The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Ityjjj'
MONOAY
.Volume 164
New York, N. Y.,
Number 4521
General
RAILROAD
V Aero
On
Supply Mfg. Co. Inc.—Financial Statement—
May
tion
on
visions
class
1,
of
the
stock
A
'•
July
lr
1946,
AETNA
CASUALTY
AND
INSURANCE
-
SURETY
$120,927,792
78,325,596
„
three shares
were
redeemed,
of
class
and
stock.
B
During June
shares
1,938
[l
>:
.
Contingency
,7'
reserve
been
presented
to
Capital
6,000,000
1
28,102,196
Gross
,
30,363,227
redemption or conversion.
The latter are v
upon the surrender of the certificates of
therefor have been permanntly deposited with ■
either
THE AUTOMOBILE INSURANCE CO.
the
funds
Total
redemption agent.These transactions resulted in the elimination
class A stock from the company's capital structure and there
is now only one class of stock outstanding—432,930 shares of $1 par V.
the
of
value
class
B
—V. 164, p. 677.-
company's operations for the calendar year
consummated
by a closing agreement which established
was
that
profits
been received.
had
RESULTS FOR
sales—
Profit
I
______
tax
refund
during first six months
during
first
1946
14,311, 699
six months
1946
373
12,535, 736
_
-
332,700
■■■■■■
t
651,200
2,306,600^
46,714
625,000
$116,365
$0.25
$187,407
$219,228
$0.50
prdv.__
of
of
at
profit__—. *$160,092
•Earns, per cl. B share
\;:V Nil
•Based
class
414,561
on
B
outstanding.
shares
SI,017,600 price adjustment refunds.
$0.43
tAfter
3V4%
$100
This
Issue
each
Exchange
(Stocks)
New York
Stock
Exchange
(Bonds)
New York
Curb
resulting
Baltimore
Stock
from
accounts
and
inventories
accelerated
claims
lower of cost
(at
of
amortization
receivable
1946
•
hand,
(after
facilities,
war
reserve
of
Boston
market), $267,699; fixed assets (after
treasury stock (8,260 class B shares
cost), $22,895;
leasehold improvements, $3,619;
patents,
$3,210;
goodwill
and
trademarks,
$588;
deferred charges,
$14,660;
total,
$2,477,266.
•
•
■
of
reserves
Cleveland
deposits
(per
contra),
$9,787;
accounts
payable, $5,823; accrued items, $27,218; reserves for capital stock and
franchise taxes, $4,500; reserves for income and excess profits taxes,
$63,410; miscellaneous reserves, $8,199; 9,753 shares outstanding of
class A stock
(called for redemption on July 1, 1946, at $20 per
share), $9,753; class B stock outstanding, (430,935 shares), $430,935;
earned
surplus
(since
May
1,
1934),
$1,417,293;
capital -surplus,
$480,842; stock conversion surplus, $19,506; total, $2,477,266.—V. 163,
yy
Aerovox
EEC
for
Aug.
on
filed
22
and Dempsey &
publicly.
The common
purchase warrants for purchase of
bid
the
above
registration.
sold
will
sold
Bankers
will
be
at
will
company
10
officers
to
be
such
common
stock
common
the
on
Toronto Stock Exchange—Curb
Over-the-Counter
the
Trust
Co.
to
a
The
warrant.
remaining
Aetna
of
York.
New
The
capital.—V.
a
164,
p.
677.
Life
Insurance
Co.
below.—V.
163,
p.
financial
statements
for
the
four
r
-
'■
'
as
of June
30,
follow;
balance
Total
LIFE
INSURANCE
held
in
construction
work.
Declared and
Dividends
1243
Payable
except capital—
Foreign Exchange
Federal
,
by
the
the
building
Reserve
Rates
the
company in a position to
carry the additional
and accounts receivable, which will be needed for
anticipated increase in the volume of business.
notes
from
the
CAPITALIZATION, -GIVING EFFECT TO PRESENT FINANCING
1243
Authorized
v:
2%
Federal Reserve. System_____^.'^__l-___1243
Capital Flotations for July 1946—
__.12Q0
Insurance
for expansion of plant and facilities, amounting to
$18,000,000, will be used to augment working capital
place
result
or
——1243
Banks..;
will
debentures due
••
cum.
^
Common
•On
stock
in
($100 par)
*500.000 shs.
i.
par)
series,
and
to
359,373 shs.
#3,750,000 shs..'t2,515,261 shs.
26, 1946, the certificate of incorporation
the authorization of 500,000 shares of
for
„
issuable
(no
Outstanding
$15,000,000
Sept. 1; 1956—____ $15,000,000
pfd, stock
conv,
Aug.
provide
„
15,000,000
__________
.
STANDARD
FIRE
INSURANCE
increase the authorized
was
amended
preferred
number of
stock
_______
„
tExcludes
in force—
_____
$9,034,526
first six months 1946___—
during first six months 1946
during
—V. 163, p.
893.
718,746
stock
/
shares
reserved
are
4';'
v
of
for
11,878
shares
reacquired
and
;
held
,7
in
'
1913,
and
AND
BUSINESS—Company was incorporated March 1!
Delaware, to acquire pursuant to a plan of reorganzatio
assets, subject to liabilities, of Allis-Chalmers Co. (N. J.)
was
them in
receivership.. The predecessor corporation ha
which
the
been
1,780,250
concerns,
since
formed
in 1901 through the consolidation of four manufacture
of which, Edward P. Allis Co., had been in busines
Subsequent to 1923 the company's line of products wa
one
1847.
.
ELECTRONICS
-
NEW
YORK
STOCKS, INC.
\
DIVERSIFIED
Municipal Bonds
INDUSTRIALS
,
•
■
RAILS
i
INVESTMENT FUND
DEPARTMENT
•
qAllen
&
Kobbe, Gearhart & Company
Company
Membert
Established 1922
1
80 BROAD STREET
Telephone:
HAnover 2-2600
NEW YORK 4, N.
Bell
X.
Teletype: NY 1-573
...
_
.
New
INCORPORATED
York
45 NASSAU
.
~
•
•
" '■
;
*
Association
8TREET, NEW YORK 5
;
Telephone
Philadelphia Telephone
Bell Teletype
REotor 8-8600
Enterprise 6010
New York 1-570
9a
Security Dealers
.
/
353
'
in
all of
2,177,406
>
FLORIDA & NEW JERSEY
of
the
con-
-7
treasury
V;
■tf
SPECIALIST IN
MUNICIPAL
3,750,000.
common
HISTORY
1,000,000
2,329,672
Income
to
900,000
f
Disbursements
of
shares represented by scrip certificates.
4,804,854
__
'•
130,371,839
*1,^8,370,237
5,908.732,000
2,750,000
shares
version of the convertible preferred stock.
$9,034,526
$1,201,814,166
during first six months 1946—________
during first six months 1946—__
Disbursements
from
authorized
to
stock,
shares
CO.
liabilities"— "~1III—"ZIZIIIZZ
■v:f Contingency reserve
48,695,892
—
....
Total
1,075,718,273
of
and
inventories,
The Course of Bank Clearings——————1242
62,400,000
Some
under
but
approximately
and
;;
.
Insurance
and
proceeds not used
.
$1,201,814,166
yiirxyy
Surplus
Income
plant
sales
road
3,750,000
-I-
—_
estate,
be accomplished through the .acquisition from-the
certain plants and equipment located
at West
of
•
CO.
—
—
undertaken
over the pre-war level,
particularly .in farm equipment
machinery, which will necessitate much larger in¬
payrolls, will require enlarged distributional facilities,
and will result in greater accounts receivable.
The portion of the net
and
Condition Statement of Member Banks of
Contingency reserve including group life special reserve
Capital
has
.
Liabilities—
All other liabilities
Company
expenses.
In connection with such program, the company has
the
expansion
of
its _ field
distribution,
warehousing
and
facilities, including miscellaneous acquisitions and construction
work, at an approximate cost of $5,000,000. Company has added and
is now developing many new products and
expects a substantial in¬
:;
assets
other
and
real
may
Wis.,-' used
now
progress
common
AETNA
not more than $50,280,740
(exclusive of amounts to
may be entitled if the unsubscribed shares should
underwriters, at a price in excess of $100 per share),
than $49,885,429,
after deducting in each case under¬
Government
crease
which show the financial condition of the companies
1946,
The
Redeemable
planned
Companies have been filed with the Insurance Department of Georgia,
These statements,
stock.
common
5, '1946,
Convertible
stock.
service
Redemption Calls & Sinking Fund Notices-.1243
■
Life
5.
the net proceeds.
-1224
General Corporation and Investment News_1197
Report—
Aetna
-1241
State and City Bond Offerings and Sales—1256
v
Report—
645.
Sept.
Dec.
cpmmon
be
less
ventories
warrants will
from
and
into
company in connection with war production
lease.
Negotiations for such purchaser are now
ultimate purchase prices, if such properties are
acquired are presently unknown. Part of such expansion program has
already been
accomplished
at
an
approximate
cost
of
$7,000,000,
which was paid out of current funds and which will be
restored from
and
in
Miscellaneous Features
the
to
expansion
S.
Allis,
share
balance, estimated at $373,680, f
Aetna Life Insurance Co.—Mid-Year
Mid-year
$2
date- of
the net
working
-1237
Section—. -1240
Markets
5
by the
the
such
U.
-1238
Stock and Bond Averages
employees of the company.
The debentures
proceeds from the sale of debentures,
$1,025,000 for payment of an indebtedness to the,
use
added
cents
Of
________
Sept.
in
or
not
and
Transactions New York Curb Exchange—. -1224
and
100.
Aetna Casualty & Surety Co.—Mid-Year
See
at
effective
,.1236
Exchange
cumulative
of its tractor division plants at Springfield, 111.,
and La
Porte, Ind., at an approximate cost of $17,000,000 and its general
machinery works at West Allis, Wis.,
and Norwood,
Ohio,
at
an
approximate cost of $10,000,000.
Of these expenditures approximately
two-thirds will represent the cost of machine
tools and equipment
Exchange———— _1237
Curb
5,
the company
sold
and
-1236
Stock Exchange.:
June
5,
expansion
._1236
Company will sell warrants for 25,000 common shares to
underwriters at
the
be
of
price
Exchange—.;
Montreal
sinking fuhd debentures, due 1961, and 50,-,
Underwriters, Ames, Emerich & Co.,
Co., Chicago.
The debentures will be offered
shares will be issuable upon the exercise of
stock
Stock
Stock
March
writers') commissions
._1235
Montreal
common stock.
Inc.,
Exchange
St. Louis Stock Exchange
$1,500,000 of 5%
4)00 shares ($1 par)
be
Transactions New York Stock Exchange- -1224
with
STOCK—Dividends,
unless
LISTING-r-Company has made application for ,%e listing of the
debentures and,preferred stock on the New York. Stoqik Exchange.,
which
._1235
■——
whole
estimated
-1234
Stock
Toronto
statement
registration
a
—1234
Philadelphia
With
V
__1235
Pittsburgh Stock Exchange———.
iy
company
—
—
Angeles
Los
^^y;:
■'
■:
Corp., New Bedford, Mass.—Registers
SEC—
The
''.yy,-'-: ■
holders
26,
*r,PURPOSS^—The net proceeds to be received hy the company from
;
the sale o^ the debentures and the convertible " preferred stock are
Exchange--————— -1235
Stock
Detroit Stock Exchange
,
p. 2285.>.
Stock Exchange^————
Chicago Stock Exchange
Stock Exchange——
Cincinnati
at
LIABILITIES—Employees'
Exchange—.——__ —1234
or
$493,031;
$298,206),
X
-1229
Exchange—
Aug.
on
„
—1224
-
$72,394;
$201,016;
$38,2301,
convertible
the
part at any time on 30 days' notice at $103 per share
and accrued dividends. .Transfer Agent, Guaranty Trust Co. of New
York. Registrar, Central Hanover Bank and Trust Co.
:
,
,..1213
—
held
quarterly
time,
any
in
Page
Stock
30,
to
convertible
such
previously redeemed,
initial conversion price is $50 per share of
.
New York
JUNE
SHEET,
on
share
is offering 359,preferred stock for sub¬
of common stock at the
company
Sept. 1.
Redeemable in whole or in part at any time
notice at 101% prior to Sept. 1, 1947, and reducing .10%
City Bank Farmers Trust Co., trustee.
days'
at
Stock and Bond Quotations
V;,
and
banks
in
1,531,629
Sept. 1 thereafter.
payable
$1,141,921; cash (restricted,
per contra), $9,787;
cash deposit relating to redemption of class A
stock, $221,800; post-war excess profits tax refunds, $24,645; refunds
BALANCE
CONDENSED
ASSETS—Cash
!
1,170,437
and
1
30
on
In
■'
iDeficit.
cumulative
per
of
stock
common
-
deducting
No provision necessary,
5,361,878
1,015,840
.
PREFERRED
Net
966,581;
194,393
13,376,883
6,543,352
V'';.'*;.
-
share
1
March
3,150,820!'
,265,555
13,102,088
preferred stock for each 7 shares
1946.
The subscription warrants
will expire at 3 p. m., EDST, on Sept. 12, 1946.
' "
?
Interest on the $15,000,000 2% debentures is payable semi-annually
of
885,321
prov. (net)
shares
scription
1943 IS
449,065
158,051-
12,783,047
4,706,680
OFFERING OF PREFERRED STOCK—The
rate
1944
.138,827
..
8,145,532
and interest.
f
30
$4,592,434 t$7,222,997 $10,178,634
•160,092
_______
Renego.
*
and
tax
Federal
,
9,793,177
;
Disbursements
918,729
ed—Blyth & Co., Inc., and associates on Aug. 27 offered
$15,000,000 2% debentures, due Sept. 1, 1956, at 100%
5,000,000
>
5,000,000
Income
I
$1,976,806
686,096
Allis-Chalmers Manufacturing Co.—Debentures Offer-
<;
26,608,623
reserve
$46,401, 800
.
1945
$511,436
before
renegotiation
,1
MONTHS ENDED JUNE
6
,1946
Net
$46,401,800
.
Contingency
the
of
excessive
no
.
1943
$1,838,496
•
578,688
yt
stock.
Renegotiation
1945
assets'
Total' liabilities
the
.
from
:•••; Net ry. oper. income—
25,655,400
•
52,072
/
,
1944
$1,698,818
193,966
railway,
Net from railv/ay
$120,927,792
i
"
January 1—
1945
$1,190,061
from
■I'From
into
redemption only
and
stock
for
Copy
-Earnings-
1946
vv-
from
railway,.
railway
Net ry. oper. income-—
Net
•
subject
July—
Gross
v
8,500,000
2,602
converted
were
•\
'
Surplus
class A shares 5,814 class B -c
Total
chares.
As of the close
of business on July 1,
1946, an additional y
Income during first six months 1946
2,998 class A shares had been redeemed, 665 shares had been con-tV
Disbursements during first six months 1946—verted into 1,995 shares on class B stock and 6,090 shares had not
into
a
MISCELLANEOUS
-
Alabama Great Southern RR.
CO.
assets
Total liabilities
$20
at
INDUSTRIAL
-
THE
Total
its class A stock for redemp¬
per share.
Under the pro¬
company's certificate of incorporation, each share of
was
convertible, at the option of the owner thereof, »
the company called
1946,
before
or
Price 60 Cents
Corporation and Investment News
PUBLIC UTILITY
-
Monday, September 2, 1946
-
>;
-
HUGH
: PROSPECTUS ON REQUEST " '
W.
LONG and COMPANY
INCORPORATED
48 WALL STREET
634 SO. SPRING ST.
NEW YORK 5
LOS ANGELES 14
-
;:;v
f'Vi
■'.•
?!,.; /»./.T ' t? /> AA
A
^
>'u•■>•;•/•
V-
THE COMMERCIAL & FINANCIAL CHRONICLE
1198
Monday, September 2, 1946
MM
'
A
acquisition, /from time to
companies.
h
v ■
domestic subsidiaries but has two small foreign
subsidiaries, which ; are wholly owned :xAllis-Chalmers Rumely, •Ltd. t
(Canadian), handles'the sales ^Of various of the .company's products
in Canada, and Allis-Chalmers de Mexico, S. A.
(Mexican), handles
greatly
time,
through
principally
enlarged,
of
the business
the
various other
assets of
or
-special stockholders' /meeting "has -been Called for-Bept/IB -to yote
ion a
proposal H® increase the nUmber of authorized shares of capital
•stodk of $1 par value from 1,500,000 to 5,000,800 shares." If the pro¬
posal is approved, there will be a stock disttibutiori 'in 'the nature
of,/a split-up in vth'e (ratio of -two -additional shares/for each ' share
.
r
The company has no
certain
plants
held.
Ohio;
1
*
t
*
,
23
entitled
arc
Operating irevenues—33,524,009
Operating expenses
13,400,129
Federal
Other
debenture ^underwriters and
the principal amount of debentures to be purchased from the company,
of -the
-names
1946—3 Mos.—1945
taxes—
taxes
Property retire.
&
r.
1?36,644,821 137,439,757
54,561,738
21,547,513
10;918,110
9,786,719
2,578,852
10,410,294
conservative values based-on existing contracts-for their is ale, $6;580,2
j604;. advances pn ores, concentrates, etc., received for purchase, or
treatment-on toil basis,■ but not settled for, $'3,695,544; materials and
53,768,133
12,352,581
2,416,560
10,945,328
"/"A
depl.
8,630-,561
-
follows:
as
$10,895,803; metal stocks (not including metals treated on toll.basis)
less unearned treatment charges, $54,931,543; ores and concentrates
on hand
at mines and in transit, to smelters, at cost of production'or
;;
3,929,220
—.>• 2,769,665
—
Mos.—1945
12,732,902
'
4,556,059
"
'*•;' • 1&46-?12
32,925,222,
//-
1946 V
4U.'B.Hloveriimeht excess: prof its tai refund bands,". $766,589; accounts
^and'notes receivable? (alterireSetwe 4tor doubtful accounts of
$356j583)t
"
•
to '.'vote.—V.' 164,
Light Co. (& Subs.)--Earnings—
; : 'period find. June 30—
vz
„
is
company
UNDERWRITERS—The
are
Aug.
■
American-Power
engaged in the manufacture in-the United States
of ••<& widely diversified line of agricultural, electrical and (industrial.)
machinery and equipment: The business of the company is divided
into the tractor division and the general machinery division.
The
.i "
record
'
,
West
at
Cttl*'
Oxnard
i
(Stockholders -of
•
'■p. 677.
•
the company are carried on in its
Allis, Wis.; Springfield, 111.; La Porte, Ind.j
Pittsburgh, Pa.; La Crosse, Wis.; Boston, Mass.; and
located
Norwood,
'
TVIcxico*
-CONSOLIDATED BALANCE SHEET AS >OF JUNE '30,
-ASSETS—Cash] onv hand and 'demand deposits, {$4,876,506;?/U, S.
Government securities, '-at. cost less amortized premiums
(valuation
based on June 30, 1946 market
quotatio'ns/-$27*254,120); $27,232,129;
,
manufacturing operations of
The
r
in
s&Igs
i
.
UlAFILI'TlteS—Accounts and drafts payable, trade, $11,320,914; other
payable, $1,088,575; salaries and wages accrued, $1,154,970;
to
subsidiaries not consolidated,
$308,817; dividends unclaimed,
$105,669 ; dividends payable July 31, 1946 on 7 % cumulative -preferred
stock, $875,000; dividends payable Aug. '30, 1946 on •common stock,
$1,095,835; taxes accrued, not due "(incl. est. U: S. and foreign taxea
«on
income)-, 41'4;030,382; -treatment charges unearned (metals treated
on
toll
basis), $674,146;
total miscellaneous
liabilities, $1,237,977:
metal
stock reserve,
$11,851,962; investment reserve, $8,038,851; re¬
serve
for
extraordinary obsolescence, contingencies, etc., $7,418,655;
accounts
due
Carl
Blyth & Co., Inc.
$2,000,000
Dillon, Read to Co. Inc.
1,000,000
First. Boston Corp.
1,000,000
M.
Rhoades
Loeb,
Net oper.
I
'400,000
'
—
-
.
'
The
Milwaukee Co——
Co,—
Goldman, Sachs & Co._
Harriman Ripley & Co.,
1,000,000
950,000
.11,267,688
9,995
159,298
470,730
508,912
10,177,590
11,426,986
48-, 872;628
41,900,976
2,701,741
6,578,848
16,588,108
18,287,790
402,935
revenues
income
(net).—
Other
Glore,
950,000
950,000
&
Forgan
Smith, Barney & Co.—
Stone
Kidder,
Kuhn,
&
Loeb
Co
income———
Interest
Se¬
to
Amortiz.
800,000
950,000
Corp.-
The Wisconsin Co
202,181
1,615,589
(net)
of
quisition
840,016
4,645,957
30,668,931
22,773,170
—
plant
ac¬
adjustments
:
underwriters
convertible
of the preferred
unsubscribed shares of
from the company, are
STOCK UNDERWRITERS—The names
PREFERRED
stock
the
and
stock
preferred
of the
percentage
purchased
be
to
Co.
Co
Fennfer '& Beane
Boston
Corp.-
F.'S.
First of Michigan
Corp.-
to
.375
Webber,
W.
Son-
Putnam
&.So,
Stein
Barney
Bros.
Stone
Webster
to
ities
Boyce—_
H.
Co
&
Walker
Co.——
to
Weld -to
Co
Wisconsin
Witter
Dean
Chicago,
ACF
has
sales
1912.—V.
to
returns
Cost
of
less
i'."V, ;i.--.J
allowance's
to
of .plants,
•chinery
&
*4.
■■
xr '
*i-
:
equipment
261,271
Amortization
of»patents
adm. & gen. exps.
;
i4'
I
1 (
618,108
dividend
income
.:(net)_c_
i.
-14,177
12,338
2,735,234
there
-$5,651,775
14,301,882
18,743,129
542,-129
459,745
396,309
applicable to
would
be
income
♦Prov.
ture
tax
for
foreign
v;
270;666
STATEMENT
$704,585
112,560
"
dividends-
OF
(■•And'Other
$1,511,513
$1,601,314
137,118
989,512 '
871,487
vision
for
?
•
$0.57
renegotiation
refunds
of
and
other
••"
INCOME
,,
>"
$1.48
■:/
'
$14,165,802
with
the/calling tor
redemption
—V.
$7,502,651')
other
SHEET.
JUNE
1
As
of
partially from
Jtihe 30, there
V.' 164,
See also
the sale
of
were- 90;385
portfolio
investments,
V
:
$5
.earned
preferred
$525;
total,
value
of
three
the
capital
shares
new
on
to
authorized
be
issued
in
'164)
,
550.
p.
shares
of
this
1077.
p.
'■
stock
P.
Dinkins
M.
has been made
President
and
a'
outstanding.
Francis
,H. Brownell,
Chairman,'^and
W.
Roger
Straus,
'Ail
and
Mexican
the
which
zinc
lasted-from
On
ruary.
25
strikes
V
;
Jefferson
Chemical
Co., Inc., which %as organized in November, 1944, by Aiper-T
lean
Cyanamid Co. and The Texas Co. to produce chemicals from
petroleum-and- petroleum ga,ses. Its first plant, 'now Under construction
at Port Neches, Texas,
will produce intermediate "chemicals used in
the synthetic rubber, plastics, textile and other industries. -
Jan.
since
bv
for
about
of
amounts
"back
pay'.'
the
on
The
tracts
New
in
previously
Expert Lines, Inc.—Ruling
York
Stock
common
Exchange
stock-on
directed
that,
Aug.
subject
has
directed
on
that
Rights—
Exchange
common
Frozen
Food
Lockers,
N. Y.—Files With SEC—
The
company
on
Aug.
22
filed
:
a
v
Inc.,
notification
with
American Home
—Stock
Products
Split-Up Planned—
■.•
,
^ |
the
stock
offering
before
expenses
were
$10,007,018.
..
After
to the
actual
exemplifies
the, value
of
its
widespread
V:. v < V,/
■
■
■
,
to
444,059
the
declared
entitled
Feb¬
cash
Co., Inc.—Bonds
Offered—D. H.
are
6L%
first
mortgage
to
continue
company.
that
bond¬
hold
in
bonds
mulitplesnaf
$500
bonds-for cash at .the price
•';
as
York
is
Stock'Exchange as soon
practicable.
after the Completion
accepting the purchase offer shall forward 'their c&sh
to Chase National Bank, New York; subscription agent.
DECLARfeD
OFFER
operative
effective
On
OPERATIVE—The
Aug.
July-18,
-
15, 1946 at
1946.'""Depositing
a
offer
extension
meeting of
bdndholdei-s
the
are
exchange their certificates of deposit for the securities and
which they are-entitled.
The Chase National 'Bank, New York,
to
As
the
"order
bonds under the extension offer,
6%
will
forward
to
depositing
bondholders
mittal Jto 'be -executed -qnd" iethrned "tyRh
r
bonds, of
BONDHOLDERS—In
to
depositary,
of
letters
of
•
trans¬
certificates of;deposits.
,
Aug.
14, 1946, an aggregate of $1,438,000 6% -bonds had been
The depositing bondholders'are entitled to receive'an aggre¬
$1,294,200 of extended 5%. bonds; 28,760 shares ($5 par)
stock; detachable warrants entitling the/holders thereof^ to
deposited.
gate
; ;
; ?
of
common
purchase
amount
oper¬
,of
1945
^
516,844
•V
28,760
of
shares
of
$1,000 .deposited
bond,
deposited -with warrant bond,
Undeposited 6%- "bonds will be
('With prepayment privilege)
will niav
afso
fviu
ment
^
stock,"
such
and
$50,760,*> being ^the equivalent vf
$25 ,.pey each
1946
**
1,006,163
a
400,028'
intends to make application for the listing mf the 5%
-directors
of
$1,000
1946
3,438,232
803,122
of the face amount of the 6%
bonds deposited
privilege of. subscription will expire at 3 p.m. EST,
5% l)onds, so subscribed for -will be issued in denqm.
New
EXTEN3ION
was
;
Z***
3,410,068
v
10%
offering
subscriptions
s;
r-.
■
870,203
of Irregular units of "$450 and $900) the-company
each of such bondholders (not to exceed $143,800 maxi¬
Such
on
board'
These /
expense.-
3;616,870
privilege of subscribing for 5%
up
Bondholders
strike
prolonged
a
73.890
'
desire,
so
company
Of -this
and.'on Feb¬
sUch
shutdown
be
uc
made
umuc
at
ui
and
cash in the aggregate
the redemption premiUni
$20
additional
each
:per
r;:';:-
v
.
\
.
paid off and redeemed on Opt. 1,
at 102% and interest and prepay-
that- time
umt
uiuc
of
ui
warrant
wttiittiit
interest
uitcicai
luuuuu
coupon
anu.
No. o
8
working:Capital and deposited on July 18, 1946 with Kidder, Peabody
<fe Co., -redemption
agent, 17 Wall St,-, New York 5, N. Y.
•; ' . -.
652,645
investments—^-.^—,:
on
:
121520
APPLICATION OF PROCEEDS—The net proceeds to be received "by
the,company from the sale for cash of $505,800 5% bonds-are esti>«tt.'$470,510. Such net proceeds-will be-used to reimburse Ihe
company's1 treasury for the $645,890 deposited by it to redeem the 6%
bonas- «ncl to P»y the premiums to° the depositing bondholders.—V.
164; n 677364 p. 677.
.
,
■
., i-v
582.1)31 '
109,062
'
c',' h\Ated
income
$7 201 901 $15 884 354
.
v
and
general
expenses—1,-1,470,916
Exps. for research, mine examinations, new business
investigations,
Depreciation
Amortization
of
433 334
396,658
——L_—S-l.
emergency 'facilities,"—
J
S. -and
1,367,508
Net
•Of
metals,
taxes
income
116,627
share,
1,477,989
<
4,230,187
$6,466,747
$0.05
from sales
of
others,
corporate
income, etc.
and from treat¬
deducting administrative and gen¬
depreciation, amortization, depletion,
*
4
'"
;
*
Split-Up and
Wl.
The
plan creates a new class of preferred stock consisting of
40,000 shares-of $50 par,-and a new class of 450,000 shares of common
The
before
taxes,
*
The
stockholders of The Apex Electrical Manufacturing Co., at a
special meeting held Aug. 26, -approved a plan for company refinanc¬
ing, according to an announcement by C. G. Frantz, President.
will
by-products and manufactured products,
metals
ml,.
j at-$1 par.
$2.15
manufacturing plants,
—
and
t
$3,345,766 $10,696,934
$1,867,778
' ''
Apex Electr!ca;l. Manufacturing Co.
Financing Program Approved
rr)-,n
:
expenses,
on
(est.)—A—
•
mines, smelting, refining
ment H)f
eral
on
income
Earned per -common
of
and foreign taxes on inc.
-foreign-taxes
t
1,657,844
84,211
U.
'
173J55'
32,797
1,871,553
■
......
.
1,438,851
1
<
r
Corporate taxes, Incl. state inc. to franch. taxes
Income before U; S.
The corporation
has received subscriptions for 113,423 shares of
capital stock, equivalent to#7-%-of the 116,926 shares offered to stock-'
at $85 per share through subscription warrants which
expired5
Aug. 16.
The 3,503 shares remaining unsubscribed have been
sold:
privately at a net price of $104.50 per share. The net proceeds of.
•
holders
Profit
f
Corp.^—Offering Completed
,
last'of
in the: United States.
months.
.Interest, ^ivs. from companies other than sub
sidiaries, .and. miscell.. income, less miscell,
'"charges
-the1
for 5,000 shares of 6% convertible
preferred stock ($10 par) and
70,000 shares ($1 par) common. The offering price is $10 a share for
preferred and $2 a share for common.
Proceeds will be used to pay
off notes and loans,
and for working capital and inventories.
The '
Issue is not underwritten.—V, 159, p. 1965.
■
'four
Ended. Jqne 3£h--:;'
Administrative
BEC
■
other plants
(Including subs, consolidated)
Total
Plains,
i
of
approximately the
two Utah smelters struck,
a
72,030
369,665
deposited thcii
20, 1046,
and $100.
,
bonds
mijnes
zinc
58,886
■i 79,508
DEPOSITING
$50
The
COMPARATIVE INCOME STATEMENT
.'
'6'Mnnths
con-*
.
letter
small
154,846
3,451',697
?;
•*
have
to
them.
of
Rresident; '
closed by
-
$512,908
1142,678
y,
(instead
the
100%,
Sept.
-
164, p. 1078. <
White
two
were
until
added
stock,
:,
23, 1946, Shall be ex-rights. It !had
to
the offering'being made, said
stock be not quoted ex-rights until further .notice.—See V.
American
:
of
Rosita,
ations, both geographically and in kind.
■
American
3.6
at
1943
-
$511,390
'119,363
'
/
outstanding
TO
they
of
The fact that the company, under such adverse conditions, was able u
-to 'earn its preferred dividend for the six months' period, with a little
associated -With the American Cyanamid organ¬
164, p. 550.
1923.—V.
21, J 946, the
continued
exception
J044
.
$521,946
$1,600)000 bends, $1,294,200* (together with 28,760. shares of
are being issued in exchange for $1,438,009
by
i '.;
shutdown, normal -operation necessarily could mot- be • again^immUdiately resumed. Both in Mexico and in the United States substantial
v
ization
the
coal' mine
January»1
followed
were
*
Mr. Dinkins has been
with
plants,
sftielter* dftd
-
677.-
who
if
mum*
'
'
'1-945
.
and 28,760 warrants)
is offering
state: /a"■■
ruary
vi";
director-of
1-—'
W< Products
$1,000
or
;
•
v
:
■
..:
•.
;
■ • '
lamentable "showing of earnings for the six months' period is
due to tH wwwt-aniJ -most long-continued strikes in the
company's '
entire history of 4v years.
:
V
'
the
may,
V:/;'//v;:.
^
a 946
.
Co., New York,
OFFER
*
)The
-i, :next; of
American Cyanamid Co.—New Pres. of Unit— '
P.
to
...
»
$59,971
"
of .previously
'
.■
'■ •'v.'i.- '•* 'f V: '
...•■•• A!
f
American Smelting & Refining Co.—Semi-Annual Re-,
port—
162,)
^
;
p.
&
Of
the certificate of incorporation was-filed-on-Aug.'26.
number of
shares
was
increased from 600,000^ to
164,
77,023
$294,815
offering $505,800 first/inortgage and collateral trust 20-year 5% sinking fund bonds,
due April lf 1966, at. 100 and interest./ The issue.is part
of an authorized issue of $1,800,000.
'
*
•
\
change the par
per share
to $5 per share, '
exchange for each $18.50 share held. •
proposal
a
$93,447
:
\
Aug. 22 approved
stock from $18.50
$136,995
.
:
1
-^V. >164,
Value
;
J
*
oper.'income-.'—•"
holders
stockholders
Cr71,920
$294,615
Shlr-i
.0
.
Xroir.
Net'ry.
>>>:;
Razor €orp.—Change, in Par
556,951
196~425
$93,447
Gross from railway^
from railway—
;
capital'surplus, ;
•-
35,000
<:
3279.
p.
From Jan.
.
stock,
$266,248,505.—V.
;
:..///
115,000
195,000
taxes
:
—
$515,374
railway——
railway.——_
153,052
ry..cper. income—1 V.A.
12,305 ;/.
Net
liquidation account—•
$373,555;
liabilities,
surplus,- $48,543,357;
t
130,000
from
v
special
$79,300,926;
163,
Jiily—Net
interest
preferred "stock,
j. '"$(
'
profit
Gross
and
Split-Up Approved^—
The
Loan, Etc.
securities.
vr:%''
9,000
112,500
for
*
outstanding shares of $3 cumulative convertible class A stock, k
optional dividend series, at $55 per ^hare and dividends, it is-annbunced ;
that funds for this redemption were obtained partially from a bank
and
Metaline
'
adv«noes>;«(subsidiaries), $254,$4,640,000: cash in banks—on /demand,
//
The
all
loan
to
v.«"
$^,530,622
"
$717,82(5
i
285,182
30,1946
Crl07
$571,040;
Ann Arbor; RR.-r Earnings-
2,247 194
217,791
■
533,069
$196,947
*$196)947 :
439,652
1,016.-398
1—:
140,293
Crl,583
*
'
^V$l2,738i;299
1,800,000.—V.
:v"f-
Oct.
on
advances
on
A o£i n "J oc?
486,938' '•*»^' •''' '-;''•• •"..'
Net prdfit
327,791,
$1,249,988
13^AJjostment prior-years—
$7.01
oon nm
L__
An amendment to
pro¬
.
American Cities Power & Light Corp.—Bank
connection
209,^51
S, $709,750
2,656
-J—
lJ
—
:V
1945
.
In
$1,040,838
86,810 f.
ak
contingenciesincome to excess profits
stock
$2.12
•
lincludes
loss
'Fed.
Only)T
(Company
deduo.tiqns—--c-^^i-;-i—j_>
—
American Safety
and
300)000
contracts—V.
war
v-;. ;:v
p. 2009.
$622,940
r
139,826
——
Mining to Leasing Co. (Cry
common
stock
A.
(3,008,511 shares, no par),
$37,434,351; '
accounts.payable, $26,309; accrued interest• on long-term debt (cash :: Ellis
special
deposits), $1,003;
preferred
dividends
declared,
payable :
i-
$2,233,493
137;091
' 989(506
989,509
■
adjustments due to wartime operations,
estimated
$7,329,358 $22,114,047
; 6,706,418
21,074,810
$339,429
Deprec.,- deplet. and amortization
r- » ;
i'l
137,106 .'
$1.39*.
,
12 Mos. J46
Cancellation of portion of provision
V far
earned
extraordinary
«
Earns, per com, share
v
.
3 Mos.'45
$297,052
etc., expenses
net
Gross income
periods whether
consolidated
effect
1.946
subisidiary,—$274,658; other -current
15,810,360 ^ 7,066,709
'■
t. -r-*
)
pfd. div.
to
net
——^
LIABILITIES—'$6
:
-a: ..:i
.
-J
income—
conv.
r
;
fu-
possible
the
-
$36 026;-
$9,600,202
$7,411,675
,.r.
14,680,006
489,608
—— •
net
cum.
Common
$6,111,519
;
inventory, losses-
Consol.
5%
to
respective
carried
be
excluded
July 1, 1946, $2,413,397;" accrued taxes,
v
—
$1,194,193
for Fed.
-Earn'.
,,
42,377
expense,
^'v
$97,844,400;
2,106)637 *
v,;
Total
Prov.
.•
$6,932,706
sales.
on
selling,
13,541,882
cash
deposits, $1,528;
accounts
receivable, ($24;
receivable, $108,433; dividend receivable from >sUbsidiariesr-$1,458,123; other-current assets, $849; total, 1 $266,248,505.
$9,329,536 f
$7,015,365
.
•••
3 Mos. *46
—
——
Interest
23,457,129
tWhich
-
should
subsidiaries
$5;148,524;
.''|
15)112
:
•
2,481,699"
$652,064
"
,
_
'
2,654,086
ASSETS—Investment -securities
^,
•
<
income
sf-?:"'!Net
Interest
6. '821.
Other
for the corresponding week
* "
,
•
r (r '
•ebld—-^-—6,635,654
Admin.,
2,654,086
requirements
unearned.
if
accrued
5$8i249 'i
.
'
:«
kwh.
v
■
if'?
5,306,510
BALANCE
1943
•-
.**»"'
591,148
.
10,953 ;
,
of <this conipany. for the
kwh., an increase ;of
86,585,000
'Vi,
'
Gross ' profit'
Other
in
2,560,987
Profit
285,183
5)308,510
or
891,025;
v..
Sell.,
{
Inc.—Output—
Zinc, Lead & Smelting Co. ,(&'Subs.)
(./.*•*.':*..**•
.
: v
Ui
J
^
t
26,285,443 : 27,381,064 ^ 26,516^33
13,889,449
ma-
217,791
|fet income
$17,374,725 $35,275,938 $37,510,396 $38,556,367
sales———
Deprec.
66,389
"439,652
,
Total
—$14,493,593
Expenses, including taxes other than income
521,104
{i,
;
■
:f
V
1944
1945
■
totaled
164, p. 1078. j-.
Cost of goods
2,247,194
consol.
surplus
Income taxes
|
',1
(
and Canadian Subsidiaries)
1946
.
1,016,399
———
If
an Assistant Vice-Presidenj; of
make his headquarters at the ACF
Onderdonk has been -associated with
discts '
electric iproperties
—
1
;
sales
the
output of (80,076,000
Period Ended June 30—
17,273,011
T" 521,105
172899
Other
1.000
Co
American Chain & Cable Co., Inc.—Earnings—
Gross
25,212,424
36,550
557,870
■"
6 Mos. End. June 30—
3,364,815
r
to
offioe. rMr;
164, .p. 550.
(Including Domestic
"
:
98,866
carried to
From
appointed
He will "continue
111.,
since
been
-382,-741
4.080
—
«.
Onderdonk
of
Aug.^■■/24,."11946
J 945.—V.
C
16,891,-170
327,792
Income:
American Car & Foundry Co.—Official Promoted—
L.
24,884,632
133,264
:
deduct's-
COMPARATIVE
-.625
3.500
-1077.
company.
34,800
12 Months Ended June 30—
3.580
Co._
J.
of
Provision
.750
Corp.—
Securities
Kebbon, McCormick to Co.
The
>
the
over
American
.750
Tucker, Anthony & Co.—
G.
stock (2,191,669
total, $195,766,3»3.
$36,701,884;
..
Power 'output
'A:
16,8^1,170
non-recurring tax reductions and related special charges,
.750
the
28r025
3,231,551
5,545,375
taxes—
"'Full
a—3;500
Trask
Spencer
•Union
surplus,
liability, $911,other, $1,577,879;
common
677.
p.
week :ended
24,884,632
"
surplus,
1.000
&
.)
,
.
\-
::';
income
5,580,175
earned
'
Secur-
Corp.
Co.—
p.
';.*• -v
:
.375
White,
Peabodv
3,231,551
5,545,375
tBalance
4.080
Co
&
&
"Whiting, Weeks & Stubbs
Kidder,
fji
.375
Co.—,—
to
,375
.625
—V. 164,
101,5.70
164,
7.51%.
above)
etc.,
earned
.375
Illinois
-;
r
.625
"""""
Schwabacher
.375
Johnston, Lemon to Co.— :
(as_
Bal.
.750
Company—
The
2,986
> 32,960
income
j
Interest,
.{ .375
.—
Co.———__—
&
employer's
$353,263;
$50,000,000;
American Water Works & Electric €o„
a
«Vf
subs.^-^.
$1,904,000;
investigations,
par),
5,853,975
) "
Expenses
,750
„
H. Rollins & Sons Inc.
E.
1.500
&
5,596,875
to
of
Amer.
Lt. Co. -in
&
Income
.750
Hutton
E.
1,411,420
($100
$43,620,430;
par),
no
business
now
stock
1.500
Co.——
W.
1,411,148
—V.
22,773,170
pub.
Total,
V
Jackson
Pressprich to Cq._
Smith,
Weeks-—
Hilliard -to
B.
J.
Hornblower
30.583,077
facilities,
emergency
preferred
Net sales
4.125
Riter
4.000
1.500
.375
.750
Hemphill, Noyes & Co.—
J.
R.
4.000
.750
1.000
Harriman Ripley to Co.,
.'-•Inc. ■— v—
Harris, Hall & Co. Inc.Hayden, Miller & Co—
subs.
"Other
1.500
of
Curtis
&
Forgan & Co—4.000
Goldman, Sachs to Co.—
Graham, Parsons & Co.
Hallgarten & Co.—;
4.645,957
.375
California
Co.
Paine,
.375
Glore,
equity
income-of
2.125
Stanley & Co.—
Pacific
4.125
First
The
—
of
mine end
7%
Avier. Pwr. to Lt. Co.—
1.500
—_
Moseley to Co.—.
Morgan
.375
Farwell, Chapman & Co._
:
'
1.000
Co
to
Nef''equity-., in
Mitchum, Tuliy & Co.i"—
.375
,375
Co
&
*85,854
;
.375
-.635
Melrill'Lynch, Pierce,
Emanuel Deetjen to Co.—
Estabrook &
Net
1.750
.—
The Milwaukee Co.
j? 1.500
divs.
applicable
Pwr.
—.-
Co.-..
1.000
4.125
Republic Co. Inc.
Clark, Dodge to Co._
Elworthy
83,431
minority interests
; ; /
4.000
Laurence M. Marks & Co.
Loewi &
<625.
1.000
•
.
Portion
Loeb, Rhoades &
.625
'
Dillon, Read & Co. Inc.&
062;
-
1,500
v
Carl M.
;
———.
Drexel
Corp
Brothers-———
Byllesby to Co.,
ine
Higginson
Lee
Lehman
.625
Brown to Sons
H.
Co.—
Langley & Co
C.
l.OOO
v
William Blair & Co—.—
Alex.
W.
.625
.375
G. Becker & Co. Inc.-
Central
resei*ve
6.989,483
*Preferred
.4.125
1.000
Kuhn, Loeb &
10.000%
A. C. Allyn & Co. Inc.—
Baker, Weeks to Harden-
M.
from
or
•
tization
shares,
Percentage
Percentage
A.
-to
franchise
Balance
Blyth & Co., Inc
v
Transfer
follows:
as
for
postwar contingencies,
$1,406,122;. reserves for deferred
of reduction in Federal taxes resulting from accelerated amor¬
reserve
portion
'950,000
Lehman Brothers
41,392,064
public, etc.,
deductions
800,000
Corp.
Union Securities
800,000
1,000,000
Co.
Peabody &
Webster
to
curities
950,000
Inc.
,Gross
48,401,898
'
500,000
Morgan Stanley to Co._
10,167,595
7,072,914
Co.
to
The
'
approved plan will split the common stock four for one, which
in 340,000 shares issued
and
outstanding, with 110,Q00
result
shares
to
be
offered
for
sale.
The
.
refinancing'program
will
have
the - primary -effect
of converting. a
substantial proportion of-"the
company's "debt capital" into "equity capital."
,'/#.•
The proceeds of the sale of the 40,000 shares of new preferred and
yolume J64
110,000 shares of
balance of
will
be
stock
used
and
of
to
164, p.
vvv-'---; •
and
the
the
■■ 'K
-■
of
..;c'
;
'
■
J
The company
for
25,000
will
be
shares
used
-["i
Aug.. 23 filed
on
■j;: The
>
,
added
stockholders
Co.,
'
,
Far
company
California Water Service
em¬
■
'
.
Rockaway, N.
Y.
filed
23
Operating
Operating
Gros£ profit
Non-operating income
SEC
vVv/-V
V
V
', •;
v;
...■
V'•
k
Balance
Net
V;.-.-
•::
.
facil-
At
meeting
a
held
.[quarterly dividend
Aug.
on
of 35
the
28.
cents
directors
share
a
the
on
the
declared
common
Dr236,210 Dr2,391,331 Dr3,414,074
Dr202,536
j holders
*$649,138
$5,487,661
$94,746 *$1,588,414
-
and
1
;■
j
"Deficit.
Gross
''
•
-
revised for comparative purposes
the Atlanta Birmingham & Coast
Beaumont Sour Lake & Western Ry. -Earnings-
RR.—V.
'j/;
-
164,
678,
p.
of
•
":/[
Atlantic Gulf & West Indies Steamship Lines (& Sub.)
Earnings—
revenues—
(incl. dep.)
1,906,964
Net oper. revenue
Taxes (other than taxes
$316,167
Oper.
r
exps.
$908,228
$1,351,077
I
If
Net
<
184,410
$739,702
$964,287
33,362
$1,222,003
125,216
income...—...
expense
$332,496
22,262
—
43,516
7,
$1,347,224
68,843
$706,339
$918,771
$1,278,381
I
332,568
18,472
1,791,740
20,943
j
$642,802
95,935
$724,812
$2,710,511
$1,299,325
305,995
321,304
itself
Gross
profit.—.—--
Prov. for income taxes.
this
loan.
will
be
repayable
Your
directors
If
and
when
it
declared
in
of
dividend
a
I outstanding common stock of the company,
'
stockholders of
record
Aug.
1946.
1,
$.20 pet
share
payable Aug.
check
Your
for
25,924
12,527
contingencies
;
Balance,
$406,289
$546,866
surplus.—
$732,074
$2,389,207
Sales,
less
of
Cost
returns,
sales,
allowances
exclusive
of
15,
1946,
is enclosed
Atlantic Refining Co.—New Treasurer—
:
Norman
been
company
V.
S.
elected
the
take
to
for
McCausland,
to
board
of
place
the
of
Depreciation
years: Assistant
17
directors
and
named
Shuman,
Paul
Treasurer,
who
died
recently.—
"A" stock may exchange their stock
Of 28,109 shares, all but 923 shares
6,576,259
44,226
acquired
the
Weaver-Wall
land and
the
felt mill at Avery,
possible
order.
'
prof, taxes..
20
j - '"Net
profit
i Dividends
[Earned
7,377
common
.
163,880
$1.06
COMPARATIVE
Operating
Baltimore & Ohio RR.7-7
*
■7-'"r
i/;
-Month—1945
1946
$
v.V - 7'
7'-.i
"
;
- .
7
less
1,191,116
reserve--....
i.—1.1,768,276
Total
Mos.—1945
'
77$ -v"
fixed
assets, less reserve
charges.-
-
77
_
10,996,749
61,834,305
I'
11,306,907
30,178,276
3,750,821
....
7/ ■..7.7 7 77
,
it.
Net rev.
ry.
8,086,600
3,615,665
457,765
-4,725,439
oper.
1,621,123
*Ry. tax accruals——
Bquip. rents (net) ****** eltm..'
Voint facil; tents (net)WijVv'
\
Net ry. oper. income.
■Other income.—
283,449
1,502,267
1,059,521
176,914
169,606
2,643,953
3,843,564
[2,871,846
26,801,907
376,629
2,992,583
2,910,019
tm
.
385,008
.
1,103,301
—7,
—
LIABILITIES—
~
7
withheld
under
payroll
1
66,2415844
allotment
income.—.—..
3,028,961
deductions—.
362,656
Total
JFxd.
other
chgs.
int.
on
Pxd. int.
192,448
^ 120,643
funded debt
1,346,959
1,312,743
Oonting. int.
*
.
I Reserve
v
Federal
7
77
840,488
760,685
-8,394,504
•
Treasury
9,127,799
(465,032
801,071
5,344,027
1.
stock
(55,332
1—T
[16,304
8,494
•7.7
7,038
2,733,471
...
Bal.
]'
,
13,649,182
acct. Railroad
Railroad
Retirement
Uncmploy.
Act—
$3,522,863
Ins. Act—3,017,916
% Federal Income taxes
$3,200,259
2,954,080
7N 12,071
$24,767,019
...
(—V. 163,
p. 2990. 7
7
)
$6,505,967
$1,272,905
$1,353,468
25,078
12,712
$1,297,984
$1,366,180
240,000
468,000
224,300
427,700c
taxes——...
taxes
j
/
$505,901
deductions—.,
etc,,
Gross
w
_
from
from
3
for
shs. of
797,600
full
6
$630,284
railway..—
railway—7
245,009
$653,172
98.242
stock
com.
•
77,188
575,984
7196,837
stock..
com.
$0.24
,
.846,876
1,807,201
,}Net
1,033.303
10.764,961
2,075,233
{ Net ry.Toper, -income.
Prom Jan, 1—•
oper.
ry.
77":
7
1943 V77
properties
owned
owned
BALANCE
SHEET, JUNE 30,
1946
deposits
cash
U.
7
Accounts
943,560
S.
income—
1,211,364
7-W7l64,7p. 551.. 7
securities, at cost
receivable—Customers
Reserve
1,434,552
719,896
j Unbilled
112,046
9,710
2,153,457
11,973
231,562
304,444
-
.'Vi
951,031
592,695
7:'r-
for uncollectible accounts
Cr73,591
72,648
'329,696
...
15,943
.!Cr46,950
(Cr46,950
—
28,246
4,291
,—-
722,509
revenues
1 Materials
! Prepaid
and
supplies,
at average cost
deferred charges
and
accounts
Pfd. stock call premium
[ .7'
99,288
943,531
•
—
Government
„
10,251,81 7 1
funds
deposits.—.
Miscellaneous
826,201
11,406,338
2,554,292
2,438,695
—
and
...
Special
;
;
"
Company Consolid't'd
$10,087,498 $21,230,846
:
183,500
636,730
5.040,748
3,166,937
;
Cash'" —'
$2,144,350
.
742,655
r.
of
17
LIBALITIES—
amortization
187,346
'3 Bangor & Aroostook RR.
;
Period End. July 31—
Earnings-
5
1946—Month—1945
1946—7 Mos.—1945
B&ilway
oper.
revenues
$612,920
$626,318
$6,660,756
Bailway
oper.
expenses
714,144
537,142
.5,478,055
Net
rev.
Bailway
from
*$101,224
ry. ops.
tax -[accruals.
oper. inc
income
(net)
Net
•Other
railway
op.
Income
Income '
Net
charges
income
.
$1,182,701
—...
....
—
inc.
595,785
1,716,453
$15,200
$586,916
expenses
<.5,354,131
(7 7.'r
;
Net oper. revenues
Taxes
$48,032
363
56,180
$577,391
■V. 10,169
1,746
470,986
230,498
24,376
;
1
Net ry.
44,760
p.
u
$587"56:6'
$49,778
>
*$105,999
551.
45,652
310,004
'
oper.
Co.,
'
■
no-,
866,104
7
214,847
1,806,197
155,216
22,369
2,023,374
159,084
Earned
7
$506,384
$877,522
7
118,497
$945,590
127,042
$1,004,564
$1,712,171
323,082
343,352
2,278,567
$4,715,823
766,581
$624,881
————
"
sec—
j
<
With
I
1946 $404,124
124,758
from
Net (from
railway
railway—
Oper.
income
'
for
debt
amort,
7
Net
from
Net
ry.
railway—;
—V.
income
164, p. 678. ■■77
Other
'
'7'
cost
of
tangible
3,000,000
6,310,906
utility
■
aid of construction.—
—_—
9,157,000
3,000,000
2,686,948
•A
—.—
1
reserves
| Deferred liabilities
135,'754
88,023
.
■
.
.
:
\
1943
$292,701
25,606
V
-
-
-
$203,780
* 30,528
'
!
-
..
•
debs,
due
within
one
133,456
249,941
159,000
118,000
45,000
65,000
*210,521
595,145
year
——
42,540
—
in
advance
—.—
66,580
691,312
interest
billed
Sendee
*
244,809
| Accrued 'taxes
1,340,733
69,748
.
72
'
:
7,034
Accrued
and
77,326
2,970
13,613
—
—_——
payable
260,000
-",-260,000
Other
current
liabilities-
87,402
—
128,386
.Deferred credits
-
98,878
276,410
■
1,945,375
1 050,817
177,934
oper.
1944
•
85,708
2,008,625
Gross from railway—
the
..plant in excess of original cost.__.
54,022
4,169,000
;
of
2,000,000
—
"'''''-U.————•
——
j
! Accounts
$314,727
-52,128
From January 1—
1
a
1945
-
t
SEC
price, $100
The Commercial and Financial Chronicle
,$3,060,584
951,090
1,003,268
3,250,000
3,250,000
Preferred stocks of subs, held by public
Temporary bank loans due Dec. 16,: 1946—_____
Depreciation reserve
•
141,710
;
951,090
■
Sinking fund deposits due within, year
July—
;
j"'.'
the
*$566,396
Burlington-Rock Island RR.—Earnings—
Net ry.
'
,
678.
*Deficit.—V. 164, p.
Gross
$438,251
',':
The company on Aug. 20 filed a letter of notification with
lov 1,500 shares of 5Va%
($100 par) preferred.' Offering
.U.$661,212
y-
778,043
———
surplus
i Serial notes
'^.320,386
Ind.—Files
$301,799
,—
*\$7§7,60O
126,710
L
(Minority int. in com.tstoCk & surpl,-of-subs.—
2,405,886
-
$797,600
:±:
'
|
750,647
"
$5,466,470
•
i
LaRorte,
income
>7-7:
capital stock
on
Contributions in
Net
'
(par $1)
j4.75% cumulative preferred.;(par $504—
Res.
f
-aj:
h.$758,637
• r'
•;
Inc.,
income-
".Gross income
jl Rentals, int., etc.—
;,.oO 20,053
$272,556
$4,126
V:;::7.77
.'
r
Bastian-Morley
Premium
Long-term
•;'{.
■
———
i>6,193,401 $11,797,545
3,286,398
4,899,264
$738,584
h'i'tA
*$61,239
V
$1,980,842
$1,232,744
j.—
U;
stock
Common
i Paid-in surplus
r—
Equip, rents (Dr),_—__
[Joint facil. rents (Dr)__
*
1946—7 MoS.^1945
$7,242,778 $43,488,644 $49,963,892
r; 5,261,936
37,295,243
38,166,347
$682,404
Dr9,525
for
—
♦Deficit.—V.' 164,
$6,586,875
215,456
$17,604,017 $30,057,812
11946^Month—1945
;
'
32,832
*$61,602
V
RR.—Earnings—
;
revenues
$2,398,857
73,976
40,119 '
(net)—
avail,
4,163,743
v
$89,176
:
*$101,721
fixed charges
JFixed
$6,562,600
(Operating
Operating
[other income
-.Railway
Bent
497
,
Boston & Maine
Period End. July 31—
951.
p.
249,132
201,106
and expense, in process
'
[ Deliveries will begin in the first quarter of 1947.—V. 164,
$0.72
purposes of comparison and reflecting
of dates of acquisition, revenues and
at June 30, 1945.
Company and sub¬
substantially the same properties at June 30, 1945 and
only since date of acquisition certain Nebraska gas
(properties acquired on Feb. 28, 1945.
y'.v7
'
Special
$2,418,632
848.239
•Gil,606
$898,180
irrespective
months,
of
expenses
:
1944
1945
$2,188,482
314,025
$295,079
•Investments, at cost
1946; 7
$2,082,472
1,070,554
328,321
:
210,822
income
Intangibles
J Net from railway—349,452
The company on Aug/-28 placed an order for the ^construction
1,000 box cars, according to an announcement made by Roy B.
"White, President. '77 .777;'.;
7.
;
7,
The tars will be built by the Pressed Steel Car
Co., at its McKees
Bocks, Pa., plant, and will be of 50-ton capacity. > ■ .
7
.
$935,459
$6,241,844
-3:
July—
:f
■6t
228,533
1,266,831
335,870
11946.7 Includes
•
[Gross from [railway!^ «^jS,744,453
>
Orders More Equipment—
232,044
»
profits
2,463,282
Bessemer & Lake Erie RR. —Earnings—
\
Net
[Deficit.
219,811
t
1946
.v.
.
ASSETS-
18,612,680
*^'7$e,552,850
3 Total
excess
sidiaries
.
tax
acct.
236,224
$961,101
230,900
„
.
"Pro forma and included for
Ifor
6,203
1,757,200 *
Dr209,081».
1,341,092
1,341,092
...
;
1,213,198
1,083,800
....
income
on
Earnings per share of.
r
100,000
1,757,200
sharesDr209io81
Capital surplus
1,136,247
231,301
318,856
Preferred stock dividends.......
103.257 f
.
100,000
-J,
$4,704,378
•'
■
earnings
Net
5,607,501
.1,915,213 [16,126,383
563,780
Net
85,929
6,418
i
L_.
shares)
*1945
$4,297,092
25,642
depreciation
income
'Federal
•
plan
current liabilities.
and Subsidiary Companies)
996,813
Operating income
237,059
-
7
for, contingencies..
Capital stock
r I:
Include—
^
| Miscellaneous
i
$332,104
73,245
;
income.—
Tax
566,T59
Earned surplus .7
'763,118 7
Excise
29,711,926
funded
on
-debt
Net
120,637
.668,001
?
debt..
funded
on
[
4,220,193
70,523
than
not always
alphabetical
alphabetical
near
7
'
Misc.
Cleve¬
'
,76,186
for employees war bonds..__.-____J__.__
is
at
781,319
.
163,582
■
[ Accounts receivable—credit balances.™—.....
Amount
it
exact
as
pro¬
recently
$3,483,561
it-
j—„
....
for
Interest,
(other
the
[1945
.
711,936
7..,
$6,505,-967
{Accrued Fed. income and (excess profits taxes..
(Taxes accrued and withheld
expansion
an
———
'operation
Taxes—other than
i;W
,
of
(& Subs.)—Earnings—
48,750 " Mother income .(net).
i
1 Accounts -payable1 (trade)—..-——i...!—..--— ;>• /$480,B09
(Accrued expenses, wages, etc..
169,593
——...i——
;C-v 7 77.
in
always
revenues
Provision
1,416,164
164,158
1
5*':'.
I
:■ :
1,618,076
744,844
606,464
646,517
333,365
■ '7
372,738
391,347
'7"; ■ ..
■-
7
.
1,758,235
..
..
.
$17,604,017 $30,057,812
.Total
-V.
1847 p. 273.
(Continued
on page
1205)
(Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher;
William Dana Seibert, President; William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other
offices: 135 S. La Salle St., Chicago 3, Hi. (Telephone: State 0613); 1 Drapers' Gardens, London. E.G., England, c/o Edwards & SmVth. Copyright 1946 by William B. Dana Company. Reentered
as second-class matter February 25, 1942, at the post office at New York, N. Y., under, the Act of March 3, 1879.
Subscriptions in United States and Possessions, $26.00 per year; in Dominion of
Canada, $27.50 per year; South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia and Africa, $31.00 per yea*
NOTE: On account of the fluctuations In the rates of exchange, remittances for foreign subscriptions and advertisements must be made In New York funds.
—
309,250 '■77 160,125
-
749,918
Total deferred
i.Goodwill
7 71,382
8,750
,
Total.
■
are
purchased
Other
978,714
^
20,557
{Invest., in-and advances id affil.' co..i__
| Total .Dthet(vAssets.^—-.u!_——'-#^i.——... f
#
^1946—7
(trade),
receivable
withdrawn.)
10
possible.
as
Maintenance
$678,770
2,082,421
2,078,749
31,955,830 167,280,253 225,894,743
23,869,230 156,233,504 164,060,438
27,933,900
23,208,461
By. oper.- revenues—!—
Ry. oper. expenses—
1
Earnings—
receivable
accounts
* Inventories
Gas
$215,191
securities.-.—
loans
of
Aug.
reasons
companies
Operation—
June 30,*46 Dec. 31,'45
Govt,
Misc.
Bee Aetna Life Insurance Co., above.—V. 163, p. 647.
;
mechanical
arrange
6 Months Ended June 30—
$0.65
SHEET
hand and in transit...^.—
in banks, on
(Accounts
Automobile Insurance Co.—Mid-Year Report
BALANCE
ASSETS—
t Cash
i U.,;S.
Period End. July 31—
to
(Excl. American Utilities Service Corp.
$267,695
163.880
share.
bank
payment
of
roofing and siding plant
Ohio.—'V. 164, p. 1079.
gffa.
Central Electric & Gas Co.
497,000
$434,069
stock.
common
__
for
15772,072
.
280,000 :
—-—...—'
on
per
used
(Filing
asphalt
However, they
position
$714,D90
be
corporation
109^015
deductions
excess
will
capital.
(The) Celotex Corp.—
$663,057
57,321
v- Total income
l Other charges, and
$5,664,000
•;
728,868
42,845
$656,768
profit
[provision for Fed. inc.:.and
prior
1946, to holders of record Oct.
>
working
952.
■
quarterly dividend of 30c per share on the cumulative
preference stock has been declared payable Nov. 1,
21, 1946.—V. 164, p. 678.'
*, The regular
Proceeds
common.
p.
Acquisition of these manufacturing facilities is part
$8,011,031
income
1945
-
v.- ;,
The corporation has purchased and
plans to put into full operation
the asphalt roofing plant located at
Madison, 111., formerly operated by
the Barber Asphalt Co,
have been exchanged to date.
convertible
1946
$5,598,000
1079.
additional
164,
«V.
directors on Aug.
stock on
Railway—Earnings—
program in which Celotex plans to increase its capacity for
duction of building materials for
home, farm and industry.
In addition to the Madison
plant, the Celotex
790,581
\
28 voted to redeem all the outstanding prior
Nov. 1, 1946, at $115 per share, payable in .cash. Before
679.
p.
earnings
the
■
Nov. 1, 1946 any .holders of prior
under the plan of recapitalization.
*297,005
*684.563
164,
NOTE—For
Other
164, p. 950.
4<A"
1,030',300
*232,044
*626,307
The company on Aug. 23 filed a letter of notification with the SEC
20,000 shares of common stock and 4,000 shares of 5% preferred
Offering, prices $25 a share for the preferred and $5 a share
and
to
5,812,528
expenses
...
Operating
:
the
Austin, Nichols & Co., Inc.—To Retire Prior "A" Stk.
The
1,103,000
*22,665
*455,776
164, p.
for
herewith.
$7,304,104
discounts-
and
1,435,800
*318,327
*733,296
has
of
Treasurer
V.
V.
1945
depreciation.
Selling, general and admin,
1,242,300
stock.
EARNINGS, 6. MONTHS ENDED JUNE 30
2719.
railway.'....
for
the
on
1946
n«-V. 163, p.
*64,795
Files With SEC—
'
Prov.
*90,368
Carley Trailer & Equipment Co., College Park, Ga.—
•
company over the
the amounts borrowed
1949 and maturing in
does,
installments beginning
in
have
*45,743
Canadian Pacific
—V.
541,325
-i———
■
of
"5,377
*106,467
.Week Ended Aug. 21—
'
avail
1943
$177,500
*36,577
cper.
Traffic
indicates that your company
may
need additional
to carry out plans for increasing its volume of business and for
money
$310,233
operi t>roflt-—^
729,578
2,793,156
678.
[expansion of manufacturing facilities.
An arrangement has been coni summated,
therefore, effective Aug. 1, 1946, with New. York panks,
whereby the: banks have agreed to lend up to $2,000,000 to your comIpany. 'It Is hot contemplated that your company will immediately
Other nonrecurring prof,
:(net>
5,741,488
1,051,115
few;.»years
1
'
rjx.',.(
Gross
Interest
$779,877
72,690
7,74t7,103
4,513,257
683,861
Belding Heminway Co.—Semi-Annual Report—
next
$667,011
$241,988 7;
90,507
income
Operating
:
j 64, p.
1944
$150,800
16,632
from
Gross
3,270,609
■
1945
'$229,300
"Deficit.—V.
6,384,368
2,808,937
income
oper.
•
■
1946
.
President, states:
A study of the possible capital requirements of the
[
Other income-.——
ry.
:'
208,502
$306,567
railway
income...
irom
Net
J. P. T. Armstrong,
129,069;
i'jit
.
Not
114,058
1,175,787
<
128,350
403,572
86,209
5,613,956
ry.
j —V.
2,844,087
-67,783
$833,723
402,625
43,022
I Net
...
3,436,746
$734,795.
7
74,178
income)
on
1,587,355
$814,855
246,080
from,1 railway....
f Net from railway
$4,195,165
$4,344,974
$2,322,150
2,223,131
Operating
$628,379
1>.
169,119
...■——
—
*47,881
ry. oper. income—_
•From Jan. 1—
1943
"-'v.. ;' •'
*
—
$172,600
railway—..
Net
1944
278.354
-f Gross
■
1946—6 Mos.—1915
1946—3 Mos.—1945
Period End. June 30—
c :
From January i—
I
•'
..
,
1945
■
510,311
$515,069
$438,651
railway
179,757
lNet frcm railway———
[Net ry. Cper. income—_
..
.
preierred stock——
cn
from
1946
$668,178
j
July—
J Gross from railway
$1,025,380
946,503
from
•
•
been
14,467
$1,554,273
Canadian National Lines in New England—Earnings—
Net
NOTE—Figures for 1943 have
to include results of operation
$1,010,912
$607,771
July—
1" .V
$1,529,238
.
_
25,036
—V. 104, p. 823.
the
of record Sept. "12, 1946.—V. 164, p. 415.
f
_
v
regular
stock
_
income
Dividends
dividend of 84% cents a share on the new
3% Vo. convertible preferred stock, both payable Oct. 1, 1346 to stock-
f
2,780,240
"f Balance
[lirst regular quarterly
/
.
deductions
before
Beatrice Foods Co.—Initial Preferred Dividend—
j
t
$3,791,152
2,589,926
;
Deductions
-
.
and taxes
expenses
1943
1946 '
$4,119,164
;
revenues
Files
—
notification with the
letter of
a
INCOME
12 Months Ended July 31—
•,[•'.
;
Co.—Earnings—
STATEMENT OF
'
;
Aug.
on
and
of outstanding 1% no
working capital. Issue
to
---
income.
oper.
Industries
!i
-
ry.
present
redemption
be
to
5-year non-negotiable notes.
Proceeds will be used to
finance incorporation* to
cover
cost
of office expense
and to cover
co:t of manufacture, advertising and distribution of an
optical detector.
!
'
Net
to
for
[No underwriter -named.
1946—Month—1945 ' -- 1946—7 Mos.—-1945
$9,404,330 $10,786,094 $74,878,056 $93,510,248
6547783!
68,775,139
9,607,581
Operating expenses.:
9,250,932
Taxes
19,130,622
847,557
__L~GOO,000
5,300,000
Equip, and joint
ity rents
offered
1199
fCr» $10,CCO
.
.•
''
Period End. July 31—
Operating revenues..™
be
underwritten.
Reach
.<
V
■'
■:
to
With SEC— ;;;:r
-
Issue not underwritten.'
••1
Atlantic Coast Line RR.—Earnings—
is
o
letter of notification with the SEC
"10c).' Price, $5 a share.
Proceeds
for.working capital.
'
not
a
(par
common
stock
Proceeds will be used
^with the balance
par. preferred
v.-■■
■
Apollo Records, Inc., New York—Files With SEC—
: -
The
ployees.
■
facilities and equipment.—
.TV'v '..
plant
\
-
"share.
off the remaining
pay
from the sale of the stock
shares of 7% prior preferred
outstanding
'
to
term-loan.:'
expected
improvement
822.
be used
$i,500,000
a
funds
the
redeem
for
V.
will
common
new
V-T loan
a
balance
,(-The
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4521
•
THE Co MM ERCIA I.
Tke
11
which extended from May
Seventh War Loan Drive
total, 9.4%
14
Power Co.
comprising
15
issues
separate
and
21.8%
was
of
-
Cooley
& (tCo.-;' Courts
&
Co.; Cray,
Cruttenden & Co.; S. K.
Cunningham &
House & Co.; J. M. Dain &
Davis,
Co.;
R.
total;
This compared with
the
10.06% of the June
12.1%
of the May figures,'
14.01%
SUMMARY
OF
may be necessary, particularly
financing is brought to light.;- -
ures
of the April
CORPORATE
FIGURES
BY
MONTHS
1946
New
Capital
Refunding
: -
1946,
1945
AND
New Capital
Total
•vv-;
-tl944Total
Refunding
:S
$
New
• '*
W'
\
112,954,001
264,262,410
244,124,054
44,070,931
278,899,772
322,970,703
47,088,901
311,351,311
307,414,675
'435,629,948
162,182,000'
295,766,014
191,107,290
128,215,273
28,925,290
68,071,687
306,474,227
684,631,086
131,170,053
January.
February.
March
—
1944
tl945
.
Capital
$
H.
991,105,313 /
141,067,908
;
176,456,350
363,837,701
289,599,643
199,771,028
387,662,791
677,262,434 Z
45,455,742
103.534,713
160,961,995
148,990,455
877,915,694
146,844,872
339,563,928
486,408,800
870,875,019
159,360,123
385,565,301
692,915,315
■:
1,352,125
Second quarter—
796,720,685 1,444,332,083 2,241,052,768
&
Moore,
555,122,202
656,045,237
367,086,226
.76,399,341
526,446,349
79,085,300
-fc
108,100,665
189,591,294
85,002,408
.
36,115,868
80,437,425
36.398,283
-s
184,500,006
225,707,162
261,635,283 1,001,293,728 1,262,929,011
"
&
:
•*.
;•;.
•
1,103,194,912 2,128,963,169 3,232,158,081
;•
••
148,913,492
■
382,694,367
Cook
531,607,859
402,703,19111,738,141,514 2,140,844,705
295,758,364
!
366,543,033
399,673,579
766,216,612
57,327,813
105,572,951
30,208,620
157,252,988
214,580,801
143,408,024
248,980,985
407,642,920
437,851,540
749,921,243
107,244,173 'A; 338,267,743
961,535,209
445,511,916
104,820,122
.
August
September
810,260,9
Third quarter
•
■■■■
November
193,1091384
488,867,748 1,430,562,237 1,919,429,985
213,629,022
60,276,071
164,293,287
0?
:
•
■
December
"
''•••
■
•'•T'
:
"»-fS
1,202,560,112
101,548,627.- 161,824,698
337,040,911
501,334,198
136,614,813
26,565,747
618,835,452
755,450,265
338,394,097
364,959,844
.JibllfK!
20,434,385
116,304,052
136,738,437
/•{I'IIjw-
1RTR14 345
!,
quarter
Twelve months
988,931,090
1,264,579,832 4,959,291,921 6,223,871,753
tRevised.
708,303,942
1
901,413,326
073 533 601
1.257 14ft B4B
/
im
672,482,693 2,504,095.838 3,176,578,531
;
.
.
Inc*'
Inc'
Merrill
Lynch, Pierce, Fenner & Beane; &
Lynch; Mullaney, Ross 8c Co.; Nash-:
Company of Omaha; W. H.
Newburger, Loeb & Co.; Newhard,
M. Newton 8c Co.; Nusloch, Baudean &>
&
8c
Co.;
E.
Alfred O'Gara 8c Co.-; The Ohio
Company; Otis
Co.; Pacific Northwest Co.; Roger S. Palmer
Co.; ParkShaughnessy &
Co.;
Patterson,
Copeland
& -Kendall,
Inc.;
Hoyt
Peck
Co.;
Phelps, Fenn
&
Co.;
Phillips,
Co.;
The RansonCo., Inc.; Rauscher, Pierce 8c Co.,
Inc.; Redfield
&
Co,; Reynolds 8c Co.; The
Robinson-Humphrey Co.;Hartley Rogers & Co.; E. H. Rollins & Sons
Inc.; Rotan
Mosle and Moreland; L. F.
Rothschild 8c Co.; Russ & Co.:
&
&
Robinson; Prescott, Wright,
Co.;
F.
L.
Bros.
8c
Putnam
8c
Co.,
i.;|;
•;/
,
Snider
Inc.;
Hutzler;
M. A. Saunders 8c Co., Inc.;
Hutton & Pomeroy,
Scott, Horner 8c Mason, Inc.;
Sheridan, Bogan Co.; Shields 8c Co.;
Sills, Minton 8c Co,
Inc.; Singer, Deane 8c Scribner;
Smith, Moore & Co.;
Stein
Bros.
&
Boyce;
Stern
Brothers
&
Co.;
Stifel,
Nicolaus & Co., Inc.; Stlx &
Co.; Edw. Lowber Stokes &
Co.; Walter Stokes & Co.; Sutro &
Co.; Sweney Cartwright 8c Co.; Thomas H. Temple
Co.; Thomas & Co.;
Townsend, Dabney & Tyson; Spencer Trask 8c Co.; Tucker.
Anthony & Co.; Wachob-Bender Corp.; H. C.
Wainwright
& Co.; Watkins, Morrow &
Co.; Watling, Lerchen & Co.;
Weil 8c Arnold; Wheelock 8c
Cummins, Inc.; White, Hattier
8c Sanford; The
White-Phillips Co., Inc.; Harold E. Wood
& Co.; F. J. Wright &
Co.; Wurts, Dulles & Co.; Wyatt,
Neal & Waggoner; F. S. Yantis 8c
Co., Inc., and YarnaU
.Co,"-.y
;;;
Schmidt, Poole 8c
Inc.; Schwabacher
438,198,380 1,427,520,628 1,865,719,008
■
Co.;
Salomon
826,381,452 3,531,771,293 4,358,152,745■'v
October
Fourth
705,440,793
423,678,261 1,793,629,779 2,217,308,040
Nine months
Co.
Co.;
Davidson
V;"
July—i
&
&
Leonard
Schmertz
722,258,295 1,018,016,659
211,613,966
;
Dickson
&
nam
Biz months
S.
Smith;
121,400,691
■
\ 'falV;v'
R.
ville Securs. Co.; The National
Newbold's Son 8c Co.;
100,923,035
671,103,991
307,350,014
736,847,786
Merle-Smith;
Co.; John M. Douglas; J. H. Drass & Co
Johnson
inson
Flrat quarter—
&
&
Edwards,. Inc.;
Co.; Edward D. Jones 8c Co.; Robert C.'
Kebbon, McCormick & Co.; Thomas
Kemp St
Co.; John Kormendi Co.; Laird, Bissell &
Meeds; Leftwich
& Ross; Mackall &
Coe; Mason, Moran & Co.; McCourtney-Breckenridge & Co.; McDonald & Co.;
McJunkin.>
Patton & Co.; McLeod, Young,
Weir, Inc.; McMaster Hutch¬
$
137,683,000
98,346,215'
62,615,780
•
Jones & Co.;
Total
$ r:-;
38,773,350
-
J.
R.
Refunding
inc
Co.'*
Curtiss"
&
.
;
•
Co.,
McFawn
Co., Inc.;
Marshall; M. M. Freeman & Co.,
Inc.; Glover & MacGregor, Inc.; Gordon Graves & Co.;
Graham, Parsons &
Co.; Green, Ellis & Anderson; Greenway & Co.*
Gregory
& Son, Inc.; Grubbs, Scott &
Co.; Gruntal & Co.; Hallgarten & Co.; Hallowell, Sulzberger &
Co.; J. B Hanauer
& Co., Inc.; -Harley,
Hayden & Co., Inc.; Wm. P.
Harper"
& Son & Co.; Carter H.
Harrison & Co.; Ira
Haupt &
Co.;
Hawley, Shepard &
Co.; Hayden,
Stone
&
Cor
Hill & Co.;- Kenneth B. Hill &
Co.; J. H. Hilsman & Co,,
Inc.; Hirsch & Co.; Indianapolis Bond and Share
Corp •
Investment
Corp. of Norfolk; Jenks, Kirkland &
additional private
as
„
&
W
Elworthy & Co.; Equitable' Sees'
Corp.; Clement A; Evans
Co., Inc.;' Far well, Chapman
& Co.;
Field. Richards & Co.; The First Boston Corp ♦
The First Cleveland
Co.; First Southwest Co.; Foster &
.
month's total.
E
Middle-
Co.; Dallas Union Trust Co
& Co.; Day,' Stoddard & Williams
Inc':
Townsend,- Crouter &
Bodihe; Dempsey &
&
Dick
Dittmar
t
&
Skaggs
DeHaven
••
-
Chaplin
Co ;
Securities-Corp.; Coburn
Coffin &, Burr,-Inc.; C. C.
Collings &
..brook;
■
Municipal financing for July aggregated $132,150,000
compared with $66,450,540 in July, 1945,
Of the total
for the month $124,470,000 was for new
money and $7,680,000 for refunding.
•
Below we present a tabulation of figures since Jan¬
uary, 1944, showing the different monthly, amounts of
corporate financing. Revisions of the 1946 and 1945 fig¬
$167,263,000
up
&
Co.,
Inc.; Central Republic- Co.
(Inc.);
Co.; City Securities,,Corp.; Charles Clark &
Clark & Co.* Clayton
principal issues
$125,000,000 American Telephone & Telegraph 40-year
2%% debentures; $80,000,000 Texas Co.'12%% deben¬
tures; $50,000,000 Joseph E. Seagram & Sons, Inc. V-h.%
debentures; $34,000,000 Brooklyn Union Gas Co. 27/s%
bonds and $54,000,000 bonds and debentures -of Gatineau
,
footed
July
so placed in March, 28.4%
of
of the January total.
","v
placed 'during the month were
12.1%
The
•
Of the July total
placements for
of the issues
the February and
$366,543,033 or 47.8% was
for new money purposes and $399,673,579 or 52.2% for
refunding.
Thus, the financing for the month followed
the trend of the previous 31 months with the exception
of January, 1946.
Private
>(A>'
And for the Seven Months of the Calendar Year 1946
of
July aggregated $766,216 612, the second largest monthly \
total this year, being, exceeded by the May figures of
$870,875,019.
'lhe total for the;month ronmares with
$692,915,315 for June and $961,535,209 for July, 1945.
The showing xur auiy, isLto was attnouteu to tnt release
of a large backlog of issues held in abeyance during the '
to June 30.
Monday, September 2, 1946
Capital Flotations in the United States During the Month of July
The volume of corporate financing for the month
•
> FINA N CIaL CHRONICLE
Co.;
8c
Schoellkopf,
Co.;
34,000,000 Brooklyn -Union Gas Co.
Treasury Financing for July;
v
There
were
of
Series
Series
"*
»jl946~*
;
.
in subscriptions received
%% Treasury Certificates of Indebted¬
F—1947
which
were
offered
on
an
par
which
matured
months——
ex¬
Retired
.
Offered by
Net Issued
2,331,581^044
Notes
1, 1946.
accepted and
were
..
Arnhojd and S. Bleichroeder
Inc.; Atkinson, Jones & Co.;
8c Co.; The Bankers Bond
Co., Inc.; Barrow,
Co.; Baum, Bernheimer Co.; Bingham, Sheldon
&
Co.; Bioren
&
Co.; J. C. Bradfbrd & Co.; Brooke,
Tindall & Co.; Burr 8c Co., Inc.;
Byid Brothers; Central
National Corp.; City Securities
Corp.; Clayton Securities
Corp.; Curtiss, House & Co.; Dempsey & Co.; Dick &
:• A.
-•>
G—1947
in
exchange,
for
for
July
r„;; V-
viThe Treasury Department announced on July 17 an
offering of %% Treasury Certificates of Indebtedness
205,000,000
Total for
"
!
♦Comprise
V
558,173,000
\
'
•
111
62,715,000
713,173,000
111.11
111—111
.
; i"1
months— 14,844,210,000
seven
sales
of
special
to holders
sold
to
of
Treasury Certificates of Series F—1946> in the amount
$2,469,619 000,/which will mature on Aug. 1, 1946.
Approximately $1,250,000,000 of the maturing certificates
and
notes
of
Civil
Service
Canal
series
and
notes;
par
Adjusted Service Certificates Fund and Unemployed Trust Fund
Federal
to
Old
Age and Survivors
Insurance
Trust Account,
•jsu
jhmmmk M
.wamsammmmm,
.
v
Mather
Outside of the above the Treasury
Department in July
its operations
to the usual, weekly sale of
-
■-
"s
,»
V
-
•;••'•
now
UNITED
:
.*•
-i-.
Below
we give complete details of the
capital nota¬
during July, including every issue of any kind
brought out in that month.
;
'
'
- • -
STATES
TREASURY
Date
FINANCING
Amount
Offered
Dated
Due
Applied for
-
Amount
$
Total
Jun
July
July
July
Jun
July
July
July
for
six
Total
for
seven
%
'
i
Sf
7
"
1,803,541,000
'
1,767,751,000
4,673,023,000
99.905 + *0.375
1,305,129,000
-
0
99.905 + *0.375
2,915,697,000
752,985,360-
752,985,360
by
99.905 + *0.375
100
1
Stuart
a
7,848,000
7,848,000 100
300,463,500 100
:
2
300,463,500
b
2,000,000 Gulf
year
&
Wheeler
9,215,520,860
—
series
C-1946
and series
C,
65,718,198,428
and
about
series
1.07%,
C-1947.
Series A
*
'
f
RR.
Later
.
"
Co.,
mtge.
Purpose,
Offered
2%%
bonds,
extension
($4,087,000)
.
.
of
&
Ohio
due
RR.
by
of
due
vv
Priced
•'
Total
for
six
A
2%
equipment
1947-1961.
day
Treas
$
15,
to
day Treas. bills
91 day Treas. bills
1,310,517,000
1,305,129,000
2,915,697,000
Savings bds.
752,985,360
Depositary bonds—
7,848,000
Tax Antic'n notes '
300,463,500
91
U.
day
Total Jot
Total for
Treas,
of
bills
indebt.—
S.
New
-V
July
9,215,520,860
$
■•••-
Purpose,
<
Stringfellow;
Robert
Alex.
Co.;
Brown
Co.
& Sons; Burr 8c Co., Inc.; Central
Coffin & Burr, Inc.; J. M. Dain 8c
(Inc.);
C°,;i Dempsey & Co.; Dick 8c Merle-Smith;.Fauset, Steele
Co.; Graham, Parsons & Co.; Grimm 8c Co.; Ira Haupt
Co.; The Illinois Co.; Thomas Kemp & Co.; Minsch,
& Co.; Moore, Leonard & Lynch;
Mullaney, Ross 8c
Co.; Otis & Co.; Pacific Northwest Co.; Patterson, Cope&
trust
pur¬
v
-
land
8c
•
Inc.; Phelps, Fenn 8c Co.; The RansonCo., Inc.;
L. F.
Rothschild &
Co.; Salomon
Hutzler; Shields & Co.; Stern Brothers & Co.;
8c
Stokes
Walter
Ry. iy2% equipment trust certificates,
1947-56. ' Purpose, purchase of equipment.
Savings Bank of Baltimore on bid of
Kendall,
Davidson
Bros.
&
Co.; Stroud & Co.,
Inc.;
Wachob-Bender
Thomas & Co.;
Wheelock 8c
Corp.; Weeden & Co., Inc.;
Inc., and F. S. Yantis & Co., Inc.
Cummins,
•36,000,060 El. Paso Natural
,;*> ^.series due 1966.
Gas
Co.
.
;
,
1st
mtge. pipe line bonds, 3%
refunding ($10,000,000); con.substruction fund ($25,900,000).
Price, $102.
Sold privately
.,
fco,seven institutional investors (with exception of $10,-
Purpose,
exchanged for 3% bonds due 1957).
Mfnoo
■
$125,000,000 American
1
bentures
5,483,073,568
Price,
1,307,745,000
1,315,136,000
1,310,259,000
1,305,129,000
and
Power Co. 1st mtge. bonds, 3% series C, due
Purpose, refunding.
Price, 104.37 and int.
Of¬
fered
by The First Boston Corp.;
Blyth & Co., Inc.;
Glore, Forgan & Co.; Goldman, Sachs 8c Co.; Harriman
Ripley & Co., Inc.; Kidder, Peabody & Co.; Kuhn, Loeb
& Co.; Lehman Brothers; Mellon Securities
Corp.; Smith,
1970.
due
1986.
100.85 and int.
S.
UTILITIES
&
Telegraph Co. 40-year 2%%
Purpose, extension,
additions,
Offered
by Mellon
de¬
etc.
Securities Corp.;
Barney
& Co.; Union Securities Corp.; White, Weld &
Hallgarten & Co.; Harris, Hall & Co. (Inc.); Hemp¬
Co.; Lee Higginson Corp.; F. S." Moseley &
Co.; Coffin & Burr, Inc.; Hornblower & Weeks; W. E.
Hutton & Co.; Laurence M. Marks & Co.; E. H. Rollins &
Stuart
& Co. Inc.; Geo. G. Applegate; Arnhold
Bleichroedeer, Inc.; C. S. Ashmun Co.; Atwill and
Co.;
258,000
7,848,000
300,463,500
Chanute, Loughridge
C.
Bradford
&
.
&
&
Co.; H. F. Boynton
Braun, Monroe and
Co.,
Inc.;
Co.;
&
H.
Co.;
M.
Noyes &
Sons,
A.
,
«
&
E.
Inc.;
Tucker, Anthony & Co.;
Ames
&
Co.,
Inc.;
Alex.
G.
Brown
H.
&
Walker 8c
Co.;
The
Do-
Sons;
minion Securities Corp.; Estabrook & Co.; McLeod, Young,
Weir, Inc.; Riter & Co.; Whiting, Weeks & Stubbs; The
Wisconsin
Company; Dominick &
Lord; The Milwaukee
Co.;
Stockton
Broom
Marache
Byllesby
and
Starweather
Co.; Brooke,
& Co.;
Brush, Slocumb
Co., Inc.;
Byrd Brothers;
Frank B. Cahn & Co.; Caldwell
Phillips Co.; C. F„ Cassell
Tindall
1,061,554,860
6,544,628,428
hill,
Baker, Weeks &
Harden; Ball,
Burge & Kraus;
Ballou, Adams & Co., Inc.; The Bankers Bond Co., Inc.;
Barret, Fitch & Co., Ino.; Barrow, Leary & Co.; Jack M.
Bass & Co.; Baum, Bernheimer
Co.; Bear, Stearns &; Co.;
Biddle, Whelen & Co.; Binghafm, Sheldon & Co.; Bioren &
Co.;
Blair & Co.,
Inc.;
Boettcher
and
Co.;
Bosworth,
752,985,360
8,153,966,000
PUBLIC
Telephone
Co.;
2,915,697,000
months- 65,718,198,428
59,173,570,000
&
&
■
.
•
Indebtedness
J.
seven
Scott
1976.
Republic
:,
The
.
Halsey,
1.307,745,000
1,315,136.000
Inc.;
.
*
Refunding
56,502,677,568 51,019,604,000
bOls
Pomeroy,
45,000,000 Gatineau
$20,817,000
Accepted
91
Ctfs.
/
lv;,
yield
from
0.95%
to
Offered by Salomon Bros.
Marquette
July
Awarded
FUNDS
Total Amount
months
90
&
Monell
1"%% equipment trust certificates, due
Purpose, purchase of equipment.
Priced to
yield from 1% to 2%, according to maturity.
Offered by
Salomon Bros. & Hutzler and Stroud & Co., Inc.
due
Ross & Co.; Nashville
Cook 8c Co.; E. M. Newton & Co.;
Showers; Sills, Minton & Co., Inc.; Stix 8c Co.; Walter
Stokes 8c Co.; Thomas & Co.; Townsend,
Dabney & Tyson;
Wachob-Bender Corp.; H. C. Wainwright <fe
Co.; Weeden &
&
;
vi
to
2.05%, according to maturity.
& Hutzler and Stroud & Co., Inc.
*850,000 Pere
earn
Mullaney,
Otis
& Co.; Roger S< Palmer Co.;
Patterson, Copeland 8c Kendall,
Inc-J Peters, Writer 8c Christensen, Inc.; Phillips, Schmerts
& Robinson; Wm. E. Pollock. &
Co., Inc.; Quail & Co.;
The Ranson-Davidson Co., Inc.; Rauscher, Pierce &
Co.,
Inc.;. Reinholdt & Gardner; Hartley Rogers & Co.; L. P.
Rothschild 8c Co.; Salomon Bros. 8c Hutzler;
Schoellkopf,
.
$
July 5
July 11
July 18
July 25
July 1
July 1
July
Co.;
Co.;
1st mtge. bonds, 3% serfea
Purpose, refunding.
Price, $104y2 and int.
by Halsey, Stuart 8c Co. Inc.; Ames, Emerich 8c
Co., Inc.; Arnhold and S. Bleichroeder, Inc.; William Blair
Halsey,
'
Type of
Security
Dated
OF
&
&
Offered
1947-1960.
lift
Graham,
Park-Shaughnessy & Co.;
due
•
3%s
7,322,000 Pennsylvania RR.
•
Marshall;
Co., Inc.; Weil & Arnold; Wheelock & Cummins, Inc.;
White-Fhillips Co., Inc.; Woodard-Elwood & Co.;
Wyatt, Neal & Waggoner, and F. S. Yantis & Co., Inc.
■
,
series
semi-annually
equipment.
8c
The
■
I
'■.] A-
Orlando, Fla.-;
Mobile
Foster
16,000,000 California Electric Power Co.
1st
1971.
99.636.
USE
'1
I
Co., Inc.
certificates
'J,
chase
;
'
Maturing
*645,000 Apalachicola Northern RR. 4% serial bonds, due 1947-97.
Purpose; 'repay advances to parent. -Price, 99.
Sold to
/
Clyde
C.
Pierce
Corp.,
Jacksonville,
Fla.,
and Leedy
%
a
»
/-
,
'
...
Years)
Susquehanna
&.
extension April 1,
2%s.
Price, 100
as
*
»
(Issues
Miller
O'Gara
'
,
a
Notes
C.
Hutton
>
RAILROADS
$10,000,000 Albany
99.906 + *0.376
♦Average rate on a bank discount basis, a Comprised of three
sepa¬
rate series, of which series E have
10-year maturity, are sold on a
discount basis at 75, and
yield 2.90%; series F have a 12-year matur¬
ity, are sold on a discount basis, at 74, and
yield 2.53%,: and series G
have a 12-year maturity, are sold at
100, and bear 2J/2% interest,
b Comprised of
separate issues, designated Treasury notes of tax series
1.92%
and
Than Five
1,307,745,000
1,315,136,000
1,310,517,000
1,891,988,000
1,894,854,000
months
A-1945, series C-1945,
v'
»
Bonds
Yield
j
about
1
r
•
Long-Term
-
Price
Capital Flotations
During July, 1946
v
1946
56,502,677,568
90 days
July 5
91 days
5
July 11
12
91 days
July 18
91 days
19
July 25
14
1 year
July 1
1-31 July 1 10-12 yrs.
12 years
1-31 July
2 years
1-31 July
Total for July.
July
:
-
,
$
months-
28
,
Details of New
-
.
DURING
Accepted
<>
■
.
-
"
present our usual tabulation*
R.
Alfred
,
•
V*
We
.
8c
&
Securities Co.; Newhard,
.
tions
Treasury bills, Savings Bonds, Tax Anticipation Notes
Depository Bonds.
....
and
Corp.;
Co., Inc.; John Kormendi Co.; Laden- i
Co.; Mason, Moran-& Co.; Morris
Co.;McMaster Hutchinson & Co.;
Wm. J.
Co., Inc.; Metropolitan St. Louis Co.; E. W--
8c
Mericka
:
confined
Cleveland
Lane, Space and
burg, jThalmann
,,
,
Retirement
Fund,
Foreign
Service
Retirement
Fund,
Alaska Railroad Retirement Fund, Postal
Savings System, Government Life Insurance Fund, National Service
Life
Insurance
Fund, Federal Deposit
Insurance
Corporation,
and
Federal Savings and Loan Insurance Corporation.
will be redeemed for cash and no cash
subscriptions will
be received.
The results will be given here next month.
First
Parsons 8c Co.; Greene, Ellis 8c
Anderson; Gregory & Son,
A'/-,!; Inc.; Gruntal & Co.; Hallowell, Sulzberger 8c Co.; J. B.
j
Hanauer & Co., Inc.; Hill & Co.; Hirsch & Co.; Johnson,
certificates
Zone Retirement Fund,
par
&
Merle-Smith; R. S. Dickson 8c Co., Inc.; Francis I. duPonfc
Co.; Fausel, Steele & Co.; First California Co., Inc.;
The
11,799,455,956 " 3,044,754,044
certificates
Aub
&
"""
1
E.
Leary
155,000,000
12,715,000
775,888,000
—
7>
50,000,000
570,888,000
-
.Total
'*
.
L.——-
Certificates
July
on
the balance redeemed in cash.
Series
Issued
$
six
gen. mtge. bonds, 2Va% series.
Purpose,
refunding.
Price,
103
and
Int.
Halsey, Stuart & Co. Inc.; Allison-Williams Co.;
due '1976.
,
14,068,322,000 11,736,740,9^56
,
Total for
for par, to holders of Treasury Notes
D—-1946
$2,915,697,000 of these subscriptions
of
•INTBA-GOVERN^IENT FINANCING
f
•
change basis,
of
*
$4,673,023,000
for the issue of
ness
-
Hayden,
8c
&
Miller
Co.;
&
Chace,
Co.;
The
Dominick;
Granbery,
Co.; Putnam & Co.;
Whiteside
Illinois
&
Warren,
Company;
Inc.;
Bosworth,
.
w-r^,
■
mw mwH
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4521
Volume 164
1201
'
7:77.'77 7.; chanute, Loughridge & Co.; Arnold W. Jones & Co., Inc.;
•<
McDonald
PtJBLIC
■
&
Co.; Minsch, Monell & Co., and Perrln, West
& Winslow, Inc.
-7, ;
7;
•}-"v..;
v'V; » V;
.
$1,350,000 Black
;
*
'
.*
,
•
and
Mutual. Life ' .insurance] Co.
f
Life
Insurance Co.;. Metropolitan Life Insurance
New England ; Mutual Life Insurance Co.; ;Mutual
Benefit Life Insurance Co.; Equitable Life Insurance Co.
•
.of Iowa; Bankers Life Co.; Teachers; Insurance & Annuity
Association of America,- and Lincoln' National Life Insur•••'fance Co.
:''7'
;
,
■;
»
offered *by
315,000 Black
'>5.,
Hills
Power
&
Light
$116
;
/..
;
•
through Central Republic Co.'(Inc.).
f
:; .;r
:
employees
The
7,500,000 EI
1
■
'
Pvy?K5iSiv!
<t
1
per
V*>. •'
!
,
V
■
■:
!
;
,
,
§§
7.7 V
!
}
ing.
STEEL, COAL, COPPER. ETC.
7
•
;;;.-
.
OTHER INDUSTRIAL
77/ ,// ■'
' -;
:
' .,f ■«
'y-v
AND
i
MANUFACTURING
-.-t ,r-
-
.
■=:
.
'
J
-
-
due
June
—
1,
Purpose,
1961
bonds,
f
i'
'
...
-
& Co.-
•
.
.7'
,
3%%
Webster Securities Cord:-
X't
&
by
Co.;
15,000
Central
of
shares
Republic
Lee
Higginson
1-'
'
'7 Chaplin & Co.; E.
Sons;
;;
,
Farwell,
.Harris,
7'/,/'■'
%
Corp.
cumulative
Co.
E.
and
' '>
.
...
1
con¬
(Inc.); A. C.
H. Rollins &
'
''
•
M.
t
.
'
Marks
Clark
W.
Chapman
&
Co.
&
&
&
A.
First
of
G. Edwards andi
Mchigan Corp.;
Illinois Company;
The
Stroud
Co.;
Co.;
Co.;
Inc.;
Co.
Inc.;
Laurence
Whiting,
Weeks &
Bateman,
Boynton £5,
&
Co.;
H.
F.
Co., Inc.; J. C. Bradford & Co.; Brush, Slocumb & dd-i"
] Buckley Brothers; Frank B. Cahn & Co.; Davies & Mejia,
1,! Elworthy & Co.;<First California Co. Inc.; Hayden, Miller
*'r' *'5 & Co,» Hil1, F-ichards & Co.; Jenks, Kirkland & Co.; Lester
a
''
;
;
V
Hall
.Stubbs; The Wisconsin Co.; J. Barth
-Eiohler & Co.; Betts, Borland & Co.;
r
-f
-&
Co.; Moore, Leonard & Lynch; Newhard, Cook & Co.;
Pacific Co. of California; H. O. Peet & Co.; Prescott «Sc Co.;
The
RobinsonrHumphrey
Co.;
Schoellkopf,
Hutton
&
Pomeroy, Inc.;] Schwabacher & Co.; Shuman;
Agnew &
Singer, Dean &, Scribner; William R. Staats Co.;.,
Walston, Hoffman & Goodwin;-Watling, Lerchen & Co.:-'
I
Co.;
,,
.
,
.
.
■
:\t
Westheimer! & C6.;- F? S.
■
Co.?
'
cumulative
,
t
»
6c Co.
Inc.,
and
YarnaiL
'
Mills,? Inc.
convertible
-25,000
shares
stock-
preferred
(par
4 V»i<t
Pur-
of
$50).
pose, Refunding. ($435,000).; repayinotes ($190,000).
Price,
$52.25- per share.
Offered by R. S. Dickson & Co.; Laird,
,
f
Yantis
7.7-
625,000; Cbadbourn-- Hosiery
\, vr/'':;-
f
V
of
Corp.
& Co.;
A. C. Allyn and Co. Inc.; Bear, Stearns & Co.;
Hallgarten & Co.; W: E. Hutton & Co.; Paine, Webber,
•'Jackson & Curtis; E. H. Rollins & Sons Inc.; Johnston,
;.lt Lemon & Co.; Piper, Jaffray & Hopwood: Wm. C. Roney^
& Co.; Sutro &
Co.; Dean Witter & Co.; Blair & Co., Inc.;t
"-
/
,
,
;
Newport Electiic Corp.. 7,732 shares
Lincoln,
'•
1
....
cumulative
Bisseil &
Meeds^ Hemphill, Noyeis 8s- Co.; Courts & Co.;
'J, * McDaniel Lewis & Co.i and-Southern'Investment Co.
;i i7
'
.
(par; $100),i Purpose, refunding,] Price,
$102.50; per ; share, l iOffered for^ eubscriPtion to- stockholders.
Unsubscribed shares (7,l86)'offered by Stone &
S;]' 7"
Placed privately.
refunding.
Brothers;
Lehman
of
Co.
*
-
Co.;
&
i preferred stock
\J :
;
^
*81,000,000 Consolidated' Cement. Cdrp. 15-year 1st' mtge. '4%
'
773,600
:
'
•
Corp.;
Weld
Edwards .and Sons,; and]Stix '& Co.
^
0,
-a: -
White,
by
Moseley &.Co.; Salomon .Bros. & Hutzler; Alex. Brown &
Sons; Central Republic Co. (Inc.); Hornblower & Weeks;
Stern Brothers & Cp.; Dean Witter & Co.; Hayden, Miller
& Co.; Starkweather & Co.;
Cooley & Co.; Cruttenden
& Co.; Reinholdt &
Qardinejr; I. M. Simon & Co.; A. G.
!»'
'
,
offered
Securities
cumulative preferred stock (par $100).
V,
,
*82,500,000 Laclede Steel Co. 3%v»otes, due serially Aug. 1, 1948-1961.
Purpose,: Retire, bank Joqna, -construction,- etc.. Price, par.,
Sold privately to Prudential Insurance Co], of America.
-
shares,
Webster
Trust
1
& - Light; Co. 40,000 shares of 3.90%
Purpose, refundPrice, $104 per share and div.
Offered by Glore,
Forgan & Co.; CoffinBurr,-Inc.; Drexel -& Co.; F. S.
1/
•
;
"
1
60,203
First
8,752,239 Budd Co. 540,573 shares of common stock (no par).
Pur;
7
pose, purchase of machinery, working capital, etc.
Price
to shareholders, $16 per
share; to public, $17.75 per share.
Offered
for subscription
to
stockholders.
Unsubscribed
shares (68,714) offered by Carl M. Loeb, Rhoades & Co.;
^7
B1yth & CO., Inc.-;- Glore, Forgan & Co.; W. C. Langley
'
& Co.; Lehman Brothers; Union Securities Corp.; Wertheim
Offering—11,736 shares exchange
" Unexchanged shares (3,061), bal-'
preferred.
The
cumu¬
discharge
I 4,000,000 Missouri f Power
i307£2o,oo<i
IRON,
4.10%
of
Purpose,
Glore,
stock, 4% series (par $100).
Purpose,
($960,592);
general funds
($539,408).
Price,
Sons.
1
Gas Co. 3% % ..1st mtge. bonds, due 1976.
Purpose:: refunding. 7iPrice, 101.92.1; Offered» byi A.t, C.)
Allyn;and Co."Inc.; E. H# Rollins As Sons Inc.; Stroud &
Co. Inc., and A. G. Blakey & Co.
.
div.
$100).
! Allyn
;
•
1,600,000 York' County
'
7
shares
75,000
(par
Price,
by
oxiered
(Inc.); Farwell, Chapman 6c Co.; Kebbon#
Co.; Lee Higginson Corp.; The Wisconsin
Whipple & Co.; William Blair 8c Co.; The
Offered
par.
by
#•»'-.
4,202,394 El Paso Natural Gas Co. 100,057 shares of common stock
(par $3).
Purpose) construction funds.
Price, $42 per
share.
Offered for subscription to common stockholders.
7
Unsubscribed shares (2,697) offered by underwriters, viz.:
White,: Weld & Co.; Stone .& Webster Securities; Corp.;
Lehman Brothers;-Blyth] & Co., Inc.; Kidder, Peabody &
Co.; Smith, Barney & Co.; Union Securities Corp.; Hornblower [&
Weeks;
Shields .&
Co.;
Bosworth,
Chanute,
)
Loughridge & Co.; Kebbon, McCormick & Co.; Laurence M.
Marks & Co,; McDonald &
Co.; The Ohio Co., and Vietor,
Common, Dann & Co.
-
•.
,
.
,
Co.
stock
and
&
Dann
.■
•382,000 Rockland Gas; Co.,, Jnc.,' 3V«%
1st mtge; bonds# 1963.
'
Purpose; refunding.
Sold privately to Wilmington Savings
Fund Society of Wilmington, Del.
i
-
offered
■
refunding.
exchange for $4.25 pre¬
(3,951)
preferred
refunding
'■
,
7-
shares
in
& Co.,
convertible
3%%
of
Purpose,
Offered
shares
Corp.;
Fisheries
vertible
Blyth & Co., Inc.; Kidder, Peabody & Co.; Smith, Barney
&
Co.; Union Securities Corp.;
Hornblower & Weeks;
Shields & Co.;
Bosworth, Chanute, Loughridge & Co,J
Kebbon, McCormick & Co.; Laurence M, Marks & Co.;
McDonald & Co.;
The Ohio Co., and Vietor, Common,
00
'
of
ance
-
by
6,238,000 Rochester Telephone Corp. 1st mtge: >2 Mi % bonds, series
A, due 1981.; Purpose, (refunding.
Price, 101.17 and int.
Offered by Halsey, Stuart 8s Co. Inc.
;
'
share
Stone
& Coke Co. 1st mtge, bonds, 3Ve% series
Purpose, refunding.
Price, 101.46' and int.
Halsey, Stuart & vCo.: Inc.; Allison-Williams
Co.; Barrow, Leary & Co.; Bear, Stearns & Co.; Burr &
Co., Inc.; Julien Collin*& Co.; Dempsey & Co.; Poster &
Marshall: Graham,'Parsons & Co.; Merrill Lynch, Pierce,
Penner & Beane; Mullahey, Ross & Co.; Nashville Securities Co;;
Otis & Co.; Park-Shaughnessey & Co.;
The
Ranson-fDavidson Co., Inc.; E. H. Rollins & Sons, Inc.;
Thomas & Co.; Weil 8c Arnold; Welsh, Davis and Co.;
Harold E. Wood & Co,, and F; S. Yantis & Co., Inc.
Gas
preferred
for old 7%
1976.
Offered
Unsubscribed
Corp. and The Ohio Co.
Co.;
&
Slocumb
•
of
bank loans ($1,800,000); redemption of 7% preferred stock
<
($1,627,670); construction funds ($4,072,330).
Price, $109
10,000,000 Portland Gas
due
officers.
Boston
Natural
Paso
lative
r
.
and
First
Co.;
Bacon,
1,500,000 Booth
.
^
Brush,
f. 7 i Illinois Co.; G. H. Walker & Co.; Boettcher and Co.;
.-••■■VBosworth, Chanute, Loughridge & Co.; J. M. Dain & Co.;
Kalman & Co.', Inc.; Kirkpatrick-Pettis Co.; Maynard H.
1
Murch & Co., and Burns, Potter & Co.
•
(par
975,000 Central Ohio Light & Power Co. 30,000 shares ,of common
stock (par $10). .Purpose,
property additions, etc. Price,
$32.50 per share. 'Offered for subscription to stockholders,
; :
,
;
,.-•■/
7,500,000 Missouri Power &
Light Co.
1st
mtge. bonds, 2%%
-.i"-"-series due 1976.
Purpose, refunding.
Price, 102.06 and
/.•"
Int.
Offered by- White,
Weld & Co.; Shields & Co.;
i,
1
Kidder, Peabody & Co.; W. C. Langley & Co.; Equitable
\ *«;•' *
* Securities Corp]; Laurence M. Marks & Co.;
R. 1W./
Pressprich & Co.; Stroud & Co.;- Putnam & Co.; G. H.
,
Walket & Co.; Auchincloss, Parker & Redpath; Bosworth,;
Chanute, Loughridge &; Co.; Kebbon,'McCormick 4? C0''The" Ohio
Company; .Singer, Deahe & Scribner. and.
•7,7Perrin' West & Winslow. Inc.:
■$;
77
•
Securities
Republic
1
■/''j
(par $100).
Unexchanged
7J-Co.;
of common
shares
59,862
Co.
share and div.
; McCofmick1
y'i.l ];
/
O'Connor
] Neb.;: Merrill < Lynch] Pierce, Fenner & Bean; Dean
Witter & Co.; A. G, Becker & Co. Incorporated; Central
;
•
' share.
*j<-
Natural Gas Co., Inc., < 1st mtge. > sink3%% series, due 1965.
Purpose, con¬
struction program.
Price, 108.20 and int. : Placed privately
shares
15,000
Foods
a
Mellon
,
v->
;;
Leib,
Co.;
Eicbler & Co.;
Pacific Co. of Calif.; Pacific North-
./porgan & Co.; Hayden, Stone & Co.; W. E. Hutton & Co.;
4
'
'
;
.
&
Bateman,
ferred.
$1).
Purpose, expansion.
Pried, $21 per
Offered for subscription to. common stockholders.
Unsubscribed shares (5.576) offered- by same underwriters
as offered the preferred stock {see foregoing). 7
stock
;V
bonds,
Co.
?
v
Sutro
Inc.;
Co.;
■Vm'/.'Preferred stock
Co.; A. C. Allyn and Co. Inc.; Boettcher
:
&
5,986,200 Beatrice
Central Republic Co.
'
*1,100,000 Kansas-Nebraska
fund
additional,
Co.;
Unexchanged shares plus,
Dillon,1 Read & Co. Inc.; i
Wood & Co., and Woodard-Elwood & Co.
.
ing
cumulative^ preferred.;
Barth
&, Co:; Kaiser & Co.;
7?;./■>;•).'west-Go-.;'William'R. Staats Co.; Henry F. Swift
and Walston, Hoffman & Goodwin.
,1-
William ;R. Staats CO.} G[ H; Walker &, Co.; Harold E.
)
<*
,,
1
Jaffray & Hopwood: Rauscher, Pierce & Co. Inc.; Riter & i
Co.; E; H.i Rollins & Sons: Inc.; L. F. Rothschild'& Co.;
:
Newt York;'• Massachusetts
'
y
J.
4.20%
of
-
I
Co.;
•
'■
-
shares
Peabody-, & Co.; -Kirkpatrick-Pettis Co.; Loewi & Co^;
Laurence M; Marks & Co.; The Milwaukee Co.; Piper,
7
Mutual
'
„
of
Blyth & Co.,
13,500
Co.
(Inc.); J. M. Dain & Co.;
Graham, Parsons & Co.;'Johnston, Lemon & Co.; Kidder,
(f*'%.privately;to The Northwestern Mutual Life Insurance Co.;
i
5%
Allison-Williams
" C, 3%-.
,
per
for
1)5,000
4"'
low* Electric Light & Power Co. 1st mtge. bonds, series
f Purpose,- refunding}
Price, 104.97 and int.Sold
'
'
Light
~
H.-ing
-
('V."^^^*15,000,000
UTILITIES
&
preferred stock (par $100)..
Purpose, refundrtv
>
T>*.ir,A
* (M1/1
($850,000), expansion; etc.? ($500,000). *' Pried, * $110
share and div.; Offered (8,500 shares) in exchange
*
debentures, due June 15, i 1961;
Purpose, refunding.
Price, 101.23 and int.' Offered by
Sesame bankers as offered the $45,000,000 bond issue (see
vV1* V\ foregoing) with the addition to the list of Stone & WebMWm i<ster Securities Corp.; W. C. Langley & Co., and E. W.
: - Clark & Co.
v.'
r'y-"-7;' '7-7 ]' ■;
?7 ] ;-7
9,500,000 Gatineau Power Co. 2%%
...
Power
cumulative
.
r«'t|*tf>&}■
Hills
550,000 Chadbourn
v
Hosiery Mills,' Inc. 25,000 shares of common's
stock (par $1),
Purpose,; repay notes, expansion, etc.ii
Price, $22 per-share.
Offered by same bankers as offered
the preferred stock (see foregoing)'.]
^ "
j-
.
*
.
290,000 Dyke
Smith, Ark. 4 % ' sinking fund deben-;
Purpose, working capital.
Price, par.
Edward D; Jones & Co. and Metropolitan;
Bros., Fort
tures, due 1956.
-
Offered: by
.
*800,000 Southern' California/Water.
7
ferred
-
'5
]
stock:. 4 %;. series.
-
($300,000);
Co.
'
(par. $25).
improvements
to
shares
32,000
facilities,
:
pre-
pay
Purpose,;
f
of
loan
1,465 ,443 Coro,
($500,000).
etc.
mr:8t Lovis:C<L'.
.U
.
t
' »
j
;
}
$26.66]
; 'Price;
'
-•
.
share. 1 Placed privately with six institutional investors through Harris, Hall & Co. (Inc.) and
Kidder, Peabody & Co.
.
.
United
■
'-4^
"«v
*1,250,000 Langendorf United Bakeries,]Inc., 3Ys%; loan; due serially]
June /l,: 1947-61. ' Purpose. refunding ($160,625); repay
bank Joans, capital .expenditures, etc. ($1,089,375). ' Sold
privately to . Equitable > Life Assurance Society of the
•
v;:-y:.
.1,;
per
12,000,000 Southern New
{
capital
States.
-
300,000 Messenger Corp., 15-year serial debentures.
Purpose, re¬
funding ($152,800); betterments to plants, etc. ($147,200),
Price, par.
Offered by The First Trust Co. of Lincoln,
<X
$100).
Purpose,
repay
advances
to
(Am. Tel. Si Tel. Co.); general corporate
Price, $120 per share.
Offered for subscription
purposes.
to stockholders.
,
'
!
1
: -
y,\~\
-
•'
(par
•
^
''
-
''
i'
.
,
of
stock
common
(no
par).
,7 '
Thorndike, Inc.; Clayton Securities Corp.; E. W. Clucas &
!<■ <rf yCo.i Cohen, Simonson 8c Co.; Cohu- «Ss Torrey; Francis I.
4
%
du
1
'
Pont
$31,915,594
1
-
*
&
Co.;
First
Kirkland
Kidder
&
&
Co.;
Co,
Securities
Hanauer 6c Co., Inc.;
Jenks,.
50,000,000 (Joseph E.) Seagram ] St Sons, Inc. '20-year 2V» % deben¬
tures, due 1966.
Purpose, refunding.' Price, 99V2 and int.
Offered by Harriman Ripley & Co., Inc.; A.-C. Allyn and
Co, Inc.; Bacon, Whipple & Co.; Baker, Weeks & Harden;
shares
construction: of plants, working capital, etc.
Price, $24.50 per share. J vxierea to stockholders.
snare.? v Offered
10
si
Unsubscribed ;shares offered by Emanuel, Deetjen & Co.;
Bache & Co.; Blair 6c Co.,. Inc.; J. C. Bradford & Co.;
Buckley Brothers; Burr & Co., lnp.; Childs, Jeffries &
C
••
r,
7,V';:;x-y?7'7 '
parent company
...
'
t
•
telephone Co.. 100,000 shares of
England
stock
7.
59,814
v;-'""'>'?" Purpose,
■
■
Inc.,-
Ira
Cohn
Kiser,
of
Chicago;
J.
B.
Haupt & Co.; Hirsch & Co.;
Johnston,
Co.;
Lemon
&
Shumaker,
8c
Co.;
A.
Inc.;
M.
Laird,
IRON, STEEL, COAL, COPPER, ETC.
$55,662 Boone
County Coal Corp, 2,22614
shares of
(no par).
Purpose, general funds.
Price,
Offered by Janney & Co, ,
stock
share.
150,000 Gabriel
Steel
Purpose,
par).
10,000
Co.
shares
of
vorking capital.
$25
per
stock
common
Price,
common
$15
299,250 Davis Mfg.
Co, 26,600 shares of common stock (par $1).
Purpose, capital purposes.
Price, $11.25 per share.. Of¬
fered by Nelson Douglass 8c Co.
(no
share.
per
*136,000 Dazey- Corp. 40,000 shares of common stock (par 10c.).
Purpose, general funds.
Purchased by Scherck, Richter 8c
-
Offered by Grouse & Co.
I-..,;
Co. q,nd
$205,662
]
Boston
Corp.; First of Michigan Corp.; Folger, Nolan Inc.;
Olore, Forgan & Co.; Glover & MaeGregor, Inc.; Goldman,
Sachs & Co.; Graham, Parsons & Co.; Granbery, Marache
1r
MOTORS AND ACCESSORIES
7
I
$10,000,000 Dana Corp.1100,000 shares of cumulative * preference
stock, 3%%,- series A (par $100).
Purpose, prepay bank
p
-J * ^
loans used ,for
working capital, etc. •
Price,
$102 per
share.
Offered by Merrill Lynch, Pierce, Fenner & Beane;
Morgan Stanley & Co.; Drexel & Co.; Glore, Forgan &
Co.;
»
&
?:«MSSS
Laurence
Weld
Co.;
.agam,
M.
&
Brothers;
Carl
&
Co.;
A.
Wh|'iting, Weeks
Co.;
Loeb,
E.
Masten
Rhoades
&
Goldman, Sachs & Co,; Harriman Ripley & Co., Inc.;
Peabody & Co.; White, Weld & Co.; Clark, Dodge
Dominick & Dominick; Graham, Parsons & Co.;
Hornblower
Co
-
..
Marks
Dean Witter
M.
&
Weeks;
&
Co.,
Stubbs;
&
and Harold E.
&
Co.;
White,
A'!
Webber,
Co.;
W.
McDonald
Jackson
Hutton &
E.
Co.;
&
&
F.
Co.;
Laurence
Moseley
S.
share.
Co.ii:^£
The
1
-
&
'
Ohio
Co.;
cumulative
share
and
be added to general funds.
Offered for subscription
to common stock-
Unsubscribed shares (149,121)
holders.
,1?
Whelen
preferred
proceeds will
Corp. 20-year 2%% debentures, - due July 1,
Purpose, refunding.
Price, 10114 and int. Offered by
-Eastman; 'Dillon- & Co.; The" First' Boston 'Corp.; Glore,
and Biddle,
& Co.,
Motors,
Inc.
155,145
shares
of $4.50
stock, series A (no par).
Purpose,
Price, $100 per
15,514,500 Willys-Overland
_
$53,340,000
$20,000,000 Sunray Oil
Baker, Watts
Co.
offered by Kuhn,
div.
1966.
i
t-1, <4
.
Go1.:
-
&
HornbloWer
Weeks;
W]
C.
Boynton
,
Lemon
debentures due
1971.piijrtidse,
of
-,
.?'•
Muiutt
refunding
:
,
$125,000,000
-
V '
7
.■
:
.
MISCELLANEOUS
,
*$2,000,000 Ilenke
TiHot,
&
refunding.
Life
mtge.
loan.
table Life
,
;
;7v7?
Laurence
Co.,
Inc.;
Union
Stein
Bros.
Securities
and Dean Witter & Co.
stock
funds.
to
3.4% mtge. 20-year loan.
Purpose,
privately with Northwestern Mutual
Cold ' Storage
f
refunding.
Society of the U. S.
Purpose,
Assurance
of
a
no
stated
par
Motors,
Corp.;
Co.;
par
value
are.
taken
at
G.
Corp.;
Stroud
Walker
H.
&
Co.;
&
par,
while
stock
pre
are
-
<
& co.
,
'
1
.
;
: *7,500,000 Genera-1
Cable ] Corp. 150,000 shares of' 4%-' cumulative/;
777..7
:
convertible ? second
preferred stock (par $50).
Purpose,
refunding
Price, $50 per share.
Offered in exchange
for
7%
preferred stock.
Unexchanged shares (75,767)
offered by same bankers as offered the 4%
cumulative
first preferred stock (see foregoing),
.
]
.
250,000 Glacier
.
Inc.
310,290
stockholders.
7
7
Frozen
common
stock
equipment,
shares
will
Fitch
I.-'
for
to
,
pose,
Offered
by
&
Processing
convertible
funds^
Kidder,
Co.
preferred
Price,
15,000
stock
$104
Peabody
&
"•
Co.
and
S.
and
div.
Dickson
' I 7
2,000,000 Atlas Imperial Diesel Engine Co. 40,000 shares of series A
cumulative
funds.
preferred stock (par $50).
Price, $50.75 per share and
Purpose,
div.
&
Co.,
Inc.
.
t
per
share.
Offered for sub-
(Continued on page 1204)
,
^
-v";-, Y "
(196,-
shares of 4%
$100).
Pur-
R.
Class - A
plan,
E. M.
■
tables on the
the July and
the
seven
months figures with
those
for. the corresponding periods in the four
years: preceding,
thus, affording a five
year comparison.
the
following
share
of
Corp.
(par
per
shares
'
gen¬
;
general
125,000
subscrip-
shares
'
•
.
($443,739).
Price, $16.75
scription to stockholders.
common
added
be
Offered
Unsubscribed
Inc.,
$1)7
Purpose,
purchase of
$2 per share.'7Offered by
Price,
"
"
of
Foods,
(par
etc.
1,089,939 Grocery Stores Products Co. 65,071 shares of capital stock
7
(par 25c.).
Purpose, refunding ($646,200); general fuhds
;
OTHER INDUSTRIAL AND MANUFACTURING
$1,500,000 American, Yarn
common
,
Mason-
;
Purpose, proceeds
Price, $20 per share.
common
& Co.
value and all classes of
their offering prices.)
Boyce
"7.."'
.
at
Offered
,
In
Co.; 314 %
15-year 1st
Sold privately to Equi
,
stocks of
&
purchased by Willys Real Estate Realization
173)
7
stocks
&
(par $1),
eral
tion
: iUtliO '
Stocks
computed
Marks
M.
Wertheim & Co.; White, Weld & Co.; The Wisconsin Co.,
cumulative
ferred
Re¬
Central
Johnston,
Kidder, Peabody & Co.; Ladenburg, ThalC. Langley 8c Co.; Lazard Freres & Co.;
6,205,800 Willys-Overland
;
$2,600,000
(Preferred
Sherrerd;
&
Co.
Terminal
$3; per share.
Price,
-
W.
Scribner;
&
Deane
$31,720,300
•600,000 Produce
Butcher
Hagan, Inc.; F. S. Moseley & Co.; Maynard H. Murch &
Co.; Newhard, Cook & Co.; The Ohio Company; Reynolds
8c, Co.; Riter & Co.; The RObinson-Humphrey Co.; Singer,
Inc.#
Placed
Insurance
"'
1
,
companies
000,000.
ovoi
.
7
'
insurance
,
by Frank C. Moore 8c Co.
'
r
*25,000,000 Superior Oil Co. 2%% debentures, due Juljfffl,0(1966;' Purpose, refunding
($9,600,000); capital! purposes ($15,400,000). Placed privately through Dillon,- Read;& Co., Inc.
2^4%
Co.;
Co.;
-11,?/ Lehman Brothers;
y
Placed
privately with a group
through Dillon, Read & Co. Inc.
&
&
mann
Moore, Leonard & Lynch, and Rogers & Tracy, Inc.
•80,000,000 Texas Co.
Inc.;
(Inc.); ColJin, Norton & Co.; Eastman, Dillon &
Co.; W. E. Hutton & Co.; The Illinois Company;
Inc.; Laurence M. Marks & Co.; Kebbon, McCormick
Co.; Stein Bros. & Boyce; Loewi & Co.; The Milwaukee
Co.; Piper, Jaffray & Hopwood; First California Co. Inc.;
&
;
'
'
-
Co.
'
Co.,
&
public Co.
Webber, Jackson & Curtis; E. H. Roillins'& Sons Inc.;
,Riter'-Cov;: Graham, Parsons & Co.; H. M. Byllesby &
r
7-;
15,000,000 General Cable: Corp. 150,000 shares of 4%
cumulative
7 ; 777771 i first* preferred
stock: (par $100).
Purpose, refunding.
Price, $100 per share.
Offered in exchange for 7%7prey(
ferred stock.
Unexchanged shares (75,767) offered by
-7-.
Blyth & Co:, Inc.; The First Boston Corp.; Goldman,
■t
Sachs & Co.; Harriman Ripley & Co., Inc.; Kidder, Pea; r
*
•
body & Co.; Lehman Brothers; Carl M. Loeb, Rhoades &
T
Co.; Mellon Securities Corp.j Stone & Webster Securities
-"'7 1
Corp.; Hayden, Stone & Co.; Hemphill, Noyes & Co.; Lee
^'Higginson Corp.; White,:Weld & Co.; Baker, Weeks &
\
» 7'
Harden; A. G. Becker & Co., Inc.;; Alex. Brown & Sons;
Central Republic Co. (Inc.) ; L. F. Rothschj'd &,Cq.; -Dean
-i * Witte* &
Co.; The Wisconsin Cb^ and Henfy Herman
1
Paine;
Langley & Co.;
by Buckley Brothers.i
'
Forgan & Co.; Goldman; Sachs & Co.; Kidder, Peabody &
Co.; Lehman Brothers; Smith, Barney & Co.; Lee Higginson Corp.; Hayden, Stone & Co.; Hemphill, Noyes St
<
Offered
eral corporate purposes.
Co.;
.
500,000 Sterling Electric Motors, Inc.# 15-year 5% sinking fund
debentures, due May 1, 1961.
Purpose, construction, etc.
Price, 100 and int.
Offered by Maxwell, Marshall & Co.
"y"
Co.;
Weeks & Harden; Stein Bros, & Boyce; Hallo well,
Sulzberger & Co.;- Hawley, Shepard & Co.; Janney & Co.;
Johnson, Lane, Space and Co., Inc.; A. E. Masten & Co.;
capital.!
297,000 Fox Metal Products Corp. 99.00Q shares of common stock
(par $1).
Purpose, liquidate present- obligations and gen«
M.
&
Wisconsin
The
Curtis;
Baker,
The .Wisconsin
Wood &
&
Paine,
Laboratory, Inc., 10,000" shares of series A
preferred stock (par $20).;:,- Purpose,
Price, par.
Offered by Kaiman & Co.,
cumulative
working
77.7?;,7,77,,.''-'v\' ''
Co.;
Marks
Lehman
■'
299,251) Electric Power Equipment Corp. 99,750 shares of common
^
stock (par lOc.).] Purpose, working capital.
Price, $3 per,
Kidder,
7
Corp.;
4%%
:
.
-
•
?7:V
Allen 8c Co. for, investment at $3.40 per share#
200,000 Economics
,-
"
general
by
Offered
comprehensive
pages we compare
-
;
Total
$
-
59,812350
416,976
"
Refundi g 32,719350
9.65 .850 3,415,0
$
43,750 9 L50 2,0 70 59,812350
5,9 5,8 0 750, 0 25, 370 7 6,50
—1942 Refundi g
$.■:••;
"
32,7-19.350 Zr•■1. 'V"T'.-2/0 ,0 J;072,093v.
-VH.
■* •
Capit l 27,0930
$
416,976
27,509 76 2,51,0 10,724 76 40,79 52
New
3,70 , 0 2,6 5,0
$
Capitl
New
18,530 "215",0
<g
56,120 15,0 0 1,50 0 2,142,50
-—
"v
At>.-
.
5,9 5,8 0 750, 0
^:'r'?•~^
25,370 £T~7 ~6750
32,719350
.J-/A
416,976
416,976
"
-5; 3,70,0 2,65,0 18,92 76 "21576 6 2,0 ,0 27,509 76
■
■
^
6,70 , 0 24,87.0
Total
84,75 0 35,10 49, 2 61
T_.
;
A
Total
4.16,976 990L 2,"6 756 60,29326
5
A
Zy^h z
.A
9,65 .850 3,415,0
-
—^
1
V
416,976
!V»"
-. v
A-
-
~~*r
416,976
'
~
f
— 32,719350 32,60 36,59305 10,572403
$
-1942
Total
60,29326 34",'750 47,31 829 142,3 15
$
A-
A
15,0 0 •r^.fA
18,0 0 ir925~,0 570 ,0 56,120
3,04250 6,70,0 24.87,0 46, 250 1^925^0 5,0 70
13,64250
•
>
•
A':,"
Refundi g 50,250 15,0 0 5 430
169,37
65,7980 "V•".. 31,05 0 42,154 0
$
1943
i.:
vrf
138,90
"A
. 19,740
Capit l 6,087,0 120,0"9457 2,142,50
4,025,0 7,3 7, 61 30,57461
—v-r—
New
Refundi g 6,70,0 24,0. 0 17,0 0
-1943-
,
50,250
"~8W0
6,087,0
Capit l
$
'
New
6,70 , 0 24, 0 0
0 ,0
1?
»:v
w
'?&■
;;;
Total
18,3610 26JL97250 4,590,51
•219,08
—194
A-r—.v
W-:
$
-•
->
Total
57,32 813
.
657,19 0 250,62^08 53,718,29
Total
,47623 A:v.' *rT"xm"»y>nS iV'^-1 -;v.y_ -t]i:
$
108,4360 28,5 0 106, 0
657,19 0
.
■
V
'v:.r
,
•"•-
"i;V'-Ar 1i^
•'•
V::
-\xrZ•
5,0 ,0
108.436,0 290,6230 106, 0 251,347892 125,0 0
-
>•:
y:.i 749,-2143 «• 19,580 31,2480
Refundi g 623,10 72 126,40 173 416,350
20,93 0 5, 0, 0 2,487,50 2,67 460 682,853
$
i-
New
A-691,53209 201,40 6,450,40
$
>;-•,2'i.•
140,7358
'.
Capitl 20,930 5, 0, 0 50,0
1,59716 1,50
-
Refundi g $4•' ; 47,6810 60, 0
:
26,597 „^MTOJFYUHEINVLAERS
FTMIONJFYAHUEICVALRRGS
New
^§1X;8,360
-
;
'4
Capitl 47,623 5,Tl38Q0 4,590 1
Z'T
v'."-
20 ,0
16,75298 :'■- 27,450 2,430
Refundi g 140,73 58 21^0540
$
^
—194
-,
^
Total
27,45 0 34.02,196 1,70,0
80. 8,957
'*
-..
.
|12A576985,,4308
129,928423011,76,,2j483p83-7605549 ONICGSFTSOURRENPOHAUIFPWEAIRED
FLGFOACVOMERRUENPNMIIGCNPDATAT,,
- ZZ
fGtFfuborehavornoamSdglrtinudnnmiyesedycslscp. manufctrig hoeldtincg., . manufctrig hoeldtincg., J- ' 1 ■, fnauctxlig._ t._A - hoeldtcng,i._ _manufctrig i Ihoeldtincg., 3376962V7,19456,14.,"535J30.20
$
-1045
'
'
.
-1945
Refundi gV•~j 94,8 0 28,5 0 105, 0
.623,107
$
;
•
V
>
Capitl
$
New
Total
•—t
34,09 280 124, 907 53,0179
457,0 0 146,95 0 107,6932 54,0 0
Jt.- 39,67359
Refundi g 274,3 25 58763,762 12,76392 54,0 0
32,90 7,680, 0
■
Capitl 182,7435 8,2 28 95,1-7230
New
36,5430
New
.i
.
•. 124,70 491,03
;
57325,0 0
34,0928
-r'AV■
-
:
A;al
Tot
Refundi g 10, 0 15,320
$
-1.946
$
New
;-.
V/'•-;
.
■-..r
92,76234 30,27195
A';V:5J-
:
'A
50,82 957
51,7 0
20,8170 307,2 0 2,50,0
CAHARNTDE Capitl 10,870 152,0 0 2,50,0
40,27359
$
SOUM FARY
Capit l $ 13,4520 LOChO /
1,830, 0 35,20 540
76,2162 32,90^ 132,50
$
-1946
21,6396
..
:
9,260, 0
2,60 , 0
51,3 425 109,6 0
31,95 94 205,6 2 317203 102,4891 10,3*750 6,125,0 71,80 65
328, 3425
7,250,870
i'"
-.
2,0 6.57 15,40 0
182,7435
20,8170 39,2594 2,70562 31,7203 15,8291 135,70 6,125,0
74,08 65
y
-
9,08 ,10
98,047609 19,750
24,6 724 205,6 2 3l7~203 5,7507 6025,0 65,328765 183,79 458 10,870 176, 472 2,705,62 31720,3 57,8152 15.40 0 6,125,0 65,328765
.
--Jx
A.k-
no.tes notes. notes agencis&. include Notes- . • Notes- etc. i- •
'211"5732406,4,6,5,83A293615289
17,946720
13,4520 3,941,30 .1,0 10,51234 30,27195
6,480,1 0 70,84 154 10, 0 162,5708
46.734,18 10,3750
-
>
94,8 0 286,7106 105, 0 150.296,58 94,72805
JULY bonadnsd bonadnsd bonadnsd corpate. Itoal OFJULY
fdignurooest LoBngo-aTnendrmdsRailroads utiles Equmiapnmufectnrets andoi Indausntridl ; bueildtncgs, Miscelanous SBhoort-anTedmsRailroads andoi indausntrdl j. Miscelanous Railroads andoi indaustn*dl Misce:lanous Railroad_sJ andoi indausntrdl Mi-spoUaneus coserpcuriatte
CGanovedrnimant foregoivgernnm tLGoaanvnd,Municpacl—itSteess,,SPotaeisn
; Inttvrreaustdmsinng,, utiles- scctooepall,,,Equmipanmufectnrets bueildtc.n—gs:, Inttvrreaustdmsinng,, Stocks— utile_sj sccetooeptall,,,Equmiapnmufectnrtes bueildtcn.gs, ,_LInttvrreaustmdsinng,, utiles sccetooeptall,,,Equmipanmufecnttres bueildtngcs, Inttvrreuastmdsinng,,
sccetooeptall,,,
Other
Total
Grand
Other Farm United
*
MONTH
♦These
Total
*-•»" '• ■
Total
Total-
Total
-•
OF
DtCorpae— omestic- Long-termShort-em Pre'sftorcekd Comstocokn Candian- Long-termShort-em Prefsrtoecdk Comstoockn foreign- Long-term Short-emPrefsrtoecdk Comstoocnk
MONTH
Public Iron, Motors Other Land, Rub er
oil
Ship ing
Public Iron, Motors Other Land, Rub er
Oil
Ship ing
Public Iron, Motors Other Land, Rub er
Oil
-
Ship ing
Public Iron, Motors Other Land, Rub er
Oil
Ship ing
%
Total
421,875
63,247350 97,045908 14,06918
Refundi g 251,8 790 7402,1 ". 2,692,570
$
-1942
C4a-p>it l 41,365 0 :8976473,08 1,8261
421,875
New
Total $. 38,2570' ■37,0 39,46239 18,54 78
27615,9,97848341#
261,750 140,89531 64,517
V
y
Refundi g 273,846 03 15,0 0 18,451793 3,568, 0 18,0 0
40 ,0
3,40284 27692750
47o 76o
26,5 96- 51,87409 15,0 0
2,53,20 5,921,875
9576 6
31,75 80 285, 970 2,0 ,0 3,0 ,0 289,5679 129,0 0 4,6 ,50 2,53 , 20 28,1 875 75,98431
54,69 7 15,0 ^0 2,53,20 9,21,875
20,959
5,9 5,8 0 183, 624
-
47,52 710 17,625 0 2,631,50 4,0,0 261,97 184
25,80 0 10,421 6 2,0 ,0 3,0 ,0 24f) ",269 1 ,37450 2,015,0 9576 6 2,53,20 23,71875
~
J
514,073
|
Total
$-:T<\
93,649.0 149,6870 3,250 520, 0 136740 6 "10, 0 7,158,0 2,05 0 6,793,0
82,0380 7,0876 1,793,0
15,0 0
*
328,672 90, 0 26,~3l'0 193,4801
-1943
Refundig$. 63,180 7,90V'.1- :
Total
27l62~406
53,49 86
15,0 0
93,6490 15,78940 3,250, 0 520, 0 207839 6 10, 0 7,i58,0 2,518,795 8,793,0 498,51 8
2,0 ,6 0
7468,795
63.18,0 137, 90 19,04276
2,0 473
If
1,7936
768 5
2709,60
520, 0
30,46 0 14,0 40 3,250, 0 10735,10 10, 0 150, 0 2,518,795 7,0 ,0
12,750 41,2840.2 1,9.750 18,473650 10,3890 45760, 0 l79057608
5,0 ,0
^
•
•
;
176,05 0 397,0 42 19,8750 310,923650 89,3 90 19,2650 45,0 79,02 08
6377025*67
12,04 382,17950 10,4 0 132,57491 38,06714 19,2650 45,0 0 34,9275
2,0 0
New
-
.
J
/i
;y
$20, 0
Capitl 30,460 1,908 0 ?-3,250 457316 97 10, 0 150,0 2,05,0
>
37,0 0, '-
37,09 0
y;
a
"
Capit l $ 109,4 197 2,0 0 21,0 60 14,9801
New
\,70
New
c;
-1943
IOQ To .
2357o0,6 14,0 0 4,6 ,50 ^"9576 6
Capit l 'Sif.'- 25,80 0 74,8620 2,0 ,0 3,0 ,0 1907l6fL8O 96,37450 2,015,0 "9576 0 i78o"76o
498,51 8 90^ ,0 28,105 315,70298
:
25,30 2,0 ,0 3,0 ,0
—1942- Refundig 5,95,80 180,43580 4,83 140 17,625 0 '2,63150
Sta es.
514,07130 73,950 238,97 43
20,5 0
&«■
Total v$' . 31,75 8 0
35,60 379,82974 1,4925,78
1
r~^60,795
._53?746a
"•
*
.
_.
10, 0 750, 0
120,45 0 79,20 0 19,2650 50,0 15,0
67,";
?
_
2y8123,70468-,84299927;530PrM6y"incFE'^oTNd^ecawI*R"TetF3shbuhvser"fKQS~plant~51dfx~iutnaJhg'ligcylb;••/•■-!..<sJFE3MSUNOUAJiHDvNALR1[VTTISYEHD 6451"30,989316,6987720^2$,.47Q. 150283,,99017636-472\489,$y5 321"86,9-75206-4,3.10479*8V,85
YE^FM3TSFUNAMQIOiUDyHApNLV1XRCRDP£GL
Rfeundi g 65,803 2 10,75 0 173,09468 3,13,583
86,70362$
10,75 0
$
-194
4570 , 0
"
$"-• 8,150 7,50,0
Refundig 12,04 39,40 1,0
:■*
.6,74052 1,98750 10,7 24 10,3890
54,02 0 14,925 9,48750 178,34 9 -51,27 53 ^50 ,0 0 4752 3
80,30
«6,748—.34, 3290, 0.7 5,0 ,0 360,15391094,50 0 14,8~50,926 16,5273
829,13780 1,046530,81139,80 5,0 760 64,01 3018,50 0 3,57,0 49,850,926 9,2376 16, 237
80,30
57,8^30- ~"237,5bo :145,29786 61,4 905 Q00
750, 780 1,02836 0 137, 920 39,75064 127,41905 3,215,0 3,09720 4732",0 64,32 04
•
Capit l
New
Total. .ly
$"
Refuntfi g
-1945
Capitl 54,02 0
"y';£Y$
74,58715 41,32853 ■7^6oip 357649 05
Total
20,57968 2,0 ,0 91,58 2 37,93 27
30,847120 94,0 0 3,57,0 35,0 ,0 9 9,23~0 50,1 0
New
2,37196,20 4,0 0 541,32905 18,954289
2,10853712 4,0 0 .298,613 12,5472
Refundig 74,0: 926,50 130,
"'
"
/,
194,527 6,0 0 3,215,0 26,509720 473276 26,8 720
4,0 0
—
237>50
37,6 ~32
57500,
Y
77
7."
'
87350,926 78,92570
79,06 0 18,94601 2,5 08 4,762,50 324,5039 ,610589 3y60. 16,841206 4,90,0 102,38 5
3,1250 36,72-436 ,2615 907f65, 9 64,0843 "36,80 1 6,502 0 1,40 30 1,02 81 1,42 37-. 29,01 5
593,180 1,2905 436 68,562 102,"65 9 891,4583 62,301 15,6150 52,84930 1,02 801 27,5327 328,45 1
812/718
812^718
561,9 0 1,0256713 30,6250 314,7 2 527,4327 4,359,0 2,819,57 48,362419
8,96 0-1 1,452,08 4762,50 914,85602 '3,0589
Capitl "7799,0,066 00 9,25,0 1l.,O0Q,O0 109,34 8 28,0 0 360,0 8,490,280 479~d6,o5 -23,4180
Capit l 263,94208
$
1,837>9?
2,;16233,990741$1?0$68 361051,8,39974642252•
If"fbSrumnddostHa"ilcnpealcre~sT53 ACONGOSNRR$EPV^UfFW/EPyTI 5:| 3,921r58,4679467;3
LFGFOOAVREREINGMN.CJPAT,T, •/":.T,f Yy'.f :4-l_ 3;,291$,4869767435 4Z' 5,32217,46804 tMPhnrof-vQiucdbe Z—' manufctres-—.1 manufctrig—. etc. etc._4'-"manufrsl—".jnau|ftcbihg_- —y_'etc. ■uUlieB_=~.-^vrtc— manufctrig—- etc. I". zy etc.'_
Ne-y
New
3,125,0
Total $-" 2,47196,0 847,1098 537,6 213
V.l,
-1946
„
Total
8, 42,50
S
125,0
593,180 951,2 0 42,50 0 12,5067 0 246,580 589,0 9,159,0 41, 450 16,T3276 9,31250
r
/
/
1
,
&,$■-
T0T5OO
7,50 , 0
Refundi g 2,140 408, 7. 4'61,2468 12,0
$"'1/. 1,927086
Refundi g 561,950 768, 2594 <25,0 147,8905 516,7842 4,3590 50 ,0 5723 70 2,90267
Y
.
73,w4150 578,1 60/<V■.
8,741,0
Capit lV$;:■ 54,90724 1,0 .0 438,6170 476, 154
New
;
•
50,0 0
2,064,0
$
-1946
y
fV-
-
-
ACjliANR^DTE
•
f
OSUMF^Jty
Capitl
New
2,056718
31,203 0 182,5 406 17,50 90 12^50 0 9,35942 72,31573 "4,80 0 *;9#0,4 50 6790, 0 76,409873 $4,907394
I
i
436,0 0
•
ry$~6 76o
75,0 0
2,140
V1,01,0
•254,8391-
5,625,0
27319,57 2,69725
167,5269 10,9750
25,40972
;
469,802
V
150L72
'
.
-81,6795 20,53 62 897352,91 476,83174 25,8 10 6,502. 0 9,084,3 1,021,801 .9,152 03,6123 V923,81965 31,203 0 264,8 301 36,9062 017952, 1 576,416 98,5 673 1,30250 50,293 1,021,801 16,05 12 280,96
f
/
3
'
rf
r
JE3UNDL1Y V*Y'■>.Z>■<f•.,bonan^jntde_ssdi :_i lstoc-kI-;4Z—st~ock—., 'fyr4••./'.Y-,bo;nanotnedsd_sZ1". :stock. "-scot _.'4 fforeign— bonanodted—ss _IPIres'ftolckd!—s4toc_k,1 corpavtei:_^„-, Governipt^-; forgeimgernzi—GpaL-av.nncttdf.Municipa,l——&S_tes;PSostaeei.ns1 toal— frbE*iTnoudge~"od^'eurtln^ocbulieg£daesn
MONTHS Corpate— Domestic— Long-term Short-em Prefred Com on Candi— Long-term Short-em Pref red Com on Long-term Short-jem
Com on
Other
7
'
"
Total
Can dian, Other Loan
Farm
'*
*
United
Grand
>
fsThe"
*
*
J3EUND1LYNBoteoasn~nd"ds ——I1"_ utile~1s_ eccotopa.lr,, Iacesor.i inadusntrdl bueitlcd._ln—gs. , —thtrrpauldsing,,'X__I NBotoeasn—ds utiles- ccoopaelr,, acesori inadunstdril bueildtncgs, "_i—iy_„httrroauldsng,, coper.co,al, manuft-—Iacesori indaunstrdl "bueiltdcn.gs, ' httrroauldsing,,1IU_. *u1til_es eccootpalr,,I—manuf acesori indamuasnnutfrcdtlrig;Ibueiltdc.n—gs, '.thtrroaulddsing,, —1_ ;sceocrpu.ritate
MONTHS Long-Term Railroad—s ste l,Equipment Maotnodrs
7
Public Iron,
Other Land, Rub er
Ship ing Investmn
Miscelanou'
Short-Tem PubhcN ste l, Equipment Maotnords Land,!Rub er s:hip ing Investmn Miscelanous
Iron,
Other
Total
Stocks-— Railroads Public
ste l, Equipment and
Iron, Motors Other Land,
:. Railroads ste l,Equipment and
Ship ing Investm n Miscelanous
Total—
Public Iron, Motors Other Land,
Oil
Ship ing Investmn Miscelanous
Total
TTWffW rWp»W.ltR® ftTTT"
THE COMMERCIAL & FINANCIAL
1264
1201)
(Continued from page
7
Purpose,
share.
Offered for
by
stockholders.
Unsubscribed
^ha^on(6i76p)0 .
Pirst
White, Weld & Co.; Eastman, Dillon & Co., The F
Boston Corp.; Harriman Ripley At Co., Inc., Hornblow
s
Weeks;
Kidder,
Peabody & Co.; Lee Higginson Corp.,
Merrill Lynch, Pierce, Fenner At
^^v^ A Co '
Corp.; William Blair At Co.; Paul H. Davis & Co.
Morr
of
'•:V:7-
(par. $5).
stock
common
$32.50
Price,
Mirris
250,000
7
McCormick & Co., Spencer Tira
Whipple & Co., and Bosworth, Chanute,
At Co.; Bacon,
Loughridge At Co.
"
wertheim
At
7;'7
;
■
9-
■9-77777 77 •'
7'977
■
270,000 Tyson
$9
77:
Inc.;
7
7
V
;
(
777:77:7
L.)
(B.
stock
Lemke
Co.,
&
preferred
stock
Price, $52.50
(par
Milwaukee Co.;
The
■
common
cumulative convertible
Manufacturing
(par
*
800,000
79!.9''7'
$1).
897
,-7
*
.
stock
(par
Merrill Lvnch.
Brothers:
Pierce,
ards
"•
& Co.;
Graham.
E.
H.
Cook
&
Sons
Co.;
Peninaton,
G. ,H. Walker
Scribnfer;
7
Piper,
$975,000 All
7
Colket
&
&
,
Co.;
Jaffray & Hopwood.
J.
'
-
M.
77;,'".!
7
,7...; ,7:-'-.
etc.
Price,
360,000 Prestole
,
,;7';;-V77
$10
and
Corp,
P'lrnnae.
:
<v*«red
60.000
purchase
by
Ball,
& Co.
-•7.7
share.
per
Offered
by
Ball,
V
shares
of
of
plant,
Burge
"■
&
;7;'"
;
50c).
mar
.
Brothers.
Inc.,
Purpose,
sh^re.
Offered
I.ehman
,
9:99#^777
stock (par $1).
Price $6
per
share.
Stoetzer, Faulkner
shares
of
funds.
Price
55,000
general
$16. per*
'
'
.
*Vl
Commercial
Investment
$26.50
Trust,
per
rl
Inc.;
'*
Adamex Securities Corp.; Bache & Co.;
Baker, Weeks & Harden; Blvth & Co., Inc.; J. C. Bradford
&
..77,
7
Co.;
Alex.
Deetjen
&
Brown
Co.;
&
.Olore.
Sons;
Courts
«fe
Co.;
Co.:
Co.;
Sachs
Hallgarten & Co.; Har¬
&
Co..
Inc.;
Ira
Haupt & Co.; Hayden,
Co.;; Hemphill, Noves & Co.; Henry Hentz & Co.;
Hornblower
&
Weeks; Kuhn,, Loeb & Co.; A. M. Law
Rin'ey
Stone As
Co.:
Co.:
Freres
Laurence
Paine.
"...«/,.
Lazard
M.
8c
Sons.
Inc.;
&
As
,
.
r
Co.;
Webster Securities
Stein
Co.;
Marks
Jackson
Webber,
Robins
As
Bros.
I.
Carl
M.
M.
Co.;
&
Newburger
Curtis;
As
-
S'mon
Loeb,
Riter
&
Rhoades
&
Co;;
&
Smith,
&
HanoJ
Co.;
E.
H.
Barney
Co.;
Cable
vertWe
1
Wisconsin Co.
shares
of
(par $30).
4%
cumulative
Purpose,
working
con-*
cap-
ner share and div.
Offered for suhscrinstockholders.
Unsubscribedishares (38,535) of¬
to
fered
C.
Co.:
bv
W.
Sonc;
Co.:
H.
Co.;
Sutro
Carl
Bradford
E.
and
&
63 276
stock
Price. $30
.
tion
J.
Corn.
Drefe-red
M.
8r
Loeb.
Co.:
Clark
Ac
Farwell.
Rhoades
Frank
Co.;
O.
Peet Ac
E.
Ac
Co.:
Cahn
B.
Cooley
ChaDman
Ac
Ac
Co.;
Ac
Co.;
Beer
Co.;
A,
G.
7'
Ac
Ac
H. RoUtns As
&
Co.;
C.
Co.; Piper, Jaffray Ac Hopwood; Prescott
Sons, Inc.; Wm. C. Roney Ac Co.;
E.
Unterberg
Ac
A.
E.
Co.,
and
'
r
Lemon
Hano;
Ac
Prescott
Co.;
Ac
Robert
Co.;
F.
C.
Co.,
Inc.;
Vietor,
Common,
Co.,
Ac
Dann
and
Drug
Co.;
First Boston
Corp.; Glore,
Ripley Ac Co., Inc.; Lazard Freres
Co.;
Stone Ac
Francis
Co.;
The
I.
Webster
duPont
Milwaukee
preferred stock
stock
Co.,
stock
$5.50
of
prior
to
Securities
Ac Co.,
Co.; Kebbon,
Stein Bros. Ac
Ac
Co.;
(par $5)
10c.).
(par
company.
purchase
Price, $10
one share of
cumu¬
and 30,000 shares 7
Purpose,
of
con-.
unit of
per
one
Offered 7
common.
Inc.,
54,000
(par 10c.).
fevW".'."1'.
shares
of
cumulative
30c.
per
unit
of
shares of
expansion purposes*
share of preferred and one
by First Colony Corp. and
Purpose,
one
Offered
common.
:
preferred
RFC.
stock.
Price,
$52
Purpose,
share.
retire
2.10
debt
Offered
per
cumulative
of
for
subsidiary
subscription
to
stockholders. 7 Unsubscribed shares offered by
Lynch, Pierce, Fenner At Beane; The First Boston
Lehman
Brothers;
Paine,
Webber,
Jackson
At
-7;7"77777';'' Kuhn, Loeb At
Co.; Blyth At Co., Inc.; Harriman
At Co., Inc.; Hornblower At
Weeks; Kidder, Peabody
mmm
Lazard
ster
Merrill
Corp.;
Curtis;
Ripley
At Co.;
Freres At Co.; Smith, Barney At Co.; Stone At Web¬
Corp.; W. E. Hutton At Co.; Laurence M.
Securities
Marks
At
Co.; E. H. Rollins At Sons Inc.; Stein Bros. 8a
Boyce; G. H. Walker At Co.; Dean Witter At Co.;
Whipple At Co.; Baker, Watts At Co.; Frank B.
Cahn At Co.; A. G. Edwards At
Sons; Geyer 8c Co., Inc.;
Granbery, Marache At Lord; McDonald At Co.; Mackubin.
Legg At Co.; The Ohio Co.; Schoellkopf, Hutton At Pomeroy,
Inc.; Wadden At Co.; Bond At Goodwin, Inc.; Reinholdt
Bros.
At
,
Bacon,
,
{/(777
"**9/77.r'•%
:7:.i7/97:98s
At
Gardner; J. M. Dain At Co.;
Fahey,
R. S. Dickson At Co., Inc.;
First Southwest Co.; Robert Garrett
Clark At Co.;
At
:,79I7 MM
'
1
Sons; Investment Corp. of Norfolk; Janney At Co.; Jenks,
Kirkland
At
Co.; Johnson, Lane, Soace and Co., Inc.;
Kalman At Co., Inc.; Mead, Miller At
Co.; Merrill, Turben
At Co.; Pacific Co. of
California; Pacific Northwest Co.;
Skall, Joseph, Miller At Co.: A. W. Snyder At Co.; William
R.: Siaats
At Co.;
Stern, Frank At Meyer; Stix At Co.;
Cruttenden At Co.# Alex. Brown At
Sons, and *Equitabier
Securities Corp. "
" 7
'
7.999.V9
12,476,880 Maryland Casualty Co. 479,880 shares of $1.05
>79,9.77
998
convertible
Preferred stock (par $5).
Purpose, retire debt of
sidiary to RFC.
Price, $26 per share.
Offered by
bankers
!
stock
offered
as
the
$2.10
cumulative
prior
subsame
preferred
(see foregoing),
1,854,000 North American Car Corp, 36,000 shares of $2 cumulative
■:>;99X7 preferred stock (no par). /Purpose, advance to subsidiary ,777
; ,7
($1,000,000); reimburse treasury for investment in sub¬
sidiary; working capital ($854,000).
Price, $51.50 per > 7
share and div.
Offered by Glore, Forgan At Co.; Central
Republic Co. (Inc.); Hornblower & Weeks; Paul H. Davis
■'■77>7; At
Co.; Freeman At Co.; Riter
Co., Inc.; Enyart, Van Camp
t
Clegg 8c Co.
777
Jones
Putnam
L.
Ac
Ac
constituent
share
Ac
Masten
At
At
Co.;
Co.,
C.
Schmidt
L.
Inc.,
and
Ak
Hurd»
,
3,500,000 Rich's, Inc., 35,000 shares of 3%% cumulative preferred
y::C;77::;:9
stock (par $100).
Purpose, to finance Increased inven- -,7v';9
7v
tories and accounts receivable.
Price, $102.50 per share
77
797:7';7 and div. Offered by Kidder, Peabody At Co.; Clement Av
5 Evans At Co., Inc.; Equitable Securities Corp.; The Rob79inson-Humphrey Co.; R. S. Dickson At Co., Inc.; Johnson*
».
Lane, Space At Co., Inc.; Norris and Hirshberg, Inc.;
"«1
.'7
Scott, Horner At Mason, Inc.; Courts At Co.; Stockton : r 7/
..7Broome At Co.; Brooke, Tindall At Co.; Welsh, Davis and 777
779797* Co.; Watt, * Neal At Waggoner; Galleher At Co.,, Inc.; , 77
; 7'7779: Milhous,
Martin At McKnight, Inc., and Raffensperger,
Hughes At Co., Inc.
; 7j. ;7787
,
■
Ac Co., Inc.
9;79777 77,9;
,
7
.
'
.
Stores
Corp. 257,840 shares of common stock (no
Purpose,
general
funds.
Price, $47 per share,
Offered
for
subscription to stockholders.
Unsubscribed
par).
,
purchased by underwriters, viz.: Lehman
Brothers; Adamex Securities Corp.; A. C. Allyn and Co.
Inc.; Bache Ac Co.; Bacon, Whipple Ac Co.; Baker, Weeks
HardenBear; Stearns Ac Co.; A. G. Becker.Ac Co.-Inc.;
,
.
299,700 Southwest
Eastman, Dillon Ac Co.; The First Boston Corp.;
Inc.;
Goldman, Sachs Ac Co.;
Graham,
Mart, Inc. (Kan.), 99,900 shares
;7 : 7 of common stock (par 50c.).
Purpose, rehabilitation and
'979 L"7 7 enlargement of facilities.
Price, $3 per share.
Offered
7:,.79.77;
■
Nolan,
c°7
Ac
Co.;
Kuhn,
Hornblower
Loeb
Ac
Co.;
Ac
Weeks;
Lazard
Kidder,
Freres
Ac
Co.;
Stein
Bros.
Peabody Ac
Carl M.
77 77 11 expenses,
i Koller At
Co.,
Ind.;
Securities
Corp.;
,
Sells,
Minton
At
Co.,
and
'
etc.
Price, $2 per share.
Offered
Co., Inc.
>-7... '7'77.'9-7-,/'■ :>':77'9'77..
by
F.
EL
■
7""
'
*
3M,07c,<&fcipital funds.
Price, $101 per share.
Offered by Kidder,
Peabody At Co.; Shield At Co.; Galleher At Co., Inc.; Scott
.TrrAs 'Stringfellow; Davenport At Co.; Scott, Horner At Mason-,
7",877Ini.;7R. S. Dickson At Co., Inc., and Mason-Hagan, Inc.
5,000,666
7
$71,808,865
Farm Loan and Government
Agency Issues
9
par.
\
Newhard,
Meeks Ac Co.;
Cook
Ac
Co.;
Grubbs, Scott Ac
9
.United Cigar-Whelan Stores Corp. 50,000 shares of $3.50
convertible preferred stock (par $100).
Purpose, refund¬
ing.
Price, par and div.
Offered in exchange for $1.25
prior preferred. ' Unexchanged shares (9,601) offered by
7
".779 Allen At Co.
7 7,-•
7 l 7. >;••
....:-7';7->
Evans Ac Co., Inc.; Gordon
Co.;
798
.
Peltason, Tenenbaum Co.; G. H. Walker Ac Co.; Bateman,
Eichler Ac Co.; Bingham, Walter Ac
Hurry;
Clement A.
Westheimer
and
78;
'..•/.•97.7:';i
Credit Banks 1 % consolidated de¬
bentures, dated Aug. 1, 1946, due May 1, 1947.
Purpose,
refunding ($26,165,000), new money ($6,565,000).
Priee,
Burnham
79
>777
>7-
2,500,000 Thalhimer Brothers, Inc., 25,000 shares of 3.65% curauet-ei**latiV'e preferred stock (par $100).
Purpose, additional
Ac
per share.
Offered by
Kebbon, McCormick Ac Co.; I. M.
Simon Ac Co.; Hornblower Ac Weeks; Lee Higginson Corp.;
Merrill Lynch, Pierce, Fenner Ac
Beane; White, Weld Ac
Clayton
Estes, Snyder At Co.
298,000 Sullivan-Waldron Products Co. .149,000 shares of common
7-7. 7 !. stock (par $1). iPurpose, payment of product, promotion
Co.;
Boyce; Stone Ac Webster Securities
Corp.; Swiss American Corp.; Union Securities Corp.; G. H.
Walker Ac Co.; Watling, Lerchen Ac Co.; Wertheim Ac Co.;
White, Weld Ac Co., and The Wisconsin Company.
by
■
Parsons Ac Co.; Hallgarten Ac Co.; Harrison Ripley Ac Co.,
Inc.; Hemphill,, Noyes Ac Co.; Henry Herrman Ac Co.;
Hirsch
Merchandise
""
Blyth Ac Co., Inc.; J. C. Bradford Ac Co.; Clayton Securi¬
Ac
Ac Co.
Co.;
Co.; A. C. Allyn and Co.; Equitable Seers. Corp.; Courts Ac
Co.; Carl M. Loeb, Rhoades Ac Co.; Laurence M. Marks Ac
Co.; The Milwaukee Co.; Reynolds Ac Co.; Ames, Emerich
Edwards
Lemon
The
12,476,880 Maryland Casualty Co; 239,940 shares of
3,357,500 Chicago
&
Southern
Air
Lines,
Inc.,
170,000
shares
(v.t.c.) of common stock (no par).
Purpose, purchase of
plane parts, foreign route installation, etc. Price, $19.75
Co.;
Chaplin As
Johnston,
companyOffered
298,500 Long Island Airlines, Inc., 99,500 shares of common stock
(par $1).
Purpose, purchase of planes, airport ramp and
:i; 7997977 facilities and working capital.
Price, $3 per share.
Olfered by L. H. Rothschild 8c Co.
Rhoades Ac Co.; Merrill Lynch, Pierce, Fenner Ac
Beane; F. S. Moseley Ac Co.; Pacific Northwest Co.; Paine,
9/97,7' 7Webber, Jackson Ac Curtis; Piper, Jaffray Ac Hopwood;
7-777::;. Reinholdt Ac Gardner; Riter Ac Cof; L. F. Rothschild Ac
?
Co.; Shields Ac Co.; I. S. Simon Ac Co.; Smith, Barney Ac
.977:
Brothers &
(par $1).
constituent
Childs, Jeffries As Thorndike.
Loeb,
CorD.; Union Securities Corp.; G. H.
I-ercben Ac Co.; Wertheim & Co.;
White, Weld & Co., and The
1,898,280 Rome
7
7 ?7
9';-;77
Stern
Waiker Ac Co.; Watling,
n
■
Stone
& Bovce:
Ac
Folger,
^
"9;,9'9
&
Granbery, Marache & Lord;
riman
Ac
of
Price,
-
Sutro Ac Co.; Walston, Hoffman
Ac Co., Inc.; Frederick S. Robinson Ac Co., Inc.; Herbert W,
Schaefer Ac Co.; Straus Ac Blosser; Sutro Ac Co.; Taussig,
ties Corp.;
Emanuel,
Goldman.
'
,
7
-'
Forvn- 8c
stock
common
of
$23.50 per share.
■
'77
'-u
Brothers:
bv
Ac
7» ^-rV shares (17,940)
stock
common
Johnston,
9,9 ■"":■■■ Berwyn T. Moore
'.97.7-7'v>77'-;
i
Inc.;
Newburger
12,118,480 Allied
stock
common
Co.,
Day
9
7;:
par).
Purpose, corporate purposes.
Pric$,i
share.
Offered for subscription to stockholders.
.
McCormick
Co.;
and
and
(no
1,507,500 Reeves
Ac
common
common
Bingham, Walter Ac Hurry; George D. B. Bonbright Ac Co.;
J. C. Bradford Ac Co.; Clayton Securities Corp.; Coburn Ac,
Co.;
88,448 Prosperity Co., Inc., 5,528 shares of class B
•
Kebbon,
Ac Co.; McAlister, Smith Ac Pate, Inc.; Mead, Miller Ac
Co., Inc.; Moroney, Beissner Ac Co.; Nelson, Browning Ac
■
7
common
etc.
Kraus
Co.;
97977777
&
Burge
Stoetzer, Faulkner & Co.
Price,
dividend preferred stock (par $5i and 54,000
'
SKIIllllS
■
7779:
,
Kraus
7
7
Middlebrook; Cohu Ac Torrey; Dempsey Ac Co.; Doolittle,
Schoellkopf Co.; First Securities Co. of Chicago; First
Southwest Co.; Grimm Ac Co.; Grubbs, Scott Ac Co.; J, B.
Hanauer Ac Co.; Hanrahan Ac Co.; Johnson, Lane, Space
,
Supply Corp. 100,000 shares of common
Purpose, working capital.
Price, $4 per
Co.; Newhard, Cook Ac Co,; Pacific Co. of Calif.; Pacific
Co.; Stillman, Maynard Ac Co., and Weeden
297,000 Loew
Aviation, Inc., 100,000 shares, of common
(par $1).
Purpose, purchase of planes, expansion,
Price, $9.75 per share.
Offered by Van Alstyne,
Ac Co.; Francis I. duPont Ac Co.; Courts Ac Co.;
etc.
.9^77^713^,' Noel
'7
Singer, Deane &
Dain & Co., and
Co.;
-777., ;7 79777: 77
7
by Allan N. Young 8c Co., Inc.
American
stock
,'
i;"-v
common
working capital.
Price, $3 25
by Luckhurst Ac Co., Inc., and Reich
share of preferred and
v
:»99
.
Inc.;
and Stein.
of
Northwest
trol
Col¬
Co., and Yarnall Ac Co.
MISCELLANEOUS
225,000 Presfole Corp. 22.500 shares of 5% cumulative convertible
S-'
'
preferred stock (par $10).
Purpose, purchase of plant,
'•
Julien
Corp.;
Sutro
lative dividend
777:
,
;
Clarke
W.
Inc.;
of
Clark & Co.;
Stroud & Co. Inc.;
V,Spencer Trask & Co.; Wurts, Dulles & Co.; Yarnall & Co.;
Bacon, Whipple & Co.; First of Michigan Corp.; Hayden,
»
Miller & Co.;
W. H. Newbold's Son & Co.; Newhard.
&
Co.,
shares
300,000 Janet's Apparel Shops, Inc., 30,000 shares of 45c.
Goodwin; The Wisconsin Company; Bacon/ Whipple Ac
Co.; First Southwest Company; Grant Brownell Ac Co.;
Pacific Northwest Co.; Pacific Co. of Calif,;
Rauscher,.Pierce Ac Co.; Whiting, Weeks Ac Stubbs; Dewar,
Robertson Ac Pancoast, and Moroney, Beissner AC Co.
V*'
,
,
88,900
Graham, Parsons Ac Co.; Ira Haupt Ac Co.; Stroud
■
Ac
v
A;
..9/',,
Offered by Allen Ac Co.
.
Lester Ac Co.;
Paine, Webber, Jackson &
Parsons. & Co.:
Rollins
Richard
Schwabacher
1
ffJ "A' Curtis;
Brothers;
Ac
Co.;
&
Fenner
unsubscribed
Ac Co.
•
Clark,
Dodsre
Co.; Hornblower &
Wcks; W. E. Hutton & Co.; Janney & Co.; F. S. Moseley
Biddle, Whe:en & Co-.; E. W.
&
Co.;
Hemphill, Noves &
($1,480,-
n87 Co.;
Bear, Stearns Ac Co.; -'
Republic Co. (Inc.); Estabrook Ac Co.; Hallgarten
Ac Co.; W. E. Hutton Ac
Co.; E. H. Rollins Ac Sons, Inc.;
Blair Ac Co., Inc.; Alex. Brown &
Sons; Fahnestock As Co.;
Ac
7"797'i'777;
duPont Ac Co.;
I.
Francis
Elwood Ac Co.; Wurts, Dulles Ac
■;
Co.;
of
Whiting, Weeks Ac Stubbs; The Wisconsin Co.;
Auchincloss, Parker Ac Redpath; Bateman; Eichler Ac Co.;
Cooley Ac Co.; Cohu Ac Torrey; Nelson Douglass Ac
Co.;
Farwell, Chapman Ac Co.; Livingstone Ac Co.; A. E. Masten
Ml
Ac Sons
,
■
4
1
&
Boyce;
Co.;
Ac
$6,125,000 Hilton Hotels Corp. 350,000 shares of common stock (par
$5).
Purpose, general funds.
Price, $17.50 per share.
Offered by Blyth Ac Co.,; Jnc.; Goldman, Sachs Ac Co.;'
*;*
Kidder, Peabody Ac Co.; Lehman Brothers; Paine, Webber,
77777777;;^:;
Jackson Ac Curtis; Allen Ac Co.; Baker, Weeks Ac Harden;
,7"
Blair, Ac Co., Inc.; Central Republic Co. (Inc.); Graham,;;
Parsons Ac Co.; Hallgarten Ac Co.; W. E. Hutton Ac Co.;
Carl M. Loeb, Rhoades Ac Co.; Reynolds Ac Co.; E. H.
Rollins Ac Sons, Inc.; Amott, Baker Ac Co., Inc.; Hill Rich¬
$100)
,
Beane;
Rollins
H.
E.
Parsons
LAND, BUILDINGS, ETC.
10,000,000 Philco Corp;. 100,000 shares of preferred stock, 3%%
79797 7'series A (par $100).
Purnce, c*ch funds.
Price $101.50
7
per share.
Offered by Smith, Barney At Co.; Blyth At
,:.;99'997;
Co., Inc.; Drexel 8r, Co.; Eastman, Dillon & Co.; Goldman,
'
Sachs
&
Co.;
Kidder,
Penbodv & Co.; Lee Higginson
Corp.; Lehman
t
'
,
7
shares of
8,000
Manufacturing Co.
preferred
Hurry;
370,000 shares of common
repayment of loan; purchase
6% cumuand 16,000 common
stock purchase warrants.
Purpose, construction of plant.
Price, 100.10 per unit of one share of preferred- and two,
common' stock purchase warrants.
Offered by Butcher &
Sherrerd.
8.787,
,
079:.97 '
Paulsboro
Curtis;
Ac
Graham,
Co.
Purpose,
working capital, etc. Price $4 per share. Offered
subscription
to stockholders.
Unsubscribed shares
offered by Sutro At Co. and G. Brashears At Co.
lative
'
<►
7
(43,255)
'
1
,
777 7
7
of plant,
„for
,*
Purpose,
-
stock
J
j
7
-79 9
Co.; First of Michigan Corp.; Peltason, Tenenbaum Co.;
709'777;
Piiey & Co.; Gardner F. Dalton & Co.; The Marshall
■;7'9;777 ."Co.; Braun, Monroe and Co., and A. C. Best At Co. ^
•
'
,1,480,000 Menasco
Co.;
.
working
capital.
Offered by The Wisconsin
Loewi & Co.; G. H. Walker At
$50).
Ac
Buckley
-
and
Simon
'■
,,77;
(par $1).
McCormick
lins Ac Co.; Cruttenden Ac Co.; Dempsey Ac Co.; Doolittle,
Schoellkopf Ac Co.; Clement A. Evans Ac Co., Inc.; First '
Securities Co. of Chicago; The First Trust Co. of Lincoln,.^
Nebraska; Hallowell, Sulzberger Ac Co.; Wm. P. Harper
Son Ac Co.; Janney Ac Co.; A. E. Masten Ac Co.; Moroney,7,
Beissner Ac Co.;
Newburger & Hano; Newhard, Cook Ac Co.,.;
Alfred O'Gara Ac Co.; Pacific Co. of California; ParkShaughnessy Ac Co.; Penington, Colket Ac Co.; Quail Ac
Co.; Rauscher, Pierce Ac Co., Inc.; Reinholdt Ac Gardner;
Daniel F.
Rice
and
Co.; The Robinson-Humphrey Co.;
Scherck* Richter; Co.; Smart & Wagner; Stix Ac Co.;7
Straus Ac Blosser; Sullivan Ac Co.; Sutro Ac Co.; Townsend,
Dabney Ac Tyson; Walston, Hoffman Ac Goodwin; Woodard-
share and div.
per
Price,
Schwabacher *
Ac Co.; Ball, Burge Ac Kraus; Cohu Ac Torrey; The First
,77.77
Cleveland Corp.; Johnston, Lemon Ac Co.; The Ohio Co.; r;
Pacific Northwest Co.; Sills, Minton Ac Co. Inc.; Dittmar Ac ?
Co.; Stroud Ac Co. Inc.; Van Alstyne, Noel Ac Co.; Brooke,
Stokes
Ac
Co.; Davis, Skaggs Ac Co.; Hamlin Ac Lunt;
Butcher Ac Sherrerd; Hirseh Ac Co.; A. M. Kidder Ac Co.;
McCourtney-Breckenridge Ac Co.; Mullaney, Ross Ac Co.;
i
7; Peters, Writer Ac Christensen, Inc.; Wheeleck Ac Cummins,
;
Inc.; Bioren Ac Co.; Boettcher and Co.; Brailsford Az; Co.;
:
-
of
-
,
,
Price, $3.62'/a
8-
Offered by F. R. Lushas Co.
2,000,000 Le Rot Co. 40,000 shares of
Co.;
shares
12,000
Inc.,
Purpose, working capital.
(par 50c.).
share.'
per
v-
G- Hi Walker Ac Co.;' Batemari, Eichlef Ac Co.; Bingham,7
t
,,...43,500
Jackson
Webber,
Riter Ac
Walter
Monroe
*
.
.
:
Inc.,
corporate purposes, etc.
by Blyth Ac Co., Inc.;
Forgan Ac Co.; Harriman
Ac Co.; Smith, Barney Ac
Corp.;
Eastman, Dillon
SSi'lSI
stock (par
$10% per share. Offered
1,000,000 shares of common
California Co. Inc.; Moore, Leonard Ac Lynch; Rogers Ac
Tracy, Inc.; Nelson Douglass Ac Co.; F. S. Moseley Ac Co.;
Inc., 16,000 shares $1.16 cumu(par $25).
Purpose,
refunding
($51,000);
increase working
capital ($349,000).
Price,
$25y» per share and div.
Offered by Loewi At Co.; Bell
Farrell & Stebbins, Inc.; The Marshall Co.; Braun,
i1
H. M.
Byllesby Ac Co. Inc.; Laurence M. Marks Ac Co.; Kebbon,
McCormick Ac Co.; Stein Bros. Ac Boyce; Loewi Ac Co.;":;
The
Milwaukee
Co.;* Piper, Jaffray Ac Hopwood; First7
f
I, M.
9-; :i-7••
11,648,950 Hoving Corp. 495,700 shares of
7-)v7-\9- / Purpose, acquisition of stock
/''
Mills
Purpose, refunding.
*• Paine,
.
Pointe-Plascomold Corp. 44,000 shares of common
(par
$5).;;
Purpose, general
corporate purposes.
Price, $6 per share.
Offered by Coburn & Middlebrook.
.
'•
,
'
Weil
Co.
Central
$1).
,
Co.;
Ac
Purpose,
Offered
,
,
*
share.'
\'7*77:7 by Eastman, Dillon Ac Co.; The First Boston Corporation; '
;
Glore, Forgan 8c Co.; ; Goldman, Sachs Ac Co.; Kidder,
V;i
Peabody Ac Co.; Lehman Brothers; Smith, Barney Ac Co.; ;
7 ?
Lee Higginson
Corp.;. Hayden, Stone Ac Co.; Hemphill, ;
I * ; '■ 7 Noyes Ac Co.; Hornblower Ac Weeks; W. C. Langley Ac Co.;-*
400,000 Lakeside Laboratories,
9.lative preferred stock
9,
Knitting
&
Borland
Unexchanged
Co.;
Foods,
50c).
(par
.
Ac
;; ..7. v.7'
Frosted
share.
stock
*
■
Holt, Collins Ac Ede, and Hopkins, Harbach As Co, ;
per
Walker
400,000 General Builders
<
OIL
stock
>and Co., and Riley & Co,
stock (par
capital.
Price, $1'
and Cfirr Ac Co. 7
•
Bartlett
719,050 General Builders Supply Corp, 28,762 shares of 5% cumu¬
lative
convertible
preferred stock (par $25).
Purpose
7
; 7
' working capital. Price, par. Offered by Allen Ac Co.
Corp.
30,000
shares of common
stock
Purpose, .general corporate purposes.
Price,.
share.
Offered by Waiston, Hoffman Ac Goodwin;*
,375,000 Sunray Oil Corp.
ing, Weeks At Stubbs, and Wurts, Dulles At Co.
';
stock
per
Offered by Lytle Ac Co., Inc.,
(par
share
264,000 La
'
7
$102,489,191
'
7
288,925 Cortley
■
of common
working
G.. H.
77;"',7 ' <fc Co.
,
.
1
i
■
«•
"
299,000> shares
construction,
stockholders.
common
Co.;
.
.'-7
7;777-,
<
>
7.777
'
.
-
D.
Betts,
shares (32,048) offered by Central Republic Co. (Inc.)Peltason, Tenenbaum Co.; Scherck, Richter Co.; Stix 8s
;v; Bros. Ac Boyce.
148,198. shares of common stock
(par $5).
Purpose, refunding ($685,522); general funds
7-.
($2,278,438).
Price, $20 per share.
Offered for subscrip- '
.'iyf.fi';-'77tion to stockholders.
f
-
'
.....
7
.
Price, $4.75 per share.
7
to
7
::i ■<
$5).
2,963,960 Wayne
7,7^9'-7
977989 Applegate; Baker, Watts & Co.; Blyth & Co., Inc.; Bos;
7/
worth, Chanute, Loughridge & Co.; Alex. Brown & Sons,
i
i
Brush, Slocumb At Co.; Butcher & Sherrerd; Chaplin At
Co.; Coffin & Burr, Inc.; C. C. Collings and Co., Inc.;
S. K. Cunningham At Co., Inc.;, J. M. Dain & Co.; The
First
Boston Corp.; First of Michigan Corp.;
Glover At
MacGregor, Inc.; Grubbs, Scott As Co.; Hallgarten:At Co.
Harriman
Ripley & Co., Inc.; Hayden, Miller At Co.;.
Janney & Co.; Kay, Richards & Co.; W. C. Langley At Co.;
Freres & Co.; A. E. Masten & Co.; The Milwaukee
Co.; Moore, Leonard At Lynch; The Ohio Co.; Pacific Co.
7.7of California; Reinholdt At Gardner;-Chas. W. Scranton
& Co.; Singer, Deane & Scribner; Stein Bros. & Boyce;
Stifel, Nicolaus & Co., Inc.; Stone & Webster Securities
Corp.; Union Securities Corp.; White, Weld & Co.; Whit'
7
7
;7
preferred stock, 4%
Inc., 150,000 shares of
7: 77
stock
.common
and
working capital ($1,519,900).7 Price, $52.50 per
77797' share.
Offered in exchange
(29,602
shares) for $2.75
,7/ 77;'preferred
stock, 29,389 shares -offered for subscription
Bearing
(par
;
Corp.
Purpose,
share.
per
$100).
Purpose, relundmg.
Price, $107.75
and div. • Offered in exchange for 4%% preferred stock.
Unexchanged shares (43,690) offered by;
Mellon Securities Corp.; A. C. Allyn and Co. Inc.; Geo. G...-,
series
per
of
Offered by R. H. Johnson Ac Co.
$1).
Doolittle, Schoellkopf &
Francis
A. E. Masten &
Co.; The Ohio Company; Pacific Co. of California; Prescott
At Co*, Inc.; Schwabacher At C6.; Singer, Deane At Scribner,.
Stroud & Co., Inc.; Sweney Cartwright & Co; Walston,
Hoffman & Goodwin; Westheimer and Co.; A. G. Edwards
At
Sons;
Grant-Brownell & Co.; Hill Richards & Co.,
Kay,
Richards & Co.; Miller, Kenower & Co.; Moore,
Leonard & Lynch; Roggio Reed At Co., and Vietor, Com-;
mon, Dann At Co-, 7:7 7W97„
7>-v 7V'V7-9'8v7'' L J 77
15,000,000 Koppers Co.,
8';7'777
Purpose, general funds.
299,000 Superdraulic
Emanuel, Deetjen At Coi;
duPont At Co.;
shares
10,000
BenJ.
Co.;
7:7,x7';iv 100);
,
^chards & Co.,
Davies At Mejia;
Co.;
I.
V'
Offered by R. H. Johnson Ac Co.
Inc.,
&
Brothers
3,000,000 Consolidated Retail Stores'Corp. 60,000 shares
7.777'': preferred stock (par $50).
Purpose, refunding
103,981 Sterling Electric Motors, Inc., 29,709 shares of common |
17 ; stock (par $1).
Purpose, extensions, etc.
Price, $3.50
7 per share.
Offered by Maxwell, Marshall Ac Co.
^
Walker & Co.,
Alex Brow:n &
Central Republic Co. (Inc.); Field,
The First Cleveland'Corp.; Carl M. L°eb- 1R
*
L. R. Rothschild & Co.;. Schoellkopf, Hutton & Pomeroy,
Inc • Sutro & Co.; Whiting, Weeks At Stubbs, Chaplin At
Sons;
Goods,
(par $1).
77:77
Lazard Freres & Co.; G. H.
Co.; Ball, Burge At Kraus;
Co.;
&
Price, $10 per share.
v
Co., Inc.;
Inc.; Stix
Lehman
Sporting Goods, Inc., 25,000 shares of 55c. cumulative
convertible preferred stock (par $5).- Purpose, loan to
subsidiary,' pay bank loans, general corporate purposes.
47,500 Sporting
777 is
mann
7
t
,
7
w50'0MrL^
,•
•
Co.; Leftwlch Ac Ross; Revel Miller Ac Co.; Sills, Minton 8a
Stein Bros. Ac Boyce; Stifel, Nicolaus Ac Co.r
7 7
■
Kebbon,
Co.;
At
Fox
F
:
*
purchase
3,105,209 Segal Lock & Hardware Co., Inc., 690,082 shares of com•"7:7
mon
stock,,(par
$1).:. Purpose,
refunding
($469,670);
;7:.- 7v{771,;7-;
expansion, etc. ($2,635,539).
OfPrice, $4.50 per share.
fered
for
subscription
to
stockholders.
Unsubscribed
7, 7;
shares (175,671) offered to public by Floyd D. Cerf Ac Co.
*"f™TlVtaon
^he
per
'
Co.
(Mich.)
100,000 shares of common
(par $1). Purpose, pay back loans used principally
of equipment, working capital, etc.' Price,
$3 per share. Offered by Keane Ac Co.
stock
for
CorP;m1r3J'7®9
wo^n^.capltah
Minerals & Chemical
4,282,492 International
.1'
Monday, September 2, 1946
;
300,000 Rudy. Furnace
; f
!
CHRONICLE
$32,730,000 Federal
Intermediate
Offered by
Charles R. Dunn,
fiscal agent, N. Y. C»
Volume 164/ Number 4521
V
300,000 Awful
'v.'v"'"'
MacFarlane
Fresh
cumulative
M
convertible
Offered
par.
3,531,528 Booth
vv;.i'v.. (par
•
•
by Stephenson,
Fisheries
Leydecker
126,126
Corp.
& Co.
shares
of
.
'
.
632,106 Field- &
y
12,000 shares of 6%
stock (par $25)f
Price,
(Calif.).
preferred
;
1
stock
&
-
-
\Torrey;
,
"JV7
no
Haaiia
t
/ 784,200 R. E.
>'•
(no par).
v
v
•
Richard
Co.
Florida
Funsten
Clarke
Corp.
50,000 shares of
share.
per
A.
Securities-
Co.
W.
Evans
&
Co.,
Co;;-The
Co.,
&
by
Corp.; Bache & Co.; Baker, Weeks & Harden; Blyth
Co., Inc.; J. C. Bradford & Co.; Alex. Brown 8c Sons;
Courts & Co.; Emanuel, Deetjen & Co.; Glore, Forgan &
Co.; Goldman, Sachs & Co.; Granbery, Marache & Lord;
&
•
,
■-
Cohu
Inc.;
--V
Stark-
Hallgarten & Co.; Harriman Ripley & Co., Inc.; Ira Haupt
&
Co.; Hayden, Stone & Co.; Hemphill, Noyes & Co.;
Henry Hentz & Co.; Hornblower 8c Weeks; Kuhn, Loeb
& Co.; A, M. Law &
Co.; Lazard Freres «fe Co.; Carl M.
Loeb, Rhoades & Co.; Laurence M. Marks & Co,; New-
»
;
&
Robinson-Humphrey
Wheeler & Co.
,;,V
.
// burger & Hano; Paine, Webber, Jackson & Curtis; Riter
& Co.; E. Hi" Rollins & Sons, Inc.; I. M. Simon 8c Co.;
./ .Smith, Barney & Co.; Stein Bros. & Boyce; Stern Brothers
and Leedy,
15,684 shares of 4tVa%
cumulative
v;..
con-
/
:
stock
(par $50);; Price; $51 per share';
IOffered by G. H. Walker & Co.; Alex. Brown &:/
Sons; Boettcher & Co.; Bacon, Whipple & Co.;
Scherck,
& Co-»
Stone &
Corp.;
•"•V
Nicolaus & Co., Inc.; Hill Brothers;
i.
•
Rauscher,. Pierce &. Co.; Pitman &• Co., Inc.; Morgan ,6b
..Co., and Courts & Co.
'/'
2,329,127 R. E. Funsten Co. 196,137 shares of common stock (par
G.
H.
$1).
Bache
•
.-.i-j/.Company.
& Co.; Bacon, Whipple & Co.; A. Gr Becker & Co.,
Inc.; H. M. Byllesby & Co., Inc.; Courts & Co.; Goldman,
'Sachs & Co.; Granbery, Marache & Lord; Hallgarten &
''
,
V
-
280,000 General
i
stock
Hallowell, Sulzberger & Co.; Ira Haupt & Co.; H.
& Co.; Hirsch & Co.; Hornblower & Weeks; Jenks,
•>/.;>•; Kirkland & Co.; Johnston, Lemon & Co.; A. M. Kidder
& Co.; Kohlmeyer
Newbprger & Co.; Laurence M. Marks
1 ' "
*
&
Co.; Newburger & Hano; Paine/Webber, Jackson &
Curtis; Reinholdt 8c Gardner; Riter 8c Co.; I. M. Simon
& Co.;'Stein Bros. & BoyceJ and Weil & Company.
,
vr-i
&
Hentz
! b
and Clement A. Evans & Co.,
Inc.
'
3
t411,112 Shamrock
OH
-s
s.fv
t
'
;
i
k
duPont
I.
8c
Securities
First
Co.;
of
Chicago;
J.
v/
Mason Brothers;
.& Co.
•
-
1,431,125 (P.)
Inc., and
common
Pitman
Taussig,
8c- Co.,
Day &
Inc.; Straus & Blosser; Sutro & Co.;
Co., Inc., and Van Alstyne, Noel & Co,
*&
Richter & Co., and Allen
Co.
shares of common stock (par 10c).
Offered by Scherck, Richter & Co.,
>/:/'-and Allen 8c Co.
/;
(par
'•
.
:
'
"
& Brass Corp. 181,440 shares of common stock
(par $1.25). Price,? $10 per share.
Offered by
Baker, Simonds & Co.; The First Cleveland Corp.; Wagenseller
.
&
Durst,
Inc.;
Allen
&
Co.;
First
California
&
':/ ./ ■
Co.,
Central
General Corporation and
Investment News
Co.::%iU
Vermont Public
Period End. July 31—
Operating
Total
revenues
oper.
Net
(Continued from page 1199)
>
,/.:
?
Corp.—Earnings—-
^ •-194fr---Month—1945
/y 307,453
income
-
y
Gross
>3,272,900
6 Months Ended June 30-—
Income
,
:y;.':
226
463
,
v
;
,
Cr271
amortization^
&c.
Fed.
$971,888
normal
Fed.
$1,060,490
147,912
49,672
$75,708 Z
exc.
and
surtax
profits
tax—
-
410,003
'
168,436
Pfd. stk.; diy.
$424,126
——
3 Months Ended June 30—
1946
1944
-
.
$478,200
;
$475,016
75,014
24,349
Federal
taxes
119,442
78,808
201,420
84,273
-
is'
income
on
Depreciation and amortization
:
191,273
83,072
,.
Net
income
$184,836
—
-wi'?
$89,959
Gross
38,219;
13,092
y- ASSETS—Cash
hand
and
Net
in banks,
$186,903; accounts receivable
{rental), $142,536; Treasury tax notes (at cost, plus accrued interest),
$802,898; other United States Government obligations (at cost, plus
accrued
interest), $604,021; cash surrender value of life insurance
policies, $108,773; Biltmore Hotel property (net)/ $7,142,038; deferred
charges, $62,890; total, $9,050,059.
~
'
.■
*
*
>
-
on
LIABILITIES—Federal
$48,252;
taxes,
trust
note
deed
income
Central RR. of New
Chief
Wyer,
Executive
Officer,
in
accounts
The
July,
1946,
included
the
of
June,
Period End. July
-
dross
yyy;M
Net
Vy.'1-.
'J'y
1946—Month—1945
revenue
oper.
income—t
oper.
ry.
Income
dross
Z
31—
.
—
Wet
.
v':;-
411,022
*100,754
419,393
2,895,138
3,095,530
$86,525 *$3,705,725
287,948
545,538
573,284
railway
Net
The
ry.
income—
/ •Deficit.—V, 164,
;
•_ .'y
*.
pp. 679 and 416.
.
/
/
{ ".
r
yyvy?y
(extra
dend
y
20
cents, both payable Sept.
to
prior
share
The
each
company
in
to
the
stock
were paid
paid
1945
and,
in addition, on
dividend.—V... 164, p. 1079.
,
per
distribution.
on
March
four
Dec.
30
23,
of
share
Quarterly
quarterly
that
,
'
on
and an
paid
:
of
a
5,
the stock
dividends
dividends
year
.
the
record Sept.
15;and June 15, this
of
—
Aug.
on
quarterly cash divi¬
a
holders
The cash dividends-will be-equivalent to $1.25
outstanding
.
14
stock dividend
record
of
dividend of 30 cents together.with
cash
of
25 cents per
<
150%
stock, payable Aug. 30 to holders
common
.»''.y:
a
r
••■••,"
1
>:
1943
6,321,093
Net
9,273,525
1,714,999
4,021,182
income
of
year.
25
20%
244,716
78,391
86,454
141,221-
73,252
V1-'-
Oross
Net
from
from
A Net ry.
railway...^
$681,211
1944
617,499-
income
1,362,103
4,131,332
V 1,660,818
573,464
from
ments
on
309,711 V
-
$847,975
$830,4-12
153,190
272,298
177,961
155,978
4,409.200
4,848,429
5,228,434
5,363.029
70,831
627,195
1,200,359
551,004
..
27,110
income.i-
*58,222
From Jan. 1—.
.
'
*
Gross
from
Net
from
Net
ry.
railway---
oper.
income.—
$4,697,742
$4,077,043
270.000
500,000
$835,148
$384,340
1,310,000
$3,387,742
$2,077,043
•
164, p. 553.
*593,130
,
20,697
1,446,797
847,626
The
560,408
V
'
'
-
Bank
of
New
income—
2,819,151
17,068,419
for
a
Michael
1946
railway
transfer
164,
1945
1944
1943
$2,770,916
800,114
444,693
$3,204,983
436,441
443,443
612,843
16,634,275
3,685,663
2,031,764
income—
21,156,528
22,475,576
7,515.331
9,187,541
21,180,996
10,156,129
2,725,646
2,961,686
3,530,323
$3,370,365
1,325,754
1,147,349
.
income
680.
;
$3,038,061
1,378,621
.
,
23
J.
Igoe
/
stockholders
for
each
stock
of
4
of
the
purchase
plan.
has
Final
.
are
expected.—V.
163,
p.
■
T -{
of
of
the
Richard
their
shares
City Stores Co.
stock
common
was
of
argu-
:
on
Aug. 22 filed
will
underwriter
be
.
•
Files With
•
;
letter of notification with
Class A stock.
Offering price
used
named.
a
for
mining
operations
and
the
10
of
and
basement, in the prin¬
Co.
have
common
stock,
received, in
eight shares
additional five
an
"
the
capita]
leading department store
City Stores Co. received by them.
by directors of Bankers Securities
approved
ex¬
ol
cents for each
of
The
Corp.,
minority stock¬
by the Securities &
.
.
'
Co.
below.—V.
12 Months Ended June 30—
164,
'A'-'"''/';- :
operating revenues
Operating expenses & taxes (excl.
p.
952.
est.
Fed.
income
Fed.
Provision
for
1946
inc.)_i
tax—
„a'
2,827,000
Cr366,0Q0
postwar adjustments
operating revenues-,.;,
Non-operating revenues
—
——
—V.
$7,028,456
.
214,445
—
$8,189,664
1,493,575
$7,242,901
1,506,508
46,696,088
-
deductions
163,
645,000
612,000
214,202
income
Balance surplus
2,224,000
/ $7,975,461
—
—
4,715,111
1,371,000
.
2,906,000
4,963,004
—
Credit for transf. from res. for
postwar adjusts.
Gross
1945
$43,136,615 $46,858,203
26,978,149
29,339,735
—
Normal and surtax——
.Excess profits tax
Provision for depreciation.,
Net
.
,
Unit—
■Total
Total
—
Store
of
and
a
100%
been
3415.
JJenver, Colo.
acquired
Cleveland Electric Illuminating Co. (& Sub.)—Earns.
Prov;-for
32,292'184 !'
at
approval
formally
See Munlslng Wood Products
,
appeal
Court's
Proceeds
No
appointed
!.
i24!462,297'j
' v"iy
2,000,000 shares (10c par)
share.
capital.
has.; been
Cleveland-Cliffs Iron Co.—Sells
/
»Wdon
49,929,964 ?
17,790,066
679.
company
-
York
;•; •;
No major, changes in local
personnel are contemplated.
C. Gordon
Anderson will continue as President of
the Richard Store Co., and has
become a director of
City Stores Co.—V. 164, p. 553.
•
566,191
\
the
•
2,000 000
comparative
Exchange Commission.
.
Chiptea Gold Hill, Inc.,
SEC—
.
railway
•Deficit.—V.
1,570,642
$884,340
—
95.22% • of the voting stock, by local
holders of Richard Store
Co., by City Stores Co. and
1946
.
•
A
1,391,451
244,138
63,666
400,335
$1,105,148
oper.
acquisition
.
.
Nov.
1,491,274
'Am:>
.
Co., which operates
share
3,628,927
1,507,898
Chicago HI., on Aug.*24r&ftf&fc
to approve the payment of about
$3,600,000 interest, due Feb/1 and
Aug. 1, 1946, to owners of first mortgage bonds. He said it
had been
agreed that interest would be frozen until the purchase of the lines
by the Chicago Metropolitan Transit Authority.- An
taken
$5,647,685
$5,559,449
2,040,000 shares of $8.50 par value common
stock.—V.
/yy-
common
ih'-\
19451944
1943
$16,729,802 $19,998,586 $18,468,105 $18,926,882
2,016,576
4,293,076
4,352,764
7,553,410
''
income—
451,929
2,383,495
2,544,768
4,253,957
Judge
1943
$728,119
railway
oper.
/ 1945
1946
....
Federal
$7,580,468
'Which' owned
rkilway__„ 110,204,525 135,203,648
127,503,934
9,329,110
35,280,73536,522,412
p.
88,235
$1,284,676
;
164, p.
change
1943
railway.^....
oper.
164,
42.J02
City Stores Co.—Richard Acquisition Effected—
$559,453
244,721
Chicago Surface Lines—Court Freezes Intere'sf^
cents
stock
Central Vermont Ry.—Earnings—
July—
—V.
$7,538,365
325,933
from
The
1944
3,895,277
railway—
from
from
1,894,778
2,792,224
12,329
This company on
Aug.
stock of Richard Store
From Jan./1—
Net ry.
2,883,044
'
$1,272,347
a
seven-story building, with mezzanine
cipal shopping district of Miami, Fla,
$601,628
$564,801 '
94,151
July— ;lj'■'*
Gross from railway
Net from railway..;
Net
•
,'Cr622,987
charges
in
3,128,087
164, p. 679.
Gross
363,995
A;
:r 685,135
National City
ry.
—V.
.
1945
$615,027
176,040
railway
Net ry. oper.
;
railway
Net from railway-—
Chicago Milwaukee St. Paul & Pacific RR.-Earnings
Central Soya Co., Inc.—rStock and Cash Dividends—7
The company on Aug. 23 announced
3,582,864
$1,431,082
dividends
from
Gross
'
:ir'' y
*:
2,822,774
1,894,482 >
>/From January 1—
111,431,408 148,202,077 135,209,239 118,933,318
32,186,644
63,935,550
53,002,705
53,954,622*
14.983,532
18,898,865
14,384,367
26,203,651
railway
oper.
734,510
for
Gross
$1,365,629
Net ry.
taxes-
Net from railway
1944
2,556,414
1946
from
711,032
530,680
July-4';jvv
Mo.—Acquisition—
9,038,098
1
2,023,987
railway
oper
3,153,954
•
railway
from
offering.
5,142
fixed
For
p. 1079.
From Jan.!—1
Gross
special
Cincinnati New Orleans & Texas Pacific
Ry.- -Earnings
1945
4,343,871
railway
from
Net from
.
805,535
charge
See.,
agent
1,090,224
$16,387,177 $22,741,637 $19,249,088 $19,469,358
1—
oper.
,
flndicatss
,
July—
Gross
Net
*$308,838.:/
\
^
2,762,581
1,027,452
2,658,721
627,684
Offered by Shields 8c Co.
-
21,705,590
///Transfer Agent—
*
2,557,293
stock
common
purposes
the consolidated
income
state¬
ments include operations of
Union Light, Heat and Power
Co., Miami
Power Corp. and West
Harrison Electric & Water
Co., Inc., acquired
as of
Sept. 30, 1945, for all periods indicated
thereon.-
Industries,. Inc., below.—V. 162, p. 2267.
164, p. 952.
—V.
y-il
income
1946—7 Mos.—1945
42,390
•
of
812,217
income
NOTE
65,641
railway
privately,
shares
Fed."
ly,".Balance
Chicago & Illinois Midland Ry.—Earnings—
,
-
T
from
Net ry.
$70,000 New
accounts
$4,074,668
$4,755,627 $26,855,064 $34,866,434
,
11,810 yy 409,755 *1,483,566 y 3,$30,811102,184
505,918
*810,587
4,461,159
■"? Fixed charges and other
deductions
"pi
from
Net
1946,
be erroneous
V
Net
—V.
accrual
an
in
of an assessment by the State Tax Commission believed to
and illegal.
result
a
as
for
franchise tax, not reflected
State
Jersey
■
-
>
-
,
prof, tax.;
Net ry. oper.
Gross from
releasing the following
in business and other
report, attributed the deficit to the decrease
y -wage increases granted employees this year.
than
income
Special
1943
1946
from
placed
Gross income
$365,762
129,948
31,218
37,479
11,540
$1,425,939
Chicago Burlington & Quincy RR.-Earnings—
Gross
.
$562,204
1944
July—
From Jan.
Jersey—-Earnings—
157,102
$647,472
$403,695
153,026
75,396
railway
See Clinton
/
issues
Co.
Price, $20% per share.
—
exc.
Other
737,635;
81,270
•
Net ry. oper. income—
,
Fed.
175,431
A
$41,065
Chase Candy Co., St. Joseph,
»'
payable to the Connecticut Mutual Life Insurance Co.
'
13,092
.
/
$411,582
•Deficit.—V, 164, p. 679.
of
$9,050,059.—V. 164, p. 416.
804,574
2,174,474
Net ry. oper. Income—
*
William
from
income
Hartford, Conn., $1,760,000; deferred rental income, $17,222; re¬
serve for contingencies,
$125,000; stated capital (292,815 shares), $5,775 300; capital stock assessments, $234,252; surplus, $223,618; total,
54,157
/••'•
64,800
railway
135,000 shares of pommon stock (par $2.50).
Worsted
...
Taxes—other
146,000?
A
$402,006
•
income—
oper.
taxes, $731,532; property and other
dividends payable, $131,767; accounts payabel, $3,117;
'
404,850
37,900
1945
From Jan. 1—
from
&
*
$1,486,549
291,314
311,600;
1946
.
Net from railway
Gross
Blyth
Net income
railway
y-;;;".y-y/y;/.,,,y/v.y..;
Fidelity & Guaranty Co.
4,000 shares of
$2): Price, $50.50 per share; Offered
Co., Inc.; \'y.//y y-y-yvy
y.
.
_
Int.
from
Co.
Cincinnati Gas & Electric Co, (&
Subs.)—Earnings—
1946-—3 Mos.—1945
r.r-r~, Jnd. June 30-^ "
1946—12 Mos.—1945
GrBss.t^venues
$8,942,073
$9,055,067 $36,646,191 $38,417,951
Oper./.&i* maintenance-.
5.462,203
5,193,543
21,859,602
.
Charleston & Western Carolina
Ry.—Earnings—
$99,075
.
BALANCE SHEET; JUNE 30, 1946
Cr8,000
i;
$25,127
July—
Net ry
,
31,800
& Co.; Childs, Jeffries & Thorndike,
& Co., and Nugent & Igoe.
^'
Preferred
27,979
,
♦Indicates
•—V. 164, p. 553.
76.584
*
-1-
268,142
,.
stock, (par
y-yy (par $5).
.
$477,983
75.351
19,762
Income
Interest
•
1945
$1,515,466
22,889
—•
A
require.--'
166,354
$219,868
;■
V
Balance
Wet income
$100,846
21,439
16,000
^■'«.
:
463,432
$195,865
f.
;
&
States
236,570 Wyandotte
Federal
deducts—
154,198
56,639
40,800
266,274
159,801
income
and
1944
149,987
-
Depreciation
int.
with
Pen
Prov, for depreciation__
;
,
-
common
.
Price, $13 per share. Offered by F. S. Moseley & Co.;
White,? -Weld- 8c Co.;
Ladenbuirg Thalmann ^Corp.; Lee
Higginson Corp.; Kebbon, McCormick &
Co.; Mackubin,
Legg 8c Co.; .Masoa-Hagan, Inc.; H. F.
Boynton 8c Co.,
^c., and Grubbs, Scott & Co.
.
; ;
$41,852,919
$1,482,864
3,685
.
$1,040,989
-
Expenses
on
1945
1946
Interest
taxes
Total
f
! *yy
3,041,288
$1,515,737
of
Originated
-
».
256,232
income
»
'•
-
$4,524,152
$100,383
shares
share.
per
Inc.;- Hancock, Blackstock
by
'
Mos".-^1945
$4,788,637
$75,482
'V.:-
income—net,
1946—^12
$356,615
$42.50
:>i/; 1,755,000 Verney Corp.
W">
-
,
15,812
$26
5,000 shares of common stock (par
per share.
Offered by Blyth & Co.,
Co., Inc.; Bull, Holden
;
'
common
'
Service
H $382,935
___
expenses—
oper.
Non-oper.
Central Investment Corp.—Earnings—
//Expenses
-
Walker
•'
/Federal
i-
•
r/'v'..
>:/••
:
Corp.
*
202,000 United
Shipping Co.
1,000 shares of capital stock
Price, $48 per share.Offered by Howard,
$10).
•;
"
1'
Labousse, Friedrichs & Co., and Nusloch, Bauden & Smith;100,000 Ohio-Apex, Inc. 16,000 shares of common stock
(par $1).
;
Price, $6.25 per share. Offered by Doolittle,
Schoellkopf
1,814,400 Detroit Aluminum
,
■
48,000 Mississippi
Co.
Co.;
&
The Wisconsin
1,503,469 United Light & Railways 48,499 shares of common stock
(Par $7)v Price, $3! per share.■- Offered by Bear, Stearns
& Co.; Hallgarten &
Co., and Kidder, Peabody & Co.
227,500 United Public Markets, Inc.
35,000 shares of common
'
stock (par $1). Price, $6.50 per share. Offered by G,• H.
Loriiiard
Inc.
400,000 Dazey Corp. 100,000
Price; $4 per share.
Lerchen
and
$1). Price, $9.25
y
-,
/V '/ ; ;/
Corp;; A. G. Becker & Co., Inct; 'Blyth
y; ..& Co., Inc.; Bosworth, Chanute, Loughridge & Co.; The
First Boston
Corp.; Goldman, Sachs & Co.; Harriman
"u-%; Ripley & Co., Inc.; Harris, Hall & Co., Inc.; Hornblower'
& Weeks; Lehman
Brothers; Merrill Lynch, Pierce, Fenner
& Beane; Paine;
Webber, Jackson & Curtis; Smith, Barney
& Co.; Union Securities
Corp., and Wheelock & Cummins,
;
Co.,
'
'
-Webster Securities
:
Corp. 50.000 shares of 5% cumulative convertible
preferred stock (par $10). Price,. $10 per share.;;Offered
by Scherck,
.*
;
r
3,031,500 Meredith' Publishing Co. 129,000 shares of - common- stock
Jv,i»
- « (par
$1).
Price, $23.50 per share.--1 Offered by Stone &
.
,
'
y
1
Co.
53,500 shares of common stock (par
Price, $26 % per share. Offered by Merrill Lynch*r
Pierce, Fenner & Beane.
B.
Watling,
&
Corp. 100,000 shares of common stock (par
per share. Offered by First Colony Corp.;
Courts & Co.; Johnston, Lemon 8c Co.; Straus &
Blosser;
; y
y Coburn «fc Middlebrook; Irving J. Rice & Co.; J. C. Brad'
f'y"
' ford & Co.; First Securities Co. of Chicago; Andre de
y Saint-Phalle & Co.; Grubbs, Scott &
Co.; Taussig, Day 8c
-y c
y..-:
'
,
.
Oil
Price,
925,000 Stratford
stock
Wayne Hummer
.
Co.;
424,000 A. G. Spalding & Co.
16,000 shares of common stock (par
$!)•• Price, $26.50 per share. Offered
by Blyth & Co., Inc.
$10).
*
Gas
Inc.
Allen
24,000 shares of 4% convertible prePrice, $50 per share. Offered by
(par $50).
& Co., Inc.
Blyth
500,000 Dazey
i
$15).
common
by
-
.1
v::v
of
Offered
^
ferred stock
•
..
.
shares
share.
115,000 shares of
Burr &'Co.,
J
'■!Hanauer & Co,, Inc.;, Ira Haupt & Co.; Hirsch & Co.;
V.;' Jenks, Kirkland 8c Co.;-Johnston, Lemon & Co.; A. M.
//•' Kidder & Co.; Kiser, Cohn & ,Shumaker, Inc.; Laird,
•?C
Bissell & Meeds; MacColl, Fraser & Co.; Marx & Co.;
,
70,000
per
Price, $7 per share. Offered by Dempsey & Co*;
Emerich & - Co., Inc.; Sills; Minton & Co., Inc.;
1,200,000 Hilton Hotels Corp.
i
•:/'/
$4
CO.
Ames,
-
.
Co.
Corp.
Price,
212.500 Shell Union
foregoing),
Jk
stock (par $1).
Price,
Hallgarten & Co./
,
bankers
same
•
75,000 shares of common stock (no par). Price/
$24.50 per share.
Offered by Emanuel Deetjen & Co.;
Bache & Co.; Blair & Co./, Inc.;, J. C. Bradford & Co.;
Buckley Brothers; Burr 8c Co., . Inc.; Childs, Jeffries &
Thorndike, Inc.; Clayton Securities Corp;; E. W. Clucas
& Co.; Cohen, Simonson & Co.; Cohu & Torrey; Francis
f
Supply
$1).
by
(par $1).
2,175,000 Coro, Inc.
r
Builders
(par
(see
805,000 Great Lakes Plating Co.
Cola Co. 18,316 shares of common stock (no par),
Price, $178" per share. Offered by Union Securities corp.
,
preferred
Offered
.
3260.248 Coca
;
the
share.
per
370,000 General Machinery Corp. 20,000 shares of common stock
(no par).
Price, $18.50 per share.Offered by Blyth &
Co., Inc.
'
,
offered
as
Co.;
".
.
$11.87%
&
; "v.1,-,••
y.\
i
v
Price,
Webster Securities Corp.; Union Securities
Walker
Wertheim & Co.; White, Weld
/
,
3,150,000 City Stored Co. 100,000 shares of common stock (par $5).
Price, $31.50 per share.
Offered by Lehman Brothers;
Secur-
ities
<
stock
common
Inc. 328,819 shares of common stock
$26.50 per share. Offered by Commercial
Trust/Inc.; Lehman Brothers; Adamex
.
Offered
Brothers,
(par 50c). Price,
Investment
t
,,
:;v,;-y//«y^:i;;;//'Richter. Co.; Stifel,
Offered by Janney & Co.
Price, $25 per share.
'
■
.
and
'• vertible' preferred
'
shares of common stock
99,337 Boone County Coal Corp. 3,973 Vi
Co.,
./-/Co^; Stockton, Broome
~
.
&
(par $3).
Price, $14.25
weather & Co.; Clement
Corp.;
Cleveland
1
Publishers
712,500 Florida Public Utilities
-
First
Securities Co. of Chicago; Heronymus & Co.; Hill, Richards
Becuriti
& Co.; Rauscher, Pierce & Co., Inc.; Scherck, Richter &
~o.;
and Sills, Minton & Co.
Co., an
V•
First
Pancoast;-The
Stream
8,917,703 Beeves
/;
v<
r
1205
(par (2).
Parsons
$5).
Robertson
Roberts
stock
v
'r"'V&
!
common
,
Co. 58,800 shares of common
Price, $10.75 per share; Offered by Lee
Higginson Corp.; Johnson, Lane,-Space1 & Co., Inc.j'PaC cific Co. of California; Whiting, Weeks &
Stubbs; Graham,
•
sey & Co.; Loewi <fc Co.; Mason, Moran & Co.; The Ohio
Company; Peltason, Tenenbaum Co.; Bateman, Eichler &
Co.;
Julien-: Collins & Co.;
Cruttenden& Co.; Dewar,
i.
'
:
_
Price, $28 per share.. Offered by Central Re-,
public Co., Inc.; A. C. Allyn & Co.; Lee Higginson Corp.;
E. H. Rollins & Sons; Ames, Emerich & Co., Inc.; Demp-
/■
Inc.; Foster & Marshall; Jenks, Kirkland & Co.; Mackubin,
Legg & Co.; Taussig, Day & Co., Inc., and Frederick S.
Robinson & Co., Inc.
/;;/• ''
;
"/•
y,
•
$84,000 Armstrong Rubber Co. 3,500 shares of class A stock (no
parh Price, $24 per share. Offered by Blyth & Co., Inc.
■%%■/'/
r
THE COMMERCIAL & FINANCIAL CHRONICLE
v
Issues Not Representing: New Financing
'
;
'V
.
.11
$5,736,393
p.^2991. ~
SEC
cents
working
Climax Industries, Inc.,
The
SEC
company
on
Aug.
28
for,«15(L000» shares 5%
Chicago—Registers With SEC
filed
a
registration
statement
convertible cumulative preferred
with
the
($10 par)
.
THE COMMERCIAL & FINANCIAL CHRONICLE
1206
'"i
"
•••
~
- *•
,
and 250,000 shares ($1 par) outstanding common stocky Underwriters,
j$raitsford St Co. Company is offering -the preferred^ andGeneral Fint
Corp., company's sole stockholder, is
ance
,
,
/
offering^ the common for^ its
Proceeds
P*®i
Corp.,
-
•
.
r
Deep. Reck Oil -CorN-.—Earnings-^
Commonwealth Edison Co.—rWeekly Output
/ .Electricity output of the Gomimonwealth Edison group of^companies,: pU Period Bind, June 30— ■ 1946—3 Mcs.- -19451946—6 Mos.—494$
Sales
oner,- revs, incl.
V''- 4VV
excluding sales to other electric, utilities, for /the week .'elided Aug. 24,i
/other
inccme
cfedits"■ $5,(^8;g96/$ll;()09,9l3
1946, showed a 7.9
increase 'over the* correspOndiiifc perioa 'lasjfc yfear.j
'$I'0,289377
Following are the kilowatt-hour output totals of. the past four weeks n-fCbst--of'sales.And'.opsr-r:.:■.
,
Z
.
and percentage comparisons
i
0000 '-1L-
0
V
with last year:
:;/v; i-'f.;*--■ '
Week Ended—
■
RR.^EaTnirigs^v:^^
Clinchfield
"
-
5«25?
465,371
income—
oper.
;
1943
^
;
$VJ2l;584 $1,041,48|
IflJ'sga > 435617
414,235
,
1944
:
.
$1,107,589
$1,206,866
from
.'Net ry,
1945
1946
from, railway——/
railway
Gross
Net
;
raU^ay
wf?LL VbSShv'' "P"
465,593 J
,
7,231,420
•
8,437,713
435,bi^
4,195,516
.74,448,442:
3,275,850.:
—V.
680.
164, p.
Division
Industries, Inc.—To Sell Candy
Clinton
,
|
>
.
♦hp
?ha7o
to
,
To
A
CO.
factories in Chicago and the St, Louis factory.
These plantjs
capacity to produce 75,000,000 pounds of candy annually.
The
price is ,in excess of $5,000,000;
■
■-■"
Clinton Industries, Inc., will retain its corn refining plant and busi¬
ness in which the major part of its, assets are employed.
.,;
to
:.■
;•■■
.
■ .77
387,077
;S??pe?,
264,304
IncomLL."
5,961,725
9,305,388
9,223,812
3,034,415
3,340,464
ry?
cper. income---'
rr-V. 164, p. 680.
Net
'
.
■
'
"
Ry.—Earnings—
*
1
30,940
50,170
42,761
20,047
;;
17,291
f:''
:
the
•
7
stock
on
due-bills
all
be
must
Jessica
Bogin,
21,989
182,300
527
•
$959,876
237.100
•
$718,714
$722,776
$1,80
$1.81
;
1946.—V. 163, p. 2723.
railway.,_ij.
railway-—
Net
Net
Earnings—
1945
$3,539,256
7 : 517,748
1944
1943
$3,986,300
$4; 294,891
892,680
.
1,125,011
$4,195,462
1,366,945
792,826
305,107
399,162
643,364
railway^-— 'i 23,776,725
from railway^/.-2,816,050
ry. oper. income....j 1,355,768
28,217,621
29,987,494
27,500,656-
6,954,459
'8:117,547
8,462,106
3.006,507
5,186,908
5,039,621
from
•
,
of
redeemed
9,
Sept.
on
—V.
.
,
164,
€81
pp.
and
6.
.v: •/;
Delaware Laekawanna & Western
July—
Gross
-/y/'/-v1946
from
railway——
Net from railway——
Net 'ry. oper. income—,,
b'
1948.
.
From Jan. 1—
j.
Daves
Parker, editor of American Vogue,i and; Ben-t
Comptroller of the corporation, have been elected dip.
1080.
' :
'■ •' ' t
i
.♦
railway-—_
•Net from railway--—
Net ry. oper. income—
1
—V.
1944
1943
i
$6,776,035
$7,423,856
1,627,983
768,719
2,087,905
2,865,890
2,668,741
46,067,428
12,755,376
47,370,105
18,774,603
k
s
.
RR.—Earnings-
1945
$6,537,045
220,029
-.
000
from
Grass
■;/?:.;■■
$5,926,259
746,953
38,513,144
,
1,208,346
;■'
■.:•■■•
44,591,302
■
4,593,737
1C,052,263
1,709,636
2,775,482
7,301,643 "
7,652,506
164, p. 681.
,
Ltd.-—Earnings-^
;
,
■
milledj.-;--^;.^!—-.w
ore
$0.88
,-
ry. cper. income^-From Jan. 1—
Deluxe Check
•
Tons
$0.88
i!
f,
1948, current assfif^iWera $8,735,441'aAd tmrrentllia*
Net
of
common
164,
Quarter Ended June 30—•
.
$349,423
1946
Net- from
Aug. 21.
y-' r-^0C
Exchange directed that Exchange contracts!
Sept. 5, 1946, shall be ex said distribution;
Stock
112,800
$349,738
July—
on
Coniaurum Minesj,
:
«
49,970
•
York
rectors.—V.
$138,63$
35,508
stock,
share—
June 30,
Gross- from
was
three shares of common stock,
./761
854,488
$901,014
Delaware & Hudson RR, Corp
distribution on Sept. 4, 1946, of two additional
share of record Aug. 22, 1946. Stockholders'
by the
received
common
Mrs.
y :
share. of
eaoh
Two New Directors Elected—
Net income from metals
Development and
•/
7--:
7 ■'
pursuant to which
will be changed into
383,347
8462,223
company, payable Sept. .25,'tj holders of record Sept H
Dividends of 33 cents per share each were
paid on March is'
1946.
holders of each
was
Nev;
Jamin
1943 !
-
value,
to
and. that
■.
,
J
,
1945
* 1944
$124,059'. * $134,796
Net from railway
Net ry. oper. income
JPjOfli J AH* X '
in
»
.
1946
$119,460
railway-—,
par
The
-Vv\*7;'pV;
Colorado & Wyoming
"...
no
shares
1946,
value,
•approval
1,793,303.
97,847 " : :i,516,184/7 1,695,797 /
*
jU]y
Gross from
par
3*.026,52$
:'v.V"
22,
no
7,793.81$
619 856
'
railway----
Net from
Aug.
269,57?
135,325 '
at
and June 25,
'
.
;;
;
stock of the
:i
.
'.[■! Aq amendment to
1943
$1,192,601
460,63* /
1944
$1,345,296
.438,946
share
,444,458
$424,739
'
income per
As
Conde Nast Publications Inc.—Stock Distribution— ; >
the certificate of incorporation was filed on
I
;
1945
$1,422,509
v
of $1.25 per
payment
a
21,375./"
bilities were-$2,687,422,. or a net Working capital of
$6,048,019 ^
Av dividend cf 35 cents per share has been
declared on. the capital
Gross
r
'
83,853
—
from
Net
"
'*
v";.77'"///a
134 032
1946
from railway
railway
**»
'•/
y
$880,232
July—
Gross
"''■;'■•'■■•
''
Ry.—Earnings—
Colorado & Southern
■Net
'
"7;'
;
Net
*
preferred stock at the close of business on the
date of such order.
A similar distribution was!
July 4, last; while on April 11 $1.75 was paid and on: Jan. 2
1945
'
$iy794,362r:$i 76a 345
38,860
42942
=
•
;v-"■'■■
75,COO
Net income
the
In each quarter of
made.—V. 164, p. 1080.
.■
'
,1
•
■■■■
& State inor taxes
Fed,
Corp.—Weekly Output
of
after
V $1.50.
consider
be held on Sept. 26, 1946, to
meeting of stockholders will
the agreement.—V. 163, p. 3416.
A
■
19,735
■
Net toe. before
of
holders
day
made on
-
.
/
expense
taxes*'.
.■.■„
on
board
the
14th
a
tmrchase
•'
Interest
Deprec. and deplet. and«
cancellation: of lease,3 "'
>*
4
0.8
*0.4
Pay Preferred Dividend of $3—
dividend
-by the
candy
have
.
■
17.2 :
the preferred stock of $3 per share was declared
directors on Aug. 27, subject, however, to an order
of the Securities and Exchange
Commission.
The/ payment is pro-:
posed to* be made 28 days after the date of the Commission'^ order
sell
the two
Joseph, Mo,.. This includes
Candy. Oo., St.
r.
! ,Net'- inc.' before chgs.i:;;/
:7.9
.
187,168,000 ;•
186,956,000,
186,131,000
:
164, p. 1080.
'
173,265,000
160,791,000
V- The weekly kilowatt-hour output of electric energy of subsidiaries
of this corporation, adjusted to show general business conditions of
territory served for the week ended Aug. 22, 1946. amounted to 261,785,522 as compared with 238,535,438 for the corresponding week in
;.1945, an increase of 23,250,084, or 9.75^-.—V.. 164, p. 1080.
|
j..
(
corporation has agreed, subject to stockholdersv approval, to
nianfcs
machinery and inventories used in its National Candy
The
3--
Commonwealth & Southern
.
■
4,064,083
Set
■
188,594,000
♦Decrease.—V.
7,587,861
8,379,444
2 864 309
*
-
l^^^r^/;;4,710,259^:4,2ll,950l.^ 9,213,551.'l.8,525,()32;!■
•
Incr.
'
•
Grosffr^m
■•1948
i 188,437,000
Aug..
AUg,
Aug.
"
Vexpenses
•
'
1945 !
,
186,928,000'
■"■'
1
Monday,.September 2,' 1946
:
'
i
.
,
General Finance
real estate: and for addit.onal work¬
equipment and
purchase
1
■
'■
own
account.
Prices willbe filed hy amendment/
terred will be used to pay company's indebtedness^ to
ing capital..
1
produced--
costs
oper.
1946
v
:
-
-
•v
1945
!
29,119
24,255
v
$282,952
183,013
—
Printers, Inc., St. Paul—Files With SEC
^ The /company
on: Aug.: 23 -filed v-a 'letter * of notification with the
for 5,900 shares ($10 par) common./ Offering price $50 a: share.
Proceeds wili be used to replace present machinery, purchase addi¬
j
SEC
24,449
,
$241,470
215,964
..
>1944-
•
$264,945
tional
machinery and expansion of
187,337
plant.
Issue not
underwritten.
.
*
railway
from
Net
Net ry. oper.
—V.
.
136,046
152,016
income
992,825
352,840
239,030
903,081
287,373
699,134
202,198
'
from railway——
Gross
164, p. 680.
,/
•'
-
.
'
1,034,268
•
405,951
*
operating profit-;.—-^
Non-operating revenue and profit
/ on sale of securities—
'155,672
7
-
'
'
;I946)
Dayton Power & Light Co. since May 3l,
Net profit before
Capital
—V.
'<•'..
$77,334,855 $74,8l8;455
17.037,668 38,825,708 - 36,069:625;
3,196,924
6,877,662 i 7,006,263
and
A;0
.'.'.V
$6,054
$81,998
i-co—
July—
Gross
Net
$83,280
16,395
write-otf_*
'
order.
3
mechanical
ry.
—V.
is
it
reasons
possible.
as
from
Net
'
to arrange companies in' exact
However, they are always as- near
position
Net
Nil
4,494
.
„
>
not
always
Pfd.
fixed
&C.
643,285
charges-
&. min, int.^
div.
;7345.440
■
•
Bal.
■
Admin,
•
■
Aug.
■"
""
111
1
—
'
expenses
$4,868,758
income
Jlmii,.
,
,
■
r
■
T
'
12 Mos. Ended June 30—
Subsidiary Companies:
'
.1
.
.
..
-
^
'
ations
$9,414,245
the- common
dividend.
the
stock
,
I
•
$24,821,040
"Federal, State and other taxes—i.—i-.
Interest and other fixed/charges————
—V.
income
Consolidated
———
;
income;—* —
net
Preferred dividends
—
.
a
"paid
Consolidated
earnings per share of common
stock outstanding (12,223,256 shares)——
'
;
Supplementing its recent ruling that the common stock of this
Corporation be not quoted ex-rights to subscribe on or before Sept. 9,
1946, for common * stock, par $8.50 per share, of The Cincinnati Gas
As Electric Go.
to the extent of one share for each six shares of
Ga3
Columbia
common
stock held
p.
Colonial Sand & Stone Co.,
.
■■■■"■■
'
6
.
Mos. End.
$6,522,000.—V.
on
164,
the
p.
books,
1080.
■••'
r
Operating
Operating
as
of
June
.
;
30,
1946,
$3,999,859
127,739
4uly 31
Other
taxes
$931,159
;
-
Net
Net from
1945
1944
$123,599
92,686
,oper. revenpes.^-.'
26,593
5,558-
16,812
1,193
income—^
962,770
Net
120,727'
-
38,875
'
from
railway_-„,;
railway^
Net ry. oper. Income
♦Deficit.—V.
"
164, p. 680.
.
-
.
89,448
;;
76,401
$267,768
$185,469
'
Qtl^er-income
8
,
income
943
$267,796
mtge. bonds
46,667
.jDther„inf. & deducs.^>
6,530
$2,439,517
7,148
on
1943
.
.8,513
to surp;
$2,448,851
•.*
>
res...._
$1,464,569
Cr68,615
$141,153"
$129,230
__——$1,321,337
,0V. 163, p. 3282.
.
' ....
.154,256
to
preferred stocks-*—,...
61,394
28,222
464,646
:
.
'
,
98,000
SHEET'
hand
on
AS
and in
-
JUNE
173,000
$117,101: ->l $239,496;
$0.26\
$0.53
-
$0.27
,
.
AT
8412,496
75,000
30,
1946
banks, $513,622;
,
Govt, sfecu-
U. S.
rities, including accrued interest, at cost $657,603; customers' accounts
f receivable, $370,956; inventories, priced at cost which is not in excess
of market value, $328,196; miscellanoeus accounts receivable $78,202;
land not used in operations, $32,500; cash value of life insuranqp,
$14,300; air travel deposit, $425;. property, plant and equipment (after
for depreciation and amortization ,ofv $809,868), $331,698; pte-
reserve
,
'
paid ihsurance and taxes and patents, $31,443; total, $2,358,945.
LIABILITIES—Accounts
payable,
'
$79,278;
dividends
..
,(,*J
$56,-
payable,
,700; accrued taxes and expenses, $58,710; provision-for Federal income
tax, $351,690; common etock with jw value of $1.25 per share (issued
453,600 shares)', $567,000; earned surplus, $1,245,567; total, $2,358,945..
—V. 164; p. 554.
-
,
Detroit
Danish American Enterprises
With SEC:—> ;,r,7 a
The company
on Aug.
1,900 shares
23 filed
a
6%, cumulative
Inc!,
Ending July 31—
*
from utility operations:
Electric department
0.
Steam heating department —
•
earnings
Gas
No
New York—Files
;
preferred
stock
t
t
l
department
department
v.;'.'
't
*
..........
.
«■
.
$85,443,181 $85,534,547
Total
Operating & maintenance chgs,, current appros. \
to retire,
(deprec.) reserve, prov. for accel.
deprec. St for postwar adjusts., & accruals for
all taxes other than income taxes——
resttmated• Federal Income taxes:
Normal tax and surtax***—*—*
ptofits tax
Excess
.
,
67,182,918
68,350,8101
3,972,000
3,525,000
utility operations
Income from
Othe.r
921,000
—
income
_
$14,288,262 $12,737,745
—
/•..
—*
571,5$3
;
306,512
'
corporate income-—$14,859,845 $13,044,258
Deductions from income
6,128,684
6,073,383
Gross
'Net income
-V.
$8,731,161
.
^
$6,970,875
164, p. 681.
Detroit Steel Corp.—Common Stock Placed on $2 An¬
of 50 Cents Also Declared^—
23 declared
The directors oft Aug.
a
regular quarterly dividend" of "50
sham and an extra of like amount on the common stock,
both payableSept.
14 tohhplde.rs .of record Sept. 5.
Distributiona
of 25 cents each were made on March 15 and Jqne 15, last, and.ia
cents
per
each quarter during
a
unit.
•
C
-
1.x
1945.—V. 163, p. 2578.
Detroit & Toledo Shore Line RR,.
-.
Gross' from railway—
Net from railway
Net ry. opeT. income-'—
From Jan.l—
.1946
$342,121
-Earnings-
1945
$295,549
110,822
; 119,914
:
25,203
2,306,686
10 shares", of
Net from railway^—*—
•897,608
Proceeds will
Net ry..oper,
lnoome_l.2
215,807
—V.
*.
43,550
.1944
1943.
$289,009
$306,730
112,024
49,609
134,713
2,586,296
1,303,756
2,539,565
1,387,071
412,441
'510,170
"
45,381
681,
in units of
Price $100
Underwriter named.
i
*
$82,385,268 $82,583,648
2,488,355
2,399,981
551,473
532,362
"
18,082
18,565-
Water
Gross from railway.—_
<$10
,.C
.
par)/ and
0
.
M
i
1945,
-
—
•
/ T
/
: 1946
*
,
•
letter of notification: With the
'i10 paf) common, to be offered
preferred and one share of common.
be hsed for-working
i
Edisoit Co. {& Subs.)— Earnings-^
Months
12
Gross
July—
115,802
53,927
,
i
$1,068,338
625,758
143,619
tax*
outstanding .share*;.^*./
ASSETS—Cash
6,474
$192,101 '/•
.
$1,553,184
*9,841
912,5381
income
BALANCE
560,000
70,429
.
$214,599
$132,597/ $1,813,435
73,446 -/
3,367
157,535
capital.
J->
$2,094,998
75,416
.
560,000
•a 'i
t
$2,085,332
?,666
$1,655,900
334,563
$07,227
♦5,436
979,085
-
$220,394
-$122,394
per
$369,182
43,3U
'
tax*
-•/.Net
--
146,973
$185,627.
-
36,839
inc.
Fed.
Federal
for
$183,555
nual Dividend Basis—Extra
gd'tlTefciiicbme
Trans,
*
9,334
..
$186,412
46,667
From January 1—
Gross from
.;
J
78,277
Balance
$142,995
*21,698
railway^-
Net ry. oper.
>329,703
176,725
147,851
—
Balance surplus
applicable
$145,737
railway
.344,557-
1946—12 Mos.—1945
$9,996,113
$9,693,304
3,926,121
-3,809,644
1,861,219
"1,492,170
1,031,105
1,203,873
906,004
934,432
$857,836
w^.
Depreciation
-
1946
from
Provision
-
S516,155-
,
73,029
i
before
income
; 73,944 •/
Provision'fo
approximated
Columbus & Greenville Ry.- -Earnings-—
July—
Net
..
1946—Month—1945
expenses^-.
Federal taxes
:
Interest
Gal. Yr.
$258,656
-
_i—
profit
income—net
•t
"k
i
„
Light Co.—Earnings—
revenues
Dividends
Gross
f;
)
:l : ■•-:.*
■
Period End.
.
1945
$2,499,697
Net income after all charges and taxes—233,023.
orders
1-130.
:'h ' b^dss
Jur.. 30,'46
....
————>—-w—
Unfilled
.
Inc.—Earnings—
Period-—
Net Sales
Operating
whoily-owned
Dallas Power &
Aug.
..
—//,
profit
•
.
the New York
Stock Exchange on Aug; 22 further directed that Exchange contracts
In Columbia Gas common stock on Aug, 26, 1946 shall be ex-rights.
'
$257,499
51,744,156
1,228,001
\;V-•'■■/•■ >0X0
'
until further notice,
Registration under the Securities Act of 1933 became effective on
22, and the Exchange received notice that the offer will "be
made by the corporation, to holders of record on Aug. 22, 1946. Stock¬
holders shall have the right to subscribe at $26 per share.
The rights to subscribe were admitted to "when issued", dealings
on the New York Stock Exchange on Aug. 23, and to regular dealings
on
Aug. 26.
They expire on Sept. 9, and will be suspended from
dealings at 12 o'clock, noon, that dace.—V. 164, p. 952.
/
•
,
1
■
-*
562,173
$924,484
; 665,828
Selling and administrative expenses
RecapitalizatioiiK—
is to be effected by merger of'this company, and
subsidiary, Corroon" & Reynolds, Inc., Philadelphia.
The present company will be the continuing corporation.
i
•
The proposed preferred exchange will constitute a tax-free exchange
to stockholders for Federal income tax purposes, counsel, has informed
the company.
Its common would be undisturbed, each holder retaining
his present holdings as common of the continuing Corporation. '
r *
There are 42,671 preferred Shares outstanding. - Assuming, all shares
are/exchanged, there will be issued 256,026 shares, of the" new pre¬
ferred stock.
.■-■0k..
. ■. ■- ■•/ ..;■•■ -■■■. ■-■•;
Application will be made to list the new preferred on the New York
Curb Exchange,
where the present $6 preferred is listed.—V. 158,
its
<
$0.62
;
Gross
Jun. 30,'46 Jun. 30,'4G
vT-. A recapitalization
.
;
t: $1.12
6 Mos. End J
3 Mos. End.
sales.*/.
:u-V
-
-
$14,052,734
6,453,640
Ruling on Rights— ^
-
4
$6 preferred stock (callable at $105 a share and accrued'dividends).
The plan calls, for declaration of a special dividend' of $2 a share
on
the $6 stock® if the plan is approved, thereby reducing arrears
on
the issua. tb',f$20 -a share.
.: Vw ■ ■ -.-■. ■:: 0*
-■" •' ■
•" ' v'-1.;
;
846,524
3,975,026
.
,
*
$819,672
of /
Cost
:•/
Earned
0 A special meeting of stockholders has been called for Sept. 26 to
vote on .a proposal to -exchange* six shares of a new $1 dividend pre¬
ferred' stock (callable at $21 per share) for each share" of present
.
Cr5,0,658
$20,118,881
6,453,640
—1
basis, the New York Curb Exchange, beginnings
will record all transactions in the aforesaid stock in
shares, it is announced.—V. 164, p. -681. » >
value
Mar. 31,'46
-:"■ ••.■;{■/:;■"•.:■
163, p. 3131.
1,753,589
437,027
562,689
r/,;:v
'
,
at
Corroon & Reynolds Corp^—Plans
1,347,943
.
749,720
3,002,796
Cr29,414
-
Miscellaneous
979,057
■>
on
Distributions of '25 cents each were made -on
March 30, June 29, Sept. 28 and DeC. 28, 1945;
Fresident, reported that, production has attained
both, the Mount Verno© and Grove City plants and
that' new business continues active and backlog, of orders on-hand.
approximated $13,000,000,
as reported
to shareholders r cm' AUg. 2.
•
$20,171,569*
;
expenses——,^——i
■
share
1946
par
Lefebvre,
high level
—I—-r
Balance applicable to corporation———"
Columbia Gas St Electric Corp.:
eince.
Gordon
a
$31,740,237
$25,661,875
Special charge
4.—-2,481,274
—a—
Interest and other fixed charges—.
2,708,765
3,033,920
Preferred dividends and minority interests—
.1,729,168 g 2,456,386
Administrative
common
none
:
0
maintenance-—-—'
74,254,390
and depletion—12,950,301
than Federal income-—--——
9,693,480
income
1,879,639
310,243
437,159
378.253
sales
Other
/
>
income—$140,405,053 $139,266,020
69,558,329
.14,452,204
Taxes other
10,122,241
Federal income taxes--——-.:■■ 11,098,742 r
8,450,188
Federal excess' profits taxes
667,903
11,021,183
Gross
for
26,
$8
Net
-
:
the usual quarterly dividend of
75 cents per share oh the prior preference stock, payable Sept. 26'to
holders of record Sept.
11.
No action was taken with reference to
Gross revenues ,and other
'
♦
Aug. 23 declared
directors on
The
Operation, and
Depreciation
~
'"
E
1945
■
-
■534,718
/Detroit Aluminum 8c Brass Corp.^—Quarterly Report-^
Cooper-Bessemer Corp.—-Preference Dividend—Oper¬
■
1946
,
67,344
,
Cf28,927
INCOME STATEMENT
CONSOLIDATED
COMPARATIVE
Crl4,275
r,
Mi.
1,782,320
263,523
\—
$3,384,134 $lf ,065,425
$4,795,263
Consol. net income^—
315,298
194,148
993,093
-
Cr3,966 " -Crl7,915
A
•:
.■•
303.7S3
221,555
665,550
Fed., State & Other tax.
!v:
1
& Elec. Corp.:
Gas
Int. and other fix. chgs.
Miscel.
1,1
1
Consolidated Edison Co. of New York, Inc.—Output—
:
i 1,229,168
^732,359
,
share
a
the
•
73,894
43,213
.
been
The company on Aug. 28 announced that System output of electricity
(electricity generated and purchased) for the -week ended
;Aug. 25* 1946, amounted to 184,100,000 kwh., compared with-166,700,000 kwh. for the corresponding .week of 1945, an increase of'10.5#.
$16,382,644 $12,373,204
Local distribution of electricity amounted to 173,100,000 kwh., com'f
& pared with 161,800,000 kwh. for the corresponding week of last year,
' *566,991 v_ ' 665,192
;
>
429,518
333,885 ;; an increase of 7.0% .^V. 164, p.' 1080.
1,334,985 : 1,988,809
7 612,839;-
$5,982,195
appl. to corp.—
Columbia
$6,281,835 $18,359,885 $15,144,378
800,238
1,244,882
1,542,006
—$6,970,920
income
Gross
"113,879
Having been notified that the common stock ;of this company has
changed from a no par value to an $8 par value per share o»
alphabetical
alphabetical
.
Int.
1943
$260,523
30,540
v c-' •
1,797,652
178,210
'
1944--/
$257,899:..
;:
Dcfrby Oil Co.—Par Value Changed—
»'
-
40,631
railway—*—
..
$305,336
99,776
-
opef. income—
164, p, 681.
■■-•
"
27,443
;
j
$59,790
$108,116'
3,406
.
NOTE—Fot
possible
■
$65,907
'
railway——
from railway
ry. oper. Income—
From January i—- v ■/:.
Gross from railway-*—
■'
•
Earnings—
1946
$277,533
from
Net
23,489
/
Salt Lake Ry,
Denver #
5,67|
$124,511
;v;
16,092
,
expenditure
163, p. 2992,
maintenance
18,165.918
Prov' for depr. & depl.
2,989,569
Taxes'other than Fed,.-"..• * :.//
income
2,312,829
2,491,336
5,043,758
5,243,448
Federal income taxes^.:
2,995,031
1,819,932 .
8,227,832 i 5,120,686
Federal exc. prof, taxes
:
2,403,356 //■■- -——6,229,055
Oper
vl
■■:■■:.
15,010
CD o
c-
"
1946—6 MoSi**1945
1946—3 Mcs.—-1945
Subsidiary Companies*
•'*
'■
• ■'•*.*
Gross rev
& Other inc. $33,'434,317 $33,231,051
.Period Ended June 30—
'
$58,457
'
Total revenues
X—*
Provision: .'for taxes/*——-.—i/.-*/./;
\ Columbia Gas & Electric Corp. (& Subs.)—Earnings—
(Excludes operations of
$66,988 "
Estimated
a
*
V
t
3
'3;-
•t .6
164,
i
p.
i
2,596,911
'1,271,504391,020
.%.c i-
4Si:.
400*
oixkii e, * 164 „7; 3sl
P
rj;;.
r<4521.'
^ *j'™,
4
1207
7$
■.%
Gross
?
f
235,345
:, 136,645
Net;fyy,,joper.;4ncome^
"T *;/-/■ Y sWM\9^ary.'4i-',V,; >'
144,660
77,966
i
J; 196,071 v.
125,184 ?
t
^et'ry;
(?
Calls .Serial Notes—
64,820
11,762>
V 14,370
"mii.VJVu
xr,.
;
-
•
.
.
$227,0397"
76,000
\
$226,847
$151,939-
6,333
$160,847
2,319
76,000
-
$5,061
..1,720
'"V»u»'
164,
^Co.; 165 Broadway, New York, N, Y.—V. 164, p. 625;
^
V
,
r
420.
p.
of
Form Of ctfs.
$148,628
•119,125
shall be
-122,434
:•»
■■
Fiiis,Bce Gori>.^Calls Preferred Stocks—
tshares.
.
x
'
i'
1
■
*
•v
*
'
f>
''
"
Immediate
.
wfec- BoUle Corp" Wasbingt#n- D c1
'
The ^company on Aug. 16 filed
.Aug.
which
/ ' Fate^Root-Mcathi Co., Plymouth, O -^Files With SEC—
Gross
$5,808,632
^ 3;817,19(>
from railway
$5,545,796
wjlet5 frOht railway^Mi^^' 3,310,958
Net' ry. oi>er. income1.85i;377
.
(
1943
*
From Jan. 1—
.other corporate purposes.
,:2,268,033r:. ?1,872,848
.
'
avs 19Q
91
closing between the -company and
warrants
the-common -stock
date
date
of
evidencing
the
a
company
the underwriter,
right to purchase 30,000
at $3 per share.
The
and
thereafter
until
they become void.
AGENT—The
and
including July 31,
;
••
transfer
,
after
1950,
■•■
agent
is
Marine
Trust
Midland
■/'/,■
,■•
SUMMARY OF INCOME STATEMENT1
Calendar Yefirs—' '
■
.Net
billings
J945
.
1,485,224
949,220
168,805
■
1R R34 R03
•
—,_.
.
xi.
^
65,288
61,178'
'
^
$67,189
4,524
$268,429
$169,470
2,955
;: $172,425
•
12,452
•y-r
,
1,446,920
■
-;-
.
'2,624
:
■
inbome
-
Other expenses
'■'-other
Net
'.11,670
.
Renegotiation
Aug."3 i146
Aug. 4, -45
♦$57,915,100 t$42,606,777
673,950
78,077
-nil Villi
'
1942
$908,707 " $1,776,536
$145,648-- -171.7H
Other income
Federated Department • Stores,. Inc*—Sales Rise—
13 Weeks Eridefl^'
,
-■
'
1943
1944
,
Net operating profit, ;'"•■«■ $133,195
-
(FOX & CO.)
$1,094,486
Bell, and admiii; exps.i J > ;
>
i,• 1
.
'
•
$1,727,224
Manufacturing costs
and
-$-14.50'
Total
.
KR1
for
;
-
,
Co., 120 Broadway, New York, N. Y.
the; company
shareholders.
Offering price
Underwriter, Livingstone, Williams & Co., Inc.; First Cleve
Corp.; ,and-Cunningham &- Co. Company will use its proceeds
purchase ;0f additional machinery and equipment, plant improve-
■>
$6,116,625
159
V 4,121,750 % ■ 4[674!e38 / ^ v
145
remainder
-
available
authorized
'share;
iW^s/ lfer
.
-
The
be
■
,
!
,
of
TRANSFER
;
land
irxgs—•
pututh Missabe &-Iron ,Range Ry.—Earnings
14'1946 •
1945
1944'
will
-
'
a
July—
$92,000
iiot be
assignable, transferable or exercisable' until
1947, but thew will be assignable, transferable and exercisable'
1,
that
t»n
v
"nehatt -of
,
approximately
.warjapts 1-will
:
notification With the SEC
0U|i
-
.
time
.shares -of
the;
1946,
Fi,cs
-
letter ^of n6tification ^with^ the sec
a
1,
or.
the company is to issue
foil redemptibh price will tbe made at
the
payment'Of
Oct,
•;
^6
_
%o
'
-capital .is 300,000
shares
Of
.\commnn. >stpck •?(piat!'; $1.)..
Prior to this financing, the company had
issued and
outstanding 171,000'such shares. After the completion of
stnis: financing, the
company will have -issued and outstanding 270,000
.
delivery..; «:demptith: price theiPbf- piue- accmed dividends'
1 redemption date.
?
>"
a
proceeds,
CAPITALIZATION—The
.
v:
&■::beginning8ept;; 6, 1946, only permanent certificates
*-V. 164, p.* 6&1.
' \
• • '
'
net
general corporate purposes.:,
+
An ,of the4 outstanding shares 6f - $i.5t> cumulative ,-preferred stack,
V^- The New,,York jStock-Exchange'oil-AUg: 23'directed that ^deliveries
>seri«i'A''and'fi6ri^s-..B,> •htfvcbeen .'called-for.redemption on Oct. t, next;
class A.^ stock, up to and .including Sept.;
1946. may be* aiade v(, -at '$26.87Va"peX share ffir the series A shares, and at $27.87'/a per share.,
I.:,■'.Cither with temporary.'oertificafees or with permanent'certificates; that.j'
for ,the series B shares (representing for each series the current rej
,
such
.
^
v
.
:
Af- rffc
O
•,'^cVOe .&>Rayiiold»_ Company*, Inc.
.•'"V
.-V';.
■ - -
several
.
-proximately, $143,000, to liquidate current obligations.
,
■
./
concrete-base
a-
a
FtJJtPDSE—Net proceeds ^approximately $238,500) will be used as,
follovva:- Tt is presently -estimated -that the company will spend ap-
.
•;\i>-;a
$150,219
.
-
.
•$199,752
27,094
in.ra-
$11,395-
1
thick.1
;
The- company has a contract With
ror all,
the,aluminpm-needed for the
major supplier of aluminum
remaining 950 houses on the
contract previously mentioned.
For the rest of its metal supplies,
•constituting the principal requirements for- its range of production,
the company is dependent
upon approximately six suppliers of sheet /
metals.
^
•*
'..'.
"
55,458
-
by another producer on
and unassembled.;
manufactured) by the
inches
-
i
'■
'
J
$172,48X ;
2,095
■
_
-207,088
will be supplied
and
•
fh addition - to bolts .supplied^ (altnough not
comjpany, assembly- and; erection will- require
$1,258,769
741,795
107,105
'210,115
•829,763
-138,127
$9,299
5,076
■
4-
$1*347,401
.
;U
-
«.
w.ll'be'made of wood
VSontr5^L,v.The'h0U8es v w111 ^ he shipped ' unpainted
1946—12 Moa^-1945
:
Nit -olperating/;i'evs,*2 ,^:0iv$6;548
^Nonho'perj iric^hetii-:
$11,625
2
v-Retirs. reserve (accruals
6,333
-.:;
outstanding lO-year Berial notesAmaturing Oct, 1, i 1947;*
iT"- >'"'111111 ''"■"
•!!t^.'
t
1QR1-.
havo
VlAfln -tv' 'I-' '"-'7' V'•,■?"?,.
»?T J< '''Va^•'■>., ""*
antf '5annually; thereafter lo ;-andi including'?Oct.^ li-' 1851$ have - been
t^oss income
--$5,292
Called for' payment on-Oct,, 1, next, /<**» ihe^lncipel amount thereof
■s.,;: vaiicu
Awi
jja^uicut
jxcrfyw,
at <u«c
Interest charges
■-J-?,«-• 47",;
VV^.^^Can'd- accrued interest to the date '.of*redemption plus premiums equal
'■"'.A'to %oft% of ,the principal amount of each-note for each! six 'months
Net .income
$5,244
-i-'
nr
1
1046
trr-tho resnective maturity
or f-rnnMnn *t.h«»r«nf from nipt
fraction thereof from Oct. .1, ,1046 -to the respective maturity date
date
Dividends declared
of each note.- Payment will - be made at the Chemical Bank & Trust
V.
of "the
-1945-
56,494
'-9,312,
*13,762
f
•
1,192^111 V 1,248,623 : 1,519,970^^
oper; ihoflnve^o ^ 749,6617
■7'7-
IU4-M
'
.
"'•? ; t .Grow 4rdm ^iway^^'T^S?,797 /£■5,479,644' S 5,398,616 y3,665,777^
■#;& 'tfet'fmfy l*ailwayiixl^v:|^448i599^:a^63;437»«;2^2fi,161'r' 2,721-364 7
v^^
1946—Month
*: s,v r$97.so2 ?;
307,243 / .Opc'rattch^'ia'^^^itw1'.1 !*.!»*
196,567 : Maintenance
Taxfes. •:k-SxXl-JL Idli i J~ '•
-V;";' ^iwj.
i;• V\-,,rw<..+■
.lt(^ >
*
,Ketifrqm':^.aywayv'iV-"
#;$74L&6l
$654,542
$7,78,656: ?
jEtoto'«riilw&y/;*
'r; Period Elid." JulySl
& iDpefation i%Veriu66- ii
'{N-l-94^ ^7f-M943
1945,
'^;184dV^
July—rVyMy.
1
RR^Earnihg^
Detroit Toledd '& Ironton
.
4-
settlem'
income
after
-
:
.
'4,782
$271,082
:
7,864
5,950
110,000
40,000
&y-
fe
«.
-
$133,978
$66,832
•
$126,475
$153;188
'
Subject to renegotiation
in
any
proceedings which may or may not result
additional payment to the U. S. Government.—V. 164, p. 277.
Fruebaul Trailer Co
\
(& Subs.)- -Earnings—
•
-k Net" sales'"
y Federal taxes
S-T-* "S..
V'£v/'3£'.
i
,.•«_
■
'
.
—V.
'
•
-
't V
T* 1945
..
'
-
/From Jan. 1-^•
.Net ry. oper. inoome
-*191,082
.
/
^
-t •
--
.
ment
-
Assigned
finishes
us
exacting
an
Nbt profit
^
v
Aattchreib^
Income
(est.)
Dividends oti 4J/a %
Dividends
-pfd. stock
pfd. stock
Common stock
on
on
$976,585
$2,301,252
-
Dividends
4%
conv.
168,752
cum.
63^888
.
1
on
318" 256
595,714
1,191,742
$i.72
'
■
397,821
:■-' $2.03
•
435,269
262,550;
■163,328
1,1
It^—Earnings-
Fioridi-East1 C«ast
:Gar WoodXndustriesrIno.-*^New Official—
?;
W: Gerard luttle, ; formerly director of industrial relations of the
$2 -564 063 ^'-■ ®a,J Diego. Division. of Consolidated-Vultee Aircraft C0rp., ' has' been
1356 aifi
named director .of Industrial - relations of Gar Wood Industries, Inc.—-*
•!
1943
From.JahuaryT-*which the War Depart16,243,762 r 19,143,025 20,538,854 V 20,619,942
Gross ffoirt raiiW&yiH
Nqt Irom raiiWayyi-- y;' -^12,133,716 ; 7,590,425 . 9,538,802
9,459,761
*> •ww dki;>
1111 <?ir
u 9ivflfi7T
fi 4iq 709
\ v'At midnight on -Aug. 31 the Du Pont company turned. over to: the
Net ry. ■oper. .ineome_
2,362,861
-3,331,535
4,2W,67X. ,e,4i9,vw
General Electrhx Co., all of the duties and activities -in the -perform- >
—V. 164, p. 682.
,•
ance
Of its contract With the government in its atomic energy, pro*
gram.
At that time,-General Electric took oyer the operation of the y .
Hanford Engineer woNcs at Richland, wash.—v. 164; p. 681. r
.<
Fdhs Oil Co.-f-Proposed Consolidation:
K
piany,; this week,
•'
.
-
Aug. 19 filed a letter of notification with the SEC
' Noj'of common shares.
Offering price, 25 <
Offering price, 25 Cents a share. Pro- f
Earnings per common share
ceeflS'Wili he*:Used ifor inine SMdlnrimmiiL*.' t».'■'■"•'■I-rr/t PJfr3|t P. " 3284..'
development." \??%
•><;•
- '..v
•
•^b'fSECf^
"=
<
J'' ■"i";^beficit,^.' 164, p( 68L
'
-
•
for- 348;402 shares ,-co.minon.
1,520,400/*../;for-: 348;402 Shares.xommon.
2,061,400
? .650,626
52,275
'
; JtlH
Sh ^
•
The company
^1,621,2.00
v^^Nettrom railway^^-w; v l22,981 -1, 368,736.
1,466,500
;
-
38,574
4,784
on
.
'
■
,.
-
1
*
Gross front railway-:.--
163',-p. 2578.
•
1^43
'
.'1944
Gross, from railway-_>i
, $184,400 r '
$247,000; -$i64v500
Net from-radway^^r---. ? i ■ 18,972. • ; • 63,105
V 1,415 y.:.
Net fy. pper; income-:^, \ J • 54,057 \ • 22,423'.'.
♦22,742',;
1946.
-;July—-
,
:
1946
*
1945*
$33,581,091 $33,490,573
1,408,359
2,425,008
6Mos. Ended June 30—
?
'
task
Gary Railways, tlMC^SO-Ccnt DistributioD-
■
:; The'
dfrectOrs have declared a* dividend of 50 cents per snare on' the
^tock, payable Sept. 3 to holders of record Aug. 20. A like
was paltl on March 1,
last, and.on Nov. 1, 1945, as compared
with 18 cents per share on Dec. 1, 1944.—-V. 163, p. 1426,
;
almost four.-years ago."
common
•
amount
•
.
.
'
'
-
See
^
*11
■
*15
unusual
reduca.
.
in Fed.
ihc.
1,377,898
4,047,760
1,839,476
taxes
Depreciation" «& depletion-'Interest at'debt discount
tiniy
5,390,'427,;
2,280,978
'
:
b%W
.
Balance before state t»a*es on fllvidendsl.—w.
;
.
"
1
Other
accruals-
tax
ry.
'k
y operation
$47,000,009 "government-owned-
'$6,3F
*
•
-
v
-
-Net
other
oper.
4,038
.;
the
chemical
;
*
Hanford" Engineer
"
at Richland;- Wash^ Operation of the works ' was transferred y«
to G.E. by the E. I. duPont deNemours & Co.-on Sept; I. :
;
Dr. - Zay ..J.efMes.1 ydee-Fresident"^ and .'General i.Managerf
Of r thd
$167,116 i f chemical department, -, said that William H. ' Milton, Jr;, Assistant
36,006 hi General Manager of the G-E chemical department, will continue aa>
i*»i.
$113,639-'
13,516
:
23,603.
6,000
.3,499
ar
$10,077
h* -
.
X
1,909
1,448
: 12,906
.$63,524
f
(|-
income—i—^
H;
2114
.2,544
.
Ladder,
H.
,
Hanford -plant
$97,635
1,887-
2,065
t
As«staftt -Manager -of- <the service engineering ^division"of the Apparatus
Department/ has been appointed Manager of the huge atomic- energy
plant.. ,
• hX '-v.-,; -.-•■■<
;...^
t
Announcement that General Electric would assume operation of the
$109,998
12,363
^ ^
ittt^ineay
of/ the ^Tanford Works .and that David
_2111B;" ). administrator
$76,520
$16,500
$15,052
•i
^
of
Works
-
311,331;
342,314,
—
ry.
,
•'
de-
field, this: company announced on
department will be responsible for the
-energy
.
income—L- ^
oper.
%2,362,042 ^ Ne^rentS^ ^^
'$0J34
--
-
atomic
$478,447
•
^42 ^14
-V
49,m,
$18,115
4;000
-
S
'
$3,456,787
4Q TOl
•
Net,rev.-fr. ry. oper._
Federarinoome
$4,507,5161 ■$2,470,771
ft'-fat"
1,108,729 • 1,108,729-
preferred stock__^__-_
953,
56,230
*
;-Ry.
Earned- per share of- -6-fc
''*:&>'>
K(\ 97H
,
V
;
^
',i%fevrvAYi<:#»<$fVO'w
PPwating^expenses—^
vvv'^.-'
i':-inrfii<rti'iffi" '"1'' Wnni'' ,4b
Net .income-
.-^$74,345-—$76,300 "•$455,958-
operating, rev,enues
•
4^63;7o5 n:
.
Eddyjune 3(N~'4 >^4946i~M<mth^4§^»1046^M6s^i945 ?
"
SOBBSI
i"Air.-{;-'3?3rpV%; JOT- inc. &, CXC. pro^s, t-RXGS & .specCXl^S;i;-•?:$
to
velopment in the
U Aug. 22 that its
Fonda, Johnstown & GloversyRIe RR.-Earnings—
$324K50
fll»832»65P,W5'5f5'881
*•V,
'
682!',',
Producing Co. belowi-y. 164, p.
4
Eastern Gas & Fuel Associates-Earnings-
Jdi«nh^-
i|exas-Gulf
General Electric Co.—To Operate Gov't Plant—
%$l Under its agreement with the Government for research and
was-made
in-June
;
when' Charles E.
Wilson; Presidents
acoepted the responsibility at the request of; Maior General Leslie A.
-
GrbVeSiv-.'ktfh.
.;v,
j;
'V
/ "It is of tremendous - importance to our; national interest that we
maintdiri. 'and 'develop still fiirther our ■■■;country's preeminence in; the-'
,
?■ #Total"! income»L,-^_I—
deductions—2_i—
$17,366 2,691 /
1,558
$10,-712 .■
1 3,328 -i
,
^
$99,522
$65,590
1*5,217 ••
'10,954
1'
field? of -Atomic- energy) having in -mind ^both its military applications
and- its tremedous ;peacefcime potentialities as a
power-source: and in
10,553-
y; 8,590":
.
iiiW-huti,
*
qther ,b©neficient applications,1' Mr. Wilson said, at that time..
National Power & Light Co., *s compared with the corresponding.^fcohtittg^-Int;;on;iunded:^poihted out that General Electric has intensified its research .in fielda
week during 1948, ,w?re gs foUqws (to
13,558
;thopsands,of.Wlawatt-^purs)^ . . debt.-_~^—.< •
2,259;
•
2,209. •; • 13,55813,558 f relating . to atomic energy/ which it began before the war.^-V. 164;
$78,014
.
! Operating BUbsidlaries-of-x
- —— -
Ammint^^PbC
$945
-1946
Alfieficatf Powerrnxjght c».U4.^"176,566; 168165-r- 1,6ll
.
Rational'Power As-Light Co,i---^
"•Decrease..
"•
;•
*•
;
•74)484.^-.76r76-l-877- -•♦S.d
102,828^v$l,001 ,11,827:;;
,13,9
Electric Power! ite-Light Ccwfp.J.——
;Vtw}9Ji!
1
-r4.5^/DepreciMion^(Way^and-/
•
$3,723
') /
Net income
and, equip.)--
1 •*; strwet.:
.
$10,858
2,980
•
*
.
-
v*--f
-
-I-*-
'
"
,
.1 ■' ■
i
~P ^
$64,456
'
~
'
1
'
.
-;;f General Foods Corpui«-EarriingS^£'•
17,880
/tnVlnflW
i^tt <1 onri
^
3,271
^^64^ 954./^*,■
'..
$28,225
" •
19,619
, -
-
(Jpbludmg whplly Owned subsidiary companies in U.
;
Period End, June 30-^-
' ;■
i046*—3 Mo6^*~1945-.
^. •
■
.
and Canada)
-1946—r0 Mos.—-1945
•
.*« any
N
.
^companies not appearing in botn periods,
■*
;-
Elgin Joliet A Eastern
/'-"july-^.'/-v!"';
1946-
;;
Net from railway.^-.—
Net ry. oper. income
1^
Jan.
Nfet from
'
■
i>I
..
1,640.550
..
rr^,...
Umnh- lVUUwni-lr
Empire
•
MUiwork
(par
\T*s
Van
the
used
•>"
T .'i,'
*1,827,783
coip.,
253,008
....,
ISTaw
...
...
X ork—Kegisters
1
Net
from
V
•
••
T
-ir
.•■.---
....
ry.
railway
oper.
income. J_
.
-
Erie?RR,—Earnings-^;-,7 ;7 IV7";7-; —r/':.
7 1946
1045 •' • : 1944
1943July
$11,107,535 $12,684,167 $13,121,243 $l3;759,025
•Gross from railway.
4,093,638"
5,555,714
••■i-iNfct-ifi'Bm' jsSilWayWviJ-/.;' 1,495,179 ' 4 3,209,294'
1,874,495
1,390,689
147,194.
1,329,372
Net ry. oper. income,-,^
•
-'
railway
Net from railway*-—
Net ry. oper. income**
Deficit.—v.- 164, p
93,075,704
.00,464,968
; 6,544,466
23,569.268
29,035,911
*.♦1165,631- .9,9451117$2,255,373
35,808,029
59,114,03588,010,041
681.,
'
v
—
12,228,202
ki.
77*
ORGANIZATION
in -Colorado
name -was
^,:?
Cb;, New York;
of common stock
'•
./
$
9,072,645
:
22,657,351-18,877,230
•6;694,023'
7 348,348
10,751,711
7,043,171
7, 216,591
2,'535,000
11,003,178
169,949
6,586,000
14,820,377
381,523
5,503,000
21,323,709
290,658
4,291,580
Total income
Interest
;
Est.
expense
income taxes
*, 2,953,661
..
-
f -929,670
4,247,229
8,935,854
8,033,051
4,-010,319
Prov.
■ 4,214,623
;
,,
per
for
tainties
7
Net
price
14,163,718"
20,886,985
251,467 77 656,659
436,-724
13,000,000
uncer-
earnings.—,
Earns,
:
"k"\
7;;
7h 'IloVji'"
-Frank p.
com;
share
shares);
3,791,580
^
.
'
,
V
.
;
$0,68
4,247,229
7 .7
/i;;.
$0,76
500,000
8,435,854
8,033,051
$1,51
$1,44
NOTE-^-1945 figures reclassified to conform with revisions in account¬
ing ..practices effective in 1946.1 The most important effect of these
:;'':,re,visions is the elimination, of casual transactions in raw materials1
i
share;
AND r BUSINESS—-Corporation' was Incorporated
June ' 1, 1946 (under the name of Fox and, Co., which'
-
.
changed to Fox-Metal Products Corp. by amendment June
frpm -sales and the .deduction of cash discount from sales,
These
.changes result .in reducing sales for the three months of 1943 from
$84,628,418 to $76;922,699 and for the six months of 1945 from $171,»
298,032 to $159184,364,—V. 163, p. 2993,
/y/:'
1946) :for the. purpose..of Acquiring,;.the business previously con¬
ducted- by Uie* partnership Fox and Co.,- together with ,the property
connected:wfth and used in such business.
:
7T
' '
..The company now has a contract for thfe sale of 1,000 prefabricated
houses.
The "50: houses completed during" June (which* are a part of
15,
the 1,000- under contract," were made of' steel, v but the Company expects to' use . ahiminyln as the basic metal for these , pre-fabriCated
houses for the futdfe:- The'pre-fabricated' houses now "In "production
Will consist: almost: entirely,di metal; and
substantially all of the
metal parts - will be fabricated and
supplied by the -company.. The
company ' cuts'.the' aluminum ;plafces for the
roof, walls and frame,
makes appropriate punches for fittings dnd bolts, forms tbe wall and
roof panels,-; the rafters-^ and; connecting bars, and makes connecting
bars to fiold the .windows: and; doors;: ;TbB .window frames and doors
per
-(5,575,463
?
'500,000
—
•
Jiily 16 offered 99,000; shares
(par $1) at $3
earnings-L
.;
-1,842,935 ; 2,139,586
:;--7' :77;.'
an
Net
7 ,7.'.:"
/v/;/;""
1,
9,786,124 -9,488,967
8,468,834
.
.
-
7'-:
-
from.sraiiway_^-.i7 .»1,071,907
Moore*&
oper.1___
Other, income-
,
.
frorii
;:
11,127,833-
-
—
Jan,.:l-f~-7;7 V 7:..7,;7 :'7
Gross froim railway
< 6,879,038
N^t
Earns,
V
s
-
77.1041 I
1945
v
-1944 ;
$1,646,171
$2,006,506 $1,653,158:
417,567- 7-588,280«. >1,192,701'
948,847
326,60617? 200,403
'
468,192"
496,696
,
.
etc,., charge^—_
$1,226,129
..From
vn
.
i
-
...
Witn
Aug. 28
for 50,000 shares of $1.25 cumulativeconvei'tiblepreferred stock,
$25) and 150,000 shares of common stock (par $1). Underwriters;
A-ld-f
.llnlhhhi'o ti/vVi
tariff! fooni
FHia
Alatyne) 'Noel
Col -Corporation Willi receive ?the ;:proceeds - frpni
issuance' of 50,000 Shares of the* common->«tock - which Will- be
to increase productive capaeity. add new lines of products and
Garcwss from
tijt!-1:.*
.
.
53,013,207 * 57,098,343 114,826,428 119,520,149
admiri.and-gen.
exps.,
Denver City Ry.—Earnings—
"-1-7■•-/"'.'-.y.Net-ry.^oper. income^.™;.1-?488,754
filed a registration- statement with the
—v- 164, p- 682-,
on
Erpm'Jan.-
','1;
7*
Net
*.
papy manufactures .and .jobs consists of doors, sashes, window frames,
door frames, cabinets, and Other wood products/etc.
,;77/'
:'t
Fort Wnrth
\ia'f
-
-
Gross from railway__l_
Dptfic+^rc 1 With
VavIt
New
......
o.
July—:: 1946
19138,381
e
H.
.
irvV;
978,046
20,027,910
expaild the business. Thb remaining 100,000 .shares of commcfti 'stock
And the preferred shares will-be sold by present stockholders." Company
Is a manufacturer ^and jobber of millwork-,' The millwork which corns-
^
■"
9eo nn«
'2,366,563
r*'i
•
-
&
.
,
* 5,060,803
.............
Cnrti
-
The: company
SEC
■
084,541
.322,745',;:
—
.
Selling,
M.mws' M,922,69-9 1S1,6«,497 156,284,864
Cost of goods -sold»4—i_
Miller, formerly General-Factory-Manager of the i
Whitney Aircraft- Division" of 'United Aircraft' Corp.; has Joined" Foote Bros:-as chief manufacturing executive of its precision 7
gear- division, -Wv A; Bariy-President, announced'on Aug. 28.—V. 164,
' ,r.:
^ -—n: v.y-i*;'
"■
i
>
,
X
\
.
. j
.
• :
George
$2,87.0,434;^
415182
20,693,837
I 5,561,470
Nfet ry, oper. income.—
♦107,509
"♦Deficit.—V. 164, p; 681. /
• :
SE.C-~-"'-.7
$2,908,337
/ / 746,069
118,562 -• 303,100
'
'-/i'
■<i.
lion JJiXecuuve
Pratt
"
13,038,468
III,' ui>-.;
tibr^eSw3? —^ i
Gesr-A-^l?h^<i-^1'p-;=?I^.1SWaue-
■
■
-194i'*\^^>. vL/
'li
1945
"$2,502,149
460,832
/
*
1
railWay
-674,291
f
;
railway
Gross from
•
Ryi-jEafnings—
GTOSs'frdm rdilway_$2,524,611
'V -Urom
v. ib«, p. liwi.
-
^General Instriimeixt Corp.—Dividend Rate Increased—
The directors have declared
a regular quarterly dividend of 25 cents
stock, payable Oct. 2 to holders, of record
three "preceding quarters) a disUibucicm of
15 cents per share was made^V, 1C4, p. 682.
per share
Sept.
>
•
I
,
•
'
»
*
common
.
/General Motors
(Froduetion -of
•*•-•'•
Corp.rrOutput Again Increased— "
passenger fears by General Motors in the United
the „weeh ended Aug. 24, 1946 maintained its pace off.
previous weeks but was still falling almost 50 7o below th«
normal weekly car output in 1941,
Total-passenger-car production by GM in the "United States for
the Aug. 24 week was 23,677 compared with 23,194 for the
previous
States
during
the three
i
the
In each of-the
-
4
"
on
16.
■'
V ■/"
/
-
•>'■■:•'■':
_
..].■■■'
'
1203
Week/
In
This
the
to
year
United
date,
stages
'
•Truck
Sales
GM in the United States again went up in
9,968 units turned out by Chevrolet and the
Coach Division compared with the 9,189 units pro¬
production by
the 'Aug. 24 week with
GMC
Truck
duced
the
and
and
by these divisions.
in the supplier strike
week
previous
little
was
of
improvement
[divisions:
,<&*>•' *6
*
,
Truck
[ppntiac
>.4,804
>777
1,316
99f
—...
———.—-
| Cadillac
GMC
Truck
Coach—Trucks——
&
______
67
893
charges
Net
profit
Canada—
Earns,
per
'■No
+
T-V.
33,952
Canada—34,538
and
164, p. 1082.
■■
.
per
taxes.
this
for
company
the
week
ended
R.
Gentry, Inc.,
Aug.
'
'
Los
Of
I
BUSINESS—The" company
incorporated
was
^
Stock
♦On
July
st"6ckv
,
This
($1
J
transaction
"
Authorized/:
'' rJ
,
the company issued
effect
in
was
a
-.
827.
*
-
.
:./v
.,
\
,
,
;;
is
the
that
announced
Robinson
new
store,
on
its
-
"
COMPLETION
proximately $12,600 will, be added to - working capital,
fof ,the purpose of resale
stock
STATEMENT
or distribution.—V.
Georgia & Florida RR.
;
discounts
:
Jan. 1 to
from
Net from
railway____,
$200
$1,483,116
v
"
2
1945
From Jan.
1—
;
1945
railway______/;i;!,i
93,111
/ ' 56,738
Gross from
$1,411,223
$858,268 /
245,158 i
210,164 /
'
1944
$886,549
325,001
~
I
Net ry. .oper. incomei__
—V. 164, p. 683. ,
/
6,090,118 :
2,144,550 ;
1,883,580
1,481,064
312,267
94,809
1,247,795
' VL-
-
6,326,5042,836,312
2,492,026
J
../iv^;:'1946 k-:Gross from railway.—
$435,159
v
Net from
vl 210,425
>•
:
railway.—
Net ry. oper. income—
From January 1—
Gross
from
•
;
1944
$551,109
194,276
69,912
ferred
3,987,200
1,565,707
163,539
V>
The
other
statement
mission
stock.
The
Gross
dts
of
The
of
300,000
shares
($1
marketing
policy
trade
has
■
.
founded
emphasized
in
the
"Glen-Tex,"
names,
1919.
use,
on
The
ts
its
"Waverly"
generally
States.
maintain
majority
regular
department
Sales
regular
of
are
retail
prices.
specialty
made
to
Unable
permit.
new
as
discontinued
soon
additional
as
the
during
war,
organi-
products,
and other
Grand Trunk Western
be
railway—
railway.'—U
Net ry. oper. income™
From Jan. I —
from
5,000
retail
throughout
chain
stores
the
which
'
the war to accept the
because of" the demand of
to
increase
available.
resumed
as
the
number
Exports, largely
soon
as
conditions
RR.—Earnings—
1945
$3,144,000
350,599
Net ry. oper. income
•Deficit.—V. 164, p.
611,210 \
1943
$3,063,000
555,025
and
-^-V.163,
s
contingencies,
stock
common
earned
fixed
533,623
*75,346
4,591,098
♦1,624,208
556.
2,853,706
3,021,365
20,506,000
,6,342,739
4,073,252
I
•
.
'
'2
pre-
"
w
the opening of business Aug.
26, 1946, the common
value, was admitted to trading on the Chicago Stock
164, p. 954.
■Hiit
mechanical
-,
,
«
V:
is
reasons
:}yi'
/
V, i.A
,
WSJ;/S||J; I
■■
not always
llilSIll,
1
-
•
'
//////1
Harrison Wholesale
It
/
.
.
Chicago—Extra Dividend-
Co.,
announced
was
Aug.
on
that the
28
directors
have declared
extra
dividend of 5 cents per share and a quarterly dividend of
cents per share on the common stock, both payable Sept. 16 to
holders of reeord Sept. 5.
'
I
;
|
RESULTS FOR SIX MONTHS ENDED JULY 31
FLY
..
profit
after
Federal
taxes
Earns. per share on 210,000 com.
..
July 31— T
revenues—
Maintenance
Taxes
$64,246
42,992
3,976
10,086
.
v"
_;
—
1946—Month—1945
'•: /.
Operation———:——
from
of
debt
4
reached
now
„——
Net
operating
■
(
.
and
disct.
1945
taxes
>
-
Balance
Retire,
%
;
/
33,185
Interest
/
225,647
ry.
oper.
1946
v-'V-
1945
1944
Hecla
$3,231,280
1,079,904
$3,105,673
391,397
'
Cr31
23,299,590
8,283,020
21,935,619
7,280,268
22,388,108
650,210
2,532,911
2,760,637
2,949,551
r
8,709,424
/
as,
in
conditions
In
the
their
and
order
retire
of
order
the
by
60 cents
dividends
a
at
share, and it is their
such
rate
opinion, such payments are warranted
the operations of the company.
increase
production
wc
have
contracted
if
by
to
and
so
business
buy
from
t^// 1946
.
^ ore
•
••
__—
accrued ,(est.)
t
_-_.
the
to
coming
finance
preferred
$513,259
565
$88*872
.66,339
-.1944
<
106,437
;
v
/
:235,064
$566,012
121,117
380,729
:
157,857
36,859*
:
V.33,631
6,911
$103,381
$132,190
$118,819
424,233
182,039
208,406
$527,613
$314,229
$327,225
income
1943
$639,447>
289,217
.
126,861
and depletion—
Net
—V.
profits
163,
___——_—
,
19,145
•:
$67,230
308,819 ;
3285.
p.
„
l
purchase
of
the
additional
$376,049
,
(
Holly Development Co.—Earnings, etc.—
6 Mos. End. June 30—
: ■,^ 1946
*
' * 1945
! 1944 "V
Net
profit after deduct-
depreciation, depletion and inc. tax_
Dividends paid
.ing
•Earnings
♦On
share—
per
900,000
shares
"vV-"-i
$60,000;
$745;
prices,
factory,
to
outstanding,, and increase our working
capital, we contemplate offering for sale to the public between 70,000
and 90,000 shares of our authorized but unissued common stock.
It
v •:
$15,696
f'
$18,488 v
18,000
18,000
t$2,304
$488
*.
of capital
Nil.
stock
CONDENSED BALANCE
ASSETS—Cash
cost,
1943
..V: ///V,
V*;;
/Balance-————
$0.02
outstanding
/ '
.
*
:
$20,219,
18,000
$32,599
$2,219
$14,599
$0.02
($1
par).
18,000
$0.03
$Deficit.
SHEET, JUNE 30, 1946
in
banks, $387,667; U. S. Treasury obligations, at
receivable, $13,493; crude oil, at posted field
investment in and advances to Wyoming-California Pe¬
accounts
troleum Co.,
$138,000; marketable securities, at cost, $12,500; oil leases
(after reserve for depletion of $498,400),
$62,455; wells and
equipment, at cost (after reserve for depreciation of $699,687). $72 276deferred charges, $2,297; total,
$749,433.
'
cost
LIABILITIES—Accounts
year.
the
stock
444:
.
201,034
.
;;
1945
<St,
■
$417,763
f
Deprec.
at
an
factory of approximately 125,000 square feet located at
Diversey Avenue, Chicago. Occupancy is expected around
West
first
In
to
declare
35,000
.
$89,437
-
Mining Co.—-Earnings—
Operating expenses
Hammond, President, on July 31, stated in part:
outlook, in the opinion of the directors, justifies raising the
to
/ v
$95,635
,76,167r.
•
Laurens
continue
$7,357
9,677
i/$124,437
-1,175,008
Hammond Instrument Co.—Special Quarterly Report
—Increase in Common Div.—New
Financing Planned—
to
:
$131,027
35,000
declared
receipts
Taxes
424,307
,
.
'.
The
■'*"
.,.$7,403 fi'i $96,027
.-45 '/ .X"/-.'.392
$7,146
sales
1943 "4.
;
282,848
$3,432,208
541,075
230,554
•
\ ; ,17,449
Net operating profit-
3,125,816
i
116,413
•$114,760
-Earnings—
19,968,889
income
v-KMiS-.#*3-
117,599
164, p. 556.
3 Mqs. End. June 30rr
Net
/
railway
a
;
$691,870
431,224
/ '29,472
.
$113,578
2,916
$7,115
^_
———
"
37,881
.
954
2,016
*
charges-
Dividends
—V,
;
"-'V'"-
premium
accruals
income
$765,872
496,812
%
'
$10,032/ >•.$10,319'
———
Net income
83,288
V,
1,058,374
f /,
J
1
'Jam 1— ' } >::
/O'fcfircss from'railway
Net
»..,$0,.19 :
$9,365
■
•'£
$524,478
/ -
-
•
—^
reserve
Gross
:
$2,904,026
railway—
'
"i'er.j,' '• v/'-j
88,620
89,420 "
222,785
Ohio RR
./,
T
$7,i9i
r 2,840
revs.__
Non-operating inc.—net
■v:
$1,363,183
790,667 750,085
$169,217 / ; $208,299
■'
Net ryroper. income
from
$39,430
,.•
: 1946—12 Mos.—1945
-
$57,279
34,514
l;/'/ 3,191
10,207
payable,
$13,107;
accrued
miscellaneous
dividend payable on July.25, 1946, $9,000; reserve for
tax, $3,207; capital stock (par $1), $900 000" earned
surplus accumulated since Jan. 1, 1930, (Dr)$179,096; total, $749 433.
—V. 162, p. 2393.
taxes,
$3,215;
Federal
income
j
1945
,
$130,700
vh$0,62;:.
outstdg.
Haverhill Gas Light Co.
Period End.
7,744 .7,244
amortiz.
Gross from railway
Net
•,
shrs.
man¬
Operating
$482,930
July—4444;: -{4: '44^.
4224
370,148
"
total,
'
Other
additional
20,796,000
4,779,286
$20,000;
,
assets,
1946
maintenance
Gulf Mobile &
854,090
387,973
u
*
($l par value),
$1,282,923:
surplus.
,
$1,363,017
-
3135.
p.
"
21,717,000
brine has
(net) and exp. of Corp. only—
long
1944
$2,939,000
"12,989
—.
stockholders: The demand for used
income
intention
$3,213,000
other
1946
during
18,662,000
railway
railway
stores,
certain
are
-
and
$213,258;
$273,588;
v'/ c-/
:
annual dividend rate from 40 cents to
1946
from
from
fabrics
will
4,000 and
: /.
-
.
July—
from
and
also
accounts offered to it
customers,
the corporation excepts
of outlets
to
Net
sold to between
are
at
costs
value),
surplus.
NOTE—'For
$472,033.
/;//"'Net income"
»•;
..
,
was
service
($50 par
possible to arrange companies in exact alphabetical
orders 'However, they arc always as near alphabetical
position as possible, f
K
par)
labels.
outlets,
Net
offering
company
company's products
United
Gross
In
"/^
shares...
the
registered
"Glen"
Net
scarves
Alstyne, Noel & Co. will head the underwriting
of
number
business
zation's
Gross
ladies'
>,
' '
,
par) 6 % cumulative preferred and 50,000 shares (5c par)
common stock at S5.75 a
unit,
common
$5.75 a unit, consisting of one share of
consisting of one share of
preferred and one share of common.
Proceeds will
used for purchase of equipment and for working capital.
payable,
$472,033.
Interest
offering will not constitute new financing by the corporation
sale by present stockholders who will retain ownership of a
a
substantial
of
29
proposed
a
Van
of
total,
Minority interest %,'s
producer and distributor of snoods,
headwear and accessories, filed a regis¬
with .the Securities and Exchange Com¬
*•••*.
group.
The
manufacturer
$2,798;
expenses,
$27,838;
Interest, amortiz. of debt disct. premium (net)
and expense, etc., of subsidiaries
' -J
addition
novelty
Aug.
covering
common
leading
and in
States
and
tration
but
the
corporation,
turbans
t
Ilargo Woolen Mills, Inc., New York—Stock Sold—/!
Hautz & Engel, New York, have sold 50,000 shares ($5
banks,, $61,823; accounts receivable,
prepaid
expense,
PrdV/ for depreciation and/retirements---:^--,
693,753
'jk-1
>-i i
.
$71,143;
earnings
Operating expenses,
4,394,859
2,201,902
404,684
'{."sii-A"
•'
r\
\
,
_
Gross
Glensderc Textile Corp.—Registers With SEC—"
the United
good will,^ $1; deimprovements) ,$4,802;
total.
'
-
%h
1946
12 Months Ended June 30—
325,789
.136,410
3,944,933/
1,486,086
483,033
'
$32,709;
leasehold
'
on hand of $122,802),; $72,175;.(financing charges ori installment notes), $1,536; re-
paid-in
Effective
Greenwich Water System, Inc. (& Subs.)—Earnings—
'
573,852
-
stock
stock, $1 par
Exchange.—V.
t$740
present capacity and new increased demands warrant increased
production on'•our part. -We- should 'increase our authorized capital
stock in anticipation of future
expansion!—V./163, p. 3418.
$664,821
.
»
■><
life
amortization),
' -
«
our
1943
^
69,646 /
3,273,700
income—
683.
3,557 "
i
railway
164, p.
1945
$569,025
57,657/
r;
railway—___
Net ry. oper.
—V.
"
of
3,978
MAY INCREASE CAPITAL STOCK—Joseph Horner, President, states
in letter
J
./
Georgia Southern & Florida Ry.—Earnings—
July—
for
i
future
for
serve
$373,304;
t$740
tDeficit.
hand, and in
on
inventories,
LIABILITIES—Accounts
total,
5,709,698'»
4,513,030
'Mrm^
.
$25,708; customers' deposit on re¬
4 turnable containers,/. $9,388;
accrued liabilities, $7,905; capital stock
: (par $1); $400,000; capital surplus, $7,026; earned surplus, $22,006;
394,571
354,792
.
re-
4,218
ASSETS—Cash
$895,024
296,092
(less
12M»
$12,292
'v4943":/; $292,472;; organization
/'•-
railway—. >
Net 'from railway„___^:
Net from
taxes-
ufacturing and selling expenses.
$15,959;
Net ry. oper. income_„_
value
(unamortized
I
/deferred income
1945
ftl "On sales after deductions for depreciation, depletion and all
>
/
$724,019
-
receivable
2(less U. S. Treasury tax savings notes
194
Dividends paid.
,
Aug. 14—
1946
1946
accounts
estate, personal property, Federal taxes on income Withheld, and other
taxes, $86,170; accrued royalties, $7,504; reserve for deferred excess
profits taxes by reason ,of application of section 710 la). (5) of the ' /,/
Internal Revenue code, $60,657; liability for Federal' taxes on income
t$831
$16,077
—
Balance surplus
T
Gross
I
BALANCE SHEET JUNE 30,
July— /'•
and
LIABILITIES---Accounts payable for merchandise, expenses, etc.; $80,-.
customers'/,credit balances, $6,717; employees' welfare fund, (less
on hand of $7,171), $453;
payroll withholding for
war bond purchases, $2,145;
accrued salaries and wages, $68,309; employees' severance-pay plan.
$23,189; accrued social security,, real
.
$16,271
—v. 164, p. 954.
Georgia RR.—.Earnings—
notes
on
ap¬
..
1946 '■>
«;
earned—
.
of
!"V
1946
U. S. Series F bonds
Net
1945
$68,975
___
$211,013;
30,
INCOME
OF
•'
;.,s
and
Reserves for Federal income
"
revenues
JUNE
152;
400,000 shs.
The balance
Net income
164, p. 421.
Aug, 14—
1946
$1,282,923 '
;
$0.58
SHEET
*
.
Operating Revenues-
Week End.
Period—
„
♦Net' profit Interest
and not
investment
for
approximate# $71,400.
be
will
Years Ended June 30—
00,000
will acquire such shares of capital
Operating
outstanding
60,000
____^
OFFERING*TO EMPLOYEES—George E. Clausen is offering to employeese of the company, an aggregate of 30,000 shares of .capital
stocki-at $4.25 per share.
Such offering is made only to .purchasers
who
1946__
237,330 '
.
No. of
:
3,200
:
:
share
taxes
reserve
Outstanding
400,000 shs.
/
1,101,551
FINANCING
OF
Authorized
par)
($1
60,000.
Bateman, Eichler & Co.
Douglass & Co.
charges
Aug./12 announced/
notes
Lester " & ••
Nelson
(less
ferred
largest
Shares
-
^
'
censes
,
The net proceeds will be used for drilling new brine wells and retirepient of current botes of the company. Thevcost.of the brine wells
will"'be approximately $33,500 and thp cost of retiring the current/
1
"
1946___.
!
$221,902
$342,713; due from suppliers, $8,425; re1
.
income," $49,447; inventories, $932,859; pre- "«
.(unexpired insurance, travel advances, xoyalties,, etc.),
t
'
names of the principal underwriters and the
PUJUbef of shares of capital stock to be purchased by them severally,
; •
18,337
Insurance policies, $93,361; deA , •
purchase of land and buildings, .$175,000; land, buildings,,
I
machinery and equipment/ etc: at cost (less allowance
ior""deprecfa-\
tiort and obsolescence)," $692,050;
patents, patent applications and li•
City, Mich.—Stock
1
stock
Common
~7BNDERWRITERS—The
jire as follows:-
UPON
CAPITALIZATION
-
capital
split.
;24,497
,
posit/on
(
.>
136,248
Outstandhig
2-for-l
11,61®
$1,323,453
paid expenses,
$29,703; cash surrender
stabilizer.
♦320,000 shs. .u
100,000 shares of
$389,365
1—___.—$400,984 44'
surplus June 30,
common
fundable Federal
July 13, 1936. The gen-/;
eral character of the business transacted is the developing and marlteting products derived from the rich natural chemical brine deposits/
500,000 shs.
'
par)___
1946,
8,
.219,663
—
for doubtful accounts);
serve
/
"Merchandising and Frederic C. Wood,
Service, have been elected Vice Presidents.
Buildings and
p.
stockholders. The company
GIVING EFFECT TO PRESENT FINANCING.MI
'
Capital
per
ASSETS—Cash,
2
y
-
,
accu-:
1946.
31,
,
V:
exps.
—
BALANCE
-
194®
preferred stock
on
Earnings
fornia, Jan. 18, 1946, and on Feb. 6, 1946, succeeded to the business
Gentry Co., a partnership.
This partnership in Jari:,»Vl940
hhd-succeeded to a business commenced in 1919 by C.-/-B.
.Gentry.-.
-'.found in the vicinity' of Manistee, Mich., where the company's plant
The company is engaged primarily in the manufacture and sale ol /. /is located.
Company extracts the chemical element Bromine from the
three general types of dried food seasonings, distinguished by their
brine taken out by the company's wells, from which the company promain constituents: chili peppers, onions and garlic.
The principal salts are sodium,
Company «*!$ I the ; educes the various salts and acids.
/potassium and ammonium. The acids are hydrobromic and as a by¬
only, processor in the United States which is engaged in the .manu-;
faqtjife of all three of these lines in substantial quantity.; ' product, sulphuric acid. The company produces a large amount of
^calcium chloride which is used -on gravel roads as dust layer and
^JqAPITALIZATIQN
30,
838,193
________________
"Total earned
,
^
the issue had been..oversubscribed.
"in''C'fjflLCorporation was incorporated in Michigan,
Angeles.
&
,
12,
;
sold
'/HISTORY
"
2942.
p.
adjustment cannot be determined
company's accounting year, Dec.
Great Lakes Cbemical Corp., Filer
of-hew plant in
CO.
JUNE
expenses, 'etc——/-———/.;
net
provisions of the Income
Subscribed For—The company in May, last, offered 118,-'
728 shares of common stock at par ($1) for subscription'
the sale of the 120,000 shares of capital
by the company will be applied to the construction
Oxnard, Calif.; payment of promissory notes to C. B.
Gentry Co. and partial payment "of notes held b, Union Bank & Trust
be
Aug.
resumed
operations
,
-PURPOSE—Proceeds from
to
gen.
Common stock dividends
in the cor-"
poration's chain, opened Aug. 13. It specializes: In women's popularpriced apparel and accessories,
"2;
>■
Hyman P. Kuchai, > President, stated that three/other new stores
have been opened since Nov. 30, 1945 including Grayson units in Holly-/
wood and Modesto, Calif., and a Robinson store in El Paso, Texas. / A
store in Salt Lake City, Utah, will be opened shortly.
Progress has
been made in modernization of the S. Klein Department Store in New
York City, Mr. Kucbal said.—V. 168, p. 954.
; Transfer Agent—Union. Bank 'Sc. Trust
Co., Los Angeles, .-Registrar—
|Security-First National Bank, Los Angeles.
>
«,'•
*
:
stock
patent
Dividends
Grayson-Robinson Stores, Inc.—New Store—
Offered—Lester &
stockholder.
a
,
ENDED
:—;
,
Steel
Grant Co.—New Vice-Presidents—
of
164.
It
Co., Bateman, Eichler & Co. and Nelson Douglass & Co.
Aug. 8 offered 180,000 shares of capital stock ($1 pgr)
at $6 per share. Of the total offered 120,000 shares are
being sold on behalf of the company and 60,000 Shafes
behalf of
MONTHS
—
wage
23,
on
on
allowed,
$2,572,083.
/,/."/>/,
Angeles—Stock
Los
Total
Lee Waterman, Director of
—V.
128,919,344
,2,'!../r/
162,
the
-
kwh., an increase of 13,510,189 kwh./,
corresponding week of 1945.—V,..164, p. 1082. /^
1940/ amounted to
lor 11.7%, over the
■~>^r'X4 •' /;•■.,//"/'"
and
to the carry-back
this
However,
(W. T.)
Director
of
settled
was
the end of
^([Deficit.—V.
Payments in 1945 totaled $1.50 per share.—V. 164, p. 827. U
output
strike
latter
rately until
General Public Utilities Corp.—Weekly Output—
electric
Earned
Jan. 21, 1946 to March i, 1946 and International Associ¬
Machinists' Strike from March 15,
1946 through June 30,
§This loss is subject
lii /.✓/profits
r
The
group pf underwriters
:
'
a
Chicago.
Co.,
allowances)$1,447,221
•
profit
surplus March 31,
$0.58
has tax credit account of retroactive
shut-down expense due to'CIO General
The
This maxes a total paid and declared to date this year of $1
share.
$0.53
and
&
THREE
__———
Surplus
tNo Federal income tax provi¬
company
as
tlucludes
of
and the regular quarterly dividend of 25 cents per share on the class A
common and common stocks; both payable Sept. 14 to,holders of record
Sept. 5.
$0.54
returns
sales
Davis
FOR
Provision for deprec. & patent amortiz.
Provision for Federal-taxes--on income_,________"
:
$221,913
-
(less
of
-
Total
;
■
ACCCOUNT
Discounts
111,873
laws, which, in the case of this company, will affect prior years'
normal and surtax only, the company not having paid any excess
OF 25 cents" per share
extra dividend
an
:'•/
f; *137,000
$203,685
Nil
.
1946.
V.
directors have declared
137,457
$205,856
profits tax.
excess
ation
/
The
headed by Paul H.
Tax
General Phoenix Corp.—Extra Distribution
,t .
■i"
139,946
,,
Monday, September 2, 1946
Engineering, selling, adinin. &
46,091
r
'"«-•'•••- •••-'-*
"•
Strike from
necessary
adjustments,
490,566
p
50,623
'
:Operating" profit before depreciation
Sundry income interest received, discounts taken, etc,!—.
$516,876
$501,766
56,352
v,
§$981,584
share_
com.
sion
"
Total U. S.
$402,153
/
343,849
.—__—
provision for
1,192
24,414
1,569
22,122
/
Cost
465,856
.
./'■/ 110,000
_______
1946.
of
GM
22,676
36,928
19,390
/
3494,754
;
1f$618,345
„
.454,499
$479,091
/
applicable
stock
to
11,231
13,319
61
____________
Coaches
/.'/ 9,373
_______
8,157,293
9,089,616
(525,737
Prov. for Fed. inc. tax_
41,527
57,131
2,803
3,033
4,369
—,683
Oldsinobile
Buick
:
income
•
$365,226
.
1l$627,718
charges
Special
10,045,589
!
'
INCOME
$9,117,903
Sales
tl.897,246
188,050
Income
Interest
• > Week End.
Week End;:.,; Jan. 1 to
4". $ Aug. 24,'46Aug. 17,*46 Aug. 24/46
155,844
11,768
11,930
V 8,130
135,026
8,585
3,042
50,882
3,662
4
[Chevrolet—Passenger
,
Total
be-
1943
1944
gen.
expenses^
Miscellaneous
"4
•!.
t
sales, sell.,
admin,
Operating income
GM
affecting
62
of
"'r '
contemplated that this will be dope through
to
1945
$1,457,577 $10,936,551 $10,023,206
Depreciation
situation with a
production, : compared with 63 for the
previous week. Of the total, 47 were in the United States and 15 in
[Canada.
'
' ''
' v.
Following is a tabulation of production figures for car and truck
There
i total
1946
(net)
Cost
is
«i*t' »••;>
Jwr «•*
J
City Steel Co.—Earnings—
6 Mos. End. June 30—
-
.
,
•«/» '*• iji/.L ';•
'•-*
.
Granite
has turned out 316,615 passenger cars
with the 1,385,905 produced by GM
GM
compared
op1 to'this time in 1941.
.<•
....
THE COMMERCIAL & FINANCIAL CHRONICLE "'
■
•
Volume 164
J
Home
.
Number 4521
Telephone
THE COMMERCIAL & FINANCIAL CHRONICLE
Telegraph Co.—Partial Redemp-
&
tion—'/////A:/' 7///'
7/;/:
>
•
.♦'
'-
.C
July—
Gross
I///,'
"12 Months Ended July 31—
///. Operating revenues—Electric—
Operation
Maintenance
2
—
-
;
,
Depreciation
Amort,
Prov.
lor Fed:
other
term
&
accelerated
Prov:
AO
limited
of
for maint.
of
.
electric
of
income and
Gross
Net
ry.
Ry.
oper.
Net
3,842,136
Ry.
; 1,396,961
—--sb'*" -$4-,265,213
Total
income
Net
deductions—
income
Dlvs.
applic.
to
/
pfd.
stocks
tax
'/'•
$5,558,381
1,060,184
$3,211,911
/
^389,588
.
.Balance'
.
$2,882,612
«*-V. 164, p, 684:
1
.
1
;
795,055
'
-
-
i''.
erties
'•
$1,370,704
$1,375,564
$8,996,288
1,646.475
V 1,137,533
9,152,013
t
8,240,499 iV
$9,677,390
•$275,771 '/
op.
ry.
$238,031 ' ♦$155,725
'
On
June
•
of
The
i
60,766,771
12.666,800
27,627,825
60,766,771
60,606,500
60,606,500
L
——
-
20,000,000
20,000,000
290,739,881 293,733,528
,
1
-
57,518
_**
97,875
International Paper Co.
563,992
587,648
Period End. June 30-*-
facil¬
/v
118,200
Gross sales, less
'
592,502
85,763
1,104,969
$54,393
*$1,848,342
3,741
2,986
22,376
22,352
•$447,748
income-
oper.
income
>
$57,379
*$1,825,966
$302,749
3,147
23,369
•$451,489
—
income
allow.
,
fixed
.3,201
Total
charges.
41,640
39,012
'292,279
$492,589
288,912
v
t$15,220
tlncome.—V. 164, p. 684.
■:/
$2,141,614
$9,340
Outward
The
-
<
*
.
.
■
income
.
4
■
figures,
r
profit
their
number
after
~
* ;
including
interest
for
termination
the
on
its
contracts,
etc.,
contracts
war
this net profit may turn out to be a loss."
i;\! This company was. incorporated in June, 1945,
organization
to
Indiana
show
the
to
as
79,427,817
72,161,413
4,693,780
3,758,345
8,816,442
7,379,312
905,909
1,026,854
1,833,822
2,031,583
5,984,340
5,184,055
11,190,608
10,143,98a
^
and
*
-
gdmin.
&
—ii_.iv-
:
debt
-
♦-2,029,745
175,676
S
in
2,7P5,226
4,921 505
-
taxes
-
1,194,861
•.
<■!*'/,
88,674
5,547,056
282,562
612,930
516,493
4,360,876
6,907,390
6,964,493
12,106,516
1,356,325
731,799
2,646,450
328,419
income
re¬
28.625
-
■-
State
&
that, : ;C income taxes—__v
Canadian & other forgn.
Limestone
44.347
3,384,$
3,887,570
451,061
2,501,338
Federal
,
--594,536
s
// 13,854
expenseii__—^
Depreciation
U.
A,742,965
disc't*
net V Depletion
a
extent
successor
37,558,882
than
expenses-ii/-
of
anu
-
period/there is the possibility that this
will be renegotiated
company
;
121,484,272
"
Interest
Amort,
3,053,018
132,258,740
mate-
freight
expenses
on Aug.
20, 1946 declared 2% interest on the general
sinking fund- income bonds for the six-month period '
ended Dec. 31, 1945.
Payment will be made Sept. 16, 1946 to holders
of record: Aug..'31, 1946./
:
Eugene F. Olsen, President, on Aug. 26 stated: "While the adjusted
$ 118,431.254
63,817,358
,
,
repairs
Selling^, gen,
directors
mortgage ;4%
v
*
71,551,497
taxes)a.—
delivery
$
-
1,367,031 t*2,709,855
41,965,333
,
(other
b'.income
V /*//
■./
-J
labor,
&
'\.
*1,494,111
etc.
Maint.
1946-^-6 Mos.—1945
-
62,450,326 129,548,885
(net)—.
sales:
Taxes
deficit—A
'■
Holdings TTrichlihged
of
rials,
-
$
$
70,057,386
income
Pulpwood,
23,177
,
"
returns,
income
(& Subs.)—Earnings-
1946—3 Mos.—1945-
discounts
&
$280,397
.
Cost
.
deductions—
•Deficit,
*$2,822,323
'
certain holders had
agreed to sell Mr. Weiner all or
respective holdings of Hummel-Ross common.
of shares covered was less than the majority of the
company's voting stock, and settlement date was fixed -for July 22.
At the request of the buyer thia was later extended to Aug. 22.
part
.
*
,
12,*65,1/73
27,627,825
Finland——!—
-V. 163, p. 3419.
$1,436,891
389,588
E.
corporation.
•,
in
Total
t'
•
Total
Hummel, President, has announced that Morris Weiner ♦'
of Philadelphia had-acknowledged his ■■■ inability . to
consummate the
purchase of the. common stock holdings of certain stockholders in -the •
:
j——
—
par)—._
shares, no
1946—7 Mos.—1945
1 Indiana Limestone Co., Inc., Bedford, Ind.—-Interest—
Frederick
.10,181,491
12,255,348
-1————_—
1-
(14,584,025
stock
483,474
12,037,366
13,723,031
82,265,305
_„—//—*■—!—
82,683,127
Exchange adjustments in consol. in suspense- £*2,461,542 £*2,461,542
Surplus arising from transfer of nickel prop¬
.
Fibre/CorpAstk.
IIummel-Ross
income—.—
on
5,600,1.76
483,475
1946—,—
Earned surplus
RR.—Earnings1
6,549,635
—-—
1,
Aug.
system reserve
Capital surplus
828,599
,
-■
Other
ry.
; /Net.
.
from
accruals
vTotal
2,346,470
$3,272,200
—.
the .period——
for
832,024
,/
1946—Month—1945
■<■
revenues——
rev.
Net
42,501
"
$4,332,384
—
:„v—"
:
July 31—
Equip, and: joint
ity rents—
Misc.
'"
V
397,512
\
Common
$5,515,880-
67,171
_
2,419,223
•
payrolls
payable
Contingent, insurance and other reserves.
7% cumulative preferred stock—_—*_■_;
5,530,917
,3,014,306
v,
-
Retirement
'7/
.6,695,285
Ry/ oper; expenses..
3,231,358
net———
income
V:
6,931,898
dividend
based
Taxes
394,272
137,125
mi
W'./
.
payable and
Preferred
$862,515
513,423
127,123
1,062,902 / 2,915,794
Indiana Harbor Belt
V Period End.
Other
Gross
684.
p.
,/
107,247'
Accounts
1943
$1,069,769
307,311
>
5,154,574;
income—_
oper.
164,
192,7?^:,
/7 7 ,■'//'/
railway—_/
railway-—-^.
from
—v.
$803,219
;
LIABILITIES—
1944
1945
$895,766
//. 78,510
from
Net
*.///250,000
,
taxes—xz^:*rl,445,823'
income,
railway-!-
railway—•_*•
oper." tocome—_
From Jan. 1—
V:r 3,800
profits taxees
excess
ry.
-1946
result'
a
properties—^————///; 5/
Net operating-revenue——
;
Other
investments-^
repairs deferred as
use
from
Net
1946 /
V 1945; r;
$20,164,925 $20,975,22"
7,428,596
7,068,428
1,750,310 .7.1,601.817
2,039,825
1,300,000
:;//7''<■''/
'
J !
-
from
Net
/I/////?/ /v
-X
///V/v/ /-//V.'-' .,vj77-~ ;,.3 '/
;v '
Houston Lighting & Power Co.—Income Statement—
,•
Illinois Terminal RR.—Earnings—
,
:V;,.ra;-'--.'.:/,:1;
There have been called for redemption on Oct. 1, next, through the
operation of the sinking fund, $25,000 of first mortgage 3V*% bonds,
series A,'due April 1,
1967, at-101% and Interest.- Payment Will be
made at- the Harris- Trust
& Savings Bank,
corporate trustee, 115
West Monroe St.,
Chicago,-111.—V. 162, p. 1170.
'
'
1
'
1209
V
(net)—
i',-'
.
■r-"
1,027,576
1 "jk '
Corp.; reorganization was effected
;
- ,:- .r
^ . ..
change in the holdings *
V
/ transf'd to reserves
899,568
1,490,744
/
of these stockholders would be effected and that no change is con- / July 31, 1945. Under the plan, holders of $5,489,500 of former general
XV/;
mortgage 6% ■ income, bonds due-1952 received in exchange $2,595,8007/
templated in the membership of the board of directors at this time
of new 30-year-general
mortgage 4% sinking fund income bonds and
or to the management or its policies.*~V. 164, p. 422.
2,300,827 111,477,417
4,411,071
( Net profit——'—"—
17,235,905
'
/ 129,790 shares of $10 par. value, common stock on the basis of $400; /
♦Includes charges of
$334,579 for the three months and $613,640
;
of new bonds and 20 shares of stock for-each $1,000 of old bonds.
for the six months ended June 30, 1946, which in effect convert net
Hunt Foods, Inc.—Dissolves Subsidiaries—
No provision was made for the old common stock.—V;
-163, - p. ♦1285.
earnings of foreign subsidiaries substantially; to
the
U.
S./" dollar
;
The corporation on Aug. 27 announced that it has dissolved three
equivalent.
On July
5,
1946,
the
Canadian Government
adjusted
Of'its subsidiary companies and has taken over their business as of
the official rate of exchange on the Canadian dollar to parityi-'With
Industrial Brownhoist Corp.~Orders Increased-—
July 1. 1946 in order to integrate its Operations. . *
:
the U. S. dollar.
The above adjustments are therefore no longer ;re-.
-V, /»'/,*,These companies are the Fontana/Food Products-Co., South-San 4 / •/The corporation reports orders received in July for the Bay City V
quired and will be-reversed in the third quarter of 1946 and similar
Division of $1,076,000,-largest for. any single month since
April,- 1944. /
Francisco, Calif., the Knight Packing Co., which sometimes did busiadjustments made in the years 1939 to 1945 inclusive, amounting to
Added-to $2,497,000 orders ip the first six months, this
ness
under the name of
Pacific Packing Co., Oakdale, Calif.,1 and
gives the Bay / over $4,500,000," are
*
expected to be transferred to consolidated earned
City Division a total for the year of $3,573,000. «-j '•
*
,'
Pacific
,
'i
Conserving Co., ScappoOse, Ore. - Fontana
will: operate 'as r
surplus, j //.' /;///
/
/:
/Among the July orders was one for four special 250-ton steam cranes/
*,
* "Hunt-Foods,',Inci/°Fontana".Divistoh;?^'!-;'/
;< tAfter ideducting a
for one of the larger Eastern trunk
non-operating
and
non-recurring expense.* of
I
v.The Oakdale-plants will1 continue,, to producer fruit-and vegetable
-railway lines for delivery in late '
v
$418,818 ; (net)
representing, premium land, unamortized .discount t on
*1947. • *
I
'
•
»■
i(>
v"; // * products; the Scappoose plant, -pickle products and mustard, and the
/ Also received .in July for late 1947 delivery was an order from another •
^ionds rehired; less reduction .of Federal: income taxes.: -! .»
//. / 7 >,v
y:^4
■
Fontana Division, a. line of. macaroni products, inclOdittg spaghetti
major Eastern railroad for a complete ballast cleaning unit, similar - ^'tlncludes net earnings of foreign properties amounting to $932^65
},t and egg noodles,i .
'
.
*
;
> r
for the three months and $1,954,963 for the six months ended June
in -design to three other Industrial. Brownhoist machines now in
opera¬
Mr.
Hummel's
announcement
added- that-no
■
Earns, of foreign subs.-
i
,.
,T
.
,
-
..
,
„
»
-
•
•
.
*•
r>
-
^
.
.
-
.
^
Form of Certificate—
/,<
>
-
f-U/.v,
-//"The New York Stock Exchange on/Aug
/
/
'«'
-
,
.
• *
-
• >
■ -
*
v..-:
beginning Sept.- 6/1S46.' only-pferhianeibt' certificates shalhbe
—V.
^0, 1946.—V. 164, p. .684./,//'/;//:/"
and
ll^ltoternatlo^^
returns
the clean
ballast,
thereby insuring good drainage and a
v
smooth toadbed. The machine ties up only the one track on which tt is
working .and will" clean about.600 tons of ballast per hour;: The
cleaner is electrically operated,.-; power being furnished v
' ballast cleane
by ; a
Diesel electric generating unit.—V. 164. p. 828.
' 400-h.p. Diese
:
delivery.
a
This unique piece of equipment takes up the crushed /;
rock ballast between the railroad tracks, screens out, dirt' and cinders //
kiU"
.
of- common stock,- up/to- and includingr Septr S, ,1946,- may ha made /
either, with temporary'certificktes or with permanent certificates; that-
-
tion on that road.
;
j
Sheeted .that deliveries
23
164v p. 1085.
Ry. Co.~Income Account^ : %'ttdntiw Ended3ufie
J. 19^6.'if
'
i
Revenues,
!
;
-
[
Hussman-Llgoiiier Co.—-Semi-Annual Report—
6
Months
Ended June
30—
'
Net sales
/
Cost
■
of
Other
t
Incqme
sec—
1944
1945
.
7
-
$2,666,529; $3,710,919
/.
/ 2,954,211
goods sold—,
,
sold
$474,219 :
-
$355,525
\SY\'WiQi,,
28: filed
be
Otis
shares
offered
A
($1
v of.
of
; |7te. profit, before
Provision
>
for
Fed.
^roht
Net
*
Preferred
Common
taxes
$523,164 '
•
$364,061
,212,000
.
on-income
taxes
periodsv-w:A-Jia,'
for
223,529
$311,164
dividends
International Great
own
4-
^ 51,473
———-
nor- ii/immnti
Gross from,railway—-
318,860
13,571 "
Norihern
thf ;
,
'^buS'; substitutlons/!!!44!4v!/!>*v'/'/^.!;«.^:'
140,000
/Operating income;
350.000 /
16,703
708,375
26,974
172,083
185,602
deductions
Interest
headed
140,000
$765,743
735,821
Income
securities /
:
$605,849
Taxes
bonds
on
—
-4—-
^
$318,759
$155,209
-
NOTE—Wage rates were increased 8 cents per hour effective Jfuly 1,
1945, as a result of an arbitration award.—V, 163, p. 3137.
•/
RR.-
51,307
•:/'
$1-58
$0.70
Government
securities,
face
deposit
and
amount
(of
on
hand,
which
$2,500,000
*-^52,005
890,440
300,831-
Ry.
272,532
Oper.
rev.
;
Net from {railway-/
Net ry. oper«
17,583,085
13,380,754
•
income—^
17,839,851
5,115,640
5,445,346
6,843,764^
2,()88,753
2.037,137
2,476,841
•
! 271,501 v
-
*
17,016,866/
revenues—///;.
fr.
ry.
avail,
Income
15,621,634
Rys. of Central America—Earnings—
Period End. July 31—
Net
—V, 164, p. 684.
have
?
1—
Gross from .railway.
r
A,
U.
International
$2,558,230*
1/4 766,494
,716,888.
1
$618,399;
4 41943
$2,655,574
48t,391
•'From January
$0.69
JUNE 30, 1946
subsidiary, company)
demand
on
1944
$2,451,475* $2,574,068
,
lncome_'_!*^ 184,474
Net ry. oper.
13,571
25,653
'
ii
7; $132,526
SHEET.
ASSETS—Cash
charges*
/
Net
1946—Month—1945
$814,722 „'' $802,116
.
oper.—
for fixed
..-224,48$
;
..
138,798
v
1,665,536
1,406,225
263,101
^
^
Ibiternational Utilities'
International Nickel Co. of Canada, Ltd.
been Vi
$5,532,5071
2,304,427
338,114/; 2,240,849
175,609
,,
income i/*—/—_
—V. 164,- p. 955.
1946—7 Mos.—1945
$6,472,238
"
S.
224,789
V;
1,762,8841
,
1,490,855
.
7'.//"*»
Corp.~Earnings^-
(Including Canadian-Subsidiaries)1
(& Subs.)—
as
collateral on bank loam per contra—market quotation12 Mos: Ended— 1
^ ' / " **
June 30/46 Dec. 31/45
Earnings-^ //
A*-/!../T'v:;V/;! 7' "?,v ■ fi' '"' 4- ./ Canadian Subsidiaries:
> notes
and accounts receivable deducting $28,908-/withheld: on instalment paper purchased), vi' .JPeriod End. June 30—... . 1946—3/Mos.—1S45
- 1946—6 Mos.—1945
Operating revenues ————————-1—1— $7,199,238
$7#168t129
$1,451,616; inventories of raw material, work in process and finished
Net salesu-2/.
Sa $31,008,353 $38,815,453 $59,933,234 $82,475,372.' Operating expenses, gas and electricity pur-//://.;///'://?///1
goods, at cost or market/whichever lower, $1,749,753; Federal excess -V,
/ chased, maintenance and taxes—other than
Costs and expenses-*!19,574,421 25,631,050 38,311,894 52,423,465 '
profits tax refundable under carry-back provisions of Internal Revenue ■
Donr. of Canada' taxes on income—1_—1_"—_
3,835,789
>3,705;97$ I
//deposited
/
all
The
>
by underwriters,
/'\;juiy-^':+'j/44;,~1946
$451,385
$140,532
33,272
dividends
Worn in
.i
who
stock.
common
with
which :.are /
,
..
paving cost account
Co.
Net from; railways—'J-
1
stockholders
company's
public; at $10"A share
of
and
,
\
:
stock,* all
-
Deficit-
19,930
-
'
*'/
common
four
the
the
to the
registration- statement
a
par)
-1—
for. rail removal
; .future
$431,456
8,536
48,945
—
-will
three
by
.outstanding
//; 223,570
Prov.
/
-
', Th$ cotopany ton Aug,
for 140,000 shares.
being
2,064,452 / -3,055,894
/ 310,352 / / ;940,3S2 /
With
■
SEO
1
by
./Net profit from mfg. operations-
►.
1946-'
$3,738,782
Selling, -admin/ and gem expanses. '
t
* ~
wholly: owned subsidiary* company)
(Including
International Hress €o», Inc.# JN.- Y.—Registers
internati
$5,714,882
4,530,192 ./ 4,305,582
518.9 0
503,360
196
.1,307,,
'v
Retirements'
-j
'* $5,793,694
—h————n———
Expenses;
Depreciation
approximately . $2,707,000),-$2,700,000i
,
(after
r
;;
.
Code,
$72,488;
stock
of
miscellaneous
1,313
company,
current
shares
assets,
(held
for
| corporate purposes), at cost, $13,910;
V
$40,125/
resale
or
property,
capital
common
other
any
plant
'profit—— $11,433,932 $13,184,403 $21,621,340 $30,051,907
Operating
proper
and equipment,
Gther income-
-
279,075
—-
-223,375-
-
542,817
>
Porvision for depreciation and amortization
r
"428,511
Net operating revenue—/—
Other Inc. of subs.—int., divs., etc
cost-to
at
present or predecessor companies (less accumulated reserves
Total income
$11,713,007 $13,407,778 $22,164,157 $30,480,418 t
depreciation from respective dates of acquisition of $475,703), -?
deferred charges, prepaid insurance, interest, taxes, etc., / Deprec. and depletion♦3,158,962 ; 3,471,971
1,735;968
♦6,339,689
$28,946; patents, dies, patterns, etc., $1; total, $7,966,707.
Retirement system
619,338
908,910
,
1,223,401
1,803,768
LIABILITIES—Notes payable—banks (on .which U. S. Government
Conting., Ins., etc., pursecurities of a face amount:of $2,500,000 have been deposited as! /■/ poses
13,60.7
collateral, per contra), $2,500,000; unsecured notes payable to banks,
$200,000; accounts payable, $651,849; accrued salaries, wages; insur- 7
Profit before taxes—
$9,357,701
$9,326,299 $17,468,785 $22,295,512
ance, advertising, etc./ $176,807;
miscel'aneous tax accruals, $40,388; ;
Prov. for taxes————
2,734,093
3,141,851
• 5,257,122
8,767,918
accrued Federal taxes on income, $413,764; deferred
liability amounts
withheld from distributors; (payments required to be made
upon can$6,623,608
$6,18t4,448 $12,211,663 $13,527,594
( Net
collation
of (lis.tributors' ,. contracts*. »and
collection^ 4n»-full1-of1 ♦sales *
lPreVious earnecf surplus 81,956,440 83,959^562 82,683,127 "82,931,158
made by. them), $9,229; reserves for losses. $142,647; unearned discount, $11,716; $2,25 cumulative preferred stock of no par or stated *'
Total surplus—— $88,580,048 $90,144,010 $94,894,790 $96,458,752
value- (29,525 shares), $1,476,250; common stock of no
'
475,065
471,4751
-
1—
$2,888,384
.1*..—79,566
'$2,950,679
46,067
for
■'''
$1,291,469;
;.,J
Total
income
1————
—
Interest on bpiids and divs. on pfd. stocks, etc;
Prov, for Dom. of Canada- taxes on" income
-
Exchange loss
%41,449/
>
/
0:
par
value
?
outstanding
or
!
dividends—-.
Preferred
shares),
$1,145,028/'earned
surplus;
&/$1,210,055; capital surplus, $2,522; treasury stock—275 shares'of pre-V
4 ferred, at cost (held for benefit of Sinking fund), £*$13,549; total.!
$7,966,707.-—V.1 162, p. 1283.
-
dividends-!—
Common
483,475
,
483,475
5,831,268
5,831,268
-Undistributed balance
;
Iflcome
Earned surplus end of
^ Illinois Central RR.—Earnings' of System—
/
Period End. July 31—
.v/-,-.".i*.".,
1946—Month—♦1945
v/
s
4
1946—7 Mos.—♦ 1945
$
$
Ry.
oper.
revenues.*—
16,443,771
21,433,874
Ry.
oper.
expenses——/:
13,836,368
A
13,897,041
s
Exchange
in
;■/
V
//;/
suspense
117,084,763 151,855,602 / 7
96,220,782
98,145,532
Net
Ry.
7,536,833
20,863,981
53,710,070
1,481,353
4,975,284
11,250,909
33,356,932
206,729
310,184
1,409,397
income-
919,321
/ 2,251,365
8,203,675
income———
127,637
tax
Equip,
•
jt.
op.
(net Br)—
deductions—'—
Misc.
.7.7
/
'
6,332
•
.
7/7./
./
2,353,309
'
$0.42
878,815"
35,501 7
6,082
,;
Securities
1,040,626
2,371r773-«- 9,084,359
r
«•-
■
•...
charges*——/-J
•
" *•v
* '
•>
•
*
'
'
~r
1
-
,
taoiX
Account
949/109"'
Net: income:./——
91,4517
;
'1,360,-990 ""2,397,908
/i,'.
'
.-A-.il i
7'
164;
VA.JI.-.I'
,:;e
p:
«
'
11,664,049L
at
less
or
below cost
^
held
against
reserves.^-
retirement
securities
receivable
due
at
,
or
'H' tj-
-
w
<4
./■'-•
26,569,026:
590,408
14,999,900
i
U
j,)i
h
,
o
i'.t.
ti.a-t
)
u.
tj..
i ii i/f.if,
fck*,.
)
a
-.t
■»<»«y
$1,309,6711
$1,347,574
;
138,515
/:
t .t
r.x
.-Li,/-!
IV
ill
130,1571
)M J J
on
43,903
./1,375|
net income
preferred stock—
applicable to common stock———.
shs. com; stlc, ($5 par)
p.
423.
;
♦
/?r
.
Telephone
,
&
105,547 i/"
$949,0431
$1,059,606 /
$1.35 .
1
Telegraph
.,^$1,211
V
"
Corp.'—Enters |
and
on
Telegraph Corporation into the Canadian field was dis28 with the announcement by the Federal Telephone
Aug.
Radio" Corp., I, T.
trical
equipment/'
•
■*
"
The
v
new
plant, it was announced by E. N. Wendell, Vice President
charge of Federal Telephone & Radic Corp., has been purchased
4rom- the. Canadian . War Assets Corporation-.- - The- building/of modem
in
178,132',
.
type industrial structure;'is located on* St. Lawrence Boulevard" to*the
Laurent Parish ot Montreal and contains approximately 90,000
St.
«*
nv/t.-l) /Uf;a? 1 m-
$1,178,1391
229,0961
$1,165,153.
*
$3.50
on
& T/s domestic manufacturnig affiliate, that its
newly organized Canadian subsidiary/ the^ Federal Electric Manufac¬
turing Co.. Ltd., has acquired a modern manufacturing plant to the
Montreal area for the production bf; telephone/radio and other elec¬
16,666,600
290,739,881 293,733,528
closed
&
44,455,656
13,712,936
597,571:
120,451,666 122,266,830
-—
..
16,342,972
-
12,246,831
"■*
?
Property, account t net)t
i,-H
Dec. 26, 1945,
notes payable—
67,5791
.
Expansion of the manufacturing facilities of the International Tele-1
phone
27,442,998
.43,157,046
res-
cost-*——
1946-1950***!.
Total
issue,
168,376
■
:Canada— ";
■
v;
<: •■•"v'.
11,465,596
system
below
.
of
23/4%
International
.
$
23,981,081
—-
-
828;,
£ ,/
^V. 164,
]
30/46DeL 31/45
331,543 >
•Restated to include Gulf & Ship Island RR.—V,
tek
7/^°
;'.•:
'
vfiei
$
—a—-i**
Miscellaneous
18,842.501
'
taxesdate
10-yr.
declared
Balance
38,144,960
Government securities
*__**—*—it,**-**—
Earn, per sh. on 786,618
~L
Accounts' receivable,
36,143
for- fixed
avail,
Inc.
Fixed
Dividends
7
$0.39
consolidated balance sheet
7''"
77:1' v..;//-./ ■
June
Inventories.
.'.charges ——J.—J—/*
.
,
53.431
,
•nrr
25,370,850/i25;500,807
.
and
from
$3,000,000
2,461,£
securities, f tocl; Treasury bills . and
17,999,829 7
916,185
•
I//
"714,515
v
•••/;!■'./
2,461,542
'7:/';
Short-term
126,490
7,.1
.165,185
*
Interest
$79,803,763 $81,367,725 $79,803,763 $81'307;725
—
share-*-—.
per
r
$359,201
774,031
tovesting. Corp,_,.*_—_
7 Consolidated
2,461,542
assets—
facility
Net ry. oper.
Other
ry.
accruals
and
/rents
/
from
2,607,403
rev.
-
in
—
Balance
subsidiaries*———
Intern,
from
*I/)tal
Expenses
"
/
*
//>
♦Includes amortization.
.
'
'
adjustments
consolidation
Earned
'
$359,201
(as above)/. V$354,927
*
$82,265,305 $83,829,267 $82,265,305 $83,829,267
.■
:
'
1
$1.073,7161
$354,927: ;
___________
Gtoer> toterest'-and diyidends*^**_ x*
'
/// period;
543,122
'90,794
$1,128,958
774,031.
Canadian
from
Dividends
11,662,535
11,662,535
in inc. of Can. subsidsUtil„ Corp. (net)—
distrib, to Intern.
International Utilities Corp.:
Undistrib. net inc. of Can. subsids,
.
/./ 966,950
966,950
;
75,120
'
stated
(172,912V2
Canadian-remittances..—"
equity of. corp.
Income
profit^—___r—
.
/:
Net
on
i
.
T,156,938-/..1,289^14
'
:/
$2,996,7461
$2,967,950
606,934
\
/):
!
-
)••-)•
*,• -
'|
1210
THE COMMERCIAL & FINANCIAL CHRONICLE-
.
additional eight acres of land adjoin¬
ing the factory have been acquired to permit for future plant expan¬
feet
square
floor
of
sion.—V. 164,
An
space.
955.
p.
*
Gross
-
taxes
Provision
——:
retirements
for
income
Other
—1—f
U
——-
—,l
earnings------
.operating
.Net
j
■
.
:
$1,021,614
Gross
;
Interest
debt—
funded
on
of debt disct.
Amort,
from
Net
.
ry.
—V.
Jewel Tea Co., Inc.—Earnings—
;
registration
Retail
sales
Wholesale
•Total
•
and
sales
>—
•
f.
•
of
revenues
1
'
rents
144,530
y
260,173
Doubtful accts. charged to operations—61,448
Contingencies and inventory reserves
100,000
Estimated Federal taxes on income—-^-----792,822
State, local and all other Federal taxes
—
889,745
"1
■"
statement
filed
27
June
stock
common
-
Stores,
dividends
Preferred
dividends
Common
.
of
its
stock
common
substantially
York
less
Stock
was
than
the
Exchange.
The
suspension
♦
revenues
Operating
by
surplus
Balance,
Earned
——
—,
taxes
—
per
——-——
ASSETS—
Cash
banks and
in
Marketable
to
(less
515,961
*5,873.797
6,913
rr> 45,204
328,266
,
698,422
—1-
8,077,662
7,418
—
(net)
—
—
21,182
profits taxes.——_ r-. 281,600
(at cost) advanced to customers (net)-O1.. > 866,898
Prem.
contracts
refund
for
Claims
of
excess
etc.--i.-.r"^;t' 331,680
Unexpired insurance, expense supplies,
Land, bldgs,, machinery, furniture, etc.
will
;—a—
—
1
-
flap
$1,690,302
51,000
—-
-
—
«'•
'i
"
/
Net
Report.
$372,409
68,507
14.2.56
53,394
$176,594
$289,646
$1,101,316
cowl
and
will
flap
turbo
y
.
- -
.
of carburetor
'
-
812,166
./.' Divs.
r;
on
Electric
Int.
Gas
462,880
-
80,965
$1,059,649
(Ky.)..^
ihdebts.
of
,
$662,371
$662,371.
.
$1,324,742
$1,324,742
,
f
and
Light
3,780
Co.
S.
U.
on
,'/
1946—12 MOS.-T-1945
nr.d
Co.
on
Power
Govt,
se-
curities
'
'2,625
2,625
4,868
3,701
$664,996
$664,996
$1,329,609
21.718
35,538
44,472
$1,332,222
61,122
r-»
:
Z General
&
Federal
t.
adm.
exps..
1
income
1,637
2.987
1,775
5,975
40,000
(other than inc.)
Taxes
;
- -
,.
;
Total revenues
actuators, intercooler :
door shut off actuator -i
ram air
actuator assemblies.
valve
•'
40,000
80,000
:y; 74,500
$586,470
$1,203,362
.,
taxes..
filter
air
assemblies,
cruise
'
412,623
of
stock
com.,
Louisville
-t $0:66
.
-
income
Net
,,$601,640
-4..—
,
'
Class A comrtroTT divs...
450,285
450,285
150,474
150,474
$1,190,625
900,570
ClaSs B
the
use
•
1946—6 Mos.—1945
Period End. June 30-—
-
See page 1255.
•>
$1,567,334 v $2,203,494
Lopisville .Gas & Electric Co. (Del.) —Earnings—
1
$24425,917
.
■
.
*
2,198
$0.44
;
303,000
486,828
80,767
—V. 164, p. 728.
$2,423,719
$1,080,717 f, $1,613,751
.
;
■401,000 V
9,5$7
income
oper.
ry.
6,886,156
2,985,600
564,730
5,139,904
$241,022
54,841
..
.i/
$7,497,066 $12,640,980
-
64,814
Equip, rents (net Dr)__L '
Jt. facil, rents (net Dr)v
«.<*
892,298
:
45,000
taxea_L*' -"
accruals.
tax
ry.
Ry. oper. income.'-"-/.
1,273,207
< ..w.'
$1,4654426384,709
»
division.-;
consists
\
': "• >
1946—7 Mos.—1945
1946—Month—-1945
$1,746,474
■
equipment on its new C-97 super cargo Army
plane; its Stratocruiser 377; the B-90, which is a further development
-of the B-29, and its 367
model,
< y
$19,175,0^'
-
actuators,
assemblies
Boeing
$2,192,365
Preferred dividends
payable—_———J—-i-v^
49,937
Federal, State and 'other taxes accrued
2,180,147
V
equipment
$32,669.^
~~
\
•
$1,090,829
739.993:
revenues..
expenses
Other
«
corporation has < received orders for nearly $300,000 worth of
electro-mechanical equipment from the Boeing Aircraft Go/1 it Fas
recently announced by Richard M. Mock, Vice-President in charge of
$20,952,055
Total
1
A:
.
the. electro-mechanical
$67,216
11,652
22,955
—:
"
oper.
Federal income
This
The
'/ 6,244
profits taxes
and excess
.....
164, p. 955.
oper.
Int.
1
>
Ry.
Ry.
,
846,ioo:
Lear, Inc.—Receives Large Orders—
-
: $60,971
—
income
.
* 309,101
3,114,031 /'
3,284,907
(net)—
——
income
Federal
for
Period End. July 31—:
!'
551,433
4,185
2,433,620 shares
Lane Bryant, Inc.—Annual
$2,662,590
5,620,736
728,610
,
——_————
employees-—-
and
Deposits
Good
$2,855,723
4,496,374
-
reserve)
Z—
1
Inventories
Loans
hand
on
on
:
Est. allowances
'Mftdison
July 13,.'46 July 14/45
securities
receivable
Accounts
share
per
.
^
.
.655,039
,
income
inccme
income
Louisiana & Arkansas Ry.-—Earnings—
y-^446,244.
—
rrV/T 163, Pt 2856.
/
,
expenses^.—-,—-121,572
operatlons—^^-../.—.
income
Net
•
Ay.y: ;;.■ ■".!|.1 ,,.j •
———
Net
617,891
I
from
Total
' 4,067,08o
-
operating revenues^...........$1,461,241
Gross
V'/ $1.05
/
-
$800,435
allowances..-
and
cOther deductions
$9,607,983/>-
517,400a
^
BALANCE
COMPARATIVE
returns
^
—V.
208,314
1
Total income deductions.^....—....,..
'iiZr'ZZ.'
$315,473 ,/ vNet income1
$714,099
$1.96
:
share—
common
1946
ACCOUNT SEVEN-MONTHS ENDED- JUNE 30,
sales
of
Other
J
276,583
-
...
'"Miyyx'Zt'-
cy
•
278,919
dividends then, in arrears ■:
stock, aggregating $51,750.
*
\
common
Belling, administrative and general
12 Mos.
'
.
—.—2,068,509
/ -y
^
.102,000.;
class A
proceeds
,
still
\
,
.6 Mos.
.
for retirqinents-.^r.^-—-.—
Federal income taxes (no excess profits tax)
Net
of
Cost
*
"
—....r—$5,187,086
expenses
is
:
..
Provision
Other
y,
Outstanding
♦ 30,000 shs. -i:;
337,000 shs. ;
(approximately $236,350)
will be added
working capital and used to finance the manufacture andv
its present products.
i.
*;
«.
' i
V
Sales,, less
*
,,> ' /
the Exchange
Co.—Earnings—
Maintenance
i
.
approximately $2 per share, which
current price of the stock on the
Period Ended June 30,1946—
.
.
had
Operating
-
"
v
-
the company paid all
1946,
outstanding
Profit
$696,392:+;.;
-99,871
390,875
—_———
,.
20.—
a
ten-day period, effective at the opening of the trading session
Aug. 22, 1946.
The original suspension beginning on Aug. .2 and
the second suspension beginning on Aug. 12 were ordered to
supplement .the action of the New. York Stock Exchange in
suspending trad¬
ing on its floor after the company had announced that the liquidating
..
which the
for
_
Trading. Again
—
12,
h\y<-INCOME
;
'
Jnc,
a
par), 6% cum.
30,000 shs.
($1 par)XL—500,000 shs.
stock
common
the
sale
.covering
-
years
chain stores,
prime source.
and
houses
some
($5
PURPOSE—-The
Securities
♦-
100,000
982,402
728,p38
—~———$1,204,845
—
SEC
V.:
New
»-■
"I
its
on
stock
com.
Aug.
:
v
k
withdrawn Aug.
was
Other income
earnings
"the
with
:?
was
170,114
211,559
142,369
,
—,x~——,
..
Net
^On
->-487,413^
>
for
llonday, Sfptemk-r.2, 1946
Authorized
A
Class B
2,286,016
on
23,440,-374
,29,941,383.
j.— •
—-
repairs—
and
Maintenance
"*'1
Class
.'
2,384,053
638,985 'yr- 551,587
1
'
^
(par $1)
281.y
k
value
$41,137,545 $32,645,349
7,742,599
6,173,801
—
doing
"VI*'
-WW
•
business—
Products, materials, services and
Depreciation
;
Costs
i'J
•
of
$40,864,287 $31,752,031 t
>ih effect.-—V, 164, p. 828,
216,821
848,065
56,437
45,253
j
Laclede Gas Light
—.
sales
f
ZrZy'-Z.y-:-Z "
-
order
mail
been
-
■•'/V/"-'"'V
85,415 >
for
V"''"V."-•
--i—.
other
397,554
.
/
and
Exchange Commission on Aug. .21 announced ;*
again suspended trading on the New York Stock Exchange
in the common stock, $i par value, of Kresge
Department Stores, Inc.
.
miscellaneous—
■'
''The
July 13,'46 July 14,'45
—
and
and
Interest
p.
164,
that it
r -
28 Weeks Ended—
■
-
179,446
) ,V. 62,150
has
'
•
CAPITALIZATION GIVING EFFECT TO PRESENT. FINANCING'
:f.
,
1,472,436-V':i,277,175 ^'tl-106,326
727.
p.
*
■
146,822"
..
;
2,731,561
889,613
Department
Suspended—' : /
_
.
-103,233
Kresge
"
were the highest in the history
weeks of 1945 earnings were $1.05 per
Sales and revenues:
248,906
44,231
2,147,958
income.'..
oper.
shares
iA>»'
„
$1.96 per share of common stock after .all charges,
of $100,000 for contingencies and inventory .valua¬
of the company. In the same
common share.
\
*
V
of
Earnings
102,901
.
railway
V.
including provision
tion,
$363,773
railwayi...L_';f(
•
164,
The
$320,968
' >
,
$305,991
to-
-550,518
164,536
$438,818
'
—r-
———-—
1085.'
164, p.
$434,208
Kungsholm Baking Co.* Inc.^--Regi5tration Withdrawn
$1,036,022 i\
-
—
& cxps.,
Net income
—V.
$1,069,476
-484,296
& other deducts.136,363
net earnings
1943
income.—.
ICO,000
Total
1944
railway—,
from
Net
i—37,863-43,369.
---
from
1945
-r :
•
being, from
ance
company
.1946
$283,061
railway—2
Net ry. t>per.
$992,852
1
*
from
*> From Jan.ft—•:
85,155,358
2,505,835
542,875 *• ■'*> 581,025
-634,777
595,045
494,000
480,000
and maintenance-————income & excess profits taxes—.-''.
Fed.
&
Net
$5,495,725
2,802,459
operating earnings-
State
Grass
-
Operating expenses
Other
Kansas Oklahoma & Gulf
Ry^-r-Earnings—
July—
A
i
.
.
Del.-—Earnings—
Iowa Southern Utilities Co. of
12 Months Ended July—
■
;
300,948
divs...
common
—V. 164,
900,5170.
,
/
300,948
p. 3138.
,
LIABILITIES—
Other
accrued
Reserves
for
Reserves
——
items—
4'A %
preferred
Common
Earned
.*_—
accident
in
250,000
shares,
no
5,000,000
—
cost
at
.".
4,420,428
3.544,639
./
$20,952,055
Net
—V.
'
.
sales
164, p.
'•
1085;
^
■
'
,
Kaufmann Department
Six Months
Net
Ended
June
.-'V,
•
ft-}]}':-
"
1
>
of
30—• ;
-
.
.-pancy
chandise
in,
sold,, buying and
adjusting
the
inventories
basis
the
on
advertising
gen.,
Depreciation
of
Taxes
than
(other
adm.
&
&
'>•/
l>
fZ;
state
472,779 '
ry.
'•
1
*
.
'1948, '
!\
/',r 1
»
■-
from
.
$6,508,850
1,139,689
/
580,055
2,910,571
<
*
■
'
-
Gross
income
1./
$3,013,163
$2,402,692
98,396
23,628
income
.
Total
1—____________. $3,111,559
Interest
State
for
Federal
income
Net
l:
expense
Provision
tax
surplus,
—_
>
%
9,015,563
Lientz
$10,827,311
———
on
stock
common
$13,349,145
442,129
/
^
Earnings
earned
per
surplus,
June
30————— $10,385,182 $13,072,81
,v $3.27
$1.34
share
common
BALANCE
SHEET
ASSETS—
States
♦Notes
Due
and
from
and
Proceeds
at
cost
Outside
1946
i.
bon&s,
taxes,
cost.—_
133,943
mortgages,
Goodwill
-
be
used
for
operating
and general
■
f
,
.
rj'„ 1 J *
y
^ ■ j
•-
,
*
expenses.
-
-
y
-
.
output of
/-V .'
a.
1,076,014
1,550,763
538,007 '
775,382
.i.
775,381
.
\
'/;
this company
kwh.
/
7;
as
/V] v"- '][;/■
Nashville
&
;'
'
Y. t'/S'
;
Y'; pi JPpy,
RR.—Earnings—
from
from
Net
With
No under''-V; .
'
.i'
y,
>i
t
yl
Net
•
from
>A:,VV'
ry.
railway——
railway..
Income—
oper.
"iZ'-yZ/vCV«-A1.;5Q:':'V ' Z'y' -Z-Z.zZy;: i--.
95,275,881 124,182,214 124,429,941
14,463,820
45,111,733
48,149,467
15,050,303
7,454,408
120,586,515
53,854,888
14,454,905
15,410,730
164, p. 728.
Mahoninsr Coal RR.'—Quarterly Earnings;
V-
'
if
lease
from
of
$331,119
3,213
4,296
$617,210
375,600
2,909
3,105
$197,606
$238,505
$929,607
$601,334
1,947
132,551
income/———--
$613,997
$333,066
road and equipment-L
Other
1946—6 Mos.—1945
1946—Month—1945
Period End. June 30—
Income
v j
>
27,826
.
.
1
Transfer
Detroit
HISTORY
:y
230,000-
had
been
Manufacturers
National
Co.
:.
AND
is
present
a
Total-, income.———1-
In
La
Porte,
•
President)
Ind.,
For
'l^
profits
Other
Net
taxes—T———
deductions
income..—".—-—
dividends-
Preferred
1933,V by: S.: J. Loner- '
prior to • that, time, Mr. .
Feb.,
in
years
with the Bastian Morley Co.
I"
1
"V
$605,630-
357,433
$9
217', 217
5,639
V
1468,^68
$382,774.-
*
$483,130'
*
♦Fed. income and excess*
Registrar:/;.
Bank, Detroit.
Z
I'.' '•
BUSINESS—Company was organized as a. Michigan
4, a.937. - Previously, -the-Lonergan Mfg. Co., Inc., ;. %
Lonergan had been associated
which
;
Feb.
on
organized
gan,. .the
242,563
^ • /
582*,938
Agent;
Trust
corporation
2,500-
:
Aug. 28 offered 74,500 sharesA of class B.comstock ($1 par) at $4 per share."
on
.
5,275;023(~
'
-
596,555
8,267
,
: -
8,267
•/
5,835
16,534
16,534
Net income after divi-
of La Porte, t;
dend
nationally known manufacturer of water-heaters.and-heat-
pfd.
on
$189,33.9
stock
$230,238
.
$366,240.:
$466^96
'
cost..,—
at
machinery,
'
' 3,749,269" ;
6,286,682
-
etc.,
633,943
"
-
etc.....—257,726
bonds,
less—
or
properties
buildings,
538.007
«
From Jan. 1—
Gross
Lonergan Manufacturing Co.—Stock Offered—Cohu &
1945 ZZZy
$1,887,445*
$1,003,240
at
—...:—w_—_L—J
insurance,
will
named.''«w?
mon
receivable.—6,117,503
and employees
(not trade)
U 1,009
officers
.1
divs.—
from
—V.
Torrey
>•'
accounts
Investments, in stocks,
Land,
30
v,
.
hand__
on
Government
Inventories
Prepaid
JUNE
,
banks
in
United
.
^
•
Co., Inc., Los Angeles—Files
&
1,659,324
$2,681,799
1,076,013
1,550,7(33,
\
.«
'1946
1945 1944
.194$: /
railway
$15,217,561 $17,269,205 $17,832,583 $17,500,7.79
railway———
2,876,094
5,655,824
6,776,754
7,470,829
Net ry. oper. income—
1,698,584
2,351,936
2,006,955
2,232,300
Gross
$0.56 /
;
pfd.
dividends
Electric
Net
$0.90 per
or
-
$3,276,140
....
•
Cash
162, p. 3075.'.
$1,337,520
July—+
,
4.2
company on Aug. 23 filed, a letter of notification with the SEC
20,000 shares of capital stock.
Offering price 50 cents a share.
\
Balance
C.)
72,262
""$0.90'
1945 were $98,896,
1,646,960
The
writer
276,331
/.
(E.
'
.
SEC—
$741,012
12,608,133 /..
for
Total
Dividend
—/./ 'y
the full year Dec. 31,
share then outstanding.*--V.
$4,923,106
835,165
$1/81^1,171
—
Louisville
$126,462
5.6
......
Earnings for
common
85,000
■ >,
$1,811,748
1——
Jan.
25,308
1,575,000
120,000
———
earned
1
1,155,000
——
—
income
Balance
income
on
$2,426,320 7'
24,811
±
taxes
preferred dividend earned..,
per' share common
$4,341,123
$2,172,685
826,094
for the week ended Aug. 24, 1946,
compared with 25,563,000 kwh. for the
corresponding week last year, an increase of 11.3%~V. 164, p* .J086*
1945--
,
Earned
cumul.
Jr>: 'yi
7 Months Ended July 31—
'<
*
1946
Net before Federal income tax.....:.'
$165,070
Net after Federal
income:-98,370
♦ Times
,
$3,938,423
402,700
149,395 "
$2,637,265'
—
—
totaled ,'28,439,000
■
,
Other
/
7,825,103
.
"•
$4,585,719
: 337,387
$2,023,290
2,653,103
Weekly Output—
-
Liberty Loan Corp., Chicago—Earnings—
>
,
5%
52,047,430
6,371,419
;
income
Common
• ♦
17,030,800-'17,540,898
1,988,479
/; 117,969
123,445
income
Net
<
1,230,014
»'
■
314,960 "•
r
,-
2,813,544
,
728.
p.
64.7,263
145,120
58,780
$2,513,820
income
oper.
Gross
10,238,557
ry. oper. income;..
1,167,235
87,800
Total income deducts...
58,706,646
Net
38,470
1,271.433
1,817,510
1,464,437
tax-
taxes——
Qther. Income
1943
'
^
6,105,563
—V.' 164,
2,198,529
1,218,110
986,459
38,494
1,209,072
591,790
V"
632,140
1,218,800
taxes-
profits
income
19,225
626,001
19,233
invests.
income
$8,078,823
48,446,402
railway.—2—
1,833,000
and
expends,
exc..
Net
'
37,244,636
from
>1,187,439
1,933,000
(other than inc.)
State
,'v[' \^
,rp
$8,345,055
1,528,240^:
.
railway
1,463,834
916,500
798,398
•,'
,
Fed.
V
1,277,323
.'" 1944'"/"
1945
$5,854,899
income/—;
oper.
>:From Jan. I—
86,718
323,271.
3,543,574
771,500
3,696,551
86,718
j
.
taxes
t
'
from
Gross
it.
——
income
'
...
Net
12,910,537^':
5,102,684
3,692,807
637,385 -1,256,584
.
-
\
^
599,025
contractual
limited-terra
Taxes
133,308
Federal
-
,S1'
'
Net
"last-
expenses.
'•
railway....
from railway
Net
/
/-
17,283,318
:' v
v V;
3,162,077
961,319
579,235
JUly^-r;
$19,411,458;:/;
\
728.
p.
v:
Gross
'
1945'
mer-, ;
3,637,464.
capital
$549,395
223,489 V
Lehigh Valley RR.—Earnings—
'
occu-
of
buildings——
Fed.
1
$25,809,155
1—
first-out"
Selling,
'
1946
l
after
expenses,
1
railway—
674,546
1,016,500
.
of
Amort,
1943
"
y/V-'■ :*
railway...—.
164,
*'i
Stores, Inc.—Earnings, etc.—
'
merchandise
^
$531,669
oper." income—
r
" ' j
<•&;,
sales
Cost
from
ry.
$48,032,138 $36,350,954':
,
.
!r
*
$465,731
1946—12 Mos.—1943
1946—6 Mos.—1945
Operating revenues L-L- $10,332,001 $19,640,580 $19,928,360 $20,520,617
8,313,545
8,088,348
4,169,162
4,341,532
Operation
Depreciation LL/LLL---./
1944
$628,901
<
y*
Period End. June 30—
•
Maintenance
1945
railway:—m,2t>7,,rl 91.656::1 ^i99,080
income..;,; , .133,503
; 57,959
119,318
Gross from
Net
Net
f
1946—32 Wks.—1945
$4,615,073
$7,280,307
<
f
)
i.
Louisville GasElectric Co, (Ky,> (& Suljs.)—Earns.
Mich.,
Calif—V. 163,
Hollywood,
per.
From Jan. 1—
—V.
>
1946—4 Wks.—1945
—
irorn
Net
Current Sales Up 57.8%—
Period End. Aug. 10—
Retail
in
1946
.
$19,175,022
shares at July 13, 1946.-
common
subsidiary
a
Gross.from railway.
; #r264,636
__
♦3,000 preferred and 1,516
and
'/2009.''"■'■■■■■
;:
Total
Ohio,
Lehigh & New England RR.—Earnings-
5,770,073 M
—Z)r363,295
_
Piqua,
July—
-5,000,000
5,770,073
par)..—,,—
__.
treasury,
p.
other
and
$100:)—:
(par
(560,000
in
750,000
250,000
and
oiie
,;
338,106
750,000
,
surplus
♦Stock
702,400
—
stock
stock
.—I—
Lear
company also makes aircraft and home radios, magnetic
tape recorders, automatic flight control systems, and many
special devices.
The company has three plants in Grand Rapids,
wire
2,045,538
val._—•;
invent.
and
automobile
for
.....—,
—
contingencies
self-insured losses
,
The
r'
payable
Accounts
w-'-'
etc
230,000
■; 3,182,882
-
—
3,356^319
-
5,500,000
—
ing
5,500,000
appliances.
Until
1937,
•
•
Lonergan
velopment company
Z-yy
■
'
/:<•>".;//
■'
••
Co., Inc., operated as a
for products which consisted of oil
Mfg.
sales
■
....
and .de¬
burning,
•
/./
a-"-A-:
♦includes net debit for carry-back account 1944-1
$7,092
y/.y
.
'v;-/-/
>»
i
$10,779
..
space k-
Ilncludes adjustment account prior 'year's capital stock tax—credit
oil burning water heaters made for them by other manu/
$52,727.—V. 163,-p. 3139.""'
'
'
* *'
•'4 '
*
'
\
However, in that year, sales of the original company had
point where outside manufacturing connections Fere in-r
adequate and a plant was then acquired at Albion; -Mich. The original
Maine Central RR.—EarningsIndiana i corporation
was
dissolved
and
its
assets
acquired by -the • •.
1946—Month—1945-.
1946—7 Mos.—1945 f,
Period End. July 31—
present-company.
$1,697,133 a$1,832,030 $11,943,706 $12,333,626
The ;new
Operating revenues L—
company continued the production of space heaters and
1,388,723 " : 1,509,402- ■ 9,982,058 v 9,558,615
water heaters, and in
Operating expenses '.
1940, added a line of bbverage coolers to- its 5.
products;1 During
this
pre-war
period,1 the • company's
production
.$322,628 ' $1,961,648
$308,410
$2,775,011
(90% of which consisted of space heaters) was sold to mail order and Nel; oper..'revenue——
; 163,053
TaxesL._ ZJ--L--Z—L;
147,280--- 813,473'
1,368,448
chain
store. organizations
and
through an independent-distributor
8,255
307,306
165,703
14,890
Equip., rents (Dr)„.
organization which was then being built up.
• •
•
* '-
heaters and
Total
$23,309,539 $21,459,999
LIABILITIES—*
Notes
payable
Accounts
to
tAccrued
state
income
Dividend
on
for
ICommon
.
s
tax
including
Federal
stock
Insurance
p.
342,264
\
v
2,325,677
in July
contingencies.,—
..
2,297,391-
221M5
138,165"
92,084 * '
,
stock
5,526,620
10,385,182
—
836,305-
552,662
S
833,289
-
_
13,072,814
a
..
.
•
.
"
Immediately after the
ly curtailed
while
the
and
cessation
continued
company's
plant
in
of
that
facilities
hostilities,
status
were
until
of
of
in
for
1945.
$1,700,000
$10
par
In
bad
and
doubtful
t After
1946
value
in
accounts
deducting
and
1946
U.
$2,040,024
and
-
$1
S.
of
$135,000
Treasury
in
1945.
par
value
tax
in
1946
savings
t Represented
in
1943.—V.
by
manufacture.
By the end of January
tracts had been terminated and
disposition
material,
mass:
to
Unfilled
of
which
the
end
of
the
had
been
of
susbtantially
was
In
Net
recommenced
peacetime-operation -has been
total
and
recon-/
27,477
24,116
197,439
157,357
$118,763
—
oper,
Income-
$127,204
$643,430
$1,083503
301,233
Other income
•
55,533:
49,466
290,791
J
ft
.
Gross
income
Rentals, int.,
etc.—'
$168,229
MOS,509
$182/737
,
.
$1,384,73d
972^104
$934,221
136,773
913,009
$45,959
$21,212
1—;
now:
orders
ry.
air war
February; 1946 '
(Dr)
1
year
realigned for peace¬
1946 all government con¬
made.
facil. rents
Joint
;
•
supplies
production: of-civilian- products
version
164,,
equipment-and
production was great-
being
time
$23,309,539 $21,459,999
_
reserve
$125,000
557.
••
payable
and
surplus
♦After
and
v
reserves
common
1,387^108"
492,85L
v
and
Total
shares
$2,000,000
2,266,054
merchandise in transit—__
structure
Earned
notes
$2,000,000
——
(outstanding 552,662 shs.)_,_
surplus resulting from change in capi-
Paid-in
tal
.
bank__:_
liabilities,
facturers.
reached
•
payable
Accounts payable,
Reserve
'
more
for
than
space
half
heaters
are
from
substantially- completed.
in excess of $4,000,609.
independent distributors, th? bal¬
now
Net,income.————
—V.
164, p.
955/
.$62r720
^
~
/
:
$412,632
•
.
.-/lev
*
*"
•
,VGlume 164 ; Number 4521
:l
VJMIU «*» •«» r'VK'>' .v«/jv-'<S«r;.v
jerred
a
number
stock
allotted).
at.the- close
The company has called for redemption
<
Redemption—*///■
Oct. 1, next, $22,000 of
first
and
mortgage
101%
and
collateral
interest.
trust
Payment will
on
27/i%
bonds,
made
be
the
at
New
York/N. Y.—V.
164, p. ,10.*-
ind.,
:
/
the
Net
yC Net
Co.-
Meridian
I
164,
Pontiac,
/
'
'
The
.'
"
:
Kaiser
company
SEC
for
175,418. shares
employees
filed
($1
$175,706
190,000
201,954
$1,363,127
980,000
$1,112,227
1,009,770
•
l
common
f T|
-
receive, without cost, insurance policies in the amount of $1,500
each, as a result of a recent agreement concluded with the Metro-*
politan Life Insurance Co.,^ according .to an announcement made by
Roy F. Copp«dge» Chairman of the Board/
y
'
•
'
*,
All
McCrory
regular
employees
with
a
year
or
service
more
Net
)
<
and deben¬
stock including those pay¬
'
1
.
[
•*
•
.
air
commercial
,
eligible.
pla"**
for
164,
McCrory personnel
accorded
regular
Which
employees,
became
include a retirement
effective in 1944.—V.
yNet^ry. -opcr. inco.me___
r^ronijaji.
P. 829.
/
s/:-/yy*
Grdss
:////};•%//'■/•/■
■.
Melville. ShaeCorp*—Split>UpApproved—New Stock"
to be Placed on $1.60 Annual Dividend Basis—Buys New'
/Factory-*stock
recommended
28.-.The
June
by
stock
new
issued
of directors
Aug. 30,
on
or
:
:
as
Net:
the Thorn
this
in
part as follows:
McAnn
and
men's
Boys'
slices,
and
he
said
Net
v.:Uy- /'Zy//y/:/y
Miners /Transportation
/y->:v//y// ./
Merchants
&
i
from
,
,
,
s
the
/
Gro'ss' from
,,
letter
a
Co.—Interim
,yy;
<
,
'
'■
"•/"<
.
- *»•
.
\
.
1944
$332,043
143,759
1 895,206
259,256
„
-
of such
.
1945
$7,582,494
2,329,513
/SHEET, MAY 31,' 1946 '
,
General
•*
'•
$3,034,966/
/
Cash../
18,640,224
oper; income///"
233,362"
8,556,332
—V.
r
164;, p. 956..
Accounts- receivable•
assets—./.././_./_
/_/_
/__J_/._./.^
Insurapce and .other /reserve funds: securities
Deferred charges and other assets—
j.
254,741
1,
*
Cash
Total
..........
Co/ of
$12,803,801-
Capital stock, (167,833 shs. no
Earned .surplus ...
Reserve for contingencies
11,393,726
9,199,851
9,147,661
2,954,009
3,462,696
vouchers—wages and
Other current* liabilities
dividends
169,745"
payable...,
—
A
.
including - *
Federal income taxes....
'■
■
■'
163, p.
/ The
dividends
recently
27,
announced
the
on
last,
this issue
on
company
until
that
common
had
they
later
a
the
directors
stock,
decided
date..
no
to
cents
*
The
last
payment
was
; ^
'
TH- p
Files With SEC—
;
../y.
Stocks
$11,
a.
will
be
offered
in -units
unit. vProceeds will-be
named:*"
No- underwriter
used
to
->.
-
- -
of
one
equip
*
v y
share
and
-
of
an
.
*
$272,136
1944'
1943
ry.
income./.
49,266
;
68,217
67,137
1,328,635
1,697,346
1,754,148
149,560
549,006
607,154
185,447
408,883
477,321
Net
p.
income////
/
;
.
./ /.
/- /
This "'company has purchased
stock-from Sharon Steel
airfield.
-common
.information, filed
to
shares
or
27.1%
chased \stock
SEC—
of
with* the
the
stock
650,763
•-
'
.
•
-
•
"
;
30,000
Corn.;
,
Securities
of its own class./B:
bank loans, accordingq
and
ofUhe
First
surrender of the preferred
allotment
National
the holder of
a
price
of
which
stock allotment
has
been
paid
by
certificates
holders)
(50%
at
The "
Bank of Chicago, 33 South Clark St., Chicago 90, 111.,
each such allotment certificate will be entitled to receive
certificate or certificates
for one-half "the number of shares of
■
pre-
v
1946
1945
$312,089,088 $310,245,816
......
$313",071,665 $311,266,206/
1,020,390
982,577
-
292,671,879 283,349,507
697,232 /
839.423
7,900,000
20,100,000
surplus. .......
—
—
per share of common stock——.
p. 830.
Power
&
class B common ta-147,500^
Mullins offered the pur¬
to
investments
to
its
&
Light
Power
&
,
Light* Co.—Investments'
be
owned
by
Owned
Utility Stocks Described
the
company subsequent to the
common" stocks of Caro¬
stockholders on Aug. 23 of
distribution
Power
$6,9-77,276
. . $1.11'.
$11,802,554
/ ; $1.88
,
lina
•
Exchange. Commissibtt..
-
The
y
j:,'.-r-bK
Light Co.,
Birmingham Electric
described below:
Co.,
are
Co.
and Pennsylvania
*
distribution Aug. 23 to the stockholders of National of
the common stocks of Carolina Power & Light Co. and Birmingham
EleOtric Co. and 682,013 shares of the common stock of Pennsylvania
Power
&
Light' Co., National's remaining investments will consist
Upon
,
•
25 officers and key employees, who
Mich.—
,Z
to
.
by the Dearborn Co. of Chicago,
the Cleveland-Cliffs Iron Co.
The
Thlb conmany has been purchased
1
for
r
Metropolitan Industries Co.—Stock Certificates Ready
Upon
'
'
-
....
460,890
using
shares
Munising Wood Products Co.,. Marquette,
undisclosed
amount,
from
the
t
n
an
purchase was financed by a group headed by the American Securities
a6cordin'g to an announcement made Aug. 29 by Charles...G.TerfPresident, of tjie latter .company., Mr. Terry has been elected
a director of the Munising-Wood Products
Co.
This
of
for
all
the
acquisition will round out the Dearborn company's production
of wooden articles from the log to finished products
consumer.
*
1'
■*•"*. 1"j- "■'■*•
types
represent present realizable values.
Memphis
Corp..
'
;
-
Corp.—Earnings—>'
...
30—■'
substantially all of the preferred and common stocks of Lehigh Valley
Transit Co., carried at $5,176,169.
These book values do not purport
tive
>
payment of 6% on account
income debentures, payable
record Aug. 21, 1946.
on
for Federal
Equivalent
which
may be issued in exchange for 2,580 shares of its 6% cumula¬
preferred'($10 par). Offering price, $1.25 a share. Underwriters,
Carr & Co., Detroit.
Proceeds will be used to reduce bank loans, retire
mortgage securing them and for additional working capital.
'
-*
$59,679;
.
including depreciation—
funded debt......
—
taxes on income...:—
on
-r—-V. 164,
.
outstanding.
at $21. per share to
*
76,583
1,631,345/
■ii
.
This .reduced -Sharon's holdings of Mullins
-
,
....
Provision
at
--
*
income for the current year
on
_./_..
National
:
/
26 authorized the
the 30-year 6%
Aug.
accrued
income/,....
/.'Interest
Mullius Manufacturing Corp.- -Buys Own Stock from
.
/
'
•
.^Operating expenses
-
729.
Bank Loans,—
1946
$1,735,101; accrued taxes,
'After Distribution of Subsidiary
\; ?tMetal-Olasfii/Products Co., Belding, Mich—Files With
k
sales
Balance
from railway__/.//
ry. -oper.
,
s
1946, to debenture holders of
1,
6 Months Ended June
.
122,438
Net
164,
u
payable,
"
Net:
$276,240
95,680
'*:;• .From Jan. 1—
/ Gross 'iron ^ railway///
—V.
*
APRIL 30,
plant and equipment (after reserves for deprecia¬
$1,949,302; deferred charges, $85,688;' total,
for Federal and State taxes
interest
the
/Other
$255,155
1945
/
SHEET,
amortization),
Total
: i
1946
.
'
•
•
.
,
94,911
.
j
BALANCE
National Dairy Products
'
/.-'//;
each-.share
maintain
-
7
company ^n .Ang, 21- filed a' letter/of, notification - with the SEC
for_$10O,OOO of class-A«($ie part-stock »and $20,000 of-class B- ($1. par)
stock.
:
55,735
c/i tihe.
'•*.
'
$254,269
Y.—
Under-
Offerings, price. 12 Va,
equip¬
railway.™...
Net
y
canital stock.
from
.
$6.32
$727,000 Federal
$2,139,219;
The directors'on
exploration,' drilling,
for
Net
oper:
'
flncludes
etc.
post-war refunds,
■
property,
and
Sept.
Gross from railway/_'__
$1
$6.38
y National Cuba Hotel Corp.—Interest Payment—
Earnings—
:
234,639
$2.67
of notification with the SEC-
'
,
$742,320
234,639
com.
.
*
'
.
used
be
$748,915
299,502
tingencies, $355,000; common stock (par value $4 per share), $1,340,000; .capital surplus, $932,676; earned surplus, $4,319,633; total, $10,552,099,—V. 163, P, 3288.
>
,
Mont.—
Helena,
•y
...
Merrick Air Facilities Inc., Rockville €ent«r, N.
will
100,000
■'
(estimated),-$1,235,667; reserves for guarantees on products sold to
U. yS. Government,
$571,660; reserves for repairs and replacement#
on
rental batteries, $2,684; reserves for product guarantees .and con¬
.
><
-
share on March 21..1946. * :
*
j . Disbursements during 1945 were as follows: March 14 and June 13,
$lyeach; Sept./14,-/$i/5.0:; and.;Dec.:21, .$l.—V. 161, p. 10.
per
Proceeds
share.
a
///July—
decided
have
value, at this
consideration of
deducting
$10/759;
of
'
'
Aug. 23 filed a letter
Montour RR.-
-
par
defer
on
,
20~368
'
y
44,370
-r—-
y $10,552,099.
York, N. Y.—^V. 164,
-
Inc.,
for-500,000 shares of common non-assessable
ment, etc.
distribution
no
On. June
New
writers, L. F. Hachez- and Co., Spokane, Wash.
2857.
company
make
time.
„
-
$12,803,801
iMergenthaler Linotype Co.—Omits Dividend—
to
The
3,411
785 278
"
Total
—V.
Files With SEC—
//K 15,778
$893,841
ASSETS—Cash,
tion
24,976,270
18,936,559
y;.:-.-;;-"y.-:
Mines,
Star
1,984,057
Cr2,559
Cr8,779
receivables (after reserves for doubtful
$1, 491,914; inventories, $4,220,521; products on long term rental (at cost less amortization of $190,40.4), $26,839; amounts retained by U. S. Government on product
guarantees, $571,660; cash value of life insurance, $28,787; sundry
accounts
and
claims receivable
(less reserves of $13,027), $27,412;
/accounts
receivable
from
employees
(including
officers
$704),
1943
1944
/
y-Silver
10.428
'
accounts, .and discounts, of $186,556),
'
2,500,000
;
58,232
"
"
'//
stock-../.
com.
CONSOLIDATED
i
Redemption—
140 Broadway,
■
Montana
4,049,54Sh
■
contracts
war
LIABILITIES—Accounts
trustee,
YO',573
-
1,947,8S4
•' 9,019
of
on
profits tax.
excess
y
.
;
Crl5,693
119,696
profit
dividends
•After
4,123,063
$4,695,825
/ -^///.u//^l/.i/.//./..^/^///
Audited
accrued
York,
abandoned—.
facilities
5,972
21,819
21,432
,*
income./
on
shares**'
■
1946,
New
559.
.p.
,
,
.
; y
6,671
1,226,647
Earnings per share on 117,335
43,408,323
*
LIABILITIES—
2,863.840
18,178
$2,882,018
$2,848,802
$2,246,280
•/
6,097
contingencies ./___
Net
2,007,056
797,717
drawnt by lot for Redemption for the sinking fund
$400,000 of its first- mortgage 27/8% bonds, series due
/ 1975.
Subject to deposit of sufficient funds bv Sept. 30, payment,
at 101.09%
and accrued interest, wiil be made at the Guaranty Trust
on-Oct.
•
$6,676,362
The company has
38,633
.
2,227,2621
y
taxes
Emergency
and
$20,691,110 $20,089,557
19,057,467
Mantana Power Co.—Partial
1,057,647
/-Other current
$25,173,804
2,844,326
4,475
13,861
-;•
/.—/—
....
paid /____/.
/
renegotiation adjusts.
deductions
provision
"1,500,000
credits.^..... /
•
: 4.457,19Q:
XJi^S. Government Securities
1944
' 1945
1946
Overprovision for prior years..
133,940,626 134.702.695 127.192.354
54,998,370
56,899,104 58,412,913
97,329,655
from railway.—__/y
Net rv/
9,050,901
3,168,314
$24,828,892 $28^261,518
...
years
•Federal
1
railway.__1
from
Gross
Net
_
Property
i— V
prom Jan.
.
/' /■- ;///.. ■-"" V-'//.:'-'
and equjpment-^less depreciation
Investments
/..././//.....^i:-/./
/ASSETS^w;/"'
1945
railway— $15,643,961 $20,269,833
3,246,094
3,086,227
2,658,260
1,674,277
Net* ry. ^oper. Income...
_
6,749,037
2,476,521
,
Net- from •railway_i.i__'_.
lAftere giving effect
income
-•Sundry
1943
1944
-
from
•Gross
6,661,207
"
;
...
'Prov."'for adjust,
•
-*'1946"
July—
*
-
233,019
23,615,625
2,602,293
905,577-
•312,552
^ State income taxes
Missouri-Kansas^Texas RR^4Fairwings—
s
Prior
1,766,019
776.096
226^161"
-
y:'-///V^-yV-;///
>/;
- y
;
V:"^'-'-i946 '
$3,540,096
1,115,985
24,946,584
income...'
income, and
Total
•-
to disposition, of the/TSteamship "Fairfax" and
Office Building, 112 S. Gay Street, Baltimore:] /
/
23,917,655
railway
sales
Sundry
21,336
1,804,346
; 679.39*
219,558"
.
: ..PROrFORMA BALANCE
831,554
169,924
y.
-
-
168,217
17,002,779
railway./..
oper.
Interest
2,037,988
vy/y:
.
assurance
$3,590,841
681,434
profit from oper., less selling,
admin;.and general expenses..2,232,419
1943
/
$253,991 ?
98,303 .
.
35,849
32,512.-;-
,686,723
322,568
from railway-.
income...
p. 729,
.
future, plans
capital that, as matters appear today, there is no
an-undertaking being successful^" /«.
"
- y
-
$3,294,884
145,022
Gross
$326,412
128,116
1,883,290
Net ry. oper.
—V. 164,
*
1943
' -
National Battery Co. (& Subs.)—Annual Report—
,
Taxes
1944
351,536
...
^
Earnings—
•''/i 1945
"
$2,611,483
railway
railway
from
Net
.
V
•
4,072,821
<
.
1946
•Deficit.—V. 164, p. 729.
5,149,574
1,388,796/
$5,603,464
$7,521,199
1,246,954
2,586,050
Increase in freight rates and the known and possible further increase
Net/r'y. oper. Income./. ;'
507,669
511,548 ' • 423,156.
in labor rates, prpsept a.t least a doubtful and unpredictable result.
v
From January 1— ;
/// 111 this connection it should be borne in mind that with the mod- y Gross from railway.///" 35,502,030
52,781.322
47.421,562
ernization of our- rail,-truck and air competitors, a successful coast¬
Net from railway////-/
,7,331,070
17,442,352
14,959,311
wise operation may. have to be modernized to improve its service, by
Net ry. .oper. income../
' 2,758,931
4,263,743. 4,096,960
shortening the'time, of transportation \ and expediting the handling
*—V. 164, p/ 729. '
* ' "
/ .
/'
of'freight, and thereby reducing the cost of labor. It is doubtful if y
there are any ships available with which this, improvement could be
Missouri^ Pacific RR^Earniiigs---- ' ■
--'
successfully made, or new ships built without expenditure of»so much
,,
1
from
from
•Net'ry.
^yyy-/:y;
^
Prom Jaia. 1—
reported
stockholders,
to
/
-
.
2,558,727
'
>:/y .50,275
Net, ry; oper, ,ii)CQra§
ry
,
$8,918,161.
total,
payable
-
.
$299,183
'111.266
railway
Net, front railway.;
t
-
cost),
From January
14,381,935' 17,523,279
•856,527
income
oper.
(at
expenses
'
Gross .from
581,771
s
of the company, present.conditions make'v.
July-l
:■
decisions extremely difficult. Two principal factors involved are- future 4 >
Gross from railway././"
possible revenue and expenses, which, under the present or proposed ;; iNet from railway./....
y
$147,357;
accrued
Net'ry. oper. income
620,535
747,932
Missouri Illinois RR.—-Earnings*—
July—
% 1946
'• 1945
;
Net
Administration.,,
to
value,
Years Ended April 30—
company's principal activity, at this time-is the handling of
government ships" in the capacity "of general; agent-yto the; War y
As
;
Net
$2,403,192
437,382
-
* ' y
//■
railway
14,270,474
railway^—• 275,523
Gross from, railway....
A. D. S. Stebbins, President, in
Shipping
Gross
1944
1945
-
1946
U. S. Government securities
receivable (less reserves for cash
$785,121;
accounts
247,106
$2,563,604
$2,078,635
35,653
*143,841
■
•Deficit:—V. 164, p: 729 y
(The
tea
:
•
rs "follows: ■/
•v
471,773
137,296
$36,350
necessary.
Nashville Chattanooga & St. Louis Ry.-
;
railway
from
Net, rv.
Report--/
(
319,138
:f'y':y,:; f" 1946"-/
railway
oper. income./
ry.
Grcss
it shortly
that
expansion of the Melville retail chains—V. 164,. p. 1087.
V
from
1.: Prom January 1—
feel that*
"We
will
year
expected to add still another unit in o,rder to keep up with the planned
:
the Internal Revenue Code
of Munsingwear, Inc. and one
case of
results
operating
LIABILITIES—Notes
$633,793;
Net
stated
President,
Melville,
earnings
I
Mr. Melville further revealed thatthe company had only recently
purchased a new factory, the 11th in the group which manufactures
■
1,068,759
Net from
be more than double the $2.09 earnings
of last year.
As to. the dividend on the new stock, the directors intend to pay a dividend of 40 cents per share quarterly.
That is, they
intend to put it on an annual basis of $1.60, which is equivalent to
$3.20 on the old stock."
.
983,936
July—v. y/y
Gross
Aug; 27.
on
Ward
our
913,*771 yyi 1,030,27^
358,414
174,628
t$0.43
(banks), $1,317,500; accounts payable,
(other than taxes), $346,529; reserve for
„taxes
(less U. S. Treasury tax notes, $95,050), $560,018; long-term
debt (not current), $121,146; reserve for contingencies, $110,000; mi¬
nority interest in subsidiaries, 151,605; capital stock ($5 par value),
y$l,500;oo0; capital surplus,*$3,239,681; earned surplus (accumulated
since Jan. 1, 1937), $937,889; total, $8,918,161.—V. 163, p. 2996.
75,305
43,785
.
.
$60,324
t$0.87
;
discounts
other receivables, $139,163;
.inventories, $3,580,786; cash surrender value of life insurance on
officers, $85,603; Federal income tax credit, $160,000; plant and equip¬
ment (after reserve for depreciation of $1,532,097), $1,854,657; prepaid
expenses and deferred charges, $235,285; cost of investments in sub¬
sidiary companies in excess of net tangible asset value as determined
from accounts of subsidiaries upon acquisitions, together with good¬
will, trademarks and patents, etc., on books of parent company at
'
1— '
;faflway^,^_
$121,133
$0.49
,
and-doubtful accounts, $87,763), $1,250,189;
MinneapoHs St. Paul .4^ Sault Ste. Marie RR.-—Farmings
at its meeting
soon there¬
will receive one share of new
board
the
was
as practicable.
Eacb stockholder
stopk for every share. of old common of which he was the holder of
record
from
$148,122
share..
carry-back provisions of
the
of
trade
July—
after
{
22,310
from
205,000
'
*The stockholders on Aug. t!8 approved the two-for-one .split of - the /
common
on
41,883
41,463
,
.
tCrl23,650
...
ASSETS—Cash,
$167,392
railway//.193,286
Net ry. oper.* income-...
57,191
—W'164, p. 729.
-Net
\ i
{
$144,130
15,158
Net-from railway.
benefits
all
income—
on
CONSOLIDATED BALANCE SHEET JUNE 30,
-
,
nominal
$181,546
76,700
$149,336
3,959
$120,647
60,323
19,517
deemed
$700,000;
y
' 33,146
railway
taxes
babsis
has "been
1943
,
16,495
$326,133
subsidiary for the six months ended June 30, 1946.
In the
another
subsidiary, a provision for Federal income taxes of
,
1944
41,177
$43,989
on
Federal excess profits tax in 1945, $119,000; 1944, nil.
capitalization.
fAfter Federal income tax credit of $160,000
old
the
on
,
Resumed—
v-V''i -y;-1945'
"
f > Previous
.-
from
$116,687
inc.
taxes
income
service
transport
.1946
for
arising under the
424.
_
l^lHland Valley RR.»—Earnirigs~^
Gross
$309,638
•including
tOn
fund charges on bonds
sinking
bonds and debenture
on
dependent upon available income.—V. 164, p.
July—
are
904,269
$85,167
(net).
before
Earnings per common
Will
-
$1,020,957
859,088
interest
Minority
'• $102,457
:■ $383,127
.
than $60 weekly
earning less
and
interest
charges
of which is
Dr$26,248
$32,813
y
income
income
•Provision
to Aberdeen, S. D., and
Bismarck and Minot, N. D., and points south and east, was reinstated
by this corporation on Sept. 1.
'
/
/
•! h
! y Service to these northern cities was suspended in May, 1942, by
order of the Civil Aeronautical Board,, after 11%
of Mid-Continent
Airlines'1 equipment' was; turned\over - to the armed forces for active
ty with the military.
k \
'
egularly scheduled air service io St. Joseph, Mo., was also resumed
by4his corporation on Sept. 1. This service also had been suspended
in May, 1942.—v.; 164, p. 282.
a
par)
this corporation
of
$222,813
....
Mid-Continent Airlines, Inc.—Services
McCrory Stores Corp.—Insures Employees—
<
) Regular
4,823,511
annual
$1,168,726
profit—..
operating
Net
$5,935,738
6,159,487
Scheduled
Aug.'-22
on
$7,522,614
#1^1
,
registration statement with
stock.
Underwriters,
Goldman, Sachs & Co., and Hemphill, Noyes & Co. Net proceeds go to
11 shareholders
who are Selling the -stock being registered.—V.
163,
the
$1,210,154
1,034,448
fund
ment
C.—Regis¬
Burlington, N.
Co.,
ture
"
ters With SEC—
$1,523,249
1,300,436
oper.
earnings
•Of
Indiana Limestone Co., Bedford,
:
'/.-• y
"//iy;■ ■■•
'
V
the
•
May McEwen
\
and
Inc.,
829.
p.
1944
$5,517,605
4,496,648
Incl.
and
Miscellaneous
1946—5 Mos.—1945
White
,
Ind.—V.
Net
on
sales.
adver., distrlb./
administrative
—
profit
exps.,
general
depr.
incl.
exps.
1945
5,097,393
1,136,886
sold™™
$6,266,118
$1,222,053
-
merchandise
Gross
Oper.
I860.
1946—Month—1945
31—
•Accrual
Baking Co.,/. Day ton, Ohio, and
St. Louis, Mo., has been elected a member of the board of direcotrs.'
Mr' White is also a director of The Union Trust Co., Kingan and
President. of-
of
certificates were permanently ,
26, 1946, and no transfers
operating' income
Oper.
Marmon-IIerrington Co., Inc.—New Director—
Aug.
on
Canadian currency)
(Expressed in
Gross earns./from
.Russell L. White, President of the Indiana National Bank, Indianap-
/olis,
/••
£./>r:
Period End. May
>
•
<
.
Cost
„Z
sales
/;/Mexican Light & Power Co., Ltd.—Earnings—
series due 1975, at
Continental Illinois
National Bank & Trust Co.,. trustee, 231-So. LaSalle St., Chicago, 111,,
or at The Chase National Bank of the
City of New York, 11 Broad St.,,
.
allotment
business
of
thereafter be made.—V.. 158., p..
will
thereof
Net
.
for .the
books
transfer
The
closed
Maine Public Service Co.—-Partial
one-half
certificate; (being
1946
$6,576,504
5,354,451
6 Months Ended June 30—
:
stock represented by such allotment
the number of shares of such preferred
common
,
Semi-Annual Report—
(& Subs.)
Munsingwear, Inc.
of such*
for the
.
of
shares
of
■J.
1211
CHRONICLE
stock, $45"par value, allotted pursuant to the terms
certificate together with a certificate or certificates
allotment
special dividend of 25 cents per
share and a regular quarterly dividend of 31 Va cents per share on me
common stock, the former payable Sept. 25 to holders of record Sept. 12,
and the latter on Nov. 15 to holders of record Nov. 4.—V. 164, p. 558.
Aug. 23 declared
on
i?"5 WAJ-V
5
THE COMMERCIAL & FINANCIAL
'(M.) Lowenstein & Sons, Inc.—Special Common Div.'
The directors
4' ,*•'
Vf'T
Generating
Co.
owns
all
/ ;
of
the
common
.
stock
of
v
the
Street Railway,, which stock is carried on the books of
Generating Co. at $1. The property of the Memphis Gen¬
erating Co; consists of a steam-electric power plant having a capacity
of
about 54,000 kw.. located in Memphis, Tenn., and also certain
transmission lines.
The power plant capacity has been leased to the
Tennessee Valley Authority and the Arkansas Power & Light Co. under
a
contract running into the summer of 1958. ^ Under this lease the
Memphis
Memphis
q
company
receives:
about
$115,000
annually,
plus
reimbursement
of
THE COMMERCIAL & FINANCIAL
CHRONICLE
outsfandingXpenses
TIle company ^as no bonds or Preferred stock
Noma Electric Corp.—Merger
The
Memphis Street Railway furnishes transportation service to
City of Memphis and environs, a large part of which service Is
supplied by electric and gasoline buses." An extensive program for the
further substitution of buses for street
railway service has been adopted
and is
expected
be
to
■
The Memphis Street Railway has outstanding
$3,500,000 4% serial bonds due 1946-65, 21,710
shares of 4%
preferred stock (dividends unpaid since 1939), and 27593 shares of common stock.
" :
"
Lehigh Valley transit Co. supplies transportation service to Allentown* Pa., and nearby cities.
This company also has a program for
extending the use of buses in substitution for street railway service.
this
completed
year.
.
these three companies.
in Progress
are
The Memphis Generating Co. and Memphis
Plans
healings
the
for
the
on
plan
the
of
rearrangement
latter
pected
In
addition
to
its
interests
in
the
1*'
'
filed
22
Northern
SEC
letter
a
of
&
Works,
par)
J
Detroit,
-
;
owned
common
-
by
t0
g0
three
be
used
subscribed
for
stockholders of
by
in
record
connection
with
*;
,
■
Mich.—Files
the
scribed
"
two
rearrangement of the capital structure of
Co. in 1945.
National has filed an
it proposes to make
an
stockholders
by payments
nection
such
with
which
aggregate $350,000,
may
application National has
requested
in
and
Indiana
Pnhlie
fn
company
;/•7
V-.;
Aug.
on
28
7,77/;.'7.
;
Pomcicrr.
filed
registration
a
statement
with
pursuant
pub-
paniees deescribed.-—V.
$1,546,460,
of
$1,211,958.
end of
and
also
164,
current
month
•
-
liabilities
National
statements
1087,
p.
Its
the current
financial
of
the
will
three
-
»
-
com-'■>
;
5
'
Association—Output—-
shares
to
of
,
,
,
.
„
..
.
.
.,
-
The
A
Gas
output for the Aug.
increase of
13,901,000
an
98,849,000
ft.
cu.
p. 1087.
in
23
cu.
the
;
shares
offered
,
by
week is reported at 112,750,000 cu. ft.
ft., or 14.06%
above
production of
corresponding
week
a
New England Power
The
association
ended
Aug.
'
1946
V.
year.
65,014,934
19f45'
week
<
,
Middle
'
for
V.
17,
Ju!y—
Gross
v
1946
from
railway.^
from railway......
Net ry. oper.
income...
—V.
oper.
'v;
33,996
449,486
income—300,521
164, p. 730.
A1
127,539
653,103
ry.
income..
oper.
Kpf
Net
ry,
—V.
^nia 7ay
oper. income...
dividends
preferred
dividends
164,
3,719,782
<•
3,138,769
1,108,881
■,
Fed.
.1
>
and
the usual
stock
of
Sept. 6.
1,\ .this
'
Jan
on
22,
1946,
5%
a
stock
"
distribution
715 602
unm
1945,
the company paid cash dividends of 10 cents
each"
March 22, June
15, Sept.-14 and Dec. 20, or a total of 40 cents for
the year.—V.
163, p. 1572.
^
"
<
York
xorK
renfral
t/entrai
PR
'
FomtnMe
KK.—earnings—-
2,386,434
Period End. July 31—
$
Ry.
45,207,795
oper.
VQ,
Net
ny
.
a
fr.
rev.
*
«{«
*•
expenses.....
ry.
oper.
j—-4,399,117
j0in
facU"*^
Mof
Net
Other
oper.
income.
34,518,001
16,953,238
1,296,192
4,108,830
Net
lixed
charges
2,049,031
sale
9,912,780
^
183,930
income
-
1,085,664.-»: *989,630 '
23,772,173
26,617,041
2,634,858
r''i Ki:
$7,558,703
in
seven
mint*15
of
$n,794,80o.y jDeficit.—v. 164^
xt-
New
xr
,
New
p. 730.1
S
j
12 633.870
nave
been
rejected.
rrnfn °ilP
crued and
minal
For
Co.
,
Also
includes
Cojony and Boston
unpaid
taxes
July,
charges
and
1946,
it
bond
is
railwuy
ariinsfment
Hartford
1046—7*^=
15 071.617
$3,310,8611
•
84,636,91.8 104.694,065
...
3,117)295
$8,437,207
and
unpaid
properties
for
that
the
real
ox
.
x
o
1
$4,350,621
Boston
,
'
.i
..
.
'
'
...
seven months of 1946, it is estimated
remainder*
income
of
to
,
that
the
and
to
Old
' jn'-j
)
$1,865,535
1,215,709
$936,202
913,206
$514,376
$649,826
$517,735
incorporated
was
affiliated
with
Minnesota
in
to time.
as
other
any
418,467
is
It
public
an
utility
.
.
generated by
at retail
was
the
Dec.
On
company.
and
additional
20
31.
commu¬
had
in
its
business,
territory
curtailed
due
to
on
a
the company sells electric appli¬
basis approximating cost to the
wartime
the
for
restrictions
of
purpose
which
was
expected
to
show
underwriters
of
such
1946.
the
of
names
60,000 cumulative
sevcal
preferred shares not issued pursuant to the
such
and
such
underwriters
of
cumulative
preferred
shares not
common
have
shares not so issued in ex¬
subscribed for which the
so
agreed to purchase,
are
'
Forgan
& Co..
A.
Allvn
C
&
ffrX
Ptern
11
Harold E. Wood and Co
Inc;.
Co..
follows:
as
<
Brothers
16
—
Kalman & Company, Inc..
'
&
/uiisuii-vVimams
H
Co
Blajr & Company.
8
Barret, Fitch
Central
Republic
(Inc.)—
g
.T—l'or*
—
8
Kirkpatrick-Pettis
—V.
Co.^
Chapman & Co.„J—
Michigan Corp._„^.__
Farwell,
First
Co.
of
Hall
&
164, p. 957. '
-
C.
5-"
5
J>*
Ashmun
S.
3
;
Inc..
3
Pa.
J
Co'ZllZS—
Co
3
1
2
First Trust Co. of Lincoln, Neb.
;
5
(Inc.)——
Co.
*.
& Co.,
C-Htn-
5
5
c.o.
William
i
*
:■
'
2
"
.
.
Pacific Gas & Electric Co.-
!
v
/«
'
,
„
' 2,781,579
211,468
389,640
788,340
458,116
890,337
580,400
-H v
-——
386,000
'449,390
/ /316,190
^
$987,647
.
82,950
deducts
.
59,967
■
$893,546
'
13,567
524,397
Net
*109,603
778,257
$641,583
$1,345,349
$1,033,791
" '
'
Dividends
803,187
1~
'
'
13,567
,-436,997
27,135
on
'Balance
Earned
—V.
27,135
917,695
1,136,193
discount
'V,
$403,611
14,443
-
SEC
$385,273
164,
common
51,394
....
subsidiaries
.42,905
!
;.r
$32,703
July—"
railway.!™:
From Jan. 1—
$62 919
16^4
1,732
stock
8,416,852
12,522,548
4,219,662
835,355
;
.
——
'
.
,
$2.67
$2.13
1
"
^
21,774,755
12,522,548
—
'
*
839
-
r
Mining & Development Co., Salt Lake
.
:
share.
a
/
Panhandle Producing & Refining Co.—Special Report.
42,905
:
Rogers
properties,
etc.
No
underwriter
1255.
AV "•
;
'tv/■''
;
N.
of
Farr,
a
President,
financing
and
on
Aug.
cutlery and shear manufacturers in
1q4o
•
to)JM
31,267
announced
27
expansion
program
the
successful
involving
the
salo
shares of common stock to the puoiic and the acquisition
W. H. Compton Shear Co., Newark, N. J., one of the oldest
the'
$139 727
21,337
new
150,000
of
56)584
to
(The) Payne Cutlery Corp.—Financing Comnleted—
L_
$26,404
1 Qx4
Aug.
named.—V.
See page
52,042
$119 143
:
22 filed a letter of notification with the;of capital stock (par 25c). ^Offering price, •
Proceeds will be used for wages, repairs, equipment,
on
164, p. 957.
mi"
1046
11,902
21,775,594
1,469
;
shares
50,000
securing* title
18,157
$100 277
$
-
—
12.
p.
conclusion
1946
Gross from railway
^Net from
"
Net ry. oper. income
33,355,343
25,174,535
—_——-
share——
common
company
for
$1.35
245,765
$121'361
«tlit ^,»'v
12,979,345
24,783,571
capital stock held by public—
——
per
The
*191
etc., of subsidiaries
10,387,474.
-
——
68,110,282
income
income—-
on
67,797,985
312,296
.
City—Files With SEC—
1945
262,166 A*
r.
taxes
——
on
Pan American
.1946
and other
-
Federal
income
'*
68,924,318
20,846,241
Applicable to Pacific Gas & Electric Co—__
25,173,066
Dividends on preferred stock
—i—V-; 8,430,856
L_i
406,030
^
•
\
59,897.776
447,804
amortization—
-
-
Divs. of subs,
V.
-
77,254,305
23,892,850
—
income ' —;——-—r
for
Provision
$1,836,979
r
/
retroactive
revenue,—
interest,
and
deductions
1_
$2,123,606
382,911
pensions and
income
Gross
$1,727,376
162,703
-
}
o
60,345,580
operating
Bond
162,000
L_
$1,960,903
Net
Miscellaneous
759,574
$1,047,614
I
'
.
817,970
'
176,850
-
'
$1,276,457
V
862,800
v
94,600
$1,172,332
...
>
855,609
565,731
,
for
accounts,
increases
'.—'.
Provisicn for depreciation and
407,521
760,620
456,690
v
provision
collectible
-v 2,266,775
398,700
,
and
admin, expenses/ taxes
insurance, casualties, un-
&
oper.
•
1946—12 Mos —1945
1,162,241
175,900
1,436.432
1945
revenue-^l--»-------——--. 161,044,931 157,568,545.
operating
wage
o
'
.
1946
S
Maintenance,
$7,658,446
1
-Earnings—
■
Oklahoma City-Ada-Atoka Ry.—Earnings—
'*
m
7,839
..
$1,427,582
electric
its
dealers
increased volume in
the
Olnre.
1,375,000
4,150,000
4,900,000
Net income
—V. 163, p. 3141.
'
1
$928,363
952,987
'
$6,217,021
$8,342,731
■
.
267,655
r
.
30,553
12 Months Ended June 30—
$9,381,003
1,375,000
-
"
Ter-
Colony operations reoperating deficit of $250,000; for the Boston
thi J?^nw
estimated deficit was $370,000, and the
$563 811
W HaVCn SySt6m hSd " net railWay 0perating
/^nintTw
—
26,720-
communities
467
change
56,205
$4,089,884
"a
'^ Preferredrdividends of
ac-"
■625,027
:
$1,834,982
not
percentages of
»
^
1946—6 Mos.—1945
104,125
^
^.'^pense/^net),
estate
also
472,979
$1,400,862
preierred exchange oiler and of such or the 51,216 common shares not
issued pursuant to the common subscription offer and the respective
$6,273,225
56,205
^0 Gross %Ame
Old
of•
*
17,752
which
of
wholesale
of
estimated
;
$1,451,133
UNDERWRITERS—The
of
.
28,102
/^r v.''y
•
616 651
accrued
422,348;
.
178,206
295,249
is
-
Gross earnings
OperatinS expenses, maintenance and taxes—
^'Prov. forj;4?preciation and retirements
mx*
'
' 51
*1.297^96 11,380,364
operat-ng railroads whose leases
said
1,166,173
448,637
eastern. North Dakota and extreme eastern
During the year 1945 the company derived approxi¬
its gross operating revenue from the sale of electric
served
Harris,
12 Months Ended June 30—
1946—'7 Mos.-1945
*
695,856
;
.
nf
RR.—Earnings
and Providence properties;
against
interest.
2,394,522
622,145
activity
an
v;Ohio Cities Water Corp. (& Subs.)—Earnings—
Month—1945
>
?;
tIncludes the results of
«
carryback
-
X'SSt : aiSS J1
•TieHHf
hotfa
to
1946—Month—1945
_
revenues"
&
1,871,088355,544
temporarily
.
-
J
99.3%
Incidental
Gross
Net income
-
End.51
May 31/46
of
$7,280,535 $14,338,310 $12,325450
3,969,674
5,901,102
-6,051,925
$5,481,886 • $3,282,759
687,500,; H 687,500
2,800,000 ' 2,100,000
....
Gross income
:v':
Haven
Period End. July 31—
u.auiyjx
flw
due
xr
York
n^er*
1
5 Mos.
*1945
company
and otherwise cooperates with dealers
increaslne
utilization
of
electric
energy.
This
;"5,685 964
^
^ Cumul. pfd. dividends..
prof, taxes yf381,073
2,436,363tCrlO,933,412 16,859,702
Common dividends
July- 1946, due to carryback adjustment of $253,100 and ; "7-V* 164> P* H-
f2
first
1944
Minnesota
The Milwaukee
28,102
....
credit
EARNINGS
BUSINESS—Company
western
$7,221,103 $i4,i62,i36 $12496/780
59,433 "
"176,174
*
128,371
-t
dividends
Total income
18,322,295
V1
'/•'
OF
'
at
ances
4;,9,000
^
xi.
-
v
—
income
exc.
,
water, steam heat, and gas.
4,904,279
628,225
,
1,338,041
Other income
45,928,966
;;
inden¬
83,095 meters in service on the premises
of 70,587 retail customers.
The company also is engaged to a minor
extent in, and expects to continue to
engage in, the distribution oI
SS
$5,509,988
,
Net operating income
—
1,827,269
♦Tnrinrfoc
and
153,743
3,694,039
the
in
>>
Its corporate existence is unlimited
company
Dakota.
it
1945,
(& Subs.)—Earns.
1,480,190
'
-
in
nities
p. loss.
6,008,463
4,844,550
101,729
Operating revenues,
Operating
Maintenance
Depreciation
Taxes (other than inc.)
Federal income taxes..
Fed. excess profits tax.
Prov. for State inc. tax.
■
33,699,048
12,229,918
17,299,134
and
$2,835,646
v
&
1907.
energy,
1,431,205
1,951,290
Period End; June 30—
—
^
bonds
$515,903
mately 96.6%
1 756 497
1,431,205
Northern States Power Co. (Wise.) (& Subs.)—Earns.
11,939,031
7,386,354
^
3,504,599
V
;
.
xr
$
—
1,554,975
~~~~
w,
KTa.
^
1945
-
91,441,122
45,803,043
10,178,409
4,927,665
1,406,968
(n„nma
Common
-Vvv4 V..V,:;'.
.
mS Li?,6.482,640
.Misc
deductions...^—
Total
o
—77/rm—:
income—
Tr»foi
1946—7 Mos
6,616,104
e,A
1,502,518
-
,
_
ry.
,
said
^
—V.; 164, p. 1088.
56,095,214 342,827,199 400,325,064
43,255,253 308,309,198 308,883,942
"T«^rr7« T
10,010,465
12,839,961
rents..
-
$
179,255 shs.
$1,468,890
several
$7,348,030
—...
Preferred dividends
*
„
$
55,218,260
t60,000 shs.
$5,999,024
charges
South
'•
Net income
'
1946—Month—1945
/
Ry. oper, revenues...
•.
shares.
312,064
2'o45'601
878,247
$7,246,301
^ interest
"
'
,
(Including .all leased lines)
*
90,000 shs.
The company is now engaged in the business of
producing, trans¬
mitting, distributing and selling electric energy at retail and at whole¬
$4,416 261
tax.
Subs. divs. and minor-
-
'
$5,376,000
1,471,000
1,603,730
company.
'
ivcw
Outstanding
,
$4,722,618
deprec
HISTORY
Ninons
$6,595,194
715,602
V
.
loans
$4,405,250
revenues
operating
$5'847'466
448,625-^155,500
profits
'
-
Balance
#
In
$8'°26'3"
2,983,074
-1,613,375
3,459,425
Gross income
Total income deductions
June
while
excess
taxes
operating income
Other income
par
year,
made.
was
income
Net
quarterly dividend of 10
value, both payable Sept.
16 to holders of record
Payments of 10 cents each were made on March 20 and
no
securing
615,970
July 5,
$28,059,642 $26,735,567 $54,410,923 $51,236,015
9,770,767
8,889,575
18,986,681
17,012,112
....
...
State income taxes
dividend of 20 cents
per share
cents per share on the
capital
the
of
FINANCING
240,000 shs.
preferred
Net Income
176,174 .128,371,
$2,367,381
1,022,800
>
(other than inc.). *3,083,024
Federal
Declares Extra Div.—
extra
redemption
of. first
Total
'19x1*371
174
=£ £8*88
-Taxes
•
an
revenues
Operation
^453,609!■
2,063,727
1,821,752
p. 730.
directors have declared
1974
dated
for
Income
wuipui
,
output of this company for the week ended
Aug. 24, 1948,
48,731,000 kwh., as compared with 42,800,000 kwh. for the
Operating
1 so kor
159,b96
'
3,036,342
2,853,971
New York Auction Co., Inc.
The
*.
$7,052,657 $13,928,288 $11,899,390
3,969,674
" 5,901,889
6,051,925
■'
■
"1
"" v:
Northern States Power Co. (Minn.)
6.228,007
the
»
;
1
4419000
19,000
'*
?0-FesP0ndlng week last year, an increase of 13.9%.-v. 164,
-
-1943
212945
'
5,629,297-i
o'oco'S^i
-
1,
Net oper. revenues-.
Other income
Wf»Pklv niitmit
;
;
1944
170 477
'
4.766,72,
-
$900,000 bank
•
$10)
(par
Taxes, oth. than inc._
■—
715>60^
preferred
totaled
Ry.—Earnings—
1945
169 822
1
Tflnimrv
-
$3'°82,983
$4,557,121
1,363,635
1,170,789
....
17R
59,433
'
715 602
Net income
-6%
£
19*6,
the
of
PRESENT
1971
Maintenance
Electric
New Orleans Texas & Mexico
From
101,729
"
^
8,325,300
4,667,180
945,662
3,225,724
5Q 433
$7,111,552
1,838,828
income, deducts..
7%
,
.
Aug. 26.
to
TO
1,
Prov.
$6,993,224 $13,752,113 $11 771 019
101729
interest
•
6?l'311i'
,
^
A
Net
$7,009,824
$5'272'?24
^
Cross
1>628l225
'
"
$1,245,042
7,507,252
756,395
by
etc.
Sept.
shares
Operating
3,387*,045
5,098,300
Inet)
Gross income
Total
or
.3,-; v':—'**'
4,732,211
7,487,693
1,182,671 " 3,440,065
income
1943^?^
$1,092,984
489,939
'
104,697
1946—12 Mos.—1945
1 155 500
-.4
1944
106,443
T-et from railway.wi....ry.
1945
$1,016,674
-,
'f
J>.«'
RR.—Earnings—
"
$674,116
•
138,841
From January 1—
Gross from railway....
Net
•
due
197),
Operations
1,747,625
last
>
New Orleans & Northeastern
Net
week
Other
sub¬
were
purchased
-Years End. Dec. 31-
sold pursuant to
Middle West to dispose
448*625
.
Net operating income
was
•
.
'
applied
1943
being
are
3,604,425
1—;
.J
.
1946
corresponding
'
-
revenues
sLte^ncom^Uxes!*!!>
the
'•
shares
J-
•
SUMMARY
..
„
.
West
1946—6 Mos.—1945
Se^eral income taxes..
for
8-78%.
Aug.
be
to
retirement
EFFECT
July 1, 1936,
supplemental thereto, >
tures
,
59,767,515
with
ended
the
over
1087.
p.
compared
incre.ase
figure
for
the
increase of 23.88%
164,
) '<
'
Operating
Associatoin—Weekly Output—
as
comparable
an
"'v
reports number of kilowatt hours available
24,
25'
The
62,788,283,
ago.—V.
year
be
of
1974, due June
shares (no par)
pfd.
indenture
$28,059,842 $26,735,567 $54,410,923 $51,236 015
-'^Operation
V- 9,849,745
8,964,704
19,117,888 >17,141,818
164,
Maintenance __—1,401,499
1,389,150
3,118,178
2,968,084
Depreciation <
2,650,000
2,532,500
5,182,500
4,932 500
'
Taxes (other than: ino.).; 3,095,524
3,001,574
6,033,528
'5,712 270
f
v
week
Period End. June 30—
>
*,
<
..
1'',
,
v
ago.
42,714
subscription
5
common
shares
underwriters,
..
,
of
cumulative
mortgage bonds of all series which may at any
one time be outstanding is unlimited
exeppt that additional bonds may
:" be
issued'only, in accordance with rhe restrictions contained in the
above
year
of
by Realization and Utilities are being sold
requirements of a plan of reorganization and the
a? ,ord®r entered by the SEC, which directed
^ x
Series
♦Amount
•;-rif <"i-yOf its interest in Northern Indiana.—V.
For the week ended Aug,
163, p. 2444.
V,;1. •
23, the Association reports electric output.
14,242,604 kwh.' This is an increase of 1,436,020
kwh., or 11.21%
Northern State* Pawer Pft m^lV /A- Quite \
t*awt«'*
production of 12,806,584 kwh. for the
corresponding week a
iNOnnern Mates 1'Ower I/O. (Dei.) (& OUDS.)—Earns.—
f.
will
shares;
by
GIVING
offered
the
companies.
7r-
>'
Ne1^ England Gas & Electric
The
in-
Series
Common
net proceeds are to be applied to the discharge of their respective
obligations,with any balance being distributed upon liquidation of the
after the
sheet
for
f<1
bonds
t$3.60 cumulative
were
Soon
total
a
Authorized
3%
the
eluding cash and cash items
its balance
proceeds
preferred
incurred
mortgage
Cumul.
i.>
Middle West Corp.
lish
22,401
•
,
xxri+h
Eose of the National's current commonJuly 31 of Pennsylvania Power &
34,146 shares of assets stock last were
ight Co.
$783,465.
offer
common
subscription offers expired
CAPITALIZATION
First
77.'7;7~:7;;Vv':
'■
for! 384,026 shares (nd par) common stock, constituting approximately 17.6% of the company's outstanding common stock.
The
shares are being offered for sale at competitive bidding in the
a.m°unts of 182,677 shares,'54,426 shares and 146,923 shares, respectively, by Midland Realization Co., Midland Utilities Co. and the
authority to dis-
shares
common
„
28,815
and
old
expenses
3%
SEC
V
exchange
PURPOSE—The
and
-
*
con-
for
Peattie
Northern
,
51,216
subscription
leaving
unexchanged
the SBC
individuals-viz.:
vc^0rinCP lna,ana FublIC ©erviCC CO.—Registers With
Pennsylvania Power & Light
application with the SEC in which *■'
equitable adjustment with such non-subscribing
the
to
for
The
1
sener
The
exchange
shares, -leaving -17,266 $3.60
purchased by the underwriters.
be
underwriters,
^
the
in
preferied
to
offered
stockholders,;-*;
Pursuant
for
<
will
..
surrendered
were
shares
'company
common
Co., Inc.,
23 (lied a letter of notification with
($1
shares
cumulative
The
notification- with'the SEC
\
h
;
*
shares
W.
$3.60
v
■
Engineering
The c°mP«>y
7
William
''S ■''""■H
-
450
preferred
and Reed C. Zen.
Underwriters, Mercier, McDowell
& Dolphyn and Smith, Hague and Co., Detroit, and Investment Securities Co., Jackson, Mich. \Offering price $7 a share.
Proceeds will
ex-
companies mentioned,. Nahold, after the distribution made Aug. 23, 34,146 shares of
Pennsylvania Power & Light Co. common stock which were acquired
by National pursuant to its obligation to purchase shares of such stock
not
on Aug.
;
share.
offered 60,000 shares of $3.60 cumulative preferred
exchange for $4.50 and $4.25 dividend preferred stocks. Pur¬
to the exchange offer 3C.813
$4.50 and 11,901 $4.25 dividend
company
preferred
•.
(no par) at
share and div. and 28,815 shares of common
per
in
suant
:.-V
Philadelphia
Corp.,
"
shares Class A stock. Underwriter, W. H. Bell
Philadelphia. Offerings, price $4.50 a share. Proceeds will
working capital to conduct finance business.'
'
*
f0r
Commission.
tional
Aceptance
-
The company
,
The
stock
SFf
,T;
.
With
#th« Lehifh Vahey Transit Co i,ave been informally discussed with
?f thf Secu"ties and Exchange Commission and it is
that a plan will soon be formally tiled with the
••
American
Files With
company
the cap tal structure
of
$99.25
shares (par $10) at $51.25 per
Noma completes the issuance of
80,000 shares of its stock
120,000 shares, it will have 603,365 shares
outstanding.
164, p. 1088.
w
North
<
and
1
Pollak's
-
'f
company has outstanding $4,915,000 principal amount of refund--'
ing and improvement 5% bonds due June 1, 1960.
The preferred stock
>
outstanding totals 98 470 shares, of which 99.86% is owned by National.
The
common
stock outstanding
consists of 58,709 shares,
99.44% of which is owned by National.
No dividends have been paid by Lehigh Valley Transit Co. since 1918.
' :•
Plans are under way for the rearrangement of the capital structures
change Commission
Otter Tail Power Co.—Stocks Offered—Glore, Forgan
& Co. and Kalman & Co., Inc., on Aug. 27 offered 17,286
When
for
—V.
;•
shares of $3.60 cumulative preferred shares
,
The
of
Apprpoved-—
Tbe stockholders of this corporation and of Pollak Manufacturing
-c°> at special meetings on Aug. 28 approved the plan ox merger
whereby Noma will absorb Pollak on a basis of two-thirds of a share
of Noma for each share of Pollak. Plans for the merger were announced by officials of both companies July 31.
the
Monday, September 2, 1946
The
to
additional
manufacture
facilities,
a
complete
the country.
Mr. Farr said, will
line of manicure
enable
cutlery
.
the
and
corporation
household
industrial shears.
Am expanded sales and advertising program is
being Initiated which is designed to secure for the corporation
increasing share of the domestic and foreign cutlery market.
The
corporation * has - a backlog of unfilled orders in excess of $500,000
calling for current delivery, he added.—V. 164, p. 1088.
and
now
,
an
5
;
.
!
;
(Continued
on page
1249)
»
Volume 164
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4521
Stock Record
New York Stock Exchange
«»
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
HIGH
LOW AND
Saturday
Tuesday
Monday
■
Aug. 26
# per share
9 per share
74
" 74%
69%
73
*10711
EXCHANGE
108%
*10712
108%:
*120
STOCK
140
*110
130
CLOSED
14
*47%
19%
*56
13%
*112
47%
17%
19%
60
*54
60
>
.
19
31%
31
13%
13%
13
13 %
49
50
45Va
49
*124
130
6%
*122
130
6%
7
72
71%
6%
38%
38%
37%
38
*102%
103%
102%
103
5%
5%
52%
48
50
47%
65%
64%
64%
63%
♦118
54%
51
♦107
112
23
24%
23
187
189%
180
35%
23%
185
25%'
26
32%
17
*122
6%
36%
47%
44
48%
105%
♦105%
105%
45%
45%
40%
45%
&
%
32%
33%
9%
84%
8%
9%
ft
32%
8%
9
4%
47%
*62
50
107
22%
180
*24
34%
Doc
Jan
98%
Jan
*6%
6%
367/a
Jan
15%, Jan
5
2%
64
Jan
84%
48.
Jan
56
51%
Jan
23
22%
Jan
91
:
107
Jan
13%
182
Jan
153% Mar
24%
15%
34 y4
Jan
27% Aug
44%
45 y*
20%
Jan
*105%
105%
102%
Dec
41%
43%
38 %
Jan
%
32%
8%
*51
62
*51
62
84%
84
85
81
'84
49
47%
48%
60
13%
14%
47
13%
49%
15%
46
13%
48%
14%
13%
39%
40%
36
39
35
36
36y4
14%
36%
•80%
82%
•80
83
*80
83
*80
17%
51
*18
18%
50
50y4
•48%
18%
18%
17%
53%
50%
17%
50
18%
53
51%
134
133
134
*133
133
'9%
10%
9%
99%
100%
98%
100
204%
206%
205%
207
68y4
123%
68%
123%
29 y4
29%
10
66
123
28%
25%
26%
107
.
9%
98
♦133
10
100
10
10%
9%
99
99%
96%
98%
205%
205 Va
64%
120
64%
♦119%
123
28%
29%
il9%
66
♦118
110
109
109
120
138
138
24
*136
25%
23%
24%
107
64
7%
*21%
22%
7%
115
29
108
45
8%
53
100
12%
108
12%
13%
30
115
25%
23
24%
24%
2iy*
22
23
24
7%
31
3oy«
45
46%
8%
8%
57
29%
111
28%
108
45%
45%
8%
8%
7%
111
X45
45%
m
*115
30%
•108
8%
8%
X52
52
*51%
54%
*52%
99
53
103%
102
103%
104%
103%
12
12%
*105
108
12%
13%
*12%
13%
33 Va
30%
115
115
12%
12%
118
12%
12%
12 ye
12%
*100
114
108
12%
12%
13
13%
31%
31%
115
115
Tuesday
Aug. 27
i per share
Aug. 26
Aug. 24
25
8
*8%
Xll7%
Nov
40
Nov
29%
108
$ per share
9 per share
32
♦104%
*18%
•34
32%
X30%
105%
•104%
19
y
35
17%
32
30%
105 y4
18%.
32%
34%
156%
154%
154%
14%
14%
14%
14%
*48%
49 y4
48
48
•155
17%
18
15%
129%
126
117
118%
113% 115
17%
179
40%
107
18
16%
♦179
179
41%
37%
107%
106%
.
;
$ per share
31
30%
30%
29%
*103%
104%
*103%
18%
18%
18
17%
.17%
32%
154%
33%
32%
154%
154%
,
128
14
14
10%
53
47
14%
123
16%
14%
125
113%
17%
180
114%
16%
17%
123*
*179
40%
107%
180
38
Par
9 per share
t per share
Amer Mach & Frty Co——No par
3.90% cum preferred
,—100
Amer Mach & Metais
--No par
29% Aug 30
45% Mar 21
21
—
1,900
46
:
17
123%
112%
17%
17%
*179
180
40%
106%
16%
•179
~
17%
V
American
Preferred
10
41%
39%
40%
73,500
106 %
106%
106%
920
20
26
47%
54
184
,/44%
166
44%
166
44%
*166
;
169
12,200
185
*166
40% ' 41%
38%
36
34%
37%
34%
♦49%
*153
64
187%
34%
32%
51
48
155
151%
64%
*61
191 %
93
93
94%
95 %
184%
167
*88
167
;
.
92
166
'
61 Va
*117%
'
21%
106
56%
169
63
22%
106
117%
29%
*106
-
58
53%
169
161
10%
10%
*78
61%
117%
97/a
94%
166
v
62
117%
21%
107
56 y8
91%
166%
61 %
39%
40
35
32%
X38%
33
33%
48%
48%
1,100
*150%
153%
62%
x62 %
187%
184%
91
91%
167
166%
—
149%
89%
-
93
61%
117
*115 %
20
121
106
106
52%
160
10%
9
54%
55%
164
162
9%
9%
80
•72
184 %
26,700
89%
Q9
h.
GO
♦166%
61
20%
21%
*105% 107
165 y4
1,000
89%
1-
167%
62
«'■ 117
63%
62%
*116%
117
56%
54
167%
12,500
:i. 4,900
77%
300
40%
42
*49%
51
49%
50%
49%
50
>
49%
114%
.
50%
114%
♦48%
*•114
59%
56
56
21 y4
]P%
2^%
15%
15%
t
7%
>
55%
•16y8
•'
16%
V
7%
7%
7
33%
footnotes
see
page
1223
33%
55%
19%
20 y8
1,900
.*.*r
;s5,100
\
$4
,•
preferred
700
Andes Copper Mining
1,400 V A P W Paper Co Inc
1,400
Archer-Daniels-Midland
:
157
65
100% May 17
174
July 9
65%
145%
43%
116ya
8%
09%
9 -
158% Jan
2
61
Aug 30
78
117
Aug 28
121
Jun
24
28% Jun
110 Ya Feb
9
par
20
Aug 28
104
Feb 27
-
29% Jan
9
Aug 28
73
Aug 28
.50
Jan
5
:
5
15% Jan
29
9CJ,
May
8
51% Feb
7
19y4Aug30
No par
6
60y2 Jan 14
62% May 28
xll4y2Mar21
x64y2 July 11
273/aMay27
45% Mar
4
f 40
Feb 28
112
Feb 28
21%-
43y4 Jan
10
20
5
15
*
Aug 30
7
Aug 29
26% Mar 22
-
24% Feb
10% Feb
40% Jun
8
5
3
v-
•
•
196%
4*90
Jan
Sep
—
—
12% Aug
4Vn Jan
23% Sep
Nov
Dec
•
121% Mar
;
26% Dec
112
Nov
7 31% Deo
J«n
?
Jan
r 140
;
Dec
11% Deo
83
29y« Jan |i;:; 49
$ 38% Jan
67%
;,r 24% Jan
45
109
July
113
38% July t'y;
49%
.
Deo
53% Nov
4 91% Oct
161% Dec
169% Dec
"
Mair
5% Mar
Deo
'
Jan
60% Jan
;;
Dec
60
151
Jan
Jap
Dec
31
Jan
100% Mar
5
182 V2 Jun
3
40y2 Aug 30
May 28
70% Jun
3
128
29
Aug
128% Jan
29% Jan
«
Dec
50% Nov
164
Aug
43% Deo
41
200y4 Jun
3
99% May 21
>
181
41% Apr
153
Feb
27% Jan
17% Jan
22% Jan
180% Aug 22
26
No par
31% Nov
44% Nov
68% Dec
67y4 Apr 18
12.50
Anderson, Clayton & Co
Anderson-Prichard Oil Corp
Jan
8
No par
—
Dec
47% Jan
25
Anaconda Wire & Cable—
30
Oct
38
8
1
810
99
Jan
.100
vM,600 !?' Anchor Hock Glass Corp
50
114%
30% Deo
58 V* Feb
6
158
Apr 10
26
No par
preferred
■
38"% July 11
No par
' Preferred —
Amer Zinc Lead & Smelt
$5 prior conv
2
Feb
Mar
15% Jan
75
Jan
17%
Apr 20
Aug 27
8
80% Feb
19% Dec
184
32
Aug
40% Jan
164% Jan
1
6
172
Apr 25
50 y& Feb
4
43
May 10
Aug 30
Jan
«
80%
95% Dec
Jan
18% Jan
-
50% Feb
14
No
Anaconda Copper Mining—
■
20%
•
1.
191
—100
26,900
[I
59%
■
1
Apr
5
73% Jan 29
Jan
100
-
176
52
:
14
25
$12,200 i? American Woolen
9%
42%
55
200
55%
X41%
114%
27,100
4
25
preferred
Am Water Wks & Elec
'
$6 1st preferred
80% Jan
54% Jan
11% Jan
Aug 29
33y2 Feb
6
July 26
Jan
13% Nov
104% Dec
Jan
20
48
147
par
100
Tobacco
Feb
•'
2%
Feb 16
Feb 14
160
37%
27%
28%
„
No por
5%
'
163%
39% Mar
'' 52% Aug 28
Jan
.
—
67% May 14
5
Aug 27
23y2July24
par
100
Common class B—
6% preferred
American Viscose Corp
300
9%
*72
77
American
i? '
5,800
163%
-
9%
35% Jan
Nov
"
19% Deo
39% Nov
142% May
24 y3 Jan
—
108y4 July 12
17
-100
Am Sumatra Tobacco
Amer Telep & Teleg Co
150
62
45
54%
3,600
117
44%
•114
'
No
Preferred—
700
"
20%
21%
*105% 107
165%
American Stove Co
23
186
—
130%
'42% Aug 21
43
American Sugar Refining——
2
3
95y4 Feb 26
—No par
American Stores—..——.No par
3
3
177
—
3
41
11% Mar
July 15
17"% July 1
60
Apr 10
22% Jun
6
133% Aug 13
123% Aug 8
16% Aug 28
Jun 10
27y4 Jan
__5
No
43% Jun
Mar
—
3
,163
24
179
——.—100
300
181%
187%
149%
*62%
63
89%
92
6,300
1,800
;
35%
-
Amer Smelting & Refg—.i.—No par
Preferred
600
48%
153
35
10% Jan
97% Jan
88% Jan;
American Snuff—.—25
6% non-cum preferred——100
Amer Steel Foundries—No par
10
'
par
18.50
4
_
American Seating Co
Amer Ship Buildihg Co
-
'
1,600
169
Safety Razor
Jan
25 y4 Jun
13% Aug 30
41
Jun 21
—-100
—
New
230
45
44%
44%
American
390
.55%.
No
_
Aug 30
140
Rolling Mill—.—..—10
4% & conv preferred—.———100
7,300
1,800
26
*46%
Co.
106>/4 Jun 24'
Feb 25
32
100
1
American
.
100
19%
17
Amer Power & Light com...No.pcr
$6 preferred—
—No par
$5 preferred-——......No par
Am Rad & Stand San'y
No par
41,300
180
News
Highest
v
104y3 July 16
JVo pof
6% preferred
American Molasses Co.—.
39,500
1,200
3,000
400
'Lowest
Amer Metals Co Ltd
2,700
100
123%
106
EXCHANGE
1,500
112
Range for Previous
Range Since January 1
5,900
33 Va
124%
-
Shares
19
114
.mmrr
NEW YORK STOCK
Nov
Year 1945
Lowest
Highest
$ per share
$ per share
30
xl23%
40
106
Sales for
the Week
104%
Xll3%
Oct
% 41% Dec
14%
16%
Deo
13
31%
115
154%
17%
16%
Nov
15
13%
X45
Dec
103
12%
154%
46
Dec
Dec
12 y4
108
14%
*45
16
32
33
Dec
58
109
•
154%
14
Dec
r
8%
Friday
Aug. 30
J per share
105
*45
17%
•128
*104
Thursday
Aug. 29
Dec
56%
46%
104%
Nov
109%
STOCKS
Wednesday
Aug. 26
t per share
Dec
119
LOW AND HIGH SALE PRICES
Monday
Saturday
Dec
6%
24%
7%
8%
116% 117
7%
116%
*107
110
23%
19% Nov
X23%
24
7%
23%
62%
7%
*20
21%
116%
,
29%
109
21
7%
7%
29%
119
66
24%
60
6%
10%
135% 137%
24
24%
135
*106% 108
65
8
108%
109%
138
X24
24%
*106% 108%
107
28%
29%
109
139
26%
107
65%
29%
29%
139
142
206
65
120
*133
135
205 %
205% 206%
68 V*
83
135
110
110% 110%
*139
For
Jan
Apr
.
38%
130
102% 102%
33%
34%
42%
45%
*105% 105%
41
42%
35 y2
35
35%
47%
105 Va
*53
47
Jan
Apr
13% Mar
22%
24%
*24
25%
Jan
9%
17%
46%
49%
52
*105
110
22
22%
180
181
53
112%
♦25%
60
25%
45%
17%
High
50
12% r 13%
45
Highest
6,000
;
'
*108
54%
:
...
Low
135
13%
102% 102%
4%
5
5%
A
108%
64
65%
4%
73
*107 ig
48%
51
$
Shares
135
13%
,•
72
Year 1945
Lowest
108 %
*118
135
Sales for
the Week
S per share
73%
108%
12%
13%;
46
47%,
17
17%
*52
60
30%
31
12%
13
45
46%.
*122
130
6%
6%
35%
36%
13%
47%
I per share
Friday
Aug. 30
»
Aug. 29
*1071J 108%
V
14%
49
Range for Previous
'
Thursday
t per share
t per share
70
SALE PRICES
Wednesday
Aug. 28
Aug. 27
Aug. 24
—
Jun
Nov
Deo
Dec
Dec
Nov
—
23% Nov
9% Nov
30y4 Oct
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
Monday
HIGH[ SALE PRICES
Wednesday
Tuesday
Aug. 24
Ang. 26
Aug. 27
I pershare
$ per share
STOCKS
LOW AND
Saturday
12%
13%
13
130%
130%
129
129
163
163
160
160
159
STOCK
EXCHANGE
53 %
55
55
CLOSED
♦26%
26%
25 Ya
26 y4
20
.25%
27y2
53 Yt
18 y4
25 Ya
26%
144
144
144
142%
141%
143
;
109 Ya
25% ':
25%
I8V4
18
26%- 27%
26 Ya
144
*140
138
*142
v
142%
53%
»106Ya
.
25%-
19:
144
;
120
7%
Armstrong
3,400
.
1
$3.75
100
,
136
4,100
18 5/>
26 Ya"
577/a
"."■♦57"%
59
1093/4
111
119 Ya
120 Ya
23
6 %
7 %
*40%
85
44
44 Ya
713/4
42
42
*40 Ya
*75
85
*75
42'A
85
106
273/4
29 %
28 Ya
'
34"
>18%
If
-
21
21
26
27 Ya
27 Ya
17 Ya
20 Ya
:
'-
27 Ya
17 Ya
203/4.
18
21
"V 27"
27 27%
•:- -•:
27
263/4
CO
XT-
8%
8Ya
53 Ya
54%
54%
26%
28
29 Ya
27%
29
Ya
20 Va
21%
29
30
34
21 Ya
*
26 Ya
-1,500
127%/
•
.
x29Ya
Dec
Jan
193/4
Dec
113
111
125
'A Aug; 30
83
37-" Jan
3
49
813/4 July 24
,
Jun
1"15%
Jan
106"'
Aug 28
333/4 Feb:26
66
119
253A
Jan
Apr
973/4 Jan
135
12
:
Jun
Automatic
Canteen
Oorp
of
Co
of Dpi
Amer—5
<T'he»
26
:
•
Nov
83%' Nov
10
42
14 %r Jan
80' > Jan
10%
27 Ya
Dec
Dec
Dec
27 Ya
Dec
20 Ya
Jan
Dec
29
Jan
~5Yt
Dec
NOV
94 Ya
Jan
l4Ya
•
Ya
130
Jan
•18% Jan
•
Deo
120
Apr
113
^32 3/4 Aug 14
14% Feb 15
Aug: 27
8% Aug 27
53% Aug: 28
«
$2.25 Conv pi'eferredl.a—.No pat
45
Sep
30% July
23Y4 July 23
37% Jan 29-
Avtatinb
2,900
Feb
110
40% Aug 13^
19 3a Aug 28
26% Aug 28
5c
Dec
33%
•
3
253/4 Jun
Co
83 y4
17
13
14% Man 13
Dec
Jan
,71%
9
par
:
Nov
13% Mar
v3
.' May 13:
34%
:
6
120
48 Va
.
130% Jun
July 29/
Aug
113 Ya
Jan
,
24Ya
20
May 24
110
Nov
523A-Dec
y
Jan
76 Ya
51% May 28
.
14
24% Feo:26
par
3A May
Nov
1393A
Jan
101
25
% May 23
94
.,l100
No
Jun
29
140
Jan
Mar
45*
'In / May 31'
Feb .26
21
Feb
25
100
No
,i.
Nichols,^..
Autocar
.
May 21
Alay 29
Aug 12'
58
Conv/prior pfd: ($1.20 )ij^.N&pat
\
i
153
*14®
2
Yeb 27
Aug 28
/Atias Taidic Corp-L-L^.>'i.».lw]yo par ^
3,500
40,100
54 Ya
Jan
10
100
preferred
.conv
Not
NOV
11%
9
14'
Apr
32YeJUn
b2
xlOO
i
108
106 3/4
28
30
20
tT-v
WJ_
No?
Nof"
59% Not
36 Ya May
M
Corp
Powder
4%
\
1,700
8 3,4
54
Lines,
Dec
141
2
116%
Par
non-cunx
1,500 > Austin
:.? :
27
Atlas
loo
17 Ya
W I DS
&
Atlas*
1,.
50
^ i
lOtf! }
Coast Line RR,____Z^o
65
May 3i
112% Feb 13
Jatr
48
.^,10
^
15
127%
Ill
Mar
42% July
25
b
131% Jan
100
1
26
^3^:>?att-j:;i 3t
No par
^San't'a Ye,
Jun
233A JUIy 23
1U0
3.60%'preferred series B
670
26%
•
55
29
21%-
5,600
21 Ya
OO r-^^co
9%
9%
56 Ya
Z
67 Y4
124
17 V*
'
<
130
28 y4
66%
*•123%
*32-
330
.
&
a
172
Sper share
1
Jan
18
„^_„100*
Co..*._r
.4
6%
102 Va Mar://
July 18
23 Va Mar
new,„^.,_T.:*:
Good3
preferred
Atlantic
Refining,4%
conv pre/ series A:^
9,400,
;
Z
Yt 106 Yt
27 Ya
-34
55%
8Ya
9 Vb
56 Ya
«4
106
G
5%
-
> 120
120
Atl
:--r l
43%.:
42Ya
-
28%67%
67
*32
26
-26%
'
28%
'
.37
26 Ya
27%
43%
120
106 Yt
Atlantic
1,000
•
...,
•
Dry
preferred
F Inc,,^
4,200
85
*75
'
Ya 124
17 Ya'
20%
1::>27:>
29 Ya
*28 Ya
43 Ya
*123
193/4
18%
173A
20' ><
40 Yt
,
■£l
A T
:7,500
1
51% Feb
Highest
Sper share
18% May 28
139
,
1073/a Aug 12
par
preferred!
5%
1,200
63
40 Yt
>
:
■
Jan
3
preferred,—,
Atch Tope!
0,500
,
/
22
■
120
67 Yi
*32
'
41
124
*123 Ya
123%
34"
123%
117
62 Yt
>
85
.
106 y4
..
28 3/4
66
70%
X69
>
f
Ya
121
106
37
18%
42
119
107%
•v
71%
124
*34
42 y4
43%
121
IO6Y2
293/4
Ys
29
65
121
I"
107 Ya
*123 Ya
63
;.-
•'21 Ya
65 Ya
69
42 y4
>
121
120
*106
64
213/4
*78
104 Yt
117
223/a
20
42%
43 Ya
*78
101
117
213/8
22%
64 Ya
69
69
11
1053/4
117
117Ya
115 Ya
22 Ya
•
1st
2d
Assoc Investment
300
57
*54 Ya
-
.
132
par /.
Corp>,
No
Associated
40
140
380
% 144
*137
•
103
103
-iooy4
118
118
137
-
;u 57vv.? 57 z
57%
57 Ya
.
108%"
102
-i
23 Ya
V*
57"%
"
No
Constpble
tper share
,
3
10
Corlc' Copar
Artloom
13,200
27%
*140
144
Arnold
Jan*;
122'A Jan
;
Year 1945
Lowest
Highest*
t per share
100
preferred
1,000
.26
'
135
preferred
Lowest
12Ya
-_fif
Illinois,^
prioii jpreferredL__.iNo pat
conv
'
'
•
$6
2,800
,
I' 53 Ya
53 Ya
109
X109
i
,
126 Ya
156
*150
^
155
'£k
Par
51,200 vZ Armour & Co Of
1
126 Ya
18
26%
...19 •/
20%
20
'
53 Yt-
14
-13%
1.
Range for Previous
Range Since January 1
EXCHANGE
Shares
9 per share
13Y8
123
*150
109 Ya"
♦109
109 Va
26%
28
159
513/a
54%
♦108
109%
♦108
13 %
128
129 Ya
i
HEW YORK STOCK
the Week
££■
Aug. 30
t per share
1 ■I
13%-
128 3A
Safes lot
Friaay*:>;
Aug. 29
1 per share
$ per share
14 v4
13%
Thursday*
Aug. 28
Dec
-
10 Ya
Dec
2
58Yrf Dec
63
Dec
'38Ya Jan 30
:
82Ya Feb
'
•.y.j-v'V:[•/•'■/\-f. 1; :•>•>
•i-
;«v>
>
I;...
31
tS''. 1'
; ';V"V?riv'l
27 Ya
27%
::'27% ;
11,400
'
fialdwiri Locomo'tlvc Worfe's-.—1-12F
.19%: 20%
:"
20%
21 Ya
20
2iys'
39,500
-
fialt\more & Ohlo^..j«w.-L«.-i-,4l0d
29%
29%
30
283A
293/4
20
20'A
28
20 Yt
22
82
55
56%
34
34
*30
33
55
*53%
55
.
•
•27-:- ;
v.
20 3A
80 3A
80 3/t
57
*82
35
■;
20%
20%
84%
£ 55%
>>
85
58 Ya
35
,
21
23Y8
83
57 Ya
.
1"
••
32
;
*22 %•:
:
'
"
22
81%
^ 5a
33
34*
-
1,500:
190-
573/4
33%
34
*533/a
:8,200
60%
Barker
2,200
Brothers
10
v'i""
*533/a
55
4/V-;
V-1;'1:
28Y4
26Ya
*54 Ya
57 %
-
27%
26 Ya
28%
26 Ya
:• 53< £
>
57. v.>;
r
:
27
25
283/s
26%
.
24 Ya
25%
X51 Ya
53%
,
54-%
,
>,271
;,2T,
56% Y;
55 Ya
59
116
114
106.
106-
105% 107
1
"20 Ya
1
■
■>'*•
/v->v
:
.
*20%
"'1
;
29
•
m
31 Ya
r
•
167
112
42
19
18%
39%
27.3/4
28%
28
102%
*165 3/4
65
66%
-»4'1%
25
40
28 Vb
28%
53%
.
3.700''
107%
17,500
166%
*165
104%
166 Vz
66%
*63
65%
27
51%
26%
26%
xSQ%r
26 ya
■
50%
50 Va
18v
.
113
,
110
•
'69
56
i
38%
38%
38
%
52%
39%
»:
34%
36%
50'
-
49
47%.
.45%
•t
173/4
*44%
106 Va
7%
37%
57
57
'6%
'
55
;'
■
48
*106
'6%.
'
:
56Ya
'
/
X37%
*•
%
6%>
-.147
-•
*106
—-——No
3,700.
Borden
£•
100
7
[
'
1,900
500 >
f
-_lo
-
42
Dec
Jan
136
Dec
Dec
29 Ya
Nov
j*"a-,
112
r
Aug-28
Jan
-Jan
58 > Jan
.
7
•
168
24%*
-V
24%
23%
23
23%
*82
95y8
24
*75
109
95%
23
*86
:
23%
23
>95%
V
23
*91
43 y4
31
31 y4
17
15%
17%:%
4?,%
30 ;1
'
38 *
40*
29%
16%
39%
52%
112%
112%
30%
30 %
108%'
32%
:v
20
20%
:
125
M25V-
'
32
18
*107*
.
48
' Jan
58 *
Jun
13 Ya
:18Ya Aug 21
66 Ya May 10
2
114 Ya. May 22
25 Ya Jun
25
112
17 %
44% Jan; 4
.
Feb
26
Aug 27
42%
%2Q0
503/a
1123A
Dec
Jan
78
Dec
95 ■> Feb
.
109
Dec
'■£, 52 Ya Apr
:
24Ya July
33 Ya
67 Ya
95%
96 •
>
31%
.124%
.
"18 3/8
18%
124% "•
16%%;
15%
95v
>■> 94%
15%
31%
31
34'
32
108 '
.
94
64
,
3% %
preferred'
Brooklyn Union' Gas.
4,400
:
;
V
400
-
:
Aug 28
72
Jan
Oct
55
Nov
103/4
5Y4. Apr
42 Y»
"
Jun
Jan
59% NOV
173/4 Mar
.May31
34 Ya Jan
91
21
15Ya July 23
38
Aug* 28
x29 Y4 Aug 29
35VaJan
32
;
'
18%.
107%
800
y4%
'
126
93
33
15Ya
W
31%
107%
107
(
31%
'
{
107
..
Shoe
Co
37% Dec
Forge
Buffalo
1,000 /
;
?■: '-i>1
Apr
Dec
'
38Ya"Apr 22
45%- May 28
110% Mar 18
38
21
>
22
Y2 Jun
Jun
25
36
T". ' '*'***
ian:.
pec
112
Nov
...
35% Nov
"""
123/4 Mar
120 -/an
Tm
40"
.
v
y Nov
203/4
128
Dec
Nov
13
Y99'
Jan
1 2334
Ya Apr 23
25 Ya May 31
130 '
Feb
2
Aug 27
2
Dec
193/a
52 Ya> Nov
35Y$ Dec
,106 .July
3
10
30% Jan
-100 1
pfd
3.
May ,1
26
Jan
80
1.37% Mar
42 Ya Jun
15YaAug28
95Ya Jun 21
.1 "
Col-—i._—1
Buff Nlag El Corp $3.60
400;
?
18
120
28
"Jan
115
28% July 30
•
Jan
103/4 Mar
701
7
35Y8 Feb
106
Jun
No par
47
16
53 Ya
3dY2 Aug 27
15
Inc: com__l
$3.60 preferred _L
—No par
3,000 > Bruns-Balke-Collender:
Bucyriw-Erle Co'——
-8"
8,300 .
—100
40/ ; / 7 % preferred———
Budd (The) Co common-L_No par
24,300 •
$5- preferred
: 1,000
1
No par
:
;
18% >18 Y4 i-
<
*124%
*107"
107%:;-
Brown
-
20
<
30%
•££i5%'>
"33"''
32%
*
*
108%
"
375/a
108
■>.
30%'
9
May 14
20% Feb
,
10
1 0 9 34 Jun
*
108
16
94.
33
.
*107
,*36%*
126
>124Y4:"15%
*
34
Dec
45 y4
Apr
36% Apr
.
Dec
40 Ya
'
Marifi
23
>,
No par
2.50
100
No par
Briggs,& Strattdn
*_
Bristol'Myere, Co'NeW—
•500
'
'
-
17
*107
Dec
Dec
34%
107Y4 Aug 12
'11% Jan 23
Jun:26:
Dec
112
Apr
49 Ya
;
t
69
34 Y2 Aug 28
•
'9'
Apr 30
Y4 July 9
48 Yt' May X3
57 3/4. Apr 22
613/4 Jun
5
58% Mar 13
Dec
25 Ya
Jan
Dec
38
*108 Ya Mar
Mar 26
73Ya Jan
5IY2 Aug 30
: 104% Jan? 7>
723/4
Jan
18%
Dec
Nov
10
10
3
35
Dec
98%
155
Jan
23
33 lA Jun
Z
283/4
Jan
'
Inc
—.2.80
Brewing Corp. of America
15
Bridgeport Brass Co
No par
Briggs Manufacturing
No par
9,500
10,000
30
503/a
*112%
37%
37%
'
*107% 108
X3CT
30%
30%
*18.
19%- *
89
'■
4
39 Ys
-■'29%
53%:
112%
30%'
16 Ya
383A
31
*52
*112 Va
108%::
,29
.
125,
*124%
.
*37%
108%
*
31
'15%
16%
K
16%
16%
40%'
11X29 J/4
30 ■
*50%
..
39%
.
*107
*107%
*
65
127^ .Jan
30Ya,Feb 1®
"
>
~
-t
-
113>,>;
31%
30%
>V 32%
'
30%-
16%
39%
38
54
*112%
32%
32%
*39%
..
54
55%
v-
15%
"
j
41%
39%
•
*112% '113'
"
Dec
10
38Ya Jan
Branlff Airways
4,900
95 Va
'
17%
•;
V
-
I
*91
*54
30
35% Dec
'
'
„
Nov
Jan
May 31
46
109Yj Jan
•
Dec
63
22% Aug
17
Aug
.Mar 22
83 Y4 Apr
2
I6Y4 Aug 28
f
Dec
109%
19% Jan
6
52% May 10:
.313/4 July 11
114Y4 July 31
50 Ya Aug 30
.
473/4
36%-May 14
*
1';
h
17
22Y*Jan 21,
25% May 16
.
Jan
May
Aug
103 Ya Sep
112 Ya Aug
3V
Z i
.33 Ya Jan
Corp-:
1
5
44 Y4
3%%". cum preferred—i
:100
106,
Boston & Maine RR (assented)-100
:
6
Bower* Roller Bearing Cbi-.—i--'—8;/ • 51.
'
523/4
(The)-——
Dec
Aug
24 Ya
Borg-Warner
Co
17 Ya
Apr
35
114
35
par
1
98/a
Jan 15
Jun 25
,
18
63% Feb 27
No ^jar,
1—No
—s
Bond Stores Inc common--
■
106%
523/4
B
8,700
;
5
:—5:'
A' BiaSS—:
Aluminum
Class
8,300 t
47 Ya '
*6'%'
54'
.1
Airplane Co_—
Bom Aint Co class
80
49
-
Bohn
50 i
v
30% Apr 23
"43
142
12 Ye
,93% Jan
pur
Boeing
Dec
12 Ya
149 Yj Jan*
•
.
2.50
preferred-
55 Ye
Jan
.
35% Jan 28
Apr 17
—No par
100
Co
Nov
28% May 13
1—.A,—If
<fconv preferred:
May 23
118% July 18
Dec
47
36
'"73
25
24Ys
110. M;,r
7
-
Feb
16 Ya .Jan
14% Aug
33 Ya .Jan
18
63% Jun 17:
37
par
oioomiiigdaie ifrotnbriB—i—NO
1,300 '
-
">
39
1
i
6%'
V
<
110
393/4 Feb
Aug 28
28
par
Bliss & Laughliri Inc new.,
150
8,700
Z 64
483/4'
106 % '
*52.%'.
.
"162
-49-
48%
53
*108 »/a
64%:
Jan
107:
42
-
Mfg Coi-i—-No par'
Co_.
(E W) Co—
$2.25
:
26% '
51%
-
110
64% :
37%
106%
r
:
54-
*108%
1
2^ ■"
31
.
Dec
19
Aug 28
22Ya Aug-28.1
—8'.
Blumenthal &
.
113
Bliss
2,000
46%
*111
27%
48%
-46
59
.*57%;
66,,
*106% 107%
> " 67%
106%
■
55%
110%
60
/
52
: ■
49%
ip££ 7%
54
110
S
/■
69
,51
♦106%
17Y4
56
113
>,26%
> 54
27
25%
56%
111
*110%
*67' ■
vi 110
49%.
18%
45%
*111
;V
2
May 16
May 23
24
'
27V4-
25%
"
52
18%
V/
45
Blaw-Knox
:
'
57% /
♦56%
*68
17
113
,
■
47
113
28%
27%
,
16%
-44:%
•111
18%
47
♦111
}.£
50
£
Black 8i Decker
'A-1,100
'
18%
18
*47
4
Bigeiow-Sanf Carp InC—No par
9,400
4,700
50ya
—
Dec
127
(Del)—a^-JVo par
—————lIOO.
7 %4 preferred-
v
2,300
23 Ya
23 Va
Dec
54
Feu 2i :
14% Jan 8;
39
Junr 10;
-.
—1100
£Nn
Loan
Bethlehem Steel
>
900
42
24
23%
26%
26
50%
'
Pee
52 Ya
9
Cum pfd $3.25 ser of 1946-No'par
109% Aug'29
Bkjfcri Co—---A--———1">,' • 3I Y4 Jan : 2
Best Foods—————L—l
22:
Feb.26
.
100
42
27
£.£ 51 %
28%
28 Ya
106%
■
*65
■
23%
52 Yr
26%
53%
3,600
41
%
23 y8
y8.
400
413/4
Jun
81
57.^
Jan
104,
—No par
Aviation-—-—-—p-
Beneficial' Indus
110%
40%
29%
105
*165%
65
64
'
43
23%
•
105%
4,700 ;'
30% *
30
*109
Bendlx
41%
41
28 3/a
166 ya.
8.200
•
)
-————10
4Va% preferred—i—f—s
42 Y4
23
Mar
66
17
52 y4
4
/. 51 % Aug? 30'/
114
Aug 28 V
20 Z
Aircraft Corp
Bell & Howell -Co
12Ya "Jan
May 24
% Jun
Dec
29Y4 Aug
:40Ya Jan.
-------1.—-:_50-
Bell
4
112
42
k:
2,300
*
*111%
109 Ya
11:
40%
166%
-
1,800
109%
30%
110%
40
108 Yt
t
4,000 t
24 Yt
30%
293/4
.
20 :
23%
24
Nov
64 % Aug 14 "*
41 Ya Jun 12
2lY8Jan
20% Jan
5
Colp—i—j——1
RR
Packing Co
Belding-Hemlnway
19%
43%
31%
-
Jun
44Ya
Jan
53
Corp^-J——1
Beech-Nut
23%
112
Co-
Alrcraft,
Beech- Creek
140
138
24%
.42%
*109s/a
>
413/4
27 y8
26%
*111"
Beech'
2,900
39%'
*130.
23 %
-
>111.
43%
166 Ya
43% i: 44'
/
1
v
19 Y4
23%
24%
105 Ya
'
67%
6 TVS
25%
53Ya
107
41
Oil
Irdn Works
Bayul6 Cigars Inc_—i,LA—No fht
2,000
JBeatrfcd Foods*: Col—25
460 >
3%% cum conv pfd
1100
Reck Shoe 4%9Y
100
preferred—-.100
28Ya
19 Va
32% Apr 20 "
———50
1,300
115%
*106
,
19%
.19 %
25%
*111
110
40%
.
■:
23%
24
30 Ya
29%
.
29V4
.
*166 Ya
.
Bath
*114
:
:
> 138
22 Ya
.
45
rO'110>v
42 Yt
£:'■££ y \: 109 Ya 110 Ysj
V- ■££££: ;
19%
*130
19%.
-19
23%
535/a
110 Ya"
40%:
107
*39%
40
138
20 Y4
23 %
45Y4
303/4
40
26 3/8
253/4
*110 Ya 112
112
HOYt
138
20 Ya
27 Yt
'45 Yt
Barnsdall
10,400
52Y4
'
245/a
*noy8
'
*130
40%
*130
21%
'
24
10,200
29%-
51%
115%
>106.
...
19%
20
40 Ya
41%
138
*26%
.
196/a
21%
*40
*130
55
*114
115
116
*106
1
27%
28%
'
113^' Jan
30
:
36% Apr 26
10
•
preferred—
26%
29
54% c
*54
55
54%;
-
1173/4
107 Ya
''''utk 'V£
4Y2%
51%
27%
'
»
*52...
•:
..
:
55
"
116
,*
*533/s
35%
16
28
88
,
Asphalt Corp
l
"
*53%
.
243/4 Aug
30 Va Jan
47 V* Jan
,,
•-
Barber
55
■
.
-
81
*80%
-59-
26% Au^ 2®•
:
19% Au^2®>
preferred--—28
Aug 28
Rangor
Aroostook^——
50 - - 20 " Aug! 30
Conv". 5% preferredwwi—-100
75
Jan'
3"
4%
8,700
: -
22%
37% Oct
18*£
:
.Jan
-Jan
39 Ya
Dec
30 Y4*
.45% Feb !2 1
% Mar 28
3
l04Ya Apr 25
Aug
42 Ya
Dec
108
'
38
38%
50' V
50%
22 y8
36
22%
*
•
46%
'
105
id*«
90
*88:
„
32
.
:
109V>>1
,
6%'
,6
%
..9%
-*91%
94%
90
32
103%
1(J3'
87*
mm
■'10
'r
109%"'
-'*31%'
6%:
5%
"24%
25 ya-
*23%
24%
109%
109%
110
31%
33%
:
31%
'*30%
6
31
85
"•"'"
'
♦109
Monday"
AUg,54
&-
I f erbhjre
•"•W
Cf*s
.
•••-?
>;
£?
,
"
86%' "
863A
•:'
.'
15,500
.- 5,100
.
6
'/a
24 3/8
25"".:' :
107": 109:
'
;
.
v
V
2,700 A
:
:
3,200
{
24%
:
£ 140
106%
30 Ya
-
'
120
6 Va
106%
*30
r
109
.
.
>31-
*30
v
30%
109' :
6
> 24 Va
.
,
87
30
-
t per share
f per share
i
.
400
4%%
—1
preferred'—I
Butte* Copper
&■ ZinCu—
Byer^Co (A MV—J
1*
Participating .preferredByron JacksoD OG-—:
100'1 107 '
S3/4
No par'
> 23%
^!100"
x 99V8
tper share
Sales for
NEW Y0RK
the Week
?
m
"
No par
-
•
98.
2,
Apr
,
9Y2 Jan
14W Jan
May 28
Lowest
1'
*- ■ •
$ per
■
>
Nov
273/4
110
•3Vlf, Jan
15
'
112% July Hi
40
Nov
Nov
81
59 Vi Mar
6
7Ya
: Jan
28
87
■
;
.
shar^-£.f per share
39
Dec
Oct
Dec
Dec
Feb
Nov
Range for Previous
■,
; Year
Lowest
Highest i
101 Ya
>Aug
22 Ya Mar
•
>'"
Dec
15 Ya
95
Ya' Aug
lOS3^- July
>
16
203/4
7% Mar
N
28'
Afay 15
35 Ya Feb
•
13 Ya: Jan
77
4 -
May31...
'39 % May
110
Aug-28 Y
:
-
Range Since January 1
•'r
EXCHANGE
111% Dec
105Sep
Aug 16 If
:21% Jun 13: :
15 Ya Jan 29 i:->
100
Jan-- 4
Jun 28'
#
STOCK
£
Shares
.
Mar 22" >
-
119Y4 May 2.7 v
10
Jan
11
Ya July 22
102%
7
Jan
26
111
■
Aug: 28
Aug: 1
Aug:28
Aug
irun
•59% May 29
:
Aug.?2® •
Jan : 2 •
29 Ya Feb -26 ':
STOCKS
Friday*:'rl.
$'[ Aug. 30 v (
$ per share
•
-y2/»•-« 22
,
,
,
54
36,
39%;
54
54%
fik"8%
>:
4% '
8%
16 y8
8
31%
.V
4
*.
.
313/a
16%
*54
" 17%
-
-
'
*30'
37
37%
*54%
;
c-
*120%
4-
37%.
54 vz
54 %r
16
15
127 Ya
>-36%
54%
:
f* *54'
*66%
67
♦16%-,
,
132
'
*56%
58%
132
-
"130%
52
*50 ' :
54
25
233A
25
54%
53% ,53Y4
V
15%
16%-
f
20
11,200
•
'
9,100
# pet Share
1945
Highest
$ per share
31
1,700
v
7,600
130
'
:r
:
130
54
•130'%
132
51 Ya
130%-
51
„
53%
.
(1
66%'
673/4
"
900
*163/8'
17 Y4
:
1,000
*56 Ya
-
>
.
Ya
23%
23%',
16 3/4
58
.
53%
Calumet
Hecla
&
.36
per
--50 £.*
54,
Aug 28
Jan! 7
47Y4 Apr
8"
£ 58
.Apr 10
>
>
.
"
Callahan- Zlnc-Leadl
1
Cons
3Ya Jan ' 7
-
' 8
Copper—'—5
50
.
Cannon
Mills
-.No
-
Capital Administration
$3 preferred A
130
Carolina: Clinch-&
Carpenter
,
233/4
53
—
500
8,00&
.
53
Ckmpbeir W & C Fdy__^_—-No par
Canada Dry Ginger Ale Inc—1.66%
!
$4.25 preferred'
—No par
CSnadS'- Southerri Ry Co100
Canadian'Pacific Ry—
1
^23 \
s
50%
23 Y4
.
41,400
i
-t 132
50Ya
23Ya"
*51%
*130'
<
iNo
OaUfornla' Packing—
5% preferred—
Aug;22
-
7% Feb
•■12% Jan
1«
27%
Jan
1 Yt
56
"Jan
'6% Apr
2®
43
82% Sep >
Dee
Apr
4
Dec
9%
Nov
32%
Nov
128 Ya
V
Dec
J
16%
v:
58'
52
23%
*51
163/4
,♦'56 Ya
58-
"
%'
'
15%
-
*52
17%.
58
*:
30%
3,500
:
{
4
8%
8
>*127
■
,
66 Ya
16%
—
i
..
16 V
54
.16%
17%
53
•:
r
127%-
I6Y4-
17
30%
16%
17%
24 Ya
.
17%
*17%
*53%
*52
v
> 8 Ya-
£■(■■
37
54%
•
4'
16Ya
66
58
15Y4
126
■■
"
66 Ya
133
•
54
*52
'
66%'
53
30:
15 Ya
*120Ya
"
127%.
'
68
*56
x8
8%
30*- •
29 3A
*66s/8
*132
>? 3;%"
4%
•;> 8
8%
54
*52
55%
17 3A
43/4'
30 3A'
15"
*i22y8- 130%
,
.
46 Ye
35 * Feb 26
38
Feb' 25
19Ya Aug. 28
5
:100?
: 100
1,600 A >13%%- conv 2nd preferred
10 ' V3 % % preferred' 1001015/a
Burroughs Adding Mach—No par
16 Y4
Bush
Terminal—
-x.-r: •':'
93/4
10
6% preferred
:—u-l
100 90Bush Term Bldg 7% preferred—100
370,
;,.75Y4
Butlef Bros comm6n_i-_—
^.10%
j- 26Y4
3,300
f
■
94
•
AN# .HIGH' SALE PRICES *
,
Tuesday
Wednesday
Thursday
Aug. 27
Aug. 28. "":Aug. 29
37%
39%
4%
Z
>
103
,
—I—-No par :
—
Co. Inc.—
Burlingtdn Mills Corp com "new_l-l :
1.4% preferred —
100-
/
V'»54%
*.,
•104%
-17%
*93
"
CLOSED
60
c
93/4 ;; 9%
'
94%
Bullartf Co
Bulqva Watch
.
i-;!
39 V?
EXCHANGE
•
10%
*
•
■
CvL
STOCK
.V
$ per share
v
A5 65
; r
/
%
5Y8
LOW
*
Aug. 26
Saturday
■
-
16 Ya
30 y4'
29%
*107%-' 109" '
30%
'*107%
■
26
25%
*109 .V 110%
103
5,800
3,700
43,800
;
21%
108
*101%
17%
94%
94%
87
29
-
.
.
1033/4
16Ya
,/
7 107%
103" *•
*101%
17
|
36%
46
203/4
,
"
V
,
108"
,
6%'
102 ya"
16%
35%
.44%.
21
*108*;. 109%
109%
*101%
1.
36%
:
46'
20Y4
*
*
-
,30%
108'
:
46
21%
100
s
10%.
V
-*87"
-
33.
.
168
1
*92
94%
*92
-'
?
.10%:, 11
.
102
35 Ys
19%
*108
e
*101% 103
•'' 17>.\ 17%'
'
1 "
18
"'-
109'
102
,
102%
1-73/4
36
44*
22%
;
105
-102Va
35%
48%
21%
*108' :
.
..
108
108'
38%
.
..
300
Carrier
Ohio
Steel' Co
Corp
Preferred
4%
■,
class
Ry
,
J»-—■
series
par
A—1
10
lOtl
L-5
10
III—50
•
20"
Mar
403/8 May 29 >
15
Aug 27
18
July 30
113% Feb
124';. Mar 6 { 147
Mav 29
47
.Jan
52'
Mav 24 ;
58 ! J»n
7
'•
103/4 Jan
: 16Y4 Aug 28 '. 22Ya Feb 16 .'
48 Ya Jan
62Y4 Feb 26
4 73% Apr 22
11
\ Jan
' leYjMar.l > 2IY4 May 29
:
52
Mar
55
Jun 26
59 Ya May 21
it 16 3/4 Jan
126YaJan 2
137 • May 23
; 32
Mar
• 45)4 Mar '• 5'
61Y2 Jun 17
21
Jan
23Vb Aug 28 34
Jan 30
53
July 30
60"
Feb
4
29% Aug 28
56
Dec
72
Nov
21
,
-v
Dec
20%
Dec
56
Oct
135
;
Nov
49
Dec
33% Nov
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW YORK STOCK RECORD
A;
Saturday
9
jper'shar&W
*
STOCK
,
66'
,
107%
107%
22%
16%
15%
We
10%
10%
113
113:
*113
101%
*100%
13%
*36
*17
:
58
■
18
21%.
12%
.-*34
17
21%
30
'
54%
23
53%
8%
8%
16%
11%
10
97/a
•
17
18
17%
17%
<
10%
11%
11%
11%
f
A*5%
6%
93/4
19%
21%
18%
53
48%
51
25%
21%
51%
46%
27 y4
26%
26%
25
26%" '
57 Va
*57
61%
.
563/4
17%
.
20%
110%
'
17
26%
26%
*56%
*61%
-
57'/a
27
45%
31%
33
*104
25%
66
51VV
52
48%
33
14
14
13%
14%
108
108
103 %
'*57%
65.
*102%
*57%
60
*62%
343/4
33%
34
33%
*66%, A67
*1100"'
47%
49%
*160
108
15%
20
v
22
; f
20%
20%
t"
21
-
$ per share
36': ' 36 r
pAJl%--"Ll%.p
21
21
29%"
29%*
p
35%
35%^
10%"
10%*
% v.
%'
:
id"
10-
.
,
"
•
:
%
110''
;
3*a
■
•
110
;
t
.
*104% -106 •
•40
> 40% '
.
'
:
32
*96:
98
.
•
'46%
48
,
A;
,
'
"47%
253/4 • 265/a
p,>-,'4%*fT*4%
128% >129
V
;
v343%
33'/b
",:*61 A 1
-
'32%
•
4% 4% •'
32" •
-32" r
r
•
44-
i
.
'
'
"
7
30%
'
.
7%
6%
'
*104 %
*104%
38%-
;
Jpj
j?!t
;
'106% >106% t f
22%
•
22% t,i
19% t
*19
53
,
•
i:
.
53%
,
:
.
31%
A*
24
40
^
'
28%
ft31%fA'
114% 114%
4434
45%
.18%
18 3/4
*106% 1C7
P *106%-107
43 A, 43%
*112% 113%
P:
44%
41
16%
18
VP
41%
113%-
43
*112
13
14%
.
.
.
,
••
.
V
,>•■
'
A; 40%
20% v'A
3,000
32%
17,800
A
58'/
400
32.
2,700,
42
.: : 800
42%
7.%
29%
, 7%
30
23% "23%
*r?oiU
54%
23
j
17%
p
■•18 P
;.67%207
16
-
;
10%
10%
5%
42
*107%
-
10%
53'*
$%•
42%
205
46
*53%
29"
.
56
footnotes see page
44%
*53%.
:.
2,000
3,300
1063/4
.,113%
A
30'/8
15,700
2,100
27% " 28
2,100
1133/4.1133/4
P
42 %
/
A
17%
Xl6
*
•
.
Vl6%p;
*54% ' 56
260
IOTP '
V. 16 •-./
*541/2
•: •100
8,400
•
,
A'V 5% V
167/a'
60
34
•'
17%
.
•
.
V. 'A
59%
34 V:
.
-
108%
108%
*
17%?
60% v
-A
165/a
5%,
321/4
f 29
•>
55
A"
-
r
■
40%
*i07y8
.
V '
Jan
58
20%
Jan
30
98
Jan
5
205
Jan
113% Jan
106
>
2
Feb
205
Dec
Jan
105
May
Jan
115
44
auV
'
93 Va
Jan
100
Jun
Jan
59
Nov
34 V*
Jan
413%
35%
Jan
53%
7
,140 * •: Apr
Vultee
R*t of
Cuba
6%
pfd.*
Pow
$4.50
pfd
No
K
48'
23^19
18%
Deo
50%
Jun
Jan
46%
Jun
Jan
46%
Jun
Mar
50 Va
Nov
-
Mar
50
Nov
11%
Dec
4%
Jan
90%
Jan
110% Nov
;
Jan
107%
NoV
41%
Oct
;
Deo
28
Deo
84
36
Apr 22
20
6
39
110
132*
i
Oct
•
FebV 1
Jan
53 Va
Sep
Dec
116%
Dec
15% Aug
H Jan
;
25Va
Dec
*
89
4%
r
NOV
Jan
1243/4
Dec
28% Jan
34 J/4
Nov
77% Apr 22
22
48
Nov
40% May 31
26% Mar
26
Aug 28
"
<
1
~
*
33% Jain
47
W
■
:
21
22
26
34'-y
108%'
.
34-A 5
*f08
•"66%".
204
A 29
,
40
41
1091/2
*107%
108
323%
> 32
3%
531/2-
•
29
,*••42.%- 43%
r,
•
•
♦25
»
44
53% :
*53
v
-
i
32%"
3,100
*10%/
Cornejl-Dubllier Efebtrlo-^Cotp
1
Corn-'Exeb; Bank Trust Co—i—20
Corning Glass Works common
6
3VS%
•
210
,
Nov
7%
Dec
34'A Nov
U% July
-
22
Jan
45%
Dec
35 J/4
Dec
45
Dec
8
17% Aug
108%
Apr
40%
Nov
8%
Jan
17%
Dec
109 J/a
Dec
10
933/4 July
37% Jan
106% July
V 63
5
8*
Jan118
Jan
56
50
46
8 3/4
29
Dec
59%
Jan
Oct
20
Dec
,43
!
29% July
16
Dec
17%
Jan
Jan
Sep
113
10% Apt
;
49% May 23
x23% May 29
30% Feb
1
::
Feb
26%
V 18% Feb
26
115
Jan
18
10
1.24
Deo
July 18
53% Jun
Nov
feu2.8% • Dec
Jan
19
Feb
553/4
Nov
23% Feb
10
12%
Jan
19%
Dec
Apr 24
49%
Jan
53%
Jun
47 Va
:
14
60
Cotv
108
*25
44 %v
-
•
A
*
32%y
29
•
443/4
53
a
.
43%
53
1,400
200
3;100
300
-
Oorpii——-—
Co tommon;——...
3%%''
"
32%
Tn tern at
$2
preferred*——
preferred
199
t-—
V
_No
V
(
•' Jan
8 (
24:
38
100
107
31
Feb
26-
V4 Apr 25
Mar
•'
4 •*
„■
16% Aug
27%. Jan 18'
67% Jan
5 >
July 25 >
47/a July 16 •
25
pan"
May
10
-1
Cream of Wheat Cprp' (The)——
2
Crosley ©dtp (The)—
__No par
Crown Cork & Seal*.—
*-N.o pan"
.
58 V!
yjj.i-10O':
Coty. Inci—
Crane
'16% Aug 30 '
'-57% Jim
7 «
"33% Feb 20 «•'
105% Feb
21
52 Va Mar T-
,
'
*>-26% Dec
i 64% Oct
39% May 29
109% Aug 14
70% Aug 12
,30
210% Mar 30
182%
Jan
199
6
Jan
13
14% Anr
10
7% Jan
29
49% J'JU
17
110% Aug
8
35% Jan, 14
Jun
101 % Aug
58%
Jan,
J
38 '/a
Oct
108
Dec
71
Oct
Dec
Dec
'
3% Jan
IVn
Dec
253/4
Jan
43%
Dec
99 Va
Aug
108%
Dec
24
Jan
34%
Dec
20% Mar
41
Jun
37
Jan "
59 Va
Dec
49 Va
NOV.
53
Doc
'
23
July 23
42% July 24'
: 51
Feb
27 *
'
109 % May
31 %
113% Mar 29
15% Aug 28
Refining—!-—25
Preferred "-8
3,100
12,100
' '•
*
preferred'!—!-*!-——100V
Products
Corn
4.300
5%V
39% V 40%
*1071/4
25-
53%
150
V
204 ;..,•>.
10
? 5% V
:
730
2,000
108 %'
V 66
.,10% r.10%5%
53/4
2,700
"
601/2
34'-:
-
Oct
.17% Jan
17
109% Jan
»
; Aug 30
Jan
Jan
54% Apr
4
Feb 25
52
50', ;
50
Jan
Jan
106. V Sep
32* Aug 26
1153/4 Mar 15
Aug 30 1
2
39%
33/4 Mar
24%
V 23% Apr 20
'
60 1 May 27
Aug 28
35% Feb
jan
25% July 12
18
Aug 28
21% Aug 30
525/a Mar 12
.
6
109% Jan 28
July 23*
Jun
Feb
•
29%
55% May 13
10% Feb
6
36:
*18"
14#
Copperweld Steel CO!
Conv pref 5%
series——
Dec
36% Jun 17
Feb
-
:
CcGper-BesBpmer Cofp—-——No par
$3 prior preferred—a
*.No par '
.—u
Dec
Deo
50 3%
31
32«/4 May 13
53/4 Jan 31
;
106
Aug 23
59% Jun
19*
49
Oct
-
123 V July 15
287
6
Oil
Steel
25%
36% May 21*
1061/4 Apr 10
49% Aug
9
.-52% July 23
13 Va Aug 28
\
Continental
Noy
31
*
111% July 25
Jun 10
"107
26
1
Continental
50
4'
3a
_
l '212
2,000
180
* Jan
110% Jan
2,900
3,800
24
:V
Feb
Jan-
Jan
28%
28
14
3**
V 39% Mar 13 >
8,100
28
14
Jan
r 102
5
Corp!— _xu
Jan
Jan
37
Jan
12% Feb
par
of:Del_
39
47
112
10
Oct
'72 V
Wr^-y'NoV
14
27 %
Continental" Motor3-_ii,
183
Deo
'
29
22% Aug 28
20
Continental Insurance—i
18
Jan
42% Jan
*
par
TnC-i.——d_.._20!
Can
29
Jan
Jan
V 29
—
Continental
34%
16
41<
Aug 29?
16% Feb 26
,
A
'
-TOO'
of America
23% Jan
47'
21
Consol Retail Stores Inc_>—
Consumers
31%
101%
24% Feb
20% Aug 14'105% Jun
5
Corp-'—-1.33% V
Consol Laundries Corp
8
Consolidated Natural* Gas—^
15
Consol
July 11
60 3/4
.
1
9 per share
May
59%
; Aug 20
63% Jun
5
38% Feb 261
6% Jan
4
xkZNo par
Aircraft!
130
31 "
Grocers
Consolidated
Highest
I per share
11
423/4 JanL 2*
i_5
e
Feb
38
31
^No par"
Coh^olidated
Oct
Deo
Year 1945
5
——Y0 par
$5 preferred.-
Sep
155
Lowest
110
.
2
\
Conde Mast Pub InCJ-Lt—_1£-Nb par
Congoleum-Nhlrn Inb«^
No par '
3,600
J'
26
_
N Y.
Apr
53 %
69% May 20
Apr 26
24% Feb
95 i -July
46
Aug
45% Aug
112 V Feb
25*
Continental Diamond* Fibres
35,200
23
102% Jan 23
! 36% Mar 151
'
10'
Edison" 00—.^.
of
Nov
4
9 per share
19% Mar 15
Commonwealth Si Southern__Nb par 4
2% Jan-,: 2
1" $8 preferred series-^.———No par" xl22 Vi Jun 19 •'
Coppermines Corp.,
683A
110%
9
May 31
200
July 24
Jan
109::
Elec_10
2.,000
*
:
9% Jan
t__*VNo par
Consolidated Cigar—*
Oct
Jan
36% May 21>
165
32% Aug 28'L
108/
Credltt——_l__^
Commonwealth
Dec
72%
Nov
106%
Highest
1/128 Aug 23
10a
A.L—^
Ohio
Nov
Jan
18
July
20 y8 Aug 19-'
i
Southern
25
Jan
109%
5"
Apr
62
Jun
89
May 20
108% Mar
3 '
9%
10
19
Dec
105*
49
8
77
Aug
;
170
27';
108
'
Feb
33 »/4
2.58'
1» ^
$3.75 preferred
17 >.P
•*.
V. ; 6oy2 ?
66 V- 67 .y.;
203 : 205
*
A
101/4
,
38%
.
45
&
Dec
May 10-
38'A May 11"
71% Jan 18
%
-14% Aug 28
18 Va Aug 30
;V
23% Aiig 27 H
20% Aug 28 V
—100 L
Commercial Solvents^—t-.iiNo par
;
"
165/a r:
:"56
42%
•
108% Mar
2
42% Feb
*
Continental Baking. ©0——No par
$5.50 preferred —
—No par
5.
9
22
25
45% Jan
^No par
w w!
140 Ya
9-
'jV 605/a Jun
104 Zi
100
8,700
42 %
July
y4 Apr
Aug 30
July 23
62
100
173/4
1131/2
V
pfd
cum
Dec
Nov
'
2.50 /
Container Corp
41%.
Jan
Dec
15
48
*
44J% May 23
44% Feb
108
100
5,400
*1107/a
•
■
A
91%
*23
Jan
Jan
1
Aug 28
47
par
43
:
*1063A
41% V 421/4 •*
16 3/4
205 -i.
l6
105/8A
534.
42
Va
♦10778 109%
32%' 33
31
46
t.
A""
33
*29
40
•
109%
33
For
:
si
6,300
23%'
•
vp
A
38 •%
58
-
6>
152% Jan
Jan
4%
293%
30
Feb
32
''
Deo
27% Aug 26 '
114
26
99 Va Jan
Dec
27
16
81
Jan
Oct
64
Jan
8
May
141
:
Aug 30
Jun
Jan
53
59%
Jan
15%
20% July il¬
ls
10
577/8 Jan
$3.60* preferred
1,600
AVl2%VT2%;A-
•
6534- 67
!• '
.
*
108%
671/s205
V
Jan
54
'
163/4i
*33%
109/ ft
20$"
61% Aug;
1
56V4 Feb
CoV—i._!„No par
Pictures; com_i_^V_No par
Consol 'Edison
106i/4
'V 130* A
17%
*112
56 r
591/4:
■•;•
35
66% v
.
«
56
49
A
28 y8
Columbia; Carbon
Consol
.
15%
V
; :
A 60
*108%
68%
"
225/e
A •A,A
>
13.500
,
>173/4P
v; 59%
V":33%
109
106
Iitl'1
34,200
.
••
54%-:'
p 171/4,,;,
13%
35%
207
••
-
.
23%-A
;>*55% V 56
60
60
,>35%*108%
43'/a
-
•
54%'
r
•55%- 56-
14%;
19%'v 30
t
54%
a i7%v
-
V 12- •. 12.
•
541/2
543% ' /Vrj 54- •' 54'%
13%." 13%
13% % 13% P '-A 131/4'*-133/4 ?
39
39%.-,
39Va' A, x39
p. 39 ' V 40% .
Xl9
18 * - 193/4p'
Ald.'/sv:.. l-p 19% A 19%
23- V
22%" 22%^ A
21.% . 22%'•
23 %H
53V4.> $43/4V 53%-,54
*53%
541/2
•
"
•
v
.'
A
.
15 '
43%
43%
*20
1.2%A:' 12%
:P54%; -54%
43
106%
;
■
13%.
56
:
•
12%. 12% P
54%- 55%.-
13
55%
5*
106
par*
preferred
preferred series
5%' preferred
Columbus
•
28 %:
114%
17%
113%
•
Mar 21
9 per share '
20
Lj!
1
Commercial
13,500
173,000
313/4
.
,.
42
43%
*17%
*1063/4;107 A,
43%' '
413/4
*112
Dec
-109%'Jun
par
i___
3,400
24"%
»
1st
6 to
V 400
'
-
:.
$4.25
^840
58
30%
114
114%
17
•
f
37%
2
-—No par''
-No par ?
Columbia Gas & Elec-
4,000
•, 43%
126% 127 A
23%
30%
28%
,,
29
II31/2
42
Jan
Range for Previous
2nd preferred
V/'Rightis '
Columhia
;
23
Class B. 1.
463%
32
*
-
non-cum
non-cum
2,800
5,100
117 'A
•■•4%
106%'
106%
-
;
19%
Lowest
preferred!
conv
471
46%
73^
30%
%.
106 %
21%": 21'%
AP 29%
32
114%
113%
6%
22%' 23
29- > 30%
6
Range Stnee January 1
Columbia Br'd Sys Inc cl A_
2,100
v
383/4
46
'
cum
4%
1041/2
115''
•:
,
,
293/4
29%
'
106 y2-106%:,
'
373/4 Jan
105" Jan
50
_No
K%
2,400
-
30%'V31%"
A A'. 95
95
V
126
;
■
•
-
:V38%
:
*
•-
.•
.
3!
104 %
105% A
39
'
5%
20'/a
36
21%
'
215/a
22 PA
.;,2i:%
22%
18% '•: 19 YtiZ LW,'.lS%v 19 .i>!:~!,,18%--19^ . ' liP 18 '/a -18 y2
-,-.18.1/4
1918%;y;19fc
52 %? 523/4
50 3/4
52% • 52%•''
51
52%"- :
50%
51 ;AA-,51,pv:;52r;P
24% • 24% : P; 22%V24%!22%p24%fA'31%'A 31% A'v
30% A- ."31
31
v
Deo
Mar 13
YORK STOCK
A!.
Class
3,500
.
21%- 22%'
2l%^22%»;>;
•
66
26
50 ^
No
20
109 5/a: 109%
■
7.
30
Jan
19 Va Feb
Par
.*
77,200
1093/4
109%
116 -117%
116-117%;
241/a
24%
24%
24%"'
6%
29%"
54
Jun
No par
Colorado. & ? Southern!
540,100
,
7
16
54 Va
L_———100
$3.50 preferred
%
•■"•
•
29%- 30%''
29% n 30%'106 J/2 106 %■•
-106% 106%?"
76% Feb
•
187
Collins: & AlkmaH——No par V
Colo Fuel &* Iron-COrp
NO Par V
VPio%-;4i%
.
4%:v4%;
4% ■ - 4% A
/
"
v 126%
32%
325/8
333/8
33% >
*5ff:
60
A*56%- 63,,,
*56%. 63.,:
31%
31- v 3lVa>
313/4
1
31%a 31%
AS-: 42%
;44r.
*42%'. ■ 44 '■ •
42J/a.,::.44>' ?'
:
Jun
Aug 28
Aug 28 :
102% Apr
fl *'
par
1
Inc
Colgate-Palriiolive-PfeeK
34%y -35%r
V
'■■'■Yh'y-
'
38%
117
•
30 3/4
Nov
EXCHANGE
450
-
•
,•
Dec
74
49%
13 %
parf
l'
No
i,3oo
23%
35%:
29% ' 30% ■ ^>31%/? 31:%
vr- 31%-? 31%"A
98"
96%
97% " ; *95
9846%
47 '
47
46% f 47^
46%' 47"'
45%v46%
.46%!;47&
4 •
* - 4%"
126% 127 T
«'»
32%f
32%r
45%?'
45%?
v
,
104%
;
,
32%' 33%
58' ■
.58'>60
60
•:
109,%
109.%
23%
;
33
Oct
29
Aug 28
45Va Aug 28
28 % Jan
4
'
par
(The)::
Oct
Jan
100'
Shares
f
;
.'15'/a
20%
.
NEW
Bales for
the Week
55%
143/4
24%
STOCKS
,
108'
51-3%
V
29"
66%
112 V July
10 '
No
34 -U Jun
25 y4
Aug 30 '
26% Aug 23
:
par
—No
Jan
8
38 % Jan
103 %
•
—No par
Cluett Peabody & Co
—
Jun
V 11% July
28
6% Apr
i»V:
Coca-Colh International Corp No
*22
.
34
'
109%
117
27
41% Mar 15 :
(w d)—8.60
2V
_ioo
Molybdenum
Preferred
12 Va
Jan
24
15% July 10
50
•
———100 V
2,300
vV,18%Vl9"/-
,.
•/
51'.
.
,.
128 V+r
128% A
83%
33%
,,
64 •■■';;
323/4 ^
48
•40
>
127"
!
-
*
28
Mar 13
Bronze Co
Industries
5%
14% July 11
17y4'Jan 2ft
335/a Feb 16
28'
19
preferred—"
Clinton
Jun
Dec
25
25
$4.50 pfd
2,400
663/4
*18."-
33%, .34 >
34 »
103/4
10%. 11%
Va
'
28
27
100
Climax
.
*107%
A'L
20*
20>
10%*\.
38-
25s%
25% '
• 4
A-v'4'
,
*18
35*
104%
5%
;•
;V"
169*
54 Va
34 %..... :.^.33%v.35%>
^33 %
35%
109%
''
Ilium
12%
28
22~
Jan
Jan
82% Jan 2843% Jan 17
par
Clev & Pitts RR Co 1%'i gtdi
Bpeclal gtd 4% stock
i
49
651/2 :
1
.
"A
31%'f
31%.- ''
,98
98
'
El
6ya Mar
26% Jan
2
i
6,000
165
f
*1100
10%
.
39%'
39%:
24%-
/
,
65%
.
.
20 »
.32%
•
»
••
117%-
168
.
33%
"
v
*9f *9f'
46%
*46% 46%
•40%* 48 ::
*46%*
:
*117"
*117'
118
-483/4
;r
117
38%
38%
30%
■30%
'
65%
,
"XUfiO
:
'*18?
•
104 % 104 %
104%Pl0414
>,
>
33 % j •
-
3V
»V
10§% • 110
109%
-.
,
:
,
V
170 C
..
36%»36%, A
35
33
•
,
170
.
.
'
35%
20
v
9 per share
.
•«
«
*18'
*■18*
r-<
36%A, 36%;
—
A
12
17
LoulS Ry» Co.-
preferred
Olev Graph
600
;
V
V- ApApVV./p
Friday
Aug. 30
Thnridif
Aug. 29-
66%
-
55>
Clev
220
>
33
48%
♦160
.
56%
: 55%
55%
*107% 108%
.108
-108:.
108:
50
51%
:.51'% - 51% "
.51% •51%
;
* 14%*- 15% '..
14%:. 1578'*
14%. .15%
.19%. .19%
: 19%
19%.- •La .19% .19% 1
*22 •
23 %♦
.*22
'-.23 V»
w.;?22: ,P,23%
20%
21
:
*20% a 21
*20%" 21
.
,23 %•
23'^
23" Va
23%
22
*19
,
*1100
•
;
29
32
'
/•
169 f
65%
'
,
'51%' 543/4
"51%- 54% ■
14%
15%
;V:;i4% i-rl5M»v
-P 193/4- 26 ; A
!>i9%! 20 > ,
24%
•
.
.
.
16%
.•
20
,,24%
169
•56 <
-56;56%:;
56%
107% 107%'•
107%
,
'
54%"
54%''
.
,
108
•
"
170%
5%
& St.
Oct
Jun
25 y4 Jan
Equipment—tuC.
58%
26
67% Jan
No
Dec
Nov
15 %
6
Corp—^
55
112
14%
Mar
Ice & Fuel
Oct
Jan
Oct
47% Mar
17
Aug 22
com
33
28%
66% Jun
59
Preferred
Clark
60
28%
,
48% "49'
*160
165
165
S per share
•66%* 66%:
66%
66%
*1100
1100
>!..
"
59%
58
7,500
v
103%
*57%
~
34
170
40
21 y4 Mar
Dec
Dec
108%
.18% Jan 23
17
:
Nov
16%
31
paf
___No
40
Mar
50%
17
par *
10
—
Gas: & Elec
Jan
Jan
par
—
O. C.
67
*102%
60
29
50
Coj
Jun
i
L_No
—No
Feb
20 V4
y
div_—No
cum
Nov
115%
46 Va
City Investing Co_i——
,_i.5 a,
/"• 5%% preferred-^—-w—.100'
.City Stores
—5-!v •
viLv 700
108
'
f171 P171
•
v
54%
*107 '/a
103%
28%
9 per share
I per share
54 %
108
29%
165
.
133/s
Jan
V Apr 9
25% May 20
-
Wednesday
Aug. 28
-
'
26.
;
Tuesday
Tufesday\
Aug. 2? :;
27
..
'
25%
:
i
112 Va
LOW AND HIGH BALK PRICES
Monday
108
*112%
*102%
($2.50)
•
187/a
Aug
Aug
Aug
Aug
Aug
Aug
Aug
Nov
48% Aug 28
2iy2'Aug 28 i;
par
Cincinnati Milling Machine Co
1,900
1123/4
..
preferred;
conv
Pr pf
Cinn
C:
x65
Tool-1.—No
city
'
108
*106%
6
'
w
C I T Financial
'
*104
V
10%'
100
1,400
108
*-:
preferred
7,000
*104
63%,,
A—25
3,400
.
108
108
cl
Co
Copper Co^
Chrysler Corp—>
188
28 Va
49%
Aug. 26
*106%
26
112%
A
Chile
•L'
*175
63%
9%
>16%
LL.No par
preferred it 1 VV-,Vm',,.,,10tfv
JChilds
22,800
56
112%
Ry
Chicago Yellow Cab.
iChickasha Cotton -Oil—
32,600
i;>
33%
30%
*160
t
v
v
30
47%
33
34
'
*160" 165
Saturday
Aug. 24
293/a
48%
29%
355/a
v
*
,
188
108
60 1
*57%
305/a
30'/4
35
-
60
*57%'
106%
26%
26%
•111
112
*104
.*102,. 103%-
*102%' 103%.,
103
56
108"
:50 >'
_50 V
•*
$3
200
70
*175
112 %
Louis
V
y 5%
7,200
.
.
'
66%
108'
108
25%
&
16
10 Va
Dec
; 33
54'
8y8 Aug 27
"
30
57%
Ind
Chicago Pneumat
.1,100
.
188;
112 W 112%
-
-_1
Series
I
70
■,
lOVa V
29%
26
X56%
108
'
:
427
*175
>
(The)
Chicago & Northwest'n
800
20'.
v
-
32%
106
25
60 r
.40 A-
1
;
54% Jan
-*
par
Dec
ll3/4
16
68% May 24
114.
"
473/4
V
14%
106
27-'",
*ld4
108
v;;i3%
188;
67%
*107%
:
*175
.
111%
V .67. v
15 Ye
107 V,
"58%
1
108
111%
14
107
,
:
V.rv'
63
17%
10
42
27
113
49%
343/4
AJ
No
43
26
26
Sep
31 Va
25
;
16
May
25% July
.1,19% Aug 28
17 Ya Mar 12
-
Class *B—par
Milw St Pl/p-vtc—ii
No par
.
2,500
48
•
19
,
1Q~
26%
•ill
30
"
62%
188
26%
>29*
17%
44
105
113
51%
?
34'
•
273/4
62%
;*178'
26%
*111
V
50
v
14%
108 T
,14%
26%
113 *
1063/a
*56%
*61%
20
10
*40
32%
353/8
•107
103%
26%
17
19%
44
29%;
,
1
52
51%
*34%
111.
26%
*111
*
V;
33s/a
19 '
•40
26
63
17
10 Va
9%
;
44%
105
273/a
113
33%:
19"
-
10%
43
-
112%
♦111
20'
'
9%
ll3/4
44
*
1
19
20%
-
107/o
44
RR Co_x-
3'
Feb
25
rChlc
-7,400
25%
61%
17
.
,..5
preferred-..—____
Chic
13,900
57,
61%
57%
61%
17%
:
17%
5%
;
3,200
24%
493/4
*
45
1.2$A
Chicago Great West RR Co
.
400
'
STOCK
2,400
8,800
22%
17%
CLOSED
2,500
A
111
Chicago Corp
29,800
47%
*61% t 63
EXCHANGE
A
v
•<
42% Feb
Dec
21%
V
10% Apr
24
51 Vt Jan
28% Aug 28
"
20%
50
9%
East
Class
..
29,500
11%
25%
*57-•V
9 pershare
-
173/4
53
27%
r
2,200
.
10
25
f
•
16%
10%
53
*
.8%
:
,
11 Va
109 Va
Deo
25%
Jan
24
108% Feb
Jan
4V4
Aug 30'
w
66%
Jan
Aug 30;
par
^
Aug 28'
40 y2 Aug 28
par
Dec
14%
102% July 31
23% Jan 17
14% Jan
Jun
159
Apr
29
Dec
110
Jan
18%
13% Jan
116
Jan
4
Dec
„
473/( Jan
37 Va Jan
104"% May
20%
Jan
"16
■'
10
48%
15
July 10
'-29
.' 35.
par
No
No
,
V Chic
11
:
preferred
J 3,500
11%
21%
$4.50
'
10%
55%
Champion Pap & Fib Co
50
8%
11%
21%
No
/Checker Cab Mfgi-_
Chesapeake Corp of. Va.
:
Chesapeake & Ohio RyV_
io%
54
Belt Co
Jan
Jan
Jan
173/4 Apr 22
26
12
—No par
Copper
No par
Produots^-—
1
300
12%
VP-6-P: ,"-6%.v>:
Chain
2,600
16
ft
Mills-
23
29\
101. - Jun
d<; Pasco
Certaln-teed
f
Sugar Co_T
Ribbon
3
2
Highest
t per share
127-
,
3
10V4 July 23
110% Jun 20
L
100°
i~
Jersey—i
12,200
16%
7
Violeta
ser.100
5Vt
35%
152
83% May 29'
109% Jan 14
"38VaJun
lO'/a Feb
100*;
preferred
;
;i6 y'v
*6%
4%%
;
16%
9%
Lt
Pi* Corp pfd 3.40%
0
lOlViJan
3,
22 V8 Aug
1
2
13
'
25"
1045
t per share
81% May 27'
f
Mar '8*
i.20p V 20%tJan
—
58%
8%
16%
10%
18%
Cerro
1,200
.22%
57%
;
17%
11%
111
Century
800
21
*22
.
22 ya Jan
Jun
> 55
Aug 30
60 V Feo 25'
-
i-lv
Corpi.iVo par i
Co
Hudson G & E
Central
300
par
'
583/4
8%'
L^lNo
tGent UR of New
«:
28,300
65
AgOirre Assoc_,-^VNo pur-"
Central
3,600
53%
lllVa
lliy2
23
57%
11%
'
21%
29
19%
24
60%
10%
A
.
..
'
21
59
*18
:
16%
42
20 Ye'
lll5/a
"200
100P
prfelerred
Cent N V
•
1,700
'A
16
i
160
wi
Corp—.
Central
100
;
40%
•
5%-
preierred_k
(/Central- Foundry
2,700
-
■A.
r
Jan
183 ". Jan
40Va,Mar 13
163 »/2 July 24
•
154'.
V Central
7,300
35
29
24
'12%'
"
•
OflV
par
105 Vo Apr
2d
Oelotex
V
800
-
pc 5,300
12%
35-
35%
42
19%
v
.
l
i03/8
Year
Lowest
S per share..
7®/a Aug 28
i25
$ per share
Corp 01 Artier_i_ii/Vn par\
$4.75 1st preferred.--——No pat •
V-' 15,100
A
12%
•
21%
24%
17%
V
Par
i5
7%>
v
101 %
40%
60%
9
Pp;
p
CeianeSe
i
190
114
*100
*16%
60
8%
;
Range for Prevloowt
Range Since January 1 * 1
Lowest
Highest
'
.
•I Caterpillar TractorJ
500
.'■>
10%
*1123/4
17
53
21%
10%
V:
101%
41
111 ®/8
22%
15'
113
12 Va
•Pp,
*21% '.21%
143/4
3,500
12,100
106"%
22 8/8
283/4
%
63%
159'/8
273/4 s 29
:
10% A
1123/4
.
.
213/4
24%'
.
29%
40%
114
*19%
10%
*100%
35%
17
>.
20%
-,
563/4
55%
V'
A
k
yteferred
10
A'
159
•
:
14%
12%
*333/4
-,
42
*111%
EXCHANGE
Carrier^ & General Corp^_„^
Case (J-IV Co
.
5,300
-
106%
1
22%
,
101
31%
V
IORK STOCK
NEW
:
3,300
;
-
62%
*21%;"/'21% —
114%
12
A
'r
,143/4
10% .:
101
31
21%
28%
«•'
113
37;'
"
42
•
159
'
22 Va
13%
114 t:.
22%
112
.
107
159
.
22%
14s/a
103/e
i.. 20.%
58%
*111%
:
10s/8
42
/
8%
65
::
65 %v
107
,
21% P
22%
32%
*32
21
"
.23%:
22%
V
pAV;-pp,
Shares
*165
67%
63%
13%
*17
18
42%
42%
8
170"-:
67
,
28%
27%
IS.%
•
$ per share
43 A A
42%
,
,
101%
*34
38
>
159
21%
-• '••:
the Week
8%'
8
*165
107%
159:
13
13%-
P
43»A
106%
:
:
*100
t per share'
p
165't: 170 ; .
66%
6"V%
61
64%,
1593/8'
21%
23%
•
16
Sales for
Aug. 30
'
',:•
28%-1 29%
:
21%
23
'
159%
,
41
■ :
-Priday
A'.. Aug.-22'A"
8%
-•
lOTYa
,
*106%
30%
*21%
4 4 3/4 V
share
A
Thursday-
^
/•;;
PVP-'r'f P
65% :'tv
69%
63
159%'
30%
7%
168 v; 168
:.
.
68'?
159%
$ per
STOCKS
>!
Aug. 88.';:';
^
8% P
.42%
.
171 '
- 71%:
-71%
•
PRICES
Wednesday
»,•'
.
shareA'-W
per
8
45%
*168 v
,
"PS 9
SALE
HIGH
Aug. 27
,
8%;
45%.
EXCHANGE
CLOSED
•
t per share
8%
AND
tA-i-j. Tuesdays
Monday
Aug. 26
>
LOW
'39%
Feb
1
62 *
Jan
14
54% Feb V 6
1223.'
.
•e.-a11
V
*
1216
'
'
'»<
^'
"
•
THE COMMERCIAL & FINANCIAL CHRONICLE
"
*
|
'::
Monday, September 2, 1946
NEW YORK STOCK RECORD
Aug. 26
i
Aug. 24
•
t
I per thare
Aug. 28
33%
33%
109 %
122
47%
CLOSED
47%
113%
113%
65
*165
,
*135
*134
140
32
33
24%
21
22%
22%
>
22%
•23
25
22
22
22%
35%
34
32%
34%
33
*23
•/'
*111%
■
51
•
26%
22
49
49%
48%
*41
Dana
44%
48%
'
■
33
33%
8,400
Dayton Power ft Light Co
4%% preferred—
26%
26 y8
n€/'r,T'-: Zv
23%
/Zia/v'
;
23%
J
Decca
Records
8,100
Deere
ft
31%
..
46%
•41
.39%
87/a
9%
25%
25%
25%
*71
;/73///'/
23%
30
31
29%
40
41%
40%
49
49
49%
49%
49%
24%
21%
21%
22
22%
223/4
23
23%
25%
23
24%
23%
243/8
233/a
24%
%
*106%
43
44%
f/'V
54%
36%
.
29
41%
i 40%
30%
.
109
41%
8%
35
30
Dixie Cup
41%
54%
35
35
1,100
Dr.
303/4
31%
;
:
31%
7,500
1,100
340
Class
20%
19%
19%
19%
20
5,300
93
92%
93
91%
92%
7,600"
176 %
181
*112%
1163/4
200
24
111
•107
*176
115
23%
233/a
24%
11,200
•106
41
42
4,700
129
129%
*116
116%
16
16%
130
♦116
116'A
15
.
15
Wednesday
9 per
I per thare
V;*? /
Aug. 27
-
Friday
^Thursday
V
,
Aug.28
Aug. JJ9
...
v I per shara ^
I per 1 hare
share
;
4 per thari
•
.
f,
...
Aug. 30
25%
24
'Eharee
I per thare
' >v
EXCHANGE
29%
31
28
CLOSED
57
V..
233%
*203
51%
*110
30%
54
228%
229
230
228
*207
209
*207.
55
32%
50
,
47%
,'/z
-
1103/4.
*47
49%
63%
:
63%
X20%
:ZZ/ zzz/zz>cz
5/%
"
'
213/4
-;ZvVZ
.
1
'
'
iz
55%
19%
26
26%
33%
:'■!
...
6%
Ekco
2,000
Us't-z
'
'/
68%
•
'
68%
19%
10
15
:
24%
253/4
31%
56
9%
72 '
105
143/a
65
66
X90%
14
14%
25
40
233/4
40%
51%
393/4
:r! 50
X9%
9%
9%
"
z
24%
11%
11%
10%
113/4
10%
11%
103/4
11%
',f *44
,T
44
44
35
35'
42
./
42
36%
:
63
Y
.
Y
*41
'
.
Erie
33
33%
X32%
24%
RR
14%
15
14%
15%
15
ft
30%
28%
31
30%
?;/
293/4
28%
30
61
4a
68%
4*107%
67
-
61
27%
GO
68%
66
67
60%
60%
60
'
24
26%
23%
.54%
3b %
33/4
35
*43"
18 3/4
1123/4
♦111
107%
1123/4
♦111
45
43%
44%
*41
19
18%
18%
107%
60
:!•
1123/4
45
>•
26%
17
183/a
88
37%
16%
18%
18
88
86
38
31%
17%
18%
25%
25%
16%
16%
173/4
18%
Xl7%
81
83
26%
26%
29
28
28%
page
1223.
82
32%
'
*26
,27%
33%
33
26%
*26
27%
27%
26
Jan
8
209
71
28
33
11
27
>
111% Deo
12
•
Deo
Oct
33%
Apr
Jun
113
Mar
Deo
30%
Deo
34%
20% Aug
Dec
192%
3
125%
Jan
129
Feb
6
113
Oct
117
Mar
Oct
Range for Previotn
Year 1945
Lowest
9 per thare
■
Highest S
9 per thare
H
Mar
"■
11
J'
;■
22
Federal
96
>"
34
15
par
par
>
/
90
28
28%
3300
60
105
61
35
60
23%
Y 33%
1123/4
♦111
.
42
1000
4%% preferred
First National Stores
3300
Firth
18%
25%
18
*25
163%
16%
18%
26
(The) Carpet Co
Co (The) com
Flintkote
12,100
$4
Florida
Steel
•"ollansbee
18
8800
17%
18%
5500
Food
Fair
81
17%
82
81
1600
Food
Machinery
33%
33%
34
Foster-Wheeler
2,800
•
*26
26%
27%
t
263/4
26%
263/4
110
1100
6%
Corp
Stores
prior
Inc
Corp
Corp
preferred
Francisco Sugar Co.——
Dec
71
24% Deo
2
18
7%
29%
180%
167
56%
30% Feb
2
102% May 28
111 >Jan 24
6
93
Jan
17
95
Jan
29
86
22% Jan
14
11% Jun
3
Aug 28
23
July 29
10% Aug 27
19
—No par
2
9
10
29
100
;
No par
No par
No par
—10
,
28%
Deo
Jan
88
May 21
36% Feb
5
19% Jan
9
42% Jan
8
Jan
6x% Not
9%
Deo
Not
42% Jan
65
25% Jan
12% Mar
36% Not
20%
Dec
26%
110%
Oct
4
54% Feb
7
42%
Dec
Feb 26
Aug 22
43% Jun
5
25% Jan
23% Jan
21% Jun
5
.9%
Jan
Dec
32% Nov
18
Dec
34% Aug 13
108
Feb
7
34% May 29
Jan
107%
Apr
21% July
34%
NOV
103
50
* Jan
63%
Dec
70%
Nov
12
70
Feb
7
83% Apr
6
109% Jan 17
Feb 25
70% May 29
42% Jan
60
July 23
?«% July 1
46% Jun
5
115
Jan 18
23% Jan
38% Dec
Aug 30
Jun
Aug 28
2
Feb
26
Jan
3
26
15%
58% Apr 26
Jan
16%
25
11%
16%
26
Dee
Mar
July 25
Jan
May
2
6
7?% Feb 26
31% Aug 27
-
Nov
20%
17
42
Nonpar
10
10
Deo
92
Jan
104
110% Jan
nar
7%
86
11% Jan
13
56% Jun 20
65%
106%
54%
22
33%
20% Jun
10
28% Aug 28
*jim% Apr 17
27% Aug 28
1
Deo
July
July
July
26% Jan
41% Jan
26
14
Deo
112% Feb
21% Mar 14
105
Jun 18
No par
16
Dec
Dec
4% not
12% Jan
68% Jan
15 1
Jan
106
108
109
5% Jan 30
63% Jan
29%
27%
81
37
111% Mar
33% Apr
48%Oct
107%
Jan
3
61
Mar
Sep
23% Jan
20 /
Mar
62
100%
—J
39
Aug 28
3 ;/;T 45% Mar 14
2.50
/
8% Jan 9
;
21% Aug
100%
13 % Aug 28
9
34% Mar
8
23% Jan 28
Deo
55% Not
Mar
>
Dec
146
9
15
110
Dec
158
43% Mar 29
4
x90% Aug 29
-9
19%
2
July 10
Jun 25
5
13% Aug 28
64% Aug 27
/
100
50
T 7%~Deo
Jan 24
May 28
May
f 61% Jun 25
Aug 28
Jan
Jan
75
par
25
No par
Dec
5
24
Florsheim Shoe class A new_No par
700
Dec
13
5
106% Jan
No
8tove Co
Power Corp
Dec
24
46% Jan
No-par
preferred
Florence
300
8500
39%
112
25
Vv M!
16% Jan 28
102V4 Apr
9
104% Apr 11
105
May 1
2% Jun 28
Fidel Phen Fire Ins N Y
1123/4
Feb
>\
41% Apr
Firestone Tire ft Rubber
200
Sri'
'/ 30% Aug 30
Corp
4900
60
42
Enamel
2300
23%
34%
Ferro
52% Aug 14
114
i--*-1
48% Jan
U
Dept Stores new com—*
conv
preferred
100
4%%
'
46
Corp—
Federal Motor Truck
Oct
109% Deo
2
80% Feb
:
Federated
11,100
65%
663/4
*107% 1073/4
24%
Federal-Mogul
800
3600
31
66%
35% Apr
par
ft Traction
Federal Mln & Smelt Co
200
•
Aug
1
Co
preferred
2
19
Aug 28
41
Aug 30
4% Aug 30
17/4 Jan
7
148% Jan 3
131
Jan
3
•
47% Aug 29
par
No
Corp
Light
Dec
Jun
104% Apr 24
Fajardo Sug Co M Pr Rico
20
229
200
Feb
57% July 29
Fairbanks Morse ft Oo_——Jfo par
z 1100
24
Aug 28
Apr
112
.
4
'
Dec
40% May 22
9
9% Aug 28
Farnsworth Televls'n ft Rad Corp.l
12,900
263
109% May 24
5
<
par
—No
common
Products
Evans
Feb
108% May 23
No par
Bldg
Office
:
34%
26 3/4
Deo
35% Not
Feb
4
9
com
Exchange Buffet Corp
'
*42
18%
*28%
see
*110
87
*26%
footnotes
61
333/4
18%
16%
100%
21%
No par
No par
1000
593/4
>
66%
23%
,
Z
105
1073/4
25%
26%
Oct
29% Not
'Mar
65
30% May 22
53% Aug 30
50
Service
93/4
44 Z
15
60%
66%
18%
"
27
22% Jan
May 21
—100
Ex-Cell-O
24%
34
>29%
*107%
243/4
37%
61
107%
29%
31% May 16
61
Jun 10
2
191
3
Eversharp Inc
2700
30%
105
60
;•
36%
26
•111
For
29
60%
*107%
V-
-
105
29%
107 %
61%
26'/a
V;
;
60%
70%
30
105%
—
Corp
2200
2100
*41
31%
*105
30% Jan
No par
Mfg' Co
Phonograph
4700
'
22
15%
29%
105
19% Feb 26
25% Jun 21
I
9
Williams Corp
Eureka
2600
40
(The).
"50% "
*106% 107
32%
16
105
Jan
Jan
$ per sharp
215
! Ul
Erie ft Pitts RR Co
100
3600
64
10%
Z44
32
105% 105%
per ehare
100
* Y
>
5% pref series A
1500
14%
ij
preferred
{Equitable
24,300
64
Z /'
22
223/4
*106% 107
153/4
OAT
18
155
J*-./;
v-
5
S
96 preferred
90
24- :
63%
31
~y
21
.V.-
1
com
•
363/4
14% Aug 27
ill3/ F 3 iilllilfil:H
*24%
23
95%
9500
92
.
25%
243/4
107
d
100
95 preferred
70
65
643/4
51%
65
*99
j1a%fab
Tni>
pal
—
Public
Engineers
150
.
14%
*90%
?V, 14
40
24%
*106%
11 <•
1
preferred
4%
7200
:
3%
13%
24%
"
93/a
23
July
1
9
Emerson Electric
60
t
30%
,
3%
*
903/8
14%
9%
)
110
3%
137/s
523/4
107
133
100
Johnson
105
30%
110
3%
61
22%
125% May 22
—II
Natural Gas
El Paso
Radio
*109%
...
243/4
♦106%
13
Jun
::jPar-.
No
No
96 preferred
——No
Electric Storage Battery
No
Indlcott
105%
70
24
58% May 28
227
Range Since January 1
Lowest
Highest
Light
Emerson
109%
24%
106%
45%
41% May 10
2
100
97 preferred
300
*104%
65
>•23
Jan
Apr 12
181% Feb 26
3
3,600
*108%
24%
,:Vr"106%
Aug 30
30
116
par
Boat.]
^,200
79%:/.:;;
105%
24%
.
6
108% Mar 25
20
—
preferred w i
Electric Power ft
-.1,400
HI
Y *70%
,
23
par
No
\ \
'
27%
,
109%
110
:>•/ .50 s
zZ'
79%
*108%
92%
39
29% Feb
Aug 28
Ms
Mar 19
37% Mav 31
Aug 21
Elec ft Mus Ind Am shares——•
1,800
*104%
'
65%
25
48
3
107
Co
18%
18
:
,
54
26%
: Z
31%
13%
26
48%
•52
106%
30%
•>
mi *47%
83
65%
//'<;
42
9%
187/a
*105
106
153
533/4
*77/4
79
4%
473/4
25%
25%
47%
53%
*91%
92%
53
V
•
67
40 v*
.•
/
,
^
43/4
18%
Z,
14%
423/4
56%
10/"
51%
133/a
14%
>; 64%
26 3/4
42%
^ S?
48%
33/a
13%
Deo
47
52
115
Inc
Auto-Lite
Conv
1,000
1093/4
14%
••
153
3%
33^
:/Z*91%
•.A •' v.',r!' V r!!%y'
152%
1093/4
15
*55%
•
152
109
15
/
105
3%
,
4%
152
30%
Deo
56
Not
167%
' ' ■•'
Stores Inc
''Y
Electric
600
1,000
105%
93
♦26
,:
50
Apr 24
62% Jun 10
26
Jai
110%. Jan
..—.——8
preferred
Electric
'
5,800
39,700
1083/4
*91%
'
Z
Mar
105
122% Jan
Products Co
'
4,200
20
41
•
20%
1083/4
/
3%
193/4
41
170%
*104%
;;/zZv z.; 143/4
1
32%
:.
Deo
109
0
7
preferred
16,900
61%
60%
19%
193A
105%
;
109% Feb
17
Elastic Stop Nut Co
2,500
168 3/4
108 3/4
•
10
41
43/4
20%
108 3/4
109
'14%
:
104
108%
33/8
•
30%
»
\
48
39
27
preferred
Bros
4%%
21
79
•
Jan
16% Jan
Jun
Did—
CP——.
Kodak
cum
4%%
110%
170
:■// 24%
/
19
40%
July 10
Jun
No
Airlines
Eastman
10
170
47/a
205/a
109
105
109
/
107
-:
85
106%
•v:
108
108%
j
25%
45% Not
Aug
33% Jan
Edison
10
61%
19%
*40
40%
18
19%
25%
29% Dee
33
118
1,700
110%
47% 347%:
93/e
60%
61
51%
.
21
80% July 24
Eaton Manufacturing Co.——.—4
*110
110%
9%
.
48
.//V
54%
25% Deo
4
192
40
152
•X
49
18%
.
>.
0
113% Mar 12
Eastern Stainless Steel Corp
1,900
166%
43/4
19%
May
50% Apr
143% Feb 20
1,500
166
-5 •//'•/>:
*78%
103%
-.V
:
51%
:
...
85
|
33
%Z'
48%
93/4
197/a
19
154%
49
59%
*39%
21%
152%
49
*80
•'••■•!,
/'
155%
*107
Z'
20%
.
167
19%
''
r
1.
"V'V 43/4
:>/
%
>41%-
165%
55%
vy•'
41%
9%
:
63%
20
20
,
171
*153%
//•''Z*:-:
*
,
42%
Z 5Z//
22%
171.
.
59%
.
21
42
103/a
10
10%
39 %
Nov
Aug 13
par
33
*110
49%
*110
Eastern
«j\
10%
24
15
Jan
54
32%
32%
*110
110%
*110
110%
*110
67 / Jan
Aug 28:
25
209
53%
553/4
X32%
33
110%
*110
/Feb 25
Aug 29
.
EaRie-Plcher
41,800
1,200
54%
227
543/4
29%
28%.
209
1103A
77
July 23
Y tz:z/Y
3,700
•53
54
33%
49
:
110%
29%
53%
,
53
207
33
1103/4
51%
'
,
226
56%
55
HO3/*
■
-•
207
*203
34%
Z
:
"• 51
:
23%
23%
23%
231%
226
207
59%
34%
■
57
53%
Z'Zz
235
>
58%
•110
57
29%
273/8
29%
/Apr 17
7% Mar
21
Jan
3
jau
49~%
Jan
E
23%
24
23%
25%
Sep/
EXCHANGE
j.Yf/y
24%
Deo
75
NEW YORK STOCK
Sales for
the Week
'
STOCK
Jun
25%
16
33
28
J
Mar 28
i'Vh/A.-/V£JQCKS
.
Aug. 26
Jun
16%
105/4 Mar 15
1
DWG Cigar Corp-—
1,600
1
Aug. 24
Deo
57%
16% Jan
.——100
1st
Deo
47% May
Feb
(E I) ft Co
S*
114
40%
35
No
Light
108% Sep
39% Mar
23
preferred
Huniipan*
Deo
34% Aug
34% Jan
39
International
94.50
300
Deo
28
3
50c
preferred-
DuP de Nemours
BALE PRICES
Tuesday
Monday
,
HIGH
AND
LOW
Saturday
conv
28
16% Jan
No par
common
Duplan Corp
400
197
•41%
'
33/4%
Dunhlll
200
23
194
41
201
129 %
i
27% Deo
42% July 26
50% Jan 29
•43% Jan
—No par
.No par
94 preferred series A
Industries
Oct
37% Deo
58% Jun
11
Aug 27
52
No
125
1
par
Dresser
110
23
23
*22
195
Dow Chemical Co
900
Sep
25% Apr
34% Apr 20
I
Douglas Aircraft.
118
75% May
2
No par
Wft
Oct
July 15
May 13
31% May 23
36% July 31
113
Jan
7
6
Nov
37% Jan
No par
Co
19
176
May 20
Oct
9
42 3A Jan z 5
29
new
Co common
90
*112
July 18
45
26
Jan
an
*
Pepper
20%
16
145
Oct
Oct
26% Aug 16
TIH)
91
*116
Feb
40
5*;' nroferrprt
19 %
*
:
30
Aug 28
30
89%
*129%
30%
50
Aug 26
34% Jan 14
20%
24V4
5% Aug
18% Jan
21 Vs JU11
94
209
75%
21% Aug 28
93
*44%
Jan
2
20%
*107
59 %
24%
154
45
•
12.50
Doehler-Jarvls Corp
Dome Mines Ltd.
25 %
29
2
54%
543/4
35
30
V 29
185 %
76% Apr
*
54
54
.
35%
*112%
Apr
110% Jun
>
L——.No par
preferred
partlc
Dec
122%
32 3/4 Aug 28
_5
Corp-Seagr's Ltd
Mar
5
8% Aug 28
Raynolds class A
56
Jan
9
24
Aug 28
X39
Co
28
Jan
26
Diamond T Motor Car Co
•
31%
82 % May 16
29
100
No?
V 146% Feb
34
-
102
8
Distil
2,300
48,200
41%
41%
9: V-
Sep
51% Nov
13
22% Aug 28
109
*106%
35%
53%
36%
32
*35%
,
55
36%
53% '55
-
*106 %
♦106% 109
109
40%
109
*106%
Z ' 44
>
Dec
De Vilbiss
800
493/a
23
*49%
99%
Aug 22:
Devoe ft
50
Mar 25
24% July
233/4 Aug 22
—1
Diamond Match
26%
106
73
1,100
25%
Jan
Jun
2,500
50
25%
2b
30
25%
11
20
42
25
Jun
23
50o
Edison
293/4
•
66
21% Atig 27
20
*40%
41%
"
& Hudson
2,300
30%
42
^
23%
Jan
Detroit Hillsdale ft 8 W RR CO—160
20
Dec
X150
145%
2
129% Jan
(The)—7
Ino
23%
:;//:-23; ,'/■
23
:
73
*70%
Deo
29
4
No. par
Detroit
Nov
42
2
Delaware Lack ft Western.
12,800
3,700
111
Mar
12% Feb
Co
Delaware
4,600
Jan
Aug
16
34 Ye Feb
Preferred
200
.
9%
>
50
42
41%
40
39%
26%
9
73
453/4
44%
*41
41%
40
30
29%
41%
45%
-
112%
<Tbe»
Dayton Rubber Mfg Co
2,800
22%
23
23
41%
,
•71
73
.
31%
*
;
'
*71
■
2,900
52%
26%
26
26%
26/4
73
25
52
9%
8%
10
9%
'
24%
52
41%
r;p39z-;
41%
•
:
*1113/4
24%
r
;
87%
O
Y
Corp
Nov
52% Nov
25
19 Va July 16
1
Corp, ft
Jan
Nov
8
63,4 Aug 28
32
Deo
112
124
9
1
-
Chemical
Davison
337/a
39%
*41
41%
.
X39
.
10%
10
>.'V:
41
43%
Corp
JJavega Stores
3,300
353/a
4
Feb
69
par
Dev
Oct
8
13% Aug 27
100
No
106
30%
10
1
pfd
106 %
Jan
o
128 Ve Aug
par
A
112%
47%
47%
-
41%
43
•
•,
Highest
9 perthare
Jan
28% Jan
1
24 %
49%
-
;/;/;/. ///•'/"
No
22%
••
>47
16
20%
46% Jan
•
18% July 17
No par
No par
50%
23%
49%
(The)
*111%
112%
*111%
26 ■ //
48%
27
50%
112%
*111%
112%
26%
*
Z:
I perthare
165
Jau
Z 99% Jan
Drug Stores Ino__ 2.60
preferred
12
115% July
25
Mar
39
5
Apr
54% Feb
Aug 28
lbU£
_5
21%
1•
Feb
21
12
110% Feb
150
31 % Aug 29
-100
22%
■
109
—30
Cutler-Hammer Ino
100
-100
Co
2,400
22%
40 % Apr
-100
Cushman'a Sons Inc 7%
25
*23
Jan
—10
Inc new_.
Pub Co
v
42% Mar 13
par
-100
4,200
32%
21%
f
25
;
Sugar
preferred
Class
140
32%
33
3
No
Prior preferred
Curtiss-Wrlght
9,500
21
*134
140
X32%
24
21%
85 Vb
as,.
20%
20%
25%
24%
21
$7
36,200
7%
'
■ti
Year 1945
Lowest
9 per thare
21
preferred.
Cunningham
900
6%
20%
22
24%
693/4
63/4
6%
•23
247/a
24%
69%
7
G%
Press
Curtis
70
130
*127
70
20%
36
33 %
300
19,100
14%
Amer
Packing
4%%
60
13%
130
6%
140
*135
36%
14%
Cuneo
69%
.
,
*58%
65
14 Va
130
69
*50%
Cudahy
2,300
20%
Jan
Jan
preferred
2,400
105
20
RH
7%
48%
*103
20%
*128
7%
20%
140
14%
21%
7
7%
60
;
of
Cuban-American
8,400
173%
47%
105
20%
20%
69
69%
69%
.
21%
24%
*103
105
129
130
'56
Steel
107
115
preferred
-5%>
Cuba
350
23%
*165
173%
49
50%
13%
14%
13%
130
*24%
'
*165
175
1,000
32
22%
>
Crucible
2,500
•
•
,
110%
31%
23
T75' *:
45%
110%
32
19%
132
7%
110
22
48%
15%
21%
*109
31%
67 '
36%
111%
45
45%
22%
22%
*135
$4 2nd preferred
45%
29
No par
No par
$4,2Q preferred
200
60
♦21%
70
170
124
45%
*103
*63
70
>108
♦120
32
105
♦129
108
126
21
*165
175
14%
108
32
33
52%
'■:>'/
9 per thare
--5
Corp...!..
*120
21% : 23%
,
Zellerbach
.Crown
6.400
*107
109%
114
33
24 Va
32%
32
32%.
32%
44%
46%
*112
"34%
23%
*v.
Range Since January 1
Lowest
Highest
Par
126
*118
122
4.3%
*33 Va
/ >
Range for Previous
STOCK
Sharet
109%
108%
109%
*109
128 Va
32
31
32%
31%
128%
*109
STOCK
:
YORK
EXCHANGE
'
EXCHANGE
,
NEW
the Week
9 per share
9 per share
STOCKS
/
.
Sales for
ZZ
Aug. 30
Aug. 29
Sper share
tper share
■
Hhpr*
OPT
/•>' Friday
Thursday
Wednesday
Aug. 27
.
•
SALE PRICES
LOW AND HIGH
Tuesday
Monday
Saturday
July 5
July 23
57
Apr 18
20% Jun
7
29
Jun
21% Feb
23% May
20
16
53% Mar
105%
Apr
110% Mar
111%
Oct
Nov
107
July
41
Jan
53
Oct
16%
Dec
18%
Deo
% Mar
13%
Dec
59% Aug
80%
Jun
6
9
Apr
16
49% Jan
17
25
Jan
44%
Feb
9
25
Jan
43%
Dec
35% Jan 28
14
Apr
27
Deo
100
28
Dec
[Volume 164"
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4521
NEW YORK STOCK RECORD
Tuesday
Monday
Saturday
Aug. 24,
Aug. 27
Aug. 26
$ per thare
I per share
i 53%
54%
53 y4
2M9%
*19
STOCK
EXCHANGE
*18'/8
36
41%
CLOSED
41%
107
107% 108 2
■
9%
10
:
51%
50%
501/2
> 50%
19
37%
17%
17%
*17%
18
38%
37"
39
% 108
2
9
Xl3%
14%
9%
108
108
107% 107%
•
2,
17 f.
22
,
14
20%
*20%
15%
'15%
20%
15%
Lowest
•
222':
f per thare *
Par
Lowest
Highest
•
I per thare
J per thare
Highest
•
t per thare
200
8.000
310
Preeport Sulphur Co
Froeaert
Grain
&
Fruehauf Trailer
4%
Feb
20
61
48
112
Jan
51% Nov
Dec
30
Dec
Deo
27% May 13
4
105% May 15
100
34
35'
3
Jun
17'A Aug 29
34% Jan
1
common
preferred
cum
47
10
Malting Co lnc_l
Co
Jun
18
July
1
20%
15%
15»/2
15%
20%
•
20%
20ya
20 Va
22
21%
2IV4
21Ve
21%
14%
-14%
14%
14%
•57
58%
*57%
58
18
15
Range Since January 1
v
9%
20%
21%
18%
xl8%
18%
20 %
22%
14%
STOCK
YORK
EXCHANGE
13%
9y«.
20 %
14
22%
: V
107%
13%
9%
9
20%
1,900
52
♦107
2;.'".,
4«%
V
37%
36%
20%
16%
Sharet
I per share
19
!
NEW
the Week
,
51
53%
19%
41
r
20%
•20%
Aug. dO
J per thare
: : I per thare
13%
'
Friday
Aug. 29
\ Aug. 28
# per share
v
Sales for
Thursday
Wednesday
.
Butt for Previous
Year 1945
STOCKS
HIGH BALE PRICES
LOW AND
'
*58%
59%
19 ya
19'A
•108
117
19%
*100
*106%
110-
59
12%
193
195
20
11%
12%
*190
io
*179
*106%
12%
193%
12%
51
51%
52%
12'A
12%
190%
190%
19%
20%
33%
181r?
43%
51%
50
50%
52
51%
5iy4
134
*134
134%
*120
121%
128%
12%
20
43
1
121%
128%
62%
133%
*120
•
64%
134
128 %
128
21
21%
31%
31%
30%
31
4%
5%
4%
128
4%
•
30
-
.133%
121%
60%
61%
128
20%
20%
29
20%
19%
19%
19
34
37%
33%
"29%
4%
s
19%
37%
5
34%
150
'
30
30%
29
120
41
34%
,r
48 %
28
37%
118
40%
34%
*102%
104
40%
34%
32%
•108%
111
49%
1*107% 108%
36%
124
39%
*108%
-
6%
30
36%
42>A
34%
♦108% 111
♦145
147
147
6%
7
37%
37%
124% 126
v
_
50%
♦120
:
4%
37%
*147
f
50%
50%
*127%
20
.
43%
•50-
20%
29%
4%
181
42%
133
121%
20
22
33%
181
€1-62%
*128
21%
*
56%
193%?
Xl9%
*179
45
-51%
65'/a
18%
107
55%
35%
50'/a
52
64%
115
18%
.
•106%
56%
*190
19
•110
18%
108
56
56
181
44%
45%
134
117
"18%
11%
45%
*120
18%-
18%
46
35%
36%
18%
*108
108
108
14%
58
18%
87%
45%
36
12%
12%
19%
87%
*178% 181
55
193
18%
30%
•106%
58 %
12%
12%
•193
18
19%
108
58%
59%
108
115
18%
19%
*106%
19%
18
*56%
43
111
'44%
•108%
&
148
40%.
108%
•107%
108%
*107%
104
*102%
104
*102% 105
,
44'
45%
a
44% NOV
38%
32%
108%
35%
y
*106
<v
36
103
49%
46%
*57;
57%
:4. n
.145
:
53
105%
48%
•«%
'I
*106
57%
*103
v.
32%
,
108.
'
57%
6%
33%
102% 102%
48%
>
76'/a
63%
107%
*57
*7
25 Va
Jan
3-
Deo
Oct
58
52%
Jan
57
May
3%
Jan
7%
147 Va July
58
47% i
•57
165 Va
-
46%
43%
19%
19%
19
45
19%
fr12% Mar
29
18%
9
5%
Jan
7
7y8
4%
Jan
7%
44
41%
19
18%
32%
31%
32%
31%
31%
32%
32%
109%
*108%
109%
108%
108%
108%
18 %
18%
17%
18%
18%
18 %
109%
18%
57
51
29
29
171
173
*170
71
*67
28%
80%
80%
47%
•mm
41
42%
10
96
56
.
28
64%
51%
54
28%
28 y8
170
173%
67
*64%
53%
v51%
28%
170
28
78%
79%
75%
76
75%
77%
43 %
44%
44%
45%
44%
107%
107%
37
108
*107
108
39%
40%
9%
*107
9%
46
Aug. 24
104%
Jan
5y» Mar
9%
Oct
91%
91%
82
17
14% Mar
50»/a
51%
58
Jan
76%
72%
73
72%
73%
49%
Jan
Aug. 27
I per thare
I per thare
STOCKS
«Aug. 28
Aug. 29
f per thare
I per thare
NEW
Sale* for
Friday
Aug. 30
the Week
I per thare
♦111
108
25%
45
11%
11%
11%
*102%
104%
*102%
104'%
*102%
14%
12%
Dya
9%
179% 179%
8%
175
14'/a
9%
179%
.
:
8%
173
*107%
108
80
*107%
81%
9
Hayes
Mfg
Co.
3% %
80
185
Helme
7%
•134%
Hercules
55
58'A
Hercules
*92
96%
91%
144%
142%
x28
H
28%
$4
conv
29
30
28%
28'A
41%
41%
18%
19%
55%
29%
30'A
55%
*31%
32
*108%
109
*29%
;
30
Holland
(C E)
Hollander & Sons
28'A
40 Va
41%
Houdaille-Hershey
$2.25 preferred
31%
*108%
109
89%
90
20
Household
3%%
Finance
preferred
20%
41%
Howard Stores
39
Howe Sound
8%
19
Hudson
&
see
page
1223
10
39%
23'A
Hudson Motor Car
38
Hunt
May
-7%
huod
Corp
.
2
39% May 13
May 31 li
x43
.
6?y
37% Jun
4
No
par
100
Co—No par
25
t c
1
40
May 22
34% May 10
46
Jan
28% Feb
11
6
62% Apr 22
35% Jun
26
47
July 19
60'A Feb
.——199
12% Jan
25
Jan
5
*
25^a
17
45% May *7
34% Mar 25
No
y
111% Jun 20
95
Apr 24
30
Apr
9
—6.66%
Inc
Car
106
5
Manhattan
Motor
Apr
41 % Apr
non-cum
Foods
7
5
3
Corp
22%
7%
par
preferred
100
Hud Bay Mln & Sm Ltd——No par
5%
2
146% Jan 21
Co
39
*37
Aug
No par
12.50
No par
50
com
41%
8%
Jan
9
new
com
Houston Light & Power
Houston Oil of Texas v
*17'/a
90
139
(A)
37%
:
109% Mar 26
1
Homestake Mining
19
31%
C
r
iuO
No par
Holly Sugar Corp
56
.
May 23;
192
5
(Del)
30
18%
511
17
3
The
Furnace
1
;
July 11
186
No
preferred
28'A
*54
15% Jan
;
16
28
'72%- Apr
Hinae & Dauch Paper Co
30%
16% Jan
par
Hewitt-Robins Inc
Hires Co
Aug 21
No par
preferred
Hershey Chocolate—
143'A
34% May 28
170
38% Jan
No
5%
91%
144
109% Apr
100
Power
136
LIB
100
Motors
*134%
11
13
25
27%
.
8
Apr
106% Jan 24
9
preferred
*26
136
26% Jan
119
16% Jan 16
23
Co
W)
non-cum
'60^
60
40 Ye May 13
24
Aug
1
100
—.
27%
27%
$ per thare
60 Va May 29
-.1
preferred
(G
1
-Highest
1
Inc
Glass
thara
10
Corp
Hazel-Atlas
par
100
Hayes Industries
108%
80
185
189
No
Corp of Amer class A
4%% preferred (modified)
Hecht
♦185
pfd— No par
Hat
173%
par
100
Hart, Schaffner & Marx
13
13'A
preferred
preferred
6%
103
14%
5
Ho
Harbison-Walk
46
11%
SB
new——_
Oo
Hanna (M A) Co $4.25
Refrac
25%
11%
Watcn
conv.
170
11%
Water
Printing Co
Hamilton
108
Lowest
I per
112
*165
Range Since January
STOCK
Sharet
vraekensacK
20%
YORK
EXCHANGE
Hall
footnotes
Jan
28 y8
39 y»
15%
20%
For
Jan
18
52%
Thursday
39 Vb
52yt
94
Wednesday
Nov
Deo
NOV
75
51
Tuesday
21%
175
17%
*91
Aug. 26
f per thare
Jan
49'A Jun
3
J
10% Jun
24
.
;
Dec
65%
109 %
Jan
56
V
Monday
Saturday
Aug
22% Jan
LOW AND HIGH BALI PRICES
-
*
Jan
64
45
108%'
9
Deo
28 Ye
78%
38%
40
33%
161% Mar
67
78
46 %
Deo
Sep
Sep
14%
173%
*64%
67
217/a
105
52%
28%
-
•170
Jan
19
-
76%
•
71
51%
*170
96
:
19
•
29
18
42%
>'
*107
•9%
r
55%
173%
32
Jan
25%
32%
•108%
Nov
18%
v
33%
14 y8
41%
.19
187/a
46%
*2% Aug
8%
*41%
*18%
19
Dec
1
8%
7%
108%
*67'
:
!
67/a
18%
66
*9
Oct
Nov
115
8%
9%
32%
,
63%
107 y* May
107%
Oct
105 Va Mar
Apr
July
108%
.
74%
July
53
Oct
Jan
Nov
40
Feb
48
29
7%
46%
25 y8
102
107 y*
32'/a
7%
7%
10f A
Sep
64% i 66^'
68
31%
"
96
•102% 104%
-46%
103 7/a
103%
107%
Deo
v-
53%
76% ' 77%
78%
105
7%
'
-
Deo
105'/a
34%
i
37
•103%
9%
52
*102% 104
46% -47%
58
34
#105% 107
Deo
26%
144
80
7%
34%
106 >106
52%
54
54%
36
69%
"
34%
108
144
107% 107 %
•32%
33
;
51%
39%
105
68%
103
•106
37
39 %
787/a
55%
*142
145
105
"
7%
148
7%
39
35
108
32%
Deo
111%
r
'
-
,
Mar
46
44%':
108% !
*102% 105
Deo
111
111
•
Deo
133% Deo
40% :
4
32%
Deo
31
;
36%
40%
Deo
34
118
♦108%
44%
108%
28
35%
118
321/4
111
87/s
6%
27%
36%
OCt
140
148
6%
28%
118%
•107%
19%
*145
6%
*102%
'
19
Nov
May
Oct
86
Deo
x35
Deo
108 Va Mar
55 ya
12 %
Deo
Deo
30 ya
Deo
Jun
82
Jun
61%
Deo
100
"THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, September 2,. I94fi>
NEW YORK STOCK RECORD
LOW AND HIGH SALE
Monday
Saturday
!
Tuesday
,
Aug
Aug; 26
Aug. 24
I per share
f per
~
STOCKS
Wednesday
Aug. 28
27.,:
$ per share
share
PRICES
Thursday
iAug. 29;
; ?
$ per share
Sales for
Friday
j
// Aug. 30
/•, / EXCHANGE
Z
,v/,' Range Since January 1
Lowest:
•,,
Shares
I per share
Sper share
Range for Previous
NEW YORK STOCK
•/the Week-'
Par
Year
Lowest
i
^Highest'
.
1945
1.
9 per share
$ per share
$ per share
35
Aug 28
29V4 Aug 28
61
Aug 27
44,% Apr 23
45% Jan 15
.19% Jan
100
100
92
_1000
26
JMghvit
,
9,per share
I
36%
36%
36
36%
35
35%
3514
35%
30%
34%
29%
32 ,Z
64
61
62
■
/■
STOCK
/ *62
EXCHANGE
CLOSED
98
98
*97
28
28
28
9%
9%
"•
61
*35%
•
31
//fit//
•
♦35%
36%
32
,
36
29%
*58%
60%
i
*58%
*95
99
*96
99
*96
99
*26
27
*25
27
.26
/26
440
9%
87/a
9%
9
9%
8%
29%
30%
28%
29%
29
29%
9
29
*15%
16%
14%
15%
14%
15
15
49N
15%
15%
491%
x47%
48%
46
47%
45%
47
44
137
137
;•/;•:.
135
129%
*187
131
129%
*187
...
131
41
41%
38%
18%
17
18
16%
8%
8
49%
48
107%
■7%
108
14%
15
240
8*
17%
40%
109
17%
8
47%
*107
109
:
12%
7%
7%
12%
13%
225%
90%
194'
10%
11%
225%
46
¥•-
37
38
36
*99% 101:
,8
,r
/
6,500
2,400
.
193%
194
10'/a
36%
101 v
101
r
/
235
193%
34%
36
*101
35%
*138%
33
35%
230
230
/
49%
48%
124% 126
*108 /i 110
.
19%
115
45%
122%
*107
19%
*101
*43%
44
54%
2,100
140
122
110
18
*18%
47%
.17%
65%'S
43%'
43%
51
35 %
5,600
: 102
6%
3,100
32%
140
48
123 %
123%
*123
132
108%
,
110
*107%
110
19
18%
112
113
*60
65
65
43
112%,
42%
43
51
*50
*42%
21%
21%
43
21%
22
20%
21%
21%
21%
20%
21%
21%
36
34%
36
34
35%
33
34
29
28
.
29
•48%
.
.
50
161%
28%
*48%
161%
*27%
49%
*160
*160
15%
15%
14%
107%.
*105%
*112
113%
138%
*113
■
*155
114
46%
*105%
26%
*28%
'*12iy4
123%
30 %
30%
„
'
*59%
45%
105%
26
29%
27
:
122%
28
62%
28%
29% Apr
-I
*160
163
,
20
59%
59%
46%
45
21%
19%
t *S4
45
207/a
20%
"
.
58
,
28%
28%
20%
20%
18%
51%
27
20]/a
54%
53
28%
.58
»A1
19%
27%
.44
,10d
133
18%
52%
'
103
x46
50
48
48
*46
49
30%
28%
30
.28%
29%
21 %
21%
*21%
23
22
*95%
97%
85%
.
•38%
38 %
108 332
95%
36%
108 A
*108 332
>38%
39%
*52%
54
54%
No par
—
'
*
par
;
No par
__No par
No par
37%
38
52%
40
—.1
$6 preferred,
52%
51%
52
48
t-p. 52
Monday
HIGH
I per share
1,400
148
100%
,28
'
1,700'
5,900
28
18%
50
*46
47%
200
28%
1,400
21
20%
97%
96%
35%
140
36
*108 332
109
20
36%
371/4
51%
52%
,52%
51%
52%
53%
50%
50%
99
5
11%
Nov
Dec
28% lJan
39%
Dec
Feb•
113
6
J29
Feb
v
19%
Jan
141
Dec
48% Dec
123
9% Mar
24
,
Dec
116
Dec
79
70V? July 19
41
49% Jan 30
<
Mar
Ye July
j39
Dec
453/4 Dec
57
Feb
■
60% Aug
1
42% Aug 13
31;% Feb
33
Dec
33% Dec
18% Jan
2
.
31% Feb
2
18"%
Apr
4
41%
34% July
17%. "Jan
19% Jan
30 %
Oct
50
36 :
46
Dec
152
Oct
50.
.
.
3
3
Aug; 1
163
Jun 28
Jan
Aug
Jan
145
5,300
(S H)
Kress
PRICES
Thursday
Aug. 29
9 per share
9 per share
Friday
Aug. 30;
Sales fox
the Week
9 per share
.
27
18
48
Jan
32% Jan
22% Dec
—10
& Co
Shares
Dec
30% May
105
Deo
31%
Mar
124
Jan
67
Dec
18% Jan
38
Dec
10
1
31% Dec
4
•
34% Jan 29
-
35%
31
Dec
Dec
60% Apr 30
18% Jan
35 y* Jan
51
Dec
55'
3
22% Jan
May 27
22% Mar
35
Not
30% Aug 23
Jun
3
8% Jan
Jan
9
29
100'
Aug
72% May
28
Aug
5
Jun
3
110% Jan
8
46
7
45% May
44
Jan
3
3
Aug
107
62V2 May!7
65% May 22
Dec
40 V*
Mar
112
Mar
35% July
*49% Nov
Jan
37
Range for
I per share
Oct
50%
Previous
Year 1945
,
Hlfheat
Lowest
Highest
9 per share
19
Not
96% Dec
35% Nov
26
3
Lowest
Saf e
46% Nov
34
Jun
Range
.
Dec
Dec
140
Jan
2
EXCHANGE
116
Jan
44%Jan
-
Nov
13
July
33% Jan
No par
Jan
Dec
61
30
<
34% Feb 26
—Nopar
,
Nov
145
137%
117
67
3
107
20
Nov
114% May
47
3
26% Feb
15% Feb 26
86% Feb 26
!—No par
May 31
Dec
40 % Jun 11
50% May
-
—i
Apr 22
36
*
27%
May52"
122 % Jan
„
Aug 28
■
Jan
Jan
Jan
79
Mar
19% Jan
2
34
Aug 28
-
STOCKS :/■••;:NEW YORK STOCK
>/■
408
-
28V8 Aug 27
"
109% Aug
101
.90-
1^7,
-8
new-No par
(The)-
Kroger Co
Mar 20
24V4Marl3
54
Apr 15
-35
Feb. 27'
19 % Aug 28
5
'
Jan
118% Aug
312 'Jan
109 *
Sep
26
Aug 29
117% May 21
-
-
;34%
m
^gjlar 14
Dec
84% Jan
'Aug 14
26% May. 9
125
July 1
6
Jan
Dec
Dec
Nov
34% Dec
13%
2%, Jan
r
Jan
53% Apr 16
132% Apr 16
21
100% Jan
preferred—
-100
Kresge (S 8) 00——^-^.--———10
1,500
Aug. 28
140
4% %
800
.52%
Co
$5 prior preferred..
Koppers Co Inc
2,900/
37%
&
Kimberley-Clark Corp
>Kinney (O R) Co
„
500
,96%
36
109
10
; Kelsey
Hayes Wh'l conv cl A_—_ 1
ClassvBy;'
"i ^
ZKennecott Copper
No par
Keystone Steel ft. Wire Co
Nopar
v
.2,800
21,100
*27%
22
&
100
CKan City P ft L pf ser B;
No par
Kansas City Southern
No par
i
4%-' non-cum preferred——-,100
Kaufman Dept Stores——1—,^.,10
Kayser-(Julius)
800
18
49%
°
■v
400
f
19%
Oct
Dec
Dec
75% Jan
5% Jan
148
July-24
Mar
193
"17
SSI'SSf
MIg
Kalamasoo Stove ft Furn.
a
20
56%
>44
19%
407
6,100
50%
SALE
I per share
?
•
46
108 332
Tuesday
Aug. 27
56%
.•43%
J°r^ nrJ?^series
3,000
.36%
'
55%
14%
42% Feb' 5
55% Jan
2
42% Aug 29
48"% July 24
38% July 30
19% July 23;
20
July 23
32
Aug 28
23% Mar 13
1
«
Joliet, & Chicago RR stamped—100
.,
29%
■
36
*
:
,
28%
50%
*96%
36 Ye
109
39%
Aug. 26
Aug. 24
96%
35%
*108332
37%
LOW AND
.Saturday
96
38%
109
12%
74% Mar
Jan
Aug 27
11% Feb
6
106% Jan
•
36492
- 60ft. ?
122%
18%
29
23
'
109%
178%
15% Apr .22
45
Jun
3
17% Aug 28
,
:
.
27%
*122
.28 >
18
*
.
257/a
/; -27%
19%
x50%
.30
25%
44
*26%
18
/50
*47%
•21%
Jan
Dec
Dec
Nov
Jun
101•
Aug i 1
39% Mar
No par
—•
-f0
45%
*103 -.105%
.v58;-:./.
:
Xl9%
;
.
160
x437/e
26%
122%
28%
28%
44
19%
.
*155
27
*122
'
'
43%
53
27%
26
122%
'
46%
:.;|f
105^.105.
26%
,26
-
10 J/i
57
8% Mar
Jun 13
6% Aug 28
32% Aug 28
No par
;_*.15
Dept Stores,.
Corp
Intertype
x25%
27
*122
29%
1~9~%
Jan
6% Mar
104 V4
Apr "11
2
30
Co.
Foreign share otfs
Interstate
Island Creek Coal
45%
45
26
27
122%
174
37% -Jan
2
202
Mar 13
95% Jan
Intern'l Teiep .& Teieg.-.-^-JVo
2,200
5,500
100
160
*155
'43%
*104%
,26%
t per share
10
International Silver new
25
7% preferred ,1———,25
900
?
ifin
*1.55
48%
107
250
8%
•
Dec
Jun
140
19% NOT
114
160
;
May,23
13% Feb 16
102'
9
ft / 3;
^
X58
,
3
May 28
20% Feb
86
Aug 28
' 190% Jan
5
par
I——Nopar
lA
«
*1201/4
62
>
112
9
preferred—---—_T;J0G Z::ll0%Mar 13
28%
50%
127%
*61
t
conv
47
163
Aug
59
Jan
Feb
11% Mar
6
;
11% May
7% Aug 27
12% Aug 28
195
Jan 30
100
-
Paper
..-*45
*27%
V
22% Feb
7% Jun 21
106
3
Aug 21
<44% Jun
3
45% Mar 14
—100
International Shoe.
;
47,000/
'
104%
166
Jun
34% Deo
.19% Jan
May20
22% Jan 18
.16% Aug 28
132
*124
"
.
112
53
138%
v.":
47
20%
28%
*45
.
163
1071/4
'¥ 53
*
22%
1,800
.—
36
1
151% Jun 17
190
-25
preferred—
5%
2,000
•
No
i
International Salt.;
r,
Jun.
16% Jan 28
;
.64
,
100
$4 preferred
290
50
42%
V
38% Aug 28
Inter Rys of Cent Am—No par
5% preferred
—100
;
52
50
j
,_N6 par
—
200
64
"
20
—
International
1,800
113
*60
38
36
'
1
No par
Int Nickel of Canada
Preferred
1,700
18%
50%
*42%
52%
50
4%
22,600
.
Dec
Dec
18% Jan
127
Aug 30
168% Mar 22
par
International Mining Qorp,,
160
47%
.
92
37% Jan 28
26% Feb ?5
14% Aug
7
No par
new
84
99% Apr 16
8
'43% May. 2
""
—100
Co
Preferred
23,400
*138%
:
48%
preferred
Int Hydro-Elec Sys class A
International Min & Chem
100
33%
47%
.
113%
42%
35
*101
34
No
International Harvester
j,
290
6%
i
.
40% Dec
44
; Dec
Jan
Jan
72% Jan
14
/:/;;■/>:.//•/.>.:.s
13,300
11
*
—Jl
——
,.
11%
193%
140
122
*42%
20%
22%
140
*108
19
'46%
113%
%
,
f
,,,—170 par
Int'l Business Machine——No
par
5,003
6%
:
33%
110
-
'
Interlake Iron_
700
,
88
193%
11%
35%'
101%
6%
Z
*60
54%
50
21%
32%
*60
65%
*42%
•
113% 115%
116
*62%
6%
33%
140
'48%
124
18%
.
Corp—
4%% preferred—
Intercont'l Rubber.,
20,900
.
<
193%
35%
103
6%
34%
138%
138
139%
■0
,
6%
6%
Rayon
Interchemical
50
v
7%v
13%
13%
88%
11
C/n%
'
/•T.&j
,
Inspiration Cohs Copper
lnsuranshar^s Ctfs Ipc
.t
700
;:•/
109%
■.
,
7%
7%
13%
*226%
•
6%
5
'
*
•
Inland Steel
46
♦108
7%
13%
87%
'
-
'
ingersoll-Rand
'
232
87%
193%
13
Co
'
v
.
6,400
.
17%
7%
47
109
109
7%
14%
232
194%
RR
••
Jan
29%
47%
Jan
85
Aug 30
8% Aug 27
Indianapolis Power ft Lt
No par
Industria Electrica De Mex, S A——
'.
193%
.
Industrial
,
6%
40%
17
8
:
46%
'
7%
91%
Terminal
p
<
4,600
v
127
39%
17%
"
8
47%
13%
240
90%
4%
series A
2,200
I-
*187
40
40%
*77/a
48
*107
8%
'
ctfs
2,800
15%
'
8%
»
V 3,500
29%
.45%
;
127
*187
42
18%
49%
Illinois
«»-r
,
-100
*
42
•
'
•
lines
RR Stk
6,600
^
>—,-20
„
preferred series A
Leased
"
134
*187
6%
50
28
■
—
^Illinois Central RR Co,—
300
99%
8%
30%
Idaho Power Co.
21,300.
61
v,
30%
1,000
;
30%
9 per share
I per share
L
7%
STOCK
*51
IXCHANGE
49%
CLOSED
7%
6%
52
*80
49%
*79
65%,
48
46
46
85
*62
.
6%
47%
47%
46%
85
65%
7%
51%
50
6%
*76
65
.
65
*60
13%
13%
123/4
13%
39%
42%
38
40
10%
10%
3%
*36
37/a
.3%
46
*26%
io
*40
28
26
.3%
40%
9%
25-
26
*26
io y8
ioy8
9
9%
9
9%
53
55%
50
50%
27%
28
'27
27%
•27
33%
34%
X59
32%
59%
12%
12%
*33%
34%
93%
93%
55%
57%
/■/ 12 4
*33%
12%
34%
95
95 y2
201%
201%
/:
*93
32%
:// 27
31%
56%
56%
57%
56 y2
12
V
33%
94
95
200%
/ *48
52
64
64
48%
61
56 /•
56j/2
55':/
39
.
39/4,
35
35
*115%
^
31%
36
29%
33%
-.31%
81%
81%
81%
29 %
30
26
24%
.
24%
23%
*2814
'63%
196
<
196
29%,
64 y2
33%
,
*112
94
*
33%
/ *91%
.33%
94
'••'*90
93
/
48
94
200
201
*47
28%
63
48
46%
59%
59%
53%
37%
53%
53%
37%
31%
31
*112
119
119
30
•
30
30%
>
53%
•/,'
.
;
.
30%
31
32%
31%
32%
30%
80
77
78
75
76y2
27%
27%
28
27%
28
24%
23%
24
,
31%
78%
237/8 .24
29%
> 26
24%
23%
196
196
28%
64%
35%
21%
*28%
>
62
-34
*106%
19%
197
28%
62%
35%
107%
21
197
28%
62
•;
197
28%
62 J/4
*195
./
197
28
Zz;
r;
.
•
;
-
61%
33%
34%
107%
106%
20%
20%
*20'A
62
106%
21
800
.
150 /
.
40
;
:
2,100
(P)
Lowensteln
j,
102% Apr 22
54%
Oct
Jan
637/a
% Jan
5
17'A-Jan
/ "33
aav* Mov 7/1
55% Aug 27
15% Apr
3
19
102
Nov
35 »A
Dec
68
NOV
.7%; Jan
lb
13'A
Dec
33%
Dec
33
Dec
78
'Jan
100
Oct
24
58
.Jan
101%
Oct
210% Mar 29
181
Jan
198
Dee
46% Aug . 30
59
Aug; 28
65% Apr U
32
Mar
50
Feb
Aug
7
,45% Jan 14
.41
186
Feb
61% Aug 30
.r
32% Jun
21
104% May
17y« Jan
9
.
3
10
18
197
27
.
Aug 28
'<7 34 JOTl
Jon/, r
50
Jun
31% Jan
,
May 31
35
25
23 % Aug 27
Apr 11
94
3
25
a
Jan
417/a, Jan
19% Jan
13
84% Dec
60
Dec
36% Dec
40
29%, Jan
Nov
120
/ 30% Aug 30
64
Feb
66
Dec
47% Jan
8
,43% July <1
l431A Jan 29
Aug. 30
Jl
Jan
88
52% Aug 28
31;
No par
-18
64% Dee
27 V*
51>/a Jan
May 23'
103 y2 Jan
27% J'uy \2
MacAndrews
Jan
4
194% Jan
27% Feb?26
<
Dee
Jan
Jan
17»A
-
37% Jan 21
Mar 13
115% Aug.27
100
-10
60
367/a
74% Jan 28
11% Jan
,
1
Dec
20 Vo
-'May 13
9
•>«
Jun
Jun
2ya Mar
5>A
35% Jan
65% Jun 14
20
30
Dec
17%
387/a:May 16
15 y4 Apr 15
Aug 27
"*0 % Feb
.
Dee
44
6y2"Jan
*
26 V* Jan
^
No par
No par '
;
10
Anr
72
17 y.
Jan
7
29%
28
57/a Jan 15
Aug 28
-100
: 4 % % cum pfd series Al
Lukens Steel Co
12
Dec
Oct
Jan
47
64
9
,
100
—No .par
(M) .& Sons Inc
9
28
*
55% May 23
86% Mar;,15
Nopar
No par
:
Apr
17 »A Jan
82
Aug 28
25'
Nopar
.'-No par ;
Co
7% preferred
«
Louisville Gas & El A
Louisville & Nashville
Dec
49% Feb
■
——:————100
Link Belt'Co
:.Llon Oil Refining Co
Liquid Carbonic Corp
LoriUard
Dec
39%
aar»
Lily Tulip Cup »Corp-^——No par,
Long Bell Lumber A
2,900
7,900
(
—1—4-25
■
48%
Sep
86
100
/; -,3%%. Preferred
11,500
Lockheed Aircraft Corp—:
23,000 / Loews Inc
3,400
i Lone Star Cement Corp
600
,;33% ;;34%
■
Preferred
Lima Locomotive Wks
3,400
4,200
r
28 %
*106%
s
.
3,700
1,400
119
29%
700
1,000
31%
*109%
.Series B
:
Jan
24%
—50
Lerper Stores Corp
-—No par
Llbbey Owens Fora Glass
No par
Libby .McNeill ft Libby-^J
—-7.
Life Savers Corp new
5
•
370
31%
Apr 22
3% Aug 27
-No par
Jjlggettfft Myere Tbbaccoi—
»•
2,600
36%-/37%
32%
37%
33
400
r
62
53%
<
700
? r'
47
59%
t
21,000
91 '/a
60
600
6,400
201
81%
106%
20
29%
-
:;,93%
91
200
94%
200
■
4,100
May 29
9% Aug 27
:$3 non-cum 1st,pfd——No par.
-
Dec
68
62
38
25
50,
50c non-cum 2nd pfd
—-No par
Lexunan'Corp iTbe>^—.»-.•«■!.
Lehn & Fink Prod Corp
.'.
9
5,500/
57
33
33%
•
»72,A Feb
1"
6
•
19%.'Jan
25 y» Aug
42V4
Dec
37 y«
Dec
Jan.
66%
Oct
/: 32%
Dec
50
15%* Jan
Jan
*32% Nov
187/a
190
Dec
31
Nov
Mar
68
Dec
13 V*:- Aug
20
Dec
KJan
166
23% Jan
52
.,
43% May ;7
108
July
9
30% Jan 14
?<..
40
40
♦160
165
59
*38%
*160
60%
55
51%
footnotes
51%
50
108%
For
,59
52%
37'
33
v
31 %
10«%
22%
48
'
55
115 y8
92%
200
61
37
22
*•
v
48%
in«
36
11%
'
32 %
?-'*194%
;*91.
'
CM o O
34%
115%
32%
..'
39%
33
118
i2y8
Lehigh Portland Cement
Lehigh Valley RRLehigh Valley Coal—.
j -.
Non-cum preferred
)
7%
7
4
•62'% Aug 30;
12% Aug 28
1,800
11% ,12
33 V2
33%
11%
27%
*
95;
27
32%
313A
—50
1,500
,
9%
32
>
53
—
52%
55%
.
\
26%
9%
51%
27
■
.
3%
31%
33
5,800
9,200
.55
26
9%
3,900
Ai>*
4%
9% Jan 24
2
Jan
fit
.Lehigh Coal & Navigation Co.—10
7,000
;
6% Jan
43% Jan
37
,
' Lee Rubber ft Tire—
200
.*
9%
,51%
*26%
4%% Preferred
.
41
3% *
?40
26%
*9%
55%
900
13V4
9%
55
1,600
62%
13
'41%
55%
:r;.
,62%
3%
•3%
*40
/ 55
•;'.
82
13%
#40
26%
45
93A
93A
3%
50
.
13
Lacledfe Gas Llght CO—,—4
: Lambert Co (The) -——-—No par:
Lane Bryant-.—.——...-No par
20,600
'
49%
45
"40%
9%
3%
49V4
65
137/a
44
7
*75
85
13%
9%
46%
*77
43
.
•49%
84
*60
i
6%
48%
45%
•
109%
*109
see
page
,1223.
40%
165
58%
51
111%
*38%
*160
54%
49
*109%
40%
165
55%
*39
40%
*160
165
56
57
50
49
50
111
*109
111
39
*160
39
'
54%
48%
>109
200
165
56
49%
111
6%
3,900
3,500
200
ft, Forbes—
preferred
Mack Trucks Inc—
-100
—No par
Macy (R H) Co Inc
4%%
pfd series A__——
No v*r
100
36'
Feb 27
154% Jan
5
54'A Aug 28
44'A Feb 20
108 Vs Aug 26
Jan
39
Dec
-
Jan
155
May
47%
Jan
72
Dec
May 28
3IV4
Jan
52
Dec
111% Apr 12
106%
Jan
42% May 31
160
:
Jun
13
76% Jan 30
65
28%
147
110% Nov
-
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
LOW
Saturday
Aug. 24
Monday
££g$;p<5r share
15'/2
SALE
HIGH
Tuesday
Aug. 27 £;.
Aug. 26
$ per share
AND
Wednesday
14%
Aug. 29
I per share
15%
14%
Friday
8alei for
Aug. 30
the Week
Thursday
Aug. 28
$ per share
;l
15 %
STOCKS
PRICES
15%
15%
;
15%
*15%
21%
22
*500
525
CLOSED
*13
19%
£:
36
21
*18
19%
•£
9%
■v
14 m
525
££ 12%
*480
,
*17
35
*33%
35
' 4%
;9%
4%:
14
14
*17
;
13 %
19%
13%
45
3,500
13%
13%
46
43%
45 Va
111
*109%
43%
*109'/2
110 %
109%
109%
*109%
110%
*109%
39%
39%
38%
39%
38 Ye
38%
X38%
23 y2
23y2
21%
23
20 3/4
22
22
65 y2
65 y2
62%
65
59%
61%
60%
•62
60
36%
34
35
*34
31%
303/4
31%
*37
40
33
33
*202
Z 206
£
..36
43
*35
36
31%
33
*202
301/4
206
*202
38 %
37%
21%
-,■£
22
■'
60
303/4
*202
2,200
v>.,
35%'
30%
206
•
;
v
(plenn JL)
Master
Elec
110
•
60%
56%
110
110
54
60 Ve
110
109
110
*109
13%
14
12%
13%
12%
13
51%
v
55 %
55%
51%
51%
51%
50%
51%
112
*112
112
115
*112
56
5,800-
May
7%
206
'112
109
12%
109
115
123/4
513/4
No
39
Feb
109% Aug
37
25
y.
f
112
112
48
,
49
preferred
67% Apr 24
112 '/8 Mar 25
2
39%
Deo
7%
Deo
11%
183/4
Jan
Jan
18%
42%
Dec
v
Oct
*21%' Jan
46 3/4
Dec
9% Mar
45% Feb 4 2
Jan
2
30% Jun
4
52% Feb
"
26
Feb
26
243/4
Jun
Apr 18
48% May 28
26
38 3/b May 29
195
Jan
75
8
50% Feb
5
26
50'/a
34
*114
49
34
y4
32
39%
*34%
34%
33
*104%
333/4
X313%
104'/a
25%
55%
55%
54%
55'%
28
28%
*83
28%
*80
47 ££
,68
52
52%
47%
.X47
27%
Jan
203% May 20
No par
£70
108% May 29
112% May 13
104
104%
26%
29%
.21.:
27% '
105'/8
27%
29%
23
.22%
*29
y2
105%
106
52%
*53
273%
25
?6 3/4
26
78
80
52
28
6,700
500
Jun
5
8 3%
Jan
16%
26
55
May 31
40 3%
Jan
55
No par
111
Jun
18
•
48
118
291/8
22%
23%
*1053/4
'
Mar
/
107
3/a
£
6
110
1,200
54
2,100
26
263/4
5,600
Mengel Co
80
*78
.
26
4,100
45
5%
50
25%
46
82
*.41%
27
*41%
M
66%
66'/4
67%
110 >/4
*109%
IIO1/4
300
53%
49%
49%
50y4
49%
49%
112%
*111%
1123/4
*111%
*111%
1123/4
*111%
13%
12%
13
13%
13%
13%
4,ioo
38%
41'/a
38%
40
39
39i/a
.373/4
13%
38%
41%
42%
2,500
1603/4
1613/4
f
41% --42- ;;
.45%
45%
161%
161%
*60
.43
;/£
44
59
60
16
13%
15%
15
161
59
59
143/4
60
£ 14%
42%
160
*55
161%
*55
:
41%
413%
161%
62
15%
39
164
*i6i3%
50
112%
155/a
14%
56
58
1,200
Mesta
f
Midland
7,500
56%
56%
2,100
*116%
117%
Dec
417/a
Dec
108% Mar 21
104
Feb
25
36
10
26
30% Apr 22
12% Mar
35% APr
'4
Jun
27
Deo
30 y8
Deo
25
Deo
107% Aug 26
56% Aug
8
£ 59% Jun 28
25
70
Feb
26
283/a July 23
38
Jam
2
;
59
Jun
21
106 3/8 Jun
12
B
,
Jan
473/4
Deo
35% Jun
10
14% Mar
29%
Nov
1051/a Jun
22% Mar 14
y
50
Co
109 y*- NOV
Sep
13 Vo Jan
17 Va Jan
Aug 16
10
B43%
Jan
87%
Nov
32% July
35
9
52% Apr
2
77
1103/4 July 19
491/2 Aug 28
61% Jun
113 % Apr
Jan
111
10
31% Feb
No par
3
26
•37
3
7%
173
563/4 July 30
93
Deo
36
63%
Jan
35
Jun
14% Nov
Jan
253A Aug
45% May 15
62% Jan
9
39
Aug 28
166% Jan 24
Deo
56
106% May
18
183% Feb
123/a Jan
It.
45% May
33% Mar
May 15
108 y4 May 10
:
Deo
July
1
137
Jan
160
Mar
Feb
9
53
Mar
75
Oct
133/4 Aug 27
26% Mar 18
13
Aug
26y4 Dec
51% Feb 25
.,
,
Deo
70'/a
Aug 28
No par
Products
Steel
36
Apr
Feb
8%<cum 1st preferred—i
100
Minneapolis & St Louis Ry
No par
Minn U P & SS M A vtCi-^No por
100
300
15%
Machine
Jan
Jan
24
43
1
pfd—
-cum
19 3%
62
•62
^...1
Inc
Deo
Nov
3
104
Metropolitan Edison 3.90% pfd__100
Miami Copper
:
0
Mid-Continent Petroleum—
10
6,600
59
Co
&
$3.50
1123/4
12%
Merck
32 3/4
43
19% Feb
—No par
No par
Min Trans Co:
Merch &
3,600
110
(The)
1st preferred—,,
19% Jan
10
Aug 19
24
Deo
Jan
69
'S£23%,Jany;3Z
1
,
Mercantile Stores Co Ltd
400
66
conv
—
65%
£56% Jun
i.^50
preferred.;./..:.
•
Jan
30% Jan
43
May 27
Apr
9
46% May 29
48% Apr 22
100
Melville Shoe Corp
2nd
2
•
Sep
114
Aug
27%
Apr 23
122
Aug 27
104
>
par
10
;
preferred
52 %£
4%
52
4i% Jau-
No par
53%
26%
2
1
£ :31% Mar 22
1
Corp
41/4%
.240
Oo__
52
13%
*111%
Mead
;
Stores
533/4
110%
*109%
No
Mc'Quay-Norris Mfg. Co
>
67
preferred
71
14
__18
MrLeiia-t
4,500
Jan
33% Mar
8
McKesson & Robbins Inc.:
'
109Te Jan
No par
Mclntyre Porcupine Mines
Aug 30
28
1
2,600-
>
Nov
Dec
Oct
17
Feb
McGraw-Hill Pub Co
$4
109 y2
12% Aug 27
48
McCrory Stores Corp
•
Dec
par
Corp
2,10C
27% £
26%
-
£
63%
No par
54%
v;
X26%
y
43
66
110
51
28
26%
*40 y4
67
27
23%
•
110
*105%
106
80
105%
;
443/4
'
30
23%
86
,
110
54% <55
105 Va
33%
Dec
May
195
34% July
104% Sep
May 10
Deo
Nov
33%
22'% Aug
176% Jan
No
3%% conv. preferred—
—100
McGraw Eleo Co
—•
1,100
1,800
1,500/
471/4
54
66
110%
13
52%
47
54
:;42<%
68
*110
33
52%
53%
27
28%
*45
33
56
26%
87
£
46%
107
55
•
37 Va
52%
24%
54%
107% 107%
32%
McCall
2,800;
2,100 •
113%'
37%
*32%
32%
30
22%
,106%
££'52%
...
32%
*111%
38
45
£j
283%
30
30%
25
32
113%
*37%
31%
105 Va
27
'111
113%
52
523A
47 £
29
31%
38
45%
30%
*
36
52
28%
C
*110
38%
48
105%
32
31%
116%
36
£<50£££
49
49%
4
53
'
47%
.49 V?
50%
*113%
116%
*38 %
53
I
,.
63%
48
Mar
40
I
49
111
Sep
'
5
Deo
Apr
109
July 25
,
20
100
Stores.:
$6 1st cum preferred
30
Dec
Jan
15%
28% Feb
par
preferred
,
20%.Jan 23
34
■
par
1
No
Maytag Co
$3 preferred
600
32%
Jan
3%
28
4
Oct
15% NOV
7% Mar
24
Jan
lP/a Feb
8
V '
Deo
525
Jan
14
46% May 31
July 23
-
13'A Aug 30
par
Wks
Aug 29
9
lv
—No
Co
Department
$3.75
610
.
12%
*50'A
51
-•
56a/41
•55%
no
123/4
*501/4
115
V"£
Jun
7% May
26% Jan 14
'
59%
25%
Mar
425
8
'
--^-1
Co.
Alkali
Mathieson
17
Aug 15
16 3/4 Apr
A'A Aug 27
1100
Martin-Parry Oozp
Masonite Corp
300?
% May 28
26
'
34
1
preferred —!
Martin
.
17% July 11
30
10
19'/2 Aug 19
par
_„S
;Corp
i
5
Market St Ry 6% prior pfd
.100
Marshall Field & Co
.—No par
2,800
£,;
No
Midland
4%,%
$ per share
I per sharev
526
Aug 30
Jun
v
12 3/8 Feb
1
Maracaiho Oil ExploratioiU-.
•
3,900
3,000!
.
Co
Manhattan Shirt
20
38 y4
22%
*202
206
1
111
Highest
'
Lowest
'
Bros
8,900-
„
.
20
520
Marine
'
'
10
i_60
Sugar
.
22,900'
1,7401
*
13%
;
145/8 Aug: 28
,_r
Mandel
200-
9%
47%
>
V
4%
14
Copper____
Manati
3,200 ;
400 <
-
4%
9
Magma
f per share
Mahoning Coal RR Co____
34
34
44%
13%
45%'
-19%
4%
8%
•
13%
13
9]/a
4%
3,300
;
525
*480
*17%
19%
20%
20
20 y2
525
13%
13
20
•
9%
46%
20%
20%
*480
13%
35
.
5*
V
20 y4
525
12%
£
'
£; 22 '/a
•500
13%
.
Highest
t per share
£
Madison Square Garden new-No par
'
STOCK
exchange
Lowest
Par
j'
2,700
•
Range for Prevlene
Year 1940
Range Slnee January 1
EXCHANGE
Shares
I per share
t per share
15
£.-;.£■■ NEW YORK STOCK
681/4 Apr
5
1193/4 July 1
56% Aug
9
19% May 28
'
60
15
*112
V
55%
116%
60
119%
119%
♦114%
53%
1:53%
50
57
119%.
*52%
-
.
•
54
£
c 15 Va
I- 117 -
i
59
13% v15
.
;
58
*116% 117%
1181/2
50%
50
14
13%
•109
116
36
37
33%
10
.93/4
10
14%
36
*110
*109
114
50%
50
13%
.14%
116
3.20%
Min
3,800
Minn
Moline Power
2,400
116
Minn
10%
v
37
61%
f
10%
37
£
37%
62
20%
35
20%
173/4
19%
34%
53 £
290%
17%
19%
Xl8%
18 3A
18%
18 3%
38
36
36
36%
36%
363A
36%
£•
:•
37%
54%
130
*115
125
80%
75
78
78%
79%
75%
753/4
30%
->60 =V
£
28%
76%
28
28
49%
50%
£20%
20%
*106%
108%
*18%
19%
41%
*59
$ per share
£ pejr share
Monday
18%
£19%
109%
il4%
48
V-
1093/a
HIGH
20
20%
20
18%
*373/4
38%
36%
38
*36'/a
37
353/4
37%
300
23%
187a
19
*36%
34%
44%
37
35%
212:2,
20
21-"'-
19
27
25%
25%
25%
33
31%
32%,
30%
32
/ 205"
27%
28%
27%
27%
27%
27%
28%
15%
16%
155/a
153/4
153/8
153/4
40
21%
40%
38%
39%
37%
38l/a
37%
38%
37%
20
2.1%
;
19%
203A
xl9%
20
19
197a
33
33%
29%
32
•
32%
323A
*200
202'%
*200
30
31%
31%
213/8
20
21%
19
* 193/4
20
20%
193/e
38
39
37
38
37%
377a £
37
28%
28%
27
28%
26
26 3/4
26%
27%
27
29%
*46
*104
47
27
202%
165
47
24
105%
353A
28 Va
,25%
49
26%
104%
36%
165
36y4
267a
27%
46
47
23%
104%
35%
.
'
203
25%
/
26%
*42
245/a
24%
275/a
45
♦44
7,700
3,700
.
27%
273/a
62,100
:*£:
45
'
,
106%
IO53/4
1053A
34
343/8
33%
337a
*202%
204 '
202%
203%
*165
166%
*163
166%
166*:
160
10
10%.
31%
HO
10%
9%
29
30
311/a
303%
]53%
54
51
51
49
49
1%
1%
91%
93%
29%
18%
3p /
203/a
25
25
,
-94%
95
*30
30%
21 ^
H20%
£ *25:
26..
104%
V
104%
-
■■
•£?
103
103
,31%
.33%
1%
90-
1%
91
903/4
30 >/2
,30
18
*50
1%
V+
'-•24 K.
1033/4
31
.191/4
24
18%
/•:':
104%
202
'
,fl64
24%
*104%
10
25
202
303/4
52
voA
31-
19%,
30
31
303A
19%.
19
19%
18%
19
18%
lay*
11%
11%
11'/a
11%
11%
11%
24
|24%
109%
70
,
33
33%
24
243/8
67
68 3/8
*108%
24
66
24'/a
.;
66
109%
*108%
32%
293/4
:
1097/a
293/4
31
*108
109%
*108.
1091/4
*108
112
*109%
112
*109%
112
42%
42%
38 £:
37%
*107%
31%
108 3%
26
26 Va
40%
36
41
39
.
107 y8
24%
38%
-
107%
/
25 3/4
353/4
107
24%
109
*109%
403%
367/a
107
243A
X393/4
>
X363A
*107
ll5/a
24
24%
*108%
STOCKS
YORK
40%
.39
37
37%
108
*107
25
51 -A
51
50%
205/a
203/a
207a
47%
40%
45%-
41%
421/4
417a
42%
25
50%
20
121
117
119%
116%
118
118
1097s
•
32
39
r
V*
1087a
215/a
118
Aug 27
:
*
STOCK
Chatt
Acme
Corp
&
—
St. <Louis
Co
-National Aviation Corp
5
^National Battery Co—.,
——4
National Biscuit Co common
,.10
,£•>7 % preferred,
100
Nat
•-
Bond' & Share Corp
National Can
253/a Jan
16
41% May 31
3
*49%
■
•
40
Aug 28
283/4 Jan
Aug 30
34% Apr 17
Feb
20
27 £ Feb
20
323/4 Apr
193
No par
,
'•<
Aug 30
243/a Aug 13
1
24
Feb
26
37
1
173/4 Jan
4
23
Nat Enam &
Stamoing
No par
1
National: Gypsum Co
$4.50 conv preferred
No par
.National Lead Co
10
14
25% Aug 27
323/a Aug
29
■
:
£.-;,
Aug 28
23% Aug 28
102% Aug 16
32% Jan
3
-4
108% Jan 24
12
207
July 29
Aug 15
173
Apr
Co
49
,1
25
Z-No par-
Corp
.National Sugar Ref Co
National. Supply (The) Pa—
$2 conv preferred—;
4%%
60
Fibre
(J J)
253/a
51
20
42
116
117
500
66,100
2,800
•
Aug 28
-1% Aug. 27
80'/p Feb 26
29% July 26
18'/8 July 23
24
Aug 28
£
21
fan
35
Dec
72% May 17
83
Jan
59
Deo
65
Apr
85% Nov
•l'3/4 Aug
38
1
Apr 25
25
Jan
18
15
32
Jan
29
263/4 July
£
2,400
1
.100
10
24
July 24
53%
Jan
106
Feb
4
8
.293/4 Aug 28
107
Mar 14
110% May 28
38% Aug 28
"29
Feb
26
104
Apr
9
Jan
106 y4 Mar
Feb
Central
preferred series A
,2
10% 1 Jan
323/4 Jan 30
15% Mar
79
30
May 22
109% Aug 29
43% May 24.
110% May 27
111% Jan
30
Jan
<
103: ii;
Feb
36
Deo
24 Va
Deo
33% Mar
107 y4
Deo
297/a
Deo
14% Nov
28%
Deo
61%
Deo
108% Mar
Dec
37
Dec
106
Oct
109
N.OV
105%
Jan
110
NOV
35
50
Aur
20
32
Aug
47%
Deo
45
Jun
27
18 3/a
Jan
38%
Deo
109% Jun
19
Xl6% Aug
27% Deo
24% Aug 28
343/4 Apr
-5
No par
No par
Brake
N Y Chic & St. Louis Co
6%
22% Aug
15 /
26 % Jan
1
York
9
101 y2 July
24% May 27
101% Jan 24
preferred
.100
Newport News Ship & Dry Dock
1
New
Nov
16% Mar 15
4%%
New York Air
Dec
167
10% Aug 21
41% Feb
4
Aug 27
.
50% Aug.29
69 % Jan
18
45
Mar
58%
Oct
16
21%
Jan
35%
Deo
100
40% Aug 27
32
Jan
75%
Jun
•
-
Jun
Deo
.11% Aug 28
pf<L.100
Mining Corp,.
Deo
199%
1021/4 Nov
common-No par
Newport Industries
3,700
.
£20%
42
Newmont
26 Va
Sep
152 I Sep
177.)
£ 10%. Jan
No par
preferred-
54 V» NOV
108
37Va
1
1
Deo
Nov
'
Jan
24
2
:43A%.conv serial preferred.—100
6,100
180
Jan
42% May 10
i.10
Co—
Nehi Corp
Neisner Bros Inc
'"3%%
10
Jan
13
19
100
1,
Co.—,;
Vulcanized
Newberry Co
17
37
xlOl'/s Aug
No pat
Tea
Natomas Co
v
10
,40
preferred
National
.Nat
40% Apr
9% Aug 29
29
4
National Power & Lt ex-distribution
Prpducts Co_L
National Steel
33 y4 Jun
,—
,
V-"
No npar
National Oil
19%
38
9
673/i Jan
32% Dec
12% Mar
13
Jan
24% Jan
22
34% Jun
Deo
Nov
__
May 31
Aug 12T^
45 y4 Apr
Deo
Deo
41 Ye
Apr
31%
-
20 %
13% Jan
5
29
2
46
National Linen Service Corp new,,1
Nat Mall & Sc'I Cast
213/4 Feb
July 23
26
164
2,100
£
30
45 % Jan
-
391/4
195
20% Jan
19
New Jersey Pr Sc Lt Co 4%
108
181% Oct
37
34% Jan
Deo
"Deo
3
10
/Nat jDairy Products
No par
.National Dept Stores new—
5
Nat Distillers Products new—Nonpar
327/a
x34%
16
No pa*
1
153/8 Aug 30
Feb 25
Dec
——
—
Nov
Deo
Nov
19 Va
23 V* Mar
Corp
.'National Cylinder G»s Co—
,
<
,
413/4
1
Nat Cash Register
•Nat City Lines Inc.,
National Container
100
20
"
29
t per share
373/4
9% Mar
13% Jan
37% May
205% Apr
v
Highest
56
16 Va Mar
25
■ :
25% Deo
35%
.20yo Jan
2
347/a Jan
19
30% Aug 29
share
20% May 28
21% Aug 27 /
14V2 Aug. 28
•
£.:£
15% Jan
Jan
15
52% Jan
32 3/a Jan
preferred B
10
S per
351/4 Aug 39
1
Range for Previous
Lowest
S per share
18 Vb Aug 27
B
100
6%
2,000
Jan
115
Jun
Year 1945
Range Slnee January 1 '
Lowest
Highest
195 % Jan
112
535^54
page. 1223.
;
100
500
109%
2
66% NOV
2,000
:
8
Jan
1,200
:
May
114% Jan
-
53
3,600
,
*103
20%
see
68
*1091/4
54%
121
•
109% Nov
97y8 Mar
6
27% Aug 24
48
1.1
2,100
£
.:.
241/4
*66
112
22%
47%
footnotes
££11%
109
54%
'
'-'£:£
;
Deo
Jun
800
183/4
Deo
18%
70
1,400
105%
18%
47%
Jan
59
8,700
7
£30% ~;30%
67
22
For
*104%
1097a
."'293/4 "32
'
108% Jun 27
Oct
Jan
9%
663/4 May 29
13
Deo
3,500
:
183A
1097a
1091/4
*109%
*65
£
313A
24%
24%-
24%
69
*108%
V
31
(
*24
.19
rwa
;
109% Feb
preferred A
128,700
90
£,18%
105%
*12
v,
27
18% Aug 28
36% Mar 21
—I
100
7%
500
"13/4
x89'/2
.243/B
34
:
1043/4 Jun
—No par
com—*—.
,
31%
22% Jun
Deo
6,100
1,800
52%
1%
92
V
May 31
25
26
20
10
36
Jan
16% Feb
140
:
30
*50
ls/a
*19%
.-.ft"...
44
21%
16,100
166%
9%
29%
.
*32.
■
Z
1
52
•;£•£"
10%
32%
"
23% Mar
32 y4
Dec
Jan
8,400
345/8
204
1%
Dec
Nor
40
32%
1%
33%
13
300
243/a
ao%
•
Jan
48 y4
Nashville
7,200
37i/2
£
26%
:£/£
:
:
247a
*202%
.
21%
Class
Nash-Kelvinator
7,100
5,700
*105
•10,4% 105%
.33%
16
P241/8 Aug 28
'27% Aug 29
15
4,500
7,200
1
20%
39%
900
32%
21%
>28%
Deo
34% Jan
No par
5
20
National
205
39
|
54
| per share
500
373%
21%
1
Mar
EXCHANGE
;10,000
283A
16%
*195
61
41
Deo
21
Jan
NEW
4,300
is y4
207
63% Deo
;197a
17i/4
Deo
29
15
473/4 Mar
1
29
Deo
24%
Jan
Nat Automotive Fibres Inc
205
76.
17
' Jan
9,100
163/4
47% Jen
135% Jun
62
147a
59
Deo
57% Aug 21
56
14%
193/s
36
22
4
147a
*203
*203
July 25
July 26
743/4 Aug 28
;■
1
25% /
Deo
25y4\Jan
Apr
55% Feb
2,200
31%
52 Va
,
21
Airlines
19
Jan
36
Jun
National
305/a
8
53
9,400
•25
Apr
3
22%
31%
Jun
-70
2
"
25
497/a
Jan
22%
30%
Jan
22
233/4
*24 3/4
16 y8
793/4 Aug 23
30% Apr
3
19%
251/4
32%
23
104 % May 29
14%
/
Jan
22
70
'
Jun
52
14% Aug 28
29,100
34%
16%
521/4 July 29
126
Shares
3574
34%
Jan
46% Aug 28
Sales for
19
18%
//•'
5%
71
23
23
*25%
■
19%
343/4
24
IC
the Week
I per share
,f per share
,
35
22
Aug. 30
Deo
17% Jan
45
.4%
'
Friday
Aug. 29-
Deo
37
preferred
..50
Myers (F E) St ,Bro—.No pat
£*
500
Thursday
124
Jan
50
4%% preferred™.
Murray Corp of America——
90
Jan
29%
23% July 15
No par
Co—
Munsingwear Inc
Murphy: Co (G C)
9,900
*67
15 >
19%
21
200
2,800
109%
May 31
10
I
$7 preferred—
140
-
473A
37%
34
16
Muilins Mfg CO
15
t per share
STOCK
15%
Mueller 'Brass
109%
Wednesday
Aug. 28
21%
1,000
6,100
SALE PRICES
t per share
18 VB
•
t
19
/
61
*57
50
19%
106
15%
46%
59
2,500
393/4
Deo
Mar 25
44
173/4 Aug 28
A—No par
Motor Products Corp
•.Motor Wheel Corp
•
*18%
27
13%
7ya Mar
Oct
129
323/4 Jan
5
new
$2.50 'cum pfd'J—
Morrell (John) & Co__
300
1,500
28
*1053/4
41
15%
/Tuesday
Aug. 27
23% 24%'
#£1616%
49%
193/8
£
200
24%
Co
series
Feb
58%
42% Mar
"
'
if-
1.25
No por
Moore-McCormack Lines Inc
6,000
49%?'
:^7%
'18% V
40
•
i
EXCHANGE
CLOSED
37
49%
19%
49 %
LOW AND
Aug. 26
48%
109%
(
-59
Saturday
Aug. 24
28
.59
24 y4
106
106
3 9%
15%
63
27'%
.
281/4-
18%
41
*109%
££ *48
243/4
241/2-
47
:
106%
40%
16%
49'/a
48
20%
*18%
<
24%
19
27%
106%
109%
*48
28%
■
*57
y*49
Chemical
X45
20
££ Receipts
1,300
28%
100
Tool,.
preferred
30
93/s Aug 29
323/4 Aug 28
Montgomery Ward & Co.—No par
37,000
-w
Mach
Monsanto
$3.25
77.
%
50
Vi'ii
•
Monarch
600
6,800
76%,
75%
48
24 Va
533/4
*76%
27
t"
r.
40% Apr
No par
preferred series A
Mohawk Carpet Mills
Mojud Hosiery Co Inc new
5,400
!
1161% Aug 27
par
.__1 ':£•• 113/B Jan
3
No par _JT5
Aug 22
-..10
29% Mar 13
Impl
7%
125
59
50
243/4
19
41%
109%
.;.
*56
56
56
700
49%
s
*49%
50
27%
48
29
15%
77
27%
58%:
57 J/4
*121
76%
<■
7,000
523/4
55'/a
76%
281%.
34%
:57%
125
No
Corp
Mo-Kan-Texas RR
3,400
33%
58
76%
24%
,,£
343A
743/4 -.751/2
50
25
25
v,
*55%
<
52
:
■
*115
130
74%
.
293/a
27%
54%
54%
53
56%
*120
78%
60
93/4 V
93/4
32%
29%
*50
10
36%
19
££'
57%
56%
95/a
.
& Mfg_
$6.50 preferred
34%
19 -y
•£/.
39
*126
'
'34%
34%
34
21%
*38
r
9%
34
3
100
Mission
f
'
*37%
Regulator
pfd series A
conv
1,800
14%
*110
Minn-Honeywell
360
50
-
100
20
116
Aug 28
Aug 30
35% Jan
61'% May 29
1"}c:
Tnn
in
103%
Jan
148
-
Jun
1220
THE COMMERCIAL & FINANCIAL CHRONICLE
•••••-■
'
\
Monday, September 2, 1946
•
■
NEW YORK STOCK RECORD
Aug. 27
Aug. 26
Aug. 24
I per than
STOCKS
Friday
Aug. 29
ft per share
Bales for
Aug. 30
Thursday
6 per share
tper share
f per share
PRICES
Wednesday
Aug. 28
Tuesday
Monday V
Saturday
HIGH 8ALE
AND
LOW
the Week
NEW
YORK
Range for Previous
STOCK
EXCHANGE
Range Sine# January 1
/
Shares
6 per share
22 %
~~%
23
22%
23%
22%
23
3,600
N Y
32
32
34
100
New
-*68
69
69
69
200
*300
320
*1073/4
109%
"*70
17 y»
17%
1,700
223/4 >23%
~
STOCK
*29%
*29
38
32
67%
733/4
EXCHANGE
67%
*29%
*285
320
*300
320
109%
*1073/4
109%
*1073/4
109%
18%
17%
173/4
17%
17%
45%
%
259
41%
42%
*41
253 %
261%
*126%
258%
255
258
128
127
127
*126%
128
/
%
%
v'
31%
443/4
X30%
13
31%
12%
N
44%
31
8,800
20%
♦111% 113%
26%
25%
*111%
*22
:'•
:
i1:
•-'
>-'
•
■
ZS;117//
'■■
■
50 %
50
50%
50
143/4
14
20%
20%
20%
20%
*111%
112%
*111%
112%
27%
25%
23%
24%
22
22
22
26
:•>■
27%
:
,
117
110%
13%
14%
13%
116%
116%
116%
109
116%
26
26
*116%
44
44
43%
43%
43
32%
32
34
33%
34
173
173
*168
173
*167
30
*28
30
*28
♦102
104
*102
103
102
§4
81
82%
82%
*167
•so :•
v
14%
14
14%
13%
21
21
20
21
72%
72
72%
70
70
14%
5
/
r.
;
37
36%
37%
36%
36%
42%
43%
43
43%
42%
43%
65%
63
63
63
63
*62%
63
62%
63
38
X37%
39
37%
152%
154
152
176%
174
176%
176
25
8%
8%
6%
8
8%
16%
;
8
70
71
115
*111
115
:■ ' t
7%
7%
7%
35
33%
67%:
69
4%
4%
4y«
45%
42%
43%
30%
32%
31
31
16%
17%
16%
17
:-y'i
75
i.^y/*72^
*72
53% ;
51%
73%?
53 Vi
36%
10%
38%
32%
27
.
\
/Vi' ?
27%
;
=•■
*37%
.
•114
X\-
.
v
4%
4%
4%
43%
41%
43 %
31%
31%
600
17%
16%
16%
16V4
16%
17%
17%
17%
17%
17%
10%
*10
40
"
37%
116%
*114
27
37%
2,400
7,400
Penney
7.90DS
11
10
10%
9%
10
400
24%
24
24%
23%
24
2,700
40
300
22%
24
22%
35%
33%
35%
44%
443/8
443/8
60
66
62
29%
v///
•
11
34
*107
11
;
/Monday
Aug. 24
I per share
«ver
STOCK
•
73
EXCHANGE
i per
share
14%
15,
28%
I per share
14%
,
67%
70
38% i
38'/8
71
71
69%
70
68
*111
113
120
29
*32
120
*119Va
167/a
15 y8
16
14%
30 y4
29
30
46/*
43%
*lliy2
112
*111%
*105
107
106%
*28%
30%
*27%
127%"
*124
65%
*124
67
*27
30v
34%
*27
35%
*108%
n%
98%
25%
26%
38%
.38%
16%
'■.vi? 14%
9
133
86
86
*85
87%
*21
•
23
23
I
k
^
:>i7
26%
50
20%
27
*108%
45
42%
112
106
43%
112
31
9,400
112
106%
.
106%
29%
100
124
62
61
30
*25
28
,
62
*25
33%
33%
*108%
,
i
.v34 :- '
110
*108%
140
;
29%
128
61%
100
.
124
50
7,200
34%
600
110
*125
*98%
98%
40
XJ?2
25%
-
24
25 -y
21%
*24
*197
208
*208
37%
9%
8%
15
.
85
20
14%
*131
80%
213
21%
22 y8
6,200
24%
24%
24%
1,500
*197
*208
38%
213
& 37%
9
9
14%.
130
83
81
83%
19%
20%
22%
18
26
25
50
*47
/ *16
18e
i
14%
138
83%
25
19%
.
*197
V;
38%
Si
131
*208
-
38
213
83%
19%
38%
9Va
8,300
7,700
14%
•7,400
20
80%
130
84%
60
19%
19%
1,200
18
18
18
*16
18
25%
25%
X25 Va
20%
"
17%
Deo
Feb
82
9
4
133/4 Feb
26
Apr 80
227/s Jun
16% Aug 27
17
32% Jan
2%
22%
22%
67
Jun
79% Jun
59
4
28'% Feb
12
Feb
43
17%
33%
Deo
30%
Deo
24
20%
33 y4 Aug
24% Deo
46% Nov
49% July 16
37% Mar
49
2
& 68
20
115
100
22
100
8
preferred
10% Mar 13
of America
Pfizer (Chas)
Jan
06% Nov
14%
Jan
43%
21
July
38% Nov
19
Jan
92%
Jan
43% Jun
119% Nov
109 y4 Jun
17
63
Jan
116%
43% Mar 18
■•26
Apr
105%
Nov
108
Mar
8
Jan
13
Deo
11
V.
109
Mar 12
14% Apr
13
1,900
'■$
200
Pitts
Plate
5%
preferred
5%%
Plttston
1,700
20
20%
10,000
Pressed
300
4J/2%
3.300
Procter
63%
64%
62%
63%
63%
55%
53%
54%
X55
102 %
>101%
.102%
1021/4
102 '/a
XlOl
39%
37%
39%
36%
36%
55%
101
38
55
55
6,000
101%
*
101%
500
37%
37%
2,500
Co.
Pond
Poor
Creek
fit
Publicker
$4.75
29% NOV
117% July 29
122
117
Aug
1
14
July 24
27% Aug 28
47
Jan
5
17
19% Feb
42 y» Feb
27
71
Jan
28
105 y4 Feb
7
112
Jun
10
102
Aug 27
25% Feb
27
36
123% Jun
20
130
par
Feb
27
28
A
class
conv
pr
pfd
30% May 16
106y8 Jan
134
100
Mar
10% Jan
197
203
Co Inc—
ser
Industries,
Inc
preferred
Sep
Apr
34%
35% Jan 15
25
Jan
7
3
* 8
Feb
16
85%
■j
8
20%
Dec
8
15%
Jan
26% May
Feb
30
202
210
Mar 29
14
8% Aug 28
14% July 23
Jan
7
65% Jan
3
Mar 25
4
31% Mar 12
Deo
106
-
Deo
23%
Nov
25%
Jan
190
Deo
205 Va July
15
39%
Dec
44%
Deo
30
6%
Jan
12%
Deo
8%
Jan
15%
Deo
Mar
117%
49% Mar
69%
Jan
96% Jun
92
14
May 28
34% Jan
Aug 28
22
99
18
68
1
Feb
91/Jun
1
29% Aug 12
>~55.
67
Deo
27% Deo
33%
Deo
Jan
25%
Deo
Feb 16
16%
Jan
26%
Deo
71% Apr
18
27
May 14
105% May 22
July
1
55
Mar
i
Jun
Jan
Feb
41
Jun
;
Jan
62
6
43%
12 Va
63% Feb
19
22
17%
July 24
Aug 29
Jan
24%
51
44% May
198
2
50
33% Feb
Jan
Jun
7
Aug
27% Feb
30
26
21
12%
'
Oct .!
Jun
July
19% July 24
XlOl
Sep
11%
22% Feb 16
141
Feb 27
Aug 22
X21% Mar
,
j j
Feb
126
14
Jan" SO 31% Jun~14
18
Deo
48% Jan
18%
5
Deo
-
108%
198
No par
No par
•
May 15
Jan
35
37% Nov
Jan
106
Deo
59%
105
Sep
118% Aug
8% Mar
15% Feb
Deo
124
>
Jan
5
19% Aug 29
5
Jan
Mar
U
July 11
Aug
83
No par
14%
111
11
Feb
100
Public Service Co of Colorado—.20
74
113
Sep
Jan
41
No par
A
107%
Jan
May
123
—1
Deo
44%
18
J.
NOV
10
110
37% Aug 28
> :
8
July 16
136
21% Mar 13
23
100
100
Jan
8
2
Apr
19%
44%
73% Jun
12
97% May 17
1
B
Car
July 20
122
12% Aug
31% Mar
56% July
106% Aug 27
V 49
par
100
100
B
Gamble
cum.
Jan
10
class
preferred
&
25
No par
Pocahontas.
Steel
34
No par
100
100
(The)
Co class
Oct
25
1
Co
Plough Inc new—
Plymouth Oil Co
20%n
64
ser
Deo
29% NOV
.-No par
Coal Co
—1
Pittsburgh & West Va
Pitts Young & Ash pfd
20%
52%
1st
Dec
115
Jan
No par
Bolt
preferred
Deo
71%
>
21%
25
Pittsburgh Steel Co
7%
36%
40 Va
Jan
1
July 10
May 16
117% Jan
100
Louis RR
Glass
57
30% May
27% Feb
No
preferred.
Screw &
n 15% Nov
Jan
Jan
25
No
Wayne b Chic Ry
Pitts
9% Jan
19% Aug
25
106%
Chemical Co—No par
Consolidation
Pitts
ft per share
18
3
5
100
100
Pittsburgh Forgmgs Oo
7%
May
May 23
76% Jan 22
8
$5 conv preferred
300
6.3%
&
7
27% Feb
Iron
Hosiery
C & St
May
No par
Coal &
Ptllqbury Mills Inc
$4 preferred
3,100
56%
9
par
No
com
Philip Morris & Co Ltd
4% preferred
3.60% series preferred
Phillips Jones Corp.
7% preferred
Phillips Petroleum
18%
64
6
80
x48
26
Corp
49%
51
16% Feb
5
Jun
preferrca
25%
51
2
Highest
ft per share
J 00
Co.
preference com
Coke
share
21
Phila Electric
C
I per
36 y8 Jan
111
Pitts
Deo
Year 1945
13
Apr
35% Jan
1
par
Philco
Jun
41%
Lowest
Highest
ft per share
P«f
Nn par
Si Co Inc
& Read
Nov
Range for Previous
65
4.4%
,
17
363/4 Jan
132
Lowest
25
50
Phila
Deo
Jan
Range Since January 1
;
EXCHANGE
•/?./; ydiiA;;':
.
Nov
46
30%
69
19
40% Jan
22% Aug 30
4 ;
25
Dec
Jun
28% Aug 30
88% Jan
May 22
Apr 22
513/4 Jan
Aug 27
33
Aug 28
106% Apr 12
Apr
16
Jan
100
113
27% Jan
69% Feb
14
Jan
Nov
111
47% Feb
27
111% Jan
Deo
19;
373/4 Aug
100
100
Deo
Jun
11% Aug
28
115% July 15
21 % July 24
33% Aug 28
X40
100
May
49%
Jan
16% Feb
4
25
Jan
21%
303/4 Jan
Aug 29
110
8
12
Jan.
573/4 Feb
45% Jan
23% Mar
„_10
Co
Pfelffer Brewing r?A
18%
52'/a
Deo
24% Mar
Oct
X18
21
10
50
Ry
Jan
49
Phelps-Dodge
Corp
Philadelphia Co 6% preferred
$6 preferred
No
48
*50%
R5%
Jan
6% Mar
24% Jan 29
32% Aug 28
No par
NEW YORK STOCK
18%
56%
37
Deo
No par
2nd
y
49
*47
64
64
39% Nov
30
33 %o
Petroleum Corp
18%
:
18%
51
1,060
*83%
22%
19%
.
*196 Va
22%
51
30
-
81-
22%
25%
~20
>
9V8
*125
81%
*196%
50
Light Co
RR
preferred
Pitts Ft
14%
9%
15
83%
♦196V4
23%
22
'
38%
Feb
Jan
100
Milk Co
Pitts
98%
86
18%
5%
Pet
Phoenix
;
*98%
22%
20%
28
13,200
8,500
P«%
51
1223.
27%
July
73% Deo
29 %
No par
Pere Marquette Ry Co
5% prior preferred
$1
*20
15%
98%
19%
page
120
15%
P8%
51
see
8,500
2,400
21%
footnotes
*119%
*125
53%
39%
28%
15%
*29%
.
28
28%
*124
580
113
120
106
110
20%
For
v
6,100
14,000
33
*111
63
*51%
*101
*110
*31%
43%
44%
112
108%
34
*47
50
68 %:
32
X28
28%
337/a
*16
20%
68
113
15%
15%
2,500
69
38%
10%
132
22
19
120
120
14%
67%
*31% •
31
*25
Corp
Eastern
Shares
37%
110
106% Oct
21%
7
Pepsi-Cola Co
Sale* for
10%
85
&
the Week
10%
20
26%
1,500
10%
*196 %
23
10%
10%
132
Power
4%%
10%
83
'■
*196 %
{>$'£
//
39%
133
800
68%
*110%
128
60 Va
23
208
<?'V
15%
AH
22
25
i
14%
'
X28%~ 28%',s
*29
•
68%
29
*124
*197
213
•100
11%
9q%
/
23%
*203
nvl
110
>
♦130
11
ico
*197
■
30%
66%
*130
11%
23 %
...
43 Va
♦111
*106%
34%
*108%
*130
45
112
106%
29%
*34
110
27 Va
128
63 %
94
35
110
38%
y
33
28%
16%
45%
:
113
*112
33
*119%
1,900
ft per share
14%
67%
36%
30
7
14%
14%
72
♦32
21,900
23%
Aug. 30
I per share
40
28%
29%
Friday %
Aug. 29
69
32%
*113%
■'
m
37%
f:9 Va
*32
■■■
Thursday
Aug. 28
113
*111%
1,300
128%
10%
Dec
Deo
21
10
Peoria
11
14%
x80%
Jan
29
Co
400
♦90%
May
1
39% July 11
Oct
111
73/a Jan
par
Corp
mkvsm 23
*33%
110
*39% Nov
Apr
Sep
4 % Mar
56
STOCKS
Wednesday
72
71
/
10%
103/s
Penn
*107
25
Jan
48 % May
1
Pennsylvania Salt Mfg Co
Peoples Drug Stores Inc
Peoples G L & Coke (Chic)—
95
14% Jan 10
90'/a Apr
29%
35% Aug 13
Corp
700
110
Deo
13%
106 %
28% Jan
5
300
35
*107
20
9
22
Apr 30
66 V2 Apr
4% Aug 28
35% Jan
3
No par
preferred
HIGH SALE PRICES
share
■'■/40%/41//
CLOSED
AND
33
Coke
Pennsylvania
22%
Deo
Deo
20% Apr
111
33% Aug 27
No par
Glass Sand
Penn
15,500
28%
12
29
10
1
No
Airlines
Cement
26,200
*112
5% Jan
Aug 28
10
32%
Jan
16% Mar
Jan
27
26
108% Jan
Jan
Mar
6
ley*
7y8 Aug 28
par
Enterprises
56
235/a
Oct
July 24
70
2.50
106
125
7 *90%
k *33
90
&
Penn-Dixie
23%
56
30%
*110
Coal
Penn
5%
45
105%
>
23%
23%
24 y8
No
Ford.
34%
,
x60%
Jan
57
Mines
(J C) Co
23%
.45
v"
59
X29%
29%
116%
,
34%
% 106 %
23%
110
10%
Aug. 27
15
; 74%
14%
90
*114
35
*56
106
126
33
Tuesday
Aug. 2G
,
25
♦107
\
vll//.'Z
10%
.
22%
•115
^94//
34%
110
LOW
Saturday
29
23%
34%
'
*36%
..
116%
24%
x44% v45//v/
107%
*22 Vz
25%
126
?/ *92
36
110
,
59
105%
30
24
♦115
100
36
*107
29
28
*93
.
28
126
*120
♦56
107% 1083/4
22 / ?■
25
30%
*25%
7 V> '•
*114
23%
35
44 /
25/: /
'V
*37% ,40
37%
48
1
Co
&
Penn-Central
24%
,
&
1,300
35
45
*60
Penick
73
51
36%
*108% 109%
Mines
50%
24
.
Patino
72%
116%.
Deo
Nov
6
<
33%
373/4
89% NOV
107 % Jun
_1
new
Parmelee Transportation
3,200
50% / 51
35%
,
&
343/a
*114
116%
23% Nov
46
6% Aug 28
par
Inc
Consolidated
Davis
34%
45
.
Utah
Parke
52
23%
22% Deo
34% Jan
23% Mar 14
1
No
Parker Rust Proof Co
73
♦10
Jan
Jan
4
1
Inc
Tilford
72%
73
Deo
56% Mar
preferred—..IPO
conv
&
32%
11
25
.
4%
Cos
Park
4,500
33
35
79%
42
7% Aug 28
Park
14,700
42%
X73
Jan
Jan
16% Aug 28
16
Aug 28
87% Jan
3
51
/
68
24
No par
Paraffine
1,300
16%
353/4
53
v
Deo
45% Mar
Airways Corp
2%
Pan-Amer Petrol & Tranep
6
Panhandle East Pipe Line—No par
4%
preferred
100
:
■
'''AV i
85
Jun
Paramount Pictures Inc
17
;
Jan
Aug
Dec
55,600
68
4%
74
10
115
35
•31
2
10
Panhandle Prod. <fe Ret.
67y8
Deo
32% Nov
175
16,000
1,000
33%
111% May 29
100
Apr ft
Jan
160%
7%
72
*111
Deo
168
Jan
22%
3
90
35%
17
Jan
Pacific Tin Congol'd Corp.
Pacific Western Oil Corp
500
100
68%
155
11%
Jun
171
6%
100
5,400
•
5,700
115
36%
100
W
;
16%
68%
4%
43%
-
Jan
149% Deo
447/8
34%
.
23%
121% Jan
108%
7%
34% Nov
6
*153/4
71
Deo
Jan
Mar
25Va
75
Deo
*118%
Jan
13%
35
*1083/4
7%
'
•111
35
70
*71
Nov
18%
40% Jan
25
Packard Motor Car
45
Deo
119
Aug 28
34% Jan 19
Pan American
15%
Jan
142
33,900
108%
Jan
34%
Jan
11% Jan
107
Deo
100
46,800
72
33%
68%
.
18
24%
106%
Oct
23%
No par
8
*15%
7
112
13%
35
13% Aug 12
Telep & Teleg
preferred
17
x44%
11
Jan
leys Aug
Mills
7%
*108%
Feb
120
107%
Pacific
16%
16
18
21% Deo
Pacific
8
44%
17% Jan
15
Jan
No par
17
108%
19
Jan
Lighting Corp
7%
43%
Jan
6%
12%
Pacific
16%
$108%
Deo
May 23
Deo
280
6%
:
Nov
2,500
177
6%
57
800
37%
25%
Apr
70
No par
No par
Electric
&
8
16
46
108%
*111
t'tt «;v
•
*175
26
46
Gas
17
7%
>^02'::
177
6%
*24%
•
3
Pacific
150
6%
25
71%
1
150
Deo
Jan
6,100
7%
16%
44
108%
570
75
10
16%
17
*16
vse»&0
37
151
*174
176
26%
6%
26
38
151
152
7%
'
•:
■■
63%
36
Jun >"3
xll9% Jan 14
Jan 30
Jan
7
Co
preferred non-cum
2nd preferred non-sum
'
39
156
28
'
38%
180% May
91
Deo
Jan
112
2
par
.12.50
112
17%
29% July 1
j 223/4 Jun 14
2
Jan
15% Deo
Jan
Jan
26% Mar
Aug 27
Jan
Deo
31%
Jan
9%
11
.51% May 22
39% Feb
2
28
19%
105%
Oct
50%
Jan
11
19% May 15
2
166
37%
24% Mar
Jan
25
-
26
32
-No
Oo.
Glass
Coast
Jan
27% Feb
100
1st
50
36
115
2.50
preferred
Pacific
760
26
26
May 22
14% Aug
56% Jan
13% Aug 27
Paclflo Amer Fisheries
>
44%
7y8
vi?
14
7
26
100
No par
Owens-Illinois
71
Feb
19% Feb
100
Outboard Marine & Mfg
Outlet Co
126% Nov
393/4 Apr 20
16% Feb 16
1
0
com
258% NOV
Aug
55
Apr
21% July 19
25 y8 Aug 28
107% Aug 29
10
3,000
21
•69%
38%
28
; -v*M
•20
71
36
39
Elevator
Jan
118
36
108% Jun
20
No par
Otis
219
117
13% Jar*
100
convertible preferred
5
3
18
2.00
pfd
19
Aug 15
45
No par
pfd
Jan
129
23% Aug 28
36% July 23
50
102%
18
53
26
Jan
39% Nov
Jan
288% Apr
12% July 23
No par
6,300
44
39
do"*
14
20
29% Feb
Feb
28%
283/4 Feb
11
111
16
May
113% Mar 18
3
Jan
100
Oppenhelm Collins
l60
Jan
121
No par
4.40%
325
41% Aug 28
246
1
•
19%
13%
Co
5,900
80
38%
155 /
176
v.'
£
78%
44%
*63
Deo
Telegraph
1,500
:
20
44%
-
110
37% Feb
106% Apr 30
T7 % Aug 30
10
Co
4%%
6%
*36%
v
.
Oct
Sep
Omnibus Corp (The)
8 % conv preferred A
150
a
102
14
*69
:
410
50
Oliver Corp.
410
3,700
.
29%
*100
82%
Edison
Oil
172
•28
101
81
14%
22
*70
'
•166
29%
101
81%
80%
172
29%
102
*21
•
.*116% 117%
.42
42%
32%
33%
43
32
Mar
0
Oklahoma Gas & Elee 4%
5,300
,
107% 107%
14%
14%
117%
45
34%
*28
Ohio
Ohio
400
44
162
100
Airlines
Northwestern
21,800
34
*168
Northwest
100
24%
14%
19
Norwich Pbarmacal Co
21%
26
28
100
Norwalk Tire & Rubber
111% 111%
107%
NOV
Jun
Aviation
1,000
24%
14
American
1,300
21%
25%
65
275
pfd
14%
24%
107%
Mar
Ry
non-cum
203/4
21%
14
Nov
41
Industries
Western
*20
23%
25%
29
3
60
14
•21%
110%
25%
110%
14%
>14
Jan
76
Ry Co
Northern Pacific Ry
370
503/4
17
7
Northern Central
4,400
143/4
112%
North
31,800
39%
24
112
14%
243/a
39
22
22%
27%
*111%
,
.
233/a
40 3/4
21
15%
21%
*21
25
40
413/4 May 28
Jan
North American Co
190
24%
&
Adjust 4%
14,700
13
117%
Aug 21
24% Feb 27
RR Co
Noblitt-Sparks
Highest
I per share
< per share
57
Light 3.90% pfd—100
SLlpbldg Corp part itk
1
Norfolk
123/4
*115
22
/
Power &
Y
50
395/a
50 y8
*143/4
N
510
25%
15 %
50%
N Y
300
.
38%
15%
Y & Harlem
f per share
Lowest
No par
Dock-
128%
23%
50%
York
$5 non-cum preferred
256%
30%
13%
117%
•115
117%
♦41%
256
*126 %
._No par
.No par
City Omnibus Corp.
Highest
f per share
Par
"
■
Year 1945
Lowest
66% NOV
i
THE COMMERCIAL 4 FINANCIAL CHRONICLE
Number 4521
.Volume 164
1221
NEW YORK STOCK RECORD
STOCKS
LOW AND HIGH SALE PRICES
Aug. 24
tperthare
107
EXCHANGE
107 V2
111%
112
117
CLOSED
23%
25
107 / 107%
111% 111%
116% 117
25%
24%
STOCK
118%
127
,
,'v-
128
126%
59%
:
25%
.
60%
26
128
114
58 ,
24%
!.?M *113% 115 '■•••
125
113%
x,
56%
25%
23%
111
.
35%
24%
25
12%
*111
35%
i
35%
25
•24%
111%
116%
;
59%
36%
36
23%
Au^. 30
"
I per thare
22% 23%
106% 106 %
111
112
„
13
88%
117
24
*23%
24%
760
,
;
f
22% Aug 30
104% July 19
nhare
0mr
#
thare
ver
Highest
I per tharo
30% Jun
10
17
115% Jan
10
102%
Feb
115%
Jan
2
106%
Jan
126
Deo
138
not
Jan
•27%
Nor
Dee
109% Aug 19
114% Aug 19
119 Va Jun 20
No par
No par
-No par
100
No par
139% May 10
110
Jan
150
17
121%
Jan
112% July 25
100
8% preferred
Pub Ser El & Gas pfd )5
Pullman Inc
Pure Oil (The)
5% conv. preferred
Purity Bakeries Corp
.
Year 1945
Lowest
Highest
* it*r thare
Pub Serv Corp of N J com—No par
$5 preferred
No par
6% preferred
100
1% preferred
100
900
24%
24%
24%
Lowest
<
Par
115
90
57 Y4 ? • :
6,20V
24%.
13,900
112
/
200
35> ■: ,:' * 1^200
.
Range for Prevloua
Range Since January 1
NEW YORK STOCK
EXCHANGE
1
14,500
460
890
'. A, / 870
126
x23% 24%
106 »/4 106 V4
111%
111% 112
117% J 2; 116% 116%
116%
126
126
127
>,125%
113% & 114% 114% /V *114
57%
•> 57
•
57% '
56'
24%
24%
24%
23%
112
♦111
112
•111
35% ^ r ;/ 35Vi 3514 v, ^34V&
24%
106'A 107
114
112%-.ZY' 111
112%
• ver thare
$ per thare
ftver thare
i verthare
\
Sales for
the Week
Sharet
Friday
Thursday
Aug. 29
Wednesday
Aug. 28
Tuesday
Aug. 27
Monday
Aug. 26
Saturday
117% Feb
15
112%
Oct
69% Jan
15
47%
Jan
65%
Oct
17
Jan
24%
Deo
106
May
56
126
Aug 30
19% Feb 26
108
Jan
28% May 28
115% Jun 13
Mar 19
*148%
No?
118
Jan
112% not
32Va May 16
38% Feb
4
23%
Jan
3ft
Not
19% Feb 20
25% Aug 13
16%
Jan
22%
Deo
lV/a Aug 28
87
Feb 7
15% Jan 3
109% July 16
19
Jan 23
96% Mar 19
28% Apr 24
112% Feb 11
39% July 26
49% Feb 6
33
May 14
39 Apr 9
Quaker State Oil Ref Corp.
R
13
'13%
89
88%
89
20%
21%
:
19%
*109%
.
•109% 110
20%
110
45'-.
45'V
43%
44%
24%
24%
37%
377/a
22%
37%
24%
37%
23%
/
24%
22
23
Z'
/;•
24%
49
*47
50
*47
50
*37
40
*37%
40
*37%
40
24
*23
24% V
*22 %
24%
*108
112
•108
97
98
24%
102:
*108
x • 'V;
37
37%
20%
■
97
29%
17
12
17%
28%
36%
24%
27
*106Va 108
31%
33
*114
116%
33%
117Va
23%
23%
23y*
42
43,
40%
'
>• i
48%
;Vb0v»ev
197%;V S *106%
23%
42%
49%
107lU
30%'* 31V*cX29%
10%
,
10%.<r
25
53
:
14%
>
^
V>
50%
50%
24%
25%
.
V ;>
;7:.
55%
53%
54%
32
30%
30%
10%
9%
9%
93/4
43%
41%-
42%
40%
18%
18
18%
20%
r
53
30 y*
18%
-
58%
32%
10%
•
20 Ya
■"/ 19
9Ya
,
18%
20
33,900
183/4
18%
3,300
1,700
19%
17%
17%;
•111% 112
21%
22%
23%
22%
343/4
34%
34%
333/4
34%
293/4
28%
29
/
*83
22 3/4
82
82
36
333/4
35
13
12%
12%
11%
8%
7%
20
6,100
Sheraton
73/4
8%
7,300
4,700
Silver King Coalition
Simmons Co
300
17%
18 Ya
70 y4
74%
67%
43%
105 JA
•/ 65
& 42
58 Va
23
63
63 :
39
40%
42'.""'
v/ 5%
5%
59
S
57%
•180
48
53%
Z
58 %,
v"
37%
36%
37
35%
30%
29%
29%
29
54
60/
59
/
82
•21%
21%
~vi 8% '"
8%
/^/•97
/102
<47%5.48 t
S,281/a«281A
s>'99%
*43
T
115
45
111
51%
51%
57%
57
35%
46%
26%
27%
23 VB
21%
96%
98 Vo
95%
17%
43%
♦110%
16%
18%
44
::
115
44%
111
■
'•*
23
1
41
44
119
130%
56%
45%
77%
28%
♦107
17%
♦50
For
131
57%
46
126%
55%
44
40%
116
130
56%
45%
76%
77%
27%
107%
107%
17%
16%
17%
52
50
50
78%
28%
108
footnotes see page 1223.
37%
116
557/a
19
193/4
4,000
8
" /• 8%
7,500
v/b
*16%
>
8%
■-./
♦163/a
17%
♦100
103%
*41
44%
27
21 vs
-■•..126%
22 Ya
•;
45%
23%
v>
17%
17%
*45%
1143/4
41
*109 5/a
17%
300
103%
20
45%
400
27%
9,800
22%
23
97
96%
97
18%
17%
18 va
48
43
-,
*114
1143/4
-e
44
115%
26,700
Conv
40%
41%
4,700
109%
200
28%
126%
55 y8
42%
73%
26%
*107
15%
*47
373/4
39%
40 Ya
115
116 3/4
1163/4
11G
128
127
128
126% 127
39%
-
39%
117
25,600
800
55%
553/8
56
55 vb
553/4
2,800
16,800
43%
42
43
42%
433/a
14,000
75%
27%
108
74
X26%
*107
75%
21 va
108
,72
26 Ya
74%
28
22,800
4,500
107%
107%
300
163/4
13,400
16%
16%
167/a
16%
49
487/a
48 Ya
*47%
50
200
$4.50
D
preferred
7
Jan
$7
223/«Jan
5
Standard Oil of CalifStandard Oil of Indiana
Standard Oil of New Jersey
3%%
Standard
4%
of Ohio
preferred series A
Steel Spring
conv
preferred
Jun
Dec
May
13%
Jan
Oct
Jun
21% Dec
28
Dec
25% Nov
•
79% Nov
22% Not
69
July
70%
Nov
24
Aug
36%
Dec
5% Mar
May 16
20% Jan
12%
Deo
Jan
46 Ya
Dec
Feb
44% Nov
j
30% Mar
51
172
May
1
:
28
13
Jan
3
7% Aug 28
96
29% July
13% Jan
18 Y4
4% Aug
20% Aug
May 15
5
59% Feb
May
1
193
36%
Deo
8
40%
155
Apr
40% Oct
Dec
7% Dec
60%
Dec
Dec
Apr
180
Not
26%
Not
17
Jan
37
>
Jan
24%
Dec
70
Jun
27
38%
Jan
62
not
65
Jun
17
32%
Jan
60%
Dec
90% Jun
397/a July
3
Jun
24% Jun
Dec
July 11
60 Y8 Feb
26
78 ya Aug 28
Jun
48% Jan
Jan 15
48
9
84
Dec
22%
/ 18 y4 Jun
3
8% May 11
Aug 30
53Ye Aug 30
48% Mar 13
Dec
22 %
55% May 27
2
33 y4 Feb
65%
Aug
41%
24 y4 Apr 17
91
21%
15
7
108
Feb 20
15% Mar 14
5% Aug 27
14% Aug
Jan
11
Z 27% Feb 16
21
22% Jan
3
33% May 27
>.
18
64%
Jan
87% Dec
Feb 15
80%
Jan
93
30% Apr 23
13 Ya Jan 29
11%
Jan
21% Dec
/ 96
/
6% Mar
No par
1
No par
5
27
May 13
92% Jan
14
104
July 16
80
Jan
Feb
No par
40% Feb 20
51
May 24
32
Mar
1
2
26% Aug 27
40% Jan
30
20 y4 Feb
26
397/a Apr
10
12% Mar
par
93% Feb
26
109% Api
10
76 ya
Jan
165/a Aug 28
24% Apr
39
Dec
Dec
12% Dec
25
No
5
prior preferred
Standard Oil
18
85% Jun
28
18% Aug 28
.100
Co
prior preferred
114
Jan
74
61
8
25
Squibb (E R) & Sons common
$4 preferred
No
Btandard Brands, Inc
No
$4.50 preferred
No
Standard G & E Co $4 pref—No
$6
'
24%
Oct
12% Mar
h 87
7.50
Spiegel Inc
Square
109s/a
43%
110%
Spencer Kellogg A Sons
Bperry Corp (The)
37
7% Sep
16%
16
26% Apr 29
Jan
17 Ya Aug 28
15
tr ctfs
Bpear & Co
$5.50 preferred
130
110
stk
Spalding (A G) & Bros Inc
Sparks Wlthlngton
6,400
500
preferred
Ohio
Dec
61% Not
Oct
91 Vt May
Jan
54
No par
100
&
Feb
393/4 May ll
30%
Southern
Railway'
Oct
14%
17% Mar
107%
32%
13
California Edison
non-cum
8
3
13,000
20%
*100
Corona Typewriter-No
Southern Natural Gas Co
5%
35%
May 31
No par
Socony Vacuum Oil Co Inc
Not
28
22% July 11
Jan
38% Jan
20
Iron
& Sons Carpet Co
cum preferred
Mobile
7
56Ya Jun
23,500
.,,30
46
37%
&
56
115% Mar
not
29
24% Jan 17
Jan
Aug. 27
41% Feb 26
No par
1,000
*42%
16
6
Southern Pacific Co
79%
Jan
19% July
110% July
8% Mar
14% Feb
1,800
50%
37
Highest
$ p*~ thare
Aug 14
113% May
7
No par
15
:
Steel
(A)
Southern
per thare
1
3,000
91%
115
113
Deo
17% July
29
'
119
34
11% Aug 28
35 3A
53 Ya
91%
X95%
43%'
Sep
1
8
35%
♦28%
79%
95%
111
-
4,900
91%
115
41%
Oct
21
3
172
79
*44
•110%
48
43% Jun
58%
19 s/s
46%
277/a
Mar
Dec
20
Southeastern Greyhound Lines
5
South Porto Rico Sugar
No par
8% preferred
100
*88.:;.
17%
100
33
27% Feb 26
172
36
Deo
29% not
Not
66
par
par
3,700
10
Deo
12%
6% Aug
19% Apr
40
77
par
52%
...
31
9
23
No par
No par
$1.20 preferred
Smith &
Deo
>18% not
23% May 11
20
par
South Am Gold & Platinum
53/a.
29
x29
8%
7%
16%
100
47,600
28
40% Feb
57%
180
*175
19%
48
•114%
Z 45.
•110%
8%;
17
100
Jan
32% Apr 18
9,500
79
44
46
115
-
49%
78%
::'92%'
21%
«
r-18%^l9
••
••/V 5%
81%
26%
-,123%^124 1
*98
>5%
49%
•47
.
r
5%
300
16 3A
26%
Jan
49% Apr
•
2
34
/,
36%
■
Jan
b 37% Jan
16% Aug 28
100
16%
Dec
Jan
36
par
36%
51%
8%
16 ya Mar
10%
Oct
106
Dec
♦105%
:
16%
38
Sep
16%
8
Mar 30
20% Jan
Mines
Oil Corp
3 V2 %
May
61
July 11
1103/4 Jun 28
Aug 28
55%
•95
100
;
Aug 28
50%
*16%
.
99%
46% not
14%
63
80%
•
r18%i'18%
37% Mar
Mar
39
56%
19 Va
Deo
40
8
104
51
21.
Dec
23%
Jan
17% Feb
10
49%
•19%
117%
Jan
9% Aug 30
20
54%
78%
Jan
14%
31%
Not
Smith
52%
♦89
98
Oct
71%
Smith (A O) Corp
57%
93
Dec
30%
40
57
•90
91%
not
37
Oct
1,600
54 %
.82
91%
110
Jan
Aug
1,100
49%
:
55 a
;
Jan
15 Vt
not
24%
65%
43
29%
v
87%
Dec
33%
115
22 y4
65
36
30%
Jan
8
108
58%
180
Jan
18
40%
52%
57
♦175
184
Jan
77% Feb
65
16%
,
18
Aug 27
41%
•36%
5%
19 y*
11%
34% May 29
116
267/e Jan
Corp of America
Sloss-Sheffield
Deo
102%
15
8kelly Oil Co
Deo
18%
39% Apr
53
64%
♦105% 108
16%
.
Sinclair
23% Aug 28
64%
38
•36%
•;223/4
36,700
1,700
/ 64
•
7
•/: 41-••
1'05% 105 y4
107
37:
-
>
/A
16%
184
150
*22 Ya
17%
54 V*
53%
•181
1,000
22 7/a
223/4
38
53%
19%
223/4
16%
5%
17%
68%
19
19%
38
5%
17%
68%
20
*19%
17%
5%
173/a
68
19
40
17
173/a
173/4
69 ye
18%
"67
44%
53
*52
68
17%
67%
23 Vt
•105%
105%
*38
433/4
52
67%
V
8%;-;/
29
7% Aug
■
/ •
1
Slmonds Saw St Steel
7%
8%
Deo
102% Aug
Year 1945
9 per thare
Aug
2
17% Aug 30
Staarpe & Dohme
No
$3.50 conv pref ser A——No
Shattuck (Frank G)
No
Sheaffer (W A) Pen Co
-No
12%
45
43 %
110
36%
Jan
Lowest
No par
Sharon Steel Corp
113/4
•
Jan
18%
,
Highest
23
110% Aug 14
Shamrock Oil & Gas
12% r
52
'*223/4
1,600
?£&
Jan
1
$4.50 preferred
12
44
^
21%
82
*78
53
1
Servel Inc common
12%/;
45
23 %
3,400
76% May
No par
Seiberling Rubber Co
Shell Union Oil
52
.
,
106% Aug 12
5
3,100
52-
203/4
.
7,000
6,700
Dm
'
>
No par
33%
43%
•/:. *22%
10
Deo
31%
Jan
99%
'
.
24% Apr T 8
177/a Feb 25
21% Feb 21
40% Feb 16
118
Apr 20
31%May28
110% Jan> 8
45Vt Jan 15
136
Jan 16
28V* Feb 16
46% Jun 6
50% July 31
108% Feb 25
38
Jun 10
20% May 28
44
Apr 29
13yaFeb 5
30% Jun 3
65
May 29
' 84% Jan 8
,
26% Feb 25
Co.
33%
53
</;'
/
3
No par
Corp
&
Roebuck
Sears
Seeger-Sunbeam
34
47
19 y8
22%
34% July 19
9
82
53
>•
101
May 18
50 % Jun s 3
3
,
12% Jan
100
A
Corp
Seagrave
333/4
■
443/4
18 3/8
22
Deo
Jun
27% May 11
24% Feb 26
No par
series
preferred
80
82
48 f:
76 Ya
10,800
87
21
213/4
Paper Co
$3.40 cum pfd
5%
Deo
143
112% Aug 30
8
1.75
No par
No Par
Corp
Distillers
Bcott
34%
82
53%
18
A
7
8%
X21%
23%
*82
87
*82
87
::/'-2i;// 21%
21%/
82
/
29%
287/a
*82
90
23%
75%
'
18
33 Ya
48
f
19%
18
♦111% 112%
20%
*52%
»
900
353/4
8%
t
10
9%
17 y4
'
..
23%
90
69% July
17
Jan
Deo
137
f
100
Seaboard Oil Co of Del
413/4
273/4
Oct
<>
5
1,600
16%
18%
1
102%
9 per ehare
;
—
55%
30
40 Ya
111%
30
28 Va
4
105% Apr
Lowest
>■>'.•
30Y4
54%
30%
17%
12%
j
56
22
28 3/4
46%
Jan
.
.•
29% Mar
60%
Jan
11%
,
July 16
Mar 13
''
Jan
Mar
17
>45% Apr
7
Aug 28
'
•
19%
38% Jun
36%
Range Since January 1
Seaboard Air Line ctfs
34
31%
1
Deo
Not
Deo
Range for Previous
35,800
5,200
26%
25
42%
35%
>
263/4
16%
82
•
160
36
*223/4
-
*1063/4 107
107
24
•82
,
Schenley
100
35%
31
tv
11,900
56
407/a
173/4
..
43%
25
Jan-
43
125% Jan 17
Mar 19
49% Aug 28
34,100
250
42
111%
.
,
16
111
112% Feb
4
Deo
July
Aug
Apr
25% Feb 26
V
V,
Lead.
13%///
83%
•55 Ya
233%
.
■!'
St Joseph
853/4
133/4
:
93/4
18%
*111%
7
-
STOCK
'"a/.:'''/ .'■/
:
2,700
>
16% ,18
19
18%
5
■
8,000
50%
9%
111%
18
19 y8
•:,
•111% 112% 1,/
.
EXCHANGE
133/a ■;
56%
♦30
-
NEW YORK
Safeway Stores
5% preferred.
Savage Arms Corp
54
56
32%
,
80
7,700
7,700
320
600
2,400
7,600
400;
9,600
1,400
800
'■*
19%
Mar
33
31
Republio Aviation Corp^^«i^.-l >14 Aug 28
Republic Pictures -——50o
10% Aug 30
$1 conv preferred—^«««.10
16y4Aug 28
Republlo Steel Corp--i^JVo par
29% Jan 2
6% conv prior pfd ser A—*.100
110% Jan 4
Revere Copper& Brass——No par
18yeMarl4
SVtfe preferred
—
100
106% Mar 11
Reynolds Metals Co
——No par
31
July23
5%% conv preferred
100
112% Aug 30
Reynolds Spring
1
19% July 24
Reynolds (R J) Tob class B—-10
37% Jan 2
Common —'.———————10 >, 43
Feb 18
Preferred 3.60% series
100
104% Jan 2
RheemMfgCo
1
22'A Mar 11
Richfield Oil Corp
No par
14
Feb 20
Ritter Company
——No par
26> Feb 26
Roan Antelope Copper Mines—
9% July 25
Royal Typewriter—
1
23% Aug 30
Ruberold Cn 'The)————No par
43% Mar 13
Ruppert, Jacob—————5
24% Mar 14
ths Week
sharet
29%
25%
42%
;
; •
.
-
*
Oct
Dee
34%
July 23
Jan
90 y«
18%
103
33% Feb >4
53 % Jun 20
46% Jan
9
;
,
Jan
Jan
7% Mar
Aug 26
Aug 28
Aug 28
101% Mar 8
1
Motors, Inc
Sales for
1123/4
85%
107
106 7/a
23%
23
'
2,100
28%
84%
*56
26
:
28
50%
13%
13%
86%
57
106%
10
24
51
1123/4
■>;/
29
113 Ya
113
107
/
••
Aug.30
9 per tharo
51%
28 Y4
28'/a
82%
• •
100
1
series
10y«
78%
STOCKS
9 per tharo
57
>
58 :>■/
Reo
z 14,100
13,500
2,600
52,900
100
14,900
10
7,400
No par
Preferred with warrants
3,700
29%
Friday
Thursday
113 Ya
12%
13%
87%
100
95
27%
19Ya
95%
32%
Manufacturing Co—No par
Conv pfd 3%%
Remington-Rand
110
13,900
9%
23%
50%
28
Aug.29
*106%
107 y4
29
27 Va
''
7
v"
12%
84
•57
59
•106%
*51%
28%
Aug. 28
113
Reliance
100
Reliable Stores Corp
c 14% 15%
10% 11
16% 17
33% 34%
*113Z
114%
25Vt 26
*108
109
32
33
112% 112Va,
23ya
23%
40
41
*48
49
106
106
K 28
28%
16% A 16%
3iya 32 y4
16%
34
loys
24%
51%
28ya
24
28%
27 Ya
29%
113 7/a
92%
•57
16Vi
*32%
9%
17
33
10
24%
51
49%
52
27%
>
14%
90%
: ■/
.7
51%
113%
29 Ya
114%
1,200
*
28%
,
f per tharo
I per tharo
52%
29%
114%
-
'/
Aug. 27
I per tharo
STOCK
54
29%
& Co 1st pfd
(Robt)
3
3
106% Jan
100
2,300
-40,w
•
21
49
38%
21%
50
50
0
Hosiery
#•. A
15%
11 •
17
16
Silk
Reis
150
104% < '■
39
•101%
30
28%
28 Ya
LOW AND HIGH SALE PRICES
Tuesday
Wednesday
Monday
Aug. 26
CLOSED
40%
104%
2nd preferred
Preferred
96
96
97
39%
1st preferred
non-cum
19%;
19 Ya
♦101%
non-cum
4%
Real
21% Jan
37 Jan
50
1%
36
♦33%
40
33
9%
24»/a
51
27%
25
28
54%^ 54%;*
29% i 29% s
EXCHANGE
:
34
,34 •
.'
9%
10%
>
25%/35%:«
f per tharo
30y8
17%
16%
17'A^17%>1
••••.:*34y«-»v35i\«v
*96
97
Reading Company
200
800
96
203/4
102
'/ Z
110
34%
*20 y8
14% 15%
10% 11%
leys
16% 16%
33%
34% ;
34% 34%
*113% 114
113% 113%
25
26ya
25% J26XA
*l06ya 108
108
108
31% 32%
33
33%
*114 ,116ya
114% H4y2
22
23ya
A 23y8
23%
39%
40
40
40%
.48
48
47% 48
106% 106%
106% 106%
> 28%
29%
-r 29%
29%
14
10%
11
117%
107%
28
29%
,
•113% 116
28
28%
♦106% 108
•48
37%
102
15% >16%
11%
17
' 17%
,33%
35V*
•113% 115
17%
35%
*96
97
42%
103
:
'
98
34
21
*105
96
110
♦96%
35
19 Ya
36%
*
11%
33
32%
*102
; *
30%-:
16%
36
21
♦96
433/4
103
101%
36
si
97.
43%
112
20%
2Ly»r
*102
98
Z'24/Z
24%
No par
No par
Radlo-Kelth-Orp* 7Um
1
Ralston Purina Co 3%% pfd
100
Raybestos Manhattan
No par
Rayonier Inc
1
(2 preferred
—
-25
Radio Corp Of Amer
$3.50 conv 1st preferred
100
49
40
24%
60,300
600
42,000
10 '
2,100 1
5,600
1,700
12,700
"
217/a
21%
22%
>
37%
50
*100
Ang.24
41
23%
37%
*49
111
•
21%
22%
23
40
.v
'
*37
*108
Saturday
'Z 21
'
39
38 V2
/
V
■
12Va
12%
♦88%
89%
197/a
20%
110 » 110
50
*49
,
117/b
12%
12%
12%
/,
88%
88%
88%
89
19% t 20%
20%
20%
*109% 110
: »109% 110
x41% ' 42% '>>
40% 40%
22%
22% Z/
23%
23%
37%
37%
37% 37%
1
Par
par
oar
par
No par
No par
No par
25
25
1C
100
15 Ya Mar
33% Feb
112
Jan
21
55
31
110
May 10
Mar
9
'
7%
27 Ya
Jan
107% July
28
Jan
20
95
Dec
Sep
44% Nov
39
Dec
23%
Dec
99% Nov
40% Dec
Dec
116
49% Dec
115% Aug
407/a Aug 30
1095/a Aug 30
May 13
115Va Mar 21
111%
Jan
3
603/a May 28
2%
Jan
135% Apr
67 y4
Jan
121
149% Apr
78%
Jan
134%
38% Jan
49%
Dec
Dec
30% Jan
55
,
33 Ya
Nov
Dec
Feb 26
5
6
59Ya Aug 13
493/4 May 31
33%
Jan
44%
627/a Feb 26
78% May 13
56
Jan
68Ya Nov
113
125
Aug 28
Feb 26
42% Feb
37
26
205/8 Mar
6
May
7
106
1
15% Aug 28
—50
487/a Aug 29
19% Aug
27
108% Jan
17
105%
Dec
108
Feb
16
9%
Jan
30
25
July 11
20%
Dec
Oct'
Nov
Dec
& FINANCIAL
"THE "COMMERCIAL
'CHRONICLE
Monday, September 2, '1946
NEW YORK STOCK RECORD
'
■
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
Monday
Saturday
Aug. 24
Aug. 26.
■
*tpershafe
1 per share
Aug. 2?
.*■;
>
'
lt per share
26%
26
Exchange
53 Ya
54 ya
51%
»108Y4
109%
*108%
-20y2
32 y4.
20%
19%
■Hi':
•
-47
25%
•x24%
'49%
50%
108%
l18 y8
19%
'28%
'21%
29%
109%
20
21
17
:
v
'
21%
31%
29%
33 y4
'21%
21%
21%
•'
19
19V4
18'
18%
17%
30%
26%
28 Va
26%
17%
16%
*51
-51%
50
72
*105
106
72
*104
106
71%
71%
71%
♦124
I24y8'
124%
124%
124y8
15%
*108%
ioy4
io y2
9%
54%
52%
53%
17
14%
9%
10%
54%
16
16y4
al00
--—a
..
5% ipribr
51%
50
51
15%
14%
15%
26%
26%
27 y2
27%
26%
27%
136
136
140
140
140
12,000
4,200
52
53
51
52
50
51
47%
47%
46
47
'44
50
!
45%.
*48%
47%
x45Va
46
43%
18
*18%
19%
*18
19%
18%
400
Ir
'
18
*18%
197/8
;
37%
37%
/
32 y4
32 y8
•
29%
108%
11%
.29%
31%
*107%
109
109
10%
108%
'11%
31%
32 y4
32%
32
36%
37%
37
11
:
32%
29%
107%
,30 y4,
108% '
32%
•10 Y*
•T4%
14 Ya
8%
9Ya
19 y4
19 :j/4
29%
108
10%
: 11
*14Y4
v
15
•
.
10%
9%
9%
#20%
'V',
15%
*93/4
21%
i"9%
20%
63
65
64%
i
;
54%
56
21%
'
;
27 Ya
28
18%
19 y4
19 Ya
51
'
17
;
38%
37
38
55%
54%
54 Ya'
20
14%
59
56 Ya
57 Ya
8%
8%
16%
49%
15%
18%
17
<*'■■■ 54%
*110Ya
110
7
8
7%
49%
•48%
.
-
57%
110
111%
;13%
28
'
415
_ioo
,
■•
:.■•■'
v
Taicott tnc
Mar
x36
"
5
Tennessee
Jan
24
Nov
Jan
33%
18%
Dec
16% Nov
109
Dec
57
Aug
Dec
Dec
109
73%
119% .Oct
"5% Aug
127% Mar
Dec
9%
18
10
Mar
25%
Dee
22
Aug
33
Deo
May 24
79.-
Jan
137
Dec
Aug 2l
55
25
Jan
40
Dec
31
Aug
24%
Dec
§0%
Apr
39%
Nov
18
MS 22
41'/a Feb
5
36V4 Jan
8
28% July 24
107
Jun
2«
"41 '
24
"
8% Aug' 28.
J.B
17
Jan
52
Feb
13
26
Jan
Jan
7%
38% May
43% Nov
Jan
~13% "Dec
Dec
13%
Dec
48%
Jan
62
Dec
6%
3
14
7% 'Jan
11% Jan
15
25% Jun
4
25
~7%
19i/iMay 16
11% Jan 25
;
31% Mar
29 " Apr
11
Feb
109% Aug 20
16% Jan 28
10% Aug 27
8
Corp-^._^,___„i
lOYa
18%
10
Apr
160
Aug 29
31% Mar
:
^.5
i
Oct
35% May 29
5
f.:;
v
(James)
Dec
22
'
pfeferred:>__™-;.._:—No npar
Symington Gould Corp
1
Telautograph Corp_
28%
18 V8 .'Jan
May 28
24
Mar
36
$4
18%
50 Ya
37%
;:55: 77
36%
Texas Co
4,600
•,
.
'•'
,
7,400
"Texas Pacific Land'Trust J
Texas & Pacific
48%
46 Ya
;•:. -59.:
Jan
10%
Dec
Jan
^V/e Nov
Aug
31% Nov
19% Dec
7%
55
111%-
*109 Ya
'7%
7s/a
7Ya
46 y4
46 y4
73/8
46%
17%
7
•
/
•
45
45
3
Jan
20%
Jun
26
65
May 28
Jan
55 %
Jan
7
50
May 15
14% Mar
31 Ya
NOV
Dec
Aug 23
16
Mar 14
26% May 10
3
61% July 26
9
30 Y* May
12
s
Feb
70
20
Jan
i
17
49
8% Apr
9% Mar
17% Feb 18
" 6
56% Aug 28
8
Feb
16
*7/
20% Jun
13
112% Jun
July
106%
12
13% Jan 29
,
I" *
64% Dec
15% Mar
Jan
45
69% Jun
19 % Dec
68% Nov
112% Nov
Oct
4% Jan
29-
Jan
31'
Jan
••1
y*v/ v-
y
Dec
9%
'
68
Dec
Dec
18%
53% July
10 % Aug
21% May 14
18
Mar 14
107% Apr 15
7
Aug 28
45
Aug 30
—
.
32% Jun
Feb
36%
18%
13%'
30%
54
;
350
:;■!
:
5.
13 % Aug
$2% div conv preferred———.50
Third Avenue Transit" Oorp._No"par
1,900
400
Tliompson (J R>—a-—'uUi.
-—23
2,100 / Thompson Products com—- No par
4% preferred —4.
100
36% ;
9,200
Thompson-StarfeU Co—-—No par
500
$3.50 cum preferred———N(. par
16%
54%
109 Ya
60
60% Jun
27
par
—1
a.
18
3
16% Jan"
———No par
common
4
Jan'
42
pfd_____——No par
conv
•Thermoid Co
21:
July 11
22% Feb ;25
—100
No
68 y4 Aug
9% Mar
48
1
—
.Ry-Co—_-
Co-
The Pair
•'
3,000 7
17%
18
55%
Xl09%
111 Ya 7
400
13%
15%
16 Ya
*17
x54Ya
S2.40
320
/
19
■
59 Y4
61
••
*15%
I6Y4
17 Ya
55%:-7
55
19
13%
.
Thatcher Mfg
700
37"%
55
c
.T4:^7v^&
133/4
——.1
Texas Gulf Sulphur^—_a_No par
Texas Pacific Coal.& Oil10
2,200 /
19 Ya
51 Ya r
-
(The)_:w-_—
/Texas Gulf Producing-:—
8,300
4,600
:
.28%
19 Va4
/
*19
133/4
56
par
Dec
56% Aug 12
21
12,500
62 Ya : 53
-
28% r
// 55
7 /
20
13'Ya
*17%
•
'
Ya
51 Ya
,
37 Ya
.
-
21%
16%
r
18
*109%
51Ya
57%.
59
1
14% Aug 28
26 % Aug 28
__23
Nov
1
55% Apr
1,400.-
:
.No
"14
26
44 y2 Apr
Jan' 21
'
50 Ya
13%
60
;18
•28 Y4
53"
*20
14%
14%
60
17
29%
54%
21%
13Ya
13 y2
53
20%
,
50%
:
41
.,
12Ya
52%
13 Ya
538/a
19%
:
63 y4
62 Yi
63 V*
38%
55
#39
61 Ya
•
•
12%
77
62%;
••
7% Feb
Oct
106
25%
|24 % Aug 13
Aug'27
800
20Y4
62
19Ya
9%
18
10c
45
'
28
29%
20%
55
; v
:19%
.,
;
;
Apr
38
1,100
*9Ya
20Y4
9
9
53
56%
53%
20%
.
*14 Ya
14
12%
54
29%
77!.
55%
14%
*•14%
-
117
Dec
47
17
78% Jun
18
v..
'-15
15
15%
26
tper share
Aug /
101% -Sep
May 17
_1-1Q
5,500
,
Feb
share
34%'July
24 V4 May 28
R410
:
y
Highest
16
: Jan
10%: Jan
88% July
64
34.
13
23% Apr
,
Mar 18'
iper
i
14
"Feb
23
s;::
par
"Swift International'Ltd-V6yivania Elec Prod's Inc
—Nonpar
4,800
200
30%
*106%
11--
10%
10%,
6,800
3,700
32%'
31%
31%
30%
109 y4
8
Sweets Co of Arti (The) hew^$4.16%
"otfiu
Oo
"
L_io
300 "
36%
106
12.50
Xuthetland Paper Cr>__
1,700
36%
36%
X36
37
900
48 y8
18%
:« Jan
-.100
superheater Oo (The>__
Superior Oil of Calif
"Superior, Steel Corp
-
;
17% Aug- 28
No par
.No
9
26% Aug 28
15% Aug 28
__i
Class-A pfd (4%% cum)
Sunray Oil Corp_„___».
8unshine Biscuits, Inc
Sunshine Mining Co
43,600
2,500
10 y8
9%
51%
Xl5%
15%
21
(The)-.
Corp.
:
123 72
10
9%
9%
52
140
146
*140"
124 y8
:i
shark
53%.Jun
26%;Aug 26
63
May 10
100% Aug 15
26% May 31
•39% May 13
.v
18'/a Aug ."28
24% Jan/ 7
Webster^-.—par
Chemical
Sun Oil
-
*
105 7/a Jan
20
i
$4.50 series A preferred
71
146
:31%
Sun
v
*140
/
Stone
i-
preferred
t per
Feb .26
7X24% Aug 29
41% Jan
3
5
Stokley^Van Camp InCi.—.
124
'41.
Year 1945
Lowest
Highest
Sper share
par
Inc—w-—-1
StewaftrWarner Ubrp—ii,;
*1
14%
29%
28
29%
29
Stores
Studebaker Corp
50%
I
Par
(The> L 8
19 y8
16%
72
125%
Lowest
108%
19
106
Range for Previevs
Range Since January 1
tbterung Drug lnccotamon
3 y2 preferred
•
16%
,'^J
v
STOCK
■7 -.7
Sterchi Bros
*24
28
17%
243/4
18
29 y8
106
■:17:*■:;•.'■
.
JSiferrett Co
*45%
30%
21%
'•
54
i per
47-%
•
STOCKS
YORK
EXCHANGE
#pershare
)
48.
15
26%
"
25%
*108%
48
48
26%
CLOSED
Aug. 28
,
$ per share
50%
STOCK
*48
;
;
NEW
Friday
Thursday
Aug. 29
61%
Jun
25
Deo
v
'
21%
110%
22%
noy4
23%
22%
109%
23 y8
22*4
noy4
53
•17%
17%
>-17 ^
'
48 >/4
58
110V4
109 Ya
109 s/8
21 Ya
20Ya
21%
50 3/4
49 Y4
-163/4
17 Ya
'
'443/4
113%
*112Ya
18%
19%
183/a
*112 Ya
113%
18 Ya
18 Ya
*104%
104%
51
54%
52
19%
8Ya
Xl8 Ya
113 Ya
543/4
Ya
57 Va
'
105%
•
65%
■
1053/a
7
18%
19 y8
>
I8V4
56%
57
•
55
17%
7-
18%
8
'
52
•:;53
•
r
/>65
65 V*
•533/4/ ;■•
77 v'
18%
18%
08Ya
.
*18Ya
59 y4
58%
*18%
19
•
7
16 Ya
../■rf 65%
17%
66 Ya
'
>17
LOW AND HIGH SALE PRICES
Tuesday
Itfonday
Satdrday
^
'Aug. 24
Aug. 26, ::
'
J v ;j ■$
# per thare
per
^
Wednesday
>
:
Aug. 27
:
173/4
>:
56
173/4
173/4
•'
;
'
430 ;•
prior pfd,
Coach
Dec
79
Dec
'T
18 Ye
■
4
71% Apr
30
16% Aug 28
28'% Jan
Jan
Oct
Dec
33
Jan
10'/a
Deo
Jan
112%
Dec
45% Dec
34% Mar
102
•Dec
56
:
May
106%
9% Jan
/
Dec
17
26% Mar
'
29
Jan
Nov
5
10% Mar
63% ^fay 11
79
May 11
106% Jan 10,
24
Apr 30
*
107%
103
«
8
Mar
3
'60
Lowest -"j yy
14%
52%
Dec
Jan
25%
Dec
;.•••• ;: Year
Lowest
.
Highest
iper share
v
1945..v-7":?■/;
Highest
I per share
80% May 27
•23% Apr 16
• per thare y
Jan
Dec
Oct
42
16
Range for Previous
Range Since January 1
;
Shares
Iper share
23
Jan
STOCKS
EXCHANGE
the Week
3
.
Mar
26
22% May 28
3
NEW YORK: STOCK
Sales for
Friday
Aug. 30
'
114
7
.14% Jan
10
0
Jan-
12% Jan 29
Mar 20
1Q2% Apr 23
_1
Co
.
Thursday
-Aug. 20
July 25 i
7% Aug 28
No par
66
33% Feb
23
•39% Jan49% Jan
Apr
iO!
21 ?8 May
16% Jan
Sep
50
14?
15!
71
'
101
20',
26% Jun
44% July 12
111
16% Jan
t
66j/4 Jan
•16% Feb* 26
.
1,800
Feb
112
8
Aug 28
Aug 30
3
-
Ttoln City Rapid Transit—.-No par
-:
5% conv prior pfdi
50
/
^
,
-
>
a//7
55 V2
;'faer riarer:H>$ fetih^r'e
tpkrsh'ara
share
7 Aug. 28
/
57
$4.50
1,100
18%
'
••
•
200
24% Apr 20
-2
L
Corp
No par
20th Cen Fox Film Corp-—Nonpar
•./• $1.50 preferred——.
No far
-2,300
106
*1053/8
7
22,200
7
64
.
Corp
Truax-Traer
3,600
,
52Ya
51 y4
: ' 64
new.
Transcont'l & West Air Inc-
2,200
18%
€7
Axle
2,000
^Trahsue & Williams St'l__—No.par
—1
29,700 ! Trl-Continental Corp—
$6 preferred
10
W
No par
T
H3Ya
18 Ya
Bearing ——No par
May
20
49
ItTransamerica
,
83/a
*112Ya
:
4,100
.
,24%,
:
73/4
.
*104% 106
1053/a
46%?
*23
■a
*
106
—5
Detroit
11,700
17
45 y2
Timken
Ttmken Roller
/,
7
18% Feb 26
.
12,000 /
50
.
163/4
■
?
20%
-49
17
x243/i
8Va
*112%
7
24Ya
/
20
:
8,800; "Tide Water Associated Oil—10
360
7r $3.75 preferred
No par
t
109
109
:
45%
.
22
213/8
,;517/;-v<7
16Ys
45 Ya
:"i
73/4
•
*64%
19%
21%
24Y4
70
104%
21 Ya
21
8%
56 y8
68%
50
24%
7%
19%
19
55
%/207".
1'7%
'
*23%
25"
,'8%
9%
112% 112 y2
:
7
52%
45%
49
*23%
1095/a
22%
22
51
f53
203/4
fc8% Jan.
t per share
::'VVJ
m
S3%
Stock
EXCHANGE
CLOSED
63%
17%
-
•17 y4
34%
37 108 */4
105%
*113.
114
-
61%
;
111, •7
106% 106%
25%
107%
"
27%
-
;
7
■
49 y2
36%
;.,:-35%
36
35%
?
4%
7
104%
#17%
17%
49%
.
15%
104%
■-.v:yy
4%
49%
15%
■■
49%
4%
49'-
'
T4Ya
102%
7
*
<
18%
48
'•"
32
>30%
-
''•'a93/4
10%
f4%
4Ya
49'Ya
'48%
•14
15
102 Ya
16 Ya
16Ya
»
*44
109%
°50%
23%
109%
'
*1083/4
13
12%
13
14%
14
14%
/
25
21%
24%
v
-121/4
".
'14
201/4
4Ya
T04
*106% 108
20
'
*19%
118% 119%
*106 %
19%
108
*106Ya
19%
115
205
/
1
205
*202
42%
'-42
-r
; '
*96% 100
761 »- 51
>9%
10
v;,-
32'A
24*y4
.;*ios/8
10%
49%
<9%
Z2Y*
'23%.
J'49'
49%
■
>•'
7
'
!*74
-59
•
.
Ya
•
121/2
:
21Ya
12Y4
7;12%
12 Ya'
f
im
Y
T3»/a
14 Ya'
r
--
'
22Y4
*85%
73
•65
69%
57%
47:
.
""57%
172%
57%
'
86%
311/4
r
22
23-
•'
174%
.
55
"-22%
7
'lOYa
'
581/4
68%
46%
•47
X46 %
72
*68
561/4
'
>
T9%
57%
621/4
"
-
.522%
12
49%
73
31%
,
*10%
74
453/4
*68
r
'
643/4
.65%
175-
174
56
54
S6Y4
543/4
.55.
84 3/4
85
641/4
'
*86
«
160%
'
25%
159%
•
*25%
26
*51%
'
83 L
88
161' "
53
'85%
'81'Ya
'
25Y4
833/4
.83..
1571/2
I571/2
157%
23
85Y4
160
94%
'84Y4
"156%
;
95%
X25%
.25%
53
*50
'
*51%
53
*51%
53
>51
•
'
6%
14
*110
-10
6% '
6Y4
■13
i4y8
*110
120
9Ya
11
50
50
*49
24%
25
24
•14%
103%
104%
'14 '
15%
*195
"42%
*99
198
42%
99%
For footnotes see page 1223.
:
"63/4
«Y4
•63/4
13%
12%
•133/4
119
*108
91/4
lOYa
*48
511/a
14Y4
133/4
•14%
103
*195
*101
41%
42%
99
99
.
103
195
198
.
195
3r
41
98
99
i^y«
120
X9V2
52
241/2
•fi34
*108
TO
233/4
i
8'3/i
13
119
25
103
:■
*84
;
-
85
700
3,000/'
r
1,600
47,300 7
1,400
2,300
v
52
63/4
13Ya
>108
13%
-
9Y4
9%
>48 Y4
1,200'
•
5,100
120
,
800
9s/a
il,200
51Y4
-
200.
'
"
24
2".%
Xl3%
•28%
23
y
14
*191
•
.
*97 Ya
14 Y4
lOlVa
101 Ya
2.000
U%
101
""101
40
Ya
198
*191
.
19*
2,100.
•
-
i06
4Ya %
50 3/4 Nov
'U S Playing Card Co——-J
4U S Plywood COrpi-—-—
9.
Aug" 30
"303/4 Aug 30
105/a Aug 13
•
l".
-166
230.
10
'U S Tobacco Coa—a—--j-No par -
,40%
393/4
40%
4,800
98%
98%
98%
100
'preferred———---———100
upiversal Pictures Co Inc——1
4Ya%
preferred
-—
——100
3
154
25
'60
-6
Feb
11
•97% Feb
6
89
-
Feb 16
166
Aug 28
Jan
Feb
84 % Feb * 6
Jan 21
.
Apr
Apr 22
80.
18
79Ya Jan
•
Jun
31
24<5
i
187,
Aug 28
02
Preferred A_r—a—-aa——a 100
8%
60 y4 May
67% May
July 22.
54
l43/4
Nov
Jun
Jun
Dec
52% Dec
88%
Jan
15'4
Jan
25
Nov
112
Nov
6% Mar
•U% Jan
103% Oct
16% APr
13 Y« Dec
/
26%
Dec
107% Nov
28
Nov
77
Jan
115
Dec
•77 :
^4
84
•
"60% Jan 12,
Feb. 26.
62 y4 Aug 28
0 8 TRPbber CO-aa-^-a:——--10
; 8 % 'non-cum 1st preferred—a100
VU S Smelting Ref & Mln_———50
Preferred —————ia-a———50
5
Jan
Dec
Jan
115 %
Dec
I3Ya Jan
38% Jan
•
■
6% Mar
0fO% Mar
TYa, Jan
;
34 3/4 Nov
553/8 Dec
12%
Dec
39
Dec
16% Dec
.
v453/4 Aug 30
-41
7
7% non-cumy)referred—„_a_28
'United' Stookyards Corp—_. -——-1
•United Stores $4.20 non*-c. 2d pfd-5
$6 epnv preferred———No'par
United Wall Paper Inc—
a—2
4% cum conv>pfd—
—-50
'Universal-Cyclops Steel Oorp——1
Universal Laboratories Inc—-—-1
Universal Leaf; Tob——No;par
2
13Ya Jan
Deo
Dec
"
106Yaj Oct
May 29
47% Apr 20
'08Aug 22
?62v May 32,
13% Jan 29
44
Jan 29
■25% Aug 21
UYs July 23
98 Ya Aug 22 /
—10
"U; s Steel Corp common-,:—No par
132
204y4 Mar
11
13
Aug 15
109% July '2
29 %Peb
2
Feb 26.
-
J3%
'
28
d73/4 Mar 13
--10
■———
Jan
-26
1
Foundify—.a-—--20
.
7
Dec
120
,
17%
H'O Jan 23
153/a July 11
18% May 17
82% May 29
I
Feb 26.
199
i
,6ep
,
53% Aug 26
22
38% Dee
-Aug
,
,9% Jan
U6
Jan
30% Apr 10
7
*
Feb, y4
108
/
Chemicals^—No par [
Co—_—u^,~No par
preferred
U:S PlpeRc
Aug 28
18 Ya Aug
preferred-x.it—-«l100
,C?orp——^5
4y4%. preferred
—-100
•
•;
38%
7Va Jan 29
56Ya July 25
.105% Aug 23
21Y« Feb 16
56
Jan 28
Aug 30
Aug 28
18
20 Y4
%
:6%
51Y4
*483/4
2,600;
!13,200
1
"82%
83 Ya
•156Y4 •156 y4
25
'25 Y4
...
100
1U S Llhes Co_;-—!—
300
T
36
May .1
17% Apr 12
July 23 v
23
•
Partlc & conv cl A———No par
600.
1,800;
•95%
26% Feb
7% July
.1%, Jan
'106% Mar 0
S Hoffman Mach
U S Leather
17,100;
'46 %
>173 Ya 175
f
-L54
";34%
'
85
v
.
62%
•50
•
US Industrial
"?900
72 ■>;•.-:
:37 : f
<56
U
3,100;
"10%
:
8i Fdy———8
7*
•..:
/
23 Ya'
82
66
I6Y4 Aug 13
16% Aug 28
45Ya Mar ll
XJ B Freight Co———^i-No par
-U S Gypsum Co_ii'—
-—20
1,700
-22Y4
0vlO%
56%
175
174
•
,46 Y4
*173%
653/4
•
Deo
Jan
.
71 Ya Mar 16-
.100
Secur^.^.—No par
$4.50 preferred ,u—yj.—No par
■
31%
Dec
40
40
3
U S Rs Foreign
50
9Ya.
62%
22% Mar
7
*93/4 Mar 13
1,600;
'483/4
t
31% Jan
i'3Ya Aug 30
'
303/4
11 y.
56
100
-483/4
/'■■■; 9
25
104
8
Mar 13
[United Rexall Drug, Tnc--—■—-2.50
1,700.
f
38%
*96%
■9%
3i y2
-.—a
Uhited Merch & MfrsTnc new com 1-
28
9
12
"United;, Faperbcfard—i—y-io
-700!
116%'
203
•"48%
9%
'<*
*115
'
48 Ya
,:
-4Va Jan
47 Ya Jan
.
•
Dec
45% NOV
18
26
2,500.
27,000;
'
'37%
July 24:
Feb
Dec
Nov
112%
,•57% May 10
91% Apr 23
93/4 Aug 28,
'
—
preferred
72 Ya
30
:•!
9
27%
151
Jan
37% Jan
119 ?
25
14,800
*202
f
33 y4 Feb
Jan
54% Jan
253/8 Aug 28
•35% July 15 /
/United /Fruit Co new-J-un—No par
Gas Improvement Co—:13%*
r
42% Jan
116
20%-Jan
109% Jan
100% Jan
7 29
; Aug
7
120 Y4 Mar 11.
Aug 30;
26% Oct
102% Dec
'
«May 11
•29
168% Feb
109 Ya Apr, 13
f United
5%
•
-39 Y4
35
--———-^—5
United Engineering
199 Ya
t
>106% 108
*18% •19%
200
..
*96% 100
.
9%
'
10%
>
'
48 Ya
'9 »/2
23%"
•'
60 ":.r
*68%
*961/^190
24,500
21% :-v 22 Y4
108-
39
19
311/4
yT0%
:
-
*106%
i:
200
32
22%
:
75
172%
31
.
:
108
19%
,
■
;21%
-
39
•
5,200
*1083/4
200
59%
10,100
:
<
109%
:. -T2Y4
14" •
..
141/4
C 481/4
50%
r
51%'
23
18 Ya
2
/United i Electric Coal Cosj
1,500
*1083/4
109% y
114.
-
•
•
'•:•;
v
50%
23
*18% ,19%
114 Ya 115 '
40%
41%
*96% 100
210
146
$3 preference
j
United tDyewood ;Corp—aPreferred _—;
1,9001
■
v;
United' Corp common—
••
1,700."
,
19%
38
'
?
5,5007
•
16%.
X
200:
82,000
:
18 Ya
1131/4
'200
115
*202
"181/2-
105
*45
50%
51%
231/2" > 24- y
*
'
/4%
49 ••.(:.•■
16%
t
"
.14Ya
*102
■,
26
112% Jan 24'
United: Carbon Co— .-1.^—No par
7United-Carr Fast ;Corp_-—No par
United \ Cigar-Whelan Stores——30c
23,700.
•
14
46
i
V
^United
700
49
23 Ya Feb
78% Jan
111% July
110{ May .1
107% Jun 28
July 24
"140% Jan
'
Biscuit Co—,;—.—No -par
600-
10Y4'
"4Y,
CalifQrnia4--'-a-—^5
-United Aircraft Corp—--a.
-8
11,300
100/ / : 5% /conv pre/erredy—
-100 1
United Air Lines Inc————.—10
15,700
'
323/4
15
Uhldn' Oil of
Apr 18
115% Jan 17
•
Oct
77
14% Jan
May
125.
v
10
Feb'25
106 3/4
29
-39
:983/4 Feb 20
Jun
:
3
Jan-
111
'Union Tank Car——No par
1,300.
'48%7.
9Ya
16%
-.
.19
•
38 3/41
*30%
.
23
; 106
!
743/4
:
.491/4
*102
^43/a.
-18
26Ya
,-74Y4
*16%
51 77
24%
19%
14%
A i'24%
41/4
46
•
.
Union Pacific RR Co—•——100
100/ C: 4 % "non-cum. preferred-100
H23/4
i"
*47%
v:,.
*45
49i/2
18 Ya
■/
26 Ya
37%
•
10%
49
vi"j
V 7bni0n Bag & Paper—
9,400
*,
353/4'
323/4
*14%
>
Co—-y-5
.5,500'
(
•
10;
-4i/a
49? 1 '•
14 V2
114
*112
39
*30 y4
;
:
141Y4
':v :•'. 35
27
75
10 Ya
1021/a
102%
1-7 Ya
13 s-
.v.;
33;
141Y4
111%
7
-741/4
..
58% Aug, 28,
17
July 237
-No- par
Asbestos Rubber
'Union
;
107 Ya'
*112",
48'.,;-,481/2
>
..
,y
*108%
20
18%
*108%
75
'.;24%
■
24%
24%
75
.
.
(-
;24Ya •i 24Ya,
; :
'.
-35%
261/4
48
77. r-
114
38%
■
107%
.
142%
111%
'
52
53% ~
*52%
t
'
10
26%
38
"n47%
•■;■:
24Ya ...25 ..v.:
X142 7
.?
113
37i/a
49%
n
^31%
*11'2
38 Y4
'
10%
7*9 y4
%7/
••'
-
*25%
27%
1131/4
37-
32% C"
10%
7
*112%
"49%
77%
";•■ *31%
107%
25
'26%
:
113%'
111
115
112 »/a
1023/4
*113
*109
145
;
100%
113%
'•241/4
49%
77%
'
1033/4
111
1433/4
*113
7
/Underwood C6rp
No.par
9,000;" 'Union Carbide & •Carbi:-;,v«—No pat
20
"Un El Co of Mo pfd $4.50 ser No Par
;
Preferrd $3.70 series—i—No par
290. ,L7 Preferred $3.50 seriesNo{par
11,900
i
*1063/4
107%
•
2,400,
.
'
102%
25%
\
41%
35
*109
H'4Ya
28%
113%
34
?
2,400
;
17%.
*113
.
149 Y4
.
61 Ya
vi 17%'
35..:
24%
;
>112%
34
144 Va
•
•
.
■
7:V 39;
'■i 107 >/2
171/2
341/4
1011/2 1933/4 •
>113
113%
*109
111 ,..7
107%
61%
-
17%
353/4
•
U53/4 /
38
34
.,.60%
...17%
60
114 '/a
151.,
37%
'.0- 1.7
.'33
*1091
*109
,
583/4
:
101% 104%
114
114'
111
;
150
>112%
17%
33
.
.
•L.25Y4
64
17-
•
U5 '
,
46
Jan
Jan
27% Jun
'51 Ya Jan
144%, Jan
57
Dec
67
Nov
48%
Dec
73%
Oct
176
Oct
52
Jan
77% Dec
72
58%
Jan
Jan
89
135 Ya" Jan
Oct
85% Dec
160
Nov
293/4lJan
14
Nov
17
.23%
*46
32
55 Ya Jun
Sep
50 %
Dec
9% Jan
•
4
28
4
Jan
8Ya
Dec
.4% Jan
16%
Dec
'
•63/4 Aug 22
•12 3/8 Aug 28
"106
;
-
20Ya Apr 10
128, " Jun 24
Mar 25
.
*98% Jan
121% Dec
"
11
10 Ya July 23.
50
21
.
94% Feb 26
187
May 14
38
July 24
95 Ya Aug
5
July 25
'27% Feb
25
-8% Jan 31
y4 July 22
54
Aug 23
Feb
-
22
-
1
Apr 16
110% Jan 10-,
200 Ya Apr
23
49% Jan
10
101
Apr
9
T6
Dec
Jan
25
5% ,Jan
Jan
110
Deo
200
Nov
75%
178
Mar
23% Aug
9
Deo
48% Dec
•
THE COMMERCIAL & FINANCIAL CHRONICLE
//:#yolum(M64vNumtiter^
NEW YORK STOCK RECORD
...
,
share-^
8 per
STOCK
/
£'■■1.
i
;
n
;/vv';//•/'.
;
J'v ■v.vJv..'P.-V:'*
21%
; 22%
;
-42
':42. ',
t49Va
21%
41
-■<41
■
X..;■; \ •;*:>.'lV <';{■/
r'; vy. v-/.' // >
/
>■'4 /•>
-•
.
:
".
;
*106
117
;
*108
9%
V^.'/. >.'• •
<
so
48
.,
52
83
97
45% ; 45%
•108
108%
47
108%
8%
8%
■:
Vicks Shreve it Pac
106.'/.
10
"
5%
non-cum
Victor Chemical Works,——
1,200
:
82
83
95
*85
.
•108
3% %
.108%
8%
8%
>
8%
83
oum
50
50
*50
50%
42%
*42
43
*42
157
157
*172
185
J'","'1-"
38
40
39
*150
165
*155
/
•
185
*172
':;./■/
800
200
38%
*155
*172
!
--
•'
.
*72
74
20%
40
41
/ 134
-
Chemical
_No par
.
■
86% Mar
10i
Dec
15
90%
Jan
103
Dec
May 28
24y«
Jan
2
May
15y8
€% Jan
30
24%
*
30
,
24%
32%
32%
^ 25%
37
25%
37%
.
13
13%
13%
14%
42'/4
41.1/8
41%
88
67%
87%
361/s
.
391/8
117%
*116%
117 V
ii6y4
120
*120
121%
120
113%
113%
*113%
117%
117%
116%
42%
43
113
47
Feb
26
39% Jan
4
38
97
xj(
-30%
>42
Mar 29
120
Mar
165
Dec
May 11
145
Mar
173
Dec
Sep
20%
8
72
8%
*16%
21%
49
105%
37
38%
31%
,v
42%
*91'/a
31%
30%
32%
>33%
34%
29%
29%
30%
•
*90% IOO^
v
v
;
i
;
*103%
47
105%
-
104%
30 %
,33%
35%
- r-
17-
*86
99
/
*64.
/
105
37
31
^32
•
;- .-•■ 17
V
89%
17%
-
*85%
ISVa
/-A*
100
3,200
16,200
16%
•
$ 15% ,16% /
*150
;
165
>
118%
Oct
101
Jan
112
Dec
113%
Sep
118% Deo
11
106
Jan
9
3
Dec
90% May 14
61
Jan
14% Jun
17
13%
Feb
37%
30%
Jan
57% July
64%
Jan
92
Jun
56% JUn
101
Apr
14
24
,
»
:4
A
•96
46
53%
.:43,>' 43>
50% /; i51% ;c-':
68%
X65%
66
99
45%
52
53% Jan
14
43 Ya Aug
56
Oct
14
Oct
17
39% Jan
30
45
26% Jan
27*% July
31 Va Aug
37% May
30% July
35
41% Jun
May 7
36% Mar 21
'
Jan
29
63% Jun
18
45% Jun
39
17
>63
Aug 20
72
Jan
106
Jan
62% May 29
107% July 26
3
*95
99
*95«
100%
100%
•
160
™
Jil* Ki.«
92
*90
74%
*73% ", 76%
17%
18%
.
y
87%
Jan
21%
Jan
26%
Jan
47% Dec
23% July 10
105
July 11
36
May 21
8%
Jan
18
Deo
83% Jan
94
Jun
30
35
Oct
12
Deo
84
h-
Mar 23
X33% Jan 17
8
15
1
No -par
•v
Aug 28
Aug 28
12% Jan
a
pfd—100
16
21
/
21% Feb
160
0.4
V.
18%
-
V40
Wright. Aeronautical...
■Z
#3
wvtel**
i500 '
5,300
Monday
:
.
Aug. 26
Aug. 24
t per share
$ per share
v->:
Tuesday
Wednesday
Aug. 28
'"
s
Aug. 27
# per share
/
///:'/£:/ fiTOCKR /
Thursday
Aug. 29 -
Friday.
Sales for
Aug, 80 /
the Week
t per shared /. 4 pet share
4 per share
i Shares
; •
.
No par
.
fDell V
No
Wyandotte ^Worsted- Go new
LOW AND HIGH SAL* PRICES
Saturday
Or
93
r
Jun
10%
128
•22
Jan
Dee
138% Deo i
I-'V"
22% Jan
May 31
37
40% Jan
-
f38-
74
Aug 13
160
l^pr 25
79
103
t
Jan
13% Jan
V
14
62% May 29
May 10
•
'
Jftni
Nor
53%
Dec
70
-Jahp
Nov
100
j
*
%
Nov-
80
Jan;
Feb
4
75
Jan
HO
Xfov
82% Apr
9
1
69% Mar
84
Oct
25% Jun
6 ;
•106
4
Aug 27
17% Aug 28
;
180% Nor
Range for Previous
Vv
Range Since January 1
>
Lowest wa.
Hl^test;
NEW YORK STOCK
-
Feb
May
74 ?
par
5
52
Feb 26
-
26% Jun19% Nov
July 26
49% Aug 28
50
16% Mar
July 10
101
Feb 28
34
Jan,
"
18% May 17,
143
Mar 5
.10
31% Dee
6% Mar
29
26% Jan
:
15 V4 Aug 28
99% Jan 17
i
'OWJaa
/
,
47% Deo
103
Oct
28
r*
,
Feb
78
107% Jan
May 28
Worthington P St M (Del)
No par
Prior pfd: 4%% series—^—100/
'Bitot pfd 4%Op Cdixv Series
100
ft-
Jan
101% Aug
31% Jan
Jan
700
vtV'-/
Deo
Deo
43
44.
Wool worth (F W) Co__
2,700
v
91
17%/
>12,700 /
.
45%
105% Deo
44
"
74%
*88
>
37% May
50% May
Oct
64
16-
Jan
100
IV
Mar 26
38% Deo
Feb
27%
107% Jan 31
5
101
Woodward Iron
1^200
'
:
Jun
98% Jan 21
Motors
Wisconsin El Pow Co 6%
..
'
v
32V4 Jan
•.
67
Deo
Jan
47/a
28'/a Aug 28
/ 38
Aug 28
45
Dec
32%
16
/
-
Deo
3%
32% Jan
•
30% Aug 27
21% July 19
30% Aug 28
/
Deo
13 Va Jan
2
103% Jan
Jan
40
115
22% Mar
30% Aug 28
13% Mar 13
$4.25 preferred—par
WilsomiJoBeai Co
10
.400/
1
113% Nov
Jan
"27% Feb 26
*y
:
Jan
109%
2
Aug 23
41 % Aug 28
/
Willys-Overland
/ 100%
Aug 22
19
;
Nov
37
23% Mar
1
57
87% Jan
Nov
89% Nqv
116% Apr
2
Jan
Deo
38%
Apr
6
35
8
16%
Jan
20
Wilson & Co toe
200
t
Apr 30
May
84%
19% Aug 27
Wlleox OU Co.
15,800/
*991/4 ,100 j /
*18'/a U8% /
9
24
8
_No par
Much Corp—
—1
$4 conv preferred
...,No par
Prior preferred—.20
'
;
Deo
117% Aug
7
119% May 16
-53% Jun 10
35% Feb 26
111% Aug
White Sewing
8%
.
45
7
No Par
35 eonv prior pref-
5,7-00
89 Va Aug
119
Aug
122% Feb
23
White Motor Co.—
94%
8%
Jan
10
,16% Apr 20
43% July 11
•
■
July 23
114% Jun
-.No par
4,800
i'i
*85
Deo
NO par
100
White Dental Mfg (The 8 8)
•100
'■"/ i *35
95
Deo
47%
Instrument——12.50
17%,,;-
•
33%
110
Wheeling & Lake Erie -Ry.
100
5%% conv preferredi*.-.
100
Wheeling Steel Corp.——..No par
-310
.
,
Elec
32-'?/;- /
16%
/ ,36
*35
v'
10
,,
.
$ 3.75 preferred
,3,800
38
31%
Mar
30% Jan
No par
Weston
30
105%
'
20
47% Jan 31
No par
West vaco Chlorine Prod.
200
:
,
49%
104%
Dec
-34% Feb
class A.No par
200
70
*36
■
32
34 y4
100
.100
com
400
105
48%
s
50
21% Nov
9
33% Jan
3
85% Mar 15
100
Westinghouse Electric Corp..i_12 %
H Preferred
i
12%
570
-
105%
*103%
,.
50%
*36
36/;
'i .*35 /'
'
70
49%
104%
-
.31%
15%
.
V
105
38
%
*64
*103% 105
105
■'
__
35%-W
14% Aug
24% Jan
Westinghouse Air Brake—No nor
12,000
32,200
38
105%
A
Western Union Teleg
Class B
1
50%
series
105%fcDec,
29% Apr
Air
Preferred
10,700
.,
38%
50%
*35
"
/
100
Western Pacific RR Co
700
Deo
Oct
16
Lines, Inc../
—1
Western Auto Supply Co.
..10
Western Maryland Ry
100
4% non-cum 2nd preferred.-*. 100
1,200
16%
Oct
Mar
13
24% July 25
No par
1
preferred
„.„14% Deo
36y4 Aug 30
No par
Sugar Corp
Deo
85% Mar 14
Jan
12% Mar 14
Western
4% %
Jan
Sep
110
30% Jun 14
30
Inc.
West .Va pulp & Pap Co
1,500
.
29 7/8
38%
/
38
38 v
■50
8%
91%
Apr 24
23% Aug 29
Deo
110%
Aug
61% Mar
8% Jan
J
8
1,900
2,000
33%
287/a
*104% 105%
149%
*36
37
35%
.
70
*64
70
50%
-32'%
•
38%
51% *51%
-
38
104%/ 105%
...
105
17%:
*89%
50 /
20
:
/ 21% Aug 27
29J/8 Aug 28
18% Jan 24
5
;«
No par
1,600
230
105
56
.90
V;
•'
;
38
38%
105%
*17%
3
■V
60
64
18% July 19
107% Feb 20
3
Jan
120
30%
30%
20
31
3
90%
31%
•18 ;;
193% Jan
4
'
20
3
Jan
42
90%
94%
Mar 26
xll% Mar 15
1
1%
21
43%
91
28%
.
10
-
36%
*17
'
Deo
42
112
8%
42
20
42
*18
,
30'/8
*64
♦105% 106
*35
*17
30%
/
33%
*103%
/; -18%:
8%
20
Jan
116% Jan
72
30%
32%
20
*105
52
is
71%
8%
91
.
50
.
73
8%
Jan
30%
preferred
i
:
: 6% preferred—
West Peha Power 4% % pfd
21%
41%
::
*34
34'
.
21%
72
19%
70
22
13%
Apr 29
West Penn Electric olass A—No par
42
21
Nov
14
54
]
1171/4
20%
78
23% Jun
2
140
113%
38
-
114
40%
39%
34
114
*116
21
22
Jan
$4 con* preferred
West. Indies
Feb
Jan
Jan
13
—.1
Webster. Tobacco
300
86
18
5
Washington Gas Lt Co
10,200
119
*112%
,
400
116%
119
41%
53
103%
*37%
£
:
115%
113%
38
64
63
103%
Apr 29
170
178
154% Aug 12
20%Jun
7
Wesson Oil1 & Snowdrift
41%
38%
.
52
7
2
Feb 26
Petroleum Corp
2,200
2,400
*112%
53
L05.%. .105%.
Nov
43% Nov
Mar
'
Warren
'
43%
40
:
55
Jan
70% July 31
Pipe.
900
;
113%
56
;
Dec
45% Jan
36%
39
-C._—__5
Warren Fdy &
1,000
-
*112%
43%
113
32%
:
83
98
Wayne Pump Co
,37% 138
117 U
44%
30%
39%
*53
•38
37%
119
114
94
*18
30'%
39%
'
36%
119
116%
29 %
35%
Jan
59%
Feb
172
......100
i
-
21 %.:■<
57
111
Waukesha Motor Co
42
114
42
33'%-"
Dec
Nov
9
Apr 12
common
New
,73,900
88
117
92
33
81
124
185
Pictures—i.
Bros
13%
13
114
75
*17
•
*19
34
Baking Co
preferred
5%%
Warner
1,100
41%
*115% 116
ii6y2
120
"
,
Ward
50
1,400
1,500
*87%
*113%
8%
21%rta
47 /iv'.'/
8% Deo
Jan
Sep
No par
?
42
*116%
20%
9
*45
3% Mar
118
..100
No par
(Hiram) O ts W
■..
88
114
72
'/'?/.
76J/4
*18%
29
53
July 3
45% Jan 30
Aug 28
xlbl
No par
...No par
371/4
36%
117%
19%
22 'A
45% Dec
99% July 10
10
123 % Apr
105
Apr
Jan 21
preferred—.100
Walworth Co
5,800
>
31% / 31%
*25
/ 26
13%
42
*87%
36%
36
38%
38%
*116%
114
4%%
preferred
/,
231/4
29%
24%
29%
'
251/4
15%
8%
12% Jan
3
80
—_—
System
Walker
11,300
106
22%
22%
21%
,
-41%
22
4%
4,200
14%
14
.88
*94
40
14
106
*32% ,33
25 •. ' 251/4
42%
Feb
108% Aug 23
2
77% Jan
5
118% Jun 24
..—20
Walgreen Co
:>
.
*113
Waldorf
136%
13%
106%
*106
;
120
1,200
2,000
109%
133
14%
14%
Wabash RR
200
V
-
46%
v
Dec
53
-
.
100
:
137%
13%
15%
*108%
108%
*107'/e
1061/a
44%
24% Deo
115
105
Pow
,?•
20%
43
15i/e
15%
I
73%
21
41%
140
106
Apr
17
W
20%
108
15
13%
26% Jun
37% Feb 26
preferred..
—..28
Visking Corp (The) class A
.—5
Vulcan Detlnnlng Co.
..100
Preferred
100
'
441/4
140
50% Nov
y.
*72
75
I
22%
J an
.,51% Apr 39
113
May 28
6%
10
!
&
Virginian Ry Co—
1,200
165
185
•:
21
108
34% Deo
Mar
32
Jaft
106
div partio preferred—:
El
-■'v-t//-•;
21
21% Jan
13
Aug 28
-•Ah
*43%
8
30
39
39% Aug '28
$5 prcf
...
..100
Va Iron. Coal & Coke 5 % pfd
100
'
43%
39
;
Va
{
.
50%
38»/4
185
6%
140
*50
165
*172
40 Vi
40
42
1'85
700
'
43
165
95
'■
;;
•42 J/4
51%
*157
*731/4
Feb
25% Apr
104
8
preferred.
Va-CnroMna
3,100
f
122
*90
/
95
42%
/
84
122
83
*85
.
t per share
'
121%
Xl21%
121%
Hirhest
$ per share
108
100
...100
Ry._.
preferred
Lowest
58 % Apr 24
45 ys Aug 30''
19 y» Mar 13
Vertientes-Camaguey Sugar Co.6%
Vick Chemical' Co___i_.
—.2.50
110
.
""45V-' 45
50%
y4
*171%
'7'\;Wi
39%
41
10
.
4/per share
25% Aug 28
18% Feb 26
No par
.._..2.50
Van Raarte Co Ino
Highest
"
42%
*40%
*96
•
121%
122
*96
52%
•100
106
/ /:. 8% •i
85'
122
97
42%
110
*96
/
83
88
121%
*90
1,606
:
40%
*100
*108
9
40%
401/4
108%
8
9%
:
*86
121%
46
-£
49%
■
*108
108%
*108
•'
r
:
4,100
110
:
108
-
500
21%
Vanadium Corp of Am_
Van Norman Co,
1,700
21
Year 1946
Lowest
I per share
2,700
20%
'451/s
108
*100
117
26%
20'/a
/•
21%
39%
-
25%
/
20y2
47%'.
21%
-
Range Since January 1
Shares
45 Ve
26%
*•
Range for Previous
&TOCK
YUKK
EXCHANGE
the Week
t per share
21%
20%
111 '
V.' 50
y ,v:
V
111
*46
46% * 46%
v
*106
*108
•
V
26
*20
21'-'
20%
20%
49 Va
;
NEW
Sales for
/Friday
Aug. 30
.
,.>25%; 26
27%
26
20%
//'
•50 -V
;•/ 22
■
Aug. 27
421% /V
*49%
Wednesday
Aug. 28
Tuesday t ; >
'
-O
27%
27.%
20%
.
V
STOCKS
-
Thursday
Aug. 29
per#Kare*,*;'} tief.ehite$%:A 4 per share -;; I per share
$
)
EXCHANGE
'CLOSED
LOW AND HIGH SALE PRICES
*
•*// Monday
Aug.2G
Saturday '
Aug. 24
'
v
.
EXCHANGE
Par
I per there
6,400
Yale % Tewne Mfg. Co
York Oorp„
i—
>
1
/Young Spring 8r Wire-;..—No par
12,700 ;/ Youngstown Sheet St Tube
No par
3,000 ( Youngstown Steel Door.
..No par
20
4,700
22 %■ Aug '28
4 per share
~
Year 1945
Lowest
4 per share
Highest
...
I per share
'
50
BTOCK
EXCHANGE
•48
/ 50 •/:•
21%-
;
22% :
26 y4
26%
23 ya
76
CLOSED
77 y4
70'A
23%
/ 20%
23%
23
/: 49%
:
20%
23%
ASt
if Jit.
uvvs/r
OSlr
ml '■feVvf-X
pM
/
'■
■
iVJ'/'
r:'
28%
28%
29
27%
28%
10y8
10%
ioy2
10%
10%
11
tin receivership.
*
Deferred delivery,
.
;
.
73,;//
- 23% /
28
•Bid and asked prices; no sales on this day.
1,500
.
42% Mar 14
'
.
a New Stock,
,
»
Gash sale.
«Special sales,
1
32% Jan
47% Deo
31
13% Jan
35% Jan
It
19% Jan
31%
83% May 31
31
Jan 29
39% Jan
70% Deo
20
Mar
27% Sep
27% Aug 30
42% Jan
15
34% July
44% Dee
10% Aug 28
14% Apr
18
5% Jan
12% Deo
61% Mar J. 3
23
-
61% July
27 V4 Jan
"
3,300
Zenith Radio Corp
No per
.11,600 7 Zonite Products Corp——I
■:
Aug 28
wd When distributed.
Aug 28
•
,
a-Ex-divldends.
y Ex-rights
24% Oct
Deo
,
1224
THE COMMERCIAL
Transactions at the New York Stock
& FINANCIAL CHRONICLE
Transactions at the New York Curb
Exchange
Daily, Weekly and Yearly
(Number
Bonds
Sales
Bonds
$2,641,000
1,788,580
4,789,000
$403,000
"
2,100,420
5,307,800
Thursday
1,062,620
3,272,900
,
Friday
1,165,150
3,448,000
I
5,503.800
211,000
y:
212,500
$3,000
1946
30"
Jan. 1 to
1945
>
$20,747,200
V
226,205
558,330
$17,716,500
209,000
155,000
151,000
33,000
7,000
191,000
l,952,b30
$823,000
$149,000
$35,000
$1,007,000
<
55,791,500
66,356,560
805,988,700
1,632,160,660
listed
on
Stocka
x.:
Indus¬
Rail-
trials
road*
Date—
August 24
August 26
Exchange
196.99
Total
Utili¬
65
ties
y.
10
Btocks
72.99
Grade
Ralls
Rails
vV'WV
Utili¬
ties
Bonds
114.61
['• V,-
■
99.82
Trust
Co
108.49
107.01
114.46
99.39
108.36
: 106.80
114.44
98.92
108.30
106.65
Empire Trust
104.92
114.49
108.22
106.69
Federation Bank &
104.86
114.54
108.19
106.63
190.47
57.77
39.05
70.19
August 30—
189.19
57.29
39.04
69.75
.
\
*
7
t 1'
-99.11
-
.
753,000
$56,292,000 $120,940,000
-
98.94
"i;
'•
Continental
Corn
Pulton
422
•
461/4
48%
v
/
Lawyers Trust
Manufacturers Trust Co
Bank
A
Trust
10
21%
National
■
-
59
50
Trust
5/
12%
81
296
46%
48%
103 r-/
107
43.%
45%
Sterling National
25
81
85
28%
Title Guarantee A Trust
12
20%
47
25% h
43
100 1,800
53
>
59 ;
290
25
Public Natl Bank & Trust—17%
21%
United States Trust
115
10
Bank-
22%
350
50
..
20
100
National City Bank
New York Trust
61 %
111
10
"
47
341
23
i
(J P) A Co Inc
210
18%
19%
1,880
1,930
10
.100
43
Morgan
44
200
.100
49
47
195
J 00
_
112 %
Ask
.100
_
Guaranty Trust
Irving Trust
Kings County Trust
137
41
Trust.
Grace National
108 %
Exchange Bank A Trust_20
Fiduciary Trust
Firs*
v.'
Far
33%
132
20
104.98
August 29
39.44
38.98
$1,764,000
25,500,000
352,000,,*
,
*A
i
Commercial National Bank A
104.92
58.04
57.59
410
-10
70.01
191.04
190.03
v
100
70.49
August 27_
August 28
,
Grada
105.12
32
100
Central Hanover Bank A Trust 20
Chase National Bank
15
Chemical Bank A Trust
10
Total
ma
-10
Brooklyn Trust
10
Exchange Closed
40.58
the Manhattan Co.
Bank of New York
Bankers Trust
Second
t
trials
Closed
60.84
Bank of
10
First
Indus¬
,
$94,687,000
1,000
,
.
$1,007,000
Far
—Bonds—
If
$47,903,000
8,037,000
249,000
35,000'
Quotations for Friday, August 30
"V10
20
$1,514,000
149,000
New York City Banks & Trust Cos.
daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.
y
30
73,589,373
,
the
!•-fy V;
1945
100,525,801
$879,496,700 $1,703,354,210
Stock And Bond Averages
are
Aug. 30
1946
1,620,780
$823,000
Domestic
Foreign governmentForeign corporate
TotaL
Below
Jan. 1 to
1945
1,952,530
Bonds
1,316,000
$22,179,000
253,000
1,000
3,000
329,950
$4,837,050
20,704,000
$20,747,200
$24,000
23,000
a>
Week Ended Aug. 30
1946
1,285,500
Total
42,000
164.000
,' 44.000
242,396,008
19,458,700
Foreign
Kallroad A industrial.
187,000
;
$199,000
129,000
1945
236,222,285
$159,000
Total
$7,000
279,385
Btocks—No. of shares.
$3,000
$192,000
558,660
TotaL
Bonds
U. S. Government-
Corporate
Aug. 30
1946
5,766,729
Foreign
Government
Domestic
Holiday
Wednesday
Thursday
Friday
3,483,900
? 3,660,500
$1,285,500
Week Ended Aug,
6,875,110
Stocks—No. of shares.
5,052,000
,
196,000
$19,458,700
6,875,110
TotaL
Saturday
Monday
Tuesday-
$3,047,000
Foreign
Shares)
■■
$3,000
v.
263,000
Tuesday.
Wednesday
•
Bonds (Par Value)
ot
Week Ended Aug. 30, 1946
V
Holid^v
758,340
;
Stocks
Bond
Foreign
Bonds
Sharet
Week Ended Aug. 30,1946
Total
Government
Railroad
and Miscel.
Exchange
yy Daily, Weekly and Yearly
United States
Stocks,
Number of
Saturday
Monday.
Monday, September 2, 1946
100
770
800
1,860
I,w?8 fain
A JWlT Ot
■
.
'
9S8X it
v...,
A dfiW ot
xv
Mil*;
wuxaerc#-.;
.mi ?
•
'
-
mm
Bond Record
New York Stock
«»
FRIDAY
WEEKLY
-
Exchange
YEARLY
-
NOTICE—Prices
the
week,
and
The
are "and
interest"—except for Income and defaulted bonds.
Cash and deferred delivery sales are
disregarded in the week's range, unless they are the
only transactions
when outside of the regular weekly range are shown in a footnote in the week in
which they occur.
No account is taken of such sales In
computing the range for the year.
italic letters in the column headed "Interest Period" indicate in each case
the month when
the bonds mature.
*
.
<
<
<•
,
Figures
LOW
Saturday
:
Monday
Aug. 24
Aug. 26
Low
Low
High
AND
HIGH
SALE
Tuesday
Low
High
High
Low
decimal
point represent
High
&
Thursday'
*;•
Aug. 29
Low
High
'
Friday
Sales for
Aug. 30
Low
CLOSED
104
*103.30
104
*107.8
107.10
*107.6
107.8
*107.6
*107.6
107.8
*107.6
107.8
*109.16
109.18
*109.14
109.16
*109.12 109.14
*109.12
109.14
*109.12
109.14
•112.22
112.24
*103.30 104
107.8
*103.29
103.31
*103.29
103.31
*112.20
112.22
*112.16 112.18
*112.15
112.17
*112.15
*103.2
103.4
*103.1
*103
103.2
*103
103.2
*102.31
*107.22
107.24
*107.21
107.23
*113.4
113.6
*113.1
113.3
*112.31 113.1
•114.5
114.7
♦114.2
114.4
*113.31 114.1
*107.22
107.24
*107.22
107.24
*112.30
113.
*112.30
113
*113.28
113.30
*113.28
113.30
*115.28
115.30
*115.24
115.26
*115.19 115.21
*115.18
115.20
*103.16
103.18
*103.15
103.17
*103.14 103.16
*103.14
103.16
*105.6
105.8
*103.14
*105.6
103.16
105.8
*105.6
*105.5
105.7
•105.5
105.7
*106.1
106.3
105.8
*115.18
115.20
106.5
*1$6.2
106.4
*106.1
106.3
*106.1
*105.19
105.21
*105.12
105.14
♦105.12
105.14
*105.16
105.18
*107.9
107.11
*107
*105.17
107.2
105.19
♦106.30 107
*107.1
107.3
*104.24
*107.2
104.26
107.4
*104.20
104.22
*104.14 104.16
*104.15
104.17
*104.9
104.11
*104.15
*104.5
104.7
104.17
104.2
106.3
*104.2
104.4
♦104.2
104.4
104
*103.24 103.26
•103.21 103.23
*103.22
103.24
*103,22
103.24
*103.26
103.28
*103.22 103.24
•103.17 103.19
♦103.18
103.20
*103.20
103.22
103.24
103.24
*103.16
103.18
*103.16 103.18
*103.17
103.19
*103.20
103.22
*103.18
*103.15
103.20
103.17
*103.13
103.15
*103.14
103.16
*102.22
102.24
*103.14
*102.15
103.16
102.17
•102.15
102.17
*102.17
102.19
*105.27 105.29
*102.18
*105.12
102.20
105.14
*105.9
105.11
*105.10
105.12
*105.13
105.15
*102.21
102.23
*102.14 102.16
*102.16
102.18
*106.5
106.7
*106.3
♦102.17
102.19
106.5
*106.1
106.3
*106
106.2
*104.12
*106
104.14
106.2
*104.7
104.9
♦104.8
104.10
*104.12
104.14
*104.14
*108.2
104.16
108.4
*108
108.2
*108
108.2
*108
108.2
*104.27
104.29
*104.31
105.1
*104.24
104.26
*104.23
104.25
*104.24 104.26
*102.2
102.4
*102.29
102.31
*102.30
103
*101.31
102.1
*101.31
*102.2
102 4
102.1
*102.29
102.31
*102.30
103
*101.31
102.1
*101.31
102.1
101.20
*101.18
101.20
♦101.18
101.20
*101.19
101.21
*101.18
*101.17
101.19
*101.15
101.17
*101.14 101.16
*101.14
101.16
*101.14
*102.24
102.26
102.26
♦102.23
*102.23
102.25
*102.23
„
101.16
♦102.24
102.25
101.20
*101.18
a
point.
GOVERNMENT
NEW
STOCK
1
BONDS
102.25
Range Since Jan. 1
Lowest
*102.17
102.19
;
*102.11
102.13
♦102.19
102.21
*
*102.14
102.16
102.26^
*102.20
102,22
*102.20
102.22
*102.21
102.29
*102.23
1Q2.25
*102.23 102.25
*102.24
103.7
103.1
103.9
*102.27
*103.1
102.29
103.3
*102.11 102.13
*102.14 102.16
*102.27
*103.2
102.29
103.4
*102.12
102.14
*102.12
102.14
*102.15
102.17
*102.15
102.17
102.23
♦102.21
102.23
102.26
*102.24
102.26
*102.28
*103.5
*103.14
103.16
*103.9
103.11
*103-8
103.10
*103.10
♦103.9
103.11
*103.3
103.5
*103.4
103.6
*103.8
♦103.12
103.14
*103.6
103.8
*103.7
103.9
*103.10
*106.3
and
101.11
*101.8
101.10
*101.7
101.9
*101.8
*101.13
♦Bid
106.5
♦101.9
101.15
♦101.9
101.11
*101.8
101.10
*101.9
asked
price.
*106.1
No sales
106.3
*106
transacted this
106.2
day.
.
>■
.
3,000
a Odd
♦106
lot
102.30
♦102.28
102.30
103.7
*103.6
103.8
103.12
*103.10
103.12
103.10
103.12
*103.8
*103.11
103.10
103.13
3%s
3s
1951-1955
110.3
27/aS
2%s
1955-1960
112.21 Aug 23
2%s
1951-1954
107.23
2%s
1956-1959
113.12 Aug
101.11
*106
106.2
*101.7
101.9
*101.8
101.10
Lowest
1958-1963
Highest
106.13 Nov
109.24 Mar
1U
111.27
1949-1952
—
1960-1965
-
111.18
Feb~19
115.26 Jan
17
15
118.15 Mar 12
118.23 Feb
19
2
106
Apr
2
,,
110.15 Mar
113.20 Nov
112.21
Jan
113.30 Oct
113.2
Jan
116.16
1952-1954
Apr
2
106.6 '
Oct
107.15
Apr
107.15 Jan
28
106.28
Sep
107.25
Jun
105.29 Aug 19
Jun
7
107.5
Jan
17
Sep
Jun
7
105.19 Aug
107.1
Jun
105.24'
108.4
108.15 Nov
107.27 Apr
107.4 Apr
2
100.28
Jan
103.4
Jan
108.4
1962-1967
105.22 May
104.9
Jan
10
16
100.18
103
Jan
4
107.9
Apr
9
100.17
Jan
102.22 Jan
4
6
100.15
Jan
102.7
June 1964-1969
Dec. 1964-1969
1
1965-1970
102.11 Jan
2
107.19 Apr
107.9
Apr
5
100.10
Jan
102.2
.
1966-1971
102.11 Jan
4
107.10 Apr
12
100.18
Jan
102.3
June 1967-1972
101.16 Jan
4
106.15 Apr
6
Sept. 1967-1972
106.28 Apr
30
109.15 Feb
18
Dec. 1967-1972
101.15 Jan
2
106.16 Apr
.
.
Dec
July
102.17 Aug
102.9 July
.
.
1951-1953
.
July
Feb
Feb
100.20 Aug
101.24
July
100.30
Jan
107.28
Dec
Dec
8
100.23
Dec
101.15
106.15 Aug 12
106.15 Aug 12
106.29
Oct
107.26 Feb
Aug~12
108.17 Aug 12
1952-1955
.
1954-1956
108.17
.
Treasury 2%s
Treasury 2'As
Treasury 2s
Treasury 2s
Treasury 2s
1956-1959
104.30 May 16
107.14
Apr
3
100.29 Jan
2
Jan
4
104.16 Apr
104.7
Apr
5
101.4
102
Apr 29
.
-June 1959-1962
Dec. 1959-1962
1947
102
3
Dec. 1948-1950
2s
June 1949-1951
2s
2s
—
Dec. 1949-1951
—
103.9
Jan
17
103.9
Jan
17
-Sept. 1950-1952
2s
.
1951-1953
2s
—1951-1955
2s
June 1952-1954
-Dec. 1952-1954
103.7
Ja"a"~5
103.22 Feb
—1948
.
—1950
i.ioai
peflVy
100.27 Dec
102.26 'Sen ;
103.28
102.9
fir
JArfy'; 104.24
102.20 May
6
Oct"*
101.29
Nov
Apr
July
Jan
102.27 Jun
102.26 Oct
103.4
Apr 26
102.30 Apr
24
103.13 May 16
103.15 Aug 20
104.3
MarlS
104.14 Jan
28
103.13 May 16
104.26 Feb 18
Jan
103.5
Dec
102.21 July
103.8
Nov
102.10
103.16 Dec
Feb
100.25
Jan
103.1
Sep
103.1
Sep
100.17 Jan
104.4
Dec
103.30 Dec
103.13 Aug 21
104.29 Feb
106.12
Jan
106.12 Nov
101.14 May 17
101.6 May 28
101.31 Mar
101.9
Jan
101.23
Apr
102.17 Mar
100.26 Aug
101.19
Dec
1953-1955
.
105.1
|an;
102.26
March 1950-1952
2s
108.21 Nov
100.27
104.24'
Sept. 1949-1951
2s
108.21, Nov.:
WW--D,
Apr 29
—March 1948-1950
Treasury 2s
Treasury 2s •
Treasury l%s
Treasury l%s
106.11 Mar
1963-1968
.
2%s
2%s
2%s
2%s
108.27 Aug
112.10 Jan
Apr
114.25 Dec
1956-1958
*
.
2%s
Nov
112.17 Aug
Jun
1948
106.16 May
.
2%s
Feb~~6
115.23 Apr
1950-1952
.
109.22
12
106
.
2%8
2%s
2'As
2%s
2%s
Treasury
Treasury
Treasury
Treasury
Aug~23
1949-1953
2%s
2%s
Treasury
Treasury
Treasury
Treasury
104.27 May 16
105.14
—-
2%s
Treasury
Treasury
Treasury
Treasury
Treasury
J~un~28
_i
2%s
Treasury
Treasury
Treasury
Treasury
Treasury
104.14 July 12
1948-1951
_.
106.2
101.10
Year 1945
Highest
1947-1952
—
•102.24
*102.31
^
Range for Previous
YORK
EXCHANGE
—
*102.27
of
.
1
4%s
Treasury
Treasury
Treasury
Treasury
Treasury
-
*103.3
108.6
of
Treasury 2%s
Treasury 2%s
Treasury 2%s
*106.3
*108.4
32d
Treasury 2%s
Treasury 2%s
103.1
107.26
*102.14 102.16
more
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
112.17
103.3
*107.24
*104
or
the Week
Bonds ($)
High
*103.30
EXCHANGE
one
>
.
PRICES
Wednesday
Aug. 28
Aug. 27
after
,
21
100.13
Jan
104.6
Dec
transaction.
3k
THE COMMERCIAL &
Number 4521
Volume 164
FINANCIAL CHRONICLE
NEW YORK BOND RECORD
RANGE FOR WEEK
BONDS
New
Tork
Interest l;V.
{j
U.
8.
Last"
or
Sale Price
Period
Tork
Transit Unification
Low
Sold
Stock
Week's Range
Friday
Interest
Exchange
Last
or
Low
Colombia
A 6s
.
Corporate Stock
1980
118%
1928.
1&61/
—Oct
A-O
Nigh
68
81%
91%
1
81%
90%
26
66%
1
58%
91%
J-J
A-O
*58
M-N
•58
XX
90%
"
A-O
f-A
58
58
J-D
99
99%
85
98%
98 y2
9
(Rep of) 7s
.—.1951
Cuba (Republic of) 5s of 1914
..1949
M-N
30
30 y8
13
Af-8
*110
ACosta
Rica
External
4%s
Foreign Securities
loan
4%s
external
5 A Public
..1949
debt..
Sinking fund 5%s
works
F-A
.1977
5 %s
Wertheim & Go.
Members New York Stock Exchange
Telephone
120
REctor 2-2300
NY 1-1603
Broadway, New York
Customs Admin 5%s 2d series
5%s
zxExternal
t
s
7s
36%
M-N
.1972
(Commonw'lth) 5s of '25-1955
5s of 1927
—1957
External g 4%a'of 1928
—1958
A-0
8 1 extl conv loan 4s Apr
External
s
Af-N
M-8
Stamped pursuant to.Plan-A
,
*
96%
106%
101% 102%
101%
*103y« 108
J-D
70
70
*
64%
A-0
Stamped pursuant to Plan A
"
(Int reduced to 3.375%)
1979
s f b%s of 1927———1957
——
64
A-0
70
A-0
AExternal
Stamped pursuant to Plan A
(Int reduced to 3.375ft)
1979
A7s (Central Ry)
—1952
A-0
63%
J-D
58
62%
(Int reduced to 3.5%)
5 ft funding bonds of 1931.Stamped pursuant to Plan A
•70
•
J-D
1978
65
Oslo
68%,
2_.
No.
3...
61%
4
61%
68
5
61
68%
3%s Series No.
.
2%s Series
7_.
78
*82
...
_
82
No.
8.
82
82
77%
3%s
Series
No.
9—
82
82
79%
82
3%s
Series
No.
10
82
82
77
82
3%s Series No.
11
3%s Series
63%
63%
60%
63%
2%s Series No. 12
3%s Series No. 13—
64
60%
65%
60%
65%
Series
No.
14
3%s
Series
No,
15.
63
63
63%
3%s
Series
63%
16—
*63
65
60%
♦62%
65%
60%
60%
63
65
19_
*62%
20.—
*63%
—
Series
No.
21_.
62%
62%
60%
No.
22
63%
63%
60%
65
60%
65%
60%
65
61
65
60%
65%
6oy8
60%
65
61
60%
64%
64
Series
No.
24
*62%
65
3%s
Series
No.
25
63%
Series No.
3%s Series No.
26
*62%
3%s
28
No.
No.
9
29——
30
i
ZXki
3
Brisbane
(City) s f 5s.
81nking fund gold 5s
A 6s
s
Refunding
101% 101%
J-D
102
100 y8
.1970
F-A
101
.1976
f 4%-4%s_.
A-0
.1975
• .
• ♦
"J
-
•,
■■
W ':i
25-year
» *
■
(Dom of)
' •
} -*■ ■..
.
.
.
.1960
SVis.^-.
.1961
"> 8%*-' .X—..Jan
J-J
194a
J-J
19
ACarlsbad
(City) 8s_
SACnile (Rep) External
8 A 7s
7s—. -1942
18
109%
|
4
.1960
ff;
,1<
.
109% 110%
*..*-
A-0
•
-
•74.y*
109%
114%
.59%
22 XX
26%
►—
.X:3;x;: XX 21%
26%
30
24 Vi
__
26%
27%
26%
27%
26
21%
100%
100 Va 1C0%
100%
103%
.M-S.
103
103
103
101
107 y4
1965
f 5s
s
(Rep)
ektl
103
A-O
104
103
104
100
107 y4
F-A
104
104%
101
i07y4
J-D
*102
A-O
v
1970
X
A-O
.1955
ref 3%s series B
(State of)
Af-N
-X
100%
100
105%
,
—1947
102
98%
*100%
M-8
103%
•
X
99% 99%
.*104
105%;
J-D
—1967
7s
:>x*99%
..
103
99%
101% 101%
101%
Xtf-H
s
99%
—
sinking fund 6s—_Peb 1961
A6s
assented;
ARy externals f .($8^.
A6s
AExtl
(Rep
of)
6s—..1940
gold
M-S
47%.
40
44 A
*-_'
42 X
39
46
33
22%
26 .XM
24%
25%
22% X
22 y*
30%
22%
22%
24%
22%
30%
X'v'
■u_
'X-'X *22%
-
A-O
*13%
A-O
.1947
A-O
'
f 7s
...1968
....
f
18
—.1961
32%
48%
43
J-D
35%
24
48
2001
42
47
—1968
40
45
41
43
*33%
41
*--
83
101A 101
1947
76
*
%
101
Jan
1961
42%
42
37%
37%
50
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45
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extl loan of 1921
1948
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;
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1968
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47
35%
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pursuant to
X
pursuant to Plan A
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2004
municipal loan
.—1967 ~
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30
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39
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1961
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l_
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—1957
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....
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—1961
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page
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25
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FIRM TRADING
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y4
MARKETS
FOREIGN SECURITIES
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:
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see
30%
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£
II
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For. footnotes
21%
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assented-
AChllean Cons Munio 7s.
(Hukuang Ry)
For Financial Institutions
30%
10
24%
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21%
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.1950
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s
__
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assented"
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r
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9.4 )
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1958
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fund 4^*8..
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>: '
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101
..
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(Int reduced to 2.375%)—2001
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1953
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65
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.
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(Int reduced to 2.25% )—2006
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1952
103 X X
101
Af-S
15
K;
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1957
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100
X
5
18%
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.1951
—
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external s f $ bonds....
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.
101
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102 Va
96y8.96y8
.1961
.1977
—
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3ft
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s
X
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:
.
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I
100
102
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.1958
stamped.
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Buenos Aires (Province of)-
V
!
7
No.
3%s Series
,
65
I
A
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Series
3%s Series
r
■
5
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73
t
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16
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Stamped pursuant to Plan A
(Int reduced to 2.375%)—
64%
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3%s Series No. 23
15%
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73
22
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u-
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f
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s
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;
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65
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.
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t
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-
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1942, agree
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65
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„
11
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—
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100
•
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—
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24
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96%
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30
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e!7
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(Int reduced to 2.125% )
2008
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1959
V
ANat loan extl s f 6s 1st ser—1960
,
82
:
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77
63
6——;
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-
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95%
102
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q-J
f 5s ser A.1963X
AStamped assented 5s
.—1963
Stamp mod 3y»s ext to
...1994
68%
No.
x
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APanama
68%
No.
Series
Series
102
100
12%
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agree
to 2.125%)—2008
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Series
;
.1954
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External
'
v
reduced
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2
V
19%
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8
4
"
1942,
.1945
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22
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is
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—
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New Soutn
i
77
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—
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14
111
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—
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50
.
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y 13% X
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-
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—
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X
(Int reduced to 2.125% )
2008
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^—1959 ■;
,
(Int reduced to 3.375% )
1979
External 8 bonds of 1944 (PlanB)—
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J-D
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lATreasury 6s of 1913 assent—.1933
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84
59
__
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.
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lAMexlco (US) extl 5s of 1899 £—1945
J A Assenting 5s of 1899———1945
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X £ •;
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58
■
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;
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A Sec external s S 6%s
85 ::
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7
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to
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s
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80
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'
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v A'
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-
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115
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1964
Mexican Irrigation— .t
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._
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102
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54
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;
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-
40
1957
«
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.
15
29
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.'
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1955
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31
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98
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33
1971
s
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:
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1952
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1949
part paid
part paid
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38
;;
170
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K; AExternal sec s f 7s 3rd series..l957
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—1958
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1948
;■
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113
162
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1949
unstamped
115
'
—1967
.
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110
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85
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la
A External sec s
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1969
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1947
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1948
Akershus (King of Norway) 4s
1968
JAAntloqula (Dept) coll 7s A__——1945
5 A External s f 7s series B
1945
lAExternal s f 7s series C_T-.—1945
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1st series
.
170
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lADominican Rep Cust Ad 5%s_—1942
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IA Denmark 20-year extl 6s.
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39
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100
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70
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..
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91%
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1947
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31
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Range 81nce
January 1
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.1946
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1947
Copenhagen ( City) 6a_
—1952
3%
Bonds
Thursday's
Bid & Asked
dale Price
Period
City
issue—
York
Nigh
Low
No.
High
New
Range Since
January 1
Bonds
Friday's
Bid & Asked
Government
New
;
,
BONDS
Week's Range
Friday
Exchange
Stock
ENDING AUGUST 30
"
N. Y.
Teletype N. Y. 1-971
1226
THE COMMERCIAL
FINANCIAL CHRONICLE
&
Monday, September
194$
NEW YORK BOND RECORD
range
for
week ending
august
30
BONDS
New
York
Week's Range
or Friday's
Friday
.
Interest
Exchange
Last
Period
Stock
Sale Price
Railroad
Buffalo Rochester & Pgh Ry—
v
Stamped ? modified
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Reorganization Securities
at
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tBurlington Cedar Rap & Nor—
f||
PFLUGFELDER, BAMPT0N & RUST
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61
New
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.
Bell
York
of
Consolidated
deposits—
5s
New
York
Stock
Exchange
1955
Last
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Sale Price
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Stamped pursuant to Plan
(Int.
reduced
to
(Int reduced
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1957
45
J-J
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65
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extl dollar
60
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.2012
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.1940
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85
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to Plan
to
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.1978
1962
extl
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.
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11%
18
16
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F-A
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1960
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4-4%-4yas extl readjustment
1978
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-w:
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J-J
—
1958
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1958
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conversion
conv
AWarsaw
(City) external 7s
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•
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<
••
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Alabama Power
Southern
3%s
1967
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1972
mtge
1975
debentures
1986
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deb
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99'A
168
97
—
1
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./ 91
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.
8
INDUSTRIAL
■
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14
V
•'
—
103%
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104% 104%
109% 109%
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n
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195
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,
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1—
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:
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;
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1946)
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6
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133
-
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—.
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•
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33
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a
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tABoston & N Y Air L 1st 4s.
1
Bklyn Edison cons M 3%s
Bklyn Union El 1st gold 5s
Bklyn Union Gas 6s series A__
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■A-0
*
119%
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102 Va
106%
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98
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144
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83
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//</. 17
5
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;
1st mtge 3s ser B
tlAChlcago
—
Railways
1st
i
4s
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—
63
63
j-j
81%
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deposit.
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107
71
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92 Ve
—
56 V4
1952
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,
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1951
-
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57
81
24%
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• ;
39%
105%
103
100/
106
101
?r':.
110
100%
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—
54%
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1934
Memphis Div 1st gold 4s——-—1951
Chicago Terre Haute & S'eastern Ry
•
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1994
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*
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12
101
'j-j
•
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100
AChilds Co
deb'5s part paid
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1943
M-S
part paid—
19|7
1952
coos 5 s
debs———J966
lyb*
104
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ft
Pittsburgh RR—
gtd
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r
.
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'
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5
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Cleve Union Term gtd 5%s
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s
:
63
77 Va
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63
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112%
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1950
98
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—
103
,
112 Va
105
•
Ref ft impt 4%s. series ®-—-—
Cln Wab ft M Div 1st 4s..
1991
■
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Cleve Cin Chic & St Louis Ry—
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104%
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__
—
•
„
——196J
99
;
—
Chicago
98%
88%.
j-d
.
A-O
25
2-'"" 105
106 Va 106 Va
—
108 y4
Colorado
102% 103%;
*108%
47 ;
—
—
106% 106%
*106%
97%
3
-I'
„
98%
'64%
67
:
~.
& Southern Ry.—
-qB0
(stamped modified) --_—l98U
102%
195%
107%
109
Columbus ft H V
105%
106 V3
106%
Columbus ft Sou Ohio El 3%s
4%s
1st extl gold 43-1948
106%
Columbus ft Tol
104
Commonwealth Edison Co-r-
22
97%
45
60%
84%
60
85
62
103% 103%
*106%
1st
mtge
3s
1st
—
1
—
103%
105%
106 Va
106%
■
1970
•
series L—
v
/
:m-s
,
84%
106% '
108%
15
111%
116
116
108% 109*111
112%
108 Va
110
111
111
F-A
*106%
105%
-
107
*104% 105%
103%
105%
.
F-A
A-0
—
—
'
...
Consolidated Edison of New .York
1
102%
106 Va
3%s
debentures
A-O
106
106
106
3
105%
107 Va
3%s
debentures
A-O
103 V8 104
27
103%
106%
3 Vas
102% 102%.
60
106%
110%
j-j
..
Cigar Corp 3%s —-1965
110
*115%
j"!
1951
Consolidated
48
63%
*105'A
—
*
/'
196
60
60
—
.110%
; f-a
-
Conn Ry & L 1st ft ref4%s
M-N
A-O
;
1958
extl 43
I
.
103 Vi
—
104
j-j
stpd
——...lyoo
—
105 Va
F-A
Z
5s
partial
Conn River Pover. s f 3%s A.
—
107% IIOVV
96%
B
ser
City Ice & Fuel 2%s
105
*—
F-A
Af-N
j-j
98%
Series
103%
72%
j-j
81%
inc
Series
103
__
j-j
Af-N
114%
117%. 117%
98%
j-j
Af-N
1229.
114% 114%"
.
■
j-j
M-S
page
n
102 % 103%
114%
j-j
1947
see
r 121
47%-51
48%
M-N
1969
footnotes
:
"M-N
1st mtge 2%s_1975
For
132% 135%
*129
*122
151%
107%
104% 107%
105
105% 105%
j-j:///.';
J-J
f debentures
s
144
" 146
106% 106%.
-F-A
Buffalo Niagara El
4s
-145
'M-N
-
j-j
98%
26
130% 131
M-S
-1966
50
103% 106
MrS
.
—-—--*994
mtge 4s ser A
■'■■■
A-0
M-N
1955
106% 113
106% 106%
—
48%
198J
1st
75
8IB
99%
A-O
1967
1961
110
81%
99
61Va
372
!'
103
;//
;
99% 100%
98%
99
j-j
j-j
75
98%
j-j
1955
.I960
108%
107
-Apr
1st
fuly 1970
106
107%
j-j
19&0
City Investing Co 4s debs
;V"; 61%
''■//
A_..
106%.
Chicago & North Western Ry*r
2nd mtge conv inc 4VaS—Jaal 1999
tf.rht-/^v"-
to
1st gold 4%s series JJ
1st mtge 4s series RR—-
F-A
2003
Cine Gas & Elec 1st mtge-2%a
Cincinnati Union Terminal—
«:i"v*
79% %
124
y<
1970
106
105%
107%
99% 105
i
'
75%
to
II
*32'
106
•.
107%
t,
Bethlehem Steel Corp—
series
52
91
107
33%
102% 103%
'
■"
M 5s
56
35%
107
A-0
•..//F-A:
mtge 4% 6-—L—Jan 1 2038
J A Choctaw Ok ft Gulf
Bangor A Aroostook RR—
1st
34
70
,
Cons mtge 2%s ser I
Boston & Maine 1st 5s A C
36
113
110 Va
103% 103%
j-d
4s
stamped
1951
Beech Creek Extension 1st 3%s
1951
Bell Telephone of Pa 5s series C—1960
60%
34
34
105
141
104%
,
49
33
1995
1951
37%
70%
131%
108%
—
109%
47
—
102%
to
Con ref 4s
38
42
•
mtge inc- (conv)——i—1997
SADebentures
—1951
8'west Dtv 1st M (int at
3%%
to Jan 1 1947) due
1950
Toledo Cln Div ref 4s A
1959
42%
38 %
91%
124%
122%
125
113% 114
48
j-j
/-J
Feb 11960
due
j-j
redemption....—-.1927
tChicago Rock Island ft Pacific Ry—
to
Pgh L E & W Va System—
Ref gold 4s extended to
106%
61%
39
39
F-A
25%
123
—
,
*106%
—
1995
(int at 1%
due
100 %
102
102
44%
109 %
'Apr
-Apr
>
M-N
(Int at 1%%
(int at 1%
due
Sep 1 1946)
37
108
39%
j-j
1970
A Conv gold 4%s
Chicago St L ft New Orleans 5s
July 1948
Ref & gen ser-F
33 Va
Jan 1 2044
r
due
■
20
*109
F-A
Chic Milw St Paul ft Pac RR—
3
Ref & gen ser D
—
j^j
1st mtge 3%s ser B
1985
Chicago ft Erie 1st gold 5»_—-—1982
Chicago Gt West 1st 4s series A...1988
159%
J-D
j-d
July 1948
74V2 " 74%
-37%.
__
F-A
AGeneral
133%
Nov
M-S
Ref ft gen ser A (Int at
1%
Dec 1 1946 > due
Ref ft gen ser C
to Dec 1 1946)
85
-1977
Chie Indianapolis ft Louisv Ry—
Alst mtge 4s inc ser A
110
Ry—
4%
33%
73%
..—.-1985
conv
105
,—1984
at
19
\2:'"
j-d
A-O
mtge 4%s inc ser A Jan 1 2019
24
July 1952
due
72
1st & ref mtge 2%s
,
1st mtge gold 4s
Stamped modified bonds—
10
20 Va
mtge 3%s
1st & ref
>;
RR—
22 Va
19
j-j
—
1st ft ref 4%s series B
Chic ft West Indiana
Baltimore ft Ohio
-
-
1974
1st
84
1948
70
20
stamp'(partial redemption>.-1942
4%s
106%
1966
70
20
20
;
1987
Gen
104%
1948
40
74
96
99'/a 108
70
87%
45
A-O
198'
107%
104-:
1995
A
83
A-O
-
'
,—,—
83
101 Va 104%
101 y8
-M-N
-
1987
107%
106
A-0
4%s
F-A
.1961
100%
104
M-N
unified
4s—
83
0; j-d/; //.
-
103%
140
106
Atlantic & Danville Ry 1st 4s
Second mortgage 4sAtlantic Refining 2%s debs
105 Va
100
63
/?
100%
A-0
1963
107
105
A2nd mtge 4%s-inc ser A
Chicago Inn ft fcuu 6U-year 4s
A-O
Line
104
88%
116%
1995
Air
91
105'/a
registered
A Gen
104%
102%
I
J-J
1967
1st mortgage 3%S—
Atlantic Const. 1st cons 43
;
109
87%
*107% 109
Chicago ft Eastern 111 RR—
COMPANIES
A-O
Adjustment gold 4s
July 1 1995
Stamped 4s
July 1 1995
Atl Knox & Nor 1st
gold 5s
1946
Charlotte
107%
105
JACLlcago ft Alton RR ref 3s
1949
Chicago Burlington & Quincy RR~"
21%
18
'
is
1962
Atchison Topeka & Santa Fe—
General 4s
5s
108% 121
105
Champion Paper- & Fibre deb 3s—-1963
Chesapeake ft Ohio Ry—
General gold 4%s
.,1992
y-1 Ref & impt mtge 3%s B—
1996
Ref ft impt M 3%s series E
-1998
R ft A Div 1st cons gold 4s
1989
2d consol gold 4s
1989
M
91
;
104% 104%
M-N
99%"
'//83--."
.-14%
AND
99%
99%
90
V«-
.
—;
99%
.-'V
86
.
21
—
87
'"-L-•
; 97
.
86%
,
'•
'
—1969
AAnglo-Chllean Nitrate deb
Ann Arbor 1st gold 4s
General
98%
'
American Telephone &
Telegraph Co.—
3s conv debentures
1956
2%s debentures
1980
2% debentures
&
__
J-D
Albany & Susquehanna RR 4%s—1975
Alleghany ft West 1st gtd 4s
1998
Am & Foreign Pow deb 5s
2930
Atlanta
•
—
*98% 100
Af-S
1947
Joll trust 4s of 1907
Great
98%
—
RAILROAD
/-.I'*:'.
c.
Mams Express coll tr gold 4s
3s
.
($ bonds of 1937)—
readjustment
1978
2%s
.
123%
116 Va
105
(4%% to Aug 1 1949)
lACentral RR & Banking Co—
S
111%
120%
112%
A-0
Central N Y Power 3s
..^.1974
Central Pacific 1st ref gtd gold 4s_1949
1st & ref series A
*115 "
1964
M-N
Amer
76
;
:<
103% 103%
Af-N
Alabama
A 4s
18
*—
1979
...
—
112% 113
111% 114
:..
F-A
JAMobfle Div 1st gold 5s——i.—1946
A General
124
1960
1948
—~
12;;.!
J-D
J-D
1979
-
I.
118
119
121 Va
/v t1).:
1965
1st gold 4s
New Eng 1st gtd 4s
JACentral of N J gen gold 5s
A5s registered
13%
1948
A External sink fund
6s—;
A External sink fund 6s—....
378-4^8-4^ extl
••,
F-A
►
64
1955
Bydrey /City) s f 5%s—I
AU»-UKi«i»y (Republic) extl 6s
External
75%
1958
(Prov ofj extl 7s—
A4%s assented—
External
A-0
1958
ASllesla
3%s-4-4%%
v;
*—
1 ACent
(Kingdom)—
'
'
'
F-A
Central Illinois Light 3% 8—*,—/1066
A
3.5%)
6erb« Croats & Slovenes
A8s secured external
>
115.V;
;il6v.V
*120% 120 %
120% 120%
X
M-S
3'As debs
P
125%
1981
ARef & gen 5%s series B
1959
A Ref & gen 5s- series C_
..1959
AChatt Div pur money gold 4s._1951
69%
Plan A
♦82
Corp
125
120%
..1963
jAConsol gold 5s
i
-.1968
To
A-0
F-A
JCeDtral of Georgia Ry—
§ Alst mtge- 5s_^
—--Nov 1945
.1956
to 2.25%)
Ohio 4s
108
118
115% 115%
'vk'V
.
j-j
"
deb stk perpetual
ACent Branch U
J-J
(Int reduced to 2%)
IA Secured s t 7s
t
Celotex
.1999
loan.
Stamped pursuant
—1951
Cart ft Adlr 1st gtd gold 4s
Celanese Corp 3s debs
71
J-J
Stamped pursuant to Plan A
A6s
1958
4%s
Can Pac Ry 4%
Plan A
to 2.5% )
loan.
extl water
4 Vis
Carolina Clinch ft
71
57
.1950
external
To
gold
gold
—1955
■■
43
37%
.1999
(Int reduced
106
109
116% 116%
j-j
j-d
4%s
106%
1,
—
119%
118
120% 121
1969
gold
Guaranteed
48
40
;,
Plan A
to 2.5% )
Stamped pursuant
A7s
45
M-~N
2012
.1936
98
104
108
*106%
lii
A-O
j-j
.1970
Guaranteed
54
-
2%)
to
48
M-N
1957
Guaranteed
High
05% ioo
2001
A
(State)
Stamped pursuant
*99% 100%
-
--
M-N
1974
gtd 5s A—3962
Guaranteed gold 5s
/
'
JMT-S
;
107%
99%:
99
107
A
(Int reduced to 2.375% ).
A6%s extl secured s f
lASan Paulo
Low
No.
cons
Canadian National gold 4'/as
Guaranteed gold 5s—
—Oct
Range Since
January 1
Sold
•
High
'
1964
1952
fry 56%
6
Bonds
Bid & Asked
Low
Santa Fe external sink fund is
|ASan Paulo
(City) 8s—
■
—1960
58
53
104
*105%
Teletype—NY 1-310
Week's Range
or Friday's
Interest
High
92%
38%
39%
48%
—
Calif Oregon Power 3VaS
Friday
Low
81
38%
-1952
-
Bush Term Bldgs 5s gtd
Canada Soutnern
BONDS
High
v
..1934
A Certificates
January 1
Sold
No.
1957
§ Alst & coll 5s
Bush Terminal 1st 4s
Range Since
Bonds
Bid & Asked
Low
debentures
ia
a
101%
--
101% 101%
101%
103
102% 102 %
101%
104 3/a
104%
104%
106%
104%
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4521
.Volume 164
NEW YORK BOND RECORD
FOR WEEK
RANGE
Bonds
or
Sale Price
Period
Low
{AConsol Ry non-cony deb
A Debenture
4s
A
«■
4g_
Debenture
Consumers
1955
;
Continental
1975
A
Deposit
ACuba RR
A
A 6s
1942
.
1952
A
ser
B
ser
...
.
.
103 Ma
103 ft 104 V*.
102%
106
103 Va 103 ft
102%
104
J-D
*58
receipts
deposit
82/
J-J
49%
*41 ft
—
rets——1946
——1946
deposit rets
J-D
47
46
'
1950
J-J
111
Iowa
&
Ref &
1st
gold 4s
A 1st
53 V4
53
1st
series
6s
*105 ft
5s
J-J
'.ft A-O
-July 1952
1975
2%s debs
A-O
1965
1965
Delaware & Hudson 4s extended—1963
,
104
*103 ft
103
ft
74%
&
ref
M
AIncome
Morris
5s
C
ser
Delaware
Af-N
67 ft
63 ft
67
71 ft
61ft
79%
gold 4ft8
:
.1930
{Denver & Rio Grande Western RR—
J-J
73 ft
73 ft
63 Ma
80
F-A
9%
11%
9ft
3s
RR—.
SAConsoi
..
AGeneral
/
1955
AAssented
A Re I &
Detroit
...
impt 5s series B
Edison
Gen
•
f 5s
s
series
4s
& ret mtge 3fts
Gen
& ref
3s
1978
F-A
9
.
A-0
♦108V8 '
Kansas
109
110%
ft;
J-D
109
109 ft
107%
J-D
*67
70%
63 ft
75
J-D
*53
57
45%
53 ft
Af-N
116ft 116ft
Det Tol &. Ironton RR 2%s ser B—1976
Dul Miss & Iron Range Ry 3fts
1962
iSADU Sou Shore & Atl gold 5s
»—
Af-S
96ft
95
«'•
=
1937
J-J
40
/■JL:■>:
105%
-
A-O
aitge inc 4fts series A:\
mtge 3'/4s ser E
'
.2015
J-J
-1964
_
cons
mtge 3fts
ser
F
-1990
cons
mtge 3Vis
ser
G—
-2000
cons
-1953
Af-S
.1971
M-3
I
H
.
155
■ftf';? '
102%
102
''
'y.
102%
121%
A
St ref 5s series A
Certificates
of
*—
82%
82%
98
mm
104
98
104
100
99%
iyy-
*—
101 ■'
*105%
«-«••;'' .ftft.'.
"■
"fft.
;V;-(
-
86
82%
86ft
85
102 ft
102ft 103
102 ft
•102 ft
J-J
120
^
136'/a
136'/8
136% 136%
8
129 Vb
129'/a 129'/a
6
ft 127 ft
General 4fts series E
1977
IQlii
107
11
'ft 107 §1
....1990
J-J
11
102 ft
2000
J-J
3
102 %
ser
P„._
1982.
J-J
ser
Q
2010
J-J
mtge
2V4s ser R_'
West deb ctfs A
1961
J-J
Gen
AGreen Bay St
A Debentures
ctfs
4fts registered
&
1st
1959
ref
3 %s
:
103%
103% 103%
s
valley Ry lot 4fta
Rocking
Household Finance
Hudson
Coal
Co
1st
Gas
s
1937.
Corp.2%s
f 5s series A
1st
102 ft
107%
98%
104%
101%
104
100%
2
1949;
♦lia'/s
1st. 5a A—-1957.
Feb 1957
AAdj Income 5s
84ft
83ft
-72
.
34%.
75
34 ft
36%
101 ft
4-0
US
4-0
1880
Af-S
1959
Jf-N
3fts^——
Div 4s.
*107
1st
gold
J-J
.1951
J-J
3fts
.1951
gold 3s stealing
\
Af-S
102
.1955
M-N
:
.1952,
J-J
trust; gold 4s__
.1953.
M -N
96 ft
Refunding 5s.
.1955
M-N
107%
40-year 4%s—$
.......
Cairo Bridge gold 4s
.1960
F-A
J-D
3fts
___
Paul
St
& Sault
Ste
Marie—
45
;
1st 4s
110
104%
102
102
1
102
18
96ft
104ft
11
105%
108 Ma
107 ft 108%
93.
88
84
106
Af-N
f-
'■
Vft'i'.'' h'
4-0
i
'mm'.-':
103
104
St> Louis Div St Term gpld 3s
Gold 3 fts—
.1951
J-J
.1951
J-J
.1951
J-J
1229.
97%
.
.;
—
106%
99
84
63
66
30
63
93
92%
93 Va
40
92%
101
'
93 MI
91%
ioi%
ft
92
—1902
1962
1978
adjust 5s series A—Jan 1907
40-year 4s series B
Prior lien 4fts series D
•
11
8
847/a
84
87
*80
i t'
s
94ft
93 Ma
85%
84 ft
109
98%
88 Ma
83%
96%
-86'A
*
98%
93 y8
11478
&
A 1st
&
'•
.ft
42
84%
102%
1960
F-A
1975
1977
Af-S
37
36%
41%
679
36%.
Af-S
86
84%
847/a
259
84%
103
!
1978
M-N
86
84 ft
88
64
84 Vz
103
gold 5fts
gold 5s series H
1949
1980
1981
Af-N
24%
24 ft
287/a
390
24%
4-0
86
84%
89 Va
130
84%
103
88M1
172
85
102%
AGeneral
4s
5s series F__—
ref
ref
5s
series G^
& ref
A 1st; & ref 5s
series I—
\•*.
'
.
V
1
■
•
.
F-A
Vft
«.
4s—1991
Monongahela Ry 3y4s series B
1960
Montreal Tramways 5s ext
1951
Morrell (John) ft Co 3s debs
1958
Morris & Essex 1st gtd 3yaS
2000
Moh'k & Malone.lst gtd gold
85
86
•',
.
•;
,
87%
87 y2
M-S
106
106'/a 106 Ma
F-A
94
106%
69
p.;
42
ft
103
102%
*103.;.
M-N
46%
100
*102% 103
J-J
,
.64%
103%
66
74%
J-D
68
67%
1955
M-N
78
78
79%
56
M-N
70 ft
70 ft
72 ft
159
1' 70%
83%
'/2ft series B„——.-—1965
Mountain States Tel & Tel 2%s_—1986
100% 101 y4
49
100%
102 y4
103 Va
103%
102%
103%
Constr
Constr
M 5s series A—
M
:
4
Mutual Fuel Gas 1st gtd
5s—
1947
102
106'%
Nashville Chattanooga & St
1st
mtge
Louis—
3s ser B
Af-S
100%
*—
M-N
•
1980
106 Vz
Products 2%s debs_1970
National. Steel 1st mtge 3s
1905
io4ft
105 ya
{ANaugatuck RR 1st gold 4s
National Dairy
105'ft
22
97
64
■'
110
—
77
89 y4
103"
102%
.
F-A
113
;&■• 6
*
101ft 102%
105 ft
*9Q
107
109%
'
106
101
*11
Registered
99%
—
108
103
1
•
102ft
102
105
102
'
v;;v
63.
"ft-
5s series A
)V
105
4
Va
106
106
111'/a 111'/a
64'/a
64
Af-S
28%
102
102
*100% 103
US
J-J
22%
23
106
F-A
.1951
106
106
J-J
Springfield Div 1st gold 3 Vis
Western Lines 1st gold 4s
107
20
.1951,
...
108
98 ft
104 ft
9 6 Ma
Omaha Div 1st: gold 3s
22%
F-A
96
75
75
,
104 ft
102
page
*102
A-O
1990
4M>s inc ser A
103%
103
87%
94 Va
93
93%
Af-N
Jan 1971
Jan 1991
A Cum
'ftft1.,
J-J
footnotes see
1
•
mtge 4s inc ser A
mtge
Prior lien
104% 108%
ftri
80%
82
101
83%
103%
80%
Litchfield Div 1st gold 3s
.1951
Louisville Dlv & "f^rm gold 3fts. .1953
For
87%
102% 102%
101%
94
103 ft 103 Ma
102
103ft
i
103%
104 ft
30.
289.
*106%
lines
106
; 119
108%
104%
80
105%
88
.1950
Purchased
Collateral
116
——
105%
Mo Kansas ft Texas
66
:
102
115%
*-
„
106% 106%
Corp
Missourr-Kansas-Texas RR—
*68
A-O
105
102%
J-D
M-N
1959
(Southern Lines) 4s
150
,103 Ma 104'/a
.1951
113%
100
'
103%
A Gen
lliy4 113%
93,
103%
1 .1952
trust, gold 4s;
Refunding 4s____
~
noy8
18
—
103%
A
ser
100%
ft
A-O
Collateral
50
110% 110%
103% 103%
v
.1951
107 y«
*63 Va 100
A Conv
'
120
106 Va
'
Af-N
4 ft8
&
100%
5
23
*105-; 105%.
1st gold 4s
116 ft
104
104%
•.M.'
J-D
A 1st
J-J
107%
72
w
100 % 100 %
*104%:
100%
107%
105%
—:
104%
104
*106
105%
5
117
*116
ft
107%
~1
J-D
A 1st
.1981
117% 120 Mi
1960
RR
Central
mtge
{Missouri Pacific RR Co—
;
A 1st & ref 5s series A
1st gold 3fts
Extended 1st
4-0
;
94 Va
136 ft
132
—
118%
ft
F-4
104
v't"-' :•
Illinois Bell Telep 2%s series A
Illinois Central RR—
:
1
%
1800
140'/a
^ -l.
:
72
•
73 Va
ft
105%
.
*
83
1963
102
10
*10.L% 102
83 ft
57
21
—1951
ft Elec
1st mtge 3s
1966
Metropolitan Edison 1st mtge 2%s.l97«
Metrop Wat Sew ft Drain 5fts—1950
tSAMet West Side El (Chic) 4s—1938
Michigan Central—
ft
ft
Jack Lans & Sag 3fts
1951
1st gold 3Mas
1952
Ref & impt 4Mas series C
1979
Michigan Cons Gas 1st mtge 3fts_1969
t§AMid!and of N J 1st ext 5s
1840
17%
146.". ;•
102ft 103
1970;
1962
gold 5s
Hudson & Manhattan
102
*142
lyya-,
{SAHo.usatonic Ry cons gold 5s
Hudson
102
,*
39
87
132'
62%
52
*118 Ve 119
*118
60
69
8
60
.ft 132
40
45
52 y8
73
ft,-
52 ftp-
•Xft 52
2003
.
56
3
47
52 Va
Jf-N
2003
debentures
1st
102
65
47
2003
coll 4s ser B
1954
Manati Sugar 4s sink fund—Feb 11957
104%
100% 101
Water 1st mtge 25/8s-_1976
96%,
46 V*
105% 105%
1st
105
2
100%
88 Ma
Af-S
Maine
10 ft
•
98%
A-O
2
180
59 'ft
134 Mi
103?.,
10
Af-N
90
Af<3
Minn
Hackensack
89%
46%
110 33
79
75
78
1976
87%
1949
Mead
1969
79 V*
,
—1949
99 Va
D.____
48
Jf-N
—
stamped
98
105
83
105% 105%
11
105
99
79 y4
B
98Ma
•—
93
V
98
J-J
95%
M
A Manila RR
J-J
96
95%
F-A
M
91%
1975
99%
94
1949
100%
3
93%
—
95 ft
1962
98 V*
10 ft
98%
96 ft ft
F-A
A- O
89%
10%
102
*96 y4
95%
1951
47
103% 103 ft
100%
100 Va
57
34
*70
103%
100%
86 ft
89%
1st M 2%s
series
Utilities
A-O
100% 100%
*100%
IVA
i-N
9&ya
2015
mtge inc 5s series A
Gulf States
5
108
A O
89 y4
Feb
Corp 3s debs
Gulf- Mobile & Ohio 4s series B
ft
88
66
ft
104%
2003
98y4
89%
Feb
B
Greyhound
Gen
,,1027/« 103
80
ft 107%
J-J
Atl Knox ft Clno
107
ft 104% 105 -ft
105
106%
86;
107
ft,
* *»
Liggett & Myers Tobacco 5s
Miami gen 4s series A_.
107
107
115%
115 V*
107
106%
140%
J-J
2%s
Deo
A-O
1974
St Louis Div 2d gold 3s
ft 119%
3
120
108
*104
.1950
102%
J-J
J-J
2%s
5%
122%
1970
mtge
107
4%
.2003
1st ft:, ref M 3%s series F—
1st ft ref M 2%s ser G_— —2003
102%
'
1973
mtge
188
104%
4%
108
J-D
F-A
89
105%
General 4fts series D
Gen
182
—
Little
' 108
General 5s series C
Gen
J-D
Louisville. & Nashville RR—
J-D
mtge 3VaS ser O—
108%
109
Long Island unified 4s—;
Guaranteed ref gold 4s:
,
J-D
Gen
108%
108%
4%
ir-a
.1954
3s
mtge 3'/as ser N
*104'/a 105
1974:
stamped-
Louisville Gas
Gen
*175%
1964
Lorlllard (P) Co deb 5s.
.
*105
A-O
1964
stamped
5s
4s
1952
J-J
A-O
72
*112
Lehigh Valley Terminal Ry ext 58-1951
1965
Lex & Eastern 1st 50-yr 5s gtd.
88 ft
78
Great Northern Ry Co—
General 5MiS series B
J-J ft
107%
123%
65%
62
*61
*108
1954
RR—
*
modified—
4s registered—
4fts stamped modified-
90
i04
Af-N
—
J-J
1954
Lehigh Valley
y 4s stamped
104
76
M-5
:
-
J-J
Lehigh Valley N Y 4fts ext
—•'
106%
106
100
1969
104%
122
*123 ft
Leh Val Harbor Term gtd 5s—_
106
■
■
—
....
inn debs
105
103
104% 104%
*102
J-J
y
——
ft; 5s stamped modified
(B F) Co. 1st mtge 2%s_1965
Grays Point Term 1st gtd 5s—
1947
85'/8
83 y4
107 %
A-O
1970
1st & ref sink fund 5s
ft
103% 106ya
Goodrich
76%
105%
77
106
98'
1
_
Gas & Elec of Berg Co cons 5s
1949
General Realty & Utilities Corp—
:• - 81
79
Co..
1st ft ref sink fund 5s
103 y4
106%
80%
25
84
104
„
$tft5s' stamped-5s
deposit
conv
108%
:;
*106% 107
104%
A-O
—1975
income reg
mtge
1st ft ref sink fund Ss-i
•
124%
124%
■ft'ft-- ;:ft;
Francisco Sugar coll trust 6s
A4s
107%
—
'v
P;'y yr'-'
;
Lehigh Valley Coal Co—
117% 127%
ft:
Firestone Tire 8t Rub 3s deb
{Florida East Coast 1st 4fts
77
*__
gold 3 ftS—1897
1997
registered
Lehigh Coal & Navigation
ft S F mtge 3fts ser A
157
105% 106%
J-J
1st
120% 122%
—
J-J
1st
A 1st
105 V*
1Q6%
104 ft
—
102
A-0
1st
*108%
T-o
1961
199?
1964
1959
tAKreuger St Toll 5s ctfs
*105% 108%
A-O
-1965
1st cons
*155
Af-S
-1960
;
♦121%
ft
J-D
Erie Railroad Co—
ser
105
103 Va
54.
40
40
105% 105%
M-N
J-J
4-0
1961
A 1st
1st mtge awn
97%
104'/a
105% 107%
J-J
East Tenn Va & Ga Div 1st 5s
.1956
Ed El 111 (NY) 1st cons
gold 5s__. -1995
Electric Auto-Lite 2'/4s debs
.1950
Elgin Joliet & East Ry 3%s
.1970
2s
102%
2
11
•
104% 104'/a
1961
4Mjs
unguaranteed
i
Kings County El L & P 6s
Koppers Co 1st mtge 3s
3 ft 8
Ohio Dlv
105
104 %,
22
97%
104% 105
■
«a«
1961
:
u
Lautaru Nitrate Co Ltd—
Geu
;
1987
ft
98 ft
••;
i
Stamped
Lake Sh ft Mich Sou
stamped
70
'
•'
1974
Plain
:>
120 Va
114
A-O
.1963
Duquesne Light 1st M 3fts
j
Kentucky & Ind Term 4fts
106'/a
—
1961
Detroit Term 81 Tunnel 4fts
58
•
A-O
City Southern Rylst 3s_—1950
1st mtge 4s ser A
.1973
City Terminal Ry 2%s
Kentucky Central gold 4s
1995
w 1st 6s
;
97%
Af-S
Kansas
106ft 109
*107 ft 108%
M-S
1970
gold 4s
Paso & a
100
100 ft
4
105
103 M»
101
1
101% 102 Vz
ftft-ft J-J
City Fort Scott & Mem Ry—
SARefunding gtd 4s—:
;
1936
AOertificates of deposit
76
58
63
1960
H
series
105
—
92
101ft
93%
81
•
92
70
5
:
Kansas
•ft
,
29 ft
29 ft
8ft
lift
.
62%
A-O
1965
P
series G
Detroit St Mackinac 1st lien gold 4s 1995
ASecond
—
102 ft
J-J
J-D
Kanawha St Mich 1st gtd gold 48—1990
4s
.
71
100% 101
110%
109
J-J
consol
54%
68%
73%
A-0
8 A 1st
98
30ft
101% 101%
Af-N
....
1970
1961
Jones
1936
Light
Grande
70%
74 ft
1
31
78
30ft
71
'
100 ft
J-J
1959
1st 4s
Jersey Central Pow & Lt 2%s
St Laughlin Steel 3fta
99% 104
54
1973
&
&• Rio
50
74 ft
30ft
V.
*?■'*.+
107%
'1
Af-N
May 1 2042
Power
{Denver
'**•—
'
:
I
Coll tr 4-63
—.
105%
3
:
1993
division,
'
'•
.
J
& Clear
James Frankl
1973
mtge due
Essex
J-J
107ft
99ft
Delaware, Lack. & West RR Co—
N Y, Lack &, Western dlv Vv,iV?
1st
■
—
68%
1
A-O
Hydro. El deb 6s_
106ft
e99Ms 100 Mi
100 ft
AT-N
106
—
104 V4 104 ft
A-O
96%
106 ft
"
1950
—
1950
;-1944
Internat Paper 5s series A St B
1947
Int Rys Cent Amer 1st 5s B—
;
1972
Int Telep & Teleg deb gold 4 ft s—1952
107%
104
45
103% 104
J-D
102
92 y4
101%
105ft
107
107
ft J-J 5
gold 5s series O
B
series
107
"
Co
92'/»
5
1
—
*97
A-O
1952
A
6s series A
A 1st
A l&t
Dayton Pr & Lt 1st mtge 2%s
Dayton Union Ry 3 Vis series B
72
93
106%
96
'
mtge 3s series F
AAdjustment
lAInternat
Deere &
95%
101%. 101%
J-D
1986
imp 2Mas series C
1901
{International Great Northern RR—
48%
44
.
•.
J-J
Inland Steel
45
:-Vi
46,
123
NO.
Indianapolis Union Ry Co—
86
it 40
92 ft
J-D
1970
mtge 4s ser D
Ind
.'.
60
ft
J-D
1983
1963
ref
Illinois Terminal Ry 4s ser A
51
80
.
.
43 ft
46
.'•
J-D
56%
46
59%
: 82
100%
92%
96%
1st
108%
49
1st 5s gold
Deposit
A7fts
104%
receipts
High
Low
96
93
J-D
1st & ref 4Mas series C
75
60...
105%.
J-D
1955
IACuba Northern Ry 1st 5fts,
1963
Joint 1st ref 5s series A
*--.,
J-J
-__1965
Baking 3s debs
Crucible Steel 3y4s s f debs
55%
Range Sine#
January 1
Sold
High
111 Cent and Chic St L St N
76
55
::"
57
Bond*
Friday's
or
Bid & Asked
Low
76
55
105 Ve
M-S
.
Last
Bale Price
High
Low
v
.
Week's Range
Friday
Interest
Exchange
Period
105 ft,
J-J
.
Stock
York
January 1
57
*__
J-J
.1956
mtge, 2%s
1st
Power
No.
New
Range Since
Sold
High
*__
J -J
1954
4s
BONDS
(
Friday's '
Bid & Asked
Last
Interest
Exchange
Stock
York
Week's Range
Friday
BONDS
New
ENDING AUGUST 30
1954
F-A
102 Ma
102% 102%
J-D
103 %
103 y8 103%
105% 105%
A-O
Af-N
*106
109
2
45
2
102%
105%
103 Mi
106%
107%
110
the commercial & financial chronicle
Monday, September 2, 1946
NEW YORK BOND RECORD
RANGE
Friday
BONDS
York
Interest
Exchange
Stock
Last
Period
New
Sale Price
Consol
ISANew
England RR
J-D
1945
J-/
99
99%
J-J
96 Vi
J-D
gtd 5s
5 A Consol gtd 4s
New
Englanu Tel
1st
Tel 5s A
<x
1»6I
RR
gtd 1st 4s._
New Jersey P & L 1st mtge 3s
New
York
Stock
Low
108%
HOVi
98%
105%
Peoria
97 Vi
9
96 ya
103%
9
*..
M-a
*108%
Eastern
&
A Income
no
114 y»
Pere
118
110
& Pekin Union Ry 5%s
Marquette Ry 3%» ser D
General
A-O
81
*48
5s
1980
1974
'F-A
1983
106
106
105%
108
J-J
108
108
107 %
108%
General gold 4Vis series C
Philadelphia Co coll tr 4%s
1977
1983
1983
J-J
108% 108%
lliya
Phila
1971
1967
*—
c"
3-D
4 Vis
gtd 4s
j-J
107%
Electric
1st
INew Orleans Te»
fANon-cum
A 1st
5s
Alst
A
of
1958
5Vis
of
series
103%
deposit
107
v.-
Vi
Y
Central
Ref
N Y
RR
4s
A
series
1998
impt 4Vis series A
&
impt 5s
Cent
3Vis
&
series
Hud
C
107%
88%
85
89%
250
94%
98 V4
202
100% 1003/4
38
gold 3Vis
registered
A-O
1991
Lake Shore coll
3Vis
84 y8
86 %
2013
3 Vis
J -J
J-J
1998
96%
F-A
1998
1998
New York Chicago & 8t Louis—
Ref mtge 3Vis ser E
F-A
F-A
110
..
96%
85%
F-A
1998
Mich Cent coll gold 3Vis
3Vis registered
95%
1003/4
Series E 3%s gtd gold
F 4s guaranteed
106
95%
109%
%;
N
N
N
Y
Y
mtge 3s
102%
.1970
99
99
Gen
mtge 3%s ser
.1970
Dock
1st
Y Edison
1st lien
1973
ref
series
3 Vis
100
Pittsburgh
3%s
95
>
97%
Pitts
93 V*
Consolidation
103
1968
1st
mtge 4%s
1st mtge 4%i series B
106
P-A
104
104
101%
1st mtge
/
106%
104%
102% 103 %
102%
105
A-O
102%
104%
A-O
105% 105%
105%
107
3-D
109 V* 109 y4
109i/4
F-A
107% 107%
107%
109
Potomac
4Vis series B
El
1974
1966
3%s
J-J
115
119 y*
lAProvidence Terminal 4s
—1986
Jf-N
Jf-N
98 A1
98
3
97%
Public Service El & Gas 3%s
ref
1st As
103%
1968
51
A-O
1955
J-J
51%
1958
Jf-N
50%
:
52%
51%
543/4
1956
50%
J-J
J-J
A-O
1957
543/4
U-N
28
J-D
58%
59%;
I#AN Y Susq & W 1st ret 5s
§A2d gold 4Vis
IA General sold
5s
>.
•
50%
58%
613/4
106
58%
107%
20%
tf-8
A-O
83% 84%
104% 105
105% 105%
J-J
*40
*56%
F-A
*__
36
P-A
*__
83%
90%
108%
Gen
24%
26
32%
95%
1986
M-S
Coll
trust
Northern
./w
J-J
114%
'
II
'yj
21
82
82
833/4
*78
127%
82
1053/4
15
106% 106%
106% 107
122 3/4
943/4
82
105
104 V*
133%
lliy4
49
82
106%
M-S
143%
113
112%
90 y4
105
110
3
106%
112
7
106%
F-A
1975
A-O
103%
106%
103
103
103
'■
r.-k?
3
102%
103% V; 1023/4 103%
43
102 3/4
105%
106%
107% 107%
1
106%
108%
if-*
21
22%
01
RR 3s
ser
M-S
106%
106% 107%
102
102
102%
9
F-A
101%
101% 1013/4
A-O
106'/a
106'/a 106 Va
>—1960
32
55%
56%,
55%
74
14% '
14%
16»/8
16%
14
16%
16
20%
24
J-J
Saguenay Power 3s
Bt
A
gold
1947
Bt L Rocky Mt A P 5s stpd
;
A
lien
APrlor
A
lien
of
Certificates
ACons
M
of
Pacific
Gas
&
Electric
ref
1st &
ref
Pacific Tel
M
3s
series
mtge 3s
&
Paducah & 111
Tel
1st
s
f
1966
♦108%
J-D
1974
J-D
1st
bond
4s
A 2d
108%
Seaboard
106
1st
10
101%
106%
A Gen
6
104%
107 Va
Air
mtge
Line
3y8s B
108%
...
•'w,
i-'
106 %
109 Ya
4s
3%s
lnc
conv
All
Oil
Union
Fla
Gtd
4s series E
ciis—
debs
3s
f
s
109%
Indiana
108% 108 J/a
6
104%
'39
3-J
104 y4 1043/4
107
107
Jf-fl
108% 108%
J-D
108% 109%
.•i
A-O
Jf-N
110
Cons
5s
series
*__
993/4
129% 1293/4
100
100
1-32%
101%
:
550
78%
1,175
18%
60
17'/4
99 % 100 %
98
99 Va
J-J
J-J
741/4
.1930
F-A
17 3/a
17%
A-O
99 %
.1941
F-A
.1965
.1976
101
73
1023/4
J-J
"5
;.v.
102% 102%,
102
IO9V4
vx
105
100 y8 K
128
*128
3-J
25 %
101
80
•v99%
,.'.65
99% 100 y8
993/4
A-O
90%
57
67
J-D
.1963
73
129
109%
9
109
112%
104
108
F-A
104% 104 5/8
10
.1994
J-J
108 ya 108 5/b
5
108% 114%
103
1053/b
126
102
1083/s
139
1043/4
107
107
San
.1950
A-O
2
108%
111
87
107%
1253/4
111%
113%
Fran
Pacific
Southern
mtge
1st mtge
2%s
104%
Devel
A
gen
&
gen
107%
Devel
A
A-O
105 %
105
105 y*
2
103%
1053/4
Mem
104% 104 %
Jf-N
104i/4 104y4
P-A
*126% 128%
122% 123%
-104 %
.1986
Div
Louis
89%
J-J
*93%
..1994
J-J
-1958
-1990
-1951
%
1063/4
126
131%
128%
^Spokane
Ihternat 1st gold 4%s .2013
A-O
122
123%
122
135%
Standard
J-J
123
123%
Conv
123
135 y8
—1953
A-O
105
105i/4
105
1113/4
Sunray Oil Corp 3% debs
Superior Oil 3%s debs
J-J
105% 105%
107 y4
dwlft
104%
117
1193/4
122
130
A
Oil
r«n
Calif
(N J)
9*4s
2%s
_
deb 23/8s
debs.
1063/4
110%
107
;
95
.49.—-' 130%
4fl.._r 104 %
102%
93%.
97
145
109%
116
s
-'V
15
_JTV
■
123 y4
120%
.
128
135%
126%
J-J
107%
107% 107%
107%
109%
A-O
104%
104% 104 5/a
103
1073/4
1053/4 1053/4
105
107%
U-N
51%
Apr
..1971
Jf-N
,.1959
Jf-N
98 3/4
98 5/a
99 3/a
4
51
67%
104 3/8
107 y4
98 5/a
99%
105
U-N
1061
,
52
105
J-D
-1950
51%
105
F-A
dabs
—
123Y4
»
122
943/4
'
-89%
108 l/a 109
J-J
1st gold 4s
108%
A-O
122%
of
105
——
1313A 133
A-O
-1980
1313/4
A-O
..1956
6%s
gold 5s
95%-
107
Oil
7
91
J-J
Southwestern Bell Tel 2%s debs_. .1985
Southwestern Public Service 3y8s. .1974
104
>
95 .\■ivhi8'»
..1996
6s
4s series A
gen
Div 1st
,
95
J-J
-1961
series F
Ry 1st cons gold 5s_
Southern
106% 106 ya
.
Co—
2 V4s ser G
104%
.
RR
27/bS ser E
mtge
102%
>
1st 4s
Term
60
Jf-N
108%
104
69
106% 106%
105
106%
__
106%
103 %
105
*104%
J-D
1293/4
106%
129 ya
105 %
105
1 1948
1229
114%
63 %
52
Jf-S
..1981
page
>
1053/4
Jf-N
General 4y4s series D_
Gen mtge 4y4s series E
see
114%
52 %
—
Jf-N
Htanri
footnotes
—
*..
*106%
.1969
139%
For
*112
1941
1971
1989
.1977
J-D
1981
105
..1981
(Oregon Lines) A
A-O
—1984
85
1st 4%s
Devel
F—
85
Gold
130 3/4
ser
85
1952
1990
Gold 4%s
1103/a
..I960
3%s__
100
93
111
130% 130%
deb
76
111%
J-D
mtge 3V8s
93
78
.1985
Ry 1st mtge_
—1968
Gen
120
96
1073/4-
1975
•
—1965
B
77%
76
107
107 %
St
sinking fund 4yas
4Vis series A
109%
109% 110
1
108% 111%
—1940
General
General
52'/a
104%
36
1960
May
52 3/4
373/4
,
73%
Paciiic Co—
—1963
gold 4s
sterl stpd dollar
*—
—-
Southern
boutnern
Pennsylvania RR—
4s
2%s debentures
110%
'
Consol
37
40
*92y4
.1979
110%
..1952
debentures
debs—*
107 %
1st
ctfs
Oil; 2%s
107 %
—I960
trust
40 Va
37%
.1971
A
A
bs
2%s
11
co—
Pennsylvania Glass Sand 3%s—
Pennsylvania Power & Light Co
1st mtge 3s
37
373/4
.1996
ser
debentures
3s
1st
debs
52%
.2016
A
ser
49
'
Pennsylvania-Central Airlines—
Pennsylvania
54%
47 s/a
Co—
RR
mtge 4'/2 s
tASeanoara
Bkelly
i
*108'/a
mim*
3-D
58.1949
53
1st cons gold 48.1968
Union Depot
108%
3-D
1956
78%
Nov 1989
ref gold 5s series A
&
108%
1979
cons
51
1900
ctfs
108
1985
gold 4yas.
73
58%
383/4 ;
1978
certificates
inc bond
4s
108
1977
Paterson & Passaic G & E
55
52%
54 %
of deposit stpd
108%
N
debs
50%
Southern Bell Tel & Tel Co—
J-D
1971
51%
deposit.
Socony-Vacuum Oil 2yas
South & Nor Ala RR gtd 5s
J-D
1970
M
ser
2%s
'7.
102%
ISt Louis-Southwestern Ry—
101 %
Co—
1st & ref mtge 3Vis series
I_
1st & ref mtge 3s series J
1st & ref M 3s series K
1st & ref M 3s series L
1st &
-y'''
•
100 V*
99 y4
—
47%
»jASilesian-A"i Corp coll tr 7s_.
V?/
98
97%
*102%
B;
4%s series A
Shell
P
102 y4
943/a
deposit—
series
5s
107
ioo3/4
*99
1950
4s
Certificates
96
;
54%
Francisco Ry
ser A_
San
A Prior
103%
—
96
.105
*1003/4
v
1998
1990
I960
6s
!8t Louis
105
1971
1st 4s_
ser
Grand Island
A
Jos
Bt Lawr A Adir 1st gold 5s
9Q
1053/4
s
109 Va
110%
56%
Bcioto V A N E 1st gtd 4s
1975
Oklahoma Gas & Electric 2%s
Oregon-Washington
J-J
108%
*_.
Jf-S
IIASt P A K C Sh L gtd 4%s
A-O
108%
J-J
Bt Paul
1975
125%
109
108%
—
—
Jf-S
Bt Paul & Duluth
lOgdensburg <fe
1974
125%
109
*108%
—
1949
A Gen
Alst
*126%
*
108 3/a/—
M-S
.1934
IA 1st term 81 unifying 5s
Ohio Edison 1st mtge 3s
1st mtge. 23/4s
88
—1969
112
103
104 y4 105
72
Gen mtge 3y»s series J.
11AR I Ark A Louis 1st 4%S
2d
*110
'
1
A-O
71
143
131%
—
105
1974
Lake Champlaln Ry—
guaranteed 4s
1948
104%
115%
103%
52'/a
135%
■
114% 115
'
.
137 '
•125
JU;,'
J-J
1964
105%
102%
107
M-S
1967
mtge 3%s series I
A Certificates
mtge 3Vis
; 993/4
.25
111% 112
tARut-Canadian 4s stpd
If ARutland RR 4%s stamped
Co—
1st mtge 23/4s
1st mtge 23/4s
1st
23
109%
138%
J-J
2047
100%
55%
100
49
108 "!
100%
v
•:
Jf-fl
2047
(Minn)
(Wise)
54
137
Jf-S
2047
1975
Power
54
Q-J
Q-J
Q-F
Q-A
Jan 2047
4Vis
States
*—■
2047
& Id gold 3s
121
993/4100 y4
104./
*103
__
1113/4
M-S
4%s series D
mtge
Gen mtge 33/4S series H
Gen
26
-.b
100 %
Jf-N
Corp—
42
95%
A-O
Elec
A
Gas
75
30
A-O
Alst cons
Rochester
55
95%
J-J
i960
1st gold 4s._ 1939
& coll trust 4s A
1940
39%
26
ry
105%
107%
104ya
'
Jf-N
*108
Jf-N
J-J
104%
v
J-J
registered.*
102%
v
liARio Grande West
15%
106%
1943
3s
15
Revere Copper & Brass 3y4s
6%
102%
19*0
Ref & impt 4Vis series
A
Ref & Impt 5s series C
Ref & impt 5s series D
165
251%
—
deb.
2%s
Reading Co 1st As ref 3%s ser D—1995
7%
J-J
1997
Oats
26%
103%
103
U-N
1997
110%
160
250
163% 163%
*250%
yy•"*i.vijt.*?•••
5 A Terminal 1st
gold 5s
han Y Wesi <Ss Bom 1st
4Vis
__
108
*107% 109
J-J
111
22%
Niagara Falls Power 3Vis
4fr registered.
J-D
112%
81
*106
'
Northern Pacific Ry
prior lien 4s
453/4
108
109
1093/8 109 3/a
93
27
6'/4
1998
A Gen
mtge 5s conv tnc
2014
Norfolk & Western
Ry 1st gold 4s.1990
North Central gen & ref
5s
1974
Gen & ref 4Vis series A
1974
113
108
83
272
20%
Norfolk Southern Ry Co—
1st mtge 4Vis aeries A
75
59%
83 ya
31%
J-D
1937
49
25
27
„M-8
1940
107
22 3/8
23
50% '; 78
13
86
1992
1937
102%
113
22%
•
Jf-N
2037
,
78
51
•
1963
1st 3 Vis
99
105%
75 %
51%
60
■
1965
3Vis
Corp
~9
%g
/
49
83%
Jf-N
Power & Light 1st
mtge 2%s_1975
N Y & Putnam 1st cons
gtd 4s
1993
N Y Queens El Lt & Pow
,
// 52 y4
63
59%
1953
N Y
75
29
'
49
1964
June
101
77%
52
...
127
•
1940
IAN Y Ont & West ref 4s
AGeneral 4s
;
51
51%
49
'
1948
Alst & ref 4Vis series of 1927
1967 '
tAHarlem River & Port Chester—
5
51
1954
4s
51
m-a
.
4s
%
105%
127
M&vis:
•105%,—
J-J
1973
2037
mtge 3s
mtge 8s
1st A ref mtge 8s
Jf-fl
1023/4
1033/4
;
Jf-fl
,,
102%
98 ya
*118%
1101
Jf-N
96
103%
98%
P-A
1987
4s
Gen lien
J-J
1977
3Vis
ADebenture
98%
•
*127
J-D
1st mortgage 3y4s
f AProvidence Securities 4s
deb
3Vis
*127 ■;■■■:
J-J
115%
deb
4s
106
15
*103%
J-D
1984
118%
87
105
106
102%
~9
101% 102
F-A
115%
-ANon-conv
deb
105 y4 105%
J-D
1977
M
1st
Pwr
100%
r
15
16
113
'. ANon-conv
N Y Steam
102%
-1962
1st A ief
1st
101
*100
—
.
■
lnc deb-
5%
••
104
1013/4 102%
.1948
ser
4%s series D—
«.st
.aPlttston Co
5
104% 104%
*105%
A-O
*109
■
ANon-conv
109
104%
A-O
Jf-N
IN Y New Haven & Hartford
RR—
ANon-conv deb 4s
1947
ANon-conv deb 3Vis
1947
ADebenture certificates
AConv deb 6s
IA Collateral trust 6s
105%
3-D
J-J
87
142
102%
111%
_
138%
1343/4
1
1960
1st gen 58 series B__
1st gen 5s series C_
1965
*
135
1313/4
"
'
19
1958
*
1973
A
'
1063/4
106
1959
4Vis series O
2000
series
m*
3-D
2043
4s
'mm
3-D
1973
West
—r-'
102% 102%
3-J
9043
Mtge 4s series A
Mtge 4s series B
'7
126 ya
2 i'
132%
1950
Young St Ash 1st 4s
1949
geld Rs
106
131%
*134a/4
..
6
1950
1st mtge 4%s aeries B
100%
98%
103%
134%
119
Coal—
debentures
Steel
1948
;—~
E
Purchase money gold 4s
N Y & Harlem gold 3%s
N Y Lack &
103
123
127%
U-N
1966
D
series
N Y Gas El Lt H & Pow
A-O
1951
gold 4s
3Vis
&
B
ser
120%
114%
Pitts
Connecting RR 27/8s
122%
121
--
—
*127%
1373/4.'
A-O
Pittsb Coke & Chem 1st mtge 3%s.l964
102 3/4
109%
102%
106%
117%
119
A-O
87
99%
105%
121
*__
—
J-D
.1978
81%
102% 102%
A-O
1986
21
*119
I"
Jf-N
5s series A.
Pitts & W V* 1st 4%s scries A
J-D
1980
F
ser
ft%& -1964
guaranteed
cons
P-A
mtge 5s series B.
-
1st
J
F-A
Gen
85%
82
.1960
Gen mtge
80%
*80
105%
*105%
F-A
Jf-N
98 y»
96%
10
/,
17%
103%
3-D
.1963
4s
.1940
.1957
gold
guaranteed
Series H cons guaranteed 4b
/ Series I cons 4 Vis
G
Series
993/4
94%
26
18%
103% 104%
F-A
.1953
—
6eri;s
107 y8
100
1
,
83
■•■'mim
•1
107
17
Pittsburgh Cine Chi A St Louis—
108
85
87 3/a
81%
104 V*
18
"
104
84
f
5
86%
*__
107
104% 104 %
*—
95%
// 96%
60
:/
84%
1997
River
registered
104%
—.
89%
A-O
2013
105 %
1964
943/4
F-A
,
&
Ref
105
A Certificates of
deposit
Phillips Petroleum 2%s debs
Series
N
108%
U-N
90
*
—
135
108
109
943/4
107%
,
131
17
94 s/a
20
>.
1954
of
104
142%
104 %
U-N
106
105%
137
141%
105%
J-J
s
107%
1053/4
1937
1st
106
108% 108%
1974
96
100
deposit
A
A Certificates
103
*__
*__
deposit
D
2%s
83
104%
j
/
94
*105
J-J
f 4s
43
'
—
*135
J-J
T
18 a Philippine Ry
83
102%
1950
of
series
A Certificates
Alst
*__
1961
2%s
92%
20
98% 101%
deposit
rel
2%s
M
ref
&
92 y4
87
99
and
ref
1st
84%
85
*__
—
C
series
85
19*4
of
Certificates
Alst 4Vis
-
deposit
193*
B
series
5s
series
1st
Ry—
A
5s
A Certificates
,
& Mexico
as
inc
A Certificates
:
&
:
High
106%
79
50
104% 104% '
Jf-S
New Orleans Great Nor 5s A
1st ref & imp
Low
1
50
*106
January 1
103 %
7
■■■■•
Wash
1st gold 4s—
series B
Range Bines
Sold
No.
*:>;
103% 103%
79
N O & N E
New Orleans Term 1st
High
F-A
1974
Bonds
Friday's
Apr
Apr 1990
Phila Bait &
107%
M-S
1960
ext
Peoria
127%
118
__
4s
1947
4s
125%
114
or
Bid & Asked
Lots
no%110%
*125% 126 %
110%
Bale Price
High
ii
F-A
Last
Period
Peoples Gas L A O ref 5s__
:
Week's Range
Friday
Interest
Exchange
January 1
*107% 108
Jf-N
1988
1974
gtd 4%s series B.
N J Junction
ENDING AUGUST 30
Range Since
Sold
No.
5s—>—1M8
cons
Bonds
High
——1®™
—1952
Gas
WEEK
BONDS
or Ft
may's
Bid & Asked
Low
Newark
FOR
Week's Range
107 3/a
104%
*102]/4 104
106 y4
104
106
Number 4521
.Volume 164
THE COMMERCIAL & FINANCIAL CHRONICLE
1229
NEW YORK BOND RECORD
RANGE
\
I OR WEEK
ENDING AUGUST 30
JL
:
BONDS
Friday
Week's Range
Interest
Exchange
York, Stock
Last
Period
New
Sale Price
or
Bonds
Range Since
Sold
Low
High
No.
Stock
York
Last
Interest
January 1
Low* High
New
Week's Range
or Friday's
Bid & Asked
Low
High
Friday
BONDS
Friday's
Bid & Asked
Exchange
Sale Price
Period
Bonds
Range Since
January 1
Sold
No.
Low
High
W
Terminal RR Assn of St Louis—
Wabash RR Co—
Ref &
2019
J-J
Ref <&
1985
A-0
1905
Af-N
Imp M 4s serCimp 2%s series D
Texas Corp 3s deb—
Texas
&
1st Si
New
ref
Orleans
••
*131%
1
**•»»
•
•
;
i-.
129%
106% 106%
—■
26
»
108
A Gen
AGen
•
Walworth Co conv debentures 3 %s-1976
M 3%s ser B—...._i970
A-O
1990
J-D
-.1985
.
99
'"i
'
104%
*105%
IOO
A-O
101% 104%
.
50
,
138
65%
J-D
M-8
*109%
Tri-Continental Corp 2%s debs
M-B
a* 102%
Baking Co 5 %s debs
(subordinated) ——
152%
88% 104
105% 105%
82%
51%
151
Western
Maryland 1st 4s
110
Western
Pacific
Western
Union
1st
M
&
coll
tr
—1971
jr-N
—1975
A-0
.1945
23As__
A-0
t§ A Union Elev Ry (Chic) 5s
Union Oil of Calif 3s debs
-1967
-1970
*--
J-D
104
—1947
-1976
-1991
103%
M-3
2%s series C
Biscuit 2%s
107
debs
J-J
4%s
/Virginia Electric
*103%
A-O
M-N
997/b
1st Si
1955
1st
58
B
ser
67
103%
'
10^/a
107%
107% 107%
7
108%
\
J-J
108% 108%
May
•
106%
116%
104% 106%
103%
27
104
18
97
J-D
102
101% 103
103
102% 103%
93
84%
J-J
84 V
;
.
.
78%.
J-J
85%
24
•
:
107
103
Winston-Salem
I960
J-J
'"f-W 1:
—
107V2
:
72
104
A Certificates
101%
104%
•
1st 4s——1949
deposit
....
of
JASu & Du div & term 1st 4s...1936
;: ACertlficates of
deposit...
>>
99%
101%
16
t§AWisconsih Central
99%
:
Electric
Wisconsin
2%s_„.1976
Power
a
——'0v'-
103%
24
111
*
115
103
103,
M-3
•100
J-J
•100
—;
A-O
*109
103
;
110%
1995
40
;
*_.
AMI
r.nnT
II
i'-
H
30
30
•
*109
J-J
78
90
81%
87%'
102%
.
—
102%
109
5
—
51
30
1
vVvv l-
56
30
36
34lA
102% 102%
3-D
117% 123
'..
81
•
30
106
103
_
44
80%
78
78%
■'
.■
110
delivery sale not Included In the year's range,
d Ex-Interest,
e Odd-lot sale not
Included in the year's range. * casn saw
Deferred
^Companies reported as being in bankruptcy, receivership, or reorganised
such companies.
,
123 C
per 200-
under Section
77 «
the Bankruptcy Act, or securities assumed by
•Friday's bid and asked prices; no sales being transacted during current week.
115
106% 113
•_
■
104
122%
109
106% 107%
107
M-N
<
v-.;v
J-J
>118
•'
109%
105% 108
1
14
§ Negotiability impaired by maturity.
tThe price represented is the dollar quotation
pound unit of bonds.
Accrued interest payable at the exchange rate of $4.8484.
106%
100
,
—
;
3
107
103%
,
91
104
included in the year's range,
n Under-the-rule sale not
not included in the year's range,
yEx-coupon.
111
114
1971
'
•
'
'78%
..<
..
100
100
107
115
M-3
■'*
107 %
99%
24
80%
*107%
M-S
101% 103%
94%.
84
13
102%
102
M-N
103
104
109
95% 108
95% 108 V*
46
Af-S
A-O
;
107%
■a
109
111
103% 104%
—
Af-N
M-3
1st 4s
117%
105 Va
106
"l
106%
J-D\
M-S
S B
104
114%
JmDi.
1970
1958
97%
'!■ 103 y*
110%
104%
68 %
'
1992
102% 104%
106
3":
■
-
F-A
Gen & ref M 2%s series A
M-N
1958
Virginian Ry 3s
65%
Wheeling Steel 3% series C—
Wilson & Co 1st mortgage 3s
Power Co—
ref
cons
■
104%
35
99,
106%
107%
102%
102%
16
106% 107
:
105%
28
99% 100 %
F-A
1957
g 4s series A
B_
Sc
107
103
28
101% 103
M-a
mtge 2%s ser E
1975
Va Iron Coal & Coke 1st
gold 5s—1949
Va & Southwest 1st gtd 5s
2003
.
102,
102:%
K
cons
99
6
104% 105%
97% 98%
-1976
-1959
-
f 4s series
s
A-O
A—.2014
inc ser
Wisconsin Public Service 3%b
Cons
105%
5
104
102% 102%
102%
-1966
U S Rubber 2%s debs
Universal Pictures 3%$ debs
Vandalia RR
,102%
Telegraph Co-
...—
v-':::;34;v';34
.103% 103%
F-A
Ref mtge
United
34%
90%
19
102
103%
A-O
Westinghouse El & Mfg 2%s
1951
West Shore 1st 4s guaranteed——.2361
Registered
—.——.2361
Wheeling & Lake Erie RR 4s
1949
112%
104 w
-
13
104
*
1st & land grant 4s
27/as debentures
.
109%
1
1J0'/a 110%
*103V4 103%
J-J
2%s debentures
Union Pacific KR—
110 %
M-N.
1952
—
Funding Si real estate 4%s—1950
25-year gold: 5s..——.—.1951
30-year 5s.—.
——1960
U
Union Electric Co of Mo 3%s
1970
series L.—1966
West Penn Power 3%s
105%
101% 103
—
,
103
F-A
110
—
7
91%
Q-Jf
103
2
98
'
•
uu
Washington Central Ry 1st 4s—1948
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd——1950
Gen mtge -3%s—
1967
105%
102%
30
68
96%
90%
Sy
F-A
Warren RR 1st ref gtd gold 3%s—2000
102% 106
..
Apr
Apr
Ward
101
99
1
«>'■'
..
99% 100
66
Tol it Ohio Cent ref & impt 3%s..1960
Trenton Gas & Eleo 1st gold 5s—,1940
1961
3
.
100
140
104% 105
J-D
J-J
i960
Jan 1960
104
104
140
99%
•
.
J-J
Pac Tenn RR of New Orl 3%a~ 1974
i
104
•
A-O
—2000
Third Ave Ry 1st ref 4s
AAdJ income 5s
mtge 4s inc ser A——Jan 1981
mtge lnc 4%s ser B—Jan 1991
1st mtge 3%s ser B_
-——1971
'
RR—
1st Si ref M 3%s ser C
Texas & Pacific 1st gold 5s
•Gen & ref M 37/8s ser E-.
Texas Pacific-Mlssourlr—
,92% 102
•
109
105Va
49
*
137%
105%
—
105% 106
ABonds
:
selling flat.
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash and deferred
in
footnote In the week
a
delivery sales
in which they
are
No account is taken of
occur.
AND
YEARLY
RECORD
disregarded In the week's range unless they are the only transactions of the week, and when selling outside the regular weekly range are
such sales in
ftbovn
computing the range lor the year.
In the following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday
Aug. 24 and ending .the present Friday (Aug. 30).
It is compiled from the daily reports of the Curb Exchange itself, and is intended to include every
security, whether stock
or
bond, in which any dealings have occurred during the current year.
RANGE
STOCKS
New York Curb
Week's
Last
Sale Price
Par
ACP-Brill
D
Aero
-.1
couunun.
—10
......
—5
ire
to
Co
Air Associates Ino
Alreon
60c
(N J)
preferred..
Alabama
Great
Alabama
Power 4.20%
Southern
Airlines
Allied
Int'l Investing $3 conv
Products
(Mich)
Aluminum Industries
6%
Ltd
•
American
73
72%
114%
22%
79%
22%
178%
~9%
10
Co
—SO
Atlas
Plywood
116%
Jun
25%
Ayrshire Collieries Corp
14% May
12% May
Aug
3%
Feb
7% Aug
11%
Jan
2
,
.
~7%
12%
~9
^
I 7%
100
;
16
200
2,700
10%
39% Feb
26%
35%
Aug
Jan
Apr
38% May
18%
25V« Feb
26% Jan
16
35/
13%
Jan1
12% Aug
7% Aug
800
8'A
16
26%
91
Aug
7% Aug
24
100
16
16% Jan
July
70
1
3,300
26%
.1
,
17,700
33%
12%
Jan
Jan
22%
Jan
28
Apr
41
.
May
Feb
' Jan
26
Jan
B
207% Aug
114% May
107% Aug
Jan
Feb
121
•
...
50
9
30
1
Votiug Machine...
—*
(B F) & Sons common
—8
preferred...
——
28
6%
90% July
Jan
Apr
%l68
2%'
72%
7%
8
Automatic
July
19% Aug
y'\:
70
30%
Products..
Automatic
Avery
22
2
72%
—...1
Atlas Corp warrants
Aug
May
16
~2%
Corp—
Coast Line
Atlantic
133% Jan
12
27%
10% Mar
4,500
*
Feb
/ 10% Jan
10
Mar
100
1 2,200
Jan
15
2,500
ii%
75
Jan
107% 107%
11%
£1
dep rects reg_.
Jan
115%
18% July
1,300
,
8
May
178% 193%
11%
-
7%
29
i T *•'.
•
10G
21
8
48
63 Va
m
—*
Feb
113
19%
Apr
Jun
111%
Birm & Coast RR Co pfd—100
Atlantlo Coast Fisheries
—
1
111
Jun
8%
11
Atlanta
Aug
650
10% Aug
Associated Laundries of America
12% Mar
700
22%
5% Aug
3,800
Associated Tel & Tel class A.
20
5,300
.114% 115%
8,400
10%
Jan
300
v
4,300
5%
10%
Jan
9%
8
4% Aug
5%
15%
5
17%
116
157/b Jun
Associated Electric industries-
4%
5%
10%
22%
;
High
,
9% Aug
3,200
10%
Aug
550
12%
21
,
•
common
common.
Feb
Low
High
9%
38
: Aug
109% July
6% Aug
100
2,100
Low
9%
Range Since January 1
Shares
"
Common
6%
13% Mar
_•
preferred—
Feb
5%
—*
Arkansas Natural Gas common
Apr
23%
■,!
Inc
40
12%
20
IOO
Mfg..
•
Sv-.:;-5oii'
7%
Jan
4% Aug
37Va Aug
9% Aug
Aug
4% Aug
•
5
.«•'
common
6%
preferred
Aluminum Goods
Aluminium
pfd
common
Feb
class A non-voting—*
preferred.——
.
10
Arkansas Power & Light $7 preferred.*
Aro Equipment Corp
—2.50
Ashland Oil & Refining Co..——-1
21
13
1 ::
1,200
:
-
122
•
6%
V
700
.
110% 110%
6%
15
•
;
150
10,800
6
Jan
7%
Aug
137/b Aug
200
10%
4%
4
1,100
i
13%
9%
116
l
Co common.
Aluminum Co
5%
i
Allied
38
Jan
13%
i
'
5
37%
13
100
—
& Fisher common
Bros
9%
13
3
bo
pfd
Inc..
1,200
4%
37%
...10
_
13%
3,600
15%
4
4V2 Aug
1
Argus
Sales
for Week
of Prices
Par|
^;;
30%
23% July
'''
.
•^11^. |:
11% Feb
22
Jun
14% Aug
70
1,200
High
6% Aug
1,500
5%
IS-,/
4%
16 % X16 %
10
Corp common_....._._50c
Mfg
convertible
Alton er
14%
1
preferred.
Air-Way Electric Appliance
Alaska
~4%
2
common
Convertible
15%
24%
in
5
ivllg common
Air Investors
14%
24
24
1
Supply Mfg class B—
200
6%
Last ;
Sale Price
Range Since January 1
LOW
Week's
Range*
Friday
STOCKS
-
New York Cnrb Exchange
Shares
High
6%
Aluminum Alloys
F
AmoWut *u
AlJes
Low
-
ENDING AUGUST 30
tor Week
of Prices
warrants
V
Acme
Acme
a
Motors
WEEK
Sales
Range
Friday
Exchange
FOR
Babcock & Wilcox Co
*
tft. to
48
42
42%
100
12%
43%
14%
2,700
.63
May
Baldwin Locomotive—
American Beverage common
American
Book
American
Co
Central
American
Cities
Convertible
1
4
100
Mfg..
Power
class
&
;
4
;; 500
67%
l
16%
67%
17%
1,500
Aug
5% May
57
|v' 50
14%
4
Mar
76
Apr
22% Jan
14% Jun
jjlght—
I
28
55X
553*2
55&
3,800
50%
51%
51%
51%
1
8%
7%
8%
1,050
4,700
47% Jan
7% Jan
American Cyanamld Co common
10
Ainerlcan & Foreign Power warrants..
X49%
A
A.
....
Class B.._—
American
American
4% %
Fork
Gas
&
&
Hoe
Electric—
2%
11,300
8,800
20 %
22%
General
convertible
Corp common
10c
preferred...—..1
42%
46%
5,900
•150
44
$2.50 convertible preferred—..
•
•; 47%
600
110% 110%
—.10
1%
21
«.*'
common
49
2
preferred....100
American
$?
*
*3%
4
3%
49%
..
40
:
109%
23
23%
37%
40%
American
23%
23%
25%
28%
28 Va
28%
18
17%
18%
4%
12,800
1,500
preferred-..——.
Mfg Co common
Maracalbo
Co
25
,—25
1
.
n
4
,v
American
Meter Oo--—, *
American Potash & Chem class A
•
Class- B
t-L—
American
Republics—.ui
American
Seal-Kap
10
common......
f
I
■
...
_•
■
,.—8
2
u.—
Angerman Co Inc common.
i
Anglo-Iranian Oil Co Ltd—
Am dep rets ord reg.
£ i
Angostura-Wupperman .—.——.—1
Apex-Elec Mfg Co common
' »
■
Appalachian Elec Pwr 4%%
For footnotes
see
page
pfd—.100
1233.
Steel
Barlow
&
$1.20
(L)
Bellanca
(A
:
300
24
100
7
50,200
2
Aug
67%
3,600
1,700
43
Jun
Ridge Corp common—.
optional
Jan
6
9%
10%
9%
8%
10%
9%
1,800
1,200
'11%
1,200
•
8% Aug
10% Aug.
Apr
3%
Jan
89
Jun
7% Feb
12%
•
.
7%
38
116
41%
600
116
50
11%
200
11% Aug
30%
33%
26
27
5
Mar
35
Mar
111%
Jun
•
(H C>
Feb
15%
Feb
17%
Feb
21
May
6% Feb
12%
"3%
24 •••;;.
12
#3.%
1
225
43/4
9,900
55 Va
4%
55
200
36
1,600
50%- 53
200
33
;
1
—•
—*
21
British
American
Jan
4% Aug
55
Fen
25%
45
4%
Jan
Feb
Mar
Jan
Jun
4%
21
2,500
Aug
4% Aug
Feb
49
May
6%
Jan
14*56%
Jan
55% July
39%
Jan
70% May
150
65
Jan
Jan
31% Apr
27%
31%
5%
31
Jan
Feb
Feb
Feb
•"8%
9
20%
800
:gr
27*
300
27
Feb
12% Apr
24% Apr
33
8%
Feb
36
Jun
23%
Apr
27
Aug
7% Mar
Tobacco-
1
Co
v
■
.
*
■
48Va Apr
116% Aug
30
31
■;
Oil
Feb
Mar
—
American
Jan
Jun
16%
39
23
4%
Jan
Apr
900
21
40%
12
21
•
common—
A
British
,
19
20
22%
•
Jan
6
2,100
42
26
21%
Feb
July
34%
24%
200
42
25
22 ;v.
9%
203
3% Aug
Jan
19%
135
•
Feb
July
39% Apr
Jan
54% Aug
|:
July
May
33% May
22% Aug
150
":l 1,300
12
5% Aug
165
8,900
-
42
40
4%
28
...
I
36% July
"3%
23%
"3%
33
Aeronautical
Mfg Co
197
197
32
Jan
22
Apr
21% Jan
-
1,100
t 30
__
53
Bridgeport Gae Light Co—..
Bridgeport Oil Co
—
Brilio
■
1,200
1,200
53/a
—.100
—
Inc
—
'
5%
_.*
Brazilian Traction Lgt & Pwr._...—_*
Breeze Corp common.——
1
Brewster
'
.*
Co common—
Borne Scrymser Co
■■■■■"■
*
1
preferred
1st preferred—.—
Class
600
convertible
$3 opt conv pfd called—
(S> & Co
Bohack
11%
I
5%> July
8% July
16% July
5%
11%
Blumenthai
57% May
24*% May
Bourjois
6
17
26%
Co .com
—
$3
57% May
Aug
2%
Blue
50
38% Aug
15% Aug
7%
9%
375
-1
....—.1
common
12
f 7% Aug
2,300
—•
„..*.
...
25
Feb
28%
100
Hedges common
Convertible preferred.
Blckfords Inc
19%
100
X8%
31%
of Canada
&
Birdsboro Steel Fdy & Macb
Blauner's common
Jan
Aug
10% Jan
8% Aug
14,000
7%
1
29% May
32% Jan
Jan
"*9%
23
26%
Berkey & Gay Furniture.——..
5%
Mar
27%
1
—
Benson
3% Mar
'40
Aug
41
Aug
12
1%
2.50
—
Corp..
common
Bell
'
61%
5%
Shoe
Feb
7%
5%
S)
Jun
28
July
17% Aug
Jan
July
1
54
Jan
"8%
23
"8%
—1
com.
51
Aug
4,900
6%
new
Jun
27
20
10
•
& Co common
Aircraft
Tel
12% Aug
1
Beaunit Mills Inc.—
Beck
Jun
46
18
2
1
Corp.—.—
Brummell Ties
Beau
44
Seelig
Refractories Inc
Bauman
13%
.
Mfg—
convertible A common.
Jan
July
15%
63%
Writing paper common—,—*
Products
5%
37% Aug
23% Aug
16%
•
Thread
preferred
shares
Barium
Basic
1
common
Apr
41%
Andes—
de los
Feb
.23
4,300
2%
American
Post
150
42%
2
49% Apr
113
500
.42%
-43
Jun
1,000'
1,500
38%
10c
American
Anchor
41
Jun
•
Superpower Corp com
$6 series preferred——.:
5%
40
lT
39%
U.—
Amer
Rubber Co
Baldwin
Banco
30
51%
800
3%
6%
American
preferred
47
23
American
29
July
Jun
fg Aug
11% Apr
63% May
5% Jan
/
3% Aug
—
37%
.25
Jan
55
52
20% Aug
49%
..1
common
Jan
1% July
3,400
American Hard Rubber Co
25
American. Laundry Mach——..20
Light & Trac
7%
American
..25
Class
•
■
Am
Am
fl
reg.————£1
dep rects ord bearer
dep
rets
ord
•><•1
—
—
193/4
193/4
40u
19%. Aug
19% Aug
21% Aug
24%
Jan
,TH£ COMKrERCIAE 6c FINANCIAL CHRONICLE
1230
Monday, September 2, 1946
NEW YORK CURB EXCHANGE
RANGE
New York. Curb
Bang*,
Low
Fat
British
5%
Amer dep rets ord reg
10s
British Columbia Power class A——*
Class B
—•
.
Brown Fence & Wire
A
5%
Low
53/4
3%
'
;i<
1,300
'•i-—
3%
3%
,
10%
10%
1,600
3,100
11%
24
24
5% July
Jan
3% Mar
7%
Jan
31
May
New
common
1
$5 prior preferred™..
Brown Ruhber Co; common
Bruce
Detroit
Detroit
Mich Stove
Jan
76% May
34% Aug
10%
10%
11%
44
44
28% Aug
5,100
•
mm mm
,
„
(
-
■
100
Jan
102%
Feb
Jan
14%
Jun
S
:•
r
8%
2,300
100
41
Mar
50
May
v: 16
% Mar
30
July
•
Burry Biscuit Corp
Butler (P H) common
25%
25
12%
13%
1,400
12% Aug
19%
19%
20%
3,800
183/ii Mar
—
dep rets
25%
12%
2.50
Bunker Hill & Sullivan,.
W—
•
...
for Week.
Shares
&
Mig
15%
1%
1%
2%
43,400
1% Aug
8%
73/4
8%
5,200
15%
800
73/4 Aug
7% Mar
12 %e
25o
'
15
15
Distillers Co Ltd—
V
Am dep rets ord
Divco
32%
35
23%
Jan
3%
Aug
3%
43/a
11%
12%
32
35
15%
14 %
10%
-432
50c
com
ill
12%
Aug
107/s Aug
21% May
18% July.
Jan
8% Jan
26 sk
Jun
Domestic
4.
Feb
;:
12% Jan
19 V* May
reg
£1
1
18%
21%
1,300
1
13%
14%
600
10,200
&
50s-
Sugar
California
Callite.
60s
Fire
Bread
Co,
A
non
6;300
&
11%
6%
7%
& Chem
4% n 5
1
—•
15%
21
(J W) Co
Co Ltd
17%
•
*
Ltd
83% Jan
107
83
Mar
96
Mar
65
Feb
98% Jan
110
May
9% Mar
12
Jun
~2%
*2%
"2%
37
»■
56
56
57%
Ohio
Steel
Products
14% Apr
36% Jun
51
13%
Jan
23 % July
96% Aug
97% Aug
10,400
96%
97%
80
28%
U%
32%. 37%
10%
36
Apr
110
106
States
Electric
$3.50
49 Va May
53% Apr
88
May
Fairchild
V14%
Apr
19
Jun
Falstaff
26%
26%^
1% Aug
4
Feb
*
Fedders-Quigan Corp
I
Federal Compress & Warehouse; Co—2$
Fire Association (Phlla)
II
Fishman (M H) Co—
50 to $1 Stores
—1
27
29%
13%
14%,
143
15
yl
110
14%
144
Xl4%
12%
12%
15%
12%
1
20%
19%
5%
5%
4%
^ I v
20%
1
100
5% V
1
.
.
140
20
900i>
K
5%
500
14
•
750
38
100
60
•
13%
14%
400
common
Development ordinary
4%
Airlines
J
Fire
Gas &
13% July
3,000
1956
1,700
23% Aug
43
1,300
37
6
50% July
12% Jan
99%
99%
330
warrants-
fa
35V2
36%
3%
Jan
13%*^
-
6%
Apr
8'/s
Jan
11% Aug
2,400
5%
21,200
100
Jan
21% May
27
Aug
11% Jan
: : 5,200
6,100
25
J&n
60
Jun
22% Aug
Am
6% Aug
dep rets ord reg.
:
.
29% Jan
Jun
Class A non-voting
23
Class- B
25% Jun
voting.
1% Mar
4% Aug
7% Mar
> Amer ..dep rqts bearer.
Fort Pitt Brewing Co—.
9%
51
27% Jan
Fox (Peter) Brewing
Franklin Stores
85
May
Jan
Aug
110
112
$3 conv stock.
4% convertible, preferred————IN
:
30% May
40
July
July
18% Aug
28
Mar
Fuller (Geo A) Co
Jan
35
Ford Motor of France—
Jun
150
July
Feb
48
Royalty
Steel
35% Aug
42
Apr
3% Aug
9
Feb
25
26%
400
400
24
2%
'2%
300
22
2% Aug
88
82
Feb
91
Jan
115
Apr
121
July
111
100
108
Apr
112% Aug
1
Oil
5
111
8%
86%
*
10
3%
9%
1,300
87/8 Aug
85%
91%
3,975
1,200
71%: Jan
3% July
34
3%
3%
40
38%
42%
1,600
12%
12
13%
4,700
1
24%
24%
27
2,300
•
•
36%
35%
10%
10%
1%
18%
Reynplds—
1%
18
common.
11%
5%
4%
42
26
3,600
1,600
18
101
:
150
Courtaulds Ltd—
receipts (ord reg)—£1
Petroleum
8%
8
Croft
--1/
Crown
Cent
Crown
Cork International
Petrol, (Md)
—5;
400
8% Aug
24% Mar
Feb
47
33
,
Feb
44
July
14% Feb
,
3% Feb
26% July
i, >
7 % Jap.
110
Apr
6%
Jan
44 %
Aug
11
Jan
38
\May
17%
'
7%
31%
35%
5,400
2%
3%
16
20,900
15
3;V''
1,000
13
16%
18%
2,100
14% Feb
23% May
7%
8%
7% Mar
10% May
2%. Aug.
2,100-
Jan
5%
Feb
213/4
Apr
-
A.
20,
7%
common
preferred
28%
Crystal Oil Refining common
$6 preferred
-•
3
20
21%
7
3
Sugar
29%
100
106%
common
:
(Mo)
9
14%
-
9
13%
23
6% Jan
250
3%
34
18% Jan
4,300
30
29% 32%
106% 107
22
2.50
common
600
7%
28%
34
preferred
Lighting Inc
32
V
•
,
8%
Aug
Jan
17% May
Aug
.
4
Aug
36% May
1,800
/
Mar
;V5,( July,
150
43-
6%
10% Aug
1% July
2,700
V
95% July
24% Aug
2,700
1%
12% Jan
I
Jan.
9% Jan
500
107
4
preferred
40
19%
5%
.
101
Curtis
July
20
Coro Inc new common.
Tobacco
Jun
25
1,000
.—10u
Cuban
Jan
49
Feb
88%
Range Co.,
Cornucopia Gold Mines
convertible
5
Jan
16%
1,100
100
C
Corp
Brewing Co
Crosley Motors Inc
Crowley Milner & Co
Jun
26% Aug
117% 117%
Copper
dep
28%
Aug
44 %
21
27% July
3
Aug
300
:
10
31
JOly
7,600
29% Aug
370
105% May
22
Aug
8% Jan
100
9%
250
14%
450
13% Aug
Gauneau Power co
24
May
10% Jun
36
Jun
6% Apr
60
36%
108
Apr
Feb
May
38%
Jan
13%
Feb
20
Feb
new
com__2.50
class A
conv—35
Davidson Brothers Inc
Dayton Rubber Mfg
1
60o
common
For footnotes see page
1233.
36
12%
37
35
Aug
39
13%
11% Aug
16% July
39
36 % May
39
13%
15
13
Jan
Jan
Jun
18% July
Jan
1073/4 July
preferred series A
—
27%"
24
n
Preferred
Gilchrist
4'
25
200
31%
100
243/a
23%
26%
20%
20% ' 21%
2,500
5,000
24
17%
iv
16
7%
Great
1st
Si
Gulf State
Pacific Tea—
stock.
1%
16.%
57%
18,
60.
26%
Products
•
Jan
Jan
27
Jan
43 %
Jan
55
Feb
29%
Apr
39
Jun
193/4 Jan
/ 27
Feb
28
Jun
Mar
243/4
Jan
17% Aug
26%
Jun
213/4
19
6
Jan
Aug
61% Aug
V
142
'
433/4
21%
common
20-
28*
IN
-
119%
141-
•
141
21
20
.
-
Jan
Aug
20% Jun
Lamp Co—
—
Bridge Co Ltd.
Hammermill Paper—
10%
8%
36%
7%
36
Aug
4
Jan
53
Jun
-750
53
July
3,000*
26% Aug
300
9% Aug
16
1,900
2,600., -—20% Aug
,
July
-75Q~ —100 % Mar
^50- .-434>", Mar
22% Apr
71
Jan
47 %
Jan
14% May
23%
37%
135
147
Jan
Feb
Apr
July
46% Aug
3,300 ——17 % Jan
13% Jan
2,20O>
xlll% May
20.
28 3/4
21V4
12 3/4 Mar
•
.10
107 »■
2,500- .—38% Mar
113% 1133/a
Ball
Feb
Feb
23%
Alabastine——•
Hamilton
Feb
44
45%
,43%
'
Apr
1% July
22
115
30
8%
69
48'/a Jan
10 3/4 Mar
18%
2Q%
Jan
700
10%
•17%
-V,:
20%.
-21
Utilities $4.40 pfd
May
115
111
20,000
28
;.l
.100
preferred.
Lime St
200
9%
—1
Stores
Northern Paper.
Stores
31%
-
27%
Greenfield Tap Si Die—
Grocery
%'
18
common
25
58
pfd—28
Co.
Atlantic
1,800
1%
i—
Grand Rapids
Non-voting
110
Jan
103
Gorham Inc class.. A.
Gorham Mfg common.
Great
19%
63/8
61%
6
prior preferred.
Consolidated Mines^.
Graham-Paige Motors $5 conv
Varnish..
600
<
3.1.
6%
31
Grayson-Robinson
'
61%
17%
Inc
Goldfield
Gray Mfg
950
31%
Mfg Co—
140
Jun
6% Apr
Jan
103% Aug
31%
27
-
24
B.
$4.50
/ j an
23% Apr
.1
53
27
Inc common.
Godchaux Sugars, class A...
Goodman
Feb
Apr
109'
111%
Gobel (Adolf)
Class
Aug
Apr
12%
31%
110
Coal..—..—
Globe-Union
July
4
4%
'
103% 103%
Co.J.
Alden
Jan
105
Gladding McBean St Co...
Gleaner Harvester CorPGlen
liy8
.
~4%"
preferred—
————**
-*
Mar
1043A Feb
pfd—IN
General Plywood Corp
——1
General Public Service $6 preferred—.*
General Shareholdings Corp com——.1
$6 convertible preferred.—.—
*
Geoigta Power $8 preferred
—
common.
10%
Jan
77/a Aug
——————
(A C)
18% Feb
17% Feb
9%
General Outdoor Adv 6%
$5
Jan
93/4 Aug
15% Aug
10%,
General Fireprooflng common.
Gilbert
Jan
9%
'
Amer dep rets ord reg.
General' Finance Corp common.
Warrants
14%
4% Aug
Gen Electric Co. Ltd—
5%
22
6% Aug
Aug
11%
39
13%
//
Gellman Mfg Co common.
General Alloys. Co.
Jan
14,
16%
17%
preferred.
Gypsum
Davenport Hosiery Mills
commoi
10%
97
14%
X16%
Garrett Corp commoi
5%
17% Jan
26
% Jan
100
Continental Fdy & Machine Co
Cook Paint & Varnish Co—
convertible
fa July
450
1,900
24
—*
Co
$6 preferred A
Cosden Petroleum
56,300
4
•
Co
Utilities
Consolidated
Dejay Stores
5%
■
101% July
Jan
1
Consolidated Mining St Smelt Ltd
Consolidated
97-
1
i
series
Gas
Curtis Mfg Co
Aug
Aug
34% Aug
2,250
32
25
———1
Consol G E L P Bait common
4%% series B preferred
Atlantic
Jan
11,200
•
Crown Drug Co
6%
July
7%
36%
1
American
17% Apr
25
$3 preferred
Consolidated Biscuit
&
Apr
25% Apr
41%
Conn Gas & Coke Secur
common
Corroon
105
28,
1946..—
Textile
Jan
6
34%
,
Arms
Community Public Service
Community Water Seivice
Comoo Shoe
Ma^'nery—
preferred
Jun
Jan
4
31%
•'
'•.Y"
lf£^4.''V 'V
Electric—
preference
Commonwealth & Southern
Consolidated
Feb
Mar
50
23%
warrants
5%
to
9
20
Jun
...■■
Ford Motor of Canada-
Aug
37
7.50
Iron
Jan
6
Mar
7%
Feb
Jun
Ford Motor Co Ltd—
100
Inc
&
5%
July
' ft;'••
11%
Engine- St Airplane*
Brewing.
Fansteel Metallurgical
32
;
4% Aug
15,200
15,
47
22
34%
'sr,' >v..;.
,
21% Jun
15% May
Jan
5%.Aug
14%
Cockshutt
153/4 Jun
156
July
19% Aug
46
14%
%
Feb
Jan
11
1,100
1,600
6
41% Jun
166
Xl4% Aug
800
r
184% May
Feb
Feb
13%
100-
to
;
0-.
28% Jun
Jan
26%
140
300
ext
Aug
150
1,450
Aug
Aug
10% Feb
250
:
Jan
56
13
16%
24,300
4% Jan
30
common..
Aug
.
Apr
Apr
1G
:
49% Jan
—1
preferred..
Line
68
13%
ext
convertible
20% Mar
80
V t c
$3
112
Jan
12% Aug
3% Aug
Inc.
12%
Patent
109
325
•
Apr
preferred
80
Empire District Electric 5% pfd—100
Emsco Derrick & Equipment
•
Equity Corp cominon
10s
875
•
Apr
/ 30%
5%
24%
10
27
20% Aug
:
74
14%
v; 12% Jan
1
Corp
72%
32%
166 % July
39 %■ Feb
Pipe
157%
Jan
Feb
6% Jan
19% Feb
23
175
783/4
July
24% Aug
Eureka
May
77% Mar
71
Jan
28%
Jun
139
Feb
151
Jun
28%
70% Apr
$5—;
29
165
Jan
15% May
43%
18% Aug
common.
common
Esquire
4,300
56%
Jan
10
Co
52 %
2
98% May
.
10% Aug
22
1%
Jan
Jun
25
16% Mar
16»/4
Jan
5
Mar
Elgin National Watch Co common—15
53 % May
75
Columbia
Share
&
formerly
Jan
•
Fuel
pfd
Jan
6
42%
49% Aug
16% Jan
10
Corp.
68
$4.20 pfd. formerly $6.
37
6,700
May
104
Mar
,£! 75
100
100
Illuminating-.
69
Electric Power St Light 2d pfd
Option warrants
.
106
Club Alum Products Co
Mills
Bond
20
6%
Jan
8
92
3% Aug
••
200
Eastern Sugar Associate*—<
$5 preferred
Easy Washing Machine B.
Economy Grocery Stores—
260
,
-
1043/4 May
Feb
37% Mar
800
200
x737/a
65
-50
17
1
Mfg Co
Claude, Neon Lights Inc
Clayton & Lambert Mfg
Colonial
Apr
"
21
4
Clarostat
97% Jan
21
16%
5
Co
Colorado
Feb
20
4% Aug
350
2,100
-————-•
Corp
21
•
Co
10%
14% Jan
2,600
5
B
Coal
24% Mar
'
52% May
166 % Apr
-
Electric
5v;
75%
6
•
Colonial
Jan
32% Aug
35% Aug
i
4%
72
100;
Falrchild Camera A Inst
Controller
Feb
6% Jan
2,100
700
17^;'
17
16
100
8
1
common
Plow
17%
20%
$7 preferred series A.
$6 preferred series B.
/
38
—
Malleable Iron
Eastern
975
..
100
$6 preferred BB
Clincbfield
7%
1003/4 101%
1
Eastern
'
:
115
38
34% July
106
May
15 % May
May
10%
8'500
10%
100
City Auto Stamping
City & Suburban Homes
Cleveland
Jan
106
50o
1929
18-
300
29
100
100
Macn
preferred
20%
73/8
Apr
Apr
Jun
17% Mar
18%
1
common
*
*
&
20%
prior preferred...
Electrographic
preferred
5%
68
122
34% Jan
15%
100
«u-
Cities Service
Cuban
Feb
Jan
200
;
100
Consolidated Mining
IChilds Co preferred
1%
33% Aug
July
•
Chief
Creole
Jan
10% JUly
10
D
r»0 crr\
£1
*
1
*
last Gas & Fuel Assoo common.
Elliott
Chicago Rivet
5%
Jun
45
900
43
1
Chesebrough Mfg
Consol
38
52%
30%34%
10
4%
Feb
117
1
Chamberlin Co of America
Vtc
Jan
20
29%
Cliaris Corp common
Cherry-Burrell common
Colt's
164% May
4% Jan
30
29%
*
Vs. v.'
May
24% May
2% Aug
37
29%
10
America
25 Yo
32%
'■'i
•
Cessna Aircraft Co common
Colon
22% Aug
164% May
•
preferred
Clark
Feb
13% May
•
Conv pfd opt div ser
Conv pfd opt div ser
60c
18
17
•
Central Pow & Lt 4%
pfd
Central & South West
Utilities
8Cent States Elec 6%
preferred
$6
Duro Test Corp common.—
Duval Texas Sulphur
105
25% Aug
15% Feb
—
S
A
Cent Maine Power Co
3.50% preferred
Central
105
July
Jan
May
15
-100
com
of
Feb
41% May
21% May
54
Co
Dunlop Rubber Co Ltd—
Am dep rets ord reg
Durham Hosiery class B common
4%%
•
& Co
Cnrv
11%
6% Aug
1,300
Apr
8%
•
Textile
Corp..
preferred—
Products
(A M)
3,800V
22%
21%
21%
*
Castle
12% May
13% Jan
Aug
10% Aug
23
—*
class
Casco
7%
8
103/8
Jan
5
3% Aug
200
63/4
*
Carnation Co common
Carolina P & L $5 pfd
rat.ailn
200
8V4
10%
;'V/8vv/
6% May
100
Class B
Carter
35%
3%
"8%
Jun
7
Alconol—
voting
Co
3% Mar
Feb
Apr
227/a
38% Jun
11% Mar
Dominion Bridge Co Ltd
Dominion Steel & Coal B
Dominion Tar
Feb
28%
*
City Products
Carman
800
1
voting.
Class B
53/8
1
Ltd
Industrial
/
4%
10
Corp
Insurance
Canadian Industries Ltd—•
7% preferred.
Canadian Marconi
Capital
5;
200
1
Canada Cement Co Ltd common
6% % preferred
Canadian
Class
5
£1
Power,
Tungsten
Camden
Canada
pfd
Estate
Electric
5%
5
——
Wireless—
Calamba
13% July
r24%
4% Aug
Industries class A. com—
Duke Power Co.
Voting trust certificates
17% July
133/4 Aug
Driver Harris Co.
American dep rets 5%
17% May
393/4 Mav
1
.
common
Dobeckmun Co
Dominion
Cables
133/4 May
37
Aug
7% Feb
31% Mar
14%
11%
Corp common
15%
Draper
Cable Electric Products common
May
10 3/4 Aug
S? 4
common.
Corp new
Jun
180
113/4
Devoe.& Raynolds Class B.
Stores
21
Feb
145
Detroit Steel Products
Diana
13% Jan
103/4
;
Co
Bange Since January 1
Low
High
High
"J;-14,'
15
'
1
Co, common
Brack Silk Mills Ltd
Burma Corp Am.
34%
Gasket
*
11-
Gray Iron Foundry..
Detroit
44
„
28%
■
—
(E L)
Buckeye Pipe Line
—'
30
.......-.-1
—
,
I.-—-
common
Jan
17
33
'
Brown Forman Distillers.
Derby Oil Co
Jun
Jan
Aug
9%
Sales
Bang*,
of Prices
Loip
Dennison Mfg class A common
8%, debenture
4% Jan
24
100
Week's
Last..
Sale Price
High
25%
'
—
24
I
—•
Friday
New York Curb Exchange
'
'
'
.
common
preferred
30
Bangs Since January 1
High
Ltd—
Celanese
Class
for Week,
Shares
•f Prices
Sals Fries
ENDING AUGUST
Sales
Last
Exchange
WEEK
FOR
STOCKS
Week'*
Friday
STOCKS
11%
83/0,
37
10% Aug
7% Aug
35% Mar
Jun
28% May
116
Jan
16% Jun
173/4
Feb
11%
Feb
52% May
,
Volume 164
Number 4521
THIS COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
RANGE
STOCKS
"
Friday
New York Curb Exchange
Week's
Range
Last
Bale Price
'■■:i
-v-'
■■
;V-A.•'.A'>■'AA A•A;:!, v
; Par
Hearn Dept Stores
Heller
CO
5%%
common
preferred
Henry Holt & Co
Hey den Chemical
Hoe
(R)
Hollinger
Consolidated
Hoiophane Co
Horder's Inc
G
Hormel
18
2,400
15%
7,100
13% Aug
19%
32%
225
30
48
Apr
15%
16
13%
15
13%'
107%
16%
260
18%
34
32
71
78
-11% ;
1
xll
600
12
65
13%
25%
100
42%
:
*
42%
80
Horn & Hardart Baking Co—.——*
Horn & Hardart common
•
169 ' 170
5%
preferred
Hummel-Ross Fibre Corp——
Hufd Lock & Mfg Co
;
Hussmann Ligonler Co com
#<2.25 preierred
Com stk purch warrants
Huyler's
1st
—
87% Jun
17% Feb
Feb
170
Feb
47%
112
67%
48% Jan
10
10
Mar
45 %
49%
16%
16%
2,400
13%
14 Ya
13%
15
2,700
13% Aug
22%
41
41%
125"
40 % July
47
16
15 %
17%
1,500
15% Aug
.1
32
31%
32%
2,300
25
6%
6%
2.200
'
4
16
16%
37
Jan
9,300
3% Aug
8%
Scott—.——*
5,500
16% Aug
26%
&
8
Aug
12%
109%
Jan
A preferred
8
110
100
4%
Jan
12
59
5%
Corp..
Participating
Ireland
Class B v t c
Insurance Co of North America
100
$3.50
series
17%
15%
Jan
Jan
Minnesota
14%
700
12% Jan
100
24
Aug
109% Jun
Registered
525
5%
200
12
13%
1,200
11./.Feb
23
25
A"- 4%.
X4
13%
45
Feb
10%
Jan
1,800
17%
3,900
11%
Jan
112
Jan
3%.
1
—
16
3
420
18%
50
Moody Investors
partio pfd.—..——*
Morris Plan Corp of America
10c
!'• 17
18% Jun
210 V* Jun
May
45
23%
10%
Jan
,73%. Apr
Jun
18
Jan
31% May
Jun
Feb
35
Mountain City Copper common...
.80
.10
8%
Producers
States
Power
24% Jan
17 % Aug
3% Aug
8,200
-
5%
•
2% Aug
,
28% Jan
139
100
Jan
Apr
160% Apr
136%
Jun
25% Mar
270
143
Feb
10%
32%
8% Aug
1,700
*
common
Mountain States Tel A Tel
15% Aug
10% Jan
3%
8%
2%
Mountain
Jun
Jun
36
AA 7% Mar
12
24%
Murray Ohio Mfg Co—
Muskegon Piston Ring.
Jan
Muskogee
Co
common
————•
18%
—2%
——*
./:
300
18
■;
Feb.
13
400
19%
13%
13
Aug
21% May
Jan
17
16% May
Aug
30% Mar
1% July
63
1
Iron Fireman Mfg voting trust ctfs
•
24
Aug
32
Feb
Irving Air Chute.......
1
Aug
13%
Jan
....
.
Italian Superpower $
*
*
9%
l7/a Aug
3%
May
Feb
3%/Apr
-.
Nachman
National
Corp
■
Bellas
7%
Julian Sc
Glass
preferred
49%;
National
15%' 16%
9,500
2,100
17
75
Machinery
:
National Tunnel & Mines common
Kaiser-Frazer
Corp
Kansas Gas & Elec 7%
12
pfd.
30%
m
Co__
3.6%
Kimberly-Clark Corp—
4%% preferred
Kings Co Lighting 7% pfd B..
6% preferred D
King Seeley Corp
v
17%
112
.100
112
.100
112
Jun
33
Aug
Nebraska Power 7%
32%
Jun
Nelson
/'
Feb
//
(Herman)
preferred
.100
v;
*>.
1
19%
6%
'.♦-.1
//'/
8
9%
Feb
Neptune
Jan
Nestle Le Mur Co class A
29 %
Meter
20
6,000
9%
500
liV
-
Apr
Jan
63A Aug
.
7,609
)-
i-V
8%
82%
Apr
28% May
9y2
;
Jan '
•
6%
May
94
18% Mar>
1,600
/
7%'
-
115
,
1,600
3,600
300
2%
,
i
X26% May
15%
2% Aug
Emil) Co common.
Rubber Co
—-
(I B)
-.
——-
23
23
30
common.
14
Feb
:
15;
preferred
preferred
New England Tel
*
108%
Jan
115
Jun
15
Aug
*
'
New
Haven
4%%
Feb
Tel
Si
Clock
&
A"
......—100
Watch
— —
V
10
400
15%
Aug
12% Jan
A
1,025
v
10
13%
16%
14%
•
/
300
2%
137 Ya
12%
108%
New Idea Inc common—
?
Jan
43
Apr
23
Jan
34%
Apr
84% Feb
50
27 % Mar
35
Apr
340
126 % Mar
142
Aug
26
29
Feb
37% July
New
4,100
12
Jan
700
107/a
19
10
16% May
Aug
12% Mar
19% May
18% Jun
Park
18% AUg
21
200
;
70
70
; 26
25 %
Jun
32
70
Aug
81% Feb
5% Aug
111/2 Mar
:.
2,300
72 3A
'
5 Ya
1,500
2%
5%..
6 ft/.
Y City
Y
2Ya
4,900
LAke Bhore Mines Ltd.
14%
A*- 8%
Lakey Foundry & Machine.
of Delaware..
13%
14%
9%
common
19
B
18
V
26
'200
18
19
•A: 700
>;/,
Lefceurt Realty common.
y'v 13 -A
Prior
preferred
Leonard Oil Development——
d'
-2,300
4
% July
65
Jun
9%
18% May
Jan
18%
10
56%
57
53
10
28
28
27% May
pfd.100
106
106
20
100
75
75
40
Rosarie
Merchandise
•'
11% Aug
Mar
Omnibus warrants—
10
Llpton (Thos J* Inc 6 Vpreferred
Class
.....
14
44%
44%
a%
//
10
V
2
41
; 19
500
31
.
29%
14
13%
-
*
-
Jun
26
Aug
18
A 37%
Mar
24% May
Niagara Hudson Power
5% 1st preferred
6% 2d preferred
Jan
14%
Niagara Share
Jan
;
Jan
Jun
44% Aug
B
optional warrants—
Corp class B
Niles-Bement-Pond
Jun
Nlplsslng
18
July
26%
1,700
20
2,000
12
Mar
29% Mar
26%
t
Feb
3%
41%
Jun
33
Aug
20% May
18%
18%
28%
150
16%
1,609
19%
.
4,400
1%
1%
1%
Noma
$6
32% July
30
B
Mar
15% Aug
15% Jan
22
22 y«
Feb
North
Apr
Northern
July
American
Northeast
Utility Securities
Airlines
20,900
1
Aug
.-96
1,050
93
Aug
117
Apr
91
93
1,575
82
Aug
108
Apr
Northern
Natural
13%.
13%. 14%
10%
Jan
15% Aug
Northern
States
footnotes
see
page
1233.
114
2
Lynch Corp
114
19
18
114
20%
10
700
16%
16
18'%.
...
.
1 % July
800
10% Mar
16
Aug
:
A 4,700
15
Aug
2,900
2% July
27%
'.4,900
23% July
9%
6,900
~2%
~3
120
'
3%
-
May
Feb
Apr
Feb
13% May
26% Feb
20%
8%
7%
Jan
111%
18
Jan
Aug
3%
Apr
164
45% Aug
45%
700
45% Aug
25
117
26%
7%
7%
100
11
11
100
14%
16
2,700
134
6%
Jan
12%
Feb
8
Jan
11%
Jun
21%
Jan
Jan
108
May
Feb
Apr
Apr
Northrop Aircraft
Inc
•Novadel-Agene Corp
108% 108%
pfd—100
Gas
20
50
1
*
11%
'
25
108 % July
111
Apr
57%
1,150
45%
Jan
59%
53%
2,200
45
Jan
73% May
10%
12%
4,600
10 %
Feb
15%
Apr
37%
38
34
Feb
40
Apr
52%
53
28
May
62'A May
14"% Aug
104
——50
Power class A—
Apr
63
45%
•
Feb
Jan
12% Mar
Feb
'400
1
Northern Indiana Pub Serv 5*
35
48 %
146
8
—
5%
45%
146
*
Central Texas Oil
93
•
,
11%
123%
9ug
4,100
1%
1%
11/.
*
——•
common
91
14,100
110% July
:
15
Jan
114
340
32 Ye July
25
Class
93
-
Jan
650
& Power common
preferred
7%
-
Jan
95
119
Electric.
North Amer Light
6%
1
111
11
25
Mines
North Penn RR Co
of
dep
preferred A ctfs of dept.
preferred B ctfs of dep.
Louisiana Land As Exploration
Louisiana Power & Light $6 pfd
15%
Feb
25% Mar
•
28
16%"
...
26
Aug
110% 112
1%
Feb
July
114
11
Jan
Feb
Jan
1% July
-
•
1
8
Nineteen Hundred Corp B
56
8%
Mar
19
64%
x35
July
11%
8
——
Apr
Aug
56,500
69
110%
—
com
"12%
106
119 z
1
100
100
•
North American Rayon class A
A.
For
pfd
common
39
15%
-
6%
Apr
35
31
B
ctfs
21
Y Water Service
Class
400
28
...
Loganspoit Distilling Co
Lone Star Gas Corp commonLong Island Lighting Co—
Common
Feb
Feb
9%
7,100
39
16
shares
N Y State Electric & Gas $5.10
N
Jan
10%
•
2,600
Class
Locke Steel Chain
15%
Founders
Feb
„
18
—
Lit Brothers common
/,
•
12%
1%
39
——
Groceterias
U
•
(R G) Inc.—....
Material Co
14
17 %
700
/A
25%
Monotype Machine.
Lionel Corp
23% Feb*
81
Langendorf United Bakeries class
Loblaw
1,200
13%. Aug
7% Aug
9'A Aug
4,800
10%
17%
/
4,900
9
7%'
10
Jan
2% Aug
16%
16%
common—
Honduras
&
Y
Co
23A
—
N Y Shipbuilding Corp—
Line
,
54% Feb
Mining Co_.
Auction
Y
N
Le Tourneau
July
7QQ
/■
New Process Co common
1,100
/■
17%
N
Lanston
jun
2,400
33 Ya
10
18%
V;
New Jersey Zinc——
New Mexico & Arizona Land..
29
V>
N
Class
Jun
103%
137 Ya 139
,.—.—20
Feb
N
Lane Wells Co
Jan
19
Mar
32 3A
:
*
Co
preferred
conv
24% Feb
Apr
22
98 Ya
99Y4
100
—
'" .-.A
:
10
_*
$2
30
11% May
-
1% July
109
31%
14%
17%
Brewing Co
Corp
Feb
Jan
7%
*
1%
Knott Corp common..
Lamson
Jan
4%
11% Aug
17
•
common
■
Aug
Aug
9%
/
May
89% July
22% Jan
100
2,200
110% 112
15
16%
—
Jan
76
-
2Ya
8^8
.
87/a
100
Corp
15%
112
23% Mar
.
1
6% July
10
2Y4
.
38
Jun
Feb
23%
11%
30«
Feb
69%
14%
12%
::
ink
1
Radio
124%
Jan
80
9
new
Union
9% Apr
16% Aug
5v%:/75 //
1,009
w.
G M Co Lt<L_
Kobacker Stores
19
National
Jun
New England Power Associates
Petroleum.
Crueger
-18%
•;
800
-
10%
16%
—1
Products
(D
5%
.
10
&
''
300
Lamp A
(Walter)
Aug
121% Jan
300
26%
17%
12
■
29%
—
Key Co common
Kleinert
27,200
26
—
Inc.
Ken-Rad Tube St
Kleln
13%
18
550
400
.78%
-17
23%
*
12.50
—
1
16
-
Klrkland Lake
Jan
22% July
Aug
1,200
26%
75
16%
—•
Car' Ltd———,
19
24
24
2
National Transit...
Klrby
Apr
17%
14% Jan
17
1
Cooker
Pressure
National Steel
Kingston
9%
49% Aug
Apr
17
Fabrics.
National
Kldde
40
|?H ICO
Mallinson
National Mfg & Stores common
Co
.
—
National Rubber
Kawneer
60
Jun
35
23% Jan
5% July
12,700
Co common.
Kokenge Co
Kennedy's
300
63/a
493/a
5Ya
5%/
National Fuel Gas
Jeannette
31%
X29
X29
'V
•
,
Hess common.
National Breweries common..
i
Feb
54%. Jun
Apr
7% Aug
1,800
7% % 8
Feb
6
Jan
100
19%
V, 50
197
700
201% 204
Montgomery Ward A
—*
Montreal Light Heat & Power.——*
15% Aug
—*
20%
6"% Aug
Aug
1,050
/
13% Aug
3%
Utilities
Feb
Apr
3,800
Montana
Jan
37
2,000
Monroe Loan Society A
Pictures
Dakota
Jan
14%
7%
37%
Jun
Monogram
'11%
107 %
Aug
20
July
50
6% Aug'
3,100
8%
105
coumon.
Jan
6
19% May
Aug
45
100
45
.
29'A Aug
Aug
6%
Jun
8
Jan
14% May
Aug
4
13%
123
*
International
Feb
9%
13% Aug
1
109%
16
23
8,200
common————1
Jan
Jan
Mar
%
450
2,300
450
Jan
58
:
15%
7%
Molybdenum Corp....—
33*% Jan
Jan
30%;
92%
94
21% Aug
Jan
35
47
May
36%
.100
pfd
30% Jan
112% Aug
31% May
20
July
5% Aug
•
28%
30
16
preferred
39%
30
-50
.
5%
105
*
Power s?
L
90
28 %
coupon shs—•
Royalty
&
50
Mountain
International Safety Razor B,..,
Interstate
P
Missouri Public Service
-
Products
Investors
preferred
conv
260
•
common
4%%
98%
700
Aug
/
Jan
300
5%
1
14% Jah
15%
shares
Utilities
7% May
112%
65
6
3%
18%
'
38%
Mining Corp ol Canada
15%
61
—
Apr
20% Jan
13
Mar
19,800
25
•
.50c
common
Jun
400
Apr
20%
1
Co
Juu
'24%
24%
3,700
5%
22%
& Supply new com
Refineries—
Mid-West
12%
21%
14% May
15% Feb
900
Apr
Aug
'./v.
Midwest Piping
12%
21
International Petroleum
•:/./
/
400
6% Aug
—
International
July
99% 101
21%
International Minerals and Chemicals
18%
10%
17
1,100
18
—:—10
2,800
105
10
International Investing Corp—...
international Metal Industries A
Warrants
Apr
38
Co..
13%
24
Jan
56
200
17%
22%
50
13
98%
International Cigar MachineInternational Hydro Electrio—
Preferred
23
Jan
Oil
Midwest
39% Apr
81
Apr
Abrasive
200
24
Feb
Jan
5%
4%
5
———1
West Corp common—.....
B
Midland Oil Corp $2 conv preferred—*.
Midland Steel Products—
6%
ill
9%
17-%
3% Aug
11%
*
;
6% May
9% Aug
5,500
4
17%
17%
Middle
14
24-..
Jan
Mar
650
17
Middle States Petroleum class A Y10.1
1?
11?%
62
600
11%
'Preferred
13
,
14% May
;
8
13%
3%
Mlcromatlc Hone Corp.
Miller Wohl
CI
Jan
Aug
58%
10
Michigan Sugar Co
Jun
25/
—
11%
9%
700
A/A 10
7%
Michigan Steel Tube—.
7% Apr
63%
Aug;
18% Jan
Indianapolis Pow & Lt 4% pfd_. .100
Indiana Service '6% preferreu
xuu
7% preferred
.100
—iuu
Jan
Jan
May
112
5% Aug
8,700
6%
10
58%
preferred
Michigan Bumper Corp.
July
59
Dividend arrear ctfs
Qbnois *»ue Co.
_•
25
Apr
July
Jan
4
Aug
22%. Jan
preferred
Registered
Imperial Tobacco of Canada.
Imperial Tobacco of ~G rest" Britain
100
y
110
9%
60% Mar
8
49%
6%
Jan
4%
Messabi Iron Co.
21% Jun
27% Aug
J1
Apr
10
20%
8
Jun
43
.
comroo:
Imperial Chemical Industries—
Am dep rets
regis.
Imperial Oil (Can) coupon.
37%
Feb
6 Va Aug
3%
$2 non-cum dividend shares——*
common
*
conv
Jan
Apr
Mar
24
16%
Midi ale Co
5%
Jan
—1
Co
Chapman
Mid-West
Illinois Power Co
.
-
Aug
14% Aug
10%
51
47%
Mfg
6%%
x20% Jun
v,
15% Jun
23 % Mar
I
Apr
41
Metal Textile
30 Vv3!
*
Jan
18%
6% Mar
75% May
16
9%
Menasco
33% Jun
11%
48%
Jan
4%
•
Dredging—
Mead Johnson & Co
115% Mar
14%
1
Hydro Electric Securities———
Hygrade Food Products—
McWtlliam8
Jun
May
49
—....
19%
•
—
May
27% Mar
10
14 %
Jan
2,200
Aug
30
64%
—
Feb
2% May
'3,600
2Ya
May
•
common
Merritt
28 Ya
1
common
Corp
$2.50 preferred
Memphis Natural Gas common.——B
37%
-
preferred
McCord
25% July
45 % July
*
.
Massey Harris common
Apr
8
Humble Oil & Reflniic
Jan
Jan
140
0y8
15 V*
2%
2 Ya
•
May
15
60
Wf.
14
14 %
■
1
32% May
<
,.
•
-,"1
'•
II
Jan
•
•
.
Lt<f
Co
Power Shovel.
40%
-—100
(Harvey) Inc..
Marlon
45 %
Aug
Jan
12%
24%
26
40%
Mass Utilities Association v t 0.
26%
■
Hubbell
Communication
Apr
May
Jan.
Aug
21% May
Marconi Internet Marine
Jan
18
8%
56% May
Jan
35
pifg Co.
22%
30
..
High
4% Aug
5%
24%
(The B) Co
Consolidated
20%
-7
—*
—
& Co common
Manlschewitz
Mapes
16%
Aug
13
600
25%
Feb
Apr
113
Feb
11
2,700
13%
———*
Low
38
35
Mangel Stores common.
26%
July
16% Aug
32
Aug
3,900
Jan
23%
107
525
35
71
14%
>
Aug
15% Mar
13% Aug
;
v,/' 100
1,800
107% 107%
Range Since January 1
Shares
High
4%
Manatl Sugar optional warrant
Feb
•
1
common
(Geo A)
15%
—1Q
M———•
Holly Stores Inc
Apr
30
1
common
4
13%
15%/'
'.
100
& Co class A
»ii
800
1,300
for Week
of Prices
Low
9% May
7% Jan
9% Aug
19% July
15 V8 Feb
*
21
Sales
Range
Last
Sale Price
72% Jun
14%::
——*
common
2,000
y
Mar
16%-
......*
■
w
4%
10
Week's
Friday
Curb Exchange
High
5% Mar
3,300
'
X19%
-31
*
.
w
4%
19%
—26#
——
30
STOCKS
Low
*6%
9%
'
■
common
Hecla Mining Co
Helena Rubinstein.Class A
—
AUGUST
Range Since January 1
High -:
~6%
i'*"
—.
ENDING
New York
Shares
67
.'."6%
:•/
4%
WEEK
for Week
of Prices
Low
Hartford Electric Light
——21
Hartford Rayon voting trust ctfs——I
Harvard Brewing Co
—1
Hat Corp of America B non-vot oom—1
Hazeltine Corp
—*
FOR
Sales
47
'
300
Jun
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
RANGE
Friday
Last
STOCKS
New
Curb
our
York
xora
Exchange
Week's
Range
Sale Price
FOR
WEEK
EXCHANGE
ENDING
AUGUST
Sales
for Week
of Prices
Monday, September 2, 1946
30
STOCKS
York
New
Shares
Curb
Week's
-
Sales
Range
Friday
for Week
Last
Exchange
Range Since January 1
Shares
of Prices
Sale Price
Range Since January 1
1
Par
Ogden Corp common
Ohio
Brass
Co
class
Ohio Power 4%%
Oklahoma
Old
a
B
46
*
1
_
—
4
46
14'A
*
Low
High
375
-
300
14%
13%
71; 1,900
—
Segal Lock
&
Belby
54Mt
Jun
Shoe
Selected
18% May
1
Industries
Inc
Jan
18 Ma
Jan
26
Apr
$5.50 prior stock
Allotment certificates
(R
B)
—
4 7
Co
common
•
28
Pan
Tubes
14%
11%
Apr
19 Ma
46
42
Jan
46 Mb
Elec class
Power
&
Penn Water
A
Ma
200
22
75 Mi
30
51%
150"
;
Feb
ft Power Co
56
Jun
30
"7%
5
600
7,
75 Mb
76 Mi
52 Mi
52 Mi
54% 7
73/b
Aug 7;
July
July;
9
74
1,000 '
49
12 Mi
86 M4
Aug
11%
2
Aug
5 Mi
Jan
9
8%
9
200
8 Ma Aug
12%
Jun
16%
Jan
—
•
Am Shs
11 Ma
70%'
11-/77
70%
Co
5
...—1
common
Alexander
Power Corp of Canada
6 Ma
-.2.50
common
21 Mt
*
com—;
preferred
7 Ma
31
Jan
Feb
37 Ma
Aug
30 M4
600"
47
Jan /
•
-
6%
4,000
23%
4,500
6 Mb
15 Ma
10
27
Aug 7
Feb
Jan
Jan
44 Ma
45%
1%
."150
•
1%
44
14,900
7Jan
1% Aug
common
82
America
14%
Corp of Nevada-
2
15%
1,300
8,40*
2%
60
Aug
Apr
3Ve
Jan
95
14% Aug
Feb
May
Providence
B
17%
Gas
800
-
-100
1st preferred
108% 108%
—
100
—
#
112% 112 Ml
Puget Sound Power & Light—
♦5 prior preferred
109
—■■■'
Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing
•
20%
(Howard)
18%
Apr
10%
Jan
106%
10
109
111%
75
108»
Jan
112
May
Feb
122
Jun
-
113% May
23
23
24
200
22% July
27
Apr
16 Ms
18 Mi'
350
16 Ms Aug
23
Feb
15
15
100
15
—
•
-
.20% May
Aug
common.
Power
105
preferred
.100
Co—
168
105
107
168
103
7 19
Feb
114
167%
Jan
189
Jan
20
Railway St Light Securities
Voting common
-——10
Railway & Utility Investment A—;
1
Rath Packing Co. common
10
Raymond Concrete Pile common
—•
i3 convertible preferred
Raytheon
Manufacturing
Reed Roller Bit
Oil
Standard
common—50o
Engineering
Grande
30
Aug
34
Feb
37
36
Aug
44
Jun
Jan
60
vtc——
55
15%
14%
16%
15,800
29
29%
300
20 3/4
23
35 Mi
37 Mb
2%
.23/8
7.8 m
7%
1
pfd F
Pendleton Inc
2%
*"£%
100
•
108
22
2.50
7,700
23
29%
Jan
Jan
34
8,300
.
Aug
37 Ma
20 3/4
4,000
1
Feb
July
34%
Feb
Jan
49
Aug
Jan
v'/i 2M8 Aug
-
-
50
...
7 Ma Aug
2%
105%
3,050
4Ma May
15
Jan
Jan
13 M4
Feb
Rome
5
New common
110 Ma Mar
/
Apr
25% Jun
vLp
•(
Roosevelt Field Inc
Root
27%
Petroleum
—
Rotary Electric Steel Co
Royalite Oil Co Lta
Russeks Fifth Ave
Ryan
Aeronautical
Co
Ryan
Consolidated
Petroleum
Ryeraon 81 Haynea
common..
27%
28%
1,000
—: >
18%
21
1,800
6%
7
2,300
8
8MB>.
~8
10
31
::7;
A
29 Mi
•7
2%
——1
•
22
Jan
22
Jan
59
7%
■
5%
33
:7.7.
Aug
B
common
Sterling Engine Co
Regis
Salt
Corp Ltd
conv pref—.
Paper common
Dome
Samson
Oil
Schiff
Co
bcovtil
Oil
United
8avoy
Schulte
$2
Co
Corp
common
Co
common
(DA)
Inc
common..
Manufacturing
/
70
Stinnes
(Hugol
\
•
common
8
Corp
(S) & Co common
'V
'•
Sunbeam
Ray
..•
)y .!*•v
\7\X7
400
Jan
•
,
17 Ma.
8%
8 Ma
/.
2%
9Ma f
2%
r-
Feb
32%
31%
165
30%——2,000
7
28
0^—1,900
,7
53^—>-2,600
24
22%
x32Ma
34
4%
,
Ma
135
5%
..
—
9Mi'
5%
700
10%
9
34 Mb Aug
7 7 Mb May
100
.
160
27
:
July
18
7;
24
777
-\.
5
5 Ma
-
5 Ma
17 Mb
19%
20%
—
—
217/b
3 ;•/
2%
2%
35%
7,800
-
37
600
31'
/
10
77,;i 5
Aug 7
11% Mar
2
32
,
Apr
J. Feb
87/«
Jan
22 Ma
Jun
25
18Mb Mar
3,400
38%
35
36
3,400
7 750
Feb
84% July
35% July
Jan
7% Mar
■
Jan
Jan
•
•
7% Jan
2,60(1
Jan
9%
14 M»
5 Mi Aug
-
23%
-
72% Jan
--
-
73% May
•
*—
i
Feb
27% Aug
Feb
24 Ma
.7
30
15%
Apr
Apr
8M4
7: 3 Mb Jan
3 Mi Jan
v 135
July
:4 14 Ma Aug
15,300
Ptf IOO
14%
4 5 Ma
J
Aug
22% Aug
3,700
5
Jan
Feb
45 Ma
Aug
4%
200
5%
•••
~
v
7 3 Ms Feb
32 Ma July
7.5
/f
Jan
35
4%
>
12
16
7 ' 2Mb May
Feb
19% May
8 Ma Aug
'""4,600
33
..
137/a
;
Feb
">"1,200
7%
V5 •
2
.
Feb
Jan
Jun
17% Aug
Feb
67/b Aug
14%
2,000
28 V
29 Mi
-
..
•
11
11
—
11
4,700
if. 1,200
193/4
Feb
3% Jan
4fl % jun
May
Jan
•
36
400
35
;
48
48
52
1,200
28
Jan
25%
25
27
1,100
25
Portland Cement,
Tool & Die Co
6
4,600
48
Aug
——1
;
Oil
;51
'
Mr^
Corp
Drug Co
F'incn
Jan
Aug
Mar
30% Apr
29% Mar
1,400
-
67/s
18%
// 33
5%
1
—1
Inc
•
1
Corp
Inc
5 Ms
5%
:
Jan
62 Mi May
34 M4 Jan
Aug
5% Aug
6% July
Mar
26 Mb May
8M4 Mar
12y8 May
14
7
—
—1
Texas
Power
Texon
Oil Si Land Co
Textron Inc
Thew
Tilo
ft Light
Shovel
common—
Construction..
&
1,000
32 Ma Mar
37
Jan
20 Ms
4,900
18 Mi
Aug
29
Apr
80
117'/a
Apr
122
Feb
100
118
9
1183/4
1,100
v.::
9 •::"vv
19 Mi
22 Ma
200
87/b Mar
107/b May
17 Va Mar
263/4 July
...
9,800
300
37
Mar
900
16
Jan
1
2,300
151/3
Jan
643/4
Apr
8
Stocks..
*
Exports
•
5 Mb
,
5 Mb
July
Apr
22 Mi July
72
May
9 Ma
Jan
May
143/s
Feb
17/b Aug
900
6%
48
26
••
7; 3 Mi
Aug
•
Security Trust Co Ltd—
Amer
dep
Amer
dep recs def reg
rets ord
Shipyards Corp
Toledo Edison 6% preferred
preferred
Tonopah
of Nevada—
Mining
Trans Lux
1Mb
—"
•
127
7 3,500
9
2%
107 Ma July
10
115% 115 Ma
113 Mb
1;600-/1
5%
7
6 Mi
3%
16,900
28
:7;i
v.
*
Apr
2 Mi July1:
5M8 July
3,200
3 Mb
28
Jan
30
109 Ma 110
2 Ma
100
120
77
100
1
warrants
Inc
2 Ma .7
132
100
J
Corp
Tri-ConMnental
13
regis
Todd
Trunz
9%
35 %
18 Mi
.7
1
Co
Product
Tobacco
Tobacco
pfd
Inc
Allied
ft
■
;
9 Mb
34%
183/4
&0c
Realty
Tobacco
35
3
7%
—
Roofing
Tishman
9 Mb
•
*
common—
5 Mi Mar
1,600
8Mb
;
30M4 Aug
9% May
11% Apr
8
Aug
29M4 Aug
173/4 July
44% May
193/4 Jan
200
19'/a
Feb
43
Jun
1,700
7 s/8
Unexcelled Chemical Corp
May
10 Ms
Feb
Union
Gas
5 Mi
Apr
8M4
Jun
Union
Investmeht
1
35
Tung-Sol Lamp Works
6O0 convertible preferred
6
6 Mi
500
5
53/4
1,100
5
Aug
9%
Feb
Udyllte Corp—
Corp
Realization
Ulen
Union Stk
of
Canada
Co
Yds of Omaha
Products.—
Aircraft
Chemicals
United
Class A
15%
;
8
18 Mi
1
oorp
common...
warrants
United Elastic Corp
'
317/B
1
United
0t Lawrence
V
17
7
•
Stroock
10 Mi
43
Jan
44
14% Jan
39
140s/a July
1
Stein
United
Bt
-"M-
—
48 Ma
30 3/8 -30 Ma
4%
Sterling Aluminum Products
Co
Aug
31%
110
37
31%
32%
Aug
18 Ma
1,300
i
35
8
i'-
*
lnc
(J B)
7':7% Feb
733Ma July
'
48%
>
10
Jun
21
3
8
700
2,500
383/4
36
—*
class
Co
4
9% Aug
6
July
>
7
35
——I
Light
Steel Co of Canada
Sterling
Feb
29M8 May
15 Ma Jan
•
3 Mb
20
.25
Aug
Jan
163
Feb
May
112% May
Aug
117
■-ii
414-- Feb
9 Ms
5 3%
34
Feb
Feb
May
.
:
—1
Co.
; e
36 Mi
2u
(Ky)
&
7% Jan
17% Jan
9 Ma July
1,200
-
'7:
2
9%
(The) Corp—————-1:
(A)
Jan
108
Feb
3,500
4 Ma-
135
7%
ei/eJ. 4aA.(Jan
£1
Cable Corp common
Ronson Art Metal Works
4%
29
1,100
2%
Jan
14% Aug
7 525
2% 7"
8%
108 Ma
21
•
dep rets for ord reg
24
2% Mar
Rolls Royce Ltd—
Am
30%
353/4
—1
Apr
29%
22 Ma
—
13
Jan
18% July
6
Valley Gas Co—
Rochester Gas & Elec 4%
Roeser &
6%
20
•
Stlx Dry Goods
Richfield Oil Corp. warrants
Richmond
Radiator
(Texas Corp)
8%
33
29%
3,400
93/4
Standard Products Co——.........I
Starrett
7, Jun
Edison—
/ Common class B
Tube
Apr
12
Jun
20.
•
ft
Rice
Rio
7%
10%
9%
4
1
preferred
Power ft
5,200
9%
31%
81.60 convertible
21%
4%
:
•
—
Standard
49 Ma
May
•
Co
Reliance Electric
8M8
17%
Pipe Line....——10
California
Technicolor
warrants.
Jun
374
'
Jan
Aug
5% July
106
20%
—.12.50
Taggart Corp common
Tampa Electric Co common
Radlo-Kelth-Orpheum option
133/b
24 Ma May
Apr
.16
171
19
t
19
Apr.
1153/4 Aug
313/4 May
Aug
8 Ma
295
6
5%
Superior
Superior
6%
169 M4
July
Aug
10
6
—1
common
common
Standard
■
'
42
9%
—
1
1
Co
Oil
Swan
Quaker Oats
Jan
Jun
Paper Mills———*
Corp
Pa
42
%
6
£1
Corp common
Sun
Quebec
193A
Apr
25% Jan
42
Jan
7 24Ma Mar
;
110
308
Co..—1
Penn
Stetson
Mar
130
10.
12 Ma
295
100
Manufacturing
Jan
Feb
3
16 Mi
A
8
—————2)11
10
900
?
Feb
Co—
Sterling Brewers Inc
Public Service of Coloradoeft 1st preferred
7ft
f;'
18%
1% May
13% Mar
8% July
Prosperity Co class
Elec
Coast
S
i53/4 May
108
July
:
114
10%
.
15.... May
:•
18
--
Standard Dredging Corp common——1
28 Ma May
12 Mi Mar /"
100
100
'
9%
Standard Cap ft Seal common
1
Convertible preferred
.—-—10
May
M2
10 Mb
173/4 Mar
'
'rnmmm
1,000
7
141% 147
//# 114
297
Spencer Shoe Corp—..7
Stahl-Meyer
InC..,.-v
Standard Brewing Co
2.78
Feb
77-
Aug
6Mr
15
'
Jan
/ 78%
17 Ma Aug
21%
15
18 Ms
1
original preferred
28
preferred B
25
5%% preferred series C
25
Southern New England Telephone—100
Southern Phosphate
Co
—10
Southern Pipe Line
—10
Southland Royalty Co
——8
Jan
•
50
21%
5M4 Aug
719% Jan
6%
Feb
7
Gas &
Manufacturing
a
67/b Mar
May
13% Aug
2,000
—
1
100
preferred
Southern
Jan
147/b
City
Southwest
May
15%
11
300
6%
15
•
preferred
South
Jun
20%
Aug
70
/v
Mining
of
7
Jan
13%
5%
21 Mi
*
South
'
v-v
—100
Pratt St Lambert Co
Premier Gold
Inc
..
19
21%
7 Ma
700
::
-
Apr
11 Mb Aug
44
Mar
7*" 350 "
'
Jan
Aug
■
73
6 Ms
;
1,000 -
V 12%
17 Ma
—'
5,200
12
73/8
17%
25c
&
11
7%\
—10
Polaris Mining Co..
//
i,x
50
common
15 Mb
19
;-3,500
8%
7%
11 Mb
——50
Metallurgical
r;7 i/'
—
14 Ma
7'7 5°°;
"4Mb
1
RR
:7
16% Mar
100
-29% "
"312'
1
1,400
15
-
: 27 Mi
-r
com
Valley Wine
26 Ma
15
r
•
2
E
24
:
27 %
2,500
13%
5 Mi
—....—-•
Aircraft
Boss
51M4 Aug
,
...
convertible
Sonotone
May
63%
46 Ma Apr
Jan
6 Mb
16%
•
Ltd
common
Solar
Jun
July
Canada
Solar
Jan
?
of
Breweries
29
14% Aug
1,300
2,600
—
Smith
Jan
9
May
111 Ma May
14%
142
3.90%
Jan
7 117
Jan -7
Jan
6%
100
Sioux
May;
Ma Aug
213/4
.
Jan
650
:
7-7;7^ I': 7
24
•
Pittsburgh & Lake Erie
Metals
"8%
75 Mb
1
Pltney-Bowes Inc
Prentice-Hall
400
5';,r
113 Ma
"8
-77#,7;:
common
Pneumatic Scale
7 Ml
100
2%
—25
common
preferred
♦3
July
Jan '7
13
50
Bimmons-Boardman Publications—
Jan
84
•
Mines Ltd
L
5
/.
9,30077
104 Ma May
6%
1
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Aug
34
48
•.-•7" 120' 7:
%
20
Piper Aircraft Corp
&
5
"7%
13
•
Co
Pin chin Johnson Ltd
Pioneer Gold
"7 Mi
"7M4
Aug
2
1
Co
Feb
Aug
94
r
2 %
•
Sicks'
Feb
21
200
25%
v,.
6%
Co
Silex
7y8
35%
3% Aug
17,200
.;
2,450
•
aan
Jan
M2
July
15%
8
4%
Mi Mar
59 Mi
July1;..
-30
Jan
13
•
61 Ma
29
—2.50
Governor
Producers
39 Ma
pfd__,~100
Pharls Tire & Rubber
Pressed
14
July
51%;
51%
•
com
Light 4Ma%
Mfg
1st
13
Jan
25 M4 May
200
1
Mining
Water & Power
Sherwin-Williams
31% JUO
7 2u
97/a Aug
"
400
13
Philadelphia Co common
Phillips Packing Co
6%
22
77 5% Aug /
'■
"
74
1
Periect Circle Co
Powdrell
30,500 7
21,400
52
>22%
22%
—•
Traffic Co
Pleasant
50
51
25
Gas &
Pittsburgh
6%11MB
.v."'
•
common
Penn
Pitts Bess
9%
.
7
1
—
Denn
Bnerwin-Williams
Apr
16% May
28 Va July
.Jan
Aug
■% 4
-1
Inc
Control
Sheller Mfg
May
117 Ma
Jan
Jan
30 Mi May
101% 101%
;
—
Shawinigrin
Feb
4IV2
109
Jan
May
9 Mb
98 Mi
21
94
Shattuck
Jun
July
T.-'.'J'!
Penn
Pierce
5%
103/8
1
Pennroad Corp common
Penn-Dixie Cement warrants
Pepperell
11 Ma
26 Va
2? 77
"27
5
Peninsular Telephone
$1 cum preferred
PeDn
,■j*.
1
Co
■.« •, /
t
■
28
5 Mb
—
Parkersburg Kig ft Reel
Patchogue Plymoutn Mills
/
38 % May
102 % July
113
May
*
—
Pen
40%
104
113% 115
i*.
—
■
American
Parker
40
•
•
common
'
103
103 Va
100
:
Airways warrants
Pantepec Oil of Venezuela Am Bhs
Paramount Motors Corp
A
14 Ma
45
—
•
Pacific Power &
Light 7% pfd
Pacific Public Service
i—;
V$1.30 1st preferred
Page-Hersey
14%
45
28
Aug
6M« Mar
21 Mi Feb
19,600
4%
3%;
^
21
8
Berrick Corp class B
Seton Leather common
Can
High
22
17
300
28% i;,:
26%
28
Sentinel Radio Corp common
Saiety
l;
7
1
common
stock
Convertible
Bemier
Pacific Gas ft Elec 6% 1st
pfd
V
5% %
1st preferred
Pacific Lighting $5
preferred
4%
4
4
.
'
'
25Mi- 26
•
Jan
16%
Sentry
Pacific
600
Jan
22
Mar
--
900
6%
6M2
—•
Hardware
Jan
14
—
1
Low
18%
17
17% / ;
-•
—
Co
41 Mi
118
Jun
Jun
11% Mar
common
Feb
6
Jan
Co
12 %
--
—
Jan
Jan
42
—
....
—
34%
113%
50
46%
—
'
3Mi
Steel
Securities Corp General
Seeman Bros Inc
High
low
;77>''/:7 Par
;
Scullln
4,400
/' 38
38 Mi
116Ma 116Mi
—v
1
;
Securities
•
VS.-
•
Distillery
United Filters B
Overseas
,•
18
Omar lnc
3%
—
—100
preferred
High
'W/^7'7/
3%
5, .;
*
common
Natural Gas common
Poindexter
Oliver
Low
United
Gas
Corp
common—
United Light & Railways
Milk Products:
United
$3
participating
preferred.
Co Ltd—
Amer dep rets ord regis—
United NJ RR & Canal
United
Molasses
United
Profit
10%
Sharing
preferred
—J
—•
7%.
12%
8Mb
13
1,800•V
400
•
>.7'% Aug
12
Aug
14 Mb
Jan
17%
Jan
THE COMMERCIAL &
Number 4521 "
[Volume 164
FINANCIAL CHRONICLE
EXCHANGE
NEW YORK CURB
"
Last
of Prices
United
U
U
common
preferred with warrants.
Universal
Insurance
Jan
1'
y 1
Interstate
16%
m
5'A
•* 6 %
3%
3%
4%
Superpowei
Feb
Kansas Electric
y 1%
Jan
,12%
Feb
4%
Feb
600
27
..10
3%
28
2022
M-S
1969
J-J
1970
J-J
Midland
Feb
Feb
Tatopar Corp common
8
preferred..
Gas
i..—- .1
Petroleum..:
3,200
6s
Feb
series
New
New
Jan
Amsterdam
24
Wagner Baking voting trust ctfs ext..*
tt% ' preferred
100
Waltt & Bond class A
deV
39
Watch
111
tl
Baking Co warrants
Warner Aircraft Corp..
Knitting
600
133/4 .153/4
5,400
63/8
—
Feb.
1
3 3%
1023/4
Wentworth Manufacturing
9V8
68
2
105
108%
105%
108%
111
115
$106% 107y2
1133/4'
2
113% 1133/4
1,700
2% Aug
7
1st
1st
mtge
30 3% Aug
70
8% Jan
(54%
redemed)
mtge 3y4»
West
Utilities
Texas
Coal
Va
West
$6 preferred
•
140
34
353/4
100
Westmoreland Coal
*
20
28
32
325
Westmoreland
10
21%
22%
Western Tablet ft Stationery com
105
18
102
105 3%
107 Ve 107»/4
107%
•
2
106%
1071/4
102 %
2
101%
103%
102
--
1971
ft
Light
5s
F-A."
,
2
f9
17
106
109%
106
109 Y*
/ 102%
106%
f9
$104
107
y
Inc
Weyeqberg Shoe Mfg
$87
90 3/4
$108% 109V2
•106% 106 %
W+
(R
Brothers
Wilson
107
107
4
J-D
103
103
1
105% 107%
101% 104
M-N
Jerseycertificates.
perpetual
1703/4 171%
e
160
10
Winnipeg Elec common B.
Wisconsin P & L 4%% pfd.
Woiverlne
Portland
11
253/4
25
,
123/4
Jan
200
20
Feb
38
6%
18
Jan
10
Aug
2,700
Spalding
1951
J-D
1951
A-O
$98
3s
1965
M-S
3y4s
Gas
1970
A-O
106
12 Va
1,100
109
Mar
May
Stlnnes
15
receipts.
18
,
$108%
M-N
$105"'
$104
103
A-O
1940
Edison
Electric
1948
A-O
1968
J-J
1949
J-D
3%s
N
ft
cons
United Light ft
6s
series
A 5s
Wash
J
4s
68
Friday /
Last
Sale Price
Low
Par
1961
1970
2024
1953
1955
1964
Paper 6s
Writing
Amer
Appalachian Elec Pow 3%a
Appalachian Pow deb 6s
Associated Elec 4%s
...
Assoc T ft T deb 5%s A
'
1073/a 1073/a
IA Chicago Rys 5s
Service 5s
Conv
deb 5s
Cities
Debenture
1948
J- J
93
92
M-S
96%
95
ctfs (part pald).1927
Jan 1966
M-S
62 %
62
M-S
1043/4
1950
1958
1969
F-A
103 %
103 % 1033/a
103
1043/4
A-O
105%
105 »/8 105 %
1041/4
107%
A-O
109
109
105
109
6s
Consol Gas El Lt & Pr
1st ref mtge 3s ser P
1st
1st
ref
115 %
$1051/2
111%
1043/4
112% 112%
5
'kV
-80% 110%
99%
82
64%
1Q9
106
Green
4S.
3%
Mountain Pow
Guantanamo
ft West 6s
Hygrade Food 6s ser
$35
6s
series
Jan 1949
B——
Indiana Service 5s
1st lien & ref 5s
Indianapolis P & L
;
3%s
*-1950
1963
1970
York
Curb
Friday > '
Interest
Exchange
108 3/4
A 78
series
A7s
A 7s
(Aug
E
1941
coupon)
F
(July 1941 coupon)
series
A 7s
1955
1955
1957
1957
1952
1952
91%
110%
109"
1
y
122
126
101%
106%
•
Wi8
1043/4
126
A
39%
39
105
$1251/2-— y
125
49%
City
AMedellln
High
A7s
yr
81
6%s
$621%
J -J
$105%
60%
J- J
$721%
—
104%
.
1091/4
1952
27
32
20%
stamped
(Plan
23%
333/4
36
A)
7s
2008
$38
1951
$30
1947
$52
50%.
52
1947
stamped
$52
50%
53
20%
27%
98%
90
99%
$—
42
37%
41
42
37
44
37%
1931
$26%
1972
98/4
1053/4
71
733/4
stamped
(Plan A)
reduced to 2y8s
Rio de Janeiro
—2008
(Plan A)
stamped
reduced
2%
to
Government
2012
$38
6%s
1919
6
63/4
6
14%
1921
Interest
ARussian
75
6%
6%
6%
14
A5%8
A-O
A-O
$105 Va
105%
—
110
105
$107
31%
993%
6%s stamped.1958
62%
107 y4
$106
J-D
§
K
26%
AMortgage Bank of Chile 6s
81
-
83%
80,/.. 85
,
97%
stamped
(Peru)
Interest
J-D
High,:,.
89
(issue of Oct. 1927)
Parana
January 1
:
-78%
Mortgage Bank of Denmark 5s
130
Range Since
Sold
LOW
92%
Mortgage Bank of Bogota—
A7s (issue of May 1927)
1073/4
%
Bonds
Friday's
ft Waterways—
External
ALima
siy4
or
Bid ft Asked
1955
5s
Danzig Port
106%
68%
Low
Week's Range
_1953
5%s
Extended
106 3A
103
104
F-A
105
105
104
105%
M-N
107
107
1053/4
1083/4
J-J
1031/a 103%
"No
g
par
value,
Ex-stock dividend,
a
n
Deferred
delivery
37%
42%
4
40
40
5
$37%
40
$371/4
39
44%
»_
40
Bonds being traded
59%
e
Odd-lot
sale,
f Ex-distribution,
•Reported In receivership.
42
C5
Abbreviations nsed above—"cod,"
40
60
—
46
63
6
39
60
•
d Ex-interest,
r Cash
flat.
65
40
3
40
44%
A
*
37%
.<
sale,
sale, x Ex-dividend, y Ex-rights.
sales being transacted during earrent weea.
Under-the-rule sale,
$Friday's bid and asked prices; no
•International Power Sec—
A6%s series C
A6%s (Dec 1 1941 coup)
72%
108
——
-
Agricultural Mortgage Bank (Col)—
;
A 20-year
7s
April 1940
A 20-year 7s
.Jan 1947
Bogota (see Mortgage Bank of)
iACauca Valley 7s
:
1948
Danish
110
120%
70
Last
Sale Price
107 y4
106
1071/4107 y4
196*
Jan 1949
106%
:
107%
4
123
105
Interest reduced to 2yaS
683/4
1993
1993
Bank—
A_j
123
Par
105
--
106 y4
1043/4 105 %
ft Fuel 3%s
....—1965
Elmira Water Lt & RR 5s—
1956
■"Grand Trunk West
1960
1959
5s
109
V
Period
•! •■••■".v
$121
A-_-—1948
1950
1963
1958
116
10
■
109
73
1043/8
104% 1043/4
New
& Western RR—
Rayon Co 6b ser
80
$108%
1964
2030
112
62
~100
1107 %
Eastern Gas
TAGeneral
77
1954
5s
BOND 8
Lackawanna of N
Finland Residential Mtge
5s stamped
—
112
'■
7.
Foreign Governments & Municipalities
Maranhao
J Division—
A
1st mtge 4s ser B
106;
109%
1083/4
~
104% 105%
J-D
V-r
1st mtge 4s ser
103%
106 '
1
115
(Bait City)—
Delaware Lackawanna
'
"*■:'[ •—*"
•
—
/ 106% 106%
2022
debentures
I
s
120
$111%
1969
1976
1981
2%s series R
Consolidated Gas
Gen mtge 4%s
inr73/a
Newspaper Union—
conv
110%
$117% 118%
A-O
(Bait)—
ser Q
1071/4
M-N
1954
ref mtge 2%s
W*
48
1/^
108
108
5s
Debenture
1 nc;
107 Va HQ
.
106%
'108
A5%s
i
2
.
J-D
2%s
Edison
1
104%
1033/4
105
105% 105%
A
lACentral States Electric 5s
"1
111%
101
1957
1960
1962
1970
of Canada—
C
48
34
-
124
121
53
•
106%-
Blckford's Inc 6%s
Boston
109 y«
$105
series B
M 5s
series
107
343/4
101% 104%
10
122
101%
101 %
105%
78
■;
W*4""
36%
High
Low
—.
1954
telephone
1st
5s
M-S
Sold
110 % 110%
J120
J- J
17
108%
106%
Range Since
January 1
Bonds
Friday's
$103%
110%
A-0
.»
or
Bid ft Asked
M-S
Atlantic City Elec 3%s
Bell
J-J
105
V; /'•
■
3%s
Traction
y
—
" '
—
debs
Power
V
104
•y,;.
37
•
107%
108 %
\/y
(Maine)
-
104%
--
Week's Range
High
J-D
109
1073/8 1073/a
1959
Railways
Electric
Penn
Western
Period
//
__
$343/4
107%
1952
income
Penn
West
Interest
,
108%
105
106%
343/4
:
y
•
5%s_
A
Water
West
;
■;//__
103 >
36%
J-J
Waldorf-Astoria Hotel—
BONDS
1013/4
107
21
si
1st lien
'
New York Curb Exchange
98%
14
;/
Industries—
Utah Power ft Light Co-—
Debenture 6s series A
'.y.
111%
,
("
J-J
F-A
5s—_
United Light ft Power Co—
A,;
7
Feb
V 6% Feb
3JJ Aug
126
103
__.
106 Va
1970
3y4s
2nd stamped
United
Apr
17% Mar
July.
7,;-;: Feb
_.
Wright Hargreaves Ltd—
(A O)
Toledo
17%. Jan
Feb
125
'f-Ov'
WW
101%
1971
(Hugo)
A 7-48
y 11%
Aug
11% Aug
107
108%
(Calif)—
Gas & Elec
A7-4s 3d stamped
112:": Apr
Jun
Aug
10%
Gas
3s
Corp Inc 5s.
(Hugo) Corp—
Btinnes
8
105%
104%
—
__
107% 108
Edison
AStarrett
20
>
172%
'
1st mtge
253/4 Aug
100
Petroleum—
(F W) Ltd—
preference
$125%"-.
6s
' -t
Jun
jYS325
Cement_
deposit
M-S
Estate
Real
Southwestern
Woolworth
American
1952
Joaquin Lt ft Pwr 6s 3
Counties
Jan
v
107%
ASchulte
Jun
55
29
Woo da 11 Industries Inc
Woodley
$107
Southern
!, 24
Apr
253/4
13 7/8
J-D
California
Aug'
33
21%
1
.....
w w
nwa
-
Southern
20
'
23%
107%
Feb
34
/ '•
V
,u
'■
$107
California
500
Zv
'
New
Southern
1,100
/
21%
32%
common
preferred
Jun
16 3/4 Feb
1
107
J-D
of
Service
Scullln Steel Inc mtge 3s
Mar
24%
19 V*
„
■
43%
20
ft Co
C)
,'wW"
413/4
20
Products Inc
Wlllson
5%
10
49
Aug
;
109
105%
1
•
__
108
106%
WW
y'/M-S
91
81
J-J
1959
47
105%
$107
A-O
San
Apr
7
J-D
V/; / • ••'; /
Feb
40 y2
Feb'
28
75
42%
—Ww*—
Williams
-
.!,>
j.
(Wm & Co
River OH Corp
Whitman
Wichita
y;
33%
—
102% 102% .:.
•
J-J
Y
7
f9
107% 108
A-O
1955
4%s B
(Can)
&
Queens Borough Oas ft Electric—
5%s series A
1952
16% Apr
155
Feb
140
20
140
100
1st pfd
Maryland Ry t%
Western
May
12y4Mar
1,800
13%
12%
.8
ft Coke
212
101 Va
108%
1003/4
A-O
mtge 3%s
6%
11% July
115
Apr
99
105%
10
Public Service Co of Colorado—
1st
Apr
3,100
26
—
Utility Corp—
1970
Corp
•
Id3/*
101%
102% 1031/4
103
J-J
983/4
101 »/8 1013/4
M-N
1968
98%
2
$105«/a
J-J
1948
71
99% 100 Va
100
1954
1964
2004
105%
99 % 100
99% IOO
y
A-O
3s
Power
May
2,400
10%
--
78
105
$105
M-N
Elec to Gas 3%s
Continental
Public
Jun
34
91/2
1,29
104
9
Safe Harbor Water
Wayne
107
69%
99%
99%
Sinking fund deb 4s
24 % May
Feb
5'/8
111%
1055/a
105% 105%
105%
M-N
Y ft Westchester Ltg 4s—
Power
46% Aug
10% Mar
Aug
133/4 Aug
1,800
7%
303/4
Mills..
M-S
1948
3%S
Jun
/May
6
6%
2%
Ward
J-J
1st mtge 3s
1
1964
Pennsylvania Water ft Power 3y4S_1964
114y2 Aug
30'
600
45
1
Co
M-S
1961
Y State
A5'/2S series A
9% Feb
"'
•
M-S
HHIl950
3%s
Power
Apr
19%
15
109
104
68
1947
5s
England
;
4% Aug
Aug
900
1,000
15%
•
Waltham
$103
1948
5s
England Power Assn 5s
Pacific
5'
43/4
B
f.
115 y4
1
,
106
J-D
Park Lexington
15 y8
Class
•; '•
Gas
Eng Gas ft El Assn 5s
North
:
•
Co
Aircraft
••
105%
113
106
2022
N
•
;1
104%
2
110% 410%
1981
A
Ohio Power
V
55%
40
y
,
$113% 115
106
1967
4%s
N
Jan
4% May
Feb
15
100
101%
•f
A-O
1963
Debenture 5%s
Jan
12%
23/4 Aug
17
17
13y8
7% Aug
1,500
3%
23/4
20o
Syndicate Inc
Manulactunng
Waco
to
Light 4%s
Power
Nebraska
July
145
Mar
109
210
103%
95%
28
41
$105
F-A
4y2s
4%
at
Milwaukee
Jan
115
Jan
10% Mar
4,500 i
11.// 12 ,
116%
112
v
83/4
7%
1
convert!ole
100%
8
Apr
5%
3% Aug
100
400
•
7%
25 %
4% Aug
300
4
High
19
Valley RR—
Conv
Venezuela
Utilities 4s
Extended
New
Vogt
40
J-D
New
Venezuelan
J-J
Kentucky
34% Aug
July
21
3,300
113
109
15.50 priority stock
5,400
23%
22'/a
29
750
5
4%
o
Light common
Utility Equities common
84
.1961
6s.
1966
Apr
Jan
24%
31
High
102
Kansas Power & Light 3%s
Jan
Feb
22
29
,
January 1
Low
100% 101
Power 3%s
McCord Corp deb
7%
3% Aug
2,500
--
Range for
Sold
No.
102%
J-J
J-J
Kansas Gas <fc Electric 6s
99
Aug
20% May
8% May
Mar
89
300
„;.Y<
...1,700/.
Bonds
Jun
17%
3% Jan
7,400
%
4%
97 %
15%
Low
.1957
5s
6s
30%
Jan
15
750
1?
.1952
Power
Debenture
Mar
18%
7,000
Range
Friday's
or
Bid ft Asked
Apr
49% July
24% Apr
v
Week's
*
Last
Sale Price
J-D
new com—
ougar
Power &
Utah
Aug
_10
Universal Products Co
Utain-laa.no
847s
Aug
14 %
..10
Consolidated Oil—
Universal
'■ '
'
'
Altallan
4
96%
>
16%
_•
United Stores common
46 %
-
16% xl6%
4'/a
' \
'
"
■
'
'
16%
•
III*
IIZi
Reclaiming
Rubber
7ft3/4
340
1,000
20%.
.500
Radiator common..
S
2,875
16
23
—8
——
International Securities.
1st
U 8
14 %
24 %
•
Friday
Exchange
Curb
y/Lota/y/• High
82%
47%
X
and
$5
46'/a
1
Co class B___
Graphite
S
U 8
80%
15 y2
■
—28
United Specialties common
U S Foil
80%
47%
..28
Machinery common.
Shoe
Preferred
York
Interest
Period
New
Range Since January 1
Shares
j
High
Low
Par
BONDS'
for Week
Range
-
Sale Price
,•/
•
Sales
Week's
Friday
STOCKS
York Curb Exchange
New
'
WEEK ENDING AUGUST 30
FOR
RANGE
tive;
certificates of deposit; "cons,"
"wi," when
consolidated; "cum," cumula¬
stock; "v t c," voting trust certificates;
issued; "ww," with warrants; "xw," without warrants.
"conv," convertible; "M," mortgage; "n-v," non-voting
■
*
THE COMMERCIAL & FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
RANGE FOR WEEK
ENDING
AUGUST
30
8TOCX«
Friday
Baltimore Stock Exchange
Friday
SlTttUKS
Range
of Prices
Low
Corporation
bail
100
Co
_~*20
Fidelity & Guarantee Fire Corp*—*10
Finance Co of America class B
*_20
vtc
•
& Deposit
'
103/b
'
Feb
40
/
,178
40
50%
Mills com
20
New
Amsterdam Casualty*—*—*_2
North American Oil Co
*
25c
Northern Central Ry—***
50
U S Fidelity & Guar
oO
50%
k
iv
Bufl"r
Aug
Feb
1.30 Mar
Jan
116% May
54
Jan
Castle
—
—_
Inc—
20-yr debs (subordinated)
94%
$4,000
94
Jan
993/4
101
102% 102 %
99%
1,000
~~L
Jan
Jun
5
May
Jun
Jan
39
100
&
Co
(A M)
50%
W
•
(Jul common
Hen
Cherry
Corp
common
Vtc
130
115
2,110
400
197
202V2
50
Friday
Week's
;\'' SanKe
A
ii
„
'i
Sale Price
&
Tel
American
Tel
American
Woolen
»
—
«
Boston
RR—
BORton'-at "Maine
Common
1
53%
■
45%
18
51%
Feb
59
Jan
50
65% May
50
Aug
50
44
Mar
80
580
77
37
?.
class A 1st pfd
100
Stamped———————.—100
9%
89b class B 1st pfd stamped——100
Boston Personal Prop Trust-——
5%
—
„—
7%
'53%
10 !
56%
10
9%
IIV2
16
53%
___ri)u
**
10%
12
10;
105
20
213
122
v
17 Va
53 Va
Electric Household
Feb
Fitz Simons & Connell
Dock Co common*.
Flour
20% Jan-
10
Aug
9% Aug
16
8%
————5
Hecla
&
7%
29
—
270
Copper Range Co
—*
,
11%
—
.
31
11%
preferred——-——lOO
12%
Feb
Jun
Gibson
14%
11% Aug
Gillette
Feb
Mass
Street
Eastern
Lines
SS
First
National
"75
104 Va
125
36 1
35
103%
Feb
120
45
115
Jan
145
Jun
104
Inc
*—*
common
•
Stores
125
-35
—
;
.
Jan
47
Apr
545
16
25
Jan
33
32%
61%
125
91
245
Aug
Aug
32% Aug
47.05 47.05
.60%
30 Vi
17%
32
30%
60 %
~*
—
v
Jun
16%
17
Employers-Group Assoc—————*
Engineers Public Service——r—IV
Capital
Corp
1
Electric
General
—
•
——
Gillette Safety Razor Co
18
60
-
32%
32
Button
Royale
Keiinecoti
Hole
Mach
Co
Copper—
54%
Apr
5%
■
10
—...
■
.... ■
4%
1
70% May
20%
X50%
*
100
53%
45
n
110
3%
8%
RR
Central
100
common
,—-»»-***——100
1%
Narraganseti
Jan
.
V 3
Rac'g
New
assu
Inc
48
.
•
•
Old
Butte
1
Pacific Mills
Co
Stone
10
Machine
preferred
Association
4%
260
18%
,
Interstate
136
139%
1%
1%
;
4%
4
37%
60c
1,800
• 1.160
10,250
Ufcited-Rexall
United Shoe
6%
38%
33%
3%
36%
3%
Katz
14% Mar
;%"T5%
15%
.
Mach
%
2
—
Jan
Jan
25%
Jun
9% Aug
18%
61
142
2 Ya
Power $6
Jan
:
16
Apr
19%
39%
40%..
50%
53%
<
17% Jan
5
14%
14%
14%
80%
82%
47
47
62%
65%
200
54%
56%
70
28
—
25.*.
common
***
—
10
U S Smelting Ref & Min
50
Corp——_
1
—
Corp
12%
%[■;
90c
• *
Vermont & Mass Ry Co———_—100
Waldorf System Inc
Westingbouse Electric
•
*_'.'
143
20%
'
300
30%
23%
Salle Ext
&
Mar
.
49% July
Univ
Co
100
8%
700
21%
600
32
100
350
12
13
200
38
10
27
*
*
Aug
78%
Jan
85
46%
62%
Jan
^
13%
1,350
% 12%
20
55%
Jan
112,,
8%
-2
49%
50%
2,400
27^
7; Monroe Chemical
•'Muskegon Motors
90C
49
83%
Feb
Aug
2%
28
—10
Co
common*—1
Adams
D)
(J
Admiral
♦
Mfg common
Apr
Co
30
50
713
10
20
23%
400
20%
Jan
12%
8,950
16%
**
18
18%
--
50"
75%
--
8 /4
8
47 *
250
76%
300
8%
33
20
American Car
Northwest
common
Bancorp
common,* *******
42%
"26%
2 *2
-
26%
J
Mfg
—**—1
common
6% "preferred:
common
(new) *25
8
com
100
Penn Electric Switch class A_——*10
Corp
common
Advanced Alum Castings.**.
Ball
•
Allied
Laboratories
13
5
Aetna
Bearing
common
:**.
RR
50
capital
--206-
27
7
27%
& Tel Co capital—
.100
American
Tel
&
Asbestos
20%
IlOO
Pub -Serv
Co
common—*.—
Mfg Co common——
.—5
4
184
13%
common—^*—
Aviation Corn (Delaware)
184
12%
4%
8
Washer
17%
13
400
9%
1,000
10%
20%
125% 125%
—1
Athey Products cspltal—*
Automatic
40
13%
13
5%
8%
—3
10 V4
19
50
40.:.
187%
.1,600
850
4%
14
6%
9
184
12%
1,400
10%
10%
11%
50
50
50
9%
9%
112
X22
Bastian-Blessing
Belden
Mfg
Baiks
Mfg
For
Co
Co
Co
20
Corp
15%
capital
footnotes
see
37
common—
common
Brewing
24
psge
1241.
33%
20
21
15%
23%
16%
22%
36%
-:•?
.
27
250
34% Jan
20
950
Corp
37
;
-•
S
Inc
St
Standard Dredge common
Standard Forgings common—.—1
Louis
rH
Feb
common*—***
Nat Stockyards
01) of Inn
Stewart-Warner
Storkline
ptiphonm
20% Jun
8% Jan
Swift
Fur
Corn
Sundstrand
&
*_*_10
15%
43%
13%
1,100.
,
1,150" "
400"",:
36
36
29%
29
250
31%
36%
37%
29
29
30%
-
Jan
May
Jar\
49%
Apr
12%
?
Aug
=
Jan
37% July
20% Jan
,
"37%
>;,vr19%
1,250
*.£ 500
'
...
36
18%
Jan
,
Apr
4% Aug
12% July
50S,.;..:^.2L,
36%
36%
Jan
Feb
5%
100
:—•
37
11% Aug
45
comrnon**_5
33%
24%
20%
19%
__*_____**_—25
36
10
25%
Tool
Aug
Mar
Aug,'
•1,350
19%
Feb
Aug
Jan
Aug
Feb
39%
"
.'
Apr
45
Jan
83/4 Feb
17% Mar
49% May
26% Jun
36
.
45
Jun
July
34% July
36% Aug
41
25%
40
Feb
'
Co
——2
(The)
common*.
908 South La Salle Street Corn
Jan
Union Carbide & Carbon
Feb
United
30% July
;
39
42%
Aug
17%
JA.....<n(ji
23%
12%
Feb
40% Aug
30
'
12%
Feb
47%
a 1,700 vA17% Aug
107/b
37%
4%
May
24%
28
2,200
18%
21%
"5 Vb
127
Jan
37
200
251/8
.common—
Machine
Co capital
22%
May
May
May
100
9
Aug
4,000 A ,•■■"'.31
July
356/: 7: 15% Aug
16%
10
16
Aug
33% Aug
507A
9
14
€5
X22
200
42%
May
c.
Feb
108 %
5
common
17%
..
37
52% Feb
8% Mar
'./r 150;,'
35%
•17%
10%
cap**——**
capitals
26%
.
41
Feb
Vi May
;
Jun
10% Apr
common**—__10
Corp
Corp
Aug
Jan
;*—2
Spiegel
12% Mar
20'%
17%
31%
*
Clothes com***—**—1
Brand
Feb
49
30
G9
34%
(new)—_*
Society
Jan
14%
,i.
31%
17%
41%
Jan
134
...
30
1
——
7
28%
capital
common—***—•
Sinclair Oil Corp*—.
18% Mav
7% Feb
13 ^ Aug
'•5% Juiy yy-
8% Aug
Prod
20%
199% May?
Jan
Feb
Jlan
40
150
1,800
.
Jun
50
25%
80
July
■25% May
Aug
400
3,000
30
17%
14%
Mar
9
19% Mar
200
33%
May
May
36
4,600
37
1
class B common*—;
Corp
■.
May
-
19% Aug
May
2,950
;
10%
111% 112
34%
capital
Signode Steel Strap Co com
Trane
Berghoff
Cummins
13%
4Aug
1,100
550
jAi;.
Aug
124% Jun
f.V 200
14%
Aug
20 %
8% Aug
950
.
:•
Jan
350 '■
1,050
:
High
■
19
51
103
4T% Feb
10
42%
'
20
common
Sears Roebuck & Co
Low
13%
.
Colo
Packing common——.———10
Electric Co common
*
Shellmar
'
common—-.
preference*^.
American
Armour
8%
10%
of
Serv
Serrick
Range Since January 1
'
'(■
Schwitzer
Shares
;.
Aug
71% July
6% Jan
31
Apr
July
31% May
13% Aug
,
44
600
33
Aug
25
"
"46%
:~-
•
North
7
Sales
19%
60
«
¥ 5% Jan
.14% Jan
14% May
300
-
Apr
Apr
*7%
Apr
:
;
88%
68
Feb
39% Feb
150
10%
10
Peabod^ Coal Co class B
i; 23% Jun
39% Jan
Aug
200
24%
Jun '
15% Apr
35% May
Jan
44%
.
•227/8
Sangamo
High
y4
51%
143
60
23%
1—*
cl A
80
18%
>.
common**
special
Parker Pen Co (The)
for Week
19
Il_l
Jan
i1
54,%
-
Aug
11% May
41May
Jan
44
r
—*
National Standard common—**
On>
Jan
155'/a
Jan
33
'
Apr
% May
Apr
Aug
143
j-
744
of Prices
46
112
Jan
11% Aug
711% Mar,
>35
Feb'
950
:
Chicago Stock Exchange
Low
.
27,'
54%
'■%
—22 Va
vtc*—■<— — 11
common
Mfg common
*
Montgomery Ward & CO common
Rath
Sale Price
v
23% July
15% Mar
57% July
Feb
7Vb
19
180
12%
32
'
rat
110
300
1,200
>
11%
1
14% Jan
20
8%
36
29%
>■
11%
May
21% May
58% May
Jan
56%
May
30
Mar
500
32%
29%
26 % July
36
Jan
12%
"
79%
Aug
54% Aug
5
Week's
Aug
20%
112
32"%
25% May
44% Jan
28% Mar .;
13
Jan
56%
12
*
capital
lac
$1 prior preferred
Minneapolis Brewing
46 •; Jun
14 Va
Range
22
Jun
10% Jun
Aug
6
38
capital—
Corp
& Hart
Pennsylvania
Last
32
20
*5
.2*—
25%
18
-"**
com
Jan
Jan
7% Aug
17% Feb
18
112
common—
Moditte
Pub
Friday
55%
300
100
Jun
26% Aug
33 % Aug
75
Jun
1,100
20
Aug
Apr
247/b
38
20
12% Aug
38
Jan
30%
t
25% Jan
20
20
32
Apr
17%
29
*50
common.
West
Miller
■
53% Aug
18% May
100
r
24%
Apr
Jun
27
16%
v
1,800
22
.
42%
30%
Feb
Aug
IJ.% Aug
20% Jan
29%
•
■_
Ja n
20
850
67
'**
1
common
Mapes Consol Mfg
MKtaie
Apr
39
,:
2Lu£&V/.Vl60
28
.26:77
33%
—
^.*
Feb
15
90c
10Q
.20 y2
Field to Co
Feb
19%
350
•;
143
20%
3%
Aug
17% Aug
:•
'.>'-435
,
750
7%
common—';'"-*
Mickelberry Pood Products common—1
Feb
Jan
4
Apr
% Aug
15
2,273
,
12%
26
24%
**
•
$3.50 preferred
6% Feb
1%
"757
39%
200
31
7%
•
,
pfd
Lindsay Light & Chemical
477/a Apr
14% Max ™
990
17%
17%
,
20
23%
—
1
2,
Feb
14%
Aug
20% July
'67
^
,
79%
17
■
Aug
Feb
47%
200
16
31 y4
Feb
Aug
20
11%
25'/a
12% Jvn
8% Aug
24% Jan
26
11%
10
*
33% Aug
3% Jan
335
■
%
15
50%
Inc
Holding
Feb
20
*
Feb
Aug
21%
—*
Apr
18
Aug
19
20
-•
*—10
Aug
May
27
33%
1
:
52
22%
8
■
34
30 Va
8% May
11
Aug
27% Apr
8%
20%
Cumulative preferred
-*
Libby McNeil & Libby common—*—7
Lincoln -Printing Co common
1
.1% Jan
35% July
605
2%
%
'♦
U S Rubber
Venezuela
8%
1
111
21 % Aug
"
-*
*.
Aug
-
Feb
9%
61
9%
61 Vb
*
capital—**.,*
preferred
Leath
Apr
25%
Jan
3
"75
3%
La
79% Apr
..
•
Drug Co
6%
37% May
30
Feb
75c
Co
Jan
21
150
Jun
8%
23%
23%
_•
common
Kellogg Switchboard common
Kentucky Util Jr cum pref™
58% Jan
Aug
127
1,376
•
Drug
preferred
48%
2,650
11
1
16%
4% Aug
100
23%
22%
-
Jan
37% May
■
1,527
170
——•
Co
Fruit
21
850
105
Aug
56% May
12
Apr
28% Mar
400
5'
4%
101
45% Aug
1,050
Apr
Jun
;
:
18% Aug
468
->,f 61c >;■ 65c :■
—
*
Torrington Co
United
200
15%
31
1
(new)
common
Brick
XKTq FPfltlfQ
Feb
>
Jan
—100
•*——
inc
Webster
&
46
14
30,
10
common
Indiana Steel Prod common
Aug
5
60%
July
—
-J*
Folding
Reece
45%
•
49%
*5
(H
•
fteece Corp
Shawmut
32% May
12% Feb
.
10
Illinois Central RR common——109
% 49
Feb
64
17
—
50
28
29%
82
/-...: 203
—
*
common
Pennsylvania RR
Qulncy Mining Co
Rutland RR 7%
100
107%
iy<i
Indep Pneum Tool (new)
Indianapolis Pr & Lt common
i:.
July
69
25
20%
136
1%
-1.——100
RR
43
120
Illinois
22% July
8 •" .t Aug
300
V'■.
■*.-
Colony
May
20
9
12
Feb
;y
' Aug
32%
_u
-100
2.50
Mining
•'
24
B
22%
..
-5
Apr
:
•
Jan
45
64 ;
22%
?■
23
18%
8
Cos
England Tel & Tel
North
..
50
14%
Hall Printing Co common
-5
Hammond Instrument Co common—*-1
-
45 \ Aug
Jan
;30%
65%
*
1
Nash-Kelvinator
Service
Apr
20
21%
51%
'
.17% Mar
50
.
8 .f 8
..'44% 49
••/
—
**
Linotype
Mergenthaler
National
8
2.,
Alkali Works
Mathieson
44%
4%
42%
Jan
Feb
.
261
46
52.15 May
41% Aug *
22%
820 ;
600
0. ;
4%
20
\
—
——
pfd**——50
(Del) 6%
preferred,.
52
_*.
Hitb Spencer Bartlett common*
25
Hordexs Inc common**———.—*•
A-.;.,
Maine
Jan
20
*
Inc
Corp com——
Helieman Brewing Co G capital
Hein Werner Motor Parts
Feb
41%
Jan
•10%
1,101
44%
—15
rU.
Coppei
Lamson Cerp
Apr
25
Dredge &
Harnischfeger
46
46.30 Mar
1,831
36%
43%
*
Int'l
45%
34%
,-44%
B
Isle
41%
__
♦
—•
Hathaway Bakeries class A—
Class
Jan
36
Feb
51
31
5
Auto
Safety Razor
Hupp Corp
General
25%
31%
17
Feb
650
R.v—
1st preferred series A
—**-100
6% preferred class B
,_100'
5% pfd adjustment—
**•<—*—100
6%
Eastern
Feb
3,900
22
15
com—
W) common
Great Bakes D & D common*—.
Jan ; i 104% May
99
18 y4
34%
21
**
Finance Corp common
Motors Corp common
Refrigerator Co common
General
42
Feb
100'/a 101%
100%
100
32%
'
1
'General'Candy! class A*--****!-
Gossard
prior
new
America
Goldblatt Bros Inc
4%%
Jun
.
20% May
■7% AUg
100
41%
' 9
10
Fox (Peter) Brewing common*
Associates—
Eastern Gas & Fuel
26%. Feb
44%
22% Jan
Aug
26%
68
oi
Four-Wheel Drive
Jan
21
;
Mills
General
Calumet
tatiteR Service
400
21%
30%
22%
51
—i*—__*5
Util Corp
Elgin Nat Watch Co
Jan
10%
91
Aug
11% Aug
230
8%
6% July
,
140
?
(The)
Jun
45
73% Jan
27% May
106% Aug
__
*
_**:
new
Eddy
Corp
113
,24,
Inc class A**
Paper
49% Aug
16
Aug
20
Jun
Aug
100
*
Domestic Industries
86% May
Peb
7%
-100
uieterretl
50
1,450
115
Jun
120
**50
July
55
Aug
660
49%
8%
Aug
32 V2
1
Apr
150
14%
400
29*/4
10 B
Deere & Co common_*»i.
Feb
July
65 Vs
106% 106%
5
common*-****-2 '/a
Dodge Mfg Corp common
Doehler-Jarvls Corp '**_
25% May
Jan
v
28%
50
Jun
Aug
136
Common part shs
Curtis Lighting Inc
Jun
70%
X41% Aug
80
30
1,844
Feb
200%
Jan
42%
77
41
.
58%
19% Mar
30 %
668
18
18%
137% 140%'
51
52%
,
181'/a Aug
110
..?.
Jun
211
Jan
3,200
49%
30%
29
common
Consumers Co vto partic pfd
Common part shs vtc A
v
stamped
prior
55%
x41%
__
18
-—.*_***-***-*-*-..***25
.51
Elevated Ry
100
78%
Herald Traveler Corp—41 %
Boston
85
3,747
48%
h 181% 191%
55%
Edison"
*
113
52%
Biscuit
Jan
20
12%
r
$ae,s&'i7
'
—
10
*
Consolidated
nigh
11
38% Mar
49%
48%
—
l8l%
Low
/•<v;
common
(The) Co Inc.
Commonwealth Edison common
Range Since January 1
Shares t
184
25
115
*5
*
Coleman
'■
High
48%
.
.—-—,—.,—.50
Anaconda 'Copper '
'Bird & Son Inc*—__***-**—--—-*
Boston & Albany RR—***-*•—~*——10u
Boston
'
100
10u
*
Sugar Refining com
American
Low
fchemical €0-—*.—*--.*
American Agri
Chrysler Corp common***
Sales
lor Week
of Prices
Par
16'%
Co
Feb
Feb
15% May
124% Feb
50
v
49%
Service
Jau
65
*.__100
100
Cities
Feb
25
10%
11%
Chicago & Southern Air Lines
*
Chicago Towel Co conv preference—*
Exchange
Jan
5%
23%
•
preferred
10 %
Apr
113
18% Aug
100
-
119% 119%
1
for 5%
50
10%
200
5
Pac pref
Aug
10%
119'/a
preferred
Convertible
Feb
3
xoyg
*
common
*107
/ig
*
;
;
Burrell
aw
50o
preferred
Chicago Corp
Jun
180
650
pfd
Chic Milw St Paul &
STOCKS
May
common
Chicago & North Western Ry-—
Boston Stock
May
13
Preferred
Jun
July
103
Feo
66
1
—
Corp
Convertible
Mills
—
Jun,
22
Illinois Pub Serv $6
Central 111 Secur
Corp common
Apr
95%
Jan
2,000
94%
993/4
41
*
preferred
Central S
1975
1975
4s
Co
Transit
5s series A__
High
Aug
Central
Jptnrio—Baltimore
18
BrothPro
4%%
Prior
Mt Vernon-Woodbury
;300
10% Jan
Jan
Jan
87
Low
18
May
I6V2
47
Range Since January 1
nigh
Jan
Jan
37
Low
-
Common
Aug
■:/V 58
Shares
capital__*___.**
313
70c
803
51%
48%
48%
(E
Burton-Dixie
31%
10
J)
Sons
for Week
*
Bruce -Co (E L) common
Buret Piston Ring common
111%
262
1.00
115% 115%
115%
;•
31% a7-'V 230 "■/
31%
90c
714
Corp
.58
May
51
George W)
-Rales
-
Range
«f Prices
•
5
Brown Fence & Wire el A
pfd*_*
;.y
Mt Vernon-Woodbury
common
Aug
186
;'
Jun
310
313
.,;7V.;vs'Par
Laughlln- Inc
&
1
Brach
55% May
Jan
2
40
v
31% May
13% May
Feb
28
168
50
Borg
High
Jan
4%
1,040
.
186
313
40
25
93
45
185
Low
310
-
Bliss «&
Range Since January 1
'•
25%
42 V4
7.^42%
'
Sharea>
<
High
10«/4
VtC
Co Common
Transit
Preferred
Fidelity
*-
25%
**_**-_
••
for Week
Last
Sale Friee
Arundel
Sales
Week's
Week's
-
Last
Sale Price
U S Steel common
com**-
capital*
Light & Rys w 1—*
—
55
55
*
:.—*
•
,1,200
56
103% 103%
180
"i
100
51%
Xl01%
Jan
Jan
Feb
May
61% Mav
120
May
%
27%
27%
600
25%
Feb
37 %
82%
May
82%
85%
400
79%
Jan
97%
Feb
27
,
i0'{
I
♦
% ,7"-l
<\vi:■
•:
(i
4
V*
• 1..M
•
«
w •,
*
CHRONICLE
THE COMMERCIAL ft FINANCIAL
Number 4521
|Volume 164
i
*•*. 1* «•' ♦
y
OTHER STOCK EXCHANGES
RANGE FOB WEEK ENDING AUGUST 30
Friday
STOCKS
4 7
Range
"
commons
300
29 Ve
29%
Wisconsin
14%
15
12%
12%
*
a
•.
i>anK8trares -common..:
Woodall Industries
common__j___
Machine
uss-American
Alleghany
150
-
St Ban com
American
17%
Rolling
16%
17%
39%
40%
41%
*
42
Mill
Top & Santa Fe Ry com
Bethlehem
Steel Corp
common..
L
Certaln-teed Products
-•
,
31%
;'
-800
•
'7
..r
14
-
:
i-—
Laclede Gas Light-..
r»H''
(Glenn L)
Apr
25% July
10% July
13% May
13% Aug
20 Va
Apr
6% Aug
12 Va
Feb
12% Aug.
42% Aug
16 %
Apr
51%
Feb
Co
Corp___.
Central RR capital
Pan
Amer Airways
Inc
Pictures
Paramount
Pep6i-Cola
Greif
Bros
Cooperage
Bros
common..
8% May
6% Aug
18%
20%
20%
22% 4>
30%
30%
7%
8%
8
Incorporated -1
Pure'Oil "Co (The) commonPullman
20 Va
-
100
Jan
34
2,400
■7
34%
.
McKee
N
Y
Central
Oil
Ohio
Packer
Brick
Aug
41
42
191
31
Jan
51
May
54%
54J/2
53%
Apr
55% May
42
'
-25
Apr
10% May
32
Apr
Aug
38
33% JUly
37% July
7.7
29 V*
vyY ■.
25-
Jan
-
37
Aug
59 %
Feb
67
Feb
28% May
200
-
7.;,7
20
200
Feb
of America common;.
Radio-Keith-Orpheum
12%
12%
12%
500
12 Va
Aug
19
Jan
20 V*
19%
21%
900
19% Aug
28
42
-31%
Republic Steel Corp common-
34
33%
36
-1,000
30
Jan
.
__
"11% Mar
14
140
43% May
54
Jan
45%
Feb
20
Mar
35 %
Aug
205
40
Mar
53%
75
14V2
435
13
Aug
17%
10
10
200
10
Aug
17%
Feb
35
56
Feb
72
Apr
'62%
62%
XX
v
5Va
*>
•
—
a34% a35%
12
> 13 .
a33% a35%
—
*
•
4 Va
July
8%
20 %
Aug
35%
19%
80
Apr
Jan
29 % May
Feb
'140
33%
Feb
33%
Aug
July
40
377
-
47%
Feb
117/a Aug
19
Jan
554
29%
Jan
40 %
Feb
748'
:-'V
51%
Feb
63
Jun
30
July
,188
.
'
57 %
55
—
22% May
41% May
32%
90
a205/8 a22
;v-a23%a25% V
>
35
35
-
-50
Jan
16%
40
5V4
Jan
Jan
174
200
18
18
a35>/8a37%
—
,
„
Feb
i3y4
10
___• ^5—
,
Jun
41
305
-
-33
46
„
1
Corp
July
17%
1,700
.16
Apr
75 77-
77ya:
600
16%
17
20O
16 y2
Aug
30%
800
27
Aug
1,100
0
Apr
4%
1,700
16%
300'
a55% a58%
a8l7/a a88
28 %
29%
(Un).
—
•Van Dorn Iron Works.——
Vlchek Tool
;
!
*
U
Steel
S
common
1
White Motor
i; World'Publishing
Youngstown Sheet & Tube
-
—
common—"
Youngstown Steel Door' (Un)
,*
79%
Jan
97%
Feb
275
25
Apr
34%
Feo
100
14
110
24
25
81
44
Jan
39
July
83%
Jun
31
Feb
% Mar
23
20
a23V4 a23%
.x
18% May
Jan
30% Aug
.4
37 %> 37%
a72% a75
;
Jun
220
a31 % a31 %
•
,
69%
Mar
49
90
,
-14
14
-
—
20% Mar
215
a26% a28%
14
4j/4 Aug
—
common...—10
Jan
Aug
38%-July
10%
Ohio
of
Products common.——
Thompson
22% May
27-
Standard Oil
•40% July
16%
—
Socony 'Vacuum Oil Co 'Inc——15
•
25
Standard Brands common—•.
J
of N
Oil
Standard
i—
Oil
Bunray
United
-
1
Standard Steel Spring
Corp common—
28
1
Studebaker
1
Cotp
9%
10%
•;"
'4%
Corp
&
Wilson
4%
V-
Co common—
16
__
66 y4
'■
16
——
.
18% Jun
7*8%
62% Feb
May
WATLING, LFRGIIEN £t CO.
'
*J S Rubber Co common.
1
Jan
Members
New
86 y4
Apr
20% July
■
7
Aug
Stock Exchange
York
Chicago Stock Exchange
Last
Range
for Week
Sale Priee
ef Prices
Shares
Low
Laundry
Brummel
Beau
Churngold
|||77,||:V;|||;.;7 DETROIT
Cincinnati
14
Street
—
-——
109
1—
(Dan)
'''*
♦
L
i
•
J
18%
,>
23%
Baldwin 'Rubber
115
Aug
Jan
20
106,
May
Apr
15
July
Feb
.-25
Jun
..
May
38%
Jun
1~2
Jan
13
90
19%
Feb
> 29
.110
187:
-
80 V*
Jan
145
-
.
7
64
.130
Feb
,;21% Apr
50% '
.260..
13%
52
53 y8
55 y8
Briggs
29%
Mfg —i-ii-;—
-Jan
Mar
<•56% May
Aug
Edison
Detroit
Electromaster,
Inc
-
Aug
Mar
52
July
Friars 'Aie
€5% May
Jan
-u.
-i,"'
''
Gar Wood Inc..———3
— 1——
Gamble——-—
iNational Pumps
tProcter
29
£
—
■
S
:"7:87.7
Printing.--—
—
Jan
•71
Apr
31
May
72%
50%
51%
276
52
52 7 7
52%
37
•
.." 40
.
5% May
8%
Feb
75
5%
Gerity
11% May
'Jan
71%
General
Jan
...8
Aug
61% Feb
25
30
v
Aug
34%
1,294
7
^."7;
50%;
^
50
—
—i—
*
64%
30
X-
122
Jan
28*%
20
S
62%
62%
-Class -B
tiaL—iw--——-r-fi
S Playing Card---—:
i
10
-Preferred
y4
———*
^Randall class A___—
.
•62y8 Mar
83%
Apr
32.,
Jan
50
Jan
57.;
Jun
53 y2 Mar
'American
38%
Rolling MilL
Bervice
'J.
40%
-130
■35-
28%
65
25%
44%
f4l% Jun
42 ". May
9%
Jan
*239
aV AUg
607/a Aug
^239
:
50%
...
*42
26% Mar
28% Jan
"
-
-20 'r* Mar
1,983
33
43 y8
:
—
11%
27% Jan
t.
492
24ya
r
-121
60'%
—'
U------.--istandard Brands i'—
—
*
Tlmken Roller Bearing
'
-*
jpure; '.OH
32%
34%
10.
s\
Rights
General' Motors
:
-
32%
j
City -Ice & Fuel—--—'——1
Columbia Gas
.
Jun
Jan
Goebel
Brewing
1 vx
-i——L
. v\'
/ I
—
Graham-Paige l-———
,'
\ 1' /
Aug
13% Aug
Hoover pall & Bearing-.——
Hoskins Mfg
•
6'
:3'
•14% Aug
38
6% July
Jan
28
4
23
k
Mar
'
12%
Hurd Lock
&
T4
417/a
Jan
50
507/a
51%
July
Au g
.
14
Jan
Aug
'80y4 Aug •
528% May
53
,
May
Lttesge
Oil
National Stamping
16
Mar
61
Aug
•5
Jan
900
6
Mar
8%
Feb
8% Aug
15%
Jan
Feb
26%
Jun
Jan
Parke,
-Davis
Peninsular
Metal
Prudential
Investment-
;
>r 'yy
.; ■
Week's
-Range
Last
Sale Priee v; ef Prices
Sales
'for Week
Shares
Par-jf
Standard Tube
Superior Tool
Range Since January 1
T
low
Sigh
>
xow rHiah. ;;yy:V
Addresso-Multigraph (Un).i--———10 ' ^v.
a30% a307/8
23
' 30% Aug
6V2 Aug
Akron
Brass Manufacturing—_^-:_50c
%7.»,-"-;
SI
575
16% Mar
American Coach & Body_.'^^
5
—
•...
20 y4 21
y" 605
180% Aug
American Tel <fe Tel
—100
al86 al9iy8
195
28% jan
'••City Ice & Fuel-i-i----—-U—
-*
1a327/8 a327/a
10
19% Aug
lClark Controller ••———
20y2 20J/2
" ' -100
Feb"
^Cleveland Cliffs Iron pfd__
; * 100%
100% 101 ya
^*566 ~- 96
57% Jan
•Cleveland Graphite Brpnze (Un).1 ^ 1-j. i
a66% a67%
80
-25
Aug
Cliffs Corp
—5 - <25 4
25
27
- •
985
42% Jan
Consolidated Natural Gas (Un)
15
—,
a5Q% a533/8
40
54
-Aug
^Eaton Manufacturing
14
__
a54y8 a56l/2
125 ;
13% Aug
'Erie Railroad '(Uh)—
———*
al3% al4 ,
110
28% Jan
•Faultless Rubber
'
32
35
-27
a
—j
41% Jan
9%
Jun
25% May
200 y4
class B
'
'5%,
'
;
6%
\
__
—
;
1
3y4
r
4
4
■■
'4%
6%
.. .
T
—
Jan
■
:
9%
;*4
3%
400
8
805
6%
-200
44 ,y'i,:;%,110
Jan
5
<v
3%
Apr
3% Aug
7% Aug
Feb
13% Mar
2% Aug V
2Va
Jun
Jan
*45% May
Jan
'8% Aug
.
Jan
14%
<:
6% 'Aug
35
670
5,303
5
12%
■
Jan
May
Feb
•7% July
;:'X 5% 'Jan
36 i -Jam
47%
.
Jun
33 y4 Aug
30
33%
5y4
200
5y4
5y2
Jan
16
Feb
4%
Jan
*175
2,620
.
'8%
Feb
'13%
Jan
•
300
^ '140
800
200
.
Jan
n°'8
Aug
10 Va
19% Jun
9% "Jan
"Mar
>10
Jan
6% Feb
'4% May
'400
21
21
6%
7y8
13% 13%
56 Va 56 Va
3y8 ,3y2
2%
2%
7
4
.'400
4
Aug
14% Apr
200
Jan
5
980
14%
4%
67/8
10 y8
15%
5%
f 10%
l4y2
Jun
20% Jun
34
2% Apr
;
100 i
'5y4
v"
-x_;.
1 '•
50
Products new com
G
—
1
Tivoli Brewing
.
—
10*
5
14%
4% '
6%
1
r—
•Udylite common
■U S Radiator pref
Warner Alrcrait common
Screw
.'
1
com.-—
——
,:
■-4
-
1
Timken-Detroit'Axle
Wayne
2
10
—
Sheller Mfg new common.
1
44
5
•
River Raism Paper—»
Friday
6%
147/8
1
——
common.
Bcotten-Dlllon
^
7% :
-33%
*■
•
8
100
3Va
2%
July
Jan
8%
21% Aug
V:
1,700
'235
39%
8%
.
80
17% Mar
-
-
.100
2%
fl.• 3V2
lt.
1
Products
Brewing
Rickel (H W)
Cleveland Slock Exchange
•
Parker Rust-Proof
Pfeiffer
STOCKS
;
7%
"j
*
6%
8%
.>
common__T_j-X.—
»
r——2%
-
'6%
2%
2Va
2ya
•
376
875
<2%
39%
'
23
360
.
;23
:
*
\
10%
-i-
•
115
24
10%
>
2y8
Packard Motor Car
'•
Chemical-Co common..-—^.-—X
'
*65
•—
Park
Feb
16% May
Jan
200
1,432
-3,885
20% '?21% 22%
22%
1
common
Jun
Jan
4
;v
>
65
23%
£
4
'
20%
-'.19%
1
,
-12%
Xi——10
• ^
1
;•
(S S)
Aug
6%
100
.
20%
»
Mfg-—--
Lakey Fdry & Machine
Masco
Screw
Products^
McClanahan
7
1
Motor -Car^
Hudson
5
14%
7<
>7
7%
8%
8%
&>'& - ^{vlS
—
2%
•
21
-4% Mar
2% Mar
Feb
36 y2 Aug
4% Aug
14% Aug
•
.
,
Feb
Apr
,
Vitf
Aug
,
.
Apr
9%
25
700
200
-
6%
8%
—10
Feb
Jan
16% July
61
Ja,.1 1
I
«
23
23%
•20
20%
—
Kinsel Drug
^TnOsthd—
Cities
'21%
135 y2
-,-956
.
Feb
.-5
2% July
16% Mar
103% Aug
14%
—
class VB—
-Hi—
*. "
20%
Motors
———10
Michigan Die Casting^.,.—;• -6%
Kingston Products
'
15'
•
Jan
May
200
1,810
2,624
300
.3,445
3,092
26%
4%
36%5 '-
^5%
.3
-
19
•53
liy2 Aug
•
-
Feb
7%
Jan
14% Aug
39% Aug
•V
1,250
14%
36%
4%
'"
1
4%
-
550
185
300 ;
,100 370
- -• 100
.'5 1,030
4
35
(4%
-
Frankenmuth Brewing
118%
50
*
:•
'
Lunkenheimer
'•U
Range SInee January 1
Low
High
300
-
%
7y8
25%
»■
14
12
14%
6%
5
:
Mar
44%
14%
—
.6- 7
25%
-au.——20
TrOck
Motor
11%
-
13% ;,147/a
—
■eorp.jiii.X—.^Ll.—2
•Detroit Bteel
Federal
u
10
Detroit Gray Iroh.—-_r—
<
11%
1-X
17
103%
10
fcommon.
4%
i4»/a
39% 39%
3
; 3
17
17 *
103% 108
20% 20V4
—
X
——jl
Cieve'Navigation——
&
uetroit
t
13%
»•
—____
Davidson Bros
4%
14%
Brown, McLaren
...v, .....l
Burroughs Adding Machine-.-.-—
*
Chrysler Corp
5
Consolidated Paper —i——
—10
Continental Motor's jt-i.
i.,
1
'49
5
... ...
Jun
,
70
Jan
.
y8 May
: > 4%
1
Gemmer • Mfg
U
Shares
High
—
Little 'Miami gt^d—!
■\
Sales
forWeek
Vow
—1
11
.292
29%
50
114
49%
57
.
May
37
24 y2 Mar
.
.,11
13%
*
Kroger
Allen Electric
Feb
15%
225
28%
.
50% >
-f \
'Preferred —•—50
■
Aug
Aug
27% July
^8
.10
.
132%
63 Va
*
I
-———
25%
■
125
28
Hobart class A
20
Deisel-Wemmer-Gilbert
•?.*
—a
•
7,
12%
12
formica
Gibson Art —;.
Par
28
Mar
12
30
15%
,i
A-.-
-w—i.-.—:*■.
Fagle-Plcher _•—.—:
—
10
Early •& :Daniel__—♦
Dow Drug
Kahn
18%
28%
15%.
*
—
May
Jan
10%
135
11%
.
28%;
i-—,
'*
Week's
Range.
ef Prices
Lastr
July
65
n
14
—-———*
:
^ 17
89
10%
Cincinnati Union Stocks ;Yards_——
Cohen
Friday
Sale Price
'
50
Crosley Corp. -^-—4
Crosley Motors
i
■.
STOCKS
Jan
Mar
15
100
50
i—-—
Telephone
Cincinnati
Feb
Feb.
•12%
Products—___*
Cincinnati Gas & Elec pfd
'
Telephone: Randolph B530
12'/2 July
,
47%
■—
Cincinnati Advertising
High
46 V\
36% Aug
11.
Aug
Machinery
20
--———150
Burger Brewing
—
°
Champion Paper & Fibre—..
"
American
V
;
Detroit Stock Exchange
Range SInee January 1
High
ton
Par
v,
Sales
Week's
Friday
New York Curb Asuoclats
:
Detroit Stock Exchange
1)
STOCKS
|||
"
■
May
6% May
Ford Building
■
22
42
31 Vt
43%
Jan
Apr
Radio Corp
1
55
13"
a46% a49%
(Un)_
Pennsylvania RR (Un)———Radio Corp nf Amer fUnl
Republic Steel (Un)—
Bros
'13
;
»
(Un)-.—
Richman
60
<■
——
—
RR
Jan
•
Mfg—
&
53
*
Paving
Acme
Tile
National
190
10
class B
Metropolitan
National
78
58 V2
*
Lime & Trans
(AG)
May,
57
>
Sessions
&
Jun
71
f"
Jaeger Machine —*
Jones & Laugnlln
•
Lamson
39'
30%
56
13
Steamship
Feb
"
50
Jan
35
•
16% Aug
400
29%
25 y4
Aug
30y2 Aug
7% Aug
•
900
29%
29%
800
-
17
16%
33 Va
*
Li.
v44
•748% Aug
500
lBVz
20 V*
com____l
new
Fen
1,000
Interlake
Apr
32% May
35"
■-—•
&
Jan
73
—*
industrial Rayon (Un)
Jan
22%
35
__-i__-j.-_50
——
'
77
58%
73
5
—
Harbauer Co
■'High
Low
154
703
27
/■>
'
_*
A
25%
-26
Range Since January 1
High
'
—,-.,,.2%
Co.—
Jun
w<a
v
•
Corp
77'13%
13-4 •'Jait
38 % Teb
10
Car
Motor
8% Aug
200
r
vu
€%
1
0
•
common..
North American Co
Packard
1,200
9 7^-77
14% '&
13%
•
'■ V
v'■:•'
Nasn-Kelvlnator
York
45
8%
?
Shares
a63y8 a68%
_100
Preferred
KeJJey Island
18%
7,
42%
~8%
1
—•
4
common
Jan
•
700
*
7%
6%'
co.
Corp
106
100
'•
'
6%
-
300
10%
1
Motors.
Jan
Jan
400
21%
Famsworth Television & Radio—
Iron
Feb
110
400
21%
13%
•
1
Graham-Paige
Aug
51%
Jan
94 V*
••<
10%
1
Interlake
"Feb
42
Apr
104
Apr
-•23
41% Aug
400
....
Continental Motors
—
>1,300
v
7%
+
Curtiss-Wright
Electric
*
♦
100
Jan
13% May
L
_
4% Aug: .7
16% Aug
***"
-i.
—
1
Electric*
Columbia Gas &
40%
10
50
100
•
Copper Mining
New
9'/2 Aug
..;
800
5%
Corp
Anaconda
Martin
Jan
;17%
Goodyear Tire & RUbber common.
Gray Drug Stores
Great'Lakes Towing common
|: Preferred
4%
for Week
Loto
Par
:
Halle
10
4%
Radiator &
American
General
Jan
19
14% Aug
12% Aug
50
Jan
,
39 Va
;29y8 Aug
'7
70
*
42
Jan
Stocks—
Cnlistcd
Atch
9%
6
capita J
39%
300
r.""
y,f
High
LOW
Westlnghouse Elec & Mfg com_^__12ya
Sales
Range
Sale Priee y
1
Range Sine* January
Shares
41% .41%
,
Week's
Last
High
Low
;rhvj■;>|f|; Par'
Walgreen. Co
*
of Prices
Friday
for Week
,
et Prices.
Sale Price
STOCKS
Sales
Week's
r
Last
'5% AUg
6% July
5% Aug .".
26% July
21
6
Mar
>8
Jan
11% Mar
1,420
Aug
-17
Jun
62%
Jan
70
1,010
'56y8"Aug
3% Aug
6%'May
1,100
2% Aug
6% July
J
Jun
—
44% May
32
Jan
104% July
77
34%
May
Los
Feb
60
May
71
Angeles Stock Exchange
Feb
'Friday
'23% Jan
'42
Week's
Last
Range
Sale Priee
of Prices
*7
Jun
Sales
"for Week
RangeSineeJanuary 1
Shares
—
Par
Co (Un)-—■
General Electric (Un)
General Motors
^
'Gabriel
•
—
!—•-
"Rubber, common
Glidden'Co com (Un)-_
Goodrich (B F) feommon—
General Tire &
For
footnotes see page
'1241.
X-l "
• „•
10
%-►
,
•
—
l_
X5
—
—
•
,
■
w-
al3% al4%
220
a42
a453/«
361
a61- ■ a64% - - --201 •a44% a44%
v - -50
a47% a49y« >.<,t-'*80.
75 > 75
10
-10%
Jan
,
41%
Aug
60 y8 Aug
-37% "Feb
36%
68
Jan
-Feb
Low
15% May
52
Feb
80%
Jan
50c
60
Jun
56% Jun
88%
Apr
Banaini
Barker
Petroleum Co
Bros
Corp
•Barnhart-Morrow
—
common—i—
Consolidated
Berkey & Gay Furniture Co
1
*
lilt
1
alO
•
'
•
33
1.05
3%
•33
1.00
3%
alO
1,230
33
-155
3%
-6,500
100
Jun
17%
-3% May
6%
11%
50
4%
-1.20
High
Loto
High
j
33
■60c
Aug
^May
3% Aug
41
Jan
Jan
Jun
1.75 Aug
6
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
1236
Monday, September 2, 1946
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
AUGUST
30
Last
STOCKS—
of Prices
1
-1
purtiss-Wrlght Corp
AND
FAIRMAN & CO.
Member Los
BROKERAGE
Class
FACILITIES
Listed
Electric
Unlisted Issues
—
Bond
Electric
Angeles Stock Bxchango
Power
■
Direct Private Wires
^
■
to
(B
*
Co
Motors
West 7th Street
LOS ANGELES 14
—
8%
.*
a52%
..."
■
Diamond
Blue
Corp
California
Packing
Corp
Investment
Central
Colorado Fuel
*
Iron common
&
Inc
Industries
21%
33
May
20% Aug
109% Aug
14% Aug
25
North
American
North
Ohio
Aug
31%
49%
Aug
60
Apr
al2
120
11%
Jan
15%
Apr
31%
280
31% Aug
407/a
Apr
35
47
51
20
Motor
Car
Aug
Pullman
Jan
Pure
33%
38%
Incorporated
Oil
a57%
Co
Jan
45 y4
Feb
Radio
22%
Feb
»JL
Apt,
Republio Steel Corp
Socony-Vacuum Oil Co
Corp
24%
of America
clasp
Stores
v,. 90
' May
98%
Apr
80
24
Mar
33 V4
Jan
Southern
14
Jun
20%
Feb
Standard
Railway Co
Brands, Inc
a50% a52%
780
12%
200
12 y2
Aug
16
Apr
Standard
Oil
Co
(nnd)
a42% a45% ?•
2.00
5,750
2.70
Jun
Co
(N J)
1.85
60c
355
10
286
1
13%
10%
14%
2
10
15
15
61%
61%
1,203
30
31
410
64%
68%
261
112
1.70
7.000
Oil
Stone
Webster
19%
Jan
Studebaker
15%
Jun
Swift
May
61%
83
Standard
Jan
Aug
Jan
355
355
385
Apr
&
.—IB
16%
i6%
.
Garrett
Corporation
General
Motors
(The)—
Corp
common
Co_—
*
Goodyear Tire & Rubber Co com—.■—*
Gladding,
McBean
Hancock Oil
Co
&
A
*
common
Inc
Foods
1.50
,
8
20 y2
Jan
Aug
79%
Feb
Texas
Co
38%
Jun
Texas
Gulf
Feb
76
Apr
Tide Water Assoc Oil
Mar
100
65%
Feb
177/a
Aug
23
Jan
27%
Aug
38
July
a36% a37%
196
37% Aug
41
July
1.95
1.35 Mar
95
25
July
145
27
Jan
7%
115
10c
Wells
Lane
Jun
Ud'ou
Mar
33
50
Union
Carbide &
Pacific
Menasco
5,150
32%
470
Co
Merchants
Petroleum
Air
United
Aircraft
Oceanic
Petroleum
Oil
Pacific
6%
*
Eiec
&
1st preferred
Jan
37c
Feb
.•
19% Aug
19 y2
37c
Apr
11% Aug
60c
60c
300
45c
1.45
1.60
.10,975
*
14%
44%
a45 % a45%
•
a6274 a63y8
9
9%
63
1
85c
16%
16%
2%
8
.
68
100
.,
321
Jan
Feb
2% Aug
7% Aug
*
Security Company
1.20 May
20 y4 May
4% May
10
Feb
a29
110
25%
Feb
41%
43%
986
36 y8
Jan
49 %
Apr
58
47
53%
Jan
65
Feb
31 %
Jan
39% Apr
■#i'f 5Ti
a36
100
25c
10c
14c
30,000
8c
Jun
Signal Petroleum Co Calif
1
1.15
1.40
18,650
19c
Mar
Sinclair
•
17%
18%
670
Oil Corp
Shell Union
Com
Aircraft
Solar
So
Calif
6%
Gas
Pacific
southern
Oil
Sunray Oil
Co
pfd A
American
17% Aug
Tel
Autocar
Company
16c
Jun
1.80 July
20%
Jan
21
Feb
26% July
33%
Feb
39% July
Budd
Securities
Pub
Curtis
Electric
Co
Genera!
Corp pfd—__
-50
Oil
Union
Brothers
Gimbel
30%
30%
1,004
29% Mar
31%
Jan
National Pr
41%
41%
40% Mar
42%
Jun
56
792
55
Jun
2,305
42%
Aug
Feb
69%
57%
9%
10%
2,218
7%
Feb
14
59% Aug
May
Van
de Kamp's
Weber
Shwcse
Western Air
25% July
16%
21% May
Feb
89
24%
24'/2
25%
2,698
23%
Feb
23 y4
24
1,100
21
Jan
27 %
Cement
16%
124
14 y4
32%
32%
100
30
20
20
304
100
35% Mar
20
62%c 62%c
Jun
Apr
17% Feb
Mar
16%
*
pfd
27%
14
28 %
High
42% May
Jan
200%
Jun
Aug
37%
Jan
38%
Feb
181% Aug
26%
320
^0
16%
590
15% Aug
355
103% Aug
110
15%
110
1*5%
121
May
26 %
Jun
13%
Light
24%
—
Penna
Salt
$1
575
1,892
-
40%
26%
Feb
Jan
Apr
70
Jan
17
1% Aug
May
17%
12% Aug
9% Aug
Jan
1% Aug
common
7%
4,307
22%
24%
36%
3,362
3,160
; 21%
33%
50
preferred
7%
•
Manufacturing
preference
4.4%
Jan
245
1%
Jun
80%
1,089
10%
55%
60
13%
26%
47% Aug
60 % Aug
446
50
—
Pennsylvania RR
Penna
%
54%
1%
1
65
9%
ex-distribution.
£,13% Aug
22% July
1,482
12%
& Light
Power
24%
48%
52%
common
Lt
&
852
15%
47%
140% Jan"
44%
44%
110
40%
Feb
29%
4,932
27%
Feb
27%
Feb
33% May
117% July
27% Aug
121 % May
•
•
100
3
v
28
0,31%
119
3'
31%
119
50'
27%
30%
983
21%
Corp
7% Aug
24%
9%
Jan
261
Jun
27%
33% Aug
47%
Feb
49 Vs
July
Jan
30% May
46%
Jan
33%
Feb
28% May
23 %
*
Pfd—;
Jan
60% May
26% Aug
83% Jan
Lehigh Coal & Navigation
Philco
1
1st
Lines Inc
Portland
Yosemite
18% Mar
?
10
Bakers Inc
Fix
70
3.948
25
.—I
(H D)
&
*
17%
a44% a48%
5
California
of
19% a2iya
16%
17
•'
103% 111%
Pennroad Corp
150
55
55%
a
Universal Cons Oil Co
26%
Lehigh Valley RR
Corporation.
Western Air Inc
Transcon &
27%
60 Va
Feb
10
Feb
LOW
1,706
Motors
32%
'
53
Range Since Jannary 1
V'' 495
Storage Battery
30% Mar
J
26%
High
37%
34%
common
Power &
Delaware
20
:
July
Sales
181% 191%
26%
26%
34%
—
281
Inc
Transamerxca
Low
*
1,514
-i.
Feb
Jan
18
'
••'.
37
55
51%
39%
Shares
—13
Co
V'V*''J
Chrysler Corp
V
19%
55%
22% Aug
Aug
34
for Week
183%
t c_
Philadelphia Electric Co common
Textron
Week's
—5c
—.—.—
31%
V
22% Aug
July
29 %
;,,^:i525'
M>t50
W4Q0
Range
-100
Baldwin Locomotive Works ▼
31%
a
.
of Prices
—•
Tel—
St
35%
1
Corp
Friday
Stores
American
al9%
25
•
•
Company
of Calif
a50
29%'
al5% a 15%^
a50 a50%^
*
i.i ,4.7a
•Lor7?'.-
a3l^
29%
Par
-1
preferred class B
5%% preferred class C
10
'22%*•
Last
25
com
6%
—
a307/a
Sale Frlee
25
25
Company
Southern Calif Edison Co Ltd
Standard
a33%
—15
Sierra Trading Corp
Oil
34% May
a27%
i-U:57i
30
W)
Aug
11% May
41 y4
Co—
&
i
1
stocks
Bankers
Roebuck
29%
July
a28%
Inc.
Stores,
Bafeway
Sears
12%
65
Feb
;l4y4
2%
7%
—-
—;——-1*
,
8%
52 %c Mar
879
v
—
Jan
Philadelphia Stock Exchange
Jun
45% July;
100
85c
•
a87%|
22%
—
•
A
(F
Jun
45%
59
207
2,200
,■
18
Jan
Feb
62% May
100
...
Feb
41
12
:
20
80% Feb
2.70 Feb
42%
;; 773
.
63
1
Warrants
Ryan Aeronautical Co
Mar
1,25 Apr
587
15
42%
25
10
common
Company
£
.23
common
new-
Co
76% May
96% Feb
7%
Jan
255
.VJ..g
Woolworth
Tel
66
■Jr. ^00
Jan
# 36% Jan
Apr
75c
Union
51 %
Aug
Jan
Jun
4%
Jan
15%
Pictures
amer Bros.
28
200
67%*
67%
a82%
119% Apr
160 V* Apr
Apr
37 V< July
J-.132 ,;
■
4%..- 4%
—
160%
Aug
17c
174
;>
a27
100% Feb
34
?221
Jun
Aug
Apr
13,500
—
Corp
97 %c July
10%
20c
"-?y- .'V,',.
'•
•
.
££. 7% Aug
25
11%
Indemnity Co
Pacific Lighting Corp common
Republic Petroleum Co common
Rice Ranch Oil Company—
Oil
8%
Westinghouse Elec & Mfg Co
Wiilys-Overland Motors Inc-
19%
Pacific
Richfield
Apr
19c
Products
Clay
Gas
97%c July
1.75
Aug
.
Aug
60%
24
Lav
Western
4
a83%
a26%
—
Jan
Jun
11%
Corp
Co
1
Pacific
19 y2
1
•
Company
Corp
Jan
1
1
—
Ltd
Steel
S
2.30
4,000
a7%
Rubber
S
a26%
67
Mar
50% Mar
19 Vs Feb
115
•
a37% a407/a
—
5
•
10
Corporation
Corporation (Del.)
42%
——1
Corporation,
Northrop Aircraft Inc
Occidental
;ia7%
20%
Feb
Feb
Jun
—
10
53
130
270
■
21%
al01%al05%
al417/aal50Vs
—
—100
236
a52% a53%
21%
•
Co
Inc
Feb
1.15
2,275
4
'343
18 8
a62% a65%
a52 %
*
Carbon Corp
Lines
27% July
100
1.20
1
1
Company
Corp—
National City Lines Inc__
Pictures
Monogram
1.20
4%
60c 72 %c
1
1
Company-—
Manufacturing
Noraon
2.15
29%
.165
74% V
17%
10
Railroad
United
42c
Feb
17%
455
1.90
1
Aircraft Corp
Oil
Mascot
19
10c
Co
20c
Sulphur Company
May
1.55
1.05 Jan
2,400
——25
——
107/s Jun
7% Aug
1,900
35c
18%
Co
Petroleum
Lockheed
1.15
26c
1
Oil Co
Lincoln
1.05
lOo
Petroleum Corp
Intercoast
;
Jun
& fit
United
Jade
July
52% May
Feb
38
661
■
Jun
10%
a35% a39 %
7%
:
18% Jun
H 57
57
July
47% Jan
445
74%
27%
a36%
f
28%
:
Company
>
10
Jan
July
49% May;
76% May (
Inc
6iy2
a21% a22%
1
&
18%
40
115% Mar
<135
-
28% May
Aug
Jan
31
'^865
:
Feb
46 % May,
Feb
12
345
17;
a41% a44% £'•
Corp
27 y2 Mar
425
'
1
*
.
common
Car Corporation——
Hupp Motor
cv
1,910
6%
Holly Development Co
Motor Car Company
Hudson
Hunt
.83
,
10%
20%
1,578
;
330
Feb
47
265
770
12%
.33%
12%
36% July
July
33% Aug
37% Feb
375
'
15
91
10%
A
\
25 V8
12
33%
12%
.
Fltzsimmons
38%
a57 % a 60%
29% July
35
470
Jan
36% May
<"•
7% Aug
1.820
:-.vv 30
:
33%
Jan
16%
30% Aug
•',19% Feb
a34% a34%
Feb
35%
12% July
452
245
Phelps Dodge Corp
Apr
200
31
Co
34%
.\
Radio
&
Feb
99% May
Aug
.;• a26
a24% a24%
Merchants Nat'l Bank—100
Television
al3
20
30%
Paramount Pictures new common-
23%
1,140
a24%
a24%
Pennsylvania Railroad Co
136%
Jan
71% July
475
22%
al2%
31
278
12%
May
21%
a75% a77%
al3
Co
Company—*
1,375
v
42
640
20
Aviation Inc
American
Oil
a77
RR
1,165
5
1
&
Jan
Central
York
42
Emsco Derrick & Equipment Co—
Farnsworth
Aug
100
Jun
45
New
14%
91 A?
60% May
Apr
33
31%
al2
Montgomery Ward & Co, Inc
39
14%
59%
<
450
Feb
a22
31%
24% 25%
a24%
77% May
15"% Jan
49%'
49%
McKesson & Robbins Inc
14%
'
39
*
Oil Co, Ltd class A
;:£ 40
27% Aug
730
4
Exeter
Feb
Jan
•
425
20%
77% May
8% Aug
May
51%
all%
—
49%
-
Inc
Packard
al037/8alll%
Electrical Products Corp
Farmers
31%
■
28%
25%"
50c
.
■
Jun
70% May
41
20
%•"
175
—
1
Douglas Aircraft Company Inc
48 :i Jan
Apr
7%
5% Mar
2,034
.
147
:
*
Creameries of America,
•
15,330
"
High
8%
Feb
1.500
8%
r
28 74
alC6
5
Lou
a36% a39%
2874
1
Corp
consolidated Steel Corp
Dresser
y~"l l? ;J
—
100
Chrysler Corp
•
—
•
common
Com
Products
Certain-teed
<
6%
•" 59
a31% a31%
6 Ms
5 Ms
56%. v^.56
.
.»
.53% May
33
a21%
29
Aug
44% Aug
Feb
i65::.-£
60
Apr
a45% a45%
Copper Corp
Llbby, McNeill & Libby
Range Since January 1
High
8%
8%
3
1
Corp
Oil
Chlca
Bolsa
'Broadway Dept Stores Inc common—*
Byron Jackson Co
*
20%
^
Feb
26
50%
79
8%
33
Tel, Corp
Kennecott
Loews
Shares
ef Prices
^Low
Par
,
&
170
:
Feb
33%
Feb
1,169
150 •'
•
a52% a56%
of Canada-
19%
66.
45 %
High
il 12%
Jun
for Week
Range
Last
Sale Price
Tel
19%
20%
8%
20 Va
165
■::>
;
a75 a78%
Corp.
Nickel Co
Low
a49% a50%
:c
-1
International
TRinity 4121
Sales
Week's
Frlday
STOCKS
—
a50 %
Co preferred
Great Northern Ry
a
44%
-*
International
2IO
al9%
20%
Corp
F)
Graham-Paige
SCHWABACHER & CO., SAN FRANCISCO
NEW YORK
ALLEN & CO.,
Co
Range sine* Jannaev l
6% Aug
'1,082
7
a20% a21%
—
Light Corp_£
&
Foods
Goodrich
■".
Share
&
Shares
High
6%
General Electric Co
General
.
6%
-1
A
Low
-
.
COMPLETE INVESTMENT
for Week
Range
Sals Prloa
10
Aug
62 %c Jun
33%
1.05
Jan
Reading
Salt
common.
21% Aug
7% Mar
Paper
—1
•
Oil
8%
8%
119
12 %
Jun
56%
8
52%
Jan
60
July
70%
72 %
115
64 Va
Feb
78%
65
Corp
common
56 %
*
Oil
Dome
Scott
Sun
Co
67
Jun
Feb
Tacony-Palmyra Bridge—
v.
Gold
Mines Company
Development Co
Imperial
Gold
Zenda
Class
Stocks-
Mining
Calumet
Mining
10c
Co
10c
1,000
21c
Mar
May
8c
Jan
10c
23.000
6c
12c
Aug
4c
2,000
25c
25c
May
24c
Jan'
Stan
San
Amer
Rad
Amer
Smelting & Refining Co
Corp
.
Armour &
Atlantic
(The)-
Oil
Aviation
Bendix
United
Corp
44%
1,215
12%
14
186 y4
Feb
40% Aug
560
130
27
Aug
12%
109
-
Jan
Jan
34%
Feb
50
-
22%
45 y2 Aug
98
Jan
Feb
a26y8 a26%
100
33
Jan
a49y8
a48%
a53
245
52
Aug
a46% a49%
140
52%
17%
510
17% Aug
Jan
30%
Apr
50%
Case
J
I
Pacific Railway Co
Co
Feb
Columbia
Gas
Par
33% Mar
52
Aug
54% May
Vultee
&
Feb
Gas
&
100
67y8 Aug
51% May
78 % May
200
26%
41
*
10%
332
10%
658
3*2
4,820
25 %
25%
'200
20
32%
32%
233
31%
Feb
Southern Corp
2%
Jan
Zellerbach
For footnotes
1
'
Corp
see
•
1
5
page
1241,
^
Jan
13%
Jan
332
AUg
s3a Aug
Mar
.
•
54%
23%
26%
10%
10%
11%
Star
Mountain
35% Apr
5% May
National
236:
290
^
■
'.r-''37'?«
Jan
;
High
60% May
22%
Jan
842
9%
Jan
14
1,700
32
Feb
31
•
r*-
Aug
Jan
32
AUg
28%
9%
—*
28%
50
9%
9%
335
7% Mar
9% Aug
•'
24% Mar
29
July
Fireprooflng
4%
4%
1,705
a24
120
23% Aug
32%
Jan
Ohio Oil & Gas.j—
13%
13%
560
Jan
50
13% Aug
30% Jan
23%
a32% a32%
40
Apr
Pittsburgh Brewing common—
Pittsburgh Plate Glass
—
Pitts Screw & Bolt Corp
170
22% Mar
34% May
18%
19%
190
15%
Jan
22
16%
16%
17%
1,752
10%
Jan
•
Corp
26%
18%
10
Supply
24%
10
Gas
Fuel
32
\
?
'•>**
'^'"',1 Range Sine# Jannary 1
High
50%
1
Harbison Walker Refractories—
Lone
31% May
Low
24
10
a22%
4%
1
a32%
10%
Shares
.'V';
c-':^
i •■••'-
Sales
for Week'
•
Electric
Fort Pitt Brewing
Jun
Week's
Range
*
Devonian Oil
67%
30%
32
47% Mar
32
67'/a
Feb
Aug
of Prices
ftigWts
25
Aircraft Corp—
Continental Motors Corp_
Crown
Feb
22%
Steel
Co
30%
.
Corp
Commonwealth Edison Co
Cons
45
29
*
Ludlumi
Allegheny
Blaw-Knox
*
Electric- Corp
&
Solvents
Commonwealth
70
30
Last
•
Co
RightS
Commercial
a42% a44%
25
Service
Jan
Sale Prloe
10
Caterpillar Tractor Co
Cities
17 y8
25
Friday
Apr
112%
stocks
Columbia
Canadian
23 Vs
Pittsburgh Stock Exchange
Jan
98
24%
56% July
30% Apr
Jun
V 38%
170
Jan
29
20
Coal
May
30% Mar
155
Jan
47%
23%
.13%
49%
Feb
180
45%
5% May
-7%
(Jan
4
69% Aug
4% Feb
49
Feb
a47%
5
Corp
51
14%
104 % a 109%
4%
,
18% May
119%
8% Aug
45%
a
Jan
Aug
1,080
5
Borden Company
198
a27% a27%
106%
Jan
Apr
a27% a29%
a
Jan
1
3%
Feb
9%
15
Boeing Airplane Company
23
68%
52
1%
4%
4%
common
preferred
Westmoreland
••
66 V4 Mar
1,198
8%
13
•
17
65
a42%' a42%
—
5
Corp
-
al02alll%
5
Bethlehem Steel Corp
Borg-Warner
V
al02
3
Co
a58
40%
5 41
5
Corporation
690
17%
189% 189%
50
Baldwin Locomotive Works vtc
Barnsdall
17 % ;•;> 17
&54V8
:
100
25
Co
Refining Co
Aviation
■
100
Copper Mining Co
Co (HI)
Atch T & S F Ry
•
——*
American Tel & Tel Co
Anaconda
common.
United Gas Improvement
Stocks—
Sc
Corp
1%
4%
Invest
Preferred
$3
Unlisted
participating
A
Transit
8%
8 Va
9 Va
1,138
1%
1%
100
——5
*
10
*
*
.
—
—
—
6% Jan
1
4%
Mar
July
17% Aug
13 Va
Jun
2% May
6%
Feb
5Va
5Va
290
37%
38 Va
248
37 Va Aug
48%
Jan
8%
9%
120
8% Aug
14%
Feb
Jan
Numb^4521
164
fTHE COMMERCIAL & FINANCIAL CHRONICLE
,
OTHER STOCK EXCHANGES
RANGE
Friday
STOCKS
Week's
WEEK
FOR
Range
for Week
of Prices
Shares
Par
Low
Low
Range
Plppjt
High
Par
r/:
for Week
of Prices
Sale Price
Range Since January 1
'•>
High
Shares
Renner Co
8an Toy Mining
Steel
25C
30
2%
FtsO
Coca-Cola
Jun
Falstaff
1
-1 ■'"■■■■'
Bottling common
12 %
Jan
20c
July
60c
Aug
24%
Feb
Jan
28'A May
28 % May
Griesedieck-West
2,800
80
Brewing
Shoe
General
common
17%
43
40
Mar
46
Jan
Huttig S
81%
34%
230
31 Va
Aug
41%
Jun
Hydraulic Pressed Brick com
28%
293/4
17%
17
'ft.
—*
Westinghouse Air Brake
—*
Westinghouse Electric Corp com—12%
30%
659
28% Aug
169
5%
345
5%
'950'
'ftft,.
Jan
;39% Jan
Shoe
St. Louis Listed and Unlisted Securities
Monarch
Knapo
Light
Laclede
ftftj
'
,
Members
,,
ft
■'
-
•
'<["
-
.
New
/ V
'ft\
ft ft 2nd
BOH Teletype BL tU
STOCKS
Friday
Week's
Last
Range
Bank
Inv
Bldg
Brown
Shoe
Burkart
common
Equipt
Shares
-••••■•/
39%
•
•:
■.
^
)
"
Mar
8
Jan
10
48
22
11
300
35
Mar
10
.
2lVe Aug
40
22
1
.
_
.
1
70
20
Feb
63
Aug
15'A
17
15
Mar
27
Jun
"
15V.
7
''ft ft
235
290
7%
6%
ft
24%
24%
23%
23%
24%
670
36%
36%
ft'ftft ft-ftft 25
36%
*
ft
30%
Jun
Feb
46%
Jan
35%
Jan
31% Aug
Canadian
ft 31%
—
,'ft
31%
16%
'
:'
8;
..
46
705
.
15
10
40
27
Jan
32
100
:
40
Last
|
44
41
41
Jun
Jan
297
41
Aug
,
Motors
North
American
45%
331
42% Aug
60%
common.
July
42%
common.
General
24
59% May
49 % May
65
534
30%
ft5- '.
60% Aug
30% Aug
87
48%
Jun
73% July
33% July
MARKETS
LISTED
FOR WEEK ENDING AUGUST 80
18%
177/8
19%
39
__
Aluminum
ft;-
Corp
Warrants
Asbestos
4%%
37
190
pfd__25
t
8%
8%
1.85
——
^
Corp
•
27
common
26
26
Jan
Janft
13
103
15
29
29
50
,37
21%
21% Apr
40
Apr
v
24
Jan
/ft 106% May
July
20 y*
20% Jan
125
105% 105%
__
Co of Canada
Argua
22%
19% July
19%
130
30
Jan
Jan
505
26% July
26% July
200
195
27%
8
July
1.85 Aug
3,460
9
40
Jan
250
21%
/
-ft
/->
\ft
'■'
ft ft'/
•
1.85
100
27%
-ft;;.//
'
' •'
,
557
26
26
-
Paper common
ft
1,290
Bay Mining & Smelting.
32
•'•/ft
♦
40%
41
Industrial
Acceptance Corp com
Bronze
14%
34 ftv
Preferred
725
j
39
»
com
39
14%
29
Power & Paper class
Bell
Telephone
Brazilian
A
•
22%
100
Light 6k Power-..—*
Trae
21%
202
200
22%
British
Columbia
Forest
British
Columbia
Power
fUacii
Products
' '*
ftfBruck 8ilk~KMls__—_—
ftft/// ft ft
/ft/;//' • v.:
■
v! -ftmf': ft -ftft:; ftftft'■ ft ft
Canada Cement
International
Jun
International Power
Jan
International
200
■p.
'
Labatt
3% July
ft: 29
.
40
.657
23%
Lake
Jan
16
100
16
Aug
435
14% Jan
of
the
Laura
22%
22%
Jan
ft ft
33%
36%
3,039
4,156
43% Mar
12
40
33% Aug ft'.
50%
120% Mar
16% July
Aft
1,530
55%
ft"*- 220
47
Feb
13
13%
ft,
13
12%
Aug
Jan
25
Jan
15
157 ft;
Jan
15
,18%
Jan
ft- ft
14
.
14
27%
__
28%
25
6%%
preferred
Canada
-—.100
Forgings
Canada
Northern
Canada
Steamship
59>
Power
Bronze
Canadian Car &
*
Corp
25%
Woods
•
27%
100
preferred
168
24
24
22
22
26
26
26
15%
16%
19%
20
ft
•
__
v.ft':
_
805
ft/'ftft
168
pp ip'-.K
.
L
_
;
168
(John A)
Candy
preferred
Brothers
Lewis
Jun
10%
—
•
18
51%
25
Foundry common
26%
29
49
51
35
•
15%
ft^«, "'
ft
16% May
28%
50
19%
Jan
Jan
24% May
ft,ft
ft; 23%
"
23%
preferred
—.25
Rights —'
^i
Canadian Converters class A pfd
20
14% July
20 %
20
Aug
77%
1,331
Jan
41%
420
78
Aug
44% May
24%
24%
500
23
Jan
17
75
16
Mar
32
July
Foreign Investment—.—*
35%
35
35%
300
Ind Alcohol
*
20
19
20%
745
* ■;
18%
28%
18%
19%
460
27
29%
59%
4(1
common
Canadian Locomotive
Canadian Oils
Consolidated
17%
18%
14%
15
5
90
89%
94%
48
48
50%
51
.*
;
'■*'«
■
Cork & Seal Co.——;—-* :
Crown
•
51
3,480
■
•
Aug
46
Feb
78
Jan
48
Jan
Preferred
»•
Distillers
class
Seagrams old
Dominion
Coal
Dominion
Dominion
Steel
Dominion
ft.
preferred
Glass
Coal
Stores
class
Ltd
common
VTC
Dominion Textile
common
Paper 4%%
...»
conv
pfd.100
Brothers
*
Dry den Paper
Ottawa
May
Ottawa
Paper
Eiecirolux
preferred
Players
20
1
38
610
37
Aug
13% Mar
July
45%
Placer
Jan
Powell
105
30
400
29
July
37%
Feb
Price
38
30
38
Aug
41%
Jun
5%
18
4,140
12 ya Mar
23
'
23
Jun
Aircraft
104
26%
26%
25
23%
Feb
ft 28%
26
■
•
26%
26
25
24%
Jun
26
May
265
90
Jan
120
May
80
165
Jan
131
102
Jun
104
106
235
ft:
,
184% 184%
■
__
105
105
105%
21%
Jan
23»/4
Aug
350
21% Aug
24ft
13
iy%
Apr
Corp
*
•
.
Lawrence
4%
St
A
^hawlnigan
May
Sherwin
27
35
Jan
—
■
•'
3,025
28
29
85
>15/
28
Mar
5%
Power
»
common
preferred
5 V2 %
General
For
100
preferred
110
100
Bakeries
footnotes
18
•
see
page
1241.
17%
110
18%
110
110% 110%
5
4%
5
225
./ft
ft 14%
Aug
8% Feb
83 • May
20
Apr
Jan
34% Feb
305
375 ft
30
Jan
79
70
Jan
81
15%
200
15% Aug
23
33
34%
525
au
Jan
36
112
12
13% ftftft; 1,075 ,;ftft 12
Aug
1,725
54% Mar
72 <f"101% July
16'A
43Jr/^ 15% Jan
57
60
102% 102%
59%
__
15%
■
•
■■■;;
*
100
21
21
21
27
27
ftft.ft 15
15
27
27
15
15
i*
22% Julv
34
-Feb
20
-,:■
,
.
50
50
110
-m
110
ft
2
7-PfijZ
'
104
104 ft 104
104
—
325
325
;■ '
15
15
Paper
Rioks'
BrewerieR
35
pfd—100
107
6%
Can
com
new
common
Simpsons Ltd preferred—
Press
31
32%
*
A
107
22 Va
22%
34
*
Co—ft
May
Southern
Canada
Jen
111
F«h
SfonHord
Chemicals
Jan
111
Feb
*
100
Power
common
■
■
17%- Jan
19% Jan
15
Aug
102
July
*
5 Vo
109
preferred
401
26
Apr
Feb
.
Apr
ftftft 17% Jan
73% Apr
102% July
19'/a Apr
22
27
■■
Mar
- Jun
20 /a Apr
104
July
439
110
2,041
'
23
W'
July
39
Jun
41
Mar
83
Feb
113
Jun
21%
29
20
160
Jan
Jan
Mar
105
July
16
Jan
108
25
175
18 Va
Jan
150
14
Aug
14%
16
10%
107/a
15c
30c
:
102
102
Jun
May
12
102%
1,040
20%
20c
26 Va Mar
38% May
185
10
ft/ft'
10%
9% Mar
Feb
Apr
130
34%:'
15
7
30
34'"
20%
*
—
1,945
•:; •"•'
180
105
105
ft!
32%
/ 35.
14
14
*
Rights
7%
180
100
■">5Va
Apr
Mills
of
'7%
•
common—*
MMls
Water to Power
Williams
110
7'A
common
50
Flour
10
4% Aug
Jun
Jan
Mar
32%
21
21
v; ,/•
preferred-.-.
15
250
Jan
'ft"'
Preferred
Sou in am
Gatlneau
10
90
Jan
16
,
15%
..
preferred
22'% Aug
20
• :t*
common
Corporation
Lawrence
22
18%
19%
Ltd
100
Rolland, Paper
Et
16% Mar
/ Mar
Co
Paper common
22
55
jun
52% July
30y« Apr
72
Jan
35
Apr
ft- 182
Jun
31%
78%
;.ftv
Knitting common^-.-,
830
30
62
Feb
Jan
Aug
—J
—
1-
Transport
225
Aug
76
18%
May
-
6
50:
5
250
18
,
18%
56
34
24
54
30%
175
251
7
67/a
76
__
—•
preferred
Rolland
Jun
475
22%
941
32%
'ft /
182
Jan
184% Aug
107
22%
22
55'A
32%
182
Feb
May
52% May
Jan
Feb
44% Jan
1,320
54
32%
182
ft., 22
47
44
40
26%
Jun
July
-
25%
30
1,185
51%
49%
42
Apr
Jun
28% Mar
65
50
Jun
18% Aug
ft
100
25%
July
18%
5
49%
;
:
of Canada
Bros &
Regent
Jun
15%
19% ft 20 ft.,'
19%
28% ft
54%
ft
Co_
River
St Lawrence
'ft: 22 'if
38
28%
15,ft'
34%
Tubes
Quebec Power
Feb
21%
Pep
35
33
ft " 37%
28% May
32 Va
15
__
2,330
50
25%
*
common..
Provincial
May
27
1,600
20]/a
51
•
Development Ltd.
Power Corp
18%
29%
Foundation Co of Canada
Penmans
33% Jun
.30
26
A
Canad
Jun
>--ftft:-.
Corporation
Electric class
Famous
.
23%
2,275
18%
85
July
21
Apr
26'A May
52'/a Aug
26"
•
•
-ft
English
26%
j._u_./_.__100 ft
ntDonnaconna
Eddy
26
ft
5,620
16%
100
aul Preferred
ai'Donohue
17%
•
....
Preferred
28
.
Aug
Feb
40
560
41'ftft ft':'
!
..
•
100
—
350
20 '
38
Electric Rwys..—
*
Light Heat .& Power com__100
Jun
50,
29
»
;
Dominion Tar & Chemical
Jan
18
25
29%
.
Jan
16% Aug
20% Jun
12'A July
29%
:
110
'
19%
/ft'--
•
Car
38
30
B
705
37
;•/>',;-'TVrftv: •/.;/:
preferred..^—...lOO
&
24%
37
2?
31%
-•
Steel
&
31%
25%
•
Foundries
.Dominion
kPP''-
L_*
common
Bridge
.Dominion
•
A
100
Ottawa
Apr
102%
Jan
41%
Corp
Ogllvie Flour Mills common
Jan
37
50
4
Noranda Mines Ltd
May
17%
24%
Car
27
100
27%
37
13
19'/a
25
Steel
Page-Hersey
Davis Leather Co Ltd
__
Jan
"
«
_
Preferred
National
27
—40
_
Jan
16'A
19%
»•
•
114%
24
37
27
5
National Breweries common——..*
J an
26% May
25 Va May
19
Jan
2.180
17%
41
Works
common
Feb
Aug
14% July
■
__
Tramways-
Murphy Paint Co
Feb
17
ft
310
53
Feb
935
17
14
Telegraph
Montreal
Jun
15% Jan
225
-
■
Locomotive
Montreal
27
3,880
14%
Montreal
24% Aug
20
-;ft
17
•
__
13%
550
17
•
'iftftft.
Montreal Light Heat & Power Cons
16%
'
1,930
17
17%
•
Mining & Smelting
Glass
/♦Consumers
ft
17
25
Pacific Railway
Cockshutt Plow
Canadian
July
■:;pr
common
Preferred
22% May
17.
.
910
850
Canadian
B
Jan
15%
Canadian
Class
Cottons
"
Breweries
Montreal
70
24%
.100
23-
i-.-—/.ft..
Molson's
Apr
41%
72
•
common
7%
Mitchell (Robert)
29% Aug
20%
'
pfd
—•
53%
Jan
10
Feb
26
15% Aug
150
Apr
Aug
168
25
1,415
80
________
Steel
McColl-Frontenac Oil
20% Mar
15
ft
»
common
Structural
Massey-Harris
Jun
53
(C W)
MacKinnon
14% May
Jan
20
:
•
Lindsay
47
.
■
Jan
May
18% May
Feb
July
22%
17% Aug
47% Jan ft
10,484
49
23
9% Mar
♦
60
27
*
29%
16% Jan
135
•
common
common
Celanese
10%
51%
17%
Feb
100
Jun
155
Jan
26
75
22%
17%
'V;:'
•
•
50
131
33
27%
22%
Class A—.......20Canadian
150
27
common
Breweries
Canadian
150
common
preferred
Canadian
150
class A___.
Aor
60
/.
■
Canada Iron Foundries
Apr-
27%
17%
48
-
Feb
59
140
16%
480
May
47
,
50
■
8% May
38% Aug
29% Aug
46%
'
•
Ltd com—.
Secord
Legare
22%
Jan
33
50
ft
.
July /ft/ft
30
17%
440
Feb
Apr
May
ft 17% Janft
ft : 15% Feb
Jan "
13%
•■;
_
_.—ci—
(John)
Lang & Sons Ltd
p -ft
common...—
ft
445
:
-
ft
Jan
■■;i9% May
35
Public Service
Jamaica
3% July
27
50
7%
16%
.__
■
Corp
•13% July
13% Jan
ft
124% 124%
*
Ltd
Co
common
Utilities
50
34%
100
.
Petroleum
Jan
20%
3,440
25
Building.Products class
Buloio Gold Dredging.—-..—.....5
prefprrfid
: conv
22
3,979
325
30%
3%
'
5%
Feb
181%
308
23%
23%
"3%
—*
•
Corp A
D ■--•••
205
22%
23%
.British American Bank "Note Co——*
19
1,440
22%
37%, Jan
220
Jun
12Va
38
:',
"
Bathurst
-"■<18%
Mar
30 Va Mar
3,037
:
Mar
13
Mar
-
8'A July
48
Il5
common
28%
'
—
Aug
t> -/a
1,700
8% ft: 8%:
33%
34%
—
—
Paper
ft;
•
May
56
555 ft
13% ;fti4 "ft;
common
International Nickel of Canada
International
42%
109
390
.
Feb
Aug
14
ft ft-ft
400
14%
£1
International
33
20%
.
53% July
60
05
ft
July
.
105
25
17
17
10
ft
00
8%
•
-
Preferred
Jan
35
Aug
11
16
16
•
•
Feb
May
27% Aug
12
Feb
3 Vs Feb
.
56
11
•
Imperial Oil Ltd..—.L.L-—..
Imperial Tobacco of Canada common_5
Mav
26
227
106
ft Hiah
Lots
/
ft
200
17%
56
__
»
Range Since January 1
ft/ftftftftft-ft-ftf/:
High
106
50 '••ft'Vr'ft-
Bridge
Howard Smith
Hudson
17%
1.100
_
Hamilton
Shares
Low
nv2
/;
for Week
■
Par.
-
common
Gypsum. Lime & Alabastine
-
35
35
50
22%
•
^ ft
-
Rang*
of Prices
Lftftftr'
_.
Gurd
22% Jun
10- July
LG-
1,056
39
ft
Sales
Week'a
Friday
.if;
•'/
_
Goodyear Tire pfd inc 1927
(Charles) common.
High
Mar
14
14
11.861
38
ft /•" \ft,', ,-ft'
-
Preferred
Bance Sine# January 1
Low
22
'
•
General Steel Wares
High
19%
/ ft;
Sale Prici
Shares
20%
20
Atlantic Sugar A com
and
Low
*
——20 ;
-
'•.
for Week
Range
Par
& Paper com
\
Sales
of Prices
5$
preferred
.—10Q
Agnew-Surpass Shoe common———*
Algoma Steel common..
——*
Aluminium Ltd
a..';
1
Aug
31
Jan
32
1,192
30%
Electric
45
•
Week's
Sale Price
Acadia
ft-
Jun
Apr
? 18%
145
.
54
Jan
16% Aug
Aug
65
/ft-t 145 ftft
80 %
Unlisted—
k:
Fnnda
Friday
,
xtr
Jun
150
133
.
STOCKS
.ft $1.50 preferred
$2.50 preferred
.
July
,
STOCKS
Wi
ft
Jun
25
July
23% Aug
5
145
145
j
35%
25% Mar
24
Jan
Mar
28
Aug
'
mi
.
'
50
24 %
*
9%
Jan
23
l
77
30%
,29
6%
40
25
24%
cdmmon
General
Montreal Stock Exchange
Abftibi Power
:
Louis
'{>•'
va,
f
60
-/.ft//
.it jiftJ
,,
Jun
60
common
Aug
Jun
RANGE
A
40
Louis Pub Serv A common
15% July
CANADIAN
'
Feb
High
400
10
•
Jan
9'A July
Jan
Wagner Electric common———16
Low
13
10
50
5
Range Sine* January 1
High
13
3
—15'
common
Mfg com new
Low
.1
__
common
Jan
25
—10 ft
ft 15 %
—*m% \ 15 Vs
80
Scruggs-V-B Inc common..
5 ■■■__■
40
Securities Inv common
*
ft—'-/;.ft
25%
Sterling Alum common
1
25%
51
Stix, £aer & Fuller common—— 10
51%
for Week
of Prices
WPUPPMP f Pi PppipiifVi
Jan
52 %
42% Aug
*
Sales
Sale Price
American
441
4"
8%
8%
lCK^j>' 29
common
St
Exchange
Jun
8
Aug
Aug
25
4
20
St
St. Louis Stock
31%
4%
41
40
preferred ^.—.—^—^^.-100
Car
22% Mar
34
5
com
common
Goods
•
Jun
Feb
Mar
*
Prod
common
Dry
41%
68
50
43%
42%
./-ft—
Mo Portland Cement com——__25.
Rice-Stix
35% Aug
125
"If
,
t
50
4%
Phone
CEntral 7600
Chicago Board of Trade
ft.ft'ft'
42
41
43 Ve
•
Curb Exchange Associate
York
26% Aug
34
•Midwest Piping & Supply com
St. Louis Stock Exchange
Chicago Stock Exch.
Steel
Mc-Quay-Norris
Established 1871
4th St., St. Lou!« 2, Micsourl
New York Stock Exchange
Gas
Laclede
Edward D. Jones & Co.
.«'
Apr
*
common
Clay
1
60
31
4%
—1
common
Shoe com
Laclede-Chrlsty
30
30
*
common
58
—
Feb
Feb
35%
21%
ft
Aug
485
36%
57
..—100
Johnson-S-S
300 Nortli
ft' 100
■
"
30
165
35%
ft
.
5
100
& D common
Johansen. Shoe
i
26%
High
10%
8% Aug
245
'
'
35%
common—*.
Brew
Preferred
International
u
26
v
—
...—1
common
17%
Vanadium Alloys Steel.
31
Jan
15
30
,
Low
210
9
8%
:
8%
10
Century. Electric Co
Apr
13%
1% May
410
30c
70
Aug
42%
1
vtc
''
■
'ft. ftl7'ft.'v;
15
'-
63
300
13 ft'
.
20c
1
United States Glass common
Common
ftftftft
1%
—
Springs.
65
13
______—_*;
1
1
Reymer & Bros
Standard
63
——
Range Since January 1
High
Low
*
Pittsburgh Steel Foundry pfd.——100
Sale,
Week's
if ■'!STOCK Sw/jii-i ft-Friday
P'^PpC^^ '-/ft/ft:/.ft,;/
Lasi
Sales
Last
Sale Price
ENDING AUGUST 30
1,660
:
"
12,264
10
10% Mar
7c
100 %
Aug
Jan
Jun
Apr
16
Jan
16
Jan
55c
106
Aug
Jun
COMMERCIAL & FINANCIAL CHRONICLE
THE
LISTED MARKETS
CANADIAN
WEEK ENDING AUGUST 30
RANGE I'OR
STOCKS
Week's
Friday
Last
Monday, September 2, 1946
;
Sales
for Week
Range
STOCKS
Friday
"
Sale Price
Par
Steel Co of Canada
7% preferred
Tooke Brothers
79
Jan
92%
215
84
Jan
42
20 %
•
Wilsils Ltd
—
—
•
.
24%
13 Va
I
Grain Co
25
14%:
'^
99
42
41 .,/
42%
Aug
28
28
Arno
Yellowknife
'
95
Jan
104
10
t
Commerce
-*•»
10
Montreal
10
Nova Scotia
——-
Royal
Jan
45
May
30
Jan
16%
Jan
22%
Beatrice
Red
Mines
23
615
19%
Jan
930
21%
Jan
27%
38%
260
33%
Jan
39%
Apr
23%
24%
1.035
20
Jan
25% July
24
July
Gold
—
*50
50
-
1.70
Last
class
A.
Shares
12%
12 ft
Mines
Gold
5
156
6
Jan
37c
55c
55C
500
25 %c
27c
11.500
12c
15c
10,100
10c
8c
8c
500
6c
1
;
Ltd
27c
■
I
Ltd
Mines
15c
1
Ltd—.
—
;/
1
Ltd
25c
1
35c
1
13c
Mines
—
Yellowknife
Mines
Ltd
Mmes
i
3.95
3.65
1
50c
1
Mlnew
«
109
Jan
33
105
Aug
>25
Jan
May
Jan
Feb
22% Aug
300
Alcohols
Ltd
50
12
100
12%
Preferred
35
*
common
_*
206
1
•
m- 40
40
«•
Ltd-.——.
12
22%
—
,0
6%
—'
common
Foundation Ltd
Corp
(Can)
Ltd
A
common...,.
Inc__
class
A
common
Preferred
Paper Co.
Power
Corporation
Ltd
lQO
10
':-r:
21
2,1
75
21
*
Aug
36
36
14
28
Jan
37 J/4
28
29%
200
24
July
34%
63
65
70
*
5%
100
Jan
32 V2
75
Aug„
14
13%
21
4% Aug
/./• :s.
10%
25
12
'
15%
15%
43
15
3/4
OH
25
14%
8%
Power Corp of / Can 6% 1st
6% N-C part 2nd pfd
pfd
$1.50
preferred
Purity Flour Mills Co Ltd
Acadia-Atlantic
Preferred
6%
10
15
43
14%
16%
320
—
16%
20%
.34
110
13
25c
Jan
47
July
17 %
100
*
1241.
*
39c
1.15
1.15
200
2.85
3.00
13,100
—
•
2.95
75c
.u
75c
36c
348,100
78c
73C
80c
3,841
.
80c
I8J/2C
2.00
16c I8J/2C
60c
2.15
90c
90c
Z
16c
14C
17C
15'/2C
16C
Feb
3.66
Jan
1.45
„
Jan
10c- Aug
36c
Aug
1.49
Jan
July
13c
Aug
1.52 July
85c
July
113,300
16c
July
Aug
1.95
64c
3,500
1.95
3,000
90c
•
1.15 July
1.07 Jan
3,100
24»/2c
35c,
50c
8,600
500
42c
Jan
3.50 Feb
1.52
10 '/sC Aug
I5J/2C Aug
32c
28c
Feb
Mar
Jan
»
1.00
6%e
:
,
WeeklrZ
,104
11 J/2
25c
100
.
Jan
10
Jan
'.Apex
Jan
27 Ik Mar
Apr
70%
11%
.Aug
for Week
Shares
110
10
25c
850
Aug
Sugar
19
19
50
20%
22
1,500
110
no
,15
55
55
5
Jan
Feb
112
8
Feb
15
20
18
14%
May'.
25 J/2
.July
46
Jun
900
11
Jan
675
27
July
15
•
•
Apr
-43
May
2
15
124%
125
69
115
27c
27c
2,690
15
15
100
12% Mar
15
16
17
May
125
14
Jan
23
May
30
May
10
39
39%
250
22%
22%
22
105
105
Low
/
106:
14
37
37
37
37
1
1.63
1.55
1.85
23C
25C
32,800
*
20%
20%
60
100
99%
100
115
/ 189
201
150
27
27%
270
1.50
1.70
common
Lt41
189
"
100
l764
July
Jun
Apr
Apr
Jan
24
Jan
Jan
107
July
Jan
42
May
28
.50
1.35 July
19c
1.85 Aug
54c
July
Jan
'
19% July
26
991/2 July
129 % Jan
.
103
Apr
230
May
26% Aug >
24c
17,080
3,600
18c
July
1.02
1.09
7,100
95c
Mar
*
8.60
8.50
8.60
1,600
1
-1
1.25
1.15
1,25
7,650
.»•10c
9%C
10c
7,500
.
38 %c
Apr
1.36
Jan
8.00 July
'
1.05
Feb
27% Aug
2.40 Aug
1.00 July
•24c
1.05
—
40%
20%
35-,500
24C
22%
21
103%
840
;ZZZ/Z/te'50,Z,
—
High?
Mar
153/4 July
13
1.95
Aug
25c
Porcupine
Corp Ltd common
conv preference
—
•
1
-*
100
/
70c
Aug
Jan
May
8c
12c
65c
,12c,
>
70c
,-8%
Feb
Jan
99
1.75
Arjon
Gold
Amtfield
•
55c
1.90
,544
:
Aug
85c
Jan
8
80
luly
12
Jan
July
102
1.75
36c
43,600
1.18
1.35
218,510
1
JO
1
1
—l
22 %C
-22c
27c
J7%
16%
17%
9c
70
-X
28c
28c
30c
10,500
21c
1
56c
49c
58c
153.300
36c
1
—1
—1
99c
80c
1.03
199,800
46c
July
July
A
-_*
—-
—
—
——
—
—
8c
39,000
-
470
,
33c
44c
.
Apr
3% Feb
'55c
1.70
62c
18
Jan
Apr
Jan
Apr
6c
July
22c
Jyn
21c
July
July
87c
20c
50c
/Feb
Apr
55
201,400
May
78
May
July
55c
v
40c
July
12 Va Mar
2,000
35c 4IV2C
37 %C
23 %c July
68c
Mar
16c
*■
Aug
32c
1.18
70
Mining
ijdlnes
_V,.,
Mar
98
,6,500
3,800
'
100
Jan
23c
July
/:33C
U
—.
Astoria Quebec Mines
Athona
6c
1
,^Z1
Mines
Ashdowp Hardware
Ashley
t
•
30c
July
c
30,000
■
9
-8%
100
7c
172,190
Jun
Aug
112% May
60
May
Jan
13
31%
$,284
4,000
4.—•
common
Mines
Armistice Gold
•
May
May
22
J 00% Jun
32
31%
19%
V Atlas Steel
13
18
217a
18
•
4%%
July
20 'A
Aug
30
18
19%
18%
-*
common
Consolidated Resources——
\ Argus
y
Jun
:11
'
735
20%
Range Since Jannary 1
High
Apr
80%
16%
-
109
10%
23%
LOW
Canadian OIL.
Aquarius
,18 J/4 May-r
J
129
491
Sales
Range
of Prices
Jan
101% July
r.
7% July
^ 2
76
110
——
110,300
^
■
Anglo-Rouyn Mines—
Ansley Gold Mines
July
35
15 % Mar
13%
22%
-
Jan
50c
20
Anglo-Huronian.
,
Feb
22
Feb
.17 " .July
76
10
w
Apr
38c
42J/4C
Amalgamated Larder Mines————1
American
Yellowknife,
1
t
May
28%
100
:•
13%
13
42c
50c
July
July
.„i
(jommon
.Aluminum of Can pref
Jan
17% .Jan
4,105
22
•25c
—r
July
—_^1
——
Steel
Aimninriim
Anglo
352
27c
Corp Ltd cl A
page
Jun
100
pfd—1100
Ltd.
Standard Clay Products
Thrift Stores Ltd common
see
Apr
104
-
37c; Jan
16c
15c
—
Gold
Aiger
85% Mar
.
12%
8%
pfd—loo/
Co.
Feb
33%
8%
z
July
12 %c July
500
"
25
;104
21
5.30
3,200
1
$2.50 preferred
Aleoma
285
104
r*"•
Feb
32c' Aug
7.80 May
22c
.^.—^——20
Apr
35%
10
50
21,000
46c
Jun
24c
Abitibi Power$5 Paper new com.,...*
16
Feb
13%
10
100
22C
Last
•
Quebec Pulp & Paper ~7% red
Reliance Grain Co Ltd common
Power
60
465
__
15c
Sale Price
Aug
13% Aug
35 y2 Aug,
21
_•
1,000
3.85 Jan
Aug
Canadian Funds
Aketcho
Jan
293/4
13%
_•
5.75
Friday
Agnew Surpass Shoe
8%
21
10%
5.75
1.70 July
Toronto Stock Exchange
Apr
115
29
22%
13c
_1
—-
May
July
13
29
*
15,600
•
Rtoeks
14
80
41%
—.
July
•*$c
32c
5.80
1
—
17
80%
14%
'•
2,600
44,600
24c
Aug '
2.22 May
31c
Jan
22c
May
35%
10
.5
2.15
10C 12 J/2 C
30c
1.76 May
30c
Jan
19c
Jan
13%
:*.
11c
Jan
3.35 Aug
7.50 Jan
May
1.09
lie
—
Feb
11%
-r-
10,000
2.00
2.05
——^.1
Gold—
May
80%
_*
17C
18c
43c
22c
117% Jun
52% Mar
600
14
13%
13%
4,600
2,800
Jun
Feb
1.41
24c
Ltd
Gaspe Oil
.Konaestead Oil & Ga4 I$«1
%
*
28C
1.81
17C
.1
Wiltsey-Coghlan Mines Ltd
Jun
_*
27c
Par
4%
•
Stores^,
footnotes
Wasa Lake
Apr
100
5,800
^^fiiJllivan Cons Mines Ltd
July
100
1.36 A.42
Aug
9% Aug
:z;A.;Z-
pfd—100
Preferred
For
Mines
Lta
May
Feb
•
„—
Invest.
Gold
Mines
10% Aug
53
*
Sqotia Lt and Pow 6%
Enterprises Ltd
Orange Crushcoaamon
Nuclear
Amusement
66
2,222
•
1.42
130
63
_-*
Nova
United
Jan
100
-*
Mount Royal Hotel Co Ltd
Mount Royal Riqe Mills
8outhmount
Jan
60
10
Ontario
Southern Canada
Jan
6
89
July
•
Massey-Harris Co Ltd 5% pfd
McColl-Frontenac Oil 4% new-pfd
Melchers Distilleries Ltd common
Service
54
100
24
1
Ltd
7,600
22c
Preferred
Maritime Tel & Tel Co
Pauls
50
480
125
1,265
__
MacLaren Power & Paper Co
Maple Leaf Milling Co Ltd com
Moore
58
10%
25
_*
12,600
150,000
4.10
Jan
42c
_;26%c Feb
5% Jan
1,450
24%
;_*
21c
3.35
11
Aug
Aug
84c
Aug
12c
July
1.00 July
2.50 July
1.20 July
100
4%
24%
$2
20c
Feb
Feb
3% July
22%
1*
*
Lowney Co Ltd
&
11% Mar
22%
1,640
*
5.10 July
14 %c
7,800
Jan
2.24
17% Feb
21c
150
1.10
9c
_1
Standard Gold Mines
20% Apr
9%
Lake St John P & P
Groceteries
Siscoe
Jun
145
12
125
'/
—.•
5,700
.1.15 Feb
1
Gold
Btadacona Mines 1944 Ltd
Jun
19%
•
——.
Securities
Island
45
Jan:
15",July
9
.
Journal Publishing Co of Ottawa
Montreal
Jan
13%
110
2,770
9%
pfd——100
Mfg
Corp„
International Paints
Minnesota
38%
17
9%
10%
5,000
3.80
/.I
.fSoma-JDuverhay
Jun
63
(A J)
Alfred
1,580
125
23c
Aug
3%C Aug
45c
July
11J/4 July
26.700
6.25
20c
.64% M^y
is
3%
„—
Lambert
July
.28
Apr
44% Mar
92c
13'A
1.81
Gold .Mlnea
Bnerrixt-Gordou
Aug
•
,
Great Lakes Paper
Preferred
Loblaw
23
58
•
Ltd
433/4
11%
Z
4
-Z
—1
—,
"A"
Products
Inv
10
19
17
18
£
Ltd
Ford Motor Co of Canada class A
Fraser Companies
Hydro-Electric
Feb
9% July
18% Aug;
50
Jan
21c
,'Santiago■
Z--;/>;
/Sheep Creek Gold Mines
._50c ;
,21% "Aug
23
Apr
16%
—•
100
Realty
Jan
8%
Rochette
Apr
Westville Mines
red pfd
Godfrey
6%
Feb
Fanny Farmer Candy
General
Aug
.15%
Woollens
Freiman Ltd
5
25,957
•
25
Aircraft
Aug
Feb
Esmond Mills pref
Fleet
Jan
Jan
150
Fed Grain Co class
10
7
—
Air era it
Aug
18%
4% Mar
75c
^
1
Jun
Mar
14 %C 14%c
1
Apr
32c
1,000
1.02
Jan
1.15
50c
Apr
130,000
"1,072
21c.
35c
65c
1.75
Ltd
2.05 Jan
:
'
19% Feb
4c
6.25
Apr
Mar
Jun
Aug
38c
70c
23c
——1
1.45
58
82c
11% July
23C
13 J/8
Jan
29c
21c
90c
Jan
Jan
630
3.25
;
1.35
348
38c
——V
Yellowknife Gold Mines
Quebec
Acg
16%
Donnacona Paper Co Ltd
Fairchlid
>23
50
:
Feb
62
Mar
150
Dredging
Pato Cons Gold Dredging
Pitt Gold Mines.,——
■
Feb
5
465
ZW-
12
30c
•:40
21 %C
O'Brien Gold Mines Ltd——1
Pandora Cadalllo Gold Mines Ltd.M.l
Jun
3.80
Aug
Jan
5
common
Products
174
.16
50
..
Cons
.Paramaque Mines—
Jun
6%
.*
Steel
43%
11%
100
_*
Oilcloth & Linoleum Co. Ltd
Dominion
53
Apr
18% Jan/
Feb
Canada Ltd_*
—
12
.Feb
1.45
35c / Aug
29c
Feb
49c
Aug
July
Jan
41/4
Jan
.July
Jan
2% July
> .80
■
Engineering Works Ltd—*
Dominion
5%
,98i
76
1
^!*
David & Frere, Limitee A
6%%
1.75
12,500
;
Consolidated Textile
1,100
1
Normetal Mining Corp Ltd—
Norseman Mines——
Jan
Aug
2% July
150
100
Consolidated Paper Corn Ltd
■
12
*
preferred—
Preferred
.Eastern
Nib Yellowknife Mines Ltd_
*
Products*Ltd .com
Celtic Knitting Co Ltd——
Dom
Nechi
Feb
1,285
2
Food
Consolidated Bakeries of
45c
1
Aug
•
Westinghouse Co Ltd
Cassidy's Limited common—,
Commercial
35c
^
—_
Mines
July
*
—
Lingslde Gold Mines
Louvicourt Goldfields
Jan
178
70
1
jbuinDer Co_
5%%
34c
1
.4%,July
32
590
—100
Canadian
Cinzano Ltd
12c
Aug
5
1.06 July
7,100
8,200
Llngman Lake Gold Mines Ltd———1
290'
2,900
23c
40C
—
1
Ltd
1.25
Feb
Apr
1.15 Mar
July
16C
1
Mines
Mines
60c
39C
1
Shore
43c
Aug
500
1.10
•/
' 30c
1
Mines Ltd—
Labrador Mining & Explor Co Ltd
9C
78c
39c
;23c
.1
Rowan
—
Catelli
74c
243,500
78C
Jan
Jan
28c
Aug
Aug
July
Aug
35c
...t
Ltd
Lake
Canadian Vickers Ltd common—
'•••
7% cum preferred—
Canadian Western
,
Mines
Lake
•
,
6,400
25c
78c
1
—
..
Gold
Apr
Power Co
__
90c
11%C 13J/2C
__
•
Aug
Canadian Marconi Company—,
7 Canadian Power & Paper Inv com
.pfd
Ltd
56%
7
5%.
16c
L25
Collieries
Gold
43c
62c
,
;
Consolidated
1,000
3,200
62c 651/2 c
21C
49o
July
2.25 July /
46,200
25c
13c
60 %c Mar
75c
4,800
50c
50c
65%c
22%
f:-' 1%
preferred
100
.'i.Canadn International ,lnv Trust com_*
:
29c
30C
1
61
••Canadian Industries common
Jan
3.65
Gold Mines
Macdonald
Feb
1.85
.2,100
91
15%
32
1.05
416
100
45c
70o
Aug
1.00
*
.♦*'
Aug
Aug
20
60
•
7%
29c
26C
11,800
.-Joliet-Quebec Mines Ltd
July
Aug
'
Jack Lake M"tne»
77
July
20
.1
Indian Lake Mines Ltd
105% Aug
10c
69c
39c
Hallinger Consolidated .Gold—;
—X
Hudson-Rand Gold Mines—,——1 "
J-M
22c
35c
Ltd
Mar
2,500
39c
Ltd
Jan
18c
13,200
1
iiy4b;
30c
13c
33c
.
5
Ltd
July
Jan
35c
'
Mines
32c
75c
20
i
May
12c
30c
—*
..Mining
Ltd——
7c
2.60
July
July
July
July
39c
8,000
12,900
Exploration
Mines
May
57c'
69c
__
1
pfd—100
100
pfd^.
Investments Ltd-—*
Canadian Light &
8c
1.00 Apr
1.50 Feb
34c
Aug
July
July
21c
lie
Hillcrest
.Aug
July
.4% July
50
7%
/ Canadian Dredge & Dock Co Ltd
i
.
•
Feb
Feb
Aug
July
50c
1,000
10
100
Sugar
Northern -Power
Co
C
36c
Jan
87c
49c
July
July
9c
22,000
14
665
Malting Co Ltd
General
38c
37c
•
13c
Aug
ll%c
July
July
July
57,800
Kerr Addison
Starch
I
37c
Mines
2
.7,669
v
Canada
57c
98c
1
Mines
ja
Calgary Power Co Ltd 6% pfd—
Canadian
53c
49C
81c
2,800
2,000
1,000
Goldora Mines Btd^»——>-/
Goldvue.Mines
13
Jan
25% Mar
2,251
100
Dominion
26c
25c
8c
Onlrlhftftm
12% Aug
Mar
635
1
common
&
6,000
9*500
4,800
28c
God's Lake
High
12% Aug
477
*
Preferred
Canada
41c
42C
12c
.
*100
100
*;;
Canada
37c
57'c
1.85
4 '/a c Aug
,36c
98c
..
Range jSInee January 1
Low
Vancouver Ltd__5
Canada
ri 1,000
Formaque Gold Mines Ltd_^.—..
1
;
90c
Found T.ftkft Gnld
/ ■>,//,/Zi13c
for Week
High
Paper Co. Ltd B~*
7%
pfd
100
B
Company
5J/2C
30c 33J/2C
rontana
Range
—
British American Oil Co Ltd--,
British Columbia Packers A ,pfd
Class
4%C
*
12J/aC
-
Brown
May
34c
Cournor
Sale*
of Prices
Low
of
Jgn
30c
38c
Mines
'Elder >Gold Mines
Eldona Gold Mines
Week's
Friday
SalePjrloe
Distill
52c
Aug
32c
Cheskirk
Canadian Fonda
STOCKS
&
Aug
llC
4 »/a c
East Sullivan Mines
Brewers
May
24c
80,000
1
Donalda
Belding-Corticelll
80c
1,500
13c
j
Dome
&
2,200
24c
lie
—*
Central
Cortez
Power
1.80
240
Cadillac Gold Mines
£td—
Centremaque Gold Mines Ltd
,40% Feb
<$13,000
36% July
7
Aug
13
Apr
Jan
Century Mining Corp Ltd
v
>
Bathurst
LI
Mines Ltd—1
Gold
Cartier-Malartlc Gold
Colomac
Products
Jan
24c
1
Gold Mines—
Bouscadillac
'■
1
-
Fabric
.218
(1937) ZLtd,U^n——1
Lake
Bonville Gold
Apr
38%
.Montreal Power 3 >1949-
Auto
12%
1
-1
-y.-r-,—
Yellowknife
Bob's Lake
Feb
26
•25
.
10
10
—
Bonds—
22%
25
•1.25 July
12%
Aubelle Mines -Ltd__
———_1 '
Aumague Gold Mines Ltd
;
._1
Apr
34
,27%. July
687
•
200
11c
Mines
■
Beaulieu
20.
Gold
Ltd-
Quebec Mines Ltd—
Athona
"Beaucourt
20
2 »/4
..*
Mines Ltd—
Astoria
Apr
21% May
Mar
Banks
Canaciienne
10
'
125
High
1
380
2%
Alia Mines
// 27
13
155
28
Low
30
Mining
Alger Gold Mines
/May
159
36% May
22
99%
99%
—
.74% Jan
1,011
Range Blnee Jannary 1
High
28J/2
;
.
Windsor Hotel T.td/
Shares
Low
-*
'
Feb
225
25
13%
Canada Ltd
forWesk
of Prices
Apr
Jan
50
25
—
Aug
Jan
109 "Feb
615.
.-*
—»
183
Jan
Western
Apr
8V«
.150
28%
2g%
v.
—
10O
common
44
United ^ Distillers .of
.
Akaitcho
90
*
preferred
Jun
17%
3,045
90'%
150
Jan
.165
6
100
11%
140
*
—
common
—
Limited
—
•
fr'/v.:
20 %
10%
11
31
125
183
183
—*
com
v;,:;
42 %
•
:.'W i/ Par
;■
94% May
•
Winnipeg Electric
•/
Preferred
6%
420
90
100
Wabasso Cotton
■Walker Gooderham & Worts
Weston (Geo) common
Zellers
88
90
Sales
Range
Sale Price
High
85
Week's
>
Last
Range Sine* January 1
;."J-.\.LOW;:vj'
90
,-
*
Tuckett Tobacco pfd
Twin City Rapid Transit™—,
United Steel Corp
T
Shares
High
85
25
,
Low
^
*
common
of Prices
25J/2 Mar
132
30c
Atlas
Yellowknife
Auhelle Mines
Mines
Ltd
•Auraaque Gold Mines—
Aunor Geld Mines —;
Auto
Fabrics Products
Class
class
B
1
•
4.65
4.85
12
12%
-
-5
3.80 July
2,000
■■
12
•6 Va
6%
•750
1
22c
21c
25c
9.000
1
16c
15c
16c
9,000
25
373/4
—
•
Aug
6
330
Aug
Jan
1.02 Apr
1.55
Feb
7.25
Feb
12% Aug
6%
Aug
Jun
Jan
31% May
Bagamac
Bankfield
Bank
Bank
Mines
Consolidated
of
of
Nova
Mines.:
Montreal
Scotia—.
10
10
z
15%c July
12c
July
58c
Feb
24c
Jan
243/4
26
835
21%
Jan
27
Apr
373/4
38%
420
33 Va May
40
July
l*l.t":i
-.M'^.. ^W1*
f?-*-
>
-' '
-■
'
/
—
L"i» V •
.V,!
• -.:
.■
..
'..,•/.//-. o*l
-
^
y
"'^ .wvt^Mwoo
A ;> V y.--'u-/..^:!.
'
^
'
•".■
«'
•■■.'•
•
■'"
•
'•
'
*
•
_.
Volume 164
Number 4521
STOCKS
Friday •/;,
,
Week's
Last
Range
Sale Price
Low
Base Metals
ioy2c
^
1
Beattle Gold Mines Ltd
; Bell Telephone of
Canada
■
Belleterre Quebec-—-.
•
JbQW
X00
203
76c
July
51c ; July
39
160
;
Dominion
Steel class
1.64 Jan
1.71 Feb
Dominion
Stores
Dominion
Tar
.
51
220
181
vjan
10
Aug
:
■>
216
-
Berens
jRlver
—1
Bertram & Sons class A
Class B
'
__„L
1
Bevcourt Gold
Hideood
Hats
Blue Ribbon
r
common-:
;
*
50
_
92c
Feb
8,000
;■116c
July
23
125
Distillers—
&
Brewe's
61
18c
1
47c
55c
10c
15c
14,100
19c
18C
19C
121/4
23'A
100,900
1,010
12,760
15
14%
15
260
23c
26c
5,700
ll
>July
PO% Jun
: 13V4 Mar
,23c .Aug
27-
28%
1,435
--4
2,850
■
31/4
•
15%
Broulan Porcupine Mines,
'
'
16 ya
20,200
10,800
48c
26c
50c
T
1.50
128
1.55
•
4.75
4.75
5.00
>_»•
25c
22c
26c
28c
26c
30c
29
30
6c
1,500
13%: 13%
.260
1
,
...
29
-
;
—
*
—
13%-
A
25
-Glass B
-i:
»
25
'13
„•
Calgary & Edmonton
Calllnan
Flin
35c
1.94
Flon
'
_-r_;vWT--r<r | v
July
1.64
'Canada Bread
Canada Cement
'
Preferred
"Canad^.
*
721,300
15c
Jun
97c
23% Mar
35
,4%c Jan
£.
13
Mar
22%
"i,
*
Jan
27
Steamship
»
Canners
40C
Aug
1
•40c
68c
127,450
182,100
37C
July
30
30%
Preferred
Class
16
78
41%
41%
■
--
.Federal
■
21%
22%
29%
-
.
70c
.
17' 17%
17
18%
as
Qiiarts,
Trethewey
.
T1
.
_
m
r,
t
64
•
5%
24
Chrorqlum
'Circle Bar''Knitttag——_ ——.—.'J—,—*
Citralam
20%
Willans
Gold
Mines
44
9%
1.35
July
3.95
15
53c
60c
670
Mining
&
Smelting
39 %
7
,30,
21
89
94%
-'7;.,-511
178
1.77
.
*
21%
Imperial Mills—
.
*
28
28%
38c
52c
1.25
1.60
44
44%
1
1
90c
D'Aragon Mines
Davis
Leather
class
B
J
—
Dent son
12 %c
A
Nickel
Mines
•
Distillers
Seagrams
2,800
—
•
—
1
Ltd
25,500
II,100
21,300
7:24%
..
Dominion
Coal
10
preferred
Dominion
Fabrics
Dominion
Foundries
Dominion
25
Electrohome
Dominion
Magnesium
Malting
1st
preferred-,
& Steel
50
—
page
1241.
Jun
22c
Feb
78c
41,403
57c
Jan
88c
Jan
5,100
12,600
19c
Aug
39c
13c
7: 38C
:iOc
Feb
78
Jan
103
•
188%
July
Feb
1.06
•
V
29
1.75
18%
54
54
32
Aug
70c
25c
86,100
8c
July
40c
89,200
33c
5%C
5c
115
56%
11%
11%
13c
15c
21
21 y4
27
29%
62
65
620
5%
5%
Ltd
1
-34c
37c
16
17
43%
Jan
gOc May'.
,L50. Aug
55
;
preferred-
Jan
Feu
1
J
18c
Aug
28c
Aug
12c
July
20 %c
34
Jun
16
Mar
.1.55 Aug
5c
Mar
30c
Aug
1.10 July
88c
"24
July
" jun
70c
Gold
16C
Mines.
Apr
70
Jun
77
-
J
Feb
7
59c
13% Mar
Apr
*18%
30 Vac July
>'
Jun
22
22
Aug
6,500
00
juiy
18c
Jan
5c
2,500
4c
July
10c
Jar.
&
If,. 8% Aug
12%
Feb
18% Mar
«21%
Jun
16 %
May
1
Howey
Gold
24c
43,783
21,900
18c
33,300
12c
.Aug
32C
43c
14,000
19c
1.20
1.60
69C
6,300
61,700
20c
21%
400
12
;
52c
11%
12
2.90
2.99
15 %c
17C
6c
47c
40C
—
30c
13 %c
A__.
Jan
Aug
27
Apr
11
19%
Feb
July
July
Jan
4.40
July
35c
Jan
5c
May
h lie
Jun
53,000
36c
July
74c
Jan
30c
5,700
600
10
3.60
69c
20% Mar
7
21,100
SI Y4
7c
Feb
73c
Aug
50
Jau
May
30c
July
Jan
380
108
10
Aug
15
Jun
25
10%
107
Jan
•69c
2.75 July
43%
10
Jan
Jan
13c
10 %c 13 %c
107
—.
Apr
2.70
7,30c
1.20 Aug
'7,400*
40C
41
„1
45c
July
1.00 July
10,500
60c
Smelting
16c
.
3,305
4,255
7c
55c
Mines
%c
7c
Gas
71.24 Jan
/31c Jan
July
15
Mining &
class
20%
July
21
Malartic Mines
Hunt's
July
13c
;
Huron & Erie common
■7
65c
1.45
2.90
Hudson, Bay
July
.
4,200
13,700
22c
1.50
Yellowknife
&
11
805
76c
64c
Oil
12
•74c
1.36
39c
jHosco Gold Mines.
■Hush
11%
15 %c 17 %c
13 %c
—,
Oil
Homestead
Feb
7/4.10 July
25
100
5.40
150
Hollinger Consolidated Gold Mines..
c
6.00
200
8%
18%
24o
...—
Dauch
19% May
25
1.40
————
95
Jan
110
Aug
20
Aug
'
paid
Imperial
20
i
;
f
Bank
—
20
130
17
Jan
29
29%
315
26
Jan
13%
14
17,027
14%
14%
1,145
37c
43c
58,100
13%
Indian
Lake
13%
80c
81c
31
33
42c
1
John
jlnglis,
6
Insmration Mln
& Devel
International Metals
preferred
International Nickel Co
Island
•
—
Uranium
32%
100
Mining
17%
Jan
13%
16
Jun
27c
9%
300
75c
3,250
Jan
80c
July
1.65
Aug
Jan
35% May
29%.Mar
50
Jan
15% July
Jan
905
"7
30% Aug
•
13% July;
106
Mar
Feb
33%
33 %
36%
4,465
102% May
33% Aug
17
4.05i
16%
17%
3.550
16% Aug
27%
Jan
July
2.09
Apr
1.50 Aug
2.30
Feb
•
7
1
Mountain
:
103 103%
6
common
Petroleum
7,-Jntprnational
8O0
1
class A
4%%
•
29%
13%
14%
——
Imperial Oil
•
Imperial Tobacco of Canada ordinary.B
50c
1.50
Jacknife
Jack
t
Waite
1.00
1.09
7.525
1.50
1.55
2,300
•
75c
•Jason
M
Joliet
16c 18 %C
•:
Mines
50
26,500
"16c
47
21c
1,200
12c
July
A -4c
5c
9,000
4c
Aug
51c
71c
Aug
20c
17%c
Mining.
Jacola Mines
,
July
41c / Jan
7
He
May
Feb
57c
54,351
36c
July
65c
9C
10c
4,368
6c
3%c
9c
5,500
3c
July
July
21c / Jan
3%c
87c
7.0c
92c
45c
July
16
16
•14%
Feb
57c
IOC
Consolidated
■
.
Quebec
3.05
.30c
Feb
May
Journal Publishing.
•
81,070
•
-
^ayrand Mining
Kejvinator Co
*
Kenville Gold Mines
1
Kerr-Addison Gold Mines
1
1
Aug
Kerr Lake
1.90
Jan
—
Kirkland
Lake
Kirkland
Townsite
Feb
Labatt (John)
Labrador Mining
24%
Jan
30
Jun
Laguerre
13% Mar
23
Jun
Lake Dufault Mines Ltd
Lake Fortune Gold Mines
Aug
8%
54
9c
--
Jan
2.25
Feb
Jun
Aug
Lake
Gold
Shore
Si Exploration
Mines
Mines,
Ltd
Jan
La
1,260
28% Aug
7% Jan
39
12
15
Feb
30
30
765
21 % Mar
30
May
>106% 106%
5
109
July
Lamaque Gold .Mines
Lang & Sons
Lapa Cadillac
Jan
18c
J: 19,700
28
65
1.20
1.35
7,800
12%
13%
6,215
75c
85c
2,010
1.00
1.10
13%
I
1.50
1.62
19c
27%
2,000
5
21c
28%
11,750
4,800
'16% May
' f / 37c
Jan
Jan
1.76 .,Apr
111/4 Julv - 1^ 17% Feb
/ 55c Aug
85c
Aug
99o - Aug
2.30 Jan
1.25'July!o
2.90 Feb
116c July S,K.! ,55c
Jan
10c- July
■•' 23 % May"30
1,20 July
Aug
29%
104%
1.25/
•
1.75
Apr
•
1
*
32%
6
13c
/:•- 26 7
10
1
Kirkland; Hudson
1.48 Apr
30% ju,iy
160
"■
1
34c
29
—
75c
—
11%
3a,
.12
Mines
Mines
Jun
54
430
Jan
8%
..
Gold
11%
-
•Jan
5%
18%
—
20% Aug
35
;
14 'J
;
Jan
Aug
35%
/;
Jan
40
54
Jan
Jun
8%c
5.25
Cotton
•J
Jan
5
15
7
22
.
22
———
'.Jellicoe-Mines
Feb
Aug
370
Aug
7%c
Mines
Gold
3.00
,
21
Aug
,
,
4%c
awayze Mines.
1.15 Feb
•;
26c
May
57
"
445
Apr
12
4,000
'
1.15
12 %c Mar
Aug
7
100
'
Jan
35c
•
11c
640
*
Apr
"
July
11% July
1,115
•
•
.
r
2.90
52
'125
/
Jan
Jan
125
145
55%
•
*
Mines
■'
7 99 % Mar
2,810
*
Paper common
54%
*
—1
■:
Feb
79c
; 40 %c
Aug
100
2,000
7:7' 105
Jan
71.30
■
July
5c
&
Wire
Rock
Hinde
Feb
1.67
Jan
37c
Heva Cadillao
Feb
86c
7.7 1.00 July
2.00
Feb
.•
25c
July
160
class A
Gold
:
Feb
87c
'
Apr
July
Jun
,
29r
13
1,815
6%
'
28
25C
/;22% Jhm.
105% May
29%
94,850
■
18%
6%
—
•
200
20,800
"4,550
27
20% .21%
28%
29
..Jan
Mar
.8
16c
70c
-
■
,5c
(Hedley Mascot
Apr
1.95
,
28c
July
July
July
8c
38c
McKay class A
Heath:-
.
Jun
Jan
90c
24 %c July
9,676
23c
.
—
Apr
173
■
r'
;
Feb
Apr
22
13c
1
Rubber cpmipon**^.*
——1—.^**.*50
Preferred
Harricana
8% Mar
Jan
41c
•
5c
6,500"
——-———-1
29%
100
7V2c
40C
——.——1
———
Feb
25C
Aug
6c
"14,826
Tire
Feb
70c
2.70
:
Jun
8.7b
21c 22VzC
2.50
Mines
108%
73C
HasagaMines
{Headway Red Lake Gold
Jan
2.75
lie
Feb
20%
7
210
7%c
•
2.60
•
•
4,500
1
*
com
common
see
21
*
Preferred
footnotes
1.48
1.52
•
Bank
12c
Apr
21% Aug
a.05 Juiy
72,300
Harker Gold
Apr
490
7:
30C -34c
1.00
common
Mining
Mines
For
1.85
1.32
Yellowknife
Dominion
31%
13%
16c 17 %C
I
—
Discovery
Dominion
12%0
1.80
1
Detta Red Lake Mines_
Dome
57,800
3,000
13
'Dickenson Red Lake
Diversified
1,100
.200
^ 31
;
Jan
1.38
■'•■■■7'
2k
21
•
;
Delnite Mines
17,438
lie
V
8,600
36,912
Hard
Aug
1.05
July
16%
70
90c
1.65
^.65
1
Petroleum
Class
61,500
"
*
—
Jan
10
30c
/Harding Carpet
*
Jan
■ **
5.00
4% Aug
105
107
90c
Hamilton
,
4.70 Aug
1.90 Jan
19
Jun
7%
Jun
7.35
1
Hallnor
i
Jan
1.90
.7.71.35 July
11,100
I,500
.
Davies
7
380
30c
100
Patricia Gold
Cub Airpraft
50c
104
1
;
Mines
Croinor Pershing Mines
Crow's Nest Coal
Crowshore
,.^80
50c
Mining
16
July
July
111
17
42c
-Home
25
40c
Jan
200
'
,
86c
7 Homer
35c
Jun
105 '
18
31c
naicrow
Jan
July
20
17%
6.65
•
_1
—
Jan
-
27 %c
Jan
-50c
Jan
14
10% Mar
29c
Feb
July
14% July
105
—
Crestaurum
Feb
5.55
2.90 July
200
42c
tHalllwell
Jan
2.40 July
r
5,000
'
21%
105
Feb
355
12c
1
Ltd
Mining
.International
100
75c
,5
106 %
1
-
Graham Bousquet
May
s.
44%c
1.00 Aug
3,665
'
177
July
21
7 86C
3.00
18% Jan
415
1.50
•
Feb
33c
20%
1
2.10
10c
3,800
5
Jan
33
if
?
4,540
1
/ Hahn Brass
4.40 Apr
July
1.41 Mar
100
1.70
.
32%
Aug
23% July
5,100 ?• ;•■
7.00
1
Mines
Gate
Gunnar
Jun
July
43c
124,900
20%
9% Aug
May
29
942
18
Preferred
26% July
Apr
25% Jan
;7% Jan
.
180
77c
100
Corrugated Paner Box pommon
New preferred
20%
•
common—
*
Great Lakes
Feb
15c
9,200
:
7
.
.
Cournor
*
1
Goodyear
Jan
24%
15c
125
3.00
•
Conwest Exploration
4.25
.1
:
Fed
18
Jan
Aug
,,Jan
1.42
22,500
19,500
1.55
Consumers Gas <Toronto)
Cosmos
A
:
Mines
Eagle
Goldvue
Jun
May
26
.500
25
20c
11
Bakeries
Consolidated
class
Goodfish3
May
46
13%
,100
1.20
14%
Mines
Consolidated
3.90
£••-5,
Mfg
Gold
Goldora
Jun
27
50c
.
2,200
137,024
25
1
National
Coniaurum
4.10
Golden
Jun
24
38c
1
Mines
41c
13% Aug
Jah
Feb
2,500
28,400
15c
•
Yellowknife
Conduits
38C
100.7 106%
God's Lake
.-.Aug
27% Aug
20c
s
l
Co
Lake
15
Jan
13% Aug
Aug
5
3,220
1,600
Golden Arrow Mines
22%, Feb
2.50 July
1.00
————i—1
25
29
65
Lake-Porcupine Gold
Glecora
t
Jun
.78
1.85 July
1
9T'e
Aug
24c
6% Aug
12%
May
10% Aug
134
Jan
8%c July
;
■
:490
■
18
Yellowknife Gold Mines
Gillies
29% Aug
20%
1,100
3,200
80c
/••
400
—•
90
4,000
29
,
Jun
17%
686
1.59
4.70
"65
.
:/ 133
:
13
-9
Jan
■7/
7%
12%
'•'!'
22% July
65
Jan
5%
•
■100 10 %C
6%
48%
24%
common
Preferred
Giant
Mar
18% Mar
4,712
3.35
72c
Colomac
Exploration
Pow
-General Steel Wares
30% May
.
9%
Feb
Feb
6.35
Mar
940
2,900
131
-*
,*1—'
*
■
9%
24%
•
A
*—***—*
Products
Gordon
Jan
3,950
*
Feb
13
12
3,185
preferred
General
•
;'
722
4.00
Plow
class
Co
General Bakeries
.
Feb
205
Jan
'28c
l
;
Research
Cochenour
Canada
Gold
Frobisher
Feb
12
35
1
Coin
of
Gatineau
Aug
14%
Aug:
18c
Wines
13
Jan
4.20 July
'
10%
Gypsum Lime & Alabastine.
50
chRstervilie Larder.Lake Gold Mines—1
Cocksnutt
Co
32
2.24
1.45.
'Centremaque
Chemical
121/4
Jan
2.00
Central; Porcupine*-—
Gai
7
Greening
24%
■
3.20
Gold Mines—J,
<
9%
10 %c
32% Jun
May
.17
28
Jan
Jan
Jan
-
127
*
32
28
24%
*
_
10%
FleetAircraft——
.
Gold
Chateau
Mining..
Jan
8.206
■775
33
1.35
1.45
36
10
665 •/■'»•
58
Goldhawk
24% Jan
3,085
1,090
■
By—*
Apr
22% Aug
Jun
28
:";35 /;"■/
5 77
20%
1
Foundation
JUn
29%
40%
270
20
27%
32
Petncie
18%
:;7\ 54
common
Jan
9%
20% July
59%. Jan-
2.205
18%
Canadian Wallpaper class B—
Canadian Wlreoound Boxes—
Castle
.19
541/4
*
Hamilton Bridge*—_«*.***—
.'Canadian-'Tire
Central
•
A—?
■Class,
?Ford
25% Jun
153
Jan
.15
200
;
18%
*
;
Pacific
4.95
1
common
22%
10
A—*
:■
-
■
4.65
Candy Shops—
Kirkland
Gold
Mar
400
.
70c
com
'
8%
100
c-Fittings Ltd
:
17
48
8% Aug
20
11%
common
Grain
25
50
26, 28%
8%
4.65
Goldcrest
22% rJan.
.455
;
157/8
11%
25
.-^=cr-__
Farmer
Jun
Jan
7 20
162
20%
;r
Canadian Oils:
29%-
16
•
common
-'Canadian
Cariboo
—.'■■—*•
*
Jan
3.16
Jun;
65
70
•
Locomotive
-.Mar :
J9
250
•
**
•
A
Canadian
Class-B
Preferred
.July
.47% Jan
6,323
30
7 ■;/--•
.-'J-*
Products
Canadian Industrial: Alcohol
Canadian
29%
20%
70
ri
'■•
Food
Mines
■7 56c
17%
955
31%
16
20%
'
>
23
29
_?
—100
——
Canadian Dredge
•
Gold
Federal
.17
31%
—
common
157/8 Aug
50c
44 % May
85
29
Jun
40c
Goldale Mine
Jan
.34
29.
Jan
14%
1
Feb
36
160
?
*
common
.
53
51
26%
4.60
10% May
Apr
Mar
■10%xAug
17% ' 17%
22%
•
Fdry
204
.60
2.30 July
1,410
Aug
Trust
Jan
63,490
4.00
12%
July
5
2.95 Jan
Jan
178
50
20
Celanese
400
*26%-
•
common
Class A
18%
22%
1st preferred
r
410
201
3.60
11%
3.35
1.15 July
14
Grafton
Canadian
\
:
Commerce
Conv .preferred
Canadian Car &
/ 65
42%
'
■
Breweries common-
Canadian
1
Investment
44c
Jan
131
51
10%
18
'K:
•
common
Canadian
1
44c
14% Jan
40
63
18
100
——————50.
Bank
.
Jan
7,050
22
Apr
6V4
1,070
10%
40%
.
Feb
13c
7,500
1.62
42
Juiy
.17
19c July
1.71 July
,19c .July
22 %c July
2.00 July
150
23 f
150
40%
10%
class A———————
Preferred ,'
Canadian
8%
22
150
Canada. Permanent Mortgage
'
8
.
Mines
Golden Manltou Mines
Canada Packers
Canadian
4,570
20,625
'60
'Canada North Power
,
8
Malting
Canada
51,100
2,750
149
:•$■ ■ Class"■■ B—■—-
•
7
62c
July
6,100
6%c
50
j
9%cMay
15
.Apr
12% Mar
500
3,400
22%
July
be
420
6C
Falconbrldge Nickel
Famous Rlayers new
Jun
.555,-
26c
_•
30c
40c
40
Feb
7
2.15
.100
Aug
Feb
29c
4
common
.
May
19c
1,310
Jan
2.00
2.10
;
com
Jan
1.60
21,500
43
Apr
11
45c
26c
:/ Campbell Red Lake
Jan
•1.85
July
22%
Jan
July
1.94
t
23c
85c
Feb
July
58c
1.54
Equitable Life
5% May
55c
Jan
72c
I5c
37c
1.76
25c '
i
Calmonfc oils '.
,33c
,
43,600
24c
22
.May:
>3.85 July
14
1
,
249,250
1.37
22 %c
43
•
Calder Bousquet Gold
1.25
1.19
-23c
15%
■
Jun
-35
:
July
95c
925
88c
1.28
30%
20
„• Jan
60c
July
20
Jun
31,400
:
26
14
,
126,600
7
1.10
1
Jun
28% July
Apr
13
English Electric class A—————*
11% Jun
.
40c
1
Eddy Paper
;Eldona
28% Jan
8% July
July
18c
:
Mar
23%
372
Jun
May
28%
■
Aug
5
17%
,Jau
23
100
,
17%
25
Economic
Francoeur
Mines
Proriiiots
Bunker Hill
800
22c 24 Vac
23c
.
26%
23
Jan
125
26%
20
—1
.Elder Gold
Jun
Aug
,28
31
3%
•
Mines
Burlington Steel
Burns & Co class
140
30
5%c
Gold
Lake
8
16
50%
Jan
45
12 % Mar
*
;
Aug
Aug
15
,310
3%
,
Buffadison Gold Mines'
Buffalo Ankerite Gold Mines
Canadian
C ,410
9
31
.
,
15%
..-8
>
3%.
A-T-.,—•-
T|d~
15
8%
26 %
16
•
4% Aug
200
30 % Jan
3%. Aug
;
26
*
•
Washing
Easy
18% Feb
.
-
..
Sullivan
•Fanny
28
Power class
Class B --L—f,—1—
"British Dominion Oil
Bylldlng
10c. July
*
*
——
common
Oil
Crest
East
Feb
55c
:
:
120
Eastern Steel new common
30c
Jan
39%c Jan
,25^ Mar
23c
;
'1.
/Buffalo Red
30c
.30c. July
lOo July
22 '/a
Oll.
British-Columbia
•Buffalo
July
11%
——1
■>;
26
.East Malartic Mines.
24J/4May
14
Apr
61
Aug
/
July
22%
T—nr-
.
14c
15c
5
Columbia Forest—
Brit Columbia Packers class A
1
55 Ve
47 %C
British
•
10%.July
.;■//-5
>
Aug
East
%
'
American
Class B
22 y2
113
.
61
17c
:Jun
25%
East Amphi Mines—
23% May
•
-
12
u,ooo
.70,836
•
com
Red Lake Mines———.
British
•'
12 %
61
•
Brazilian Traction Light & Pwr
July
4% Aug
10
•
.
Bralorne Mines, Ltd„—
Brewers
"'
.
1
Boycon Pershing Gold Mines
'
>
1
Bonvllle
21
26
Duquesne Mining Co
Duvay Gold Mines
45c
Jan
14 Vs Aug
27c
14%
17c
j
„
•
May
July
22%
12 y<
22% *
-
8
,47c
23c
•
Preferred
200
48,850
14%
:
Boojo Mines Ltd
; Bonetal Gold Mines
22
85c
225
3,060
Feb
7
1.45 Jan
*
4%
260-
a
v
-:70c ,July
67c
85c-
I
—
850
22
1
Gold
common.
Preferred
1.00
4%
*
;
Kirkland
Biltmore
l.OO
>
—
20
18
VDonalda Mines ——1
Feb
•
r
*
Dominion Woollens
Jun
15%
46
16%
common
Vtc
May
2.65 May
4%
46
17%
.
High
Low
—28
B
1
Range Since J*noary
High
*
•
•
-
Shares
4%
50
Apr
Apr
...
Sales
for Week
Range
of Prices
4%
Preferred
28c
Jan
:.45o A Jan
490
io y8
Week's
Sale Price
Dominion Scottish Investments com—1
July
24
•
.Feb
,57c
7,343
io
STOCKS—
Low
38
Jun
,19
76,000
:
30
.
Feb
7y2c
•
37,600
'~6oa«v 206
——7*1/
32%
220
47
57c
52c
MARKETS
AUGUST
ENDING
Last
8,400
80c
70c
53c
WEEK
Jtongt Sine© January 1
20
>461
•
I .;■
,
'
22
72c
1
;
VpUnwltnlffl
37%
21%
78c
FOR
Friday
Shares
9c 10 %c
V
2J%
Radium
rBeatty Bros class A
«*•«
'•
—
■•Tor Week
High
37%
Bathurst Power class A.
Beaulieu
RANGE
'
of.Toronto-
&
!
•:
Sales
of Prices
,
Exploration
.
•_'!
.
LISTED
CANADIAN
Bear
.
.'
'
THE COMMERCIAL & FINANCIAL CHRONICLE
iv
Bank
•'
1'
Luz
Mines
—
345
24% Mar
4.55 July
1
6.10
6.50
-8,050
1
35c
45c
33,600
23c
1
77c
81c
7,200
45c
10 %C
15%
•
10c
14
1
July
Jan
Apr
Jan
5,000
19c
Jan
3,069
14«
26%.Mar
Aug
5.00
5.00
600
4.50 July
6.05
6.25
750
5.55 July
*
23%
23 %
11 %c 15 %c
Jan
65c
1.46
*
15c
11
July
9%c July
•
1
29 V*
-
-"-25
38,600
20 V2
Jan
7%c July
8.00
Feb
8.75 Mar
25
20c
May
Jan
1240
|F
;
'
:
■
■
V
THE COMMERCIAL & FINANCIAL CHRONICLE
•'
Canadian
'-.v^:/, .v.'^
Friday
STOCKS
•■■
Week's
Last
Range
Shares
63 %c
Lapaska Mines
Lebel
i
Leitch
Gold
Lexindin
Lohiffw
28c
28c
Lac Gold Mines Ltd
class A-.-.
5,466
4C
3,900
36c
19,200
18c
July
1.15
95,400
68c
.July i
2,115
36;r
985
34
500.
33
115
115
20
3.30
1.80
3.35
764,400
50c
36c
preferred—--
(Marcus)
Ljoidlreius
Lundward
Mines
Gold
30c
3.30
26%
Sand
Jan
River
Feb
Sunnorm
Jan
Senator Rouyn Ltd
Sha winigah'
36
,
34
Jan
Aug
Ma.v
,■:
115"
105% July
1.02 July
Aug
Sneep
July
21c
July
45c
Feb
5.00
Jan
Class
7.50
Jan
New
34 %c
Sick's
Apr
Erew
3.85
Macfie Red
3.60
30c
7,000
July
2.50 July
24c
Aug
1.95
Mines
1.93
2.15
9,765
1.50 July
17%
18
60
Lake
MacLeod-Corxsr.utr, Gold
Madsen
Exp
(HR)
17%
—
1
3.25,.,
*67c
1.85
1.81
•
4C
3%c
"
Manitoba & Eastern
*
1
i
Maralgo
Gold
Marcus
New
Massey-Harris
vtc
vrcGoll
Oil
Frontenac
common—
McKenzie
Lake
Red
Red
Gold
Mercury Mills
91,750
42,580
60c
July
21c
19c
6,500
12c
July i!
July
2,410
14%
17
16%
28%
Montreal
Montreal
4%c July
:.
80c
40c
34,200
25o
21 %c 22 %c
3,000
20c
17%
,100
-,
.
7c
6c
7c
8.00
8.75
18c
1,500
65
289
j
:
108% 108%
18c
75c
17c
Jan
12%
25 %c
105%
11;
Feb
52c
*
19
20
790
18%
20 %
\ 5
July
18
May
18% Aug
70 /. Jan
;;
1,965
330
25c
;
8,700
16c
39c
41c
;
; 4,300
26c
73%
-
—
75
51%
51%
.
25
20%
20%
21
310
29%;
29%
29%
80
12%
20
13
525
*
14c
14c
14c
•
National Sewer Pipe class A
—
*
National Steel Car
———*
30
30
30
Calumet
New
Newnorth
Nib
91c
.
1
28%
12
Malartic Mines
Oil
1
Norgold
j
Normetal
Mining
520
2.51
24
1.50 Jan
16,650
12,800
28c
1.30
13,579
60c
4,500
23c
25c
28c
64,900
2.70
2.95
2,650
54
55%
2,369
75c
50c
80c
83,000
18c
18c
7%CiC; 11c
O'Brien
Mines
Gold
Oils
32
Mar
62c
33,870
22
"49,700
10c
48c
5,500
; 45c
12c
20,300
8c
75c
2,500
11c
10c
71c
~7
%
•
•
•
7
6
2.06*"
2.00
-
i
1.03
:
2.06
51c
3,000
I
22c
.
23c
22c
20c
*
22 %
22%
•
17%
17%
1
33c
32c
24
Ottawa Car & Aircraft
34c
;
53c
65c
i
-100
Consol
'
1.18
65,050
95
81
95
56,400
6%
7
400
Toburh;
-
Page
—*
Petroleum
Hersey
Pamour
(new)
Porcupine
•
Mines
Ltd
75c
Finance
■'
.32
r
•
1.35
32
32
Cadillac
Paramaque
Parber
1
Mines
MalnrMc
Partenen
1.36
76,400
Class
B
United
■
605,400
35c
15c
14 %c
15c
1
,7c
...
Lto
Mines
on*
,
18c
—I
Gold
29c
common
Gold
I
Mines
Pioneer
Gold
OoM
Mines
Mines
x
of .B
C
—1
Porcupine Peninsula
Porcupine Reef
Powell
Gold
Power
Mines
43
100
169
-
preferred
.
;
.
:
Mining
Hin.sr
_
Proprietary Mines
Puray
'
—l
Jan
1
Gold
Silk
July
io7/8
10%
11 Va
4,300
58%
58%
12
1.80
1.95
10,100
12%
i3.
1.50 July
54
lie
200
10c
13%
2,000
I;: 205
11V..' Jan
54%
54%
65
'
8c
i
51
July
•
1.40
1.55
2,000
.
1.00
.1.35 July
4,200
69c
Mar
July
July
75C
1.08
93,448
50c
15c 17 %c
17,197
11c
1.30
1.30
32c
:
100
60c
Jan
20c
July
15c
17c
5,000
44c
55c
32,300
35
35
75
13%
13%
170
Cotton
*
—
1
12c
12c
1,000
7%c Jan
30c
34
•
Co
Asbestos
17% Jan
3.30
•britisu
60
Brown
May
3.45
Jan
17
Feb
22 %c
Columbia
Y
Co
Preferred
Lake
Gold
Mine
Industries
new
Bruck
Apr1
Jun
55
Canadian
l
__
footnotes
see
page
1241.
20c
24C
II,500
12c
Jan
30
565
25
Mar
17c
100
Feb
^0c
Jan
20,600
135
July
94%
21% May
Jan
15c
July
117
10
4.00
3.95
36% May
12% May
65
21c
135
Jan
Jun
108%
319
99 y2
16c
Jan
30
104% July
40,100
13%
,
220
11 %c
80
15c
Mar
60c
Aug
145
13'A
135
105
Aug
135
3.85 July
2,500
Apr
Feb
43c
Jan
v
6.55 Feb
39c
25c
7,100
18c
July
14% May
195
33%
67c
Feb
39c
July
14C
11,200
15%
Jan
;?£i8?;;juiY:
$3,000
Exchange-Cork Section
Fairbanks
Apr
Canadian
1.25
Feb
Canadian
Western
23V2c Jan
Canadian
Westinghouse
1.99
May
Jan
J«"i'8tries
Dalhousie
Disher
Apr
Dominion
93c
Apr
Dominion
39%
Aor
Donnaconna
Aug
July
25
Aug
Aug
16
Jan
61c
25c
Aug
.
/un
Jan
Shares
■■■''
*
*
-
preferred ————*
__.-_i.__
1,
Oilcloth
-—*
Foothills Oil & Gas
*
*
P«npr
&
Ontario
Ogilvie Flour
—-100
common
Paper-,
&
i,
Shop
Temlskamlng
80-
83
25
50
Mining-.
——*
1—:
x
r
-
r
23
Jun
29
Feb
VI4
Apr
18
Jun
5
;-
50
Aug
50
38% May
42
41%
10
23 ya
365
12
38
40
150
31% July
v
3Va
52
10
3.80
32c
18%
50
22V2
:
23%
38
225
85c~™«THh
Feb
22 % Aug
Aug
38V2
75
39
18 Va
17
18 Va
475
15
2.05
1.80
2.20
4,790
V 1.50
.V
Mar
Jun
25 %
463/4
28
5072
20
2.90
3,200
25c
* 25c
25c
344
—
11c
2V2
10V2c
Jan
44 V2 Mar
1,870
80
22%
33
2.95
21
Apr
45>/2
Apr
45
Jun
20%
Apr
2.20 Aug
39
'
Jan
'
80
20%
33
2.75
—
23%
240
Apr
Julv
38
42
;:
Jun
Feb
61% *Feb
July
15% Mar
3,000
AUg
43%
*
10.895
Aug
July
Aug
2.80 Mar
1,500
„
44
Apr
Apr
'.75
41%
3
Apr
8Va
25
•,
vj; 50
55
55
18 V\ 2014
35c
35c
Mar
185
July -iiu 104% Apr
29% July
'19% May
21%
—,
—
;
78
70"
.
•'
23
15%
Aug
35
78
47/a July
525
,
28
23
15%
J
—
——
i_-----1
Southmount Investment——I
---°
Stop
I
20
35c
48V*
common,
Langley's preferred
Oreille
5,775
—
——
—*
Pf.o"'
22
—■
_—
Paper
Minnesota
6
50
:
55
High
vjv;';;
Aug
Aug
160
80
—*
—
—
—
—-—2
Lumoer.
Paper
PT*loq">
165
81,
»
Low
26
110
26% !, ,/
:• -V. 245
60
160
5%
5%
—
———*
57
60
—;
*
.
26
—
Bange Since Jannary 1
High
Low
—
Oil
Steel
24 %c
22c
for Week
—J——*
Vickers
Jan
16% May
Sales
Bangs
of Prices
—-—...
1.15
40c
Week's
Sale Price
—-—*
frHimcmn
1.57 Mar
14
24
40
28%
21c.
100
Sugar:
Apr
25% July
22c
60
105 105%
1
2.15
Jan
830
1,100
25
210
Friday
Bronze———..———
Jan
117,200
July
16c
*
Pulp & Paper com—*
Dominion
20
61c
18c
28c
24
33
—
&
80c
14%
26c
15
Hayes .Steel
14
5oc
3.95
Vir>oears
Tnt«»rrmttoP*V
56c
Juiy
31c
Silk
Canada
Canada
Feb
•
28c
99%
—100
Feb
,15
Feb
1
common
4,500
13%
—i ^
-
Jan
17 V4
30c
28%
»
common
38c
180
1.69 Jan
•
L
64c
355
July
210
100
Preferred
Feo
Aug
12,250
Aug
59c
16C
Corp
July
25
159
Feb
13.100
24
Par
15c
87C
108%
2,404
90c
26c
•
Mines.
8.10 Feb
3.80 July
3,600
80c
30c
•
Apr
25c
17%
4.30
—*
—
Jan
4,400
24
4.20
138% 150%
Last
32,000
80c
Mar
86c
-
24c
17%
40c
Osnsdlsn Funis
49c
*
July
141
STOCKS
22c
•
lie
4.25
Toronto Stock
40c
in
2,100
—.
1
Oil
lie
Aug
Bonds—
_1
Oils
Feb
lie
Mines
July
12% July
8c
July
87c
40
*
100
Gold
Consolidated
;
48,300
Aug
1
Jan
1.75
f.
8
22c
*
Alexander—
Jan
57c
.Feb
Aug
33,800
lie
Feb
4.95
12% Aug
9%c
8
30c
100
Jan
47c
1.70 July
Feb
8
24C
Feb
1.95
vf;
16%
9% July
3,066
8
29c
:
Feb
1.06
Mar
•'■••13
10c
•
Bank
For
1.58
1
Long Lac
Ryanor
1.50
1CT
•
•
common
Uchi:
£'-•1.63 Jah
•y, 52c
^
Feb
Feb
Feb
July
July
18,500
5
—1
Mines
Mills class A
Rouyn Merger Gold Mines
Russell
13
24c
Rochette
Rush
80c
13
1.95
29c
76c
16 %C
Macdonald.
Roxana
66c
13
May
13%
3.10
8Va
1.93
Jan
(■,
35c
May
May
■>
6,815
14,500
Preferred
Winors
Feb
35c
Aug
July
Aug
66c
31
58
;:
2.48
7.70 Mar
9,050
Jan
v U
Jan
Jan
6
ii y8
Wtltsey-Coghlan Mln««Winnipeg Electric common
2.85 Jan
K
99 %c
Gold-dd
Rovcl
88c
145
2.30
Vank»»p
22c
1,515
72c
■;■
Mar
24
40%
50
; 7%
Knitting common.
2.70 July
3.80 Julv
10,000
42% 42 %C
95c
Kegcourt .G.0M
Royalite
22c33%c
85c"
1.55
——
Roche
32 %c
-
Queenston Gold Mines
Quemont Mining
Robinson
900
12% May
45c
10 >/8
——1
Vtnlr
46c
.•
(V;
•11
common—
Ltd
Canadian
Gold
Manitou
Riverside
4.40
40
—
yueoec
Richmac
4.15
12%
1
Quebec
Reno
4.15
10
common—
Preferred
Reeves
9,500
—
Mica
Purity Flour
3.15
X80, Jan
Aug
2.45
—-
Products—
Grocers
Jan
3.00
,^Jan
sjf.»
Feb
35
July.
no.!; 39c
IktiAOd '/a May
Julyt
9% Mar
18c
20
26/
52
52.
7%
25"
:
Consolidated
Jun
14c
25
an
_—
Ltd
York
40c
2.366
Jan
Feb
85c
6,000
common
Jan
1.65
July
;
103
2,285
Wright Hargreaves Mines.
12c
3.10"'
_100
J,
oome
:H 19C
Mines.
Jan
18c
1.00 July
10%
20c 24%c
,
11% Maytrbfli ?(14fTB.Apr
10
10%
...
54 V2 May
7% Aug
12% Aug
5.35 Feb
80c May
;
15V4C July
3,700
•
July
•
Feb
81
600
V
20
27% May
,
May
11%
25
330
18,850
J*v
Aug
8%
Mar
1.31
Feb
1.95 Jan
.
,
——1
Wood
July
99,600
35
13
1.20
—•
-
—
Feb
5c
1.55
1
Co.
Premier Trust
o-ov. r\M
1.28
23c
135
:
1.11
:
Preferred
Jan
71
75c
•
>_>.
onM
20c
2,050
103% 103%
100
Lake Gold
Westons
95c
'
4.10
i .1.25 May
25:- July
1.20 July
2.40 Feb
25
Augvs'iiH 65 no Apr
36
Jan..'! tv46%,;Feb
142
Jan &ct/m7fl&ojJuly
6,700
——•
:
45c
4-20
170
12
12%
_1
Feb
50c
10
V V
169
'
12
common
—1
West
3,500
17c
1
x
certificates
trust
Corp.
n-prrner
1
Gold
Rouyn
Voting
1.28:
1
t
Pickle-Crow
20 %c
12c
25
19.
West Malartic1
July
July
78% : 78 V2
:
Piccadilly
5,500
«
33,600
28*
——
Westeel
18,200
62c
♦
:
Pen-Rey Gold MinesPerron
■
63c
54 %c
■
1.75
Mines
Jan
Jan
t
Feb
,1.09 Mar
,
•
Apr
2.59
.
1
Steel
Jan
30c
Jan
2,150
31,900
•
43
-
43c
July
July
2.15 July
173
■.
25
Ventures. Ltd.
Mav
1.00
Jan
Jun
3.25
45c
5% July
11% July
3.05 July
48c
July
1.55
—
37c-
57c
8%c Aug
10c July
,
52% July
1
80c
8Rc
28%
July,,..,v
1.50 July -fi
Jan
40c
13,600
12c
J
Malartic——
.,rti
Penmans
12c
3,150
0
Apr
20c
175
1.25
9%c
'
Pandora
8,225
18,600
----L—1
———1
Trust—
•
90c r
July
July
60c
2.60
21
Upper Canada Mines Ltd
Jun
7c
;2.I2
56c
*
United Corp class B —
United Fuel class "A".
Jun
70c
1.90
Jan
45c
24c
July rvity
165
;
Vlcour
26 y2
1,700
10
9c
310
;
■
■
Viceroy Manufacturing
21%
8,000
20c
"100
Mining
Wekusko
75c
Feb
4.45 Jan
:
'v
Union
Jan
7%c
3,000
15,500
Explor
3.85
75c
25c
2.50
—*
Wasa
7%c
1
Apr
40c
•
—
—
Waite-Amiilet
Jun
92% July
95
Jan mifx
13c
1
„y;'
Mines
Walkers (Hiram)
6
Jan
>
common
i
Feb
July
July
July
60c July
Jun
Apr
July
1.00 July
22% Jan
-
Thurbols Mlnwr -;•;■■■
Apr
95c
12%
20% July
Jan
7
200
800
10
Jun
Apr
.
May
,1.50
July
Jan
17
12c
50a
Gold
common
6%
;
24
10% July
75c
400
Aug
10% May
Jan
50
G)
9%
July
15c; July
16c July
18%
21 %C
1
Mines
Cons
Inlet
Jan
1.40
y <
250
88
50c
Aug
6% Juiy
-•:45 ;■
19
84
1^
22c
1
18
—.1
Union Gas r>t%
2.24 May
13% Mar
61,000
1.07
*
Oils
Pacific
Apr
Mar
33c
Aug
July
/
■■
9'/a
1
95c
.
15c
5,355
7%
21%
9%
Mines
Transcontinental Resources
Jan
15c
Jan
25c
7%
2.50 July
Yellorex
Pacalta
Feb
16,205
Traders
Jan
14
15.800
65c
1.13
1
—,—
16%
23
Apr
35c
19c
233
1
——
Mar
2.70
Jan
40c
2,375
18 %
1
Mines
10
225
2.55
iron
y.r Class A
Towagamnc
1.05 Mar
r
July
July
46c
37,000
Osulake
Jan
"
Rook
1.53 July
9,785
Omnitrans
;
1.55
79
6% July
26,300
Mines
July
13c
5%
100
25c
1
!
65c
y
80
Toronto Iron Works
May
30c
;
July
Aug
70c
400
6
24c
Gold
Feb
8,100
84c
'
1.39 Aug
33c
6c
500
Lake
1.50
165
Tip Top Tailors
J.2o Mar
7,000
15,500
Osisko
July
—i.-25.
Teck-Hughes Gold Mines
30% Apr
r
.
July
22c
Orlac Red Lake Mines
90c
155
General
May
Aug
45c
Orenada
8,900
18,100
Toronto
17c
■
1.90
48c
common
Jan
1.24
•
common
Thompson-Lund Mark Gold Mlaes
,
Apr
13% July
20c
Apr
J 48c
20c
Exploration
Jan
1.12
18% Jan
90
Elevators
500
45c
Crush
1.40
95
——
Preferred
Jan
•
Preferred
July
20%
21
Preferred
Feb
•
Orange
108% Mar
m
July
35c
20c
Gold
5.65
OXeary Malartic Mines
Omega Gold Mines
—
Jun
Jun
20
10%"10%
•
—^
Toronto
72%
45C
Ogama-Rockland
Okalta
Jan
59c
9,675
31,700
700
Canada
01
Tamblvn
May
Aug
1.69
—5
_»/./
——
Jun
May
1.10
—
Taylor Pearson & Carson
May
81.
July
16%
*
Preferred
•
-i
36c
25,740
Tombill
July
2.55
1.75
•
North Star Oil common
101V*
70
78c
_
Taku River Gold Mines
Feb
30%
15 %c July
45 %C
•
Northern Canada Mines
107
70c
Sylv&nitd Gold./%•
Aug
,54-
19
Mines
105
40 %c
*
Vlllbonna
Northland
36%
11
July
Aug
•
Ltd-
Jan
1.07
52
Jah
26c
1
Corp
Mines
24
1.00
^v2F:: May
Aug
Jan
24c
.lie
Mines
Inca
205
10%
July
Feb
1.20
Wv '.•ijir-
:
1
Norseman
North
32
*
49c
July
29
26c
.1
:
—
31
•
—
Feb
Mar
2.70
,
:
11c
54%
5
—•
,
40
-
45c
Apr
16% Mar
50c
24c
Yellowknlfe
Jan
.
Jan
22
r
>
Aug r.jj
36c
1.20
-
Mines
Noranoa Mines
Nordon
2.25
48c
—1
Nlpissing Mines
27y2
90
25% Feb
July
25
25 %c 26 %c
2.35
Mines
Gold
Norbenlte
25 %c
X
:
200
16c
22% Aug
,
.
45
I,000
Bidlamaque
106%
102
34%
^
Surf
"
Aug
108 %
Feb
1.055.
65
Co
Bulllvan
Jan
5,155
25c
New.
Aug
'
102
43c
common
Sterling Coal
Sturgeon River
Sudbury Contact
Mar
22
July
July
60c
Mines
100
18%
Steen
.
Negus
10
13'/8 July
6% Aug
Mar
34 %
Co—^5—^——1
Olson
Preferred
Apr
Feb
36c
Feb
38
Steel
Apr
Aug
6.65
5,3 70-
20%
class A—
10
Jan
Jan
15% May
15% May
12% Aug
5Va July
Steeloy Mining Corp
Jan
8 Vac
Jan
6c
33,500
19
*
Mills
60
78c
common
Stedman Bros—
1.70 Mar
July
July
59c
Petroleum
18%
15c
Paving
i Preferred
Feb
76%
,;0
....A
Preferred
18%
78c.
Standard
■
Jun
14c
Aug
July
35 %c
62
common-
National Hosiery
850
Rights f'
Feb
26 %
Aug
5c
National Brewing
National
2.08
July
765
1,184
Mines
Standard Chemical
Jan
45c
:
6c
5c
100
:: 51c
v
54 %
.
22c
uroceus
12
14
Apr
3.65
Jan
July
6%
V
82c
1.01 July
1.66
12
Jan
26% Mar
July
550
12%
tr'-"
16% Jan
1,900
1,455
59,748
1,000
Long Lac
national
::: 64,125
14%
6%
105
-
Sturgeon
1.420
7c
21%
Jan
;
Jan
100
Mylamaque Mines
_i.
Btarratt
56
54%
•
common
1,200
3.10
13
31c
23,450
12%
»
Stanley Brock class
1.15
Locomotive
Corp
Mosher
1
Jan
87c
I
Beat St Power
Jan
1.63
;
Apr
18c
Light
Feb
July
21%
220
12%
1
12 % May
8.00
/
Jan
5uc
12%
100
35%
40c
Gas—-
Preferred
Moore
:
6c
55
21 %C
Monarch Knitting common
tfoneta Porcupine
14c
July
1.14
2.77
1
Mines
21
1.15
common
May
40c
*
Mines
190
•
24
23
.23
•
.
Containers
pfd
new
new
11% July
12
Gold—
&
8c
22c
*
28% July
29
11%
21.
Oil
2,000
-;%23'::
1.10
V
Jun
51,700
40c 50V2c
*
A :new
350
17%
29
—
Mining Corp
Model Oils.
14
Apr
47,260
'
'
Co
Stadacona
Jan
2.20
July
28C
11%
Mines
Mid-Continental
11c
12%
Dairies
Malartic
Springer
15 %c
1.39
,
Mines—
Lake
Feb
22%
2.99
-
new
Southam
17,% May.
,
15c
V
5c
McWatters
Modern
500
5c
24c
McLellan
McMarmac
.July
,13
875
1.10
*
——
'
6
34c
)
;
class
liq
Preferred
Sladen
;t
Feb
12.%
19c
—*
*
Mines.
i'oicupine
aacjuityie
Jan
7%c
*
McDougal Segur—■—
11%
3.80 July
6%
B
May
luc
28c
—————20
•_
.
Apr
2,625
15
:
3c
2,480
75c
•
—
Siscoe Gold
Jan
9,500
4.50
23c
1.10
Mines
.
class A
Western
Class
Jan
3.75
Jun
68c
B
oimpsons
Jan
95c
112
v
-
Feb
July
•
5.45
July
July
1.50 July
1.39
■
.
class A
Grain
38c
19,100
7%c
—1
common
Preferred
14%
2.45
.
68,880
11.85
19
Feb
4.35
50c
common
preferred
Silver
July
3.75
17% Aug
16,200
70c
1.90 ;.j
4c
35c
82
■
•■
'
1
—
Marlon Rouyn Gold
Martin-McNeely Mines
McCabe
14%
17,780
3.25
60c-
11.75
10
Maple Leaf Gardens pfd
Maple Leaf Milling common
2,460
•
4.15
2.90
1
Mines
Fields
Gold
'
1
Gold
Lake
Red
1
Mines
Magnet Consolidated Gold
Malartic
3.05
26c
MacDonald
MacMillan
3.50
10
10 %c
50c
Silver wood's
Macassa
110
29c
1
-
Gold
new
39%
22%
Creek
86C
9%
Feb
72c
—1
-
Pherntt.-Gordon
V 30c
Aug
30
<
•
-
-
—
Shawkey
3:15 Aug
•
Mines
7
210
110
—.—.———1
Gold
1.46
3.45
V
High-V
200
33
4.40
Foto
••
7%
32 %
32%
Bange Since January 1
High
7%
i—50
;
St Lawrence Paper preierred
100
San Antonio Gold Mines Ltd_i———1
34,700
,
A
Shares
Low
<
Par
for Week
Range
of Prices
Lawrence Corp common—r"
Class
9,200
50c ;;
30c
3.50
Gold-
Yellowknlfe
37c
VV
1.74 July
27 y2 Jan
'
St
Jan
Apr
8%c May
1.55 Jan
2.10
34%
70c
Aug
1.01
35%-
.
"V.
v
23 %
::V
'
1.20 July
33
jliouvicoui i
Jan
2.00
Class B
Lynx
1.42
July
1.12
Mines
Groceterias
Loew's
390
: V
4%c
1.36
25c
19 %
§00,390
• ■<■::?:
High
2.08
Gold
Lake Gold
Lingnntn
Little Long
22
4c
*
1.38
Ltd-
Mines.
65c
21%
4%c
Low
Sales
Week's
Last
Sale Price
Bange Since Jannary1
High
39C
21%
Oro
Candy
Friday
STOCKS
for Week
of Prices
Low
oecura
30
Sales
Sale Price
Laura
listed markets
range 1< or week ending august
:
•
Monday, September 2, 1946
2,860
10
-
56
18
Jan
July
32% May
2.70
22c
July
Jun
2%
1,000
2% Aug
11c
5,500
9%cJuly:,,
59
85
Apr
Jun
27V4 May
33% Mar
5.00
31c
5
33c
Feb
Jun
Apr
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4521
[Volume 164
1241
OVER-THE-COUNTER MARKETS
v.\^4
Quotations for Friday, August 30
'
For
Quotations
Specialists
y
'
in
|!||||Shaskan
OVER-THE-COUNTER SECURITIES
"
Markets
250
'
:
40 Exchange Place, New York 5, N. Y»
ISSUES
ACTIVE
Tel:
•-
WMT
illtll
WW
1920
Established
Direct
S
JSr
»
DIgby 4-4950
Bell Teletype
1-1287 & 1-1288
Tele# NY
Association
Members New York Security Dealers
Wires to CHICAGO — PHILADELPHIA
Reorganization Rails
•••
(When,
Bonds—
Investing Companies
ist 4s
19.83
11.12
Oil shares—
9%
S-3
14.37
15.81
S-4
6.08
of
Tr
lnv
Fund
Investors
2d
Mutual
Preferred
1
6.48
21.00
22.70
25c
1.67
1.83
y;
■■
16.89
Corp
Flm 'Mutual Trust
18.05
27.50
.
New
2.44
Fund-
6.76
Fundamental Investors Inc
16.20
&
Grande
Rio
25
com
W0:W
58
St Louis & San Francisco com
72
•
Preferred
,
6.30
8.64
9.50
.
Aetna
6.25
shares
American
8.88
Building shares
9.76
9.60
5.63
9.78
4.49
4.98
4.44
4.94
—
—
American Fidelity &
American of Newark
Re-Insurance
33
35
Reserve
io
19
21
25
67
70
National Fire
42
44
14.78
7.90
8.69
Baltimore American
13.72
15.07
Bankers & Shippers
11.33
Boston
10.09
11.09
16.12
v
11.19
12.89
15.47
16.99
8.50
9.35
12.95
14.22
Metals———————
—
11.66
12.80
—
Mining shares
5.46
6.01
City of New
&
(Geo)
7.85
Bond shares
3.62
3.99
Equipment shares
5.28
5.81
5.65
6:22
Railroad
stock
shares
5.96
shares
Utility
1
Holding Corp
5.53
6.28
shares
Tobacco
6.56
5.02
Steel shares
6.91
1.00
80C
Pomeroy
»——
1.84
1.89
28.13
10o
Incorporated investors——.—0
17.64
16.10
1.03
83c
1.09
35.64
15.83.
Series
B-I
29.89
28.52
—
6%
93
——.iL—25
102
107
35%
Pacific Fire
63
66
Phoenix
86
90
73
Preferred Accident
58
60
Providence-Washington
of
Fire
V:y
.
60
63
5
10
5
30
Glens Falls Fire
17.96
Globe
& Republic
4.57
Globe
& Rutgers
Republic
14%
50%
Revere
10%
J
5
U
S
io
,
10
25
Series
O
86C
lOo
series
:
U S Guarantee
49%
_4
57
60
—..io
U S Fire
47%
86
91
—
■
Fire
\0
115%
Westchester Fire
2.50
37%
Union
61.00
7.20
Recent
Security Issues
7.87
10.62
22.36
21.59
Rid
.
V 24.44
19.79
1
Wellington Fund
Bonds-
Tenn Gas & Transm
American Airlines
3s
1966
95%
1976
100%
1976
104%"
105%
1970
101%
Diversified Trustee Shares—
2%s
2.80
D
7.30
•
2.77
1
1955
B-3
Scries
B-4
10.26
11.27
-—1961
1
—
98%
104 %
100%
101 %
100
100 %
105%
1976
101%
102
Iowa Pub Serv 2%s
3.66
102%
& Gulf
Laclede Gas
Lt
Ry 3%s_1980
3%s
Preferred Stocks—
Par
American Airlines 3%%
..Ij:
Central
101
Maine
Pow
1965
104%
105%
Central
Monongahela Pqwer 3s
7 3.13
&
99%
—1976
Illinois Power Co 2%s
Kans Okla
'v
102 %
Power
101%
3s
Gatineau Power 3s
Independence Trust Shares
North Amer Trust shares—
1975
106%
107 %
2%s_,
Power
& Lt
95%
3.50%
4%
1224
TRUST COS.—See Page
1975
102%-
1027/8*
Mt States Tel & Tel 2%s
1986
100%
101%
Ohio
1976
102%'-
103%
1976
101 %>
102%
102
103 V*
100 V*
Ruppert
Service
2%s
Pennsylvania Electric 2%s
Philadelphia El Pow 2%s
1975
Gas & Coke'3%s_1976
Portland
Public Serv
(Okla) 2%s
102
1975
Scranton-Spg Brook 2%s__1976
Seagrams
(Joseph)
2%s
1966
0.90%
100%
99.22
99.26
100.6
100.10
103%
104
V'//7
Oct.
101
City Gas & El 2%s
*
1975
bl.10%
102
Scranton
98%
Union
«
vy: Other
•
United Stales Treasury
Issues>^'1777/777:77/77:;
1947
Panama Canal 8s
1961
100%
129
Rates quoted
131
Matnrity—
15.
1946
1%%
100.5
■
7-Vr,
Dollar
Certificates of Indebtedness—
Maturity—
Ask
100.6
t%S Oct.
Bid
Sept. 5.
IV* %
100.5
100.6
1947—
1947—
1948-
1%%
100.19
100.20
t%s Nov. 1,
i%%
100.11
100.12
t%s
1%%
100.31
103%
105
102
V"
105
107
106
♦
$3.75
104%
104
3.35 %_
101
Bills
afli Hi?J :
f<yr discount at purchase
are
7'
-,■' Ask
^
^
Dec.
1,
Oct.
0.33%
Oct.
b0.375
0.33%
Nov. 7.
Sept.
1946
b0.375
0.33%
Price 100 Plus
b0.375
0.34%
Bid
b0.375
0.34%
Oct.
Oct.
A«k
3,
10,
t%s July 1, 1947
t%s Aug. 1, 1947—
t%s Sept. 1, 1947 w 1——
.0201
.0181
1946
sale—not
.0122
—
1946-
0.35%
1946
24,
ibO.375
0.35%
aaaiM
1946
31,
_—aaihJtiUiit: b0.375
1946
Nov.
0.35 %
b0.375
0.35%
«.afcb0.375
0.35%
.b0.375
0.35%
jo
14, 1946
Nov. 21, 1946
29, 1946—
.0116
,.0174
.0099
t%s Feb.
0.34%
b0.375
.0085
.0109
V/bS Jan. 1, 1947
b0.375
>'■ Ask
M.375
Nov.
26,
.0129
1946
1, 1947
V/bS March 1, 1947.
f'/as April 1, 1947
t%s June 1. 1947_——
0.28%
b0.375
■Oi&ti'ObnBM
1946—
17,
1946—
1946
1946
Sept. 12,
.0052
1946
Oct.
Sept. 19,
"
.0024
1, 1946
march 15, 1947.
tSept. 15,
tSept. 15,
I Sept. 18.
102
108/1 109%
'
Figures after decimal point represent one or more 32ds of a point
tDec
(Cal)
103
101
100
Spring Brook 4.10%
E 3.90%
100
Oil
107%
102
Sioux City G &
,102
106%
106%
—
Quotations For U. S. Treasury Rotes
Bid
Electric
Scranton
Treasury bills—
Int. Bate
(Jacob) 4%%
110
105%
7
15, 1946
U S Conversion 3s
'
■"•
Loan Banks—
Home
Federal
100%'
""•/
102%
97%
3.90%
Pennsylvania
Ask
Federal Land Bank Bonds—
'
101
Sioux
Obligations Of Governmental Agencies
Vay
99%
Service
Public
102%
108%
Electric 3.70%—
Philco Corp. 3%%
Public Serv (Ind)
3.50%
Power
Public
97%
107
101%
Koppers Co $4
Monongahela Power 4.40%—100
Montana
96%
■
96%
104
100
Ohio
20%
U 8 El Lt & Pwr Shares A_.
Aak
101%
102
Yonkers El Lt & Pow 25/aS„ 1976
101%
Calif Elec Power
2%s„1966
Light 2%s_1975
Utah Pow & Lt 2%s
1976
Texas
96%
Bklyn Union Gas 2%s
Unit Type Trusts-
Series
11'tA
40
95c
9.71
—
Fund B—
Preferred Stock Fund
Series 1956
Bid
34%
655
1.13
Series
i-
122
32%
640
7.79
Hartford
22.13
20.40
1950-1948
1%S May 1, 1952-1950
Cl%S Jan. 1, 1953-1951
2%S Feb. 1, 1955-1953
56 ■y:*7
15.00
B
30.25
1,
76 .v:
35%
117%
10
Fidelity & Guaranty Co..2
28%
30%
120%
73
53
33%
12%
100
30%iy3 2%
.
26%
—
Travelers
.99
7%
32
24%
Standard Accident
,
6%
•'
30
Security New Haven
Springfield Fire & Marine.
34%
io
2
15
40%
_io
Seaboard Surety
53%
13%
38
IlO
St Paul Fire 8r- Marine—
9V4
American
(NY)
Fire
22%
31 y2
95
Corp
24%
5
15
n
(Texas)
(Paul)
io3
10
38%
>
Fire com—-15
preferred
Great
36%
20%
■
Reinsurance
108%
t
22%
lo
Corp
Marine
&
4.15
20.24
Scries
18.59
1%S Oct
'
188
24.51
27.63
FOR NEW YORK CITY BANKS &
1V4,
89
183
16.70
23.77
Fund
Bond
B-2
Series
5
ff 69
20
A—-
Union
16.18
Keystone Oustftan Funds—. f-
54%}
24
"i^Kn
Northern
10
General Reinsurance
1.01
17.37
32.79
2.50
10
Franklin
1.21
15.86
14%/;16%
8.
—
—
River
20
10.67
58.00
.
.
I—IlO
Employers Reinsurance
13.59
Unicn Common Stock
Securities Ltd—/;
Aviation Group shares
Bank Group shares
Insurance Group shares
Stock and Bond Group sharesInvestment Co ">f America—10
Investors Fund C_—
—1
:
13%
25c
30.25
Institutional
-
104V4
State Street Investment Corp—
Common
•
30%;
2
Pacific Indemnity Co——10
5
7.11
6%
162
33
10
1
Sovereign Investors
Standard Utilities
y
32%
,
I
10
112.11
Casualty
Fedferal
—
Fidelity & Deposit of MA
Hanover
Trusteed Industry Shares
Income Foundation Fund Inc
JO
*'
n
■
<
Newark_.-__
13.86
59
2
20
Northeastern
of San Fran
109.89
4
10
53%
Fire Assn of Phila
*
8%.
52
24%
73
^
Firemen's
2%
7%
4
:
30
New York Fire—-
51
5 i
Fireman's Fd
6
V
New Hampshire Fire_s..—.10
North
7.98
—10c
28
„_io
31
2nd
Scudder, Stevens & Clark
Fund, Inc
Selected Amer Shares
18%:
93
(Detroit)
•
Schoellkopf Hutton and
Railroad
■
_
1
Republic Invest Fund—
16%
88%
NY
New Brunswick
•
9.71
—
39
1
B
J_,
Amsterdam
70
10
Employees Group
1
Trading
Fund
^
75
;
10 y.. 22%:
Crum & Forster Inc
Gibraltar F<rs
Putnam
36
»
Liberty
24%
8.77
•r
New
.
12.37
——————
7.14
shares
York
'
23%
10.35
—
Petroleum
71 ya
'
5
7.25
7.97
——f—
Monarch Fire
Casualty
National
79
9.41
7
——
Railroad equipment
Steel
—
9.58
1—
Low Price Shares—
Merchandise shares
—*
—
yy
7
75
_.
12.30
y,
16%
102%-
■
1
■'
Camden Fire
.
j;tockr-—
30 y«
99
12%
—
National Union Fire
6%
—1Q
—
>•
y...
25
12.45
11.73
Tobacco
-
___2 %
1
-
,
10
14.68
equipment
Fire
National
Surety
10
10
Assur..!
Mfrs
American
Merchandising
':
Merch &
46 '■:>
15
19%
American
li 11.04
10.38
8.72
Merchant Fire
American
Machinery
Railroad
Maryland Casualty
Massacnusetts Bonding
7.52
———
—
io
^ Insur«nM 01 * *
22%%
/.
Fire
18.39
10.04
Electrical
7 7 Insurance
10.97
9.45
20%
12%
Connecticut General Life
9.19
10.45
18%
11%
118%?
Continental Casualty
10.00
Institutional bond shares
12 Ve
2%
16.03
:7V Public Utility
9.17
9.10
34
10%
Casualty.B
14.58
.""■Oils
8.36'
31 %
5
12.01
7.99
8.34
%20V,
4
—5
14.60
6.68
shares—
Petroleum
.10
Casualty
American Equitable
Automobile
^
13.13
bond shares
Insur Co of North America
_
stock——.———
7.27
Administered
82
Automobile
13.27
10.55
Industrial Machinery shares-
79
43
28%
o
—
13.46
•
I—
6.07
—
Homestead
Home
17.47
1
.
Food shares
54
■,
81«
Par
Hartford Steamboller Inspect-lO
y
6.79
11.96
shares
Electrical Equipment
52
American
10.93
8.10
7.37
shares
98
59
10
American Alliance
9.15
8.26
8.85
series
Chemical
shares
77,/v7.7v-77\7/7--:,77.7
Aik
95
56%
.—28
7 Diversified Speculative
4
10
«.—io
Life
> Diversified Investment Fund—
Group Securities—
General
Bid
a??!?? Ca8Ual & Surety,—
Aetna
5.00
-—4'
England Fund—.
Bank
~6.62
Insurance Companies
7.52
Building supply
Business
Equipment
47.22
v
36
75
Preferred
Income 75-year 4%s
8.21
Aviation
7.26
6.33
General Capital Corp——
General Investors Trust—
7
Denver
Francisco—
Agricultural
stock common—
Automobile
17.75
Fundamental Trust shares
,
1993
San
8.12
5.66
Agriculture
7.55
Fully
7.40
New York Stocks Inc—
51%
49 %
-10
Stock
29.61
2.23
Inc
Ftftan*faV Industrial Fund,
12.83
Speculative series
28.41
26.58
First Boston
Chemical
11,87
Preferred stock? series
Stock'' Fund
Aviation
16.25
series
Selected series
^Bahlnced Fund—
Automobile
15.14
—
—
stock
Low priced
■
Fidelity- Fund Inc
$
&
50-year 4s
17.56
77 Low priced bond series—
Howard—
Agricultural
16.06
■
y
>
series
Industrial
7.04
1
Dividend ShareB
v• ;t- -Sty
Eaton <&
10
Inc
Securities—
series
Income
153
——100
—
Fund
Delaware
Bond
com—100
Securities
Commonwealth Invest
Huron
Louis
1st
17.16
Corp——-1
National Security Series—
Fund.
Christiana
3
St
,
31.43
15.96
National Investors
Century Shares
Chemical
29.23
1
shares
Balanced
lnv
Canadian
RR
100
preferred
9.82
1
Fund
Fund
Ihvest
Natlon-Wlde
3:
100
5%
56.00
54.80
8.93
Trust
Investors
Inc
Bullock
<
98
98
•
100
Common
122.60
104
Common
Broad Street Invest Co
$
73
Manhattan Bond Fund Inc—
Blair &
;
70
Grande-
4%s
—■
Chicago Rock Island & Pacific—
7.12
Fund
Sayles Mutual Fund—*
Loomis Sayles Second Fund—10
Beneficial
94
2018
Rio
105
91
6.73
6.41
K->2
Knickerbocker
Fund
Axe-Houghton
Boston
18.58
Series
7;
Axe-Houghton Fund
Bond
31.18
16.90
Stocks
103
2019
4%s
1st 3-4s income
30.61
28.38
S-2
Series
12.07
8%
Foreign Investing_10c
Standard
Assoc'ted
27.88
8eries
Series
1
&
Income
21.77
Series S-l
Holding Corp—
American
Denver
(Cont .)-*•
Custodian Funds
American Business Shares
and if Issued)
as
Ask
1994
income
Conv
Ask
Bid
Aeronautical
Affiliated Fund
Bid
Chicago Rock Island & Pacific¬
Pat
Araerex
NY 1-053
120 Broadway, New York
Phone: REctor 2-8700
v
.
& Co.
Members New York Stock Exchange
Members New York Curb Exchange
.
Firm Trading
Real Estate Bonds
on
.0221
livered.,
.0141
.0255
.0180
.0328
.0201
.0365
.0314
.0495
.0246
.0443
a
g
lot sales,
Odd
Formerly
z
1946,
Club
x
Alfred
common
•No par
dividend.
in
range
Ex-dividend,
Formerly
and
b Yield
Aluminum
included
value,
y
price,
c Cash sale,
d Deferred delivery,
e Ex-interest.
fFlat price
Utensil Co.
k Removed to Stock Exchange, r Canadian market, s Cash
for year,
t Ex-stock dividend.
(Un) Unlisted issue,
w d When de¬
Ex-rights.
Decker
&
Cohn
'
Inc.;
name
changed
to
Society
Brand
Clothes
July
29
stock split on a 3-for-l basis.
tin default.
tThese bonds
are
subject
to
all Federal taxes.
TEx-liauldatlng
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, September, 2, 1946
Week Ended
v
i;4.
Bank
j
clearings this week* will show
Preliminary figures compiled by
based
us,
cities of the country, indicate that
increase
an
upon
compared
with
Third -Federal- Reserve
-
telegraphic advices from the chief
961,478
.r,,-anr
Bethlehem^._i_
for the week ended Saturday, Aug. 31, clearings
in
week
same
:
At this center there is
;,
gain fi>r the week ended Friday of 48.0%.
a
748,000,000
Week Ending Aug. 31-^-
1046'*
New York
1945
%
$4,340,513,119
485,607,697
374,928,150
+29.5
Philadelphia
566,000,000
Boston
Kansas City
499,000,000
1,971,553
263,600,707
+34.2
199,693,136
-
-
+
148,908,000
237,274,000
Pittsburgh
+13.1
:
# y#-:y-. f—
185,719,145
+
#'■
207,065,042
174,309,004
132,321,432
462,631
1,320,643
833,177
1,253,422
-■
:>
595,bOo,000
!
1,186,030
2,143,067
1,315,774
1,902,243
t5,497,157
6,110,132
3,645,888
+ 67.6
769,957,130
690,487,928
+11.5
560,613,813
5,286,780
121,547,740
+
237,853,039
+
1,179,878
2,055,189
1,247,439.
l,533,266r
4,403^600
5,335,334
133,896,042
246,345,799
20,056,300
——3,633,083
5,481,180
251,476,883
+ 62.9
1,577,166
2.4
+
Pennsylvania—Pittsburgh
■'
•#'■'>:
•//
Total .17 cities)—A
#
-
'##. .# •#•• #'
V,:.
&-
7.3
0.9
#
3,310,677
+ 10.2
3.6
98,619,536
198,096,942
18,040.100
+ 11.2
15,032,000
3,070,860
4,124,021
255,324,418
+ 20.3
6i465i40d
i'
1,926,258;
2,881,282
228,542,665
1.5
—
2,734,793s
91,804,400''
191,921,749*
12,817,900!
2,256,927
+ 32.9
2,615,720 V
201,891,750'
;
t
-
+18,8
7#
.#!,■
:■
+ 11.0
15,630,581
Mansfield-.—
Youngstown
6.9
199,314,718
'■■■
#
3,099,089'
Jersey—Trenton
Columbus
■
1
+18.9
#-
Cincinnati-—.
Cleveland
#.
V
+35.5
268,326,000
-
186,725,820
201,693,000
—
St. Louis
r>Y»Vortd
1,657,749'"
;•
Ohio—Canton^._i.i._^ij.;
+13.4
353,629,477
-
-
+ 26.3
2,408,432'
—
4 Fourth Federal Reserve
District—Cleveland-
+48.0
-
San Francisco
2,683.985
755,262
\
»
$6,423,211,067
Chicago———
+ 19.9
i
1,460,584
546,000,000
1,706,776
3,389,630
»J
Total (10 cities)——
Clearings—Return* by Telegraph
577.073
+ 40.1
###/
Delaware—Wilmington
New
*
1,261,760
#:688,759
York
for the week follows:
summary
+ 48.0
1,266,516"
4.0
-
Wilkes-Barre
Our comparative
i
—39.9
Lancaster
1945.
1944
#"#, # 2,045,530
Philadelphia
Reading,
the
Aug. 24
or
1,256,306
1,718,675
674,600,000
-
Sfcranton—
$9,902,713,389 f6r
649,790
1,216,024
# ; Chester
preliminary
$11,782,756,930; against
Inc.
District—Philadelphia-^
Pennsylvania—Altoona
total
at
1945.
#..$#■;;;•• .Dec. % #?.##■"#
for all cities of the United States from which it is possible to obtain
weekly clearings
will be 19.0% above those for the corresponding week last year.
Our
stands
?:
;# ##■#'.#;#'■
year ago#
a
V.,-1946
666,284,627
645,226,958
+
3.3
VV
r#
.}
.
548,740,029
505,712,570)
•
Baltimore
Ten
;
cities, five days-A.-**—
#;#7#7*#:#aii cities,
one
+19.3
'
j
Fifth Federal
Reserve District—Richmond--
$9,036,864,569
$6,521,870,390
+38.6
West
1,941,589,630
1,497,777,225
+29.6
Virginia—Norfolk:
Richmond^
$10,978,454,199
$8,019,647,615
+36.9
804,302,731
1,883,065,774
-^-57.3
District
$11,782,756,930
$0,902,713,389
+19.0
Total
#:### other cities;five dayffj————
Total all cities,
## 110,892,445#
five days-
—I—
day.
-
Total all cities for week.
.
Virginia—Huntington
;
■
South
,
Carolina—Charleston:
Maryland—Baltimore
j,
v,
of
Columbia—Washington-
(6 cltfes).
Complete and exact details for the week covered by the-foregoing will appear
in
issue of next week.
our
We cannot furnish them
today, in
much
as
# sixth Federal Reserve Dfetrlet—Atlanl
the week
as
ends Saturday and the Saturday6 figures are not available at time of
going to press.
Tehfaessee—^KhoxvOldi^^-
Accordingly, in the above the last day of the week in all
Georgia—^Atlanta
Augusta—
cases
In the elaborate detailed statement, howevef, which we present furthet
bel6W,
to-give the final and complete results of tfie week previous—the week
;
Macon
Florida—Jacksonville-
are able1
we
ended Aug.
24.
For that week there
was
increase' of '
an
Alabama—Birmingham!—^
Mississippi-i-Vicksburg!
clearings for the whole country having amounted to $10,462,685,005 against $11,910,same week- in 1945; Outside of this city, there was a gain of
10.8%, the
491,184 in the
cities according to the Federal Reserve Districts in which
they
Total
Seventh Federal Reserve District—
Chleago—
this it appears that-in the
ister
New'Yoi?k'District (including this city) the totals reg¬
improvement of 13.1% in the Boston Reserve District' of 7.6% and in the
an
(10 cities)
We group the
located and from
are
—
Mobile——
13.8%, the* aggregate of
bank clearings at this center having recorded -ari increase" of 13.0%.
-
Nashville-
has to be estimated.
Michigan—Ann Arhnr^
*.;
.
•
.
Grand RanidA—.
;
..
:.
»
Philadelphia Reserve Bank of' 11.5%.
In the Cleveland Reserve
District the
Indiana—Fort Wavne,^^
indlanapollsi
totals
larger by^ 3.3%> in- thef Richmond Reserve District by 1S.7% arid in the Atlanta
22.9 %
In- the Chicago Reserve District * the totals * recofd an
are
Reserve District by
South
increase
an
of
6',4%V the Dallas Reserve District" of 32.5%
Franciscb Reserve District of' 13.2%.
*
.
\
-
.
"k
'
In the following
furnish
we
a
Sioux Citt^.#
Chicago-——.r—
r
Ended Aug.; 24—
Reserve District*
###77##:v
1st
cities#
-12
2d
New
3d
Philadelphia
York.—
10
'^
7
Rockford———
769,957,130#-
690,487,928-
+11.5
# 560,613,813'
611,35i,045
645,226,958'
+.
3.3
548,740,029 '
505>712,57Q
348,083,888#-
300,878,198" +15.7
253,371,863
7th Chicago
^
512,484,061"
416,t25;30l? +22.9
377,629,488(
328,889,651
"
Lbuis-i^
10th K&nsas
#
745,556,08(5''
6
"
10
12th Ban Francisco
536,528326 'K
-t 7..18
J* ■■•■.■.># 3^2
"
349,690,497
+
v
185,659,816l
r
;
r
544,672,13S'-
"
b
m
ifai
'
■■
■■■r.,
tr
if ry;,
m
„
St.
4,842,700,702
+10.8
4,103,714,593
Inc. ot
*#■;###Dec.
'
;
1944"
New
*:
cities)
1,053,984
-
42.0
136,940,212
51,772,107
3,510,932
+
33.6
1,874,841.
+
53.9* '
# # 2,329,585
+ 27.6
859,628
+ 23.7
4,323,642^
+ 17.9
+
1,284,24111
*1,115,126 D
3,900,245 U :
1,458,707 "
3,965,454,,.
#
+ 38.0'
i
196,264,183
>
Vr#
+15.4
,
.###
1
2,163,689
•
7
1.3
331,471 : '! ■
3,939,531 i #
% 72,471,039 H
2,684,223 ' i
< ~
5,225,675
185,882,678
# 5,314,949 ' I
fe '1,097;732 f ]
80,444,133" + 11.0*
5,067,419- + * 7.2
7,110,528#
242,304,168 "
—
5.0
: +
5.2
6,951,563:H- +
3.9
1,205,231
372,212,269
■
+ 24.5^.
# 1,134,722-
1,426,923
>'
##
2.0
+
1,500,491
-
206,110#
+ 25.3
7,223,518
"##
+ 25.8 ;
692,774
292,528,974^' ##1277,846;182 %
349,690,497;r *+?v8."4|y:
4,690,774
2,746,109
152,159,000
..
113,269,000
16,284,1(50
13,476,980
Galveston.:—
3,936,000
Wichita Falls
1,785,099
Louisiana—Shreveport.
508,364
318,429,550*
+
70.8
1,773,424
—
Fort Worth
12,856,900
332,395,536
—:
4,836,122?
254,948,277
—
J;# A ."--vv
; 258,738
377,873
Eleventh Federal Reserve District—Dallas—
rtalloc
I
Dallas—
6,004,809
519,535
7.6
255,408
473,311
4,931,129
89,267,841
5,431,918
6,753,453
.j Texas—Austin
13,648,081-
5,797,289
11,728,900
+ 43.0
„
#"
Total (10 cities)a
4,068,818'
2;31'9,"067'
+ 35.9
+
1
T
Total- (6 cities).
+ 34.3
+
20.8
96,171,937
11,382,852
'11,21-2,849
2)549,000
1,149,721
#
4;996,989
#
118,094,133#
3,121,000
v
1,564,734
'+14.1"
5,932,052.
+14.7
2,718 000
#1,124,355
5,107,639
140,1-09,875 " + 32.5
111,705,270
+ 26.1
r
~
6,804,837
185,659,816
2,013,637 ' 5
89,599,000
a
:
<i& t-Hv
:f
#
V
1$
4
York^-Alban? -iirA#
.
.
|r.'r
10,796,08$
,
Twelfth
8,469,137'
'
1,832,'785
1,592,321
72,628,603 l*
Rlmlra.
.
;a4
1,320,979 *
*
6,352,518,984-
Rochester^-^..
Connectftutr-+stamfofd__
1,342,404
I
'
8,341,005"
•
+
1.5
'
1,611,497' —18.0
.
6,377,271
+15.1# '
#-
+12.7'
.1,178,635
913,593
I
#
'
9,921,500
'
963,601
57,115,000"
89i,136
5,61^,984,303
+13.0'
4,842,081,142
12,573,296
+22.6 '
16,247,228
15,337,518
Jersey—Montclair___s^i_
##
1,323,411
599,711'
+50.3#i ,#
4,571,931'
4,960,658"
+10.8 '
6,696,275
JeKeyL
Total (12 cities)
486,414*
+23.3
297,588
26,829,209# +24.0
I-..--#
Sah
22.665,795
33,779,254
4,986,820,848
4,141,140,014
•
5,788,557,459
'4
;
356,421,000
9,983,383
Santa Barbaras
v--
+13.1
v1
v
t
Total
265,429.
tio cities)-——
Grand Total
30,963,284
r'"*"
3,351,725
7,745,836
Stockton—•
tNot
U.
»
included
jtiM.,:'!
!.'«•
l02,26l,485
—16:4
2,806,575; ,+19.9 1
+12.6 •
83,142,740
30,225,922 -+17.1*
9,281,167
+ 11.6 '
5,683,669 ' +14 i
In
295,048,967'
•+ 20.8 J
-
+ 19.5
8,353,637
2,188,140" *+53.2
# 5,579,836
+ 38.8
90,598,247
*
v
2,433,415
70,056,241 j.
24,433,513
9,185,248**
'
•■"3,471,770*.
266,^Cl,000
6,'543,408
#.###'#?
84,128,863
1,857,689 V
i
79,221,879
.
28,864,782
9.668.484
3,018,467
244,388,000
4,862,320
2,022,079;
1.724.485
4,676,296
4,103,062
615,229,661
4
i
J''
+13.2
480,347,217
456,928,031
10,462,685,005
+ 13.8
8,945,795,735
7,949,013,821
.5,364,328,992
totaL
544,572,138
11,910, '491,184
(HI titles)
Outside New York—
#
91,667,983'
3;365,103
6,486,479
Francisco-
San Jose__-
22,167,044
37,368,760v +'4.2"
6,546,162,192
PaSadena__
#
35,384.355
8,184,287
California—Long Beach
'■
Francisco^-
93,639,510
6,759,916!
;
33,264,123
New
.
Oregon—Portland.
Utah—-Salt Lake City;
8,842,890
5,551,272
-
Yakima
a
4,000,704,052"
'
Federal Reserve District—Ssn
Washington—Seattle—
f
906,436
8,379,856
9,284,102
.
;
53,361,788
#,
33,875,703
Newark
Northern
64,428,960
1,362,594#
J«nestowha..ai^.i.
New York
'
+27.5"
;
f
1,015,326
.
13,810,336
:
194,473,268 5
City—'
'
;
;
| Pueblo—
875,654
1,135,206 "
+19.2
424,712,044
-
-
Joseph—...
Colorador—Colorado Springs^
#V#'307,6iO
,
3,660,331
-
18.7#:
15,497,243
*
31.7
2,564,786'^
1,813,080
13.6"
+
233,807,128',
42,429,862^
2,829,411'
—t
-
Sk
273,334,144
372,141"
736,981
6,761,117.
322,677,116
+
j4)09%5i7+#
ij
139,082,491
45,126,285
'
2,051,332'
5,134,365
.##
(7 cities)
Missourt—Kansas City
640,562
288,846,533
+. 4.0
i
Buffalo
*
+
- r
District—New York-
Blnghamton__^_
Pew
165,248,235
2,884,404
Lincoln
3,005,595
+36.0
15,833,900
457,000,331
Second Federal Reserve
4,131,034
>\K "■ 4,690,467
}.
Wichita-—
2,821,693
5.2 '
6,611,285
#
21,521,200
*>
ni- :■
Pew
::
7,630,756
Hampshire—Manchester—
+
-
3,074,143
18,471,492
...
+ 11.0-
1,368,393
7#
3,650,365
—
Island—Providence
(12
23.8
66,085,266
Dakota—Fargo;
Omaha
.
V#
715,877"
628,869#
1,692,735 ■'
5,098,424
.v.
Haven.
Total
+
Paul
Kansas^Topeka
9
1,116,216.'-
654,056#
..
-
1043
%
+ 33.8"
3,295,599':
371,178,027
1,518,584 '■
......
Oonuecticut—Hartford
Rhode
.##
390,648,248
New Bedford—
New
liO+I.^S1
3,658,40$
•
4,215,316.
Tenth Federal Reserve
Dlstrfct^Khhsai
,
1,402,082
Portland
Massachusetts—Bostdn
'
-
5,217,525
234,708,754
Nebraska—Fremont
Hastings
Wfefik Elided Attg," 24
1945'
##;§;
.##■■$
*:\"1.
——„
''
■
233,529,434'!
r -v
,
1946*
.
.
-
Worcester
268,849,688
>•
showing^ thd figuffcs for each' city for tbe
^
*v.
Springfield#
+ 20.9
3,948,309,769
Clearlngsat—-
Rivera
304,644;609
Di8tr!et>—MimieapolhM-
Montana—Billings
Helena
:
7,949,013,821
First Federal Reserve District—Boston1—
Iiowsll
Reserve
South Dakota—Aberdeen-
8,945,795,735
,
Fall
■
,368; 183,111
North
+13.8
Week ended Aug. 24 for four years:
Maine—Bangor—jt—-
:
58,295,214*1
-
4
#.#
Louis—
30,619,220 * I
:
915,000 r(
456,928,031
/
10,462,685,005
We nbw^add otir detailed' statement
""';
745,55
143,700,000
118,094,133
480,347,217
,*
Federal
Total
^
1,660,888',
:
111,705,270
+13.2
"
Ninth
277,846,182
cities# 11,910,491,184
Outside New York City^_
■'
:
Minnesota—Duluth
Minneapolis
194,473,268
292,528,974
;+32.5
140,109,875
616,229,661'
6.4
#
-
5,364,328,992
111
1,662,439'
2,40
(17Vcltfos)T—>——
Total (4 cities),
233,529,434
196,264,183
1
——
~
;
506,365,531
268,849,688
+38.0
372;2f2,269"
"
1Q "
11th Dallas
+19.0-
233,807,128
366;i83,lil'
7
Clt^^_^_
623,172,870s'
304,644,609" +20.9'
322,677,118
4"
^
9Ui Minneapolis
7
403,441,394
1,393,662
4,230,746' I
Tenfcessee—Memphis.
Illinois—Quincy
257,254,412
«
17
8"
,
479,548'f
580,88
Missouri—St". Louis
Kentucky—Louisvllle.
4,141,140,014
666.Y84.627 '
-
...,—
_
Eighth Federal Reserve District—St.
318,429,550
4,986,820,848#
\
u.--.-.j
—j
■
##
$
332,395,536
+13.1
1943
10
6th Atl&hta
Total
###•
"
Bth Richmond
8th St.
"
'
1944
i#.!:##
424,712,044#+7.6
6,546,162,1925,788,557,459'
■■: :■ #
-Detiatur_^-^^:"v.,^.t^^-^—.'£#V#1,74
Peoria—
,
Total
194$ •# Inc. or
##•:$### # Dec;9##
■
457,000,331
12*
4th Cleveland
1946
$
■
■
--
•
.
SUMMARY OF BANKCLEARING&
Week
1,551,777'
11,915,675 t
6,188,872: #
g'fle
*82
,
Springfield—
Federal
2,97
#; 19 05
a;
-
Illinois—Bloom In gtnn.-
by Federal Reserve Districts;
summary
6,810,648 )
27,847,632- i
44,11
-
••••■
;
24,563,000 1
3.177,849 t
3,95
Des Moines;^
\
'
10I15
Iowa—Cedar Rapida—
the' San
and
429,106
.4,774,634
V 2.764,442#
# 2,473,119*-
36,52
....
—^
Haute—
Wisconsin—Milwaukee___
expansion of 19.6%; in the St. Louis Reserve District of 20,9%. arid in the'4Minne¬
apolis^ Reserve District- of 38.0%. The Kansas City Reserve District' has te its
credit
Bend—.
Terrc
.
it04
7^3
3,93
4f08
4,842,700,702
+ 10.8
4^103,714,593
3,948,309,769
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4521'
Volume 164
1243
Company and Isstie^-
Foreign Exchange Rates
;::■
&ySS
.
! POREION KiCHANOr ftAT^e cSftTlTm) BT
::%y7::S'i
77Y' -" Yy. • ■ y-y 7 AUG.
i.i
;
n
I.
•'
'
.I.I
Aug. 23
<aw •
-
"""
™ ™""
U
,
r
■
■
.054054
Y
Colombia, peso-.-?•->—t
Czechoslovakia, koruna.
——
Denmark, krone—
——
England, pound sterling
-•
Prance (Metropolitan) 'franC'-----.-*-----—^.
tndia (British), rupee—;
—
Italy, Ural—.
—^
4
—
Mexico, peso:
—
—
Netherlands, guUder--«-^~-.«--~-------r-~--
Newfoundland, dollar--^
,
,
•
Uruguay,:
.377892
pesb-~
Y
.968125
*1
3.227000
'
'
.^:Y::'7'Y
3%
-3.227000
.
.040501
.,
.091323
...7
.278208
.278208
•;
,233628
Y
4.005000
pounds--—
Closed
,;
,
\'-A
.658300*
.
1
-;v;
■;
.278209
4.005000-
.
,.658300*
-
.658300*
.562716*
•Nominal rate.
(+) or Dec. (—) Since
Aug. 29,
Aug. 21,
1945
1946
Assets**"*
■;??Y
-v.:;
.
py.-.*;v ■; Y Y
18,097,550
:
300,933
——*
and advances
Industrial loans •-LJ-t
,
Bonds
Total
+
—
16
—
+
Bororwings increased $23,000,000 in New York City,
$17-,000,000 in the Cleveland District and
$7,000,000 at all reporting member banks.
and declined
225,905
A sumihary of the assets and liabilities of reporting
1,912
14,499
membef banks follows:" '
8,000
1,344,323
1,395,126
—1,131,350
—
32,803
—
54,116
-L-—
Decrease
+1,035,620
0;: 27
AsSels-i. :":7'•;
Loans
Deposits:,;
«
•;
Member bank—reserve
+
U. S.
»
-
'
ri5;887,31'6-i
———————1———
630,696
;
^
if. ■
.'.1
—
Loans
to
and
brokers
chasing or carrying:
12,618
U. S. Government
*.
dealers
-
583,020'
17,701,882
Oeferred availability items—Other liabs., incl. accrd. divs.—
1,771,062*
I2i390:
'
±
546,852
:
Other securities
—
+
796,955
70,833
71,267
+
+
222,823
34,577
+
+
656,022
98,992
+
372,294
1,095
+
537,255
173,499
22,709:
—
+
2,597
—
—
+~*-
+
—
Loans to banks——^—
Other loans.
65,852"
—
—
—
:
-
—
43)836,819
lfabllltlesi—
;
'
358,255
Surplus (Section iWu.—
BUrplus (Section ,13b)-—LLL"
Other capital -accouhts
—
184,210'
.
liabilities .combined"—
Commitments' to make Indusnote-
tml inans
:
—.
+
+
'J*v;';v;
12,376
130,202
—
.263
27,428"
'
79,077
V
L766
—
>
103,512'
Tbtal liabilities & cftp. accts.Eatlo of *, gold' certificate re~•erves to deposit' andrF.' R".
'
18
+•
-p 1,678,671
-
0.9%;
43;0"^'.
6,159
41,935
/:;
i7
+
+
2;133
+2i468
57
—
31
—
+
•f
174
—437
15
+
7":
59
:
+ .:
7
17
+
27
'•
*
595
7
3,438
10,162
Other securities
Reserve with Federal Reserve
Banks
Cash in vaults
u
^
581
2,134
+
92447
*
960
•)
92769
1
92769
2
X
596
93144
I
92015'
3
870i
,,+
870
$2490
*
.
[ •Announcement' in
Vol. 163.
96-
~
.
92
tin
,
Vol.
161,
+1,286
6,722
a
Foreign banks—.
Borrowings:
Debits to demand- deposit accounts except
S.
Gov't
:during week-.
44
—223
—5,566
1,296
16-
+
'
230
531-
—
,
115-
—
—..
15,080
':r.
,
.Common
list of eorporate bonds; Botes,
The- date indicates the redemption- or" last date for ihak-
ihg tenders, and, the page number gives the* location in
which the details were given' in the "Chronicle."
,
•PARTIAL
Date
preferred stock^-^____Oct
Optional' $'3 conv. prefereftce stock, series' of l^D-^-Sep
Brooklyn Union Gas Co., 4% debentures due l'969_----Sep
Carolina, ClittChfieid* & OMo Ry.-^lst' mtge.
4s.
series A.
due
Page
952
..
1965^- ———————————————Sep
.
•'i%'
convertible
-
debentures" dlie 19W
8-26
Aetna Stdndttrd Engineering, comm'otti.
j
15c
9-15
8-31
.5% preferred (quar.)wt
.—'"'7'.$1*25'
9-30"
,
9- 1Aldert's, Inc., comhtoiif 'Cquaf.)___
—306 " 10- T •
9-10
;4V4% preferred' (guar.)—
——
$1.06%
10- 1
v 9-10'
Alexander'^s Baldwin;. Ltd. CqUar:)____—'
9-16
9- 5
Allied Chemical 8t Dj?e (qfl'aT.)'
' $1.50
9'r20'
9- 6
Allen Electric & Equipment
(quar.)—Y'ACW ,10- 1
0-20
American Agricultural chemiear cqua*"*
5oc
9-26
9-12
EXtra
$l-yr 9-26
9-12 "
American Casualty' Co. (Reading, PA.T—
"
Quarterly
———-YT——T5c**- 10- 1
,9-25 s
AVnerican Machine & Mctal$? Cquar;)
ttJ"1 "** ** r—25c
9-30
9-10
Ameilcan Optical CO; (quar;)_—.40c
10- 1
9-16
American Piano, Class"A (irreg-)——60c
9-13
8-26*
Class B (irreg.)___
;:
''*';'50c"
9-13
8-26
American Safety Razor—
yyY'Y-Y- ;Y'
.
New common (initial quar.)—,
•,
25c
10-15*
" 9-20"
American .Snuff Co:,; common (quar.)——,,_50o f 1Q-1
9- 5
.6% preferred (quar.)
$1.50
10- 1
,/9- 5
American Stamping Co.
(quar.
.i—
15c
9-30
9-21
American.Tobacco Co.r 6% pfd! (quar.$1.50
10-1
9-10
American Wringer Co".7 (increased)
'•/
30c
10:- I
'9-16;'
Ampco Metal, Inc. (aUar..
10c
9-12
.
8-30
Arnold Cohstable C6rp^__^u__
12V2C
0-21
9-10
Asbestos Corp-., Ltd,- (quar.)—120c
9-30'
9-15
: YExtra" ■
$106 "
9-30
■
9-15
Atlantic Refining, 4% conV, pfd. A (quar.)V
$1
11- 1
10- 4'
3.60% preferred B (quar;)
90c
11- 1
10- 4
,
.
—
—
.
,.
4
.
,
-
92824
,
Page
415
1"
651
v
822
416
Chicago & Western Indiana RR.—
1st: and ref. mortgage 4Vi%~ bonds, series D, due
Continental-Diamond Fibre"Co.—
;
9-13
_
727
REDEMPTION
add Issue—
Bangor HydrO-ElectriB Co.,'
Blue Ridge Corp.—
0-14 .,,
8-26/
,
$1.50
—————
•
of Ree.
,
' NOTICES OF TENDER
-Company and Isstid—
—"
Date
Caribbean'SUg'ar Co., 1st mtge. 7% bonds, due 1941_^—Sep 9
Lackawanna' Laundry Co., Inc., 1st-(closed) mtge. 6V2C_Sep
3:
HSt. Joseph-0 Grand. Inland* Ry.—
- - ■:
|
1st mortgage 4% bonds due 1947-'—"———^Any time
Company
.
—
T
.Bolderi
When
Pet'
7';;Y,'y: NaniFofComptthF
Y-T777'*:; Bhart'. payable
Adams (J; IXj Mfg. Co- (guar!)^
20a \ 9-30
Aeolian (The) Co., $3 Class A pfd. (accum.).
$3='
9-13
Jlolices
a
/
.
4
.
.
'
past dividend payments in many cases are given
under the- coiBpany name iw our "General Corporation
f
and Investment News Department" in the week: When1
declared;
"y't?77';: The dividends announced this week are:
stocks called! for redemption;
including- those calleTd under sinking- fund provisions:
'
'
"
ord of
and' hommbn
*
9In-
'
.
fc
.
T
162..
Whifeh We shoW the dividends previously" announced, bui
Which haVe net yet been* paid.
Further details and rec-
222
+
7
accounts)
—
Below will be found
preferred
Vol.
Dividend^ are grouped in two separate tabled
In the
first wer bring together all the dividends announced thef
curTent week.
Then we follow with a second table in
Redemplion Calls and Sinking Fund
:
Sin
'
■
•
+1,583
13
'9,341
!
issue,
"
1128
92901
1-
DIVIDENDS
deposits
Interbank .and :Ui
this
.
1955—Oct
•
.
166
—
39,170
Domestic banks.
:
"
25
Interbank deposits:
i
bonds due
,
.
,
Waltforth Co;, 20-year 1st mtge. 4%
223
+
■'
■
■
Sep
—JSep
7
;
adjusted—
Time: deposits.
U; S. Government
.
1125
£
1948—Get
„
104
32
—-27
10,220
Demand deposits
,
731
gold debenture bonds, series A', due 2022—July 1,'47
United States Plywood Corp.—
4%% preferred, stock, series V& &•; Bl————Oct'71
+1,759^
20
—
:f
.
-,6%
—4,608
•'
«
-
Y T 73X
.
gold notes due
^exas Power & Light Co.—"
—1,480
+
& Water Co., 1st mtge. 4,/as due
1958-Sep
Spring Brook Water Supply Co.—
c
1st refunding, mortgage 5s, due 1965L—J.
Oct
Seagram (Joseph E.) & Sons, Inc., 3J/4% debs, due 1965-Sep
Southern Pacific Co., 40-year 4 V2% bonds, due 1968
Sep
Standard Gas & Electric Co.—
: 20-year 6%
558
—
35
■
§2822
—
Siraray Oil Corp.,- 3%.% debentures, due 1959
Superior Oil Co., 3 V* % debentures, due 1966—
91
497
+
+102
Y
298
+
—3
+
241
—
"
a
time
Peat
(B. C.)< Co., Ltd., 1st mtge. 6s, due 1947—^.—Oct
1
Pennsylvania- Gas & Electric Co.— ^ ^
^
„ w,,
>
;
, ,
1st lien and ref. mtge. 5'/a%: and 5% bonds—
..Sep
1
Phillips Hotel Operating Co., 1st leasehold bonds^
_Sep 15
Public Utilities Consolidated Corp.—
1st mtge. 5V2S due 1948——
—Sep
1
Riverside & Dan River Cotton Mills, Inc., 6% pfd.
stock-Sep 19
Rochester Telephone Corp.—
.1st & ref. mtge.; 2% % bonds", series E. due I960—.Oct
1
St. Regis Paper Co., 5% second preferred stock
—_;,i._Oct
1
Schulte Real Estate Co., Inc.; income
debs) due 1951—Oct 1
Scranton-Spring Brook Water Service Co.—
602
—
—*30
'467
27",042"
i
domestic banks.
•
T
(€bmrtiercialj industrial", and ~ agricultural loans' in-,
creased: in nearly all districts* the principal- increases
being $52,000,000 in New York City, $17,000,000. id the*
Saii' Franciscd DistriOt; aiid^ $l6f,000,000 irt' the Chicago*
District: Loans to brokers and' dealers for purchasing" or4
carrying United" States Government obligations declined
$57,000,000 and other loans- for the same- purpose7 de¬
clined $31,000,000.
Holdings'" of Treasury bills-; increased* $116,000,000' in
New York City and $102,000;000 at all reporting memberr
banks. ; Holdings of Treasury certificates of indebtedness
declined $32,000,000 in the Cleveland District and $35,000;000 at all reporting member banks:
Holdings* of
United' -States- Government- bonds- increased $29,000,000
*■
554
•
bonds (Including guaranteed
obligations) a——
.
to-
1
Paso Natural Gas
.
—2'650
29
+121
1,356
862 >
1,197
weekly reporting; membanks ;of the federal Reserve System in' 1^01 leading
cities shows the following principal changes fof the WOek
Cndhd .Aug. 21;:( An increase*, of $121,000,000' in commer-;
Cihl): industrial^ and agricultural loans;: a? decrease of
$103,0.00,000 in loans for purchasing7 oh carrying Secure
ties; an.increase pf $92,000,000 Till demand deposits adjfusted, and"a decrease" of $223^000,000 ih' deposits- credited)
;
U. s;
The condition statement of
.
1,269
4,870
Condition Statement of Member Banks
ber
586
Treasury notes
Liabilities—••
Capital Accounts—
v
Capital paid'
+ 120
8,797
+1,577,765
-105,296
.
1,970.
—
—Deo
681-
l
Scranton Gas
Treasury bills.
Treasury certificates of indebtedness:
—
—Oct
,
783
Other securities————i
Other loans for purchasing or carrying:
U. S. Government obligations-.-
,
.
1945'
+
;
serial
553
.
Y
Balances with domestic banks:
Total
§2142
■
pur¬
}
•
.
-
for
obligations
1
C
~V
Ttftal deposits
aue
;
Aug. 22-,
1946:
,
15,021
1,105
' * 41,678;671
-
Treasurer—geni. acct.-
Other4.-
..
5s
:
678
.
( + ) or'
(—) Since
Aug. 14,
,•60,030
8,416"
376,179
—'
24^352,085: ; ' +13,310- '
620,300
poreign
;
,
mtge:
X
1951—Any time
<
and agricultural
28,835
+
^^208.314
«+
'49
v -K 7 413^
and'investments—totaL
CommerciaL Industrial,
_
acct.
1st
:^''u•
•;
.
.
$
Loans—totaL
.
.
Co..
V
4
,
,
'
Aug. 21,
Real estate loans^--
Liabilities-^
r
" J
federal Reserve notes——i—
Power
*
678
1
Co., 7% preferred stock—.Sep7 X
555! T
Franklin Simon & Co., Inc., 7% preferred stock.;
—Sep 12
93417
General Phoenix Corp., 4% conv. subordinated
debs—Sep 16
827
Great Lakes Paper Co., Ltd., 1st mtge. 5s, due 1956——Oct
1
683
Great Northern Ry.—
4%% gen. mtge. gold bonds, series E, due 1977
July 1, '*47
Si513J
Illinois Power & Light Corp.,
deb. bonds due 1957J3ep ,1 ,+93136Indianapolis Union Ry.— '
"
• '
:
'
Ref. & Improv. mortgage, series B 3Vas) due ,1980
Sep} I Y V280Iowa Public Service Co., 5% debentures due
1968——_Sep< 1 * vi -727'
Family Finance Corp., $1.50 pfd. stock, ser. A and B__Oct' ^ 1: ^'■" " '• '■
Liberty Aircraft Products Corp., ;$1.25 preferred stock
Sep* 5
558;
Masonite Corp., preferred stock
—
^
—Oct
1
955,
V Mead Corp.—
,
- ' i
i,
$6 preferred stock, series A
Sep
1
282*
$5,50 preferred stock, series B__
Sep
1 f
282'
v; Northern New York Utilities,
Inc.—, 'y': ^ Tv,. ■■
;
>
359,152
*h 1,248,94%
2~416
+
El
Increase
—
"44/485',880?'^
—
1
1
dub 1961_Sep
T'Tv 1st lien & ref. 6% bonds, series B, due 1947———Any
.
1946
+126,653
127,409
;
+
v
83
2,034,608
&
(subordinated)
notes, due 1947-1051^w^-w_—
Dierks Investment Co., 1st mtge. 6s_——
(Inv millions- of dollars)
-
,
+
+ 112,653
+
-Fl04k298V
i
Uncollected items'
Total daSefs
171,138
80,640
2,457
181
23,838,397
securities^1
pue from foreign banks_^.—
P. R. notes'of other banks—
Other, assets-'
+
•
deposits adjusted* increased $77,000,000 in
City, $43,000,000 in the Cleveland District,
and $92,000,000 at all reporting member banks.
Deposits
credited to domestic banks declined in nearly all dis¬
tricts, the principal decreases being $50,000,000 in the
Chicago District, $43,000,000 in New York City, and
$25,000,000 in the Kansas* City District.
33,608,489-' '
U*. S: Govt; securities'
Bank premises
76,694
3,390
7,779,637
595,600
755,290
:
Notes
Total Ibatis1 and
;
+
14,475,962
Certificates'
Electric
10-year
York
'■
Bills
'
+
12,981
.1,075"
14,499
,,
Acceptances purchased.
O. 8. Govt, securities:
•
+
216,334
Discounts
Y
9,540
,
94,444
";-
.■;;;
Other cash
+
+
763.791
»
.,
11,997
——
17,333,759'
fund for F. R.
notes
r
25-year debentures series A
Demand
New
of" dollars!
Inc.
••
1077
415
claS's
Burns Bros.—
City, $25,000,000 in the Chicago District,
and $27,000,000 at all reporting member banks, and de¬
clined $26;000,000 in the Philadelphia district;
BanksCombined
Aug. 28,
1948
Redemption
Page
Citizens Utilities Co., Wn%. 1st mtge.
bonds, due 1948_Sep
1
Delaware-New Jersey Ferry Co., preferred
stock
—Sep 30
Detroit, Toledo & Ironton RR.—:.
v.;.
Statement of Condition of the ! 2 Federal
(foldf certWlcAtes
Date
3
in New York
(In thousand*
>'-'y
549
Buttfe
Reserve
•
'
CALLED
1077
•♦Temporarily omitted.
)
ISSUES
1
Woncontrolied--^»~-—
-
!
734.
1
.562716*
.562716*
1
1
Bessemer" Limestone & Cement' Co:, 6% preferred" stock_Ocf
Blumenth'al (Sidney) & Co., inc., 7% preferred" stock—Oct
658300*
.562716*
.658300*
.562716*
466
debentures, due 1955—Sep
bds., due 1966—Nov
1948^1—Oct
Convertible
.233628
4.005000
-
.
•
A*'stock; optional dividend series—Oct
Armour & Co., 1st mtge., 3y4s, series
Ej due 1964_—Sep*
Austin, Nichols & Co., Inc., prior "A" stock__:—_Nov
.091324
.233628
4.005000
*
1
1st mtge. and col. trust
20-yr. 6% bonds due
American Cities Power & Light Corp.—
.040501
.278209
Y
,
.233628
4.005000
.233628
———Oct
Ltd.,'1st & ref. 5%
Company and Issued
.201611'
v
.091323
.040501
.091323
bonds;
tevenue
Abbott Laboratories,. 4% preferred stack—Oct 15
Albany Perforated Wrapping paper Co.—
3.227000
.20161.1
.201611
•-
;
869
bonds, series B, due 1995-Scp 16
1st lien & ret mortgage
ENTIRE
.967500-
3.227000
;
.
731
1
Oct
.
—I_
—
Windsor Gas Co.,
1.000000'
.967083
-
428
1
I
Western AutO Supply Co., 3V4%
'
.278209
1943
.377892
1.000000
V
.
5'
.205911
.377892
.
.968750
„-
.040501
.
.091323
,Y
.201611
.201611
•
1,000000
1.000000
1
Closed
.205927
'
.
*
\
1964X—Sep'
bonds due 1971—
StUdent-Faculty Union- Building
dated
.30.1936
.377892
1
Virginian Ry.—
.008408"
.301948"
.205927
•
.377892
3.227000
:
3%%
•:***:
:
,040501s
.008408'
.301948
*
.
'
4.033437
.008407
855
1
bonds; due 1975—Sep
University of Illinois—
.208765
4.033437
;
trust; 4 Va%
.,
.
.968333
'
.208765
4.033515
1
'
684
Ry.—
Saint Paul Union Depot Co.—
1st & ret mtge; series B 3 % %
.020060
.020000
.208765
.205927
1,0000*00
Controlled.*—
/
'
>
.205965 ",
Bweden, krona
Switzerland, franc
Union of South Africa*
.570066*
.020060'
.301948
»<*'
Collateral
.970000-
.570066*
•
.008406
:!i il'f ■;
-
,301948
7
.
.969765
.570066*
4.033515
Closed-—
.008406
:y
Pree^-4-°--w——^—.u—>■
New' Zealand, pound
Norway, krone——
——
Portugal, escudo——i—•
Spain, peseta-,r-~--
.971250
•
Pacific
Pennsylvania' Water & Power Co.—
Ret mtge. & collat.. trust 3y4% bonds due
l.O'OOOOO.
.208765
.208765
;Y
1.000000
.020060
.020060
-
1.000000
.570066*
4.033593
Northern
.054053
■?=•'
.970781
.570066*
—
1
*
,
Public Service Co.—-
.022831'
.022831
;
.054053
•.
1.000000;
Closed
1.000000
.251247*
3.214113'
.054053
-
.971015
Free
,
.022838s
.054054
1
Rys! of Central" America—
mortgage 5% bonds—————Nov
681
'
1
mortgage and Collat.-trust 27/8% bondsrdue-1075_Oct
Montana Power Co., 1st mortgage 27/eS, due 1975—Oct
.297735*
3.214113
;•3.214113
.022838.
419
1
1st
.297733*
.251247*'
.251247*
3.214113'
*;
3
mortgage
Maine
,
.297733*
,251247* *;
•
681
1
Got
;
3V4Sff series A, due 1967——
Oct
Hygrade Food Products Corp.—
,
1st & ref, mtge. conv. 6% bds., ser. A & B, due 1940-Oct
1st
v'.
.022845 y
Official—————2..
•
1st
Aug. 29
Aug. 28
5
'■ v
'
f
•
3.214113*
due- 1962__i.i.--_j—;
International
Aug. 27
Alig. 26
Aug.24
.297733*
Official—--—.:.—2——
,
v7
.251247*
'
Australia; poundBelgium, franc———
-—
Brazil, cruzeiroyVy '•• "
Canada, dollar—
1930
New York
,297733*
—™™
• ■■ >»
MM
v
.
~
-
ACT OP
SMrs,
mortgage
Page
1-
Elgin, Jollet & Eastern Ry.'—
1st mortgage 3 y4S, series A", due 1970—
Sep
Empire District Electric Co.; 1st mtge. S'/as, due 1969—Sep
Home Telephone & Telegr&pH'Co.—
:7'V
:
Noon" Buying Rate lor Cable Transfers In
Value1 inUnited" Stater Money
-
|
INCLUSIVE
23, 1946 TO AtJG. 29, 1946,
TARIFF
UNDER
TREASURY
-1st
i
Country and Monetary Unit
Argentina, peso—*
'
) Official
—ik.I—
BANK TO
EftVE
FEDERAL RES
Date
Raynqlds Co., Inc.* 2"%% • debentures due-1965-Sep"
Duluth, Missabe & Iron Range Ry.—,
' "
Pursuant to* the requirements of Section 522 of the Tariff Act of l£3b; the federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying rate' for cablb transfers1 in the different countries of the
^orld. We give below a record for the week just passed:
■
;
^ K :
V !
^
■
V
Devoe &
1962_Sep-;
93130
-Sep*
680
.
.
—
)
u
THE COMMERCIAL & FINANCIAL CHRONICLE
When
Per
Holder1
Per
When
Share
Payable
Holden
(
.
preference (quar.)..—
(payment clears all arrears)—
.
.
11-1
11- 1
30c
$35
prior
$5 class A
Name of Companp
Garfinckel
S
n
Convertible
0/ Reo.
Payable
Share
Name of Company
Austin Nichols & Co.—
10-21
I
(Julius) & Co.—
Common
\ 5Vs7c
(increased
9-14
10- 1
10- 1
9-20
9-16
General
preferred—
$49.31
(quar.)
25c
(quar.)
40c
Bausch & Lomb Optical, 4% pfd. (quar.)—
^$1
Beatrice Foods Co., common (quar.)
35c
3%% conv. preferred (initial quar.)
843/ac
Beech Creek Rrt. (quar,)————-—-7
buc
Belgium Glove & Hosiery of Canada, Ltd.—
Common
HOc
11- 1
10- 1
10- 1
&
7%
Sons,
Barber
Asphalt Corp.
Bastian-Blessing
Co.
preferred
5%
Tetephone of Canada
Bell
(quar.)
Bingham Stamping Co., common (initial)—
5%
convertbile preferred (quar.)
Black-Clawson
6%
Co.,
preferred
Bond
&
Brazilian
6%
(quar.),
.
(increased quar.)
RR. Co
Traction
Light & Power,
Inc.
Stores,
Boston
(initial quar.).
common
Albany
preferred
9-12
9-
10- 1
10-15
9-30
9-30
9- 1
9- 3
9-12*
9-20
9-14
9-30
V,.
15c
$1.37%
35c
.
(quar.)
—.
Manufacturing Co.,
common.....—-v;
$5c
Calgary & Edmonton Corp., Ltd. (s-a)
Bread Co., Ltd.—
8-31
8-15
$1.50
B
Class
Canada
(s-a)
+75c
+25c
——
-
Lines, Ltd. (s-a)
Ltd., common (quar.)—
(quar.)—
Steamship
5%
•
Canners,
fljOc
v
Class
$1.50
Products
Silk
Canadian
Corp.—
(quar.)
A
+37„4C
City Products—
Transit Co.
(quar.).
Capital
Capital
:9-7
_i'
Extra
Charleston
•
(quar.)
partic. pfd.
67c
Transit,
8-30
Hercules
7
7
8-31
■
3
Dock & Canal (quar.)
Chicago Mill & Lumber (quar.)—
Chicago
—.—i—
,
Co., common—
—
7% preferred (quar.)—
—
,rCinzano, Ltd., 5y2% preferred (s-a)
Cleveland Electric Illuminating Co., common
Chicago Towel
Clinchfield
Coal
Corp.
Chemical
Clorox
Commercial
8%
(increased
Co.
Ltd.,
(quar.)
Alcohols,
preferred
35c
quar.)__.__
9-7
9-16
$25c
•
$2.25
Brothers Co., 7%
Erie
Mortgage
Perron
New
common
10-
25c
9- 5
9-
Payment
made
be
to
14th
after SEC
days
28
after date of order
Bakeries of Canada
day
9-30
•
g*
,9-12
8-30 11
$1
10- 1
9-13
9-20
Ltd.,
50c
9-10
10-
Powdrell
9-20
$2.75
$50c
40c
Stores,
common—.
preferred (quar.)
preferred Series A
40c
"
9-20
9-20
9-30
9-19
Steel
Consolidated
Corp.—
Irregular
Crane
G.
W.
(increased)—
10- 1
9-14
50c
9-10
8-30
35c
9-30
9-14
,
$1.50
9-30
9-19
;;
30c
10-15
15c
9-10
9-19
(quar.)——
Deep Rock Oil Corp
——
De Long Hook & Eye (increased)
Detroit Aluminum & Brass (initial)
Detroit Steel Corp. (increased)___
Extra
25c
87y2c
Ice
Dixie
$1
7/7 35c
40c
12y2c
77.
10-
Corp.
———
9-
1
7%
9-12
10- 1
Glass
Duval
Texas
Eastern
Co.,
/
9-20
Lehigh
&
9-16
Leland
Electric
9-
(quar.)—.
$44c
(quar.)—J25c
—
———
• ; $35c
25c
Sulphur
Malleable
(quar.)
Iron
50c
(Texas)—
$4.50 preferred (quar.)—
Electric Controller & Manufacturing
Electric Power & 14ght, $6 pfd. (accum.)—.
Paso
El
Electric
Drug
75c
$1.50
$1.75
Co.,^class A (quar.)—
Products
Plantation
Ewa
Co.
133/4c
—
(quar.)
(quar.)
(John J.)
& Co
National Stores, Inc.
Foothills
Oil
&
Gas
$3.50
5
5
9-10 *
9-16
pfd.
25c
28y8c
(quar.)
(quar.)—2oc
10-
9-
10- 1
9-14
;•
435c-^10-18
a-16
-
9-3Q
9-9,
,
9-13
(R.
10-15
9-20
liy4c
9-
10-15
12'/2c
A 9-13
',
20c
••
25c
10-
9
9-30
v
1
9-
6
9-10
0-16.
3
9-
9-16
9-
3
20c
'
9-19
9-
5
r
I3%c
5>250.5
9-
1
8-10
10-
1
9-20
9-27
9-6
/
I.)—
25c
10-
$1
9-20
X
40c
preferred
A 9-24
9-10
9-24
7 9-10
$1.75
4...
10-
$1.75
(quar.)
1
9-20
9-16
9-
9-30
-
25c
commorh,—-
9-16
5
30c
10-
75c
10-10
9-12
$1.50
.5
11-30
11- 1
30c
(quar.).
1
10-
9-14
1
25c
$1.50
50c
10-10
(irreg.)
12 lfac
9-13
10-25
(quar.)
9-30
9-31
10-25
;
9-31
9-19
9-20
12V2c
12-20
12-10
683/4o
11-15
11- 5
25c
10-1
,
0-20
20c
(final)
9-30
9-
9
30c
9-14
9-
5
10c /'
9-14
9- 4
$1.32
(quar.)
9-13
i
9-19
(irreg.)
Manufacturing Co.
5y2%
Brothers
Brewing
$1.25
;
(initial).
com.
/
9-18
A 8-24
9-13:
25c
8-20
9-13
8-20
50c
10-
1
9-10
$0.296875
9-
3
8-20
(increased)
preferred
9-18
1
25c
50c
(quar.)
10- 1
9-
3
4iy4c
9-16
9-
5
3c
9-16
9-
6
V
Co
Electric.
10-
6
40c'v 79- 3
........
Paper
10-*1
25c
;
.
(quar.)
Pulp
3.35%
Brothers, Inc. (quar.)
Seiberling Rubber, common
4y2% prior preferred (quar.)
8-31
9-27
8-30
1
50c
■7 9- 9
9-16
$1.02V2
25c
/v
1
8-31
10-
833/4c
Seeman
59- 3
9-16
3
3Qc
'
preferred (quar.).
Scranton-Spring Brook Water Service—
4.10% preferred (quar.)
9-23
17V2c
(quar.)..
*i
—
9-16
9-
v
5
25c
10-
1
9-14
$1.13
10-
1
9-14
$1.25
10-
1
$1.12y2
...
10-
1
9-25
9-13
$12(/2c % 10-15
'0$ 40c
10- 1
9-16
Hat
^._.A
v
9-30
9-10
3
9-
Smith
6%
8-23
9-30
9-18*
9-30
10-
87c
60c
9-15
9-
4
'
$1
10-15
10-
1
77o
9
•v.
9-
3 /
8-27
9-
3
8-27
Southern
10-
1
9-16
Southwestern
25c
$1.50
10-
5%
1
[
(quar.)
Telegraph
Moore-McCormick
common;
Works
8-31
9-
9
■
6
9- 9
9-20
9-10*
8-31
8-23
8-31
8-23
,/••;„
• >
1
(quar.)
Atlantic
9-16
8-20
10-
Gas
preferred
1
9-14
10-
1
1
9-
&
r
convertible
Electric
Preferred
preferred
Corp.,
Common
common
8-20
8-20 A
8-207
/
•
$1.50
(quar.)
(Irreg.).
20c
$1.13
.
_
5c
5c
♦
9-16
3'
9-
9-16
5
1
9-16
9-30
9-16
10-
;
...
9-16
9-30
9-30
9-16
9-30
9-16
1
9-21
Struthers Wells Corp.
9-20
Superior Steel Corp.
9-13
Sylvania Electric Products,
9-3
.1
Co.
conv.
pfd.
10c
9- 5
12-16
12-
5
50c
(quar.)__
(quar.)
10-
1
9-
9
9-12
9-
5
9-20
9-10
40c
(quar.)..
(quar.)
25c
30c
25c„
common...-...-
(quaj.^
9-16
10c
;
42 A
10-
1
9-16
HKl
10-1:
2
4
9- 6
50c
...
Corp., common (initial)
5
$4. prefejrAe($
9-14.'
18%c
10- 1
.•
9-16/'
9-14
ioc
:
Stromberg-Carlson,._4%.
8-14
'
;
(quar.)
Lithograph
Strouss-Hirshberg
9-26
;
'
9-16
.
:
.
Co
9-16
;
•
25c
9-26
75c
1
1
10c
(quar.)
Stratford Pen
9-30
1010-
common—
Extra
,
9-
$1.25
Co.,
Co.'—
Factors
6
6
6'
9-16 7
9-16
50c
(quar.)
10-15
^quar.).^.wi..._____4;; -l?»/gc/"
25c
8-20
99-
62yac
(s-a)
(quar.)
25c
10-
(initial).
8-31
9-30
9-30
Electric—
''$48c
50c
,12y2c
v
Stecher-Traung
9-14
10-
621/2c
;
Telegraph
Investment
preferred
Sprague
9-13
1
$30c
31'/4c
Springfield Fire & Marine Insurance (quar.)/
9-12
15c
j___
(quar.)
Standard
10-
87y2c
5C
8-31
1
10-
$1.25
(quar.)_
/
;
9-13
9-15
10-
12V2C 7
Lines, common (quar.)__
$2.50 convertible preferred (quar.)
Murray Corp. of America, 47c pfd. (quar.)_
Myers (F. E.)
& Bros. Co
Myer-Bridges. Co.
6%
15c
Utilities,
v
Pipe Line
&
Sparks-Withington
56'/4c
(initial)
(quar.)
Montreal*
37V2C
20c
(quar.),
Locomotive
9-
30o
Extra
$1
9-15
5c
common
Co.<
Co.
South
Southwestern
//•/*
A
South Penn Oil, new common
West Pennsylvania
1
9-
1
preferred
9-16
15c
common
preferred
Manufacturing
50c
(reduced)
preferred
convertible
10-
10-
Corp.
'
20c
vtc
(quar.)
\___
Corporation,
$1
$1.50'.
J.)
preferred
preferred (quar.)
$1.25
Boss
1
(D.
preferred < (quar.)
L.) Company, common
10c
10-
convertible
8-31
75c
(T.
25c
$1.50
Appliance
8-31
1
25c
(quar.)
convertible
Sonotone
8-30
4Vz7e
Zook
Smith-Alsop Paint & Varnish—
9-18
"9-18
1
v
'xk
(quar.)
(quar.)
'
1
10-
'
25c
9-14
preferied
(quar.)
&
$1.20
9-10
9-30/
•
1
Refineries,'-
5
10-
Sloss-Sheffield Steel & Iron Co.—
9-10
Convertible
9-
$30c
...
Sloan
9-20
62V2c
—
Scott
9
9-20
9-14 1
7 9-11
9-16
$20c
40c
1
15c
(quar.)
(quar.)
(quar.)
9-
Dairies, Ltd., com. (accum.)
particpating preferred (s-a)
Simmons Company
..
1
$1.75
pfd.
,
7Vfec
Silverwood
.
' 10-
25c
■
:
Corp.,^ common
&
25c
Sheller
20c " 10-
common
Ltd
5% class A preferred (quar.)
Servel, Inc., $4.50 preferred (quar.)
Manufacturing Corp.
3
9-12
25c
common
9-
11- 4
kr
$2.50
*
9-27
k, H-15
(quar.)__
Works,
Co.,
9-14
87V2c
37y2c
10-
5 7c
9-14
1
Scovill
8-27
60c
911-
$16.30
400
Service, new
(quar)...:
Class A
Scranton
1
10-15
clears
San Jose Water Works, common (quar.)..
n:4%% preferred A (quar.)
9-9
9-28
1
j
Timber,
&
4
9-
11-
'' /
(quar.)
(quar.)
common
Helens
10-
(quar.,)_
Montreal
9-14,
10-
50c '
8-31
10-15
H
10-15
9-
Schmidt
31V4c
8-30
1
/; 9-10
4
(quar.)
Montana-Dakota
9
9-10
1
9-20
8-30
11-
9-25
10-
$2
/
(quar.)
Company
common
Alkali
Miller-Wohl
.
9-10
9-20
Foundation Co. of*Canada
77c
Co., Ltd.
Corporation,
Milliron
^
10-Vl
10- 1
$1.50
Mission
30c
9-13
5c
preferred (quar.)_
Michigan Public Service, 6%
9-17
$1.50
y'-
9-10
■
20c
9-16
9-20
67c
9-17-
62y2c
8-31
9-10
25c
^
3
A 9- 6
9-10
9-17
convertible
Mid-West
9-14
25c
payment
St. Louis Public
9-20
9-30
pfd. (final)
67c preferred Series 1940 (final).
$6 junior preferred (final)
£
9-16"
9-
9-
1
9-30
50c
10-15
/M
Messer Oil Corp.
Michigan Associated Telephone—
8-27 *
8-30*
8-30
9-30
——12y2C"
Co.
&
preferred
9-30
Fox
Brewing
conv.
/.67c
9-14
9-16
75c
$1.50
(quar.)____.
pfd. (quar.)
Corp.
Merrimac
10c
(quar.)—
l
_______
9-10
12y2c
9-13
1
9-13
10-
I
I
25c A
Sanger
9-10
9-20
*
9-30
$2c
Manufacturing
$1
9-20"
9-30
1
10-
50c
....
...
preferred
preferred
37V2c
1
9-30
—
1
10-
30c
Corp. (quar.)
(initial quar.)
McCrory Stores Corp.,
10- 1
Wayne Corrugated Paper, com. (quar.)
4&% convertible preferred (ouar.)___
(Peter)
H.)
preferred
65c
(quar.
Fort
Sons
Agricultural
37y2c
——
Fiduciary Trust Co. of New York
&
Basket,
McCord
•
9-13
9-
10-
l2Mic
...
St.
9-14
10-
-
1
1
1
9- 1
10-15
11-
l7,/ao
,
(quar.)
Safeway Stores,
5% preferred
9-14
40c
preferred (quar.)
McKesson & Robbins, com. (increased quar.)
$4 preferred (quar.)_
Mengel
Company
(quar.)
9-14
—
——
(quar.)!
Extra
Felin
.*,77oMaui
8-30
9-10
11-15
9-10
•10-
Robbins & Myers, $1.50 partic. pfd.
(accum.)
Ruberoid (The) Company (increased)
8-30
9-25
$1
37V2c
—
(R.
——10c
Federal Motor Truck Co.
First
■
9-13
9-10
10- 1
9-12
9-25
*
15c
50c
(Walter M.)
Mathieson
3
12 y2c
Co;* (quar.)
Panny Farmer Candy Shops
Cement
$1 preferred A
8-31
25c
(quar.)
Ex-Cell-O. Corporation*
Star
Market
9-13
.25c
50c
12y2c
—
B
'
25c
Co.
Merritt-Chapman
(quar.)—
8% preferred (qiiar.t)
Eureka Williams Cor#
Evans
Macy
;
1
1
9-14
10101010-
4
9-27
10-15
Ruud
9-10
5c
....
Special
1
9-30
Locomotive
Lowney
9-27
9-
(quar.)..
Products
convertible
8-29
'
(quar.
5 7c.
5
9-20
lock
f'
.........
....
Washington Insurance
preferred
Sound Pulp &
6%
*
5 9-16
*
$1.12,/i
(aqqum.)———
Electronic Corp. oB America—
55c convertible preferred (quar.)_
Class
9-25
(quar.)
Co.,
2
9-
;
9-30
$75c
Riley Stoker Corp. (quar.)
Riverside & Dan River Cotton Mills—
3
9-20
9-10
(quar.)
Wilkes-Barre
Lowenstein
9-27
9-10
>
Lone
V.
9-30
10-
5,9-
9-30
10-1
k/'v:
Lindsay Light & Chemical,
9-12
10-
9-16
k
10-14
& 9-20
$4
—
9-
9-12
9-
-
8-24
*:
1
$$1.50
Refineries (quar.)
Lexington Telephone Co. (quar.)
Lima
Co.
$7 preferred
Emerson
5
8-21
,
25c
Leonard
5
9-
11- 1
10-
20c
Lea Fabrics, Inc; (irreg.)i...
Lefcourt Realty Corp.—
"j
common^
$1.
10c
9-10
9-11
1
$$1.50
(irreg.)
preferred A (quar,)..i.i.i..._..^^.«,:
Republic. Pictures Corp.r—
$1 convertible preferred (quar.)—......
Richfield Oil Corp, (irreg.)
Riegel Paper Corp. (increased quar.)
8-26
$1.75
(increased)
Latrobe Electric Steel
preferred
Additional
1
50c
5 y2%
8-26
"
Prior
11-
10-
9-16
'
...
pfd.
6% 1st preferred (quar.)
Reading Company, 2nd preferred
Republic Petroleum Co., common
9-14
9- 1
Co.__^
Frary & Clark
1
5c
Common
10-1
9r 1
*
...
Landers
9-16
9-27
(quar.)__
Koppers Company, common
47c preferred (initial quar.)__
5
9-16
10-15
10-15
7To
preferred
(quar.)
10-15
Dow Chemical Co., common
75c
10-15
j
$4 preferred A (quar.)—
$1 f.; 10-15
Draper Corp. (quar.)
-j
75c
10- 1 y
Dresser Industries, Inc., 33/4% pfd. (quar.)— ;; 93%c
9-16,-.
Duke Power Co., common
75c
10- 1
'1% preferred (quar.)_——
$1.75
10- 1
5%
Dominion
Canada
&
8-31
10-
25o
Radio-Keith-Orpheum
(quar.)..
Railway Equipment & Realty, com.
9- 0
12'/gc
Transport
9-14
A/v/
Ltd.—
7-non-cumulative preferred
Dominion Dairies,
of
9-13
8-31
;
25c
1st
Puget
9-16*
1
81%c
(irreg.)
9-30
9-14
9-14
8-29
9- 1
50c
&
•
9-25
$35c
___
Glass
Alexander
Original
•
(quar.)
(increased)
Co.
9-13
$1
(this
Non-voting (quar.)
2
10-
43%c
preferred
Extra
9-10
/
Co.
Mill
(s-a)
pfd. (qua*.).
voting (quar.)_
8-31
10-
50c
Kleinert (I. B.) Rubber Co
Knudsen Creamery Co. (quar,)..^
5
9-
&
(Walter)
10- 1
10c
12y2c
,25c
(quar.)
Co.
Cream
;
,/ 9-25
9-15
9-30
9-30
10- 1
10- 1
9-25..
30c
Portland Cemer.t
Doehler-Jarvis
9-24
9-14
(s-a)_
r—-
Kelvinator
Kidde
9-10
55c
-
—
Diamond
9-30
' 25c
$1-50
$25c
preferred
(Julius)
9-16
$80c
pfd.
(quar.)
Public Service Co. of
Okla., 4%
Publication Corp.,
common
6%
(initial quar.)
(Initial quar.)
v.
series A
Kelley Island Lime
8-20
•;.3
9-25
...
(quar.)
Dayton & Michigan RR. Co., common
8%
9-11
Kayser
9-12
35c
Ltd., class A (quar.)
Davison Chemical Corp.
9-26
,
25c
Daniels & Fisher Stores (quar.)
David & Frere,
10- 1
9-16
;
preferred
*
Kaynee Company, 77c
9-12
"
.
Corp
Cigar
9-12
'A
$$1.25
conv.
Quarterly
9-30
t$l
preferred (initial qua?.)
preferred,v(lhitial quar.)..
Johnson—■
2nd
Kilburn
(increased quar.)——
Publishing Co.
Crowell-Collier
D.
4%
25c
;
—
-—
.
(quar.)_
Company
Creameries of America
9-13
75c
•
-—
Cooper-Bessemer Corp.,- $3 prior pfd, (quar.)
Crandall-McKenzie & Henderson, Inc.
1
1.:.
&
9-10
1
9-25
9-14
(quar.):
...
Prentiss-Waters
$1.50
Corp.^qnar.)
convertible
convertible
9-30
10-
5
8-20
9-14
(quar.)
Plate
&
Providence
9-25
50c
9-
2
9-
$183/4c
(quar.)__.
9-10
20c
8-31
Johnson
9-15
9-14
$37J/2c
.
9-10
20c
9-15
4
10- 1
10- 1
683/4c
41 y2c
—
(initial)
9-13;
9-20
150
IZ_Z
(quar.)
Preferred Utilities Mfg.—
■
;
5%% convertible 1st preferred
9-20
10-15
$1,25
9-
1
8-27
1
15c
Preferred Accident Insurance Co.
9-20
;
>
>
1
,10101010-
$25c
_—-—-
Consolidated Retail
4y4%
$20c
(quar.)—
Extra
•'
1
6
50c
Extra.
8-31
1
$1.75
50c
$3
—
A
Class
,
9-14
$i.jo
arrears)
Pittsburgh
10-15
56V4c
common
v
9-10
11- 1
Irving (John) Shoe Corp., 67c pfd. (quar.)_
37!/2c
Irving Trust Co. (N. Y.) (quar.)...........
15c
Jamestown Telephone Corp.— y
6% Tst preferred (quar.$1.50
Jefferson-Travis—
r
-•
'
✓
<
(quar.)
Consolidated
Consolidated Press,
f
of business on the
1
(quar.).
Special preferred (quar.)
Philadelphia & Reading Coal & Iron
Piper Aircraft,
4'/2%
conv.
pfd.
(quar.)..
Pittsburgh Metallurgical
Co
,
order to holders at close
10-
9-
(monthly)
preferred
3
9-14
10-
....
^
25c
'
Silver, 7% pfd.
Interstate Department Stores
.
all
9
40c
conv.
International
9-30
9-
1
10-
Mines, Ltd.
(quar.)
Exploration Co.
(quar.)
Special
9-12
1
9-16
180"'
•
•,
International Salt Co...........
9-30
9-20
9-13
10-
$5
(initial)io4-''^"k"/'#-19'' :- /Quaker Oats Company, coramon_______..^j|
'/25c
10-1
9-19 1
6% preferred (quar.)__
Extra
1
6
20c
Gold
Petroleum
10-
$1.50
Extra
............I..
Pig'n Whistle Corp., common (initial)
$2 convertible prior preferred (quar.)
25c
^
Power & Light
(quar.)
Industrial Wire Cloth Products Corp.
(quar.)
International Cellucotton Products—
6
9-30
25c
common
:
&
3
$1.50
...
9- 6
9-
15c
....
9- 7
9-30
6
9-17
•
Indianapolis
9-14
•
9- 9
9-16
25c
Cement Co. (increased quar.)_.
Illinois Bell Telephone
9-10
10-15
10-15
110c
9-25
9-
933/40
//
Pennsylvania Forge Co.
Pennsylvania Sugar Co., 57c
Pepsi-Cola Company
Perfect Circle Co. (quar.)
,
9- 7
50c
......
Ideal
6
9-
25c
Hygrade Food Products (irreg. )___!5k
5
9-
9-. 7
-.v
9-16
87V2c
,
Penman's Ltd., common
(quar.).
6%
preferred
(quar,).
9* 5
10- I
25c
•
(quar.)
■
Huron
9-14
9-25
,
$5c
(quar.)
common
;
5
9-
9-20
10- 1
j
$1
preferred
9-20
9-
Coast
4%
9-10
1
9-16
$ 1.06 W
(quar.)_
(quar.)~_
70c
Co.
9-10
9-20
25c
pfd.
(quar.)
Railway
Brush
1
5
300
,,...
Aggregates
(quar.)
Paraffine Companies, common
(quar.).....
9- 5
75c
,,
(quar.)
Telephone Co.—
Ltd.,
Electric
Fibre
Pacific
9-3
$1.75
—
Humphreys Manufacturing Co.,
6%
preferred (quar.)f
9-14
9-20
Co
Extra
3
8-23
9-30
10- 1
50c
& Southern, $6 pfd. (accum.).
Commonwealth
8-20
: ^
8-31
9-16
,
;
7%
Debenture
5
9-12
__
(quar.)
&
Orange Crush,
Ottawa
9-1Q
k
Loan
10-
10-
4
11-
20c
(quar.)
common
9-
9-16
10c
•;«•
Ontario
8-27
.
50c
pfd. (quar.)
preferred (quar.).
Hubbell (Harvey), Inc. (quar.)
8-23
9-
Powder
Houdaille-Hershey,
5
9- 3
9- 1
9-30
9-20
50c
Holland Furnace Co., new com. (initial)
Hollander (A.) 81 Sons (quar.)
k__;
Hollinger Consolidated Gold Mines, Ltd.—
Reduced/•
Howes
9-14
$1.12% 4: 10- 1
25c
9-25
(quar;).
preferred
$4.50
5
5
.
45c
(quar.)
9-13
1
11-15
22MsC
Ltd.
preferred
10-
12'/2c
(initial quar.)
Insurance of America
Ltd.,
67&
Ox
9-
(quar.)
common..
Extra
'
9-12 "
9-16
9-12
53 Vbc
(quar.)
preferred
Oneida,
9- 5
9-30
.
9-24
40c
(quar.)__
Co., common...^
Edison
9-26
.
.
25c
,
$4 preferred (quar.)
Homestake Mining Co. (Increased)
Horder's, Inc.
(quar.)
Hotel Statler Co., Inc. (quar.)..
9-14
9-
5c
Co.,
Line Life
9-16.
:
110c
...
:>
9-16
25c
(quar.)__—___.
(irreg.)
Oil
Hollingsworth & Whitney,
8-27
9-
1
1
,/
•
9-16
10-
preferred
4.40%
Old
9-20
10- 1
12%c
....
:
Ltd.
8-30
9-30
25c
.
9-14
9-
9-20
20c
Quarterly
m
9-
"
10-
9-14
preferred
Ohio
Hinde & Dauch Paper Co. of
Canada, Ltd.—
7
9-
Co.—...
Corp., class A
Class B
(quar.)
Hinde & Dauch Paper Co.
7
9-14
•
9-2
$1.50
Co.
Finance,
Associated
6%
$1
10<,1
9-10
$1,06V* ■' 10- 1. k, 9-10 :
(quar.)___k.
Watch,
preferred
preferred
Sugar
Ohio
9-9
\ $5c''*10- 1
Oahu
9- 9
'
Hickock
7
10- 1
10- 1
.8-30
9-14
;.;;$1.50
$1
,30c
$1
$1.75
2%%
1
Hein-Werner Motor Parts
(George W.) Co., common....
7%
preferred^ (quar.)
8-30
20c
——
--
10-
10- 1
Helme
9-30
9-
Wholesale
9-10
$25c
Quarterly
9-10
30c
New common (initial quar.)
$3.75
$25c
8-26
9-23
Telephone, 6 7c preferred____
Greyhound Lines, com. (irreg.)..
Northland
9-10
(The) Company
Hawaiian Electric Co,,
9-10
*J}" J
9-10
—.
2 '
10-15
Ohio
1
25c
preferred
Northern
1
Hawaiian Commercial «& Sugar
Co., Ltd.—
9-19
V
6%
Battery Co. Ltd..
Hasting Manufacturing Co.!—.
8-12
----
Realty,
1
prior
10-
!
(increased)...
com.
Hart
3
9- 1
,
Corporation,
80c
10*
9-25
&
Auction
American
25c
25c
9-
v
93%c
Extra
9-J3
1X",i
4:
(quar.)
common
9-3
10-
Clock
convertible
York
North
10-31
6
25c
75c
Extra
9-12
"
6
9-
25c
(increased)
preferred (quar.)
Newport Industries, common
,55 4Va7o preferred (quar.)
No-Sag Spring
9-20
10-1
$50c
Harrison
10- *
9-13
9-10
■
quar.)
8-31
$1
Carpenter Steel Co
50c
Carthage,Mills, common (irreg.)—
:,r£;
$2
6% preferred A (quar.)
$1.50
6% preferred B (quar.)_
60c
Cassidy's, Ltd., 7 7o preferred (accumj^f—
$$3.50
Central Soya Co. (stock dividend )_jr7_____.
150%.
(quar.).
1st pfd. (quar.)—...
preferred
conv.
Co.,
T.)
'
10- 1
$$1
(quar.)..
Hanson-Van Winkle Munning Co. (increased)
Harrisburg Steel Corp. (quar.)
$38c
$1.50
tw.
Haloid
Capital Wire Cloth & Mfg., Ltd.—Carnation.Company, 4%
$1.75
Haven
4Va%
.
New
.
9-12
25c ^ j 9-12
-•.•50c
10-1
—
(quar.)
preferred (initial
Guilford
9-12
H
40c> ' 10- 1
i
,
(quar.).
4y4% preferred- (quar.)...
Grinnell Corporation
8-31
10" 1
7.
(quar.)
preferred
3%%
preferred
(quar.)
Grayson-Robinson Stores (quar.)
Great Laxes Paper
Co., Ltd.—
9-19
5 New
8-30
Grant
9-19
Tea
9-10
■
9-
5
9-25
':*
9-
1
$37'/2c
Co.
Co., 4'/4%
New Hampshire Fire Insurance
-9- 5
9-20
4%
8-30 1
Sugar Refining
9- 5
9-14 :
1
10-
5
Machinery (quar.).:
Car Corp., Ltd.
(quar.)____.
Corp. (quar.)
National
5
9-
.
25c "
Greyhound
9-
9-
9-14
9
10-
Rubber
Steel
Steel
National
;
8-21
9-14
;
25c
77c
Folding Box Co
9-
$50c
$44c
(quar.)
common
(quar.).
National
9-16
:
9-14
25c
25c
,
9-16
9-
9* 3
25c
k
$2 class A preference (accum.)
$2 class B preference (accum.)
Greening (B.) Wire Co. (quar.)
9-
10- 2
of Reo.
0-27
5c<c
preferred
•National
Hoiaere
Payable
12'/2c
Additional
7-23 ■'
When
Share
•___
Breweries, Ltd.,
National
9-10
8-30
15c
:
9-12
J®"1,
1
7%
Corp.
National
'•
25c
Alden C531 Co
•
& 9-16 i
10- l
10- 1
10- 1
*0- l
1st preference
374/sC
(quar.)—.-^—
qo.,
9-14
9-
10-
National
*
i
.
Common
9-14
10- 1
10- 1
?3iy4c
+25c; •
Participating
+5c
60c non-cum conv.-preference (quar.)
$l5c -,k
!;•' Participatnig
—*10c
Canadian
'
,'j
(final)
Goodyear Tire & Rubber (Canada)—
9-16
.....
-
~
62J/2c
'
•
Glens Falls Insurance (N, Y.)
Globe-Wernicke
4
9-
10-.1-,
t62y2C
'
1
receipts
50c
8-15
.
—
Packers, Ltd.— J
partic. Class A (s-a)
Transportation
Glen
9-20
10-15
•
8-20
General Precision Equipment Corp
9-16
10-1
9-30,
9-30
9-30
10-1
s
9-10
9- 3
Instrument
Class. A
9
9-12
$$1.12Va);- 10- 1
4Vi%Mst preferred (quar.)
5%
class B (quar.)___
Canada
£
9-20
50c
Extra *
-
Canada
9-14
k
;
Co., Ltd.—
depositary
Extra
9-12
J
t$1.50
(quar.)
9-30
Corp. (increased quar.)
General Ppnel Com., 6% conv.
pfd. (initial)
General Phoenix Corp., common (quar.)
9-) 6
25c
$2 preferred A (quar.)
———50c .,*0-1
Brooke (E. & G.) Iron Co. (quar.)—10c,,-. 9-16
Brown-Forman Distillers, new com. (initial)
20c
10- 1
$5 prior preferred (quar.),
$1.25
10-1
Brown & Sharpe Mfg. (quar.)—
Z: $1-59
^-10
Extra
f—
$1.50
9-10
Bucyrus-Erie Co., common—
15c
10- 1
7%
preferred (quar.)
—
$1.75
10- 1
Burgess Battery Co—
15c
9-13
Bush Terminal Co., 0% preferred (quar.)—
$1.50
10- 1
BrUlo
General
Ltd.—.
Bridgeport Brass Co., common
5ya%
convertible preferred (quar.)
Bridgeport Gas Light Co.
American
9-14
10- 1
10- 1
$25c
$$2
10c
12V2c
20c
$1.50
50c
$2
(quar.)
American
General Electric
lu- 1
77
10**
9-14
Garrett
9-16'
10- 1
9-30
10c
Corporation
Gary Railways, Inc. (Ind.)
Bancroft
••
75c
343/aC
30c
(quar.)
Avery (B. F.) & Son, 6% pfd. (quar.)
Avon Allied Products, Inc., 4%
pfd. (quar.)
Name of Company
Nash-Kelvinator
preferred (quar.)
37y2c
50c
Automatic Fire Alarm Co.
Per '
of Reo
1
quar.)
8-31
Monday, September 2, 1946
9-20
.
9-20
--
[Volume
164
Number 4521
THE COMMERCIAL & FINANCIAL CHRONICLE
Per
; ..".-v.; •: \ ,Name of Company
Tamblyn. (G.) Ltd., common
7V
(quar.)—
Extra
J5c
4%
preferred (quar.).
Taylor Instrument Cos.—
.A.*.*;.-.-*/
Telecoin Corp, i..*...
Telluride Co., 7%
preferred (quar.)__
Tennessee Gas & Transmission
Co.—
77:
4.10% preferred (quar.)_
Thomson Electrtc Welder
preferred A
10-
1
1
'•> n 5c
i
(quar.)
9-
Trust Co.
9-30
(quar.)—
Bond
Fund
common
share
-
Products,
r
Corp.—
preferred
preferred
8-27
8-27
•
9-20
8-27
9-25
8-27
9-16
9-
75c
9-13
1-2-47
4-1-47
9-
Wilsil,
Ltd.
9-16
9-
10-15
10-
1
40c
9-30
9-16
9-16
J-. 3-27
9-27
9-20
$1.50
15c
i
3
American
Public
9-10
8-16
American
Steel
9-14
8-16
American
Stores
9-20
25c
10-
9-
9-20
8-29
37Mtc
10-
;
50c
22V2c
—
—-
/:. 9- 6
10-
25c
4
$1
10-
4y*%
9-14
1/
■75c
_
common
(quar.)—
10-
7:
25c
6%
6%
prior
9-24
9-10
97
/
9-16
4Va%
9-10
15c
10-
—.f
/
9-
25c
•
.
'
Arden Farms Co.,
9-
/
7
9-
1
2
9-
9-
3
9-13
'Below
we
dends
give the dividends announced in
previous
yet paid.
The list does not include divi¬
••
9-
3
75c
9-
3
9
8-
^
7
8-, 9
announced
this week, these
being
preceding table;-■
given
in
/
tho
•
/ 9- 3
11- 1
10-22
1-21
9-30
$6
r-
Per■■■
Name of Company
Abbott
Laboratories
com.
8ha*e
8-9
,79-
15 %
9-
75c
3
8-
9
8-
9
12 %c
6-
9
9-
3
Steel
Aetna
Co.
(increased)-—
Corp.
Ball
&
(quar.)
Roller
:
9-16
v
9-
3
9-
3 f
25c
«
10-
1
9-
9
—
v
,,
(quar.)
(s-a)
v
—
Co.
of
Goods
9-10
9-ic
American
Airlines, 3V2%
1
1
(quar.)
87Vfec
5%
•
Asphalt Roof Corp. (quar.)——;
Agierican Auto Insurance (St. Louis) (quar.)
20c
.
American Car .&
Foundry, common
7% preferred (quar.)—
American Chain & Cable, common
5% preferred (quar.)
—
<
9-
1
75c
,
5c
$1.75'
B/G
1
9-
;
7%
of
Co.
6%
8-20
5%
.'7.
Pacific
preferred
California-Western
8-31 v-.-it
1
8-13
10-
1
9-10 '••f't
9-
3
8-22
50c »:
50c
Products
8-
9
30c
9-16
50c
preferred
3
1
79- 7-'
3
8-29
8-20
9■
3
1
8-15
9-12
7-26
9-20
9-
9-16
8-30
w
■
—.
56%c-
9-30
50c
.■">.[
preferred
'■
'
9-10
1
9-12
2
9-20*
$1.75
10-
1
9-20*
Bankers
9-
5
Barber-Ellis
'
35c, / 9-16
9-16
$1.25
9-
5
Extra
Trust
(quar.)-"
25c
9-
America
common
(quar.)-
9-
r
1
25c
9-
1
25c
(quar.)
(quar.)
9-
3
41%'C*-'9-3
7 20c
of
3
Works,
6c
9-16
9-
1
8-15.,
10-1
pfd. (s-a)
pfd. (quar.)-
9-14
9-10
•8-31
5c
$1.05
••
8%c
8-15
1
9-10
1-2-47
8%c
(quar.)
9-3
10-
12-10
5c
Y.)
Ltd-
—
(-quar.K-.——*
(quar1.)—
.
9-
1
8-15
15c
(quar.)
9-
1
8-15
10-1
8-28
$1.25
$1.50
10-
1
9-25
$1.75
10-
1
9-10
45c
10-
1
9-
..
$12y2C
U2%C
5
3
8-20*
2uC
7 9-
3
8-15 '
50C
9-
3
8-15''
9-
12y2c
(quar.)
1.1
•
3
8-
6 i -4
9- 3
8-
6
25c
9-
1
8-
8
9-
1
8-
8
87V2C
•:./
9-
1
8-
8 a^/j*
8
-
87y2C
9-
1
8-
$15C
10-
1
15c
10-
$1.25
10-
1
com.
9-
1
8-
9-
9-13
1
1
8-
1
9-10
9-
3
lOo
9-10
8-23
15c
9- 1
8-15
50c
/
•Vi
1
$1.75
9-20
9-10
;;
$1.12%
: 50c
-1h.i
►
V
9-10
9-20
45c
(quar.)
*
9-16
25C
....
'
7-27
9- 5
<;
28'/eo
:
*•'
9-10
9-16
9-
3
9-16
9-
3
10-
1
9-10
9-14
50C
8-31
Insurance—
Life
50C
'
50c
9-14
8-31
10c
Consolidated
9-16
9-3
Copper-
7_._i.l
Cement
9-20
8-26
15c
9-
2
8-15
34 %c
10-
1
9-lt
$$1.62 y2
/
A
9-10
8-26 > 4
$10c
(qudr.)
9-20
8-30
■•£$$1.25
*ij—„_'_L7'7i
9-
3
15c
10-
1
9-16
8-31
9-15
8-15
'
/."'
<
,
$50C
....
$15c
Canadian
(quar.)
Cable, class A
(quar.)
(quar.)
Corp.,
'_7_„...——7
(quar.)_—
Canadian Oil Companies/Ltd.—
8-31
5%
9-15
8-31
8%
preferred
preferred
(quar.)
(quar.)
8-15
$$1
14'
8-31
9-15
8-31
'.-31
$37 %c
7 $20c
1
8-31
>"*34
79-30
9-12
'
;v 445c~
$30c
$25c
10-
10-
1
8-30
10-
1
-
8-30
9-
3
-
8-15 -"1
10-1
8-31
10-
1
8-31
'35
71
$75c'
10-
4^
$12 %c
Ltd.—
_7
(initial)
(quar.) 7———.—.—
Canadian International Investment Trust—
5% preferred (accum.)
—
—,
Canadian Motor & Lamp Co., Ltd.—
Class A (quar.)—™.—
—
;•
B
9- 2
'9-15
i
$25c
preferred
Class
9-14
$25c
Canadian Industries, Ltd* new com.
7%
9-20
1
$$2
$15c
9-20
10-15
10-
'
(quar.)__—
Co., Ltd.
Class A (quar.)__
Foreign Investment
Quarterly
10-25
v"'
9-15
$$1.75
Canadian Food Products, Ltd., com.
conv.
:
$50c
"v
Corp., Ltd.—
(quar.)
&
9-11^4?*
$1.06 V*
prpferred (quar.)
Wire
5 "V-
9-11*
10-1
....
Power
8-
-
$37 %C
__7.
,
9-12
9-30
$20c
(quar.)
(quar.)—*
Common
$1
>]«"'
25c
Cycle & Motor, Ltd.—
1st pref.
Bearer (quar.)
Northern
9-15
,
■'16
$1.25
(quar.)..
'
7%
•to
9-20
8-16
•
20C
!
Hecla
preferred (quar.)
)'>Cartadian Fairbanks-Morse
8-31
1
—
9- 3
9-14
7
jjiigiin:7lGanadian Cottons, Ltd. com..-—.
9-10
M
9-
...
........
r~T"* ■■koiD Class B (quar.)
8r20/ia3-t Canadian Breweries (increased)
8.-!207jannCanada Cycle & Motor Co., Ltd.
10-1
3^.1,
8-15
$1.75
v
8-ig;f.(;itCanada Permanent Mortgage (quar.)——
OJ150I
vCanada Vinegars, Ltd. (quar.)
20c
common
&
Canada
'•&£<>.
,6c
Steel, 7%
Canada,
9-
8-22
9-15
250
6%
——
(N*.
8-28
v
1
8-20
10-15
$1
Malting Co., Ltd."—
Registered (quar.)
-
10-17
25c
3
"10-30
Concen¬
&
(initial
Canada
,
(quar.)——.
Co.
$-16
C
Bangor & Aroostook RR Co., 5% pfd. (quar.)
Bangor Hydro-Electric, 6% pfd. (quar.)—
7%-preferred (quar.)
———
10-
5
stock
—
1
9-
90c
/'Canada Foundries & Forgings, Ltd.—
V
5
$30c
Canada" Dry Ginger Ale, new com. (initial)
$4.25
preferred
(quar.)
7.—
/;
•;/''777' '"7/^
1
9-
i
8-15 5-15
9-
10•
1 9-
10-
9-15
7 $1.25
2%C
-CiOr-
8-15
3
9-
10-15
$25c
*
^
Canada & Dominion Sugar,
Class
(quar.)
Show,
5%
8-21
9- 3
Canada
8-15/
9-16
K
8-24 ii-24
J25C
(quar.)—.'
States
•'
9-10
i
Campbell Wyant & Cannon
Canada Crushed Stone (quar.)
9-12
9-
8-24 » 31
9-
9-
60C
6%%
3
9-30
(s-a)
(quar)
Radio
preferred
9-
8-20 ?-J»
1
10-
:.793%C
(quar.)
Co., Ltd.—
7
preferred (accum.)
Camden Forge Co., common
5%%
convertible preferred (quar.)—
9
9- 3
Canada
9
8-
9-
9-
25c
Service
Resumed
9
8-
(monthly)—'—
Inc.
8-
9
9-20
"
Calumet
9- 3
-i-n
35c
(quar;)..
Semi-annual
•//. Special
9
9- 3
;
8-12
3
9-
25c
(quar,).—
..."
Utilities
9-16
1
9-
62 %C
(quar.)
Water
10,
•■»
8-30 ;
50c
preferred
Co.
■'<■
8- » t-
8-1#:
12 %C
Mining
preferred
convertible
California
$1.75
7
common
preferred
Locomotive
10-
'
2nd
conv.
2
3
9-12
9-14
,
......
California
Canada
of
Works,
———
Baltimore
'
;
(quar.)...
9-16
;
0- 3
25c
*——
Baltimore Porcelain
5*
Co.
Extra
5
9-16
$1.50
—7——
Foods,
;
—
Gear
Mills
$3
—
"
convertible
convertible
Baldwin
8-20 1
1
8-
/"."•'/• 25c
shares
v
8-15
1
9-
3
preferred B (quar.)—;
Extra
9- 5*
9-
5 %
15
v/. Monthly
8-20
10-
5c
8-23
9-
10c
series A convertible preferred
Avondale
2
"
.
1
quar.)_*
——:
./Avon Allied
•9-30
'
of
each
$1.65
9
9-16
1
10-
9-
(stock dividend)—
Automatic Canteen
8-21
•
10-15
20c
,
Beverage,: 20c prior pfd. (quar )(accum.)..-——'
preferred (quar.)
3
40c
■
.
..
preferred
9-
8-
1
1
1
56y4C
8-
9-3
9-14
'
8-22
8-
1
9-
10-
quar.)—
——
Company
Automotive
;
"
5
10•
50c
.
(increased)-*
9-
"75o
:
pfd. (initial)
American
American Can Co., 3%
5%
"
9-
1
—
25c
59%c
10-
(quar.)——
preferred (quar.) 7
share
for
9-16*
9-14
•
$$1.50
—
(initial
Powder
held
-
Arch Co.————
American Bank Note Co., -com.
6% preferred (quar.)—'
.,7-31
910-
15c
conv.
9-10
20c
common—
1
preferred
2nd
One
9-25
10- 1
$25d
.
Manufacturing,
3
7
1st
Autocar
8-20
$1.50
9-
.
9-13*
Sullivan
&
99-
50c
pfd,
Company,. $3.60
9-10
10-
Atlas Imperial Diesel Engine—
Series A preferred
(Initial quar.)
8-15
50c
America, common(quar.)—_—.—
9-30
•*'
pfd.
(initial
Extra
Atlas
8-16
9-25?-75
$1.25
Oil
Ink
25c
9-14
10-21
(quar.).—$$2
convertible
9-10
7
iu
$1
preferred
American
1
25o
American
,
9-30
10-
i:" 9- 2
40c
.
Cement
(quar.)——
Amalgamated Leather Cos. 6% pfd.
4%
; 40c
.
8-30
9-30
//
.
(quar.)„_
California
25c
93%c
$4.50
..'..Atlanta Gas Light 4%% preferred, (quarJ—-$1.12%
7 Atlantic Coast Line RR. (quar.)
"
$1 7
Atlantic Refining
Co.
(quar.)—;
;
37%c 7'
■7 Atchison Topeka & Sante Fe. common
$1.50
Atlas
Corporation
(increased)
■$
75c v
rV' 9- 9
8-i2'i->1
$1.10
Mills, new
California Electric Power
(quar.)
1
Associated Spring Corp. (Initial)
Associates Investment
Co.
(quar.),:
Atlanta St Charlotte Air Line Ry.
Co.,
9-13
1
50c
Aluminum Industries (quar.)
Aluminum Ltd.; common:
6%
8-30
1
10-
7 15c
.
Aluminum Co. of Canada—
4% preferred (initial quar.)_
Aluminum
'
10-
$3
——
preferred
9- 9
8-30
9-10
9-15
30c
9-16
9-30
$1.50'
.'7
9-13
-
Cotton
10-
(quar.)
8-20
//.:/
California
^
—
9-20
$1.05
Stores Corp., commonj_i
4% preferred (quar.)
Allis-Chalmers Mfg. Co. (quar.)_
6%
20c
o: 9-16
7
common
7/7%
7-31
5
pfd.
8-23
T-v^sVttjfr. jr.), v'i-i
7.7 20c
.—
:*
2
10-
,
Aluminum
9-
75c
Allied
Portland
:
20c
—
—
9-16
$45c
•?
Manufacturing Corp. (quar.)
Air Associates, Inc. (quar.)
Alpha
,
3
>:
preferred
9-14
1
•
"I-i ^
8-20
1
'
6%
' 7 9-
Ainsworth
Extra
9-10
7 8-20
9-17
Bearing,
Alabama & Vicksburg Ry. Co.
Allegheny Ludlum Steel
Allied
Laboratories
7
'
convertible
8-31
15c
"j
(accum.)—
(interim)
Equipment, 4%%
New
9-16
;
preferred
Corporation (quar.)_
■l Associated Dry Goods Corp.—
>.
10- 1
prior
pfd. (quar.) 7/
Artloom
7
12'/2c
i
4%%
Aro
15c
:
convertible preferred
Alabama Power Co.,, 4.20%
6
10-15
convertible
,9-14
25c
$1.25
■
1
1
50C
(quar.)
Bush Terminal Building, 7% pfd. (accum.).
Butler Brothers; common (increased)
4%%
preferred (quar.)
i
Butler Water Co., 7% preferred (quar.)
7-31
10-
$$1.12%
Armstrong Cork Co., common
$3.75 preferred (quar.)
Armstrong Rubber, class A (increased)
Class B
(increased)—.—
i
rV
6
9-
9-12
Agricultural/Ins, Co.. of. .Watertown, N. Y.)—
Quarterly r__-----:
;
9-
65c
com. (quar.)_
(auar.)
Agnew-Surpass Shoe Stores, Ltd. (quar.)__.
5%
of R*e
9-30
9-30
preferred (final)
Acadia-Atlantic Sugar Refineries,
Lta.—S7
Class A preferential.partic.
-(quar.)
$25c
5% preferred (quar.)
$$1.25
Aerovox
,
i
w
Company—
79- 3
6 *-
9-
9-24
9-
20c
Steel, Ltd. (quar.)
Burroughs Adding Machine
Bush Manufacturing Co.—•;
ri
v
(cash or
Burlington
4%%
2
2-4-
9- 6
.
56'AC <
(quar.)_„
'7
Mills, Ltd. (increased)
Hill
3%%
8-24
.9- 3
50c
9-24
9-
(quar.)
Extra
9- 3
v
a 9-
9-16
3 7*
9-
$1.05
*
Burlington Mills, new com.
4%
preferred (quar.)
3%%
preferred (quar,)
7-30
•
9
9-10
9-16
$1
25c
.
>
Pavahlt
50c
25c
,4c/o
Acme
H olden
•
(increased quar.)--
Extra
,
Wnen
■■■
&
Shoe
Bunker
9-16
9- 3
53c
$15c
8-31
8-15 ^-15
.;
30c
:
./
-.
Brunswick-Balke-Collender, com.
(quar.)
$5 preferred
(quar.)
Buckeye Pipe Line (quar.)
Budd Company, $5 preferred (quar.)
;
Bullock
Fund, Ltd
Bullock's, Incorporated
(increased)...
10-11
;
8-15
9-16
10c
'
8-20
•'
2
9-
$1.50
■
common
& Co.", Inc.—
preferred
Bruck Silk
8-16
-31-47
——'
preferred (quav.l
Arkansas Natural Gas Corp., 6%
Armour
(S. F.)
Brown
-
9-12
•
$1.50
$5
1
9-13
87 %C
Co., Ltd. (quar.)
Brooklyn Telegraph & Messenger Co. (quar.)
Brown-McLaren Manufacturing Co. (quar.).
9-20
10- 1
75c
:
not
3
(quar.)
British-American Bank Note Co., Ltd.
•
weeks and
99-
30C
50c
Briggs & Stratton Corp. (quar.)!
Bristol-Myers Corp., common (Interim)
3%%, .participating preference (quar.)
5*
9-13
10-15
(irreg.)—7——7
common
$1.50
$1.25
(E<;^(i) & Sons (quar.)
Brager-Eisenherg, Inc. (quar.)
Brewing (<?orp4 of America (quar.)
8-30
$1.50
participating preferred
Participating
Argus Corp., Ltd.—
;
4V2 %
conv.
pref. (quar.)
Arizona Edison Co., common (quar.)
o
8-15
Brach
10-
$3
9
5
9.
3
.
53V«c
;
8-
1
(quar.)__.««-
Boyerstown Burial Casket Co.
$2.25
7———L7—
3
9-
•'
50c
*
*
trating
(final) 7
1
75C
50c
9-16
10-
—
Apex
107 9-
$1.75 :/ 10-
$L50
$1.75"
8-15
9-14
...-wA
75C
9-14
9-16
.
«
"
5 i- .1
60c
10-15
$1
for Ordinary
"———— n
.$-21
stock)
common
10-15
•
$1.75
(quar.).
7
Boston Elevated Railway (quar.).
Boston Real Estate Trust
British-American
(quar.)
Anheuser-Busch,
Inc.
(quar.)
Smelting Co. (quar.)
9
8-31
9-20
$1.20
35c
Telephone, class A
9-14
>
9-10
/
preferred
8-31
9-30
15c
Bowser
8-21
50c
(guar.)**.....——...
*
8-21
Bower Roller Bearing
8-23
25c
(quar.)—
Anglo-Iranian Oil Co., Ltd.—•
American Deposit Receipts
9-10
7
9-30'
10c
;—
Corp—
1
9-20
$1
$50c
preferred
Anglo-Canadian
8-31
10- 1
8-31
Inc.—
preferred
8-21
3
50C
$1.50
Brooklyn Borough Gas Co.,
4.40% preferred (quar.)
Anderson Prichard Oil Corp.—
3
9-16
25c
—
Products,
prior
9-6
$1.121/2
—-—
Post
3
9-
.
$1.25
(interim)
9-1
$1.12%
(quar.)—
9-
7
(final).
9-30
9-30
Anchor
3
preferred
9-20
11- 1
9-
9-30
7%
Borden Company
(
50c
9- 6
•
•
9-3
(quar.)
(increased)
prior preferred
Copper
Mining
9-
„■
7 9- 3
$1.25
conv.
9-10
9-16
$1.42
common
(Sidney),
Extra
4
9-
9-13
$5
(quar.)
(quar.)' "Optional"
1
$1.75
Anaconda
8-30
9-30
___
1
15c
Products
Co.
•
10-
10c
r
9-14
15c
10-
9-25
9-9
// 10- 1
$1.50
8-20
share of
33
9-6
$1
1
:
$25c
t
9-16
$1.75
quar.)
8-15
(final)
preferred
filumenthal
12-6
9-14
(initial quar.)_
10-1
$1.25
12-16
$1.75
(initial
preferred
8-15
1
50C
$1.25
(quar.)—
1
;
$3 conv. pfd.
8-22
$1.75
(accum.)
1
9-
(quar.)
Blue Ridge Corp.— 1 ■ " •"
8-20
3
"7 9- 3
Foundries
American Vitrified
8-21
I
9-10
25o
•
8-31
10-
9-38
9-14
9-
$1.50
25c
7/'American
9-14
•
5
$20C
10-15
Woolen
Co.,
7%
pfd.
(accum.)
American Zinc Lead & Smelting Co.—
.
UMa:, iyj;
12HC
5*
50c
8-19 -i-tS
99-
*
8-28
American Tobacco Co., common (quar.)
Class B ———.-.-.—.——7—7———
9-6
10-1
pfd.
American Telephone & Telegraph
American Thermos Eottle—
9-13
,
»•
preferred
6%
-**17
50c
(E. W.) Co., $2.25 preferred
Bloch Brothers Tobacco—
•
9-9
1
9-
9-10
25c
American Sugar Refining Co., 1%
pfd. (quar.)
American Sumatra
Tobacco
(increased)-—
3
1
9-16
10- 1
Seal-Kap Corp
Co.
5%
8-30
97%c
Rolling Mill, common
preferred (quar.)
> 9-14
Decker Mfg.
$1.50
7%
8-31
Blaw-Knox Co.
5*
...
(quar.)
1
5 •"
$10c
Bliss
9-
American
4 V2 %
8-15
$1.75
Service,
preferred
10-
convertible
Extra
:
10- 1
common
(quar.)
(bi-monthly)
8-31
;
Black Hills Power & Light Co. com.
$4.20 pfd. /initial quar.)
8-31*
9-10
*v
9- 7
American Radiator & Standard Sanitary, com.
7%
9-20
/ American
(s-a)__
Woodley Petroleum (quar.)
World Publishing Co.
(quar.)—
9-
"
20c
preferred (accum.)
9-12
a.
Products
$6
'
9-12
(Alan) Steel Co., 1% pfd. (accum.)—
Manufacturing Co., Ltd. (quar.)
;4Ronite
8-30
35c
(quar.)
1
——
Woods
1
50c
American Paper Goods, 7% pfd.
(quar.)
American Power & Light, $5 pfd. (accum.).
f
prior preferred
8-1
8-30
10-
15c
50c
s
common..—
(quar.)
Co.
1
$2
(increased)
9- 2
10- 1
1
(quar.).
preferred
News
preferred
10-
50c
Wilson Line, Inc
Wood
non-cum.
77c
10-
I
Co
—
;
v
Co.
1.
$1.75
Foundry,
(quar.)
;
Co., Ltd.,
75c
Wisconsin Power & Light,
4%% pfd. (quar.)
Wiser Oil Co.
(quar.).i———
Extra
67e
American
3
—'
(quar.)
Meier
8-16
9-14*
l°c
common
&
preferred
Metal
6
(quar.)__
Co.
3.907c
American
3
9-
50c
Western Frozen Foods—
5% convertible preferred (initial
quar.)—
Weston (George Ltd. (quar.)
Wheeling Steel Corp.,
Illinois
2
1
25c
•
^
Machine
American
7
9- 3
9-16
9-14
25c
—
———
of
Co.,
(quar.)
50c
pfd.
Weyerhaeuser Timber
9-17
15c
—
(initial)
Co.
9-
.
$2
!
1
Ltd.__
Black &
8-29
10-
20c
—
Locomotive
15C
Oil Co. (quar.)——
Wells Fargo «Sc
Company, 4%%
Co.
10-
.
10-
8-30
9-12
20c
/
.
Co.
8-17
12 %C
7,
10-1
9-14
v
75c
preferred
9-
1
9-
$1.06 Vi
(quar.)
10-15
9-11
75c
■
$1.37'/2
Washington
non-cum.
8-15 7-15
1
9-
$$1.75
10-15
71.'
(monthly)
2
10-
$$1.50
$1.50
10- I,
>
8-15 V>'»'
9-10
$1
$1.50
7 9-20
.79-20
3
1
30c
Berkshire Fine
8-15
9-20
10- 1
25c
...
preferred
preferred
8-15
10- 1
9-
25c
Quebec Mines,
Corp,^,
Brewing Corp
1
.10- I
»
8-30
9-15
$1.18%
;
(quar.)__>_,
Aviation
Berghoff
5%
''
•>
10-
$$1.75
(quar.)_«
Spinning Assoc., common
preferred (quar.)
Bessemer Limestone & Cement, 6% pfd
Bethlehem Steel Corp., common
7%
preferred (quar.)__„7-_77-i-v
Blgelow-Sanford Carpet, common (quar.)___
6 %
preferred (quar.)
Bird & Son, Inc., 5% preferred (quar.)
^
Birmingham Gas Company, common-.^
$3.50
prior preferred
(quar.)
Birmingham Water Works, g% pfd. (quar.)
Blackhawk Brewing
(increased)
*
(quar.)
Products
Investment
7%
Bendix
8-15
9-
$1.50:
Indemnity
American
Belleterre
4
9-
1
9-1
;
•
12%c
1
6
$1.50
(special)
Snowdrift
9-
pfd.
Co.
Co., common
preferred (quar.)
9-
"62Vic
Laundry Machine Ry. Co...
Co.—.
$1.50 non-cum. Class A (quar./
9-16
.
8-20
9-16
10- 1
75c
American Locker
3-17-47
common.
Warner Brothers Pictures—
50c
8-29
35c
Irregular
50c
9-i3
1
.
Bell & Howell
$1.50
American
7-1-47 6-16-47
Ji 20c
(quar.)___
Wagner Electric Corp. (quar.)
Waldorf System, Inc.
(quar.)
8-16
8-31
$1.18%
8-23
8- 2
25c
9-11
(quar.)*..,'
Extra
Packing Co.
9-14
quar.)
2
2
12 %C
•
(quar.)__*
Belding-Corticelli, Ltd., common (quar.)_
7% preferred (quar.)
Belknap Hardware & Manufacturing—
8-10
9-
...
(quar.)_
Manufacturing
4%%
r
Inc.—
Shoe Corp.—
25c
Leather—k4
Ice, 6%
cum.
9-11
$1.50
v'
(quar.)
American Insurance
12-16
$1.25
25c
(quar.)
fo
American
7;;.
9-10
$1.25
-—
:—.
Motor
1
10- 1
Company
convertible
6
3
$1.25
,—:
Extra
$5
10-
9-
20c
,
Wacker-Wells Building Corp. (s-a)
White
American
Belden
;
.
3
$1.25
;
-
8-31
-
—
_
9-14
Beech-Nut
8-15 7**^
9-
50C
Ties,
preferred
$1.75
preferred
Home
American
—
30c
.
9-13
V.
9-24
American
__
&
1
9-16
——
Oil
10-
9-30
S.)
(A.
4% %
9-3
7
.
Monthly
Chlorine
Universal-Cyclops Steel (increased)
Utah-Home Fire Ins. (Salt Lake
City) (quar.)
Utah-Idaho Sugar, 60c Class A
pfd. (quar.)
Extra
-,
Hide •&
convertible
/ American
?
9-25
$1.25
(increased)
Co, (quar.)
United Wallpaper,
Inc., com. (increased)—
4% preferred (quar.)
common
6 %
;>>
9-20
Wire
Mills
American
•
Beck
••
9-13
(quar.)
2nd" preferred
.
~
Co.,
3-27
8-27
$1
(quar.)—
.V
(quar.)———
preferred
f
28c
8-27
7
' 10-15
30c
V.vK'.
8-1$
8-31
50c
(irreg)
(initial)
Inc.
(quar.)
Co., Ltd., 7%
Mills,
9-16
Paper Co., Ltd.—
common
Beaver Lumber
Electric—
1st preferred
'$6
Brummell
7
$25c
industries
A
Beaunlt
8-31
$1.12,/(i
j
i American Hardware Corp. (quar.)
/ American Hawaiian Steamship Co
8-27
$1.75
20c
U. S. Graphite ? Co._
U. S. Potash Co.
6%
V
Manufacturers—
5%
Baking
!•;
9-25
——
5%
Norman
9-20
;t
I.
Beau
9-14
■■
common
(increased
preferred
BayuK
4
$1.25 ,/
American Hair & Felt
Co., common .(quar.)—
8-27
4c
Westvaco
(initial quar.)
preferred (quar.)
preferred (quar.)
&
$3
8-27
9-25
9-25
—-—,—*■
Common
Steel
9-12
i'/ ; 9-20
&
4
,
(accum.)..
Gas
9-
9-
1
1
9-
10c
;
9-
25c
Inc
9-
30c
(quar.)-.
Cigars, Inc
New
'
(quar.)
&sHoe,
10-1
$1.25
(quar.)>_
Ltd.
Class
8-30
10-
25c
.
Furniture
Bathurst Power &
1
9-14
12MiC
7/;
4%%
preferred
(quar.)
American General Corp., $2 pfd.
(quar.)
$2.50 preferred (quar.).
9-12
&V 9-20
——:
&
9-23
$1
Fund-—
of
6
9-23
<
$1.75
.
5%
Wesson
preferred
Common
6
9-
.
17c
Fund——,——
common
United Gas Corp
United Merchants
New
$7
American
6
9-
1
7c
Stock
Stock
9-
9-16
40c
"C"
___■_____
Wamsutta
Factors
10,
Bassett
9-10
10- 1
50c
.
Refractories,
.
25c
Securities—,,,///
B
Basic
-
68%c
:
preferred
American Fork
.
9-19
20c
,——
5%%
9-30
9-16
B stock
:'
.
A
American & Foreign Power Co.—
$6 preferred (accum.)
.
8-29
.
;
8-16
1
'20c
„
.r
■'
of Reel
Payable
Share
8c
Seellg Manufacturing—
; Common
(lrreg.)
$1.20 class A (quar.)_
Barnsdall Oil CC. (Increased quar.)
9-14
(quar.)
/ American
.
—
Ward
$4.50
.7/
."••9-/6
1
10-
15c
——-i.-—,/
preferred
10-
$1.50
5 %• preferred
(quar.)*
United Carbon Co. (quar.)
United Chemicals (stock
dividend)—
Van
9-13
10-15
9-30
Holdere&«
When
Per
Name of Company
Barlow
8-31
•
$1.50
.
-
common
Special r„w—United Artists Theatre
*
■.
6
9-16
.'9-16
class
of Re0.
"9-3
preferred
American Export Lines, Inc.—.
;
New common (initial)
'/ American
European
$ 9"16 !■;
1
10-
Cigar, common—1
l/16th share of Class
Holdera
9-14
*■■■■" $1.25 ,:,/9-14
$1
5%
9-10 *
9-
10-. 1■
75c
Special
United
;/
1
or
convertible
Common
9-. 3
25c
———-
5%
,
1
10-
25c
—,
Fund. "A".——_—*-Tr.——,
Special
Union Bond Fund„"B";
'Special" —..i:.'-.--':' 4.//_:;•.*■.,■.»,•■■■■■•
8/1000ths
9-201
Z*
'
$1
Bag & Paper (increased quar.)
Co.,
i
9-10
'
$6 preferred
(quar.)—
Union Trusteed
Funds, Inc.—
Union Bond
>
I 9-10
10- 1
i;
25c
Extra
Union
V 9-10
V
$1.50
(N. Y.) (quar.)
Union Carbide & Carbon
Union Metal Mfg.
Special
$3
'
Underwriters
•
Cash
1
93 %C
&
When
Payable
Per
Share
„—
American Colcrtype Co
American Cyanamid
Co.," common (quar.)—.
5% preferred (quar.)__
American District Telegraph
(N. J.)—
'
8-28
3
9-30
$1.12 %
—
Corp.—
,
9-10
•"
25C
Toronto General Trust
Corp. (quar.)—i—
$$1.50
Towmotor Corp. (initial)—
:25c)
Traders Finance Corp.,
Ltd.—L
4y2% preferred (quar.)
%
+$l,12y2
Travelers Insurance Co.
(quar.)———1—'/
$4
Tuckett Tobacco
Co., Ltd., 7% pfd. (quar.)
$$1.75
Tucson Gas Electric & Power"
(initial quar,)"
50c
Union
9-14
100
..
!——--
Oil—
preferred/ (quar.)_——.——
Timken-Detroit Axle Co., new com. (initial)
Todd Shipyards
Union
1
/,;■
$3.75
;
/. 9- 3 •/
10- 1
10-
$1.02%
""
■
Company
(quar.)
6% preferred (quar.)
-.American Cities Power & Light
Corp.—
$2.75 Class A (opt. dlv.
series) of 1936.
9-14
.
9-16
$1.75
; '/American Cigarette
9-13
9-13
1
10-
«
'
common—
Tide-Water Associated
Union
1
25c
(initial
Thrifty Drug Stores,
10-
:
Name of
-
American Chicle Co.
9-13
1
$50c
__
4Va%
10-
"v..
of Kee.
Payable
$20c
'
Holder•
When
Share
1245Mi
—
1
8-30
$15c
10-31
9-30
$$1.75
10-15
9-13
*
$$1.25
9- 3
8-10
'I
415c
12-15
11-25
$15c
12-15
11-25
$$1.25
$$2
1
9-20
10- 1
9-2#
10-
^
/
if-
1246
THE COMMERCIAL & FINANCIAL CHRONICLE S
When
Per
Name of Comsany
Canadian.
Canadian
Western
Natural
quar.)
Gas,
& Power
Light,
Telephone
8c
8-20
9- 3
•
$37%C
10- 1
10-
9-10
10-
1
Consolidated
Consolidated Press
10-
9-20
Consumers
11-
10-21
.
Carpenter Paper Co.—
Extra
Common
(quar.)
4% preferred (quar.)
Casco
Products
Corp.
250
share
I.X
9-
Company,
common..
t.
a
8-20
10-
40e
•
...
1
9-12
$3.75
(quar.)
America
Central Arizona Light & Power
Central Bag, & Burlap—
(initial
common
10-
81.75
9-12
1
5
9-
0-20
10c
4%
Central
Illinois
Central
$6
Illinois
Central
Maine
$3.50
(quar.)..
pfd.
(quar.)
8-20
Courtaulds,
9-16
8-20
9-30
9-10
Corroon & Reynolds $6 conv. pfd. A (accum.)
Crane Co., 3%% preferred (quar.)....
1
9-10
Cribben
10-1
9-10
5%
preferred
com.
(irreg.)
30c
<v
(quar.)
preferred : (quar.)
Central New York Power Corp,—«
3.40%
preferred (quar.)
$1.50
New
Ohio
Steel
common
Products,
&
South
West
Utilities
Central
Vermont
4.15%
1
Public
preferred
?
$1.50
(accum.)
$1.75
9-20
75c
pfd.
Service
(quar.)—
com
Chamberlin
Co.-
of
preferred
(quar.)
...........
"v
;
......
8-20
1 9-
i
/ 8-24
9-
9-
$1
I
1
r
1
Devonian
10-
1
$1.75
2-15-47
9-14
100%
.
.».■
9-12
Cleveland
87 %c
Quarries
Co.
7'%
J.
preferred
Coast
1
Counties
5%
Gas.&
Coca-Cola
Cockshutt
Coleman
4%%
$3.50
Colonial
Ice
$6
$5.60
Corp
(s-a)
4%
Colorado
Colorado
Columbia
Pictures
1
1
Columbian
Dun
V
(1;
(quar.)
class A (increased).
1
1
1
du
Pont
'
6
Eagle
1
6%
7%
9
9-24
9-
9
40c
9-10
8-
9
9-
6 .••V *
6%
(quar.)
Stamping
(irreg.)
Co
9-30
9-
200
__
9-25
9-10
10-
6c
$1.25
1
9-
2
6
Nast
9V-
■
9-13
1
)
Vv
8-15
Eastern
6%
;1
30c
9-
1
$1
9-
1
50C
(quar.)
15c
9-16
1st
8-24
9-16
9-
8-22
4
$2.40
:A
$2.20
$$1.50
preferred
Connecticut
Connecticut
Consolidated
Consolidated
& Power Co.,
....
(quar.):
River
Co.
......
Co.
Cigar
8-30
75c
10-
1
9-
9-
1
8-
5
"■
■"
?
G% pfd.
(quar.)
(quar.).
9-
1
8-
9-
3
25c
9-
2
9-23
de
9- 2
s-i
10-
10-
1
9-
1
9-
'
3
10-
.
1
5
10-15
9-
$25c
■
>
9-
Co.
10-
50c
quar.-)
Outdoor
General
Paint
9-20
1
9-
1
8-15
General
8-26
General
10-25
:10-10
$1.25
10-15
9-16
15c
9-14
8-27
.
1—
(quar.)
$1.50
(quar.)„—;
:,r
$1*75
'
9- 3
S 9- 3
.
$1.12%
10-
1
10-
1
9-15
Ltd.
-
Paso
00.-^,
(quar.)
9-
9-16
$1.5Q
$20c
9-
1
$1.50
s
10-
1
10-
$80c
Ltd..
Gas, 7%
-
1
9-12
$1.75
15c
preferred--.-
$1.75
,
,
3
50c
Corp
of
N.
Y.
(quar.)
10-15
9-30
9-16
40C
9-16
8-
9
(quar.)—
.
Manufacturing—
(quar.)
;
Electric, 5%
pfd.
Gillette
9-
7
1
25c
9-
9-13
9-30
:
$1.75
10-
1 \;
*
8-16*
9-14
1
(quar. )_„
9-
9- 1
8-15
9-
1
28c
Empire State Insurance
Emporium Cap well Co., common (increased)7%
preferred (s-a)—
—
9-15
"•
9-
7
9-
3;
,
25C
9-16
8-14
9-
$1.75
"
3
8-14
,
25c
11-25
11- 9
30C
11-25
11-9
10-
$1.75
10-
$1.25
10-
$1.25
9-
1
9-20
y
1
;
1
;
8-
10-
7
8-20
11-15
11-
2
9-17
1
10-
9*
8-15
10-
1
25c
•
9-10*'
9-12
25c
r
.,
9-19
1
9-10
11-
"
8-23"
9-11
50c
••
25c
•
25c
1
,
9-17
10-
H-15
v
J10-
10-
1
9-27
7
9-10''
1
$1.50
9-10
9- 5 '
iy
held,
9-
$1.50
—
40C
-
J
1010-
1
9-
9-14
;;v.; 60c
Safety Razor Ccu,.$5.qifd. (quar.).—
$1.25
11-25
11-30
25c
—
9-
3
8-15
,11-
1
10-1
Y5C
9-11
8-30
;r:;30c
i
Corp.- (quar.)—_—
quar.)
.
.
9-20
9-
3
9-
3
..
4
9-20
—
(quar.)-—
1
-9-12«
19-12*
10-
30c
9-12*
10-
1
$2.50
0-
1
8-22
$2.50
9-
1
8-22
y
;■
'
,
8-23
5c
9-12
5c
———
-
9-12
8-23
•.
$1.50
.10-
1
9-14
62y2c
10-
1
9-
37V2c
9-
2
8-20
50c
Gold & Stock Telegraph
9-
2
8-20
(quar.)
GoldblaJ-.t Brothers $2.50 pfdGoodall:Sanford, Inc.'(quar.).
(quar.)-—.—.
Goodrich
'
(B.
F.)
Company com.
(quar.) —
preferred (quar.)—
—
Mackay & Stores, Ltd.—r
eiass A (Initial quar.)——————
conv.
$1
9-30
9-13
9-30
9-13
75C
9-16
8-15
$1.25
9-16
8-15
8-16
-V--
$5
$5
9
$1.25
(increased)
preferred (quar.)
Goodyear Tire & Rubber, common
V
Gordon
Class
(initial
B
Oil Co.,
class B
(quar.)
Gorharn
Manufacturing Co.
Gossard
(H.
1
Grafton
&
W.)
Co.
Company
class
A
9-16
1
9-21
Great
American
10-
1
9-21
Great
Eastern
20c
8-31
9-16
9-
3
Co.
Insurance
(quar.)—-
(N. Y.)
3
8-
8
$25C
9-14
8-
4
9-26
9-16
10c
9-16
,8-20
30c
9-
25C
—
(s-a)
*
8-16
9-14
10c
(initial)
Indemnity
Fire
9-14
75C
(increased)
(quar.)
Grand Rapids Varnish
10-
——~..
$12%C
9-14
$12V2c
quar.)—
"
10-1
./^ 50c
56'/4c
—
& Rutgers Fire Insurance Co.—
,
,v
junior preferred .Hs-a)
—
5%
2nd preferred
(s-a)-—-
Co.
5'v-
9-20
9-30
(s-a)i—-
commenyiincreased quar.)
V
9-14
21%C
$1.12%
.—
(s-a)—.
preferred
9-12
9-14
1
$1.25
—-—
——-
8-20
1
9-26
$1.50
Marine Insurance
Fire &
$1
9-30
1
9-12
84 %C
preferred
$3.50
75c
1
10-
'
25c
share
(quar.)
8-15
9-
9-20
10-
$2
—
each
for
8-21
3
$1.25
;
9-21
:
8-31
20c
w-.$5
Gordon
$1
(quar.)-.
8-30
I
optional 44-l,OOOths
com.
Gleaner Harvester
4J/2 %
8-28
8-
8-30
9-14
9-10
Globe
-
9-20
9-23
8-31
750'
'
8-28
9-
"
8-31
;
9-14
•10-
50C
9-20
3
.
25c
;
;
•'
8-27
9-30
25c
;
'
——
Extra —4,
9-
$1.50
.
1
8-31
1
10-
75c
common—.
(quar.)
(S. A.), preferred
4%%
Goebel Brewing
1
1
10-
20c
—
8-28
9-10
10-
$1.06%
60c
Electric,
common
8-31
.
10-
25c
•
—
preferred
v
3
9-14
$5
37%c
i; 9-20
9-30
:
683/4C
Co
(quar.)
Products
Gibraltar
5
5
9-13*
"
3
9.
9-
.
9-30
'
Telephone Corp.
'
8-15
1
10-
25c
Ely & Walker Dry Goods
.
(quar.)—.
(quar.)—
::Glidden Company,
$1.50
(quar.)
(quar.
9-2O
3 1
V 8-31
9-14
30c
;
25c
: -$22c
,
12- 9
^
"
com.
Investment
Natural
,t
12-21
$1.50
Street. Railway
(quar.)
Products,
25c
Gisholt Machine. Co.- (quar.)-
9-30.
$1.50
9-
9-17.
.lie
•-
'l'%0
common-
j
'
25c
cash
Gerrard
9-15
75C
—.....
of
share
or
Gerber
8-12
"
8-20
9-10
'
Railway, Signal,
Refractories
2
•
50c
Co.,
8-20 '■
2
9-
10-'1
$1
$1
(quar.)—-
(quar.)
Georgia Power.$6 pfd.; (quar.)—
$5 preferred (quar.)
8-12
'
,
General
-8-23
9-10
8-16
9-
250
'
(quar.)
common
8-20
-
9-16
'■
(quar.)
preferred
preferred
$6
i
30C
.9- 3
-
'.•General Shareholdings—
"
■
8-15
9^ 3
(auar.)——»•'
General Public Utilities
(initial)
2nd
$1.12%
(increased)';
'
5
9-3
$1.25
Advertising
Corp.,
preferred
preferred
1st
8-20
9-14
_—
9-16
1
10^ 1
*■
9-20
1
" $L75
(quar.).
8-30
'9-14
62l/2c
common
General
6%
Empire & Bay State Telegraph—
4%
guaranteed
(quar.)
3
1
9-30 ?
37V„C
(quar.)
3
Co.—
:
preferred
Common
11-
;
$2-75
*
—
—-
—
preferred
convertible
Motors,
preferred
$5
8-22
9-10
15c
&
9-
2
10-
$1.12%
Nemours
(initial
9-
y
'$1.75
...
(quar.)
8-30
9-14
25 c
(quar.)
pfd, (quar.)
Mills. Inc. 5%
General
6
'
common
8-20
3
t
25c
Company £ (quar.).,——
Brpnze Corp.
(quar.)—--—
3%%
8-15
1
9-12
■
15c
Ferries, 6% prior pfd. (quar.) ______
Elecirographic Corp. com. (quar.)
7% preferred (quar.)
L„___
Elgin National Watch Co., common.;..
7%
Inc.—
37 %c
General
9-16
,
9-20
$5
75C
:
Cigar Co., .common-.——————
7%
preferred (quar.)
——
General Finance Co., 5% pfd. A (s-a)
6% preferred B <s-a)—
General Fireproofing Co. com. (increased) —
7%
preferred (quar.)
General Industries Co., 5% pfd. (quar.)-—
1
10-
(quar.)
9-5
9-14
General
8-17
'
—1-
(resumed)
Class, B
8-15
1
(initial)
Chemicals—
&
Empire District
:
9-
i
9-20
50C
Box
1
Boat
Emerson
5
8-15
9-
8-30
■'
{quar.)^——
J——
General
11-
(increased)
Kodak Co.:
Common
4's,
8-15
$1.50
8-31
9-10
62 %C
-
:
8-24
; 9-10
300
com,
Co. $3 partic. .pfd, A
Corp. (quar.)
General Baking Co., $8 preferred
11-
Electric
El
5
60c
55c
Chemical
Consolidated Edison Co.
9-10
12-10
9-16
56 %C
....
(quar.)
Power,
Biscuit
Ltd.
!
^ 9-16
25c-'
.
American
t$1.25
s $$1.75
(quar.);
com.
—'
>
8-2C
11-20
10c
(initial)
com.
General
9-14
$25c
new
(quar.)
preferred
General
$25C
8-20
>
9-
(quaf.)
8-15
9- 1
$87 %C
'•
8-20
9-
12-
;
;-:r
8-15
+
15c
9-17
,
'
(quar.)
Power
common—
9-15
12-15
250
(quar.)_.
Industries,
$1 partic. pref. Class A (quar.).
Consolidated
'A
$$1.50
preferred
2
^,4.-
(increased)
participating preferred (quar.)_,
Electric
'
(Toronto)—
Quarterly
Quarterly
Connecticut Light
$$1.25
8-31
f 25c
(quar.)_.
Trust,
Eddy .Paper < Corp. (irreg.)
Edteon, Brothers Stores, com.
6-29
•
9-
50c
Corp... (increased).———America (initial)
Container Corp.
5%%
"
(quar.)
com.
(quar.).
6%. preferred
'r '
1
Inc.
9-30
Co
I.)
Steel
Eastman
8-17
4,%%
290%
....
Congoleum-Nairn,
■ ^
8-
9-
9-
&)%' preferred -(quaif.) v--«——' *"$$1.25
t$1.37
5%% preferred (quar;)
Gay lord
3
$50<f
Massachusetts
Eastern
8-17
,
Publications, Inc.—
Confederation Life Association
9-
9-10
Quarterly
Quarterly
Machinery—
dividend
9- 3
9-16
$25c::
prior preferred (quar.)
preferred
(accum.)
Economic
Stock
9-16
Eastern Magnesia Talc Co., Inc.—
(PhHa.)—
;
preferred (quar.)
Community Public Service
Conde
v
Eastern Gas & Fuel Associates—
Co.—
voting trust, certificates
8-21
'•
*
90c
4%
Cora,
0-1
15C
Ltd.—
8f'9*i'r
» 9-
15C
;
5
8-15
.
$1
Investors
Gemmer Mfg.
4.%%
9-30
(quar.)..
/
?
8-31
15Q
.
(monthly)
Co., Ltd.
preferred
preferred
50c
Commonwealth Title Co.
8
9-10
9-10
10-
"*
8-23
9•t
9-
17%c
Gair
Co.—
(interim)
Picher
50c
Investment
10-
1
;
30c
common
common
quar.)___
Telephone
(quar.)...
Corapa Shoe
(Indiana)
■■
9- 1
17 %c
Company
(increased)
—
(Robert Co., 6% preferred (quar.)——
Garlock Packing Co.
(quar.)'
Gatlneau Power Co.'. eom. (quar.)
10-10
0':' East St. Louis & Interurban Water Co.—
8-23
>.
9-6
9-24
(E,
Plastics
(quar.)...
Commonwealth
If-
10-31
62%C
preferred
common
Commonwealth
1
Fundamental
;;
9-16
11-
25C
Bradstreet, Inc.,
(increased
Commercial Shearing &
Common
50c
50c
—
$5 preferred
9-
50c
'
Co.,
preferred
&
4%%
New
8-15
1
?!.
'.Gabriel
8-23
v 8-23
p 9- 9>
25C
^
(quar.)
Dumont Electric Co. (quar.)
8-15
9-
;v
'
8-24
,
4
9-
$15c
preferred (quar.)
Duquesne Light, 5%. 1st preferred
8-16
9-
9-
15c
■
7
8-31
9- 4
75c
:
8-12
:'£ 2-
v
:
$4.50
8-15
9-
75c
L
Co.
Credit
9-16
;
(quar.)
Brothers,
common
8-19
9-
9-6
40c
L----——
cqmmon
!
a
9-16
20C
——
(quar.)
of
9-16
$1.25
Corp., (s-a)
Stores
Company, ' common
Power
f i?
;
1
9-16
25c
8-26
'
3-1-47
$1
(quar.)
Drug Co.,
7%
preferred
8-19
1
9-
$1.12 y2
(quar.)
Foote-Burt
'; 8-12
3
9- 3
,
j
t$1.25
Chemical
&
preferred
Durez
Corp
Carbon
Tar
Dow
9-20
1
9-
20C
5
9- 5
...
25C
(qu&r.)._^C_
Investments,
Driver-Harris Co.
9-20
20c
—
Commercial
3-60%
'•
10-
9-20
16-10'
:
Company, (increased)———-—
Bridge Works.
————
Fort Wayne 8c Jackson RR.-—* .'
"
5%%' preferred
Foster Wheeler Corp.. common (quar.)
Freeport Sulphur (quar.)—:—
—
r. FrUehauf
Trailer Co^ common
——»
*
•'
4% preferred (quar.)——I
* Fuller (Geo. A.) Co. 4% conv; pfd. (quar.) —..
10c
quarterly
Oil Fields
Douglas Aircraft
8-20
;'
25c
■
$
9-
10-15
Fort, Pitt
.
0-11
2
.25c
pfd. (quar.)
convertible preferred
Extra
9-
45c
conv.
9-
;
""
,
certificates
Donohue
•
8-30
9-
25C
50c
9-12
10-
«
$1.75
(increased)
Columbia Broadcasting,
Class B (increased)
*
;
(initial)
Power
5%
8-22
75c
quar.)
Manufacturing
trust
preferred
7%
Milling & Elevator Co.—
Common
$3
$1.50
(quar.).
(quar.)—
Central
8-31
12 %c
^
(quar.)
Dominion Textile
8-30
9-30
•a
$1.75
9-
9-10
■
$2.50
preferred. (quar.)_'__——
Food Machinery Corp.
(increased)
8-31
,75c
-
'(initial)
com.
Voting
11« 1
9-12
50c
(quar.)
Stock
(F. H.)
Mills
:
1
9-10
$3
8-30
9-10
15C
Dominion
9-12
6
preferred
Florida
'
1
10-
$3
Flour
9-16
10-
62%C
75c
Food Fair Stores,
9-16
37 %e
5% preference (accum.)
;
Dominion Stores, Ltd. (quar.)
8-26
1
9-
25c
Colorado Fuel & Iron,
—..^11.^;'
(quar.)..
Dominion-Scottish
7
9-11
10-1
87 %C
com.
f
35c
8-30 7
(quar.)
Indemnity
8-15
50C
9- $ '
9-15
N
9-10
.v> 9-14
8-30
9-16
—-
8-12
350
common..
& Anglo Investment
Corp., Ltd.—
preferred
(quar.)
Envelope - &
Cartons
(Western)
Ltd., 7% preference (quar.)
9-17
-
1
12-
53j/3C
Corp
new
preferred
v
$25c'
....
i
$7 preferred' (quar.)
*
-
9-16
10-
20c
preferred B
Colonial Stores,
\
Fund
preferred
$4
9-10
50c
9-30
50C
50c
—
Bank
.
f
>
12 %C
15c
9- 3
9- m
$1
25c
...
(quar.)
$1
(quar.)
Aikman
3
9-25 .v1
10-
75c
preferred
preferred
8-28
8-22
————.—
Flintkote
8-30
9-20
9-20
>
'•
Stores—
Florence " 'Stove - Co.:
5%
9-16
31%C
.
International
9-16
$1
3
Dominion
Electric—
...
Plow Co.„ Ltd.
Company com
&
9-
9-30
$1.75
...
(quar.)
Colgate-Palmolive-Peet—
Collins
9-14
50C
(interim)—.
(quar.)
Co.
9-
25C
(initial
Co.
Dominguez
8-10
30C
y
....
(quar.)
1st preferred
Coca-Cola
8-10
9-10
25c
Company
Increased
8-10
9-
25C
(quar.)
(quae.
8- 3
50c
Climax
Molybdenum Co..
Cluett Peabody & Co., common
8-10
3
9-
9-3
Dominion
7% regular guaranteed stock (quar.)
stock
10-10
8-19*
—
(quar.)
Fitzsimmons Stores 5% partic Class A (quar.)
5% non-cum partic. Class B
——
1% preferred (guar.)—. ..a...... • 1 i i.
7% preferred (quar.)—.
—-*—-■
,
Extra'
8-30
-
5%
First
Fishman
50C
Shoe
B
8-20
9-3
30c
A
8-15
.
35c
(quar.)
(quar.).
(quar.)__„.
Dodge Manufacturing Corp.
;:8-30
;
9rl2
$1.25-;
,
3
3
75C
,
,
& Sons, Inc.
common
Doernbecher
8-26
5
new
preferred
Dr. 'Pepper
Cleveland & Pittsburgh RR. Co.—
guaranteed
New
8-15
9-
r
,
50c
.......
....
9-1
250
9-
9-
9-14
75C
(increased).:—.——
(quar.)
Corp*—
Firestone Tire & Rubber, 4'/2% pfd.
Firth Carpet Co., common (quar.)
8-15
9- 1
25c
Cup Company, common
$2,50 class A (quar.),
8-29
immm, :.
17 %c
Co.
Co.
(Henry)
Dobeckmun
8-29
9-14
8-30
9-11
9-16
(quar.)
Firemen's
/ 8-15
:
v
9-25
9-30
$1.50
—^
ClaSS
•;
r10- 1
—
——
Class
(■
25C
Finance Co. of America at Baltimore-—
5
6
8-19
9-13
$1.12%
(quar.)..
Dixie
12-20
75q
30c
V
,■'»
9-20
20c
preferred (quar.)J
Ferro Enamel Corp.
.—<——
Field (Marshall).
See Marshall Field.
Field & Stream Publishing Co. (initial)
5
99-
'9-.' l
Distillers-Seagrams, Ltd.—
2-7-47
$1.25
.......
Stores
Disston
8-13
.........
3
....
v
9-3
$1.75
9-
Dictaphone Corp., common.^.4% preferred (quar.)
,
1
$135
(quar.)...
10-
1
9-18
10-1
50c
Inc
"•Extra
:
9-7
1
10-
$2.50
7%
12-14
9-20
10-
1
* 9-20
10-21
75C
Co., common
participating preferred
participating preferred (s-a)
6%
8-12
1-2-47 ■
83
9-30
1
8-15
9-21
$ 15c
(initial' quar.)
Common
9-18
•
12-24
250
Match
6%
9-18
11-
'
10c
(quar.).
Alkali
Diana
9-14"
11-15
$1,75
8-31
Oil
Diamond
9-10*
,
-i 9- 3
dividend
special
9-16
9-30
Cur me
&
H.
'
■
8-15
9-14
Inc.
Hudson
Diamond
8-15
$1.50
7%
1st preferred (quar.).
7% 2nd preferred (s-a).
City Water Co. of Chattanooga—
4t%
8-13
$2
....
Dewey & Almy Chemical Co.,
Class B
8-31
V-
9- 1
$1,37%
■}'
1
Fund,
&
5%
.
1
9-30
(quar.)
Dentist's Supply Co, of N. Y. (quar.).
Union Stock Yards (Colo.)
8-15
9-30
10-71
City of Paris Dry Goods— V
7%
1st preferred (quar.)
Cleveland Graphite Bronze com...
5% preferred (quar.)
9-
10-
9
1
quarterly
Common
9-13
$1.25
3
n
9
8-
3
$7 preferred (accum.)———.
Fenton United Cleaning 8c Dyeing Co.—•
8-13
'
common
RR.
Feltman
9-10*
1
(quar.)
Brook
i
9-
9-
10-
8-
8c" Gas
Water
increased
8-23*
$1.05
(quar.).
Bound
■
9-
Denver
if6V"l
9-
40c
Equipment Co., common..
(quar.)
Clearing Machine Corp. (quar.)
&
\
Works
6
p..:- $1
(quar.)
,
- 8-1
9-16
$5c
50C
preferred
Company,
Delaware
9-20
_
10-1
45C
Cohn
^
10- 1
(9-16
30c
Delaware Power & Light—
>.
4% preferred' (quar,)•
8-26
i'^1
9- 3
,15c.
Clark
Stores
&
preferred
.
9-ii1f1''8-l9
$l5q
—.—.......'
it?:*-'
9-16
10-
35C
(quar.)
(quar.)..
Investing,- 5%% preferred '(quar.)....
of New Castle Water, 6% pfd. (quar.).
Stock
3
&
1%
Delaware
8-31
$1.25
...
5%
9-14
35c
(quar.)—
,
preferred
& 8-15
9-16
(Alfred)
Deere
8-20
1
750
Financial Corp. (quar.)
Auto Stamping Co. (quar.
Ice & Fuel
5%
4
$1.75
.....
40c
50c
(initial).
common
Decker
4
9-
$32
/
....—
com,
New
9-
3
25C
—
Corp.
Screw
Federal'
8-20
9-
35c
Federal-Mogul
9-24'
1
9-16
$1
Delaware
............
Knitting Ltd.
C. I. T.
'
9-
♦
V 9- 4
9-25
9-
25c-
Cincinnati Street Railway
City
City
City
City
9-25
•
X
...
——
e
10-
10c
Drug
8-45"
■ -
>
8-30
25c
*
Smelting—,
&
:
9-16 -W
1
9-3
9-12
>7%C
Federal Bake Shops new com. (initial (quar.)
Federal Light & Traction, $6 pfd. (quar.) —
Mining
9-10
25C
——
Co.
'
•
9-16
«
25c
;
37VaC
Co.,
11-15
9- 3
10-15
10-
,
8-16 ; :
1
10-15
30c
———:
pfd. A
8-31
.-
1
9-16
50C
——,
conv.
8-31
12-
25C
preferred B_
Rubber
9-
,
'
V.*
8-15 V
9-10
30C
V
8-31 ••ii7)
..
1
9-16
15C
'
(quar.)———
;
Federal
(quar.)
pfd.
Leather, class A (quar.)
Class. B
(quar.)
Dayton Pgwer 8c Light, 4%% pfd.
9-16
a-
20c
Cincinnati New Orleans & Texas Pacific Ry,
<
5%
preferred I (quar.) ^
—
Bar
1
1
750
Chicago
Extra
1Q-
■
Davis
9
30c
?.•
7% preferred (quar.)
Chrysler Corporation
Cincinnati Milling Machine,
4%
preferred (quar.)
28 %e
Publishing Co., $4 prior pfd. (quar.)_
Cushman's Sons, 7%
preferred (quar.j
Cutler-Hammer, Inc._J.
8-12
9-
75c
(quar.)_—_
Yellow Cahjj
Christiana Securities com.
8-30
Curtis
i
8-12
1
10-
50c
...
Circle
:
I
35c
RR. Co. (quar.)
Chicago Corporation,. $3 preferred (quar.)
Chicago Rivet & Machine Co. (quar.).—.
Chicago South Shore & South Bend RR.—
Common
10-
45C
v,
H:;- 75C
.....
Chestnut Hill
9-16
&
Cunningham
8-3Q
9-10
8142%
Co. (N. Y.)
(quar,)
Chesapeake & Ohio Ry. Co. (quar.)........
Chesebrough Mfg. Co. (Consol.) (quar.)..
.
93 %c
-
conv.
9-
$1.25
——
——
Faultless
9-23
Semi>annual.
.■
8-31
9-10
25c
common
Extra
10- 1
Co.
&
9-14
-
$1.25
(quar.)
(quar.)—
(Chicago—
Quarterly
Quarterly
Farrell-Birmlngham
8-15
$1.50
(quar.)_,
guar.
(quar.)———
Sugar
$1.50
7-30
Forster, 8% preferred (quar.)
Culver ^Corporation (extra) • .1^-.....—-.-
9- 9
9-12
15C
Chemical Bank & Trust
•
2
9
(quar.)
Crum
1
10-
$142%
25c
4Va%
9-
Special ___4
—
America
Champion Paper & Fibre,
preferred
^
80c
Famous Players Canadian Corp., Ltd. (quar.)
Farmers & Traders Life Ins. (Syracuse, N. Y.)—
Corp.—
$4.20 preferred (quar.)
Crucible Steel Co. of Amer. 5%
9-14
:
9-14
150.
>—
2nd
'
9-13
$1
Gregg
Family Finance $1.50
i
9-
250
8-31
.8-31
10-1
I
2%%
,
&
(The)
Fajardo
8-30
$$1.25
$1.50
Cork International
convertible
9-10
7%
RR.
Extra
3
Works—
9-10
<
0-16
;
.
—
(quar.)..—...
Corp.—
(quar.)—......
;
270
$1.04
...
(quar.)
prior pref.
8-31
9-20
6%
Century Ribbon Mills
Certain-teed Products
4%%.
$4
'
9-20
8-30
8-16
(quar.)
$1 class A (accum.)
Crown Cork to Seal Co.| Inc. $2 pfd.
Crown Zellerbach Corp., common
r
1
9-
9-10
10-
(quar.)
Corporation
8-15
(accum.).....
Steel & Wire Co.
Central
Co.—
9-3
9-16
8-28
preferred
11-15
10-15
Fal^
Federal
Loom
9-13
1
75c
»
—
i-
Coe
Fairbanks Morse
9-25
;
1
10-25
.33%% ::
—....
1
9-30
:
Pittsburgh
preferred
Faber
Co.—
Knowles
&
1
10*
$25c
h
:
Extra
8-15
9-10
(interim)
Crown
1
9-
25C
prior lien preferred
$7 prior lien preferred
6%
3
9-
$1.50
&
5%
9-14*-
•:
11-30
250
common-.
(initial)
$6
Sexton
9-16 i
8-24*
i
9-
>
Coach
Eversharp, Inc., common
9-30
10-
10-15
(quar.).
8-15
9-
900
.
.....
ordinary
9-13
Ltd.—
4%%. convertible preferred
8-13
9- 1
Crosley
Stock v dividend
Central
&
Crompton
.V
850
Central Ohio Light & Power—
3.6%
preferred
(quar.)—,
Central
10-
87 %C
6%
Ltd.,
8-30
1
20c
9-16
Service—
9-13 •> 2
•
(accum.)—
Co., $5 preferred A (quar.)
$5 preferred A (quar.)
i.
Exchange Buffet Corp.;, (quar.)
9-16
25c
62 %c
Corrugated
Paper Box Co.,
preferred (quar.)
9-16
10-
$i.3iy4
9-20
pfd.
non-cum.
8-30
20c
:
10- 1
Cornell Products, 6%
Erie'
Erie
9-13
20c
$1.25
$1.12%
(quar.)
(quar.)
Power
8-16
3
1
10-
$1.37%
$1.50
Erie RR.
1
9-16
40c
'
1
:
(quar.)..
convertible preferred (quar.).
$1.50
Public.
preferred
9-
3
1
10'
30c
'
common
$1.50
Light 4%%
preferred
6%
8-16
9-
10-
9-13
$1.12%
Cornell-Dubiller' Electric, com.
(quar.)
$5.25 series A preferred (quar.)
9-15
9-17
8-21 1
43%o
Copperweld Steel,
$1
1
preferred
8- 6
40c
9-
40c
8-10
5%
preferred beneficial certificates
$2 non-cum. class1 A (quar.)
Equity Corporation, $3 preferred
(quar.).
y- 3
Corp. *
8-15 >
93%c
9-16
Steel
English Electric Ltd.—
8-28
3
$1.25
.v.; 30c
-
preferred
.
9-14
9-
$50c
preferred
$3
1
9-16
$25c
(quar.)
...
Company,
Continental
pfd.
;
—
—-
25c
(quar.)
Ltd, class A
Continental Commercial Corp., 7%
Continental Oil Co.
(Del.)
Central Coat & Coke—
Central Cold Storage
(quar.)
Central Foundry,
5%
conv.
10-
(quar.)
r-.
10*
$1.25.
(quar.)—
25c
15c
,
$6 preferred
12 %c
150
(quar.)
quar.)
$5.50 preferred
9-14
$1.12%
(quar.)
Continental Casualty Co. (Chicago)
'
preferred
Catalin Corp, of
9-14
1
•
of Reo
Payable
Share
!-.;
Engineers Public Service, $5 pfd. (quar.)
10- 1.
10-
Co,
t
'k"V. Name ofVtmpany
tpT:*
$1
Consumers Gas Co. (Reading, Pa.) (quar.).
Consumers Power Co., $4.50 pfd. (quar.)...
Continental Assurance, Chicago (quar
Continental Can Co., common (interim)
—
for each
common
held
(J.
7%
New
•
81
(stock dividend)
Two additional shares of
Case
Paper
9-22
$3
(quar.)„,.
1
V
—
....
Consolidated Gas Utilities (quar.)
Consolidated.'Laundries Corp. (quar.)
9-10
$37y20
Telegraph
(Bait.)
...
preferred series C (quar.)
4%% preferred series E (quar.).
.8-16
>
of Reo.
Payable
■
4%
$$1.50
;
Carolina
1
Share■
Consolidated Gas, Elfcc. Lt. & Pow.
Common
(quar.)__
Boiaert
■^When
per
ttoldert-irr
When-
Per
Name of Company
•*
8-26
Heat
Co., Ltd. 6% pfd. (quar.)
Canadian Wirebound Boxes, Ltd.—
$1.50 class A (accura.)
Extra
o-
*25C
„
1
h.V, ;S?
1946"
Monday, September 2,
1
of Reo.
■
10-
$500
Railway.—
Corp; {increased
Ttre
Canadian
Boiaert
,
Payable
Short
Pacific
'.s'rv
hCft'
9-
3
8-23'
'
Volume 164<;Nttmber 4521
>
THE COMMERCIAL & FINANCIAL CHRONICLE
1247
T
*:
>
i,
Pot-1
.
rfi Worn® o/ Company
.•
Engineering Works (quar.)
15c
.Great Lakes Plating
(quar,)lOc
:Great Northern Paper
i,'-'. 40c
Green Mountain
.'Great West
Power, $6 pfd. (accum.)
Saddlery 6% 1st. pfd. (quar.)
Sugar
5%%
pfd,
conv.
,Griggs Cooper
9-30
10-
8%
,v
1st
Group
new
(quar.)
Corp.-
Oil
Guantanamo
(initial)--/
9- 2
8-14
:■% 25c
-Jewel
9- 1.
•> •v
$1.25 ..,* 10- V
a
________
;
$50
—
$1.25
>.
-
5a!f (W.
,^0t£ers~®tores Uuar.)
P.)
New
10-
$1.10.
.
1
Instrument
■;
•
Hamilton Watch
Co., com.
(quar.)
4%
preferred
Hammermill
'
4 % % ...preferred
Common
-
(increased
(quar.-)
10-1
10- 1
9-10
6%
$3
,
-$4
9-
8-15
9-14
25a
Vf
*
•«■'»
'
>.
„
9-14
;
■
B
<
•
8-31::
2
5%
'8-12
9- 2.
8-15
4
1
,•*
'
*-J,
'
*
*
Dauch
25c
——
3
8-24
9,14
15c
—
L
preferred
9-27
50c
9-
•
Lumber Co.—■
10-
<
'
—
$4.25 <preferred
Company,
4%%
5%
preferred
(quar.)
1
(quar.)
preferred
...
Stores, common—
—
Car
Motor
5%
Bryant,
v-Lehn
;
t-
Lee
9" 6
Power Co.,
9-
Co.,
Inc.
v
.
,
12-27
9-
V$50c
;
..r.'
1
preferred
(quar.)
& Fink Products Co.
9-
8-
1
"7 9- 3
31 'Ac
37%c
8-
>
9-
7
9* 3
9-
1
9-
3
8-15
8-12
Sugar
9-
preferred
fe $1.75
3
6%
15c
9-5
$1.25
9-30
9-20
$1.25
12-30
9-
9-12
9-
Tobacco
preferred
y 37140
(quar.)
9-
1
pfd. (quar.)...
Co.,
of
Canada,
Sales
Tobacco
of
10-
Colour,
9-10
$1.50 convertible participating pfd.
Steel Products
ji5c
:/
(quar.)
/Indianapolis Water Co., common A
5% preferred A (quar.)
'Industrial Acceptance Corp., Ltd—
5%
conv.
8-13
y
1214c
(quar.).
.
9- 2
9- 2
8-21
1:8-15
20c
9-
3
1
Ingersoll-Rand
/ ' Inland
Corp.,
Co.
614%
pfd.; (accum.)
$1.62%
Consolidated Copper—
Shares, Ltd.—
y t,<
grbup Shares (s-a)
Bank
•
6%
'.['''-./v
•
•
....
International
Bronze
Powders,, Ltd.
partic. preferred (quar.)i—
'
International
'
International
Business
/
^25c
Institutional
' «
2%e
International
Utilities Corp.
Bakeries, ,$5 pfd.
common
preferred
(quar.)
(initial
8-22*
8-28
9-16
3
.
9-30
Fireman Manufacturing Co.—
Common (quar.)
Common
(quar.)
—
—
.40c
.
9-
3
9-
3,
8-15
>8-14
9-16
9-30
9-30
9-16
&
$25c
8-
7*
8-
7*
9-20
10-31
10-21
$2
10-
1
9-21
1-2-4T
12-21
National
8-23
National
$2
___———
20c W
(quar.)
9-
9
9-10
1st
7%
preferred
(P.)
3
9-
3
10-
1
9-17
>
3
8-20
8-16
$1.50
9-
25c
10-
1
9-
9
$1.75 V- 10-
—
com. (quar.)>———
(quar.),-—
1
9-
9
!
15c
9-13
9-12
88C
—
V" 30c
> 8-30
$3c
9-16
8-16
Mines,
Ltd.
(interim)
_____
y, MacKinnon Structural Steel Co.,- Ltd.—
5%
preferred (quar.)-—
Mackintosh-Hemphill (quar.)
Macwhyte Company ' (quar.)
Extra
$5
$$1.25
-
25c
9-16
Mahon
(R.
a;
9-27
65c
9-27
(P.
Stores
9-16
8-30
Marsh
9-16
8-30
Marshall
20c
9-14
8-31
Martin
,
3
8-10
30c
12-
2
11-9
75c
.10-
1
9-10
$1.50
10-
1
9-10
R.)
i
:•
<M.)
&
Sons
Field ,&
(Glenn
$1.50
•
9-10
10-
1
a
oA>M
/
pfd.,
9-30
9-12
9-28
9-19
12-28
12-10
9-16
9-
9-16
8-30
(quar.)__
Company
-
(quar.)—_____
Corporation, 4%% pfd. (quar.)__
4 % %
preferred {quan.)._„____u__.
4%% preferred (final)—
3
8" 8
10-
1
income
8-23
9-
9-
9-14
$1.06y4
9-30
75c
10-
1
9*18
10-
1
9-18
$1.12%
9-
1
$1.12%.
9-
1
3714c
10-
1'
National
National
9-3
9-10
8-20
y
9-10
9-10
10-1
400%
/
9-30
$1.12%
12%c
Stock
Standard
Steel
7%
;
,
8-30 /
"
8-19
9-3
9-30
9-14
11-1
9- 2
8-20
10-1
9-16
9- 9
^'
y
8-26
10-14
9-20
9-1
8-21
9-28
■
^
9-16
25c
.
9-15
9-18
.?
10-1
25c
______
-
en
.'
.
'
V
„
'
„
,
$1-80
;■£;/ .;15c
}"31"4;
19c
8c
9-15
9-15
50c
75o
50o
9-25
9-14
10- 1
1
*
9-14
1-21
9- 9
r
,
Corp.—
(quar.)
—
(quar.)__
Inc. (increased)
Nestle-Le Mur Co., class A (accum.)
{> New Amsterdam Casualty Co. (N, Y.) (s-a)—
Brothers,
8-31
8-31;'
\
(Pa.), $2 preferred (accum.)
preferred
;
■
preferred (quar.)
National Tea Co., common (quar.)
Nebraska Power, 6% preferred
(quar.)
Neisner
;v
9-16
10-1
Co
(quar.)
8-15
40c
—
v
8- 9*
10- 1
Series
Corp.
8-31
37%c
—
v
9-30
10°
(quar.)
& Research
Co.
9-30
$1.12%
(quar.)
V
9-10
13%c
(quar.)- "f.
dividend—
.
10-18
$1.75
$1.50
———
4y2%
'
8- 9*
50c
$1.25
50c
—______
(Initial quar.)
,National Supply
9-14
9-13
t
9'
9- 9
40c
y
series
Industrial
6
;
common
preferred
8-15 /•}
8-
9-2
11-1
10-15
10-15
10-15
9-14
V 9-10
9-9
National Pressure Cooker-—
9-25
9-10
.37140
$1.12%
initial
9- 1
15o
30c
30c
25c
10c
25c
25°
20o
10c
(quar.)
(quar.)—_—,—
(stock
6
.
$81%0<v
—;{?"'{'
(initial quar.)
(quar.)
Corp.
National Securities
3
10c
(initial)
new common
9-
8-16
8-31
9-12
;
National Pumps Corp.—
9-16
9-16
$1.50
$1.50
—t
#%
prior preferred (quar.)
National Radiator Co. (increased)
25c
8-15
25c
25c
(quar.)—>y
8"12-rift
9-13 .k-j;
8"3f l?l
40c
(quar.)_.—
4%%
;
,/
.,
Inc.
(quar.)
!«)
National Oats Co.
<7)0® National Oil Products
20c
\
(quar.)_
Maryland Drydock, common (quar.)——,
4%% preferred (initial quar.)
Masonite
9-30
Q
25c
(quar.)
Co.,
L.)
—
Products
preferred
9-16
$2
So Accident Insurance
conv.
9-30
25c
if"■ 1
1
9-
40c
Company
&
Fibres,
National Motor Bearing,
$1.50
I'tuihii
9-16
25c
;•
8-15f» \
o
9
20c
——
Corp
Manhattan Shirt Co.
9-
—12 %c
(special)
C.)
Mallory
National Life
8-15
8-23
9- 1
37%C{/. 9-3
—
Lead Co., common
preferred A (quar.)
preferred1 B (quar.)
4%%
8->15
6
9-
$1.25
Company (increased)
Maine Central RR., 6% prior pfd. (quar.)__
*
v
9- 3
25c
(irreg.)
/National Linen Service
-
8-31
9-26
>
25c
(quar.)
(quar.)
Magma Copper Co
vMagnavox Company
Magor Car Corp
6 %
11-26
America—
National
7%
8-30
9-3
12- 2
9-10
lo
.
;_____
preferred
>>,
6
Common
25c
com.
9-
/
—_
Magazine Repeating Razor Co.,
8-30
'
9-24
8-27
30c
(increased)
/National Discount Corp.; common (quar.)—
5%
preferred (quar.)
National Fire Insurance (quar.)
Dairy
1
9-13
$1
y
_____————_
Co.
Container
10-
'
Development
&
8-30* V y National Food Products- (stock dividend)
9"-!
/National Gypsum Co., $4.50 pfd. (quar.)—
9-12
Macassa
8-30
B
National Cylinder Gas Co.
Extra
1
National
8-31
25c
9-
v
8-30
*1
Company, common
Cash
Register
(quar.)
Cellulose
Corp.
(initial)
y National
8-31
8-30
$$2
(quar.)—,
>National Biscuit
8-20
$2
(quar.)—
9-
25c
$1.25
(quar.)
(quar.)
Co.
preferred
Battery
9-16
10- 1
8-15
10- 1
National City Lines, new com.
——
common
preferred
Mangel
30c
National
8-15
t$1.75
$1.75
(quar.)_
(quar.)
National'Automotive
y.
8-10
9- 2
9-14
9-14
: f
,
11- 9>
1
(quar.)
?Nanaimo-Duncan Utilities—
6%%
preference
(quar.)
9-30
9-15
'
*
—
$-15
$1
;
i
Taylor,
933/4c
...
1
2
$1
preferred
of
Co.
Namm's, Inc. (initial)
99-
25e
9-3
10-15
•
6%
8-10
40c
class
Nachman Corporation
87 %C
(quar.)__
A (quar.)
preferred
8-10
10-
Co.—
Corp.,
6%
8-26 "
9- 2
9-2
12-2
$31 %c
$55V2C
>'
»•
9-3
^
.
25c
(quar.)_
oa'aS
9-13
9-14
25c
—_
2-
9-16
9-14
$75c
,*»
3-10-47
9-14
' $13c
$44c
(quar.)—
'
8-23
10- 1
—
Society
Mining
(quar.)
Chemical
9- 3-"
9-14
,
—___
Company
Oil
Brass
4
8-13
9- 3
$1.62%
Company
Muskegon Piston Ring——________—
Mutual
-
8-23
12-10
50o
15c
8-13
9-30
;
(increased),
£6 preferred (quar.)—,—,
1
$1.25
quar.)
9-10
50C
$1.50
9-3
9-
•
.>
8-23
(quar.)
(quar.)_
(quar.)
Corp.
Mfg.
9-
10- 1
_34%c
75c
25c
(special)Muncie'Water Works, 8% preferred (quar.)
Murphy (G. C.) Company (increased)
11-22
■
75c
3
3-10-47 2 -24-47
50o
Lowell: Bleachery
Ludlow Manufacturing & Sales (quar.)—
; Lyon Metal: Products (quary-i-./-^.—_—,
(■•Lytton v(Henry ,C.) & Company (Irreg.)—_
8-16
30c
—
8-21
y
8-5
$1.25..
—
iron
common
:
9-1
i
...v22%c...
quar.)——
Utilities—
Island Creek Coal,
8-01
10-15
60c
(irreg.)
Intertype Corporation
Foundation, Ltd.—
6% convertible; preferred (quar.)
Iowa Public Service, com. (increased
Southern
'
9-10
9-
3
9-10
(monthly)-—,
Louisiana Land & ExploratioA— >
r.Y Increased quarterly
i Louisville
& Nashville RR.
(quar.)
yyV-
Investment
.
9-10
9-
■j'
9-15
(accum.)—
3.75%
9-30
Mullins
3
9-16
50c
—
common
8-22
9v
25c
87%c
_______
quar.)r:
9-16
.
Consolidated, Inc.—
&
common
Mueller
10- 1
,
•
8-15
9-9
9-10
10- 1
9-25
:
Diablo
Co.,
8-31
8-
.
/
Insurance
Wheel
Mount
8-21
y.
10-15
Class A (quar.). rv,:"
(increased)
Iowa
9-0
■-
>9-15
,
.Interstate
5%
8-16
.'10-15
—
Company,
prior preferred
8-
4
yi
3
$25c :-y 9- 2
Co.
Motor
8-31
9- 1-1
50c
$1
■
New
Interstate
5
3
$3714c
__2""
.International
,
•
-
3
$85c
com
common
(initial)
International Textbook Co.-—,——.
.
;
.
Safety Razor,
Silver Co.—-
Ltd., CI.
Co.,
participating
Kxtra
y Lorillard
9-
9-
m"
•V
6%
8-28
,
9-23y
,
Machines (quar.)-_—
$1.50
Cigar ' Machinery,-30c
'International Harvester, common (quar.)_
65c*
'
7%
preferred (quar.)—
-L_v.
V $1.75
•
International Nickel Co. of Canada
$40c
.•International
8-31
9-
40c
"Inspiration
!
5%
•'
Lord
9-10
L_—.•$1.50;
(quar.)
Co..1..—
Steel
8%
8-31
ILonghorn Portland Cement Co.—
9-12
.
preferred
preferred
10-26
8-15
50o
—
Quarterly
;r
9-12
$1.75
(quar.)
yLone Star Gas
y'
preferred
Silica
yv>
8-10
10-
(quar.)$$1.25
*9-30
5 Industrial Brownhoist Corp. (final)■■
15c
9-30
'Industrial Rayon Corp, -(increased auar.)__
50c';.^9-ll*
'Industrial
v
8-21
! $1.25
>
—
8-1
'
9-
30c y
4——
Loblaw
Class B
Morris
Plan
8-30
9- 3
9- 3
t$1.75
Morrison Cafeterias
7%
preferred
Morgan (J. P.)
$1.10 ¥ 12-10
Groceterias
';>.>• 7%
9-16
20c
62V2C
$25c
$20c
!
preferred (quar.)old common
Ltd.,
7
8-30
,
$1.25
common
Co.,
(initial
Corporation,
8-13
9-12
i-~.
•
9-20
9-16
1%C
y
Tool-
Co.,
9-
9-16
10- 1
25c
_____
preferred A
preferred B
8-30
9-12
8-24|
25c
preferred A (s-a)
common (initial quar.)
9-10
11- 1
8-24
9-12
$1.25
$1.50
_
,
Chemical
2
:
8-20
Li,'
(quar.)
common
>
8-20
■
•
$1.25
9-13
$1.10
Original capital
Original capital
Original capital
8-13
9-^1
$37%c
37%c8714a
7%
.
9-10
_
(Increased)-:35c
Muskogee
Lock Joint Pipe Co., common
Common
(monthly)
,-/Jndiana
'
1
3
8-20
9- 3
"9- 3
j 9- 3
40o
,
Machine
10-'1
30o
25c
,
Moore
8-13
9-
8-20
,
Co.—
Cottons, Ltd., common—
preferred (quar.)
Montreal Loan & Mortgage Co.
(quar.)
1
8-
2
9-17
9- 3
—___——
common
New
8-27 y
9- 3
2
9-14
:
9-
7%
8-23
9-
■>
8-23 V
9-16
Montreal
9-16
fyy Special
8-15
y
9-10
9-
v.
10-15
(s-a)
Monsanto
$3.25
8-12
„
:
.
8-24
3
9-
f
9-20
1
25c
$1.25
—$1.27%
$1.37'A
Line, common
Co.,
Chemical
uew
9
0-14
>
.{
•
guaranteed "(quar.)
Special guaranteed (quar.)
Special guaranteed (quar.)
Liquid Carbonic Corp., 3%% pfd.
7Va % •9- 8
(quar.).
common
*
8"
1
5
8-15
,..15c
$3.50 preferred (quar.)
Monroe Loan Society, 5%%
8- 9
9-1
9-
75c
75a
$1.75
37%c
(quar.)__
—.—
8-15
( •;.v
&
.Ireland, il^td:-—^v.yyAmerican deposit receipts
(final)
!_
Imperial Varnish &
Co.—
v
9-20
8-20
10-
i.
Ltd.
(quar.)
ICnitting Co.. common
Life
Insurance
(Springfield,-r
Mass)
Monroe
8"39
8-20
,-//
9-5
9-27
$1.50
Brewery,
Monarch
9-14
1
9-14
25c
preferred (quar.)— >■
(quar.)——
"■
Miami RR.
9-14
vjr„
15c
35c
(quar.)
common
9-30
'
3%
Britain
Inc.,
Stores,
9"14
■
5c
preferred
Monarch
8"-*
1
9- 2
10- 1
8-30
9-
V
1
Utilities
Monarch
12-21
1
10-
75c
(quar.)
B
Molson's
8-28
2
25o
10- 1
9- 3
9-2
(Del.)—
5%..;.'preferred
8-20
9-
8-20.f
$1.62%
Mojud Hosiery Co., new cpm. (initial).—___
8"19
10-
9-3
9-10
9-30
50c
(quar.)
Mohawk Carpet Mills (quar.)
y
12%c
—
(quar.)_
—.———
5%
5
9-15
25c
(quar.)^_,__
common
9-30
$10c
Great
Corp.,
9- 3
$1.50'
Ltd., common (interim)
:
.6%' preference (s-a)
Imperial
7%
8-15
1
7%
Little
y l'
9-
Service
class
8-26
9-14
preferred
Missouri
9-2®
3
Light
Missouri-Kansas Pipe
8"22
10-
9-16
8-30
97%c
Valley Canning Co.—
5%
preferred (quar.)
—I—_
Mississippi Power, $6 preferred (quar.)
8-14
1
Gas
Minnesota Mining & Mfg. Co.
8-22
11-15
1
9-13
Minnesota
9"23
■:
10-
—,_
;>. Minneapolis-Honeywell Regulator
Common
(increased)
9"23
10-1
10-
.
35c
Link.Belt Co.
8-30
10c
3
9-12
60c
1st preferred (quar.)
5%%-' preferred (quar.),
;6%
*
3
$1
25c
preferred
(quar.)_;
preferred (quar.)
Lincoln
12-20
35o
;;
i..
(quar.)
:
8-26
1
6%
V
(quar.)
(quar.)
convertible
'Imperial
•
2"
9- 3
'6214c
—
(quar.)—.—
Casualty Ins. Co. (Tenn.)
Savers Corp.
(increased)
Lincoln
;
8-12
•'
:
—
Plantation.—.
Illinois Municipal Water, 6%
'
8"15
8"
1
;
$5.10
*
12-31
Quarterly
8-19
12Via
$1.50
9
8-
10-
(quar.)_
'yy: 5% preferred (quar.)
19-15
a-ia
25c
7% • preferred (quar.) —_—^
Lily^Tulip Cup Corp. (quar.)
Lincoln National Life Ins. (Fort Wayne)—
9
tl.50
preferred (quar.)
Common
'
1
preferred
:Minneapolis
.
12-20
10- 1
11- 1
$20c
(quar.)—r_—
Liggett & Myers Tobacco Co., com.
Class B (quar.)————
8-20
9-10
Co.
D.)
&
Life
8- 9
!
(H.
Life
y 8-12
0- 9
10c 7
(quar.)
preferred
Park Breweries Association.^.^.—..
'Hydraulic Press Manufacturing Co.— ,
i
-t>
25c
Libby-Qwens-Ford Glass
Liberty Fabrics of New York—_—
9-16
1
6214c
——25o
—
(quar.)
(quar.)—
Co.
—
common—-
(quar.)
$4 preferred (quar,)___,
—j$1
yLeslie Salt Co.; (quar.)——
40c
Lexington Water, 7% preferred (quar.)
$1.75
8-12
25c
9
9-20
'
?.y
9-20
8-20
.Hyde
y:
8"
;r
30c
$1.25
$8o
25c
common.
( Le Tourneau (R, G.)->Inc., common (quar.)__
0-7
9-16
-
5%
<
3
;
Woods Milling
Sessions
&
$2.50
8-23
Ltd.—
Co.,
:■■■■■ - <
*
Co.
9-14 :
t„ 9-30
$1.0614
—_«•
Huttig Sash & Door Co.—
t
0
9-
6
9-12
81 Vic
35o
$1.75
Thermit
Water Co. / (quar.)
Midvale Company
(quar.)
-Miller Manufacturing Co. com._.,
Class
A
,(quar.)
Minneapolis Brewing Co
8-28
9-27
6,.
9-
9-11
(irreg.)___.,
preferred
$2.40
12* 2
9-12
9-
9-11
10- 1
62 %c
—
Co.
y Middlesex
9-20
12-23
$1.1214
$1.1214
50c
*.
$1.50
$1.75
$1,50 *
Lanett Bleachery & Die Works ^ (quar.),—
Laura Secord Candy Shops, Ltd. (quar.)
8-23
9-10
preferred. (quar.
f Hutchinson
.
1
25c
10-
11-21
9-30
9-30
^
'
—
Incorporated. 5% pref. (quar.)
(Huntington Water, a% preferred (quar.)...
:
,10-
9
40c
50c
(accum.)
■;
9-1
>
(quar.)_
Ly,
9-16
8"
8-15
9-13
15c
Co.^
(quar.)
Corp., common (quar.)_—
(quar.),
Metropolitan Edison, 3.90% pfd. (quar.).—
Meyer (H. H.) Packing, 6%% pfd. (quar.).
Michigan Public Service "Co, (quar.)
Mickelberry's Food Products—
&
7%
8-31
1
9-26
,
■'{r*
"
9-16
10-
8-31.
25c
87%c
Corp.—
partic. preferred
$3.25
9-12
9-14
...Lawyers. Title Insurance, 6% pfd. (s-a)
Leath & Company, common
(quar.)_:
8-21
90c
Pulp & Paper, £% pfd. A (quar.)—
Oil & Refining Co. (quar.).
Hummel-Ross Fibre Corp.—
1
•
7%
1
(quar.)
Lane-Wells
;
8-15
.
50c
62Vio
(Hunt Foods,
,
10-
12- 1
9-30
20c
A___—
(quar.)—
Disintegrating
-Metal
9-12
v:
25c
;
(quar.)
common
$2.50-preferred
9-27
V 9-20
$1.12%
414%! preferred
(quar.)
Hudson Bay Mining & Smelting
.Hudson
:
(quar.)
Superior District
Lamson
8-31
9-27
35c
V
.
Quarterly
v
(quar.).——..i—$1,06%.
common
!Humble
,
preferred
8-18
8-30
1
1
9- 1
Metal Textile
8-30
10-
25c
preferred
'
tHudson
.
414%
1
9-14
Machine
-Metals
12-
Co.—
Company,, common
preferred
(
9- 1
5
5
5
5
9-14
9- 1
912912-
20c
&
Mesta
8-30
8-20
$1.50
25c
—,—
9-17
9- 2
25c
*
Howard
•
(quar.)_
-
Co.,
9-
B-30
.
8-15
9- 1
50c
Class
1
8-15
9- 1
25c
25c
30c
30c
25c
50c
Class B
Merck
$3.50
9-14
20c
y
5%: preferred (quar.)
Lamaque Gold Mines (interim)
.8-20
25c i >10-15'
30o'
Houston Lighting & Power Co.
(quar.).
vBousfon; Natural Gas Corp., common
I
—_____
1st preferred (quar.)
Lane
$25c
'
I
1
■
$0.3616
$1-50
(quar.)
common
Quarterly
:
Merchants Refrigeration,
8"19
9-30
25c
$1.1214
Company (quar.)_
& Co. (increased)
(S. H.)
of the
Lake
10-15
•
3
Paper Co. of Canada, Ltd.—
Extra .'
.Hoover
8-28
•
15c '10-25
(initial)
Hooker Electrochemical Co.—
;
preferred
Mercantile Stores Co.,
Merchants Distilling Corp
Merchants &
Miners Transportation
9-16
1
Co., Ltd.—
9- 3
—_:——$30o
7%
9-3
preferred
(quar.)—t$1.78
Lake St, John Power & Paper Co., Ltd.—
;
10-15
Quarterly
___v——.:$50c
Extra ,y________y:':;,
t$iy 10-15
Lake Shore Mines, Ltd. (reduced)
tl8c y 9-14
t
—.^..—1
(Edward)
9-
<l class A (guar.).—-,25c '•
9-1
$1 class A (quar.)
25c
12- 1
-(Honolulu Oil Corp; (quar.)...
.—J
25c
9-14
6%
1
9-
-
Hires (Charles E.) Coi (quar.)....—L.
'Holt (Henry) & Co.—
■'/,
8"31
9-30
8-15
(quar.)
10-
40c
Emil) Co. (quar.)———
Common
8-14
...i31o ~
(monthly)
Quarterly
»Hiae8
'
Lake
8-31
com.
Inc.
(quar.)—...
Spencer Bartlett & Co.-—
Hlnde &
v.f
(D.
6%
8-14
9- 3
(initial)—
(quar.)
com.
7 % 2nd preferred (quar.)
La France Industries, 6% pfd.
*
9-10
Corp,
Kroger Company,
f
9-20
87^0
preferred
8-1'
30c
'
—
Corp., new com.
preferred (quar.)___
4%%
3
50o
—
6%
9-10
$1.50
—
i___:
Kroehler Mfg.
9-1
9- 3
9-14
(
9-
8-
9- 6
9- 1
9- 1
(quar.)_
9-16
30c
(quar.)J
Co., Inc., common (resumed)
Kinney' Mfg. Co.. $6 pfd; (quar.)'l._________
Kress
8-13
5
preferred
9- 7
25c
pfd.
conv.
Klein
9-13*
9-
6%
1
25c
.
Oil
Quarterly 1
Kresege (S. S.)
8-24
9-
9-14
9-16
10-
9r 3
8-15
California—
Corp. of
(quar.).
—
—
8-28
(quar.)
9-30
3714c
25c
$1.12%
_______
11-29
9-10
$1.37%
preferred
':
Kinney (G. R.)
a,
i78-20';y
9-
Special
King-Seeley
10- 1
9-
50c
25c
iquar.)
•b'Common -(monthly)
Hilton Hotels, 4%. conv.
\
:
11-30
$55%c
25c
$1.06%
_____
preferred
.
Common
i'
Wheels-
convertible
8-15
433Ac
%
-
5%
45c
(quar.)
preferred
5%
3
30c
—
(Spencer),, & Sons, Inc.
414%
/•<
Hewitt-Robbins,
'."'i.
—
:
(increased quar.j—:
Kimberly-Clark
,8-31
10-21
25c
$1.50
(quar.)____
quar.)
(quar.)—
preferred
'Hibbard
-
(quar.)
Extra
8-31 y
(initial
ZV»% preferred A
Heywood-Wikefield Co.
'
preferred
Keyes Fibre, $6 preferred (accum.)
Keystone Steel & Wire (quar.)_—
8-15
prior
5%
■
10-
Drug
Kerlyn
8-15
9- 1
common
preferred
Co.—
■
"•
1'
9-11
-br- 25c
coramon._.-...i.._.
Refractories,
Tobacco
9- V
non-cum,
New common
.
$1,12%
y>.
:
50c
_
(quar.)
conv.
."
•
1
|2
A
8-15
9- 1
—
$5.50 preferred B
Mercantile Acceptance
„
$1.0614
common
(quar,)____
Heyden Chemical Corp.—
r
•
10-
(quar.)____
Company, common
class A (quar.)
Company,. common (quar.)y,„
;V
414%
preferred
(quar,)——
Kennecott Copper Corp
.
■■
$1.25
12%c
com
preferred
$1.50
8-15
.
;
1
Co.,
.,
•
25c
(quar.)__
Hill
$6
y,
•
20c
$4.25
8"3l
9"
9-14
15c
Kendall
8-15
1
50q
•.
__________
preferred
1
25c
(irreg.)
99-
50o
preference (quar.)——-l75o
10- 1
pref, (quar.).—$1- 9-14
'Hathaway Bakeries, Inc.—
7%
convertible preferred
(accum.)
$$1.75
9-1
-Hazel-Atlas Glass Co. (quar.).
$1.50'
10^* 1
•HazeltinA Corp. (quar.)......
25o
9-17
Hecia Mining
Company—.—
25c
9-13
5Hellmatf (G.) Brewing (increased) i—.;
i
50o
9-16 v
Hendry (C. J.) Company, 5%% pfd. (quar.)
34%c
* 9-15
J Hershey Cteamery
(quar.).
'
50c
8-30
t
10-
Gas
9-10
20C-
(quar.)
—
>•
25c
Chemical Co.,
•Hartman
*'
,
15c
Natural
;;
8-31
:1
8-23
9- 3
9- 3
(initial
Ltd. (quar.)~___
Corporation, common (increased)
preferred (initial quar.)___________
2nd preferred (initial)
Mead
9-14
Kelsey-Hayes
8-20
25c
—
A.)'Company,
preferred
Hart-Carter, $2
■
1
Kellogg
*
9-10
1_
Harbison-Walker
•
10-
$4.50
9-10
$1.12 %
;
Extra
<
$1.50
City Power & Light, $6 pfd. B
Kawneer Company
8-23
$1.06%
-i,"
Harshaw
•
$1.50
Katz
8-23
9-14
4
8-28
8-26
(increased)
common
9-16
•
Publishing
Mclntyre Porcupine Mines,
8"31
Supply,
8-26
35c
—,—
75c
93%>0
quar.)
Newspapers, 7% pfd.
McClatchy
8-3!
&
8-26
9-16
9-10
(Increased quar.)
common
;McGraw
8-26
9-10
9-10
$5
9-20
9-14
9W
1
9-10
50c
Kansas
12-18
'
10-
25c
9-14
8-26
9-30
25c " :
—
Extra
$4.25
3
12-28
$1
(quar.).
________
(M.
9-
New
9-4
(quar.)
Joy .Manufacturing Co. (quar.)————»
Kalamazoo Vegetable Parchment Co. (quar.)
:
9
9-10
9-
4
9-14
5
8-
9
10-15
30c
(s-a)-,
$3.75 preferred (quar.)
May McEwen Kaiser Co.—
2
910-
,
$1.25
y
preferred
Kansas-Nebraska
9-
8"29
50o
-
Mfg.
6%
;•
25c
■
quar.)
v-J'-j-Class B
Hanna
1
9-14
8-30
$25c
$62%c
Ltd.
convertible
Common
8
$1
Joslyn
8-15
25c
lw
'Halicock Oil Co/of
California, class A (quar.)
Extra
(quar.)——
9"
B-3I
.Stock.* dividend'/40%
:
6
9-20
15c
Paper, 4 % %■ preferred—--^*.
'•"«
.?■
-
$22 %c
Manufacturing Co.—
participating
(quar.)
Preferential
participating
(quar.)__
:
Co.
Extra
8-15
;
9- 3
25c
Preferential
•
•:•:'
8-30
1
9-
25c
(increased quar.)____
Hamilton
■.
9-20
9-10
of Reo.
9-20
May Department Stores Co.—
.
9-20
9-16
62%c
;
•
__—
Printing Co>-—
(initial)
Cotton, Ltd. (quar.)
Hammond
•
Machine
Laughlin Steel, common—,—;
5% preferred (quar.)__
—!
Joseph <fc Feiss Co. (quar.)—:
>
9-6
10, 1
$1.50
common
.'Hamilton
—«»«-.•
8-26
9-
Holdert
Payable
14c
^
com,
(interim)
redeemable pref.
Master Electric
Co.
(quar.)
Matson .Navigation Co.
(quar,)__
$1.25
-
8-25
9-10
1.
9-14
1
irregular
Massey-Harris,
8-20
9-30
10c
50c
quar.),
&
.
Power, $6 preferred (quar.)
,Gulf States Utilities,, $4.40 pfd. (quar.)
Hajoca Corporation
Hall
Lamson
&
Jones
9-13
9-
Gulf
'
Jones
3
.9-16
10- 1.
25a
„
1 ;-
10-
30c
.
___
(quar.)—
(quar.)
-'"•v.-;
•
(increased
Corp.
Johnson & Johnson (s-a)
8-20
9-
•
Co.
Johns-Manville
9-25
:
9-27 ;
.
Tea
8-30!,
35c
60c
•
(quar.).__
Sugary $5 preferred
Gulf OH Corporation
9-16
8-30
9-ia
Share
Massachusetts Investors Second Fund, Inc.—
10-
75c
preferred (quar.)__.
—;
Jantzen Knitting Mills, $5 preferred (quar.)
Jefferson Lake Sulphur 7% pfd, (s-a)——
9-10
10- 2
34%c
__________________
.Gruen Watch Company
'
com.
preferred
No.- 1
:»
2<>-
Co., common (quar,)
$5
Name of Company
;J
10-
xl%%
Xl'A%
50c
$1.25
$1.25
(quar.)______^
C
D >(quar.)___—
Jamaica Water Supply
8-31
<»:30c
preference
preference
5%
8-31
9,30
(quar.)___
& Co.,
8-17
$75c
com,
5%
v,
8-20 v
8_3{|
8-30
10-
When
for
\
8-30
10-
_—
',•.. 7%
9- SV
preferred.(quar.)
$1.75
yGriesedieck Western BreworX"*^;.j.f.Vv *,'•*
<■
6
9- 3
,f
$1.50
3%
i
7%
g_31
9-10
10-
Jamaica
9- 3
^ >;> $75a
6 ?» ?.?d Prelirred teuar.L__.™
:Great Western'
9-
/ ,9-2u
Machine (quar.)
37V4c
Puouc Service,
Ltd., com. (quar,)
$l7c
preferred A
(quar.)
x$1.75
preference B
(quar.)^_„—.—. ,xl3A%
Jaeger
of Rec.
9-13
.
,
V
i Holder*
.When
"• >.\l•</;•8hafl$.!'a Payable
v• *,
Great Lakes
.
*
8-30
8-30
•'
9-14
9-4
B-19
9-19
on2
o*
5
8- J
9- 3
8-16
$!-75
9- 3
8-15
50c
»-i&
8-31
30c
9-16
9-
5
50c
S- 2
8-
2
20c
$1.50
8-15
.
1248
THE COMMERCIAL & FINANCIAL CHRONICLE
When
Per
Brunswick Telephone
$6
& Telegraph
New
Jersey
Dock
preferred
50c
,
ft Gas
Corp.—
40c
-
1
10-
-
$50c
—
•»
50c
10-15
t$l
11-
11-15
50c
9-14
Ry.,
American
American Car
-
preferred
Corp., common
(initial)
American Co.
Poor
V,
_____
1
North
American
8-14
Potter
8-19
Power
8-28
1
9-24
Insurance
ixortneastern
Powell
preferred
$2
Northern
—
_
Central
Northern
Ry.
Liberties
Northern Natural
Northern
$5
States
Gas
Co.
Power
preferred
(Minn.)—
5%
:
preferred
Northwestern
Public
K
•
(quar.)
9%
ft
?
'ifj.
40c
$$1.50
*io-
Ltd,— KK
>'
Ut,
'
30c
Confectionery
'
•
'Ohio
Publicker Industries,
-
8-31
9-14
'
8-31
$1.12
TOKXYK 9-10
Y™ $1.25 -y lOB'l
9-10
Omnibus
Corp.,
25c'
y>;p* 25c !
preferred ;(quar.)
..
Rapid
7% ' preferred-(quar.)
'y
...
;t
-
Common
5%
'Oxford
Paper,
$5
Pacific
preferred
Indemnity
Pacific
Mills
7 Page-Hershey
Panhandle
(accum.)
4%
-
x
new
common__7--'
Line,
Pipe
-
•
(initial
-
y
y
'Peerless Cement,
-
—
C.)
(accum.)
preferred
;
preferred
9- 3
50c
Richardson
9-10
Riegel
9-14
.
preferred
3.10%
Salt
Pennsylvania
State
4%
Y 5%
Y;. 5%
preferred-
-
prior
New
Co.
(increased)
&
preferred
4%%
2nd
Pfizer
Y:
preferred
(quar.)
Gear, 7% pfd.
(quar.)__,
(quar.)
preferred
(quar.)
;
$5
preferred
(quar.)
$6
preferred (quar.)
Philadelphia Electric Co.,
(quar.)
St.
.
St.
$1.75
Li-
7—
7
St.
:
$1.06 Mi
7
9-
9-5
3
;• 8-21
9-27
——.
9-
0.
5
Co.,
9-15
10-
1
10-
9-
9-30
■
a
—
o
bn5%
3
'
9-
2
3
10-1
<9-11
9-
k;;y
5
9-10
37%c
'
1
v
;
3
$1.25
10-
1
9-16
$1.25
10-
1
9-16
quar.)__
v7'y'25c
9-12
9- 3
9-20
8-10
'r
50c
7 9-
12%c
3
8-15
9- 1
25c
—
1
9-10
$10c
9-30
9-12
9-30
(quar;)_.;__I____ ;y 37 %c
10c
(quar.)
—^__
"79-16
s^
Y 9-10
r
9-
4
$1.50
A
(initial quar.)
of
Kentucky
of
y:.
_
i—
62%c
•
(increased Hi
.
10-15
9-23
10-15
9-23
Co.—
.
9-16
8-31*
$5
9-16
8-31*
17%c
17 %c
9-30
9-20
12-30
8-20
8-
j
25c
(quar.)
Y
.7
$1
:
9-
6%
8-30
9-30
I'lfif.j'in.K j ■ ■ % y
aiy*c
50ft'.
..
74
ft.
75c.
Acid
77...... 60c
7-7. $15c
(quar.L
.
75c
;
_______________________
(quar.)
Drug
,£
_
12 %C
Y..V- 50c
(quar.)
Inc.-
77
Incorporated
prior
6V2%
7.
12 %c
_w
„"Y,
A
preferred
(D. A.)
Class
Oil
-Sun
Sunbeam-
(quar.)
(quar.)
;
$1.25
$1.50
y;
_
YyyYK„
y
$3.25
(irreg.)
85c
;
preferred
Company (quar.)
Corporation
Machihe
(quar.)__
$25c
•
25c
35c
—
ToblyAMa4*^as»».sKiaii'
Mining Co. (quar.) ________—;—
Super-Cold
Corporation
(initial) _______—,
Sutherland
Chemical,
Paper
..
$20c
;
Sunshine
Susquehanna
i
,
.
___________W--4.1
Sundstrand
50c
.
.
,
(final)-.
Oil Co.
participating
A
>
25c
$5 preferred
preference
YY'??,/Extra
10c
7V
5y2 % ,pfd.- (s-a)
,
(quar.)__Y4:—• Y
Co.
10c
*Y $2.75
*
40c
,K
9-15
10c
9-
10-
1
Oil, 6%
preferred
Syracuse
Transit
Corp.
Tacony-Palmyra Bridge
6
Class
6
A
50c
(quar.)___
'; 75c
com.
' t
___'
31 %c
10-
preferred' (quar.)
(James) Inc. com.
Extra _7___
Talcott
9-10
;
1
9-10
25c
9-15
8-31
12%c
^___
9-14
9-10
Talon,
9-10
Tampax,
8-30*
Tappan Stove
12V2C
9-14
10c
preferred (quar.)
37y2C
(quar.)_——___—10c
Swift & Company (quar.)__
40c
7 Swift International Co. (quar.)
» 40c
Sylvania Industrial Corp.
(quar.) _Y
25c
Sylvanite Gold Mines, Ltd. (quar.)_—__—
$3c
2nd
4%
5%:%
15c
_'
'
Swan-Finch
77 ':*
quar.)
$3.40
-
250
9-
3
8-15
9-
3
8-15
20c
9iy4C
9- 3
8-12*
9-
60c
10-12
10*' 1
20c
9-12
8-31
93%c
10-1
9-14
Lace
(quar.)
_
Oil
4% %
____J
(quar.)__
-
75c
$1.25
15c
10c
preferred (quar.)
Incorporated
56yic
50c
Inc.
(quar.)^_
Sears Roebuck & Cb.
Second r Canadian
L^____
Y___
(quar.)
-
International
investment
-25c
25c
9-
*.
—
9-
1
9-
1
7%
8-22
9- 3
8-22 '
9-18
-
Co.,
Selby
Ltd.,
Shoe
4% partic.
pref.
(quar.)
-
Terre
.Texas
v
1
8-10
9" 9
8-30
9-
$10c>-
1st
.Tennessee
8-10
y
_7
—
Gold
Mines
Products
10c
-
10c
Co
preferred, (accum.)
(quar.)
y12 %c
Corp_7(quar.)-____^_-_—
Water "Works, 7% pfd_ (quar.)
(quar.)
Haute
Company
—
Texas Gulf Sulphur (quar;) —u
Extr4 - _1.
*-
Texas
<
—
'
Co.
25c
$5c
—
(interim)
Telephone Bond ft Share. Co.^
I
9-16
Hughes
Tecumseh
8-26
9-16
17r/ac
•
$19c$3iy»c '
Teck
10-19*
1
9-14
50c
(quar.)
Co.
11-
85c
:__
Company
preferred
Seaboard
9-12
45ci
(quar.t;.;._^_____—
Scranton-Spring Brook Wate^ Service, com.
Scythes ft Compajiy, Ltd., common (quar.)
;
5%
'
w
»
common
■
8-12*
3
J
-
Co.,
preferred
5
8-31
(increased quar.)
(quar.)
Brothers, Ltd.
12-20
9-15
'Ky.
8-157
8-12
Phosphate
Extra
$25c
$$2.25 *■
(accum.)
8-30
10- Ij
.
Ohio,
.-Extra
Stuart
.
8-12
9- *3
,
8-23
1-
(quar.)
Stromberg-Carlson Co.—
•"
preferred
9- 8
40c
.$*1.25
'
(accum.)
preferred A (quar.)
Scott Paper
8-20
25c
3%%
of -Indiana
Wholesale
Sterling,
Y
;
:
9-10
y:K7Y;
preferred;; (quar;)-
Stix Baer & Fuller Co. (irreg.
Stokely-Van Camp Inc.—
7
y7 y 5% prior preference (quar.)
7 8-23
50c
7:
(quar.)
Corp.—
(increased)
Corp.—-'>'*7
••
I
-
y
,
'J 8-22
; 9-10
...
?
v
8-15
preferred^ (quar.l__.
Stoker Co. (increased)
Sterling
8-30
__7_
Scranton
i
j.
4%
Works
9-12
10-
$1.12%
y
"
8-31
Stedman
8-15
y $$1.75
8-20
8-15 7
8-15 '
6
9-20
Sterchi Brothers Stores, new common (quar.) .;i- 12 Vac
;
7
Louisville—
_
Ltd.-
Strawbridge ft Clothier,
Pacific
(quarjy,
commonu_iprefrered (quar.)—
Standard
9-10
;
pfd.
•9-15
YY36%C y 9->5
K$l.ia% y;. 7 9-18
Standard
8-23
y
7,7
8-16
"59-15
4 9-
Paving ft Materials, Ltd.Participating convertible preferred,(s-a)_i
Standard Steel Spring—
i. i
8-15
5
9-
7"j'Extra
-,'.f
Quarterly
Corporation com.,.
Oil
Common
9-
::
_—__—__
common______
12 %C
9-16
Standard
7
8-26
■
9-16
,i
$1.06'A ;i
,
.
9-
ft
Dredging
convertible
Standard Oil
5
9-
9-12
37%c-
K Extra'
.
8-24
9-14
$1>,: y 9-i4
78-15
8-12
9-15
20c>
1
-
■
50c
'
•
$1.60
Standard
9-15
1
10-
9-
*
8-15
(Detroit)—-
Standard Oil Ca. of California
8-15
$1.75
__
Chemical Co.,
Standard
Y
8-22
r
1
i:YY>$ tf.
YY .75C
Corp.—
(quar.)_-
( quar.).
Standard-Coosa-Thatcher
•
8-28
<9-
*
Dreferred
Y33/4%
lev
Y/'r' 75C''
7 $1.75";
9-
ft Seal
preferred
Standard
9-10
It
6%
$1.60
:
Y -5%
*
•;..:<7v
Cap
10^
8- 8
9
..
50c
■>Quarterly-
Standard Oil
20C
Mountain
Acceptance
(increased
7
■
9-10,
9-2
9?y;
9.
_______
9-10
9-167
9-
.
10K1
1
8-157
9- 9 '■ S
t
Standard Accident Insurance
10-15
2
;
9-25
Staley (A. E.)>Manufacturing:■,.Co»**YKCYi.Y:7
New common (initial quar.)Y
$3.75 preference
(quar.)
9-5
11- 1
7
9-25
$2
.
y
9-25
;
Y
9-13
10-
''
$1
.
9-9;
15a*:
90c
(quar.)___^.___
Company (quar.)
Schlage Lock Co. (quar.)____
Transportation Co.—•
....
:
■
$1.50
Philadelphia Suburban Water, cpm,-, (quar,)_
$3.65: preferred
(initial quar.)^___
Philadelphia Transportation—
Participating preferred _________l_—___l
9-16
:m$v ■
..
9-16
..;.
25c
Life"lnsurance (DallasKjquw.jyY r 35c 7 10-15 i
9- 3
Company; *,$4.50.1st p$'4,';.(quac.)y_^ $1.37%Y
9- 3
C
$5.50 2nd preferred
(quar.)
$1.37'/a
79-14 ,-Y
Spiegel, Inc., $4.50 preferred (quar.)_c^yyf $1J2%;
Squibb (E. R.) ft Sons, common..—__—__
25c
$4 preferred <quar.)________
7YY Y,- $1
•
nt: 9- 8
25C
$1.50 ;
Schiff
8-30
for
Spear ft
8-317
10-15
yi
Southwestern
9- 3
11-1
8-31
9- 3
11-15
——
commony...
9-16
25c
quar.)
Co.,
7; 9-14;
15c
,
V,y,„
(quar.)_.._—.7^..^.
Southland Royalty. Co
$■.
!
>
(quar.)
Corp.—
Gas
840
Y'.'.
7
;7'Y
:
Union
preferred
15C
9-25.
9-15
15c
U
8-16*
9-14
.15C
(auar.)
Standard
:Y,
'
«l_u
Extra
Securities
8-30
Southern
Co.
9-15
37%c.
9-14
13 %c
..._.
10-15
1Y;
9-30
$1.00 y;
quarterly
Railway
4V4%
'yK
;
>^arnia Bridge, Ltd. (Interim
y I''Common
9r
>
9-16 : '>
10-
IK
9-30
10-21
25C
»—
Southern
■
io-
8-
.7. ,9- 1
10-30
$50c
Southern Natural Gas Co. (increased
Southern Pacific Co.
(quar.)
•
8-23
10- 1
8-10 V
$25C
i..—
Standard Brands, Inc., $4.50. pfd.
•/• Common • (quar.)
__y_.
f
9-10
...
87 %c
(quar.)
9-3
35c
Y 60c
8-10y
.
"
■
8-23
3 Y.
3
;
j 9-10
20c
preferred (quar.)
Greyhound Lines—
Y Increased
8-20
*
$1.12%
.____
preferred
8^12
1
9-30
•
•>
9-; 1
•;
7
y__7
class A convertible preferred
.
-r."
.....
,
(quar.)
Rocky
Sugar
3.Y-
9'
Southern Advance Bag ft Paper—.;
4%%
preferred (quar.)—..
$1.12% ; y 9- I K:
■;8outherhv CaHforniii'!7Edison-r->f
■.iu? V.. J; Yy
6% preferred B, (quar.)
—Y - 37%c- y 9-15 7
-So. California Water, 4%% pfd. (quar.)—
$0.253819 9- 2:f ::
4%- preferred (initial )r.-^.T,...^..7.£j;7i-$0.1304347 i.y.,79- 3 Y :
Southern Canada Power Co., Ltd.—
y. ♦.
'i- 6% participating preferred (quac.),..^—- 7 $11.50
10-15
f
9-1
9-30
-
Lead---iy77_i7-Lii_ii^7^KKY777_
Louis
Rico
8-20
9-137
>
^ 8-30
-.y;-. 9-10;
Manufacturing Co.
8-18
''
3
7,9- 3
10-1
;
(quar.)
Joseph Water Co., 6% preferred
Lawrence
Corp., Ltd.— yy
70c
8-23
5.-:t,,8.,23
9-
7*
$25c
5% non-cum. preferred
San-Nap-Pak Manufacturing Co.—
70c preferred (quar.)
9-6
In
9-10
(s-a)____
(quar.)
com.
preferred
Common
Y;Y-;
(quar.)
pfd.
9-16
25c
(quar.)_
St. Lawrence Paper Mills,
9-12
8%
9-;1 *":y;'8-"8
'$0- 1
9-10
fi 9- 3 ' ' 8-19
y
(quar.)__,
.:Y ;f
(initial
(Jacob)
Joseph
4%
25c
$1.06%
...
Philadelphia Suburban
St.
$l.i21/a
$1 preference (quar.)
'
Philadelphia, Germantown ft Norristown RR.
-
9-16
8-23:
(quar.)
Ryan Aeronautical Co.
<''■
(quar.)
Brewing Co
(Chas.) ft Company
7%
Russell
______
& Trading
Phelps Dodge Corp. (quar.)
Philadelphia Company,
5%
Philco
9-30
.
$1.12%'
Co.
8-20
9- 3
25c
shares
held)—..7.
■
'■.;;77:v. Extra
.
(quar.)__
Industries, Ltd. com.
Russell
:
9-
Co.
8-30
25c
4%% -preferred
Corp.— ' .KyV; y7;
$1.25 partic. Class A ( accum. )_„
Pfaudler Co., 6%
preferred (quar.)
Pfeiffer
9-16*
6'Ac
F
preferred
common
Ruppert
____dy__u_i__7_^._^
com,
4(4%
Petroleum
«
87%C
Brothers. Inc. (quar.)
Royal Crown Bottling Co. of
5%
preferred (quar.)_
(quar.)„_^
4% %
Perkins Machine
Milk
8-30
(initial quar.)'y
Co., common (quar.)
preferred
'
Pet
-'X
30c
Roos
Water & Power, ; com.
(quar.)
$5.preferred (quar.)
Peoples Drug Stores
Peoples Gas Light ft Coke_______7
Peoples Telephone Corp., common (quar.) _7
preferred
ft
9-3
*
Southeastern
Ronson Art Metal Works—
:£
Manufacturing Co.___
Corp.— y.;;V
8-30
'
additional
(two
shares
Y-yyy Extra
9-30
y
Company (quar.)
Manufacturing
Rockwood
Porto
8-30
12%c
*
*
preferred series
Rockwell
Water
South
■
7
7,Y
Electric
&
8-23 y
40o
—..
Works—
Lathe
three
9-30
—
(H. H.)
Pennsylvania
Corp.,
(initial quar.)
com,
,
97%c
^
;
Co..
dividend
each
aY
9-30
r.^;.'"-35c
(initial
A
Gas
Yf
,
Pennsylvania Power ft Light Co.
Pennsylvania
Perfex
-__i__—
Company _______yy7___-r!Corp., com. (initial quar.)
Robertson
partic. pfd.
Pennsylvania Glass Sand Corp.—, 7... 7 '.Common
(quar.)
;
5%
preferred
(quar.)_____
__________
.4%%
7...
Textile
preferred
Rochester
(quar.)_
(initial quar.)
B
$4
12-14
4-1-47
(quar.
Co.—
8-15
*37%C - " "9-12 \ : 8-30
'
93%cr yiO- 17
9- 6,
7
37VaC. ;77 9-15.7 79-Ty,
Inc.__
'
Bend
Stock
;
$1.75 J
(quar.)
3-15-47
50c
,
South
8-15
9-14
$1.25
$1.25
Oil Co. (quar.).
Dry Goods, common—
1st preferred-(qrrar.f
• ••
2nd preferred (quar.)
7%
(qu^r.)
$1
-
9-14'
.
Stix
7%
50c
(quar.)
y_
______7______________y_.Y;;!:
$1
$7
(stock dividend)-
common
8-15
v
8-23.
;
Manufacturing Corp., com. (quar.)—
conv. preferred A (quar,)..
55c
$1;25
Ranch
7
(quar.)____
common
(quar.)
(quar.)
Motors,
Rice
.7. Y 30c
(Increased)__7__K,?Y* 50c;
A
new
preferred
Rice
25c
C6K-.Y''YK777Y,y'K-Yy,;'
class
Company
Solar
9-13
*
Aircraft
Solar
;i:7
8-15
10-15
f
*
—.—-
Manufacturing Co.,
4% %,"■- preferred
(quar.)
i
j'Y.. 75c*
Pennsylvania Electric
4.40%
50c
—
Rheem
50c-
/ ;?: 25c
Y y : $2
—
8-15
59-14
50c
7 6% prior, preferred A ■(nuar.y_77771-77^Y'li;
Reynolds (R. J.) Tobacco, 3,6^ pfd. (quar.) y
y
$35c
•
;
(initial)
8-30
9-14'
$1.75
V.v. $2
___
Y $20c.
~
Telephone,
Common
Reo
T 25c
$1.06 V*
v
8-15
9-30
;
i
(Republic Investors. Fund, mcT—
7
6% preferred class A *(quar.)_;
6% preferred class B (quar.)
;
Republic Steel Corp., common (quar.)
30c
;
Corp.
preferred
Common
,Y
9-
25c
.
Rand Inc., common
$4.50. preferred, (quar.)
Y
40c
~
*
quar.)
& Ford;. Ltd.
Electric Switch
(J.
—
Remington
Penick
$1.20
8-15
87 %c
Bit. (quar.)
Brothers,
/:Y;3%%
I___"'
y.7% preferred, (initial quar.)
Patterson-Sargent Co. (irreg.)
Penney
9-
■y,
Regent Knitting Mills,
Regal Shoe Co. (quar.)____
Y7
Reliance Grain,
4%
preferred (initial)
Reliance Manufacturing Co.—
87V2C
(Peter) Inc., new common
Peabody Coal Co<,. 6% preferred
Roller
Reed
-
quar.) 7_li;
>PauI
Peninsular
45c
9-
Reeves
,
9-10
9-24
9-13
.
—...
-
com.
,
8-21
9-13
-
.
new
quar.).
preferred (quar.)
(Howard) Paper Mills, common.—
y';' 4 % preferred (quar.)
Socony-Vacuum Oil Co.—.——.
_____________
Y
.____!
(quar.)
Pictures—
-common
Common: (initial
"Penn
8-22
*•
___
Transportation ' (quar.)
Parkersburg Rig ft Reel Co., common
:}■
$4.25 preferred - (quar.)
Paton Manufacturing Co., Ltd.—
r-
8-15
$1.25
Co.___
Reed-Prentice
Parker Rust-Proof Co.
'
8-22
9-20 7
9-
—,
"
Y
(initial)
com.
Parmelee
?
8-20
-
:
(increased
3%%
-
8-20
3
9-20
8-23
'
,
Smith
'
9-12 ,. - 8r29
Rayonief. Incorporated, $2 pfd; (quar.)*—..'
50c ;*' 10- -1 *" 9-13
Ray-O-Vac,' ContpanY (qu*ar.)~ LL77.L—yyiy;
:25c yy 9r 1 ^'8-lT '
*/r«.
fX'r'Y.-"
Raytheon Manufacturing Co
60C 710- ly
9-15
r?.: $2.40 convertible preferred (quar.)
Reading Company—
y Y T Y"":Y-Y7';.Y;-Y: Y7
9-12
7y 4% non-cum. 1st preferred (quar.)_______
50C1
7 8-22
Real Silk Hosiery Mills, Inc.,* com.
15C
9-15;,. ■8-26.
(quar.)
9-13
10- 1 ;Y
$1.25*
if."':$5 prior- preferred
(quar.)
$1.75s
io-; iy 9-13
yv $7
preferred
(quar.)___
(quar.)
Tubes,
preferred
New
9-
8-15
'
.
v
7
(increased)___
Eastern
Paramount
$1.50
9- 3
8-15
9-
50C
(quar.)_-_
Paahau*Sugar .Plantations (increased) 1____7
•
35c
9-
41%c
L.__y—17———1...4
Packing
-
9-;l'.'v.-
9- 2
9-16
$1.50
-
-y
*
7; 7r,(V Extra..—..i
58 %c
'7B^ybestbsTManhattan; Inc. "Cqttkr^T;—37%c
;
10-15
;--__y7i__v^_K__7-yr
:__-____-_7___ivy;
(quar.) -
preferred
Rath
$$D75;. 7, LL-15 ' ,10-rl5
'' Ttf-l6^'.9-20
•
Otis Elevator Co., common (irreg.)
!
6%v preferred
(quar.) ___K.-u.77ii7y.i77iY
Ottawa Light Heat ft Power Co., Ltd.—
Y
'
(ttt-9-1'3
" ,0
9-20
"10- V:
"
(quae.)
■:'*' Extra—i
££s-Uiffi
.Co^^'Ltdrcom.5;(cpiar^) 7" y-$25c ;*711^15
Oppenbeim Collins & Co.* ■ (quar.) 7K;KE-iKY^i''50c.
Oshkosh B'Gosh, Inc., common (quar.) __-__^ - r 10c
$1.50
37 %c
preferred
(quar.)
'
9-30
"
-$2
__-,T
Ontario Steel Products
41 %c
;
preferred (quar.)
Electrotype Co.
(quar.)
,
,
8-30
9-14
$1
_
$3.90 preferred (quar.)
Skilsaw, Inc.
(quar.)
Smith (Alexander) & Sons Carpet Co,
Common (quar.)
—7.1.
8-16
Italstocv Pufinay commom '(qua^.J__y.lTyi_iy 7
t
(increased).
City Gas & Electric—
Common
10- 5
5 50c
Purity Bakeries, Corp; (increased)—
* 50c
20c ''7
Pyrene Manufacturing ■'
;20c' " v .9-10
30c*
.Quaker-State Oil Refining (increased).*
' y*30C* '- 9-16
Queen Anne Candy. Co.—_ —*7%C * * 9-15
7%C
Power
8%
1
preferred
-
Steel
&
Extra
Sioux
5
10-15
■;
8-31
;
5%
iy
8-28
7-28
"
9-14
8-
5
59- 1
-
5
1
9-
2% % *
$4.754- preferred (quar^yy^-^iiiy^w.^
$1.18% 5
Puget Sound Pulp ft" Paper_______._^——. 25c y25c
50c fl
Pullman, Incorporated (quar.)f. ;
50c 7;
Pure Oil Co., common (quar.)j,__.._——7fy?!25c
25c yy*
y
8-14 y
9-30
3
8-20
$1.25
v
——
com.
Saw
convertible
Simplicity
Simpson's, Ltd., 4%% pfd. (quar.$$1.12%
Singer Manufacturing Co. (quar.)
•;
$1.50
9-14 *
/
$1.50
(quar.)_
(accum.)
——
preferred
(quar.)
preferred (quar.)
$5
t,
9-20 y
—
Publishing Corp.—.
preferred (quar.)
75c
Patterns Co. (initial
10c
$3
8-20
10-15
$5C
": >•
'
8-15
Simmons-Boardman
Public Service Electric & Gas—-
9-
9-
3
75c
$1%C
—
preferred"(monthly)-—————,^'
7%
10-
3
9-
1
(N/ Y.)—
(quar.)
Co., 4%%-' preferred (quar.)—- j$1.12%
9r 3
8--7
'Ohio Seamless Tube Co.,-common (irreg.)K K; $1.25fhlic.a".* 9r.5*
$1.75 ' prior preferred
(quar.) _!_7y.KK—-:'-Y' 43%c 9-10
:
preferred
preferred
9-21
1
9-
70c
t.-.
Simonds
8-22
'
(quar.)_
8- 9
50c
-
_K__K-sK
6%
8-9
9-
1
'8-22
•: 9-30
r
8-22
9-
Indiana, common
(quar.) ———.'
preferred
9- 2
^
9-14
9-
2
9- 3
:
v
9-16.',
••*
8-15
9-20
of
9-21
iV
10c *
7y
Co., -common^_,...^
Preferred »Jquar.)
Co.
$5 preferred (quar.)
6%
preferred (monthly)
,*■
9-20
-
_
♦Ohio Finance 4%% pfd. Yquar.^
5
5% prior pfd.- (quar.)
Service
■
:.K $ $1,507'
(quar.)
pfd.
■
8-15
3
9-20
(monthly)————
8-20;; f;.; 7%
9-10
Manufacturing Co., (quar.)' ■" 15c ;
;«jgilvie Flour Mills, Ltd., common (quar.)—
125c';
7%
preferred (quar.)
zM
_y $$1.75
-
preferred
\K7YYY4yY;
(quar.)
Corporation
8-20 s
3
9-10 f"
-Oak
Ohio
5%
ye,9-1
15C
'
3
9-
3
9-
-9-16
9-
'
$1
-T" 35c-'
>
9-14
'
9-20
10- 1
9-30
-
8-15
9-16
——-U
y;;
3 %%
lo-i.,;
40c
preferred
9-
8-15
9-
pfd. (quar.)_yy—
—'wi«.—-L-
8-24
?>.i9-28
.
4%
8-24
9-14
'
(reduced)
Trust
&
4*
8-26
10-15
preferred (monthly)
preferred (monthly)—
.
Power
Bank
6%
8-20
'•? 9-'"3;
$1.50
$1.75
__
6%
7%
9-16
9-'3{
Light Co.; 6%
:
.
>
9-25
9- 7
10-15
(
5
Mines, Ltd.
..'Public Service Co. of Colorado—;
8-15
8-
Dome
Quarterly
9-14
9
9-
9-14
9-1^.:
■-.50c/ • 9-15
Signal Royalties} class A. (quar.)
—t A'25c
t 9-15
:
8-31
Silknit, Ltd. 5% pfd. (quar.)a--.--i-j--.—$50c v- y9-14
Silverwood Western Dairies, Ltd.—
;V. ',y'-v'
>
5%
preferred (quar.)
-*1- $$1.25
10- 1 /:i 8-31.!
i.-'-y«'.u y; Simon
(Franklin) & Co., 7% pfd/-(final), y $75.48
'
9-12
t
4%% convertible preferred (initial quar.yy y '
9- 1^
Simon (H.) & Sons, Ltd., common (quar.)
8- 5
$30c
9- 3
5%
8- 5
;
preferred (quar.)_.
$$1.25
9-3
•
8-20
3
1
9-
$2.50
Public Service Corp. of New Jersey, common-
_____7K7—
Utilities,
preferred
8-15
1
80
Nu-Enamel
National
1
Norwich Pharmacal Co
;
Public
9-
'
Scotia. Light
8-22
$1.05
:i
';,
v
Northwestern States Portland Cement (quar.)
Extra
L__.
__7___—_l™—_—
Nova
Electric
Service
(quar.)
7%
•
Public
$1.25
(Wis.)—
6%" preferred
.Northwestern
2
Public
(quar.)
preferred
9-
10-
-
9-
9-27
10-1
10-15
(quar.)
8-31
'
(final)
Northern States Power
(quar.)^_____„y„u-_-.^y•
35c
Co; (quar.)y_y__——r
25c
Corp., common—25c
'
8-31
;;
iSiok's Breweries, Ltd. (irreg.)'415c-y'9-30'
Signal Oil Si Gas, class A_v-,»-—i— :>v
50c
9-15 y;
.
•
23c
10c,Ji-
G.)
Optical ;Co. : (quar.)
'-t -Glass
10c
————__
Proprietary Mines,' Ltd,—-t;—
Prosperity Company, 5% preferred
East
Shuron
8-23
$$1.50
$76c
—
(quar.)
—
9-10
65C
-
•
Corp.
(Frank
Sherwin-Williams Co.,
8-16 *■
9-3
$1.50
Ltd.————
(quttr.)
Co.
8-31
250
__
Co,_
'
25c
River Co.,
Food
Preston
600
(quar.)____
Gas
Steel
.
r,
—
—
of Rea,
9-11
f
4%% preferred (quar.)___-y«w^w-:^—59%c
Shepard-Niles Crane; & Hoist (quar.)_*—* "
$1
8-29
2
$30C
:
—^
1st pfd.
9-3
25C * K' 9-10
I.
9- 3
-_y' ■yYv $1
9- 3
_Y Y-Y1' $1 *
(quar.)„iL
Co., $4 prior pfd.Y
Water
Hoiavre
Payable
•V '
-
"9-10
9-.
$1.37%
preferred" (quar.)
partic.
9-20
■'
9-12
9-25
•
•
>' 37 %c
—;
9-20
$1.50
8-20
~
—
'V
River
When
Share:
(quar)
-
Shellmar Products
25c
t'rX
(quar.)————
Prentice-Hall, Inc., common
$3 preferred (quar.)
pfd. (accum.) preferred
(accum.)y—_____
$1.37%
Pennsylvania RR. Co. (quar.)
$ 1;
JY
North
Power—
1
10-
5%%
'Nortn
Electric
preferred
non-cum.
Pratt
6%
-
Shattuck
$1
——
Company
Corp. of Canada, 6%
6%
(stock dividend)
Invest.,
Sharon
-
9-10
One share Pacific Gas ft Electric for each 100 shares held (subject to
approval ofthe
SEC)
——7-
$1.75
B——
(quar.)
A
preferred; (quar.)
5% %
.
9-19
10-
;
35(5
*
9-10
42c
y
__
3
9- 2
,
25c
•-
6%
;
8-15
30c
$2.50
—
(quar.)
-
$1.25
yy
Company, class
$1.50 'preferred
Potomac
1
9-25
'
-
•
&
$1
(quar.)
common
Aviation,-—
9-
B
8-26
'
.
>8-31
(quar.)
Western
Per
-
'
,,25c
Corporation Class A
Class
9-14
•
7 % preferred' (quar.)
Plymouth Oil Co. (quar;)—^'
Pohd Creek Pocahontas (increased)—u_—
.
; 8-15
(irreg.)
North
t
3
9-
Ltd.
Mines,
North
$2
9-16
9-10
50C
Corp.
Electric
.
1
■
North
8-31
8-15
10-
.
•«:
1
9-10
■
$1.37%
$5.50 pfd. (accum.).
; Pittsburgh Terminal Realization Corp.—- - "r "
:T
$5
Liquidating- ——'
-U'4.?
Pittsburgh, Youngstown - & Ashtabula Ry~; &W; »',s*
9-16
9-16
i 9- 3
Y
$i
Pittsburgh Steel Co.,
i
-Niagara Lower Arch Bridge Co.,< Ltd. (quar.) Nineteen Hundred Corp,, -class A
(quar.)—»-
&
8- 9
8-31
$1.50
Quarterly
Norfolk
1
93 %c
(final)
derrick
1
10-1
y
"
Name of Company
r
(R. B.), Inc.
10-
9-16
75c
y
..
Semler
8-13
10-15
30C
•
r,
—
;
8-15
9-3
$1
^
Pittsburgh Brewing, $3.50 pfd. (accum.);.—'
•"
;Pittsburgh Coke & Chemical, $5 pfd. (quar.)
Pittsburgh Consolidated Coal (quar.)
i
; "
Pittsburgh Forgings Co.
„————w_——
8-15
10-1
37 %C
Newport News Shipbuilding & Dry Dock—
Noma
3
9-10
*
25C '•
■'
-
Noranda
9-
■
$2.25
■Newport Electric Corp. com, (quar.)
3%% preferred (initial quar.)___^vjJ—_
l-
:r
of Reo.
3
"
$1.27%
-
9-
30c
(quar.)
Suspender Co.
(quar.)——
Pittsburgh Bessemer & Lake Erie (quar.)^»
.
.
_
—
Telephone (Ohio) (quar.)
Newberry (J. J.) Company (quar.)
Newmont Mining Corp.
(quar.)
preferred
tt Older i
Payable
,
$50c
Ltd...—
Pioneer
8-20
9-12
9-
$1.50
preferred!.-—
9-10
9-10
9-26
r
25c
(irreg.)_—K"
(quar.)____
9-16
9-30
$1.50
____
___
non-cum.
1
Engravers & Electrotypers
Pillsbury Mills, common (quar.)
$4 preferred
Newark
6%
When
ret!
Share
Name of Comvant
T
Photo
9-30
Co.—
—_
$5
10-
$1.50-
(quar.)___
Co
York State Electric
5.10%
pfd.
City Omnibus-Corp,
York
New
New
Zinc
York
1
of Rec.
10-15
$12c
(quar.)
Ltd.
New
-New
Payable
Share
Co.,
New
England Laundries,
England Telephone
Quarterly
EolClert
1
Name of Comvanv
New
i
Monday, September 2,
Public
Service
(Del.)
(quar.
.
35c
25c
$1.75<
50c-.
11-1
'
'--7*
V;:"'I
;m'AT'V1
■
1
If|l^
(,
(»
v^.'l >'
1
,i * >
,
f
-rr if it I*"/,"!
t
ibi, *v **
aATt.>y >i, JAMn,7•
;/'
.
"i*r
(WHy'i
!
*-> ;■
•
V
- 'I
[Volume 164
'
//
Number 4521
THE COMMERCIAL & FINANCIAL CHRONICLE
*
Land
&
Thermatomic
Thew
(s-a)
Co.
7%-pfd.
Products,
Tilo
Roofing
Time,
Tip
Top
Tobacco
American
Toledo
Co.,
preferred
.,7%
5
10-
1
9-
/
.
conv.
$4.50
?.
pfd.
prior
8-20
8-20
Common
8-20
$5
10-
3
9-
1
Western
9-16
25C
9-10
9-
9-10
8-30
75C
9-30
6
pfd.
(quar.)
9-16
62'Ac
13%C
——
9- 6
Corporation
Asbestos
Union
Oil
;
—---ir—
J,.
Ruhber
&
9-10
9-20
^
California—
of
A%
Union
933/4C
Sugar
Tank Car Company
Union Wire Rope (quar.)
United Aircraft Corp.—<
-5% convertible preferred
.
Union
10-1
3
9-
3
;
: 8-31
:
V
8-15
3
Aircraft
United Bisouit
Products
Co,; of
(quar.)
United
Electric
Coal
Uhited Elastic Corp.
United Fuel Investments,
k
6 %
preferred A
.
!;&■
prior preferredpfd. (accum.)
Ltd.—
,
37c
gas
U. S.
U. S,
1
10-
9-3
8-15
9-16
"
10-15
j
i
■; 9-
3
'
,.7 %
preferred
(quar.)
25c
U.
Leather
Lines
S.
U. S.
Co., 4%%
•*»
1
1
60c
9-15
fr 8-15
12-26
—
«
Quarterly
22V2C
1-2-47
:kr! 40c
9-20
40C
i12-20
——
♦Transfer
■
—
,
.
;
*
States
resident
8-15 /;
S.
pfd. B
office
expenses,
8-20
8-9
15%;
resident
tax.
A
1
$1.12%
——-
*$7,088
3
taxes
cost
::
(after
prepaid
k
BALANCE
for
reserves
insurance
SHEET AS
^ '9-', 3"
75c
9-15
/
12-15
7%.!
Less
a
;/i
??
class A stock
value
ipar
(par
cent
value
9* 2
share),
per
Dr$382,816;
10-1
9-14
i
)
v
per
total,
$402,547.
:■ / /; >
werer
'
Water Corp. (& Subs.)—Earnings
%v
/
!
1946
1945
$1,494,319
$1,468,248
804,374
780,831
,
64,183
,
income
Gross
tax.!!;
Interest
—
and
'
other deductions
/
of
$625,782
63,991
subsidiaries
/
2,997
amortiz. of debt discount, premium
(net) and expenser etc., of corp. only
Net
General Corporation and
$623,426
4,220
Interest,
-
8-15
^
Non-
source.
9-14
10- 1
,
$1.50
*
share), $303,-; *
$2,593; capital sur-
expenses, maintenance and taxes—
for depreciation and retirements
Provision
tax. //
$6
earnings
Operating
—
1
deficit,
Pennpylyania State
12- 5
Income
\;;w
30, 1946
past fiscal year, 10,632 shares of class A stock
by'Uhe company.—V. 162, p. 2791.
;
acquired
~
British
.
taklHg-imo
payable (trade);' $1,114; accrued taxes and
for Federal taxes on income, $500; deferred
$4751659;- operating
Gross
the
*$7,088.
after
NOTE-Pn|rthe.
k.
9-11
at
OF JUNE
*
dividend,
deductible
$9,558
.
depletion and revaluation of $51,009), $113,146;
and expenses, $688; total, $402,547.
(dontra), $771;
clasiHB^ stock
plus,
v
15c
'
^
made
premiums
$749y provision
expense,
income
978;
8-17
9- 5
is
on hand,
$177,474; accounts receivable,
crude oil .inventory, $770; investment in capital stocks of
Industrial Enterprises, Inc., $50,500;. property, plant and equipment
(after reserve for depreciation of
$36,717), $53,974; . oil reserves, at
4
8-31
;
.
income
on
+500
,
'•j% $5,995;
/-'
9-15
:
(est.)
.mKR
■
12-20
9-16.
(
"
on Income
317,063
/l
316,071
$305,701
:
$303,135
K 10- 1
;
$10,058
income..
on
LIABILITIES—Accounts
10- 1
-
taxes
,8-15
1-1-47
11-30*
1
13,039
$20,081
12,993
ASSETS—-Cash in banks and
0-6
Canadian non-residents'
tax
12,664
$21,756
......
an
9-20
9-3
8-22
1;
1^
.10-9-
75C
■■
15%
2,647
$7,042
operating loss carryover from 1945 in the amount of
$6,787. Hadf'."not such carryover been
available, the provision for such
taxes would have been greater
by approximately $1,500.
tDeficit.
9-16
750
this
funds,
4,858
$9,092
operations............^.™!.-;
..rfr
9-20
25C
i—i..*
funds, less
6,018
31,814
on
consideration
9- 3
$5c20c
loss
*:Provlsion« for Federal
,
'
for
15,623
3,298
drilling' operations....!.
and
>>,
23,125
<
Net
8-21
9-16
: 8-20
(increased quar.)
closed
Canadian
in
tax
& Lithograph. Co.—;
Printing
and
18,262
,
^
;
-
depletion.-'^.i-j.-.—:v
Prqvision^fot Federal taxes
'
preferred
'4%
10-
10-
$1.18%
U. S. Plywood Corp. 4V2V0
United
600
$1
Playing Card (quar.)—J
8-31* fk
not
provision V.,
depreciation...,
Profit before
8-20
9-16
-
Jamaica income tax.
books
19,915
■
of
depletion.-.•
•
8-20
9- 3
30c
tPayable in U.
tPayable
i—
——
on
Net
10-15 V;
>10- 1
~
Limi,
30%
xLess
$34,349
Other income
8-15
.{.
10-31
Francisco)
Quarterly
wells.
12 Months Ended June 30—
v71c
43
$43,264
8-23
25c
y
'
9-13
for
Administrative
8-15
25c
i
Zeigler Coal & Coke Co. (Irreg.)
y Zlon's Cooperative Mercantile Institution—
8-20
—
(initial.s-a)
pfd.
—
oil
9-16
1 v;
.9-1'
..
$1.12%
■
—
common
Youngstown Sheet & Tube
Youngstown Steel Door
Pipe & Foundry—
■> Quarterly
;•
Loss
8-19
-
(quar.)
Co., class A
y
>
6
9- 8
$1.75
—
for
$1.12%.y- 9-16^.>-9-
(monthly).
^
(San
1945
$34,306
71
—
shooting,
Provision
i;
190©
Manufacturing Co.—15o
Co.
and
Provision
>
9-13
1
10-
9-
Cab
New
9- 3
>
9-30
10-
50C
'
U. S.
9-17
Towne
Yellow
8-20
3
&
1946
$43,194
sales
depreciation' and
8-31
1
9-
for
-8-10
.9-1
$1,50.
Co., common
$101,591
"
preferred (quar.).—.:
prior preferred (quar.)_
Jr.
$42,432
>
sales
revenue
8-23
9-10
16-
k[:
(monthly)
-
8-20
9-
50c"
(quar.)————
U. S, Hoffman Machinery Corp.-—"
4% %
preferred
(initial)
.
Yale
8-20
9-
20c
Guarantee Co. of N. Y-————
3
9-3
$2
''$*.■'■
(Wm.)
$44,261
■
operating expenses, exclusive
'
5
20c
Other
;
9-30
9N
Total
Drilling
8-15
'
1.12'/a
Wright-Hargreaves Mines, Ltd. (quar.).
Co., (quar.)
k 9-20
$3.50
r
9-16
■
Wurlitzer (Rudolph)
8-15
10-10
;—
Co., common
3
$2.50
,
Gypsum
9-
convertible
Wrigiey
y/r Common
% 8-15 ?;
58yac
(monthly).—
preferred '(s-a)
U,- S. Graphite iiCq^
.
v
•.
9-11
9- 3
53o
-
4y2%
y 7-17
convertible
26,500
8-15
•
convertible preferred
4V2%
/ 9-10
50o
United New Jersey RR. & Canal (quar.).—
U. S. Envelope Company, common (quar.)..
Special
1
10-
50c
prior preferred (monthly)——_r——
6.36% prior preferred (monthly)—
.7%
8-20
$1. ;/v10- I
*"
6%
V';';
9-10
;
4,345
4.564
28,000
;
oil
from
•
8-23
■
$105,935
Penn Valley Crude Oil Corp.—Annual
Reportfrom
.
5.
—
preferred
-
9^"e
1
9-10
$75C
-
—-
United Grain Growers, Class A pfd. (interim)
Illuminating Co. (quar.) ——
United Light <5r Railways (Del.)—
7%
8-31
kk'hxk':K;
United
.;,,
r
9-15
10•
75c.
(quar.)
-J
8-16
9-10
$1.75
irv 25c
—
'8-30
3
9-
30c
.
Cos,,; (quar.)
(increased irreg.)
9-16
25C
.
(quar.)—
United Cigar-Whelan, $1.25
United Dyewocd Corp., 7%
*
25c;
America———
Fastener
588
$73,497
Years Ended June 30—
Revenue
.
United
United-Carr
'
423
:
adjusts.'-
.
8-27
Corp., common
' • 10c ^ 9-1 V
(quar.)
3iy4c
,9-1
WoodalJ Industries, 5% cony; pfd. (quar.)—.
3iy4c
9- 1.
Woodward Governor Co. (quar.) J.
.
25c r,
9- 5
Woodv/ard & Lothrop com, (quar.)
—50c
9-2'7 %
7% preferred (quar.)
i
$1.75 V
9-27 v
Woolf Brothers, 4y2%
preferred (quar.)„_
56V4C;
9- 1
Woolworth (F. W.) Co. (quar.)
'S&yK 40c 6 9- 3
Worcester Transportation Associates—*4
20c ' - 9-30 ■iv
Worthington Pump & Machinery, common— f 37%c
9-20
5%
!h:9-
$1.25
(quar.)—.—
$105,347
income
on
forma
pro
751.
p.
Revenue
$1.06y4
6%
preferred (quar.)
Wood Newspaper Machinery
<
164,
taxes
9-14
'
(increased):
3.60% pfd. (initial quar.)
.
k 8-16
9-15
8-15
30c
Common
8-31
9-10
15C
25,214
$73,074
'
V. 4,452
Federal
1
'
;
30,438
$76,363
$76,713
Prpfit before
—V-
12-18
25c
30c
28,271
exps._„
........
350
9-10
$1.50
admin.
&
operations
income
for
9-16
9-14
10-
' $1
-
from
deductions
Prov,
1
9-
1
V!
Other
„
11- 1
2
(quar.)
general
'
1-2-47
4/;,. $3
$130,562
9-18
9-
C;"'
$103,512
1
1
10-
10-
%-
3,527
$104,634
Total
1
2-
9-30
$1.50
pfd. (quar.)
Wisconsin Electric Power Co.—
v
3
11-
11-15
$$1,12y2
preferred
(quar.)
Wisconsin Company 4ya%
8-20
9-
t 9-
1
60c
J
—
.
10-
20c
(quar.)———
•
:i
'if; 9-10
$1.50
42
(s-a)'.
—i
Co.
(quar.) «!—-—'
preferred
I
'
2-15-<"
40c
$4.50
$3.75 preferred A (quar.) —————
Union Pacific RR. Co., common (quar.)—_
11-15
25c
(George) Ltd., 4V2% pfd. (quar.)
Paper Co.
(quar.)_._„^
$127,035
2,776
Other income
8-15
$1.25
Grocers (s-a)
Wichita River Oil Corp., common (initial)
Williams (R. C.) Company
,.
'
9-10
3
$1;
(quar.)
$100,736
2,446
—
8-23
25c
Instrument
$102,188
profit
revenue
Profit
9-13
2-15-47
$1.25
$1,239,343
1,112,308
8-15
" / 9-16
$1.25
(quar.)_„
Apr, '46
840,611
Total
9-16
.
4
$1.25
Williamsport Water, $6 preferred
v<Willson Products, Inc.,,—
±4,
Wilson & Company, common
9-16*
,50c. ; 9-30
17%o
10-; .2
(quar.)——
Other
9-18
1
r
Y5c
May, '46
$941,347
987,720
sold
goods
5
10-1
9-
"75c
(quar.)__
3 White Villa
'
Underwood
Co.,.common
Extra
,
9-12
10-
t
75c
,
>
9-20
8-23
9-
3
:9-
22yac
$1.12'A
preferred
-
1
10-
50c
(quar.)_.
Whitaker
6
9-25
! 51.12'/2
'
9-
25c
com.
.
preferred
Weston
9-6
9-30
<
*
1
9-
June, '46
$1,089,908
w„
of
Selling,
(quar.)„_.
Electrical
,
10-1
$1.50
Stationery, common.„,_n
(quar.)
-111™™-.-—
Weston
6
9-30
37V2c
—
9-
Service
RR.
Cost
8-15*
9-30
$1
(quar.).
(quar.)
A
/
Westinghouse Air Brake
:
Westmoreland, Inc. (quar.)
1
(quar.)—
Pacific
8-17
3
'/ 10-
(quar.)
preferred
(quar.)
Supply Co.
preferred
3
9-15
20c
5%
8-30
9-16
30c
Water
^
$1.50
25c
5%'
9
22V2C
pfd. :;(quar.) ——__
Union
•
(
SUMMARY OF EARNINGS
Sales
-
preferred
',u
..
Month of—
8-17
Gross
/.
..____
$6
'
)'J1 .,1
; /1
■
$5 preferred A'foimr.)
Western Tablet &
8-24
11-
9-
U
Utilities,
Auto
3
—
————.—w
Tyler Fixture Corp., "5%%
Western
3
11-15
*
;
;
preferred
|25C
208 South La Salle Street Corp. < quar,)J..!.,
Disc Clutch Co.
————^
Twin
2
9-
Virginia Pulp & Paper..
$4.50
3
25c
Power—-
Snowdrift—
West Virginia
9-
$1.50
pfd. (quar.)—
quar.) ——
(quar.)
West
3
9-
———-
com.
Texas
9-
:
25c
$1.50
West
50C
(increased
Twentieth Century-Fox Film
•
8-
9
&
$4 convertible
9-15
58V3C
41 %C
(quar.)__•,,
(Dallas) (quar.)'
conv.
9-
57*
;
———,—
6%
50C
t7y2c
5\°K\pfd.! (monthly)
Coal
8-26
/ 8-20
;
(finsf
Insurance
9-16
9-10
Oil
$1.12
,
;
of Reo1
3
20c
$6
preferred
(quar.)
Waukerha Motor (quar.)
.
Wesson
97
-
/
—/,/<
Washington Water
.
9-
...
Wellington Fund, Inc.
50c
'
v—\
(monthly)
Tropic-Aire, Inc.
if
1249
Boutert
Payable
75c
Corp
87 9
9-3
25C
5
Petroleum
8-30 V
9-15
/25c
—
Transue & Williams Steel Forging
Truax-Traer
8-31
„
D.) Co., common
preferred (quar.)
;
Wnen
-
Share
(S.
$4.50
Warren
'8-30
(increased)—
(monthly)
Tooke Brothers, Ltd.
(quar.)"'
Trane Company, $6 1st preferred
Trinity Universal
9-
9-16
Name of Companv
; *,
Warren
11-25
9-15
$1
(Irreg.)—-——///
preferred
2
9-14
.•—;
(quar.)
receipt's
Per
v
:
/
3
25c
common........
>
,
deposit
Edison
6%
Ltd.
9-
$1.75
quar.)—_——
Bearing
Tailors,
Securities—
12-
$2.50
__
(interim)..—-——
Roller
of Bee.
15c
Inc.,
(increased
Inc.
■
(quar.)
\A%
preferred (quar.)___
Tide Water Associated Oil Co.
Timken
Bolder*
9-27
'
I
_
(quar.)
Company
Shovel
Thompson
'
"
__
When
10c
(quar.)
Co.—
Carbon
$5, preferred
Thermoid
Co.
Payable
Share
Name of Companv
Oil
'<«t
,
Per
! !
Texon
m *
.
tr,'t
income
-v.- 163,
3143.
p.
.
'5%
62 %C
(quar.)—
preferred
U. 9. Rubber Co., common
,
;;
1st
8%
U; S.
1%
Tobacco
common
Co.
;
,
com.
#/
.—...
(quar.) — _———
U. S. Trust Co. (N. Y.)
(quar.)—
United Steel Corp., Ltd. (resumed)
Universal Insurance Co. (quar.)—
—
Universal Laboratories, Inc.—
non-cum
k $8.75
common
!
8-15
25c V,
$1.06%
750
'
$1
50c
/
50c
—
6%
•6%
•-
6%
.(quar.)—
(quar.)
—
preferred (quar.)
preferred (quar.).———-———
preferred (quar.)
preferred (quar.)
Corporation—
'
A
Class
(monthly)
—
—
—
;
Walte
1
common
Walker
—
Class
Brothers Class
B (quar.) —
Washington Railway
5%
5%
5%
& Electric
:>
%.
";9- 1
$1.25
62%c
37 %c
v
CAPITALIZATION
2
10,000
1946,
assets
of
($100
;,
stock
S
&
V
and
37 %c
5-1-47
Liquor Co.
common
3,750
stock
classified
($100
shares
7-15-47
now
proceeds
outstanding
in
the
$225,000 will be used to construct
5
bottling
9-
8-15
10-
tional
9
stock
9-16
8-16
50c
9-16
*8-13
stock
33 %c
62V2C
$2.50
$1.25
$1.25
11-
11-
1
9
to
a
(3)
and
to
were
4
re¬
V'i
•
facilities
of
such
or
will
$1,199,714;
be
applied/as
(2)
joaps
approximately
additional distilling ind
acquire
approximately
subsidiary.
general to
finance operations,
f
of
shares
purchase
of
are
common
as
129-
2
names
$187,500
will
11-15".
3
8-15
12- 2
11-15
rights
at
rights
to
time
any
not
are
purchase
to
being
and
25,000
addi¬
including July
offered
for
sale
by
j
of -
incorporation,, /
27,
shares, were
1,
the
was
changed
The 585,000
issued' in
exchange for the 9,000 shares* of
outstanding, and the 9,000 shares were re¬
tired.
On June 28, 1946, the company gave its bond-and
mortgage,
in the principal amount of
$480,000, secured upon premises 32nd Street
and
Allegheny
Avenue,
Philadelphia, Pa., in
connection
with
the
acquisition of those: premises.
Giving effect to these changes, the
mortgage debt and capitalization of the company, as of July 1,
1946, were as follows:
'
stock
then
.
,
.
Outstanding
Bond & mortgage to Pennsylvania Co.
for Insurances
>
>
•!;■•///'
$480,000
on
'k-, Lives «fe Granting Annuities, trustee
for sundry trusts, !,.>
"I \
22, 1951—interest 4%
60,000
to Wilson Welder & Metals Co., Inc.;. k'4!,ak: —•' kef
maturing March 9, 1949—interest 4%.^—;
■, 23,833
' 1
Bond & mortgage to Bonanno Construction Co.,
Inc.,'
•///
"/
>
'maturing - April 4,/: 1949—interest 4
.*;>?.6,000 k,,j
maturing
Jan.
Bond & mortgage
,
6%
non-cumulative preferred stock ($100 par)
stock -($1 par) —4
Common
HISTORY
& BUSINESS—Company
Pennsylvania under the name of
in
incorporated
was
5,000 shs.
•
585,000 shs.
;
Jan,: 19,
1925-
Pep Auto Supply Co.
On Oct.
the present name, The Pep Boys—
Manny, Moe & Jack.
Company's principal place of business is the
Southwest Corner, Fifth and Courtland Streets, Philadelphia, Penn¬
1928, the name was changed to
22,
sylvania.
The
■?
;
operates
company
Pennsylvania,
•
New
The
of
Delaware,
Jersey,
?.
.
chain
a
merchandise
sold
44
retail
Maryland
consists
of
stores
located
In
the
District
of
and
low-priced
automobile
The
balance
not
applied
and
inventories
will
accounts
pfcrfis and accessories,
to
be
the
used
stock
,
of
which
the
underwriters
and
receivable.
the
have
respectively
.
_
t>
-
.
v
..
.
company
also
has
purchases
its
but
space;
the
at
present
Shares
it
The
with,
a
is
vacated
company
major
No. of
Shares
of
automobile
by
does
rubber
and
UNDERWRITERS—The
&
12,500
Alfred O'Gara & Co
5,000
Newburger
Rotan,
4,000
Kobbe, Gearhart & Co., Inc.
Kalman
&
Co.,
Inc
6,250
Co.
Gardner...
Mosle and Moreland
6,250
6,250
a
large
number
which each
has
agreed to purchase
& Hano
office
is
and
of
Company
and "Allegheny
for
this bubilding
for
Avenue,
warehouse
occupied
of the building
by
the
must wait !
_———
It
are
and
as
——
—
has,
however,
the manufacture
contracts
and
supply
of
shares
tubes.
underwriters
Cook
Reinholdt
&
Street
to use
manufacturing.
Newhard,
—
time,
bicycle tires and
15,000
Boyce
32nd
manufacturer
6(1,750
&
Bros.
from
the Government.
no
Stein
Bros.
at
and the company's use
Daniel F. Rice and Co.—_
Strauss
merchandise
Pa! which it intends
Government,
S.
property
purchased
Philadelphia,
to
;
•
The
PQUtces.,/It maintains two warehouses at the present time.
number
agreed
and
Many of the items of merchandise are sold
unc§:r trade names owned by the company and another corporation
Controlled by the selling stockholders.
'
^
/,
,:'///
until
they
tires and tubes, radios, bicycles, hardware
Ms$ellaneous items.
be
follows:
No. of
10-15
9-10
authorized
of, common
U.
.UNDERWRITERS—The
10-15
1
June
Columbia.
subsidiary for the construction and acquisition of addi¬
*
9-25
bearer
stock
common
1946, the authorized common stock
.-from 15,000 shares ($100 par) to
585,000 shares ($1 par).
($1 par).
outstanding
and
8-16
t$l
3,750
8-16
9-14
underwriters
of
purchase
CAPITALIZATION—By amendment of the articles
effective
which
the articles of
stock.
in
8-
9-12
of
The
exchange for
stock
common
capital
:
—
into
1946,
foregoing purposes will be added to working
9-10
par),
issued.
9-14
1
$1
~Co.—
facilities;
plant
available
9-10
10-19
,
preferred
$1,221,769)
of
amount
5
-
7,
the
common
(estimated
9-
10-
stock,
approximately $500,000 will be used to reduce bank
(1)
9-
9-20
$135,432
_//>.,
•
PURPOSE—Net
follows:
9-15
3
of
authorized
($100
shares
June
common
($1 par)
9-15
40c
—
On
($100 par)
par)
375,000 shares
as
of
the company in
eliminate
4-15-47
8-1-47
$1.75
stock
3,750
issued by
were
classes
common
amended to
reclassify the
The
10-15
37%C
500,000 shs.
debt
par), of which 10,000 shares had been"
and
authorized
were
common
were
1-15-47
$1.50
funded
9-10
1
15c
a
had two
company
issued,
incorporation
'/■>. 8-30
9-24
1,000,000 shs.;
new
,.
underwriters-at the present time.
FINANCING
Authorized kk: Outstanding,
par);—
none
shares
of
certain
8-23
9-20
11-
and
shares
8-23
2-1-47
37 %C
PRESENT
8-31
3
9-
;
TO
1
,
preferred stock
namely,
4.: 8-31
4
9-
the
These
ihortgagb to Western Savings Fund Society of
Philadelphia, maturing June 28, 1961—interest 4%_.
"r''
May' 31,
k authorized
9
9-10
($1
EFFECT
compahys-as Of Aug. 27, 1946,* had
of
As
9
9-14
-
1
•
.
stock
GIVING
./respectively^'
9- 9
9-
name,
consisting ofwthree first mortgage notes of $116,667. $16,217 and $2,548
1
8-15
1
was
changes of
H
Bond A
Common
8-15
3
of
r
.
minor
y
8-3L
1
Co.
May 1, 1946, succeeded to the business and properties of the S & V"
Liquor. Co., a partnership which had been orrganized on Feb. 15, 1943.
8-16
12.
•
\
/ on
8-20
9-
25c
,
115c
——
preferred (s-a)--—
preferred (quar.)
preferred (qmar.)
.
9-
21c
„
-
c
9-16
$1
-
A (quar.)
1
9*.3
10-
1
Warren
9-
>
10-1
(quar.)
(quar.)
Wamsutta Mills (quar.
8-26
9-
t$l
(quar.)——_———
(H.) Gooderham & Worts Ltd.—
Common
k'J: 8-20
$2.50
preferred
4%
3
9-10
30c
Cotton, Ltd.
Walgreen Company,
8-20
8-29,
17c
(quar.)—
Amulet Mines, Ltd. (quar )
Wabasso
5
9v
ry
to
shares
1948.
/
organized in Illinois July 25, 1945. After
the name of the company on June 14,
-1946 became Pebble Springs Distilling Co.
The principal office of the
company is located at 104-114 East State St., Peoria 2, HI. Company,
"9-20
3
:
sell
tional
,
These securities
Registrar ;, city National Bank A Trust Co. of Chicago,
13 %C
Class
Vogt
and
/
-
Continental Illinois National; Bank & Trust
13 %C
—
B
(monthly)Manufacturing Corp
Vulcan Detinning Co., common
7%
preferred (quar.)
♦
(initial) -
./'/' 9-
9
1
9^
20c
Visking
1
9-
50c
Virginia Dare, Ltd., 5% preferred
Virginia Electric & Power $5 pfd.
share.
per
speculation;-
a
as
COMPANY—Company
several
,9- 3.
.
10-
$2.50
—
Virginian Railway, common
Chicago.
.
9-15
20c
Co. (increased).
& Iron (quar.)—-----------
Viking Pump
Virginia Coal
.6%
10?
.,$1.,/ 9-14
Products Corp.——-———————-
Victor
! 9-12
$1.75 I
9-10
$1.75 ,12-10
•
—
(s-a)
1
The
—
(s-a)
preferred
9-28
/ 12-29
50c
Corporation
5%
1
10-
$1.37%
Chemical Co.
Common
10-
•500'
(initial)—._—
—Manufacturing Co., Ltd. (quar.)
(quar.)
—
Vicksburg Shreveport & Pacific Ry. Co.—
>
.
(par $1) at $11.50
!are offered
8-30
-
1-1-47
300
Viceroy
Vick
stock
mon
*
r/
Veeder-Root, Inc.--(increased)
Verney
9-12
15c
—.
v
(quar.)_
8-31
8-15
62%c
Steel Co————
Co., Inc.—
(quar.)———
preferred
9-15
$2
Company————————
preferred
?*7%
>7%
first .(closed) mortgage 6 % 5-yeaf - bonds,
1942, have been .called for redemption (on Oct. 1, next,
interest. :■! Payment will be made at the Royal Bank of
Canada.
,
Agent, Corporation Trust Co., Jersey City, N. J.
The
//principal stockholders have agreed to offer 40,000 additional shares,
for special sale to employees of the
company.
They will also issue
Pebble Springs Distilling Co.—Stock Offered-^-Daniel
F. Rice & Co. on Aug. 28 offered 125,000 shares of com¬
2
r
'
r$5.50 prior pref. (quar.)
Van Dorn Iron Works (quar.)—-———
/
12-
f ! 9- 3
&/y750:"
prior preferred (quar.)——.—
Raalte
and
share. The issue does not represent
behalf of the company;!
>, :*
/ 4 ,/k
per
on
Transfer
'
(quar.)preferred!(quar.) ———
Vanadium-Alloys
at ? 100
./outstanding
financing
^
1,
Transfer Agent:
Light—
Valley Mould & Iron Corp. com
Van
12-16
50C
(initial)—
Vapor Car Heating
the
April
1
9- 3
9-16
500 ;
Corp.
Upressit Metal Cap; 8% preferred (accum.)
Upson-Walton Co.
—/
Utah Power & Light Co
——
Utica Knitting Co., common (quar.)„_—5%
of
dated
Canada in Vancouver, Toronto/Montreal or Halifax,
25c
preferred
$3
($3
All
8-30
^•94:2
(B. C.) Peat Co., Ltd.—Calls 6% Bonds^—
9-16
25c
Universal Pictures, 4y4% preferred (quar.)
Universal Products Co.—
/./■/,•
New
1
9-16
,
Upper Michigan Power &
9-3
10-
r
$1) at $7.50
9
$17 %o
Quarterly
Quarterly
Universal Match
8
9r 3
9-16
43 %c
pfd.
(Continued from page 1212)
8 23
9-10
;
(The) Pep Boys—Manny, Moe & Jack—.Stock Offered
—Newburger & Hano and Kobbe, Gearhart & Co., Inc.,
on
Aug. 27 offered 160,000 shares of common stock (par
Mi
8-19.
9-16
$1
•"/ 30o
\kkk-
8-i9:'T:y^,,',?y;
;'#,:9--4
50c
——
'9
9-9
•
(accum.).
preferred
prior
Steel Corp.,
U. S.
9-
$r
(increased)—;—
preferred (quar.).——
U. S. Rubber Reclaiming Co.—
r
8%
the
number
follows:
120,000 shs.
/. 40,000 shs.
^
,•' *
I
4
J250
-•
•
Jan. 1, '46
.
\
V;'
•*"
(Figures
-Calendar Years-
——
194*^ <•- •
1943 7.
22,'46
v:i945 '
$1,920,357 \
$4,404,486' $4,960/J07~ $3,921,470
2,457,752
2,405,422 2,581,442
3,148,071
feales
!_
Cost
ol
Total
L—.
sales
—-
exps._.i
apers..^.
$818,423
73,097
1,528,882
r
.>wy,
:
;„-YY
•
-
subsequently. Educed by amendment^to ih'e;<cerMficate 6! incorporation 1
filed Jtily ,9,-1946, to .the, present'an>ount of'50 cents
per share.;'; The
«•»
Utility plant
Investments
$59,470
Cash'
Profit
from
Net other
income -7—Y
>42i&97^
^ Dr25,424'
29,953.
current
Cash-on
;
before
Twin
interest
expense etc,
Interest
Federal
Fed.
exc.
State
profs,
income
—
1,810
r
taxes—:,
v
2,289
dep. with trust • & fiscal aarts. Ytjontral ^—
•i'; 6,999
26,000 i;
7
and
savings bds. (contra)
war
A 2^593
Other
Total
5,063
income
Preferred
dividends
Common
—V.
divs.
164,
$108,759
$534,710
30,000
—
(Cash)
First
YYv
...-i.'
bonds,
Co.
-Quarterly Report—
{& Subs.)
3 Mos.End. June 30
Employees'
Profit
income
i,'i i,'■■
Loss
Vv
563
on
disposal
capital
Federal
assets
profits
.ii..,..
,i"-mi
Premium
Capital
Earned
13,254,
15,847
:>■ 306,950
220,000
575,050
506,000
$92
174,850
576,250
1,860,025
tax..
373
344
tax..
811'
/.
post-war, etc;,
contingencies
A
Net
150,000
profit
■V/164,
v./
$370,479
$638,567
'
±
59,818
110,017
57,921>
110,017
^
Surplus L.i.
sh.
per
$506,272
.
173,095
280,840
.''
108,037
^i7ll^ '/'-.-ivTotal
109,150.
-3,465,070;
.1,150,285
7'
3,068,892
-
1,177,604
other
;•
fe
Profit
1(1,200,000;
feiTROQ
$10 par)—
>
2,361
2,263
..
A":'7'$ 145,57477;
/ '■ /, V -134' '•
.
$224,484
•
•21,230
$08,076
-
'
—
'
42,600"- Y. 42,500;
-
-
$124,180
$123,466'
$181,690
A- ' V,-; At!
C'lf
pfofits taxes
$165,963
'
'
A
•
,
A-;-/;.
89,500
//
"130,900
•'
A 7 81,700
forma nCt-profit
$68^,07^
$34,69.0 '/ $50,790
^ adjust parnefs' /salaries to $67,500r;per year,' which
"corporate officers.—V, 164,> 423.^
-
sli^K'*:
3 461 524 W2-906
•
293
>
." 43,000
pro
..........
....
.
$163,703
'
3.^68,589
7
.
adjustediri
as
& excess
6,986,950
—-—•*-•
,
Y $112,895
'
1,820
■
—i...
f pro forma Fed. -income
_
77
stock.
2,494
$222,122
,
.income
deductions
4,058
$143,080 *
*Pro forma adjustments
?
3,333,091
5,655,539/<;
' ?■'
for Fed. inc. taxes
Prov,
■;
-8,277,700
'
7-. $112,105
,y;;T 790
....
compensation as
$41,Y88
:
i3
fcheif
*
'
,
'
427,
p.
"
'
'
'
j
'"V
,1'-;.
7
■■■
ji.'-""'}..
*V;-'■
v:,i
'7,'-;
Richmond Fredericksburg & Potomac RR
i\
7
-
*f
;
* - ■"*
~
-July_u»
.'
.
'
■ r
.
.
Sept;
30,919
3.
An extra
15,-this
of
year.—V.
10 cents
163,
disbursed
was
,r
Earnings—
1944 A-7;-- 1943 A"* '
$3,267,873
$3,284,309 v >
1,039,173
1,684.641
716,555
,
277,173
334,934
4,988,560
,
338,862.
,
22,'897,649
9,682,066
..
2,034,922
-
-
21,884,72$
:12,245.064
13,006,683
15,724^67,.YQ,659,773r
-
.
1945
$2,605,896
$2,223,930
806,371
ts$ui^6^.lil)bc¥^; Gross-'•from railway.C.7.
'.
*
'
* Net from railway..
this
on
3143.
p.
A-A/A
1946
i
,
*
>
^
:
f:
$467,453
440,069?
441,354
$0.71
^
31.23
'
,
$365,015
441,354
-
$1.07
$1.31
'
CONSOLIDATED BALANCE SHEET JUNE 30,
discounts
of
$141,572),
miscellaneous
$5,945,788;
with
compared
176,051,000
increase uf
an
A'A^ A
1946-
ASSETS—Cash, $3,071,462; excess profits tax refund bonds, $45,116;
trade accounts and trade notes receivable (after reserve-for doubtful
and
;
on; com.
/:stock
items
' : 115,846
-
railway.^.
The directbH have declared an extra dividend of 25 Afents
'per'^railway—.
in addition to the regular
quarterly dividend of 25 centa:per;^are.<:'r^, oper'
on
the
common
stock, both payable Sept. 16 to holder^ of Are^ofd ^";J From January 1—
110,338
liiaiifirili'iirf'aift
$432,773-;
$202,541
440,069-
No. of common shares.i
Earns,
;
/
60,775
110,339
iirlin.
.
*
\
Other income
1,074,843■'
^
■
Operating profit
;•
t
Powdrell & Alexander,
250,000
$602,609
•''
dividends
dividends
(contra)—
shares,
(698,695
common
ad-
-Total
Prov. for
Common
on
surplus.;
surplus
381,910
4,304
7
,,
stook
stock
&
expenses;
'
"
-7
interest
Preferred
preferred
of
,
•
income
Excess
Minority
.
;
preferred «tock
Common
$1,234,073
i,458
$2,047,616
7,375
$2,933,793
$561,987
_______
(contra)..
fund
2,402,592
.- V
(82,777 shares, no par)——
(34,627 shares, no par)—.
,3.35% pfd. stock (102.000 shares, $100 par).
•Common stock (137,180 .shares, no par).—.
25,520
i
Total
Interest
1,323,920
and
depreciation, etc.——
premium and expenseii^.l.
$6
$1,208,553
65,152
1,115 ;7
3,965
interest
debt
$5
•f.
$1,982,464
$2,932,678
$558,022
bonds
fund
annuity
for
Unamortized
17,848,926
234,687
■
Other income
Reserves
$19,292,166
$30,003,101 $33,620,454 $27,290,742
Costs and expenses——
25,033,890
30,397,364
29,142,181
274,388
290,412
Depreciation
302,898 7
ministrative
•1,507
(contra)—.——
savings
war
■Twin'State
1943
1944
1945
1946
Net sales
Selling,: general
7y;;
1, 1973—
Lx2——
called,
stock
pfd.
unclaimed dividends
Pet Milk
;Y■."A;/V,'Y','; Y/ViYT-'Y X
■
..^V
Jj972;027;;
due Jan.
u—....
accrued ^liabilities..——-
and
Matured
series A,
bonds,
notes
Current
426.
p.
mtge.
Serial
,30,000?
—
356,272- ,f
,
•:
$92,026...
30,000
$58,635
30,000
Y
—_
r4;
-v.<,
COMPARATIVE "STATEMENT
;<<.*• i" xa
.
«
_-Y_—$53,830,094 $57,159,314",
v
LIABILITIES—
Net
YYAi'Y/, 'A"**tX :.<« 11
Gearhart'& Co.i'': -"i
and Kobbe;
Hano,
Yearn Ended ouiy ji*—
July 31£,£ 3 MOS. End,.,;?,
^':108,037^;^V.t09,i5Q,^i''^4^^'
t
%.>; Apr. 30, '46/:?^Y 1946 \ • * :< 1943 'Yv,; 1944•
77 - 8,445/
•<.• 1,024
Gross sales, less
ajdisCtsv^'^j^y;,'?/AAA'Y/Y YjA A:VV "A '"-'AV/Y/ YA" V 7AY
2,106,272' > 2,098,268
-
——...
'^vV'fr.
I- 7>Y '
4
2,711
assets
Prepgypient and deferred uhanges—
options.#
v;
,-.3819H)r^l;o74W ;
4,304 m/7
•
3-y
„Special deposits—1
r
76,688
taxes
taxes
cash
"State"annuity';fund, (coirtta)
5,892
,70,641-,
30,831
2,583
38,558
Y 63,190
329,000
3,178,587
$204,483
$102,368
$257,927
$891,521'
income
i,406
i,757 •! * 'UNDERWRITERS—Newburger &
3,028
1,010 ;v,,IncvY?
■YYAYYA'/yY
^
Other
$174,601
=■'
<
Employees'
Profit
;
,
.
...
rY" ASSETS-—
1,349,333?
1,406,247
$283,352
1,004,620
operating
1
•
-•■
1946 reflect the financing <x>mpleted Y/;
"at June 30,
as
■■■.•■-••■■•.;■
BAIANCE^SHEET^^;^^
•
to June
-
,
INCOMEY1"*
DP
STATEMENT
CONDENSED-COMPARATIVE
kwh.
12.0%..—V.
for the
1125
164, p.
'
^^^ywnts
REVENUES AND EXPENSES ® CAR AND AUXILIARY DPERAYiGNfi 4
5 GF
OF
AND
cn 1945 were as
OPERATIONS
-«t> 25 cents each; and Dec. 22, a
Period End. June 30—
1946^-Month-r-1945
1946—6Mos.^l945.r:> yY; '<
accounts
10Ar
f
receivable,- $92,921; claims under terminated' war 'contracts, $268,985;.
employees and agents accounts, $20,786; inventoriesv(valued at most), $8,746,359; incestment- in General Milk Co., Inc. (35 % owned) at -cost,
,A?7 OPERA^ONS
Sleeping Car Opers.—
Total
>
:
T
'•yA:>7-.-'''"7Ryniker
7 ;
revenues^ .kit——i;—$10,696,161
$12,451,427 $70,164,515 $70,858,512
3,779,33277 4,115,779
$525,000; miscellaneous advances - (less reserve);°v $61,376;. real estate,
■^Maintenance of cars.2 7.
buildings, $7,962,783;
machinery
and equipment
(after reserve for/? All other maintenance..Y ;* 152,158
depreciation of $11,713,680), $11,822,633; goodwill, $1,259,768;-deferred / Conducting Car oper.'— 1
5,276,408
charges to operations, $215,098; total, $32,075,293. v,:General expenses
,'•* 641,074
year-end of 50 cents.—V.'164,-p, 14Y Y
:
.0/■/...■r^* ■ ■' "
ii
"
5,079,095
7,.—»• -v-
616,065.7'/ 3,944,378.«">
3,735J183
.
m—-,
consisting
M,w
shares iof. class: A and .one share of preferred «t-$500,AA7>4 ./»>,
'.'.The.funds raised through the sale of securities are to be used
-v
$6(WJ)fl®.;7'aooountB-<pAyftble,wr^ .
•
«
,.,..J7 .
$5,951,545; accrued salaries and wages, $208,924; accrued taxes", $166,-7.-,,..'
J'evenues ......—
^847,189y$2,813
902; sundry accounts payable, $369,306; Federal income and excess
Auxiliary Operations—
.
' ■
profits taxes (less United States Treasury savings notes," series C, of
Total revenues
38j,876
$700,000);; $2,541,8117 reservesYtor. postwar 'and other contingencies,
Total expenses
308,164
$860,000; insurance reserves, $309,413; minority interest in subsidiary ;Y
——
company, $2,364; 4V\r/c preferredAstock
(par $100), $2,640,000; "4%%
' Net revenue 7
*7 7 75,712
147,932
,
-
Hat Corp., Elmlrst, N» Y.*—Stock Offered-
Crl73,466
.
LIABILITIES—Notes-payableu'tdrb®nks,
follows: March 26, June 25 and Sept.: 25,
^
—..
lor
.
,
second
preferred
stock
$100>\ $2,811,400;
(par
■ common stock of no
capital surplus, $52,800; earned
surplus, $7,871,354;
lees common stock in»treasury, at .cost
or less, 9,931 shares, Dr$163,343;
total, $32,075,293.—V. 164, p. 13. YY'":
par value
Total net revenue
(issued, 450,000 shares),; &7,912,817;
$922,901'
•
■^Includes
•
Deprec.
•flncludes
The olectric output for the company and its subsidiaries for the week
Aug. 24,
1946, amounted to 124,366,000 kwh:, an increase of
4,969,000 kwh.,
or
4.2%
over
the corresponding 'week' of 1945.—
V. 164,
p»,;'T086k''f;''8■
ended
U.
\
,
A YY YA ^7.
depreciation.
4
S.
Govt.
—V.
inc.
164,
$3,970,133
Net'ry:
$5,265,648 7
''A:v«
4,3OB' /; ." 12,212' "7
430,930^- -.3,192,615; 7.2,573,908 7-
487,5911
taxes
,
,
286,316
from
'
956,172
158,349
5,955,509
164,
income:
2,924,336
188,320
'
.
'
$1,131,402
7.-n. 384,222
Y
112,885
7/ -777.7
Y
11,963,019
6,006,221
5,510,372
1,820,251
i
9,855,688
1,750,690
5.763,191"
1,687,048:
977,309
.
p. *732.
$1,477,847
7?7 632,508
'vA'A/YAA'/'A,/'177'/
A 9,807,788:- 12,080,045
railway-__"_
Net ry, oper.
—V.
299,200
;
65,879-
,
railwayw.iwwisA
Net; from
832.
p.
;
-
19«47.Va W«3^
..
166,610
v: 133,617
inqome^.,
oper
From January 1—
Gross
&
profits taxes..
exc.
K
adjustments.
Payroll
$876,712
238
Mexico Ry.,—Earnings-^
1946
7' . 1945'-'
$1,087,870- • $1,141,725
J
•
1.313,895 ^742,6177 7 4,455,412 * : Gross from raUway___t
.-•,;7! .7";7A77' /■/'.■:Y/,.
v-Y.*ri7 .'Net from railway......
$658,206
7 7""
322.
p.
^t, Louis Brownsville &
.
July—
A
-
539,905 '
$5,882,931 $14,277,157
4,140,314 " 9,821,745
,
A:x,jpiitiadelplil»> Eleetr1c.:C<l^l^ee"kly Qutput~i
■'AAAA'A: : ;:;-';77.Y
382,996
Operating income
^:^
stock'(par $10).—V.. 164,
$2,961,885
1,647,990
tTaxes accrued
-
Pittsburgh & Lake Erie RR.—
:*
Peeriod End. July
Railway
Railway
31—A
oper.
$2,647,745
$2,797,842
A. 2,435,628
expenses
1946—7 M08.—1945
1946— Month—1945
-
revs...'..;
oper.
•
Reading Co.
t¥\
Net
■%
4
'
*
operations
Railway
Equip.
'7
ity
367,939
434,120
$$1,856,023
762,767
507,183
•650,912
4,144,555
$149,524
$362,214
/
tax accruals-
joint
and
railwaY-^»-
from
$2,568,825
3,747,704
From January
3,461^66
Gross
facil-
Net
1A
rents
1,197,630
1,114,169
;
.1,288,395
Gther
income
oper.
ry,
income
* Total income
7
$1,525,765
$366,316
$2,855,063
25,092 •7-130,6737
.167,883.Y
$501,458
Y
17,258
$518,716
37,277
3,505
,
income...
'
deductions.^
fixed
Total
-
3,649
charges
i
.
24,384-Y
:
24,759
.
Red Rock Bottling Co. of
SEC
•:
Net inccme
Y-
$405,891
Fed;
company on Aug.
23
for three-year> warrants
mon
'
'
'
-
'
$350,626
$1,483,068
for
$2,278,880
'
Plastic Molded Arts, Inc.,
'
The -company
SEC
of
for
'A-
.
on
7'
..
Aug,
60,000 shares of
'
■
'shares
-
50c)
(par
New York—Registers With
7Y7::
;.A-YA:-,Y
sale
of
preferred will be used to purchase equipment, pay
and
other
and the common
share
a
corporate
purposes.
7
at $4
7
a
-l.
share.
A (H. K.)
?
porter.
The
on
Aug.
Supply
&
26
Co.
announced
Chicago,
of
the
acquisition
of
manufacturers'of
brake
.
will make a total Of eight plants operated by the
Porter
company,- whose
products include locomotives,
railway ? spe¬
cialties, springs, chemical equipment, pumps and oil field equipment.
—V. 164, p. .596.
The
plant
new
'
r
\
.■,:■■
1946—Month—1945
-
■
Operating
revenues
Operating
expenses
1
—
522,214
476,162
6,467,460
1945
oper.
$337,909
Income.^—
income
(net)
*
•
'
$9,860,164
6,366,107
$364,225
$4,150,126
$3,494,057
30
1,594
1^288
Gross
Int.
other
$364,195
$339,503
deducts.
$4,151,414
$3,501,408
52,446
66,435
764,635
89,473
536,842
536,838
30,800
780,200
252,522
.
Federal income
taxes.__
.
7105,600
;
•
Net
income
Pfd. dlv; requirements-
BUSINESS—The
&
$181,457
$177,487
$2,069,737
$1,902,932
28,475
.55,816
624,230
669,797
$121,671
$1,445,507
$1,233,135
■
v
-
-
vw
:ri.
.
~ i
Net
1948
business
at
present
conducted
from
railway^il.T.^
f
'
'
Earning*— :
1045r
1944 A
1943
7v-
' j.
^
7
394,960" 7"
V
>.
Net ry; oper. income--- •v
-v
—V.
164,
888,4397-" Jill,078 ;/.:2,250,253
7233,405 A 4 273,693 ^: • 601,792 >>
109,524 *
.AAjA::|A;4^A 'iAy'IJJIy-J £M-X
pt 732.
$t. Regis Paper Co.—Plans to Refund Prior Preferreifl
v
by
Stock
Second Preferred Issue Called
—
;Capital—Y'?
—
r-A?«'A:.;y,;-i
'
To
;A*:VA
Increase /
'*
/,
The company has, called
a special stockholders meeting for Sept. 18
1
changes-in the capital 'structure designed to -pro- r •
vide funds fof financing its expansion program and
increasing working capital.
rK-Y;...7 >V...7■ v- m , ;
/, >.
Ho
..
publications
and
certain
certain
inventories
and
costs
in"
to
indemnify
-
with
consideration
the
the
the
for
company
assets
the
against
any
undisclosed
vote'on 'proposed
.
.
,
............
transferred.
transfer of said
}.
tion
subsequently begun by the company itself and recently sold.; ''
company contemplates the publication in the near future of
entitled
The
"American
company
circulation
year
American
Fabrics"
that
this
Its
a
and
fabric
qualities
?
contemplated. •
;
■
Y
company -estimates
that the cost of the publication ? will not
exceod $20,000 per issue.
Advertising reservations have already been
30,
1946,
was 415,000
total
shares of
common
capital
stock
stock
(par
as
$3.50)
of
but
secure
additional
various
first" preferred,
new
on
funds to finance
divisions
of
the
com¬
stock,
the directors may
rate
for
1125.
p.
this
.
7.7..;. -.7-
•
(
from
V
•
ry?
Gross
Net
$309,37.4,7/
from: "railway—..
.
oper.
from
from
Net ry.
7
j
railway.—
railway.,
oper.
income.-^
♦Deficit.—V.
164, p. 732.
A
'
" \
1,788,092
67,780 "
*338,909
■
\7>-A'
'' 7 .->7'
Earnings—
1944
1943
$234,482
$223,560
$224,707
^55,375
7 *1,409
income—_
;>t
1945
-1946
/Y
railway
From January 1—
1
April:
was
'
•
with a $100 pat value,7 fct> be'
determine, from time to time.
stock is expected to be lower
the presently outstanding 5% cumulative
prior preferred.
as
dividend
San Antonio Uvalde & Gulf RR,-
Net
of approximately $24,000:
authorized
a
in-series,1
than-that
Net
,
amount
of
—V.-164,
subscription price of
The
received for the first issue in an
time
same
to manufacturing plants in
to increase Working capital.
cumulative
Gross
ultimately attain
subscription1 price will be ,$10 per
is
$7
shares
issuable
The
July—
quarterly.
publication will
special pre-publication
stock, and at the
and
a
be
to
issued
10,000.
believes
of. about
(four issues), but
and
fabrics
A
:
from
Stockholders will be asked to authorize the company to issue
250,000
assets, the Company issued
The
to
for 7the
ferred
7 7'-
authorized capital stock:$47,027,070 to $72,027,070/which will provide funds
contemplated redemption of the 5% 'cumulative prior pre^'
increased
pany,
•
partnership
relating
shares are'issued and outstanding.
7 Y The boatd also has recommended that the
be
extensions
liabilities
415,000 shares of common stock (par 50 cents). property transferred pertained to the following five publica(1)
Men's
Reporter;
(2)
Women's Reporter;
(3.)
Canadian
Reporter; (4) Women's Canadian Reporter; (5) National Gold Book Di¬
rectory; and it also Included certain advance.; expenditures incurred /'
in preparation for publication of Home Fashions Reporter, % publica-;',
,
$152,982'
was
2,465,101
about
CAPITALIZATION—The
Balance
^alue
43;250 A
The
809,116
——
__
-
JUly^7//jg/j;,70,;;
com¬
tions:
a
Non-recurring, deduc.
par
Sloman
magazine
income
and
to
iMi-
7/151
Y
V
St. : Louis-San; Francisco & Texas Ry.
Franci
^
$1
108,400
Since
J.
agreed
In
(■'
.
"Net
Non-oper.
of
was
.YihfticOnnection
-
1946—12 Mos.-
$840,387 $10,617,586
the
$280cWi:.'p
partnership's
sor
-
Public Service Co. of New Hampshire-
$860,123
shares
connection
with
the
preparation for
publication' of
issues
to- be7
.republished subsequently to. Jan. 31,; 1946. Company also agreed, as-O^part of this transaction, to fulfill all existing subscription and adYr-vertising contracts foi' their unexpired terms, and the partnership
7; 7
Period End. June 30—
provided
.
Brake
the
2,
2,200,000,
,1907,
November, 1944, the partnership has used the
Publications. • The interests • of
William
Cv
Segal,; :"As an initial step in this proposed refinancing program, the directors A
and
Cora J.
Segal in said partnership -were," are-.- i-J. already have called for redemption-on Oct. 1 all of the outstanding
'
spectively, 40%, 30% and 30%. Y.^7':':'i7
: 7Y'\f;Y>; : A A; A" '■ 5%; cumulative second preferred stock. --After- giving..effect \to-this rer •."
The
company,
Reporter
Publications,
Inc.,
was
incorporated
in Y demption and subsequent retirement, the authorized capital stock will
Delaware Jan. 4, 1946.
On Jan. 31.- 1946, the company acquired the *
consist of 190,970 authorized shares of $50 par 5% cumulative prior - ;7
magazine titles, trade marks, copyrights,: subscription- lists, advertis-7
preferred stock, of' which 138,814 shares, are issued'and: outstanding, 7
ing contracts, and goodwill,, of and'pertaining to all of the predecesand 7,495,714 authorized $5- par common 'shares, :of which 4,620,714 A;
Porter Co., Inc., Pittsburgh—Acquisition—
company
Equipment
to
163, ^
Reporter
name
parts
for railway locomotives and freight cars, and airbrakes
for export.
Sales of the tiew Porter acquisition will be handled by the Porter
Railway Sales Division.
The Brake Equipment & Supply Co. plant
.is located in the Clearing section of Chicago.
7
"
:
■
100,000
1935,
Mark
\
of
Reporter,
.
(
:
a'letter:ioif?^otilicfttion^vvith7'the
for- purchase
begun by William C. Segal, individually, -in 1931.7, In A
the business was transferred by him to Men!s Apparel";
Inc., a corporation.
That corporation was dissolved on
Nov. 30,
1942, from which date the business was conducted by a
partnership, consisting of William C. Segal, Mark J. Sloman and Cora
J. Segal, doing business under the firm name of Men's Apparel .Re¬
May,
bank loans,
,
1,100,000
working
company
Proceeds from
7
^
July
HISTORY
i
at $10
Pittsburgh—Files "With SEC
;burgh->-Fiies
filed
•
Kobbe, Gearhart & Co., Inc., .on Aug, 27
150,000 shares of common stock (par- 50tf) at
$3.50 per share. The issue does not represent new fi¬
nancing on behalf of the company., A
Y
A
27 filed a registration Jstatement with the
preferred stock ($10 par) and 75,000 shares
offered
•
from
Y,: cut in half.^V.
.
offered
Underwriter, Herrick, Waddell & Co., Inc.
Company is offering the
preferred stock to the public, while the
common
is
being sold by certain stockholders.
Preferred will be
common
1
ger & Hano and
•
J
A: SEC—
'
Reporter
taxes'^Cr$ 173,974 '
$242,721 tCr$457,382 $2,128,808
<?.: tCredit in 3946 due to carry-back adjustments of $28,481 in July
and $801,210 in the first seven months. -fDeficit.—V, 164, p. 731. 7 7..
& excess profits
,'A:
'
'
stock
income
,
"
,
,
'
,
before
•"Includes
596.
The
$1,656,638
$3,022,846 i
149,186 7
719,307
$391,403
109,176
•
Misceill.
p.
r
/
.
-
164,
!wwi Net
A-
f1
..
2,563,640
Service "CS.^Plans Sticlc Splits rJ7
The stockholders' oh Aug.- 23 approved a proposal to CfedffCe the
paf .value of, the class A steck from $ira.share to 50 cents And to
exchange two shards of the new 50-cent stock for each outstanding
share of' the $1 stock.'# • '*
7
'
,<
-/J-
1943
$9,484;533 4 $9,500,466
2,965,422 >. 3,344,138'A
,
railway....
railway„_i_i—.
oper.
755,432
1944
$9,562,598
The Missptiri^ FuMid-.'Beririee- .43omm§sdl<»k'':«M4ff^
58,341,781 .67,131,733 7 $8 024 820 7 66,047 473.1 A Refund.745,1697shafes^^'oP class -A'etock - with: a.par.yalue at $1 now ft
"7,993,951 "18,749,662 >' 2ll583!l48!7 22,674!515- f outstanding and tb reissue-1,490,338 shares' with a paf value of ?
J78 199 t
11 24ft 27ft *' ^ou >eni/S^
xne company also
3,080 852 8,278,199^ Afi 728 18ft
8 728 180
11 240 370" '50 cents"
The company aisc was authorised to increase its class A./
Y7
from
from
Net ry.
-
1-—
.7
*7
ll.touls'tubflc
YYY7:
1945
$8,532,883
■71,607,534
railway:
Net ry. oper. income
Net rev. from railway
7'
1946
•Gross from
16,813,1927
2,498,221?-16,144,702
-
"
July—
$14,288,679 $19,382,017
*■
12,533
,
,
*43,105
43,726 '
3,4,721
*63,887
,
*4,166.
'
1,611,777
.1 1,539,783
1,425,"345
84,060
*5,604
314,396
*384,589
3,131
*315,853
;
-
-
Volume 164
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4521
ftSanDiegoGas &Electric Go.—Earnings-
.%>>Seattle Gas Go.—Earnings—
.ft Period End. June 30—"
3i—
"ftft'f
19
.Total, operatihg;'reyenueSi,-.-i^vvill'—. $17,6'
Years Ended
Operation
May
,
.
Depreciation ft**
for
****—2,0!
'
ft
retir. anrtuit's'ftft 3!
Federal taxes on income)—
1,6:
employees' past-service
Taxes -(other
than
♦Prov. for Federal
Vft
'
Net
Total,
/*.'•"*•'''ft• /'•'*
''•
'''-V'''"-ft':*•"
ftft—-ft*-
income
ft-
income
Earned
—
Prov. for Fed. inc. taxes
Net income,
Quantity of gas
$2,7!
$1,562,661
2,553,626
Preferred
dividends
Common
$3,928,626
Amortization
of
375,000
19,645
ft-ft**—$2^87,030
'
11
'
'
surplus,
31
May
._"*
♦Including excess profits tax:
'
*
'
'M
'
•
ASSETS—
1946, $1,306,000;
1945ft^2,691,000.
'
'
U.
S.
Prepayments ___——.———-'.r-ft,
Unamortized
debt
-Other- deferred
**ft_-_**
Total
.
'
Customers' deposits
Accrued taxes
Accrued bond
'
"Other
Deferred
'
for
,J-Employees'
4,398,089
of
424,381',
aid of construction.———>
12,500,000
capital stockr--r-————r—689,718
"Earned surplus
;
2,687,030
^
------
Total
—V. 163, p.
'
——
$579,326
—————
;• 662,764
has elected
have
to
662,764
taxed
be
j
It
it
approve
to
ft
voted
was
162,
25
that at
the
holders
Aug.
ask
to
split-up
proposed
a
2189.
p.
>
of
a
of
in
banks,
$32,528,123;
for
issued,
dividends
securities
$182,752;
sold,
stock
cn
and
interest
:
$17,278,762;
total,
f
sales
share.
Risks
incl.
admin,
and gen.
*
expenses,
•
•See Mullins
i
2,498,869
v
Earnings before Federal taxes—for
Prov.
$1,609,312
70,764
Fed.
and
State
inc.
$1,644,008
$1,607,138
552,333
'
'rp-
'i
J
■
J
^
ft,.
*
(
^
(
y _•
Co.,
as
\ 270,255
.
to
of
i;
♦.
r
'
.
with
price,
adequate
increased
surpluses
business.
.
from
bank
1945
Issue
a
to
not
stocks
'
Tax
income
1944
39,042
paid
,
.
17,178
25,404
$143,873
$131,990
.;
17,701
18,361
375
.
500
500
5,000
5,100
.
...
at source
204
•Net income —„—-J'<'
to shareholders-..
-
'
699
$150,789V*V$130,084
Divs,
.
"♦Reflects earnings of Cut-Rate Division (formerly Automatic
Paper
Machinery Co., Inc.) for period since May 26, 1945,
'':
,$119,973 '
116,988
116,989
116,089
♦Exclusive Of gains and losses from securities,
720
$107,309
116,987
.
'
CONDENSED BALANCE SHEET
*'
'
CURRENT ASSETS AND CURRENT
-
-
Current
liabilities
—V. 163,
)
1946
/
1945 v!ft$13,810,396. $11,715,170,
3,100,325
3,574,206
'
1
and
This
40
50
40
^
prior
share
a
share
per
Jan.
on
restores
years
cents
Aug. 24 declared a cash
Oct.-' 1 to stockholders of
cents
cents
action
several
on
payable
with
compares
year,
2ft.
ft.;
V
$359; ;cash,
'
Vi
the
td
2,
to
last
two
the
due
on
ft:
1946.
stock
made
was
paid
the
to
dividend
record
April
1
of
Sept.
v
and
July
1
dividend
dividends,
strikes
basis
when
the
at
796)
company,
the
last
91
which
years,
has
plans
paid
to
dividends
spend
in
►:*
less
•above
of
the
at
over
above
the
taxes,
'V
amount
on
net
amounts
.n
\
.'v%
$1,706,696;
•
-
of
the* net
assets
statements
per
cost.—V. 162,
p.
'
/ the next
few years for new machinery, equipment and buildings at its
various divisions and at the main plant in Waterbury, Conn., in order
condition
30, 1946, aDplicable to shares owned
by
Waltham Citizens National Bank shares
The
2990.
.
-
.
-
V•ft,'
■*'
•'.•■■■ft-'.'ft'"!"
Sheraton Corp. of America—Stock
Listed—
*
"
of
banks June
Association.
are carried at
;r
stock in every one
of $15,000,000 during
at
(excess
of
of securities .other than bank-stocks
($2,256,of $550,100 for related
cost)
provision
respective
Li Shawmut
its
on
excess
sold
NOTE—The shares of stock owned in each
of the 10 suburban banks
are a majority of each bank's
outstanding shares. The bank stocks, with
the exception of the Waltham
Citizens
National Bank,
are
stated
I
-
This
were
$550,100;
total, $10,720,324.
,
plants
prevailing general conditions. The directors believe the current earnings and .the improved
prospects of-they
company Justify the action taken,
ft'';'ft•
-
above,
quoted market
:
and uncertainties of the then
of
$10,720,324.
390,000 common
shares
of
no
par
value
(amount determined by the trustees as
capital Dec. 19, 1933), $5,000,000; capital
surplus, $3,288,483; unrealized
appreciation
v
this
ft
prevailing for
a
reduction to.-
company's
total,
taxes
carried
This
1,
$112,309;
LIABILITIES—Reserve
gains which would be realized if all investments
cents
3.
1946
for Federal income tax,
$165,695; provision
participation payment to The National Shawmut Bank of
Boston,
$9)350; provision for estimated additional Federal income
c/'
50
30,
for
Manufacturing
directors
share,
per
■.
Co.—Dividend Increased—In¬
in Capitalization and New Financing Planned—
ft
crease
The
ftV::ft :ft/'y2 ftft.ftyL.ftft!*ftV
v''
■
Scovill
ft
_i_,
2998.
p.
■■■'
•
1ft! *
LIABILITIES, JUNE 30
ftft
Current assets
JUNE
ASSETS—Securities, at quoted market prices (aggregate cost per
books, $5,112,150), $7,368,946; shares of capital stock of ten suburban
banks, $3,202,937; notes receivable, $35,773; accrued interest
receivable,
.
:
•
•*
v-ft.V ; V'ft i.,
Dealings in common stock of this corporation commenced
Aug. 26
and expand and balance productive
capacity.
The ^ on the New York Stock Exchange in view of
change of name from
plans to pay off a $4,000,000 bank loan.
United
ftft*ftft
States
Realty-Sheraton Corp.—-V. 164,k p. 1126.
Vft. ;= A registration statement was filed on Aug. 15 covering the proposed
■«, Bale of 100,000
shares of cumulative preferred stock, $100 par value,-.
:
Sioux City Gas & Electric
and 149,548 shares of $25 par value of common stock.
The company
Co.—Earnings—
proposes to sell
the preferred stock to the public and to bffer the
V12.Mos. Ended June 30—
,
reduce
to
.
•
costs
also
company
,
.
stock
common
<
.
for
share
capital
Sept.
each
will
3,
to
its
seven
present stockholders on the basis of one new"
shares held.
Authorization for the increase in
requested at the stockholders' meeting to be held on
The proposed sale of preferred stock to the public
be
1946.
the offering of common stock to stockholders will be underwritten
and
by a group
headed by Morgan Stanley & Co.—V. 164,
Scranton-Spring Brook Water Service
/. Bonds Ready—
ft/- ft; /.ft
1126.
N.
The
Co.—Definitive
ft.--ftft.<V
p.
2769.
;'" /
.
vft
-
•
•
'
.
: V"
was
directors
the fourth
been
paid
made
on
on
'
on Aug. 27
voted to pass payment of the dividend
quarter of the fiscal year, which ordinarily would have
Sept. 27.
An initial distribution of 20 cents per share
Septf. 20, last year, which was followed by a similar
payment on Dec. 27, 1945; none since.
The company
stated
that withholding
•_
dividend
sufficient
t
Provision
Estimated
was
deemed
volume
for
payment -of the quarterly
advisable because production has not reached
profitable operation.—V. 164, p,'960.
—.—
for
Other
income
taxes_u».»^_-__^^
Total
482 040
369,947
$1,181,734
'-:'V
;v-■
^
•
$1,140,061
162,947
.
j
131,934
•v..
-
$1,344,681
^
$1,271,996
534,968
—
deductions
.Lv^ieS^p^Sfre
•
226,126
—
Gross income
163,813
291,697
•
;
486 664
.
^
1,499,978
294,854
income—^net
'ft v4,i
1945
$3,947,538
200,559
depreciation
Federal
!;'
$4,122,172
1,732,233
'
Net earnings
t
—1
*
Taxes other than Federal income___^
first
Y.—V.s 163,
for
;>
revenues
...
Maintenance
.■•
Seeger-Sunbeam Corp., St. Paul, Min.—Omits Div.—
•
s
ft
mortgage bonds, 27/a%
series due 1976, are now
ready for delivery in exchange for .temporary bonds, of that series
at .the Guaranty Trust Co. of New York, 140 Broadway, New York,
Definitive
,
"ft";, .ft
p.
ft-1946
Operating
> Operation
;,
"
•
'.
•
.
.
i'"
—
:r
c
>
t
profit
»
,
1
*
——
$285,852
106,668
-
■
'
62,261
;"
SHEET, JUNE 30, 1946:
606,690
$809,713
$665,306
.
$90,084
87,166, U
—
BALANCE
89,100
-•
$155,215
-
'
1945
.
$404,056
'
.
X
^
,
113,841
135,000
—
—
Dividends
..',
,•
.
1946
—
Net
21—4.
$
•
1
•
Years Ended June 30—'
'
•'
ASSETS—Permanent
642,391).
bad
debts
fur bad
reserve
$951,837;
counts
investment (after depreciation reserve of $2,inventories, $574 962; bills receivable (after re¬
of
$26,000), $93,236; accounts receivable (after
$1,507,984;
for
serve
ers,
of
debts of
other
new
$24,000), $74,010;
on
deposit with bank¬
$4,792; prepaid insurance,
$12,103;
ac¬
$35,557; treasury stock, $3,428; total, $3,257,90$.
LIABILITIES—Capital
160,
cash
assets,
season,
stock,
insurance reserve, $39,773;
$201„440; earned surplus,
The
company,
Aug.^'28':;fUed
shares
p.
365.
$1,250,000; accounts payable, $28,362;
fire loss reserve, $20,594; reserve for taxes,
capital surplus, $77,040; total,
$1,640,700;
:
.•/!•
tj)
-
of
lc
a
'
'f
which maintains headquarters In New York,
on
registration statement with the SEC lor 375,000
value common stock.
The public offering price and
are to be supplied
by amendment.
^'
proceeds, estimated at $1,234,000, the company intend^
to use about $834,000 for working
capital, primarily in the purchase
of
aproximately 2,300,000 bushels of soya beans, and with another
$150,000 will repay a loan received from the Reconstruction Finance
the
the
par
of
names
July—
Gross
5,000
—
4,950
$
5,156,637 171,978,820 220,483,215
Gross profit
Depreciation
Reserved for. State and Federal income tax
f 1 \ ' Jr'' I t ' 'v«' 'i ' ' »
1 ^
' ' .V'
'
1943
$106,586
33,182
$152,841
16,879
3,083,062
■
Jan. 1 to Aug.
$
5,203,185
c
'/
the "underwriters
net
Spokane
V; $110,691
$113,799
57,986
tax
dividends
.on
—Week End. Aug. 21
,.
Corporation.; "
-
$114,632
.'V
Southland Cotton Oil Co.—Annual Report—
the
$35
Sells Part of Mullins Class B
1946
stks.
income
-fv-
-
y
121,748,374 155,986,130 150,836,179 141,006,688
22,256,374
61,181,230
61,122,430
66,821,935
9,456,237
18,639,583
19,154,700
20,431,348
railway
oper.
2,588,740
"Soya Corp. of America—Registers With SEC—
OffeVing
secur.
bank
1943
J.—
^
/"
.
N.
1944
2,227,103
$
Assbeiation-^Semi"Annual Report—
from
than
Federal
/
.
on
■
i
•
s
1945
• "•
earnings—4*4*
—v. 167, p. 1126.
Of
—
1946
1,720,880
Gross
value),
2769.
p.
notification
maintain
result
a
Administrative expenses
Fed.- capital stock tax__
310,396
:
ft
divs.
from
'V Period—
from
Net
ry.
1946
railway—
railway
oper.
from
•/
'
.
'*;!
InternationallRR.—Earnings—
'
■
From'Jan.
Gross
"■*
from
Net
V:
$997,968
$784,550
$772,753
preferred shares.*,,,.,...,
138,244
,127,006
127,006
V
t
''1' / ••••!■" '-">>■■■
r
1
""2
Net earnings for <mmmon sharesv
$859,724
$657,544
$645,747
Earnings.per common share
$1.03 ,ft"
•$0.94
t$0.96
Average number of shares..,:
.•* 832,694
694,402., ft667,942
Divs/
;
!
163,
Branchville,
ftft Net earnings
t
$144,692;
;
.
Total$172,618-
596,927
^
&
DiVS.
$1,680,076
646,040
taxes
Prov/Jot Fed. excess profits tax,,,
*i:
reserve
6 Mos. JEnd. June 30—
other
:
;
.
2,345,485
$1,610,541
$1,554,761
'
33,467..
52.377
-1
Gross profit
income
Other
•
;
Manufacturing Cofp, above;—V, ,,163,vp. 2732,
Shawmut
.Tnt,
:
■
3,707,403
income
oper.
From January 1—
from railway
Net
1
Sharon Steel Corp.
Common Stock—
.
goods sold-,
on
Ry.—Earnings—
*
ry.
—
freight paid
287,041,974 267,389,049
89,733,019 108,070,666
23,074,955
37,700,951
railway— $18,368,081 $20,429,506 $21,621,716 $20,336,961
railway
3,397,787
6,547,231
8,453,558
9,458,113
$3,257,908.—V.
Indemnity
will, be mused
Proceeds
establish ample
underwritten.
—
Distrib.,
21,742,514
"
—
$35,743,605.-^/".
SEG
1946
♦June 30/45 July 1,55
$2!),671,384 $16,693,364 $16,054,503
Materials, salaries, local taxes, etc. 217,758,886
12,130,036
11,600,940
Depreciation
584,554
509,698
498,766
>
■
;
ir-'
6 Months Ended June 30—
/
?-:i
.
receivable,
The company ^on Aug. ^22 -filed a letter of
for 2,500 shares ($10 par)
capital stock.
r*
two-for-one
a
88,260,739
13,462,397
frortl
$11,498; receivable for securities sold
deposits for dividends, $357,541; total,
special
Files With SEC—
Scott Paper Co. (& Subs.)—Earnings—
:
Net
.
.
A:.~
$1,167,305; investments in U. S. Gov¬
$1,351,695; investments in other securities
securities—at cost,
cost),
v.:
.
par
meeting of the board of
the outstanding common
the
'291,464,128
22,167,914
investment
•
■.
.
Selected
announced on
was
stock
■) >asis.-~V.
;
670,464
regulated
a
BALANCE SHEET JUNE 30, 1946
$2,056,940; surplus,
468,
directors
{
662,970
as
liability for Federal Income tax in' respect
no
$65,164,000 $63,573,399
—
1126.'
p.
1126.
p.
from
,
,
j
$522,111
3^
' C 'W
LIABILITIES—Interest accrued and dividends payable,
$407,134; due
for securities loaned against
cash, $208,300; due for securities pur¬
chased when issued,
$498,113; reserves for expenses, taxes, etc. $247,772; 27/8% debentures, due April 1, 1961, $6,900,000; $5.50 cumulative
prior stock, ($25 par value), $6,025,000; $1.50 cumulative convertible
stock,
($5 par value), $2,121,585; .common
stock,
($1
Sanger Brothers (Department Store), Dallas, Tex.—
Plans Stock Split-Up-"
*
.1
$577,576
unrealized
when
689,718
2,553,6.26
.
220,637,234
income
July—
income.
receivable
"12,50(),000
I.—-—
on
164,
Net ry.
$35,743,605.
646,542
stock
railway
railway
Southern
663,9(
$626,234
...
(at
7,500,000
Premium
—V.
$80,53
cumul.'^;,
ASSETS—Cash
261,863
646,436
7,500,000
Common
164,
the
1—
oper.
Net
sba^k
ernment
284,413
312,328
'
13.4%.—V.
1946,
for
1945
1946
$76,633
731,148
,
5,425
reserve——----——
increase of
j
24,
kwh.
1946
1945
1944
1943 "ft
$34,291,656 $42,565,084 $42,185,909 $41,569,162
5,133,880
12,922,153
13,755,111
15,995,822
2,245,312
2,737,676
3,523,217
4,472,991.
from
from
■y':
;
335.257
16,643,998
5,631
invest.—
ftftftft-*_ftft
2,058,000
..
***
income
opejr.
ry.
Gross
corporation
net
.....
99,041
331,845
18,530,356
ftft*----ftft
Preferred stock
^
Inc.—Earnings
appreciation of investments on June 30, 1946, after
provision
of $4,720,000
for
possible Federal
income
tax
payable if such appreciation were realized, was $14,276,179, or
$1,761,455 more than on Dec. 31. 1945.
;
*
225,000
109,738
limited-term
of
provident
*
ry.
From Jan.
Net
such should
as
The
5,161,834
225,000
liabilities—
an
with
Co.—Earnings—
railway
railway
_
$5.50
u»k
180,806
—ft,-ft
amortiz.
-Contributions in
;
Net
——
♦The
72,154
•-»
221,188
——ft
for the week ended Aug.
compared
as
'
ft
from
from
Net
prior
and
series due July 1, 1970 $16,000,000 $16,000,000
■
■
582,256
485,930
accrued
Co.—Weekly Output—
this company
kwh.,
corresponding week last year,
Gross
expenses
—
112,132
*«ftftiftftft-_-*ftftftftft
and
Other-reserves
68,490
output Pf
2,333,000
July—
xfetjneome
Divs.-
—ft*— $65,164,000 $63,573,399
credits
•
9,612«
totaled
Gross
90,790
1,332,441
64,825
.'Reserves for depreciation————.——
Reserves
37,690
Southern Colorado Power
Electric
Gross
-
income
♦Taxes
566,968
876,292
Interest
current
120,579
deducting
■'First mtge. bonds, 3%%
Accounts payable
*
91,979
Interest
LIABILITIES—
{
'
60,148
3291..
p.
General
1,023,538
930,665
1
ftftft-i-
$402,530
MCF
per
income
Total
1945
1946
expense—_ft.—
and
discount
150,623
$293,549
Net
Dividends
900,000
988,464
charges ftft_ftft-ft*--_ftftft'
..1,169,531
sold
Selected Industries,
ft.ft
ft'/ 759-434
obligations.—____*_(net)——.
receivable
Materials and supplies—
,
164,
3,303,655 ft 2,919,069-*
short-term
Govt,
-Accounts
*
cost
Interest
.——
deposits^-———ftftft. '
74,469
$187,464
'
Property, plant and equipment
$57,029,864 $55*308,242
'Intangibles
'—————-—----———
1,129,331
1,328J>29
Cash and demand
ft
.
,
Net
.
ftV
BALANCE SHEET, MAY 31 <
•"
73,377
111,145
acquired
da to.
Southern Pacific
6 Mos. Ended June 30—
Earned
;
—V.
$2,553,626
facilities—
emergency
'
''
116,080
made
1,000,000
—ft'-
ft
73,512
55,509
_•*—•
Holder
375,000
1,000,000
——-——-—.—'
__ft "ft-*____a—
dividends
807,459
_ft
MCF
per
MCF
2,365,964
$4,081,675
.ft—
-
$1,545,134
&
BUSINESS—Company started operations Jan 1 1946'
the underwear division. of Rollins
Hosiery Mills on
Company is engaged iri the production of women's
slips1
and nightgowns, knit goods,
hosiery, etc.
The company is presently doing business with a
large number of
the outstanding department stores in the. United
States in addition to
a large number of
specially shops. •
that
977,460"
"
HISTORY
having
Quantity of gas made —
>
Surplus
$1,630,132
366,787
•' 4,075
,
tft-
sold—
MCF
Revenue
$1,528,049
_
surplus, beginning of period—ft-ftft'-ft
Total
;
•
,...
'
-
ftftftft——-
—...
deductions.
1
>
32,859
$131,375
45,937
-
———
.—'—I-"/'$2,7'
income-;
earnings
Total inter,
lncome,^deductions-i--.^^i-'i^--4r-^--1!;;::::'-lt2!
Net
*
1
on'income——-ft, 2,7:
ft
Gross
Net
-_iC——.—--—ft'ft-.ft
ft., *
ft
f4
operating
Other -income
taxes
•
*
'
1946—6 MoS—1945"
\
$717,088
448,304 '
38,560
Provision...lor "deprec._'_'
•
58,039
State, Federal
local ft, ft
v.iu
-84,668
of-"limited-term investmeiitsftftft
Amortization
$760,946!,
u.-—
Maintenance
9!
.
:''v'v
'
1946 -3"Mos.ft-1945
earnings-*-
gross
Operation
7>2!
•
;Maintenance and repairs'.
Prov.
Total
.
—
income—
1—
1945
$140,640
41,037
11,037
V
$184,016
••65,920
.1944
1943
V $174,336
V
$155,327
61,309
54,467
24,762
20,329
23,143
VI,330,700
1,223,091
1,206,613
^V-i.^;-:• y V;V:;;
railway—
Net from railway
—•sV*'
Net ry. oper. income^
—V. 164, p.* 733.
838,863
140,171
546,066
71,321. ft; : 166,424
383,714
..
138,544
603,094
'
194,270
.1
1252
the
:a<-- Standard Brands, Inc.—Earnings—
(Including
k
<*• •
,
in United States)
subsidiaries operating
i
Selling,
admin,
adv.,
exps.
gen.
—
14,845,062
6,346,081.
*
for Fed. inc.
■r.
Prov.
for Federal excess
.'••■A
3,165,052
income
Net
/Earned
of
.2,772,653
at
surplus
851,866
3,550,000
.
2,240,622
3—
6,44$, 209
•
beg.
50,622,169
34,038,793
48,444,924
51,904,512
35,105,432
51,904,512
225,000
225,000
450,000
1,265,310
-■
.'Zz-Z—
Z_____-•_•
948,983
2,530,621
35,105,433
3,163,277
51,904,512
3.174,527
period
Total
Divs.
$4.50
on
pfd
'Earned surplus at end
»..*•••
of
period
shrs.
'
,:
51,904,512
'/.Common
outstdg.-
3,174,527
.'/v. Net inc. per com. shr.__
share
for
additional
one
held,
will
with
its
and
added
be
each
share
shares
nine
for
each
of
808,807;
the
to
'.prepaid and deferred charges,
of
program
modernization
of
LIABILITIES—Accounts
:
store
included
in
cost
of
will
the
be
all
same
holders
been
164, p. 1126.
A/AA
,.
f"
/
.
,
Gross Earnings:
;■
1
•
;-v:•„■ '/'.A:/ -ivi
aband._
-
1946
a m
Net
-V.
profit for period
163,
—
-
'
/
777,002
1,740,211
1,521,210
2,162,723
1,272,984
300.950
630,065
600,886
124,944
178,640
884,567
352,320
and
transacts,
fr.
-
interest-
in
-'.v--'■
liolders—
stockholders
The
-• :•
(net).
A ;
invest, securs.
Other income
v.''
66,305
941,408
debt
■
approved'the following proposals: (1)
:
reduce the -issued and outstanding shares, of- capital stock other
A/Athan that held in the treasury of the-company from 35,600 shares,
* ;.
par $10, to 890 shares, par $10, said reduction to become effective if
•■"A «md when 29.110 shares of authorized but unissued capital stock shall
'>w3wve been subscribed and paid for in cash at par; (2) to retire and
at->'r.vcancel 9.5 shares of stock now held in the treasury of the company;
and (3) to authorize the directors, after first having offered to the
27
$7,139,413
•
47,482
40,654
$11,624,929
4,095,601 f 8,571,992 i 8,153,790
277,961 1
528,533
517,767
A
.
254,068
opportunity to subscribe for, at par J, said
.;.AAU29.110 shares of authorized but unissued capital stock in proportion
'
t» their respective interests in the company, to issue and sell at par
/."-•-»
the portion of said 29,110 shares not subscribed and paid for/by the
107,533
•
61,932
214,580
60,515
$2,336,117
$1,157,785
421,000
f
—————
Federal income tax
Fed.
^stockholders.
fi
Av
v.; ready
via
,
164,. p. 9ea.
State
.
.
.
.
.
709,500
126,075
Bond
and
Mortgage
Co.,
1,004,047
31,045
The
.'t'V-
and
company
$1,000,000
business
The»
Aug.
on
Accumulative
of
of
filed with
26
the
Savings
is
company
the SEC
Certificates,
the issuing
A
and selling face amount
dividends
'.iA,interest
received
1946
24,500
*17,397
23,005
$678,672
7,875
171,750
$827,555
$736,060
16,018
16,310
147,776
128,990
$499,047
$663,762
617,056
593,738
$590,760
585,742
t$118,009
$70,024
*
68,334
$6,325,277
$0.77
$4,992,860
$0.35
a
income'
.'Reserve
for
2S^q>eoses
c
''•-1
•
$892,936
taxes—
19,063
income
Net
'dividends
,
.221,306
:
——
$352,568
.537,334
.
Z
,
$6,325,277
advanced
Other
are
-
Natural
$0.75
*
Surplus
aA-w *Not
A
$115,234
$6,137,548
2,173,976
4,756,380
1;454,938
3,605,012
5,104,506
62,930
59,370
business
,
(per eontra)
1,049,025
defaulted
railroad
securities.
«f
$71,482
including
A'Aa Por the
less reserve-
A 5,932,862
} 436,618
of
totaled
and
1945
•'
164,628
13,991
I
:T5,041
100,975
:'
Total
been
which has
(bank.loan)
—
Z
payable ——Z*—-——Z-Z^zZ
Natural gas purchase contract liability——-—
Mtge. loans (amort, payts. due within one year)
in
Provision for
ended
months
amounted
to
June
30,
aggregate
total
1946
and
$13,711,061
total
aggregate
Interest
of
sales
Other
purchases
A,
accrued
A
——„—
OF
ASSETS
NET
AS
JUNE
AT
1946
30,
"^Investments
market
at
$75,687,045
3,176,135
—1,650,276
in banks
Cash
A* -Current
quotations-
Earned
and
•
ZShares
J
w
of
stock
common
outstanding
(without
assets per share—-
.Net
335,834
value)
par
—
,:..Jime
net
1946,
30,
assets
value
amounted
to
share
per
15,659
$59.12
as
the
compared
Jtfarch; 31, 1946,—V. 163, p. 1291.
•
corporation
with
$56.89
as
•'''
IStaten Island Rapid Transit
fi Ai July—
•»'.
-Gross
Net' from
a-".
Net ry.
A '""
Net
t
$317,319
$432,556
railway—^z—.
48,506
income—
The
1943
98,891
v
of
1944
A $493,951
AA: 197,746
58,654
A/
*10,470
oper.
from
'
railway—/—
from
Net ry.
1,946,190
railway
72,413
3,366,708
1,290,663
income—
*310,088
610,555
oper.
♦Deficit.—V.
164,
p.
common
5,
1946.
declared an
stock,
A
$£31,832
24
155.723':
155,723
108,465
■
3,113,880
is
payable
dividend
7,000
be
sold
shares
the
to
also
corporation.
of
Sept.
10
The
without
Stevens-Arnold
!
Co.,
Inc.,
South
may
net
Sun Oil Co.
Boston,
and
not
sold
proceeds,
6 Mos. End. June 30—
1,059,555
';'.7
'•'•-
*
.
inc.
.'AC, A "A A '
from
A.
•
to
will
^
8,926,605
6,325,277 A 4,992,860
stockholders
of
also
was
share
a
record
declared
6%
statement
cumulative
with
preferred
the
stock,"
to
business
A few
of the
acquaintances
to
$687,500,
will
be
is
ik.V-••
•I;r. "•>.
•;.■.
Net
sell
company
40,759
proposed
acted
1946.
on
.
shares
Aug.
of
27
its
announced
common
stock
that
of
to issue and
par
value after the
$10 par shares to
be
it
$5
Shs.
Certain stockholders plan
shares
covering
of
these
such
new
offerings
to sell at the
Common
is
same
Stock.
proposed
to
A
be
registration
filed
shortly
state¬
with
into
with
said
investment bankers it is
underwriting compensation of not to exceed $3.50 per
company
will receive not
less
than
$100
1945
'
j V • ■'.
1944 W
A;
j/' '
'A/A''
•/.;"• •>]
will utilize all of the net proceeds of the sale of said
of the company's indebtedness to the Guaranty Trust
put on a ten-year basis with monthly amortization
monthly balances at the rate of 2Va % per annum. < It
be
on
that the dividend rate on the new preferred stock will bfr
than i%
nor more than 4'/a%
per annum.
-AA-A; A^v: >a.a>/ A'A
contemplated that the convertible preferred stock shall be con¬
less
It
is
into
nor
common
more
than
stock,
25%
new
subject
above
the
to
adjustments,
less
than
market price of the common
stock:
at not
/-.'V'
preferred
any
premium of not more
than $4 per share over the
initial offering price-
,
6,898,595
4,219,064
3,708,549
12,740,338
8,169,585
5,911,957
14,971,813
144,997
180,545
17,712,151
8,314,582
6,092,503
594,288
527,049
•380,917
5,445,035
671
390
401
Cr8
4,360,212
11,672,438
7,787,132
5,711,593
•■••A"*
counts
3,446,841
3,122,767
2,838,929
2,838,929
$3.67
$2.67
$1.94
$1.21
Federal income
(net).,- or $1.13
assets (net).
notes
$3
per
share
over
the
initial
years;
$2
per
share
over
the
initial
offering priceprice-
offering
years; $1 per share over the initial offering price for
the next
two
years,
and that thereafter the redemption price will!
Abe 'the initial offering price^A'AAAAAAAv'A^A^
AriA/y,
It Is contemplated that a sinking fund shall be
provided for thebenefit of
the convertible
preferred
stock,
summarized
as
follows:
Oe
April
.
l, 1948 and on April 1 of each year thereafter, until April 1,
1958, so long as any shares of convertible preferred stock remain out--.
'Standing, the company shall set aside out of its income for the previous
.fiscal year an amount equivalent to 10%
from an amount equal to dividends
thereof after deducting there¬
paid to holders of the convertible-
annually thereafter
remain
outstanding,
sufch
fiscal
year.
Beginning April 1,
1958, and.
so long as any shares of convertible preferred stock.
an amount equivalent to 4% of the aggregate par-
value of the convertible preferred stock theretofore issued shall be
paid
to said sinking fund.
Said sums shall be applied to the purchase im
the open market, or
r
otherwise, of shares of convertible preferred stock,.-;
if such shares can be purchased at a
price not exceeding the initlaY
offering price.
In the event that shares of convertible preferred, stock:
cannot be purchased for the
sinking fund at not exceeding such price,,
the company shall
redeem, on Aug.-1 of each, year, so many shares of
convertible preferred stock selected pro rata or by lot in such manner-'
as the board of directors
may determine, as funds in the sinking fundi
will at the time
permit.
*
.
-m ■■
,.
Gordon W. Reed, Chairman of the
board, on Aug. 23,.
in a letter to
stockholders, said in part as follows:
/ a
per
tlncludes $4,792,730 sale
tlncludes $274,367 from
taxes,
share,
,
-
'
CONSOLIDATED BALANCE
SHEET,
and
years;
three
1
-
Consummation
of the proposed merger will conclude the second of
important acquisitions made by Texas Gulf this year which have*substantially increased our estimated reserves of crude oil, condensates
two
capital assets
ASSETS—Cash,
three
next
•
stock outstdg.
sale of capital
first
the
^,'for the next two
177,861,822
239,786,137*253,419,583*167,730,801
78,200
estimated
the
^
1943.
ex-
-
for
/.'•,''*■■■" ^ •''T'
t730,534
income
com.
♦Includes
of
share-
per
,
.
preferred stock during
called
for Sept. 7,
time about 62,000
entered
the
pay
stock is subject to redemption, in whole or in
time, and from time to time, at the option of the com¬
pany, upon at least 30 days' notice of redemption. A It is contemplated
A that the shares of convertible
preferred stock will be redeemable at a
*
4,439,083
(no par)
Earnings per share
expects
two-for-one split of the present
by stockholders at a special meeting
outstanding
ment
on
is
that
interest
part, at
'".""A
".v-v
a--,
—
1
'
expected
not
.
used
used for working capital.—V. 164, p. 733.
This
contract
a
company
The
10 cents
8,213,551
—
Stix, Baer & Fuller Co., St. Louis, Mo.—New Financ¬
ing Planned—Rights to be Given Stockholders—
•
balance
136.315,121 260,740,026 268,487,763
profits taxesMinority interest
be/
agreement
"
then
6,149,7.12
Mass.—Se-•
Proceeds
"
The
share
a
amounting
1946
(".'A'., "• '''
oper.—
&
distribution.
*
progress
.
be
——
investment
A
are
will
registration
a
-
for
1
deemed notes under
and
8,926,605
(& Subs.)—Earnings—
Co., Boston, have sold^® [grating income
»'A-privately 3,400 shares of .5% convertible non-cumulatiVe!'^— ?^/;111001110 —
-preferred stock at $25 per share, and 8,500 shares
income
common
stock (no par) at $2 per share.
In addition-?y Mtetfest, etc.
Federal income and
'aa O'Connell & Co.
purchased 3,000 shares of common stock
r
cess
'
16
cents
••".:''
••Gross
Offered—O'Connell
are
to.
underwriting to employees at par.
^'Cost; expense and tax—1*126,456,860
xHcurities
1946.
in
said
•
conditions of the said loan
ana
and
Co,
Chicago—Registers With SEC—
;■•
A 645,084
733.
company
annum.
5,000,000
for general corporate purposes/including the expenditure of, approxi-.*
mately $300,000 fpr additional inventory.
; w .■■;
,
,
AfA,,
*.A V
2,369,653
1,417,874
% 755,537
the
per
1,407,608
initial dividend of
on Aug.
28 filed
shares
($100 par)
company
for A
which
Prom Jan. 1—
HGross
•i
1945
between
balance of $7,751,667 is payable on
3,475,000
93,041
15%
Sun Electric Corp. of
''"AffAA A"}M'.
1946
A
from railway——
'
the
with interest at 2\r2%
for
Ry.—Earnings—
borrowed
aggregate
the
of convertible preferred stock to be offered as above described
repayment of amounts outstanding on Its notes under the loan
agreement with the Guaranty Trust Co. of New York above referred
vertible
the
on
Sept.
SEC
:
agreement
1946, and
1947,
•
The
Stratford Pen Corp.—Initial Dividend-
of
of
as
from
shares
payable on Dec, 16 to holders of record Dec. 5, 1946.—V. 164, p. 464.:
of
made
Z at the da,te such conversion price is fixed.
The directors have
*Aggregate cost of investments, $51,161,362.
-"A* NOTE—The
If
will
155,322
-
$79,421,559
1,343,335
$59.12
loan
a
19,
share.
2999.
p.
of
Feb.
were
5,000,000
surplus
163,
proposal ta eliminate
note dated Feb. 19, 1946) is payable in monthly in¬
including Feb. i, 1954, in accordance with the terms
a
and
Dec. 2,
/ expected
A 15,350
756,063
Dividend .declared, z-*—Zz-Z---^-Zz-z--,^z«-——
<
-V.
borrowings
subject to the terms
are
time.
31,250
Total
and aceruuls
a
with Lehman Brothers and Xebbon^
McCormick & Co., investment bankers, looking to the purchase from
the company of 50,000 shares of convertible
preferred stock.
Said in¬
vestment bankers have not made any definite
commitment at this*
/.a,
$80,513,456
Current, payables
approving
1,049,025
•CapitalSurplus.'' fZZzZZZZZzz^Z^zZZZZz/lZZZZ^ZzZ!'
—
receivables
the
in
—
STATEMENT
that
3,057,500
127,274
clients on construction ^.and other
contracts (per contra)—
—Z
Mtge. loans, less amt; shown under curr. liabs.
Unadjusted credits
—*
•.Capital - ■ stock —:»«zZZ^—,zz-i-Z,
Z/Z*.
(On the basis of pricing securities at market quotations)
dated
339,096
————
on
to
Negotiations
1,198,457
liabilities
due
of Feb. 19,
Advances by
$19,625,207.
It is-proposed
Said additional loans aggregating $7,751,667
and
200,000
1,668,023
.taxes—z*^ZzzzZ»zz^wwz^z-Zzz-Zy
accrued
A AA
ITmo!
Said
provisions
before
or
$1,719,900
7,016,135 If $993,158
;
outstanding Fohs stock.
no par value preferred stock (none of which has
and in lieu thereof authorize 50,000 shares of pre¬
issued)
$7,751,667.
bank
LIABILITIES—
Accounts
been
balance
$35,354,185 $26,489,160
Note payable
the
of
shares of
50.000
and
'434,115
115,366
into this company of Fohs Oil Co.,
704,697 shares of which
owned by Texas Gulf Producing Co.
This constitutes approxiZ A
92%
stalments
6,261,882
res.
-
1943 received on
applied to reduce book cost
$72,158
corporation now has the plant capacity to produce
Option-
•
Guaranty Trust
Co. of New York and increased the company's indebtedness to said bank
to $9,757,667 as of July 31, 1946.
Of said amount $2,006,000 (being the
2,996,861
6,099,379
181,082
—
buildings and other real estate, less
and equipment, less reserves
Prepayments
———
Unadjusted debits——
tLoss.
six
A .securities
bonds
in
The
daily.
ferred stock, par $100.
To finance the acquisition cf the Fohs stock, the
company
at various dates between June 10, 1946 and
July 17, 1946 an
1,407,608
177,712
82,514
securities^.
Furniture
$5,018
•
<;
or
The stockholders wJ 11 also vote on
ever
,
•
Prices of Taylorcraft
in
and
now
the
1945
$7,519,026
" 500,000
by clients on construction and
and other mini.- ints.,
gas
the F. A. F.
the Taylorcraft
63,910 shares of Fohs stock, not owned by Texas Gulf, be exchanged
for Texas Gulf shares ih the ratio of three-fourths of a share of Texas
Gulf for each Fohs share.
SHEET, JUNE 30
subsidiaries unconsolidated
investment
A,
.
The stockholders will vote Sept. 27 on an approving ati agreement
merger, dated Aug. 2, 1946, which provides for the consolidation
with
$4,992,860
$1.63
CONSOLIDATED BALANCE
Office
Total
$6,571,153
1,578,293
1946
other contracts
$713,055
$654,172
$8,429,668
2,104,391
banks and on hand
Investments in
?
the
Transameifica Corp. below.—'V. 164, p. 870.
mately
U. S. Government securities, at cost—
Other securs., incid. to; invest, banking
Cash
1943
1944
-
$810,158
$824,602
;Z-
bonds__,_.
on
1945
$4,992,860
ASSETS—
.Cash in
164, p. 465.
of
ing Proposed—
—
—
at
Vice-President
equipment
costs.
see
947,888
paid
of period
Society
Texas Gulf Producing Co.—Merger and New Financ*
Accounts/ notes and interest receivable
Materials and supplies, at cost*
6'-'y
State Street Investment Corp.—Earnings—
:iSit 6 Mos. End. June 30—
4,044,399
of
COMPARATIVE
.-certificates, mostly of the instalment type.
$1,578,866
4,992,860
for $
provis.
Net income per share—
1207-A.
series
Bell,
100. aircraft
Earned surplus at end
•
registration
a
$3,436,808
4,256,075
$6,325,277
Dividend
state-;/
i
^ ment for $7,000,000 of Accumulative Savings Certificates, series 1217-A,
'
of
$736,785
4,698,660
construction program.—V.
announced
were
'
fr.
-Total
)g* ' *
\
the
sumer
,
$1,626,617
-
surplus A
Assurance
appointments of the various models were made.
announcement, made In the face of rising prices in practically all industries, was augmented by a statement from Nash Russ,
President, who said that inauguration at Taylorcraft of volume pro¬
duction methods for a precision product had
paid off in lower con-
122,762
Alf, 1942 Federal inc. and
excess
profits taxes—$
Minn.—
Ulm,
New
adjust,
;■>'
\
.
Fla.-—Registers
AAThis
$2,613,958
.
.393,352
"
V Net credit resulting
~T
(
>:it Files With SEC—
/ At
D-
Tampa,
Promissory note to Equitable Life
airplanes
by O. M.
A.in
216,652 ;
$4,982,895
1,152,735
profits tax-
excess
Net income
A Previous earned
company announces that there are present stockholders who are
and willing to subscribe for any of the said stock ,.xemainjpg.—
The
'
.."V.
A,.z,
;.
on Aug.'27 filed a registration statement with the
$7,500,000 first mortgage bonds, series due 1976.
UnderGoldman, Sachs & Co.,
Proceeds
will
be
used
to
prepay
Stock
the
><
Co.,
A
.
.
A 107,005
,
stockholders
■
factory at Alliance, Ohio,
charge of sales.
A The cuts affect
all custom, deluxe, and standard models of
TaylorA craft's BC12-D.
Factory price of the custom model, ^complete with
all accessories
including radio, two-toned hand-rubbed finish, lights
and battery, was cut from
$2,856 to $2,600; the deluxe model from
$2,775 to $2,500; ^nd the standard from $2,695r.to $2,400. No changes
$5,699,395 $14,424,075
4,380,291.'
:
expense
Balance
;•
present
Electric
*
Cuts ranging from $250 to $295 in
98,933
19,049
603,348
21,142
...——
Operating" expenses
■
Aug.
on,
on
Taylorcraft Aviation Corp.—Reduces Prices—
.
Tu
(Fla.)
U, S., ana to finance
.
A*A
*
-
company
0'°
®
A
•
Taxes, except Fed. inc.ft: Standard Life Insurance Co. of America, Pittsburgh,
Deprec. and
Fa.-^-Stoek Increase Approved—Rights Given .to Stock- ■f. Interest and deplet
amortiz. of
•\
$7,737,942
-
1A/ Total:
*
$8,017,619
$558,683
$1,439,705
.
1035.'
p.
*
$194,361,467.,
for
writer,
606,091
Profit
$2,158,683
1,350,000
z«z_ ,4
1250,000
692,000
Z<SEC
itf.
1,205,648
Dividends
Zzi $2,131,705
Operating profit
Prov. for est. income & excess profits taxes
Provision for contingencies
'MJ—i.—..
Mos.—1945
——319,781
Rents
»*•'«<
•
•
Th®
$3,751,358
trading,*ete.*-w-r
V;. and
476,269
*
"
,
$4,012,607
851,943
Superv. and other serv.
Securities underwriting
$2,634,952
437,624
A-A-
'
.
Tampa
,
A//'A'"'""A1
Eng. and const.' services
1945 "
y-
$2,569,329-
-
/A 1946—12
1946—6 Mos.—1945
•/Period Ended June 30—
Operating profit before depr. amort;.- &
Deprec., amortiz. and abandonments^
v
total,
With SEC—
Stone & Webster, Inc. (& Subs.)—Earnings—.
Standard Fruit and Steamship Corp. (& Subs.)—Earns.
'■'•■''A 6 Months Ended June 30—
^
996.
P.
stock have agreed to make such stock,
non-callable,
redeemable on and
after
preferred
heretofore
1951.—V.
30,
$1.42
accounts.
y,y —v. i64^p,r96ov,^>?;;;;^,.
i-
$2,360,649;
payable, $17,616,315;-dividends declared
the
as
the
of
has
which
Dec.
3,163,277
other
and
goods
—
'•preferred stock, $104,848; accrued liabilities, $1,699,812; advances from
agency of U. S. Government under construction: contracts (due within
'
VA NOTE—Depreciation
$2
fund
$1,676,920; employees' war savings bond account (sea
contra), $178,016; investments (at cost or-less), $8,434,587; fixed as¬
sets, properties, leaseholds, plant*, and equipment (after reserves :
for
depreciation, depletion-and amortization of $123,960;793), $105,961 695'
such
of
$20,600,864; due from agencies of.U. 8. Government,
inventories, $37,760,376; cash in replacement reserve
(sunken vessels),
preferred
shares
18
$227,746),
v-
the company's funds set aside
physical improvements for the
properties. • Proceeds from the
sale of the 62,000 shares will revert to the selling stockholders. The
price at which the 40,759 shares
will" be offered to stockholders
35,105,433
$1.89
$0.64
stock
connection
expansion
■ .
$0.80
and
ex¬
.
new
,
v''■•■
profits taxes .*ZZZZ-Z'Z
*;« *
•
-
Prov.
additional
one
held
Common
786,380
10,842,075
6,725,679
430,338
102,344
1,432,000 V. 1,217,660
—
taxes A
-ft
of
Stock
MondayrSeptember 2, 1946
A one year), $333,333; purchase obligations (due within one
year), $22,price at which the outstanding shares will
360; deposits on leases (due within one year),
be offered to the public.
$144,038; tax liability A
It is planned that such price will be set
(other than Federal taxes on income), $6,857,517;
provision for Fed-A
15,631,442
Just prior to the effectiveness of the company's registration state-/
eral taxes on income (after
deducting U. S. Treasury obligations held
234,619
ment, now expected to be around the middle of September t V /
; /AAA
; for payment of taxes totaling $830,000), $1,112,047; indebtedness to \
After such offerings the company expects, in due* course, to apply
2,426,000 DA
affiliated companies (not
current), $295,280! employees' subscriptions
for listing of the new common stocky of which approximately 626,000
War Savings Bonds (see
contra), $178,016; advances from agency of*
shares would then be outstanding, on the New York Stock Exchange/
8,030,800
U. 8. Government under construction contracts (not due within one
Sales
of the company
for thefive months ended June 30, 1946
year), $138,889; lo year, 2debentures, due Feb. 15, 1951,
were
$4,000,A 4,940,023
approximately $16,500,000,
and estimated profits after taxes
000; purchase obligations (not due within one
year), $704,551; deposits
V were nearly $1,400,000.
A,-'A A A..'A
AD A'.- A" ••AA'1 A-., "A ;'/••'"• Ayion leases (not due within one
year), $516,199; reserves for contingen¬
At the special meeting,
stockholders will consider amendments to
32,513,376
cies, $3,697,327; reserves for sunken vessels, $866,070; minority inter¬
the charter which,
among other
things, would make the company's
ests, $3,496; 4l/2% class A preferred stock ($100 par
existence perpetual, permit additional directors, decrease the $25 par
value), $9,319,35,105,432
700; common stock, no par value issued 3,446,840.96
value
shares), $118,450,000
preferred stock to 74,800 shares, and increase the common
341,614;
earned
surplus, $28,937,413; less
stock so as to effect the split.
treasury
common
stock
In connection with the extension of
1,897,966
(11,897 shares at cost), (Dr.)$527.358; total, $194,361,467.—V.
the company's charter and In anticipation of the proposed financing,
164,
1,678,407
379,598
and
Exchange Commission.
The underwriting is
pected to be headed by Goldman, Sachs & Co.
Proceeds from the company's sale of the 40,759 shares of
common
stock, which are first to be offered to stockholders in
in
- 590,588
,
Securities
ratios
19,257,176
9,163,668
'
95,451,361
21,461,798
9,806,282
4,634,991
charges
'
>
46,987,596.. 92,428,957
V
10,664,352
A
,•4,044,403
Income
•
63,139,960 123,054,424 129,553,600
44,085,499
&
—
credits
Income
$
58,794,255
-
goods sold—Z—
of
Cost
■
V
;*.'■!
$
i
sales
/
1946—6 Mos.—1945
1S46—3 Mos.—1945
Period End. June 30—
r
Net
THE COMMERCIAL & FINANCIAL CHRONICLE
•
$14,422,758;
receivable
marketable
(after reserve
''.
V
-•
JUNE 30, 1946
securities,
for
doubtful
$156,795;
accounts
ac¬
of
and
natural
(1) We
gas:
purchased
on Feb.
19, 1946 from Columbia Gas & Electric*
stock Interest in the Ohio Fuel Supply Co.
Thison March
31, 1946, whereupon we. acquired all'.,
non-producing oil and gas leases, equipment and
current assets and assumed its liabilities.
These properties, the majorpart of which are In Texas and the balance in
Illinois, Kansas, Okla¬
homa, Michigan and New Mexico, are producing at the rate of approxi—
Corp.
a
controlling
.company was dissolved
of its producing and
[Volume 164
Number 4521
THE COMMERCIAL & FINANCIAL CHRONICLE
inately 300,000 barrels of crude oil annually, over half of which is from
the Seeligson lease in Southwest
Texas, adjoining important producing
"acreage owned by your company.
'approximately $1,500,000.
(2)
On May 21,
standing
share
have
since
New
part
York.
these
The
bank
provisions
i
related
which
of
to
time
of
Net
have
above
been
financed
with the Guaranty
temporary,
Co.
to
be
the
'CONSOLIDATED
left
to
the
issuance of
discretion
the
of
board
of
Gross
of
Texas Gulf
""Ohio Fuel
" uProducing Co. Supply Co. tFohs Oil Co,
6 Mos. End.
Feb. 1, *46
Month
June 30,'46
Mar. 31,'46
June, '46
"
'Gross
income.
oper.
railway—...
railway
Federal
74,693,765
78,096,409
11,616,956
30,546,352
35,098,114
8,316,667
9,561,754
taxes
Amort,
$157,502
.62,880
72,699
100,000
100,000
985,485
Other
income
(net)..
$502,514
income
$38,779
Total
31,989
income
-■YY, 359
4,931
5,093
$346,807
$5,173,582
$7,103,140
Dr607
2,245
$534,502
23,672
deductions
iProv.
for
Fed.
383,572
6,373
24,455
inc.
Gross
$697,050
32,053
Net
15,770
tax
income
applicable
| minority
164,
$350,930
.
Y $73,701
U $463,010
30,363
47,833
$43,339
•$38,378y
$415,177
V Tobin
to
interests
income
to
17,470 Y
;v
The
earned
$20,908
paid
March
1946
9.
YY 151,992
Adjustment of Federal income tax (prior year)*—.
Ohio
Ohio
Fuel
bilities.
cash
Fuel
a
tax
controlling stock interest In Fohs Oil Co.
tNo Federal
liability for Texas Gulf Producing Co. or The Ohio Fuel
Co.
because
of
percentage depletion allowance
YvYY■, f-<_•
YYiYY
deductions,
and
other
...
controlled
Supply
Notes
receivable
receivable
•
■,?
••
<
-,
(pledged
cost)
Trust
v
Long
Co.
of
term
notes
(Securities
of
cost)
assets
Total
V
(at
assets
and
of
(net)
V
78,384
$16,691,031
<
jY'-V.( Y
T4~9U
for
$3,857,264 $17,416,518
Employees Federal
income
cess
profits
for
and
taxes—prior
Fed.
inc.
tax
17,478
Reserve
for
Common
86,822
of
871
7.627
2,632
63,802
years..
yr.)
($1
9,247,476
,'JY^Y^^:Y.
114,313
9,247,476
>
.
2,435
§88,291
2,775,262
§323,801
1,014,730
5,600,855
43,338
$16,691,031
has
accordingly been included
for
ment
by
shares
680,316
of
in
common
Interest at the rate of 2'/a%
per annum
which matures as follows:
$7,483,476 is
$3,857,264 $17,416,518
is payable
Oil
Co.
said $9,247,476,
or
before Dec. 2,
on
payable on
1947, and the balance is payable in monthly instalments
ending Feb. 1,
1954.
Additional loans of $268,191 were made In
July, 1946 to pur¬
chase 24,381 shares of Fohs Oil Co.
stock.
Said additional loans are
also
payable
2>/2%
per
tin
on
or
annum,
June
before
Dec.
r
Oil
2,
1947,
YY
Fohs
1946
.
Co.'s
with interest
<£?-•
•
YY
at
,
investment
in
the
the rate
■
i>
of
.
capital
stock
June
on
(After
30,
1946
164.
598.
p.
Oil
consolidated
<
Federal
Estimated
and
net
State
o
i
;
income
taxes.,
1
1945
$2,198,129
,
840,000
-
_
162, p. 1212.
■
Operating
Net
revenues
expenses
—
„
rev.
fr.
ry.
oper.
$3,126,459
Ry.
operating
income
$809,498
$1,440,049
143,570
' '■
■'
$8,330,855 $20,938,781
2,672,655
283,572
rent,
(net Dr.).
Net
ry.
Total
Miscel.
Fixed
income.
income
deductions
charges
Net
♦-V,
oper.
940,212
1,491,620
12,160
113,566
64,900
$1,144,317
$4,604,422
65,157
449,613
$703,957
$1,209,474
$5,054,035
$6,148,824
7,095
8,496
74,095
46,552
233,968
286,330
1,639,332
1,971,752
income
$462,894
$914,648
$3,340,608
$4,130,520
164, p. 734.
rendered
by
increase
of
Trans
been
Mr.
TWA
to
a
World's
long
contributing
Mr.
shown
Frye
since
Frye
to
notes
"is
less
Government.
the
to
more
We
stated
economically sound
follows:
a3
were
"B" Shs.
"C" Shs.
Pfd. Shs.
$0.19
$0.08
$0.25
$0.06
.20
.22
.12
.29
.09
.'i-
/
.
the
Com. Sh».
:■
ende'tl
war
August,
181,240,
1946,
service
tween
to
San
last August,
daily
has
mileage
been
begin
United had 7,704 employees;
has
expanded
flights
Francisco
miles have
and
to
jumped
to
today{
and
additional
Honolulu.
of-
high
all-time
an
United has beerii
cities as well as be¬
cities
60
to
seven
jumped 65%, from 6,046
fleet growth has
been
the
Meanwhile,
route-
company's
ip^August
a year ago to 9,359.
swift.
At war's end the-'
company was operating 60 planes—all twin-engined 21-passenger Main;liner and Cargoliner
180's.
Today, United has in service 23 founengined 44-passenger Mainliner 230's, as well as 69 Mainliner andCargoliner 180's.
> ':Y:YYY'Y:'-v
:Y'V
Y'r
In the year ahead, Mr. Patterson said,
United's plans call for anx
even
larger expansion in service for air travelers and shippers, with
the addition of new, high-speed four-engined and twin-engined planes*improvement and enlargement of traffic,
reservations
and
airport*;
United's
equally
use of new aids to navigation, and continued additions to;
as
rapidly as deliveries of flight equipment will permitAltogether, United is spending approximately $82,000,000 on its expand
sion program, it was stated.—V. 164, p. 1127.
\ l'
21
United Cigar-Whelan Stores Corp.
Period End. June 30—
JNTcfc
sales
sales
expansion program
operations
deficits
during
in his report that steady
January
and
February.—V.
after
from
income
less
York
Stock
shares, up
"
894,803
1,506,323
f
157,999
238,432
$736,804
$1,267,891
8,673
83,698
69,95*
$1,351,590
20,253 Y
46,214
$1,330,52*
$699,917
Y'
Y $803,702
debt
term
.22,118;
~
324,000
_—
for
Prov.
wartime
postwar
Net
par) ^common
preferred
stock;
Offering
:
100,000 Y-.Y
prof, from opers,
at
beginning of
$357,584
surplus
Divs. on conv. pref. stk.
Divs. on cucu. $5 pfd.
1
100,000
$450,624
3,775,394
2,687,195
Y 3,517,582
$4,226,019
stk.
curau,
$3,335,571
$4,318,218'
43,75*
92,19*
11,273
22,576
169,241
8
32,756
$5
in
pfd.
surrend.
for
prior
stock
;
Issuance
of
—
pfd.
prior
stk. in exch.
for
$5
stock—
preferred
end of
-V.
.
84,620
-
on
—•
$800,638-
$648,376
43,750
pfd. stk.
prior
on
pfd.
$2,797,550
——
stock
Divs.
489,60*5
and
contingencies
Payments
Exchange on Aug. 23 directed that deliveries
to and including Sept. 12, 1946, may be made
40,284.
Y.
557,000
274,600
2,439,965
with, the
$1,260,56L
$745,478
Seattle, Wash.—Files With
filed a letter of notification
j cumulative
non-convertible
312,224*
for Fed. inc. taxes
(est.)
164,
1,572,785'
H
other
103,785
long
on
'
*
and
Total income
Int.
••
122,211
charges
Prov.
■*"**,..
822,128
operations- ,Y
agency
Other
store
from
7,v*\
$15,992,773 $19,252,995 $31,074,183 $36,143,865*
f-::•
; j''
v
and
operations
& amortiz
agency
Deprec.
Subs.)—Earns.
1946—6 Mos.—1946
r'.*.•
■■
taxesJ
store
(&
Y
1946—3 Mos.—1945
deduc
excise
&
Prof,
have
range
6%
Union Bag & Paper
per
cum.
100
$2,701,548
period
409,450,
$4,182,269
$2,701,548
$4,182,26*
164, p. 465.
United Gas Corp. (&
Corp.—Increases Dividend Rate
directors
share
and
Aug. 27
on
declared
additional
an
a
dividend
quarterly dividend of
of
25
cents
per
25
share
June
24,
addition,
this
and
year,
Dec.
on
28,
1945,
in
each
quarter
extra
an
of
during
25
cents
1945,
was
Oper.
cents
the
on
stock, both payable Sept. 16 to holders of record Sept.
Quarterly distributions of 15 cents each were made on March
oper.
exp.,
Federal
6.
Other
and, in
paid.—V.
Property retire,
Lines)—Earnings—
Net
(Excluding offsetting accounts between the companies)
Period End, July 31—
r
L;3!', ltd(i,'.4 Tl,
Railway
oper.
♦Railway oper.
1946—Month—1945
,
0.
3*1,357,266
IG*
49,181,284
exps,—
24,518,328
.
.
1946—7 Mos.—1945
:iugt;
revs—
'
29,433,077
from
rev.
.
198,292,089 301,563,623
160,587,179 190,951,848
.
and
from
19,748,207
37,704,910 110,611,775
13,273,654
18,862,220
78,699,554
Fixed
i
&
1,234,140
1,653,726
5,342,886
7,120.595
2,474,043
—
sources-
»4,820,827
13,499,804
24,791,626
552,123
:
1,072,723
6,148,447
9,398,686
3,026,166
5,893,550
19,648,251
34,190,312
844,891
income
other
sources
charges
from
,
depl,
&
2,478,457
income
Cr544,356
Cr97,780
?•
.
>
,
2,686,527
10,916,31$
11,905,98<F
237,837
$2,468,793 $13,057,447 $12,712,754k
250,257
530,731
537,73Qt
$2,773,926
$2,719,050 $13,588,178 $13,250,484^
$2,536,089
(net)
"
income
Gross
—
Neti int'. tto1 public,
deductions
etc.;-•
"•>'
Balance
Portion
j ;
$2,084,333
appliC;
min.v
to
805,478
689,593
——
.
3,010,753
3,419,19»:
$9,831,28^
$1,913,572 $10,577,425
'■$
interests
55,275
'
Consol.
net
income.
1,128,697
7,557,570
7,916,492
$2,029,058
267,490
37,894
169,721-
r
STATEMENT
Oper.
gas
—
taxes
GAS
CORP.
1,986,399
158,221
$9,661,56*
ONLY)
Y
1946—12 Mos.—1945
$2,649,487 $14,170,194 $13,203,604
,\
'
—
1,798,737
;.
178,383
_
9,191,558
8,363,53€e
1,288,357
1,216,692'
166,263
retire,
appr.
res.
224,912
840,922
844,70*
134,900
taxes
Other
Prop,
$2,767,356
deductions,
rev.
natural
(UNITED
1946—3 Mos.—1945
Period End. June 30—
Oner, revs., natural tras
Federal
$1,875,678 $10,309,935
134,900
675,000
675,00*
all
j
'
'
deprec.,
4,818,721.
—
INCOME
opers
income
9,615,737*
5,008,322
>
trans¬
investments
other
Total
6,355,880
1,164,109
joint
(net)
from
inc.
portation
Inc.
6,838,938
3,130,755
ry. ops.
tTaxes
Equipment
2,137,324
1,149,003
oper. - revenues—
Other
\
;
"Y 694,901
-
years prov.
Federal
taxes—
for
>;V/
prior
reserve'
Union Pacific RR. (and Leased
excl.
taxes
taxes
of
'
1946—12 Mos.—1945
$13,286,604 $14,339,127 $60,758,956 $62,446,707*
taxes
6,428,154
5,882,374
25,518,769
23,937,871
revenues—
18
Adj.
Subs.)—Earnings—
1946—3 Mos.—1945
Period End. June 30—
Total
capital
and
&
2,181,275 *
4,764,853
12,090,081
26,273,820
Net
YYY
revenues,
oper.
-natural
gas
income
Other
amortiz.
—
(net)
$321,573
$312,555
2,652,998
2,291,720
'
-Y
$2,174,357
10,159,883
_
$2,103,6765
9,223,44*
*
retire,
(Includes
-
charges
Fed.
excess-profits
164,
p.
inc.
1,156,923 ;
1,124,304
7,828,554
14,571,257
11,200,000
5,750,000
64,300,000
&
472,109
Income
Gross
v
taxes
_
1,200,000
734.
$5,676,715
•
y
,
than
and Declares Extra—
The
•
schedules
rate."
working
"
61,659
.
receive the divl^'
stockholder may
year
■
$5,658,200 *'$7,233,235
$642,298
income
the
this
far
so
*
—V.
Other
9,399,418
13.705,546 $
*
23,630
In
No underwriter named.
common
$0.70
1946—7 Mos,f—1945
1,686,410
Equip, rentals (-net Dr.)
$0.32
either with temporary certificates or with permanent
certificates; that
beginning Sept. 13, 1946, only permanent certificates shall be a delivery.
—V. 164, p. 598.
':
♦Incl.
Jt. fac.
order,"
par), and '200r shares (($5
facility rents
$7,168,822 $32,637,46Ti-$«, 576,668
4,042,363
24,306,6l2sa26,637,887
382,398
Y
.
a
share for preferred and $5 a share for the common.
will be used for fixed assets,. inventory fixtures and
New
and
$1,191,896
Dr$ 1
Union Asbestos & Rubber Co.—Form of Certificate—
Eet
Ry. tax accruals
such
election,
company
facilities,
31,'46 June 30/45
$810,089
Dr$0
,
000,00c.,')
1946—Month—1945
3,695,663
has
Net
*
Ry.—Earnings—
$4,887,559
cost
L600|000
'-jRoH
Operating
service
$598,129
■
$1.04
'
Period End. July 31—
When
exch.
of
1.00
security profits will be reinvested,
identical to the class of.
additional shares will be sent to thw
the
$0.23
Total
.
of
the company has nearly 11,000 on its payrolls, an increase of 70%.
One year ago, United served
43 cities on its coast-to-coast antT
Pacific coast
routes
with
a
total
of
120,161
miles of flying daily;
-
Net
1946
>.
Jour¬
1
$890,031
;
Texas & Pacific
'*
Co.—
$1,730,031
Y
income
share
per
Oil
YY
<■
income
Street
Co.
Subs.)-—Earnings—
6 Months Ended June 30—
•Estimated
—V.
Fohs
.YYYYYyY
'
Earned
into
V .•:■ •••• • ? '••>..'•Y <• «•1 "' YyY?Y'y"
interest in capital stock and surplus of Fohs
Tennessee Corp. (&
Estd.
and
report,
§Minority
V.
with
("Wall
164, p. 1127.
depreciation,
depletion
and
amortization
of
$916,833 for Fohs Oil Co. and $10,023,667 for con¬
$9,106,834 for co.,
solidated-
merged
was
t
$100
capital.
$0.04
1.75
expansion in personnel, planes and service—Including In*in
passenger
accommodations of
more
than 200%' betweertx
key cities—has been made by United Air Lines during the firsfc
of peace,
it was disclosed on Aug. 27 by W. A. Patterson,,
year
7,418,804
13,172,897
9,682,403
8,183,739.
274,961,209 162,823,693 132,611,459
this
in
retroactive
($100
prices,
$0.28
1.75
"A" Shs.
President.
$31,710,965 $20,223,335 $19,821,623
company on Aug.
for
1,000 shares of
for
reserves
been
-
industry
of
DeLarge Oil Co. was Increased to 69.7617%. In the same month
Foroy
Petroleum, Inc. became a wholly owned subsidiary of Fohs Oil
Co.,
and
has
.
-
parts
) £>r$117,986Dr$l,492,972
———
principal factors
six months, but
Proceeds
5,644,194
'.YVYY:
stock of Fohs
,
the
,v
1945.
31,
1
The
equipment,
"producing properties and equip¬
of consolidation."
purposes
Secured
decision
SEC—
Stock
$0.07
;
.
Com. Sbsi-
163, p. 3424.
Surp.
The
Totals
no
aircraft
16.
371,329
♦Texas Gulf
Producing Co. acquired 88.512% of the outstanding
capital stock of Fohs Oil Co. in June 1946.
The difference of $4,360,108 between the cosc of this investment and the
book value of the
properties represents purchase of oil and gas reserves and
and
of
a
initial
iirst
made onu
Pfd. Shs.
certain
K'l,014,730
V
371,329
surplus
but
the
"Y June 30,'46 Mar.
directed
improvement
22,460
768,607
m* mm
value)—.
j
par
rate
the
are
SEC
v'.Y
7-1
($10
Capital/surplus
Earned
50,511
22,460
-—'~YY
par)
12,
in
1
J——_—
value
the
:
'
20__
20
authorized
exercised.
Dec.
*
and
at his
10,259
2,435
subsid.
of
Trl-Way Industries, Inc.,
surplus
stock
—V.
V
Frye,
High
quarterly
■
•requested
p.
so¬
(current
as
stock
payments made
••
a
"The
the
to be
payments
"C" Shs.
1.00
•
of
held
or,
cash.
June
officers
President stated that although
Trans
World Airline
profit during June, a $136,000 adjustment of mail revenues
contributed substantially to second quarter deficit.
ex-
contingencies
stock
Common
*
32,695
871
payable—secured—(not curr.)'
Guaranty Trust Co. of N. Y...„
Earned
15,217
47,833
/«.
be
interest
___
i Total
Jack
192,841
38,989
Note
4 v
$131,404
pur.
cial security taxes withheld
Reserve for Federal income and
Res.
$264,000
61,438
bond
sav.
will
an
shares
presently
in
Profit
showed
$0.17
.40
March
538,434'
90,642
$0.20
____
On
,
137.270
"B" Shs.
stockholder,
the
315,774,621 185,222,007 145,597,257
Revenue ton miles;.
1
Pas&enger
26,962,590
16,258,201 13,809,775
Mall,,
:
2,474,683
2,561,848 V 4,516,991
Express and freight-—.
2,793,098
1,183,310
1,332,195
Excess
baggage———480,594
219,976
162,662
13,568,242
"A" Shs.
.
—
additional
dend
^
,
3
—a—
share
the
salaries, wages, int. & roy.
Accrued taxes—other than Fed. inc.
it
Transamerica
earnings
and the special
Distributions—
dividends,
creases
Reported to Have Option on 3
:
Rey. passenger miles—1
TolaOeat miles op.——
63,739
$264,000
.j*...—
by
Rey. plane miles
9,600
636,888
447,953
137,270
1,532,917
12,257
7.675,217
charges
(secured)—current
deducts,
in
13,275,912
538,434
Accrued
,Payroll
,..y
-.
in
be offered to
may
10,982,760
""liill
43,460
cost)..
deferred
payable
share
18,506,332
payable—Guaranty Trust Co.
Accounts
per
18.428,732
''
...
York
Special
to sub->
Rights ^xpire Aug. 30.
issue is not being
expenses
V;...
i
New
Quarterly
The
revenues
LIABILITIES—
•Note
$25
at
held.
Operating
1,906
,
affiliate
(capital)
Other
right
Operating
*7,491,885
receivable
of
,
the
$1,878,513
'L2&
61,834
to Guaranty
York)
affiliate
Indebtedness
$Fixed
New
Per
306,321
157,165
♦Investment in securities of affiliate
'i}!* <at
have
325
330,566
290,788
u—.
(at
Net
dated
$1,169,483
9,600
receivable
securities
12
capital.
shares
•
—
already has
nal.").—V. 164, p. 996.
Consoli¬
325
...
Inventories
Investment
share
996.
p.
whether
to
as
following
United Air Lines, Ine.—Growth in Year—
Transcontinental & Western Air, Inc.—Earnings—
Co.
$709,031
...
Accounts,
164,
Aug,
working
Y Quarter Ended—
Co.
interest
each
for
unsubscribed
any
the
Rapid
through control of Adel Precision Products Corp., which was 99.24%
income
statutory
Fohs Oil
Producing
Cash
yet
Transamerica
Texas Gulf
ASSETS—
Accrued
and
declared
865,050
shares
common
for
used
employees.—V.
reached
CONSOLIDATED BALANCE SHEET, JUNE 30, 1946
•
865,050
crafty outstanding stock, expires Sept.
31, 1946, Texas Gulf acquired all assets of
royalties, and assumed all of that company's lia¬
1946, Texas Gulf Producing Co. acquired for
except
iDuring June,
\
$2,718,021
£ "this corporation is understood to have an option on Taylorcraft
Aviation Corp. stock held by Nash
Russ, Taylorcraft President.
The
option', which it is understood involves approximately 75%. of Taylor-
$5,644,194
March
on
$3,904,332
—
record
Taylorcraft Stock—
A:*Texas Gulf Producing Co. acnuired for cash on Feb.
1, 1946 a con¬
trolling stock interest in The Ohio Fuel Supply Co. Upon dissolution
of
share
be
Transamerica Corp.
1,000
—
Earned surplus, June 30, 1946————
,
i
of
additional
new
would
Y
:
$5,797,186
————
dividend
$7,205,562
4,487,541
-
$239,323
y^^yyy^yvyyyyv-
stockholders
12,000
one
underwritten
and
Cash
l,293,7ffT
Packing Co., Inc., Rochester, N. Y.—Rights—
to
of
Proceeds
5,382,010
.Total
$5,198,0^|.
113,857
dividends requirements
common
ratio
$350,930
$353,180
$314,881
597.. yyy.>
p.
have
'
all to holders of record Aug. 27;
On
Preferred stock
scribe
Net
$423,440
108,559
before
minority interests..
t.:
Income
income
Net income
218.270
15,770
2,645
—v.
•
102,422
'
;
Sept. 25,
Other
57,905
$121,524
$41,023
*
directors
being payable Sept. 20,
stock
Net int., & other deduct.
1
1,200,000
$424,047
Net operating revenue
income "(net)..—
"
Income
817,257
■
.1,200,000
$639,145
$97,853
ones
381
Other
Oper.
The
862,286
i..':
be
The special dividends from realized
$1,624,630
59,650
'
of
.To
dividends
Union Trusteed Funds, Inc.—Special
"Y
1946—12 Mos.—1945
approp.
,
res.
.
Sept.
1, 1946; due $150,000 each Sept. 1, 1947 to 1956 In¬
guaranteed unconditionally as to principal amounfc
by endorsement by the Union RR.
Principal and semi¬
annual dividends (March 1 and
Sept. 1)
payable in Pittsburgh, Psu
Denomination of $1,000, registerable as to principal
amount.
Not
redeemable prior to maturity.
Issuance and sale subject to approval
by the Interstate Commerce Commission.—V. 164, p. 1127.
7,466,140
$1,481,144 $17,438,831 $16,915,333
646,760
7,655,425
7,067,231
314,519
.2,542,607
722,612
184,977
limited-term
investments
Total
29,565
$1,498,415
726,130
expenses
Prop, retir.
$68,343
Dated
clusive.
and
17,242,757
1946- Month—1945
Hutzler, 99.28; and Peoples First Na>Pittsburgh, 99.11.
tional Bank of
40,686,480
7,729,771
a
revenues
Other taxes
,
896,271
•
2,212,192
858,643
;
164, p. 734.
Operating
Operating
::X":
$1,398,785
Operating exps., etc
1943
59,288,837
income
oper.
Period End. July 31—
Y 'Yy>
,
i
J.-
1,178,281
Texas Power & Light
Co.—Earnings—
ACCOUNT, 6 MOS. ENDED JUNE 30,1946
Y> ;''Y (Including- Ohio Fuel Supply Co. and Fohs Oil Co.) Y;>Y::,Y>
Y
ry.
—V.
INCOME
yVy"Y;V?':Y; YYYYY-
1,240,866
from
from
Net
directors
these securities.
Salomon Bros. &
1944
1945
"
,834,148 $10,424,725 $10,683,213 $10,969,009
1,796,665
4,047,538
4,460,690
5,558,256
income
oper,
Net
by bank
Trust
from
ry.
Earnings—
1946
railway
railway
From Jan. 1—
...
to
V-
from
Net
all of the out¬
recommend
that
a
substantial portion of
retired through the sale of preferred stock; the
price, redemption price, conversion privilege, and
be
sale
matters
at the
arc
offer to purchase
an
Oil Co., Houston, Texas, at.$11 per
704,697 shares, or approximately 92%,
$7,751,667.
Y
directors
loans
as
Gross
Fohs
of
acquired
;.of said Fohs stock at a cost cf
The two acquisitions referred
loans,
Texas & New Orleans RR.
July—
was
j
1946 we made
stock
common
and
The net cost of this acquisition
1253
Net
Union RR,
(Pa.)—Equipment Trusts Offered—Halsey,
on Aug. 28 offered $1,500,000 1V4% se¬
Stuart & Co. Inc.
rial equip/trust certificates at prices to yield from 0.95%
to 1.70%, acording to maturity. The issue was awarded
Aug. 27 on a bid of 98.333. Other bids received, all for a
1 Vz% coupon, were Harris, Hall & Co.
(Inc.), 99.377;
u
$2,974,571
ana
724,682
income.—
766,813
3,004,412
3,266,601
$2,249,889
$1,837,462
$9,329,828
$8,060,523
BALANCE
ASSETS—Plant,
$2,604,275 $12,334,240 $11,327,124
otner
deductions
property
SHEET, JUNE 30,
and
equipment
1946
(including
intangibles)—
$32,733,520; investment and fund accounts, $212,006,700;
banks—on demand, $11,294,816;
special deposits, $2,132,269;
ledger value,
cash
in
iunas, $o4,l8l; temporary cash investments—U. S. Govern- ...
nhiigations. $720,000; note* receivable. $536; accounts receivable,
materials
and supplies,
$601,339;
prepayments,
$77,453;."
WurKing
j-ont,
$996,397;
'
1254
other
current.
andt
accrued
LIABILITIES—Common
assets
$21t60ii
total'
deferred
debits.
summary
collateral
trust
-
par),
$106,533,020; first mortgage and
due
1963< $04,200,000;
accounts
bonds,
Total
$639*667;$2,130,658; customers'
interest,
(cash
in-, special
deposits),
deposits, $1,104,920; taxes accrued, $4,830,197;
$739,906;
other
current
and
accrued
liabilities,
accrued,
$39,497;
total
deferred
credits,
$179,350;
admin,
on
&
Sept,
20
13
to
share
per
holders
the
on
ofJ three
cents
stock
directors
also
Sept.
each
30
initial
an
the
on
6.
which
for
quarterly dividends-were
The
declared
record
old
shares
new
28
new
This
was
is
equivalent to
share
held,
each
the
on
The
the
corporation
20
and
cents
Sept.
similar
view
qupted
York
15,
the
of
"ex"
Curb
altered
to
the
June
on
stock
common
and; Sept.
3
last,
15,
dividend
Aug.
on
Exchange.—V. 163,
„
company
instead of. Aug. 28
29,
Net profits
June
30—
'1
V'' ''
' J
».<
,,
Net
'
t
,15,436
Other
income
Balance
taxes-.
1945
1,146,429
1,132,914
$4;621,031;
288,185
413,406/;
'Jl
■
Prov. for Pederal and- Canadian taxes
787,205
profits
-----
$8,921,922
Earned surplus
Transfer
Total
of
at
3,474,000
2,553,000
grade
92,974
beginning of year.!
for contingencies
surplus
__
$41,488,751 $36,987,441
273,777
273,777
.
——
—
1,197,886
^
Balance surplus at end of
period——
a
other
government
$22,249,522;
320;
of
securities,
accounts
land,
mineral
U.
at
S.
1,197,512
(net),
and
costs,
less
No
$735,832;
accrued
payable,
and
expenses
(after
reserve
for-
(after
$2,956,183;
miscellaneous
66,977,-
eral, and
and
into
are
for«-
United States Shoe Corp.
SEC
seven
&, Co.,
Cincinnati.
filed
used
the
common.
Shares, will
stockholders, who will receive
: '
19.11*
it
the
is
be
the
with
the
best
anticipated
net
and
offered
entire
5%
1945
for
the
to
us
extend
the
161,
p.
operations and
2491.
*
Foods Co., Inc.—Stock Offered—The
Co.,
Inc.,
July
on
cumulative
offered 100,000.
preferred stock
17
convertible
"
and div.
three
and its predecessors have operated only during the
immediate postwar, period.
Results, of such operations to date*
necessarily^ constitute a-reliable indication of the company's
company
and
war
BUSINESS—The company-was organized Oct.,1,
of taking over the food handling and processing;
partnerships,and a corporation, -vyyv.yyv/y
purpose
businesses of
do. not
possible
future
y cumulative
used
items
35
as
ability
to
convertbile
other
the
meet
preferred
factors incident
substantial
Net:
mm. slide
the "Vokar
to
assigned
preferences
to
■
the
,
OcU
•
stock, inasmuch
the
and
war
and
-
and
camera
which
on
cameras
on
will,
a
its
in
Operating
Other
Other
surtax—
tax
Approximately
expended
of
Utah
in
$32,000
connection
Radio
$205,800),
(approximately
reimburse the
the purchase of
Products
treasury
to
with
Division
International
of
era
and
use
prafits
new
in
:
i
taxes
and
for
these
of
additional
products;- payments
working
AND
Detrola
debtedness.
$43,098
Net; sales
Cost of* product
sold;
$158,697-
)'/)' ^
ex¬
&c.
penses,
$2,209;724.
1,1
■':w
■>'•" "v
227,913
1944
>
C•
>
<•
and
proceeds
approximately
100,000 she*.
135,000 shs*
estimated
are
at
$881,765.
Company
to- discharge outstanding in¬
of the remainder of the net proceeds has been
While none
$500,000
presently be allocated to any particular purpose, the manage-1
presently contemplates that the proceeds will be used during'
1947, as follows: Purchase of new machinery and equipment;'
renovation
in
of
machinery and
location
a
to
or
be
equipment
construction
selected,
of
already Owned,
additional
an
approxi-,,
frozen
foods,
additional
working, capital, to be used in paying raw material, labor and other,
operating costs pending the sale of inventories, approximately $106,705;,
approximately $200,000;
.
Western
$930,528
.
'.V*'
use
net
Outstandips
100,000 shs.
—V. 163, P. 3463.
804,168
$113,771,
MRPYland-.Ry>;---JuIy. Earnings-—;
Period End. July 31—•
Operating revenues '
"Operating expenses
y
1,315,552
1,921,984
Authorized
300,000 shs<
and
plant
1949
:
$1,429,323
$149,290
r_+—500,000 shs.
($l; par)
mately $75,000; purchase
of; excess
-Calendar Years1945
$215,982
will
ment
capital.
—
May 31,'46
-
to
proposes
EARNINGS
5 Mbs. End.'
shares
PURPOSE—The
company's treasury for expenditures
engineering development cost of the new cam¬
unit, tools, dies and jigs, additional machinery
tuning
______
.T—
tPredecessors.
*
Common
for
the
the. manufacture
2,197.
'
,
the
of
$151,487
12,250
Pfd. shs. ($10 par), Issuable im series.
5%; cumul. conv, preferred stock!
!.
1946
connection, with
620
$233,486
18,501
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING;
vibrator
the
$150,06T
602
25,250
;
•Western Frozen. Foods Co., Inc.
to, bet
are
'
$232,883
16,154
and
762,437;
81,262
...
_
$96,753
Net profit
opinion,-
or
■
tax
-
3,164'
profits
$994,566
2,571,698
336,452
$93,588
deductions
Excess
.-
profit
income.
Normal
the
$3,141,034
1,406,026;
220,080
income
Total
•
including:; reimbursement
the, public by
proceeds.—V. 163.
$1,719,695
*
it
»
The balance of approximately $173,000 will be deposited with
company's, general-funds and as such-may be used, together with
any
other available corporate funds for- proper corporate purposes
in
products^
Selling: and, administrative expenses"
immediately
large scale.
will
company
this
of
built
sales, of
Cost of products soldi.__
the
in
the
to
net
will enable
ORGANIZATION. &
.
Corp.
D.
.
of
k at. par ($10)
and
such
are
designed
that the
sale
proceeds
the
Benj<
Underwriter,
which
California
The
including
accessories,
accessories
production
follows;
as
funds
division
payable,
$1,077,510; Fed¬
registration- statement
a
par)
First
shares
c
Detroit.'
trade name
a
SALES
Ba^tlett
p.
of
of
one
PURPOSE—The
Cincinnati—Registers With)
SEC—
service
confined
a
for
company on Aug.
25
for
24,000 shares
($4
^
component part of radio receiving sets installed in automobiles,
and which, are-sold; to-radio set manufacturers.
depletion,
reserve
Canadian taxes on, income,
$5,704,224; reserve for self-insur-v
$251,787; 1% preferred stock ($100 par), $7,822,200; common
stock, ($20 par), $23,957,720; paid-in surplus,
$5,831,447; earned surplus, $40,017,088; total, $88,353,990.—V. 163, p. 1292.
f i;. :
The
:
With
;
engaged in the manufacture of vibrators, which
dividends
taxes,
by
1945
have been
increase the volume of. tonnage handled."—V.
j
underwriter named.
company has a back-log of orders
cause -this item- to
be very profitable;
The company is also
ance,
v
photographic
line
This is
thjs is
of
LIABILITIESr—Accounts,
its
market,-
$31,145,350), $26,536,719; stripping Rnd development
amortization, $223,342; self-insurance deuosit and-preoaid'
$503,866; prepaid expenses, $881,^38; total $88,353,990.*
premiums,
Brooklyn—Files
Corp.,
model
new
enter
$6,469,402;?- intentories,
timber
$1*914,256),; $6,954,200;, buildings and equipment
depreciation
and
In
Patch."
believes
$40,017,088, $35,516,152
Government^ ($21,223,000) and.
(market quotations $22,515,000),
cost
receivable
deposits
coordinated
72,211
'■
October,
operations
.
The
$17,558,182;
'
high grade camera. This is a 35 mm. candid camera, of
a
type produced in foreign countries prior to the war. This camera
has F2.8 lens, and is
equipped with a coupled range-finder. Company
CONSOLIDATED BALANCB. SHEET,. JUNE 30* 1946
ASSETS—Cash,
""
*•'
photographic trade
for a liquid used for the correction
of scratches on negatives.
The
company also markets the Vokar Dodging -and Vignetting Kit,
agi¬
tators used in,
developing fi}m
and other photographic specialties. •?;
The company has
recently, added to its line of photographic supplies
876,706
-—
.
■
Common- dividends
162,934
69,995
:
cameras
Scratch
$5,447,922 ' $2,356,217
33,754,458
36,040,829
reserve
Preferred- dividends.—
812,123
158,362
24,016
In
Carloading
,
$4,909,217
inc..
on
-
--.y^ry:',y;yu
y>y
the Interstate Commerce
merger.^
•
: / :y".siy
to the territory
east of the
Mississippi River/' explained Mr. Jones, "while the Wells
Fargo Carloading, Co. has specialized;*in handling traffic from points
on
the. Atlantic
coast; to. points
on
the Pacific
coast, as well as
Mexico and-Cuba.
The merger of these two companies will' provide a
16,803
-
822; 199
139,686 "
83,581"
Metal; Products
projectors.
Net
6,269-
approved
was
"General
:":2/Mv^:v:-r ;v-• C-;''
■■
3,535.595-
.
as shortages of food
postwar economy have hadfavorable effect on such operations.
Further, while
HISTORY AND BUSINESS—Corporation was-organized as Electronic
in the past the
company, and. its predecessors have sold their frbzeiv
Products Manufa/turing,
Inc., in Michigan, Jan. 25, 1939. On July 12,
products primarily to large industrial or institutional users, the com1946, this corporation acquired, solely through the exchange of its
y pany anticipates a substantial decrease in its sales to such users in
common
voting stock, all of the assets of Scio Manufacturing Co,
f. 1946 and. it presently plsns to "pack an increasingly greater proportion
(Mich.).
On July
12, 1946, this, corporation, also in exchange for
of its output for
disposition to the retail trade.
shares of its common
Company also pro-'
voting stock, acquired all' of the assets, of Sci¬
poses to enter, the canning business in a somewhat limited fashion,
entific Specialty
Co., Inc. (Mich).
' ~
'
■
The corporation is
1
SUlVIMARY„OF EARNINGS.
'
engaged in two types of industrial manufacturing;
(1) photographic equipment, and (2) radio parts.
With reference to
•Oct. 1/45 to
tYr.End*
tYr.End. /
the first group, the
company is engaged in the manufacture of high
Apr: 5/46 Sept. 30/45 Sept. 30,'4*v
$5,753,945
_
before
-
,
McDowell) & Dolphyn on Aug. 13 offered
83,095 shares
of common stock
($1- par) at $3 per share. ^
"I
_I
_
■
734.
p.
\y"
56,665,727
23,315,083
,: 6,858,259-
.
1846*
-
$8,508,514
\Uf:
'1
profits
company,
33,437
833,020
'
income—.
oper.
income
164, p. 734. • .y,:-.
972,496
;.y
57,505,213. 55,560,190
21,870,696. 21,854,273
5,622,468-, 5,324,654;
.
Commission,, which, this:, month.approved^ the-
$124,367
9,944
'
railway
3,491,778,
753,249
Merger of the General Carloading Co., Ina with Wells Fargo Cary loading Co. became effective Sept. 1, Elmer Jones, President of Wells
Fargo & Co., announced. Purchase of General Carloading by the latter
1943
$85,006
14/701
railway
164,
C-h'-V:
will be
$9,654,943
*
from operations
Provision for depreciation and
depletion
•
.1944.
.
21T776
company on Aug. '21- filed a letter of notification with the
for
1,423- shares ($100 par)
common*
Offering price, $100 a
share.
Proceeds will be used to expand manufacturing- facilities and
for additional
(& Subs.):—Earnings—
,
,
yy
1945
The.
the New.
on
1—'-y v;
from-railway____
44,513,770
from railway
!___
7,468,956
—v»
a
United States Gypsum Co*
Ended
$84,114
$121*786
Transfer Agjentrr-lfaticnal. Bank of
6 Months
$115,543
SEC
696.
p.
$13,509
f
v:
1 3,045,663
2,392,570
$8,239,547.
573,170 ; ; 666,714,;'
f
• "T943
'
.
Wells Fargo & Co.—Merges Subsidiaries-
25,574
working capital.
17, respectively.
A
as compared with 15
this
of
:;
1944
• -
$8,007,300
'
i
Vokar Corp., Dexter, Mich.—Stock Offered—Mercier,
stock
common
1,470,623
income
Net ry,- oper.
•
Victor
.
the
railway™.:.
oper,
V
:
:i
1945 v
$7,593,012
$7,152,211
From Jan.
Net
$84,114
$115,543.
SEC—
dates of
Sept. 1
from
ry.
■
railway*.
Western Frozen
.
record- and. payment
the
on
Sept.
1946.
change,
the
both
dividend
was' made
distribution
cents on-March
Iii
has
respectively,
ry.
—V.
:
share
per
15,
"
.-
r
:
$151,256
railway
from
from
Net
regular
V
-J
United States Graphite
Co.—Changes Dividend Dates
■'.
■■■
from
Net
$79,224'
4,890
"
5,295
$13;509
*
$17,871
From Jan. 1—
cumulative
„
)'
$110,248,
10,953
1946
from
Net
four
1,560
$28,825
from
Gross
cents.
declared
5%
from
Net
:
•
railway
Net, ry. oper. income—
on. the. basis
which
regular
on.
Gross
,
Net
split-up
and
$745,314
516,588149,502,
-
income
Gross
cents
60
$11,949
1,785
'
Julyr
regular quarterly
stock, payable
quarterly dividends of
preferred stock, payable Oct. 1,
1946, and Jan. 2, April i and July 1,
1947, to holders of record Sept,
16 and Dec.
16, 1946, and March 17 and June 16,
1947, respectively.
—V. 164, p. 1128.
;
/
•
,
$1.25
RR.—Earnings—
"V
1946
July—
—
,,
Utah Ry.—Earnings-
common
recently
49,418
$27,040
income
Net profit
Prov*. for Fed, inc., taxes
Manufacturers, Inc.—New Stock
share.,
per
of
$927,723
636,316
181,160
.
152,789
.
53,930
Operating profit
Rental
80-Cent Annual Dividend Basis—
an
j*irectors on Augof
dividend
$214,156
'
166,611
expense
1944.
Gross
property retire¬
adjustments with, respect
Net
United Merchants
$247,580}
r
•
goods soid_____
&
for
reserves
sales
of
Sell.
End* Dec, 31-
1945
31-j '46
June 30, '46 Mar.
Cost
ment, $6,664,066; reserve for future^ losses or
to
capital
assets,
$32,218,209;
reserve
for
uncollectible' accounts,
$36,979; reserve for inventory
adjustment, $27,764; contributions in
aid
of
construction,
$564,665;
earned
surplus,
$10,843,293;
total,
$260,752,192,—V. 163, p. 3000.
Placed
Wabash
-Year
*——3 Months. Endedf
V
'
.
3%
series
dividends
declared
payable*.
earnings
of
■
($lo
1946—Month—1945
$2,848,705
'
*
•
1946—7 Mos.—1945
$126;360
$2,921,877 $17,485,240 $21,688,393
___
I
United
B.
C.
Mamble,
Western
Prof. bef. tax*
Wallpaper,. Inc.—New Director—Declares 25-
Cent- Dividend
Chairman
of
the
boards
of
declared
dividend
a
of 33y3
of
25
—V.
cents
at the
cents
close of
paid
was
business Oct.
on
July 15,
1.
An initial
.
,
,
on
distribution of 15 cents per, share
Sept. 21 > 1945,
v'-''
-
; "
.
and Sept. 21,
made
was
1944.—V.
redemption on
operation, of the,sinking fund,
$2,000 of 3V4%
Building revenue bonds dated Oct.
at
the
1943,
Oct.
1,
102 V2
Divs.
dairy^ and
and
and
tains
at
six
of
its
products,
in
packaged,
,
class
A
first
oper.
TQYPC
of
„
its
kind
in
Houston, Texas,
CAPITALIZATION—The- followingthe
was
,
.
Common
staple
be
A
,
stock
stock
"
outstanding
on
upon
sale
of
all
thon
PURPOSE—The
and
in
fore
groceries,
as
proceeds
' 414,806
Fed.
taxes
taxes
2,696
85,243
18,681
596,70t
amort,
*
■
•
$447,063 % $1,539,612
optg.
payroll
Ry".
inc.
Other
-
:
,
$3,912,421
Tidewater
&
accr'ls.
3,902,962
3,307,244
$2,530,533
':
Southern
Ry.
20,023,837
$36,382,725
22,213,673
$4,510,395 $14,169,052
778,810
770,176
115,674
188,000
1,356,548
760.000
82,965
118,777
562,565
99,533
251,263
688,920.
accruals-
Co.)
1946—7 Mos.—1945
$5,837,777 $24,534,232
$1,009,459<
111,029
ops.
accruals-
tax
ry.
ry.
tax
tax
Ry.
1946—Month—1945 ^
.
7,258,116
737,420
Equip. and joint facility
rents
4^354,570
:(net
ry.
Other
Dr).
optg.
income_-
$527,933
$688,-271^
53,722
54,051='
income
1,435,914
$1,720,100
'
$3,967,426
403,151
411,555
$2,123,251
$4,378,981^
-
2,759,722
•
*
:
5,705,861:' '"• 5,509,876,
/'.
-
*
512,448.,; r
429,289
826,715
Total
Misc.
.
644,346
•
-
^
:?•
*
-
4.344,436
• •
exps._i_a.-__ .;
Ry.
■
Northern
July 31*—.
revs
Net. rev. from
$873,690
1946—12 Mos.—1945
2,253,221
-r
-
*
-
\
;
-r-'^^ .y:
:V'
on
of transportation
income-
.$581,655.
deductions
$742,322:
•U
17,010
Fixed charges
: -V
." ;
'
t/kyy
V';:
46,123
properties
,
'
.
.
"
.
.
'
$6,801,894
"Amount
166,330
:
632,864
339,860
stock
be
14,389*
131,712
;
47,615
117,553
;
336,055
323,254
$518,521
contingent
a
$1,668,285: \.$3,925*373>
.$680*318.
charges,
i.
capitaT fund,'inter¬
e.
income.bonds, sinking fund
\
'
!
OF
COMPANY
1946
-
1945
ONLY,
'
Julyr-r ill
Gross
from
JiT*"
railway__:
: $3,745,058 -
Net
from- railway______
Net
ry.
oper.
income___
$5,662,640*
1,018,206
;
--
income
Net
income
before
tax
$8,770,679 $15,526,834 $20,450,071
$3,659,490
$4,592,087
4,178,592
v
$6,786,872
$7,761,122
2,119,553
5,777,193
4,173,865
2,472,534
;
—
12,688,949
-
3,659,490
1,009,679
3,587,257
$4,592,087
$6,786,872
$7,761,122
used
Net' income
special
-V.
~.V.
.
163,
including
tax
adjust.
3002.
p.
^
\
•
*
-
*
-
>
$3,659,490
.'. V.-.'
from
Net
from
Net
8,739,962
-
spe-
adjustment-
adjustment
$7,116,487
3,456,997
"
■*
Gross
562,876
ry.
—V.
164,
p.
Orders
1943
$4,786,909.
2,598,241
721,711
-
-
669,162
1,419,255
y.
railway
23,495,321
35,234,015
14,043,312
10,535,370
2,137,920
4,076,710
*3,901,077
""
735,
More
26,079,585
11,990,460
28,372,607
4,739,909
income.
further
1944
982,070
■
railway
oper.
>
$3,605,986
2,532,367
From Jan, 1—
now
•
J
for
EARNINGS
$8,604,349 $14,893,970 $20,110,211-
314,593
available
.
J r
Crl.613,900 Cr4,146,214i
•
Non-operating income—
;>N.eti incpme__a4_____
est requirements on general mortgage
and other corporate purposes." "
'
the
Operating income ___■
to
opty.
•
"3,063,065
*
defense
of
Period End.
Ry.
on
250,000 shs.
are
1,897,907
$2,170,373
y
Western Pacific RR. Co* (& Subs.)—Earnings—
414,806
y
;
sale
follows: For the payment-of bank
loans incurred in connection
with
construction and property acquisition
costs, $100,000; costs of
construction of stores, $40,000; for
working capital, $80,000.
207,403
y
Net inc., includ. spec.
tax adjustment
($220,000)
1,710,698
$1,059,143
(Including Sacramento
$10,456,614 $1-2,24-1,059 $21,409,140 $23^740.699,
income
3,654,72Q_ 3,636,710,, '8,129,070
7,776,702
Reductt resulting
from
1
refinancings & from
y--.-\,-yi«;..;yvv/V
;
'
Tax
net
2,268,729
income
Federal
cial
estimated
211,279;
$4,068,280
278,356
$3,557,225
2,260,658
2,221,601
Operating, income-- be-
Total income deductions
preferred
141,868
$2,739,841
$336,046
Net
25,000 shs.
of
28,885
$614,402
249,826
pa/1
♦Outstanding
shares
16,549
$482,273
income.
projects
$4,223,076
incomel^__J.
250,000 shs,
—
$3,857,00t
'
$232,447
*Incl.
$30,928,461 $31,154,636 $61,684,395 $61,778,287
12;146,100, 11,122,660* 23,880,75722,504,001
2,612,792
2,265,526
5,457,496.
5,024,795
___
25,000 shs.
$10)„;
Drl00,677
$2,627,973
*
273,786'
capitalization
Authorized
(par
(par $2)
$585,517!
Fixed charges
$3,831,014
275,836v
1946—6 Mos.—1945/
adjustments
1035.,
the
$4,498,911
131,990
1,134,365
for*
Gross
offered.
.
shows
rents
business,
This business,
founded in
table-
$1,920,821
207,403
Amort, of prop* account
merchandise cus¬
business.
It also main¬
partners.
$465,724
:■
245,937
.
$1,788,831
____
deprec., retir.,
and depletion
company
Preferred
♦To
as
rZ)rl3,099
fac.
Gross
$4,076,951
1,134,294
revenues—
nthpr
taxes
Prov.
nine
Marshall and W. C. Marshall
i
of
Cr52Q,198
Dr84,774
jDr7,806
■-
stock
cumulative)
Operating expenses
Maintenance
stores, through lease arrangements with,, com¬
petent owners^
fresh; vegetable and meat departments. -Company was
organized on April 1, 1946, to
acquire the business, properties, assets
andrgood^ will of the U-Tote'm Stores which were owned and operated.
«
$4,782,106
283,195
$2,205,909
stocks
Period End. June 30—
deposi¬
and. other
similar
a
$3,437,480
Cr39G,512
Cr82,89C
(net)-___
1%
and
pfd.
on
Total
beverages
engaged
2,081,000
$2,316,235
Net ry. oper, income.
Other income i___
CONSOLv INCOME ACCOUNT OP. COMPANY AND. SUBSIDIARIES
interest,
First National Bank of
Chicago,
poultry
vegetables,
-! 358,000
$390,640
/
Ry*
AND
BUSINESS—Company is engaged in the
manufacturing; and selling ice, at wholesale andr retail,
fruits
y.
132^41
HISTORY
tomarily sold by stores
$2,338,253
.
___
U-Tote'm,
marketing-
419,000
$7,465,480
4,028,000
Equipment- rents
' y.
ALONE
124,001
Balance for 'class,B &;■*..,
common stocks
$864,212
:
Inc., Houston, Texas—Stock Offered—B. V.
Christie & Co., Houston,
Texas, on July 25 offered 25,000
shares of 5%% cumulative
preferred stock (par- $10) at
$10.25 per share and div. Stock was offered to
residents,
of Texas only.
frdzen
14,222,913
$4,397,235
$512,109
Cr86,507
1946—12 Mos.—1945:
$2,044,822
--.
6%
on
cumul.
next,- through
tary, Chicago, III.—V. 162, p. 884.
of
COMPANY
$2,481,739
etc.
Nete income
Dlvs*
Student-Faculty Union
at
OF
1946r—6 Mosy—-1945
143,486
discount, etc.
University of Illinois—Partial Redemption—
for
250,000 shs.
Co,—Earnings—
ACCOUNT
Net earnings
Interest, amort, of debt
3463.
($7
Payment, will be made
13,088.005
-$870,109
Net income
> •« >''' •'?■'/; >-.v- £ y' Q
1,
2,051,768
$809,640
Operating income4
Jt.
Dividends, interest,
The directors have declared a
dividend-of 40 cents per
share, payable
30 to stockholders of record
Sept, 16.
Previously, the company
25 cents per share each quarter.—V.
163, p. 1911,
called
2.039,063
revenue
operating
•«
Outstanding
500,000 shs.
Expenses
had paid
been
FINANCING
,j
,
Sept.
have
Net
.
Authorized
'
(par $1)
INCOME
Universal-Cyclops. Steel Corp.—Dividend Increased—
There
r,*
p* 998.
Period End. June-30—
the common stock
on
163, p.
•;:*!;» '
..
stock
16.4,
West Penn Electric
preferred dividend
last.
,
A
-
y
Common
per share on
the 1,187,990 common shares
of, stock, issued and, outstanding, payable
Sept. 16 to holders of record Sept; 3, and- a regular
quarterly dividend
of-/50" cents per-share on the
4Q,000 shades issued and outstanding of
the 4%
cumulative preferred stock,
payable Oct. 15 to. stockholders
of record
$287,740
.3
,
ky
v
of" United.
have
*$69,216
-
CAPITALIZATION, GIVINp. EFFECT TO PRESENT
Gamble-Skqgo, Inc., and
Auto
directors
inc.
on
<
.
Taxes
Supply Co. of Missouri has been elected to the board
of directors ol Ijnited
Wallpaper, Inc., and Trimz Co., Inc.,' a division
The
""Deficit,
y
Common Stock—
on
„
'
$103,399;, total $260,752,192.
,
Monday, September. 2, 1946
XPE. COMMERCIAL & FINANCIAL CHRONICLE
...
Equipment—
.
.
-
6,383,675
*
*
•
>
'
*
and passenger
equipment for postwar requirements, this railroad has ordered 25Q
all-steel box cars from the Pressed Steel. Car Co./ Mt. Vernon, 111.'
The total cost of these cars will be approximately $1,050,000. Deliv¬
ery is expected early in 1947.—V. 164, p. 735.
As
a
step
in
acquiring
additional
freight
'
'
"-'UV'i''
>■'i*'*1'-:':
v'^''
:-;v
;-v-
t**\
■/■'/■
;
•
».-i*
■
TA*rtVN;".<y
•*: •.•'<•..• sj»:.vA \J •*..«> 4. >•_•,
1
r'*.*
w'
i 'i
.-.Jr^
: t c*\
-M ,■•«•...-as
*
-
.A
-
•*
•'i **"
A
.
•*.»•
••
.•«»...»
».
Volume 164
Number 4521
July
.,
1946
$335,451
;
railway__„
from railway,_„_
Net
Gross
Net
173,442
180,870
242,165
42,121
60,155
48,414
64,127
-..
railway
2,200,496
railway214,756
income
185,521
•-3,097,316
733.
While
after
394,835
-
"Operating
•Operating
.v/
Net
•
f
v.'*';'''/,
;l('(
„_
fr.
'
v
ord.
already
114,709
524,658.
Delayed
inc.
morton field had
3,221,453
five
3,547,175
.
-231,586
cents
(net)_
Total
for
——'
204,611
—
the
$982,894
$1,701,922 *$4,916,827
608,Q0<}
20,000
-
„•
'
-
*
from
from
•Net
ry.
'
f •
,
*\
railway——-
i
„
661,675'
income.—
401,824
265,858
Net
from
from
Net
ry.
—V.
•/;/-•■■- '
railway
income—"
oper.
i
SEC
•share.
No
S
1943.
due
E,)
for
Bond
Co.,
install
2,097,426
Co.,
LtdL>
Proceeds
1,903,265
•
Los
2,182,769*
Aug. 21
will
be
'Offering
.
used
to
with
price,
increase
to
material
par)
^''X:''-"-"
a
the
operations
'
-
Net Joss
J
Ky.
share..
Underwriter,
Proceeds
will
used
Miller
Marine
Decking,
V
■
redemption;
40-year mortgage
and
Nov.
on
1,
'.1
^
\'' 1'
100
$2,489,731
.164.521
35,762
'1'
69,304i
Stewart
$8,700 of
.
•shares
holders, at
price
heads the
Proceeds
be
to
the
underwriting
will
be
rate
filed
used
by
of
for
each
two
shares
v
held
a
•
retire
conditional
a
sales
contract
by the Reconstruction Finanoe
Corp., pay off
$600,000, and for working capital.—V. 162* p. 3241. *
obligation
bank
loans
.6 Mos. Efndv June 30—
♦Net income
;
1946^
t
,
$256,680
—-—
.Earns,
it
.
..
1944
'
Yale & Towne
and
price of
Interest, received
$186,078
$1,655,529
/ 3,278
3,397
--vw
o
income
-
$5.47
•
,-*$407,020
-
for
Fed.
excess
*$401,825
165,308
231,734
316,779
__
income
profits
$1,658,807
&
1-
Net profits
Earns., per com.
$24,167
—
*$718,604
$592,695
share.
——
$0.58
•
$1.17
*The above results do not take into account
any tax refund to which
company may be entitled under the "carry back" provisions of
the Internal Revenue Cede or
any tax credit to which the
company
entitled
in
the
the
event
loss
shown
is
absorbed
by
future
profits earned during the balance of 194G.-MT.
163, p. 3333.
; f:y.
•:?
•
,:
•would
have
been
payable
about
May 23 regarding the June
;on
The
had been
company
; payment made
share.—V.
163,
15
15,
Similar
15.;
action
cenl* each .quarter with the last
Total paid in 1945 was $1 pep
1946.
1485.
p.
■
s
1
■ ~
'V
■
In
the
first
>.
•of
,
.
the
: v,.;-
company.
In accordance
tion
of
with
affairs
the
of
mandate
the
of
that
an
examina-
'
'
examination
an
Confronted
with
to
its
legal phases.
.
...
AT
JUNE
refund
■
receivable
investments
and
in
(less
Miller
1949),
re
abatement
for payroll
excess
•''
directors
date
of
Stewart
voting
has
are
control of
of
Federal
$103,000;
income
deferred
salaries
and
tiation
that
of
the
purchase
Panhandle
•material
When
fexplains,
future
the
that
company
Producing & Refining "is
,
benefits"
present
Panhandle
Stewart
James
of
&
from
a
now
basis
in
a
which
position
indicates ff
Marine
(other; than
demand
Stewart
notes
to
•resulted
in
funds
had
office, the letter to stockholders
invesment of over $725 000 in
original $2,000,000 purchase price
Aug.
Miller
'reimbursed
art
&
the
net
Co.,
surety companies found it
necessary to
complete the work.
Under an agreement which has
to
for
the
their
Inc.
earnings
surety companies by Panhandle, they are to be
advances out of future
earnings of James Stew¬
After
of
a
portion
Stewart
will
income
the
purchase
Marine
includes
Stewart
capital
for
of
these
be
divided
advances
between
has
been
repaid,
^he surtey
com¬
In
an
August,
of
500,000
to
and
contract.
As
Decking, Inc., in
full
payable
shares
taken
of
a
of
at
for
the
$50
its
par
the
in
shown
the
store
also
provision
which
the
we
the charter of the
of
authorization
of
for
all
known
losses
the
will
of $50 per
no
100,000
share,
our
this
conditions it
present
built
be
that
and
to
ready
property
sufficient
be
will
funds
opsn
resold
the
erect
to
advantageous
Wisconsin,
enable
to
stock in
common
present
the
1945,
the
on
Newman
:
of the stockholders
hands
the
$22.2(Tper ''share,
was
31,
compared to $36.62 per J
stock before the two for y
as
common
!
ENDED MAY 31
ACCOUNT YEARS
'
'
1945
.
.
leased.
V
factories— $15,757,766 $14,476,932
departments
and
'
at
operating.' ipcome,w—;
during
the
218,591
.;
160,143- i
>
of
is
S.
convertible
into
117,017
123,910
49,298
885,500
42,506.
340,600'"
;
,
common
_
v
1,469,500
taxes———
2,588,400
45,839 v>
255,158 :
>
t$7.98 J
*$5.45
—
.
$1,063,581; $
stock—545.888
CONSOLIDATED
on
SHEET, MAY 31
y
.1946
/;
19451,
,
$2,511,823
1,175.403
1,814,204
343,470
1,386,570
—■——-—
y
-
finished
of
in
stock,
raw
materials,
Prepaid and deferred expenses—
Advances to landlord, subject to
>
122,782
V
!'
process—
v
.}
129,370
34,700
163,297
manufacturers
to
-<
$3,192,215
refundable—...,.———„
taxes
y
BALANCE
receivable
work
4,168,551
318,335
4,339
5,264,175
376,794
6,810
amortization
Mortgage receivable
i
receivable, maturing after one
r
7'025J.
year_i.„!L-42.000 ^r
Loans and advances to employees-.,,.
21,517
14,146
Sundry
investments
'i—
/ -8,760 ;/ •
5,960
wfProperty accounts; at cost.
7
1,422,336
1,169,061 }
Notes
Cash held in escrow, to be-used for making im.
:■
/
Total
-
Note
payable,
1
$13,797,213 $10,181,433
instal. payable within
one
year,
creditors, etc
$2,192,981
—
^1,037,174
75,718
; 854,416 -
1,071,111.,
decl.
1945,
Prov.
expenses
on
com.
,,,,,,,—'
stk. pay. June
respectively
fed.
for
inc.
1,
1948
and
exc.
r
;
—
and
prof,
■
70,862
taxes,—mn
-01
on.
31,894
(excl. of instal. payt. within one yr.>
750,000
1,300,000
contingency reserve,-,,,,----,-^-,
366,782
1,267,450
'■
""-p:
Notes pay.
Post-war
4V2%
Capital
2,260,655
surplus .'-81.066
3,974,774
surlus
r
1,401,822
41,615
3,229,001
common
$13,797,213 $10,181,433
of $iOl,550 in 1946 and
not in excess of market,
tAfter
allowance for
amortization of improvements to ,
leased premises amounting to $581,118 in 1946 and $598,295 in 1945. § Provision for Federal income and excess profits taxes amounted to
$2 441 132 in 1946 and $2,961,414 in 1945, against which there were
deposited a like amount of U. S. Treasury savings notes.
^Represented
hv 2H.1 785 shares in 1946 and 127,579 shares in 1945.—V.
164, p. 1086.
Total
*After
$88 200
allowance. for
in
doubtful
accounts
tAt cost or less,
depreciation and for
1945.
;
»'-•
366,78J
preferred stock (par value $50)
7% preferred stock (par value $1C0)_„—
Si Common stock, without nominal or par value
t
a
preferred
;
.
1 l<:
1,308,615
Div.
.
V
,
—
/ . /;
Employees' taxes withheld
.81,396
Prepaid sales and credits tQ customers,,-—1,442,432
Accrued
•
/
v"
Accounts payable—trade
■
/
———
—
LIABILITIES—
■
///v/;-,:
275,000
provements on premises owned-^^——
Patents, trade-marks and good will
:
/Earned
These included
stock from
new
—
bldgs,,; fixt.,
deposits in banks and cash on hand—
Govt, securities, at cost, plus accrued int.
and
v/V'";
common
shares
--Zr-~— $15,976,357 $14,637,075
11,823,880
10,478,078 7}
of
carried to surplus—$1,6-31,163;
7% preferred stock
22,735
4V2% preferred stock——60,872
on
ji}
•
company.
par
on
■(■Inventories
six
•
deprec.
Advances
sus¬
value. Pursuant to the latter authorization 42,526
cumulative preferred stock were issued.
This stock,
value
to
extend our lease there and modify
to ourselves.
A lease has
arranged to
respects
from
profits
Federal
cpmpany
Report— "
shares
addition
of land diagonally across
in Indianapolis, Ind.
The
under
but
advance
expenses
for
•Accounts
fore¬
Aug. 20 stated in part as follows:
stockholders at a special meeting approved
to
'
business
better
*
on
U.
in
par
4^%
the
store,
ASSETS—'
on
investment
on
on
authorized
the
at
profitable
and
Demand
6%
1,000,000 shares, in connection with which a two for one
of the then outstanding common stock was approved.
This
took place on Aug. 17, 1945.
The charter was also amended
provide
stock
the
in
of
one
parcel
a
expectation
will
margin,, before cleprec.
/
be
to
split-up
split-up
to
1945,. the
amendments
increase
and
May 31, 1946 after twofor-one stock split and preferred stock conversions.
tOn 127,579 shares
outstanding on May 31, 1.945.
(
-
number
in
Earnings per common share—-—
*Based on 283,785 shares outstanding
$210,000;
stock
(balance
losses
and Miller Marine companies
1946.—V. 163, p. 2731.
Raphael Malsin, President,
'
Ohio. The
time of
approximately $1,750,000.
in Cleveland,
1946
Dividends
5
Lane Bryant, Inc.^Annual
an
Co.,
with
by
our
1946
May
Dividends
considering what action to take in order to obtain
months ended June 30,
heavy loss and
a
been reached
tained
derive
Inc.
The
'agreement did not however, include acquisition of $400,000 outstand¬
ing preferred stock.
The investment was jeopardized when
contracts
.entered into by James Stewart & Co., Inc., and a
subsidiary, for building
a $7,400,000
naval hospital in Houston, Texas, on a fixed price basis
.advance
of
of. this
Green Bay,
3L
of
as
Dividends
re¬
The
statement
is
other
Net income
Federal
is
corporations),
in
Decking, Inc.,
reserve
-
it.
directors'took
already
on
*£
valuable
a
acquired
when
say
who
in
May
Excess
a
renego-*'
be
we
erection
miscellaneous
wages,
investment representing 94%
of the total outstanding capital
directors are also making an investigation of the com¬
an
Avenue
was
Steam Co.
of The
stock
years,
much., and
equipt., & amortiz. of impvts. to Isd. prem._
Interest expense (includ., in 1946, premium of
$44,687 on noto prepayment}■■■(net)
Prov. for Fed. inc. & decl. val. exc.-prof. taxes
sheet, the $400,000 par value acquired preferred stock
equity value amounting to $101,851.36 as at June 30,-1946, as
by the books of that company.
'./v.-,:.
The
sales
TotaV
an
with
-of
Prov.
balance
stock.
'
the
Euclid
83
;
time
same
eertain
/.Operating
an
shown
s;
to
of the
for
Itsi operations have been integrated with those
chain of stores, and we anticipate that The
will
It
Commissions
/
of all of the $400,000 par value outstanding preferred stock
of James Stewart & Co., Inc., (2) cancellation of the
liability amount¬
ing to $1,273,994; representing fhe unpaid portion of the purchase
price of the common stock fo Janies Stewart & Co., Inc., and (3) can¬
cellation of certain stock options and an employment contract granted
had
business
on
1,; 1946,
the
taken
Gross
of purchase
deductions^ $101,051;
these
investment
$84,800;
'
-
assets
one
of
v
,
re¬
Miller Marino
i.
liability
year
pur-
Sales, net of
$41,086,993 $36,699,126
Cost of sales, exclusive of depr. at factories—
25,299,226 22,222,194
30, 1946
.
Undfcr
in
CONSOLIDATED INCOME
emergency during, their first week in
office-- • pany's position*, with respect to its investments in the Stewart and
subsidiary, James Stewart & Co., Ino-,? engineers O Miller Marine companies with a view to determining the adequacy of
the reserves for possible loss on such investments.
contractors, the directors, says the letter, have concludedThe consolidated
in connection
and
;
company
into
for
obligation
14,
the
/.one split-up.
company
going
:
during the past four years be
-undertaken, the letter states that S. D. Leidesdorf &
Co., certified
:public accountants, have been engaged
to oonduct the'-<accounting " •
(phase of this inquiry and Gen. William J. Donovan, ofothe') firiri^of ' "•
Dopovan, Leisure, Newton, Lumbard & Irvine, has been retained
conduct
the
to
Marine
pursuant
stockholders
$524,437
applicable
•
1946, directors authorized the issu¬
of 18,515 shares of Panhandle Producing & Refining Co., com¬
stock, $1 par value as consideration for (J.) the transfer to the
mon
:
'/'n'U
the
Joss
advances for pipe line construction,
notes-of
Dec.
of
building,
in
as
Stewart &
whereby payment
future profits of
the
of
NOTES:
letter
a.
claims
money
$8,623,990.
*
Muller,
accompanying the six months earnings state¬
ment describe steps which have been
taken to strengthen the position;
in
out
before
ance
interim
report to stockholders of this
company and
subsidiary companies since the present board of directors took
office
on May
14, .Col. G. Edward Buxton, Chairman, and Romeo
E.
President,
of
accounts
the
for the
Company
Report
subsidiary
a
women's apparel store
a
located
investor
share
Decking, Inc., not consolidated, $339,999; interest of
minority stockholders in capital and surplus of subsidiary companies,
$124,900; common stock ($1 par Value), $917,40.7; surplus—capital sur¬
plus, $1,571,044; earned surplus (since July 31, 1938), $632,083; total,
Panhandle Producing & Refining Co.—Special Report
•
James
book value of
taxes), $259,089;
Miller
,
(
of
net
within
convertible
taken
was
and
$960,069;
Companies
made
or
payment;
paying 25
March
on
Sept.
$315,117
portion
/
I!" Ml J-U" 1
for Federal income
purchase
v'"*
(L. A.) Young Spring & Wire Corp.—Omits
Dividend
The directors have decided to omit the quarterly dividend which
v
285.689
,
P*
in HJU LU
construction
Surety
which
we
The book value of
II
purchase money obligations (due after one year), $97,500; notes pay¬
able to surety companies for advances made in connection with com¬
pletion bonds for United States Naval Hospital construction contracts.
(Subsequent to June 30, 1946, an agreement was entered into with the
the
be
^
tax, $34,479; deposits and advances on sales
contracts, $77^303; due Midway-Victory Oil Co. (noninterest-bearing note payable Sept. 30, 1946), $200,000;
8-year 4% se¬
cured notes due 1954 (less $280,755 due within one
year), $2,125,038;
and
..
will
$86,029;
(due
income
452,926
2,290,781
$285,415
'
year), $31,283; accrued
$17,169;: accrued, interest, $3,787; accrued taxes
$3,316,404
—1,141,658
.
LIABILITIES—Notes payaole, $75,000; accounts payable, $1,441,304;
long-term debt (due within one year), $280,755; purchase money obliga¬
'
5586
serve
taxes—
stock
over
taxes, $237,180;
$3,310 818
5,195
notes
inventories,
charges, $58,692; total, $8,623,990.
1946-^6 Mos;—1945
$189,475
Depreciation charges
Res.
V
""" >
the bank to lend this
Annual
,
$810,126
Co., Inc., (acquired in De¬
applicable thereto at
date of acquisition of said common stock, $403,523;
property plant and
equipment (after reserves for depreciation and depletion of $4,097,171);
$3,788,615; construction work in process, $153,035; contract claims (less
profits
excess
1945)
tions
Total
f"
surplus,
deducting
$467,388;
common
cember,
Manufacturing Co. (& Subs.) —Earnings
1946—3 Mcs.—1945
-
the
7;
$1,497,742;
reserve)
Period End. June 30-^:Net earns, from oper...
IBefore
I** '
Decking, Inc., $833,726; other investments, $34,993;
$1,814,887
p. 2065.
-
138,504
107,879
295,174
^ • \
*.
a
been
and James Stew*
<
to earned
tProfifc»>
ASSETS—Cash.
serve),
1943
$2,229,265
$4,1Q,;
v
$6.79
income
,|l'
""
^
>
had
of
/store to occupy enlarged quarters. This location is in the main busi-,.;;
ness district,
and we will begin'to prepare the premises for the store;/.;
as
soon
as
conditions permit;
The lease for the Coward store, in y;
Boston expires next year.A new lease has been signed for space in
v
a better location,
and providing larger quarters for the store.
Current assets as of May 31, 1946, were $11,643,994, including $4,367,619- in cash and free government ? securities.
Current liabilities,
after deducting, tax anticipation notes in the company's possession,
were
$5,096,485. The ratio is 2.28 to 1.
^ 1
i/T Earned surplus rose during the year from $3,229,001 to $3,974,774.
.
(Excluding Miller Marine Decking, Inc.)
$1,466,995
per com. share- ;
Nil
After
all
charges, including Federal
^taxes.—V, 162,
''
Feb. 13, 1946, from
entered into an
New
York
under
on
we
Co.
called upon
in
Aug, 1, 1945.
purchased all
on
Cleveland,
business.
At
•
subsidi¬
CONSOLIDATED BALANCE SHEET AS
>
"
1945
transferred
♦Loss. -
of
•
.(Including Domestic Subsidiaries)
.
Loss
■r—t
iff
-*
,
time
Trust
note from the
with interest
a
States
and who will in turn lease the property back to us
long pei>d of years.
- /y''
Arrangements were concluded last year to expand the Chicago store
by taking additional space in the building in which it now operates.
7
$63,449
608,17a
•
is
in
for
an
for
"I*" "
$671,622
-
to
under
been
impossible to
minority interests/
Worthington Pump & Machinery Corp.—Earnings—
„
C
H.
have not
its annual volume of
March
store
\
$502,412
of Jamea Stewart &'Co., Inc.
art Corp. ——
Rollins & Sons, Inc Z*
which will offer the unsubscribed shares.; x;
group
to
share
one
amendment. " E.
held
•
1
$118,704
I
Aug^ 27 registered with the SEC 119,337 common
(par $1).. The company, is initially offering the
stock to its
< co mm on
♦
is
14,727
——
company, on
paid off
that
street
for
t$392,!
"" 11
t
I
The
on
United
Newman-Benton
drawn
*
49,114
11,893
construction
the
was
to
.
$1,500,000
of
from the Mail Order building
acquired contains ■ approximately .52,000 sq.
it.
and at the %
time has an old; three-story ly.'ok building standing on it.
The purpose of this acquisition was to provide space for the erection
of a retail outlet store for the Mail Order business.
Plans are being
$84,467
84,859
Total
—$610,291
Portion of loss applicable to .minority* interests
; ; w
'"
•
1
29,252
Corp.
operations of
-
.
parcel
51,325
.
•
*.1177,550.
,
Grandville, Mich.—Reg-^
istcrs With.SEC—
/
the
aries, James Stewart & Co.,. Inc. and James
Stewart Corp, —383,708
tf
*
^
a
present
and
.
a
•
$85,816
8,257
V''
r
shares
6,914
exchange
in
underwritten by
.
/Commerce,
at
On
57,961
1,295
'—•
■'
.
note
prior
referred
1945,
Company
operations,
:
"
-
and
Steam
to
-
and
stockholders
was
,
income
/'- '
borrowed
This
1945,
had
store
our
2,231,088
'"
'V'
of
,.
111,126
».
•
stock.
common
As yet we
1,
Co.
districts
'
issue
Manufacturers
operating
was
purchase
The
1
:•
Oct.
which
She Mos,
'
••
years,
issued
the
land
the
Steam
29,852
^
had
consummated
On
1,335,139
from prod., refining & related opers.
Xoss> (from
next,
was
,'ij
,
five
building at 1512 Woodward Ave., Detroit, Mich,,
and arranged a loan from The Equitable Life Assurance Society of
the United States to cover the cost of the purchase of the land and
building and the anticipated cost of the improvements to the building,
were
_':• n1-
preferred
Society
Shortly
the
transaction
chased
acute
year
share
per
stockholders
common
7%
into
3:%%.
with
ending May 31,
tbis for the period for all companies consoli¬
dated except James Stewart it Co., Ino. and
Redemption'*-
for
the
$30
to us.
The
Steel
the
of
funds.
be due.
money
Inc.)
Other non-operating charges*....,-,
to
and1
t
called
The
our
:.T •
..
/ : ■■'
Interest and amortiz. of long-term debt expense
Bankers
be
machinery
new
of
{
Non-operating
Files
—
despite
of
and the principal amount borrowed is to be paid off in equal
instalments until Jan.
31,
1956,
whsn the last instalment
annual
with
Panhandle
-i-t>
refunding 5%
bonds dated Nov. 1, 1926,
interest... Payment will be made at the Canadian. Bank of v'
fLoss for period for all companies consolidated
in
Toronto
or
Windsor,
Ont., Canada, or in London, ''
Prov. for- losses *-to\ investments^ ihv
.«ngland.~-V. 162, p. 1213.subsidiary,
.
*,
■
.-.•'Miller Marine Decking^
:
Winters
Crampton Corp.,
.at
of
converted
we
annum,
CONSOLIDATED INCOME ACCOUNT
Balance
Windsor Gas Co*. Ltd.—-Partial
first
that
Undeveloped lease rentals and. abandonments
working
<*''
*
Louisville,
plants^ for
,
been
states
shortages.'
\
common.
Louisvjlle. .Price. $15 a
systems in twq
have
with
20,972,581
-—
James
There
compared
produced
the
by
the
1,
1944, we
Life Assurance
rate
would
compared with $325,979 in 1945„ Net profits for the period.,
$74,352 compared with $39,052 in 1945. The recently com¬
as
Depletion
$2
other
Refining
&
the corresponding
Undeveloped- lease expenses:
V
Intangible- development costs—,
Depreciation
the
filed a letter > of. notification with* the
($5
working capital.
■
Producing.
$1,427,358
Angeles-^Files
notification
•
of
account
the
Panhandle
Period Ended June >30, 1946—
; %i
Three Mos.
Gross income frqm production,, refining and related operations
i
shares
conveyor
by
latter
right to call upon the bank to lend us up to
$1,500,000 at any time prior to Jan. 11, 1947.
Pending such time as
we
shall have borrowed the money we are required to pay a com¬
mitment fee of y4 of 1% per annum.
The interest rate on the loan
itself when the money is borrowed is to be at the rate of 2%
per
of
(Exoluding
6,486,392
3186.
"f ^ '
on
20.000
oil
the
which
months
; -.
;'v'
underwriting.
The^ company
crude
for
by
up
The balance of the
June
agreement
were
288,762
15,685,529
> ;
' • • •
■
•'?• '
'v
rWillet (Consider H.)/ Inc.,
With SRCr^^;^
SEC
for
at
five
receive
been
On
Equitable
pleted plant; at Lubbock is unable to handle all of the business
offered,
$2,381,630
929,419
5,117,581
>
O
fcS?.
.14,356,086
;
*i
transported
will
it
Costs, oper. charges, gene* expenses & taxes
v; (other than Federal taxes
pn Income)-,..—
(Wm»
163, p.
six
months
letter further
.
of 1946
6,390,936
company on Aug. 20 filed a letter of
for 25.000 shares ..($1 par)
capital stock.
.capitaL--r\r.
first
$483,520
747,708
u
The
•
addition
taken
have
*
refineries
The
;
164, p. 870.
Whittaker
.With SEC—
;
oil
in
Coti-continue to show satisfactory results
shorage- in; raw materials.
Sales for the first half
16,032,930
1,343,340
crude
of
barrels in
six
359,567
.'.'s//>Vr;:"-S - vv/v/';.
10,806,637
1,803,452
railway——*
for
and
subscribed
company
stills
•
$4,376,886u
$2,135,160
614,636
From Jan. 1—
Gross
-
pipe
977,783 barrels a year earlier.
gallons of gasoline compared
22,180,058 in the corresponding period of 1945.
.
1944
of
through the
2,421,000
.
1946 v':V;
1945
$2,097,617
$2,059,790
absence
the
Products
railway.—-
oper.
to
Refinery .of
$6,797,886
' - >
$1,093,922 *$4,936,827
.
due
the
for
syndicate
headed by Merrill Lynch, Pierce, Fenner & Beane and sold by them
to the public on Sept. 5,1 1945, at $51 a share.
Their underwriting
was
successfully consummated.
Part of the funds received by the
company from the issuance of this new preferred stock was used to
redeem
in its
entirety the 7%
preferred stock outstanding at that
time.
Up to May 31, 1946, 17,177 shares of the 4Va% preferred stock
v.-;
retarded
for
per share for the second
feature ceases.
This
newly
convertible
were
Of this approximately
been
price
$35
and
years
the
were
of 1946 was 358,350 barrels compared with
period of last year.
During the
1946, the Wichita Falls Refinery and Lueders
Panhandle Producing & Refining,
ran
792,792 barrels
first
transferred
July—
Gross
month.
per
(
production
357,876
Wheeling & Lake Erie Ry.- -Earnings—*;
'Net
Panhandle.
conversion
a
five
their stock.
operations, the letter states that based on
1946, production shows an increase of approxi¬
heretofore
barrel
producers.
Dr964,931
for
to
earned
surplus.
$982,894
♦Deficit.—V. 164, p. 1128.
*
i
by
barrel differential
per
per
$7,762,817
81,124
x '
account,
ine,
$1,673,994,
13,000 barrels
the Throckmorton, Texas, field and the balance from wells
Louisiana.
The letter
pointed out that runs from the Throck¬
two
'
aggregated
444,606 o line connections, but the recently completed pipe line of approximately
25
miles
of 4-inch
gathering and transmission systems now pro¬
vides an adequate outlet.
This line gives the company the benefit of
$1,470,336 *$5,202,562
6,476
during month--—
Deducts, fr.* net incomes
Net
Inc.,
from
came
'> in
811,689
,534,772
$976,418
.(net)-.
income
••
Net
income
inc.
cur.
made
at
for the
after
preferred
stock was first offered for subscription to the common stockholders,
and in exchange to the 7%
preferred stockholders, at $51 per share
plus accrued dividends.
12,087 shares of the new preferred stock
$2,005,108 *$1,981,109 $11,309,992
inc.—
ordinary
Extra,
stock
which
the
petroleum
runs
for July,
mately 15,000 barrels
cents
Net
v
been
actual
$1,890,399 *$2,792,798 $10,865,386
inc.--i$l,501,076
.ordinary
.Deducts,
^
t
Co.,
plus
and
Regarding
$1,303,124
: 197,952
rev,-.:
inc.—-noncommun^
Gross
//
L
&
contract
weeks of
some
common
has
1946—Month—1945 /
1946—6 Mos.—1945
7
$15,514,037 $16,027,441 $86,684,394 $92,717,060
14,210,913
14,137,042
89,477,192
81,851,674 .<
„„
exps.—
operating
Ord...
•
revenues
rev.
i
,.
\
June 30—
Stewart
James
purchase
market price at the time of the exchange of $175,550.
It is estimated that approximately $200,000 will be
required by Stew¬
art for additional working capital of which
an
advance of $100,000
^
•V Period End.
original
a
Western Union Telegraph Co.—June Earnings—
; i
of
the
on
negotiation, Panhandle has acquired full title to
preferred stock 0! James Stewart & Co., Inc., by
issuing (on Aug. 6, 1946)
in exchange for the preferred stock of
Stewart 18,515 shares of. Panhandle Producing & Refining stock with
all
1,379,372
331,297
stock
due
•■
1255
v.
...
first
v
balance
the
prelerred
3,084,016
1,230,196
270,094
,
.
3,262,299
977,742
.!?
oper.
—V. 164, p.
1943
•
from
from
Net ry.
$472,883
29,684
*
FINANCIAL CHRONICLE
&
discharged.
1944
$467,727
a-aa«ljn'u.'-
...
panies and Panhandle until indebtcedneess to the surety companies is
V
1945
$468,378
,
from
Net ry, oper. income......
From Jan. 1—
<
1
« a
7-V
THE COMMERCIAL
.
Western Ry. of Alabama—Eanrings-
•
Gross
•
-
V
•
1256
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, September 2, 1946
•
■"
■
,
* ■'
■
■
-
■
■
..
•.
;
1
kfrt-
"fw "
*' •
i
7-1*
r
»■
.
i Jf4
'
•
'
1
i,
<
*
.
t
State and City Department
T
BOND PROPOSALS AND NEGOTIATIONS
CALIFORNIA
/•.
St.
Bond
;
that
Election—It
the
issuance
Memorial
is
.Auditorium
reported
of
Building-
-
bonds
$1,000,000
and
will
Petersburg, Fla.
Call
Burbank, Calif.1
Civic
be
sub¬
mitted to the voters at the
general
election in November.
Mayor
Angeles County (P. O.
Los Angeles), Calif.
Sue
Election—it
B.
is
stated
Rankin, Deputy
the Board of
by
Clerk of
,
Supervisors, that the
following bonds aggregating $32,€00,000, which were defeated at
the election
be
held
resubmitted
city has called for redemption
1, a total of $105,000 re^
funding bonds, numbered 12,101
will
the
voters
center bonds.
Angeles County Sch. Distsii
(P. O. Los Angeles), Calif. V,
Sale
The
—
following
Co.,
New
Florida
York
dicate
composedof
Bank
of
America National Trust > & Sav¬
ings Association, American Trust
Co., Messrs. Blyth & Co., all of
San
Francisco, First Boston Corp.,
Weeden & Co., of San
Francisco,
Security-First National Bank of
Los Angeles,; Los
Angeles, Harris
Trust & Savings Bank of
Chicago,
JR. H. Moulton & Co., of Los An¬
geles,
John Nuveen
&
Co., of
; Chicago, Wm. R. Staats Co., of
Los
Angeles, and E. H. Rollins
-Sons, of New York, as l%s:
&
$1,850,000 Santa Monica City High
School District
bonds, at a
price of 100.299, a basis of
1.7229%. Due Sept. 1, in 1947
to
1966.
1,500,000
V.1 School
price
: :
in
4
Monica
City
District
bonds, at a
100.2606, a basis of
of
1.7211%.
1947 to
Dated
.
Santa
about
Due
Sept.
Las
1966.
Septal,
Romitas
Denom.
Sch.
r
Ti
Offering —W. H. Augus¬
County Clerk, will receive
sealed bids until 11 a.m. on
Sept.
3 for the purchase of
$130,000 not
exceed
5% interest construc¬
bonds. Dated Aug.
1, 1946.
(Denom. $1,000. Due Aug.
1, as fol¬
lows: $8,000 from 1947 to 1951 in¬
clusive, and $9,000 from
inclusive.
Rate
1952
to
rates
or
of
Idaho
-
Albion State Normal
by D. T. Evans
V.
A
certified
payment
date.
J-J.
of
the
visors,
were
is required.
authorized
These
at
the
bonds
July
9
r
Cairo
Otero
peared in
164,
v.
Bond
of
State's Local Bonding Laws.—On
Aug. 14 the voters of Atlanta au¬
thorized
Warrants
Treasurer
Called
called
-y-
for
The
in
on
forth
come
that
the
as
with the
Georgia's
should
made more stringent at
State legislative session.
be
to
validate
an
issue
of
$700,000
refunding bonds for the purpose
retiring an equal amount of
outstanding 4%s of July 1, 1939,
of
which mature in 1959 and become
callable in 1948. The new bonds
are
to be dated
"interest
at
July 1, 1946, bear
2%%,
plus
an
addi¬
tional 1%% until 1948. If the
new
refundings " are not paid at ma¬
turity, they will then bear inter¬
est at 4 V2%, instead of the original
figure of 2%%.
for
of
said
bonds
called
so
for
redemption, together with a
premium of 214% of said princi¬
pal amount, will be made on date
called,
John
Indiana
-■
■
Bond Offering—Sealed bids will
be received until 8 p. m. on
Sept.
4, by Trustee Basil McCarty, for
the purchase of $16,000 building
the
3%, payable J-J.
De¬
$1,000. Dated Sept. 1, 1946.
on
incl.
No
-
of 1%, and must
be
for all of the bonds. Due
same
July 1 in 1948 to 1952,
bid
for
than
less
and accrued interest will be
sidered.
par
con¬
No conditional bids will
be accepted.
issued
Said bonds
under
being
provisions of
the
are
000 harbor
nancial
sued
such
instructions for the inves¬
tigating committee a .'blistering
denunciation
laws
of
tho
State's
Co.,
"Under
Consti¬
the
Constitution,
bond
present
three
can
Georgia securities
enjoyed; the very highest
rating, and if this condition is to
have
continue,
the
next
throw
Legislature
some
eliminate
safeguards
voting
condition
a
The
where
bond issue."
can pass a
a
Mayor said that he would
against returning to the old
system which made it almost im¬
possible
for
a
municipality to
bonds, but he suggested that
a
majority of the regis¬
last
before
be
required to vote
bond
a
.
issue
—
be
'
•" ■
The
Illinois '!■
following
on
street
$100,000
Sept. 17:
water' system;
sewage system and
and $15,000 electric
Dated Oct. 1, 1946.
These bonds
are
right-of-way;
$65,000
disposal plant,
system bonds.
Denom. $1,000.
due from Oct.
awarded
tion
are
was
approved
part of
cost about
sale
the
to
a
at
an
These
Bond
York,
were
Trust
These
&
bonds
due Dec. 1, in
Legality approved
by Chapman & Cutler, of Chicago.
1948
are
1965.
to
Authorized
—
the
to
of
Merchants
National
Rapids, as iy4s, at a
price of 100.30, a basis of about
1.22%. Dated Aug. 1, 1946 and
due
lage Council providing for
of
sue
an
is¬
$30,000 electric light plant
bonds.
revenue
on
Rollins
Nov.
1
from
Second
&
1951
to
high
Sons.
:
1966
bid
of
by E. H.
<
Colo Consolidated Sch. Dist., Iowa
Bonds Purchased—An issue of
$6,500
construction
purchased
Bank
ordi¬
has been passed by the Vil¬
nance
Bank
Cedar
&
on
bonds
y was
Aug. 2, by the State
Trust
'/-y
An
Co., of Colo.
y':y'
(P. O. Garner),
elec¬
bonds
of
"
'
$100,000
will
hospital
county
submitted
be
scheduled
ported.
.
for
at
Sept.
an
10,
bonds
election
it is
re¬
■.
..
bonds
sewer
were
,
,v
y
an
164.
•v.
,tlRed Oak), Iowa
000
Aug.
Details
-—
The
Rochelle
Alex. Brown & Sons, were
1976.
in the bidding for
•
1948
v. 164, p. 1129 — were
2s, at par, and mature
annually on May 1 from
to
Bond
—
1957
inclusive.
on
defeated
1
v~
'7
'v
:
•
Bond
Offering
Interest
I
,jhal'*4y4% ; refunding
bonds Nos.
1936,
rtp
called
for
par,
are
.$6, $ated
Oct. 1,
maturip^p.ct;
ceive sealed
-
•
'
•-
■■
::
,
bids
until
,
est.
The
all other unmatured coupons
bonds, with Oct. 1, 1946
attached, will be redeemed at the
Offering — Stifel, NichoCo., of Chicago, are offer¬
ing
the
2%
building
bonds
amounting
to
$100,000.
Dated
National City Bank of New York.
Bond
laus &
r
1, 1946.
Interest payable
J-D. Legality approved by Charles
will
2
p.m.
M.
re¬
on
of interest,, expressed in a mul¬
tiple of y4 of 1%.
Principal and
interest payable at the Merchants
National Bank of Boston, or at the
Hyannis Trust Co., Hyannis. Legal
opinion of Storey, Thorndike, Pal¬
mer
& Dodge, of Boston will be
the
successful
bidder, r
Berkley, Mass.
Note Sale
—
An issue of
$10,000
tax
anticipation
notes
was
awarded Aug. 23 to the Merchants
Bank
of
discount.
Taunton,
at
Dated
Aug. 19,
1946,and due De(p..20,,194§, Qth^r
bids:
Bridgewater
Trust
Co.,
Bridgewater,
0.58%;
Merchants
National Bank of Boston, 0.74%.
Bond Offering—Sealed bids will
be
received
Sept.
until
7:30
Norton, Mass.
sale
p.m.
on
10, by V. D. Town, Town
Clerk, for the purchase of $30,600
refunding bonds. Interest rate is
not to exceed 4%, payable semi¬
—
The
extension
$37,600 water
loan
offered
for
awarded to the
First National Bank, of Attleboro,
as iy4s, at a price of 100.51. These
bonds are due on Sept. 15, 1947 to
recently,
was
1960. The next
Whiting,
at
qrjd accrued inter¬
and
High
(P. O.
Trauernicht, of St. Louis.
r
Sept. 5 for the purchase of $50,000
coupon bridge bonds. Dated Sept.
15, 1946. Denom. $1,000. Due $5,000 on Sept. 15 from 1947 to 1956
inclusive. Bidder to name one rate
947 to 1961,
iy4s,
payment on Oct.
No.
April
:
Clarence
—
Chase, Town Treasurer,
Bond Sale
Township
81
.
Barnstable, Mass.,
at
Aug. 5.
Call—Ma^'ofottT.' H. Lew-
ing reports
1, 1946, at
Dist.
\
/
MASSACHUSETTS 1
»
bonds,
LOUISIANA
$50,-
as
$5,000
Aug. 23
awarded
Banking & Trust
Co.
of Montgomery
County, of
Rockville, according to Chairman
Irwin I.
Main.
Dated
Sept. 1,)
1946. 7 Due on Sept. 1 in 1947 to
main
funding bonds purchased on
14 by the National Bank of
sold
.
Sept. 19, to resubmit the proposal
the voters of issuing $225,000
Rochelle, III.
Sale
on
872—were
p..
to
the election held
Bond
y
v
the Farmers
to
0.49%
election has been scheduled for
construction
of 3.15%.
(P. O.
Bond Election—It is stated that
sys¬
pur¬
chased recently by Lansford &
Co., of Chicago, at a net interest
cost
y
$132,000 cou¬
refunding of 1946, Series H
pon
bonds offered for sale
.
Red Oak Sch. Dist.
2V2% water and
revenue
v
Sale—The
Bond Election—The issuance of
Paris, III.
,'v Bonds Purchased-r-Tfye,. $94,000
2 arid
Dated
Springs},,
Bond
'
■:
&
1.239%.
Maryland-National Capital and
Planning Commission (P. O. v 1;
National
"
about
May 15, 1946 and due $20,000 on
May 15 in 1959 and 1960. Second
high bid of 100.11 for iy4s was
made by Alex. Brown & Sons. •»-
furnished
Iowa
Teutopolis), III.
$15,-
as
basis
a
Sale—The
Hancock County
Heyworth, III.
Bonds
Clark
.
$100,000 .Lib¬
erty Memorial bonds offered Aug.
26—v. 164, p. 1129—were awarded
M-N.
project which will
$37,000.
recently,
Harris
1,
system ,V construction
held' recently.
t'7y;
Savings Bank, of Chicago, as 2s,
a
price of 101.169, a basis of
about 1.872%. Dated Sept. 1, 1946.
Maysville, Ga.
water
,
p.
C.
.
at
Sch.
bonds
Cedair Rapids, Jo wa
'
<
JT,
.
,
,
The $40,000 street
—
the runners-up
the bonds.
•
IOWA
100.20 for iy4s was made
for
Teutopolis
Bonds Voted—An issue of
taxable
*
$500, payable to the' School
Township..
;
:§
inclusive.
1946 to 1976.
000
the
of
Sale—The $285,000 series
C, school improvement bonds of¬
the voters at
election to be held
Quail &
Bond
tem
Cairo, Ga.
•
Election
—
,
could
-
'
Bond
all
on
property within the School Town¬
ship.
Enclose a certified check
of
7
'
be
voters
collected
levied* and
be
fered
people
two of them vote for bonds.
"In the past
should
Contract
•
new
city to the hilt, provided
a
.
County Sch. Dist. No. 25
(P. O. Arlington Heights),
.
the
•
Cook
Supreme
of
'
-
$200,000 road and $150,000 county
hospital completion, v " ' *
/
.
construction
<
Davenport,
have ; con¬
tracted to purchase, subject to re¬
sult of a coming
election, an issue
of $350,000
bonds, consisting of
has been passed I want to say
Court
•'
; -
on
to
for
Bond Sale
"Now that the Atlanta bond is¬
the Mayor declared.
*
ceases
Clay County (P. O. Louisville), III.
Supreme Court.
frankly that the Georgia
Interest
coupons.
date called..
bond
interpreted by the State
as
presentation and surrender of
on
statement which included
a
among
,
Aug. 26
872—were awarded to |
& Co.,
of New t
IVis, at a price of 100.127,
164,
v.
John
the -purpose
of
providing
funds,pay the cost of remodel-,
ing apd jmproving school build¬
taxes
by
Register,"
improvement bonds.
Bond Sale
for y
valorem
City
and sewer bonds offered
ship, payable out of unlimited, ad
Co., New York.> Coupons
maturing Oct. 1, 1946, will be paid
Vyv. T/:
stated
Cumberland, Md.
.
Sectior^6£-3JL3 Burns Statutes 1933
Trust
investigate the city's fi¬
problems, the Mayor; is¬
Ghinger,
-
is
vember, the following bonds ag¬
gregating $21,500,000, will be submitted to the voters: $10,000,000
water supply;
$5,000,000 paving,
bridges, etc.; $3,000,000 airport;
$2,000,000 sewerage, and $1,500,-
to exceed
Interest rate to be stated in mul¬
mittee to
in
sign¬
J.
of 1946 bonds. Interest rate is not
$2,000
Election—It
that at the general election in No¬
•
tiples of Vi
$1,Town, must
the
Baltimore, Md./'.Jy..-..
■
Bond
White River Twp. Sch, Ttvp* (P.O.
R. R. 2, Box 256, Greenwood),
nom.
to
the bid.
MARYLAND
■0jy
price of 100.155.
^
1947
In
$100,000
The
issued
A certified check for
payable
accompany
Co., and Cities Security Corp.,
ings. J Said Jxmds are the direct
obligations'of said School Town¬
FLORIDA
—
&
ing a City Council resolution call¬
ing for a special six-member com¬
an
Validation
•
500,
Indianapolis,'jointly, for iy4S, at
on surrender of said bonds
negotiable form accompanied
by April 1,-1947, and subsequent
coupons at the Chemical Bank &
the
will be submitted to
Bond
O.
Call—Ray Williams, Chair¬
amount
be
1946.
Seeks
(P.
tioned.
15, 1946.
These bonds are due
$11,500 July 1, 1947, $12,000 Jan.
and $11,500 July 1, 1948 to 1960,
and $8,000 Jan. 1, 1961.
The next
highest bidder was Halsey, Stuart
a
constructing
the Cairo,
Illinois-Wickliffe, Ky.,
Bridge.
'
Payment
of
the
principal
regulations
and
214% bonds aggregating $280,000,
city has asked the Circuit Court
,
of the Cairo Bridge Commis¬
to
are
declaration
bond
too3 lenient
are
Aug. 6, all county warrants regis¬
tered to and including
July 29,
Lakeland, Fla.
*
,
any
interest
payment
date
prior to maturity, are called for
payment on. Oct. 1. These bonds
the issuance
bonds
County
payment
"
payable
on
of $20,400,city's share
of a joint improvement plan with
Fulton v* County
approving - $20,000,000
for
the r purpose.
Now
Mayor William B. Hartsfield has
000
passed. *
(P. O. La Junta), Colo.
Interest
sion, reports that the 2%% out¬
standing toll bridge revenue re¬
funding
bonds,
amounting
to
$125,000, dated) March 1,1941,
maturing April 1, 1956, callable
' 1129.
p.
■v,Atlanta, Ga.
Mayor
Deplores
Laxity
tered
County Schoot District tfo.
11
of
Co., of Indianapolis, as iy4s, at
price of 100.25, a basis of about
1.216%* Interest J-J.
Dated June
a
-
man
The details of the bond issue
ap¬
at
COLORADO
pur¬
Co.
Bridge Commission
Cairo), III.
<
Atlanta, as iy2s, at a price of
100.02,; a basis of about 1.49%.
vote
election.
&
ILLINOIS
Price Paid—It is stated by the
City Attorney that the bonds ag¬
gregating $150,000,
awarded
on
Aug. 15 to J. H. Hilsman & Co.
check for
$1,000, payable to order
County Board of Super¬
were
Albion, as 3s at par. Due on July
1, 1956;. callable on any interest
-
simple majority of those actually
opinion.
bonds
nished the purchaser without cost
and all bids shall be so condi¬
&
School dor¬
revenue
bidder.
legal
of)
chased
<■
—
/ <
stated
mitory
around the issuance of bonds and
nish
is
Jack¬
interest, expressed in a multiple
of y4 of
1%, to be named by the
Succesful bidder to fur¬
(State
annually. Denom. $1,000, one for
$600. Dated Oct. 1, 1946. Due in
Wayne Township School Township
1947 to 1961.
Payable at the Na¬
(P. O. lindianapolis), Ind. JJJ,
tional City Bank, New York. ; A
Bond Sale
The $325,000 con¬
struction bonds offered for sale certified transcript and the ap- '
on Aug. 21—v.
164, p. 872—were proving opinion of Chapman &
awarded to Raffensperger, Hughes Cutler of Chicago, will be fur¬
Americus, Ga.
Bond
1961
the
alls
,»,
light
by G.
C. Sullivan, State Superintendent
of Public Instruction, that
$25,000
liberality,"
tus,
tion
of
1
-
Bonds Sold—It
tution on bond issues has
swung
from the extreme in conservatism
to
the ridiculous in
Dist.
(P. O.
San Mateo
County, Calif.
to
Bank
is¬
;.j€f/ ;
^
GEORGIA
sue
1946.
Redwood City),
y
at
or
$200,000 municipal
plant bonds.
appurtenant
interest will cease
with
•
coupons, and
on date called.
1,
$1,000. Interest payable M-S.
'
City,
National
sonville,
bonds
amounting to $3,350,000 and offered for sale on
;Augj 27 were awarded to a syn¬
,
:
their
at
of
Los
'
redeemed
and accrued interest to
at
$19,000,000 county court house and
office building;
$6,000,000 refuse
incinerators;
$5,000,000
county
jail,', and $2,000,000 juvenile hall
school
be
of
City
an
and water
12,205, dated April 1, 1979. Said
bonds
the general election in November:
Bond
sue|
Oct.
to
INDIANA
The
—
Council recently authorized
Aug. 6, will
on
to
Bonds Authorized
by
Oct. 1, 1946, upon presentation at
the Chase National Bank & Trust
,
Bond
-
the
on
Thomasville, Ga.
v
stated
'
George S. Patterson that
par value
Los
It, is
r—
a
highest bidder was
Weeks & Stubbs, for
price of 100.051.
Somerville,
Bonds
000
loan
Act
Sold—An
of
bonds
Mass.
issue of $235,-
1945, municipal relief
sold recently to
were
Tyler & Co., of Boston as Is, at a
price of 100.44, a basis of about
0.842%. Interest payable J-J. The
next highest bidder was the Mid¬
dlesex
County
National Bank,
Everett, for Is, - at a price of
100.356.
•
[Volume 164
Number 4S21
,
Sold—The $40,000 sewer
construction notes offered for sale
recently, were sold on Aug. 15, as
3As, at a price of par. These bonds
are
due $8,000 Aug. 15, 1947 to
:
'
1
*
-
ract
Southbridge, Mass.
Bonds
;1951.
■
Dow
THE COMMERCIAL & FINANCIAL CHRONICLE
y
between
teeing the
The
City and
the
Chemical
Company guaran¬
purchase of and pay¬
ment for certain amounts of water
by the company is to be entered
into. Additional bonds may be is¬
sued
on
a
parity with this issue
under certain conditions recited in
the
lowest
interest
cost
to
the
City after; deducting the premium
offered, if any.
In determining
the net interest cost,: interest on
premium
as
will
considered
be
not
deductible and
interest
on
the
which
be
may
the
upon
conditional
made
above
named, whose
to legality must be ac¬
^
!
i
a certified check for
$4,000, pay¬
able to the District Treasurer.
their
will
be* computed
from
St. Louis Park, Minn.
10, 1946, to the respective
-Certificate Sale
The $4,750
maturity dates. No bids will be certificates of indebtedness of¬
considered
for
bonds
providing fered for sale
recently — v. 164,
bonds
Sept.
Bond
Sale—The $20,000 coupon
obligation bonds offered
general
for sale
on
rr-were
awarded
Aug. 22—v. 164,
to
the
p.
First
873
of
Michigan Corp. of Detroit, accord¬
ing to the City Clerk. Dated Sept.
1*1946. Due in 1948 to 1954, in¬
clusive.
Ordinance.
conditioned
be
upon
,
-
,
Midland, Mich.
Bond Offering—Sealed bids will
be received until 10 a.m. (EST),
Sept. 10, by Anna E. Coons,
City Clerk,' for the purchase of
$6,000,000 coupon water revenue
on
bonds.
Interest rate is not to
ex¬
ceed
3%, payable M-S. Denom¬
$1,000.
Dated
Sept.
1,
Registerable as to princi¬
pal only. Due Sept. 1, as follows:
$162,000 in 1949, $165,000 in 1950,
$169,000 in 1951 $172,000 in 1952,
$175,000 in 1953, $179,000 in 1954,
$183,000 in 1955, $186,000 in 1956,
$190,000 in 1957, $194,000 in 1958,
$197,000 in 1959, $201,000 in 1960,
$205,000 in 1961, $210,000 in 1962,
$214,000 in 1963, $218,000 in 1964,
$222,000 in 1965, $227,000 in 1966,
$231,000 in 1967, $236,000 in 1968,
$241,000 in 1969, $245,000 in 1970,
$250,000 in 1971, $255,000 in 1972,
$260,000 in 1973, $266,000 in 1974,
$271,000 in 1975, and $276,000 in
1976.
Callable for redemption at
the option of the City, with the
bonds within any maturity to be
selected by lot, at the principal
amount thereof plus accrued in¬
ination
1946.
terest
to
the
date
fixed
for
re¬
/,
,
.
„
_
Asks New Construction Bids
connection
In
the
with
Sept.
—
10
offering of $4,800,000 water rev¬
enue bonds, Carl J. Faist, Director
of
Finance,
eleven
reports
that
of the
construction bids received
Aug. 13 last three of them, con¬
stituting about 22% of the total
construction cost, were
deemed
excessive. Consequently, the spec¬
ifications have been revised and
new
bids will be considered on
on
Bond
be
Offering
received
—
SelieS^'bids
until
Itr
.a.m.
(EST), on Sept. 10, W^CM^.
Faist, City Controller^fbt {Ji^'piirchase of $4,800,000 coujJ&rt. water
Interest"tSto is
demption plus premiums as fol¬
(unless any such premiums not to exceed 3%, payable1 M-S.
shall be greater than the interest Denomination $1,000. Dated Sept.
to accrue on any bond between 1, 1946. Registerable es to princi¬
the redemption date and stated pal only. Due Sept. 1, as follows:
maturity of the bond in which $130,000 in 1949, $132,000 in 1950,
event the premium for such bond $134,000 in 1951, $138,000 in 1952,
Shall be the amount of interest so $140,000 in 1953, $143,000 in 1954,
revenue
lows:
conditions
recited
in
Ordinance. * Bids 'Shall
Bond
the
be
bonds.
upon
the unqualified
printing
bonds
will
Delivery
made
in
of
the
be
paid by the City.
the' bonds shall be
of
City in the United
States to be specified by the pur¬
chaser,
any
but
at
his
expense.
A
details of the issue, an
engineer's
each bond called
for redemption on or prior to Sept.
date
or on any interest date there¬
after at par and accrued interest.
Bidder to
name
the rate of inter¬
est. Each bidder shall also state in
bid
his
whether
he
wants
bonds validated by the
the
Chancery
The district will not fur¬
Court.
nish an approving, opinion as to
of the agreement
the legality of the bonds. A cer¬
between the City and the City of
tified check for $800, payable to
Midland for the operation of the
order of the county, is required.
contemplated source of supply,
report, a
and
copy
other
available
related
upon
material
is
application to the
City Controller. Enclose a
certified check for $72,000, pay¬
above
able to the
City Treasurer.
Carroll County (P. O.
Miss.
Carrollton),
rate likewise
bids;
that
the
y
......
Detroit Lakes Schr. Dist. (P.O.
Detroit Lakes), Minn.
purchase of $32,000 fund¬
bonds.. Dated Sept.# 1, 1946.
Due $8,000 on Sept. 1 from 1947
ing
1950 inclusive.
to
—
.
Harrison
"
>•
Miss.
Offering
—
receive
a.m.
(C$T)
sealed
1
'
'
J.
C.
interest
bear
bid
No
at
at
the
same
than
less
rate.
and ac¬
crued interest will be considered,
par
the
and
right is reserved to re¬
all bids. Principal and
payable at the Guaranty
Trust Co., New York. These bonds
ject any
or
interest
coupon bonds, registerable as
principal, or as to principal and
and
are ^.exchangeable
for fully registered bonds in any
denomination of not less than $10,are
to
interest,
may be requested.
Fullyregistered bonds may again be
exchanged for coupon bonds in
the denomination
of. $1,000
on
000, as
$2.00 per thousand.
faith, credit and re¬
the City are pledged
to the punctual payment of the
principal and
interest of these
bonds, which are payable from
the proceeds of an unlimited ad
of
payment
full
The
of
sources
valorem
State
authorized
tax
by
the
to be levied,
upon all the taxable property in1
the City. These bonds are part of
an
authorized issue of $9,897,000.
Delivery of the bonds will be
made at the City Comptroller's of-,
fice on or about Oct. 25,1946. Pur¬
Constitution,
chasers will be furnished with the
legal opinion of Charles & Trau¬
of
ernicht,
these
approving
Louis,
St.
bonds
valid and binding
as
obligations of the City. Bids to be
on
forms furnished by the City
Comptroller,
Enclose a certified
check for $50,000, payable to the
City.
.
MONTANA
(P. O. Round'
up), Mont. '
Musselshell County
is
Invited—It
Tenders
Bond
Webb, Clerk of
the Board of County Commission¬
stated by Delia E.
Board will ■ receive
that the
ers,
until
tenders
sealed
10
on.
a.m.
Sept. 4, of county refunding bonds
March 1, 1937, at prices less
than par, in the amount of ap¬
proximately $20,000.
Darby,
bids
until
12
Sept.
on
even
however,
desig¬
multiple of
so
Vs of 1%, and that all bonds shall
NEBRASKA
Clerk of the Board of Supervisors,
will
an
rate
of
County (P. O. Gulf port),
Note
provided,
interest
nated shall be
Bond
Offering—M. M. Bennett,
Chancery
Clerk,
will
receive
sealed bids until 10 a.m. on Sept.
price they will pay
bearing interest at a
to be designated in
bonds
2 for the
MINNESOTA
in 1955, $149,000 in 1956,
Bond Election
It is reported
in 1957, $155,000 in 1958,
in 1959, $161,000 in 1960, that the issuance of $200,000 con¬
in 1961, $168,000 in 1962, struction bonds will be submitted
in 1963, $174,000 in 1964, to the voters at an election to be
in 1965, $181,000 in 1966, held on Sept. 10.
in 1967, $189,000 in 1968,
Meadowbrook
in 1969, $196,000 in 1970, Hennepin County,
Independent Sch. Dist. No. 89)
in 1971, $204,000 in 1972,
(P. O. 4118 Glenwood Ave.,
in 1973, $213,000 in 1974,
Minneapolis), Minn.^lit*vz
in 1975, and $221,000 in
Bond Offering — Lura
Belle
on or prior to Sept.
1, 1961, $15; 1976. Callable for redemption at
the option of the City, with the Johnson,
Clerk
of the
School
as to each bond called after Sept.
1, 1961, and on or prior to Sept. 1, bonds within any maturity to be Board, will receive sealed bids
1964, $12.50; as to each bond called selected by lot, at the principal until noon on Sept. 5 for the pur¬
after Sept. 1, 1964, and on or prior amount thereof plus accrued^ in¬ chase of $208,000 not to exceed
to Sept. 1„ 1967, $10; as to each terest to the date fixed for re¬ 2% interest coupon school build¬
bond called after Sept. 1, 1967, demption plus premiums as fol¬ ing bonds. Dated Sept. 1, 1946.
and on or prior to Sept. 1, 1970, lows (unless any such premiums Denomination $1,000. Due Sept. 1,
$7.50; as to each bond called after shall be greater than the interest as follows: $6,000 in 1949 to 1953,
Sept. 1, 1970, and on or prior to to accrue on any bond between $8,000 in 1954, $10,000 in. 1955 to
Sept. 1, 1973, $5, and as to each the redemption date and stated 1962, and $15,000 in 1963 to 1968.
bond called after Sept. 1, 1973, maturity of the bond in which Bonds maturing on Sept. 1, 1963
and prior to Sept. 1, 1976, $2.50. event the premium for such bond and thereafter to be subject to
Rate or rates of interest to be in shall be the amount of interest pre-payment at par and accrued
multiples of V\ of 1%. Principal so to accrue): As to each bond interest on Sept.; 1, 1962, and on
and interest payable at a bank or called for redemption on or prior any subsequent interest payment
banks to be designated by the suc¬ to Sept. 1, * 1951 $25; as to each date. Rate or rates of interest to
cessful bidder.
No bids will be bond after Sept. 1, 1951, and on be designated by the purchaser in
considered for bonds providing for or prior to Sept. 1, 1953, $22.50; as a triultiple of titi br One-tenth of
more
than one series of interest to each bond called after Sept. 1, 1%. Principal and interest paya¬
coupons, and no proposal for less 1953, and on or prior to Sept. 1, ble at any suitable bank or other
than all of the bonds will be con¬ 1955, $20; as to each bond called institution designated by the pur¬
sidered. No proposal for less than after Sept. 1, 1955, and on or prior chaser in his bid. The approving
to Sept. 1, 1958, $17.50; as to each opinion
of
Dorsey,
Colman,
par and accrued interest will be
accepted. Said bonds are to be is¬ bond called after Sept. 1, 1958, Barker, Scott & Barber, of Min¬
sued under Act 94, Public Acts of and on or prior to Sept. 1, 1961, neapolis, as well as printed bonds
Michigan, 1933, as amended for $15; as to each bond called after will be furnished without cost to
the purpose of extending and im¬ Sept. 1, 1961' bto'bn or prior to the purchaser. In the opinion of
proving the Water System of the Sept. 1, 1964;;'$12.50| as to each counsel these bonds are valid and
general
obligations of
City, most of which improvement bond called{afteit^Sept. 1, 1964, binding
is to consist of the construction and on orf.frri&ir % Sept. 1, 1967, said District, in accordance with
the terms thereof, payable as to
jointly with the City of Saginaw, $10; as to eafch1 bond called after
<of a new source of water supply. Sept. 1, 1967: nfrd on or prior to both principal and interest from
Said bonds are not a general ob¬ Sept. 1, 1970, $7.50; as to each ad valorem taxes which may be
ligation of the City, but are pay¬ bond called &fter Sept. 1, 1970, levied upon all of the taxable
able solely from the net revenues and on or prior to Sept. 1, 1973, property
within the territorial
of the water system of the City, $5; and as to each bond called limits of said District, within the
and are a first lien on all such after Sept. 1, 1973, and prior to limits prescribed by law.'No bids
revenues, subject only to payment Sept. 1, 1976, $2.50. Rate or rates for less than par and accrued in¬
be
considered.
Bids
of $80,000 outstanding Water Rev¬ of interest to be in multiples of terest will
enue
bonds for the payment of tii of 1%. Principal and interest will be compared on the basis of
principal of which and interest in payable at a bank or banks to be total interest cost from date of
full to maturity, funds will be designated by the successful bid¬ issue to date of maturity less pre¬
escrowed by the City prior to the der. The bonds will be awarded mium offered. All bids must be
delivery of these bonds. A con- to the bidder whose bid produces unconditional except as to legality
$146,000
$152,000
1, 1951, $25; as to each bond called $158,000
after Sept. 1, 1951, and on or prior $164,000
to Sept. 1, 1953, $22.50; as to each $171,000
bond called after Sept. 1, 1953, $178,000
and on or prior to Sept. 1, 1955, $185,000
$20; as to each bond called after $193,000
Sept. 1, 1955, and on or prior to $200,000
Sept. 1, 1958, $17.50; as to each $208,000
bond called after Sept. 1,1958, and $217,000
to accrue): As to
on
Sept. 3 for -the purchase of
$40,000 school bonds. Dated Oct.
1, 1946. Denom. $1,000. Due Oct. 1,
as
follows: $3,000 from 1947 to
opinion of Chapman & Cutler,- of
1959 inclusive, and $1,000 in 1960.
Chicago, approving the legality of
All of the bonds outstanding on
the bonds. The cost of such opin¬
Sept. 1, 1956, are callable on that
ion and of the
conditioned
ihriui/.fftftoi printed prospectus containing full
Sept. 9.
will
certain
requested to designate in
are
their bids the
for
Bids shall
the unqual¬
ified opinion of Chapman & Cut¬ for more than one seriies of inter¬
p. 1000—were awarded to the Se¬
ler, of Chicago, approving the le¬ est coupons, and no proposal for curity National
Bank, of Hopkins,
gality of the bonds. The cost of less than all of the bonds will be as 1V2S, at a price of 100.736, a
No proposal for less
such opinion and of the printing considered.
basis of about 1.30%. Interest pay¬
of bonds, will be paid by the City. than par and accrued interest will able
M-S. Dated Sept. 1,
1946.
Delivery of the bonds shall be be accepted. Said bonds are to be These certificates are due on
Sept.
made in any City in the United issued under Act 94, Public Acts
1, from 1948 to 1953.
States to be specified by the pur¬ of Michigan, 1933, as amended, for
chaser, but at his expense.
A the purpose of paying part of the
MISSISSIPPI
printed prospectus containing full cost of extending and improving
Adams County (P. O. Natchez),--'
details of the issue, an engineer's the Water System of the
City,
Miss.
report, a copy of the agreement which improvement is to consist
Bonds Voted—An issue of $750,between the City and the City of of the construction
jointly with
Saginaw for the; operation for the the City of Midland of a new 000 highway bonds was approved
contemplated source of supply, source of water supply. The bonds at an election held on Aug. 13.
and
other, related
material
is are not a general obligation of
Agricola Special Consolidated
available upon application to the the City, but are payable from
Sch. Dist. (P. O. Agricola),
above City Clerk.
Enclose a cer¬ the net revenues of the Water
iGeorge County, Miss. .<■•£ v
tified check for $90,000, payable System of the City, and are a
first lien on all such revenues. : ; Bond Offering—M. L. Malone,
to the City Treasurer.
i
Clerk of the Board of Supervisors,
Additional bonds may be issued
will receive sealed bids until noon
Saginaw, Mich. ,- y
on a parity with this issue under
the 'Bond
MICHIGAN
Corunna, Mich*
••-
ders
opinion as
cepted by the purchaser. Enclose
—
•
1257
,
11
for
the
purchase of $4,800 not to exceed
6%-i interest school transportation
equipment notes.
Dated Aug. 1,
Nebraska (State
■
of)
V
Portfolio Bond Offering—Henry
H.
of
the
Educational Lands
and
Secretary
Bartling,
of
Board
Funds, will offer for sale at open,
$800.
Due
public and competitive* bidding
1, 1947 to 1952. • Prin¬ on Sept. 4, at 11 a.m., a block ol
cipal and interest payable at the
$376,000
2%
and 2ti>%
South
Chancery
Clerk's > office.
The Sioux City refunding bonds.
County
will
have
the
notes
Sidney, Neb.
printed and the successful bidder
shall pay the purchase price upon v; Bonds Purchased—An issue of
delivery of the notes properly $26,000 municipal airporpt purchase
executed. The opinion of bond at¬ bonds was purchased recently, by.
torneys, if desired, will be had at Kirkpatrick-Pettis Co., of Omaha.
Denomination
1946.
$800 Aug.
the
of' the purchaser of
expense
notes.
the
Enclose
check for $96.
>
certified
a
-
\
t
County, Hatley Consolidated School District (P. O.
Monroe
■p
Aberdeen), Miss.
Bond Sale—The $15,000 school
bonds offered for sale on Aug. 5
738—were awarded to
the Monroe Banking & Trust Co.,
164,
—v.
p.
4VsS, at a price
of
par.
Interest payable J-J.
Dated July 1, 1946. These bonds
are due $750 on July 1, in 1947 to
1966, incl,
;»
?■
"
of
Aberdeen, as
School
Consolidated
Verona
Dis-
'
trict, Miss.
Legality Approved —An
Bond
issue
of
bonds
has
$21,000
legality by
of
been
2 til %
school
approved as to
Charles & Trauernicht,
Louis.
St.
dated June 4,
"
These
bonds
.
are
f
St. Louis, ,Mo.
Offering—Louis
Nolte,
^
NEW HAMPSHIRE
Whitefield
Village
Fire
District,
N.
Parsons &
Price Paid—Graham,
Co.,
of New
100.277
of
sold
bonds
noted in
v.
York,
for
the
as
l7/8s,
paid a price
$36,000 water
as
previously
164, p. 1001.
NEW
JERSEY
Collingswood, N. J.
Bond Offering—R. S.. Wigfield,
Borough Clerk, will receive sealed,
until 8 p.m. on Sept. 5, for
purchase of $155,000 general
improvement coupon or registered
bonds, to bear not exceeding 6%
interest.
Dated
Sept.
1,
1946.
bids
the
Denom.
due
on
000
1946.
MISSOURI
Bond
These bonds were authorized at a
recent election.
in
1950
$1,000.
These bonds are
Sept. 1, as follows: $101947 to 1949, $15,000 in
and
1951,
$10,000
in
1952,
$15,000 in 1953 and 1954, $10,000
in 1955, and $15,000 in 1956 to
1958.
Rate of interest to be in
receive multiples of tit or l/10th of 1%,
sealed bids until 10 a.m. (CDT) on and must be the same for all of
Sept. 17 for the purchase of $5,- the bonds. Principal and interest
000,000
coupon
airport
bonds. payable at the Citizens National
The suc¬
Dated Oct. 1, 1946. Denomination Bank of Collingswood.
$1,000. Due March 1, as follows: cessful bidder will be furnished;
$1,500,000 in 1954, $2,500,000 in with the opinion of Hawkins,
1955, and $1,000,00 in 1956. Bid¬ Delafield & Wood, of New York*
City
Comptroller,
will
,
FINANCIAL;CHRONICLE
THE COMMERCIAL &
1258
Monday, September 2, 1946
I
•'
that the bonds
•
valid
are
and
le¬
gally binding obligations of,; the
borough. Enclose a certified check
for $3,100, payable to the borough.
<t.
-
IVfes, re¬
ports the County Treasurer. Dated
July 1 1946. Interest payable J-J.
State
the
Treasurer,
Second best bid
Boetcher
Long Branch, N. /.
Bond Sale—Of the $320,030 cou'
Co., for $440,000 as
13/4S, and the remaining $255,000
awarded to J. B. Hanauer
was
Co., of Newark, as 2.10s,
&
at a
price of 1C0.345, a basis of about
2.05%. Dated Aug. 1, 1946. Due
T on Aug. 1 in 1947 to 1961, incl.
Interest payable F-A. Second best
bid was a joint offer by Boland,
:Saffin & Co., and associates, of
:Vp 100.277 for $320,000 bonds
as 2.30s.
Hackensack, N, J.
Bond Offering—Sealed bids will
«
1V2S.
as
regsitered jetty extension
<'V'. bonds offered for sale on Aug. 27
—v. 164, p. 1001—a total of $319,000
offer by
an
was
&
,
La
Cruces, AT;
Mex<\':?04%
Bonds Called—Bernice K. Jack¬
son,
Clerk, has announced
$70,000 : municipal gas
City
that
the
bonds
revenue
ment
called for pay¬
are
Oct. 1, at the
on
of 100.04, a basis of about
1.24%. Dated June 15, 1946. > De¬
nomination $500. These bonds are
due on June 15, in 1947 to 1956.
Interest payable J-D...'
>
•
price
.
North
Hempstead Union Free
Sch. Dist. No. 6 (P. O:
Manhasset), JV. Y.' 7 " : '
Bond Offering—Helen C; Folz,
^
or
pon
V
as
City Treas¬
1, 1935.
date called.
!
District Clerk, will receive sealed
bids at Room
1510, 1 Wall Street,
until 3:30 p.m.! (DST)
10 for the purchase of
New York,
Sept.
on
$124,000 not to exceed 4% interest
coupon or registered school bonds.
Dated Oct. 1, 1946. Denomination
NEW YORK
$1,000.
Due Oct. 1, as follows:
$9,000 in 1947; $10,000 in 1948 and
Amsterdam, N. Y.
1949; $5,000 from 1950 to 1956, in¬
Bond Offering—Frank Howlan,
clusive, and $6,000 from 1957 to
City Treasurer, will receive sealed 1966, inclusive.
Bidder to name
bids until 3 p.m. (DST) on Sept.
one rate of interest, expressed in a
12 for the purchase of $250,000 not
multiple of Ya or one-tenth of 1%.
to exceed 5% interest coupon or
Principal and interest (A-O) pay¬
registered incinerator plant bonds able at the Port Washington Na¬
Interest
Oct.
Dated
urer's office.
ceases on
,
v
V:) be received until 8 p.m. (DST),
on
Sept. 16, by Ethel M. Hoyt,
n
City Clerk, for the purchase of
$242,000 coupon or registered general refunding bonds. Interest rate Of
1946.
Dated
July 15, 1946. tional Bank & Trust Co., Man¬
is not to exceed 6%, payable J-D. Denom. $1,000. Interest J-J. Due
hasset. A certified check for 2%
hDenom.
$1,000.
Dated Sept. 1, July 15, as follows: $15,000 in of the bonds bid for, payable to
>*
-
Due
1946/
on
Dec.
1
follows:
as
$12,000 in 1950 to 1952, $20,000 in
1953, $45,000 in 1954 and 1955, and
$96,000 in 1956. Principal and in¬
terest payable at the Peoples Trust
of Bergen
Co.,
'
Each
sack.
proposal
must name the
Hacken-
County,
submitted
rate of interest to
by the bonds bid for and
a multi¬
be borne
the rate named must be
ple of l/20th of 1% and must be
the same for all of the bonds bid
The purchase price
for.
specified
the
in
proposal must not be less
than $242,000 nor more than $243,000.
In selecting the proposal to
be accepted, the City Council will
not consider proposals which name
a rate of interest higher than the
;lowest rate named in any legally
1
acceptable proposal for the bonds
to be sold; and if two
or more
such proposals name the lowest
rate, the proposal offering to ac¬
cept the least amount r of bonds
to
1956, and $20,000 in 1957
1961!
Rate of interest to be
in
multiples
1947 to
payable at the First Na¬
tional Bank, Amsterdam. Legality
to be approved by Vandewater,
Sykes & Heckler, of New York.
Enclose
000, payable to the city.
Castile, Silver Lake Water Dist,
No., 1 (P. O. Castile), N. Y.
Offering—Sealed bids will
be received until 5 p.m. (DST),
Bond
Sept: 5, by the Town -Clerk,
the purchase of $5,000 regis¬
tered extension bonds.
Interest
rate is not to exceed 5%, payable
M-S.
Denom. $500.
Dated Sept.
on
for
or more
%
proposals name the lowinterest
of
and
offer
to
accept the same least amount, in
which event that one of such last
mentioned proposals which offers
:
to
the highest price will be
pay
$ accepted:
The successful bidder
will be furnished with the
opinion
|v' of Reed, Hoyt &• Washburn, of
;!■
that the bonds are
valid and legally binding obligaYork,
New
!J; tions of the City.
Enclose a cer-
of
same
in
be
to
tenth
of
and must be
1%,
cipal and interest payable at the
Castile, Castile. General
obligations of the Town and shall
Bank of
be
valorem taxes upon
in said Town.
be
ad
unlimited
from
payable
real property
Every bidder may
required to accept a i portion
of the whole amount of bonds for;
which
has
he
the
at
bid,
rate for such portion as was
same
sped-,
awarded to
\
Bond
-
Offering
—
Francis
W.
Donsbach, District Clerk, Will
ceive
bids
re¬
8
p.m.
f (DST) On Sept. 11 for the
pur-
sealed
'Chase
of
until
$550,000 not to
exceed
4% interest coupon or registered
school bonds. Dated Oct. 1, 1946.
Denom. $1,000.
2%
of the amount
of bonds bid
to
)
York, the Harris Trust & Savings
Bank
must
Chicago, R. W, Pressprich & Co., and Hannahs, Ballin
& Lee, both of New York, as 1,70s,
at a price of 100.269, a basis of
about 1.675%. Dated Sept. 1,1946.
Utica, N. Y.
Bond Offering—Thomas J. Nel¬
until
bids
sealed
ceive
law.
No
have
been
the Local
ant to
to
Second best bid was an offer by
Fox, Reusch & Co., of 100.55 for
iy4s.
adopted
same
laws
to
pursuant
Finance Law
or
Fairport
Chapter 780 of the Laws of
be
received until 8 p.m. on Sept.
17, by Pearl L. Caldwell, Village
Clerk, for the purchase of $9,000':
NORTH CAROLINA
Statesville, N. C.
city is sched¬
3%
Issue Bonds—The
uled
to
issue
of
$500,000
1946.
system
water
bonds.
Due1
Sept. 1:: $13,000
1951, incl., and
from 1952 to 1956,
1947 to
f from
$16 000
incl'.
117,000 series
:
-
bonds.
.
V;
public impvt.
C
-
Due
Sept. 1: • $24,000
1948, and $23,000
1^1, inch "
Mex.
Bond Sale—The
$695,000 school
•bonds offered for sale oil Aug. 23
—v.
164,
p.
874—were awarded to
7„
A
check
certified
$90,
payable to tee
required with bid.
for:
Village,
is
Fallsburg Township School District
(P.; O. St, Louisville), Ohio
!
Bonis
s
Defeated—An
$3,500 > School
down at
an
of:
election held recently.:
Kent State
NORTH DAKOTA
issue
bonds-: was? 1: Voted v
University
r
Kent), Ohio
Ashley, N. Dak.
—
The State
-
Bonds Purchased
has
Fund
Tornado
purchased
an
issue of $45,000 sewer system con¬
struction bonds as 1 %s. Due seri¬
the
Bond Offering—It is stated by H.
]
Central
Trust
Co., Ak-!
principal
amount, all outstanding first and'
second series, dormitory construe-,
tion sinking fund revenue noteg.
Velva, N. Dak.
,
First
101%
at
ron,
inclusive!;
ally from 1948 to 1962
Note Call—Paul E. Beck, Comp- !
University, is call¬
ing for payment on Sept. 15, at.'
troller of the
of
the
G. Wiseman, City Auditor, that he
will receive bids until Sept. 3, for
Said notes should be presented at
tee above trUst cbmpanyj'::oii'>6r^
the purchase of $30,000
after Sept. 15,
ann.
2% semi-
date.
Due
$2,000 in 1947 to 1956, and
$1,000 in 1957 to 1966, all incl.
These bonds were approved by
the voters
Ward
and after that
on
Interest
'date*
oil
ceases
called.
*
,
*
-
Lebanon Exempted Village
Sch. Dist., Ohio
—
June 25.
on
1946^-with all cou-!
maturing
pons
city hall construction bonds.
Bond Sale-^The $250,000 build-:
ing bonds offered for sale on Aug.'
County (P. O. Minot),
N. Dak.
Purchasers—It is stated that the
27—v.
164, p. 875—were awarded
highway bonds
$179,000
Williams
Kalman
Dain
&
Interest : payable
M-Nv< Dated
Aug. 1,1946. Denomination $1,000.
These bonds are due Nov. 1, in
Co., all of Minneapolis,
Co. of St. Paul, J. M.
Co. of Minneapolis, and
&
the First National Bank of Minot.
1947
Dated Sept.
Dec.
bidder
100.312
100.67.
1
in
best
for
1947
bid
1, 1946.
to
1960,
an
was
incl..
1970. " The
to
highest
Bosworth v&'
Second Co., Inc^fbrl^s,at a' price "of-
Due
on
•
offer of
l!40s, submitted by E:;
was
:
.
Pres-;
:
next
Biteun,
.
'
^
.
Lima, Ohio
'
,
j
,
check
for
Offering
"M.
Eleanor
Village Clerk,. will re¬
Watkins,
sealed
ceive
—
until
bids
3
certified
$8,020, payable to or¬
of - the; City
required.
Y.
A
office.
Treasurer's
der
Lake Success, N.
Bond
(DST)
Sept.
on
^ Comptroller^ is
■
MayReld Heights, Ohio
Bonds: Purchased — An issue' of;
r
Tenders^^Wanted —fkeimethG.:
$10,000 school building bonds, au¬
thorized at the June 4 election, Teachout, Village Clerk, will re¬
has
been
ceive
purchased by the State
No. I LP. O. Land Department, as 3s. Dated
Vestal), N. Y.
July 1, 1946 and due serially from
p.m.
1948 to 1965 inclusive;
check
2%
for
of
the
opinion of Hawkins, Delafield &
Wood, of New York City will be
Manlius, N. Y. j
Bond Sale—The
$11,000 fire ap¬
paratus bonds offered for sale on
Aug.
20—v.
awarded
and
to
164,
C.
Sherwood
New York,
F.
&
p.
$57,000
storm
or
coupon
sewer,
000
-
payable
M-S.Denom.
$1,000.
Dated Sept. 1, 1946.
Due Sept. 1,
as follows:
$5,000 in 1947 to 1955,
and $6,000 in 1956 and 1957.
Rate
of interest to be in multiples of Y\
or
one-tenth of 1%, and must be
the
same
for
all
of
the
bonds.
874 —were Principal and interest payable at
Childs
Co.,
&
both
Co.,
of
jointly, as 1.30s, at a
the
Nassau
Mineola.
:
Trust Co.,
at the office
County
Delivery
of the successful
bidder, or at the
is
The fol¬
Cardington Sch6bl District, Ohio
Electibhlr—! 'Ail
construction "'bonds
be considered
November
By the'ArOters
/
Sale —The
will
at the
?
I;
$775,000
•
:
un¬
limited tax bonds offered for sale
on
Aug. 21 and fully described in
164, p. 739—were awarded to
—v.
a
syndicate
Northern
Drexel
and
the
composed
Trust
Co.,
the
Co.,. of Chicago,
of Philadelphia,
Mercantile
Bank & Trust
of
-
Commerce
Co., St. Louis, at
will
a
Holland), Ohio
,
Offering
be
received
—
r
•>
Sealed
until
-noon
bids
on
Sept. 4, by G. E. Swope, Clerk of:
the Board of' Education, for the
purchase of $190,000 2% construc¬
tion " and
improvement
bonds.
>
of
general1 election. ^
Cincinnati, Ohio
Bond
issue
j
Bond
lowing bonds, aggregating $20,800, have been authorized by the
City Council: $18,000 street im¬
provement
and
$2,800
power
grader purchase^!^!
7 ,
Bond
available toward tee pur-,
of such! bonds,
'jr
/
:v:
Y.v.
■
\
—
noon
Springfield Local Sch. Dist. (P. O.,
Bellevue, Ohio
Authorized
until
..
OH80
Bonds
tenders
on
chase
registered $190,000
Issue of 1946 bonds.
4%,
Interest rate is not to exceed
sealed
Sept. 18 of Gallagher Act re-,
funding bonds of 1936. About $15,-
Vestal Water District
10
bonds bid for, payable to order of
the village,
is required.
Legal
NEW MEXICO
N.
I,'
in:
All of the bonds will be dated cot & Co., Juran & Moody, end
Cuddlebackville
fire
Bond Election--The issuance of!
Christensen,
Sept. 1, 1946. Denom. $1,000. Bid¬ peters,^^ Writer :
District (P. O. Cuddlebackville),
$750,000 airport bonds will be
der to name a single rate of inter¬ jointly.
N.Y.
submitted to the voters at an elec-.
: Bond
Sale—An issue of $3,500 est, expressed in a multiple of Y* Waterloo School District No. 47 tion scheduled for Oct! 1,^accord-:
construction bonds, due serially in or l/10th of 1%. Principal and in¬
(P. O. Longdon), Cavalier.
ing to report.
.t»
seven
years,
was - awarded
On terest (M-S) payable at the City
County, N. Dak.
furnished the successful bidder.
Eddy Coanty, Carlsbad Municipal
Sch. Dist. (P. O. Carlsbad),
1
Deerpark,
certified
.
Sept.
on
1955, incl.
These bonds'
approved by the voters on'
May.
75,000 street improvement.
30,000 fire department.
*
;
$1,000
.
■■
construction bonds.
bonds.-
sold on to a syndicate composed of the
bonds, as follows: J
Aug. 20 as 1.30s, at a price of Lebanon-Citizens National Bank,"
of Lebanon, Waynesville National
$139,000 Series A public impvt. 100.037, a basis of about 1.295%—
:
bonds: Due Sept. 1:
$7,000 v. 164, p. 1131—were awarded to Bank, of Waynesville, First-Mason*
from 1947 to 1965, inch, and; a group composed of the North¬ Bank, and J. A. White & Co., of;
western
National
Bank, Piper, Cincinnati, as Is, at a price of
$6,000 in 1966.
145,000 -series B public impvt. Jaffray & Hopwood, the Allison- 101.047, a basis of about 1.407%.'
•
ough is planning to make an of¬
fering of $25,000 water system
apparatus
to
were
Thomasville, N, C.
fire
$1,000. ; Dated " Sept.
Due
1947
bonds.
*
Netcong, N. J.
annual
Denom.
to market with an
come
,
Proposed Bond Issue—The bor¬
Bond Offering—Sealed bids will
i
on
Bond Sale —The $40,000 con¬
for the pur¬
chase of $21,500 not to exceed 4% struction bonds offered for sale
proposal.
Each proposal
must interest coupon or registered sew¬ on Aug. 23, were awarded to the
y state the
amount bid for the er bonds of 1946.. Dated Sept. 1, Marine Trust Co., of Buffalo, as
bonds, which shall be not less 1946.
^Denomination $1,000. Due IV2S, at a price of 100.187, a basis
;>■: than
$550,000
nor
more
than Sept. 1, as follows: $2,500 in 1947; of about 1.48%.. Interest payable
$551,000.
A certified check for $2,000 from 1948 to 1955 inclu¬ F-A.
$11,000, payable to order of the sive, and $3,000 in 1956. Bidder to
Willistcn Park, N. Yi.
i
Board of Education, is required. name
one
rate of
interest, ex¬
Bond Offering—Sealed bids will
Legal opinion of Hawkins, Dela- pressed in a multiple of Ya or onebe received until 3 p.m.
(DST),
field & Longfellow, of New York
tenth of 1%.
Principal and in¬
City, will be furbished the suc- terest (M-S) payable at the Great on Sept. 4, by Robert Kent, Vil¬
cessful bidder.
-[S'.-i
lage Clerk, for the purchase of
Neck Trust Co., Great Neck.
A
•
(P, O. Fairport Harbor)
'.■ ■ Ohio
,;
^ '
pursu¬
1944.
noon
Sept. 12 for the pur¬
chase of $401,000 not to exceed
4% interest coupon or registered
(DST)
from 1949 to
interest
payable at the First: National
Bank, Madison. No proposal will
be considered which specifies a
rate higher than the lowest rate
ty stated in any legally acceptable
Comptroller, will re¬
City
son,
;T;
be the same for all of
the bonds.: Principal and
of
visor.*
-
and
syndicate composed
in 1947 and
Due
$20,000 in 1947
1961, and $25,000 in 1962 to
1971. Rate of interest to be in
Aug. 23 to the National Bank 8t
multiples of Ya or l/10th of 1%,
Trust Co., of Port Jervis.
Interest A-Q.
Oct. 1, as follows:
'
a
for,, payable to the Town Super¬
j
the
applicable; local
pursuant
sals:
of the Bankers Trust Co. of New
fied in his bid for the full amount.
Castile,. Castile, on or about Oct.
1.
Enclose a certified: check for
authorized
$1,200,000 cou¬
pon
or
registered semi-annual
building bonds offered for sale on
Aug. 27—v. 164, p. 1001—were
successful bidder at the Bank of
Madison School District, N. J.
,.r
will ,be
City,
purchaser without cost.
issued for the above purpose were
(P. O. New Hyde Park), N. Y.
the
Prin¬
for all of the bonds.
the
Bond Sale—The
multiple of tme-
a
furnished to i—were awarded to the Coshocton*
The National Bank of Coshocton, as
Village operates under the Village 1V4S, at a price of 100.57, a basis
Dated Sept. I*
Law,
All the bonds of this issue of about 1.15%.
1946.
Due on Sept. 1 in 1947 to
are
to be sold pursuant to the
Local Finance Law.
Interest payable M-S.v
The bonds 1956, incl.
York
North Hempstead and Hempstead $145,000 water system.
100,000 park &nd playground.
Union Free Sch. Dist. No, S
tified check for $4,840, payable to
The bonds will be delivered to the
the City.
\
I
y
:
bidder.
successful
the
Rate of inter¬
interest.
ins,
required.
Legal opinion of : Bond - Election—At the Sept. 30
Hawkins, Delafield & Wood, of election the' voters will consider
New York City will be furnished the
following bond issue propo¬
Due on Sept. 1, in 1947 Due on March 1 in 1948 to 1975.
to 1956
inclusive.
Any of said Second
highest bid was an offer
bonds may be callable prior to
by C. J. Devine & Co., and asso¬
maturity on the date of any pay¬
ciates, of 100.136 for 1.70% bonds*
ment
The
is
1, 194(5.
y
rate
certified check for $5,-
a
\ Bond
Sale — The
$30,876.57
approving opinion of Hawk¬ istreet improvement bonds offered
for sale on Aug. 26,—v. 164, p. 874
Delafield & Wood, of New
general obligations of the Village.
brder of; the Board pf Education,
terest;
;{
est
l/10th of
or
1%, and must be the same for all
of the bonds.
Principal and in¬
(such bonds being the first maturest
ing) will be accepted, unless two
y
Y\
of
option of the successful bidder at price of 128.764. These bonds were
the office of Hawkins,. Delafield & 'offered for sale by the Board of
■;:
Wood, of New York City, on or Sinking. Fund Trustees, v
'■
«'
' :"V':
■•? ; :Y"f'
about Sept. 16, 1946.
The bonds j
will be valid and legally binding (' f'YVi, IY: Coshocton, Ohio
Denoms.
$1,000.
Dated Oct. I,
payable A-O. Due
follows: $9,000 in 1947
to 1952, and $8,000 in 1953 to 1869.
Principal and interest payable at
the Sylvania Savings Bank Co.,
Sylvania.
Issued under author-!
ity of the Uniform Bond Act and
a resolution passed by the Board
of Education on July 3, 1946. Pro¬
ceedings looking to this issue have,
been taken under the supervision,
1946.
Oct.
Interest
1,
as
of
Squire, Sanders & Dempsey, t>f
Cleveland, whose approving bpinion
will
pense
be furnished
at
the
ex¬
of the Board of Education.
;
Volume 164
1259;
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4S21
—
:
^
,
1963 inclusive. Principal and in¬ the favorable opinion of Towna certified check for $2,t-000, payable to the Board of EduK terest (M-S) payable at the Bank send, Elliott & Munson,. of Phila¬
of Newport.:^
cation.
'
•' ■' ' •>'
are un¬ delphia, and will be delivered to
V '
r..-".
<■'
?<• { v limited ad valorem "tax
obligations the purchaser only if .and after
r
ohlamoma
;;/i • df the district and are further-se¬ the proceedings [authorizing the
Unclose
i
cured by all of
|
Anadarko, Okla. '■
At the
™ ;
,
'/[' 9 election the voters will Consider
V the following 'bond issue
pro'Posals: $335,000 water, light-anjd
issuance
the net income Of
thereof
have
been
ap¬
proved; by the Department of [In¬
ternal Affairs. Enclose a certified
v check for 2% of the face amount
water
system. • A-:,v certified
check for $350, payable toorder
Sept; its
Bond Election
.
I
district, is required.
of the
,
df the
bonds, payable to the Dis¬
-County School District Nb. trict Treasurer.
„.;
Jpdwer plant; $300,000 sewer sysj49 {P. Oi Medford), Ore.
i
V item ■extension, and $100,000 mujPurchaser — The United Statds
Paxtaug (P. O. Hartishurg), Pa.
National Bank of Portland pur¬
Bond Sale
The $12,000 im¬
y ►nicipal hospital.
•
•.
• „
chased * the $50,000 school bonds provement bonds offered Aug. 23
;^V
' Alius, Okla.
;
sold on Aug. 13 as 114s, at a price —v. 164, p. 1132 — were awarded
/.■"
iJond Sale—The following bonds
of 100.228, a basis df about 1.203%
to the Harrisburg Trust Co., of
i
amounting to $321,000 arid Offered
—v.
164, p. 1003.
Harrisburg, as lM>s, at a price of
-Jackson
„.,
j
.
.
.
charge The opinion of Burgwin $c! With the executed bonds, without
Churchill, Tif PittSbUigh, That the cbstTo the purchaser. •Delivery of
bonds are 'Valid ^general obliga¬ The bonds will- be made at the
tions of the School District, pay¬
Hamilton
able from ad valorem taxes levied,
ville. Enclose
School
the
close
said
School
the
Bond
En¬
$4,000,!
certified dheck for
a
payable to the District.
'
v
for sale
.
r
i
100.89, a basis of about 1.125%.
National
Lane County Sch. Dist. No. 52
Dated Sept. 1,1946 and due $3,000
the Altus
(P. O. Eugene), Ore.
S
on Sept. 1 from 1947 to 1950 incl.
Warrant Sale—It is stated by
of Altus,
Second high bid of 100.325 for lV2s
jointly: * " *'
v'-[ [[*['•}: Edythe Wolfe, District Clerk, that
was made by Faust, Steele & Co.
$163,000 sewer system extension $5,000 warrants were sold recent¬
:
"'bonds at a net interest Cost of ly to 'the First National Bank of
JPlains Township School District
1;80%. ' Due
from
1949 to Eugene, as 1Y4S, at P price Of
(P. O. Plains), Pa.
100.15, a basis of about 'X .21%.
:V1965.
Bond [Offering—-Michael
LonDue in from 1948 to 1951, incl.p
121,000 water works'- extension
coski, Secretary of Board of Di¬
bonds at a net interest cost of
rectors, will receive sealed bids
PENNSYLVANIA
V 1.80%.
Due from 1949
to
until 7 p.m. (EST) on Sept. 10 ;for
1964.
Danville, Pa.?
)
the purchase of $70,000 not To ex¬
37,000
warehouse
construction
Bond Offering-^Sealed bids will ceed 3 y*% interest coupon, regis¬
and equipment bonds at a net •be received until 5
p.m. (DST), on terable as to principal, playground
v
Interest cost; of 1.55%,
Due Sept. 13, by W. G. Reese, Borough bonds. Dated Sept. 15, 1946. De¬
from ,1949 to 1958.
Secretary,
for the 'purchase of nomination $1,000. Due $5,000 on
awarded
—were
'
Aug. 26—v. 164, p. 1003
on
to
the
Bank: of Commerce, and
National
Bank, both
M
•r
•
!
*
*
f
"
■•t'
Bonds Voted—An issue of $50,-
V 000 sewage system bonds carried
at the election held on Aug. 13. ;
>
t
f
(•'-'■** V^'s
t*
'
"I
coupon general obligation;
Interest rate is not to ex-;
?-V $126,000
Duncan, Okla.
1
-i'v
,v
bonds.
payable M-N.
De¬
nomination $1,000. Dated May 1,!
ceed
1%%,
Due
1946.
Nov.
on
1
as
follows:
District, Okla.
$5,000 in 1947 to 1970, and $6,000
:y.
Bond Sale—The $12,000 trans- in 1971. Registerable as to prin-[
; ( fpo^tation ^equipment
'bonds Of- cipal only. Rate of interest to be
:*y. iered for sale on Aug. 22—v. 164, in a multiple of % or one-tenth of
p.
1131—were awarded to Ed- 1%, and no bid naming more than
wards. Inc., of Oklahoma City, at
one interest rate will be accepted.
« «et interest cost of 1.61%.
These
Principal
and
interest'1 payable
bonds are due $2,000 in 1949 to
without deduction for-any taxes,;
"1954 inclusive;- ThO next highest
except gift, succession or interiti
bidder
was
the
First National ance
taxes, levied under any pres¬
Bank, Mangum, at a net interest ent or future law of the'-Common-'
Man gum
'
School
-
♦
'
•
■
A.
Call
Berkley
2%%
Chairman
—
announces
Water
Revenue
turing May 1,
$750,000 remain
,
.
Municipal
Authority, Pa.
Bond
■
'
1
•
West View Borough
—
bonds
r.
the
Town
Sale—The $300,000
water
works revenue, Series A bonds of¬
fered for sale on Aug. 23—v. 164,
p.
1003—were awarded jointly to
Nuveen & Co., of Chicago,
John
'
!
Joseph
that
all
to
Erwin,Tenn.
taxing power
District.
Knox-
Treasurer.
the
Within
IS
limits of the lawful
of
That
Bank,
certified check for
a
payable
$5,000,
Within the
and
thereof
amount
1
'
District
-
j
*
all takable property
on
National
and the Nashville Securities
t
ma¬
1982, of which
outstanding, are
Corp.,
of Nashville, at a net interest cost
of
about
the 'bonds
$53,000
as
2%s, due on Sept. 1 in 1949 to
1953; $125,000 as 2Y4S, due on
divided
2.41%,
on
follows:
as
called
for
payment on Oct.
1, Sept 1 in 1954 to 1963; the re¬
1946, at par and accrued interest; maining $122,000 as 2V2s, due On
plus a premium of 5%, on presen¬ Sept. 1 in 1964 to 1971. 'Interest
tation and surrender thereof with payable M-S. Next best offer was
all
unpaid coupons attached, at a joint bid by the Cumberland
the
Chase National Bank, New Securities Corp., and Jack M. Bass
York City.
/;:/[>[U;:/
^
&
Co., which figured to a net in¬
terest
Wilkes-Barre
Sch.
Dist.
(P.
Jackson, Tenn.'
Wilkes-Barre), Pa.
Bond
Sale
Details—It
of about 2.43%.
cost
O,
is
stated
Sale—The following gen¬
obligation bonds aggregating
School Directors that the $125,000
$600,000, offered for sale at pub¬
improvement bonds sold to the lic auction on Aug. 23^—v. 164, p.
First National Bank of Dallas, as 739—were awarded to a
syndicate
iy4s — v.
164,
p.; 1132 — were composed of the Harris Trust &
Sept. 15 from 1947 to 1960 inclu¬ awarded at a
price of 100.624, and Savings Bank, the Northern Trust
sive.
A certified check for 2%
mature on Sept.
16; $12,000 in Co., both of Chicago, J. C. Brad¬
of The bonds, payable to -order of
1947 to 1956, and $5,000 in 1957,: ford &
Co., and the American Na¬
the District Treasurer, is required
giving a basis of about 1.135%. tional Bank, both of Nashville, as
Legal opinion of Townsend, Bl- Interest
payable M-S.
•
IV2S, at a price of 100.341, a basis
liott & Munson, of Philadelphia
by the Secretary of the Board of
Bond
eral
.
.
will
be
furnished
of about 1.45%:
successful
the
SOUTH CAROLINA
$400,000
bidder/ /
Spartanburg County (P. O.
/
Spartanburg), S. C.
'Pennsylvania
Bond Sale—The $150,000 series
Bond Offering-—Sealed bids will H, road improvement bonds of¬
be received until 7 p.m. on Sept. fered for sale on Aug. 27—v. 164,
876—were
awarded to
the
10,'by Walter Komoroski, Town¬ p.
r
Scdtt
.
Due
Township (P. *0. C-arnejgie)*
-
water extension bonds.
Sept. 1 in 1950 to 1960,
on
inclusive.
,
extension
Sept. 1 in 1950
to 1961, inclusive.
Dated
Sept.
1, 1946.
Interest
200,000
sewerage
bonds
Due
on
National
Bank,
of payable M-S.
Secretary, for the purchase Commercial
;
price
$75,000 coupon general obliga¬ Spartanburg, as -l%s, at
Sevierville, Tenn.
of 101.43, a basis of-about 1.321%.
Denomination $1,000.
[
,
wealth. The bonds will be :sold at tion bonds.
Bond Offerings-Hansel Proffftt,
r
not less than par and accrued in¬ Dated Sept. 1, 1946. Due on Sept. Interest payable M-S. Dated Sept.
Midwest City, Okla. >
Recorder,
will
receive
1 as follows: $10,000 in 1947 to I,
1946.
Denomination
$1,000. Town
Bond Election — An
issue of terest to the highest responsible
These bonds are due $15,000 Sept. sealed bids until 10 a.m. (EST)
$37,000 sewage facilities and dis- bidder, and will be delivered to 1951, and $5,000 'in 1952 to 1956.
on
Rate of (interest to be in a mul¬ 1, 1950 to 1959.
Sept. 9 for The purchase of
posar plant bonds, not exceeding the purchaser ^subject to the ap¬
$238,000 noFTo exceed 2% inter¬
'€%: interest will be submitted to proval of the proceedings author-, tiple of Vs of 1 % t and must be-the
SOUTH DAKOTA
est
electric system revenue ^re¬
same for all of the bonds.
Regis¬
The voters at an election to be izing the issue by "the' Depart
funding and improvement bonds.
terable as to principal only. The
Milbank, S. Dak.
'
held on Sept. 5. These bonds are ment of Internal ; Affairs of the
Dated Sept. 1, 1946.
Denom. $1,Commonwealth and to the favor-' principal and interest are payable
due in 25 years. «*
Bond Offering—A. A. Bloom> • 000.
Interest M-S.
Due Sept. 1,
without deduction for any taxes
able opinion of Saul, Ewing, Rem
quist, "City Auditor, Will receive as follows:
$18,000 in 1948 To 1950,
PNewkirk, Okla.
(except gift, succession or In¬ sealed bids until 8 p:m. on Sept.
ick jfe Saul, of Philadelphia. ,
$19,000 in 1951, $10,000 in 1952 to
Bond Offering
heritance taxes)
Lucille M.
levied pursuant 3 for the
purchase of $12,000 cou¬
Jefferson Township (P. O, JLargety,
1959, $27,000 in 1960, $28,000 in
to any present or future law of
Walker, City Clerk, will receive
pon airport bonds.
Dated -Sept.'
;
Pxt.
}
| the 'Commonwealth;
1961,, and $30,000 in 1962. Bonds
The bbnds
sealed bids until 8 p.m. on Sept.
16, 1946.
Due Sept. 16, as fol¬ maturing on or after Sept. 1, 1953
3 for the purchase og $85,000 elec¬ CjvBond Sale—The $325,000 cou-. will -be sold "to [the highest re¬
lows $1,000 in 1947 to 1954, and
shall be callable for redemption
tric light extension-and improve¬ pon township : bonds offered for, sponsible 'Ji$dder [isUDjbfet! 'to tap$2,000 in 1955 and 1956. The bonds at the
option of the Town in in¬
ment bonds.: Due as follows: $7,- sale on Aug. 26—v. 164, p. 1132— proval of the authorizing proceed¬
will be sold at riot less than par
verse numerical order
on March
000 from 1949 to 1960 inclusive, were awarded to; Singer, Deane & ings by the Department of Inter¬
with -accrued interest to the high¬
1, 1947, or On any interest pay¬
and $1,000 in 4961: These bonds Scribner, of Pittsburgh, as 214$, nal Affairs. No bid 'for less than
est bidder.
Said •bonds were au¬
ment date thereafter at par [plus
at a price of. 160.30, a basis oL
were
authorized at the Aug. 13
"PUT and accrued interest or for
ship
of
cost of 1.63%;
'
"
'
•
'
"
y
"...
v
'
"
-election
and
will
be
awarded to
the lowest rate
agreeing. to pay
the bidderbffering
of 'interest
par
fied
and
about 2.22%.
Sept. 1, 1948 to
incl., Interest payable M-S.
and accrued interest. A certi¬
check for 2% of the bid !is
/ /
V
^
ilk[ .K
1972,
;
j
-
the
report that the Morris¬
the successful bid¬
held
on
.
ville Bank was.
Voted—It t is stated by der for the $45,Q00 .coupon semi¬
of-:
Robert W. Wilson, City Clerk, that annual,. improvement bonds
fered on Aug. 20—v. 164, p. 1132—
at the election held on Aug. 20,
it is,now stated by H. H. Lee, Ji?.,(
i the, voters, approved the issuance
t. of the
following bonds aggregat- Borough Engineer, that all bids;
received
were
rejected. - Dated
ing $461,000; $200,000
hospital;
Sept. .1, 1946.: Due from Sept. 1,;
;
k
election
an
—
Bonds Not Sold—In connectidn,
With
at
a premium for each bond.so called
less than all of the bonds will be1
Nov. 20, 1945.
'
'
v
i •" as follows: On or after March 1,
accepted[ .The purchaser will re¬
1947; and prior To March 1, 1951,
ceive: without charge The opinion
Rapid City, S. Dak.
of Burgwin & Churchill, "of Pitts¬
Bonds Voted
At the 'election; $30.00; on or after March 1, 1951,
burgh, that the bonds ate valid, held;[on Aug, 20 the voters ap¬ and prior to March 1, 1956, $20.00;
on
or
after March 1, 1956, and
general obligations of "the Town¬ proved the issuance >of the $125,ship, payable from ad . valorem 000 municipal equipment bonds,! prior to maturity, $10^00. Bidders
are
requested to name a "rate 'or
taxes; levied- oh all taxable prop¬ according To ^report.
rates of interest in multiples -of
erty within the Township and that
Redfield, S. Dak.
i J/4*- of 1 %.
Not more than three
the amount thereof is within The
-
Morrisville, Pa.
.
required. [
thorized
Dated Sept. 1, 1946.
Due: from
Bonds
<
limits of the lawful taxing power
fied
of
rates
of the said
Bond Sale—The $125,000
hos¬
Enclose a pital bonds offered for sale on
Certified check for $1,500, payable Aug,; 9—v.
164, p. 739 —were,
awarded
to
the
Spink County
to The Township.
—
$95,000, disposal " plant; $87,000
Bank,-of Redfield, as follows: for1
1947 $0 1961, incl.. Interest -payr
water extension; $42,000 sanitary
West MifHin School DistrUt (P. O. $54,000 maturing $6,000 Jan. 1,;
able M-S.I
; •
1948 to 1956, as l%s, and $71,000
sewer,* and $37;000 ; storm [sewer
>
••.-'•y' ;■
J;, '/•] v;/ jvtC-C*
y {
Terrace), Pa. "
(
.
I bonds.;
V ^
North Whitehall .Township School
\
Bond
Offering
—
-Leroy tM. maturing Jan. 1, $6,000 in 1957 to
District (P. O. Route 1, SchenecksTimms, Secretary of Board of Di¬ 1962, and $7,000 in 1963 to 1967, as;
!",
Township.
-
,
and
than
one
interest
there
may
shall
speci¬
be
be
more
no
rate for any-one matu¬
rity.
'Principal and interest'pay¬
able
at
Trust
Chemical
the
Co., New York,
Bank
or
&
at the
.....
<
optioq of the holders 'thereof, 'at
the Bank of SeiVerville, Sevier¬
ville.
Delivery of the bonds will
rectors," will receive sealed 'bids 2s. rThese bonds were approved be made at the Hamilton National
•Until 7 p.m. (EST) on Sept. 9 for by the Voters on July 16. Interest Bank,
Knoxville.
These'; bonds
the purchase of $200,000 coupon; payable J-J. [The next highest &re issued for the purpose of im¬
registerable as to principal only, bidder was the First National proving, extending, equipping and
school bonds. Dated Sept. 1, 1946. Bank of Aberdeen, Aberdeen, for repairing the electric system of
i
> •=,;■■ '•:
said Town and are part of a total
Denomination $1,4)00. Due $20;000 2s.
authorized issue of $325,000.
Oct. 1, 1947 to 1956. 'Registerable
The
?
TENNESSEE
as
to 'principal only. Bidders to
remaining bonds of "said issue are
to be exchanged for a like par
name
the rate of interest in a
Clinton, Tenn.
multiple of J/4 of 4%, -und must
Bond Offering—W. E. Lewallen, principal amount of Electric Sys¬
tem
Revenue
refunding bonds,
be the same for all of the bonds.
t
*f
}
Stigler, Okla.
Bonds -Offered—Bids
r
■
were
i
■
re-,
•
-'
yule), ~Pa.
Bond Offering—Jacob D.
-.
s.
»
Ktihns,
j celved Until Aug; 28/by 'Will Hu^l,
District
Secretary, * will
receive
j Town Clerk, Tor. the purchase of
sealed bids until 6 p.m. (EST) on
> the following bonds/aggregating
'
Sept: 12 for the purchase of $150,$49,995f
'- v
;., T
000 hot to exceed 2%%- interest
$45,000 water works extension and
coupon or "registered school build¬
improvement bonds. Due $3ling bqndSy^Uated, Oct. 1,1946. De[/[-/v 000 in 4949 to 1963, inclusive.
';
nominafipn $l-jOJ,0.
Interest A-O.
4,995 sewage disposal bonds; Due Due
1,1947 to 1971.
$2,000 in 1951 and 1952, and
Registered ' as ;to - principal only.;'
! 5.T $995 in '1953.
[
••
- ,
The bonds aiid. the interest there-'
on
will" hb payable without de¬
OREGON
duction for any tax or taxes, ex-;
Agate Beach Water District {P. O. cept, succession -or • inheritance
Agate Beach), Lincoln
taxes, now or ^hereafter levied or
;
County, Ore.
>
>
assessed thereon under any pres¬
!
•
*
.
Mayor, will
Principal
without
interest
and
deduction
for
payable
any
taxes
(except gift, succession or inheri¬
Taxes) -levied pursuant to
tance
"
-
.
*
Bond
Offering— Alfred
Wil¬
ent
or
any
present
or
future law of the
The
Commonwealth.
bonds
^will
future law-of the Common-' be sold to the highest responsible
liams, District Clerk, will receive wealth, all of which taxes the bidder subject to approval of the
and agrees to authorizing
sealed bids until. 8 p.m. on Sept. ^6 District assumes
proceedings by the
for the purchase of $7,000 not to pay.
General obligations payable Department of Internal Affairs.
exceed .2%% interest coupon, gen¬
eral
obligation
Sept. 1; 1946.
Due $500 on
,
bonds.
Dated
from ad valorem taxes within the
No bid for less
taxing limitations imposed by law crued interest
than par and ac-.
for less than all
or
receive
sealed bids
Sept. 3, for the
purchase of $100,000 street im¬
provement bonds, to bear not ex-;
ceeding 3% interest. Dated Sept;
1, 1946.
Denom. $1,000.
These
bonds are due $10,000 from Sept.
until 3:30 p.m., on
1,
1953 to 1962.
interest to
be
c
Rate
or
rates of
in
multiples of %
of
T%.
-Principal and interest
payable
at
the
Union-Peoples
Bank, Clinton. Said bonds are is¬
sued
subject to the approving
opinion of Chapman & Cutler, of
Denomination $500. upon school -districts -of -this clasfe.- Of The bonds will be accepted. The
Sept. 1'from 1950 to These bonds ure issued "subject to T>Urchaaeir Jwill receive without' Chicago, to be furnished together
dated
Aug.
1,
1942
(constituting
all of the outstanding bonds pay¬
able
from
the
revenues
of
said
system), simultaneously with or
prior to delivery of the bonds now
being sold.
The $325,000 bonds
and any other obligations which
may be issued in the future on a
parity under the provisions of the
appropriate resolution, are pay¬
able solely from net revenues of
the -electric
distribution system.
A certified check for $6,000, pay¬
able to order of the Town Treas-
1260
THE COMMERCIAL & FINANCIAL CHRONICLE
urer, is required.
The bonds are
being offered subject to favorable
legal opinion of Chapman & Cut¬
ler of
Payable
—1961
Bonds Sold—The $60,000 water
authorized at the July 23
The
election
have
sold
been
2l/z$.
as
bonds
Due in 20 years.
■Gregg County Common Sch. Dist.
No. 9 (P. O. Danville), Texas
Bond
bouse
Sale—The
bonds
Aug. 27
were
sale
for
$18,000 —-;
20,000 7
on
20,000
awarded to the First
Co., of Dallas, as 2y2S.
These bonds are optpional 5 years
from date. Interest payable M-S.
The next highest bidder was the
V7 ,7.
2M>s.
Natalia
Sale—The
1951
2.621%,
follows:
as
10
from
years
callable after
are
in
issue
of
date
1946.
♦
v
.—1978 7
.
Clifton
1980
.....
.....
Bond
bonds
Mileage
Forge, Va.
Gross
Sale—The $220,000 water
offered Aug.
28
—
v.
164,
Ratio
1004—were awarded to C. F.
& Co., of Charlottesville,
at a price of 100.039, a net inter¬
p.
cost
lows:
of
about
1.686%, as fol¬
7"' ■' 7'; 7- 77.'.7 /■,./.••'
"
$40,000 6s. Due $10,000 on Sept. 3
from 1947 to 1950 inclusive.
180,000 lV2s. Due
000
from
Sept. 3: $10,-
on
1951
1956
to
inclu¬
sive and $12,000 from 1957 to
1966 inclusive.
by F. W. Craigie & Co., of Rich¬
mond.
■'■,7-7:;.
;;;7>
we
—
$40,351,952
.
—10.09
$234,762,423
—
It
be
may
noted
that
—85.33
districts
all
tributed almost equally to the total decreases.
and
geographical
regions
con¬
In gross earnings the
decreases ranged from 23.47% for the New England region to 42.96%
region.
The Central Eastern region recorded the
largest decrease in net earnings
May of the current
as
a
The decrease
year.
result of the deficit shown in
was
102.37 % and
followed
was
of 85.71% recorded by the Great Lakes region, which is also
one
in the Eastern district.
All the decreases in the net category were
substantial, and the smallest drop of 75.94%
Southwestern region.
was
recorded
by the
A complete picture of the comparison of both
The footnote subjoined to the table indicates
the boundaries of the various districts and regions.
SUMMARY BY GROUPS—MONTH
District and Region»
1 \
876—was awarded
State Finance Committee,
Eastern District—
p.
7 1945
'/+:
England region (10 roads)
Great Lakes region (23 roads)
Interest payable F-A.
Second best bid was an offer of
incl.
Bank
Seattle.
The 484,500
Central Western
on
the
Federal Way School
date—v.
same
164,
Seattle; Fordyce & Co., and Tripp
& Co., both of Portland,' at par,
as
follows:
$63,000 as 2s, due
from Sept. 1, 1948 to 1958, and
the remaining $21,500 as llfes, due
from Sept. 1, 1949 to 1961, incl.
l%s, ten¬
Finance Com¬
offer of par for
mittee.
Spokane
region (18
County,
Orchard
Inc. ( +) or Dec. (—)
'•;//
143
Total
85,009,761
26,697,189
122,577,152
99,856.508
157,152,252
roads)
-23.47
6,265,097
37,567,391
57,295,744
-30.65
-36.46
l%s, at price of 100.10—v. 164,
p. 1132—are further described as
follows: Dated Aug. 1, 1946, and
as
and
the
denomination
due
Aug. 1, as follows: $6,000 in
1948
to
$7,000 in 1952 to
1959, and $8,000 in 1960 to 1966.
Bonds maturing Aug. 1, 1962 to
1966, are callable on and after
Aug. 1, 1960, in inverse numerical
:r,yVv.
(26
roads)
sj
76,736,578
113,819,472
37,789,070
..21,555,849
Maryland And by the Potomac River to it*
1199432203-
T
*
.
—33.00
—101,128,232
WESTERN DISTRICT
Region—Comprises the section, adjoining Canada lying west of the
Region, north of a line from Chicago to Omaha and thence to
»nd
Portland.
by the Columbia River to
the Pacific,
v;,
;.•/
>./r-^
.
■?//,,/:
Region—Comprises the section south of the Northwestern Region
vest of a line from
Chicago to Peoria and thence to St. Louis, and north of a line
from St. Louis to Kansas
City and thence to El Paso and by the Mexican boundary ;
to the Pacific.
/ ,Z':/•■■•/ ■; >. y+u <;,.r ^ , yx yv,*.'- /
•; ry.,■ y.y:
Central Western
i-r.v
Southwestern Region—Comprises the section lying between the
Mississippi River
of St. Louis and a line from St. Louis to Kansas
City and thence to El Paso.
by the Rio Grande to the Gulf of Mexico.
jouth
tnd
.J
Month
Of
-Gross Earnings-
':.V-
Year
;
May
1909
1910
Year
Given
S>170,600,041
+
$26,226,645
230.033.384
198,049,900
+
31,983,394
226,442,818
232,229,364
263,496,033
231,066,896
4,624,078
"226^484,666
232,#79,970
239,427,102
265^435,022
6,044,693
30,616,063
+
1911
1913
1914_—
-Mileage—»
Inc. (+) or
Dec. (—)
Preceding
$196,826,686
26,007,920
Year
Year
Given
+ 15.37
220,314
+ 16.15
229,345
Preced'g
217,933
225,274
2.00
+
+
236,230
232,503
2 67
—
235,410
231,597
239,445
236,619
243,954
13.1|
1918
246,060
243,367,953
1,324,785
+
0.!
247,747
244,580,685
63,448,411
+
25.94
248,206
247,189
353,825,032
374.237.097
1917
9.1
244,692,738
308.029.096
1915
1916
308,132,969
342,463,442
45,692,063
31,773,665
+ 14,83
248,312
247,842
9.28
230,355
228,892
378,058,163
35,132,305
9.29
233,931
348,701,414
38,629,073
457,243,216
13,214,331
:
413,190,468
1920——
337,330,437
444,028,835
447,299,130
545,503,898
1919
J
1921
1C22_—
;
443,229,399
—
+
+
245,207
234,339
+ 11.08
213,206
211,040
2.89
235,333
234,931
234,916
—
447,993,844
4,059,751
97,510,054
1924
476,458,749
546,924,883
70,476,133
487.664.385
476,549,801
il,114,584
+
2.33
1926
236,663
236,098
516,467,480
487.952.182
28,515,298
+
5.84
236,833
236,858
517,543,015
509,746,395
+
0.21
518,569,718
8,823,323
510,543,213
26,179,817
537,575,914
75,131,912
94,091,632
114,034,479
3,584,364
26,769,505
1923
1932
1934
1935—— MMW ^
■
1936
Southwestern
.Total
//; ■'::■
region
Central Western
:
(16 roads)
region (14
region
(50 roads)
1938———
37,082,894
—32.58
—
16,233,221
42.96
53,316,115
—35.17
roads)
(20 roads)
—
-w
__
:
151,608,542
—
/'Zx''
—
—'
■
District and Region—
V;/fr>;:
•.
.
86,263,125
119,648,483
201,495,786
50,030,675
<76,769,208
,
364,533,119
Eastern District—
1946
; ;
region
6,543
Great Lakes region. 25,497
Central East'n region 23,881
Total
/
532,553,368 •'
.—
—Mileage—
England
55,921
26,984,703
—31.28
—
81,847,303
—40.62
—
26,738.533
—34.83
—135,570,539
—37.19
—
1945
6,563
-
25,562 '■
23,880
56,005
822,568,254
—
—
1946
,
1945
$7// ■77
1,095,422
:
—290,014,886
Net Earnings
$
—
region
(—)
$7.y.777 %
77
'•
-6,965,453
4,700,491
32,882,357
<•1,033,149
43,557,992
44,591,141
83,405,802
78,643,038
;
—
84.27
—
85.71
—102.37
—
94.29
37,317
6,412,631
33 597,544
40,010,175
83.97
6,0)2
2,951,703
13,777,879
10
——
43,282
43,329
9,364,334
53,788,054
44,423,720
82.59
region 45,533
Cent. Western region 54,527
45,668
54,686
4,058,771
27,551,655
23,492,884
85.27
Southwestern
28,601
78.58
826,176;
Western District—;/
region 28,474
Total
dtstricts.227,742 228,289
♦Deficit.
14,528,393
78,625,033
64,096,640
81.52
7,637,690
31,743,831
24,106,141
75.94
26,224,854
137,920,519
40,551,952 .275,114,375
111,695,665
—
234,762,423
80.99
—
85.33
■'
NOTE—Our
grouping of the roads conforms to the classification of the Interstate
Commerce
Commission, and the following indicates the confines of the different
groups and regions:
EASTERN DISTRICT
New
—
England Region—Comprises the New England States.
Great
Lakes
Region—Comprises the section on the Canadian boundary between
England and the westerly shore of Lake Michigan to Chicago, and north of a line
from Chicago via Pittsburgh to New York.
New
Central
Eastern
Region—Comprises the section south of the Great Lakes Region
Chicago through Peoria to St. Louis and the Mississippi River to the
mouth of the Ohio River, and north of the Ohio River to
Parkersburg, W. Va., and a
east of
a
line from
+
241,758
242,542
—30.95
241,995
242,163
1.41
241,484
238,983
242,143
+
',+10.50
0.88
240,906
236,357
235,547
233,545
—
+
234,694
301,993,228
+
40,539,626
342,665,256
+
98,863,928
+ 28.85
+159,535,550
158,266,246
+ 36.31
230,768
232,297
+ 26.33
229,357
228,634
231,368
228,698
228,289
441.529.183
—290,014,886
'
V13.42
232,819,
233,530
232,242
232,863
+
5.90
+
2.36
?28,528
—35.26
227,742
229,050
-Net Earnings
Year
■
Year Given
•
;
i9lQ-^.__..
:
Preceding
$49,789,800
$64,690 920
Increase (+) or
Decrease (—)
H 70,084,170
70,868,645
$14,901,120
5,226,827
1,695,071
66,035,597
'■
64,857,343
?'■ 69,173,574
68,488,263
2,452,666
x
73,672,313
v; 66,499,916
1914_—
x/ii
57,628.765
1915——-j——*———————————„
■'..■
71,958,563
73,385,635
57,339,166
i9i7~ZZI~ZII~ZZ™
'
.
105,598,255
109,307,435
71,791,320
105,782,717
91,995,194
106,454,218
58,293,249
28,684,058
i9i9ZZZIZZZZ~ZZIZZ
92,252,037
+
+
+ 29.93
8.06
+
—
—
2.39
3.58
7,172,397
+ 10.79
15,756,870
+
—21.47
+ • 14,619,397
+ 25.50
+
33,806,935
+
47.09
+
3,524,718
;+
3.33
—
14,459,024
—
33,958,788
—13.53
.
—36.81
64,882,813
1923_„
51,056,449
20,043,003
92,931,565
-
64,866.637
28,064,928
93,599,825
32,573,715
+ 34.89
126,496,150
30.448,063
—24.07
126,173,540
1924—-jjiiiL'iOi-
1925
>
96,048,087
—
+
22,372,391
44,639,810
——
1928—
iiiifiiiiOi
■
96,054,494
16,805,030
112,904,074
127,821,385
15,677,492
126,757,878
128,780,393
1,063,507
—43.82
+ 223.72
43.27
+
+ 17.50
+13.89
—
0.83
ioJ-r'-X
—_
——
ZZZZZZZZZZZZZZZZZZZZZI
1936—
—
17,754,001
+13.76
111,387,758
35,711,276
—24.28
81,038,584
147,099,034
111,359,322
81,052,518
74,844,410
47,416,270
72,084,732
;
840,317
129,044,791
47,429,240
-j£*£■'■>
—
127,940,076
146,798,792
——
:
112,859,524
128,581,566
—,
1927
73,703,351
72,083,220
70,331,577
70,416,370
80,729,491
85,335,430
.
80,737,173
55,483,001
—
—
—
1945ZZZZZZZZZZZZZZZZZZZZZ
85,335,563
65,168,331
1940ZZZZZZZZZZZZZZZZZZZZZZ
1946
242,156
242,716
+ 11.02
18,968,984
1941J—•
240,798
—13.97
—20.34
238,159
+
19 35
239,079
241,280
234,759
822,568,254
,
240,120
5.13
—22.70
804,055,622
,
237,275
1.70
+
79,900,042
532,553,368
May
238.025
—
238,980
823,024,606
Month
234,452
237,012
44,783,050
Zit
235,472
237,951
+
:
235,186
235,894
235,873
+
'
+ 21.77
—12.89
234,051
9.87
601,063,784
1946——
0.92
+ 14.82
759,272.572
1926—
...123,539 128,955
Total all
—
272,017,483
1920-^^—i
37,258
6,024
'
351,973,150
+
29,975,337
320,414,211
601,064,733
1912-..
region..
Total
2,489,273
41,354,127
31,630,038
279,133,293
804,055,622
1911
—
Inc. ( +) or Dec.
,7-
5,870,031
28,181,866
4,762,764
—35.28
:—
Southern District—
Southern
.281,642,980
759,330,030
1909-.™.^—.....I
New
254,378,672
1944
1945_
59,283,422
228,962,580
—
Total all districts (131 roads)
/■
368,417,190
254,857,827
342,532,854
441,529,184
1942
1,088,017
462,577,503
272,073,108
331,932,820
1941
/
516,454,993
536,723,030
462,444,002
368,485,871
254,382,711
257,963,036
281,627,332
279,153,707
320,487,420
352,044,249
1940
—
'
»
.
As.is the practice in these monthly reviews, we furnish a
summary
of the May; comparisons of the
gross and net earnings of the railroads
1939
ZZ'-Z'Z.
'■■■■■
Northwestern
3reat Lakes
1943—-
'93,292,427
Western District—
1951,
order.
306,426,593
+ZZ:Z;:ZZZ.':-':,V" ZZ+ Z'x:'.-Z"ZZ
Northwestern
Details—The
$1,000,
205,298,361
<30 rokds}"—
€00 school bonds awarded
of
s
region (4 roads)—
Northwestern
(P. O.
$136,Aug. 12
to the Seattle First National Bank,
Sale
of
.Pocahontas Region—Comprises the section north of the southern
boundary of
/irginia, east of Kentucky and the Ohio River north to
Parkersburg, W. Va., and
of a line from
Parkersburg to the southwestern corner of Maryland and thenco
ay the Potomac River to Its mouth.
1933——
20,432,092
;
Park
Spokane), Wash.
roads)
region
Pocahontas
Pocahontas
School District No.
Bond
(51
Southern
Second best bid on these bonds
dered by the State
there¬
>outh
1931
'
876—were awarded to a group
composed of Grande & Co., of
an
date
after.
,i
1930
$
__
Southern District—
p.
was
terest-payment
works
corner
1937
Total
tendered by the Na¬
of
Commerce,
of
.7 7
77
District No. 210 bonds offered for
sale
water
$6,000 March 15, 1947 to 1966,
subject
to .-Iredemption
on
Sept. 15, 1951, or on any in-
A.,
;/■;■ SOUTHERN DISTRICT
r
^
;/■'/./'
Southern Region—Comprises the section east of the
Mississippi River and south
it the ,Ohio River to a
point near Kenova, W. Va., and a line thence following the
?a«tern boundary of Kentucky and the southern
boundary of Virginia to the Atlantic. !
1329—
Earnlngs-
—_
1.90s, at par. Dated Aug. 15,
1946. Due on Aug. 15 in 1948 to
tional
120,000 Water Works bonds. Due
-U:
1928—__
MAY
OP
-Gross
1946
New
100.51 for 2s,
d
Z/j'Z
Whipp,
T.
Due
$6,000 March 15, 1947 to 1966,
1927
and net earnings by geographical groupings is presented in the
as
1966,
obligation
1912
for the Pocahontas
40 bonds offered for sale on Aug.
the
55,252,463
(66.55) 7
$275,114,375
Offering—W.
v
c
■.
—35.26
shall distribute these totals into appropriate
subdivisions.
Bond Sale—The $95,000 issue of
Mercer Island School District No.
164,
,7,::
■'
120,000 Water Works bonds.
f
mouth.
$290,014,886
547,453,879
(92.42)
earns.
;
$822,568,254 )
492,201,416
to
'
1'
City, Clerk, will receive sealed
bids until 4 p.m. on Sept. 16 for
the purchase of an issue of gen¬
/Z/
Inc. (+) or Dec. (—)
7 Amount
%
547'—00.24
.
228,289
$532,553,368
following compilation.
King County School Districts (P.O.
Seattle), Wash.
20—v.
1945
227,742
:
—
earnings
gross
WASHINGTON
to
>
expenses
expenses
Now
1946
;
' ;v
a
1925
777::'■
•
of
7
May— ■:?;
131 roads
earnings
Net
1
by
Second high bid of 100.196 for
all of the bonds as l%s was made
of
Operating
Cassell
est
of
'
line thence to the southwestern
7
Month
.
X'.11
on
$175,000 Water Works Bonds. Due
/';■/ March 15, as follows: $8,000
in 1947 to 1951, and $9,000 in
mortgage
rejected.
were
$ Bond
1979
42,000
'
VIRGINIA
following alternatives:"
Dated
Wauwatosa, Wis.
1
.77 ;
works
not
requested
are
follows:
as
1976
again showed decreases in both
gross and net earnings.
The gross earnings hit a new low for the
current year, being $34,148,132 below the April gross.
The net earn¬
ings were $18,252,067 less than in April, but quite a bit above the
low figure in net of $18,209,342 recorded in March.
For the month of May of the current year the gross
earnings were
$532,553,368. This represents a decrease of $290,014,886 in compari¬
son with May, 1945.
Operating expenses of $492,201,416 were $55,252,463 less than the previous May.
The net earnings also showed
a marked
decrease.
For May, 1946 they were $40,351,952 as com¬
pared with $275,114,375 last year.
Both gross and net earnings for
May of this year are compared with last year in the following table:
-
bids
bonds, not exceeding 4%
.-1977
In the month of May the railroads
about
Due
All of the bonds
interest
Earnings of United States
Railroads for the Month of May
Sept. 1: $500
from 1947 to 1950 incl., and
$1,500 from 1951 to 1962 incl.
10,000 2&s. Due Sept. 1: $1,500
from 1963 to 1966 incl., and
$2,000 in 1967 and 1968.
$20,000 23/4s.
.....
32,000
Sealed
bids received for the purchase of
$150,000 water works mortgage
revenue
1975
Gross and Net
school
of
cost
1974
40,QOO
1955
1956
_—
water
bonds.
Due
eral
price of 100.036,
a
interest
net
a
...1973 7
....
.....
38,000
19537
house bonds offered Aug. 22 were
awarded to Rauscher, Pierce &
Co., of Dallas, at
1972
39,000
1952
-
of
at
Bids
,
1971
.„
Dis-
School
$30,000
38,000
..-1950
———
23,000
24,000
7
trict, Texas
Bond
36,000
__1949
22,000
■'7;7-iy;V:7;;;77>>;^
71969
.......1970
.....
.1948
••22,000-L—_1954 7
Co., Dallas, for
Independent
__1947
—
20,000
20,000
21,000
Southwest
Dallas Union Trust
Payable
>
1967
.....
school
$20,000
offered
Amount
..1966
...
—
interest
bear
to
than 3%.
each of the
1952 to 1966.
April 1,
$14,000 on
,-"V
May 1 and Nov. 1, 1966; $15,000,
175,000 Water Works bonds. Due
May and Nov. 1, 1967 to-1969, and
,March 15, as follows: $8,000 in
$16,000 on May and Nov. 1, 1970.
■ft
1947 to 1951, and $9,000 in
Interest payable M-N.
V
1952 to 1966, subject to reEau Claire, Wis.
demption on Sept. 15, 1951, or
Bond Bids Rejected—I. E.
;Z'
on any interest payment date
Oien,
City Clerk, has announced that all
thereafter.
1945.
..1968
31,000 .7—
32,000
34,000
34,000
34,000
36,000
^
bonds,
Wis.
until Aug. 28, by
City Clerk, for the
$150,000 not to ex¬
Oien,
revenue
.......1965
-
E.
ceed, 4%
,-.-...1964
31,000
dated
are
July 1,
1946.
Denomination $1,000.
In¬
terest J-J. Due annually on July
1, as follows: /.7/7.,
bonds
Offered
purchase
.......1963
.....
Arlington, Texas
O.
Claire,
received
were
,
1962
...
.....
TEXAS
■;
Bonds
1960
....
—
.....
.
Eau
..1959
......
7
WISCONSIN
......-1957
.......1958
—
Said opinion will
V
Amount
$24,000
24,000
25,000
Bond Offering — W. C. Bailey,
26,000
Jr., Secretary of County Board of
27,000
Education, will receive sealed bids
27,000
until 10:30 a.m. (EST) on Sept. 14
28,000
for the purchase of $975,000 2%
28,000 ...7.
coupon building and improvement
29,000
bonds. This was originally offered
30,000
Z
on July 13 last.
77 77.
be furnished the successful bidder
without charge.
VIRGINIA
Wyoming County (P. O. Pineville),
:7- 77 W. Va. 7
Chicago, and bids must be
conditioned.
so
WEST
Monday, September 2, 1946
55,486,333
30,320,738
—27.23
—
33,623,278
—41.48
+
27.428,140
—
—
—
+
:+
—
+
1,618,619
1,666,850
10,397,914
4,598,257
29,852,562
90,494,636
65,198.328
+
9.681,998
25.296,308
145,348,136
225,576.889
90,573,937
145,481,304
+
54,774,199
+
80,095,585
304,968,698
277,283,369
225,577,824
304,945,504
+
79,290,e74
275,360,857
40,351,952
277,283,369
0.66
+
—
27,657,135
1,927,512
275,114,375t., ,.—234,762,423
+ 57.85
—
2.20
2.31
—
+14.78
5.70
+
-34.98
+ 17.45
+ 60.48
+ 38.80
+
55.06
+ 35.19
—
—
9.07
0.70
-"-85.33
@FedFRASER