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'P2S m
MONDAY
S.
U.
Reg.
Pat. Office
Price 60 Cents a
Volume
New
Number 4319
160
Fund, Inc.—Extra
Affiliated
1
of
—V.
160,
617.
p.
sales™.
——,
i
Alpha Portland
i
.
to
"6,262
Cement Co. (& Subs.)—Earnings—
1944
*
1943
1942
1941r ..
$5,120,646
$9,833,375 $10,393,435 $8,597,015
SEC
will
hold
a
Co. of Illinois (&
profit
♦Earns,
-
383,339
j
399,117
636,831
427,567
$476,258
$0.30
$576,414
$679,508
$0.40
$0.50
$0.30
share
com.
per
-V.
shares-
1,023,903
"On
$1,107,075
$473,050
profits taxes—
Net
1941
1942
$1,213,245
$875,375
before Fed.
cess
Subs.)—Earns.
1943
Ended June 30— 1944
taxes
$856,389
Federal income and ex¬
6 Months
Sale of Subsidiaries—
hearing Sept. 28 on
dispose of its interest in
MISCELLANEOUS
-
Profit
.
the proposal of American
Birmingham Gas Co.
".■American
proposes
to sell to Southern National Gas Co. all its
interest in Birmingham, consisting of 142,955 shares (62.82%) of the
outstanding $2 par value common stock for the sum of $1,358,072.50,
The
$1,025,235
57,753
taxes—
profit after charges and
"Loss.—V. 158, p. 2297.
Hearings Scheduled on
1943
1944
$1,294,912
30—
Quarter Ended June
Net
V
1944.
Manufacturing Co.—Earnings—
Albemarle Paper
Net
of 8 cents per share
cents
5
News
American Investment
loan in an amount necessary
Gas make a temporary
off its outstanding debentures at principal amount,
accrued conditional interest/that the debt, and preferred
pay
$1.25,
par
INSURANCE
-
to
but exclusive
of
stock of
Minneapolis be refunded and company merged with American, and
lastly, that the merged company sell a sufficient amount of common
stock to pay off the temporary loan made to retire the debentures.
American has $10,328,000 of debentures outstanding.
The accrued
conditional interest amounted to apDroximately $1,789,000 at July 31,
■
quarterly dividend of 3 cents per share on the common
both payable Oct. 14 to holders of record Sept. 30.
each were made on Oct. 15 and Dec. 20, last year.
the regular
and
stock,
Extras
INDUSTRIAL
-
that American
Dividend of 8 Cents—
declared an extra dividend
directors have
The
PUBLIC UTILITY
-
Copy
September 25, 1944
Corporation and Investment
General
RAILROAD
York, N. Y., Monday,
159,
2074.
p.
France-Foamite Corp.—Calls Notes—
income notes due April 16, 1956, have been called
for redemption as of Oct. 16, 1944, at 105 and interest at the rate of
5%% per annum.
Payment will be made at the Guaranty Trust. Co.,
trustee,
140 Broadway, New" York, N. Y. >There are reported to be
outstanding $2,260,000 of these notes.'—V. 159, p. 1965.
American-La
the 20-year
of
All
12 Mos. End. June 30—
•
Net
sales
)
Operating expenses
Depreciation —
income
19,990
,
■
income
charges
Federal
taxes
for
Provision
Net
Common
'\ 200,000
591,356
/.
919,084
1,268,180
955,445
$84,256
$$20,579
$$125,703
Earnings
of
share
per
"Includes
New York Curb Exchange—
tSurplus.
profits tax.
It
announced
was
$Loss.—V. 160, p. 425.
Inc.—August Shipments Up 28%—
Sept. 18 that a new all-time high in air ex¬
on
from LaGuardia Field was established by American
month of August. , Total shipments amounted to
606.234 pounds, or an increase of 28%'over the corresponding month
-of 1943, according to II. J. Lyall, Regional Traffic Manager.
('
Mr. Lyall also pointed out that the inauguration of new all-cargo
transcontinental air freighters during the month contributed to the
transportation of a much greater volume from New York.—V. 160,
P.
the
during
1177.
cr
;'.;V;■
C ?£'■]
:
V
An
.t;
idend
declared on the common
15 cents
Sept. 30,
for
Earnings
J,
Co.—Earnings—
American Coach & Body
<
Six Months Ended June 80,
1944
—
profit after taxes
Earnings
,
per
k
and Payable———.1329
Bank Clearings.——1328
Dividends Declared
71.740
The Course of
Rates
——
Condition Statement of Federal
Foreign Exchange
to $406,960.—V. 156, p. 158.
Combined
Co.—$1,050,000 Bank Loan—&
;
It was announced that the company on Sept. 1 completed arrange¬
ments with the First National Bank of Chicago, Irving Trust Co. and
Bank of the Manhattan Co., New York, for a loan of $1,050,000, rep¬
resented by its 3J/4% serial notes maturing at the rate of $150,000 an¬
nually from March 1, 1945, to and including March 1, 1951, The serial
notes are subject to the provisions of, and certain covenants and
re¬
strictions contained in, an application for loans, by the company to the
banks; dated Aug. 15, 1944, including a covenant against the payment
of dividends except out of consolidated net earnings since Dec. 31, 1942,
The serial notes of the company dated June 26, 1940, outstanding
In the amount of $300,000 were retired out of the proceeds of the new
loan.
The balance of the funds are available for the improvement or
extension of plant and for working capital.—V, 160, p. 426.
alternate
An
plan for
own
been pre¬
the company's
Co., holder of
reorganization of the company has
to the SEC.
The alternate plan to supersede
amended plan has been filed by G. L. Ohrstrom &
sented
stock end warrants in the company. .
.
: •
The company's plan, as amended, provides for the sale by American
of all its
remaining subsidiaries except Minneapolis Gas Light Co.,
that American reorganize on a common stock basis, and after the sale
of the properties and the recapitalization of American that the latter
by merged with Minneapolis.
The amended plan provides that 88.2%
of the new common go to the debenture holders,
11.3% to present
common stockholders, and 0.5% to warrant holders.
debentures,
Mr.
common
alternate plan which provides that the
recapitalization plan of the company be abandoned, that
Gas sell all its remaining .subsidiaries except Minneapolis,
Ohrstrom
stock
American
one
proposes
<
-
..——1311
Averages
Stock and Bond
to $9.50
^equivalent
its
receive
also
;
pro
per
share.
rata
Under the contract American would
of one-half of Birmingham's net
portion
stock from 3an. 1. 1944,
earnings accruing to said shares of common
to
the date of closing.
The remaining shares
,
Of
For
-
-
the
139,993 shares
York Trust Co. as successor trustee under
..the debenture agreement of American, dated as of May 1.
1928. as
supplemented and amended. American proposes to deposit the proceeds
of
said
sale of
139,993
shares ($1,329,933)
with the trustee,
plan.
pending
'disposition of all the pledged assets under the amended
',;■
A hearing will be held Sept. 29 by the SEC on the proposed
American, pursuant to the terms and provisions of a contract of
dated Sept. 13. 1944, of all its interest in Bangor Gas Co.,
of 6,000 shares of common stock (par $80) (including five
oualifying shares), to Esther M. Kane, Benjamin N. Kane,
Kane, Irwin E. Kane and Sidney A. Kane, all of
Island, doing business under the name and style of Benjamin
.
sale by
sale
consisting
directors'
Howard
Providence, Rhode
N. Kane
American is
1944. to the
:
f;. '
-
partnership, for the sum of $122,500.
to receive the net earnings of Bangor from Aug. 31,
of closing.—V. 160, p. 1074.
•
/
Co.,
Investment
.
also
date
a
Offerings
Institutions, Corporations "
Kobbe, Gearhart &
,
"
FLORIDA & NEW
45
Telephone
—
NASSAU STREET, NEW
Philadelphia Telephone
Bell York 1-S7d
Teletype
Now
/
.
Incorpo¬
Y; The
1944.—
\
/
;
Electric Co., Inc.—Outputfor the
the electric properties of this company
16, 1944, totaled 83,672,000 kwh., an increase
2.85% over the output of 81,350,600 kwh. for the corresponding
of 1943.—V. 160, p. 1178.
.
■
■
of
week
Sept,
Co.,
A. P. W. Paper
V
Inc.—Interest—
paid Oct. 1, 1944, on surrender of con¬
tingent interest coupon No. X-6, dated Oct. 1, 1944, from Albany
Perforated Wrapping Paper Co.
first mortgage and collateral trust
20-year 6%l sinking-fund gold
bonds, due 1948, "with warrants "
Interest is payable at office of Kidder, Peabody & Co., New York,
Interest
■
Y.—V.
'
159,
be
will
1%
of
Arkansas
'
..V',?;.;'
2186.
p.
&
Power
.'".T
v
Capital
.;'
proposed by the company
changes
Changes Ap-
Light Co.—Capital
.proved by SEC—
Light & Power Corp., were
However, the Commission
and its parent, Electric
approved Sept. 18 by the
SEC.
imposed the condition that Arkansas create
sufficient capital surplus to comply with a pending final original cost
determination order of the Federal Power Commission.
<
Under the plan Electric Power & Light would surrender to Arkansas
$4,000,000 in cash, as well as its entire stockholdings in the latter
company, comprising 7,697 shares of $7 preferred and 1,233,638 shares
of no par common stock.
Electric Power & Light would receive in
return 1,070,000 shares of new $12.50 par common stock.
Arkansas would cancel its own 891 shares of $7 preferred and 453
shares of $6 preferred stock which it holds in its treasury, and it would
redeem, at $110 a share and dividends, an additional 39,934 shares of
$7 preferred stock to be chosen by lot.
>
$7
and
senior shares
$6
remaining outstanding
would then be
the liquidating value of $100 a share.
expected to send out invitations around Sept. 22
for bids to be received Oct. 2 on its proposed offering of $30,000,000
mortgage bonds.—V, 160. p. 1178.
The
Televhcne:
HAnover ,2-2600
1922
NEW YORK 4, N. Y.
Bell Teletype: NY 1-573
Sell Unit—
company's proposal to
to W. T. Stevenson Of
price of $624,500, sub¬
The interest to be sold includes all the out¬
of common stock (par $40), and open account
hold a hearing Oct. 3 on the
interest in Owensboro Gas Co.
Owensboro, Ky„ a non-affiliate, for the base
SEC
its
will
entire
ject to adjustments.
standing 2,900 shares
indebtedness (bearing
interest at the rate of
earned)
The
to be paid
paid in instal¬
note
proposed to
6% per year when
principal amount of $515,807, as of June'30, 1944.
agree¬
provides that $50,000 of the purchase price is
in cash on the closing date, and the balance is to be
ments
pursuant to the terms of a five-year purchase money
secured by a pledge of the securities and indebtedness
be sold.
1
.
'
It is also proposed that Associated Electric Co. acquire from
boro
Gas Co. all of the latter's holdings of 130 shares
the
in
ment
of sale
,
Owens¬
of capital
!'
DEPARTMENT
Established
STREET
is
Associated Electric Co.—To
Banks, Corporations
-
us
JERSEY
oAllen & Co.
30 BROAD
company
The
sell
an
and Individuals have found
for large or small
effective market place
BLOCKS of
3
I
Association
YORK 5
MUNICIPAL
-
Company
York Security Dealers
>..
.
of
output
ending
I
INCORPORATED
.
Members New
:
1074.
American Water Works &
Power
week
Municipal RoihIs
Unlisted Securities
Brokers, Dealers,
160.' p.
of common stock of
(84,593.1 shares) are held by the public,
Birmingham stock to be sold by American,
pledged with The New
fare
an
Bids
V.
The
SPECIALIST IN
r
115 and dividends.
will be made at the office of J. P. Morgan & Co.
purchase fund agent, 23 Wall St., New York, N.
certificates called are held by holders of record Sept., 15,
rated,
restated on the books at
Birmingham
-
1334
——1336
Condition Statement of Member Banks of.
Federal Reserve System
—^-i-*1334
Transactions New York Stock Exchange——1311
Transactions New York Curb Exchange.—1311
Reserve" Banks
American Colortype
Co.—Alternate Plan Filed—
Preferred Shares
Nov. 1, next, 1,039
Payment
N.
Investment News. 1389
State and City Bond Offerings and Sales._1338
Redemption Calls & Sinking Fund Notices..1329
$1.05
American Gas & Power
shares
Miscellaneous Features
share—
"Taxes amounted
Corp.-^-Calls 1,039
General Corporation and
$2,756,990
_
"Net
*V\'
1178.
p.
corporation has called for redemption as of
of its 5%
cumulative preferred stock at
The
—
stock,
21. An extra of 15
cents on March 31,
made: , June 30 and
each; and Dec. 28, 50 cents.—V. 160, p. 825.
,
'
payable Sept. 30 to holders of record Sept.
was
paid on June 30, last/ and one of 10
,19.44.
In 1943, the following extra payments were
both
cents
160.
American Viscose
-
Co.—15-Cent Extra Dividend—
cents per share and the usual quarterly div¬
15
of 25 cents per share have been
extra dividend of
:j
-V.
1944—8 Mos.—1943
141,823,800 132,815,631
14,611,597
16,455,421
Sales
Increased 12.6%—
Month—1943
1944
Period End. Aug. 31—
-
American Brake Shoe
v
Exchange
August Sales
American Stores Co.
_1301
1312
____1316
1321
1321
1322
Cincinnati Stock Exchange.-..
..__.,_1322
Cleveland Stock Exchange
1322
Detroit Stock Exchange
1323
Los Angeles Stock Exchange.
.,v.
1323
Philadelphia Stock Exchange___-..-.J__.._.1324
Pittsburgh Stock Exchange.
1324
St. Louis Stock Exchange.
..1324
Montreal Stock Exchange-—
1326
Montreal Curb Exchange.
...1326
Toronto Stock Exchange
-1324
Toronto Stock Exchange—Curb Section—-1325
Over-the-Counter Markets ———L
__1327
shipments
Airlines
Stock
Chicago Stock Exchange-
American Airlines,
press
Exchange
Stock
Baltimore
$1.70
$2.03
$1.41
Nil
excess
York
Boston
stock
capital
(Stocks)
Stock Exchange (Bonds)
Stock Exchange
York
New
$1,081,148
$768,907
dividends
Deficit
'S'-S:; Pa£e
New
$1,288,759
April 1,
2186.
Quotations |
"412,819
-L-v
$834,828
$$177,551
._w
Issue
Stock and Bond
27,106
637,821
680.454
profit
$1,521,073
$
33,798
28,591'
conting...
This
In
'
$1,743,873' $1,960,378
$$177,551
Total
Income
,66,757
Com. Dividend
share on
share
Sept.
The
directors have declared a dividend of 50 cents per
the common stock and the usual quarterly dividend of $1.25 per
on
the preferred stock, both payable Oct. 1 to holders of record
19,
Like amounts were disbursed on April 1 and July 1, this year.
following distributions were made on the common stock in 1943:
July 1 and Oct. 1, 50 cents each; and Dec. 31, $1.50,—V. 159, p.
The
V
$1,458,720
62,353
$1,893,621
89,423
i
Manufacturing Co.—50-Cent
American
6,164,328
973,967
j
$1,654,450
$$197,541
Operating income
Other
8,499,8141
8,238,925
v
^
5,318,187
—j
|
which
:
■
are not
SECURITIES
readily marketable.
'
INQUIRIES INVITED
'
.
HILL, THOMPSON
120 Broadway,
& CO., INC.
N. Y.
New York 5,
o
I
iiliuiilii...?
^ii;miiii!iiUiiiiiUi!iiiiiiii;!niiuu'iUUiiUiiiai.u;i;na;miJi:i.ri!J.:ui;im.ii;i:nii:iiir.Hii:uii:iiii;inwiuiH
stock
■
The
•week
Light & Power Co.—See latter
Electric Co.—Weekly Output—
kwh.,
or
report for the
Corp.—Objections to Plan—
Associated Gas & Electric
*
trustees representing Asso¬
protective committees and indenture
The
Corp.
that net electric output of the Associated
128,339,557 kwh., an increase of 8,617,426
7.2%, over the same period in 1943.-—V. 160, p. 1179.
was
convertible debentures of 1973 and income
debentures of 1978 have appealed the order of U. S. District Judge
Vincent L. Leibell approving a proposed reorganization plan for the
ciated Gas & Electric Corp.'s
and its parent. Associated Gas & Electric Co.
The purpose
of the appeal is to obtain more consideration in the reorganization for
holders of the corporation debentures.—-V. 160. p. 722.
company
Co.—Stock Offered—Brailsford &
Co., Chicago and Kalman & Co., Inc., St. Paul and Min¬
neapolis made formal public offering Sept. 18 of 26,323
shares of common stock at $7 per share.
'
Athey Truss Wheel
stock
The
does
and
formally offered v/as acquired from stockholders
financing on behalf of the company. .
being
represent
not
which has its plant in Chicago in the Clearing Indus¬
of track-type trailers, wagons
wheels.
In addition, it, makes equipment for earth
moving machinery used in constructing dams, levees, airfields and
similar projects.
Other products include heavy loading equipment
used in the construction of roads. Total capitalization consists of 150,000 shares authorized, of which
•149 000 shares are outstanding.
Net earnings last year available for
dividends were $198,180. as against
$168,521, in 1942.
Net for the
first five months this year was $103,809.
The company,
is a leading manufacturer
trial District,
and
track-type
per
—V.
p.
160,
June
•*
•
•
Avery
F.)
Company is inviting bids for the purchase
$10,000,000 first mortgage bonds due 1974.
«
will
Bids
received
be
/
petitive
bids
redeem
due
outstanding
the
of
No.
will
Proceeds
160.'P.
10-year
The
bar
'
the
steel,
considerable
v
•
v
;■■
■
U.;
: '
:
'•••.'.%
'■ LAl V'.\
Inc.-i-V.
LA A
possible.
July
to
the
Division bonds to July 1, 1980. and
and
1
Toledo-Cincinnati
the
of
Nov.
1,
the extension of the convertible bonds to Feb.
1975.-respectively,
1, 2010.
With respect to interest, the plan provides that 60% of the interest
on
the company's refunding and general mortgage bonds be made
contingent on earnings, the change from the present fixed and con¬
*■,
tingent rates on each series of refunding and general mortgage bonds
to take place on their latest interest date in 1946.
The 1% unsecured
'interest on the first mortgage 5% bonds, the l>/2% unsecured interest
on the Southwestern Division bonds,
and the 4%% unsecured interest
on-the convertible bonds. Is made, contingent on earnings.
•
order
spect
company's
the
to
bonds
in
the
consummate
to
extensions
with
and modifications
the plan proposes the
proposed to be extended
bonds,
bonds
for
exchange
issue
and
re¬
of new
modified
plan.
The plan also provides for a capital fund of 2 Vu% of gross railway
operating revenues, or $5,000,000, less depreciation and amortization
vof roadway and structures charged against income during the year,
whichever is the greater.
The plan also provides for a s'nking fund.
All bonds issued in exchange pursuant to the plan and the collateral
uotes will be eligible for sinking fund purchases.
Sinking fund payto
pursuant
played
part
a
in
brochure
it is
its
,
until
,
the
the
tells
the
where
made,
manufacture
it
of
the
income
$1,388,000
as
1938
plan
and
the
debt
since
The
to
system charges for interest and guaranteed dividends amounted
reduction on
1938.—V. 160. p. 1179.
$25,698,012,
Aug.
15.
annual
an
a
basis
of
since
$5,726,084
of
had
After
1,
the
figure
of
increase
an
semi-annual
Scott
of
Voting
Stock
to
be
The
of
—V.
14.
up
1
Commission
for
also
The
impounded a $5,520,000 fund earmarked
equipment reserves by stipulating it
diverted to any other use.—V. 160, p. 1179.
'
be
cannot
transferred
or
at
$1,890,000
oi
the close
outstanding
the
dend
both
683/4
of
stock,
cents
payable
Oct.
"
of
25
cents
Sept.
on
common
per
12
no
declared
par
share
per
1 to
share
dividend of 25 cents
per
share
holders of record Sept. 22.
A distribution
also made on the common stock on
was
July 1, last, and on July 1, Oct.
Bendix Aviation
a
l
and Dec. 23. 1943.—V. 160, p. 619.
charges leveled
this
the
the
profits
first
distribution
semi-annual
amounted
"These
Bendix
the
in
of
of
as
July
31,
shares
715,211
equal
Second
District
of
New
Jersey
in
November,
1942,
after
the
had failed to get an indictment before a grand jury.
corporation made a complete reply to these allegations at t.hat
A.partment
and
its
"What
reply
this
carried in the press throughout the country.
accuser apparently does not
known is that Behdix
was
De-
,,
had
been
-
working in the -closest cooperation with out Army and Navy for
many years prior to the outbreak of this war, particularly in the development of highly technical equipment for the betterment of our
armed services.
With their full cooperation
and approval, Bendix made
the best possible use of technical information and development through¬
Neal
Wyatt,
150,000
Wag-
&
100,000
goner
Debentures—The
of
the
of
names
several
100,000
underwriter^
and principal amount underwritten by each,
to
cents
68
*
of
half
per
this
per
$2
unit
of
unit
&
Miller &
Heller.
&
Bruce
Co...
Hemphill. Noyes & Co.
paid
J.
J.
Hilliard & Son
B.
totaled
1944
outstanding,
$15.91
to
\
$12,746,609.
of
686,012
shares
then
permission
to
Deductions
for
Sept.
♦
''L.L■
I
notice through the operation of the sinking fund Qt; the
fund or in the event that the company is required to
the
general mortgage bonds of all series,
atA special
...redemption prices.
,
.
~*fj*
•
all
>
Federal
accrued
income
tax
(est.)
>
income™
•
•
''
/•:'".
,;.r-v5
..
■
„™„„„™'
Dividends
--
5V2
5j/4
1952.
1953
5
1954
1955
45/s
1956
,1950
83,475
4%
"Exclusive
of
net
loss
from
Ac-
sales
in
bank,
in
investments
interest
securities • at
•;
and
period
cost,
less
proceeds
V.
159,
p.
'
L.Lv.
A'.
July 20,
1944,
:
'
*
<.
,
redeemed
If
during
Sept. 15
Pet.
1945™
2»/2
1952,.
1946™
2 Vz
1953
2V2
1954
2%
1955™
L 1947
732.
; 1949
(E. & G.) Brooke Iron Co.—15-Cent Distribution— ?
The
on
directors
the
Sept. 20 declared a dividend of 15 cents per share
stock, par $5, payable Oct. 16 to holders of record
2V4
1956
i 1950
2 V4
,1957
1951
on
common
30.
ments
—V.
in
A
1943
similar
were
as
distribution
follows:
was
June 4,
made
on
June
14.
last.
Pay¬
15 cents, and Dec. 7, 20 cents.
159, p. 2076.
23-year
Dated Sept.
L
As
a
Brooklyn Union Gas Co.—Bonds and Debentures Of¬
A
syndicate headed by Harriman Ripley & Co.; Inc.,
1969
series
bonds
redeemed
12
Pet.
months', period
Sept. 15
2V»
2.
A
1% Li'.1%
vd
134
'
1*8 *.
on
or
Pet.
before
/
l
Sept. 15
Pct>
1964
1965
34
1966
1967
1968
V2
%
1958—___1 Ms
v "
1959
1%- ,;
1960
1%
*
196)
IV4
1962
1%
••
4
4%
1963
1
1969
0 /
Sinking Fund Debentures
15. 1944: due Sept. 15, 1969.
sinking fund for the retirement of
the debentures, the company
trustee (a) on or before Sept. 14. 1945, and on or
in each year thereafter to and including 1969. a sum
sufficient to redeem $150,000 of the debentures at the applicable sink¬
»will
to
pay
Sept.
before
fered—Halsey, Stuart & Co., Inc., headed a large group
of investment bankers that publicly offered Sept. 20
$30,000,000, general mortgage sinking fund bonds *3 V2%
series due 1969 at 102 Vk and interest.
.
L-V'-V7 !,*T.
the
;
2Vs
,
'
Sept.
1960
1961
1962
1963
: " '
Pet,
1964
1YS
1965™.™%
1966
s/«
1967
»/2
'.•••■
1968
%
;/,A 1969
0
thereof:
'
Sept. 15
/
%
on
Sept. 15
fund or the replacement fund;-, or ^
substantially all of the property subject to the
lien of the new mortgage shall be taken by exercise of the power of
eminent domain, shall be the following percentages of the principal
V
A/;. ?:
$41,738;
A..
:
2va
2'/s
17/«
ls/«
1%
before
through the operation of the sinking
•amount
Of
$4,-
accrued liabilities, $9,449; capital shares (260,860 shares, no par), $3,953,025; paid-fn
surplus, $239,890; earned surplus—deficit, $7,360; total, $4,236,741.—
payable
•,
or
on
Pet.
2 >/2
"in the event that all or
of' sale
total,
3*4
3
2%
redemption A premiums
f"; The
L
of
dividends, receivable,
$4,502,219), ;$4,169,101;
value
■
Liabilities—Dividend
"1; •";■ $424,430
during
Sheet, June 30,
$46,371;
market
rights (approximate
236,741.
securities
a/a-A'':. A; allAv::
1944
•"/•;*'->' ^ .V
$5,919.
Assets—Cash
of
1957™
LA:'
4V's
1951_
Surplus income at June 30, 1944
1958
1959
3%
43/<
period
Sept. 15
3Va
3%
1948
■
$507,905
l„™™„„
months'
12
Pet.
1947
.
-A
during
Sept. 15
Pet.
1949
424,762
i__„________
.':.
Total
redeemed
If
Sept. 15
$83,143
Surplus income at Jan. 1, 1944
amount thereof:
cipal
7,419
;;;3,695
;_™„™
.
redeemed at the
the following percentages of the prin¬
redemption premiums on the 1969 series bonds
.option of the company shall be
$94,258
.
1944;
15.
payable March 15 and Sept;
replacement
The
1944
»
like
upon
Trust—Earnings—
Account, (J Months Ended June 80,
*
Sinking Fund Bonds
due Sept. 15. I960.
A
15 at office or agency of com¬
Denomination of $1,000, rcgisterable as to prin¬
cipal only, and fully registered in denominations of $1,000 or multiples
thereof.
Coupon and fully registered bonds interchangeable.
Bonds
will be redeemable at option of the company as a whole or in part,
on at least
30 days' published notice.
Bonds will also be redeemable
applied to the Interstate Commerce Commis¬
issue $5,571,689 equipment trust certificates.—
securities™™™
450,0^0
605,000
225,000
Wisconsin Co.
New York.
in
redeem
Income
from
j
90,000
Interest
160, p. 979.
Income
90,000
605,000
180,000
75,000
Tucker. Anthony & Co.
White. Weld & Co
&
General Mortgage
pany
out¬
RR.—Equipment Issue—/
Boston Personal Property
120.000
300,000
McCormick
Dated
equal- to $17.82
$10,917,565 a
with
compared
each
on
75,000
605,000
90,000
Weeks™
&
Hornblower
75,000
605,000
Bros.' &. Boyce„
Stem'Brothers'& Co..
Stone & Webster ;iftnd
<•
Blodgett, IncLlLOL!™
Stroud & Co.. IndiiL.
Swiss American CCfp._
Stein
605,000 *
450,000
90,000
150,000
450,000
Co..
—
Deane &
Scribner _™L™^
'
Smith. Barney-' & Co;™
300.000 L
50,000
Havden.
1944.
Shields & Co
Co.,
& Co.™
A
Co
,/
Singer.
...
Forgan
&
Co,
75,000
&
Nolan
„>
90.000
90,00o
75,000
Robinson-Humphrey
Securities
Hallgarten & Co
realized profit
Riter
90.000
Co
'
&
Murch
Reynolds & Co
75,000
&
150,000
-
-
Co,
150.000
Sons..
V
,
-75,000
H.
Maynard
90,000
Inc.
to
Moore. Leonard &
' '"Lynch
450,000
Co...
Corp.
Folger.
year.
June 30.
on
&
♦
225.000
150,000
The Milwaukee Co.™™
a
1 •'
'
90,000
Co
&
Equitable
the
1944.
addition
73,000
;
$605,000
605,000
McDonald & Co.—
Co.™..™
&
Brown
AGlore.
in
Blair
,
™™_
90,000
A
•
.
$1,082,000
1,083,000
300,000
shown
are
Lazard Freres & Co
Lehman Brothers
Laurence M. Marks &
Co.
&
Ripley
Cruttenden
The
time
150,000
,
Boettcher
recently
company
for
sion
by a representative of the
Congressional group in Washington are
on Sept. 13.
allegations are a part of the Justice Department's attack on
a civil anti-trust suit liled in the Federal District Court for
100,000
—
Woodard-Elwood & Co.
&
•
„„_™™™™™
Kebbon,
Boston & Maine
corporation
Department of Justice before a
vicious and unfounded," E. R. Breech, President, said
100,000
100,000
Dabney
j._
Emerich & Co.,
Courts
1180.
earlier,
The
Corp.—Anti-Trust Charges Denied—
at
100,000
Westheimer & Co.™™_L;
Co.™
Inc.'
Inc.
standing.—V. 160, p. 979.
,
"The
Weil & Arnold—.
150,000
&
Allyn & Co., Inc.
William
1943.
the balance of undistributed income and
months
assets
each
year
t
value, and the regular quarterly divion the 5\'i%
preferred stock, par $50,
100,000
150,000
& Co
Stokes
Bacon. Whipple & Co..
Baker. Weeks & Harden
:
Blair & Co., Inc..
chiefly
1943,
of June 30,
as
during
gains
of
Dec. 31,
on
showed that
realized
six
$21,269;
directors
The
on
Watkins. Morrow & Co.
debentures,
A. C.
the number of units outstand¬
in
13.156
report
Balance
•
150,000
Ages &
F, S. Yantis & Co., Inc.
Alex.
capital
160, p.
Net
on
and
Barker Bros. Corp.—25-Cent Common Dividend—
100,000
Sterne.
Stix &r Co;_™™™
CO.
practically
maintenance
post-war
Leach_
150,000
Mellon Securities Corp.
*
Boston Fund, Inc.—Assets—
of the voting securities of the Baltimore Transit Co.
to 30%
:
■
100,000
Inc.
150,000
150,000
Underwriters
-
of unrealized
:;....
Maryland Public Service Commission has approved the petition
City Lines. Inc., of Chicago for permission to acquire
Hartley Rogers & Co—
Russ & Co
Sills,
Minton &
Co.,
'
Co.„
&
Watling, Lerchen & Co.
■
American
150.000
Gardner.
&
Simon
M.
L
100,000
100,000
100,000
100,000
Stringfellow™
&
Co..
$80,000
1944.
the
for
'Acquired by Chicago Concern—
.
O'Gaia
100,000
Quail & Co.™™„_^I A
/
1
Cabot—^
&
Alfred
of
100,000
100,000
-
' Inc.
150,000
Moors
Laughlin,
&
Inc.
Peters. Writer & Christensen, Inc.
F. L. Putnam & Co.,
&
* Co...^_™i
.Reinholdt
...
*
deducting
June
Prov.
Co.—30%
Transit
/
A. E. Maslen & Co
brochure
Copeland
Kendall.
150,000
150,000
Lillenthal
Hirsch,
,
__,i'™
175,000
roeder. Inc.
Hill & Co
•
&
Shaughnessy
-
Paul 8c Co.. Inc
Ellis & Ander-
Harriman
approximately
of
$10,624
"Net
Baltimore
119944658
Patterson.
100,000
'
* .
100,000
-™—
200,000
son
on
latest
Trust
its
Reconstruction Finance Corporation, as of Aug. 31. 1944,
a reduction of $107,040,029.
At Aug. 31, 1944. totkl
and
Park
200,000
-
A
,
100,000
Co.
Co.„
Hirshberg,
and
Co. L—
200,000
&
Corp._
100.000
100,000
Inc.
200,000
;
Thomas &
Co.,
100.000
Norris
"Ohio
inc.
Greert,
■
$565,764,149,
annual
200,000
Wachob-Bender
&
Inc.
200,000
W.
Merick
J.
100,000
Newburger & Hano.:
Co.,
Pierce
100,000
Co
Murphey. Favre & Co._
200,000
Inc.
to
President, died at Wichita, Kan., on Sept,
the Boeing Aircraft Co.—V. 159, p. 1858.
ing from the total of 19.061
V.
reduction
200,000
Louis
L
Rauscher.
an
from
result
a
adoption, the. total system funded debt (excluding publicly held Aug. 1
outstanding in the hands of the
was
Mather & Co.™
Ranson-Davidson
100,000
Inc.
&
Wm.
200,000
;
100,000
100,000
Mason.~Moran & Co.__
Co.
St.
&
& Co._
Monroe
.
Marx
Hutchinson
Sheldon
.1
Co
i
200,000
Mitchum. Tully & Co..
April 28, 1926, the Trust became an open-end invest¬
ment
company
in September, 1942.
The Trust now amounts to a
total of approximately $3,278,000, and has grown rapidly thus far in
1944.
with
the
current
iigure
showing a
gainA of
approximately
therefor
available
•
2CO.OOO
Nashville Securities Co.
story of cold
is used, and
Bliss &
by
.
Johnson,
G.
Organized
'
notes not yet presented for payment)
public
.
the
result" of
a
half
of
furid out of each year's earnings.
sinking
As
,
minimum
company's annual charges are reduced to $22,000,000; thereplan/'.provides for a reduction in the amount payable into
the
after
Corp..
Co.
.
a
'
& „Co.,
Townsepd,
32-page illustrated
new
This
how
underwriter.
:
the
be
Dickson
Cleveland
8.
Metropolitan
'
will
100,000
100,000
Morris
America—Offering—Public
additional issue of 60,005 units of benefi¬
cial interest of The Bond Investment Trust of America,
one of the
oldest bond funds in the country, has been
announced by Whiting, Weeks & Stubbs, the principal
,
ments
Foster & Marshall
Johnson. Lane, Space &
&
Bond Investment Trust of
■
•
extension
Frank B. Cahn & Co._
200,000
McMaster
also President of
was
offering of
•
.provides for the extension of the first mortgage bonds to July 1. 1970,
the extension of the Southwestern Division and Pittsburgh, Lake Erie &
bonds
100,000
200,000
.Ames,
Reconstruction Finance Corporation of a new collateral 'note
issue of the company to mature Jan, 1
1965, to refund the Aug. 1
•and Aug. 8 notes of the company now heid by RFC.
The plan also
Virginia
Brooke. Tindall & Co._
Inc.
on Sept. 20,
-chase by
West
it is,
160. p. 1076.
Philip
He
'••••;
White stated that in substance the plan provided for the pur-
Mr.
Steel."
what
Boeing Airplane Co.r-Obituary—
Roy B.
White, President, announced that a draft of a plan of adjustment, to
t>e carried out under the provisions of Chapter XV of the Bankruptcy
Act. had been approved, subject to drafting changes to be' made as
Following the meeting of the board of directors,
as
225.000
Co
.in. the following table:
Baltimore & Ohio RR.—Debt Readjustment Proposed
promptly
Co;
Braun.
First
first
has just issued
Finished
"Cold
Bingham,
100,000
250.000
I.
corporation
100^000
250 000
Tvson.
entitled
100,000
Barrow. Leary & Co._
Jack M. Bass & Co
Co.
250.000
R.
1179.
finished
Bankers Bond Co.. Inc.
Inc.__
&
City Securities Corp.™
Dempsey & Co
Bliss & Laughlin, Inc.—Issues Brochure—
>r
L 100.000
Bankamerica
400,000
Co
Starkweather & Co
>
it of
used
100.000
M
400,0C0
300,000
&
Gregory & Son.
2
be
Co.,
500,000
Arnhold and S, Bleich-
2033,
Room
1C0,000
&
Adams
Inc.
Thomas
mortgage and refunding gold bonds,
Company is inviting bids on the issue up to noon Sept. 25.
.
In
Commission.
Service
Ballou.
Inc
Newton
Walter
sinking fund 5% notes due June 1,
1947. have been called for redemption as of Nov. 15. 1944, at 100V2 and
interest.
Payment will bs made at the Fidelity & Columbia Trust Co.,
Fifth and Jefferson Sts„ Louisville, Ky., or the Guaranty Trust Co.,
140 Broadway. New York, N. Y.
1,
al'vL
V"
Holders may. at their option, present and surrender said notes at
any time at either of the aforementioned trust companies and receive
therefor 100Vi and interest to Nov. 15, 1944.—V. 160, p. 1179.
'v
to
10
Atwill & Co...
1,070,000
Co..
150.000
150,000
100,000
Mullaney, Ross & Co,™
the company's
$10,000,000
1,500,000
E.
M,
-
■>
& San-
ford
Co.
A
'.
White-Phillips Co., Inc.
Atkinson. Jones St Co.
Richards & Co.Welsh. Davis & Co.
9 to
Feb. 18,
from
Republic
Burr &
;
Hattier
1,500,000
Field.
Co..
whole
a
as
1,500,000
" ;
$150,000
&'Cummins,A "'
Inc.
White,
(Inc.)
Retire Notes—
To
'
Central
1974.
Public
101%
at
1968.
—V.
.
from
Alabama
the
due
at
company
$13,130,000
Hutton &
Pomeroy, Inc.™™™.
issuance of $10,000,000 first
and shortened the period for inviting com¬
five days.
The issue has been approved by
The SEC has approved
mortgage bonds,
the
Wheelock
Schoellkopf,
Rector
St., New York 6, N. Y,, up to 12 o'clock noon (EWT), on Sept. 25, 1944.
The coupon rate is to be specified by the successful bidder.*
by
Co.,
Thalmann
Li
Co.
A
,
.
&
Otis & CO
Oct.
on
several
Stuart
E.
will be used to retire the/ company's 5%
'notes, due June 1, 1947, and the balance will be added
to working capital.
Provision is. made for a sinking
fund of $62,500 a year to retire the entire issued by
All
no
par value
common
stock, payable
A similar distribution was made
April 24 and July 15, 1943.—V. 160, p. 351.
on
General Mortgage Bonds—The names of the
of
Inc.
Birmingham Electric Co,—Bids for Bonds Asked—/
1
the proceeds
maturity.-
outstanding
bid of 100.68.
Halsey, Stuart &
/;
of general mortgage bonds, and principal amount under*
by each, are shown*in the following table:
•
:
Ladenburg.
dividend of 25 cents per share
a
holders of record Sept. 30.
last, and
Sons
&
declared
20
*
100.90.
HaJscy,
aircraft
Sept.
on
Inc., bid
Underwriters
•
Co.—Sells Debentures Pri¬
vately—Company has sold to the Mutual Life Insurance
Co. of New York, through Blyth & Co., Inc., and J. J.B.
Hilliard & Sons, Louisville, Ky, $750,000 4% ; sinking
fund debentures due 1956.
Approximately $600,000 of
(B.
directors
the
on
$137,046
r
$0.92
common
351.
The
.
and Mellon Securities Corp.,
underwriters
Birdsboro Steel Foundry & Machine Co.—25-Cent Div.
.
1944
30,
charges taxes and res, for contingencies-™
share™-,
Met profit after
Earnings
Ended
Months
Six
for
Earnings
Other bidders
bid of 101.10.
a
written
industry are of a highly technical
character and have been created with unprecedented speed during the
past few years.
While Bendix Aviation Corp. has spent millions of
dollars each year on research and developments, has created some of
the most valuable of all existing aircraft instruments and devices and
is the undisputed leader in the field, it has always" been .alert to the
acquisition of inventions discovered by others both here and abroad.
This is the principal reason why the aircraft of our armed forces are
equipped with the finest instruments and devices in the world.
Bendix
Aviation Corporation makes no apoligies for its contractual arrange¬
ments; on the contrary it points to its record of achievement with
justifiable pride."—V. 160, p. 1076.
a" /
i '
in (the
on
The debentures .were awarded on a bid of 101.0796.
1942.
"Developments
13
bid of 101.0976 and the First Boston Corp., with a
a
Co..
corporation stated at the time the anti-trust action was filed
As the
in
with
Congressional Committee in advance of trial in court at which
has its opportunity to refute the charges."
a
awarded Sept.
were
for the bonds were Harriman Ripley & Co.
Bendix
time
bonds
The
agreements
before
*
4% sinking
fund debentures at 102.875 and interest.
a..'. ..-l/ivy-,a:1,
does not mention, as he did in 1942, that Bendix had
accuser
the same day offered $12,000,000 25-year
on
produce superior equipment for our own
to
with companies in Great Britain, France, Switzer¬
land and many other countries.
■'>'• "In the Siemens case cited, for example, Bendix had heard that Ger¬
many had a new and improved type of automatic pilot for airplanes.
An effort was made to
investigate It.
After necessary arrangements
had been completed it was discovered that the alleged advance was in
patent conflict with the Sperry automatic pilot; already in use in Jthe
United States.
It j& therefore not true and is misleading to allege that
Bendix did not obtain the objective sought in this matter.
"Throughout the years preceding this war, thq intent of Bendix in
its dealings with companies in foreign nations was known to our Army
and Navy.
The result is clearly reflected in the hundreds of different
types of equipment for aviation, ground warfare, marine warfare and
communications which have been developed by Bendix engineers
in
closest cooperation with the arrned services, and which are now helping
to win the war against the Axis.
Many of these instruments were de¬
veloped with the aid of information secured through the license agree¬
ments which the Department of Justice now has seen fit to drag out
1944,
15,
Sept.
Electric* group
"This
license
Associated Gas & Electric
the
of
trustees
ended
&
armed
with the
wherever it could be obtained,. This was done
world
being better able
services,
'7
of
aim
;.rr.
below.—V. 160, p. 1074.
Associated Gas &
out the
total cash consideration
a
.
Sale of Ohio Midland
company
Gas
for
Service Co.
Utility
Atlantic
of
of $1.
Monday, September 25,-1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1290
the
14
and (b) in addition on or before Sept. 14,
bfeore Sept, 14 in each year thereafter to and includ¬
ing fund redemption price,
1946,
ing
4
and
1969,
company
the
on or
a
sum
equal to 50% of the balance of net income of the ;
for dividends for the 12-month period ended on
available
preceding Dec. 31. remaining after. deducting from such-net
(i) the current fixed sinking fund payment with respect to
next
income
the debentures,
(ii) the current annual sinking
fund payments required
-
«•
■
,
.
,
all bonds issued under the general mortgage or under a
superseding mortgage, and (iii) the sum ol $400,000, provided that no
such contingent sinking fund payment shall exceed $400,000, all as
"
ispecified and defined in the debenture indenture. Sinking fund pay¬
ments may be made in whole or in part in debentures taken at the
sinking fund redemption price then prevailing.
The debentures may be redeemed, at the option of the company, as a
whole or from time to time in part, on any date prior to maturity, on
at least 30
days' notice by publication, at the following redemption
•
19467
with accrued interest to the date
prices, together
:
1945—105%
1946—105%
1947—105%
1954—103%
1950—104%
1962
1963
.1956—103%
1957—102%
debentures
The
subject
also
are
'
redeemed
If
"1945—102%
102%
102%
*1948—102%
102%
of
1961—101%
1962
101 %
101%
1963—101%
1969—100
Borough
of
.
.
,
.
the
the
6 Mos.
$13,860,651 $25,843,450
7,034.870
13,389,899
767,657
1,604,728
Prov.
for depreciation.
907,558
1,573,282
Amort, of light oil plant
51,686
103,399
General taxes
1,826,334
3,595,841
Operating revenues
Total
operation
$25,510,329 $24,948,753
13,164,465 13,121,761
"■Federal
$4,338,509
36,662
$2,439,539
$4,423,813
$4,375,172
•Int.
2,460,000
2,460,000
105,939
216,413
196,310
$1,103,599
$1,747,399
$1,705,712
$1,301,080
income
Net
.
*No excess profits-taxes.
(;
in
($1,310,000)
'
4
due
-
May
1.
.
-
Nov.
in
1944,
1,
-
(plus premium of $360,000 and interest)
trust to be applied to the redemption on or
of the 20-year 5%
debentures outstanding
to be
before
in like
amount.
Effect to Present
Giving
Capitalization
Financing
Authorized Outstand'g
teen. mtge. bonds, 3%% series, due Sept. 15,
•'.25-year 4% sinking fund debs, due Sept.
,1969
stock
(no
par)
$30,000,000
1,000,000
(shares)
Annual Dividend Basis—
-
directors
The
share
the
on
have declared
record Sept. 18.
t
giving effect to
into two shares
respectively.—V.
-V.
Development, Inc.—Dissolving—
William
year*
/
Dana
declared.
•
Central America,
the rates of
'
'
i
.r',
■;',/{ ;{;:'
i'..''''•-(
$7,727,448
2,187,026
29,
2,147,157
140,038 {•
309,674
890,495
37,215
...
953,373
74,262
75,326
74,097
110,149
1,294,627
991,437
$260,846
$272,157
$3,215,262
$3,387,691
111,820
1,341,837
1,475,262
tax-'
profits
111,820
{,
/
Trust
Colony
Old
trustee,
Co.,
Milk St., Boston, Mass.,
to
1,
45
18, 1944, offered to receive bids for the sale
general mortgage series M 3 % % bonds due Sept.
1972, to an amount sufficient to exhaust the sum of $67,000 held
the sinking fund, at prices not exceeding no and interest to Sept.
{1914.—V. 160, p. 827.
until
Sept.
of
noon
first
and
'Net
Earnings
common,
per
Public Service
Net
$2,700,785
226,674
1,949,253
1,792,295
$101,923
$124,403
$851,877
$908,490
128
5,130
$102,806
5124,531
$857,007
$910,945
24,331
44,528
195,474
360,593
22,000
32,200
206,000
210,500
$56,475
income..i.{_
Gross
$2,801,130
261,534
$47,803
$455,533
$339,852
$18,928
income—inc. (net)—
$351,077
$25,373
$151,424
$202,984
883
•
Deductions
inc.
Fed.
tax
income
Net
requirements,
Pfd. divs.
-V.
>.
2,455
•
•
(normal
surtax)
and
1944—8 Mos.—1943
$363,457
oper.
Non-oper.
Corp.—-Earnings—
1944—Month—1943
Operating revenues
Operating expenses
u
v
160, p. 1180.
Chain Belt Co.—Earnings—
Operations of
(Including
other
State
and
income
gen.
excess
(less
exps.
income
taxes
per
-
-
'',3,218,473
2,981,694
,3,77$,?22
'317,408
3,981,892
$875,912
$798,376
$934,497
$1.64
$1.92
3,681,727
6,688,201
502,377
share—
provisions for depreciation on
""After
1942
$8,200,873
$1.80
profits taxes
income—
Net
tNet
and
income)
inc.
Fed.
1943
$8,113,979
1944
$11,748,217
profit on sales
admin,
Sell.,
Baldwin-Duckworth Division)
Ended July 31—
12 Months
■"Gross
302,790
plants and equipment and in
$400,000 for inventory and general contingency
reserve, and in 1943 and 1944 approximately $615,0C0 and $1,167,000,
respectively, for special reserves. (Based on 486,775 shares outstanding.
1942
39,687,000 290,360,000 290,003,000
30,625,000 234,752,000 237,310,000
:•*•' $1.26
—
160, p. 724.
Central Vermont
1944—8 Mos.—1943
$
$
$75,735
■'
$0.68
,4 $141,246
and taxes—
share
Period End. Aug. 31—
s
1943
1944
Ended June 30—
profit after charges
—V.
consider a
in
21,
Co.—Earnings—
Central Republic
Year
Earnings— j.
38,300,000
32,417,000
182,827
requirements-
it,of
•
Split-Up—
the shareholders will
$676,445
176,480
D.
(normal
tax
divs.
The
i;
inventories, and
on
1944—Month—1943
$
$
revenues
55,608,000
9,062,000
5,883,000
62,693,000
approximately
Balance
Sheet, July 31, 1944
$2,496,954; U. S. Government securities, $2,907,497;
notes
and accounts receivable, less reserve, $2,601,903;
inventories,
$3,241,565; other current assets, $427,956; fixed assets (less reserve of
$4,756,163), $2,565,359; patterns and drawings, $1; deferred charges,
$157,820; post-war
Railway—Earnings—
1944
$6,269,000
earnings
1077.
• ,
*
1943
$5,786,000
'
a
group
of insurance
Carthage Mills,
companies.—V. 160, p. 1180.
common
Inc.—50-Cent Common
Dividend—
declared a dividend of 50 cents per share on the
par value, and regular quarterly dividends of $1.50
stock of no
share on the 6% class A preferred stock, par $100,
per share on
the 6% class B preferred stock, par
Oct. 1 to holders of record Sept. 25.
A distribution of
made on the common stock on July 1, last, as compared
per
ana 60 cents
$40, all payable
25 cents was
with 50 cents
1543 the following common dividends were paid:
25 cents each, and Oct. 1 and Dec. 10, 50 cents
April 1. 1944.
In
and June 30.
each.—V. 156. p. 1015.
on
April 1
foreign suMeriptions and
{;
notes
Company, Publishers, 25 Spruce St., New York
twice a week [every Thursday (general^ news
Great Britain, Continental Europe (except bpain), Asia, £
advertisements must be made In New York funds.
4 %f; X):- y.;i ,.i{
j .! i/,:; i-'t ! V'Ui;. ■" '
including income and excess profits
of $6,374,933), $3,565,058; reserve
tax accrual (less U. S. tax
Chateaugay Ore &
Papers
dissolving
Thomas J.
Curran,
Iron
contin¬
capital and surplus,
for inventories and
gencies, $2,312,327;
deferred income, $2,889;
$8,168,423; total, $15,398,696.—V. 160, p. 1C77.
Co.—Dissolved—
the 63-year-old company have
Secretary of State, at Albany, N.
been filed with
Y., by the Dela¬
according to Associated Press dispatches.
The mine property recently was acquired by Republic Steel Corp.
which had leased it from .the railroad in 1939..
The company was
organized in 1881 and was acquired by the D. -& H. in 1903.—
ware
directors have
refund and other atsets, $999,642; total, $15,398,696.
("VT" loan), $1,350,000; other current liabili¬
Liabilities—Bank loan
ties,
investment
by
The
.
•
Co.—Financing—
is
Patent Office) William B. Dana
Business Manager. -Published
r/r';'
111,975
$7,789,332
Tenders Sought—
160, p. 979.
Spain, Mexico and Cuba, $29.50 per year;
exchange, remittances for
119,369
$586,914
of
income
Net
reported that Smith, Barney & Co. are forming an
banking group to bid for new securities contemplated by this company
in connection with the refunding of $45,000,000 of 3%%
bonds now
i It
held
to pay all its
class A deben¬
(Buffalo "Evening News.")
Financial Chronicle (Reg. U. S.
President; William D. Riggs,
Sept.
Carolina Power & Light
■
:
Seibert,
South and
ations In
W;;
the letter
7,748
surtax)
excess
Pfd.
subdivision of one class can occur without
occurring in the other class.—V. 358, p. 1239.
revenue
Traffic
Development. Inc., "for a sum sufficient
liabilities" Dlus the $992.50 payment for the
Commercial and
subbdivision
—V. 160, p.
members" of the law firm of Welles,
Kelsey, Cobourn & Harrington, attorneys for the corporation, have
organized a corporation known as. the Buffalo Mt. Vernon Corp.
This
concern, formed several years ago, will purchase all assets of Buifalo
The
losses
Week Ended Sept. 7—
Trust
current
ture holders,
Fed.
No
Canadian Pacific
announced on Sept. 6.
by Ricaby-Mt. Vernon in 1923 had a total
value of approximately $1,000,000 and it is estimated that between
$1,500,000 and $2,000,000 was spent on the lake shore development.
No dividends ever have been paid on any of the corporation's securi¬
ties
which include B. C and D debentures, on which no liquidating
payments of any kind will be made.
Most holders of A debentures
are residents of Toledo and Detroit.
In a letter to
security holders, the Marine Trust Co. traced the
numerous difficulties of Ricaby-Mt. Vernon and Buffalo Mt. Vernon
Development Inc., in attempting to develop its properties successlully
and the eventual foreclosures by the County on all but 11 of the
Vernon
212,875
$7,677,357
Assets—Cash,
Co.. trustee, Buffalo, N. Y.
;
Securities sold originally
Mt
class.
Operating expenses
corporation, formed in 1933 as the reorganized successor to
the
former Ricaby-Mt.
Vernon Corp., is being dissolved and only
holders of class A debentures are receiving any liquidating dividend—
a total
of $992.50, or 1% of the outstanding issue, the Marine
-
235,360
$7,608,079
Xit-
•
inc.
and
annum,
each
by
Net
*'■
18,044
$668,697
9,145
amort,
of
Fed.
annual
any
Operating
160, p.' 979.
original 979 building lots.
The
letter said
"certain
post-war
Ltd.—To Vote on Stock
meeting.
Period End. Aug. 31—
This
r
112,302
278,306
income
D. & E.—-——
•
years 1941,
91,867
322,115
20,062
income—
Gross
Accel,
Sheet, June 30, 1944
Canadian National Ry.
1944, after
the "split up" of the then outstanding common stock
cf $1 par value for each share of $10 par value, were
cents, 30 cents, 35 cents and 15 cents for such periods,
Buffalo Mt. Vernon
-
$1, payable Sept.
of
similar
cents per
30 to holders of
quarterly dividend of 12%
the
stock during the fiscal
the six months' period ending June 30,
on
1943 and for
'equivalent to 25
a
par
: ^ .
common
,v
Dividends paid
1942,
stock,
common
share per
cast
.
6,720
26,866
$577,769
L———
•! Deductions
meeting four half-yearly cumulative preferential
dividends on class A shares remain unpaid, the class A shares will be
entitled to elect a majority of the board and that right will continue
until all cumulative preferential dividends shall have been paid or set
aside for payment.
No class of shares can be created prior to or on
equal terms with the class A scares nor can additional class A or B
shares be created without- consent of at least two-thirds of the votes
.^JEtyffalo (N. Y.) Bolt Co.—Stock Placed on 50-Cent
9,486
Portland
under
Non-oper
'
subdivide the 200,000 no par value issued shares into
par value shares which are to be divided into 400,000
par value class A shares and 800,000 class B shares, or two class A
and four class B shares for each present common share.
Under the new arrangement,
if accepted, class A shares will be
entitled to fixed cumulative preferential dividends at the rate of $1.50
trrV. 160. p. 3180.
7,214,497
1,261,725
28,630
Net oper. income
no
time
Fed.
taxes—
RR. lease
to
12,000,000
745,364
12,000,000
——_
-
Common
'69 $30,000,000
15,
—
taxes——
Federal
Rental
,
payable half yearly on April 1 and Oct. 1 in
'each year, commencing with April 1, 1945.
No dividend is payable
on
the class B shares until all cumulative preferential dividends on
class A dividends have been declared and paid or set apart for pay¬
ment.
Class B shares shall be entitled to receive 75 cents a share for
each
half-yearly period on a non-cumulative basis.
In any year
when $1.50 per share shall have been paid or declared or set apart
for payment on both the class A and B shares to the extent of $1.50
per share, all further
dividends will be paid in equal amounts per
'share on all class A and B shares without preference or priority.
In the event of liquidation or winding up, the holders of class A
shares are first entitled to unpaid preferential dividends and then
classes A and B shares would share equally, share for share, in all
distributions of assets.
Each shar^ is to carry one vote, but if at the
1957.
$18,000,000
(4)
deposited
annual
the
proposal
per
security
and State
no
interest thereon will be paid
outstanding,
are
1,266,775
Misc.
,
possible
for
reserve
1,200,000
,
1947. Interest on such bonds will
until maturity of such bonds, or as
from its general funds.
(3) $10,000,000 . (plus
premium
101,289
and war savings
(net), $1,006,709;
Canada Packers,
by the
* >
of $300,000 and interest) to be
deposited in trust to be applied to the redemption on Nov. 1, 1944. of
the $10,000,000 first lien and refunding mortgage bonds, series B, 5%,
they
7,575,449
107,565
.
.Government; securities.
,
(2) $6,000,000 to be deposited in trust with the trustee of the new
mortgage
in United States
of America 1%%
Treasury notes of
series B—1947, due March 15. 1947, to provide funds for the payment
at maturity of the $6,000,000
of first lien and refunding mortgage
as
584,846
taxes-
Social
plant, including' rearrangement, and,reduction of personnel, $1,230,000;
cardial stock
(276,000 shares, no par), $1,051,125; earned surplus,
$4,835,876; total, $17,516,009.—V. 159, p. 2189.
\
J
•
' '■ ■■' -:' i. ■
'
At
1944—12 Mos.—1943
$1,406,462 $17,099,645 $16,757,062
1944—Month—1943
31—
747,237
banks and on hand,
.
long
Co.—Changes in Indenture—
$1,490,74.9
State and munic.
agreement provides among other
$1,159,057;
approximately $8,033,000 from the gen¬
eral funds of the company, will be applied to the following purposes:
;
(1) $14,000,000 (plus interest to May 1, 1945) to be deposited in
trust with the trustee of the first consolidated mortgage, to provide
.for the payment at maturity on May 1, 1945, of the first consolidated
morgage 5%
bonds.
Money so deposited may be invested in U. S.
company
Period End. Aug.
Liabilities—Regulation "V" <loan notes payable to banks, with in¬
terest
at
3%,
$5,500,000;
accounts payable, $775,800; customers'
deposits,
$44,529;
accrued liabilities, $974,419;
reserve for Federal
income and excess profits taxes,
$1,945,203; notes payable to bank,
$41,944,281), together with
bonds, series A, 6%^ due May 1,
.not be deposited at this time, but
620.
p.
Operating revenues—..
Operating expenses —
*
securities (estimated
proceeds of the sale of the new
Purpose—Net
at
1948,
under
$2,475,536; U. S. Treasury tax
bonds (at cost), $1,5.09,948; ac¬
counts
receivable
amount lec.eivable under a war
production contract, $1,287,779; inventories, $6,033,138; tentative re¬
fundable
portion of prior year's Federal taxes on income due to
carrybacks, (based upon six months' operations to June 30, 1944),
$775,000;
post-war refund of Federal excess profits tax,
$605,477;
prepaid insurance, taxes, etc., $178,465;
emergency plant facilities,
$1,545,410; plant and equipment (net), $2,098,546; patents, drawings,
Jigs, dies, etc., $1; total, $17,516,009,
Other int. & miscell de¬
ductions
160,
except with the written
Assets—Cash
2,477,693
209,459
debt-
long term
on
its
12.—V.
Central Indiana Gas
,
loan
not,
notes
$3,975,084
1,230,000
income
refund of Federal excess
Under the terms of a guarantee
contracts.
Balance
103,127
$4,372,297
51,516
Co.—Hearing Postponed
the Holding Company Act by simpli¬
capital structure and redistributing voting power will be
at
a
reconvened hearing Oct.
16, the SEC announced
considered
Sept.
things that the company
consent of the guarantor and of the
'banks, pay any dividends, other than stock dividends, exceeding 70%
of its aggregate net income earned subsequent "to Dec. 31, 1943; provvided, however, that dividends may be paid in the first quarter of
each year in an amount rot exceeding 50 cents per share on presently
outstanding common stock.
• »_
-
3,484,135
990,000
24,095
$2,415,443
Operating income
(net)
fying
tDeficit.
credit of $108,178.
year's Federal taxes on income
unused excess profits tax
cipal amount of the loan.
$3,977,046
Z?rl,962
Other., income
Gross
1,204,000
857,100
taxes-
income
upon
may
1,731,936
1,540,745
104,124
2516.
p.
Company's plan to comply with
States and
Department
written demand by the banks v/ill purchase 80%
(percentage
be increased under certain conditions) of the then unpaid prin¬
The
3,554,596
1,185,000
159,
Central Illinois Public Service
between the Navy Department of the United
participating in the loan agreement, the Navy
banks
the
production
war
agreement
1,617,308
1,546,325
retirement
V.
$0.7.6
$4.21
Nil,;'.
L-.— .'.
interest
/canceled
,
Year Ended Dec. 31
1943
1942
Maintenance
276,000
276,000
1945, except that maturity may be extended to Dec. 31,
waived with respect
to suspended indebtedness
31,
and
will
'44 June 30, '44
f $424,692
276,000
refundable portion of prior
Dec.
served 777,454 active customers'
End 12 Mos. Er.d.
276,000
t$65,271
'
from industrial customers.
June 30,
276,000
$885,908
be withheld against
the
disbursing agent for the trustees.
Colony Trust Co., Boston, Mass.,
Old
against individual nonpartnerships foreign to
Distributions will be made by
fiduciaries.
certain
and
will be withheld
tax
Puerto Rican Victory tax will
a
-
Summary of Earnings
^
138,000
—
(no par)__
debt
$210,729
and
and corporations and
Rico
Puerto
Rico;
this year.
income
Rican
of
1 residents
•
which 735,347 were residential.
For the calendar year 1943
approximately 79%
of the operating revenue of the company was
derived from residential customers, 14% from commercial and miscel¬
V
15
Puerto
Renegotiation
meters, of
laneous customers, and 7%
April
The SEC recently approved certain proposals of the company which
proceedings with respect to sales made to Defense
proposed to purchase and retire $301,000 outstanding first mortgage
;Plant Corp. in the year 1942 have been concluded, and a cash refund
bonds and to change the indenture securing its remaining bonds to be
of $385,350 (provided for in a prior year) was paid.
. ,'{i
,
outstanding, effective Sept. 1, 1944.
The $301,000 of bonds are to be
With
respect to renegotiation,
the management believes that no
f: purchased at 102 and interest from March 1, 1944, to Sept. ,1. 1944,
.excessive profits were realized in the year 1943 and, on the basis of *
/and will be deemed funded.
Central Indiana and tne trustee were to
an estimate of the results of operations for,the year 1944, no excessive
enter into
a
supplemental indenture effective Sept.- 1, 1944. which
profits will be realized; consequently, no provision for a refund
would embody a number of changes, principally for the reduction in
.applicable
to either period has
been made in the accompanying,;,:
the annual interest rate on such bonds from 4% to 3%% and changes
financial statements.
in the optional redemption prices and the sinking fund; requirements
Company has entered into a loan agreement with certain banks
for the retirement of the bonds to remain outstanding.—V. 160. p. 827.
which provides for a line of credit not in excess of $10,000,000, in the
form of revolving 90-day notes for woiking capital for war production
Central Maine Power Co.—Earnings—
'
.contracts., The
agreement provides for the renewal of notes until
1966
;
stockholders.
and July 15,
Aguirre
Puerto
$1,161,908
($286,692
on
on
C. by the trusof the Central
A similar distribution was made on Jan. 15,
.
Cr204,122
of carryback of the net loss and
.credit, $775,000, less reduction in post-war
profits tax, $92,000.
-
1965—100%
comprising 30 of the 32 Wards, in
Brooklyn, New York, and two of the five Wards in
to
16
Oct.
jDr600,000
surplus
Associates—37^-Cent Distribution—
amounting to 37% cents per share will be made
shareholders of record of Central Aguirre Associates
■Sept. 30 from the net income of Luce & Company, S. en
tees holding the shares of that company for the benefit
A
by reason
transmission, distribution and sale of artificial gas
commercial, industrial and other purposes in a terri¬
Borough of Queens, New York."
As of Dec. 31. 1943, the company
$810,729
prof; tax-
of exc.
deducting
■"After
105 square miles
about
5,935,000
$957,786
L
(Tentative
Sept. 15 Pet.
1964
101
manufacture,
residential,
tory
refund
•Shares common outstdg.
102%
the
(*3,014,822
($286,692
——
'.{Earnings per share-
Company and Business—Company was
.for
pCr683,000
i—
Surplus
100%
1967—100%
1968—100%
1957;
132~000
dividend of 5 cents per share
distribution
A
individuals
incorporated in New York on
■Sept. 9, 1895, and is a public utility operating company without
parents or subsidiaries.
At and since the date of its organization the
-company has succeeded to or acquired by purchase or merger the
properties and franchises of all of the gas companies in the territory
'now
served
by the company,
the oldest of such companies having
been
incorporated in 1825. • The principal business done consists of
:
2~7~4~66O
Payments
and Oct.
•
a
to holders of record
share was made on June 26,
in 1943 were as follows: Feb. 19 and June 28, 5 cents
1, 10 cents.—V. 160, p. 1077.
J '
Central Aguirre
(
Balance, transf. to earned
Dividends
.i—.Cu--
period on or before
Sept. 15
Pet.
1958
101%
1959
101%
19G0
101%
,1950—102%
1951
f
Pet.
1952—102%
1953
102%
1954
102 %
1955
102%
1956—102
Sept. 15
Sept. 15 Pet.
"1949
12 ^months'
during
redemption;
to the date fixed for
"together with accrued interest
$6,877,729
-
profit-——
Post-war
through'
in part,
at the following redemption prices,
•{ operation of the sinking fund,
$4,246,608
15.
each;
1 declared
Sept.
on
stock, par 50 cents, payable Oct. 2
A distribution of 10 cents per
Sept.
$6,856,065
21,664
Approp. to ;res. for plant rearrangement and other contingencies—
1968—101%
1969
100 "
101%
101%
redemption
to
5,089
($901,242
68,440
tax—
-profits taxes—^
Net
$4,241,519
1967—100%
1961—102
103%
1955
1047/8
1949
Excess
($914,347
_■—
expense—
income
Federal
1,462,614
V 13,095
—
—lL—_
profit—
Interest
before
Sept. 15 Pet.
1964—101%
' 1965
101
A'm 1966—100%
1959
102%
1960U-102%
1953—103%
.1948—105%,
Total
.
fixed for redemption:
Sept. 15
Pet.•
Sept. 15
Pet.
1952—104%
:1958
102%
Sept. 15 Pet.
profit
(net)—
Operating
Other income
$8,318,679
1,167,576
directors
The
the common
on
last.
Selling and general expenses--.
•V
$5,409,095
$10,618,915
11,533,262
profit—
12 months' period on or
redeemed during
If
Gross
Corp.—5-Cent Distribution—
Centlivre Brewing
1942
1943
1944
6 Months End. June 30—
v
to
respect
Co.—Earnings—
Bullard
ending on such Sept. 14 with
the 12-month period
made within
to be
1291
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319V*
'
<y
.Volume 160
\
V.
&
Hudson RR. Corp.,
159, p. 4.
,
'
,
•
\
•
Inc.—Seven-Cent Dividend—•>.
The directors on Sept. 20 declared a regular quarterly dividend of
cents' per share,
payable Oct. 16 to stockholders of record
Sept. 30.
A similar distribution was made on July 15, last, as com¬
pared with six cents cn April 15. 1944.' Payments in 1943 were as
Chemical Fund,
*
seven
7, N. Y., BEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
®nd advertising issuje^ wlth^a^statisMcal issue °^JMonday].
THE COMMERCIAL & FINANCIAL CHRONICLE
1292
April 15, July
follows:
and Oct,
15
six cents each, and Dec, 27,
15,
Offered—
Chesapeake & Ohio Ry.—Equipment Trusts
issue was awarded to Halsey, Stuart
as l3/4s.
The same firm bid 100.183
214% coupon and maturing in one to
Other tenders for the issue were Harris,
Sept. 14 on a bid of 99.75.
Other bids re¬
Brothers & Hutzler, 99.529 for 1 /4s; Harris, Hall
fine.), 99.50 for 13/4S; National City Bank of Cleveland
99.75
for 13/4S, and Central Hanover Bank & Trust Co., 99.10 for l%s.
A
record for close bidding was chalked rp as two of the proposals were
identical.
The proposals, coming from Halsey, Stuart & Co. and
National City Bank of Cleveland, each naming a
1%% coupon to
set
the net interest cost on the certificates at 1.7986%.
Central
Hanover Bank
& Trust Co. of New York, naming a 1%%
coupon,
offered a net interest cost of 1.7998%.
Stated in terms of money,
the "spread" between this bid and the two identical bids amounted to
but 12 cents per each $1,000 certificate.
Award of the issue finally
went to Halsey, Stuart & Co., after the two;.leading competitors had
"matched" to break the tie.
The certificates will be issued under the Philadelphia plan and are
to be dated Sept. 15, 1944 and will mature $250,000 on each Sept. 15,
1945 to 1954, inclusive.
To be guaranteed unconditionally as to par
value and dividends by endorsement by the company.
Principal and,,
semi-annual dividends (March 15 and Sept. 15) payable in New York,
N. Y.
Denom. $1,000, registerable as to par value.
Not redeemable
issue
The
awarded
was
ceived were Salomon
prior to maturity.
The issuance and
by
;. >+■
>%■>/>%
these certificates is
of
sale
Report—
(The) Chicago Corp.—Semi-Annual
Richard
President,
Wagner,
follows:
$3.97
and
period
v
per
at
$50,25
per
West
Monroe
first
of
$15,000 principal
tendered prior to Sept.
amount
of
been
two
asked
to
124,
the merger of the business and
approve
subsidiaries
of
Columbia,
the United Fuel Gas Co.
V
v
-
The
plan provides that Warfield will pay a cash dividend to
Columbia, the holder of all its outstanding common stock, in amount
substantially equal to its earned surplus between Dec. 31, 1937, and
date of consummation of the proposed transactions.
United Fuel will
acquire all remaining assets of Warfield, in consideration for which
United Fuel
Warfield.
$1
dissolve
then
to
and
500.000
to
obligations
and
common stock,
indebtedness of
distribute
Columbia
shares
5,470
liquidating
a
of
from
stock
common
dividend.
stock
common
United
of
Fuel
will
310,000 shares, $1 par,
.
$1
par.
all
:
these ^transactions.
shares
of
United
Fuel
will
have
outstanding
common
stock
having aggregate par value of
$24,025,000 of 6% debt, all stock, and debt being held by
and $1,500,000 4% notes held by'<non-affi!iates.—V. 160,
$7,300,000;
Columbia,
829.
the
as
shares, $50 par, and issue 146,000 shares of common stock,
exchange for its then outstanding 305,470 shares of
in
par,
146.000
p.
will
Fuel
After
equity for the last 17 yeais, while one plan alter another,
reorganization under private owners, some for municipal
has been proposed. ^ The city recently has been pressing
its plans for acquiring all the lines and combining them with the new
subway system which was built with Federal aid, into a consolidated
5,470 shares of its
liabilities,
change its authorized
$50
for
Warfield
to
all
\; ;
common,
receivers in
Issue
assume
»After -United Fuel' ^acquires all assets of Warfield, the latter will
;
The Surface Lines have been operating under
will
and
par.
United
some
Chicago, 111.,
bonds of the
at lowest
St.,
mortgage
pifrehase
,
S■.
'y
*'i:
■;*.-J
.
^:r.r"'-.r:'?
ownership,
Commonwealth Edison Co.—Weekly Output— '
Electricity output- of .the Commonwealth Edison group of companies,
Excluding sales tp other electric utilities, for the week ended Sept. 16,
fapid transit system, surface, elevated and subway, - that would be
municipally owned and operated.
*
*
>
Judge Igoe declared his decision places no obstacles in the way of a
fair
consideration of proposals looking* toward municipal
ownership
and operation of the properties.
On the ether hand, he said, the
city and security holders are entitled to have all proposals by the
city embodied in a plan and submitted to the security holders under
the safeguards of the "bankruptcy law.
"Certainly the-: court," he said,
','must see to it that the views of the actuai owners of the .bonds
preference
The asset
after deducting the preference
which is the original stated value of $50
share,
properties
provide for
system for many years.
; value of the common stock is calculated
stock
(Colo.)—Tenders Sought—(
and Warfield Natural Gas Co.
The new order is regarded as a step forward toward ultimate solu¬
tion of the financial tangle which has involved the Chicago traction
$36,754,323,
to
amounted
The SEC has
,;
»
• >
S. Treasury tax notes of $509,000),
capital shares (par $10), $1,137,560;
Columbia Gas & Electric Corp.—Units Would Merge—
Railways Co., Chicago City Railways Co., and the Calumet
The proceedings do not affect the Chicago
Rapid Transit Co., the elevated lines, already under reorganization in
bankruptcy, nor the Chicago Motor Coach Co., which is solvent, and
which is owned 100% by Omnibus Corp.
;;
•
'
t
per share of outstanding convertible
share of outstanding common stock.
equivalent to $78.23
stock
the
of
end
the
at
assets
Net
•
i'•)
$597,155;
U.
of bonds so
19, 1944.—V.
1357.;.:*::: s,
•
Interstate
will
and
prices offered
p.
.
the Chicago
substance as
stated in
28,
Aug.
on
f
»f
»
(less
$35,686;
Utilities Corp.
corporation
South Chicago Railway Co.
the purchase
cost
to
above
Judge Michael Igoe in Federal Court, Chicago, Sept. 18 issued an
order placing the Chicago Surface Lines into bankruptcy.
The action taken under Chapter Ten of the Chandler Act affects
Interstate Commerce Commision.
The proceeds will provide
of new standard gauge railroad equipment, estimated
approximately $3,221,950.—V. 160, p. 1180.
„
%
the
for
Colorado
Chandler Act—
to approval
subject
taxes,
Troy. Graham & Co.. Inc., Ill
recently offered to receive tenders
Chicago Surface Lines—Placed in Bankruptcy Under
•
income
on
other
/
Commerce Commision;
Proceeds from these cer¬
the purchase of new standard-gauge rolling
stock, estimated to cost not less than $6,913,000.—V. 160, p. 1181.
the
tificates
,
,
taxes
surplus, $733,351; cost of 4,143 shares of treasury stock, Dr$65,total, $2,546,855.—V. 158, p. 1240.
A:',Vv '
897;
,
by
$143,747; inven¬
for losses),
a
.
Co.
allowance
earned
& Co., Inc. on a bid of
for the same issue carry¬
fifteen years.
J
Hall & Co, (Inc.), 99.53
for 17/bs, maturing in one to ten years, and 99V4 for 2'/4s,-maturing
from one to fifteen years,
and Salomon Brothers & Hutzler, 99.444
for l7,es, running from one to ten years.-.;:.;y^;-V-v-y...
The certificates
will
be issued
under the Philadelphia plan and
■will be dated Oct. 1, 1944, to be due annually $518,000 on each Oct,
1, 1945 to 1954, inclusive, guaranteed unconditionally as to par value
and dividends by endorsement by Chicago and North Western,
Prin¬
cipal and semi-annual dividends (April 1 to Oct. 1) payable in Chicago.
Denom.4 $1,000, registerable as to principal.
Hot redeemable prior, to
maturity.
"
The issuance and sale of these certificates is subject to approval
The
ing
(less
Liabilities—Accounts payable and sundry accrued expenses,
Federal
$109,000;
99.299
The First Cleveland Corp.,
Hill & Co., Mason, Moran & Co., Wm. J Mericka & Co.,
Inc., Mullaney, Ross & Co., F. S. Yantis & Co., Inc. and
Alfred O'Gara & Co., made a public offering Sept. 18 of
$2,500,000
1%% serial equipment trust ' certificates
(fourth equipment trust of 1944) at prices to yield from
0.85% to 1.925% according to maturity.
1
Scribner, Stein Bros. & Boyce,
trade
$460,327; post-war refund of excess profits tax, $54,634; prop¬
plant and equipment (net), $1,231,120; prepaid advertising and
display materials, $44,653; insurance, taxes, etc., $47,789; trademarks,
$1; total, $2,546,855.
,,
_V,V;-iv..; ','
erty,
,
,
receivable,
tories,
Mul¬
laney, Ross & Co., and Alfred O'Gara & Co., on Sept. 18
made a public offering of $5,180,000 1zk equipment trust
certificates at prices to yield from 0.90% .to 2.10%, ac¬
cording to maturity.
''
•
Mason, Moran & Co., Wm. J. Mericka & Co., Inc.,
Halsey, Stuart & Co., Inc., Hornblower & Weeks, Otis
& Co., L. F. Rothschild & Co., Bioren & Co., Gregory &
Son, Inc., Moore, Leonard & Lynch, Peters, Writer &
Christensen, Inc., Schwabacher & Co., Singer, Deane &
&
F. S. Yantis & Co., Inc., Bioren & Co., Hill & Co.,
ner,
year-end of 10 cents.—V. 159, p. 2631.
a
Monday, September 25, 1944
accoimts
showed
2.8%
a
increase
corresponding period of 1943.
Fol¬
of the past four weeks and
the
over
lowing are the kilowatthour output totals
percentage comparisons with last year:
Week Ended—
1
Sept. 16,-_
Sept.
9
Sept*
•
1944
-
z
•
^
1943
4
190,308,000
377.493,000
'
% Change
185,138,000
172,454,000
184,571,000
186,631,000
+2.8
+2.9
•
the dividend accrual from June 1, 1944, of 25 cents
185,582,000
+0.5 ^
control."
per share.
:
Sy!
Aug.
26
185,876,000
—0.4 *
During the six months ended June 30, 1944, there were purchased
Judge Igoe directed the trustees he appointed to proceed with
—V. 160, p. 1181..
for retirement 500 shares of preference stock at an aggregate cost of
formulating plans for the eventual, disposition of the properties, and
$22,618.75, or an average of $45.24 per share.
.>
V--.;. said he was satisfied such reorganization would-be expedited through
The pipe line of Tennessee Gas & Transmission Co., a subsidiary,
Commonwealth & Southern Corp.—Weekly Output—,
procedure under bankruptcy. . This, he said, -can be accomplished
either with or without tne consummation of the* city's proposals for
is in process of construction and approximately 1,000 miles of line;■
The,- weekly" kilowatt hour output of electric energy of subsidiaries
has been laid, out of a total of 1,263 miles.
It is believed that testing
'municipal ownership.
f-»:>ii-'A
of this corporation
adjusted to show general business conditions of
••
As trustees of the Chicago Railways he.named Thomas J.. Friel and;:
can be completed and deliveries of gas begun in October, which is well
•territory, served for, the4 week; ended Sept. 14, -1944, amounted to
before
Charles <2;,Renshaw, and of the. Chicago City Railway and Calumet ;
the time determined by the War Production Board as the
; 255,736,206
as compared with 248,084,727 for the corresponding week
and South Chicago Railway, Edward J. Fleming and Charles H. Albers.
beginning of the critical period, for gas supplies in the Appalachian
in 1943, an increase of 7,651,479, or 3.08%.—V. 160,
p. 1181. '
;
area.'
v.r<v
v; >v' /-'*.•/ • ,V;
V'; •,%y%
jyX He directed these four trustees with John E, Sullivan to constitute a
( .The
Chicago Corp. continues to: guarantee notes payable of .the
.joint board of management and operation, oL.the Surface Lines, with
Tennessee Gas & Transmission Co.
Commonwealth Utilities Corp. (Colo.)—Tenders Asked
Mr. Sullivan as Chairman.—160. p. 724.
up to $4,000,000 as it needs to
/j
borrow1 from banks in anticipation of disbursements by the ReconTroy, Graham * & Co.; Inc., Ill West Monroe St„ Chicago. Ill,,
'struction Finance Corporation or investment by stockholders,>
•per share plus
.
.
—
.
,
•
•
Co. has obtained a tax amortiza¬
The Tennessee Gas & Transmission
;
tion
from
certificate
the
War
pipe, line company will be permitted
five
of
Net profit
Earnings per common share—
.
and interest obligations
principal
While
.
and
board
your
sales,
gas
first
most
important
$2,300,000, was
subject
1943
were
title
to
probably be completed by the end of the .year.
H.'ft
^'The- Chicago Corp. now has available.to it total gas
well
are
in
quate! for
any
ment® are
interests
are
reserves
owned**
now
in
reserve, areas
other
than
in
those
vol.
Gross
,-•?
Net
Net
of
after
I". i944—Month—1943
business,
profit
&
exp.
taxes
* 1944—7
"
Mos.—1943.
of
119,400
tion, amortization, interest, etc.
The monthly reports do not
from capital losses in
which
estate' and
similar
Drl0,760
527,417
:
355,657
after,.deducting deprecia¬
Provisions
reflect'adjustments
to
Federal
taxes
income
on
Net
-
operated in July
"
Net
unnecessary
Interest
$166,542
Dividends
—V.
'" IS* ;r
66, against 77 In July,
470,947
•■Net
458,170
294,442
income_______^_..
Miscellaneous income
Total
Gen.
1,944
income
and
Registrar
$903,603
59,155
64,369
and
transfer
•"
YAK
Net inc.'
1944
and
54,000
to
oil
and
$937,567
705,510
gas
$763,810
'
713,685
division,
less
!
$441,897
j
$18,889
*
54,000
"'
1943
512,245
and
$38,510
and dividends from majority owned or associated oil
companies included in'interest and dividend income above.
gas
yy.;:-'yl'-y^i',
Accrued
stock,
$1,677,301
and
declared
dividends, etc....
175,690
6,831,720
last,
630,000
Reserve
$33,376,663 $31,566,296
for
etc.*-^_^__fc_
taxes
$46,294
-
296,190
297;006
$0.57
I-'545.884
515,276
$1.10
S0.98
■.
President, announces that the directors on
quarterly dividend of $1.75 per share on the pre¬
Sept.
20
14.—V.
holders of record Sept.
to
160,
'
since
stock,
1937, when 62Va cents per share was paid.
directors
the
7%
record
also
declared
the
preferred
Oct,
20..-
of
$3
$100, and of $3.50 per share
par
stock,'par $100,
^
•
.
dividends
semi-annual
usual
both
payable
1 to nWfiers
Nov.
.•
.
,
Changes in Personnel—
,
special dividend of 30 cents per
payable Oct. 27 to holders of
a
$30,
par
This is the first distribution to -be made on this issu^e
-
share on,the 6% preferred stock,
on
of
Sept. 15 declared
on
common
13.
July 15,
The
"
'
the
on
record Oct.
for
Common
stock
($1 par)_i.U—»_
Capital surplus_____
.Undistributed income
Treasury
Security
common
profit
in
each
on
Dec.
stocki.„^_»___
surplus-——.,.
and
$193,967
The
directors:*
141,970
able
tion of such dividends
on
Feb.
1. May
Aug.
1,
1
and Nov.
cents
was
—v,
648,686
14,542,063
T;
jriT
><;,.•
,
-
'}60, p. 1077.
.
.
or
associated
oil
companies, other than those included below life relating
division, $7,359,382*
tRepresented by 474,790 no par
shares in 1943 and by 469,840 no
par shares in 1944.
tAs follows:
Bonds (market value,
$265,930), $214,675; preferred stocks (market
and
gas
„*L171,475), $1,055,826;
common stocks (market value, $23,240,544), $20,573,254; stocks and notes, $1,184,435.—V. 16Q p, 116.
Gross
profit
from
1943
.
$1,460,427
oper.
41,129
42,402
■*.'
$618,989
56,106
Profit
from
$960,856
oper
$762,126
$1,419,298
$576,587
Prov.
for
Fed.
taxes
(net)
-
*
*330,500
835,000
;"V:
86,601
77,841
$$497,697
&
adm.
income
•
$336,460
328,839
328,839
.
-
&
come
State
of
per
♦After
surplus
$48,383
capital share
$41,000 post-war
$7,621
$3.00
refund
of
$168,858
$3.87
.$3.07
excess
profits
taxes
in
$60,907
$3.55
1944 and
$13,500 in 1943.
to
tAs reported in 1942.. ^Adjusted net profit amounted
$425,197, equal to $3.87.
'
•1
;
Balance
Assets—Cash
on
hand
Sheet, June 30, 1944
and
demand
deposits
*•
*
.
;
of
Co.
a
Louisville, Ky.,
trustee
substantial balance in the
of bonds
on
Oct. 3,
1944.
1942
1941
$50,257
$49,662
$46,386
22,980
20,486
20,645
10,160
f';y: 10,244
10,389
240
*--11,109
:
9,119
10,169
2,153
____
X ■
net
value of bonds were
to
.1 : >1943
fur-
taxes—est.
Final
75
8,929
;
Ky. in-
profit
.
-
•
•
A
,
•'«
•
;
2,856 "
:
V
966
2,587
for
period
$1,819
$3,852
$7,076
$4,676
Comparative Balance Sheet At June 30
Assets—
Earns,
-
year $13,050 par
..
Depreciation—bldg
nishings, -etc.
328,839
$377,222
Trust
retirement
26,348 '
exp.___^_'
order of OPA
on
the
Net
Dividends paid_^_w_
829.
will have
$50,392
$389,746
328,839
>,
p.
1944
exps,______
109,000
95.166
*583,634
■
death
160,
&
•
Other expenses
the
for the
income
Total
1941
by
Bank
used
Rent refunded to tenants
:v? i-■:
becomes
;
Apartment Co.—^Tenders—Earnings—
National
9 Mos. End. June 30—
Fed.
•
created
to exhaust the sinking fund.' Last
purchased at prices ranging from
Fixed
+1942
-v
who
has been elected a director
of F. E. Wilhelm, and alsp
tenders must be in the bank by 11 a.m.
All bondholders have
privilege of. offering their bonds for retirement.
Offers should be
made-to the trustee, who will accept those offered at the lowest prices
■
55,353
Liberty
Cudahy,
A.
.
Vice-President.—V.
Total
$818,232
$1,016,210
oper.
Depreciation
Balance,
Chicago & North Western Ry.—Equipment Trusts Of¬
fered—Halsey, Stuart & Co.,' Inc., Otis & Co., L. F.
Rothschild & Co., First of Michigan Corp., Gregory &
Son, Inc., Schwabacher & Co., The First,1 Cleveland
Corp., Hirsch, Lilienthal & Co., Singer, Deane & Scrib¬
vacancy
a
E.
the
v.;" vJ,J.;
1944
succeeding
,
Sealed
1944
1943
-I-- $37,533,000 $34,138,000
.
Vice-President and Manager of the pork division,
General. Superintendent,
sinking fund to be
of each year upon declara¬
1
a
President,
for the Cumberland bondholders,
(market
to
Hodgert.
the
The
'
Clorox Chemical Co.—Earnings—
Bonds
(market
value
$135,362),
$84,422;
preferred
value, $889,887), $714,827; common stocks" (market
$20,157,621), $16,479,961; stocks and notes of majority owned
elected
made
wps
also
'
.
—$33,376,663 $31,566,296
follows:
10
fill
to
and June 30,
Dr25,210
17,021,779
31
initial
an
640,064
Dr24,020
March
on
L.
C.
16.
by the board of directors.
Years End. June 30—
Total
declared
20
7 Months Ended Aug. 31—
Consolidated
net
sales——-
3,337,506
232,057
,
record Sept.
Hoffman,
been
Chairman of the board.
quarterly dividend of
12V2 cents per share on the 1,209,540 common shares and 400,000
class A shares outstanding.
The dividend will be. payable Nov, 1 to
holders of record Oct. 10.
Quarterly dividends will thereafter.be pay?
218,750
537,340
made
in 1943.
An extra of
1943.—V. 157, p. 8.
;
Sept.
on
11,868,500
3,337,507
'•tr-r
were
holders of
to
Sept, 30
quarter
27,
has
share has been declared on the common
cents each
15
218,750
260,955
per
payable
11,746,000
v.*
r_
Defer red purchase obligations—
^Convertible preference stock;
value,
80,576,311 .75,526,424
*
City Stores Co.—Initial Dividends—Sales Up—
Liabilities—
*As
-ynrVS
>
,
,
'
-Earnings—
,,1944—6 Mos*—1943
$13,376,486 $11,832,663
00
Jr..
a
Cumberland
■
—
Accounts- payable,
of
4,518,4i4
2,220,00C
S.," Treasury certif*
value,
par
disbursed
122,391
oil and gas division_.._„
no
Distributions
*24,638,592 $23,028,190
interest
assets relating to
stocks
called
*
-
Fred W.
-1943*>'
$1,100,661
Total
-
been
9,523,128
share
per
.A dividend of 25 cents
1944
•
—
Investments
,
have
Cross
payable
The directors
1944—8 Mos,—1943
$485,006
$500,282
''
O.
stock,
622.
p.
Cincinnati Union Stock Yard Co.—Larger Distribution
Comparative Balance Sheet, June 30
Cash
;
r
Subs.)
2193.
16 declared
ferred
redemption as of Oct. 1, next, $60,000
of outstanding first mortgage 6%
geld bonds, series B, due April 1,
1955, at 10334 and interest.
Payment will be made at the Guaranty
Trust Co., trustee, 140 Broadway, New York, N. Y.—V. 160, p. 828. ,
$513,812
720,142
in
-
decrease
a
Cudahy Packing Co.—To Pay 30-Cent Com. Dividend
$62,200
$61,023
10,020,084.
week of last year,
interest
Assets—
U.
-
i.There
divy paipiL_r,
P
Net
21,051
24,423
54,000
to
surplus
Rev. passengers (no,)—
IrPiriHnifice'st
"Relating
in
21,424
1944—Month—1943
31—
Bonds Called—
diYfaertcl^il_—
and
Preferred
Period End* Aug.
81.950
Balance
'78,000
'
—"wr-;wr:-
appearing
Cincinnati Street Railway—Earnings—
$670,814
$600,127
79,806
22,883
Li H V ■
f
~~1~767
,
corpora¬
(The) Cross Co., Detroit, Mich.—Preferred Dividend-
under this heading in the "Commercial and
Financial
Chronicle"
of Sept.
4, 1944, page 980, should have been
given under the heading Cincinnati Street Ry. Co.—V. 160, p. 980.
V'
agents' fees,.
Tft
1,455
above
"
>r $0.61
v:
.
shared
com,
159, p.
Sept.
item
The
578,86.7
520,561
29,476
•
$1,09.7,612
admin, exps._
$90,180
'
1944—3 Mo,
—
per
Milton
Cincinnati Gas & Electric Co.—Correction—
1941
$48,634
$52,783
556,378
.
1942
.
corresponding
profit after charges
Earns,
be¬
7
was
the
^^$7,i32,15§!w$'
sales
$>•.: and taxes
believed
is
for
160, p. 1182.
Creameries of America, Inc. (&
surplus arising
'^
of deductions allowable for tax purposes;
cause
which
for
The number of stores
1943.
the
of
1943, a decrease of 20.1%.
Local
electricity amounted to 165,900,000 kwh., compared with
Period End. June 30—,
connection with rejection of leaseS, sales of real
Items.
1943.—V. 160, p. 980.
,y
bonds
579,228
741,682 Aa
22,666
.yfo:: 75,229
16.5%'.—V.
Earnings for Six Months Ended June 30
1944
debenture
of
corresponding week of
198,700,000 kwh.
$1,646,632 $11,721,717 $11,430,447
$1,674,977
for the
distribution of
The net profit includes other income and ,is
:
*
(& Subs.)—Earnings—
Period End. July 31-r-
of
contemplated
f
Childs Co,
requirements under present contracts and ade¬
reasonable expansion of sales.
No additional invest¬
excess
tenders
The company on Sept. 20 announced that system output of elec¬
tricity (electricity generated and purchased) for the week ended Sept.
17, 1944, amounting to 171,800.000 kwh., compared with .214,800.000
kwh.
management, looking toward possible expansion of
It advisable to acquire additional gas acreage,
of the year certain purchases have been made, the
of which, involving a consideration of approximately
negotiated after June 30. ; This purchase ie
still
examinations and certain other conditions, but will
receive
to
Consolidated Edison Co. of New York, Inc.—Output-^-
$237,738
$0.91
$0.73
v■■1 ■■.v.
by and available to the Chicago
sufficient to meet sales commitments,
owned
gas
deemed
the
Since
of
the end
Corp. at
6'f
offered
tion; prior to Sept, 19. 1944. and to purchase $12,000 principal amount
of said bonds at lowest prices so tendered.-r-V. 159, p. 1969.
*
,
$188,798
-*-V. 160, p. 6.
the Reconstruction Finance Cor¬
to
I?'y'Vy
.;.ri
total reserves
-
_
years,
poration.,
6 Months Ended
Net profit before taxes—■ $444,465*
>$593,297
Federal taxes *
J
' 255,667 '
355,559
to charge off, over a period
before computing Federal' income taxes, an amount
equal to 30% of the cost of the line.
This additional amortization,*
-together with normal depreciaticin charges, assures Tennessee Gas &
Transmission-Co. of sufficient- net cash -income to meet its annual
'the
Chicago Yellow Cab Co., Inc. i& Subs.)—Earnings—
Jun^ 30—
*
■:
•'
•' 1944
•
1943
!
which
the terms of
Department under
Cash.
1944
funds
on
deposit:
Investment
Fixed
assets
Deferred
;
(less
charges
depr.
res.).:
$2,915
288
299
13.262
receivable—
1943
219
■
Accounts
Trust
■'
$2,732
■
20,604
29,285
289,128
298,173
305560
663
378
814
$311,027
$322,358
$339,097
.
1942"
$3,138
5,023
,
in
banks,
$564,585;
Total:
r*
^
1293
•
Y
Accruals
"
5,931
6,017
6,608
781
899
stock
_Y
4,117
60,437
announced
was
Period End. June 30—
taxes
before
■
$253,165
$569,162
$526,538
117,000
147,000
332,COO
312.000
Earns,
$106,165
$0.57
$237,162
$1.24
:$1.12
.
—V. 158. p. 2250.
&
Delaware
■
Hudson Railroad Corp.
The ICC on Sept. 12 approved
:
and
ment
of
by
acquisition
operation,
control
indirect
the
Merger, Etc.
—
and authorized:
,
the Rensselaer & Saratoga . RR.
; il> Merger of the properties of.
into the Delaware & Hudson Railroad
Rensselaer
Corp.
the Delaware & Hudson Co. of
Saratoga by operation of the
-/
7
.
director,,
a
^
to announce a refinancing plan involv¬
retirement of the $1,417,650 first mortgage convertible 5%
bonds of 1953, and possibly the 12,436 shares of 5%
($20 par) con¬
vertible prior preferred stock.
Just what form this financing will take
•is not revealed at this time. «
' rYY'Y:"" Y' •'
•
^
It
is believed
that such financing arrangements as are made by
Eastern will include provision of some new money for post-war expan¬
sion of the paper division.—V. 160, rp. 726.
•
corporation is expected
The
the
ing
succeeding Philip S.
Ry.—Refunding Plan-
Massachusetts Street
Eastern
' '
■-
•
is filing with the Interstate Commerce Commission an
/application for authority to issue $5,950,000 general mortgage
bonds to be dated Sept. 1. 1944, and due March 1, 1962.
Underwriters of the proposed new issue are F. S. Moseley & Co,,
First Boston Corp., and Kidder, Peabody & Co.
: •
Proceeds of this financing will be used to retire $5,950,900 existing
company
4%
7
Corp.—Changes in Personnel—
where
offer
make a prepayment
bonds will be called
1; 1948, where callable, or to
non-callable.' The $4,535,000 4Vz%
Jan.
due
bonds,
and a prepayment offer will be made to the
non-callable $518,000 C 6s,/the $404,500 i) 6s, and the $465,000 pre¬
ferred E 6s.—V. 160.- p. 982.
:
' ■;«
/'/..Y-.--
Laboratories, Inc.—Registers With
(Allen B.) DuMont
Corp.—Refunding—
;Y Eastern
=/7.,:=->7
103
of Jan. l; "1945.
as
,
largest manufacturer of television receivers
in
the
United States,
has made arrangements with Van Alstyne,
Noel & Co. and Kobbe, Gearhart & Co., Inc./for the sale of 225,000
shares of class A common stock, according., to a registration state¬
ment filed with the SEC Sepb. 14i
The stock will be priped. at the
market at the time of the offering.
'
■
:
'»
;
The company intends to use the net proceeds from the sale of these
shares, together with other funds, for the production and sale of
television
transmitters and television receiving sets when priority
restrictions are removed or modified.
These funds also will be used
for the construction and operation - of-television broadcasting stations
and for the development and expansion of production facilities in the
fields of electronics. "*•
,v
*
■ Y
■
The funded debt and capitalization of the company upon completion
of. this
financing/will, consist ...of $25,225 of mortgages, payable;
1,046,040 shares of class A common stock; and 560;000 shares of
class B common stock.; All of the class B stock is owned by Para¬
'
The
company;
second
.
'
Earnings
second
tional
—:—Thousands of Kilowatt-Hours—
—
—2:9
—8,1
+ 1.0
—5,536 !/
94,059
? 192,970
102,998
Li^ht^Co.^" 102,618
.101,565
Corp.—
Changes
Pet.
Amt.
' -1943
Subsidiaries of—Y '
"1944
Power & Light Co.—Y 187,434
National Powb'r &
—8,939
+1,053
not include the system inputs of any com¬
in! both peribds.^y.,'160,'p. 1183. /Y1 y ) -r
do
above, figures
panies not appearing;
.YV'Y'Yf-*YY/Economy Grocery Stores Corp.—Earnings— >
'
v
/
companies);''"^";1:-""77"
1.—
'
follows:- yx-..
Electric Power & Light
The
client oper¬
Ebasco Services Inc., which are subsidiaries of
Light Co., Electric Power & Light Corp; and Na¬
Co., as compared: with the corresponding week
during 1943 were as
American
the
& Light
Power
Operating
Yv-:/3';;'::?3;^3;.:';3:iY3/;:l33-/;/.;v;r. c?-s;33L\';.,3;3'/'-3£^Y;
, w ; *;, « - ■
,,
Preferred Stock Retired—The remaining 10,uuu shares of preferred
stock outstanding were called for redemption on Aug. 15, 1944, at $115
:-33;
-■
Corp.^-Annual Reports—
Duplan
the system inputs of
Sept. 14, 1944,
per
in
v7;:^7-'-77:;
Input—
Services Inc.—Weekly
the week ended
ating companies of
American Power &
Central Hanover
$2.93
$1.41
or
■;; i h
Bank & Trust Co. announced on Sept. 20 that
Federal Judge Gorman H; Nordbye of the U. S. District. Court - for
the District of Minnesota at Minneapolis has directed the payment of
interest for 1937 on the first mortgage 5% bonds in the amount of $50
on each
$1,000 bond.
Payment will be made on and after Oct,
V. 160, p. 982. y
'
>
$994,798,
1944,
June,
Ebasco
For
Atlantic Ry.—Interest—
Duluth, South Shore &
The
1942
$2,064,835
$2.83
quarter net profit was
against net protit of $1,064,740, or $1.51 per share
quarter of 1943 —V. 158. p. 2467; V. 159, p. 1759.
share,
*■':v7;:;
389..,3//:;:YY;'7777.3;
common
per
the
For
of tele¬
the
1943
$1,989,596
•
.///> /
1944
and taxes- $1,964,989
share
•
; $2.77
Ended June 30—
profit after charges
Net
pany's interest in it will bs of material beneiit when
use
vision increases, and enable it to determine policies which will result
in
better entertainment for its future television audiences—V.
158,
P;-v
Manufacturing Co. (& Subs.)- —Earnings—
Eaton
6 Months
icels that the Paramount com¬
The company
Inc.
Pictures.
mount
Western RR.—Merger Au¬
-
V', "'-Y '''' ' / 'V/
Y'"'^
,
Director—
SEC—
•vdefinitive Bonds—
Yy The definitive first and refunding mortgage 4% bonds, due by
extension May 1, 1963, are now available for issuance against surrender
of exchangeable bonds in temporary form, at the City Bank Farmers
Trust Co., trustee, 22 William St., New York, N. Y.—-V., 160, p. 1182.
•-
1440.
at
panies.
*
$55,800 Bonds—
of
p.
elected Vice-President. He retains his position
as
Treasurer.'
C. 'A. Hill, former Secretary and Auditor, has been
appointed Comptroller:
C. E. Walker, former Assistant to the Presi¬
dent. becomes Secretary and Auditor;
W. T. Conlon becomes Assistant
to the President.—V. 159. p. 1759. 77;77"7VV:';Y,'"
the premium if any, and the interest
and
not exceding $1,852,000 of Rensselaer
&
Saratoga -Rail
1st mtge. V/c-bonds, and to issue in exchange
therefor and upon cancellation thereof an equal principal amount of
first-mortgage 4.% bonds; and (c) to issue at par a promissory note
In the face amount of not exceeding $8,729,200,
and to apply -the
proceeds to the purchase of Rensselaer & Saratoga general-mortgage
bonds due 1975.
v
<
*
(4i Authority granted to the Delaware & Hudson Co. to-assumeobligation and liability, as guarantor, in respect of the payment of
the interest and sinking-fund payments, including payments to retire
Rensselaer & Saratoga 1st mtge. 4$ bonds, on not exceeding $8,729,200
of gen. mtge. bonds due 1975 and $1,852,000 of 1st mtge. 4%. bonds
of the Rensselaer & Saratoga, or bonds issued in substitution therefor,;
all in connection with the merger of the properties of the two com¬
Delaware, Lackawanna &
;
L? A.' Mertz has been
payment of the principal of,
sinking-fund payments on,
thorized—
$0.45
taxes resulted from
of the profit before
"Eastern- Car Co., Ltd.—Calls
>fr
,
has been elected
resigned.—V. 157, P. 1423.
Dravo
;■
4
the
w.
Frieder
Alex
Frieder,
129.321
——
.
but not ready for
Dow Drug Co.—New
;
&
modification of the leases under which the Delaware &
Hudson RR. Corp. operates the properties of the Rensselaer & Sara¬
toga and. as assignee of the latter, the properties of the Saratoga
& Schnectady RR., Albany & Vermont RR., and Rutland & Whitehall
RR.
,v, Y ,:r*;Yv.yy
;y/yYY*;y'j
;YY -yY Y':'Yv.Yy; YY'iy
(2)
Authority granted to the Rensselaer & Saratoga to issue not
exceeding $8,729,200 of general-mortgage bonds due 1975,. to be sold
at par and accrued interest to the Delaware & Hudson Railroad Corp.
(3) Authority granted to the Delaware & Hudson Railroad Corp.
{a) to assume obligation and liability in respect of the payment of
the principal of the premium if any, and the interest and sinking
fund payments on, not exceeding $8,729,200 of Rensselaer & Saratoga
gen. mtge/ bonds due
1975, and to issue in exchange therefor and;
upon cancellation thereof an equal principal amount of general-mort¬
gage bonds due 1975, all or any part of such bonds to be exchanged
for an
equal par value of the capital stocky of the Rensselaer &
Saratoga, and any bonds not so exchanged to be; sold at not less than
par and
accrued interest and the proceeds applied to the'purchase
of such
stock;
(b) to assume obligation and liability in respect of
$58,415
129,321
————
'.
Eastern Airlines, one
with
announced.—V. 159, p. 2414.
for ownership, manager
and
merger,
3
-
$128,633
'
shares.,
share
There have been called for redemption as of Jan. 1, 1945. $55,800
outstanding 6% first mortgage sinking fund gold bonds, due July 1,
1952, at 105 and interest.
Payment will be made at The Eastern
Trust Co.,
trustee, 184 Hollis at., Haliiax, N. a., Canada.—V. 158,
.
signatures, are additional con¬
of the original four lines'which had
these planes on order before the war, and other large operators in
the United States and abroad.
;/:/'■■,/:■■ ■ V '--3.
.
United Air Lines announced that within a week it would sign con¬
tracts for an additional 15 DC-6s, making a total of 50 four-engined
planes in all for this company,:
This will make the total to be placed
into production by Douglas in excess of 100.
American also expects
to order additional four-engined Douglas planes shortly, that company
$214,536
$0.55
$109,662
share-
com.
per
r
United.
DC-4s plus 20 DC-6s to
15
and
discussion,
Under
tracts
87.256
$0.99
taxes
sale of holdings
of Park & Tilford stock.
Only general business of the company is
represented.—V. 160, p. 623. V •
provide domestic and international
immediate po^-war period.
Total
American-Grace
profit-
Net
v
$226,662
&
taxes_
profits
excess
Y
—_
income
normal
Fed.
but
chgs.,
after
1943 ;
1943
$145,671
340,951
—L'-
common
per
Note—None
the\contracts marked the first large-scale concerted
airways with sky giants
in
the
cost of the planes will
exceed $50,000,000, it was said.
■ v
'
; ;
.
The
contracts
were
{Laced by American Airlines, Pan AmericanGrace and United Air Lines.
They called for delivery of 25 Douglas
DC-4s. and
30
Douglas DC-6s to American, : three DC-6s to Pan
Deisel-Wemmer-Gilbert Corp.—Earnings—
1944—6 Mos
11.
Stpt.
on
of
Earnings
The signing of
to
profit
Net
Number
world's largest airlines, it
cdjmpany by three of the
1944
$469,584
(net)
.
air liners have been
high-speed,1 four-engined
new
with this
placed
J
1944—3 Mos.—1943
93
for
Orders
$339,097
$322,358
$311,027
'—
46,281
55.442
•
move
Profit
$56,714
$0.19
Inc.—Big Plane Order-Y
Douglas Aircraft Co.,
839.
p.
Federal taxes;—V. 158, p. 1130.
changes and
1942
-
Inc.—Earnings—
Months Ended June 30—
Profit
before Federal taxes
Federal income and excess profits
,
•
4,117
.
_—__—
Total
159,
Dunhill International,
6
i
2,583
4,117 '
After
276,975
2,856
2,153
-
—V.
142
248.825
235,775
Reserve for
Capital
•
.
registered income bonds—:
Fed. & State inc. taxes-
3'c
84
———
taxes—estimated
Income
88
—
S4;236
and taxes
Payroll deductions
$1,487
$1,771
754
payable
Accounts
Manufacturing Co.—Earnings—
6'Months Ended June 30—
•
>
1944
1943
'Net profit
$125,689
- $81,980
Earnings per common share—,;
50.41
■ y $0.27
Doernbecher
Y"
Liabilities—
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Number 4319
160
Volume
t/,.7 7 77 (Including wholly owned affiliated
••^'•/'Years'Ended— i* YYL's:'July 1, '44 June 26, '43 June 27, '42 June 28, '41
Sales
Y/—$30,868,676 $29,613,358 $26,406,331 $22,755,802
Less cost
JiaiAY: 25,375,297 •; 24,088,192 21,225,684 18^055,262
.
"
the Lackawanna & Western RR. of New Jersey into
the Delaware, Lackawanna & Western, and issuance by the D., L. & W.
of $10,580,000 of first mortgage bonds to effect the merger, have been
authorized by the Interstate Commerce Commission.—-V. 160, p. 981.
The merger of
.
Delaware Valley
See Northeastern,
-
3
Called—
,'
Utilities Co.—Securities
Wat^r^Co^,, below.—V. 3 59, p. 348,
(& Subs.)—Earnings—
"
mature on
May 31, 1950, and the last $500,000, on May 31^ 1951.
The! average
interest rate to maturity is 2%%;Y';3;/3,::,;S:^ifT"'i;:^3//Y/YY/ '/
Renegotiation—The Government' has agreed that there were no
excessive profits on contracts subject to renegotiation for the previous
fiscal year ended May 31, 1943YYY/Y-YZr/r^^
During the year ended May 31, 1944, the margin of profit on war
work has been somewhat larger.The costs were lower this year due
to greater experience in handling war work.
Company does not con¬
sider the profit excessive, but in the event any refund should be
required, it is not expected that such renegotiation will materially
'
profit
Net
$201,762
$212,796
—
$159,919
64,038
$365,215 '
168,453
$327,495
■5114,699
* $95,881
$5.08
prefereed share—- $11.29
$10,70
shares of $4 cumulative preferred stock.
♦Earnings per
♦Based on 18,849
.
President, in a letter to stockholders, said on July 20;
1944.
the board of directors adopted resolutions providing for the
retirement of the 18,849 outstanding preferred shares, which will result
in a substantial saving.
The redemption date is Nov. 15, 1944, and
The Guaranty Trust Co. of New York, transfer agent for the corpora¬
tion. has been appointed agent to redeem the preferred,; The com¬
pany will expend $1,498,495 to redeem these shares, necessitating the
use • of
$498,495
cash.
Arrangements have been made to/ borrow
$1,000,000 on very favorable terms through local banking facilities,
Mr. Zoller said.—V. 160. p. 623.
'
•
*
> *
r
.
3
H. E. Zoller.
SS^iroit
International Bridge Co.—25-Cent
Dividend—
the
common stock, par
30.
A similar distribution was made on June 12, this year, the first since
Jan, 24, 1942, when an initial of 25 cents was paid.—V. 159, p. 2078.
The
declared a dividend of 25 cents per share on
$1, payable Oct. 31 to holders of record Sept.
directors have
Di Noc
•/i
Manufacturing Co.—Earnings—
Earnings per common
—V.
154.
1003.
p.
share_——
Diamond T Motor Car
!
Dr$51,
$0.04 Y;Y/ Nil
Y
,3 ' 3,
'
,
•
'
„
Ended June 30—
Co.—Earnings—
; 1944 "3 „'
,
charges——___
shares
J
profit after all
Net
- '
'•
Earnings per common
IS379.492
$0.90
Balance
,
*$544,551'Y $$271,355
; ; $1.29 Y; ;/"$0.64
664
and
After
,
reserve
Federal taxes
y
for contingencies of
and renegotiation of
(Joseph) Dixon
$750,000.3' tAfter provision for
? 33,
$888,000.—V. 159, p.'21953
Crucible Co.—75-Cent Dividend—;
Sept. 18 declared a dividend of 75 cents, per share
on the outstanding $5,000,000 capital'"stock, payable Sept. 30 to holders
of record Sept. 21.
A similar distribution was made on March 31 and
June 30, this year, and on Sept. 39 "and Dec. 23, 1943, as against $1
3
The directors
share in
The
directors
Dodge
9
Net
Manufacturing Corp.-
Months Ended
profit
y
50,000 f
'
Yi
440,000
,
-.-yy Y—
y
X
161,240
270,000
y
80,000
./216,000
•
135,000
Dr$39,539|
Operating
Operation
assets——.YY—U-Y.YYYY'—YY—Y'3,450,652 3,710.952
297,051 -X, 152,974
after charges
159, p. 2634.
—w——
/
-T
;■
$400,000
com pensa tion
Accrued
State' and
Y'->■*-Y- r-
local
Provision for estimated
Notes
taxeS—,——Y_.:.—
367,472
'
103,265
92,963
1,763,798
1943
■;*,
$2.19
Earned
-
$2.71
Y
550,000
Y_—,-,r—I.
'. v-.t
;.-c;, :
;
.
t;
;
.
i/
'
,
4<
■
'
2 .'I' 2 ' ''oi
—
$10,835,316
$8,919,461
i
'^$2.45
inventories, $2,profits taxes, $11,864;
investments, $66,023;
Qii
open
account, $683,-
(Del.) (& Subs.)
100,530
29,260
99,222.
for retire.
167,690
;
oper.
^i'Y_
$131,435
eral
$137,275
8,632
8,632
$2,266,918 1
103,579
$2,332,786
103,579
$122,804
$128,643
$2,163,339
$2,229,207
s.
Corp.—Earnings—
1944
End. June 30profit
♦After
1943
-
etc.
;
^
$24,366
-$44,277
depreciation, amortization
tLoss.—V. 159, p. 2195.
depletion,
taxes,
'61,263
$2,658,383, r$2,775,397
% 391,464
v 442,612
33,458
3 MOS.
♦Net
4,276
.Y/;zYr'
Goal
.
$2,659,394". $2,687,754
;
Drl,012
87,643
$168,837r
31,563 '
$164,894
divs.
Bal, * for
comv
;; and (surplus—
Elk Horn
.105,285
$164,561
$2,749,018
$2,764,679
776
11,078
:
pZT37.
$165,337
$153,816
deductions—
v. 160,
>;
YY88,671
,
131,443
13,552
■■■'■I Net income——;——
Pfd. stpek div.: require.
>
Y
296,612
$167,368
revs
Income————
"Gross
,.
1,938,304
—
Income
J
$7,819,683
2,066,046
'272,405
1,211,351.' 1,145,298
1,865,205' .1,586,916
$8,076,151
$569,414
149,942
34,021
$564,069
,
-Earnings-—
1944—12 Mos.—1943
1944—Month—1943
31—
revenues——
income
.
$5.476,020.—V;. 158,t'p. 1242.
$2,615,430; total,
Natural Gas Co.
"
1942
1941. _
.
t$8,205
-$26,917
equity. Fed¬
of leasehold
/
500.000
1,350,000
2,785,109
stock—-Y—-
159, p. 2513.
101,000
1,000,000
1,350.000
2,771,050
;-j5urplus1^_^X^YY-X---YY^Y;-'_.riY-
Total
—V.
:
2,600,000
-
L—Y*-,—•
cumulative preferred stock ($100 par)
Common
■
Balance
Y
"812,686
108,000
—_.
payable
for contingencies—
674,290
451,674
r- -
Federal taxes—
payable—
Dividends
723,470
■:
120,000
i
with¬
surplus,
$1,250,000
Y
•
$2.37
(less $10,000 U. S. Treasury
$853,356; accounts receivable, $93,874;
payable—trade creditors
Exploration and devel¬
opment costs———
$8,919,461
V; Liabilities— ./■: Y."" " 'f'Z:
Notes payable (current)_Y^Y;--X.YYZYY-_Trade acceptances and accounts payable——-
-177,269
175,230
-
(-.Total
BYc
1944
$5,718,447 * $6,400.7*>4
and taxes'—_
share
$10,835,316
120,000
owned affiliate), $437,996;
of $2,289,143), $1,425,772;
operations, $276,523; total, $5,476,020.
Maintenance
Balance Sheet, May 81
assets———-——-i———X-
mo,COO
$178,703
installment contracts, $3,520; capital stppk 1120,000 shares
$1,350,000; cost of 3,000 shares acquired lor'the treasury,
par),
no
Y. Net
/
:
—T7~mr
$163,998
tions under
$0.58
refund of
120,000
120,000
under letters of credit, $4,048; notes.payable—(matur¬
year), $218,500; installment contracts—(maturing
in one
year),
$10,070; accrued accounts, $351,708; purchase money
obligations of S. S. Realty Co., Inc., $278,369; pprpbAS^ money obliga¬
270,000
$388,561 in 1943, $297,-
1,703
Sheet, July 1, 1944
v
of $387,722 in 1944,
.-l-O
Yg. ■'
(7 $283,998,
ing within one
'*
$265,158 in 1941.
Acc rued
assets
V
915; acceptances
$1.15. ?
y ; 270,000
270,000
yfr-* $1.33
,
Realty Co., Inc. (wholly
(less reserve for depreciation
Liabilities—Accounts
Taxes
Yv/Y.',Tr;YiV' • 1944
,1943 •
hn.'band^■-. YY$977^26.$440,122'
U. S. tax notes—2,342,254
" 782,340
Trade accounts receivable—
;
937,612
1,163,892
Inventories,
—Y'Y-Y-Y—2,830,121
2,669.181
,
x
refund of Federal excess
war
Deprec.—prov.
1/
Assets—Y: )'f )•
Pash, in hanks;' and
Other
post
deferred charges to
$21,729
$22,787
.
fe $287,'577'
,
'
hand and in banks
on
Note, tax series "C"),
receivable—trade, $40,000;
fixed
1
i—Y V $132,447
$167,577
par)Z' w 120,000•>/;120,000
$2.10
$2.40
93,500
$297,967
141,240
',120,000
Saving
El Paso
$454,027
" $252,447
Consolidated Balance
;
Fixed
4,545,621
share——
Assets—Cash
Y; 450,000,
50,000
$441,537
$1.54
y;
Y;-;,/;Yz/Y/Y 'Y:. Y.r
per
465,000
Reserve
-Earnings—
July 31—
Earnings per common
r—V.
250,000
tAfter deducting post-war
in-1944 and $45,000 in 1943.
1942 and
$135,000
-;
$194,059 y; y $145,537
^Including depreciation
190 in
■
f425,000
stock out-
common
132,644
$1,925,314 iy $510,091
118,622
116,287 .
•
stk. (no
Earnings
Period End. July
t
$4,839,324
5,047,464
surplus '
Balance
Shs. cap.
on
preceding quarters.
..
, yy .
,
also declared a wage and salary dividend of 6% of
their third quarter's compensation- in
1944 from current profits to
those employees actively employed by the company on Sept. 30, 1944.
Three, six, nine and 12 months ago, a similar distribution was made.
—V. 159, p. 2634. Y
;
■ i ■.. 3 --3 '
v
per
.
1
$497,059
.
„—
$377,447
30,446 y
«
;■ :Y 270,000
charges and a provision of $3,400,000 for renegotiation, taxes
contingencies. tAfter charges, including Federal taxes of $2,050,-
*
Y?
121,945 '
/:
dividends-—- y :, 60,000
dividends——, y;: 243,000
Common
1941
$1,843,020
;
82,294
$1,318,928
11,220,000
taxes-
income—
Preferred
■"
'
290,000
——-
prof,
contingencies
for
Prov.
Shs.
and
•
taxes
excess
1942
$1,295,781
23,147
$2,323,561
Incoriie-ji—J
Y
215,280
—' Yi
51,222
income taxes—Y_ Y.;
Earnings per share.—
1942
" 1943
411,166
Gross
Fed.
$5,331,462
paid ^——J Y
investments of S. S.
$16,903,481 .$12,177,911
14,430,718 11,118,309
363,872
629,743 ; '. 682,154
Deductions
Federal
$5,677,052
7;;3'Z ' ' '
1 5,453.655
5,389,474
income--———
Net
Dividends
270,611;
May.31
1943
V
$2,295,661
27,900
Other' income—--—-.
138,785
$5,706,102
:—
(incl.
and deprec.
Fed. taxes
note
$17,570,508 $16,324,835
14,863,681 14,665,182
Operating expenses—,
•
Quarter
-
1944
■'
'Cost of sales.
Net
$9Y«3
—
Earnings for Year.Ended
Net sales—
State
contingencies.,
profit after'provision for
„
;
Y-Y,YyY"Y'Yy 1944 ■'YyY 1943 Y
Months Ended June 30— * >YY- income after charges and taxes___
g
Net
affect the net
$4,700,539
150,816
Then $500,000 will
four years.
succeeding
the
of
income
Gross
'
$5,180,646
212,723
etc.-i~*Y:
Deduct, oper. exp.
its
$5,525,166
151,886
$5,493,379
profits on sales
Other; income,
.
1942
1943
1944
End. June 30—
Net profit befori-Federal taxes
Federal taxeiYi——"Jli
6 Mos.
were formally retired.
May 31, 1944, Duplan borrowed $3,000,000
banks,; issuing a series of promissory notes of which
will mature on May 31, 1945, and a like amount on May 31 of
$400,000
each
|3 Derby Oif# ltcf' '
:
Loan—On,
Long-Term
four of
<
from
.
May 31, 1944, the sum of
applied to such redemption.
share plus accrued dividends.
On
$1,180,000 was deposited in trust to be
On Aug. 19, 1944, the shares, so redeemed
per
Gross
Co.-r-Revolving CreditjThe
company, announced
on Sept. 15 that ft had obtained a
$40 000 000 revolving credit from the First National Bank of St. Lou
,
the'Mississippi Valley Trust Co.," and other banks and trust companies.
Emerson
Electee Mfg.
d'..
—V; 160,
'
•Y')
.nti'lY;
p. 1183.
ii -X. '..lY'.Yl
;
: '
LY
)
i;.:
,...:iY:i
1
'.."-Y-
.
'•) -v- '•
THE COMMERCIAL & FINANCIAL CHRONICLE
1294
Florida Portland Cement
Electric Power & Light Corp. (& Subs.)—EarningsSubsidiaries—
Operating
Operation
"
Maintenance
Federal
.1
-
taxes-..
-
4,545,981
-
Other taxes__
2,843,704
-
.
Prop, retire, and deplet,
reserve appropriations
Net
Operating
——
int.
to
other
•Net
Balance
26,308,569
583,363
30,657,145
422,736
6,624,255
26,891,932
.
_
2,775,391
13,028,065
12,799,774
3,444,114
3,848,864
13,863,867
18,280,107',
—
188,008
3.421.490
3,848,864
14,051,875
18.280.107
1,436,079
1,548,861
5,848,198
7,043,832
335,9*4
328,876
reserve
——
-
divs.
Portion
to
public—
apolic.
mi-
to
interests
ncrity
This
it>
-•
-
sh.—_
com.
field,
which
the
for
lifted
are
are
and
materials
of
Net
considerable
it
weeks
to
3,993
5,643
8,147
weeks
3,407
1,909
7,873,346
16,813
4,972
taxes
2,222,443
5,022
37,871
—
194,159
deducts.
373,896
—
other
Balance
Fed.
taxes
on
The
75,900
•In
surplus
-
accordance
Light
Co.
8,848,062
applicable
respective
to
periods
Sheet, June 30,
whether
earned
un¬
or
Assets—Investment securities
«
699,462;
miscellaneous
mand,
$12,590,319;
and
special
cash
deposits,
investments—U. S. Govt, obligations,
associate
in
cash
$549,178;
in
$7,753;
de¬
Oct.
$1,502,000; dividends receivable—
companies, $288,660; other current assets, $7,459; investment
(not consolidated) requited to be reorganized by order
SEC, $30,218,881;
$3,139,489;
expense,
ferred
deferred
stock
and
106,311.
reacquired
902
shares
"
.
charges—unamortized
capital
of
stock
$103,109;
-;v.;
,
of
$7
total,
pre¬
•Net
$194,-
cash
is
other
v
*
•
Bank
Immediate
be
&
Trust
at
trustee.—V.
time
any
160.
Co.,
plus
payment
obtained
trustee,
accrued
of
?
of
as
Dec.
on
has
company
series E V/*%
Erie
p.
bonds
1184.
June
31,
due
1944
30,
1943.—V.
the
said
bonds
the
to
"
Folsom,
a
bids
Oct.
1,
net
155,
p.
for
assets
of
$3.50
share,-1
a
and
1964,
Vice-President
director.—V.
of
first
1944.
be
returnable
of
•Net
has
*
*
$0.10
*$17,578
common
1943
$607,179
share.
$501,262
$2.17
ended
This
after
90
/ $316,523
30,
to
its
a
$1.79
provision
for
$1.13
Federal
income
450,600
$522,620
$497,524
132,617
on
$0.73
160, p.
pass,
$11,233
2,152,052
owned
carried—
<
1944
charges and
965,525
on
1943
$779,447
$790,292
su.80
taxes
$0.81
snarc-s
Years Ended Bee. 81
of
(before
operation
1943
:
I
$0.75
$0.68-
depreciation)
profit———
2,909,037
$1,584,652
$1,469,333'
16,126
12,139
$1,600,779
"
129,982
$1,481,473
—
—
expenses
„
-.
job
is
Federal
inc.
and
taxes
excess
$1,107,153
prof,
taxes—
t$854,496
1944—6 Mos.—1943
820,263
$326,56f>
$1,418,414
$1,314,494
paid^.—299,250
299,250
for
year—.
surplus
.
...
s.
-
<;•
^
»<
H
K
•>
i't/'V
*•
surplus—
'
'
—
$1,068,317 t$l,676,969
Surplus, Dec. 31.
Earnings per share on 119,700
$0.82
$1.02
$1.61
J.
1,040,594
$1.91
tons
1942
1941
$340,351
$155,694
$0.34
1184.
p.
?.
Corp.—Post-War
will
require 90
released
are
and
days
from
production
war
materials,
cars
C.
E.
started
cleared
of
President,, said
in
the
only
been
days
30
unable
the
to
machine
for
orders
possible.
be
its
he
ago,
get
tool
These
said,
products
and
promises
any
industry/ is
and
in
at
of
addition
is
doing
in
the
on
of
in
for
coal,
by
second
made
of
difficult
more
in
used
will
will
of
amortization
vessels
new
provisions
smaller
of
of
be
the
the
the
from
of
vessels,
the
to
will
be
P.
various
divisions
attainment
making 181
off
the
of
Bradley,
before
the
war.
per share—
I-
$0.71
.
the
in
/
Act,
which
The
the
of
$467,763
•After charges and Federal
$1.35
income
$406,434
$1.17
taxes.—V.
prices
final
to
one
.
lieu
under
of
of
stated
that
would
prices
be
of
the
20%
about
increase further,
even
more
than
20%
"parlor-coach"
Division
Pontica
plant,
Motor
higher,
buses
following
he
Necessity
to
H.
J.
sion.
buses
Two
are
be
assembled
of
General
of
the
Pontiac
assembly
completely.—V, 160, p. 1080.
plant
are
Motors
..
required
to
General Shoe Corp.
Period End.
con¬
\
Net
July 31—
sales—
•Net
——
profit
com.
per
•After
1941
.
$443,614
$564,033
81.28
$1.64
Net
or
Current
756,207
742,617
627,391
627,173
-627,173
$0.37
$1.16
a
for
the
common
share for the
12
12
months
July
31,
1944,
share, comparing with $1,122,699
months ended
totaled $43,107,654
ended
in
or
was
$1.73
$1,125,546
a
1,459
130,628
taxes—
71,535
43,436
common
July 31, 1944.
Sales for the 12 months
1944 against $40,740,583 in 1943.—V 159, p. 2197.
43,436
6,501,685 % 4,128,954
taxes,
etc
'
91,817
25,.759
$7,182,654
$172,573
$113,393
135,954
49,012
-
1
income
payable,
and
accruals,
of
excess
prof, taxes
etc
mortgage notes payable
125,550
debt
stock
^
§2,197,125
($50
'6,000!000
par)
—
—II
cost
which
$260.610.,
$125,550
is
less
in
than
§3'/2%
the actual
mortgage
annually
notes,
—....
tax
1942.—V.
notes
beginning
series
157,
C,
value.
6,000,000
i' 1,119,164
1,015,244
$9,750,371
$7,182,654
1945.
after
deprec.,
come
?
-
• On
in
in-
Government,
in
U.
1943
S.
and
Subs.)—Earnings—
1944
1943
1942
$650,793
$848,214
$0.94
$0.65
$0.35
-
taxes, etc
per share—
the 997,480
30
S.
deducting
$600,000
$941,869
Federal
——
shares
of
capital stock.
for
Federal
to
$625,000
amounted
1942.—V.
U.
If After
to
1944,
stock
reserve
deplet.,
Note—Provision
June
to
deducting
1179.
p.
Great Northern Paper Co. (&
profit
tAfter
payable
in
amounting
6 Months Ended June 30—
Net
•Earnings
.
73.603
177,629
•After deducting
reserve
for depreciation and amortization:
$4,116,281; 1943, $4,988,490.
tlncluding 300 shares of treasury
$1.14
etc.
1942
$2,660,280
3,609
profits
Total
627,391
$0.33
/
>
•
51,735
Surplus
due
the
177,629
excess
*
portion
Capital
of
the
$9,750,371
Long-term
$30,044,494 $32,265,766
240,152
share—..
;ii
equipment
Liabilities—
Accounts,
1944—9 Mos.—1943
$11,326,042 $10,165,652
216,271
shares—'
and
of
If Accrued Federal
(& Subs.)—Earnings—
depreciation,. Federal income taxes,
profit
$1.88
1
—;
Under
$2,749,832
bonds.....
on
insurance,
Treasury
1944—3 Mos.—1943
at
approximately
$125,550 required 'by
securities_i
Total
at
/
of
cost
be
suspended bank—in liquidation.
•Steamers
$800,000
and
receivable^
interest
the
Klingler,General
of
will
of
_
tCash in
at
being assembled for the G. M. truck and coach divi¬
floors
them
to
the
Interest
Certificates.
payment
refund
to
said.
conversion
Vice-President
and
have
would
being
are
major
a
according
this
per¬
credit
of
mortgage provides
$125,550, based oh. our
the
than
was
received
1943
cars
higher
Com¬
The
installments
minimum
Post-war
divisions
first
company
it
remainder
the
...
tMarketable
Prepaid
model
various
war
the
mines
"
:
Accrued
;;
probably
wages
assembly
of
Earnings
160, p. 725.
the
the
Maritime
America.
mortgage."
in
annual
the
of
States
the
on
mortgage.
Cash
has
""''V.
The
$0.83
Florence Stove
Co.—Earnings—
profit———
Earnings per share
confined
Corp.
713,706
$0.54
1942
be
S.
Comparative Balance Sheet, Dec. 31
and
work
No
explained that prices depend very largely on
have gone up about 20%./ Should the Little Steel
Motor
Outstdg.
1943
,cars
new
$691,331
•
4After all charges and
depreciation, but before Federal, State
foreign taxes and provisions for renegotiation and
post-war
tingencies.—V. 159, p. 2080.
1944
for
tested.
He
.
37-passenger
Pontiac
Pontiac
lines
broken and
be
Manager
-
6 Mos. End. June 30—
and
Before
Vice-President,
which
costs,
assemble
713,706
available
pre¬
he said.
——v.
$479,929
will
volume.
models,
production
Huge,
$762,073
be
upon
materials
along this line because of manpower shortages.
Archer, Vice-President, stated that initial production
recognized
outstdg.—951.608
not
decided
standard
many
U.
Assets— *
Accounts
.
decrease
a
practically
,
this
for
vessels.
new
United
paid
vessels
plan,
instead
He
problem, according to Mr. Wilson,
specifications for new cars.
This
because
automobiles
have
products.
war
biggest
engineering
1942,
strikes.,at
/
■
84,404,852
was
while
at a cost of approximately $2,250,000 for each
were
purchased under the Merchant Marine
the
five
cost
favor
3'/2%
amortization
with
much
tons
of
interrupted
was
for^ special annual installments,
the
cor¬
two
year
Under
trade
vessels
new
rate
the
loaded
gross
movement
the Lakes in 1943 was approximately 40%
Companys' earnings derived from grain freights
to offset part of the loss of ore tonnage due
of navigation; also the increase in wages and
vessels
new
1936.
to
$555,000,
delivery.
in
helped
The
machine
date
to
for
*
present
$71,535
.($2,511,000) will be paid off at the rate of $125,550 annually,
beginning
in 1944, the debt being secured with a
preferred mortgage on the two
following
bottleneck
$2.73
and
on
1942.
during the
$1,947,690
biggest reconversion problem, said Mr. Wilson, will
together of certain bottleneck machine tools without
will
carried
year
mission
mitted
and
Wilson,
be achieved
can
the
vessel.
production
car
grain
year,
Company purchased
Outlook—
get
to
1943
late opening
operating expenses.
other
:
,
..
in
Lakes for 1943
the
ore. on
92,076,781
The
handling difficult.
the
to
interest, Federal income taxes, etc.
Income and
six months ended May 31, 1944, amounted
deducting
post-war
refund.
tOn
the
865,075
160,
its
greater than in
$0.14
$0.32
previous
made
during
with
tons.
gross
the
as
The
1943
$355,262
compared
7,671,929
which
1944
$1,015,244
$3.37
Ayers, President and H. W. Smith, Treasurer, state:
The total movement of iron
Corp,—Earnings—
$0.60
$1,119,164
shares.
common
deducting post-war credit of $59,094
Burton
gross
of
done
labor
_
«
■
...
1942.
$1,995,289
1,041,594
stock.—V.
•
_
987,934
'
—
—
1,040,964
precision parts for many
Albert
4,903,542
—
$1,146,829
$403,171
1,015,244
income
Dividends
Corp.—Earnings—
1,041,594
ordered
substitutes
been
$33,486
———
——
703,982
t
4,256,400
establishment
viously
'
■/
profit-.
30,913
185,000
.....
99,062 /
before
for Federal
Previous
.
_
118,731
30,849
233,734
.....
amortization
I.
v.
,
$6,251,689
corporation's
the
were
4,352,676
:.-.W;v;
■
•
$4,378,370
3,297,728
——
income
income
Net
$0.86
1184.
4,717,150
production
that
expedite
.'■!*. ry-V'
1942
ore,
—$4,882,381
——
income-
•Prov.
141,987
$6,394,119
machinery
has
on
The
is
T.
$26,124
-
2,485,325
?""*.•/
——
.♦Net
137,206
2,405,000
after
car
were
work
by
July 15, '44 July 17, '43 July 18, '42
Net sales——
;
$19,279,548 $15,374,946 $16,275,381
•Profit
2,560,421
1,420,309
2,740,613
Fed., State and foreign taxes———
1,748,348
840,380
2,049,282
Prov.
for renegotiations
and post/'"■/.
■"-v
war
contingencies
50,000
100,000
*■
$0.23
operations—transporting
Interest
$606,039
$3,473,317
Motors
Government
Flintkote Co. (&
Subs.)—Earnings—
Earnings
$0.17
—
$543,511
$579,023
getting
no
tool3
1944—6 Mos.—1943
$17,124
"
shs.
$0.08
~
■
489,600
1,804,400
'
1944—3 Mos.—1943
Volume production of
explained
the corporation's applica¬
1944—3 Mos.—1943
28 Weeks Ended—
Com.
$1,095,639
company's
the
which
$1,592,950 for 1944 and $1,625,000
hearing
.■
Net
all
Depreciation and
he said.
Formula
;
1941
$126,045
grain.
Administrative
2,430,800
plants
days,
be
June
has set Sept. 27 for
chgs. and taxes
D.
1942
$78,608
.
Period End. June 30—
*"
Expenses
1941
$3,285,296
common
corporation's
r-V. 159.
1943
$36,325
of
tax—
corporation
The
Fitchburg & Leominster Street Ry.—Earnings—
*
and
Gross
334,200
per share
recently.
1942
properties In Oregon and gas properties in Florida
the Peoples Water & Gas Co.—V.
160, p. 1079.
aft.
1944
..
profits taxes for the
Government
1944
water
Net
»
$0.05
share
from
coal
$0.73
effect
1942
1943
321,900
shs
General
a
six-month extension in which to comply with an order of
1943.
The proposed effective date of the extension is
Aug. 10,
The
corporation was directed to divest itself of interest in
Revenue
$0.15
$24,501
taxes
after
per
Earnings
(& Subs.)- -Earnings
331,400
—
$1,105,499,
Nil
Alabama, Union, Ohio, West Virginia and Scranton-Spring Brook
(Pa.)
Water Service Companies and New York Water
Service Corp., as well
*
$646,010
$0.18
.
—V. 160. p. 984.
*$40,549
Nil
-
Corp.—Earnings—
for
as
income
Other
130,111
After depreciation,
shares of
io.
1945.
Net
Earnings
563,286
$2,682,111
profit—
tEarnings
-"/■:/<-'V/-//>//;;////- /S;;//////
'/'i
six^months
The SEC
$814,161
—
,
income-
Fed.
on
com.
excess
Federal Water & Gas Corp.—SEC Sets
Hearing—
tion
599,700
depletion,
and inc.
Operating
1,348,400
profit—
poration
Feb.
$1,245,710
i„—
Income Aecount,
the
cover
inc. after
Act
$23,738
and excess profits taxes amounted
•lor 1943.—V. 160, p. 222.
*
1943
$1,797,161
6 Months Ended June 30—
tAfter; reserve for renegotiation settlement.—V. 160, p. 830.
to
$0.03
of
Bank
983,000
Earnings per share
—V. 160, p. 626.
$466,644
$0.93
to
$1,270,024
Earnings per share
1941:1
1942
been
Haven
4,305,231 shares.—V. 160, p. 831.
deprec.
15,
1942
$2,202,420
General Finance
America,
have
settlement
1944
3 Mos. End. June 30—
Net
same
.
$8,538
per
the
•On
General taxes.
6 Mos. End. May 31—
Corp.
1952
New
Great Lakes Steamship Co., Inc.—Financial
Report—
563,286
provision
1944
dividends
tax
of
No.
or
on
;////' ///
1943
Net profit after charges and taxes—
For
The
—i__—
Net profit—
•Earnings per common share
but
-
before
Net
consolidated
160, p. 625.
Federal Mogul
,
of
compromise
to
contingencies
'
Radio
6 Months Ended June 30—
Earnings
bonds
the
fiscal agent, New Haven, Conn.
and
•After
160. p. 625.
share.
com.
■
*
7%
for
promptly
Great American Industries,
Inc.—Earnings—
July
15,
1943
$0.82
estimated
and
Period End. June 30—
Federal
the bids to
of
chgs.
profit
Profit
" /'/
taxes
per
bonds
•
2365.
$13,000,000
■
Quarter End. July 31—
•Loss.—V.
refunding
available
profit
43),
(No.
$579,831 /
563,286
General American Transportation
Net profit after charges
Earns,
and
are
presenting
Operating
Total
Exchange Buffet Co.—Earnings—
'
1944
share
taxes
April
on
$512,757
shares
*On'539,221 shares.—V.
.
<
;
funds
by
Taxes
(& Subs.)—rEarnings—
•Earnings per com. ,sh._
Eversharp, Inc.—New Director—
been elected
dividend
quarterly
a
—
taxes
Preferred
Bonds—
on
invited
/"".
M.
that
same
Net
first
Frank
Conn.—Funds
Graham-Paige Motors Corp.—Earnings—
1943
$4,320,657
165,856
$0.56
$0.46
cents
profits tax
Net
26.
Proceeds of the financing are intended to retire $7,Long Dock Co. 3%s, due 1950, and $5,955,000 of New York
consolidated mortgage 4s, series C, due 1957.—V. 160;
430,000 of
29,
common
after
Excess
before Sept.
&
20
/_
Federal inc. tax, etc.—
Broadway, New York. N. Y.
interest to redemption date may
presentation
upon
Erie RR.—Asks Bids
-''The
Dec.
Federal
before
70
1183.
p.
reports
$3.11
declared
20
6 Mos. End. June 30—
Profit
1
Company
Haven,
Granby Consol. Mining, Smelting & Power Co., Ltd.
—Earnings—
'
'
$4,443,203
135,374
—_
—-
Gaylord Container Corp.
Equity Fund, Inc.—Asset Value—
against
-
taxes
each were made
1943.—V. 160, p. 325.
of
per common
After
New
in
current
outstanding first mortgage and refunding 5% gold bonds,
due March l, 1952. have been called for
redemption as of Nov. 1.
1944. at 1013/4 and interest.
Payment will be made at the Central
Hanover
of
Society,
first
6 Months Ended June 30—
renegotiation of war contracts.—V. 160, p. 9.
the
of
1943,
period which,
for the 40
for the 40
third
Co.—Earnings—
'
1944
profit———
Earnings
Empire District Electric Co.—Calls 5% Bonds—
All
and
Number
special cash deposits),-$610,427; accrued taxes, $81,liabilities, $736,883; -reserve, $156,044; earned sur¬
plus, $8,991,245; total, $194,106,311.—V, 160, p. 982.
167;
Sept.
on
Payments
15
the
of
N, B. A,,
company
6 Months Ended June 30—
Liabilities—Capital stock (no par value), $155,044,139; gold deben¬
tures. 5% series, due 2030, $29,178,000; accounts, payable—other than
affiliate companies,
$16,470; accrued
interest
(including $1,626 for
which
and
Gardner-Denver Co.
and
discount
shares
(973
stock),
common
debt
for the
share——.——————J_
directors
year.
subsidiary
of
the
Fundamental Investors, Ine.—22-Cent Dividend—
cash
temporary
priorities
amounting to 22 cents per share, payable Oct. 16 to stockholders of
record Sept. 30.
A like amount was paid on April 15 and July 15, this
$145,-j
etc.,
banks—on
Hospital
Holders
159, p. 1861.
The
•
1944
advances—subsidiaries,
special funds,
The
31—
after charges
per
-1
Availableadvised
shown
—
Earnings
earned.
Balance
super
operates super market type food stores under the
in Pennsylvania, New Jersey, Maryland and Dela¬
p. 727.
160,
profit
$1,398,353
Fair
6 Months Ended May
—V.
provisions of franchises of Dallas Power &
Ry. & Terminal Co.
(net).
tFull dividend
Dallas
and
requirements
with
5,564,863
1,678,083
1,352,519
-
being
is
1943.
28,
1943
$1,625,338
1924.—V. 160, p. 984.
Grace
the Food Fair Stores, Inc., Mr. Friedresults for the first two periods of the
Sales
Net
Balance,
pany since
program
as
Sept, 7—
1944
$39,000
Willis
super
available.
Fuller Manufacturing
8,923,962
35,000
11,500 '
5,000
.
Oct.
Food
ware.—V.
-
—
soon
as
ito
—Jan.
1943
$40,275
F. Avery, Assistant Secretary since 1936, has been elected
Secretary to succeed the late Shelby M. Jett, Secretary since 1927, who.
died Aug. 9.
The company's patent and legal departments will be un¬
der Mr. Avery's
direction, it was stated.
He has been with the com¬
company
of
name
451,159
1,525,901
5,599,863
1,689,583
1,357,519
—
for
income
Period—Week End. Sept. 7
(B. F.) Goodrich Co.—New Secretary—
reported for the 40 weeks
ended Oct. 28, 1943, net earnings after taxes, of $397,307, equal to 91
cents a share on the company's common stock.
10,915,546
5,010
19,534
723,216
1,495,583
151,626
374,303
company's
units
Sl.03
1944
will bring the net earnings, after taxes,
Oct. 7, 1944, in excess of the net earnings
end
$412,493
$1.18
lower than for corresponding periods of
year were
ended
taxes
and
Prov.
10,907,399
1,933,953
Fed.
Expenses
Int.
7,867,703
$433,882
$1.20
Operating revenues——
—V. 160, p. 1184.
,
of
although
improvement
2,408
Total
Misc.
additional
anticipated,
2,218,450
income——
Other
is
1,931,545
equity (as above)—
Other
fiscal
current
10,907,399
7,867,703
2,218,450
Electric Power & Light Corp.—
the
construction,
12
are
earnings
on
that
noted
1942
Georgia & Florida Railroad—Earnings—
-
.
plans of the company in the
said that in addition
to
three
under
now
construction
Commenting
-■
1,931,545
consol.
subs,
$0.64
$1.74.
future
the
Friedland
Mr.
markets
calls
equity of corp. in
of
1941
S136.2Q5
$0.33
corporation
expansion program.
In commenting on
land
inc.
1942
$202,976
Nil
.
Net
1943
$442,936
1944
$$380,50.9
has acquired* the Florida Wholesale Grocery Co.,
Miami Beach, Fla., it was announced on Sept. 18 by George- Friedland, President.
He said that this was the first step in the company's
/
81,553
53,866
-
-
Corp.—Earnings—
—
*After
marekt
Total
tPfd.
Steel
Food Fair Stores, Inc.—-Acquisition—
3,442,094
-
per
1943
$422,907
—
Earnings per common share
—V. 160, p. 626.
31,079,881
from
and
to
1636.
1944
profit after chgs. and Fed. inc.
taxes
$587,623
$457,244
Co.—Earnings—
6 Months Ended June 30—
.»
charges, Federal taxes and reserves for contingencies and
post-war adjustments.
tOn '217,706 shares of common stock.
$Loss.—
V. 159, p. 2196.
1
Dr22,G24
——
franchise
$266,938
$199,566
profit——
fEarns.
6,886,208
deductions—
•Transfers
1941
Net
6 Mos. End. June 30—
6,451,093
173,162
and
public
158, p.
1942
1943
prov.
taxes
Follansbee
22,831,949
254,387
6,631,821
(net)--,
income
Gross
Net
inc.
General Railway Signal
Corp.—Earnings—
1944
•
income-—
income
Fed.
—V.
•
Other
before
profit
for
■
lease of plants
for
$
21,073,2o5
228,750
5,211,677
4,974,356
86,250
<
Rent
6 Mos. End. June 30—
30,691,264 135,335,017 136,398,852
10,018,565
47,718,960 .45,598,937
1,580,285 " 7,392,619
6,540,863,
4,399,798
20,923,728
17,734,285
3,029,846
11,689,136
13,035,673
32,657,144
11,513,298
2,061,734
-
$
$
$
revenues
1944—12 Mos.—1943
1944—3 Mos.—1943
period End. June 30—
Monday, September 25, 1944
160, p.
10.
income
in
taxes
1944,
for
$432,505
the
six
in
1943
months
and
ended
$692 233
1295
Number 4319
.Volume 160
-
11993443—08—
8495,000;
Great South Bay
Water Co.—Calls Bonds—
$495,000.
1347.
1941—
$383,000;
refunding mortgage 5%
drawn by lot for:
sinking fundr
City Bank
A total of 86,500 principal amount of first,
gold bonds extended to Nov.' 1, 1949, have been
redemption on Nov. 1, 1944, ■ through operation of- the
at 102 and interest.
Payment will be made at The National
of New York, trustee. 55 Wall St,, New York, N. Y.—V. 158, p.
.
;
;
;
Operating Avail, for
>;■ j '
'
Expenses
Income Fxd. Chgs.
$13,775,785 $11,219,112
$482,497
$568,620
1935—15,026,961 «"■ 11,819,779
1,173,074
1,261,458
1936
—:
18,140,610
12,832,128
2,675,310
2,769,533
1937—_____—19,631,924 14,809,780
2,081,960
2,174,134
17,945,443
13,425,925
1,794,596
1,888,820
1939——'———t—18,660,835
13,862,745
2,154,857
2,251,267
18,701,182- 14,298,788
1,505,525
1,605,172
23,647,846
16,126,523
3,661,460
3,775,475
1942
33,173,151 •/ 20,674,982
5,648,668
5,796,913
1943—
•—
37,858,695 24,720,015
5,918,935
6,071,679
Purchasers of Bonds—The purchasers named below, acting through
Shields & Co., as representative, have agreed severally to purchase from
the company at 97.2%
and accrued interest, the principal amount of
Louis, Mo.
These shares were already issued and
standing and do not represent new financing by
out¬
the
•
company.—V. 159, p. 841.
NOTE—For
possible
order.
mechanical
reasons
it is not always
to arrange companies in exact
However, they are always as near
position as
alphabetical
alphabetical
series
possible.
Amount
$850,000
Name—
Gulf, Mobile &
Ohio RR.—Bonds
Offered—An invest¬
headed by Shields & Co., publicly
offered Sept. 20 $10,500,000 first and refunding mort¬
gage 3%% bonds, Series D, at 98%% and accrued in¬
terest.
Others in the offering group include Harris, Hall
& Co. (Inc.); Kidder, Peabody & Co.; White, Weld & Co.;
A. C. Allyn & Co., Inc.; Bear, Stearns & Co.; Equitable
Securities Corp.; Lee Higginson Corp.; Paine, Webber,
Jackson & Curtis; R. W. Pressprich & Co.; Laurence M.
Marks & Co.; Stroud & Co., Inc.; The Illinois Co. of
Chicago; William Blair & Co.; Cruttenden & Co., and
ment banking group,
♦;
Harold E. Wood
& Co.
competing bid
& Co., Inc.
Interest
awarded Sept. 19 on a bid of 97.20. A
4% coupon was submitted by Halsey, Stuart
dated Oct. 1, 1944, and are due Oct. 1, 1969.
issue was
The
100Va for a
of
Bonds
are
payable April 1
Harris, Hall & Co.,
•
Redeemable for the purposes
of the sinking
—V.
i '
less than
issuance—The issue and sale of these
Commerce Commission.
Purpose—The proceeds from sale of
t
bonds subject, to
160,
treasury
1945,
3%% due 1953, and to the
poration for retirement, on
before Jan. 1,
or
on
and
$6
$905,480
thereof;
Co.—Plan Approved by
SEC—
profits
came
was
—V.
159,
of
do
single track
registered holders of the company s
which has one vote per share,
record at that date was
of record 31,385 shares
shares of its common
total voting power.
miles of
oper¬
Dec. 31, 1943, the company operated 1,972
railroad of which 1,438 miles were owned, 228 miles
under trackage rights. This
mileage connects the Gulf ports of Mobile and New Orleans with the
important St. Louis gateway, while a line to Montgomery, Ala., pro¬
vides access to the Southeast, and
trackage right mileage connects
Memphis and Birmingham with the main line.
.
f Funded Debt and Capital Stock Giving Effect to Present Financing v
ated
under
Equipment
lease and 306
obligations
and refunding
First
miles operated
bonds:
3%, 3»/2% and
mortgage bonds,
Series A,
-
—
B.
Collateral trust
v.
%;'/
mortgage bonds:
4%, due 7-1-75
Series D, 3%%, due 10-1-69——
Series
Income
—
3%%, due 7-1-44/53—
series A, 5%, due
7-1-2015
$4,713,426
''5,714,500
U0,500,000
A
_
•
U3,643,000
6,025,800
shares (stated value $100)
28,442,475
.
(stated value $14)_
8,265,891
Excludes $199,200 held in general mortgage sinking fund.
t$23,100,000 first and refunding mortgage bonds, series C, have been
issued and are presently pledged as security for collateral trust bonds
series A and series B.
$7,286,000 of such series C bonds will remain
with the trustee under the collateral trust indenture as collateral for
Issued
—V.
after
9,782
'
1943
$49,761
changes and taxes.—V. 160, p.
1941 ;
$279,230
tEarnings per share—
$1.06
$1.34
...
$1.49 ,
$1.75
"After
depreciation and provision for Federal income and excess
profits taxes.
tOn" 160,000 shares of common stock.—V. 159, p. 351.
100,056
$108,600" :
$10,009
2,917
$114,305
$7,215
$7,093
$79,305
48
533
559
$7,044
$78,772
$62,012
68,796
49,140
'
/
48
Period
A collateral trust bonds which will remain out¬
completion of the financing. $10,500,000 of $15,814,000
series C first and refunding bonds to be released will be cancelled, and
an
equal amount of series D bonds, due Oct. 1, 1969, will be issued.
The balance ($5,314,000) of series C bonds and such additional series C
bonds as may be withdrawn from pledge as series A collateral trust
bonds are retired will be held by the company in its treasury and may
be reissued or used as the basis for issuance of an equal amount of
first and refunding mortgage bonds of other series (other than series
of the ICC.
+After
retirement of $500,000 of collateral trust
bonds
series A, matured and paid on July 1, 1944, and $175,000 of
collateral trust bonds, series A, purchased since June 30, 1944, and (b)
retirement, on or before Jan. 1, 1945, of $2,000,000 of collateral trust
bonds series A out of the proceeds of this financing and treasury cash.
The
collateral trust bonds, series A, to remain outstanding, mature
as
follows:
3% bonds mature July 1, 1945, $500,000; July 1, 1946,
D),
taxes
subject to approval
giving effect to (a)
I
Ended
"After
$95,228
$229,825
$0.26
$0.87
share_
of common
profit after charges and
Federal income and excess profit
post-war adj._u_____^____
Net
profit
1943
$194,736
$2.32
$2.28
share
V. 160, p. 10.
period are at the
the year was
V.
1943
1944
Months Ended June 30—
6
$19,548,533 $18,291,548
2,189,024
2,056,776
1,398,152
1,299,702
Sales
and
Federal
160, p. 223.
Heyden Chemical
Ended
Period
sales
Net
tNet
Corp. (&
reserves
Months Ended June
6
sales
—
30—
________
Federal income and excess
tNet
profit
profits taxes-
per
tiation
—V.
will
160,
p.
common
have a
1080.
material
160.
Period End. June
Net
1944
1943
$12,423,521 $12,084,113
1,785,287
1,783,693
1,180,000 1,186,500
profits
Earns,
Period End.
com.
1944—3 Mos.—1943
share.
$440,188
$0.98
$339,947
$0.75
$239,822
$478,736
.$1.06
Special Offering—
special offering of 6,000 shares of
the New York Stock Exchange
J. & W. Seligman & Co.
Commission,
withdrawn Sept. 19—V. 159, p. 2198.
A
r
rev._
oper.
revenues—
expenses
of oper.
Operating
Operating
for
Rent
„
prop.
;_
$0.53
,
common stock
(par $10) was
Sept. 14 at $45 per share by
75 cents. The offering was
♦
oper.
income——
income—
—V.
$196,5.99
115,724
$177,585
108,039
50
40,889
50
31,0.99
$39,936
25,876
$38,397
24,905
$1,380,568 $1,257,603
776,818
711,394
lease
Operating taxes
350
336,871
490
289,369
$266,529
167,390
K
$256,349
156,905
160, p. 831.
Ingersoll-Rand Co.—Earnings—
End. June 30—
1944
1943
"Net profit
(est.)_
$2,995,108 $3,118,964
6 Mos.
1942
1941
$3,378,485 $4,420,220
934.130
984,130
974,130
974,130
Earnings per share
$2.93
$3.09
$3.39
$4.46 t
"Including income from investments, dividends received from foreign
subsidiaries and controlled foreign manufacturing company, and after
provision for Federal income and excess profits taxes.—V. 158, p. 1733.
Corn.
made on
July 31—
revenues
Uncollectible
Net
*
taxes
per
'
Co.—Earnings—
1944—Month—1943 [
1944—7 Mos.—1943
$196,799
$177,765 $1,381,968 $1,258,863
200
180
1,400
1,260
Associated Telephone
"
30—
and exc.
ol
of
July 31,
1943.—V. 160,
432.
Operating
1_
1944—6 Mos.—1943
Distribution—
Investors—20-Cent Cash
and
Indiana
—
profit after charges
and Fed. inc.
$152,931
1,655,293
$0.09
have declared a dividend of 20 cents per share, out
accumulated earnings, payable Oct. 31 to stockholders
record Sept. 29. A similar payment was made on April 29 and
this year, and on April 30, July 30, Oct. 30 and Dec. 22,
—
Co.—Earnings—
$209,464
1,658,291
stock—
$0.12
Incorporated
Net
Holland Furnace
p.
common
share
118.
The directors
current
$605,287
$597,193
360,250
360,250
$1.43
$1.41
expected that results of renego¬
effect upon earnings, the report states.
outstanding
share
tSubject to renegotiation; it is not
shares
Earnings
—
—
_„
Common
'
—
1943
$256,931
104,000
"
shares of
per
Co.—Earnings—
before Federal taxes-—--.
profits taxes
profit
.
—
Paper
,1944.
,.$487,464
218,000
60,000
taxes—
contingencies—--
for
Provision
p.
Ilinde & Dauch
;
income and excess
for Fed.
—V.
6 Mos.
3 Mos.
$3,907,698 $7,899,383
216,305
467,256
$0.40
$0.88
tSubject to renegotiation settlement but no
been provided.—V. 159, pp. 1555, 2198.
shares.
therefore haVe
; >•
Co.—Earnings—
Months Ended June 30—
after charges but before
6
Earnings
and taxes———
share———
440,932
"On
:
Profit
Outstanding
Subs.)—Earnings—
——
_
this period was originally
estimated at 60%. The effective rate for
raised due to greater earnings in the fitter part of 1943.—
of earnings for
-
profit after charges
"Earnings per common
income
actual rate
159, p. 1657.
Net
1944
30,
June
$757,074
$0.86
$790,872
$0.90
740,376 common shares.
" •
,
.
for
the statement
Hupp Motor Car
ProV.
—
Earnings per share on
—V.
;
taxes—
State income
profit
Net
ij.
taxes^_______j_^
before
.When
1943.
published income taxes were
(The) Hecht Co.—Earnings—
Profit
provision
The
$198,422
$168,425
$130,347
391,706
391,700
$0.37
$0.28
and excess profits taxes for the 1943
of 72.264% as determined at the close of
' •
shares___-^_l____r____-___
Earnings per share
1944
tax
Provision- for
stock.—V. 159, p. 2416.
taxes
July 8, '44 July 10, '43.
$3,725,166 $2,434,015
1,052,657
469,958
842,126
339,611
42,106
1
after charges
State and
common
159, p. 2635;
—V.
Corp.—Earnings—
h
sales
Profit
$0.51
Co.—Earnings-
30—
Months Ended June
Earnings,per
and excess profits taxes, fAfter
contingencies.—V. 160, p. 224.
' :ri >'-1'-
Weeks Ended—
28
Net
$450,197
$760,874
$0.11
_____
.'
1943
1942 <
$541,807
$573,101
$0.34 /
$0.36
charges and Federal income
Number of common
6
share_^__;___
common
,,
f$323,760
•:
$0.20
_____
per
Subsidiaries)
1944
30—
provision of $.75,000 for
1944—12 Mos.—1943
1944—3 Mos.—1943
Ilealey Petroleum
Net
Co.—Earnings—
Domestic and Canadian
June
adjustment*
due Oct. 1,
Bank, New-
V
-
Hummell-Ross Fibre
the 875,000 shares
"On
paid Oct. 1, 1944, on the 5%
surrender of coupon No. 63,
office of The Chase National
profit
"Net
Subs.)—Earnings—
profit after charges
and
1080.
(Including
/•
Manufacturing Corp. (&
•Earns, per com,
Profit
$3,643,000 of series
$7,167
.
p.
Hudson Motor Car
;
Earnings
declared—
Period End. June 30—
Net
standing after
or
income
on
is payable at
York.—V. .160,
$62,570
1957,
due
bonds,
Interest
35,000
will be
1%%
of
Interest
1944.
$97,570
35,000
In¬
5% Bonds—
income
4,739
•
1942
$239,000
•
RR.—Interest on Adjustment
Hudson & Manhattan
•
$92,832
5,705
charges
—V. 160, p. 431.
Net
1185.
1943
$214,000
-1944
_„___.—$169,000
income
come
28,978
30,794
108,053*
2,917
;_L
income
Hayes
4
(Harvey), Inc.—Earnings—
6 Months End. June 30—
"Net
$611,697
389,831
$655,760
V 408,312
$9,923
;'v
Net
1943
$95,721
$0.43
.
$10,131
__—
Dividends
share
common
Hubbell
86
Retirement res. accruals
Interest
4944
$233,076
$1.13 '
L
;
per
"After
64
inc.—net (loss)
Gross
profit
$1.54
1944—12 Mos.—1943
8,980
.
$10,195.
revs
oper.
Balance
"Net
Co.—Earnings1944—Month—1943
$55,542
$53,787
33,457
32,114
2,108
2,769
31—
__.
Net
Material Co., Inc.—Earnings—
30—
Ended June
Months
Earnings
•
Maintenance
•
taxes
1050.
Operating revenues
Operation /____
Non-op.
Wy%
t:y. 158, p. 672.
1943
1944
$54,586
;•
:■
charges and
Period End. Aug.
Ta^es
$104,673; accrued payrolls, taxes and
Federal income taxes and renegotiation
payable,
$355,920; provision for
1943, $814,582; year 1944, $705,860) (less U. S. tax series notes
of
$1,165,800), $354,642; reserve for contingencies, $50,000;
capital
stock
(par $2.50), $1,200,000; surplus, $596,599;
total, $2,661,835.—
Co.—Earnings-
Creek Coal
Haverhill Gas Light
'
•'
1
Sheet, June 30, 1944
(year
$274,183
$232,641
$1.23
-
share
common
156, p.
stock (no par):
*
A
$0.62
$610,750;
Liabilities—Accounts
expense,
6
1944
taxes
Ended June 30—
income
Net
590,420% shares
"
the
$0.43
$0.42,
customers' accounts receivable (less $3,500
reserve), $287,019; inventories, $411,877; U. S. Govt, securities (cost,$766,179), $766,339; railroad, municipal bonds, etc. (cost, $10,660),
$10,500;
accrued interest receivable, $11,166;
claims against closed
banks
(less $7,000 reserve), - $2,428;
estimated post-war refund of
excess profits tax, $65,300; land, buildings and equipment (less depre-t
ciation reserves. of $353,766), $474,818; goodwill and trademarks, $1;
deferred charges to future operations, $21,636; total, $2,661,835.
Co.—Earnings—
Hatfield Campbell
Preferred stock (no par):
$5 series, issued 284,424%
Common
$299,210
2197.
p.
6 Months
Jess
^Properties—On
$208,079
Houston Oil Fields
profit after charges and
Earnings per
•was
•
$201,796
Balance
working
Months Ended June 30—
9
Net
in
.
\$190,573
$0.40
Assets—Cash,
.
preferred stocks, to pay a $1,000,000 bank loan and to.
capital.
'
'
rate on the new preferred stock is to be determined
$5.50
tax
of
number of
"299,555
profits tax.
tlncludes excess
and provision for renegotiation of $588,860 before post¬
of $9,300.
A
•
:.
..
refund
war
dividend
Harshaw Chemical
*
a
31, 1943, the
15,785
17,058
> "385,265
provision for Federal excess
"Includes
160. P. 984.
—'V.
v
Dec.
6,742
$614,550
"712,180
'
and not
come
On
18,347
profit
'
sh. on 480,000
shs.
of capital stock
$5.50 preferred, each no par, will have
exchange for each share of such stock
one share of
the new preferred and an amount of cash equal to the
sum of the accrued and unpaid dividends or the amount by which the
redemption price exceeds the public offering price of the new stock.
authorization
preferred and common stocks, each of
was 4,105.
The largest single stockholder of
Chicago, Burlington & Quincy RR. which owned
6fLlthe company's preferred stock and 75,428
stock; or slightly more than 12% of the
$931,407
17,431
.
t696,560
Net
preferred and 30,000 shares of
the opportunity to receive in
The
■1
9,794
$610,402
15,307
8,331
Earn, per
competitive bidding and is to be in multiples of 20 cents
than $4.60 a share, while the price to he paid to the company for
new preferred stock is to be not less than $103 or more
than $108 a share.
'
^
Holders of the outstanding issues, amounting.to 69,994 shares of $6
rail¬
(said
bonds
of said NOGN).
^
first and refunding mortgage bonds are also secured by the
pledge of $2,850,500 first mortgage bonds, $2,091,500 of the 5% in¬
debentures and 7,888 shares of the capital stock of NOGN (being
all of the securities of NOGN owned by the company), 280 shares of
capital stock of Gulf Transport Co. (being all its issued and outstand¬
ing stock) and 199 shares of capital stock of Meridian Terminal Co.
(being approximately 20% of its issued and outstanding stock),
Company—Incorporated under Mississippi laws on Nov. 10, 1938, for
period of 99 years, for the purpose of acquiring, pursuant to a plan
reorganization duly approved by the ICC, the business and proper¬
ties, including leasehold interests, of Gulf, Mobile & Northern RR.,
organized in 1916,' and of Mobile & Ohio RR., organized in 1848. This
reorganization and consolidation of previously competing railroads be¬
effective in September; 1940. ". At the time of the reorganization
GM&N was *a solvent company, and had fully earned its fixed charges
all but three of the years 1931-1940, inclusive, and accordingly its debt
assumed undisturbed by the present company and its capital stock
converted into capital stock of GM&O. The M&O, formerly con¬
trolled by Southern Railway Co., had been in receivership since 1932,
and in the reorganization its fixed interest debt, except equipment obli¬
gations, was substantially scaled down and its capital stock was not
recognized.
As a result, on consummation of the reorganization, the
initial fixed interest debt of GM&O amounted to approximately 35%
than the total of its predecessors and its initial fixed charges
amounted to about 40% less than the combined annual fixed charges
its predecessors.
At the present time the company is qualified to
business in Alabama, Mississippi, Louisiana, Tennessee, Illinois and
:
$916,100
$897,149
—_
for Fed. inc. tax—'
Prov.
the shares of
without
trusts and
railroad,
'
170,514
$607,807
($2.50 par)
by
purchase from Reconstruction Finance Cor¬
the date of issue of the series D bonds, of
'
170,697
$600,608
Depreciation
more
collateral trust bonds, series B, 4%, due 1958.
Security—In the opinion of the company's counsel, the first and re¬
funding mortgage bonds of all jseries will, at the time of the issuance
of the series D bonds, be secured, ratably, by a first mortgage lien
(subject to liens for taxes and assessments.remaining payable
penalty for the current year and subject to equipment
equipment purchase contracts) on all of the company's
appur¬
tenances, equipment and physical properties (other than personal prop¬
erty owned or acquired for sale as merchandise) and trackage agrees
ments and upon the lease under which the company operates the
road properties of New Orleans Great Northern Railway (NOGN)
lease being subject to the indenture securing the first mortgage
Kentucky.
203,323
and
bonds
on
,,
187,722
;'{ Profit
/
1080.
p.
up
The
$8,600,000
'
inc.
miscellaneous
proposed
build
at least
bonds, together with approxi-cash, will be applied to the redemption
of $2,000,000 collateral trust bonds, series A,
$798,000
mately
1941
$778,321
$1,119,423
profit
Operating
Net
*
1942
$771,305
;
$1,084,872
"
$12,000,000 refunding program of the Gulf States
Utilities Co. was approved Sept. 15 by the SEC.
% The company plans to use the proceeds from the sale of 120,000
shares of new $100 par value preferred stock to retire its outstanding
by the Interstate
'
,Amount
550,000
Gulf States Utilities
The
fund, calculated to re-,
53% of the issue prior to maturity, also on
30 days' published notice, at 100%
of the principal amount
together with accrued interest to the date of redemption.
tire not
.
1943
1944
30—
Manufacturing profitSell., gen. and adm. exp.
6 Mos. End. June
u—
Marks & Co.
Laurence M.
Coupon
fully
authorized multiples
at
from time to
30 days' no-
tice.
■
Hoskins Manufacturing Co.—Earnings—
,
v
.
$1.14
$0.75
Nil
and Federal taxes.
From estimated
profit for first six months of 1943, company deducted depreciation of
$500,000 and property taxes, maintenance costs, etc., of $700,000 for
the second
half of 1943, leaving estimated net after provision for
second half expenses, at $304,043, or 1.5 cents a share on the out¬
standing stock.
fUnder WPB order th6 mine was not operated during;
the 1944 period.
JLoss.—V. 158, p. 1034.
depletion
.
York City and in Chicago.
and Oct. 1 in New
Name—
•
______
share
depreciation,
"After
••
850,000
850,000
850,000
750,000
750,000
750,000
750,000
_
denomination of $1,000, registerable as to principal, and
registered bonds in denominations of $1,000 and
thereof.
Coupon and registered bonds interchanged.
Redeemable
.option of the company in whole at any time or in part
time, on any date or dates prior to maturity, on at least
bonds in
Inc.'.
1944
1943
1942
fj$525,049 "$1,504,043 "$2,293,244
•
profit.
net
Earnings per common
Stroud & Co., Inc.—— $550,000
Auchincloss, Parker & v.
Kidder, Peabody & Co.—
Redpath
250,000
White, Weld & Co.—
The Illinois Co. of Chic.. 250,000
A. C. Allyn & Co., Inc.—
Putnam & Co
—_
250,000
Bear, Stearns & Co
Stein Bros. &.Boyce_____ 250,000
Equitable Se.curs. Corp.—
William Blair & Co..^__ 100,000
Lee Higginson Corp
J. C. Bradford & Co— 100,000
Paine, Webber, Jackson & - .
' Courts & Co...
100,000
Curtis
750,000
Cruttenden & Co.—
100,000
R. W. Pressprich & Co..-.750,000
Harold E. Wood & Co.^_. 100,000
Shields & Co..;—__
June, 30—
Ended
Months
6
Estimated
respective names:
set opposite their
2303.
p.
Homestake Mining Co.—Earnings—
—
bonds
D
Operating
Operating
Revenues
\
J
159,
Income
Net Ry.
Total Ry.
5,327,219
$12,992
2,740,314
$6,387
profit
—V.
for Calendar Years
Total Ry.
(
Western Brewery Co.—Stock Sold—A
total of 13,506 shares of common stock (no par) has been
sold at $33 per share by Edward D. Jones & Co., St.
Griesedieck
Net
1944—6 Mos,—1943
5,220,109
$19,810
1944—3 Mos.—1943
2,500,616
$5,920
Period End. June 30—
Rev. passengers carried
,
.
Summary of Earnings
,
Railway—Earnings—
Holyoke Street
1, 1949,
1, 1951,
July 1, 1948, $496,000; July
July 1, 1950, $395,000; July
July 1, 1947„,$496,000;
3%% bonds mature
July 1, 1952, $383,000.
shs.
outstdg
THE COMMERCIAL & FINANCIAL CHRONICLE
1296
Indiana & Michigan Electric
Co.—Transfer Agent—
Guaranty
of
Co.
Trust
York
New
transfer
See offering in V. 160,
cumulative preferred stock.
agent for the 4>/»%
1186.
.;//.,■
/
r
appointed
has been
;.
..
thereto,
best
of
bid
rates
Machines
Business
Increase
Corp.—To
Jesse
today announced that the De¬
authorized an increase in its contract
with the above corporation to provide additional equipment and ma¬
chinery at a plant in Poughkeepsie, N. Y., at a cost of approximately
31,750,000, resulting in an over-all commitment of approximately $2,315 000.
The International Corporation
will operate these facilities,
title remaining in Defense Plant Corporation.—V. 160, p. 729.
fense
Secretary of Commerce,
Jones,
Plant
Corporation
has
was
accepted.
The bonds, maturing serially over a period of
will bear interest at varying rates for the serial maturities,
beginning in 1948, in order to 1974, at 4, 3%, 3%, 3%,
3%, 3%, 3%, 2%, 2%, 2V2, 2%, 2%, 2%, 2%, 2%, 2%, 2%, 3, 3, 3,
3, 3, 3, 2'/2, 1%, 1% and 2%.
Of the proposed issue $19,500,000, with
maturities
sold
to
and
the
them
the
from
bidders
several
a
income
Total
1944—6 Mos.—1943
1944—3 Mos.—1943
Period End. June 30—
$20,857,569 $43,576,269 $41,937,623
521,418
954,018
975,730
$21,358,687
Operating revenue
Oper.
530,209
(net)—
funded,
on
'On
400,000
amounted
to
of
debts
Int.
subs
shares
debs,
on
of
Hydro-Elec.
of
Amort,
and
S.
Operating
expenses
4,728,013
4,815,260
398,520
797,040
797,040
313,305
4,393,653
362,250
343,800
704,550
692,500
taxes—
pfd.
stks.
Minority
int.
of
income
of
Consol.
net
1,662,515
3,463,470
595,103
1,051,414
1,051,414
160,194
229,453
406,045
in
income
14,465
15,192
31,601
income—
'$319,417
$204,099
'$262,620
$193,229
due
22—V.
Aoril
160,
,
the U. S, District
1.
1944.
A
Court
hearing
record Oct.
of
87l/2
such
21.
cents
dividend
share
per
to
be
for
Boston
at
the
on
•
directors
declared
Nov.
on
petition
the
on
1' to
the corporation
was
Sept.
Federal
Fed.
—V.
160,
$3.50
holders
19
capital
declared
a quarterly
payable Oct. 16
stock,
usual
par $1,
been
and of $1
and
30,
dividends
share
per
both
dividend
of
holders
to
20
of
$372,395
114,016
456,066
James
were
1943.—V.
L.
has
Dunn,
been
157.
of
2
cents
the
on
common
378,722
$771,180
$163,699
$981,116
March
on
28,
last,
and
1252.
p.
March
on
26
/
formerly
Assistant
Manager
charge
Vice-President
1181.
of
the
industrial
Bridgeport
rela¬
stock
common
NASD
secondary offering of
$34.50 a share.
Con¬
a
at
members, 75 cents
share.—V.
a
160,
directors
the final
value
and
7%
For
ofr,25
initial
an
$50
new
(called
cents, per
payable. pet. l
cents' each
wpre
quarterly
value
par
offeringnoI.
for
5%
redemption
share
the
on
dividend
cumulative
share
per
202,650
-153,230
701,230
957,590
208,840
175,760
769,660
396,911
tax—
the
on
1,
>
1944,
1,
value
par
stock
of
A
$741,695
$714,750
;
$2,900,563
13 /
Dr2,238
—V.
1944),
common
Distributions
quarterly
which
from
compared
with
y/7yy,
160. p. 832.
profit
1944
"""
(& Subs.)—Earnings
1943
$247,812
$78,535
$42,536
$1.02
$0.83
$0.26
$0.14
Kansas City Southern
Period End. Aug. 31—
oper.
Ry.
oper.
Federal
revs.—
-
taxes..,..
-
(net debit)
tOn
300,000
$739,458
322,297
336,310
deducts.
$3,167,001
1,303,527
$417,160
$378,452
.
114,017
jr. pfd
$1,599,518
2,096,203
500,000.
$815,135
$667,029
214,527.
93,230
1944—8 Mos.—1943
$3,576,990 $29,506,534 $28,551,493
2,234,961
17,385,290
16,312,111
490,000
4,995,000
4 840 000
185,000
1.344,000
1,372,000
$5,782,244
$6,027,382
299,945
1,850,827
2,026,215
li,529
■
171,848
82,740
' '
inc.—
$507,379
$355,556
$3,759,570
$3,918,426
456,066
94,680
-378,722
378,722
.
94,680
$208,463
of
Holders
•
Sept.
12 authorized the
company to issue not exceeding
bonds, to be sold at par and ac¬
$47,000,000 of
first-mortgage serial
crued interest,
and the proceeds, with other
$49,121,000 of outstanding
first-mortgage 4%
Authority also was granted to the
funds,
gold
Custodian
to
of
have
participation
been
advised
J
1943
of
Keystone
that
the
31,
-
Holders
Series
them
be
of
Custodian
v/>
of
div.
but
July 15,
1944
Total
be
The
tax
reported
of
that
tax
Custodian
be
as
as
long-term
used
to
redeem
inc.
it
ago,
public
and
is
the
$0.1065
'
Keystone
with
Funds
amount
now
July
of
year
to
31,
the present annual report covers
this
period
net
be
bids
were
duly
of
capital.
of
part
from
a
of
"
1943
.
■'
1944.
Due
"S
from
4"
to
the
Series
3"
"B
31
1942
'
$435,986
$1.48
$1.24
■
f$754,802
$3.98
income
tBefore
v
1942
taxes,
etc.
deduction
the
$3.20
tlncludes
of
-
1941
$607,220
,
$100,000
for
future
-
,
,
addi¬
an
sales
may be subject to renegotiation
will have no material effect
upon
results
-.-v/yy y
v.y
Co.—Earnings—
\
and
1944
1943'/
1
taxes..,y, $542,609
share——,;.
/
'
,
/":
'
:
1942
$284,635
■/
$1.27 //
$149,965
•
"Z$0:6?
-$0.35
~r
•"
Aircraft
to
Fund
Corp.—Arranges $175 Million VT
yy/v/y
has
and
negotiated
1%
and
it
has
and
the
VT
a
been
Treasurer.
loan
of
$175,000,000 with 15
by C. A. Barker Jr.,
announced
The
loan
is
being
arranged to meet
termination needs.
The commitment fee will
interest rate 3%, with a 90%
guarantee by the
Banks making the loan are
Anglo California National Bank,
Francisco; Bank of America National Trust and Savings
Co.,
of
York;
and
York;
the
California
Trust
Co.,
Continental
First
J.
Co.;
Manhattan
Bank,
New
Illinois
National
Co.,
Los
York;
of
York;
Angeles;
Chase
National
Bank
New
Central
National
Bank
Boston;
Bankers
and
Bank,
New
Co.,
Chi¬
Trust
Gitard
Los
Trust
Hanover
Trust
Co.,.. PJirUr
P.
Morgan & Co. Incorporated, New York;
New
Philadelphia National Bank; Security First National
and Union Trust Co., Pittsburgh.—V. 160, p. 1081.
Los Angeles,
/;
San
Assn.,
Bank
New
Bank
York
B&lrik,
/|';:,;C/r^
Loose-Wiles Biscuit Co. (& Subs.)—Earnings—
6 Mos. End. June 30—
•Net
recent
Jan.
'
$517,846
$1.72
1975.
chgs.
operating
of
year
.change in
July 31,
period of only six months.
a
assets
"•
1944
$4.18
628.
p.
■
Angeles;
more
a
approximately $61,400,000
Custodian Funds,
Inc., in
Fund
all
corporation
V4
Trust
10
ended
fiscal
loan
$604,147
$3.79
certain
that
per common
delphia;
the
compared
periods
the
be
named
•
1943
Federal
Army.
$0.2500
by Keystone
making
report of the Low Priced Bond Fund Series "B 3"
report of the Low Priced Common Stock Fund Series "S 4"
of
will
are
by amendment.
*$793,961
,
that
159, p.
after
current
be
capital gain
annual
the
close
3V2
Federal
taxes.
states
Vice-President
0.1435
disclosed
the
annual
covering
of
assets
each
price
Noel & Co.
1944
large commercial banks,
Assets Increase—
$88,000,000
for
expected
160,
1944
profit
Earns,
'After
com.
Federal
sharetaxes,
$1.94
/
1942
$639,505
$719,691
S1.25
$1.21
</
$1.32
depreciation, interest, etc.—V.
increased
''
1943
$674,908
$991,443
per
'1941
160,
share
for
bution
notes
of
1,153,265 shares
realized
that
months
Net
the
was
on
profits
total
July 31,
of $2
gain
per
in
net
approximately 19%.
asset
value
share
per
1944.
asset
1
for
Adjusting for the distrir
paid on July 15, the report
share
value
share
per
the
"S
4".shares
for
by
p.
986.
during the six months, rising from $4.14 to $4.66.
assets
on
July 31,
1944.
were
$5,662,991 with 1,214,859
outstanding compared with $4,521,821 for the 1,091,746 shares
outstanding on Jan. 31, 1944.—V. 160, p. 1081.
^
v
net
P.-Tennis.
published
and
Prov.
for
Fed.
taxes
inc.
and
prof.
•—_
Reversal of
prior yr.'s oper.
■
6,378,678
275,000
res
invitations
issued.
to
bid
were
Net
profit
'Earnings
'On
per
—
share
1
•
-
5,545,359
—'
common
•
$4,246,193
•
$
536.
p.
Sales
The
weeks
33,415,979
———
average
ended
number
Sept.
9,
of
during the 1943 ninth period,
was •
a
2,920,
in
a
to
the
the
of
consists
on
,
.
an
.
.•
in
the
..
provisions
and
Louisville
of
section
...
11
-
1,500
..
$
'
304,217,364 289,998,679
operation
compared
decrease of 4%;.—V.
during the four
with
3.039
stores
160, p. 832.
approved
Madison
-
tha
(Ind.-.
before
&
held
Electric Co.
the
member
a
(B)
?
of
,
sale
the
is
the
.i
capital
In
in
tha
.
approv-;
necessary
holding
or
com¬
and
necessary to effec¬
Public Utility Holding
.
>*•// yy/.--.Zyy /, /*// yy -"..y
- Vy/; y/y/':://
Corpy^Earnings—
'
>
_——
1944
1943
;
' "$310,852
13.
110,369
109,983
$203,646
profit
p.
of
V
taxes——^—1—$314,015
taxes
160,
shares
indebtedness
..
simplification of
M */
1187.
p.
is
of
.
Gas
Commission
integration
which
$200,869
,..;/y
Lowell Gas Light
1944—36 Wks.—1943
of Unit—
12
the
account
open
/.
subsidiary of Standard
transaction
system
Net
—V.
$
31,135,354
Kroger stores
1944.
..
$
-
Sept.
on
interest
6 Mos. End. June 30—
Net
$4.49
160,
1944—4 Wks.—1943
.
interest
.
Kroger Grocery & Baking Co.—Sales Higher—
Period End. Sept. 9—
Commission
entire
$5,688,673
$3.04
$2.15
stock.—V.
its
Lowell Electric Light
1
.
12,674,389
$3,349,690
.
1,000,000 shares of
is
Company Act.—V. 160,
1942
$9,453,368 $16,920,582 $11,234,032
exc.
the
tuate
1943
of
Louisville's
Louisville
pany
1944
charges.—.
Exchange
(par $100) and a claim
principal sum of $315,000. .,.
appropriate
12 Months Ended June 30—
and
company
stock
Koppers Co.—Earnings—
after
the
Light & Power Co. for a cash consideration of $624,000 to Robert A.
Yunker, Michael E. Garber, Herbert L. Lyon, Herbert H.
Johnson,
A. Greiner,
George W. Cofield, Joseph M. Cooper and Marshall
shares
Profit
Securities
by
Walter
approximately 16%
Total
The
sale
12
advanced
,
.
Series
Louisville Gas & Electric Co. (Del.)—Sale
w
Federal
Topeka & 'Santa Fe
Ry., Chicago, Burlington & Quincy,
Chicago Great Western, Henry A.
Scandrett, Walter J. Cummings and
George I. Haight, as trustees of
the property
of Chicago, Milwaukee, St. Paul &
Pacific. Joseph B.
Fleming and Aaron Colnon, trustees of the estate
of
the Chicago
Rock Island & Pacific, Kansas
City Southern, Missouri-Kansas-Texas
RR., Guy A. Thompson, trustee, Missouri Pacific
RR., J. M. Kurn and
Frank A. .Thompson,
trustees, St. Louis-San Francisco, Union
Pacific
RR.
and
Wabash, to assume severally obligation and
liability
in
respect of their proportionate shares of the
principal of, the premium,
If any, and the interest upon the
bonds authorized to
for
is
cago;
Combined
subscription
*$718,904
.
report
The
follows:
__
depreciation,
Loan—
by
1944, should
long-term capital gain.
Long-term capital
by 50%- in computing your income tax.-
a
reduced
and
share.—-
Lockheed
Fund
distribution received
/
—
return
for
$2.6000
designated above as a "capital gain dividend" is to be
under the capital gains and losses section of your Federal
should
preferred
company's
income and
excess
profits taxes.
$2,021,737 in 1944, $1,283,609 in 1943 and
$753,878
350,140 shares of capital stock.—V.
159, p. 1660.
per
Earnings
2.2499
.
$0.6300
Keystone
the
purposes
as
—
'
6 Months Ended June 30—
$0.3501
/v
•
amount
income
gains
the
to
were
tOn
173,153
it
Net
'/—v.—
dividends (per share)
——
reported
filed
—
Line Material
July 15/44 /
to
be
rights
.
of
and
——
profit-,-————
The
yy/.Z
>
advised
for Federal income
Amount to be reported as
share)
date
conversion
offered
be
depreciation
earnings.—V.
during the fiscal period (six months) ended July 31,
Capital gain
record
will
y.
be
share
one
Other will
contingencies.
Fund
v
w
$0.6300
long-term
as
participation
shares have been
reported
will
first
Inc., and Van Alstyne,
——
taxes
1242.
tional
received
Jan. 15,
——„—
certificates
"S 4"
The
;
of
per share
Earnings
should be reported
1944,
dividends (per share)
as
gain div. to be reported
capital gain (per share)
„
rate
of
-/.\
will
for
and
excess
profit
'Net
of Divs.
distributions
><
Capital
Total
at
exercise
to
y
12 Mos. End. June 30—
1944
-
be reported
respect
6 Months Ended June 30—
'After
$150,909
Funds, Inc.—Taxability
by them during the fiscal year ended July
for Federal income tax purposes as follows:
Amount
with
preferred
SEC
$30),
shares
Lily-Tulip Cup Corp. (& Subs.)—Earnings—
1944
$155,510
bonds.
Atchison,
Requests
of
Federal
*
shares
the
(par
Common
applied to the redemption of a bank
proceeds, if any, will be added to working
of excess net proceeds might be used for
acquisition
the manufacturing facilities
presently being leased
tEarnings
$977,811
$764,730
$169,755
and taxes
certificates
"B 3"
new
common.
proceeds
'After
Series
registration statement with
a
Life Savers Corp. (&
Subs.)—Earnings—
in
Keystone
Registration State¬
—
of
'Net
(Including Wholly Owned Subsidiaries)
Kansas City Terminal Railway—Bonds
Authorized—
on
$0.67
.
$1,812,599
456,066
114,017;
$19,481,417, amounting to $16.97 per share on 1,147,724 shares
outstanding on July 31, 1943, to $20,980,394, equivalent to $18.19 per
1187.
The ICC
$0.91
1,354,401
-
ing
>er.
1,929,127
agency,
•
■
:
/
.,y:y~ --y- y y •.
July 31, 1944, unfilled orders of Liberty amounted to
approxi¬
mately $13,200,000.
Liberty owns around 41% of the outstanding com¬
mon stock
of Autocar Co. and as of Juhe
30, 1944, unfilled orders of
Autocar were approximately $30,126,000.
As of June 30, 1944, unfilled
orders of the
Highway Trailer Co., another subsidiary, amounted to
approximately $9,500,000.—V. 160, p. 1187.
^
Dr791
$2,903,046
$714,763
160, p. 832.
During
Railway—Earnings-
168,000
Ry. oper. income
Equip, rents (net debit)
Jt. fac. rents
taxes, etc.
1944—Month—1943
exps
income
1943
$1,285,179
1,929,127
——
from
$3,579,339
-
Other taxes——
1941
$305,937
—
share—
'After interest,
depreciation, Federal income
shares of capital stock.—V,
159, p. 2198,
Ry.
1942
>
of
all
As
;
$3,167,791
2,483
par
v
Kalamazoo Stove & Furnace Co.
per
1944
$1,753,217
-
.
pfd,_<—_
7%
filed
issuance
of
stockholders
portion
or
118,580
profit after charges
62 V2
$100
Oct.
of
as
no
common
July
^ew; preferred stock see V.
6 Mos. End. June 30—
tEarnings
"
i
governmental
(net )_^__
6%
for
$1,000,000 and
1,126,331
_
has
principal underwriters.
Keyes Fibre Co.—Earnings—-
than
'Net
.<
—
/
160, p. 12.
(per
preferred
the
on
to holders of record Sept. 20.
made
194#,''tft and including
on, ijarv. i2.'/i943.
1,
cents
15
declared
the
preferred'stock
all
25
April
on
quarterly dividend of $1.75
dividend
a
stock,
of
have
share
per
stock,
$0.51
2637.
p.
:
preferred stock,
Net
1,084,858
Distribution of—
(The E.) Kahn's Sons Co.—Initial Preferred Dividend
cents
184,000
„
224.
p.
shares
shares
275,277
6 Months Ended June 30—
t
985.
The
$2,370,500
$0.68
—
share
per
filed by amendment.
E. H. Rollins &
Sons,
1944—12 Mos.—1943
$3,021,898 $13,206,221 $12,567,490
1,702,882
7,749,910
6,800,286
278,897
Distribution of—
of
in
Sept. 16 made
on
17,260 shares of
p.
:
shares
common
reserved
the
Fed.
Balance
-V.
Johnson—Secondary Distribution—Kidder,
Peabody & Co.
to
244,900
share
common
corporation
The
—V.
cession
$2,743,200
85,800
cents).
be
(Company Only)
1944—3 Mos.—1943
$3,339,872
1,907,789
taxes.
other
on
on
stock,
Sept.
made
159,
elected
p.
Johnson &
,
1944—6 Mos.—1943
$1,226,100
137,500
80,000 shares of $1.25 cumulative convertible
preferred
160,000 shares of common stock (par 50
456,066
378,722
,
tions.—V.
1944—3 Mos.—1943
$1,517,100
Liberty Aircraft Products Corp.
,
$1,815,904
$1,605,968
// '
94,681
$214,631
income
Net
Jenkins Bros. (N. J.)—New Vice-President—
plant,
$0.95
-
ment—
y
cents
record
the $25 par value preferred stock have
30 to holders of record Sept. 20.
on
payable
distributions
Sept.
;
_
Co.—Earnings—
charges and Federal taxes
of
Earnings
160,
1,524,360
94,681
income-
oper.
income
Divs.
••/■/ y/::'
Co., Inc.—Semi-Annual Dividend—
semi-annual
declared,
Similar
after
Number
$3,340,266
1,472,062
prof-
prof,
and
Net
y/./y
The
than
exc.
income
exc.
Int.
—
'•••'•"
Investors Royalty
y
.
$3,078,030
379,374
of
432,
p.
„
charges and taxes.—V, 159,
—'V&.
$751,771
114,016
expenses
Gross. income
30.
A similar distribution was made on July 15, last, as com¬
on April 15, 1944.
1943, the company paid a dividend of 10 cents per share for the
quarter and 25 cents in each of the following three quarters.
first
2,797
Chgs. in lieu of inc. and
excess profits
taxes—
will not close.—
pared with 10 cents
In
59
/
pfd.—
Jr.
other
Other
y.;/y/-/'z
■•;V.-.v.;.\
Sept.
on
the
on
$296,887
——————
—
Lehigh Coal & Navigation Co. (&
Subs.)—Earnings—
$3,341,333
Dr 1,067
361,476
revenues—L
Investors Mutual, Inc.—Distribution of 20 Cents—
share
$3,075,233
Dr2,129
—1—-
and
Divs.
The
$751,712
Statement of Income
Sept. 19 the regular
on
was
paid
The transfer books of
160, p. 119.
per
150,000
6 Months Ended June 30—
327.
p.
meeting of the board of directors held
diviaend
v.
$10,449,158
396,910
$786,933
Period End. June 30-
Net
stock,
769,660
$423,328
7%
Operating
Operating
Taxes,
has petitioned
preferred
175,760
'After
.
deducts.
34,775
quarterly
1,001,101
per
common
International Utilities Corp.—Preferred Dividend—
a
731,568
of
approval of a proposed
payment
of interest
accrued
lor
the
six
months. April 1, 1944. to Oct. 1, 1944, on the. $26,568,000 convertible
At
157,732
118,580
(net),—.
Shore's
1,212,441
income—
Earnings
1,204,792
208,840
6'k pfd.—
on
Balance
.
Sept.
1,160,142
213,140
income
on
Divs.
inc.
held
294,708
net
subs——
debentures
297,928
v
income
•/
listed
sum
Lake
on
taxes
income-
'Net
Net
r*
operating
Net
Divs.
Interest Petition—
6%
Gross
$3,204,894 $14,059,328 $13,367,517
8,322,721
7,304,789
1,824,981
2,048,083
$784,804
against
company
$370,674
a
Co.—Earnings—
Period End. June 30—
433,992
-
.
The
of
account
contingencies^—;
Lane Wells
/
1944—12 Mos.—1943
profits taxes
Interest & oth.
3,463,467
525,707
'Loss.
■
revision
property,"
—V.
The
subs
charges
the
3635.
p.
1,659,328
for
of
pfd.
requirements,
income
in
exc.
Other
stocks of subs——
Other
for
physical
143,
Net
profit
Earnings per common share—
160, p. 1081,
taxes
4,689,038
1,731,916
Div.
Reserve
$0.94
tFederal
stock.
common
$3,554,923
—
profits tax
lieu of inc.
excess
Net
3,971,019
2,478,369
other
$474,438
$0.65
$0.57
par
company
ana
on
A
3,988,195
2,445,196
profits
class
1,918,170
the
income
for
12/43 June 13/42
$352,299
t$326,944
1944—3 MOS.—1943
taxes
.
1,938,336
/
/
pf
Earnings for (i Months Ended June 30, 1944
•
Net
62(5,831
596,098
excess
income
no
——
income
Charges
and
286,738
taxes
Federal
Fed.
taxes
declared
and
4,406,435
•
and
inc.
profits
excess
revenues
4,340,078
-
against oper.
Canadian
Diva,
Operating
2,188,972
398,520
disct.
of
Period End. June 30—
depreciation
charged
U.
2,173,732
System—
debt
for
2,464,437
Intl.
expense—
Prov.
1,165,949
2,397,867
sale
sales
:
15,564,621
2,358,340
the
over
amendment
an
provides
and
sheet.—V.
Reserve
Kentucky Utilities Co. (& Subs.)—Earnings—
17,828,315
General
—
of
Ashtabula, O.—Sale—
jurisdiction
Lamson & Sessions
$1,546,892.—V. 159, p. 1354.
7,467,671
etc.,
amendment
:
June 16/44. June
aft. deprec., int. and taxes
'Earnings per share—
1,315,867
Int.
filing
"plant
a
160, p. 985.
(& Subs.)—Earnings—
2,150,526
inc.)
on
1973,
1,
released
——
incl. purch.
(other than
on
maturing
The
in
balance
inclusive was
a
joint and several basis,
Oct. 1, 1974, was sold to
Oct.
to
associates
bonds
24 Weeks Ended—
8,520,259
Taxes
their
of
basis.—V.
1948,
the
Net
$21,888,896 $21,378,986 $44,530,288 $42,913,353
revenue—.
exps;,
1,
Net prof.
Earnings—
Other
and
$27,500,000
on
Oct.
has
providing for' accounting ad¬
justments.
""•••./. i),.
'■
Associated Electric Co., Lake Shore's
parent, has agreed to sell the
utility to Malvern Hill and lour associates, and Stranahan, Harris &
Co., Toledo investment firm, for $720,000.
follows:
serial
SEC
following
years,
Subs.)—
(Incl.
System
Hydro-Electric
The
the terminal company of
interest rate to
average
an
Kendall Co.
International
Lake Shore Gas Co.,
'J
approximately 2.75%, being from Dick & Merle-Smith and 4 associates,
27
as
Facilities—
bankers, security dealers, and others.
In
representing 166 parties were received, the
accrued interest for a combination of coupon
bids
3
and
par
resulting in
which
International
Monday, September 25, 1944
investment
191
to
response
The
p.
mailed
Co.—Refunding Proposed—
The
Massachusetts Department of Public
Utilities, following a hear¬
Sept. 12, took under advisement this
company's petition for
approval of the issuance of $1,000,000 of
ing
on
ceeds of
which
are
to
bonds, due March 1,
,
The
Commission
be
3%% 25-vear bonds, pro¬
applied to the retirement of $950,000 of
4% %
1966,
was
now
also
outstanding.
asked
to
approve
a
proposed
change
in
whereby 30,000 shares of common stock and 481 shares
stock, half the outstanding stock of both issues, are to
capital stock
"A"
series
of
Master Tire & Rubber
the
of
retired.
and
acquired
stock.'
common
Commission
The
informed
that
—V.
five
next
the
during
alone.—V.
1
Earns, per shr. on
$244,780
$479,484
$1.53
com.
Missouri
share with
per
Petitions
ments
There
charges and taxes.—V.
158,
p.
a-
plan.—V.
and
Pacific
160,
plan
Comparative
6 Mos. End. June 30—
Fed.
Earns, bef.
Fed.
&
inc.
6 Months Ended June 30—
1941
1942
1943
$500,042
$735,382
$469,418
437,005
294,385
Profit
$408,280
Ti 313,500
126,568
taxes-,
—
before
cies
profits
exc.
taxes—;
'
1944
Net
—V.
$186,542
$298,377
$175,033
$1.99
$1.16
Net
McCrory Stores Corp.—Earnings—
$67,802,773
Costs
and
Profit
59,401
$8,032,895
Dr4,135
$5,977,347
Dr89,462
$7,211,856
of
sales,
,
than
profit before
and
v
amortiz
&
Interest,
&
$5,887,885
715,258
• 97,500
690,369
97,500
inc.
4,700,000
5;588,755
840,220
$2,298,337
$2,498,621.
$2,486,372
$2.22
$2.21
$2,492,621
$2.21
•
profits
exc.
...
taxes
.
Net
■
redemption
Net
profit
tEarnings per share—
$2.02
tOn 990,253 shares common stock (par
Profit before
Fed.
Oper.
inc.
taxes
&
exps.
2,344,305
1,957,076
1,428,000
1,026,000
—V.
1,857,000
$931,076
share——
$1,000,922
$2.11
$1,487,305
$3.14
7,981,737
per
7,305,193
705,439
share
common
705,439
5,217,147
*
5,217»J47
$1.26
$1.39 !
/
;
Sheet,, July 31, 1944
able excess profits taxes, $3,035,000; land, $6,518,360; buildings,, fixtures
and equipment-(less reserves for depreciation of $39,626,426 ), $32,162,-*
leasehold
478;
Ltd.—Earnings—
improvements
amortization),
(less
total,
$4,597,389;
miscellaneous
(less
360, p. 833.
'
T
}•
\
*
'•.'*
>
'
I
;
V
''
'
* '
/
•
S.
'* '
■340;
no
class
plus,
$3,284,899;
taxes,
accrued
Federal
income taxes
Treasury savings notes of $15,751,100), $476,900; reserves
future inventory price decline, $16,000,000; reserves for
possible
shares
1
-v
'
I
Michigan Bell Telephone Co.—Earnings—
•
U.
Federal
self-insurance
'
'
M •
»
$1,590,843
$926,855
$315,170
$162,847
-
$15,984,666; due customers, $8,295,335;
/compensation and other operating expenses, $4,299,013; State, local, and
$1,029,970
depr._
and
.Inabilities—Accounts" payable,
1944—Month—1943 /.
1944—5 Mos.—1943
$1,018,698
$5,044,831
$5,069,699
867,123
702,528
4,117,976
3,478,856
-
oper.
earnings
">"h
2—
,
Cr230,000
—
Balance
for
Net
excess
profits taxes
irom
earns,
58,359,257 $11,016,769
2,428,922
taxes
State
&
p
Act
Assets—Cash, $18,312,734; U. S. Government securities (short term),
$39,027,404; receivables (less reserves for doubtful accounts and collec¬
tion
expenses
of
$5,304,106),
$40,608,144; merchandise inventories,
$148,292,412; prepaid catalog costs and expenses, $9,778,189; refund¬
1942
1943
1944
—,
$302,332,112.
Gross
$10,491,803
sales
1,838,42^5
11,280,193
4,205,000
"Less refundable excess profits taxes of $350,000.
(Expressed in Canadian Currency)
$1).—V. 160, p. 1081.
Co.—Earnings—
12 Months Ended June 30—
Net
taxes
7.
dividends
^Earnings
<
Mexican Light & Power Co.,
Period End. May 31—
McGraw Electric
1,755,832
15,786,737
4,670,000
3,135,000
.
dividends
A
Common
company,
.
•'
• • - *
•
247,819,313 271,253,407
props..
profits taxes refundable un-
profit for period
Class
mortgage
2523.
p.
•
-
'
it is said, plans to file with the SEC shortly a regis¬
tration
statement covering approximately $28,000,000 of new bonds
and
$12,000,000
of new preferred stock. •, The new securities are
:designed
to
replace
outstanding
higfier-cost securities.—V. 159,
The
all
and
exps.,
der carry-back provisions of the Rev.
,
$4,120,710
733,316
96,823
/■«
•
etc.
Fed.
$8,028,760
727,567
92,761
4,093,191
income
Deprec.
'
S
income——
on
Income
State
1943
265,361,882 284,372,025
gen.
profits taxes
July 31
Ended
1944
taxes
taxes
Metropolitan Edison Co.—New Financing—
Total
«
and
income
Prior year's excess
.
.
.
selling,
other
"Excess
as of Nov. 15, next. $12,500
5% sinking fund bonds dated May 15,
'1937, at 101 and interest;
Payment will be made at The Bank of
Nova Scotia in Toronto. Montreal or Winnipeg, Canada.—V. 119. p. 819.
$4,069,095
51,614
Other income
$2.01
for
pay¬
"V
•„
Federal
$167,704
"$147,665
$4.36 i f ,./ $3.68
$104,810
share
called
first
the
and
ago.
«
■
'■
•Depreciation and amortization of fixed
1,013,500
100,000
617,000
100,000
100,000
'
been
have
year
Six Months
Income Account,
J
sales
Cost
$1,261,165
$884,704
.
435,200
844.
outstanding
a
1943, the effective date of the
1,
■
.• v
taxes
————
common
per
158, P.
There
of
44,227,321
51,231,528
58,446,614
$7,152,455
—
$640,010
ex¬
Metropolitan Building, Ltd., Toronto—Bonds Called—
1941
$66,479,509 $57,208,875 $48,296,417
60,650,318
expenses
1942
1943
1944
12 Mos. End. June 30—
Sales
>
and
contingencies
profit——
Earnings
—V.
-
>
Net
1287.
159, p.
for
reserve
1942
1943
.
-Net
taxes—
income
State
7
$1.87
share.
per
Additional
$281,712
$1.24
profit
and
1944
profits taxes (estimated)
cess
.Earnings
Federal
and
Federal
since Jan.
y
for contingen-
reserve
*'
'
filed
were
made,
987.
p.
Co.—Earnings—
Merrimack Manufacturing
(& Subs.)—Earnings—
Lynch Corp.
bonds.
amounts
Montgomery Ward & Co., Inc.—Earnings—
trade, 10 the smallest—V. 160, p. 833.
1173.
on
cou¬
although delayed through an appeal.
formula incorporated in the Missouri Pacific plan, the payments
Missouri
the
v
"After
three
applied toward interest accruals on the securities to be issued under
are
:
coupons
or
by 29 firms; 600 was the largest
77 purchases
were
S.
the
Mexico first mortgage and non-cumu$1,610,000, or two coupons on International-
eventually
were
Under
by J. & W. Seligman & Co., and the sale was
in
U.
Texas &
similar
for
the
in
two
or
"refunding bonds; $3,425,025,
and
Great Northern first mortgage
commission of $1. The stock was
a
first
file
next
propose
bonds
income
month.
payment of $13,159,525,
held
Orleans,
on
It is expected that a hearing on
Louis, Mo.
be
Pacific
New
on
Tative
of 6,000 shares of common stock (par $10)
made on the New York Stock Exchange Sept. 15 at
completed in the elapsed time of 1 hour and 4 minutes.
$2.31
$1.14
$1.34
$158,742
$177,961
:
St.
application will
The petiitons
2539.
p.
offered
1943
District Court in
May Department Stores Co.—Special Offering—A spe¬
$58
1941
$285,512
7
$322,775
income
profit
119,
was
1944
6 Mos. End. June 30—
•Net
158,743
$18,000,000
than
more
issues are
bond
Sought—
of Interest
of
payment
Pacific
Missouri
three
on
RR.—Payment
seeking
applications
interest
.
Lunkenheimer Co.—Earnings—
,
$317,485
cial offering
160, p. 536.'
1942
taxes
pons
Massachusetts
issues
$444,904
266,943
before
Net
.
further
1943
'
>
.
was
Three
1944
Taxes
the Lowell company will require $1,246,000 for improvements in
to operate
successfully and to continue to give proper service.
laws do not permit this money
to come from bond
years
order
Net
•
Pacific
Missouri
Co.—Earnings—
6 Months Eeded June 30—
The company proposes to sell for cash, at
par, 30,481 shares of new $25 par 5% preferred stock.
'
This
company,
the
Commission
was
informed,* is
controlled by
American Utilities Associates, a Massachusetts trust, which owns 98%
be
1297
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4319
160
.Volume
and
contingencies,. $2,818,885; class
stock
"A"
(205,000
par) and common stock (5,217,147 shares no par), $149,288,"A" Treasury stock (3,446 shares), Dr$252,677; earned sur¬
$102,136,749;
total,
$302,332,112.—V.
160,
1188.
p.
"
—J——.
Net profit
Earnings
—V.
per
158,
common
.2582,
p.
$1.97
♦"
1941
$2,409,966
1,166,156
394,474
$2,067,171
977,501
325,203
1942
$2,471,007
1,203,446
388,535
40,578
42,824
36,362
$723,889
$836,202
$812,975
1944
.
Depreciation
957,278
■—
profit
798,000 shares
.
$1.02
of capital stock ($ par).—'V. 159, p. 2637.
•'
$1.05
$0.91
$0.79
share—
per
1943
$1,901,392
exp.
Taxes-———-—
•On the
Operating
36,555
;
_
develop,
•Earnings
.
$633,640
income
&
Net
'
Operating
—
273,919
3 Mos. End. June 30—
Gross
Costs
July 31—
Operating taxes-—/—Net
Income^-
oper.
income
Net
—V.
reclassification
special meeting held' on Sept.. 19 approved the
outstanding 6% preferred stock into 5% pre¬
a
the
after Nov. l. and a reduction in the
share to $105 a share, effective Nov. 1,
ferred
$110
of
a
•
(& Subs.)—Earnings—
i/—7,483,646
redemption price from
1947.—V. 160, p. 1081.
Depreciation
_•
Federal
exc.
V
in
and
2,560,137
1,960,744
1,214,658
.-j.--
General taxes—2
Chgs.
$38,961,964
13,622,322
2,800,367
5,113,205
3,933,144
2,513,073
6,772,319
1,078,468
2,474,035
1,931,442
1,028,212
-r
1,493,403
—
taxes—_
2,068,021 V"- 1,1-20,744
»" ' •
, 34,500
634,159
profits tax_
of income
lieu
prof, taxes
excess
—v.
?7
15,327,016
2,012,669
4,936,868
3,884,645
2,171,687
4,030,746
2,194,992
revenues— $21,151,980 $19,445,261 $42,688,792
income
>
1944
6 Mos. End. June 30—
■
"Net
1942
1941
$103,027
$194,919
$103,594
Net
•
Other
192,700
$0.11
$0.54
Federal income taxes, etc.—V. 159, p. 2085.
share
per
,
Magazine Repeating Razor
189,400
$1.03
189,400
$0.54
189,400
•After depreciation,
76,600
profit after all charges, Federal
for
preferred dividends
Earnings per common share
—V.. 154. P. 1596*.
Net
Int., divs.
/
of
income aft.
Net
^-V.
159,
pfd.
242,617
V.
456,938
$9,317,069
-
-
$4,503,724
stks.
and
on
cos.
other
-
income
'
1
3,706,003
'
$315,408
$1.55
Income
—
—V.
Total
income—
$1,932,958
$922,206
$970,999
77,619
142,490
148,065
9,300
1944—6 Mos.—1943
50,100
21,024
71,000
9,357
83,204
$498,649
$329,350
$699,416
$730,373
Federal
income
taxes—
>■
"
$259,297
$436,775
Nash-Kelvinator
i
$8.37
$14.01
$15.03
Net
—V.
income——
159, p. 2418.
$0.86
profit after all charges.
Earnings per common share.
—V.
159.
p.
Net
Co.,
Elevator
to
to
submit
Buffalo,
N.
the
bondholders a
plan calling for 80%
;
"*
npw $100 par
common stock.
shall have the
No dividend payments are provided
it is proposed to borrow
Instalment payments will liquidate the
$350,000 loan in at least 10 years.' ; - ./'/./v/;'
Thereafter dividends will be paid on the preferred stock at the rate
"of 4% ner annum, and 108 shares retired each year through the
acceptance of
tenders, the lowest price determining the order of
as
of electing
after
the
part of the
'
retirement.—V.
159,
p.
2200.
-
^
Net
Earnings for Six
taxes
&
for
-
:
800,000
1,635,000
650,000
$2,057,560
$2,847,833
600,000
600,000
$2,924,951
600.000
$4.87
post-war
159.
$4.74
$3.43
—
credit
refund
p.'
937.
of
in
$579,900
1944
and
$1,106,100
-:"...
"
-
Mason
at
Abrasive
Mid-West
■'.'•>
profit
charges
after
/- 7
•
-
and taxes—
Earnings per common share—
—V.
159.
p.
2200'.
/
: v
•
1944
1943
$24,208
$55,777
$0.08
'
:
the
$0.18
Midwest Oil Co.—Earnings—
—V.
158. P.
1174.
,
company
Nash
$374,800
$0.37
.
,
compete in the two
priced
is based on production of
pre-war output,"
would
annual rate
"three
program
times
our
has
completed
test
built by Nash-Kelvinator for the Army Air
flights over Detroit marking the successful
of automotive assembly
manufacture
of
line techniques of mass production
new
type of aircraft, George W.
versatile
this
Reporting considerable advance over earlier models, Mr. Mason said
new version of the Sikorsky helicopter being built by the company,
radically in appearance from models existing at the time mili¬
the
tary contracts for the-new
made
in
simplification
of
aircraft were signed.
"Progress has been
controls and improved designs during the
the assembly, line
.7 , 7-"'
process of converting early helicopter blueprints into
production," Mason said.
According to R. A.
DeVlieg,
Vice-President in charge of production,
the functional design
of the craft is basically that of the first success¬
helicopter in the United States—designed and built by the Sikorsky
Aircraft Division of United Aircraft Corp. ' Much of the process engi¬
ful
neering work
on
the R-6
was
completed at Nash-Kelvinator's big peace¬
the company's refrigerator plant in Grand
Rapids was being readied for fabrication processes.
Sub-assemblies
built in Grand Rapids are shipped to Detroit where the helicopter is
assembled and flight tested.
Countless numbers of these versatile ma¬
chines will be delivered to the Army Air Forces and flown away from
the tiny
1942
1943
1944
.
on
differs
The
profit after all charges———
his
that
entire
at
plant,
that
"pocket" airfield immediately behind the plant.
Nash-Kelvinator-built
helicopter,
$366,622
$0.39
DeVlieg
National Airlines, Inc.—Earnings—
$391,159
$0.37
Mr.
/•
said,
has
a
top
160, p. 1082.
speed in excess of 100 m.p.h.—V.
6 Months Ended June 30—
announced
markets after the war—the low and medium
the
The first helicopter to be
Forces
;
>
President,
and
time automobile body plant in Milwaukee. '- While mock-ups were being
Co.—Earnings-
6 Months Ended June 30—
Net
Mason,
/
car
asserted
that
an
developed
Earnings per common share—
$840,603
1942
7,
contingencies
1943—V.
'
1943
$14,775,160 $16,099,733 $14,677,951
11,917,600 "11,616,900
11,103,000
profit——
"After
'
con-
taxes
aimed at tripling Its pre-war produc¬
supplies and organizing manufacturing
George *W.
Mason, President, announced on Sept. 15.
?
1944
lor
res.
income
Earnings per share
'in
Net
Months Ended June 30, 1944
$36,151
f
(& Sub.)~rEarnings—
Outstanding common shares
//ti;'
Shovel Co.—Earnings-
before
Reserve
7
*
Vlarion Steam
$68,398
$1-2,651
.
program
ordering
basis,
;•./'/
post-war
application
tingencies
director.
a
payment of a $350,000 loan
reorganization.
•
Calls for
7-;
;
Large Scale Production of Army Helicopter Begins—
(Controlled by Baldwin Locomotive Works)
,
Federal & State
;
plan provides for issuance of 1,082 shares of
preferred stock carrying the same voting power as the
There is also a provision that the preferred holders
The
$32,519
12 Months Ended June 30—
Earns,
payments now and the issuarce of preferred stock for the
remaining 20%
was granted to James W. Persons, trustee for the
company's properties, on Sept. 11 by Federal Judge John Knight.
If
the owner of at least two-thirds principal amount of the $550,000 of
outstanding bonds approved the plan, it will be submitted for the
court's final consideration.
until
charges.
1975.
that
major automotive
1944—6 Mos.—1943
1944— 3 MOS.—1943
after
159, p.
.
production are completely set, even to the
point of having all initial supplies and parts under order, and much
of- our machinery is ready," Mr. Mason said. - "Just how soon after
.reconversion day the public will be able, to have new cars depend^
upon a number of unpredictable factors, but I believe it will be sooner
than most people have been led to expect.
<
to
Y.—Bondholder?
and 20% in Preferred Stoek—
cash
privilege
loss
—V.
Midvale Co.
Offered 80% in Cash
Authority
$1.29
1942
$176,887
$1.18
2200.
Marine
•
1943
$194,153
already
-
"Our
fields—and
Period End. June 30—
.
1944
$129,355
Ended June 30—
is
Sept. 14.
cars
Margay Oil Corp.—Earnings-
Corp.—Post-War Program
i
car-building
a
and
on
Middlesex & Boston Street Ry.—Earnings-
6 Months
$4.54
• • •.' *. *
*■
•
When the reconversion signal is given, this company will immediately
•
Mr,
$467,488
$7.81
1943
$272,355
•
'=.•.*''
Tripled Output—
tion
r. 4,921
admin. exps._
76,971
"taxes-—4,600
■
$2.31
"
•
.schedules
1944—6 Mos.—1943
$583,597
387,402.
and
Gen.
•
taxes
1944
$138,423
•
and
1183.-
p.
•*'
.
$742,153
180,053
$630,319
—
General
$242,670
Net
157.
'•*"»
$432,914
106,313
.
profit after charges
'
charges
share—
p
Earnings per class A share..
2305.
p.
160,
Net
$356,864
76,050
$524,006
approved Sept. 12 the proposed purchase by' the Mountain
Co., Albany, Ore., of the Mill City
(Ore.) Light; as
properties from T„ W. and Bessie E. Allen for $75,000.—
630
// /v.-...
7 ;
-7
Muskegon Motor Specialties Co.—Earnings—
7,384,111
$1,954,770
1944—3 Mos.—1943
and other deduct.—
Int.
$1,815,746
Power
launch
•'
Period End. June 30—
1943
<
Co.'s
6 Months Ended June 30—
■
7,182,489
$797,721
$919,743
——
,
1944
$1,686,818
.
.
'
3,549,986
\
1082.
p.
SEC
Water
Earnings Statement of Company Only
taxes and provision
1944—3 Mos.—1943
taxes
Earns, per com.
sub.
Lines, Inc.—Earnings—
taxes
Mountain States Power Co.—Acquisition Approved—
$8,860,131
$9,137,259
97,843
-
$4,469,729
deductions
V
Period End. June 30—
income
1944
Mahoning Coal RR.- -Earnings—
and
132,859
160.
The
1,278,648
$8,894,642
$4,405,881
$4,336,870
(net)—
income
Gross
Co.—Earnings-
Earnings for Six Months Ended June 30,
Net
-
Income
oper.
.
approved capital changes under which hold-
■
capital, stock
of
outstanding
Earnings
1943
.
$20,402
profit
-Shares
-,
Federal
before
States
McWilliams Dredging Co.—Earnings—
*'
have
(Canada)—
•
$30,
par
6 Months Ended June 30—
Profit
•1944—6 Mos—1943
1944—3 Mos.—1943
Maintenance
Federal
share,
Moore-McCormack
Period End. June 30—
Operating
;
Ltd.
carrying a 5% dividends and one share of T/o
second
preferred
stock, par $20.
Current arrears on the present
preferred stock will be eliminated.
...
Middle West Corp.
,
shareholders
ferred
160, p. 833.
Operation
stockholders at
765,641
Storage,
&
of the present preferred stock will receive one cumulative first pre¬
.ers
$5,992,762
5,630,980
$5,489,756
5,266,518
$826,725
783,266
$789,125
...
_
The
$5,805,635 $41,822,847 $39,591,835
3,792,477
27,877,134 24,711,906
1,186,433
8',455,957
8,887,167
$6,016,636
4,022,282
1,205,229
revenues—
expenses
Refrigerating
Recapitalization—.
,
McLellan'Stores Co.—Recapitalization Approved—
The
Montreal
.
.
Mclntyre Porcupine Mines, Ltd.—Earnings
•
1944—Month—1943
1944—7 Mos.—1943
Operating revenues——
$6,022,537
$5,817,861 $41,886,807 $39,678,170
Uncollectible oper. rev.—.C.
5,901
12,226
63,960
86,335
Period End.
,
'
''
1944
:
1943
$176,327
Month Ended July 31—
Operating revenue„t
$108,355
.
175,692
Operating expense__-—i
107,926.
85,562
Net
$165,345
profit
160.
P.
*
standing
Earnings
Maryland Casualty
'ohert
A
Fleming
lk, Washington,
d'.
"After
Co.—New Director—
Chairman of the Riggs National
C., has been elected a director.—V. 159, p. 1975.
President and
The
in
1,375,145
1,375.145
$0.33
1,375,145
$0.24
$0.35
share.—
from
depletion,
sales,
1944, $444,879 in 1943,
operating
$635
$429
1,392
1,477
—_
$2,028
$1,907
income—
800
713
$1,228
'Other
$1,070
revenue____~_t.
income—.—
!.
$338,366
■
Gross
par)—
depreciation,
income
1942
$456,677
stk. out¬
($10
per
1943
$364,078
1,375,145
profit
Shares ef cap.
1081.
Net
' 1941
1944
$486,689
6 Mos. End. June 30—
•Net
f—V.
Corp.—Earnings—
Mission
36,150
553.546
$0.26
Federal
dividends
income taxes, etc.
etc., totaled
received,
$568,616
and $539,715 in 1942.—V, 159, p. 2200.
income—
Deductions
Prov.
for
from
—
^
income—-.—7—
Federal and
—vf 160,C p!11188 T
State
taxes
124
—
on
THE COMMERCIAL & FINANCIAL CHRONICLE
1298
7%
As
of
Dec. 31,
—V.
cumulative
160, p.
dividends.
30,685 shares of this stock outstanding,
last, there were
731.
National
Can
Corp.—Earnings—
6 Months Ended June 30—
Net
Earnings per common share
"Loss.—V. 159, p. 450.
$108,755
$0.15
,
—
July 31—;
Fed.
charges but
taxes
State
&
'
2,858,000
2,890,765
1,292,679
688.153
2,100,000
-
2,100,000
825,000
As
soon
255,000
ft
income
profits taxes—
excess
™
$21,424,000
$30,127,600 $29,106,000 $23,680,000
—
Profit after
Nil
1942
1943
1944
$858,^3
(& Subs.)—Earns.
National Department Stores Corp.
6 Mos. End.
Sales
«*A«4Hcy*
«A904LC
profit after all charges and taxes—
before
next,
for redemption as of Nov. 1,
preferred stock, par $100, at 115 and
has called
corporation
its
this
is
loan
3V2& will be called for
redemption so that the debt reduction can be accomplished this year.
Completion of this financing will bring Nickel Plate's non-equipment
debt down to $102,433,000 as of the end of the year, compared with
$151,087,000 at the beginning of 1937, making a total reduction of $48,654,000, or 32%, in the eight-year .period.
The plan for early retirement of the 3'/2s in the manner contemplated
is designed to lay the foundation for a
refunding operation under
which it is hoped a new series of approximately $42,000,000 of lowinterest-rate refunding mortgage bonds, which would then be a first
mortgage on the entire system of approximately 1,700 miles, may be
substituted for the $6,500,000 of first 4s of 1950, the $26,058,000 of
refunding 5'/2s of 1974, and the $10,000,000 collateral loan.
The 4s
of 1950 can be redeemed at par but only upon an interest date follow¬
ing six months' notice.
The refunding 5V2s can be redeemed at 107V2
on
an
interest date following GO days' notice.
"
The company further announces that "upon completion of the trans¬
actions now proposed, it is hoped that the $59,875,000 of refunding 4 Vis
of 1978, which will then also be a part of the first mortgage on the
entire system, can be refunded at a lower rate of interest."
Corp.—Redemption—
National Bearing Metals
The
of
loan.
as
completed
Earns,
—V.
*
profit
per
159,
share,
com.
$467,679
$0.90
$790,765
$1.55
$758,000
$1.45
$433-1;>3
Gross
$0.81
Fed.
2639.
p.
income
inc.
&
$8,764,472
*
Distillers
Corp.
Products
Receives $15,-
—
Net
Net
000,000 Bank Loan—
Sinking
that the company has arranged
York Trust Co. for a $15,000,000 term loan to be
made by a group of banks, payable $1,000,000 annually for the first
six years and the balance of $9,000,000 payable seven years from date.
This will result in a substantial saving in interest.
President, announced
Porter
Seton
the
through
13,490,000
2,974,655
N.
outstanding
Y.
Balloting
to
Oct.
start
p.
10-year
this
After
redemption
outstanding $13,500,000
remain
will
there
period End
Operating
of
Federal
Other
taxes
taxes
—
1,628,911
be
returned
by Nov.
vania
York,
Ontario
Western
&
25.—V.
to
ft Clinton
RR.
RR.
Sept.
at
8
proceedings
Commerce
Commission
approval.—V.
New York, Susquehanna & Western
Plan Asked—
6,733,039
6,421,050
1,583,238
Commission
Commerce
plan of reorganization
the road.
for
has
The
asked
been
Commission
the
plan,
Petitioners
including
included
the
increase in
an
protective
total
to
its
committee
its
single
oper.
$4,402,455 $17,749,166 $20,080,379
$4,253,106,
revs.™
(net)
—
..
4,642.
.
under
19,398
20,515
4,758
of
Operating
Other
income
income
>
(net)
32,399
Life
$4,407,213 $17,769,681 $20,099,777
31,191
108,744
•
67,884
$4,257,748
.
holders
four
the
&
Light
"$4,290,147
income—i
Gross
<
2,067,441
1,982,895
22.
Balance
:tPld.
-1,322,363
5,263,822
5,400,554
$1,133,146
$4,326,058
$6,382,654
public™-
*
applic.
nority
$2,455,509
1,304,303
$918,403
to
Balance
Portion
$2,222,706
„—
divs.
'/-X.—'
mi-
to
interests
/.
$9,589,880 $11,783,208
X;X
1,256
-
501
2,021
A
20 cents
also
each
purchase
disbursed
Jan.
on
and
April 1,
1944. \
3,
1944.
"
■
sale
to
of
oper.
opposed
and
Net
Net
equity of Nat. Pr.
ft
Lt.
of
j.
in
Co.
equity
Other
$1,131,125
Light Co.—
$917,902
$4,324,802
i'
•
above),
(as
'
.
'
■
$917,902
National Power ft
..
'.Net
•
$1,131,125
income
-
$4,324,802
The SEC
•<,
/X
$5,943,513
parent,
and
Net
.
$5,943,513
73,180
737
472,521
$1,204,305
$4,325,539
_
Expenses
Fed.
350,553
™':; '' '81,600.
.
incl.
taxes,
Oth«f-
$917,902
™
XX-
lnc
Cr73
94,247
•'
other
Federal
income
'
4,782
directed
and
ence
or
'
325
620
3,530
16,000
3,599
50,700
44,199
$814,423
$1,099,490
$3,918,744
$6,049,365
Fed.
Int.
■/
/
Net
—V.
1,862
3,859
/// 4,782
20,411
620
3,530
3,599
50,700
,
331,205
income-™-™—
160, p. 987.:.:.
$420,722
\
-
$78,068
Period End. Sept. 9—
for
$1,177,005
1944—4 Wks.—1943
$7,729,883
Sept. 9,
and
Middle
West
submit
plan
a
of
its
Utilities
and
into
Water
$50,000
Nov.
and
be
Union
of
all
Service
Water
Water
free
Co.
By
funded
Co.
this
will
at
next,
convertible certificates
of
interest
first
in
Holders
of
the
convertible
certificates
collateral trust and refunding
said
certificates
trustee
$1,009,608
of
in
the
bonds
or
bond
6%
at
issue.
of
interest
and
of
bonds may at their option
time
any
the
at
the
Colonial
On New Preferred
decreased from 886 in 1943 to 849
1944.—V. 160, p. 834.
Baker,
"
ft
Co.,
For
the
week
220,078
Association—Output—
ended
Sept. 15, this Association reports electric output
11,794,284 kwh.
This is a decrease of
722,079 kwh., or 5.77% below
production of 12,516,363 kwh. for the
corresponding week a year ago.
Gas output for the Sept. 15 week is
reported at 111,522,000 cu. ft., a
decrease of 787,000 cu. ft., or 0.70%
below production of 112,309,000
of
cu.
ft.
in
New
The
the
corresponding week
a
year
ago.—V.
160,
p.
1189.
reports
number
of
kilowatt
hours
available
for
its
territory for the week ended Sept; 16, 1944, as
61,817,162, compared
with 64,193,283 for the week ended
Sept. 18, 1943, a decrease of 3.70%.
The Association
reports number of kilowatt-hours available for its
territory for the week ended Sept. 9, 1944, as
60,544,313, compared
with 59,564,247 for the week ended
Sept. 11, 1943, an increase of 1.65%.
;
Comparable figure for the week ended
Sept. 2, 1944, was
-
increase
an
of
2.33'%
64,084,395,
over
987.
p.
the corresponding
week
last
The
year.—V.
of
7%,
holders
&
6%
and
5V2%
185,386
shares,
directors
The
year
plan,
on
Sept.
to
the
The
preferred stockholders
34,692 shares
last
19
approved
loan
collateral
in
the
amount
$10,000,000, the
used,
proceeds
to
be
week.
I:
together with $5,300,000 of
treasury cash, to pay off the ex¬
first 3»/2s, due Oct. 1,
1947.The 3y2s, presently outstanding
principal amount of $15,188,000, are redeemable on 30
tended
in
'23>V
'
XU2-*
days'
I
.
.1
.
Application
for
Interstate Commerce
notice
r-
Commission approval will be
filed promptly and competitive bids
sought for the $10,000,000 collateral
Northwest Airlines, Inc.—August Traffic—
18,000
pounds
increase
The
over
and
of
over
the
General
32,514 pounds
August express loads
the
total
NWA
for
Manager,
over
were
the
said
the
an
previous
&
/.
173,861 pounds
Croil
Hunter,
figure represents an
same
month
1943.
in
carried
110,031,595 express pound miles
the July total by approximately 16,-
routes, exceeding
000,000 pound miles.—V. 160, p. 1190.
made
169,960
*$4,531
$12,097
$8,403
•
share
per
has
been
declared
cumulative convertible
May
this
1,
Thte
year.
account
on
of
preference stock,
to holders of record Sept.
1
on
30.
A similar
previous
payment'"
Nov.
on
the
•»•••'
the
of
A.
are
&
Co.;
vk.
.:*r-
Co.;
underwriting
C.
Bosworth,
Republic
Corp.;
syndicate
Allyn & Co.,
Weeks &
Inc.;
Baker,
R. L. Day & Co.;
Cbanute,
in
addition
Loughridge
Blair
&
Alex/
Co.;
Masten
,
prown
Clark. ;&
Co.; Eastman, Dillon ft Co.* Equitable
Dodge
Clarke,
Co.;
Drexel ft
Graham,
those
to
Whipple ft; Co.;
ft Co., Inc.;
Bacon,
Harden;
Co.;
&
E.
W.
Ferris ft Hardgrove; First of Michigan Corp.;
Inc.;
&
A.
E.
ft
Parsons
ft
Co.;
Grubbs,
Scott
6)over
ft/Co.;
«
Co.;
ft
Co.;
McDonald
Co.;
ft
ft
Co.;
Co.;! F.
S.
Mellon
Co.;
Milwaukee
The
Stanley
Mitchum,
Moseley
Securities
ft
Corp.;
Tully
Co.
&
Co.;
Maynard H.
Pacific Co. of
Smith,
.
.
-
-
Newhard,
Co.;
&
Co.;
Barney
Cook
&
Schwabacher
Co.;
ft
The
Co.;
Ohio
Singer,
Co.;
Deane
ft
Scribner;
v
&
Co.; William R. Staats Co.; Stein Bros, ft Boyce;
Co.; Stroud & Co., Inc.; Tucker, Anthony ft Co.' G. H.
Weeden ft Co., Inc.; Whiting, Weeks ft Stubbs; The
Walker
ft
Co.;
Wisconsin Co.; Dean Witter ft Co., and Harold E. Wood & Co.
:
The issue was awarded Sept. 18 on a bid of 102.098.
A second bid
of
101.04 was submitted
by Halsey, Stuart & Co., Inc., and asso¬
ciates.
1
There
time
will
■
v:
also
$17,444,000
authorized
be
bonds
and
sold
of
such
to
Union
bonds,
Pacific
series B,
at
same price
bonds of series A.
the
same
be the entire
to
serie^ at the
agreed to purchase'the
The
used,
by
be
to
are
Union
proceeds
together
at
the'
which
first
dated
Pacific
the
of
with
and
-
r'■
issued
refunding mortgage
amount
bankers have
dorsement
■
-
Stern Brothers ft
company's
increase of more than
month.
the August
total for the
$178,363
168,534
Oct/ 1, 1944, due Oct. 1, 1960.
Bonds
are
to
be issued
under
the
refunding mortgage of company, under
which City Bank Farmers Trust Co. will be trustee.
They are to be
guaranteed unconditionally as to both principal and interest by en¬
(Del.)—Weekly Output—
The corporation last week reported its planes carried
President
Dr276
& Co., Kidder, Peabody & Co., Lazard Freres
Higginson Corp., Salomon Bros. & Hutzler,^
MacGregor,
The
month of August,
*
313"
46
Co., Stone & Webster and Blodget, Inc., Union
Corp., and White, Weld & Co. on Sept. 19 of- *
"
during the
/■/X:
43,064
cents
70
cents
Central
Rothschild
output of this company for the week ended Sept. 16, 1944,
42,705,000 kwh., as compared with 40,235,000 kwh. for the
corresponding week last year, an increase of 6.1%.—V, 160, p. 1190. '
express
43,612
$178,639
Calif.; Paine, Webber, Jackson & Curtis; Arthur Perry ft Co., Inc.;
Peters, Writer & Christensen, Inc.; Phelps, Fenn ft Co.; R. W. Pressprich & Co.; Putnam ft Co.; Reinholdt & Gardner; Reynolds ft Co.;
The
Robinson-Humphrey
Co.;
E.
H.
Rollins
ft
Sons, Inc.; L. F.
Electric
air
30,458
$180,318
}
their
totaled
of
4,382
$38,488
surrendered
a
of
X 72,475
;
Murch
of
*
/
770,063
69,868
com¬
for
—V. 160, p. 1190.
18,107
$1,064,789
:
been
7%, 6% and 5»/2% preferred stock not sur¬
exchange are being redeemed at the redemption prices
of $115 pr share, $107
per share and $105 per share, plus accrued divi¬
dends to Oct. 20, 1944, for the
7%, 6% and 5V2% preferred/ respec¬
tively.
The company has notified holders of these shares of stock that
redemption can be made any time up to Oct. 20 with the Continental
Illinois National Bank & Trust Co. of
Chicago, redemption agent for
the company, 231 South La Salle
St., Chicago, 111.
XV^\\XX
;V.
The remaining 34,692 shares of 5%
preferred were sold at competi¬
tive bidding to a group of
underwriters, headed by the First Boston
Corporation, and are being offered to the public at $103.50 per share.
for
35
Merrill, Turben
(Inc.); Morgan
exchange for 5% preferred stock and cash, in accordance with
company's exchange offer which expired Aug. 31. The certificates
for the new 5% preferred stock and the cash
payments were forwarded
plan for further reducing the
eliminating the 1947 maturity.
announced by John W.
Davin, President, calls for a fiveand
84.22%,
has
the
Co.;
stock has
160,
New York, Chicago & St.
Louis RR.—To Retire $15,188,000 Extended First 3^8—$10,000,000' Loan
Approved
The
or
stock
1944—12 Mos.—1943
$1,088,438
185,169 :v: 808,394
Harris, Hall & Co. (Inc.); Hawley, Shepard & Co.; Hayden, Miller ft Co.; Hay den, Stone ft Co.; Hemphill, Noyes & Co.;
J. J.
B. Hilliard
ft Son; J. A. Hogle & Co.;
Hornblower ft Weeks; *
W. E. Hutton & Co.; The Illinois Co. of Chicago; Johnston, Lemon &
Co.; Kirkpatrick-Pettis Co.; Lehman Brothers; Laurence M. Marks &
stock for
Northern States Power Co.
mortgage debt
preferred
v
39,178
cents
70
on
Hallgarten
Stock—Redeems Old Pfd. Issues—
of
cited
\
-
$180,632
2460.
p.
of
Watts
Sens;
Co.;
the
rendered
England Power Association—Output Off 3.70%—
Association
shares
pleted.
:
$7,443
above
Securities
refinancing of the
New England Gas & Electric
"••*. *'•'
$38,534
deduct-
members
Boettcher
full
An initial quarterly dividend of $1.25 on the 5%
preferred
been declared, payable Oct. 14 to holders of record
Sept. 30.
Dean H. Mitchell, President, announced that the
'
fy*
..
$54,750,000 refunding mortgage 3% bonds series A
and interest to yield approximately 2.78%.-
mentioned
Northern Indiana Public Service Co.—Initial Dividend
1944—36 Wks.—1943
-XV*
Electric .Co.,
Columbus
$46,622
;
-
Other
Higher—
$6,627,772 $68,668,495 $63,229,950
■; *■
at 1027/s%
surrender
Trust
Ohio
$246,145
109
;
giving effect to
Securities
William
57
therefor
■
Co.—Earnings—
10,490
!
was
of
one
fered
St., New York, N. Y„ and
redemption price, plus accrued
interest to Nov. 1, 1944 —V. 160, p. 1190 and 1082.
payment
'.X, iV-*'.
190,215
value, payable Nov.
Shields &
first
the
closing
-
Southern
1944—3 Mos.—1943
:
.
^.™
159,
man, Sachs
& Co., Lee
the
save
trust and
collateral
v'Jv-i'
$264,921-
v'.
annum
trust
and
1,
to
South-Central
are
Oregon-Washington RR. & Navigation Co.—Bonds Of¬
fered—A banking syndicate headed
by'./Kuhn, Loeb &
Co., and including A. G. Becker & Co., Inc., Blyth & Co.,
Inc., The First Boston Corp., Glore, Forgan & Co., Gold¬
were
action
and
debt
/f
•
■
in interest charges.
refunding 6%
gold bonds will be
102'/a ancT interest.
The debentures
per
collateral
on
Co.
will
subject
1. 1940.J Arrearage^ as at Nov. 1. 1944,
payment of the dividend just declared, willamount to $1.40 per share.—V.
155. p. 2370."
4
the
Northeastern
Co,
&
$46,514
dividend
par
was
of
in cash,
XX/vv,-.
:
17,702
other
distribution
com¬
<
Chairman
<
profits-
accumulations
no
callable at par.
receive
The number of stores in
operation
at
_J
lt
1190.
Co.,
Orange Crush, Ltd.—Accumulated Dividend—
A
refunding 6% gold bonds due May 1, 1952, have also been called for
redemption as of Nov. 1. 1944, and holders will receive the principal
amount thereof, together with accrued interest to said
redemption date.
:
National Tea Co., Chicago—Current Sales
Sales
44,199
!
—
.
first
The
23,578
16,000
mo«xx
■
The
are
$1,376,277
350,553
?\X 55,191
m,
incoiftemx
■
Valley
with
redeemable
1944—12 Mos.—1943
$1,583,800
94,247
'
5,952
and other deducts—
";
■
merged
:
325
taxes-l^il
Federal
■
1944—3 Mos.—1943
$524,201 •• $182,883
that
p.
Ware. Jr..
approxmiately
™——81,600
excl. income
Cr73
taxes,
Other
160.
Northeastern
unearned.
Comparative Statement of Income (Company Only)
Expenses
H.
Delaware
after
Period End. July 31—
>Vt
Total
income—-™.—
and its
company
board, on Sept. 20 announced
that the directors had voted to redeem with iunds from the company's
cash position all of the Delaware Valley Utilities Co. first collateral
trust and refunding 6%
bonds due May 1, 1952, and 6% debentures
due
July
1,
1956,
which were
assumed
on
Nov.
30,
1943, when
adjustment of $60,521 overprovision for Federal
capital stock tax applicable to the seven months ended July 31, 1942.
tFuil dividends requirements
applicable to respective periods whether
earned
application of the
an
to
Northeastern Water Co.—To Retire Funded Debt—
John
23,578
tax.™
credit
Corp.,
which
$2,115,000
Columbus
Income^-*
after
"55,191
20,411
surplus—*—
Balance,
"Net
deducts. "
3,859*
1,862
taxes—5,952
flrtty and
10 will hear
West
within
1944,
$6,416,034
331,205
•
10,
pliance.—V.
Total
Oct.
on
Middle
for an extension of one year from
comply with corporate simplification
orders of the Commission.
On Sept. 10, 1943, the Commission gave
North West one year in which to liquidate and terminate its exist¬
Sept.
electric
Edison
Associated Electric Co. of all
rejected by Associated.
objections.—V. 159, p. 2420.
income-
"Loss.—V.
v A-
the
836.
p.
was
1,
\
439,141
^
income
subs
160,
sale by
income-™,
oper.
Gross
Int.
April
and
Ohio
its wholly-owned subsidiary, Ohiothree Ohio rural electric cooperatives
loan.
by
$1,900,000
revenue
North West Utilities Co.—Seeks Extension—
■
the
secure
was
bid
Other income-*
was
'
,
Payments in 1943 were as follows:
Jan. 2, 25 cents;
July 1 and Oct. 1, 20 cents each.—V. 160, p. 1190.
of
Federal income taxes™
A special of 20 cents
*
Pennsylvania,
Akron-divisions of
of
Co,, to
price
Period End. June 30—
"
Jan* 3
on
and
Electric
Elec.
on Sept.
15 declared a dividend of 25 cents per share
capital stock, par $10, payable Oct. 2 to holders of record Sept.
like amount was paid on July 1, this year, which compared with
the
on
7 the
Operating expenses-..™
Taxes, other than Fed.
The directors
.
.8,384,453
8,288,545
com¬
bonds
outstanding in the
Power Co.—Sale Approved to
r ; •
securities
Old Dominion Power
trustee
North Texas Co.—25-Cent Cash Distribution—
$4,436,404 $17,878,425 $20,167,661
•
.
deductions.™
(B)
Power
'
Co., trustee under
Trust Co.,
of the
first 4%
purchasers of the Ohio-Midland securities
grounds
the
of
of
system and
are
retainable by
Ohio.
(1) of the Public Utility Holding Com¬
'
in
inc. and excess
Int. to public and other
11
approved Sept.
new
The
Insurance Co..
1082.
p.
western
and
$17,000,000 of its cash.—V.
base
a
whose
first mortgage, and of the Midland RR., and three life
companies, New York Life Insurance Co., Mutual Beneficial
and Prudential Insurance Co. of America.—V. 160,
the
insurance
-
$52,446,000
$6 and $5 series,
integrated
Section
indebtedness
specifically was
make adjust¬
to
for
the refinancing program
of
Cooperative, Inc., Union Rural Electric Cooperative,
Inc., and Inter-County Rural Electric Cooperative,
Inc., which are
borrowing the funds necessary for the transaction from the Rural
Electrification Administration, pledging the Ohio-Midland securities and
capitalization.
road's general mortgage bonds, the New York Trust
the general mortgage; the Central Hanover Bank ft
Rent from lease of plants
in
Youngstown
>.
Net
>
dividend
Pennsyl¬
interest
The
modify
the
will
use
for
RR.—Changes In
permit reargumcnt before the full body and
in
ments
approved
retirement
adjustments.
987.
160, p.
The successful
and
Act.
Midland
-
Interstate
14
located
Co.,
the
a
The SEC
of
dissolution
of
the
on the stipulation
The sale is subject
for
line,
to
Sept.
Cooperatives—*
stockholders'
a
bonds
first
and
>
authorized
the
on
obtain' funds for the refinancing program
through the
sale, by competitive bidding, of $30,962,000 principal amount
mortgage bonds, series due 1974, and 180,000 shares of pre¬
ferred stock, par $100. the issue and sale to banks
of $10,000,000 of
2!4%
instalment notes payable In 16 equal semi-annual
instalments,
of
160,
trustee of the New York
to the
approved
was
rate
Financing Plan-
includes
under
Rural
The
interest
Ohio Midland Light &
Western
Interstate
the
issue and
Railroad
RR.—Rome
noon Eastern War Time on Sept. 25.
name
on
Power
Edison
on
'
running between Rome and Clinton,
that they receive $50 a share—a total of $172,000.
asked
-
ballots must
3,576,118
The
Ohio
The
26.
3,503,422
stock.
which
pany
stockholders
13-mile
Prop, retirement reserve
appropriations-
Vote
RR.—To
-
&
The
$20,524,954 $19,985,514 $84,763,357 $86,329,217
10,921,682
10,028,041
43,794,653
41,390,595
2,598,002
2,692,098
12,247,676
12,880,677
1,123,253
1,279,682
4,550,812
5,244,527
expenses
6,076,269
& Hartford
545,324
application was joined in by Commonwealth & Southern
Corp.,
parent, which will make important contributions to its
subsidiary.
In its opinion the Commission
found that the properties of
the reorganization plan for the New Haven is scheduled
on
to
the
on
properties of
The sale of the Rome
Subsidiaries-
Operating revenues
4,689,868
$4,038,431
of first mortgage bonds and 180,000 shares of
pre¬
Such proposals are to be
presented to the company at
Commonwealth ft Southern Corp., 20 Pine St., New York 5,
stock.
The SEC
66,667
706,422
$3,904,271
198.952 shares of preferred
stock,
hands of the public.
1944—12 Mos.—1943
1944—3 Mos.—1943
July 31—
66,666
1189.
Ontario
(& Subs.)—Earnings-
National Power & Light Co.
8,333
$610,255
19,973,862
$30,962,000
pany,
meeting.
debentures due March 1. 1949.—V. 160, p. 834.
„3'/»%
8,333
588,828
loss—
6,376,207
$559,980
SEC Approves
other
&
&
6,882,062
731.
JLY.. before 12
bidders
6,142,930
inc.—
Sept.
New
1944.
20.
of
Sale Approved—
3 %%
the
convert
to
4,756,534
,
debentures into shares of common
stock of the corporation upon the terms and conditions and as provided
in
the
indenture
shall
terminate
at
the
close
of
business
on
right
714,755
21,684,162
950,077
504,473
160, p.
ferred
Plan Sept. 26—
'•
The
7,550,845
2,935,323
982,883
income
the office of
2,599,421
9,115,975
New York, New Haven
convertible Vk% debentures due
March 1, 1949, have been called for redemption as of Oct. -20, 1944,
at
102 and interest.
Payment will be made at the Chase National
Bank of the City of New York, fiscal agent, 11 Broad St., New York,
the
of
All
funds
1,090,536
$4,495,655 $32,470,495 $30,388,500
3,186,056
income
oper.
constitute
Debentures Called—
•/■ ■;>
954,034
,
29,040
ori"o"
34,087
Ohio Edison Co.—Invitation for
Proposals—
15,797,000
323,347
4,257
Company is inviting sealed, written proposals for the purchase from
it
*—V, 160/p. 835.
outstanding $13,-
proceeds are to be used to redeem all of the
289.000 of Vk'Jo debentures due 1949.
The
Net
—V.
$8,194,138 $68,214,969 $66,262,717
597,161
approps. of
Bal. to profit
New
$4,728,919
Net
1944—7 Mos.—1943
$4,499,912 $32,499,535 $30,422,587
4,658
are
1,790,500
$4,733,577
rev._
rate
388,074
income
oper.
Operating revenues..
Operating expenses
Operating taxes
1944—8 Mos.—1943
1,728,500
railway taxes
operating income™
1944—Month—1943
revenues
Uncollectible
profits
exc.
taxes
Other
National
Northwestern Bell Telephone Co.—Earnings—
Period End. July 31—
Operating
Earnings for Month and 8 Months Ended Aug. 81
1944—Month—1943
Net
Monday, September 25, 194
the
RR.
sale
other
1
of
the
funds,
refunding
bonds
to
of
redeem
mortgage
series
as
bonds,
of
A
and
Jan."
due
B
1,
Jan.
will
1945,
be
the
1,
1961, of *
which
there
will
be mot
exceeding $54,750,000 outstanding in the1
hands of the public and $17,444,000 owned by Union
Pacific; $253,000
principal amount, held in the treasury of the company, will be sur¬
rendered
to
the
trustee
of
the
redeem
the
first
and
refunding
cancelled.
Funds
will
to
first
and
refunding
be
Under
mortgage
:
required
•
deposited with City Bank Farmers Trust
Co.,
the first, ana refunding. mortgage, upon the
refunding
mortgage
bonds,
and
the
first
and
-
.
mortgage
the
-
and
f
bonds
trustee
delivery of the
refunding mortgage
^
refunding mortgage bonds will be redeemed at 105%, plus
accrued interest to Jan. 1, 1945, upon surrender thereof with coupons
due Jan. 1," 1945, and subsequent coupons attached, promptly after the
Records—
and
bonds shall have been delivered.
of the company now aggregate about 2,277.06
miles, comprising (a) about 635.09 miles of main line railroad, wholly
owned by the company, of which 33.38 miles are double tracked, (b)
about 27.20 miles of main line railroad, of which the company owns
an
undivided one-half interest, of which .86 mile is double tracked,
(c) about 139.90 miles of main line railroad of which the company
has the equal joint possession and use under trackage contracts and
agreements with other railroads, of which 139.73 miles are double
tracked, (d) about 1,219.11 miles of branch lines of railroad, wholly
airline
as
share
1
Nov.
Divs.
16,
Sept.
160,
sales
Net
Profit
——
charges...
after
contingencies
———
profits taxes—
for
Reserve
-
and
excess
kwh.,
Output—
and its subsidiaries for the
128,357,000 kwh., an increase
the corresponding week in 1943.—
or
7.5%,
over
-
;
Corp.—Another Army-Navy "E"
Telegraph Co.—Earnings1944—Month—1943 ' 1944—7 Mos.—4943
$10,651,767 $10,731,120 $72,968,500 $67,641,554
27,500
19,000
182,500
149,200
Pacific Telephone &
31—
Period End. July
Operating
revenues
Uncollectible oper. rev..
Operating
Operating
$10,624,267 $10,712,120
7,488,168 r 6,720,916
revenues..
expenses..
160,'
2,626,382
14,261,811 14,461,316
$1,087,267
1,740,675
j
income
oper.
income—.—
Net
$1,364,822
1,047,365
$7,417,493 $8,478,521
11,814,450 10,943,870
160, p. 732.
"
'v'-?«.•
4
•
'»
•.
•,
\j *]■*
'
-
•,
•••v*' l\
-
•
Corp.—Post-War Program of
New Routes and Extensions Proposed—
Integrated air transport service to major trade and travel centers
all continents was proposed on Sept. 30 by Pan American World
Airways in applications for new services and extensions of its present
L
American Airways
Pan
on
$2,182,087
$2,091,260
$2,061,265
with the Civil Aeronautics Board.
,
Proposals include two new northern trans-oceanic
and Asia and extensions which would complete the
flag airway around the world planned by Pan
-•Pearl Harbor.
Th&fjcompany's Latin American
expanded to provide .luxurious but.low cost mass
routes to Europe
central AmericanAmerican long before
operations would be
air transport facili¬
network would reach the continent's
...
China,
North Pa¬
cific through Paramushirb; Tokyo and Shanghai.
A new North At¬
lantic air route would link New York and Moscow by way of Labrador,
Iceland, Oslo, in Norway, Stockholm, in Sweden, and Leningrad, in
the Soviet Union.
Moscow, also, as well as Berlin, Paris and Geneva
ties and extension pL'its African
southern tip at Cape Town, ^
Pan American seeks permission to link Seattle and Canton,
via an extension, of its;Alaska, services-from Nome over the
served by extensions
would be
of Pan American's pre-war
terminated at London, Lisbon
already holds permanent
France, Eire and Portugal and
routes which
airline
national
England,
and Lisbon.
Ireland
Proposed extensions of Pan American's pre-war
fill in the missing sector through
routes would
East, India, Burma
Middle
trans-Atlantic
and Marseilles. The inter¬
certificates to operate to
is now flying to Foynes,
Atlantic and Pacific
the Mediterranean, the
and French Indo-China areas to provide a
airway around the world. Calcutta could
American-flag
be. reached by extension of the New York-Lisbon-Marseilles routes
thVough Rome, Athens, Cairo, Basra and Karachi. At Calcutta, exten¬
sion of the trans-Pacific route from San Francisco and Los Angeles to
China would provide connections across Burma and include a stop at
Hatidi' in French Indo-China.
■
co-ordinated
seeks permission also
its island route to the
Pah1, American
Island,
to connect Tokyo with Wake
Orient, and to extent its line
southward to Batavia, Java.
proposes
rect
a
Australia.
Sydney,
to
On its route
Pan Ameri¬
Noumea di¬
terminates at Auckland, New Zealand,
branch from the island stepping-stone of
Australasia, which
can
i
base on
Manila to Singapore
from
to
a
,
$9,959,165
6,540,298
$9,558,218
6,210,659
$240,044
389
$280,218
Dr514
$3,418,867
3,178
$3,347,559
Dr6,053
$240,433
65,026
$279,704
70,653
$3,422,045
831,218
surtax29,000
Net
33,800
398,800
.
.
,
on
cargo
traffic.
long haul
applications Pan American indicated
four-eneined aircraft of advanced type, "details as
presented at th,e hearing."-V. 160, p. 1191.
In
<
the
other
tions
the prospective purchasers, contemplates $117.75 for
of the company, approximately 60% of which is
This price represents par and all unpaid cumula¬
dividends upon the preferred stock.—V. 159,-p. 1389.
• -
held
tive
Farmers Trust Co.
of $4 cumulative
City Bank
shares
75,000
Oil Co. of
1192,
160, p.
.
.
income
Other
on
liquidated
being
;V. 158. p.
Pathe
Thp
Indebtedness to Creo e
June 30,
which is
month.—
2473.
$6,102,830
172,668
$5,827,859
84,166
.155,256
__
..
227,164
$5,912,025
215,255
208,621
169,913
1,803,930
1,699,846
1,200,502
profits
is the
first regular
share on the 4%
to holders ol recquarterly dividend payable on the
l«
stock issued as a
New Jersey
Inc..- of
■
J
I
■
t
.'
'**
*4* '
$2,115,756
Operating revenues
807,054
-
$1,021,524' $1,377,175" $1,678,859
1943.—V.
160, p.
Control of Coal Concern—
owned subsidiaries during August
purchased 85,345 publicly held shares of Clinchfield Coal Corp. common
stock for $2,602,022,
giving them 62% of the voting power of the
Clinchfield company, according to an amendment filed with the SEC.—
and several wholly
Net
Jones,
Jesse
Secretary of Commerce, on
156,
title remaining in Defense
Plant Corporation.—
Earnings for Six
after charges and
P. 332.
160.
before
Profit
inc.
tax res—
excess profits
and
taxes:
———.^
.•
•;
$217,508
■:
Total
reserve
—
$1,050,000
$1,542,000
743,000
1,145,000
1944—12 Mos.—1943
$2,669,000
1,950,000
$307,000
$719,000
$0.52 '
$1.32
$397,000
$0.76
profit
class B share
Earns, per
Earnings for Quarter
$2,193,000
1,553,000
Ended June 30
$640,000
$1.10
1944
Net
&
income &
excess
profit
Earnings
per
159,
p.
Potomac
excess
profits taxes-
687,500
paid
profits tax reserve—
—
class B share
2526.
—
3,231,822
2,910)341
$323,828
$193,551
$1,516,144
17,133
8,616
$1,956,876
117,875
$1,579,156
$553,000
376,000
$213,000
$0.42
$157,000
'
$0.27
new
160.
filed with the SEC on
inc.__
$340,961
$202,167
$2,074,751
Dr6,770
income
Dr5,426
Dr29,339
Dr22,201
$2,045,412
$334,191
$196,741
9,008
7,915
80,781
$325,183
$188,826
$1,964,631
$1,494,934
Dr 11
1,342
2,919
2,280
14
Crl
Dr8,035
1,257
income.—-x.—L
$325,158
$190,169
inc.-
246,550
119,350
$1,959^515
1,440,050
$1,495,957
953,300
$78,608
$70,819
$519,465
$542,657
income
ord.
Gross
ordinary
Deducts,
..
r
;
incomeinc. (Cr)
inc.
Extraord.
inc.
ord.
from
Extraordinary
Net
Plan—
63,012
$1,556,955
62,021
Deducts,
*
$4,42(j)455
$5,188,698
414,731
revs.
Operating
1944—7 MOS.—1043
$608,282
465,728
Ordinary insome (non¬
communication)
(Dr)
net
from
Net income
Service With Paris
(
Reestablished—
communication between New York and Paris,
by German occupation of the French
capital, was reestablished on Sept, 16 by this corporationsgJt is an¬
nounced.
^ For the present,
according to RCAC, the New York-Paris circuit
will carry only Government and press messages.
No commercial traffic
can be accepted.
Movement of press dispatches from tfie war fronts
in France and Germany is expected to be greatly facilitated.—V. 160,
radiotelegraph
June,
since
1940,
769.
;
v.-
Radiomarine Corp. of
Other
revs
oper.
communic.
565,714
♦$22,091
♦$253,929
1.400
1,400
Ordinary
ord.
Net
Net
9,800
■138,817
1,348,994
955,835
$118,126
$1,104,865
$832,918
16,125
2,315
/-
(Cr)__
$113,143
$118,126
$1,088,740
$832,918
3,250
3,250
$832,918
$116,393
income
from
net
inc.-
income
♦Loss.—V.
:
$115,458
income
income
Extraord.
♦$132,717
151,181
inc.
ord.
from
9,800
401,630
.
*'
income
ord.
Deducts,
$268,913
$311,785
63,410
♦$37,123
—
inc.
income (non¬
communication)
$41,319
83,476
deductions—
Total oper.
1944—7 Mos.—1943
$46,353
revs.
oper.
America—Earnings-
1944—Month—1943
Period End. July 31—
Total
Deducts,
Edison Co.—Financing
550,000
>
.
-
Inc.—Earnings
1944—Month—1943
1943
$828,000
615,000
Sept. 18 details of the refunding
proposed to effect a saving in interest charges.
3 »/<% first mortgage and collateral bonds
to mature in 1974 is contemplated by the company.
Proceeds of the
new issue,
plus, whatever cash from the company treasury might be
needed, would be used to redeem $11,900,000 5% first mortgage bonds,
series E. at 105 and $5,000,000 4'/2%
first mortgage bonds, series F,
at 107 y2i these prices including accrued interest on the two issues,—
v.
3,214,128
$4,616,150
deducts
oper.
Net
—V.
2,397,360
$5,290,807
$789,556
communic.
Gross
before
Net
209,202
$483,285
revs
oper.
Total oper.
p.
1944—6 Mos.—1943
and
profits
exc.
Months Ended June 30, 1944
Co.—Earnings—
Poor &
Period End. June 30—
Net
$7,830,277
$415,479
;»
preference dividends
Direct
Manufacturing Co.—Earnings—
profit
tax
63,713
$7,688,167
193,277
Period End. July 31—>
Sept. 16 announced that the
1420.
p..
Pollak
Inc.
8,011
$692,487
amort
suspended
Net
993
160, p. 1192.
Net
Corporation has authorized an increase in its contract
company to provide additional facilities at a plant in
Canton at a cost of approximately $150,000, resulting in an over-all
commitment of approximately $500,000.
The Plymouth company will
operate these facilities,
$7,680,157
$691,494
259
(net)
Balance
Prior
above
the
2,517,405
$7,766,564
$608,756
and
Plant
Defense
2,908,000
235,351
$609,015
revs
oper.
income
Facilities—
—V.
261,746
Balance
Plymouth Rubber Co. Inc., Canton, Mass.—To Increase
V.
186,638
taxes______
Other
'
/
160, p. 769.
with
125,264
taxes...
income
Federal
Other
571.
Pittston Co.—Acquires
V.
126,038
_t
Depreciation
1944—12 Mos.—1943
$1,986,994 $25,925,494 $23,627,551
10,259,528
8,948,140
728,560
1,794,193
1,759,791
130,280
1,463,503
1,541,380
119,658
1,137,746
1,776,638
81,651
a
company
is a member
companies.—
Co. (& Subs.)—Earnings
1944—Month—1943
Period End. July 31—
RCA Communications,
compares
This
elected a director to fill a
1,240,000
statement
a
Jersey—New Director—
160, p. 332.
-V.
for the quarter ended June 30, 1944, the company
consolidated net loss of $187,840 after charges.
This
with a net profit of $421,403 for the quarter ended June 30,
In
reported
764,315
companies 42 years and has been Treasurer since 1917.
He
of
the boards of directors of the subsidiary operating
■:
3,489,200
2,975,400
30,000
taxes
Net'profit'A——-Yr Dr$72,901
A
result of the merger of Pathe Laboraand Pathe Laboratories, Inc., of California
Pathe'industries, Inc.—V. 160, p. 667.
.
;
nUferred
tories
""■V
Fed. & State inc. & exc.
$1,451,941
700,491
the board occasioned by the death of George Barker.
Middlesworth has been with Public Service and predecessor
Van
709,967
$1,988,193
$1,332,527
has been
Middlesworth
Van
Wilson
Mr.
$3,798,739
discount.
and
program
Inc.—Initial Dividend—
have declared a dividend of $1 a
preferred stock, par $100, payable Oct. 1
Public Service Corp. of New
T.
vacancy on
136,414
depl. & amort.
income
Total
Interest
55,816
160, p. 870.
Interest
Deprec.,
390,000
$3,662,325
$6,275,498
The company
Industries,
•"'tMs'dividend
t*
been paid off.
directors
cumulative
k-Z
1943. has
1943, amounted to $1,942,063,
at the rate of approximately $105,000 a
PetrofeUm ^orp
into
$1,832,937
expenses-
238,000
$125,151
63,692
—$105,807
requirements-
—V.
Other
after
Net
131,000
50,100
—___
Maintenance -
v
6 Mos. End. June 30—
1944
1943
1942 -.-A.* 1941
Net sales
—A.
$29,987,214 $34,419,711 $34,793,369 $2.7,917,252
Costs, expenses, etc.—j 28,154,277
28,591,852 28,690,539 24.254,927
Income
31
exp
income
Operation
Subs.)—Earnings—
Pittsburgh Steel Co. (&
Profit
Dec
and
Puget Sound Power & Light
has been appointed sole registrar
preferred stock.
See offering in
431,791
621,500
40,600
tax__—
div.
Inc.—Registrar Appointed—
Pillsbury Mills,
The
for
»After
on
Net
-
$3,341,506
936,774
amort, of debt,-
of
Pfd.
V.
"
1
that they have negotiated
prof.
exc.
•
(normal
taxes
disct.
\
impesed by
warren
f
Made for Stock—
preferred stock
by the public.
the
■
V:
and
Accel,
Net
yenezuela, C. A.—Earnings—
6 Months Ended June 30—
DrU^qfis
*Net profit
—
$509,250 Dr$122,965
depreciation, depletion, Venezuelan income taxes, etc.
W
Smith. President, states, 'that if the production outlet
•continues at'the present rate to thetpd of the year, company's net
profit for all of 1944 should be
$1,600,000, as compared with
$2paStefpec's11 loan^from the Chase'National Bank, which stood at
Pantepec
;
inc.
Lives
..
it would operate
to which will be
(net)---
inc.
income—
Gross
Fed.
offer,
through Jo¬
Africa.
proposed new Latin
American operations designed to provide additional U. S; gateways,
'ports and more direct express services.
With a fleet of advanced-type,
-multi-passenger planes it plans to provide mass air transportation at
low rates
reducing travel time and tariffs to as low as 3'/2 cents a
mile for passengers and 10 cents a ton mile for some types of classified
income
oper.
Non-oper.
/
1944—12 Mos.—1943
$799,261
519,043
revenues—
Operating expenses
•
Hempshire—Earnings—
1944—Month—1943
,
$854,509
614,465
Operating
which has been made to the Pennsylvania Co. for Insurances
and Granting Annuities, of Philadelphia, as depositary, for
all of the stock of the Phoenix Iron Co., Phoenixville, Pa.
The Phoenix Company was founded in 1827 and up to the present,
time the control of the company has been continuously held by the
descendants of David Reeves, founder of the business.
Yarnall & Co. state that the offer, while subject to certain condi¬
an
to extend its net¬
the South Atlantic Pan America has asked
southward from Leopoldville in the Belgian Congo
hannesburg to Cape Town in the Union of South
A
month ago Pan American filed details of
over
work
accrued revenue, $186,727; investments,
and miscellaneous equipment at cost
31—
Period End. Aug.
i? 'V-*"---
of Philadelphia announce
& Co.
Yarnall
'
;
,
£•:?
»
$2,007,357
'
$588,086; accounts and notes
banks,
in
and
hand
on
1944
Sheet, June 30,
Public Service Co. of New
Award—
filed
routes
.
"
.> >
Phoenix Iron Co.—Offer
V.
'orNet
1191.
p.
..
$72,786,000 $67,492,354
51,106,696 44,552,517
2,048,832
Operating taxes
133,908
carried forward
Fed.
V.
.
133,909
Deductions
'
$988,842
$878,043
$886,034
Earnings per common share
$2.50
$2.21
$2.23
Note—No provision was made for renegotiation of Government con¬
tracts.—V. 159. p. 1696.
0 '.
' |
profit
Net
!
300,000
133,909
$26,853,957;
(less reserve
$8,323; total, $27,648,149.
Liabilities—Accounts payable and accrued liabilities, $183,089; pro¬
vision for income and excess profits taxes, $477,679;,dividends payable
on
pfd. stocks, $150,000; dividend on common stock, $89,273; 5% 30year series "A" debentures, due' 1957, $1,067,000; 4%%
30-year series
"B" debentures, due
1959, $7,997,500; 6% cumulative first preferred
stock,, (par $100),,. $5,000,000;. 6%
non-cumulative participating1 pre¬
ferred stock (par $501, $5,000,000; common stock 446,365 shares
(no
par), $5,012,720; earned surplus, $2,182,088; special reserve, $488,800;
total, $27,648,149.—V. 160, p. 51.
'
Philco
on
'Income
300,000
89,275
depreciation), $11,056; deferred expenses,
for
barges, and for essential industrial, railroad, telephone, public
and mining installations.
Output in the first six months of
1944
was
34%
greater than
in the same period a year ago.'—
July 1,'44 July 3,'43 June 27, '42
$41,107,524 $45,177,860 $38,136,969
7,717.842
7,029,398
4,422,834
750,000
500,000
5,979,000
5,651,355
3,536,800
300,000
10,000
Assets—Cash
"E"
16th
batteries
Subs.)—Earnings—•
Months Ended—
300,000
300,000
10,000
ing
Pacific Mills (&
300,000
;■
pension fund-
utility
6
300,000
300,000
furniture and fixtures
Heinritz, Vice-President in charge of the division.
This is
award made to Philco plants.
Storage Battery Division is producing
explosion-proof
for the Navy Department, batteries for Water Buffalo land¬
W.
M.
The
•
1,907,418
$2,741,265
stock_
receivable including
recognition of its continued excellence in war production, the
corporation's Storage Battery Division at Trenton, N. J., has just
been awarded its fifth Army-Navy "E," it was announced on Sept. 18
the
2,007,357
$2,805,174
Balance
In
by
2,061,265
$2,835,169
10,000
for
Surp.
for this company
1944, amounted to
1191.
p.
Philco
.
2,091,260
stock
common
on
Common Div.—
record Oct. 1.—V.
of
output
electric
ended
9,007,000
54-
493,137
$333,847
stk.
pfd.
cum.
on
preferred
the usual semi-annual dividend of $1.50
cumulative preferred stock, par $50, payable
160, p. 1083.
6%
the
on
of
Called—
488,199
$797,817
Divs. on non-cumulative
15 declared a
Philadelphia Electric Co.—Weekly
The
week
480,333
$773,904
$2,881,360
surplus
stock, no par va'lue, payable
holders
to
V.
585.
Total
dividend of 15 cents per share
Oct. 25 to holders of rec¬
2.
This compares with 10 cents each paid on April 25 and
this year, and 20 cents on Jan. 25.
Payments during 1943
follows:
Jan. 25, 25 cents;' April 26 and July 26, 10 cents
25,
per
461,762
$790,100
Surplus for year
Surplus brought forward
and Oct. 25 ,15 cents.
The directors also declared
first mortgage sinking fund
gold bonds
been called for redemption by The Empire
District Electric Co.. successor corporation, at 105 and interest.
Pay¬
ment will be made at the Empire Trust Co., trustee,
120 Broadway,
New York, N. Y.
,%• %
Immediate payment, together with accrued interest to redemption
date, may be obtained upon presentation of said bonds to the trustee.
p.
earnings
Interest —^
each;
„t—V. 160, p. 988.
—V.'158,
$1,326,984
Divs.
common
Oct.
were
sixth year,
amounting to $200,000 a year. Proceeds of the notes are
to be added initially to the company's working capital,
but are primarily intended to be used for advantageous
post-war
improvements in manufacturing facilities.
All of the outstanding
due March 1, 1952, have
ago,
year
a
directors on Sept.
the
ord
the Mutual Life Insurance Co. of
3J/4% notes, due Sept. 1, 1959.
I
Net
$1,286,016
of 18% over the total of the
and highest in the company's history.—
Philadelphia Co.—To Pay 15-Cent
The
Co.—Notes Sold Privately—
Water Co.—Bonds
48,772
$1,254,237
988.
160. p.
on
sinking fund beginning the
Ozark Power &
57,720
$1,251,862
Prov.
York, $2,000,000 of
The notes carry a
Taxes
express,
month
same
V.
July
Company has sold to
231,750
transported 563,873 pounds, an increase
about 46.48 miles of branch lines of rail¬
road
owns an undivided one-half interest and
(f) about 209.28 miles of branch lines of railroad of which the com¬
pany has equal joint possession and use under trackage contracts and
agreements with other railroads.
The main lines extend from Hunting¬
ton, Ore., to Portland, Ore., from Portland, Ore., to Seattle, Wash., and
from Hinkle and Messner, Ore., on the line between Huntington and
Portland, via Umatilla, Ore., to Spokane, Wash.—V. 160, p. 1190.
by the company, (e)
of which the company
New
1941
$1,607,506
227,996
Carrying
ment,
owned
Outboard Marine & Mfg.
1942
$1,571,732
L
Expenses
setting a new monthly record in the latter depart¬
511,934 pounds of air mail over its system, the
bettered'its August, 1943, record by 38%,
In air express PCA
air
and
1943
$1,631,713
230,338
147,138
earnings
Gross
previous monthly passenger records in its history,
Pennsylvania-Central Airlines in August flew a total of 53,550 persons,
representing an increase of 101% over its August, 1943, business, PC A
Vice-President J. J. O'Donovan
announced last week.
This is the
second successive month that PCA has established new traffic records.
A new all-time high
in air express was also established during the
month by PCA.
'
: '
' \
■
>;< . '
.
During August PCA also showed sizable gains in both its airmail
of railroad
lines
The
,
Again cracking all
refunding mortgage
1944
$1,644,142
231,209
161,071
30—
Years Ended June
'
•
•
Corporation of Canada, Ltd.- -Earnings—
Power
Corp.—Establishes New
Pennsylvania-Central Airlines
forthwith and satisfied of record in due course.
discharged
be
ill
First
1299
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
160
olume
;_
$118,126
$1,091,990
96,506
92,890
877,542
673,230
$19,887
$25,236
$214,448
$159,688
160, pp. 1084, 332.
it recently
series of $16,900,000
p.
Jv
122.
'■
\
....
■
.
Reed Roller Bit
Quarter End. June 30—
Profit after charges
before
—V.
159,
Federal
P.
1944
1943
1942
1941
$641,702
$414,433
$665,649
$479,178
but
taxeg-
2677.
Co.—Earnings—
1300
THE COMMERCIAL & FINANCIAL CHRONICLE
Reliance Mfg. Co. of
Illinois—Earnings—
6 Months Ended June 30—
Net
profit
tEarnings
•After
taxes
*$o72,20»
$2.24
in
$2.43
Gross
See
Delaware
&
RR.
Corp.—V.
for
and
•Net
profit
Earnings
etc.
share
per
•After
for
Net
tOn
$3,050,321
$3,211,608
$2,497,2.90
1,677,665
»1,746,473
1,712,750
940,492
916,819
Crl.554
Cr20,445
Cr26,475
34,817
100,000
150,000
1943
1942
£958.443
$958,683
$409,258
100,000
.
.
income———
$319,210
$333,717
paid—313,200
314,550
^
surplus—
§$2.06
§$2,06
§S0.88
t$0.08
$6,010
$418,761
<
Solar Manufacturing
Co.—Registrar Appointed—
The National
$19,167
Drl7,434
$382,262
368,200
,194*
shares
of
stock,
common
$50,561
Cr676
See
Balance surplus
of no par capital
$1
§On
par.
$4,868,211
Cr620
"
V
,
4,750,842
stock
465,000
$4,879,640
$4,859,798
$4,816,399
104,800
105,000
105,300
$3.06
outstanding..—
per share.——
Assets—Cash
Republic Aviation Corp.—Earnings-
$259,619;
Earnings for 6 Months Ended June 30, 1944
sales
Net
profit
alter
Provision
Reserve
$219,797,334
—
for
for
charges————,..——...—————————
Federal
taxes
—
readjustments
post-war
$3.18
$3.99
$3.63
Net profit
Earnings per share on 982,406
7,925,082
contingencies
869,701
i
..
—V.
160.
Revere Copper & Brass,
6 Mos. End/June 30—
Net
before
for
tax.
1944
1943
*1941
$9,474,295
$7,733,884
9,055,000
8,480,000
5,420,000
'
contingencies
§560,000
§750,000
profit
tEarns. per com. share.
$922,993
$914,434
$994,295
$0.47
$0.46
$0.51
$1.58
—
—
earnings (excluding post-war
Earnings per common share
In
•Including wholly-owned subsidiaries.
tExcludes post-war refund of
profits tax. the estimated amount of which is reflected in the
for
contingencies.
+On
1,286,917 shares oi common stock.
^Includes renegotiation of war contracts, the
post-war credit for excess
profits tax; etc.—V» 159, p. 2123.
shipments
the
reserve
sales
1944
Consol.
earnings before taxes
for price decline In value
Prov.
inventory
Prov.
.J.—.
for
Fed.
—
income
of
war
Consolidated
♦Earnings
*On
excess
5,539,900'
6,364,200
1,998,505
1,382,000
profit——
net
$2,113,603
$1,906,343
$756,884
$1.93
$1.73
SO.61
share——.
per
NOTE-—For
possible
order.
to
stock outstanding.—V.
common
mechanical
in
always
are
it
reasons
companies
arrange
However, they
as possible.
position
tax
1,960,738
2,219,854
1,023,662 shares of
Mount
is
See
■;
Buffalo
Mt.
Vernon
as
1022..
160, p.
near
Cost
of
\
sales——U
for
Fed.
Contingency
Net
—V.
for
per
160.
income
taxes——.,—-.,
per
The
directors
and
standing
Oct.
the
on
10.
No
,
the
for
stock
may
Net
$1.31
a
extra dividend
share,
as
Net
share
common
for
the
12
r
$0.30
net
profit
Earnings for Six Months
Net
profit
Earnings
after
per
—-V: 159.
charges
and
For
>
:
■
I
St. Louis Public Service
Period End. July 31—
Net
income
after
all
°The
'
J.
$690,688'
1,119,500
shares..———
share————"
quarter
ended
June
Bank
York
Montreal
of
transfer
for
agent
Co.
of
the
New
York
common
has
capital
1944—Month—1943
ended
to
July
Oct.
.
1944,
1943.
to
'
*$24,807
*$251,553
the
similar
160,
charge
571.
p.
applicable
;
1944—4 Wks.—1943
49.981,871
Savage Arms
July,
*
After
excess
and
share
a
$186,219
$0.12
for
reserve
160,
Federal
taxes
Schumacher Wall Board
Quar. End. July 31—
after
charges and
Earns,
—V.
per
and
$0.28
1942
Finance
1941
Federal
1
$35,715
$0.40
$32,665
$0 28
$0 73
'
income
after
all'charges
*Includes approximately
V.
and
applicable
Sears, Roebuck
&
Profit
Federal
taxes
Net. profit
♦Earnings
;
— —
per
*On 5,837,968
—^—
—
share...
common shares.—V.
159.
160, p; 1232.
20.227,400
12.159,373
13,133.327
■
J
>
1,772,002
12,424,016
464,546
2,957,994
3,379,429
$310,822
$2,127,434
$2,275,479
199,066
1,395,134
1,491,865.
$6,463,620
11.293,973
[
:
.
—Jan. 1 to Sept. 7—
1944
1943
*<
$6,254,684 $235,919,479 $224,808,639
Subs.)—Earnings—
1944
———:
for- retirements
.
———
$1,265,381
$468,399
—:
^
—
1943
$1,449,783
579,923
71,991
221,449
108,021
revenues—
$354,157
11,56T
p.
*Net
.
533,19V
47,428
221,573'
109,025
y
'
-
*
1,415,945
1,313.622
136,061
Income
305,422
498,183
;
270,830
'470,156
—
» 477,475
$908,951
$1,004,806
—139,886
—
'
146,256
$1,048,837
:
on
$721,319
335,678
preferred stocks——
335,678
$299,237
Net
Net
rev._
per
charges
common
1598.
p.
and
1944'
taxes
160,
p.
not been estimated because
the year will have an indeter¬
Co.—Earnings—
1944—7 Mos.—1943
$1,427,699
700
600
4,900
4,200
$209,456
$173,764
$1,422,699
$1,192,601
125,028
103,274
807,040
694,953
51,180
44,032
408,430
296,200
$33,243
$26,458
$207,229
$201,448
20,291
12,966
115,253
104,838
670.
1943
$1,196,801
Spear & Co.—Earnings—
loss after
*Profit.—V.
1942
$478,211
$0.79
1942
$4,176,144
$4,685,200
62,756
58,751
*46,294
charges and taxes—_
159, p. 2124.
'
Spencer Shoe Corp.—Sales Continue Lower—
corporation
reports sales in
1944.
the
11.03%
nine
its
below
months
retail
those
stores
for
ending Sept. 2,
the
for
same
the
five
five
1944, 10.93%
weeks
weeks
of
below the
corresponding period of 1943.—V.'160, p. 365.
$543,970
$0.51
1943
$3,997,824
'
1943. and for
v
1944
sales
Net
ending Sept. 2.
$342,155
share
of
6 Months Ended June 30—
$3.24
Sloss-Sheffield Steel & Iron
Co.—Earnings—
after
have
$174,364
:
income—_
income—
"
profit
133,206
160, p. 876.
1944—Month—1943
oper.
Net
'
•
taxes
$232,519
$210,156
Operating revenues—
Operating expenses
Operating taxes
$385,641
$2,51
share
'
profits
revenues——
Uncollectible oper.
429,743
$634,915
•
—
common
871.
excess
effect thereon.—V.
Operating
"
p.
$341,734
___!
$1,151,062
413,922
income
and
taxes
$365',725
136,237
taxes
———
income before income
Period End. July 31—
1943
$3,508,391
_____
—
;
$472,503
130,769
—
Southwestern Associated Telephone
1944
295,316
profits
4,104
drilling deductions during the balance
1597.
___
excess
income
income
earnings.
minable
deductions—
160,
$2,547,370 $17,509,444 $16,948,881
—Week End. Sept. 7—
1944
1943
$0.92
.
.';•■■;
Sperry Corp.—Earnings—
1943
25.041,000
tl.' ./
Railway—Earnings—
operating
Net
Co.—Earnings—
(net)
.
$2.08
_
'-i
Interest and other deductions
$1.61
.*
income
per
interest—-
406.359,494 365,053.503
37,200,373
33,360,727
taxes.
Net
,
300,000
$3,724,611
and
Balance
(Including U. S. Subsidiaries)
Socony-Vacuum Cil Co. (&
Subs.)—Earnings—
sales
before
$22,944
867,235
205,321
Non-operating
$1,871,203
depreciation
income
Earnings
-—V.,159.
1944
*$23,714
$2,954,094
1,037,016
$489
'
Southwest Natural Gas Co. (&
Operating
Operation
3,200,000
$0.96
6 Months Ended June 30—
-
777,360
1,286,555
12 Months Ended June 30—
Provision
232,000
;
for
Earnings
Co.—Earnings—
1,302,968
$2,973,627
.
$307,248
earnings
160, p. 1023.
The
minority
116,971
"
income
oper.
Qeneral taxes
$1,111,739
earnings from operations
>■ Net
Net
24-Week Periods End.
July 16—
74,556
$1.27
Aug. 31—
__—__.—_
—V.
.*$180,634
to
657,357
'
:
1,471,403
,
revenues
income
Gross
-
taxes
$15,000
159. p. 2237.
Consolidated
renegotiation.—V.
Dividends accrued
(Includes National
Net
1943
$602,871
*$1,473,560
__
share—:
common
to
.
Corp.—Earnings—
64,593
*$1,224
July 31—
Gross
possible
-
Finance Ccrp. of California)
Earnings for Nine Months Ended June
30, 1944
v
2,369,648
and
$68 648
$0.32
.
:
<
.
Seaboard
taxes
General taxes
Income
$40,025
share..
.
59,794
118,319
"*
;
—V.
1943
85,652
*
_
per
Provision
Other
Corp.—Earnings—
1944
586.
and
Maintenance
contingencies:
all
taxes—_
com.
159. p.
inc.
571.
p.
'
'
••
Period-*-
.
"
conting.
profit
Operation
renegotiation.—V.
profits
war
*Subject
Net
Net
and foreign
profits
for
Operating
.
1944—11 Mos —1943
$267,705
,
reserve
Sioux City Gas & Electric
:
Corp.—Earnings—
1943
Ltd.—Earnings—
102,730'
_____
'
Southern
.
appointed
stock.—V.
160,
1944
1943
1942
$32,497,739 $30,608,101 $37,603,143
3,843,208
-2,805,142
5,371,203
_
Earnings
1
t$78,156
$2.20
William W. Wren has been elected
Vice-President in charge of public
He will be succeeded as
General Commercial Manager
by
771.
(& Subs.)—Earnings—
inventory decline——
■
■
1944
*
$279,619
*
Maintenance
12 Months Ended
common
charges
to
v
.
——____
VSubject
•
stock
relations.
Agent-— ;
23,026
charges———————.—..
for Fed.
Net
'
1,529,675
Laurence S, Stone.—V. 160. p.
\
■.
$1,793,674
renegotiation—
New Vice-President—
'
been
1944
Months Endd June 30—>
Res.
1944,
1944—36 Wks.—1943
,
3 Months Ended June 30—
♦Net profit
•
to
and
1944—Month—1943
Net income
159, p. 774.
Prov.
months
45,593,240 448,461,906 403,227,877
1023, 871.
Earnings per
6
'
.
6a,1,es.
p.
after
Profit before taxes and.
$819,097-
Safeway Stores, Inc.—Sales Higher—
160,
loss
Simmons Co.
retroactive
while
$69,000.—V.
taxes
$2,535,953
1,788,479
440,226
Net
$274,792,
$713,632
revenues
—V.
1944—7 Mos.—1943'
•
$71,741
operating expenses for the seven
includes $385,000 for wage increases
Period End. Sept. 9—
—V.
Net
e.*-.
that
v
•
.
states
31;
l,
amounted
.
Total
Net sales
etc.—
and
metals'
$263,999
on
maintenance
*
Sherneth Corp.—Earnings—
6 Months Ended June 30—
.*
Co.
of
1944—Month—1943
'
1944—7 Mos.—1943
$2,547,953
$2,551,370 $17,573,444 $16,965,881
12,000
4,000
64,000
17,000
$0.24
1118.
p.
/
*
sales
Operating revenues—
Operating expenses
Operating taxes
1,150,000
$0.47
$0.62
& Power Co.—Transfer
New
-$272,501
Co.—Earnings—
Platinum
from
1942"
$527,266
1,120,000
Trust
-
,
&
Southern New England Telephone
Co.—Earnings-
30.
__
taxes,
report
-
Gold
proceeds
revenues—'—
Uncollectible oper. rev._
1943
Shawinigan Water
1944
;
and
expenses
•Deficit:—V. 160, p. 1232.
1
$13,714,358 $11,820,097 $10,208,694
1,726,721
1,154,532
564,584
1,036,033
627,266
289,792
——
taxes
common
per
the
1944
The
.
$o 75
r
.
charges,
30,
!__
capital
Surplus
$0.17
$1,832,783,
•
June
taxes——
share
per
Int., deprec. and divs.—
1944, company reports a net profit
after charges and taxes of
$360,480, or 32 cents per share, compared
With $290,505. or 26 cents per share in like
period of 1943—V. 159,
p. 2123.
;
• • ' •
$1,58
share—'
common
2123.
p.
Ended
-
the
upon
Federal
Taxes
profit of $1,824,387,
months ended June 3Q. 1943.-7-'
;
——J_—
Outstanding
•
•
usual
as
American
profit
Period End.
—
•'Net profit
of 25 cents per
■'.
South
159, p. 485.
—V.
Co.—Earnings—
deducting all
but before
taxes, the estimated
of
estimated
and
net
a
require refining.
of 1944. after
after
for
Oper.
$332,514
was
1942.
1944, the subsidiaries produced
11,134 ounces of crude platinum;
and
months
earnings
2311.
Sales
quarterly dividend of like amount on the out¬
stock, both payable Oct. 20 to holders of record1
was paid in 1943.—V.
160, p. 123.
: v- v,,' :
Root Petroleum
(excluding minority interest) for
Southern Canada Power Co.,
—
$433,539
with
taxes
gold
Period End. Aug. 31-r-
174,398
50,000
$0.29
1944,
t$0.24
Earnings for Six Months Ended May 31, 1944
charges—;
profit
Earnings
506,912
362,152
$427,905
30,
compared
Profit after chgs. but before
provision for Federal taxes
—
1
an
696,300
75,000
.
$417,152
Operating
$700,370
$1.86-
18 declared
common
745,691
six
based
Gross
1,199,205
$0.28
-
June
1941
$97,989
t$0.05
on
Provision
1941
$425,913
1942
1943
$52,913
$$0.03
South Bend Lathe Works—Earnings—
$1,950,809
ended
Subs.)—.
production, amounted to $168,374, after deducting minority
interest.
This
compares
with
$135,457,
after* deducting
minority
interest, for the same period in 1943.—V. 160, p. 1232.
—V.
1942
share.
months
(&
ended June 30.
crude
income
be
$2,646,166
—
income
products
first
subsidiaries,
'
502,000
of
these
the
and not
in the amount
common
of
consolidated
Summer
1943
6 Months Ended June 30—
27,117,481!
2,101,109
$782,794
regular
extra
than
10%.
$3,352,427
—
com.
12
a
Earnings
;
share—
Sept.
higher
increased
that
1944
927,513
Co.
taxes
in 1943.-—
providing for depreciation and estimated
depletion,
providing for United States and Colombian income
(F. G.) Shattuck Co. (& Subs.)-♦-Earnings—
,
common
$1.30
or
Rochester (N. Y.) Button Co.—Extra Distribution—
r
share
10%
states
$3,141,192
and
Colombian
ounces
For
2666.
p.
500,000
period—.:
229.
P.
25,778,091
5,441,230
taxes
profit
the
For
V. 159. p.
!
common
on
Platinum
after
stockholders
before
Net
July 1,'44
July 3,'43
$32,502,115 $29,918,959
•
•
___
State
reserve
profit
Earnings
and
both
60.75
216.850
running above those of the
expected to be reflected in the
Quartermaster's Department, he
quarterly dividends
contingencies
Fed. income tax,- etcProv. for war conting,_
Inc.—Successor
Development, Inc.. above.—V. 122,
sales.
Prov.
by
the
Quarter End. June 30—
profit——
Profit
always
alphabetical
alphabetical
Co.,
?
>
r,
26 Weeks Ended—
Net
that
Gross
Riverside & Dan River Cotton Mills,
Inc.—Earnings—
'
$302,850
are
are
share——
per
Estimated
Sharp & Dohme, Inc. (& Subs.)—Earnings*—
not
exact
Realty
''
and
income
the six months ended June 30 totaled
$37,200 in 1944, $35,597 in 1943,
and $36,655 in 1942.
Estimated U. S. income taxes
(excluding minority
interest) for the first half of 1944 amounted to
$36,159, as comparedwith $46,947 in 1943. and
$132,864 for the first six months
payments,
Earns,
Vernon
1943
&
1944
$95,015
t$0.05
profit
During the six months
B. .Semler
were
also
Gold
Federal
compared with 70%
as
of
Ralph
1944
American
for
reserve
depreciation, depletion, U. S. and Colombian income taxes,
interest, etc.
tOn 1,760,000 shares
capital stock (par $1).
$On the 1,810,000 shares
(par $1) of capital stock.
.
or
Ricaby
of
earnings
reports,
S0.24
1941
minority
1,346,000
.
Company Dissolves—
quarter
that
Semler
$189,743
$0.16
*After
■'
in advance of the quarterly Federal income
the board has decided to advance the payment dates to
11th day of September. December, March and
June, the first such
advance payment being made Sept. 11.
Heretofore dividends were paid
in the latter part of each of these months.—V.
160, p. 670.
.
facilities
emergency
•Net
Earnings
$0.54
President
1942
$128,951
$0.17
6 Mos. End. June 30—
the
profits taxes —'
Amort,
and
Mr.
year.
order
received
1942
$3,484,883
of
——
&
1943
the. second
quarter
this
In
$11,834,095 $10,269,053
for
first
stockholders
corresponding period in
Reynolds Metals Co, (& Subs.)—Earnings—
♦
to
1943
$136,996
$0.20
charges and Federal Income taxes.
South
'27.094
profits tax refund;
excess
stock.
Earnings—
,
third quarter's earnings.
The Army
states, has placed an initial order for Kreml Shampoo
Of $91,000.
.
June 30—
letter
a
excess
6 Months Ended
securities,
losses), $1,602,183;
$32,000; merchandise
$294,681;
goodwill,
$1;
Earnings for Six Months Ended June 30, 1941
$2,363,884
Net
marketable
Net earnings (including post-war excess
profits tax refund)
Earnings per common share
Net
r
preferred
1944
share_
com.
for
reserve
receivables,
(R. B.) Semler, Inc.—Earnings—
1942
$10,719,434
t8,025,000
etc.—
.banks, $550,659;
(less
other
Inc.—Earnings—
$9,507,993
taxes-—.:.
Fed.,income
Prov,
$1.84
670.
p.
in
and
convertible
$167,746
per
Note—The report states that the
has been computed at 80% of
Income
Liabilities—Notes payable—banks and brokers, $1,000,000; accounts
payable—trade, $454,141; Federal, State and city taxes, $539,662; mis¬
cellaneous
payable, $71,692;
accrued
liabilities, $130,086; long-term
debts, $40,000; reserve, $510,000; capital stock (125,000
shares, no par),
$2,000,000; earned surplus, $2,868,217; shares of treasury stock (20,800
Shares), DrSG19,155; total, $6,994,645.—V. 159, p. 643.
$1,808,176
—___—
shares——.—.—
common
and
receivable
merchandise
on
"A"
V. 159. P. 2475.
inventories, $4,187,763;
fixed
assets
(net),
deferred charges, $32,708; post-war refund—"excess
profits tax bonds,"
$24,182; other assets, $10,850; total, $6,994,645.
10,602,959
—
and
hand
on
accounts
advances
series
Subs.)—Earnings—
profit
•After
"
Earnings
the
1118.
6 Mos. End. June 30—
*Net
,
Balance Sheet, Jupe 30, 1944
Net
of
p.
Sonotone Corp. (&
$64,937
Dr7,163
4,816,399
104,200
Shs.
City Bank of New York has been appointed sole regis¬
90,000
shares
Earns,
2456.
p.
for
offering in V. 160,
317,325
4,859,798
•
4,879,640
the
Harold F.
$147,994
stock.—V. 159,
succeed
328,753
Crl0,944
X 528,876
Adjustments——
Frev. capital and surp._
1944
r ;
1.800,000
2,189,876
.
State
contingencies
Divit^nds
159, p. 2310.
depreciation, interest, and provision for Federal income taxes,
shares of capital
$3,061,837
—
Fed.,
1941
the
company and Chairman of the Executive Committee,
late John A. Brown, who died on
Sept. 9.
Sheets, Vice-President of the company, was elected Chair¬
man
of
the
Board, a position which has been vacant since 1935.
—V. 160, p. 1232.
to
1942
trar
(& Subs.)—Earnings—
—
_
1943
city taxes
Net
Reo Motors, Inc.
6 Mos. End. June 30—
1944
Inc. and loss adjust, (net)
Saratoga RR.—Merger, Etc.—
Hudson
earnings
Prov.
President of
Inc.—Earnings—
Seli.,adm. and gen. exps.
Res.
Rensselaer &
Brothers,
Years Ended June 30— <v.
1943_
*$527,4o6
share...
common
Seeman
1944
'
"
provision of $2,200,000 for Federal income and excess profits
both periods.
tBased on 222,855 common shares.—V. 159,.
*
'
" /
2237.
p.
per
'
charges and Federal taxes
alter
Monday, September 25, 1944
6 Mos. End. June 30—
■
6 Months Ended June 30—
Estimated
$2.26
after
for
all
consolidated
charges
~
*Net
1944
1943
Board
allowances
$20,000,000 $15,000,000 $15,500,000
of
Earns,
-
and
taxes
New President & Chairman—
The
1942
earnings
Directors
on
Sept.
14
elected
,
B.
Brewster
.
Jennings
inc.
after
per
*After
is
•
•
for
-
1943
-1942
t$4,242,813 f$2,394,237
$2.19
$2.11
Federal
$1.19
1941
$3,477,434
$1.72
taxes and reserves for post-war con¬
made for renegotiation, as company believes
tAfter provision for renegotiation of profits on
tNo provision
necessary,
Government
1944
share_
provision
tingencies.
none
com.
charges t$4,413,287
contracts.—V.
160,
p.
(Continued
52,
124.
on page
1334)
1301
•
Number 4319
160
Volume
THE COMMERCIAL &
iii
iiiii
iiiiiMMnniii ■■iiiiMiiiiiiiiiii iiiMiiiiiiiiiii
MMmmnmmmKmmMrrnrmmmmmMmmmmmnmmmmimmmmmnmmsamKmmKm-nmmmmmmMtmmwmnmmmmmmmmnm
Stock and Bond Sales
DAILY
delivery tales are
NOTICE—Cash and deferred
during the current
Stock Exchange
Treasury
the day. No account Is taken of such
Sept. 19
Sept. 18
•{
Mis, June, 1964-1969
100.31
*iy2,
1965-70——————
2 y2s
units
sales in $1,000
Total
109.23
(High
Low
[Close
2y48, 1952-55
Low
•
Close
Low
Total sales in $1,000
units
High
$1,000 units—
2y4S, 1954-56
Low
•
Close
1951-55——.——Low
[close
Total sales in $1,000
units
100.19
$1,000 units.-—,
[High
[ High
[Close
100.19
[
100.19
Low
[Close
1956-59
2'As
1955-60————-—Low
nigu
Close
Total sales in $1,000 units
[Close
units—
Low
1947
2s,
[High
{ Low
High
—
2s, March
High
Low
23/iS, 1948-51
1948-50
bow
•
Total sales in $1,000
Close
units
[Close
f High
units
2s, Dec.
\ Low
1948-50
(Close
[High
Total sales in
\ LOW
[Close
23/4S, 1951-54
$1,000 units
High
I
( Low
2i, June, 1949-51
$1,000 units——
(High
[Close
Total sales in $1,000
\ Low
Total sales
2%s, 1958-63
units
| High
[Close
In $1,000 units—-—[Hign
{ Low
•{ Low
[Close
1949-1951
Sept.,
Bs,
Total sales In $1,000
units
—
[ Hign
[close
Si, Dec.,
1949-1951X.———{ Low
| Close
$1,000 units———
Total sales in $1,000
[Hlgn
(Close
$1,000 units
units
[High
1 Low
2%8, 1960-65
■! Low
j Close
1950-1952
March,
2s,
—
Total sales in
High
$1,000 units
[High
Low
1945———————■
\ Low
1950-1952
Sept.,
2s,
Close
units
[Close
sales In $1,000 units
Total
[High
100.25
100.28
—( Low
100.25
100.28
100.25
100.28
[High
\ Low
1948
2s, 1951-1953
[Close
$1,000 units——
Total sales In
[Close
Total sales in $1,000
i Low
[Close
[Close
—J Low
1S52-1954
2s,
(Close
[Close
Total sales in $1,000
$1,000 units
units
| High
[High
2s
[ Low
1953-55
[Close
-{ Low
3Mi8, 1952-54
[Close
Total sales in $1,000
units—
$1,000 units
Total sales In
■;
(High
l'As
i Low
2Mi8, 1956-58
$1,000 units—
[High
Home Owners
units
100.13
[Close
3
$1,000 units
100.11
Low
100.16
100.11
Close
100.11
100.16
100.13
100.13
1
100.13
< Low
100.16
100.13
100.13
[High
Total sales In
3
Loan
l»/aS, 1945-1947———
$1,000 units
1963-1968
101.16
High
[Close
Total sales in
101.16
—
i Low
2Ml8, 1962-67
101.16
[High
( Low
(Close
1948
Total sales In $1,000
[Close
Total sales In
2 Mi8,
units—
[High
[High
Total sales in
Vow
Total sales in $1,000
\ Low
3Mi8, 1950-52
Total sales in
•Odd
1
1
NEW YORK STOCK
$1,000 units—
transaction of registered
lot sales,
bond.
RECORD
STOCKS
LOW
Monday
Saturday
Sept. 18
Sept. 16
$ per share
60 Mi
•109
•53%
8%
•59 VB
60%
111%
57 %
11%
11%
30
39%
•87
6%
•146%
22%
40
93
share
AND HIGH SALE
Tuesday
Sept. 19
t per share
6OM2
60
111%
•109
60 '%
57 Ma
•53 %
8%
8M2
61
•59 Mi
11%
11 Ms
31
•29 %
22/2
•21%
40 %
39%
93
•87
6%
6%
6%
153
per
•109
8%
61
30
•21%
$
•147 Mi
150
•54
60
111 Me
57%
8%
9
•59 M.
60
11%
*30
22 Mi
40%
*87
6%
*147%
PRICES
Wednesday
Sept. 20
$ per
61
•109
*54
8%
60
sharp
61
111 Ma
57%
9
60
Sept. 22
61
61
111
111'%
8%
573%
•54'%
8'A
8%
61
60
11%
11%
111/4
29%
30
221%
223%
221%
22 3/4
800
40 Ms
4C%
40
40%
3.200
40%
93
6%
152
40
*86
6%
*147Me
40%
93
6%
152
*87
93
6 3%
"*29
*87
63%
6 Mi
*147%
149%
vH
CO £
2 Ms
2 Mi
2%
2'%
27%
28%
28 Mi
23%
28%
28'%
28 Ms
50%
50'%
50
50'%
*50'%
26%
27
26%
27
263/4
•81M4
85
*81»A
85
*81 Mt
13%
27
13 Mt
13%
•13%
147%
147%
148%
•15%
20%
Fo>-
149 Ma
16
•15 Ma
16
29%
•29%
30 Mi
footnotes
see
page
1311.
13%
.149
*15%
30 Mi
14 V*
14 Ml
151
*149%
16
*15 Ma
30 Mi
30%
85
14Mi
26%
•8IM2
14
26%
26%
85
•81M4
14i%
*14
149'%
151
150'A
16
*15%
16
*15%
30
30
149
7.500
3.800
-
150
301%
6.600
6 3%
28'%
2 M»
50%
93
2M4
27%
50 Mi
400
30
21/4
2'/8
85
2.600
11%
11%
31
27%
26%
400
221/4
11%
2%
26%
6.600
8%
60
30
51
1.500
26%
2.800
85
143%
1.500
1501%
1.600
16
30
900
Lowest
EXCHANGE
Par
Abbott Laboratories
4%
preferred
t per share
No par
52 V2 Feb 21
100
109% Jan 17
Jan 24
ACF-Brill Motors Co
2.50 //
8'% Aug 8
Acme Steel Co
25
53
Jan 3
Adams Express
1
10% Jan 27
Adams-Millis Corp
No Par
20M2 Jan 31
Address-Mutigr Corp
10
19V2 Jan 6
Air Reduction Inc
No par
37'A May 18
Alabama & Vicksburg Ry
100
75
Jan 13
Alaska Juneau Gold Min
10
5'% Apr 18
Albany & Susquehanna RR
100
124
Jan 3
Allegheny Corp
1
2
Mar 29
5%% pf A with $30 war
100
23'% Jan 3
$2.50 prior conv preferred-No par
37
Jan 4
Alghny Lud 8tl Corp
No par
24 'A Apr 19
Alleg & West Ry 6% gtd
100
70
Jan 21
Allen Industries Inc
1
9'A Jan 3
Allied Chemical & Dye
No par
141
Apr 26
Allied Kid Co
9
13% Mar 18
Allied Mills Co Inc
—No par
29
Aug 15
Abraham & Straus
*21%
27%
•81 Mi
20
57
*30
11%
2%
•50%
111 Ma
22 'A
27%
51
1.000
31
2'A
•49 Ma
61'/a
.
,
.-
Range since January 1
STOCK
Shares
111
*60
NEW YORK
the Week
61%
*54
for
t per share
Sept. 21
$ per share
Sales
Friday
Thursday
2'4
51
1
High
1951-55
2s.
$1,000 units—
Total sales in
i?' 2
units
(High
2%s, 1949-53
4
sales in $1,000 units
Total
$1,000 units
2%s, 1945-47
1
Total sales in $1,000 units
1
[High
2%s,
7
100.18
\
2y4S, 1951-53
Close
In $1,000
100.12
[High
3s, 1946-48
Total sales
100.9
,
100.18
109.28
'High
2%S,
1
100.18
109.28
[Close
Total sales In
100.13
-
$1,000 units—;
Total sales in
100.13
100.11
100.12
100.13
100.11
\ Low
[Close
| High
2%s, 1956-59
2
100.11
Total sales in $1,000 units
\ Low
1949-52
Total sales In
100.9,
5
9
units
.
Total sales In $1,000
100.9
100.10
I Hign
■
Total sales in $1,000
100.10
Low
Close
[Close
Total sales in
*2
100.9
[High
■
Low
(High
2%s,
100.10
units——
Total sales in $1,000
1 Low
Total sales in
100.7
100.7
[Close
$1,000 units
3yas, 1946-49
3s,
100.7
—
Low
t
1964-1969
2MiS, Dec.,
100.31
100.31
(Close
Total sales in
Sept. 22
Sept. 21
•
.[High
\ Low
Total sales in
Sept. 20
Total sales In $1,000 units.—-—-
:
[High
Total sales in $1,000
Sept. 19
—
[Close
Total sales In $1,000 units——
3 Mas,
Sept. 18
[Close
fHlgh
Total sales In
"
Sept. 16
—
2
-—■} Low
3%s, 1946-56
Corporation coupon bonds on the New York
[ High
Treasury
[Close
sales la $1,000 units——
1944-54—
sales In computing the range for the year.
Stock Exchange
Bond Prices
Daily Record of U. S.
Sept. 22
Sept. 21
Sept. 20
\ Low
4V«s, 1947-52
4s,
YEARLY
-
Securities on the New York
[High.
«
Total
WEEKLY
unless they are the only transactions of
of the transactions in Treasury,
Sept. 16
S. Bond Prices
Daily Record of U.
New York Stock Exchange
Home Owners' Loan and Federal Farm Mortgage
week. Figures after decimal point represent one or more 32d of a point.
furnish a daily record
Below we
«»
-
dlsrevarded In the day's range,
United States Government
•'
FINANCIAL CHRONICLE
No par
47
Highest
I per share
64 V2 Jun 23
114 Jun 12
60 July 7
9% Aug 3
64% July 17
13'% July 12
31'% Jun 16
24" Jun'<27
43
July 15
93
Sep 6
V 7% July 13
161 Jun 3
3 July 14
34% July 14
58% July 14
29% July 5
85y2Junl3
15% Aug 23
152% Sep 1
16% Feb 5
35'AMar27
Range for
Previous
Year 1943
Lowest
share
I per
51V2
Jan
Nov
108
Highest
$ per
share
63 y2 Mar
Sep
115%
35%
Jan
52
41%
July
Jan
57 Me
Sep
7%
Jan
13
Apr
25 y2
Feb
32 y2 July
14%
Jan
2iya Mar
38%
Jan
48%
Jun
67
Jan
7 6 Mi
Sep
Jan
7 Va
Apr
Jan
128%
Dec
3%
85
•ft Jan
3 M» July
Sep
Jan
32 Mi
13
Jan
45%
18 Ms
Jan
31% July
5Va
75
64
7
140V2
10%
16Mi
Jan
Jan
Jan
Jan
Jan
11V2
165
Sep
May
Jun
July
14% May
37% Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
1302
LOW AND
$ per
I per share
19 V8
101%
36%
36%
•113
share
19%
19%
19%
'99 %
19%
share
37
114
114
36%
36 ¥1
37
112%
115
*114
t per share
20 ¥4
20%
lt)l%
*100
101%
*100
101%
19%
20 ¥2
19%
37
114%
•113
*100
36%
36%
t per share
114
YORK
.
5%
3,000
Lowest
No
1,800
A'/o conv preferred
Alpha Portland Cem
3%
1,300
par
No
22%
*112%
par
Amalgam Leather Co Inc..
113
900
14% Jan
22%
22%
22%
22%
22%
22 Va
3%
3%
3%
3%
3%
3%
3%
3 ¥4
3%
3%
•39%
40%
♦39%
40%
*39%
40%
*39%
40%
*39%
40%
*39 ¥2
40
97%
97%
97%
97%
97%
98
*97%
98 ¥2
97%
97%
98 ¥2
.99
28%
28
28
28%
28 ¥4
28
28 ¥4
28
28
1,400
Amer Agricultural
Chemical-No par
Inc
17% Apr
par
28
*22
22%
6%
■
28% • 28%
74%
67%
16%
75
74%
75 ¥4
75 ¥4
75%
75'%
75'%
1.500
American
Alrlineu
20%
20%
20%
20%
20 ¥4
20%
20 ¥4
20 ¥4
1.700
American
Bank
67%
16%
66' ':V
66
66%
66
66 ¥a
65'%
65 ¥4
70
16%
16%
16 »/2
66%
17 ¥4
16%
16%
16%
lb-'a
2,iou
*43%
44 ¥2
43%
43 %
43 %
,•900
131%
131%
•16
75%
75
43% ? 44
44
12%
•87%
89%
176%
12%
J.2%
177%
43%
134%
♦132
132
132
134%
12%
13
12%
89
177
*176%
39%
40
39%
40
39%
40%
81%
81%
81
81%
81%
82
25
25
25
25
25
•24%
•112%
113%
112%
123
122%
*16%
4
106
23
3%
3%
*89
27%
4
3%
*26%
4
*3%
5'/a
*67%
25%
;
900
Am
j
30
460
American
American
American
121%
12%
17 y;
V
'
13
16 ¥4
16%
105
105
25%
26 ¥2
4 ¥4
*103 ¥2
28'/a
28 '
4
4
3%
3%
6 %
Amer
J
300
American
8 ¥4
200
American
4
4
3% /;
4
90%
90
19%
19
83
83
83
83%
*82
84
*81%
83%
*82
84
36
*34%
36
36
1,900
•
36
35%
34%;
34%
*34%
5%
*5%,
5%
5%
*40'/a
44%
*67%
6%
*41
68%
'
*41
44%
68%
68 %
68%
5%
5 ¥1
44%
*41
69
5%
44%
69
69
90
5%
3,500
300
:
*41
2,000
47
par
8
82
19% Jun
45% Aug 24
71
77/a
6%
72
*
7%
<
*6%
72
8
8
JK
73
8
8%
'
*8%
9
*8%
*48
9
*48
49%
*8%
49%
18%
18%
18%
27%
Jan
Jan
3%
Jan
1
9 ¥4 May
71 ¥2
Jan
91% July
Nov
185 ¥2 July
¥4
Nov
26
27% July 15
18 Vs. Jan
lOS'/Wan 20
108'% Feb 18
10¥4Jan
5
115¥2July24
par
23
20
21'/4 Sep
American Home
American
92
92
92
15%
11%
*11
22%
*22%
*22'%
2%
11%
48%
20%
19%
19%
19%
92%
93
92 ¥2
16
16%
11 ¥«
11 ¥a
23
126
*23
*124"
36%
*36
36 ¥2
2%
2%
2%
2%
54%
54
55 ¥4
54 ¥2
48%
48%
49%
11%
11%
12
48%
11%
11%
*175
2%
182
*174
14%
14%
14%
71%
70%
16%
*16%
182
.
6%
Jan
13%
Dec
18%
Feb
97 ¥2
Jan
104 ¥2
Jun
11
42 ¥2
Dec
54%
Dec
4'/4
Jun
Mar 22
Jun
5
Jan
87%
5
7
Jan
26
90'% Jun
5
39
Jan
78'%
30
39% Mar 31
37% July 17
6¥4 Aug 18
44¥4 Aug 18
65
75 V* Jun
5% Mar 16
102
3
1
Mar 27
22
16%
150
150
39%
150
*148
24V4
24%
24%
24% -
18
18
18
18
23
23
\ 150
•
157%
43%
24%
>
39
158
43%
43%
;
*148
*22'%
45%
23%
:
;
*125%
28
46
*125%
*27%
*27%
161%
161'%
23
43%
;
25 ¥a
24 ¥2
17%
17%
23
•22V2
*22
24
16%
400
16%
16%
i
29 ¥2
29 ¥2
1
39%
43%
y *46
a,
39'/a
A
i
23
151
161%
70%
*71%
149%
.
150
*43
46%
70%
*12
23%
*7%
46
¥4
45%
*126
128
28
29
*70%
72
161%
161%
161%
71%
71%
71%
*70%
72%
72%
72%
72 »/4
72 %
150%
150%
161 %
161%
•
149%
12%
12
150
150
12%
12%
150
151
12
12'%
43%
43%
43%
44
119%
*119%
120
8%
8%
95
8%
95%
*7%
*93
9
•;
8
*84%
,
:■
84%;';'.
8 y
"84%
9
•
96%
*93
8
?<] t'
.
85%
®.
86
12 ¥0
12
Safety Razor
Seating Co
*43%
44
44 ¥4
120
*119%
8%
*91
96%
8 ¥a
:
8¥b
86%
8 ¥4
,
9 %
96'is
86 ¥2
8%
f:
44%
9%
'
*91
!
96 %
200
8%
1,800
86%
8
86%
800
$6
4%
4%
48
*4%
26
4% y
*47
51
31
*30
26
*30
26
25%
*25%
*113%
114%
11%
*10%
*10%
*3%
4
y
31%
:
25%
*10%
4
55
y
*3%
55
55
5%
5%
5%
5%
5%
89%
89%
89%
89%
89%
*101
105
43
*101
105
*101
43'A
*10%'
43%
43%
43%
11%
*10%
11%
*10%
;
Viscose
Feb
11
111
Jan
7
par
26% May 17
156
Jan
6
100
114%
11
a
4
11
yy
56
56
6
90
90%
105
*102
44
43%
4
:
310
25%
t
100
Anchor Hock Glass
*10%
¥4
57
5%
6%
90%
90%
90%
*103
105
106
5%
91 ¥1
*103
10;:
43%
43%
10 ¥2
*10%
t
16 ¥4
A
8% Jan
$6
2,600
&
6¥4 Jan
3
par
84¥2 Jan
10
par
6¥a Jan
3
67¥2 Jan
3
7%
900
Armstrong
11
400
Arnold
9%
*106
98%
*45
*106
62 s/8
*93%
35 %
*26
*59 ¥2
28 ¥2
*112
9%
107
10
9%
16 ¥4
16
106%
99
45%
107
16%
106%
99
46
9%
16%
*106
100
*98%
45%
*106
*43
107%
*106
94
106%
106%
100
100
100
200
46
*44
46
200
106
106
107
10
•
107%
93%
*93%
36%
107%'
63%
64%
38
27%
27
27
63
*61
63
*61
63
*112%
113%
113%
14%
14 y8
56
57 ¥2
116
*16 ¥4
17 ¥4
9%
9%
72
64
;.
63 ¥4
93 ¥4
94
36%
94
94
94
:
36%
37 ¥2
i
*27 ¥4
28 ¥4
27 ¥4
*27
27%
7-:
200
*61
64
64
*61
64
28%
113%
*112 ¥2
*61
29
113 ¥4
.
•
28%
28 ¥a
28%
'112 ¥2
113 ¥4
*112%
29
10
*
•
14%
14 ¥4
14%
14%
56
¥2
56%
*56%
V-40
71%
*70%
4%
4%
4%
57%
56 ¥4
*114
17%
9%
<'1RS/q
*9%
72
*70 ¥2
4%
*55%
57'/4
116
'115
56
55 ¥4
116
6%
56
*115
;
*16 ¥4
10%
10%
11 ¥8
71
72
72
73
20
-..
2.600
¥;:/
4%'
4%
4%
4%
4%
22%
22 34
23 Vb
7¥a
7%
14% ; 15 ¥»
7%
73/4
14 ¥2
14%
230
4%
22 ¥4
/
Austin
$5
23
Jun
98% Aug 15
9% Aug 14
32
Jan
115%
Jan
3% Jan;
53% Jan
88%
Nov
8% July
79% July
54% July 26
28
July 6
42% Jan
54% Mar
24 ¥a
Nov
31%. Apr
3%
8%
7 ¥4
Nov
Dec
29%
Apr
Apr
23'% July
116
Mar
14%
Apr
3'/a
Feb
iy« Jan
16
34
Jan
47%
5
3
Jan
6%
94'% July 14
46
Jan
75
Sep
7
49
Jan
84
Dec
30
Jun
Jan
3
474 Apr
19
74'% Jan
9
85
3
par
35'/4 Apr
18
46% Jun 28
5
9¥4Feb
17
par
8 ¥2 Jan
3
12'% July 10
13% Jun 28
1
12'% Jan
4
100
90
Jan
3
100
85¥2 Jan
3
par
33
19
Sep
May
Jan
10
103¥4Jan
9
Jan
9% Jan
2¥8 Jan
May 19
12% July
49%
121'/4 Aug
3%
Jan
No
63% July
55 ¥4
111¥2
No
158'/4 July
94% Aug 17
6% July 5
117'% May 26
12
July 5
4% Aug 30
57
Jun
6% July
119
Jan
17% July 13
107¥2 Sep
1
101% Aug 18
45% Sep
Sep
Sep
Jan
40%
6% Jan
10%
Jun
4%
Jan
10'%
Jun
6 ¥4
Jan
15 ¥2
Jun
72 ¥2
Jan
97'% July
94% July
59
Jan
6
29
Jan
39 %
Oct
100
Jan
108 ¥2
Nov
103
100
53 ¥2 Jan
3
July 11
71% July 20
.
Line
100
82
Jan
7
98
Jun
27
66
Jan
RR
100
25% Jan
3
44
May 31
24
¥2 Nov
Feb
15
30
Mar 23
19
Jan
36 ¥4
Oct
65
Mar 15
44
Jan
68
Oct
18%
Jan
28% May
Lines—
1
25
.100
7
24% Jan
14
100
pref series A
59 ¥4 Jun
25
No
preferred
107% Feb
18
5
11% Jan
3
50
.
preferred
Atlas Tack
49
120¥2 July 11
10 % Aug 12
6
preferred.
Refining.!
conv
Jan
19
Jan
100
Corp.
5%
17%
10 ¥2
72
17 ¥4
6%
13% Jun
114
No
I SS
conv
146% July
Napar
Atlas Powder
370
116
*16 ¥4
17%
10 ¥b
,
Jan
Jan
non-cum
Atlas
56%
65% July
129%
Jan
...
Jun
Aug
Aug
Jan
16 Vb
Jan
32%
Jan
24
42
115
Jan
33% July 17
2
33
42 ¥2
28% July 20
par
Dec
17% July
*
43 ¥2
7
preferred
W
&
A%
4,500
2oo
14 ¥4
56%
115
G
3
16
Apr
127 ¥4
July
5
Corp
preferred..
Atlantic
4,900
113%
14 ¥4
*1«%
9%
Atl
'
47%
July 11
152% July 6
24
Goods
Coast
16
No par
Co—
Apr
May
July 14
Jan
Topeka & Santa Fe
5%
Jan
Jan
preferred
Atlantic
Jan
21%
7
20
preferred
5 %
*56%
115
Atch
6,100
27 %
1st
2d
5%
800
36 ¥2
37
29
6%
7%
3
Feb
5
Assoc Investment Co
5,400
37%
*93%
14%
*56%
17%
90
63%
56%
*70%
4¥a
63 ¥4
*105%
14%
116
*16%
9%
3V
*56%
57%
57
116
...
*106
94
36%
56
43%
106
*41
36%
14 ¥4
*69
106
100
4^.
Jan
44
24% Jan 26
20
Corp
Dry
164
91
16
100
Cork
Associated
106%
93%
56%
Artloom
1,800
loo',/
*26%
313 ¥4
2.700
16 Va
100
36 ¥2
28%
10
31'% Jun
25
Illinois
of
Constable
16%
*41
27 ¥2
28%
9%
16'%
*106
64
28%
10
46
62%
28 3/4
9%
16 ¥4
100
106%
62%
*14
*57
16%
62%
62%
*56
*115
10
129% July
par
No
prior preferred
43%
Jan
12.50
Corp
preferred
"
16
No
4
25
Co Inc
Co
conv
3
par
1
Daniels Mldl'd
Armour
7
19
Mining
Copper
W Paper
P
Archer
106
10%
¥
9%
6
.91
Andes
900
1,700
14,000
Jan
50
div preferred
$5
100
4
55"
*43 ¥4
44
30
11
4
55
6'%
11%
*10%
11
4
55 V2
16%
11%
30%
114%
y
4
6 Ve
30
114 ¥4
17 ¥2
1
75
139
Dec
49¥? Sep
75
26
prior conv preferred—
36
Jan
3
100
Anaconda Copper Mining
Anaconda Wire & Cable
32% Mar
12
3
39 ¥2 Apr
Amer ZiPC Lead & Smelt
18
11% Mar
577/8 Jan
No
100
15%
Jan
Dec
19% July 20
24'% Aug 14
56% Jan
116% Apr
No
Jan
12%
25
29% May
No
Woolen
16% July
69 ¥2 July
151% Aug
14
preferred
¥2
Jan
Jan
Jan
29
10
Elec
&
Oct
Oct
8
100
Wks
Jun
19%
100
Corp.
V»
Oct
11%
173
141 ¥2
3
preferred
8
45'%
Feb
Apr 24
27% Mar 16
16% Jan
100
17,000
*25%
Jan
Apr
25
4¥8
25 3-t
30
Jan
6¥a
Oct
Aug
25
2S¥4
114%
30
*25
16 ¥2
154
Oct
4'% May
48%
45
20
B
48%
*113 ¥2
Jan
Jan
161
par
43'% July 10
10
Teleg Co__„
*4%
$5
A
18%
Feb
Jan
Preferred
1,000
Nov
36
Jan
15
i__No
26'%
27 ¥4
Apr
125 y3
Jan
35%
No
*47 ¥2
4
26
56
*10 ¥2
4%
51
26 3
31%
*113%
11%
*48
27 ¥a
30%
.
43«
4'%
51
26%
r
*25 ¥2
*1*13% 114%
u%;
*3%
55
,4 ¥2
'47
26%
25%
25%
114 ¥2
4%
51
31%
30% :■
*25%
*113%
*54
4%
> 47
.;•>
y:-;
""
25%
27 ¥t
Jan
144 ¥2
22¥4 Jun
'
257/a
Jan
July 12
par
preferred
1st
20 ¥4
116 ¥4
x26
July 13
100
Co
class
American
Jun
45
151
par
Tobacco
Water
Jun
10¥a
160
No
Amer Type Foundries Inc
Am
15%
Feb
3
100
Amer Teiep &
8,400
Jan
7%
9
No
Sumatra Tobacco
5%
Sep
12 ¥4
13
39% May
147
Mar
preferred
Foundries
Am
American
82'/4
Jan
147
..25
non-cum
8
July 10
Oct
17'% May
36 ¥a Jan
100
;
July 17
Feb
Nov
10
18'/4 July
47
Jan
7% Nov
54
18
Jan
68
17% July lo
No par
100
39 ¥2
75'% July 13
Sugar Refining
h 1,500
•
120
7 Vb
3
31
S€p
5 ¥4
3
Aug 14
66'%
Jan
9'% May
12 ¥a Jan
Smelting & Refg
American
2,500
May
¥4
4% Jan
62'% Jan
7
6%
Aug 29
517% Aug 23
127/a Aug 21
180
3
440
May
5
3'% Aug 10
59
21
Common
70
Jan
3
13% Jan
American
Jan
2,
37
22
13¥2 Feb
Preferred
600
53 ¥2
Jan
American Snuff
6,900
Jun
Feb
26'/4 Jan
2,100
40%
Jan
18.50
Stove
<
Jan
9
No
American
;
12%
*119 Ve
.
9 ¥4
86
151
72
35
25
800
'
70%
/
119%
48
14
Apr
Apr
40
Preferred
28
18
Jun
4'%
100
200
s
Sep
38'/a Aug 22
6
par
127
72%
72%;;
72%
43%
8
126
21
No par
6%
5
25% Juiy 18
15
18
Jun
13
Jun
July
36%
163
preferred
300
45 ¥2
*125%
28
119%
84 ¥2
2
12% July
21
Ship Building Co
10
'
Jan
44% Feb
par
Rolling Mill
conv
Amer Steel
28
'
*84%
4'%%
Feb
32
Jun
May
Feb
No par
San'y
American Stores
*22%
50
9
Jan
2%
—100
1,200
127
43%
97
American
20
115¥» Feb
par
—No
Rad & Stand
7,500
*27%
161%
*119%
8%
8%
preferred.
No
Preferred
17%
*125%
46'%
43%
*95
$5
Am
par
par
No par
preferred..
24%
126%
v
119%
*119%
Light
$6
17%
46 ¥2
72
12'/a
&
Power
Co
Arner
700
'
70 %
71%
12'/a
No
100
News
24%
46%
v
*126
28
70%
150
Amer
230
44
*148
24%
17%
93'% July 12
167/a July 1
No
preferred
American
3,300
157%
28
*27%
161% 161%
127%
161%
7134
*1497/a
6%
American
410
38%
44
20'% Aug 18
4
Amer
1,300
157%
137
4
Metals Co Ltd
7,400
3,700
18,600
j;
30
12
182
16¥a
10
Amer
American
3,600
17
151
*148
•:
151
yy; 17%
18
»■;'
156 ¥2
43%
16%
Jan
80'% Jan
4
240
7
14% Feb
'
45%
45 ¥2
128
;
39 Vb
39%
158
24%
24%
"
*17%
*29
46
Aug 30
par
No
29
;
29 ¥2
16%
16%
*146%
,.
16%
16%
29%
50
7% Aug 18
79
100
Locomotive
8% Jan
1,110
16%
9'/4 Aug 10
14% Feb
"f 7,900
29%
12
par
14 ¥a
*16%
6¥8 Jan
par
71 ¥4
;
—1
No
i
48'%
11%
9% July
No
14%
16 %
39 %
48%
*175
25
Fdy Co
70%
29
158
54%
12'/a
7¥a Apr
Metais
14%
16%
39%
& 2%
182
par
&
71%
28%
43%
2%
19
&
10
54%
10
Jan
Mach
500
54%
Jan
61
Amer
125 ¥2
2%
4
100
Amer Mach
24
*124
par
preferred
Jan
Apr
29'/4 May
257/a Apr
5
19
111
of
1%
46 ¥8
10
10
Apr
preferred
conv
Tic
Co
Jan
Nov
10
1,100
14%
16%
158
;.
71
29
39%
5%
Invest
Jan
6%
22 ¥4
Jan
3% Jan
No
1%
113/4 May
Jun
33
50
Corp
112% May
3
1,700
11 ¥4
15
16%
*42"%
16 >/«
71
28%
158
16 ¥«
*11
36%
49
48
11%
16'A
43 ¥4
Internat
American
9UU
14%:
71%
39'/4
10
30,100
71
14%
71%
158
Amer
American
49 ¥2
36%
.
*175
29 ¥2
39
*48
*23
125 ¥2
*124
36%
16'%
*42
24
*23
-
36%
54%
,;
182
*16%
24
125%
*28%
158
49%
11%
22%
I''
93
*48
16%
*124 ;
36%
:
20%
93
11%
48%
11%
*175
16%
9;;
1,300
116 ¥2 July
Feb
11
4% Aug 17
10% July 7
8
No
Nov
96
15% Jan
1
Apr
107
Aug 18
29
6
10
Jun
July
July 10
Sep
53¥2 Jan
26
Jan
Products
80
24%
15
Apr 25
59
preferred
45 ¥2
18
Jan
-No par
Ice
6%non-cum
400
'
14%
*16%
*8% ¥
*92
72
14%
*71%
9
16
55
48
11%
178
*8%
11%
2%
53%
48%
48
178
9
16 '
22%
2%
54
8'/a
11%
36%
,
54
*8
16
126
36%
2 ¥2
8%
11%
126
37
*36 Vb
8¥s
16
15%
126
*124
8
72
24
68
par
No par
Leather
19
168
Aug
107
Mar 10
2 ¥4 Mar
No par
preferred
conv
124% Sep
14
8
No
183
7
14
23
&
Jan
101'% Feb
1
Hide
43% July
134
Jan
59 ¥2
par
Apr
127%
July 10
42% July 14
1
No par
3,200
¥■.7;-;
19%
19%
92
10%
7
*70
48%
49%
18%
J.5%
7%
72%
*8%
92
18 ¥4
*91%
6%
72%
8
9
*48%
'
6%
72%
Nov
9%
Jan
83¥2 Aug 21
Tiling
1,400
6%
*70%
6%
*71
Dec
61
8
14
"
*6%
71
4 ¥2
18%
Jan
5
10
Power—
76'A July
Jan
July 12
95'% July 13
132'% Sep
May 12
Mar
27
Sep
2% July
Jan
8%
4
American Hawaiian SS Co
American
14
7% Jan
3
37% Jan 14
126'% Apr 12
Export Lines Inc
preferred
preferred A
$6 preferred
6%
70
52
68 ¥2 July 18
25
10
100
$7 2d
44 Vi»
70
78% Aug 18
23 ¥a July 6
Jan
100
$7
.
300
5%
Encaustic
Amer & Foreign
1,100
19 ¥4
¥2
Sep
Apr 25
No
Amer European Sees
600
19%
Jun
34
18
stamped
Co
26%
90
*5%
Distilling
*8%
4
86%
Jan
Apr
No
26%
19%
Jan
23
68% Jan
preferred
8 ¥4
90%
110% July 17
31 ¥2 Jan 14
\x67
May 17
33 '/a Apr
No
Inc
26%
19%
*34%
Cable
8 ¥4
90
5%
1st
Fdy
preferred
26%
9
27%
19%
35'%
&
&
conv
22.400
29 ¥2
90%
67/«
Chain
100
106
19
68%
Car
non-cum
5%
Oct
Mar 29
170'% Jan
Crystal Sugar
preferred
113%
121%
31 ¥2
par
Colortype Co.—
1,800
16%
*113
Jan
25
Chicle
400
13
90
44 ¥2
*34%
*41
25 ¥4
122%
Jan
100
25'/a
113%
%
13 ¥2
4
—.100
800
•7%
Jan
July 14
41'/2Julyl3
1
Preferred
12,300
|
American
23%
17%
4
12
16
100
81%
13
16%
3%
No
38%
122%
105
*8
9
*26%
Co
38%
19
83
Shoe
preferred
Cable & Radio Corp
American Can
270
Dec
43% July
60
Amer
81 ¥4
18%
19%
*82
7
Sep
97
Jan
26
1
38%
*88% "90
91V2
*19 ¥4
177 ¥2
16 ¥2
Jan
58
Corp
81 ¥2
*113
14
*3%
*8
27%
-
24%
*3%
9
*26%
*103%
.
24%
23%
4
*8
9
27 ¥2
105
105
23
*3%
4
*8'%
*27
124'/4
16%
; 1,300
89
*177
Brake
5¥4'Jo
Jan
26 Vb
10
*80%
•
113'%
122%
*13%
.
177%
89
13,500
Bosch
'
*103%
22%
22
">112%
13%
16%
4
Am
50
,12%
6 ¥4
733/4
July lo
July 7
40% July 5
118
July 5
23% Jun 28
82
10
25%
112%
J.6%
134
12%
American
19
22
103
50
Note
preferred
38 ¥4
y
8i
124%
.13%
.16% 1 17
17
106
•104
-
13%
88 ¥2
177
25
-
*131%
12%
: 88%
38%
112%
123
*13%
13%
*13
-
124
112%
•122%
38"
X8i
43%
134
12%
89'%
88%
177 y 177
89%
176%
"
.
*131%
13
"
176
89%
•88%
44
*132
12%
6%
Corp„_No
Highest
$ per share
Jan
2
50
Petroleum
20%
•66
'
♦43%
Amerada
75
20%
•16
800
20%
74%
•20%
•65
'•
•
$ per share
28 ¥2 Jan
1
preferred
conv
''
3
33¥a Apr 24
105
Apr 19
100
22%
3%
Lowest
$ per share
27
96'/4 Jan
100
Mfg
Year 1943
Highest
$ per share
No par
preferred
Allls-Chalmers
22%
*22
Range since January 1
,
Allied Stores Corp
v-vVV' /'"'
36%
Range for Previous
.
.,.
STOCK
EXCHANGE
Par
4.800
101%
36 %
NEW
Shares
20%
•100
36%
for
the Week
Sept. 22
Sept. 21
* per Share
20
101%
♦101
114%
$ per
STOCKS
Sales
Friday
Thursday
Wednesday
Sept. 20
Sept. 19
Sept. 18
Sept. 10
HIGH SALE PRICES
Tuesday
Monday
Saturday
Monday, September 25, 1944
53¥» Jan
7
52 ¥4 Apr
19
par
100
Corp
112
No par
Nichols
May 26
14¥aMar31
23,500
Aviation
22,100.
Baldwin Loco Works
10,000
Baltimore
Corp of
Del
Jan
13% May
Jan
57
21
62
12
52
Jan
1203/4 Aug 14
113
18
July 31
Sep
6%
50%
56'% Sep
Jun
113'%
May
Sep
68% July
Jan
123
Jun
7 ¥2
Jan
16
Dec
Jan
9% Aug
19
9
28 ¥2
Jan
85 ¥4 Aug
3
5% Aug
8
Jan
25
par
66
Apr
3% Jan
3
Mar
90'/a July
38
2%
7
(The)
106
677/s July
8
par
No
....
Jan
13'% May
>7 84% May
No
prior A—
32% May 17
113'/4 Aug 28
15'/8 Jun 29
44%
6%
3% Nov
Apr
B
22
21%
22 ¥s
7%
7%
14%
14 ¥2
22
22
22%
22 34
23%
7%
7%
7%
7%
7%
77/«
14%
14%
14%
14%
14¥a
'14 3/4
.,
*10 ¥4
10%
*10% <'10%
*61%
63
*61%
*23%
24 ¥2
*23%
23%
*16'%
17
*16%
18
*49 ¥2
51
15 ¥»
15 ¥4
63
v
*10%
I
*61%
1
*49%
51
15%
24
17%
1
15%
>
*49%
15%
10%
*10 ¥4
63
61 ¥4
24
*24
51
♦49%
51
*49
51
*49
51
15 Va
15%
15%
15 ¥4
15%
15%
16%
16%
16
17 ¥a
17
16
15%
16 ¥4
29%
29 ¥4
33%
33%
*33%
34%
34%
34%
*108 ¥4
108 3'4
108%
108 %
*108%
1083/4
118
10%
*116%
34%
117%
10%
*33
*1161/2
30
30
*33%
4
34%
108%
108 ¥4
33%
*108
5 ¥2%
29 ¥4
9,500
10 ¥2
10%
33 ¥2
*32 ¥2
*116 ¥2
116%
*116 ¥2
*116 ¥2
117
11%
11%
11 ¥2
11 ¥4
11 ¥a
11%
12%
12%
12%
12 ¥a
12¥a
43%
43%
44%
43%
44%
11 ¥2
12
43%
117
11 ¥2
12 ¥2
43 ¥«
*11%
12 ¥a
43%
Bayuk
11,100
601
•
11%
.'12%.;
800
14,800.
.
•
5,100
Oil
Iron
Beatrice
40,
10%
43%
Bath
700
•
34
117%
i
800
;
33%
10%
preferred
Cigars
$4.25
Inc
Aircraft
Creek
13% July 20
66
-
43
Jan
24
3
26% Jan 24
18
July
53
Aug 21
5
5 ¥4
Jan
12 ¥2
Apr
34 ¥4
Jan
63 ¥»
Dec
12
Feb
28 ¥4 July
Jan
15%
Sep
30
Jan
47
Sep
Jan
19 ¥4 July
20% Mar
5 ¥4
13
18% Mar 17
14% Aug
9
18% Mar 15
13 ¥2
Jan
par
par
25
Corp
Aviation
5
187/a July
Jan
12 Va
No
1
>—50
RR
Beech-Nut Packing Co
Belding-Hemingway
Bell Aircraft Corp.—
Bendix
Apr
Apr
4
21 ¥2 Apr 25
12
Jan
4
15
31% July 10
23 ¥u
Jan
May 22
35% Aug 2
108% Sep 20
24%
Jan
105 V»
Dec
25 ¥2 Feb
31
105 ¥2 Jun
7% Jun
8
Jan
11
31
20
.
111 ¥4 Jun
No par
...
24
10 ¥a Jan
12
1
3
10% Apr 25
8
33¥2 Jan
13
11% Jan
3
35% July 11
117
Feb
Dec
10
14%
3
Jun
20 ¥2
6
3
Jan
Jan
3% Jan
9% Jan
60
10%
5
14% Sep
—No
Creamery
Beech
Aug 17
10'/4 July
1
Corp
preferred
Beech
24
5
Co
Works
par
—50
3
-
.10
No
24
9¥4Jan
...50
100
Apr
5% Jan
100
„
preferred
Asphalt Corp;
Barnsdall
18
^.100
Barker;Brothers-.
•
108%
33 ¥2
43%
29%
¥2
10%
11%.
1311.
34
34%
43 ¥2
page
30
108%
—13
t C
Aroostook
5%
100;
;
10%
12%
see
33%
preferred
Conv
v
Ohio.
Barber
17 ¥4
*33%
12'%
footnotes
*29
*108
:■
&
Bangor &
•V, 2,166
10%
43%
For
¥4
A.%
400
15 ¥2
34 ¥2
*11 ¥4
*11%
500
17%
29%
9%
360
,
*17
16
*33
24
17 ¥4
29%
10%
*23%
*16 ¥2
16
33%
62
5,000.
10%
61%
17 ¥4
29%
10'%
10 ¥4
62
24 ¥a
i.
y
10 ¥2
62
24
♦17
16
*32 ¥*
10 ¥2
62 ¥4
24%
17%
29
*116 ¥2
10 ¥a
•v
15
13
July 6
15% Jan 11
46¥2Sep
1
x29
May
33% July
xllO
Sep
7 ¥4
NOV
14%
25%
Jan
33 ¥2 July
93
Jan
•
9¥a
9¥s
33
Dec
114
Sep
Aug
11% July
Nov
20% Mar
Nov
39%
Apr
1303
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
160
Volume
Range for Prevloa*
STOCKS
*54
*38
38%
54
38
*38
17%
17%
17%
17%
60%
60%
60%
60%
120
48%
48
21%
9%
9%
18%
15%
*91%
93
49
91
*91
93
53
*52
53%
>112
33
32%
33%
32%.
39%
39*
39%
38%
39%
39% 139%
'
;
4%
4%
4%
♦4%
43%
43%
43%
43%
20
50%
*10%
50%
50%
*50
10%
11
11%
40
40
40%
40%
40%
48
48
48%
48%
♦48
20%
20%
20%
20%
20%
*41%
42%
*41%
42%
*41%
42%
*41%
22
21%
21%
21%
21%
*21%
22
11%
10%
*9%
*17%
9%
9%
19%
19%
*31%
32
'108%
110
17
48
11%
11%
31
31%
*3
3%
11
11%
31%
31%
*31
3%
3
*80%
23
23%
23%
23%
23%
23%
23%
*23%
27%
27%
/27%
27%
27%
27%
27%
27%
27%
-5 1
1
1
6%
*55%
56
*55%
6%
*1
1
1%
V
19%
19%
19%
29%
29%
30
30%
20
19%
30%
9%
9%
*48%
49%
*8%
8%
*8%
9%
9%
10%
49%
*48%
49%
9%
111% 112%
30%
*144
102-
*120%
122%
13%
18%
21%
*121
140
•
600
5%
47%
48
34%
49%
101%
101%
123%
123
123
122%
122%
13%
13%
14
14%
14%
14
14
18%
18%
18%
18%
18%
18%
18%
260
18%
21%
21%
21%
21%
21%
700 *■
21%
X114
114
9
9
9
9
4%
4%
4%
114%
21%
21%
25%
25%
25%
21%
4%
4%
*113
114
JVb
25%
25%
25%
9
114
9
25%
25%
25%
*11%
11%
11%
11%
*11%
11%
*11%
11%
*11%
11%
100
32 %
32%
32%
32%
32%
32%
32%
32%
32%
4.400
32%
6%
6%
6%
3,900
105%
105 %
104 'A
6%
6%
,.
105%
27
*111%
26%
111%
111%
6%
6%
6'/a
6%
6'/a
6%
105%
105%
105%
106%
106%
107%
19
19
19
*18%
27%
28%
28%
29
*28 %
111% 111%
*111%
111%
*111%
111%
111%
*18%
111%
41%
.;•.-••• •'
Chain Belt Co_
Champion Pap &
1.900
42
*39%
42
41
41
*41
41%
*41
12%
12%
*12%
12%
*12%
12%
800
\12%
12%
12%
13
12%
13
45%
45%
45%
45%
45%
45%
45%
43 %
8.000
45%
45%
45%
6
15%
6%
*6%
6%
6%
6%
6%
15%
15%
15%
15%
15%
15%
5%
5%
5%
5%
5%
*6
6%
15%
15%
*5
■
5%
5%
20%
20%
*20%
22%
23%
23%
23%
44%
44%
44
44%
17%
*17%
*17%
17%
*17%
*18%
19
*18%
18%
*45%
46%
45%
45%
*54
54%
21
21%
20%
24%
23%
24
23
24%
23%
23%
7.700
45
44%
44%
44
45
44
44%
10.400
17%
17%
17%
17%
17%
17%
17%
300
18%
18%
*18'A
18%
900
46
46
*44%
46
23%
44%
Xl8%
19%
18%
18%
*
44 %
46'A
*45%
47%
*53%
54%
*53%
54%
*53%
54%
16
*15%
15%
15%
16
*15%
16
*15%
15%
15%
15%
2%
':■% 2%
15%
15%
15%
15%
2%
2%
2%
2%
*2%
*25 %
27'%
*25 %
27%
*25%
90%
89%
89%
21%
21%
21%
22
69%
69%
68
68
*25%
90
*9
27
9%
'
44
44
43%
*155
185
88
*42
*106%
114
44
109
43%
9%
43%
*113%
*106%
114
115
*114%
*42
44
*42%
*33
34%
35%
*112%
28%
108
35%
114
43%
114
*53
28%
42%
9%
88
*53
63
9%
*85
57
*107%
9%
88
*53
63
9%
*85
56
135%
*69%
88
*94
*148%
70
70
9%
*85
96
*135
*69%
69%
185
*94
36%
2.000
*155
96
152
21%
69%
33%
33%
36'A
36
*148%
135%
152
135%
63
62%
28
28
*107%
108
35%
35%
*112%
114
33%
36'A
109
96
56
*106%
*94
*53
109
96*
56
*94
*53
109
1,000
800
43% "43%
185
*155
88
*85
43
*106%
115
30
43
*114%
100
109
96
*94
',96
56
*53
.#
56
33%
33%
33%
33
33%
1.600
33%
36'/a
35%
36%
35%
36
2,800
36%
36%
152
♦149%
153
136
136
135%
136
28
*106%
9%
340
1
9%
34
*149
*62%
*114% 115
43%
*42%
70
62 %
28%
62
28
*107%
108
*107%
35%
36
36%
*112%
114
♦112 V8
62%
28%
108
37%
114
*148%
136
62%
28%
*107%
152
136%
136%
62%
61%
28%
108
37%
37%
112%
112%
28%
37
1,200
136%
310
62
2,100
28%
108
108
v
*112%
10
37
1,100
20
114
17%
17%
17%
17
17
17%
17
17%
17%
18
17%
*16%
18%
18%
18%
18%
18%
17%
18%
17%
17%
150
17%
31%
31%
1,400
-18
*17%
19
18%
17
*15%
17%
16
16%
*31%
31%
31%
31%
31%
31%
*31%
32
17%
For
footnotes
*31%
see
32
page
1311.
*31%
32
31%
*31%
*18
31%
*31%
31%
32'
*31
31%
*31
31%
—'
.
360
100
5
Equipment
No par
C. C. C. & St. Louis Ry. Co
100
5% preferred
7
100
Clev El Ilium $4.50 pfd
No. par
Clev Graph Bronze Co (The)
1
5% preferred
:
100
Clev & Pitts RR Co 7% gtd
50
Special gtd 4% stock
50
;?■
i:
■ t ".u':
'
Climax Molybdenum
!—No par
Cluett Peabody & CO—No par
Clark
Coca-Cola
Class
Co
(The)
Collins & Alkman
5%
100
No par
No par
A
Colgate-Palmollve-Peet
$4.25 preferred
conv
preferred
& Iron Corp
Colorado \fe
17%
17
*16
City
City Stores
No par
—No par *
No par
^.100'
No par
Southern
7
100
1st preferred—100
4% non-cum 2nd preferred—100
Columbia Br'd Sys Inc cl A
2.50
-Clajw B
——2 50
4 fe
non-cum
.
44
July
37%
Jan
44
% May
Apr
Jun
9%
Jan
18%
29%
Jan
42% July
13
Jan
Jun
6%
Jan
20% July
10% May
104%
Jan
118% July
.3
9% May
"Jan
43
-Nov
16%
Nov
54 % Aug
10%
A
Apr
18% July
14'A Jan
16
Nov
v '
29'A
Apr
24%s Jan
35% July
20%
Jan
31 %
May
109%
Oct
9'A1 Jan
15%
JUn
105
2% Jan
<
4
Jun
6% May
"Jan
75
May
21%
Jan
49
Oct
5'A
Jan
10% July
20%
Jan
29% Nov
41
7
2% Jan
;
.
5%
•:<
Apr
9%
Jan
18% July
65%
Nov
83 %
Apr
Jan
25 %
May
16
7
I
30% July
Jan
22%
Mar
56
52%- Jun
1% Mar
%
Jan
6%
Dec
-9%
*13% Nov
19%
13%
Jan
27%
29%
Jan
38
6%
Feb
11% May
v
28
6
5
19
,
:,t
"
36%
Apr
Apr
Dec
Mar
47% July
Jan
4%
Jan
6
9%
Apr
Dec
147
Jan
40
Dec
54% July
Nov
26%
24
40% Jan
Apr
39%
Dec
32%
127%
July 10
5%
Jan
3%
Dec
31% May
25% Jan
>
Mar 16
Jan
40%
..
96%-Feb
123% Sep 11
15% Jun 27
19% July
23
Jun
I
a
14% Apr
16%
5
Jan
Nov
21
July 11
5
'
16% Jan
15
97%'- Jan
114 i Sep
120% Sep
8%
1%
4% July
.
July
23%
Jun
3% Mar
Jan
111
Aug
Jan
18% Jun
13
Jan
25
11% Sep
.
8
3
Jan
37% Jan
,4
X33
Jan
Jun
27
3
15 •> Mar 20
3
27% Jun 23
9
:
i-
.
v
Dec
8% Nov
41
Apr
Jan
7%
72%
Oct
16% Nov
19%
Apr
Jun
•
20% July 20
30
July 5
18
Jan
24
99%
Jan
109
Deo
8% Jan
114% July 13
34
July
50
July
46% July 10
.
*
32% Jan
July 18
110
13% Aug 23
Jan"
July
6
33%
9% Mar 25
2%
Jan
9 Vb May
18% Mar 25
7%
Jan
<17 Va May
7% Mar 22
2%
Jan
25% Mar 22
10%
Jan
Mar
48
/
3
4
7% May
21%
Jun
Jan
16%
Dec
Jan
22
29% July 12
25
14
24
3
7
6 *
4
65% July 13
-
30% May 3
34% Apr 20
Feb 18
Feb 26:
59% July 17
145
111
23% Jan 6
103% Mar 2
25% Apr 25
109% Feb 29 ~
14% Apr 19
11% Jan
12% Jan
13
Jan
26% Jan
3
4
4*
4
25% Jan
4
6
18% Jun 27
12
47% Sep 12
7
15%
21% July
36% Nov
Apr
41% May
May
48
Dec
54
19% July 10
11%
Jan
15% Apr
23
8
30
July 5
98% Jun 19
13%
Jan
24%
Jan
32%
67%
Jan
85% July
3
10%
Jan
15% Aug
27
Feb
63 %
Dec
8%
Jun
54% Sep
t
22
17% Jun
25% July
7
77% Aug 16
4
32% Nov
10% Aug
Jun 22
185
45% Jun
;
96
38% Mar
67% Jun
29% Jun
108% Jun
Jan
;42%
Dec
108%
Dec
92%
Sep
54
Sep
Feb
••«.;'! so¬
i5
,1
,1
m
.
.V
-
33 Vs Nov
88
J
Dec
16%
Jan
xl03%
Dec
17%
Jan
i
;1
Jan
.Jan
61
<
" 7
Sep
•
Jun
116% Aug
Jan
July 12 yt 33%
May
j 142
152 A July 11
146% July 11
38
Dec
Jan
Jan J2 <101%
Jan
Aug 1L •i.'h 84 v
;
114
74%
Feb
ar
39 JA
145
28%
3
19
<
53% July 22
•
39% July
Jan
115% Jan
109
Apr
.67
109%
5
Jun
90
Mar
123
Jun
3% May
2% Jan
47% July 26
*
18
Dec
1
3% May
7
*'
30%
Jan
V May 13
54
Jun 16:
•
12%
Jan
151
52% Mar 22
•'
8% Nov
20%
33
7
5% July 10
L(
4
4
•
Nov
97%
3
92
Nov
45
Jan
14% Jan 5
56% Mar 28
6% Jan 12
35% Feb. 17
148 Jan 7
76 -' Jan 3 ;
111 Apr 21
37% Apr 20
106 Mar 27
No par
Fuel
Investing Co_
City Ice &
Dec
14%
Jan
102% Aug 2D
Jan
77% Feb
3
Corp
1,270
17
17%
17%
17%
*17
17%
16%
18%
23
Copper Co
Chrysler
38%
Nov
20
X85
14% May 4
1% Jan 3
24 May 29
10
Jan
11 %
112% July ?0
32
Sep
1
3 t.
4% Jan
50
18 Jan
par
21% Apr
100
43% Sep5
15% Feb
par
16% Jan
par
38% Jan
par
47 Jan
par 7 13
Jan
No par
Colo Fuel
16%
,18
div—No
No
Co
fChilds
1,000
16%
18 %
($2.50) cum
pf
Preferred
152
*149
Pr
Chicago Yellow Cab—
Chickasha Cotton Oil
Chile
28
21%
185
*106%
1.800
2%
2%
22
22
*155
109
600
X21%
22
43%
15%
»
7,300
22
115
*15%
91%
185
43%
*43
300
91
91%
45
50 '
15%
*26
92
*43%
200''
54%
15%
27%
90%
44
2%
.
'
54%
.
91%
*26
91
*155
*94
36%
2%
15%
88
*85
*113%
69
3
27%
*15%
185
*155
*85
*21%
9%
9%
90
15%
'
Northwest'n w i__No
5% preferred wi
;
Chicago Mail Order Co
Chicago Pneumat Tool
No
$3 coriv preferred
I No
28 %
Apr
46% July
Apr 24
Jun 9
Jan 2
Jan 3
50
RR Co
Chicago &
21%
54%
15%
Chicago Great West
5% preferred—
2.300
21%
21
*54
,*15%
.
40
:
A
1.400
5%
5
Class
2.600
16
15%
5%
July
6%
Jan
11' Feb 18
44 Apr, 19
5% Sep 14
11% Jan 3
23
pat1'
39
Jan
40
17% Apr 13
.-5';
No
Jan
2%
July
;
t
108
Jan
27% Jan
23
Oct
26%
*
10
•
100
5
Chesapeake Corp of Va—
Chesapeake & Ohio Ry
Chic & East 111 RR Co
1.900
6%
*6
0%
16
20%
20%
21
5
42
.
——No par
No par
preferred
Checker Cab Mfg
110 '
45%
*39%
Fib Co
-V
1
-100
6%
1.200
43
No pat
Products
prior preferred
6 "lo
300
28%
19
Certaln-teed
460
19
27%
27%
26%
111%
•
105
*18'A
19
*18%
19
19
*26%
6%
•
30
51% July 14
8% Apr. 22
20% Apr. 19
7% Jan 15
30% Feb 15
4% Apr 19
57 May 1
•*> ■:'}* ■' • iV.
No par
Jan
39
*100
Century Ribbon Mills:
Cerro de Pasco Copper
Dec
22%
,
50% July 27
19 'A Apr 20
,
July
35
12% July 12
2% Jan, 13
7; 107- Jan 31
tCent RR of New Jersey
Central Violeta Sugar Co,
1.200
*24%
6-
Jan
51
Jan
8
Jun
42
Foundry Co—1
Central 111 Lt 4%% preferred—100
COO
5
31%
96%
113'
11
17 3
No, par
Central
20
9
-
20
—
Central Aguirre Assoc-
2.600
*113
114
*8%
4%
4'A
4%
4%
114
9%
preferred
5%
/
Jan
17
>
44% Jan 12
No par
No par
100
No par
*
Corp..-,
Celotex
1.400 f
11%
32
$4.75 1st
50
123
*122
of Amer
preferred
7% 2d preferred:
Celanese Corp
'
600
102
32%
*11%
Caterpillar Tractor
38%
'
5
31% Sep
Jan 4
Apr 19
4
33
96 % July
21% July 10
143% July 12 7
100
No par
21% Mar
56% May
Nov
♦
7 % July
4
Jan
27% Jun
—1
—25
Co_
I)
(J
Preferred
2.400
*101%
101%
Case
1.600
35%
35
.101%
-
•■••■.-
97
Jun
July
85
.
1% Jun
43'A Jan 4
j
19
100
Jan
11% Nov
;
56% Mar
3
8
7
-,v
19% July
Jan
"Jan
'
8% Jar^ 3
42% Apr 4 >:
7 6% Feb 19
-5-
Carpenter Steel Co—-—«
Carriers & General Corp
600
:K'-.
*48%
48%
35
<
300
•:
v
36%
146
25%
*24%
*105
'
31
18%
*4
9
*8%
112
34%
47%
34%
r:;
20:
50
*5
146
class A—1
$3 preferred A
—
10
Carolina Clinch & Ohio Ry—r100
Administration
15% Jan.
23% Feb
33% Jan
Jun
41% Jan
-
3
21
25
30% July
11%
9%
25 '.Sep ;1
,
24% Jaiv 3
53% Feb 24
% Jan 4
6 . May 9
,
-No par
Cannon : Mills-*——
Capital
200;
8%
36%
*144
36%
14.100 !
49
112
5%
*5
36%
•'
13%
♦113
4%
115
.
5,700
13%.
*21%
*4
35%
102
*18%
21%
47%
35
*101%
*13%
18%
47%
■
*144
146
*144
146
122%
*120%
13%
*113%
5%
36%
1.200 ;
10*
,
.30%
31
31
;
Packing——No /par
preferred
—50
Callahan Zinc-Lead
—1 . 7;
Calumet & Hecla Cons Copper——3
Campbell W & C Fdy
No par
Canada Dry Ginger Ale
5
Canada Southern Ry Co
-100 A;
Canadian Pacific Ry
—25 ;
v
Apr. 18
20:
—No-par
Co
*5%
5.200
•
31%
*48%
112
*5
102
101%
*101%
111%
31%
*36
34%
34%
112
*31
5%
47%
*47
34%
;
.9%
6%
Participating preferred'
California
100 '
700
:
(A M)_
Byron Jackson
41
<
.10
•
1.200
r
19%
1 *8%
<
50
36%
36
146
*144
47%
31 Vb
31%
36
*35%
111%
111%
*4%
5
5
146
34%
31%
*30%
1
5
36 Vb
111%
.
30%
r
j
56
: *48%
49
*48%
27%
:
19%
'■
10%
,
23%
4
110
preferred
& Zinc
Copper
Byers Co
12% Jan 3
i
4
Jan 3
.1 54
Jan 6
43'A Apr 25
—10.
8% Jan- 4
—30 V: 28
Feb- 8
-—5
- 2% Apr 25
No par
12% Apr 18
ul00
67'A Jan- 3
—:
;
conv
Butte
600
1%
*40
50
*49
50
i
31%
*8%
*8%
8%
8%
*49
50
49%
50
,
i
41
*48%
8%
112
10
9%
*48%
9%
49%
41%
*40%
41%
*40%
41%
9%
*48%
41%
"40
81
6%
6%
30%
*39'
31%
307/8
31%
-
*1
20
20
20
20
'
900
2.000
55%
1.
■
6%
6%
6%
6%
6%
6%
6%
1
l-.y:.:
1
55%
55%
56
*55%
56
19%
47%
80%
13%
80%
23
56
*142
13%
31
13%
80%
27%
5
13%
13%
80%
27%
5%
500
137/8
-
Brbs
Butler
3%
31
*30%
3%
13%
23
30%
2.200 ;
80%
23
*35%
11%
:
13%
*80%
*49
47%
11%
31
3j/4
:
180
13%
13%
80%
*111%
11%
:
■
'47%
47%
30%
3%
1
1.200
;
..<■
preferred—.
Burroughs Adding Mach.1—No. par
Bush
Terminal;
.
1
6% preferred
j.
100
Bush Term Bldg 7% preferred—100
67
"
•
11
31%
3%
*64
.
47%
11%
3%
67
—
5%
100
6,400 '
,
5%
.5%
5%
5%
82
13%
80%
*40%
■
47% ; 47%
11%
.
14%
14%
14 %
:
3
7'A Apr, 19
Dec
19% Mar
Jan
76
12% July 8
71% July 8
11% Jun 29
: 20% July 13
20% Feb 24
< 41% July 17
33
July 12
110% Mar ;9
15% Jun 30
• 6% July; 5
72 ' Jun 27
1 52% Mar <6
■ 12% July 12
<31% Sep 19
3% July . 8
16% July 10
86% July 10
4
5% Jan
47 "A Jan
j
17
Jan 4
—_No- par 4; 16% Sep; 19
—No par t 31
May 12
1 A 27% Jan 25
100 :t 107
Apr; 17
Burlington Mills Corp*
1,700-
.
«
110
7% July
44 ' . Sep
21% Aug
<52% Aug
40
Jan
13%
t
Apr
121% July
Jan
6%
v
Jun
69%
Nov
16
July 5
Aug 28
Sep 13
Sep
Nov
July
.
J 7
Jan
27% Jan
44% Aug 14
23 July 3
P "ll%Sep 8
l21%Aug31
39% Jan 16
17% Jan 4
8% Jan 3
v 116
Jan 6
.
l—1
Co_—
Watch
Bulova
v
32%
32%
110
'
110 "
*63
'
31%
*3
13%
*55%
67
*11%
11%
*31
38%
.
5
i.100
-—No par
i
No par
No par
Bullard Co
2,500 !
;
17%
;
*37
Forge
Buffalo
.
4
5%
5%
48
'
*16%
32%
14%
14%
*63
*47%
107%
110
14%
5%
67
32%
32%
*108%
14%
*63
600
Wheel—
Budd
2,100 1
9%
20%
'
32%
47 y4
47%
9%
20%
38%
'
'
•
17%
*37
•
*47
.
¥
•
17%
67%
*63
67
-
720
67
66%
.
;
9%
38%
5%
5%
5%
5%
5%
'
20%
17
14%
14%
14%
14%/
14%
*63
9%
*37
110
*108%
110
*108%
10
9,000
10%
;
8%
54
Feb' 1
14
Jan 4
12% July 5
Jam 28
< 44% Aug 23
Jan- 14
50 July 7
Jan 4 * 50% Jun 21
14% Jan 13
22% July'1
■
No par
No par
*
Bruns-Balke-Collender
Bucyrus-Erie Co
«
7% preferred
Budd (E G) Mfg
$5 preferred k
;
2,800
121
10%
v"
67'
20%
9%
20
20
32
32
32
•
66%
16%
*38
40
*37%
Brown Shoe Co
4,900 •'
..
.—No-par
38
110'A
Aug 30
July 5
-
40%
8%
27
39
40%
'■
57
»
.15% Feb 29
5
3% Jan. 3
37% Jan 7 '
12% Jan. 3 /
i.100
5
12.50
L.-15
-L__5
Co——
Brooklyn Union Gas.
'
:
10%
*120%
;
■■V;
'
22
10%
10% •
•
38%
1.6%
17%
16%
40
Bristol-Myers
Briggs
3,300
•42%
*41%
121
120
10%
9%
9%
19%
17%
*38
400
'
21
:.'2i%
.;?.
■
11%.;,
10%
67%
66%
67%
9%
i
19%
100
5
No par
—No par
No par
Bridgeport Brass Co
•
*19%
9%
*19%
50
20%
42%
.'22
22
10%
10%
10%
67%
*41%
121
*120
120
10%
66%
66%
66 %
66%
11
10%
10%
10%
120
121
*120
121%
10%
11 W
10%
11
10%
>130
*4.9
v
f.
Manufacturing
Briggs & Stratton
46«/4
21%
21
11%
*45
Roller Bearing Co—
Brewing Corp. of America
,100
3,200
5,500
40%
39%
50
*48
50
21%
20%
Bower
*
45%
45%
42 %
*21
*45
46%
*44%
46%
11%
39%
x39 %
45%
46%
47%
*20
47%
50%
11
_
Braniff Airways Inc
8,900
,
-
*45
*44%
50%
y\
11%
11%
11%
39%
40
10%
20%
500
44%
19%
50%
*50
50%
*50
10%
'■:* *43%
20%
19%
20%
20 %
20%
19%
20%
11
700
'
.
44
44
(The)
Borg-Warner Gorp__j.
•
Boston & Maine RR (assented)
1,800
:5%
*5
5%
*4%
5%
43%
*50
20
*50
•••39%
32%
39%
Co
Borden
'4.400
33
33
39%
:
L-No par
I
_100
—lt>
17%
Feb
22% Jan
Jan 26
52% Jun 27
88% Apr 18 - 95
Feb :4
46% Jan- 4 . - 55
Aug 21
33% Jan.26 . 48
Sep 21
109% May 8
116% July 1:9
28% Jan 3 : 34
Jun 17
34% Jan' 3
41% July 17
1
—<
13% Mar
54%
50% Sep 5
25%
11%
20%
18%
107%
Highest
J per share
S per share
45
No par
i—
Inc—
preferred
4%%
1,100
A 12% Jun
L3
,__5
Co class A__
Class B
Bond Storfcs
4,800
,
116% '
116%
u
70
54%:;
47%
47%
116
114%
4%
43%
19%
114
114
*53
Bon' Ami
40
94 v
*92
48
47%
45%
45%
43%
5
4%
400
2
37% Feb 24
16% Jan 3
7% Jam 3
16
Jan 4
14% Mar 14
93% Mar 4
5
No par
100
Boeing Airplane- Co__.._.
Bohn Aluminum & Brass—
17,800
32%
39%
39%
39%
*41
15
48
54%
—;
Blumenthal & Co preferred
\'
14%
33%
32%
32%
Bloomingdale Brothers
48
93
92%
Co
Bliss & Laughlin Inc
.
114
113
114L
*112
114
32%
■
*53-
54%
54
45%
44%
44%
-
'
115% Feb
No par
No par
Blaw-Knox
14%
*47%
49
108%
20'A July 15
66% July 11
126'A July 10
No par
140
•
(
100
200
.
v
18%
481/4
14%
48%
14%
,19%
18%
*105
108%
.
*48
52%
44
,.♦105
108%
*107%
15%
91
43%
18
17%
18%
108%
•'
f
No par
Blgeiow-Sanf Carp Inc
3,200
•:::
:
*19
19
18%
18
20'A Sep 6
<56% Jan 24
40% Jun 20
15% Jan 20
56% Jan. 4
—No par
(Del)
Steel
Black & Decker Mfg Co
600
•
•10
9%
"
xl9
19%
•21%
Co
preferred;
7%
200
49%
21%
17
Jan 4
53% Apr. 21
33% Jan 28
'38-No par
pfd $2.50 div series
Pr
1,500
49%
'
10
9%
10
9%
*18%
V
118
118
120
*118
21%
*48
43%
61%
120
49%
49
52%
Foods
Bethlehem
49%
; 93
*91
*50%
Best
5,600
*21%
49
*47%
5,100
14%
15
14%
14%
&
17%
61%
21%
19%
♦105
■
1,200
17%
61:
10
*18
108 %
*18
39%
18%
61%
'
49%
*18%
>105
39
17%
61
49%
9%
18%
18%
38%
18%
21%
;
18%
108 %
18%
38%
Best
38%
17%
49
21
9%
*105
300
21%
49
18%
*9%
*18
54%
*118
118
118
48%
21%
21%
*21
*53
61%
61%
60%
120
>117%
48
*117%
;
17%
17%
;
54%
No par
Loan
Indus
Beneficial
1,200
■20
19%
20
*53%
38%
55%
38%
55
38
$ per share
$ per share
Far
*19%
Year 1943
Lowest
' Highest
S per share
Lowest
♦
•
Shares
55%
20
*54
54
55
$ per shara
EXCHANGE
the Week
20
20%
20
20
20
19%
Sept. 22
Sept. 21
.
$ per snare
$ per share
S per sMare
$ per share
*19%
Sept. 20
Range since January 1
STOCK
YORK
NEW
Sales for
Friday
Thursday
Wednesday
Sept. 19
Sept. 18
Sept. 16
SALE PRICES
Tuesday
Monday
Saturday
HIGH
AND
LOW
11
Jan
108
<
48 % Mar
*40
July
153
Sep
123
July
-68%
25
Oct
Dec
109% July
28% July
114%
Oct
19% July
19
20% July 10
13%
Nov
23% May 27
2%
Jan
3%
Jan
3
Jan
17%
Sep
Jan
26%
Dec
15% Jan
26%
Deo
24% May 27
23-
May 26
33% Jun
28
32% July 10
-
-
.
-
15%
19%
Sep
Sep
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW
Sept. 10
4%
84%
77%
77%
84%
84%
84%
84%
4%
84%
4%
84%
*77
79
*77
78
86
86
86
*85
86
86
86
19%
18%
18%
*18
18%
44%
41%
*42%
44
41
>106
,,f*
.
44%
15%
15%
>> 15%
'
45'/a
45%
46
15%
15%
15%
12
15%
1
12
11
1
27%
1
84%
27%.
84%
84%
28
27%
18
,18
28
18
18
.7*17%
18
*17
*18%
*42Va
41 Va
27%
15%
15%
jg
1
85
18
*17
25
25 Va
25 V4
25%
25%
25%
25%
25%
25%
25%
26%
26%
*25%
26%
*25V2
26%
97
*95
97
96
96
96%
96%
*95%
96 V4
3%
>95%
3%
24 Va
23%
107%
107%
107%
4%
*4%
22 Va
*21%
4%
22
>>
31
11
31%
4%
21%
22
*11
21%
11%
31%
> 14%
15%
15
15%
15Va
24%
24%
24%
24%
24%
12
12
13
*12%
,
12%
7
12%
>14%
15%
*14%
15%
*48%
49%
*48%
49%
109%
109 %
109%
25%
25%
25%
25%
25%
8Va
8%
8,%
8%
8% > 8%
7
.
*110
*110
114
39'%:
11
45 Va
114
38%
39%
*10%
*10%
45
45%
15
15
109
110
*110,,
39
11
11
45
45
109%
108%
109
108%
25%
25%
26
8%
8Vt
45
45%
45%
45% '
*27%
28
>
27
>v
14%
27%
14%
41
41
41
*11%
11%
48
20
20
19%
*50
51
*50%
57%
57%
57%
7'A
7%
45%
7%
27%
27%
27'/a
28
27%
28 %
14%
15%
15'A
41
41
41%
11%
11%
11%
48
48
20'/a
19%
20%
51
*50%
57%
57%
58
6%
6%
58%
178%
.6%
3%
3%
*6Vo
6%
3%
3%
<
*6
3%
51%
:
51
24% ;V>.
107%
.
24%
24%
h
:i8%
*101%
'
25%
25%
107%
107%
.25%
25%
,21%
•
22
25%.
25
107%
f V:
25
25
25
21%
21%
21%
37
37
37
37 Va
*47%
49
47%
47%
*47%
48
*47%
18%
18%
18%
18%
18%
19
18%
*101%
> *32%
102%
101%
33%
79 V4 >/'
f 15 Va
78%
*21%
>
15 Va
143
>107
*142
25V4
10%
10
130
130
54%
>.?•■'
-
9%
127
23%
23%
79%
23 »
15
-
28%
*27%
10
10 Va
17
17%
*118
.
24
>■<>
5%
>
127
-*24 Vt
24%
27%
*107
10%
*126
55%
5%
5%
17%
Crane
17%
•118
10 Va
17%
A
i
:
><
-
5%
16%
127
10
Feb
4%
Trust
47
Co
Refining
Jan
16
Jan
23%
Jun
x4%
Jan
11%
Jun
Mar 10
96
Jan
7
47% Aug 25
107
Oct
110%
Sep
Jan
36%
Jun
Jan
26%
27
Dec
47%
,15%
Jun
49 Va
Sep
403A
Jan
8% Jun
29
4%
Jan
7'A May
33 % Jan
4
22
25 %
Jan
18%
Jan
37% July
27% July
X9%
Jan
15
Apr
45
Jan
53
Aug
13%
Dec
17% Aug
Jun
22
13% July
52
3
10
28
5
July 31
25% July 12
51% Sep 21
60 Va Aug
173% Apr 29
7
5
Jan
3
"l%Jan
Dec
89
13% Mar 16
Mar 20
52Va Apr
Aug
18%
30
43% Jun
16
44% Jan
—20
25
—_—100
16
*
Jan
112% Aug 31
5
10
15% Jan
Jan
10
May 24
>10% Jan
Jan
7
333A
27 Va Aug .22
15
41% Jun
Corp—-1
37
5
Jan
53%
18
Jan
61 Va
Dec
1863A
173
184% July 10
7% July
6
6
47
Apr
May
Sep
•2%
Jan
6
» 11
Aug 18
Jan
2% May
10%
"
50
54% >
5%
4,400
24
18%
May
9
97% Jan
20
par
,..—100
10
Sugar
100
30
—.5
-
100
.No
(The)—
\
par
28
Jan
4
20% Jan
10
Jan
22% Jan
22% Jan
par
97
par
41
100
pfd
Cutler-Hammer Inc
.No
par
Oct
Jan
99% Aug
Dec
38
July
82% July
Jan
Jan
14%
Jun
Feb
115%
Dec
25%
OU
10%
Jan
1
18
Jan
100
Jan
22% Aug
1%
26% Jun
> Oct
1
107
Jan
7% May
>116
July 11
30%
Jan
Sep
1
17
Jan
6V4 Jan
7
5%
Dec
17% July 12
125
Sep
6
14%
Nov
96
Feb
119%
Nov
15%
Jan
26%
Jun
140
56
6
9
114% May 20
21 Va Apr
Oct
Oct
17
Nov
2
Aug
31
47
Jan
7%
105
11 % Aug 31
Apr 25.
Apr 24
14% Jun
A
108
23% July
•
9%
15
29 V4 Sep
4
4% Jun
27 y4
5
12
29% Mar
4
Jan
Sep
143
5% Aug 25
No
1
17% July
18
101
81%
X66
28% Mar 10
25
Jan
11%
36% July 10
81% July 5
3
11% Feb
112
9
10?
103V4 Aug
4
Jan
.No
Cushman's Sons Inc 7%
10
16% Jan
69
Inc
108% Aug
23% Mar
Jan
15% Feb
22% July
>
Jan
37%
.No par
preferred
Class
1,300
24%
AUg 21
49% Aug 29
19% Aug 17
Curtiss-Wrlght
26.200
16%
39
3
$7 preferred
Prior
2.200
.
23% July 12
1
Jan
preferred
Curtis Pub Co
13.800
3
27% Feb
45
Packing Co
4%%
Jan
par
No
Amer
>
Jan
Jan
16%
par
5
preferred
Press
Cuneo
10
14%
95
28
25% July 11
par
preferred
Cudahy
100
126
,
7%
27% Jun
110% July 21'
3
No
_
Cuban-American
Jan"
No
.
Corp
preferred
Cuba RR 6%
20
.No
preferred
5%
20
7
20
Zelierbach
$5 conv
130
18% Feb
104 % Jan
(The)
Crucible Steel of
4,200
28%
:
(The) ———2
preferred
Crown
300
25
—100
——
preferred
Cork & Seal
$2.25
127
*118
24 y4
.24
110 Va Aug
32% Feb
5
1
conv
Crown
1.100
*9%
,
Bank
Crosley Corp
360
108
:>> 54%
.
1.600
v
24%
■> >. ;9%
>126
5%
5
105% May
$2.50
Electric
Co
5%
2.300
15%
*27%
55
*118
24%
18%
22 Va'
*107
167/a
•
127
24%
27%,"
5
7% Jan 27
1
Cream of Wheat Corp
800
149
24%
,
21
20
5
Inc
Coty
200
79
22
24%
1.300
■
33%
*140%
.*
10
17% Feb
49'A Sep
102% Jan
,Coty Internat Corp——1
170
102%
> >15%
15%
5%
-
,
*78 ;
22%
16% Mar
4
30% Aug 18
19 % July
5
Products
600 '
.48
33%
>
127%
55
:: 37
37
102%
:
8
15
Jan
46
Exch
6.200
25%
108%
18%
79
Aug
14% Jun
Oct
•,
25
*47%
108
S%
-
128
>•
>>'
48
ISO>
24%
28%
55
5%
15%
108
128
56
17%
127
10%
130
5%
23%
,
*22 Ve
*142
24%
108
*55
.*78%
15%
*27%
*128
55
*118
28%
a
150
24%
108
10
-
15 Va
*142
25%
*107
102%
*21%
15 Va
150
25
L
17 %
>■
34
79%
*142
5%
>
33%
79%
21% '21%
>:■/
->129% 129%
17 Ml
*118
15 Va
150
55
102%
33%
'
108
5%
17%
23
*107 >
54%
5%
78%
25
28%
102%
33%
*78%
33
*24%
*27%
108
*102
37%
12
45
—
Preferred
100
25%
>>24%
21% .21%
■
100
38 V8 Feb 29
Corn
2,100
4% '
108
:
101%
33%
32%
15
24%
*27%
,
18%
21%
'-.22%
143
>•>
107%
27% Mar
—
'
*36
22
a;
25%
107 «/4
36%
102%
-
>78%
■
24%
107 >/4
;
•
'
4
Nov
12% Aug 12
Corn
Sep
17%
1
No par
120
8
24% Sep
-No par
620
19% May
Feb
3
32% Aug
prior preferred———No par
Copperweld Steel Co
5
Conv pref 5%
series
50
Cornell-Ducllier
3% May
Jan
2%
>
Jan
7%
22
13 % July 19
5% Jan
3
26% Sep 14
24% Apr 19
2,700
7
6%
*6
*24% > 25%
"21% :. 21%
x36%
36%
18% >>/.
>,32%
>!:
24%
;
21%
36
>47%
<•
24%
107%
49
>21
>•
24%
t'.> 107%
58%
V ',
,2fe
;■
*24%
*107
51
58%
>177% 178%
Va
Apr
July
18% Jan
$3
40
58%
27
6 3/4
24% July
105
21% Mar
20
Continental Steel Corp
Cooper-Bessemer Corp
1,000
Jan
29%
Motors
400
1,400
.
Jan
Nov
Insurance
•
2,800
178%
51%
Continental
41%
.
Deo
Nov
:
29%
11%
"3%
>
15%
91 %
5
22
9%
100
Inc
Can
Continental
330
Jun
Jun
24% Nov
24%
No par
Continental Oil of Del
15
11
25
f
2
Pow $4.50
Continental
1,800
Dec
27 > July
•
15% July 11
Continental Diamond Fibre
10,900
Jan
3
50
1,100
7%
1% May
82
12
.
25
3,500
45%
24
Jan
Jan
pfd
11 %
48%
58%
6 Va
3%
■7-—'
Sep
Jun
July
11% Jan
Continental Baking Co
8% preferred
2,400
20%
51
16
-.1
preferred
Consumers
3,300
*20%
58
Jan
32
July 10
6 Va Jun
25% Jun
3
pfd—No par
Container Corp of America
20
920
*48
50%
%
178%
$2.50
25
5
Consolidation Coal Co
—
48%
178% 178%
51
*6
f| 3%
177
9%
Jun
No par
39% >
11%
44%
July
13
107% Sep
13
7% Jan
—15
pfd
conv
Consol RR of Cuba 6%
500
21Va
20%
21
Jan
16% Jan
5
Consolidated Vultee Aircraft
41%
20%
Jan
16
4% July
21Va Feb 23
102% Jan 15
No par
Consolidated Natural Gas.
$1.25
3% Feb 17
7
Industries—.—2%
$2 partic preferred
Laundries Corp
Consol
7,000
11%
*48
48%
Consol FHm
600
28
42
11%
11%
*48
178%
>"
4
11%
*41%
1
05% Jun 23
No par
.
*27%
15
29%
15
15
15%
41%
$5 preferred
1,100
■
No par
preferred
;
—No par
Cousol Coppermines Corp—
5
Consol Edison of NX.~~No par
3,200
'114
7%
18% Jun
% Feb
$4,75
11,100
-
8V4.
27%
18
July 15
Jan
20
26
45%
7%
28
*28%
*28'A* 29%
15
*177
6%
*3%
/
7%
27%
48
11%
.*47
178%
."5%
i
7%
27%
41
*14%
*47
*177
7%
27%
7%
7%
27
50 Va
Jan
109%
"
7%'
26%
15
2%
1,400
39
40'% Feb
14 % Apr
17%
15Va
*10%
293/a
41
44
10% Jan
49%
*110
107%
12
>12%
15%
11%
Jan
16
3,400
39%
Jan
Jun
3,500
114
Jan
25%
'
Congoleum-Nalrn Inc
No par
Consolidated Cigar.
.—No par
28,000
39
30%
104Va
10
19% July 15
15%
*10%
6
19
29% Apr
98 Va Jun
24%
*110
July
43% Jun
106% Jan
28
31%
8V4
47
3
11
Feb
10
15%
8%
19 % July
27
24%
25%
Jan
9
23
*31%
»
98% July
8% Feb
21% Jan
15%
12
37% Jan
105
Jan
20% Jan
Conde Nast Pub Inc
500
24%
12%
10
100
Oct
79%
21%
300
*48%
11%
par
2,700
15%
39'A
23
Sep
73
28% Aug 31
24%
12%
114
22% Jun
No
16% Apr 24
39 Va Jan 25
77 Va
Jan
3
11%
49%
11%
par
Jun
Jan
37
9
24% Jan
22%
15%
38%
>
%
No
Pictures
5%
40%
Mar
Commonwealth Edison Co—.23
11%
*48%
*110
114
38%
11
15
Jan
85% Mar 14
80
36% Jan
22 Va
15%
109
93% Jun
1%
3.
lVa July 13
87% Mar 11
1,600
3%
8V4
109%
14
$ per share
7
3
'
24V2
49%
*48%
Feb
Highest
f per share
6
Jan
107% 107%
*4%
4%
25%
49%
38%
12%
12%
25%
15
*48%
-
84
5% Mar
79
11%
31%
31%
15%
24%
par
Co
No par
15
15%
No
Carbon
Commercial Solvents
22
*10%
31%
24%
.15
24%
3%
24%
.
24
24%
107% ,107 %
*4%
4%
107%
4%
22
11
31%
31%
:
3%
24%
107 %
4%
21%
11 Va
31
31
107%
>7,4%;
4%
11'/a
3%
24
24%
107%
22;
11
*10%
24
24
107%
3%
3%
3%
3%
3%
3%
23%
*
Feb
No par
96 V4
,
Jan
70
Apr 25
Commonwealth & Southern—No par
$6 preferred series—..No par
25%
*25
v
76
100
$2.75 preferred
Commercial Credit
4%% conv preferred
100
24%
25%
*95%
100
Comm'l Invest Trust
18
24%
25 Va
24%
4
4,500
27%
24%
■
$ per share
29,100
1,500
1
27%
Lowest
No par
5,100
'
Year 1943
Highest
$ per share
Par
2,700
;>84%> 85
277/a
*17%
45%
>
7
Columbia
—
45
7
15%
,
110
*106
46
15%
jg
84%
85
27%
84%
'
;
41%
*106
>
46
106%
45%
*83%
27%
42%
41%
41%
*106
106%
45
44 Va
1
44'/a
*42%
42%
41%
41;
*106
15%
44%
84%
42%
44%
41
106%
.
18%
42%
41%
106%
Range since January 1
Lowest
Columbian
400
3,400
*18
Range for Previous
STOCK
Columbia Gas & Elec
6% preterred series A
5% preferred
200
18
106%
>
10
500
18
YORK
EXCHANGE
19,000
1,900
4%
84%
79
18%
40% .,40%
NEW
Shares
*77
*18
"*17%
$ per share
79
86
27%.
84%
84%
share..."
for
the Week
*76
86
U
4'%
84%
Sales
Sept. 22
79
*85
84%
t per
4%
*4%
Friday
Sept. 21
*76
85%
44
Thursday
-
f per snare
4%
"84
>106
7»
per snare
r'4%
4%
STOCKS
Sept. 20
jr
per snare
4%
4V2
"8414
*
PRICES
Wednesday
Sept. 19
:/: Sept. 18
$ per snare
HIGH SALE
AND
Tuesday
Monday
Saturday
,
Monday, September 25, 19^4
27% July 17
28
Dec
45%
Sep
9 % Apr
i„
24 % Mar
.
D
<>♦ *9%
9%
*21
23
*21
*13% : 13%
*1113/4 113
*32 Va
30%
6%
*31%
32%
32%
100 Va
,
19%
47 %
*39%
40%
22
22%
63 Va
*123
64
*112 Va
126%
112%
373A
37%
'
-
*10%
11
*15,..-,
47 Va
39%
20%
7,400
31%
41
41
500
15'A
500
3,200
16
63%
32 Va
47;
47 Va
39%
22%
66%
65%
124 Va
112%
112
38
*111%
39
%;
12 Va
11
*15
>:
16%
16%
149%
149%
1493/4
150%
1253/4
*125V4
1253/4
125%
1X8
12
*166%
>190
.45%
*20%
118
12
.
11%
12%
373/4
373/4
16%
16%
163A
166%
166%
168
193
45%
21'A
*190
46%
21
21
433A
43%
43%
11%
11%
11%
12
12 Va
38
12 Ve
38
16%
16%
123/b
12
,,
38%
*37%
153/4
,38
15%
15%
4%
*91
43A
4%
*43/s
167
167
167
167
*167
193
*190
193
*85
86%
*85
*43%
433A
4%
91
*32%
34
15%
15%
*63%
64%
*105
143/a
101
100%
*101%
1053/4
14%
101
100%
101%
91
•
,
85%
433A
*32%
33%
15%
153/8
64%
*64
*105
106
14%
*101
100%
101%
*%
1
*%
*10%
11
10%
*43/8
4%
47
85
101%
'
118
*12
12
38%
Co
Cup
A
167 %
21%
21%
22
22
43%
43%
433A
43%
12%
12%
12%
12%
43A
43A
4%
>
4%
4%
43/4
r
4%
4%
4%
91'/a
923/8
12%
*4%
4%;»
91
91
*84%
86
85
85
85
85%
433/a
44
33
33
33%
34
15%
15'A
33%
15%
*33
153/8
Xl5%
15%"
15
15%
x64%
64%
64%
*64
64%
64%
64%
14%
106
*64
105%
15
14%
43%
105
1053/4
105 %
14%
15%
103
101
101%,
101%
101
102
101
*101 Va
101%
15
101
101%
103A
*101 Va
%
10%
%
11
*101%
101%
1
11 Va
'*
M*
10%
.
44%
101
,
101
101%
1
..
*44
>.-;
*33
105%
10%
10%
10%
11 Va
10%
10%
54
54
54%
54%
54
54%
V
X27% Feb
29
9
21%
Jan
Apr
14
lOOVa Sep
22
83%
Jan
15% Jan
3
20% Sep
20
10
Jan
45
July
Dec
25%
No par
47
67
44
Nov
114% Apr
26
131
Jan
5
122%
Nov
153
106% Jan
7
113
Aug 30
Xl067/a
Dec
107%
Dec
21
39% Jun
26
16
Jan
35%
Jun
1
28% Jan
> 8%
Apr
19
12% Feb
2
5%
Jan
10%
Dec
11% Feb
11
28
(EI)
Eagle-Picher
Lead
& Co
No
1st pfd
Co
6%
•
Stores
Elec
&
Mus
No
Dec
130
Aug
117
120% Jan
115%
Dec
121%
Sep
Dec
15
(The)
6
9%
Nov
11%
Apr
25
40% July 14
31%
Jan
44% July
3
17% Aug 15
3%
Jan
8% May
146%
par
157
Feb
7
175
Jan
24
41
Jan
16% May
37% Jan
5
__3
shares
20
Apr
6% Jan
10% Feb 28
33
2
Inc
Am
Sep
13%
14 Va
July
171
Jun
29
Jan
170
May
195
Sep
9
*173
Sep
184
Jun
30
35
Jan
45% July
Feb
19
39 Va July
14
Mar
Jun
50
1
22% Sep 22
11 "Va
4
45% Aug
18
30%
Jan
Apr .18
10
3
13% Jun
19
8%
Nov
5% Jun
16
3% Jan
4
1%
Jan
Sep
5% May
6% May
No par
3% Jun
9
5% July
3
1%
Jan
$7 preferred
No par
81% Apr
25
99 V4 Mar
3
31%
Jan
92
Nov
$6
No par
Storage Battery——No par
El
Natural
Paso
Endicott
4%
Gas
_3
Electric Mfg
Co——4
Johnson Corp
50
preferred
101
4-70
.100
$5% preferred
Engineers
$6
RR
Ctfs
5 Vr
Service
of
94% Mar
4
28%
Jan
88%
Nov
47% July 11
34% Aug 31
33%
Jan
42%
Sep
23%
Jan
15
Sep
13
17 Va Sep
5
57% Jan
25
68% July
5
49%
Jan
58 %
July
101 % Jan
19
101%
Dec
103%
Dec
2%
Jan
Office
Bldg
int
pref series A
7
108% Jun
3
.
X32
Sep
9%
3
16 % Aug 25
Jan
3
101% Aug 29
54
Jan
92
Sep
Jan
3
103
Aug 23
57%
Jan
92 %
Sep
92% Jan
10
104
July
96
Dec
% Apr
9% Jan
25
87
No par
89
No par
,
common
benef
24
28
78
No par
preferred-
tEquitable
Erip
Public
Apr
39% Apr
27% Feb
8% Jan
preferred
Electric
200
1,100
159% July
124
4
Electric Power & Light
101
11
Jan
128% Mar 24
137
100
•
Ind
134
6
1
Manufacturing Co
Edison Bros
19
123% Jun
20
-5
preferred
cum
Jan
7
17% Jun
162% Jun
9
Feb
par
par
10
Corp
Kodak Co
Eastman
Eaton
May
100
No
Nemours
oreferred—
$5 preferred
54%
Sep
73% May
par
de
P
Emerson
50
a
No par
No
Duquesne Light 5°h
600
1,700
11,900
19
International
$4.50
1.500
1,000
Sep
No par
300
11
May 13
1
Co
7.900
?r
Oct
Dec
16% July
34
15
*101%. 101% >
35%
100
Jan
Boat
60
36% May
Nov
May
Feb
3,300
•
87/a
Feb
Autc-Llte
200
17
5
15%
101
14%
10%
*54 ■
10%
105%;
-
'
42 Va
Jan
1
Sep
22%
Stainless Steel
600
Jan
17% July
38%
Electric
>
> !>>
37
42
11
Apt
48 ,;/ Aug 28
101
*10%
53%
44%
33%/;
10%
10%
:
;
33% Mar
48%
27% July 12
Airlines Inc
500
35% July
Jan
.45% July 10
Eastern
2,200
Jan
Mar
4
Electric
>:>,
91
17%
26
5
2,500
4%
91
40
33% Jan
14,400
43,4
4%
>>
>
Aug 10
Aug 29
32% Jan 31
13% Jan
95
Dec
21% May 12
Du
300
''
10% May
22% July
43% Jan
Duplan Corp
500
'12%
Jan
par
No
Eastern
1,300
17%
Jan
167/a
5
Jan
3V4
No par
:".v-■___
193
*190;
1
Jan
8%
par
No
900
[
July
38% Mar 31
100
1,700
■
21
par
No
$4 preferred series A
4.200
16%
,
2
23
preferred
Dow Chemical
20
>12%
167 i;
'
46%
52%
18% Jan
5
37
July 10
9% Mar 22
No par
300
' *46 > >46%
22
>l'\
22% >22%
43 %;
"''43% .44%
%
1311.
3
•
3.900
*15%
193»;>
10%
page
3
5% Jan
Sep
July
Douglas Aircraft
100
151%
125%
38%
167%
53%
see
16%;
*16
46>/4
10 %
footnotes
12
17 Va Jan
par
preferred
Corp-Seagr's Ltd
Class
200
>125%
46%
53%
For
22% July
17% Jan
64
Dunhlll
86
1
10%
17
36% July
20% May
.40
9.500
44
*433A
*101
100%
Jan
8
Dresser Mfg Co
46%
92%'
X105 3/4
143/B
103
29
3
3.800
12%
X43 %
91
433A
:
.12%
38 y4'
*190
*45 Va
12
43/4
4%
91%
,
ieva.:,;
'
*4%
18
5
12
!
21%
43%
43
Feb
39%
39
*117
*190
193
*45%
•11%
>
-
1503/4
;
117,%
38
*37%
16%
*117
24%
Jan
Doehler Die Casting Co
Dome Mines Ltd
400
112
;.>":•> 11%
*125%
*116
Jan
"
38
11
10
26
28% Jun
160
124
.,.>123
35% Aug 28
45% J,un 27
36
Sep 15
29% Jan
5%
Jun
5
52
Distil
12,400
*112%
116
No par
Dixie
4,500
125
>Jun
Jan
108%
18
10
Diamond T Motor Car Co
500
22%
64%
Mar
19
36% Apr
32 % Apr
50
Western
Match
partic
7% Oct
19
Jan
No
6%
Jan
Jan
12
21% Jan
100
Hudson
Reynolds A
Diamond
1.900
39%
if
22%,'66%;,
May 24
3%
17
Devoe &
100
20%
39,%
*123
f
32%
100 Va
111
5
16Va July 10
113% Apr 12
Detroit Hillsdale & S W RR Co—100
500
1.000
20%
10% Sep
22% July 26
20
Detroit' Edison
#($>*
22 3/4
>149
*.
Lack &
100 Va
20%
39%
22%
%~'
lp0Va'~
193/4
47
;>
2
100 Va
19%
,
va
32%
*99
19%
47 Va
>
&
Delaware
10
4
12
20
Delaware
39
13 Va Jun
1
Deisel-Wemmer-Gilbert
300
65
6% Jan
19% Mar 17
par
i
7,700
15%
?
15%
100
No
Preferred
31%
*15%
1
pfd
Co
6.100
42
*99
&
36%
15%
(The)
Records Inc
Deere
*61%
31 %
>15%
Decca
20%
20%
36%
*41
700
2,700
31%
7%
7
65
*31
36
—'——25
Corp
Dayton Pow & Li 4%%
20%
20Va
*61%
42
Chemical
31%
7
>35%
:.
33%
*35%
30%
20 Va
50
41%
20%
112%
5
preferred——.
Davison
1.000
33 Va
36%
20%
13%
112%
41%
*35%
5%
23
13%
33%
*40%
Davega Stores Corp
,
62%
Jan
1V4 Aug 10
%
Jan
1% Mar
13% Mar 22
8%
Jan
16% May
Jan
16% May
52% May
1
No
nat
No
par
No
va%
9% Jan
3
13% Mar 22
—.100
46% Jan
3
59% July 17
4,
Sep
8
39%
Jan
-
1305
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Number 4319
160
Volume
Range for Previous
STOCKS
Sept
16
.
per share
s
12
12%
12 %
13 Va
12%
12%
12%
13 1/4
13%
13%
12%
12 Va
12%
13%
13%
13%
13%
35%
35%
3%
*3%
13'/a
13%
35 %
35%
35%
35%
35%
35%
*34%
35%
35%
*3%
3%
3%
3%
3%
3%
3%
3%
*3%
39% •;39%
39%
39%
47%
47%
48%
49 r 8
107 %
*107%
107'/a
30%
30%
6%
6%
6%
43'/a
44%
44%
*44
45
*44'%
45
43%
13%
13%
14
14
13%
14
13%
13%
60
60
60%
60%
60%
«*o
45
7.: *59
17
21
20 %
20%
20 V8
20%
*22
22%
22%
22%
*22%
22%
*22
17
17%
17%
17%
17%
17
17
*102
104
*39
7
113%
*11312
113%
5%
5'/a
15
15:!«
6 lit
.
5%
4%
4%
8%
153 la
155%
la
9%
*16
16
<63%
70
6%
6%
.
20
54 %
"J 1
107%
*105%
49%
49%
155%
X
155%
9%
9%
"7.
'6
15
15
15%
96
*95
96
Dti
96
27%
*26%
27%
27%
*149%
152 7'
*149%
151
37%
41
41%
114
3%
105?'a
131%
*130
*129%
130
*50%
107%
52
60%
61%
108%
*107%
108%
;*107%
131%
131%
30
*131
131%
62 Va
21.000
'
61%
62'A
*129%
11%
11
11%
11%
11%
21%
22
21%
*9%
10
"l%
24%
24%
1%
23%
*1%
24%
24%
*120
1%
"*1%
;
T%
1%
22%
'
*21%
*18
18%
17%
17%
78%
78%
78
25%
*25
25%
28%
*108
*108
23
23%
23%
*102%
103%
*102%
12%
12%
12%
*84
16%
16%
16%
*81
*22
22%
*22
19
19%
19%
19 %
1.100
19
77%
78
78%
81%
1.760
25%
25%
25%
500
25%
28
28
28
400
18%
18%
?'•'
78
78
78
25%
25%
27%
27'/a
25%
27%
*106
*109
109
X103
23%
23%
23%
104
*84
86
81
23
78
23 %
110%
23%
*103 %
103
12%
12%
12%
86
85
85
85
16%
*95%
98
>
81 .v
*27%
110%
*109
23%
12%
104
-
85
85
85 f.u
17%
*16%
17
17
17 >:>
98
*95%
98
*96
98
*94%
23%
23%
23%
23%
A 23%
22%
23%
23
49%
49%
*47
49%
49%
49%
50%
*49% •51
2%
2%
2%
*3%
3%
3%
3%
*2%
3%
*116
*50
*101
46%
*110%
117 %
119
50%
51
101%
102
46%
46%
111
112
2%
3%
117%'
51
*116
51%
■
*102
101%
51%
51%
103%
47
*102
48
47%
*111
47
111%
-x
111
114
117%
15%
15% -15%
111%
16
16
114
115
52%
52
48%
111%
16'A
48
47%
120
Gold &
51%
102%
5%
59,300
4 %■ A 4%
1,500
5%
5%
5%
5%
5%
5%
5%
5%
*4%
4%
A *4%
4%
4%
4%
A 4%
*17%
17%
4%
4%
17%
17%
17%
13%
13
13
*37%
38 %
37%
*23%
24%
*23%
*15%
16
16
16
37%
37%
38
37%
26%
27
37%
26%
26%
155
155
*57
59
26%
155
*56
17%
*13%
13%
13
13'A
37%
38%
*37%
38%
38%
38%
*23%
24%
*23%
24%
*23%
24%
24%
13
16
1,700
Great
37%
26%
26%
26%
26%
A 26%
26%
27%
59
*155%
49%
49%
20%
11%
11%
*11%
11%
i7-%
17%
17%
17%
5%
5%
5%
5%
50
42%
;
r.
50
42%
11%
*50
42%
*32
*31
33
*29
30
28%
20
*19%
163 77
*161%
A
50%
42%
42%
20%
21
49%
49% A
21
20%
21
11%
11%
11%
11%
18%
17%
17%
5%
5%
11%
12
50%
*49%
50
*51
42%
43%
163%
163
1,000
43
42%
6,000
42%
42%
43
33
32%
33
100
32%
33
*32
-
*32
33
Ore
5
2%
Jan
July 10
July 5
1%
Jan
9Vb
Jan
14%
19%
Jan
30% July
No
No
No
No
No
60
.-.1
Jan
1106
No paf
Prop—No par
pfd—No par
No par
141/2 Jan
14%
14%
106%
*106%
*105%
106%
*105%
105'A
106%
*17%
18 %
105%
106%
18 %
...
7%
*7%
105
•?
18
*7%
*146%
*103
7%
106%
18%
18%
18%
*146%
A':
106
18 %
81/4 May
Jan
18% May
71%
Jan
Hamilton Watch Co
14%
]07
*7%
7%
*103%
106%
*7%
*103%
107
106%
*105%
18 %
18'A
107
70
106%
50
18 %
1,400
~7%
300
106%
7%
*104
106%
10
6%
No par
—100
preferred
(M A) Co $4.25
Harbison-Walk Refrac
Hanna
6%
*146%
1%
Printing
pfd—No par
No par
preferred
100
1
preferred (modified)—.100
Hat Corp
of Amer class A
Jan
'30%
Jan
39% July
Jan
44 Vb July
34
113%
148
'119%
Jan
93
Sep
Dec
3
1% A \iC
8
Aug 25
Nov
120%
Jul)
Dec
July 13
83%
Jan
107%
128%
Nov
137
July
July 12
44Vb
Jan
56
July
130% Aug 23
125%
Nov
Sep
131% May
Nov
39
3
17%
Jan
13% July 26
2%
Jan
6% July
17
13%
Jan
24% May
52% Aug
23% Jun
V
Jan
81/4
Jan
4%
11% Aug 21
2 % May
Jun
*
2% July
3
aa
12%
28% July 10
25% May
Jan
115
Mar
X104
Aug 24
120
Aug
1%
Jun
2% Aug 10
%
Jan
Aug 10
31%
Jan
59
25% July 10
15%
Jan
23% Mar
9%
Jan
90
19% July 12
4
'*Sep
15Vb
88% Jan
22
60
Jan
91
26% Jun
15
16%
Jan
24%
15%
Jan
July 15
22
31
6
25% Jun
14%
19
105% Aug 23
Jun
9 % May
Jan
Jan
74
May
5
Jan
14%
59
Jan
85 Va
14%
Jan
22% July
41
7
July 11
Aug
1
52
Dec
25%
-—
4%
17% Aug 18
25
23% May
Jan
60%
90
x99% July
Jun
—
13% July 10
Jun 17
3
Dec
July
113
Jan
108
113% Apr
Jan
48
Sep
Oct
Jun
1% May
A
Jan
4
1%
Jan
3% May
Sep
97% Aug
54% Jun
6
19
73%
24%
Jan
45%
104
Feb
17
83
Jan
50
Jun
19
25%
Jan
112% Jun
26
90%
Jan
16% Sep
5
7
4%
Jan
9%
Aug
if
Jan
2% May
5% July
5
3%
Dec
6%
3% Aug 21
3
4
3
7
3
4% May
123% Sep
8
3
3
3
20
18
8
3
28
7
i
18% Jun
16
17
17
Jan
13% May
21
29%
Feb
37
Sep
24
Dec
26
July
13%
Dec
18
Apr
21%
Jan
231/4
Nov
Aug
50% Jan
'
4
Apr 24
6
Jan 14
Jan 5
2
3
5
July 15
12 Va Jan 24
24 %
19
Sep
22
6% Aug 12
Aug 12
16% May 17
59
Jun
23
49Va May 19
33
38
21
July 17
May
5
Aug 31
16% July
111
3
July 24
21
July 10
8
Jun
8% Jun 27
July 12
110
July
32% May
27%
Jan
Jan
154
Dec
57%
Sep
65
Jan
31%
Jan
50
Sep
14%
Jan
21%
Dec
11
Jan
13% July
10%
Nov
138
17% May
2%
Jan
5
Jun
81%
Jan
160%
Jun
3%
Jan
10 Vb May
41 % May
25%
Jan
44%
Dec
22%
Feb
28%
Sep
35
Jun
38
Apr
/
12%
Jan
9%
Jan
104 % Mar
106% Aug 11
150
Apr
Jan
Feb
176
Apr
7%
July 12
67
108 % July
8
39% July 28
29
Mar
8
156
Oct
41% July
5
25% Mar 15
3
Sep
102
i.
'
19
July
38% Sep
26
13
26
11
Jun 14
Jan
32'/2 May
Jan
130%
Sep
66
25% Jan
24% Jan
143% Feb
57 May
43% Feb
19% Feb
11 Apr
11 Apr
3% Apr
123 Jan
6% Jan
102
15%
138
5%
104'/a
98% May
20%
8
29% July 12
Jun
Mar
Apr
Apr
Hall
700
Jun
Jan
131% Aug 24
28%
15%
11%
106
500
14%
9%
7%
117
25
10
220
20
29
*146%
—
7%
29%
20%
Jun
Aug
2%
3% Sep
preferred class A
Co
Hackensack
*19%
*19%
20
20
20
20
14%
*32
*14%
29%
20
106%
.
151
3
135
Apr
No par
Jun
91/4
Jan
Mar
Jan
43% July 12
117
Jan
3
27
No par
—
Corp
134
39% July 11
25
Deferred—
1
100
preferred
Gulf Mobile & Ohio RR
8%
Oil
10
No par
Guantanamo Sugar
*5
J35% Jan
;40 Feb
s; 98 Jan
a 36% Feb
104'A Jan
8% Jan
l%Jan
3% Jan
15% May
9% Feb
32% Jan
23% Jun
5%
6
20
4%
153
Water
preferred
...—
Aircraft Corp
5%%
Grumman
Gulf
Jan
Dec
Aug
18% July 10
25
100
100
1
No par
Greyhound Corp (The)
v
1
Apr
51
18% Jan 4
45 Apr 26
^2% Jan
11%
37
102% Aug 14
6
11% Jan 19
x83 Jan 7
>
Jan
6%
*
107
11% July
•'
1 % Apr 25
5
71/2 Jan
69 Jan
•
7% July 10
19% Apr
par
par
par
par
par
Apr
53%
Jan
—
Jan
Jun
14%
Jun
102
9% July
j
18% Apr 26
6% Jan 3
19
6%
Jan
14
155% Sep
3
14% Jan
Jan
9%
14% July 20
*
Feb 24
40% Jun 10
112
Apr 17
2% Feb 10
115
Jan 11
102
Jan 4
123 Mar 18
51% Feb 4
-1
3
51
50% Aug 17
Feb 16
—
Oct
v ; ;A ; -
107 Va Jan
4
4% Jan
.
4V8 May
28
54% May 19
* 35
No par
West RR
A
29%
30
28%
29
*29
28%
*105%
105
July
EK'.
14%
7%
7,000
11%
51%;
107%
106%
80
11%
14%
*7%
164%
51%
*106%
*105
3,400
11%
14%
17%
510
51%
107%
*146%
5%
9,000
31,800
par
par
par
par
par
par
No par
Co Inc
(H L)
Green
.
11%
*14%
*146 %
19
51%
*106%
14%
*162%
163
11%
12%
107
19%
*1.4%
17%
*5%;
5%
:•
.
51%
*106%
*
*11%
V
;
Jun
5
<
3
3
15
23
17
17
29
18
3
26
3
33 Jan 3
42 % Sep 15
Green Bay &
900
V%Jan
140
100
10
Preferred
59
49%
163
163
11%
*56
5%
5%';
50%
*155
59
17%
17%
11%
156
*56
21
21
11 %
156
59
4%
Sep
Sep
7*
25% Apr 19
Ry 6%
Western Sugar
Great
230
156
156
49%
49%
20%
*56
Jun
7'/2 July lo
81% Jan >4
10
20
Great Northern
38%
7,500
2,100
49%
162%
Nor Iron
15%
59
o
100
No par
Co
37%
156
No par
No par
preferred
5%
37%
Xll%
11%
(W T)
Grant
A 15%
*56
No par
?
(B F)
preferred
16
X20%
163
-A
100
24
31%
x21% Aug 30
105 Jun 21
413A Apr 28
7% Jan 24
143 Feb 8
6% Jan 3
4% Jan 3
5
—5
Co
Stock Telegraph Co
37%
21
11
400
Jan
18 Va Jun
' lOVe Feb 11
preferred
15%
49%
*161
v
A
17
Dec
47% July 18
3
No par
No par
Brewing
37%
*155
5%
24
1,100
13
38 %
conv
16
21
r
i
38%
600
38% July
,
5 %
13 % Feb 1
51
Jan ,3
(Adolf)
37%
156
17%
13
'
17%: a
Dec
Sep 14
4% Jan
5
50
preferred
15%
16
493s
*
%;•
*17
17%
17%
17%
13%
*37%
7
300
5%
5%
*13
; :
29%
17
25% Feb 10
No' par
Goodyear Tire & Rubb
No par
$5 convertible preferred—No par
Gotham Hosiery
No par
Graham-Paige Motors
1
Granby Consol M S & P
5
Grand Union Co—
No par
Granite City Steel
No par
$5
7,200
47%
111%
75
20
Goodrich Co
200
1.600
15%
*17%
4%%
3,500
15%
5%
4%
A
51%
102 Va
15'/4
Feb
-
*12% Jan i5
16
May
Jan
16
4
^
Dec
7
3
1
Dec
50
5
Jun
116
18
2% Jan
Ao par
No par
Jun
9% July
53
42% July 12
4
•
12
Jun
-
36% July 11
23A Jan
Safety Razor
conv
2,200
1
29% Jan
Apr
103
100
2.300
V
3
Apr
17% Sep
105
1
preferred
Glldden Co (The)
3%
15
No par
$6
ill
13
30% Jan
23
4
Jan
Jan
20
1
Rubber Co
preferred
tGoebel
,
Jan
5%
Glmbel Brothers
15%
15%
*•
$5
98
47%
16%
Jan
13%
70
25
Tire &
Gillette
Gobel
*111
19 % May
21
preferred
2.300
15%
15%
Jan
20
500
400
>;■
111%
*111
10%
23% July
18
Jan
16
110 Jan 14
19% Feb 8
99 Feb 17
1.700
102%
*102
103
5
.
100
5
—100
2%
,: t
54
preferred
23%
115
51
Feb
100
17
111
13% July
39 %
74% Sep 9
22% Jan 20
4%%
3.500
2%.
3%
Jan
22
Cast $6 preferred—No par
Generai
Telephone Corp
20
Gen Time Instru Corp
No par
49'A
23%''/
49%.
9%
66% Jun
112 Apr 11
l%Jan 3
5IV2 Jan .12
19% Apr 25
23%
3%
3 ',8
3%
3%
22%
14% Mar 28
100
1
*47%
2%,
2%
2%
2%
2%
*95
12%
*96%
98
1
5
Co
87
17
11% May
53% Jan
Outdoor Adv A
General
1.300
104%
*85
Jan
125% Jan 28
36% Jan 3
180
12%
12%
12%
Jan
A
6%
23
104
3%
Gen Steel
1
Jun
July
30%
General Shoe Corp
110%
23
23%
600
23
'
*109
104
104
12%
16%
400
82
25%
110%
81%
•.•xr:.l%
Jun
22%
7
preferred
Gen Realty & Utilities
$6 pref opt div series
General Refractories
4.000
92
*27%
28
28
110%
*27%',
"1%
39%
5
6%
*81
18
78%
*24%
600
23%
22%
22%
1%
1%
13A
400
24%
A;.
*120
*120
1%
•
1.200
82%
*81
81
8i
80
r.f
80
*22
"l3A
1%
1.100
2.500
1%-
1%
*23%
25
109
No par
No par
;; Common
No par
Gen Precision Equip Corp
No par
General Printing Ink
1
$4.50 series A preferred—-No par
Gen Public Service
10c
Gen Railway Signal
No par
107
*103
1%
*1%
25
11%
9% A 10
26% Jun
8% July
preferred
$5
109 <
4 !'.
18% May
58% Mar
General Motors Corp
Gen
May 13
Jan
3
Aug 31
9
preferred
5 %
100
22%
22
107
*103
25%
25
*120
*120
*120
10
13A
1%
1%
23%
*1%
11%
22
10
107
*103
107
*103
107
*104
*11%
11%
22
10%
10%
10%
*50%
11%
21 %
400
52
52
22
*11%
22
:
130
*129
130
*50%
52
61%
62%
61%
130%
*50%
52
x9 %
131%
*130%
*129%
62
129%
21%
9%
138
*134%
138
60
8.800
3% A ' 3%
A;r'-
3%
3Vi
3%
3%
3,700
114
/.*113
114
*113
42%
41%
-A
42
41%
42
Jan
27
Jun
5 Va May 16
No
General Foods Corp
-No
$4.50 preferred—
No
Gen Gas & Electric A
No
$6 conv preferred series A_No
General Mills
No
18,700
15%
97%
Jun
44
43% Aug
General Electric Co
37%
*106%
11%
*1%
37%
114
150
36%
37%
X37
Jan
19
51
109
4
,
28
preferred
1%
120
Jan
31%
8
25
Jun
July
Jan
Investors
cum
25%
43
19%
'General Cigar Inc
500
27%
:
150
151%
151%
152
*26%
*26% A 27%
1%
50% Jun
8
Wood
Class
A/i
107%
21%
9%
180
108%
*50 '/a
52
700
96%
*134%
129%
*50%
15%
96%
V
138
61 %
129%
5%
900
*134%
131
131
131
*130
1,400
5%
191/2
Jan
31% Aug
■
138
*134%
106%
106%
27%
41%
3%
3%
3%
138
A 9%
15%
96%
114
V 114
9%
15%
96%
37%
41%
3%
15%
27%
37%
41
113
37%
*129%
61%
60%
37%
41
114
37%
15%
96 %
*149%
152
k 4i
*134%
138
A
30
5% '
15%
27%
155%
9%
5%
6
1,300
Jan
42
3
preferred
Gen Amer Transportation
General Baking
s,
$8 preferred
Generai Bronze Corp
General Cable Corp
2,500
12%
50% July 20
24% Jan
$6
8%
A
8%
,
27% Aug 21
Nov
36
Co
Gen Amer
800
\
*154%
/
155
9%
•
49%
*49%
8%
155
10
50
106%
*106
.
49%
8%
96
Ar;
*112
37%
155%
*5%
6
"
5%
*14%
106%
49%
8%
20%
13%
27
98 %
Jan
preferred
Industries Inc
Gaylord Container Corp
51/2% conv preferred
5,300
13%
3
Jan
Jan
25%
$3
Gar
4,100
54
*53%
Jan
78%
6
101% Sep
5
(The)
Gardner-Denver Co
A
6%
'
*106
50
9%
9%
5%
13%
A-: 8%
*153%
155
: 155
fpl 9%
13%
49%
'
8%
8%
13%
106%
*106
106%
49%
8%
54
54
'13%
13%
'49%
8%
20
54
*53%
54
54
13%
7
19%
17
Apr
25 % July
38% July
(The) cl A
(Robert)
Gamewell
70
6%
20
20
19%
20
20
'
16
*63%
5
Jan
13
preferred-
6%
v
840
800
al6
%
V
Jan
15
13
Inc
Co
Galr
400
15%
39%
6%
6%
6%
6%
6%
5%
1051a
A
40
70
■/;/
r
15
39%
;
15
;v.
40
16%
15%
*134%
15
•
*63%
5%
3%
4,600
41%
40%
Trailer
Dec
6%
34% Jan
preferred
Gabriel Co
400
4%
*16
15%
*112
5%
4%
70
*106%
:
8%
151
*5%
16%
*12%
%
50
*26%
15%
*15
15%
41%
v
*63%
*54
*106% 107%
06
5%
4%
*5%
4%
*16
19%
13
*491-4
4% %
70
6%
54
*12%
Fruehauf
540
16%
20
54
500
41%
40%
6%
.
40%
113%
*16
;
70
20
31%
*63%
16
16
5%
4%
*14%
15
:
5%
4%
1,000
112%
41
41%
41
*63%
4%
4%
4%
i%
v
r
*39%
tV
113
5%
5%
*5
31%
28% July 10
38% Feb
..No par
F'k'n Simon & Co Inc 1% pfd
100
Freeport Sulphur Co
10
30
,
.
Apr
18 Vb
Jan
104 % Jan
preferred
prior
29%
Feb
3%
3
Francisco Sugar Co
2,400
31'A
39%
113
6%
50
22%
39%
31%
39%
113%
*113
114
113%
31%
39%
40%
*39
40%
113%
*31%
31%
31'A
31%
*
103%
103%
103%
104
*102
104
Corp
Corp
Foster-Wheeler
*20%
31%
32
39%
*15
Food
600
16%
*100
103%
30 !»
20%
Corp
Machinery
200
20 Va
Dec
13
45
i
105% July
18%
23
Aug 14
19% July
Jan
10% Aug 18
103% Apr
preferred
conv
60%
*59
21%
104
Steel
Jun
22
4
A: 35% Jan
Food Fair Stores Inc—
1,000
21
16%
5%
60
-
45
A14
14
16%
2212
**31
Follansbee
24
I
Nov
Jan
100
1
10
10
Florsheim Shoe class A
700
21%
*20'A
20
103 T u
400
6%
*43%
5
60%
*59%
30%
X
6%
4
26
Mar
May
11%
No par
10
preferred
Florence Stove Co
100
Aug
42
28
Nov
86
24
17% Feb
105
Nov
Nov
8%
Jan
100
(The)
Flintkote Co
21
Apr 24
No par
No par
No par
No par
-A
preferred
$4.50
38%
A *6%
6%
*6%
Y
Tire & Rubber
National Stores
First
110
*30
30%
*30
2,800
*37%
37% /
6%
42%
22%
*108
•-
30%
*16%
1
110
*6%
20
V.K
-
X37%
38%
*37 %
42%
800
30%
93
1
$2.50
25
Corp
Phen Fire Ins N
4 Va %
200
22 V8
-
30%
*21 %
v
*108
110
,
41% Aug 18
26% July 17
14% Jan 17
22% Jan
100
preferred
conv
Enamel
Ferro
108%
*107%
A
22% 1
22%
22%
22%
42
42
42 %
6%
14
r
Firestone
4%%
460
49
49
49%
108%
30%
591a
1
5,700
.
48%
*107%
30%
*58%
:
Fidel
*37%
n:i%
■V
48
1,800
.
*108
38%
*37%
38
700
47%
30
'
*9
110%
*108 '
26%
47%
*j%
*42
110
*108
100%
26%
107%
ti)
7
*47%
48
47%
107%
22%
22%
22%
22%
43
43
43%
*42
100%
27
38
0%
*
7
47%
47%
%
101
26%
27
26%
26%
101
101%
*101
101
3-H July
3
19% Apr
No par
Dept Stores.—
Federated
Jan
20
18
3
21
No par
No par
A 1,000
;
29% Mar
25
Jan
100
5
27%
27
Jun
Nov
18
15
A; 17
27%
26%
Jun
14%
Jul/ 14
14% Jan
Corp.l
__5
500
9%
Jan
%
21% Apr
9% Jan
__2
.A •>-; 9%
*9
9 %■•
Jan
5%
4%
33'A Jan
Federal Min & Smelt Co
100
3%
29
39% Aug 14
3
20
Traction
&
Nov
78
Jan
13 % Aug 25
No par
& Co
Highest
t per share
share
per
68%
15% Jun
2% Jan
Federal-Mogul Corp
Federal Motor Truck
1,000
21%
22
9%
27%
27%
27%
J/4
26 3A
*ova
110%
*43r,it
.
*27
101
9'A
9%
9%
9%
'
*21%
22
*21%
*21%
*21%
21% Jan
share
84% Aug 24
19
9% Apr 18
2.50
$6 preferred
20
102%
102%
>
Corp
Light
Federal
400
21%
*21%
22
"11-5
Fajardo Sug Co of Pr Rico
Farnsworth Televis'n & Rad
16,800
14
<•16%
22
21%
21%
21
103
*102%
103
*102%
*107%
43 %
*37',4
30
16
27%
■«
22%
*108
13%
16% y
21
;:
27
U'" 47
22%
14%
16%
101 %
*26
107%
*lC7'n
9
101
26 %
.V. *42 %'
13%
16%
103
21%
27%
21%
101
47
14%
*20%
20%
8%
9
47%
13%
*16
share
6% Apr
3
Fairbanks Morse
1,400
*102%
103
21%
4 i-m
24%
16%
*15%
21 %
27%
40%
*24%
16
*21',4
101
*39%
25
14 v
20%
*25%
40
24%
16
20 %
*8%
*39%
600
40%
24%
13'/2
"
Co
Products
S per
78% Feb 15'
50
..
Cleaner__
Vacuum
Exchange Buffet Corp
400
40%
13%
*102%
103
Ex-Cell-O
24%
24%
20 %
1,400
40
13%
16%
*15%
*102'/a
Evans
24%
24%
13%
13%
1,100
^
40
724%
■:
25
;
*24
Eureka
4
*13
;fi
2,100
36
xl3%
RR Co
Erie & Pitts
88
t per
Par
Lowest
Highest
Lowest
Shares
88
*84%
*84%
*12
STOCK
YORK
EXCHANGE
the Week
share
$ per
share
per
88
*84%
88
12
12%
S
S per share
per share
*84%
88
*84%
88
*84%
J
per share
Sept. 22
.
NEW
for
Sales
Friday
Year 1843
Range since January 1
•
Sept. 21
Sept. 20
Sept. 19
Sept. 18
s
f-
Thursday
Wednesday
Tuesday
•
•
SALE PRICES
AND HIGH
LOW
Monday
Saturday
13%
135
4%
86
Jan
Feb
Jan
Jan
1
50% July
181/2 July
15%
Jun
110 % July
18% July
144% May
7% May
109%
Oct
1306
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW
Saturday
"8VB
t per
8%
*8%
8%
6%
6%
6%
*105%
106'%
105%
20%
*20%
"12
"80
22
22
21%
22%
21%
22
1,800
Hercules
81%
81
81%
81%
82
1,700
Hercules Powder__
131
30
21%
80%
132
130%
80
*130%
21%
X21%
80
71
>'*■
81
24%
*21%
22 %
*21%
22%
45
*45
45'%
17
*16%
17
122%
45
45
16%
17%
*16%
17%
17%
*115
*115
24
17%
k
;; 44%
44%
44%
44%
v
45
447'b
*42%
*16%
16%
68%
16%
16%
68
68
*67
113%
67%
113%
*113%
*66%
114
67%
67%
71
*119
122
"23%
23%
*22%
23%
45%
*45
45%
*45
16%
*16%
167«
17%
17%
17%
•115
*115
114
17%
17%
Xl7%
17 Ve
90Q
68%
68
68%
*67 7«
69
500
*113%
114
32%
32%
32%
2,500
Howe Sound
1%
1%
*1%
17u
9
*8%
*8%
9
*8%
;
V'
9
/.
V
■
___
26%
26%
26%
26%
26%
267«
26 7 a
267a
1,900
14%
15%
15
15%
14%
15
4%
4%
4%
4%
4%
4%
f,;%4%
14%
15%
4,400
4%
4%
4%
11,200
28%
28%
28%
15%
28%
15%
28%
15%
28%
15 %
28%
15%
29
15%
16
15%
15%
15%
16
36%
*35
36%
35%
36
36
36%
36
36%
36
36%
1,300
60'A
60%
59
59%
59%
59%
58%
59%
58%
59
59
59%
510
14
14
14
19%
19%
19%
28%
28
*13%
14
*18%
15%
18%
*13%
18%
28%
*13%
14
*13%
18%
14
19
18%
18%
38
33
*38
38%
38
38
105
105
*105
105%
105
105
102%
102%
*103
103%
104
*162%
165
165
*81%
83%
U1G%
10%
103%
*162%
103'%
*162%
165
83%
10%
7%
79%
174%
*3Vb
15%
178
80
174%
3%
16
*71
72%
5
*176
79%
79
6,900
8%
*8%
112
8%
03"
100
35%
36%
*35 %
36%
36%
36%
400
111%
111%
111%
*111 Va
111%
111%
V
*8%
7%
7%
7%
7%.
8%
9
8%
9
178
*176
178
*177
79 %
78%
79%
79%
173%
174 %
174%
174%
174%
3 Vb
16
3%
3%
3%
16%
16%
16%
x72%
*3
5%
Va
5%
5%
5%
5%
4%
29%
29%
29%
29%
29%
29%
*132%
134%
*132%
134'%
*132%
83
82%
83 %
10
*9%
*9%
9%
3,500
100
*78%
79%
*44%
46
41%
74%
17%
17%
17%
17%'
17%
*16%
*38
*141'%
17
*35
*109%
96
17%
17
40
—
17
35,/-
111%
96%
*99
41 Vb
*72
41 Va
74
*120%
17%
*17%
17%
*16%
*37
41%
Va
*72.
125
*120%
17%
17%
.
18
*17%
16%
35
96%
39%
16%
17
'110
96%
23%
69
80
80
*13
13%
*13
14
24
68
%
69%
80%
13%
V1
30%
*21 %
*37%
39%
38%
6
1147b
30%
31%
6
5%
70%
9%
*8%
36%
25%
9%
36%
70%
36%
35%
10
35%
*9%
*8%
*36
35%
35%
10'%
9%
6
25%
9%
*42%
9%
29 %
<122
24%
43%
'23
24
43%
9%
*29%
43%
9%
29%
124
'122
24%
*42%
97B
4%
*478
1%
1%
'
17%
35
112
97
96%
r-:V.'•••.,'
97 Va
*97
*99
9%
31%!/..
15%
1.:^
22%;
*30
:18
*110
...
*70
*253%
*8%
"
22 Vb
;
39 Va
6
:
32%
18
17%
114
*110
*21%
22%
22 Va
22%
*38
40
25%
*38
y.100
30
26
*25%
9%
10%
10'%
101%
86%
86%
86
210
28
*27'%
27%
300
*24
25
24%
24%
*24
24Vi
200
*42%
9%
30
'122%
44
*42%
9%
30
9%
30
123
123%
10
86
43
43'%
10
43'%
10%
10%
30'4
30 %
-
500
200
.
10%
30%
123 %
*124
126
20,800
■;
900
20
5%
5
5
5
5
4%
1%
1%
1%
1%
1%
1%
2,100
24'%
24'%
2,200
33
1;900
40 %
*20%
40%
40
40% '
41
51
41%
51
*41%
51%
51%
51%
52 %
52%
7%
7%
7%
44%
44%
*44%
80
81
80
31
38%
39 %
41
39
38%
39
'29%
%
1311.
*78
81%
179%
31
1.200
1%
179 %
31
80%
<179
*29%
.
Jun
22
102%
Jan
19% Aug
2
6%
Jan
3
44
16% May
16% May
12
20% Aug
Apr
19
20% July 10
9%
Jan
Jan
4
19% ■July 17
10%
Jan
18
Jun
Jan
6
45
July 27
27%
Jan
32%
Apr
17
141
Mar 15
Jan
145%
Jun
6%
Jan
18%
3
Jun
135
16
9%
26
38% Aug 23
Jan
22
110
Feb
10
99% Mar
84% Feb
15
100
Jun
19
70
Jan
78
90
05
May
May 25
Feb
18%
Sep
16% July
34
July
109% Aug
92% Sep
Aug
79
20% Jan
27% July 10
19%
Jan
26%
Aug
Apr
58
72% Aug 31
54
Nov
65
Apr
87
64%
Dec
82
Apr
8%
Jan
12%
Jun
Jan
.100
66% Jan
10% Jan
20%
20'%
42
41
41%
52 %
52
52
7%
45%
80
7%
*44%
79%
20'%
,
J
x3234
1,300
1
"*20 Vo
X41
52
7%
7%
45%
*44%
79 %
4%
78%
20'%
41
52 Vb
7%45%
500
900
3,100
9,500
preferred
non-cum
300
80%
80
80%
1,400
179%
*179
179%
80
30
40%
41 7b
40%
41'%
38%
39
39
39
*29%
31
Class
&
July 10
15% Aug 31
200
41'%
42%
9,700
*38%
38%
900
16% Apr
19% Jan * 4
J
conv
cl A
B
13% Feb
Jan
4
__1
20
Jan
25
13% Jan
26
1
No par
111
No par
$5'prior preferred___..___JVo
Kresge (S S) Co
par
H)
5%
Gas
Lt
'7% July
*73
7,
26'/a Aug 29
10
4
22
9% Jun
4
July 13
36% Sep
1
36% July 22
3
13
100
62
Jan
14
104
26
Apr
17
30
No
17% Jan
19
par
5
100
.
50
No
38
Apr
24
8
Jan
.3
21 *
Apr
26
Jan
7
4% Jan
3
113
Jan
July 12
24% Aug 18
44% Jun
1078 Sep
31
July
125% July
26
22
5
6*
7% Mar 21
l%Jan
29
15% Feb
4
28% July 19
1
(The)
29% Jan
4
36
par
5
No par
Libbey Owens Ford Glass—JVo par
Libby McNeill & Libby
7
8
2V«Jun
30
July 11
18% Jan
5
36% Feb
14
Jan
3
July 3
537s Aug 21
6% Apr
24
8% July 20
Jan
8
42
39
21% Jun
9%
17
May 31
50
preferred
Lehn & Fink Prod Corp
Lerner Stores Corp
.
Aug 31
25
100
preferred
Corp
23% July 11
40% July 31
No par
Lehigh Valley RR___
Lehigh Valley Coal_
conv
Jan
Jan
8
July 12
11
Lee Rubber & Tire
6%
8%
102
28%
15'%
25
1%
34%
18%
2%
23%
24%
29
May
Feb
Lehigh Coal & Navigation Co—10
Lehigh Portland Cement__:
25
Lehman
54% Jan -28
17
6% Jan
.
(The)
Lane Bryant___
conv
31% Mar 4
3
Feb 17
21
x43
48Vb Jun
27
*
Jan
Jan
Jan
Jan
Jan
73
Oct
Jan
29%
Jun
Jan
19%
Jun
Jan
Dec
:20
Jan
107% Jan
July
July
2%
Jan
-if Jan
11% Jan
24
Jan
14%
237*8
31
5
30
2%
20%
32
22%
38%
26
62
Dec
"62% Nov
27
171
par
26% Feb
3
6
8 % May
Jan
Jan
Jan
Jan
27
25
120
Jan
83'A Jun
86% Jun
Apr
Oct
9
29
181% Jun
Jan
39%
Dec
3
37
16% May
Jan
8
36
Sep
10% Apr
32% Sep
32% Nov
17%
11%
26%
8%
13
-No par
No par
July
.6% July
35
68% Jan
Lima Locomotive V/ks
Link Belt Co
34
24%
67% Jan
^No
Apr
35% Apr
20% July
Jan
Jan
Jan
Feb
174% Jan
Lily Tulip,Cup Corp
16% May
113
58% July
25
23
Sep
Sep
24% May
Jan
Jan
100
,
Series B
Preferred
Apr
* 17
27% Jan
31% Jan
10
_JVo par
Lambert Co
4%
.
29%
Jan
Jan
19% Jun
34
Aug
Apr
7%
29
115
Dec
Sep
10%
11%
14%
1
Co
preferred
1
7
19
19%
127
6
24% Jun
>
*12% Jan
121
Dec
5% Jan
Aug 31
No par
& Co
Kroger Grocery & Bak
Laclede
par
9
19% Jan
par
17% July
x26
May 18
29% Jun
'
39% Mar 11
19
17
Keystone Steel & Wire Co—No
Kimberly-Clark Corp
No
Kinney (G R) Co™
(S
21% Aug 13
124
Feb 25
14% Mar 28
5
Kendall Co $6 pt pfd A
Kermecott Copper
Kress
27
120% Jun 15
6% Jan
3
par
100
.
Co
Liggett & Myers Tobacco
78 7 »
80%
179%
30
(Julius)
Life Savers Corp
%
31
4%
100
180%
80
10
No par
Kresge Dept Stores
400
28
.
page
700
V"
86%,
r
see
26
28%
84%
32%
footnotes
200
6
71
24%
For
40
6
*70
32%
*38%
600
»
6
24 Vb
38%
1,000
31.500
71
24%
38%
:
33
33
38%
18
32%
24
38 %
-
114
33
3278
81
Aug 28
21
____No
Kelsey Hayes Wh'l
24
*38%
400
City Southern
GOO
20%
31
30
Kansas
21%
33
*29%
4.400
21%
24
80%
Dec
15
13% Jan
100
Kan City P & L of ser B
9%
22
21%
20%
180
3
27
No par
Kaufmann Dept Stores
*70
26
30
►
■.
Kayser
32%
81
71% July
47
12
1
300
•
*179
Jan
20
Apr
couv__
500
1
82%
pref series B
Mfg Co
15%
23%
180
5%
24
20%
*80%
37%
Jun
107% Jan
stamped__100
RR
15%
32 ;
*179
Chicago
Laughlin Steel
pref series A
24
*5%
71
-
V
23%
*78%
5%
16'%
*110
32%
31%
20%
80
&
Jones &
24 Va
32
*78%
Jun
No par
*24
17%
114%
313%
S'/'a
23%
7%
11%
138% Jan
1
*15%
24
*21%
9%
■
1%
46
Jan
100
Kalamazoo Stove & Furn__
9%
*121
*27%
124
Dec
3%
29
No par
600
V 9%
21
•19%
*121
35%
97 b
Co
preferred
Johns Manville Corp
Joliet
4.700
47
1%
7%
1.200
•
35'/a
44
69%
'
'
20%
*44%
97%
4%%
20
20
32
46
;
"
(W B)
Jewel Tea Co Inc
1,500
*99
20%
'44%
.
July
14%
Jan
15
1
20
23%
23%
7%
v
35%
24%
Feb
11% Jan
.
1
preferred
Jarvis
1,500
35
*110
32
7%
17%
35
112
35%
29%
*122
5
17%
35
*110
35%
9%
124
4 7«
*1%
*17%
35%
$6
35%
29%
30
Island Creek Coal
*146%
138
Jan
45%
92
4
11% Jan
No par
800
35%
9%
Dec
July 18
12% Jun 2i»
85
Dec
39%
9'%
84
Nov
8%
July
39
800
.
36'%
28
25
129
115
117
100
No par
39%
*8%
83%
'23
X39%
*35%
27%
5
July 11
20% Aug 30
135
127
4!
& TelegJ.
Foreign share ctfs
par
9'%
83%
preferred
par
35%
28%
6% May
36% Apr
Apr
38% July
No
*8%
*83
Jan
60
No
35%
*27%
July
3%
28
4% May
Jan
Interstate Dept Stores
9%
83%
Mar
67
Jan
Intertype Corp
36%
28 %
19
Jan
July
700
17%
36-
*83
Jan
Jan
36
17
36%
*27%
%
11%
55%
<...
39
17
*17%
Sep
July
.
.28
17
17%
177
6
Joy
*5%
70%
2,800
Jan
Apr
Jun
5
400
39%
25%
'
July 20
162
74%
Sep
700
22
*5%
Jan
July
13%
39%
70%
56%
Aug 21
177
43
80%
22%
25%
Jan
78
13%
*37%
70%
144%
3
80%
*21%
25%
Mai"
9%
13
13%
38%
25%
Mar
3
Jan
13
80%
22
*69%
115
Nov
56% Jan
13%
18
<111%
Jan
6
6
39% Jan
80 Va
*30
31%
106
3
35% Jan
Intern'l Telep
33,500
Apr
par
13%
20
114%
18
No
80%
18
*111%
38% July
—_No par
50
Silver
400
22%
21%
7%
Salt
69 %
*17%
31%
International
24
18
114%
International Shoe
100
s
22%
30%
8% July
Jan
32% July
11
68% Jan
15%
Jan
6 % Jun
7% Feb ' 3
100
:___
691
15%
21%
International
700
preferred
23%
24
*111%
200
5%
July
78% July
Nov
6%
78
3
Feb
168
9%
21%
82
7
66
No par
69 34
24%
18
Inter Rys of Cent Am
24
16%
*21%
100
*68%
*23%
*21%
18%
conv
24
*15%
*17%
5%
100% Apr
Apr
Jan
10% July 10
181
Sep
5
19
Jan
13% Feb
Nov
7
8% July
3
130
15
69%
33
%
62
8% Mar
13
25% Apr
100
86%
158%
40% July 17
114% Mar 13
3
Jan
4% Jan
No par
Paper Co
preferred™
80%
:
.
7
5
3
15% Jan
65
May
19% July
44% Jun
12% July
28
1% Jan
5
13
Jan
32% Nov
Aug 14
6% Jan
par
May
Jan
'
17
*146%
*120
~9%
7% Jan
25
Preferred
*13%
20
Sep
X87
29% Apr 27
109% Jan 27
1
69 Va
:
165
3
9% May 11
par
Chem
Int Nickel of Canada
580
18 Vb
18
class A
&
International
125
17%
17%
par
International Mining Corp
74
*120%
17%
6
71% Feb
100
40%
40 %
125
Min
preferred
80 Va
*72
„
4%
24
*29%
24
*17%
—— •
29%
16
*9%
96 3/4
29%
*23%
35%
v:
£(*99
31
*15%
17%
18%
112
9%
16
18%
17%
35%
•
3*110
~9%
24%
*8%
17
v
35%'!/
5120 %
22%
17%
39%
9%
9%
*120%
18 Vfl
*141%
96% 4'
20
125
17
38
■
80%
21
*23%
*36
39%
*13%
%
*120%
*21%
<=13-'
*17%
17
23%
*
17%
*17Vb
111% v'
96
23%
69
80%
*20
-V
/
*99
69%
*15%
.
17%
35%
111%
23%
*29
*120%
18 Va
*141%
23%
20
73
13,200
Int Hydro-Elec Sys
International
46
80%
*44%
41%
73
18%
18%
*79
9%
41%
74 Vb
17
*68%
20
41%
*17%
35
*109%
41%
*72%
*16%
—
79 %«
46
74 Va
17%
40
*141%
78
*44%
413,8
125
17
*99
*120%
2,100
82%
79%
125
5
/,
82 %
44:%
*72%
5
200
x82%
44%
"41
,73%
83%
46
8
3
Mar
31% May
48
4
3% Aug 23
18% Jun 30
400
3,300
300
*44%
Jun
88% Jan
158
16% May
Jan
Jan
11%
42% July 12
105
Aug 29
106% Sep
5
4
3 Vb
17% U
Jun
18%
175% July 11
Harvester
Jun
37
16% July 11
19% Sep 21
28
12,600
45
;Jan * 4
Jan
"
5
165% Jan
19%
45
100
par
_100
Preferred
30%
79
8
8
19% July 10
Jun 26
67% Jun
100
240
International
2%
10%
29% Aug 25
44
25
137%
80%
3
4
67% Apr
19%
*79%
3
par
29%
80 %
25
8
__lVo
*134%
77 Va
Feb
10% Jan
Aug
29
19%
'
Jan
6
154% Feb
174%
*3
9%
11
11% July
2% May
par
134%
%
Jan
No
19%
*9
4%
Int
19%
9%
29% Mar
200
134%
9%
Jan
27
*132%
19%
9%
Jan
Jan
6% Jan
19%
*9%
%
4%
par
4,200
Jan
22%
4
24
1
Machines
Nov
9% July
41% Apr
6
No
Business
July
68%
16% Aug 23
4
14
preferred
57% July
114
5
28
28 % July
No
19%
9%
2% Jun
10% Jun
4
Interlake Iron
83
■134
11
12
30'A
37% July 10
Jan
Jan
Mar
59% Aug
3% Jan
8
21
35% Apr
No
1
13% July
1% Jan
20
Corp
Sep
70% July 11
par
No
44
105
69% July 10
114
Intercont'l Rubber
83
134% "
July
1,400
79%
16%
5
Sep
July
17
179
*72
29%
45
Jan
Jun
3,800
,
19%
19
.82%
*9%
*118 %
3 %
Jan
9%
25 % Jan
46
Jan
Insuranshar^fs Ctfs Inc
6%
36%
8% Feb
100
Co
Interchemical
17
18% Aug 23
9
*173%
72%
:
150
V
7%
79
16%
72%
%
%
*177
174%
72
7
co
8%
80
16%
.29%
19%
*
179%
72%
16%
*71
5Va
83%
8%
7%
9%
29%
19
8%
45
25
Inspiration Cons Copper
36
Apr
'
No pa*
11
Steel
17% July
Aug
15% Apr
No
12%
42%
par
-
Jan
Jan
No
A
10%
29%
83%
preferred
11%
X78%
%
72%
5
$4.50
40% July
7
31
No
Ingersoll-Rand
6% preferred—
Jan
28%
Aug 15
Apr
1% Jan
3000
10%
178
3%
*3
16
A
11
7%
174
*71
series
10%
9
.
178
174
ctfs
10%
111%
111%
8%
*176
See
25% July
3
6
100
Indianapolis Power & Lt
Industrial Rayon
21% May
Jan
47% July 13
100
4%
Inland
*8%
7%
30
::
RR
lines
1,100
*35 %
8%
400
-a'.
Leased
Aug
Jan
16%
17
100
Co
118
'
14%
1
22% Mar
20
RR
31
8%
111%
500
104%
'■
Central
preferred series A
81
35%
7%
1053«
*104
*164%
6%
July
4
30 % Feb
1
83
*8%
8%
*104
;
200
Illinois
Jan
Jun
71
117
Feb
100
Idaho Power Co
100
«:■
Jun
7% Feb
No par
No par
Hupp Motor Car Corp
Jan
Dec
Sep
Jan
63
100
preferred
83
35%
112
105%
38
Manhattan
83%
8%
7%
*37%
&
non-cum
83%
36%
8%
3,400
5%
Hud Bay Min & Sm Ltd
Hudson Motor Car
83%
*3%
108
5
82%
;■
*35%
*111%
*103%
38
20
19%
Hudson
'
Co
10%
83%
10%
;
*37%
14%
19%
165
103%
165
38%
105%
1,600
'7,800
*13%
104
165
*102%
4162%
*38
*104%
54!
___100
*1%
*35%
28
preferred
x32%
*1%
14%
:■
5%
49
87
136% Aug
115
Jan
6,900
26%
14%
4%
4%
90
Dec
29%
3
13% Jan
10%
33
147b
par
No par
10%
32%
14%
May
Class B_
Household Finance
10%
33
1%
Jan
42
Houston Light & Power Co .-.No par
Houston Oil of Texas v t c
25
33
9
39
1,900
33
*8%
12.50
68%
33
*1%
18
117
No par
Houdaille-Hershey cl A
Jan
17% Aug
13
Homestake Mining
500
•
73
128
13% Jan
23
Apr
Aug
19
6
25'% Aug 31
Feb
71
'.172
Mar 10
Jun
23% July 11
47% Sep
5
13% Jan
Jan
Jan
Jan
123% Sep
10
«...
-
12%
2
116
68%
32%
9
2,800
V
89
Apr 24
—
56%
152
25
J.Q0
10%
32%
*8%
-
27% Feb
20% Jan 21
36% Mar
4
No par
68%
10%
*1%
115
.
24
114
1
"68%
69
10%
•26%
27
Holly Sugar Corp
7 % preferred
17%
10%
1%
Apr
19% Feb
1,000
44
:
W
July 17
17%
44%
10%
26%
73
17%
43%
*113 Vb
3
5
44%
113%
Jan
20% Apr
10
44
68%
63
(A)
44
113%
68 %
134
(Del)
17%
*
18
No par
No par
preferred
—
25
Ang 14
Jan
Hollander & Sons
44
22% July 10
75%' Feb
166
75
200
44
6
Mar 11
128
16%
44%
3% May
110% July
100
Holland Furnace
•
Jan
par
985
*115
10 '% May
Jan
No
45%
17%
Dec
1%
93%
par
16%
■
6
7
No
preferred
conv
14
160
10
68
17%
68
Motors
Hlnde & Dauch Paper Co
Hires Co (C E) The
44 %
10%
9
,100
•
44%
.
6%
20% Sep
100
I per share
May 24
8% Aug
108
Highest
t per share
9% Jun 29
Mar 13
63% Jan
25
preferred
400
.
*42 7a
44%
45
•
W)
non-cum
$4
•
24%
24%
*45
%\ '
(G
7%
122
*119
*23%
*16%
£
1
Hershey Chocolate
*22%
10%
*8 Va
70
22%
10%
*1%
*68%
20
24%
10%
17 b
131
122
Helme
166
22%
17%
_
132
*67%
*162
*23%
24
*115
'
*130%
71
*119
122%
*120
132
*67%
70
*67%
81
*130%
130%
Jr.;
74
,.•*72%
99
15
166
*24
26'A
Co.
74
166
*119
67%
Hecht
*72
22%
*113%
900
20%
25
Co
Lowest
$ per share
6% Apr 28
2% Jan 28
?
Glass
74
v
J per share
1
Corp
166
24%
*16%
*20%
Hayes Mlg
Hazel-Atlas
260
*72
122 Va
*68
9,400
:
105%
*162
*24
44
6%
Hayes Industries Inc
75
♦21%
43%
20%
700
166
*119
*43
6 %
*105
Par
*70
*67
17%
8%
Year 1943
Lowest
Shares
*162
70%
16%
6%
105%
20%
20%
*8%
%
Range since January 1
Highest
V/r* EXCHANGE
75
81
45
105%
105%
20%
8%
6%
6%
6%
105
20%
20%
8%
8%
S wr share
Range for Previous
YORK STOCK
166
*21%
132
"67'/4
20%
20%
21'%
*130'/2
6%
105%
$ per share
NEW
the Week
Sept. 22
*71
166
21'%
6%
105%
6%
106
8%
8%
Sales for
Friday
Sept. 21
f per share
share
8%
STOCKS
Thursday
Sept. 20
;
*162
74%
*162
* per
share
PRICES
Wednesday
Sept. 19
Sept. 18
t per share
HIGH SALE
AND
Tuesday
Monday
Sept. 16
Monday, September 25, 1944
Jun
Jun
July
Jun
Dec
43 %
Dec
8%
Jun
41
July
71
July
73%
Jun
Dec
182% Aug
31% July 10
227/a Jan
28% May
43 Va Mar 16
24
Jan
34% Jan
44
May
43
July
427/a Jun
27
*
per share
18%
*18%
19
27%
*27
27%
19%
33%
19
19%
f 19%
20%
Liquid Carbonic Corp
19%
20%
63%
63%
63 %
63%
63%
63'A
63%
48%
48%
49
48%
48%
49
49%
700
48%
10%
10%
10%
10%
34
34
34
34 1
34
34
33%
10%
33%
1,600
33%
10%
33%
10%
10%
10%
19
19%
19%
19 %
19%
19%
19%
19%
19%
*159
160 %
160%
160%
160%
24%
24%
24%
82
,/'
82
24%
81%
Loew's Inc
1,100
.
(P)
Lorillard
2,400
'
preferred
7%
40
Co
160%
160%
24%
24%
24%
84»
84%
84%
500
Louisville & Nashville
*29%
30
30
200
MacAndrews
24%
24%
24%
85
*83%
I,
21%
Nov
25% Mar
68% July 10
42%
Jan
64'/a July
52% July 10
12
Mar 21
37%
Jan
51%
6'/a
NOV
11 % May
36% Sep
18'/a
Jan
31
Oct
20% July 13
16 y4
Oct
21%
Jun
Sep
6
148%
Jan
24% Sep
19
15%
Jan
22% July
90% Mar 17
59%
Jan
79
20% Sep
19
1
May
«
8% Jan
•
'
3
Jan, 3
28
17% Apr
29
Jan
5
20% Jan
12
69% Jan
3
151
No par
100
Louisville Gas & El A
4,900
21% July
Jan
12%
7
40% Feb ,24
25
10
100
Biscuit
Loose-Wiles
;1,100
I
Jan
15%
13
58
No par
No par
No par
.
Long Bell Lumber A
12 '/8
29
14
18
_1
Cement Corp
Lone Star
*83
*159
160%
*159
24%
83
/
.22% May 17
Sep
14% Jun
.
$ per share
share
per
19% Jan
No par
Lockheed Aircraft Corp
48,000
20'A
62%
62%
82%
*82
20%
.
Lion Oil Refining
1,100
.
19%
:
161
24 %
20
27%
$ per share
$ per share
No par
Co
1,100
18%
27%
48%
19 Va
*159
*27%
18%
27%
18%
27%
19
i
10%
33%
»18%
27%
19 la
49
10%
18%
27%
10%
63%
*48', a
19
19
27%
Highest
'
;
Par
Shares
share
$ per
J per share
per snare
Year 1948
Lowest
Lowest
EXCHANGE
the Week
Sept. 22
Sept. 21
X62%
f 48%
19%
*63%
$
snare
per
*18%
28%
27%
.
9
snare
per
Sept. 20
Range since January 1
1 *
Highest
STOCK
YORK
NEW
for
Sales
Friday
Thursday
Wednesday
Sept. 1!)
Sept. 18
Sept. 16
$
Tuesday
Range for Previous
STOCKS
PRICES
AND HIGH SALE
LOW
Monday
Saturday
1307
FINANCIAL CHRONICLE
THE COMMERCIAL <5:
Number 4319
160
Volume
July 11
163
1
Jun
Jan
163% July
July
M
145
*41%
42
41%
41%
28%
28%
28%
28%
*16
16%
*105
106
17
17
16%
8%
12%
12%
12%
23%
23%
24
8%
17'/a
17%
16%
19%
9%
16%
16%
16%
16 %
11,900
19%
19%
19%
.15,800
9%
9%
9%
9%
3,000
—5
Midland Corp
St Ry 6 % prior pfd— aoa
Marshall Field & Co—-——No par
1
Martin (Glenn L) Co
Martin-Parry Corp.,.
No par
44
43 %
43%
43%
43%
1,600
Masonite
16%
19
19%
19%
19%
9%
9%
x9%
9%
9%
*174
*57%
58*%
58%
58%
58%
9%
9%
9%
9%
9%
9%
9%
38%
38%
28
19%
31%
18
18
*17
31%
*52
25%
24%
24%
24%
24%
24%
*102%
103%
102%
110%
*110
100
*99
*80%
86%
86%
*35%
51
*50%
13%
33
*33%
34%
50%
*50%
6%
6%
24
24
*36
37
X133
133
133%
24
36%
36%
135
*133
*40%
*108%
*108%
<r~
*110%
in
*107
108%
*107%
108%
3
12
88%
35%
35%
300
13%
*13%
13%
1.000
51
50%
.50%
50%
(.'50%
140
34
33
33
*33
35
34%
34%
34%
*33%
34%
*50%
*32%
34%
6%
7%
7%
24%
24
24%
35%
35%
34%
34'%
134%
135%
135
135
'34%
>
49%
49
49'%
49%
42%
42%
41%
41%
41%
41%
*110%
111
108%
7%
*18%
18%
*108%
*108%
*108%
111
•
70
~7%
*102
105
*103
19
19
19
19
18%
200
M
2%
2%
2%
2%
12%
12%
12%
12%
12%
12%
35
*35
36
500
*20
20%
400
85'A
800
36%
*35%
36%
*35
35%
35%
35%
*20%
20%
*20%
20%
*20'/a
20%
20%
*83%
84
83%
84%
85
85
85%
84
85%
117
*116
117
119%
*117
120
30
*112%
113%
*112%
113%
*116
117
116
*118
120%
119%
119%
*118
120%
*118
120%
*112%
113%
*112%
113%
*112%
113%
50%
51%
51
51%
51%
52
51%
51%
37 %
38%
38%
38%
38%
38%
*38%
39%
25%
25%
23%
X22%
113%
51
38%
*
119
25
24%
24%
25
25%
25
25%
25%
23
23
23%
*20
22%
20%
23
*20
20%
23
20
*20
22%
20%
22 %
*31
32
*30%
32
24%
22%
8%
8%
97%
97%
97%
*20%
20%
30%
30%
30%
9%
9%
9%
9%
9
97%
a
76
*75
*114
12%
115
12%
*20%
21
76
*114
12%
*50%
52
*50
52
*112%
13%
13
12%
12%
76
*75
75
115
31%
97%
21%
76
200
12%
4,200
13
*50%
53
12%
53
*50'%
200
115
*112%
115
150
75
75
3,400
21%
*20%
12%
13%
52
9%
97%
Myers (F E)
113%
Oct
Mar 20
55% July
.6
38%
Jan
29
Sep
16% May
50% Apr
25% July 10
14%
Jan
25%
Jun
6%
Jan
11%
Sep
1
Apr 18
Feb
9
Aug 11
104
13% July 1.0
Aug 31
114
103
16% Aug
Jan
10%
Apr
8
67%
Jan
89
Feb
60
Jan
78%
37% July
3
27
Feb
4
15 '/a July
11
Jan
12% July
4
52% Aug 22
25
Jan
42
39
23%
Sep
Jan
34%
Apr
5%
Jan
9%
Apr
3
31% Apr 28
'; 8% Jan
6
,
4%
37•
Jan
25 '
•
Mar;* 1
Jan
3
35% Aug 22
Apr .25
J..; 8 % July 5
•
27
?
.
6
115% Aug
22
Jan
100
4
7
Feb
21
Sep
Jan
70
; .*
101
9
Sep
88% Sep
82
par
Jun
;
19% July 20
12% Sep 20
8
Jan 7 3
8.
„
Aug 10
26
Sep
34% July
July
32% Mar
23% Sep ,14
28% July 10
18%
Jan
30%
27% Jan 13
39
20'/a
Jan
317/a
106%
Jan
128
July
5
15
107
Feb
110
Apr
Mar 17
107
Nov
113%
Feb
3
Jan
8%
Jun
( 46
4
Apr
,
21
58% May 29
421/4 July
36% Apr 26
110% Jun
Mar 13
105
Aug 23
135% Sep
4'
116% Jan
112
108% May 22
107% May 22
5
9'/a Jun
23
Jun
30
64 %4
Jan
98
July
23% July 10
13%
Jan
25
July
%
Jan
19
13
17% Feb
5
2% Jan
3
4% July
5
8 % Jan
3
16% July
8
3% Jan
3
39% Jun
26
17% Jan
6% Jan
29
.20
vJan
111
87% Sep
Jan
74% Apr 25
111% May 22
117
114% May 17
107% Jan
5
100
10
No par
V
113
119
121
106% Nov
Aug 29
52
114% Aug
33 %
1
Sep
92% Jun
Dec
116% Dec
7.
July 14
Jan
f 30
31%
July 15
40(
11
13
Mar
Apr
50
July
39% Oct
Jan
27%
17
Jun
11 '/a
Jan
18%
28
21%
Jan
31
Mar
10% Aug 17
2%
7
Jun
Jun
3
24% Jun 27
16% Jan
7
23
26% Apr
19
4% Jan
4
Jan
4
July 10
33% Jun
I
Jan
Jan
9'/a
15% Jan
72
Ap-
30% Np7
'
21% Jan 11
—5
1"
1
No par
No par
No par
113
41% Apr 26
No par
11%
Dec"
75%
5
24
119% Sep
35% Jan
3% Mar
23% Aug 11
May 20
20
Sep
Jun
108% Jun
93% Jan
50
& Bro
'
Jan
Sep .21
.,
Jan
Jan
19% Jan
8%
,
10
Corp
Motor Wheel Corp
Mueller Brass Co
Mullins Mfg Co class B
$7 preferred
Munsingwear Inc
Murphy Co (G C)
4%% preferred
Murray Corp of America
500
9%
& Essex
11%
104
22% Aug
17% Sep
1
No par
Motor Products
31%
*97
*112%
114%
2.700
200
*75
21
23
20
97%
97%
21
75
115
*114
*50
52
*50
*20%
*75
20 7
20%
97%
21
Morris
20
*20%
97%
97%
200
1.430
31%
9'A
*30%
8%
39%
25'A
20
30%
8%
7.500
51%
51%
*38
Sep
Jan
6
-
No par
Preferred series B
—No par
$4 preferred series C
No par
Montgomery Ward & Co—No par
Morrell (John) & Co__
—No par
30
*116
117
117
117
*116
85
110
12%
19% July
109
—
Oct
Jan
100
32% Sep
,100
preferred series A
Carpet Mills
Monarch Mach Tool
Monsanto Chemical Co
$4.50 preferred ser A
Mohawk
36
27
103
1%
4.700
12%
11%
20%
20 %
*83
116
Mo-Kan-Texas RR
2.100
3
Corp
Feb
29
No par
10
No par
preferred—!
$6.50
21%
7 % May
Feb
10
cum
Mission
1.000
19 '/a
2%
3
*2%
2.400
104%
7%
7%
7%
104
104
111
*110%
*108
108%
108%
7%
7%
llL
*110%
108%
*107
1,600
•
8ep
I'
Jan
Apr
97
Steel Products
No par
1st preferred
100
Minneapolis & St Louis Ry—No par
Minn-Honeywell Regulator
3
4 % conv pfd series B—
100
4%% preferred series C
100
4% preferred series D
100
Minn Mollne Power Imp!
1
400
49%
42%
Aug
60
2%
47 v
Midland
120
135'%
*134
49%
*20
50%
900
176
Jan
14
—5
.>10
Mid-Continent Petroleum
49%
*35%
*37%
Miami
'2.800
27% Mar
Jan
27,
21% May
No
July
37
13
-
Jun
43% July
32
165
28
21
13
23
16
-50
i
Copper
-3.400
8%
Jun
112% Apr
Jan
109% Feb
:s
35'A
.
28% Aug
,-1
(The)
1st preferred
Mln Trans Co
Machine Co—.
Mesta
500
110% Aug
5
par
1—1
'—No
7'/a
24
7%
&
7
19% Jan
6
Sep
7%
Jan
Jan
19% Nov
106% Mar
-10
cony
Merch
200
-
—
Mengel Co
5%
1
Aug
60
Apr
22
22% Sep
176
4
18%
31% May
20
2
Jan
Jan
-
3"%
9
Jun
32% Mar 10
—No par
No par
24%
7
24%
35
*112%
210
35%
103%
12%
12%
88%
13%
7%
3
3
3
12
88
11% Aug
3
.100
Co
preferred series A
$5.50 pfd ser B w w
Melville Shoe Corp
*35%
103%
18%
18%
18%
*18
88
Mfg.
May
.100
preferred
preferred
$6
30
»
13%
135
108%
105
*103
105
7%
7%
7%
7%
*103
99
35%
*110%
111
99
88
*108%
*110%
100
24%
.
41
41
41,%
*40%
*99
6*%
*48
49%
*48
49%
*48
12%
99
36
33
35%
23%
24
51o
24
11% July
'44
July
par
conv
Mead Corp
16.300
13%
6%
6%
11%
.
Dec
4% Mar
:—l
Stores Co
July
14%
Mar
-18
No
*17,
20% Mar 27
9
1
1
10
10
29
21
1
—
Jan
3
par
.—5
No
9%
52% Feb
.100
—
McQuay-Norris
200
12%
36
34%
34%
35
17%
12
*87
51
*32%
32%
*34
.*17
12 %
13%
13%
32'/a
*32
17%
11%
36
*35
35%
50%
,
13%
87%
87%
87%
35%
*12%
36
13 %
6%
50
17%
17%
McLeiian
300
:
107
17%
99
100
*99
100
*99
12%
11%
11%
11%
11%
11
*103%
103
103
17%
*17%
12%
preferred
$4
700
103
*12%
12%
12%
12%
5.50G
3 %
19% May 2
Hi
Co
McGraw-Hill Pub Co
Mclntyre Porcupine Mines
McKesson & Robbins Inc
2,700
-
Corp
Sep
Apr
4% July
6% July
17% July 10
51% May 17
!
Jun
12.
19%
1
if -8% Jun 27
21 r May 17
29
170
*
McGraw Elec
200
18
25%
103
110
McCrory Stores Corp
5% conv preferred w w
900
52%
24%
103%
McCall
600
)
31%
52%
52%
25
*103
103
12%
*103%
110
*104
17%
*17'/a
17%
*17%
12%
*12%
12%
110%
*17%
53
103%
*12%
18
17%
18
53
24%
*109
31%
*17
103%
12%
31
18
24%
12 y2
31
31%
116
53
52%
52%
52%
31%
19%
116
>111
*111
116
*111
116
•
200
27
*18%
19%
19%
19 %
*26%
27
*26%
27%
27
Jan
4
;
par
No
1%
5
par
No
$6 1st cum
Aug 10
25% May.
par
preferred
preferred
$3
200
41
*110%
Jan
4
3
4% Jan
-10
A&aytag Co—
2,600
9%
*38%
41
800
Jan
14%
Mar
8%
Jan
6%
5
37% Apr
.100
1%
3%
5
24% Sep
Dec
24% Mar
13% July 17
5 '•
16% Jan
,
9% Sep
15%
320
27
6% Jan
13% Apr
par
No
Wks
preferred
May Department Stores
Mathieson- Alkali
20
58%
9%
9%
*110%
__
2,200
Nov
14 !
24
% 12% Jan
per
1
No
Corp
Elec Co
Master
ioo
■/
176
58%
58%
*48%
41
*19%
19
103%
24%
*103
.
*111
*31
*17
52%
27%
31%
*31
*110%
18%
116
*111
*38%
__
*27
*27
*18%
116
41
*38%
>110%
110 %
;
21%
21%
176
176
*174
27
*26
21
20%
21%
176
58%
19%
52%
21%
27%
*26
27%
*26
*174
176
•
43%
*57%
28
31%
21%
21
21%
*18%
*17
27%
*26
27
176
*27
*111
44 %
43%
19%
.
Nov
2% Jan 19
v
Market
19%
*110%
—1
Marine
16%
*
Maracaibo Oil Exploration
7,300
:3,570
9%
9%
700
7"%
17%
19%
39
Manhattan Shirt
17%
16%
9%
800
Jan
15
24
18% Feb
*3%
16%
13 %
39
21
A-- 7%
16%
58
Jan
7%
16%
58
23%
10
315
Sep 21
18% July 5
Jun 21
6% Apr
Jun
30% July
17
10% Feb
315
37%
'•
391
par
-25
No
5%
16%
:
Bros—
7%
17%
21%
Sugar
Mandel
3%
17%
*25%
9
73/
17%
16%
*174
12
3%
17
21%
Jan
7%
16%
26%
Jan
14% Jun
3%
16%
44%
19%
July
July 28
107
6
Jun:
—1
Manati
300
3%
38% May 27
1
14
7%
16%
.
Jan
X26% Aug
-50
1,600
13
23'A
f
3%
7%
21%
24
'
par
RR Co
Co
Mahoning Coal
28
..10
No
Copper
Magma
133
44% July 10
,104
7%
3%
7%
26%
400
1,700
29% July 21
139% Aug 11
100
3%
*3%
*174
300
•
17%
16%
21
34%' Jan 27
per
*12
12%
24
13
7%
44%
12%
>24
3%
44
No
*343% 350
8%
8%
9
9
g
In2
'23
7%
*43%
No
Co Inc
4 % % pfd series A
Madison Square Garden
16%
350
*343%
450
*350
450
*350
8%
9%
Mack Trucks Inc
Macy (R H)
*17
16%
"3%
>.
1,100
4,400
106
106
17
16%
8%
*23
23%
loo
*16
ie%
16%
16%
450
■
106
16%
,
12%
13
*23
106
42%
29
29
May
138% Nov
Jan
6
Feb
135
par
20%
25% Apr
A
.100
29%
42
29
8%
8%
*12%
42
29
16%
16%
*350
450
*8%
42
*105
106%
16 %
16%
*350
42
-10
Forbes
&
preferred
6%
145
*138
145
28%
41%'
*16
1,6%
•
*138
23%
*105
106
*105
•1S*
145
>138
145
*138
29%
*29
29%
*29
29%
*29
>136%
*29%
Jan '
Jun
6
53
Jan
77
3
15
Jan
23%
Aug 17
98 r
62
Apr
79%
111
July
Apr
Sep
20
Aug 12
24% July
70
May 24.
79
116% Feb
24
112% Apr
11
8% Jan
3
14% Aug 24
43% Jan
5
50% Aug
1
% Jan
v
10
117
5% Jan
Jun
Sep
Aug
11% July
34'/a Jan
44
Feb
N
*
%
%
%
*%
%
%
%
15%
16%
16
16%
16
15%
15%
16'A
18,200
15%
15%
15%
32
32%
32%
33%
32%
31%
32%
31%
33%
32
*32%
*31%
17%
17%
17%
18
17%
17%
18
17%
17%
17%
17%
*17%
10%
10%
11
15%
350
1,900
Nat Automotive
10%
10%
*10%
10%
10%
10%
12%
12'/a
12%
*11%.
400
11%
12%
12%
11%
12
12%
12%
12%
12%
12%
12%
12%
*12
t 2,200
*12%
12%
12%
12%
12%
22%
22%
22%
22%
22%
22%
22%
22
22%
8,500
*171
176
*171
176
*171
19%
176
31%
20
*13%
13%
13 %
13%
31%
31%
31%
31%
10%
10 %
10%
10%
12%
12%
12%
13%
13%
33%
33%
33%
33'%
'33%
10%
10%
10%
10%
12%
12%
12%
12'A
24%
24 %
24 %
24%
17%
177/a
18
*11%
12
17%
17%
12
*11%
12
35%
34%
35%
32
33%
*30
3i.y
31
12%
12%
12%
12%
96%
*95%
96%
*95%
24%
23%
24%
23%
175
175
*175
176
*150
153
*150
17
*17
*19%
20
20
*32
33
*95%
23%
176
153
v
:
32%
*32
12%
97
*150%
-
17%
20
*
*175
153
17
*17
20
*32
6%
34%
*30%
13
12%
*95%
24
13%
12%
17%
*11%
13%
10%
17%
12
13%
32%
17%
32%
13%
10%
24
33%
*19'/a
12%
24'/a
33%
19%
32%
23%
*31%
19%
17%
20
32%
6%
23%
*175
150%
*17
20%
*32
6%
97r-:
13
*95%
96%
23%
23%
<
23%
*150
151
*150
151
17
17
*17
20%
20%
32%
32%
32%
20%
20%
6%
6%
66
14
25
25%
25
25%
25%
25%
25%
85%
85%
85%
85%
*85%
86
91%
*89
91%
66
67%
;
*32
6%
6%
66
66
14%
14%
25%
14%
14%
25'A
25'A
85%
*89
85%
9%
9%
9%
9%
9%
9%
9%
9%
9%
9%
10%
10%
10%
10%
10%
10%
10%
10%
10'/a
10%
16%
16'/a
101%
*60
*107%
28
16
16%
29
102
101%
101%
103
103
*102
64%
*60
64
*60
108
108
108
65
108
28
14%
106%
43
footnotes
*60
16%
16%
28%
*28
14%
For
16%
28%
28%
17%
43
16%
*27%
17%
*106
16
16
28
103%
64
\
*28%
*103
62
29
*28%
:
103%
103%
*59
62
*107%
28%
28%
28%
28%
29
28%
Xl7%
18%
18%
18%
18
18%
15
14%
15
15
111
106%
14%
14%
*106
110
♦43%
see
page
44 %
1311.
*14%
*106
44%
44%
45
106%
45
*106
*43%
15'/a
110
45
9%
10%
.'16%
29
103%
62
29
2.300
'»
18
18%
3.600
15%
2.500
'
*106
44%
106%
45
No par,
No *-10
par
par
y. .
100
600
85 conv preferred
New York Air Brake_^
8%
19
176
July
162
8
23
i
July
176
Sep
21%
8% Jan 3
;t' 26
Apr ;18
17% Apr
18
5% Jan
10%
Sep
Dec
;;>■
13'/Wan 29
11% Jan
26
9
*
19
100
164
,141
13% Aug
14% May
12
Jan
Jan
11%
Jun
Jun
14
70% Jan
90%
Nov
25% Jun
>
27
'
23
Jun
34
Jun
7 '/a Aug
Jan
178% July
Jan
150
Jun
14%
Jan
22
May
27
Nov
36
Jan
4
4
6
10
89% Aug IS
93% July
10 % July 20
11% July 12
■: 137/8 Jan
3
18% July 11
Jan
4
31
96 Var Jan
12
Jan
4
22
;
July
5
103% Sep
22
66
Jun
23
107% July 13
110
Jan
22
27% Apr
4
32
July
16% Apr 24
22
July 10
>_1
13
8
16
July 12
56
Jun
Jan
5
35 % Apr
25
97
106% Sep
5
20
50Va Aug 22
Dec
7%
Jun
Jan
64% July
Jan
15% May
14%
Jan
28%
Jun
57
Jan
80%
Jun
62
Jan
88
Jun
.
7
3
Mar
20%
5%
30% Mar 16
,
4
5% Jan
9
52
July 20
17% July 10
Sep 16
83 %* Jan
2% Jan
70
5
11% Feb
25
(
Jan
28
7
Sep
14
27
5
29%
137
13
22% July 17
19
-
•160
152% Sep
5% Feb
•'
6
179% Aug 21
17% Apr
'{' 79% Feb
Dec
17%
100
7 7
.
Dec
26
5
14% July
Jan 188
57% Feb
Sep
12
Jan
,33% Jun
5
'
(
15%
36
*25 %
28% Apr
par
—4
21% July
9 % Mar
37% May 24
'Feb 25
Jan
(V 6% Jan
Aug
3
Jan
14%
3
Mar 15
20
Jan 25
Feb
9% Jan
13% July 10
xiey4 Sep 14
—1
29%
Nov
24% Aug 17
_
87% Jan 11
par
>10
Jan
10%
5
i
f; 30% Feb
,
18%
23% Aug 21
14
Sep
Xll% Feb .11
19%- Jan
3
v
"
Jun
33% Aug 31
—1
No
Jan
16% Nov
1
Dock. par
No par
13% July
Jan
15% Jan
23% July 12
-10
A
Newmont Mining Corp
Newport Industries
Newport News Ship & Dry
12% Jun
Dec
19
.100
Service Corp—.
Si/1 Cast Co
No
5% preferred series
11% July
*12% July
1
Feb
xlO
par
„
-
Jan
8% Feb
13
20% Jun
III
»
90
5%
13% July 12
17
-
108
15%
par
No
•
'
28%
29'/a
17%
108
66
90
par
-10
National Oil Products Co—
par
6.600
National Power & Lt
No _25
11.400
National Steel Corp—
-10
3^600
National Supply (The) PaJ
-40
2.200 *'•
*2 conv preferred
_10
270
5%% prior conv preferred— 100
100
6% prior preferred
J
par
*-2.700
National Tea Co
No par
3.500
Natomas Co
„
No par
'■ 3.200
Nehi Corp
—No
1
300
i Nelsner Bros Inc
100
90 V
4% % conv serial preferred—.
par
100
Newberry Co (J J)
-No 100
107%
108
108
28%
*17%
*107%
6%
■
Apr
13% July 10,
4
Mar
18
National Linen
I Nat Mall &
19%
8
9% Jan
165
6% preferred B—:
30
3
20% May 18
.100
i
preferred A
Apr
■■2 10% Jan 31
10
100
32%
."85
90
:
600
85%
91%
7%
200
14%
—
6%
Jun
40%
Jan
.—5
No
15%
Jan
5
9
...10
—
Feb
Jan
M28
Jan
137/aJan
i
10
17%
25%
10%
28
10
4,000
20%
*25
9%
*15%
100
3,100
97
23%
10,200
13
17%
14
•89
'
13
150%
66
91%
35%
34%
*30% ?32
—1
preferred
Nat Distillers Products
No
Nat Enam & Stamning
—No
/ National Gypsum Co—
$4.50 conv preferred
No
National Lead Co
—
(
;
* 176
14%
♦89
32
'*175
65%
91%
35
12
176
6%
85%
*11%
*175
14
85%
12
176
65%
*88%
18
13
13
6%
14%
18%
34%
24
14 %
*66
24%
*30%
96%
65%
•
24%
18%
18
35%
14
6 %
10%
12%
A *11%
32
6%
65%
:
'
24%
6% conv preferred
National Aviation Corp—
National Biscuit Co_
preferred
200
Nat Bond & Share Corp
1,900
National Can Corp
3,100 j Nat Cash Register
;
2,700
National Container
2,700 ( National Cylinder Gas Co
7,900
Nat Dairy Products—
2,700
National Dept Stores
20
19%
...
7%
176
*171
10%
'
24
*11%
176
22%
22%
176
'12%
23%
'
:
13%
13 %
♦19%
*171
22
*171
*19%
20
*19%
19%
12%
10%
10%
*12
Fibres Inc
1%
6%
23%
17% July
11%. Apr 24
.100
% Nov
5
37% July 20
19% Aug
1
tV Mar 30
-No par
Liquidating Co
Nash-Kelvinator Corp—
( Nashville Chatt & St. Louis—
National Acme Co
—
2,500
7
10%
*11%
>:
Nabco
700
%
%
.
2% Jan
7% May
6
Jan
10 %
9'/a
Jan
193/4 July
Jan
25%
16
74% Jan
37
Jan
106% Mar
26%
10 Va
Jan
Jan
12
Dec
94%
Nov
27%
Jan
Apr
Oct
98% Nov
57%
114
Sep
Aug
37''a
Apr
1S% Oct
21% Mar
102
May
44% May
THE COMMERCIAL & FINANCIAL CHRONICLE
1308
NEW YORK STOCK
AND HIGH
LOW
Monday
Saturday
S
f
share
per
17%
s
share
per
17%
17%
17%
•25%
26%
*25%
82%
82%
83%
25%
•25
15%
•15
38%
*36
17%
25%
82%
•25%
15%
•36
•160
18%
84%
85%
84%
84%
25%
25
25
200
n y
preferred series a
City Omnibus Corp.
16%
*14%
16%
*14%
15%
100
New
York
No
38%
*35
38%
•35
38%
38%
*164
170
*164
73
*71%
72%
71%
*71%
73
•16%
16%
16%
43%
43%
43%
44%
44%
200 V2
201%
201%
201%
53%
•104%
■>,-
72%
*72%
74%
*72%
16%
16%
16%
i 16%
46
46
202%
73
46
46
202
202%
119
•73%
n
n
46%
47
1,000
201%
119
203
740
18%
18%
18 %
18'/4
54%
54%
55
55
*55
56
53
53%
53%
*53
54
*53
54
12,600
9
*104 %
8%
9%
15%
9%
8%
*104%
*104%
15
15
15
15%
18%
9,900
*104%;:&'vs
15
15%
15%
*113%
114%
27%
•26%
27%
46%
46%
*46%
6%
6%
6%
6%
6%
*6'/a
6%
6%
*51%
54%
*51%
54%
*51%
54%
*51%
54%
•51%
13%
13
*12%
13%
13%
13%
13%
27%
27%
47
*113%
114%
27
27%
47
■
•113%
114%
27
£
27%
47
,
27
47
"
•46%
47
6 %
•51%
54%
•12%
*6
6%
13
47
13
>
*47%
48
13
32%
15
63%
Jan
July 25
28%
12%
77
4
.
19% Mar 11
47
Sep 22
206% Aug 18
Dec
Dec
132
Dec
Jan
54
Dec
Nov
26% May
>>
5
33% Jan
183% Jan
3
100
116 % Jun
29
Feb
122
Jan
23
38
July
162%
Jan
192% July
113
2
Jan
122
Nov
10
15% Jan
10
Jan
18% July
52
Jan
26
19% Aug 21
55% Aug 25
9%
50
49%
Jan
56%
50
51% Jan
27
54
48%
1
preferred series
5% % preferred series
7% Jun
9
9% July 10
100
Jan
4
xl3%Jan
3
112
Jan 31
18% July 6
115% Apr 24
North American Aviation
50
Northern Pacific Ry
100
120
Northwestern
700
Norwalk Tire & Rubber
17% Jan
Aug 22
15
Jun
14%
Apr
91%
Jan
7%
Jan
18% May
Jan
116% July
101
Dec
15%
Jan
36
Jan
x3%
Jan
52% Aug 17
16
Jan 27
31
Jan
45
8%
Jan
14% Oct
1
47
4% Jan
3
7
40% Jan
12
12'a May
Jun
56
-
Aug 18
July 5
37% Feb
2.50
Nov
107
x28% Aug 17
50
Norwich Pharmacal Co
Jan
8
104% Aug 30
No par
50
Telegraph
Preferred
2,050
May
Jan
Jan
3
100
pfd
26
Jan
6%
3
Northern States Pow $5 pfd-lVo par
Northwest Airlines
No par
»
198% Jun
May
16%
Jan
2,600
114%
1
19
14%
3
42% Jun
14% Jan
Northern Central Ry Co
13%
27
♦113%
18% July
22
52
6%
54%
13%
114%
74% July
—
1
7,600
6%
-
*113%
26% July
Jan
Jan
North American Co
400
Jan
31%
100
ry
non-cum
Jan
11
97% July 19
28'a Mar 14
3
10%
32% July 20
.
—
Co
I per share
20
129
Industries
Western
&
24% Jan
30% Jan
50
West Ry
Noblitt-Sparks
Norfolk
400
9
9%
&
3
Highest
i per share
21% July 20
>11% Jan 27
par
rr Co
4
Jan
62
No par
of dep___
Shtpbidg Corp part stk
y
Adjust 1%
18%
8%
Lack
y
119
18%
Dock
Harlem
Year 1943
Lowest
I per share
3
19% Jan
.;
*
100
Certificates
*117%
202%
*117%
660
1,600
74
55
18%
53
n y &
74%
16%
114%
•113%
•26%
V"
72%
6%
$5 non-cum preferred
20
73%
n y Chic & 8t. Louis Co
7,000
165
72
*117%
15
14%
15
165
44%
*53%
♦104%
—
14%
164
300
27
16%
119
9%
8%
164
*26%
27
'*71%
202
53
53
9%
*26%
16%
201%
18%
a
' 170
'
*117%
55
15% Jan
No par
*15%
*36
16%
•36
119
t per share
e—Ho par
100
*24%
*70%
9
Central
25
: *70%
•52%
York
85
*15%
170
17%
New
26%
16%
•53%
22,100
24%
16%
18%
18%
Par
26%
73
55
Shares
84%
73
18
Range slnee January 1
Highest
Lowest
25%
•71%
•54
Range for Previous
stock
26%
38%
•117%
18
york
exchange
85%
•71%
118
I per share
18%
new
26%
•16
•117%
17%
for
the Week
Sept. 22
I per share
18%
Sales
Friday
Sept. 21
83
*25%
•
stocks
Thursday
t per snare
18%
26%
*160
170
per share
RECORP
PRICES
TuesdayWednesday
Sept. 151
Sept. 20
Sept. 18
Sept. 16
SALE
Monday, September 25, 1944
8
23% July
/
41% Aug
i'j
6. v July
Apr
O
16
52%
*9%
9%
99%
15%
16%
52%
99%
23%
16
16%
16
16%
15%
16
15%
16
52%
52%
53%
53%
*52%
53
52%
52%
2,100
Oliver
9%
9%
9%
9%
1,700
100
Omnibus Corp (The)
8% conv preferred a
500
Oppenheim Collins
9%
100
11%
*11
16%
52%
*52
100
11
11
,
,/
23%
11%; 11%
23%
23%
23%
*155%
*155 %
41%
74
58
58
40%
58
12%
*72
100%
100%
11%
11%
23%
23%
23%
156
*155%
*40%
101 %
*100%
' 11%
.
23%
11%;'u:
'
23%
156
23%
3,900
*155%
41
*40
40%
*40
40%
75
*72
75
*72
75
100
58% '
13%
58%
14
59
14%
59%
59%
14%
14%
14%
60
59%
60
•13%
10%
10 %
490
39,
*38
39
*38
39
39
40
260
20
*20
20 3A
*19%
20%
*20
20%
20%
21%
150
16%
*13%
33
v:>
16%
33
33
43%
6%
6%
6%
*14%
15%
*14%
37%
6%
15%
5%
5%
5%
5%
31%
31%
31%
31%
•12%
13%
*12%
13%
*13
•46
47
•46
47
*46%
111
*110
111
*110%
•52
53
110
•1%
6%
"V
*14%
6%
"
6%
'
6%
14%
15
14%
6%
14%
v
6%
14%
5%
5%
5%
31%
32
31%
31%
13%
13%
13%
14
46%
46%
t.
:
goo
5%
32%
h
111
14
46%
110
4%
'
52%
*52
46
110%
4%
110
Pan
Panhandle
900
70
4%
2.200
4
*52
53
*105
100
5.60%
Paraffine
25%
16.200
6.000
Park
1%
*1%
2
1%
1%
1.000
Park
29%
29%
30
2.600
Parke
1%
1%
29%
29%
•
21%
*21%
21%
*21%
29%
>
21%
7%
*7%
7%
7%
7%
7%
7%
16%
•16%
16%
16%
7%
16%
17%
*17%
30
>21%
7%
16%
17%
21%
*56%
57%
*56%
57%
102%
102%
102%
102%
56%
102%
103%
103%
17%
17%
17%
17%
17%
\n%
18%
103%
17%
104
17%
18
13%
13%
13%
13%
103%
17%
13%
14%
*13%
14
4%
4%
4%
4%
13%
14
4%
4%
13%
4%
58%
58%
*56%
*17%
18%
.*17%
28%
*56%
28%
23%
*23
29
v
•23
23%
63
62%
•12%
13
*12%
13
13
13
56%
57
56%
57
56%
57% f;
'•13%
13%
14
*23
62%
13%
•72
74
*72
46
*44
*14
74
•44%
45%
•25%
*105
26%
107
*25%
>:
26%
75
46%
*25
7%
7%
7%
~7%
9
9
9%
4%
*110
29"
1.200
F'"> '
17%
200
—.
62%
62%
*12%
13%
*12%
59%
46%
46%
J. *25%
26%
46%
~7%
*9
9%
54
54
54%
55%
56
56
21%
21%
21%
21%
21%
21%
21%
14%
300*
200
*45
46%
600
26%
200
26%
*7%
9%
59
7%
300
53%
53%
53%
'53%
102%
102'A
102%
103%
103%
102%
103'/o
270
19%
19%
19%
19%
4.000
25%
200
•25%
119%
•118
19%
19%
*25%
25%
25%
25%
25%
119%
119%
119%
25%
26
19%
*118
33%
33%
92%
92%
*92%
♦107%
109%
107%
•113%
116
113 %
113'A
>113%
113%
•12%
13%
13%
*118
13%
33%
*12%
13%
115
*109
33%
*109
93
107%
115
42%
42%
12
*109
43
13%
42%
•12
33%
94
107%
12
42%
*12
34
25
25
25
25
*105
135
*105
33%
34
93
93%
93%
115
*12'A
25
135
135
4.200
34%
.
13
>
25
w-
43%*-..
*105
25 ■■■%>■.
135
16
Jan
8% July 12
20% Feb 15
600
par
Nov
May
60 % Mar
5
Aug 14
62% Aug 14
18% Aug 18
33%
Jan
45
13%
Jan
17% Mar
10
108%
Jun
25% Mar 17
31% July 17
23%
Jan
32%
21% Jan
15
25
May 31
17%
Feb
24%
Jan
4
64
Aug 17
46%
Jan
5% Jan
6
16% July
1%
Feb
Co
Ry
9
Mar 17
110% Mar 17
55
1
46
Apr
112
24
Jan
61% Sep
1%
5
22
28%
Jan
100%
Jan
3% Mar
Jun
113
Dec
6
*5%
65
*64%
*5%
6
*5%
65%
65%
8%
8%
78%
78%
79'A
79%
*78%
•12%
13%
•12%
13%
13%
9
*
•168%
*190
9
8%
168 %
5%
Jan
100
59% July
10% Jan
3
17% July 20
5%
Jan
54% Jan
4
88% July 19
34%
Feb
33% Jan
5
Jan
6
59% July 19
28'/a July
5
19
23% Mar
16% May
58% May
41% May
23
Feb
26% May
10 %
100
No par
preferred—™
100
Petroleum Corp of America
Pfeiffer Brewing Co
5
__
7
Sep
par
7% Jan
3
40% Apr
26
25
20'a Feb
14
preferred
6%
Jan
July 14
5%
Jan
62% Sep
July
8% Jun
22
24% July
5
20
50
49% Jun
3
54% July 10
37
Jan
88% Jan
5
103% Aug 30
68%
Jan
91
par
19
18% Aug
24% Oct
22
Dec
25%
Sep
26%
jun
No par
com
10
12
par
No
com
9% Jan
15
1
No
Co Inc
;
23% May 13
117
100
4.
Corp
3
Philip Morris & Co Ltd
May 16
21% Jan
Apr
82
Feb
July 28
119% Sep
26
24% Jan
10
26
3
3
29% Mar
x51%
%
*83
88
45%
*CQ
60%
18%
>17'
C
5%
*7%
<•
*83%
7%
July 10
94% Aug 31
13%
Jan
71.
Feb
Preferred
4%%
series
100
106
Mar 28
110
July 12
104%
Nov
113
*113
116
40
Preferred
4%%
series
.-100
108
Apr
115 '
Aug 15
109%
Jan
117%
Jun
July
July
*
14%
•>12%
13
25%
1
14%
115
200
>>
12%
200
*25%
135
43%
12%
>
■
25%
1.400
*105
>
5.500
135
6
Phillips Jones Corp
7%
43
25%
*105
14
*109
43%
11%
*74
78
16%
•21%
16%
•74
57%
*117
No par
preferred
Bncenix
No
Hosieryc
&
St
Louis
rr™
14
16% July 14
7%
Feb
14
19
113% July 13
48% July 8
79%
Jan
100
15
42%
Nov
50
3%
Jan
10%
18 Va
Jan
26
May
Jan
102
Jan
9
-100
Apr
4
23 % Feb
—25
—
105%
105%
8
*83%
90
47%
46%
46%
60%
61%
61%
62%;
18%
*17%
.
*173
;■
17
11%
.
17
77
22%
22%
10%
10%
10%
•10
>.
14%
14%
15%
14
14
14%
15
*9'
44
45%
46
57%
118%
16%
16%
99
14%
4^9
57%
*117
99%
106
57%
118%
57%
*117
46%
57%
119
■»\
14%
*14%
46%
57%
*117
23
14% July 15
28
July 11
102
—
710
650
18
100
"
-
400
46%
3.100
57%
2,300
46
57%
17
17
120
98%
99%
98%
99%
99%
105%
105%
98%
105%
107%
107
107%
109
16%
98%
10.400
99%
1.260
108%
109%
109
109
109
109%
106%
109%
117%
117%
117%
118
108%
108%
117%
117%
109 %
109%
-117%
117%
117%
117%
117%
116%
♦116%
117%
\
For
footnotes
105%
106
*104%
106
*22%
23
*22%
23
see
page
1311.
23
preferred
5%% 1st ser
class
conv
b
100
™100
a
pr
pfd
100
Pittsburgh & West Va
Co.
__5
5%
No
pfd
par
No par
182
Aug
Jan
Jan
10% May
10
59%
Jan
90
6
.
22% Aug
Jan
52% May
10
24
5
56
12
Dec
8% Jan
69
26
May 16
14% Aug
80
3
Aug 23
7%
Jan
Jan
1%
20
Nov
10%
Dec
74%
Dec
14
19% July 11
14% Jan
15
25
18
4
Mar
16% Mar
168
Jan
16% Sep
May 29
75
Jun
July
Jan
19 % Jan
:
6%
Jan
Jan
21% July
23% Apr
13
8% Apr 25
11% Apr 25
11% July
15% Sep
22
6%
Jan
13% May
11% May 17
15
Sep
20
6%
Jan
13
Jun
46% Sep
22
40%
Jun
50
No
par
100
35 % Jan
10
52% May 19
116
mar 25
8
24%
Jan
Jun
48%
Jan
58
12
114%
Apr
123
18% July 10
11%
Jan
17%
Apr
75%
Jan
96%
Oct
59
120
July 19
Jan
Sep
Feb
No par
13% Jan
3
No par
87% Jan
3
96
Jan
3
107% Sep
20
85%
Jan
104% Jan
4
110
13
96%
Jan
107% July
114% July
1.430
6%
preferred
100
360
7%
preferred
_100
8%
preferred
1.140
Jan
4
4%
1
(ser of Feb 1 '29)
Pub Serv Corp of n j
$5 preferred
170
Jun
5
Co Inc
1st preferred
conv 2d preferred
conv
Procter & Gamble
66% July
Nov.
150%
1
Poor & Co class b
5%
11% Jan
Jan
6l% Jan
.
100
Pressed Steel Car
99
14
168%
5
_100
(The)
Pocahontas
Sep
9% July
45
Sep 14
v,57% May 3
100
Young & Ash pfd
Plttston
82
Aug 22
6% July 3
Nov
100
July 12
Apr
3
119% Apr
10
108%
Nov
129"% July
28
119% Feb
15
113%
Nov
122
15%
15%
3
Jan
15%'
52% July 10
26%
15%
Pure Oil
114
22.900
Jan
113%
*113%
13
11
113%
No par
37% Jan
14% Sep
114
300
105%
100
104%
109% Jan
12
*103%
105%
113% Aug 25
104%
104%
400
103
103
Jan
15
107% Aug 14
92 Ys
Jan
22%
600
193/4 Jan
14
24% July 17
13%
Jan
114
*104%
190
3
168%
113% Jan
*113%
23
183
4
115 % Apr
47%
15%
106%
100
Mar
100
49%
15%
■
171
15-% May
No par
48%
15%
106%
25
Mar
77%
Feb
No par
49%
15
•22%
164% Jan
9
Jan
9%
Pub Ser el & Gas pfd $5
Pullman Inc
*116%
48%
15
*113%
100
15% July 10
Jan
12.000
117%
49
14%
114
4
7% May
68% Dec
48%
117%
48%
15%
*113%
117%
11% Jan
Jan
Dec
47%
117%
49
15
114
1
Feb
Apr
48%
117%
49
*113%
59
3
5%
17%
107
116%
5
5
Apr
Pond Creek
1.100
*117
5
May
6% Apr 25
300
37.000
120
July
80
4% Jan
5%
34%
10
25
No par
class
21
18
68% Feb
No par
preferred
Feb
7 % Apr
v
preferred.
23
10%
75
13
3%
/-
Plymouth Oil Co
15%
Jan
29
No par
Pitts Screw & Bolt™
700
15%
61
7% Jun
27
Pittsburgh Steel Co
17%
14%
Jan
No par
Preferred
*10%
15%
57%
1.500
*15%
15
46%
16%
*21%
10%
12%
77
:*74
«
5
100
& Iron Corp
preferred
Pittsburgh Forglngs Co
Pitts
12%
*
100
preferred
$5 conv
7%
62%
16%
17%
300
47%
16%
16%
1.200
62%
*17%
12%
*74
22%
%
v
*173
12
77
5%
47
18'a
*173
11%
*74
90
10
14%
57%
105%
*7%
*83%
6%
Pitts Coke
7%
5%
8%
10%
*117
99%
*190
5%
*7%
90
Pittsburgh Coal of Pa
Pitts Ft Wayne & Chic Ry™
*5%
22%
14
98%
*190
*17%
v
500
8
18
•
13% >
5%
16% -17;-'
X21%
21%
44
13%
120
7%
23
13%
16%
.
11%
1.000
'
60%
11%
900
8%
80
*168%
46%
17
*13%
*78
*168%
500
Jun
July
Jan
x98
par
5
Pillsbury Mills Inc
c
11% Feb
11
90%
42% Sep
100
Phillips Petroleum
Pitts
68%
87/8
14
47
'
16%
*12%
14
;
5%
•
78
*42
57%
8%
80
*83%
*74
44
118%
*8%
*78%
88
*16%
14
14
8
17
*9%
14%
14
*42%
5%
78
*21%
10
10
n%
>16%
23
5%
♦173
11%
8%
80
*13
18
18%
11%
6
*67
60%
59%
*17%
6
67
46
45%
*59
6
67
♦190
*83%
*173
•173
8%
80
13%
Sep
30
67
♦168%
*7%
88
45%
46
8%
80
Sep
19
37
25
Nov
110
6
*190
5%
5%
8
6
*66%
*168%
•190
*7%
6
66%
Apr
Sep
61% July
7% Sep
•.
65
Sep
20% July
9% Oct
100
preferred
Philco
13
29
10
Co
preference
Dec
Jan
16
5
Milk Co
$1
Nov
51%
80
May
19% May
6% May
2% Jan
37% Feb
Pere Marquette Ry Co
5% prior preferred
4.4%
16%
20
Jan
par
50
Electric Co.
58% Jun
7
1%
No par
No
100
Phila
17
Apr
32
*108
115
42%
...
23% Jun
3
26
Dec
2%
Jan.
115
-*109
...
Jan
July
110 '>•
*113
*4
380
100
93
,>14
*109 >
'
120
33%
115
43
*118
-*108
14 ' I f 14
13
25
34%
*25%
120
93
*113
43%
25%
*25%
*118
22%
53%
110
92%
*108
115
*105
121
33%
93
107%
■
1%
27%
2% Jun
July
30
72%
3%
Phelps-Dodge
Corp
Philadelphia Co 6% preferred
$6 preferred
No
22%
53%
102%
22%
27
31% Aug 18
106
'
17% July 14
8.300
22%
53%
102'A
Jan
3
Pfizer
53%
Jan
1% Mar 27
26% Apr 28
18% Feb
7
100
&
Jan
17%
18
rr
(Chas)
15%
5
29% Jun
37% July
100
2nd
Jan
21
27
16
100
Oct
113% July
4
July
45% Dec
Jan
35%
25
23% Jan
Sep
2
5
Jan
27
par
Peoples g l & Coke (Chic)
5%
July
11%
Jan
9% Jan
600
53
106
Peoria
Pet
5
Apr
43% July
Jan '
13% Apr
4.600
102%
54
61
10
Peoples Drug Stores Inc
Pepsi-Cola
Jan
Jan
1
Cement
Eastern
2%
23%
10
preferred
&
17% July
4% July 13
;
6
Jan
Corp
Glass Sand Corp
Pennsylvania
Jan
No par
Airlines
9%
53%
19%
Penn
6% May
106% Aug 17
19% Aug 31
Coke Corp
&
Penn-Dixie
Co
62%
101%
22%
3
Jan
2.50
*9
*53
19%
No
60
60
•101
19%
(j c)
4%%
*105
7%
9%
-
61
47.1)00
-
76
26
105%
7%
13 %
300
61%
*74
46%
26
*105
*7%
*
1.000
13
59%)
>
14
77
Co
Transportation
Coal
5%
•
30c
14
2% Jan
Mines—1
Jan
9
114% July 13
45
1
$7 conv pref ser a
'■
8.500
*74
8
Perm
23 %
•
21
103
ex-privilege—1
Parker Rust Proof Co
Parinelee
105%
45% Sep
109% Jan
10
28%
"
&i
7%
28% May
3%
19 % July 17
49
Aug 22
51% Apr
93% Feb
28%
60
Davis
35% July 10
147
5
18
100
Consolidated
Utah
27
Sep
8% Feb
par
Inc
Oct
17% July 10
6 %
Aug
8
4,000
'
58%
17%:
Inc
Sep
160
29
2,000
18%
13%
*56%
Pictures
Tilford
119%
Dec
12% Feb
1
No
Jan
7% July 25
No par
23%
14%
;•
17%
Paramount
&
& Ref
Inc
Jan
3
No
13%
54
19%
19
3% Jan
100
preferred
Dec
45% July
11
5
Pipe Line—No par
Prod.
Cos
Jan
31%
28% Apr 25
.
5
.
16%
Jan/
Jan
Jan
par
Transp
Mar
.91%
16
4% Jan
10
No
&
25% Jan
Penney
62 %
76'
9%
19%
10
23%
July 12
Penn-Central
400
23%
*105
9%
Jun
46
1.100
57%
104
*23
14%
26%
7%
34
3
4% Jan
15% Apr
*61
76
•
*105
•9
10
Apr
July
25% May
33
15% July 14
3
Jan
39% Jan
No par
10
59%
57%
O;
•7
Jan
Patino Mines & Enterprises
Penick & Ford
23%
•13
14%'if
75
800
4%
58
28%
1.300
62
23%
/*;
4%
*56%
*17%
29%
x62
45%
107
*105
23% i:
63
*56%
*110
29
•62%
62%
17%
*110
•29%
57%
4%
58
*17%
17%.
*110
28%
28%
4%
200
7%
17%
.7%
*17
•101%
<
East
conv
32%
*56
14%
1
Car
preferred
Panhandle
4%
110
25%
*110
25
30
par
Airways Corp
Petrol
700
45%
53
110
Motor
American
Pan-Amer
110%
4
*52
*105
Packard
11.800
45%
No
Corp„
Pacific Western Oil Corp
31%
18%
23% Feb
15% May
25
Pacific Tin Consol'd
19.500
>
»
♦110%
110%
4
53
*105
110
45%
110
4%
5%
4.100
■.
26
60
3
3
31
•55%
55
7y4
12
25%
•17%
13%
Jan
41% Jun
28%
♦110
Jan
23%
163
26
57
6%
4
121% Jan
28%
57
28
17% Jan
—No par
Telep & Teleg
preferred
25%
57
19
13
Apr
48% Jan
10
•7%
■
14% Sep
3
19
117% Apr 27
Electric
13% July
Jan
3
Sep
8% Jan
149
•16%
•56
10% Jan
39
100
5%
21%
5
100
,70
28%
21%
64.:; July
Mills
;
25%
*21%
Jan
6%
162%
31%
29%
54%
19
Pacific
119%
162%
28 %
29%
Jun
Pacific
:
38
38
*118%
162%
24%
29%
64
30
37%
119
118%
*162
28
*21%
Oct
29
1,100
37%
37%
24%
21%
Apr
67%
Gas
29
29%
38
Jan
Lighting Corp
24%
29%
Jan
21
Pacific
*13%
1%
Sep
28%
46
Sep
Pacific
5%
1%
154
Aug 25
Aug 18
100
13%
52%
Jan
43
500
&
Dec
73
10
Co
142
Dec
105
55% Feb
12.50
*
10%
Jan.
8
3,000
32%
*105
Co
Glass
156
69
Jan
May 10
31% Apr 26
16%
6%
15%'
4%
110
1%
64
preferred non-cum
No par
2nd preferred non-cum—No par
Pacific Finance Corp (Cal)
10
27%
2
■
147
1st
24%
27
Jun
100
5
No
Coast
Pacific
27%
24%
21%
44
5%
54%
*105
9%
31%
4%
•52
•105
Jan
33%
119
4%
15%
44
162
4%
24% Aug 28
33%
37%
*118%
4%
19
Apr
*15%
*161%
•110%
Jun
15%
119
■,
10%
43%
162%
V/
Jan
33%
37%
*118%
6%
3%
15%
*161%
•14%
1
33%
120
-
-
14% July
8
*43%
16%
162
1162
18
33%
37%
119
8% Jan
'
'
162%
50% July
Jan
43%
*43%
*36%
♦117%
Jan
3%
33%
43%
•161%
21% July
29%
113/4 July 19
105% Jan 10
43%
43%
327/e
43%
37%
9%
9%
9%
*15%
33%
44
9%
32%
37%
*118%
Jan
58% Aug 18
Pacific Amer Fisheries Inc
*9%
39
•13%
11%
8
18
par
Mfg
Co
6,100
14%
14%
14%
10
39
16%
20% Mar 22
Feb
8% Apr
99% Aug
18
preferred
Owens-Illlnols
10
19%
14
45
No par
2,600
>
*37
20
6%
15% Sep
par
6
100
10
No
Equipment
Outboard Marine &
Outlet
>
10
20
No par
-
Farm
Otis Elevator
10
*40
*72
-75
;
39
9%
•37
Ohio Oil Co
'
58%
13%
13
23%
*40
75
*72
101 %
10
*11
*155%,^-
40%
•40
*72
*100%
9%
9%
100
100
9%
11%
10
22,300
23
117
*116%
'/ i
Vb
117
60
(The)
6%
preferred
5%
conv
preferred
Purity Bakeries
Corp—_,__No
par
18
Mar 22
Feb
Aug
40% July
19% July
114% July
107% July
22%
Nov
1309
Number 4319
160
Volume
CHRONICLE
COMMERCIAL & FINANCIAL
THE
RECORD
NEW YORK STOCK
'
Range for Previous
STOCKS
SALE PRICES
LOW AND HIGH
Sept. 18
Sept. 16
$ per
S per
share
15%
15'%
Sept. 20
S per share
t per share
share
'
*15%
10 Va
10%
10%
73%
15%
'
:
J per
Par
S per
10% Jan
16% Aug 21
12% Jan 21
19
Oil Ref Corp
Quaker 8tate
200
16
*15%
S per share
$ per share
$ per share
share
Shares
share
Year 1943
Hifhest
Lowest
Highest
Lowest
EXCHANGE
' the Week
Sept. 22
16
*15%
16
15%
73
15%
*15%
Thursday
Sept. 21
S per share
Wednesday
Tuesday
Sept. Ill
Monday
Saturday
Sales for
Friday
Range since January 1
STOCK
YORK
NEW
15
July
R
<2%
'<4
72 Va
3C%
17
*16%
8%
307/a
17%
17%
17
*17
17%
36%
*35%
36%
*31
32
132 --i-v
*127
*58
X;
-16%
19%.
*19%
*19
19%
;;
99
99
*96%
10%
*10 Vis
99
A- 79
14%
14%
94%
94%
95
*13'A
33%
94%
13%
13%
13%
2,000
Reo
13 %
18 Va
18%
8.500
100'/a
100%
250
Q%
conv
98%
200
6%
conv
18%
1
r
10%
10%
98%
20
79
79
*13%
13%
1.000
33%
13%
13%
33%
38%
*38
9%
14%
21%
21»/a
21%
21%
*18%
19
19
50%
51
19
19
*50 Va
51
1,000
9%
2,600
9%
9%
14%
*14
7%
7%
8
19%
19%
21%
33%
*33%
32
32%
18%
Jan
22% May
8
26%
Jan
35
Nov
22%
Jan
30
Jun
12 % July
20
July 29
3%
Jan
-50% Jan
133
Jan
20
Jan
86% July
6
Jan
137/a
5
17% July 11
Feb
5
21% July 11
14%
Jan
14"% Apr
19
21% Aug 18
Jan
19%
69%
Jan
7
100
I
18
16
Aug 17
24
21% July
8% Apr
16
Apr
Jan
87
16
99% Aug
Jun
93
107/8
Jan
Oct
Dec
Apr
20% July
14
Jan
95 Va
Jan
101%
99% Aug 30
73%
Jan
88%
Oct
12% July 31
6% Jan
5%
Jan
9%
Apr
3
84
Jan
15
63
Jan
4
5
4
Nov
70
Jan
15% July
Jan
93%
7%
15% July 10
99% July 15
80
28
Jan
8
4
3
36
May
3
39
July
7
34%
Feb
13
Jan
3
18% July
3
12%
Sep
8% Feb
29
Jan
3
13
39% July
Oct
-14%
7%
Jan
12
Jan
17% May
30
5%
Jan
5
19%
Dec
21%
8
20%
Jan
28
Oct
19
11%
Jan
18%
Jun
51% Apr 11
43
Jan
50% Aug
35% July 12
27% Nov
36% Mar
Jun
9
18
26
24% July
Jan
3
34YB July
5
23
Jan
13
45
No par
Jun
32%
9
11% July 8
17% Jun 17
14% Jan
J
Jun
11% July
Jan
25% Jan
35 Va July 10
5 Va Apr
25
5%
15% July 10
17% Jan
Feb
Feb
Dec
98
59%
83% July 20
Jan
8 % Jan
Dec
76
5
July
100
85% Apr
10
Jun
74%
42% Jan
4'A
May
Aug 12
103
9
3
99% Jun
No pai
Sep
20
12
9
1
preferred
$2.50 conv
Nov
11% Feb
'A 18
70% Jan
Corp
Dec
66'A
80
3
Mar
70
<
6%
1
(The)
Co
Jun
31% Aug 31
7
Corp
Rustless Iron & Steel
10
14%
x83% Mar
Typewriter
Ruberold
3.400
51
*50 Vo
51
*50 Va
Roan
Aug
38% Jun
3
No par
Company
No par
Antelope Copper Mines
Royal
300
34
18%
19'A
18%
.
51
"; *50%
21%
21%
33%
34
Ritter
1.100
Jun
32
;
Co
Richfield Oil
400
8
15%
Jan
10
Mfg
Rheem
29%
Jan
7
Jan
1
10
Common
300
14%
?
21%
21%
*33%
51
16%
9%
14%
•
*21%
19%
'
*50%
•
7%
33 Va
33 Va
;16Va
7%
14%
*7%
33%
16%
16%
14%
9%
*14%
7%
33%
20
9%
9 Va
14%.
*7%
21%
38%
Jan
11%
26%
3
90
.100
100
No par
100
Reynolds Spring
Reynolds (R J) Tob class B
2.500
38%
*38
16%
16%
33%
21
5% Jan
—5
•
*38
33% July 10
18
July 10
33% July 24
13
100
Reynolds Metals Co——
5% % conv preferred
*93%
•
33%
8
150
14
94
13%
,V>
1.800
94
13%
94
33%
'
270
14
14%
94
13%
9Va : : * 9 Va
79
14
79
79
preferred
prior pfd ser A
& Brass
7%
preferred
5%% preferred—
2.700
98
Dec
Jan
27 % Jan
1
No par
100
100
No par
Inc
Motors,
Revere Copper
11
33%
V >38
600
98
13%
16% Z.16%
/
RR
Saratoga
&
Rensselaer
10%
;
33'A
38
.
Preferred with warrants
600
*97%
10%
13%
39
;
*98
98%
*97%
98
*14%
X
101
101
98
7%
33%
18%
18 Va
;
103
•
101%
.100
Remington-Rand
3.700
;
Jan
-25
Republic Steel Corp
33%
16
9 Va
'?
*33
94%
13%
14%
9 Va
*14'A
21'A
94
14
16%
*38
16%
*7%
93%
13%
-
33%
.
.: 39
*38
*16%
99
33 Va
*13%
13%
33 Va
20%
%
Jun
54%
—1
19%
99
*93'/a
;/ /
94
19%
19%
*19
32% Jan
-10
99
,
10%
17
3
No par
Reliance Mfg Co
20 Va
79
14%
x94
600
20
*97%
79
14%
14%
95
16%
15% Jan ;
100
& Co 1st pfd
Reliable Stores Corp
(Robt)
Rels
—
99
10%
,
60
*16%
f
—.
v
18%
'
.
79
79
i
10%
*97 Va
*59
/
-
.
*—
:,'• *19
98
98
10 %
10%
*97 Va
16%
Silk Hosiery,
Preferred
Oct
Jan
59
20% Mar 21
28
,_50
30
v
Feb
71%
3%
107% Jan
2
-25
94%
*101
98
•96%
98
:
18%
103
*101
%
59%
135
.-,-1
preferred
$2
V
20
17%
'I,
18
101
*59 Va
Xl6%
99
13%
-
11
10%
*126
135
V
par
No
Raybestos Manhattan
Rayonier Inc
"
,,
11%
*10%
19%
*30
30%;
,.*130
99
.19%
13%
99
79
Real
*19
93%
*10V4
79
700
17%
37 %
30
16%
13
*97%
*14
Reading Company
_50
4% non-cum 1st preferred—
-50
non-cum 2nd preferred-
,60
92%
*96%
r
400
132
12%
17%
98
300
37%
93%
101
102
2.200
31%
17%
*35%
,:
'117%
12%
18 Va
18
17%
37
32%
94
13
*101
17
37-
17%
32
*93%
93%
12%
1.200
17 Ve
16%
<
3
32 Va
•
"
31'/a
132
20
v
3
12% Feb
5.800
99 VA:
19%
"99
%
28% Jan
600
17'A
12% May
Jan
10% July 10
24
27
31%
17%
*59
19%
*19
19%
V 99
*99
85% Jan
90
31'A
"V
16 %
'16%
-
*
93%
'
*59
,
19%
,
19%
-•'•
•
16%
16 %
•
*19
61
*57%
!.'■
59
b
*16
7% Apr
100
31
11%
•;
...1
90
*10%
132
61
*127
132
132
Aug 23
31 %
17
4%
July 12
77
90
31
;
12
5
31%
x31
11%
11%
/X
i111/2
1*10%
11%
'*10%
13
69 % Jan
90
*35%
32
*31
440
8% Apr
par
Radlo-Keith-Orp' "urn
6% conv preferred
6.100
8%
8%
par
No
preferred—No
Anier
$3.50 conv 1st
1.000
31'A
17
17
36%
r:
8%
17
31%
16%
367/8
,
74%
31%
"
.
16'%
32
75
8%
Radio Corp of
45.300
•;
90%
90
*36%
•/ Z *31
75
74%
*30%
17%
31%
31%
31%
-.
,
10%
8%
8%
90%
30%
17
;.;•
31%
31%
8%
90 Va
:':i Z'
8%
*30%
10%
74%
*74
'•.
30 Va
90
90%
30%
*
90 Va
8%
8%
8%
90
W-
10%;
V
10%:'
*
10 Va
.72%
10%
11 Va
10%
.<•
11 Va
Feb
July
9% May
Dec
S
::
*%
&
*%
*1
I..
1%
\ V
32
-ii
32
32
32
*51%
52%
114%
*112%
52
*51%
*112%
;
31
109
*108
110
*111'/a
113
*109
110
*109
..
*
*111%
113
*111%
3
113
*109
110
21
21%
52
7%
32%
•42%
42%
113
*111 %
113
*109
110
21%
6%
6%
6%
*21%
21%
6%
6%
6%
6%
96%
96%
97%
97
97%
96%
21%
21%
21%
2.1%
'21%
96
96
96%
21
21%
21%
21%
21%
*14%'
15%
14%
14%
15%
15%
*73%
75
74
74
74
74
12%
12%
12%
12%
12%
12%
12%
75 %
75%
75%
75%
75%
76
76
14%
14%
14%
14%
15%
14%
50%
50%
*50%
52%
*50%
23
23%
;
12%
*74
14%
14%
14%
.52
*50%
1"
52
*50%
22%
22%
22%
22%
*3%
3%
*3%
3%
3%
34 %
33%
34%
34%
28
27%
27 %
33%
*26%
13%
13%
35%
2.100
300
14%
14%
*14%
14%
14%
*22%
23
*22%
22%
60
22%
37%
36%:.'
*36%
36%
400
•37%
100
28
*27%
28 %
38
*150
12%
4%
4%
4%
X4%
4%
8,900
38%
39%
39%
39%
900
39%
38%
38%
38%
38%
38%
38%
2.200
38%
38%
4
152
25
25
25%
15%
15%
15%
15%
15%
27%
24%
27%
28
27%
27%
24%
25%
24%
25
50%
50%
51%
51%
52
67
65%
65%
65
65
15%
27
24%
24%
50%
51
50%
*65
67%
6%
W: 6%
6%
V
7 'v
11%
*33%
*7%
*7%
8
11%
68%
300
26%
7,800
45%
600
27
26%
*45 %
45%
45% -45%:,
v:
46
*59
.
60
11%
11%
11%
11%
11%
11%
5.500
68%
68%
68%
68%
68
68%
570
69
68%
33%
1.300
*114
116
*110
111%
*113%
116
*113%
111%
*110
111%
*110%
111%
28%
29
29
3%
:
3%
3%
3
57
116%
*114
118%
111%
*110
111%
29%
115
<
3%
100
3%
3
3%
4.200
29%
115
*111
I-" 115
*111
3%
29%
29%
58%
57
57
*112
*112 IV 115
115
3%
61%
*55%
29
28%
29
400
57
59
60
60
59
59%.
59%
68
69%
68
68%
68%
3.500
59%
1.100
69%
57%
57%
66%
66 %
66%
67
67%
68
35%
35%
35%
35%
36
35%
35%
35%
36%
35%
36
35%
32%
32%
32%
32%
9.600
32
32
32%
31%
32%
31%
32%
31%
52%
52%
53
16.600
52%
53%
52%
52%
43%
700
43%
;43%
52
43%
*42%
V
*109% 112
10%
9%
*31
64%
64%
65
15%
12
10
10%
43%
>
111%
10
*31%
64%
15%
16
11%
12'/a
12
*17
•43%
♦111%
10%
10%
32%
*31%
32%
32
32
64%
64%
1.500
15%
15%
2,600
11%
11%
5.300
17 V\
400
64%
64%
65
15%
15%
15%
11%
11%
17 Va
17 Va
'
17'A
17%
10
10
10Va
10%
10 Va
10%
10%
10%
10 Va
18%
18%
18%
18%
18%
18%
*17
18%
59
59
127
*127
128
128
6
9%
22'A
70
20%
5%
9%
22
*66%
20 Va
30 Va
*28%
6
5%
*126
9%
22%
22%
22%
20%
*28%
16%
16%
17%
17%
17%
29%
29 Va
29%
29
29 %
29 Va
29
29 %
29%
28 Va
28 Va
28%
28 %
X28 %
6%
6%
6Va
6%
6%
72
20%
30
*67
71
22%
23
20%
12.400
2.300
50
"
5%
4.500
9%
9%
1.600
23 Va
2.800
69'A
,
70
*68
'
23 Va
9%
9%
59%
128
3.600
-
5%
5%
9%
22%
19%
59%
60%
6
*66%
10%'
18%
128
5%
29'A
*59%
*126
9%
67
30
•
6
22
20%
59%
128
10%
i.
1
5%
9%
9%
59%
*126
100
v
'
11%
17
59
6.500
10%
15%
;
400
113
10%
64%
r,
43%
43%
111
111
12.100
10%
17
127
*28
43%
112
11%
18 Va
20%
52%
17 Va
59
*9%
53%
17%
18%
22
*32
64%
15%
59
*66%
10%
31%
18%
*5%
*111
10%
59
*127
*43%
43%
111%
65
*15%
12
112
31%
*31
15%
*16%
9%
31%
12
l.
*109%
52%
53%
6.700
69'A
100
30
29%
29%
*29%
19%
18%
18%
19%
*18%
29%
29 Va
29 Va
29 Va
29%
3.200
29 Va
29
29%
29
29
29%
29 Va
5,400
29
28%
29
28
%
28%
28%
29
28%
6%
6%
6%
6%
6 Va
18
'29%
6%
Standard Oil of New Jersey
Standard Oil of Ohio
4%%
preferred—
Standard Steel Spring
Starrett Co
L S
(The)
Stewart-Warner
Corp
Stokely Bros & Co Inc
5%
prior preferred
Stone & Webster
Studebaker Corp
(The)
Sun Oil Co
Class A pfd
Sunray
(4%% cum)
Sunshine
Mining
Co
6%
3.100
5.200
Swift
Jan
Jan
16%
Jan
21
Jan
6
20
22
;■
28%
15% Nov
19
5
6
22% Apr
24
13% Jan
17
17% Aug 21
23% Jan
3
33% July 12
Jan
3
4
7
67
14
100
par
par
par
par
par
par
No par
No par
No par
25
25
25
100
1
No par
5
1
20
No par
—1
No par
100
10c
No par
25
100
10
12%
25
No par
1
28
56% Jan
27
Jun
Jan
3
12% Aug 17
50% Feb 11
33 % Jun
9
110
Jan 28
74% July 17
38% Mar 13
113% May 25
19
May 17
108
112
28% Feb
Jan
27
2% Jan
Jan
3
Sep
116
4% July
33% Feb
65 % Aug
40% Feb
73% Aug
34% Sep
:
28
33% July 12
9
110
July 20
115
111% Apr
2
64% Feb
Sep 22
39 Va
34% Jan
Sep
31
July
58 Va July
50% Sep
7
40% Jan
110% Sep
1
5
23
23
12
15
10
44% July 12
115
Jun 28
5
11% July
,7 6% Jan
Aug 24
28% Jan
18
34
62% Feb
29
67% May 18
11% Jan
3
17% July
9% Feb
10
13% July
1
19
137/8 Apr 19
17% Mar
15% Feb
77/8 Apr
Jun
15
Jan
5% Feb
27
15
5% Jan
3
27
54
121
17% Jan
11
-July
20% July
60% Jan
127
.
5
12
14
3
5
21
Aug 16
7% July
10*% July
24% July
22
25
84% Feb
19% Apr
Sep
14
33% Aug
69% Sep
29
25% July
8% Jan
20% Aug
27% Jan
31% Mar
27% Jan
33% Jun
26% Apr
33% Jan
5% May
7% Mar
30% May
Jan
30%
Jan
49% May
Jan
66
Jan
Sep
Apr
Apr
Jun
6%
Sep
6%
Jan
Jan
61
Nov
Jan
35
Dec
Nov
35'A Mar
32% Jan
44% July
23%
5
2
61
57
14%
Jan
21%
Sep
6
Jan
2%
48
,,
Sep
Apr
33
26
36% Jan
25
Jan
2%
29% July 18
227/8 May 13
Dec
30%
42%
July 14
32% Jun
5
May
28
29%
149% July
35%
9
70
Jan
'
13
7% Aug 18
Jun 28
3
Jan
Jun
Apr
15%
58% July 10
Jan
26
Jan
5
10%
40% Jan
5% Jan
55
Feb
15% July
Jan
15%
28% July 10
4 % Jan
39% July
25 V*
21%
19
5
5
5
2
5
22
2
20
27
5
13
,
Nov
Jan
132
Aug 10
Sep
Sep
24% July
23%
16%
Jan
54
.
20 %
Aug 18
43% Sep , 5
43
6
20
Nov
45%
2%
10
25% Sep
27%
10%
5% July 12
155
May
28
15% Jan
14% July 17
;
-7
Jan
Apr
*13% July
Jan
22% Aug
20
29'/a Aug 23
3
:
5
10% May
.July 19
23% Jun
27
141
International Ltd
Syivania Elec Prod's Inc
Symlneton Gould Corp
2%
28% Jan
1
Oil Corp
Jun
28% Jan
10
Sterling Drug Inc
Swift & Co
30
21
Standard Oil of Indiana
2.700
1.000
20%
prior preferred
Standard Oil of Calif
$7
20%
21
*28%
prior preferred
Oct
12
29
"
12
3% Jan
1
Superheater Co (The)
Superior Oil of Calif
Superior Steel Corp
Sutherland Paper Co
Sweets Co of Amer (The)
100
*20%
20%
$6
57
Jan
41% July
Apr
12/
No par
preferred
Jan
Jan
17%
7
-•5,18% Jan 22
5
23
Jun
5%
31%
Sep
28
•
10%
20
July 11
7
Sep.
29% Feb
——2
conv
73% May
7.42% Jan
—No ps"
Squibb (E R) & Sons
No
$5 pref series A
No
$4.25 preferred
No
Standard Brands, Inc
No
$4.50 preferred
—Nn
Standard G & E Co $4 pref„No
73% July
16'A May
Jan
35% Sep
13% Apr 25
Jan 28
z.No par
Square D Co
17% July
Jan
7,15
i&u-Ic-
preferred
Sep
Jan
9
Jan
8
No par
Kellogg & Sons—i^No. pan
$4.50
Conv
18%
64%
:
--No par
Spiegel Inc
Dec
Jan
X64
78%
4% July
7
May 16
22.;
Platinum
1
Greyhound Lines
5
No par
8% preferred
—100
Southern California Edison
25
Southern Natural Gas Co
7.50
Southern Pacific Co
No par
Southern Railway ———No par
5% non-cum preferred—
100
Mobile & Ohio stk tr ctfs„__ 100
5%
115%
*113
*110
60
116
33%
34%
115%
*114
60
*113%
115
115%
*113
60
60
60
34
*113
34
*33%
34
115%
*113
60
*59
60
*59
Jun
90%
20
10% Feb.
Southeastern
(The)
Splcer Mfg Co—
$3 conv preferred A
4%
Jan
Sep
76
25 % Apr
,
Jun
Jan
2
15% Sep
Jan
35
26%
Jan
147/8 Mar 1?
I
.V
55
South Am Gold &
Spcrry Corp
16%
5
78% July 19
.
South Porto Rico Sugar
Spencer
Mar
18% July
24% Apr 24
23
Apr 19
No par
10
Sparks Withington
Spear & Co
112
10%
20% Sep
Typewriter-No par
Vacuum Oil Co Inc
-15
Bocony
Feb
Dec
5
9Vb Jan
3
Feb
43
115
105
13
Nov
5
May
72
15
20
Iron
107% July
36% Dec
109%
July
48 % Jan
$5.51 preferred
11%
11%
33%
34
8
31%
116
3%
6.800
72
60
29
7%
7
26%
60
*59
115%
*113
*56
115
7%
*30%
*55%
3%
7
•
68%
29
40
*70
45
*112
65%
26%
45
*110
♦64%
31%
45
33%
65%
3.700
72
26%
68
2.700
.
26%
26%
115 %
51%
*30%
26%
33%
24%
51%
*70 %
26
30%
60
27%
24%
51%
*65
X:
27%
24%
51%
8
27% v;
24%
31%
26%
*59
27%
I
72
26%
60
14.000
15%_
*30%
31
*59
1.300
*70
72
31
45
3.500
15%
72
*70
31
) 45
25
*15%
30%
*70
72
31
45
153
25
25%
15%
7%
*7%
*70
,
'"J
7
V:
8
*7%
8
*7%
8
&
-
*150
153
*150
25
*150
153
12%
12%
12%
24%
27 %
34.800
39%
V
12%
25
15%
12%
4%
*150
153
24%
28
39 %
24%
26%
28
4%
12%
25
15%
28
*27%
12%
4%
38%
38
153
36
*38%
12%
*38%
40
■
&
Jan
96
•
16
7 24% July
98 Va
Sep
12% Mar
59%
7
14
114
6% Nov
•
Smith & Corona
*27%
40
Corp
Oil
Sinclair
Jan
21
6% Aug 16
11% Sep
No par
...No par
No par
Steel
7'
63% Jan
15
5
Coalition Mines
Slmonds Saw &
*22%
14%
4%
Silver King
Simmons Co
5
13
105%
8
25% May 19
17
4
35
Jan
110
20% Sep
No par
No par
Shell Union Oil
3
Feb
47 % July
112% Sep
16
7'" 2% Jan
—No par
Np par
(W A) Pen Co
36%
23
36%
,.yi2%
pref ser A
(Frank G)
$3.50 conv
Shattuck
Sheaffer
Feb
Jan
16% Feb
3% Mar
Jan
427/g Feb
109
84
Jan
xl08% Mar 23
108
No par
No par'
preferred
Skelly Oil Co
Sloss-Sheffield Steel
$1.20 preferred
Smith (A O) Corp
*22%
4%
$5 conv
Sharpe & Dohme
7
>6
Jan
36% Jun
37% Mar 16
No par
Sharon Steel Corp
Sep
105 7 Jan
1
14%
*14%
:
12%
68
500
35%
4 %
*113
15.200
13%
22%
11%
28
36
12 %
11%
28
13%
27%
1
28
*27%
36
*26%
*7%
4.600
13%
14%
6%
34%
3%
36
22%
6%
3.200
34
3%
13%
*14%
*64%
3%
34
34
35%
*35%
0
10
1.100
13%
27%
O
52
23
23
5.400
23
*50%
52
320
15
35%
36%
;
76
14%:
35%
*26%
38
„
13%
*35%
*24%
J 2%
12%
*74%,
:
U
13%
36%
*150
80
3.300
35%
14%
*38%
73%
13%
u
:
<
27%
22%
14%
*22
,
27%
500
16
3
•
5
Servel Inc
35%
13%
36
27%
*27
21%
15%
3%
3%
35%
21%
5.600
73
76
23
3%
34%
3.500
16
-12%
,12%
23
23
fr
3%
2.100
16
*74%
35
6%
96%
73%:
73%
^
6%
1"r Jan
No par
Seagrave Corp
Sears Roebuck & Co—
13%
'
35%
16
74
1.600
96%
6%
*15%
16
*73.
30
21%
21%
97
6%
preferred
$4 preferred
Seaboard Oil Co of Del
8
30
No par
No par
No par
Co
27
110% Jan
abt
%
15
3
53% July 17
115
Sep
5
9% July
1
1
20
43% Jan
100 :
5
new—3%
100
1% Mar
Jun
2% Apr
7
Mar 17
Jan
No par
$4.50
113
109
109
21%
21%
Scott Paper
200
42%
:
*42
*111%
100
Bavage Arms
108
*106%
preferred
non-cum
preferred
Corp
Schenley Distillers Corp.
5 % % preferred
11.000
Y.:
32
32%
108%
6%
27% May 12
10
100
5%
2.800
7%
Francisco
Louis-San
Safeway Stores
70
7%
21%
6%
800
113%
31%
21%
■
200
7%
110
111 %
1
52
-,113%
*107%
-V
42%
*109
21%
-7
7%
109
*42%
42%
42%
42%
*41
42%
42%
iv.
*108
1
1
V,;,
52
$St
113%
113%
31%
31%
31%
109
l'»T
1%
51%
51%
7%
7%
7%
*108
109 '
*108
*%
Joseph Lead
St
2.400
32%
ia
*1
113
113
114%
31%
31%
30%
fr.
1%
51%
52
*51%
*%
1
1%
1%
32%
32%
•1
(i
%
ur
*112%
7%
7%
7%'
7%
30%
i_
114%
*
o
*1
1%
32
v
*%
ft
•
*1
32
*31 %;
66
3
Jan
8% Sep
64
Jan
Jan
109
Sep
42
35% Jan
33
Sep
60
May
July
116% July
70
July
112%
Nov
117
Aug
107
Nov
110
Dec
Jan
49
31'A
Sep
25
Dec
Jan
115% July
1%
Jan
6% Mar
9
100%
Jan
38%
10%
Jan
44%
28%
Jan
40
28%
Jan
38% July
46%
Jan
60
37%
Jan
45% May
"5%
Nov
25
Jan
68% July
7%
Jan
4%
Jan
14%
Dec
6%
Jan
5%
Jan
48%
Jan
Apr
4% "Nov
122
3%
Jan
127/e
Jan
58%
Feb
14%
Jan
26 %
Jan
4% Feb
22 Va
27%
Jan
Nov
Feb
4% Jan
22%
,
Dec
Dec
May
Sep
r9%
Maj
31% Mar
May
66
14%
Jun
14
July
xl7
Sep
10% May
15 V8
Dec
63% Mar
130
6
7%
Sep
Oct
Apr
22
May
82
May
32% July
33
July
12%
Jun
27 %
Nov
35Va
Apr
35% July
8% May
1310
THE COMMERCIAL & FINANCIAL CHRONICLE
AND HIGH
IOW
Saturday
Monday
Sept. 10
f per snare
f per
SALE
Tuesday
$ per
share
PRICES
STOCKS
Wednesday
Sept. 20
Sept. IV
Sept. IK
Thursday
t per
Sales
Friday
Sept. 21
$ per share
share
Monday, September 25, 1944
for
Sept. 22
$ per share
share
NEW
YORK
Range tor Previous
STOCK
Range since January 1
EXCHANGE
the Week
Shares
Lowest
Par
Year 1943
Highest
I per share
Lowest
$ per share
Highest
S per share
•
S per share
T
*8
8%
*48'/a
491
*5%
*8
8%
*48%
a
*8
49
8%
*48%
*8
49
8%
*48%
5%
5%
8%
7%
49
1034
*10%
10%
10%
10%
10%
10%
45%
4534
45%
45%
45%
45%
45%
46
6 '4
6%
6%
5%
*5%
«
34
6%
5%'
*8
49
Talcott Inc (James)
8%
48%
49%
7%
7%
19.400
11
10%
10%
800
45%
45%
45%
8.300
6%
5%
6%
3.000
34%
/ 3.400
7%
*10%
45%
6
34
33%
33%
34
33%
15%
15%
15%
15%
15%
15%
15%
16%
*15%
15%
15%
16
ll'/a
10%
11
10%
11
10%
11%
10%
11
11
22%
21%
21%
33%
34
;
34
•••
*21 Vs
22
21%
21%
22
22
22%
*18%
19%
18%
18%
18
18
*18%
19
*18%
19%
*18%
19
*52
54
54
52
A;
52
*52
54
*52%
53%
*52%
54
*8
%
8%
8%
*8%
*102
*52
8%
*8%
107
*8%
8
47%
*47
*11
11%
*43%
44
4
*26%
28
11%
43%
28
14%
14%
14%
14%
106%
30
48%
48%
107
*48
49%
*9%
9%
9%
22%
22%
15 %
15%
*15%
15%
4
4%
96%
9%
Texas Gulf
4
4
18%
23%
31%
106%
13%
13%
22%
23%
15%
Xl8%
23%
105
9%
22%
23%
*15%
15%
15% •15%
15%
15%
4%
31%
105
105
106
...v;
106
v
4%
*95%
9%
19'
18%
19
24
31%::/
<
4%
4%
96%
9%
18%
9%
"/••:
9%
600
18%
7.300
24%
9.100
31%
31%
31%
31%
105%
105%
105%
8%
8%
*8%
8%
*8%
106%
XI05%
105%
104%
%
106
/
13
13
12%
■
31 %
*104%
31%
13
'
105
35
Jan
31
114
;
100
.1
f
25
preferred
7%
700
--
Jan
July
'Oct
9%
1
33% Jan
3
Dec
8
95
49
Jan
Sep
May
6% May
,
8
8ya
Jan
15
6
26%
Feb
34% Dec
5% Aug 14
1%
Jan
3
par
Mar:
Jun
Jan
10
Jan ..4
,18% Mar
13
6
Feb
100% Jan
3
25
Jan
16
3
31% Sep
Jan
26%
Jan
15% July
94%
Jan
103% May
,
21
23%
Dec
52% Aug 18
10% Jun 22
40%
Jan
50
6%
Jan
25
43% Apr 24
8 % Jan 13
15%
Jan
10% May
25% July
17% Apr
12% Jan
25
1%
Jan
4
99
Sep
69
11
Mar 25
85
5
Jan
8% Jan
1
3
15% Mar
No par
No par
1
21 % Feb
100
68% Jan
8% Jan
6
51 % Jan
10
May
9% May
Jan
Jan
13
25
Nov
67
24%
Jan
99
9
Sep
108% Sep
4
1
Apr
4% May
90
26
33% Jun
'5
100
6%
12%
July
16%
Jan
•
106% Aug 21
4
5% Jan
5
26% July 10
3
Jan
par
Aug 17
20% Jun
17
28% Jan
—No Par
34% Mai
Jan
4
18% July 5
5% July 10
11%
3% Feb
/
July
9%
33Aug, 14
17
July 7
108% Aug 29
3
—No par
..
4
July 13
6% July 8
/
13% Mar
—10 "
Co
9% Jun 29
54
53%
Jan
Jan
45% Sep
2 >
—No par
preferred
Jan
2%
52
4
11% Jun 13
.No par
prior pfd
Twin Coach
19
Aug
July
32%
10
,
280
11
par
—No par
;
6% Jan
July 12
9% July 17
19
Jan
4% Jan
„
A
par
"-No par
—No
Apr
43
;
92
7
.40
Transit Corp ..No
Rayon Corp
$4.50
4,500
62
58
6
Twin City Rapid Transit—No
900
13
13
4
20th Cen Fox Film Corp
$1.50 preferred
;
200
-
,
6%
13
5%; Jan
5
Tubize
2.200
106
12% Jan
,,50% Feb
pan
2
'
:
par
.
$6 preferred
Truax-Traer Corp
50
.
18
Transcont'l & West Air Inc.
7.700
:
41% July
13% July
28% July
14
Oct
Tranaue & Williams St'l—,—No par
Tri-Continental Corp
—
1
200
18%
24%
*103%
13
1.800
,
>
Dec
19
16% Nov
Transamerlca Corp
-
33%
32% Apr
13% May
4
Tlmken Roller Bearing
600
53% July
6% July
-
117 % Jan
preferred—„—N(
conv
Jan
8% Jan
Jan
i, Timken Detroit Axle
4.200
24
18%
24
8%
106
>
,
4%
*95%
105%
12%
;
9%
96%
■
*9%
24%
9%
8%
106
13
4%
96%
*9%
<
*103%
8%
12%
4%
96%
V
24%
31%
/
49
49%
9%
'••*8%
31%
49
$4.50
Jan
3%
Jan
—
cum
41%
5
7%
Tide Water Associated Oil—
580
7.500
9%
97%
18%
8%
107%
30%
31%
*48%
4 %
23%
30%
107
$3.50
i
10
6% July 5
37% July 14
8%
-——
3.900
50% Jan
19% Mar 16
No
Thorapson-Starrett Co
400
I
*
9%
9%
18%
105
15
49%
*96%
23%
*8%
107%
31
28
14%
/
12% July
15
11% July 10
27% July 15
24% July 5
Thompson (J R)
Thompson Products
-
900
1.900
Jun
Apr
5% Mar
9
$3 div conv preferred
600
.
23%
9%
23%
30%
28
15
Z
4%
8%
45
—No par
Preferred
Third Avenue
Jan
5% Jan
' 4
No
Co—
Jan
3
8% Feb
A The Fair
Thermoid
35
19
28
;
100
preferred
conv
19
22
14% Feb
Texas & Pacific Ry Co
Thatcher Mfg Co—
1.000
44
9%
97%
*18%
104%
28%
107%
11%
•■".'/ 4 A
v
23%
'
9%
*15%
'T
11%
4%
—No par
1
$3.60
-87/s Jun
49% Sep
8% Sep
.
44% Sep
4% Feb
,
•
10
60
44
'
44'/«
14%
31%
*48%
11%
-
«
1.700
5%
No par
Coal & Oil
20
23%
9%
23
*9%
,
4%
"28
.
107%
30%
49%
11%
Sulphur-
Texas Pacific
5
10% Mar 29
25
Producing
50
48
5%
(The)—
Texas Pacific Land Trust
100
8%
*47
5%
44%
v
15
107
97%
;•,.•
96%
9%
9%
29
14%
30%
48%
22%
"
4%
'
107
•
•
11%"
44%
8%
48
*5%
3
12
Corp
Texas Gulf
i
600
108
Jan
Jan
4% Jan
5
Texas Co
•
200
8%
*106%
8%
*47
5%
4%
108
8%
48 ,V
v
44%
*»•/•
.
'106%
8%
*28 ■-*
15
30
108
*11%
4%
28
107
30
30
22%
*
44%
4/
8%
5%
11%
44
28
106%
*47
5'%
*11
•'■/'■'
4
14%
30
8>/4
47%
28
;
'106%
8%
5%
4
106%
.
106%
47
5%
*43
*8%
8%
47%,
*11%
k:
4
8%
106
8%
5%
5%
*5%
:
8%
107
"102
8%
*47
•
*8%
v
7
42
5
Tennessee
12.700
22%
11%
22%
33%
9
50
partic preferred
Telautograph Corp
'4.900
10%
-
5% %
80
•
7%
*10%
34
8%
*
8
5%
6
*8
49
12
4% Jan
12
14% Aug 21
July
34% July
101
Oct
6%
"9%
Jun
Jan
77%
Jun
Jan
11%
Jun
U
*61
62
*61
62
*61
62
x60%
61
12 %
60%
12%
12%
12%
60%
12%
12%
12%
13%
77
13%
77%
13%
77%
77%
77%
79
13%
78%
13%
17.700
78
78%
78%
78
78%
4.300
*116%
117
*114
115
18%
*116%
117%
*116%
*114
114%
•114*>/4
18%
104
18%
*98%
27%
117%
114%.
103%
*116%
*114.
114J'4
18%
103%
18
99
27%
%
103 %
104
99
•"
117%
99
*27%'
99
30%
29%
30%
110%
109%
109%
18 V4
28"
•>
30%
31%
31
•118
22%
22%
*110
31%
117%
117%
22%
22%
*110
30%
*117
,31%
*22
66 %
*64%
*24%
24%
24%
1%
1 %
1%
1%
•1V2
36%
15
36%
15
36%
14%
104%
104 %
10
10%
9%
9%
9%
68
9%
*30%
88%
14%
15
88%
1%
1%
14%
,
104
10%
*105%
10%
15%
13%
15
*23
23%
113%
8%
8%
*9%
35
*44%
*56%
56
9%
87%
1 %
88%
1%
7%
10%
10%
106
10%
106
*15%
106
15%
15%
78%
78%
*175%
179%
14
38%
.7%
7%
8%
9%
35
*9%
35%
46%
40
*44%
41
1%
139%
*56%
*74
48%
*139%
57
57
9%
1%
50
140%
57%
49%
*140
57
127%
126%
*25%
26%
26 %
*46
3%
3%
4
4
*98
99
*98
99
*15%
16
*15%
16
*4%
5
4%
75
18%
4%
*35%
75%
*170%
47%
*3%
3%
4
*98
v
37
75%
50%
140
4%
99
*46
47%
*3%
4
-
26%
v
*98%
3%
4%
99
54%
56%
77
56%
57%
126%
26
""47%
3%
3%
4
4%
*98%
99
*35%
37
78
11%
11%
11%
11%
11%
50V4
50%
*49%
11%
50%
11%
49%
49%
49%
•49%
13%
13%
45%
*74
78
13%
*77%
13%
45%
45%
*74
78
*115%
13%
45%
*74
19%
117
13%
*115%
*13%
18%
117
13%
3%
*50%
47
*45
46%
77
*74
77
78%
78%
*23% "24%
80
*76
80
*76
80
24%
*23%
24%
*23%
24%
3%
3%
3%
3%
3%
3%
*40
*50%
41%
34%
118%
*40
44
*40
*118
52
116%
*40%
34%
121
*150
41%
41%
*42%
44
*35 ;
35%
121
151
*118
121
*149
—
51
50%
50%
*11%
12
12
T2
*29
29%
104%
104%
*29%
29%
104%
104%
52
*52%
52%
51%
51%
*18%
18%
*18%
18%
18%
18%
8%
8%
8%
8%
see
page
1311
8%
*118
121
*149
3%
35
121
;
600
5
•
45%
*74
700
.
42
•t
42
121
*149
600
t
1 1,700
700
'
*41
34%
*121
4
,
?%
1st
preferred—
/
,
43
,
34%
125
8%
*50%
51
11%
12
29%,
*104%
52
*18%
8%
29%
104V2
52
181/2
8%
50
*11%
?«%
104%
52
50 %
12
?9%-
104%
50%
*11%
10
100
.
29
*104%
700
29
non-cum
Va—Carolina
500
Chemical
37% Jun
3
July
7%
Apr
Apr
4
Jan
13%
22
108
15
Jan
Jan
4%
Nov
8% July
8%
Nov
9%
Jun
27
29%
Jan
25%
Jan
42
:'
July
32
Jan
44%
Jun
42 % Sfep
20
2% Jan
20
12
Jan
7
54% July 14
25%
Jan
•
Oct
5
6
July 20
47
18
19%
114
Oct
37% May
>•</
3% May
46% Sep
Dec
62
May
Nov
50% Apr 19
xll9% Jan
63% July 10
135% July
27
22
May 18
44% Apr 126
2% Jan 28
par
2%,Apr
Jan
14%;Jan
,4
4
-
31
Jan
' 4
68
par
.Apr
27
162,/< Mar 20
47%
112
Jan
Jan
59% July
125
July
Apr
20 Va
Nov
29 /
48% Feb
42 Va
.Tan
1%
J'an
50% Aug
3% July
23
4% Jun 29
4% Sep
100
18
3%;Jan
*
/'
8
27% Aug 30
4
76
par
.
"
%
18% July
6
July
39% July
78% Sep
Jan
3
Oct
56
Jun
88
Oct
13%
Dec
2%
Nc v
20% July
6% July
30V«
Nov
41 % July
59%
Jan
Jan
75% July
165% Nov
15%
Jan
.25% July
8%
Jan
25%
Jan
22
July 25
5
5
3
22
169% Aug 21
.17% Jan
9% Jan
-
v
_—__No
(preferred
•
23% July
4
13% July 11
3
52.
t
Jan
,
6
12% May 15
41% Jan
25
63% Jan 15
Feb
11
21% Jan
•
—O
70>
7
•
3% Sep 14
par
^100
50
Sep
7
113% Jun
14
38% Feb 17
37
Jun
21
33
Apr
19
100
102
Jan
4
100
Wabash RR 4%%
■i.
4
37
116%'Sep
;;
100
—
Vulcan Oetlnnlng Co
149
Feb
14
V:
preferred
100
System,.
.—No par
Walgreen Co—,—......No -par
'
4%% preferred 2
0.00
52
*52%
53
18%
*18%
18%
100
Div redeem
8%
8%
*8%
8%
1.600
Walworth Co
900
19
40% Jan
9% Sep
July
74
100
preferred.,
diV' partic
*18%
-
10
/.
Nov
x42 %
130
.
150
Walker -(Hiram)
G & W
preferred
No par
—No par
No par
5
Sep
5
119% Jun
12
115
Mar
12%
Feb
37% ,pct
120
Oct
14% Aug 30
49% July 24
80% July 27
40ys
Dec
51
Jan
85% July 21
25% Aug
1
57
Feb
65
Aug
67% May
20% Nov
26% Veb
5% Mar 24
62% July
120
*
52 '•
5
2%
39
44%
Oct
Jan
•6% July
Jan
68% July
Aug 23
Jan
•45
Oct
Jan
40
Oct
Jan
35%
Sep
7
20%
42% Sep 21
36 % Aug 23
121% Sep
5
-29%
80
Jan
110
Aug
155
113
Jan
150
Nov
Mar
July
6
27
!
'
40
24%
Jan
40 Va
7%
Jan
11% May
20%
Jan
28% July
Dec
3
59% Mar 13
19
12% July 10
26 V8 Apr
1
30
104% Sep
x
Jan
10% Jan
Waldorf
500
104%
Sep
44%
Jan
Jan
5
Preferred
600
12
26% Sep
113
Jun
30
1
Jan
.
30
50%
May 20
43% July 11
8% Jun 28
10%
39%
48
181%
Jan
Jan
"Va El & Pow $5 pref
;
100
;"Va Iron Coal & Coke 5% rpfd—100
Virginian Ry Co.,
.25
€% preferred—.—
>.
25
1.100
/
Apr
Dec
5%
64%
:
w.110
*149
168
19
46
Co_6%
Co.
Vtctor Chemical Works
r6 %
140
:
43
s.
300
V
Oct
Mar 13
Dec
July
,101
^100
Vertientes-Camaguey Sugar
Vick Chemical
/ 3.700
118
75%
61% July 13
—5
Vicks Sirreve & Pac
53%
19
77% Aug 21
No par
2.50
—
Van Raalte Co Inc—...
i
10
100
*41%
%
35'%
•49%
~io
3%
99%
nM&SmWt
Van Norman Co—
:
Jan
Jan
9%
142% May 18
?No par
Vanadium Corp pf Am
:
84%
13
100
/
79%
13 V\ May
22
—1
—_No
i
24%
Jan
May 25
_J
preferred.
1,300
*23%
Apr
4%
Jan
1
No
—
:l.ooo
13%
Dec
•
% Sep
5
preferred
18%
45%
Dec
"
5%
51
25
Universal Leaf Tob_,
290
•*77
118
preferred.
Stookyards Corp
conv
Preferred
78%
No
Universal-Cyclops Steel Corp.
/Universal Laboratories Inc.,
"76
52%
118%
$6
100
69
100
.
United Stores class A
:/;■•.
200
16%
non-cum
United
700
10.700
117
13%
3%
*41%
42%
49%
52%
*51
*118
-
4%
29%
■:
130
No par
—...
1%
Dec
Jan
50
U S Steel Corp
Preferred
11%
*11
100
Jan
3%
.50
w
*50
12
29%
footnotes
41%
44
35%
51
52
41%
*41
12
104%
52%
118%
*35
29%
*104
*51
*118
44
•151
*50
*40
51%
118
35
35
*118
51%
117%
18%
1st preferred
non-cum
16%
99
Jan
24
40,/' Feb
Dec
59
14% Sep
3
Feb ; 2
Sep
2%
Jun
17
25
1
;10
—
Smelting Ref & Min
8 %
117
13%
*45
*77
51%
117
13%
*74
*23%
*117% 119
*116
18%
46
80
3%
18%
78
24
24
For
18%
.No par.
2Vs
27
180
10
35% Apr
Jun
Apr
76%
Jun
30% Apr
"
1
9%
35
21% Feb
19
Feb
3
88
7
Jan
12
3
8% Jan
20
Jan
Sep
8
5% tin
—10
Co/
July
38%
12% July 5
106% Sep 21
4
16% Jan
..1
•U S Tobacco Co.
37
78%
11%
5
66
39% May
28
Jan
110
10
Rubber
8%
*169
*18%
18%
3%
99
*36
78
*169
11%
*45
4%
*4%
50%
117
3%
S
U S
100
4%
77%
Lines Co
S
Preferred
47%
47%
4%
37
6.100
500
*15%
76%
1,200
53
2,100
15%
*35%
A U
5.100
16,500
15%
*168%
49%
57%
4%
76%
pur
—.100
Jan
105% Aug 17
7% Sep 21
'34% Apr 24
No par
—
JU S Realty & Impt
2.500
,
26%
16%
„
1%
127%
A
4%
76
No
cl A—.
conv
preferred
9
2% Jan
3
Mar
42
par
U S Plywood Corp
-
1,800
56%
*15%
37
50
No
U S Pipe & Foundry
U S Playing Card Co
1.000
76
4%
18%
*115%
51%
*74
15%
*35%
preferred
Jan
15% Jun
170
Jan 10
8% Jan
4
5
Preferred
;
46%
140
4%
11%
117
49%
140
99
*49%
*115%
1%
15%
*168%
19
.
300
42
26
47%
A U
■7.300
126%
127
26
100
Corp..
Leather Co
Partic &
Prior
36
42
2
'"49%
127
126%
47%
57%
36
•*45%
42%
-•140
97% Jan
'
46%
*1%
126 %
26
74
49%
;V
36
-*74%
*46
*170%
:*
r
*25%
37
36
42%
76
126%
4%
9%
*45
2
"US
6,100
.
conv
Mach
2%
60% Mar
3
14% Jan
preferred..
Dec
89% Sep
10
70
96
Jan
7% Feb
20
Dec
2% May
Nov
9
par
Sep
94%
5ya
19
par
15%
Jan
23%
Feb
-No
35%
Jan
5
28% Jan
..No
Jan
7%
78% Aug 30
8
4
11
17%
11% July
/ 98% Jan
Jun
1
33 % July 14
Jun
—No par
preferred
S Hoffman
14
Jun
Jun
x26
5
6
/ 75% Jan 12
% 1% Jun
3
par
May
69%
22
5
1
Freight Co
5 %%•
4.7C0
8%
8%
9%
57%
47%
3%
8%
8%
*9%
*74%
57%
26
%
9%
8%
9%
141%
—
8
26%
42%.
1st
Jan
22 %
114
105% July 6
11% Aug 30
19
8
10
U S Industrial Chemicals
300
v
112%
57%
77
7%
U S
10
25%
*74%
56%
77
38%
*111%
56%
56
49
25%
36
1%
*47%
*38
5
112%
46%
41%
'
$6
7%
14
24%
*45.
41%
*13%
•
*111%
113%
*35%
46.%
1%
48%
•u
9%
36
U S & Foreign Secur
40
U
14%
49
45 % Apr
Jun
33% July
Jan
21
l%July
5
100
r
Faperboard
3.000
38%
25
3.000
preferred
179%
7%
■
10%
5%
*175%
38%
24
United
Feb
26% May
13%
U S Gypsum Co
38
*111%
6.400
400
38
24
20
7%
1,400
*37%
14
6
5
5
United Merch & 'Mfrs Inc—
104%
15%
14%
7%
No
78%
48
*47%
1
United Gas Improvement
When issued
A
18%
Jan
May
114%
Jan
4
_
'
Jan
55%
26
3
109%
95% Jan
—j.No par
/
Jan
13
Oct
28% Mar
Jan
Jun
70% July 11
5
par
100
78%
14%
16
114
Mar 23
May
17% July
Preferred
*15%
48
7%
V
A>
97
40
Jan
37% Sep
-No
Dye wood Corp.
15%
14%
Jan
17%
3
Fruit Co_
106
93%
18
United
10%
20
34% Aug 21
19
2.300
*105
179%
48
*7%'
$4.75. preferred
78%
78
*175%
*47%
8%
139
10%
110% Sep
120% Aug 18
23
Aug 25
Oct
22% July
102% July
>
X24% Nov
18
1% Jan
Electric Coal Cos—.,
Engineering & Fdy
7
24
22% Apr
31% Apr
United
35
106%
*15%
78%
179%
113 %
48%
.■
15%
77%
8%
i%
10%
106%
*175%
23%
57%
10%
106
100% Feb
; 12'% Apr
United
*103%
20
i_5
Co—
Jan
31% Sep
Feb
Apr
114%
Jan
July 20
28% Aug 21
No par
Drug
500
/1.100
1C4%
6%
Corporation
79%
24 %
100
^.-No par
„
xll8
Jan
6
July
11%
Jan
6
* 22
..
.
35
104%
1
59
86% May
Jan
15%
80%
Jun
—No par
Carbon
-
6.
7
25% Jun
61
United
5,700
6%
92% Feb
26
110
preferred
conv
United
11.400
104%
3
93 % Jan
100
Co..,,
.105%
6
20% July
111% July
par
Biscuit
2.500
15
5
_10
10
14%
Jan
-
100
31
88%
113
17% Sep -14
1Q0
—
9%
88%
6%
-•<
6%
■
6.200
88
*103%
v'104%
6 %
127
*35%
87%
*103
*111 %
40
68%
14
109% Feb
116% Apr
114% Sep
5
*30%
15%
8%
*44%
1.400
420
v
19
par
200
10%
68%
35
7%
*9%
105%
10 %
Feb
100
$3 preferred
'
10%
15
38
35
*104%
113
Co— —No
20.900
14%
31
35
*25%
4%
10
15
•
*126%
*3%
70
31
88%
1%
1%
23%
56%
47%
*68
10%
X88
37%
Dec
United-Carr Fast Corp
200
14%
x76%
No
United
10/200
10
31
31
113%
77
*74
9%
31
8%
48%
139%
70
A
Jan
20
102% Jan 19
20% May 4
United
1%
Jan
8
82% Jun
United
:
-
400
26
42
22
7
—No par
preferred
Jun 28
13% Sep
Sep
9% Feb
100
Air Lines Inc
4%%
67
36%
105%
10
35%
13%
*23
1%
139%
70
*111%
•••..
41
48%
70%
*104%
15
48
7%
46%
1%
10%
35%
15
*37
35
*40
10%
78%
13%
9%
•>
IOV4
179%
*47
7%
*111%
10
9%
United
300
1%
•
,
15%
15
10%
*77
38
*7
14%
6%
*175%
48
*37%
•15%
106%
35
105%
13 ?8
*47
36%
15%
*104%
14%
10%
78%
179%
.37 ;
37
15%
106%
35
105%
15%
*77%
36%
•'*25
1%
Co—r
„—
66
7
76
par
preferred—
non-cum
5%
;v
*65
26
1%
104
*6%
106
*175%
37
*25
1%
•
7.200
22
par
No par
No
United Aircraft Corp
5% conv preferred
500
•
32%
*21%
67
14%
*102%
6%
*6
1%
109
118%
No
Union Tank Car
600
*110
*65
35
35%
*102%
36%
31
88%
<
26
1%
*104%
9%
31
*30%
./
1%
1%
69
*9%
31
*87%
66%
*25
4%
24.400
31%
22
Union Pacific RR
1.800
28
118
*110
*65
25'.
'
31
109
31%
118
A: 22
22
•
2.200
30%
110%
31
69%
104%
71
/>109
•1.600
*27%
4
*117
66%
15
15
*104
70
28
30%
*110
*64 %
24%
99
30%
118
*21%
*110
66%
*24%
98%
27%
31%
*117
<22%
*64%
36%
30%
118
V:
98%
18%
Elliott Fisher Co
Union El Co of Mo $5 pfd__-No
par
Preferred $4.50 series
No par A
Union Oil of California
25
"20
v
106
98%
110%
'
30%
*117
18%
105%
28
110
114%
18%
31%
30%
110
*113%
Under
Union Bag & Paper
Union Carbide & Carb
117%
105%
105
99
*27%
30%
110
*116%
114%
18%
104%
*98%
117
*114
18%
104
99
-
28
28
30%
*108%
18%
104
*116%
*60%
19
108
July 31
4
55
July 14
38%
Jan
54%
18% May 26
10% Jun 27
15%
Jan
18% May
4%
Jan
9% Jun
48
"
Feb
17 % Jan 12
7% Jan
3
May 25
103
Feb
109
Jun
Oct
LOW
S
share
9 per
Sept. 20
$
*9
*9
9%
*8%
9%
*8%
9%
*1%
1%
*1%
1%
*1%
1%
52%
52%
11%
12 %
53
53
51%
53
11%
11%
11%
12%
*28%
29%
*24
24%
30
*29%
*29%
Y
23%
24%
79%
*79%
23%
23%
Y<Y 23%
118
95
*105 -A 106
•.*105
31%
.;Y4:
81
4.
11
•
11
44%
44%
44%
*26%
26%
26
VY 44%
26
25%
25%
25%
101
140
*136
*32
33
*32
>
93%
*118%
118%
118%
26
26%
140
& &■ 33.
-
preferred
1
'
33
Y
1.100
31
29%
29%
29%
29%
29%
-31
107 %
*106%
107 y2
*106%
107%
30%
*106%
30%
*106%
107%
*107
107%
*104%
106%
104%
104%
*104%
105%
*104%
105%
*104%
106
40
68
160
106%
*105
.1
*68
*68
103%
*103
27%
103
27%
&
75%
-Y
72
*68
68
77'/8
28%
*76%
*■
77%
77%
*19%
20%'
*24%"
25
»•
28%
19%
*19%
24%
24% ••"24%
24%
86
*81%
*29
30%
*29
31%
15%
16'/a
15%
16%
9%
9%
9%
9%
9%
*91
92 Va
92 Va
92%
12%
12 Va
12 Va
12
92
12
,
22
.
,
390
*20%
22
42%
30 y*
64
64%
82
81
69
*68%
,
■;v
42%
29%
30
Apr
5%
Jan
11%
Apr
Oct
10%
!
92%
f
12%
12%
:'■■■
37 Va
20
31% July 10
NOV
Apr 24
28% July 10
15 y2
Jan
12
60
Apr
99
Oct
24% July
84% July 14
58% Jan
71% July
conv
Oil
Co
7
22
Feb
7
29% July
7
5
Jan
26
9% July
5
9Va
8
Jan
3
40
11% July 10
4
96
10% Jan
124
66
66%
1.400
*79
81%
100
69%
300
86%
Oct
9
Jan
11%
Apr
115
Jan
24% July
42 Va July
17%
Jan
30 Va
Jan
33% July 17
16 Va
Jan
25%
Oct
5
73
44%
Jan
54
Jun
Jan
57%
Jun
July
43% Sep
.
July 14
Jan
5
74
69 y2 Jun
8
" July 20
87% Mar 14
78 Va
Dec
Apr 26
70% Aug 24
58 Va
Jan
36% July 17
21% Jan
58
Dec
121
5
24
i
3
46
49
Sep
Jan
Jan
4
47% Jan
100
;-Prior pfd 4V2 % Conv series—^100
Wright Aeronautical
No par
Wrigley (Wm) Jr (Del)
No par
9%
4%
6
19% Apr 27
pfd 4%% series
July 31
Oct
Jun
57%
July 10
14% July 14
5
July 31
124
20% Jan
69%
6% July
Jan
80% Jan
Worthington P & M (Del)—No par
69%
Jan
2ya
20 y. July
700
*69
2%
9% Apr
3
2.000
70
5
5
14
Feb
66%
Prior
27
6
30%
'
86
Jan
4% Jan
,
Oct
Apr
Jan
30% Aug 29
•-
7%
Jan
*20%
Aug 29
27
66%
Woodward Iron Co.
87
24
Jan
24
22% Aug
13Va. Jan
2%
Jun
20
Jan
15
July 38
x64% Jan
1
Motors.
Feb
20
.1
28
18
...
No par
20
——
-5
preferred,
Trreferred__
77
66'A Jan
..,1
30%
*68%
69%
Jun
Jan
30%
65% Y 66%
•
112%
Jan
106% July 13
Jan
30%
66.Y
July
40
29 % May
Mar
30%
81%
106%
Jun
136
*
18
No par
$6 preferred
No par
Wilson-Jones Co..:
.10
Wisconsin El Pow Co 6% pfd-—100
*123
65%
Jan
22% Nov
4
July
85
Wilson & Co Inc
2.800
*78
110% Aug
19
36% Jan
■.
July 21
Dec
24% May
100
Jan
32
24%
>
Jan
31
101% May 26
.10
10
64%
120
24
105% Jan
Woolworth (P W) Co
81
? 7
Jun
13
100
w
Jun
36
25% Jan
5.500
64%
19
138
4
42%
.
108% Jun
Jan
20%
80
64%
7
81
8
Feb
127% Mar
X20%
66
49%
Oct
22
52
Willys-Overland
12.300
400
12%
53% July 10
July 17
Wilcox
25.400
92%
3
10
Sep
32% July 10
Prior
1.800
16%
5
16% July
3
Feb
16% Oct
110
104% Aug 25
30O
f
i
6% July
7% Jan
41
Y 42%
65%
x69%
6'/a
42%
81
69
69
Jan
20%
30%
64%
Dec
2%
42%
,|'
21
*63%
81
31%
*20%
42%
81%
Jan
11% Jan
July 10
7'.
$4
92
Y
Jan
19
•
3V
»
i
;
103
13
28
20% Feb
White Sewing Mach Corp
"V-
.
7%
10
11
35% Jun
59% Feb
1.200
J
28%
15%
16
108% Sep
Jun
119
97% Jan
White Motor Co.
7'A
♦123
30 Va
64%
81%
300
28%
9% '} 10 Va
1
conv
1.900
I
-
4
Feb
26% Apr 25
3% Jan
7
103
Jan
...
100
86
*83%'
,.16% Jan
42%
*20%
42%
*63%
64
64
*63
„
Oct
57
109
42%
■
22
tY 29%
42%
42%
29%
*20%
i
<
8%
8%
-
7%
15%
*123
*123
*123
*123
29
92
12
*90%
*11%
*63
7%
15%
12
*63
28%
7%
7%
9%
92%
12
29%
*29
Y
86 :v
*83%
7%
7%
■
8% Y 8%
.
u
7%
9%
*20%
8%
86
*81
29%
24%
15%
16
*91
25
8%
8%
20
7%
7%
9%
24%
•;>
86
*29
20%
*20
24%
8%
,
77
19%
Y'Y 24%
86
15%
Y
*81
*81
7%
76
19%
8%
*8%
8%
8%
.
19%
Oct
87%
1
preferred
100
Wheeling Steel Corp
No par
$5 conv prior pref
No par
White Dental Mfg (The 8 S)
20
5%%
2.000
25 •'
27%
76%
*28 4'j
20 %
28%
Jan
107% Sep
18
Elec Instrument
Wheeling & Lake Erie Ry
120
*102%
103%
*102%
28%
103%
77%
102%
28
27%
;■
70
70
102%
99
5
Apr
97% Aug
.
■
73
* 19 %
;>
27%
'
103%
*102%
31
*29%
:
72
*68
v
V
73
27%
*72
v
71
103
72
i
partic
'1st
Weston
107%
Aug
Jan
32
Westlnghouse El & Mig
Vl0
*29%
Dec
85
67%
X91
2,500
*106%
20%
Jan
14
50
50
101%
*32
Jan
50 Va
16
12.50
Westvaco Chlorine Prod__:.„_No Par
$4.50 preferred
No par
$4.25 preferred
No par
Westlnghouse Air Brake
140
8%
95% Aug 17
21
7.100
1
25% May 3J
3
No par
1.300
27%
*136
r
83
9
22% Jan
26
26% July
79% Nov
6
No par.
_
8% July
Jan
Jan
118% Sep
10
100
100
non-cunt
26%
•
Jan
17%
69
19
1
Western Union Teleg class A-No par
Class B
2%
25% Jun
26
Sep
Dec
July
3
100
101%
136V2
*32
33
*32
102 Va
136%
4%
26
85% Jan
-
No par
26
■
>r- 27 m
102
'-v..
4%%
Maryland- Ry
2nd preferred
Western
900
6,300
44%
Jan
113% Apr
100
preferred
1
Auto Supply Co
6%
17%
Jan
83
100
pfd
Western
1.400
4
11
Pf
'
•
3.100
32%
& 43%
v
26 Va
26 Va
26%
*136
j'\: 11
11%
44%
26%
320
30% July 11
10% July 5
6
Jan
,
par
100
West Va Pulp & Pap Co
1.100
32%
4 h-
Y
4%
*11%
X44 Va
102%' 102 %
.
33
*32
33
s
*26%
140
f-
12
44%
25%
102
101%
*136
140
*4
4
..32%
45 Va
*u%
24%
v
I West Penn Power
90
108%
24%
*107
6%
190
20 y2
96% Feb
1
preferred
preferred
1%
120
'
118
X118
24%
32%
Yj
93%
Apr
23 Va
Jan
Aug 23
18% Feb
77
No par
West Penn Electric class A—No
32%
Jan
23
6% Jan ' 3
Indies Sugar Corp.
West
15% July
Dec
12 Va
1
$4 conv preferred
.
100
8.200
Jan
7%
15 Va
19% July
22% Jan
July
56
6
25
Jan
May
2% Mar
Jan
Jan
22
27
15% Apr 25
Wesson Oil & Snowdrifn.
60
106 %
93%
107%
107
32%
Yf; 4
*
*
24%
92%
"106%
.
'
118%
Y
*24
24%
32 %
26%
25%
:>
101%
100%
101
*136
81
92%
July 10
22% Apr 25
Eisenlohr
Webster
500
15
33% Jun
14
13
Jan
%
26
May 18
Highest
t per share
share
4%
2% Aug 21
62
5
Wayne Pump Co
1.800
8%.
24 %
106%
45%
26 y2
r*79%
%Y
*93%
110
800
Y>
22% Feb
par
Waukesha Motor Co
24
*105%
11 %
•
*23%
93%
24
800
No
Fdy & Pipe
Washington Gas Lt Co
29%
7, 8%
Y
24%
24%
106
*107%
18%
•
Bros
S per
11% Mar 31
9
27
Jan
11% Apr 24
5
Pictures
Warren
•
%*••-•- 1,
93%
106
32%
4 Y
32%
8
2.000
25
x92 % .92%
95%
*94
23
%YV4Y':.
44%
25%
*79%
110
32%
*10%
11%
22%
.
108
f~
32%
*3%
81% Y
*79
119%
*107%
22%
22
108
*10%.
24 <<
93%"
CO
118% 118%
108 %
108%
*23%
106
93%
93%
93%
119
Y:Y8%
23%
Y
95
Y22%
*22
8%
23%
24% >•24%
95
29%
*29%
*29%
Warner
Lowest
$ per share
27
1% Feb
45
Year 1943
January 1
Highest
share
Jan
8
No par
cl A
B
preferred
12,700
30%
18%
:
Y'V 8%
24
*29%
*29%
19 >-•
19
30
12%
"*24%
Y
25
>
80%Y
;
!
29%
29
*24%
19
53
12
»12%
Y
-
8%
93%
93%
12%
19
23%
*94%
105%
105
30
.79%
95%
*94%
Y
19
8%
•
600
53
53
53
12%
24%
23%
23% Y Y,
Class
$7
30%
8%
79%
23%
300
29%
*23%
23%
*79%
100
1%
24%
18%
30
8%
9%
1%
24%
18%
8%
*8%:.
9%
1%
29%
*29%
*18
18%
18%
9%
*1%
24%
'
24%
24%
Ward Baking Co
*9
53%
12
$ per
Par
Shares
share
1%
*52%
:
$ per
share
9%
1%
*29 %
'
29
*28%
:
,
$ per
per share
>
Lowest
EXCHANGE
the Week
Sept. 22
Sept. 21
Range sin
STOCK
YORK
NEW
Sales for
Friday
Thursday
Wednesday
$ per share
share
per
Range for Previous
STOCKS
PRICES
SALE
Sept. 19
Sept. 18
Sept. 16
HIGH
AND
Tuesday
Monday
Saturday
RECORD
YORK STOCK
NEW
1311
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
160
Volume
Apr
108
70%
Sep
'
'
;
I
*33%
14
18%
104
14'A
v
14 Va
13%
18%
18%
18%
387/a
38 %
38%
104
16%
16%
16%
16%
17%
33
14 vV
13%
13%
38H: Y38
103
103
103
103
33
<
*18% v 18%
18%
37%
'
800
38%
2.200
103%
17 V
17%
*17
'
103%
103%
103%
V
17%
18%
18%
38 >
•
i
Young Spring & Wire
No
Youngstown Sheet & Tube_.No
5V2% preferred series A
Youngstown Steel Door
No
York Corp.:
5.900
150
i
2.500
17%
27% Mar
29
1-
Yale ft Towne Mfg. Co
\VT 50Q
33%
33%
37%
37%
103%
*16% "s 17
14%
33%
14
33
18%
*18
37%
37%
>103
33
14'%
14%
14%
*18
33 Va
33
33
34
6
41%
♦Bid
41%
5%
41%
5%
5%
5%
and asked
41%
5%
5%
prices; no sales on this day. -v
§Name changed to
42%
5%
42
42
5%
42
-
5%
tin receivership,
42%
42%
5%
5%
~7%
Jan
33% Apr 24
42% July
5
7
18% Aug 30
30
Jan
41% July
104% July
82
Jan
98
44% July ! 2
19%
14% Jan
par
par
3
96
Jan
6
13
100
par
Jan
3
4.900
r
n New Stock.
delivery
a Deferred
.No par
33% Jan
3% Jan
19
Zonite Products Corp.
Cash sale,
s
6% July
x-Ex-dividends.
wd When distributed,
Special sales,
17%
Not
16% Jun
9% Jan
■
3
1
V Zenith Radio Corp
1.700
',5%
42
July
20% July 14
a,
41%
31% Sep
15% July 20
9JA Apr 25
,
2
5
Jan
37% July
Jan
4% May
y Ex-rights.
W*
Wisconsin Mineral Spring Co.
.1-..!
c.f
:
-
87
PS'
•
Transactions at the New York Stock Exchange
Railroad
and Miscel.
Number of
Week Ended Sept. 22, 1944
Saturday
——
Shares Y
275.240
; •
3,481,000
5,975,000
■i
Sales
*
5,543,000
402,000
560,920
5,301,800
4,780,500
3,138,445
Total
Y
;
Week Ended Sept. 22,
5,621,800
5,086,000
-
Monday.
...
$27,526,400 $ $1,494,000
" '■ $46,000 ;;$29,066,400
507,000
2,000
553,000
482,000
23,000
510,000
41,000
2,000
583,000
425,000
3,000
175,565
396,000
$2,566,000
3,138,445
$46,000
$56,550
2,597,000
27,526,400
58,763,600
1943
192,185,505
224,449,562
Y $4,762,400
$2,553,375
> 91,148,600
2,505,105,400
4,497,433
1,494,000
Stocks—No. of shares
1944
Sept. 22
1944
U.
S.
Government
Foreign.
Railroad ft
Industrial—
.
80,854,500
1,942,932,500
/
$29,066,400
$107,000
Total..
1943
431,000
Jan. 1 to
1944
Sept. 22
1943
$4,262,000 $131,366,500
221,000
7,729,000
10,000
1,002,000
$162,811,000
$2,683,000
$4,493,000 $140,097,500
$174,491,000
107,000
Foreign corporate
$61,417,150 $2,028,549,400 $2,598,807,375
$2,683,000
10,000
$2,566,000
-
,
Total.
$10,000
57,365,062
Bonds
Domestic
Foreign government
430,000
50,208,487
Y 921,245
Stocks—No. of shares
Bonds
585,000
2,000
35,000
921,245
Total
$177,000
2,000
Week Ended Sept. 22
Jan. 1 to
Week Ended Sept. 22
1943
1944
Foreign
Corporate
$2,000
148,865
TotaL
Value)
$5,000
180,875
;
Wednesday—..i.
-
290,000
$170,000
97,995 ;
Government
189,625
Friday
12,000
Foreign
Domestic
128,320
Thursday
15,500
,
—
Tuesday..
-5,000
Y
1944
Saturday
3,691,000
6,193,000
5,957,000
5,000
315,000
546,460
—
Friday
.
7,000 Y
—
■
Thursday
-
$1,500 Y $2,517,600
205,000
211,000
Bonds (Par
of
Shares)
'—Bonds
696,080
Wednesday
Bond
$71,000
$2,445,100
344,855
-Total
Government
Bonds
714,890
Monday
Stocks
(Number
United States
Foreign
Bonds
Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
Transactions at the New York Curb
Af5
1,251,045
10,611,000
1,069,000
Stock and Bond Averages
Below
listed
on
are
representative stocks and bonds
compiled by Dow, Jones & Co.:
—Bonds—
the daily closing averages of
the New York Stock
—
i
Exchange
as
Stnrlfs
10
Totai
i
It
31
'
Indue.
trial*
Rai
road
CTtlh
tie*
16
144,36
39.19
18
144.75
39.12
145.62
39.64
24.70
145.85
39.68
24.81
September
20
September
September
21
145.43
39.53
24.69
September
22
145.60
39.75
24.78
ii
tndutrtai»
10
Flrsi
10
Second
Grad*
Grade
Rail*
UtUi
Total
40
Bonds
Rall»
tie*
101.08
:
101.12
,
i
51.40
106.92
109.01
78.49
106.81
109.07
78.70
109.90
51.87
106.90
109.06
79.16
109.89
101.25
51.97
-
109.88
51.45
•!
24.43
19
8tock»
24.53
September
September
65
•
106.95
109.25
79.55
109.93
101.42
109.91
101.41
109.78
101.40
51.79
106.95
109.28
79.51
51.92
106.91
109.28
79.61
•
J
THE COMMERCIAL & FINANCIAL CHRONICLE
1312
Bond Record
New York Stock
cc»
Wr
WEEKLY
-
NOTICE—Prices
"and
are
for Income and defaulted
Interest"—except
bonds.
Cash
and deferred
RANGE
FOR
WEEK
York
Stock
U.
Treasury
Treasury
Treasury
Treasury
S.
4s
3%8
3Vis
Treasury 3Vis
Treasury 3s
Treasury 3s
27/aS
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury
—
Treasury 2%s
2% 8
2%s
Treasury 2 Vis
Treasury
Treasury
Treasury 2 Vis
2%s
Treasury 2%s
Treasury
Treasury
2 V2S
Treasury
2 Vis
Treasury 2 Vis
Treasury 2 Vis
Treasury 2 Vis
-
Treasury 2 Vis
Treasury
2Vis
Treasury
Low
2%s_«
'?/
j-d
*104.21
j-d
/■://:;
104.10
109.28
J-D
109.28
j-d
"
;./'
109.28
MS
M-S
..'V
2Vis
102.11
m-s
*106.3
106.5
106.12
j-d
*108.16
108.18
109.3
*110.22
110.24
111.9
*110.20
j-d
110.25
*111.2
.
j-d
*102.17
m-s
-
.
m-s
*106.27
j-d
104.2
103.26
*100.18
-
107.29
*104
*103.24
m-s
m-s
100.11
r1
*■
•
*.—
100.16
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stamped
External
104.20
111.16
A 68
only
range for
Friday
Week's Range
(Last '*
or Friday's
Interest
fund gold 6s
Buenos Aires
i-
111.11
/
(City)
Sinking
110.19
; 110.18
*102.8
.
Exchange
Sinking fund gold 5s
v
105.18
104.8
111.9
Stock
__
106.9
109.28
i
110.10 :?/
Brisbane
the
are
.
\
102.29
104.21
•
104.3
*110.8
—
!w» «.-
'/
'
v
.
*111.7
",t
101.15
2
they
•*
7*
Period
111.23
105.9
*104.1
1/1-8
__1952-1955
2 Vis
Treasury
Treasury
Treasury 2s—
-
High
110.29
104.23
*104.8
.„
Low
110.17
el00.31el00.31
MS
1951-1953
2 Vis
Treasury
i
*
January 1
No. /
■
Treasury
unless
range,
22
New York
Range Since
//Sold
,
urn
*110.15
l-O
1947-1933
1944-1954
1946-1958
1946-1949
1949-1952
1946-1948
1951-1955
1955-1960
1945-1847
1948-1951
1951-1954
1956-1959
1958-1963
1960-1963
1943
1948
1949-1953
1950-1952
1952-1954
1956-1958
1982-1967
1963-1968
June 1964-1969
Dec. 1964-1969
—1965-1970
1967-1972
Bonds
Friday's
or
gale Price Bid & Asked
Period
''!'
.
Government
4'As
week's
BONDS
«•%./•
Last
Interest
Exchange
*
;
the
///'/•'■
SEPTEMBER
ENDING
in
No account is taken of such sales In computing the
BONDS
New
,
disregarded
are
tetters in the column headed "Interest Period" indicate in,each case the month when the Jvmds mature.
The italic
Exchange
YEARLY
-
delivery sales
when outside of the regular weekly range are shown in a footnote in the week in which they occur.
the week, and
Monday, September 25, 1944
100
99
,
J
f
RECORD
NEW YORK BOND
V
.
fund extl loan
sink
4s
Municipal Bank extl s f 5s
iCltyi sink fund 4%s.,
Oslo
(Rep;
A Panama
exu
1963
3'As ext to
1994
3'As series B
1967
1947
1959
mod
Stamp
Ext sec ref
external 7s
»Rep of)
A Peru
7s
(State of)
APernambuco
ANat Loan extl s f 6s 2d ser
1940
A4VaS assented
...1958
A Stabilization loan s f 7s
1947
A4%s assented
__1968
A External sink fund gold 8s
1950
A 4 V2 s assented
__1963
*•
__
A Porto
a
1961
(City of) 8s
Alegre
1966
External loan 7'/2s
A
Extl
A
_1940
1953
6'As
sec
A 8s
A 7s
extl water loan
:: -A6s
extl dollar loan
'
16%
25
285
16%
24%
17
24'%
19%
20 ;.
>"
19'A
19%
63
11%
23'/2
"31%
60
External
"15
23%
12%
•21
29%
14
•x
>a
42
"55
'V
conversion—
29
:;
40%
40%
41
9 -V
34
•
v
43%
-t.
40%
40%
3
43
V
40%
-C
47
41%
% 38
ir'--
47
41 'A r ' ' :
.
62
62
i—._1978
extl conv—
3%-4%-4-ft
■
1978
.1984
AWarsaw (City) external 7s——1958
•
A 4 Via assented—
1958
*15
44
30
40%
56%
68
•,•;>'
8
12
M
"•
;/,
65%
54
78
•
78
5
73
10;
"jf-a
59
102% 102 372
103% 103%
12
103%
32
"109%
26
10
10
gold 5s
Oct
97%
.'"1
80%
4
86"
86
series A plain—
A
AStamped
Adams Express coll tr gold
Coll trust 4s Of 1907
gold
4%s
Guaranteed
gold
4%s.
trust
1
Cart & Adir 1st
.
15
101%
63
107%
*; 106% 107
■i 116% 116%
4
95%
11
116'%
116% 116%
4
116%
1157/8
115% 115%
20
F-A
112%
112% 112%
-12
J-D
F-A
M-S
.
108%
108% 108'/a
93%
94%
93%
1949
1947
J-D
-
i,; 104
F-A
1946
10-year deb 4'As stamped—.
Great Southern 3'As
Alabama
Called
(Nov
1 1944)—
American Telephone &
Anglo-Chilean Nitrate deb
Ann Arbor 1st gold 4s
Ark & Memphis Ry Bdge & Term 5s
Armour & Co (Del)—
• ■
A
General 4s
109
1995
1995
1955
4s
Adjustment gold
r
4s
Conv gold 4s of 1909
Conv 4s of 1905—
Stamped
1955
1960
gold 4s of 1910
Short L 1st 4s
Atl Knox & Nor 1st gold 5s
Atlanta &
Charlotte Air Line
Conv
1958
1946
Ry—
1st mortgage 3Us
1963
Atlantic Coast 1st cons 4s_—_July 1952
'General unified 4'/2S A
1964
L & N coll gold 4s
Oct 1952
Trans-Con
Called
(Nov
mortgage
i 112% 113
113
"66
69
92
94
94
•104%
AGeneral
102%
—
124%
124% 124%
44
,118%
125
112% 112'%
1
106%
115
112% 113
3
106%
111%
Ci
109%
111%
;
.
111% 111%
110
110
1
106%
112
r 8
110%
;
"
"
113
83%" 85
v:
86
29
89%
105%
43
July 1948
1st
"
bonds—
Stamped modified
.:*■
1st
;
gold
mtge
1
to Dec
-
AGen
,
58%
55%
M-S
52-,
49%
M-8
52
%' 'fy
38
;
to
Sep 1 1946)
■
'
.-F-A
;
to Jaa
Toledo Cin Div ref
81 Aroostook
Con ref As
4s
stamped—,
1959
4s A
RR—
J-
1
244
85
3
74
82 Va
82%
2
73%
89
.
..
*100% 101%
"1
'
:
■
V-
*101
i
103
,
v
106% 106'/a
'
J-J
.
1
.
-
F-A
FrA
,
103
103
98%
102-•
128
.
.
.
18
•••
101 %
100
.
130%
100 %
1
101'/a
103/a 103 J?
106
*106%
.
26%
26%
26%
29
104'%
104%
2
bvl' H 164 i/f ?I
26
35%
*,1Q7.% 109%
87%
84 V2
ri
y2'
77"
•
M-S
M-N
F-A
107
(
*
106
J-J
J-J
J-J
A-O
V82
108%
97
88
,7,-72%
73
100
102%
8
132%
139
106%
109 %
10
106 '/4 107
106
,-96%
*^74
5
102%
102
106
•
~,-
79
79-
109%
100
,82
30%
104%
•
101%
103
TV 106%
14
.
105'/a
107
12
103
'
i 138% 138%
107%
24%
105% 1051j
14
1065?
98
110%
118
V 84%
110%
39
92%
50
38
48
125%
128%
42
76%
88%
47 ;
65%
50
83%
47%
78%
45
74
110
109%
109% 110
108%
108% 108%
110%
48%
50
7;
13
*127%
83%
84
51%
54
7
47
J-J
J-J
J-J
72%
72%
72%
3
67%
68
*65'/a
68
M-N
11 %
1956
J-J
J-J
12%
May 1 1989
J-J
79
J-J
J-J
J-J
73
81%
^^..2038
&
gen
& gen
4s
..1966
May 1968
5s series A__
6s series B
series A
4s
101%
104
1
104%
106%
.
series E
-
Chicago & North Western Ry—
.1st & gen
2nd
mtge
mtge _4s ser Au
conv income 4%8
Valley Div 4s
F-A
.
A-O
f
1989
1999
J-J
J-J
.
-
25%
part paid
^Chicago Rock Island 81
1927
Pacific Ry—
of
3%s
1934
A-O
1952
1960
1951
M-S
M-N
J-D
1951
Memphis Div 1st gold 4s
1951
Chic T H 81 Southeastern 1st 5s—1960
Income guaranteed 5s
Dec 1196&
A Certificates of deposit
'
7
.•
87
14%
101 %
79
103
74%
86
73
5
69%
82%
81%
81%
200
76%
89'/a
81%
81%
37
76%
89%
82
83
16
77%
90%
53%
52%
54%
525
45%
64%
12 %
12
12%
699
11%
17%
105% 105%
61
68 %
689
103% 103%
*103
104
1
81%
105%
61%
64%
70
67
70
~8%
123
75%
67%
75
36 »4
46%
39%
40%
41%
47%
76
8%
8%
96%
*83
127
8
82%
51%
11%
100
05
64%
89
88%
89%-
17
72
71
72
25
68'/a
7%
90%
84
89
*78%
104
81
587
96
77%
104
61%
45%
41%
63%
103
63
63—64%
68-
101%' 107
103%
75
J-D
J-D
3-D
M-8
14%
30%
30
73
deposit
I ARefunding gold 4s
"lASecured 4%s series A
AConv gold 4%s
:
Chicago St L & New Orleans 5s
Gold
F-A
J-J
1988
4s
A Certificates
.
11%
12%
10%
78
J-J
J-J
1969
Sioux City & Pacific Div 4s——1969
tfAChicago Railways 1st 5s stpd
Plaines
12%
•
17
63%
100% 101
J-J
.
7 11%
7.
14
109
-14
Paul—
..May 1 1989
AGen 4%s series F
May 1 1989
tChic Milw St Paul 81 Pac RR—
.AMtge gold 5s series A
1975
AConv adiustment 5s
Jan 1 2000
'
68
106%
1057/a
110%
M-N
J-J
100%
103
M-S
'
30%
10653
103
105%
J-J
21%
102
•20
J-J
(
122'/a
292
26
u05% 105 jj
..
126'%
120
*122% 126
103%
121%
*126
25%
109
103%
*103%
K;
J-J
f-A
F-A
106
118
7
,
'"•J*
J-D
..
37%
v
.
'
,
39%
28
54
90
•:
30
78
83%
76
56%
y,;
82%
A-O
...1965
1316.
57
130% 130'/a
...I960
page
64;
82%
A-O
Consof mtge 3s series G_——
85
111
101
...1956
see
44%
,104
• 82%
.
91
■!'
J-J
.AGen 4%s
59%-
31%
81
...1950
footnotes
41%
"68
..I960
V
^
171
:
85
A-O
A-O
59 %
78%
•
30%
28%
Ind
AGeneral
.J-J
debentures
...1952
Beth SteeL3%s conv debs..——
.-.1959
Consol mtge 3'As series F__„_
a;
329
39
...1951
2%s
41
65%
J-J
...1951
53
64%
81
J-J
93%
30
102%
AGen
59% ;
46%
-
67,
J-J
-
154
53
83
34%
112
83%
28%
gold 3%s series B__May 1 1989
,AGen 4%s series C
May 1 1989
94%
41%
"
(conv)
tChicago Milwaukee 81 St
'
>' J
1
;
v;
84%
.
...1951
.
>
1950
1 1947) due—.
Bangor
73%
inc
Chicago Ind 81 Sou 50-year
92
304
36%
50
;
23
110%
30%
.T' M'STZ
& Louisville Ry—
ARefunding 6s ser A
^..1947
ARefunding gold 5s series B.-.1947
ARefunding 4s series C
1947
Des
M-N
,,
;
70%
■
59
J-D
Pgh L E & W Va System— ;
Ref gold 4s extended to—1951
v
S'west Div 1st M (int at 3%% %
' ;
\;
r;'
'»• *'
361
V 160
:
53%
r* 50
52
92%
93
F-A fl
c)
TJ-.1997
inc mtge 4%s
AGen
tChicago
AGen
89%, 92
J-D
36-
ill
A-O
;ii.l982 ' '<■
Gt West 1st 4s series Aa-_L1988
Chicago
105%
103
series A
5s
mtge
•
C (int at lVnH
due
1995
D (int at \%
90%
■
due
—2000
Ref & gen ser F (int at 1% to
Sep 1 1946) due.
—1996
A Conv due
Feb 1 1960
r
91%
1 1946)
Ref & gen ser
? '
l
A-O
86%
p',
93
49
F-A;,tat tjwj05 '/a.at? .104% 105%
Chicago & Erie 1st gold 5s
.
to
1946)
Ref & gen ser
i;
-
at
due
.July 1948
Ref & gen ser A (int at 1% to
Dec 1 1946) due
—1995
Oct
'
i
(int
89%
49% i 7
29%'
%7 ;:
56
26%
A-O
1958
Ji.1977 ? 01971
& Eastern 111 RR—
Chicago
39%
-33%
7
12
ref
&
A 1st
A-O
'
16%
49
..jj_I949
registered
1st & ref 4%s series B
48%
37
12
34
103% 103%
& Ohio RR—
mtge gold 4s
Division 4s
Illinois
105 a
41%
10%
11
•26 %
J-J
1949
...1949
registered
3%s
'
105%
1
r:i
21
1949
2d consol gold 4s
.
•89%
69
105% 105%
33%
43
11
11%
28%
•
90%'104
103
105% 105'%
J-J
J-7
US
16%
10%
11
J-J
J-J
•
Chicago Burlington As Quincy RR—
Illinois division 3%s
1949
104%' 107%
107
101% 102%
105%
50%
10%
M-S
t A Chicago & Alton RR ref 3s
,
4s
.J-D
91%
37%
6
1989
1989
General 4s
V M-N
79%
86
1946
1st cons gold 4s
R & A Div
'
111
112
84%
28
1992
1996
1996
Chesapeake k Ohio Ry—
General gold 4%s
i
Ref & impt mtge 3»/as D
Ref & impt M 3%s series E
113
109%
107
85
46%
194«
Prod 5'/2S A
Certain-teed
A 1st
1st
«.__1960
Potts Creek Br 1st 4s
102%
82%
A-O
1987
4s
68%
104
43%
J-J
i
>
1961
1987
1987
§ A Central RR & Banking 5s stmp.1942
104
113% 114
..
53
101%
83
J-D
1940
I960
| Guaranteed gold 5s
B
Baltimore
5s
3'/aS
1987
Central N Y Power 3%s
1962
Central Pacific 1st ref gtd gold 4s_1949
,1 Through Short L 1st gtd 4s
1954
1127a 115%
89
-111%
IT
7-
106
„
114
-
1st gold
registered....
4s
107% 110 = t
' ; ; 108 ,110%
149
h5% 124
23 -" 103% 105
r-uy
107 v 114%
;
63
70
8
76%
94
104%;,
104%
ft 100%
22-"
121% 122
104%
105%
100
Div
Illinois Light
1st gtd 4s
tACentral of N J gen gold 5s
5s registered
.14
109%
109
103
4
A Mobile
69
103%
64%
•
107%
53
46%
A-O
5%s series B
fACent New Eng
95
m
*63
A-O
ARef & gen
"
106
86%
10
i'v 100%
108% 109%
121 %
103%
104
100
108%
20
1959
Nov 1945
gold 5s
; 110%
104%
'103% 104
F-A
M-N
Central
-81%
161
v-
v
95
104
M-N
.M-3
1948
1948
1953
Danville Ry 1st 4s
4s
Atlantic Refining deb 3s
Atlantic &
Second
;
93%
,109
101
67
1945
J
106%
•11
95
1944).
1,
80'%
~
103% 104
104
v
105% 106
105%
114%
65%
*63%
J-J
J-J
J-D
.
1948
■p'. ARef & gen 5s series C
1959
j f AChatt Div pur money gold 4s_.1951
102%
103%
1962
1955
debs.
U P 1st gold 4s
A 1st mtge 5s
4.; .8 A Consol
—.
,(71
'
98
1
105%;
105
'97
10cf'% 105%
20
-
•
"109% 110
105%
114'/a
111%
84%
26
JCenVral of Georgia Ry—
4;
101 %
89%
2
104% 104%
80
A-O
Nov
M-N
J-D
J-D
J-D
J-J
J-D
——1995
-
11
0
100%
Santa Fe—
Atchison Topeka &
110
Branch
A Cent
89%' -102%
101
"102%
v
A-O
1978
debentures
income
7s
1995
1964
106%
107%
100% 101'/«
104%
A-O
J-D
M-S
A-O
• M-N
Jan
Q-J
M-S
1967
103%
109
101% 101%
•
Telegraph Co.—
debentures
debentures
104 %
1
109
...
1961
—1966
3s conv debentures
1956
Amer Tobacco Co deb 3s
1962
Am Wat Wks & Elec 6s series A—1975
3'As
3 Us
103%
10
106% 106%
109
*
mtge
1st
Power
M-N
F-A
1981
gtd gold 4s
Celotex Corp 3%s
103%
8
106%
1967 .'*■ M-N
3'As
1972
J-J
Albany Perfor Wrap Pap 6s
1948
A-O
6s with warrants assented
1948
A-O
Albany & Susquehanna RR 3'As.—1946
-A-O
3%s registered
.
1946
A-O
Allegheny Corp 3'As sec conv
1954
A-O
Alleghany & West 1st gtd 4s
1998
A-O
Allied Stores Corp 4'/2s debs—;
1951
F-A
Am & Foreign Pow deb 5s
—2030
M-S
Amer I G Chem conv 5%s
—1949 - M-N
Alabama
100%
103% 104
v
M-S
1950
Celanese Corp 3%s debs
' 104%
103'
•5' 4
—
.
89%
68%
13
85%:
,."103%
"103%
J-J
1965
117%
111%
108%
•
6-
103,% 104 %
110
118
119
115%
*117% 117%'
110
118%
116
116%
"116% 116%.
104
109%
108%
118'/a 7
116
J-J
J-D
J-J
A-O
I960
5s w w
104%
104%
—
.84%
i
s
99"
'104
1956
Clinch & Ohio 4s
•: 120
109
?119%
85%
85%" 93
'108% 108%
..1955
4%s
Carriers & Gen Corp
J-D
J-D
M-S
'
69
A-O
A-O
J-J
gold 4'/2SiJ._
1951
Canadian Northern.Ry deb.6%s
1946
Can Pac Ry 4% deb stk perpetual
Carolina
1953
1953
4s„...1948
28
1
1969
tlACarolina Central 1st gtd 4s
.5A5s
■
'
89%
'
i
••
29
A-O
1970
Guaranteed
20%
v-
F-A
:
21
A-O
.Guaranteed
^
Companies
JAbitibi Power & Paper—
63%
r
''
21%
25
•
'Railroad and Industrial
■•'
46
80%
-
'22%
;
Collateral
.
44%
489
61%
24%
24%
"109%
—
53%
;■
112%
109
*109
109
109
102%
107 >
109
5
97%
■
Guaranteed gold 5s
.
62
10
22
112-/8
94%
25
1968
3%s
Power
Elec
Guaranteed
-
,
__
*16%
•■.
76
66% ; 79 <
77%.
104%
108
19
J-J
1966
Canada Southern cons gtd 5s A-£i_1962
Canadian National gold 4%s
1957
76% i
'
60
..•;f70..
•!' "67%
F-A
J-J
102%
19
A-O
California-Oregon Power 4s
v78%
60
73
:
73
110
'
.'""6
1
:
58%
108%
111% 111%
61%"
63%
41%
9
* 14
:
102% 102%
A-O
•■
California
91
-—w ■
75%
74%
78
,52%
48
"100%
91
>■
Y-
"80
74%
1
102 '
91
89
•
—
74
56%
47%
108% 108%
•'94
83%
21%
91
*90
62
-
55%
56%
99%
96%
■
%' 92%
91
25
10
102
t
17%
.
11
20
i.-''
-i.-
"96
.7
M-N
.
•
18%
11%
*91
J-D
t
4-4%-4%s extl readjustment
.3 Ac extl readjustment
33
;•
22
*100
ti'J
50
5
;
:"i2
22
•
50
39
Vi
V 2--
,
r> e"'
14%
U; 14'%
14%
'•
.
;'i5
14%
14%;
40%
sJ
38%
■
5
38
-
44%
■■■./. 4
V?.-'.,
.
47
;*.'37%
.
■" p
—
93%
30
20 '.•••:
37%
47
46%
1st lien &
42%
35%
-
"5
>v
ref 5s series B
•
34
81%
43
gold 5s
Debenture
f
89%
■
.
37%
••v
ft-;
M-N
M-N
48%
39
37 'A
■
102
Bklyn Edison cons M
48%
■'
'•
i
J-D
M-N
F-A
J-D
31
__
:
M-N
JABoston & N Y Air
41%
P
41
1950
„1957
Buffalo Gen Elec 4%s B
^
1981
Buffalo Niag Elec 3'As series C
1967
Buffalo Rochester & Pgh Ry—
Stamped
modified
(interest at
3% to May 1, 1947) due
1957
tBurlington Cedar Rap & NOr—
§ A 1st & coll 5s
:
1934
r'-'": A Certificates of deposit.
Bush Terminal 1st 4s
1952
Consolidated 5s—
i
1955
Bush Term Bldgs 5s gtd
1960
45%
30
36%
"t."
,Alnc
35
*45%
>
37%
111%
>-
100% 103
;
4s series RR
mtge 4%s ser A__
102 ;
105
101
10
105
105
M-N
mtge
92 %
105
"100
M-S
F-A
M-N
F-A
M-N
gold 4%s series JJ—
1st
8
38%
38
1967
High
ij-.td
iVO.
Higli
"
•
L 1st 4s
1955
3%s
1966
Bklyn Union El 1st gold 5s__
1950
Bklyn Union Gas 1st cons gold 5s_1945
1st lien & ref 6s series A
1947
1st
50%
January 1
Sold
•
M-N
A-O
J-J
1st M 5s series
44%
Range Since
Bonds
Friday's
or
,
Low
1955
1961
1960
July 1970
II
45
50
18
*
,
'
34
--
43
42%
■
26%
'
i'
Last
Sale Price Bid & Asked
Period
:
•
Week's Range
Friday
Interest
1st 5s A C.;
Boston & Maine
36
5
,
-pi 5
103
■
A,
•
'•
43
43
42'a
;
42 'a
.31v
A-
;A-
-''A"*'-
26
12
23%
"15
M-N
1979
—1979
readjustment-
External
;
v
>
...
Broadway
;•
BONDS
New York Stock Exchange
26%
32
•
•
F-A
F-A
M-N
External sink fund 6s
*
A External :slnk fund 6s—
1964
3%s-4-4%g ($ bonds of 1937)—
-J.
61
28
"15
M-N
M-N
J-d
J-D
-
■
"25
J-J
A-O
.
1955
1940
1960
extl 8s
A
„
20
A Membert New York Stock ExchangeV
tA;,
New York 6 ...
Telephone—DIgby 4-4933
Bell Teletype—NY 1-310
42%
;
;;
19%
J-J
M-S
(City) s f 5'As
Uruguay (Republic)
i
105%
31%
■
40
19%
J-J
f 7s
—1940
Slovenes (Kingdom)—
A 8s secured external
—1962
A 7s series B sec extl
1962
a Silesia
(Prov of) extl 7s_
1958
A4'/as assented
1958
a
104%
2
21%
M-N
s
PFLUGFELDER, BAMPTON & RUST
97
88%
3
20
Serbs Croats &
Sydney
>:
'
40
M-N
1950
1956
1968
external
•;
^
96%
21%
M-S
1936
;
IA San
{aSecured
94%
V:,..
■
J-D
1957
A6V2S extl secured s f
Paulo (State) 8s
v
90
871
Securities
Railroad Reorganization
••*
...
*104%
1 "
M-N
—1967
1964
1952
sink fund 4s
Paulo (City of Brazil) 8s
Santa Pe external
ASao
83
90
;
*92%
V ■
A-O
J-D
1966
external sink fund gold
A 6s
88
96
f
.
1946
1968
extl loan of 1921__'
,A78 external loan of 1926
A7s
municipal loan
•
98
88
Sul (State of)—
Rio Grande do
Abs
100
94
w
■'
A-O
F-A
-
100 %
96
6
•
M-N
F-A
7'/2S—1952
1947
Prague (City of Greater)
Queenslana (State) extl 6s_
A Rio ae Janeiro
(City of) 8s
98
14
98
*92%
A-0
A-O
A-O
A-O
J-J
J-J
3-D
J-J
>
11
98'/a
*86
/;
'
A-O
(Rep of) gold 6s
IA Poland
High
Low
100 %
*87,"
,
'iVi
■J
January 1
-V
Vo.
High
97
-
-
97%
_
1960
1961
loan extl s f 6s 1st ser
A Nat
'
j-d
" i-o ;
M-N
Af-N
3-D
-,
M-S
M-S
M-S
1
3-D *
A.iyoj
1 an &er
t
AStamped assented 5s
•
Sold
Asked
100
M-3
A-O
F-A
!«fn
__1953
Range Since
Bonds
Friday's
Low
98
1956
1965
1963
4V45
tuna
sunt
jt-xttrnai
or
Sale Price Bid &
Period
■
4%s
(Kingdom of)
Norway
Last
' Interest
Stock Exchange
New York
Week's Range
Friday
BONDS
*
:
SEPTEMBER 23
WEEK ENDING
FOR
RANGE
1313
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
160
Volume
85
72%
92%
59%
78%
59
77
1314
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK BOND RECORD
RANGE
BONDS
New York
Stock
Friday
Interest
Exchange
Week's Range
or Friday's
Last
Period
1963
J-J
1963
1st & ref 4 Vis series D
10814
105
107
J-J
107
1962
106
A-O
I—w V,-:
—1957
A-O
1952
„.s.
M-S
—1943
5 A Debenture 5s
M-N
fAChoctaw Ok & Gulf cons 5s
No.
Low
108%
Gas
Elec
&
3V*s
1966
3%s
1st gtd 3%s D—1971
gtd 3%s series E
105%
19
102%
107%
12
104
12
22
55
53
67
59%
106% 106 %
5
;,V-
3
108%
189
5
1990
M-N
95%
95
95%
15
108% 108%
3
1948
1950
M-N
General 4 Vis series A
1977
F- A
3Vis
ref 4 Vis series
1981
B
gtd 5 Vis
Union Term
1st
99%
110%
Hudson
81%
Hudson
Si
A-O
106%
104
101
1977
A-O
1945
1970
J-D
A-O
1980
M-N
(stamped
modified)
106
/'
•*
1st extl 4s
Tol
94'/a
95%
•101%
95
Extended
84
75%
95
Consolidated
102
83
96
1
58%
54%
58%
35
52
28
103
106%
42
103%
106 Vi
108%
109
A-O
M-S
*108% 110
F-A
108%
113%
„
3Vis
Cigar
s.
J-D
J-J
1951
j-j
1961
F-A
f. debs.1953
105% 105%
112%
112% 113
*113
J-J
■
'
15
104
105%
109%
15
V
biy •••A
A-O
103% 104
3Vi8
debentures
1958
J-J
J-D
104
fAConsol Ry non-conv deb 4s
1954
J-J
A Debenture
4s
1955
4s
1958
J-J
47
—
:1?;
Power Co—
1965
1970
1366
1969
mtge 3 Vis
mtge 3%s—
mtge 3 Vis
mtge 3 Vis
2 Vis
;
s
s
M-N
1955
receipts
A Cuba RR 1st 5s gold
J-D
V-
.
1952
J-J
*49
mmJm- V.
1940
J-D
T'"
J-S
1940
105%'
11
58
M-N
77%
75%
78
50
60%
83
M-N
83%
80%
837/a
82
67%
90
F-A
62
62%
241
to
A 1st
109%
107%
109%
108%
111%
112
101%
103 Vi
95%
25
103%
46
44
3
38%
gold
•'Vr..-;.'-:
'
53%
5s
series
1973
2
61
68'/a
45
2
39
53
59
1
59
59
45
10
40
100
;:;3v
107% 107%
93
—
J-J
51
Vi
94%
51
.
1955
•AAssented
£
F-A
1978
54
53 Vi
4%
d-v
F-A
impt 5s series B
■
A-O
105%
79%
99%
105%
89
108
103%
106%
121
45
55%
19
4
Vi
46
46 Vi
4
Plaines Valley Ry—
Chic & N'western Ry.
Edison 4s series F
.
,
Detroit
1963
11
109
J-D
*45
1995
& Tunnel 4Vis
1961
deb 2 Vis
108
111%
108%
111%
15
104%
•25
41
iu.
Dul Miss & Iron Range Ry 3Vis
1962
A-O
tSADul Sou Shore & Atl gold 5s
Duquesne Light 1st M 3 Vis
1937
J-J
1963
J-J
29
107
M-N
107
28
5
102% 102%
w
"107
45
Vi
1948
A-O
1st 5s
1950
42 Vi
98%
6
102
106%
108
47
20
107% 108
M-N
(NY) 1st cons gold 5s
Elec Auto-Lite 2Vis debs
1995
J-J
1950
J-D
Elgin Joltet & East Ry 3 Vis
1970
1965
A-O
1965
102%
A-O
5s
1st 5s
stamped
Empire Gas & Fuel 3 Vis
Erie
Railroad
1962
24%
16
107
Div
1st
mtge
3
96%
99
34
107%
105% 105%
2015
J-J
78%
1971
M-S
28
tFlorida
A 1st
East Coast
&
ref
1st
I1959
4 Vis
5s series A
ACertificates
III—1974
of deposit
III
~"l958
"1950
103 •'
76 Vi
79 Va
160
16%
110
43%
57%
J-J
48%
47%
49
127
43%
57%
61%
65%
67%.
110
56
69%
2
103
105%
7
105
A-O
1947
J-J
103% 103%
..1955
M-S
M-N
F-A
108%
*
Machinery Corp 3s debs
Francisco Sugar coll trust 6s
J-D
M-N
89%
88
90%-
F-A
92
90
James Frankl & Clear 1st 4s.
Jones & Laughlin Steel 3%s
\,:y'
#
1959
J-D
1961
*•'
£
J-J
* '
City Fort Scott
ACertificates
.jp
tA
I'
r
Georgia & Ala Ry 5s...
tlAGa Caro & Nor 1st
ext 6s__
Goodrich (B F) 1st 4
Vis-
1940
ToctTlflJ?
Grays Point Term 1st
gtd
Great
5s_I
Northern 4Vis series
General 5Vis series B
A—II
General
&
Mem
of
77
102%
Gen
mtge 3%s series 1
see
page
{gsJ
194?
J-D
J-J
^
III
mtge 4s series G
mtge 4s series H_.
1977
I
\a±a
1943
IIIIIIIi967
1316.
J-J
J-D
—
—
58%
83%
8
95%
103%
A-O
—
98%
101%
23
72%
*101%
A-O
85
83%
83%
84
13
71%
86
1950
A-O
88
85
88
188
69%
88
..Apr 1950
J-J
84%
81 Va
85
97
72%
89%
..I960
J-J
105%
105% 105%
4
105%
109 %
—1987
J-J r
118 Va
1
114%
deposit
1st 3s
*60
Stamped
1961
J-J
Plain
J-J
*101%
s4%s
unguaranteed
1961
1st
ref
&
A-O
1954
6%s—
J-J
1997
Kings County El L & P 6s
Kings Co Lighting 1st 5s__
J-J
1954
Koppers Co 1st mtge 3%s
Kresge Foundation 3% notes
*95 Va
94%
172%
175%
107%
WW
108%
110
109
1
1961
M-S
*106% 107%
1950
M-S
104 Va 104 Va
..1959
M-S
S
A-O
*100
110'/8
106%
108
2
102%
105%
5%
15
3%
5%
w
—
tAKreuger & Toll 5s ctfs
v/V
.;tV
1
^
Laclede
Gas Light
.
...
extd 5s.
1949
100%
98%
100%
104% 105%
22
93%
105%
89
100
47
111
106"%
82%
100 %
&
series
Lake Sh & Mich Sob gold 3%s
3%s
registered
J-D
1997
:
1997
J-D
mtge income reg
1975
105
•100
99%
103 Vi
106%
103
64%
1
84%
107
3
117
3-
133
98 %
100 Vi
42%
73
.
i
59%
42
56 %
103
97%
103% S
102%
1st &
ref sink fund 5s
101%
105
27%
5
22%
32
67
68
7
48
71
5s stamped.
x
;ist & ref sink fund 5s
58
stamped
J-J
.1954
T—
—1964
x
—
1st & ref sink fund 5s
1
stamped
modified
"95%
96 V8
8
84%
96%
84 Va
1
71
85
84
2
65%
85%
70
80
10
6a
83
61 Va
18
56
69%
J-J
69%
67%
69%
11
64%
80 %
M-N
35%
34%
36
*83 %
38%
M-N
43%
A-O
67
A-O
A-O
F-A
42%
43%
67'/4
82
A-O
102
M-S
106
M-S
1949
M-S
64%
106
120
57
78
120
6
123%
127%
100^
■
*108%
46%
42%
47
66 Va
48%
35
_
43%
36%
58
__
*100
120
44%
32%
39%
*126
1949
(P) Co deb 5s
38%
*34%
M-N
1950
33
101
*33
M-N
..1949
gold 4s
104
120
122%
32
WW
101 Va 102
3
101%
106
106 %
106
106 V*
5
103%
106%
106
106 %
17
104
106%
106% 106 Va
15
104
106%
1951
1st
Bridge
Co gtd
4s
A
13
118%
120%
A-O
103%
103% 103%
25
102
104%
1969
J-J
100%
99% 100 V2
87
1966
5s series
F-A
1963
debentures
Jeff
F-A
1962
4s series A
stamped
&
99%
86
84 Va
96%
F-A
1951
Ark
88
104
82%
2003
Long Dock Co 3%s eXt to
Lou
'
.
2003
Long Island unified 4s
&
.
84
.
2003
debenture
ref
95
60
2003
modified
Guaranteed
*92%
';
82%
2003
L
modified
gen
104%
100%
•_ww'
*99% 100
F-A
105%
61
Lehigh Valley Terminal Ry ext 5s_1951
1st 50-yr 5s gtd
1965
Liggett & Myers Tobacco 7s
.-1944
5s
'
67
97%
97
7
10
F-A
Lex & Eastern
Little Miami
•103%
M-S
491
11
100%
1950
ext
registered.
5s stamped
A-O
%
,.
registered
stamped
53 Va
105
104% 104%
1974
Valley RR—
105
~
1954
gtd 5s
Lehigh Valley N.Y 4%s
Lehigh
52 %
105
1964
1974
stamped
Leh Val Harbor Term
M-S
*106
1945
M-S
*100%
r119
119
107
__
93%
103
~
105
110
101
WW
102 %
Louisville & Nashville RR—
1st &
ref
5s
104%
107%
1st
&
ref
4%s
101%
21
—
J-J
1954
Louisville Gas & Elec 3%s
4
27%
Dec
1954
1954
Lehigh & New Eng RR 4s A—
1965
Lehigh & N Y 1st gtd gold 4s.....1945
Lehigh Valley Coal Co-^
V ;
97%
101%
44
__
105% 105%
90%
:x»~.
__
98%
103%
80
101% 101%
105% 106%
:'v
98
27
150 Vi
27
50
*102 Va
98
——
—
102
100 v4110%
103%
47
—
69
91%
*107%
110
119
51%
70
*168
J-J
88
99
104 Va
99%
118 Va
*100
1961
85 %
16
102
46
84%
100%
106
1
'
ch
Ry—
100
102
104% 104%
—
41
J-J
3s
—
77%
1961
Louisiana
J-J
75%
102% 102%
5%
1936
Kansas City Term 1st 4s
Kentucky Central gold 4s
Kentucky St Ind Term 4%4
LorMard
J-J
967a t
3
F-A
J-D
1961
iQ7-,
~~
Gen
footnotes
1934
iqco
General 5s series C__
General 4Vis series D
General 4%s series E
For
1104b
95%
77%
5
F-A
L-;v'
Berg Co cons 5s
Castings 5Vis
74%
144
4%
—1953
'
Steel
129
92V4
4%
4%
D_..__—1960
•
Gas & Elec of
103
K
r\
1st gtd gold 4s._1990
Kansas City Southern Ry
Ref- & impt 5s___
4s
Gen
102
100%
102 V4 105
5%s
26
•103%
101%
109
97%
101 Va 101%
ref
114 %
.
Food
U
108% 109
24%
Coll
10
128
99%
46
61%
19%
49
108%
107%
102
•40
M-S
47%
19
47%
CJ^
103% 104
126
J-D
112
54
19%
5%s series
103% 103%
M-N
52%
101 Va
1st
&
ref 4s
series B
series
series
2003
A-O
106% 106%
2003
A-O
105% 106
23
2003
C
D
A-O
1C5V'4 105%
30
3
106%
104
99%
108
107%
106%
2
J-J
105%
119
111%
1st & ref 3%s series E
118% 119
2003
A-O
19
106
39
94%
106%
111%
105% 106
J-J
119%
126%
126
J-J
102% 103
102%
126 %
102%
6
105%
1960
J-J
3
105%
104%
107%
100
119
Unif mtge 3%s series A ext
Unif mtge 4s series B ext
Paducah & Mem Div 4s
1950
23
1946
F-A
111
St Louis Div
1980
M-S
106 Va
Mob
J-J
—
—
126 %
118% 118%
J-./
110%
110% 1107 a
J-J
102%
102 Va 103
J-J
J-J
101%
—
-
48%
J-J
4%s
M-N
106%
ref
101%
•107
J-j
111
104%
J-J
M-S
4s
1953
110%
1955
4%s
1961
72%
6
106% 106%
1952
4s
1943
44
103
110
102% 103 Vi
JAFlorida Cent & Peninsular 5s
78%
Coll &
105%
106%
105%
Firestone Tire & Rub 3s
deb—.
Flintkote Co 3s debs
104%
1951
5s
3Vis
74
98%
54
148%
106% 106%
•90
102%
1995
mtge inc 4 Vis series A
Ohio
J-J
Vi
13
—
It 102%'102%
:
98
106%
114 Va
J-J
Co—
1st cons M 4s series B
Gen
*
*150Va
-
—
M-3
El Paso & S W
S!!{l06Vi
._
52%
2
A-O
1947
Cons sink fund 4%s series C.
Ry Minn Nor Div 1st 4s
87
JAIowa Cent Ry 1st & ref 4s
A 1st
East
64 %
104
111
106%
53
1972
Lehigh Coal & NatTs f 4%s A
East Tenn Va & Ga Div
57%
62%
M-S
Lautaro Nitrate CO Ltd—
Ed El 111
78%
107
50
T>
1950
6%
50
1
106% 107
J-D
gold 4s
Term
40%
109
109
6
188
Int Telep &
Teleg deb gold 4%s
Debentures 5s__
8
3%
26
108
1970
t
4%
73
108
gold 4s 1995
Detroit & Mackinac 1st lien
Dow Chemical
M-S
3
4
Vi
A-O
1966
Gen & ref mtge 3Vis series G
Gen & ref 3s series H
B
Int Rys Cent Amer 1st 5s B
1st lien & ref 6%s
56%
4Vi
45 Vi
4
46
98
78%
95%
68
A-O
99
69%
J-J
.1944
Internat Paper 5s series A &
Ref sink fund 6s series A
102%
103%
U-w.t
11
52
53
16
,
106 Vi 106 Vi
J-J
99
y
52
•103 Vi
94 Vi
•
95
104
J-J
82%
ig56
gARefunding gtd 4s
A-O
-1930
f 5s
64%
76%
67%
1
73%
fDenver & Rio Grande Western RR—
s
J-D
%
1956
B.
gold 5s series C
§AInternat Hydro El deb 6s
IKansas
M-N
91
59
U 65
w'-»'
67%
J-J
mtge 3s series F..1961
92%
72
:'ww:'
■
76%
——
71%
101
58%
59
102% 102%
J-D
—1936
4Vis
69%
54%
41
.
53%
62
59
•
j-j
Delaware & Hudson 4s extended—1963
& Light 3s
Rio Grande RR—
F-A
'
::'.yyr
72%
*95%
J-D
1963
A 1st
8
—
*50
59
58
70
76%
1951
.
45%
90
69%
*70
1963
& Iowa 1st gold 4s
1950
tAInd & Louisville 1st
gtd 4$.
1956
Indianapolis Union Ry 3%s ser B.1986
46%
*89%
J-J
JAlntcr-Great Nor 1st 6s series A.1952
.AAdjustment 6s series A
July 1952
59
•I—
A-O
*970
Power
1951
48%
79%
92%
J-J
79
97
lOOVa
F-A
1951
III Cent and Chic St L & N
O—
Joint 1st ref 5s series A
1st & ref 4%s series C
70
60%
J-D
J-J
Inland Steel 1st
—'
68 Va
J-J
1951
105%
45
1965
J A 1st consol 4s
i960
...
D
Union Ry 3Vis series B
J-J
J-J
Kanawha & Mich
Dayton P & L 1st mtge 3s
84%
1950
114%
17
70
84%
109%
w
97
64
VV-'iJ-
1952
Western Lines 1st gold 4s
109%
'."i
97%
96%
81
62%
103 Vi
105%
97%
:"
-
60%
105%
16
100
100
ff
1953
Springfield Div 1st gold 3%s
59%
102
92
108
45%
103%
100
57
102%
7
101%
'102 Va
78%
105%
14
103
78%
102%
50 Va
*65
:
—
receipts
Curtis Publishing Co 3s deb——.—1955
A Second
34%
76%
104
—
111
•V 43%
ADeposit
Detroit
21
72%
27
..1953
111
45
extended
B
47
48%
102 lA 102%
•
receipts
ADeposit
See
102% 103 Va
55%
90
76%
101%
*102% 103
102%
—
receipts
A7Vis series A extended to
Des
208
78%
11
W'
109% 109%
*10.9
\
J-D
'ADeposit
A Ref &
27%
78%
114%
107% 103
—W.yV'V
■
A-O
Deposit
A General
117 %
61
27%
A-O
111
47
*46%
105%
M-N
M-N
1942
f debs
(ACuba Northern Ry 1st 5Vis
V
105%
M-N
1950
f debs
Crucible Steel 3 Vis
IAConsol
116
60
M-N
25
104%
46%
J-J
ADebenture
&
72%
1955
105%
106% 106%
1951
Consolidated Oil conv deb 3Vis
Delaware
56
1952
2
1950
fDenver
95
105%
108
71%
'116% 116%
A-O
i6
debentures
Dayton
85 %
103
27%
M-8
Ind 111
3Vis
1st
1951
1951
sterling
113%
103% 103%
series
138
98
4
61
J-J
5
A-O
A 6s
130%
"5
95
70%
AJ
9
-w.
105% 106
104
104
1948
1st
gold 3Vis.
J-J
St. Louis Div Si Term
gold 3s
Gold 3%s
113%
__
debentures
1st
1981
iqpi
,
Litchfield Div l3t gold 3s
1951
Louisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s
1951
110
*114
—
3Vis
A
93 Va
71
A-O
40-year 4%s
Cairo Bridge gold 4s_
64%
104 % 104%
104% 105%
Consolidated Edison of New York—
Co
111%
98
Collateral trust gold 4s
98%
102
-.'I* • '
104%
1958
3Vis
debs
Ry & L 1st & ref 4 Vis
Crane
110
88%
Collateral trust gold 4s
Refunding 4s
Purchased lines.3%s
101%
105 Va
1968
Conn River Power s f 3%s A
1st
_5
104 % 104%
F-A
1951
1st
1st gold 3s
92% 105
140
__
95
107%
95
47
M-N
1955
I
mtge 3Vis series
Consumers
66
'137 Va 138
95
M-N
1957
1st gold 3%s
78
■
100% 101%
'
WW
107
106%
1
3
103% 104%
%
95%
••
Ci}
commonwealth Edison Co—
Conn
1949
Feb 1957
Illinois Bell Telep 2%s series A
Illinois Central RR—
1st gold 4s—
".V
106
J- J
May 1952
1961
deb 5s
G & E
1st extl gold 4s__1948
Columbus & Sou Ohio El 3% 8..
1970
Conv
1st gold 5s
Manhattan 1st 5s A
Refunding 5s
Columbus & H V
1st
65
108%
" 107
107% 107%
107 V2 107%
107%
A-O
1st gtd 4s
Debenture 5s
Columbus &
A
J-J
95 Vi
& Southern Ry.—
Columbia
series
AAdJ income 5s
77
82
107
J-J
A-O
Iron 5s inc mtge
Colo Fuel &
Colorado
....1999
Co Gas
57%
53%
—
1973
1st s f 4Vis series C
Coal River Ry
4Vis
88%
..
*108% II
*107%
*108 ?X.wv
1972
f 5s series B gtd
s
17
101%
H
-
29
—
F-A
1st gtd 4%s.—.1961
Cleve Short Line
Cleve
69
89%
8
V
Pittsburgh RR—
gtd
Series D 3 Vis gtd
&
109%
J-D
68
Gen
■
*97%
1962
69
&
High '
12%
110% 110%
M-N
67%
C
Low
65
110%
M-N
67%
Series
M-N
1954
68
Cleveland
January 1
13
81%
J-J
1969
Houston Oil 4Vis debs
Hudson Coal 1st s f 5s
68%
•110
108%
1952
101%
I 'Hrr
100% 101%
i-j
stpd.
t§Ajttousatonic Ry cons gold 5S...1937
J-J
——1970
M 5s
Socking Valley Ry 1st 4%sl
J.J
Elec Ilium 3s
Term
112%
1977
Cleveland
ref
Gulf States UtU 3%s series D
111
1991
coll tr gold 4s
Ship Island RR—
&
Range Since
Sold
No.
100% 101%
80%
81%
|
111%
4Vis series E
1st
J-J
111
Cin Wab & M Div 1st 4s
St L Div
&
J-J
-
/
Bonds
High
*12%
110
J-D
Ref St impt
1975
2015
Friday's
*69
Feb
mtge inc 5s series A
1st
Feb
106%
1993
General 5s series B
>
B
5
J-D
Cleve Cin Chic & 8t Louis Ry—
gold 4s
or
Low
9
;
1993
•111
—
Week's Range
Last
Sale Price Bid & Asked
72
■v*:.1
110% 110%
106%
Gulf
87
108% 108%
J-D
Gen
85
55
ctfs
Gulf Mobile & Ohio 4s series B
104% 108
85
87
67
M-N
A Debentures
109
83%
F- A
General
Interest
'
108
83%
1969
mtge
Friday
Exchange
Period
108% 110%
105% 106%
87
F-A
1967
Union Term
1st
New York Stock
Hiah
56
'
mtge
2°.
January 1
'
Cincinnati
SEPTEMBER
Range Since
Sold
Hiah
108
J-J
1952
JJAChilds Co deb 5s
1st
ENDING
AGreen Bay & West deb ctfs A
mtge 3%s series E
1st mtge 3VbS series F
Chic & West Indiana com 4s
Cin
WEEK
Union Station—
Chicago
1st
FOR
BONDS
Bonds
>ale Price Bid & Asked
Low
Monday, September 25, 1944
14
51
98 Va
184
102 Va
101% 101%
72
105 Va 105%
72
101%
91
%
2d
gold 3s_^
&
1945
M-S
103 %
Montg 1st gold 4%s
South Ry joint monon 4s
1952
J-J
106
At.l
1955
M-N
106 Va 106 %
Knox
&
Cinn
Div
4s
103
*103
98%
98%
98%
1
105%
105 V4 105%
*113
94%
104%
100
103
*102%
25
—
104
101%
106%
112
113
RECORD
NEW YORK BOND
Period
Sold
Low
Gen
mtge 4
62
M-N
*
M-S
M-N
62
7614
52
68%
49
3
A-O
t§ANorfolk Southern RR 5s A
102%
101
5
102 %
...
102%
North
Central—
& Sag 3 Vis
J-J
M-S
1949
1962
M-S
series B
Alst & ref 5Vis
10%
5 Va
1
42%
42%
43
44 Vi
44 Vi
44%
5
42%
42%
42%
8
*5%
82%
83 -A
82%
j-j
RR 1st 5s
1959
Mo Kansas & Texas 1st 4s
1990
Missouri-Kansas-Texas RR— '
Prior lien 5s series A
-.-1962
40-year 4s series B
1962
Prior lien 4 Vis series D
—1978
A ACum adjust 5s series A
Jan 196'
t A Missouri-Illinois
50
63
64%
69%
71%
b8
64%
13
1st; Ss^
Transmission
gold 4s
Line 1st cons gold 5s
Guaranteed stpd cons 5s
A
General
4s
5s series G
ref
&
64
42
57
56
36
67
138
56%
72%
369
22%
30
56%
.73
1st gtd gold
1st & ref 3%s
Montreal Tramways 5s ext
Morrell (John) & Co 3s debs
Morris & Essex 1st gtd 3Vis
Constr M 5s series A—
V Constr M 4Vis series B
Mountain States T & T 3Vis
Mutual Fuel Gas 1st gtd 5s
Power
760,
66%
66 Vi
64
1960
1965
10%
..1971
72%
64
66'%
202
56%
66
63%
66%
205
56%
72%
67
67
1
60
73%
106% 107
20
108% 108 Vi
111
109
94%
96%
100%
101%
48%
63%
101
37
60%
61%
39
55%
60%
54%
56%
51
New
O
N
New
M-N
*110%
107
102%
103
A-O
103
102%
107%
102%
103%
103%
5
105%
105
105%
105%
99%
104%
-
M-N
*104%
*113% 114%
J-J
115
115
1
114%
117%
9
% 124% '124%
F-A
S
122%
126
1998
Central RR 4s series A
impt 4Vis series A
Kef & imnt 5s series C
Conv secured 3Vis
Y
N
2013
.2013
1952
1997
1997
1998
1998
1998
1998
Ref &
Hud River 3 Vis
3Vis registered
Lake Shore coll gold 3Vis
3 Vis registered
Mich Cent coll gold 3 Vis
3Vis registered
New York Chicago & St Louis—
Ref 5Vis series A
1974
Ref 4Vis series C__
1978
1st mtge 3Vis extended to
1947
N Y Connecting RR 3Vis A
1965
N Y Dock 1st gold 4s
V.951
N Y Edison 3%s series D
1965
1st lien & ref 3Vis series E
1966
N Y Gas El Lt H & Pow gold 5s—1948
Y
N
i
\
Cent &
Purchase money gold 4s
Y & Harlem gold 3 Vis
A
Mtge 4s series B
N Y Lack & West 4s series A
N
Mtge 4s series
4 Vis
series B
JN Y New
Haven
1973
1973
& Hartford RR—
1947
-1947
1954
4s
—1955
4s
1956
certificates 3Vis
1956
6s
1948
A Non-con v
deb
4s
ANon-conv
deb
deb
deb
deb
3Vis
3Vis
ANon-conv
ANon-conv
ANon-conv
ADebenture
AConv
:
1949
2000
2043
2043
§A
J-J
6
105
deb
.1940
1957
I'' Alst & ref 4Vis series of 1927—1967
IA Harlem River & Port Chester—
c
1st 4s
1954
tAN Y Ont & West ref gold 4s
1992
AGeneral 4s
r
1955
N Y & Putnam 1st cons gtd 4s
1993
N Y Queens El Lt & Pow 3Vis
1965
N Y Rys prior lien 6s stamp
1958
N Y Steam Corp 1st 3Vis
1963
tiAN Y Susq & W 1st ref 5s
1937
5A2d gold 4Vis
1937
5AGeneral gold 5s
1940
ADebenture
4s__—
ATerminal 1st gold 5s—I
For
footnotes
see
page
1316.
1943
gold
93%
27
104% 105%
102%
105%
"
75
106
2
111
111
1
108 %
111%
104%
110%
102%
104
105%
M-N
*102% 104
J-D
104 Vi
104%
15
104
J-J
106
106%
11
106
108%
108%
110%
106
J-J
106 % 106 Vi
5
106 Vi
J-J
105% 105%
40
105%
105%
107% 108
108
110%
20
110%
5
'106%
24
104%
105% 106%
32
104%
106 %
108% 108%
10
108
110
108%
110%
106
106
J-D
J-D
A
A
110
J-D
110
•105
>105
J-D
.
106
v
1944
1952
w-'f:
1st
4s
71%
40
82%
74
76
75
75
75
5
72
75
3
71%
81
74
74
4
69
General
82%
75
80
75
F-A
74
A;v '5A.
'
%
68%
A-O
80
*71%
87
74
78%
76%
78%
•
32
78
73%
*70
'
85%
3-J
*100
—
71
68%
:•
A-O
64%
63%
09%
M-N
F-A
77%
.
87
100%
68
70
63
65
3
A
Series D- 4s
91%
Series E 3%s
84
Serijs
78%
79%
Series H
63
73%
Series I cons 4
106% 107%
106%
M-S
99%
A-O
A-O
F-A
■'
107%
87
101%
102%
107% 108
107%
33
105
109
97
25
78%
96
96%
108Vi
9
106%
A-O A.
108% 108%
4
108%
110%
."•/A 2
114
115%
A A 12
109%
111
104
105%
108%
114% 114%,"
J-D
F-A
110%
M-N.
r-:';
110
>
*105%
110%
A
„
102
A.:A~7
107% 107%
J-J
M-N
73%
76
76
-
*107% 109%
M-N
73
:
103
101%
*105%.110%
J-J
110%
83%
71
77
...
,
89%
cons
gtd
.1963'
Vis
guaranteed 4%s__1964
1970
1975
1977
Pitts Coke & Iron conv 4Vis A
1952
Pitts Steel 1st mtge 4Vis
1950
1st mtge 4Vis series B
1950
Pitts & W Va 1st 4 Vis series A
1958
1st mtge 4 Vis series B
1959
1st mtge 4 Vis series C.
1960
Pitts Young & Ash 1st 4s ser A—1948
lit gen 5s series B
1962
1st gen 5s series C
1974
5s series A
5s series B
Gen 4Vis series C
109%
107
guaranteed-
Gen mtge
97
A-O
J
Gen mtge
100
304
*101% 101%
i
•
A, 95%
-70
,
99% 100
A
F
Series G
Series
A-O
1943'
gold——T<,nTl949
4s guaranteed g0ld_rf^1953
4s guaranteed—-—-^1957
cons guaranteed 4s—A1960
96%
62%
27
__;
■
1964
65
69%
F-A
1963
Phillips Petroleum 2%s debs
Pittsburgh Cine Chi & St Louis—
69%
22"
1902
deb 3s
1937
78%.
A:
1973
——1949
-
-
1st
4Vis series D_
5Vi inc deb
Elec 1st 4%s
1st 5s extended to
Potomac El Pwr 1st M 3%s
1st mortgage 3 Vis
Pressed Steel Car deb 5s
Pittston
Co
Portland Gen
■
48%
46%
46%
46%
41
A-O
45%
46%
J-J
48%
17
46%
48
49
45
46%
61
46%
46%
3
45%
59%
52%
53 Vi
117
50%
64
84%
48%
'
■
J-J
53
A-O
—
—
'
86
82
94
1st
St
31%
1st
&
22
63%
1st
&
ref
43
170
22%
52%
*
-.48%.
84
13%
J-D
4%
A-O
M-N
61
62%.
109 '
109
J-J
J-J
—
—
'•
——
'
*106
mtge
*42
*16
,0.0.
F-A
M-N
22
62%
15
52
69.%
8
108
A
—
*6
—
117%
70
115%
125
104%
103% 104%
101
97
115% 115%
13
106
116%
115%
115% 115%
16
105%
116%
103%;
103
103%
68
99%
104%
*—
111%
110%
112%
J-J
M-S
■
i:
■
6
23%
53
105%
107
72%;.,
41
55%
25
71%
40%
41
ji; >106
—1972
2037
8s_.
2037
Nor 111 3%s——1968
106%
'it. ('•102% 103
103
■■
v
';-
95%
97
105
A;
A.
*125%
0. M
,.
__
^
.
81
95%
103%
87%
5
<A
>
A
105
*131%
J-J
A
^
78
'A
97%
97 Vi'I N
F-A
..
Vi
A 95%
f
104%
82
53
,
96 Vi
A... A 5
97%
•
103%
107
131
'
132
121
: '
125%
105%
109 %
108% 108%
J-J
15
106% 106%
21
106%
1113/4
103'/a
19
101%
104
"
;;A?
M-3
J-D
106%
■4A
103
—
65%
J-J
M-3
> 28%
M-N
'
'-000 ;
•
105%
M-S
J-J
17%
65%
101%
M-N
,
.
V:A;'
F-A
38%
174
27%
167
17%
10
104%
105%
105% 105%
14
104%
106%
17%
22
7%
55
100%
101%
103%
104
104
104%
17
*103%
—
J-D
'
;
M.—
14
112%
112%
112
113%
113%
*114%
115
122%
*123%
123 %
123
122% 122%
M-N
19%
,
*112%
F-A
;
—
*112
M-N
^
31
6%.
18%
101% 101%
"'MM
F-A
72 Vi
28'A
104% 104%
*13%
F-A
A
64%
124%
3
116%
125
125% 125%
7
116
126%
106
106%
7
106
107%
M-3
104
104%
13
102
105
J-D
104% 104%
2
102%
105%
103% 103%
6
101%
105
72%
4
59%
58%
58
J-D
124% 124%
A-O
J-J>
J-D
J-D
72
72
A-O
73
73
73
1
A-O
72%
72%
72%
5
J-D
*106
F-A
83%
83
83
107
121%
107%
*122
107%
121%
J-D
J-D
93%
93%
J-J
M-S
105%
105
106
102% 102%
J-J
J-J
109.
109
109
5
30
J-J
102
102
95
...
106
105%
4
108%
109%
113%
113%
102%
21
100 Vi
103
20'%
15
17
20%
M-N
99%
101
*113
F-A
86
1
M-S
*99% 103%
J-J
110
98%
30%
100%
110%
*106%. 107%
106%
107%
*148%'
M-N
J-J
110
147%
148%
110
—
224
111%
99%
105% 105%
A-O
224%
105%
*222 Vn"
J-D
100 Va
18%
4%
4
1957
1956
1968
Securities 4s
tAProvidence Terminal 4s
Public Service El & Gas 3%s
109
107%
9%
111%
14%
109
107%
*105% 106%
J-J
F-A
102%
29
*106%
M-N
19B1
t A Providence
Public Service of
M-S
1977
ref mtge 5s
21%
A
J-D
—1977
1964
1960
1950
1968
ref mtge 3s
16%
51%
M-N
59%
61
48
J-J
M-N
60
45 Vi
'.13
60%
45%
48 Vi
45%
A.
M-S
46
■
M-S
125
110
115%
J-D
tIAPhilippine Ry 1st s f 4s
ACertificates of deposit—
83%
72%
*71
F-A
81%
19
77%
77
.
74%
63
141
■
95%
90
*89
J-J
56%
424
-.I---
71
94%
95%
'
100%
100
100
J-J
78%
232
65
70%
59
82
71
6s__
Philip Morris Ltd
3s debentures
..
.
F-A
A-O
AConv deb
121
A-O
M-S
'
107%
22
124% 125
-
J-J
Coal—
^Philadelphia & Reading
A ref 5s stamped
-0-0
J-J
1977
19ei
1967'
1971
gold 4%s series C
Philadelphia Co coll tr 4%s
Phila Electric 1st & ref 3%s
1st & ref mtge 2%s
109%
98%
'
1974
series B___
5s
General
109%
108
103
116% 117
117
•
Apr
1980
1952
>
110
108
l
25
124% 124%
F-A
1974
1956
1st gold 4s—
106%
105'/a 105%."'
105%
A-O
1956
Phila
110%
6
A-O
1947
1960
'
108%
108%
108% 10(1%
A-O
Apr 1990
series B_
109%
105%
19
*108% 108%
F-A
1984
1952'
4s
109%
14
•
-A'v
M-N
J-D
111
106
108
109% 110
J-D
101%
108
~
A-O
116%
100%
109% 110
M-N
1981
:
113%
__
'
1970
1960
1965
1968'
1970
105%
100
105
107
110
A
106 Vi
85%
20
*108% 109%
A,'
107
F-A
111%
103
*104
A
111%
110
38^
110%
108
110% 111
110%
F-A
May 11948
70%
75
F-A
J-J
1948
4s_
84%
76
0~
J-J
1974
Bait & Wash
107%
*100% 103 %
M-N
1968
1969
Ry 5Vis
Marquette 1st series A 5s
Pere
;
9911
]S
*113%
„
J-D
1981
75
A
—
*109% 110%
99
J-D
1960
-
100
98
-? —A
*99Ve
J-D
RR—
61
J
'••>
J-D
<
M-3
ctfs.:
71%
'!
■
75
0..
108
106
E cons 5; 5.1949
gold 4Vis series C_—
Phelps Dodge conv 3Vis deb
62
5
65%
65%
65% A
F-A
.
21%
106%
*108% 109
F-A
& Pekin Union
Peoria
A-O
.
15%
103%
106
..1955
1st
A-O
3
35
18
105%
3%s__
deb
A Income
96
6
101
101
105
...
Collateral trust 6s
17%
103% 104"%
103%
110
dollar
Gen mtge 3%s series C
Cons sinking fund 4%s
General 4%s series A
General 5s series B
:
Debenture gold 4Vis—
General 4%s series D__
Gen mtge 4%s series E
Conv
105
94%
'
1945
112 Vi
*104
Peoples Gas L & C ref 5s
Peoria & Eastern 4s ext.
88
88
*88
105
J-J
84%
15
115%,.
M-N
J-J
7
95%
93%
84
19
91%
91%
J-D
116
113%
92%
91%
J-J
107%
105%
118
v
J-D
4Vis
Bridge Co—
101 Vi
5
*
88
„
M-N
sterl stpd
4s
15
102% 103
103
93
82
2V
107%
107
M-S
ACertificates
Newport & Cincinnati
General gtd 4Vis
100 %
110%
107% 108%Vi
>111%
..I960
debentures
Ccnsol
M-S
.1956
of deposit——
.1950
series D
of deposit
-.
.1954
Alst 5Vis. series A
ACertificates of deposit
110%
*106
Pennsylvania Ohio & Detroit
1st & ref 4Vis series B
1st & ref 3%s ser D_
Penna Power & Light 3 Vis
112
...
ACertificates
6
107%
J-J
Pennsylvania Glass Sand 3%s
112%
16
89
88%
88%
J-D
.1954
Alst
88
67%
J-D
Pennsylvania RR—
F-A
1986
1983
1952
1953
series C
67%
48
A-O
E'trust ctfs
4s series
Gtd
65
43%
110
*
5s
80%
15
81
J-D
f gold 3s loan'
s
Paterson & Passaic G &
4Vis
.1935
Alst
290
81
..1955"
Pennsylvania Co—
A
Guaranteed 3Vis trust ctfs D
69%
47%
109
*109% 109 %
M
1st
114%
105%
53%
55%
111%
2
95%
95 %
J-D
1961
B
1st 4s
Orleans Great Nor 5s A
& N E 1st ref & imp 4 Vis
Orleans Term 1st gtd 4s
gtd 4Vis series
Junction RR gtd
96
..1966
gold 4%s
Panhandle East P L 3s B
108%
4
5
108
*100
M-N
r
70%
98%
..1968
Paducah & 111 1st s f
104% 107
66
112%
108
M-N
•
•
•
112
108
J-D
1945
1952
1st
N J
84
A 101% 101
—
M-S
1970
13%
J-J
1945
A
61%
'
72%
M-N
St L 4s series A
1978
Prod 3Vis debs
1960
Nat Distillers Prod 3 Vis1949
3 Vis sinking fund debentures
1949
National Steel 1st mtge 3s
1965
fANaugatuck RR 1st gold 4s
1954
Newark Consol Gas cons Ps—.»—1948
England Tel & Tel 5s
119
78
.,
J-J
1940
9%
66
J-D
Dairy
New
;
101%
M-N
56%
A-O
1966
1951
1958
2000
1955
1955
1968
1947
gtd 5s
66
74%
Paramount Broadway Corp—
Nash Chatt &
f ANew England RR
A Consol gtd 4s
51
78
81
81
107% V
1966
N
Nat
53
5
J-J
39
A-O
98%
64
60%
93%
95%
:
M-3
217
107
88 Vi
63
71%
F-A
..1961
lSu
F-A
F-A
3
97 Vi
61%
F-A
66 Vi
M-S
1966
103%
97%
74%
J-J
-10%
10%
92%
60%
J-J
1964-
A-O
4s—1991
debentures.;
6s
Montana
25
64
M-N
1980
1981
Monongahela Ry 3%s series B
Monongahela W Penn Pub Serv—
1st mtge 4 Vis
23%
66 %
M-N
121%
76
57%
24%
M-3
129
116
00 M.
69%
43%
64
66 Vi
;
M-S
1949
gold 5%s
Alst & ref gold 5s series H
Alst & ref 5s series I
AConv
Moh'k & Malone
F-A
1965
1975
1977
1978
ref 5s series P
Alst &
Alst
,
125
00—'
101 % 101%
;
.
62%
J-J
1961
,
^Missouri Pacific RR Co—
Alst & ref 5s series A
101 Vi
133%
129
16
mm'
64%
63%
:
& Elec 3%s
Gas
Oregon-Wash RR & Nav 4s_
42
63 Vi
A-O
•'
*121
;
J-J
1967
1972
1966
1945
1946
1946
1946
3%s_
Ore Short
75
53%
A-
80
"
j-j
j-j
71%
57 Vi
71 Vi
■
•
Q-J
1967
1974
____.1964
Oregon RR & Nav con
.
j-j
mtge
Ontario
105
56%
,
*129
;
mtge 4s
1st
Oklahoma
83
73%
s.
1st
f-
__
62%
64%
A
12
1st mtge 3%s__.
(Wise)
"
7%
100
*105%
J-D
47%
46%
6%
; j-j
M-3
JOgdensburg & Lake Champlain Ry—
§ Alst guaranteed 4s
1948
Ohio Edison 1st mtge 4s_
196b
29%
a;
1st & ref mtge 3%s
2%s
*
00
•
'
.
110%
108 Vi
O
5%
30%
A
Power Co—-.
States
!)■,
.
132 >A
132
O-A
31
108% 109%
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F-A
M-3
12 A-
5
J-J
48
2
90%
29 Va
3-J
impt 5s series D
1st. mtge
3%
25
J-J
47%
40
2047
2047
impt 5s series C
(Minn)
A
7%
T;
J-J
89 Vi
34 Vi
109 Vi
108% 108%
Q-A
71
75%
13
*4%
82%
20
129
*__
Q-J
Northern
103%
'
1946
1978
•
103
10%
10%
3
36%
18%
21%
20%
„
Q-F
Ref &
108 Vi
55
97
81%
83%
34 %
1997
Ref &
94
106%
A
80%
Q-F
gtd as to int„1938
Alst & ref 6s series A
16
81 Vi
97
105%
73
61
*98
J-D
1938
*
§ Alst stamped 5s
5
108%
J-D
Sault Ste Marie
4s stamped
1938
consol 5s
§ Alst
A
19
61
83
35% "
3s
19%
95
107 %
107%
83
A-O
109
—
.
A-O
lien 4s__1997
1
Gen lien ry & Id
100%
92
102%
86%
A-O
tMlnn Ct Paul &
§ Alst cons
k'i
86%
:
86%
J-J
M-S
gold 3s____Jan 2047
4s registered
,
15%
104
21
registered
2047
Ref & impt 4 Vis series A
2047
Ref & impt 6s series Bl._._,._„2047
111%
5
J-J
ref 5s
&
Northern Pacific Ry prior
106
108%
20
104
1939
§ Consol ext 4Vis
103%
7
100Vi
*99
M-N
3Vis.
impt 4 Vis series C
JMinneapolis & St Louis RR—
A 1st & ref gold 4s
ARef & ext 50-yr 5s series A
*8 Vi
\
M-S
gold
~7
104
99 % 100
100
F-A
1952
Rcf &
1979
Michigan Cons Gas 1st mtge 3Vis_1969
*§AMidland of N J 1st ext 5s
1940
t§AMilw & Northern 1st ext 4Vis__1939
A
108% 109 Vi
A-O
100%
96%
104
M-3
1951
Jack Lans
1st
&
gen
High
109
gold 4s_1996
1974
ref 4%s series A
1974
Central
2
109
111
108
J-J
Norfolk & Western Ry 1st
102%
*100
A-O
-
mtge 5s conv inc
101 Vi
A6
Q-A
1945
1955
Metrop Ed 1st 4Vis series D
I960
Metrop Wat Sew & Drain 5Vis
1950
*§AMet West Side El (Chic) 4s__1938
(Stamped mod) ext 5s
series A
4 Vis
mtge
Gen
McCrory Stores deb 3%
•
lst
__
101% 102%
101%
Niag Lock & Ont Pow 1st 58 A
Norfolk Southern Ry Co-r-
r.
A Gen
60%
Market Street Railway—
Miemgan
83
*42%
A-O
Stamped
98%
76
J-D
60%
J-D
1960
sink fund__Feb 1 1957
A Manila Elec RR & Lt s f 5s
1953
A Manila RR (Southern Lines) 4s
1959
Marion Steam Shovel s f 6s
1947
9
97%
1945
series A
Vis series A
Sugar 4s
Manati
3%s
Niagara Falls Power
99 ..
71%
90%
Low
NO.
1998
2014
1961
*§AN Y West & Bost 1st 4%s
M
January 1
Sold
1967
1946
1966
1955
3%s series B
Y Telephone
Range Since
Bonds
High
Loto
High
N
Maine Central RR 4s
Last
Sale Price Bid & Asked
Period
January 1
No.
High
Low
Week's Range
or Friday's
Friday
Interest
Stock Exchange
New York
Range Sine©
Bonds
Last
Interest
Exchange
Stock
BONDS
Week's Range
or Friday's Sale Price Bid & Asked
Friday
BONDS
York
New
SEPTEMBER 23
WEEK ENDING
FOR
RANGE
1315
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
Volume 160
43%
20
9%
•
105
00—
-0
—
—
■
Vi
103%
50%
15
21
——
7%
deb
—1964
_!
14,
95
100
J-J
100
R
109-
34
—
Quaker Oats 2%s
108
—
87
—
5%
Reading Co Jersey Cent coll
Gen Si ref 4%s series A
Gen & ref
4Vis series B—
4s
1951
1997
1997
J-J
J-J
103%
103
103%
103% 104 Vi
104
103% 104
103
A-O
,,
14
116
15
97
105
94
103
94%
105%
THE COMMERCIAL & FINANCIAL CHRONICLE
1316
NEW
YORK
RANGE
Friday
BONDS
Tie*
York
Stock
Week's Range
or Friday's
Last
Interest
Exchange
Period
J-J
1950
Rand deb 3 As
Remington
A 1st
Gen
& coll
cons
Gen mtge 3%s series
H
mtge
i A Rut-Canadian
104%
101%
90
56%
57A
4s stpd
MS
•Ill'/a
• •
—
44 A
Texas
RR of New Orl 3%s__1974
laou
J-J
82
A-O
38
J-D
in %
109%
Ave
Toronto
Ry
39 74
1st
rei
4s_.
Ham b Buff
Trenton Gas
2
b Elec
Tri-Cont Corp 5s
1st
Jos b
St
1st gold 5s
St Lawr b Adir
15 A
15 A
3
11
16 A
10
12
gold 5s
deb A
L Rocky Mt
ISt Louis San
ACertificates
*—
ACertificates of
♦72
♦72 A
100 A
J-J
J-J
J-J
76
63
77
100 A
05 A
60
1st b land
91
40%
95
100
101A
91
39%
89 A
4
41
^ 46A
33
302
32%
45 A
50
r
42%
45
36 A
48%
32 A
33%
528
28 A
37%
32 A
80
28 A
53
97
53%
55
52
53 A
53 A
70%
4100 A
33
52
-
•
<
Co—
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registered
A
1st 4s
RR 1st ref gtd 4s
Fran Term
South Pac
-
30'/2
102
45
43
66
67
29'/«
28 A
29%
148
28 A
11
4 OA
41%
*457
41 A
82
41'A
40 A
MS
A
i:
27
102
102
102
102
102"
F-A
♦68
A-O
105 A 105
gen
&
gen
I,
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b
gen
1
61%
6As
7"'
-
100 A
5
'
M-N
M-N
105 A
5
107 A 107 A
14
108 A 108%
if-a
83%
V
; ii
100 A3
82
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107
83%
95%
v
244
75%
169
7 66%
75
186
72
74 A
89%
85
101% 102 A
272
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f
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.<
1
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—
107 A
25
107 A 107 A
-
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Apr
♦49
F-A
105%
-110
51
11
M-N
104 A 104 A
♦106% 107 A
m-h
♦103
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J-J
•117
1953
J-J
Ref b impt mtge 3%s series B..1974
J-J
J-D
104
A
99
101%
103%
■
f
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10
102
.
101%
A
«y-
12
.
,
-102%;:
>
102% 7;
102 A, 103 :U/?
101% 104%
,
97%
20
-
♦108%
*112
,
99%
__
112
•-_
A-O
108%
109
MS
98 A
J-J
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108 A 108%
63
103 A
103% 103%
106%
80
6
108 A
98 A
v
100,
93%
93 A
111%
106 A
90
98 A
*106% 112
A-O
:
112
A
105%
•105% 106
97
106% 111
'
56
A-O
101
101
4
F-A
45%
J-D
Penn
&
Power 3 As
series 1—1966
Maryland 1st 4s
ref 5 As series A
105 A
46
,
Pacific
5s
1st
;—1977
118
92%
1950
M-N
1951
& Co
1st
B
1st
J-D
105
A
106 A
103 A'
106%
14
10174 101%
J-J
65
J-J
60 A
MS
99%
108%
102
107 A
78
inn%
107
101
101%
52
>7
177 55%
94
53
97%
51
103.103%
.
31
1949
J-J
66 A
62
v
66%
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1936
107%'
72%
"
111%
91%
104 A
llo'/a
162
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60 A
70
1.14
14%
22%
147
65%
15
18 %'
va
15%
.k
f
-
ino
1017 s
116 A
.
J-J
r
.,
'i: 69 A
i 1107/4
■
__
99%
A-O
99%
101A
20
60%
*110%.
77%
135
77.7 77
64%., 66 i: '//•'.•:
60%
M-S
98%
16
"7
106... 106%
101%
1960
1st 4s
112 A
88 A
97
105% 105%
MS
M-N
2361
4s.
109%
109%
7
107% 107%
1951
mortgage 3s_._..1958
S
106%
11
;
-
«
4
94%
-I960
1st 4s guaranteed
101
119
-
101A
107
111..,./,..:
105% 106%
93%
53
102 A
117 A
vv71-
-
106% 106%
111
MS
38%
98
101
118
...
87%
84
102
1007$
102 A J. 03
J-J
A...1948
ser
4
.
104%
95%
—
103
A-O
100 A
__
118
J-J
1952
6
—
*99 A
Union
JAWisconsin Central
105%
102%
68
26
J-D
106 A
105A
25
75
1967
ACertificates of deposit.
§ASu & Du div & term 1st 4s
103%
87
74
1950
West Shore
111%
3
85
74
gtd gold 3As__2000
—
104
102
87
Apr
195a
Ltg 5s stpd gtd
Gen mtge 3As
"60
6
Apr
F-A
Wilson
104 A
J-J
1945
Winston-Salem
•
1971
1981
1991
*100%
107%
102 A
5
98%
F-A
1960
1st mtge 4s
112A
106 A
50
104% 105%
102 A 102%
J-J
101%
101%
101 % 102%
M-N
Registered
2361
Wheeling & Lake Erie RR 4s
1949
Wheeling Steel 1st 3 As series B—1966
107 A
f.; 110 A
103'/2 103 A
J-D
-
99
MS
1958
Telegraph Co—
Funding & real estate 4'As
,i
25-year gold 5s
30-year 5s
Westinghouse El & Mfg 2As
113 A
100 A
5
111%
101%-
MS
*102
tAWestern
109 A
100%
-
_i—
mtge 4s inc series A
mtge inc 4As series B
Western
105 A
96
"
106 A 106 A
v
-.
J-J
Standard Oil N J deb 3s
2%s debenture
9
A-O
1959
F-A "*
1st
118 A
92 A
62
1951'
w w—
mtge 4s series A
Western
73 A S 88
143
*
'
105
-
73
88 -;tt'
104 A 105
108% 109
M-N
gold 4As__2013
debs
1060
1981
1953
Sunray Oil Corp 3% debs
..1959
&uperior Oil 3 As aebs
1950
8wlft b Co 2%« debs
1961
87
-
101%
101%
,
Q-M
West
101% 106%^
91A 104% 1
♦110% 112%
J-D
1968
1972
ASpokane Internal 1st
115 A 116 A
87 A
1964
B*
116 A
*102
1948
84 A
65%
9
104%
101%
*102% ;-7Svv..'
Westchester
'
65%
202
106 A
102 A
J-J
102
101 %
102%< X-.
102%
1945
7,
'
A-O
'
::;
103%
102
.<■'
y
•
a
*102
—
'
101%
7;-
•101%
Washington Central Ry 1st 4s
Washington Term 1st gtd 3 As
1st 40-year guaranteed 4s_.
101A
69
73%
A-O
7
'—
' /' •101%
——
M-N
g 4s series A—1953
5s
Walworth Co
:
101A
72%
106
cons
Warren RR 1st ref
109
75
74
J-J
:
'
M-N
May 1 1955.
Pictures 3%s debs
cons
Gen
?
109
105A
17
106
A-O
v
7,7.7
__
V
102'/8
102%
101%
'
r
W
124
75%
M-S
Jf-N
1 1954
■:f:—
10034
101%
1
Wabash RR Co—
106 A
123'
106 A
100 Ail
Nov
'
68
105%
103 -103%
1
'126
10012
.
102 A
"94
Stand Oil of Calif 23As
'
1 1953
May 1 1954
Gen
J-D
•: UM 1(0% 104,> *
101% 105
7
1 u
100%
7 *101A
M-N
Nov
—.
*101%
M-N
1 1953
.
Virginian Ry 3%s series A
54
52 A
106
107 A
4'
.I
109%
102 A
103
103% 103%
4
.1951
Pub Serv 4s
Southwestern
1 1952
1st
i
62
100
A'
r-A
1990
Mem Div 1st gold 5s
8t Louis Div 1st gold 4s
-Southwestern Bell Tel 3As
7
1st b ref 3s series C
Nov
May
....
2.45s
Cons 8 f 4s series B
—1957
Va Elec b. Pwr 3 As series B_
1968
1st & ref mtge 3s series D
1974
Va Iron Coal b Coke 1st gold 5S..1949
Va & Southwest 1st gtd 5s
2003
43 A
'34 A
69
80
j-j
A-O
vuyJi
.
■■■:£ *1007/8
/.
M-N
'
44%
'23 A
'V
102 A
J-J
—
—
•100%
7
M-N
May 1 1952
'
32%
42 A
19'
11
J-J
1994
1950
1950
1956
gold 5s
b
1 1950
VandaMa RR
72%
27%
59
J-J
Aug 1949
1949
1977
'—1968
1969
1981
1950
1955
4s series A
6s
Devel
Nov
Universal
'
A-O
108%. 111%
106
■
♦100%
M-N
2.20s
2.65s
United Stockyards 474s
31
28%
24 A
*—
107.1
>■;• 102A 106%
15
71A
7
20
57
F-A
102%
27
7:7
10377
-
105% 105
7 M-N
2.55s
38 A
21A
23 A
F-A
7s
108%
128 A
43
103
—
;7-
106%
*108% 109%
:'V :
106%
102% 104
23
106% f
20% 7'7
1
103 74
11!
110% 110%
M-N
1 1949
105'%
27
106
■105
May 1 1950
2.40s
104A
103%
66
MS
Nov
2.60s
126 A
66
May 1 1949
2.10s
,2.15s
;t
n
12
Corp—
2.05s
;
.
;
J-J
Devel
;-v.
F-A
,
100
17
A-O
Stamped
Southern Ry 1st cons
A-O
1958
Steel
2.50s
A
—
104 A 104
A-O
1962
Gold 4As
San
1952
1st
Gold 4 As
Gold 4 As
-
■V
-
A
66 A
*103 A
104'A
A-O
1979
(Oregon Lines)
A-O
64
92
34 A
1952
(Cent
1st 4 As
1955
86
82
38%
••54
—
U-N
1950
1964
1963
112771
19
A/;./ I
106% 1067/s
7
110%
2.35s
Southern Pacific
0
106
V
106 A
53
83%
1961
debentures
4s
106%
M-N
j
V-
105% 106
♦80 A
A-O
Ry
103%
107%
110%
2
106% 107
.
A-O
37%
41
Socony-Vacuum Oil 3s debs
f South b Nor Ala RR gtd 5s
Boutn Bell Tel b Tel 3'As
.•
J-D
\
32 A
105%
MS
1941
1017s
106%
*7
__
103% 103%
—,
1971
V
36 A
F-A
1954
: '
40 A
Serial debentures
85
J-D
1938
104
'
1980
States
204
33 A
J-J
1935
101A
105% 105%
J-J
1970
Drug 3'As debs
40 A
J-J
1933
2
i
104
--■■■■
J-J
1947
mtge 3 As series A
United
94
43 A
J-J
1948
'
4s
grant 4s
United Biscuit 3As debs
39 A
28-
'] Simmons Co debentures 4s
Sioux City & Pacific Div—
See Chic & Northwestern
Skelly Oil 3s debentures
1967
(United Cigar-Whelan Stores 5s
41%
<U-N
1950
1950
1959
30%
96%
111% 111%
111%
/
Ref
100%
32%
11A Seaboard All Fla 6s A ctfs
a 6s series B certificates.,
Bhell Union Oil 2'/28 debs.
i; 2% 8 sinking fund debentures
15ASilesian-Am Corp coll tr 7s
F-A
Union Pacific RR—
•
97 A
100
♦103% 102
MS
1978
gold 4s unstamped
SA4s gold stamped
lARefunding 4s
ACertificates of deposit
A 1st cons 6s series A
ACertificates of deposit
JUAAtl & Birm 1st gtd 4s
1959
debentures
38
41A
Louis-8outhwestern Ry—
4s bond certificates
1989
A2d 4s inc bond ctfs
Nov 1989
7 | A 1st term b unifying 5s
1952
AGen b ref goid 5s series A
1990
8t Paul b Duluth 1st cons gold 4S-1908
ISASt P b K C 8h L gtd 4 As
1941
8t Paul Union Depot 3 As B
1971
Schenley Distillers 4s s f deb
1952
Scioto V b N E 1st gtd 4s.
1089
1 Seaboard Air Line Ry—
3s
62 A
77 A
*—
MS
1st
■,
106
79 A
100
40 A
J A 1st
A-O
35-year 3As deb.
1950
A
deposit stpd
M-N
1945
34-year 3 As deb
M-N
I J8t
'
106
106 A
A-O
1950
M 4'/2 s series
A Cons
I
83 A
..
69
107% 107%
.
deposit
of
APrior lien 5s series B.
ACertificates of deposit
71
22
__
•114
1971
Calif 3s deb
Union Oil of
United
lien 4s ser A
APrior
-
i
High
715
103 At
•103%
M-S
J-J
—
J-J
1959
1958
mtge 5s
& P 5s stpd
Francisco Ry
St L Pub Serv 1st
Bt
'
Low
U
108 A
105
4106 A 107 A
.
'
82
.v. 38 A
-102 A 102 A
J-D
1949
1053
19%
J-J
2d
No.
17%
16 A
A-O
gold 6s
1998
ISt Louis Iron Mountain & Southern—
River & Gulf Division
§ A 1st 4s stamped—
1933
A Certificates of deposit
'
102 A
gold 4s—1946
1st
conv
81A
37
103
50
J-J
January 1
Range since
Bonds
Uiah
•102 A 102 A
Third
J-J
1968
1947
...1996
M 4%s
Grand Island 1st 4s
J-D
a Ad) income 5s
Jan 1960
Tol b Ohio Cent ref b lmpt 3%s__1960
Toledo St Louis & West 1st 4s
1950
7,
Sold
Friday's
or
Pacific-Missouri—
Union Electric Co of Mo 3%s
t§AUnion Elev Ry (Chic) 5s
Baguenay Pwr Ltd 1st
Last
66%
.
44 A
Week's Range
Sale Price Bid & Asked
95
in A
.
*108 'A 110%
US
Period
Low
Pac Tenn
107%
:.V
II
Friday
Exchange
81
..^yV
MS
1941
stamped
,77i
Stock
44%.
6
17
..
York
Interest
103
•125%
MS
New
107%
i
57A
MS
1977
1967
1967
1969
1934
1949
mtge
JfARutland RR 4 As
4
f.-v■
3 As series I
3'As series J—
ISAR I Ark b Louis 1st 4'As
Gen
Gen
107
Corp—
4 As series D
mtge
No.
103
89 A
A-O
trust 4s A
Elec
&
Gas
BONDS
107
J-J
1st gold 48—1939
1949
tJARio Grande West
Rochester
RECORD
SEPTEMBER 22
January 1
Low
High
103
107
M-N
Copper b Brass 3%s
Kevere
ENDING
Range Since
Sold
Uiah
Low
BOND
WEEK
Bonds
Sale Price Bid & Asked
v
FOR
Monday, September 25, 1944
74 A..'
105 A
103%
.
ACertificates
;
of
deposit
*12%
Wisconsin Elec Power 3 As
Wisconsin Public Service 3 As
1968
—
•
A-O
♦110
110A
J-J
♦
1971
*109
111
a
109 A
—
7
110A
107%
111
101A
106
X
Youngstown Sheet b Tube—
^enn Coal Iron b RR gen 5s
Terminal RR Assn of St Louis—
refund
Gen
f
s
gold 4s
Tcxarkana & Ft Smith 5As A
1950
1959
A-O
3s
•
3s deb
Company
debentures
1968
106 A
b
ref 5s
series
B
1977
A-O
94
Gen
&
ref 5s
series
C
1979
A-O
!
Gen b ref 5s series D
24
105 A
106%
3
115 A
124%
94 A
A
93%
103
81A
96%
76
79%
95 A
93.%. 94%
J-D
94%
93%. 94%.
23
80 A
96
4
In
104 A
104% 105%
47
the
SNegotiabillty impaired by maturity.
tThe price represented Is the dollar quotation per 100pound unit of bonds.
Accrued Interest payable at the
exchange rate of $4.8484. y
10674
196 A. 106%
included
yeara range.
d Kx-lnterest.
e Odd-lot eale not
year's range,
n Under-the-rule sale not Included in the
year's range,
r Cash sale
not Included In the year's range.
'.
103 A
105
4
not
M-N
Included In the
106 A
91'/4
35
-•
I960
saie
ucuvcry
124% 124%
Pacific
Gen
1980
<113
105 A
101 A 102 A
J-D
Texas b
gold 5s
118
111
105% 106
M-N
2000
102 A
l
1st
'117
•106%
F-A
Texas
120
111% 111%
'
1st mtge s f 3 As series D
the
~
tCompanies reported as being In bankruptcy,
receivership, or reorganized under Beetlon T7 of
Bankruptcy Act. or securities assumed by such companies.
,v;
i
•Friday's bid and asked prices; no sales being transacted
daring current week.
ABonds selling flat.
NEW YORK CURB EXCHANGE
WEEKLY
led
toTl'o^eTn 'the week'fn
In the
y1? ,*
.
In
WPflfc-'o
list
we
furnish
a
or
22, 1944).
bond, in which
®
New
T 0 C K 8
York
Curb
Friday
Exchanw
Last
Sale Price
.'■<
ACF-Brill
wire
Motors
co
>
•'.,
<52: Par
warrants,-—^ —1
Class
B
1
.—3
(N J)—
Aircraft Accessories
Corp
Air Investors common
1
-50c
2
Convertible
Air-Way
preferred
Electric Appliance
Southern
—10
-3
—50
—
Alabama Power Co $7
preferred—
$6
preferred
YEARLY
IIiAALX
ALtU
RECORD
yri
'
any
2%
2%
2%
25 A
3
A
3A
8A
10
5
9'A
-3 A
9
10
SEPTEMBER
year.
>
*
1
22
y
700
LOW
300
300
4%
5'/e
9.800
2%
2A
300
77 High
7,2%, Sep
22
100
1.600
York
Curb
Range since January 1
%
.
4
STOCKS—
New
Shares
19 A
8%
J
the daily reports of the Curb Exchange itself, and is intended to
dealings have occurred during the current
ENDING
mUU' "" "*• W,rtlT
the New York Curb
Exchange for the week beginning on Saturday,
It is compiled entirely from
for Week
•
Uiah
25 A
on
Sales
Range;
1
Associates Inc
Alabama .Great
Week's
of Prices
Low
common-.———— ..10
Supply Mfg class A—
Ainsworth Mfg common
Air
—
RANGE FOR WEEK
u—.
Aero
.,-*1
complete record of the transactions
ending the present Friday (Sept.
include every
security, whether stock
Acute
AND
nnv
nn«
""S?'^ M<1
following extensive
'
thn
r
; /
Jan- 7
2%
«;
Sep
3'%
Feb
X8%
2
•
Jan
Jan
Jan
July
10% July
5% July
.
2%
Jan
.Feb
;■
Par
Sep
Allegheny Ludlum Steel 7%
Mar
Alles
35%
„
4
-
102
118%
Range
Allied
/
•
Products
Olaco. A
rnnv
conv
pfd
Jan
Aluminum Industries common.
Aluminium Ltd common:
Mar
Jun
V
.6%
Mfg—.——
preferred.
———
American. Beverage commonAmerican
Book
Co.
: \
V
Range Since Janvary 1
Low
■
•
•25 A
25
r
31%
100
—*
•
——1*
100
112
26A
31%
112
25%
;•
27
32
112%
114% July
874 July
A
Jan
50
22 A
Feb
23 Va
Apr
6.400
,
600
277-8 Mar
169%
18 A
9
High
Aug
July
,
150
8
IIIlO
—
Aluminum
107% .Aug,
High.
Shares
6
Feb
July
Low
-
112
Aluminum Co common———
6%
preferred
,—;—
Goods
of Prices
1
(Mich)——
common;
Sales
for Week
•'
pfd_. —100
& Fisher common—
| Allied Intr Investing $3
'
Week's
Last
Sale Price
4% July
10
Feb
Apr :„•;,
Jan ':.
-
21
Jun
6%
26;
Friday '>•
Exchange
<
73%
Feb
Feb
May
Jan
95%
Jun
1 %
Jan
28%
Jan
22
;
Jun
f'i
EXCHANGE
NEW YORK CURB
WEEK
FOR
RANGE
1317
CHRONICLE
& FINANCIAL
THE COMMERCIAL
Number 4319
160
Volume
SEPTEMBER 2I
ENDING
7' Class
44
200
38
Jun
45
Aug
39%
40 V4
350
35%
Jan
42
Aug
40'A
——25
A
900
43%
23
.
non-voting
10
/.Class B
American
Fork
ft
18%
31%
& Hoe common
& Electric.,
10
4% %
preferred
100
American General Corp common—10c
$2 convertible preferred
1
$2.50 convertible preferred
1
American Hard Rubber Co
25
American Laundry Mach
20
American Light & Trac common
25
6 %
preferred
25
American Mfg Co common
100
Preferred
100
American Maracaibo Co
17/
American Meter Co
*
American Potash & Cheraieal—;—.—•
American
Republics
10
American 8eal-Kap common—
.2 •>
Amer Superpower Corp com
10c
Gas
American
7
preferred
$6
Lst
preferred
Arkansas Power
Aro
& Light $7
Equipment Corp
Oil & Refining Co.
Ashland
Associated Electric IndustriesAmerican dep rects reg
Carman
19
July
32
-Aug
114
Sep
.
Jan;!;
Jan
39
July
Jan
46
Aug
19%
30%
Jun
17%
4,900
-
—
31
200
41
10%
11
40
10%
T
11
4%
j
200
18%
July
Apr
w-5%
Jun
1
vlll
Mayi
Jan
14
;
__
3%'
Jan
100
23%
1,000
7 ->;•
7%
•
3%
1,000
10% 10%
109% 109%
10% Aug
...
110.
Sep
<
22 %
Sep
9%
7%
Apr
11
Jun
6%
18%
9 % ••
6%
6%
700
5% Jan
7
July
-
__
•
7'A Mar'!'-
S%
5
Atlas
Plywood Corp.!
1% July
3% July
1
1
12%
31
Jan
47% May
15,800
1
% May
2% July
8%
1,200
/
.
8%
:600
10%
Jan'
5%
Jun
13% July
;
:5
4,500
Apr '
Feb
7%
Jan
Aug
May
8
__
;
25
21%
Feb
14
23%
23%
14%
300
9'A
Jan
15% Aug
23% 24%
24%
Wilcox Co..
Locomotive—
Purchase warrants for common
7
7%
preferred
Baldwin Rubber Co common
Banco de los Andes—
Babcock St
8%
Steel
Barium
(L)
Baumann
■
common
lst preferred
Brummel Ties
Beaunit Mills Inc common
7%
& Hedges
common
preferred
Berkey & Gay Furniture
—
P
1
preferred
Brazilian Traction Lgt & Pwr
.
Corp
Breeze
common
Aeronautical
Bridgeport Gas Light Co
Bridgeport Oil Co
Brewster
Co
Mfg
Brillo
'
A
Class
Oil Co
American Tobacco—
dep rects ord bearer
dep rets ord reg—
Am
^British Celanese Ltd—
■:*
Amer dep rets ord reg
British Columbia Power
preferred
Distillers
prior preferred
$5
1
1
Forman
Rubber Co
.Brown
Niagara & East
i
$5
Burry
H)
(P
7
:
h
common
.■■■
10
Aug
28% July
Cor; Ton
2%
Jan
4V2 July
127%
Feb
36
Apr
39
Sep
% May
3
Aug
35
9,900
f
Sep
Apr
30
Jan
12
200
15% Aug
10%
Sep
Feb
Feb
10
Apr
15% July
Crown
Cent
1,000
1%
Jan
3
Mar
Crown
450
43%
Jan
50
Aug
Crown
10%
Jan
17% July
Drug Co common
convertible preferred..
7%
Feb
11% Mar
.77
Sep
Cuban
Atlantic
Jan
12% July
Cuban
Tobacco
common
Jan
% Mar
Curtis
Lighting
Jan
I
17% Mar
Jan
Sep
21%
Jun
9%
500
Jan
13%
Jun
3%
Jan
1% May
.900
8
600
'
Dayton
20%
Jun
20
18% July
Feb
3%
•;
17
__
Class A
__
__
-
19%
__
2%
27
10
4%
19%
19%
x87%
27
9%
23
18%
•
2.50
\
173A
Detroit
4% July
100
19 %
July
"2.000
15%
Sep
26
May
80
77%
Jan
91% Aug
1%
700
100
!
1,100
10
450 ■
Feb
7.400
1.200
4% July
10% July
Distillers
Divco
*
I3/* My £;•
4 . Jan
7
Cable Electric Products common- -50o
—500
Voting trust certificates
Cables
*
American
California
Camden
Canada
•*
dep rets 5%
Electric
100
Tim eaten
Fire
5
Co Ltd
Cement
«
_100
preferred ■;
Canadian Car & Foundry Ltd—
Participating
preference
footnotes
see
page
'
<..._25
1321.
9%
1.200
6%
6%
2.300
7%
Coro
9
6%
Insurance
7%
7%
1.400
"7% ~7%
;
%
Jan
100
1%
5%
Apr
9%
5%
Jan
Co
4%
Jan
9% July
Jun
20%
Jun
Sep
7%
Sep
Sep
21
Jan
7
106% July
17% July
7% July
14
2%
88 ,
3 V!
36%
,
,
Feb
Apr
July
Aug
July
July
.
500
4,100
25
100
24
Jun
7,500
3,900
—
—
25% Mar
Apr
Jan
Apr
20
% Apr
Feb
10
19%
3%
2%
8%
—
,..v.
1% Aug
14
Aug
Jun
16% Sep
3% Aug
9% Aug
May
East
'100% July
6%
: Jun
—
10%
10%
4%
4%
4%
—
,...
—
—
Hosiery class B
20% 20%
1%
1%;
5%
5%',
25% 26% ,
' ..
20%
„
5%
..
._
-
—.
..
—
--
..
-u.
32%
32
80
80
common
—
—
3%
10%
3%
10%
77;7;: "
prior preferred
2Va
72
2Vi
73%
preferred
Eastern
States
Corp
preferred series A
preferred series B
80
:*'•
E
■
•
:—100
100
2%
72
32%
•
48
41%
30%
j
iy4
471% 49
•
_
47
„
25
•
ji/4
40
30'%
49
8% July
16 July
12% Aug
.17 July
9% July
I7 SeP
6% July
\25% Sep
8% July
5 /8 May
223s May
6'<8 Feb
—
6/2 Jan
-fiiA 67
Feb
150
26% Feb
\ 25
74 Feb
—
1"% July
6% July
27y8 Aug
26 Aug
v
13 Mar
5% Jan
1°% Jan
9%
—:7"
10% July
79% Feb
16 Jun
21 July
.
—
600
15% 17
400
6
6'/s
200
25% 25%-"" *' 200
6'A
6%
500
9%
17
—
900
-.r
7
—
,
% Jten
3% Jan
20% Jan
22 Jan
6% Sep
13% Mar
9% Aug
—
11%
5"% July
82 . July
135 May
12 Jun
12% Feb
19 Jan
—
..
n
11%
—
__
Mar
12% Aug
5% Jan -
200
1,100
300
300
"v "
—
36
33% Jan
6% Mar
3% Jan
7 65, Jan
113 Jan
_.
*
Gas & Fuel Assoc common
—
__
10
•
*
1
-•
-
—
300
1.100
—
„
7
common
;7
' —77777
8%
9
1.600
78% '78%
130
—
—
Malleable Iron
$6
—
.!"
8%
25
•
^
Eastern
$7
24
-
4%%
"'./y ;7 -.7 ! .7,'' ';..,., . , :
- 7.' - ,-,:.77;7.77777'77^;7
' -'' 7' '' :
' —
—
24 Jan 7 26 Mar
19% 19%
200
15% Jan '7" 21 July
.'
—
...:
Chemical Ltd
Duval Texas Sulphur.
-
£0i
1
1
Corp
Harris Co
Duro Test Corp
;;.-
r
n
*
common
Dominion Tar &
Draper
7% Mar
7%
Jun
July
July
July
*9% July
28% Mar
% Jan / : ,;tl% Feb
3% Jan
: 11 Jun
3% Jan
6% July
10% Jan
15 July
2 Jan
3% Aug
2,100
1,900
—
—
£1 . —
1 7 ' 9%
-
Domestic Industries class A com
Jun
July
4
100% July
—
;
—
.7 7 7
i:
-Dominion Bridge Co Ltd
'Dominion Steel fr Coal B
1% July
20%
9%
6 % Vo
For
1%
1%
pfd
Power
—
Co Ltd—
Dobeckmun
5% Jan
3% May
Estate
Sugar
Calamba
Calllte
1%
1%
1 %
Wireless—;
&
—
Mi;:
•
-1
1.—
Duke Power Co
U Jan
23% 24%
12% 16%
10
Corporation
Durham
.
common
Shoe common
dep rets ord reg
Driver
100
--
—
1
1
10
10
preferred
Diana Stores Corp.
Sep
y.77/:
•
—
24%
16%
20
Iron Foundry
Products
Vilbiss Co
1°Jo
Diamond
110
9% May
j*
Gray
19% Sep
Aug
12
Jan
■
Apr
H-lA Apr
3 'Apr
.
De
Am
14%
900
"i 4.500
r
Jan
97%
10,300
19%
27
Jan
9
—
•
1
preferred
Mich Stove Co common
Detroit Steel
3% Aug
Jan{
21
9%
—
•
Gasket & Mfg
-'Detroit
Feb
3
27
1091%
108% 109%
10% 7 10% 10%
1% V ! 1%
1%
314
'3%
31/2
54%
5%
Jun
Feb
88%
2%
2 Feb
7,7;'23
Jan
.7
" '
frz/-7% Apr
.4;4)900 -7' 22% July
4% 5
13% 14
3
3%
25% 25%
1
1
3%
5
—50*-,
100
preferred—
6%
Apr
3%
.
9%
9%
—
—
'cLt
Refining Corp com
convertible
Detroit
2%
14%
100
--
f((;210
tci.OOO
"
"
100 Mar
12' Apr
5% Feb
% Jan
12 Jan
1% Jan
83% Sep
23%, 24
1 V 1% 'jjl,900
23%
1
1—;-35
debenture.
■8%
17%
May
■
4%
19%
16%
ti«%■'-''
^1L—r
convertible
Derby Oil &
A
4% July
Jan
)i
rt
prior preferred
$6
1% May
—
83%^.85%
2y2^.2%
Rubber Mfg
Dejay Stores
Dennison Mfg class A common...
Feb
15% Jan
»
.'
' '
Feb
18% Aug *
__
•
Davenport Hosiery Mills
'15% Aug
37% July
Jan
31% July
18
!7V
Jun
13%
Sep
12%
85
e/f 200
2%>, ,2%
2.50
•
7/7 .■.)!
23
*21% Jan
8%
77
Curtis Mfg Co
>
--
—
—
.
2,250
800
6%
D-*-
—
7
*
2%
13"%
6
14
3% Mar
j
17%
400
.
%. r! %
.
--
1% Jan
9% Jan
3% Jan
9 • Jan
400
15% -'
6%
6%
—
5
*
Inc common
(Mo)
1,700
200
1,700
800
—
15
—
*
10
Sugar
28%
2
11%
,5%
12%
--
15%
25
Crystal Oil Refining common
$6 preferred
Jan
Z
--
5
„•
25o
(Md)
6%
700
1.300
,
„
Petrol
i'
—
*
.Crowley Milner & Co
'A
—
_.
Co
Brewing
Croft
'
Sep
107
Jan
24
2
18%
12%
2%
—
:
200
400
1
1%.,
11%
5%
12%
--
__
100
*
•
So
Cork International A
1,400
15%
—
—
10
*
10c
1
3
1
1,800
—
43
Petroleum
Creole
6%
80
—
&
6%
July
—
.
11%
20
—.
100
Co—
200
100
—
S
1
12V4 May
» '
, , ' *
9% Jan. % ! 12% Aug
% Mar ;
1% Mar
—
—
33% Jan
38 Aug
6% 7 %
1,400 '
4 Jan ;
7 Sep
68% 69%
500
63% Feb , . ' .70 Sep
117
118
110
113'% Feb
118% Sep
107 109
30
104 Jun , 111% Aug
6% 6%
1,800
4% Jan \ % 6% Aug
41% 43% " 1,075
32 Jan
50% July
7% 8
% 1,400
6% Jan
8% Aug
—
--114'% Jan
115 Apr
'
U
68%
117
Reynolds
1
'
$6 preferred A
...
•
Cosden Petroleum common—
1
5%
convertible preferred
!
.50,T
Courtaulds Ltd—
American dep receipts (ord reg)—21
136% Aug
700
300
1
11% 12
--
Coro Inc d
Apr
}£
—
100r
1
Cornucopia Gold Mines
197/8 July
21
.
—
__
...12%o
25c
Biscuit .Corp
Jan
*
*
•
__
Corp Am dep
7 Butler
Aug
__
■
>
Hill
82
- ..
—
—
1
*
100
Co
} Continental Gas & Electric
7%
prior preferred
Cook Paint & Varnish Co
Copper Range Co
14% Mar
50
Power—
preferred
& Sullivan
rets—
lst
Bunker
.Burma
8%
..
—
,,
1
5
preferred!
$1.60
i
2%
„
Buckeye Pipe Line-—*
Buffalo
.
__
*
common
Co common
IE L>
Bruce
14'A
1%
17%
12%
ig%
12 %
•
10s
•
•
1
•
.1
A
Class
Brown
.2
'4'A May
Apr
6%
100
100
10
'
Fence & Wire common
!Brown
',
—
15%
2
/
class A
Jan
70
2% y 2%
14% v; 14
9%
9%
..
£1
£1
Class B
»
Jan
"
.
J
Apr
.5%
10%
—
;
British
Am
$
—
•
*
•
British American
16%
Jun
2%
13% 14%
2%
2%
48% 49%
16% 16%
9% 9%
105
105'A
14%
2%
49 %
16%
•
*
common
;i
—
•
100
*
•
1
1
lst preferred
2d
$5
Feb
4
:»
36 • 36
39 ■ 39
July
13
«
9
16
4
100
—
common
Bowman-Biltmore common
t
—
Mach Co com..* 77
*
Bliss (E W) common—
1
Blue Ridge Corp common
1
$3 optional convertible preferred
•
Blumenthal (S) & Co
•
Bohack (H C) Co common
•
7% 1st preferred
100
Borne Scrymser Co
25
7%
lO'A-Jun
400
25
25%
3% 3%
—
*■■■„■ 39
1 ,,i 2%
Blckfords Inc common
Blauner's
9
16
__
100
•
Convertible
:Birdsboro Steel Fdy &
__
9
16
'4
,
Jan
7,700
65
__
1
Aircraft common
Tel of Canada
Benson
;
3%
3
—
20
convertible preferred
$1.50
Bellanca
Bell
c
15% 15%
4%
5%
15%
0
1
*
100
1
10,
Beau
?
3% *
11:
Corp...
Seelig Mfg—
,
convertible A common
Refractories Inc
Basic
9
Jan
$1.20
Biscuit
Retail Stores
8%
preferred
Consolidated Royalty Oil
Consolidated Steel Corp
;
Consol Textile Co
Continental Fdy & Machine Co,
9% July
2,100
100
68 % 69%
340
Ja 3/64 ": 2,300
32
.*
Consolidated
Jan
36
68"%
—
1
4 % preferred series C
i Consolidated Gas Utilities—
Mining & Smelt Ltd
41% July
'
^ 275
11% •* 500
3%»— 600
8%
200
3%
600
37%
2,200
%
/Consolidated
1
Si
Barlow
'
8%
..
„
Jan
6%
500
,
9% Aug
6% Jun
39 V2
/7._-;7:
—
shares—•—!—...—
'7; American
7%
8%
30
1
July
26
20% Feb
1,600
25,100
Baldwin
37%
25
1
series B preferred
4%%
-
17%
22% v
—11%
*
3%
\ 8%
—.
3%
wariants—
Consol G E L P Bait common
B
35
.7—
25
1
preferred
$3
Consolidated
50
1,200
200
—
100*-"
Public Service
Community Water Service
Compo Shoe Machinery—
V t c extended to 1946
Conn Gas & Coke Secur common
.
22%
8% Jan !
;
—
-
f
85y8 Jan
111% July
6% Feb .
9% Jun
7
Jan
9 Mar
; .,18 - Jan
22% Jan
,
% Jan! ! *. ,1% July
.
4 Jar^
9
Sep
..-30% Juni ;. 37% Jan
11% Feb
18% Aug
,
11
Jan
28 July
2% May
4
Jun
10
Jan
12 July
3% Sep
y 6% Feb
6% Apr
9% Aug
2% Apr
4% July
32% Aug
47% Mar
...
;
56% Jan
71 Mar
' 1/64 July
July
/ 20% Feb !
25 July
% Apr
1% Aug
50
300
8%
le July
53% May
17% Mar
.92% Jan", V 118% July
17% Jan
••••» 12% Sep
1,200_
20%
1%
34%
16%
22%
—
! 17
warrants
Community
i
,
8%
116 Jun
38% Aug
10% Sep
V4 Jan
v
Electric—
preference
.Commonwealth & Southern
25% July
20%
1%
- ~
5%
10% Aug
23%
•
Fire Arms
Gas &
Columbia
6% July
4%
700
5%
5%
9%
3%
13%
12%
Patent
Colt's
— ■
k..'
1%
8%
*
100
.*
*
300
jr. •'
■
—
-
Jun
Sep
July
Jan
Jun
1
115 Aug
19% July
8% Mar
16% Jun
21% Jun
8% July
9% Jan
.119% Jun
105 July
13
Jun
119% Sep
Aug
5% July
9% July
9% July
16 July
6% Jan '
375
8,300
1,900
8%*,t^8%
1
4
1
Colorado Fuel & Iron
99 '<
16
26%
10
•
48%
v 118
Sep
34
100
-175
ftO%
10
;
—
-
Jan
97
150
-
35% 35%
10% IOV2
%
%
44% 46
13% 14
103Vo 108
106%
.1
Airlines
Colonial
111%
108
45
13%
*
10
Utensil Co
Co common
<—
__
Development ordinary
Colon
800
7,400
v
—
•
Corp
Plow
Cockshutt
Feb
Jan - '
200
2%
9%
41
7
Coal
Aluminum
Club
Feb
8%
5%
•
5
25
1
80
Jan
1%.
9%
41
41
2%
8%
13%
-
Drbp Forge common
8% July
Jan
75
warrants
Atlas
Jan
%
2% Mar
1,100
1
—
.*
Cleveland Tractor common..
", '50
4%
4
—
,
30
"
—.
1
preferred
Clinchfield
%
4%
—
..100
10
•
preferred BB
City Auto Stamping
City & Suburban Homes
Clark Controller Co
Claude Neon Lights Inc
Clayton & Lambert Mfg
Cleveland Electric Illuminating—
—
'
119% 119%
%
%
—
60c preferred B__
100
—
__
—
$6
200
15,000
22%
j-
v 21
$6
j
4% Mar
Jan!..
•v"97 %
"10
-
Jan
9%
-
-
.'
50
3,100
-
102% 103
.
—
,
30
120
2,000
,
—
-
130
44%
117
115
17%
—
—
common-—,*
....4
kChilds Co preferred
4% July
May
—
25
Flexible Shaft Co
—
„
!
Feb
7% 'Jan
41 May
114% Mar
108% Jan
12% Jan
7% Aug
10
Jan
20 May
3% May
7VaMay119% Jun
96% May
8% Jan
112 .Apr
% Jan
3% Sep
7% Apr
! 7% Mar.
13% Jan
x23
--
—
21,. 21
7%
7^4
7%
7"%
7%
103
144
Jan
1% Jan,
12% Jan
,
—
10
5
common
i Cities Service common
8% Aug
May
3
'*1,300
3%
;
__
3
:
of
Consolidated Mining
Chief
I
Sep
113% July
Apr-
'
1,100
3%
3%
3%
3%
23%
Corp
Chicago
Jan
3
4->
Jun
2%
"3,700
7%
y
Jan
13
106%
80
111% 111%
111%
■
y
10
I
:
275
,
—
,
*
Cnicago.Rivet & Mach
5% Aug
2% Mar
*
17%
10
1
1
com
500
2
44 %
116
114
16%
—
—
& Co
Corp
1%
—
;.
—
—
preferred..*
Chfsehrough Mfg
7 % July
2% May
100
2%
22 .1
23
3'/4
2%
...
. .
;
Sep
!■; 4 % Mar
Jan
4Va
—
Cherry-Burrell common
'Jan
20%
!
-
3%
•
Co
W)
(A M)
Charis
t% July
Jun
105
75
3,900
19%
;■
Jan.
&
110
110
Aug
48
15%
3%
9,900
%.
18%
<•'
.ft
4%
—
■/; ft
31%
Apr
Jan
Jan
22%
100
800
31
.
41
Aug
1% Mar
Jan
1
3,900
7
—
—
;
♦
Central Maine Power 1% pfd
100
cenuai New York Power 5%
pld—100
Central Ohio Steel Products
1
Central Power & Light 7% pfd
100
Central & South West Utilities—50c
Cessna Aircraft Co common
—1
cnamoerim Metal Weatner Strip Co..5
Sep
102 %
v
—
*
•
,*
—
America
Central Hudson Gas & Elec com
Aug
54
Feb
88%
*"*!§ **1
27
Jan
14% 14"%
Products
Catalin
18% Mar
35%
25
14%
:.*
Castle
Jun
34
r
—
common
Casco
Apr
Apr
(J
Carter
Feb
16% July
:
Carrier Corp common
14%
25%
—
preferred
$6
„
1
class A
Co
4% Mar
„
.
•
Carolina Power & Light $7
Jan
;
&
Carnation Co
7% Jun
25%
50%
—
100
;
Products
City
Class B
50
£1
Products
Automatic Voting Machine—
Avery (B F» & Sons common
6% preferred
Ayrshire Patoka Collieries
Jan
100
50%
of America
•
A&sooiated Tel 6t Tel class A
•
Atlanta Birm & Coast RR Co pfd—100
Atlantic Coast Fisheries
.1
Atlantic Coast Line Co
50
Automatic
1%
'
17
17%
Associated Laundries
Atlas Corp
Capital
30%
.1
5 1
Metal Works common
Art
Feb
41%
,
—
High
5% Apr
5% July
; .
144 * Jan
2% July
4% Feb
200
•
Canadian Marconi
Aug
,
18%
18%
..
—10
preferred.*
.—2.50
preferred
6%
;:
47
preferred
1%
34%
75
5
Industries Ltd—
Canadian
Jan
400
45
—
Writing Paper common
Anchor Post Pence
Angostura-Wupperxnan
1
Apex-Elec Mfg Co common
•
Appalachian Elec Pwr 4%% pfd—100
Argus Inc —
1
Arkansas Natural Gas common
•
Common class A non-voting
•
American
39
.
5
Low
High
__
•
voting
Class B non voting
5%
1,200
37%
Range since January 1
Alcohol—
A
41%
Jan
26%
107 '
125
7%
7%
*
5
♦ ;
,2
American
5,100
45
45
■,
,v
Jun,,,v.
15%
650
31%
114
%
•
18%
.
30%
113
38%
"
preferred
Thread 5%
$6 series
.
17
2,700
%
Class
3% Aug
Feb
34% Aug
3,800
iu.i
Feb
200.
.
37
36
36%
Power warrants—
& Foreign
Amenoan
2%
2%
10
1%
38%
Cyanamid class A—
American
Low
•
Par
11%
Industrial
Canadian
13% Aug
Jan
11%
& wight-
Cities Power
Convertible class A
American
-
-
Shares
Hton
Low
5%
Sales
for Week
of Prices
Sale Price
Hip J*
Low
11 %
-1
Last
Curb Exchange
York
New
Range since January 1
Shares
of Prices
Par
Central Mfg
American
Sales
for Week
Range
Last
Sale Price
"
Week's
Range
Friday
KTOCK^
Exchange
Week's
Friday
-
STOCK 8—
York Curb
New
'•
7% Feb
80
,
3% Jan
,.
200 *** .2% Jan ;
"*200*"* ' 9'/a Jan
Aug
33% July
81 Jun
8% Aug
4% July
HV2 July
r" ' 7.7'Feb 7'2%• Jujy
77;
1%
300
550
375
25
2.500
150
325
56% Jan
32% Jan
24% Jan
% Mar
33% Jan
33% Jan
75
44
,
,
Ang
Aug
52
52
Aug
Aug
^
'4
THE COMMERCIAL & FINANCIAL CHRONICLE
1318
Monday, September 25, 1944
NEW YORK CURB EXCHANGE
RANGE
Sale Price
preferred—
preferred
8%
16%
Co
5>/2%
9% July
14% May
7% Jan
16 %
Sep
11%
Sep
Britain
1,200
83%
Jan
95
Sep
97%
88%
Jan
97%
Sep
Indiana
150
46%
Apr
65% Mar
% May
8% Feb
1% Mar
10""
100
32%
34
34
400
30
11
July
14
Aug
46%
Sep
Sep
4
8%
Jan
103%
Jan
121
Sep
42% Mar
44
Feb
119% 119%
80
__
1-8
10%
"1%
—
1
1%
39
.-1
10%
39
6 3/4
1%
35
8%
1,600
39
6 3%
38%
100
1% Mar
38%
so
31%
Jan
400
;
6 3%
12% July
1% July
4%
41
Jan
1,600
27% July
18% Feb
July
7%
Jun
34%
Apr
42
Aug
preferred
7%
Preferred
t
v
c
North
Faircnild
J
Metallurgical
Fansteel
Mfg Co
Fedoers
2,400
3%
7%
Jan
11% July
225
27
Jan
63
Aug
86
550
77%
Feb
89
18%
18%
100
14%
Jan
19
Aug
Aug
15%
16%
7%
Jan
17% Aug
15% Jan
20% July
•
series
Metal
50
;
Industries A.
Warrants
Petroleum
Safety Razor B
Utilities
Corp
Investors
25% Mar
60%
60
56%
Apr
64
4%
22%
75
Apr
23% Jun
Jacoos
19%
23% July
Jeannette Glass Co
Jan
2
Jan
150
23
Aug
'"3%
100
3
5%
Feb
17%
350
600
17
16%
16%
16%
48
49
40
Sep
16% Aug
10% Jan
30
July
4% July
18
——•
Gellman
Mfg Co common
Alloys Co
Gen Electric Co Ltd—
General
—
Aircraft
Feb
preferred series A
General Flreprooflng common
Gen
Jas & Elec $6 preferred B
75
Aug
8
Feb
78
General
Rayon Co A stock
General Shareholdings Corp
•
1
•
com
preferred
$3
preferred
Georgia Power $6 preferred
$5
preferred
Gilbert
700
1%
Jan
3%
1%
400
12
Jan
1% July
Jan
3%
Feb
6
July
Sep
8
Jan
8 %
May
5%
5%
300
18%
1.8%
500
14%
115
100% 100%
20
79%
Jan
Jan
87
86
49%
*
;
Engine Co
87%
80
49%
50
11%
200
•
class A
*"• '•
III
Mines
*
Gorham Inc class A
preferred
Mfg
Grand Rapids Varnish—
7%
——
1st
J-l
—8
Co
75%
Jan
common
•
stock
16
_25
Paper
47
200
16
4,300
47
25
13%
13%
300
%
1—
Jan
Mar
Jan
89
Sep
12%
i7e
51%; Jun
9%
Jan
common.. .250
$5.50 pfd
Utilities
16
Mar
9%
600
Jan
%
Jan
:
—
.
—
11
1 %
2%
Apr
5
Jan
500
2%
Jan
Jersey Central Pwr & Lt 5%% pfd__100
6%
preferred
100
7 % preferred...—
100
Julian & Kokenge Co
——*
97%
97%
97 %
25
87%
Feb
Aug
May
preferred
Aug
Sep
15% Aug
110
Jun
%
Jan
Jan
7% May
Jun
82% May
34% Sep
%
Feb
ia
July
Jan
8%
Jun
7
Jan
11%
Feb
85
850
35%
300
29%
Jan
7%'
7%
500
6%
Feb
5%
5%
100
108% 108 %
20
83
132
Jun
Jan
3% Mar
108
Jun
4% Aug
12%
Jun
5% July
98
Sep
92
Feb
104
Sep
100
Jan
109
Sep
18
Jan
120
5%
July
—
20%
.
Apr
.1
preferred
93% Mar
136 %
Aug
35% July
8 Vb July
6% Aug
111%
55
Feb
Feb
4
July
400
2%
4%
500
4
xl6
10
—
16
Feb
11
Aug
Aug
21
May
100% Jan
170
109% Aug
84%
Ufa
Feb
96% Aug
13%
100
11,'«
Sep
9
200
7%
Jan
54
"9
...
16% July
Jan
16
—
llfa
.1
lVe July
Feb
*
'
—
5% Mar
Mar
8%
300
107% 108%
<
—
Sep
3A May
15%
100
—
.
*
convertible 1st preferred.—100
Kress (S H) special preferred
10
Co.....
Jan
3%
9%
4%
Kreuger Brewing
45%
...%-
100
Kresge Dept Stores—*
Jun
20
12
—
Jun
47/ /
-
—
1
113
67% July
—
——*
5%
Feb
Jan
xl6
__
Jun
56
4%
.
1
Inc.—
111V4
40
3%
]
Knott Corp common
5%
—
Feb
12% Aug
19% Aug
Jan
59%
46
,
Klein (D Emil) Co common
•
Klelnert (I B) Rubber Co.———10
Koppers Co 6%
9%
124
9% Mar
100
58
__
100
Petroleum
Stores
700
17
—
100
Products
11%
—
—300
Kirkland Lake G M Co Ltd
Kobacker
11%
17
*
—
preferred D
Kingston
11%
Jun
9 3/4 Mar
L
Lackawanna
Lake
Shore
RR
(N J)
100
53%
l
17%
Mines Ltd
Lakey Foundry & Machine
Lamson, Corp of Delaware
preferred
Class
Jan
Oil
1
Development
(R G)
Lionel
Steel
preferred
JJ
preferred class B
&
i,
Mar
xll5
May
Jun
10
Louisiana Power & Light $6
pfd
Lynch
common
6%
26%
100
10
Apr
13Ta
500
10%
Feb
14
22%
Feb
12%
13%
2%
/
Sep
1%
Aug
Aug
29%
Jun
Aug
July
253i
Jun
3%
Jun
1%
Jan
18%
Jan
450
15
Feb
17%
Sep
6.400
8
Jan
10
Aug
173.4
9%
40\a
Jan
;
600
'..'j
■
16%
Apr
5% Mar
400
10
•
/
23
Aug
li
Feb
63/8
Feb
8
May
109%
Jan
113
May
26 3/4
Mar
32
July
1%
2.100
72%
73%
250
51
65%
66V2
400
49
6%
6 3/4
1
'
6%
fl
Corp
Feb
7.100
J2.700
•
July
Aug ? /
Mar
13/a
12%
66
1
6
263k Mar
27%
•
100
110
Feb
Jan
25
■
Sep
14% July
1%
100
Exploration
110
Jan
100
>
July
July
4%
--
40%
10
1
•
26%
17%
,
4
/
3
■
~
;,// 18%
5
40%
V-f'.v;-.
CI
59% Aug
Jan
21
''
*
v'
•
preferred class A
Land
''//;•
Jan
93/4
300
./
13%
._10
common
7 %
Feb
14
2%
.:
•
:
6%
Jan
25
A
Chain
Long Island Lighting
2%
12%
*
Class
Lone Star Gas
Corp common
Louisiana
u.
27
10
Groceterias
1,900
■
1%
1
Corp
4%
105%
5
Lipton (Thos J) Inc 6%
Lit Brothers common
Locke
il
25
Inc
Jan v
■''/.•
•
Material Co
2%
13%
'•»**<"'' :.;V
•
Le Tourneau
100
/-
r-
14-
—
Leonard
Line
3 3/a
'•
1
Lefcourt Realty common
Convertible preferred
12
3%
3%
100
B
37
4,800
16 %
<
J5
Co common
1.670
17%
52%
1
Langendorf United Bakeries class A__*
Feb
70
/
—
*
—
49
Jan
1,200
1013/4 103
102
S
Key Co common—
Kimberly-Clark, 6% pfd
Kings Co Lighting 1% pfd B
Apr
9
4
100
Inc
Wells
37%
3%
10
K
Kansas Gas & Elec 7%
Bryant 1%
34%
220
7%
10,400
Loblaw
110% 110%
173/8
500
4%
Lane
35%
5%
200
■9%
11%
Lane
84
preferred
■
Gypsum Lime & Alabastine———
20% July
19 Vb
9
4%
17
84
$6
% July
Jan
19
3%
11 % Mar
4%
9
30% Aug
12% Jan
Mar
4%
Apr
30%
~9%
%
11%
Feb
x40
~y
1,100
*
13%
5%
yoo
Feb
Jan
Itf
%
51% Aug
113% July
May
10
4,900
nr.
Feb
7
500
Jun
106% May
12% Jun
104
7%
Products
Stores
States
15%
47
Greenfield Tap & Die
Gulf
11%
100
preferred
Northern
Grocery
41%
Jan
Pacific Tea—
&
Atlantic
Great
1
IlO
,—
common
Non-voting
U
1
25
..
10%
1
Co
10%
*
Consolidated
Mfg
84
2 % Mar
8%
11%
—I*
Great
101% Aug
Feb
111
preferred:
Gray
Aug
1%
common
Godchaux Sugars
$3
21% July
136
July
2% July
100%
Co
Gorham
16
Jun
%
49%
Gladding McBean & Co
Glen Aldeu Coal
$7
Jan
Jan
74
Preferred
Goldfield
Jun
51% Mar
(AC)
Gilchrist
Jun
2%
Water Gas & Electric common—1
Gen
Jan
•
12%
•
•
General Outdoor Adv 6% pfd
100
General Public Service $6 preferred..*
convertible
Feb
70%
1%
10
5%
200
.
52% July
Jan
2%
1
General Finance Corp common
$6
20'
1%
.
Aug
July
49% July
1% July
17% July
37
7'/a
75
£1
.
13/8
10
3
20
.7
1
(F Lj
Kirby
dep rets ord reg
Ainer
1%
1,400
Jan
58
75
Aug
10%
...
26
17%
100
1
*
Aug
48
2%
7% May
1% Jan
■
6% July
19% Feb
Jacobs
common
18
150
•
Ken-Rad Tube & Lamp A
Co
200
,800
July
Kennedy's
Power
19
-1
Italian Superpower A
Jan
19% July
8 % Mar
49%
7%
2%
1
".
Jun
19%
Apr
19
•
Irving Air Chute
10"a
Apr
493%
•
Royalty
Jan
163/4
—
»
$7 preferred—
73/s
16%
.
7%
15
com
Mills
Hosiery
1,000
.8,500
—
.,
————50
Equipment
1
Power
8%
18%
.
10.
—
International
Interstate
8%
17%
•
Iron Fireman Mfg voting trust ctfs—•
21%
.
18%
shs__*
coupon
Registered
shares.
International Products
11%
200
1,200
„
8%
International
Feb
1,200
preferred
—
...
5% May
25% Mar
5%
5 >.
16%
•
International Minerals and Chemicals—
14%
22%
Jun
5?3/4
84%
6,300
5%
1%
54
3,200
Sep
100
56%
11%
22%
Gatlneau
3
3% Aug
3% Aug
Apr
84%
29%
**
3%
1
10
America
3% Aug
non-voting
Class B voting——
Ford Motor of France—
Amer dep
rets bearer
——
Fox
(Peter) Brewing new
1.25
Pittnknn Co Distilling
J
Froedtert Grain Si Malt common
1
Fuller (Geo A) Co—
J
$3 conv stock
-convertible preferred
—100
25%
Feb
16% July
30% Aug
60
...
Feb
70,
Jun
10%
26
66%
Feb
26%
Class A
Jan
Jan
1%
10%
Mar
42%
463%
1
12%
29%
106
80
50
400
16
30
53%
Hydro Electric—
$3.50
International
Interstate
110% 111%
55
7,400
15%
Warehouse Co—25
10
(Phila)
Ford Motor Co Ltd—
Am dep rets ord reg
Ford Motor of Canada—
Association
10%
3
-®
——
Federal Compress &
Fire
9%
1
Brewing
Falstaff
10%
1
25% July
114% Aug
53
Cigar Machine
$3,50 preferred
Interstate Home
Inst Co
Engine & Airplane
11% July
Feb
54
common
International
Fairchild Camera &
Jan
22%
111%
1
International
•
9
'$0100c
10%
■
13% July
13% July
100
of
International
Apr
Apr
100
preferred
Co
High
10 3/4
100
Common
Insurance
51% Aug
16% July
Jan
6%
preferred
Industrial Finance
July
38
Jan
12%
Inc.—.
—50
Eureka Pipe Line common——
1
Eversharp Inc common
—
10%
_£1 •>■'.
,
Service
1,700
11
Indianapolis P & L 5%% preferred.100
1,600
1%
Low
123/8
&
59%
Ireland
Range since January 1
High
11%
A
Great
58
41,400
10
.10a
Corp common
convertible preferred
of
96%
.100
Esquire
Tobacco
11
-
stock.
Imperial
12%
Shares
•
95
—10
Mfg——--—
Equity
$3
Jan
Feb
-50
Power participating
Derrick & Equipment
Emsco
100
48%
for Week
Low
•
97%
-15
—-
Electric 6% pfd
Empire District
5
Jan
Sales
Range
of Prices
Par
Imperial Oil (Can) coupon
Registered
Imperial Tobacco of Canada
10%
1
preferred—
Electric
Emerson
Empire
High
58
•
■
common—--,
conv
35%
Week's
Last
Sale Price
93%
Option
Elliott
Friday
Exchange
10%
-
warrants
Electrographic Corp.—Elein National Watch Co
1,400
16%
Curb
94%
2d pfd A_.
Power & Light
25
8
8%
*
y* w v* t
$6
Electric
*
common— —8
Si Share
Bond
Electric
$5
STOCK8
Low
38%
38%
22
Range since January 1
High
Low
—1
preferred v t c
Easy Washing Machine B
Economy Grocery Stores
$5
SEPTEMBER
New York
Shares
Sugar Associates—
Eastern
ip*/
ENDING
for Week
of Prices
Par
WEEK
Sales
Range
Last
Exchange
Curb
Week'*
Friday
8TOCK8
York
New
FOR
303/4
0mv,r'
31
100
1%
.
Jan
Jan
77% Aug.
70% Aug
Jan
H
Hall
Lamp
Hamilton
Co
8
Bridge
Hammermill
Electric
Hartford
Rayon
Harvard
Brewing
Hat Corp of
Hearn
6%
Light
ctfs
Co
50
Rubinstein
453%
& Co
Consolidated
Holltnger
Holophane
Co
G
M
Hormel
-
7%
Co
& Co common
(A
Horn
&
Horn
Hardart Baking
Co
preferred
Hubbell
Humble
Oil
&
Hummel-Ross
Inc
3%
Jan
41%
Jan
30
1,900
Ligonier
•'
Corp
..5
Co
Jan
preferred
July
9% July
$5
Communication
Massey Harris
common
conv
Dividend
Imperial
Am
preferred
arrear
Zinc
—CCIio
13% July
Radiator & Mfg B
McWilliams Dredging
•
11
Jan
12
Mead
•
162%
350
May
Mar
24
Sep
Memphis Natural Gas
Sep
Mercantile
4%
4%
400
12
3% Aug
16%
200
14%
19%
20%
500
18
27%
28
300
9%
10
2,100
Jan
May
4%
16% Aug
22% July
37%
20
28 Vz
28%
28%
375
19%
19%
38%
39%
7%
7%
10%
8
24
Feb
32
Jun
8% May
11%
Jun
15%
Jan
Jun
13
Mar
33
Jan
40
May
25%
Jan
July
Jan
Aug
6% Aug
119
Apr
30
Jun
113%
800
17%
Apr
Apr
20 % Mar
2,500
38%
Sep
45%
5,700
10%
300
3%
4
Jan
Jun
8
Sep
xl 1%
July
23
4%
Jun
12%
12%
6%
Jan
300
2%
Jan
50
20%
Jan
3% July
3%
23
Merritt
&
Stores
Chemical
footnotes
Industries^""
see
9%
10%
51%
50%"
£j
page
1321.
6
&
8%
700
29% July
3% July
9%
13%
Jan
Jun
6%% A preferred..:
Messabi Iron Co
8 Vb-.. '
Micromatic Hone Corp
Middle
B
v
West
Midland
Oil
Midland
Steel
Co
4%
Jan
12
Corp
$2
conv
preferred
Oil
Piping
Co
•
9%
9%
99
■
2% Aug
■
Aug
3% Aug
4
Jan
May
Aug
44
Jan
110
10
>■
/
110
Jan
Jan
.
July
8% Aug
/
Sep
1%
116
Mar
800
2%
Apr
4 %<
July
200
'
1
4%
Apr
8%
Aug
IS Mar
5,500
200
10%
1% Aug
Jan
734 July
10% Aug
6
1,200
12
5%
Jan
8. -
Jan
2%
600
1%
Jan
11%
,
1,000
1,800
9%
Jan
9
Jan
12% Aug
10% Sep
20
Jan
25%
23%
Apr
30
10
200
24
Supply
~2%
150
:
Aug
Jan
Mining Corp of Canada
51%
Sep
9%
Jan
15%
Apr
Minnesota Mining & Mfg
Minnesota Pwr & Light 7%
8%
,
•
Mississippi River Power 6% pfd
common
Mock Jud Voehringer common
2%
•:
60%
1%
60
100
2,500
■
.•
400
1%:
60%
;
C
13% May
3% May
700
550
15%
Jan
2%
Feb
1% Mar
52
Mar'
278
9
22
97%
:...
115
,
•
115
50
11%
28%
11%
50
27-.
28%
1,900
109%
8%
14
Sep
July
Aug
July
July
3% July
2
Aug
65
May
July
1
100
2.50
1% May
8% Jan
400
8%
,~2%
•
•
pfd
:
■
1
43 Vb
Missouri Public Service
24'/4
"2%
10
&
Refineries
500
Jun
•.
23/4
•
900
6%
11%
50
1,400
Jan
2 3/a
„•
common
Abrasive
13%
July
■
100
6%
65'8
81
Jan
Jan
3,700
July
Sep
4% July
Products—
10%
5%
i*
5
common
51%
13
C; %
7
11%
13 %
Jun
__
% 6%
.10%
10%
9%
1'
8% July
Jan
%
3%
■•3% C.3%
:"i 7%*
7 5/4
1
$2 non-cum dividend shares.
Midvale
:
3
Corp
6
Sep
Jun
162%
Jan
3%
-
Co 112..
Petroleum class A-vtc.l
t c_
41
200
Jan
.,
13
Jan
36 ">
—
•
Jan
Mar
'
3%
112
.
33/4
l.1
2.50
8%
'
—
' _lr
•
Feb
500
2,.
-3%
•.
15
1% Mar
200
78 Va
•
Jan
3%
1,100
..
m
10
138
80
7%
3 %
10
Middle States
Class
-
1
25c
Preferred
Mid-West
2,400
100
textile Corp
^
Participating preferred
Metropolitan Edison $6 preferred
Michigan Bumper Corp
I
Michigan Steel Tube
Michigan Sugar Co
Metal
26
Jan
2%
400
2,000
1%
—
5% Aug
Aug
4%
8%
6%
4%/;:
333i Mar
Jun
'
100
11%
773/4
•
'
6%
4%
Sep
Sep
Aug
6%
im.m,■
10%
...
2%
U
:.
5,300
.
162% 162 V4
•
Scott
Warrants
13%
dep rets regis
For
10%
common
common
Chapman
6%'
•
Co
'
110
38"%
Johnson
;
~7%
7%
—
Jan
May
10"
~8%
■
9%
19
90
17
/■
.
-
*
10%
ctfs
Co
•
8%
11%
Midwest
Illinois
—
1
u
12%
Jan
5
-
50
3%
5
•
•
t
Jan
Feb
313/4 May
-
—
200
_•
common
;
•
•
McCord
Midwest
5%
•
£1
'
v
1%
5%
500
81
•
.
Ltd.—
Mass Utilities Association
500
2%
12
•
Margay Oil Corp^
Marion Steam Shovel
Mid-West
Illinois Power Co
Co
2%
Cll%,
1
convertible
preferred
Mapes Consolidated Mfg Co
Marconi Internat Marine
:C;
—
;
12
13%
116
1
*
48
12
1
Hydro Electric Securities
dygrade Food Products
Jan
10
Jan
7% July
Mengel Stores
24
36%
•
Huyler's common
6%
50
30
13% Mar
—
8
Refining
Fibre
Jun
26%
100
(Harvey)
Apr
300
•'
•
2% July
7%
Manatl Sugar optional
warrants..
12
16%
—
•
Si- Hardart
Aug
4%
6%
7%
52
Feb
400
16
Jan
July
Jan
26%
453%
5
2%
Apr
Apr
1
common
Jan
M
9% Aug
27
5%
1,500
*
Horn
Hussmann
—
•
common
(Geo A)
C)
4-%
28
8
•:
13%
10
Inc
Horder's
-
Jan
23
12
2.50
class A
453/4
10
3
common
Heyden Chemical common
fR)
7%
•
1
Hewitt, Rubber
1st
6%
*
2
participating A
Common
5%
26%
•
common
5%
4% Sep
xl9% Mar
1%
4--sr.
5
Class A
Hoe
1%
33/4
--
•
25o
Co
50
47
1
1
Corp.
Henry Holt ft Co
700
Jf—.
America B non-vot com—1
preferred
Heller
4%.
25
voting trust
Mining Co„
Helena
9%
10
Dept Stores common..
Hecia
8%
4%
—*
Paper
Hartford
Hazeltine
Ltd
Co
9%
Jan
105
Jan
115%
Sep
Jan
11%
Sep
Jan
28%
Sep
THE COMMERCIAL &
Number 4319
Volume
EXCHANGE
NEW YORK CURB
RANGE
Week's
Sales
Last
Range
for Week
Exchange
York Curb
New
Mountain
Mountain
States
Power common
Mountain States Tel & Tel
Ohio Mfg Co.
Murray
Co
common
preferred
6%
3.%
2,600
2%
Feb
2%
700
12
Mar
1%
Piper Aircraft Corp
July
8
July
May
Aug
178% July
100
18%
187/8
38 V»
38 %
15%
Apr
19
Jun
50
28%
Feb
38%
Sep
:•
1%
1%
6%
6Va
6Va
1,900
100
22%
22%
'■>
V'
8%
—
%
8
V
300
18% Aug
Jan
14%
0%
Jan
10% Mar
Jan
80
Sep
Mar
National Breweries common
Jan
6%
Feb
32% Aug
Jan
35
Jan
Common
Jan
44 % Mar
1,000
11%
Sep
14% May
Puget
19,600
11%
Apr
12 %
12%
11 %
12
14
14
500
10 Ve
10%
400
Apr
24
700
18%
Feb
8%
Jan
11%
Jan
1%
Jun
preferred
$2
4%
10 Va
9%
2%
500
5%
1,500
2%
5%
5V2
New
Haven
Clock
"8%
8
8%
3%
Co
Auction
Y
N
Y Power &
*
N
N
Y
Jun
9
July
Jan
9
Feb
Jan
7% Apr
64
Sep
Feb
21
Aug
90
104
A|>r
12%
6%
100
12%
19
59%
60%
60%
Jan
109%
Jun
13%
Sep
18% Mar
20% July
54
100
1,600
64% July
Apr
3%
Jan
2%
Mar
35
Feb
Mar
35
30%
100
11%
Jan
114% 114%
50
112%
Jan
104% 104%
1141/2
.100
60
102
Jan
V
15
15
...1
200
•
68%
69
13
109
May
260
69 %
60
May
Sep
14%
Apr
Jun
117
106% July
17% Mar
Jan
70
15
109% 109%
.100
.100
pfd
4% July
10% Mar
Jan
30%
30%
I—*
pfd
Jan
Jan
21%
..10
Water Service 6%
9%
108% 109%
.10
State Electric & Gas $5.10
Y
Jan
3%
preferred.
•
10
2d
Class
85.
82%
.100
preferred
optional warrants.
optional warrants
Niagara Share class B common
Class A preferred
5%
72%
12
A
■
1
11,800
86
7
Jan
111
Jan
75
Feb
__
—
B
common
10
1
7 Vc
preferred....
■
14% July
1%
Jan
4%
Jan
%
Jan
Novadel-Agene
common
$6 preferred
Edison
Ohio
;
Co class B
Brass
preferred
Ohio Public Service 1% 1st pfd
6 % 1st preferred
Ohio
•
Power 4%Vo
Oklahoma Natural Gas common
Oliver United Filters B
:
Omar Inc
Securities
Overseas
;
Jan
600
27% May
37% July
700
28
37
>
Jan
1st pfd
preferred
Pacific Lighting $5 preferred
Pacific Power & Light 7% pfd
Public
Pacific
$1.30
1,400
July
13%
14
26
6,900
14%
900
p{ 26%
'-4%
1,000
22%
175
109%
109,% 109%
190
115%'
115 £ 115%
4%
22%
4
Power
Quebec
70'
Motors
Parker Pen
26*4
Patchogue
100
Utility Investment A
Rath Packing Co. common
Raymond Concrete Pile common.
$3 convertible preferred
Raytheon Manufacturing
Red Bank Oil Co
Reed Roller Bit Co
Peninsular
7;; )
25
37%
37%
37%
1,000
33%
33%
33%
300
107% 107%
60
100
preferred
$1.40
r~:
Rice
18%
18%
Jan
103
Mar
July
116
Mar
Jun
15% July
Jan
27% Mar
7%
23
Feb
4%
3% May
18%
24% July
Jan
112%
Feb
Feb
116
Power
$6
&
A
•
112
Light $7 preferred
Salt
Mfg
Co
—
Penn
Traffic Co
Penn
Water & Power Co
Pepperell
Mfg
*
*
101%
,
100
Pharis Tire & Rubber
1
Philadelphia Co common
Phila Electric
Phoenix
Pierce
Pioneer
For
Securities
Governor
Gold
St
Lawrence Corp
Dome
salt
savoy
vju
158
Co
Schiff
see
"9
35
Jan
32%
Jan
15%
Jan
106% Mar
Jan
Jun
July
38
35% July
•
6
Feb
Jan
Jan
20% May
Mar
Feb
82
6%
Apr
9
9
July
Jan
34
Jun
16%
Jan
22
Jan
34%
Jan
33%
Jan
24
Ltd
page
1321
100
IS May
400
%
2 % May
4% July
IVa July
%
J an
105 Va
Jan
108 Va
Aug
15%
Feb
14 Va
Aug
12
50
12%
13
10%
Jan
2%
100
Feb
—
3Va July
8
Aug
Jan
19
Mar
18
Jan
10
May
5
Apr
17%
500
V'
--
—
Aug
16% Aug
2,000
7 Vb
■
Sep
Aug
1 Va Mar
70
108%
18
6
16 %
1,400
%.
6%
Jan
11
500
••3%
8
Jan
4
4%
8,700
3%
Jan
4%
Sep
8%
9%
9,800
4% May
9%
Sep
3%
3%
500
2%
—
__
4%
"3%
:
■
Jan
1%
Elec
$6 pfd
Sentry
Safety
4% Aug
M
"2
,;/*2%
71%
70
32%
33%
9%
4%
Mar
v
45%
%
1
179
25
160
58
157% 158
2,050
55
Sep
125
125
Jan
31
Jan
7
Jan
8% May
184
3%
68
158%
36
9%
11%
original preferred
preferred B
5%% preferred series C
Sep
40
Jan
Penn
6%
104% Aug
Sep
Jun
Mar
Sep
Aug
Sep
Aug
150
28%
Sep
33%
Jan
7'/a
7%
100
5%
Apr
8
July
1
36%
33%
36%
10,500
22%
Jan
36%
16%
16%
3ft
3%
Sep
500
12%
Jan
18% July
2,600
1%
Jan
3% Aug
27%
1,500
:
4%
1st
100
12,400
9%
200
Cprp—
Inc
Standard Brewing Co.
Stahl-Meyer
.
July
Jun
•35% Aug
114
64
Feb
"l Va
Sep
Jan
,
4%
Sep
48 Va
Jun
1
6%
Jan
Jan
67
Jan
81% Aug
69
Jan
80 Va
73%
300
% Jan
400
Jan
6%
3%
98%
Feb
12
Apr
500
91%
Feb
104
99
98%
200
Apr
Feb
20
15%
15%
125
31%
31%
50
■
—-
...1
.100
251
..£1
255
30
4
255
4
800
—
.100
Apr
115%
—
15%
Aug
3%
1.000
110%
12
—
6
10 Va July
3%
112% 113%
100
Apr
2%
Aug
l'/a July
12'A
3
12%
.25
July
1 % Mar
10% Aug
3%
—5
11% July
22
Feb
6%
%
2% July
Apr
700
%
12% Mar
Apr
1,000
—
93% July
Jan
2'/a
10
~i
•
—
9%
40
%
—
21
Aug
13%
Jan
Aug
Feb
15% July
21
Aug
13'A Jun
16
Jan
Jan
32
Jun
Jan
Apr
4
July
275
Jan
26
2%
229
2%
Feb
Jan
108
4% Aug
Jan
111
—
12% Mar
«
4
2%
7%
4%
900
2% Jan
5
4
5
100
3%
2%
2%
1.100
7%
200
3'A
1.300
407/a
500
7%
Jan
2Va Feb
16%
Jun.
4% July
6% Mar
3%
Apr
4% Jan
8% Aug
3
40
28%
50
28%
2%
.25
.25
31%
40
Apr
45% July
28
Mar
31
Mar
44
74
.25
Apr
32% Aug
Jan
31 Va
Feb
2
July
67
Jan
77
July
July
130
Jan
1%
~6%
10%
10%
20,,
1.200
6%
9
9
-
100
10%
2.600
8%
9%
4.400
43%
9%
43%
20
%
100
%
%
ft
6,000
4%
4%
4%
300
%
Sep
29%
121
.25
6%
July
29%
700
32
74
31%
Jan
3 % Mar
37
3'A
.25
.10
preferred
Spencer 8hoe
:
75
Sep
200
2%
73
t
Spanish & General Corp—
Amer dep rets crd bearer
Amer dep rets ord regis—
2% July
19
V 3% May
Jan
500
:
44%
--
Colorado Power class A.
100
1% preferred
100
Southern New England Telephone.10
Southern Phosphate Co
—10
Southern Pipe Line
.8
Southland Royalty Co
.1
Spalding (AG) St Bros
Southern
90
2
9
10
Manufacturing common.
5 %
Sep
Jan
16% Feb
Corp
Oil
Southwest Pa Pipe Line
Southern California Edison—
Sep
2% Aug
Jan
50%
9%
"2%
common
South Coast Corp common
Jun
1%
150
10'A
3%
44%
Aircraft Co
Solar Manufacturing Co
South
Jan
14
"2,800
81%
79
Solar
Soss
46 % July
Feb
'
__1
B
Manufacturing Co
Sep
6% July
Jan
114
-1
Control
Manufacturing Co Ltd—
Amer dep rets ord regis
.
Sioux City Gas & Elec 1% pfd—
Smith (Howard) Paper Mills
Mar
Jan
1%
100
71%
33%
5
25
8immons-Boardman Publications—
$3 convertible preferred
Simplicity Pattern common
50
5%
-v
2%'"
2%
2%
100
18%'"
10 % July
—
& Power
Sherwin-Williams common
5% cum pfd series AAA—
Sherwin-Williams of Canada..
Sick's Breweries Ltd
39
76
r;
2
g
July
6% July
Sep
32
75
43%"
3% July
15
7%
700
5%
5 '/a
42%
4 Va May
4,000
8%
7%
8%
18%
Seton
Co
11% May
—
13,700
6
5%
Brook Water Service—
Serrlck Corp class
2% Mar
100
WW
6
.1
Convertible stock
$5.50 prior stock
Allotment certificates
May
Jan
17%
3%
13% July
30,500
6
15%
18
Steel Co common
Securities Corp General
Seeman Bros Inc
Sonotone
90
1.300
26 % July
Jan
Jan
__
Jan
Mar
109
10%
2%
3%
12%
.1
Singer
Jan
29
Apr
11%
\l
preferred
Singer
.
Jan
10%
Jan
Jan
1%
21% July
13
*
•
——1
—
*
Segal Lock & Hardware
1
Seiberling Rubber common
•
Selby Shoe Co.—
—
'
Selected Industries Inc common
1
96
Aug
107
%
28%
10%
Sep
Jun
12%
100
108
Scullin
109% May
~7%
25
Sep
52
44 %
ft
Jan
94%
1,600
Aug
23'A
400
25
9 Va July
80
9
1%
42% July
2%
Shawinig'in Water
Sep
200
9
Jan
July
13 Va
.25
9%
Jan
__
Jan'
Mar
48
1%
16
24%
%
II
7% Mar
Jan
,'
May
11% July
2,600
2
3%
.50
common
Feb
4%
/;
July
15%
•'
Aug
64%
55 V
85% July
157
7,800
42%
%
-
8
2% Mar
55%
ft Jan
40
1,000
22%
3%
1
Leather common—
Shattuck Denn Mining
25
101% 101%
Jan
—
5%
"15
Jun
6,800
2
Apr
100
15
*
July
75%
2
1%
l'/a
*
Oil Co—
27% Aug
*5%
106% 107%
Apr
12%
15%
1%
5
113
1
common
May
13 Va
2%
Ltd.
117
•
common.
Mines
footnotes
•
pfd
Co
13% July
24%
Consolidated Petroleum—...—•
Ryereon & Haynes common
1
Jan
*
Power 5%
Packing
50
f;
25
40
40%
Ryan
Jan
"5%
179
50
*
Phillips
300
2.50
Co..
14% July
Jan
2,800
;
—
♦
Aeronautical Co—
Ryan
Jan
43
2
Perfect Circle Co
17
Jan
Jan
;r;
1%
21%
—.20
convertible preferred.
Roy a lite Oil Co Ltd
$1.20
~
75%
5%
107
•
104% Aug
Jan
10 Va
'
22%
Richmond Radiator—
——1
Rio Grande Valley Gas Co v t c
1
Rochester Gas & Elec 6%'pfd D
100
Roeser & Pendleton Inc
*
Rome Cable Corp common
5
Roosevelt Field Inc
5
Root Petroleum Co
1
18%
28% Aug
•
com
preferred
Penn
100
>'T
Aug
107% July
'
39
39
Pennsylvania Edison Co $5 series pfd.*
$2.80 series preferred
*
Penn
33%
18%
33%
25
Penn Gas Si Elec class
14'/a July
Jan
149
l'/a
warrants
Richfield Oil Corp.
Scranton Spring
32
33%
1
Jan
71Vb Jan
140
—
IV4
V
1
Scranton
6%
18,000
8
7%
:
Pennroad Corp common
Jun
8%
15%
*
common__50o '
1
Electric 61 Engineering
Aviation
Stix Dry Goods
Jan
.
A
118
10%
82
■'
•
Apr
5
7%
1%
Reliance
Aug
96%
—1
common
Sep
Jan
'
Republic
12
13
.25
Mills
Telephone
Sep
11%
12
*
5
87
6%
-10
Plymouth
x8%
xlll
93 %
81%
10
1
10 v
!
common
Voting
Railway &
Jan
80
Rig & Reel—
Parkersburg
10% Aug
Apr
3.700
13%
12
Radlo-Kelth-Orpheum option warrant!.
Railway & Light Securities
6
"
~9.y "9
26%
—1
Co
Apr
1
1% Aug
5%
19
Corp
% Mar
R
Jan
108
1,200
Page-Hersey Tubes common
Paramount
Sep
Jan
7% Mar
300
Co
7
115
Pantepec Oil of Venezuela Am shs_.
100
5
—
Jan
113
•
Service
Jun
12%
6%
375
•
Jan
104
preferred
1st
48%
Jan
1.000
8%
lft July
Jan
Jan
32
5.500
%
"II100
preferred
6%
87
m
Co common-
1st
5 %%
12
6%
43
__
12%
13%
13%
..10
Quaker Oats common—.—
4%
..-y
Pacific Gas & Elec 6%
6,500
■/'.
Sep
11
I
Manufacturing
Pyrene
Silex
Pacific Can
1%
•••*•*
26%
102% 104
54% Mar
52% Mar
10%
10%
10%
*
*
..100
100
100
15
♦
1
1
July
200
114Va
.10
Apr
%
Ohio
34
325
Jun
108
.
Jun
1%
Si
Ogden Corp common
Jan
5%
32%
.100
preferred
Sound Pulp & Timber..
%
•
Corp
103
11% Aug
120
33
33,
„
25
Power class A
Northern States
July
.100
Sep
2% Feb
125
;;
32
100
.
7
8%
12%
110%
Utility Securities.:—•
Northern Central Texas Oil
5
Nor Indiana
10%
Sep
•
107% Aug
Jan
Jan
American
North Penn
.Jan
105
100
9%
33
33
1
RR Co_
50
Public Service 6% pfd.100
Jan
5
6% July
1,200
~2%
110
Northeast Airlines
5%
ft Mar
Jan
10%
50
prior preferred
6%
North
Jan
r32
Apr
5%
2,000
"l%
%
•
•
North American Rayon class A
Class
2,300
9%
1%
•
preferred
$6
11%
1
common__l
North Amer Light & Power
1/128 Feb
Jan
77
May
9%
5
i
Mines
Electric—
Noma
700
11%
-—*
1
Nineteen Hundred Corp B
Nipissing
5%
6
105% 105%
5
100
65
Sep
86
%
Class B
Niles-Bement-Pond
3% Jan
Apr
74%
150
72%
I —•j:
2%
1,150
3 Vb
3Va
.100
1st
4%
700
%
Russeks Fifth Ave
5%
Jan
10%'
July
71/4
shares..
Founders
88
Jan
common
preferred
Shipbuilding Corp—
$6
N Y
Apr
18
•
Light 1%
2
10%
12%
Jan
47%
2,000
64
..1
Merchandise
Y
N
600
1ft
29% Mar
114
25
62%
19
City Omnibus warrants
Y & Honduras Rosario
N
7% July
•
Jan
May
4%
600
Y
N
2% Aug
X20% x20%
63%
12 %
:
& Arizona Land
Sep
5%
«
Process Co common
New
N
Jan
9% July
13%
3
108%
Zinc
Mexico
New
Apr
6% May
.25
Mar
Sep
85%
TOO
Co
Feb
15
July
110
10
113
113
New Idea Inc common
New Jersey
14
12
26
*
England Tel & Tel
7% July
Jan
9%
12
9%
July
Jan
10
—
New
May
25% July
100
Jun
17
15% July
23 %
Jun
5%
Jan
3%
32 V*
32%
,1%
Pyle-National Co common
11%
ll7/a
3%
July
13% Aug
~*
3Va
$5 prior
12
100
100
5
1st
35
38
i
England Power Associates
preferred
4%
10%
1st
7%
2% July
•
New
117%
121%
13%
28
Lines common
National City
Jan
1%
38
*
50c
National Fuel Gas
*
National Mfg & Stores common
*
National Refining common
•
National Rubber Machinery
•
National Steel Car Ltd
*
National Sugar Refining
•
National Tea 5Ya% preferred
10
National Transit
12.50
National Tunnel & Mines common
1
National Union Radio
30o
Navarro Oil Co
*
Nebraska Power 7% preferred
100
Nehi Corp 1st pfd
•
Nelson
(Herman) Corp
5
Neptune Meter class A
•
Nestle Le Mur Co class A
'
National Candy Co
13 %
Jan
&
6%
14%
50
Sep
95
3%
35
25
preferred
7 To
Jan
10%
400
common
preferred
preferred
Puget Sound Power & Light-
Sep
18
200
2%
2%
2%
55%
250
4%
Prentice-Hall Inc common
Pressed Metals of America—
Producers Corp of Nevada
Prosperity Co class B.
Providence Gas
Public Service of Colorado—
4,200
18
18
•
1
•
Corp
National Bellas Hess common
690
11%
——
64
__
-
Jan
11%
13%
100
17%
136% July
Jun
63
62
116
Alexander
Power Corp of Canada
Pratt & Lambert Co
Premier Gold Mining
Powdrell
Sep
Apr
127
17 %
22%
Feb
Jun
42% Aug
Apr
11
Polaris Mining Co
6% July
Jan
5%
18
Sep
1.000
9%
60%
Jun
2
1% Jan
2,100
3 Va
Jan
common
Pneumatic Scale
1%
N
Nachman
Inc
Sep
7
37 %
~
Plough
2%
8%
8
High
Low
9,000
3%
2%
3
8%
Postage Meter—
Pitts Bess & L E RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical.
Pittsburgh Plate Glass
Pleasant Valley Wine Co
2% Aug
Feb
7
-':V
com
Pitney-Bowes
4% Aug
165
40
173 % 174
2 Va
•
100
Muskegon Piston Ring
Muskogee
3% V:
5o
10
•
100
•
Copper common
Producers
:
8%
2%
Molybdenum Corp
1
Monogram Pictures common..
1
Monroe Loan Society A
1
Montana Dakota Utilities
10
Montgomery Ward A
*
Montreal Light Heat St Power
•
Moody investors partic pfd
•
Mortgage Bank of Columbia—
Name changed to Banco de los Andes
3%
500
Range since January 1
Shares
Hiah
Low
High
9%
9
for Week
of Prices
Range since January 1
Low
Sales
Range
Last
Sale Price
High
Low
Par
Week's
Friday
Curb Exchange
York
New
Shares
of Prices
Sale Price
Mountain City
SEPTEMBER 22
STOCKS
Friday
STOCKS
WEEK ENDING
FOR
1319
FINANCIAL CHRONICLE
Jan
5%
Jun
8%
Jan
9% Mar
5%
Apr
Jan
40
6% July
9% Aug
July
13
9%
45
Sep
Jan
% Mar
1% July
Feb
1% July
3% May
5Va Jury
1/4
2%
Jan
ft Feb
4Va Ju!.?
1%
Apr
THE COMMERCIAL & FINANCIAL CHRONICLE
1320
Monday, September 25, 1944
NEW YORK CURB EXCHANGE
v
ft
STOCKS
York
New
T.»«t
Exchange
Curb
fVeek'e
rt
Low
f«r
preferred
Standard Dredging Corp common
$1.60 convertible preferred
Convertible
Oil
Standard
pfd
(Ohio)— 5%
Power &
Light
Common class B_
Products
Tune
■
93 ft
54
2,300'
ft
500
2%
2,900
2ft
13%
600
A .A:
par
Co
.
Heating
•
Inc
&
iim
Wolverine
Woodley
(F W)
American
£
..'fr.
9ft
6%
1st preferred
50
43 ft
Janft.
52
20
12
Jan
15 ft
Inc
Stetson
(J Bi
«*»'nne*
t
Stroock
Sun
Co common
Hugo i
2%..
13 ft
Machinery
Cement
10%
Jun
2%
500
7
Apr
Jun
14'A May
Jan
2ft
Jan
6
Jan
7%
July
6 Vs
111 '
Apr
,
Jan
'
A
•
Feb,;
21
ft
50
3iV
800
17
12% Jan
•
13
17ft
15ft
Aug
9ft Apr
...15
_
11
V-V ]•'
V".' i
1
American
14ft July
22 ft Aug
May
Curb
;
'
Exchange
-
3ft
2fts
3,400
lift July
4ft July
%
s
f
s
3fts
f
Co.—
debs
Amer
Writing
Paper
1961
Elec
6s
3 ft»—
Pow
j-j
J-D
1970
Texas
1
—
5ft
•
"26
•
Power Si
Light 1%
pfd
*
1
Shovtl
Thew
Tllo
Co
Roofing
Tishman
Tobacco
Exports
Amer
Edison
7%
6%
lift /:
1,300
7 ft
50
10Va
900
19 ft
6ft
A'UA
Jan
■
Apr.,
May
lift July
9ft July
deb
5'As
deb
25% "3 25 ft
26'A
F-A
26 ft
26%
ft
26'A
?
26 ft
'
"ift
V
Jun
3%
Feb
100
A—:.VV-
K
•.
60
58
Jan
4ft
9ft Feb
ift Jan
'
•
mm
,
71
77 '
V
600
58
■
Feb
XlOBft
20
106
July
Xll3ft xll3V4
10
113
Apr
X108
'
80
July
3%
3V2
21
1
1*2
\f,-:
.III
7%
...*
12ft
800
——1964
400
A'"
—
"7 ft
1
Realization
Corp
Unexcelled Manufacturing
Union
of
Gas
..
M
5s
series
series
Bethlehem
4
:
10
lft Aug
4% July
24ft Jun
Mar
July
•'
9ft July
,13ft July
Jan
ft
Jan.
j-d
1957
B
United
$3
Aircraft
10
4ft
Chemicals
&
cum
United
$5
„100
Products
5ft
700
2ft
Canaaa
Cigar-Whelan
200
A; 2ft
Jan
4ft
>
1,300.
Stores
•mm
.ft
*•
United Milk
$3
Amer
Molasses
Co
United
10 %
•
Protit
Sharing
2,300
ft
Feo
ft
200
ft Jan
ft Jan
Graphite
common
Wall
Reclaiming
Paper
ft
Pictures
Products
1
Co_
Utah Power & Light $7
Utah R°dio Products
Utility Equities
preferred
•
J
ft'ft
6ft July
265
July
42
Jun
45 ft
Aug
10 %
ft
Feb
•
10 ft
2,300
4% Mar
1,700.
5ft
Jan
8
9
4
113%
119
1962
a-0
—1968
M-a
2fts
1970
Power
5s
V
'
,.v
"l
Feb
11
400
■
86 ft
3ft
3ft
"ft
4ya
3ft
ft Apr
78ft Jan
225
J-J
4ft
1,100
.
2ft
ft lft
Jan
Vtf
Apr
2%
Jan
r-
31,300
-
.12
12%
12ft
4 ft.
91ft
'«'■
Jun
J
Jan
4ft July
2% Aug
-■<
it/,? lit
4%
Sep
Sep
Feb
14 ft May
7
Jan
lft
300
...600
Jan
13ft July
4% July
22% Aug
20
•"
20
■
19ft
2ft
2ft
56
55
56
18 ft
20 ft
Jan
26
28 ft
Jan
225
51ft
Jan
7ft
800
lft
lft
100
lft
82 ft
150
74 ft
82
61
$4
Vogt
common
convertiDle
Feb
Jan
83 ft
Jun
3
2ft
45
43 ft
trusTctfs
Class B
100
3% July
Feb
lift
Feb
15ft July
200
4% Aug
7ft
Feb
98 ft
ft..:, 10
94 ft
May
11% July
98ft Aug
20
400
Manufacturing
__
'
Utility t6 preferred
& Coke__
Western Air Lines Inc
Western Maryland
Ry 7%
Western Tablet Si
-.1.28
Wichita, River Oil
Corp
24 ft
5
30
8ft
26
1321.
8%
10
:
ft
112
20
700
600
«
40
3ft
108
.
20Va
Feb
2ft July
Jan
25
Jan,
111ft July
10% July
Jan
7ft
Apr
84
Aug
5% July
Apr
5ft
Jun
lift Aug
11
1
Jan
138
23 ft
100
18ft Mar
24
26
ft
26
20
page
15
Jan
225
23
Jan
50
16
Jan
20ft' Aug
8ft
23
12 ft
lft
100
1,300
112
com
"
.
5ft
10 ft
lst'pfd
14ft
200
110ft 110ft
8%
Stationery
Westmoreland Coal
Westmoreland Ine_
Weyenbere Shoe Mfg
2ft
,24ft
"""4^1*118
Coal
see
May
10ft
98 ft
2%
Jan
11
8
Feb
12
-
20
12 ft
5,400
37:
V
'54ft
100 ft
98
;,
.
a
54
36 ft
.
40
65
j-d
A-O
;
62
v66%
102% 102 ft
*104 % 106
;
295
V-2
:<•
62
-
79
101%
104
ft
105
104
102 ft
"3
1950
f-a
103%
103*% 103 ft
128
98ft
1958
A-O
102 ft.
102 ft 103
12
:v97%
104 ft
5s
1969
A-O
103 ft
103 ft 104 ft
21
98 ft
104%
El
Gas
series
ref
1st
Jan
Lt
&
Pr
1966:
M-a
.1971
3s
P
ser
,102%
.
.
99ft
J-D
1969
ref mtge 2%s ser Q
Consolidated Gas (Bait City)—
Gen mtge 4fts
*108
j-d
ftl978
110ft
t; iv
104
Cuban
5s
a-o
—1958
Tobacco 5s
•'
f-a "
Power
Elmira
&
Empire
&
104
V
125
119
General
Pub
Serv
101
f-a :
104
5fts
1954
5s
M-N
1953
j-j
Alden
Coal
4s
(Adolf)
Grand Trunk
West
Great
Nor
Green
Mountain
1950
4s
6s, series
101%
11953
103
65
101
7
100ft
104
102 ft
101%
92
98 ft
106 ft
*67
104%
103
108 ft
103 ft
72
107ft
102'A
103
*105
113
101
103 ft 103 ft
*98
103%
103 ft
100
102 Va
64 ft
75
106ft
109ft
111
105
'
105
ft
Jan 1949
a-o
*103 ft 105
102
Jan
1949
a-o
*104
102
1953
a-o
—1957
M-S
•
Light Corp—
1st & ref
6s series A
1st
5fts series
Hydro-Elec
Indiana
Service
B
5s
5s
*104 ft
1950
5s
102 ft
104ft
31
102ft
93
21
/
*108% 108%
106 ft
104ft
93ft
U
100ft 101
m-n
107ft
103%
102ft
100 ft 102 ft
F-A
.1970
'
*102 ft 103%
j-j
1963
Indianapolis P & L 3fts
—
105 Va 105 ft
M-N
1—1958
'
& ref
106ft
97%
*106'A 109
j-d
102%
viir*
••
*105
:
j-j
1968
2
100ft
,101
j-d
—1^58
ser A
&
Indiana
1st lien
106 ft
*112ft 114
j-d
B
Power
& ref
124'/a
103ft 103ft
f-a
1963
6s
104 ft
123
'"/f-—~,'V
t,:
103 ft
1950
3ft
Si Pwr 3fts
Hygrade Food 6s
Illinois
"
j-/
stpd
West
Si
101%
*102
v
M-S
5s
Grocery Store Prod 6s
Lt
93 ft
53
.100
•
M-S
^
1941
Pow
Power
Guantanamo
■
til
!i
j-d '
—1965
4fts series A
100
135
104ft 104ft
100ft
W
——1978
;
104ft
ft
103% 104 ft
* 124'/a 126
a-o
AGeneral Rayon Co 6s ser A_—1948
§AGobel
90
102
1959
5s
99
M-S
A
Georgia Power Si Light
61
46
103 ft 104 ft
100 ft 101 ft
M-S
1952
3%s
Power
AT-S
f
99ft 100
—1956
5s
Federal Water Service
Gatineau
1956
2030
A
RR bs
El
District
ser
Light 5s
Water Lt
104 Vs
•
j-d
108
'*
"
;
102%
*121% 123
1944
Eastern Gas & Fuel 4s
Electric
-
,111
105ft
104
\ 104
"Vii
1954
109
*106% 107 ft
J-J
'
Continental Gas & El
104ft
106
(Bait)—
N
mtge
1st
101ft
106ft
109
{International Power Sec—
Abfts
A7s
'
(Dec
(Aug
series
A7s
1
—1958
1941
1941
34
38 ft '
34
39 ft
8
40
40
2
*39
1952
5s
40
1957
coupon)
F
Power
Debenture
34
F-A
1957
(July 1941 coupon)—
Interstate
j-d
1955
coup)
E
series
A7s
i
C
series
A6fts
A7s
J-J
41%
39
39
35
35
93%
25 :.r
10
39 ft
25
41%
23
"4
-:A
v;
96
J-J
92 ft
93 ft ;•
39
88
j-j
66%
68
13
60
j-j
39
40
—1965
M-a-
-
3fts—.1966
r
.
—2022
j-d
r-.'vi
.
'
M-S
121
77 ft
28%
40
31
106 ft
109
106ft
107 ft 107 ft
121
-
107 ft
~1
120
122 ft
3
110ft
112ft
6
' 110ft 110%
ti
-
ft
3
vilOSVi 108%--
-
j-j
Light 3fts———1969
Kentucky Utilities 4s
1
1970
"
41ft
37 >A
1983
6s
>
22 ft
1952
Superpower
34 ft
25
1
1957
—
6s
42
21'A
~
,
40
35
1952
Kansas Power &
Lake Superior Dist Pow 3fts
McCora Radiator Si Mfg—
4s
A
M~ii« '
5s
6s
stamped
Metropolitan Edison
20
8
A
107
109'A
106
108 ft ^
Apr
8 '
700
July
8ft
12ft
48 ft
10%
98 ft
•
'
Wayne Knitting
footnotes
Feb
Jan
3
ext.."
preferred
Va
27
»
.
Waitt & Bond class
A—__
Wentworth
lft
90
lift
Wagner Baking voting
West Texas
1,800
9ft
W
Co..
1952
Kansas Gas & Electric 6s
3ft
46
8%
Manufacturing
Waco Aircraft
7%
1
;
5s
Kansas Electric Power
1
H
?*I00ft. 101
i—1955
Jersey Cent Pow & Lt 3fts
5
preferred.
Petroleum
—1927
B
Servtce
3fts
Feb
8% July
2% July
1
,(
51
51
;T
49
101% 103 Va
99 7% 103 ft
105 ft, 107
5s
3ft July
Jan
4
7%
1
series
Consol
July
2ft
34
deb
Mar
Jan
1,000
2 ft1
Feb
2.100
20 ft
•V
104%
Debenture
Jun
'•?.
•
r.
■■
25
107
48
»
M-s
•
ft'
100% 101
% 107
v
150
101ft
8
Debenture
*
.12.900
»
July
July
lft
,102 ft 103
102 ft i
101 ft
j-d '
1954
:
,101ft 101ft
Af-N
—1964
120%
108
150
*107 ft ill
J-D
1953
Gas 3fts
El Si
115ft
'
105 ft
180
-
Houston
y
Venezuelan
109
J113% 114%
j-j
Altallan
Valspar Corp
107
*155
Sep
31/3
•
10c
$5.50 priority stock
110
1119 ft 120 ft
A5fts
Glen
Feb
Jun
50
43
.
85%
1
common
Jun
Apr
1% Aug
7ft Aug
77% July
"I
i
_
•
5
39ft
93
Jan
10
common
63% Mar
,
Apr
69
4ft
Sugar
Jun
Feb
4
__
•
Insurance
Universal
33'A
.90
.
ftftft'
6% ft 7
•
Utah-Idaho
•—
1,500
9ft
6ft
2
B
Universal
50ft
Jan
1,375
10
Universal Cooler class A
Class
ft Jun
2,300
A J-
—
•
50c
Consolidated Oil
Universal
;
72
43
io
1
United Stores common
121ft
71
.
•
-
May
6ft Mar
•
warrants
Feb
18 > July
3
Mar
,
"lft "lft
72
5
Securities
Radiator common
Universal
xll4
__
3
,rrr
lft
25
B
1st preferred with
Rubber
60 ft
tbfif-
25
and International
United
ft Mar
Jun
32
Feb
Apr
263
1
S
Sep
®>h*I Hftft-
1
S
32
10
Foil Co class
29
29
97 ft
q-f
Jun
,
25o
common
U S
S
16,600
ft
ft ft
"
Preferred
S
1,250
ft
ft
59
-ft,*,
United Specialties common
$5
115ft
115
95
18%
ft May
lft
100
Machinery
2% Mar
1,600
&
dep rets ord regis
Shoe
lft Feb ,V ;
80ft Jan
V
17
Sep
11,400
.
"lft
60
"ft;
preferred
United
/V
"lft
A
-
preferred-,.,.-,.—'•'.1 "II
United NJ RR & Canal
A 65 ft Aug
110
115ft
•
Ltd—
Jan
800
lft
•
Products
participating
Jan
59
'i
16
1
•
22 ft
22%
85 ft
'-••I:r
Af-N
M-S
Sep
89 ft
32
.
—
31
498
Central States Pr & Lt 5fts stpd—1953
Jun
17ft
: A
ft;
preferred
'*
11% Aug
25 ft Aug
-•
*
.
United Light & Power common A
Common class B
United
12,700
- ■
Jun
14ft
-
100
'
7 Va
68ft
t;
May
Va
Feb
17 ft
17ft
warrants
1st
1
"lft
7
7%
ft 86 ft
20
United Gas Corp common
1st $7 preferred non-voting
$6
66<
<
1,800
..
1%
United
Option
10 ft
-
•
corp warrants
United Elastic Corp
"
'
9ft
24% *24ft
10c
Prior preferred
29 ft
j-d
SACentral States Electric 5s———1948
ft
5% July
3'/a July
4Va Aug
5% Feb
■
—
10
•
.1
29 ft
86
L
1
29
23
;23
►
1960
Northern
111
Conv
Jan
2%
4%
•
participating pfd
preferred
i, '
1
common
78 '
t
1998
—
Edison
Boston
Central
Cities
5
__
United
>35 '
97ft
*108
"ft—"
23
.
6s
C
Steel
Birmingham Electric 4fts
,
-
2ft
__
Canada
Union Stk Yds of Omaha.;.
96
95
79%
-ft-
Telephone of Canada—
1st
5s
,
Jan
rn Mar A ,<t.: lft
10 ft
X 9ft Mar,,
100
■ft
6s
10c
Co
ft
*25ft
:
97ft;
u-s
1947
Bickford's Inc Gfts
■:
'i-i
300
12 ft-
Jan
3 v May
18 Va
JanV|
700
warrants
Feb
U
Ulen
y ?5.V- .r.-.'j„
106
F.)—
(B.
without
JAChicago Rys 5s ctfs—
Cincinnati St Ry 5fts A
Udyllte Corp
■3: 25
f-a
US
115
:.
'
X
1
•'A
V
3%,
21
20%
....
U
••
m.' 0"
...i
preferred
25%
a-o
1977
1955
109ft
^
...•
convertible
-•
128
V
;
103 Va
Jun
12% July
lft July
'
77
...l
80c
91'A
••'
109 ft
107%
69
26ft
c
101%
124
".7
91%
City Elec 3'As.
Atlantic
15
128
91ft
5'As A
T deb
109 ft
104%
99
-
103 Vs 103 Va
J-J
1950
5s
A Conv
Assoc T &
1
*25ft
K V.V
M-8
-...1949
...
-i
109'A
$126
103 '/a
>•
.1948
4'As
109
109
■
:.
Co—
A Conv deb 5s
A Debenture
'
t
J-J
1953
....
Elec
&
4'As
106%
101 ft
37
101ft 101%
*100 ft 1011A
A-O
-
"
A Conv
X23 ft Mar
,
4'As
Gas
deb
Avery & Sons
57 ft
"
..10
Tung-Sot Lamp Works
A Conv
6% July
12% Sep
Feb
Elec
lAssociated
Bell
:
Tonopah Mining of Nevada
Traps Lux Corp
warrants-.—
119
,
Jan.
•
"100
Inc
Mar
21ft
"4 ft
■
....
Transwestern Oil Co
Trunz
Jan
6
900
;•
Associated
Sep
Sep
24% July
5s
106 A, 108%
*109'A HOV2
'
100
Tri-Continental
114ft
6Va
1
...*
preferred
ft
10
__
preferred
6ft
26 ft
Jan
21ft
lift
10
•
Shipyards Corp
Toledo
"
•
Security Trust Co Ltd—
dep rets ord regis
dep recs def reg
Amer
6
...l
Stocks
Jan
Feb
12
11
a
_
Realty & Construction
Product
Tobacco
6
.....1
Si Allied
Tobacco
Todd
common
Inc
5
23%
600
7,000
'
2
Textron Inc
A
300
26
23 ft
I160
Texon Oil & Land Co
5%
25%
21ft
^3
common
1956
Lt
&
105
•
101 ft
J-J
2024
Pr
High
102 ft
*107 ft 108'A
m-s
2016
6s
Low
/,
103%
*103
j-j
1970
,
deb
Lt
&
Appalachian Pow deb 6s
Taggart Corp common
Tampa Electric Co common..
j-j
"January 1
No.
ft
.
Range Since
Sold
Mffih
•;
1950
Bonds
Friday's
or
Sale Price Bid & Asked
Lota
deos
Pow
Week's Range
■'
Last
.
\S
debs
Amer
May
-jl' ■!
".V
1'
Gas & Electric
f
s
3 ft 8
Sep
Apr
l
Appalachian
Technicolor Inc
Friday
Interest
'
3ft Aug
.
lift Aug
York
Period
16 ft July
...
Feb;
BONDS
New
Arkansas
For
10%
'
■
12
?
Jun
3ft Jan
St
Sep
1
Superior Port Cement class B com
Swan Finch Oil Corp
West
10
-
receipts
Wright Hargreaves Ltd
-A-'
—
1
Ltd
110
-a v
?
;
Feb
5ft
iA? '
6% Aug
Jan
3
^
'
+,
—
;
10
deposit
July
6
1,000
13
20%
12
300
2ft-
13
9,-;.. Jan
3% Jan
lft Jan
ft
100
3.000
13fti5
2ft
13
21
Ray Drug Co
400
5ft
2ft
.
13 ft
*
common
lift
5'A
2ft
•
———0
Corp
(S) & Co
ttullivan
lift
1
1
—1
Sterling Brewers Inc
U
'
mm
14 ft July
Jan
Aug
Sterling
U
400
10
mm
High
Low
5%
Sep
Apr
2d
preferred
Sterling Aluminum Products
U
5ft
;•
58j/2 Aug
15ft Jun
Jan
5%
U
Range since January 1
High
8%
pfd._100
Petroleum
Woolworth
Shares
«■»••
•
Light l°h
Portland
,
tor Week
1
common B
Power
Low
•
Sales
Range
of Prices
Mar
ft July
Feb
Week's
Last
i
2ft July
3ft Aug
Jan
4 5
Products
ft July
Apr
-to
&
C)
Winnipeg Elec
Aug
13 ft' July
Va May
50
ft
8
Friday
Exchange
Oil-O-Matic
Wisconsin
97
53 '/a Mar
15
(R
ft Aug
Jan
1%
Willson
Aug
July
114
Jan
7 ft
8,100
2'A
15
15
1
Sterchi Bros Stores
19 *
Jan
i3o
"2%
•
& Co common
(A)
3ft Aug
20
Jan
Steel Co of Canada
Stein
Aug
Jan
<%
650
12
ft
Williams
Jan
108 ft
2ft
1
1
26
ft Apr
I
88
Curb
'•
Williams
Feb
700
ft
11
(The; Corp voting trust ctfs._1
•
Starrett
2
17%
50
%
1
B
class
1,200
1,800
111
York
Sale Price
15 ft May
Jan
18'A
•
_—-—
Co
Standard SJver Lead
Standard
3ft
110
22
Hign
Jan
v. 16,:
93 ft
Standard
6
550
18 ft
18 ft
SEPTEMBER
STOCKS
1,500
25 ft
3
1
18%
ENDING
Range since January 1
Low
12ft
24%
WEEK
New
Shares
Hlg*
12 ft
24 ft
10
100
1
(Ky)
Standard Oil
Standard
12 Va
1
10
1
20
Standard Cap & Seal common
FOR
for Week
Range
of Prices
Sale Price
RANGE
6ale»
,
.
July
Sep
<28 ft
May
Aug
ft
Sep
series
1968
>
;
-i
5s—
Nebraska
6s
New
Power
series
4fts—
A
Gas
New
New
deb
—1981
'•«
•
'>• "
<r
104 -A-
•
•i
110
105ft
110ft
„
100% 100%63ft-
100'; 103 ft
:
64%;;
108ft
102%
106
104%
108
102%
r
'
F-A
104% "J
101-
__
j-d
*106
101ft-
j-j
83
:'U
j-d
r -
v-i
England Power 3fts_
England Power Assn 5s
Debenture 5fts
19611
.1948
1954
m-n
j-d
t•
__
102ft
103
120
113
110ft
65
72ft
88%
83 Va
.
m-n
; a-o
111
116
10
84ft—.-
-
101ft
108 \
'110ft 110ft
-
83%
100%
107
i.*; ; A; 118--418-^
m-s
1948
1——1950
69 ft
106%
83ft-
15
72 ft
88%
82%
83%'?
28
72 ft
88%
1
5sj
62 ft
107V2 107 ft-r
;102% 102ft V
'105
105 % ri-
.
m-S
11947'
104ft
103%
106"
j-j
.
99ft
104%-^
106
-
j-d
1948
1
m-s
j-d
2022
5s
New Eng Gas Si El Assn 5s
5s
Conv
-1943
—
Amsterdam
-
1957
Ltg 5s_
106
'
a-o
1963
1967
—.—
'•
rH.
~-
-
107%tr-
*104 '
j-j
■
.——1978 ;
1955
Mississippi P & L 5s
Nassau & Suffolk
JK-N
1943
-
*103
I
AF-lt
1965
s
*105
.■&
•
G
Midland Valley RR—
Extended at 4% to
ref
F A
JL.
1971
E
Milwaukee Gas Light 4fts
Minnesota P & L 4fts
&
107ft 107ft-
•a-o
——1948
4s
Middle States Petrol 6ft
1st
j-j
107ft 108
—
101% 102%' "
7102 V2 103
-
12
107
110
46
95ft
102%
42
97ft
104
.
'
(
.
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Number 4319
160
Volume
EXCHANGE
NEW YORK CURB
•
ENDING SEPTEMBER »:>
RANGE FOR WEEK
Last
Interest
Exchange
Sale Price Bid &
Period
&
Y
v
5s
1945
1
1st mtge 3%s_
Ogden Gas 1st
Power
Public Service As
Ohio
i
5s
Oklahoma Power & Water
5s
1st
103%
107'a
;
7-.. 77)77 7
J-J
M-N
,
108
105%
107%
109 »/3
102
104 'A
103%
;
-2
3
102
105'A
v
13
i v7r 8
55'/4
$106
J-D
$107'/4 108 7;
J- J
107'%
i
105'A
109%
-;i
106
108
108 %
$107% 108
—-
107'A
$107
7 ■
103% 104 %
P-A
113% 114'A
2022
Af-N
116
dibs
1954
M-S
Elec 4s
1951
J-D
$106
1964
J-D
2030
1960
A-O
108
J-D
117% 117%
__
117
4
Traction
6s
5s
Co bs stpd
A Stamped 5s
Rys
*
115%
5
113'A
1
111% 116%
i
24'A ' 45%
76
40'/a
105
108
109
108%
110'A
105 »A
109%
"
114'% 118
85 $
94'A
97'A
$99% 100
J-D
96%
100
$99% 100
.
J-D
1947
33
111
94'A
1959
1937
debentures
f
s
conv
lAYorx
*'»]'
116
39
40'/a
Newspaper Union—"
Western
107'/a
Electric 5s
Penn
104
$109% 109%
series A
6s
income
Penn
West
102
102
'109%
102% 106%
,1
108
Water Power 3'As__
West
'
108
A-O
A-O
1959
Hiah
96%
14
.
111
& Light Co--
Ry &
Wash
7
108
106
7
108% 108%
108%
Af-S 7
A 5s
Wash
(
Low
No.
.96%
$110
Waldorf-Astoria Hotel—
104%
W—
■V
101%
January 1
Sold
Hiah
101% 101%
J-D
Co—
cons
Debenture
;
106%
107
3f-N
F-A
1949
4s
& Power
5'As
&
Utah Power
:
55%
40
7
8
106'/4 107
■
110
105'A
55'%
7
J
J-D
(Delaware) 5'As_1952
United Light & Railways (Maine)—
:
6s series A
I
1952
i
104%
102%
3
103'A 103%
103'A
P-A
1952
United Lt & Rys
$105 'A 106 %
106'/4 106 %
102
Light
N
Electric
1st lien
95'/a
82
.
Umtea
United
16
88%
I 103 v,
109'/4 109%
F-A
1962
Rapid Transit 6s
i
$102
109%
:
P-A
v
111
Transit 5y2S
City Rapid
Twin
108%
7:
104
87'A
A-O
Pennsylvania Water & Power 3%s_1964
>
3%s
—1970
Philadelphia Elec Power 5'As
1972
; Philadelphia
7
M-N
1955
1964
1977
1979
5s
Park Lexington 1st mtge 3s__
Penn Central Lt & Pwr 4%s
& Light
Power
Pacific
Vno2
88%
A-0
1968
1971
1962
1948
3s
mtge
1st
1948
High
Range Since
Bonds
Friday's
or
Sale Price Bid & Asked
Low
7,:-6,;:
108% 109
__
iftj-j
(8% redeemed)
5'As series A
7
.
J.J
2004
Continental Utility Corp—
North
Ohio
flf-N
1964
Elec & Gas 3%s
Westchester Ltg 4s
Y State
No.
Low
Period
1
January
Hiah
Low
N
Sold
Asked
Last
Interest
Exchange
Curb
York
New
Range Since
Bonds
Friday's
or
Week's Range
Friday
BONDS
Week's Range
Friday
BONDS
York Curb
New
1
1321
96%
100'A
'
Coke Co—
5s stamped extended
Potomac Edison 5s E
Portland Gas &
4'As B
Public Service Co of Colorado—
1st mtge 3'/2s
Sinking fund deb 4s
—.
Public Service of New Jersey—
6%
perpetual certificates
7
(Can)
Corp
Power
Joaquin Lt & Pwr 6s 3—
ASchulte Real Estate 6s—
San
mtge 3s__
Water & Pwr 4'As
series D
Scullin Steel lnc
Shawinigan
4As
1st
J-D
105=!
.
'104
J-D
107
Af-S
126'A
'
6s—*.—~1$4?
Coal
ACauca
-
Indiana Rys 4s—
Southern
Southwestern Gas & Elec
3%£
P & L Ss—
Southwestern
8s
Debenture
6s_—:—
Debenture
(Hugo) Corp—
;
stamped
—
..7 ACertificates of deposit..
Stinnes (Hugo) Industries—
7-4s 2nd stamped—,
Texas
Tide
Power 5s
Edison 3'As
Water
Toledo
:
7
7"'
95,
95
Low
'
86%
®
94%
94'%
5 30
M-N
$70
F- A
J-D
7 94%
95%
f- A
94%
V
95%
F-A
91%
83%
|
;'• 49%
7
77;
99%
86%
99%
83
60
82
$21
19%; 21
37
98%
106
106
'
f-A
106% "
/••A;
7.
29%
53
"19 -7. '45
|
$40'A
"$40'A
A-0
J-D
.1972
J-D
M-a
.1959
j-j
Denmark 5s
Janeiro
de
A Rio
7s
6'As
(State)
'
ft'fti ft
j
105 7
108%
117%
■
7 7 5
101%
zz i l
107
111
7
40
'.'16r-.IV/*
58
40'A'
39
2' "
39
•
,,'.79'/a
41%
33
'
v
43'A
6%
6%
73
3%
8%
6 "4
J-J
6'%
15
3%
8%
'
1
34
Odd-lot sale, n Under-the-rule gale.
h
••« < .
current week. >
'*i' ' V
" ' * tr*
{Reported In receivership.
'1 " . 7 •
>
**
"
- s1 *'
- •' "■
) n
Abbreviations used above—"cod." certificates -of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;
"wl," when Issued; "w w," with warrants; "xw," without warrants.
• , , ...
value, a Deferred delivery sale.., d Ex-interest, e
sale., x Ex-dividend.
:7;.7.7 ;
$Friday's bid and asked prices; no sales being transacted during
A Bonds being traded flat.
/
■:.■'
'
'
%
vV
Cash
r
•
■
.
OTHER STOCK EXCHANGES
WEEK ENDING
FOR
RANGE
37
36 *
•:
•No par
'J 1047% 106%
227-
W7
/ :*.:■ 7-V;7«
W;*
20
-
41%
20%
33%
'
40'/2
6%
J-D
.1921
46
?U,:c;:K18:;V;32r.
'
"
.1919
6y2S
Government
A Russian
22
r.v 34%
$75
.1958
17:
"
7
—
.
$16
6s-
.1931
57v.''
'
7
7 32
'
20
7.20
103% 104%
,
Af-N
3 3.7
7
18%
$40
777]::
108% 108'A
%..%«,
.1947
7
36
•.,-j_>
J-D
7 18%
M-S
.1947
Mortgage Bank of Chile
A Parana
;
98%
119
105%
$118
•;>.
i: •IV
98%
86%
4
106% 107
M-N
j-j
86%
77,"
7*35
j-j
85
ft
A-0
M-N
Oct. 19271—1
Mortgage Bank of
j
43
t3e
J-J
stamped
7s
(issue of
A 7s
?■
86%
a
..
ft.
I
82
79
—
j-j
i
";48
7/7777
3-3
99%
77
%
30
$70
.1951
AMedellin
86%
95%
94%
94%
A-O
94'A
' '2
,
62
.1958
7s
Mortgage Bank of Bogota—
A7s (issue of May 1927)
55
,7 77
55
pi 6%
83
AExternal 6%s stamped
.1958
City (Peru) 6'As stamped.
104%
134
95%
77 94%
62
54
r/yvf"'.
J-D
ALima
AMaranho
57
96'%
94%
High
1
51'A
$61
30
Danzig Port & Waterways—
108%
23
'
Low
"••'S3
:
64
$61
J-J
.1953
:
106'A
77. 96'A
95
1960
1956
2022
1979
-.1968
A
series
6s
105'A
5s
Extended
■i 101'/a
89%
89%
f-A
-1946
Service 5s
Powei & Light 5s
103%
83 - ;
A-O
—
Electric
81'A
7
89%
A-O
1946
High
No.'
.1955
5'As
Danish
A
Stinnes
Texas
109
$107
108'A
101% 101%
u-n
1957
-~1950
A7-4s 3d
p
January 1
Sold
.1952
Af-S
1957
gold debentures
-Standard Power & Light 6s
AStarrett Corp lnc 5s
107
-3 .%•
•
-
105'/4
$105
F- A
1948
6s
107% 107%
F-A
1951
Dec 1 1966
t
106%
31
..
1948
v
*
106'%
104
$7; 72%
106%
3-3
1989
Spalding (A G) deb 5s—
Standard Gas & Electric-- ,
"
6s
(stamped)May
Conv 6s stamped—
1—May
105
106
106
A-0
1971
1951
1970
2022
mtge 3s
1st
106
106'/4
7s
7s
(see Mortgage
Valley 7s
Range Since
Bonds
Friday's
or
Bid & Asked
105
104%
v
106
M-S
Week's Range
-
.Last
l-O
April 1946
Jan 1947
Bank of)
1948
20-year
20-year
*
Bogota
108
J-J
Power 5s
1957
Southern California Edison 3s—...1965
Southern California Gas 3%s
1970
Southern Counties Gas (Calif)—
Carolina
South
A
A
105%
105%
.
Sheridan Wyoming
93%
86'%
"i
•
'
$105
J -J
Agricultural Mortgage Bank (Col)—
.
'
V-
7
.
103%
,
■
Sale Price
,
4,7 -103'%
,'7
104% 105
.104% 105
'
Period
73% / 83
%
18$
90%
90'A
A-0
A-0
Interest
Curb Exchange
York
New
126% 128
.
7;'7T-
A-0
Friday
BONDS
■.98% 104'%
7 113
17*'
83
83
•
152
107
v20
126'A 126'A
83
J-D
105%
•vV.6.7,
109'A
Foreign Governments & Municipalities
109
77.:/'7%'77137'A
104%
107
*
99%
106%
v
■
143
102
•"'•*
103'%
7
7-
105'% 105%
142
A-O
1979
1952
1951
1951
1967
1970
111%
92%
'
108% 108%
J-D
1952
,
112
107%
.
97%
97'A
V
M-N
Queens Borough Gas 3t Electric—
5'As series A
Safe Harbor Water 4'As—^
1051%
107% 107%
Af-S
1964
1949
7'77 2
105'% 105'% %
107%
103
1
1051/4
100%
13
103
A-0
1956
1961
1959
.
103
u-s
1950
P
series
4'As
1
103
J-J
tlc\
SEPTEMBER 22
-i:
*
Friday
Baltimore Stock
'
•
Exchange
Week's.^?;
.Friday
Range
'
Arundel Corporation
v
•
100
tc
Preferred v t c
Gas E L &
Consol
5'
V
—
{.*'*'*1
'
7
Finance
145
6% pfd stpd-^L100
6%- pfd vtc——25
New Amsterdam Casualty
—_2
North rAmerican Oil Co—————25c
Water & Power
Penna
8
common—
National
Western
109
May
109
144
145
56
136
July
150
12%
90<
28%
28%
25
25:
55c
24
55
-
165
:
Hathaway Bakeries
Kennecott
66% Jun
Sep
•
38%
r
Jan-
Jan
41
:
Sep
Lamson
(Del)
Corp
Mass
Linotype
7 •7-7
Bonds—
//: '•.:
55'A
517
$27,000
57%
61'A
1975
..—1975
:
A—
series
5s
■'■■■
Transit Co 4s
62 %
V
July
70
—
Narragansett Racing Assn
5
Nash-Kelvinator
England Gas & Elec
preferred —:
New England Tel & Tel
North Butte Mining
Exchange
Range
Last
'■;■••'Z.:7
LoW
'7.';';:777:7'.;;:7: Par
;
American Sugar
American
Refining
Tel & Tel
American Woolen
—
Anaconda Copper
100
—r__100
—
•
50
for Week
45%
—
161
161%
A,
'If—-
7%
<-7
High
'■'.-.High
Low
29
58
46%
7 '•
162
27% Z;
16%
"7.' 49,'A Sep
7 164% July
Feb';
Jan
50
7%' Apr
706
7%;.r
16%
*
1557A
1.782
24% Feb
7:7 9!% Mar
28
.Jlljly
,
.
:
Bird & Son
*
100
25
lnc
Albany RR
Boston
&
Boston
Edison
preferred
5% class A 1st pfd_
7 %
prior
Stamped
class B 1st preferred—
stamped
101 class D 1st preferred—
Boston Personal Prop Trust
&
For
l-I
Range Co
footnotes
7 22%
36%
36%
66%
5
5
page
1327.
66%
'
;
96% Jan
32'A; Jan
It
681
65'% Sep
155
7?
23%
37
2.560
19
315
26
5
5
Jan
37A
,7
;
74%; Mar
24% July
Jan
7
42
150
6
100
3'A
Jan
7%
10
5
15
5
Jan
3G0
12
,
Jan
7%
v
Apr
14%
.8
■'
-
;
Mar
6%
69
13%
13%
40
6%
50
*
*
5
5
-*
25
lnc
Co
Twist Drill
United Drug lnc——
United Fruit Co_—
Torrlngton
Union
United
6 7o
Shoe Machinery common
preferred ——
V
Vermont & Mass Ry
Waldorf System lnc
Warren (S D) Co
Wept.lnehrt'isp
Wichita
100
*
—*
:1T
Electric A; Mfg_
River Oil—
34
12%
740
8%
Jan
50
14%
Jan
16
Jun
16
31%
20
28%
Jun
32%
Jan
109
—
10
•'
8
14%
18%
42%
43'A
85
37%
748
12
12%
180
75c
100
196
13% Aug
15% Aug
8% Jan
v
•
v
13
18%
Jun
7 35%
Jan
.
.
.
Sep
13%
Jan
7%
? 50c
Sep
44
39'A.July
33'A May
Jun
Feb
7,775c
Jun •(
*
l3a
1%
150
17
Jan
32%
250
29%
Jun
4%
1.000
2%
Feb
•
i.
.
150
25 '
100
,60c
Jan
57
57%
120
47'A
Jun
Sep
4%
35
Jan
91c
2'%
7 33% Aug
•
35*
91c
—
•
.
' Sep
■i7;:. .,1% Mar
-
58
Jun
II
Jan
Sep
7
10%
10%
11
102
15
15
16%
291
36
35%
108%
37c '•
7
Jan
7
11'A
-•,17'A July
Feb
135
24%
380
103%
Apr
35c
39c
612
30c
Jan
41% Aug
Feb
108%
35'%
108
109%
Jun
46c
Mar
45c
-
Feb
„
12c
20c
210
10c
Jan
37%
37%
155
25%
Jan
7,40% Jun
28'A
29%
25% Jan
28%
672
31% July
11
10%
11
210
1
.150
12C
1
10%
9%
10%
222
34%
34%
35
575
26%
26%
87%
14%
88%
71%
71'A
71%'
14%
42'A"
7%
1% July
11 % Julv
Apr
r
23'A
Apr
28% July
12%
Feb
17% July
691
'225
70 -
775%' Jan
7
•
Jan
78
' July
42
Jun
*',.45
July
-
:
110; ! Jan
""9
12%
120
10%
Jan
*30%
-240
20'A
Jan
30
100% 102%
12'%
12'%
'255
100
Sep
89 %
69'%
120% 120%
11%
Mar
36
May
32
Mar
12
Jan
% Mar '
20
—
42 'A
120%
9%
85
-
88%
25
Co——i—
106'2 Aug
122"' Aug
12% July
30Sep
91%
Fph
107%
10
Sep
12'%
Sep
62'A
Apr
Jun
8% Mar
7»A July
r
8%
Feb
9'A July
.
14%
Sep
BondsBoston &
Maine RR—
Jnc mtge 4 %
-
.7 %
Fe b
6
May
13
Sep
17% Mar
Jan
7% Aug
5%
2.50
RR—
& Webster
Stone
"
77 6%
6%
■
'% July
8
Jan
4
7
14%
6%
'1
Colony
6'A Mar
Jan
34
—
3 6'A Aug
;■
Jan
7%
'
s^e
;
115% May
7%
14%
»
113
36%
7 16% July
6
6'A
100
100
100
100
5
1C
Hecla^.
Cities-Service
Copper
22%
100
8%
Calumet
oft
100
*
100
Elevated Ry.
Eoston Herald Traveler Corp.
Boston & Maine RR—
Boston
•'
35%
36%
Jan
11%
65
109% 110
1G9%
January 1
:
25%
„
Range since
Shares
of Prices
Sale Price
stocks—
Sales
——*
100
—100
Pacific Mills
—t
—
*
Pennsylvania RR
50
Reece Button Hole Mach—
-* v
Rutland RR 7% pfd———100
Old
Week's
Friday
Assn—
5%%
.
Jun
106%
3%
1
lnc
Sep
4'A
92
30%
>T33
.
-*
—
New
Boston Stock
5
64% July
Jail
59'A ;Jan /:. ?;
1,800
12%
50
V—1
-V-V
43®b
12%
37
—
common
preferred
—L
Util Associates v t
■•■'6%
High
r;-
■
Jan
•777 340
18
42 3«
1.5 t
_x
slhc^ January 1
r
32'A
150
5%
14 3
—
-L
Copper
Mergenthaler
Baltimore
class B
Copper
Roy ale
Isle
Junv
33%
41
38%
-cc.ii
55cj July
Feb
45c
-
41%
4%
75c
1.%L
Razor Co
Gillette Safety
Jan
;26%
Apr-
4iJ.
General Electric
Aug
30'A May
Feb
Low
31%
-*
*
*
*
LL
Stores
National
First
Co
(Wm). Sons
Filene's
Jun
Range
Shares
High
C
i
16
Assoc————-—*
Service
1
Engineers Public
•A'-'itfiy.f.
'J'y.-i
'* for Week
Range
of Prices
Low
105
Stores——————*
Jan
90
'
Aug
:
35
10
37
38%
38%
Bank———.—20
27
300
55
30%
__
/''
♦
90
20
289
55c
55
*
100
:
Grocery
Employers Group
12'% Sep
10% July
61
12%
Economy
May
.,
46'A
43Jan
30
45'A
90
—50 V 37
Fidelitv fit Guar
10
12%
Houston Oil of Texas
rr
109
45'A
12%
—
common——_5
Co of Amer A
Guilford Realty Co
Apr
"i%
Eastern
Mar
69
100
1st pfd series A
—.—100
SS Lines lnc common
*
6%
'''
40%
100
preferred
Mass Street Ry com_
Eastern
Jun
12% Aug
:
109
^ ''''v
1
i
Deposit Co_
20
Fidelity & Guar Fire Corp—_——10
Fidelity &
Apr
64%
45
68'A
2.15
1.00 May
7
Jan
18
Apr
639
955
12
68 %
68'A
—*
100
Power com
C
preferred
4 'fn
12
14'/4
1,353
2.00
1.80
11
W.
Associates—
Gas & Fuel
Eastern
i- 6%
High
Low
16%
16
16
2.00
■——„—-—•
Bait Transit Co common
7/
Range since January 1
High
Low
Par
Par
Shares
of Prices
Bale Price
STOCKS
Sale Price
for Week
■
Last
Last
8TOCKS—
Sales
: Sales
Week's,"
Eastern
.
4%s
6s
% series
Mass Street
series
series
C
A
"A"_—-—1970
Ry—
.
——.—1948
——
..1348
56
103
56
103
112'% 112'%
$1,000
4.000
52%. 7"n
IflT
1"
2.000
'
"
%
J
104'% May
112'%
Sep
1322
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, September 25, 1944
OTHER STOCK EXCHANGES
RANGE
WEEK
FOR
ENDING
SEPTEMBER
Friday
Chicago Stock Exchange
Last
of Prices
Par
Low
High
Low
Allis
Aluminum
Ball
Aetna
Castings
Bearing
<Se
Co
capital
4%
Jan
8
12%
Jan
18
50
33%
Apr
50
156V«
Jan
18
36%
200
300
17
36%
161% 161%
36%
———
Co
100
~6
5
common
7%
7%
1
Chalmers Mfg Co_
American Tel & Tel
Armour
5
common
Perfect Circle (The)
Potter Co (The)
High
"
Advanced
5%
6%
3,100
4%
18%
Pressed
Sep
40% July
7% Mar
Aro
Equipment Corp common
Mfg Co common
Athey Truss Wheel capital
1
22%
3,100
Asbestos
1
1%
1%
800
1
Jan
2
4
7
7 Va
550
4%
Jan
Automatic
7% July
3
3%
3%
350
1%
Feb
4%
4%
2,450
3%
Jan
16%
16%
100
5
15%
15%
50
*
26%
26%
100
20
Jan
14
Washer
Aviation Corp
Barber Co
Barlow
common—,
1
Seelig Mfg A com
Bastian-Blessing Co common
Belden Mfg Co common
Belmont Radio Corp
Bendix Aviation Corp common
Berghoff Brewing Corp—
Bliss & Laughlin Inc common
Eorg-Warner Corp common
Fence
Common
Bruce Co
Butler
~4%
16%
common
&
Brown
1%.
3
(Delaware)
(W H)
21%
\
:
10
15%
•
15%
10%
&
44
350
10%
500
18%
18%
100
16%
39
3 9'/s
500
34% Jan
33%
Jan
46%
Jan
8
11
Jan
20%
common
Preferred
Standard
Jun
Indiana
Stewart-Warner
41% July
Corp
4
5
common——
Brothers
28
4%
27%
10
200
28
11%
11%
160
Swift
Swift
Jan
22
150
99% 100%
5
28
3% Feb
200
July
Sep
12% July
Apr
100% Sep
Jan
capital
Illinois
Central
111
Pub
Secur
Serv
$6
Corp—
pfd
,•
100%
9
*
1
Convertible
preferred
Prior lien
%
50c
pfd
m
*
Preferred
Chain Belt Co
&
Light pfd
Cities Service Co
Aluminum
Co
Steel
Drug
Sep
29% July
64% July
59
59
10
55
Jan
92
63% Aug
92
50
78%
Jan
98
12%
Sep
17% Mar
2% May
Jan
3% Aug
13%
13%
200
4,050
6%
6%
6%
800
31%
30%
31%
130
25%
24%
101
Bros
Inc
Harnischfeger Corp
42
49%
49%
100
5%
5%
300
3%
8
8%
HI
' II'
8
23
*
17%
1
7
-
50
52%
__5
North American Car
common
Northern Illinois
Corp common
Northwest Airlines,
Inc,
-
common
common,
common
preferred
see
page
1327.
Studebaker
Sep
12%
Jan
550
13%
Sep
18 V4
29%
29%
650
27 Va
Jan
31%
Feb
29
29
150
28
Jan
33 %
Jun
Jan
,
6
16
;
Corp
r;
453'a
11%
Sep
Sep
100
12
Jan
163e
34%
35
150
33%
Jun
78%
78%
150
77
Apr
'? '•••(
'
'
31
31
55%
•-
57%
1,500
127% 127%
100
•:
*>'•
127%
•
7%
7%
850
3%
Jan
29%
300
26%
Apr
-•:v5% ^
5%
'5%
750
2%
Jan
11%
11%
1,050
8%
Jan
Aug
12
500
3%
6%
Jan
97%
52%
45
300
17%
50
33%
600
Feb
Sep
Sep
Jun
7%
Jan
38
Apr
5% July
31
IOO
43%
100
300
2,350
1,150
950
17
700
5% Mar
100
46
18
2%
51%
Paper &
700
Feb
12% Aug
243/4
Jan
28
50
56%
Jan
61%
61%
53/8
5%
800
36% x373/a
800
18
12%
12%
36%
36%
Art
_
19%
150
16%
Jan
1,100
11%
Apr
18%
800
15%
Jan
17 % July
21% July
25%
26
350
23%
Feb
29
473/4
48%
150
37%
Jan
51% July
15
Sep
Apr
Apr
15
10%
class
52
50
32%
Jan
46%
300
33%
Jan
200
17% Mar
12%
12%
50
26%
26%
50
21%
200
"•
21
"~ioo
121
121
10%
Apr
Jan
'
51
Sep
58 Va July
19
500
14
' Apr
20 Va July
200
40%
Feb
53% July
t
16%
: i17
750
3%
150
85%
86
100
16
17
600
3%
16
Jan
Sep
50
4
Feb
34%
223/8
Jun
"6
Mar
109
Jan
V 29 Va July
13% Mar
28%
10 Va
11
115
3
300
2%
Feb
3%
268
IOO3/*
Jan
1073/4
Jan
108 V2 May
90
10
Apr
May
103% 104%
103 Va 104%
76
.
99
:
~8%
/
7%
11%
98
8%
Jan
21%
■i
,:
213/8
21%
30
17%
Apr
7%
155
7%
8%
7%
1.312
Jan
39%
5%
9
Mar
Jan
8
3
.35
Jan
45
21
5
30
May
35
Jan
Jan
40
Jun
Aug
25
Sep
45
July
29
39
40
24
25
41
42
68
12
450
103/4
35
*1
'•
ny2 Aug
23% July
45
7%
5
46
/• 35
.
,
24
;
39
Mar
>/
May.;
Sep
Sep
■
13% July
class A—
_____
_
36% July
Jan
21
Jan
26
Aug 'i;
327
52%
Apr
59
July
22%
50
22
Feb
25
20
9
10
Jan
22%
113/4
Rapid
313/4
267
58
22'/a
12
86
38 %
_
505
26
57Va
57%
35%
25%
35
*
39
48
35
Apr
#
Printing
___
_
Preferred
50
38%
Jun
13
Apr
July
41
8% Jan
July
Unlisted—
American
Rolling Mill
—25
14%
14%
14%
168
12
Jan
17% July
21%
21%
217/tt
87
15
Jan
43/8
4%
43/8
120
24% July
5% Mar
60%
62'/a
314
51%
Jan
66
28%
•
29 %
118
28%
Feb
33% July
•
—10
Standard
•
62
3%
Jun
*
Brands
-
'.
'.•
V
•
♦
July
*
0.>
•'
•
■
•''
.
•
T" <••••'•
.,•
••
.«•..
A
,
...•; •
:
Cleveland Stock Exchange
Week's
Friday
Last
'
:
»
■■
»
■:
-
-
V
/.
■'
■
,...
far
Eaton
Electric
•
common
Jaeger
19% May
Lamson
#
&
llVa
11%
21%
79
160
79
365
5%
10
Feb
;■
?
.
,<f.
•'
V*
'
114% 114%
173/8
•
17%
14
14
Jan
12 %
14%
Jan
25 Va
63
Jan
12
111
Apr
_
13 V4
60
10%
Jan
14
85
41
Jan
50
Jun
50
Apr
57
Jan
20%
Jan
25
Jun
53%
105
22
__
22%
11
'/a
a51Va a52Va
Rubber
*
a46%
Anr
19
Lime
Sessions
a 47%
33VT
40
Feb
54%
Jun
111
36%
Feb
50
Jun
31
Feb
34% July
74
*
__
&
Tr
July
Sep
161
•
32%
July
July
85% July
115% Jan
1,576
53 Va
♦
6% July
75
130
"
173/4
High
■
*
_
Machine
&
LOW
63/4
a453/a a46%
Steamship
Kelley Island
Range since January 1
High
21%
•>
..
*
F)
Tire
6%
Shares
*
_
Rubber
Goodyear
Interlake
if
5
Controller
(B
•
_
Bookbinding
Mfg
34% July
4% May
94% Aug
Low
Sales
for Week
»
12%
Faultless
-
5'
pfd
Corp
Range
of Prices
■
Body
Commercial
Goodrich
?
Mfg
46
Sep
20% Mar
Cliffs
V
Sale Price
Cleveland Cliffs Iron preferred
Cleveland Electric 111 $4.50
July
-
July't
45
*
Aug
13% July
38
July
125
v/
Feb
■
0
-.
/
<
-
•
•;;
_
•'
Apr
9
,
7% May
100
Apr
-14
-.»
High
Feb
11 %
City Ice & Fuel
18
Sep
79
100
25%
20
Randall
Jun
28 %
Jan
291
4 Va
8V«
103
3
k
Procter & Gamble—
.
■
22%
3%
Range slnee January 1
Low
31 Va
283^
10%
Sep
Jan
Jan
33%
3%
Sales
Shares
High
4%
Sep
Feb
Jan
33%
3%
Low
30%
*
Kroger
Lunkenheimer
S
of Prices
12
__
Sep
.,
1%
19
24
33%
5
Exchange
Week's
31
12% Aug
24% Aug
16%
95
Ilio
400
!
$
Feb
.
Sep
Sep
120
53%
Mar
July
0
American Coach &
19%
18
12
21% July
32% July
49%
«
Sep
44%
16
for Week
'
51%
19
83/4
200
18%
V'
—t_50
——.
Apr
46%
2,200
'
Jun
48%
19
_
41%
19%
*
500
11
18%
28% Mar
"5
..
A
Akron Brass
1_8
15 %
10%
18%
_
_
Jun
_20
1
20 % May
16 Va
—
48v
Feb
Jan
Jan
19%
*
Jan
Jan
6%
39% July
10% July
17%
i' =*
——
Jan
11%
7
!
66% July
Jun
Apr
15%
;———
1%
14%
Jan
43/4
35
16%
103
Fibre-
—
40%
50
56%
July
71% July
18
8
:
Crank
20
100
50
_
«
Ball
350
150
July
850
100
STOCKS—
46
9
44
17% July
A May
%
Feb
12
I——8
——
51% May
7% July
Feb
16%
50%
36%
9%
18% May
5% Mar
*/„
2%
47% Aug
34
5% Mar
22
34
64
-20
—.
Aug
43%
38 % Mar
7%
11%
16
•
.
May
32% May
13% Jan
16%
15%
■
Jan
16 %
200
61%
1
Sep
Sep
8% July
Mar
22%
42
37%
.
U
4
4% May
27
7% July
8% July
27%
part pfd
Gibson
8% Mar
Jan
32
Jan
Feb
11%
Sale Price
HiltonrDavis preferred
6%
Apr
1%
150
30%
Jan
Jan
200
90
Products
Jun
6% Aug
250
4%
5%
64
Par
Insulation
Hobart
3%
150
1,200
25%
10
Drug
b Daniel———*—
Kahn
47%
Sep
6%
8%
41%
•
;S:
23%
Jan
Early
Jun
30
12
63/4
25
Formica
18%
..J...
7
7%
8
*
Cincinnati Union Stock Yards—.
Jan
h
July
-
•
:
common
8% Aug
19% July
Jan
May
4%
8% July
29% July
•
6% Aug
7%
♦
common
Crosley Corp
13%
97
133
1
common
Cincinnati Street
'450
50
34% Aug
63% July
Jan
29%
1
Cincinnati Gas & Electric preferred_100
C N O & T P—
17%-
20
Apr
•
Churngold
Sep
750
Jan
50%
120
*
———
Champion
Jan
...
23%
Sep
363/4 Aug
82% Jan
5
Preferred
18%
i;
100
13Ta Mar
'
*
common.—
Laundry Mach:
American
Baldwin
10
»
Feb
493,4
100
•
common
■
American
Jan
6%
17% July
100
Last
4%
7
r
16
STOCKS—
10
97%»
900
V
11%
Cincinnati Stock
Dow
Mar
19%
:
453/«
>
common
Corp
Rubber Co
7%.
5%
19%
—
l
A__"""I_io
tmm
100
4
10%
3,200
11%.—-—11
.19%
•
"iqo
class
350
18%
6%
common""I"*
Nor West Util
prior lien pfd
Co (The)
500
400
23
43%
*
10
Jan
16%
*
common^
Jan
1%
Sep
47 % Aug
18% Aug
Jan
13%
17%
2%
commons
National Standard
capital stock—
Noblitt-Sparks Ind Inc capital
37
33%
100
—
70
750
7%
44%
*
preferred
31%
200
15
Jan
11%
-V,
5
& Co com
32%
16
14
27%
16
5
Co
Brands
Cincinnati
300
30
—
1
100
11%
5
«
Miller & Hart Inc—
Common
Jan
7
5
iotf
8
37
♦
*
150
7%
•
"A"
Jun
7
»
Midland
Aug
37
7%
•
United Co conv pfd
Midland Util 6%
prior lien
7%
prior lien
7% preferred A
11 Va
12%
37
*
com
Apr
Jan
7
_7
Jan
8%
52%'
3%
•
19%
9%
6%
52
Jan
150
;'v
7%
6%.
97%
13
July
15% Sep
21% July
200
16
17
6%
*
capital
31%
19% May
34% Jan
45%
2
capital
Standard Oil of N J
U S
9
250
7%
1
Feb
4%
18%
July
13
July
13% Aug
Jan
7
17%
22%
8% Mar
66
Jan
8
150
45
15%
*
common
3% Aug
Jan
I
common
(The)
49% Sep
6
Sep
10%
7%
16
•
Mapes Consol Mfg capital
Marshall Field common
Jan
16
15%
"
.
Incorporated :
Pure Oil Co
Jun
20
4%
10
4%
50
11%
17
4%
100
pfd
2
50
30
Feb
100
8%
12
9%
•
p*
15
X45
1
McQuay-Norris Mfg
footnotes
12
11%
25
B
Jan
Aug
44% Jan
50
15
11%
.
Switch
50
1,100
11%
110%
1
McCord Rad & Mfg class A
B
62 Ye
11%
tbfI i;
'
19%
preferred
Co
8%
61%
'
43
2,850
14
•
Republic Steel Corp common
Sep
Jan
51%
•'
"i!
4—
Apr
80
3%
18 3/4
•
41% Sep
13% July
July
Jan
;.
12% Aug
33%
Friday
49%
15 Va July
3%
1
14% Aug
36% July
Jan
10%
Sep
Jan
Feb
6
32%
5
Radio Corp of America common
14% July
6% Mar
Sep
23
10
Libby McNeill & Llbby common
Lindsay Light & Chemical common
Lynch Corp common
Peabody Coal
29%
38
8%
common
Bancorp
50
50
12
LaSalle Ext Univ common
Parker Pen
33%
39%
Iron
Standard
Jan
500
(new)—
Nachmann Springfilled
National Cylinder Gas
8
350
100
Co
600
13%
15
preferred
Chemical
13%
18
18%
_1
Electric
Pullman
Sep
45%
103/4
Jun
6% Aug
Feb
33%
*.
Corp
13
33%
3%
100
common
Mach
97%
*
New York Central RR capital
Paramount Pictures Inc
5% July
Jan
200
15% Aug
Feb
Jan
*
Martin (Glenn L) Co common
Nash-Kelvlnator Corp
Jun
12
1,100
11%
Jan
3%
2
Curtiss-Wright
Mar
25%
Jan
5%
26%
10;
Drug Co common
Kellogg Switchboard common
Montgomery Ward
10%
39%
-—^100
common
Prod
100
150
600
6
Radio
Interlake
27% July
6% May
36% Apr
%
6
13
1
common
Corp
600
33
5
Katz
Corp
14
102
Apr
12%
Power $6 preferred
Co capital
West
42
13%
6%
2
25%
(W B)
Mickelberry's Food
Jan
150
12
Sep
Aug
Sep
27%
22% May
20% Jan
1!4
Indep Pneum Tool vtc new
Indianapolis Power & Light com
Cumulative
93%
250
3
11
*
Illinois Brick Co capital
Co
930
25%
12
com
Houdaille-Hershey class
cum
Feb
50
2%
Heileman Brew Co G
cap
Hein Werner Motor Parts
Illinois Central RR
19
10
common
common
100
24%
24%
common
Hibb Spencer Bartlett
24%
2%
common
Great Lakes Dr & Dk
Kentucky Util Jr
28
13%
11% Aug
i'.;"-.'!.-;.'
•V-V'7
American Radiator & St San com
•
Anaconda Copper Mining
—50
Atch Topeka & Santa Fe
Ry com__100
Bethlehem Steel Corp common
•
Aug
27
common..^
(H W)
Hupp Motors
Feb
Jan
25%
common-*,--
Safety Razor
20
25 %
24%
1
common
Adv
400
100
99% 101
*
Corp
25%
24%
——*
new
33
28
2 Ms
_.
Motors
Jan
13%
11%
:;V
25
—*
Industries
General
18 Va
>
'
Unlisted Stocks-
Jun
6%
100
13%
25
common
Yates-American
11
18
Apr
4% May
;/■
Jan
85
17%
43
Jan
6%
100
Sep
2% July
Feb
3%
400
15'/4
82 % Aug
155
Feb
Apr
38%
450
6
Bankshares—
Common,
Zenith
Jun
28
4%. Jan
25%
2%
common
Sep
28
pfd—100
common
Outdoor
For
1,450
3%
27%
*
Stores
Preferred
Elec
14
23%
50
15%
29
;
Oil-O-Matic
Wisconsin
Aug
44
20
.
cum
Williams
•
,
50
3%
common
General
Penn
39
27%
Industries Inc class A
General
6%
Sep
250
& Cohn Inc common—10
Co
Northwest
Jun
34%
3%
General Amer Transp
common—,.
General Finance Corp common,;—
Monroe
44%
100
23%
25
(Peter) Brewing com
Middle
850
1
Four-Wheel Drive Auto
Masonite
50
common
Walgreen Co
July
35%
Steel
850
11%
Apr
150
50
4%
963/4
29%
common
cumulative preferred;
Utah Radio Products common
6% July
50% Jan
27%
common——
Fairbanks Morse
&
20
44%
Electric Household UtlJ Corp ——8
Co
15
Leath
Jun
4% May
23%
Elgin National Watch
5%
17%
50
Dodge Mfg Corp common
Interstate
50
16,800
S
20
41%
5%
15
7%
Jan
*
common
Lighting Inc
Decker (Alf)
Jarvis
10%
49%
30
Cunningham
Goldblatt
Jan
23
common
common
common
Gossard Co
7%
35
10
common—
Uten
Common
Gillette
180
6%
U
Sep
5
Cudahy Packing Co 7%
Fox
69
Co—
Continental
Domestic
Aug
119% Aug
Jun
152
4%
25
208 South La Salle Street
Corp com
Union Carbide & Carbon
capital
United Air L Transp capital——
Woodall
pfd part shares
&
\\
Jan
*
Container Corp of America—
Common
Deere
% Mar
111
58%
19
6%
23%
Edison
Consolidated Biscuit
Curtis
50
44%
Commonwealth
Crane Co
390
8
19
6%
for common
c
1,200
7%
50
Chicago Towel Co—
Common capital
Chrysler Corp common
t
%
68%
66%
Preferred
V
13% July
116% 118
*
Consumers
U Jun
Jan
Hi;
*
common
Chicago Flexible Shaft com new
Chicago & North Western Ry—
Club
Jan
9%
68%
1
t c
%
100
•
Chicago Corp common
Convertible preferred
V
350
12 %
H
118
*
Centra! States Power
%
12%
*
—,
common
(The)
Mar
11%
Aug
Aug
5% Aug
Jan
/ 71 Va
15
5
Corp capital
Thompson (J R) common^
Co
152
5
& Co capital
International capital
Trane
Common
Central 6 W Util
88%
1%
30
96%
25
common
Texas
Central
100
15%
1
common—
Sundstrand Machine Tool
1
700
2%
82
96%
_20
of
15%
2%
11%
*
—
Oil
36
Jan
1
;
Stockyards capital——
Dredge common
Standard
Sep
Jan
2%
—,
.
May
31%
100
1
St Louis Nat
43%
300
•4%
*
common
12% July
10%
35
40%
5 .'fry
4
capital
Co
64
14
10
pfd
common
Corp class B
Jan
81%
152
May
1
—
(E L)
Cummins
Roebuck
56%
15%
Signode Steel Strap Co common
*
Sinclair Oil Corp
:
•
Spiegel Inc common*—^.—*2"
5
39%
Schwitzer
Sears
Serrick
6%
Mills
31% July
100
;
common
Co
Hosiery
Jan
61%
4%
81%
16% Sep
16
Apr
27% July
17
July
Sep
-~-5
,—5
Rollins
High
26
V
*
8% Jan
350
Wire—
&
Packing
Raytheon Mfg
Low
350
■
J--'"-,
_100
Rath
Sep
Jun
3% Aug
5% Aug
12% Feb
50
10%
.10%
16
22%
/
29
35
35
'
1
Preferred
Range Since January 1
High
61%
_1
common
Process Corp (The) common
Quaker Oats Co common
Aug
6% July
Apr
Steel Car
Shares
28%
Co
common.,
Aug
164
Low
Pennsylvania RR capital
50
Peoples Gas Light & Coke capital__100
Range since January 1
V.'v
for Week
of Prices
Par
Shares
Sales
Range
Sale Price
Sales
for Week
Range
•
Sale Price
Week's
Last
STOCKS—
:
Week's
Friday
STOCK*,—
22
20%
*
*
6%
21
133
20% Aug
23
Jan
13 Va
_
13 Va
397
11
13 y4
Jun
6%
6%
663
5%
Mar
Jun
7% Sep
,
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319-=
160
Volume
OTHER STOCK
EXCHANGES
ENDING SEPTEMBER 22
WEEK
FOB
KANGE
1323
-
Friday
Friday
STOCKS—
>
0
j-
Cement
Portland
Medusa
National
Acme
National
22
1
I/'''.j-
Refining new
-
-
-i,
0
19
Aug
Feb
14
Sep
/} 120
Sep
236
12%
Jan
20
Sep
186
13%
Jan
17%
Jun
1,070
16%
32%
Jan
41
Sep
^
31
16%
40%
41
America
Television
Farnsworth
.6%
Jan
11% July
43%
25
40%
Jan
44% July
44
159
32%
Jan
45 %
Sep
16%
225
15%
Jan
19%
*
.
13%
159
8%
Jan
13%
Sep
Rubber common
Tire &
47%
.
■
Oil Corp
Honolulu
common__
Iron
13 % Mar
30
30
Mar
37
Apr
a485
1
460
Jan
490
July
2,149
9%
Jan
14%
Jan
678
14
13%
52%
Jan
65%
Jun
•
3
Feb
39 % July
Jan
25
;
—
Company—
Corp
Aircraft
Lockheed
Mfg
Menasco
20
35%
Apr
42% July
6%
Jan
10% Julv
Merchants
10
51
15%
Jan
21% July
Nordon
Sep
20 %
al8%
al8
.
15%
16%
220
15%
17%
18%
308
16
Apr
a56%«57%
189
50%
Apr
_
common
•
.
common
202
10
Jan
14%
Sep.
300
38%
Jan
49 Va
Jun
100
27
Sep
33
Feb
16% July
a46%
a 48%
27
27
15
15%
Feb
s
Oil
Oceanic
21% July
V
13%
130
10
Jan
1,114
15%
Jun
20%
Sep
17%
100
11%
Jan
17%
Sep
1.05
90
95c
Jun
30
Jan
Products
Gas
& Co
Richfield Oil
Member*
Detroit Stock Exchange
Shell
DETROIT
Ford Building
Union
Oil
Sinclair
Solar
5
Range
Shares
Range since January 1
High
Low
High
Low
i
9
8%
6Va
1%
1%
400
1%
Jun
~~
14%
14%
365
12 Va
Jan
600
14% Feb
1
~~
common
700
9
17
16%
7%
7%
6%
2% July
15 y4
21 Va
7
Jan
42
July
Feb
11% July
Feb
1.06 Mar
8"%
50c
100
75c
Sep
28
300
Jun
May
5%
50
600
9%
Feb
Julv
3%
Va
4
Jan
Sep
4%
8,275
33
937
4%
733
8%
9%
V 525
24%
25%
3,109
22%
Apr
25%
Sep
Apr
32 V*
Feb
Feb
4
23% Aug
27%
10%
15
Jan
Apr
July
4% July
Jan
3
•
9'A
May
10
"7% May
31%
250
29%
Jan
31%
36%
100
34"%
Jan
37% Aug
27%
27%
1,153
30%
36%
3614
31%
30%
30%
•
*
Oil Co of Calif
27%
430
24%
Jan
33% July
Sep
35%
35%
1,416
34%
16
16%
310
13%
Feb
July
39
,
—
9%
a22%
18%
16%
:;
Sep
Jun
3%
1,101
8%
Jan
10 Va
a22% a23%
14
18%
Apr
22% July
18%
18%
1,232
17%
Sep
20 %
20 '
20
18
Jan
20
9%
Cons
120
Chollar G & S
5% May
575
6%
6%
Mining Co.—*—10
Mining Co
—1
Juneau Gold
Alaska
Sep
July
Feb
V:
7% July
1.45 Aug
Jun
1.10
500
8% Jun
4%
Jan
Jan
18%
Jan
75c
Jan
1% Aug
3% Jan
338
46
Janu
45
40
Mining Stocks—
Jun
17
4%
293
6%
Jan
19
.
Jun
9% July
Jan
Brown, McLaren common..—i
Burroughs Adding Machine
*
Consolidated Paper common
.10
Baldwin Rubber common
40 V*
4
25 Va
Milling Corp
*
Corporation
—2
Transcontinental & Western Air Inc—5
Union Oil of California.——
25
Weber Showcase & Fixtures 1st pfd—*
for Week
275
3%
15
"
Transamenca
of Prices
Last
44
a5%
Taylor
Sales
Week's
Friday
Sale Price
48%
49%
a22% a23 %
13%
13%
25
25
class A
Pacific Co
Standard
Detroit Stock Exchange
37% July
Jan
75c
25
preferred class B
% % preferred C
Calif Gas 6 % pfd
Jan
47%
9%
4'A
1
*
25
Company
Chain Stores Co, Ltd
Calif Edison Co Ltd
Southern
STOCKS—
.—
6%
So
35%
40
__
1
Southern
(
198
200
—
Co
Corp.—
Oil
33%
a5%
40
Corporation
Aircraft
Sontag
Telephone: Randolph 5530
1
•
—_
Aeronautical
Ryan
X,
Corp common
Warrants
New York Curb Associate
Chicago Stock .Exchange :
Stock Exchange
New York
15 % May
Jan
69
a20 %
a20
a5V0
_
Jan
30%
44
1
6% Mar
15
48%
common
Co
Republic Petroleum
Rice Ranch Oil Co_
Jan
37%
37%
__
Jan
48c
May
156
a33%
a33
,.10
*
*
Lighting Corp common
Pacific Public Service 1st pfd
Pacific
Jan
14c
30
5% May
414
16
15%
.——25
1st
25c
6%
6%
r/6%
*
—.10
_
25
May
39
Sep
18
3,300
32c
29c
—
& Elec common
preferred——;
Pacific Indemnity Co
„■&%
Watling, Lerchen
1
1.25 Mar
Feb
1,000
18
18
7c
2,000
8c
8c
1
200
34
34
1
Finance Corp common
Jun
14% Aug
■-
20%
85c
95c
63"% July
Pacific Clay
Jan
Aug
24c
Jan
4c
17%
1
Company
1%
550
1,000
12c
May
6
19%
1
_
8%
300
13%
1
Co
Petroleum Co
j"
4%
4%
12c
10
Ltd
Occidental Petroleum Corp—
Pacific
Motors
14%
a47%
10c
1
1
Corp,
Pacific
Continental
62%
14%
•
Angeles Investment Co
Los
July
a9%
a9 Va
•
*
Steel
61%
1
Company
a38!/a a3B%
—
.
common
common
51
18'A
149
Feb
*162
Oil
Lane-Wells
Jun
38%
-
a37%
a37
■'
•.
York Central RR common
Steel
11% Aug
500
.
_
Industrial Rayon common
S
515
13%
__
_
Sep
320
12%
a485
•
*
com
59%
a66!4
a63
27
& Rubber Co
Goodyear Tire
35
-.155
49
a22% a23%
--m
0
U
10% July
.10
•
common
& Co
Hudson Motor Car Co
-
General Electric common.
Republic
Jan
12%
1
Radio
&
Corp
McBean
Gladding,
,
j Enlisted—
Ohio Oil
7%
300
9%
Jan
13%
13%
$
Stores
Drug
Motors
General
60
Jade
New
24% Aug
Jun
55% July
■
—
Bank __100
Hupp Motor Car Corp
Interlake
13% July
Jan
——1
Ltd, class A
Farmers & Merchants Nat'l
16%
I;;'
y
Works
Iron
Co
Jan
20%
4
Exeter Oil Co,
44
25
*
Glidden
9%
170
95%
84% May
30
*
Products Corp
Electrical
10% alO'/a
_
_
Thompson Products Inc.
Firestone
470
9%
Douglas Aircraft Co, Inc
43%
a
—•*
■
Dorn
24% July
:.
11%
24
11%
_
Oil of Ohio.
Weinberger
Jan
' ;
16%
«
6%
18%
125
100
275
11%
a91%
Feb
9
:
of
Creameries
2% Aug
Apr
Jan
22%
20
41
.
__
a
20
Selberllng. Rubber——
Van
Mar
=
1%
145
6%
a21%
Bros
Standard
110
100
>
'
2%
6%
^
Patterson-Sargent
Richman
120
9 % May
Sep
3%
Jun
30%
25% Feb
20
4Va
4%
•
1
Preferred
High
Low
High
a89% a91%
■
5
•
Corporation
Consolidated Steel Corp
Range Since January 1
Shares
24
1
Co...
for Week
a27% a27%
*
Packing Corp
Aircraft
Chrysler
Jun
10%
6%
B
Corp
Cessna
13%
3
Packer
Sep
50
2%
■
:»
171
*
A
Nestle LeMur class
22%
15% Mar
—
_
Ohio. Brass class
36
13%
120
120
.
22%
13%
13%
preferred 6 Vc—,v
Prior
National Tile
California
Sep
17% al7%
a
•
-
..
Feb
129
125
(
42
41%
y
—
Low
Par
42
Sales
Week's
Range
of Prices
Sale Price
Range Since January 1
Low
High
Shares
High
;
Last
5'•
STOCKS
'
class B_
(AG)
McKee
for Week
of Prices
Low
Par
v-i:"v
.
Range
Sale Price
v
=
;
Sales
Week's
Last
<
6% July
•
Cleveland Nav common..10
Edison common
—20
Detroit Gray Iron common—————5'
Detroit-Michigan Stove common.—...I
Detroit Steel Corp common—
5
&
Detroit
Ex-Cell-0
Corp
;5%
5%
200
Finance
342
IIV2 July
13%
100
7Va May
12%
Sep
35%
35%
100
8%
8%
200
300
.a—
Kinsol
(S S)
Corp
100
2%
Jan
4
Feb
7
.
8%
IVa
1%
1.750
25%
1
=
■
3
ft
•
;
:
1.00
33>4
200
5%
360
3%
Feb
25%
Apr
.1
31% Aug
12%
9
Jan
13%
2%
1%
Feb
2% Aug
250
3
Jan
3%
200
3 Va
Jan
4% July
2%
n
3%
3%
10
.12%
1
Z
400
r
9%
Jan
.10
ft
ft
8% '
Co class B
1
.-
4
_
3%
500
2%
Jan
%
10
3%
'■
8%y
1%
1%
4%
%
3% July,
Jan
8% July
4% July
6%
Jan
300'
1.957
1%
430
13%
'
Jan
4% Aug
6
Feb
8%
98c
Jan
2
Jan
5% Aug
Sep
1
Inc.
Company.
'
.
!■
i
v:
Los
*
"•.•
.
\/V.
-
'
'
Angeles Stock Exchange
>
•
Last
-•
,
**
...
STOCKS—
\ k
;v"
'
.
Sale Price
Corp
Petroleum Company
.
5
50c
1
4%
Chica
Oil Corporation
Byron Jackson
For
Inc, com
see
page
-
2
300
3% July
2%
2%
731
1327.
%
700
2.35
1.55
17
0
1.60
17
a23% a23%
Jan
200
5
2.30
1
■
*
'■
*
Range since January
Low
2%
—
Co
footnotes
Shares
2.35
«
'
v
500
325
10
1.80
Jan
Jan
1
High
Corp of
4%
Feb
Feb
2% Aug
2.50 July
2.00 July
1.30
Jan
15%
Feb
17
Sep
21
Apr
22%
Jun
Jan
Texas
11%
Jan
10
5%
Jan
*8%
Jun
30% Mar
32 Va
Jun
70
19%
435
4%
'V
43
5%
% a37%
1,125
1%
Feb
7% Aug
50
28%
Jan
36% July
41
25%
Apr
31%
12
5%
5%
a37
17%
19% Aug
Feb
33 Va
6%
Apr
:
300
7%
185
56
23
Jan
51%
-230
42
15%
7%
*
*
1
10
*
9
9
a
18%
a25%
115
•
V
Jan
Apr
51%
Sep
Jan
21% July
-9% July
16%
Jan
40
15%
3%
Jan
5%
1,427
15
Corp
,
19%, July
6% Aug
28%
381
26%
Jan
21%
100
20%
Feb
14% al5%
95
15%
Feb
8%
Apr
16%
Apr
21%
18%
260
18
12%
387
a24%
a24% a24%
12%
..25
«32%
a
53 %
a32
a32%
a52%a53%
18 Va
a29%
18%
a29 Va a29
II10
%
46=
a
.100
5
5
i
46
33%
14% a 15
Sep
32
>
227-
Jan
29
234
40
a9% alO
1
22 %
45
135
29
29
..25
88% Mar
12
Feb
172
•
Sep
53% Mar
8 % May
13%
Apr
loo-0;:»• 27%
Jan
100
45%
Sep
396
33% May
50
a78%
191
al03%al04 V8
30
13%
Jan
78 Va
Feb
108 Va May
Apr
Jun
60
22%
30%
30%
208
26%
1%
1%
57%
510
1% May
154
50% May
a31
57%
a31
July
21 % July
*
•
-
a95% a97 %
Mar
12
1.
a96%
Jun
24% July
-
1,273
11
18%
Jun
30%
25 % May
29
29
a 77%
United States Steel
19% Aug
Sep
*25% *25%
a
8% July
23
75
a 18%
al5% alGVe
Aug
73A Jun
495
18
18
Jun
Jan
30%
-350
18
Jun
53
Mar
a30% a33%
33%
Carbide & Carbon Corp—
Union Pacific Railroad CompanyUnited Air Lines Transport
United Aircraft Corp—.
United Corp (Del)
43% July
40% May
-23
Union
Jan
39% July
Feb
35%
Jan
17
75
51%
..25
Associated Oil Co
6%
Jun
May
16
90
19% Aug
Apr
16
115
37%
.
30
5%
al7 %
a24% a24%
—
Gulf Sulphur Co
Tide Water
Sep
465
35
—;
Roebuck 6c Co—
(The).
1% July
a41% a41%
;
Soeony-Vacuum Oil Co—
Southern Railway Co.._
Corp
Feb
5
15%
a51% a51%
America-
Swift & Company
12% July
y
Feb
%
Republic Steel Corp——
Sears,
66% July
1>15 • JUly
•p 33% July
a41%
5% July
6%
8%
334
15%
a7%
10%
Radio
Texas Corp
High
4%
:
for Week
1
■
Bolsa
A
4%'
'
40
•
a51%
*
Pure Oil Company.
Mar
30
50;
•
'
Apr-
2,320
a
al7
—1
-
Sep""
45%
Jan
•
•13%- May
-eo:<
-
a28
5%
Sales
2
Berkey & Gay Furniture Co
Blue Diamond Corporation
Broadway Dept Store,
of Price*
Low
Par
*'■
Aircraft Accessories
Bandini
.
Range
•
57%
•
,
1
al9%
1
Studebaker
:i
Week'*
Friday
34%
%<•
a28
50
25
Brands, Inc.—
Oil Co (Ind)~
Standard Oil Co (N J)..
Stone & Webster, Inc...
r-
-r-
65
120'
4%
a7%
Pennsylvania Railroad Co
Phelps Dodge Corp
Standard
•
■
15
.
10
15%
1
Motor Car Co.
Paramount Pictures,
Inc
Standard
I
•
Packard
Aug
■■■>
■
Oil
Aug
1%
3%
Sep
18% Mar
15
.
-
•
«-
al5
5%
Sep
Jan
*
5
"
Jun
5%
100
8%
4%l
Ohio
2%
325-'
4%
Inc..—
.
215
""
•
i<>
118
Inc
North American Company
200;
~
& Robbins,
American Aviation,
North
Sep
•31%
■
4%
7
Libby
Montgomery Ward & Co,
New York Central RR
2%. July
1% May
Libby, McNeill &
McKesson
Aug
5%
,
Apr
4%l
4% ;
.
Products common.
31%
26%
12%; 12%
_
Aircraft common—*
'X
300
3%'e
3%
_
ft
_
300
10
10
1
...
__
2%
30
—-.1
.iA—-U—i
5
2%'
:
••
15
10
25
*
* *18
•' 833%
Kenrecott Copper Corp
•
Jun
12%
Apr
3%
1.145
12%
3%.
1
_
.
Radiator common..
Wayne Screw
i.
":
5 'I
...
Universal Cooler class A.
Warner
3%
12
Tivoli Brewing common
Walker &
3%
3%
,
317
1.000
:
a60% a61%
a32% a32%
of Canada..—_
International Tel & Tel
6% Aug
468
July
23% Aug
a29% a29 %
Int'l Nickel Co
4Ve July
2% Mar
3%
29%
2V»
...
_
Aug
Aug
70
Feb
al5%
5
Corp—„
-*
Goodrich (B F) Co
:
~J——*
Graham-Paige Motors Corp—__
1
Great Northern Railway Co pfd."
14% Aug
12%
_
common.
Class B
Jan
Jan
5%
«
a
common...
1%
3
May
1%
9
al5%'"><
a43%"a43%sl •
al5%
a60%
Foods
General
July
Jan
19%
a23
General Electric Co
Feb
29%
——1
"B" common
Timken-Detroit Axle common.
*
65c
100
390
13
13
.. .
_
400
2%
2%'
—
28
56
365
•'••• A 394
37%
Sep
3% Aug
Jan
1%
200
.
..
.50c
_
3
1 .00
-3-)
.
A
Class
1% July
36c
Jan
24c
Zellerbach Corp
Curtiss-Wright Corp
Crown
Atlg
25%
■
Jan
1 Va
120
3,503
26c
Feb
22%
250
1%
1%
1
May
57c
(Del)
Continental Oil Co
Jan
%!' 64
1
——-—5
5
1
Continental Motors Corp
1% Aug
Jan
50c
400
25%
Standard Tube
U S
Sep
14%
100
.1
.
Pr common
Specialties
Aug
100
25 c
__
_
Scotten-Dillon common
United
18%
16%
17%
15%
Raisin Paper common
Sheller'Mfg
Jan'
Feb
Ry Co—s
Electric Corp
Commonwealth & Southern Corp
Cons Vultee Aircraft Corp
Pacific
Jan
24%
a21% a23
15
Columbia Gas &
Jun
13%
Co._————i-
156%
a25% a27
a
163% Aug
941
a26%
62
43% July
Feb
36%
260
161% 161%'
*
Co
Canadian
May
14
15%
s
River
21
Feb
10
common..
common...
(HW;
Rickel
Jan
12
85c
Car common——_
Mtl
19
17%
10
Parke, Davis common
Peninsular
225
13%
*
Parker-Wol
20%
Airplane
Borden
Aug
79c
—
Boeing
10
12% Aug
Jan
9
150
a39% a39%
Co^L———ii.——5
Corp
4
5
Bethlehem Steel Corp
May
1%
all% all%
& Stan
Aviation
Bendix
Sep
3.752
__
common.
Motor
5%
Rad
Barnsdall Oil
65% July
5%
.1
common
Chemical Co
Park
Packard
Feb
1%
Michigan Die Casting common
Michigan Sugar common
... . .
Murray
Jan
52%
15%
common
Abrasive
Jan
3%
990
300
McClanahan Oil common..
Mid-West
4%
675
13%
common
..
Products common
Screw
Masco
7% Julv
3%
20%
....
Drug common.
Kresge
3% May
17%
common
Mfg
10% Aug
Jan
5%
common.
&
Jan
2%
3%
:
Ball & Bearing common
Lock
5%
1.850
62
61
Houaaille-Hershey class B._
Hudson Motor Car common
Hurd
38% Aug
6%
6%
common
Hoskins Mfg
Jan
23
5%
common
Hoover
3%
3%
common
Motors
Graham-Paige
)
Stocks—
Sani Corp
*
American Smelting & Refining Co
*
American Tel & Tel Co
100
Anaconda Copper Mining Co
50
Atchison, Topeka & Santa Fe Ry—10G
Baldwin Locomotive Works /vtc
13
Amer
Sep
12%
common
Goebel Brewing
General
Unlisted
Jun
13%
Wood Industries common
Gar
General
7% July
21
12%
13
common
Brewing
Frankenmuth
100
:
,..3
common
Federal Motor Truck
1.671
1%
20
13%
12%
5
Vacuum common
Eureka
20%
1%
21
21
22
Detroit
T
•
.
•
,
97% July
14% July
28
July
31%. July
34%
Jun
55% May
10%
20
31%
Jun
July
Feb
49%. July
37
July
16% July
82
July
108% May
34
Aug
30% JSep
2
July
■62%.July
THE COMMERCIAL & FINANCIAL CHRONICLE
1324
Monday, September 25, 1944
OTHER STOCK EXCHANGES
RANGE
Range
Shares
22
*
—
a42%
10
Low
11%
Apr
39
42 %
Feb
_,
V'
Feb
6%
Jun
42 %
Pitt
Lone
19% July
Jan
37
308
99 %
Fort
Star
Gas
McKinney Mfg
Mountain
Aug
Supply
Fireproofinj Corp
National
Philadelphia Stock Exchange
of Prices
Per
Low
-•
Chrysler Corp
Aug
3%
Jan
4
Aug
"
.
80
25
1.500
Vh
1%
300
116% 117%
1
Springs
5c
1
common.—
93/4
.
8% July
2
Jan V
1% May
1%
95
Aug
Jun
121
Jan
2c
Jan
10c
July
3%
Jan
7
Aug
6%
Feb
10.500
2.150
10
Jan
Jan
50c
35
6c
6%/';r:-
1
—,
6%
1.665
1%
Sep
•
45
*
33%
33%
221
1074
Jun
3374
■:
*
25%
26%
90
-
30% May
21% Apr
Sep
28% July
164% July
180
18
Apr
23 %
52
•
470
34%
Feb
52'
10%
297
57/e
Jan
July
12% July
90%
60
78%
Jan
90 Va
9%
10
19% July
Jan
14 74
23
St. Louis Listed and Unlisted Securities
Aug
11
Sep
Sep
62%
Sep
10
78
54%
54%
15
15%
15%
767
13% May
43%
44%
235
60%
62%
1,984
39 Va Apr
517b Feb
66
Feb
Edward D. Jones
4
*
common
Jun
High
Jan
156
290
89%
preferred
Prior
Low
458
17%
10
®
Pub Co
Curtis
High
49%
10%
Steel
Jan
7 Va
8%
'
5V2
3%
'
4
8%
_5
Alloys Steel——
Westinghouse Air Brake
Range since January 1
21%
-•23
& Gas
4
High
Low
306
1.187
4%
10
1%
Vanadium
Shares
f
161% 162
161%
10®
Baldwin Locomotive Works ▼ t c
13
Bankers Securities Corp preferred—,-50
Budd <E G» Mig Co common
*
Tel b Tel
American
17%
17%
American Stores
Standard
for Week
Range
Sale Price
stocks—
Oil
9%
10
Range Since January 1
Sales
Week's
Last
Shamrock
4%
9%
1
:
Fuel
Shares
High
•4%
10
Pittsburgh Oil & Gas—
Pittsburgh Plate Glass
San Toy Mining—
Friday
of Prices
Low
Brewing——1
Sales
for Week
Range
Sale Price
Par
14% July
52% July
Feb
93
85
280
STOCKS—
High
30
al01,4al02.8
16
16%
a42/«a42,4
—
Week's
Last
Range Since January 1
High
al2 ■ al2
a44% a45
.—50
1
Co
Willys-Overland Motors Inc
Wool worth Company (P W)
Elec & Mfg
Westingtiouse
Low
5
—
SEPTEMBER
for Week
of Prices
Par
Pictures, Inc
Western Union Tel Co class A
Bros
ENDING
Friday
Last
Warner
WEEK
Sales
Week's
Friday
Sale Price
STOCKS—
FOR
5
Mar
40To
Apr
Co.
&
Established 1871
Electric
*
10
1
Battery
Storage
General
13%
Light (wd)
Delaware Power &
Motors
National
Manufacturing
Salt
preference
Jan
1%
Sep
47s
5
216
4%
Sep
7% Mar
6%
6%
5%
110
5%
5%
1,581
28%
29%
1,959
182
176
19%
182
19
118%
28%
871
237s
20
29
57b
Jan
116
CEntra! 7600
Bell Teletype SL 593
Jun
184%
Sep
St. Louis Slock
Jan
22
26% Aug
Jan
119
Aug
28%
634
Phone
Chicago Board of Trade
Aseoclate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
31% Julv
Jan
161% May
187» May
4,172
257:1
118% 119
New York Stock Exchange
8t. Louis Stock Exchange
Chicago Stock Exch,
7% July
Apr
4%
26
110
-19%
25%
common
——-----100
pfd25
Corporation
3
3
St., St. Louis 2, Missouri
Members
Aug
10% May
1% 3ep
5%
4.4V preferred
Phila Elec Pow 8 'Jo
Philco
8%
250
28%
•
Philadelphia Electric Co common
$1
3,280
1%
4%
*
-1
50
50
Pennroad Corp
Penna
10%
1%
50
& Light
Power
3%
9%
—
Pennsylvania RR
300 North 4th
July
50
"l0%
•
Lehigh Coal & Navigation
Valley Coal
Lehigh Valley RR
3%
1%
Engine Co—.
Aircraft
Jacobs
Lehigh
61&,
16% Aug
47% July
34%
Jun
Friday
Mar
STOCKS—
33%
33%
34
90
25 Va
Jan
36%
37%
80
32%
Jan
38% May
Brown
42
42
166
38%
Jan
43
Burkhart
223
537b
Jun
687a
Sep
Columbia
132
%
Sep
%
Jun
Dr
of Prices
Par
Scott
Paper
common———
60
*
Oil
Sun
59 Va
CO
%
-25
Transit Invest Corp common—-
%
%
Feb
1%
1%
770
1% Mar
2
'
*
*
1%
1%
1V2
603
1
1% July
37%
36%
37%
1,002
13 Va
14%
25
Preferred
—
Shoe
common—
Mfg common—
Brewing common
Pepper
Corp common.
$3
preferred
—r
United Gas Improvement
issued
When
Westmoreland
Coal
1%
31%
37%
Apr
Huttig
Sep
1%
5,083
15%
1,147
14%
Jun
15% July
25
25%
250
227/«
Feb
28 Va
1
Jun
2%
Jan
Hyde
S
&
D
Brew
Park
Hydraulic
Brewing
Pressed
.Preferred
July
International Shoe
Johnson-S-S Shoe
Pittsburgh Stock Exchange
Friday
Week's
Allegheny
Ludlum
Clark
L)
iD
Low
26%
*
Steel
Candy..
Low
v.
&
Gas
Bearing
Candy
High
27
9
35 >
24%
9
115
7%
Jan
4%
4%
268
37%
Jun
20%
65
16 %
Jan
20%
17
452
14%
Feb
16%
Sep
.17
V |, i T •"
,
/j
9
RANGE
Canadian
NOTE—This week's compilation
begins
FOR
Pub Serv 1st mtge 5s
conv inc..
25-year
LISTED
WEEK
ENDING
STOCKS—
Power &
6%
Tic
Power
common
preferred
Gas
Aldermac
Aluminum
Anglo
of
Aquarius
Gold
Arjon
Gold
21c
pfd._100
5%
991/4
68c
Ltd
•
Mines
Wiborg preferred—
100
1
Mines
1
Mines
Bagamac
Bank
of
Bank
Montreal
of
Scotia
Nova
Preferred
Base
Bear
Blue
Bonetal
6,000
19c
48,000
62c
3.80
3.95
.
165,200
15!
276,050
2,086
12 %c
•
&
17
16%
26%
16c
103%
28c
1964
26
Jan
4.40
;
1.46
1.86
1.50
1.39
1.65
64,315
155%
154%
157
637
9.10
9.00
9.40
3.300
1.00
1.00
1.05
4,450
5
16
27c
Columbia
9%
91/2
25
7%
7%
200
47%
47%
10
11 %c
13c
17,968
\
1
Sep
Sep
__
12c
18v2c 18%c
38
Sep
10c
Jan
18%
28
Sep
Sep
27 V2
Sep
3%
Jun
44 %
...
Feb
■J 24V2C July
13%
Feb
16% Mar
36c
Jan
2.89 July
1.31
151
Sep
Anr
8.50 July
60c
May
9% May
22c
8%
7
Aug
Jun
July
43%
Jan
Packers
Canada
page
1327.
12%
Jan
35
$1,400
97
Feb
110%
Sep
64
5.000
60% May
66 %
Apr
64
Week's
44
.
Mar
Jan
Mar
2.45
1st preferred
Oils, Ltd
common
Cement
common
69c
70c
Mar
5%c
5%c
1,000
4 %c
Apr
5.45
5.70
1,250
3.55
Jan
6c
6%c
6,000
V w
6c
18%
__*■
19
3%c
3,000
10
Preferred
Canada
150
&
Cable
Bakeries
Preferred
class,
Commerce
Canners
Jun
11
July
July
21
Julv
5c
Jun
24%
10
2474
Sep
26
10%
200
10 %
Apr
10% Mar
1.75
1.80
2,800
1.70
Jun
2.24 Mar
1,200
8
Dredge
Food
Products
Pacific
100
A
;
—
T
Quartz
Mining
Mines
Porcupine Mines
Apr
Central
Sep
Chateau
8%
8v4
10
8
Sep
% Aug
23
1,395
21
Mar
237a
10
22
Jan
21%
345
Gai
Gold
Chromium
Cochenour
Mines
Jan
53
Aug
Jan
122
Aug
145
160
10
10
10%
209
974
Jan
38
150
31%
Jan
Cockshutt
Mining
Plow
Jan
Co
165%
Sep
12% Mar
>
40
Aug
"60
65
Jun
70
Aug
116
5
Aug
6
July
50
91
Feb
96
Jun
Sep
15%
95
10
14%
7%
*
95
14%
15
505
7%
7%
V. 792
43
44
251
v:.
14%
5
Jan
::-
40 %
Jan
15%
16
500
8 Va
Jan
23%
1
rH CO
24%
270
22%
Jan
16%
vN
17
945
12
Jan
775
8
*
9%
10
26%
26%
175
40%
41
170
155
155
5
18%
18%
100
15
Jun
50
50
56
175
44
Mar
*
574
5%
5.7 s
855
*
68 Va
60
,'70
440
•
•
41
\
"
^6c
66c
65c
140
140
5
11V'4
10%
11%
1
2.01
2.07
1.05
1.05
750
2.10
2.26
._<■
Mines
2.20
15c
4%
23c
1.22
13C
4%
10% July
Jan
28
Mar
Jan
45
Jun
141% May
155
20
Sep
July
61
Jun
5Vs
21
21
60c
133
10 V8
Jan
Jan
Apr
Sep
144
Aug
14
Julv
1.50 May
90c
Feb
1.62
Jan
8%c
Jan
160
V2C
23c
2,500
1.20
1.25
1.032
.
3% May
17c
1.15
.6% July
71
July
85c July
Jan
6,736
-
Sep
Aug
Julv
Apr
29,300
16c
4V2
16%
24 %
7 18
Mar
35%
1,000
9,512
45
24%
.
6.135
1
Sep
8% Mar
■
25
«
Gold
Feb
43 %
90
68
1
Wines
Wilians
22
195
850
5'A
Research Corp
1
Chesterville Larder Lake Gold Mines-_1
Sep
9% July
115% July
•
68
Chemical
July
May
5%
25
Patricia
14%
Jan
May
38
'
100
Ry
Castle-Trethewey
28%c
(
50
1
preferred
Central
Jan
18
120
Mar
Sep
103
55
160
v
10%
"
—...
17 %c Aug
17c
6%
40
"
Feb
Apr
Aug
49
»
;
Oils
11%
150
..
'
Canadian
Gold
20
7
114
119
100
Canadian
Cariboo
115
19
18c
'
Preferred
Canadian
8*a
114
115
20
Sep
Jan
Jan
8 Ms
IOV2
•
1st preferred
Jan
23,Va
Jan
3c
24%
__
•
Conv preferred
Canadian Car & Foundry common
New preferred
Canadian
Celanese
common
16
24%
15%
1.75
•
new
common
common
67c
27
Jan
10%
100
Bank
Breweries
Preferred
Malartic
Aug
9%
♦
...
Canadian
Canadian
Feb
6.20 July
*
common
Industrial Alcohol
Jun
Jan
8 %c
-
50
Wire
Canadian
*•
_•
•
Mortgage
Steamship Lines common
Canada
t
1.40 May
93c
5%c Mar
475
3c
,
.'■
High
Jan
20,200
•
Permanent
Locomotive
8%
.*7..•
Low
59,250
86c
■
Packers
Canadian
24%
:•
1.04
"A"
Canadian
50
•••
82c
100
Foundry
Malting
Aug
Feb
•:>:
96c
•
Preferred
11.00 July
Sep
-v-
Jan
2.30
Sep
1.26 Aug
2.50 Jun
21c
4%
48c
May
Jan
Mar
Sep
1.72
Feb
1.50
1.60
360
1.26 Mar
2.00
1
3.00
July
2.85
3.30
361,125
1.57
Jun
3.30
•
12%
Sep
12%
13
455
11%
Jan
__
]
Range Since January X'J
*
Canadian
9%
;/v.--.-..
High
9%
Canadian
10
Shares
84c
3c
Jan
1.50
for Week
1.03
18%
Jan
157
Sales
Range
of Prices
Low
Mines
6%c Mar
19% May
Jun
Sep
31
64
Extension
Bread
Canada
20
21
34
28
25c
2,445
237a
V 50
9%c
3,435
*
21% Aug
480
11
May
14%
A—21
15
19%
38
4% May
21V.
common
16% Aug
6VaC May
•
Power class
12% May
500
20
22%. 23V4
16
200
360
14%
Oil
110
16-
6%
14%
8%;
22%
22%
21c
21%
1,300
Apr
Sep
July
7 %c
•
__
17
6
com..*
;
Light & Pwr
Apr
21C
5
Ltd
see
195
62,550
'
__
Distillers
Columbia
16
28c
25c
..._°
Mines
British
14
•
—
—____50
British
2,030
129,200
__*■
Ltd
American
50
1.77
1
common.
July
Feb
1
■
May
May
10.000
14 %
13
15
225
Steel
>;• Aug
1.04
23c
-.1
Gold
107
24c
100
Sons
.
ADr
38
14
30
Sep
9% Juiy
7%c
July
Sep
Aug
1
Mines——_i
Mines,
38
14
13%
9%
Apr
«
71 %C Aug
11c
13c 14%c
14 %c
Apr.
5
1
31 %c July
12c
;
Sep
11
35%
1
Jan
26
43
350
352
II: 87'3:
Camp Bird Mines
Canada
16%
Jan
13%
Canada
Canada
5,850
295
1
Ltd....-
Calmont
Aug
13,700
17
41%
1
«
preferred
1.15
Apr
3.20
July
47"-
100% 101
1959
Mines
Gold
Caldwell Linen Mills
2nd
Ltd
Calgary «& Edmonton Corp Ltd
Aug
39c
Sep
16
33%
™
,
*
Radium:..
Jun
Hill
Canadian
IIV2C14c
50
;
u.
footnotes,
8c
8v2c
8%c
2
Jan
Jan
34
Products Ltd
Burlington
34 %c July
18 %C Apr
Sep
Traction
For
May
Sep
Bralnrne
British
17c
2%
Brazilian
Brewers &
8,600
Apr
7
•
Mines,
Gold
Canadian
Canada
26%
Hats
Gold
2,000
25c
Sep
45c
150
Feb
Sale Price
v
Ankerite
Building
July
100
Klrkland
Mines
90c
92c
Porcupine
Oil
8.05
790
...
76c
5.75 May
55c
Jan
1.065
Preferred
Bobjo
3,666
27
Mining
Ribbon
7.40
Aug
101% July
Feb
2%
Quebec
&
Btdgood
Jan
58 %c
26%
River
Biltmore
96
75
16,850
26%
Gold Mines
Bertram
160
Jan
.2%
Bell Telephone cf Canada
Berens
May
99
*
Power class A
Belleterre
98
Jan
10
Exploration
Beattie
28c
Jun
7
13c
new—.——10
Apr
68c
75c
3.85
1.79 Mar
86
new..
....
Metals
Bathurst
87%^; .p;
103 V2 103%-
88c
May
89
99% 0
14c
10
Jan
common
Bank of Toronto
Barkers Bread
'
Aug
14c
15c
16c
>
115
20
99
1
new
1.10
96>'i
.1
Bankfield Cons Mines
500
.11,325
50c
17c
54c
Gold
Apr
Jan
Jun
22c
1
1
&
7
58
7%c
85c
__
1
Aumaque Gold Mines
27
7.25
22c
Aubelle Mines Ltd
Ault
Broulan
Bunker
High
4% July
49% Aug
Apr
ii *5,500
65c
»
2%
8c
1
Astoria Quebec Mines
Aunor
H23c
85%
7.40
1
Mines
,
»T.46S; I
96
•
Canada
112
3,230
V 7,985
!U,
195
7 8c V
20c
86
Gold Mines Ltd
Area
1.42
•
Oil
Huroniau
'
100
common
Canadian
Anglo
•
preferred
Co.
7%c
1
Ltd
49
105
7%c
Range since January 1
Low
:
3%.;
46%
110
*
Copper
Steel
Aluminium
.48
Shares
47
100
22
British Dominion Oil
Buitaio
High
3%
100
—
Oil
&
Low
3%
100
Ajax Oil & Gas
Algoma
the
Buffalo
of Prices
ri/J
V",.
preferred
Acme
on
for Week
Range
Sale Price
Par
Abitlbi
ends
Sales
Week's
75
2
15
MARKETS
SEPTEMBER
Brown
Last
47
11% Aug
12% Sep
,
9
Last
Friday, Sept. 22.
Friday
Jan
32
Friday
and
Jan
9%
19%
15
STOCKS—
15,
6%
25
36%
38
10
Funds
Friday, Sept.
:25
BONDS—
St Louis
Exchange
on
Sep
10
10%
22
%
Par
current
33%
Feb
33%
12%
11
*
common
28
Seu
16
22
*
common
Aug
9'A
common__25
common
17
Mar
5% Mar
CANADIAN
Toronto Stock
Metals
Fuller
Wagner Electric
Aug
16%
5
Duquesne Brewing
&
Jan
29 Va July
Apr
20%
common
Baer
12
13
*
common-.
Stix,
56
13%
9%
'
•
—
Electric
Oil
Cement
Sep
15%
Aug
41
41
5
com
Portland
National
Range since January 1
High
26%
0
Shares
10
Columbia
Devonian
Piping & supply
13%
2
20
National
for Week
of Prices
Par
Midwest
Jan
14%
2
•
common
11%
47
100
com
16
10%
*
Prod
13%
33%
100
common
Missouri
Sales
Range
Last
Sale Frice
stocks—
Steel
.
common
Laclede-Christy Clay
Laclede
—
30%
12
12%
10
common
Feb
15%
~~
*
common..
Brick
23%
13%
5
..a—
45
20
30%
a
common
common
High
Jan
30%
30%
5
common
Low
36
43
*
Hussmann-Ligonier
Range since January 1
40
43
Jan
14%
20
—
Jan
Shares
High
43
1
common
Griesedieck-West
United
Low
——_—*
Sales
for Week
Range
Sale Price
36% July
367a
-50
1st preferred—
Reacting Co
Exchange
Week's
Last
Feb
14
July
LISTED MARKETS
CANADIAN
RANGE
SEPTEMBER 22
WEEK ENDING
FOR
1325
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
160
Volume
Week's
Sales
Range
for Week
of Prices
Shares
Friday
Friday
Lake
——T
.
Consolidated
Davies
Delnite
1.58
2,500
1.33
Jun
15%
140
14 Va
Jan
16'
140
50
1.35
18,100
Steel class B
Stores
24%
Jan
5%
r
18c
33,100
2.40
45c
50c
3,536
16,150
Jan
32c
7c
10,000
9%c
May
12Vic
46c
5.05
6,200
28
25
v
35%
36%
610
3%
4
200
78
78
10
—.
28
Jan
39
27
i:.
■
Jan
May
3'
4
Feb
Premier
80c
9
89
Gold
Gold
Hallnor
Mines
Mining
Hamilton
Bridge.
Hamilton
Cotton Co..
1.99 Mar
10% July
5c
Jan
12 Vic Mar
3 Vic
Feb
8c
Apr
16 Vic May
43c
Aug
38c
Jun
4%C
2.500
34c
17,700
23c
4,500
Co
Consolidated Gold Mines
Hollinger
m
—————
Inspiration Min & Devel
International Coal & Coke—.—
International Metals common A
Mines
J
M
....
—
Mines
Jellicoe
Consolidated Gold Mines...
Kirkland
Lake
Lebel
Secord Candy
—
3%c
100
5%
Gold Mines Ltd
Groceterias class A
Class "B"
3.85
Jan
Jun
6%
Jun
5
690
Jun
Jun
2.75
»
255
5%
6 V2c
600
16%
-
9%C Mar
2%c Jan
32,500
3.25
Jan
5%c Mar
17
4%
Jun
Aug
6
14% May
Sep
9
9%
156
6%
Jan
9%
19c
67,603
12 Vic
Aug
69c
69,450
40c
Aug
1,200
45c
V
9%
16c
55c
55c
62c
62c
94%
93%
94%
165
1.27
1.25
1.34
16.025
12c
7%c
13,500
75c
Feb
15c
July
17
17
10
350
11%
11 %
15%
Jan
May
2.80
Sep
2.75
2.85
4.05
4,360
4.665
17% Aug
iJuly
13
3,70 Mar
11%
14
3,605
6%
Jan
2.51
2.70
17,220
2.32
Jan
8.50
850
32c
11,900
25c
Sep
44c
Aug
36c
100
30c
May
40c
Aug
Julv
32
21
18
255
18%
Sep
Jun
19
Sep
13%
14
5,310
12%
Apr
15% July
12
12%
1,405
10%
Jan
13% July
.7%
7%
400
7% Aug
Ltd.
Paving
—
15
Jan
May
97% May
25% July
105%
Sep
106% Aug
32
33
2,441
28
Apr
35 % July
20%
21%
6,105
19%
Apr
23
5,500
5c
Jan
24c
10c
10c
Jan
May
30c
32C
8,150
23c
Jan
41c
Jun
5 Vic
6%c
6,300
4 y2c
Jun
8c
3.40
8c
8c
9c
6.000
5c
Mar
34c
__
Ltd
MacLeod-CocicsKutt Gold Mines
Madsen Red Lake Gold Mines
Malartic Gold Fields
Manitoba & Eastern Mines
l%c Jan
1,000
4c
9.75
10%
75
8.75 May
11,720
70
3,100
30c
90c
11,816
1.04
1.13
2.35
2.90
9,700
1.58
1.90
23,570
18
20
1,440
6.CO
6.25
9c
16
3%c
3%c
1.20
!
9c
15%
6 Vic July
Apr
Jan
1.51 May
11% July
80c
July
1.20 July
3.50
Jun
80c
Jan
2.75 July
14 %
Jan
Maple Leaf Milling Co common
1
*
common
Massey-nams
Preferred
100
Oil pfd
Porcupine Mines
Frontenac
McColl
Mclntyre
3
Mines
1
Lake Gold
McVittie Graham Mines
McWatters Gold Mines
Mercury Mills
Mid-Continental Oil & Gas
1
1
•
Red
McKenzie
McMarmac
Lake
Red
*
Mining Corp
Model
Oils
Porcupine
Moneta
Montreal
Moore
Light Heat
Masher Long
National
Mines
Lac Gold
Grocers
Preferred
& Power
common
Corp
Co
common.
—i_.—.—
—.——*
,
—•
"A"
National Steel Car—2—
For
Sewer
footnotes
see
page
•
—20
1.25c
National Petroleum.—.—
National
*
1
100
1
.*
•
1
50c
58c
21%
21%
3%c
—
Apr
July
1.60
Sep
1,330
21%
Feb
28%
Sep
25 %
375
22 %
Jan
26
4.15
3,300
1327,
2-75
3.40
2.12 May
12,375
2.42
July
14,700
4.50 July
2.75
Aug
1.60
4,500
-
Jan
2.42
Sep
3.35
37,525
3.60
2%c
Jan
Jan
4.25
Jun
3c
Jan
l%c Mar
15
Jan
15
9%
70
7%
Jan
10
8y8
675
55/e
Apr
17
17%
105
;/7%c
8c
6,000
8
8%
776
10
100
13
,
Feb
4%C Apr
7%
Feb
8%
17
lie
9%
Sep
Sep
Sep
Sep
4%
750
4%
_.
Preferred
1.45
Sep
1.94
'2.75
1,200
1.96
Apr
2.90 July
2.60
—
5
'
•
>
3.95
1'.25
>1'
40c
50C
100
35
112% 112%
v-';CT
—i-
-
100
1.00
98
98
.
„
*
62c
9%
8
8
.
8
Jan
107
55% May
63
10
61
61%
490
1.75
1.47
1.77
135,220
1-34 May
18c
12 lie
22c
87,391
12'Ac Sep
55c
25c
29c
4,600
7c
Jan
46c
25c
26c
8,400
15c
Mar
11%
13
2,220
6
Jan
31c 41 Vic
426,900
19%c
Jan
59c
1.95
2,400
2,000
16c
5
14,360
102
1.75 May
15%c
Sep
3
Jan
36c
Mar
1.77
175
12
Jan
39%
Jan
6
;v
• H II'/b
1 oil 9c
——
—
Oils
&
Walker-Gooderham
• tj
Worts com
* r 21%
1
L00
100
78%
Western Grocers common.—1———0 L
—
Preferred
—100
140
West Malartic Mines^
—
1
L88
Preferred
——
...
Mines
.
Western Canada Flour preferred
Lake Gold
Western
Steel
Wesfons
Ltd
common
,
—
"
_100
Wiltsey-Coghlan Mine's"—
Winnipeg Electric common
Preferred
Wood Alexander & James
-
*
24c
Sep
Jun
840
18%
Apr
22% Aug
58
220
46%
Jan
58
425
28
28 y2
325
%c
1,000
22%
250
12 Vic 12
22
15%
16%
595
—
"
—
.
Jun
500
3%
1.96
5% July
Sep
30,125
Jan
6.00 Jan
6c Aug
4.50 Jan
Peb
20/4 May
60c Aug
75 Jan
79 ,2 Jan
121% Jan
97c Aug
12 Mar
15 Jan
104 Feb
4c Jan
4 /4 Sep
60% Jan
86 May
2.95 Jan
3,368
74,100
2,750
180
245
348,625
35
26
100
, 34,350
25
395
85
9,150
2,190
_
30
25
980
2.94
Sep
13% July
Jan
19c
:
5.45 July
63
Mar
22
July
1.09
Sep
94% Mar
152
Aug
145
Aug
2.00
Sep
15
Sep
18
Aug
108
Sep
20c
May
7% Mar
69 %
Apr
Sep
100
4.50 July
23c
9%
27%
8c
18
Sep
Jan
Feb
May
Jun
13% May
33c
12
Sep
Sep
Mar
29
Sep
17c
Sale Price
STOCKS—
18
Sen
July
Funds
Week's
Sales
Range
for Week
of Prices
Shares
Low
Co
&
1
High
Low
12% May
7%
70
5%
Jan
2.15
925
1.40
July
38 %
240
28%
Apr
12%
12%
115
12
Aug
7%
7%
45
7%
Sep
9%
9%
100
8%
Apr
2%
2%
155
7%
8%
5,689
5%
Jan
11%
25
7
Jan
12
Sep
150
78
Jun
81
Sep
7%
Co
Class "B"
ronsHft
'
2.10
common-
Preferred
Burns
Range since January
S
High
37 %
Beath & Son class
Brown
2.45 July
40Va Sep
13
8%
Aug
Aug
—
Vi"e<rars
Canadian Marconi
:
——
Aug
22%
Exchange-Curb Section
Last
Mar
5%
99c
22
11%
—
Friday
Jan
56
11%
■
Sep
7c
3%
10% 11%
6c 9%c
4.65' 4.80
60 611/4
21.% 21%
83c 1.09
78 78%
124%
125
140 140
1,72 1.95
14 % 14 /2
17 17%,
'
107 108
7c
8c
4%
7
63 V2 63%
100 100
3.80 2.95
Canadian
May
2.15
21%
38,050
Toronto Stock
40 %c July
58
33c
108
7%c
4%
1
•
100
preferred. 100
Mlnas
Wrlerht-Harereaves
14%
17%
*
Products
6
Jun
2.94
"ib 4.65; '
Ltd—
Mines,
Sep
Feb
5
900
2.77
Aug
4 %c
75
6c
3%
■
2.78
1 •;(
Mines Ltd
6
6c
•
Waite-Amulet
Feb
40
G
Sep
18
32%
——
Sep
217 8
23c
8%
144-
13% Aug
65c
Jan
6%
970
17
July
5%
Jun
39%
Oils
Upper Canada
Apr
26c
58c
Aug
9%
16%
ft
July
107
5%
33c
95c
Aug
21%
107
15 %C
Mar
Mar
8% Mar
39%
"B"
Preferred
15c
40c
48
-50
"A"——
Wasa
Aug
25
Fuel
Sep
1.15 Aug
101%
16%
ft
class "B"
United
•
~
Jan
112%
Jun
16,620
72c
9%
63c
#
Jun
90c
85
Sep
Jun
12% Aug
55,200/'
25 %C 30 %c
•
1
—
79c-
Jan
110
100
98
•!
1.25
Aug
8%
30
1.00
-1,^.;'
.
1
Rapid Transit common
United Steel
4.00 July
Feb
38c
,1734,100
11%
45c
....
Union Gas Co
Class
250
11%
»■
V
United
17
Apr
1.05
-K- 7,415'.:
1.25,
3.80
3.80
_—1
*
Trust.
Exnloration CCo
City
July
Apr
3.20
15
217
'
——
Transcontinental Resources
Twin
11
16%
16
July
r
Jun
Jan
19%
21
107
11%
14,950
May
21 %
27c
6c
>
General
Towagmac
July
7%c Mar
Jan
1.60
....
Gold Mines
Toronto
4%c
6c
1.60
common
_
27C
May
1.50
__
Thompson-Lund Mark Gold MinesTip Top Tailors common .....
—
Toburn
15c
'
_
4% May
3% Mar
500
%
4.40 Aug
Jan
2.04
2,200
23c
22 %c
15
8% May
69% July
Jan
61
585
35,214
Sep
July
July
July
22
850
1.90
Jan
69
3.65
*
Ltd
6Vic Jan
-
5%
67
Jun
5
Jan
3.40
'■
27%
10%
3.50
22 %c
1.70
Feb
Jan
67%
1
Jan
2%
140
7
7
'
Jan
Mar
Mar
5c
Sep
19
50
14
14
1.25 July
2%c
400
•
_
23
50
•
__
Jan
Sep
77c
21,400
27
4% *
Aug
Sep
5,000
1.45
27
4%
30
114%
Apr
65c
3c
viV;!
Aug
20%
1.32
:i
Sep
Jan
9%
46
Jun
40
—L
'
47c
1.35
>
Apr
Sep
July
12
105%
.
21,515
11,430
,
92c
42c
165
78c
•
Jan
12
100
29
114 114 %
Apr
25
July
1.10
Feb
8%
172
115
28%
1
Sylvanite Gold Mines
Jan
2c
1.03
7%
60c
9%
45%
Jan
9c
Mar
8.75
72c
—
Ventures, Ltd.
15
______
...——
Montreal Knitting common.....
65c
2,743
9%
'•
Mines
Cons
Sullivan
Vermilata
9%
41c
11.945
12
....
Sturgeon River Gold
Sudbury Contact Mines
6.75 July
1.45 July
2c
13
70c
Jan
16
Jun
':r
•
15c
Apr
3.45
2.17
8 %
90C
68c
.—
16
Jan
28
; 2.55
*
Preferred
Maralgo Mines
500
._
Iron Mines
Jan
Jun
90c
6,900
66,100
25
*
1.08
*
20% July
5.70
3,000
1.30
4,00
...——10
Preferred
6c
500
45
a
Aug
Jan
6c
0
13%
390
27
Maple Leaf Gardens common
2 Vic
Jun
50c
13% May
69C
Canada common
6Vic Jan
800
8,600
v-
1.17 '1.60
1
1
1
*
275
1.05
1.05
50c
Radio
United Corp
x
Mines,
155,100
•
——■
Macassa
49c
14%
July
4.45
10c
•
Mar
39c
—1
17
Apr
14%
.
Aug
4c
13
Jan
5c
Jun
1
common
Jun
99
55
3,830
114%
__
Jun
295
i/-
Aug
16
4.10
....
1.00
July
14,000
3%c
3c
27
Feb
35c
3c
16
*
Sterling Coal
Feb
199
4.05
—
Teck-Hughe" Gold Mines
Texas Canadian Oil Corp
10
5
Sep
Feb
29% July
Jan
3c
0
Tamblyn
120
19%
^
Sep
160
18'/8 Aug
275
275
.1
Jun
105
155
110
■
—
9
21%
19
28
19
28
Jun
16
21%
Sep
4.10
Mines
13
105
19
14%
275
50c
Jan
105 105%
15%
Aug
*
77c
Jan
21%
May
15
«
Sep
July
35c
.
7
30c
6,279
45
9%
54 %c
38c
Sep
21c
52c
Apr
50
—
hi- 6%
2,500
7c
—1
__
_
preferred...
90
5,300
32,200
28
Mines
525
31c
120
15C
11%
Gold
27%
Apr
26%
13c
40 %C
13
74c
23
Fee
Mar
6C
Jun
4c
Jan
64c
36c
—
Chemical
Rock
July
1.25
Jan
1.000
26%
*
Steep
July
._
...
7%
31c
5c
1
7
70 Vic
5c
•
_
13
.
9,100
Mines.
Preferred
Sep
2.92
10
Jan
117/8C
41,256
17c
•
Standard
18
75c
1.12
—
Steel Co of
14
8.25 May
15c
Springer Sturgeon
July
Mar
89c
1.00
10
Co
—;
End
Petroleum
May
II
July
•
Mining
Malartic
5c
10
1.65
10
(N)
42c
17%
Mar
4,925
13c
Gold Mines Ltd
Gold
Apr
17'a
Jun
...
.
Apr
17 %
7%
6
1
...
B
26c
26% Mar,
Jun
1.35
—
Preferred
3%c
535
Feb
6
1.06
Simpsons Ltd class A
7,400
30%
1.64
16 %c
*
...
Sigma Mines
Daries
5,145
7,000
30
Sep
5c
Silveroods
5c
30 J/2
1.73
81c
8.35
__
_
Gold Mines
Corp "A"___
Sherritt-Gordon
38c
2.98
Sep
15,300
..
35c
2.85
Feb
3,245
95c
28c
Water & Power
Shawkey Gold Mining
Sheep Creek
Gold Mines
Standard
Aug
1.15
1.30
Shawinigan
Standard
4.50
2.08 May
99c
10
«
South
3.05 July
Jan
1.84
90c.
—
4»/4c
35 c
1.35 July
3.80
_.
...
Senator Rouyn.
Slater
Aug
25
Mar
4,500
_
Mills
Sand River Gold
Sladen
July
1,500
83c
1.20
_
__
__
Antonio
Jun
Sep
44 %c July
36c
Preferred
Siscoe
9c
Jan
2.55
Russell Industries common
47c
9c
50,200
,
■
July
14 Vic
Jun
1.33
1
Merger Gold Mines
Bank new
.
Royalile Oil Co.
__
Class
1.50 July-
Jan
1.15
90c
_
Rouyn
St Anthony
Sep
Mar
99
3 Vic
4.00
Long Lac.
St Lawrence
62c
Feb
28c
2.75
Royal
;
Jan
151,350
34c 44 %C
40c
Sep
Aug
1.07
July
7c
3,166
6%c
Feb
20c
1.15 Alar
11%C
1
—
Mar
90
11 %C
1
Roche
20c
25 Vic
14
Silk
Riverside
Sep
Feb
47C
2.95
,
13c
Mines
Gold
Reno
Feb
Jun
38c
•
•
*
uan
4 %
Quemont Mining Co
Jan
83c
38c
-1
i
1
Aug
53c
3% Aug
Mines
Gold
9c
16,850
12 Vic 12 %c
*
6
—1
32c
106
6
Mines
Mines
Mica
Purdy
1.29
95c
30c
1
Mines. Ltd
Little Long Lac
Loblaw
2,500
Jun
4%c
3
1
—^
Mines
Oro
Leitch Gold
6%
3,535
July
9
!.
16,300
—•
i
Gold Mines.
Cadillac Gold Mines
Laura
8%
6%c
40c
Jan
17c
8,500
63,400
1
Ltd
Lamaque
Lapa
27c
25% May
5% Jan
May
3% May
50
Jan
35c
——_—1—....——i
& Exploration
1
Mines Ltd
1
Mines.
Shore
'V- >
5>/4
20
6%
,■
6%C
Mining
Lake Dufault
Sep
56% Jan
31c
Lake
Labrador
Mines
Bay
Hudson
101
5%c
1
1
Kerr-Addison Gold Mines
Kirkland
85
86c
45c
5
Sep
9,720
4
Aug
6%c
preferred
*
—
International Nickel Co common...—3
International
Petroleum
•
Jack Waite Mining Co
—1
"A"
7c
31 %c
,_1
*
—.100
100
Preferred
Jason
23%
3% May
25
16
90c
——£1
Preferred
—
5%
5%
Imperial Bank of Canada new
10
Imperial Oil
*
Imperial Tobacco of Canada ordinarv_5
Imperial Varnish
Inglis
(John)
Feb
18 %c July
52% Mar
•
"A"
class
84%
102
—*
Smelting..
Bay Minine &
Hudson
15
55
5%
16 %
1
Gold Mines
Hunts Ltd
Jan
98
'
Mar
7c
Jan
7%c Mar
3.25
1
Homestead Oil & Gas
Howey
I Vic
.
3%c
3%c
Oil———•
Home
2%c
3c
7 %
*
.
Jan
500
12c
6%c
—
Paper
Dauch
&
Hinde
Oils
15c
3,500
33,700
5%
22c
Vic
8%
———-.1
Mines —
Highwood-Scarcee
Sep
100% Aug
5%
1
1
1
Mines
Harker Gold Mines
Harricana Gold Mines
Hasaga
103
85
7,500
23 y2
—*
Harding Carpet
Hard Rock Gold
26,370
30c
__
Quebec
Aug
16,000
5%
1
1
1
*
*
24c
26 %C
7c
...
Dome
Proprietary
:{
San
23
20 %C
4
1
Mines.-_,_1_
Queenston Gold Mines
17%
102
98
•
Halliwell
91
Feb
10c
54 V2
1
Swa.vze __—:
Halcrow
110
15%
5
Lime & Alabastine
Gypsum
Jan
11%
21c
Mines Ltd
Gold
4.50 July
Mines
May
Apr
84
65
;
,9.10
•
Common
Gunnar
Jan
1.15
July
10
270
,
Sep
8.20 July
Sep
8%
29c
*
*
1.37
■»
'
5.50
3,580
6.10
Jan
33c
141,920
80c
<
102
vtc
94,420
Metals
8.35
1
2.48
Gold Mines
Mining Co
Gold
East
3c
vtc
Preferred
1.98
1
l.td
Mines
Corporation
Power
Preston
10c
Great Lakes Paper com:
Jan
trust
Pressed
15%
0
—50
4%
84c
Jun
4%c
.—
Voting
88
8V4C
Rubber common
Sep
1,400
•
...
Gold
Rouyn
Aug
Mining
Goodfish
Goodyear Tire &
Preferred —
Powell
Jan
20 %
Mining
Gate
Aug
26%
Mines.
Eagle
Golden
Sep
5%
5%
Mines
Apr
Goldale Mine.——
AUtf
4%
*
Gold
Gold
Apr
8%
Lake-Porcupine Gold
Glenora Gold Mines—
God's Lake Mines Ltd
Jan
1.02
Jan
4%
Gold Mines of B C
Pioneer
15%
86 V2
Gillies
Gold
Gold
Pickle-Crow
23 %
10
87c
Apr
1.20
23c
Paymaster Cons Mines Ltd
90
——
Yellowknife Gold Mines—
July
45C
*
Malartic
85
"
Preferred
Giant
5Cc
14,000
2.20
_
Cadillac
795
68c
General Steel Wares
6,2C0
85c
30c
Porcupine
Partanen
3
5.75
——100
62c
70c
_
...
_
Petroleum
26
70c
common
Power
60c
4
new
19%
5.95
preferred
Apr
5%
Hersey Tubes
May
75
.
Gold Mines
Exploration
17c
«
19%
3
•.
U.
Jan
4
a
25%
3
25 Va
class A—
eo% July
%C
common.
Pandora
Sep
5%
3% May
.
——.
Co
Jan
4
405
Mines
Pamour
Jan
6.00 Sep
Apr
23 % Mar
"
5%
May
63%C Aug
Sep
3.10
4.90
27%
■
43V4
3,000
'
..
Oils
Pacilic
Page
2.70 Julv
Jan
1.G6
5.00
:.
1.6C4
9c
62c
*
Oil & Refining
Pacific
Feb
9c
16c
2.25
—a
57
'
Feb
3%
Feb
56%
9c
Mines
Crush
Perron
of Canada
Gatineau
Malartic
Pacalta
12% July
9%
7%c
Aircraft
Frobisher
9% July
15
27%
v"-
2.80
56%
Mines
Preferred
26% Aug
195
45c
Players
Francoeur
Apr
12
16c
Nickel Mines—.
Ltd
_
Gold
Orange
Sen
Apr
5%
2.26
»'
Farmer Candy Shops.
Federal Grain common
Co
7%
Jan
*
7
21%
720
985
8%C
Co
Malartic Mines
Foundation
19%
5%
5%
Fanny
Ford
Omega
Jan
1.89
common
Gold
O'Brien
31% July
Aug
11%
Preferred
O'Leary
Mar
59 %c
1,805
■»
North Star Oil
May
58,000
2.25
c
Mines—
42
May
18
'
25
7%
v%
2
Sullivan Mines
Fleet
19%
590
—————-
Oil
Falconbridge
Corp
5c
1.15
2.10
Jan
i
Mar
25
1,505
18%
24%
.-
33%
26%
25%
,
18%
—1
—
Dominion Woollens common..
Famous
2 %c Aug
355
'
L.— '
Dominion
East
1,500
37%
37%
Ltd
Mining
Mining
Canada
Jun
Sep
1.05
_
Mines
Normetal
Sep
180
Jan
2.17 Ju)v
1
Northern
1.12
Jan
"
Dominion
Eastern
3c
36
90c
__
common...—
Foundries & Steel com
Crest
1,000
2 Vic
90c
Mines
Dominion
East
90c
70c
-
_
*
18c
Mar
12c
.
•
Duquesne
Mines
Aug
24 %
High
Low
160
4
175
2.10
Noranda Mines
Norgold
Range Since January 1
High
1.13
July
2.84
May
3.500
15c
14c
Dominion Bank new
21
25
24%
141
Jan
1.13 July
175
eg us
Preferred
Seagrams
Mines
128
Z
July
July
>
55% July
38% Jan
1,875
49%
47
139
1.21
ion
Mines
Nipissing Gold
in
Low
Trust
National
1.75 Aug
24 %
Nickel Mines
Dome
Jun
1.49
Petroleum
Nickel
1.15
14%
Imperial Mills
Distillers
200
1.25
Cosqaos
Denison
1.60
49%
Exploration
Conwest
Jan
2.20
10
Gas (Toronto)
Consumers
15Vic
1.58
Bakeries
Mining & Smelting
Consolidated
65,396
14%
Mines
Coniaurum
38c
1.60
J.'
—
Mines
Coniagas
July
38c
33c
36c
Sale Price
Par
High
Low
High,
STOCKS—
1
Range Since January
Shares
of Prices
Low
Coin
Last
for Week
Range
Sale Price
STOCKS—
Sales
Week's
;
Last
Consolidated
Press
consonuated
Sand
"A"
preferred
11%
'
100
81
81
1.80 May
10
2%
Jan
Sep
9'/8 Aug
1326
THE COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN
RANGE
Week's
of Prices
Par
Dalhousie
Dominion
Foothills
•
Bridge Co
Oil
•
Gas
&
Paper
Minnesota
Ontario
&
1.10
1,560
16
17%
240
Paper
Lo
1,890'
30
1.05 May
13
19
Feb
July
15%
Apr
22%
1,520
10%
Sep
12% July
10%
10%
3 %C
3%C
3%c
Osisko Lake
1
28c
Pend Oreille Mines & Metals
1
Reliance Grain preferredSupertest Petroleum ordinary
Temiskaming Mining
Thayers Ltd 1st preferred
*
500
Aug
3 VeC
Jun
5c
Mar
15c
Jan
49c
Jan
23c
1.35
2,350
97
20
97
Sep
97
Sep
36
_
28c
1.20
97
_
36
68
20
Mar
36
1
9c
14,600
29
13
7%c
8c
Class
1.10
1.72
Sep
Feb
1
Corp common
preferred
A
St Lawrence
St.
Flour
Steel
of
Co.
Canada
29
lie
Mar
Tuckett
30
July
Winnipeg Electric
Tobacco
Zellers
6 7c
Montreal Stock
Canadian
Par
Low
Acme Glove Works Ltd common-.-,—-*
Preferred
common
Ltd
i
pfd
Electric
&
Tel
"A"—
Eruck
Silk
Lt
&
Jan
17
Jun
112
Jan
113
Jan
13
86Va
233
85%
Sep
98%
20
96%
Jan
10
2,000
8
Jan
52%
52%
55
47
Jan
21%
22
391
3%
3%
7
18% May
3% Sep
28% Mar
40
24
14%
100
101;
155 %
155
149
20%
21%
•
Canada Iron Foundries
com
Canada Northern Power
Canada
5%
Steamship
common
Preferred
Canadian
New
Bronze
common
Canadian
Celanese
6%
new
9 Va
Jun
15
Aug
Consolidated Mining & Smelting
Glass
Crown Cork & Seal Co—
Dominion Bridge
Dominion
Dominion
preferred
Dairies
preferred
Dominion Foundries & Steel—
15
Sep
18%
Sep
26
26
60
26
Sep
28
Sep
15 Va
15%
819
15
Sep
15%
Sep
49
49
$23,000
48%
Sep
50%
Feb
10
Dominion
Steel & Coal
preferred
7'fa
cum
Aug
9%
Apr
12%
Feb
Jan
40
Aug
Canada
5%
Jan
8%
Jun
Canada
41
Jan
8
50
25
45
Mar
Jan
39
Aug
Apr
33%
10% July
Jan
28
Feb
75
36
Jan
45
Jun
25
22%
Jan
24
Feb
160
25%
Sep
26
Aug
35
Jun
Dominion Textile
Preferred
common
Canada
Canadian
Power
Foundation
Co
of
7%
Canadian
&
Paper Inv.
Ltd
cum
5%
Catelli Food
55
5
Jan
6% July
Claude Neon
New
preferred
Gurd
(Charles)
General
Preferred
July
48
49%
483
39
Jan
55% July
31%
245
27%
Jan
32
Aug
37
Consolidated
115
29%
Feb
37
Aug
Dominion
41% Mar
Oilcloth
235
33'/a
29%
85
23%
Jan
31
July
350
12
Sep
14
Jan
21%
21%
24%
Hudson
Imperial
7
Apr
200
9
Jan
12% July
455
110% 110%
71%,
:
71%
8
Can
5%
&
15% July
;
12j il2»A •;) )!
7%:
>1
890
> )l
10%
Jan
v
13 Vs July
750
7
Jan
26%
180
21
Mai-
96
Mar
100
Jun
12 / ' Jan
15
Jun
27%
32
33
21
22
\
7%
Aug
26%
Sep
45
;
22
Jan
27%
Sep
418
28
Apr
35 Vs
Jun
1,050
91%
350
70
/II
110
110
25%
25%
15%
16
16
15
8
8
5
14%
980
22
™
Apr
76
Apr
Jan
23 %
Aug
92
July
19%
Apr
22%
Jan
20
Jan
27%
Feb
10
106
Mar
113
Mar
26
75
23
Jan
26
% Aug
15%
200
13
Jan
16
Feb
13%
Jan
16
July
•
8
Apr
8% Aug
8%
II
23%
8%
245
8
Feb
9%
Jun
7%
7%
175
6%
Apr
9%
Jun
23%
23%
35
Jan
27%
Jun
132
21%
132
27
21%
22
20%
19
20%
2
19
40
19
36%
37%
2,840
492
_I
46
46
50
16
16%
830
■
16
126%
Jan
132
Apr
22% Aug
19
Sep
24
13%
Feb
19
33
Jan
Sep
37% July
40% May
46
13%
18
Jan
Jan
23
60
15%
Jan
26
56%
772
48%
Jan
60
Sep
July
July
July
27
II
II
27
85
23%
Feb
27%
Sep
14%
15%
175
13%
Jan
17
Jun
5
5
315
4%
Feb
5% Mar
IIIIII«
™
26
26
4
24
Feb
27
_—10O
7%
Aug
7%
7%
215
7
Jan
9
Mar
55
•
»
Regent Knitting Mills common—I„II4
Paper common
Saguenay Power preferred
—100
1327.
55
5
49
6
28 %
—100
...
page
May
18%
23
»
I*
July
26%
21%
I-.III*
Ltd common
see
32
12%
22
_*
Rolland
footnotes
26% Mar
"
II
6%
104
27%
29
1,075
19
100 100%
25
92
Jun
Jan
Jan
13
13
85
10%
10 %
100
11
10
9
Jan
103% 103%
5
100
Feb
11
II
5%
Apr
.
12
May
7 % Mar
55
Sep
8
Jun
31
Aug
101
14
Aug
Feb
10% Aug
11% Aug
104%
Sep
50%
30
43 %
Jan
51 % Aug
80
80
12%
12%
165
165
14%
&
International
5%
St
Jan
Feb
12
Jan
25c
25c
3
3 Va
3Va
6%
15
6% %
200
10c
Mar
800
2%
6%
40c
Jan
1,000
•:
Aug
Jan
3% July
Aug
15
25
15
Jun
15
13
13
1
10
Jan
13
7%
8%
2,974
Jun
26
26
105
24
Jan
34%
34%
145
23%
Jan-
35%
5%
5%
65
3%
Jan
8%
8%
607
7 Va
Apr
7V8
8%
.100
2
5% Jan
150
Aug
5%
10
2
Sep
Sep
May
23% Apr
Feb
July
3% July.
75
75
100
75
100
3 Va
Sep
3
3Vs
545
3
4
*
Jan
25 %
25%
26
310
A
pfd
Limited
46
Apr
4
Aug
22
Sep
10
19%
Aug
20
5
16 %
Jan
18% July
2 3 ¥4
Feb
20
20
__
18%
18%
2%
'
28
21
28
20
20%
21
570
18
16
35
15%
Apr
21%
285
19%
Jan
106% 106%
43
8 Vo
93
10%
103%
10%
25c
105
vot trust..4
1:75
1.75
55
4
29
29 Va
205
57%
4
57
3%
573'i
96
96%
_1_—
23%
23%
Co Ltd common——
pfd
16
16
97%
110
10,
103 104%
43
24c
24c
100
*
:
Walker-Gooderham & Worts Ltd H
4
60
Hotel
5
Manufacturing
24c
GO 7 a
5,873
160
5%
206
■
98
Sep
30c
Jun
Jun
Mar
63
Feb
4 %
27%
Jan
v
106% May
May
57%
24
28%
to CO
22%
Sep
17c
Feb
May
23% May
Jan
Feb
103
Sep
5%
100
July
12
92%
Sep
A'ur
57%
Jan
20
5
97%
Sep
1.75
Jan
91%
110
*
25c
32
3% Aug
40
4
;
12% July
Jan
Aug
46%
'50
,
Aug"
Aug
8% Mar
Sep
28
625
3%
Pfd.:—100
16%
Sep
1.25
23>s July
107
Jan
10
25c
Sep
22% May
Jan
7%
1,085
25c
Sep
28
;
Jan
16
21
21 %
10%
Preferred
Feb
Jan
*
1st
Sep
4% July
Jun
50
8Va
4
67o
45
Sep
100
18
5
22
4
Company.:
Ltd—
of Can.
25
3%
8%
Ltd
Aviation
46
3%
10
Paper
Power
Jan
Juri
30%
Jun
3
26%
Jan
90
25
21%
100
pfd
20
5
4
__
4
lGu
1,195
100
46
"
com
28%
4
4
"
pfd
6 7o
28
100
__
100
20
5%
28 %
4
Ltd
Southern Canada Power 67c
Southmount
Investment
Windsor
Mar
Sep
A
Quebec Pulp & Paper Pr
Woods
70c
10
__*
Ontario
Reliance Grain
Apr
2% Mar
Jan
May
50
2
Corp
Ltd
Corporation
Corp.
15%
Aug
1.85
50c
*
P
Distilleries
Noorduyn
Power
5
___•
...
Montreal ltefrig & Storage
$3 cum preferred
Moore
14 %
250
Sep
9% Aug
33
Jun
1!
McColl-Frontenac Oil
&
22
2Va
50c
10
•
(Can)
&
Island
14%
50c
10
MacLarcn Power & Paper Co—___"
Maritime Teleg and Tel Co Ltd
-10
Melchers
Aug
4
Ltd
Utilities
Co
Jan
12% Aug
166
*
Paints
Massey-Harris
May
7
—
Canada
P
99
Aug
Jan
145
100
Ltd
John
78
10 %
10
Sep
Jan
*
Linoleum
preferred
cum
31
70
Feb
v
2 %
50c
5
Inter-City Baking Company Ltd
Mar
5'%
30
3ep
July
Mines—
Aldermac Copper Corp Ltd—.—1
Arno
Mines
Aubelle
Ltd
Mines
Gold
_____—1
Ltd—
Mines
CavlitU'-Malartic Gold
Cadillac
Mines
Francoeur
Ltd
Hasaga
J-M
Mines
Ltd
Mines
Labrador
Ltd
Mining
&
Mines
Normetal
O'Brien
Pato
Mining
Cons
Perron
Gold
Gold
Gold
Gold
6c
7%c
.1,000
4c
Ltd
July
15%c July
7c
1,500
2%c
2,200
2%c
Jan
9c
1,400
1.75
May
3.25
26%
50
80c
3,400
39c
39c
3.05
.1,100
25c
25c
1,000
1.10
600
—4
62c
62c
500
2.00
2.48
13,250
—1
4.50
4.50
100
1
1.14
1.15
1,200
1
5¥4C
6%c
11,900
2.20
Jan
13 %c
26% May
38c
Jan
2,000
1.10
38c
.
Sep
July
Julv
Sep
30% July
80c
Sep
39c
IV2C
:
Jan
6c
Sep
July
3c
Jan
15c
July
1.51 May
14c
1.10
62c
1.38
3.40
90c
3.50
July
Mar
25c
Sep
Sep
2.05 July
80c
Jan
Jan
Sep
4.35 July
Jan
5.00 Aug
May
1.35 July
3%c Jan
8c
May
—1
74c
79c
1—4
8,100
1.35
1.35
1,000
1.35
1.50
1.58
4,650
3.35
Sep
3.50
3.65
500
1.50
Sep
4.60
4.35 Aug
1.95 July
4.60
300
Feb
5.00
86c
May
1.08
5,600
Aug
1.08
Sep
Mines
1.56
Mines
Aug
10c
3.25
76c
Aug
92c
,
5%c
2&%
4
—1
Ltd
July
3.00
—1
!
July
5c
G9c
Jan
2.70
Ltd
31c
Jan
3,500
—1
Waite Amulet Mines Ltd
Lake
71c
100
8,000
Sullivan Cons Gold Mines Ltd
Wasa
30,325
4c
Springer-Sturgeon Gold Mines
Rock Iron
60c
8%c
9c
Ltd
Mines
50c
4c
Shawkey Gold Miniiig Co Ltd—
Siscoe
Sep '
15c
8%c
9c
Dredging
Mines
'
4
Corp
Mines
Jan
Aug
—1
:
Gold
t
2c
50c
5c
3.00
Exploration——I '
Mines
Jan
2,500
12,000
Ltd——1
Ltd
McVittie Graham Mines Ltd..
Neus
6,000
4c
90c
6c
i
1
—1
Gold
Mines
24c
86c
7'%c
__
4
Mines.
Gold
51c
Ltd
Ltd——i__——.'1
Consolidated
Joliet-Quebec
1
1
Mines
Gold
Gold
87c
1
Cochenour Wilans Gold Mines—
Dome
20c
3 %c
1
Mines
Mines
Bouscadillac Gold
Central
•
1—4
___—
Aumaque Gold
Beaufor
Steep
Quebec Power
For
106% Mai-
80
1,537
16 V2
0
4
Canada
Co
40
u.H
14 on
»
common
common
preferred
u
30
25
common
Products
Electric Rys
Bros
111
50%
Sep
•
Feb
Hydro-Electric Securities Corp
Minnesota
19% July
111% Sep
22%
5
Companies, Limited
4
Goodyear Tire & Rubber of Can Ltd.4
Montreal
30
90%
'
Jan
107
Jan
93
Fraser
6%
Jun
40
Aug
25
common—.*
preferred
Motor of
9% Jun
56%
Ottawa L H & Power-common,
Price
13%
Apr
111
•
Aircraft
of
Feb'
20%
•
Noranda Mines Ltd
Corp
10
27%
_♦
_
Penmans Ltd
Jan
265
100
common
Preferred
Steel
8
.15
*
Steel Car
Corp
Niagara Wire Weaving
i—
Car
Jun
14
100
National
Ottawa
13
15
.
Jan
Jun
6%
40
21%
8
May
100
*
common
7% Mar
Sep
5
100
*
Aug
10
100
*
Apr
17%
25
7%
22
90
102
185
13%
33
Jan
Mar
Aug
260
30
26%
85
11%
100
275
•
preferred
•
July
5%
Ill
Ford
International
10
May
20
Aircraft Ltd—
Grain
Aircraft
Lake
8%
18%
Federal
Fleet
Sep
11%
18
Pairchild
20
8% Jan
31
104
644
35
Doiuiucoua Paper Co Ltd
Aug
Apr
50
261
5
Paper Corp Ltd
27
5%
•
II
Sep
Sep
38
105
21%
100
Loblaw Groceterias Co Ltd A
3
*
Ogllvie Flour Mills
7%
8
4
—
Power
w-
14
22%
Ltd
Woollens
Apr
21
Bakeries of Canada Ltd—_4
Consolidated Div Sec preferred
—2.50
14%
243
8
*
(Robert)
Jan
July
11%
5%
3
Montreal Lt Ht & Power Cons
Montreal Tramways
Ottawa
8%
•
Ltd—.
May
200
100
common
Breweries
9
7%
15
1_
Murphy Paint Co
100
9
38
1.55
104 y8
21%
Consol
Dominion
2,225
5
_
23% Mar
55
_100
Ontario
191/2
8
20
.
1
50
*
Lindsay (C W) common
Massey-Harris
McColl-Frontenac Oil
National
40
4
common,
—
Cottons
1,035
25
100
Pieferred
Montreal
14
6% May
260
common—*
International Petroleum Co Ltd
International Power common
Mitchell
July
86
common
Lang (John A) & Sons
Laura Secord Candy
Feb
163
101
25
Woods
74
Feb
15%
common—5
Int Nickel of Canada common
the
Apr
100
Preferred
Paper
68
155
255
86
/
Sep
7
.
101
5
110%
Apr
22%
■
Jun
104
15%
—£i
Preferred
:
9
•
_____
International
13%
12%
60
162
•
»
International Bronze
of
&
_•
Acceptance Corp
Preferred
Lake
,14
Jan
8
200
71%
162
7%
•
Preferred
Industrial
Apr
Jun
1,370
common—.:
of
22
7%
Ltd
Tobacco
300
•
Mining
Oil
24
11
100
Bay
Apr
100
Preferred
Imperial
17%
7%
25
Hollinger Gold Mines—;
Renfrew common—__'
Paper
100
11%
common—
Smith
■
25
22%
Holt
Howard
Feb
2.10
20
100
Engineering Works Ltd
Dominion
37%
12%
608
2.00
—4
Commercial
July
12
23%
—*
Advert Ltd
Alcohols
2
23
*
*
Products Ltd
July
7%
Gypsum. Lime & Alabastine
Hamilton
Bridge
July
7%
High
4% July
49% Aug
Apr
_*
14
4
_
2.40
Low
2%
100
14
na/4
common
Sep
Apr
pfd.;
70
100
—
23%
com
Jan
10%
„
Mar
common
7%
6% July
-h~--*
common
preferred
General Steel Wares
8%
Ltd—"
Jan
1
5 Vo
Aug
Sep
class "B"
Vickers
Feb
11
_•
Aug
%
7 %
7%
pfd___100
Investments
Jan
.
Canada
110
Sep
100
11%
.
Gatineau Power
Jan
5
pfd—100
Casisdy's Limited
Jan
7%
,t
Apr
GO
10
Canadian Lt & Pr Company—100
Canadian Marconi Company
1
5%
n%
.
27
100
6
_*
Power
General
24%
29
*
2,782
110
5
Ltd..——
Co
Northern
Canadian
10
*
llOO
48 ¥4
110
•
Canadian Industries Ltd
75
26% July
9% July
—
—
46%
110
Sugar Co
10%
__;100
Dryden Paper
Electrolux
Corp
English Electric "A"_—
Famous Players C Corp__
48%
*
...
Dominion
30
_4
—
2,482
—100
—
Preferred
5%
U
3%
Ltd —.
Calgary Power Co Ltd 67c
Malting
Range since January 1
High
3%
common——_—_____—1
&
Shares
100
preferred—
Co
31%
162
41%
371/4
Sales
for Week
Low
Brewers & Distillers of Vancouver Ltd_5
British American Oil Co Ltd
:
*
860
,
26%
62
Week's
Range
of Prices
3%
__
Brandram-Henderson
Jan
25
B
Dominion Stores Ltd—
Sep
•
27
__
14%
Funds
Friday
Last i;;
Par
Paper common
60
25
Dominion Tar & Chemical common
Preferred
;
15 Vs
Sale Price
592
—
Sep
Sep
Sep
2,245
12%
15%
14%
70
'
Sep
Jun
16 %
37
25
22%
29
160
31
•
Coal
Feb
Jan
840
11%
4
18%
27%
220
12%
*
_____
100
225
17
10%
49
21%
28%
Apr
15%
12%
5
Distillers Seagrams
21%
28%
7% Mar
691'4
14%
11%
_*
Sep
Jan
15%
w_
Consumers
Va
Sep
62
Notes
&
6%
9
23
<>;
159
5
25
16%
-
Power
5%
•
Jan
889
63
14%
■
Abitlbl
30
__25
154
5%
63
liSP/4
_______
Power
5%
*
Canadian Pacific Railway
Cockshutt Plow
15
Jun
16%
STOCKS—
5
25%
0
76
159% 159%
Canadian
20% May
117 Va July
23
__
69% Aug
Jan
28%
__10'
Aug
25%
•
Feb
69
Montreal Curb Market
150
44
41%
*
Montreal
257
.
7%
*
A
Jan
271
10%
26%
'
63
7
Bonds—
Brown
50
Foreign Investment
Locomotive ;
Jan
6%
3,385
—
Feb
15
V-
14%
Royal new
20 % July
103 % May
12
Jun
750
10%
Ind
Class "B"
14
Jan
15%
42
37%
Canadian
Canadian
460
38%
4
common
15'
235
8'A
9%
preferred (new) —100
Alcohol
18%
37%
Canadian
157
Sep
10%
—
Cottons
75
.10
Jun
37%
__1—*
common
Rights
Canadian
151% Mar
11
*
26%
75
Jun
24% July
\x\ 11
5
Jun
24%
43%
25
68
w
142
Feb
..10
...
16% Mar
Jan
*
preferred
40
Jan
Sep
7%
♦
Canadian Car & Foundry common
13%
8
io%
7%
Jun
—.-10
new
new
new
Sep
20
37%
__
37%>
•
common
3%
70
6'%
50
Breweries
Jan
8%
63
25
Sep
335
13
•
preferred
Canadian
21%
50
_
Aug
1,433
114% 115%.
*
60
9%
*
July
11
(new)—100
—
52%
24
18%
8%
115%
128
140
23%
■
18'%
*
—
10%
10 %
•
_____
5
140
rtScp
101V2 July
18 %
11
5
—
Cement common
Preferred
21%
'•
20
68
'
_4
15
Jan
99
40
Pwr
85
Feb
Sep
Jan
16
9%
159%
July
60%
13% May
Jun
14%
Mills——
35
Apr
May
9
•
Building Products class A—.
Bulolo Gold Dredging
Canada
13%
1
__
Brazilian Traction
16% July
Apr
23%
,100
common
Nova Scotia
Jun
850
*
Bamurst Power & Paper class A
Beli Telephone Co of Canada
..
10
11%
io
4
20
19%
^
'•I .'.v'1-
High
Jan
99
__
Tel
5%
113
—
,
Preferred
50
11%
*
Anglo Canadian Telephone Co pfd—50
Asbestos Corp
•'¥' 21%
Associated
Low
6
17
85%
85%
100
Corp
Range sine* January 1
11
—
*
of Can
Co
Amalgamated
.'_*
——
Shares
113
—100-
Algoma Steel
Aluminium
Aluminum
__
Montreal
High
6
17
__
__4
3,902
Apr
46%
Banks*-'
for Week
of Prices
14%
*
common.
preferred
Commerce
Sales
Range
Sale Price
Ltd
14
13
32
'
9%
100
preferred
i
Canadienne
Week's
Last
STOCKS—
Exchange
Funds
Friday
common.
"5
...
Aug
27
25
.v
HiQh
3% July
2% Mar
250
"••'•A
'
0
34
58%
•
common.
675
34
:
_
Preferred
16
15%
14%
*
Power
390
57%
"
;-r:T
Canada
Range since January 1
Low
2% '
58%
»
Breweries
Southern
Shares
High
2%
15%
I-'II-.:'-
-100
Sherwin Williams of Canada common,*
Preferred
,109
Preferred
Agnew-Surpass Shoe
*
_
Paper preferred
Shawinigan Water & Power
Aug
8c
common,
Lawrence
Siks
2%
-50
■'
Mills
Low
»
Sales
for Week
Range
of Prices
Par
f.
Lawrence
July
0
1,540
4i\
Week's
Sale Price
-V%
St
July
1.45
Jun
500
10%
Selections
Jan
24%
Mar
41c
22
a
Oil
Friday
:v
High
Aiay
30c
,i
21%
'
—
_
510
1.05
•'
—
29%
16
_
International
31C
29
1.10
0
Hayes Steel
High
29%
22
Last
Range since January 1
25C
25c
MARKETS
SEPTEMBER
STOCKS—
Shares
Low
*
Oil
ENDING
tor Week
l,»M
Sale Price
LISTED
WEEK
Sales
Range
Friday
STOCKS—
FOR
Monday, September 25, 1944
1—1
—_—50c
1.00
42c
4.55
70c
Mar
Sep
i
1.25 Julv
':*•
1.55
Jun
Oils-
British
Home
Dominion
Oil
Homestead
Co
Oil
Oil
—2
Ltd.—
&
Gas
1.01
•
Ltd
:
1
2.95
1.01
1.01
1,000
1.01
2.90
2.95
900
2.90
Sep
Sep
4%c
4%c
10,000
4c
Jun
1.30 July
3.65 Mir
4%c
Feb
1227
Number 4319
160
Volume
CHRONICLE
COMMERCIAL & FINANCIAL
THE
OVER-THE-COUNTER MARKETS
Quotations for Friday Sept. 22
-
AA
mod
mod
Shares
D
Howard—
Fund
Fund
pfd
$3 conv
31.90
17.13
3.25
3.85
28.42
10.67
Bond
11.62
11.28
12.33
series B shares— _•
voting shares
25c
3.80
1.32
1.45
1
7.88
8.52
\
Low
Tr
Fund
5.70
~6.50
1.27
"1.40
series
Equitable
American
Fidelity & Casualty_5
6.94
American
7.36
American
Re-Insurance
3.87
American
Reserve
io
7.16
7.92
American
Surety
25
5.33
13.93
7.46
9.73
10.70
9.73 >>
10.69
39%
Building supply
w.———
stock
'
7.58
Chemical
20.50
1.83
2.01
Electrical
6.08
5.44
4.40
25.13
Oils
6.85
10.17
5.79
Railroad equipment
7.56
8.32
Steel
4.51
6.08
6.70
34.27
36.85
5.57
6.00
—
North
Series 1953
Securities—
Agricultural shares
6.50
Automobile shares
Aviation
shares
G.49
7.14
7.63
8.39
5.71
stock
shares
shares—
Utility
'
*
•
'
•
,
——■
\\
V
v
Holding Corp
Income Foundation Fund
Common
Independence Trust Shares
Institutional Securities Ltd—
5
•
America—10
1
of
Fund C
Investors
C—
1.46
1.59
22.37
24.05
2.26
2.55
:
25.77
20.90
22.92
8.74
7.00
7.66
19.11
20.89
17.00
-'
—
A.
.
1.82
B
13.49
16.83
1
Wellington Fund
11.97
98c
85c
_.
Stock Fund B_—
Union Preferred Stock Fund
U S El Lt & Pwr Shares A
42%
45%
1.12
12.13
13.39
25.35
27.55
A Blair
13.09
13.40
AFirst
Manhattan Co.—10
100
10
Brooklyn Trust
100
Central Hanover Bank & Trust 20
Chase National Bank
15
Chemical Bank & Trust
10
Commercial National Bank &
Trust
Co
20
Bank of the
Bid
103%
I960
24'A
25%
432
444
5414
105
1C2%
55%
107
Trust—10
Bank & Trust_20
1
50
Continental Bank &
Corn Exchange
Empire Trust
Fiduciary Trust
5014
5?%
4714
21%
50%
49%
23
53%
78%
82%
*26% 4'28%
100 1,615
National Bank
First
39
106
41
1,715
2%s_1963
1974
Corp
Bid
series A
4s
Youngstown—
1988
1988
Indianapolis & Louisville—
4%s series B—
Chic
1st
4s
2nd
—
.'
4%s
Milw St Paul &
Chicago
1983
2003
___
Pacific
1994
1st 4s
Gen
income
Gen
income
4%s A
2019
4%s B——2019
1st 4s
Orleans
Conv
Denver
&
Income
Rio
Grande-
4%s
1st 3-4s income
Minn
1st
Gen
St Paul &
2018
1993
Saulte Ste M—
4%s—
mtge 4s
income
1971
1991
47%'
71
31%
63%
512
38 %
50%
76
33%
Ask
4 Vis
San
100'A
101%
101
101%
106%
107
(Indiana)—
(New
1972
—
Diego Gas & El 3%s__1970
Carolina Elec & Gas—
109 V4
110
10814
109
111%
112%
South
103
1972
Southern Colo Power 3%s__1968
Utah Power & Lt 3%s
1968
West Penn Power 3s
1974
York Corp. 4'As
1958
3 %s
99%
104%
103
106"%
103%
1973
1961
Line—
1953
1973
Hampshire)
314s series A
.—1973
Puget Sound Pow & Lt—
Public Service
__
106%
2%s
105
104%
3lAs series E
107%
101%
109%
„——
104%
104'A
Public Service
Ask
—100 172
_100 200
100 322 V2
Irving Trust
:
10 15
Kings County Trust
100 1,595
Lawyers Trust
25 38 '4
Manufactures Trust Co com__20 50%
Conv preferred
a—20 5114
Morgan (J P) & Co Inc
100 249
National City Bank
;_12% 37%
New York Trust
25 96%
' Public Nat'l Bank & Trust—17%
42%
Title Guarantee & Trust—:—12
9%
United States Trust
100 1,415
Pulton Trust—
Grace National
% %
1945
1%%
15,
tDec.
15, 1945
1946
108 '/a
108 ;
107 %
107
106%
■
107
15,
1,645
tSept.
15,
t%S
100.10
1%%
100.12
100.13
—._1%%
100.29
100.30
1%%
of a point Price 100 Plus
Dollar
Bid
.0523
100.21
100.20
vh'0
—
—
1945
t%S Aug. 1,
t%s Sept. 1,
001
——
-
Ask
.0323
.0756
1944
1,
1944
t%s Feb. 1, 194510.90s Mar. 1, 1945—
t%S Apr. 1, 1945—
t%s May 1, 1945
t%S June 1 1945-
100.30
41%
Oct.
t%s Dec. 1,
100
100.5
-
1947
1948
Notes
Indebtedness—
Certificates of
100.9
100.29
1946
15.
tSept.
represent one or more 32ds
Maturity—
Ask
100.4
%
1%%
fMar 15 1947-
16
100.9
99.31
%%
1
tMar 15.
tDec
—
330%
Bid
100.8
1945
tMar
Bid
decimal point
Int. Rate
.0830
.0748
.0862
.0797
.0924
.0643
.0776
.0694
.0805
.0779
.0800
.0694
1945—
.0915
.0969
.0880
53
53%
259
39%
100%
Obligations Of Governmental
45
10%
Bid
Ask
1,460
Feb 15, 1945
Loan
Home
Federal Land Bank
3 %s
100.6
b0.90
0.75%
1955-1945
194(,
101.24
f
and if issued)
101.26
1947
..-1961
Panama
103.15
104.13
Converslon 3s
n g
Ask
102.3
103.13
U S Conversion 3s
Canal 3s
Bonds-
Bid
102.1
\s ^n' J'
88 May lf l056"1946
Other Issuet
Bank—
1944
15,
June
100.4
Agencies
Federal Land Bank Bonds—
8s 1955-1945
Commodity Credit Corp—
104.16
103%
103%
105%
105%
133%
134%
Ask
Inc
Pacific—
4%s.
.2014
mtge
103
105
98
Stocks
81%
83%
50%
52%
&
Canton
Akron
104%
Youngstown—
38
Paul & Pacific
Common
68
70
Preferred
54
56
Chicago Rock
Island & Pacific—
102%
64%
55 %
56%
82%
83%
5%
& Rio
Preferred
Denver
Minn
St
Free
v
c
105%
71%
72%
Western
Pacific
Preferred
38%
15%
40%
common
..
Treasury
Ask
bills—
b0.37
September 28, 1944
October 5. 1944
October 13, 1944
18
b0.37
b0.37
b0.37
b0.37
b0.37
0.28%
0.30%
032%
0.32%
.
discount at
Bills
purchase
***
/*'
9, 1944_,,
———.
16, JL944———24, 1944
30, 1944
7, 1944—
14, 1944
December 21, 1944—
—
November
November
November
November
December
December
b0.37 0.33%
b0.37 0.33%
b0.37 0.34%
b0.37 0.34%
bO.375.0.35%
b0.375 0.35%
b0.375 0.35%
42%
14
quoted are for
Bid
41%
13
Rates
16%
October 19, 1944
October 26,
2
30%
31 %
67
68
k Removed
x
1944
2, 1944—
November
•No par
1%
Optional v t c
104%
15
41%
Grande com
Paul & Sault Ste M—
t
14
17
*
100
preferred
85
37%
preferred
40
83
Common
5%
United States Treasury
—
Chicago Milw St
63%
Service
Public
102%
104
102
1974
Mar 15,
Guaranty Trust
Western
95%
96
101%
101
102%
Gas
Quotations For U. S. Treasury
Par
Common
Island & Pacific—
1994
income 4%s—
2019
Chicago Rock
■
Ask
93
103%
36*%
34%
Bid
Canton &
497
3%
33 Vb
1
10
& Co——
Boston
3 la
Reorganization Rails
Bonds—
105%
1979
2%s_1974
Louisiana Pow & Lt 3s
1974
Mengel Co 3%s
1959
Miss Power & Light 3%s__1974
National Container 5s
—1959
New Jersey
Pow & Lt 3s__1974
Natural
Panhandle Eastern Pipe
2%s debs
109%
103
101%
109
City Term Ry
0.85s
Akron
101
'108%
4%s
Kansas
tlYe%
as
,
Light 3%s_1974
Florida Power &
Federal
(When,
60%
Corporations
Ask
Bankers Trust
.
Public Service
3%s
Okla
106%
103%
102%
107
3%s
Power
Florida
Northern Indiana
103%
3%s„_1969
—
Light & Power 3s—_ 1974
3%s
Banks & Trust Cos.
Bank of New York
10
Travelers
100
IT S Fidelity & Guaranty Co„2
U S Fire
4
U S Guarantee
10
Westchester Fire
2.50
103 %
3%s
Maturity—
Par
3614
125%
10
25
Ask
Bid
1964 ' 103
Atlanta Gas Lignt 3s——1963
103
Blackstone Valley Gas & El—
3s
1973
106
Armour & Co
Figures after
New York Gify
34%
120
10
Recent Bond Issues
New
Investment Banking
1.01
shares-
B——
.Series'
Hartford Steamboiler Inspect-10
Chicago Union Station
76c
24.99
A
————;
Unidn Common
89c
Group shares
Investment Co
•
Series
10.92
shares
shares
Aviation Group
Insurance
-
81
28%
27%
101%
Fire
'23%
71%
47%
Springfield Fire & Marine
Standard Accident
27%
25%
97
8
10
—:
21%
68%
45%
Security New Haven
25
'
27%
Marine new_12%-
Seaboard Surety
8%
29%
10
Fire
iPauli
rtevere
St Paul Fire &
83
14%
36%
6%
>10
(Texas)
Republic
10
American
Hanover
Conn
6.25
1
25c
series
Fund
Bond
>
7%
23
77
preferred
Brooklyn Union Gas
5.73
8.00
Union
8
fl
Rutgers Fire Ins. com.
&
4s
Trusteed Industry Shares
■
2.24
..I-
5.13
30c
45,75
2.41
1
2L-
4.89
\
4.66
5
10
Marine
&
Fire
6.60
42.75
1
ASeries B——
4.44
Fire
23%
48
17%
42%
7
91
101%
49%
Bid
6.02
Stand Oil Shares—
4.74
5
10.86
ASeries A———
18c
Inc
10c
Incorporated Investors
Stock ancl Bond Group
D
ASeries
Trustee
93%
13%
25%
51
19%
44%
12
4.16
2.36
4.48
62
89%
6
94.44
9.96
-C-——
4.70
'
1
AHuron
Bank Group
.
4.30
:
•
3.80
A Series
4.26
Steel shares
92.56
Super Corp of Amer AA__
Trustee Stand Invest Shs—
4.06
shares——
Equipment shares
Tobacco
6.28
3.44
shares
Railroad
7.31
Investors
State Street Investment Corp—
5.50
58
10
,,
3.73
•
Sovereign
_._10
Fire
Hartford
6.71
—
Income Shares
Selected
7.24
4.99
Railroad
Fund, Inc
Selected Amer Shares
6.37
6.58
shares
15.15
2%
1
_1
Republic Invest Fund
Scudder, Stevens & Clark
6 88
5.79
Shares—
57c
3.40
lOo
1
Inc Shares
Quarterly
: 10.15
6.25
:
Mining shares
RR
7.37
9.67
Merchandise shares
Petroleum
8.61
6.70
——
———
7.75
7.83
sharesInstitutional bond shares——
Industrial Machinery
5.63
1
Globe
Great
52c
14.09
10c
Plymouth Fund Inc
Putnam (Geo) Fund
146
Republic
&
2nd
"
6.20
10.25
7.05
Food shares
Low Price
2.39
5.11
Fully Administered shares—
General bond shares
:A'%'
2.71
1
9.33
Equipment
■A Investing
1
Series 1958-
5.G3
Chemical shares
Electrical
Series 1956
6.87
6.24
Building shares
Globe
'
7.59
Franklin
52
140
Newark-.-
of
Firemen's
33%
62%
48 %■
20
of Phlla
Fire Assn
Glens Falls
•2.82
_•
1955—L.—„—1'
58%
Fidelity & Deposit of Md
Gibraltar
2.16
Series
Group
?
—
Trust shares
Amer
_
_10
__io
General Reinsurance Corp
35%
ctfs
North Amer Bond Trust
41%
26%
Group
^
•
(Detroit) _^10
10
National Liberty
;
2
National Union Fire
20
New Amsterdam Casualty
2
New Brunswick
10
New Hampshire Fire
)
10
New York Fire
5
13%
North River
2.50 u 22%
Northeastern
5 4% 6%
Northern
*
12.50
86 %
Pacific Fire
25
96%
Pacific Indemnity Co
10
47%
Phoenix
10
81
Preferred Accident
5
12%
Provldencp-Wnshington
10
34%
Reinsurance Corp (NY)
2
4%
55
Fireman's Fd of San Fran
5.25
Railroad
5.65
4.89
1
9.10
9.25
-
Metals
3.80
22.93
*
8.27
6.22
Machinery
'
•
10.10
Federal
Ins —
Casualty
National
19%
.10
Fire
Monarch
70
50%
6%
5%
29%
58%
7%
174
26%
29%
48%
15%
23%
47%
5%
4%
26%
55%
6%
164
24%
27'A
45%
4
Fire N Y
Mfrs
&
National Fire
84%
39%
24%
31
5
Employers Reinsurance
Merch
1%
814
66 %
5
Merchant Fire Assur
600
17%
Crum & Forster Inc_—
Employees
Massachusetts Bonding
28%
15%
86%
40%
8%
8%
37'A
1
12%
Casualty
Maryland
40%
7%
53
Continental Casualty
10.60
Knickerbocker
22%
Io
_10
of N Y
Jersey Insurance
58%
,
America
Insur Co of North
20%
6
Connecticut General Life
8.93
9.64
stock
575
ioo
Fire
City of New York
9.04
8.12
equipment
Insurance
25
Camden
8.34
8.22
2%
Boston
11.58
Automobile
Bank
io
Baltimore American
Bankers & Shippers
6.78
14.39
2%
of Newark
Automobile
5.91
12.93
10.54
23.42
15%
55%
17%
10
3.41
1
12%
19%
11%
14%
52%
15%
56 %
37%
6'A
79 %
5
American
5.06
Stocks Inc—
13.40
19.04
11%
17%
10%
7.77
—
21.30
38%
21%x
_io
Alliance
American
Fire
Homestead
52%
40%
78
23%
,
74%
25
Agricultural
6.68
Agriculture
Aviation
50 %
38%
10
Life
6.25
series-
stock
England Fund
New York
10
Aetna
Ask
Bid
26%
13%
84%
8
10
10
20
5
Home
136%
128%
4.57
priced stock common
Stock
New
io
7.07
series
Preferred stock series
19.44
3.75
Aetna Casual & Surety
Par
Ask
Biti
American Casualty
series
Companies
Insurance
Par
Aetna
Inc
priced bond series
Low
17.97
Fund
2d
Securities—
Industrial
2.76
Capital Corp
Trust
10.81
{.: £ Income
4.82
10
A—1
B
General Investors
.■% w-:
2.76
Fundamental Invest Ino——2
Fundamental Trust Shares A—3
General
4.96
1
I
10
23.53
National Investors Corp
National Security Series—
2.29
*
Shares A
Trust Shares
Foundation
(Md)
45
2.29
4.55
Invest
(Colo)
9.94
9.04
Natlon-Wlde
5.36
2.49
Industrial Fund, Inc_
Mutual Trust Fund
8
Fixed Trust
Mutual
142
43
Bell Teletype NY 1-953
DIgby 4-4950
41.30
21.88
Investors
Mass
2,525
4.93
40.47
Tel:
6.67
97.50
10c
10c
Common
Maryland Fund Inc
Mass Investors Trust
30.56
9.86
137
\ '*
Manhattan Bond Fund Inc—
,A.
,425
6 09
95.55
.
*
10
.
Y.
Place, New York 5, N.
5.16
4.64
Fund
;
'*
* '
•
,
11.45
S-4
Mut Fund
Loorais Sayles Sec Fund
'•
:
40 Exchange
14.32
10.41
S-3.
Series
15.63
'VlrSX
26.69
-
13.03
S-2
Series
5%
■
X29.51
Financial
First
24.28
S-l
Loomis Sayles
,~r~*
Fidelity Fund Inc
Members New
19.22
1
1
Balanced
Equity Corp
23.42
17.87
1
2.50
25c
Dividend Shares
Stock
18.83
21.29
York Stock Exchange
York Curb Exchange
Members New
17.16
K-2
Knickerbocker
Shares—
C
&
10.05
K-l__
Series
106.17
1.
Delaware
Eaton
B-4
Series
3.63
1
1
—1
1
1
1
•
Accumulative series
Fund
Diversified Trustee
Scries
6%
15.90
514
.
Ltd
Investment Trust
Corporate Trust Shares
AA
9.14
<15.19
101.92
5
5
1
Consol
Series ACC
19.69
Series
1
Century Shares Trust
•
Chemical Fund
1
Christiana Securities com—100 f
Preferred
100
Commonwealth Invest
1
Series
32.06
B-3
17.94
Series
14.79
10
Industry Shares
Bond Inv Tr of America
Boston Fund Inc
Broad Street Invest Co Inc
Bullock Fund Ltd
Cumulative Trust
29.66
29.26
4.09
6
1
ACommon
Series
28.30
B-2
Series
Basic
Inv Fund
B-l
Scries
14.00
1
Shaskan & Co.
Series
30'A
3.74
Investing—
Bankers Nat
Canadian
4.30
28%
Holding Corp
10
American Business Shares——1
American Foreign Investlng.lOc
Assoc Stand Oil Shares
2
AAmerex
Axe-Houghton Fund Inc
7.64
3.93
-
1%
Affiliated Fund Inc
Keystone Custodian Funds-
7.03
1
Ask
Bid
Par
Ask
Bid
Far
Aeronautical Securities
Quotations on Real Estate Bonds
For
Investing Companies
value,
tlons not
a
y
Yield price, d Deferred delivery,
Canadian market, s Cash sale—not
tThese bonds are subject to
or issuer.
Odd lot sales, b
to Stock Exchange,
Ex-dividend,
Ex-rights,
r
tin default.
furnished by sponsor
0.32%
0.33%
e
Ex-interest, f Flat price,
included in range for year,
all Federal taxes. AQuoU -
THE COMMERCIAL & FINANCIAL CHRONICLE
1328
Monday, September 25, 1944
Week
THE COURSE OF BANK CLEARINGS
V':.
.
1944
*
Bank
clearings this week will show an increase compared with a year ago. Pre¬
liminary figures compiled by us, based upon telegraphic advices from the chief cities
of the country, indicate that for the week ended Saturday, Sept. 23, clearings for all
cities of the United States from which it is possible to obtain weekly clearings will
be 4 5% above those for the corresponding week last year. Our preliminary total
stands at $10,678,337,984, against $10,215,073, 388 for the same week in 1943.
At this
center there is an increase for the week ended Friday of 11.7%.
Our comparative
Fifth
West
Federal
1,544,926
Virginia—Norfolk
.
Chicago
408,901,634
404,365,376
Philadelphia
560,000,000
598,000,000
-
-
-
(6 cities)
319.358,846
City
'
-.
172,900,000
•267,979,000
+
245,096,425
+
3.0
208,116,388
+
1.4
Baltimore
139,942,648
144,523,010
—
$7,216,505,742
Totcl all cities,
fivs days..
2,696,624
1,950,790
—15.8
174,745,244
125,641,393
—21.1
39,851,156
36,480,979
_
-
—
317,440,835
392,560,703
—19.1
314,741,621
239,209,679
Federal Reserve District—Atlanta-
$8,390,929,383
1,824,144,005
49,301, ,342
161,600, 000
for .week
Cities
all
.
2,657, 288
51,782, 423
61,271,188
335, 804
93,579,198
427,035,446
™_.
Louisiana—New
Total
Orleans...
(10 Cities).
_
.
6.1
+
—
Seventh
Federal Reserve
—
1.5
2,308,861
Rapids
Lansing..
1,900,000
1,727,763
5.4
37,587,091
24,472,000
+
6.3
47,026,806
39,853,713
+
0.8
4,594,832
2.4
264,472
218,317
132,311, 586
—29.3
81,204,737
66,768,276
476,911,586
—10.5
363,388,338
279,670,626
the final and complete results for the week previous—the week
ended Sept. 16. For that week there was a decrease of 13.6%, the aggregate of clear¬
ings for the whole country having amounted to $10,541,396,959, against $12,205,677,821
in the same week in 1943. Outside of this city there was a loss of 15.4%, the bank
clearings at this center having recorded a decrease of 12.0%.
We group the cities
caccording to the Federal Reserve Districts in which they are located and from this
it appears that in the New York District (including this city) the totals show a
diminution of 11.9%, in the Boston Reserve District of 36.0% and in the Philadel¬
phia Reserve District of 23.5%.
In the Cleveland Reserve District the totals are
smaller by 6.6%, in the Richmond Reserve District by 19.1% and in the Atlanta
Reserve District by 10.5%.
The Chicago Reserve District suffers a loss of 11.9%,
the St. Louis Reserve District of 11.4% and the Minneapolis Reserve District of 14.6%.
In the Kansas City Reserve District the decrease is 2.5%, in the Dallas Reserve
District 15.1%, and in the San Francisco Reserve District 12.7%.
3,267,006
3,451,709
47,631,000
3,923,445
4,035,797
Bend
Terre
6,505,188
4,970,675
36,896,000
Indianapolis
South
587,301
5,863,040
4,360,505
Indiana—Fort Wayne.
—
—
Haute.
3.1
650,000
9.9
5,006,525
—12.3
2,977,137
—
—
we
furnish
a summary
SUMMARY OF
Federal
Reserve
1st
5.4
3,133,879
2,360,957
35,330,000
27,280.000
2.8
3,366,982
2,805,441
8,575,763
11,237,734
—23.7
10,365,770
7,541,381
39,539,408
45,075,675
—12.3
Iowa—Cedar Rapids...
Des Moines..
35,496,685
23,575,459
2,248,836
2,960,388
—24.0
14,004,838
15,875,110
—11.8
7,797,318
7,401,406
Sioux City..________
Illinois—Bloomington..
New
3d
11,172,700
6,210.735
5,129,398
588,811
590,590
0.3
499,573
499,799
608,277,116
—11.5
438,350,340
440,095.664
1,435,125
+ 37.8
1,525,701
1,177.971
Peoria.
6,859.447
Rockford.
5,877,628
—
+ 16.7
4,951,220
Philadelphia
$
Cnicago
__
3.4
2,114,027
2,024,861
3,033,000
—34.5
2,047,143
1,593,340
679,245,537
(17 cities)
771,335,397
—11.9
566,416,664
538,793,096
—11.2
171,400,000
+
",V
SSI
Louis—*
853,791,082
699,884,969
749,174,838'
—23.5
—
664,097,775
486,806,162
634,618,348
6.6 >
536,998,001
239,209,679
221,300,000
Kentucky—Louisville.
Tennessee—Memphis.
Illinois—Quincy
93,928,984
98,691,725
4.8
72,459,654
46,665,444
1,101,000
60,389,044
—22.7
V' 45.881,022
1,228,000
—10.3
872,000
338,195,428
381,608,769
—11.4
290,612,676
392,560,703
—19.1
427,035,446
476,911,586
—10.5
314,741,621
363,388,338:
—11.9
566,416,664
679,245,537
771,335,397
Federal
Reserve
St.
381,608,769
—11.4
290,612,676
278.300,543
—14.6
202,876,622
II
330,227,619
2.5
273,105,630
146,170,204
172,086.599
—15.1
131,138,813
—12.7
526,554,964
12,205,677,821
—13.6
8.349,284,717
—15.4
4,545,414,454
detailed
statement
showing the figures for each city for the
(
v
■(
•
+ ,1.1
1,609,621
+
4.7
1,486,711
1,868,768
1,454,534
+ 28.5
1,216,877
1,334.403
4,330,744
6,018,437
—28.0
4,690,357
5,123,493
278,300,543
—14.6
202,876,622
174,745,923
Total
(7 cities)..
237,741,652
District—Boston
ri>!
$
Tenth Federal
Reserve District—Kansas
1,249,432
228,548
(12
cities).
905,560
975,775
+ 10.8
430,773
625,518
7.8
1,144,600
1,095,488
4,332,171
3,605,555
2,342,112
2,634,005
—31.0
15,066.170
14,447,952
—27.5
5.943,390
5.090.809
22,719,900
17,729,200
Reserve District—New
Buffalo
York—
7,436,294
1,394,435
_
;
.
69,800,000
Elmira
1,062,590
Jamestown
—26.4
6.4
614,564
620,550
615,804,894 ,;rr;36.0
393,356,466
Syracuse
...
6,73-1 688!>''+!10.5
8,759,429
8,360.592
1,750 ,426 ^Ui20.3
1,291,700
1,679,402
68,100,000
54,200,000
>
i>j
.
ITT-
Total
Eleventh
Federal
Texas—Austin.
Dallas
_
New
79,536 000}
Galveston
Wichita
Federal
Reserve
Total
1,283 ,145'-' *—^17.2
1,250,582
(6 cities)
Reserve
District—San
755,668
i
Utah—Salt
Lake
—11.0
10,205,666
9,755,603
San
2.5
—
214,743,740
V
2,376,160
2,002,199
—17.0
106,159,592
91,193,850
—re.i
12,824,181
10,504.888
3,288,000
2,939,000
3,194,000
+ 17.9
1,783,405
—17.3
1,196,820
1,450,897
6,429,539
—
3.8
5,294,060
4,508,698
172,086,599
131,138,813
112,619,532
9,824 ,109
—17.7
9,481 ,899
—21.7
579 ,217
—30.5
33,712.434
37,139 ,232
45,644,969
44,741 ,963,,
6,515,068,292
—15.1
;
7,687,115
1,900,724
56,506,591
39,232,376
—25.8
30.542,078
25,971.520
10,079,624
12,592,606
4,976,487
Santa Barbara
Stockton.:.
520,812
3,060,089
87,882,877
i
'
....
•.-M'-'VV:-'
:
'
•
v;*•:
>'
6,736,568
2,289,679
-
:
»';■'
5,175,929
349,881,000
8,279,513
5,455,664
564,037
•76,871,432
5.4
—22.5
341,299.000
...
6,099,251
5,609,073
-
: 95,635,514
—30.3
3,349,523
110,019,735
29,122,089
City..;
Pasadena
134,400,953
3,529,967
Jose.1
\
2,499,421
5,361,675
«■■■
.
4,919,388
,
+
—19.9,
6,401,678
5,364.616
3.8
2.736,716
3,503,564
2.5
289,011,000
222,288,000
+ 22.9
4,809,352
4,572.309
—
—
—
+
8.4
1,290,942
1,472.216
9.0
5,184,716
4,138,604
...
'
—
+
9.2
29,755.408
'26,852,166
2.0
45,923,772
35,984,355
—11.9
3,983,376,800
899.063
—16.9
3,761,511,422
406.549
1,708,631
—67.7
736,910
830,060
—12.9
497,579
1,908,348
+ 11.0
1,658,528
635,000.000
833.000.000
—23.8
648,000,000
1,959,293
.
Jersey—Trenton
(lo C'ties)
_T_
4.169,156
1,935,754
2,208,825
4 678,300
York
r-
1,894.530
1 809 681
—_
''2.037,345
3,668,513
...
......
Total
(10
Total
■:/
cities)
(111
583,812,528
668,807,499
—12.7
526,554,964
402,589,576
10,541,396,959
cities)
12,205,677,821
-13.6
8,349,284,717
4,988.435,571
5,898,315,668
-15.4
4,545,414,454
7,374,433,375
3,763,667,975
!
Outside New York
>
5,093,900
653,150,368
3.8
466.163
473,292
V
2,973,314
—
—
2.1
1,423.622
1,645,828
1,272.078
1.891,779
1,733,784
8.2
5,193,900
4,474,700
of Dec. 31, 1943.
—23.5
664,097,775
Reserve
4.570,510
Association
direction
Kf
Youngstown
Pennsylvania—Pittsburgh
(7 cities)
8.0
3,820.137
3.487.820
126,491,389
—10.9
132,499,808
256.323.037
.100,033,413
290,425,171
—11.7
216.272.431
190.924,328
20,657,900
Cleveland
19,339.600
6.8
15.239.500
14,417,100
1,311.054
on
Dec.
that it had been obvious for
4,230,757
142.028,034
+
+
our
2,180,864
—39.9
4 712 203
5,232,999
—10.0
285!si8!876
4,394.646
4,394,209
285,737,413
—10.0
259,593,769
220,652,320
699,884.969
749,174,838
—
6.6
634,618,348
536,998,001
2.798,057
3.088.811
'
were
discontinued
as
issue of Jan. 17, 1944, page
was
486,806,162
District—Cleveland—
°rL^ann3Mn
Cincinnati
Clearing
As noted in
250, at the last Annual General Meeting of the Canadian
Bankers
853,791.082
Bank
1,556,439
2,728,638
••
—18.1
—
Note—Canadian
472,000,000
1.315,584
—12.0
455,240
returns be discontinued
Total
.828,506
i.
85,222,670
;
California—Long Beach
15,139 951
2,118.456
Wilkes-Barre.—
1
670,948
953,019
•
Francisco—
Francisco
722',596
Scranton
Federal
<<1,185,568
278,105,630
1.1
15,844,996
93,651,824
Yakima
San
747,523
Philadelphia
Fourth
4,122,801
!
—19.7
—
146,170,204
J
Federal
1,082,509
551 476
...
Lancaster
Total
4,988,186
2.6
—
2,077,833
District—Philadelphia-
Chester
New
149,678,944
1,475,009
Oregon—Portland—-.—.:
Grand
Pennsylvania—Altoona
Bethlehem..'—
Reading.
198,054,824
141,048,000
3,765,000
_
..
•Estimated.
Third
4,474,329
0.1
6,186,427
______
Falls
Louisiana—Shreveport.
3,610.765,400
5,742,530,743
2,117,327
5,504,033
—24.4
3,786,659
14,874.705
_
923,792
V
49,321,055
9.7
+ 15.2
—
—
SWSSSJS
2,862,063
117,007,000
Washington—Seattle..
—12.2
402,532,
Jersey
330,227,619
District--Dallas—
__
_
3,803,870,263
-
cities)...
Reserve
—
Fort Worth
—24.4
•
1,414,371
1,200,084
321,828,736
(10 cities)
Twelfth
ai'o or<jiJ
,'f 3'1'JV, v I.:, 1
7,428,395
Jersey—Montclair..
Newark.,
1,136.296
1,186,108
—12.0
Connecticut—Stamford.
6,332,047
_—
Springs.,
181,916
3,281,236
it
8,085,235
New
6,166,717
City
Joseph
1,498 ,509
_.
218,833,439
__
Pueblo
6,307,362 .153
13,468,920
2,674,160
8,501,712
218,637,966
__
2,663,879
9,791,482
1,133,551
...
61,164,927
Wichita
5,552,961,388
York..
Rochester..
9.7
—
Vj
357,464,024
.
Federal
York—Albany.
Binghamton
(12
—16.6
—
8,306,537
719,178
85,518,180
106,073
200,000
3,739,927
306,823,364
21,297,666
394,360,513
New
Total
333,747,641
—26.6
'
Northern
—37.4
—12.7
673,110
197,819
+ 39.2
—15.1
721,000
6,107,425
22,581,600
—25.2
5,172,922
77,240,698
—
Kansas—Topeka
;
305,704
•275,000
4,394,184
_
3.090.808
3,467.211
16,620,300
Hampshire—Manchester
New
739,037
5,370,548
+
582,357
1,557,242
6.1
—18.8
6,019,824
..
•;
$
.
14,690,099
_
Island—Providence..:
Second
1941
4,482,088
Connecticut—Hartford
1
382,858
Lincoln
Colorado—Colorado
1942
3,026,530
Haven
1,623,945
City—
;
Hastings™.—
•
645,014
Total
,:DCC. %
834,489
1,435,978
i
16
Sept.
Inc. or
.
4,615,171
544,486,586
1,041,463
River
Bedford
Worcester
New
*:
341,093,334
Lowell
New
b'j
.
885,713
Massachusetts—Boston
Rhode
Ended
3,747,060
—
Portland
'
:
St.
Week
.Vi). 1943
j
'V:<V;
Springfield—
3,355,217
3.408,593
1,685,512
Helena
f .I'!-
"
.
Fall
3,159,059
4,211,632
3,446,201
Missouri—Kansas
ityv/ ft.
;!4
New
39,530,056
:
Dakota—Fargo
3,763,667,975
<-
Maine—Bangor
119,567,177
46,102,685
Dakota—Aberdeen-
7,374,433,375
5,898,315,663
Sept. 16, for four years:
Reserve
4,932,674
141,288,259
+
402.589,576
1944
Federal
1.0
—12.4
—23.0
Montana—Billings
112,619.532
668,807,499
10.541,396,959
i
First
5,207,413
67,528,937
South
Omaha
Clearings at—
269,231,594
North
269,281,594
4,988,435,571
our
650,000
193,073,008
214,743,740
—
583,812,528
cities
add
52,835,273
5,259,694
174,745,923
321,828,736
II
10
Total
now
65,595,321
r.
52,013,584
Paul
279,670,626
338,195,428
Outside New York City.
We
150,200,000
169,137,149
Minneapolis
Nebraska—Fremont
Week ended
—
District—Minneapolis-
Minnesota—Duluth
538,793,096
317,440,835
237,741,652
H
Francisco
653,150,368
II
10
11th Dallas
196,500,000
II
7
_
3,761,511,422
II
4
4,592,407
2,389,955
1,987,191
Missouri—St. Louis__
357,464,024
3,983,376,800
II
17
-
Louis
9th Minneapolis
10th Kansas
City
393,356,466
—11.9
II
10
..
—36.0
II
6
6th Atlanta
12th San
1941
$
615,804,894
<«
7
5th Richmond
8th St.
1942
or
Dec. %
6,515,068,292
it
10
,
—
:
2,470,339
..
Springfield
Ninth
Inc.
$
5,742,530,743
it
12
4th Cleveland
7th
1943
394,360,513
York
1,611,622
12,796,455
'
5.4
+
1,976,956
Decatur
Total
1,594,492 ''
538,317,776
Chicago..
■
BANK CLEARINGS
$
Boston
2d
2,471,693
by Federal Reserve Districts:
1944
Districts
Week Ended Sept. 16
601,124
4,259,279
'
—22.5
—
—
Total (4 cities).
following
3,414,613
Wisconsin—Milwaukee.
able to give
In the
965,070
—13.9
568,858
Grand
4.5
+
our
we are
7,362,333
34,188,541
99,700,000
District—Chicago—
2.4
Complete and exact details for the week covered by the foregoing will appear
issue of next week. We cannot furnish them today, in as much as the week
ends Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which we present further below,
in
8,534,207
36,867,332
126,000,000
5,395, 391
327,803
Mobile.--.-
3.2
2.4
57,663, 507
5,438,527
+
—14.8
—
1.9
$10,678,337,984 $10,215,073,388
.
2,751 ,387
2,287,792
Michigan—Ann Arbor.
Total
12,512, ,858
42,000,004
157,500,000
49,003,639
7.1
+
12,911,477
___.
Mississippi—Vicksburg
3.2
1,651,015,845
$8,898,614,987
five days
cities,
$6,739,913,538
1,682,109,245
l,/79,722,yy7
Ten
Other cities, five days
70,048,648
—15.8
Alabama—Birmingham
4.8
252,346,671
210,960,279
.
848,869
4,289,000
88,857,044
2,676,990
Macon-........™.;...:..™.™....
8.3
+
Pittsburgh
Francisco
989,553
7,602.000
0.1
+
56,094,045
Florida—Jacksonville
0.0
Cleveland
San
4.8
+
—12.0
218,848,798
Augusta.--.;.™;™..2,709,818
4.0
+
187,200.000
—
S
2,253,890
Georgia—Atlanta.. L__
6.4
—
280,706,000
Louis
it.
332,598,002
183,988,895
_
Tansas
1941
$
44,230,607
Nashville
1.1
+
—
185,696,997
Boston
Sixth
1,473,784
8,327,000
Columbia—Washington—
Tennessee—Knoxville....
+11.7
$4,182,346,442
*
•
%
1943
1944
23
$4,671,392,067
York
1942
; ;
■
156,914,486
Maryland—Baltimore
Clearings—Returns by Telegrapb
Week Ending Sept.
New
16
or
Dec. %
105,140,086
South Carolina—Charleston
Total
Sept.
Inc.
:
7,247,000
for the week follows:
summary
f
105,249,926
Richmond
of
.
Reserve District—Richmond—
Virginia—Huntington
District
Ended
1943
not
given
that
some
time that the
correctly reflect business activity, for the
intra-bank items do not pass
clearings
31, 1943, in view of the fact
figures did
reason
that
through the clearing houses.
CHRONICLE
THE COMMERCIAL & FINANCIAL.
Number 4319
Volume 160
1329
•
.
DIVIDENDS
Redemption Calls and Sinking Fund
together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
list of corporate bonds, notes,
and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
will be found a
Below
(Ludwig) &
Baumann
Page
Date
Co., 77c 1st preferred stock—__Sep 26
and Issue—
Company
1179
Albers
1083
Page
PARTIAL REDEMPTION
Company
and Issue—
Terminals, Ltd.—
Algoma Central
30
1
1
15
stock and bonds, due 1959—Nov
American Viscose. Corp., 57b
preferred stock
Nov
American I. G. Chemical Corp., 5Vaft debs., due 1949__Nov
American Tobacco Co. 20-yr. 3% debentures, due 1962__Oct
Atlantic Coast Line RR. 47o bonds due 1952 (Louisville
&
Nashville
collateral)
—
Nov
Debenture
1964
Inc.
Bros.,
Roos
Oct
preferred stock
6V2 fo
Stores, Inc. 5% preferred stock
Southern Natural Gas Co. 1st mtge. 3
1956
:.
___________
-
—
bonds, due
Taylor Wharton Iron & Steel Co. collat.
come (now 1st mtge.) bonds, due July
Oct
Company and
7% preferred stock
8% preferred stock-
Furniture Mart Bldg.
Arhencan
1
Dec
(quar.)
Brazilian Traction Light & Power (interim)
Brink's Inc. (quar.)
British Columbia Telephone Co.—
6"c
——Oct 14
-
bonds due
.
1954-
preferred (quar.)
Canada Bread Co., 6% 1st preference (quar.)
5rM
Chicago, Burlington & Quincy RR.—
Illinois Division mtge. 3'/2& 4 fa
Union
Cincinnati
due
bonds due 1949—Jan
Terminal Co. 1st mtge. 3lis, ser. D,
Nov
1
1
1
1
1971
debenture bonds
_
Oct
1st mtge. ZVzfc bonds, due 1967_Nov
Utilities Co., coll. tr. 6c ref. G'/c bonds.Nov
6%
Corp.
Conlon
,
«
Power Co.
Consumers
Delaware Valley
Refining Corp., $4 preferred stockElectric Co.—
1st mtge. and ref. 5s, due 1952—
—
—Nov
Florida Southern RR. 1st mtge. 4s, due 1945
Nov
Gotham Hosiery Co., Inc., 7fo preferred stock
—Nov
Grace Hospital Society, 1st & ref. 7'fa bonds of 1952—
t
Harvill Corp., 6% preferred stock
:
Oct
Heller (Walter E.) & Co., 7% preferred stock
Sep
Hudson River Day Line, 1st mtge. 6s, due 1946
Feb
Derby Oil &
Empire District
1st & ref.
mtge. bonds,
Michigan Elec. Co., 6% and Ife pfd. stocks__Oct
Kress (S. H.) & Co., special preferred stock——
Dec
Laclede-Christy Clay Products Co., 6 fa preferred stock—Oct
Market Street Ry., 1st mortgage s.f. bonds
Oct
Canal
&
RR.
Claiborne
6%
gold
J1447
1080
1187
985
986
1082
11766
Nivelle Corp.
Oct
.Oct
Nov
Northern Indiana
Cross
Crura
87c
570
570
1082
1
1
1
Charles Street RR.
St.
1st mtge. 4s, due 1952
1st mtge. loan ctfs. due 1952_
;
Public Service Co., 77a, 67c and 5 V2V0
preferred stocks—-—
———
—w,
Co., 1st mtge. 5s, due 1952
Coal & Ice Corp., 6% serial bonds
—
City Service Co., 1st mortgage 6s, due 1951
Ozark Power & Water
Rubel
Sioux
Dairies, Ltd.—
1st mtge. 4V2 % bonds, due 1945,
Southern Pacific Co.—
4 fa gold bonds—Central Pacific
Central
Pacific Ry. Through
Silverwood
.
—Oct
1
•
1023
1946, 1947 and 1956_Sep 30 " •
770
Oct
1
52124
University-Greatheart Society, Inc., 6% bonds—Oct
Trustees for the Church of the Ascension of Our Lord,
1
124
Oct 1
Utica Electric Light & Power Co. 1st mtge. 5s, due 1950
§
Vertientes-Camaguey Sugar Co. of Cuba.. 1st mtge. 5s__Oct
1
Warner Co., 1st mortgage 6s, dated 1929Oct 2
1120
572
1235
1121
L—
1954
Temple
1
■
mtge. 41,£s__—
.
with
'
67o
interest to maturity.
not available.
:
Class A prior
preference
(quar.)
25c
(s-a)—$3
50c
5c
(A.) Co., class A
convertible preferred (quar.)_;
Denver Union Stock Yard Co. (quar.)
—
Detroit Fdison Co. (quar.)
—
Detroit International Bridge Co
*
Detroit Steel Products (irregular)
Diamond Ginger Ale (quar.)
Dixon (Joseoh)
Crucible Co
— • Dominion Oilcloth & Linoleum, Ltd. (quar.)_
De
Pinna
—_
Extra
7fa
tin Volume 159.
IRedeemable at anv
tFunds available (see
item).
IDate
common
preferred (quar.)
Oil Co.,
East Tennessee
$6 preferred
$1 50
—
-
(quar.)
9-20
-
50c
$1 75
9-23
$0
9-26
Service,
common
preferred (q'uar.)_;^-!__„-___
(quar.)
Jamieson (C. E.) & Co. (quar.)
$6.50
10-31
$7 preferred
10-31
9-22
9^22
Jenkins
preferred (accum.)____
7%
Jeannette Glass,
9-30
Brothers, non-yoting common___.__
$1.50
10c
$1.50
$1.62Vi
$1.75
15c
$1.75
50c
T.'u
9-30
9-20
10-2
9-15
Kendall
9-30
9-15
Kerr-Addison
9-30
9-15
1
...
9-30
10-16
10-
2
9-20
10-
1
9-26
10-
2
9-19
11-
1
10-10
11-
Lane Co.
Lawyers Trust Co. (N.
.Leich,;(,Charles) & Co., 77o
1
10-10
10-20
10-14
9-30
9-20
TO- 2
9-22
10- 2
9-23
10-
2
9-27
10-
2
9-23
10-
2
9-20
2
9-22
MacAndrews & Forbes, common—..
9-25
(quar.)
I
(irregular)
Mahon (R. C.) Co., class A (quar.)_—____
Manning Maxwell & Moore
;
Mapes Consolidated Manufacturing (quar.)—
Maple Leaf Gardens. '7% nen-cum. pfd
Marchant Calculating Machine Co. (quar.)—
Marine-Midland Trust Co. <N. Y.) (quar.)„
9-14
Massachusetts
10-
10-
2
9-30
10-
10-20
5
1
9-15
10-
2
9-16
10-10
9-20
10-14
10-
2
12-18
12-
8
preferred
Investors
Merchants Bank of New
9-18
T
9-30
i' 9-18
r10-27
10-13
11-
1
10-20
11-
1
10-20
9-28
•
10-20
9-26
10-
5
1-2-45
12-20
9-30
9-21
2
9-26
Trust—
York (N. Y.) (quar.)
Extra
Ltd. (initial)——™——
Mercury Mills
9-30
Miami
Copper
Middlesex
Co.—
Corp.
Products
Falls Co.,
Millers
L
_____—
common
_________—
prior preferred (auar.)___—._—
Mississippi Power & Light, $6 1st pfd. (quar.)
Missouri Power & Light Co., $6 pfd. (quar.)_
Montreal Light Heat
Irregular
& Power
10-
2
9-26
2
9-20
10-16
9-29
Morris
10-31
9-30
10-10
9-30
9-30
9-22
9-30
9-21
(Philip)
4Vaf»
(quar.)__—
(quar.)_^
—
preferred (quar.)_^__:
Mining & Developm't Co.—
30c
20c
$1.50
50c
$20c
25c
25c
$1.75
$1.50
$1.50
10-
2
Extra
10-
2
Mounf-ajn
States
Tel.
Mutual Investment
& Tel.
(quar.)_,
Fund
9-30
9-20
9-30
9-20
Nanaimn-Dunean
10-31
9-30
9-30
9-20
National Bearing
Metals,
5
77a
10- 2
9-22
common
(quar.)—
National Bond & Share Corp.
(quar.)
10-14
11- 1
11- 1
$l.06V4
$1.12V/2
9-18
9- 8
10-2
10-16
10-16
-
lc
$1.50
10c
25c
$1.75
preferred
10- 2
9-15
62V'»c
$1.50
75c
TTtOities Ltd.
9-26
10-
.
50c
lc
Quarterly
10-31
,
50c
170c
37Vic
Mount Diablo Oil
10-31
9-30 '•
9-13
9-30
9-30
9-25
10-16
9-30
10-16
9-30
9-22
9-18
10-20
9-29 ,4
9-30., 9-20
9-30 , 9-20
11- 1
10-10
10-27
10-11*
10- 2
9-18
9-30
9-18
9-30
9-18
11- 1
10-14
10- 2
9-15 <
10-14
9-30
10-16
10- 3
10- 1
Co.
& Co., common
47*fa- preferred
35c
$1.50
50c
50c
25c
$20c
10-
Radio
9-20
9-22
1 9-30
10- 1
10- 2
10-14
Consolidated—
—
_—,
(Baltimore, Md.) —
Voting trust certificates (quar.)
Moore-MeCormack Lines. $T50 pfd. (quar.)
Morris Plan Co. of California (quar.)—
10-
9-19, f
9-22
10- 2
10-17
9-25.
11- 1
9-28
25c
(quar.)
7 l'r
Monumental
9-25
9-25
9-23
9-23
10- 2
10- 2
10- 2
10-17
25c
Magor Car Corp.
10-
9-19
10- 2
$2
$2
9-22 2
9-21
9-21 ;<
9-23 %<
10-5
27Vic
Clock Manufacturing—
6/<i
10- 3
,
Manufacturing Co. Inc.—
convertible preferred—
5Va%
9-22
10-16
25c
75c
Bleachery
10-10
9-21
10- 2
10- 2
10- 2
10- 2
9-30
10- 5
62'/2C
67Vic
$1
75c
■
9-22
2
37Vic
$1.75
Lux
9-20'•<
9-23
10-.2
10-27
preferred (quar.)
Ludlow Valve
9-15
10-16 H
9-15
1; '
2
2
5
10-31
;JLife Insurance Co. of Virginia
/. Lit Brothers. 67o preferred (accum.)__
Lord & Taylor, 8% 2nd preferred (quar.)__
<
7
Lowell
10-
25c
25c
$3
25c
Y.) (quar.)25c
'
^
9-20'"*
9-27*1'
11101010-
20c
10c
$1.12Vi
30c
$5c
Co., $1.50 preferred (quar.i
Knapn-Monarch Co., $2.50 preferred (quar.)
$2.70 preferred (quar.)
V Kresge Department Stores, 4'7o 1st pfd. (quar.)
"^Laclede Steel Co. (quar.)__
:
'Lamson Corp.-(Del.), common
(irregular)__
6 fa preferred (s-a)
_________
9-30
,
9-15
9- 1
10- 2
9-25
9-27
9-15
9-27< { 9-15
$1.25
Refining (quar.)____
Gold Mines (interim)
Kirsch
9-15
•
Supply—
(quar.)_
preferred
5fa
10- 2
10- 2
; 10- 2
(quar.)$1.75
preferred
Kalamazoo Stove & Furnace
9-15
9-15
9-15
9-15
9-15
9-20
9-20
9-20
10- 2
$2
Founders shares
•
$1.50
(quar.)
preferred (quar,)f^._i_4TL___._r_
Iowa Public
4,;. '
/'
$1.75
(quar.i_
preferred (quar.)
6%
fi 9-23
9-21 ^
10- 2
10- 2
10- 2
10- 2
10- 2
75c
8IV/4C
87Vic
10-2
$10c
37 Vic
preferred (quar.)
Light & Power—
9-26
9-
15c
50c
30c
25c
50c
25c
75c
$30c
——
Early & Daniel Co..
Eason
9-18
,
-4 9-20,
'
433/4C
Kellogg Switchboard &
-
i—
Common
•
•Announcement in this issue,
time
preferred (s-a)
preferred (s-a)
Drug Stores,
Cunningham
(special).
6%
$2237
1st
77o
30c
—$3
——■
$3.50
common______„
25c
common
Danahy Faxon Stores
. .
1
Westmount.
■
30c
'-f;/ r30c
Cudahy Packing Co.,
;9-30
i
(quar.)
Royalty, 87a non-cum. pfd. (s-a)_
Co., 6V27a pfd. B (accum.) ___
pieferred A (accum.)
Iowa Electric Light & Power—
6fa preferred C (accum.)____
6'/a7o preferred B (accum.)__
7fa. preferred A (accum.)
;
Iowa Power & Light, 7%
preferred
77a
9-21
9-21
11- 1 4 10-21y
10-16
9-30;,
10-16 ^ 9-30;,
9-30
9-20.
9-30
9-15;.
9-30
9-15'/
13c
20c
$1
405ac
Iowa Electric
Kellogg Company
$2
—
Investors
9-20
Shares—
(quar.)
B
Class
*
Mar 1, '45
*
1—Sep 25
1023
stock coll. due 1949—Dec
Short Line 1st 4s
due
Class A
9-16
10-17
9-26
$1.75
30c
preferred (quar.)
Forster Insurance
9-13
9-19
$$2.50
20c
$1.62
12Vic
B (quar.)
Corp.—
preferred (quar.).
Investors Fund "C," Inc._______.
Investors Mutual Inc. (irregular):
$3.50
9-29
$1.50
' 15c
Corks (accum.)
Utility Banking, Class
International Utilities
11-13
9-30
40c
50c
25c
25c
Co..(Detroit), preferred (quar.)
& Forster, common (quar.)
Crum &
6 %
Oct 20
(Peter)
Cooper
9-23
u
9-30
10- 2
9-30
87V2C
Electric Co., 4Vafo pfd._
Inc,___
Inland Investors
10- 2
$3.50
preferred (s-a)
Consolidated Mach. Tool, $6 1st pfd, (quar )
Consolidated Royalties Inc., 6fo pfd. (quar.)
Consolidated Sand & Gravel Ltd.—
77a preferred (accum.)—
:
Continental Bank & Trust Co. (N. Y.) (quar.)
Indiana & Michigan
9-26
9-22
9-29
9- 1
15c
192sc
15c
4;:
Indiana Investors
10-14
9-30
25c
9-11
12- 8
10-31
10- 2
20c
$0.0484
u.
(quar.)_
....
Kansas-Nebraska Natural Gas Co. Inc
Kansas Power & Light Co., 4Vift pfd. iquar.)
$1.25
50c
4334C
12V2C
12V2C
15c
12'/2C
35c
3f>
Independence Shares Corp
10-14
9-28
•
9-30'
$1.31 V4
Ordinary shares (interim)
Incorporated Investors
10- 2
9-30
,
$1.25 * 10-14
10-2
(quar.)
preferred (initial quar.)
preferred
9-18
9-22
9-18 ;
10- 3
9-23 "
10- 3'
9-23';
9-28 ; 9-18 ;
10-14
9-30
Imperial Chemical Industries, Ltd.—
9-15
9-28
___
Howard Stores, 5 V\fo
9-30
9-30
7c
Inc
Fund.
7fa
.
-
6% pfd. B taccum.)
Chesapeake-Camp Corp., 57a pfd. (quar.)—
Chicago Electric Mfg., class A taccum.)
Chicago Railway Equipment Co.—
7 fc
preferred (quar.i
.
City Stores, common (initial quarterly)
67a preferred A (initial Quarterly)
City Title Insurance Co. (N. Y.) (quar.)_—
Cleveland Union Stock Yards (quar.)_
Clinton Trust Co. (N. Y.)
(quar.)——___
Cohen (Daniel) Co. (quar.)_
i
2—
Commercial National Bank & Trust (N. Yt)—
Quarterly
__:
;
—
Commercial Trust Co. of N. J. (quar.)
Connecticut General Life Insurance (quar,)_
Consolidated Dry Goods Co., common
Credit
*
mtge. bonds due
1946
—
preferred C (accum. (____
fa preferred A (accum.)
Chemical
$1863
831
327
Oct
series A, due 1953
7
1
30
1
Indiana &
(s-ai
67a
1184
1080
1
1
14
1
1
Mississippi Power & Light Co. 1st mtge. 5s, due 1957—Oct
6
National Bearing Metals Corp., 7"e preferred stock
Nov 1
National Container Corp. 15-year 5V2fa debs., due 1952_Oct
1
National Distillers Products Corp., 10-yr. conv. 3 V2fo
debentures, due 1949——:
La
Oct 20
New Orleans Public Service Inc.— fPp : 4^/'
^
25c
31y2C
$1.50
9%c
93<ac
10 9/10c
(quar.)
Central States Electric,
1
1
Power Co.—
Illinois
preferred
67c
Central Kansas Telephone
429
20
W.»
(J.
(quar.)
9-30
10-16
—$37J4c
50c
15c
(quar.)
Co.
Co. <quar.)___
Central Fibre Products (quar.)
class A
$1.50
Carter
1077
o33
981
3
K
Nov 15
16% debentures—-———
Assurance
Carborundum
42299
1
1 quar. I
(Toronto) (quar.)___
Canadian Fairbanks-Morse Co. Ltd.—
6% preferred (quar.)
—_
Canadian Silk Products Corp.—
f 1180
Inc., collateral trust
class B
5%
Canada Life
(quar.)_
(N. J.)
9-27
$$1.50
(quar.)__
'
219
——__———Oct 1
bonds-—... -Nov 13
,
Central States Edison,
Packing Corp., common
California
5%
9-20
9-21
9-22
15c
37 Vic
12Vic
$1.50
$1
Co., $1.50 pfd. iquar.)
(irregular)'
Baking
Hardart
&
Household Finance Corp., common
62V2c
$$1.50
i62Iic
$$5
$1
15c
S1.50
37V2C
Common
Horn
9-20
10- 2
..
50c;
______
Davis Chemical
Hilton
9-20
9-30
10- 2
11- 1
10- 1
10- 2
9-23
9-30
9-26
10-2
9-15 t.
10- 2 'T 9-19
10-26
10- 5
9-30
9-23 r
40c
Brewing Co.
Class B
'
2
9-22
10- 2
9-29
9-29
9-20
11-15
11-15
10- 2
10-2
10- 2
19c
prior preferred (quar.)
common (quar.)
G':'t non-cum. preferred B (quar.)___
Butler Mfg.. 6'/»
preferred (quar.)
1077
1077
Ltd., conv. 4fa
12!'2C
S3
Systems,
Business
1180
1st mtge. 4s, ser. A,
due 1951
:
—
Nov 1
Carrier Corp., 4V'2$> debentures, due 1948
Oct 24
Central Pacific Ry. Through Short Line, 1st mtge. 4%
1925—.——
and
1923
Canadian Canners,
$1.50
,
2
10-14
.r,$l
25c
3Vic
$1
Marx
&
10-14
50c
75c
;.$0c,
,
(irregular)
Hatfield-Campbell Creek Coal—
5% non-cumulative preferred____________
Hendey Machine Co., $2 class A (quar.)____
9-25
>
Burry Biscuit,
978
2
—
Harvard
10-16
3 0-; 2
11- 1
10-16
,
'
class A (accum.)_
Cooperage,
Schaffner
Hart
9-25
12- 1
t$1.50
15c
■
Corporation, 6% preferred (accum.)_
class A partic. preference
Harris Manufacturing, Class A (quar.)_
Hart & Cooley (quar.)--
9-25
t$1.50
2nd
Brothers
9-30
9-18
9-18
9-20
10- 5
9-20
9-30
9-25 f
9-15
<;
9-20 \
9-20
9-20
9-15 "
10-16 ..'
9-25*
$1.25
c&mmon
Light,
9-30
' 9-22
9-30
10-10
17V/2C
Steamship
Gas
9-25
9-30
:
Hamilton Mfg. Co.,
.9-20
10-31
10-31
10- 2
10- 2
9-30
10-14
5c
50c
Group
5
9-25
i$l
$1.25
_______
preferred (quar.)
Brooke (E. G.) Iron Co.
Brown-Forman Distillers Corp.—
$6 preferred (accum.)
Buffalo Bolt Co. (increased quarterly)
Buffalo Insurance IN. Y.i (quar.)
1179
1179
1179
10
10
11
15
preferred (quay.)
1st
6'/<>
977
1
16
mortgage 6s,
25c
Brandtjen & Kluge Inc.
Corp.—
due 1946
Oct
American-La France-Foamite Corp., inc. notes due 1956-Oct
Armour & Co. of Delaware—
1st mtge. 20-yr. 4%
bonds, series B, due 1955
Nov
t
1st mtge. 20-yr. 47a bonds, series C, due 1957
Nov
1st mtge. 20-yr. 3 Va % bonds, series D, due 1964
Oct
Avery (B. F.) & Sons Co., 57o notes, due 1947
- Nov
Bethlehem Steel Corp., 3V2Vo debentures, due 1952
Oct
Budd (Edward G.) Mfg. Co. preferred stock, series of
1st
35c
$1
62Vic
$1
Class A (quai4.)
(quar.)—
Bourbon Stock Yards (quar.)
B
Class
825
Sep 30
25c
+15c
25c
Quarterly
Greif
9-20
10-1
10- 2
10-14
10- 9
75c
Bon Ami Co.,
Page,
977
Date
Issue—
Allegheny Ludlum Steel Corp.,
American Asphalt Roof Corp.,
835
571
571
1121
1
433,4C
50c
75c
preferred (quar.)——4
Bessemer Limestone & Cement—
6% preferred (quar.).
Bickford's Inc. of Maryland (quar.)__
—
Biltmore Hats Ltd. (quar.).
Birdsboro Steel Foundry & Machine
Birmingham Fire Insurance Co. of Penr.a.—
9-25
10-
10-14
25c
'
preferred (quar.)_y__.
6%
10-
10-31
Co. (N. Y.)—
•
Greenfield
10-13
10- 2
10- 2
10-20
11-1
10- 2
10-10
10- 2
10- 2
. 10- 2
;
6%
ISSUES CALLED
ENTIRE
I
Corp.
preferred (quar.)—
Stockyards, common (quar.)
25c
_______
:
Great Lakes
9-29
.,
10- 2
9-30
10- 2
9-21
75c
11- 1
10- 2
' 1
10-16
$4
$1 -
(increased quar.)
Extra
9-20
9-
9-19
9-23
(San Fran.)—
Quarterly-
9-19
11- 1
10- 2
10- 2
9-11
9-29
9-30
10^ 2
... .
.
pfd. (quar.)__
_______
Great American Insurance
9-19
9-3Q
10-16
$1.50
$1
Associates, 7%
Beacon
1233
873
1025
1
1
1
—————Nov
Li—
>T948'
Bath Iron Works
871
1
trust 7 Vs% in¬
of
Belt Railroad &
1
1, 1958
Oct
United States Leather Co., 7 fa prior preference stock—Oct
United States Plywood Corp., 4*/*% pfd. stock, series A_Oct
Wisconsin Fuel & Light Co. 1st mtge. 5s, ser. A, due
"
.
_
—
—
9-22
10- 2
37V2C
50c
15c
6V3C
Hardware Stores (quar.)
Hydro-Electric Co.__.
Nova Scotia (initial)..
Bankers Commercial Corp., 6% pfd. (quar.)-
1082
1
Safeway
Extra
Bank
730
1
1
v
9-20
10- 2
15c
50c
25c
20c
37,./2C
-
Bangor
1
15
1
-Oct
Nov
-—
—
_
984
1080
1186
985
832
986
832
1081
1
1
1
1959
Nov
Lor ilia rd (P.) Co. 20-yr. 3 7o
debentures, due 1963
Oct
Marion Steam Shovel Co. 1st mtge. 6s, due 1947
Oct
Megowen-Educator Food Co., 5% debs., ser. B, due 1947-Oct
Metropolitan Building, Ltd., 1st mtge. 5s__
Nov
Montreal Island Power Co. 1st mtge. 5'/2s, ser. A
Nov
New York Power & Light Corp. 1st mtge. 33A% bonds,
due
1080
Badger Paint &
1184
9-23
9-20
..
$1.25
15c
-
'
(quar.)——
—
l
Autoline Oil Co., 8% preferred (quar.)—,;—
Automobile Banking Corp., $1.50 pfd. (quar.)
,
Oct
Keyer, Fibre Co. 1st mtge. 4V2S, due 1956_:
Litchfield & Madison Ry., 1st mtge. 5s, due
v
Press■
Atlas
9-28
$1.25
.
Arrow-Hart & Hegeman Electric.———
1079
9-15
10-2
50c '
Oil, 6'v preferred (quar.)
9-20
9-28
(
——"fv $1.25
(accum.)——-
preferred
$5
Arkansas Fuel
(
-fi—50c
preferred (quar,)„^.r—
-—-4)
American President Lines, 5% pfd. (accum.)
American Seal-Kap Corp. of Delaware—.:'—
American Zinc Lead & Smelting Co.—
9-20
10- 2
10- 2
10-2
10- 2
10- 2
,
b'/fi
1079
1
1
1
1
1.
—Oct
series A, due 1961
Electric Co., 1st mtge. 4s,
Iowa
25c
15c
10c
$1.50
_________
American
1
982
1, '45
*
1
31
1
1
common
preferred (quar.) ___________
Manufacturing, common—
$2
9-21
10-2
10- 9
.
15c
10-31
Fulton Trust Co. (N. Y.) (quar.$1.50"' 10- 2
Fundamental Investors, Inc
22c
10-16
Fyre-Fyter, Class A
50c
10-15
Galvestcm-Houston Co.
20c
10-2
General Capital Corp. (Irregular)
"
29c
10-11
General Foods Corp., $4.50 pfd. (quar.)_I__
$1.12V'2
11- 1
General Investors Trust
(Boston)
6c
10-20
General Machinery Corp., common (irreg.»__
75c
10- 2
4V2 7o convertible preferred (quar.) _______ : $1.12 V2
10-2
Gibson Art Co. (quar.)_,
60c
10- 1
Gillette Safety Razor (quar.)
20c
10-25
Globe-Wernicke Co., 77o preferred (quar.)__
$1.75
10- 1
Golden State Co., Ltd. (quar.)_____________
.
25c
10-14
Goodall Worsted Co. (quar.)
*
50c
10- 2
Grand & Toy, Ltd, (interim)
$12V2C
10- 1
•
10-14
50c
25c
—:
_
"i
,
10-14
5c
__;
(Reading, Pa.) (quar.;
American Discount Co. of Georgia (quar.)-American Felt Co., 6Vo preferred (quar.)—^
American Investment Co. of Illinois—
Dululh, Missabe & Iron
19
E
Class
9-30
,
12- 1
9-29 r
9-29
$1
75c
Special
9-21
' 9-30;
-4 '.5c,
Stores—
Grain & Malting
,
10- 5
12-15
10- 5
10-11
,»(>rT2Vic
,v
preferred (accum.)___
Froedtert
9-20
(N. Y.j —
-
Co.
Bemberg Corp.,
American
*
1
Range Ry.—
1st mortgage 3%s; due 1962
,,
-Oct
Eastern Car Co., Ltd., 1st mtge. 6s, due 19o2——
Jan
Famous Players Canadian Corp., Ltd., 1st mtge. & collat.
,41/2% bonds, ser. "A," "B" and "C," due 1951Oct
Federal Water & Gas Corp., 5Va?b debentures due 1954_Nov
Gaylord Container Corp., 5V27a conv. preferred stock—Oct
Great South Bay Water Co., 1st ref. mtge. 5s, due 1949_Nov
Hartford Electric Light Co. 3fa debentures due 1967
Oct
Home Telephone & Telegraph Co.—
1st mortgage 3 "As, series A, due 1967
Oct
Houston Natural Gas Corp. 1st mtge. 4s, due 1955——Nov
International Rys. of Central America 1st mtge. 5s
Nov
>
-
American Casualty Co.
827
v
-25c'
—
__
American Bakeries
531
1077
25
10- 2
25c
Extra-
977
1178
1
1
Bldg., Inc., 1st mtge. bonds, due 1945-Oct
Central Maine Power Co. 1st 6c gen. mtge. 3fzfo bonds,
series H, due 1966_;
—Sep
Cincinnati Street Ry. Co.—
1st mortgage 6s, series B, due 1955—;
4
Oct
Burnett Central
$1.50
Quarterly
977
.
11- 1
(Pittsburgh) —
Quarterly
"-.Extra.—ll-J—
American Alliance Insurance Co.
Sep 30
"J"
Markets, 67c
Super
Allemania Fire Insurance
Shoe
Curme
&
9-29
10-16
28c
75c
25c
Light
Electric
10- 1
15c
...
—
Quarterly
of Re0
10-13
$1.25
(quar.)—
preferred (quar.)
$5 preferred
Alabama Power Co.,
Holder
Payable
-
r
(quar.)
(quar.)_
Co.
Filing Equipment Bureau, 47a
Fireman's Fund Insurance Co.
When:-
_
•
'
Co
Cleaner
Vacuum
River
$7
1 hare
Name of Companp
Date
bonds, ser, "D" to
mtge.
Fall
-
20c
Fafnir Bearing
Feltman
Per
1181
983
1185
985
30
475
25
Hoe (R.) & Co., 6Mi'/o. prior piu. ana 7% pfd. stocks—Oct 16
Interstate Debenture Corp., 20-yr. debentures, due 1955-Oct
1
Pittsburgh, Cincinnati, Chicago & St. Louis Ry. consol.
RR. 1st mtge. 4s_——Sep
Fifth Avenue Corp., 1st mtge. 6V2S, due 1945—_—Sep
Cincinnati See Muskingum Valley
9-20
Phonograph
&
Inc.
Esquire,
Eureka
Companies
Industrial and Miscellaneous
10- 2
District Electric (initial).
Empire Trust Co. (N. Y.) (quar.)
announced this week are:
The dividends
' $1.25
Empire
■*-p:.
v
declared.
(quar.)________
Quarterly
Emerson Radio
paid.
of tender
notices
9- 9
9-23
9-20
Products Consolidated (Seattle;—
Electrical
Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
which have not yet been
preferred
10- 2
9-30
10- 2
common
participating class A
57a
first we bring
$25c
$1.50
15c
Co._____l______
Manufacturing
Elder Manufacturing Co.,
of Ree. '
(quar.)_,_
pfd. (quar.)
Steel Products Ltd., 5 fa
Eastern
Edwards
In the
tables.
Dividends are grouped in two separate
Payable
thare
,
Holdert
When
Per
Name of Company
15c
12- 3
12- 3^
10-16
10-14
10- 2
12- 1
11- 1
10-16
11-15
11-15
9-30
9-30
9-15
11-17
10- 2
?
o
o \
1
M
THE COMMERCIAL & FINANCIAL CHRONICLE
1330
'
*
Per
*
Quarterly
Insurance
Co.
i
6%
preferred
Britain
50c
10-
2
9-20
Weinberger
(reduced quarterly)
______
20c
10-16
9-30
West Kootenay
B
1
9-21
$1.75
SI
England Confectionery.-New England Power Assn., 6'* pfd. (accum.)
9-29
9-22
7%
$1
33'/3C
____
6%
5
preferred
Vi
preferred
Class
'
6%
9-22
North
Texas
Northern
Co
10-
Illinois
Corp.,
Northern Indiana
common
10-16
10-14
$1.37Mi
.97 $1.50
$1.75
(Minn.)
preferred (quar.)
Old Colony
$1-25
10-14
9-30
10-
Pacific
—~
Corp.
<quar.)_
;
Philip Morris.
2
10-
2
Extra
4%
5
2
11-
10-
1
1
9-20
9-27
il-15
9-30
9-20
(quar.)—
——
St.
preferred
Lawrence
47c
St.
10-20
10-20
10-10
77c
9-20
Allegheny & Western Ry., Co., gtd.
Allied Laboratories, Inc
10-2
9-19
Allied
10-
9-25
10-15
2
10-
Allied
5
10- 2
$2
11-1
0-30
10-16
9-27
Amalgamated Leather 67c
62y2c
10-
2
9-
9
$1.25
10-
2
9-
9
9-30
9-20
9-29
9-27
16c
9-30
9-19
50c
9-30
9-19
50c
9-30
9-19
Brewing & Malting C0.__—•;? 3c
of St. LduiS*-'-
9-30
9-20
(quar.)
,2L;-
(quar.)__
"-
Extra
Sharon
Railway
Water Co.
(irregular)
—
5% preferred
Premier Mines (irregular)
American
Simpson's Ltd.. 6V2 7c preferred
Oil Corp.. (qtfaf.)
American Brake
$lc
pfd.
C
Standard
10- 2
9-20
75c
10-14
10-
4
of
75c
10-14
10-
4
stock or
$1.50
(quar.)_
10-
$1.75
10-
2
2
(interim)
Stanley
57c
Works,
Co.
77c
of
Struthers
Sun
$1.25
common
Textile
Thrift
•
•.
12-: !5 '
(N. Y.)
4
9-25
9-15
2
9-19
9-27
9-22
(quar.)
50c
Tobin
1st
conv.
preferred
Gold
Toburn
common
(accum.)
$40s/ac
(quar.)
2
American
25c
10-
2
2
77c
11-22
$ lc
9-20
5%
10-
2
9-23
$2
$$1.50
10-
2
9-15
Tropic Aire,
Tuckett
Corp,,
67c
Underwriters
Co.,
Trust
6 7o
pfd.
preferred
conv.
Tobacco
Ltd.,
(N.
77o
Y.)
A
$5
preferred
(quaf.)_
(quar.)
pfd.
22'/2c
9-15
$$1.75
(quar.)_
(quar.).
10-14
:
$1 :
2
$1.25
11-15
87!/2c
9-30
9-30
9-15
20c
9-30
9-15
Income Fund
Class
B
Tool, Class A (quar.)
United Printers
&
Publishers,
$2 preferred (quar.)
■ft
XJ. S. Hoffmann
U.
S.
com.
Wabasso
Wire
10-17
2
9-20
10c
2
10-
2
10-
2
683/4C
11-
1
10-20
(quar.)_
87'/2c
(quar.)
;
:
_
com.
(quar.)
$$1
25c
__
$1.50
$1.50
10-14
10-14
10-
10-
10-
2
2
9-
1
9-
5
8-31
10-
2
8-31
9-23
$3
10-16
9-30
9-30
9-15
9-30
9-15
$1/75
10-
9-
9
2
10- 2
pfd.
9-20
10c
9-28
9-20,
$1.75
10- 2
9-14:
10-
9-14
10-10
9-11
9-30
9-22
37 >/2c
9-30 V
$1.50
(initial)
common
2
15C
(quar.)
20c
$1.75
(quar.)
$i.i2y2
9-22
9-25
9-30
12-
1
10-
2
10-
2
10- 2
preferred
11-20
9-27
9-20
9-15
v
(quar.)_
$i.i2ya
10-
(accum.)_
75c
10-
2
9-15.
40c
preferred
11-1
10- 2
9-12-
(quar.)
$2
'
Ry.
2
9-15
9-30
8-31
$1.25
10-
2
9-
40C
10-
2
9-21
$4
■
Co.
10-
2
9
2
9-20>
2
9-
Mines, Ltd.
Cordage,
9-30
9-30
•9-23-
i2y2c
10-
2
9-20
'
preferred
10-14
9-21
tlOc
10-14
9-21
$32y2C
10-15
9-20,
$$1.50
(quar.)_
10- 2
9-15
Brazilian Traction
25c
Light & Power—
(quar.)
Bridgeport Brass Co., common
5'/2% conv. preferred (quar.)
Bridgeport Gas Light Co
i
Briggs Manufacturing Co. (quar.)
6V2V0
9-30
$1.50
9-30
15c
10-2
9-16
9-
9
10-2
9-
9
10-2
9-9
Brillo
preferred
Manufacturing
Co.
9/
J20C
;
$1.30
10-10"
$1
(quar.)
'
Brantford
9-20
16C
& Sons
Extra
10-11
2nd
$1.50
$1.12y2
12-
Inc.,
25c
9-30
9-14
$1.37y2
9-30
9-141
35c
9-30
9-15,
9-30
9-22
50c
25c
10- 2
$25c
(quar.)
10-
50c
common
5 7c
9-22
British
10-14
10-5
67o
10- 2
2
9-15.
9-15-
pfd.
2
9-20
(quar.)
$1.50
10-
2
9-20
(quar.)
$1.50
10-
2
9-20
(quar.)
25c
10-
2
9-
2
Broulan
25c
10-
2
9-
2
Brown
Hardware
Rubber, common—
25c
$1.75
(quar.)—
Products
Insurance
Corp.
(monthly)
9-30
20c
preferred
Co.
9-30
$1.50
(Newark,
N.
10-
2
9-30
__J
Co.
preference
of
&
Co.,
9-15
9-22
10-
2
9-15*
10-
2
9-30
$1.50
10-16
37y2c
9-30
9-
4y2% pfd. (quar.)
.
77o
Co.,
9-15.
Burlington
2
9-14
10-
2
9-14
12V2c
(Indianapolis)
9-30
V
9-16'
Co.
30c
25c
10-
2
9-15
10-
1
9-
10-
2
9-
5*
$2.25
10-16
9-15
$1.50
10-
2
9-
5V\7o
9
$1.75
pfd.
$6
preferred
(quar.)
Wringer Co. Inc
9-27
Anaconda
Copper
^
Mining
Co
2-14
9-30
9-19;
87 '/2c
9-30
9-19
$1.75
9-30
9-19
$1.25
10- 2
9-20
15c
10-
2
9-15
'10-
2
9-15.
$97.70
10-14
9-14-*
10-
2
1
9-18
12-
1
11-15'
1
11-15
preferred
7 7c
$1.25
pfd.
preferred
(quar.)
2
9-15
10-
2
9-15*
3iy4C
(initial quarterly)
preferred B
2
10-
$1.50
(quar.)
10-
75C
(accum.)
12-
$15c
(quar.)—:
9.
conv.
California
67c
,
57o
Water &
preferred
Canada
preferred
prior
^10-
2
10-
2
3iy4c
(interim)
first
—
$5c
9-11.
9-21
9-21-
10-16
9-
preference
HO
9-15*
Canada Northern Power
Ltd.,
10-
2
9-22-
2
9-15
Canada Packers Ltd.
lOc
9-30
9-11
Canada Permanent
Mortgage
50c
9-25
9-
Canada
Lines
5
t
9
37'/2c
10-
com.
(quar.)
2
9-20
9-30
9-15
9-30
9-15
$ 15c
10-25
$$1.75
(quar.)
$15c
$$1.25
:
common
(auar.)
10-
preferred
$1.31
Telephone Co.—
15c
77o
(quar.)
(quar.)
Cycle & Motor,
$1.50
:
Ampco Metal Inc
9-27
non-cum.
9-21
California Electric Power—
(quar.)_
Sugar Refining, 77c
;
Calgary & Edmonton Corp. Ltd.
—
;
conv.
57o
2
2-28-45
10-
Bldgs.,
5 7c
9-21
10-
$1
40c
Bush Terminal Co., 67o
Butler (P. H.) Co.—
10-
2
50c
Bush Terminal
60c
9-15
10-
$15c
5 7c
preferred (quar.)
Burlington Steel Co. Ltd.
9-20
9-15V
(quar.)
8-25
2
-9-30
2
common
Mills,
9-15
10-
10-31
10- 2
$1.75
9-30
9-20
9-12
Co.—
Co., 7 7o preferred(quar.)
;
10-14
2'
1
2
25c
_/_
Mfg.
10c
10-
_
(quar.)
$1,12V2
$1.50
common
(quar.)
preferred
9-22
10-
10-
$1.25
(irregular)
(quar.)
Building Products
Bulova Watch Co.
10-14
30c
preferred
(quar.)—
Wire,. $2 pfd. A
Co., common-.
(Edward G.)
10-
9-30
2
$1.50
preferred (quar.)
Bucyrus-Erie Co., common
Budd
9;
20c
1.
Corp.—
&
L.)
10-
15c
(accum.)
preferred
10-14
10-15
$4c
$5
9-15*
25c
(E.
$40C
75c
(quar.)
(irregular)
(quar.)
77o
preferred (quar.)
Brunswick-Balke-Collender
9-22
25c
l
prior preferred
3y2 7o
$1.75
common
Metals
9-20
$1.25
Distillers
preferred
Bruce
2
8-29
9-
50c
common
$5
5
10-
9-30
10- 6
25c
;
(quar.)
$6
9-14*
50c
Mines
Co.,
preferred
Brown-Forman
2
10- 2
—
Porcupine
Durrell
57c
2
10-
62y2c
(quar.)
(quar.)
County Trust
Brooklyn Borough Gas Co.—
67c participating preferred
Illinois—
(quar.)__
(quar.)
preferred
10-
(quar.)
Bronx
Brown Fence
25c
preferred
6
9-15
9-
2 »/2%
Power—
Broad Street Investing Corp
J.)—
5c
conv.
,
104
194)—
9- 5
British Columbia Power Corp. Ltd.—
10-
preferred
American
preferred
.Class A
common
(quar.)
10- 2
Columbia Electric
12'/2c
Felt
Ltd.
Co.
(Coupon No.
(bearer) (s-a)
preferred
9-26
&
Oil
Ordinary stock
9-22
2
10-
-
9- 8
10-
9-18
American Water Works & Electric—
*
9-11
2
10-
9-
Hair
1st pfd.
American
9-23
2
9-15
2
American Telephone & Telegraph
(quar.)
American Tobacco Co., 6% preferred
(quar.)
9-30
2
31 %C
10-10
American Stores
9-30
10-
10-
10- 2
37>/2C
10- 2
Quarterly
-
25c
Washington Title Insurance,
6% .preferred A (quar.)
67c
9-20
9-15
Corp
conv.
E.),
2
62y2c
v
6%
(quar.)
4V2% preferred
4y2%
9-11
9-15
10-
25c
(quar.)
Tobacco,
(Sidney), Inc.,
(E. J.)
25c
American Snuff
9-20
50c
10-
Co.—
(quar.)
American Stamping
American States Insurance
9-20
,
Machinery, 5Vzrw pfd, (quar.)
Cotton, Ltd.
Washburn
1
1010-
(reduced)
preferred
11-
$1.25
(irreg.)_
Smelting, Refining & Mining—
Common
77o
I
4!/27c-pfd. (quar.)
American Rolling Mill Co.,
American Screw Co.
10-17
50c
I
common
preferred
1
10c
Products Co.,
participating
11-
preferred
$2 preferred
Extra
15c
(quar.)
United Milk
$3
&
9-15
Bralorne
15c
American Optical Co. (quar.)
American Radiator & Standard Sanitary—
Common
:
;____
9-20
20c
9-30
American Nat'l Bank & Trust Co. (Chicago)—
10-31
preferred (quar.)_
$1.50
12'^c
(quar.)
Electric
Quarterly
Union Stock Yards Co. of Omaha Ltd.__
Drill
77a
10-31
9-1 r
1
30c
common—
Insurance
$1.18%
&
American Machine
9-27
11-15
1
10-
$1.75
(quar.)
Herald-Traveler Corp
;
Gas
American Locomotive
5
9-29
J. 77
(quar.)
United Bond Fund
United
10-
9-
$1.12V2
Union Electric. Co. of Missouri—.
$4.50
Co.
American Investment
75c
Finance
9-21*
75c
Extra
40c
Traders
9-14*
9-21*
series
;
(quar.)
Semi-annual
Toledo Shipbuilding Co
9-30
2
3
aV share of class B
1
10-
10-2
(quar.)__
Boston Personal Property Trust (quar.)
Boston Storage & Warehouse
Botany Worsted Mills, class A (quar.)—
$1.25 preferred (quar.)—
B
Fruit Growers
American
10-20
Ltd
class
9-15
$1.50
Boston
of
(optional dividend
(accum.),
American Home
9-23
(quar.)
of
series
1010-
10- 2
683Ac
Extra
9-23
10-
share
cash____
preferred
American
Torrington
Co.
class A
American Hard
9-21
$1.75
(quar.)
Mines
10-
dividend
^
American Ice Co., 6%
preferred
Packing Co.,
7%
•
$6
10-10
10-
(optional
2
Braeh
$1.75
(irreg.)_
10-
$$2
pfd. (quar.)
11-25
6%
11-24
$1.50
com.
$2.50
$1.75
Foundry Co.,
77c
Boston
,
9-15
9-15:
$$1.75
_i
Elevator
9-15
2
75c
1
American
9-21
1
9-15
Boston
2
10-
t50c
(quar.)
9-30
4%%
2
(quar.)
9-30
9-21
10-
•
10- 2
i$i
$1.50
American
10-10
preferred
9-21
9-22
35C
(quar.)__c__
Inc.,
Borg-Warner Corp.
Boston & Albany •
9-21.
9-30
6c
A
9-30
9-30
(F.
1
'
American Express
1'
10-
25c
Booth
10-
9-11
British-American Tobacco Co., Ltd.—
6
30c
7*
7*
9-22
$1
9-15
G
$1.75
__
99-
9-15
1
50c
9-15
10-
$1.12,/2
,
preferred (quar.)
$6 preferred (quar.)_
2
2
2
2
$1.06 >/4
(quar.)
9-23
10-
11-
77c
10-
10-
10-
$1.25
.__
Corp
Corp.,
•;
5' '>
25c
(quar.)
Laughlin, Inc.,
Stores,
9-
10-
40c
10-16
11-
12-15
Co.,
Bond
9-30
$1.37 y2
Industrial
Merrill,
9-21
125c
Bohn Aluminum & Brass
10-
150
(quar.)
(quar.)
preferred
Bobbs
2
9-30
68 %C
——
common
Aviation
Brothers
77c
9-20
9-30
$1.31V4
(quar.)
(quar.)
Blumenthal
9-22
10-
35c
Creamery Co., common (quar.)
(quar.)
class A (quar.)
5%'conv.
Bloch
2
25c
preferred
&
10-
9-11
25C
Lomb
Steel
9-21*
2
6%c
preferred
B
9-11
2
50c
Co. (New York)
(quar.)_
Asphalt Corp. (resumed).
Corp., common.——
&
2
10-
7VzC
Bros.
preferred
1010-
$3.50
(quar.)
$1.25
$1.75
1
10%
(quar.)
(quar.)__
Y.)
*
7-
25c
(quar.)
Creek RR.
4-v
9-30
10-15
9-23
$1.75
quar.)
Optical Co., common
convertible preferred (quar.)
Bliss
9-20*
10-14
$2
(N.
(increased
Blaw-Knox Co.
9-15/
10-14
Co.
$1.25
1
9-28
9-16
10-
York
$6 preferred
9-15:
9-29
2
$1.50
(quar.)
Manhattan
Inc., 77o prior pld. (quar.)
Bird & Son, Inc.
(quar.)_
Birmingham Electric, $7 preferred (quar.)__
9-15
20c
common
preferred
of
B/G Foods,
9-15*
10-15
(quar.)
Loan, common
$2.50 prior preferred series 1938
(quar.)„
9-15
-
10-
9-23
Bethlehem
75c
(quar.)___
Credit, class
American Fork & Hoe Co.,
Stores, Ltd.—
6'/a%
<
f9-10
11-
2
9-29
.
9-23
9-23"
9-
pfd.
preferred (quar.)___________________
American Envelope, 77c preferred (quar.)
American European Securities, $6 pfd. (quar.)
11-
11-15
pfd
57c
11-
50c
10-
30c
9-30
9-30
12y2C
5'A7c
British-American
11-15
31J/4C
7%
Banking Co.
9-30 :f'
6 7c
cash___
1928)
$75c
.
preferred (quar.)
(quar.)
(stock dividend)
Electric Service,
Shoe,'
A
or
Common
10<J 5 ;
fr>H.
2
9-30
2
Bendix
1
10-
9-19
2
Corp.
Beneficial
American District Telegraph (N. J.)—
,i
'f '^9-19
k)A
Corp.,
57c preference (quar,)
1 '
2
9-30
10-10
35c
Inc
(quar.)
Bell Telephone Co. of Canada
4
10-
8-26
37y2c
(quar.)_
2
10-
17c
"B"
Chemical.
T.)
9-11
10-
10- 2
25c
(quar.)
common
(accum.),
conv.
$75c
(quar.)
Taylor-Wharton Iron & Steel Co
Texas
9-30
^
12-15 'T
3IV4C
class A preferred
Telluride Power Co.,
10-20
Y.)
American Coach & Body CO.—____________
American Crystal Sugar Co., 67c pfd.
(quar.)
class A (quar.)
9-23;
-.1
(N.
American Cyanamid Co.,
Class B (quar,)__
9-19
11-
2
50c
common
Signal Co.
9-30
11-15
10-
f-I
(quar.)
Wells,
9-20
$1
(quar.)__.
Canada,
Oil Co.,
4V27o
30c
common
preferred
Submarine
$3iy»c
Acid
&
2
►
Co.
preferred
Steel
75c
___
$3
9-20
50c
Phosphate
(irregular)
1936)
9-20
10-
31'Ac
—_
Wholesale
Works Inc.
class
10-14
$1.75
preferred
$2.75
11-15
Standard Paper Mfg.. 67c
pfd. (quar.)—_
Standard Pavings & Materials, Ltd.—
conv,
Can
stock
preferred B (quar.)
Stanley Works, common
59b preferred (quar.)
Screw
9-30*
1
$1.06'/4
(quar.)
American Cigarette & Cigar, 67c pfd. (quar.)
American Cities Power & Light Corp.—-
9-25
1
preferred
preferred
$1.75
77o
Participating
10-25
11-
2
5c
y
,"
20c
___—
Spicer Manufacturing Corp., common
$3 preferred (quar.)
Springfield City Water, 6%
77o preferred A (quar.)
•'
9-22*
10-
11-
20c
preferred
American
(accum.)$$3.62V2
Roof
American Business
7%
9-
75c
;
(quar.)
Extra
American Car &
9-30
$4.25
Note,
9-23
'
9-25
pfd.
Common
8*
20c
(quar,)________
9-20
$1.25
Southern Bleachery & Print Works—
77c
preferred (quar.)
Standard
Bank
67c preferred
10-2
;
9-
67c
Co.,
Packing (quar.)
Belding-Corticelli Ltd., 7% pfd.
9-15
2
& Sons
Beech-Nut
9-29
10-
9-15
for each
Conn.)—
10-
Class
9-11
10-20
9-30
5c
10- 1
$1 •;
10c
1
75c
(quar.)
9-21
-7
10-
$$1.25
(quar.)
—;
Common
9-21
'
■
(quar.)
Sinclair
10- 2
($20 par)
held
(Hartford^
10-
$4.25
9-11
$1.50
pfd. (accum.)
Chemical
Insurance
American Asphalt
2
__________________________
Shippers Car Line,
Silbuk
Lines,
$1:25 i' J10- 2
(quar.)
Shasta
10-
1
5.
9-25
20c
Beatrice
9-15
10-
9-20.
10-
10- 2
—
Beatty Brothers,
12-20.
1
11- 1
$1.25
Beech
1-2-45
.
9-30
$1
17Voc
9-23"
57o
8
10-
80c
5'/4%
25c
____
conv.
(quar.)_
'Extra'
9-13
common
pfd.
preferred (accum.)
Amalgamated Sugar Co. <quar.)_
American Air
9-20
—
6%
conv.
American Alliance
0-15
preferred
America,
American Agricultural
Securities Investment Co.
57c
50C
,'Y V
>
9-16-
$5.50
1
25c
175c
$25c
12-
/:■ 9-11
9-30
Bausch
9- 8.
25c
common
$$1.75
17V2c
9-30
9-11
9-30
25c
Bastian-Blessing,
9-8
9-
2
9-30
10- 2
5%%
8
50c
Cement
of
9-
2
10- 2
25c
Aluminum
9-27
(quar.)
50c
Bankers Trust
9-20
10-
$1.25
Mfg.
Portland
67c
10-
$3
common
Aluminum Co. of Canada, 57c pfd.
Aluminum Goods Mfg., common
10- 2
Corp.,
common
I
9-18.
8-31.
50c
Barber
8-31
9-30
1
9-25
9-30
$1.37 y2
Barker
9-15
(quar.)____
9-30
10-2
Common
Corp.,
preferred
Co.
2
2
15c
(quar.)
common
9-27
'
(s-a)___
(quar.);
Stores
9-23
10-
9-
10c
125c
(quar.)
•
9-18
9-30
.;<
i. 9-15
10- 2
$20c
(quar.)
Bank of Yorktown (N. Y.)
(quar.)
Bankers National
Investing, 67o preferred-
9-30
10-
9-25
25c
(quar.)
Canada
Co., com.
Insurance
Bank of New
9-30
10-14
43%c
Corp.
11-1
3c
preferred
Seattle
A
Allis-Chalmers
0-15
50c
convertible preferred
$2
Products
Class
9-30
10-14
$1.75
9-19
(quar.)
8-26
35c
1
$1.25
Sugar Refining
2
$1.50
common,
2
Brewing Co
Finance
Steel,
10-16
preferred (quar.)________
Seaboard
Ludlum
10-
Savannah & Atlanta Railway Co.—
5','0
10-
$3
$35c
57c 2nd preferred (initial quar.)
San-Nap-Pak Manufacturing Co, Inc.—
70C preferred (quar.)
Sangamo Co. Ltd.—_____—1—_—
9-14
$1.75
$25c
6% pfd. (accum.)
Regis Paper, $2.50 prior pld. (initial quar.)
Schmidt
15c
""I""""
I
(quar.)
67o
8-26
2
15c
(s-a)
iquar.)__
preferred (quar.)__
2
8
50c
(J.
Bank
10-
.1
9-30
9-21
$1.25
of
preferred
of
9-
10-2
Bangor & Aroostook RR., 57c pfd. (accum.)
Bangor Hydro Electric, 77c pfd. (quar.):
9-15
10-
9-11
9-25
10-10
50c
Common
BancOhio
9-15
10- 2
10-2
15c
Extra
9-21
75c
preferred
5%
(accum.)____
Ltd.
Co.
9-30
10-10
$$1.75
(quar.)___
■____
Mills
of
shares
Baker
2
3c
30c
Lawrence Paper Mills,
Savannah
preferred
Alpha
preferred
conv.
$1.50
Backstay Welt (quar.)___
7
9-7
10-
$1.25
Brass
Allegheny
Corp.—
Flour
9-30
$1
(quar.)
Alabama & Vicksburg Ry.
10-10
$1.25
9-
9-30
10-16
9-15
,
i2y2c
dividend
Axe-Houghton Fund
Axe-Houghton Fund
9-23
8c
Inc.
25c
——
1
40c
(quar.)
Fund,
10-
preference-
of Rec.
10-
9-15
10- 2
10- 2
~"I_
(quar.)
(stock
share
Common
20c
Inc.
Payable
37J/2c
(quar.)
$1.25
(quar.)
A
Class
Lawrence
7%
St.
$7
9-21
Joseph Railway Light Heat & Power—
5'/o
Co.
$1.25
(accum.)
Holdert
—
Manufacturing (quar.)
Alabama Power Co., $6 preferred (quar.)
10-20
25c
—
Rochester Telephone Corp. (quar.)
Kockwood & Co., 5% prior preferred (quar.)
St.
1
9-27
25c
—
Akron
9-22
11-
lc
When
20c
Agricultural Insurance (Watertown, N. Y.)—
Quarterly
_i
9-25
9-29
$1.25
__________
5
10-
25c
Rice Ranch Oil Co.____
St.
One
9-20
9-15
$1.50
(accum.)
Refining Co.
preferred
Co.
2
$1.75
(quarj
Atlantic City Fire Insurance
(quar.)
Atlantic Refining Co., 4%
preferred (quar.)_
Atlas Thrift Plan. 7%
pfd. (quar.)
Companies
25c
Agnew Surpass Shoe Stores, Ltd.—
77c preferred (quar.)__.
9-20
9-30
Russek's Fifth Avenue,
Insurance
preferred
Affiliated
10-13
10c
conv.
&
Quarterly
Avery (B. F.)
30c
Life
30c
$1.20
Investment
Standard Engineering Co.—
$1.25
$1.75
_____
——
Co.,
(quar.)_
Co.
Aetna
pfd. (quar.)
Petroleum
Mfg.
Aetna
preferred (quar.)
Real Silk Hosiery Mills, 77o pfd. (accum.)__
Reliance Electric & Engineering, common—
Root
Associates
40c
Extra
57c
preferred
D.)
9-30
9-15
57c
(J.
9-30
10-2
Extra
9-22
$1
10-20
9-22
Co.
9-30
15c
10-20
10-16
Rochester Button
Breweries
10c
(quar.)—
Addressograph-Multigraph Corp.
Aero Supply Mfg., Class A (quar.)
Aetna Casualty & Surety (Hartford, Conn.)
Quarterly
Aetna Insurance Co. (Hartford, Conn.)
9-30
10-21
50c
(quar.)
Associated
thare
-
preferred
Adams
9-30
10-
$1.25
$5 convertible preferred
Ashland
9-22
10
Name 0} Company
57o
Public Service Corp.-,of N. J.—
67o
preferred (monthly)
Car., common
9-22
1
Automobile
——
*Puget Sound Power & Light Co.—
$5 prior preferred (quar.)_
Steel
1
10-
Autocar
9-20
9-30
5C
Construction
Oil
6
9-22
2
10-
$1.75
Works (quar.)
Corporation (quar.)
Asbestos
Corp., Ltd.
(quar.):
9-30
10-
9-30
25c
Metal
week, these being given in the
Properties Inc., 4 7o pfd. class A (s-a)
Abbott Laboratories, common
(quar.)
9-20
10-15
10c
Plymouth Cordage Co. (quar.)—
$1.50
?.
Employees stock _—i
—_—15c
Ralston
preferred
10-
15c
A P W
9-25
10-
10-25
______________
Puget Sound Pulp & Timber, 6%
this
of Rec.
10-
$1.25
common
Arundel
-
9-29
10-16
______
'
Art
9-25
Per
"Morns (Philip)."
See
Pilgrim Exploration (irregular)
9-30
5
10-10
50c
prior
$1.50
Industrial and Miscellaneous
9-25
10-
15c
—r,#." $1.50
common
V 40c
Co.,
Transportation
10-
:
10-14
(HI.)—
$1.75
10-2
2
10-16
_
preferred (s-a>—
Philadelphia
2
10-
(quar.)
_________
(irregular)
imi;
Coip.
Philadelphia Co., common
67c
pfd.
(quar.)
(quar.)
Telephone
Peoples
pfd. (quar.)—
(quar.)———
$3Vat
10-16
preceding table.
10-16
25c
$1.25
50c
87'/2c
$1
25c
$2
Trust Associates (quar.)—
Greyhound Lines,
Packer
conv.
Metal
we
announced
(quar.)
Constable Corp
Equipment Corp
Art
9-21
dends
10-20
10-20
25c
Packer Advertising Corp.
9-30
Payable
15c
M.f
v
—
Pacific Gas & Electric
9-25
—
Leather
Orange & Rockland Elec., 5%
(irregular)
10- 2
give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
10-20
.
Northern States Power Co.
$6
57c
Below
When
thare
r
Arnold
10-16
1
9-19
9-22
1
Curry Co.
77o
10-15
$1.25
preferred (quar.)—
SVz'/b preferred————————
6% preferred
:
l'/o preferred
——
—
$5
(J. S.) Co., common (quar.)
preferred <quar.)_-_____
Youngstown Steel Car Corp. iquar.).
&
^
common
Arkansas Power & Light Co., $7
pfd.
$6 preferred
(quar.)
9-20
9-30
25c
Young
Public Service Co,—
57c
Ohio
Yosemite
11-
10- 2
15c
—______—
9-28
11-
10-15
$2
9-21
25c
37'/2c
—___
preferred *quar.)
Park
preferred
Aro
9-28
1
1
$3
2
2
11-
40c
(quar.)
9-30
11-
11-15
Inc.—
Woodward Iron Co._____
10-
•——-
convertible
$1.50
9-30
9-28
25c
9-14
1
87v
2
Company
Apex Electrical Manufacturing Co.,
77c prior preferred (quar.)__
Applied Arts Corp. (irregular)
9-23
0-26
12-
17'/2c
preferred (quar.)__
Woodall Industries. Inc
Judd
$5
Armour & Co.
10- 2
._—50c
_
preferred (quar.)__———75c
Manufacturing Co
50c
North Shore Gas <s-a>—_
'
25c
&
10-2
10c
—
Cos.
10-20
50c
9-23
43%c
common
(quar.)
(accum.)___
preferred
10-
68%c
(accum.)
2
Securities Co.—
Western Insurance
Western Massachusetts
9-30
10-20
75c
_.
prior
North
Foundry,
preferred
preferred (quar.)—
6%
10-
(quar.)—_—$$1.75
convertible
Holdert
Per
Name of
-
Anchor Hocking Glass Corp.
Power & Light Co. Ltd.—
West Michigan Steel
9-22
9-30
9-21
25c
Will & Baumer Candle Co.
Rayon Corp., Class A.______
B
10-2
Corp.—
(accum,)
North American
_______
9-22
15c
$2 preferred (accumj_______
Norma-Hoffman Bearings
North American Investment
2
10-
of Rec.
9-30
50c
Drug Stores
preferred
10-16
10-16
11-
(quar.)___
New
•
7%
1
9-30
11-
$1.50
—
_
1
50c
$1.62%
pfd. A (quar.)
(quar.)____
Machine
Payable
Monday, September 25, 1944
Holdert
'
iPdy. & Machine (quar.)_
Waterbury Farrell
When
thare
Name of Company
of Rec.
——
—
Newberry (J. J.) Realty. 6Va7c.
Payable
Per
Holdert
Hartford)—
_
National Fuel Gas
New
thare
Name of Company
National Fire
When
10-16
9-20
~
(quar.)
Steamship
(quar.)—
(quar.)
9-20"
'
$$1
10-
2
9-
$$2
10-
2
9-15
$50c
10- 2
1
9- I'
'
10-
$85c
preferred (quar.)
;
Canadian Canners, Ltd.—
Common (increased quarterly).—:
5 7o
1st preference (quar.)
$3.40
conv.
Light & Power
Consolidated Bakeries of Canada
8-15
2
Participating
60c non-cum.
zi.*.:
2
9-15
10-
2
9-15
$5c
10-
2
9-15
$15c
10-
2
9-15
10-
$8c
—
9-21
10-10
$2 5c
...
Extra.
9-30
9-14
$2 5c
Canadian Celanese
9-30
9-14
9-30
9-14
' 10-31
9-25
$$1.75
participating preferred (quar.)
___
Converters Co.
(quar.).
Canadian Cottons, Ltd;, com. (initial quar.)
Prefer! ed (initial quarterly)
t_,
Canadian Food Products. Ltd. (quar.)
Canadian Foreign Investment Corp., Ltd
Canadian General Electric, Ltd. (quar.)
Canadian General Investment, Ltd.—
7%
$75c:
Canadian
Stores,
2
2
8-21
10-
1
9-
10* 2
9-15
Consolidated Steel
10-J 6
9-30
Consolidated Water
Canfield Oil,
6f/e>
10-31
9-29
$$1.25
10-31
9-29
$$1.75
10-14
$$2
1010-
$37Vs>C
10-
Capital Transit Co.
2
.:9-11
9-30
9-20
9-30
9-13
preferred
Telephone & Telegraph
Carriers
$1.25
9-30
9-15
Continental Telephone Co.—
$1.50
9-30
9-15
participating preferred (quar.)
7%
participating preferred (quar.)_
.
6V2 7o preferred
(quar.)
6V27c preferred (quar.)
Cooper-Bessemer Corp., common
$3 prior preferred (quar.)
Cooper (Peter) Corp., 6y2% pfd. (accum.)—
Cornell-Dubilier Electric Corp.—
$1
10-
1
9-21
$1.50
10-
2
9-18
10-
2
9-18
$2
10-
2
9-22
&
(quar.)
5c
(quar.)
10-
2
9-20
50c
10-
2
9-15
$1.50
—
Mills, common (irregular)________
,6Vc preferred A (quar.)—
_____
,6% preferred B (quar.)
_
Case («T. I.t Co., 7%
preferred (quar.)
of America—
Common (stock dividend).
One share
common for each 70 shares field—
9-15
10-
2
60c
10-
2
9-15
$1.75
10-
1
9-12
1st-preferred (quar.)—
$4.75
10-2
9-15
75c
.
& Gas
1
9-20
$1.12%
10-
2
9-20
$1.75
10-
2
9-11
$1.50
Light 4J/2% pfd. (quar.)—
Central Maine Power, 7% preferred (quar.).
Illinois
(quar.)—.—
$6 preferred (quar.)
57o dividend series (quar.)
Central Paper Co. Ine
Central Patricia Gold Mines Ltd.
10-
2
9-11
10-
2
9-11
10-
preferred
$1.50
_
.
2
9-30
(quar.)
$3c
—
9-30
9-
(quar.)—
Manufacturing (quar.)
,
9-25
9-20
2
9-15
Decca
2
9-
$1
Extra
9-25
$1
15C
10-
2
9-20
10-
2
9-20
Denver
75c
10-
2
9-20
Derby Oil & Refining,
30c
10-14
9-14
$1.75
10- 2
9-20
10- 2
9-15
$1.25
$1%
12-
1
85c
10-
2
9-16
Citizens
$1.75
10-
2
9-11
(quar.)
preferred
77c
75c
10-
2
9-30
Ice
30c
9-3G
9-23
$1.75
*—
Supply, 67c
Citizens Wholesale
City
10- 2
9-25
pfd.
& Fuel Co.
City Investing Co., 77c preferred
City National Bank & Trust Co.
Quarterly
;
<quar.)_
.1—
(quar.)
(Chicago)—
50c
Illuminating Co., common
preferred
(quar.)
Machine (quar.)
Molybdenum (quar.)
Clinton Water
77o pfd.
(quar.)——
Works Co.,
Clorox Chemical Co,
Cluett
77c
& Co.,
Peabody
common
(quarj.
9-15
9-25
9-30
9-15
Dow
9-30
9-15
preferred A (quar.)
Dow Drug Co., 77c preferred
10-
2
9-15
$1.25
10-
2
2
9-16
10-
2
9-16
$25c
12-
1
11- 2
—
Colgate-Palmolive-Peet Co., $4.25 pfd. (quar.)
Collateral Loan (Boston) (quar.)
__
Colonial Ice Co., $7 preferred (quar.)—.
V
$6 preferred class B (quar.)—______x__,
,
Columbus Dental
Columbus &
-
25c
(quar.)
,
Southern. Ohio Electric—
4 Va 7o s preferred (quar.LCommercial Investment Trust
Corp. (quar.)
Stamping Co.—
Commonwealth Edison Co, (quar.)—
2
11-
1
10-16
$5c
10-16
9-30
$10c
10-16
9-30
r
5
9-15
10- 2
9-14
pfd. (quar.) —
Corp.—
9-30
9-15
$1.25
10-
3
9-19
5Vz7c pfd. (quar.)
Water & Light Co.—
$1.37%
10-
2
9-11
preferred (accum.)
—
preferred (quar.)
preferred (quar.)
77c
Electric
11-15
10-31
$$1.50
9-30
9-25
12-31
12-25
2
9-15
Co.,
57u7c
,
El Paso
El
Paso
Emerson
Emerson
preferred (quar.),
Management Corp. (s-a)
75c
10-
10c
10-16
10-
10-
2
7%
Foster
67c
25c
(quar.)_
(quar.)
37V2c
9-21
Fraser
10-
2
9-21
Freiman
(A.
67c
J.),
Co., 77c
9-15
Fuller
Brush
10-
2
9-15
Fuller
(George A.)
10-
2
9-16
10-
2
9-16
,
9-18
10- 2
9-25
'9-11
9-30
9-11
V 10-
Gair
9-30
9-15
10-16
9-30
1
11-15
12-
9-30
Gemmer Manufacturing
12-15
General
t30c
25c
1
10-10
2
9-27
10-30
(quar.)
9-16
9-11
General
10-16
9-28
General Motors Corp.,
10-16
9-28
General Outdoor Advertising,
.
11-1
Corp.
General Instrument
67c
10- 2
10- 2
10-16
10- 2
10-16
10-16
10- 2
10-2
9-25
9-
(quar.)
pfd. (quar.)____
$2.67
9-15
9-30
2
10-
2
9-20
9-
$1.12¥2
9-15
9-15
9-20
10-10
9-15
9-18
10- 2
25c
10- 2
(quar.)__
50c
(quar.)
$1.50
j,
20c
10c
$62'/2c
25c
5c
i
—
Consolidated Gas (quar.)
common
preferred (quar.)
(Texas), $4.50 pfd. (quar.)
Gas (quar.)
Drug Co., 87c preferred (auar.)—
Electrical Manufacturing Co.—
9*25
9-25
10- 2
9-30
9-30
10- 1
10- 2
10- 2
10-2
9-30
$2.50
10- 2
10- 2
10- 2
25c
68%c
$1.12ya
9-30
10- 2
10- 2
60c
50c
9-30
10- 1
9-30
15c
10c
$1.75
9-30
10- 2
Refractories
General
$6
C.)
(A.
Gilbert
Glidden
9-22
—
—1
common
conv.
Class A fquar.)-^
(quar.)___
preferred
Telegraph Co. (quar.)„_-__Inc., $2>/2 preferred (quar.)
(B. F.) Co., $5 preferred (quar.)_
<St Stock
9-15
Gold
9-15
Goldblatt
9-15
Goodrich
9-
5
9-
5
Goodyear Tire & Rubber
Common
(quae.)
9-18
9-18
8-31
9-22
9-
9
9-15
(quar.)
preferred
Godchaux Sugars,
$7
$5 preferred (quarJ—
(N. Y.) (quar.)__
Insurance Co.
Co.,
47z7o
preferred (quar.)_
Co., $3.50
Gillette Safety Razor,
11-15
11- 1
67c
10- 1
10- 1
9-15
9-20
10- 1
10- 2
9-20
9-11
.
Bros.
(Canada) —
_____
preferred (quar.)____
Fisheries Co. Ltd. (quar.)
Gotham Hosiery Co., Inc., 77o preferred-!—
Goulds Pumps Inc., 77c preferred (accum.) _
Graham-Paige Motors, 57c pfd. A (quar.)__
Grand Rapids Varnish
(irregular)_________
57o
Gorton-Pew
$1-50
15c
$1.25
$1-50
87y2c
$1.25
40c
30c
56(4c
$1
$1-15
$1.50
62>/2c
$1.25
10c
9-18
preferred (quar.)—
Great American Industries
9-20
Great American
9-20
9-18
Co., Ltd.—
preference (accum.).—
$25c
$2 class B partic. preference (accum.$25c
Great Lakes Power Co., Ltd.. $7 pref. (quar.)
$$1.75
9-15
Great West Life Assurance
9-11
Great Western
9-18
9-15
9-22
9-22
9-20
Co., common
(quar.)
7 7c
Insurance (N.
Paper
Sugar,
preferred
(B.)
(Winnipeg) (quar.)
(quar.)__—
common
(quar.)
67c 1st pfd. (quar.)—
(quar.)
;—Wire Co. Ltd. (quar.)
2nd preferred
Greening
Y.) (quar.)—
10c
30c
A partic.
Great West Saddlery,
67c
35c
25c
5 7c
$2 class
9-20
1110101010-
10-
9-15
9-15
9-15;
2
2
2
2
1
2
1
1
1
1
9-20
10- 2
9-11
9-12
9-12
9-18
9-18
9-15
10- 2
10- 2
9-9
9-15
9-15
9-2_
$62y2c
75c
$1.75
$1.75
62*/2c
Grand
Great Lakes
9-30
10101010-
9-15
Grant
9-25
10- 2
9-13
9-15
9-20
9-20
$62c -10- 2
9-15
T.)
9- 5
9-30
2V2c
Co
Brewing
$1.12'/a
9-20
Valley,
9-11
10- 2
30c
9-27
40c V 9-25
62'/2c
10- 2
25c
10- 2
9-20
(W.
9- 8*
Co.—
(quar.)
General Water Gas & Electric—
$3 preferred (quar.)
Georgia Power, $5 preferred (quar.)
67c preferred
(quar.)
preferred
47z7c
Glens Falls
9-22
(quar.)__
Corp., common___-
preferred (quar.)
General Tire & Rubber
10- 9
10- 2
11- 1
$1.50
(quar.)
preferred
$2.50
General Time Instrument
11- 1
10-16
11-15
date
—
Telephone Corp., common
General
9-15
,
common
Class A (initial) (from
of Issuance to Oct. 1. 1944)——.
General Railway Signal, common
6%,(.preferred (quar.)
9-15
10- 2
9-30
9-30
10- 2
10- 2
12'/2c
$1.25
Printing Ink Coip.,
9-15
10- 2
tl7l/2C
12'/2c
1
9-16
10- 2
75c
L__
2
9-
10-16
Paint
General
10- 1
$1.25
25c
$1
93c
25c
A
Corp.,
9-16
$1.25
10c
common
$4.50 preferred
10-
9-25.
10- 2
10- 2
10- 2
10-25
5
11-10
11-10
9-20
9-20
10- 2
10- 2
10-2
$1.50
Mills, 57c preferred (quar.) ________
$5 preferred (quar.)__
preferred
11-25
11-25
25c
30c
$1.75
$1.25
25c
9-30
11- 1
SI.12V2
$1.25
—_____
General
10-2
t$1.37,/2
9-6
9-16
10-25 ' 9-22
10-16 ,• 10- 2
10-16-1 10-2
5c
(s-a)
preferred class A
preferred class B (s-a)
_____——
Fireprooiing Co., 77c pfd. (quar.)__
General Industries, 57c preferred (quar.)___
12-30
135c
1S1.25
9-20.
10- 2 ,
10-'2',
$2
6 7c
9-30
1- 30-45
10- 2
35c
5c
57c
9-11*
9- 1
$1,50
Extra
9
9-
.
Corp.—
s
Baking;
9-1
10- 1
10- I
9-1
Co.,'8% preferred (quar.)__
General
10-14
10-
9-30
9-30
10- 2
(quar.)_____———_
General Finance Corp. (quar./____—___—
9-18 '
10-31
11-
9-30
62'/2C
(quai1.)
Quarterly
9-30
34%c
50c
$20c
$$1.25
$$1.37
75c
preference A (quar.)
American Inyestors Co., Inc.—
preferred
$6
2-9-45
9-30
10- 2
20c
c
"
General American Transportation
1
9-30
—_—
30c
$1.50
"
9-19
9-16
9-14*
9-15
9-15
9-15
9-16
9- 1
10- 2
9-30
Co.—
partic.
$3
11-15
3-1-45
(quar.)
common
5Vz7o
12-23
12-15
Power,
preferred (quar.)
preferred (quar)
57c
:
—
Co
Packing
Gatineau
9-30
12-23
Class B conv. pfd. (quar.) >;
& Co., common (quar.)_
(Julius)
57z7e preferred (quar.)
Garlock
;
$1
10c
preferred (quar.)
Co., 6 7c
(Robert)
Gannett Co., Inc.,
Garfinckel
9-20
2
$1.75
.
conv.
Fuller
9-30
preferred (accum.)__—
pfd. (quar.)
Co.—
preferred (quar.)
Manufacturing Co. (irregular)-----—
47c
10-10
•
$35c
$$3
Ltd
*
9-15
9-15
9-15
9-30
10-14
10-25
9-30
10- 2
9-15
10- 2 V1 9-20
$35c
$1.25
Canada
of
Telegraph (s-a)
Cos.,
9-20
9-15
10- 1
10- 2
10- 2
10-20
11- 1
37V2c
(quar.)
common___.
Co.
9-22
V
prior preferred
67o
9-22
9-22;
9-15
9-15;
Co.—
Corp.,
Foster-Wheeler
2
9-30
10- 2
(quar.)_L
preferred
A
class
(quar.)—
1st pfd. (quar.)
67c
9-20
9-209-20
9-23.;
9-30
10- 2
10- 2
9-30
10- 2
10- 2
9-30
9-30
10- 2
10- 2
50c
(quar.)____
common
9-16
10- 5
9-15
9-11*
10- 2
10- 2
$1
.V' 50c
50c
25c
35c
35c
75c
$1.50
Inc., $3 class A
Kleiser
&
Franklin
\7z7o pfd. (quar.)
preferred (quar.)
10-17
10-17
9-16;
;
Insulation
10-
(quar.)—
preferred
Formica
Foundation
9-30
Extra
9-30
10-25
10-25
10- 2
10- 2
10-20
Special
9-15
10- 2
Natural
10- 2
(quar.)
class A
Co.,
(quar.)
9-15
25c
conv.
B
Foreign Light & Power,
9-15
$1.50
Electric
$6
25c
$1.18%
Co._j.
Machinery Corp.,
1
——
Co
10-10
9-15
preferred (quar.)__
Stove Co. (quar.)
9-25
7o preferred (quar.)—
Co., common
Class
Food
8
9-
1
9-30
37V2C
J30c
common.,
Auto-Lite
9-11
$$1.50
Securities— —.<■/
10-
Manufacturing Co
Utilities Corp
—
(Toronto)—
11-15
11-25
Electric Controller &
2
10-
9-25
$1.75
75c
$1.50
(quar.)
Howard
75c
j
Quarterly
Connecticut Gas & Coke
Connecticut Invest.
&
Elizabethtown
2
9-30
preferred
Elliott
10-
9-20
5c
Lines,
Kodak
9-11
$1.50
9-30
75c
50c
75c
Electric Household
>7,
: 15c
Electric Storage Battery
(quar.)_________^Sr-~--"' 50c
Electrical Products Consolidated (quar.)____
20c
Electrical Products Corp. (quar.)
25c
7
4
$1.75
preferred (accum.)
Life Assurance
10-
9-14*
75c
(quar.)
—.
Balanced Fund (quar.)__
Eaton & Howard Stock Fund (quar.)
Economic Investment Trust Ltd. (s-a)__
Economy Grocery Stores (quar.)
Ecuadorian Corp.. Ltd.
Elastic Stop Nut Corp., 67c preferred (quar.)
67c
Eaton
9- 9*
11-'1
•
$1.25
15c
$1.75
—
Class B
Eastman
5
9-
2
5c
Quarterly
S3
9-
9-30
35c
Commonwealth Water Co.,
i,
9-30
10-
$1.25
Commonwealth & Southern
$7
60c
9-28
Commonwealth Investment
Commonwealth Loan Co., 57o
Confederation
50c
$1.06 Vt
9-13
Rubber
&
Florsheim Shoe
9-30
$1
$1.75
!
(quar.)
Washing Machine Corp.—
preferred (quar.)
Easy Washing Machine, class A___.
>
10-15
9-25
See
non-cum.
Florence
10- 2
}$1.25
77c
9-15
$1.63
9-14
9-25
10-
$3
75c
$6 pfd.
(accum.)
$4
Tire
Class
(quar.)
Steamship
9-22
9-30
;
$2
$4
37'/2c
First National Bank of New York (quar.)
$20
First National Stores Inc. (quar.)__——62V2C
First State Pawners Society (Chicago) (quar.)
$1.75
Fisher Brothers, $5 preferred (quar.) _______
$1.25
Firestone
9-14
:
Easy
9-20
9-20
10-
Inc.,
Gas & Fuel Assn.
$2 convertible
9-15
9-30
9-25
dc Nemours & Co.—
I.)
preferred
67c
Eastern
10c
Commercial Shearing &
Concord Gas,
•
(E.
Eastern
9-15
$1.50
1;
$6
2
.
9-20
25c
,
Commonwealth
10-
75c
$1.75
preferred (quar.)—
—
preferred (quar.)
•
—
Commercial Alcohols Ltd.fy common
8%
preferred - (quar.) __
Commercial Credit Co., common (quar.) —
$6
27
—
6%7c
f
10-
9-15
10-2
9-22
60c
Eagle Picher Lead, 6
9-20
2
75c
Mfg., common (quar.)—_
67c
'
9-20
10-
$1.50
J
preferred
77c
9-12
2
2
-
(quar.)
(Marshall).
General
(quar.)
Duquesne Light Co., 5 7c 1st preferred
Duval Texas Sulphur (quar.)—
5
2
10-
+80c
—
preferred
77o
preferred
$4.50
9-22
9-22*
Co.—
Co.,
Eradstreet,
Pont
du
10-
"
Power
&
Dun
2
$$1.75
Common
.
10-
$1.50
$1.75
9-
9-30
$1.06 Vt
common—
(quar.)—
.Duke
9-15
10-
$5.60
:
Driver-Harris
9-22
10-2
75c
(s-a)
part, preferred
Participating —
9-15
$1.75
—
———
Draper Corp. (quar.) ______—
Drewry's, Ltd., U. S. A., Inc.
9-15
9-29
10-
10-17
Rockaway RR (s-a)
Chemical Co., common
$4
2
9-25
9-25
62 %c
—
•
$1
10-
10-16
9-30
10- 2
$1.75
20c
Cleaning & Dyeing Co.—
United
Marshall Field.
Fifth Avenue Bank of New York (quar.)
Filene's (Wm.) Sons Co., common
(quar.)__
4%7c preferred (quar.)
Finance Co. of Pennsylvania (quar.)„_
Field
9-20*
Dover &
75c
10-15
t$1.25
(quar.)
preferred
10-15
;..25c
Fidelity Fund (quar.)_______
9-16
1$1.75
1
2
50c
(quar.)
Coca-Cola International Corp,
Columbia Baking Co.,
(interim)
10-
77p
$1.50
(N. Y.)____
Trust
&
preferred
77c
2
62J/2C
10-
$1.75
(interim)__
Extra-——■——
t
9-15
9-12
Bank
General Electric Co.
—
30c
(Del.), class A (quar.)
Cockshutt Plow Co.
(quar.)
Die Casting
10c
Coca-Cola Company
•
1
9-29
10-
25c
20c
(quar.)
preferred
Coca-Cola Bottling
10-
9-12
75c
25c
—
$1.12%
—
Cleveland Hobbing
Climax
(quar.)
572.7c preferred (quar.)
Dominion Textile Ltd., common
10-20
12-15
9-29
9-18*'
10-15
(quar.)
preferred
Fenton
2
—
preferred (quar.)
Dominion Malting Co; Ltd.—New common
(initial quarterly)
Dominion Tar & Chemical Co.—
1
1-2-45
$1.75
77c
11-
9-15
„
y-30
50c
Federation
9-9
Dominguez
$1
——-
_»—
Cleveland Electric
$4.50
25c
12-15
2
10-
$1.25
Dome
9-18
9-30
Co. (quar.)
Stockyards (irregular)—_
Water Co. (Washington, Pa.) —
Union
1-2-45
9-16
9-15
9-16
9-21
9-18
9-30
(Wash., D. C.)—
Corp.
Services Finance
67c
$19.50
preferred
Mines, Ltd. (reduced quarterly)
Quarterly
—„—
Oil Co. (monthly)
—_____
Dominion Foundries & Steel Ltd. (quar.)—
Dominion Glass Co. Ltd., common (quar.)__
11-15
9-15
10- 1
10- 1
9-30
10-2
9-25
9-30
10c
Common
9-22
common
A
Doehler
Pacific Ry.—
Co.,
Cup
Class
2
$1.50
25c
$1
1st preferred
Match Co., 67c
preferred
57c
Dixie
.
10-
York—
partic. pfd. (s-a)
Diamond T Motor Car Co. (quar.)—
Distillers Corp.-Seagrams, Ltd.—
12-15
25c
Fed.
9-15
$1.75
$4
5
2
30c
—
Corp.,
Tramway
Diamond
(quar.)
preferred
57c
77c
9-
9-25
(quar.)
(quar.)
Light & Traction Co
Motor Truck Co
Federal
10- 2
9-30 t
9-30
9-30
12-30
9-19 :
9-14
9-20
9-11
9-16
9-9
9-9
9-9
9-15
9-11
9-15
12-15
10- 3
$2.50 ;
25c
25c
35c
25c
(irregular)
Inc.
Shops
Federal Insurance Co.
9-19
2
10-
75c
50c
Federal Bake
:
25c
' 37]/2c
$1
preferred (quar.)
preferred (quar.)
77c
9-15
9-30
9-14
9-15
*10-2
37J/2c
$37'/2c
37'/2c
$1.25
$1.25
Quarterly
Faultless Rubber Co.
:
9-19
9-19
9-30
(quar.)
62%c
■
Cincinnati & Subuiban Telephone
Cincinnati
9-30
30c
9-15
10-2
—
(quar.)
Rock Oil Corp.(irregular)
Common
9
9-
2
10-
2
9-30
$1.50
(quar.)—
4% pfd.
(quar.)—
& Eye
Dentist's Supply Co. of New
9-14
9-29
62%C
(quar.)
Cincinnati New Orleans & Texas
Long Hook
Deep
9-20
10-
87y2c
$1
(s-a)_
Corp.
Delaware Power & Light
De
9-30*
9-30
Records, Inc. (quar)
(Alfred) & Colin
(resumed)
Deisel-Wemmer-Gilbert
1
9-
10-16
'
preferred class A
.
9-15
$25c
Deere & Co.
Chicago Great Western Ry.—
57c
preferred (accumulated)
Chicago Mail Order —.:
——
Chicago Mill & Lumber—.
Chicago Pneumatic Tool Co., common
—
$2.50 conv. prior preferred (quar.)_
$3 conv. preferred (quar.)
...—
—
Chicago South Shore & South Bend RR.—
Quarterly
.—
Chickasha Cotton Oil (quar.)
Christiana Securities, 1% preferred (quar.).
Cincinnati Gas & Electric Co.—
57c
.
Decker
9- 1
9-25
35c
A (irreg.)_
Chicago & Eastern Illinois, class
Chicago Flexible Shaft (irreg.)
preferred (quar.)
& Frere Ltd., class A (quar.)—
Davidson-Boutell Co., 67o pfd. (quar.)
8*
1
i$1.25
31 Vic
25c
$1.75
77c
10-
2
8
9-15
10-
10-
common
A (quar.)___
Ltd
(quar.)___
Fansteel Metallurgical Corp., $5 pfd. (quar.)
$5 preferred
(quar.)
Farmers & Traders Life Insurance (Syracuse)
8
9-
V
10c
(irreg.)
A
10-
10-
25c
Chesebrough
class
45c
50c
9;
75c
50c
(quar.)
75c
.
2
9-29
Corp.,
Finance
Forbes & Wallace,
t
David
9-14
1
2
10-
10- 4
9-14
3c
10- 1
20c .10- 2
37'/ac
10- 2
(s-a)
Fanny Farmer Candy Shops
25c
(quar.)
common
Dayton & Michigan RR. Co., common
87o preferred (quar.)
10-
9-15
10-
4
preferred
6%
$1.50 preferred B (quar.)
Famous Players Canadian Corp.,
9-16
of America—
5% preferred (s-a)
Davega Stores Corp., 5% pfd. (quar.)
Davenport Hosiery Mills Inc., common
12-20
1
2
25c
25c
Publishing Co. prior pfd.
Curtiss-Wright.
9-20
12-30
$1.50
:
Chesapeake & Ohio Ry.
9-30
37 %c
10-
(quar.)
I.rewing Corp.,
$1.50 preferred
"
Dairy Corp. of Canada,
7
37VzC
(s-a)
.....
Champion Paper & Fibre Co.—
i
6%
preferred (quar.)...——
Chapman Valve Manufacturing Co. (quar.).
Chemical Bank & Trust Co. (N. Y.) (quar.).
—
conv.
Curtis
9-15
12 y2c
preferred
I
9-20
i
Corp.,
Family
10-
Corp.—
preferred (quar.)
Crystal Tissue Co. (quar.)
_____
Cuban-American Sugar, 7% preferred (quar.)
Culver & Port Clinton RR. (extra)
—
57c
9-11
15C
62 Vz c
Century Electric Co
____
Chain Store Products, $1.50 pfd. (s-a)
$1.50
Crown-Zellerbach
10-
(quar.)
2
9-15
9-12
50c
25c
Seal Co., Inc
Crucible Steel Co.
9-18
,32»/2C
_
Central Illinois Electric
f
Crown .Cork St
10-
2
9-27
$1.50
Class A (accum.)
9-18
9-30
$$2
10-
Falstaff
12y2c
__
Crown Cork International
$1
Quarterly
6%
Extra
9-30
10-16
Co.
& Savings
(quar.)—■_
______
Central Electric & Gas, 67c preferred (quar.j
General Hanover Bank & Trust Co. (N. Y.)—
Central
9-15
2
•
Can.)
(Toronto,
10-
5c
37 «/ac
Associates (quar.)
Canada Loan
Central
•
9-14
9-15
Co.
Products
(s-a>_
Extra
Crorapton & Knowles Loom Works—
67c preferred (quar.)————
Crowell-Collier Publishing (quar.)
9-14
10- 2
$1.75
(irregular)
Brewing Corp.
Central Aguirre
—
2
Ex-Cell-O Corporation
9-15
2
$1.50
87720
(quar.)
Creameries of America Inc.
9-14*
9-30
10-
$1.18%
(quar.)—
2nd preferred
7,7c
Centlivre
p'
:':ff
9-15
2
$1.31Vi
convertible preferred (accum.)_
Cream of Wheat Corp. (quar.)„
of
Evans
Reynolds Corp.—
&
$6
Celanese Corp.
9-15
2
11-16
10- 4
10-15
,
25c
$2.50
12Vzc
65c
'
(quar.)
preferred
57c
2
/
$1.75
$1.75
$1.621/2
$1.62Vz
25c
75c
$2.62y2
:
(quar.)
$5.25 preferred A
Corroon
European & North American Railway
■'
10-
30c
25c
77o
57c
9-15
10-
10-15
$1.25
30c
(quar.)
9-15
10-
12- 1
$1.50
5c
(quar.)
A
Inc., common
dividend
;
9-30
$1.75
(quar.)
(Del.)
preferred
$5
Eversharp,
10-
9-21
9-21
9-21
9-20
9-20
9-14
Co.—
Federal
Continental Steel Corp.
Co.
Erie Railroad
of Rec.
10- 2
10- 2
10- 2
10- 2
10- 2
10- 2
10- 2
10- 2
9-30
$1.37J/2
%
9-30
$1.75
9-15
(quar.)___
(quar.)
Inc.
Stock
50c
$2
20c
25c
9-30
$5 pfd.
preferred (quar.)
preferred (quar.)
$6
Equity Fund,
$1.12'A
$1.25
9-22
Corp., common...
(quar.)
Public Service,
$5.50
62V2c
+$2
(Toronto, Ont.)
Co.
9-15
Carthage
■
$2.50
Paper (quar.) _
conv. pfd. (quar.)
2
$1.75
Carolina
.
9-15
&
10- 2
_____
:
(quar.)
General Corp.
Power
10-
Carnation Co.f
$7
Gas
Continental Oil
preferred (quar.)
4% 1st preferred (quar,).—.
Carolina Power & Light, $6 preferred (quar.)
6'/o
.
9-15
_
:
:.
preferred (quar.)
5%
2
—
15c
Manufacturing Co.—
(quar.)
Common
Inc
50c
__
...
10-
10- 2
—
_
,
preferred
47o
30c
50c
tl5c
15c
$2
25c
43%c
50c
75c
Carey (Philip)
;
9-15
r
50c
(quar.)...
preferred class A
$3
9-20
1
Capital Administration Co. Ltd.—
9-15
(quar.)
Consumers Power Co., $4.50 preferred (quar.)
$5 preferred (quar.)
Continental Assuiance
(Chicago)
(quar.)___
Continental Baking Co., 8% preferred (quar.)
Continental Bank & Trust (N. Y.)
(quar.)__
Continental Foundry & Machine, common
77c prior preferred (quar.)————
Continental Gas & Electric.Corp.-—
77c prior preferred (quar.)
9-15
2
$50c
—
2
Ltd., common
Corp.
Coal
Consolidation
Consumers
$1.50
preferred" (quar. i
(quar.)
10-
(quar.)
preferred
$1.75
preferred .(quar.).
Oil, Ltd., 87o preferred (quar.)
Canadian Westinghouse Co. Ltd. (quar.)
Canadian Wirebound Boxes, class A (accum.)
9-11
preferred (quar.)
87c
$$2
IVo
Cannon Mills Co.
1
—___
$15c
B (quar.).
Class
,
;
Consolidated Retail
10-
10-
$50c
Canadian
1
class A common
$30c
_
10-
—
Consolidated Press,
$$1.25
Registered shares (quar.)
$1.25
Engineers
90c
1
$62»/2c
Canadian Industries, class A (quar.)
Endicott
9-29
$l.l2y2
$1
1
,
-
iLt".
Special
Johnson
9-16
1
25c
(quar.)
Mass.)
preferred (s-a)
preferred series A (quar.)
41/2%
2
Power
&
Gas
9-
9-
"77c
11-
—
2
10-
$30c
9-16
10-
preferred
(Boston,
9-11
Industries Inc.—
(accum.)
Electric Light
(Bait.), common (quar.)
4V2 7c preferred B (quar.)
4%' preferred C (quar.)
Consolidated Investment Trust
$2
2
9-30
$1.18%
—
(quar.)
preferred
$5
Consolidated Film
j: Consolidated
$ 52c
participating preference (quar.)
Ltd., common—
"
10-
Payable
40c
$3.50
56(40
75c
$1
$1.25
Capwell Co., common (increased)
Emporium
5
9-
New York Inc.—
of
Co.
2
Holders
When
Per
Share
Name of Company
of Rec.
10-
55c
$20c
50c :
(quar.)
i
(quar.)
preferred
$4.75
Consolidated Edison
9-15
2
Foundry Co. Ltd.—
Canadian Car &
7%
10-
$25c
——
Participating
>
$20c
preferred (quar.).—.—
conv.
when
Payable
Consolidated Cigar Corp., common
.
•
Company
Connecticut
Breweries, Ltd.—
Canadian
Name of
of Rec.
Payable
Holders
•er
share
Holder 1
When
Per
thare
Name of Company
t
1331
CHRONICLE
& FINANCIAL
THE COMMERCIAL
Number 4319
160
Volume
$$3.75
40c
$1.75
$75c
*7i?c
$15c
10- 2
10- 2
11- 1
10- 3
10-10
:• 9-30
10-10
10-2
."10- 2
9-30
10-14
9-21
9-30
9-20
9-20
9-18
9-18
9-15
9*20
_
10- 2
10- 2
10-16
10- 2
10- 2
10- 2
9-30
o
10- 2
.
9-5
9-5
9-30
9-20
9-15
9-15
8-30
2 ?
0- 1
THE COMMERCIAL & FINANCIAL CHRONICLE
1332
-
Name of C'mxpany
Gas
Co.,
24c
Participating
Greenwich
(■_—_______
Water System,
——
$1.50
——
preferred
Utilities
(Hartford)
I
Guilford
Realty, 6%
Gulf
Corp.
Oil
Special
Gulf
10-
2
9-14
5%
10-
2
9-25
1-2-45
12-23
9*15
2
9-15
9-13
10-
2
9-15
10- 2
9-15
Johnson
10-2
9-15
Jones
9-19
5%
preferred A (quar.)—
5%
preferred B (quar.)
Joplm Water Works, 6% preferred
preferred (quar.).
4%%
(N. Y.)
Insurance
(quar.)—
5%
preferred (quar.)—
—
—
Harnischfeger Corp., common (quar.)——
5% preferred (quar.)
—
5% p'eferred 2nd issue (quar.)_
Harrisburg Gas, 1% preferred (quar.)
Harrisburg Steel Corp.—
—
—
9-15
Kansas Electric
9-29
Kansas Gas & Electric, 7%
Helena Rubinstein, class A
(Walter E.)
Heller
$6 preferred (quar.)
Kansas-Nebraska Natural
1
$5 preferred (quar.)
Katz Drug Co., $4.50
2
5% % preferred (initial)
period)
*1%
Helmc
7%
Motors
Hercules
Powder
Corp.
7%
5%
(quar.)—
&
Hires
2
9-
2
9-20
Kidde
9-25
9-14
Kimberly-Clark
15c
9-29
2
10-
2
9-
——$1.25
Paper Co. of Canada Ltd.—
_____———
$25c
—
$6
(Charles E.)
Co.
2
fi-
6
Klein
$1.75
convertible Class
(R.)
7%
& Co.,
6%%
preferred
Holland
A
9-15
6%
1st preferred
Holly
——
7%
2nd preferred
9-30
9-15
9-
Hooker
Natural
0-
2
9-30
$1.50
10-
2
9-15
Lambert
$1.05
10-
2
9-15
Lamson
9-30
$1.06(4
__
9-20
9-30
9-20
20c
_w—
9-26
9-11
9-30
62 %c
10-
25c
_
5
7%
9-20
6%
5c
9-30
9-20
Latrobe
9-30
9-20
Howe Sound Co.
(quar.)
37%c
(reduced quarterly) —25c
Howe Scale Co.,
5%
Houston Oil Fields Materials,
$1.50
_______
preferred
Humberstone Shoe Co., Ltd.
Hunimell-Ross
Corp.,
(quar.)
!
__
6%
Indiana
Gen.
1
10-
2
$2.50 pfd.
(quar.)
9-15
Locomotive
2
9-15
9-30
Linen
10-
2
Works,
9-15
Oil
8-15
Little
2
4
9-20
10-2
10-
$1.31(4
Miami RR., special
$3.30 original stock—
9-19
2
Lipton
1
Lock
; 9-12
$1.25
$$1.25
9-30
10-
l
10-
2
(Marcus)
9-22
$1.121/2
9-30
9-25
9-
$75c
9-30
$4.50
Co.
9-15
9-14
9-25
9-25
8-20
Montgomery Ward,
10-14
9-25
10-15
9-30
Montreal
10-
9-12
Moore
50c
_
Sewing
:
9-14
preferred
A
preferred class B
10-
Reduced
5
9-30
6%
Morrison
9-16
Motor Finance
9-16
Motor
12- 9
11-25
30c
10-
2
10c
10-
9-20
9-19
Myers
9-15
Mutual System 6% preferred
Nash-Kelvinator Corp.
12-
1
6%
10-
2
9-16
25c
10-
2
9-
10-
2
9-
7%
(quar.)
37 %c
9-25
9-18
B
(quar.)
25c
9-25
9-18
37 %C
10-25
9-30
Industries. Class A
(interim)1,
Corp
4% preferred A (quar.)
International Nickel Co. of Canada—
7% preferred ($100 par)
(quar.).
preferred
International
($5 par)
Nickle
International Ocean
International
International
International
Salt
Canada
pfd. (accum.)
Corp., 4%
of
Foundation,
convertible
Fireman
Mfg.
10-10
$1.50
11-
1
10-10
Mabbett
(quar.)
preferred
(quar.)—
(R. H.)
11-
1
10-
2
Common
1
10-
2
4% %
,10- 2
9-30
9-15
& Co., common
9-
(I.)
& Co.,
6%
NOTE—The
5%
quarterly)..—
preferred
2
—
common
preferred
$1.50
10-
8
$1.50
12-8
11-
2
6%
3
2
9-15*
10-
2
9-15
10-
2
9-14
on
50c
10-
2
9-16
scheduled for Jan.
$1.50
10-16
10-
reported last week
9-25
Maine
12-
1
11-15'
10-
2
9-12
2c
30c
25c
10-16
9-30
12-
10-
1
2
9-15
9-20
11-10
9-15
1.
Central
Next
RR.,
incorrect.
Semi-
dividend .meeting
1,
preferred
Manufacturers
Common
$2
conv.
(qunr.)
Co.
Y.)
(quar.)...
Maracaibo Oil Exploration——
9-18
9-30
9-14
9-28
9-21
12-28
12-21
9-29
12-
1
9-
5
11-10
9-
10-
2
9-
8
10-
2
9-
8
50c
10-
1
9-19'
$1.75
(quar.)__
9-25
10-14
10-
1
10-
1
$50c
$1.75
(quar.)
8*
9-19"
9-19'
25c
10-15
9-30
$1.75
9-30
9-15
35c
(quar.)
11-
1
10-13
50c
(quar.).
common
11-
1
10-
4
10-16
10-
2
12%c
30c
(irregular)
common
9-15
2c
10-
2
9-23
10-30
10-20
9-30
10-
9-19
2
9-25
Ltd.—
;
(quar.)
(quar.)
$37%c
12%c
10-
2
9-
9-30
9
9-15
$1.50
(quar.)
11-
1
10-20
25c
10-
1
9-15
9-28
9-12
$1.50
9-30
9-15
10-
2
9-26
Co.
Refining Co., $6 prior pfd. taccum.)
9-30
9-18
5%
9-18
6%
10-
1
National
%
&
Manufacturing Co
10-
2
9-15
Nehi
Supply,
Oil
1st
2
9-15
Nelson
50c
10-15
9-30
Nawbnr>-v
5c
"10-16
"
New
Co.
Corp.,
10-
9-29
(quar.)
Corp. Ltd.
Refining Co
$2
preferred
(accum.)
(.T
&
.T 1
2
9-20
9-25
9-
9
10-15
9-15
10-
9-15
2
9-30
f
9-18
9-18
.9-30
9-18
80c
10-
2
9-22
12 %c
(quar.)—
9-30
$1.50
Co
Co..
$1
10-
9-18
$1.37%
common
Baker
$25c
35c
(irregular)
preferred
37 %c
50c
(quar.)
prior preferred fquar.)
preferred (quar.):
50c
"
Co.
Car
prior
$5.25
LZ—JLJ
9-15
2
9-30
National Steel
—
preferred
1
10-
15c
Navarro
.....
9-15
10-
25c
National Sugar
30c
(N.
10-1
$44c
(quar.)
National Standard
is
6%
Trust
9-21
5c
Co., common
National Screw
1945.
(quar.)...
9-25
9-15
2
30c
:
Linen Service, common
National
Mansfield Tire & Rubber Co.—
6%
3
9-29
National Radiator
$1.50
prior pfd. (accum.)
Mallory (P. R.) & Co., 4V2% preferred
$ 0.265625
Manischewitz (B.) Co., 7% preferred (quar.)
$1.75
2
25c
July
was
Lead
10-
10-
National Oil Products
annual payments of $1.25 each were paid
this year, one on Jan. 3 and the other
9
$1.18%
15c
(quar.)—>
A
preferred class B
National
9-22
announcement
10-
9-16
12%c
Stores,
Box,
preference
National
10-11
11-15
$6.25
(quar.)
9-25
75c
10-
9-
9-22
2
9-29
Inc.—
(quar.)
common
class
National Grocers Co.
1
2
10-
50c
National Folding
9-20
2-45
10-
$1.75
Welding Machine (quar.)_
National Enameling & Stamping^....
9-20
11-
7
9-15
Electric
2
1-
7
7
9-30
(s-a)
2
40c
9-
9-
9-28
common
Lines,
10-
$1.06(4
2
10-16
Inc
Register
preferred
National
10-
10- 2
$1
preferred (quar.)
preferred (quar.)
Cash
National City
8
9-
37%c
(quar.)
10-
50c
4:-
(initial
A
9-
•
L—
9-30
8
9-15
2
(irregular)—
2nd
6%
9-
10-
$1.50
Ltd.,
National Department
12-20
2
20c
Co., common
$1.75
2
$75c
—
1-2-45
Hess
$1.75
:
preferred
Mahoning Coal RR.,
9-21
i
10-
25c
(s-a)
preferred
Magnin
9-30
9-20
2
9-8
10-
10-15
20c
Casket. $7 preferred (quar.)
National City Bank (Cleveland) (quar.)
9-30
10-14
10-
9-15
10-16
30c
National
(George) & Sons—
1st
2nd
11-
8-31
10-14
9-15
2
(quar.)_„_—
Fibres,
Candy Co.,
1st
7%
11-10
2
10-
America—
preferred
Breweries,
.National
1
10-
$1.50
of
Brothers Co.
preferred
7%
$1.25
——
7%
t$1.75
25c
(quar.)
(quar.)
$1.62%
7%
$1.25
$1.62%
$1.75
pfd. (s-a).
iquar.)__
(quar.)
Irving Air Chute Co.
1
9-12
Ltd.—
preferred
Royalty Co.
11-
preferred (quar.)
Lynn Gas & Electric (quar.)
$1.50
$1.25
(quar.)
6V2%
1
9-30
31(40
(quar,)„
pfd.
45c
Stores—
America
(quar.)_____
$1.50
'
com...
50c
Interstate Telephone, $6 preferred (quar.)—
Intertype Corp. (quar.)—
Co.
par
(Ky.),
$1.75
.
Department
$25
Co.
10-
$40c
(quar.)
Co.. 7% pfd. (quar.)
Inter-Ocean Securities
Electric
5% preferred, $100 par
Lunkenheimer Co., 6V2%
Macy
____
Co.
International Silver
9-20
&
preferred,
t8%c
Co
Shoe
9-20
9-20
$1
Co.,
Ltd., 7%
2
—
Telegraph (quar.)
5% pfd. (quar.)
Paper
Power Co..
of
10-
10-16
5%
Gas
(Del.)—
$30c
(quar.)
Co.
2
65c
(quar.)
10-
25c
common
convertible preference (quar.)
6% convertible preference A (quar.)—
International Minerals & Chemicals
Investment
A
Class
37 %c
6%
Investment
Class
Bellas
National
12-
15c
$1.37%
(quar.)
&
National Biscuit
8
9-15
Electric
Co.
Automotive
National
3
$1.75
9-15
&
(quar.)
(quar.)
convertible
National
11-20
$2
(F. E.)
National
11-20
25C
Chemical
preferred
6% preferred
9-11
1
11-10
50c
preferred
9-30
9-30
12-1
40c
4%%
9-30
12-
9-15
11-10
$1.25
■;
Co.,
$1
(auar.)
(quar.)
Corp
Co
6%
$1.25
9-15
2
15c
(quar.)_
preferred
Mutual
9-15
Louisville
preferred
$5
9-16
37 %C
10- 2
t$1.75
(quar.)
9-16
10-
Co.—
7%
1931
9-16
10-15
2
Brass
of
2
9-30
9-15
1
t$l.75
...
9-30
$$1.75
9-25
10-
10-
$55%c
Murray Ohio Manufacturing Co
Muskegon Piston Ring
50c
10-14
12- 1
$48c
Murphy Paint Co. Ltd., common <quar.)_
5 % % preferred (quar.)_
9-15
10-15
Gas
Products
Murphy (G. C.)
2
9-20
$1
series
Corp.,
Mueller
10-
2
New Haven—
Cafeterias,
10-14
$1.10
10-
Corp. of America—
preferred
9-30*
9-30
of
8
9-20
87%c
50c
quarterly
Morris Plan
9-15
10-16
Bank
8
9-
2
$2.25
(irreg.)_
(quar.i
Theatres Ltd.—
preferred
(quar.)
(s-a)
(quar.)
7%
Plan
9-
9-30
Service—
(quar.)
common
class
9-30
10-
$1.75
(quar.)
7%
Louisville
20c
Extra
Metal
7%
9-20
12 %c
(quar.)
common
9-20
10-26
$30c
$$1.37%
$1.25
9-13
$20c
_
International Harvester Co.
Interstate
1
30c
(quar.)..
com.
9-30
$37%c
Machine-
Products
10-
9-20
2
$2
Telegraph Co.
11-25
Lord & Taylor, common (quar.)
Lorillard (P.) Co., common (interim)
9-20
9-15
10-
$1.75
1
preferred
2
10- 2
$1.75
(s-a)
9-27
37 %c
(quar.)
10-
$1.50
$7 class A
9
—...
9-20
$2.25
A
Montana-Dakota Utilities Co.,
5%
preferred (quar.)
11-
(quar.)
9-15
9-15
43%c
6
Corp. Ltd.,
4
9-23
2
preferred
2
1
10- 2
10-
10-
(quar.)
Public
$3%
10-
12-
(quar.)
Participating
8
Penn
$4.50 pfd.
B (s-a)
C
9-30
50c
10-
preferred
10-14
10- 2
(irregular)
10- 2
$4
9-20
iy2c
Co..
preferred
50c
...
preferred
5%
9-22
25c
9-15
9-30
10-2
(quar.)....
Chemical
9-15
5c
$1.75
(quar.)
West
preferred
2
$1.50
common
Monsanto Chemical,
Longhorn Portland Cement—
9-15
50c
12-20
& Sons Inc.—
Lone Star Cement
30c
(quar.)
Line
9-30
7%
9-19
10-
$1.75
10-14
$1.12%
Corp.
Co. Monthly)
Pipe
Inc.
8-31
preferred
2
$1.25
Mohawk Rubber Co
25c
pfd. A (quar.).
stock (quar.)
...
Loew's
7%
Pipe
(irregular)
Containers, LtcU,
Monongahela
9-19
10-
$3
Molybdenum Corp. of Amer
Monongahela Valley Water Co.—
7% preferred (quar.)
;
9-30
9-19
10- 2
(quar.)__
pfd.
preferred
9-30
25c
Aircraft
Joint
$7
50c
Chain
Loew's
(quar.)
Co.,
9-11
9-20
2
(quar.)_
$6 preferred
(quar.).....
River Power. 6%
B
9-22*
10-
$1.50
Kansas
Class
10-2
50c
15c
i
(quar.)
2
1
9-20
$.07222
7
50c
(quar.)_
common
10-14
10-14
9-15
10-
60c
preferred
Morris
(quar.)
——
Lockheed
9-19
10T 2
Steel
Extra
9-30
10- 3
J.)
preferred
Locke
9-30
2
10-
(Thomas
6%
10 r.15
5%%
10-
9-15
10- 2
50c
convertible
5
12 %C
conv. preferred
(quar.)
Liquid Carbonic Corp., 4V2%
8-15
10-
A
12-
11-
10- 2
$2
Manufacturing Co.,
12-15
10c
9-15
9-15
$1.75
Company
Modern
$1.62%
(quar.)
(quar.)—
9-15
10- 2
10- 2
$1.50
(quar.)..
$1.75
(irreg.)
preferred
9-30
10-
preferred
50c
of Texas
6'/2%
10-1
$1.50
(quar.)_____
10c
9-30
10-2
preferred
$1.30
Inc
$1.50
1
1
9-
$1.50
(quar.)
(quar.)______
62 %c
Refining Co.
Lipe-Rollway Corp., class A (quar.)
9-15
10-2
Lion
pfd.
1940
$1
Heel..
&
Corp.
Co.,
non-cum.
4
300
Service
series
preferred
Monroe
Quarterly
9-19
preferred
$7
Lincoln National Life Insurance (Ft. Wayne)—
9-20
9-30
Sole
10- X
(quar.)
Mississippi Power Co.,
9-15
2
9-20
$1.75
$6 preferred
Va.)—
Lexington Telephone, 5.2% preferred (quar.)
Liggett & Myers Tobacco. 7% pfd. (quar.)__
9-16
prior
8c
(quar.)
2
9-30
1
$1.75
(quar.)
9-20
10-
$1.75
9-1
(quar.)
30c
pfd
(quar.)__
2
2
1
11-
62 %c
4%
9-20
10-
10-
10-
2
2
9-20
$1.50
preferred
10-
10-
9-20
9-15*
2
prior
■11-15
IOC
9-30
9-30
10-
1
50C
Lerner Stores Corp.
Cord
10-
preferred
50c
9-15
9-
Mississippi
12-30
9-15
9-20
9-
Missouri Edison
$3
2
9-30
9-
9-18
2
2
10-
1
9-25
10-14
10-
62 %c
(quar.).__
Manufacturing Co., 1st preferred
Minneapolis Gas Light Co. (Del.) —
$5 participating units
Minnesota Power & Light, 7% pfd.
(quar.)
8-31
10-
9-20
1
2
30c
2
1
Missouri
(quar.)
10-
10-
25c
common
Cement,
Lima
'
$5
pfd.
50c
(Richmond.
10-10
10-
10-
75c
Co.
1
10-
10- 2
10-
4
11-
$1.75
10-
$17%c
4
10-
$1.25
$$1
•
7%
Milton
10-2
2
12-
$1.50
Miller
9-19
.
Corp.,
Edison,
$1.50
$7c.
.
9-20
12-15
10-15
$1.121/2
.1
Co.
Thermit
62 %c
—
9-20
(quar.)
Midvale
9-20
9-30
20c
9-18
2
(quar.)
8%
10-13
$1.50
(quar.)
Lima
30c
Copper—
Cellucotton
Quarterly
Iron
9-15
$1.50
Corp.—
preferred
Button-Hole
International
Investors
11-
2
10-
preferred
Class
10- 2
9-29
10-
preferred
$2
6
$1.50
_
Leland Electric Co
9-19
1
Corp.
12-20
75c
common
Steamship
International
6%
11-
11-30
$1.31%
Micromatic Hone Corp., 5% pfd. (initial>___
Steel Products Co.,
common
9-20
12-14
9-15
10-14
25c
Midland
9-18
15C
(quar.)
Portland
12-30
$1.50
(irregular)
International Bronze Powders, com. (quar.).
6% participating preferred (quar.)
Int'l
9-19
9-30
preferred
Lehigh
Lehman
Brownhoist
1st
2
2
9-30
10-30
Mickelberry's Food Products—
•
Interlake
7%
9-30
$1.75
Inspiration Consolidated
Inter-City Baking, Ltd
Int'l
$2.50
9-15
9-20
50c
—
(quar.)
Service
5(4% preferred (quar.)
Indianapolis Water, 5% preferred A
conv.
1010-
—
3%
Industrial Rayon Corp., common
$4.50 preferred A (quar.)
30c
(quar.)
(quar.).._
$6 junior preferred (quar.)
7%
preferred (quar.)
9-29
$1.75
„
J 10c
Industrial Acceptance Corp.—
5% conv. preferred, (quar.)
60c
9-15
Machine
6%
9-20
2
$1.50
$1
preferred
Industrial
Steel
9-21
75c
(s-a)
Indianapolis Power & Light Co.,
10-31
6
$1.50
...
Michigan Public Service, 6%
1
10-
6
9-
75c
(quar.).
...
37 %c
Co.,
Insurance
9-30
$1.18%
.
Chemical, $3 pfd.
12-
$2c
;
participating preferred (s-a)
Link-Belt
Co., 6% pfd. (quar.)
Indiana & Michigan Electric
Co., 6% pfd—
7%
6%
11-16
25c
Independent Pneumatic Tool Co
Indiana Gas &
9-12
12-15
(quar.).
Electric
Leath & Company,
$1.50
(interim)
preference
0-22
1
10-
preferred
9-30
75c
Imperial Paper & Colour Corp. (irregular)Imperial Tobacco Co. of Canada—
Ordinary shares
2
$1.50
—
Lawyers Title
Telephone Co.—
(quar.)
10-
—
(quar.)
$1.75
Ideal Cement Co. (quar.)_
Illinois Bell Telephone (Irregular)—
preferred
1
9-30
9-20
9-12
(quar.)—
Sessions
$1.75"
68%c
—
$4.75
2
9-30
12-
$1.50
$$i',!
Erie
Illinois Commercial
10-
$1.50
•(;( 20c
Mortgage Corp. (quar.)—
Hussman-Ligonier, 5%% preferred (quar.)_
Huttig Sash & Door, 7% preferred (quar.)—
1% preferred (quar.)
Hyde Park Breweries Association Inc
'
9-30
' 10c
common—'— I—_
Humphryes Manufacturing Co., com. (irreg.)
6% preferred (quar.)——
£
Huron
9-
10-2
9-
25c
preferred (quar.)
Michigan Associated Telephone Co.—6%
preferred (quar.)
9-12
Class B
10-16
$2.50
(s-a)———
(interim)t$l
Fibre
preferred
6%
common——_
preferred
conv.
9-30
10-14
25c
8-31
9-30
$7
1
2
Lang (John A) & Sons Ltd. (quar.)
Langendorf United Bakeries Inc.—
Class A (quar.)
9-20
9-25
9-20
(quar.)
(quar.)—-
Co.
&
preferred
9-30
common
9-
25c
Banking & Loan (Hamilton, Ont.) —
Quarterly
Machine, common (quar.)^
9-30
Gas,
9-30
9-15
9-20
9-30
$6
9-15
$1.50
Landis
35c
preferred
9-25
9-18
$6
9-18
$1
2
10-
$1.50
__.i.
York
preferred (quar.)...
&
9-16
$7
9-18
2
(quar.)
Miners
Mecropolitan
9-22
2
10-
Co.
of New
Transportation
Inc., common
preferred (quar.)____
Mesta
9-20
9-30
35c
(quar.)
5(4%
Landed
62 %c
5%
9-30
10-
(quar.)
4%%
Metal
1
$1
Merck & Co.,
9-15
2
9-25
50c
9-22
2
&
Bank
Merchants &
10-10
20c
——
$1.12%
(quar.)—
—
9-1
2
10-
50c
—
9-22
9-30
12c
pfd. (quar.)
Manufacturing Co.„,
Houdaille-Hershey class A (quar.)
Houston
2
10-
37 %c
_
—
(quar.)—
_
10-
10-28
1010-
10-16
75c
Extra
9-14
50c
Crosse Telephone, 6%
preferred (quar.)
Plant-Choate Manufacturing Co. Inc.—
Quarterly
Laclede-Christy Clay Products, 6% pfd
Lamaque Gold Mines Ltd. (interim)
8
(s-a)—
Hoskins
B
10-25
lc
Hoover Ball & Bearing——
Hoover Company, 4%% preferred
Class
9-30
$10c
$4.25
2
15c
25c
—
$2.40
————
(quar.)_:
Electrochemical,
10-
9-15
50c
Johnson
Merchants
La
(D. H.) Co. (quar.)__
Holophane Company, $2.10 preferred
Products
9-14
10-
La
9-30
Holmes
Honeymead
2
25c
(quar.)
50c
——
Development
10-
9-15 '
9-30
25c
(quar.)
$4
Extra
9-30
43%c
McQuay Norris Manufacturing (quar.)
9-15
10-2
(quar.)
9-15
'
preferred
(quar.).^
McLelian Stores. 6% preferred
9-30
2
25c
9-15
$1.47
*
9-14
10-16
37 %c
(s-a)
9-30
Hollinger Consolidated Gold Mines Ltd.—
Quarterly
Mines
9-25
——
Co.—_
2
5
10-
$1.75
(quar.)
9-29
______—
(accum.)
Furnace
Gold
$4.22%
(accum.)—
prior pfd. (accum.)—
10-
12-
9-15
preferred A (accum.)
Koppers Co. 6% preferred (quar.)
Kress <S. H.) & Co., 6% special pfd. (quar.)
Kroger Grocery & Baking—
5
Hobbs Battery Co.—
Hoe
Lake
(D. Emil)
30c
—
12-15
(Arthur G.) Co., class B
McKesson & Robbins, common
9-15
$1.50
(quar.)_„
50c
(extra)—
1
9-14
*$1.50
$7
McKee
1
Kobe, Inc., 6%
10-
10-
9-20
iV
Co.—
preferred
non-cuni.
Kirkland
9- 6
—
2
2
________
preferred (quar.)
Kinney Manufacturing
9-20
9-30
(irregular)
10-
10-
2
$7
McClatchy Newspaper, 7% pfd. <quar.)_
McCrory Stores Corp. (quar.)
McKay Machine Co
1
9-20
10-
(quar.)
6%
9-20
$1.75
____——
10-
2
9-11
10-
Zinc—
(accum.)..
10-
2
10c
(accum.)
9-15
—
common
Hegeler
preferred
9-15
preferred (quar.)
(quar.)
Corp.
&
10-
$1.75
preferred
12 %c
10-17
3IV4C
(quar.)
Co.
&
Matthiessen
9-15
$1.75
25c
Fund..
(quar.)
7%
2
9-19
10-27
(Walter)
preferred
7%
2
——
Kentucky Utilities Co., 6%
9
9-30
Co.
Paper
Dauch
Quarterly
9-9
10-
7%
2
25c
Special
10- 2
9-18
2
YlVzc
common
5
10-
.
9-20
9-29
10-
$1.75
Second
Works,
5
10-
(interim)—
10-16
$1.25
lc
Investors
Alkali
9-
37 %c
Ltd.
Canada,
Kennecott Copper
15c
;
of
10-
50c
(monthly)-
Kelvinator Co.
9-20
(quar.)
Mascot. OIL Co...
Mead
—
9-20
40c
I™
9-
$1
(quar.)————
(quar.)
:
10-
$1.50
...
9-30
preferred (quar.)
Hinde
9-20
50c
Dauch
&
9-15
9-30
25c
;
preferred
prior preferred
Hinde
——
._
Co.—
Corp.,
2
9-30
43% c
$1
$1.75
--
(quar.)
Spencer Bartlett & Co.
Monthly
Oil
10-
$2c
Hibbard,
Hickok
Kaufman
_
Corp.
1
15c
Kaufmann Department Stores
Kaynes Co., 7% preferred (quar.)__
Kelley Island Lime & Transport Co. (quar.)_
Kelsey-Hayes Wheel Co., class A—:
9-20
10-16
$1.50
1
$1.12%
(quar.)
9-18
—
preferred
10-16
10c
9-15
Co.
6%
(quar.)
& Sons (quar.)
Massachusetts
5
$1.25
9-15*
(Aug. 1 to Sept. 30
preferred
i
(George W.) Co., common...
preferred (quar.)——
preferred
Co.,
10-
$2.95
—
2
Class B
——
Hercules
5%
(quar.)—
■
9-20
,10-10
$1
7%
10-
$1.75
common—
1
2
A.)
(M.)
pfd. iquar.)_
preferred (quar.)
Maryland Drydock Co., common
7%
preferred
(quar.)...
10-13
9-
&
of Ree.
2
10-
$1.50
Co.,-$5
$1.50
$1.50
Gas,
1
10-6
$1.75
10-
(C.
11-
$1
00c
$1.25
10-
10-
Field
...
(quar.)__
Power
2nd preferred
Marsh
9-11
10-18
5% pfd. (quar,)
preferred (quar.)
Co.,
9-15
10-
25c
15c
(quar.)
& Co., common
Power
9-12
2
6%
9-15
2
62 %c
9-15
9-26
10-
25c
9-15
10-
—50c
Harvill Corp., 6% preferred
3c
Haverhill Gas Light (quar.)————
30c
Haverty Furniture Cos., $1.50 pfd. (quar.)_;
37%c
Hazel-Atlas Glass Co. (quar.)
$1-25
9-30
6
11-1
(F.)
9-25
——
10-
$1.75
(quar.).
9-25
Hartford Fire Insurance Co. (Hartford, Conn.)
Marshall
2
$1.06 %
.—
9-25
10-16
9-15
10-
10-27
(quar.)
Manufacturing
Holiere
25c
Marlin-Rockwell Corp.
9-11
(final)
Kalamazoo Allegan & Grand Rapids RR. (s-a)
Kalamazoo Vegetable Parchment Co. (quar.)
Kansas City Power & Light Co.—
$6 preferred class B (quar.)
Kansas City Southern Railway Co.—
4% preferred (irregular)—.
6
9-15
9-11
preferred
10-
9-30
2
Sons, common—
preferred (Initial quarterly)——
7%
9-18
Marion Water Co.,
pieferred
$1.25
9-15
2
8-31
7%
$1.25
9-13
10-20
$1.50
15c
$1.25
$1.25
$1.75
30c
6%
Laughlin
9-30
10-
2
10-
series (initial quar.)—
Steel, common—
9-20
9-15
xlO-
10- 2
2nd preferred
9-
2
Marion-Reserve
Mathieson
'. 9- 8
10-
Marion
8-31
Johnson—
&
2
2
8-31
$1.50
—
2
10-
8-31
2
Martin-Parry
10-
Harbison-Walker Refractories—
Quarterly
___
Kahn
2
xlO-
$1.25
When
Pav'ble
$17%c
$17%c
(quar.)
xlO- 2
$1.37%
10-2
19^'
Common
xlO-
$1.50
—
—
7%
8
8-31
Power & Light Co.—
preferred (quar.)
10-
43%c
20c
$1.12%
30c
—
9-29
2
50c
preferred (quar.)
i—
preferred (quar.)—
Jewel Tea Co., 4(4%
preferred (quai.)
$1.50
(quar.——
pfd. A (quar.)
(quar.)
Hammermill Paper,
" Jefferson Electric Co...
2
.
10-
30c
40c
$1.50
25c
———
9-22
$1.25
_
2
&
2
Share
Corp., 5% pfd. (initial quar.V.
Margay Oil Corp. (quar.)....
;
Maritime Telegraph &
Telephone Co., Ltd.—
-
114%
10-
5"2%
10-
.
1%%
—
Co.,
Jersey Central
9-22
Company
Marathon
1%%
_
10-
10-
4%
preferred (accum.)——
1%
Jarvis (WrB.)
2
17c
—
$5 preferred (quar.)
6% 1st pfd. (quar.)
Jamestown Telephone,
9- 5
9-28 >
,«
Jamaica Water Supply,
Trust
preferred
(quar.)
Company
Hanover Fire
5%
—
Investment
$6 preferred
Power,
7%
9-19
6%
—.)
Hackensack Water.
Haloid
9-19
2
——
Shares
series
9-11
2
Trust
Investment
preferred
Rail
Guardian
2
1010-
(quar.)
preferred A (quar.),—
preference B (quar.)
preference C (quar.)—_—
preference D (quar.).;—
7%
10-
(Hartford)—
(accum.)—____
Public
Jamaica Public Service Ltd., com.
10-
Name of
9-12
$1.50
_——
1
$1.75
(quar.)———i
55c
(quar.)___
(N. Y.) (quar.)_„_
Trust
preferred
$6
40c
Co., common....
(Hartford)
9-20
75c
$1.75
$1-75
$50
20c
31(4 c
$3
—
Investment
Guardian
2
13%c
Guaranty Trust Co.
Guardian
10-
fer
of Rec.
10-
50c
_
$1.50
25c
~
preferred (quar.)—
Group No. 1 Oil Corp.
Watch
9-20
______
(irregular;
Griggs Cooper & Co., 7% preferred (quar.)__
preferred
2
Holaert
Payable
15c
Irving Trust Co. (N. Y.) (quar.)
Island Creek Coal Co., common (quar.)
,
preference (quar./
Griesedieck Western Brewing Co.
5%
10-
wn.cn
ihare
Name of Company
9-20
Inc.—
5%%
Gruen
2
31 (4c
4 9/10c
(quar.)
6%
preferred (accum.)
Greyhound Corp., common (quar.)
7%
10-
common
participating preferred
$l>/4
Per
"
ol Ree.
Payable
iTiar#
'
Holder*
When
Per
i
Greenwich
Monday, September 25, 1944
10-
2
$1.31(4
10-
2
9-15
9-25
9-20
15c
^mmnn
(ou?r \
England Tel. & Tel. Co.' (irregular)
lb-
$1.50
2
9-30
9-15
"-■•fi
9-
8
*
When
Per
i—
& Light 4% pfd. (quar.)
Co., 7 To preferred (quar.)
Inc.
—
Jersey Power
New
New
Water
London Northern RR.
New
Orleans Public
New Jersey
(quar.)
Service Co. Inc.—
(quar.)
Common
=
35c
—
preferred (quar.)
Newport Electric Corp.. 6% pfd.
$1.18%
$1.50
20c
4%%
(quar.)
Industries, Inc.__
—
Newport News Shipbuilding & Dry Dock—
$5 preferred (quar.)
Newport
$6
New
^
.
(quar.)
capital
,
$1.50
(quar.)
Oil,
American
North
5c
10- 2
$8%c
(initiall
preferred (accum.)
Northern
Natural Gas Co
Northern
Ontario Power Co.,
•
75c
*
;
10- 2
9-25
10-25
9-20
9-9
9- 2
9-30
10-25
9-30
new
Ltd., 77c
Star Oil,
North
;—:—
50c
$6c
,—r-
common
$$1.50
preferred (quar.)
Northland Greyhound Lines,
6 To
Inc.—
$6V2 preferred (quar.)—__
:
Northwestern Electric, 6 7c - preferred
.
$1.62%
10- 2
$1.50
10- 2
Class
10- 2
$1.25
9-30
9-18
Nu-Enamel
7%c
9-30
12-30.
10- 2
10- 2
9-11
$1.25
10- 2
57c
12-15
8-26
$1.50
(quar.)
6 7o
9-15
9-15
7%c
$25c
common (quar.)
Ohio Cities Water Corp., $6 pfd. (accum.)__
$5 preferred
9-15
9-20
77c
9-15
10- 2
$1.25
10- 2
preferred
$1.50
Ohio Match Co.
75c
$1.25
$1.37%
10- 2
10-16
10- 2
10- 2
9-11
9-19
9-20
9-20
$1.50
$1.75
10- 2
10- 2
9-20
9-20
(quar.)
i
(irregular)
;
57b preferred (quar.)
5V27c preferred (quar.)
67c preferred (quar.)
_
—
77c preferred (quar.)
6 7o
Ohio Public Service Co.,
Publication
$5
Natural Gas
Oklahoma
>$5
10* \
25c
10-16
Co. (quar.)-——-JOld Colony Trust Associates—
f 1st
series Trust Shares iquar.)
Old Colony Insurance
Omar, Inc., common
% 6% preferred (quar.) —
Omnibus Corpi, common-—
9-30
9-30
9-30
10-2
9-18
9-18
.9-15
9-15
• 9-15
$1.50
25c
$2
$$1.25
$25e
(quar.)__^__
(quar.)
common (quar.)_—
77o preferred (quar.)
—_______$$1.75
Orange Crush Ltd., 70c conv; pfd. (accum.)
$70c
Otter Tail Power Co., $4% preferred (quar.)
$1.12%
Ottawa Car & Aircraft, Ltd., common
$20c
Ottawa Electric Ry. Co. (quar.)
$50c
Ottawa Light Heat & Power, com. (quar.)__
• $15c
5To
preferred (quar.):
i
1
—
$$1.25 '
preferred
87*.
;
Debenture
Ontario
Loan
&
Ontario
Steel
Products,
:
(quar.)
Preference
<
Pacific Can- (quar.)
_
.
'
25c
50c
$1.25
10c
$1.50
$1.50
(quar.)____
Pacific Lighting Corp., $5 pfd. (quar.)_____
Pacific Public Service (quar.)
Indemnity
Pacific
Tel.
Pacific
Co.
Tel.,
&
(quar.)
common
preferred (quar.)
Page-Hershey Tubes Ltd.
67c
1
(quar.)
Paraffine Cos., common (quar.)
47c
preferred (quar.)
preferred
5.6 Ye
75c
9-27
9-12
50c
—
$1
'
Common (quar.)
; ;
__
r-.li.4G class A (quar.)_„__
%
preferred
$5
Gold
Penn
10- 2
2c
75c
9-30
9-30
40c
10- 2
9-29
10-2
10- 2
on
Lives
(quar.)
—
Corp., com. (quar.)
preferred (quar.)
Pennsylvania Power & Light Co.—
87 preferred (quar.)__.
.,.
$6 preferred (quar.)_
_
$5 preferred
(quar.)
Pennsylvania Sugar Co., 57c pfd. (quar.)__
Pennsylvania Telephone Corp.—
\
.$2% preferred (quar.)
Pennsylvania Water & Power, com. (quar.)_
$5 preferred
(quar.)
:
Peoples Drug Stores
Peoples Gas Light & Coke
Peoria Water Works, 77c pfd. (quar.)_
:
57c
*
—
(quar.)——____—_—
Perfection Stove Co. (quar.)
;—
Perfect
Circle
Permutit
Co.
__:
Company
Gold Mines
Perron
Perry-Fay Company
Pet
Milk
(quar.)
___
Pfaudler Co.
—
—
'
Philadelphia Co., $5 preference
.
(quar.)
(quar.)
Products Co.—
preferred (quar.)
,
Philadelphia Electric Co., common (quar.)_
$6
10-2
10- 2
10- 2
10- 2
10-14
$1.75
10- 2
9-20
10-15
50c
37%c
15c
$2c
10- 2
9-30
9-29
9-30
preference
20c
5c
$1.25
$1.50
10- 2
10- 2
$1.50
:
10- 2
9-30
9-30
Philadelphia Dairy
$6
prior
SI preference common
Philadelphia Electric Power.
8% pfd. (quar.)
(s-a)_
Suburban Transportation—
Philadelphia National Insurance
Philadelphia
5 7c
preferred (quar.)
30c
25c
50c
30c
^
—
62'/2c
10- 1
10-14"
8-30
10- 2
9-26
Co., Inc.,
Ritter
9-15
2
9-
:
57c
10-
2
9-
8
Raisin
1
Southwest
1
Southwestern
10-
:
1
1
12-
12-15
50c
10- 2
9-14
50c
10-12
9-21
■20c
.10-
2
9-15
7V2C
10-
2
9-15
8%c
10-
2
9-15
87'/2c
—
10-
2
9-15
9-30
9-20
(quar.)
12-
40c
*
11-
1
Ohio) —
10-
2
10-
2
2
9-22
30c
11-
1
10-21
$1.75
10-
2
9-22
30c
10-
1
9-12
$1.12%
10-
1
9-12
15c
11-
1
10-16
'
'
.
1
10-16
10-
3
9-11
10-
2
9-11
$1.50
10-
2
9-11
;
11-
San
9-20
1
10-10
11-
1
10-10
9-30
9-20
10-
10-
1
—_—
9-30
9-22
Sun
10-
2
2
9-20
10-
9-1
9-20
9- 2
9- 2
9-8
9-22
5 7c
•
67c
2
9-20
9-26
9-11
10-
50c
2
9-15
9-30
9-20
5%
Temple Coal Co.,
Tennessee Corp.
2
9-15
9-29
9-13
15C
9-25
9-11
$30c
9-30
9-15
$$1.75
9-30
9-15
$1
Surety
Tennessee
preferred
(quar.)
10-
2
9-18
9-
1
9-
1
9-25
9-25
37 %c
9-30
'9-15
12-31
12-15
9-20
9-30
$1.25
10-16
10-16
$10c
10-10
10-10
9-15
common
$1.25
pfd.
9-18
10-
$1.50
62 %c
(quaf.)__——_—;
50c
Co—_—
(quar.)
9-30
15c
.
7
9-21
Associated Oil Co.—$4.50 preferred (quar.)—
Tintic Standard Mining Co.-A.___—
i
Ltd
—
Toronto General Trust (quar.)_____________
Toronto Mortgage Co. (quar.)—
Towle Manufacturing (quar.)
—
Tri-Continental Corp., $6 preferred (quar.)__
Trico Products Corp. (ctuar.) _______—
Trinity Universal Insurance (quar.)
Troy & Bennington RR. (s-a)
—
77c
Common
$1.50
10c
10-
1
10-
1
9-10
11-15
10-
2
9-20
10-16
8-19
75c
9-30
9-15
9-30
9-15
35c
—______——
Twentieth Century-Fox Film
(quar.)
convertible
Corp.—
—
—
preferred
9-
1
11-
9-18
62%C
10-
9-
10-
9-15
10-
9-15
10-
9
9-
8
10-
9-
8
$5C
10-
8-31
(quar.)
9-
9
25c
9-25
25c
9-28
9-12
2
9-15
2
9-
1*
9-28
9-
5*
9-30
9-16
9-30
9-16
10c
10-
50c
10-
1
11-27
50c
10-10
9-25
$1.12%
10- 2
9-11
$2.50
2 %C
12-
9-30
9-16
$7%C
10-
1
9-
1
$$1.75
10-
1
9-
1
%C
10-
2
9-20
50C
10-
2
9-20
58%C
10-
2
9-20
$25c
10-
3
9-15
10-
2
41
$$1.
9-
8
9-15
$$1.25
10-2
$1.50
10-14
$1.50
10- 2
9-22
62 %C
10-
2
9-15
25c
11-15
11-10
$5
2-2-45
10-
7
1-20
25c
10-
2
9-20
$1.75
10-
2
9-20
50c
common.—^—____—
preferred (quar.)
9-21
37 %C
1
12-1
25c
.
Brothers,
9-30
9-10
2
10-
IOC
Tip Top Tailors,
77c preferred
9-30
9-15
10-
40c
50c
•
10-14
1
9-23
2
10-
-30c
.
Water
Tubize Rayon Corp.,
9-
9-30
Hi
•-
82 %C
$5 pfd. (s-a)
common
9-25
9-15
9-15
2
25C
10-
9-
9-23
9-28
10-
10c
$1.37%
10-
9-12
$3.25
(quar.)
9-11
10-
10- 2
50c
'
$20c
2
50c
9-12
$62 %c
10-
50c
2
$1.25
.
(quar.)
$2
10-20*
9-26
10-
68%c
Tooke
10-20*
2
10c
9-11
11-
9-15
10-
$1.25
9-11
11-
9-20
9-30
25c
.
9-11
$1.12%
9-20
9-15
$3c
2
9-11
;
9-30
43 %c
(irreg. )__
2
2
2
75c
(irregular)
2
10-
10-
9-30
—
8To
9-20
10- 2
20c
—
10-
$3
9
9-15
12-15
Common
Tide
9„
9-30
& Land
Thew Shovel Co.,
9-30
12-30
(quar.) —
10-
9-20
9-30
\
$1.25
$25C
(quar.)___—
10-
2
9-25
25c
:
$1.75
pfd. (s-a)
10-
10-16
15c
c
Thermatomic Carbon Co.,
9-21
9-22
9-30
25c
w
$75c
______
.
9-21
50c
'
V.IOC
Products Corp.,
Oil
9-30
'
$1.25
$1.87%
25c
$1.62%
com.
9-15
2
$1.06%
Ltd., common (quar.)
(quar.)
Toledo Edison, 5 7c preferred (monthly)
67c preferred (monthly)
7To preferred (monthly)
37 %c
A
(quar.)
9-18
25c
(quar.)
Corp.,
9-20
2
10-
(quar.)
Co._.
Textiles, Inc., 47c preferred (quar.)
Texon
9-15
2
25c
—:
Acceptance
2
10-
$1.25
■,
preferred
10-
75C'
'
class A
Electric & Power. 67>
2
10-
Texas Company
:
—
10-
$$3
—
10-
9-18
9-30
2
50c
"
(Canada)
Bridge,
9-30
-■•
9-30
10-
10-16
*
$6 preferred
Teck-Hughes
9-15
9-15
10-16
(reduced)___
9-15
2
2
10-10
1
!
Corp
Gold Mines Ltd.
2
1010-
1
.
(Boston, Mass.)
•
(G.) Ltd., common
(quar.)
10-
9-20
2
11-
Preferred
——
debenture
To
Tamblyn
9-20
15c
—
3
10-
11-
(quar.)
partic. preference (quar.)
$1.21%
Co
(quar.)
6
10-
$1.25
(James), common
20c
—
10-
10-13
$1.06%
preferred
Talcott
9-15
10-16
$1.25
(quar.)_
Taggart Corp.. $2.50 pfd. (quar.)
9-20
1
2
$1
(irreg.)
Class A
1
2
10-
10c
__r
Transit Corp., common
Sylvania Electric Products
Sylvanite Gold Mines (quar.)
2
10-
10-
9-20
10-
Mining Co
Tacony-Palmyra
10-
10-11
75c
Syracuse
2
$50c
9-15
10-13
$2.50
(accum.)
(quar.)________
'
C (quar.)—1
debenture B (quar.)
Securities
9-20
$62 %c
10- 2
50c
Superior Steel Corp
Swift & Co. (quar.)
5 7c
debenture
Seaboard
2
10-
25c
9-15
10- 1
-
9-15
10-
9-15
—__
Superior Portland Cement Inc.—
$3.30 partic. preferred class A
9-11
25c
Mills
(quar.)—,
Schenley Distillers Corp., 5V2% pfd. (quar.)
Scott Paper Co., $4 preferred (quar.).
$4.50
preferred
(quar.)_!
Scovill Manufacturing Co. (quar.)_
Scullin Steel Co. (irregular)———_
Scranton Electric Co., $6 pfd. (quar.)_——
Seaboard Commercial Corp., com. (quar.)—
87c
2
9-30
5c
A
Machine Tool (irreg.)__—:
Life Assurance
Sunshine
9-15
.10-
50c
Car Heating & Lighting
7727c
'9-15
Sundstrand
$1.25
9-30
9-29
7To preferred (quar.)__
Stokely Bros. & Co., 57c prior pref. (quar.)
Strawbridge & Clothier 57c pfd. (accum.)__
.$5 preferred (quar.)
9-15
10-
10-16
35c.
Oil
9-30
20c
9-20
Baer & Fuller,
Stix,
9-20*
2
$1.75
9-20
10-16
Engineering (quar.)
Sterchl Brothers Stores Inc., 67c pfd. (quar.)
12-21
Mills Ltd.—
debenture D
9-20
10-15
Products
Steel
12-30
Cable Corp
672 7c
7%
9-20
9-20
9-1
9-15
11-
$1.37%
Telephone Corp., common
preferred class A (quar.)
Savannah
9-15
10-15
Ltd., common (quar.)
6To convertible preferred (quar.)
12%c
Sangamo Electric Co
9-9
9- 9
9-9
57c
12 %c
(quar.)
Quarterly
9-18*
12-
(Dallas)—
(Irregular)
(quar.)__Lithograph
preferred (quar.)
preferred (quar.)
57c
$1.75
(reduced)
Francisco Remedial Loan Assn.
9-26
9-11
9-19
Stedman Bros.
$1.31V4
25c
Class B
9-11
$10c
Stecher-Traung
25c
15c
2
9-26
11-15
1st preferred
Investment Corp.
St.
State
Stayton
$1.50
Rubinstein, see Helena
St.
10-16
10- 2
iquar.)—
Starrett (L. S.) Co.
$1.50
preferred (quar.)
Louis Public Service,
9-15
10-
1
6%%
Fuel Co.,
B
Class
50c
57c
9-15
9-30
$2
pfd. (accum.)
Standard-Coosa-Thatcher (quar.)
Standard Oil Co. (Ohio), 57c pfd. (quar.)—
4% To preferred (quar.)
Standard Radio, Ltd., class A (quar.)
9-22
10-
Rochester
-
9-20
2
2
(accum.)
part preferred
$3
Standard
75c
common
2
10-
L50
(E. R.) & Sons, $5 pfd. A (quar.)__
preferred B (quar.)
Standard Fruit & Steamship Corp.—
9-26
12 %C
common
Safeway Stores, Inc.,
9-25
10-
$1.50
10c
$4.25
2
37 '/2c
participating class A preferred (quar.)
Roberts Public Markets (quar.)
—
Robertson (P. L.) Manufacturing, Ltd.—
Common
(quar.)
Safety
preferred (quar.)
(A. G.) & Bros.,
40c
Rubinstein
Russell Industries, Ltd., common (quar.)
■77o
preferred (ouar.)
9-15
5
$$1.50
Squibb
9-15
10-16
$25c
$2
Rome
9-25
10-
$1.25
$6 pfd.
Gas,
Square D Co., common....,
57c convertible preferred
Corp.—
Ruberoid Co.
9-15
Sparks-Withington Co., common...:
$1.50
Sprague-Warner-Kenny, 67c pfd. (quar.)__
Springfield Fire & Marine Insurance Co.—
$1.13
Quarterly
$1.75
Springfield Gas & Elec. Co.. $7 pfd. (quar.)
V-'
$1
Spring Valley, Ltd. (liquidating) —,
9-30
37'/2c
;
%
1
Gas & Electric Co.—
Spalding
10-20
10-20
20c
(quar.)_
9- 8
2
11-
$1.50
(quar.).
Extra
Preferred
Natural
9-
.-
Riverside & Dan River Cotton
10-
11-15
/
11-
Paper—
Riverside Silk
9-15
1
!_
Quarterly
9-25
87Vac
pfd. (quar.)
(quar.)—
1
12-
stock trust ctfs. (special)
Associated Telephone Co.—
preferred (quar.)
Southwestern Life Insurance Co.
9-30
10-16
1
9-
9-25
9-30
$6
11-29
(irregular)
preferred
conv.
River
9-30
10-20
10-
10-
Ohio
&
Mobile
Southwestern
8
5 7c
(irregular)
Corp.
9-18
Southern Railway Co.—
25c
Products
Metal
Rieke
2
37%c
343/aC
*
participating preferred (quar.)
New England Telephone (quar.)
Phosphate Corp
67c
9-15
9-26
10-
'45c
Works
10-
50c
Southern
9-19
—
Water
preferred
9
9-18
Southern Canada Power—•
8-30
Brothers (quar.)—,
67c
Semi-annually
Edison—
57c original preferred (quar.)__.
5%7c preferred series C (quar.)
9-30
25c
Goods
9-
2
Co., Ltd.-
Atlantic Telegraph
75c
—
Richmond
C
10- 2
9-20
Co
Paper
Drv
Rice-Stix
&
$1.50
(quar.)
Richmond
9-8
9-20
9-22
8-31
10- 2
10- 2
9-15
2
10-
15c
—
2
10-
Southern California
9-30
(quar.)—
—k,
Rhinelander
9-13
9-30
-
10-14
Reynolds Spring Co
9-11
9-30r
8-31
$1.50
Reynolds Metals, 5'/2% preferred (quar.)
Reynolds (R. J.) Tobacco—
77c 1st and 2nd preferred (quar.)
9-15
9-15
9-1.5.
9- 8
9-21
62y2c
$1
1.25
35c
$1
10- 1
10- 1
10- 1
9-15
$1.25
(quar.)—
'
■
25c
$1.06%
$1.06%
(quar.)__UV.
1st preferred
Extra
,
50c
—:
common
(quar.).—
preferred (initial quar.)
4y47c
2nd
Co.,
____
_____
$1.50
$1.25
12%c
2
50c
(Dayton,
9
10-
62%c
Southern
'-
9-30
10-
50c
preferred
conv.
2
$1.25
(quar.)
Reymer & Brothers, common
Common (irregular)
;
10- 2
9-15
10- 2 ' * 9-15
10- 2
9-15
10- 2
9-15
20c
50c
'
Pepeekeo Sugar Co
Pepsi-Cola Co. __
$1.75
9-15
$1.75
(quar.)
9-
50c
25c
Paper (quar.)__i._
Advance Bag &
Southern
•
;
*
10-
(quar.)_
(quar.)
preferred
2
$2
Southern
.
9-20
9-15
9-15
Insurances
for
Granting Annuities
Pennsylvania Forge Corp.
Pennsylvania Glass Sand
9-15
50c
"*
9-16
10c
25c
$1.25
—
9-20
10- 2
25c
(quar.)
(quar.)—
—
Reliance Manufacturing Co. (111.), ( common)
77c preferred (quar.)
—_____
Remington Rand Inc., common
$4 V2 preferred (quar.)
Republic Investors Fund, 67c pfd. A (quar.)
67c preferred B (quar.)
Republic Steel Corp., common
6 To
prior preferred (quar.)
67c conv. preferred, series A (quar.) —
Revere Copper & Brass Inc., 5147c pfd. (quar.)
77c preferred (quar.)
57c
Common
10- 2
50c
7',«•
10-
50c
Extra
$5 pfd.
2
9-18
$2.50
(quar.)
2
9-
2
$1.12%
(irregular)
Co.
Pennsylvania Pipe Lines
Greyhound Lines, Inc.—(increased quar.)
South West
$1.75
Fire Insurance
Quarterly
Sugar
9-
9-28
Southeastern
'
8-31
9-11
Co.
Pennsylvania
and
$1.25
(quar.)___—_—__
9-15
•
(quar.)_„
.
Rico
Porto
87c preferred
9-13
2
Reliable Stores Corp., common
9-11
:—_—
Ltd.
Co
2
10-
$1-25
common
class A
Bit
Roller
Reliable
9- 8
(quar.)
Mines
(J. C.)
Penney
(quar.)
$2.80 pfd.
Penn Edison Co.
10-
(quar.)
Oil Co.
preferred
4%7c
South
58MJC
Regent Knitting Mills, $1.60 preferred
Common (interim) ——_—
9-25
9-30
9-16 '
10- 2 : 9-20
10- 1
9-15
1-1*45
12-15
11-15
11- 4 .
35c 2-15-45 2-5-45
70c
10- 2
9-11
2y2c
25c
$1
50c
50c
35c
(quar.)
$1.40 class A
9-11
10-'2
9-30
9-30,
50c
(increased quarterly)__
Park Chemical. 5% conv. preferred (quar.)_
Parker Appliance Co.. (quar.)
___
Pathe Industries, 47c pfd. (initial quar.)
Peninsular Telephone, common (quar.)
Pictures
9-11
9-28
10-
Pittsburgh Water Co.—
:
9-11
9-28
South
(N. Y.)—
preferred (quar.)
:
Employees Corp., 80c pfd.
Convertible
9-12
10- 1
9-27
10-14
9-28
41%c
(quar.)^
preferred
Reed
9-15
2
$2.50
(quar.)
Reed-Prentice Corp.,
9-15
$1.40
,
'
Paramount
10-14
10- 2
$$1.25
(quar.)
Pipe Line Co
Panhandle Eastern
.
South Penn
$$1.75
(quar.)
Co.. 57c conv. preferred
preferred (quar.)
(George) Fund of Boston
Reed Drug Co.,
9-20
9-20
9-25
9-15
9-30 "
9-18
9-15
9-30
10- 2
10- 29-3010- 2*
10-16
9-28
9-30
$1.37
37%c
(quar.)
preferred
prior
$5.50' conV.
•
Investors, Inc.—
Pacific-American
5
Rapid Electrotype (quar.)
Rayonier, Inc., $2 preferred (quar.)
Reading Co., 2nd preferred (quar.)——
Reece Button-Hole Machine
9-15
9-15".
9-1
8- 4
8- 4
10- 2
10- 2 :
:
10-
25c
RR
Railroad
10-16
9-30
10- 2
10-15_
10- 2
10-15
10-
8-31
62 %c
$1.50
40c
South Carolina Elec. & Gas,
5
25c
Oil
6%
r
10-16
11-15
11- 1'
5
(quar.)
Radio Corp. of Amer., $3.50 1st
Radio-Keith-Orpheum Corp.—
9-20
1.0- 211-15
10-
15c
Quaker Oats Co., common
9-11
9-15
-
10-15
5 7c- pfd. (quar.)
South Carolina Power Co., $6 1st pfd. (quar.)
Putnam
10- 2
10c
(quar.)—______
Co.
10- 2
9-30
9-30
10-15
(quar.)
voting
i
25c
10-
2
20c
10c
—
Gold & Platinum Co
9
8-31
10-
5c
South American
9-22*
9-
2
$1
$1.50
10-14
Corp.—
non-voting
67c
1
9-
1
9- 9
9-25
10-
$1.25
50c
$1.50
$$1.50
Corp.
$1.25
Gas,
Elec. &
preferred
67c
10-
12-29
9-25
$1.25
Sorg Paper,
9-15
.10-14
9-28
-29-45
$$1.75
5c
.
of Oklahoma—
Common
9-12
75c
35c
$1.25
non-cumulative preferred (quar.)
Water Service class A (irregular)
4-67c series B (accum.)
67c preferred series A (accum.)
Soss Manufacturing
(irregular)—
of N. J., common (quar.)
Common
Ohio Service Holdings—
Ohio
9-12
Insurance
Original
Pure
10-2
preferred (quar.),
77c
9-11
Ohio
(quar.:
Finance 5% prior pfd. (quar.)
Sonotone
(quar.)
preferred
Public Service
9-15
$1.50
*
preferred
$6
9-12
(monthly)
preferred
Public Service Co.
5 7o
9-12
$2
(monthly)
preferred
67o
9-15
2
2
$5c
8-31
10-29
$20c
$20c
$15c
,
2
(quar.)_ $$1.37 y2
9-20
50c
(quar.)
common
10-
62 7z c
9-10
2
9-30
$30c
common
10-
10-
2
10-
,
(quar.)
25c
37%C
Public Service Corp.
Ltd.,
Sons,
&
10-10
10-
$30c
614 c
—
Service £0. of Colorado—
preferred (monthly)
preferred (monthly)
Public
(H.)
1
50c
Dairies,
9-30
11-'
$$1.75
35c
$25c
preferred (quar.)
i
Simplex Paper Corp.__
—
:
Skenandoah Rayon, 5%7e prior pfd. (quar.)
5 7c preferred A (quar.)
.____
Smith (L. C.) & Corona Typewriter, com.
$6 preferred (quar.)
Smith (Howard) Paper Mills, 67o pfd. (quar.)
9-20
Quarterly
9-15
9-15
9-26
10- 2
10- 2
$$1.25
—k-'
Quarterly
Ogilvie Flour Mills,
■
Ohio Edison,
9-21
9-29
10- 2
25c '
50c
(quar.)
Corp.
10- 2
25c
87%c
$2
$$1.50
National Bank & Trust Co.
Public
Simon
9-20
10-16
50c
preferred
77c
Paper,
9-22
(s-a)
participating preference (accum.)
40c
'
Y.)
2
10-14
$3c
25c
Worcester
&
Provincial
10-16
(irregular)
(N.
9-16
10-
'.
Silverwood
9-25
2
$75c
;
Insurance
Providence
Portland Cement Co.—
;
Quarterly^---.-———————.————
Norwalk Tire & Rubber, 77o pfd. (quar.)—
Norwich & Worcester RR. Co. 8% pfd. (quar.)
No-Sag Spring (irregular)
—
—
Novadel-Agene Corp. (quar.)
_
Nova Scotia Light & Power Co., Ltd. (quar.)
10-
(quar.)
Providence-Washington
Northwestern States
9-22
pfd. (quar.)_
Providence Gas Co
Providence
10-2
(quar.)
preferred
5Vi7o
Co.,
preferred
5 7c
9-20
Quarterly
A
9-21
common
Co., Class A
(irregular)
Prosperity
9-20
$1.75
(quar.)
preferred (quar.)
Northwestern Nat'l Insurance (Milwaukee)—
Co.,
Gamble, 87c
&
9-21
2
(irreg.)
Inc.
Car
&
Bros.
Procter
9-20
77c
■"?
Steel
9-16
$1.25
15c
1
7 7c
1st
Price
2
17V2c
preferred (quar.)
57c 2nd preferred (quar.)
Preston East Dome Mines (quar.)
57c
9-20
10-
>Class B (quar.)
,,
of Canada—
Lambert,
&
Pressed
9-15
10,
2
9-26
(interim)
(Quebec), Ltd.
Signal Oil & Gas Co., class A
8-18*
9-25
50C
10-
$l5c
Interim
Co.—
Paper
9-20
$1.37%
25c
common
(interim)
Mines
Sigma
9-28
10-
(quar.)
Co.
&
2
preferred (quar.)—
Optical Co
Sicks Breweries, Ltd. (quar.)
Formerly known as Associated Breweries
8-18*
9-15
10-
57c
9-15
2
9-28
30c
(irregular)
common
partic,'preferred
let preferred (quar.)—
Pratt
10- 2 ,9-1
10- 2
9- 8
10- 2
9-8
10-
25c
non-cum.
67c
Subject to the approval of the SEC
—
preferred (quar.)__———717/ac
preferred
Power Corp.
2
10-
9-15
$1.37%
Shuron
9-15
(quar.)—i:
4%' preferred
67c-
5%%
6c!o
9-20
9-20
10- 2
10- 2
$1.50
preferred A (quar.)—
$6 1st preferred B (quar.—
North American Co., com.
(stock dividend)
One
share of Pacific Gas & Electric
common stock for each 100 shares held.
$6 1st
1
9-15
1 % To
(quar.)
Sulphite
Huron
9
9-22
10--2
50c
Co
Pocahontas
Creek
Port
2
$2.50
(quar.)
9-
"
2
10-
25c
Corp..
7%V'preferred
Pond
$£
:
^
10- 2
9-25
10-16
10-16
25c
——
North American Car Corp.—-
Scale
Pneumatic
10-
Common
9-
9-30
15c
9-20
1010-
preferred (quar.)
Shawmut Association (Boston)
(quar.)
Sheep Creek Gold Mines (quar.)
Sherwin-Williams Co. of Canada, Ltd.—
9-11
80c
9-20/*.
1
$1.25
$5 convertible
9-11
2
,15c
Pollack Manufacturing
»
2
.1.
Manufacturing Co.
Atwood
&
10-10-
Steel Corp.,
Sharon
9-11
9-25
75c
Water
Plymouth Oil (quar.)—
Stock
dividend
9-20
9-18
10- 2
9-30
held) __
stock for each share
Noma Electric COrp
;
Plume
9-15
1
conv.
class A
$5% prior preferred (quar.)
Allotment certificates (quar.)
$1.75
__
(quar.).
Plough, Inc.
9-15
9-15
$1.75
(quar.)
(quar.)—,
Planters Nut & Chocolate Co. (quar.)
9-18
9-15
9-30
10-
1
10-
63c'.
prior preference (quar,).
preferred (quar.)
Selected Industries Inc.—
$2.50
10- 2
25c
preferred (quar.)
Pittsburgh Thrift (quar.)
Pittsburgh Plate Glass
Union
2
10c
77c
9-8
30c
50c
Co
File
Common
9-18
10- 2
$1.50
87%c
$25c
—
Noblitt-Sparks Industries Inc.__
Stock dividend (% of a share of
10- 2
10- 2
10- '2
9-20
75c
of Reo.
10-
$1.75
$1.50
preferred (quar.)
$6
50c
__
Holier*.
Seiberling Rubber Co.—
57o
Forgings
Plainfield
10-
1.31%
(quar.)
Pittsburgh Fort Wayne & Chicago Ry.—
9-20
9-30
—
(s-a)
Pittsburgh
9-30
10-21
..
Common
9-14
9-30
$1.75
(quar.)
Wire Weaving Co. Ltd.
Nicholson
9-26
70c
,
77o pfd. (quar.)_
Power & Light,
preferred (quar.)
York Trust Co. (N. Y.)
Niagara
9-22
9-15
75c
-
New York
9-22
10-21
50c
:
Pictorial Paper Package Corp.
(irregular)
Pittsburgh Bessemer & Lake Erie—
Quarterly
Rosario Mining—
York & Honduras
'•Interim
50c
._
•
9-27
9-20
;-i '-i
11- 1
10-16
$1.25
City Omnibus Corp
New York
New
•
participating preferred (s-a)
V.t.c. for partic. preferred (s-a)
Phillips Packing Co., 5%% pfd. (quar.)
Phoenix Insurance Co.
(Hartford, Conn.)
$1
When
Payable
preferred (quar.)
Securities Corp. General, $7
Philadelphia Transportation Co.—
9-14
9-15
9-8
9-11
9-15
10- 2
9-30
10- 2
10- 2
10- 2
*
10- 2
10- 2
10- 2
40c
15c
$1
$1.75
$1.75
Co. (quar.)_
Hampshire Fire Insurance
New
New Idea
Per
thare
Name of Company
of Reo.
Payable
thare
Name of Comvanv
of Bee.
Holder*
When
Per
,Holier*
Pavaoie
thare
Name of Comvana
1333
CHRONICLE
& FINANCIAL
THE COMMERCIAL
Number 4319
160
Volume
9-30
9-15
37 %c
9-30
9-15
THE COMMERCIAL & FINANCIAL CHRONICLE
1334
Per
tnare
If a me or company
tFwin City Rapid Transit,
Twin
Disc
Clutch
Co.
(quar.)
208 So. La Salle St. Corp.
Underwood
Elliott
Union Bag
&
Union
Paper
Carbide
7.6%
Co.,
preferred
Pacific
;
common
4% preferred (s-at—
Union Twist Drill Co.—.
United
—-
$1 Ms
class
A
(quar.)
,
United Fruit Co.
West Penn
9-22
West
9-16
West Penn Power,
4%%
:
7%
prior
7%
prior
7%
r
prior
6.36%
Western
,10-14
9-21
6%
9- 9
9-11
6%
prior pfd. (monthly)
prior preferred (monthly)....
6%
•
prior
7%
6%
United
5%
Merchants
preferred
....
12-15
10- 2
1- 1
12-1
1-2-45
10- 2
11- 1
12- I
50c
50c
50c
50c
;
—
(monthly).
(monthly)..
preferred
prior preferred
9-15
10-16
11-15
12-15
1-2-45
$1.25
10- 2
4-2-45
!—
$1.25
$1.25
United New Jersey RR. & Canal Co. (quar.)
United Pacific Insurance Co. (quar.)—_—_
$2.50
$1.50
10-10
9-29
5%
„
preferred (quar.)..:
preferred (quar.)
...
.!•!
:
Extra
United
7-2-45
Machinery,
preferred
1st
$6
S.
preferred
U. S.
Wilson &
Wilson
International
& Foundry,
v
9-30
50c
10- 2
10- 2
7
$1
$1.75
(quar,)
9-30
10- 1
12-20
11-29°
U. S.
9-25
Plywood Corp., common (quar.—
4»/2% preferred Class B (initial quar.)—
10-20
10-10
$1.12%
10- 2
9-20
4%%
/
30c
$1.18%
10- 2
75c
9-25
50c
10- 1
U. S.
preferred A
Potash
United
(quar.)
Co.
(irregular).
Playing Card Co.
States
U. S. Printing & Lithograph 5%
6%
-
U.
convertible
8. Sugar,
$5
'J
preferred
preferred
$5
'
preferred
6.4%
pfd.
(quar.)
62 %c
preferred A (quar.)
(quar.)
10- 1
5% prior preferred (quar.)
Van de Kamp's Holland Dutch Bakers,
"$6.50 preferred (quar.)—
11- 1
9-15
12-30
11-15
$1.50
1
9-25
:
10-31
10-16
$1.50
11-
25c
10- 2
-10- 2
5%%
preferred A
9-30
9-15
Demand deposits-adjusted
8-31
Time deposits
7,166
9-16
U, 8. Government deposits
9,511
9-28
9-16
8-24
Interbank
2
9-20
10- 2
10- 2
15%:
$1.37%
resident tax.
7%.
a
75c
Less
10-
1
British
Income
The condition statement of
10-
1
9-8
$2.50
10-1
9-8
25c
9-30
9-20
62%c
9-25
9-12
a
11-1
10-16
11- 1
10-10
12- 1
12- 9
11-15
12- 1
$$1.25
10- 2
9-30
9-20
9-30
9-20
37%c
37'/2c
6%
preferred
(quar.)
1-45
4-16
10- 2
9-20
$1.75
10- 2
9-20
75c
10- 2
.......
9-25
9-15
10- 2
9-22
62V2c
10- 2
9-20
(irregular)
5c
Baking Co., $7 preferred (accum.)
10-
2
10- 2
9-12
11- 1
10-16
62V2c
B.,(quar.)
11-
1
10-16
9-25
9-15
Warren
Refining &, Chemical Co
Washington Railway. & Electric—
5c
$2.50
-
(quar.)
12-
1
$1.25
(quar.)
12- 1
10- 2
9rl8
,•
RATES
CERTIFIED
BY
SEPT.
FEDERAL
of
15 TO SEPT.
1944—3 Mos.—1943
21, 1944, INCLUSIVE
OF
time
$26,064
$27,334
i399fl00
1782.
P.
I
/:
I
r
394,800)
-a
"
■
,
Co.
on
—
Rights, Etc,Etc.—In¬
$1.45 Annual Dividend
a
of' stockholders
meeting
will be held on Oct. 5 for the
proposal to invest $2,496,250 out of the assets
shares (being, together with directors'
a
in
corporation
issued
99,850
and
outstanding) of $10 par value of, a fire insurance
newly organized (to be known as Planet Insurance
shall be available); and, likewise, the further sum
of $500,000 in shares of said company at such times and under such
being
company
if
Co.,
such
name
circumstances
The
ized
the
as
stockholders
shares
of
directors
also
will
determine.
may
vote
stock
common
increasing the number of author¬
on
by the addition
thereto
of
not
exceed
to
175,938
shares of the par value of $10 each.
Charles C. Bowen, President, said in part as follows: "The
have decided that the initial investment by Standard in the
fire
of
insurance
directors'
stock
of
the
be
with
fire
new
would
insurance
carried
further
1930
in
the
business
be
provided
Standard's
also decided
fire
new
both
of
an
be
or
over
a
considerable
advisable."
that, in view of the proposed invest¬
insurance .company
and the anticipated volume
capital for Standard should
through the sale of additional shares of
stock.
Accordingly,
it
is
recommended
that
companies,
this
at
as
would extend
company
might be required
The directors have
ment
qualifying
selling price
permitted by law
asset.
The development
original
as
the fire insurance business increased in volume
as
investment
books
Standard's
on
period of time, and
proposed
(except directors'
company
be acquired by Standard at the
profit to any incorporator and
without
v.;r.lv
directors
should be $2,500,000, less the required amount;
shares, in order that the new company may
an adequate capital and surplus.
The capital
company
qualifying
business
commence
%
*
than
1944—6 Mos.—1943
$9,913
7'!" 185(300
193,200
of voting on
the
of
ACT
!?
$12,162
period of the fire insurance
TARIFF
sound
a
more
appropriate to
Commission directed
chgs.
after
special
would
UNDER
"on
not
qualifying shares aggregating 150 shares, all the 100,000 shares at such
$90,000,000, both largely in New York
TREASURY
of
amounts
and
deducted
purpose
0
RESERVE BANK TO
in
,
A
Foreign Exchange Rates
EXCHANGE
recapitalize
consisting
stock
Basis—
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world.
We give below a record for the week just passed:
FOREIGN
of
class
one
taxes
shares)
'
to
company
capital structure
a
and
Standard Accident Insurance
and
■
the
ordered
with
debt
creased Stock to be Placed
and
,
9- 7
10- .2
v
_
1300)
page
"
of Treasury bills declined $227,000,000 in
City and $270,000,000 at all reporting mem¬
ber banks.
Holdings of Treasury certificates of indebt¬
edness and of Treasury notes declined
$39,000,000 and
$22,000,000, respectively.
Demand deposits adjusted increased in
nearly all dis¬
tricts, the principal increases being $103,000,000 in the
11-15
25c
50c
Waukesha Motor, CQmmon
has
of
—V. .156.
Holdings
11-15
accounts,
12,603
basis"
profit
*Taxes
New York
;'.'+;! 'y.-
,(s-aU
SEC
and
City.
9-20
•
75c
33%c
Cq% $1.35 Class A (quar.)
*Net
v
purpose declined
Gov't
Springfield Street Railway—Earnings—
$724,000,000 in United States Government
industrial,
S.
Period End. June 30—
purchasing or carrying United States Government obli¬
gations declined $58,000,000 and other loans for the same
9-20
40c
25c
(quar.)
;
Walker & Co., $2.50 class A (quar.)
Co.,
10-10
,
Reserve
agricultural loans in¬
creased $14,000,000 in the Chicago
District, $11,000,000 in
the San Francisco District, and
$30,000,000 at all report¬
ing member banks.
Loans to brokers and dealers for
7-16
10-20
Inc.
Brothers
1-45
decrease of
Commercial,
15c
,
Federal
the
-
$1.75
(quar.)
the
shows
deposits.
1-15
1-45
37V2c 8-
Detinning, 7% preferred
Baking Corp., common
7% preferred (quar.)
1
$3 2nd preferred (quar.)
Walalua Agricultural Co., Ltd
Waldorf System.
2-
of
cities
9-20
37M2C 5-
Wagner
banks
*
(quar.)__.
U.
earnings of the company.
The
that the plan shall also include appropriate action to restate the plant
and property and other accounts of the company in accordince
with
sound accounting principle.
Spokane is a subsidiary of Cities Service
Power & Light Company.—V. 160, p. 670.
;7;7
weekly reporting member
System in 101 leading
following principal changes for the
week ended Sept. 13: A decrease of
$333,000,000 in hold¬
ings of United States Government obligations: increases
of $191,000,000 in reserve balances with Federal Reserve
Banks, $426,000,000 in demand deposits adjusted, and
$127,000,000 in deposits credited to domestic banks; and
$1
$1.75
$1.75
$1.75
Vulcan
The
tax.
Condition Statement of Member Banks
9- 9
except
(Continued from
assets
9- 9
■■■ 24
Spokane Gas & Fuel Co,—SEC Orders Plan—
the
12-23
79
+
%+'
General Corporation and
Investment News
12- 8
9-21
9-30
(quar.)
and
9-9
12-15
10- 2
1-2-45
9-30
696
—
1
9-8
20c
Jamaica.Income tax
•Transfer books not closed for this dividend.
tPayable In U. S. funds, less 15% Canadian non-residents' tax.
tPayable In Canadian funds, tax deductible at the source.
Non¬
tax.
+ 127
+
715.
9-20
15c
1,251
.
9-20
$1.75
deposit accounts
3,033
+
+
91
during week
10- 2
+
53
+
863
xLess 30%
resident
380
—724
8,829
demand
to
$1.50
—
9-15
12
—
+ 426
35,895
Domestic banks
Co-operative Mercantile Institution—
Quarterly
9-20 %
10-16
346
Interbank deposits:
class
(s-a)—
95
9-30
one
>
+
9
+
+
Liabilities-
Zlon's
9-18
10-31
2,169
2,481
3,059
—
43
$1.75
(quar.)
+
+
5
+
2,852
—1,240
+ 191
9-28
10c
& Towne Mfg. Co
Youngstown Sheet & Tube—
10-18
10- 2
+
50c
:
+
2
574
27
—1,623
22
2,962
$50c
(quar.)____i___—-.—t
74
—
—V
—
9,263
:
Balances with domestic banks
9-12
V
39
—
597
Reserve with Federal Reserve Banks
Cash in vault
495
+
,
—270
—
7,385
299
9-12
15c
—
19,525
Other securities
10-16
10- 2
24
28
7
—
2,644
Obligations guaranteed by U. S. Government
10-16
11- 1
$1.75
2}
—
1,299
U. S. bonds
10-16
9-30
$$2.50
—
10
—
10,962
financial
(s-a)
Pump
$1.50
—
:•
90)
~
51
Treasury bills
Treasury certificates of indebtedness.;
Treasury notes
9-15
9-30
11- 1
10- 2
10c
preferred
Wayne
9-1
9-15
(quar.)
preferred
preferred
9-22
9-22
common
6%
5%
10- 2
15c
Victbr Chemical Wqrks_i.__,,__I__—
Virginian Railway, Common-'.(quar.);—
6%.,"~preferred (quar.)—
5%
1
10- 2
13)'
—
339
Other loans
62V2c
62%c
—_
Shreveport & Pacific Ry.—^
Class
10-
*
1,066
Loans to banks
9-22
$1.25
$25c
(quar.)
1
$2.50
Co.,
preferred
$2.50
10- 2
Yale
4- 2
$1.62V2
Co., common.
preferred (quar.)
1
Vapor Car Heating, 7% preferred (quar.)
Viau, Ltd., 5% preferred (quar.)
Class B
10-16
10-
+
58)
—
803
Other securities
10- 2
Raalte
Warren
Real estate loans
*9-30
com.
1st
Ward
9-16
9-15
15c
,
t
1
1
$1.75
Utah-Idaho Sugar, 60c class A pfd. (quar.),
Utica Knitting, 5% prior pfd. (quar.)
preferred
1010-
10-
2-26
$2
778
614
$1.75
75c
'
30
+
pur¬
obligations
$1.75
/%
...
\
,
1(T- 2
7- 2
50c
for
Other loans for purchasing or carrying:
U. S. Government
obligations
10-
t6%c
5-26
6%
9-16
$1
Wrigley (Wm.) Jr.' Co., common
Wright-Hargreaves Mines, Ltd
Wrisley (A. B.) Co., common—
9-15
40c 3-12-45
-"Common
1
dealers
Other securities
Debits
40c 6-11-45
"".",5%.
9-8
9-20
(quar.)
preferred
10- 2
10- 2
(quar.)
7%
$1.25
50c
A
ViCksburg
9- 8
91
agricultural
Foreign banks
Borrowings
A
Tool
10- 2
and
5,629
carrying:
or
U. S. Government
9-15
preferred
Vlchek
25c
brokers
to
chasing
9-15
preferred
Van
9-26
2
11-27
(accum.)
9-11
2
10- 2
6.4%
Pictures, common
Upressit Metal Cap, 8% preferred
preferred (quar.)
2\
10-
.
and
6,016
Loans
10-
75c
industrial,
loans
10-
6.4%
Upson Co., 7%
Commercial,
$1.50
12-11
Universal
+
$1.75
7-16-45
$2
—124
(quar.)
40c
—
+
10,966
0-5
$1.06%
(qaar.)_;
:
preferred (quar.)
;
—452
Loans—total
9-11
10-2
7
$
55,041
(quar.)__
7%
.
10- 2
$20c
;k
$
Loans and Investments—totaL——
A
1- 2
$1
$1.50
Assets——;.
■
9-22
9-15
B
preferred
25c
9-20
10-16
10- 2
preferred
6%
$15
1
50c
preferred
9-15
(quar.)—
10-
Increase ( +) or
Decrease (—) Since
9-6-44
9-15-43
9-13-44
$1.75
.
—
10- 2
(quar.)——
9-18
25c
7%
10- 1
$1.25 4-16-45
(N. Y.)
9-30
7%
$1.25
States Trust Co.
$1
$1.25
(In millions of dollars)
j
6%
(quar.)_
United
9-21
9- 2
9-15
A
Universal-Cyclops Steel
Leaf Tobacco, common
8% preferred (quar.)
■—
9-15
9-30
$1
Co..
$1.25 1-15-45
Universal
10-15
$1
10-16
(quar.)
(quar.)
9-22
9-15
Inc
$1.25
;
member banks follows:
9-29
9-20
>
preferred
*
Co., $6 preferred
11-1
10-15
75c
&
62%c
$5 preferred (quar.)
$5
,
(quar.)
9-15
$$1.75
(quar.)—..
Woodley Petroleum Co. (quar.)
Woods Manufacturing Co., Ltd. (init. quar.)
Woodward & Lothrop, common (quar.);
7%
preferred (quar.)
Worthington Pump & Machinery Corp.—
9-10
40c
.
9-15
9-15
50c
Steel Co. of California.
Extra ——..
(quar.)
10- 1
10-14
■
$75c
preferred (quar,)
Wisconsin Electric Power, 6% pfd. (quar.)—
Wiser Oil (quar.)
Securities—
common
$1.50
Extra
9-15
9-
10- 2
—
(quar.)
common
(quar.)
Line,
Wisconsin
9-15
$1.75
(quar.)
preferred (accum.)
Leather,, 7% prior pfd.
S.
U. S. Pipe
;
40c
■;
Winnipeg Electric, 5% preferred
Winstead Hosiery
(quar.)
9-30 v; 9-25
$1.50
11-1
10- 2
45c
Inc., 6% pfd. (quar.)
preferred (quar.)
Ltd.
9-19
(quar.)
1st
$5
prior
9-19
9-19
Gypsum Co., common (quar.)..
7%T preferred
United States &
U.
$5
Wilsil
9-29
;
(quar.)..
Co.
Guarantee
75c
$1.50
'
Wieboldt Stores.
9-19
$724,000,000. *
Deposits credited to domestic banks increased $27,000,000 in the San Francisco District, $18,000,000 each in the
Richmond and Atlanta districts, and $127,000,000 at all
reporting member banks.
;;::%!%:;;%!
♦
A summary of the assets and liabilities of reporting
9-18
$12.70
Inc
Ltd.,
(quar.)
Wichita Water Co., 7%
pfd.
9-20
crease was $53,000,000.
United States Government de¬
posits declined in all districts and the total decrease was
9-25
preferred
10- 5
10-5
37MZC
United States & Foreign Securities—
U.
7%
posits increased in nearly all districts and the total in¬
Stores—
Co.
preferred
62V2c
(quar.)
common
(quar.)
10-19
9-25
(special t
Grocers,
$2
Shoe
'
6%
10-19
11-15
.
Whitaker Paper, common (quar.)
7%
preferred (quar.)
Whitman (Wm.) Co., Inc.,—
3-15
6-16
5%
(quar.)
pfd. <quar.)„,
$6
—
12-16
—
11-15
10-16
Wheeling & Lake Erie Ry. (quar.)!
Wheeling Steel Corp., common——
$5 convertible preferred (quar.)
9-16
1-2-45
—
preferred (quar.)
9-22
30c
Westvaco Chlorine Products Corp.—>
$4% preferred
(quar.)
—J
9-15
10-16
11-15
12-15
$1.25
(quar.)
5%
9-30
1'
$1.12%
Stationery com. (irreg.)_
5% preferred (quar.)
%
Western Union Telegraph Co., class A
Westmoreland, Inc. (quar.)
Westmoreland Water Co., 6% pfd. (quar.)—
Weston (George) Ltd. (quar.)—
Manufacturers—
&
preferred
Western Pipe &
Western Tablet
9-15
10-16
11-15
1-2-45
pfd. (monthly)
53c
preferred (monthly)
—
53c
prior preferred (monthly)
—
53c
prior preferred (monthly)53c
6.36%
6%
10- 2
11- 1
12- 1
prior
6.36%
9-15
$1.75
—
Manufacturing
Department
Western
prior
6.36%
2
SI.50
—
Pulp & Paper (irregular)
West Virginia Water Service, $6 pfd. (quar.)
10-14
Railways Co. (Del.)—
preferred (monthly).
53Mac
preferred (monthly)
—_—
58V3C
preferred (monthly58MiC
preferred (monthly)...—58"/3C
prior
9-15
10-
(irregular*—
(quar.)_
Texas Utilities Co.,
10- 2
10- 2
50c
—
11-
Monday, September 25, 1944
Chicago District, $55,000,000 in New York City, $53,000,000 in the New York District outside of New York City,
and $53,000,000 in the Dallas District; the increase at all
reporting member banks was $426,000,000.
Time de¬
10- 2
11-15
10- 2
$1.75
—
—:
common
preferred
West Point
United Light &
7%
10-19
25c
West Virginia
11-15
Holderi
25c
(quar.)—
(quar.)-;
Western Electric
(quar.)
United Illuminating
12%c
common
Inc., common—
preferred (quar.)
preferred
$1
—
class A pfd.
9-15
(quar.)—
Electric, class A
6%
*75c
(increased)—
preferred
7%
United Fuel Investments—
6%
of Rec.
9-30
50c
9-29
J37c
(quar.).
Payable
Extra
9-21*
Corporations, Ltd.—
Co.
Manufacturing Co.,
10- 2
$2
....
Carbon
thare
20c
Oil & Snowdrift Co.
10- 1
10- 2
10- 2
95c
$1.50
(quar.)
When
Inc.-
convertible
SI
9-15
9-1
9-15
9-15
9-5
9-5
10c
—
United
9-25
10- 2
10- 1
Wentworth
Wesson
50c
Corp
common—,
(quar.)
RR.
9-30
Wellington Fund,
.
75c
Corp
Carbon
&
Union Investment
Union
Co.„.
Fisher
9-22
9-15
9-20
10-20
Kame of Company
of Reo,
10- 2
9-25
10- 2
1-2-45
50c
*
(quar.)_..-__4.
Quarterly
Payable
$1.75
75c
50c
50c
(accum.)
Per
tioiaert
15c
75c
pfd.
7%
ntien
additional
time
common
$1,759,380 of additional capital be obtained through the sale of 175,938
Noon
Country and Monetary Unit
shares
Buying Rate for Cable Transfers in New York
Value
in
United
States
If
Money
of
the
Standard's
increase
stockholders
Sept. 15
Argentina,
peso—
1
.
$
..
Sept. 16
Sept. 18
$
■>
.";
£
:
1
.297733*
.297733*
.297733*
subscribe
.251247*
.251247*
3.228000
%
.251247*
.251247*
common
3.228000
3.228000
"
the
Sept. 21
$
.297733*
.251247*
3.228000
„
Official
.297733*
.251247*
pound
Brazil, cruzeiro—
Sept. 20
s
.297733*
Australia,
Sept. 19
:
'
for
directors.
3.228000
.060602*
.060602*
.060602*
.060602*
.060602*
.051803*
.031803*
.051803*
.051803*
.051803*
.051803*
date.
.909090
.909090
.909090
.909090
..889062
Colombia, peso!
England, pound sterling
India (British), rupee
Mexico, peso___
Newfoundland, dollar—
.891093
.891250
.892500
.893125
.572766*
.572766*
.572766*
4.035000
!' 4.035000
4.035000
v
4.035000
4.035000
,909090
.'
.301215
.301215
.301215
.301215
.301215
.205820
.205820
.205820
.909090
.909090
.909090
.909090
.909090
.888333
.888958
.890000
.890833
.894166
3.244203
3.244203
3.244203
3.244203
3.980000
3.980000
3.980000
3.980000
New Zealand, pound
3.244203
Union of South Africa, pound
Uruguay, peso—
3.980000
3.244203
~
'
3.980000
.
•
,
Noncontrolled
.541850*
*
.658300*
.541850*
.
•Nominalrate.
.
'■
z ,1
«
!••.
•;
-..*«■
-
*
-
-
<,
t
*
■
■ ■■■>.
'
.
1
to
its
be
to
stock
common
on
issued
date
a
subscribe
will
to
be
for
to
be
each
share
of
determined
evidenced
stockholders
as
such
by
the
by
transferable
of
such
record
mailed
that
to
stockholders
warrants under
will
be
underwriting of
no
subscribed
for
for sb1 res,
if
upon
and
any,
may
completion of the sale of the entire additional shares of
dividend, payable Dec.
of
common
.658300*
*658300*
.658300*
.658300*
$1.45
541850*
.541850*
.541850*
.541850*
March 4, June 5
The
*:
offer
common
stock covered by the subscription
warrants, and subject to
changes in the company's earnings and other factors affecting dividend
policy, it is the present intention of directors to declare a
quarterly
shares
'
.658300*
there
not
Based
'
will
any shares of the common
purchased by stockholders, such un¬
be sold by Standard at *such time,
at such prices and on such terms as the directors
might deem advis¬
able after the expiration of the subscription warrants.
.
-Free
;
While
.205820
.909090
be
the
subscribed
.301215
.205820
.886666
%
T
will
and
stock
4.035000
.205820
;
-
Standard
warrants evidencing the subscription
following registration of the
the. Securities Act of 1933, as amended,
such mailing to take place about
the, middle of October.
.572766*
.909090
of
record
to
contemplated
rights
.896562
.572766*
.572766*
of
right
warrants
is
It
share
new
held
shares
Canada, dollar—
authorized,
to subscribe, prior to a time to be fixed by
price of $10 per share for the 175,938 shares of
Standard, each stockholder to have the right to
of
Such
subscription
.060602*
is
right
one
stock
capital
the
at
stock
common
$
3.228000
directors,
stock.
common
in
the
the
per
share.
directors
record
date
5,
stock
1944, of 36%
to
be
and Sept. 5,
have
for
fixed
the
of
this
the
cents per share
outstanding,
Distributions
62'/2
at
or
cents
the
each
on
year.
close
rate
made
of
on
.
of
determination
the 351.876
annual
were
business
of
the
on
Sept.
holders
of
9,
1944,
stock
of
as
the
adjournment or adjournments
minimum of 66%% of the capital
any
is
power
160, p. 1023.
capital stock.—V.
profit after charges and taxes
Common
shares outtsanding
Earnings
,(& Subs.)—Earnings-
Standard Cap & Seal Corp.
1844
End. June 30—
6 Mos.
—V.
157.
p.
profit after
depreciation,'. Federal
income taxes, etc.—
j.v .y'y\
.
'i.\
$266,522
$184,253
$141,931
$163,552
238,145
216,893
216,604
216,504
Earnings per share
$0.75
$0.45
$0.26
$0.36
Note—Company states that it has no liability for excess profits
taxes.—V. 160, p. 471.
-'y-.
y ■
■
aside
Plan—
dated
of notes
Standard.
participate ratably
-
Net
Standard Gas &
771,"
See T. F.
Months Ended April 30,
Federal taxes and reserves
1944
for
$113,324
$0.46
—y—i—.—••
•Earnings per common shares—
•
"Based on 242,400 shares after
.
:—
three-for-one
—-—
split-up.—V. 160. p. 52.
Co.—Large Stock Interest Held by
Co.—See latter above.—V. 160, p. 872.
Sullivan Machinery
Adams Express
Distribution—
Co.—10% Stock
Sun Oil
Sept. 15 declared a dividend of 10% on the common
stock, no par value, payable in common stock on Dec. 15 to holders
record Nov. 24.
Payments of 25 cents each in cash were made on
March 15. June 15 and Sept. 15. this year, and in each quarter during
1943.
In addition an extra of 50 cents per share was paid on Dec.
last year.
The previous stock distribution, also 10%, was
on
Dec. 29, 1941.—V. 160, p. 1119.
The directors "on
of
made
Inc.—Debentures
Months Ended June 30—
Estimated net mine income
receipts
2238.
.
Miscellaneous
—V.
159,
p.
_—
6
Months Ended June 30—
sales
Net
Other
income
yyy—
'
K
- ,
15,
contingencies-
Federal taxes and
Earnings
—
—V. 160. P.
America, Inc.—Earnings—
1944;.
,1943
1942
Sweets Co. of
End. June 30—
profit
—
6 Mos.
tEarnings per
'TK^After
*$119,751
$1.41
share
.
$74,219
$0.87
•Net
-
The company,
a
2087.
p.
T. F. M.
r;
»
.
,
Corporation, Providence, R.
I.—First Liqui¬
dating Payment-
stockholders of this corpo¬
ration,
formerly the Textile Finishing Machinery Co., now being
'liquidated, was authorized on Sept. 18 in a decree entered by Presiding
Justice Jeremiah E. O'Connell in Superior Court at Providence, R. I.
The
distribution, to be made on or before Sept. 25 to preferred
stockholders of record as of the close of business Sept. 16, represents
first dividend in liquidation, which was voted by stockholders on
Nov. 29. 1943.
''y y'yy ■ yy
' y-y,l,<
yyy
.
In their petition J, Allen Harlan and Emery W. Lothrop, receivers,
^aid that there are outstanding 5,688 shares of preferred stock of $100
Distribution of $50 a
share to preferred
,
a
.
5,827.8 shares of common stock of the same par value.
assets over liabilities, and the cash in the hands of
the receivers, were sufficient in their Judgment to permit the requested
distribution and to leave a cash balance adequate to meet the receiv¬
ership expenses pending collection of further assets of the corporation,
thev said.
^-'•■'y'y:- vy, W
yW''\'
, ,
par value and
The excess of
•
1
Harold B. Tanner,
Collins & Tanner, represented
''Journal..");.;, v ■;.::y".-;y' \' y ; y; \
of .Tillinghast,
(Providence
receivers,
had
the
of
same
more
time
system-wide tabulations
all its coast-to-coast
passengers on
July 31, '41
*$43,289
of business
Sept. 30,
1944.—V. 160, p. 1233.
,
,
y
passengers,
of which 19,406 or
sengers
completed 99.6%, or 2,052,013 of its 2,060,502
month," Mr. Cocke said.—V. 160, p. 1234.
V
-
Period End. June
Net
&
Earns,
—V.
Corp.—Earnings— y.;r;
1944—3 Mos.—1943
30— < •>
profit after charges
Fed. income taxes
per
160.
p.
com.
572.
$39,765
$0.18
share-
.
'
\
$40,331
" $0.18
•Net
1944—6 Mos.'—1943
$82,781
$0.37
$79,303
$0.35
2,079,678
End. June 30—
mon
per
sh. on
depreciation,
taxes.
*
$1,^73.026
9,{|lp,*75
.
$11,183,201
3,633,184^' 3,804,579
$2,414,299 $11,458,219
930,265
,
$1,484,034
'$t378,622
$7,825,035
1944
Sheet, June
'V':
'!'
'■
equipment (including intangibles), $29,-
accrued-
'
preferred stock (449,822 shares, no par^
pref. stock (884,680 shares, no par),* $88,^
468,000; common stock ($1 par), $7,818,959; long-term debt, $28,900,000; note payable—Electric Bond and Share Co. (without collateral)-—
due on demand, $25,925,000; accounts payable, .$3,282,094; customers'
deposits, $872,332; taxes accrued, $3,047,317; interest accrued, $96,679;
other current and accrued liabilities (including', $f,816.83, for which
cash is in special deposits), $40,197; deferred credits—customers' ad¬
vances for construction, $37,748;
reserves, $5,497,988; contributions in
aid of construction, $217,450; capital surplus, $18,982,752; earned sui>
plus, $31,046,507; total, $258,215,122.—V. 160, p. 1234.
v '
■
yyyy.yvy>;y'^
cumulative
second
$7
Co.—Earnings-
United Milk Products
1944
6 Mos. End, June 30—
♦Net
profit
tEarnings
•
share—..
per
$178,476
$2.22
stock
(no
$186,499
$167,634
$2.03
fOn
etc.
159, p. 1291.
par).—V.
1941
1942
.1943
$266,417
$2.99
depreciation, Federal income taxes;
•After
;
$2.29
;
34,899 shares
oi
•,
.
-
30—
y
S.
U.
Other
$163,542
$163,134
expense—-—$82,678
$88,608
Total
.
—
...
administrative
sale of
on
Other
1943
$125,380
37,754
.
Operating and
Loss
Ind.—Earns.
1944
>
y:'.y y:.'y
Government___-_«__—$125,680
tenants
——.—'
37,862
Rental incomer
48,226
real estate (net)..
expenses—.
78,387;
72,257
—
^
.
Net
loss
• $39,619
—
Balance Sheet,
June 30, 1944
4
$3,860
1
^
accounts.receivable, $186,518; land, $536,701;
buildings
(less accrued depreciation reserves, $292,716),
$962,172;
equipment (less accrued depreciation reserves, $175,081), $5,293; de-r
ferred expenses, $94,224; total, $1,829,443.
•
i
Assets—Cash,
$44,565;
payable, lease deposits, etc., •
first mortgage cumulative income
Liabilities—Accounts
1
liabilities,
$36,362;
$3,281; accrued
bonds due April-
certificate^
1948,
$1,842,500; interest accrued, $394,218; scrip
$184,250; capital stock ($1 par), $34,130; surplus reserve for property
rehabilitation and replacement, $35,000; deficit, $700,298; total, $1,829,15,
(& Subs.)—Earnings—
1943
1942
1941
$147,471
$87,702
$216,440
$0.27
Offices Corp., Indianapolis,
United Post
6 Months Ended June
that a record
46.7% held priority
$0.06
$0.52
interest, Federal income taxes and excess profits
$0.11
•
—$1,665,910
Liabilities—$7
$44,982,200;
miles scheduled for the
com¬
stock
•After
1944
$101,173
profit
Earns,
'
$2,531,217
865,307
—
income
443.—V.
Tung-Sol Lamp Works, Inc.
6 Mos.
,'y TelAutograph
$385,588
2,145,629
$1,943,000;
miles during
of
July, 1943.
July.
,
9,496,490
w—
(net)—.
supplies, $273,248; prepayments, $88,931; other current and
assets, $13,507; deferred debits, $490,649; .total, $258,215,122.
riod
close
$1,961,729
....
income
650,000
670,800
investment and fund accounts, $216,139,654; cash in banks
(on demand), $8,857,227; special deposits, $7,817; working funds, $44,995; temporary cash investments—U. S, Govt, obligations,
notes receivable, $595; accounts receivable, $9,781,153; materials and
showed that TWA car¬
routes during the month
ratings,
income
129,700
income
Assets—Plant, property and
flew a total of 36,508,858 revenue passenger
This represents an increase of 14.8% in the number
pas¬
flown during June and a 34.2% increase over
The airline's previous record month for passenger volume was Sep¬
tember, 1941, when 40,594 persons were carried.
"This record can be partly attributed to the fact that the airline
$f§teel Co.—Dividend—Interest
net
value,
amount
paid
follows:
July 22, 50 cents; and Nov. 5, 70 cents.
^
;
"> The directors also voted to pay . the interest for the six months' pe¬
ended June 30, 1944, on the collateral trust 7%% cumulative
bonds on Oct. 2 to the registered holders of said bonds at the
on
1944—12 Mos.—1943
$2,301,344 $12,671;669 $11,051,420
1,460,840
8,019,069
7,518,024
171,133
1,186,269
757,637
205,050
833,802
752,733
377,346;
July than in any previous month in its history.
O. Cocke, General Traffic Manager,
announced
of 41,579
$8,153,973
Only)
Western
E.
number
Sept. 15 declared a dividend, out of current
profits, of 30 cents per share "on the capital stock of no par
payable Oct. 10 to holders of record Sept. 25.
A like
was
on April 14 and July 14, this year.
Payments in 1943 were as
directors
In
the
At
ried
$l,765i549 ..$7,355,936
v<:
$334,621
yT-:
Balance
wartime basis, the
a
.134,900
revs.—nat.
oper.
Gross
number of passengers was
August, 1943, 4,434 passengers were carried from New York.
on
225,953
Net int. and oth. deducts.
:y yyy
placed
been
3,742.
Taylor-Wharton Iron
The
Other
Air, Inc.—Traffic Sta¬
;y':;-K
The corporation carried, during August, the greatest number of
passengers from its New York terminal in any wartime month, A. D.
Williams, Jr., New York district traffic manager, reported on Sept. 15.
Preliminary figures show that during August, TWA originated 5,912
passengers on its flights from La Guardia Field, Mr. Williams said.
In
the pre-war August of 1941, 6,930 passengers originated from
the New York terminal of TWA.
In August, 1942, after operations
&
224,886
taxes.w_.^.^.__
common
Transcontinental
1,667,592
retirem't reserve
appropriations —
of
tistics—
153,346
Prop,
be changed under the plan
10,000 shares ($100 par) $5
;:y.yy;yy y^;y-'.yr.;y.;:y.,;..y
191,864
1944—3 Mos,—1943
taxes
Other
,
(United Gas Corp.
$2,638,919
Operating expenses
Electric Corp. will receive 3,461 new common shares
its entire present common stock interest in the
company, totaling 115,789 shares of $10 par value.
.
:
In
addition to scaling down the present capitalization the plan
contemplates drastic write-down in carrying value of properties, as
recently ordered by the SEC.
■ .Vyyyy'-yyy..y-'yv
The
management expresses the belief that soon after the plan
becomes effective the company's directors should inaugurate dividends
on the new common shares.—V. 160, p. 1025. .
.
y
.
,
satisfaction
$1,704,157
Statement
revs,—nat gas—
Federal
'
04
42,899
•:
Period End. June 30—
General Gas &
in
$8,307,319
Bal. carried to consol.
earned surplus.
Oper.
.
.
$7,547,800
20,812
Income
Co.—Files Plan with SEC—
subsidiary of General Gas & Electric Corp., has filed a
lated thereon.
'
The net profit for the June quarter of 1944 was $45,177, or 53 cents
"share, which included a non-recurring income of $3,286.—-V,; 158,
1
July 31, *44 July 31, '43 July 31,'42
*$73,622
$18,943
$77,691
and taxes. tLoss.—V. 160, p. 231.
3,646,594
$1,808,448
mi-
to
Subs.)—Earnings—
be
first
•
■
y
3,958,573
interests
gas
preferred stock and 98,893 (no par) common shares.
- y"
Proceeds from sale of the new bonds and senior stock would
used, together with cash on hand, to redeem the $6,065,500
mortgage 5s of 1979 now outstanding.
"
' y •
Holders of present $6 preferred stock will receive four new common
shares in exchange for each preferred share and for dividends accumu¬
profits taxes, etc.
includes non-recurring income
capital stock,
"
Starrett Co., Inc. (&
.
923,349
$1,724,969
applic.
nority
y;
1944, on Third Avenue
plan of reorganization with the SEC.
Capitalization of the company would
to $4,500,000 first mortgage
bends,
Federal income and excess
depreciation,
'■f'pri 85,000 shares of
'{net) of $13,160.
Portion
362,358
,.;
1,002,768
Balance
r
$11,953,913
and
public
to
$2,731,797 $11,506,373
deductions.—__
other
Tide Water Power
1941
$46,498
$0.55
$54,881
$0.64
int,
Net
?
251,779
*
$11,591,555
$2,727,737
income
Gross
$2,562,880 $10,976,263
168,917
530,110
$2,475,958
oper. revs
income (net)—
Other
Transit Corp.—Interest—
End. July 31—
income
•After charges
$354,472
113,276
$3.13
$1.78
—ii
share
472.
per
Net
y
Net
Thompson
$1,505,450 $3,699,322
1,303,300 3,344,850
$202,150
113,276
shares
of
Number
; 1943
;
revenues—..
,
Rail¬
way adustment mortgage 50-year 5%
income gold bonds, due 1960, on
surrender of coupon No. 45.
Interest is payable at office of Chemical
pank and Irust' Co,.j New York.—V. 160, p, 1119.
,
#
' .. . /
3 Mos.
profit
'
'
200,000
1944—3 Mos.—1943
1944—12 Mos.—1943. v
$13,640,754 $12,578,427 $58,994,473 $55,458,022
Operating expenses
5,519,775
4,907,585 22,107,833 20,461,450
Federal taxes__^
1,723,518
1,173,283
9,374,717
6,220,023
Other
taxes..——
1,133,519
1,155,854 ' 4,690,080
4,880,439
Prop, retirem't and de•
;
,
plet. res. approp.—_
2,787,984
2,778,825 ,11,837,580 .12,304,555
Net
will be paid Oct. 1,
3,331,500.
273,000
Subs.)—Earnings—yy'-y'
(&
United Gas Corp.
Nylon,
plants in
llA%
3,306,000
Period End. June 30—
of synthetic yarns processed or used by Textron are
Viscose, Acetate and Cupramonium.
The company has five
Massachusetts and New Hampshire.—V. 160, p. 1025.
Third Avenue
$5,891,425
5,046,878
$1,358,147
profit
Operating
and
Interest of
V,"
■
$1,375,227'. $1,515,378
Preferred dividends-,
27,601
27,601
28,259
Earnings per common share—:
. $1.62
$1.64
$1.81
•After deducting $344,442 provision for employees retirement plan.
tAfter deducting post-war refund.—V. 160, p. 472,
;
Net
.
,
1
4,954,227
200,000
contingencies—
war
':"
1942
$6,007,863
3,342,000
taxes
for
$105,401
1943
1944
$6,202,529
•4,900,147
income
Provision
• v
.,
Foundry Co.- -Earnings—
tFederal & State income and excess
profits
y
.
$120,480
$109,050
" "yy .' 7V..y;,;:< y '
manufacturing proiit
date the warrants
entitled to purchase
prior to Oct. 1, 1947, on which
Holders of each $500 debenture are
void.
shares of common.
.$9,332,330 $14,551,590
1;458,966
3,625,389
46,484
73,933
income
Total
Provision for
*>Nct
depreciation—liy— ,
— y.-—-"
.expenses and
after
Net
—-
—i»—y——-—
Profit
*
1944'
$125,450
profits taxes
160, p. 572.
Total
: M
■'
y
1941
1942
1943
-
-
United Engineering &
and
y^y-yy
tt.«f
Superior Steel Corp*-
y
and ex-
inc.
6 Months Ended June 30—
be out¬
1942
$633,730
5,985
1943
$347,852
8,319
1944
$468,472
10,638
•
Gross
Net proceeds from the sale of the debentures will be used by the
corporation to the extent of approximately $1,500,000 for
anticipation notes, thereby making general funds available for
expansion of its consumer products business, the carrying of inven¬
tories and other corporate purposes.
If all the stock purchase war¬
rants are exercised, the corporation would receive not less than $1,250,000 and not more than $1,750,000 in cash in addition to the proceeds
of the debentures.', v;.,y' yyy. » y.... y.y xyy.'.,vv,
For the six months ended June 30,
1944, consolidated gross sales
were $16,013,637 and profit available for interest charges before income
and excess profits taxes was $1,136,666.
For the 1943 calendar year,
the respective figures were $23,871,561 and $1,697,706.
Annual interest
requirements on the funded debt, including the debentures, to
standing initially, total $109,600.
■
,
1
...
The debentures are convertible into common stock on the basis of 50
shares of common for each $1,000 debenture, or 25 shares for each $500
debenture.
For the purchase or redemption of the debentures, the
company will pay $51,250
into a sinking fund each March 25
Sept. 25, beginning in 1945.
•yyyy;
yy
y*Textron is "one of the-first integrated Companies in. the Synthetic
textile products field and performs every operation except dyeing
finishing to cloth from the processing of synthetic yarns to the manu¬
facture and sale to the retail trade of finished textile consumer goods.
Co.—Earnings—
Sunshine Mining
6
'
•
,
Offered—A group headed
Types
.
—v.
Federal tax
the
Inc.,'above.
contingencies-....
-
Providence, R. I,—
and
thereafter
20
Inc.—Proposed New Name—
Earnings for Four
profit after-charges,
Net
Fed.
13,096,694
$82,260
(& Subs.)—Earnings—
1944
profit after charges
and
.v
Marshall & Co. on
5% convertible de¬
bentures, with detachable warrants for the purchase of
common stock, at 100% and accrued interest from Sept;.
1, 1944. In addition the offering group includes: Chace,
Whiteside & Warren, Inc.; Paul H. Davis & Co.; Herrick,
Waddell & Co., Inc.; Hill, Richards & Co.; Mason, Moran
& Co., Newburger & Hano; Perrin, We^ $ Window, Inc.;
Scherck, Richter Co.; and Straus Securities Co.
The warrants entitle holders of each $1,000 debenture to purchase 40
shares of common stock at $12.50 pier share before Oct. 1, 1945; at $15
per share thereafter and prior to Oct. 1, 1946; and at $17.50 per share
Co.—Earnings—
(S.) Stroock &
> '
,
■
1944—6 Mos.—1943
12,654,156
$58,230
1773.
p.
6 Mos. End. June 30—
Net
J',"
.
6,592,459
$18,127
$30,979
158,
United Chemicals, Inc.
$0.12
of subsidiary,
interest was
by Blair & Co., Inc. and Maxwell,
Sept. 22 offered $2,000,000 15-year
become
Stokely Brothers & Co.,
See
carried
passengers
—V.
-v
1944—3 Mos.—1943
888,153
above.—V. 159, p. 1598.
M. Corporation,
Textron
.
Stokely-Van Camp,.
\
Ry.- -Earnings—
Street
profit aft. all chgs.
Net
profits taxes for the six months
in 1944, $164,703 in-1943, and
excess
$186,550
to
160. p. 53.
1942.—V.
Liquidating Distribution—
company.—V. 160,
available to the
and
income
amounted
30
.
6,454,565
cess
,
made
is
production
its
which
p.
Name—
June
Period End. June 30—
Rev.
$104,703
888,153
$0 14
May and Ju/ie profit
in
which a two-thirds
Textile Finishing Machinery Co.,
;
\
'
The stockholders on Sept. 25 will vote on a proposed agreement for
the merger of Crampton Canneries, Inc., into Stokely, which has been
approved by the directors of each corporation.
The stockholders will
also vote on a proposal to change the name of the company to StokelyVan Camp, Inc., and on the issuance of 47,580 shares of 5%
cumu¬
lative prior preference stock and 41,080 shares of its common stock
to stockholders of Crampton company.
The latter concern has made
available its facilities to Stokely for packing the 1944 season's peak
and the W. R. Roach Co. (a company in which Crampton has a sub¬
stantial stock interest) has entered into a contract with Stokely under
and Change In
of
Co.,
1943
1944.—V.. 160, p. 1233.
acquired on May 1,
Proposed Acquisition
—
part
McSweeney
&
Note—Federal
ended
Union
....
...
company's
•Includes
the
Co., Inc.
share
per
472,500
$0.80
profits
$0.52
and excess
taxes
taxes.
$119,703
15,000
.•$123,616'
472,500
472,500
$0.59
income
Federal
and
depreciation
$377,500 in
1944
$148,616
25,000
;
_
profit
Snowden
kwh. for the
160, p. 1233.
Stokely Brothers &
•;;
v'yf
1942
$378,153
share
per
•After
1943
$247,326
outstand¬
stock
of
Earnings
Co.—Earnings—
taxes..
income
Earnings
191,380,000 kwh., as compared with 197,045,000
corresponding week last year, a decrease of 2.9%.—V.
totaled
capital
ing (par $1)
contingencies.—V. 160, p. 1024.
war
-1———*
Common shares outstanding
t-
of the public utility operating companies in
Electric Co. system for the week ended Sept. 16, 1944,
output
Electric
Federal
' ■
'
t
reserve for
a
Quarter Ended June 30—
before Federal taxes
according to their holdings.
Weekly Output—
as
1944
$279,923
Ended June 30—
profit
Shares
Subsidiaries)
Net
principal amounts will
debentures of other
notes and
of
Holders
•Net
1944
charges & taxes $25,533,150
Texas Gulf Producing
V
the
the
of
Pacific Gas & Electric Co.; 18 shares of common stock of Wisconsin
Public Service Corp.; 12 shares of common stock of Oklahoma Gas &
Electric Co.; five shares of common stock of The California Oregon
Power Co.; two shares of common stock of Mountain States Power Co.;
$110 in cash, and $200 principal amount of new five-year 4% deben¬
tures of
Twin Coach Co.—Earnings—
1943
1942
$17,679,354 $15,270,746
Earns, per share on capital stock..
$2.27
$1.62
$1.40
Note—Earnings for first six months are after a charge of $3,000,000
in both 1944 and in 1943, and $7,000,000 in 1942, which has been set
has amended its amended plan for recapitalization,
Aug. 26, 1944, as follows:
For each $1,000 principal amount
or
debentures of Standard, in payment and discharge thereof,
holder thereof will receive (in lieu of the provision therefor in
amended plan)
the following:
Three shares of common stock
Company
1942.
.
6 Months
(Excluding European
earnings after
Net
-:Z.y, -:y y';Vi :'y
Electric Co.—Amendment to
Standard Gas &
si.16
Ended June 30—
6 Months
outstand'g
shares
Com.
1943"
159,
312 440
$0.53
;
(& Subs.)—Earnings—
Texas Co.
Consol. net
'
313 655
;
—
share
2258.
per
1392.
p.
in
$186,536
1943,
1941
1942
1043
$6,233,674
365,865
Net
\
.
230,201
to $910,558 in 1944
and $200,770 in 1941.
The 1944 and
iigures include provision for renegotiation of war contracts.—V,
1943
'
sales
Net
taxes for the
$1,327,242 lit*
income and excess profits
June 30 amounted
months ended
six
19~44
$5,434,990
30—
6 Months Ended June
for Federal
Note—Provision
Corp.—Earnings—
Tennessee Products
to vote at the special meeting or
thereof. The affirmative vote of a
stock of the company having voting
required with respect to the increase of the authorized
entitled to notice of and
company
1335
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
.Volume 160
United States
directors
cents
per
on
shai^
holders of record
a
Fidelity & Guaranty
-
.
#
Co.—Usual Div.—-■
20 declared the usual quarterly dividend of
the common stock, par $2, payable Oct. 16 to
On July 15. last, an extra of 25; cents Andregular quarterly of like amount were disbursed.—V. 160, p. 873.
The
25
'
160, p. 368.
Sept.
on
Sept. 30.
,
,
1336
THE COMMERCIAL & FINANCIAL CHRONICLE
United States Freight
Co.—Earnings—
6 Months Ended June 30—
i
Gross
—
Freight and operating costs
Interest, discounts, etc
,—
Net
income
Earnings
—V.
taxes
1942
30 Weeks Ended—
•
Film
257,802
228,551
83,161
80,094
58,721
share
per
138,295
429,216
136,813
$591,984
$194,500
$1.98
$0.G5
:
159, p. 2459.
miscell.
Rent
$180,689
.——-_r_
-
''
$0.62
'
incl.
rent,
admission
286,812
-—.—
profit
1943
$26,859,271 $28,344,363 $25,753,391
26,164,314
26,785,267
25,134,805
—
Depreciation
Federal
Warner Bros. Pictures, Inc. (&
1944
revenues
sales
(&
net
Of
film
•After
19,510,502
Harris,
and
settlement
of
all
other
and
expenses
"the
the
reported that the company has credited to
of $6,876,000, to adjust its books for the
claims for constructive total loss of the
Manhattan
S.S.
Washington."—V.
for
and
the
Government's requisitioning of
160,
Other
6 Mos. End. June 30—
•Net
1944
profit
Shares
stock
cap.
Subs.)—Earnings—
1943
1942
$382,585
$548,758
Prov.
385,603
385,603
$1.71
$1.50
385,603
159,
385,603
$0.99
•After depreciation, Federal and Canadian income
and
for
$9,006,271
fixed
$9,488,942
Divs,
17,517
Stores
Provision
♦Other
Corp.—Earnings—
6 Months Ended June 30—
for Federal
and
1944
income
1943
1942
$407,498
Earnings after charges but bef. tax.
$353,523
$345,869
taxes-
23,000
-V.
net
19,000
23,000
$384,498
profit
$334,523
$322,869
in
11850,000
**Net
profit
tEarnings
1942
$$594,565
$592,454
$581,784
$0.93
$1.19
$1.18
$1.16
in
1944
and
$3,155,000 in
profits
excess
taxes,
1943
for
State
income
and
Federal
income
after
deducting a post-war credit and
for renegotiation and post-war
contingencies.—V. 154, p. 2239.
a
and
reserve
notes
and
right
debentures,
Sept.
of
15,
due
stock
of
debenture.
The
the ratio
of
$100
of
debentures
held, except that stockholders
debenture
$100
a
The
rent
capital stock of record Aug. 24, 1944, have been
to subscribe to $1,750,000 10-year 4 % %' convertible
Sept. 15, 1954, at 103 % plus accrued interest from
1944, in
capital
fraction
war
the
of
the
right
debentures
to
will
be
subscribe
entitled
will
underwritten by
are
for -each
entitled
to
expire
to
Sept.
full
a
special
Cruttenden & Co.; Bankamerica
Co.;
Mackubin, Legg & Co.; Paine, Webber, Jackson & Curtis; A. G.
Edwards & Co.; Dempsey-Detmer & Co.; The First Trust Co. of
Lincoln;
Kneeland & Co.; First Securities Co, of
p.
1120.
Veeder-Root Inc.—Earnings—
•
Jan. 1,'44
'
V'
■
V
";
■■'.'ft ■■'x"-;;-- *
,
Period—
to
$1,832,515
_____
Dividends
received
Total
-
income
post-war
Provision
eral
subsidiary companies-
_
Federal
of
from
for
profits
excess
taxes
___
.,v'Comparative
Balance
Cash
;—
Notes
and
$2,550,856
$1,168,842
1,017,836
1,023,505
1,537,465
1,701,268
obligations
accounts
receivable—
970,303
Inventories
Fixed
assets
Other
1,137,185
1,816,170
assets
(net)
Investments
'.
;
in
subs,
Post-war refund of
Total
excess
1,966,244
282,078
profits tax
208,203
313,397
.—
Operating
Operating
$8,296,028
accounts payable
payable, banks—
Dividend
payable—
-
107,677
$88,225
Reserve for
Accruals
$168,919
2,000,000
reserves
taxes
Capital stock
313,397
(miscellaneous)
(net)
Net
(on
tax
benefits
of
resulting
bonds
(200,000 shares
no
_
459,730
par)
Cr72,937
2,500,000 :
701,334
surplus
2,500,000
2,443,628
105,947,
approp.
90,550
revenucs__
$354,406
(net)
deposits
notes
contracted
income
Interest
charges
Miscell.
as
1944—3 Mos.—1943
\
12 Months Ended
1944
Maintenance
for
oper.
conditions
chgs.
deferred
because
of
1,013,870
Net
for Fed.
139,955
908,562
operating
excess
profits
taxes
803,731
840,990
inc. and
863,010
662,000
826,485
revenues
$2,239,310
$2,329,745
Gross
$3,812,034
_
Interest
and
other
$2,227,357
$2,355,131
929,754
_
939,305
300,000
—
income
on
preferred
Balance
—V,
stock—
!—
$1,297,603
_
Dividends
'—
,
$1,443,462
470,015
397,188
160, p. 772.
2,891
1,050
2,365
1,453
6,650
4,580
1,735
950
Cr25,150
03,380
$15,626
$24,657
$18,063
30,195
22,473
24,567
S.
hand
on
Treasury
and
certificates
to
secure
demand
deposits. in banks, $149,996;
Indebtedness, 7/8%, due June 1. 1945
of
demand
Worumho
Manufacturing Co.—-Earnings—
Earnings for Seven Months Ended June
30, 1944
income after charges and taxes___
♦Net
•Subject to adjustment, for
900.
p.
been
$1,046,274
$169,328
contracts and renegotiation.—V.
158,
-war
-■/../
(Rudolph) Wurlitzer Co.—EarningsQuarter Ended June 30—
Net
income
Earnings
—V.
after
per
1944
charges and taxes
common
1943
$58,745
$196,745
$0.14
SO.42
share_____
159, p. 2681.
Statement of Condition of the 12 Federal
Reserve Banks Combined
(In thousands of dollars)
Assets—
Gold certificates on hand and
Treasury
Redemption fund—F.
Sep. 20, '44
Sep. 13, '44
-
'
.
R. notes—
18,246,865
476,548
264,279
Total
19,915,217
470,466
—264,495
Other cash_
Sep. 22,'43
..
.18,234,365
■
reserves
18,975,408
Discounts and advances—
Industrial loans—
18,980,610
171,867
10,030
_
129,865
:
333,542
20,378,624
115,895
;
-
Bills—
10,750,883
3,468,990
Certificates-
1,071,871 >'
1,248,426
elected
11,217
10,646,122
3,418,990
1,075,871
1,266,426
5,664,967
.
,
1,318,150
691,90Q
1,529,048
Total U. S. Govt, securities *
(incl.
a
guar. sec.)_„
16,540,170
16,407,409
9,204,065
16,722,067
16,533,224
9,236,801
-
Total loans and securities
.
Western Maryland
Effective Oct.
Due from foreign banks
Ry.—Paying Agent—
136
136
127
76,453
80,603
78,039
2,156,984
2,014,562
2,064,406
34,547
34,528
56,359
67,050
38,021,954
37,710,713
20,001,393
19,942,678
15,138,393
13,444,623
13,526,087
12,486,796
F. R. notes of other banks
1,
1944, the Manufacturers Trust Co. will act
ing agent for the first and
refunding mortgage series A 5J/2 %
—V. 160, P. 1026.
v
as
Westinghouse Electric
&
ties—
Jesse
pay¬
Uncollected items
bonds.
Bank premises
,
Total assets
Mfg. Co.—To Increase Facili¬
Defense
Plant
with
the
Commerce,
Corporation
has
on
Sept.
authorized
16
an
announced
increase
Federal Reserve notes
that
in
its
above
Deposits:
/.
Member
■
U. S.
after
1944
Income
deprec., etc._ t$l,513,039
$4,736,378
4,773,761
inc.
&
exc.
89,116
profit
prof,
taxes, etc—
46,149
23,045
1,033,800
*4,291,600
2,653,000
;
__;
$442,328
$436,012
103,200
139,400
$358,218
Reserves for post-war adjustments.
Balance
to'surplus
per
♦Includes
common
provision
_
share—
$339,128
t$2.11
548,614
1,232,285
358,940
429,640
15,661,150
14,697,335
1,642,681
1,632,376
1,584,202
9,175
9,133
7,844
37,555,516
37,245,337
"31,427,774
159,819
Total liabilities
159,649
'188,097
'
,
Capital Accounts—
$296,612
$358,218
$1.84
$2.23
for
contingencies and adjustment in prices of
while excess profits taxes are after
deducting 10%
estimated post-war refund.
tAfter provision for
adjustment in prices
on war contracts.
fBased cn 160,583
159, p. 2241.
-■
•-
,
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
188,097
26,965
Other capital accounts
contracts,
shares.—V.
369,864
1,406,259
15,902,267
deposits
699,234
352,923
Other liabs., incl. accrd. divs
$3,011,057
3,034,263
deductions
Earnings
31,857,533
1,405,487
Deferred availability items
1942
1,565,244
expenses,
1943
Treasurer—gen. acct—
Other
Total
*
bank—reserve acct—
Foreign
Weston Electrical Instrument
Corp. (& Sub.)- -Earns.
6 Months Ended June 30—
Fed,
61,001
,
Secretary of
company
to provide additional
equipment
plant in Lester, Pa., at a cost of
approximately $830,000. result¬
ing in an over-all commitment of
approximately $3,400,000The
Westinghouse company will operate .these
facilities, title remaining in
Defense Plant
Corporation.—V. 160, p. 1026.
Total
38,535
•
,
Liabilities—
Jones,
a
Profit
21,519
9,920
U. S. Govt, securities:
West Virginia Pulp &
Paper Co.—New Vice-President
has
....
(bank), $50,000; accounts pay¬
taxes, $27,900; other liabilities, $44,876; com¬
mon stock ($1
par), $433,692; capital surplus,
$481,804; earned surplus,
$385,375; unrealized appreciation in value
of marketable
securities,
$178,789," total, $1,640,169.—V. 159,. p. 2241.
Notes
Manager,
prepaid
...
payable
.
J.
Bailey, General Traffic
Vice-President.—V. 160. p. 1121,
:
$25,000;
$10,830;
total, $1,640,169.
note
^
William
i
Sheet, June 30, 1944
Bonds
war
.
15827,588
2,514
553
34,599
Liabilities—Demand
able, $37,733; accrued
877,641
911,669
deductions
"
Net
1,792
income
note payable per
contra),
dividends and interest
receivable, $6,250; accounts
receivable,
marketable securities,
at quoted market
values, $1,447,178;
expenses, $616; fixed assets. $299;
$3,874,940
78,287
$261,742
1,011
~20~500
income
(hypothecated
622,518
Net
income
-
$314,153
25,386
income
$23,357
$21,059
State
Assets—Cash
U,
$2,997,299
Other
Drll,953
Other
$32,321
Balance
657,040
taxes.
$'19,171
of
Dividends
war
—
Depreciation
General
Prov.
1943
105,226
_____
Prov.
Net
50,597
622,518
at
$13,954,322 $13,420,674
8,184,364
7,800,708
.
941
$24,070
sales
—
$3,824,343
$2,574,779
1944—6 Mos.—1943
July 31—
11,258
$22,416
Other assets—
Subs.)—Earnings—
revenues—
10,292
$28,788
taxes
discount
Divs. applic. to preferred stock for the
period..
160. p. 1026.
contract
Operation
on
Adjust, of income taxes
to amount
applic. to
net profit
for
45,387
—V.
the
Operating
'
to
$235,866
*
Washington Gas Light Co. (&
payable
$3,766,697
-
.
Balance
$33,674
10,816
secure
11.
95,974
$39,079
$19,171
;
$21,593
r
$26,776
$37,362
$33,734
ordinary taxes, interest, depreciation and
depletion, but before
•After
Federal taxes.—V.
159, p. 1902.
Wisconsin
1944—12 Mos—1943
Virginia Iron Coal & Coke
Co.—EarningsPeriod End. June 30—
•Net profit
to
$850,000;
2,595
reservations....
51
$29,987
10,272
deductions
prior and
of May 27, 1944),
...
$357,716
7,042
-$24,070
_____________
due from U. S.
$311,558
■
1941
$26,581,
/
11
$34,342
profit
Other
preferred
3,310
»w
1,983,627
$7,981,752
12,353
Fed. capital stock taxes
Federal income taxes
701,334
$8,296,028
159, p. 2569.
$26,726
3,940
securities
$1,042,478 $13,012,170 $12,452,986
401,690
5,250,863
5,069,047
128,632
1,687,202
1,295,191
109,642
1,218,795
1.169,751
90,956
1,088,613
1.094,654
.
50,946
res.
Other income
493,132
Cr205,744
1942
$26,035
469
3,533
Net
3944
$2,500,000
1944—Month—1943
$1,061,579
oper.
Gross
1943
$33,872
interest
Balance
l
in
expenses
1943, and represents
secur.
Gen. & admin, expenses
film
mortgages, long-term
$480,371;
therefrom,
and
existing at Dec. 31,
secur.
market,
market,
investments
sales
9t
Total
«^V.
assets
taxes
107,677
455,188
___,
Capital surplus—
Earned
fixed
100,000
contingencies
and
Accrued
—
receivable,
revenues
ret,
$7,981,752
2,000,000
_____—
Notes
$537,813;
(Including
taxes
Other
Liabilities—
Current
Sheet, May 27,
miscellaneous
payable
on
$3.01
Total income
Balance
accounts
purchase
held
Prop,
268,548
208,203
(cost)
1942,
to
Washington Water Power Co. (&
Sub.)—Earnings-
Federal
Aug. 13,'44 Aug. 15,'43
,
Govt,
$194,552
Sheet
Assets—
S.
300,000
$238,563
—
charged
stock of subsidiary
treasury, $218,319; remittances from foreign sub¬
sidiaries, held in abeyance, $290,622; miscellaneous deferred
credits,
$598,160; reserve for contingencies,
$2,583,173; interest of minority
stockholders in subsidiary
companies, $298,842; capital stock (par $5),
$19,006,723; capital surplus, $57,371,956; earned
surplus, $26,967,291;
total. $192,533,150.—V, 160, p. 232.
107,677
of
of
$130,000 and post-war
deducting $960,000 debt retirement and
§Or. 3,701,090 shares of common stock.
liOn
Period End. July 31—
—
$466,778 in
properties
$494,552
200,000
________
Surplus
TJ.
114,162
from
companies
1,221,896
$438,5G3
surplus.——I———;".
losses
estimated
arising
$1,824,125
1,279,790
>
—
Dividends
less
(net;./'.
credit)—-
1943.
subsequent to May 27, 1944, but not consummated
5,840
$1,832,515
—
unrealized
$1,818,285
.
contingencies in amount of Fed¬
profits tax post-war credit
excess
Balance,
and
—
Jan. 1,'43
' * to
\ Aug. 13,'44 Aug. 15,'43
w
Earnings of parent corp. before Federal income
and excess profits taxes——
$436,961 In
banks), $2,530,000; accounts payable, $2,897,781; amounts withheld and
collected
for
Federal
Government,
$3,101,421;
accrued
liabilities,
$5,070,575; reserve for Federal Income taxes (less U, S.
Treasury tax
notes of $10,754,304),
$12,860,577; funded debt and other contractual
obligations maturing within one year (less
$30,000 bonds held in
treasury), $2,679,137; owing to affiliated
companies, $51,658; royalties
and
participations payable, $1,711,690; advance payments for
film,
deposits, etc., $491,747; current liabilities of subsidiaries
operating in
foreign territories (including bank loans of
$2,125,804 guaranteed by
Warner Bros. Pictures, Inc.),
$6,773,828; notes payable to banks, ma¬
turing after one year, $10,000,000; 4% serial
debentures, $8,000,000;
other bond issues and
mortgages maturing after one year (less $747,000
bonds held in
treasury), $27,363,026; purchase money and contractual
obligations, maturing serially after one year, $816,624; reserve for
a
$100
that
Income Account, Six Months Ended
June 30
Total
1944.
Co*—Quarterly Report—
$1.12
XAfter
$737,423;
$0.52
1944, the net asset value per share of stock outstand¬
the
Liabilities—Notes
24.
Chicago.—V. 160,
191,764
533.150.
shares
purchase
purchase
on
25
with
on
on
Other
prior to or subsequent to May 27, 1944, but not con¬
that date, less estimated tax benefits
resulting therefrom.
etc.,
of
232,200
$0.57
Increase of 14.3%.
Int.
.
(including 100,254
company's common stock carried at $1), $282,949; post¬
refund of excess profits
tax, $1,400,000; prepaid taxes, insurance,
and other
expenses, $2,451,881; goodwill, $8,405,081; total. $192,-
shares
Utah Radio Products Co.—Debentures Offered—
Holders
$4,433,445
287,646
$1.37
$1.46
appropriated for purchase of property,
contracts,
offered
287,011
respect of studio
debt retirement
for
$5,371,875
owned
on
1943
$145,522.
;
properties, at cost (less reserves for depreciation of
$44,038,811),
$48,660,856;
leaseholds,
buildings
and
equipment
on
leased properties, at cost (less reserves for
depreciation and amortiza¬
tion
or
$11,833,053), $9,862,757; U. S. Government bonds, at cost,
charges, State and Federal income taxes.
tOn 500,000 shares
capital stock ($1 par).
$ After charges, provision of $1,833,510 In
1944
$160,418
1944
contracted
ment
•After
of
$5,714,392
$1.36
1941
credit
& Gas Co.).
281.008
______
Assets—Cash, $13,127,204; U, S. Government bonds, at cost or re¬
demption value, $2,885,494; accounts and notes
receivable, $1,998,066;
inventories, $36,918,917; current and working assets of subsidiaries
operating in foreign territories, $5,532,440; investments in affiliated
companies, $4,880,519; land, at cost, $54,371,379; buildings and
equip¬
1941
$$465,840
share—
per
compares
1,058,000
——
______
$40,000 post-war refund.
summated at
Universal-Cyclops Steel Corp.—Earnings—
1943
—
4,100,000
of June 30.
:
Consolidated
1944
______
an
$1,120,000.
Wilcox Oil
taxes—
ing was $3.44 computed, as
usual, on the basis of current prices for
security holdings plus brokerage on the
same.
The asset value of $3.44
losses
$426,372 in
tAfter
of
159, p. 2459.
6 Mos. End. June 30—
4,500,000
share
than
$515,116
costs.
refund
sales
Estimated
261,707
114,200,000 fll,GOO,000
$5,048,951
per
Co.—Earnings—
Wisconsin Investment
As
excess": '
pfd. stock
^Earnings
United
24,737
on
profit
on
$1.28
Earnings per share
—V. 160, p. 873.
Divs.
Net
profits
298,525
1489.
outstanding
$5,508,962
17,067
15,814
'
$1.42
••
excess
$383,479
taxes.
548,607
assets.
unreal,
1,122,832
$1.19
(Formerly H.-F.
$4,960,355
482,671
fixed assets.
on
2239.
p.
of
losses
Fed.-income and
profits taxes
out¬
standing ($10 par)
Earnings per share
taxes,—V.
for net
sales
1941
$658,323
$579,905 /
Prov.
1,013,174
298,558
6 Months Ended June 30—Net profit after
charges and
Common shares
914,000
$20,376,472 $21,839,130'
_______
1,506,311
share.
Wilcox Oil
-
609,664
749,180
Minority interest
United States Playing Card Co. (&
p.
159.
1943
.
$8,565,615
sharesj
per
—V.
2,393,710
1,225,000
$19,627,292 $21,229,466
income
Total income
of
Earnings
3,385,294
——
,
title to the
232,
p.
11,771
contingencies
Profit
amount
company's
S.8.
for
3,448,497
2,228,645
1,867,896
1944
1,367,743
income and excess
profits
•
3,395,289
Subs.)—
$8,695,387
taxes
profit
Number
19.539,066
45,417,047
50,913,833
(&
$354,568
before
3,122,981
20,967,978
54,769,947
3,391,233
1,673,556
8,233
Interest expense
Miscell, expenses—.
estimated
16,244,257
deprec. of
property
Prov.
President,
capital surplus
aftd
interest
3,178.819
$24,705,314 $26,504,422 $15,908,413 $11,653,359
-
♦Amort,
income.
on
3,315,699
61,623,550
;
$685,000
depreciation,
taxes
Basil
costs—
royal., etc.
-
Federal
3,665,712
$105,839,366 $97,518,625 $87,790,224 $76,609,472
Profit
1944
profit
Profit
Federal
;
income
Amort.
Subs.)—Earnings—
Earnings for Six Months Ended June 30,
•Estimated
and
and
Net
Gross
White Dental Manufacturing Co.
Earnings—
6 Months Ended June 30—
Net sales
royalties
*
States Lines Co.
(S. S.)
•
May 31,'41
____$102,173,654 $94,202,926 $84,611,405 $73,486,491
tenants
Costs, exps.,
United
Subs.)—Earnings—
May 29,'43 May 30,'42
theater
income
from
May 27, *44
Monday, September 25, 1944
•
Total liabilities & cap. accts._
Ratio of total
res.
38,021,954
Commitments
trial loans
to
make
indus-
26,829
92,570
37,710,713
31,857,533
J
52.9%
.
160,411
26,965
90,665
-
91,557
to deposit &
F. R. note liabilities coihbined
149,949
.
'
.
53.3%
68.3%
4,042
11,789
1
3,871
Volume
119912564
' »'
Month
Of United States
Railroads For The Month Of April
Gross And Net Earnings
earnings of United States railroads for
Gross
month a
operating costs as the ratio of expenses
earnings in April, 1944, was 67.02%, which compares with 66.17%
March, 1944, and with 59.05% in April, 1943.
The peak figures for
to
in
attained in August, 1943, when the gross
figures were $800,232,157 and the net figures were $332,944,921.
Gross earnings in April, 1944, were $759,534,145, as compared
in April this year were
Net earnings
We
decrease of $56,090,631, or 18.30%.
620,973 in April last year, a
the
compared .with
results for the month of April this year
month a year ago:
same
Incr. (+) or Deer.
Amount
1943
1944
April—
of
Month
earnings
Gross
229,096
$748,738,925
Operating
of
Ratio
expenses
expenses
to
+
442,117,952
(59.05%)
+
'
I:it':'.: >•
y\.4
earnings
Net
■■
When the roads are
+
66,885,851
—18.30
856,090,631
$306,620,973
8250,530,342
.
1.44
+15.13
810,795,220
■'
■
- •
(—)
% < *
395
—
228,701
8759,534,145
%. 509,003,803
earnings
(67.02';*)
'
Mileage of 132 roads.....
.
arranged in groups or geographical
11199923378245687
divisions,
region, registered a loss.
Great Lakes
In the case of the net earn¬
region show losses. The largest decrease
is in the "Great Lakes region where * the loss is 31.25% and the
-smallest - decrease of 9.03% is shown by the Northwestern region.
ings all districts and every
previously explained, we
grdup the roads to conform to the
classification ofthe Interstate
Commerce Commission. The bound¬
and regions are indicated in the foot¬
As
aries of the different groups
notes to the table.
SUMMARY
.
GROUPS- -MONTH OP APRIL
BY
Gross Earnings
V
District and Region
1944
Eastern District—.
:
+
.
S
,(23 roads)
Eastern region (18 roads)..
Central
$
119,453,819
_
123,651,442
<
36,703
+
4,197,623
—
+
—
151,214,870
149,597,967
+
1,616,903
+
300,348,721
—
2,544,017
—
297,804,704
1.08
_
Southern District—
4*
0.40
+
899,206
+
2.49
+
1,347,925
+
0.92
+
36,042,210
147,840,710
_
0.85
448,719
110.450,575
146,492,785
110,899,294
_
roads)——.
Total .(30
;
36,941,416
(26 roads)
Pocahontas region (4 roads)
region
Southern
.
/
•
•
241,090,842
—
5,663,289
+
8.00
3,418,675
+
2.11
76,405,856
70,742,567
165,607,534
162,188,859
+
71,875,341
68,965,993
+
2,909,348
+
4.22
313,888,731
301,897,419
+
11,991,312
+
3.97
759,534,145
.
+
748,738,925 +
:
>
241,547
1.41
247,701
245,170
3,394,464
—
Administrator, announced on
8 that the Social Security
begin to pay off the
ity
Aug.
237,512.643
+
50,941,052
+
21.45
246.615
245.773
288,740,653
+
37,819,634
+
13.10
248.723
248,120
next
319,274,981
+
50,134,914
+
15.70
233,884
231,755
4.85
232,708
233,251
monthly insurance benefit in force
+
3.11
221,725
220,918
+
7.72
220,340
219,743
3.67
234.955
234,338
+ 25.39
234,970
235,839
9.24
235,963
235,665
0.36
236,664
236,045
5.46
236,518
236,526
0.29
238,183
237.187
239,852
238,904
ily benefits have been payable for
240.956
240,816
only 4
242,375
242,181
242,632
242,574
401,604.695
432,106,647
12,117,424
31,075,286
+
415,808,970
474,094,758
522,336,874
474,287,768
—
498,448.309
472,629,820
+
497,212,491
498,677,065
....
—
105,578.442
—
472,591,665
.....
15,866,410
—
521,387,412
...
1119992328543005478—
+
402,281,913
416,240,237
+
389,487,271
433,357,199
___
17,986,895
+
370,710,999
388.697,894
48,242,116
—
1,696,103
—
25,818,489
+
1,464,574
—
—
24,437,149
4.91
—
day
security in America," Administra¬
tor McNutt said that monthly fam¬
—
474,784,902
+
63,195,964
—12.30
450,457,319
81,461,009
—18.08
267,473,938
369,123,100
101,649,162
—27.54
241,976
241,992
thousands
227,300,543
.
497,865,380
—15.02
enabled
.....
8.07
1
...
*
—
241,680
+
18.02
+
3.45
239,109
237,995
241,113
9,147,757
274,144,735
38,763,402
+
14.14
237,028
238,208
312,822,778
350,792,144
38,136,014
+
12.19
267,685,764
13,827,645
+
281,513,409
320,891,874
39,250,678
+
that
242,160
40,456,313
265,037,296
312,908,137
350,958,792
267,741,177
281,513,409
320,764,087
374,304,613
572.530,962
748,797,529
759,534,145
,
40,180,139
224,565,926
274,185,053
...
267,480,682
265,022,239
...
239,129
otherwise
234,739
233,547
13.94
232,924
232,250
52.97
232,951
198,226,346
231,500
232,227
+
176,268,447
+
30.79
229,403
231,499
10,795,220
+
1.44
228,701
229,096
Increase (
%
,
$50,787,440
+
811,593,087
+
66,725,896
62,409,630
+
4,316,266
+
6.92
1911...
64,768,090
66,709,729
1912
57,960,871
63,888,490
60.122,205
58,082,236
+
59,398,711
60,024,235
—
67,515,544
59,266,322
+
8,249,222
+
13.92
93,092,395
67,396,538
+
25,695,857
+
38.13
93,318,041
93,257,886
+
60,155
+
0.06
89,982,415
91,678,695
—
44,850,096
89.943,898
1913—L
+
.....
114,685,151
23,040,083
+
+
■■■'■
38,240,343
+ 47.57
21,294,242
—17.32
—
+
1927
114,417,892
-Ji
110,907,453
1928—
—
110,884,575
+
107,123,770
141,939,648
—
79,144,653
103,030,623
—
56,263,320
79,185,676
r.:r—
52,585.047
56,261,840
136,821,660
_____
—
+
40.09
5.53
+ 11.43
774,126
—
0.68
2.56
2,910,862
25,937,085
+ 23.39
34,815,878
—24.53
23,885,970
—23.18
22,922,356
—28.95
—
3,676,793
51,640,515
65,305,735
65,252,005
78,326,373
65,214,202
89,529,494.
48,713,813
54,422,823
89,532,796
48.717,237
.+
6.54
+ 26.36
13,612,958
65,253,473
;
5,705,586
+
53,730
+
0.08
+
13,112,171
+
20.11
'•
1936—..—
2995.82
+
11,764,296
—
113,818,315
»
+
5,389,790
+
102,920,855
113,643,766
1.85
—
47,592,111
55,795,762
97,471,685
102,861,475
1,696,280
+
•
122,974,961
1926—
625,524
—106.43
—
1,862,451
118,627,158
101,680,719
....
1.04
—50.14
57,474,860
80^386,815
3.51
—
45,093,802
—
44,716,664
80,514,943
9.28
—
..'+
2,039,869
■
*2,875,447 v
57,658,213
2.91
—
1,941,639
5,927,619
'!
11,202,672
+ 14.30
40.818,983
+
78,326,822
—45.59
+
ministrator
lump-sum benefits under the pro¬
have amounted to more than
$65,000,000. These lump-sum benefits have been paid to survivors
in the
cases
of 450,000 insured
workers who died without leaving
gram
54,422,823
+
21,204,832
monthly benefits.
Mr. McNutt stated:
"Minimum basic
sured
+
24,812,082
+ 32.78
205,791,498
306,649,824
100,023,867
+
105,767,631
1943—.
205,790,570
+
100,859,254
1944.
250,530,342
306,620,973
1942
—
56,090,631
*
+
105.74
+
■
49.01
—
18.30
security is
as-
through Federal old-age ami
survivors insurance for millions of
whose
families
American
bread¬
winners work in private
industry
or commerce. Sixty-seven million
workers
have
already
earned
credits
counting towards benefits
system. Many of them,
under the
may
qualify
never
benefits,
for
because of failure to
long enough in jobs covered
by the law to become 'insured.'
however,
work
"It is unfortunate that all work¬
+ 38.96
75.696,337
immediately entitled to
In his remarks,
anyone
11.71
75,627,655
100,508,419
:j
$220,000,000 a year, the Ad¬
said.
In
addition,
than
22.83
—
Monthly benefits under
old-age and survivors insurance
are being paid at a rate of more
$62,380,527
.—
might have been
mothers."
+) or
Decrease (—)
Preceding
;
em¬
monthly insurance
homes under the care of their own
-Net Earnings-
"
security
basic
payments.
234,372
+
Year Given
_
been
These families, which
scat¬
tered, have been enabled to re¬
main together, giving children the
chance to grow up in their own
236,389
572,529,082
748,738,925
()f
have
destitution be¬
escape
in the
bodied
233,928
+ 16.65
„
families
the
233,555
374,304,616
April
to
of
cause
and 7 months, but
period "hundreds of
of
236,093
+
Year'
this
5.17
53,412,739
+
years
in
—23.68
83,050,967
,
Calling the event a "momentous
occasion in the history of social
513,733,181
+
millionth
one
Old-Age and Sur¬
vivors Insurance.-
473,428,231
38.291,124
its
on
under Federal
513,076.026
450,537,217
369,106,310
1941.
Western District—
236,515
243,513
—
~
McNutt, Federal Secur¬
Board would
1940—..—
t
240,740
3,48
8,517,270
Paul V.
288,453,700
1932_
Total (51 roads)
+ 10.95
24.188,770
+
—
Month
3.40
233,057
+
220.981.373
1944...
0.14
236.722
4,538.251
369,409,895
11994020345
1967
%■
$
27,099,312
27,136.015
England region (10 roads)
New
Gieat Lakes region
Inc. (+) or Dec. (—
1943
2.10
*
233,082
+
245,048,870
,
Security Program
223,794
236,693
—
236,531,600
Urges Wider
326,560,287
1939...
•
224.625
228,973
3.32
7,514,070
237,696,378
1931..
West¬
ern Districts, as well as all of the regions in these districts, record
gains in gross, while the Eastern District, due to the falling off in the
216.140,214
221,755
+ 12.52
+ 14.63
$21,921,500
28,831,397
—
245.170,143
____
1930...
it is seen that the Southern and
according to their location,
+
226,002,657
220,678,465
...
1923..
give in tabular form the
now
as
$10,795,220, or 1.44%.
$250,530,342 as against $306,-
$748,738,925 in April, 1943, an increase of
with
+
197,024,777
218.488.587
1913.
and net earnings were
gross
1119992280745
6
225,856,174
McNutt
Preced'g
Given
(—)
Dec.
Preceding
Yearj
Year
Inc..(+ ) or
,•
$196,993,104 $175,071,604
____
—Mileage—
Earnings-
Year
Year
Given
1910______.
due mostly to higher
year ago
f
1909—
the month of April
preceding month and the corresponding
lower than in the
-Gross
■
/
7':V
■
April
March, 1944, and April, 1943. Net earnings were
lower than in
are
of
1337
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
160
cannot become insured.
ers
Some
20,000,000 persons earn their liv¬
ing in employment that is ex¬
cluded
thus
and
unable
are
to
•Delicit.
.
(131 roads)
all districts
Total
10,795,220 + 1.44
Net Earnings
District and Region
?
Eastern
1944 ■;/. 1943
6,593 y:: 6,599
region. 25,589!<
25,700
region. 23,934
24,028
region.'
Lakes
Great
Central East,
ii—56,116 ^ 56,327
Total
*
$
District—'
England
New
■
■
—
42,054,030
—
2,084,101 —19.83
15,183,639 —31.25
9,223,236 —17.99
83,888,174
110,379,150
—
26,490,976 —24.01
"
50,240,883
17,521,152
—
—
7,099,517 —14.13
1,958,773 —11.19
■
37,382
6,002
Eouthern
-
43,384
Total
37,416
6,019
43,435: *
$
Incr. (+) or Dec. (—)
$
%
10,511,977
48,589,907
51,277,266
8,427,876
33,406,268
Southern District—^
region
Pocahontas region.
,1943
1944
Mileage
.
43.141,366
15,562,379
'58,703,745
—
67,762,035
9,058,290 —13.37
—
28,618
region.
Southwestern
45,404
55,151
28,779
2,368.428
26,224,758
70,436,107
31,818,923
23,856,330
55,367,072
28,7)5,021
—
9.03
15,069,035 —21.40
3,103,902
—
9.76
129,201
''
'
v
107,938,423
229,096
250,530,342
grouping
128,479,788
—
30G,620,973
20,541,365 —15.99
—
56,090,631 —18.30
classification of the Interstate
the confines of the different
the roads conforms to the
and the following indicates
of
Commission,
and regions:
,
,
,
the New England States.
Great Lakes Region—Comprises the section on the Canadian boundary between New
England and the westerly shore of Lake Michigan to Chicago, and north of a line
from Chicago via Pittsburgh to New York.
Region—Comprises the section south of the Great Lakes Region east
cf a line from Chicago through Peoria to St. Louis and the Mississippi River to the
couth of the Ohio River, and north of the Ohio River to Parkersburg. W. Va.. and a
nine thence to the southwestern corner of Maryland and by the Potomac River to its
Central Eastern
......
Louisiana
Region—Comprises the section east of the Mississippi River and south
River to a point near Kenova, W. Va., and a line thence following the
boundary of Kentucky and the southern boundary of Virginia to the Atlantic.
the Ohio
Pocahontas
ginia, east of
a
line from
Potomac
Region—Comprises the section north of the
Northwestern
by the
states
in
the
lying west of the
Chicago to Omaha and thence to Portland,
Northwestern Region
north of a line
Mexican boundary
Western Region—Comprises the section south of the
west of a line from Chicago to Peoria and thence to St. Louis, and
Irom St. Louis to Kansas City and thence to El Paso and by the
to the Pacific.
Region—Comprises the section lying between (he Mississippi
south of St. Louis and a line from St. Louis to Kansas City and thence to El
and by the Rio Grande to the Gulf of Mexico.
Southwestern
conclusion, we now
clusive:
and net earnings of the railroads of the
present year in comparison with each year back to
•/.
-
J
'•
River
Paso,
furnish in the table which follows a sum¬
of the gross
for the
:
V
_____....
••
country
1909 in¬
bales
48,182
supply
the
crops
of
for the
of 1943 and
earn
120,545
60,115
and
survivors
351,654
58,661
3,225
3,521
58,913
705,124
12,505
235
2,934
v 40,781
397,611
1,335
the
of
crop
season
of
>
ginned prior to Aug,
194*
•
1 which was
1943-44, compared witji 107,053
and 48,626
have enabled millions of workers
to
credits towards old-age
the
After
of American-Egyp¬
also included are no bales
for 1942. The ginning
round bales has been discontinued since 1941.
The statistics for 1944 in this report are subject to revision when
928 for 1943, and 56 for 1942;
tian for 1944,
of Sea-Island for
to
1944, none for 1943, and 54
.
against the individual returns
of the ginners being trans¬
The revised total of cotton
mitted by mail.
Aug. 16 is 164,563 bales.
ginned this season prior
consumed during the month
31,
was
8,245,641
United States
uncovered
old-age
Nutt added:
establishments on July
1,873,187 bales, and in public storages and at compresses
bales. The number of active consuming cotton spindles for
22,289,904.
*
:
interest of national defense, the Department of Commerce
In the
discontinued until further
cerning imports
notice the publication of statistics con¬
and exports.
of war conditions
for the time
being.
but
system,
benefits.
never
may
If
we
take
paid
get
any
action
and extend old-age and
insurance to all workers,
f
now
survivors
they can
keep on building rights to bene¬
fits
kind
the
after
the
If
of
regardless ol
war,
work
they
action
take
we
farms
on
do
now,
and
in
then.
many
other
covered
employment would
be able to earn benefit rights, an
-
.
be possible for
older workers already 65 or near
now
might
that
age.
it
will
war
ers
If
ease
never
we
the
take action now*
burden
of
post¬
adjustment for many work¬
who lose out in the competi¬
tion
peace
with
younger
people
for
time jobs.
Statistics
of social security
and the difficulties in obtaining de¬
such data are being omitted from this report
v?,
a just system
until all work-
matter what their employ¬
ment, are covered by this pro¬
gram. That must be our next step
in social security legislation."
ers, no
Because
have
will
"We will not have
World
pendable world statistics
workers
contributions under this insurance
of July, 1944, amounted to opportunity which if not granted
Cotton on hand in consuming
the month was
has
these
emplpyrriept. Their
and survivors:-insurance
protection
will
decrease while
they work in nopr<covered jobs
and may lapse entirely. Mr. Mc¬
to
non
—
benefits.
of
many
probably'Wifl;;shift back
workers
workers
>
Consumption and Stocks
Cotton
insurance
war
1942.
this report include no bales
w
employment
covered
into
go
"These
724,167 bales.
Region—Comprises the section adjoining Canada
Region, north of a line, frpm
Columbia River to the Pacific.
and
154,826
214,137
.
3,435
6),676
200,771
1,064
—
The statistics in
of
opportu¬
employment
nities, Administrator McNutt said,
: 2,180
_
Carolina
other
W. Va., and south
and thence by the
DISTRICT
Central
mary
......
......
Carolina
southern boundary of Vir¬
Kentucky and the Ohio River north to Parkersburg,
Parkersburg to the southwestern corner of Maryland
mouth.
Great Lakes
In
__
River to its
WESTERN
ted
——_
........
checked
SOUTHERN DISTRICT
Southern
eastern
Missouri
of
Wartime
1942
739,005
49,088
2,952
4,748
39,286
—.
—
Georgia
bales
included)
63,205
—
Florida
All
working on farms are
excluded;
domestic workers in
private homes are excluded;Vs©
are
the self-employed, the erifw <
ployees of non-profit religious,
educational, and humane organi¬
zations, and the employees >d of
Federal, State, county and local
government."
94.031
States
Alabama
South
mil-
Twelve
benefits.
lion persons
1943
1,785,245
157,626
116,745
6,969
1944
*5 76.142
39,810
6,758
3,866
7
State—
United
:VV;\; ;/,/■
ttouth.
......
1, 1944, and
in 1943 and 1942:
(Running bales—linters not
counted
England Region—Comprises
New
'
ginned from the growth of 1944 prior to Sept.
comparative statistics to the corresponding date
"Includes
EASTERN DISTRICT
compiled from the in¬
ginners shows as follows the number of bales
Texas
Commerce
croups
129,334
'"""" '"""
i.toY
N<>te-r-Our
cf
of cotton
8,
Sept.
issued on
report
census
dividual returns of the
North
districts.228,701
Total- all
cf
The
Mississippi
i
Total
Crop of f 944 Prior To Sept. I
Cotton Ginned from
Arkansas
region. 45,621
region 14,962
West,
Central
rights to retirement or
up
survivors
GINNINGS
Western District—
Northwestern
build
-
THE COMMERCIAL & FINANCIAL CHRONICLE
1338
Monday, September 25, 1944
State and City Department
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Los
To
Andalusia, Ala.
Offered
Bonds
—The
Investment
for
Ingen & Co., Inc., A. B. Morrison
Co., Cohu & Torrey, Corrigan &
Angeles, Calif.
$33,000,000 Dewaps
&
Refund
Co. and the Ranson-Davidson Co.,
The bond houses, it was said,
Department of Water and
sealed
consider
will
Power
Inc.
bids
—Watkins, Morrow & Co. of Bir¬
provement
bonds
being
are
ad¬
Georgia will have
vised by the city that pursuant to
the
plan
of
composition,
con¬
firmed
by
the
which
District most immediately.
Federal
on or about Oct. 17 for the pur¬
guaranteed the city a bid of par Court on April 7, 1944, the city
mingham, are offering for public chase of
approximately $33,000,- on the bonds, sale of which will will refund the above described
subscription $310,000 3xh% elec¬ 000
bonds in an aggregate principal
refunding bonds, proceeds of be made prior to Dec. 15 next.
tric system revenue bonds.
De¬ which will be used in the
amount
redemp¬
equal to the aggregate
Florida (State of)
nomination $1,000. Dated Sept. 1,
tion of a similar amount of out¬
principal of the bonds, plus an
County Directed to Levy Debt
1944. Due on Sept. 1 in 1945 to
amount equal to 25% of the inter¬
standing 4s of 1935 and 3%s and Interest Tax—The
State Board of
1969. Principal and interest (M-S)
est accrued and unpaid on such
3^8 of 1938.
Administration issued an order on
payable at the Central Hanover
principal (including interest after
Los Angeles County, Lakewood
Bank & Trust Co., New York, or
Sept.
12
directing the
Orange
maturity on past due principal) to
School District (P. O. Los
County Commission to levy a 1at the Merchants National Bank
and including July 1, 1942.
mill property tax for payment of
in Mobile.
Angeles), Calif.
Bonds to be exchanged for prin¬
Bond Sale—The issue of $180,- road and bridge debt interest next
Huntsville, Ala.
cipal are designated "Refunding
000 school bonds offered Aug. 29 year.,
Bond Call—It is stated by N. M.
It was the first time since the bonds of 1942," are dated July 1,
—v.
160, p. 874—was awarded to
Board
Payne, City Clerk and Treasurer,
was
given control over 1942, denominations ; $1,000 and
Blyth & Co. and the William R.
that the city is calling for pay¬
Staats Co., both of Los Angeles, county road and bridge debts in $500, bear interest at the rate of
ment on Feb. 1, 1945, at the Chase
1941 that a county has been re¬ 1% for the first five years from
jointly, as 2s, at a price of 100.77
the date of the bonds, 2% for the
National Bank,New York, all of
a
basis of about 1.92%.
Dated quired to levy a local tax to meet
its outstanding $102,000 refunding
the
debt
service
requirements. succeeding five years, 2V2% for
July 1, 1944 and due on July 1
public improvement bonds, dated from 1946 to 1960 incl.
Governor Holland said he knew the succeeding five years, 3 % %
Second
for the succeeding five years, and
Feb. 1, 1935.
high bid of 100.15 for 2s was made of no other county that would
purpose this year.
Ozark School District,
Napa, Calif.
Ark.
Bonds
$51,500 refunding bonds has
approved by the State Board
been
of Education.
CALIFORNIA
California (State of)
Sinking Fund Offering — Earl
W.
dispatch from Napa.
news
COLORADO
Employees' Retirement Sys¬
tem, will receive sealed bids until
a.m.
chase
Sept. 28 for the
on
of
13
blocks
of
California
Warrant
municipal bonds aggregating $2,988,500.
Approval
Aid
Urged
Bonds—We
follows
from
peared
in
for
quote in
an
item
the Los
Treasurer
ment
Veterans'
—
issued
a
The
County
for
call
ap¬
Angeles "Ex¬
ballot
election
No.
in
i.
in
the
favor
.
of
November
to
purchase
homes
V
before April
or
enlisted
in
and
this
Bond
Sale
Administration
said
the
county's
and
that
the
bridge obligations and
county's bonds
were
surplus of
funds due to
a
this act.
t,:«*.?■•
"The state's experience of more
than 20 years demonstrates the
financial soundness of this
meas¬
000
series
bonds
15,
p.
sold
coupon
by
the
city
Sept.
Scranton
& Co., New Haven,
Wood, Struthers & Co., New
and
ure.
Bond
issues voted by the
people in 1922,1926, 1930 and 1934
made
$80,000,000
available
for
like use by veterans of World War
I.
in
City, jointly;
as
0.75s, at
a
price of 100.029, a basis of about
0.745%. Dated Sept.
due
15, 1944 and
15, as follows: $44,000
$43,000 from 1947 to
Sept.
1946 and
of/tbP/P#iount loaned them
Frostproof, Fla.
Creditors
ing
on
On
are
Refunding
advised that
Plan—
hear¬
a
the city's petition for
con¬
firmation
and approval of a debt
composition plan will be held at
2 p.m. on Dec. 5, before the United
Southern
Court
District
for
of
the
Florida,
Tampa division.
Notes
of the Court
setting
on
Creditors
all
noti¬
are
before ten
or
proofs of claim
claims and interest
sworn
forth
creditors of the town
as
of Los Angeles has
issue of $1,000,000
purchased
tax
notes
an
at
0.29% interest, plus a premium of
$1.65. Due Dec. 31, 1944.
Long Beach, Calif.
$1,600,000 Bridge Bond Election
Urged — A proposal by Council¬
man
Francis R. Crawford to place
Estabrook
&
Co.
&
&
Co.
Co.
First
and
Barr
Bros.
0.80%
Nat'l Bank
Premium
of
$616.92
Chic.
0.90%
Harris Trust & Sav. Bank
0.90%
1,203.00
0.90%
1%
151.32
Union
B.
Corp. and
Ingen & Co.
Stuart & Co
Van
Halsey,
Chemical
Co.,
1,281.00
Secur.
J.
Co.
,
Bank
&
1,121.32
Trust
Keane,
and
curities
Taylor &
Equitable Se¬
Corp.
on
1,090.00
Creditors
who
have
y
a
or
sent in
.
preparation recently.
with
The bond issue would pay for a
$381,000 Willow St. bridge and a
for the
if
the
county
fails to make payment of
$197,344
in full settlement of liens
totaling
$246,680, according to report. The
certificates
issued in 19251926 for paving purposes. In a re¬
cent decision the Florida
Supreme
Court held
certificates
ris
Signs Refunding Contract—The
city has entered into a contract
geles River.
action
were
the
county liable for
as
a
result
of
an
ac¬
brought by Stranahan, Har¬
Co., Inc.
The court may
grant a rehearing in this instance,
FLORIDA
post-war bridges was referred by
the City Council to City Manager
Samuel E. Vickers for study and
$1,200,000 structure at Long Beach
Blvd., both crossing the Los An¬
court
,
Coral
a
Gables. Fla.
group of investment houses
refunding of $4,366,000 of
outstanding indebtedness, accord¬
ing to report. The membership of
the
group was given as follows:
John Nuveen & Co., B. J. Van
•'
•
•
"
:
.
<i-v
1
•/•
t
I.
i
'
it
&
was
000
are
stated. An estimated
in
$700,-
unredeemed paving liens
reported to be outstanding in
the county.
high-ji
as-'
are
the next 12 months.
IDAHO
,
'V V
'
v
-.Wr V. V.V
■■■
•"''■.J
Idaho (State of)
Attorney
General
School
Bond
school
district
issue
may
Issues
q
Rules
—
board
An
of
on
Idaho
trustees
bonds for payment
warrant indebtedness incurred
,
o%
by
the district after March 11,
1933,
only if district taxpayers vote fa¬
vorably in an election. ; ; ;
,»
Attorney General Bert H, Miln,
ler so ruled in an opinion
request^
ed by A. H. Chatburn, State Su¬
perintendent of Public Instruc¬
tion.
Miller said
the
act
author--*
izing bond issues without such
<
an
ILLINOIS
Trust
Company
beginning Sept. 20, 1944, for a pe¬
of 18 months, and all bonds
mittal Which may be procured
from Mr. John F. Partridge, Sec¬
retary of Broward County Bond¬
holders' Association, 135 South La
Salle
Street, Chicago, 111.
GEORGIA
•
About
Building Fund, 1943, Nos. BB-4186, dated Feb. 2, 1943.
Playground Fund, 1943, Nos. P-
291
to
P-318, dated
19, 1943. ^
March
$65,000,000—Ac¬
cording to reports ^released re¬
cently by the Georgia Agricultural
and
Industrial
Development
Board, through Dr. L. V. Howard,
Jan.
27
and
Free Text Book Fund. 1943, Nos.
„
T-542 to
T-593, dated Jan. 27 and
March 19,41943.; im
Holders :pf the above described
warrants were
required to present
of Education,
City of Chicago, Room 356, 228
North LaSalle Street,-on or before
Sept. 14, 1944, in order that same
them
the
to
be
Board
verified
computed
Post-War Construction Projects
Cost
■
3724 to
could
Georgia (State of)
To
Fund, 1943, Nos. EE-2798, dated Sept. 1 and *
Oct. 1, 1943.
ex¬
change must be accompanied by a
properly executed letter of trans¬
-
Educational
2604 to
Chicago,
of
.
six
All exchanges of bonds and in¬
terest claims will be made by the
Continental Illinois National Bank
the
plan are not required to file
further proof of claim.
Specific attention is directed to
provision in the plan providing
the j
and
sisting in the program, which is,
expected to be completed within'
•
such receipts shall be void
months after Sept. 20, 1944.
accepted
any
Agency
and education also
ways
receipts
Chicago, III.
shall be transferrable by assign¬
School Warrants Called—J. B.
ment and may be exchanged in
McCahey, President of the Board
amounts equal to
or
exceeding of
Education, called for payment
$1,000, $500 and $100 respectively, on
Sept. 15, 1944, the following
for refunding interest bond but all
warrants:
».
which
quest.
tion
a $1,600,000 bond issue on the bal¬
lot this November to pay for two
in
forms
approximately $125,000 in paving
1%
thereof,
which will be furnished upon re¬
take
Int. Rate
Putnam
interest
and interest claims sent in for
.
Bidder
accrued
and
Awarded—The
issue:
Works
State departments of health,
act.
of
plan,
any
own
Holders
riod
with
and
their
paid and are callable on any in¬
terest payment date upon 30 days'
notice and mature July 1, 1962.
and the
*
Note Sale—The California Bank
formulate
election was passed by the State
Legislature during a financial de¬
pression, and he expressed belief
the legislature meant the law to
apply only to indebtedness in¬
curred prior to the passage of the
and consider the petition
together
works;
counties
programs.
The
Civil
Aeronautics Administration,
the
the first 10 years from the date of
the bonds and 2% thereafter until
and
that all claims not filed
1954 inclusive.
to
assisting
Federal
nominations $1,000, $500 and $100,
bear interest at the rate of 1 % for
amount
reclassification
for exchange under the plan by
city also
April 1, 1945, shall be forever
has been, ^ppaid to the state and sold on
Sept. 15 an issue of $200,barred from participating in the
the state's ibpnds retired. The re¬ 000
notes, the successful bidder
mainder will be paid from the being the Bessemer Trust Co. of plan of composition and shall be
forever barred as claims against,
same source and the bonds
fully, Jersey City, at 0.38%, at par.
the Town of Frostproof.
retired in another 12 years—all' Dated
Sept. 15, 1944 and due Sept.
without
any
drain
upon
state 15, 1945. Other bids: Chemical
Hillsborough County (P. O.
funds because the law requires all Bank & Trust
Co., 0.42%, plus $11;
Tampa), Fla.
•
administration
Trust
&
expenses
to
be Harris
Savings Bank,
Paving Lien Holders Demand
borne by the veterans purchasing
0.44%, plus $11; Halsey, Stuart & Payment — The
County Commis¬
homes or farms."
Co., 0.50%, plus $22.
sioners have been advised by V.
The following were the unsuc¬ H.
Fresno County (P. O. Fresno),
Osborn, trustee for holders of
cessful bids for the $388,000 bond
paving certificates, that he' will
Calif.
half
is
building
upon 30 days' notice and mature
July 1, 1972. Bonds to be ex¬
changed for interest are also des¬
ignated
"Refunding
Bonds % of
1942," are dated July 1, 1942, de¬
into second-class securities unless
with
lowed by law.
on
State board's public
cities
4% thereafter until paid, are call¬
able on any interest payment date
the interest could be met.
fied to file
as previously noted in v. 160,
1236—were awarded to Charles
W.
York
Nineteen, tfipusand of them ac¬
quired farmland homes.
Over
F
The
panel
amounts less than $400 shall be is¬
sued
receipts
for
25%
of the
threatened
days
$388,refunding prior to the hearing with the clerk
Details—The
.
$$,500,000 in state
the
had
objections thereto filed
by creditors within the "time al¬
Bridgeport, Conn.
state
h^ye .enjoyed this privilege and
show
what
answers or
CONNECTICUT
■
records today
increasing
above
At that time the Court will hear
,;"Since 1921, World War I vet¬
who
load
been proposed.
Members of the State Board of
29, 1944.
School District No. 25, Co. Gen¬
eral—All Warrants registered.
farms under State loans.
erans
without
tax
States ..District
School District No. 16, Co. Gen¬
eral—All Warrants registered on
v
"That is the proposed $30,000,000 bond issue to give all Cali¬
fornia World War II veterans the
right
before March 31, 1943.
or
Proposition
.
total
Hearing
Sept. 7:
School District No. 7, Co. Gen¬
"Every California voter should eral—All Warrants
registered on
a
Rolph
county officials
pay¬
School District No. 2, SpecialAll Warrants, registered on or be¬
fore June 14, 1944.
aminer" of
cast
budget
Sept. 1, 1944, of the fol¬
on
other
said they thought the mill would
be added by
rearranging their
lowing:
part as
which
Call
Commisisoner
and
road
Crowley County School Districts
(P. O. Ordway), Colo.
pur¬
Davis
share of the gasoline tax receipts
would be insufficient to meet all
Chapman, Executive Secretary
State
11
County
Sold—A
$75,000 issue of
water supply bonds was awarded
on Sept. 7 to the American Trust
Co. of San Francisco, at an aver¬
age
interest cost of 1.11%, the
highest of six bids received for
the issue, which matures over a
15-year period, according to a
Refunding Approved—An issue
of
have to levy a local tax for the
by Weeden & Co.
ARKANSAS
tremendous
projects upon
can
start al-*,
a
of post-war
construction
reserve
so
drawn
the
on
and
that
interest
cash
>
warrants
City Treasurer
can
be issued in payment thereof.
Court
Orders
Placed
was
in
Transit
Lines
Bankruptcy—An
issued
"
order
Sept. 18 by Federal
Judge M. L. Igoe, removing the
Director, the State is Chicago surface lines from
equity
planning a large block of post¬ receivership and placing
th^m in
war
construction proj ects which
bankruptcy. Judge Igoe appointed
would aggregate over $65,000,000. a
joint board of management and
Hospitals, sanitation facilities, air¬ operation empowered to authorize
on
,
Executive
ports,
parks
tional
facilities
and
other
recrea¬
are?included
in
sale of the lines, and John E. Sul¬
livan was selected Chairman of
the
plans, according to Dr. How^ the Board.
who said the largest single
East St. Louis, III.
group
are
hospitals
and
other
ard,
health
facilities,
which total
269
City Faces Financial Difficulties
estimated cost of $30,000,000.
Parks
and
other 5 recreational
—The East St. Louis "Journal" of
facilities total 223
lows
at
an
projects with
estimated cost of
more
an
than $8,-
000,000.
Sept.
8
reported in part as folT
on
the
predicament curJ;
rently besetting the city's finance
officers:
•
l.
*
4
The figures do not include local
school buildings or qther educa¬
tional
facilities,
plied
at
estimates
tion
the
for
which
which, are sup¬
local - level,
nor
highway construc¬
run
into
Georgia has to
the millions.
its ^credit with
City of East St. Louis, witfi
only $12,864 left out of a January
special cash working fund bond
issue of $400,000, is facing three
months of financial
conceded
was
Comn^ssioner
difficulties, it
by
today
Joe
W.
Finance
Ganschir
the Federal Public Roads Admin¬
nietz.
istration
"It looks like we are in trouble
and something will have to be
done about it," Ganschinietz said.
"We will have something worked
out by next week. Apparently we
will not get the 1943 tax books be¬
more
than
$7,000,000 of
unused Federal-aid funds, the re¬
port stated, terming this the third
largest amount credited to any
State.
\;■';■ /::.■'
•;.
Dr. Howard said
the
post-war
that, although
construction
pro¬
Pomvano, Fla.
gram is not complete because of
Refunding Terms Announced— the absence of
figures for cities
Holders of jail bonds,
improve¬ and counties, enough information
ment bonds
and
municipal im¬ has been collected to indicate
,
The
;;
t
.
fore November and
amounts
from
due before
i\
I
no
substantial
licenses
are
January."
bodies throughout the
will be an estimated six
Taxing
county
city
*
Tax
June.
ormally available in
Water
f
fund
to
a
at
Dec.
July 1, 1927.
the general fund,
total of $387,136
W
■
:
*
$50,000 Mississippi, State of, 514%
General
Obligation
bonds.
Dated Dec. 1,
Lot
working cash $160,000 Hillsborough Co., Fla.,
First Boston Corp., at 108.877
4% N. E. Tampa Special Road
und to other funds since January,
Mississippi,
State - of,
and Bridge District Ref. bonds $200,000
hen the $400,000 was obtained
314%
Highway,
1st Series
of 1941. Dated July 1, 1941.
hrough issuance of bonds at the
bonds.
Dated Feb. 8, 1938.
'nterest rate of 2.75%.
Lot No. 15 (Not Sold)
ransferred from the
cash working fund $100,000
the
; When
Hillsborough Co., Fla.,
5% Highway bonds.
Dated
eliminate
July 1, 1922.
issuance of tax anticipation warLot No. 16 ~
ants that draw 4% interest and
John Nuveen & Co. and Associates,
must be retired annually, leaving
:^v;v
at 114.77
the
city always with a deficit.
Hillsborough Co., Fla.,
The idea of issuing cash working $123,000
5V2%
East
Tampa
Special
fund bonds was to reduce the in¬
Road and Bridge District No.
terest rate on borrowed money
2 Highway bonds. Dated Jan.
and spread repayment of the bonds
1, 1925.
over a period of years to give the
Lot No. 17
city necessary funds without con¬
Council mem¬
bonds were issued,
that this would
bers said
tinual borrowing.
$100,000 Huntsville, Ala., 4% Pub¬
lic Imp. Refunding Series P-l
bonds. Dated April 1, 1939.
Investment De¬
partment, reports that $4,730,000
of the grand aggregate of $6,046,000 various municipals offered by
.simmons, Manager
Association on
the
sold
Sept. 14 were
Also listed
awarded.
Maturity schedules on the vari¬
ous
bonds were given in v. 160,
10 lots not
the
are
1122.
p.
$200,000
at
and Associates,
System
4% Water¬
Improvement
bonds.
Series
B
Feb. 1, 1938.
Dated
Dated
at
J., 4%
bonds.
1, 1935.
and Asso¬
J., 4%
^
.
General
Refunding Registered bonds.
Dated July 1, 1935.
Bank, Nashville,
Associates, at 109.573
Commerce Union
and
Funding
Serial
Buchanan
5%%
bonds.
•
County, Va.,
Road Improvement
Dated June. 1, 1923.
4
•
March 1, 1937.
Bank, Char-
lottesvilie,'at 123.15
Lot No. 23
•
Va.,
County,
Buchanan
$30,000
Johnson
City,
Tenn.,
4V2% Waterworks Refunding
Series
1937
bonds.
Dated
$150,000
Lot; NO. 4
Peoples National
'
at 114.873
Road and Bridge
Lot No. 5
1939.
Securities Corp.,
Burlington, N.
Street
Dated
Improvement
Aug. 1, 1938.
C., 5%
bonds.
John Nuveen & Co. and
at 113.20
10,
Refunding, Series
bonds.
Dated July 1,
Lot No. 6
Space & Co., Inc.,
at 129.85
•
$(30,pOO Cherokee Co., S. C., 5%
".'
School District No. 10 bonds.
.
Jpated April 1, 1923.
hr.-.'Z
Lot No. 7
:
& Co., Inc.,
B. J. Van Ingen
;
,
and Associates,
J.
B.
$66,000 Columbus
5%
Jan.
Highway
1, 1927.
Lot No. 9
;
County, N. C.,
Dated
bonds.
No.
2,
bonds.
1937.
'
;;;
at 115.06
Lot No. io
Boettcher & Co.,
$86,000 Duval Co., Tex., 5V2% Spe:
cial Road, Series 1924, bonds.
Dated June 2, 1924.
Lot No. 11
John Nuveen &
at
,
$100,000
4%
Co. and
120.38
Associates,
Escambia County, Fla.,
School Dis¬
Special Tax
trict No. 16
1, 1937.
bonds. Dated July
,
•"
r
Lot No. 12
A. M.
$124,000
Little
Rock,
Kidder & Co.,
at 130.13
(Not Sold)
1, 1940.
Lot No. 44
Shields
&
Co., at
105.967
$295,000 South Carolina, State of,
4*4% State Highway Certifi¬
Indebtedness.
Lot No. 45
Dated
-
(Not Sold)
$48,000 Starr County, Texas, 514%
Road bonds.
Dated Aug. 1,
1922.
Ark.,
bonds.
4%
Dated
Sale
Bond
on
ceases
—
Ind.
$75,000
The
provement bonds offered Sept. 19
160, p. 1236—were awarded
to the First National Bank of Chi¬
Is, at a price of 100.28, a
Dated July
basis of about 0.86%.
$18,000
1 and
1946 and 1947; $10,000
1, 1944 and due as follows:
July 1, 1945; $9,000 Jan.
July
1
in
Jan.
1
and
$11,000
Second high bid of
was
issuance of
MASSACHUSETTS
im¬
—v.
July 1, *1948.
100.061 for Is
Stuart & Co.
Holyoke, Mass.
Steady Debt Reduction
bonded
Dec. I,' the Holyoke
Association noted re¬
cently in,, calling attention to the
fact that this city boasts the low¬
est per capita debt of any city in
$284,000
IOWA
I
Massachusetts.
Sept. 12 the voters authorized an
issue of $60,000 airport bonds.
past bond is¬
up, including
$199,000 bond floated 20 years
This
three
year
were
sues
the
election on
Bonds Voted—At an
on
Taxpayers
the
Clarinda, Iowa
Reported
direct municipal
indebtedness
drops
to
—Holyoke's
made by Halsey,
cleaned
to pay for Holyoke's
Memorial Bridge in
field.
This
has
been
share of
one
Spring¬
of the
city's sore spots that finally healed
last Friday with the last payment
of $9,000.
This case went tol'f}ie
election Legislature and the courts back
in the early 1920s and Holyoke
on Oct. 9 the voters will be asked
lost and was compelled to pay
to
approve an issue of $10,000
$199,000 for the bridge.
hospital bonds.
On April 1, a 20-year $75,000
Bond
Election—At
Statesville, N. C.,
4%%
an
Indianola, Iowa
cleaned up with
and on Nov. 1,
five-year municipal relief loan
issue of $80,000
amounting to
$100,000 will be
ing bonds.
eliminated with a $20,000 payment.
This will clear up the relief loans
Iowa (State of)
floated by former Maydr'Yoerg.
Propose Revision of Local Sta¬
At the close of 1943! the! Holyoke
tutes— Complete revision of the
debt was $369,000 afgainst $472,000
laws
under which Iowa towns
at the end of 1942.
— A'
>
and cities operate was advocated
at a meeting Sept. 13, of the legis¬
Southbridge, Mass.
lative committee of the Iowa Mu¬
Bond Sale—An issue of $75,000
nicipal Accounting Officers Asso¬ airport construction bonds was
ciation.
awarded Sept. 21 to Lee HigginPhil Minner, of Council Bluffs, son Corp., as 0.75s, at a price of
chairman of the committee, an¬ 100.514, a basis of about 0.579%.
Bonds Voted—At an
election on
authorized an
memorial build¬
Sept. 18 the voters
bridge loan was
a
$3,000 payment,
a
.
nounced
islature
Peoples National Bank, Char¬
lottesville, at 125.26
$60,000
Interest
date.
Bond Election—The
$60,000 jail bonds will be submit¬
date ted to the voters at an election
scheduled for Oct. 18.
after redemption
and
after
the meeting plans
in the State Leg¬
for introduction
Lot No. 46
Stubbs,
coupons
on
bonds.
would
the Governor
year
of
a
Due
serially in five years.
Second
100.411 for 0.75s was
made by Kidder, Peabody & Co.
Bonds are dated Oct. 1, 1944 and
seven-member mature
$15,000 on Oct. 1 from 1945
bill which
authorize appointment by
next
high bid of
a
commission to conduct a
two-year
to 1949
incl.
Dated study looking toward "complete
MICHIGAN
Dec. 1, 1938.
revision, clarification and recodi¬
Lot No. 28
fication of all laws pertaining to
Lot No. 47 (Not Sold)
Allen Park, Mich.
Chase National Bank of New York,
municipal government."
$100,000 Sumter County, Fla., 4%
Bond Offering—Stanley H. Burat 137.548
Such a measure was approved
Road and Bridge Ref., Issue
bank, Village Clerk, will receive
$255,000 "'Los Angeles, Calif., 4%
of 1940 bonds.
Dated July 1, by the House during the last ses¬ sealed bids until 8 p.m. (EWT) on
Metropolitan Water District
sion of the Legislature, but died
1940.
of So. Calif., Col. River Re¬
Sept. 26 for the purchase of $466,in the State Senate.
Lot No. 48 (Not Sold)
funding bonds. Dated Aug. 1,
An, addition
approved by the 500 3% coupon refunding bonds of
1937.
1944.
Dated Aug. 1, 1944.
In¬
$132,000 Volusia County, Fla., 4%
municipal
g r 0 u p's
committee
Deland-Lake
Helen 1 Special
would
empower
the
proposed terest M-N. Dated Aug. 1, 1944.
Road
and
Bridge
District,
Denom. $1,000, one for $500.
♦Correct
description
of
this
Due
commission to include in its study
Road and Bridge Refunding.
Nov. 1, as follows: $11,500 in 1945,
item is "Metropolitan Water Dis¬
the problem of municipal reve¬
Series 1939 bonds. Dated July
trict of Southern California."
$10,000 in 1946 to 1948, $15,000 in
nues to meet increased activities.
1, 1939.
1949 to 1952, $20,000 in 1953 to
Lot No. 29
Mr.
Minner
said many new
Lot No. 49
1959, $25,000 in 1960 to 1962, and
John Nuveen & Co. and Associates,
responsibilities have been placed
Dempsey-Tegeler & Co.,. at 132.57
at 127.28
$30,000 in 1963 to 1967. Optional
on towns and cities without a cor¬
$100,000 Waco, Texas, 414% Water
as follows: Bonds maturing in 1963
$55,000 Marion County, Fla., 5%
Improvement bonds.
Dated responding increase in revenue to on and after Nov. 1, 1953; bonds
Ref.
Road, Series E bonds.
meet the costs.
Real estate is
Feb.
Refunding
General
Dated May 1,
Lot No. 43
$416,000 Sarasota County, Fla., 4%
Road and Bridge Refunding,
Issue of 1940 bonds.
Dated
Lot No. 27
Water Revenue
(Not Sold)
bonds.
May 1, 1926.
Whiting, Weeks &
at 132.03
(Not Sold)
Jan.' 1, 1935.
Charles, La., 4%%
Public * Improvement
Dated
.
/
"
Lot No. 42
Oct.
all
with
offering of $3,-
Lake Charles, La.
said bonds
attached that
tion, upon surrender of
mature
an
Ida Grove, Iowa
121.27
$54,000 Port of Palm Beach Dist.,
Fla., 514% Refunding, Series
A bonds.
Dated July 1, 1937.
cates of
White, Hattier & Sanford,
at 134.03
$91,000 Lake
$120,000 Dade County, Fla., 4%
Special Tax School District
-
Lot No. 26
N. C.,
& Co., Inc.,
Associates, at 128.722
and Associates,
122.08
at
$73,000 Lake Co., Fla., 4% Road
& Bridge, Ref., Series
1939
bonds.
Dated July 1, 1939.
Van Ingen
and
.
-
bonds.
Lot No. 8
:
1939
1939.
Lot No. 25
John Nuveen & Co.
at 121.24
$34,000 Columbus County,
4%% School Building
Dated May 1, 1928.
Associates,
$73,000 Lake Co., Fla., 4% Spec.
Road & Bridge District No.
Johnson, Lane,
;
at
and Associates,
$279,000 Pinellas County, Fla., 4%
Road & Bridge Ref. of 1939
bonds.
Dated Oct. 1, 1939.
Lot No. 24
at 109.576
$111,000
District No.
9, Road and Bridge Ref., Se¬
ries 1939 bonds. Dated July 1,
1923.^ &&
1,
Equitable
John Nuveen & Co.
School District
Rouge
with
shortly
ago
County,. Ala., 6%
Funding bonds. Dated Jan. 1.
Lot No. 41
4% Spec.
LOUISIANA
Baton
East
131.88
$50,000..Pike
(Not Sold)
$100,000 Lake Co., Fla.,
Dated Dec.
5%% Road bonds.
at
general election.
vember
000,000 construction
cago, as
I Lot No. 40
Equitable Securities Corp.,
of
principal amount thereof, plus ac¬
crued interest, to date of redemp¬
the
Whiting School City,
Lot No. 39
issue
An
(P. O. Baton Rouge), La.
To Offer $3,000,000 Bonds—The
district
will
enter the market
at
128.21
$10,000 Orange County, Fla., 5%
Special Tax School Dist. No.
1,
School
Building
bonds.
Dated Feb. 1, 1926.
—
Clerk-Treasurer's office, or
La Salle National Bank,
Chicago, at par, plus additional
interest in the amount of 6% of the
City
-
$16,000
at the
called
date
called.
Lot No. 21 (Not Sold)
$74,000 Bristol, Tenn., 4% Water¬
John Nuveen & Co. and Associates,
works bonds of 1935, Series S. $86,000 Jersey City, N. J., 5%%
at 132.91
—
General Improvement bonds.
?• • Dated Oct. 1, 1935.
$185,000 Orange Co., Fla., 5*/2%
Dated Sept 1/1921.^^
Special Tax School Dist. No.
Lot No. 3
Lot No. 22
1,
School
Building bonds.
Peoples National Bank, CharDated July 1, 1921.
Equitable Securities Corp.,
lottesvilie, at 111.70
•
after
and
and Associates,
John Nuveen & Co.
i
City, N.
Jersey
129.03
$50,000 Orange County, Fla., 4%
Refunding, Series A bonds.
Dated Sept. 15, 1936.
!
$178,000
on
Co., Inc.,
Election
Bond
$50,000 airport bonds will be con¬
sidered by the voters at the No¬
April
1962. Said bonds will be paid
1,
Lot No. 38
& NWeeks
bond fund,
Lamed, Kan.
1942 and maturing
May 1,
& Co. and Asso¬
Stuart &
Nov.
on
$20,000 2%% electric utility reve¬
nue bonds, Nos. 266 to 285, dated
April 1, 1931.
Ilalsey,
KANSAS
City
calls . for pay¬
1, 1944, from the
electric utility revenue
4% Permanent Improv. bonds.
ciates, at 112.84
Lot No. 2
and
B
Lot No. 20
Hornblower
ment
Ala., $100,000 North Carolina, State of,
123.04
Revenue,
•
B. J. Van Ingen
1922.
Refunding
Dated June
Dated
1, 1940.
A. E. Lewis,
—
Clerk-Treasurer,
Lot No. 37
City, N.
Jersey
General
$100,000 Abilene, Tex.,
works
for Transit Unification.
ciates, at 111,39
Lot No. 1
John Nuveen & Co.
Corporate Stock
3%
and Asso¬
Weeks
&
Bond Call
113.037
City, N. Y.,
(Bojjds)
York
New
$635,000
Lot No. 19
Ilornblower
$35,000
bonds
sewer revenue
tion bonds.
ciates, at 148.21
Dated April 1,
bonds.
Oelwein, Iowa
Sale Details—The
Bond
Lebanon, Ind.
Lot No. 36
6% Road and Building Ser.
ing 100.50 for 114s.
Dated
Lot No. 35
,
County,
Jefferson
bonds.
Funding
C. J. Devine & Co., at
at 105.213
$175,000
port bonds offered Sept. 19, pay¬
3%%
$27,797)
(Not
Feb. 1, 1935.
Salomon Bros. & Hutzler,
shown below.
as
rial
June
Lot No. 18
Shaw, McDermott
purchased as
bonds pur¬
chased by J. P. Brenner & Co., 214s, at 100.05, by Paine, Webber,
Jackson & Curtis, and Wheelock
Chicago, as previously noted in v.
& Cummins, of Des Moines, in
160, p. 1236—were issued to fund
judgments and were sold at a joint account—v. 160, p. 1236—
Lot No. 33
price of 102.127, a basis of about mature Sept. 1, as follows: $2,000
Equitable Securities Corp.,
3.55%.
Dated June 1, 1944.
One in 1945 and $3,000 from 1946 to
at 136.295
1956 inclusive.
bond for $500, others $1,000 each.
$100,000
Montgomery
County, Due Dec. 1, as follows: $3,000 from
Sioux City, Iowa
Ala., 4.40% Road Refunding 1954 to 1960 incl. and $2,500 in
Plans Bond Issues — The City
bonds.
Dated April 1, 1935.
1961.
Principal and interest (J- Council will meet Oct. 3 for the
D) payable at the First National
Lot No. 34
purpose* of instituting proceedings
Bank, Waukegan.
: '
for the issuance of $75,000 bridge
Smith, Barney & Co., at 109.635
bonds and $50,000 flood protec¬
$100,000 Newark, N. J., 3%% Se¬
INDIANA
at 125.36
Newman Brown & Co.,
of America
(Rock Island), III.
Bonds
Awarded—J. M.
FitzModern Woodmen
V
122.14
$23,500
Sale Details—The
Bond
Lot No. 32
—
Sparks of Des Moines were suc¬
cessful bidders for the $35,000 air¬
Zion, III.
(Not Sold)
14
No.
Jefferson, Iowa
Sale
Bond
$50,000 Waco, Texas, 5% Refund¬
ing bonds. Dated Jan. 1, 1921.
1931.
revenue
new
found, he assert¬
&
Securities Co., at
Channer
Co., at 111.159
Shields &
5%
Dated
must be
ed.
Lot No. 51
;
Lot No. 31
C.,
Bonds.
sources
July 1, 1929.
1, 1931.
131.89
N.
Henderson,
Waterworks
the working
from
makes
his
lottesville,
authorized transfer
$33,662.04
ash
Lot No. 13
Peoples National Bank, Char¬
the $75,000
August payroll,
To meet the
ouncil today
Dated Jan. 2, 1931.
bonds.
delayed this year
ecause
of
installation of the
leveland scientific plan of real
state assessment valuations.
ooks have been
and
overtaxed
"Co,, at 132.57
$40,000 Mississippi, State of, 5V2% $12,000 Waco, Texas, 4%% Water
Improvements bonds.
Dated
Banking Dept. bonds.
Dated
Dempsey-Tegeler &
Co., at 111.159
Shields &
Extension
System
Lot No. 50
Lot No. 30
Mich., 4%%
taxes $95,000 Hamtramck,
receiving
in
late
onths
1339
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4319
160
olume
Sanitary Sewer bonds.
1, 1936.
1
Dated Feb.
1, 1938.
July 1, 1928.
1340
THE COMMERCIAL & FINANCIAL CHRONICLE
.
maturing
v
'
'
'
-
'
'
•
1
•.
*
-
"
.
^
and after Principal
and
interest
will
be purchaser. Any bid offered is sub¬
maturing in payable at the National Bank of ject to the following.exception:
Detroit.
The
bonds
will
be The enactment, at any time sub¬
1, 1949;
bonds maturing in 1966 on and awarded to the bidder whose bid sequent to the submission and ac¬
after Nov. 1, 1947, and bonds ma¬ produces the lowest net interest ceptance of the bid and
prior to
turing in 1966 on and after Nov. cost to the City after deducting the delivery of the bonds, of Fed¬
1, 1945. Rate of interest to be in the premium offered, if any.
In eral legislation which in terms,
multiples of % of 1%. The bonds determining the net interest cost, by the repeal
or
omisison
of
will be general obligations of the interest on premium will not be exemptions
or
otherwise,
sub¬
Village, which is authorized and considered as deductible and in¬ jects to a Federal income tax the
required by law to levy upon all terest on bonds will be computed interest on bonds of a class or
the taxable property therein such from Sept. 25, 1944 to their re¬ character Vwhich
involves these
ad valorem taxes as may be nec¬ spective maturity dates.
No pro¬ bonds, will, at the election of the
.Nov.
in
1964
1,
1951;
on
1965
and
on
posal for less than all of the bonds
to pay the bonds and the
essary
interest thereon
as
the
shall
same
at
or
price less than
a
par,
will be
Bids shall be con¬
due, without limitation as considered.
to rate or amount.
the
upon
unqualified
Principal and ditioned
interest will be payable at the Na¬ opinion of Claude H. Stevens, of
tional Bank of Detroit. The bonds Berrv & Stevens, of Detroit, ap¬
will be awarded to the bidder proving the legality of the bonds.
whose bid produces the lowest in¬ The cost of legal opinion and of
terest cost to the Village after de¬ the printing of the bonds will be
In the event
ducting the premium offered, if paid by the City.
that prior to the delivery of the
any.r In determining the net in¬
the income received by
terest cost, interest on premium bonds,
will not be considered as deduc¬ private holders from bonds of the
become
tible and interest
computed from Sept. 26, 1944 to
the first optional redemption date
each callable
bond, and to the
.maturity date on each non-call¬
able bond.
No proposal for less
than all of the bonds or at a price
less than par, will be considered.
Bids shall be conditioned upon the
unqualified opinion of purchaser's
attorneys, approving the legality
of the bonds.
The cost of legal
opinion shall be paid by the purChaser and the cost of the printing
of the bonds will be paid by the
Village. In the event that prior to
the delivery of the bonds, the in¬
come received by private holders
from, bonds of the same type and
character shall be taxable by the
terms of any Federal income tax
law hereafter adopted
by Con¬
gress, the successful bidder may,
at his election, be relieved of his
obligation under the contract to
purchase said bonds and, in such
case, the deposit accompanying his
on
bid
will
Enclose
returned.
be
a
certified check for $9,300, payable
to the Village.
v;/.:;
Bessemer Township School District
"(P. O. Bessemer), Mich. ^
Note Offering — Edwin Smith,
•
type and character shall be
same
bonds will be
on
taxable by the terms of any Fed¬
eral
income
tax
law
hereafter
case,
companying
his
relieve
the
turned.
for
Enclose
panied
by
for 2%
County (P.
able
Mich.
Bond
Board
Call—It
of
sioners
that
":i
is
County
-'v;
stated
by the
Commis¬
Road
certain
provement
Pontiac),
highway im¬
bonds
aggregating
$334,000 are being called for pay¬
ment on Nov. 1, at par and ac¬
crued interest. •" All of said
bonds
payable at the; Detroit Trust
are
<
Gladys
E.
Louis
cation,
native
bid
will
also
be
jV|
for
Oct.
15, 1955.
Clearing House Association
1.10s, paying a price of 100.014,
basis
of -aboiit
1, 1944.
dt
to
Dated
$1,000.
nom.
interest coupon
system
revenue
De-
Interest J-J.
July 1, as follows: $2,000
in 1948, $3,000 in 1949 to
1951,
$4,000 in 1952 to 1957, and $5,000
will
be
est coupon
Nov.
All of said bonds
1,
refunding bonds. Dated
1944.
000. Due
Denomination
$196,000
The Board of Estimate and Tax¬
tion
bids until
3 for the
multiples pf Vsth of 1%, and
be
10:30
exceed
6%
In
the
case
of
multiples of %.
more
interest
inverse
payment
numerical
dates, in
order, at the
value thereof and accrued in¬
par
terest
together
with
a
premium
each bond redeemed of 3%
on
its
par
value
plus
Vs
each year or fraction
of
1%
of
for
thereof in¬
interest
,
/v "
published notice,
or
on
auc¬
Oct.
purchase of $300,000 not
of
one
a.m.
coupon
interest is
The
to
■
total premium on any bond
exceed 5% of its par value.
Said
bonds are to be issued pursuant
to the provisions of Act No. 94 of
the Public Acts of 1933, as amend¬
ed, and Ordinance No. 44, adopted
for
same
all
of
Principal and interest
the
pay¬
able
at
bank
doing business in the State
they will be
payable
sum
Oct.
on
of $1,500
1,
will
paid.
are
The bonds,
amortization
serial,
or
will be redeemable in full
interest
issue.
for
date
payment
after five
Enclose
$500,
on
from
any
and
from the date of
years
certified
a
payable
to
check
the
above
Clerk.
national
some
or
State
Sale—The
due Dec.
tional
issue
of $200,-
Bond
Advisement—The minutes of the
Sept.
11 meeting of the Local
Government Board,
constituting
the
>
Funding
tained the
fiscal
check
for
bid for.
2%
a
of the
certi-,
bonds
each
be
or
issue, rate
expressed in
l/10th of 1%.
bonds
pay
accrued
interest
on
said
con¬
on
above
the
com¬
bell, Phelps & Co. appeared be¬
fore the Commission to discuss the
proposed refunding plan of the
Borough of May wood. This plan
provides for the issuance of two
of
bonds
of
in
the
$292,000.
aggregate
Both
to
Bank
ize the tax
rate, produce a more
Boston, orderly debt service calendar, andl
of
First
National* Bank
at
of
the
be
0.44%.
The
rate
refunded
to
■
time
same
maturing
4%
and
rid
get
$7,000
varies
to
to
The
saving when the plan is
VNEW JERSEY
an
bonds
from
better.
of
year
a
the
on
3.20%'
overall
consum¬
mated will be
Belleville, N. J.
approximately $14,Maywood officials ex¬
plained the importance of getting
*
000.
Approval
Pending
on
Note
Funding—The following report is
taken
from
the
minutes
of
rid
meeting of the Local
Government Board at Trenton:
Williams
and
proval
next several years and
bond
town.
completing
plan which vyould provide for
an
orderly) tax :rate for the next
a
Town
few years;
10
kochi/..•
Mr. Rich stated that he had re¬
ceived assents from the holders of
<
all of
thei-bonds of Series A, and
except for: the bonds-held by the
Teachers' Pension Fund, has as¬
the
to
of
the extended
maturities,
stabilizing the debt service for the
the
Sept., 11
Mayor
The
funding of certain
anticipation notes of the
Mayor Williams stated that
these
v
refunding bonds sold
as
on
previously noted in
v.
Sept. 7,
160, p.
son,
the
First
National
Bank
of
general
Bond
provisions
Act
Chicago,
at
price of par, the
bonds to bear 3% interest for the
a
able
Nov,; 1, 1949, or any in¬
terest payment date thereafter at
par and accrued interest to date of
on
call.
Louis.
'
of
the
relied
were
maturities would
run
for
a
•
t
bonds:
Local
upon,
Whereas, the Borough of Ridge¬
field, County of Bergen, has by
the
much
resolution
;v/K-.r:
longer period.
and
the
a
very
bonds
P. L.
of
fine interest rate
would
be
duly adopted in, the
prescribed by Chapter 240,
1940, requested the approval
manner
Mayor Williams stated that the
plan which he had in mind should
;
Memphis, and John Nuveen & Co., produce
Principal and interest pay¬
able at the Irving Trust,
Co., New
pay the City $2 per bond to ap¬
York;
Legality approved by
ply on the expense o£ the City in
Charles > &
Trauernicht;
of
St.
issuing and transporting the bonds
to
the
munity;
vp
Acting Mayor Hogan, Collector
Hartley and Mr. Rich of Camp¬
0.429%; First Boston Corp., issue
0.43%; E. H. Rollins & Sons, 1982.
.
both
required
to
of
sents to exchange on 54 out of 55
obligations could be funded bonds of the second series.' After
under the general provisions of
MISSISSIPPI
discussion, it was regularly moved;
the Bond Act, but if he could se¬
seconded and carried that the
plan
Greenville, Miss.
cure
Funding
Commission
ap¬ be taken under advisement and
Bond Sale—The issue of
$55,000
proval, the town would fund the further consideration;
paving bonds offered Sept. 14—
t
existing obligations with bonds
v.
160, p. 1237—was awarded to
maturing over an 8-year period
Ridgefield Borough, N. J.
the First National Bank of Mem¬
instead of a 20-year period.
Bond
Purchase
In
Approved—At
phis,, as IV2S, at a price of 100.69. other
words, the maturities could the Sept. 8 meeting of the Local
Second high bid of 100.68 for 1V2S
be so arranged that the approval Government
Board, held imTrehwas made by Leland
Speed & Co. of the
Funding Commission would ton,. the following resolution was
permit the retirement ? of debt adopted for the purchase b^5 The
Hattiesburg, Miss.
within eight years; whereas, if the above
borough;; of
Bond Sale Details—The
outstanding
$146,000
,
may be registered as
first year and 1%% thereafter.
principal and interest on
Dated Nov. 1, 1944.
Interest M-N.
application to the, City Comp¬
troller. Bids offering an amount Denomination $1,000. Due Nov. 1,
as follows:
$9,000 in 1945 to 1948,
of less than par cannot be
accept¬
and $10,000 in 1949 to 1959. ; Call¬
ed.^ Purchasers will be
to
Commission,
fol}owing report
affairs
20, 1944. Other bids: Na¬
Shawmut
State to be approved by the suc¬
cessful bidder will be furnished
Enclose
$369,000
bonds.
bonds, amounting
$150,000, will mature, 1958 to
1961
000 notes offered Sept. 18—v.
inclusive; - series B bonds,
160,
p.
1237—was awarded to R. L. amounting to $142,000, will mature
1951 to 1957 inclusive.v
Day & Co. of Boston, at 0.379%
^
The plan is intended: to stabil¬
discount. Dated Sept. 20, 1944 and
Note
proposal looking towards securing
the
Funding
Commission's
ap¬
by the District.
of
1969 inclusive.
series
will carry a coupon rate of
3V2%and the series A
Concord, N. H.
*
■
r
„
some
issuance
;.3%%:"refunding
1945 to
amount
HAMPSHIRE
Treasurer Sargeant appeared be¬
fore the Commission to discuss ,a
of
the
and
series
NEW
the
Local
Government
to the creation of
offered
an
Board
appropriation
of $17,500 for the
purpose of pur¬
chasing /certain • bonds/ as more
particularly detailed in said resoered as and when the necessary lution, and
.l"- /
financial information was submit¬ \ Whereas, financial information
at
public sale. After discussion, it
tentatively agreed that .the
plan would be favorably consid¬
was
:
ted.
file with the Director of Local
on
It was further agreed,
in¬
formally, that in view of the fact
Government ? discloses, the
that this
ence
was
the
funding of bond
anticipation notes rather than the
refunding of permanent debt, it
would
not
Sargeant
be
necessary
to, submit
the
forecasts of operations.
of free
1944, in
an
cash
amount
th#.vappropriation
of
as
in
exist¬
Aug. 31,)
excess
hereinabove
of
re¬
fer rCd'to,
and "-W /;■;/
for Mr.:
detailed ^ WHereas,, information
"r
place of delivery and in meet¬
Delaware River Joint Commission
ing bank charges for maturity
(P. O. Camden), N. J.
MISSOURI
payments. Delivery will be made
Recovery of Federal Tax Sought
on
Aug. 28, 1944.
The principal in Minneapolis,
Elvins School District, Mo.
Chicago, or New
in Suit—The counsel for the above
and interest will be payable sole¬ York
City, at a national bank ac¬
Bonds Sold—An issue of $40,000
Commission, acting under author¬
ly from the revenues of the exist¬ ceptable to the purchaser,
any 2*4% school bonds was purchased
ity voted some months ago, has
ing sewer system. Rate of inter¬ charge made by such bank for de¬
recently by Edward D. Jones & brought suit in the United States
est to be in multiples of % of 1%,
livery service to ! be paid by the Co. of St. Louis.
Dated Sept. 1, District Court Tor the District of
■i-h
■■■v'v*.
■< a-.* .if
,i
i
•
for
May wood (Borough of), N. J. ■
Refunding Plan
Under
bonds
approving opin¬
reputable firm of
attorneys
located
in
the
~
tervening between the date of re¬ bonds to but not including the
demption and the maturity date of day of delivery;
and, in addition,
such bond, but in no event shall
purchasers will be required to
the
bonds.
the
public relief bonds. Dated Nov. 1,
1944. Denomination $1,000... Due 1237, were purchased by a group
composed of Scharff & Jones of
$30,000 on Nov. 1 from 1945 to
New Orleans, Lewis &
Co., Jack¬
1954 inclusive. '
subject to redemption at
any
$1,Nov. 1 from
ation will receive sealed and
the option of the City, on 30 days
on
on
1945 to 1954 inclusive.
to
Due
sold
ing
3%
Due in
from
years
If serial
,
must
fied
.
Oct. 3 for the purchase of
$1,960,000 not to exceed 5% inter¬
Sept. 1, 1944.
in 1958 to 1970.
*
p.m. on
Park, Mich.
Armour,
City Clerk,: will receive sealed
bids untiD8 p.m. (EWT) on Sept.
25 for the ^purchase of $100,000
bonds.
/
sealed and auction bids until 9:30
Bond Offering—Lenore
disposal
Sept. 1 in
payable
issue
Hazel
sewage
on
Interest
revenue
/; ■ /■,;
not to exdehd' 4%
1.098%.'! Dated
Due
1963.
Minneapolis, Minn.
Bond
Offering — Charles C.
Swanson, City Clerk, will receive
an
works
bonds,.-
1947
M-S.
authorized
bonds
whether
Rate of interest to
be in
ful- bidder to furnish legal opinion Sept.
water
become
such
April and $3,000 Oct. 15,
1953,, $3,000 April and Oct.. 15,
1954, and $3,000 April and $4,000
a
has
and
1945, and the
1950
Bqssehier National Bank. Success¬
$20,000
installments
period of 20
become payable on the same
day
each year thereafter until all of
$5,000 Oct. 15, 1947, $5,000 April and $7,000 Oct. 15, 1948,
$6,000 April and $7,000 Oct. 15,
1949, $11,000 April and Oct. 15,
bond
of
semi-annual
a
Due
cipal and interest payable at the
Council
will
until 7:30 p.m. on Oct. 2 for the
purchase of $208,000 not to exceed
2%
interest refunding
bonds.
Dated Oct. 15, 1944.
Denom. $1,000.
Bonds Authorized—The
Borough
Council is said to have passed on
final reading an ordinance call¬
the
as
in the amount of $1,500
each, the
sum of $1)500 of the serial bonds
Clerk of the Board of Edu¬
will receive sealed bids
ion
V
in
issued
are
Independent:
(P. O.
of Minnesota. The
Buchanan, Mich.
Bonds Authorized — The City
able
during
Buhl), Minn.
Offering — L. G. Perve-
as
printing of the notes,
bonds,
the time of sale, both
principal and interest to be pay¬
Miller,-: City
County
Falls
and pay for
several
at
upon
School District No. 35
Bond
into
the date of issue.
njote at purchaser's option.
expense
vided
Board of Trustees may determine
North Fork
St.
Longport, N. J.
issued, the entire issue may be
into one single bond or di¬
$4,000
MINNESOTA
Revenue
Commission in the Camden Trust
put
Certificates
the Detroit Trust Co., Detroit
year ago
and
accom¬
5, 7, 8, 10, 12 and 14, dated May 1,
1939 and payable May
1, 1949.
at
repre
exceed
to
0.42%;
redeemed
a
Internal
Boston
on
own
not
received
be
interest
the Collecto
at Camden,
N. J., acting under orders from
Washington, attached funds of the
of
until 8 p.m. on Sept.
by R, J. Gwaltney, District
Clerk, for the purchase of $15,000
building bonds,
Interest rate is
$42,000 bonds maturing as fol¬
lows: $2,000 Oct. 15, 1947, $2,000
April and Oct. 15, 1948 to 1952,
will
with
Commission bonds of 1933
on
About
be received
the
Sept. 29 for the pur¬
Fergus Falls, Minn.
chase of $25,000 not to exceed 5%
Bond Sale—The
$69,000 semi¬
interest
tax
anticipation
notes. annual airport bonds offered for
Dated Oct. 2,1944 and due Jan. 15, sale on
Sept. 18—v. 160, p. 1237—
1945.
Denomination and fprm of were purchased
by the Fergus
his
tax
25,
Oct.
for payment on Nov. 1, 1944, cer¬
tificates of indebtedness Nos. 1,
receive sealed bids until 7:30 p.m.
Prin¬
$10,497.16
senting amount paid by the Com
mission under protest as stam^
MONTANA
.
to T953, $12,000 April and
15, 1954, $11,000 April and
Troy Township Sch. Dist. No. S $10,000 Oct. 15, 1955, $8,000 April
and Oct. 15, 1956, $8,000 April and
(P. O. Rochester, R.D. 3), Mich* '
15, 1957, and $6,000
Certificates Called—Mrs. Hazel $9,000 Oct.
Jennings, School Director, calls April and Oct. 15, 1958.; An alter¬
Co., Detroit.
of
County School Dist. No. 12
(P. O. Harlem), Mont, /
Bond Offering—Sealed bids will
of the bonds bid for, pay¬
to
nanze,
O.
St.
Blaine
Treasurer.
$2,000, payable to the City.
Oakland
New* Jersey against the Collecto
Internal Revenue to recover
by
of:
•/;'
v
opinion of Wood,
Hoffman, King & Dawson, of New
York
City, that the bonds are
valid and binding .obligations of
the City. Enclose a certified check
certified check
a
approved
Trauernicht
purchaser
the bid. The bonds will be
re¬
the deposit
bill will be
&
Company in an attempt to press
6%, payable A-O. ■its;;claim for the documentary
Dated Oct. 1, 1944.
Amortization stamp tax. On Oct. 22, 1943, the
from his obligations under
the bonds will be the first
choice and Commission decided to pay the
terms of the contract of sale and
serial bonds will be the second tax under protest as the first step
entitle the purchaser to the re¬
choice of the School Board.
If in seeking a full refund.
turn of the amount deposited with
amortization bonds are sold
purchaser,
ac¬
Secretary Board of Education, will
(CWT)
Louis.
(P. O. Brooten), Minn.
Bonds Unsold—The $35,000 road
adopted by Congress, the success¬
ful bidder may, at his election be and bridge bonds remain unsold,
all bids for the loan
having been
relieved of his obligation under the
contract to purchase said bonds rejected at the offering on July 11.
and, in such
Legality
Charles
Nov.
Monday, September 25, 194
•
1944.
bonds
after
'
-
that said
cash remains
bered
this
at
time in
indicates,
unencum¬
an
amount
in
excess ;,6L ? the;•
appropriation
hereinabove referred to,
-
:;,Fc
I - • Now, Therefore Be It Resolved,
that the Local Government Board
hereby
approves and assents to an
appropriation
of $17,500 for the
Borough of Ridgefield for the pur¬
chase
'
of
u
certain
t:.i
v-f.r
bonds
I
;
as
A
J
more
olume
160'"
THE COMMERCIAL & FINANCIAL
Number 4319
nicipal Law for the purpose of re¬
constructing
a
portion
of the
referred to in the
borough, and
Be It Further Resolved, that imediately after the purchase and
etirement of the said bonds, the
hief
Financial
Officer
shall
.ransmit
a
certificate
to
the
irector
of
Local ' Government,
uly attested to by the Clerk,
which certificate shall set forth in
ull detail a description of the
onds
purchased, the numbers
thereof, the date of issue, the date
of maturity, and other pertinent
information together with infor¬
mation to the effect that coupons
which may be attached thereto,
if any, are duly cancelled.
articularly
esolution of said
supply system of .the Dis¬
water
trict, the period of probable use¬
fulness of which is 30 years.
In
the event that
prior to the deliv¬
of the bonds the income re¬
ceived by private holders from
bonds of the same type and char¬
acter \shall
be
taxable
by the
ery
of any
terms
Federal income tax
law, the successful bidder may, at
his election, be relieved of his ob¬
;
Union City, N. J. /V////;;
Proposal
Contem¬
.
plated—Mayor Thourot and
Dated
Com¬
city
Due
5%' interest coupon
land
or
purchase
multiples
appeared before the Local Gov¬
ernment
Board
at ^Trenton on
of y4 or one-tenth of 1% and must
be the same for all of the bonds.
Sept. 11 to discuss a proposal Principal and interest payable at
Hooking toward the • refunding of the Lynbrook National Bank &
aggregating $1,400,refunding being designed
to stabilize the tax rate over the
next several years. There was disicussion ; with i respect r tq#
the
assessed
valuations,
prospective
.tax rate, possible changes in val¬
uations, etc., following which it
;was
agreed that the city should
/prepare a plan designed to accom¬
plish wh$t the Board of Commis.sioners had in mind with the un¬
derstanding that under" existing
statutes no plan ^ could be sub-,
mitted dealing/ with" /tnatuf ities
; more
than six-years in advance.
;The city officials in discussing the
indebtedness
Trust
000, said
York exchange.
Lynbrook, with/New
The bonds will be
legally binding general
obligations of / the Village, all
the taxable real property within
which will be subject to the levy
of ad valorem taxes to pay said
bonds and interest thereon, with¬
Co.,
valid and
out
limitation
amount.
Said
asto
bonds
rate
are
or
issued
pursuant to the Village Law
General Municipal Law for
Bond Sale—The
JA
-
W
iK)OJ
O
NEW
$400,000,000
worth
of
and
the
.
.
,
.
v,
Note
EJSW
*
nost
Township School
NORTH
—
160,
v.
Ryan,
p. 1031—were awarded to
Sutherland & Co., Toledo,
13/4S, at
as
Of
a
price of 100.57, a basis
Dated Sept. 1,
semi-annually on
1.686%.
about
and
1944
April
CAROLINA
'/ *
Clyde, N. C.'
District
(P. O. Burton), Ohio '
Bond Sale
The $135,000 con¬
struction bonds offered Sept. 15—
,
v''/^
joint
a
OHIO
;
Auburn
100.43;
100.38; C.
post-war
was
,
Halsey, Stuart &
F. Childs & Co.,
Sherwood & Co., Commerce Union
Bank, Nashville; Mackey, Dunn &
Co., and Newburger, Loeb & Co.,
jointly, 100.26.
'' \
'
the
highway system can
be financed by direct toll charges.
;''r
1964
due
and Oct. 1 from 1945 to
Other bids: (for IY2S)
l
incl.
Much of the rest must
come
of highway funds raised
struction bonds.
1969.
,
24,000 street improvement bonds.
out
H/Due $1,000 on April 1 from
through
1945 to 1968 inclusive.,
/V
gasoline and motor vehicle taxes.
One of the devices for financing
"
,4
All of the bonds are dated Oct.
(not less than par and ac¬
is required. Bid¬
issue
v
Sale—The
Bond
are
each
for
must.
/
issue
1, 1944. Due as follows:
June and Dec. .1, 1946 to
his
bid the 1950, and $10,000. June and Dec.} l?
1951. Bidders may bid for a dif¬
of each /rate.
ferent rate of interest in a muU
than three rates
name more
may
each
and
specify t in
bonds
bidder
be bid for bonds
Each rate must
of consecutive
maturities.,.;. The
the bid¬
bonds will be awarded to
offering to purchase the bonds
interest cost to the
der
at the lowest
determined
amount of
the premium bid from the aggre¬
gate amount of interest upon all
Town, such cost to be
by deducting the total
their respective
prior
of the bonds until
maturities. In the event that
tax
at
,
$28,000 water
bonds offered Sept. 21—
v. 160, p. 1238—were awarded to
Newburger, Loeb & Co. of New
York, as 1.80s, at a price of 100.38,
a
basis of about 1.77%. ' Dated
Feb.
check
1," 1944 and due $1,000 on
1 frorii 1946 to 1973 incl.
;
.
-
J.
Bond Saie—The $75,000 coupon
for sale on
City
First
the
Comp¬
following bonds aggregat¬
ing $100,125.20:
10 years.
30,474.45
bonds.
.
■
.years.
v.
offered
160, p.
i%.;^p bid for les$
"of
the bonds bid
for, payable to the
above Clerk.
Mahoning County (P. O.
town), Ohio
Bond Sale—The issue
Youngsof $215,-
refunding bonds offered Sept.
18 was awarded to Field, Richards
& Co. and the Finst Cleveland
000
Corp., both of Cleveland, jointly,
as
n/4s, at a price- of; 400.802, a
basis of about 1.10%.8D&ted Oct.
Denominations*^,000 and
folloWst;$7^500 April
1, 1947;f$10,000 April 1
and Oct. 1, 1948; $20,000 April 1
and Oct. 1, 1949; $30,000 April 1
and Oct. 1, 1950; $40,000 April 1
and Oct. 1, 1951.
Interest A-O.
Bonds are issued to offset defir "
ciencies in county revenues caused
by non-payment of taxes. Legal¬
ity approved by Squire, Sanders
& Dempsey of Cleveland. Second
high bid of 100.077 for 114s was
made by Braun, Bosworth & Co.
and Fahey, Clark & Co., jointly./
1,1944.
$500. Due as
1 and Oct.
Maple Heights (P. O.
y.
,
Tenders
in
city
from
1
tax
to
5
»■/■■r
value
Morganton, N. C. *
Bond Sale—The $75,000 coupon
.
delinquent
Due
—
jointly to the
of Michigan Corp. of New
tiple of .y4 of
than par and accrued interest./EJn-»
close .a certified check for 2%
Bedford),
/ Ohio
Wanted—Gerald Man-
-
$50,000 public improvement pav¬
ing bonds. Due in from 1 to
„.
$9,000
York, and Kirchofer & Arnold of sell,;, Secretary of the
Sinkirig
Raleighj at a price of 100.013, a Fund :, Commission, will receive
net interest cost of about 1.795%,
sealed tenders until noon on Oct.
on
the issue divided as follows:
25 of refunding bonds of Jan. 1,
$18,000 as ^t^s," due $2,000 from 1937. for the nurchase of which
March 1, 1947 to 1955; the remain¬
there
is
approximately $25,000
ing $57,000 as l3/4s, due on March
available
in the sinking fund.
1; $2,000 in 1956 to 1961, and $5,000 in 1962 to 1970, inclusive. . / Tenders should not exceed face
troller, that he will reseive sealed
bids until Oct. 5, for the purchase
of
Sept. 19
1238—were awarded
Utica, N. Y.
Nelson,
,
semi-annual airport bonds
Offering—It is stated, by
Thomas
payable to the
/:///.
' v
Lenoir, N. C. v/v/d/
Co., jointly, 100.444; "(for 2s) E.
Sons, 100.40. : ' ;
'
Bond
Enclose a certified
for' $1,020,
State Treasurer.
H. Rollins &
;?
bidder may
relieved of his
ing opinion of Storey, Thorndike,
Palmer & Dodge, of Boston, will
be furnished.
Among other bids were the fol4
lowing:
(for 1.80s)
Charles E.
Weigold & Co., 100.28; George B.
Gibbons & Co., 100.279; (for 1.90s)
C. F. Childs & Co; and Sherwood
&
law, the successful
his election, be
obligations under the contract to
purchase the bonds and in such
case the deposit accompanying his
bid will be returned. The approv¬
i
Dated Oct.
.
amount; of
system
Sept.
,
Bond Offering—Sealed bids will
requested to name the in¬
be received until noon. (EWT), on
terest rate or rates, in multiples
Oct. 2, by John Zimmerman, Vil¬
of lk of 1%, Each bid may name
lage Clerk>(ior. the purchase of
one rate for part of the bonds of
either issue and another rate or $110,000 2% semi-annual refund¬
rates for the balance, but no bid ing bonds. Denomination $1,000.
ders
Roxbury Water District, Roxbury,
N. Y.
$35,000 build¬
Geneva-On-The-Lake, Ohio
crued interest)
system was one of the items un¬
investigation.
Bonds Sold—The
tions; unlimited tax; delivery at at a price of 100.43, a basis of
place of purchaser's choice. Prin¬ about 1.146%. Dated June 1, 1944
cipal and interest payable in New and due $5,000 on Oct. 1 from 1945
York City. A separate bid for each to 1951 incl.
■
v'
to the delivery of the bonds the
peacetime shipping facilities, and income received by private hold¬
the development of air commerce ers from bonds of the' same type
have
been
studied, and action and character shall be taxable by
taken.
The Port District highway the terms of any Federal income
der
Coventry Rural School District
(P. O. South Akron, R. D.
No. 10), Ohio
'■ ; •
1, 1944. Interest A-O. Denomina¬ ing bonds offered July 5—v, 159,
tion" $1,000.
Registerable as" to p. 2574—were awarded to Braunprincipal/ only; general obliga¬ Bosworth & Co., Toledo, as IV4S,
*
bid
best
the First of Michigan
Corp., and Kirchofer & Arnold, of
100.309 for all 1%% bonds.
by
•
of
tion
School District (P. O.,
Sept. 26 for the purchase of $212,Freeoort), N. Y.
h Bond
Election —A proposal to 500 not to exceed 3% interest tax
Dated Sept. 28, 1944 and
authorize a $90,000 school site notes.
purchase bond issue will be sub¬ due $100,000 on Feb. 28 and $112,mitted to the voters at an election 500 on Sept. 28, 1945.
Issued to
scheduled for Oct. 6, it is an¬ finance municipal functions in the
nounced by Leo F; Giblyn, Presi¬ fiscal year that began March 1,
dent of the Board of Education.
1944, and in anticipation of tax
collections in that period.
Legal¬
Johnsbtirg, North Creek Water
ity
approvedi by Vandewater,
District (P. O. North Creek), N. Y.
Sykes & Galloway of New York
Bond Sale—An issue of $25,000
City.;.'/f-4./.C-../V.
coupon or registered water sup¬
Port of New York Authority, N.Y.
ply system/bonds" was sold on
;
1944
Revenues
Exceed
Last
Sept. 22. Dated Aug. 1, 1944. De¬
Year's Figure —- Revenues of the
nomination $1,000. Due $1,000 on
above Authority for the first eight
Feb. 1 from 1945 to 1969 inclu¬
months of 1944 exceeded collec¬
sive. Principal and interest (F-A)
tions during the like period last
payable at the North Creek Na¬
tional Bank, North Creek, wi,th year by more than $2.5 million,
New York exchange.
The fjords the Authority's department of
audit and control reported / re¬
will be valid and legally bmding
cently. Total revenues from all fa¬
general obligations of the;^Pwn,
cilities
through Aug. 31, 1944,
payable in the first instance from
were
$10,608,697. Last year, $8,a levy upon property in the North
Creek Water District, but if not 039,425 had been collected through
the end of August. Collections- for
paid from such levy, all the tax¬
able
real
property within the the month of August continued to
run ahead of last year, though the
Town will be subject to the levy
excess
was less than for earlier
of ad valorem taxes to pay said
months this summer.
Total for
bonds and interest thereon, with¬
out
limitation
as
to rate or this month was $1,471,003, $279,730 ahead of August, 1943.
The
amount. Issued pursuant.to the
increase in revenue for July was
Town Law and the General Mu¬
'"Eit&PQrt
Second
offer
Boston,
Co.,
1958, and $5,000 in 1959 to
Fahey, Clark & Co., 100.52 (con¬
Bond > Offering—W. E.
Easter- ditional offer); Lawrence Cook &
ling, Secretary Local Government Co., 13/4S, 100.32; (for 2s) Paine,
bus, truck and passenger car
traffic in the post-war period, Mr. Commission, will receive sealed Webber, Jackson & Curtis/101.29;
bids at his office in Raleigh un¬
Hedden said: "There is a need for
Braun,
Bosworth
& Co., Inc.,
til 11 a.m. (EWT) on Sept. 26 for
a better integrated and more com¬
101.02; Stranahan, Harris & Co.,
the purchase of $51,000 not to ex¬
Inc., 100.85.
:V.
prehensive system of highways in
the Port District.
In order that ceed 6% interest refunding bonds,
Coldwater, Ohio
as follows:
/■ /v/',;1-'-'' /
such highways may be completed
Bond Election—At the general
without undue burden on the local $27,000 water and sewer bonds.
election in November the voters
Due April 1, as follows: $1,000
taxpayer, it is imperative that se¬
will be asked to pass on the issu¬
from 1945 to 1967 inclusive;
rious thought- be
given to the
ance of $73,000 storm sewer con¬
method of financing. Only a frac¬
-$1,500 in 1968 and $2,500 in
Offering—F. H. Bull, Jr.,
Village Clerk, will receive sealed
bids
until 7:30 p.m. (EWT) on
1954 to
1967.
of
Mamaroneck, N. Y.
YORK
$360,000 coupon
(for 1.70s) First National Bank of
purpose
1%% bonds.
.
fered
•
ing 100.19 for
5
or
Official Discusses Federal High¬
of acquiring lands in the major highway projects is a sys¬
Village for street purposes and as tem of Federal aid matching State
a parking
place for vehicles, the and local contributions. It is im¬
period of probable usefulness of portant that the formula for dis¬
which is 30 years. The Village has
tribution
of - such
Federal
aid
■jplan with the Commission indi¬ no special charter but operates funds should be based upon the
cated that they had in mind a under the General Village Law.
needs of great urban areas such as
plan which would go beyond the Provision has been made for the
the Port District.
1
■;y'r//
■faforementioned six year period,
necessary down payment, as re¬
"In hearings before the Con¬
therefore, it was agreed that as quired by Section 6 of the General
gressional-Committee and in dis¬
and when a proposal was subMunicipal Law, as amended, of at cussions with Washington Author¬
emitted, based on the limitations least 5% of the entire estimated
ities, the Port Authority, in co¬
of existing statutes and upon the cost of such improvements. In the
operation with State arid munic¬
; apparent
needs of the city, it event that prior to the delivery
ipal officials, proposed a fundwould be given due consideration. of the bonds the income received
distribution'formula based upon
Wood-Ridge School District (P. O. , by private holders from bonds of population ratios. This formula is
the same type and character shall
W
Wood-Ridge); m JMM
"
now
a ; part
of the Senate bill
Bond Sale—The $33,000 Coupon be taxable by the terms of any passed on Sept. 15—arid we hope
Federal income tax law, the sucsemi-annual school bonds offered
that it will be included in the
for sale ontSfept.: 18 i4^?Pv.*f160, cesfiil bidder may, at his election, final legislation." \/■''
*
be1 relieved bf his obligations un¬
The Director of Port Develop¬
p. 1237—weffe awarded: to hB. J,
der the contract to purchase the
Van Ingen
ment revealed that the Port Au¬
iCo:r: of-New York,
bonds arid in such case the deposit
as 1.30s, pa'yirig a pricetof 100.06,
thority for more than a year has
accompanying his bid will be re¬ been making a series of investi¬
a
basis of about 1.29%.
Dated
turned. The approving opinion of
Sept. 15, 1944. Due $3,000 from
gations of the possible commerce
Vandewater, Sykes & Galloway, and transportation situation in the
Sept. 15, 1945 to 1955 inclusive.
of New York City, will be fur¬ New
Second best bid was an offer by
Jersey-New York Port Dis¬
nished to the purchaser without
trict in the immediate i post-war
Boland, Saffin & Co., of 100.314
for IV2S, while third in the run¬ cost. Enclose a certified check for period.' Shifts
and changes ' in
ning was H. L. Allen & Co., offer¬ $400, payable to the Village.
trade, the restoration to service of
•
to
registered refunding bonds of¬
Sept. 20—v. 160, p. 1238—
way Aid Measure—In an address
were
awarded. to National City
made in Newark, N. J., on Sept.
Bank of New York, and Braun,
19, Walter P. Hedden, Director of Bosworth &
Co., Inc., jointly, as
Port Development of the Port of
1.60s, at a price of 100.428, a basis
New
York
Authority, discussed of about 1.54%.
Dated Sept. 15,
the passage in the United States
1944 and due Oct. 1, as follows:
Senate on Sept. 15, of a Federal
$125,000 in 1953; $75,000, 1954;
highway-aid bill which included
$65,000, 1955; $50,000 in 1956 and
a
formula for apportionment of
$45,000 in 1957. Among other bids
highway funds on the basis of were the following: (for 1.60s)
population ratios.
This formula Blair & Co.,
Inc., and Equitable
of distribution had been proposed
Securities
Corp., jointly, 100.15;
Oct. 1, 1944. Interest
Rate of interest to be in
1
Yonkers, N.Y."
bonds. highway projects in the New Jer¬
A-O.
sey-New York Port District.) /""//"
$4,000 Oct. 1, 1945'/to 1949.
Predicting a continued growth
registered
Refunding
missioner Nolan of the above
exceed
from
in
Due
years.
18,075,884, compared
13,135,852 last year.
with
ligations under the contract to
purchase the bonds and in such
case
the
deposit accompanying
his bid will be returned. The ap¬
proving opinion of Vandewater,
Sykes & Galloway, of New York,
*:// Sayreville (Borough of)
will be furnished to the purchaser in Washington by the Port Au¬
Bond Purchase Approved—The without cost.
'! / / ?■ thority in cooperation with State,
Local Government Board has ap¬
county and municipal officials, to
•f'l
Lynbrook, N. Y.
assure
proved the purchase by the above
adequate aid for urban
Bond Offering — H. E. Dana,
Borough of $2,000 4%% water ex¬
roads in the metropolitan area.
Village Clerk, will receive sealed Mr. Hedden stated that a recent
tension bonds,bearing maturity
date of Dec. 15, 1950, at an aver¬ bids until 3 p.m; (EWT) on Sept. inventory made by the Port Au¬
29 for the purchase of $20,000 not
age price of $1,170.
*
thority disclosed plans for about
to
bonds.
totaled
the First Securities
Corp. of Durham, and Crouse,
Bennett, Smith & Co. of Detroit,
at par, a net interest cost of about
1.71%, on the issue divided as fol¬
lows: $20,000 as 3^s, due on April
1; $2,000 in 1947 to 1949, $5,000 in
1950 and 1951, and $2,000 in 1952
and 1953; the remaining $55,000 as
1V2S, due on April 1; $2,000 in
delinquent county tax( ston-Salem,
19,650.75
$371,941 and in June stood at
$418,179. The number of vehicles
using Port
Authority
facilities
during the first eight months of
1944
1341
CHRONICLE
semi-annual airport bonds offered
for
sale
om
Sept.
19
—
v.
160,
1238—were awarded jointlv to
Vance, Young & Hardin of Win¬
p.
of
contain a
the
should
bonds
number and bond num¬
ready for delivery not
than ten days after Oct. 25.
by issue
ber, and be
later
bonds and
description of the
O
m
1342
THE COMMERCIAL & FINANCIAL CHRONICLE
Ohio (State
The
of)
commerce group has adopt¬
resolution asking for revision
Municipal Market Eases—J, A.
ed
a
White & Co., Cincinnati, reported
of
state
Sept. 20
on
larger
follows:
apathy on the part
buyers, coupled with talk
as
taxes
Continued
of
some
of lower
rates
tax
after
the
apparently have caused the
ket
1.33%,
compared
1.32% last week.
with
become
Bond
and
—
J. H. Wanek,
Clerk-Treasurer, will re¬
bids
sealed
(EWT)
until
Sept. 22
on
7
Dated
J-D.
Oct.
Due
1,
1944.
Dec.
1, as
$12,000
pur¬
interest payable
the
at the Cleveland
District
Treasurer, is re¬
Board of Education will
quired.
furnish
its
at
proving
own
expense
ap¬
at
—
issue
to
considered
for
of
about
as
follows:
as
payment
Aug.
11
issue
the
of
Cities
a
price of, 100.388,
about
l%s,
basis of
a
time
1.704%. Due Oct. 1, as
$10,000 in 1950 to
1952, $20,000 in 1953 and $30,1954 and
for the
like
a
1955.
Issued
of refunding
outstanding
purpose
amount of
bonds which
are
ture,
mul¬
authority of the
under
about to
ma¬
land by
will be
expense of the
certified check for
$100.
■
Rural
School
District
°hio
(
Bond
Sale
ac¬
by the City
Aug. 23, 1944.
are
dated Oct.
held for
the
90
Shaker Station,
Cleveland), Ohio
Wanted
—
Lena
Postponed—Sale
The
of
at
the
lowest offer¬
scheduled to take place Sept. 21,
sufficient tenders
the
Retirement
Board of Education.
Summit County (P.
Ohio
exhaust
Fund
in
of
the
the
Bond
the
The
$270,000
re¬
Village,
1, 1944 and due as follows: $10,000
May 1 and Nov. 1, 1947; $20,000
May 1 and Nov. 1, 1948; $45,000
May 1 and Nov. 1, 1949; $60,000
May 1 and Nov. 1, 1950.
Other
bids, all for iy4S, were as follows;
Bidder
Rate Bid
Halsey, Stuart & Co., Inc
Braun, Bosworth & Co., Inc
Ryan, Sutherland & Co
Seasongood & Mayer-.—,.
101.096
101.06
.........
Childs & Co
100.68
100.32
100.13
Toledo, Ohio
-Excise Tax Proposed For Debt
Retirement—A 5% excise tax on
of the
city's utility services
recommended
to
the
Council
by the Toledo Chamber
of Commerce. Revenue
from the
levy, which would raise an esti¬
mated
$700,000 annually would be
solely for debt retirement.
George N. Schoonmaker, city
manager, who presented the pro¬
posal, declared that the city "has
used
refunded bonds
years
sources
and,
of
the
as
over
unless
revenue are
price he will
tions
a
period of
additional
said Fund.
additional
a
of
Tulsa, at
of about
a
of
to
the
the
If
the
city
loses
its
th
case,
bonds
in all likelihood will be
refinanced with the floating of
aj
loan
at
a
no
of
rate
more
probable
itself will
in¬
than
mean
immediately.
six
little
also
1%,
a
con¬
;
;
,
Also
providing for
bonds
issued
the
voters
by the
"If
Portland, Ore.
be received
until
Oct.
filed
take
a
liens ...didn't
money
in
the
of
care
which
liens
correct
all
the
agree¬
While
the
were
case,
amounts
to
of the
bonds, by
depression the land
of the
reason
on
the
remaining unpaid
no
longer worth
filed is
are
the amount of the liens.
a
Earle
Wieder,
estimates liens
State
for
of
were
city's credit.
bring
in
the
money,
according to
ment," he explained.
liens, in Allentown's
city
are
controller,
outstanding on
approximately 500 vacant lots- on
the three improvement bonds. The
book value of these liens
already
/
10
that
they
strength of
the
as
to pay the bonds,
the bondholders wouldn't
get their
<
..
improvement
was
inasmuch
on
enough
referred
1943
the
sold
liens
filed against
property, and not on
the strength of the
3% gross
a
*
.
when
were
"trustee"
appearing
was
'
"
According to Atty. William S.>
Hudders, city solicitor, who wilL
fight the case in court, the city^s
in
the November ballot will be
as long ago as
All lost their cases in
court.
5% if necessary.
tax.
finished
neighboring
like action
a
six years.
proposal,
initiated
of
the
borough of Fountain Hill emerged
from
contained in the
been
over
recently
and the
cases
position
has
now
Altoona, Erie and
McKeesport
constitutional
Townsend
sales
matter.
similar
totals
Bond Offering—Sealed bids will
$156,237, against the $104,'bonds, but it is an
cityimay never collect
000 due on the
the
amount the
because ;it
the
lots
exceeds
the
value
which; there
on
are
of
also
many other
unpaid taxes, not only
but county and school dis¬
city,
serially from 1947 to 1966
trict.
incl.
■
1
Expressing the situation as sim
ply impossible, Atty. Hudders says¬
PENNSYLVANIA
that city has reached the "bottom
of the barrel" on its
Allentown, Pa.
Fi¬
To
Council
Test
The
then
Sept. 13:
recommends
whether
the
bid
to
Bond Issue
following
from
the
be
the
is
report
Allentown
earnings from
Liability—
the
taken
"Call"
improvement
cause
of
liens, and be¬
amount coming in is
the
insufficient
ac¬
three
payment of less than 20%
*
*
:
-
city's
improvement
tin
Miller, Clerk of the Board of
Education, that the bonds are
dated July 1, 1944, and were pur¬
chased as follows: $432,000 as Is,
due
$54,000 from July 1 1947 to
1954; the remaining $268,000 as
iy4s, due on July 1: $54,000 in
1955 to 1958, and
$52,000 in 1959.
Interest payable J-J.
Yukon, Okla.
is
now
or
$25,000 bonds sold to the SmallMilburn Co. of Oklahoma City—
old
issues
on
fall
soon
improvement
bond
which final installments
due
of the
ment
bonds
which will
then.
the
lars
to
by defaulting pay¬
The default,
bonds.
save
thousands of dol¬
taxpayers, is the first in
history of the city.'
The
court
action
cities
of
the
third
class
ago;* the
Legislature in 1931 passed an, act
stating that regardless of . tthe
original
arrangement*
between
municipalities and bondholders,
henceforth such bonds
should
considered the
any
city
will
actually
be a test case made necessary by a
legal snarl over constitutionality
of an
Act of 1931, which says
is
about 1.14%, as noted here last
July, it is now reported by Mar¬
Details—It
Finance, who declarec
that he would not support a con
tinuation of that practice.
Reading is in court
voters, each
separately, does
are
Legislature.
V*
V:
City property in Klamath Falls
(P, O. Enid),
handled by the office of the
Okla.
police judge and the city recorder.
Bond Sale Details—In connec¬ Each piece of property with the
tion with the sale of the
$700,000 block, lot number, etc., is shown
building bonds to a syndicate on a control map Of the city, and
headed by the First National Bank other information on foreclosure
of Enid, at a net interest cost of dates and appraised valuation is
Sale
counts and
same
initiative.
will expire in 1946 and the policy
is to have sale contracts
paid by
net interest
1.66%.
Enid School District
•
that
amendments
one
to
a
The
Due $2,500
from 1947 to 1956 inclusive.
Bond
contended
measure
lot
mad<
was
City
that
amendment
the
to
sales tax. The latter
contract for purchase of lots
which runs longer than four years.
or
sold on Sept. 15—v.
160,
1239—were purchased by Evan
stated by the Town Clerk that the
down
$25,000 water
improvement
bonds
cost
one
Applica¬
pay.
over
recommendation
by Councilman Robert E. Ritterj
director of the Department of Ac¬
r
works extension and
Davis
consti¬
apply to amendments initiated
by the voters, although it does
apply to those referred by the
State Legislature.
The
proposal's opponent had
on
agent. The
map of all
a
The
to pay the principal
and interest due, the
city has no
-City council in special session choice but to default.
-oh. 2
cepted or declined; usually this yesterday voted unanimously to
Because the
condition-..facing
decision is accepted.
force a court ruling on the city's Allentown
became acute through¬
The Council does not allow a liability to settle on payment of out the State a
long time
OKLAHOMA
p.
submitted
a
declaring
not
investigates the property
City Engineer. The Com¬
Council
Coweta, Okla.
Purchaser—The
Committee
mittee
-
found, will
have to continue that
practice
shut off services."
turned
are
nance
amount sufficient to exhaust
an
than
must be referred
State
with the
in
provision
more
mature
which
ings Bankji both of Akron, joint¬
ly, as Is,fat! a price of 100.01, a
basis of about 0.997%. Dated Oct.
been
If
within
wanting to buy
person
the Village will call said bonds by
lot under supervision of the Coun¬
Firestone; Park Trust & Sav¬
users
functions
ty Auditor of Cuyahoga Co., Ohio,
O. Akron),
funding bonds offered Sept. 15—
v.
160, p.. 878—were awarded to
the Dime)Sayings Bank
Co., and
has
pay an
so
from the city files in the Record¬
er's office an application
stating
received to
are
funds
The decision held that
tutional
proposed amendment also
would prohibit the levying of a
of the sale price to the per¬
A
value thereof and in the event in¬
postponed to Oct. 20, accord¬
to Jane Maxwell, Clerk of
P.
back taxes.
does
same
be
other
debt.:. This immediately rer
suited in many suits
cities, and in
lost
as
their
every
in
cases
against other
instance they
the
Court.
Supreme
,
However,
according
to Atty.
countable for improvement bonds, Hudders who has investigated the
regardless of terms of the original history thoroughly, the Supreme
in
arrangement between a munici¬ Court
every
instance; has
listed in an indexed card system. pality and its bondholders/
The avoided passing on the constitu¬
Bids on property are read at City of Allentown's
position * is tionality of the act, leaving that
council meeting. If the offer and that it has no legal
responsibility question undecided. It is the so¬
terms are accepted, an ordinance in the matter.
licitor's hope to force a ruling on
is drawn up and read at two meet¬
tde constitutionality, but what¬
The bonds in question are
spe¬
ings. A contract is arranged and cial street <'■
ever tJie outcome of the case the
improvement
bonds
payments are
collected by the
dating back to 1929, which bear city;.stands to gain financially. V
police judge's office.
interest at the high rate of 6%.
"Under
the
circumstances,"
All
delinquent property sales They begin to mature this com¬ Atty. Hudders declares, "it would
in Astoria are handled by the city ing
October, and the total amount be unsafe for the mayor and city
treasurer's office. The department due is $104,000.
The bonds are council to refund these bonds at
has a card file of all property Series
A, 1929, on which $43,000 a lower rate of interest unless the
owned by the city and also has is due; Series
B, 1929, on which courts ordered them so to do, for
a
record of all county property $29,500 is due and
Serie.s A, 1930, such action on their part would
within the city limits.
A com¬ on which $31,500 in due.
mean
that they would take the
plete record is kept of all sales
It was pointed out at the meet¬
responsibility of deciding whether
either for cash or sales on coning that city councils on two prev¬ the Act of 1931 is constitutional or
i 3
1
i
j ;
7
■)are
ac¬
,
.
;
v
'
»
j-
i
«
•
,
■,
.
j
Allentown such action is not at
all unusual in the Commonwealth.
It was pointed out the
proposed
value.
A card is kept purchase of the $12,000,000 gen¬
eral
obligation sewage disposal
describing each lot and indicating
bonds authorized at the May 19
any improvements which may be
primary election. The bonds will
made on it.
-Village will purchase the
was
C.
up
owner
con
high interest debt, tbii
court showdown has been chosen
bonds
Jr.,
appraisal
....
above bonds
the
paying
the
siderable saving.
The new issue
would be used to settle the old
The
lots which the city owns and their
5, of several issues of outstanding
Farrell,
fall
due,
th
repeated as ai
be
out, but rather than
to county clerks for a place on the
ballot.
could go to
redeem the
may
sealed tenders until 4 p.m. on
ing price not exceeding the face
—
during this time
year;
owner
who
fice
Oct.
S.
car
No\
Though council's decision yes¬
terday will establish precedent in
which
sell
land
taken over for taxes,
generally, the City Recorder's of¬
Goll-
Robert
again
time
rate.
to
amendment
is
Restore
City Recorder has
refunding bonds.
$240,000 6% building
equipment bonds, originally
Sale
to
bought the property.
Though real estate agents may
Route 9,
and
Bond
Seek
days, he must
20%
Tenders
a
former
son
the issue of
ing
approved an
fire equipment
witger, Village Clerk, will receive
(P. O. R. D. No. 2, East Akron),
,
in
Warrensville Heights (P. O.
voters
plant bonds.
Springfield
and
1,1944.
will be asked to approve an issue
of $150,000 sanitary sewage treat¬
ment
on
Ai All of the bonds
St. Marys, Ohio
the
Act,
passed
Council
Election—At the Novem¬
election
Bond
tinue
same
interest
could
of Sherman County.v
by Circuit Judges
Page and George Duncan,
the opinion ordered Secretary of
foreclosure
44-33,
laws of Ohio and of the Uni¬
they
method
easy way
$100,000
plaintiff,
proceedings, Arizona, California and Washing¬
Eugene,
Ore.,
foreclosures
are
ton, provides that each qualified
sold at auction on the
city hall citizen over 60 years of age, upon
steps.
Property may either be filing proper application, shall re¬
sold to a private bidder or to the ceive an
annuity of $60 a month.
city for the amount of delinquent Citizens over
18, who are perman¬
taxes.
ently
disabled
or
blind,
also
If no individual
bids, the city would benefit. Funds would* be
does. Whoever acquires the prop¬ raised
by a gross
income tax
erty gets a certificate which is which
would
start
at
3%
but
follows:
000 in
of
the former
general
on
waiting period from the
a
the
M.
The
After
Bowerman, of Port¬
Handed down
E.
reports.
cordance with Ordinance No.
ber
election
finances in sound condition, three
to
form
Bond
an
Delinquent Property on Tax Rolls
—As part of their efforts to
place
rate of interest.
a
Townsend"
6%
which in
State
of
Cleveland,
the
dated
Oregon (State of)
1,
$14,000 in 1946 to
as
"little
represented
when
Three
1.443%. Due Oct.
110,000 series of 1944-B
so-called
the
terest
voters
$10,000
Dempsey,
a
bonds,
Issued for the purpose Oregon cities have extensive pro¬
refunding certain bonds of grams of getting delinquent prop¬
the City, which will mature erty back on the tax rolls, the
by call on Oct. 1, at a lower American Municipal Association
H.
the
son,
calling
total of
a
bonds.
tiple of lA of 1%. The approving
opinion
of
Squire, Sanders
&
at
1
1953.
Arthur
ried
District Attorney T. Lester John¬
Oct.
on
ity date, but at the
Old-Age
that
certify the
l%g,
1949
Places
Marion
land,
Madras, Ore.
basis
a
1948, and $15,000 in
different rate of interest in
Enclose
inclu¬
•;
Bonds Voted—At
& Co., Cleveland,
Braun, Bosworth & Co., Inc.,
Toledo, jointly, as follows:
$117,000 series of 1944-A
at a price of 100.298,
Order
who with Jay
$11,000 refunding
Oct. 1, 1931.
McDonald
in 1948, $500 in 1949 and
1950, $1,000 in 1951, $500 in 1952
and 1953, $1,000 in 1954, and $500
in 1955.
Bidders may bid for a
city.
1965
Forest Grove, Ore.
Bond Call—The city is
and
$1,000
furnished
1960 to
of
Sale—The $227,000 cou¬
refunding bonds offered Sept.
18—v. 160, p. 1031—were awarded
Howe, Village Clerk, will receive
sealed bids until noon on Sept. 26
for the purchase of $6,516 4% spe¬
cial
assessment
street
improve¬
ment bonds.
Dated Oct. 1, 1944.
One bond for $516, others $1,000
and $500 each. Due Oct. 1, as fol¬
lows: $516 in 1946, $500 in 1947,
of
in
Bond
opinion of Squire,
Dempsey of Cleveland.
Offering
as
OREGON
University Heights, Ohio
Roscoe, Ohio
Bond
V
county
be
1
to 1963.
hospital bonds
by the voters
the November general election.
will
legal
Sanders &
An
—
;
$6,000
Court
Pension Plan Before Voters—The
proposed •
State
constitutional
16,000 sewer bonds at a price of amendment to provide a
$60-a100.131, a net interest cost of month State pension financed
by a
about 1.58%, divided as fol¬
gross income tax of from 3% to
lows: $12,000 as iy2s, due $1,5%.
S :
000 from Jan. 1, 1948 to
That a prompt appeal would be
1959;
the remaining $4,000 as l%s, taken to the
State Supreme Court
due $1,000 from Jan.
1, 1960 was announced by W. S. U'Ren,
pon
Trust Co., Cleveland.
A certified
check for $500, payable to order
of
Election
$122,564
Inter¬
follows:
in 1952
in 1951,
$16,000 in 1953. Principal and
$10,000
Bond
',
follows:
as
di-
occasions, in 1934 and 1931
five-year coupons to th
attached
bonds which extended the matur
County
Circuit
Court
due $500 from Jan. 1, handed down an opinion
recently
1959; the remaining ordering the ballots at the
general
$3,000 as l%s, due $500 on election in November to contain
County (P. O. Marysville),
-
1.61%,
ious
the county the amount
it paid the state for taxes.
sive.
<
'
about
Astoria buys this property
pays
to
Jan.
such grave
future growth
their
Ohio
p.m.
for the
vided
♦
of
matter
of
cost
1948
stability is jeopardized," the
Union
Offering
chase of $38,000 not to exceed 2%
interest series C coupon refunding
and
that
and
1V2s,
City School District, Ohio
District
est
O
recom¬
chamber stated.
Parma
bonds.
a
concern
compared
with 1.14% and 1.50% last week.
ceive
est
plight of Ohio's populous
cities, powerless to raise revenues
in fields pre-empted by the state
government, pressed by heavy ex¬
pense and huge debt services, has
The indices for
respectively,
has
local
"The
10 high grade and for 10 lower
grade bonds stands at 1.15% and
1.51%,
and
tract.
purchased
$9,000 water works bonds at a
price of 100.122, a net inter¬
a
state-collected
other than real estate.
yield for 20 Ohio bonds stands to¬
at
of
1239—were
p.
follows:
mended that local governments be
empowered to raise taxes in fields
war,
mar¬
municipal bonds to
slightly.
Our index of the
day
share
that
so
would be returned to
governments,
Ohio
for
ease
laws,
revenue
160,
v.
as
Monday, September 25, 194
...
,
/
i0
.
t
/
1343
160
olume
Number 4319
proceedings au¬
only thing
thorizing the issuance thereof have
he city can do is not pay the
onds and invite suit.
If the city been approved by the Department
s
successful
it
will establish of Internal Affairs, Enclose a cer¬
tified check for 2% of the face
recedent in Pennsylvania; if unamount of the bonds, payable to
uccessful it will pave the way to
the District Treasurer.
loat a regular city bond issue at
onsiderably lower rates of interCoatesville, Pa.
/
st and without any risk to taxTherefore,
ot.
ayers or
Further
if
the
the
Hart, Di¬
Finance,
bids
until
Bond Offering—F. D.
bondholders."
explaining
after
and
the
city's
Accounts
of
rector
will
receive
10:30
and
sealed
Pittsburgh "Post-Gazette".
The court's conference with At¬
ness
incurred
ments .and
in
in,street improve¬
purchasing an air¬
for
the
debt.
The proposed new
Eaton, counsel
bond owners, and City
William Woldovan, held
Olive
K.
in their
McKeesport
The bondholders charge
suits that the City of
port,
and
to
question.
The opinion was written by
a.m.
cepted. Registered as to principal
only. The bonds and the interest
thereon will be payable without
deduction for any tax or taxes,
issue and sell
of the above described bonds
until around November, 1944, or
"•
any
1
provide money for
possibly later.
additional airport facilities.
for the
5.
Two amendments to the consti¬
$300,000 to $350,000 of said
Solicitor
to agree on admissable evidence tution, relative to the issuance of $400,000 bonds will be issued and
bonds and to debt limitation, were mature
serially
1945
to
1960.
and
exhibits, took most of the
Schedule of maturities has not
morning and counsel estimated proposed and adopted to meet the
trial of all of the cases will take situation and it was these amend¬ been made but bonds will have an
ments
which
were
called into average life of about 9 years.
1
at least two weeks.
torney
As¬
is guilty of negligence in failure sociate Justice G, Dewey Oxner
(EWT) on Sept. 29 for
and was concurred in by all mem¬
hat
to collect assessments and liens
the purchase of $150,000 coupon,
bers of the court.
tion
registerable as to principal only, against properties on abutting im¬
able
collections
which
water improvement bonds of 1944. provements,
SOUTH DAKOTA
bondholders
claim should have
name, "but a city cannot pay a
Bidder to name one of the fol¬
moral
obligation
with
public
been used to retire the bonds the
Brown County Common Sch. Dist.
lowing interest rates: 1, iy4, iy2,
funds, though it would like to.
city issued.
No. 19 (P. O. Bath), S. D.
1%, 2y4, 2i/2j 2% or 3%.
Dated
There is too much money involved
Three McKeesport banks, sev¬
Nov. 1, 1944. Interest M-N.
Bond Sale—The $35,000 build¬
De¬
to assume the Act of 1931 is valid
eral business firms and individ¬
nomination $1,000.
Due $6,000
ing bonds offered Sept. 15—v. 160,
when the Supreme Court has not
Nov. 1, 1945 to 1969. Bids will be uals brought the suits after city p. 1126 — were awarded to the
seen fit to say so."
/ ■/';Vreceived for the entire issue at council early this year halted pay¬ First National Bank of Aberdeen,
The city's intent is to satisfy the
ments of interest and principal on
as
IV2S, at a price of 100.732, a
any of the above rates of inter¬
bonds, but it will only float a new est but no bid combining two dif¬ bonds totaling $442,607.22.
The basis of about 1.36%. Dated Sept.
issue if the court says it is liable
are
owners of $240,ferent rates of interest will be ac¬ plaintiffs
1, 1944 and due Sept. 1, as follows:
Atty. Hudders points out
paying bonds without litiga¬
might be considered advis¬
to protect the city's good
tand,
not be necessary to
931.33 in bonds.
Breckenridge
Independent
School
District, Texas
Tenders—No
No
tenders
connection
in
district's
request for offers
15 of 3%
Sept.
were
with
received
the
until
refunding bonds
of 1940.
Cross Plains
Independent School
District, Texas
Bonds Sold—An issue
of $55,000
refunding bonds was sold to
C. N. Burt & Co. of Dallas. Dated
3%
Aug. 10, 1944 and
legality
by
John
approved as to
D. McCall of
v
Dallas.
from 1947 to 1950 inclu¬
Crowell, Texas
sive; $4,000 in 1951 and 1952, and
Shamokin, Pa.
Bonds Sold — It is stated that
$5,000 from 1953 to 1955 inclusive.
Bond Election
An issue of
Bonds maturing after Sept. 1, 1950 $130,000 3%% water works sys¬
tem revenue, first mortgage bonds
$25,000 fire house repair and fire
callable at par on that date. Sec¬
were purchased recently at par by
department apparatus bonds will
ond high bid of 100.689 for V/2S
be considered by the voters at the
Crummer & Co. of Dallas.
De¬
was
made by Piper, Jaffray &
November general election.
nomination $1,000. Dated July 1,
Hopwood.
1944. Due on July 1 in 1947 to
$3,000
at regular
20 years the
entirely, the
'city's bargain fulfilled. *
except succession or inheritance
;
The improvement bonds soon taxes, now or hereafter levied or
due Were special assessment bonds
assessed thereon under any pre¬
["callable on three days' notice. The sent or future law of the Com¬
total of the original Issue was monwealth, all of which taxes the
RHODE ISLAND
Hurley Independent Consolidated 1979; bonds maturing in 1979 be¬
$547,700, of which the $104,000 City assumes and agrees to pay.
School District No. 1, S. Dak.
ing optional at par and accrued #
now remains outstanding.
All of The bonds will be sold to the
Rhode Island (State of)
Bond Offering
E. G. Breen, interest, in inverse numerical or¬
the bonds outstanding, according
Accumulated
Surplus Exceeds
highest responsible bidder, pro¬
District Clerk, will receive sealed der on July 1 as follows: $10,000
to Controller Wieder, are held in
vided such bid is not less than $4,000,000 — Governor J. Howard
bids until 8 a.m. on Oct. 10 for the in 1954, $15,000 in 1959, and $25,Allentown.
par
and accrued interest.
The McGrath announced Sept. 12, that
purchase of $35,000 3% building 000 in 1964. Principal and inter¬
Before planning the action to highest responsible bidder shall during the fiscal year ended June
bonds.
est (J-J) payable at the Mercan¬
///;'•{;/.;/•/ //
default the city also consulted the be the one who, having complied 30, there was an excess of $1,337,tile National Bank. Dallas. Legal-'
with the conditions of sale, offers 621.44 of State general fund re¬
Philadelphia firm of Townsend,
TENNESSEE
ity approved by W. P. Dumas of
Elliott and Munson, legal advisors to take the whole amount of the ceipts over expenditures.
Dallas.
Tennessee (State of)
'on
bond issues, and learned it issue at the "lowest interest cost to
Acting State Finance Director
August
Tax
Collections Less Dallas
would not approve a new bond the City, which shall be deter¬ Edward L. Leahy said in his an¬
County (P. O. Dallas), Texas
issue for any city under similar mined by deducting from the total nual report to the Governor that Than 1943—A decrease of 12.89%
Warrants Exchanged — It is
circumstances unless a suit of the amount of interest to be paid on general fund expenditures and en¬ in August tax collections, com¬ stated
by Charles A. Tosh, County '
were
$20,530,755.07, pared with the corresponding 1943
'sort contemplated be brought and account of such bonds during the cumbrances
Auditor, that Crummer & Co. of
decided.
•
1 •
1 / /
life thereof,«the amount of prem-/ while total revenues were $21,- month was reported recently by
Dallas, and associates, recently
ium offered, if
any, over and. 868,376.51, making possible the ad¬ the State of Tennessee. Receipts exchanged
$49,238
2lk%
and
>
\ Chester School District, Pa
above the face amount of the. is-/ dition of $1,337,621.44 to the cu¬ for the month totaled $3,430,011, 2%% road and bridge warrants
r Bond Offering—Thomas Keare,
sue.These obligations will be mulative free surplus in the gen¬ against $3,937,829 in the same for a like amount of road and
'District Secretary, will receive
month last year.i
;:•/'/
payable from, ad valorem . taxes eral fund, which now stands at
bridge refunding bonds, bearing
sealed bids until 8 p.m. (EWT) on
/ Gasoline taxes, the state's most
within the taxing limitations im¬ $4,455,370.48.
the same rates of interest.
s
•Oct. 9 for the purchase of $225,000
posed by law upon cities of the
The addition to the free surplus important form of income, de¬
.coupon, registerable as to princi¬
clined 25.97% to $1,595,599 from
third class. The enactment, at any was made despite the fact that
Denton, Texas
pal
only,
improvement bonds.
To Issue Bonds—The City Com¬
time prior To the-delivery «of the total expenditures, including out¬ $2,155,381. Increases in virtually
Bidder to name one of the follow¬
every other large source
of in¬ mission recently indicated its in¬
bonds
ot /Federal legislation; lays from Federal grants, were up
ing
interest rates:
1%, 1V4%,
come
were
insufficient to com¬ tention to issue $500,000 sewer
which in terms, by the repeal or; by $362,698.37 over a year ago,
'~lVz%r l%%, 2%, 2y4% or 21/2%.
omission of exemptions'or other-; and income dwindled by $1,111,- pensate for this decline.
plant and power plant improve¬
-Dated Oct. 1, 1944.
Denom. $1,Tobacco taxes produced $478,ment bonds.
•"
wise, subjects to a Federal income 223.71.
Judge Leahy
explained
'000, Interest A-O. Due $9,000 on
tax the
interest on bonds of a that expenditures from State and 213 in August, or 6.45% more than
•Oct. 1 from 1945 to 1969 incl. Bids
Fort Worth, Texas
the $449,210 realized in the 1943
class or character which includes
departmental restricted revenues
-will be received for the entire isBond Offering—S. H. Bothwell,
month. Alcoholic beverage levies
these bonds, will, at the election actually decreased by about $250,',sue at any of the above rates of
rose
29.63%
to
$213,794 from City Manager, swill receive sealed
of the purchaser, relieve th§.pur-:
000, but outlays from Federal
^interest but no*- bid ^combining two
$164,924. /-J,{/■;/://'////////v'.-;/••• ■/ bids until 11 a.m. on Oct. 3 for the
chaser from his obligations under grants increased by $613,151.45.
/different ratesiof •interest will be
In July and August, the first purchase
of $1,867,000
coupon
the terms, of the contract of sale
Judge Leahy reported that at
^accepted,. /Registeredfas to prin¬
two months of the current fiscal bonds, as follows:
' )ft>
and entitle Fthe purchaser to the the fiscal year's close all unen¬
cipal only/ibThe bonds and the
Group A
return Of the amount deposited cumbered surplus funds amount¬ year, total tax collections of the
-interest thereon will be payable
state decreased 2.63% to $10,156,$600,000 Main Arterial Thorough¬
with the bid. These bonds are is¬ ed to $6,665,658.92, an increase
without deduction for any tax or
fare, Series 51 bonds.
Due
sued/ subject to the
favorable from pre-war 1941 of $5,229,- 380 from $10,430,449 last year. In
taxes, except succession or inheri¬
these respective periods, gasoline
Nov. 1, as follows: Proposition
580.62. Besides the general fund
tance taxes, now or hereafter opinion of Townsend, Elliott &
tax receipts showed a decrease of
No.
1, $24,000 in 1949 and
Munson, of Philadelphia, and will surplus, these
included $1,326,- 7.73% to $3,388,891 from $3,672,{levied or assessed thereon under
1950, $25,000 in 1951 and 1942,
be
delivered , to the purchaser/ 431.59 in the public assistance re¬
any present or future law of the
944. Motor vehicle fees amounted
$26,000 in 1953 and 1954, $27,only if and after the proceedings serve fund, t,o which no contribu¬
Commonwealth, all of which taxes
to $246,176, or
1.80% less than
000 in 1955 to 1957, $28,000 in
authorizing the issuance thereof tion was made this year, $280,000
the $250,698 obtained in the like
the School District assumes and
1958 and 1959, $29,000 in 1960
have been approved by the De-! in general fund rotary accounts,
two months last year.
agrees to pay.
The bonds will be
and 1961, $30,000 in 1962 and
partment of Internal Affairs. En¬ another $23,980 in departmental
sold
to the highest
responsible
Yields from tobacco taxes rose
1963, $31,000 in 1964, $32,000 in
close a certified check for 2% of
imprest cash, $504,411.07 in fire 1.89% in the two-month period
bidder, provided such bid is not
1965 and 1966, $33,000 in 1967
the face amount of the bonds, pay¬ insurance fund, and $75,720.78 in
lefes than par and accrued interest.
to
$919,762 from $902,631, and
and 1968, and; $34,000 in 1969.
able to the City Treasurer.
outside rotary accounts.
•Thd0 highest
alcoholic beverage taxes, totaling
responsible bidder
Proposition No; I 2;'$1,000 in
The State debt retirement pro¬
Shall be the one who, having com¬
Dickson City, Pa.
$380,471 against $331,002, showed
1949 to 1956, $16,000 in 1957
an
increase of 14.94%.
gram over the past three years
plied with the conditions of sale,
to 1961, $30,000 in -1962, $40,Bond Issue Details—The bor¬
caused a debt reduction of $3,offers to take the whole amount
000 in 1963, $48,000 in 1964,
ough is scheduled to ask for bids
TEXAS
of the issue at the lowest interest
837,240, so that the wartime im¬
$64,000 in 1965, $55,000 in
on
an issue of $55,000 bonds, to
cost to the district, which shall be
provement in the State's financial
1966, $80,000 in 1967, $88,000
Aransas Pass, Texas
mature on Dec. 1 in 1948, 1953 and
determined by deducting from the
position is $9,066,821, Judge Leahy
in 1968, and $107,000 in 1969.
Bond Issuance Contemplated—
1958./
;
said.
total amount of interest to be paid
Group B
In connection with the $500,000
on account of such bonds during
Concerning this, Gov. McGrath
Evansburg School District (P. O.
4% seawall construction bonds ap¬ $250,000 Airport Imp., Series 68
the life thereof, the amount of
Evans City), Pa.
said that it reflected "our accept¬
bonds.
Due Nov. 1, as fol¬
proved by the voters at an elec¬
-premium offered, if any, over and
lows: Proposition No. 1, $8,000
Bond Sale—The $15,000 coupon ance of the best modern economic tion held on April 22, 1944, the
above the face amount of the is¬
thought in our country, which is following information was made
in
1945 to 1948, $9,000
in
semi-annual building bonds of¬
sue.
These obligations will be
that in times of prosperity indebt¬
1949 to 1953, $10,000 in 1954
fered for. sale on Sept..18—v. .160,
public by Mayor Conn Brown on
•payable from ad valorem taxes
edness should be reduced and sav¬
to
1960, $11,000 in 1961 to
Sept. 13:
p. > 1239—were awarded to Glover
Within the taxing limitations im¬
1965 and $12,000 in 1966 to
& McGregor of Pittsburgh, as 2s, ings accumulated."
1. That bids for seawall con¬
posed by law upon school districts
1969.
Proposition No. 2, $6,paying a price of 101.42, a basis
struction work have been adver¬
'of this class."-The enactment, at
SOUTH CAROLINA
000 in 1957 to 1961, $15,000 in
of about 1.87%. Dated Oct. 1, 1944.
tised for on Sept. 27, 1944;
any time prior to the delivery of
1962, $18,000 in 1963, $20,000
'
Due on Oct. 1 in
1946 to 1966.
Orangeburg, S. C.
2. That the aggregate cost of
the bonds of Federal legislation
in 1964, $26,000 in 1965, $25,Second highest bidder was Phil¬
Court Refuses Petition for Bond improvements will be about $500,which in terms, by the repeal or
000 in 1966, $35,000 in 1967,
lips, Schmdttz & Co., . offering Injunction—In an opinion handed
omission, of exemptions or other¬
ooo;
•■;/ ////"//••/,-{
$38,000 in 1968, and $43,000 in
100.33 for 2s. ••
down on Sept. 7 in the State Su¬
wise, subjects to a Federal income
3. $225,252.55 cash is now avail¬
1969.
preme Court, the injunction peti¬ able in seawall construction fund
tax the interest on bonds of a
McKeesport, Pa.
$547,000 Street Imp., Series 69
tioned for by James M. Brailsford
class or character which includes
from
bonds.
Due Nov. 1, as fol¬
proceeds of $250,000 3%
Court Trials Scheduled on Spe¬
against the city council of Orange¬ Seawall Bond issue dated Dec. 1,
these bonds, will, at the election
lows: Proposition No. 1, $18,cial Assessments Suits—The large burg, with reference to a bond is¬
/of the purchaser, relieve the pur¬
1940.
000 in 1945 to 1947, $19,000 in
number of suits brought by im¬ sue, was denied and the petition
chaser from his obligations under
1948 to 1950, $20,000 in 1951
$205,000 of said bonds are out¬
bondholders against was ordered dismissed.
-the terms of the contract of sale provement
to 1955, $21,000 in 1956 and
standing, and there is now $99,the above city, seeking payment
and entitle the purchaser to the
Mr. Brailsford sought to enjoin
1957, $22,000 in 1958, $23,000 •"*T?
718.13 to credit interest and sink¬
of
the
lohg-outstanding street A. C.
return of the amount deposited
Walker, Mayor, and H. H.
in
1959 to 1961, $24,000 in
ing fund account; and,
and sewer bonds will be tried be¬
with the bid. These bonds are is¬
Wannamaker and Daniel Doan,
1962 and 1963, $25,000 in 1964
4. As additional funds will not
ginning
October
23, Common
sued
subject v to
the favorable
City Councilmen, from
issuing
to 1966, $26,000 in 1967, and
Pleas Judge Harry H. Rowand de¬
be required for construction work
opinion of Townsend, Elliott &
City of Orangeburg bonds in the
$27,000 in 1968 and 1969.
cided on September 6, following a
for a few months, it will probably
sum of $210,000 to retire indebted¬
Munson, of Philadelphia, and will
be delivered to the purchaser only pretrial hearing, according, to the
loan
would
amortize
dates, and in 15 or
/debt will be cleared
—
—
.
,
'
.
•
■
<
,
'
1344
;
THE COMMERCIAL & FINANCIAL CHRONICLE
Proposition No. 2, $15,000 in
1957 to 1961, $31,000 in 1962,
$36,000 in 1963, $45,000 in
1964, $60,000 in 1965, $51,000
in 1966, $72,000 in 1967, $80-
;
000
in
1968.
and
$97,000
in
1969.
$150,000 Marine Creek Channel,
Drainage and Overflow Imp.,
Series 72 bonds.
follows:
as
Due Nov.
1,
Proposition No. 1,
in the
original instruments. Said
refunding bonds and the remain¬
ing $175,000 of old bonds shall be
of equal dignity in all respects
and
'
in
j.
1
with
of
the
State
their
Rep¬
district
proposed
to
mine
eral
Claims
Committee
for
spe¬
supplemental deed does cial appropriation at the next ses¬
not change in any particular the sion of the State Legislature. Outoriginal deed other than to per¬ of-State holders of such warrants
mit the $10,000 refunding opera¬ are requested to
notify the State
tion.
The supplemental deed will Treasurer's office.
Other
than
go into effect within two weeks
General
Revenue
unless objection is made in the warrants, all State warrants are
interim by any holders of 1940 cashable when issued and should
series bonds affected by its pro¬ be presented immediately for
pay¬
visions.
Prompt presentation for
:»:- ment.
payment of these warrants will be
Mission, Texas
;>:
greatly appreciated by the State
To
Hold
Bond
Election—An
the
on
is
scheduled
be
to
through a
single general fund. A large num¬
ber
1945, $11,000 in 1946 to 1952,
$12,000 in 1953 to 1956, $13,000 in 1957 to 1959, $14,000 in
1960 to 1964, $15,000 in 1965
to 1968, and $16,000 in 1969.
Proposition No. 2, $8,000 in
y
1
1957 to 1961, $18,000 in 1962,
$23,000 in 1963, $26,000 in
1964, $34,000 in 1965, $32,000
in 1966, $44,000 in 1967, $46,000 in
1968, and $57,000 in
i
)
'.
1969.
Dated Nov. 1, 1944.
-
Denomina¬
tion $1,000.
quired
Separate bids are re¬
Group A and Group B
on
bonds.
Bidders
invited
are
to
name
the
rate
bonds
will
bear, which must be
multiple of V\ of 1%.
stated in a
of
interest
the
Bids must show the gross and net
interest cost to the city.
No bid
for less than par and accrued in¬
terest will be accepted.
Complete
bonds and
approving opinion will
be furnished by the
city. Delivery
of bonds will be made at the
pur¬
chaser's expense.
Enclose a cer¬
tified
S.
for
of the
1%
of
the
face
bonds, payable to
City Secretary-
Birdsong,
Treasurer.
(City originally intended to sell
the bonds on
Sept. 27.—V. 160,
p. 1240).
;
Free port, Texas
—•
election
will
be
pass
issuance
the
on
airport bonds.
;
of
>%'„■ y
Sept. 8 by Jesse James, State
Treasurer, showing that the State
August 31, but had warrants out¬
standing in the amount of $6,989,148 to make its net cash
the
to
credit
of
dif¬
share
collected
The permanent school fund has
$3,074,566 and permanent univer¬
sity fund $3,524,158 awaiting in¬
vestment. State highway fund has
$4,175,898, which is in constant
turn-over in payment for road
pairs, maintenance and
tion.
;
re¬
construc¬
effective
to
which
will
money
Bank
of
v.'
County and road district bond
assumption fund was $5,683,318
The
sewer
system
to
general
fund
deficit,
erased,
be
permanently
$3,078,383.
Warrant
State
Call
to
do
payment
has
face
at
value
in
carries
ing No. 728,756. (1944-45
issued
interest and be issued in
exchange
for
outstanding bonds Nos. 161 to
165, both incl., and 171 to 175 both
They are to be optional on
interest payment-date after
1947, and will have
ma¬
turities similar to those contained
to
which -•includes
Aug.
prior
9,
to
for
and
on
series),
warrants
and
including
Sept.
1,
cause
of the State statute for two
years'
these
limitation.
warrants
will
void
now
Possessors
should
make
the
the
make
be¬
of
ar¬
and
•
ic
>:
•
i
5
<
>
announcement is
k;-
signed who
and
local
a
are
an
a
solicitation of
community
construction
public
needs
and
of
public
im¬
lying areas through special assesments, which led to financial col¬
lapse of many in previous periods
of
prosperity, by studying each
Bellingham (P. O. Bellingham), Wash. ;^
i
Issue
will
Proposal
be
no
has
no
authority
any
of
$2,000,000
of
in
the
$700,000 for the building of the
the proposed water¬
front
City
of.
together with
municipalities
other
This
was
definitely stated by
Beebe, Chairman of the
Dr. O. E.
Port
Commission, following
cent
mass
a re¬
meeting.
At
member
the
present time, the
Wis.
Bond
com--
at
$25,000
3%
price of 106.04, a basis of
about
1.231%.
Dated
May
20,
1944.
Denom. $500. Due $5,000 on
April 1„;from 1946 to 1950 incl.
a
Principal and interest (A-O)
pay¬
able at Town Treasurer's office,
Kenosha County (P.
O.Kenosha),
'
by John
C. Niederprim,
County Clerk, that
certain poor relief
bonds, Series
1940, Nos. 201 to 500, part of an
issue of $500,000, dated Nov.
1,
1940, are being called for payment
on Nov.
1, at which time interest
(P. O. Milwaukee), Wis.
Bond Offering—Nelson C.
Hall.
District Clerk, will receive sealed
bids until 7 p.m. on
purchase
Fifteen-Year 5% Convertible Debentures
(With detachable Stock Purchase Warrants for the
Purchase of Common
Stock).
o%
Sept. 27 for
$64,000 not to
interest series of 1944
bonds.
Denom.
Dated
$1,000.
Oct.
1,
Interest
Due Oct. 1, as follows:
$49,-
in
1949, and $15,000 in
1950.
No bids for less than
par and ac¬
crued interest to date of
delivery
will
be
be made
terest
considered.
on
cost
Award
will
the basis of lowest in¬
to
the
District.
Prin¬
net
a
in¬
municipalities
$30,000,000. Most
over
been done
through the Com¬
mission which
has
has
own
loaned money
to the individual cities and in
turn
issued
its
bonds
public.
As of Dec.
of
the
31,
hands
of
the
in
Canada
and
the
in
some
some
$19,229,000.
was
the
bonds
public,
payable in Canada and
able
to
1943, the
Commission
pay¬
United'
Of the 14
municipalities,
three,
namely, Montreal North, Pointeaux-Trembles
for
been
in
20
over
and
Saint
virtual
Michel,
bankruptcy
and it has cost
years
the other municipalities
compris¬
ing the Commission, including the
City of Montreal, an average of
approximately $500,000 each
for
the
past
these;-three
20
years
to
year
support
aided
municipalities
going into com-"
and prevent their
plete public default.
The Commission for some time
has felt that its entire debt struc¬
could?;be
beneficially
reor¬
ganized and ways and means de¬
vised to provide for the
liquida¬
tion of the debt of the three aided
.
municipalities
.
within
a
reason¬
able length of time and at
net
to
cost
the
a
lower
contributing
nicipalities! It is for this
that
Norman
pany
County
Whitefish Bay School District No. 1
000
Commission
financing for these munic¬
ipalities during the past 20 years
has
ture
Wis-
Bond Call—It is stated
1944.
the
of the
have
Sale —The
highway improvement bonds of¬
fered Sept. 20 were awarded to
Harley, Ha-ydon & Co., of Madi¬
son,
little
a
member
Hamburg (P. O. Coon Valley),
A-O.
INCORPORATED
mu¬
purpose
has been engaged.
S.
Taber
&
Com¬
According to Mr. Taber, he
pects
ex¬
tq render, within the next
two months, a complete detailed
report calling for the reorganiza¬
tion
of
of the
the
entire
debt structure
Commission, particularly in
connection with the
set-up of the
loans made by the Commission to
individual municipalities and
the
in his proposal to the Commission
he states that he believes the fol¬
lowing beneficial results could be
attained:
A.
,1. Over
.
%-•■/,
$1,000,000 will be saved
by the 10 autonomous municipal¬
ities in debt service costs
over
the
cipal and interest payable at the
September 1, 1959.
100% and accrued interest
life of their
District Clerk's office.
2. Over $100,000 will be saved
annually in the
assessment
charges to the contributing mu¬
nicipalities.
The bonds
will be sold subject to the
approv¬
ing opinion of Chapman & Cutler
Chicago. Printed bonds will be
furnished by the District.
Enclose
of
a
certified check for $500.
3.
All
existing indebtedness.
existing bonded debt of
municipalities
The Prospectus may be obtained
only from such of the undersigned
as are registered dealers in this
State.
the
CANADA
Clerk
MAXWELL, MARSHALL & CO.
call
Call—W.
and
for
H.
4.
Burns, City
Treasurer,
redemption
announces
on
be
time
Portage la Prairie, Mian.
Band
autonomous
will
ex¬
debtedness of these
States,
WISCONSIN
exceed 4%
TEXTRON
September 22, 1944.
the
amount
development.
refunding
BLAIR & CO., INC.
Montreal's
over
finances : although
Montreal is liable
of
Dropped
vote
first unit of
on
To mature
municipalities, the City of
Montreal itself is included in the
Commission but the Commission
created which result in
the
4To be dated September 1, 1944.
these
mu¬
approximately $47,
000,000. Sinking funds have been
general election on the
question of the Port of Belling¬
ham issuing bonds in the amount
v
provements in suburban and out¬
buy,
con¬
14
penses
and debts
incurred
and
contracted by the Commission.
coming
the
governments ; should
protect themselves against exces¬
by means of the Prospectus. This
behalf of only those of the underregistered dealers in securities in this State.
published
and
finances of
to
be
Local
offer to
the
over
for its proportionate share of
resources.
an
extending supervision
under
Bond
master plan
NEW ISSUE
Price
interest
Treasurer.
offer to sell, or
these securities. The offer is made
only
not
of
the
while
low.
ceases, at the office of the
This announcement is
vV
Commission. The Commission was
organized in 1921 for the purpose,
amounts
use
be the basis for postwar commun¬
sive
debt, to study the ques¬
reorganizing the financial
of
the
Metropolitan
of
ipalities
for
study of community needs
and community resources should
3.
000 of net
tion
bined gross debt of the 14 munic¬
—There
its
A
on
funding program was adopted by
the City of Montreal in the recent
settlement of that city's $227,000,-
Port of
greatest contribu¬
nation.'''
based
of Norman
Taber & Co., New York
municipal
financial consultants, whose re¬
Sale—The $150,000 water
establish
credit
community
planning,
above
gaged the services
bonds offered Sept. 14—
160, p. 1127—were awarded to
Fordyce & Co, of Portland, at a
net interest cost of
1.959%.
and
postwar uses; reserves should
protected and held until their
tion, to
still
are
eliminated:
and
ity
all
are
cash
works built around
Revenue warrants, dated
prior to
1942,
be
should
includ¬
1944, the total principal
being $551,323. General
amount
of
basis
Longview, Wash.
the
reduced
be
general
refunding bonds are
to; be dated Sept. 1, 1944, bear 2%
The proposed
warrants
was
James,
called
revenue bonds
originally issued in
the principal
amount, of $225,000.
revenue
soon
should
reserves
with
should
refund
readjust their debts
or
solid
a
Bond
in which
manner
should
municipalities
2.
Jesse
—
Treasurer,
account.
loans
Consult
Debt Structure
Commission has en
revenue
ing
the
only
alternative;
tax
anticipation and short term bank
to valid¬
as
ity.
made
in¬
WASHINGTON
affairs now." In view of
Debt
be
the
structures,
rates
pay-as-you-go
plans
continued
until postwar needs make borrow¬
general
Houston, trus¬
a
on
local: govern¬
able
the last unneeded. A law to trans¬
fer $1,500,000 of it to the
ate
highway motor fuel tax
Second
debt
this, the association suggests that:
1.
Municipal
Study
nicipalities in the vicinity of the
City of Montreal.
In addition to
call bonds
to
now
government
financial
clearance
of
reserves
Municipalities
which
have
that are
callable, or which
have not properly
readjusted their
the
$7,383,535 and Confeder¬
pensions at $2,711,520, most of
stood at
up
investments,
must
York
to
structure
7.
postwar period will be determined
largely by the
right
New
ants
The
v.
needs,
any
be
QUEBEC
Montreal Metropolitan Commissio
(P. O. Montreal), Que.
trol
the association said. "The kind of
things
share
a
bonds
strengthen
practices and financial
condition is more important than
indefinite plans for the future,"
ment
Prairie, Winnipeg, Vancouver
cipal.
association said.
"Such action
the
as
in such a way that they will
be available without loss of
prin¬
present
local
debts,
community
survey
them
building
and
of
reduce
la
Toronto and Montreal.
care,
plans
postwar
primarily
to
privilege.
vestments
establish cash reserves, strengthen
administrative organizations, and
local
:
Unallocated
Most
consist
and
revenues
a
should
fully in certain state-
come
6. In
seven-point
pol¬
a
protecting
governments
more
cash
financial
Proposed—
000 series of 1940 4% water
works
1,
117
ferent State funds.
the
asked
system and sanitary
Oct.
$41,308,-
the
outlining
Local
and not
program on "effective fiscal
icies for local governments."
efforts
government had total cash of $48,297,360 at the close of business,
212
board
com¬
levy.
5.
Officers Association said Sept. 11
in a statement by its executive
\vv>V:yy
Texas (State of)
Net Cash Balance Over $41,000000—A report was issued as of
of
overall tax
properly as well as plan for the
future,
the
Municipal
Finance
$75,000
with
supplemental
deed of trust, dated
Sept. 1, 1944,
permitting the refunding of $10,-
any
on
has
tee, to enter into
incl.
held
levies
special
interests and tends to increase the
ister their current financial affairs
Oct. 9 in order to have the voters
$657,526 in the coupon-pay¬
ing account and $3,688,144 in the
town
National
Hardgrave, City Secretary,
an
tax
plicates accounting, increases the
question of issuing $125,-
Refunding
Partial
The
that
separate
should
fund is yet undecided
check
amount
E.
G.
of
likelihood
,
J.
deter¬
to combine its funds and
its tax levies so all
general activi¬
ties can be financed
UNITED STATES
1967, $23,000 in 1968, and 000 water and
sewage
disposal
$30,000 in 1969.
United States
plant bonds.
$320,000
Incinerator,
Series
73
Suggests Effective Fiscal Pol¬
bonds. Due Nov. 1, as follows: y''y^y •
Palestine, Texas
Iy % icies For
Local
Governments—
Bond Election—It is - stated by
Proposition No. 1, $10,000 in
Local Governments must admin¬
in
to
mitted
Treasurer's office.
held
improvement
its
necessity, its propriety,
and possibility of payment.
4. Each
locality should be per¬
have them presented to the Gen¬
the
$5,000 in 1945 to 1951, $6,000
1952 to 1962, and $7,000 in
1963 to 1969.
Proposition No.
2, $5,000 in 1957 to 1961, $6,000 in
1962, $8,000 in 1963,
$11,000 in 1964, $16,000 in
election
1965, $12,000 in 1966, $19,000
.
rangements
resentative
Monday, September 25, 194
Dec.
31,
liquidated
now
prior
to
the
scheduled.
All
existing bonded debt of
the aided municipalities will be
liquidated within 40 years.
5. All term bonds
now
handled
through the Commission will have
adequate sinking funds.
1944, of all outstanding 41/2% de¬
bentures/dated Jan. 1, 1943, ma-j
6. The financial statements for
turing Dec. 31, 1972.
Debentures* both the municipalities and the
are
redeemable at the Bank
of] Commission can be greatly sim¬
Montreal in the Cities of
Portage
plified.
.
.
.
•.
@FedFRASER