, Ohio
system has been re¬
of
that
existed
purchased
the
Railway Co.
when
old
-
sold
commission
by
on
the
sinking
fund
Aug. 30, as previ¬
ously noted in v. 160, p. 1031. The
bonds offered Sept. successful bidders paid a price of
Cleveland 5—v. 160, p. 679—were awarded 104.16, a basis of about 0.816%.
to
Halsey, Stuart & Co., Inc., Other bids were:
the
Bond
city cepting
Sale—The $150,000 inter¬
sewer
gram
—
In
On
Bond
Issue
Pro¬
connection with
the
$19,000,000 bond issue proposals
approved by voters at the May 19
primary election, previously noted**
in V. 160, p. 60, we give the fol¬
lowing: \ ;
1 Portland
to
provide
voted three
special tax levy
recently
bond issues and a
$24,000,000 for post-
,!war public works as outlined in
re-offered
bankers
The
incl.
the
city's post-war planning re¬
port, according to information to
the American Society of Planning
bonds
Officials.
the
cluded the following:
governmental units—
dock commission, the
county and the school district—
went to the people with a request
tor bond issues or a special levy
ranging; from $3,000,000 to $12,city,
000,000.
As
result of this coordinated
a
effort, citizens of Portland ap¬
proved a $12,000,000 bond issue
for a sewage disposal plant and
intercepting sewers; $3,000,000 for
harbor and dock facilities; $4,000,000 for improvement of county
roads; and $5,000,000 for improve¬
ment of school buildings and ed¬
ucational
The
equipment.
$5,-
000,000 for schools was approved
in the form of a special tax levy
of $1,000,000 for five years.
and
issues
bond;
These
in November.
committee, the four governmental
agencies selected preferred proj¬
ects from the survey of city needs
was
held. Then
the postwar development
100.08
101.07
1%
100.389
prior
to -and
including
district, looking to issued
development of a detailed Aug. 9, 1944. ' This call is for-,
We $483,718.73.
Sought—This city has joined other plan along the above lines.
General revenue warrants, dated
municipalities
throughout
the have not yet determined whether
country in considering possible such a plan could be consummated prior to Sept. 1, 1941, are nowby means of an endorsement on void because of the State statute
new. revenue sources to supple¬
the existing bonds or whether an lor two years' limitation. Posses¬
ment real estate taxes.
of ■»these
warrants
should*
On recommendation of Acting exchange
of securities v will be sors
City Manager V. R. Smitham, city necessary; nor have we decided make arrangements with the State*
the
Being
Sources
Revenue
'
to
be whether; resort to a municipal
of potential bankruptcy proceeding will be
We have advised the
sources, including a necessary.
series of special levies for munici¬ district that we would be reluc¬
pal services, a municipal income tant to proceed with formal steps
officials
were
studying
a
reported
number
revenue
such
tax
Applegate,
ations with the
Dallas, Texas
New
new
and
Co.,
&
G.
George
l1/* %
1%
Phillips,
MacGregor;
Schmertz
is currently effective
as
under
type
any
of
plan until at
100.49
2
—
Before
election
the
movie
a
shown in neighborhood thea¬
was
Paid
ters.
advertisements
were
published in local papers, labor
organizations sent special inform¬
ation
all
to
their
and
members
school children distributed
car
ads
and window cards.
The Portland Area Postwar De¬
velopment Committee stressed the
fact that the publicity campaign
was educational rather than po¬
litical
to
er
?pd that the purpose w$is
provide job opportunities rath*
than public works for the sake
of construction alone.
PENNSYLVANIA
cost of
Summerville, S. C.
2%
bonds
sewerage
locally at
was
sold
par.
County Common Sch. Dist.
Brown
No.
(P. O. Bath), S. D.
Offering — Allen Sperry,
19
Bond
District Clerk, will receive
bids
until
8 P.M.
on
mend
trend
this
with
in
am
that
tion last June.
1944.
ac¬
sealed
Sept. 15 for
the
purchase of $35,000 not to ex¬
ceed 4% interest coupon building
bonds. Dated Sept. 1, 1944. Denom.
bidder.
cessful
McKeesport, Pa.
Bond Election—At the Novem¬
A
to
this
method
of
Dallas County (P. O.
Dallas), Tex.
Bonds Authorized—
Refunding
The County Commissioners Court
of
$49,238 2V2% and 2%% refunding
bonds to cover outstanding road
and bridge warrants of 1942.
authorized
recently
issuance
certified
check
iness on Sept. 25. This will be
$700, payable to order of the possible as a result of the collec¬
district, is required. Legal opinion tion by the committee of addition¬
of Dorsey, Colman, Barker, Scott al
payments on judgments against
& Barber of Minneapolis will be
the
district.
The
committee
is
without
the
successful
bidder
charge.
Cleghorn School District No. 22
(P. O. Rapid City), Penning¬
■
:
*
■
r
*
:
'
-
.
.
-
•
•■■
* '
.
•
*•
?
' •.•;•?• ••
Portage, Pa. »• -: ?
Bond Sale Date Changed—D. K.
posit
Oct.
ton
accept bonds for de¬
up to Sept. 25. Checks for
1, 1940 bond interest will be
County), S. D.
mailed to record holders of de¬
— Agnes
Schamposit certificates by the depositary
ber, District Clerk, will receive
on or about Oct.
9 next, without
sealed bids until 8 p.m. on Sept.
any further action on the part of
II, for the purchase of $14,000 3%
bondholders. Depositors of 5J/2%
annual funding bonds. Dated Oct.
bonds of June 1, 1928, will re¬
1, 1944. Due $1,000 on Jan. 1 and
ceive payment on the same basis
on July 1 in 1947 to
1953, and all
as in the case of depositors of re¬
of said bonds will be subject to
funding bonds.
1
1
prepayment
at par and accrued
The committee is prepared to
interest, at the option of the dis¬
pay all April 1, 1939 coupons de¬
trict* on any interest payment
posited or pledged for deposit be¬
date prior to maturity.
fore March 29, 1943, which were
not paid by the distribution to de¬
TENNESSEE
Mount
Pleasant, Tenn.
Bond
L.
H.
that
Offering—It is stated by
Hammond, City Recorder,
he
will
receive
bids
until
positors of such coupons on March
10, 1943. All April 1, 1940 coupons
deposited or pledged for deposit
officials
out
were
not
Interest;
ijdie is
not
to
exceed
be
included
in
mailed by the
ber 9.
the
check
depositary
As to the prospects of
reorganization
of
the
debt, the letter states
"The
committee
trict
have exchanged
ters
concerning
a
general
follows:
the
dis¬
certain let¬
possible
a
be
Octo¬
district's
as
and
to
on
plan
for the reorganization
of the dis¬
trict's financial structure.
A rep¬
resentative of the committee had
several
conferences in Dallas last
month
with
Murfreesboro, Tenn.
visors
Bond O f f e r i n g Expected—
and
the
some
district
of
super¬
the
principal
land owners concerning such a
Sealed bids will be received in
plan. While no specific agreements
Chestnut, Borough Secretary, will the near
future, stated City Man¬
have yet been reached between
receive sealed bids until 8 P.M.
ager Sam Cox on Aug. 25, for the
the district and ourselves, we have
(EWT) on Sept. 11 for the pur¬
purchase of $200,000 bonds au¬
reason to hope that an
chase of $24,000 coupon refunding
agreement
thorized recently for water works
can be reached
bonds, this issue having origin¬
provided security
improvements. City Attorney Al¬
holders are willing to accept a
ally been scheduled for award on fred Huddleston was authorized
to
Sept. 5.—v. 160, p. 1032. The bonds
long-term hond issue of the same
draw up all necessary resolutions
will be dated Oct. 1, 1944.
principal amounts as now out¬
and ordinances to permit sale of
standing ag an initial interest rate
the bonds.
Scranton, Pa.
$220,000
funding and municipal
Bond
pon
.
Sale—The
of
cou¬
im¬
provement bonds of 1944 offered
Sept. 6—v.
160, p. 878—were
awarded to Halsey, Stuart & Co.,
Inc.,
a
as
basis
iy2s, at
of
a
price of 100.539,
about
1%.
Retirement
effected
by
ated
TEXAS
a
on
a
would
sinking fund
be
oper¬
tender basis. The plan
Borger Independent School District would be predicated on an annual
tax levy to be
(P. O. Borger), Texas
agreed upon. The
Bond Sale Details—The $160,- present annual rate is
$1 per $100
000 building bonds sold to R, A. of assessed
benefits, having been
1.428%. Dated Underwood & Co. of Dallas, and increased from 60 cents
per $100
Sept 1, 1944 and due Sept. 1, as Associates, as previously noted of assessed benefits two
years
in v. 160, p. 878—were purchased ago
follows: $14,000 from 1945 to 1949
incl. and $15,000 from 1950 to 1959
by the bankers as 2s, at
par.
General
Revenue
1
believe is
possible with¬
increasing taxes
or
the.bond¬
The program was devel¬
Prompt
presentation
of these warrants,;
greatly appreciated by the
payment.
for
payment
will be
any consideration of State Treasurer's office.
Federal aid, the MunciUNITED STATES
Finance Officers Association
oped without
possible
pal
.
reports.
The city is retiring its bonded
debt at the rate of $2,000,000 a
year. With cheap interest rates of
about 2%, as compared to
the
41/2% average rate on old securi¬
already is
on
United States 't;
,L
Fi¬
nancing Foreseen—Municipal bor*
Post-War Municipal
Large
rowing is sure to show a decided!'
increase when the current conflict
ended, according to Joseph
is
A";
Matter, of the Chicago firm of
&
Cutler,
municipal7
Chapman
bond legal specialists. He reported ;
to the National Security Traders
Association
at
its
recent
annual
in the Windy City that
estimates
of post-war financing
meeting
hand.
by cities and towns ranged from
$10,500,000 in
$2.5 billion for each of the first
bonds, the program five post-war years to a total of *
calls
for
issuing $19,000,000 in $5 billion to $8 billion for the
other
bonds.
The city expects
first four post-war years.
In addition to the
replacement
these
bonds
can
be
issued
with¬
"One factor which will increase!
higher tax rate because in¬
municipal borrowing is the sub*
creased
valuations
will
provide stantial amount of debt reduction
money, for interest
and sinking in the
past several years," he said.;
fund requirements.
^
"Total municipal debt was about;
These figures total $31,700,000,
$20 billion in 1940 and this was
and
the
post-war projects pro¬ decreased an
average of 15% by,
gram calls for a $31,000,000-ex¬ the end of 1943."
penditure. Included in the calcu¬
Mr. Matter said
municipalities}1
lations, officials said, are ample in the future would rely less on
reserves for emergencies and add¬
ad valorem taxes and would seelc,1
ed
operating expenses for the new
types of revenue. '"Recent;
growing city.
•
studies take note of decreasing?
The following projects are in¬
real estate valuations and accept
cluded
in
the
five-year public it as true that this decrease will'
improvement program:
continue," he said. "'Decentrali- ?
Streets and highways, $7,088,zation of population and industry,'
000, for new boulevards, right of growth of blighted areas within
way for projects and resurfacing
city limits, removal of taxpayers.;
out
a
.
of streets.
to
Drainage and flood control, $8,~
500,000.
Sanitary
before March 29, 1944 which
on or
paid by the distribution
Sept. 22, at noon, for the purchase to depositors on Jan. 9, 1944, will
of $30,000;'coupon airport bonds. also be
paid. These payments will
ment bonds.
1
continue to
Bond Offering
election
general
a deposit agree¬
July 1, 1941, and will
ment dated
the voters 21/2%vPdyal?ie F-A. Denomination
will be asked to approve the fol¬ $1,000.; Dated Aug. 1, 1944. Due
lowing bond issues: $300,000 city $2,000 from Aug. 1, 1946 to 1960.
hall, $300,000 municipal garage Principal and interest payable at
and $400,000 street and sewer im¬ the First National Bank, Mount
Pleasant. Issued under authority
provement.
of the City Charter, Chapter 299,
Morton, Pa.
Pvt. Acts of 1907, Tennesese Code,
Bonds Approved—The Pennsyl¬
2726.13 to 2726.21.
Legality ap¬
vania Department of Internal Af¬
proved by Chapman & Cutler, of
fairs approved on Aug. 16 an issue
Chicago. Enclose a certified check
of $12,000 1%% street improve¬
for $1,000.
ber
functioning under
than
Developed—This city has a warrants, all State warrants are./
plan to finance a $31,000,000 five- cashable when issued and should ;
immediately
for t
year post-war program which city be v presented
gram
ed debt.
for
furnished
-
Other,
Plan tp Finance Post-War Pro¬
recom¬
immediate
give
we
consideration
and
raising funds to partially finance
our
expanding services and cap¬
ital improvements."
DAKOTA
SOUTH
I
government.
*
cord
Sale—An issue of $85,000
Bond
Cass Townthip
School District
(P. O. Heckscherville), Pa.
v
Bond Sale—An issue of $25,000
4%
refunding bonds was pur¬
chased by Powell & Co. of Pitts¬
burgh.
State holders of such warrants are
—
commit¬
$1,000. Due Sept. 1, as follows:
Interest Payment
On City &
consisting of more than 50
$3,000 from 1947 to 1950 incl.; County Levee District Bonds—
prominent citizens, organized a
ties, Houston officials figure that
$4,000 in 1951 and 1952, and $5,000 According
to
a
circular letter
promotional campaign to get a
from
1953 to 1955 incl. Interest dated
$10,500,000 in so-called replace¬
favorable vote on the bond issues
Sept. 5, the Bondholders'6
ment bonds can be issued in five
M-S. Bonds maturing after Sept. Committee for
thdCity and County
requested.
years without changing the inter¬
Private subscriptions amount¬ I, 1950, callable at par on that Levee
Improvement
District is
est
and
date. Principal and interest pay¬
sinking fund require¬
prepared to pay Oct. 1, 1940 cou¬
ing to $40,000 to finance the cam¬
ments. From previous bond sales
able at any suitable bank or trust
pons on all bonds deposited with
paign came from labor, manage¬
ment and business organizations. company designated by the suc¬ the committee at the close of bus¬ $1,500,000 in cash and securities
trailer oft the sewage disposal plan
appropriation at the next session;;
of the State Legislature. Out-of-
in
tee,
Newspapers donated editorial
space, the committee organized a
speakers bureau and radio broad¬
casts were made every night ex¬
plaining need for the projects.
district to
Representative of their
have them presented to the Gjentf
eral Claims Committee foiv special
to
notify
the State
Philadelphia, and a special tax least two-thirds of the bonds have requested
been deposited with ?us.".,-v r;U\- <"
Treasurer's office.A
I
on utility bills.
In his 1944-45 municipal budget
?? Holders of general ? revenue
William8town, Pa.
Houston) Texas '
warrants issued between Sept. l'„
Bonds
Approved — The
City message,
Mr.
Smitham
said;
Bond Issuance Indefinite
No
and Aug. 31,
1941
Council is said to have approved "Many
1942, should
progressive
cities
have
action has been taken by the city
a
present; these warrants for pay-,
$35,000
issue
of
municipal resorted to various new sources of with
respect to sale of the $14,- ment
non-tax income to meet the everimmediately, as these war-;
building-recreation hall bonds.
000,000 water revenue bonds ap¬ rants will be outlawed by the*
increasing financial demands and
proved by the voters at an elec¬ statute of limitations on
Aug. 31;
to more equitably distribute the
SOUTH CAROLINA
jointly
At the
suggestion of the Port¬
Area Postwar Development
Corp.
Leonard
Moore,
Lynch, Jointly ^
Hemphill, Noyes & Co.__
First Boston Corp., and
Blair & Co., jointly
A. Webster Dougherty &
Co.; Singer, Deane &
Scribner;
Glover
&
'
before the election
Securities
and
Rate Bid
Int. Rate
Bidder—
Union
the
special tax levy provide approxi¬
mately one-third the amount rec¬
ommended by the post-war plan¬
ning report./
Plans already are
under way to submit additional
financing proposals to the people
land
at
prices : to yield from
0.50% to 1.50%, according to ma¬
turity. Other bids at the sale in¬
Four local
the
Monday, September 11, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
1126
suburban
property
sewers
and sewage dis¬
gradual
elimination or
roles because!
ownership and the"
areas,
from
of Government
tax
conversion
of wealth
to
posal, $8,100,000. *
1
corporate form all make ad val¬
Airport development, $800,000, orem taxes less
productive; and
covering 'money for
additional taken in conjunction with the.
land, alterations to the present continued increase in the
scope
administration
building
on ..the and cost of
services rendered bjr
municipal field, two new hangars cities to their
inhabitants, will
and other improvements.
eventually threaten cities with;
Park and recreation, $1,869,000,
bankruptcy even while the wealth;;
including $500,000 for improving within their limits is
increasing,"
the municipal zoo, $275,000 for a
unless their fiscal structures are.,
downtown
recreational
building
brought into line with modern re-.f
and work in existing parks.
quirements.
Most of the 'othek:
Public buildings and civic cen¬
main fields of taxation, which ar*£;
ter, $2,300,000, including $1,300,immensely more productive than
000 for land to complete the civic
ad valorem taxes, are presently at
center around the city hall, and
the disposal of only Federal an<J£
$1,000,000 for a police-jail build¬ State
governments, and means),
-
-
ing.
must be found to share them
Waste
er
disposal, $573,000, to coy¬
rebuilding two incinerators.
with.;
municipalities,,
if> municipalities
are to be expected to accomplish
in¬ the
great
public
undertakings;
Public
health, $1,195,000,
cluding $650,000 for a tuberculosis
which
will
clear
the
way
for?
hospital, $250,000 for health and
large-scale private development.??
welfare centers and $295,000 for
"The field of revenue bond fi¬
convalescent, chronic and incur¬
nancing is i as yet largely un*H
able cases.
7 '"
??:"?-\
touched.
While about 70% of our!
Traffic signals, $100,000.
cities of over 5,000 population own:1
Fire stations and fire alarm sys¬
their
own
water
systems, less
tem, $325,000.
than half own sewage treatment, 1
Library $150,000, to cover land
plants, only 20% own -their own'i
and improvements to the central
electric distribution systems, 20.%,
library.
1
own airports, 20% own
auditor!-^
urns, 4% own their own gas sys-j,
Texas (State of)
Warrants Called—Jesse James, terns, and only 2% own transpor¬
tation systems. In addition,-many.;
State Treasurer, calls for payment,
cities now owning utilities,? will,
at face value, State of Texas Gen¬
■
—
eral Revenue warrants to and in¬
cluding No. 728,707 (1943-44 ser"We expect to continue
negoti- ies), which includes all warrants
wish
to
finance post-war
sions."
Federal
exten-7
?
■
Bill
Calls
For
New
Funds
Works
Public
The
$62,842 and six; Illinois $512,322
and 51; Indiana $280,498 and 30;
Iowa
$537,781
and 57;
Kansas
so-
George Bill, to be known
the '"War Mobilization and Re¬
called
as
conversion Act of
1127
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4315
160
Volume
estimated
$331,103 and 38.
1944," recently
passed by the Senate, contains one
section
which is of interest V to
cities. This section reads as fol¬
isiana
lows:
financial
sources
and
not
now
Glass I Railways
said, "will need to be
from
obtained
Kentucky $507,615 and 82; Lou¬
Selected Income And Balance Sheet Items
the
amount,
extra
commission
that
for
revenues
This
year.
available to the commis¬
For May
Interstate Commerce Commission
has issued a statement showing the aggregate totals of selected in¬
come and balance sheet items for class I steam railways in the United
States for the month of May, 1944 and 1943, and for the five months
The Bureau of Statistics of the
$616,453 and 123; Maine
$13,833 and two; Maryland $77,875 sion."
11;. Massachusetts $12,695 and
VIRGINIA
/'Sec. 501. The Administrator of two; Michigan $179,279 and 26;
ending with May, 1944 and 1943.
the National Housing Agency is Minnesota $359,178 and 39; Mis¬
These figures are subject to revision and were: compiled from
Lynchburg, Va.
authorized and directed to survey sissippi $1,128,747 and 262; Mis¬
131 reports representing 135 steam railways.
The present statement
and / analyze
Additional Bid—In addition to
national v housing souri $486,473 and 81; Montana
excludes returns for class A switching and terminal companies. The
needs' in the period of transition $59,515 and six; Nebraska •' $319,'- those listed in the
report in v. 160, report is as follows:
f^orh War to peace and thereafter, 603 and 32; New Jersey $27,134
All Class I Railways
—
p. 1032, of the Aug. 29 award of
For the five months of
For the month of-May
and to develop for submission to and
three; New Mexico $36,905
1943
1944
1943
1944
Income Items—
$450,000
various
improvement
and four; New York $113,139 and
the President and the Congress a
$603,213,129
$451,582,442
$129,478,118
$98,505,219
Net ry. opevat. income—
comprehensive program for meet¬ 19; North Carolina $894,242 and bonds to Blair & Co., Inc., New Other income
64,179,849
69,997,241
13,429,417
14,088,302
v !
667,392,978
521,579,683
142,907,535
Total income
112,593,521
ing such needs through private 208.
York, as Is, at 100.552, a basis of
Miscellaneous
deductions
housing
and
through research,
North Dakota $179,726 and 26;
about 0.945%, the following other
11,906,824
15,435,876
2,377,348
from income
3,112,335
technical assistance, and financial Ohio
$347,356 and 43; Oklahoma
Income
available
for'
bid was submitted for the issue:
aid with respect.to private hous¬
655,486,154
506,143,807
140,530,187
fixed charges
109,481,186
$615,132 and 88; Oregon $57,314
\
' V•
.' •' •'
an offer of
100.168 for Is (all or Fixed charges:
ing and with respect to local and six; Pennsylvania
$178,099
'
—
-
'
—
1
}
'
A
bousing undertaken by communi¬
ties and integrated with plans for
community or urban development.
and
South
31;
$624,597 none) by a group composed of
149"; South Dakota $197,791 First National Bank of Chicago,
and 26;
Tennessee $623,952 and
Coffin & Burr of New York City,
I "Sec. 502. (a). In order to en¬ 125; Texas $1,282,835
and 160;
courage
States and other non- Utah $16,887 and two;- Vermont and Milwaukee Co. of Milwaukee.
Federal public agencies to make $12[860 and two; Virginia $322,687
WASHINGTON
advance
provision for the con¬ and 65; Washington $73,188 and
struction of public works (not in¬ eight; West Virginia $147,102 and
Longview, Wash.
cluding
housing),
the
Federal 34; Wisconsin $246,505 and 35;
Bond Offering—The City Clerk
Works
Administrator
is hereby Wyoming $21,444 and two; Hawaii
authorized to make, from funds $128,246 and 31; Puerto Rico $271,- will
receive
sealed
bids
until
appropriated for that purpose, 836 and 60.
Sept. 14 for the purchase of $150,loans
advances
or
the
to
States
and their agencies and political
subdivisions1 (hereinafter referred
"public agencies') to aid in
to as
financing the cost of architectural,
engineering, and economic inves¬
tigations
and
studies,
surveys,
designs, plans, working drawings,
specifications,
procedures,
and
other action preliminary to the
construction of such public works;
PROVIDED, That the making of
loans
advances hereunder shall
or
in any way
not
commit the Con¬
gress to appropriate funds to un¬
dertake any projects so planned.
"(b) Funds appropriated for the
making of loans or advances here¬
Funds
Nevada,
Island
allocated
New
and
Connecticut,
Hampshire,
Alaska
cient to buy one farm.
Such funds
will be held over until next year,
Works Administrator among
eral
the several States in the following
proportion: 90% in the proportion
which
the
population of each
State bears to the total population
of all the states, as shown by the
latest
available federal census,
and 10% according to his discre¬
tion: PROVIDED, That the allot¬
ments to any State shall aggregate
than one-half of
not.less
1%
of
the tptal funds available for allot¬
ment
hereunder;
PROVIDED
FIJKTHER, That no loans or ad¬
vances
to
any
shall be made with respect
individual
project
unless
it Conforms to an overall local or
regional plan approved by compe¬
tent local or regional authority.
"(c) Advances under this sec¬
tion to any public agency shall be
repaid by such agency if and
,
when the construction of the pub¬
works
lic
Total
Contingent
UTAH
Plans
$30,000,000
Highway
Road
29
Program
Commission
report
a
The
on
State
on
progress
on
drafting boards
July
of
its
plans for a pro¬
posed $30,000,000 program to re¬
construct and modernize 495 miles
of
highway.
tion
of
enact¬
pending Federal legisla¬
appropria¬
tion
of $500,000,000
a
year for
three years to the States for road
Public
on
for the
estimated
work
vote
on
meet
a
costs
stated:
about
figure,
This
in ex¬
maintenance
$1,000,000
pre-war
so
Any
26,350,794
132,587,946
132,025,833
11,004,945
73,768.002
51,670,565
116,303,847
117,267,651
524,948,750
538,253,789
38,562,120
35,822,548
64,355,366
59,675,017
6,646,241
7,067,733
13,282,398
13,446,686
2.28
2.77
2.14
__
appropriations:
stock-.
common
2.56
I
Railway*; Wat In
Receivership or Trusteeship
All Class I Railways
Balance at end of May
bonds,
stocks,
in
other
than
affiliated
corn-
etc.,
of
those
1943
1944
1943
1944
Items—
"We'll
we
$586,702,448
panies
need
have
now
more
hand
on
than
money
1,146,515,025
1,007,671,697
900,792,388
774,993,137
1,830,953,129
1,311,675,935
1,353,966,804
1,016.877,342
—■
164,454,745
184,650,216
124,412,053
150,489,749
bills
receivable-
.205,956
287,744
187,952
266,739
53,725,949
43,145,517
31,238,925
33,580,224
149,467,585
164,512,455
121,850,661
——
ments
for
work
such
The Commissioner asserted the
invest¬
cash
Temporary
i
—
and
car-service
and
Traffic
balances (Dr.)—___*
Y
receivable
balance
Net
is the time to borrow."
and
agents
accounts
Miscellaneous
^
plant,
audi¬
municipal
a
652,926,393
and
that
the
majority
of
the
loans
<
are
To wait would
cheap.
paying
a
much higher in¬
interest rates.
of
"Sale
ceivable
bonds
at
450,020,853
464,371,361
417,893,954
•
„•;
1,947,878
;«■
assets
current assets---*
931,977
1,425,057
T.
.57,7*1 ;607
34,375,854
,
3,034,414,714
3,582,018,379
3,874,433,476
4,673,739,155
22,146,490
25,184,185
23,422,439
1,277,115
45,878,706
29.315,617
current
Selected Liability Items—
maturing
debt
tPunded
6,538,386
15,113,928
1,900,000
209,425,981
{Loans and bills payable—
173,884,157
153,613,813
185,829,632
172,676,021
months
six
within
144,774,844
157,511,617
1,600,000'
'
orid
Tvpffip
(CD
balances
-
payable
wages
490,626,525
■' 417,445,933
■
' 5
: ,
■
• >
■ v >
119,124,729/<■: f 10G,348,844
42,567,114
,
45,478,545
7,389,602
'6,831,920
——
accounts
Miscellaneous
payable
Interest matured
unpaia..
unpaid
matured
Dividends
100,438,129
dividends
de-
•>;.
336,549,867
394,619,907
/ ; :
82,334,969
37,619,43 i
89,965,374
36,971,482
'6,489,756
7,047,530 /
j 73,745,582
68,351,631
Unmatured interest accrued
Unmatured
,
and
accounts
Audited
64,513,554
69,276,271
r-
48,207,765
31,924,419
45.859,457
30,682,698
48,207,765
28,827,878
liability
Other current liabilities.-.
1,839,075,086
87,043,150
4,352,271,542
1,609,202,519
66,088,416
50,654,633
45,859,457
27,574,317
1,196,107,813
42,812,184
liabilities-
3,010,074,388
2,304,641,709
2,489,422,259
1,946,662,197
1,753,287,387
1,219,605,237
1,495,671,086
1,090,031,585
145,787,699
132,666,305
113,531,433
108,076,223
crnred
Unmatured rents accrued-.
Accrued
tax
current
Total
school
500,847,486
519,002,588
\
61,945,221
receivable.
Total
572,909,064
£82,281,657
-
Rents
Other
;
132,838,395
re¬
supplies;
dividends re¬
and
Materials
Interest
.
con¬
ductors
ceivable
city soon will build a sewage dis¬
posal
$521,981,434
$542,969,045
$553,629,076
ir
Cash
Loans
Federal program," it was
terest rate because then it would
stated, "the road commission plans
to spend each year $600,000 on be the bond purchasers' market.
miscellaneous State road projects
Today, investors are begging for
and betterments. In addition, the
a chance to invest their money in
cost
of
maintaining
the
5,438
miles of State roads will be $2,- any safe place regardless of low
is
26,756,242
ana
equip.)
defense
Balance at end of May
City Finance Commissioner, who
year
of the
11,899,716
388,019,359
Special deposits
urged recently by Otto A. Dirkes,,
mean
which
11,835,349
post-war public works was
to show
ment, were estimated at $460,000.
"Coincident
with
the
three-
cess
625.248
255,567,073
399,919,075
"
15,426,749
(way
of
Selected Asset
of
local
to
$2,000,000, and 50% complete people favor these improvements.
on
$5,000,000
additional
work.
"We can not afford to wait un¬
Preliminary engineering costs for
the whole program, to be shared til after the war to issue bonds,"
"Now is the time when
by the State and Federal Govern¬ he said.
annually.
269,962,881
258,127,532
preferred stock-'
{Ratio of income to fixed
charges ————2--
municipal
the
issue
cost
500,000
236,180,926
89,867,493
2,387.398
On
Bonds—An
Works
torium and other necessary and
building. Utah's share would ap¬
desirable public works.
A vote
proximate $4,800,000 a year.
Utah plans* were announced as taken today, he contended, would
complete
50,662,694
87,479,595
Immediate Vote Urged on PostWar
and
providig
73,724.551
181,217,280
663,622
2,356,113
Federal income taxes-;——
from
•
The program anticipates
ment
63,484,579
172,032,725
125,623
**Class I
bond
Post-War
—
14,460,282
36,076,789
61,376,036
—
and
structures
.
issued
■'•' •V
Spokane, Wash.
immediate
Utah (State of)
''• •'
59,019,923
Amortization
On
'
48,105,150
!
charges
charges
Depreciation
Dividend
•
120,397
tNet income
less
planned is under¬
than VA%
interest is proof of
so repaid shall expenditure, will be necessary in
In fact, the
the restoration of the roads after what can be done.
be covered into the Treasury as
the war and will continue indefin¬ city actually could make money
miscellaneous receipts.
"(d) The Federal Works Admin¬ itely as the minimum amount for on the deal because of the differ¬
the maintenance of Federal aid
istrator is authorized to prescribe
ence
in interest rates now and
rules and regulations to carry out roads and secondary roads to the
what they will be in a few years
required standard.
There is the
the* purposes of this, section.
further consideration that the last hence.
) As used in this section, the
two Legislatures have added 300
"On a million dollars or more, a
term 'State' shall include the Dis¬
miles of local roads to the State
trict of Columbia."
fraction of 1% can make a tre¬
road system i
[Federal Government Allocates
mendous
difference.
Because
"The commission's road equip¬
S15 Million For Tenant Loans
taken.
fixed
projects
•'
>
charges__:_:
fixed
after
'.
34,468,742
L
deductions
Other
■.
13,516,011
•Interest deductions
Inc.
'
•
equipment
Investments
,
roads
■
Rhode
:
under shall be alloted by the Fed¬
and
000 water revenue bonds.
insuffi¬
were
leased
for
Rent
Carolina
and
Wl
sums
Analysis
of
liability:
accrued
tax
•
tJ. S. Government taxes.
U.
than
Other
ernment
8.
Gov¬
taxes
n
including the amount in default.
tPor railways not in
receivership or trusteeship, the net income was as follows: May, 1944, $48,790,611;
May,
1943, $67,765,805: for' the five months ended May,
1944, $213,745,530; five
months ended
May,
1943, $296,207,031,
tlncludes payments of principal of longterm debt (other than long-term debt in default) which will become due within six
accruals,
♦Represents
the
five
ol,report.
UPor railways in receivership and trusteeship
May, 1944, 1.85; May, 1943, 2.57; five months 1944, 1.76;
includes obligations which mature not more than one year
""Figures include returns of the Minneapolis and St. Louis which
after close of month
months
ratio
as
was
months,
follows:
1943, 2.50.
after date of issue.
emerged
receivership on Dec. 1, 1943, and
from trusteeship On Feb. 1, 1944.
from
which emerged
the Akron,
Canton & Youngstown
<
—
The War Food Administration on
Aug. 2 announced the allocation
of $15,000,000 among the States
and territories- for loans to ten¬
ants
for
Texas
led
Mississippi
$1,128,747.
The
/
of farms.
with- $1,282,835, with
the
purchase
a
.
second5 with
close
r •
loans will be made by the
der terms of the Jones-Bankhead
Farm Tenant Act.
WFA
said
the
$15,000,000
fund should be sufficient
2,700
on
/ -
to help
tenant families get started
ownership.
the road to farm
Allocation
funds
of
and esti¬
States,
mated number of loans, by
included:
-
<
;
-
_
j
<,
'■? Alabama $958,785 and 246 loans;
Arizona
has
had
ment
practically no replace¬
new units during the
with
past three years. An expenditure
of $1,000,000 is now in sight as the
minimum - requirement
for re¬
obsolete
placing
and
Spokane is one of the most finan
daily soupd municipalities
country,
loan;
Arkansas
167; Cal¬
ifornia $155,885 and. 16; Colorado
$114,257 an^ ll;:Delaware $18,182
and three: F^rida $93,304 and 23;
Georgia $°°9 **15 and 263; Idaho
$16,106 and
?7?0,221 and
one
we
in the
stand to receive an
even
better rate of interest than
most
governmental bodies."
worn-out
WEST
VIRGINIA
DIVIDEND NOTICES
ALBERTA
Alberta
(Province of)
Payment—Interest
Interest
which
debentures
matured
15, 1942, payable at the rate of
2V2% for half-year ending Sept.
CANADA
the bonds
posed
State
on
Aug. 31 at an average yield of
gram
is
dated July 15, 1944
$4,800 in 1945 to 1964.
sold at 100.85, a basis
are
and mature
of the post-war pro¬ 0.381%. Dated Sept. 1, 1944 and
They were
estimated at $5,475,000, due Dec.
of 3.90%.
1, 1944.
nearly - $2,000,000
short of
the first year
or
expenditure during
IRVING TRUST COMPANY
on
September 7, 1944
Sept.
15, 1944, will be paid on the latter
and other
date. Presentation of debentures
motorized equipment.
It is esti¬
Summersville, W. Va.
to be made at any branch of the
mated that equipment replacement
Bond Election—The issuance of
Imperial Bank of Canada, or at
charges will be $550,000 in each
of the first three years after the $5,000 not to exceed 4% municipal the Bank of The Manhattan Co.,
war.
Fixed charges for adminis¬ building completion bonds will be New York City.
tration of the State roads, includ¬
submitted to the voters at an
BRITISH COLUMBIA
ing general office and district ad¬
is
ministration
office, * shop
and election on Sept. 26, it 'if. reported.
Prince George, B. C.
laboratory equipment and sup¬
Bond Sale Details—In connec¬
plies, road signs and signals, ap¬
tion with the sale of the $96,000
propriations from the gasoline tax
4%
improvement bonds to Mcfor policing and accounting, and
Canada (Dominion of)
Mahon & Burns of Toronto, report
numerous otheMtems total $625,Treasury Bills Sold—An issue of of which appeared in v. 160, p.
000 annually."
480, the City Clerk reports that
The commission said the pro¬ $65,000,000 Treasury bills was sold
trucks, tractors, graders
Farm Security Administration un¬
The
steadily wearing out and
ment is
The
clared
of
Board
a
per
share
par
$10.,
Directors has this day de¬
quarterly dividend of fifteen cents
on the capital stock of this Company,
payable October 2, 1944, to stock¬
holders of record at the close
tember'
of business Sep¬
12, 1944.
STEPHEN G. KENT
|
Secretary
CORRECTED NOTICE
J. 1. Case
Company
Incorporated
Racine, Wis., September 5, 1944.
of $1.75 per share upon the
Preferred Stock of this Com¬
pany has been declared payable October 1,
1944, to holders of record at the close of
business September 12, 1944.
A
dividend
outstanding
THEO. JOHNSON, Secretary.
The notice
lication
on
which
appeared in this pub¬
September 7, 1944 contained, by
error/in transmission, an announcement of
a common stock dividend.
J. Walter Thompson Company
MONTREAL
OF
CITY
City of Montreal affected by the Plan of Fi¬
Reorganization of the City set forth in By-Law No. 1735
of the City, to wit:
or
by any municipal corporation
ennexed to the City
the latter, except; <ai the
permanent stock issued in London on 1st November. 1888. to the amount of £340XOOO.O.O
($4,088,000.00) and on 1st May, 1890, to the amount of £600,000 0.0 ($2,920 OOO.OO),
Ht a rate of 3% per annum; <b>
the securities matured before 15th May, 1940, whicn
Have
not been
presented for payment and the serial bonds matured or to mature
Ijetween 15th May. 1940, and 1st May. 1944, inclusively which have not^ been pre¬
sented for payment, excepting however the serial bonds matured on
15th October,
1943; (c) the securities authorized to be issued under By-laws Nos. 1635 and 1660,
(B)
the holders of treasury bills of the City.
NOTICE IS HEREBY GIVEN under and in conformity with the provisions of Rule
of Practice No. 5 of the Quebec Municipal Commission and the said By-law No. 1735.
the
has
Montreal
its decision rendered on the 7th June, 1944, and published in
Gazette on the 10th June, 1944, the Quebec Municipal Commission
ratified a„d confirmed the Plan of Financial Reorganization of the City of
By-Law No. 1735.
provided for under the said
BEFORE 15th MAY, 1944
2
THAT in conformity with the provisions of Article 2, paragraph 9 of the said
By-law No. 1735, the City of Montreal has duly given notice of its intention to repay
on the 30th June,
1944, the bonds, debentures and inscribed or registered stocK which
matured on or before the 15th May, 1944, and the treasury bills referred to in the
fiaid paragraph 9 and that the City will repay the said securities on the 30th June,
1944, upon surrender thereof.
The aforesaid notice of intention to repay was pub¬
lished in the Quebec
Official Gazette on the 10th June, 1944.
conformity with the provisions of Article 5 of the said By-law No.
1735
the City of Montreal will retire and repay at the office of the Director of
Finance, City Hall, Montreal, on the 15th September, 1944, in Canadian currency, all
Hfi <perman^nt stock for an amount of $600,000.00 issued at Montreal duiing the
years-1868 1869 and 1870 at a rate of interest of seven per cent (1%) per annum, now
outstanding in an amount of $378,700.00, upon presentation and surrender thereof at
the price of 140% of the face value and interest accrued and unpaid to the said 15th
permanent stock referred to in the
bear interest from the 15th September, 1944.
to
cease
7%
the
THAT
4
preceding paragraph 3 shall
1944.
tember,
1944
the municipal corporations annexed
hereby required to surrender the said
be exchanged, on and after the 15th
September, 1944, for new Series "B" debentures or registered stock, as the case ma>
be
of the City of Montreal in conformity with the provisions of the said By-law No.
1735 and pursuant to the table of exchanges -hereinafter set out.
7.
THAT interest on the said outstanding securities, maturing after the 15th May,
1944, shall cease to accrue from the last interest payment date of the iespective said
registered stock) issued by the City or by
thereto, maturing after the 15th May, 1944, are
outstanding securities in order that they may
or
paragraph A must present
of Montreal
Canadienne
transmission
for
to
Finance,
XXX.
v
bonds
such
any
debentures
or
be exchanged for new Series "B" registered stock and which stock the holder
requests to have registered on the registers kept at London, England.
(ii)
All outstanding inscribed or registered stock which is registered on the
.
•
s,
registers kept at Montreal.
outstanding securities which are mentioned below in this sub-para¬
Holders of
B.
present them for exchange
Street, London, E.C. 2, England, namely:
B
inscribed
outstanding
All
the Bank of
to
must
(i)
Montreal, 47 Threadneedle
is registered on the
registered stock which
or
registers kept at London, England.
bonds or debentures which are payable optionally in
sterling and which are stamped with British stamp duty and which the holder
thereof desires to exchange for new Series "B" debentures so stamped.
(ii)
outstanding
Any
bonds or debentures payable in sterling only which
Series ' B" registered stock and which stock the
holder requests to have registered on the registers kept at London, England.
(ill)
XX.X
outstanding
Any
be
to
are
exchanged
for
new
provisions of the foregoing sub-paragraph A, holders in
the United States of America of outstanding bonds or debentures payable optionally
in
United States
funds may
present them for exchange to the Agency, Bank of
Notwithstanding
C.
B
Montreal
B
Montreal——
May
Montreal———May
-—-
B
D
B
Montreal
Montreal
Montreal
B
H
4
.:■(
——
I
' '
(
Bank
the United
in
D
D
Delorimier—
B
Montreal
B
duty
D
City
Montreal—
.—.December
Montreal
Montreal—
B
Montreal
B
February
February
May
May
September
Montreal
.-
_
D
Delorimier
B
Montreal-!
B
Montreal———
5,925,000.00
D
1954
3'/4
5,189,000.00
A
1955
3'4
4
D
1955
3(4
545,500.00
A
4&
545,500.00
1,139,500.00
D
1955
3(4
1,139,500.00
A
300,000.00
D
300,000.00
A
4
of
D
1955
3(4
175,000.00
A
D
1955
3(4
1,909,500.00
A
373,000.00
D
1955
3(4
373,000.00
D
166,000.00
A
344.000.00
D
3
166,000.00
,
D
1955
3(4
D
1955
•'-3(4
D
1956
3(4
5,834,000.00
1957
3(4
84,000.00
D
569,000.00
D
1957
3(4
569,000.00
A
1,148.000.00
4'/2;
,
D
1957
3 (4
1,148,000.00
A
'6,262,000.00
,
4
AVz
* 5
175,000.00
The
B
Montreal—
—December
D
1957
3(4
20,000.00
A
D
1957
3(4
100.000.00
A
4(4
D
1957
3(4
448,000.00
D
4»/2
368,000.00
D
1957
3(4
368,000.00
4,000,000.00
D
1957
3(4
3,071,000.00
A
1958
3(4
929,000.00
A
4
3
4
l, 1947
4'/2
3, 1947
1958
3(4
1958
3(4'
1,817,000.00
D
D
1958
3 V2
583,000.00
A
1,205,000.00
D
1958
3(4
1,205,000.00
A
--3(4 X
59,000.00
A
4'/2
4'/2
D
D
583,000.00
59,000.00
D
1958
424,000.00
D
1958
3(4
424,000.00
2,669,000.00
D
1958
3(4
962,000.00
D
1959
3(4
1,707,000.00
D
A
■
4V*
2,350,500.00
3(4
2,350,500.00
3'/2
174,500.00
D
1959
3»/2
174,500.00
5
47,000.00
D
1959
3(4
47,000.00
A
4
10,000.00
D
1959
3(4
10,000.00
A
D
Delorimier
March
surrendered
must
be
the
sub-paragraph
foregoing
accompanied by
a
letter of transmit¬
May
1959
3(4
1,116,500.00
A
St. Louis—
May
1, 1948
4V2
622,000.00
D
1959
3 '/2
622,000.00
A
Notre Dame de Grace__.May
1,1948
4Vz
275,000.00
D
1959
3(4
275,000.00
Rosemoun'
1, 1948
5
25,000.00
D
1959
3 Vz
13,000.00
1960
3(4
12,000.00
S
1960
3%
6,377,401.66
C
83,371.08
B
8,000.00
A
November
—
4(4
Montreal
JMay
1,1948
Montreal--————.May
1,1948
St. Paul—
September 15,1948
S
D
1,116,500.00
all
W.,
—October
B
Montreal——
D
Notre Dame de Grace
4
6,377,401.66
4
83,371.08
99,000.00
D
The
found
H.
in
•
15,1948
November
1, 1948
A
D
1961
3(4
412,000.00
D
50,000.00
4
91,000.00
412,000.00
4%
3(4
'3%
D
1961
3(4
50,000.00
A
368,000.00
Notre Dame de Grace.—November
1,1948
Delorimier
1, 1948
5
50,000.00
D
February
1, 1949
3»/2
180,000.00
D
D
St. Henri
May
1, 1949
4
126,000.00
——December
4»/2
368,000.00
D
St. Paul—
May
1,1949
4«/2 V
Maisonneuve—
May
1,1949
4</2,
St. Louis
July
15, 1949
B
Montreal;—
B
Montreal
—
September
•
——.October
D
Notre Dame de Grace
D
Maisonneuve
St. Louis
4»/2
1, 1949
50,000.00
3(4
180,000.00
D
1961
3(4
126,000.00
A
D XX-
1961
3(4
39,000.00
A
S
1961
3(4
666,246.69
C
483,200.02
D
1961
3(4
483,200.02
D
1961
3(4
2,335,000.00
450,000.00
4'A
D
XX 1961
3(4
450,000.00
November
1,1949
4V2
50,000.00
D
1961
—November
1,1949
4«/4
135,000.00
D
1961
3(4"
November
1,1949
4V2
1961
3(4
-
3(4
A
A
;XxA::
"
G
••:■';. A!
D
50,000.00
A
135,000.00
A
825,000.00
G
825,000.00
D
Notre Dame de Grace
November
1,1949
4V2
270,000.00
D
1961
270,000.00
A
D
St. Paul——
November
1,1949
4V2
10,000.00
D
1961
3(4
10,000.00
A
B
Montreal
January
1,1950
4 Vz
11,815,000.00
D
1961
3(4
118,000.00
D
1962
3(4
6,843,000.00
D
1963
3(4
4,854,000.00
1963
3(4
60,000.00
A
1963
3(4
189,000.00
A
1963
3(4
40,000.00
A
122,000.00
._—
St. Paul
D
3(4
-
:
D
D
D
1,1950
1,1950
4Vz
60,000.00
D
B
February
Montreal————February
3V2
189,000.00
D
D
St. Paul
.May
1,1950
4 Vz
40,000.00
D
Longue Pointe—-——-May
1,1950
4>/2
122,000.00
D
1963
3(4
D
Maisonneuve
May
1, 1950
4'/2
67,646.67
S
1963
3(4
67,646.67
C
D
Maisonneuve
May
l, 1950
4>/2
516,420.01
D
1963
3(4
516,420.01
B
S
Montreal——
May
1,1950
4
4,628,652.60
8
1963
3(4
1,038,931.13
C
1964
3(4
3,589,721.47
c
S
Montreal—
.May
1,1950
4
60,030.45
1964
3(4
60,030.45
B
Montreal—
October
—
-
&
S
D
1
D
Maisonneuve
B
B
'
Montreal-
November
450,000.00
D
1964
3(4
450,000.00
35,000.00
D
1964
3(4
35,000.00
4Yz
15,1950
St. Henri——i——
..November
1,1950
Maisonneuve:
—November
1,1950
D
:sx:;
A
419,993.35
S
1964
3(4
419,993.35"
C
4(4
4
D
A
D
4 V2
220,000.00
D
1964
3(4
220,000.00
A
3V2
196,000.00
D
1964
3(4
196,000.00
A
1,1951
1,1951
4V2
2,053,000.00
D
1964
3(4
2,053,000.00
4Vz
198,000.00
D
1964
D
B
1.1950
1,1951
February
Montreal—-—
April
St. Henri—
——.May
1965
D.
Maisonneuve—
1
May
Recollet——.May
38,000.00
160,000.00
A
A
1,1951
15,1951
November
—^.November
4Vz
574,133.34
D
1965
3(4
574,133.34
B
5
140,000.00
D
1965
3(4
140,000.00
A
15,1951
—October
—
D
3(4
3(4
X
4(4
370,000.00
D
1965
3(4
370,000.00
D
1,1951
1,1951
4'/2
45,086.67
D
1965
3(4
45,086.67
B
4(4
6,330,783.87
S
1965
3(4
5,988,778.87
C
1966
3%
342,005.00
C
s
November
1,1951
:
4(4
113,612.81
S
February
1, 1952
X
3(4
4,178,500.00
D
4(4
923,520.00
4(4
•
1966
X'X
''
1,1952
—..May
1,1952
May
1,1952
1,1952
1,1953
A
D
1966
3(4
923,520.00
B
S
1966
3(4
1,965.359.52
1967
3(4
4,390,599.60
C
S
1967
3(4
138,802.42
B
D
100,000.00
4(4
4,178,500.00
D
13,510,275.46
5
1, 1953
3(4
138,802.42
1,334,926.78
5
March
May
Recollet
au
1966
6,355,959.12
4(4
X
113,612.81
S
—May
3(4
S
X
B
C
1967
3(4
1,334.926.78
B
1967
3(4
100,000.00
A
1967
3(4
1,826,669.27
°
S
Montreal
D
Maisonneuve
_May
;
Sault au Recollet
1,1953
May
4>/2
1, 1953
August
213.067.90
41,000.00
D
;
3,636,606.93
C
3(4
213,067.90
B
1969
D
8,046,999.26
3(4
1969
"
3(4
1969
'
■
s
1,121,766 68
5
C
1968
S
S
3(4
1,121,766.68
B
A
C
1969
3(4
41,000.00
September
1,1953
4 Vz
196,000.00
D
1969
Xix 3(4
196,000.00
May
1,1954
4'/2
97,000.00
D
1969
3(4
97,000.00
D
Sault au Recollet—.
May
1, 1954
6
204 000 00
D
1969
3(4
204,000.00
G
Maisonneuve—
May
1, 1954
5
235,059.99
D
1969
3(4
235,059.99
B
May
1,1954
5
2,817,500.00
D
-CX 1969
May
1,1954
5(/2
May
1, 1954
5
.St. Henri
Montreal
;
Maisonneuve
<
1..1953
5
,
#
A
3(4
2,647,000.00
G
1970
3(4
170,500.00
G
185,000.00
D
1970
3(4
185,000.00
A
10,317,000.00
D
1970
3(4
8,331,000.00
D
1971
3%
'
V
:
Cartierville
B
_
Montreal—
D
Montreal
D
Cartierville
-May
D
1,986.000.00
D
187,000.00
-
A
1, 1954
4V2
187,000.00
D
1971
3(4
May X;X
1,1955
5(4
1971
3(4
103,000.00
A
3(4
267,000.00
G
G
103,000.00
D
Sault au Recollet
May
1,1955
6
267,000.00
D
XX 1971
D
Sault au Recollet
May f
1,1956
6
114,000.00
D
1971
X" 3(4
114,000.00
B
Montreal
November
1, 1956
5
3,401,000.00
D
1971
3(4
3,401,000.00
D
B
table
the
bonds
coupon
interest
and
coupons
debentures must be surrendered
which are payable after the 15th
coupon
of
exchanges
referred
attached
to
in
the
above numbered
paragraph
6
will
adjoining column.
Montreal
November
1,1956
5
34 600 00
D
1971
3(4
34,600.00
A
D
Ahuntsic
November
2,1956
5
lo!ooo!oo
D
•: 1971
3(4
10,000.00
A
Montreal—_____
September
1,1958
5
2,692 000.00
D
1971
3(4
2,692.000.00
D
Montreal
March
1, 1959
4
4,000,000.00
D
1971
3(4
238.000.00
1972
3(4
3,762.000.00
except as
to
any
F
securities
registered
or
required
V
registers kept at Montreal and London. England for the purposes of
the registration of all outstanding securities maturing after 15th May,
1944, to be
exchanged in conformity with the said By-law No. 1735 will be closed for the pur¬
exchanges
provided
for
in
this
Montreal this twenty-third day of June,
-
(
D
D
J Xv Ahuntsic
6
v
F
May
1,1959
5
40,000 00
D
1972
3(4
40,000.00
a
5
2,605,000.00
D
1972
334
2,605.000.00
D
4Vz
5,587,000.00
D
1972
334
2,921.000.00
D
1973
3(4
2,666.000.00
B
Montreal—
September
1, 1963
B
Montreal
December
1,1966'
B
;
Montreal
—December
•
Montreal—
D
2,003,000.00
D
1973
3(4
2,003.000.00
D
1,1969
May
4(4
4(4
10,458,997.12
S
X-X1973
3(4
4.964,997.66
B
S
S
1,1967
t, H
334
5,493,999.46
B
B
Montreal
January
1, 1970
b
Montreal
April
1,1971
1974"
on
and
after
the
1st
1944.
b
OF
MONTREAL
By L. ROBERGE
Director
of
Finance
;;
Montreal.—
A.
Canadian.
b.
Canadian
.
or
.
.
June
.
„
v"-_
sterling.
—
-
1974
334
1,1971
c.
Canadian
4.062,000.00
D
7,901,000.00
D
1974
334
395,000.00
1975
334
7,506,000.00
D
D
1975
3(4
1,998,000.00
D
4(4
1,998,000.00
Sterling.
d.
4(4
4(4
D
Notice
CITY
.
X-v.-
THAT all
the
B
■
D
to be
X
pose of effecting
(Septemhef. 1944
'
B..;
'2, England.
at
3(4
3(4
1961
■
D
On
DATED
1961
1961
■f'
2,335,000.00 J'
4
15,1949
39,000.00
666,246.69
D
D
D
registered on
the registers kept at London, England.
In such latter case the exchanges will con¬
tinue to be effected at. the Bank of Montreal, 47 Threadneedle Street; London, E.C.
9.
A
A
1961
Montreal
IB
_
N. Y. '
outstanding
Montreal,
X
A
;f.:
1960
221 St. James St. W.,
.
and after the 15th March, 1945, all outstanding securities to be exchanged
aforesaid will be exchanged only at the office of the Director of Finance, City
Hall,
3(4
1960
'
B
D
1944.
G.
•
S
5
D
D
D
Montreal, P. Q.
The Provincial Bank of Canada,
.
\
Montreal,
appurtenant
October,
D
D
D
47 Threadneedle Street.
London, E.C. 2, England.
All
A
Montreal
D
F.
1959
D
D
Banque Canadienne Nationale,
Place d'AiWs,
Bank of Montreal,
119 St. James St. W.,
Montreal, P. Q.
Street,
New York,
D
D
Montreal—
of
Bank of Montreal,
Wall
D
3 Vz
Sault
1944.
Montreal, P. Q.
64
A
171,000.00
1, 1948
Maisonneuve———November
provisions
August,
Bank of
_
A
*
171,000.00
1,817,000.00
4Vz
15,1947
S
15th
Agency,
i
A
175,000.00
20,000.00
100,000.00
448,000.00
1, 1948
1,1948
1,1948
Delorimier__
D
James St.
3(4
•
414
4»/2
February
Montreal
D
the
the
than
Royal Bank of Canada,
St.
360
1957
D
—February
B
D
A,
Threadneedle Street, London. E.C. 2,
the said outstanding bonds or debentures
47
Montreal, P. Q.
*
D
X,
D
of outstanding bonds or debentures which are payable
Hall,
3»/2
175,000.00
4V4
15,1947
1,1947
Montreal.;——
Finance,
1955
.
••'XxA.
736,000.00
1,909,500.00
4
1,1947
December
S
be
,
*
4Vz
1, 1947
1,1947
—October
X
Montreal—
Montreal, P. Q.
as
5
1,1946
1,1946
—November
Maisonneuve
B
D
be
A
D
D
S
Kingdom
securities to
All
Director
with
A
50,000.00
15, 1946
Maisonneuve
tal, forms of which may be obtained from:
j
161,000.00
47 Threadneedle Street,
E.
.
(4
1,1946
.-October
D
London, E.C. 2, England and are advised to consult the
Bank before shipping their securities to Montreal for exchange.
said
D
3
1,1946
1,1946
September
Montreal
which are not stamped with British stamp
that special arrangements have been made with the Bank of Mon¬
notified
are
D
3«/4
1, 1946
B
foregoing sub-paragraph A, holders
solely or optionally in Canadian funds and
treal,
A
1954
1,1946
outstanding bonds or debentures which are payable solely or
funds and which are stamped with British stamp duty, may
notwithstanding
Furthermore,
holders
173,000.00
;
1954
■
Montreal—
later
not
271,000.00
3(4
x
D
,
S
to
said
f
in
the Bank of Montreal,
provided the said holders lodge
the
with
3(4
1954
50,000.00
the
Notwithstanding the provisions of the
England,
1953
D
1,1946
1,1946.
February
V -
—May
Montreal—
May
Maisonneuve
May
Notre Dame de Grace—May
Montreal
them
t\
Montreal—.
Maisonneuve
present
D
XV
D
<y?''
Montreal—
in Canadian
$45,000.00
161,000.00
15,1945
February
-
Montreal
B
,
Oetober
S
optionally
3
3(4
1,1945
1,1945
1,1945
1,1945
—-June
B
Kingdom of
444,000.00
which
payable
to
%
1953
l, 1945
Montreal—.-May,
Maisonneuve—
May
D
D
United
.
—
Wall Street. New York, N. Y., provided the said bonds or debentures are
the
1st
November
D
D
—
payable to bearer and are to be exchanged for new Series "B" debentures payable to
bearer and provided further that the City of Montreal is not obligated to issue such
new Series "B" debentures stamped with British stamp duty.
D.
1, 1945
Delorimier-
Sault au
64
March
D
D
Montreal,
414
$45,000.00
Currency
in
D
(
graph
-
V/z
February
—
D
namely;
the exception of;
which are payable optionally in
sterling and which are stamped with British stamp duty and which the holder
thereof desires to exchange for new Series ''B'' debentures so stamped; and
<bi
any such bonds or debentures payable in sterling only which are to
(a/
;X X
said Director of
All outstanding bonds or debentures with
(i)
;
the
15,1944
:
D
securities which are mentioned below in this sub¬
them for exchange to the Director of Finance of the City
or deliver them to any branch in Canada of the Bank of Montreal,
Banque
Nationsle, The Royui Bank of Canada or The Provincial Bank of Canada
outstanding
of
Holders
A.
securities should proceed as follows:
the said outstanding
THAT holders of
8.
on
"
present ■-Xx-xX;
Maturity
at rate of
Amounting
Maturing
Montreal
5
D
the 1st November, 1944.
securities preceding
3,1944
February
Montreal
S
inscribed
securities (bonds, debentures and
of outstanding
holders
the
THAT
6.
15th MAY,
AFTER
MATURING
SECURITIES
OF
V
after
City of
D
v
EXCHANGE
stock
issued by
D
permanent stock referred to in the preceding
paragraph 3 kept by the City shall be closed permanently on and after the 1st Sep¬
for the 7%
the registers
THAT
5
to
1,1945
1,1945
B
B
1944.
(September,
Montreal——
B
THAT in
3.
Amounting
%
D
B
B
PERMANENT STOCK
REPAYMENT OF 7%
AND
RETIREMENT
EXCHANGE
IN
interest
(DorS)
-July
—October
Maisonneuve—
B
SECURITIES WHICH MATURED ON OR
REPAYMENT OF
or
at
-!-XX:
XX
B
Quebec Official
"
r
Issued by
D
FINANCIAL REORGANIZATION
by
THAT
Matured on or
to mature on
'
Stock
(B, DorS)
securities issued by the City and
whose debt has been assumed by
the holders of
1
'
'
Of Bonds,
Debenture?
RECEIVE
Debentures
Interest
HOLDERS
nancial
TO
Bearing
Bearing
To the Creditors of the
RATIFICATION OF PLAN OF
ARE
TABLE OF EXCHANGES
NOTICE
(A)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Monday, September 11, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1128
F.
or
United States.
G.
Canadian
or
4,062,000.00
D
D
Dutch.
Canadian, United States
or
sterling.
@FedFRASER