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ONDAY
SEP 2 8 1943
KO*1
O
ct
ommezcuiL an
Reg.
Volume 158
Number 4215
New York, N, Y.,
General
RAILROAD
PUBLIC UTILITY
-
accrued
Power & Paper Co., Ltd.—Committee Named
Study Problem of Management—
A committee of three Toronto men
George A. Drew of Ontario in a bid
management"
In
that
find
to
appointed
"some
the interest of the
in
efforts
be
made
to
into
of
Premier
form
Office
Monday, September 27, 1943
of
said
Drew
management
INDUSTRIAL
-
dividends.
class
he
B
class A
and
Payment
will
be
stock, share for share,
stock
shares
no
verted
investors and company
normal
to
fat.
made
agent, One Wall St., New York, N. Y.
v.,
.
the committee Mr.
public,
restore
by
normal
»
.
announcing the appointment of
feeis it is
been
has
for the company.
S.
Price 60 Cents
after
class
26,
stock
A
at
the
between
called
so
Irving
Trust
Consolidated
Assets—Cash
14 and Oct.
1,
1943,
be
redemption may
con¬
1943.
,
The directors have declared a dividend of 75 cents
per share on the
class B stock, no
par value, and an extra of 25 cents in addition to
workers
could
not
$19,331;
$698;
plan of capital reorganization.
If the committee fails to arrange an agreement on a voluntary basis
without
agree
delay,
upon
a
the Premier said,
In
commission will be appointed "to
bring in formal findings to assist the Government in preparing legisla¬
tion which will bring this
unsatisfactory situation to an end."
Members
Dr.
man;
634.
p.
of
the
committee
Gilbert
Jackson
a
will
and
be
Frank
William
J.
Hughes,
Zimmerman,
K.
K.
C.—-V.
1
'
887;
Issue
'
Co.—Special Offering—Ilallgarten &
Co. and Shields & Co. on Sept. 20 made a special
offering
of 11,000 shares of capital stock (no par) at 11%
per.
Baltimore
share with commission 40 cents.
The
Boston
ly oversubscribed. Subscriptions
were
shares.
—V.
Allotments
158,
354.
p.
New
received for 35,465
on
basis
of
34.4%.
made
were
dividend
A
stock,
SI,
par
amounts
of
1942
were
23,
payab.e
follows;
as
Oct.
8
holders
to
April
on
6
and
declared
of
July
record
10,
Nov.
1
stock
and
cents.—V.
158,
Inc.—Stock
p.
15
30.
bent.
be
stricken
at
Payments
in
change dealings, It is announced.
that
transactions.in
the
be for cash only.—V.
time
Warrants
from
New
York
Curb
Oct.
on
29
and
30
and
1
The directors
have declared
dividend
of
25
the regular
and
quarterly dividend of 25 cents per share on the
both payable Oct. 15 to holders of record Oct. 2.
stock,
mon
amounts
paid
were
in
each
of
the
14
preceding
quarters.—V.
(&
Income
1943
Net
for
Years
Ended
1942
-
June
1941-:r
1940
.
;
Reserve
sales
Cost
$63,970,160 $49,603,421 $32,877,786 $28,068,043
sales—51,694.0.90
40,225,358
26,591,486
22,587,739
Of
Payable....
Sinking
Gross
Selling
prof, from oper. $12,276,070
*
3,706,373
Net
$9,378.0637 $6,286,299
3,311,206
expenses
Administrative
749,543
oper.
$7,685,869
$5,317,314
income—
profit
7 883,829
7,562
47,751
expenses
from
Miscellaneous
2,706,790
657,724
System
profit
.
i\7 '
iexchange- 7
55,000
taxes——7 f5,609,984
Depreciation
71,271
59,109
*3,107,618
765,733
—
and
Interest
$5,365,065
Provision
for
Additions
to
reserve
$2,857,133
442,546
,•
432,138
A
___________
for
7
.
contingencies
Loss on
chinery
141,000
——____-
bldgs. and
ma-
'
abandoned-.
—
1248
'
profit
$2,028,446
—_
Shs. cap. stk. outstand-
ing
(no
Earnings
♦Includes
$1,602,629
$1,600,153
$1,393,939
'800,675
•
812,220
812,220
$2.53
$2.00
profits taxes,
tlncludes
refund of $528,329) for excess profits taxes.
:
excess
Consolidated
-7
Assets—Cash
of
In
indebtedness,
inventories,
$485,663;
and
banks
Balance
and
$1,002,306;
$9,966,824;
.In
hand,
on
notes
post-war
Sheet,
and
June 30,
$1.71
(less
U.
certificates
S.
profits
$311,317;
payable,
Income
and
excess
accrued
liabilities,
is
Nov.
1,
15,
retired
Sept.
on
1943,
as
Airlines,
its
shares
of
of
Toward
directors
class
A
p.
going
this
A
to
stock
Nov.
on
15,
the
present
stock
A
be
a
into
fact,
which
Aluminum
at
may
1943,"—V.
call
may
class
an
B
called
for
result
in
and
all
sections^ of., the
country.—V.
is
early date, to, call
remain
'
.
' ' **
Other
American
1
Fed.
Stock—$2.50 Year-End Dividend On Class B Shares—
The
directors
and
Can.
$2,583,101
on
Sept, .14
called
for
redemption
15,000 shares of the outstanding class A
on
stock at $65
Nov.
per
15,
share
Dividends
1943,
and
•
Earnings per share
>-capital stock
;
1,832,182
••
made
on
In
conv.
1
to
1
May
issue
this
on
"
'
$2,385,443
$750,919
since
t
,
439,384
360,047
$1,498,369
$311,535
$103,397
31,103
9,776
17,310
$1,529,472
$321,311
$120,708
167,139
48,959
29,019
1,056,304
150,503
19,980
$306,029
$121,849
$71,708
59,658
$3.91
$3.09
„
decrease
electric
in
Sept.
22; had the
!
Province
power
-
modified
a
$0.72
'
decree
rates,
thereby affording a
subsidiary of the Amer-
official
loss of
said
the
revenue
modification
still
would
be
improved
the
considerable.
situation,
\
formation
of
Wyeth, Inc.,
as
Corp.—Merges Subsidiaries
one
of
the nation's largest ethical
new
was
23 by American Home Products Corp., of which the
will be wholly-owned subsidiary.
'
.
operating
announced
new
com¬
%
of
&
Brother,
Inc.,
of.
Philadelphia,
83-year
old
manufac¬
pharmaceuticals;
Mich.,
S._ M. A. Corporation of Chicago, 111., and
producers of products for infant nutrition; the Reichel
a
pioneer in the development of the new wonder drug, penicil¬
Laboratories, Inc., of Marietta, Pa., manufacturers of a
line of biologicals;,- Petrogaiar Laboratories,
Inc.,
of
Gilliland
Zealand,
and South Africa.
Harry S. Howard will head Wyeth, Inc., as President. Frank F, Law,
of John Wyeth & Brother, Inc., will be Vice-Pre-ldent in
charge
of the
pharmaceutical division of Wyeth,
Inc.
Clyde C. Max*-
shall, Chairman of the S. M. A. Corp. and President of Petrolagar
-Laboratories, Inc., and The Bovinine Co., will be Vice-President in
charge
•
"
Aires,
v
Mendoza
President
14,915
on
$1.23
from Buenos
of
Chicago, makers of Petrolagar; General Biochemicals, Inof Chagrin
Falls, Ohio, manufacturers, of vitamins, and The Bovinine Co. of Chi¬
cago, products for anemia.
Reichel Laboratories
has
been
authorized by
the Government to
spend $532,831 on new facilities to increase its production of penicillin.
All seven
companies are at present subsidiaries of American Home
Products. Corp., two of them having been acquired over the past year.
Through John Wyeth & Brother, the new company will have a world¬
wide operation with plants in England, Canada, Argentina, Australia,
'
29,823
dispatch
decree
tics and
$463,444
887,075
:
Press
.
the
Wyeth
lin;
1,232,418
.
-
were
first -made
158, p. 251.
share
per
$3 cumul.
payable Nov.
Inc., of Kimberton and West'Chester, Pa., one of the
largest producers of plood plasma for the Armed Forces and manu¬
facturer of biologicals, the Bartos system of allergenic protein diagnos¬
$1,695,863-
5,172,683
59,433
taxes
Bakeries Co.—To Redeem Part of Class A
distributions
the
cents
th.e
on
on Sept.
New
158,
37V2
1928,
Laboratories,
1940
$7,558,126
1,070,635
income
1941
$10,291,477
978,594s
of
comprehensive
129,583
exps...
of
stock,
new
Mason,
—6 Months-
19,471
gen.
B
series
Similar
were
Commissioner
25%
John
Subs.)—Earnings—
1942
a
turer
outstanding at the close of business
■'
/ ■
1943
class
The companies which will comprise Wyeth, Inc., include some of the
/oldest and most important units in the ehical drug industry. They are
conversion
$387,638
Selling and
...
11;
which
•
company
pany
intention, if
redemption all
7,744,497
____________
sales...
Other deductions
"
'
3
$1,587,856
of
dividend
a
of
dividend
drug houses through the grouping of seven companies
in. the pharmaceutical, biological and nutritional fields,
on
$1,568,386
sales
Cost
Oct.
last,
Federal
The
preferred
$2,546,980
Net
declared
share
a
American Home Products
-
com¬
157, p. 2442.
Industries, Inc.—(&
Sli,
total,
affecting another American & Foreign Power subsidiary in
Buenos Aires Province was suspended last week
pending further in¬
vestigation.—V. 158, p. 1125.
their
for
-12 Months
1125.^
'
the
redemption
substantial
it
(par
surplus,' $427,509;
..
% .;,
stock.
stock
B
common
&
A
realize,
class
prove
Class
(less U. S. Treasury notes,
$3,713,291; deferred liabilities, $1,173,-
Inc.—August Business Up—
to
this end,
cumulative
,
loads
stock-
that
the
class
and
$353,594;
$273,437;
stock,
earned
payable
stock
income,
income,
common
$4,479,470;
capital
.on
years
its
however,
corporation
capacity
several
and
position,
of
installment,
$53,333;
accounts
$488,472; provision for Federal
in August carried 2,043,958 pounds of air express,
according to Charles Rheinstrom, Vice-President of traffic, an in¬
crease of 67.3 %
over August,
1942.
Air mail carried during August
totaled 2,484,601 pounds, an increase of 92.1% over August, 1942.
The
average
payload per airplane mile was up to 4,688 pounds
compared to an average load of 4,276 pounds in August, last year.
The
passenger load
factor, according to. Mr. Rheinstrom, is 92.6%
with
for
company
7%
record
2,
although
ultimately should consist of but
outstanding
the
of
directors
the
deferred
$963,713;
accounts
Federal
taxes
of relief to the Andes Electric Co., a
Foreign Power Co. ,■
regulation makes the rate cut applicable to only residential
consumers.
These
represent 90%
of the company's customers, but
they consume only 25% of its power.
v..-
having regard to the: maintenance of the sound
position of the company and the retention of a
strong cash
have now made a partial call only.
The directors
Period Ended June 30—
American
of
1943,'
14,
board
company
1943
942.
p.
have
Associated
The
directors,
financial
333;, reserves
for contingencies,
insurance, etc., $611,652;
common
stock
(800,589 shares, no par), $4,864,581; initial surplus, $662,250;
earned surplus, $8,840,828; total, $20,719,056.—V. 158, p. 1125.
The
the
interests
"Capital Stock".
all
15,000
of
best
of the
par),
optional
1941.—V.
The
A
belief
the
stock
known
be
1940
"The
(est.),
profits taxes—estimated
series A and C, $2,490,019>,
tax
to
and
Nov.
prepaid insurance, etc., $397,695; investments, $4,337; plant
$4,257,299; total, $20,719,056.
•
77
%% j- 7
payable—current
in
$2,157,637;
taxes
the
class, to
stock
equipment,
Liabilities—Notes
been
it
that
holders that the
pany
receivable,
excess
has
past
post-war
1943
$2,447,297;
of
$1.97
one
accounts
refund
7
$5,283,295
of
Aug.
ican
with the call for redemption of the 15,000 shares of
stock, C. Stuart Broeman, President, on Sept. 15 said in part:
A
30,
$5,700,000;
for
Federal
$75,000;
surplus,
158,
reserve
for
reserve
measure
connection
"It
($1
l/64th"7Jf
ordering
following'class B dividends: April 1, $1; July 1 and Oct. 1, 75 cents
class
.
800,589*
par).^.——7
per share.'—-
June
—_
American
&
Foreign
Power
Co.,
Inc.—Argentina
Modifies Decree For Electric Power Rate Reduction—
each; and Dec. 24, $1.50.
Net
Sheet,
■
1259
paid
the
5,676
7.
_
A
stock,
holders
Reserve
quarterly of 50 cents per share on the class A stock, no par
value, all payable Oct. 1 to holders of record Sept, 14.
They also
declared a year-end dividend of $2.50
per share on the class B stock
and an extra 25 cents and the
regular quarterly of 50 cents on the
class A stock, payable Dec. 30 to holders of record Dec. 15.
Dividends
totaling 75 cents per share were paid on April 1, last, and on July 1,
last, on the class A and class B stocks.
In 1942, the company
40,636
Balance
$47,214;
contingencies,
directors
or
class
the usual
337,617
77,088
American Cities Power & Light Co.—Dividend—
An
419,682
7
270,268
72,269
payable—unsecured,
expenses,
paid-in
following:
$2,197,550
$300,648
342,067
,r
class
$28,414;
class
The
$2,807,972' $2,178,107
49,161
19,443
$7,693,431
for
cash,
-
Total
$331,658
308,388
"
1248
Federal
on
$645,327
-
stk.,
stock—i-:
taxes,
$40,000;
Transactions N. Y. Curb Exchange——. 1259
Stock and Bond Averages
1259
595,407
paid
$12,388,412.—V.
1276
Transactions N. Y. Stock Exchange.
$5,480,304
2,820,603
7
of
-
289,114
com.
accrued
stock,
Fund Notes 1242
1248
Statement
<■
$497,708
_
on
divs.
and
Bank
75,000
A
reserve
__*
Banks
Condition
62,000
contingencies
common
other
1237
1242
V:'
62,119
93,964
Consolidated
Combined Condition Statement of Federal
SO
74,378 '
.
Course of Bank Clearings.
Foreign Exchange Rates
Subs.)—EarningsAccount
185,430
on
Liabilities—Notes
The
Consolidated
322,708
$424,767
Assets—Cash
in
banks
and
on
hand,
$2,536,180;
U.
S.
savings
bonds, series G, $75,000; due from customers, $9,707,455; prepaid inter¬
est, taxes and other expenses, $22,009; furniture, fixtures and lease¬
hold
improvements
(less
reserve
for
depreciation),
$47,768;
total,
$12,388,412.
1275
1287
&
438,557
$500,000
311,653
1273
Markets
Calls
802,678
$1,142,410
141,096
Exchange—Curb 'Section.. 1275
State and City Bond Offerings and Sales..
158,
Redemption
Allied Mills, Inc.
Cash
B
Dividends Declared and
Like
452.
p.
799,668
348,090
taxes
income
class
1273
General Corporation and Investment News
com¬
1940
$747,475
$1,061,894
.
opers._
___*
Cash divs.
1273
will
share
1941
$938,557
;
Fed,
for
Net
1272
—
and
per
from
expense.______
for
Prov.
Miscellaneous Features
cents
1942
$1,945,088
prov. for
income
-•••■
extra
an
tax,
.
1272
Exchange
Over-the-Counter
Air Reduction Co., Inc.—Extra Distribution—
taxes,
inc.
Prov.
on
>5X-
profits
no
par
shares),
$4,907,375.—V.
156,
Corp.—Earnings-
$1,861,562
losses, prov.
depreciation
„
Interest
1272
.—V.
Exchange
Stock
and
(99,055
total,
-
members
Nov.
158, p. 1125.
Stock
Toronto
$126,-
wages,
admin,
Net
1272
Stock Exchange
Toronto
income
stock
$1,069,000;
1943
chgs.
serv.
and
gen.
exps.,
1271
—
____________
Montreal Curb Market
Ex¬
v//;
The Exchange has notified
warrants
St. -Louis Stock
Montreal
and
possible
_______—1271
Exchange
Federal
common
balance,
for
1271
Pittsburgh Stock Exchange
each; and
cents
Oper.,
1270
_____—
Philadelphia Stock Exchange
735.
Purchase
that
B
Li-'e
purchase warrants expire at the close of business
will
Exchange
Los Angeles Stock
class
pire.—W.--':
Common
Stock
surplus,
Years End. June 30—•
;i;- 1270
...
Exchange
accrued
$4,889;
reserves,
Income from
1270
Exchange
Exchange
accrued salaries
customers'
credit
balances, $14,333;
$19,118; accrued unemployment insurance
victory bond subscriptions, $8,622; accrued
American Business Credit
1265
___
Detroit Stock Exchange
the
on
last.
April 6, july 15 and Oct. 3,
Investors,
Stock
Cleveland
share has been
per
year-end of 35
a
Air
cents
disbursed
were
Dec.
10
$35,820;
$63,440;
benefit tax,
1202.
p.
1243
Exchange..
Stock
Cincinnati Stock
Aero Supply Mfg. Co., Inc.—Class B Dividend—
.
Curb
York
Chicago Stock Exchange
1
;
rebates,
age
Page
New York Stock Exchange—
quick¬
was
old
$1,070,635;
$1,569,920;
Stock and Bond Quotations
Express
offering
accrued
accrued
■
Adams
victory tax,
$19,605; employees'
professional fees,
$3,636;
158,
June 30, 1943
property taxes, $19,758; accrued capital stock tax,
manufacturers' sales tax, $8,187; accrued royalties,
accrued
accrued
tax,
Chair¬
C.,
This
Sheet,
hand,
on
payable,
trade,
$438,350; accounts
payable,
$399,028; accounts payable, employees and agents,
S.
Treasurer,
$16,119; accrued
receivership in 1932 and whose affairs since then hive
frequently before the courts because bondholders and other inter¬
ests
Balance
and
I.iabi itics—Accounts
U.
company
a
bank
in
$385,574; receivables, trade,
$l,i4(,<jl2; inventories, $1,063,083; accounts payable, debit balance,
$5,555;
due
from officers
and
employees, $49,777;
invested assets,
$!/,245; fixed assets, $2,061,354; intangible assets, $15,218;
deferred
assets, $39,481; other assets, $130,271; total, $4,907,375.
:.
except that no shares
Sept.
for
MISCELLANEOUS
-
Co.,
Class A stock may be converted
at'any time,
be converted
may
of
Oct.
INSURANCE
-
which went into
been
Copy
a
Corporation and Investment News
Abitibi
to
U.
•.
Rei"hel
of
the
nutritional
Laboratories,
biological division.
Inc.,
division.
Dr. John Reichel, President of
will be Vice-President in charge of the
•
Mondays September 27, 1943
1238
r
:
*\
Knox
Ide has been elected President and Walter F
Silbersack as
Executive
Vice-President and General Manager
of American Home,,.
Products Corp., Alvin G. Brush,. Chairman of the board,
announced
.
'
Sept. 24.
on
Ide
Mr.
products',
v
Their
'
.
1
.
■
.
,
Anaconda Wire & Cable Co.—Plea
Howard, foimei
of Wyeth, Inc.
Chicago—
Co.,
have been completed whereby approximately 96# of
.the outstanding stock of Price Brothers, Inc., has been acquired
by,
E. I. Kleinman, J. M. Doroshaw and J. S. Ackerman, general partners
Arrangements
and operators of a
Management Co., owners
Industries
American
in
of industrial concerns.
11
.
1
'
At a special meeting of shareholders,
Messrs. Kleinman, Doroshaw
and
Ackerman were elected directors and now
constitute the entire
board of Price Brothers.
At the directors' meeting that followed, Mr.
Kleinman was elected President; Mr. Doroshaw, Osborne I. Price and
John J. Schmidt were elected Vice Presidents; J. S. Ackerman, Secre¬
group
t
continued by Messrs.
Price, Schmidt and Nicodemus.
No change in the personnel of the
company is contemplated except that L. V. Roughan,
who until, re¬
cently was General Manager of the Schwarze Electric Co.—an American
Industries -affiliate—v/ill
join the company
to represeht the new
owners.
'#/"iV•■'• '-'/■
' YrY'
-■
-;:v
-YyvY/Y
Established in Frederick, Md., in 1920 by Osborne I. Price and as¬
sociates,! Price Brothers, Inc. is one of the larger manufacturers of
magnetic control devices for the radio industry.
At present the com¬
pany is engaged entirely in the manufacture of war products for the
aviation and other industries.
//#'•'/#////##:•'
Lee J. Carlin of Sonnencheln, Berksen, Lautman, Levinson and Morse
'represented the purchasers and W. Clinton McSherry and Edward J.
Smith
of
Frederick,
McL,
represented the Price interests.—V. ; 158,
p. 736.
; •
V/.; . ///Y///Y/;y
'
the
active
The
July 21—
Sell.,
1942
cents
1,890,282
/
ties—
a
SEC
bonds,
223,208
190,569
163,151
&
adm.
$1,017,684
$218,668
exp.
gen.
"
Profit
—
due
series D,
1948-53,
!
of
33.762
9,961
income
;
Net
:
tax
for
Prov.
inc.
Fed.
for
'$258,199
$1,051,446
$1,764,185
income
Total
Prov.
757,000 ■kl 342,000
tax.
$381,826
72,000
>
400,000
100,000
$607,185
$609,44G
288,526
$186,199
192,351
$3.17
65,500
-
$0.97
conting..
the
for
Dividends
paid
Earnings
year..
538,709
$3.16
———
share____
per
$316,326
192,351
SI.64
U.
372
and
the
lor
$65,954
years
•"Y',: .#/////
respectively.
1940,
.Consolidated
Comparative
•#•'/'
Assets—
Cash
banks
in
and
Notes
Current
of
and
•<$
season's
31
1942
:
550,000
in
or
370,868
564,262
crops
476,417
process
—
/-#-1,947,742
V
1. 482,037
41p,861
38,908
supplies...527,758
Hogs - and cattle—
_ /.i. _ _ ./:''
41,905
Plantations and other properties, tnett—1,770,415
Deferred
charges :
78,688
and- warehouse
Farm
•
$1 ,418,741
$1,614,774-
/
:
America#-#.
Liabilities—
Accounts
for
Prov.
and
Y
payrolls,
51-, 193
:
Kenneth
extra
for
for
'for
Capital
stock
(192,351
35,000
1,712,097
Total
1,024,281
955,806
$7,095,544
-T—_—-
158,
p.
of
9.71%-
week
energy
Sep.
the
over
of 1942.
output
%'
,
years
1
.
of the electric properties of this company
1943. totaled 81.351,000 kwh., an increase
of 74,148,000 kwh." for the corresponding
VY:/
'■
-
81,875,000
71,227.000
66,639,000
54,298,000
63,756,000
50.894,000
81,179,000
70,564,000
67,605,000
54,817.000
—V.
74,148,000
65,337,000
54,110,000
p.
Gas
indebtedness.
Federal
Corp.—Part
shares
Net
at $115
per
in
Co.
and one
Judge
and
1941
$502,915
$225,213
that
Leibell,
;
_
Social
security
178,179
168,409
Net
in
of
charge
//•-
charges
$528,698
$324,736
$56,804
Int.
Income
12,402
Extraord,
curring
(est. )—_.
and
$540,125
$338,337
$69,206
profit
4,703
2.133
"
1942'
1943
$2,273,033
426,679
sales
exps.
the
■
104,458
Earnings
per
■"Indicates
(no
been
Agecorp
$185,134
*$105,385
$2,603
common
SO.000
90,000
90,000
90.000
future
$2.80
deducting post-war refund of $12,0001
Note—Provision
$97,821
in
for
depreciation
excess
Nil
profits
$1,680,057
Assets—Cash.
$184,511;
tax
anticipation
to
$97,600
1943
■
and
certificates,
ment
$10,996;
ac¬
'
.
52,764,520
i.920,871
1,397,013
,1,852,241
L,849,045
245,662
;
„
/-'.•«■
V
12,794,271
10,156.761
3,079,550
273.834
247,841
409,379
239.879
778,613
1,425,405
28.037 236
14,467,518
10,566.140
5,319,437
1,338,271
667,123
1,172,408
1,131,956
f19,466,740
f9,037.250
85,541,043
.1,655.351
1,450,000
300,000
26,984,789
•#,
&
expenses
Pennsylvania
taxes
of minor, stock¬
in net profit
Drl,456.345 **X)r797,785
Co,.-
profit,.—...2# .#5,782,225
$2.321.462,total equities in earnings
Federal excess profits tax of
includes
in
Second
estimated
Y
80,543
Revenue
""Includes
and
equity
minority
of
158, p. 765.
$552,921
116,240
*555,000
*195,322
76,179
,*Less
or
share
J.
credit of
per
par).
$31,515.
954,165
$586,878
777,828
$360,502
648,191
$1,615,076
71,375
$1,364,706
74,625
$1,003,693
:•
76,597
.283,124-
*212,347
123,868
Assets—Cash,
67,737
198,187
—
61,989
$1,500,238
$1,198,589
141,562
141,562
$3,41
$4.16
$1,077,733'
81,260,578
48,078
$808,228
30,399
35,544
;
.
$1,042,191
141,562
$3,62
.
>
$777,828
141,562
$2.01
stock
profits, taxes,
tin addition to the 141,562 shares of
outstanding, };her<? are 62,530 shares reserved for the
of
the preferred stock.
"
counts
in
accounts
banks
and
receivable
on
Sheet,
hand,
(less
June
30,' 1943
$908,633; U, S. Treasury notes,
$765,729;. inventories of
reserve),
receivable,
$1,347,126;
,
$509,819;
Sheet,
June
30,
265,540
151,309
$611,711
Y 1
■
157,612
236,720
$1.00
S1.94
shares of common
■
v"'
1943
Government securities $707,978; ac¬
inventories,
$1,002,991;
plant property.,
S.
U.
$355,350;
charges,
deferred
./■""
■
-
—
$316,040
.
157,612
$0.98
tOn 315,254
declared—.....
post-war
($1
$1,061,499
32,745
194
144,290
272,986
*283,638
....
$310,296
paid
tEarnings
stock
taxes
profits taxes
income
Dividends
.
profits
excess
Federal excess
:
$1,059,044
/.;,/ 2,456
declared
and
income
normal
Fed.
1,459
927
.
17,825
$660,911
$462,716
$918,428
Miscellaneous
59,636
$833,639
51,439
1
2,131
.
disposal of fixed assets....
charges ——51,508
on
1941
1942
$460,585
1,725
/;
income
Gross
Loss
•
*
1943
Other income
55,643
Loco¬
'
Co.—Earnings—
operations—$916,703
from
Profit
Whitcomb
equity in the earnings of Midvale Co. for the
(before renegotiation of war contracts) in 1943
1942.—V.
in
The
■/
total
$1,749,993
was
$1,797,382
of
stockholders
',
Baldwin Rubber
$996,659
346,279
$1,241,046
25,134
Revenue Act for 1941.
new
^Equivalent to $4 45 per share on 1,263,653 shares of common stork in
1943 and S4.18 per share on 1,028,488 shares of common stock in 1942.
1940
31,010
$17,276,040
^Includes $2,139.000, for excess profits tax under
Act of 1940 and $636,000 allowance for increases
1942.
and excess profits taxes under a
in normal
of Midvale
profits tax post-war refund credit of $1,919,560) in 1943 and
excess
86,665,000
the
1;734,345
net
/includes
Co.
2,486,345
114,463,145
renegotiation of war contracts.
tAs stated in '1941.
The
profit is $1,393,882, or $1.20 per common share, for -this
"Before
other
$11,204;
assets,
$31,517;
total,
/• /,",'/ ■ ■
Federal Victory tax
withheld, $19,969; sundry accounts payable, $14,444; dividend payable
July 21, 1943, $39,382; pay-rolls and employees' bonus, $88,284; com¬
missions, $1,287;'FederaT income and excess profits taxes, $588,138;
Federal
capital stock tax, $5,000; Federal excise tax, $247; social
security taxes, $18,222; property taxes, $14,195; sundry accrued ac¬
counts, $3,633; reserves, $72,792; common capital stock ($1 par), $315,254; capital surplus, $94,443; earned surplus, $2,460,412;
total, $3.965,985.—V. 156, p. 1464.
.
'
$3,965,985.Y
y-;
•'
:..//\Y:;
Liabilities—Trade
accounts
payable,
$230,282;
Barcelona Traction, Light & Power Co,, Ltd.—Earns,—
Y
Years Ended Dec. 31—
Income
from
investments
*
1942
1941
$4,391,152
1,969,634
$2,862,249
$2,421,518
$1,305,693
.
in
Deductions
subsidiary
cos
;
1,556,556
merchandise,
1943
receivable—trade (less reserve of $1,500), $322,664; inventories,
assets. $24,871; improvements and contingencies fund,
$204,685; fund for replacement of copper rollers.sold to U. S. Govern¬
$509,640r other
u.
received
Midvale
of
conversion
$90,COO;
in
S
180,645,146
for contingencies.
Net
.
in
materials and supplies, $1,154,537; " advances. 011 logging
operations, $108,723; sinking fund-assets, $182,680;, invest¬
and
equipment,
advances to
affiliated company;:. $468,027;
etc., less depreciation,
plant," property,
$1,940,988;-:timberlands-Yless -deple¬
Balace
/
•
counts
■,'7
mi.scel.
&
Equity
$535,096
—/
share.-—
per
and lumber
June 30,
1940
.
1,849.475
Years Ended June 30—
$1,293,610
370,359;
"r' -v
'
69,551
.
72,715
381,424
$1,548,316
Assets—Cash
of $108,000.
amounted
t!941
1,415,126
'
Prov.
'
$780,985
52,654
Consolidated Balance
(after
1942.
Balance Sheet,
';
Subs.)—Earnings—
64.773,523.
income
income
Borden.—V. 158,
!
;
'
$1,814,240
dividends
$0.18
taxes
(&
" 1942
123.121,786
108,930.502
209,200.724
Note—Baldwin's
$550,630
dividends
Earnings
tlncludes
common
S
motive Co.
1,263,610
surplus—
Earn. surp. end of yr..
com. stk. (no par)
13.500
$2.87
■
"$33,576
record Sept. 30.
A like amount
1941, and on Oct. 1. 1940.--
of
"1943
-
.
Profit
reor¬
80,050
"+Shs.
$16,103
13,500
1
$29,312
of necessity *cer-
Federal
made
1,175,000
est.2L+.
-Surplus
*$91,885
deficit,
or
,h-1'
'V '5 .')
Other
of
$1,138,040
// 103,005
'
surplus
67,500
par.)
$21,507
•
Works
Locomotive
/tilicate facilities
revised
$1,756,640
——
profit
$252,634
share.—
loss
-
week
90,027
deducts.
taxes,
earned
$167,733
stk.
15,000
holders
$1,636,494
120,149
sales
Surplus adjust., net—^ .'
-
holders
expenses.—
and
Amort,
Canadian
and
Preferred
2,475
$257,733
13,540
share has been declared on the
per.
to
Depreciation
"
■"Includes-excess
com.
10
—_
Dividends
102,333
t276,000
£0,000
Surplus
Shs.
Cost
P.
54,500
__
10,891
20,000
'
-
1941
•
taxes-#-
other
Common
non-re¬
—,
4,600
14,117
•/
last year, on Dec. 22,
^Operating profit
H.
of
Corp. (& Subs.)—Earnings—
119,834
income
and
Prev.
8.528
dividends
cents
1,
Balance
S129.488
6,391
expenses
533,504
4,000
//■-:.//##/ /.#///;%//,,/#
437.
p.
Sales :
•
v
Net
Common
157,
i/A:'/'
16,415
;
taxes
502,230
350,000
12 Mos. End. June 30—
director/;Vice-President and Sec¬
'
income
Federal
$113,073
13,600
—
Depreciation
a
capital
from
profit
Net
81,000
——
50
164,379
11,426
income
1940
$518,645
82.
p.
Oct.
Baldwin
value
:
*
income
Gross
V.
.
final-payments have
•
taxes
$277,453
198,849
and
'/.stock
Tctal
Other
admin,
income
/
operating profit-
Other
&
local
State,
1940
#
Net
"
from
profit
Selling
sell,
expenses
158,
;
•
1941
$564,082
Avery Sons Co.—50-Cent Common Dividend—
payable
Net
1942
$727,548
admin,
152,
4.000
$174,376
paid on Oct.
was
these
has been elected
481.
Gross
1943
profit
of
407,694
602,225
for Fed. taxes
dividend of
A
stock,
^
report for the
'
158, p. 943, 545.
Y Years Ended June 30—
Apponaug (R. I.) Co.—Earnings-
Gen.,
notes
borrowing,
Stock
common
Cr3.030
(net)
"Loss,—V/
Output—
to fill vacancies caused by the death of H. L.
944,
Other
Gross
tax
long-term
$135,850;
1942
4,000
(B. F.)
full
L.
Vincent
Lemmon
B.
retary
pp.
1030.
Years End. June 30—
Treasury
for
reserves,
1943
"profit
period
F.
Nov. 1, 1943 :a
preferred stock,
share and accrued dividends.
The redemption
applies to holders of record as of the close Of.business Sept. 17, 1943.
Payment will be made at the office of J. P. Morgan & Co.^ Incorpo¬
rated, purchase fund agent, 23 Wall St., New. York, N. Y.—V.- 158,
$100,
S.
bank
to
7,620
Provision
Atlantic Coast Line RR.—New Director—
■
Called—
of Preferred
U.
(less
$1,135,191 <; $464,092v
.Inter.est
(after
Approval of
ganization proceedings.—V.
.
has called for redemption as of
of its outstanding 5% cumul.
corporation
of; 4,326
31—
Depreciation
settlement of outstanding certificates
payments/one in the amount of
in the amount of $240,739,'was given-Sept. 22 by
Trust
Atlas Plywood
Viscose
.
;
place
Corp.—Certificates
Eleetwc
&
announced
have
trustees
Guaranty
Gross
The
total
p.
H,i
director'-in
a
,
$2,000,000
'
1126.
American
par
elected
been
51,949,000
158,
estimated
taxes,
,
1127.
The
48,974,000
81,351,000
—
charges,
Sept,.
to
44,270,000
18+
Sept.
years
Associated Gas & Electric Corp.
of
trustees
of
44,893,000
72,542,000;
1U
Sept.
fhcome
Other
period/ and
1939
1940
■1941.
1942
deferred
./;. /■
profit on sales,/
Sell. & general expenses
Trustees Paid in Full—
last
81,556.000
28
Sept.
4{Aug.
income
•
..
1943
Week Ended-
35
36,299,199
of weekly output of electric'energy for the
:/ Y-Y '•
:// / :
table
follows:
Comparative
five
18,
has
Bates
O.
Associated
week ended
the
$429,222;
equipment,
$1,998,367.
Gross
17, net electric output of the Associated Gas & Electric
group was 133,390 units (kwh.).
This is an increase of 8,333,101 units
01*
6.7'(
above production of
125,278,289 units .,a year ago,—V. 158,
856.
of electric
Output
U. S. ^Treasury tax
$1,200,000), $203,600;
of
Austin, Nichols & Co., Inc.—Earnings—
preferred shares will be taken from the list
Exchange at the close of business Sept'.: 30.
The
American Water Works & Electric Co., Inc.—Output—
for
1943
liability
tax
and
plant
property,
4 Mcs. End. Aug
i
company's
ended
P.
—V.
to
applied
30,
June
deposit, $144,492;
on
..
2,884,000
1,712,097
—
——
—
portion
Sheet,
and
1272.
##%'■■
•
Associated Gas & Electric Co.—Weekly
28.344
2,884.000
—
——
—
surplus
sharesi—
for
post-war
(par $1), $103,953; earned surplus, $879,389;;,total, $1,998,367.—V.
p.
Int.
100.000
30,944
par
no
hand
on
total,
Federal
of the
Montreal Stock
These
are
being redeemed at $110 and accrued dividend.—V.; 158, p.: 1030.
/' ■
354,577
taxes——
insurance.—
self
surplus
Earned
income
contingencies.
Reserve
Initial
35,000
651,868
/" 500.000
—
Federal
for
provision
deducting
S.
Associated Breweries of Canada, Ltd.—Stock Off List
The
management
to
compensation
employees
Provision
Reserve
96,497
expenses—
(less
$1,200,000), $14,014; notes payable
$80,000;" long-term debt, $200,000;
$132,878
122,542
.
.
;
and
taxes
/'
Jr., who resigned on account of ill health.—V. 158, p. 1126.
$6,299,199
$134,812
,
..
.
payable
Accrued
Springs
$124,393
tAfter
period.
payable and miscellaneous accruals, $131,746; adjustment of war contract prices upon renegotiation, estimated,
$180,000; deposits by foreign customers, $101,736; pay-rolls, commis¬
sions and bonuses, $121,096;
taxes, other than income taxes, $50,582;
deal whereby the company will lease the
a
Hot
and
1941,
31,
same
Co.—Will Lease Hot Springs
Armstrong Cork Co.—New Director—r
045,173
$7,095,544
——
of
Co.
Dec.
the
Liabilities—Trade accounts
•'
Smith
Total
ended
for
tax
.
tobacco.of prior season's
and
harvesting
:V':':;'Y
•
July
1943
•.
.
«net»
harvested
crops
■
securities—
receivable
accounts
/
/-.i
hand
on
Government
States
"United
Sheet,
Balance
months
tax. and
normal
$36,000.
$172,312;
Citizens'
with an option to buy was
completed Sept. 16 with signing of a lease by C. Hamilton Moses,
President of A. P. L., and officials of the Federal Light & Traction Co.,.
the holding company which owns Citizens'.
•
% "
.
:
Under the contract, approved by the Arkansas: State Utilities Com¬
mission. A. P. & L. will take over immediate control of the Citizens'
Electric. Co., which supplies Hot Springs with electric/power.
/
A.
P.
&
L. has .an option
to purchase the utility at a price of
$2,000,000 after six to 10 years.
The lease rental price was set at
$225,000 a year, with $25,000 of this sum to go into a depreciation
fund to keep the utility properties up to their present; value.—V. 158,
,p. 1126.
;:#/■•;
.. -yp,
f /••-/'' ■.p'i-'r-.-ly#.#/#/
Consummation of
Electric
$127,167
Federal
savings bonds, $20,868; trade accounts receivable (less reserve of
$50,000), $520,947; inventories, S456.785; investments and other assets,
•
'
Utility—
'
amounted to $67,387, 868,980, $67,ended July 31, 1943, 1942# 1941 and
*799,393
100,000
of $71,729
Assets—Cash
notes
Amount
.
.
Annuity Association of
Arkansas Power & Light
Note—Provision, for depreciation
*121,729
surtax
profits
York_____Y„—/■' $425,000
of Canada
Co.
Assurance
Insurance &
80,000
11,128,000
—
—
for
provision
six
of
•
Profit
i
the
excess
on
50.000
50,000
Provident Mutual Life Insurance Co. of Philadelphia— v,
40,000
Proceeds will be used to reimburse the company's treasury for sums
spent for additions to facilities.—V. 157, p. 1127.
'. "J'
1
j
Life
—
/+/.+———$184,632
profit
"Includes
for
y:75,OCO
3V4% series D, Equitable Life Assurance Soclqty of ;the U. S.
750,000
Metropolitan Life nsurance Co. '
•- 550,000
; Massachusetts Mutual
Life Insurance Co
1— ^
60,000
Sun
150,000
tax
'
series C, Guaranty Trust Co. of New
Teachers
renegotiation
Provision fov post-war adjustments
Central Hanover Bank & Trust Co.
11,399
39,531
.
prices'upon
adj. of
Excess profits
■
Other
for
-
'
Purchaser—
2,932,753
,843,124
8,29a
contracts
war
refund
'
$4,932,463
3,718,070
1,105,108
r
8,028
#—
expense
Provision
six insurance companies, as,/
to
•
1,576
$6,373,839
Y-
Normal income and surtax
on
3.ft#.,
2V2C
$370,427
.
Interest
-
•
1942 ]
$4,930,887
4,205
.
^
—
to
series
'
'
.
1943
$6,369,634
,
.
Cost of products sold.——
Selling, admin, and general expenses
the date of closing, of $500,000 first mortgage' bonds, 214%,
C. due 1945-47, to two banks, and $1,500,000 first mortgage
1943,
,
Total
Sept. 22 issued an order permitting to become .effective
declaration relating to:
•'••,
vY# Y/v.Y v#
(1) The issue and sale at par and accrued interest from Juty 1,
The
'
income
#
Co.—Private Sale of Securi¬
Louisiana Gas
■■'■-'YY '
'.
Co.—Earnings—
sales..
Miscellaneous
$50,141;
$2,489,501
1,955,922
138,475
Net
A like
during
20, 50
635.
disbursed
was
Arkansas
•
■
$2,247,425
2,088,488
but
share
cents-per
25
payable Oct. 18 to holders of record Oct. 8.
on April 19 and on July. 19, last,- while
the following
payments were made:
April 20 and July
each; and Oct. 19 ancl Dec. 21, 25 cents each.—V.- 158. p.
amount
1940
1941
$3,296,740
$1,754,224
—
sales--v.-
of
1942
1943
$4,454,386
2,476,954
sales——
of
dividend
a
capital stock,
the
.#:.;■.//■////:'
'
Balance
declared
have
directors
follows:
Years Ended
Cost
944.
p.
Dividend—
25-Cent
ings—
Net
158,
$54,939;
Years Ended June 30—
Five Individuals were also indicted with the company,
motion does not apply to the individuals. :#;^
present
The
(& Subs.)—Earn¬
American Sumatra Tobbacco Corp.
Changed—
Sept.
jury trial.
Assistant Secretary/;:
Treasurer, and Aubrey A. Nicodemus,
management of the business will be
and
tary
contingencies,
—V.
District Court at Providence,
to
file a
of
the company.
The latter was indicted for conspiracy to defraud the
U. S. Government through the manufacture and sale of defective wire
and cable.
This indictment was returned; in January.- Subsequently,
the company pleaded nolo contendere to a similar indictment
in the
Federal Court in Indiana,, and paid a fine.of $10,000. Because of this
action, attorneys for the company claim that their plea of not guilty
in this court should be withdrawn and plea' of double jeopardy accepted
by the court.
'
\1 "
/,■ v
'. / •&
<«
1 y'
The Government offered no objection to the filing of this motion
but informed the court that it
would meet the issue when the case
is heard on Oct. 5.
Edward H. McEntee, Assistant U. S. District At¬
torney, informed the court that the Government was anxious, to get
this new motion out of the way and to have the case assigned for a
Expansion Announced—
Further
$113.-
cumulative convertible preferred stock "1 par
$20), $1,250,600; common stock- (141,562 shares, no par), $1,845,236;
paid-in surplus, $66,796; earned surplus, $1,500,238; total, $6,488,007.
for
20 granted permission to attorneys for the company
motion setting forth a plea of double jeopardy in the case
I.,
income
Federal
security taxes,
094; other accrued liabilities, 8143,613; deferred credits, $56,326; reserve
in. the U. S.
P. Hartigan,
Judge John
R.
$172,164;, estimated
payable,
accrued taxes, .including social
$1,285,000;
taxes,
Atlas Press
-
Management
Industries
American
,v
Home
452.
p.
■:
the election of Harry S.
Products, as President
follow
American
of
158,
.
v'V'
.
promotions
President
—V.
.
Vice-President of the corporation ancl
Vice-President in charge of all advertised
been
has
//■'
.
Liabilities—Accounts
,
■:/, /Y/y1 Yv;/Yvv//
Liabilities—Accounts payable,
$137,110; dividends payable July 20,
1943, $22,500; accrued royalties and taxes, $24,107; reserve for im¬
provements and contingencies,' $204,368; reserves for replacement of
copper rollers, $91,502; capital stock (90,000 shares, no par), $900,000;
earned surplus, $1,682,813; total, $3,062,400.—V. 157, p. 126.
/yy-Y//.,;yy
charges, $50,531; total, $3,062,400.
Executive
been
has
Silbersack
Mr.
$l,663,OOOt./; deferred
equipment,
and
plant
property,
$91,502;
ment,
Personnel—
Changes In Executive
tion),
refund
ments
$669,919;
(est.),
and
other
assets, $34,223; post-war Federal income-tax
preferred stock in treasury, $15,502; prepay¬
charges, $39,043; goodwill, $1; total, $6,488,007, •
$110,000;
deferred
carried to statement
"
Assets—Capital
.company
due
and
on
surplus
account,
$74,001,274;
indebtedness of
subsidiary
and current account, $6,324,647; bond inferest
subsidiary company and unpaid, $20,572,683;
advance
accrued
of earned
Balance Sheet, Dec, 31, 1943
from
yolume 158
Number 4215
THE COMMERCIAL & FINANCIAL CHRONICLE
for
aggregate deficits in' the accounts of the subsidiary com¬
panies,
D)-$16,530,489;
shares in other companies,
$15,000;
sinking
fund
investments,
$2,093,514;
floating assets, $746,442; total, $87,-
seserve
223,0^1.
in
interest,
capital,
$42,022,613;
funded
$39,555,900;
sinking
fund
reserve
$87,223,071.—V. 156,
for contingencies, .$400,000;
operating
Gross
operating
519,515
352,586
3,504,300
3,010,706
*$128,674
*$26,441
$1,713,327
Crl5,608
11,056
878,523
accruals._
tax
Net
income
Inc.
charges
Amort,
of
4,776
$5,444
1,898
.
1
ment
11,404
"■?
income
50,982
58,943
debt
$1,048,692
$952,064
411,995
474,249
31
22
,
6
764
789
6,263
*$52,396
$630,403
$471,402
"After
Balance
Assets—Cash
$950,022
which may become effective in
to the outcome
of
awards
wage
Sheet,
$950,022
964;
276,000
June
SO,
$674,022
of
Federal
276,000
276,000
SO.76
$3.44
profits
excess
$903,652';
tax,
result
of
reduction
a
Demands
the
in
above
charge,
after
adjustment
of
Net
increases, retroactive to March 1, 1943, have
been made hy the operating crafts and Still are
pending;; no amount
has
yet been charged to operating
expenses
in anticipation- of an
award, but on the basis of the suspended award to non-operating
employees the
six
months'
accumulation
would
be
approximately
$27,000.—V. 158, p. 945.
wage.
capital
Profit
Other
2,754,693
sales.
65,066
profit before Federal taxes,....—$369,614
for Federal taxes
*217,084
per
Federal
Net
$154,609
74,660
Assets—Cash
hand
on
life Insurance
and
counts
and
deposits, $587,954; U, S. tax
bonds, $101,800; cash surrender
aggregating $310,000, $111,527; ac¬
$236,461; inventories of raw material,
stock
$149,080;
$1),
(par
'
paid-in
surplus, $86,181;
p. 156.
earned
of
life
Profit
Other
from
Total
,
s
Interest
Sur¬
until
10
Oct.
on
paid'and
bank
charges-__.____.____.
.1
be
made
-; '
the
to
offered.—V.
extent
156, p.
V-v
-
bids
for
the
sale
to
it
the
of
1'\
■
first
available
t\-
*
-r
-■
funds
the
at
y
1 "
»»
lowest
,J: i
prices
Nov.
cents
stock,
common
distribution
1942.—V.
2,
made
158, p.
1,
$615,055;
The
annual
for
report
the
of Contracts,
and
subsidiary
$1,389;
Etc.—
to
the
of
of
this
agreement,
United
the
States
income
Federal
and
the
the
company
excess
to
profits
:&fter.all taxes.
.
Net
^
the
Management,
Defense
Tke
could be required
Plant Corporation.
estimated
reflected
surplus
of
the
during
the law
The
to
31,
and
of
in
settlement
earned
liability
and
that
used
in
renegotiation
surplus
as
which
will
the
be
by
dated
adjustment
conversion
usual
of
facilities
to
product will take
the
production
some
time
and
of
and
payable on 6% cumulative preferred stock
(consolidated)
held
by
minority
interests,
-
and
State
income
taxes
and
Federal
items
volume
so
of
;
.
Service
$8,178,000
$62,693,000
158, p.
*
'
*"•
$53,929,000
$3,255,413
1,974,670
r '
1943
1942
$5,992,000
$5,350,000
1128.
v
*
' 1
income....
____
''
Net
'
'
sale^
$
$578,895
$474,379
208,502
208,501
885.
$
'
for
the
$2,71
month
$12,688,869
of
for
$1.75
amounted
August,
1942,
to
1943,
while
net
$4.67
amounted
profit
for
$817,493,'and $418,062
to
$3.07
$15,371,166
the
in
month
1942.—V.
directors
the
on
$20
on
par
Sept. 15 declared
value
the
preferred
common
a
stock
dividend of 25
and
a
on
as
of
per sham
12Vz centa
payable Oct, 29 to holders, of record Oct. 14.
of 12 V2 cents each were made on
the
stock
common
Feb.
$, May 4 and AUg. 9, last, and on Aug. 8 and Oct.'31, 1942,
against 25 cents each on Jan. 31 and May 7, 1942.
Earnings for Nine Months
Ended June 30
1943
1942
1941 '
$17,360,992 $16,704,455 $13,726,457
Net Sales
prof, after all chgs.
Outst.
shs,
Earns,
per
'
cents
dividend
stock, for the quarter ending Oct.'31, 1943,
of
*483,046
837,940
638,410
638,410
$0.58
$1,14
stk.
com.
.'V
share
-
'
1940
&9,599,547
1,208,704
305,458
638,410
i
638,410
$1,72
'
$0.30
•
"After all
charges, including write-off of $225,254 of the unamortized
discount and expenses, and the
-redemption premium applicable to the
10-year 4y2 % 1947 debentures of the corporation which were called
for redemption during July, 1943, and after provision for income and
excess
profits taxes as computed under the 1942
.
.
in
Imperial and
solidation
acquired
bined
Valley
$6,000,000
operations
cf improvements
properties,
system
designs
over
.
Official Promoted—
Carleton
had
Imperial
District
of
(Calif.)
power
have
bond
approved
issue
to
an
Imperial
finance
Irri¬
purchase
in
$750,000;
a
the
Preliminary
District's
additions
and
three-year
for'the-power
plant,
period,
$75,000.
.
expenses,
present
power
betterments
$205,000;
$70,000;
system
of
the
investigations
been
poration,
Smith
has
financial
a
been
research
appointed
advisor
RFC subsidiary.—V.
to
Assistant
the
to
Rubber
the
President.
of
con¬
and
com¬
and
Pacific Ry.—Buys $5,016,500 of Its Bonds—
This
Pacific System, on Sept. 17
retirement of $5,016,500 par value of its
bonds, due Aug. 1, 1949, during the first
six months ended June 30,
1943.
In a series of New York Stock Exchange transactions $1,530,000 par
company,
reported
the
a
unit
purchase
in
the Southern
and
.first refunding mortgage 4%
value
purchased at a total cost of $1,423,618,
acquisitions aggregated $3,448,500 par value
were
counter
while .over-theat a gross cost
Company, Publishers, 25 Spruce St.: New York 7, N. Y., BEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
Riggs, Business Manager. Published twice a week
[every Thursday (geneial news and advertising issue) with a statistical
on Monday]•
Chicago—In charge of Fred H. Gray, Western
Representative,- Field Building (Telephone State
0613). Londom-Edwards & Smith, 1 Drapers' Gardens, London, EC.
B. Dana Company.
Reentered as second-class matter
February 25, 1942, .at the post office at New York N. Y
under the Act of March 3, 1879.
Subscriptions in United States and. Possessions,
$26.00 per year; in Dominion oL Canada, $27.50 per year. South
and central America,
Spain, Mexico and Cuba, $29.50 per year; Great Britaii^Omtinental Europe (except
and Africa, $ul.00 per year. NOTE;-On account of the
fluctuations in the rates cf exchange, remittances for
foreign subscriptions and advertisements must be made in New Yo_k funds.
offices:
.
He
Development Cor¬
158, p. 946.
The Commercial and Financial Chronicle
(Reg. U. S. Patent Office) William B. Dana
William Dana Seibert, President; William D.
of
158,
Celotex Corp.—12 V2-Cent Common Dividend—
The
527,889
199,729
t
946.
p.
$1,201,997
200,688
stock
share____
!
1943—12 Mos.—1942
'
80,365,498 172,027,819 114,818,927
3,303,492
8,804,117
,5,795,366
5,105.161
August,. 1943,
1,809,826
512,492
'
:
r
'
110,224,467
against
as
.
$1,292,075
tax.
1943—8 Mos.—1942
'
S
' ' ' "
J
•
'
sales
Earnings per
$1,193,497
8,500
_r_.
income
'
'
$3,003,323
11,331
on'preferred
p.
,
Distributions
1942
$1,280,744
______
Ry.-^Eamings—
__—
profit
both
1943
from
Federal
Pacific
earnings
Net
Co.—Earnings—
•
are:
different
:
26,241,000
$236,967,000
227,310,000
183,038,000
Caterpillar Tractor Co.—Earnings—
excess
the company'sproperties in Imperial and
Coachella-Valleys.
About
31%. of the District's- registered vote was
cast,
with 1,862 ballots
favoring the issue and 991 opposing it.
:
Of the entire issue,
$4,900,000 is for the purchase price of the
properties.
Other'allotments
1943.
company
the
158,
Voters
has undertaken the manufacture of torpedoes, under
prime contract with the.U. S. Navy, and,
sub-contractor, is manu¬
facturing parts for turbines in connection with the Naval
shipbuilding
program.
Other items are now under consideration.
The
accrued
taxes
dividend
income
gation
a
from
Ry.—Earnings—
$9,062,000
Period End, Aug. 31—
'
'
$174,7,68; miscellaneous
withheld, accrued salaries and
California Electric Power Co.—Sale
Coachella Valley Properties—
business will yield
on bases
26,
'
-.•■■
Revenue( Act.-
to
renegotiation,
May
for
Dividends
shipments will be made
subject to renegotiation under
carefully reviewed.
Based on such
recovered
Net
—V.
are
agreement
—V.
is
an
'!•:
30,625,000
revenue
Net
revenues
_
Provision
which
on
Sheet, May 31, 1943
Net
of
renegotiation
.v,,
"
158, p. 885.
Traffic
payable—merchandise,
for Federal
corporate
Deductions
v-'tV-Vsi/.vX'1'
stands have been
profits
those
of
for
t
:
(less U.
Gross
.
the
1942.
sub-contracts
1943
now
of
Management is of the opinion that such
excessive
similar
amount
statement
Dec.
year
it
as
.review, the
no
the
in
as
contracts
All
net
hand,
on
shares,
expenses—
Canadiah
for
earnings
income ;
Other
•
reserves),
$481,898;
from
Week Ended Sept. 14—
v
'company
reserve
Operating
•
(less
supplies
and
California Water
signing -erf this agreement Congress has amended, re¬
troactively, the renegotiation laws to include, among other items,
sales to
the Defense Plant Corporation.
A considerable volume of
.the company's sales in 1942 were to Defense Plant
Corporation.
Al¬
though the company has not as yet been approached on the
subject,
provision has been made for an additional $575,000, representing the
-maximum amount after adjustment for taxes
which, in the opinion of
sales to
{hand
Balance
stockholders.
common
12 Months Ended Auggust 31—
the
Since
and
value),
156,
.per share on
to
pay
Net
.
the Treasury
$3,200,000 before adjustment of
taxes,' or approximately $882,800
of
sum
agreed
receivable
materials
surrender
11,141
5,924
S. Treasury tax savings
notes, $200,000), $234,800;
contingencies, $50,000;
minority interest in subsidiary
company's 6% .cumulative preferred stock, $92,600;
minority interest in
common stock and
.surplus, of subsidiary company, $27,501; 6% cumu¬
lative preferred stock
(par $25), $345,550;
common stock
ipar $1),
$149,966; earned surplus, $234,902; total, $1,410,958.—V. 156,
p. 1465;
showed profits subject to
renegotiation under Federal law.
The company has since been through
such proceedings and on May 26," 1943, signed an
agreement covering
all of the business for 1942 then subject to
renegotiation.
Under the
terms
"'4,846
pref. stock—
in banks, $461,383; merchandise inven¬
receivables, $6,646; cash surrender value
policies,
$21,056; other assets,
$40,640;
$221,472;'deferred charges, $14,707; goodwill, $30,000;
on
payable,
expenses," $99,481;
1942
year;
cum.
miscellaneous
Liabilities—Accounts
reserve
Bullard, President/ in a, circular letter dated Sept, 11
stockholders, says in part as follows;
(cash
&■■■■
Operating
life -insurance
-
assets,
profits tax
Bullard Co.—Renegotiation
and
receivable
Canadian National
$0.39
officers'
•of
543.
E.' P.
accounts
products,
Period End, Aug. 31—
1943—Month—1942
1943—8 Mos.—1942
revenues' t $39,687,000 $34,419,000 $290,003,000
33,640
Assets—Cash
...
l
$29,295;
.Operating
$88,607
^ $0,51
accounts
May
on
$8.34
800,000
1
$77,466
fixed
and
'$7.77
of
1323.
p.
50,000
-$108,079:'
$97,308
.total, $1,410,958.
last,
148,369
...
"■Proportionate, share applicable to
of
p. 35G.
May
on
$8.06
VJ-v::'. '■'■•i."'•'
profit—.
Consolidated
share has been declared on the no par
1
to holders of record Oct. 4.
Nov
A
per
payable
was
442,146
___
dividends42,483
.•
Brooklyn XJnion Gas Co.—25-Cent Dividend—
dividend of 25
profits tax
Earnings .per,.common"share^^i____:___^._t.__
Bridgeport Oil Co., Inc.—New Name—
A
457
taxes
-V.
tory,
similar
income
contingencies
Consolidated i net
.Cash
-
value
State
Divsf'on"Pollock's,'Inc.,"'6%'
has
Bridgeport Machine Co.—V. 158,
2,541
54,768
*\
the Bridgeport
changed its. name to the Bridgeport Oil Co., Inc.
Effective Sept, 21, the new name was used in the trading in the com¬
mon stock, no par value, and the 7%■ preferred stock, $100
par value.
V. 158, p. 356.
See
1,209/
~53~699
amortization..
8,106,942
•:
: :The New York Curb Exchange has been .notified, that
Co.
and
excess
for
and
-J ■. i^et,profit
Proportion'ate.share/of net profit applicable to
v minority, stockholders
of/Pollock's,
Bridgeport Machine Co.-^New Name—
Machine
for; Federal
Federal
Provision
Mich.; ''
of
1014.
'
depreciation
and
fund
$294,743
deductions /_'_•__
900,000
8,761,970
Liabilities—Borrowings from bankers andi others, $9,275,363; ac¬
counts payable
and accrued charges, $2,694,173; reserve for
income,
sales, municipal and other taxes, $2,165,131; accrued bond
interest,
$6,785;
dividends
payable
on
common
shares
April
1,
1943,
$200,000; funds held in trust, $320,167; collateral trust
debentures,
$750,000; reserve for depreciation, $13,867,247;
surplus on appraisals,
$5,617,483; capital (200,000 common shares of no
par), $1,438,284;
earned
surplus
account,
$10,384,853;
total,
$46,719,485.—V.
7,321
$655,133
_______
for
Church, Detroit—Tenders—
receive
1
$287,422
8,159
income
Miscellaneous
bonds, due April 1, 1952, to an amount suf¬
to absorb $7,748.17, now held in the sinking fund.
Purchases
ficient
will
m.
a.
sinking
1942 -;;:
$646,974
800,000
9,573,435
insurance
bonds
balances
3,592,698
operations.
in
ment
$3,880,120
income
•8,906,942
invest¬
$136,287;
prepaid
expenses,
$334,795;
employees for Victory Loan bonds, $63,579;
sundry
advances, mortgages, deposits, balances receivable and ad¬
vances
to employees for
expenses, etc., $177,345; Investments in and
advances to and from
subsidiary companies (less reserve), $86,964;
fixed
assets—land, buildings, leasehold, plant and
equipment, $23,085,096; goodwill, $1; total, $46,719,485.
(Includes $236,814 for additional taxes calwith rates proposed by Congress.—V. 158, p. 185,
1943
7,239,132
9,661,970
10,384,853
.
inventories
$10,757,943;
5,136,447
8,106,942
hand,
$11,566,282;
$1.70
$5,783,421
8,761,970
10,373,435
:
.'fi:
$8.06
on
324,881
1
1,667,810
Consolidated Balance Sheet, March 25, 1943
$552,085
$2.53
exps.
1,555,028
2,908
com.
324.881
IJX-i—
1.611,465
par)
$1.52
-
4,194,510
2,677,776
40,000
period
share on,
324,881
sales, selling, general and admin,
1,575,638
76,801
2,086,769
800,000
$1.65
sales
Cost
.95,560
9,573,435
324,881
share.
per
Provision
The Detroit Trust Co., trustee, 201 West Fort St., Detroit, 31,
will
mortgage
$826,353
'
898.032
69,825
1.611.418
shares
(no
579,000
907,657
,
Prov.
of
per
200.G00
Butler's, Inc., Atlanta, Ga. (& Subs.)—Earnings
'
'
$495,032
51,300
380,000
11,184.853
Assets—Cash
Years Ended May 31—
total, $1,568,868.—V. 158,
Boulevard Temple M. E.
Earnings
246,075
stock
$536,655
Provision
plus, $777,705;
1850,281
911,446
32,652
dividends
end
13,491,653
1.310,000
844,777
surplus
Surplus
588,947
profit
Net
in
accrued
mon
147,738
837,523
72,228,950
11,547,55(5
surplus
$945,898
91,518
* Excluding depreciation,
war
Liabilities—Accounts payable, customers,. $257,824; accruals, $62,279;
Federal taxes, $234,458; accrued Federal taxes, $1,341; com¬
;
SI,768,153
89,837
92,239,2713
650,000
profit for
Total
•
173,515'
ex¬
demand
notes
$1,422,392
132,108
146,096,461 121,805,100
17,829,002
16,103,288
j
Common
$1,431,225
taxes
culated in conformity
receivable,
process, finished products and supplies, $295,867; land, $38,000; building (less reserve for depreciation of $11,214), $54,702; ma¬
chinery and equipment (less reserve for depreciation of $31,063), $25,021; net post-war refund from U. S. Government, $17,374; goodwill, ,81;
total, $1,568,868.
goods
4
•_
income and
Earnings
officers
on
15,205
88,211,477
assets
Dom.,
5930,693
13,275
1,860
3,971
110,295,877
and municipal taxesReserved against invest.
Loss
on
sale
of fixed
Net
88,205,640
3,990
144,513,282
bonds—
Previous
$1,754,878
outstanding
$1.04
,
value M
fixed
on
assets
11,816
Shares of common stock
Sheet, July 31, 1943
anticipated notes, $100,160; U. S.
on
820,252
144,509,292 110,291,840
:v)
'
Deprec.
1940
1,168,186
1
$
ma-
$1,750,945
$1,410,576
profits taxes
cess
refund of Federal taxes of $17,374.
Balance
incom e
charges
Depreciation and
86,527
104,416
$1.02
share
common
'After post-war
1941; 4
$2,923,065
14,038
,
241,510
1948
pks.,
supp,,
for
■:
..
169,151.079
-livestock,
Interest
Earnings—
1942
$1,417,186
oper.....
.30,
Subs.)—Earnings—
9,408
income
of
Res.
$2,481,625
1,071,049
1,021,027
Other
$241,136
$152,530
;
—
1943
241,510;
^
r _
June
13,001
invest.
etc,"
2037.
p.
of
Exps., wages, sal., etcWartime inven. rss
personnel, $1,230,000; common
$1,051,125; earned surplus, $5.-
pari,
$2,438,213
.
^
from
Gross
$176,070
62,054
Net income for year
Cash dividends paid
...
Other income
$307,559
Provision
Earnings
Profit
$2,930,763
3,158,396
income
Net
■
from
profit
Expenses
Cost of sales and expenses.--—
no
invest
sale
terials,
1942
$3,465,955
etc:..—
shares
3 Mos. Ended June 30—
"Gross
1943'
Cost
:
-
allowances,
(276,000
total, $27,997,361.—V. 157,
_____
169,141,671
from
on
Total
of
Rulova Watch Co.; Inc. (& Subs.)-
Beau Brummell Ties, Inc.—Earningsyears Ended July 31—
Gross sales, less returns,
stock
536,668;
$377,620
payable, $7,975; Dominion income and excess
$73,816; capital stock (2,415,100 no par. shares),
est.,
sales
Profit
resulting from renegotiation of
cluding rearrangement and reduction
$364,61!)
equipment at wells
(less, reserve
for
depreciation
oi
$20,467; automobile (less deprec, written off), $741; total,
taxes,
Income
war
contracts, $2-,400,000; reserve for Federal income and ex¬
profits taxes and for refund on 1942 sales under other war con¬
tracts not yet renegotiated,
$6,745,268; notes payable to bank, $1,622,680; reserve for possible post-war losses on
.inventories and plant; in¬
accruals,
tax
-
$
cess
net income of $90,652.
for
_
Sheet,
Canada Packers, Ltd. (&
patents,
certain
Net
$286,657
13,607
_
_
130,521
$300,264
shareholders
54,493
108,804
above, est..
on
Years Ended—
emergency
award
is
3,818
51,310
taxes
1943
been
of a special board appointed by the President.
This award has
suspended by the Office of Economic Stabilization, but now. is
consideration by the President.
to
13,330
$45,292; surplus, $768,383; total, $895,466.—V.
157, p. 862.
Liabilities—Accounts payable, $1,305,102; advances
by Defense Plant
Corp., $5,613,940; customers' deposits, $32,496; accrued liabilities, 82,460,082; liability to U. S. Government
Under
Test
$562,961
16,360
,
Liabilities—Accounts
profits
tDeficit.
plant facilities, $2,163,574; plant and equipment,
$2,494,623;
drawings, patters,, jigs, dies, etc., $1; total, $27,997,361.
1943, there has been included in operat¬
ing expenses, by
general accounts,
for the month and cumulative
period, $142,200 estimated increase In wages in favor of non-operating
crafts, retroactive to Feb. 1, 1943, on basis of eight cents per hour
Devonian
1949
$466,048
k; V
£'.':•
surface
$895,466.
•
$4.21
1949
■
Assets—Cash, $97/140; deposit on petroleum and natural
gas reser¬
vation, refundable, $6,000; royalties, etc.,
receivable, $49,970; market¬
able securities,
$497,184; drilling and development (less reserve), $223,-
and on hand, $6,292,107; U. S.
Treasury tax
bonds, $5,804,788; accounts receivable, $4,170,$5,847,378; prepaid insurance, taxes, etc., $320,978;
inventories,
cost
Balance
>
Annual Report—
1
*
_
profits for year
Distribution
savings
post-war,: refund
as
>
-
•••.
i■.
'
{>
,__
profit from production
profit from investments
Net
in-banks
war
260;
uncertainty
+865,271
..
deducting debt retirement credit of $108,178.
notes»and
of
Combined
276,000
276,000
;
:.
;
Net
1,035,000
1,052,000
$210,729
$885,908
common outst'dg. (no par)__
Earnings per share.__
Note—In
,'
Proportion
$3,037,022
$810,729
$1,161,908
276,000
___
the Imperial Irrigation
District, an¬
scheduled to take over the new proper¬
1128.
etc..-
D)600,000
surplus
________
"Loss.
the
earned
6.391
*$114,141
—
of
to
of
is
p.
Operating expenses
Income and excess profits
24,765
Cr204~122
profit tax
Shares
on
______
view
excess
158,
revenue *
Depreciation,
$3,012,257
$6,877,729
132,000
5,635,000
contingencies__~_
Balance, transf.
Surplus
.
:
.
District
Calgary & Edmonton Corp., Ltd.
707,730
$6,856,065
21,664
$4,246,608
274,000
*3,014,822
Dividends
•
Net
-
President
the
5.—V.
Years Ended June 30—
Production
for plant rearrange-
res.
and; other
Post-war refund of
$940,660
18,060
SO
1,462,614
5,089
.
Hewes,
that
Oct.
on
$43,894),
*$62,395
debt
$1,030,632
$7,342
debt..
discount
funded
148,046
*$67,171
.
-
funded
on
1,167,576
income^ tax
T.
nounced
ties
1941
$4,241,519
profits taxesJ.
Approp. to
$792,614
195,828
s}: Evan
six
$3,719,987
$957,786
fixed
for
unfunded
on
$834,804
42,941
45,895
(net)___
avail,
Interest
Int.
(net)—.
oper.«income
ry.
Other
*$37,497
*$113,066
income
oper.
income
with
first
1942
664,015
Federal
Excess
Railway
the
,
income, net..
$1,456,629
expenses
comparable
for
$8,318,679
expenses
$4,467,335
.
be
shown
$5,409,095
A Operating' profit
Other'
1943—8 Mos.—1942
$5,217,627
not
profits
profit
Selling and general
$326,145
$390,841
revenues^
will
year
the
as
1943
account,
suspense
1572.
p.
Month^—1942
1943-
a,
Net rev. from ry. oper.
Ry.
current
construed
Earnings for Six Months Ended June
Bangor & Aroostook «■ RR,—EarningsPeriod End. Aug. 31—
Rent
of- the
be
not
and
accrued
floating lia¬
debts
$3,363,819;
reserves,
bilities, $395,576;
81,485,163; total,
Ry,
half
period, t; Therefore,
should
,
Liabilities—Share
Ry.
previous
being indicative of what might be
expected'for'the:balance of'the year.1
♦
*
the, second
the
months
1239
C(DPgJSht 194:3 by William
^ain), Asia, Aiistraliik ;
THE COMMERCIAL & FINANCIAL CHRONICLE
1240
Sept. 22.'
total of $96,283,500 par value of this issue
was
reported outstanding, including $614,0C0- owned by the Southern
Pacific System.
The current retirements indicate a balance of 090,653,000 remaining with the public on June 30, as it is stated that none
of the retirements included any of the system's holdings.
The Central'Pacific 4s of 1949 are non-callable.—V. 158, p. 544.
of
Dec.
1942,
31,
proposed reorganization plan was described in the report of a five-man
committee appointed by Federal Judge Michael L. Igoe to make pro¬
posals to amend the transportation unification plan rejected on May 3
by the Illinois Commerce Commission.
Following the committee report,
the. first mortgage bondholders'
group of the Surface Lines filed a petition, stating that in the public
interest the receivership should be brought to a speedy conclusion even
though the corporate unification of the elevated and surface lines is not
accomplished prior to the termination of the receiverships,
The basis of exchange, which takes into consideration accrued inter¬
est and interest to accrue on junior securities, is as follows:
Chicago Railways first mortgage 5%
20-year bonds, $41,741,250
outstanding—receive par-for-par in first mortgage 5% series A bonds
of the new company for the $750 unpaid principal still remaining.
Chicago Railways 5% consolidated mortgage, series A, $15,696,600
outstanding—receive 41 shares of new common stock for each $1,000
original face amount... y '
'
\
Chicago Railways 5%
consolidated mortgage, series B, $16,934,405
outstanding—deceive 3.2156 shares of new common for each $1,000
original face amount.
' ("Y -r- ''
'''
Chicago Railways purchase money mortgage 5%
gold bonds, $3,969,155 outstanding—receive 24.5 shares of new common for each $1,000
Central Maine Power Co.—Earnings
1942
1943—Month—1942 %'>, 1943—12 M~.s
$1,406,463
$1,388,842 $16,757,063 $15 ,787,386
Operating revenues —
.
584,846
expenses —
Munic. taxes—
610,169
6" O
7,214,407
101,289
Operating
8'
105,319
1,261,725
226,919
6,720
10,035
112,302
112,635
other
tax__i_
Portland
26,866
29,304
278,306
18,044
17,477
operating income
Non-operating income—
$668,698
7,747
$616,538
8,444
111,975
139,766
$676,445
$624,982
$7,789,333
$6,933,192
220,042
172,320
2,456,832
1,995,579
State
&
Social
security
and
Federal
taxes,
i^
State—
taxes,
Federal
income
than
under
Rental
lease
RR.
Net
'
income
Gross
_.
Deductions
m
tax
income
Fed.
158*,
74,097
77,081
953,373
profits
991,437
——
$272,157
$277,984
$3,387,691
$3,269,263
111,820
141,430
1,475,263
1,697,155
tax
Period End.
Operating
$258,225
$250,395
136,792
166,716
16,997.
13,764
expenses
munic.
taxes
and
YY" 1,273
14,774
5,024
56,739
each
operating income
income (net)
income
Gross
Fed.
■Y
Y
$1,061,541
175
1,108
above
The
bonds
$1,062,649
430,272
$98,247
$63,828
37,857
—V.
director,
a
156,
8,900
240,700
Railway
^Sales &
18,928
227,136
18,928
of
B.
J.
Feigenbaum
Feigenbaum
as
Vice-
entered
has
mili¬
Amort,
•>
•
(Incl.
1942
.
Subs.)
1941
42,472,321
1940
V
-
26,859,247
32,888,285
319,360
of
315,323
289,261
242,750
1,506,027
1,338,809
363,060
1,217,990
41,082
1,131.942
134,957
—
facil,
emerg.
Prov.
for relining & re¬
building furnaces, etc.
-;
1,582,835
1,377,038
991,817
861,893
profit-
$3,173,183
$6,264,371
$3,812,599
$2,768,979
1.76,432
194,595
99,585
134,570
$6,358,966
$3,912,184
$2,903,549
mtge. bonds
$3,349,615
Y, 130,754
Y:',Y 551,760
551,760
49,572
20,485
3.253
936
G.404
Net. operating
•
Other
income
Total
Int.
on
Int.
share of stock:
profit
gen.
5 'k
on
bonds
inc.
Other
.
interest;
VY:'
tLoss
Prov.
for
Fed.
:•,/
■
&
taxes
profit
Dividends paid ;'—
require $72,718,350 in first mortgage 5%
shares of common stock, which at a
to $63,611,324.—V. 158, p. 544.
will
;V'j
ICC
k
•
Sept.
on
:551,760
yy:
270
§1,266,000
12,981,500
838,300
382,500
$1,351,529
—
—
$2,580,135
$2,288,318
$1,744,869
563,620
>
Surplus
-938,335•
$787,909
-
per
563,620
—
•
)'
,
issued
18
erty,
permitting
certificate
a
$2.40
plant
taxes.
abandonment
and
equipment,
Consolidated
Assets—Cash
Oct.
-
llncludes
Y;
$3.00
in
banks
Balance
and
Sheet, June 39, 1943.
hand, $7,205,436; cash deposited with
payment of interest on 5% income mortgage bonds payable
1943, $275,880; U. S. Treasury tax notes, $673,478; notss and
on
for
1,
receivable, $4,704,310;
inventories, $7,972,175; long term notes
receivable, $20,596 other assets, $364,189; property, plant
equipment, $31,595,172;
patents, trademarks and gpodwiil, $1;
deferred charges and prepaid expenses, $388,302; total, $53,199,538.
'
accounts
and
(& Subs.)—Earnings—
"
Account
Income
$4.08
ton abandonment of prop¬
$1,782,500 for excess profits
§Includes $377,400 excess profits taxes and $30,000 State income
trustee
and
Consolidated
YY $4.58
;
taxes.;Y>/YY:YxYYY;:Y;-Yi|§Y:YYYYYYYY:''te
accounts
Chickasha Cotton Oil Co.
$1,724,698 ' $1,744,889
com.
on
sn
$1,593,800
discounts, returns and allowances!
"Less
160.
■.
224,150
551,760
>
State
income—
on
Net
Y;'Y;Y
-v;";
•
224,150
224,150
mtge.
;
1,272,226
and
A,
158, p. 947.
requirements.
Mr.
43,557,062
Depletion
Depreciation
$215,880
227,136
notes
$50,273,424 $52,130,923 $39,241,034 $31,864,811
oper. revenue..
;
l'ace amount.
exchanges
series
The
119,592
$391,677
tax
1148.
p.
Cost of sales & expenses
extending northerly from Hawton to the end of the branch at or near
H>mera, approximately 4.34 miles, in Sullivan County, Ind.—V. 156,
$17,071
succeeds
Counsel.
General
Walter J.
p.
div.
Steinhart,
and
1943
.
394,479
24,000
—
Pfd,
H.
service.—V.
Earnings for the Years Ended June 31)
Cummings and George I. Haight, as trustees of the Chicago,
Milwaukee, St. Paul & Pacific RR., of a branch line of the railroad
$39,307
:
income
Treasury
Colorado Fuel & Iron Corp. (& Subs.)—Ann. Report—
by the company, and abandonment of operation by Henry A. Scandrett,
(normal
tax
surtax)
Net
Jesse
Earn,
Dr2,306
34,940
_.
S.
$748,950;
$2,682,699.
total,
President
Chicago, Terre Haute & Southeastern Ry,—Abandon¬
$729,951
70'.Y:
-
—
inc.
and
Chicago
original
$1,000
$732,257
$63,653
U.
$2,682,699.
expenses,
New Vice-President—
tary
stated value of $50 a share will amount
63,727
$98,177
(less
income
on
stock
.
Non-oper.
Deductions
A
outstanding—re¬
shares
8,999
for each original
common
new
South
&
ment
Net
taxes
.....
16,996
4,989
$65,897;
other
tax—_—
total,
$36",-
land,
$444,381;
$136,000; other accrued taxes, $41,118; capital stock (par
$10, $1,137,560; earned surplus, $684,968; treasury stock (4,143 shares),
5% first. mortgage gold, $3,322,550 outstanding—receive par-for-par in first mortgage 5% series A
bonds of the new company, for the $650 unpaid
principal still re¬
maining.
'V;/;
Y-./v ■
Chicago City & Connecting Railways sinking fund 5%
gold bonds,
$20,616,000 outstanding—receive 22.35 shares of new common stock for
169,724
1,235
State-
taxes,
income
than
stock,
capital
Railway
City
shares of
1.8
Calumet
1,841,586
1,695,697
188,512
Federal
$72,320),
trade-marks, $1;
payable., and sundry accrued
$208,000),
Railway 5%
first mortgage gold bonds, $27,644,550
par-for-par in first mortgage 5% series A bonds
company for the $850 unpaid principal still remaining.
the new
ceive
taxes,
security
Federal
...
■
accrued
purchased,
mercury
Liabilities—Accounts
City
YY Chi:ago
1943—12 Mos.—1942
$3,017,263 $2,824,290
1943—Month—1942
Aug. 31—
revenues
Federal
of
Service Corp.—Earnings—. ,1
Vermont Public
\,v
■
of
outstanding—receive
766, 947.
p.
and
/
face amount.
Chicago
681,042
Operating
State
original
987,308
97,597
Central
Social
,
requirements.
div.
—V.
209,725
$6,793,426
,
(nor-'
income
Net
212,875
$7,677,358
110,149
excess
Pfd.
Y 382,676
surtax)
and
mal
Fed.
Y
deferred charges, $114,430;
.
a
Period End. Aug. 31-
revaluation
867;
It provides for issuance of $72,718,350 in first mortgage 5%
and 1,272,226 common shares to be issued in exchange
lor the securities now. outstanding and in default..
The common stock would be held in a three-year voting trust. ' The
direct
As
and
bonds, series A,
through offers
$3,222,118.
A small amount of bonds were acquired
from holders, and through the sinking fund.
cf
Monday, September 27, 1943
:
Liabilities—Accounts
Chesapeake & Ohio Ry. Co.—Earnings—
Period End. Aug.
1943—8 Mos.—1942
1343—Month—1S42
31—
:
•.
inc.
Fed.
&
Y_—
tfcxes
Sales and
operating
Net
income
share
Per
2,177,959
.899,122
2,682,002
transferable
' '
loss
\
'
-
'
■
Net
'
Oil
*Sh.
A
stock,
of
out
1942
1942
have
net
earnings
declared
$40,
par
$1
share
June
15,
on
the
to
star^ of the
C00
the
reopen
Under
present
has<
now
retire
tion
the
the
heard
Judges
in
cash
Finance
assets
present
who
District
947.
p.
$83,000,000
some
Judges
and
plan
their investments.
Reconstruction
a
of
on
the
for
the
P.
were
Barnes
Philip
and
Island
Rock
&
Pacific
Crl7,004
——
$536,321
__318,750
$519,039
255,000
$383,330
191,250
$100,159
—
$2.10
$264,039
;. $2.04
$192,030
$1.50
$36,409
$0.39
to
tlncludes an
excess
$217,571
-
bonds,
National
Sept.
on
17
Bank, New York,
petitioned
the
as
co-owners..
which
Interstate
for the
Commerce
assets,
and
Balance Sheet,
and
cash
$2,618,373;
items,
63,750
30,
the
postponement
and
charges,
stock
unsecured
to
and
cash
to
creditors,
while
creditors,
the
only
balance
$406,482
would go to
itors.
;
bank
The
creditors,
of
Excluded
from
sale
that
stated
cash
holders
to
derived
an
allocation
Federal
$9,217,911.—V.
$156,792;
total,
capital
157,
1267.
p.
-
and Payable—
Childs Co.—Debentures Due
The
Stock
York
New
Midland
Trust
Exchange
represented
postponement makes
has
the call of the
The
amendments
have not been filed, but it was
they would be forthcoming soon.—V. 158, p. 1129.
that
allotted
was
in
on
the
minimum of fifteen minutes
82.7% basis.
an
divert
a special commission 80 cents. There were 93
purchases through 31 firms.
The largest allotment was
1,626 shares and the smallest ten.—V. 158, p. 1032.
The
directors
the
on
This
the
at
Sept.
on
common
is
stock,
same
declared
15
payable
rate
secured
contain
data
to
the
amounts
of
cash
inquiry
daily
liquidation of unmortgaged assets, interest and dividends
investments, salvage from unmortgaged equipment,
or
rentals
from
unmortgaged
freight cars, and earnings of the
unmortgaged liberal-hitchland
line.
According to the bank,
these
figures indicate that the amount of cash derived from these sources
aggregates approximately $10,500,000.
Allowing a wide margin for possible adjustments to the $10,500,000
figure, the bank believ.es that the excluded exhibits show the amount
of the available cash derived from unmortgaged assets to be far in
excess
of the $406,482, which the first and refunding group proposed
to
allocate to the unsecured creditors.
The fact that a complete study is not presented of all of the sources
.
which the available cash was derived "is not a valid objection
their'admission," it was stated.
The bank asked the Commission to "apply a common yardstick and
from
allocate
derived
to
from
group."—'-V.
each
the
158,
creditor
assets
p.
group
that portion
contriboted
to
the
of
the
available
reorganization
by
cash
that
A
to
was
Revenue
passengers
—V.
158,
public
Oct.
1.
158,
Y;
668.
p.
kilowatt hour output of electric energy of subsidiaries of
adjusted
to show
general
business
conditions
cf
for the week ended Sept. 16, 1943 amounted to 248,084,727 as compared with 221,543,545 for the corresponding week in
1942, an increase of 26,541,182 or 11.98%—V. 158, p. 1129.
1
■'
\
•
,
surplus
Account
for
the
___
pounds, etc.
Operating, selling,
Provision
for
profit
from
Net
1943—8 Mos.—1942
$500,282
$493,605
75,526,424
62,798,064
Net
1941
$618,989
42,402
40,475
oper.
$762,126
*330,500
95,166
$1,419,298
835,000
86,601
$576,587
109,000
77,841
$594,086
95,244
61,790
Net- income —Y—
$336,460
t$497,697
328,839
328,839
$389,746
328,839
$437,052
342,541
$7,621
$168,858
$3,87
$60,907
$3,55
$94,511
$3,99
from
Fed.
Dividends
per
°After
in
paid
surplus
capital share
$3,07
$13,500 post-war refund of excess profits taxes.
+As reported
JAdjusted net profit amounted to, $425,197, equal to $3.87.
1942.
Note—Federal
income
the year ended June 30, 1942, were
bill passed by the House of Represen¬
tatives on July 20, 1942.
However, the revenue act as finally adopted
allowed fiscal year corporations whose year ended prior to July
1,
1942, to compute the tax under the rates of the Revenue Act of 1941.
provided on the basis of
tories,
on
receivable,
.
$402,273;
buildings
and
1943
30,
com¬
general
expenses—:
Federal
income
877,519
and
excess
profits
220,700
$189,828
ment,
$1,049,923;
reserved
other
taxes,
Sheet, June 30, 1943
taxes
a
for
tax
Sheet, June 30,
hand
and
trade
(less
demand
deposits in banks,
allowance
post-war
refund
of
equipment (less reserves
for
excess
for
$306,842;
ac¬
losses),
$595,319; ■ inven¬
profits
tax,
$13,500;
depreciation
of
$372,061,
$105,426; total, $2,385,820.
and sundry accruals, $85,133;
accrued
stock, preferred and common,
total, $2,385,820.—V. 157, p. 780.
surplus, $1,368,052;
capital
Consolidated Edison Co. of New York, Inc.—Output—
The company on Sept. 22 announced that System output of elec¬
tricity (electricity generated and purchased) for the week ended Sept.
19,
1943, alhounted to 214,800,000 kwh., compared with 170,500,000
kwh.
for
the
corresponding week of
1942,
an
increase
of
26.0.
Local
distribution of electricity
amounted to 198,700,000 kwh,, compared with
151,700,000 kwh. for the corresponding week of last year, an increase
of 31.0%.—V. 158, p. 1129.
Electric
&
Gas
Co.—Sale
of
Assets
of
Subsidiaries—
The
company
filed
sale
companies.
by
Principal
the
be
of
Gas
SEC
its
subsidiary companies, Bluefield Gas
Co., and Salem Gas Light Co., have
respecting
of
savings
of
for
of
their
assets
transactions
securities,
Federal
by
or
the three subsidiaries effected
the
expects
through
of their assets.
these
sales of
of
sale
Consolidated stated that it has sold
subsidiaries
reason
income
being
handled
as
sales
of
the declaration stated, is the sub¬
and excess profits taxes through
consolidated returns because
in
each
case
the
purchase
below the tax cost of such assets.
consummation of the sales the only assets of the subsidiaries
the cash received in the purchase price.
This cash will be
is substantially
Upon
will
the
instead
filing
price
with
1943 its investments in
to sell in
assets
three
County
declarations
subsidiary
a
and
Washington
Co.,
stantial
1943
assets,
payable
$302,658;
Consolidated
Balance,
Earns,
June
Assets—Cash, $260,184; Government securities, $350,000; accounts
and inventories, $620,287; shoe machinery, plant and
equip¬
$634,561
41,129
U942
56,106 '
____
expenses,
■
receivable
1940
$1,460,427
1943
$818,232
oper.
net—
profit
for
Ended
profit
$629,977;
taxes—
Prov.
Other
Months
taxes
*
Co.—Earnings—
Years Ended June 30—
Gross
>;'/;*
$1,288,047
and
estimated
Liabilities—Accounts
Clorox Chemical
12
Income from leased shoe machinery and from sales of
886.
p.
/'.'
.
,
Compp Shoe Machinery Corp.—Earnings—
and
counts
made
share
per
record
corporation
Balance
1943—Month—1942
$62,200
$61,499
9,523,128
8,027,301
Balance
reorganization plan for the Chicago Surface Lines, which has b^n
cents
of
Commonwealth & Southern Corp.—Weekly Output—
Cincinnati Street Ry.—Earnings—
Assets—Cash
approved' by all principal bondholders', committees,
35
-
Period End. Aug. 31—
Balance
1031.
Chicago Surface Lines—Reorganization—
of
holders
to
The weekly
this
Income
into
derived
unmortgaged
on
1
quarterly dividends paid since and
which date the company made quar¬
'
advised by the Marine
debentures of 1957
been
the property and affairs of the company,
to be conducted by John F. X. Finn,
trustee in reorganization pro¬
ceedings before- the Federal Court, began Sept. 16. Robert P. Stephen¬
son, Federal bankruptcy referee, presided as a special master.
The hearing adjourned Sept; 21, to be convened on Sept. 28.—V. 158,
p. 1128.
■
v."
Y;
Y,Y;;,Y'
Y"
general
Depreciation
as
dividend
a
Nov,
the
as
including Aug. 1, 1942, prior to
terly distributions of 45 cents per share.—V.
Inquiry Is Opened In Court—
The
;
to
and
The price was 42% per
share, with
payable.
cred¬
and would be unfair
an
the hearing subject to
examiner.
oversubscribed
that the company's 5%
trustee,
Co.,
have been declared due and
allocated
bonds.
a
whether
territory served
Commission
secured
on
company
determine
70,000 shares of $3
accurate
picture of the
Commonwealth Edison Co.—35-Cent Distribution—
payable, $254,087; accrued local taxes, $41,850;
stock tax, $12,500; accrued Insurance, $8,482;
Federal
and
State income
taxes, $491,983; capital stock (par $10),
$2,550,000; capital surplus, $1,357,456; earned surplus, $4,501,554; total,
158,
>
would
from unmortgaged assets,
convertible
exhibits
such
'V.-",'
the
to
to
covering
Commercial Investment Trust Corp.—Special Offer¬
ing—Shields & Co. on Sept. 21 made a special offering
of 11,206 shares of capital stock (no
par) which was
convertible
was
21
hearing
20
Liabilities—Accounts
accrued
1
securities
new
Aug.
financing.
new
learned
tax
$353,586; Inventories, $1,684,958;
and investments, $639,179; property,
advances
of
(par $10).
S. Treasury notes,
U.
Sept.
Commission
registration
preferred
granted
was
Exchange
company's
proposed
1043
receivable,
accounts
$160,366;
June
Hearing Post¬
Cr6,599
provision of about $57,-
SOn 255,000 shares capital stock
tax.
equipment, $3,504,504; deferred
>Y>
•>';>> '
$9,217,911.
and
reverse
its
ruling excluding its evidence in the
hearing in the matter of the railway's reorganization.
The objection
made by Chase was that in the application of the
first and
refunding group for a proposed $38,011,922 allocation of
-to
second
reconsider
to
Sept.
to
2,388
is
profits
plant
Ry,—Chase Protests
trustee
A
trial
,
439
the
cover
Act
.
Chase
,
668.
p.
poned—
loss
surplus
Assets—Cash
ICC Splitup of Funds—
The
17,081
"
3,006
"
158,
Colorado Milling & Elevator Co.—SEC
cumulative
CO,7.74
,
9,299.
con-
______
series, $100,154;
;
Chicago
57,411
excess
Kerner
Sullivan.—V.
L.
199,538.—V.
The
Consolidated
and
security holders.
Circuit Judge Otto
junior
arguments
John
loan,
j;si
,
„
37,928
for
which could be used to
thereby leave a por¬
hand
on
Corp.
$113,030
for
the company
argued
$444,543
and
1943.—V. 158, p. 947.
Mr. Walter
$562,455
,
possibility of retroactive application of the 1942 Rev¬
now before Congress,
tlncludes provision of $24,596
State income taxes and $169,566 (less post-war refund of $16,957)
that the court order the Commission
'
,
preferred and common stockholders
case.
the
receive nothing
$524,197
net
profit
to
enue
took
He asked
war.
222,599
139,315
13,866
-
Cr59,350
profit
■'Credited
$2
under advisement at Chicago,
Sept. 16 a motion to restrain the Interstate Commerce Commission
from Invoking its reorganization order for the road.
Luther M.
Walter, counsel for the railroad, argued the present
reorganization plan, approved June 27, 1941, does not afford due
recognition of the rights of each class of security holders and has
been outmoded by improved financial conditions of the carrier" since
the
40,132
>140,180
unconsol.
other
Court
t337,594
101,516
§ Earnings per share.—
Halt Plan—
Federal
t475,026
_
companies—_
Balance;
Chicago & North Western Ry.—Court Studies Plea to
three-judge
57,633
taxes
_
inc.
Dividends paid
Oct. 15 to holders of record Oct. 9,
A similar distribution was made out of
last.
An initial dividend of 50 cents per
share, out of 1941 .earnings, was paid on Jan. 15,
A
of
Net
"A" Dividend—
per
to banks (maturing $800,000 annually beginning Feb. 1,
funded debt, $11,035,200; reserve, $.829,824; deferred
$34,417; capital stofck (563,620 shares, no par), $5,636,200;..
surplus, $13,321,893; earned surplus, $6,385,847; total, $53,-
capital
$488,810
of jointlygins
aggregate net
credits,
payable
earnings.
on
of
dividend
a
$873,359
248,504
—
of
Special
withdrawal
to
exempting from
Eastern Illinois RR.—$1
&
directors
class
order
for an
Chicago
The
consented
has
SEC
$1,248,775
291,093
prof,
owned
ttolled
by the corporation of an
the provisions of Section 17
(A) of the Investment Company Act of 1940, a transaction in which the
applicant proposed to purchase all or any part of the common stock
of Adams Oil & Gas Co. from other stockholders at $30 per share,
pursuant to a general offer of purchase.—V. 158, p. 947.
The
$1,426,672
325,932
______
of
loss
Stock
Withdrawn—
application
$442,993
45,817
Y_
State
&
Share
Purchase
payable
1945), $4,000,000;
Securities
15,990,559
1
:
,
to
$796,054
>> 77,305
342,125
353,977
20,576,818
Corp.—Application
61,393
*
Other deductions
Profit
,
$1,187,382
income
Fed.
42,755
$1,364,859
'61,813
income
Depreciation
•
2,135,204
I
44,182
2,883,561:
158, p. 885.
Chicago
notes
8,426,955
9,845,295
19,497,718
18,529,527
profit
Net
to
...
dividend
payable,
$8,869,948
gin earnings. $19,894,386 $20,685,100 $10,641,349
payable, $3,430,484; accrued liabilities, $2,758,payable Aug. 28, 1943, $140,905; accident compensation
$81,082; provision for Federal and State taxes on income,
$2,342,902; accident compensation payable after June 30, 1944, $202,000;
783;
1940
sales, operating
admin, expenses-
Other
$2.08
$2.68
$0.28
$0.38
:
_
Balance
—V.
'1941
.
credits,
after
com.
and
and
y>...and
28,622,744
7,039,925
20,392,907
16,332,684
35,453,661
7,531,607
24,952,103
20,930,795
5,223,855
dividend
other appropriations of inc.—
preference
Sinking
profit
of
Cost
16,669,536 136,394,197 115,756,122
2,927,743
income
....
on
•. •-:
5,793,975
; -948,509
3,435,946
—
taxes
Net
•
-•
Investment Co.)
profits
exc.
Other railway
$
13,278,013
—_
1942
1943
Years Ended June 30—
•
Gross
subsidiary, Guymon
(Company and wholly-owned
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4215
paid to Consolidated, as the owner Qf.&U of the. outstanding securities
of
subsidiaries.
^'T
T
declaration stated that Salem
the
The
$1,468,840;
and
now
Operating " revenues-^.Operating expenses
Taxes, other than Fed.
306,505
275,445
37,373
" 152,675
392,724
128.500
$175,048 v
.
Balance
$67;764
$1,718,719
$1,324,492
390,739
J
:
Net
82,333
'1
::
417,864
t
-
;r
$75,372
*$14,572
$1,300,855
*1,14(3
4,292
.*$13,426
$1,305,147
324,308
1
82,132
income
••
"$4,768
$930,839
"$94,620
Balance Sheet,
$614,975
See
was
$1,072;
contributions
organization,
$3,375,338;
$4,694;
Purity
Bakeries
Corp.
Container
Net
gOddS
6 Months Ended June 30—
for, Fed.
Net
profit
Dividends
Earns,
1942
"436,687
$0.75
•After reserve for post-war
inc.
law
in
per
"Federal
243,291
$0.50"
orders
the
of
increased
volume
of
business.
prior preference shares and
on
stock,
common
June
on
30, 1943, were- 'somewhat
inventoHes olrequired by
Quarterly dividends have been
1 $0.50
May
on
paid
'
Guaranteed
V-Loan
On
April 26, 1943, a Government guaranteed V-Loan Agreement
completed, under, which > the National City Bank of New York,
acting as fiscal agent, and seven other leading banks will lend the
all
to
finance
of
rate
on
or
contracts.
war
2*4%
this credit had
but
been
$9,000,000
until
The
company
borrowed and
amounts
on
available
any
of
part
anv
unused
used
anu
portion.
Nov.
30,
to
agrees
•the
the
Treasury tuX notes and $2,872,494 in cash.—V. 158,
/«
*
»
'*
L
•
1l'
»
»/2
of
cnarge
mid-year
J
'$ ,V
4
*
i
dividend
A
stock,
of
was
in
were
1242
and Oct.
65
$25,
par
amount
cents
V
Jan.
the
*
common
1,
20,65 cents.—-V.
dividend
A
of
$1
A
like
25,
20,
.
share
per
has
been
declared
common
par $50,
payable Oct. 1 to holders* of lecord Sept, 22.
Like
amounts Were paid on this issue on March
31, June 50, Sept. 30 and
28,
1942;
since—V.
none
157,
—V,
Consolidated
Income
Statement
for
•1942
Gross
profit,' after
Years
Ended
*1941
'
de-
Dec.
*1940
'
.
of
$1,609,324
fl939
.
.
Deprec.
of
and
17,436
Miscellaneous
Balance
1,516,412
14,560
2,127
57,095
expenses-
1,942
$765,560
55,379
$575,883
47,404
Total income
for
pos.
$812,964
for
99,227
$567,359
Bank
$631,480
$889,861
28,110
tienc-tu
interest
income
:,r"
taxes-
Gross
Excess
14,757
16,146
346,724
res—
Profit
$296,992
for
foreign
$232,293
ex¬
-.
fluctuations—.
profit
of
$244,531
$462,850
'
102,443
——-
$236,992
profits
$232,293
$244,531
of
$565,293
-<TV
to remittance on year....—-
,
Profit'
' T
—
Net unrealized exch. loss
from
arising
$236,992
:
of
Proportion
to
accruing
Cr 1,228
:
profits
minority
interests
.
...
:
$244,531
V'.
.-'ri-
■>"
tion of net curr. assets
'
$232,293"
''T'"/:
^
transla»
>■:
■-.* ,•
-
4,070
Net
deposits
on
contracts
($1
&
$200,000;
surplus,
356,441
$208,852
companies
for
of
discussions
for
being
the
Dividends
Dr503
profit
■••
>
«'■• T
$297,602
has
period
all subsidiaries
f All subsidiaries
Societe Franchaise des
tric
the
over
of
four
period
a
in the
Cr78,567
of
to
on
the
—;
T'v
certificates
tax
reserve
$6,056;
of
raw
coun¬
and
1942
:
hand and demand deposits,. $623,247; U. S, Treasury
or indebtedness, series E %%, due Dec.
1, 1943, $200,000;
certificate, $100,957; other'British Government securities
trade
on
accounts
materials,
receivable,
finished
less
reserve,
and partly finished
$631,572;
products
37,118
19,022
11,060
*2,614
1,737,400
1,408,800
364,618
173,312
94,319
1,101,322
259,698
45,752
949,883
486,191
$125,170
173,428
*21,033
1943
1942
1941
1940
5$16,324,835 $16,903,481 $12,177,911 $11,897,688
:
14,695,628
14,430,718
363,872
629,743
11,118,309
10,742,815
682,154
'712,512
$377r447
$442,361
:
sales
on
$1,265,335
$1,843,020
-
23,147
82,294
132,644
131,616
'
$1,288,482
$1,925,314
$510,091
$573,977
116,287
118,622
.440,000
93,500
465,000
contingencies
f425,000
50,1)00
$441,537
$454,027
income
121,945
taxes
-T—
.
250,000
--—-
"
for
prof; taxes-
income
Preferred
made
was
the
11
dividends
450,000
80,000
—
dividends
$145,53.7
—
stock
common
elected
to
the
Vice-President
a
$22,787
$21,729
$2,783
270,000;
270,000
270,000
$0.58
$1.01
$1.15
.
•Including depreciation of $388,561 for, 1943, $297,190 in 1942, $265,in
1941, $303,363 in 1940.
tAfter deducting post-war refund of
$45,000.
Balance Sheet, May 81
.
1
1943
Cash
in
U.
tax
S.
banks
and
hand
on
1942
$440,122
notes
$329,544
782,340
accounts
receivable
1,163,892
2,669,181
3,710,952
——
;
assets—
*
_•
Other.:.assets
;
;
_
:1,440,985
2,808,465
3,971,142
,
152,974
Total
.120,427
j
58,919,461
1943.
of
has been named
that position.—V. 158, p. 484, •
,,270.000
158
Fixed
newly-created office
141,240
135,000
out¬
standing; jno pari270,000
Earnings per share
$1.33
holders
22,
$414,028
.141,240
270,000
.
■T
$297,967
1.61,240 :
216,000
Balance
Shs.
-common
to
June
on
120*949
39,000
.
1,
Stock Disiribution—
$8,670,563
Liabilities—
Notes
payable
Trad3
Note
this
State
and
and
for
payable
782,934
•'
367,472
local'taxes
"246,946
92,963
75,628
812,686
:
930,512
,000
ipi.
—
contingencies——
preferred stock ($100 par)—
.128,C 10
:
.
300,030
500,000
stock
450,000
L,000,000
1
cumulative
Earned
$750,000
674,290
L——.
estimated Federal taxes,—
for
'
$1 250,000
accounts
payable
payable
Reserve
S'/f*
bankers-—
compensation
Provision
Fresi-
to
acceptances
Dividends
of
Subs.)—Earnings—
31—
1943
utility operations
from
1942
1.000.000
'
i
1,350,000
surplus
Total
$84,718,688 $75,309,005
57,974,058
51,223,646
charges
1,350,000
2,771,050
'2,625,513
$8,919,461
$8,670,563
-----
plants
•
income.—.
and
system,
and
:
supplies,
(
H.
has
-
expense—_
and
Mr..
Mr.
in
has
been
has been
of
50
nor
Distributions
of
Payments
25
25
cents
power
generation,
Mr.
as:
been
superintendent
elected
T
each
were
Dec.
Statement
Assets—
U.
S.
will
9
were
as
21,
to
S.
at
Government
par'
Interest
M.
electrical
of
on
the
record
Sundry
Cash
and
April
10
and
10,
July
10
cents.—V,
due
151,
Condition,
June
p.
accrued—'^
July
and
10,
Oet.
2040.
Depreciation
•Proportion of
(&
'*
1943
,
'■
]
1941
$588^274
.
147,469
;
i
15,755
•
1,031
profits.
1
—
t$7,496
Consolidated Balance Sheet,
Dominion
on
hand
$396,112;
and
$43,750;
$4,005,225;
inventories,
prepaid
"
Liabilities—Accounts
b^nks,
interest
bonds, $424,531;
$5,946,839.
$1,037,923
in
accrued
of Canada
bondholders,
assets,
$15,897
;
$21,776
to preferred shares. o' A cme Ff rmers D~iry, Lhuited, and
Assets—Carh
-
fixed
1942
1942
$561,034
payable
and
.
and
March XI,
$58°.54*";
^
i
1?.'4X
/"
"
ccm'^ts
receivab'e. $5,274:
fdceivable
investment
amount deposited with
$350,760;
deferred
;.
,
tLoss.
other
y::
accrued
trustee
assets,' $62,567;
charges,
$59,078;
/V'V'.
-
total
./. t'
.
liabilities, $''47,893;
taxes
due and
97,334,283
56,271,801
accrued, $135,251;-salesmen's deposits and unredeemed ti-kots,
$105,365; accrued bond interest (including provision for premium on
U. S. dollars), $68,806;
•in
467,491
^
-
T_—_
year.
directors
Subs.)—Earnings—
Crescent.Creamery Co., Limited, held by pubTc.
for
fully
and
of
Profit before depreciation
*
(less reserve),-
1943
—
banks:
.
30.
$1,622,811
direct
board
last
16,066
Net profit
30
security contracts——
securities, investment acct.,
from
membership on the
1904.—V^ 158, p. 769.
16,121
•Applicable
York—Earnings—
of
1916,
asso¬
director
a
Write-off, bottle
Provision for income
34,831
2o!o93
35,525
3,048,615
1,926,839
hands
of
public,
u_$114,493,294 $59,306,918
equitv available for subsidiary companies' shares
$1,604,646;
6%
20-year
firt
collateral trust si-k¬
ing fund convertib'e bonds, series A,. $2,479,500;- 17c .cumulative- prefer¬
ence stock (par $100), $2,500,000; common stock, 29,020 shares no
par),
$1,579,210; capital deficit, $2,744,051;
of
liability
for
income
and
nation
Total
elected
since
Copeland,
Pont
145,980
Div.—
—————12,000,000
debits
and
committee
du
his
interest
common
Sept.
on
~
receivable
1929
L.
146,263
in
.
and
since
finance
by
Premium-paid on foreign funds for
bond interest
1
engi¬
Samuel
the
April
follows:
50
for
Common
holders
made
of
declared
discounted
Government, securities,
retain
held
has
since
company
will
the
succeeded
r__
heating, and
have charge of
manager.
Co.—50-Cent
Oct.
Discount Corp. of New
Acceptances
Bond
as
158, p. 769.
share has been
payable
and
McLay
sales
engineer.—V.
Products
per
he
be
Years Ended March 31—
central
bureau.-
chief
the
Pont
member. of
a
will
Eastern Dairies, Ltd.
$9,307,909
responsibility
continue
cents
each;
general
assistant
1942
in
have
and
cents
valu.e,
par
McLay
chief
named
Steel
dividend
D.
will,- have
construction
department
and
Operating profit —u——$767,563
Angus
of
Pont,
300,612
.
active
charge
du
with
du
which
Thompson, who has been chief engineer of
charge of the design of steam and elec¬
had
stations,
F.
resigned
ciated
$13,252,896 $14,436,401
4,855,177
4,924,990
Crl04,032
Cr97,lll
unfunded debt
debt discount
be
Detroit
»
——
158, p. 1130.
(E. I.) du Pont de Nemours & Co., Inc.—New Member
$13,194,630 $14,270,359
58,266
166,042
—
to construction—-!
and
and
who
inventories
and
-V.
of Finance Committee—
utility
operations—
income—_J__.
Thompson
sales,
307,487
(Roumania)
;
1940
15,426
expenses____
excess
Frov.
it was stated.
consumer,
$8,501,751
guaranteed,
31,
1941
46,700
income
Fed.sral
Fed.
5,320,000
of
company's
U.
Dec,
1942
4,495,000
funded
the
Cartonnages de Luxe S. A.
Sheet,
■
$147,220
Deductions
many
2,810,000
$201,069
continental European
R.
n
158, p. 887.
sales
Gross
Net
tax——10,740,000
corporate
the
10,
riv'S:
included except Coty S, A.
and
Corp.—-Earnings-
Net' profit
Other
Light Co.—New President, etc.—
maintenance
income
Dr86,351
$163,874
.
29, April 30
157, p. 2447.
of
beginning Jan.
years
and surtax
generating
"-V,
::
—v
located
Consolidated. Balance
Assets—Cash
Of
Common
distribution
been,
Ended Aug.
and
W.
stock,
Dr59,458
$227,715
paid—— w
•Excludes
tries.
net
year.i.-,-'-
.
•Cost
"
income
last./
Dr618
-
;
Jan.
on
$181,900
income—
Net sales
.
recording
respectively.
;
transcriptions,
Board, while Stuart Cooper,
and of United Gas Improvement Co.,
Vice-Presidents.
A
■
——
paid
50,922
9,284
Years Ended May 31—
$1,812,-
'
Eal.
oper.
Operating
the
,
M-
were
$217,000
rrilway
railway-
from
Duplan
em¬
payable
$850,000;
pari,
New Vice-Presidents—
i-'T
21,199
,
railway
•Deficit.—V.
Sept. 23 that the stock dividend, just declared
change in the conversion price of the
5%■ sinking fund bonds due Dec. 1, 1954.—
!
-
>-.w
amounts
Gross from
Accrued
charged
Dean,
,
exch.T__:
an' extra dividend of 10 cents per
dividend of 30 cents per share on
value/both payable Oct. 29 to holders of
income—
JanTl—
Net ry.
present
W, 'Wilson
Interest
power
"V
■. - ■—:
-.
.——
Adjustment
rates
similar
any
on
101,720
1
end
A
-
miscellaneous
neering
Total
•
succeed Mr.. Wilson in
Gross
285,870
11,978
;
•
change
result
cover * a
mortgage
profits
Other
2,382
339,302
A
Co., Ltd.—Extra Div.
quarterly
par
oper.
Trade
earnings from
Paul
.
land
stock
8,121
'
501,215
for
982.
p.
declared
no
Lik,e
ry.
Net
2147.
p.
12 Months
-
Appropriations to
Reserve
affect
Amortization
charges--
was
Canada
/
1943
from
From
v
8.
Interest
137.
for
the
Detroit Edison Co. (&
25,105
in¬
(net)
Prov.
electrical
Packing Corp.—2%
(closed)
Balance,
3,813
and other
is
those
to
and
terms
769.
322,502
demnities
Miscellaneous
$2,416,700;
$4,140;
common
evacu¬
leaving
29.
Net
prepaid
plant and
by James C, Petrillo, President of the
Musicians, and Jack Kapp, President of Decca
announced >on
not
company
40,374
68,653
$587,740
of
,
from, railway-
$600;
property,
a. record sold
to the-pub ic Tor 35 cents
increasing to
record selling for. $2, and 2Va% of the retail
price above
For
electrical -transcriptions
used
for
broadcasting,
Chairman of
170,122
$562,827
11,857.
expenses-,——
Frov.
utilities,-
$139,340;
issued
Delaware Power
'
ation
public
year,
contracts,
these fees will be passed
Operating
operations—
Prpv,
of
Normal tax
income
Government
it
"
profit
being
from
Other
$2,393,435
19,914
-
'
August—
Accrued
833,548
64,146
3,703
,
regular
stock,
Sept.
Common
equipment-..
Prov, for doubtful accts.
'
have
the
Net
plant
prop.,
and
Gross
on
for a
157,
.
$1,518,255
719,173-
v
mine,
weekend,
V Duluth Winnipeg & Pacific
Ry.—Earnings—
1943
mount-
It was
/'
$1,381,250
765,526
-
July 31,
,..T
record Oct.
V.
31
admin.
and
gen.
expenses
at
As
-
Thomas
sold
Sell.,
Dominion
molybdenite
the
over
$0.42
The directors have declared a 2%
stock dividend on
stock, no par value, payable in common stock on Oct.
first
ducting cost pr goods
•
records
158, p.
will
.
statement
1 cent
..a
None
•
Coty International Corp. (& Subs.)—Earnings—
_
the
Indian
2,000,000 pounds of molybdenite.—V. 158,
4
'
with
the
on
operations
July 30, last, and in each quarter during 1942.—V.
World Broadcasting System,. Inc., has
agreed to pay 3% on the rental
revenue
from
transcriptions used more than once.
For commercial
transcriptions used only oncq and then .discarded, there will be no
fee other than the -normal payment of
wage scales to musicians.
343.
p.
held
mill
new
started
Inventories
stock,
Pec.
$0.59-
$18,130;
Federation of
Deerfield
the
on
255,003
$0.74
s
common
record
$^fi.O?9
255,003
current
purchase
contract
of
Coronet Phosphate Co.—Resumes Dividend—
,
$504,544
255,003
Sheet,
income
on
agreement
cents
that-
April 26 and July 26, last. Payments
April 20 and July 20, 75 cents each;
158, p. 484.
follows:- Jan.
as
record
$635,242
255,003
is
directors
share
1944, but allow for the making of new. phonograph records and tran-scriptions immediately. The contract, provides that Decca will
pay fees
on a graduating scale for
every phoriograph record Sold, ranging from
Va
Oct.
of
,
5
on
holders
to
of
'
share has been declared
Oct.
on
The
1,743
39,bl/0
$848,039
Federation .available
.
The
•
p. 981.
?
25
per
payable
disbursed
>
$6,500,000
Corn Products Refining Co.—65-Cent Dividend-*-
'
the
Dominion Oilcloth & Linoleum
Records,Inc.-^Agreement with Union—
joint
"The
IW
of
$4,000,000
the company had
3118,000
of
*
months."-.
needed
as
Cr 15,739
'
inventory adjustment,
$7,222,256.—V. 156, p. 1236.
phonograph
interest at the
pay
service
a
At
at that time
1945,
23
1,046,500
post-war
total,
American
share was paid on
a
contract
v
$435,582
Records, Inc. and Chairman of the Board of World Broadcasting
Systetn, Inc., is as fcl'ows:
"American Federation of Musicians arrived at a
complete under¬
standing this morning with Decca Records, Inc. and World Broad¬
casting System, Inc. which will make the services of the members of
was
company
for
reserve
were; ;the:
„
T
$806,805
,
unit
this company,
Sept. 20.
production of
u,
1,957,574
2,170,903
sh
installments),
Orders
as
A
the
(less reserve for depreciation of $253,144),
#622.893; un¬
improvements to leased property, $130,041; total, $7,222,256.
Decca
1942,
cn
$7,452,777
2,629,599
Crl2,168
-
__
com.
subject-to renegotiation and to changes
$52,438,000
on TDec,-31.
' 1940
1941
$1,681,765
$3,006,774
—
stock
(future
A
Unfilled
■■■■■
first
by
stated
$1.00
—
taxes
ployee-.'
effect.
Unfilled
higher: than
Dome Mines, Ltd.—Molybdenite Mill In Operation—
,
Liabilities—Accounts payable, $1,262,926; taxes payable and accrued,
accrued liabilities, $472,979; land
contracts payable (current
installments), $9,000; deposits orv merchandise, $1,367; reserve Tor
adjustments and contingencies amounting
are
157,
p. 2447.
$174,047;
9G8;
figures
now
made.
were
owned
(3,445,744
,
tax
paid
equipment
to $1,019,000.
Note—The above
Sept. 20 declared a dividend of 75 cents per share
outstanding capital stock, payable Sept. 30 to holders
22.
In preceding quarters, distributions of $1- each
Sept.
The directors also declared a
wage and salary dividend. of 6#
on
their third quarter's compensation in 1943 from
current profits to those
employees actively employed by tae ciinpany. on
Sept. 30, 1943.
Three,
six, nine and twelve months ago, a timi.ar
payment was made.—V.
768.
p.
1942
profits
tax,, $237,352;
deposits with
insurance, taxes and other expenses,
$4,773,173
304,401
$1.28
share—
on
record
.
charges, includ.
common
directors
the $5,000,000
of
Assets-^-Cash on hand and in banks, $1,906,760; U. ST Government
securities, $322,800; U. S. Treasury tax notes and accrued interest
thereon, $445,715;
accounts
receivable,
trade,
sundry
and
accrued,
$37,407; merchandise inventories, $3,379,348; post-war refund—excess
1941
$21,360,039 $14,039,101
tax&f
In the tax
The
the
amortized
1943
—
per
189.
on
v
expenses——}
profit,
expenses '(net)-.;
Prov.
Cooper-Bessemer Corpi.—Earnings—-
Federal
158,
$20,010,364 $14,228,612 $10,368,523
17,003,590
19,itUTUi
0,932,1*3
SOld——)
operating
Other
earned
extensions,
Of
Operating
Sept. 22 declared a dividend of 75 cents per share
On the capital stock,' payable Nov. 20 to holders of record Nov.; 5.
This compares
with 25 cents each paid on Feb. 20, May 20 and
Aug. 20, last. Payments during 1942 were as follows: March 3, May 20
and Aug. 20, 25 cents each;'and Nov. 20, 75 cents.—V; 158, p. 484.
sales
below—V.
1943
—
on
Net profit after all
158, p.
The.
—
COSt
Corp. of America—75-Cent Dividend—
The directors
.
..$114,493,294 $59,203,213
(Joseph) Dixon Crucible Co.-^-Reduces Dividend—
Agreement—
this
Inc.—Earnings—
Balance
^
-V.
251.
corporation and the Gov¬
Dec..,31, 1942, has been concluded. The
indicated by the. preliminary report of
year ended
the same as
Years End, July 01—
Sales
*
capital
surplus, $8,378;
157, p. 2446.
for
paid-in
surplus, $1,888,972; total, $18,134,651.—V.
Earnings
between
agreement
Davidson Bros.,
Liabilities—Capital stock (par $1), $836,028; funded debt, $7,020,000;
payable, $77,717; accrued taxes, other than Federal and State
taxes on income,
$61,034;
accrued interest,
$146,092;
miscellaneous
accrued liabilities, $9,254;
provision for Federal and State taxes on
income, $447,171; consumers' deposits, $162,455; reserves, $4,046,419;
credits,
633
'
22,098
Total
surplus,
p.
21,740,"Ol-
293
——'
con¬
July 31, 1018
accounts
Net
paid-in
6,237,752
—
——
.
_
r
company
Cushman's Sons, Inc.—Offer Made to Preferred Stock¬
holders—
Assets—Ffoperty, plant, and equipment, $15,129,386; intangible. assets,
$842,663: investments, $11,055; cqsh in tanks and on hand, $945,074;
U. S. Treasury tax savings notes, $717,151; accounts receivable
(less
reserve of
$14,840;, $235,679; indebtedness of employees, $3,859; in¬
ventories, $166,208; deferred charges, $83,579; total, $18,134,651.
at
$1,537,435;
Sundry credits
corporation, made public Aug. 16, which showed that ..voluntary
price reduction plus renegotiation would result in 'saving of
$175,139,379 to the Government.—See also V. 158, p. 768.
'
1
'
surplus
the
the
327,338
$77,363
corporate
deferred
$1),
(par
subsidiary
a
contracts
Unearned discount
con¬
$342,313
81,194
renegotiation
Settlement
6,621
deductions
•Loss.
stock
common
in
Curtiss^Wrighi Corp.^-RenegGtiation
A
ernment Tor
$933,693
l,99J.
Gro 38. income
Income
99,673
„
-i——/
•.
interest
for
reserve
profits
157,795
'60,500
Deprec. and -depletion.:
Other income
$4,850;
minority
$67,000;
reserves,
$760,279; earned surplus, $780,398; total, $5,230,803.—V. 156„
41,034
''
earnings
miscellaneous
$2,000,000
'
Security
accrued
$500,000;
solidated,
193,849
and State income..-—
Fed. & State inc. taxes
■;v
Net
staff,
$381,734;
tingencies,
1,365,616
-,•
and
note payable to bank, $9,619;
$405,289; accrued taxes, $587,364; other ac¬
liabilities, $120,466; owing to directors,
$69,434; due to subsidiary companies not consoli¬
and
<
$2,000,000
—
2,000,000
2,000.00)
1,912,710
1.816,041
Reserve for prem., disct.; taxes-and
<r>nting.w ' 1,070,260:
503.0U
Loans payable and due to banks and
customers 101,250,180
31,212,47 J
payable,
payable
dated,
$2,834,915
Capital
Surplus
Undivided
accounts
officers
$3,629,734
$441,082
Liabilities-—
1
Liabilities-T-Pank- overdraft,' $6,944;
.
trade
1943—12 Mos.—1942
$716,436
receivable, $19,117; other assets, $76,942;
property accounts, $800,193; prepaid expenses
$41,776;
intangible
assets,
$57,670;
total,
.$$, 230,803.
Consolidated Gas Utilities Corp.--Earnings—
1943—3 Mos.—1942
accounts
$1,204,462;
charges,
deferred
counts
Period End. July 31—
other
investments,
//■
ready to-be llauidated
and dissolved, and it is expected the other companies will be in - a
position to liquidate and dissolve during the latter part of October,
1943.-~~V, 158>.,p. ,4129. ;
,'
' •
»,
was
deferred surplus^
deficit, subjeT
excess
$13,168; total, $5,946,839.—V.
to final
profits
t^xes,
155,
251.
p.
j
.
delcrrd-
$442,"43;
,
r
Easy Washing Machine Co,,
cents
share
per
payable
1
Oct.
profit
income
30, 1043
and
168;
$11,600.)—104,600
<
46,762
(less post-war credit of
profits tax
paid
Interest
—
,
—
for
Provision
5^0,051)
_—.w—1——
2o,000
rehabilitation-^——
post-war
Power
American
&
earned
to
transferred
Profit
surplus—$105,058
Sheet,
Balance
June 30,
; v.
r
,
:
■
banks and cn hand. $439,280; U. S. Government
$18,500; accounts receivable, $2,329,792; inventories,
S3 947,963;
advances to washing machine industry for gun mount,
tools
and
equipment, $9,968; other assets, $56,406; capital assets,
$3,317,268; deferred charges, $164,491; total, $10,283,669.
at cost,
112,816
101,565
&
Power
161,312
89,930
89,933
192,970
Redemption Galls and Sinking Fund
.
19.6
1941
-
bonds, notes,
stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in .the "Chronicle."
'
1
,
Bakeries Co.,
American
5% cumul.' preferred stock.*—-Nov
Canada, Ltd., preferred stock..Sep
Corp.,
Viscose
American
20-yr. 3 'ic debentures due 1962 —-Oct
Co.,
American Tobacco
Breweries of
Associated
1st preferred stock
Sep
$5 preferred stock
—-—Oct.
Eendix Home Appliances, Inc., class A stock————Nov
& Co.,
(Ludwig)
Baumann
Creamery Co.,
Beatrice
Binghamton Gas Works, gen. mtge.
Boulevard Temple M. E. Church—
15
1
15
1
30 ''
28
1
30 X
5% 50-yr. gold bds._Oct
bonds, series A—
5%
current
J 2056
1079
ref,
&
Gen.
Electric
&
Gas
Dominion
A'
due 1950——Oct
collateral trust
OVij/A
Co.,
(
puluth,
Ellicott
Famous
& col. trust bonds, ser A, B & C, due 1951_Oct
Froedtert-Grain &.Malting Co., Inc., preferred stock—Nov
G.
H.
Foundry Co., 4%
R.
Grand
debentures, due 1950-..—-...Oct
Hotel Co.—
1959—-———.--^-—-.—Nov
Mobile & Northern RR.. 1st mtge. bonds, ser.. B & C Oct
mtge. 5%
1st
Gulf,
bonds due
Printing Co., 2V»%
F.)
(W.
Hamilton
Cotton
Iowa
Illinois
series A. due 1953——
Oct
Illinois Power & Light Co., 30-yr. 5 V2 % bonds due 1957-Sep
Industrial Natural Gas Co., 5.5% bonds due 1947—.—Oct
1st
"
ref.
&
mtge.
6s,
inspiration Consolidated Copper Co., 1st mtge. conv. 4
"
bonds, due 1952
——_________________Oct
Ry. Co.. ref. & improv. mtge. bonds____-Sep
International
international
due
Rys.
Central
of
America.
1972
1st
1st mtge. 4V2s, ser. A. due 1958_Mar
Iowa Power & Light Co., 1st mtge. 4s, due 1968-U———Mar
Kankakee Wataer Co.—
r
X
.'XX
.
T
1
1
1034
20-yr. conv. 5'A % debs
3debentures due 1949.
Nov
984
985
Republic Steel Corp.—
578
money
8.90
1134
1134
1134
1134
1
1
1
*
673
'
:
•
>
*
Iron & Steel Co., collateral trust 71/2S,
■
(Del.),
9-23
(quar. 1
______
X:: $2
10-
1
9-18
B._X.X_____..X^X___
10c
25c
conv.
class
5c
9-30
9-21
9-30
'9-30
9-20
(irreg.i
_X
9-30
9-20-
6c
9-30
9-17
15c
10- 1
0-23
.
A
opt.
9-20"
Pa.)—-
Light Corp.—
div.
series qt
1928
X X;,
" __:.'X'-
(l/64th share of class B stock or 37'/ac
,
.
'
*
1
9-21
50c
v
.
cash
9-20
10-, 1
2
9-15
$ 1 Va
class A
(Reading,
&
2
10-
$ 1 »/2
(quarterly)
Cities Power
10-
,10- 1
9-30
25c
Adding Machine, com. tquar.lX
_-:_.__..:___:______:_.____^_X___XxX-.:'X.
Credit,
10-15
10c
_:_v.
(quarterly):
9-30
10- 8
10-15
25c
^
Co.__„
Insurance
Casualty Co.
11-
X
10-1r*.
1
9-16
10-15
9-30
10-
25c
10-18
10-
Anaconda
9-30
Wire
&
Cable..._
10-13
10-14*
2
i
9-22
.
8
-
9-23;
*'
Apollo Steel Co._,
„
9-20 :
>9-25
.■
9-15
-
9-21
9-30
9-27 X
.
X
9-27
10-15 J"
10-15
10-219-20
.
9-30
8-31
9-20 X
9-25
9-25;'.
9-17
9-24
,
Trust
&
Co;
(Montcla(r,>
"
Co.
of
v
Canada
$2
.9-30
$2
12-31
-*• •*
* X
t$114 "" 10-15
t$l 'A
10-15
•.
preferred
Trust
Trust
Co.
Co.
(Cambridge,
Mass.)—
.
\
(Montreal)—• '
ftiuarterly)
of "Canada iquar.) _r_:
"
•
x
.
9-30
9-27
;
:
Co.
9-n? X
,
9-20
XX
X"'
u. 12-21;'.;,
.- :i;.9-30 XX
9-21
10-, 1 <;•.
15c.
,;H-;
•
Bank of Boston
(quar.)
n.,
_XXivXx.
;•
1180
9-16 i
9-23:
10-15
11? 1
10-
9-15
40c
10- 1
12« 1.
40c
12- 1
$3
SI
:
;
Bank
of
Chicago
.6%.
preferred
Canada
9-25
Life
Canadian
6'4
11-15
11-15
9-30.
.
Cannon
.
•.
•
X
9-30
'
9-20;
10- 1
9-30 7
Assurance
(Toronto)
Fairbanks-Morse
J$5
l.quar.)_i
Co. Ltd.—
Xo-30 *
X$ 1.5010-15
',X
10c
;i-X__-_'..XXX_:--_l__r.X'X
Co. •_'*
9-10-
•;'X''-'V;'X-.X\X. VrX'X-XX
(quarterly)X_X-':_:-:X__:;X__*.X:
Shoe Co.
.Carborundum
9-20
...
10-
9-21
1
.
>
.__
%
.
•
.
"
-
,
^
.
.
Southington Bank & Trust
(Conn.)
(quar.)_
\x ". X$,l
50c
Extra
.'X 9-30
X
,
Collateral
9-1,3
9-13
9-30 X
.',•
Quarterly
Btate
5.0c
Bank .of
'State Street Trust Co.
X
Quarterly;
Texas
Bank
Quarterly,
25c
Kenmore
«
(Boston, Mass.)—"
r
''" '•*
__________
&
Trust
Co.
(Dallas,
.3;
9-21,.
9-30
,t|i.
9-20.
9-23
.
(quar.)
$1 50
$1'A
Investment
(Del.)
Cement,
class
*
'
.
9-18
9-28
10-1
11-1
10- 1
Corp.—"•"*'■ ••-■'
10c
..
(
.
9-20
10-14
-
10-14*
9-23
9-23
9-20.
10-
2*
9-21
9-2 L
"9-20
9-24
-
10-15*
9-9
9-21
•
10-7*.
9-30
9-14
9-27
-
4c
:___
A laccum.i____
___
■•
10- 1
10? i
$1V2
$1.63
(quar.)___
35c
Container Corp. of America:,—'
75c
Converse Rubber, 60c-special pfd.
(annual):
60c
Corn Products Refining, common ■)quar.)
65,c
Vt
preferred (quarterly)..
Sl'%
Coronet Phosphate Co.
(resumed)::X_—_X
$1
Cottrell (C; B.i & Sons'Co., 6X pfd. (quar.)''
$1.50
Consolidated
.
X
6preferred (quarterly),:__X_„l-_______:-"«
G Vz '/r
preferred (quarterly)
Connecticut Investment'Management
•
9-25
___
__________
(Boston, •Mass,)
;Semi-annually
X' 9-30
9-24*
Banking Co. XN. Y.)
""9-28
9-14
Thompkins City Trust.(Ithaca, N. Y.i (quar„), ,<•
... 50c-. :* 10- 1
.Torrington Nat'l Bank & Trust Co. (Conn.t— X.
,•
.
9-20
Quarterly
."11*.; $2'/z
10-' 1
Trade Bank & Trust Co. (N. Y.i
(quar,)X;-i
15c X.ll- l': ; 10-20
9-20
Trust Co.' of Georgia (quarterly)
+;■ X $6
10- 1*
Textile
■
•
^
_i__*'!'40c
(quarterly)
-50c'
Co,
(irregular) 'X_:___X___:__X__
Columbus &• Southern Ohio Electric—;
Commonwealth
"... ;'x-:
$2 XX 10- 1
Texas)—
Loan
Columbia Mills
-
X 10-,..!
.;
-
9-21
,.
..
.
.
.
9-30
(quarterly)
___X^_____:XXX 37V2c'X;io- 1
(irregular)_X~X_X___X_-__^__:.
17c
9-20
preferred-
9-10
9r30
(quar.ill
•
11-15
10-15
$1
9-30
-IX,.;;X'$3¥lltf:9-3p.10- l
Mercantile Trust Co. (Bait.) (quar.)i__iX7iXiX'X\"$2^v.X---9-136.X:v; 9-30 xx Carnation Co., 4% preferreid^(iquarterry")''XX $1
Carter (J. W.i Co. (quarterly)15c
9-25 1
9-30
Miners Nat'l Bank of Pottsville, Pa.- (quar.) > \ $1.12
9-3,0,
12-24
Case, Lockwood & Brainard Co;, iquar.i.
$2.50
10- 1
Quarterly
VX
$1.13 X 12-31
Celotcx Corp., common_X__'X:X_f•; 12 'Ac
9-23 A.
10-29
.Morristown Trust Co. (N. J.) (s-ai,"x 'X75c:y>. 9-307"
v5%• -preferred
• ."••
25c'
10-29..
;r. «*:•>'• I
National Metropolitan Bank (Wash., D. C.'i— • ' •
Ceqtral Fibre Products, commmop (irreg.i
25c10- 1
Semi-annually
XX- $3<v.. 10-J15 X 10-.4
12-11
X"6% preferred (quarterly) X_:XX_XXX_:x_X:_37 Vic
10-1
Extra ■•
X.$3;: f. 12-21
'
Chicago Daily News Inc., 3'X pfdX jquiir.)_"_ J' X $1.25
"10-T
Northern Trust Co. (Chicago)
(quar.i__XLX' Xf $41A *',. 10-'1 •» 9-24;
9-20: Chicago & Eastern Illinois RR.,' $2:*class • AX'-: ; ..X
$1:'' 10-15 1
Old Kent Bank
(Grand Rapldsi
(quar.tX^X' ^//Xi^OciXxiOxxl U
Chicago Electric Mfg., $2 cl. A pfd...(accUmJ
•
? 50c..-"10- 1;
Philadelphia National Bank. (Pa.)
$ 1.^5
10-' 1 x"; v 9-22,
Chicago Railway Equipment,' 7'X,.pfd. (quar.)
43:,Ac
10- 1
Provident Savings Bank & Trust Co. iCinn.i— .j„i
'•« •
Chillicothe Paper Co., 4V2% pfd. (quar.) _X_:
SiJ^'i
10-1
X Quarterly
X11X' :'X X' -25c X-10-; 1 <•*•. 9-24 <■':
9-24
City Investing, 7%;''non-cuhi. pfd/(quar. >X_ X
$l3/4
10- 1
:
Extra
1
_XI'_ 'X •
5c * ; 10- 1
City Title Insurance (quarterly) :X_:x_X_+:-:'; ,.v;15c
10-20
Putnam
Trusts
Co.,
(Greenwich,
Conn.)'—'1*-,.,
Cleveland
9-25' •
Quarries X--XX-_X-_—X^.---X_„_:"
50c
'0-17
Quarterly
_„_'___XXX,VlV-X- 2.5c x ,10- 1
t.
''
Cleveland Union Stockyards (quanA12'/2c
10- 1
Republic National Bank of Dallas (Texas 1— X,. X,.
xX.
Clinchfield Coal, - 7"k, preferred (quan. ):'_*_XX-:y A $1%
-■ 11-:1
-9-15 >
Quarterly
'_iXX'XX.:vX40c .X 10- 1
Cophenour Willans Gold Mines—_'—:XX____
43c ; 10-20
9-20
,V
South Norwalk Trust Co. (Conn.)
(quar.lfc.l v,
51 X-lO-Xl
Nat'l
4
9-28
9-24
preferred
Callaway Mills
■
1
10- 1
25c
California Water & Telephone Co.-—-
X
9-25
75c:XX/9-30 -,:
X$3 '"X; 10-15 :%
9-16
:
10-1
t$1.50
):25c
_
9-21
Y.i
J$1.50,
(quar,)X_—X-X_X:__-X—$1V4
12- 1
California Electric Power, $3 pfd. (quar. i.xXX' 75c X"111- 1
California-Oregon Power. 6%. pfd,-.t. (quar.)
'%• $1 '/2
10-15
'67»
preferred (1927 series) (quarterly):xXXX
$l'/b
10-15
7%
preferred
(quarterlyi_xXX___:XXx_XX::X
$13A •' 10-15
>
'
(quarterly) r____^_____X
preferred
Extra
5%
: X 9-30
2nd
(quarterly)___XX—____
Brompton Pulp & Paper. Co. Ltd. (quar.) ___
Brooklyn Union Gas_-___
Buffalo Insurance (N. Y.) (quar.)__/X_X;XX_
Burger Brewing Co., 8X
preferred (quar.)_
Burlington Mills Corp., common
.'*: ■'
^
■:_'___:^__:A.';x,X-
:
(N.
Telephone Co.—
X;6%' 1st preferred
6%
12-29
60c;/xl0- 1
;
:
9-27
.,•■
••''.
Trust
Columbia
British
•
(quarterly)
J.i
Merchants
T
-Oct
1
9-23
10-15
11- 1
Springfield Safe Deposit & Trust Co, (Mass.)—'
295
—'
Bank
Quarterly
1178
1
1958
10-
r
1178
—Oct 30
due
5
9-30
■
897
—-——Dec
Taylor Wharton
10-
10-. 1 '
10-. 1 X;
.
40c,-, 10- 1
;;Xv'' 40c XXI- 1
Bank of St. Paul (Minn.) (s-h'»>•;:
$5VaXV 10-';lXX:
Merchants Nat'l
0
1179
1179
1949
$3'A
25c
American Furniture Co. Inc., 7% pfd. iquar.) X
$1.75
American Home Products Corp. (monthly)
20c
American Maize Products (quarterly)25c
7% preferred (quarterly) X:_XX_>--X:X'_XX
x;
$13A
•
.
20
9
series A deterred bonds of 1926
1
___
Iron
&
Fire
preferred
$3
•
9-30
(quarterly)_____ _Xx 2,^c XlO- 1
Lincoln
Bank
&
Trust
(Louisville,
Ky.)-—
V ,:X-X'X
'■
:
Quarterly
:
I_1; >•. X $1 W'/X 10- 1
Markel Banking & Trust (Hazeltine, Pa. >— vXX^^^
1
1st lier. 6% income bonds-—Oct
Southwestern Pub. Service Co., ser. notes due 1943-54—Oct
Southwestern States Telephone Co.—
series B, due
9-23
10-
10-10
(San
—'
.
Bank (Portland, Ore.) (initial)
Lawyers Trust
.
Co..
N.
Extra
898
6s,
1
American Foreign Investing Corp.__
10- 1,
10-15 X
40cX;
•
Quarterly
1
1st
Nat'l
Harvard
*y
1174
*
1175
—Oct
Swan
6A
of Rec.
_____________________________
National
"Guaranty
986
Co. 1st jhtge. pipe line s. f. 3JA%
United Gas Co.,
-
Ala.)
Non-cum.
.
Southern Natural Gas
Southern
9-30
10-
62'/2c
(quar.)_
Co.
10-13
1
•
Quarterly
681
———
iMobile,
General
11565
1956
Bank
.
.
bonds^, due 1970—Oct
Trust
(Quarterlyi__X__._„i__JL
Co.
American Business
X 50c X 10- i f. ' 9-20
(quar.PXl'XX.Xr 45c .
.•9-30X '. 9-15;X
X 9-30 XX
(quar.ilx '••.V.;- 75c •'••;: 10-Vl
——•_____
National
X
"*"
1071
291
195,4
due
Union
&
•
Extra
Fla.i—'
■
Tex.)
First
1
due
Louis
St.
(Dallas,
First
1
bonds
of
Bank
Additional
1st mtge. 3 JA%
4s
Bank
National
First National
Smith. Calif. Gas Co.,
1st
Co.
Extra
%
-,
Sl'/2'
..-.I 50c
(quar.)— :X X 30c
—
NatT
Quarterly
1
Benedict's Abbey,
*
,
L
First
1945-1946
Nov
Sliawinigan Water & Power Co., 1st mtge, & collat.
trust sinking fund 4%
bonds, series F, due 1961—Oct
St.
9-28
1
10-
.
1
27
.
-
rrtge. cmv. 5V2s due
1st
Mass.) (quar.)
(Newark, N. J.» —
11-
50c
(Springfield,
Bank
Fuel
Alabama
Allemania
ttoiaert
;
*
1035
Nov
1
Gen. mtge. 4V?%
bonds, series C, due 1956
— Nov
1
Ititz-Arlinton Trust. 1st mortgage 6s due 1946—Sep 27
Roman Catholic Bishop of Portland 1st mtge. series K
4% bonds due 1958—
—
;
—Oct
1
Roman
Catholic
Episcopal
Corp.
of slhe Dioces.e of
London (Ont.), 1st mtge. 4% bonds, sferies A
Oct
1
Purchase
9-30
•
30c
,
—
; 1034
—
.
$i>/2
(irregular)__
'
X..Oct 19
; •5
3%% debentures due 1954
*
Oct 19
*
Norweli. Inc., 6% 1st mtge. bonds, dated 1936———Nov 15
$2453
Nuloft Bldg. Co.. Inc.. 1st mtge. 6% bond cti's.:
—.Oct 15
677
Ottawa Light Heat & Power Co., Ltd., 3V2% serial ref.
mtge. & collat. trust bonds, series B, due 1944-1948—.Oct
1
990
Parr Shoals Power Co., 1st mtge. 5% bonds, due 1952—Oct
1
582
Paterson Ry. 2nd gen. mtge, bonds due 1944—
.Oct
1
896
Pennsylvania, Ohio & Detroit RR.—
:..X ■ '.XX
1st & ref. mtge. 4'/aft bonds, series A, due 1977——.Oct
I
582
Phillips Petroleum Co., conv. 1%% debs, due 1951 — -Oct 18
'
*
Pittsburgh, Cincinnati, Chicago & St. Louis Ry.—
- X'.'
Consolidated mortgage bonds, series, D to J
Sep 30
1074
Co.,
9-25
9-22 '
9-27
$2
,
mortgage 4'A'/<
American
'-•■k
_
.
771
1034
1
9-23
1
.
889
Longwood Towers Co., preferred stock
.
________
Mercy Hospital, 1st ref. mtge. serial bonds .dated 1942—Oct
1
Miller Co., 6Va%
1st mortgage bonds (extended) „Nov
1
Mountain Ice Co. of N. J., 1st mtge. 6s, due 1944———Nov
1
National Light & Power Co., Ltd., 1st mtge. bds., ser. C_Sep 20
New York Dock Co., convertible 5% notes due 1947—Sep 30
North
When
$1
-
—
57t
1
27
of Rec.
.
.
Niagara Share Corp. of Md.,
10-
Holder •
1
.
770
bonds, series A, due 1959———Jan
1
Kentucky Hotel Inc., 6%- gold bonds ■ _________--__X'---Oct
6
Kentucky Rock Asphalt Co., 1st mtge. registered bonds'— Sep 29
Keystone Public Service. Co., 1st 5s due 1978~___--___~Oct
1
Benign C'oal & Navigation Co., 4% fund. & impt. bonds.Jan
1
Litchfield & Madison Ry., 1st mtge. 5% bonds due 1959—Nov
1
1st
10-
25C
•X Quarterly
Payable
Companies
(quar.)
First
Iowa Pwr. & Light Co.,
When
Payable
$ 1V2
25c
10-1
Atlantic Realty Co.
12-21
(irregular 1 _X:X__XX'____
15c
10- 1
Quarterly ___——________ — __XC X Xr 30c
1- 2
Atlas Thrift Plan, 7%
pfd. (quar,iX_:—XX_
fl7V2c ?X10- 1
Canadian Bank of Commerce Alorontoi—v...-vt ;' >;>?:/.>*•
9-30
Atlleboro Gas Light Corp. (quarterly)
XxX
$2. X 10- 1
Quarterly
—_———
■#.,'U- 1 /
Auto Banking Corp. -(Philadelphia)—
XX
'
Citizens Commercial Trust & Savings Bank
XXvX'XX.I'
$lJ/2 convertible preferred (quarterly)__:X
37'Ac
9-30
(Pasadena,
Cal.)
(quarterlyi
—X - X $1JA x^. 10- 1 - X 9-27
9-20 :X; Avery (B. F.) & Sons Co.:_:_X____X^__^_:__
:
50c
10-10
Clearfield Trust Co. (Clearfield. Pa.)
tquar.) X
$2xv'10-jl
Axe-Houghton Fund; Inc. (irregular15c
10-1
Extra
XX.-X 25c 10-'. 1 ; X 9-20
9-24
Axe-Houghlon Fund "B" Inc., com. (irreg.i X
30c
10- 1
Clinton Trust Co. (N. Y.) (quar.)__
.
35c
10- 1
Babcock-Wilcox Co. (irregular ) __X:___„X:_
9-27
50c X 10-30
:
Colonial Trust (Pittsburgh)
(quar.) ______?XX-■* .-Xr$l
10- 1^'h
9-20
Badger Paper Mills, common__X
••
50c
10-25
Colonial Trust (Waterbury, Conn.)
(quar.)_
" $1 X: 10-T
A-.-. 6V
9-20preferred (quarterlyi_______I_,.__^
75c
11-1
Columbia National Bank (Wash., D. C.) (s-alX-c^i'
$3.. 10- 1
Baldwin Co.,
common
20c
.
9-25
Commercial Trust Co. (Jersey City)
■9-25,
(quar.)
"7 50c rX-10-X1 v
:
6%
V 9-20
preferred (quarterly) —XX-XX-X-XIXX'X- ;
$1.50
10-15
Commonwealth Trust (Pittsburgh) (quar.E—X'*rvX^lX^.lO-.1
6%
preferred series A (1924) (quar.)
$1.50
v 9-15
Delaware Trust Co. 1 V/ilmington)
(quar.tiXV37(Ac: -: 10-15:. ,*9-30
Bartgis Brothers. 6% conv. pfd. .iquar.)_r__;
37%q;XX 9-30
•'Depositors Trusi Co. (Augusta, Me,) (s-&)oX^XxX; $ 1A
10- 9 \ 10-1
Bausch & Lomb Optical, common (quar.)
25c
10- 1
Eastern Trust & Banking .(Bangor,
Me.x.
;
5%'. convertible preferred (quar.)____X.;__
$l'A
10-1
Semi-annual
/ •'. X:.,: $6 •;. >T0-..l X- ,9-25
9-30
:Birhiingham Fire Insurance Col '(Blrming-% ■■
Empire Trust Co. IN. Y.i (quarterly) ___XX_'',XX;X 75c XlO-,5
9-24
-X
ham. Ala.)
(quarterly)::.:__-__j,'___^
■ •
35c
9-30
Equitable Trust Co. (Baltimore, Md.) iquaf.i; : '
l.OcX 10-1:
Botany Worsted Mills, $l»/» pfd.; (quar.) ____
31 'Ac
10-1
Essex Trust Co.
(Lynn, Mass.) iquar.i
$2.50 X
9-30 x; 9-17
Bridgeport Hydraulic (quar.)__X
X-XXX. • -. 30c
10-15
Farmers & Merchants Nat'l Bank (Los Ang.):—r j'XvX ' XX•'X-: :x.
Brink's Inc. (quarterly)„__X_X_X-:i-:X:_---,.
$1'A
9-30
Quarterly
v. v. $4Viy*
10- 1 x 9-25 x,
British-Amei'ica Assurance Co. <s-at__X__X_$ $ 1.50
10- 1
•First & Merchants Nat'l Bank (Richmond)—
X ' X, •; .!:• X.' r-
484
©82
1033
.
"
Houston
:___
Extra
5
Snare
Trust
and
(Jacksonville,
Bank
*
XX'X. Extra
mtge. 5s,"
——Nov
——
National
X, Quaiterly
Co.—
Power
-
(quar.).
Bank & Trust (Conn.)
American
Bainett
■
390
1
1
Realty
,
share
Angeles)
Baltimore
Trust
Reduction
Air
*
*
Trust Co. (Pittsburgh)
Bankers,Trust Co. (Detroit) (s-ai
1
1
1
S,
1277)
on page
,
_ _
_
Supply Mfg., class
in
1033
bds. due 1954—Oct
of S.
1
•
25c
of
Co.
States
Allen-Wales
Allegheny
20
3(As, series A. due 1967—
—.Oct
Houston Natural Gas Corp., 1st mtge. 4s, due 1955——Nov
mortgage
receivable,:
post-war refund
investments
(Texas|i
X—_ _■: IXX:
Pittsburgh (Pa.)XX:
of
X_ 1
of
Co.
Fargo
Aero
show the dividends
we
Per
Home
1st
United
follow with a second table in
we
Name 91 Company
Co.,
Haytian Corp. of America, 4% conv. col.
Telephone & Telegraph Co.—
Then
week.
Boatmens
debentures —
Oct
Ltd.—
1st mtge. & collateral trust 4'A % bonds, due 1950—-Nov
1
Hartford Electric Light Co., 3% debentures due 1967— Oct .1
Hall
Trust
American
Co.-Park Place
Hotel
Traverse
Trust
Union
$2460
National
Wallingford
The dividends announced this week are:
Ltd.—
Canadian Corp..
Players
1st mtge.
$11,864;
taxes,
(Los
Bank
_ _ _
_
Union
declared.
.
.
accounts
fixed assets, $1,644,940; deferred charges to opera¬
Trust
Union
684
grouped in two separate tables.
are
Bank
.
—i—
—
X'''
_
dividend payments in many cases are given
under the company name in our "General Cdrporation
and Investment News Department" in the week when
.
981-
.———Dec 15
Missabe & Iron Range. Ry., 1st 3y2s, due 1962..Oct
1
Square Co.. of Buffalo, 1st mtge. 5%. bonds—..Nov
1
1045
due
bonds,
$721,691;
-___XX--Xl_
Quarterly
ord of past
XX;x
769
1
bonds, series A,
mortgage
&
National
Union
"X 991
previously announced, but
which have not yet been paid.
Further details and rec¬
886
981
*
enver.
4
Bank
Quarterly
In the
bring together all the dividends announced the
we
which
*
galias Ry. & Terminal Co., 1st mtge. 6s, >x.-. 1951—1.—Sep 27
due
Tramway Corp.—
XX-'
banks,
26, 1948
Industrial and Miscellaneous Companies
Dividends
1128
885
1031
886.
1031
668
30
1
Climax Engineering Co., 1st mtge. 5% bonds due 1946...Oct
1
Colorado Milling & Elevator Co., 5% conv. debs.; due '68,Oct 15
Columbia River Packers Ass'n, Inc., 2% debentures—Any time
Consolidated Edison Co. of N. Y„ Inc., 3 'A % debs, due '46-Oct
1
Cushman's Sons, Inc., $8 cum. preferred stock..:———..Oct 15
in
and
profits
excess
(quarterly)
Wilmington Trust Co.
1127
238
1031
766
1
Chesapeake & Ohio Ry. series A preference stock——Oct
Cincinnati & Muskingum Valley RR., 1st 4s.__
—Sep
Cincinnati Street Ry. 1st mtge. 6s, series B, due 1955._Oct
$1.93
Fran.)
1031
Oct 16
—
120,000
$2.45
$348,926; total, $6,153,746.
Wells
Central
trust
120,000
$2.37
$238,753
Union Bank & Trust Co. (Montgomery, Ala.i-
$In Volume 157.:,
•Announcement in this issue.
first
1
mortgage bonds due 1952———————————Oct
Arkansas Public Service Corp, 1st lien & col.
1st
120,000
'•»
$2.40
Quarterly
1126
*
•
$112,753
4,458,114
X
Per
-
-
,
preferred stock ——————Oct
Witherbee Sherman Corp.. 1st mtge. 6s, due 1963——Sep. 28
Wurlitzer'(Rudolph) Co., preferred stock-—
—Oct
1
u
942
1
$173,703
120,000
hand
on
Inc., $375,515;
Union
Page
81
Date
1
,
Bridge Corp., 4%. bonds due 1952Dec
class A stock——————Nov
I. G. Chemical Corp., 5Vs>.% debs, due 1949—Nov
State
$163,998
Name of Company
7%
Whitaker Paper Co.,
126,000
$167,577
investments, $61,490; inventories, $2,887,239;
Federal
tions,
683
gold debentures extended at 5% to 1947—_Nov
Co., col. tr. 5% inc. bds., ser. B, due 1977_Oct
Bros.-Kennedy Co., 1st mtge. 5s, due 1955—Dec
Texas Utilities Co., 1st mtge. 3aAs, ser. A. due 1969_Oct
West
common
120,000
Page
Werner
be found a list of corporate
Company And Issue—
Alabama
American
Co.,
1
Nov
________
'•
,
,
120,000
(Continued
15-yr. 7%
and
of
13.0
Date
dated
120,000
Assets—Cash
$102,071;
25.4
Warren Bros.
Below will
cap.
of any companies
Issue—
bonds,
Revenue
$293,703
paid
University of Illinois Medical, Dental & Pharmacy Bldg.
Valvoline Oil Co.—'
4,545,621
$283,998
.
158, p. 1131.
appearing in both periods.—V.
and
5,047,464
$287,577
Unci.
surplus__X__
stk. (no par).
per share—
Earnings
%
Amount
31,658
22,886 X
11,632
The above figures do not include the system inputs
not
138,602
$4,696,867
$4,839,324
Consolidated Balance Sheet, June
1942
1943
Light Co.___.X
National
Company
preferred
Shs.
—Increase—■
1943
$4,558,265
138,785
$5,331,462
Balance,
—Thousands of Kilowatt-Hours—
•
(
$4,700,539
$5,677,052
—
exp.
*
,
Operating Subsidiaries of—;
American Power & Light Co.—..—
Electric Power & Light Corp.—1-
in
Assets—Cash
securities,
-
$5,180,646
150,816
151,886, X
income —
Dividends
$0.21
*——
share——
per
oper.
of client
inputs
compared with the corresponding week
as
$22,755,802 $20,881,083
18,055,262
16,322,817
$5,525,166
X
etc.-
income
Deduct
Net
System
the
during 1942 were as follows:
Earnings
£>r$69,-
Inc., which'' are subsidiaries
Light Co., Electric Power & Light Corp. and
National Power & Light Co.,
21,225,684
5,389,474
1943,
16,
Sept.
$26,406,331
2222.
companies of Ebasco Services,
operating
of
profit
Net
,
ended
week
the
companies)
24,088,192
income,
Gross
Inc.—Weekly Input—
Ebasco Services
For
Other
affiliated
$29,613,358
—
Gross profits on sales
;
earned surplus, $1,537,-
$500,000;
cost
owned
X June 26/43 June 27,'42 June 28,'41 June 29,*40
2
:
Less
rehabilitation, $25,000; common
class "B,". 461,374
18,150 shares of class "B" common stock,
stock,
treasury
154; total, $10,283,669.—V. 156, p.
other charges^—^—$360,221
——v-1——-^v-X—, ,,,
^3,800
tax
capital surplus,
$2,456,808;
shares),
wholly
7
Sales
(class "A"—-57,240 shares;
without par value
stock
(Including
Years Ended—
advertising
reserve for
contingencies, $122,000;
for
reserve
$63,277; reserve for post-war
expense,
X—^$£42,447
general expenses-.
—
606,5/0
~
before
Profit
Income
Excess
$3,500,000;
Economy Grocery Stores Corp.—Earnings—
$388,942;
wages,
$294,294), ,$319,368; note payable to bank,
tax series.
notes,
Treasury
$10, both
X..XX
and
income
Federal
estimated
for
operations-——~—-$335,877
1—
i
r—
24,343
from
Profit
Other
par
■
the 0 Months Ending June
for
_
administrative
fuelling,
stock,
the 7cumul. preferred
holders of record Sept. 15.
on
to
Statement
Income
Gross
in
accumulations
of
a dividend of 17'/2 cents per share on
addition to a quarterly dividend of 17V2
declared
have
directors
The
account
accrued
liabilities, $148,939; provision
excess profits taxes
(less U. S,.
accrued
other
$267,300;
taxes,
accrued
$1,024,021;
payable,
Liabilities—Accounts
Ltd.—Accrued Dividend—
Monday, September 27? 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
1242
9-15
-
10-15
9-17
'
10-15
9-15
11-20
10-15
10-25
10-15
10- 1
10--1
10-r ':
8-3
lX
11-
5
10-
1,
10-
1
10-
I
9-22
9-30
Volume
Number-4215
158
THE COMMERCIAL & FINANCIAL CHRONICLE
•
■■■■■■.
Same of Company
Creamery Package Mfg.
De
Pinna :(A.i
6'i?
Dean
(W.
Co., class
preferred
E.I
Dempster
Detroit
(quarterly)!___!■■■:
..-(quarterly)
Manufacturing Co.
Mill
Co.
Gasket
&
Holdert
Payable
10-
K
15c
10-25
50c
10-
1
10-
9
(quarterly)!!!:!.!!_!
Detroit Steel Products (irregular)-!
Diamond Ginger Ale Inc.
(quarterly!!!-!!!;
25c
9-30
9-21
Dixon
75c
9-30
9-22
iJosephi
Dominion
Mfg.
Crucible
Oilcloth
(reduced)___-_
Co.
Linoleum
&
Co.
Massachusetts
50
9-29
Mason
9-29
+35c
1011-
9-20 ••
1
60-
11-
1
10-
Sl'A
25c
9-15
10-
1
1
9-29
10-12
9-30
3
12-20
1-
25c
37'Ac
25c
.
__
'A ',/> preferred (quarterly) ________„!____
Pall River Electric Light Co.__
9-30
$1 '/a
1
10-
I
1
9-18
Cleaning & Dyeing Co.-—
(quarterly l
!
$1.75
Field: (Marshall) & Co. (quarterly)—20c
Filing-Equipment Bureau, 4%> pfd. (quar.)..
SI
preferred
V10-15
Froedtert
Extra
$4
Grain
&
pfd.
non-cum.
iquar.i
10-31
Malting-.(quarterly).....
Fundamental Investors inc
Galveston-Houston
; 20c
Co.
Garlock
Packing Go...
General
Baking
'General
preferred
Optional
preferred
common
Oil
Goodall
Worsted
Great
Co.
1
10-
1
11"
1
7
10-
10-
Bank
Gulf
cum.
Mobile
Shares
preferred
& Ohio
(L.i
Hart
Battery Co.
RR.,
_!—_
(this
i'r
Inspection
clears
Finance Corp,
preferred
Insur-
&
(this
5'it:
Gas
preferred
Howell
6',.;
!'<>
7'>
2nd
preferred
!'<■
2nd
preferred
preferred
T.i
4
$6Vfc
9-28
Ontario
10-29
9-28
Orchard
Farm^Pie,
common
1
1
conv.
Park
""
9-30
9-30
9-20
$1.12J/2
9-30
9-20
9127
'
9-20
12-21
12-21
9-23
11-
1
10-15
12-
7
1
"Investors
10-
Fund
"C-;: life.
1
'
10c
Investors Mortgage Co. (Bridgeport, Conn.) —
Common (quarterly) :!„.!—15c
1CU
1
10-15
7preferred
(quar.D
Manufacturing (quar.)
1
9-30
Jeannette
:
'
T_Co, 7preferred (accum. 1
non-voting common
Glass
25c
Si3)
10-1
9-22
10-
9-24
•
Founders
7',/,
25c
9-29
9-17
$1
shares
9-29
(E.i
&
$l3/4
Co/; (quarterlyi_.25c
Sons
Co,
9-29
1
10-
1
5'.c.
preferred
Kendall
Kidde
•
&
Supply,
(quarterly)
Refining Co,
(Walter)
&
"
10c
9-30
15c
common.
~
10-31
v
25c
10-
5
10-
5
1
10-
$7
1
'
(quar:)
-
40c.
$2
.
$i.3/4
10•
9-20
1
9-30
9-22
10-
9-
1
.
,,V
3
10-
1
9-20
-
10-
1
9-20
Linn
•Virginia.—/7: 'i'75c
Manufacturing
Corp., (special)!."..!.!
Bleachery, Inc,
Mabbett
{
(Geo.)
'7'/. 1st
V/«
Mahon
preferred
Co.
fR.
C,)
Extra,
1
9-20
30c
1
9-21
.
11-
!•
'<•
9-30*
Co,
Screw
Stearns
5%...
Steel
;■!'/"
1
9-20
Stokely Bros.-& Co,-5%
,10-
1
9-20,,
Suburban
1—...
class ,A
Inc.
pfd. (quar.)
,
.
,
Manning Maxwell & Moor^..
■
25c
10-
1
9-20
,50c
,
-
10-15
10-
10-15
10-
,
,
5
15c
'
10-15
10c
u
(quar.)_^
5
25c
10-
2
9-30
9-30
$4
2nd
Taunton
'
(increased)
pref.
iquar.)
York
12-
1
9-30
11-
1
10-15
"
9-24
9-15
+l%c
10-
6'
9-25
$l Vi
$l34
10*
1'
9-24
10*
1
9-24
9-30
9-22
15c
.
»'
<
>
'
.
'
9-27
9-27
V
'
.
Trust Companies
$2
(quar.)
Bankers
Trust
10-1
9-25
,$2
9-30
9-29
9-30'
9*29
Bronx
5
$1
'
10-
1
10-11
10-
1
10-25
9-21
9-21
$6
10-11
9-30
40c
9-24
11-1
&
12-15
9-21
9-30
'9-30
9-17
11-15
10-30
35c
9-30
9-30
9-18
9-27
9-27
f75c
' i 1-
1
10-
f75c
11-
1
10-7
10-1
9-30
25c
7
$1
IqUartefly 1
Telluride Power^Cc:;'17%-preferred iquar.i.
Terre'Haute'-MalleableMfg. (quar.)
50c
si
11-
1
9-28'
10-
10-18
9-22
40c
1
Dunkirk
(Columbus,
City)
10-
1
10-
Co.
9-30
9-30:
9-22
10-
l'+
10-
1, "
9-15
■
(Montreal)
45c
10-
1'
9-15
10-
l!
9-20
$iy2
10-
1
9-24
Bank
Ga.)
:
—
(quar.)!
(quar.)
(quar.)
_______
(Dallas, Tex.)
$1
!
10-
l!
$1
10-
1,'
9-25
10-
1
9-22
20c
10-
1
(quar.)
Bank
(N.
(Chicago)
(quar.)—
(quar.)__'
Y.)
(quar.)_—
(N.
(quar.)_____
Fifth Third Union Trust Co.
(Cinn.)
Quarterly
(Baltimore)
$1.75
10-1
9-15
Nat'l
10c
9-30
9-24
First
Bank
of
National
(one
share
of
,9-30
12-31
9-18
10-
1
9-18
+$1.50
+$2
10-
1
10-
1-
9-20
9-20
$1
1
9-30
9-30
9-30
9-18
1
9-30
10-
50c
iquar.i.
$2.50
50c
9-24
1-1-44
_
10-1;
12-44
10-
1
9-16
10-1
9-18
10"
9-18
1
Uptown
for each 25 shares
held,)..,
Chicago
Bank
10-15
$3
$1
(quar.)
—
dividend
1
1-3-44,
9-25
12-24
i;
$6
(quar.)—
Baqk .(Chicago, 111.)
Extra
1'
.
;
10-
7
Bank
10-
9-23
1
(Halifax,
(quar.)
First .National
11-
$11/k
Bank
Y.)
National
12-30
(Stamford, Conn.)—
(Pittsburgh)
Trust Co
9-30
10-
$1'A
9-18
$2
(Halifax," N. S.)_!.—____
& Trust
9-30
9-17
l;
40c
$1 Va
Co.
Trust Go.
Avenue
+$1
10-
f$2
(quar.)
+
Trust
-
y!
40c
Canada
of
National
Stock
9-15
,''.
Quarterly
9-15
9-20
IV
'
■
Bank
Fidelity Title
1
9-24
.12-24
1:
10-
50c
Durfee Trust (Fall River, Mass.)
Fidelity
'■
1-3-44!
(N. Y.)—
Eastern Canada Savings & Loan Co.
N. S.)-(quarterly) •_
Eastern.
1*
9-17
$13A
National
& Trust Co. (N. Y.)
Trust
Fifth
10-
50c
(quar.)________
(Kansas
National Bank
Drovers
9-20
•
$1
!
•
"
9-30
10-
$2
Bank
Quarterly
First
;
(quar.)__
(quar.)
,
30c
50c
$1.50
l;
Exchange Nat'l Bank & Trust (Phila.)--
Dominion
9-13
9-30
12-31
10- If
10-151
.
50c
iquar.)
(quarterly)__________
Co.
Dallas
2
12-
Co.
Conn.)
Quarterly
10-1
Trust
&
Crown
10-15
10-
V2 c
,
—_____________________
Quarterly)
9-30
12-31,;
(Toronto)—•
Manufacturers
Co.
9-30
10-15
Y.)—
Quarterly
9-16
10-15
: f 62
"(quar.)
Commercial Nat'l Bank & Trust Co.
9-18
37V2C
(N.
(Phila.)
Executor
Tr.
9-21
9-30
&
&
Corn
'•
f$l
Title
Continental
25c
_
Quarterly
Quarterly
9-18
l'
9-30'
(Rochester, N. Y.)*—.
Commerce Trust
9-20
10-
$1
—_________—!
Columbus "Bk.
9-21
9-23
$2
(Clnn.)
(Waterbury,
9-21
25c
Bank
Co.
Citizens
9-25
9-30
1
$1
(Richmond, Va.X (quar,)
Nat'l
Chicago
9-25
10-
(Wilson, N. C.) —
Chemical Bank & Trust Co.
9-25
9-24
9-15,
35c
(Wilmingt'n. Del.)
Trust
9-16*
1
1
$1
Penn
1
10-
(quar.)
;
Chartered Trust
5
10-
10-
(B'klyn) (quar.)
•Resumed
9-20
10-1
Bank
Central Trust Co.
9-20
10-
Nat'l
9-20
9-24
$3V2
___!
Central
!!;'
10-1
20c
9-30
l'
10-
50c
Central
9-30
'.''k.
9-30
t$2V'2
Quarterly
9-22
10-15
(quar.)_______
County Trust. Co.
Central
9-22
9-30
50c
$2V2
'
Central Nat'l Bank
D-22
9-30
—
Central Hanover Bank & Trust Co.
9-15
10-14
50c
Bank
Banking & Trust
Quarterly-
8
9-25
:
(quar.)
Brockville Trust & Savings (Ontario) (quar.)
9-22
50c
Co.
Branch
9
9-18
$l'A
Co.
10-
1'
10-15
(quar.)
Quarterly
11-20
9-30
10-
$2
..
(quar.)
Bensonhurst National
9
10-
10-15'
$1
50c
Fran)
(quar.):
(N. Y.)
9-16
7-
<1
(Chic.)
(quarterly)
<
Signal; Co'! (irregular)
Light'
Manhattan
9-23
10-
'
preferred .(accum.)!_
Gas
2.
10-15
40c.
Yorktown
31'Ac
prior
Electric: Securities—
Submarine
•
1
1*
9-22
l!
Quarterly
of
9-25
10-15
(San
preferred
Bank
50c
Co.!com.
convertible
Nova .Scotia
9-10
J31V4C
(accum.)
(quar.)
Canada,ucommon (quarterly)
preferred (quarterly)._'___
(quarterly)$1.75
$2
1
60c
of
1
10-
1
10-
of Commerce & Savings <D. C.)
(quar.)
Bank of Commerce & Trusts
(Richmond, Va.)
9-28
$1.20
i
&
American Trust Co
New
9-17
37V2C
Co.
Frederick)
1
5,
1
; ;
——
^
American Trust Co. (Charlotte, N. C.)
Extra
of
25c
participating, preferred
Co.
10-
10*
10-
10-
___!
of
25c
•
___:
(quarterly)
10-
Fund,
/ .:, ,
(accum.)
Stanley •'•Works,; common.
•V5.',! preferred■!(quarterly
;
10-5
The list does not include divi¬
Savings Bank
Quarterly
Bank
5c
■
Standard
9-28
$1.50
________
Quarterly
10-
i2c
:____
(quarterly)•_—'_—$1.75
;
1
10-15
10c
Products!Co:;A(irregular)
A
8
9-16
1
week, these being given in the
i.
j
&
Banx
9-30
v
Sojitftern Indiana- Gas-.<& Electric—
4."8''« preferred (quarterly)
10-16
,*,9-27
•
10-
$1
50c
Southern.; Advance Bag & Paper (quar.)
Southern Berkshire ;Power & Light (irreg.)_
Southern California Gas Co,'6'.i> pfd. (quar.)
class
10-
•
Sl'A
________
9-23
50c
,
______
;
Quarterly,._!!!_':!'_!_!!:l_l!_________:
Standard ■Pavihg'-'&-.Materials: Ltd.—
s
9-17
thik
...
10-20
3c
Co.!-_—!!!_!_-!!_^__:
.
10-
9-24
75c
9-23
Bank (Fittsfield, Mass.)—•
the
.
10-21"
V
(quar.).!
$2
(irregular). ^$1%
(quarterly
^Jtfgnhattan .Bond
1
Nat'l.
of
10c
__
General—
'->•!Partic.;conv.-'preferred
Sons Co.—'
preferred
2nd
Macwhyte
&
1
11-
10-15
Lord*,& Taylor, 8'^ 2nd preferred
Lowell
10-
10-
9-28
(quar.)_—!>!-____$13V
Paper
!
give the dividends announced in previous
Bank
50c
Corp.
'«?
■
of
'
Southerns-Wholesale Phosphate & Acid Works
9-13
$ 1.25
preferred /(quarterly)'!!:!; 87VaC
Water
Preferred
4*
Liberty Loan Corp, class A - (quarterly) il—'"* ;L7 Vic
I
Class B /(quarterly)-!!.-!i!-_'"!!'!'_!_.>:—!.1; :
7
Insurance
9-23',
J15c
.
Mines,- Ltd. (irregular)_.____
9-20
10-13
k
'
,>$3%
(quarterly)
;
Sloane-Blabon- Corp.T—
6% preferred-class A
9-20
1
12-1
$1 >/4
Zook.Co.:';(quarterly)L_^_____._____
Extra,.
k';
(quarterly)$1.50
Lehigh & Wilkes-Barre Corp..!-!l——'■
uLeich "(Charles) & Co.; 7 'M .'preferred iquai .i
Lenox Water Co. 1 quarterly>!!!—!!!•!!_;_!_', ■
Life
preferred
Surety Co.
preferred
!.• Sonoco
'
\
10-20
::
______
9-21
10-
9-30
10-1
25c
Sloan &
r
9-20
9-30
.
1
$l>/2
(quar.)
Simplex
9-25'
10-
-
10-31
9-21
.
Co.
(quar.)____
Silbak Premier
.
9-20
(reduced)
40c
Protective
Shasta
1
•
(irregular)
Croix
convertible
9-20
1
American National Bank & Tr. Co. (Mobile)—
>
!
9-20
1
& ^Electric
15c
9-20
10-
preferred
$1 y2
10-1
10-
Lawrence :Gas
10-9
10-1
Co.__—50c
6<6
10-25
10-
$1V8
■(
Knapp-Monarch Co, $2J/2 pfd. (quarj—_.i ;. 62l/ac
.> $2.70 preferred (quarterly)j!'i!!..:!!^'_^'L!
67V»c
La Crosse Telephone Corp. (irregnhtr);!!——>v. ,' 15c
LacledorChristy Clay,Products Co.—
k • Common, 1 irregular).
!>■:<*?■ 10c
•
$1
$1
•
$6 preferred. (quar$1V2
'Security Storage ___!_____!!
$1
Sharon Railway?-_!r!!!!!—87V2C
^
J!!!!.—V4-
....
9-15
$1.25
$5 preferred (initial quarterly)!
:
^
Kansas Power & Light, 4V2(l
pfd. (quar.)!'!
Kawneer Co.
(quari),!---.!!!.—.;!!l'.___!__
/
9-15
1
1
^^!!:
common
Securities .Corporation
9-20
Kellogg Switchboard
1
10-
9-15
9-20
7''( ' preferred (quarterly)!___$13A
Kansas-Nebraska Natural Gas Co. Inc.—
TO-
9-30
$2
9-21
10-
—
11-
60c
(resumed)
(quarterly)
Quarterly
11-1
Seaboard
9-17
9-30
25c
common,.
,$$.1'A
75c
Mines
common
Amalgamated Trust
10-1
v
Kahn's
1
$3
9-17
preferred' (quarterly 1
Johnson Service
1
10-
10-1
9
10c
.
common!!
Electric
9-20
1
iquar.U_
American Nat'l Bank & Trust (Chi.)
(quar.).^______
St. Joseph Stock Yards (quar.>__!____
Sangamo Co, Ltd. (quarterly)!!______:
Schmidt
Brewing Seaboard Finance Corp, common (quar.)
$2 preferred (quarterly)_i
9-17
Jenkins Brothers,
10-22
G5c
.
Paper Co. (quar.)!!__________
St. Joseph Rwy. Lt, Heat & Power—
5'/<- preferred (quar.)
9-17
9-30
Quarterly
25c
St.
9-30
$1.75
1
&
9-22
10-
,
1
James
40c
$2'/2
$11-2 convertible preferred (,quar.37V2C
Rolls-Royce, Ltd.—
Amer. dep. rets, for ordinary regis, (final)
$0,392
Root Petroleum, $1.20 conv.
pfd. (accum.)__
; $1
9-15
10-
$1.75
Bank and
25c
11-
10-15
Agricultural
10-15
International Utilities Corp.—
S3V2
prior preferred (quar.)
$1V2
11-1
9-30
50c
Radio-Keith-Orpheum Corp, 6pfd. (accum.)
10-21*
Gold
Co,
1
1
11-15
9-25
SIVA
11-
12-
$1.10
-50c
Paper
9-27
1.
9-15
10-15
(liquidating)!!
10-
10-1
Button,
10-19
9*30
50c
+$1.75
1.0*15
?$134
Rhode Island
preferred.——...
U 9^25
1
(quar.)
Rhinelander
10-19
,
1
10-1
40c
—
Co
preferred
preceding table;*"
9-r30
11-15
/
4V«
10-30
1
Girl
announced
11-
-
.
$1.27V2
(quar.)!
Co.!____
10-
'
Water Co.
Car,
11-15
$1,50
Bank
Steel
11-15
$1%
(quarterly)
we
12-1
+$l.?/2
9-30
Rochester
8 7'Ac
dends
9-21
Pyle National
11-30
6%
9-25
9-30
Ralston
50c
10-5'
'n
1
9-21
$6
1
10-20
9-21
Tel.,
10-
10-20
1
Equipment
10-15
Below
10-
1
&
L.
Public Service Corp. of N: J:—
6%
preferred (monthly)!
9-30
$l'/2
pfd. (quar.)
weeks and not yet paid.
Proyineial Paper, .Vic .preferred
,
10-15
Vx preferred (quarterly)
—
Youngstown Steel Car (quarterly )!____
17Vac
9-24
10-
£$3.75
—
25c
2VaC
tquar.).
...
Co.
11-15
1
Ltd.—
Electric
Co,
S,i
u.
9-11
1
1.
pfd. (quar.)
10-
Tel.
(quarterlyt!!_!!_.■
9-20
Employees stock (quar.
Pneumatic Scale Corp, Ltd, 7'r
10-
Interstate
9-25
(quarterly)
Cordage
9-24
1
12-
JS1.20
1 accum.)
B.i
Yankee
4V2%
James
Suburban
(A.
preferred
Ymir
9-27
1
5yrj conv, preferred
Union
Plymouth
12-10
9-30
Plainfield
'
V:'r
9-27
1
10-
...
30c
Home
1
10-
Mills, Inc., common
6'-2^:!preferred (s-a
Pittsburgh Coal Co, 6> partic. pfd, (accum.
9-20
non-cumulative
Interstate
10-
$li}
Pilot Full Fashion
12-10
9-30
$1.75
is-a) —__!_—_!!—
Telephone Co, common
9-30
$1
Co.
prcfen-ed——,
30c
International Milling Co, 5'} pfd. (quar.)!_
$1.25
tj'!
10-20
$1.50
!
common
Philadelphia Transportation
Philadelphia & Trenton RR. 1 quar.)
-Philip Morris (shown .under letter M)
12-10
9-30
68®iiC
Aviation Group Shares
9-30
&
preferred
9-24
9-17
9-30
$1.75
.
10-20
10-1
(initial)^....!..
$1.75
(quarterly)
11-23
A iquar.i
25c
(quarterly)
(quarterly) _—_—__!!_
12-10
7%
1
11-
(quar.)—$l3/4
(quar.)$1V4
Candle, 8\'c pfd. (quar.)____
$2
(quar..
T25c
Wood
Worcester
10-15
17Vic
...
WisconsinGlas & Electric,
9-23
1
10*
Baumer
9-21
1 :
1-15
10-
11-
Springs—
9-30
$1V4
pfd.
iquar.i...
12-21
Mineral
Alexander
1
10-15
433Ac
(s-a)
(accum.)
9-30
10-20
B
9-17
2-
9-30
.
Securities Co.—
10-20
V*
(s-a67J/2c
(Toronto, Ont.)
683/4C
10-
A
9-25
Co, $1.35 class A
WilsiL Ltd.
10-
•
9-24
9-30
.
1
9-24
preferred
10-11
class
9-20
$1®A
9-24
9-24
10-20
20c
9-30
9-30
preferred
11-1
class
9-30
15c
10-
1
1st
10-1
preferred
9-30
10-15,
1
75c
f
9-30
10-15
17l/2c
1 i
2nd
Will &
10-15
10-
7'/r
$1.62V2
prefeired
9-30
75c
10-
5%
Young
5.10V
?■
Rock
•
10-15
10-
preferred
White
,
87'/2C
convertible
Wrisley
4.40%
Perr.v-Fay
1
1
75c
9-24
(quar.)50c
&
preferred
,
15c
"9-30
-
25c
9-30^
Institutional Securities, Ltd.—
Inter-Mountain
partic.
11-
10-15
25c
1
Co.—
(quar.)
9-30
Inc.—
Pennsylvania Electric Co,—•
9-17
10-
12-23
9-30
11-
(quar.$1.75
preferred
9-30
»
15c
...
9-30'
62'Ac
(quar.)___—,
$5
15c
25c
(George) Ltd, 5Vo pfd. (quar.)_—_
Weymouth Light & Power (irregular).
Wheeling & Lake Erie Ry. (quar.)___
!
—
10-15
conv. partic. 1st pfd. (accum,).
$1.43
Imperial Chemical Industries, Ltd.—
Ordinary shares ('final)"—3'!
Imperial
Life
Assurance -Co.
of
Canada
Ont.)
Car
10-11
•
$lJ/2
'
10-15
Huyier's, $2
(Toronto,
$1%
9-20
9-23
12-29
50c
v-
Weston
9-22
9-22
1
9-30
50c
_______
Western Massachusetts Cos." (quar.)
Western Pipe <fc Steel Co. of
California.
4
9-22
50c
Chemical,
6'/r
10-
9-22
10-
50c
preferred
6%'
'^9-24
$1
common......
9-30
9-30
S1V4
(quar.)—;
10-11
Peaslee-Gaulbert, 6'i< >preferred (quar:$l,/2
Pennmans -Ltd, common (quarterly)
: t75c
•-!'!'! '
•
$1
(quarterly)—
preferred
$1
'
$8.82
,
9-24
1
l
1
Western Assurance Co.
9-22
1
(accum.i_.__
-(quarterly)
Filters, class A
United
Packer Corporation
9-27
9-21
1
$1.31
Lines
Mining
10-
10-
•
preferred (quarterly)--.
(quarterly)!.—
West Penn Electric, 6% preferred
iquar.)__
7%preferred (quarterly)!
10-15*
10-
Packer
9-24
1
$1.75
7'«
10-29
9-30
11-
10-1
Foundry Co," new
New, $6 preferred (quarterly)
Advertising (quarterly)
9-20
,
9-30
$25.35
...
Corp,
10-
11-15
10-
Mfg.
10-
10-21
50c
preferred
9-2*
25c
9-22
1
.$1V2
1
50c
$i«A
•
■
10-
Western Insurance
!
Greyhound
9-22
Oliver
1
11-
(accum. 1$1V8
9-30
(
10?
50c
preferred r(accum.)
Northland
9-22
Husunann-Ligonier Co.—
5'-a'i.
preferred
10-29
Motors
1st
10-
I
4
iquar,)..
(Del.
Inc.—
9'-15
(quarterly).
Co.
9-20
(quarterly)______
___________
!
&
50c
Co.
Power
9-24
9-30
15c
371/aC
Co._*
1
Warren
9-
9-20
9-30
82.50 class B (accum.)—!
,j
——Sl'A
Washington Gas Light.
37JAc
Weinberger Drug Stores (quar.)
12Vic
West Michigan Steel
Foundry, common
10c
50c
Insurance
State
10-1
Co,
Vii
:
10-14
12'Ac
G'/» preferred (quar.)
$1.50
preferred
(huarteriy)
$1.50
1st preferred
(quarterly)$1.75
Bros,
G'r
9-15
.
(quarterly!
Electric
Howes
1
10-
pay-
(quarterly!!.
Natural
Texas
Pacific
(Mich.), $2 class A (accum.)__
Hoover Co, 4',$»# preferred (initial)!!—'-—
5%
River
North
Publishers
Chemical
preferred
.
9-24
10*15
.-;■■■
Bros.
1
1
10*
$1.75
9-30
Mfg. Co.___.i
15c
alj arrears)......
preferred
(accum.)
clears all arrears)
Household
10-
$1
Dairy
Houston
9-15
40c
cum.
ment
Home
1
Judd
2nd
10-
10-
1
87'/2C
9-30
50c
Investment—
10c
,
_
(quarterly)
payment
10-
North &
&
9-18
f$l%
!____
9-30
$1%
preferred (accum.)!!"^!___!!_..!!__!w
5V2'>; preferred (accum:)
9-22
of Omaha!_._
10-15
-6%
9-20
1
American
$4
$1
10-15
(Hartford,
pfd.
9-18
10-20
Machine / (quarterly)
10c
—
Haverhill Gas Light (quarterly) _—!!—-!_._
Hoe iR.i & Co, 6 Va *w cum. prior
preferred
v
North
9-20
10-1
$2-Vi
—■
Boiler
^
9-20
10-
$1'/»
(interim)^
Steam
9-30
9-20
9-28
10c
.
6'(>: pfd.
9-30
$1V2
.
50c
Northern
preferred—!—!
pfd. (quar.
7',0.
New York
Telephone!)quarterly 1
Norma-Hoffman-Bearings Corp..__________:
10-14
1
Britain
9-20
75c
'
preferred
S3
9-30
(quarterly)....
Co.
England Power Co,
No«\Haven Clock, 6Va'/i.
9-30
9-30
55c:
9-27
10-20
(quarterly)
North
$5
$5
inc.—
& Son Co.
Co.
Insurance
New
9-25
•
1
10-
37'Ac
1
Extra
a nee
Fire
l
9-18
.
(quarterly).
Stockyards, 70c conv. pfd. iquar,)__
Utah-Idaho Sugar Co, 60c pfd. cl. A
iquar.)
Victor Monaghan, 7V
preferred—!!..-—.
Wagner Baking Corp, common____-\_
10-1
!!_,____!
Products
10-
iquar.i.
United
25c
•lirregular)........
common
9-20
class
Smelting Refining
7%>
10-18
^
50c
(quarterly 1
Yards
Industrial
S.;
9-22
Extra
Trust
(accum.
Cooley, Inc. (quar.
Hart
Hartford
Casket,
preferred
Distillers
3
10-15
'50c
Investment
1
11-
f$l%
iquar.i _!
common
Harris-Seybold-Potter,
Hart &
$7
National
(Hartford)
Corp,—
Common
10-18
10-
S.
1
Battery Co...
National
•
8
9-27
9-30
(quar.)$1.75
Steamship Co..
Co,
10-
50c
1
1
.
.
preferred
Printers
S.
U.
9-30
11-1
9-28
10-
25c
Co
Co.
Extra ___—^
10- 4
11-
8
•
preferred (quarterly)'•
4';if'{ non-cum. junior preference.!..:!.-,.
9-23
10-20
'10-
$1.75
iquar.)...
4 V partic:
9-30
10-15
preferred
(quarterly)_!.___
Cold Storage Corp.— -partic. prior preferred iquar.)
4%
10-11
*
1
preferred
37Vac
(Hawaii )
9"
(Hartford, Conn.), series I pfd. (s-a)!_—.
Guardian Investm't Trust (Hartford, Conn.) —
SI.50
9-18
9-18
10-
?
!50c
U.
11-26
75c
Co.~
class C'(quarterly)$1.75
preferred
National
Conn.)
(irregular)..!.
Si
6'! preferred (quarterly)......—
$l1A
Group Corp, 6% preferred (accum.)—!,
■!*.••+''» SI
Guardian
7(v
9-18
10-16
•
Telephone " Co.
9-15
._!_
1.
11-1
62V2c
New
,
12-
37V2C
'
(quar.)...—
9-24
Co.—
8
U.
(quar.)
9-23
Hosiery Co. Inc., T/>, pfd.
Power, 7%•• preferred
(Daniel)
!
1
$13»
(quar.).
5
10-
$lVa
...
common
1
Mfg. Co
Lakes
Green
11-
$6
!
10-
10-15
10-
-
Milk Products, common
participating preferred.!_.!!!.
S3
Nashua. Manufacturing
10-
•
10-15
25c
>
:■
United
____
9-30
9-30
preferred
Lakes
Great
of
$2
(quar,)50c
(irregular)50c
Gilmore
Gotham
share
9-10
10-30
25c
Glatfelter (P. II.), 6'A'A
Gleaner Harvester Corp.
Goodman
preferred
9-23
1
75c
(resumed)...—
9-20
15c
34%c.
States Tel & Tel (quar,!...
Mutual Investment Fund, Inc.....
National
cashi
United
Mountain
■
•Mutual
$1
(60/250th
in
9-20
10-15
5c
National, Screw & Mfg...
Naumkeag Steam. Cotton (quarterly.)
$0
or
9-23
35c
Industrial Bank (N. Y. C.)
States Power Co.; com. (quar.).__
9-30
$1'A
common
(quarterly)
General Mills, Inc. (quar
General Realty & Utilities'
10-15
9-30
15c
Corp,
10-15
1
Stock
11-1
J37c
10-
50c
..
Machinery
4'A%
__!_ ■—,.
-
Co
1
Union
2-1-44
.
(Bait.)
Chatillon
non-cum.
$1.75
Shoe
10-15
<
20c
!_!
9-17
11-
20c
■
10-11
1
506'
-
A!!_v!_
V.'»
preferred (quarterly)'
Tuckett Tobacco Co, 7V preferred (quar.i.
10-11
Plan
Mountain
9-21
1
11-
20c'
;
■
Morris
10-15
1
10-
SI
_
9
10-
.
Co,
10-
1
11-1
preferred (quar.
$1 Va
4\'a'/»- preferred v(quar.)
.$1.06•'
Morris Plan Corp. of America—
6preferred (series 1931) (quar.15c
Penton United
Bros.
pfd...!.....
$7
9*25
11-
$1 Va
4Va'/w
;
Tubize
9-25
5c
^Mountain Stages Power
Morris (Philip) <fe Co.,
9-23
10-
1
9-24
10-
Royalty
Travelers Insurance
1
10-1
9-30
9-28
10c
_
;
Shipbuilding
Bell
of Ree.
10-15-
30c ;
lc
7%,
Common
$1.75
Monumental Radio-Co.
9-20
25c
Publications
10-
75c
'
10-
10-
' 20c
common
Quarterly '
9-20
>
9-30
Holdere
Payable
50c
:
:
Packing Co,
Toledo
(quar.)"
iquarterlyi_!_..__!!_!_.____
Shovel
Tom
75c
Montana Power, $6 preferred (quarterly)...
Montreal Light, Heat & Power Consolidated—
9-27
10-1
10-15
$634'
,
9-23
25c
20c
.
8-31
9-30
9-
$1%
:
preferred
Thew
■
'
Midwest Piping & Supply Co, Inc.u_.__^.__
Monroe Loan Society class-A
(quar.)
O
5140
preferred (quar.)...
5
9
10-20
62 V8c
1st preferred.!!_
-
9-22
:
A''-
-
When
than
6%
non-cum! pfd.
Textile Banking Co.
(quarterly)
Textiles, Inc, co mm on
9-30
1
Water,
Tobin
'
preferred
.
10-
19c
preferred..
(accum.)
Per
Name of Company
Texa's
'
lquar..
(quar.)__i_
Refrigerating Co, 7'0
Mid-States
6
10-
Rubber,
1
10-15
$ 13/4
Michigan Silica Co.'
9-20
10-15
15c
371/ac
preferred
70
6
10-
&
2nd preferred
McLellan Stores Co;,
9-24
1
Sl'A
—
Fisher
Tire
80
Holder•
;
Associates—
McCaskey Register,'70
9-20
5
9-18
$1.25
preferred
9-30
9-30
10-
40c
.
Trusts.......:
Utilities
participating
10-29
10-
9-30
1243
of Rec.
10-15
37'/2C
(irregular)
Massachusetts .Investors
Merchants
....—
.-7 %
v.t.c.
10-29
$134
37]/2C
Payable
(quar.).
(quarterly)
50c
•
>
Sons,
t30c
tlOc
(quar.)_
li Extra
Early & Daniel Co., common——
7 '.i
preferred
(quarterly—
Eason Oil, $1V2 preferred (quarterly)—,—.
Easy Washing Machine—
,
'
7'/c. pref. (payment clears all arrears)!.—
Electric Bond & Share Corp, $5 pfd. (quar.)
:;.c$6 preferred (quar.)__
———_!
Electrical Products Corp.
(quarterly)
Emerson Radio & Phonograph Co.-rInitial
(quarterly)
_____
Equitable Investment Trust (Mass.i.
Esquire Inc.
:
.--!_
Eversharp, Inc., 5% preferred (quar,
P. R. Publishing Corp. i irregular)
Pairmount Creamery .(Del.),• com. (quar.)
Federated
Common
9-30
9
&
Co.
Maryland Drydock Co., common___!^_._.___
>70 : preferred (.(quarterly)
'
Maryland Theatre Bldg. (Chicago)—
9-25
10-
(M.)'
Machine
When
thare
Name of Company
,
Calculating
Marshall Field^($hOwn under "letter CF"o
;
9-25.%
1
25c
Marsh
9-27
10-15
(quarteidy)_Li-iwi^^-_\.> 30c
Marchant
...; 9-27
1
10-
$1.50 ¥
(quar.)!!
Per
•4>
9-30
10-1
10c
•
of Rec.
•
37'Ac- >10-11
10-' 1
:"r.\S 5c••':
& Co.
Edison
Detroit
'ikk'k-'k.r
(quarterly) !!!!__!_!.'•
convertible
When
Per
ehare (
..
—
"
10-
1
9-18
>
"■..■ft
Per
noiaert
»v«en
(quar.)
O.)
—
__
Monthly
-ft-
••
—.
——
Extra
First
First
'
70c
Quarterly
Extra
5c
-
_
Quarterly
—
First Natl. Bk; & Trust Co. (Oklahoma
(quar.)
Common
Trust
——
(quar.)—
Glastonbury Bank & Tr. Co. (Conn.) (quar.)
Halsted Exchange Nat'l Bank (Chic.) (quar.)
Harris Trust & Savs. Bank (Chicago) (quar.)
Hartford-Connecticut Trust (quar.)____,
Hartford Natl. Bank & Trust Co. <quar.)___
Imperial Bank of Canada (quar.)
_____
Indianapolis Nat'l Bank (Indiana!
(quar.)_
Industrial Bank & Trust Co. (St. Louis)—
Quarterly
Trust
Irving
Quarterly
Quarterly)
10- 5
Merchants
Quarterly
10- 1
—
40c
40c
nal
ft. $1.50
$1%
50c
$5
__
$2
60c
50c
37V4c
75c
—
Co.
$$3
$1
t
ft„__
25c
$1%
Y.-(quar..).—.
N
60c
(Cleveland) (s-a)______
National Security Bank (Chicago) (quar.) __ ft;
Quarterly
—
National City
National
Bank
Bank
Shawmut
Trust
Ltd.
Co.,
$1%
$1%
ft
Trust
Public
National
Trust
&
Puget
(N.
Co.
Sound
Natl,
Bank
Bk. & Tr. (N. Y.) (quar.)
Riggs National Bank, (Wash., D. C.) —
.
Deposit
Safe
&
common (quarterly)
convertible preferred (quar.)_;
X0** X
9-30
Co.
Trust
Underwriters
(Ohio)
Trust
Y.)
(N.
ft'
(quar.)
Ala.)—
■
Bank
Natl.
Increased
(Youngstown, O.)
Haven.
$2
$2
Quarterly
Tr
Co.
(New Haven)
Trust
Co.
(Indianapolis)
Union
Trust
Co.
(Pittsburgh)
9-21
10-
1
10- 1
Quarterly
1
U. S. Trust Co.
Wheeling
Dollar
Irregular
35c
_________
(quar.)__
(N. Y.)
Savs.
&
_____
$15
(West
Tr.
9-30
10- 1
1-3-44
10-
1
■
'
Quarterly
P.' W. Properties,
A.
Class
Abbott
B
(s-a)
4%
Miscellaneous
class A
10- 1
:10- 1
1- 3
common
preferred
Stock
Adams
Co.
Mfg.
Co.
'
Addressograph-Multigraph
American
Screw
American
Seal-Kap
American
9-21
9-17
9-4
Aetna
Standard Engine,
pfd, (quar.)—
$114
9-30
9-25
_________
3c
10-15
9-30
5c
10-15
9-30
J$l%
10- 1
8-31
5%
9-16
9-4
Fund
(quar.)
Extra
Agnefr-Surpass Shoe Stores 7%
pfd. (quar.)
Agricultural Insurance (Watertown, N. Y.) —
Ahibbrg
Air
Bearing Co.,
Investors.
Inc
Snuff
States
class A
(quar.)
83/4c
10- 1
10-1
9-15
9-20
$2 non-cum. convertible
pref.
(irreg.)
____
35c
9-28
9-20
9-
10-
1
9-
10-
1
Anaconda
10-
1
9-15
10-
1
25c
10-
1
$1V4
10-15
9-15
•
50c
10-
1
9-17
15c
10-15
9-15
60c
10-
1
$1.50
10-
1
(quar.)__
,
30c
*
1
2
ft 10-15
b%
Atlantic
(accum.)
pfd.
10-
9-27
15c
Auto
Quarterly
•
9-20
1
9-20
:•
•1010-
1
9-15
1;
1
9-10 ft
9-15
.
9-15
9-30
9-16
9-30
.
-
9-18
10-
1
9-22 ft
25c
10-
1
9-30
9-21
(quarterly)
Ltd.—
Ltd.
•
9-30
9-1
9-30
9-
ft,9-30
10c
1
9-20
:
Co.,
(irreg.)
9-30
t25c
.8-31
common
10-
1
8-31
10c
___
10-
1
9-15
9-30
9-13
37 '/aC
(quar.)
9-30
preferred
(quar.)
__
$iy2
$1.50
common.—
common
—:
1
9-20
50C
9-30
9-20
9-30
9-25
■
class A (quar.)
(quarterly)—
9-
:
9-30
8-31
1
9-20
9-30
10-15
21C
10-
1
9-20
75c
(quar.)
10-
1
9-14
9-30
8-31
13C
—
•
1
9-15
$1V4
10-1
9-15
$1V4
10-
10-
i5c
'
,
1
9-20
25c
9-30
9-20
87 Vic
(initial quarterly)
common—
9-30
9-20
—
——__ —■
9-30
$1.75
—
9-20
1
9-20
1
9-13
1
9-13
1
9-15
Co.—
$1.25
10-
12 Vic
10-
$134
10-
)15C
10-
——
.
3
9-
9-30
50c
50c
10-
1
9-17
50c
10-
1
9-14
J 15c
(quarterly)—
Inc.
8-31
10-
*50c
"•
•
common—™.—
Distillers—
8
9-30
.-7:
—
10-
1
9-10
—
_______-1—
9-15
75c
10-
1
$1.50
10-
1
9-17
t$l
9-30
9-15
$15c
9-30
ft'.
10-
ft
1
31V4C
9-15
9-20*
1
10-
31V4C
9-20*
"
9-
10-15
f5c
11
1
9-11
11-U5
10-30
11-15
10-30
10-
5c
37 Vic
62% c ft1
10-
1
9-18
10-
1
9-18
9-30
9-10
$$1.25
9-30
9-10
$$1%
10-15
9-20
$ 15c
10-25
9-20
t$l%
$62 Vic
J30C
——
1st preferred (quar.)———-:
Northern Power, 7% pfd. (quar.)
—
..
9-15
•$$2
10-
1
$5fl
10-
1
9-
1
50c
10-
1
9-
1
10-
1
8-16
$12%c
10-
1
9-15
$25c
10-
1
9-15
$5c
10-
1
9-15
(quar.)
Ltd.
^xJ'
Extra '
'7% preferred (quarterly)—_____
;
Canadian Cottons, Ltd., common (quar.) —
6% preferred (quar.)
Canadian Food Products (quar.)—-—;—
Canadian. Foreign Investment Corp.—
.
Common
(interim)
—
preferred (quar.)";
;
—JLi-—Canadian General.Electric (quar.)
Canadipn General.Investments Ltd.—
Registered (quarterly)
Canadian Industries, class A „———
8%
B
Class
"
——
Canadian Oil Cos.;, Ltd;, 8% pfd. (quar.) —•
T/o preferred (quar.)
-i~
—
Canadlan
10-
5
Westinghouse
11-
1
10-
1
9-17
$1V2
10-
1
9-25
Canfie'd
10-
1
9-25
Cannon
class
A
'
t85C
10-1
$15c
;.
$5c
ft
9-15
10" 1
9-15
'
$52c
10-11
9-21
$50c
10-30
9-25
$25c
9-30
9-17
$25c
9-30
9-17
$$1%
9- 4 '
Capital Transit Co.
.
9-30
9-17
$$1
10-
$$1%
101-
2
$$1.30
..'$$2
11- 1
10-
1
3
9-
1
$50c
9-
1
3
11-30
,
10- 1
9-
1
$$2
10-1
9-15
$15c
10-15
9-30
$$1V4 "
10-30
9-30
$$1V4
10-30
9-30
1
9-20
$$2
t$l%
10-
10-15
9-15
(quar.K
1
10-
1
9-
$50c
10-
1
9-15
10-
1
9-10
9-30
9-20
$1.50
(quar.)—
—
$37 Vic
$37 %C
Ltd
Boxes—
(accum.)
6% preferred
Mills Co..
Oil,
Capital Administration,
Conn.)-r-
Co.,
A (quar.)—,.-
Canadian Wirebound
$1
1
9-15
1
lOd
(quarterly)—____________
Canadian Silk Products, class
-11-1
10-
I
10-
t$1.50
s.f.
20c
25c
10-
—
preferred
68 %c
(quarterly)
(quarterly)
9-15
Co., Ltd.—
Systems
75C
(quar.)—,—
(quar.)
(Hartford,
10-
$1.25
62%C
(quar.)
A
9-20
15c
(quarterly)——___
preferred
9-15
1
1
2Vi%
(s-a)___—
J
:
'
__
(accum.)
9-13
io-i
10-
$1.25
:
6%,
-
m3/*
Corp.
10-
)25c
—
Power,
Co.,
Packers
1
10-
20C
(quar.)
(quar.
9-15
9-30
10-11
-
—
(registered)
Co.
9-16
35c
$1%
50c
(quar.) —
Canada Steamship Lines (initial)—
/
Canadian Breweries, $3.40 conv. pfd. (quar.)
Canadian Canners; Ltd., common (quar.)„
;
(5%>. 1st preferenpe (quar.)
Participating
———————————
,60c non-cum. convertible preferred (quar.)
Participating V J—————————
Canadian Car & Foundry—
>7% partic. preferred
(quar.li———
Canadian Converters Ltd. (quar. )_—__——
Canadian CelaBese', common (quar,)———
9-20
$10C
(quar.)__
10-
-
.
$20c
'
Utilities
Co.
:v
9-21
1;.
10-
9-30' ft
50C-
ft
common
preference
Refining Co.—
Insur.
9-30-
1
Canada-—
of
(quar.)
Co.,
r
10-
$1.75
(quar.)
preferred
1
25c
common
Mfg. Co.—
(F.)
Canada
7 ft:
9-25
V 10-
$1.50
^
prior
Finance
9-20
$1%
_______
(quar.)
————
Canada Permanent Mortg. (Toronto)
10-16v
10-
.
9-
10-15
,
$1%
(quar.)
Light, 6 % preferred (quar.)
$3
9-25
50C
Co.,
Watch
Canada
,
preferred convertible
bVz'/o
25c
_i_— -
(quar.)
Co..
5%
50c
preferred class A
Atlantic Fire Insurance
47o
9-25
9-30
10-15
noc
pfd. (quar. )____—
Co.,
Oil
preferred
Common
9-30*
10-15
i.
15 % ft
•
Atlantic
7*
9-18
1
..
"$i%"
_
Electric
Refining,
Corp.,
1
$2
___
(quar.)
Rayon
9-
;
.-
50c
—
■■•;
(final)
10-
$1%
——
6%.
$2.50
ft
9-10
_______
Light Co., $6 pfd.
Company,
10-15
$1%
+32'/2c
•Common
(quarterly)
preferred
}20c
t$lJ/2
B (quarterly)——
Canada Cycle & Motor Co., Ltd.—■
9-15
$1%
'
Atlanta Gas
9-10
10-
—i—__
7%
Investment
9t25
___—
6% preferred (quar.) —
Ltd., com. (quar.)—_—
6% non-cumulative preferred B (quar.)—
Butler (P. H.I, b'/e convertible pfd. (quar.)
b'/o non-conv. preferred B (initial quar,)
Calgary & Edmonton Corp. (interim)—
Calgary Power Co., Ltd. (interim)..
California Packing Corp., common (quar.) —
b'/c preferred (quarterly)—
Canada Bread, Ltd., 6%
1st pfd. (quar.) —
5%
& Electric—
Extra
Associates
9-15
10.-
$2.25
—
(quar.)
Public
9-18
1
<•••.
10-
(quar.)—^
(quar.)
Hegeman
preferred
9
25c
•
Common
9-
;
9
$1%
Construction
Associated
9-
9-30
12 %C
—______
ft.ftftft.be
&
9-11
10-15
Terminal Co..
Bush
$1.12%
_____
Arts Corp.
Oil
3
ft
Glass, common____—
Corp.
9-25
10-
Burlington Steel Co., Ltd. (quar.)_________
Bush
Terminal Bldgs., 77b
pfd.
(accunt.)
9-15
9-15
Applied
Corp.
9-20
10-
Co,
Burkart
9-30
Apex Electrical Mfg., common __—.—7% preferred (quar.)
—
;
Metal
9-21
10-
———
(quarterly)
(quarterly)—
Bulova
9-10
10-
30c '■
preferred
Bullard
8-31
10-
(quar.)———
Co.
Investing
L.)
(E.
9-21
ft
$4
preferred (quarterly)—
Building Products, Ltd. (quarterly)—_—
9-15*
12 -15
$1.75
1
9-30
$1
—
(interim)
Durrell
9-15
1
10-
$1V4
—
$5 preferred (quar.)——
Bucyrus-Erie Co., common
12-
10-
$2
——
common
77b preferred
Brunswick-Balke-Collender
(Indianapolis) —
(quar.)
(ordinary)
&
75c
(quar.)
Columbia
3y2%
9-15*
1
■•"ft;
7%
;
9-10 ft
10-
$1V4
,
Anglo-Iranian Oil
preferred
A
Business
Copper Mining Co.__.
Arrow-Hart
10-15
Corp.—
(quar.)
Light
Gas
preferred
Bruce
9-10
50c
Co., 6 % preferred (quar.)
Arkansas Power &
10-15
10-30
40c
9-24*
1
9-30
25c
common
(quarterly)
preferred
10-30
—
9-21
9-27
20c
.___
Co.,
10-
$1%
—;—
Refining, 7% pfd.
Anchor Hocking
9-15
$1
_________—
(quarterly)
(quarterly)
Co.
Ltd.,
Brown-Forman
9-15
50c
—
Co.,
(quar.)
.;
$5 prior
'4
ft
1
Corp.,
Street
5%
3
62 %C
Co.
Woolen
Automnhilo
—
Co.
—
Water Works
American
Mines
(accum.)
Brooklyn Borough Gas, 6% partic. pfd.
Broulan
Porcupine
Mines
—
9-17
1
quarterly
common
& Tel.
preferred
$5
y
9-14*
10-
—_
Tobacco
American
$6
9-17
9-30
10-
40c
Yards
preferred
Broad
9-30
37 %c
9-30
9-28
—_____—
Ry.
American
British
9-17
25c
cl. A (irreg.)
1
1
;;■■■
preferred
$3
& Sons
J.)
9-25
1110-
Brass
Co.,
Stock
Ordinary
9-15
9-20
9-27
$1%
preferred (quar,)_
9-17
9-30
9-20
10-21 ft
50C
British Columbia Elec. Pow. & Gas
9-10
1
162 Vic
(quar.)—
(E.
9-30
1
9-20
10-
■
1
62V2c
&
Elevated
9-30
9-30
__i__
class A (quar.)
(F.-E.)
9-20
■ft ft
American Tel.
B
*5% 'preferred
9-20
1 i.
—.
Insurance
Stores
Aluminum
British
9-20
1
5c
Corp.____.
Co.,
American Sugar
Autocar
75c
Quarterly
1
10-
1
• $1V2
9-10
10-
$1%
;
9-30
9-28
10c
:
3
9-23
9-20
25c
_____
__________
British-American Tobacco Co.,
10-
10-
9-
1
10-15
9-21
Class
1
y>10-
(s-a)_
Quarterly
Atlantic
Affiliated
4
10c
J.)
N.
(quarterly)
preferred (quar.)
American Stamping Co.
9-13
10-9
10- 1
10- 1
10- 1
10-1
9-
20C
1
10-
9-21
Insurance
9-15
of Illinois—
6%
10- 1
10-10
$1
40c
30c
1
—
Associated Breweries
37!/2c
\
1
75c
10-
25c
J 15c
,
9-30
Brown
Co
9-13
25c
Corp.,
Supply Mfg., class A (quar.) __________
Casualty & Surety Co. (quar.) ______
Aetna Insurance Co. (Hartford)
(quar.)
Aetna
Life
Insurance
Co.
(quar.) ________
5
10-
$1%
preferred—
Co. 4'/2% pfd (quaT.)
non-cumulative
American Rolling Mill
9-15
Aero
10-
10-11
10-
9-18
9-30
Brillo
Lines—
President
American
9-30
9-30
1
10-15
9-15
1
$1V2
Briggs Mfg. Co
:
Manufacturing
9-17
$1%
Paper Goods Co., 7% pfd. (quar.)
American
Ashland
9-30
10-
$l'/2
(quarterly)
,i._j
Optical CO. (quarterly).—______
9-24
10-20
$1%
(quar.)
Corp.
(monthly)
Metals
&
1
10-15
1
preferred
American
■
8
9-30
10-
6%
Tobacco,
Bridgeport Machine, 7%
10-
ft
9-15
ft
3 7 Vic
Brothers
b'/o
$1%
25c
9-13
9-30
$i%,
,y
Bridgeport Brass Co., common (quar.)
5'/2% convertible preferred (quar.)
11-15
12 Vi'C
9-23
9-30
6 2 ViC
—
(quar.)_-
—
Herald-Traveler
9-11
$1V4
10-
10-15
9-30
Bridgeport
(quar.)
Manufacturing
10-
20c
Aetna
9-16
75C
new (initial
& Foundry
9-24
7c
(quarterly)
$1 %'•• ft 9-30
25c
Machine
10- 1
______—________
D.)
(J.
11-25
9-20
11-
(quar.)
77b
Machine
Asbestos
$1
(quar.)
(irregular)
1
$1%
Co.
American
Arundel
10c
Extra
4%
Acme
12-
—
American
9-20
40c
1
(quar.)
common
preferred
10c
(quar.)
1
10-
:_/;
(quarterly)
preferred,
b'/o
9-11
10-
"
6
8-31
8-31
30C
t$2
class A laccum.i———
Brantford Cordage, Ltd., $1.30 pfd. (quar.)_
Brazilian Traction Light & Power Co., Ltd.—
10-
9-
lv
<
25c
Co.
Extra ■■
10c
■
10-
v:
(interim )„___
Bralorne
Locomotive—
American
b'/o
1
1
Laughlin, common—
convertible preferred (quarterly)
Bourbon
9-11
1
1
10-
t$l%
r
9-15
.
10-
$1
20c
Brandon
$1%
;
American Locker, $1.50 non-cum.
7'It
1
15c
:
preference
9-15 ft
9-10 ft.
9-10
9-30"
t$l
common—
Co.________
Inc.—
Sons,
:v
9-10
1
10-
50c
ft).-
(quarterly)
Boston
9-11
9-14
$1.18%
(quar.)
common
(Newark,
Investment
American
9-20
9-20
12-20
10- 1
pfd.
4%%
Corp.
Steel
Manufacturing
&
Booth
1
10-
9-15
9-15
;
75c
(quar.)
7% preferred
Hats,
,
Cement—
Ltd.
9-14
•
ft
■
Corp.,
Borg-Warner Corp.
Boston & Albany RR
25c
Products
-
preferred
Class
9-24*
9-30
15c
9-15
75 c
Loan
&
r
35c
•
Corp..
Industrial
Bon-Ami Co.,
9-15
9-30
7%
preferred
convertible
5%
:;-M';$2
Companies
(s-a)
1
25c
(quar.)
30c
cum.
10-
10-
9-15
1
9-30
43%c
(quar.)
(increased)
of Maryland—
.9-24*
$1.50
Georgia
of
com,
prior preferred Series 1938
Bohn
9-16*
1
Leather—
&
Aviation
Brach
•
'Lu
American
*
$7
—
Laboratories,
Hide
convertible
Extra
Art
and
1
10-
County-—
(quar.)•_.
A
pfd.
Co.,
Boston
____
10-1
10-
;
$1.
10-15
Boston
Co.,., common.;
SS.
'Home
9-15
30c
_____
Industrial
Hardware
Insurance
12-22
$i>/2
75c
75c
—
10-
25c
9-23
40c
pfd. (quar.)
Blue Ribbon Corp., Ltd., 5%
pfd. (quar.)__
Blumenthal (Sidney) & Co., 7% pfd. (quar.)
9-17 ft
10-
1
t25e
b7c
9-30
1
10-
$1%
Bloch
9-17
(quar.)
Insulator
Va.)—
Whitney Natl. Bank (New Orleans) (quar.)
Quarterly
Wilmington Savings & Trust Co. (N. C.)—
9-13*
9-30
9-23
;___
9-13*
1
ft
& Eiectric,
American
9-20
9-23
9-22
$10
Union Trust Co. (Providence)
(quar.)$l »/2
U. S. Natl. Bank (Portland, Ore.) (quar.)__
35c
1
10-
$1%
7
1
Bliss &
10-
$2,
7
9-
10-
Bros.,
Blaw-Knox
12 %c
Co.,
American
9-20
(quar.)__:
Co.
American
9-15
12-15
$3
12-15
$1.75
preferred (quar.)_____v_u._-___
preferred (quar,)_
American
(quar.)_;
12-30
Growers
preferred
6%
9-25 ft
10- 1
9-14
;
Envelope
American
9-14
9-20
9-22
$1
1
$1%
9-
25c
Birmingham Electric, $7 pfd. (quar.)—
$6 preferred (quarterly) —v.—
9-17
(quar.)
Discount
American
10- 1
1-3-44
10-
(irreg.)
■10-11
9-30
1
Binks
;
9-30
<quar.)___
Allegheny
Sugar
American-Hawaiian
9-27
10- 1
12-15
,
1
7
9-30 ?;
1
Bird
9-30
(quar.)
American
—
________________
Union
B
1st
1%
9**22
9-20
•
12-30
50c
American
(quar.)
of
.
(
9-14
12-15
15c
Body
&
Co.
American Hard Rubber,
—
Quarterly
Union & New
25c
preferred
7%
1
25C
_
—
preferred
6%.
;
,
Quarterly ____:
Union
$3
50c
$1
(quar.)
Co.
1
9-30
10- 1
10-1
10- 1
$2
Albany (quar.)
Union Bank & Trust (Montgomery,
-
9-14 ft
1
10-
12-30
$1.31 J/4
(quar.)
common
.11-
;
6'/4C
.
$1.37%
Biltmore
15c
;
9-10
10-
Bethehem
75C
ft
common
(quarterly)
Crystal
$6(2nd
9-25
*75c
$12
Co.,
American Hair & Felt,
9-15
'
9-30
10-
oas
9-15
_
9-20
10-
352%
L_.
1
(quar.)____
common
(initial) 11
preferred_______„____i.______.
6%
25c
1
-
Foundry Co., com.
preferred
&
Fruit
9-30
Trust Co. (Wilmington, Del.) (quarj
Somerville Trust Co. (N.J.) (quar.)________
Car
American
<
9-20
9-30
50c ft
<
(quar.)
preferred
$2 y2
75c
(quar.)____
■
American
9-23
50c
1
10-
68% c
Bickfords, Inc.,
$1.50
9--10
10-
1
10-15
10-
25C
(quar.)__
10-
10-15
$1.0614
9-
1
$1.50 ;
com.
1
$1.06 y4
1
pfd. A (quar.)
American European Securities—
$6 preferred
(quarterly)
American Export Lines, 5% pfd. (quar.)
American Express Co. (quarterly)
American Felt Co., 6%
preferred (quar.)__ ;'.
American Fork & Hoe Co., 6% pfd. iquar.)_
12-24
9-30
..
10-
9-22
1010-
1
Beneficial
25c
Co.,
Can
American
9-18
10-14
10-15
5
1
1
Bendix
1
10-
9-24
10-
■M. 7%c
7%
Bessemer Limestone
—
American
9-17
10- 1
9-30
12-30
10- 1
10-
50c
Coach
b'/o
10- 1
10-15
9-15
5
9-25
,
Ltd., class A (quar.)
Beech Creek RR. (quar.)i_.
Beech-Nut Packing Co.
(quar.)
(quar.)__
Belding-Corticelli, Ltd.; common
7%
preferred
(quar.)
Bell Telephone Co. of Canada (quar.)
9-15
9-30
9-20
r
10-
$5
class
Class
9-17 !
9-20
9-17
10- 1
9-30
9-30
10-
6
9-30
10-
Beatty
9-16
25c
1
10.
$1%
(quarterly)
Associates,
Creamery
$4»/4
9-29
1
$1 %
preferred (quar.)
American Cyanamid, class
9-20
Security
Toledo
7
10-
30c
[f
(quar.)
6%
9-21
1- 3-44 12-24
1-3-44 12-24
10-15
10-11
10- 1
9-18
10- 1 ft; 9-28
1-1-44
12-28
9-30
Savings Bank & Trust Co. (Richmond, Va.)—
Quarterly
_««.
—
—
State Bank of
10-
5c
Irregular
10- 1
ft.ft 75c
York)
4%
$1
■•"ft;
(quarterly)
Coal
(New ./ft. ft*
Co.
12-15
_______—
American
9-15
(quar.)
Trust
10- 1
9-18
10- 1
9-15
10- 1 ft;, 9-15
10- 1
9-21
$1
Renssealaer County
Common
12-31
American
10-30
11-15
37%c
25c
25c
$2%
...
Quarterly
Rochester
$1%
American
10-1
10- 1
10- 1
10- 1
$1.25
40c
(quar.)
(Tacoma)
$1%
stock
Y.)—
_______
(quar.)
;
A (opt. div. series of 1936)
34%c in cash or 1/32 share of class B
9-20
9-20
9-30
9-20
9-24
9-30
9-30
10-1
9-30
10- 1
$2'/a
Bank
Quarterly
?
(quar.)
9-20
$1.75
(quar.)
Co.,
10-
.
20c
Corp., common__u.—_______
preferred
9-15
Note
10-15
•
preferred
12-15
v--——
9-15
1
/
'
.
(quar.)
Bath Iron Works Corp._
!l
9-30
non-cum.
$2.75
10- 1
ft; 87J/aC
.
Savs.
&
1
Cigar, 6% pfd. (quar.)
American Cities Power & Light Corp.—
25c
Co.
Trust
Pioneer
1%
$2%
$2
$1.50
:
(Toronto)
(Boston)
(quar.) ___—
Bk. (Chicago) (quar.)
Pittsfield Third Nat'l Bank & Trust (quar.)
Pilgrim
10-
American Cigarette &
$$2
(quar.)
(Boston)
(quar.)
New York Trust Co.
(N. Y.)
(quar.)r.
Notwood-Hyde Paik Bk. & Tr. Co. (quar.).
Peoples-Pittsburgh Trust (quar.)______;
Phoenix State Bk. & Tr. Co. (Conn.) (quar.)
National
/vi
25c
.
of Auburn,
Bank
,
$5'/2
1
12-31
preferred
5(4 %.
10- 1
9-18
1- 3-44 12-18
9-30
9-25
'ftftft.'
Exura
20c
(quar.)
10-
50c
(year end) •
American
9-30
Extra
Nati
t$iy4
1
Beacon
preferred
6%
preferred
bV*7e
.
9-10
1
(quar.)
Co.
1
11-
•
$3%
$1%
—
(quarterly)
Investing Corp.,
Barker Brothers
:: 9- 7*
9-30
10-
(quar.
■
Amercan
9-15
10-15
J
■9-17
1
Beatrice
Insurance
1
30c
(quar.)
Natl.
9-15
American Bank
10- 5
50c
A
Extra
Extl-a
(N.J.)-—
Co.
Common
9-16*
American Brake Shoe Co.,
9-25
9-29
10-15
20c
(Mass.)
<quar.)___—
Montreal City & Dist. Savings Bank (quar.) 'Munsey Trust Co. (Wash., D. C.)
(quar.)__ .
Q_
10-1
10- 1
10- 1
50c
_.
Trust
Metonomy
■'
Class B
9-15
9- 8
50c
!___—
(quar.)
—
&
Newark Trust
'10-
11-
_u___
"Class B
12-10
9-28
15c
(Albany) (quar.)
Merchants Nat'l Bank (Indianapolis) (irreg.)
Merchants National Bank (Mobile)
(quar.).
Merchants Natl. Baftk & Trust (Syracuse)—•
Common
12-14
$1.50
75c
Bank
Merchants & Farmers
6 %
preferred
9-30
Alliance
Class
9-20
_
Bankers
9-30
Asphalt Roof Corp.—
■
9-15
40c
_,_—__
_
9-10
6%
Airlines, Inc.—
Extra
'
(quar.)
(quar.)
(N. Y.)
9-10
1
6'h
(Milw.)—•
(Chicago)
Mercantile National Bank
1
10-20
common___
preferred (quar.)
American Bakeries, class A
7c •-
Corp.
Bastian-Blessing
American
11- 1, V 9-30.;,.
10-1
9-20
9-30
i
10-
10-
$iy2
American
$$2
$13A
—__
Bank
9-22
9-30
9-16
9-2
9-1
(quar.)
-
9-15
"■
25C
convertible preferred
$4.25
10- 1
10- 1
10- 1
—
Bank
1
80c
American
N. Y.)— ;.ft/
Quarterly
Extra
10-20
11- 1
9-15
9-10
9-28
(quarterly).;
convertible preferred
Marine National Exchange
9-20
10-
__________________
common
of Rec.
'ft
1010-
•"
37 %c
(quar.)
:
Bangor & Aroostook RR. b'/o pfd; (accum.)
Bangor Hydro-Electric Co., 7% pfd. (quar.)
(quar.)
preferred
$7
10- 1
10- 1
10-1
.____—_—_____
$2
Merchants
10-20
50c
(quar.)_
Manufacturers Trust Co. (N. Y.), com.
9-10
Bancohio
50c
Filter,
•
7c
__
1
$1%
(quar.)
Air
___;
Holaert
Payable
p 37Vac
Foods, Inc., 7% prior pfd. (accum.)
Backstay Welt Co. (irregular)
(J. T.) Chemical, 5%%. pfd. (quar.)_
10-
15c
common
(quar.)__
(Monthly~
Baker
2%c
Extra
Co. (Buffalo) —
Manufacturers & Traders Tr.
Quarterly
Common
:
9-20
v
---
9-30
35c
____
common
Mfg.,
pfd,
Mills
B/G
8
50c
pfd.
6%
Sons,
&
^
'
Amalgamated Leather Co.'s—
6%
convertible preferred (accum.)
American
12-15
(quar.)_
Liberty Trust Bank (Roanoke. Va.)
Lincoln Nat'l. Bk. & Trust (Syracuse,
12-18
Amalgamated Sugar Co. (quar.)____________
Agricultural Chemical Co. (Del.) —
9-30
9-20
12-31 ; ,12-21
-
(N. Y.) (quar.)
Bank (Chicago, 111.) (quar.)
Co.
.
Liberty National
12-10 ft.
12-15
,
.
(Wilmington, Del.)
12-29
(quar.)1
preferred
preferred
7%
(Chicago) —
________:
Industrial Trust
1%
10- 1
L_ft_
stock dividends
Industrial National Bank
25%
Corp.,
Goods
Common
—-
(Philadelphia)
Giratd Trust Co.
9-21
43 %c
Aluminum Manufacturers,
$1%
50c
$1
$1 Vi
$3
75c
25c
(N. Y.)—__:
Co.
9-
1
$1%
(quar.)
Aluminum
11-1 Vi 10-31
"ftftftftft,' ■
25c
11- 1
Bank of San Diego—
(quar.)
31V4C
Florida National Bank (Jacksonville, Fla.)—
'
Quarterly
———37 %c
Fourth Nat'l Bank (Wichita, Kan.)
(quar.)_
$1%
Fultdn
1
American
preferred
5%
1
10-
10-
(quar.)
common
F.)
<B.
■Monthly
9-10
10-
$3
of America—
preferred (quar, )
Aluminum Co. of Canada, 5%
12-17 ftftl2-10
12-17
$1%
9-10
$l'/2
:
6 %
City)—
—————
25c
_________—25c
Quarterly
Quarterly
First Natl. Tr. & Savs.
;
2°c
—
1
Avery
Avondale
Aiuminum.Co.
(Macon, Ga.)—•
Bk. & Trust Co.
First Natl.
10-
-•
15C
preferred (quar.)
Allis-Chalmers Mfg. Co.
12-24
9-21
9-30
10-15
9-30
1-2-44
It- 1
ftftft $2 ft 10- 1
20c
11- 1
$2%
10-11
(Philadelphia) (quar,)_
National Bank of Pittsburgh (quar.)—
Natl. Bank (Scranton, Pa.)—
Nat'l Bank (Stockton. Cal.) (quar.)—
National Bank (Tamaqua, Pa.)
A
Stores
10-15
(s-a)
5%
11-24
!111
50c
$4
_
,
Products,
Class
Allied
7-31
1
Inc.
Laboratories,
Allied
11-24
12- 1
First National Bank
First
12- 1
50c
,
Allied
10-25
m 21
Extra
Monthly
11- 1
51-
-
>,
1
Name of Company
i
When
than
'
'
Markets, 6% pfd. (quar.)
6%
preferred (quar.)_
Allegheny Ludlum Steel Corp. common
Allen Electric & Equipment (quarterly)
9-25
50c
——
—
Vicksburg Ry.
&
9-
11-
$1%
—
Alberts Super
12-26
JJ* 1
•-
Extra
(quar.)
(quar.)
preferred (quar.)___i^^______;—
$7
Alabama
10-1
9-25
—-
Monthly
$6 preferred
20c
$ 1 J/4
—i-——__
Alabama Power Co., $5 preferred
12-23
9-16
?-2o
Inc.
Mills,
Alabama
<
*.
per '
of Ree.
Payable
thare
<
•
9-20*
12-20
9-23
$1% '■ 9-30
Quarterly
•
a-..
$1%
12-30
First National Bank (Jersey City) (quar.)— ./.ft
$1 / 9-30
Quarterly
_
$1 -s 12-31
First Nat'l Bank (Maiden, Mass.)
(quar.)__
$1%
10-15
First Natl.
Bk. (Memphis, Tenn.)
(Quar.)
$3
10- 1
Quarterly
.—;—-$3
1-1-43
First National Bank of New York (quar.)—
$20
10-1
First Natl. Bank (Palm Beach)
(monthly)—
$1
10-1
Extra
50c
10-1
(Cincinnati,
Bank
Natl.
First
Name of Companv
marePayable of Reo.
Name o/ company
■
Holaert
When
\
i'
'
•
Per
First
Monday, September 27, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
1244
50c
~-r~
$3 pfd., A (quar.)—
—
10-
1
9-14
71C
10-
1
9-24
50c
10-
1
9-15
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4215
•
'•
;*
bume of Company
Carriers
.
prior
;
hfy
Central
Canada
Loan
Illinois
Central
V. 6(4
Maine
preferred
preferred
preferred
$6
5(4
.
-——
(quar)
<
47o'
preferred
>
>
75c
M0-
;; si
Cleveland-Cliffs
$4.50
•
1
:>'
•
9-30
.
>
9-30
10- 1
150
9-30
3oc
9-30
10-
10-
sua
9-30
20c
9-30
30C
> 9-30
y
-
Co.:
Bottling Corp. (Del.)—
r
'
(quarterly)———
Bottling Co! of 'NewxYorkii—ii!
International Corp.
Co. (quarterly)
Plow Co., Ltd. (s-a)
9-30
10-1
10-
Stove—
&
Patent
Columbia
50c
Fire-Arms
Baking/
Mfg.
Co.
—„
Commonwealth
Edison- Co.
Commonwealth Loan Co.
35c
yyy
'"" •
5(4 cum. preferred (quar.)-L-i-——-CI—
Commonwealth & Southern Corp.—
•
•
$6
—
;
"$1%
$lVa
Gas
Connecticut
preferred
$3
Coke
&
Life
Connecticut
12-31
25C
4%
•
$1.25
y
25C
90c
Consolidated
Investment
Trust
$1
———
*
,
(quar.)
y
y
30c
$K4
%Vk
preferred
(quar.)
Consolidated Retail
i
Stores,
preferred
$1%
Corp.,
$1.87(4
12'/2c
common—
(quar.)
Consolidated Water
Consolidation
Coal
Consumers Gas Co.
Consumers
$5
Power,
preferred
Continental
Pwr. &
Paper Co. (quar.)
Co.,
Gas
&
Oil
Co.
preferred
(Del.)
(quar.)
Continental Telephone,
I'm
preferred
50c
1
25c
11-
1
10-
1
9-.13
10-
1
10-
1
10-
1
10-1
1
9-20
8-28
9-20
■
10-
1
<9-15
10-
1
!
10-
1
10-
.
2l
'
—
——*
6(4%
pfd.
(quar.)
y
10-
1
9*15
10-
1
$1%
—
(quar.)—_
(quar.)_—
.
$1%
——
(quar.)—
participating preferred
71o. participating preferred
25c
'"10-
1
9-15
1-3-44
12-15
$ 1 5/a
$l3/4
$1%
10-
1
1-3-44
9-15
1
9-13
8
9-15
1
9-15
9-20
10-
9-15
12-15
•
6(4 ' preferred
1
25C
75c
$1.50
Co.
a
share
Wares Ltd.
of
10c
10-1
$1)4 '
-
GCnex'al Tire & Rubber Co.,
$1.50
$1)4
______
Co.
(quar.)_:
CIO- 1
Glidden
9-15
(quar.)
9-15
1
9-15
25c
$1)4
$1)4
;; 40c
•
___—
,9-20
9-30
9-20
1
10-
1
10-25
10-
9
11-
10-
9-13
1
10-
1
10-
1
9-11
10-1
; 9-20
9-11
10-1
'y 9-18
10-
1
9-10
9-21
Goodrich
Goodyear
20c
10-1
9-18
50c
9-30
9-13
y $2 v*
10-1
10-1
9-10
10-15
9-30
10-15
9-30
9-30
;$62c
,
$$1
.
9i24
Fisheries
$G2)4c
—
yy
(quarterly)
Gosnold
(s-a).
Goulds
(accum.)—!
Mills, 5% prior pfd.
Pumps, 7(4 preferred
Grand Rapids Varnish Corp
7
9-30
20c
___2
5'4: preferred (quarterly)———
Gordon-Pew
9,
20c
Co., $5 preferred iquar.)__
Tire & Rubber of Canada—
9-20
9-22
10-
$1)4
(B. F.)
Common, (quarterly)
9-30
1
62)4c"
"
cy
9-20
1
convertible
9-21
9-29
1
10-
9-17
9-17
.
10-
—
common
1
1
9-30
9-20
•y
Y.)
1010-
1
______
9-15
10-1
9-30
3
9-
9-15
1
87V2c
_
Inc., $2.50 conv. pfd. (quar.);.
Golden State
Co., Ltd.,,(quar.) —C
Extra ■'■:■• ____:C_______iC-;^i__—:____C«__—_
75c
10-
10-
t
v
9-21
>
I
1
-
9-22
9-
10-1
15c
9-10
9-29
10-
-
InsuranceMN.
Co.,
4)4f/o
: 9-22
50c
$iy2.
9-10
1
10-
,
.
9-20
10-
50c
...
_
4
v
10-1
9-20
$1)4
.
:
Razor, $5 preferred (quar.),
Gimbel Brothers, Inc., $6 preferred (quar.)
4
9-
9-16
8-23
.
Goldblatt Bros.
•y 9-
1
11M
,
9-10
1
10-11
1
"10- Ir
yy$iv»
9-25
1
10-
1
11-15
10-
(quar,)
30C
(interim) 564c
preferred
(quar.) _____
Globe-Wernicke, 7% preferred
(quar.)____
$14
Gbdchaux Sugars, class A (quarterly)______
y..
$1
'■■v
$7 .preferred, (quarterly)
$14
Goebel Brewing Co. (quar.).:——
5c
1
Gold & Stock Telegraph Co. (quar.)
$1.50
10-
9~104
67C
25C
9-17
9-10
1
11-
$1)4
,
...
10-
9-15
9-23
t25c
9-30
10-1
$1.25
.
Safety
$1 (4
/
9-28
..
Gillette
$1 (4
10-11
X10- 1
Glens Falls
;.
9-20
1
+25c
"
9-23
-
1
$1)4'
(interim)-—_____
Co.—
9-15
y'
9-30
jpreferred (quar.)___
62)4c
General Time Instruments
Corp.—y-p
yy Common (resumed) _C__C_C___-_________ V 25C
$6 preferred (quar.). iO.CCC.C_-——
SlVa
Telephone
Co., $3.50 preferred
Gisholt Machine Co. (quarterly
1
9-24
9-20
$2J/4-convertible
(A, C.)
10-
9-10
11-
stk.
com.
Gilbert
50c
9-18
10-
(quar.)
9-15
:
9-20
/
10-1
25c
1
10-1
1
10-15
50C
of
1
10-25
30C
44/1000
1
10-
10-11
$1)4
Art
10-1
1010-
.
$2 7.
9-13
1
—
or
1
10-
(accum.)
Gibson
•'.'$1(8:!y 25c
-
10-
9-13
25c
Corp.
9-14
10-
9-25/
$1)'8
9-20
75c
62V2C
10-
9-17
9-15
1
10-
1
9-15
10-
1
9-15
10-
1
9-21
11-
11-15
1
$14
10-
2
9-22
5c
10-
1
9-23
Grand
10-1
25c
35c
10-
1
9-18
5(4,
25c
10-
1
9-18
Valley Brewing
(W. T.), common (quarterly)
preferred
(quarterly)
Great American Insurance Co. (quar.)
9-15
9-11
1
9-30
9-20
10<
Great Lakes
9-15
1
9-20
9-28
•
'•
10-
$2
class,
Quarterly
1
9-22
10-
1
9-22
10-
I
9-22
Great
Green.(H.
11-
Great
1
7(4
1
9-20
1
9-20
Greening
10-
1
9-14
10-
1
9-14
Greenwich
.*■
10-1
9-14
9-30
9-15
12-
1
10-
4
9-16
1
9-20
10-
1
9-10
10-
1
9-16
10-
1
9-11
10-
1
9-11
11-20
Sugar
L.)
(B)
Co.,
(quar.).
ft 9-
1
10-
1
9-
1
10,
1
9-20
common
'rty $75c
10-
5
Wire
Gas
—
'•
$75C
50c
—___
$1.75
_____C——___
50c
(quarterly)—
Co., Ltd.
(quar.)
Co,,, common——C
Participating
•y
—C.
$i5c
.12C
1
9-11
10-
1
9-15
10-
1
9-11
9-30
9-15
12-20
12-15
1
9-11
9-15
10-15
1
9-10
10-
1
9-20
9-20
$1)4
10-
1
9-11
25c
10-
1
9-20
134c
10-
1
9-20
9-30
9-17
'Electrical Equipment shares (none extra)Food shares (4c -regular and lc extra) ___
9c
9-30
Fully Achnip: shares*. (4c reg.
Machinery shares
Investing Company shares (only extra) —
Low-priced shares (3c regular & 3c extra)
'Merchandising shares (5c reg. & 2c. extra)
Mining
10-
(none extra)—:—,
(2C reg..& 6c.extra)
1
9-21
Railroad- shares
9-30
9-18
9-30
Equipment shares (none extra)(none, extra)
—
Tobacco shares (none extra)
9-30
Utilities shares
(4c reg.
9-30
shares
—
(none extra)——
9^17
9-30
9-17
9-17
9-30
9-17
9-30
9-17
8c
9-30
.9-17
3c
9-30
9-17
9-30
9-17
9-30
9-17
9-30
9-17
9-30
9-17
9-30
6C
& 4c extra)—__
Railroad
Steel
9-17
9-30
Petroleum shares
shares
9-17
9-30
& 4c extra)
Vac ext.)
(none extra)
9-17
9-30
General Bond shares (614c reg. & 5
12-11
10-15
1
10-
9-20
12-31
$1(4
9-15
11-
1
9-11
10-15
10- '2
1
12-11
50c
4
9- 4
9-15
10-
9-30
10c
9■/
10-
12-31
-
2
31)4c
$1.25
Industrial
10-1
10-5
10-
participating preferred (quar.)——
Greenwich Water System, 6(4 pfd. (accum.)
Greyhound. Corp., common (quar.).—
5'4(4 preferred (quar.)____——
Group Securities, Inc.—
Agricultural shares <5c reg. & 2c extra)-Automobile shares (I.I2C reg. feS'^c extra)
Aviation shares (5c reg. & 6c extra)—__
Building shares (2c reg. & 4c extra)
"Chemical shares' (4c reg.-& 2c extra)
___—..
—
10-
9-20
$0.0244
•
35c
_•
i
Co., Inc.
75C
(quar.)
1
10,
$$3.75
(Winnipeg)
Saddlery, 6(4 1st pfd. quar.___
preferred (quar.):
.preferred
10-
10-
10-
25C
Assurance*
2——-.
Western
8
25c
(accum.)
Life
West
'6 (4! 2nd
10,
B
West
Great
9-
9-28
25C
,
Paper, Co, Ltd., $2 class A—
:•
___!___i_C-!---.C-!C'—C_:!!;
Accumulated
9-22
10-
25c
2)4c
Grant
.
9-30
10-
.
:
(quar.
1
9-
i.quar.)
1,
Federal Services Finance Corp. (Wash., D. CJ—
Common
1
9-
$l3i
pfd.
1
5 (4 1
Truck
9-
•i
1
Corp.—
10-
25C
Motor
9-30
10-
25c
10-
(quar.): ________
preferred (s-a)
Federal
preferred
Instrument
9-15
5c
$1(4
750
9-30
35c
$1.50
Co.•_
(N. J.)
prior
9-15
9-15
10-1
:
$4.50
9-16*
:
$15c
Corp., (quarterly)_1
Electric
1
9-30
$$11/4",
*
Corp.,
&
Geperal Steel
9-14
1
9-30
10-
$$1.37
y Cash
.
^
Faultless Rubber Co. (irregular)
Federal Bake Shops, common (quar.)_
Insurance
9-20
«C^
Gen. Shareholdings Corp., $6 pfd. (accum.>
9-15
10-
10-15
10-
-
Federal
9-21
9-20
37)ac
6(4 pfd. (quar.)
Georgia Power, $5 preferred (quar.)
.$6 preferred (quar.) !___C—
Common
common
Foods
General
ioc
—
a
1
1
,9-30
,' 30c
(quar.)
General Refractories
9-15
,10-25
,
g"2f
10-
10-
$1)2;
17)40
s____
9-30
9-30
9-15
$1
_
9-30
9-30
9-15
9-30
yy-ioc
____
y 9-30
10-15
25c
;
8-31
9-30
$134
______
Mills, 5f? preferred (quar.)
General Motors Corp., $5 preferred (quar.)
General Outdoor Advertising, 6 (4 pfd. (quar.)
General Paint Corp., $2.67 pfd. (quar.)
General Printing Ink, common__C___-_—.-_
$6 preferred (quarterly) ______C
_______
General Railway Signal, common
6(4 preferred (quar.)
__C_
9-15
10-
10-15
$1%
common.
9-28
"
Co.,. 4preferred (quar.)___
7 % preferred (quar.)
General
•
——_—
$5
9-30
25c
.
Fireproofing, common (quar.)
General
'
$2
$1%
10-22
$1C
1
preferred (quarterly)-
9-10
9-15
1
,11- 1
$35c
.
Co.-
Finance
General
9-27
10-15
10-
30c
,
Die
9-27
9-30
______
/
(quar.)—C——
& Steel Fdy.,
prior preferred (quarterly)
6V27a
$1 (4
'
—
Elec.—
preferred
10-
5C.
—
$1V8
—
Continental Steel Corp.,
7 (!o
!$2
9-15
15C
$$1)4
25C
A.)
General Gas
'
——
(Chicago) (quar.).;—
8% preferred (quar.)
Continental Rolling
7 f!n
50c
62(40,
—
(quar.)
Baking,
Continental
43 %c
•
Assurance
Continental
prior
$2
25c
———
$2(4 preferred
(Toronto, Ont.) (quar.)_
$4(4 preferred (quar.)
Continental
7r!o
common
:
—
Q% preferred (quar.)— C—«.
Consolidated. Steel
■
—
9-30
't.
:•
10-15
25c
—_________
Consolidated
9-15
>,;
of
preferred
10-15
.
__—
$1(4
.
9-15
1
^Malting, $1.20 pfd._____.
General Electric Co--*.
9-17
-
*
-
6Co.
9-30
9-30
v,'
■
1
Baking Co., $8 preferred (quar.)___
(quar.)
General Capital Corp. (irregular)
u__C_
10-15
9-15 '
•
Consolidated Machine Tool, $6 1st pfd. (quar.)
Laundries Corp.,—
10-30
,
'
y-y
■
_
—^
General
-
$3.50
Elec. Lt. & Pow.—
(quar. )t—-—„—
preferred C (quar.)—
preferred B (quar.)——
9-10
___
Consolidated Gas,
Common
9-27
9-20
1
10-
10-
y__.
General
$1.75
• 7 (4> preferred A (quar.)
■.
y $1.50
!; 6(Io preferred B. (quar.)_—
10- 1
9- 4
El Paso Elec. Co.-(Texas) , $4(4 pfd. (quar.)
$1(4
10- 1 ;
60c
9-20 El Paso Natural Gas, common (quar.)___—C
10- 17
50C
9-24 7 '
Emerson Drug Co.,' 8(4 preferred (quar.)
10-1 y
9-24
Emerson Electric Mfg., common (Irreg.) ___^ y;.y:.-15C"
yC' 7 ■' • 7('4v preferred --(quarterly)
$1%
11-1
9-30 :
Empire District Electric, 6(4 pfd. (accum.) y yy, $3
35C
;■
Emporium Capwell Corp., common (quar.)__
10- 1
$3(4
9-10■,
"7(4preferred.(s-a)■ xc_ccC!__.rw,LC__^!L,_a;';'
56 (4c
preferred A (quar. )
—.
30c
10- 1
9-15
Employers 1 Casualty Co;-'(Dallas)
(quar.)__
75c
10- 1
9-15 'V
Endicott -Johnson, common (quarterly)
V
10- 1
$1(4
9-15 '
"
5(4* preferred (quarterly)
—_C_
9-30
9-15
:.
Engineers Public Service, $6 pfd. (quar.)__
y $1(4
y $1(4
10-1
9-22
$5 preferred (quar;)__
•'•,; •
$5V2 preferred .(quar.)•
$1%
5C
11- 1
10-15
Equity Fund, Inc.____C_—
;
10- 1
$1.25
9-I8
Erie Railroad, $5' preferred (quar.) ________,r
y $2y2
10- 1
9-18
European & North American Ry. (s-a)____-.
25c
10-1
9-16
Eversharp,;Inc., 5(4. preferred (quar.,
65C
10- 1
-9-16 • ' Ex-Cell-O Corp.
(quar.)__C_
:
3c
9-27
9-11
Falstaff Brewing Corporation, 6(4 pfd. (s-a)
25c
10- 1
9-I6
Family Loan Society, common (irreg.)——
10- 1
37'4C
9-15: «.
$1(4 convertible,preferred {quar.)
10- 1
37(4c •
9-10
'" $1(4 convertible preferred A (quar.)_C___ •
$25c
10- 1
9-10 '
Famous Players Canadian Corp., Ltd.______
37 (4c
9-30
9-15
Fanny Farmer Candy ' Stores (quar.)
10- 1
$VA:
9-17*Fansteel■ Metallurgical, $5 pfd. (quar.)—;—
$5 preferred (quar.)—
$1(4
10- 1
9-21
Farmers & Traders Life Ins. (Syracuse, N. Y.)
,9- 7
9-27
Quarterly
$2(4
$20c
_y
<4Va'h
10-10
10-
York, Inc.—
(accum.)-——_-C——C.
preferred
10-15
.
10-1
■
25C
55c
—
9-10
_________
Electric Storage Battery : (quarterly)„_____:
Elizabethtown Consolidated Gas (quar,)____
El Paso Electric Co." (Del.)—
■
,
>
.y>y*
yC;75c
•
$5 preferred -(quarterly)
Consolidated Film Industries—
10-1
,■>/ • C;Quarterly i7C^i__C—CCC7_CC—__—
12-24
(quar.)
Dry Goods Co., common—'—
7• preferred■ (s-a) lCC—C-CC—C!CCCXi-C<;
Consolidated Edison Co.-of New
.v-C.i
UIV9
Canada
of
9-24
_
9-11
10-30
9-25
Consolidated
$2
9-11 C
1
9-30
Light & Power
Bakeries
1
10-
n-i5;
■j
„C—CC-
Insurance
10-15
Electric' Controller, & • Manufacturing Co
Electric -ferries,' 6 for prior preferred ■ (quar.)
Electric Household Utilities Corp. (reduced)_
Electric: products Consolidated (Seattle) —
9-11
Securities—"
(quarterly)
General
Consolidated
1
$8*A
General Box Co.
■
t$l(4
—
Connecticut
10-15
C
10-
75c
—.———
——.—
iquar.)
Eastman' Kodak Co., common (quar.)_«.
preferred r. (quar.:) •____—
10-
$l3/4,
—
Quarterly
1
(quarterly) _C—
fy..Km: Electrie Auto-Lite
..
9-15
37Ysc
______________
11-
Easy;.WashiingrMachihe Corp., cominon A—C. ' $12 (4 c y 10- 1
10- 1
'Common-class ;B_cy___._.
$12 (4c
y
10-1
Economic Investment Trust (irregular)
+62(4c
25c
10- 5
10- l (>'
Economy- Grocery Stores (quarterly)
:
Ecuadorian Corp.,Ltd.
y.
$3c :
9-30
(quarterly)
:
75c .10-1
9-15 ■!' Elastic-Stop Nut Corp., 6(4' preferred (quar.)
Elder Mfg. Co.; common' (quar.)
15c
10- 1
9-27 •
10-1
'"'5(4^preferred A>(quar.)____C____—" ! $1(4
•
•
9-20
$l'/4
•
■
9-30
•
'
•
37)20
(quarterly)C—
:
Gair (Robert) Co.,. 6 fa preferred (quar.)"___
Gannett Co., Iric., class B conv. pfd.
(quar.)
Garfinckel (Julius)
& Co. (quar.) common
6 %
convertible preferred
(quar.)
_„CC_i
Gatineau Power, common (quar.)
5 (4 c/o preferred (quar.)
.
5(4 preferred (quar.) '
Gemmer Mfg. Co., .class B_;
■y, $3 preference A (quarterly)
General American Investors Co., Inc.—
9-18
._
10-11
Co;
Fuller Mfg.
1
9-io»-
c
County Distilling—
Extra
10-
9-10
1
75c
—
Quarterly
H-
A
convertible preferred (quar.)
(A. J.), 6(4 preferred (accum.)____
37(4c
;cy $4oc
9-10
9-15
60c
10c
9-30
9-30
9-15
,62 (4c
9-30
1
$1.25
preferred (accum.)
i,
Approved by the S. E. C.
y'k ■/
Commonwealth Water, 5)4 % pfd. <quar.)__
Commonwealth-Water k Lt., $6 pfd. (quar.)
$7 preferred -(quar.)
Concord Gas, 7% preferred (accum.)——:
Confederation Life AssQCiation (Ontario)— a
6(4ipreferred
9-15
10- 1
class
9-30
50c
General
______—
10- 1
'
lOo
<quar.)_j-_-.L—
:
9-30
75c'•
(Indianapolis)
10-1
9-15
9-20
y
9-10
4(4(4 prior pfd.i.(quar.)
9-15ft''Eastern Steamship Lines," common
—--C
9-15 »
> « $2 convertible 'preferred
(quaf.)_C__C-^C
9-15 '
Eastern-Steel Products Ltd.'—
-■
9-30 >' 7 5(4' convertiblef preferred'!quar.)
*
.
$1.06(4
(quar.)
Stamping Co
&
3-1-44 2-10-44
!
9-24
25c
10-15
75c
———
Shearing
•'
7
1
9-30
1
■r
•
7,yM. East Tennessee Light & Power—
v $6. preferred >• (quarterly)
C__.
9-20 * '
Eastern Gas & Fuel-Assoc., 1J (4 pfd. (accum.)
1
10-
tlOc
—
Investment Trust
Commercial
9- 1
$1 (4
10-15
cC,;y$5c
Commercial
9-
1
,y'v 25c
Eagle-Picher Lead Co.,, common
9-24
1:
10-
75c
(quar.)
1
10-
,75c
9-
1-
10-
yi 25c:,1
common—'—
Ltd.,
10-
9-20
1":
.9-30
75c
:
8(4 "Preferred (quarterly)
Commercial Credit Co., common
;
10-
y. yy 75c
—
v
4)4% .preferred (quar.)
10-
$i3A
(quar.)
:___•
Alcohols,
*9-30
$1(4
-
common
Participating
Commercial
9-30
$1.06(4
.
$1 participating preferred
10-30
35C
.
10-
Brush,
3c
Duro-Test .:Cbrp.v!-C--£-CCcCc^_.^CCCCCCC^CCy
Duval Texas Sulphur Co.* (quarterly)______
9-28
:
(quar.)
1
(G.
V/rt
9-15
9-15
1
Fuller
11-20
"
9-20
1
1
10-
Fuller
1
1
10-
10-
10-
2
9-20
10-
50c
25c
75c
9-20
11-15
1
7 (4
-
9-13
:
1
12-1
J25C
—
Colt's
C; 50c
$5.55
-
Lamp
1
y 25c
_
10-
.
12-
preferred (quar.) •
$1.75
y- $i(4
9-13 1.
- Dun
& :Bradstreet,?'$6' preferred (quar.)
.•
D,uplan Corporation,18(4 preferred (quar.)—!.
$2
9-15
du-Pont (E. I.) de Nemours &JCo.—
9-15U-y$4.(4 preferred ((quar.)C_cC
$1.12(4
9-23 « • - Duquesne ;Light, 5(4 1st preferred (quar.)__
i> $1(4
10-1
•
Colgate-Palmolive-Peet, $4.25 pfd. (quar.)
Colonial Ice, $6 preferred B (quar.)
$7 preferred (quar;
/-!__!!-■
y
10-
1
12-23
,
9-17 •'
$13'4
35c
9-18
10-
.
62 '/2C
(Daniel)
Coleman
10-18
.
1
,:$i(4
..
Cockshutt
10-
y;vy 75c
class A
Coca-Cola
-
10-15
class. A
Canada ' (quar.)
Four Star Petroleoum Ltd. (resumed)
______
Fox (Peter) Brewing
(quar.) __C___-*_____C
9-16
.
10- 1.
-
9-30
9-15
10-30
_______C__C_.__________^yC
Foundation
9-16
1
12-23
25c
Dominguez Oil Fields (monthly)
v
Dominion Foundries & Steel, 6(4(4 pfd
$75c
9-15s Pomm9n» (quarterly)
y$35c
9-22
Dominion Glass, ."Ltd,,- common (quar.)
;
nvAy
9-15>!y 7(4s preferred ,t'quar.) •
$$134
9-15 "
Dominion Tar & Chemical, 5(4(4 pfd. (quar.)
Wb
9-18 >
Dominion Textile, common -(quar.)
v >4$1(4
9-18
: . '.7(4 preferred, (quar.) ; __C___
4$l3/4
9-22 ;'
Dover & Rockaway RR. Co. (s-a)_
;____
$3,
9-21
Dow Drug Co., 7(4'preferred (acum.)______,
$5.25
75c
9-21 VDraper Corp-"(quar.),;lC-;__C-——
75c
9-20
Dravo Corp., 6(4 preferred (quar.
10-1:- i: Duke-Power Co.; conrmon1
" yy, 75c
-
9-21
1
9-28
$1.50
v.
.
9-15
10- 1
C
Dome. Mines,, Ltd.
9-30
10-
$314
____
Freiman
K>$ 1%
Doehler Die .Casting
.;
&
Froedtert Grain &
1
•
Dodge Cork
10-15
$11.2
_
preferred (accum.)
Light, $7 pfd. (quar.) _C__
9-23
10-
_____
..
9-17
:—-_!_-__c-ccy.c____c_^i__y;
Franklin
9-23
9-30y
12-
4
50C
Distillers-Corp;-Seagrams, Ltd.—
" 5(4 pfdc (quar.)' (payable !n U.S. funds
9-17
1
Cement—
9-15
10- 5
•
9-20
1
10-
$U'4
(quar.)
preferred (quar.) ___________
Foster-Wheeler, $7 conv. pfd. (accum.)
;
6. prior preferred, (quar,)
9-15
1
10-
$1
25c
9-15- y
1
50C
cy - $1(4
10-
$1;
$1(4
less. Canadian .tax) ;,
Dixie Cup :Co., common lCC-C.
-$2.50• class: A (quar.).«
9-20
9-30
10- 1
9-
9-30
9-18
1
:;$i(V
/.V ,50c
Extra
Coca-Cola
'
^
g-11
10-1
Cohen
4
•
9-18
10- 1
75c
—
5
10-15
1
9-30
10-
si
___
10-
87 '/aC
Diamond Shoe Corp., 5(4 pfd. (quar.)
Diamond T Motor,.Car_C_i_C
9-17 C- y
10-1
•
•:
11-10
10-1
I..,'
(
Power
9-13
50C
Machinery Corp.
6%
1.
"yy:
Portland
Extra
3-44 12-20
10-
yy6(4yparj,icipatingi'preferjed (s-a)
\
11-15
12- 1
y
„
10-
10-
:
,
9-15
1
Coca -Cola
$2.50
1-
25c
EyeC(quaf.) ;___C..
&
9-20
y 10-
25c
7(4
10-20
t25c
yy;
preferred
5
9-15
•
Foi'bes & Wallace Inc.,-.$3 class A
iquar.)
Foreign Light & Power Co., 6% pfd. (quar.)
Formica Insulation Co._^__I_____i__^______ y
Foster & Kleiser, Inc.— >
9-25
;$i3'4
;
Co,, 6ft
\0-
1
10-1
$11,4
___
$1.50
Deposited Bank Shares (N. Y.)
-'.Series .(N-NYi-'C-CC—__'_CCc——:—•
' Diamond Alkali:Ca.—
C
^
,
y
Long Hook
9-13
9-15-
1
10-15
10-15
Coca-Cola
DeereC&CCo.,; ___CCcCCC_CCC_____
•
•
9-20
10-1
.10-
$i34
pfd. (quar.)
Cluett Peabody & Co., 7(4 preferred (quar.). ;,-y: $1%
'•
7
.
y
;,
y
«<i.8(4 fpreferred e(quarterly)CC___----_-____-.
Decca. Records!Inc. ,(quarterly)____________
10-1'.*:
75c
$13A
'
9-15
11-19
•
$I3/*T
9-30
•
.
: .y
■
!
Food
10-
2
9-18
10- 5-
;
•.
(quar.)."-"
pfd.
10-
10-20
c
30c
Stove Co.
:.y... Class B
9-15
9-30.
371,2
10-15
621/2 c
cum.
8-31
1
(s-a)___.
preferred (quarterly)
H.), 5'» preferred 1 quar.)
Florida
10-
(quar.)____
Society (Chicago)—
$5
9-15
1
75C
non-cumu.
•
$$1(4•
Denver Union Stockyards, common
9-20 yy y >-W(4 preferred.-(quarterly)'——
1 y
15c
—_
9-30
Co.,
Florsheim Shoe Co.,
9-17
$134
10-
25C
(quar.
Works,
•
(quar.iC!
11-
$2
iquar.)C_
F.)
yy:,;7!4.' participating
9-13
■:
$4
$l3/4
Bros.
Florida
9-15
v
Corp.
Stores
Fishman (M.
Flambeau Paper
9-15
9-27
siya
9-20
10-1
Water
$1
-
75C
1
25C
Clinton
.
•
;
10-
12 (4c
(quar.)—-ill!
$4
.
9-15
9-29
$1
12-10 *
V 62 Vac
——:
Corp
:,,
/
•
•
20c
Coal
3. 7
9-20
9-30
30C
:
-
1
9-
y 9- 3
De
•
yy 5oc
5%
Clinchfield
$1%
:
y
.
9-27 C
;
<
>":c- i5c
—
$5 pfd. (accum.)—__
Illuminating, common
preferred
9-30
9-29
:.C
: $1.37(4" 'M.- 9-29
•
i
;
Graphite Bronze, com.^interim)
preferred (quarterly)
Cliffs Corporation
Climax Molybdenum (quarterly)
30c
40c
,
v
'
Cleveland
12-10
1
9-28
,
Quarterly
Fisher
9-18
12-23
10-
IlVaC
of Rec.
9-30
.
&..Rubberu,C^C^~-cyC,_C-.CcCcC'',''
Stock
First State Pawners
Florence
; cDayid & Fferej .Ltd.,;; class ' A'i(quar.
9- 8*
*Dayidson-Boutell;COi, 6(4 fconv. pfd. (quar.)
__C_ •••.s-Dayton & Michigan.'RR.,-common (s-a)____
9-20
.,
9-27 i
62(4c
Iron,
Cleveland Electric
9-20
9-30
rf,
1
10v
-
6% preferred (quarterly)
City Auto Stamping (quar.)
City Ice & Fuel, common
Clearing Machine Corp. (quar.)—
9-30
y!$2
.Daliry' Corp.-of Canada, 5 (4 pfd. (s-a) ____CC
DaVenport^Hosiery.'MillSj..common_______^_^
m
preferred.. (quarterly) i_Cl.iCC___C_.C_Cy
9-15
-
v.;y$l:- 1 '9-30
;
V'Y
10-15
( 9-27
10-1
Elec., 5%
Co.—
30c
'-Culver & Port Clinton RR;
•
Bank
Bolder*
Payable
'15c
,
(accum.)
National
9-13
9-16*
"■y:$2
Stores—
preferred
$7
First
9-21*
!
y 11-29
"10-1-
$1'
25c
Citizens Wholesale Supply
1
9-30
;
10c
,10-15
SIMi
(quar;)-—
(quar.)
1
10-
25c
$1(4
.
50C
V?
preferred (quar.)i!ii—-
preferred
(quar.) _C
preferred (quar.)_
y Crum &. Fprster,ACommon;:(quar.)____>_____
V; .4 8(4 preferred1 (quarterly) _CC_T_-;__C^-.__
! y 8'4 . preferred .-fquarterly—
yv Crum,& Forster.Insurance Shares Corp!v :• ••. . Class : A..(quarterly)
•Crucible Steel, 15(4: conv.
'
;s $1-75.
7^' pfd. (quar.)'pfd. A • (quafcfJh > $1(4
Cincinnati New Orleans'& Texas Ry.— ''::'; ; :
'■
5% preferred (quar.)—-..——
$1(4
Cincinnati & Suburban Bell Telephone Co.—
'•
.Quarterly
85c
I'm
11-20
10-
9-10
1
10-1
•vvH-6C/t
y
(Washington,'Pa.)—//>•;//
12-15
15c
to
Shoe
"Firestone .Tire
.
Securities Co.,
Citizens Water
25c
,
$1'4
.
c
Cincinnati Union Stock Yards
9-10
Cunningham, Drug, Stores," cohimon_____C___ y-.y 25c
7 9-20
10- 1
"/'• Common'll
25c
9-30!
" ; $3
0%,"class!.' A'-PTior♦ prefeY^nce (quar.) (s-a)
9-11 )'VCurtis Publishing Co.—!
io-'fV.
>
4
•
,7 ! ; :
V. !$4. prior-'preferred !(accum.)
."y 75c
9-30
9-20Prior ;priferfedC(accu!n;)i!!_CC_-___C^_C_:
75c
i5c
(quar.)
&
9-23
9-30
'
Finance Corp. of Pennsylvania
Fireman's Fund Insurance (S.
First
9-10"
v
I
10-
-37V2C
Chicago & Southern Air Lines-—
•Chickasha Cotton Oil Co. (guar.)——L
Cihcmnati Gas
10-1
$3.50
Curme
When
share
'Corp.__.
Petroleums, Ltd. "__-iC_C___C_.__
Feltman &
—
:
1
v
,
'
9-23
Crown, Zellerbach lQorp.y common
'
Federated
9-20
■
Pneumatic Tool, common
$2'/a/convertible preferred "(quar. )_Lu:!——!
Christiana
1
1
,
:
10-
y
10c
Chicago
43 convertible
1010-
Ai'(accum.):____C„_^_„____^C..:
1
9-30
J3c
i-—.
Chicago Flexible Shaft
Chicago Great iWestern Rwy.—
5% .preferred
(accumulated)—
Chicago Mail Order,- common (irregular)
Chicago Mill & Lumber
class'
10-29
25c
1
•
,
$1
:11-15
Rame of Company
Federal Water & Gas
9-18
$1 (4
9-20
10-1
62 (aC
A •(final)—
Chesebrough Mfg,
9-30
10-
.
</*VM
Chesapeake-Campr.Corp. v(quar.
Chesapeake & Ohio Ry., common
9-17
M-.
1
37 (4 c
'
Crown Cork.,.International -Corp.—;
...
■
\
9-15
$rj/4,
,
'Per
,
1
10-
;t
tl2c
10-
'yc
of Rec.
10-
$2%
$iI/2
'
Payable
75c!
•10-
(irreedlat)!2-!i:^•
fV'
(quar,
share
•,,
$1%
—
(quar.);
.
t'
.
Cuban-American;.) Sugar:; Co., com. (irreg.)
9-20 C..7'm ipreferred iquar.)
9-15
5(4■%>< convertible - preferred (quar.)
9-20
Cuban Atlantic Sugar Co.' • (irregular)
;
9-10Cuba;n Telephone, >,cbminoni_"_C____—
9-10 y
6(4/^referred ..(quar.)CLcc_4c
v
'■ ' "" •''
75C
■vi
,
_
Sl Va convertible preferred ' (quar.) 4-!—
Champion Paper & Fibre. 6% pfd; (quar.)!
Inc.
9-17
•
10-15 y.
$1('2
—lI-IUI!!-.——---
Centlivre Brewing Corp.
Chain Store Products^ v
y) Extra
.10-1
$1(4
___
Mfg.
'10-1
;
(quar.).v:-^---------------Central Paper Co.. (irregular) •••
;
Central Patricia Gold Mines (quar.)/
Chapman .Valve
9-17
$1.75
37 (4 c
•
,vChemical-,Fund,
9-17
10-
•
—
(quar.)
.
-9-30
—
Power
9-15
9-11
$1.75
..v.-
4)4&..pfd, (quar.)
Co., ,7% pfd.;(quar.)
Light,
1
10-1
-
4
9-15
$1.25
C 50c
;•
Co!,(quar.)-Central Electric & Telephone", 6'/o pfd. (quar.)
Central Kansas Telephone (s-a)——
Central
10-
Common
■
;.9-15
-
1,-
10-1
$i3A
y
Sav.
&
9-21
1
10-
'
Associates_!L-—-
Aguirre
Central
10-
'10-1
50c
60c
'
■
.
.
$1.50
prior preferred .(quarterly)!!-—-'
2nd preferred (quarterly)^ '
7%.
;
.
■;.v;---5c
(quarterly)
preferred
■
-
$i3/4
v'frt
Case-(J. I.) Co., 7 %,. preferred (quar,)
Celanese. Corp. of America, com. .(quar.)
5r'o
:
V.CC $2
General Corp. (quar.)
Mills, Inc., common (increased/
^ Name of Company ',
/
_
$1(4
6% .class A preferred (quar.)
v6% -class B- preferredc(quar.)
,
1245
/folders
9-20';.
^CooperrBessemer Corp., ,$3, prior pfd. (quar,)
v,Cooper (Peter); Corps^ "6(4-%, pfd. (accum.)
9-30 ; .9-20 1
Corporate; Investors.Ltd., .class A (irregular)
"10-20
10- 9 '
Corroon & .Reynolds, $6,conv, pfd. (accum.)
10- 1
9-13
Courier -Post.: Co., 7(4 t pfd.
,(accum. )»C>C!
10-1
a- 9rl3,1 Scream
of ..Wheat Corp. .(quar.)
10- 1
9-24 '
.Creameries of America, common
$1(2
&
Carthage
v.
,
When
9-20
9-30 i'/i
:
$1.50
v
)•'
9-30
■■■.
$1.25
-
Per
of Ree.
Payable
"15c
.Mfg., common (quar;)!!/.,..!
preferred ,(quarterly
6%
preferred (quarterly)!_-:__--_y/-__y
Carolina Clinchfield &. Ohio, Ry. (quar.):—
Carolina Power & Light, $6 pfd.: (quar.)!__
;>:$7;preferred .(quarterly)
Carolina Tel.. & TeU Co.' .(quaf.)'——.
' '<
Share
\
Carey,''(Philip)
Ho Wen
mien
car
9-17
9-30
9-17
4C
9-30
9-17
4c
9-30
9-17
2c
9-30
9-17
3c
^
When
:
(accum.)
80c
Griesdieck Western Brewery—
:—25c
Griggs Cooper & Co., 7%' pfd. (quar.)
$1%
No.
Group
5%
Co.,
common
(quarterly)
(N. Y.)
preferred
(quar.)
Guaranty
Trust Co.
Guardian
Public Utilities Investment
__
(Bait.)—
6%
preferred (accum.)
Gulf Coast Water, 7% preferred
Gulf
Co.
Realty
Oil
40c
$l'/a
433Ac
(quar.)_
preferred A (quar.)
77o
preferred (quar,)
4'/2%
9-15
9-25
$l'/a
30c
cl. A partic. pref. (quar.)
7% pfd. accum.)
Hammermill Paper Co., common
United Theatres,
•:
10- 1
9-17
(N. Y.) (quar.)
Refractories Co.—
Fire Insurance
Hanover
Harbison-Walker
preferred (quar.) ——
Harrisburg Gas, 77c preferred
Harrisburg Steel COrp.
(quar.)
v ;
.
25c :
Hartford Fire Insurance (quarterly)
50c
Hartford Gas. Co., common (quar.)—50c
8% preferred (quarterly)
—
50c
Harvard Brewing Co
;
_—15c
Chemical
Harshaw
Co.
—
____
Harvill Corp.,
preferred (s-a)
6%
3c
37>/2c
$1.25
'
15c
10c
—_—
Haverty Furniture, $1.50 pfd. (quar.)
Hazel-Atlas Glass Co. (quar.)
Hatfield-Campbell Creek Coal—
5%
prior preferred
Heller
(W.
E.),
"
(quar.)
(quar.)
:_
a
common
_______
Helme
Co.,
W.)
(George
7%
433Ac
preferred
(quar.)
25c
;
_
-
-
(quarterly)
preferred
57c
Oil,
15c
15C
31'Ac
$l3/4
37Vic
$25c
(monthly)
Hibbard, Spencer, Bartlett & Co.
Hickok
prior preferred (quar.)
1%
Hilton
Davis
Hinde
&
Chemical, $1.50 pfd. (quar.)__
Dauch Paper Co. (Canada)
(quar.)
Hinde
&
Dauch Paper Co.,
5%
preferred
(Charles
Hires
Holland
10- 1
-
_
Hercules Motors Corp.
Monthly
10- 1
$1%
common
(increased)
com.
50c
'
$114
(quar.)
Co.
Furnace
30c
50c
$5c
$1.50
(extra)
Co.
E.)
(quar.)
—
Hollinger Consolidated Gold Mines (monthly)
Holmes
Co. Ltd. (quarterly)
(D. H.)
Holly Development Co. (quarterly)
Holophane Co., common (irregular)
preferred
$2.10
___
:
(quarterly)
6% pfd. (quar.)____
...
(s-a)
Honeymead Products
Hoover
Ball
Co.,—..
Co
Bearing
50c
35c
$1'A
—__
(quar.)
(quar.)
(N. J.)
class A
Mouston
Oil Field Material Co.—
&
Co.
Power
:
Fibre Corp.,
Huminell-Ross
preferred (quar.)
Humphreys Mfg. Co., 6% preferred (quar.)_.
Huron & Erie Mortgage Corp. (quar.)
Huttig Sash & Door, 7% preferred (quar.).
7% preferred (quar.)
Hyde Park Breweries Assn. (irregular)
Cement
Illinois
Bell
Co.
Commercial
Illinois
Co.
Tobacco
Incorporated Investors
•//
...
Independent Pneumatic Tool
Indiana Associated Telephone Corp.—
$5
preferred
10- 1
$1.25
11- 1
(quar.)
Indiana General Service
Indiana
6%
7%
.
&
Co., 6 % pfd. (quar.)
Michigan Electric
10- 1
10- 1
Motocycle Co.
$1.75
Industrial Acceptance Corp,—
5% convertible preferred (quar.)
Industrial
Rayon
Bank
10- 1
10- 1
________
Corp
,
(interim)
....
$1V4
50c
15c
25c
Interlake
Steamship Co
:
Securities Corp., 4% pfd. (s-a)
International Bronze Powders, Ltd., com._j
67c cum. partic. preferred (quar.)
Inter-Ocean
...
International Button-Hole Sewing Machine—
Irregular
10-1
:
....
International
Cigar Machinery
International Harvester,
(quar.)
common
30c
____
(quar,)....
International Metal Industries Ltd.—
Class
62'Ac
...
50c :
6%
conv.
6%
conv.
International Minerals & Chemical—
(quarterly).*
International Nickel Co. of Canada-
Payable in U, S. funds less Canadian tax
1%
preferred
7%
preferred
($25 par)
International
7%
Pulp,
International Safety
Class
A
77c
La
International
Salt
S^oe
Co.
Co.
pfd. (quar.)—
<
7%
Department Stores
preferred (quar.)
Inc.,
common
—
Intertype
Corp.
Investmett
Co.
America,
convertible
Investors! Royalty,
8%
Iowa
:
1%
preferred
(quar.)
...
(quar.)..
(s-a)__
non-cumulative preferred (s-a)
Elctnc.
common
fi'/2%
preferred A
preferred B (accum.)
(accum.)
37'/2C
10-
1
9-17
9-30
8-?0
Midvale
1
10-
1
9-15
10-
1
9-17
15c
10-28
(quar.)
>
10- 1
9-23
9-24
10-
1
9-21
.9-30
9-24
r
25C
.;•••
preferred
6%
9-10
9-20
Lambert
(quarterly)
Co,
,
9-15
1
9-15
10-
1
9-10
25c
10-
1
9-10
$1 Va
10-
1
9-10
11-1
11-1
10-15
10-15
9-30
9-24
9-30
11- 1
8-31
10-4
11- 1
10- 1
10- 1
9-30
10- 4 "
9-30
9-10
9-22
10- 1
9-22
10- 1
9-17
50c
10- I
9-15*
10- 1
9-15
$1%
10- 1
9-17
25c
$1.75
10-15
11-1
9-24
10-13
10- 8
9-27
25c
10- 1
9-15
$75c
10-15
9-15
9-30
9-30
405/sC
9-30
433/4c"
9-30
9-15
$5 partic. units
1
9-15
9-15
preferred (quarterly)____——_—-_-f 5
$6 preferred
(quarterly)—_
Mississippi Power, $6 preferred (quar,)____
$7 preferred (quar.)
■'■/Mississippi River Power, 67c pfd. (quar.)__.
9-30
<
10-15
2c
1-15-44
$2o
11-4
'
12-30
-
1
10-
10-
1
5
9-
8
9-30 ^
9-11
1
,9-20
1
9-18
;
10-
Mississippi Valley Public Service—
Common (quar.)
(quar.)____
$1
,
$l'/3j
1
6'/2 7o preferred (quar.)
Mohawk Rubber Co._——
9-17
$13A,'
11-
1
10-15
9-30
9-20
35c
—,
9-
9-30
15c
8
9-30
9-17
$10C
10-
1
8-31
tioc
1
10-
1
8-31
$2
*►--
(interim)
—
37'/2C
(quar.)__
pfd.
10-
1
10-
1
-
9-28
Monsanto
—
$$1
11-15
11-
$13A
12-15
9-10
10-15
9-30
6c
10-15
9-30
75c
10-15
$50c
—-
12-11
50c:
(quarterly)—
(Va.)—
- y,
y
-
10-
30c
i
'
.
12-21
t-15
10-14
Morris
Plan
Bank of
12-14
Morris
Plan
25C
12-15
50c
10-15
-9-24
Motor
Finance,
11- 1
10-20
Motor
12-
1
preferred: (quarterly)
1
10-25
10-1
9-15
10-15
9-30
9-30
9-18
9-30
9-18
25c
Joint
Corp...
Pipe Co.,
preferred
Steel
(monthy)
Chain
11-24
11-24
50C
10- 4
9-22
9-30
9-20
Nanaimo-Duncan
Utilities
1
9-21
Nash-Kelvinator
30c
(quarterly)—Theatres
50c
participating preferred
Participating
57c
9-17
$$1.75
75c
9-15
9-30
9-30
9-13
51/2%
preferred
Clock
Mfg.
———
preferred—
preferred
(quar.)
(quar.)
National
Bond
9
National
Breweries,
9-
9-17
1
$2
10-
25C
10-
1
9-15
$l3/4
10-
1
9-15
10-25
9-30
31'Ac
10-15
9-30
$1.25
10-15
9-30
27'/2c
10-
1
9-20
$ 1.62'A
$1.62%
10-
1
9-21
1-3-44
12-24
(R. H.)
30c
Maine
Central
:■
9-10
10-15
9-30*
$1%
10-15
9-30^
25c
___
9-30
35C
9-28
9-17
1
9-
7
$1 Va
11-15
11-
5
50C
9-30
9-15
9-21
50C
(quar.)
9-20
9-24
10-1
$1'A
Corp.!
9-20
(quar.)
.
_____
RR., 67o prior pfd. (accum.)
Manischewitz
(B_V 7 7o preferred (quar.) —
Mapes Cojisol, Mfg. Co. (quar.)
$1'A
(quar.)——
,
40c
,"1
common-
& Share Corp.
(quar.)—
common
(quar.)—
preferred (quar.)
National Candy, common (quarterly)
:25c
preferred (quarterly$l3/4
2nd preferred'(quarterly)_'______i—.
$13A
National Cash Register Co.
1
25c
National City Lines, class A (quarterly)
50c
10-
$5.
10-
1
$6
10-
1
9-20
$13A
10-
1,
9-20
50C
10-
1
9-15
$3 convertible preferred (quar.)
—_
National Dairy Products "(increased)______
(quarterly) __________
_____
preferred (s-a)-__
Ul__——
National Electric Welding Machine
(quar.)
National Enameling & Stamping Co
National Erie, 57c non-cum. 1st pfd. (s-a)__
37c non-cum. 2nd preferred (s-a)—
67c
Box,
common
(irregular)
National
Class
Natl.
B
Grocers
Co.,'Ltd.,
$1.50 pref,; (quar.)
Lead, common
preferred B (quar.)
National Oil Products Co.
National
67c
(quar.)____
A—
(quar.)_
—
______—'.
8
9-
8
9-
8
10-
1
1-3-44
9-20
<11-25
9-21
•
9-13
10-1
9-17
9-21
-
9-10
9-10
»
9-18
9-10
9-16
9-30
9-30
9-15
9-20
9-15
"
9-10
9-22
9-22
9-22
v'
9-15
9-30
9-10*
9-
3
9-
3
9-14*
9-14*
9-14*
9-14*
9-30
10-16
10-16
9-
4
10-15
10- 1
25c
12'/2c
30c
j
11-10
11- 1
10-1
75c
•
12-16
10-
2
.
Common
Folding
9-
10-15
10- 1
10- 1
10- 1
10-1
10- 1
10- 1
10-15
11-1
77c
Fuel Gas (quarterly)
National Funding Corp., class A
9-15
12- 1
10-15
15c
30c
15c
$50c
25c
—
/
Corp.—
/
9-14
10- 1
$44c
—
Extra
National Department Stores
9-15
9-14
10- 1
l'/2c / 10- 1
(quar.)-
77o
National
9-15
-
;
■
67c conv. pfd.
Ltd.
9-15
9-30
10- 1
50c
V■
1st
(quarterly)
Co.
National Biscuit Co.,
11-10
•
10- 1
$50c
;12'/2C
——
(Md.)—
11-10
9-28
12-28
10-15
10-15
9-27
9-30
2c
37'/2c
50c
25c
shares
11-20
(irregular)
Petroleum
Voting trust
11-20
—
(quar.)..—_
par)
(quar.)
convertible
Nation-Wide Securities Co.
1
9-15
(Kentucky) —
MacAndrews & Forbes,, common
MacMillan
——_
_v——
1
Lynn Gas & Electric (quar.)__
6 7o, preferred
(increased)-
1st preferred
12-
—
par)
LunkViheimer Co., 6'/2%
6'/27o
$l'/a
$l'/a
_____
—
Ltd.
(quarterly)
12-
25c
37'/2C
non-cum.
Co.,
■•9 $1V4
—
(quar.) —
Electric Co.
Mfg.
Extra
preferred
25c
(quar.)..——
Gas, &
Nashua
$>'■<]:
National Auto Fibres
"
Common
($100
9-18
2nd
Longhorn Portland Cement..
Lord & Taylor,
common
(quar.)
Lorillard (P.) Co., common (interim).
($25
1
9-30
10-
—
Ltd.—
(quarterly)—
Cement Corp. (quar.)
preferred
preferred
$$1.37V2
» 30c
25c
'
;
preferred
10-
9-15
11-10
10-2
10-1
10-1
10- 1
9-30
—__—
(quar.)
Corp.
■$2
Longhorn Portland Cement—
Louisville
(quar.)_
(quar,)-.—
Inc., common
87c preferred (quar.)
Myers <F. E.) & Bros. Co.
Nachman-Springfilled Corp._System
12-10
$1
preferred
Lone Star
■'
preferred
67c' preferred
67o
Mutual
12-10
5flC
(quar.)
(Marcus)
10-15
$1.11
—-
Inc.
Loew's
9-15
1
11-
•$l'/8
—
common
9-17
1
9-30
25c
-
Aircraft
10-
37 '/2C
;
1
9-15
9-30
$1.183A
$20c
Murphy (G. C.) Co., 4% 7c preferred (quar.)
Murphy Paint Co., Ltd. (quar.)
572 7c
preference
(quar.) ______
Murray-Ohio Manufacturing Co.
Muskegon Piston Ring Co. (irregular)
Mutual Chemical Co. of America—
25C
j
40c
Mueller
12 VaC
Lockheed
-I—-1
9-13
Belt
10-
$13A,/10-1
$l'/4
9-29
50c
10- 8
(quar.)___
£
9-10
11-
30c
(quar.).—
$1V2
,
__________________
preferred
Corp..
Brass Co. (quar.)
1
Oil
Co., 6'/2% preferred
Refining (quarterly)
(quar.)
$5
9-27
10-
50C
Lipe-Rollway Corp., class A (quarterly)
;,v$l» convertible preferred (quarterly) —
Lipton (Thomas J.) Inc., 6% pfd. (quar.)^
Liquid Carbonic, common (quar.)
4V2% preferred A (quar.)
Little Miami RR. Co., special gtd. (quar.)__
Original capital
(quar.)———
preferred
77c
——
<
9-15
<
9-30
12- 1
$55'/aC.
$13A
$13A
(quar.)——
Consolidated—
Products
>:
$l'/2
$1
$1.75
148c
(quar.)___
New Haven
10- 1
10-, V
10-15
10- 1
10-15
10- 1
10- 1
10- 1
10- 1
1-3-44
$l'/4
$1%
50c
Industrial Society
9-24
Morrison Cafeterias
A
9-25
10- 1
••
$1'A
*
10-
«'
9-20
12- 1
12- 1
12- 1
—
Xr $1 Va
common--.
common..
1
11-
♦
■
9-15
10- 1
10- 1
10c
■
9-20
10- 1
10-15.'
$2.25
$2.25
$2
preferred (quar.)
6 7o
preferred j(quar.)
Montgomery Ward & Co., Inc., com. (quar.)_
Class A (quarterly)
Montreal Telegraph (quar.)_^
—
Moore Corp. Ltd., common (quar.)
77c pfd. A (quar.)
payable in US funds
7% pfd. B (quar.)
payable in US funds
Moore <Wm. R.)
Dry Goods, (quar.)
26c
'
9-20
433/4c
87'/ac
5%
Quarterly
9-18
9-30
.
1-3-44
37'/2c
n:
3
9-20
1
10-
62'/2c
preferred (quar.)______
Cement Co. (quar.) com.
9-30
12-
1
V
9-18
10-15
50c
;
Utilities,
Montana-Dakota
(
12-31
$3
Co., $2.50
5
'
12'/2c.
$13A
preferred A (s-a)__—
$4'/2 preferred B (s-a) ___i—
$4 preferred C (s-a)
12- 4
1
10-
$17'/ac
\
$4'A
9-17
9-30
25c
—
Corp.,
9-15
1
37 '/2c
—
(quar.)
conv. preferred (accum.)
Steel Co. (quarterly)
Electric
10-
Chemical—
9-i5
10- 1
$$1.37Va
Molybdenum Corp. of America
Monongahela Valley Water, 7% pfd/ (quar.)
Monongahela West Penn Public Service—
77c preferred (quarterly).—
Monroe Chemical, $3'/2 preferred (quar.)__
9-17
62'/2C
____
.
9-20
9-20
10-^5
10- 1
10- 1
10- 1
$1
$1%
$l'/a
$30c
«
!
9-15
9-15 '>
10-1
10-1
$1
$1%
,r
,—
$7
Edison,
9-15
V
preferrred (quar.)_____
Missouri Power & Light, $6 pfd. (quar.)—._
Modem Containers Ltd., common (quar.)__
Missouri
■
10-
(quar.)_i.
B
'
9-20
$l'/2 • 10- 1
$13A - 10- 1
$l'/2
10- 1
Missouri Gas & Electric Service Co.___i.____
9-23
,10- 1
-
•
9-11
<
:
>
9-23
<<
_____—
67o- preferred
'
r
9-20
'-10- 1
•
9-20
10-
37 '/2C
(quar.)___________________
Light, 7% pfd. (quar.)__
67c
'
.9-15
$13A
10- 1
$1% ./ 10- 1
$l'/a
10- 1
Minnesota Power &
1'
(quar.).
-
Magnin (I.) & Co., 67c preferred
Magor Car Corp. (irregular)
Mahoning Coal RR
9-15
9-15
10-
9-30
9-30
9-30
9-30
$1 'A
1
Lion
Macy
10-15
5c
10-
$1%
Lux
10- 1
—
10-
2c
9-21
9-21
10- 1
35c
______
common______.
Co,—.---..-:.--
10-
$1%
5.7c
9-21
9-15
$2
75c
'
V
loan Co. (Toronto)
—
Stores
57c
10- 1
10- 1
9-15
50c
87'/2 C
4%
77a
9-20
50c
50c
I
9-15
.
62'/2c
(quar.)___.
preferred
7 7o
10- 1
•
6'Ac
Miller Tool & Mfg. Co. (quar.
5c
Millers Falls Co., common (quar.)___—-V 25c
77c prior preference (quar.)_____
__\
$1%
Minneapolis Gas Light— ■' '
- '
10-
9-24
60c
$ 1 Va
$1 Va
$13A
Mid-West
25c
9-
9-15
Midwest
70c
9-
9-15
8-30
—,——
B
Loew's
(irregular)
9-
10- 1
9-10
Supply
9-
10- 1
10- 1
10- 1
10- 1
9-30
&
1
$l'/2
1
& Mfg.
9-20
9-
$1.50
9-30
Refineries,
x
9-16
1
10-
Piping
9-20
9-20
■
10-15
25c
Sessions Co., $2.50
&
preferred
Locke
-^
—_______—___.
Midwest Tool
9-20
1
10-30
9-28
12-20
$1%-, 12-20
50c
10- 1
25c
10-15
35c
10-20
35c
10-20
37'/2c
10-1
12'/2c
9-30
$l'/2
11- 1
25c
9-29
9-24
10-20
2c
9-14
75c
$2%
12-
1
12-
1
9-24
9-30
9-30
9-30
9-
;
l
.
9-10
10-22
,
t'
h'
Kr
9-20
$l'/4
10$l'/a
10$13A > 10$l'/a
10$l3/4
10$1.75
10-
83Ac
(quar.)...
Petroleum Corp
Gold Mines Ltd.
Extra
*.4*
87c
Co.
-
>9-24*
10- 1
9-30
$lJ/a
Link
10-1
2c
$1
9
10-1
20c
(quar.)-
Choate Mfg.
Plant
4 '/2 7c
Investment Foundation, Ltd.—
6%
9-17
10-
50C
Liggett & Myers Tobacco 77c pfd. (quar.)__
Lima Locomotive Works.————————4Lincoln Natl. Life Insurance (Ind.)
(quar.)
25c
.—
of
9-18
1
9-20
$1%
$!'/«
Portland
preferred (quar.)
,
———Corp. (quarterly)———
Leighton Industries, class A (irregular)—.
45c
—
...—
Internatipnal Silver Co., 7%
1
(quarterly).
Ludlow Valve Mfg.. Co.—
(quar.)
Interstate
10-
9-15
Lago
Lock
(quar.)____
10-
9-14
f
9-15
10- 1
10-1
10- 1
62'/2c
$1.75
______•
77c pfd.
$7
9-20
Steel
Lerner
Co
9-15
10-1
9-30
50c
25c
$1'A ;
$1.31'A
—
25c
9-14
1
.
''
$6
1
Lamaque
.
<9-15
•
common
Machine
9-17
10-
$1
-
25c
(quar.) __i:i__.
preferred (quar.)
preferred .(quar.) __^
Co.,
9-15 A
9-20
(quar.)
37'/2c
1
,
9- 8
11-15
101010-
____■
Transportation
Miners
&
Metal & Thermit Corp.,
10-
2nd
67c
&
Mesta
9-15
10-
Lehman
60c
—
International
5ViVo
1
preferred (quar.).
preferred (quar.)__,___^
Co.. (quarterly) __*
1st
67c
Laclede
-
;
$5 preferred (quar.)__
preferred (quar.) __——
________
preferred (quar.)
$6 prior preferred (quar.)
.$7 prior preferred (quar.)
Meyer-Blanke Co., 77c preferred (quar.) ___
Michigan Associated Telephone Co.—
6 7c preferred (quar.)
Michigan Public Service—
1
$6 junior preferred (quar.)
67c
preferred (quar.)____—
—
6% preferred 1940 series (quar.)
77o preferred (quar.)
—
Mickelberry's Food Products Co.—
,
,
$2.40 preferred
(quar.)
Midland Steel Products Co., common.—__
V< $2 non-cum. preferred_________—
87c preferred (quar.)
____;
67c
Lehigh
Razor Co.—
(quar.)
4'/2%
1
10-
Kroger. Grocery & Baking—
Leath &
$1%
preferred...—.—*
3
$1 Va
—
Lawyers Title Insurance
*
6%
preferred
(s-a)
$8%c
$1.50
$$1,75
$1V4
(quarterly).—.
International Ocean Telegraph Co. (quar.)
International Power Ltd., 7% pfd. (accum.)
International Paper Co.. 5% conv. pfd. (quar.)
9-
10-
10-
Kresge Department Stores—
4%
convertible 1st preferred
Latrobe
50c
$$1.75
(quarterly)
10- 1
Merck
9-15
Langleys, Ltd., 77o
$1
_
3
9-14
—,—_______
Co.,
Koppers
y
y
4%. preferred
9-
10-15
50c
9^8
9-20
50c
Class
$$1.50
$$1.50
preference, class A (quar.)_.
preference (quar.)——
1
10c
A.) & Sons, Ltd. (quar.).:
Langendorf United Bakeries, Inc.—
Class A (quarterly)—...—:
$25c
(resumed)
A
10-
$1 Va
Lang (J.
9-20
,
Merchants
10-
9-15
10-
Meadville, Conneaut Lake & Linesville RR.—
1
(quar.),
9-15
62'Ac
25c
75c
■
(quarterly)
Reduced
9-3
$1%
(quar.)
(Emil) & Co.
77c
9-27
,
9-17
1
—
—...—
Copper
(quar.).
9-20
10-15
1
10-
(quarterly)
Landis Machine, common
l
10-
1
6
1
9-15
V
75c
/v.'
10-
$1%
Klein
Johnson
10-18
10-
A.I
■
(quar.)__L__-_iv_™i-__:
class B (quar.)_
& Co.,
Extra'■
$1'A
(quar.)
Department Stores Inc.
B
(A. G.)
10-
$1%
•
Extra
Mead
9-10
$l'/2
Landers, Frary & Clark (quar.).
1
10- 1
9-10
11-
9-18
$7 V- 11-38
433Ac
12- 1
$l'/a / 10-15^
25c
9-30
<
McQuay-Norris Mfg. Co. (quarterly)
McWilliams Dredging Co..-
•
9-20
9-20
Metropolitan Edison,
$6 preferred
Landed Banking &
9-15
■
V; 37'/2c
(quarterly)
9-10
■
Lamson
\
International Cellucotton Products Co.—
Common
10-15
■ 10c
10-1
.
8-31
9-15
9-15
9-15
9-15
9-15
u
—.——
&
$1.37
_____—
,
50c
50c
t20c
$37'Ac
.
;;; 10c
McKee
preferred (quar.)
—
Kings County Lighting, 57c pfd. (accum.) __
6 7o preferred (accum.)
_
770" preferred (accum.),, —______———
Kingsburg Cotton Oil, common
Common
L
Kirkland Lake Gold Mining Co. Ltd. (s-a)__
Kirsch Co., $l'/2 preferred (quarterly)s
9- 1
9-24
9-20
9-10
,
_____
McCrory Stores
9-28
$4'/2 preferred (quar.)
Co. (quarterly)
Co.,
(C.
Extra
10- 1
9-30
10- 1
10-1
10-15
Securities, Ltd.—
shares, class A (irregular)... $0.01822
Ltd.
$75c
Baking,
9-15
6%
9-30
10- 1
9-30
9-27
group
Inter-City
9-30
10-15
preferred (quar.) —
Kerlyn Oil, class A (quarterly).—________
Keystone Public Service, $2.80 pfd. (quar.)
Kimberly-Clark, common (quar.).
;
1
-
■-Inspiration, Consolidated ^Copper
Institutional
9-30
10-15
25c
•
Special
9-8
9-8
9-15
9-30
9-15
9-13
10- 1
30c
30c
$1.31'A
$1V4
:
....
Indianapolis Power & Light, common......
5lA% preferred (quar.)
Indianapolis Water, 5% preferred A (quar.)
Inland Investors, Inc.
10- 1
9-15
10- 8
.
(quarterly)——,
Co.
Gas
Kentucky Utilities,
9-20
9-8
$1.50
V 77c preferred (accum.)_________
McClatchy Newspapers, 77o pfd. (quar.)__^_
McColl-Frontenac Oil, 6'A pfd. (quar.)
1
10-
30c
(quar.)___
Power Co.,
Class
Co.—
(quarterly)___
(quarterly)
preferred
preferred
Indian
i
,
preferred
$ 17Vac
$17'/2c
Mattlessen & Hegeler Zinc—
Light—
&
■ ■■•
(quar.)
10-28
$1.50
preferred (quarterly)
Kelley Island .Lime & Transport Co.
Kellogg Co.
-i—
Kelsey-Hayes Wheel, class A
10- 9
75c
$1.50
(quar.)
preferred
9-15
;
_i__:—
Electric, $6 pfd.
&
preferred
77c
Indiana Gas & Chemical Corp.—
$3
9-15
9-30
Kaynee Co., 77o preferred (quar.)
Keith-Albee-Orpheum Corp., common
9-15
9-17
8-27
8-27
9-29
9-17
10-30
20c
50c
Power
Gas
Kennecott
9-10
9-17
10- 1
10- 1
9-30
9-30
$1.50
75c
$10c
3 7c
(quarterly).
& Color Corp. (irregular) __
(Canada)
ord. (interim)
6% preference (s-a)
Paper
Imperial
City
Kaufmann
Telephone Co.—
preferred
$6
Imperial
9-30
10-
$7
9-20
10- 9
9-24
9-15
9- 1 '•/"
9-15
11-16
9-18
9-15
9-20
12-20
9-15
9-30
50c
$1'A
$2.95
Katz Drug
9-20
(quar.)
Telephone
8-31
1
Kaufman
9-20
$1
35c
$1.75
1
1
Kansas
10- 1
10- 1
.■;'//7%c
$lVi
$lVi
$$l
$1%
$1%
common.*
6%
'10-
9-20
9-15
9-11
„
.
Kansas-Nebraska
9-18
10-15
75o
$75c
62'/rc
xl'Aff
10-
77c
" 9-30
9-30
10-15
9-30
10- 7:.V,
10- 1 *.
9-30
12-1
9-30
10- 1
9-30
12-30
10- 1
9-30
8-31
10-
Kansas
9-10
9-18
10- 1
37Vic
$2Vi
A
1
$6 preferred B (quar.) —_—
Electric Power, 5% pfd. iquar.)
:
y.
.
convertible preferred (quar.)
Howe Scale, 5% preferred (s-a)
Howe
Sound Co.
(quarterly)
Humberstone Shoe
Co., Ltd.
(interim)
-Humble Oil & Refining Co.
$1.50
10-
Kansas
9-30
9-15
9-15
9-23
30c
(monthly).
Lighting
8-31
-
Kansas
9-13
9-10
9-23
9-17
,
1
,
.
9-4
62Vic
B
Houston
Ideal
10-12
9-28
10-
Semi-annual
9-20
9-4
9- 4
25c
Houdaille-Hershey,
Class
v
-
Hardart Baking
&
Horn
&
/
___
Hooker Electrochemical
Hoover
lc
30c
$1.05
12c
$l'/2
:
8-31
8-31
9-30
10-15
10-15
Marlin-Rockwell Corp._
v
$1
10- 1
Marshall Field & Co., 67c
pfd. (quar.)
$1 '/a
9-30
6 7c pfd. 2nd series (quar.)_____
$l'/2
9-30
Marven's Ltd., 6% preference (quar.)
■ $$1%' -<• 9-30
Mason Tire & Rubber, 6 7o pfd. (liquidating)
$6.75
10- 1
Mathieson Alkali Works, common..—
25c
9-30
5& '1st preferred (accum.i - $1
9-30;
-
1
1
'
9-20
9- 4
9-4
9-20
9-14
10-19
9-18
9-18 '
10- 1
9-24
10-29.':
10- 1
10- 1
9-30
10- 1
10- 1
10- 1
9-27
10- 1
10-7
10- 1
10-25 ~
10- 1
10- 1
9-30
9-30
10- 1
9.-15
1010-
r;
Co.
Ltd.—
(quar.)
preferred
,77c
Xl'A 7a
:
Water,
Common
xl3A%
67c
9-20
9-30
$1
(quarterly)
preferred
1 •;/;
10-
(quar.) _„_i
$5 preferred (quar.)
77c preferred "-(quar.)
Power,
Maritime Telephone & Telegraph Co.,
9-20
9-15
$1.75
(quar.)
$1.50
preferred (quar.)
u.:
$1.06'A
Jewel Tea Co., 4'A7c. preferred (quar.)_,:___
$1%
Johns-Manville Corp., 7%
pfd. (quar.).-—
50c
Jones & Laughlin Steel, common —r.„-;
':,,'$ 1 'A
5 7o preferred A (quar.) r___.
$1 'A
5 7c preferred B (quar.)
—
$l'/2
Joplin Water Works, 6% preferred (quar.)
Kalamazoo Allegan & Grand Rapids RR. Co.—
;y.7 7o, preferred
9-20
9-20
9-30 v
5c
Extra
7°'o
10- 1
9-30
1
.
Corp.
Reserve
Marion
,
11-10
?
17c
(resumed)..
Jersey .Central" Power & Light Co.—
5 '/2 7o: preferred
(quar.).,.■*.
9-14
9-15
9-14
9-15
9-15
9-15
9-10
9-18
9-17*
9-30
10- 1.
10- 1
10- 1
10-
$1.50
Co.
Electric
9-20
,
1
1
x$l3A
A
Jefferson Lake Sulphur
10- 6
9-30
9-30
(W. B.)
Jefferson
9-15
9-30
10- 1
9-30
;
Jarvis
1
1210-
50c
(quar.)
preferred
10-
30C
,
,
9-15
9-15
10-20
10-15
9-28-
$1.50
$1%
30c
6 %
Marion
25c
.
10- 1
9-30
9-30
10- 1
10- 1
$50c
25c
$$1%
25c
(quar.)
$2 conv. preferred
Cotton,
Hamilton Mfg. Co.,
Margay
9-20
-
9-15
30c ;' 10- 1
37'Ac
10-15
25c
10- 9
$l'/4
10- 1
$l3/4
10- 1
____
Machine (quar.)
Marchant Calculating
9-20
1
______
_<
■;
com. (quar.)__
(quar.)™
7 7o cum. preference B (quar.)
57c cum. preference C,(quar.)
:—
<57o preference D (quar.)
Jamaica Water Supply, common (quar.)
__
$5 preferred
(quar.) ...
Jamestown. Telephone Corp.— *
6% 1st preferred (quar.)——2—»
77c
9-15
v
9-20'
1
10-
Public Service, Ltd.,
Jamaica
9-16
10- 1
20c
preferred
$6
y
9-20
9-30
9-10
9-20
10- 1
10- 1
10- l
- 9-30
50c
25c
Co.
Hamilton
9-15
(accum.)
$6 preferred
Hackensack Water,
Hamilton
10- 1
:
9-30 ^
1
10-
Oil
Holder* *
•
Payable': ■ of Reo.
'
(quarterly)
$1.20 convertible preferred
10-
$13A
(quar.)
common
9-15
share
& Rubber—
10c
■
9-15
75c
Mfg.,
1
,
$1%
Irving Air Chute Co. (quar.)
:____
Island Creek; Coal Co., common
(quar.)
10- 1
—
Fireman
,,s
$1 Va
>.
j.
......
■
Iron
10-
/
$13A
—
-
Name of Company
■
Mansfield Tire
9-15
i
When
Per
of Rec.
10-
$l'/2
(quar.)—.,
preferred
(quar.).
Iowa Public Service, common
$6 1st preferred
(quar.)...
$6'/2 1st preferred (quar.).
$7 1st preferred (quar.)__
77o
9-15
9-8
-40c
(quar.)
Corp.
Gulf Power Co.,
Haloid
'
pfd.
6c'o
Light,
&
Power
Iowa
Monday, September 27, 1943
Holders,
When
Payable
Share
Name of Company
:
Trust—-
(Hartford, Conn.) preferred (irreg.)
Non-cumulative Series I preferred (irreg.)
Guilford
10- 1.
10- 1
9-27
10- 1
10-1
10- 1
$50
15c
.3114c
$3
Oil Corp.
1
Watch
Gruen
$3.20 cl. A
Cooperage,
Bros.
of Ree.
9-25*
9-17
9-25
9- 7
9-15
——«—,
CHRONICLE
Per
Holder*
Payable
10- 1
Per
thare
Name oj Company
„
:
■■
THE COMMERCIAL & FINANCIAL
1246
Grief
A*
.*^vvA>.v;vvv-.v.»2V>'*y*«-
an•
9-20
/j.
Volume
o >
//\ r;': -V^''
..i:.■>fiaxne
National
V P«r
-:3
ot Company
Holdert
-*
iftare
of Reo.
& Payable
National
Steel
Co
Car
10-
;
10-
Perron
Pet
11-
1
—
70c
10-
1
9-21
12J4c
$1.31 V4
$l'/2
Newberry (J.
60c
New England
$1
$2 preferred (accum.)
334c
New England Tel. & Tel. (irregular)—,
$lVa
New Hampshire Fire Insurance Co. (quar.),.
40c
New Idea Inc. (quar.) ——*——15c
N. J. Power & Light, $6 preferred (quar.)
$14
New Jersey Water, 7% preferred (quar.)—
$lJ/4
10-
1
9-15
10-
1
9-15
10-
9
9-30
10-
1
9-16
10-
1
10-
1
9-22
9-30
9-10
$2.10
preferred
National
Nehi
Oil
1st
preferred
Co
Corp.,
r$5!/4
5'/aft
Tea,
Navarro
(accum.)
-———
common,
9-30,
*
(quarterly)—
6% preferred (quar.)
J.)
common
(quar.)
——
Power Assoc. 6%_pfd. (accum.)
Public
Co.
RR.
Northern
Service,
$7 preferred (quarterly),,
Newport Electric Corp., 6% pfd. (quar.)—
Newport News Shipbuilding & Dry Dock—
convertible
$5
New
York
$6
Power
preferred
(quar.)_
preferred
&
Light Corp.—
Newark & Bloomfield
RR.
1
1
1
10-
1
1
File
Co.
(quar.)
Hundred
10-
1
Class A
(quar.)
Noblitt-Sparks
1
1
11-
1
11-
1
American
1st
Car
preferred
A
&
Gas
10-
2
6%
preferred
preferred
North
Prior
9-15
7%
preferred
North
9-20
1
11-15
6%
prior preferred
10-
North
Star
Northern
6 %
Oil,
7%
Ontario
preferred
Northern
preferred
Power,
Power
(Minn.)
&
Rubber,
7%
pfd.
Norwich & Worcester RR. Co.. 8%
Novadel-Agene
Corp.
iquar.)
preferred
(quar.)
Paper Box Co.,
Creek
9-
1
9-10
(quar.)
•
•
$1%
9-15
9-30
preferred
Procter .&
Prosperity
9-30
Class
Co.,
&
A
B
shares of
9-30
shares
of
B
class
Providence
&
1010-
for
common
A
10-
1.
9-20
$$1.50
1
Class
9-15
1
10-
1
10- 1
'■■•57c
■9-11
A
v
10-.1
9-15
1
9-15
Public Service
1
9-15
$1.80
V10- 1
9-15
Gas.,
6%
10-
1
9-18
Putnam
(George)
10-15
9-25
Quaker
Oats Co.,
$5 prior preferred
preferred
1st
series
Omar
1
10-
1
9-20
10-1
9-20
$114
10-1
9-10
$1
9-30
35c
9-30
6%
pfd:
9-30
„
$1.50
Loan
Steel
8%
preferred
Debenture
&
Products,
(quar.)
;;
(interim)
preferred (quar.)
Orange & Rockland Electric Co.—
—
preferred
(quarterly)
6%.. preferred
(quarterly)
Ottawa
Electric
Railway
$416
Power
dividend
Co.
t50c
$15c
10-
10-
1
7-
9
10-
1
"7-
9
$1.1216
10-
1
9-15
3716c
10-
1
9-25
$1.3716
10-
1
9-25
Pacific
Pacific
Can
Co.
(quarterly)
___
Pacific
Gas
Public
Service
Tel.,
&
Co.
6%
(quarterly)
pfd.
Tubes, Ltd.
preferred
Paraffine
Cos.,
(quarterly)
$4 preferred
$1.40
$1.40
cumulative
25c
class
class
A
A
\.,
Corp.
,quar.)
10-
11-15
11- 5
35c 2-15-44
•2-5-44
■
6
4Vi%
.
'
9-10
9-10
9-30
9-17
9-30
10c
25c
$114
Pennsylvania Power & Lt. Co,, $5 pfd. (quar.)
preferred (quar.)
$7 preferred (quar.)
$6
—
Sugar. 5% preferred (quar.)
Tel. Corp.. $216 Pfd. (quar.)
Water & Power, com. (quar.)
preferred (quar.)
-T—
Pennsylvania
Pennsylvania
Pennsylvania
$5
—'
1
$1.25
$1.50
$1.75
12J6c
62Vac.
$l
$114
10-
&
Pendleton.
Rubenstein
Ruberoid
9-15
10-
1
1
10-
1
;
1%
9-15
Inc.
Safety
(Helena),
1
9-15
10-
1
9-15
10-1
9-15
10-
9-15
,
Insurance
Robbins
Paper
Co.,
preferred
9-18
1
9-20
10- 1
$lVa
9-30
10-
9-20
10- 1;
9- 4
$1
10-
1
9-
10c
10-
4
9-24
$1V2
10-
1
9-15
$1V2
.
(quar.)
4
9-30
$lJ/e
10-15
50c
9-2$
9-13
9-28
9-13
9-15
9-28
1
10-
9-13
i
50c
10-
I
(s-a)-j;
62V2c
10-
1
9-15
37V2C
34%c
10-15
9-20
10-15
9-20
$$1V2
Co.
10-15
9-20
'9-15*
Co.—
(quar.)
—
9-16
10c
9-30
9-16
Southwest
Consolidated
Natural
Gas,
$6 pfd.
Southwestern Associated
preferred
$6
5%
Southwestern
A
•
9-20
10-
1
9-20
$1.50
10-
1
9-15
$1.25
35c
$1'4
;
Ins.v (Dallas)
(quar.)
pfd. (quar.)
Spalding (A. G.) & Bros., $1.50 pfd. (irreg.)
Springfield Fire & Marine Insurance (quar.)
Springfield Gas & Elec. Co., $7 pfd. (quar.)
Squibb (E. R.) & Sons, $5 pfd. A (quar.)
Square D Co., common
10- 1
9-15
10-15
10-13
9-15
10- 1
9-20
$1
10-15
$1.13
$1.75
10- 1
9-15*
10- 1
9-15
$1V4
11- 1
10-15
10-
5
Standard
9-23'
1
Co.—
Southwestern Light & Power, $6
9-23
1
10-
$2V2
(quar.)
Life
10-
Telephone Co.—
Electric
&
9-24
$2
(accum.)
(quar.)
Gas
preferred
t-27
10c
Corp.__
9-18
$25c
10-15
9-15
40c
12-
1
11-15
90C
10-
1
9-27
124c
10-
1
10-
1
9-22
1
9-22
12-21
12-15
10-
37 4c
1
preferred
(quar.)
50c
Fruit & Steamship Corp.—
participating preferred
(accum.)
Fuel, 6V2% preferred (accum.)__
Standard Natl. Corp. (N. Y.) 7% pfd. (final)
Standard Oil Co. (Ohio), 5% pfd. (qqar.)__
Standard Paper Manufacturing Co. Inc.—
6% preferred (quarterly)—
Standard Radio, Ltd., class A (quar.)
Class B
(quarterly)
Standard Steel Spring—
$3
12-15
Starrett
10-21
12-21
State Street Investment
(quarterly)
Stayton Oil CO. (quarterly)—
Stecher-Traung Lithograph Corp., common_
5% preferred (quar.)
5% preferred (quar.)
Stedman Brothers, Ltd., common
(quar.)
11-
1
10-
1
25c
10-
1
9-10
10-
1
9-10
~
9-20
1
10-15
11-
1
10-15
10-
2
9-10
$14
10-
1
9-10
6%
(L.
S.)
preferred
of
1
10-
1
9-10
21c
12-
1
$14
10-
1-
10-
1
9-15
10-
1
9-15
11-
1
9-15
10-
1
9-18
$14
10-
1
9-11
/ 9-30
9-15
30c
25c
10-
1
9-25
$1V4
10-
1
9-25
$50c
10-
1
9-17
$1.25
10-
1
9-20
10-
1
9-20
10-
10-
1
1
9-10
9
9-17
Bros.
6%
Sun Glow Industries
Sun
Life
Sun
Co.
534%
9-15
10-10
9-21
10-10
9-21
10- 1
'9-20
9-30
9-20
-50c
10-15
9-30
15c
>
9-28
9-11
$1
12V2c
a.
9-30
9-16
$1 Vt
9-30
9-16
$1V4
12-31
12-17
$15c
10- 1
9-20
$75c
10-
1
9-20
20c
433/4c
9-30
9-30
9-15
$1V4
$1V4
10- 1
9-10
10-
9-10
(quar.)_
75c
9-30
10-15
9-30
(quarterly)—
$$3.25
10-
1
9-15
$lVs
11-
1
10-11
10-1
9-30
9-22
10c
82V2c
10- 1
9-23
—
preferred
I2'4c
(Canada)
683/4c
1
9-15
9-24
9-
1
30c
common
participating
9-15
in-
1
9-
10- 1
9-18
$3c„
10-15
9-
11- 1
10- 1
9-17
$1V4
62'4c
10c
(quar.)
preferred
1
25c
,
10-
30c
(quar.)
(James)
9-30
10-15
10- 1
$10c
$10c
•
Sylvania Electric Products (quar.)
—
Sylvanite Gold Mines (quar.)
Tacony-Palmyra Bridge, 5% pfd. (quar.)__
Taggart Corp., $2V2 preferred
(quar.)
Talcott
9-15
1
'
Co., 4V2% preferred A (quar.)
Sunray Oil, 5V2% preferred (quarterly)
Sunshine Mining Co. (quar.)
Superior Portland Cement, $3.30 class A
Superior Steel Corp
&
9-20
1,
10-
75c
Oil
Swift
10- 1
10-
$1V4
(quar.)
Assurance
9-20
75c
Co._________
Stores,
1
$$2
Steel Products Engineering (quarterly)
Stix, Baer & Fuller, 7% pfd. (quar.)
Strawbridge & Clothier, 5% pfd. (accum.)__
$5 preferred (quar.)
Sterchi
9-30'
10-
$l3/4
share)
(quar.)
1
5%
Stock
(l-20th
9-16
10-
50c
(quar.)
Standard
dividend
9-30
$1.25
;
9-22
30c
11-
5%
683/4c
(quar.)
1
T
9-10
10- 1'
9-15
10- 1
9-15
9-28
9-30
9-10
$20c
$62V2c
10- i
10- 1
$.10c
10- 1
8-31
25c
10c
50c
$1V2
9-30
10- 1
9-14
Tamblyn
9-10
9-30
Teck-Hughes Gold Mines (interim)—
Tennessee
15C
$20c
9-10
9-15
Ltd.,
(quar.)
(G.)
Preferred
(quar.)
common
—
Corp.
$1.75
10-
1
9-20
$1
10-
1
9-15
Texas
Company
(quarterly)——__
(quarterly)
75c
10-
1
9-18
Texas
Electric
$14
10-
1
9-18
Texon
Oil & Land
$25c
10-15
9-23
Thompson Products, $5 prior pfd.
Tide Water Associated Oil-—
(quarterly)-
9-18
10-20
9-20
1
9-30
25C
(quar.)
1
9-30
10-
40c
8-31
pfd.
9-18
10-
10-15
87 V2c
9-28
7%
9-10
10- 1'
50c
Standard-Coosa-Thatcher
$lc
Lighting
9-10
1
25c
9-15
9-10
common
9-30
9-30
10-
50c
com
pfd.
(quar.)____
Car Heating. &
10-15
$1V2
1
9-
—
11-15
(Durham, N. C.)__
1
9-20
(quar.)
8
9-30
$$1'4
Gas
10-
$$1.75
Ltd.
8
9-
1
England Telephone (quar.)__
Southern
Phosphate Corp
Southern Railway Co.—
-v.', M. & O. Stock Trust (s-a)_____
10-
9-30
(quar.)
9-
11-
$1V4
.__
New
50c
15c
(quar.)
8-31
$1V*
(quar.)
9-15
50c
class A
8-31
1
Power—
preferred
9-15
25c
St, Lawrence Corp,-Ltd.—
4%' class A convertible preferred (quar.)__
St. Lawrence Flour Mills, common (quar.)
7%
Canada
9-23
—
(resumed)
1
10-
25c
Pipe Lines
Edison
1
il.124
(quar.)
————
Industries,
preferred
Safeway Stores,
5%
preferred
9-15
1st
original preferred C
V 5v2% preferred C (quar.)
1
(quar.)
(quar.)
(quar.)
Co.
9-15
10-
1
(quarterly)
pfd. A (quar.)
$2
Corp.
9-15
10-
•_
—
10-
$$
10-14
$I3/4
pfd.
9-30
12'4c
Telegraph
10-
50c
6%
9-15
10-15
$1V2
5%
partic.
9-22*
$$154
(accum.)__
(quar.)
Atlantic
10-
$14
—
(quar.)__
9-10
1
9-30
_____
(quar.)__
(quarterly)—
Royal Crest Petroleums
Sabin
«
9-15
9-17
1
10-1
•
9-30
15C
_
Telephone Corp., common
preferred A (quar.)
Cable
Russell
Pennsylvania Glass Sand Corp., com. (quar.)
br,c
preferred (quar.)
9-15
25C
—
1st
Roos Bros. Inc.
1
9-14
•
preference
Mills,
Roeser
10- 1
1
75c
Works,
Products
9-10
10-
9-20
9-30
15C
(quar.)
common
Silk
Rochester
-
9-30
$1 Va
__
—
Inc.—
(quar.)
B
convertible
Riverside
'
15c
——
Co.,
5%
9-15
Rome
$114
70c
9-30
$1%
(quarterly)
9-16
1
Fund,
Corp., common
(quar.)
Water
Metal
Ritter,
12-15
9-30
10-
—
(irregular)
Richman Bros,
.
Lives and
j/———
——
10-1
40c
Steel
Rieke
1-1-44
75c
on
preferred
preferred
9-15
.9-30
35c
(quar.)
(quar.)
6 %
Richmond
50c
Pennsylvania Edison Co., $5 preferred (quar.)
$2.80 preferred (quar.)
Extra
Investors,
preferred A
Common
1
10-15
9-30
37J4c
(quarterly)
—__——
9-10
$1
Granting Annuities (Phila.) .(quar.)—,—
Forge
,
10-
1
50c
Penney (J. C.) Co. (quar.)
Pennsylvania Co. for Insurance
Pennsylvania
10-15
10-
10-20
10-25
50c
;
____
—
9-10
30c
—
Common
(quar.)
cumulative
9-27
20c
124c
—
(quarterly)
6% prior preferred A (quar.)
Reymer & Brothers (irregular)
Rice-Stix Dry Goods, 7%
1st pfd.
1% 2nd preferred (quar.)
9-20
$1
—_
1
10-
9-10
—
preferred
convertible preferred
8%
9-15
50c
—
Pictures
10-
1
1
Corp.,
Bit
convertible
6%
9-30
(quar.)
(quar.)
Parker Appliance Co. (quar.)
1—._—
Patino Mines & Enterprises Consol., Inc.,—
Peninsular Telephone, common
(quar.)
Paramount
-■
11-
1
9-30
10-
$$1.75
•
Pennsylvania
50c
preferred
Republic
9-30
(quar.)
common
1
10-15
9-30
11-30
10-
9-30'
$1.50
8%c
__—
9-15
10-15
10-15
:
10-19
40c
20c
v
9-30
$1
'
$1V2
9-10
;
Reliance
9-18
50c
$1.40
.-•■
common,-
9tl0
—
9-30
9-28
1
1
1
10-15
9-30
__.
$6
7 4c
(quar.)
Machine
Republic
'9-30
10-
11-
$20c
—
Southern
10-
9-23
I$15e
Co
Southern Natural
$l'/4
1
$4
(accum.) _r
(accum.)
& Platinum.___
B
preferred
6%
10-
35c
preferred A
9-14
50c
9-30
10-
$$114
'•
———
5
$l3/4
(quar.)
Coca-Cola Bottling
Panhandle Eastern Pipe Line Co.,
5.6%
$116
——
Oil
West
Southern
9-11
15c
$3c
$20c
& Corona Typewriters,
9-21
25c
9-15
10-15
v:
10c
a-_—
(quar.)
—
(quar.)
preferred
9-15
1
$1.25
(quar.)
common
Tennessee
Products Corp..
$35a
;11-
1
9-30
11- X
8-30
8%
pfd.
(quarterly)—.
Service, $6 pfd.
(quar.)_
(quar.)
Co.
Thermatomic Carbon,
*$l3/4
;
1
9-30
$$l3/4
Paper Mills. 6% pfd. (quar.)
1
(quar.)
Extra
.
(L. C.)
Southwestern
10-15 ;
50c
8-30
$14;
(quarterly)—
Common
9-24
(Howard)
10-
(quar.)_
1
9-30
:
10-1
1010-
$iv2
Smith
8%
9-21
5c
Rayon Corp., common
_:
prior preferred (quar.)_______preferred class A (quar.)
South
9-15
1
$1V4
Extra
4.6%
9-15
1
10-
$1V4
(quar.)_^.
Skenandoa
10-15
30c
(quar.)
common
63c
Singer Manufacturing.^quar.)
9-20
87 V2c
(quar.)
5%
(quarterly)
Mfg., common—
7preferred (quarterly)
Remington Rand, Inc., common (interim)
$4'6 preferred (quar.)
10-
50c
$114
(quar.)—
(increased)
Page-Hersey
'
A
Roller
•
Electric
Tel.
Common
;
—
(quar.)
preferred
10-15
25c
——_
...
Pacific
Panama
(initial)
(initial)
Indemnity Co. (quar.)
Lighting Corp., $5 pfd.
Pacific
1
Corp.
Southwest
2nd preferred
Prentice
5r/o
(quar.)
preferred
Pacific
&
9-
1
1
9-30
15c
common (irregular)—_
(quarterly) -i.——---.—-—.
(irregular)—^
Regent Knitting Mills, Ltd.
$1.60 non-cum. preferred
(quar.)________
Reliable Fire Insurance (Dayton, Ohio)—
Quarterly
_;
_'
Reliable Stores, common (quarterly)—;
(Minn.)—
series
prior
9-25
$$114
Pacific-American Investors, Inc., pfd.
Convertible
9-25
1
/—L-_-
preferred (quar.)—
Otter Tail
1
10-
Oil
10-1
10-
$134
—
1%
Reed
10-15
10-
(quar.)—
com.
•"
Sinclair
Ltd.,
1
•$14
Drug, common
Class
9-15
Simpson's
10-
10-
Reed
10-15
$1.50.
—
(quar.)
Ottawa Light Heat & Power,
5%
9-15
$1.25
.
;
10-
$l'/4
$1 Va
50c
9-18
$2 410- 1
10- 1
$$1.25
11-15
125c
11-15
$$l3/4
(quar.)
Co.
Ltd., com.
7%
5%
9-30
9-15
10-1
9-10
$1.25
(s-a)
Ltd.,
California
8-31
9-10
10-15
(quar.~Vj,.
(quar.)
6V2% preferred
Southern
9-30
10-20
Hole
preferred
&
10-15
1
$l5c
Sons,
Southern
1
Button
7%
&
South
25C
1
10-
(quar.)
(quarterly)
conv. pfd.
$5
preference
(H.)
9-20
11-
Reed
preferred
9-20
;
$2'4
Recce
9-18
—
10-
1
$1V4
Reading Co.,
9-30
1
10-
"9-20
1
10-
——
1
10-15
10c
Fund of Boston
preferred (quar.)_:
6%
Steel Car, 5% preferred (quar.)____
Packing Co., 5% preferred (s-a)_.
Rayonier, Inc., $2 preferred (quar.)
9-20
1
25c
(quarterly)..——
(irregular)..
(quarterly)
-V."
Corp.,
Ontario
Ontario
10-
$5
10-
9-20
10-
$l3/4
Penn
41 %C
9-30
8
10c
Pittsburgh Water, 4Va% pfd. (quar.)
Porto Rico Sugar Co., common.
9-23
"
9-
37'4c
South
9-16
Ralston
Ray-O-Vac Co.,
8% preferred
partic.
$I3/4
—.____
3c
(quar.)..
com.
Power,
Rath
9-15
40c
Simon
Southern Fire
Employees Corp., 80c preferred
Railway Equipment & Realty—
$6 preferred (accum.)
9-15
9-30
/
(quar.)..
preferred
$1 Va
RR.
9-15
9-21
Carolina
(quar.)-
(accum.)
1st
9-30
South
(quar.)
pfd.
(quar.)
convertible
9-21
62>4c
8
Corp of America—
$3J6
9-10
V
75c
common
preferred
9-20
$l?a
shares
trust
Inc.,
Omnibus
;
10-
$1%
$1V4
(quarterly)—.
....^
prior preferred (quar.)
Old Colony Insurance Co. (quarterly)———
Old Colony Trust Associates—
Radio
9-20
1
1
9-30
9-
(quar.)
•
10-
10-20*
10-
15c
Gold
(quar.1)
Puget Sound Pulp & Timber, 6'6 pfd. (quar.)
Pure Oil, 5r/o preferred (quar.f
9-18
1
$1.50
1
50c
$5
Corp., original pfd.
A Puget Sound Power & Light—
9-18
t.
&
11-
(quar.).
(quar.)..
com.
10-
9-30
9-15
10-20
American
10-1
1
1
South
3C
9-25
10-
11-
(interim)
Sorg Paper, 64
10-5
9-11
10- 1
$1
$iv«
9-15
—
Publication
1
v■
1
50c
com.
10-
$1.37V2
(quar.).
10-
58 V3C
____
9-10
50c
50c :
South
^
1
(quar.)__
(quar.)
prior pfd. iquar.).
(Boston)
Extra
(monthly)—
9-10
10-
(accum.)
Silverwood Dairies, Ltd., common (accum.).
Colorado—
of
Elec.
8%
5%
5
9-10
1
7% preferred (quar.)-.
Shippers Car Line Corp., 5% pfd. (quar.)__
Optical Co.
Signal Mountain Portland Cement—
9-24*
10-
9-10 '
1
Shuron
5%
15C
preferred
10-
Common
8-30
10-15
1
10-
Sheep Creek Gold Mines Ltd. (quar.)_._
Sherwin-Williams Co. of Canada, Ltd.—
1
10-15
1010-
$6 preferred (quar.)____
_
Service
6%
10-
convertible
9-18
B
Co.
Corp. of N. J.,
(monthly)
Public Service Co. of Okla., 5%
:
Shawmut Assoc.
9-18
9-15
9-10
$2
$2 V2
preferred (monthly).
preferred ('monthly)——,
Public
9-15
Co.
preferred
6%
8-30
•
$1%
preferred
1
10-
$2
(quarterly)
Service
:;.v7'6
9-15
9-30
10-
Public
Investors
A
1
$516
1
10-
100
RR
Prudential
1
$3
10-
10-15
Prudential Personal Finance (Bait.)—*
10-
common..
9-18
10-15
9-21
9-15
10-
Gas,
1
9-!5
1
$1.75
15c
9-15
10-
Natural
10-
1
9-20
;;
10-
preference
$5V2
Corp.
Corp.,
Steel
Smith
class
1
1
S2
$l3/4
Oklahoma
9-
$$1%
(irregular)—
Worcester
9-15
1
;
Co.
9-30
50c
——
10-15
$1V4
each
and
common
held
common
1
10-
$5c
preferred
class
9-20
(quarterly)—.—-
9-21
12-15
62 Vac
(quar.)
(quar.)
(stock dividend)—
Ohio Leather Co., 8% 1st pfd. (quar.)—
7% 2nd prelerred (quar.)___——
(quarterly)
9-30
12-15
6V4C
(quar.)
5^
9-10
preferred
8*
25c
_
9-10
1st
9-15
9-
25c
Ltd., 5*6% pfd. (quar. J.¬
Qamble, 8% preferred (quar.)—
1
preferred
Sharon
50c
,____
& Co.,
1
5%
Shareholders
9-15
1
9-30
10-1
1
preferred
preferred
9-27
30c
Ltd.—;
Mines
prior
A
9-10
$1%
______
pfd.
Amer
East Dome
conv.
class
5'4
10-
9-30
9-16'
$l.87V2
Corp.,
Malting
10-21
10-
12-15
1
'
$1.25
(quar.)
1% pfd. (quar.)
15c
50c
9-15
>
12-31
$1.62Va
Acceptance Corp.,
Selected Industries,
Shaffer Stores, 5%
1
1
9-10
Seiberling Rubber Co.—
$2.50
Car
10-
6'/f
9-10
9-10
1
10-
$3
$6
9-22
12.
9-30
h
'17'4c
...
preferred
1
$1V2C
9-30
Ohio Service Holding, $5 non-cum. pfd. (quar.)
Ohio Water Service, Class A, common ———
1
9-15
Steel
(quarJ
>•
(quar.)
10-
9-20
Gas
>
10-
10-5
9-15
10-
Price Bros.
25c
1
10-15
Providence
—,—j——.i
10-
A
Brewing &
6%
Sedalia Water,
$75c
10-
___
Securities
9-15
9-23
(irregular).;.-—75c
Ohio Public Service, 7% preferred (quar.)—
$l3/4
6%
preferred (quarterly)—__________
$14
Seattle
9-15
9-15
9-20
$l'/4
—
9-15
1
9-30
9-30
$116
Common
1
10-
10-15
Co.
preferred
10-
10c
50c
of
5%
10-
25c
Co.—
Mfg. Co. (quar.)
Scott Paper Co., $4 preferred
$4V2 preferred (quar.)
Co.,
10-1
12-15
37V2C
(quar.)
(quar.)
Commercial
12-15
371^
Scovill
Seaboard
12-23
$1.75
r
Refining Corp. iquar.)____
Schenley Distillers Corp., 5V2V0 pfd. (quar.)
50c
$$1V2
1
Ohio Match Co.
1
9-20
9-10
10-
•'
1
1
v
$14
10-
10-
2nd
$3
9-15
10-
$$1.75
7%
5%
-
9-24
(quar.)
Mining
(accum.)
debenture B (quar)
8 7c debenture A
(quar.)
Savannah Sugar
$25c
__
(irregular)—
pfd. (quar.)
5%
7V2c
10-15
25c
Preston
10-15
9-10
9-25
9-15
;• 10-25
3
12-15
$iVa
Association-—
D
debenture C
Scranton Electric
^
9-23
10-25
1
10-
$1.31 Va
__
Power
J9-23
12-23
$1
7'4%
10-22
(quar.)__
(irregular)
&
10-15
$3
(s-a)
10c
9-23
10-1
7%
9-20
10-1
.____.
1
~
9-20
1
9-15
Gold
Electric
debenture
75c
1
1
1
10-
1
Pressed
9-15
1
10-
1
Metals
Co., 7% pfd.
Remedial Loan
preferred
V
10-
Power Co., Ltd.,
Co. of America—
6%
'■$:
$134
Co.
Rico
Savannah
6V2%
10-
9-20
—
1
Premier
8-10
1
10-
$1.65
9-
$1
9-20
?
10-1
50c
.____——
,
7%
Pocahontas
1
_________
1
50C
Sulphite & Paper Co.—
preferred (quar,)_.
$2
—
preferred (quar.)
preferred (quar.)
$7.20 preferred
(quar.)
„;
Ohio Finance Co., 5% prior pfd. (quar.)
■ 6%
preferred (quar.)
9-
6216c
non-cum.
1
$6.60
1
30c
(quar.)_____
10-
$1 VA
h, $7
1
10-
$2
—
Oil Co.
10-
—
10-
75c
10-
Water; $6 pfd. A (accum.)„___
$5 preferred (quar.)
Cities
Edison,
1
1
Paper
Francisco
$1V2
;
(Hartford)
s
$25c
9-20
10-
11-
$1 Va
Atwood
•'10-
_•
.
1
10-25
Regis
'
Co., common
1st preferred (quar.)
(quar.)——
Ohio
&
40c
874c
___
(quarterly).—
.
Co., Ltd. (quar.)
Corp.
(quar.)—.
Flour Mills common
Ohio
Co.
of Rec.
$75c
'25c
Quarterly
Quarterly
Sangamo Electric Co
;
San-Nap-Pak Mfg. Co. Inc., 70c pfd.
Savannah & Atlantic
Ry. Co.— '
5 %
preferred (quarterly)
Corp. of Canada, 6 % 1st pfd. (quar.)
6%
non-cum.
partic. preferred (quar.)
Pratt & Lambert, Inc. (irregular)
3
1
10-
$1V4
pfd. (quar. )
Nu-Enamel
,
Holdert
Stockyards
,
(s-a)
$1%'
$14
$1 4
.
_—
10-
A
San
$l»/4
Package Corp.
preferred
4%
3
Nova Scotia Light & Power
•_ $6
Paper
Port Huron
—
Northwestern Nat'l Insurance (Milw.) (quar.)
Northwestern States Portland Cement (quar.)
;;
Tire
7%
9-24
10-
$83/4c
$12c
t $ 1V2
————
—
Ogilvie
Insurance
75c
■
5C
$1'6
common
50c
(quar.)
States
vy(v(
When
-
St.
50c
Pollack
9-24
1
10-
87J4c
: 50c
(accum.)——
common
$5 preferred (quarterly),
Northwestern Electric, .7% pfd. (quar.)
6%
original preferred (quarterly)
Norwalk
1
10-
20c
(quar.f———————
9-20
15c
(quarterly)
(quar.)
Pneumatic Scale Corp., Ltd.
9-18
10-
—
9-15
1
Class
preferred
9'25
9-
Plume
11- 1
9-30
•
717/ac
75c
—
_
1
10-
2nd
9--10
.•
9-3
preference
Pressed
Rayon, class A—
—
10-
—_
Power
____■—
1
Z%
9-10
9-30
Potash
(quarterly)——.——
American
Class B
8
9-
Finance
preferred
1
10-
common
Pittsburgh Plate; Glass Co.
Pittsburgh Screw & BoltPlough, Inc. (quarterly) __'ji
one
—
10-
Pittsburgh Fort Wayne & Chicago Ry.—
Common (quar.)
share of Pa¬
Corp.—
(quarterly)—,
,
Payable
Public Service
Company—
and Class B
(irregular)
$2c
(quar.)
2nd preferred
Electric Co., common
dividend
Pond
(quar.)
American
Louis
87 Vac
i_4
Pittsburgh; Bessemer & Lake Erie RR,—=•
,
(quar.)
St.
8-31
1
25c
-
1
10-
hun¬
dred shares of North Amer. Co, held—
53/4%
9-20
9-30
20c
'
every
9-30
10-
(initial)__
Y 9-24
9-30
10-
$14
$ 1 Va
one
for
J.
A
(s-a)
National
Co., Ltd
Co..
preferred
(s-a)
Louis
9-30
Porto
dividend)
\
St.
preferred
Plymouth
(quar.)
Electric
;
share
9-15
30c
Pictorial
10-16
11-1
$14
$25c
1st preferred B (quar.)
North American Co.—
cific
ij'-fc,
pfd. (accum.)
9-11
$1.06 Va
(s-a)—
non-cum.
Common
$6
Common (stock
-
Per
6(6
1
25c
Photo Engravers & Electrotypers (reduced)
10-16
"
$6
\*
Company
1
$2c
preferred (quarterly)
Philadelphia Transportation—:
Participating preferred (irregular)
Phillips Packing Co., 5V4% pfd. (quar.)____
9-24
60c
50c
H.)
".v
Name of
St. Lawrence Paper
Mills,
St. Louis Bridge, 67o 1st
10-
37i6c
1.
5 '/o
10-15
10-
Inc
Corp.—
9-21
Philadelphia Suburban Transit—
9-15
$1/2
———»——
10-15
8
Philadelphia Electric Power, 8% pfd. (quar.)
Philadelphia National Insurance (s-a)
9-17
Industries,
(quar.)
(quar.)
Gas
prior
$1
9-24
10-
30c
.
9-
10-
______
$4
t 9-17
_
Corp.—
"*^5
*v'$!%
(quar.)
(N.
$6
9-24
1
——
Nicholson
M
1247
of Reo,
1
v
.
Nineteen
,v'
50c
_____
Philadelphia
;!/ 9-15
10-
1
___.
(quar.),.
—
preferred (s-a)
$5 preference (quar.)__.—
$6 preference (quar.)____
Philadelphia Dairy Products—
9-11
10-
(J.J.) Realty Co.—
■
preferred A (quar.)
—
6%
preferred B (quar.)—
Niagara Fire Insurance (N. Y.) (quar.)——
Niagara Share Corp. (Md.)—
6% preferred A (quar.)
—————
Niagara Wire Weaving Co. (quar.)——t—
10-
$1
Q%
9-13
10-
.
&
Co.
Philadelphia
9-15
$1%
$14$1
——
RR.
Oil
Extra
9-15
10-
.A\
(s-a)
64%
North
Petrol
Pfaudler
9-22
$1.50
$1.75
——
—:—-
Newberry
^Lii.
HolAeri
Payable
35c
(quar.)
preferred
Phoenix
(quarterly)——
(quarterly)——
"7% 'preferred
s
10-
$l'/4
—
10-14
9-3<0
.$13A
$14
/,
4va%
Peterboro
10-
$1.75
35c
(quar.)——,
common
ehare
When
''
—
Orleans
9-17
9-17
A
_
London
Co.
Mines
common
9-30
preferred
New
: v.
•
preferred
(quar.)
Stove
Gold
Milk,
9-30
Newark Telephone Co.,
New
v
•
<
•
——
—---
Works, 1%
Circle
Perfection
9-15
9-17
(quarterly)—
; 6%
:
.
Stores
Water
.'Perfect
?> 9-15
1
25c
$1%
$l'/2
50c
13%c
Sugar Refining
—;
.____
Supply, 54% prior pref. (accum.)
prior preferred (accum.)
National
;
Peoria
9-16
10-15
(quar.)— ___——$$1
Corp.
National
10-15
1
Drug
(irregular)
Peoples Gas Light & Coke Co.
9-20
1
10-
15c
—_
1
11-
37V2C
$ 1V2!
___—
Radiator
Name of Company
■y
Peoples
Bearing Co., Inc.—
$14
preferred (quar.)
National Power & Light, $6 pfd. (quar.)____
"
Per
Motor
National
"v
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4215'
158"
y; h».'v ■ *
$5 preferred (s-a)
$4% convertible preferred
(quar.)—
(quar.)
J9?
$2 4
10-1
10- 1
9"2?
$1V4
12- 1
10- 1
$lVa
10- 1
;
9-10
9-15
9-3*
9-21
9-
7*
11-24
9-15
9-10
General
Toronto
Toronto
;
Products
Trico
1
9-10
Whitaker Paper
10-
1
9-15
(quar.)
—
.i,- $1%Whitman
(Wm.) 7% preferred (quar.)
$t%
Wichita Water, 7% preferred (quar.)
:V;:: $1%
Wiebolt Stores, .$5. prior preferred
(quar.)
$1V4
10-
1
9-22
10-
1
9-15
f
62 Va C
1010-
1
25C
50c
9-15
9-20
Wisconsin
95c
10-
1
9-20
Wisconsin
common—
•
"
,(qua r.)—.,
B
Fruit
United
_:l_
Illuminating Co.
1
10-15
11-
1
10-15
11-
1
1
53c
12-
1
12-
1
11-15
1-
3
12-15
53c
1-
3
12-15
1
$ 1 VA
12-17
10-
$l5/4
(quar.)———
preferred (irreg.)__
Machinery, common (quar.)
6%
preferred
(quarterly),
___—
U.S. Fidelity & Guaranty Co. (Bait.)——,
U. S. & Foreign Securities, S6 1st pfd. (quar.)
10-10
9-10
siy2
Insurance
6-15-44
9-28
"S4.25
3
5
10-
5
10-15
(quar.)
—
5V2%
U.S.Hoffman Machinery.
9-15
68a,4C
pfd. (quar.),
11-
1st preferred
Leather
Co.,
S.
Playing
Card
S
9-30
(accum.)—
- 7%
prior pref.
S.
(quar.)
'
■
•
1
1
10-20
30c
(quar.),—
10-
9
-
U. S. Printing & Lithograph—
6%
(accumulated)
preferred A
U. S. Sugar .Corp.,,$5 preferred
.
$5 preferred
$5
preferred
6'.4%
6.4%
Steel
Universal-Cyclops
Universal
Laboratories,
8%
preferred
4-15-44
4-
3*
7-15-44
7-
3*
12-10
11-26*
3-10-44
2-25*
40c
—
—
,
9-30
5%
5%
Valve
5
12-
1
10-16
.10-
1
$72
—,—
10-
62V2C
v.
preferred
6%
8
V2
10-
1
9-
8
1$1.25
—
10-
1'
9-20
25C
1
9-30
9-23
1
10-16
2-1-44
1-15
11-
37,/2C
5-1-44
4-15
37,/2C
—
8-1-44
7-15
9-30
9-30
;+:
1c
9-28
(quar.)——iV
$l34
10-20
(resumed)
pfd.
m
Co.
Swasey
(accum.)
'
—2
10-
1
1
9-27
10-1
9-27
10-
90c
9-L5
1
25c
9-28
9-28
9-14
9-20
/
12-
1
9,525
—
772
24*
+
8,347'
5,939
+
.
1
1
9-10
1
1
U.
S.; Gov't
65
accounts,
18,955
9-17
10-
104
14
deposit accounts except
and
week
during
10-
314
21*
67
Interbank
10-
430*
784
demand
to
Debits
9-20
<:Sept. 8 figures revised (San Francisco District),
9-17
10-
1
10-
1
9-20
10-
1
9-17
10c
$1%
10-1
9-20
Reserve Banks Combined
10-
1
9-11
(In thousands of dollars)
12-15
12- 4
Staiemenl of Condition of the 12 Federal
Increase or Decrease since
Assets—
,;•<
on
Sept. 15, '43
Sept. 22, '43
1
hand and
*
certificates
Gold
U. S. Treasury
19,915,217
129,865
+
+
Sept. 23, '42
—
16,209 y
cash
+
647,406
+
1,502
770
13,937
20,378,624
other
+
+ 333,542
Redemption fund—F. R, notes
,
115,222
Showcase
$2.50
12-
1
:■
changes
U.
for, the
$2
•—
186
Bills
increased $201,000,000.+
449,312
+5,808,997
9,236,801
458.692
+5,817,999
from
foreign
127
banks
notes of other banks
Bank
+
—
61,001
—;
10
16
+
14,716
731,381
31,857,533
assets
+
6,260,334
+
4,676,110
circulation-
15,138,393
26,875
Member bank—reserve acct-
12,486,796
1,242,453
accts-
548,614
+
1,232,285
429,640
F. R. notes in act.
Deposits:
'
U. S. Treasurer—gen.
Foreign
Other
63,349
+
35,770
260,652
+
125,722
109,555
+
1,034,068
166,976
+
497.656
7,844
305
+
3,437
31,427,774
732,279
149,949
,i—
538,733
1,584,202
682
incl. accrd. divs..
Other liabs.,
600,512
542,228
14,697,335
Total deposits
Deferred availability items—
Demands
Total liabilities
' +6,211.271
;'^CapitalAccounts—,;.:;;:.-.';:vK.
¬
paid in_.—
(Section 7)_
(Section 13b)—
Other capital accounts
Capital
phia District, and $170,000,000 in the Boston District; the
total decrease at all reporting member banks was $3,-
Surplus
: United States Government • deposits/in¬
creased in all districts, the principal-increases being $2,-
4,668
,
2,909
160,411
—.
;:V
26,829
Surplus
412,000,000.
31,857,533^
Total liabilities & cap. accts..
deposit &
combined
Commitments to make indus-
(accum.)
—
Wellington
$1V2
10-
1
SIV2
10-
1
10-
1
10-
1
50c
10-
41,438
731,381
+6,260,334
Ratio of total res. to
F. R. note liabilities
18.0%
.+•+'... 1.3%,
68.3%
trial advances—
•
000,000;
T:
-
11,789
1,103
175
+
;
Foreign^Exchange^ Rales.;
'.
;
.
Tariff Act of 1930, thejFederal 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
Pursuant to the requirements of Section 522 of the
(.
(world; We give
-
below
a
record for the week just passed:
'•
'
;
■
.
•'
.
;
'
+
-
,
BANK-TO TREASURY UNDER'TARIFF ACT OF 1930
SEPT. 17 TO SEPT. 23, 1943 .>/'
1::v-'
BY+ FEDERAL*'RESERVE
CERTIFIED
RATES
EXCHANGE
FOREIGN
»
-
9-27
-
Noon
9-27
'
Country and Monetary Unit
Mfg.
Oil
Co
Extra.
—
West Eoylston Mfg.
West
5%
.
Snowdrift
&
Indies
Sugar,
preferred
Co.,
Inc
—
common
10-
25c
1
pfd. (quar.)
9-15
4
Sep.17
Light—
(quar.)—
preferred
Vest
Penn
Electric,
West
Penn
Power. 4%%
(quarterly)
pfd. (quar.)
$2
10-
1
9-15
Free
preferred (quar.)—
Pulp & Paper (irregular)
Service, $6 pfd. (quar.)
Vest Texas Utilities, S6
Vest Virginia
V/estern
Electric
..
Western Grocers.
7%
preferred
Western
5%
6%
Tablet
preferred
preferred
Ltd.. common (quar.) —
(quarterly)———,—
&
Stationery,
(quar.)
common——
1—:
(quar.)
—
3.228000
1
_
....
.
'
•
9-15
Official
siy2
'
_
L—
t.
30c
SIVa
•
.251247*
'
■
;
Colombia, peso
•England; pound sterling
9-18
10-15
9-20
Mexico, peso
1
9-15
9-15
Official--—
10-
9-15
Free
1
9-30
9-24
...
.
..
'
•.051275*
■
.051275*
•:
f 75c
10-15
'
.909090
.051275*
.051275*
l
■
*■'
.901250
*
.901718
.572766*
9-15
9-30
9-17
pound
1
12-20
v
.
3.244203
.902500
•Nominal rate.
.658300*
.529450*
.205800
.572766*
4.035000
.909090
.899375
.
3.980000
'
.909090 +
.900000
3.244203
3.980000
.
.
.205800
.909090
.899583
3.244203
.3.980000
.909090
.901953
.572766*
.205800
'
3.244203
■
,
.901953
.572766^
.301215
3.244203
3.980000
.909090
4.035000
.898750
.
•V
.909090
'
.301215
.909090
.909090
.051275*
.051275*
■
4.035000
.205800
r-
.060586*
.060586*
.301215
'
'+
.301215
.205800
.909090
.899583
3.244203
3.980000
.658300*
.658300*
.658300*
.658300*
.658300*
.529550*
.529550*
.529550*
.529550*
,529550*
'
;
Noncontrolled
-
i .2512471'
3.228000
3.228000
; 4.035000
:
.301215
Uruguay, peso—
-
9-20
1-3-44
4.035000
Africa, pound-
Controlled!
10-
4.035000
•
1
.
-
.572766*
-
.572766*
.898125
Union of South
9-15
10-15
50c
$ 114
•
.205800
—
Vs" ""-'.251247*
.060586*
.909090
.909090;+
.301215
.India (British), rupee
'New Zealand,
$
.297733*
'
3.228000
Newfoundland, dollar—
10-1
10-
Sep. 23
•
$
.297733*
':.v:251247*'■'
.060586*
"
9-22
«
•
;
L .297733*
V.
3.228000
3.228000
.060586*
.900625;
t$1.75
$1V4
>■.
i•...
;
H
O
-
$
'
.251247*
Canada, dollar—
12- 6
9-30
'I
'
.060586*
9-30
SVa
50C
Co.-——-—.—
.297733*
.297733*
t
12-16
...
S
'
_
Brazil, cruzeiro-
—
Vest Virginia Water
'
.251247C
"
Australia, nound
1
9-15
Official
Sl3/4
—--
•
-
Sep: 22
Sep: 21
Sep. 20
•
9-16
10-
9-15
$S1%
class A
V-
- •
$
1
Vest Kootenay Power &
7%
■"
■
.297733* '• -::'
1
%V/4
(s-a)
Sep.18
'
'
Argentina, peso—
10-
25c
(irregular)
"
9-15
50C
——
of Ala., 8%
10-15
UV2C
-
'
York
Buying Rate for Cable Transfers in New
Value in United States Money
'
9-25
1
9-30
20c
Fund
Wentworth
Wesson
48
216
+
92,570
%
964,000,000 in New York City, $850,000,000 in the Chicago
District, and $475,000,000 in the Boston District;-.the total
increase at all reporting member banks was' $5,939,-
'
-
1,771
—
Liabilities—
.r
.
deposits-adjusted declined • in all districts,
the principal decreases being $1,869,000,000 in New York
City, $513,000,000 in the Chicago District, $218,000,000
in the Cleveland District, $197,000,000 in the Philadel
+
306,414
-
- 80
45,316
815,243
+
—
38,535
assets
Total
+...
2,064,406
premises
Other
——
17,542
■
78,039
Uncollected items
increased $332,000,000 in
New York City, $111,000,000 in the Chicago District,
$94,000,000 in the Boston District, and $697,000,000 at all
reporting member banks. Holdings of Treasury certifi¬
cates of indebtedness increased $206,000,000 in New York
City, $144,000,000 in the Chicago District, and $453,000,000 at all reporting member banks.
Holdings of United
5,085,900
securities,
9,204,065
Due
of Treasury bills
871,944
+
38,312
+
+21,585
+
direct and guaranteed
F. R.
•
—
:,
Total .bills and securities
,
v
+
411,000
+—
5,664,967
-
Total U. S. Govt,
in New York City, $33,000,000
bonds
-
170,432
—
691,900
1,318,150
"
1st preferred
3,421
—:
1,529,048
r
Certificates
increased $499,000,purchasing or carrying securities
$257,000,000, both largely in New York City.
.
Fixture Co.—
participating
1,571
12,423
+
guaranteed:
Bonds
brokers and dealers in securities
Government
11,217
-
9,194
—
direct
securities,
Notes
agricultural
and
Govt,
S.
and
.
000, and other loans for
States
.
13,994
—
50
.
21,519
Industrial advances
loans in¬
in the
Cleveland District, $32,000,000 in the Chicago District,
and $246,000,000 at all reporting member banks. .Loans
to
■
+
9,144
—
;
'
Total bills discounted—;
of weekly reporting member
System in 101; leading
industrial
creased $86,000,000
21,519
'
,
discounted——.
bills
Reserve
11-15
50c
;
&
431,249
—
'
Wayne Pump Co.
Weber
100.935
+
Gov't obli¬
gations, direct & guarant'd
Other
September 16; an increase of $5,939,000,000
States Government deposits, a decrease of
Commercial,
■v
11-15
25C
(quar.)
banks
Domestic
$3,412,000,000 in demand deposits-adjusted, and an in¬
crease of $1,371,000,000 in holdings of United States Gov¬
ernment obligations.
;
:
preferred (s-a)
,;
—
—
Washington Title Insurance, com. (quar.)—
6% non-cumulative class A pfd. (quar.)— >.•
4,786
—3,412*
—
Foreign banks
10-
9
9-20
$1.25
5%
Co.
10-
8-31
9-20
1
5c
_1—
Chemical
321
9-22
10-
'
Washington Railway. & Electric Co.—
5%
preferred
(quar.),:
Motor
10-
25c
(quar.).
(quar.)—
Ward Baking Co.. $7 preferred
System
66
+
—
9-22
10c
$l3/4
L
L——
42
315
5,915
8,787
Borrowings
' /
following-principal
the
shows
United
in
9-20
9-30
9-29
10-
$1.75
(quar.),,
Refining &
1
9-23
37V2C
Detinning Co., 7%
Waukesha
12-
1
9-
37^c
Wabasso Cotton,'Ltd.
•
9-10
9-30
12-10
10-
Petroleums
Vulcan-Brown
&
9-10
1
$2
(quar.)
preferred
Warner
9-30
10-
(quar.)
preferred (quar.)
Vlcheck Tool Co., common
Warren
9-21
$2 V2
„—
6.%
Waldorf
1
10-
62V2c
preferred
.
9-20
9-21
$3
preferred (quar.)——
(quar.)
(quar.)—,—-
preferred
1
■:
common
6%
10-
$1.75
Monughan, 7%
6%
9-18
15c
<quar.)__
Common (s-a).
•_
5% preferred (s-a)
!___—
Viau, Ltd., 5% preferred (quar.),,
Works
1
10-
$1
,
Chemical
9-21
12-24
10-
25c
(s-a)——:
Vicksburg Shreveport & Pacific Ry.—
Victor
1
1-3-44
Sl3a
preferred (quar.)—
7% preferred
Vapor Car Heating,
Vulcan
9-15
10-
$1V2
—
7%
1
9-15
10-1
621/2C
.
—
-
9-27
12-27
$2
—
cities
Holdings
1
10-
$l3i
6% preferred (quar.)
Van Camp Milk, common,
$3 preferred (quar.i—
Van.de Kamp's Holland Dutch-Bakers, com.
Victor
8-26
1
closed for
not
Federal
the
increased
1-1-44
75C
75c
9-22
9-24
Co.—
.Vermont & Massachusetts RR.
9-27
1
1
9-30
40c
Bag,
Virginian Ry.,
1
1211-
S2
(final)
pfd.
—
prior preferred (quar.)
prior preferred (quar.l,
S6.50
9-17
$1
(quar.),,
v
Knitting
5-25*
6-10-44
30c
62J/2C
iquar.)____
.Upper Michigan Power & Light—
6% preferred (quar.)
6% preferred (quar.)
'
—
Upressit Metal Cap Corp., 8% pfd. (accum.)
Upson Co.. 7% preferred (quar.),,
Utica
3*
40c
Corp.
Co.
1-15-44
1-
40C
i
.
Co., com.
Pictures,
Products
1*
$1.25
(quar.)„^_
8% 1st
Universal
Universal
10-
$1.25
;
common
Universal Leaf Tobacco
9-21
1
10-
10-15
$1.25
.
$1.25
(quar.),.
(quar)
preferred A (quar.)
preferred A (quar.)
preferred A (quar.),
6.4%
;V
SlVa
—
(quar.)
(quarj
preferred
$5
1
10-
$1
.
38
+
Interbank deposits:
25c
—
504
—
47
+
258
—
35
32,871
deposits-adjusted
deposits
U. S. Government deposits:.——-—
week ended
11-30*
12-20
50C
—
(quarterly)—
books
of
banks
9-20
1
10-
n.Wi
(initial quarterly)
5,228
9
>
+
562
——2,549
9-27
1
10-
(irreg.)
„
The condition statement
9-15
United States Pipe & Foundry Co.—
Quarterly
10-
Jamaica Income tax.
30%
9-10
U.-
2,257
+
LiabilitiesDemand
Condition Statement of Member Banks
9-21
10-
50C
—
5,887
+
'
t
$134
(quar.)
,—
Plywood Corp., common
4.%% ..preferred
9-30
Balances with domestic banks
Secured by U. S.
10-19
1
+
11
201
57
311
—
Bills discounted:
U. S. & International Securities—
IJ.'
Cash in vault,.
9-10
9-15
1
10-
.
U.
9-10
9-10
1
10-
$l3/4
'
preferred '(quar.)
9-21;
9-30
40C
50c
453
+
50c
•Transfer
9-30
$l»/2
.
U. S. Gypsum Co., common (quar.)
7%
1
' i
:
this dividend.
tOn account of accumulated dividends.
^Payable in Canadian funds, tax deductible at the source.
Nonresident tax, 15%; resident tax, 7%.
a Less British income tax.
9-30
25c
1.882
-
—
10-
————
5V2% pfd. (quar.)
Cooperative Mercantile Institutions--'
Less
x
9-14
'
securities
due from
9-14
+
Reserve with Federal Reserve Banks
$13%
15c
Quarterly
9-23
10-
37V2C
—
10-
62V2C
-
9-10
9-18
Zion's
697
2,953
9,609
.
preferred
4%>
bonds
1
9-16
——
(special)
4,267
8,110
4,923
16,447
'
+
9-20
(quar.)—
Co
65
1,837
9-16
82
1,326
10-
9-28
*235
—
25
Other
.
1,249
■■7'
Obligations guaranteed by U. S. Government
10-15
10-31
•
+
+
79
Treasury notes
U. S.
499
1,140
banks—
Treasury certificates of indebtedness
>
$lVa
$l3/4
Youngstown Sheet & Tube,
3-15-44
7-1-44
$2^2
.+•
4-1-44
$ 1 V4
————
Paperboard, 6%
Co.
9-25
(irregular),——-.—^—---———',, ..
25c '
:::) Class B (special)!,
——
V->V;. $1
7% preferred (quar.).
—:
—
■
$1.75
9-15
1-3-44
$l'/4
——
(quar.) 2—_•—
& Canal (quar.)
Guarantee
pfd.
7%
(Rudolph)
Common
12-15
3
1-
50c
Shoe
S.
10-15
»
J.' RR.
United
10-15
1
1
543
605
257
+
609
—
Treasury bills
50c
Class B
v
—
United
1,
11-
+15,035
+
—
purchasing or carrying
Other loans
.
————
Truck & Coach Mfg. Co., com.
Loans to
9-20
10-
■
Yosemite Portland. Cement Corp.—
(quar.)
5,% preferred (quar.)
6% preferred (quar.)
19-20
V
11-
$33.25
$28.50
(quar.)-_
Jfale & Towne Mfg.
Yellow
11-15
50c
1
1
9-28
11-15
58V3c
-
preferred
Wurlitzer
10-15
12-
7%
246
Time
preferred (quar.)——_
Wrisley (A. B.), 6%
9-15
1
10-
9-30
■
Wright-Hargreaves Mines (quar:)„———
Wrigley (Wm.) Jr., Co., common.,:.—T—
& Mfrs.—
United Merchants
Pacific
1011-
+
Real estate loans
+
25c
V
,i
preferred A (accum.)__
6% preferred B (accum.)—
9-15
50c
____
United
1
9-20
$l3/4
(quar.),—.
common
(quar.)
1,085
—
securities
-50c
Co.—
Lothrop,
2,491
+
9-15
10-1
9-16-42
:
+
10,856
_j__
Other loans for
1
9-
10-
25c
—
—
9-20
C. 9-30
15c
(quar.)
1
10-1
investments—total,
and
10c
1—
7%
9-15
10-
10-
9-8-43
9-15-43'
y
______
Worthington Pump & Machinery Corp.—
9-11
1
58V3C
preferred (monthly)
(monthly)
preferred (monthly
6.36% preferred (monthly)
6%
preferred (monthly)
N.
1
10-
53c
,
prior
preferred
10-
50c
—
prior preferred
5%
9-23
58 V3 c
;
6.36%
United
10-15
53c
—
—
preferred
9-25
58V3C
prior preferred (monthly)
prior preferred (monthly)—
5%
1
&
preferred
7%
-'' +
(Del.)—
preferred (monthly)
7% prior preferred (monthly)__;
6.36% preferred (monthly)
7%
10-
Iron
10-19
Co.
Petroleum
9-20
10-
$1.50
i
:
—J—
—
.
Commercial, industrial/ and agricultural :
loans
L_.
:i
'.k 6,011
Loans to brokers and dealers in securities
1,691
•
1
Woodward
10-19v
1
50c
Railways Co.
6%
6%
1
11-
Sl3%
.
1
11-
50c
(quar.)i
—
Woodward
9-10
10-
15c
preferred (monthly) —
6.36%. preferred
.(monthly) ___
7%
Extra
9-15
t75c
7%
6%
9-24
1
1
M
'
'
r
Loans—total
10-1
10-
Sl3/^
,
(quar.)
preferred (1897)
dollars)
49,393
Loans
9-15
-.9-11"
$1v
.
.
1
10-15
$lVa
•
.
(quar.)—
Electric Power Co.—
Wiser Oil Co.
10c
Co.:
United Light &
6%
Woodley
preferred (accum.)
United
1
7
10-
75c
(quar.>_—__—
Dyewood, 7%
United
7
9-
9-29
75c
'
(quar. )_
9-
10-
$2
——
Co.
Carbon
10-1
$ 1 ¥2
(quar.)———_
(quar.)——,
preferred
7%
Co.,
Assets—'
9-15
1
10-
$l3/4
7%
9-20*
9-30
50c
Co.
10-
•
9-18
1
T (In millions of
Increase ( + ) or
10-. 1
'
9-.3
Class
U.
(quar.)i
1
10-
*
"
,
Decrease (—) Since
(quar.).
1
50c
(quarterlyi
United Fuel Investments, Ltd.—
6% class A preference (quar.)—
United Prill & Tool, class A (quar.)_
,
preferred
Ltd.
10-
United
$5
6%
10-
Union Twist Drill Co.
U.
common
,9-11.
■"
75c '<
J25c
Wilson Line,. Inc.,_v——————1—
-J*Sl„,
Winn & Lovett Grocery class A (quar.)—
50c
:
Glass :B \ —_L—
—u'—
"
" 25c ;
9-15
9-30
Co.,
»;
preferred
Wilsil
11-10
9-30
37V2C
!
9-24
.
11-15
'
———
9-14
1
S1V2
"
—
preferred .(s-a)
4%
I
10-
40c
(Dallas)
common
9-10
9-21
10c
Pacific RR.,
Union
1
1
75c
preferred
10-
10-
Wheeling Steel Corp.—
$5 convertible' prior preferred
preferred (quar.)
.Winstead Hosiery, common
Extra'
-2—.——
7.6 %
(quar.)
; $1V4
(quar.),,——' .;';y $1
9-21
Investment Co.,
Union
9- 4
9-21
(quar,)
Carbide & Carbon———*
Union
1
1
1
7%
9-15
1
10-
10-
-1
1
(George)
re¬
porting member banks, and of debits to demand deposit
accounts, follows:^:;.:
9-24.
|20c
(quar.).,v0 .+ $l,/2>\
preferred
6%
10-
SI Va
—
10-
—wy% 2.5c <•'
(quar.)
Ltd.
10-
"
—
Underwood-Elliott-Fisher
'
Water,
Weston
tsi
pfd: (quar:)--,-'.
convertible preferred (quar.)
208 South La Salle St. (quar.)„—
'
Inc.
Westmoreland
42 a/3 c
I
$1V2
•
Westmoreland
1
f$1.25
(irregular)
Common
1
9-
the principal assets and liabilities of
A summary of
of Rec.
10-15
50c
_
58 Va c
(quar.)
Century-Fox Film Corp.—
+.+:"■
Twentieth
9-
1
—,.V
(quar.)
(quar.)
Trinity Universal Insurance
1
10-
—-
-
Tri-Coutinental Corp., 6%'
10-
.
6%' pfd. A (quar.)
Corp..
Traders Finance
Telegraph,
Union
tlVzC
(quarterly)
Co.
Torrington
Corp.
Trusts
Mortgage Co.
Western
Holderi
Payable
50c
preferred (monthly)—.—1
preferred (monthly)—.——
5%
-9-15
When
••
.
Name of Company
.
t$1.75
Tip-Top Tailors, Ltd., common (quar.)_.
7 %. preferred (quarterly)
■+---Toledo Edison Co., 7% pfd. (monthly)—
6%
Per
of Bsc.
5c
(irregular),—
Co.
Tintic Standard Mining
,
Payable
9-30
thare
Company
Holder•
When
Per
Name of
September 27, 1943
THE.COMMERCIAL & FINANCIAL CHRONICLE
-
1248
■rr,
Volume
Number 4215
158
^ ...y
;
,
THE COMMERCIAL & FINANCIAL' CHRONICLE
Stock and Bond Sales
DAILY
NOTICE
\:y
Mew York Stock
«»
WEEKLY
-
1249
Exchange
YEARLY
-
deferred delivery sales are disregarded In the day's range, unless they are the only transactions of the
day. No account la taken of such sales In
computing
Casb and
It.*:*
.+•**$.
qartjJS&t W"i'
>UjfiWO**?
K-V-»'
v
the range for the
year.
jp,-.-
V
United States Government Securities
Below
furnish
we
the New York Stock
on
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage
Corporation
Figures after decimal point represent one or more 32d of a point. (See note
below).
a
coupon
Stock Exchange during the current week.
Sept. 18
Daily Record of U. S. Bond Prices
Treasury 'ft
4%s, 1947-52
Sept. 20
Sept. 21
Sept. 22
Sept. 23
Sept. 24
Daily
[High
\ Low
Record
of
(J.
Treasury
2Vas,
S.
Bond
Prices
v
{
48, 1944-54
•
;
Total
sales
103.29
103.30
103.29
3
units
in $1,000
$1,000 units
ftftft'ft''
1963-1968—
103.29
2%s,
Sept. 21
Sept. 22
the New York
Sept. 23
Sept. 24
Low
[Close
Total sales in
103.30
103.30
[High
\ Low
[Close
Sept. 20
on
(High
1962-67
[Close
Total sales In $1,000 units——
Sept. 18
bonds
(High
Low
•
ftftftft:'-'[Close
5
Total sales
In
$1,000
units
-i
'
(High
Low
2%S,
(High
1964-1969
Close
Total
sales
in
$1,000 units
Total sales
100.8
100.8
T00.8
100.8
100.8
100.8
100.8
100.8
100.8
13
12
1
3
Total sales in $1,000 units
units
j
Total sales
Low
[close
y/;
,
*3
[High
2yas, 1967-72
,
100.22
100.22
1
ft;.-ft'ftftftft
100.8
100.8
{Close
in $1,000
100.8
100.22
100.1
100.1
Close
( High
j Low
3%s, 1943-45
100.1
Low
•
in
$1,000 units
{High
3%s, 1944-46
•
Low
j High
Low
2%s, 1951-53—
{
Close
[Close
Total sales In $1,000 units————
(High
3
Vis, 1946-49
in
Total
units
ft;'ft;ftft;ft:.ft'ftftftft\
(High
:ftftftft
Close
Low
105.29
ft
1
Total
sales
in
$1,000
units
fHigb
—j Low
ftft^ftftiftftV-'-ftftftftft
-
$1,000
2%s, 1952-55
105.29
$1,000 units
3 V«8. 1949-52
"
In
•
[Close
Total sales
<
105.29
—J Low
Total sales
-ft"
sales
In
V'-f High
2y48, 1954-56—
———Low
-
[Close
Close
$1,000 units
Total sales
in
$1,000 units
[Hign
*
3s, 1946-48
{High
{ Low
[Close
2s,
Low
[Close
Total sales
(High
3s, 1951-55
1947
.
Total sales in $1,000 units——
'ft-ft'-*
Low
in $1,000 units
/Vftftftft'ftftftft''ftft?"ftftft ft
2s, March
(High
1948-50
{
Close
Total sales in $1,000
units
Total sales
In $1,000
High
2%s, 1955-60——
-■
2a, Dec. 1948-50———4
Total sales
in $1,000
[High
•{ Low
[Close
Total sales in $1,000 units
Total sales
[High
\ Low
107.7
[Close
sales in $1,000
{High
2s, June, 1949-51
[Close
Total
units
ft-
j Low
2%s, 1948-51
in
$1,000 units
107.7
107.7
units
(High
2s,
Sept.,
1949-1951
■(
In
$1,000 units.
(High
Total
(High
1 Low
'
,
2s, Dec.,
1949-1951
.-j Low
[Close
[Close
sales in $1,000 units
Total
*
sales in $1,000 units
xy:
| High
High
Low
2%8, 1956-59
2s, March,
1950-1952-
[Close
Total
sales In
[ Hign
{High
Low
[Close
Total sales in $1,000 units—..
ft
j Low
2s,
[Close
In
Close
Total sales in $1,000 units.
Wftftft
sales
Low
ft
$1,000 units
2%S, 1958-63
Total
$1,000 units
Sept.,
1950-1952
2%«, 1960-65
Low
23,
Total
'
(High
————j Low
sales
in
$1,000 units
:
{High
2s
1953-55——-
[Close
sales In
-_{ Low
[Close
-.
•
if
$1,000 units
Total
sales
in
$1,000 units
{High
2*1,
1948
'•
] Low
,ft:;'■■■■
,
l%s
[High
1948
[Close
j
-
-
,
Total
sales in
$1,000 units
Total
(High
2*s, 1949-53
\
Total
sales in
Federal Farm
107.2
107.2
$1,000 units
3%S,
107.19
[Close
107.19
Total
4
Home
[Close
"Odd
Total sales in $1,000 units
NEW YORK STOCK
LOW AND
Monday
"58
*47
59
116
49
59
59%
*114*
49
SALE
•ft':
59%
60
116
*49Va
50
S per share
*59*
.
60
*114*
'.ft-':-'
116
*49
50
57'/a
57 Va
*56%
57 Va
57
57
11%
11%
11 Va
56*
11%
56*
11%
12
11%
12
30'/a
30
*29%
30
30
19
19
Xl9 Va
19%
*19%
42%
43%
43%
43%
43%
*72
6%
*104
2%
74
30
*72
6Va
74
6%
6% '
108
*104*
108
3
2%
3
*72
6%
*104
2%
Va'
43*
6*
6%
105 V2
*104
2%
*59
*114*
S per
60
*59
116
*49
*114*
50
share
Shares
60
116
70
*56%
56%
56%
56%
11%
11%
11 Va
22.000
*29%.<: 30%
*29%
30%
200
*19
19%
19Va
1,500
ft'ftft5,400
44%
43
43%
43
43Va
74
.
4%
71
72*
72*
72%
6*
105*
2%
2%
6%
*105
7
6%
105*
2% ft
*105
7
;
.
Adams
29%
28*
2%
29
2%
27%
29%
28*
28 Va
30%
29%
28%
31%
27%
28%
30
29%
31 Va
27
43%
28 Va
70 Va
152
*13%
26 V2
152%
14 Va
27
10%
155
10*
155 Va
*13%
26
V2
14
26%
42*
42*
28
28%
*70*
10%
10%
154*
154*
*13%
26%
27
16%
16*
94
94
38%
39%
39*
39%
39
23
22%
23%
23%
23%* '
10 Va
♦10%
10*
1,300
16%
95
153
153
1,700
Allied
200
Allied
*13%
27
26%
26%
16%
15%
16 Va
*94Va
$2.50 prior
18,300
93*
94
94
38%
38%
38%
94%
38%
23%
—No
23%
23%
23%
2.600
2Ve
2,800
2
28
83
33
32%
70%
68*
2Va
'2
*27
2 Va
28
82*
82%
32%
32
32%
70
66%
67*
*2
*26%
82Va
28% *
400
2,700
32
3,000
32
65
300
83%
67
5,000
conv
Chemical
5%
Alpha
5VaJan
2
5'/a Jan
2
.
No par
100
1
-ft Jan 11
13
Mfg
Portland Cem
6%conv preferred
Amerada Petro Corp
GM1
Inc.—
24
Jan
15
7
16% Jan
4
6% Jan
2
10% Jan
8
No
par
73% Jan
7
—No
par
26% Jan
7
17% Jan
7
1
% Jan
13
50
No
24
64
9
13% Jan
20
No par
3% July 14
31% Sep
31* Sep
45
19
par
6
15
31 % July
2
75
May 26
Jan
Amalgam Leather Co Inc
Jun
11
140* Jan
No
7% Apr
105
11
100
:
Apr
7
32Va July 13
Jan
par
5
No
13
18ye Jan
No par
Corp
preferred
^hem
7
25
100
Dye
Stores
»«"•«'
Jan
par
100
preferred-No par
&
American Airlines
3% Jan
85
war
Kid Co
Allls-Chalmers
'
Jan
6
•
war
Allied Mills Co Inc
Allied
9,800
23'/a
82 Va
10
100
Alghny Lud Stl Corp
Alleg & West Ry 6% gtd
6,600
16%
39%
28
1259.
13%
27%
16%
23%
2%
page
13%
26%
•
93*
28*
see
14
38%
ft
Min
Allen Industries Inc
153*
153
14
82%
footnotes
44,100
*10%
28 Va
For
Gold
10%
82%
^£9
Juneau
10
2*
69%
3
3,100
82%
69%
76% Sep
5,200
28 Va
69 V4
28
72
82
69
67
Vicksburg Ry Co
28
28 Va
33
100
29*
61
45
82
33
1
27%
28 V4
33
48% Jun
*70*
*27
33
8
72
2%
33
38% Jan
28
2 Va
2 Va
par
Inc
44
2
82
No
Reduction
27*
15%
39%
22%
16
*94%
10
42%
26*
ft
16 Va
95
16%
*92 Va
21% Mar 30
*70*
155
18
8
72
*13%
57 Va Sep
7% Jan
43
154
14
28
14% Jan
28
10%
3
Jun
25% Feb
27%
•
5
50
10
42%
ft,
41 % Jan
114Va Sep
May
104
Mar
31
May
39
Sep,
5* Apr
par
*70*
72
23
x67
Jan
14
par
23
Jan
2
10
-52
Jan
27
July 24
11* Jun
165
4
July 15y
14% May 17
28% Sep
7
16* Sep 18
96* Sep 15
43% July 10
23% Sep
21
2% July 22
28% Sep 21
86% Jun
7
34
Sep 13
76% July 8
$ per share
37
par
Albany & Susq RR Co
Allegheny Corp
5* % pf A with $30
5* % pf A without
13,800
3
Express
Feb 23
35% Jan
63% Mar 12
No
Alaska
42,200
29
43 Va
25
,
Highest
I per share
Air
26,200
29*
CO
s110
4
$ per share
No
Ala &
105'/a
28%
100
No par
51% Jan
Year 1942
Lowest
Adams-Mills-Corp
Address-Mutigr Corp
60
43
preferred
Acme Steel
I per share
No par
Abraham & Straus
400
11%
Par
Abbott Laboratories
—
50
*49
19%
Range for Previous
Range Since January 1
Lowest
Highest
i
-
500
19%
19
*72
t per share
30%
*29%
19%
44%,;;
74
ft
RECORD
EXCHANGE
29
70*
1
NEW YORK STOCK
29%
27%
101.10
lot sales.
Sales for
44
10 Va
101.10
$1,000 units
the Week
29
71*
in
Friday
43 Va
27 Va
101.10
Low
[Close
Sept. 24
.
Sept. 23
23 %
*70'/a
<
STOCKS
Thursday
29 Va
*10
$1,000 units
Loan
sales
PRICES
Wednesday
Sept. 22
* per share
*114*
116
49
HIGH
Tuesday
Sept. 21
$ per share
Low
[Close
in
1*8, 1945-1947
( Low
Sept. 20
]
sales
Owners
Total
ft/ft (High
*114*
"(High
[High
units
2*8, 1956-58
per share
ft:
3s, series A, 1944-1952
[Close
S
Mortgage
1944-1964
3s, 1944-1949
(High
{ Low
2*8, 1952-54
Saturday
units*
107.19
Total sales in $1,000 units
Sept. 18
$1,000
Low
[Close
- -
'
{High
Total sales In $1,000
in
2
—-{ Low
2*8. 1950-52—
sales
107.2
Low
[Close
—
N
Low
[ Close
Total sales in $1,000 units
Total
100.16'
100.16
ft 2 ft
[High
J
1951-55
Close
1945
100.16
j
(High
2*8,
Low
[Close
Total sales
3
2%8, 1951-54
ftft
Low
[Close
sales In $1,000 units
2%s, 1945-47
units
(High
Low
Close
Total
low
(close
51*
Dec
43
Jan
48%
Jan
8»/8
Nov
18% Jun
,
26%
16%
Dec
Mar
Apr
41%
Dec
Jan
Apr
Apr
Jun
16
May
57V» Nov
3% Apr
118* Apr
10
May %
11% Apr
4
Apr
64
July
22
Apr
'14% Apr
ii Aug
11
Dec
43
Mar
18% Jun
25% Apr
Dec
69
Oct
4
Jan
1% Mar
69* July
A
3*
3*
9%
Dec
113
'Nov
94%
*
ft
Feb
Oct
6% Nov.
■
6%
Nov
17
Jan
22%
Jan
73%
Feb
7%
Dec
149
12 V8
Jan
Jan
16%
Nov
6%
Nov
81
Jan
30Vb
Jan
19%
Nov
1 Va
Jan
18%
Jan
70*
Oct
24
Nov
58*
D°C
\ '
"H
Monday, September 27, 1943
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1250
RECORD
NEW YORK STOCK
v:<
Sept. JJO
$
$
per share
16%
*56 74
57%
8
v"" 35
357a
16%
16%
1774
*5674
57%
*5674
57%'
133
774
7%
7%
88 74
88 74
89%
89 %
89
18074
179%
179%
1793 V
38
38%
39
7174
72%
72%
72%
23
2374
23%
23%
11574
*114
;108
*20
,
23
11
10%
10%
11
15
■A *14%
15:
*1474
10%
15
15
100
100
274
2%
874
*874
26%
26%
67 a
574
76%
76%
7774
76%
7674
20%
2074
2074
20
20%
2074
21%
20%
£5:
'
6
'76%
78
78
2174
>20%
*2%
"8%
V
"
74"
78
77;
*2574
9 -
26%
638
6
674
•V. 6
7074":
70
34
34%-
4
68'
68
35 *•
34%
34%
c? 3%
; 3%
3%
40%
*38%
407s
*67%
6874
68%
*474
4%
4%
874
674
81
1474
147 a
6 74
6 74
6
44%
44%
4474
44 Va
<■*44
1374
1374
12 Vs
1374
12%
13
13%
80%
8074
X7874
79%
7774
77%
■8074
80%
14%
y%y. 14%
1474
1474
14%
14%
1474
14%
"8%
874
874
874
874
800
2374
2,100
137s
;•■
T
■
;».
'3474
44 74'
42%
441
4074
41
39%
4274
1374
*1374
14
6874
.
*
1354
1374
14
14
13%
16
16
16
1674
163B
1638
28%
28%
28
28
277a
2774
407 a
41
*
40%
15974
158
41 vs
15974
41%
;v 4i
41
145
14874
*145
< 148 74"
*145
2474
24%
25
15%
1574"
15%
'1574
1774
1774
*17v8
1774
155%
16 y4
1674
*16
27%
2774
28
4074
40
40
157
157
*143 74
1 46 74
*143%
2474
2474
15
15
15
1774
17%
600
American
2874
2874 V:;
800
American Sugar
'17%
1774
*1774
1774
*2774
2874
28%
2874
*112%
'
11374
30 V2
1557 a
6074
6074
6074
60%
10%
1074
10%
48%
48%
%
146
10%
497i»
j;
'
10%
49
107u
48
'6074
49 74
•:>,
14674
49'
11774
11734
*116%
11774
11774
1177 a
7%
7%
7%
774
774
7%
86%
*84%
86%
86 ;
86 7:,
86 V2
86%
6%
6%
*674
6%
6%
674
7474
74'V
74%
5%
57a
':-'"*574
*84"
67«
6%
5%
5%
\;T:,.;
74%
5%
5%
"
74:%
"■•
46
48
44
44
45%
25%
26%
26%
26 3 4
V 26
2674
2534
20
25%
26
2614
26%
"28
26 %
26%
263a
2174
22
22%
*21%
22%
*22
1135«
113%
*114
2174
*113%
674
6 74
75
83
83
39
39%
•10
•
2%
178
47%
9
74%
6%
63a
'
74%
75
*8274
83
*82%
39%
407V
*9%
39
10%
,
978
*9%
9%.
938
*105
110
*105
110
'
•
>v
674
74%
84
*82 74
39%
5.000
10
10
*105
153a
1474
15%
145a
1474
14%
14%
95
957 a
94
947a
94
90
80
90
*105%
3914:'
39%
106
■
.
a
41
*105%
3074
30%
31
29%
29%
29%
29%
59
59
60
60
265 a
27
26%
277a
122
*10%
7
89
87%
88
88
8874
1,300
30%
29%
30%
29%
29%
2974
29%
7,000
2874
29
28%
2874
2874
28%
28 74
29
2.700
70
4%
64
64%
125
12
*11
7Va =
*55 7 a
56%
74
*122
12
11%
7%
70%
70%
72 V>
47-4
4%
17%
1674
7%
7%
*11
77a
737a
767V
474
1774
*122
7%
.
7374
474
63%
%
774
26%
2774
112
112
11%
11%
*56
56%
64 74
647a
'
125
122
*11
12
7%
7%
74
74
474
47a
474
16 54
1774
16%
774
774
774
474'
■
600
60
60
60 74
*60
60%
'
267a
*111
12
*56
6474
60
:
27%
111
11%
5678
7
T
60%
26%
111
125
*1078
12
120
88
*60
1274
64
122
•
112
56 v8
107%
3074
3012
*122
*106%
88
8774
64
5%
10674
108
10,800
% 88
56%
Assoc
61%
88
64
200
60%
62%
*56
41
*3874
6174
88
12
•
310
:
94
■
4,600
1474
6074
61%
111
;
400
preferred——
Associated Dry Goods
'+6% 1st preferred
nc;c 2d preferred
6174
87%
12 Va
106
41
26%
2674
27 %
6,900
112%
*111%
112 "2
160
1174
11%
12
80
122
*11
75%
*73
4.74
4,000
580
76
4
.
Atch
4
preferred
%
Atlantic Coast Line RR
Atl G & W 1 SS Lines
preferred
preferred
5Vo
Jan 5
1C0
Jan 4
4474 Jan 7
66
Jan 2
2674 Jan 13
19
Jan 8
29
—__100
100
100
;
Topeka & Santa Fe
5%
—1
100
100
No par
Investment Co
100
1
44
100
:
+4%
conv
$5
———No par
Corp of Dei (The)
3
prior A
Aviation
4 Ye
19,100
1674
1654
9,600
Baldwin Loco
774
7 74
8,700
Baltimore
4
5074 Jan 14
Jan 9
Jan 12
Jan 7
Jan 21
2874 Jan 5
374 Jan 2
52
113
7%
274
No par
No par
Nichols—^
Austin
Jan
1874 Jan 7
106
Mar 16
6 74 Jan 4
_25
—100
Atlas
Corp
5
6%
preferred
—50
tAtlas Powder_vL_:———No par
75'V conv preferred——100
Refining—
pref series A
Atlantic
4974
Dec
Dec
,
Dec
2
Jan
Jan
42 74
Jun
Dec
87a
35
Oct
3%
Sep
36 74
Oct
X36T4
Apr
56
Dec
174
Jan
2
May
37
Dec
25
Mar
Jan
274
Feb ,2
Apr
57a Nov
47 a
,
Oct
7
Jan
40% Nov
3574 Mar
6%
1
4
7
7
Jun
10%
Jan
974
Apr
12%
Dec
7
4
774 NoV(
23% Mar
May
A16
11374
Apr
Feb
Feb
119
2174 May
2674
Jan
74 Mar
30
10
n
Jan
Apr
26% Jan
12%
Apr
22
3%
Apr
142%
Jun
1574
5274
59%
Oct
974
Nov
14%
Feb
Dec
29
Oct
3674
Jun
Jan
774
Nov
Mar
144
Jun
97a
Jan
43
148%
Apr
167a
Jan
35%
May
35% May
13274 May
136 74
Jan
12
4% Mar
24
Jan •
165
Apr
67<4
Jan
Nov
6%
'4
974 May
';
Jan
Nov
2174
Feb
12
12
Oct
,
Mar
21%
Jan
7874 Mar
9774
Jan
23
Aug
15
1774
Jan
10174
Apr
13474
Jan
Apr
4974
Jan
5074
Jan
3374
3474
Apr
120
-
Nov
Dec
C
.
116% Jan
108% May
174
Jan
774
33%
Apr
Apr
39
70%
Dec
3%
767a
Jun
24
30
Dec
116 Mar 18
1474 Apr 7
4 % 3 74 Feb 27
47% Sep 23
11274 Mar 12
634 Sep 20
75
Sep 18
83
Sep 17
40% Jun 5
10% Jun 26
1074 Jun 5
105 July 23
1 574 Jun 28
9774 July 21
; 9474 July 22
39% Sep 20
106% Sep 23
6774 July 24
9074 July 22
38
May 26
347V July 22
GO74 Sep 22
2 8 74 May 27
113% Sep 13
1374 May 29
56% July 9
6874 July 14
123
Jun 24
13 74 Jun 4
93-b Aug 4
8574 Aug 4
674 Apr 8
107
May
774 May
1
Dec
1117a Mar
474
Sep
Jan
74
Feb
Sep
67
Oct
66
Jan
42
33 74
74
40
Oct
174 July
36
Sep
274
Jan
12 74
Apr
102
Jan
4
17
112% Mar
•
Mar
2774
Jan
2874 Jan
1274 Mar
A
Jan
50
22% May
8
Jan
5%
Apr
387a
Feb
574 Jan
Dec
5174
Nov
4
Apr
Aug
3%
;
14374
Apr
374
22
May 4
3174 Apr.
Jan 7
Feb 27
Jan 4
Jan 11
Jan 7
Dec
Jan
2 74 May
29% Apr 7
2374 July 15
47o
92
674
7 2 74
59
7% Nov
25%
Jan
32%
2
,__T_^No par
!
100
Atlas Tack Corp
V:
774
774
7%
1,230
64 %
122
12 •:-'•/
200
56
63
6474
11,100
12
56
5674
125
Corp_„
Corp„—
7%
60%
62 Va
112
*3874
V
Constable
Artlcom
Nov
2574
4
5
No par
——5
Nov
3
.1%
24
Jan
1674 Jan
.100
Dec
1674
'
Jan
10 %
247s Jan
No par
100 %
May
Jun
5474 Mar 30
1% Jan
5
34
Jan 11
10874 Jan 2
3
Jan
2
46
Jan 2
49
Jan 20
30
Jan 2
674 Jan 9
Jan
1874
4274 Jan 11
lll74Jan 20
10V8jan 13
Dec
2274
32
7 9 74 July 21
7 % Apr 7
No par
20
—5
Oct
774
3% May
5
2
No par
preferred^—
Armstrong Cork Co.._
90
:
V
90
9174
V
92
Jan
16%
May. 6
9
20%
Dec
74
55 74 Jan
4
Jan
(Del) pf 7% gtd—100
Arnold
62;
61%
12
*38%
•
41
94
*89
89
*105%
106
*38 7
% 617a
112
89
;
•
:
18
8874 July 6
8% July 16
of Illinois——5
preferred
Dec
Jan
774 Mar
7
2
& Co
$6 conv prior
Mar
A
5
Armour & Co
700
110
.
14%
94
,
W Paper
300
>
974
*974
9%
110
*105
110
3974
974
•
9%
9 %
50
P
Armour
2,000
:
3974
*974
9%
7474
8274
9574
*105%
600
8274
15 Vs
90
Co Inc.
Archer Daniels Midl'd
21,600
8
84
39
40
D
74:
747a
75
95%
39%
A
100
95%
*8874
preferred
Copper Mining—
Andes
100
6
15%
106
100
4774
*46
95%
*38
.
*l7a
477 b
1574
*88 7-4
1174
274
*1054
17 'a
o74
4774
97a
*105
•
Hock Glass Corp
$5 div
10
'U-a.'
1117*
"
%
Anchor
Mar
14
—50
Anaconda W & Cable
400
110
103
'
374 May
No par
12.50
Mining
Anaconda Copper
370
2274
.
'
9%
1174
11%
*l7a
18,000
2674
:'V-
;.
115 77
*11
*1038
274
47%
10% :,107V
110
*105
2274
*2134
1174
*111,7,
40%
39%
10%
*26
May
15
25
preferred
S5 prior conv
May
69;
.-1
Lead & Smelt
Jan
16
374 Jan
5334 Jan
3% Jan
100
Preferred
Amer Zinc
300
26
255a
2674
1137V
1,900
48
2674
105a
4614
85
<
115
'
*82 %
2,400
.
i.
Wks & EIec_—No par V
preferred—
No par
American Woolen.
JNo par )
1,600
574
574
*45
48
*22
*
6%
v
7374
-
•
*267-8
2274
111 iV
63a
;
5%
25 34
llliVt
75
„
:
4674
"74%.
74
*9%
2%
111%
6v4
%v
'
.
*1%
<
46
46
*111,7o
11174
*
'
10%
*1%
2%
46
46
*llliT«
4574
V"
114
10%
1174
*1%
;■
*113%
114
*10%
•'
674
73^4
74
■
574
'•
*45
46'
*45
■
74
•
57a
65 a
674
65a
11574 Jan%8
100
1st
$6
17% Jan 14
91
Jan 5
43% Jan
2
1 29 74 Jan 2
674 Jan 14
32
Jan 6
;
Water
Am
300
6
21% Jan 14
2
4 2 74 Jan 2
;
V'V-/V.V:
9,900
88
*85
88
*85
2
1
127% Jan
100
Tobacco
2
•
No par
preferred
5%
500
I:
774
774
7%
7 7a
774
'77a
'
a.:
74
74
737a
'
4,800
<
11874 11874
r>1197a
*118
2,500
it
4874
47%
48%'% 487V
4974
690
10
10
100
——100
Telep & Teleg Co
6
5
1174 Mar 9
12
Jan r 2
25
Common class B—:
—25
V
+6% preferred
—1Q0
4 Amer Type Foundries Inc—
«10
American Viscose Corp
;..14
3,100
146
1457%
10
v.
Refining4
Tobacco
Sumatra
Amer
American
1,000
5974 >
5974
1
-
10
119
118
146
„
1074
10"'
*
SQ
'
Co__^
Stove
Preferred
Am
300
6,600
59
.6034
146.
5974
6174
146"
62
617V
145
156
60 74
60 74
30%
15674
3074
307a
156
300
112%
11274
112%
*2974
6074
•
•
112%
*29772
30
15534
'HI-
American Stores——
24%
1474
11374
30
62 V2
Amer Steel
3,900
2474
1574
'
7374
6974 July 24
15% Apr 8
18
May 4
3274 Mar 23
47 74 Apr 1
161 Aug 18
45
Apr 3
151% Aug 31.
2974 May 29
15 74 May 4
1 774 July 15
33 Jun 2
115 Aug 31
3274 Aug 11
15874 July 22
6374 July 15
65% July 14
14674 July 23
127a July 1
4974 Sep 20
12174 Aug 2
2
35% Jan
No par
No par
No par
Foundries.
5,300
2474
15"
Jan
May
105
117b Jun 8
172
July 8
16% July 14
5
7
•
—100
preferred—-
6
50
Oct
May
27
4274 July 27
3
2
145 Feb
1974 Jan
25
American Snuff
400
r"'
14674
Jan
Feb
Jan
Jan
Jan.;
Jan
Jan
3774 Jan
144% Feb
Co——No par
No par
———100
tPreferred
280
146%
2
4
2
Dec
33
May 27
Sep 20
123 May
3574 July
474 May
4574 July
4
2
Dec
Apr
55 Va
May 5
2 7 74 Apr
4
3%
7474
Apr
20
1
6
1574 Jun
1074 Jun
Feb
176
46
Feb 23
1774 May 6
8 2 74 Sep 15
2
2
8
7
11
Jan
,9„ Jan
6 74
154
10 74
54
8%
1274
27
Smelting & Refg
Amer
4,700
4174
*41
41
41
4174
tAmer Ship Building
350
.
5 i
66%
2 ? ; 9%
5 % 774
1874 Jan
16% Jan
Safety Razor——18.50
American Seating Co.—
No par
2474
177a
*11274
14572 "ifi
15774
157
157
-
70
2
1
Jan
130%
,
Mar
4074 Jun 22
11674 Jan 29
x26
American
1,700
28
4074
15674
144%
1674
16%
28
41
155%
62
6134
145 74
600
*1374
15674
60%
5974
61
1,180
14
14
15674
156
67
67%
14
*41"
29
3074
156
5S 74
145%
29
67
67 J/4
1374
157a
1738
11374
*29%
2974
8.100
68
*1437^2
29
*112%
113
2974
1374
1374
774 Feb
20.74 Jan
—
13%
13%
156
,V;%
*
29
2874
*28
113
175
*172
175
*172
74% Sep
1274 Jan
—100
Power & Light—:
24%
% 15
-vV
10'A
27,500
14 74
774 Jan
100
preferred
No par
$5 preferred——
_No par
Am Rad & Stand San'y—.No par
Preferred
100;
American Rolling Mill
25
4Va% conv preferred
—100
8,600
10 74
27%
.
15874
"247a
%?%■
24
4074
10
*1674
.'y
145
4174"
*41
39 74
1074
40%
417a
158%
4074'
3974
15974
40
9%
1354
687a
6774
3974
137/a
;
"
"
4274
40 %
175
par
No par
No par
Co—
News
174
5674
,,159
May 10
9
367a Apr
4Va Apr
.:474 Jan
574 Jan
39% Jan
..
Apr
Oct
33
Apr
2974 May 18
2
2
Jan
37 74 Jan
<
23
8774 Jun 16
26
July 14
7877a Jun 17
$6
8,100
43%
6774
14%
•-1478
14%
67%
1474
68
4274
4374
*172'
175
*172
preferred—
Amer
4374
io:
10% %
10%
10%
173
*171
173
6774
""
10%
1074 :
10%
*171 * '
40%
s
Metals Co Ltd
6%
American
8,300
3
3
Amer
90
2
Jan
Nov
V 6 74
,
120
31
Aug
Oct
49
Apr
Jun 4
474 Jun 10
10
Apr 5
8
2
8
53% Jan > 7-
par
100
par
I
50
2
27
Jan
Jan
Jan
30
Feb 23
274 Jan '4
35
Jan 5
par
No par',;
No par
&;Metals
Amer Mach
140
3474
34%
3
.
39%
:
43%
"39%
41%
274
.
121
*120
3474
*3474
374
45
425a
"
44
121
6%nonrCum
;v.
600
,
674
•
2374
24
121
■
34%
3
374
74
3
*34 7a
35
"34%
9
24
121
121
8 74
8%
8%
8V4 V
2374
23%
2374
12174
374
3%
374
23
121
2374
122
34%
"9 "
9
974
*8%
*120
34 34
3%
.
674
4474
1474
23 Va
23
*34%
•
74
*6
63
65
*63
No
Ice__—
American
preferred—
Amer. Internat:Corp^.^_—_^_No
4,200
600 % American-Invest: Co of IilJ.
5% conv preferred
100
American Locomotive.;—No
26,500
:V/e preferred (new)
3,800
Amer Mach & Fdy Co.——_No
1,900
.%
63
6
15
5
22
4
1
26
46VeJan 12
7
Jan 6
39
Jan 6
,
—I V
American Home Products
-
.
1,400
474
674
'
12174
3,700
69%
474
474
474
300
40
69
69
68%
-
4%
1,900
8%
87 4
*6
"
974"
*8%
22%
*120
*38 74
2,800
374
874
*44
81
4074
■
Vi
K
34%
37 s
8
14
80%
14%
34%
3%
65%
"*
'45
8074
v
34%
*64
6 74
13%
1374
500
6574
87s
*44
44%
6874
*67
68
374
6974
47 B
"
1374
9,800
4%
'
*674
;
2074
"65%
6674
preferred
;
No par
$7 2d preferred A——No par
$6 preferred
—
No par-..
American Hawaiian SS Co
—10
American Hide & Leather..
1
'
6% conv preferred
50
;$7
6,500
1974
-
7674
For'n
&
Amer
11,000
574
No par •
Export Lines Inc——1 '
Power—
No par
European Sees
American
74
4
'
*44
.
6874
69
Amer
2,700
1574
174
674
24
1%
20
—1
Co__—.—
Encaustic Tiling
American
100
,
7674
*3874
39
39
4078
69
4%
8%
8%T
674
••
69
66
663e
6674
.
9
-
34%
37s
3%
3%
*38%
374
o 00
%
*67
69 *
'
400
274
26%
574
2474 Jan
64 74 Feb
18% Jan
109
Jan
96
Feb
1974 Feb
6% Jan
14
Aug
preferred^ui;-.-*..——..100 V' 9774 Jan
974
Jan
374 Mar
91% July 15
1857a July29
45% Jun 1
80
July 10
24% Apr 7
11674 July 23
11274 May 10
2474 May 20
11% May 6
187s Feb 25
104% Jun 2
9
Jan
& Fdy
1st
Distilling
6%
Ame-
•
'34%
34%
130
*874
6
574
6"
1,400
200
26%
2674
.
26
,
*2%
2%
9
26%
2674
'69
'70
7074
337a
*
26
"2%
2
400
101
*100
26%
26%
26%
26%
*1474
15
*8 7
9
'„...
1474;
11
.*10%
26
*25V2
140
23
101
*100
26 34
'
*8%"
15-V
15
3,600
107 V2
10774
173
$ per share
share
574
38%
974 May 4
.
2
No par
Preferred——
100
Am Chain & Cable Inc—No par
f5# conv preferred—100
tAmerican Chicle————No par
Am Coal Co of Aliegh Co N J—25
American Colortype Co-.,—
—10
American Crystal Sugar
10
115
*20
1074
.
2374
100
—
Car
American
'
2374
1
71 Va Jan
tPreferred
7074
7074
.
—100
American
7,700
2,000
3574
*114
*25%
*
2%
2%
■;.%
800
23
•10-
101
17974
3574
;*2%
26%
'
2%
9
*179
7074
*20
10%
101
101"
*100%
2,000
108
23
*20
"
100
'
*25%
26 34
2674
.10874
*1074
1474
2%
*114
*107
*20
:
36,800
conv
Cable & Radio Corp
Amer
874
.'87%
115
*107%
115
115
1087 a
108
23
-
*9974
*8%
%
108
70
133
874
2374
23%
*114
5 % %
4% Jan
27% Jan
1273a Jan
37a Jan 20
No par
Fdy__,
preferred
Brake Shoe &
Am
87
36
X70V4
7274
2374
108
23
*26
72%
23,74
*20
*107
11 V
7372
23%
*114
115
*114,;::
•
38%
72%
3,800
Corp
Bosch
American
2,000
*132
179
179
23%
y
774
preferred-
6%
120
.
.
.
3674
<8%
8774
x35 74
38%
38 74
.
132
874
180
180
180
38%
3774
..
89
.
58
-
$ per
$ per share
18 July 9
6074 Aug 4
4
9% Apr 8
2
4374 July 14
4 V134
Aug 18
—-10
50
—1
Range for Previous
Year 1942
Highest
J.V'
Lowest
Highest
Lowest
Note...
American Bank
3,900
-V
,
7%
8774
89
>" 87%
.
'•
$ per share
8% Jan 5
47
Jan 5
Par
,
v
„
3674
75 a
132
874
774
874
8
180
58
•3674
36
1327V
*132
132
132
"
.
5774
7%
774
;
•3574
3574
35%.
"
7%
7%
8
*7-M
35
35%
35%
17
17
57%
8%
*132
133
*132
16%
57%
57%
•
17
17
Shares
share
S per
share
'%•"■■•;
Range Since January I
STOCK
;;tVV EXCHANGE
the Week
Sept. 24
Sept. 23
S per
share
$ per
.
share
per
.
17
.;a;v 8
874
S
v•!' .;v" 'V"
STOCKS"
-
NEW YORK
for
Sales
Friday
Thursday
Sept. 22
Sept. 21
....
.
share
per
16%
1674
Tuesday
%
Monday
Saturday
Sept. 38
SALE PRICES
Wednesday
AND HIGH
LOW
-.;,
21
Jan
574 Mar
8
274
Dec
474
79
Apr
74
82
May
474 Apr
6174 Mar
Nov
Oct
July
674
J
Jan
77%
Jan
53
Jun
83
Jan
20
Jan
2874
Dec
8174
Jan
100%
Dec
27 74
Jan
53
Oct
6074
Jun
72%
1974
Jun
34%
Oct
1674
Jun
34
Jan
Mar
45%
Jan
1474 Apr
9974 July
23%
Jan
33
>
Oct
109%
Feb
6%
Sep
7
Jan
46%
Apr
51
Dec
Jan
43
May
70
111
May
116
7
Apr
974
Apr
3%
174
31
15%
Apr
274 Jun
Jan
Jan
Dec
Dec
474 Jan
i
B
17
7
17%;
7%
1774
774'
■
1074
10%
17
7%
1074
11
4.900
4cfr
11
11%
1174
11%
10%
11
1074
10%
11
10%
11
10%
11
10%
1074
10%
107-2
1074
1074
3,500
Bangor
10%
56
55%
58
5674
58
5674
56
567a
57
58'%
1,300
Conv
53
56
24%
2474
24%
24%
25
2474
25%
2474
255a
2574
25%
12,000
147a
14%
145-8
*1474
14%
2,900
24%
13%
*43
•
•
14
14%
14%
15%
46
47
4674
46%
*4574
4674
*45%
4674
*4574
4674
1874
17%
1874
177 a
1774
17%
8,000
167s
16 %
1674
5,500
2774
*27 %
27%
800
Bayuk
300
1774
16%
17
1674
16%
16%
16%
27
27%
27%
27%
*2774
27%
2774
.17%
17%
110
11%
*
32%
113
12%
1.'.
327
*31
I
113
*108
33%
*32
1037 a
*103%
109
109
110
108 Va
12%
12
32%'
10374
*10374
103%
*100%
3374
*33
33%
*103%
37
109
33
103 %
109
33
*103%
10974
12%
12%
1374
1372
32%
12%
*31
3174
3174
*3174
113
*108
■
.
*10374
*108
1074
113
*108
1074
11
3374
*32%
*10374
109%
*108
11
10%
10%
10%
10%
13%
13%
14
1378
14
1374
1374
1374
35%
36
36
3674
35%
36%
16%
17
17
1674
55%
5574
55 7 2
*54%
37%
36%
36%
*37,
1(?%
37 %'
367 V
36%'
17%
17
17%
1674
55%
*54%
16
15%
16
15%
16
59l
59%
60
60%
li
4%
For
116%
117
118
*
footnotes see page 1259.
6074
117
.
37%
1674
60%
117%
37
10
—
1574
5974
117
16%
6074
117
112
1174
•
1,800
Iron
Bath
Creamery
t$5 preferred w w
16
Belding-Hemingway
Aircraft
Bell
17
16 3
16%
3,400
Beneficial
56
*55%
56
600
Pr
36 54
3774
*36%
37
600
Best
16
9,000
Best
59
10,200
5974
15%
587a
11774
11774
r.i.
3,400
23 % Jan 7
2474 Jan 16
2574 Jan 25
Bendix
16
Feb
Jan 13
Jan 4
Jan 2
Jan 7
1
6,700
117
2
6
9
—50
Aircraft
Beech
3,000
1574
Jan
20
No par
1
5
No par
pfd $2.50 div series '38-No par
& Co——
No 'par
Indus
Loan
Foods
Steel (Del)
preferred—
Bethlehem
7%
Corp
Aviation
—No par
No par
—
No-par
—100
93
Jan 25
974 Jan
4
12
Jan 2
3374 Aug 3
1374 Mar 17
54%
'22 74
/ 8%
55%
11074
Feb 23
Jan
Jan
7
5
,T«n
Jan
7
4
974
Jun
1474
Apr
7
254
Jun
474
Jan
Anr
8
474
Jun
7%
Jan
Apr
6%
Jan
10
2
Corp.,
preferred
36 74
5738
25
574 Jan
3474
12
574
30
12 74
13%
Jan
1974 May 27
2
2
tBeech Creek RR
.;
Beech-Nut Packing Co
$4.25
1374
11674
5
1
No par
1 074 Jan
374 Jan.
6
'an
10174 Jun 25
10574 Aug 12
11
Aug 3
35%
4
Works Corp
Cigars Inc
13%
4
Co—
Oil
No par
50
preferred
574%
Barnsdall
55%
55%'
3774
60
*11
1374
36
"30
20,500
32 74
14
*3174
32%
112
10974
1474
*10874
14
10%
36%
110
10374
13%
•
v
33%
103%
*10%
*53
100
Beatrice
17%
16%
27
*io0
Barker Brothers
14
16'4
■
50
Aroostook
Asphalt Corp
Barber
—13
—_100
inn
5%. preferred
46
27
*73
&
X1474
1774
1634
17%
Works v t c
& Ohio—
nrpfprrprt
*
12% Apr 29
v
4
5874 Sep 24
22
r
y
36
Jan
Dec
Apr
6%
Nov
2474 Aug
33%
2874 July 14
1574 Sep 21
4%
47
Sep 20
19
July 15
Dec
1374
6 Va Mar
Dec
874
Jan
1274
Dec
2074 Mar 22
Maw 27
12 Va
Jun
18 V8
Jan
X23V4
Nov
3374 July 19
20
26
Oct
105
Oct
X29
114
XllO
Mar 16
Sep
;
15 Va
103
Apr
'■
Apr
Mar
9
'
14
July 26
33% July 13
23%
Jun
64
30
Feb
Apr
11074
Jan
674 May
974
Dec
20% Mar 16
974 May
1774
Nov
6
28 % Mi.y
39%
Jan
974 May
% Mar
15%
Nov
114
Aug 28
11% July
397s Apr
1
17% Sep 20
5674 Jun.
5
3
38
July
17
Jun
28
fipt/o
Anr
0
121^ July 20
46
54
Sep
1774
Apr
2474
Jan
8V4
Dec
874
Dec
66%
Jan
49 Va May
105
July
121
Jan
'
Volume
Number 4215
-
THE COMMERCIAL & FINANCIAL CHRONICLE,
LOW
Saturday
Sept. IS
Monday
$ per share
37%
$
17 %
87/s
SALE
PRICES
Thursday
Sept. 23 tff
$ per share
$ per -sharp 1
'
17%
100
*97%
37%
17%
*
9
37%
17%
9
8%
t "",*17
17%
17%
*17
*97%
100
8%
15% >15%
15%
15%
;Al5%
15%'
15%
157/a
50 %
51%
51%
A150 %
/7k •
51
50
50
.5, *90
91%
51%
*90
91%
17%
*
A
15%
50
v.:
*90
15 Va 1
46%
46
47
47".
46%
47
32%
33%;
32%
32%
32%
32% r!
32%
32%
29 %
29%
;i'; 29%
29%
29 %
29%
V
29%
29%
29 %
35%
:;3%
x35%
35%
*:■% 35
35 A
35%
J,
35
35%
*3%
"4
35%
•
'
'<
3%
35% :
4 ; '
4
>
36
40
40
40
40%
40
40%
10
10%
10%
10%
10
10%
28%
28%
X28%
28%
28
28%
28
41 %
42%
.42%
43
42%
42%
*tt
%
*y
%
1
1
*1
36
*35
it
42%
*41%
::
36
42
-
%
'
A 1%
*
*42
*38%
40%
18%
18%
18%
18%
A 18%
18%
8%
8%
A A 8%
8%
Av.- 8%
8%
118%
118%
119%
51
16
40%
*38%
40%
40%
17%
*103%
51%
17%
■
t
,19%
8%
28
28
28%
108
*109
27%
108
13%
13%
4%
58
*51
28%
28%
w
-■
37
38
37%
t
■■
'
10%
10 Va
28 Ve
28 Va
3%
3%
*3%
3 %
14
V
14%
14%
72%
21%
28%
14%
*73%
74.
21%
:
28'A
*54%
p
A
27%
13%
7%
•
7
:
;
•
16%
*15%
22%
22%
32%
9%
3%
"
16
33
9%
45%
18%
58
33 Va;
28
v r' V-t
••
14%
tA
V
28%
14
22%
*32%
45
96%
963'4
*96%
96%
27%
27%
27%
119%
*7
119%
120%
'
32%
9%
9%
*43
/
45
■
*43
•8%
*7%
8%
43%
43 Va
*96%
28
4%
137
A
97
27%
121
137
32%
43%
4%
137
22
33
96 Va
*117%
120
*135%
138
49%
49%
48%
37%
37%
38 A
38%
38 A:
38%
37%
37%
49
49
103% a
103%
124
117%
118
4%
.
a:
37%
37%
•
103%
103%
103%
103
103%
103%
>
124%
124%
124%
124%
124%
123 %
124%
A
118
119
120
120
119
103
a
•
48%
13%
13%
14 Va
13%
137/a
18%
*18%
*■18%
18%
*18%
18%
18 Va
19%
193a
19%
18 Va
18%
■
2% t 2%
'
2 Va
2%
*2%
110%
*110%
110%
12% t
18%
;
12%
19%
19%
6
*5%
*112
38%
6
*119
38%
6%
*17%
18%
*18
20 Va
20%
21
,rJf
8%
14
18%
*18
18%
*20
21
106%
107
107
30%
31
48
47%
*108 )5«
109 Va
108%
108
7%
8%
7%
8
*30
•
14%
19
19
15%
15%
Va
17%
17%
18%
39
*38%
39%
53
*50%
14%
*13
*26
14%
*43%
7%
27%
84%
14%
*105 Va
45
15
107.
43
53
*14
16%
43
1%
15 '/a
*106
41
114
*114
39
39
108
*107
108
93
*92
93
53
*52%
53
*52 Va
41%
x40%
41%
'
'.37%
37%
155
115%
37%
27%
•
107
*106%
107 Va
27%
j27%
A 116
16%
23%
•114
16%
27%
117.
23%
106 Va
*27%
>115
39%
108
53%
37%
37%
37%
37
37%
*152
154
93
152
114%
*113%
66 Va
*65%
23
106 %
27%
*27
23
106%
27
93
Va
Va
*114*
*16%
116 Va
16%
12
13
12%
14'A
13%
14%
,
16%'
c
57c
80
38%
1,400
108
108 Va
10
93
4% %
No par
.
Cab
.
106%
*26%
Clev
100
22%
106%
23
*105%
27%
*26%
106%
32% Jan
,
27%
700
116%
*114
*16
16%
*16
16%
14
15%
.
700
6,730
14%
16
15%
16 Va
13
13%
15%
14%
22%
22%
16%
23
23
*23%
23%
23%
23 Va
23
23%
23%
23%
23%
*23
23%
23
23 %
22%
23
14%
;•
''
15%
*15
116%
16
18
7
4
15% Sep
15% Jan
37
Jan
6
15%
15%
17
1,900
i
23% V 23%
1,100
22%
1,400 i'
4%
Apr
Apr
Apr
36% Jan
%
2%
Jun
8% Nov
1%
'
Jun
2%
8%
Jun
23%
4%
-
Feb
2% Dec
Jan
Jan
Sep
7% Nov
5
12
1
33
Apr
47
July
15% Apr
30
8%
Jan
11% Nov
18
10
11 Va
Jun
13% Feb
2% Feb
4
Jun
3% May
13
8% Jun
13
39% July
33
100
123
Jan
53
130
Feb
Dec
S
20
May
2
Jan
92
84
50
50
-
Jan
23
Feb
6
37% Aug 3
3314 Jan 12
No par
142
No par
88
May 13
Jan
4
62% Jan
,
i.
40
153
67
Sep
99
Aug
Oct
34
Apr
Mar
11
4
4
2% Jan
2
15% Sep
3% Jan
2
18
Sep
3
Jan
2
17
Sep
15% Jan
15% Jan
6
24
24% July 14
2
24 Va July
14
Feb
Apr
10% May
24
100
97%
24
100
Jan
11 % Mar
112% Aug 26
19% Juy 14
<
Jan
56% Mar
55 Va
28% July 15
7
72
Dec
96
May
13 Va May
%
1
.
Mar
31%
Apr
May
% July
Dec
84% Mar
50
139
10
July 17
Jan
17% Jan
106
*100
Jun
T
44
May
Apr
25% Apr
24
14% Jan
No par
No par
125;
102, ^ Dec
77 Va May
24% Sep
109 %
Dec
39% Nov
112% Nov
470
103% Jan 12
Jun
3
32%
Sep 21
July 14
123
May
7
47
July 20
.1
16% Jan
No par
11
22
54
Sep 13
48% Mar 30
"
10% Aug
22
May
95% May
Aug 19
50
par
Jan
70% Dec
67% Apr
107% Jun
Sep 22
39% Sep
25
Jan
Jan
120
7
108
}
2%
28
116% Aug 10
7
52
32
18
101% Jan
100
92
17% Jan
39% Jan
Jan
9
7
109% Jan
4
28% Jan 22
s—1
43%
25
74% Jun
Mar 17
67
No par
4
11
July 15
10
Aug
1
105% Sep
4
Feb
2% Jan
par
2.50
98
May
27
2.50
Oct
May 27
96% Jan
5
Columb Br'd Sys Inc cl A
Class B
—
Jan
28%
100% Nov
9% Oct
Apr
100
1st preferred
2d preferred
;
Jun
89
85% July 15
15% Aug 18
No pat
47c
Dec
29
Apr
Apr
5%
27 Va
20
32 Va Apr
-100
32%
41
100
1
Nov
54
22
7
preferred——;
"Oct
13% Jan
No par
conv
Dec
i
3%
8
2'
Collins & Aikman—
Oct
3% Nov
48% Jan
6
11% Jan 12
par
No pat
Jan
Jan
14%
7% May 12
2
21% Jun
4
100
—
i
93
23
23
Jan
10% Jan
(The)
3%
;i5Va Sep
11
17% May 13
6
:
18
1
2% Jan
67% Jan
Colo Fuel & Iron Corp
"Colorado & Southern—
7,630
23%
2
A
5 7o
16%
,
5
6
Apr
Jan
2% Nov
6
July
50
July
108
Sep
9% May
2
7% Jan
23%
110
65% ADr
22
2% Jan
Dec
19% Apr
24 ' July
34
33% Jan
Dec
8%
35
13
95Va Jan
97%
104
8% Jan
—100
Co
Dec
Jan
Jan
Jun
2%
8
May 17
5
Preferred
Dec
97%
Jan
1% Aug 26
No
29%
July
24% Jan 30
(The)
Deo
Deo
120%
1% Apr
23% 'Jan
108
10
Ry. Co
Dec
42%
82
8
No par
-No par
No
3% Nov
78
130
27
99% Jan
No par
Molybdenum
1%
Sep 21
Apr
8
7% Jun
4
10% Jan
No
Dec
Jan
28% Nov
41
17% Jan 12
18
Jan
5
■'
4% Nov
38%
89
115
Mar 19
par
Mar
11
7% May 13
8
Colgate-Palmolive-Peet—
t$4.25 preferred
140
7
2
Coca-Cola Intern Corp—
4,900
Jan
14
preferred
fClass A
—_
7
Jan
_5
Cluett Peabody & Co
■
5
23% Jun
.—50
Ilium $4.50 pfd
Coca-Cola
18% Jun
2
—No par
2,500
.
12
25
37%
50
Jan
Jan
Jan
Co
& St. Louis
Apr
1% May
90
Aug 27
3
25
div
16
7
3% Mar 12
111
3
:
6%
5
23% Jun
/
4
3
fClev & Pitts RR Co 77c gtd
Special gtd 4%. stock
400
77
Sep
14% Apr
No par
Climax
310
22
Dec
July 16
A
40
Apr
Apr
Apr
Apr
Aug
21
98
Oil.
30
67
12%.
Cotton
2,600
116
12%
cum
15
82
25
July 22
50
53%
'114
13%
7c
40% Jun
108
120
100
Clev Graph Bronze Co
5
Apr
1
x33
preerred
El
30
5
Equipment
C.
Jan
110
1
preferred
($2.50)
117
14
100
....
22% July
2% May
54% Apr
128% Sep
97% Jan
No par
No par
Feb
Apr
Apr
77
6
100
A
37% Feb
1%
4
No par
Co .—No
29% May
'. 32
Jan
No par
Mfg
Aug
7% Nov
May 10
July .13
13
preferred
39%
155
23
-
100
15 Va
33
Jan
54% July 19
8% Jan
2
Sep 13
16% Jan 12
1% Jan
2
preferred—100
—
39%
*850
5% Apr
18
100
Apr
Dec
96% Feb
'
1
9%
9% Apr f 6
46% July 22
97 % Aug 31
31% May 29
8
Jan
3%
47% July 21
8
1%
27 Va
7
f'
7
119
.100
—
;
Mar 31
i
95% Jan 26
100
•
11% May
25
3% Jan
77% Jan
1
Jan
1
24% July 14
38
9
x85 > Jan
25% Jan
——No par
——20
37%
:
40
100
6%% preferred
City Investing Co
City Stores
80
114%
A
9% Apr
19% Apr
3614 Jan 21
A*:A ~4% Jan^ 2
10
Corp
City Ice & Fuel
C. C.
-
12%
1
6% Feb
Mar 27
1 Va Mar
29 Va Jan 23
par
Products
Chile'Copper
Clark
66%
15
1259.
No
& East 111 RR
300
*152
13%
page
Lt
Preferred
—
*11':-%
13%
see
35%
#72
*92
66%
12%
For footnotes
13
Chrysler
180
116
11%
*22%
137/e Jan
100
A_k—
*52%
-
*850
16%
r
5
Childs Co
1,800
155
114%
*65%
>850
116
2
—23
Century Ribbon Mills
Chickasha
2,300
*38
*
40%
106%
4
Ale
Mills.;
Central 111
fPr pf
12,500
145
*114
108%
11%
„
,
114%
39 Va
23%
16% Nov
5 7c
40 A
7
35%
39
*108
16%
16%
*38
*92
66%
7% Nov
Jan
Chicago Yellow Cab
42%
*138
80
114%
*52%
*820
23%
*72
40
116
*65%
:
36
93
*114%
66%
Jun
11%
6% Jan
15% Aug
Chicago Great West RR Co
<
15%
6%
145
53
116
5%
7
Class
107
*41'A
7
39%
153
66%
23%
108
*138
41%
*92
152.
*820
106%
37%
114
38Va
6%
36'
80
114
41%
v
*14%
*106
-'
*52%
116
*820
15
107
40%
155
66%
23%
40
114%
*152
115%
66%
15
*106
145
*72
39
52%
*152
81%
15%
107
*138
80
7
5
No par
Preferred series A
600
28%
Dec
53% Nov
Chic
___
82
Deo
22%
67o
2,100
.
*26 Va
15%
38 Va
41%
1%
27%
*105%
113%
52%
*1%
82%
15%
38%
*92-
1%
Jan
i
Apr
Cham Pap & Fib Co
900
27
7%
363/4
*107
16 Va
1%.
41
92
S 16 Va
81%
*7
108
16%
27
41
92
14%
83
*36
*107
*13%
{
17
Jun
67o prior preferred
1,900
,14%
82%
7%
:-*72
-
10,600
38%
95
Jan
Chesapeake & Ohio Ry
51%
10% Nov
Deo
Jan
%
Central Aguirre Assoc
Central Foundry Co
500
38%
*25%
107%
114%
37%
1%
36 %
80
18
6% Mar
69 Va
50%
Checker
*50%
2% rApr
21% July
3% Jan
16%
2
{Cent RR of New Jersey
39
Oct
Feb
50
% Jan
Central Violeta Sugar Co..
52%
Nov
j
6%'Feb
30% July 13
Celotex Corp—
5% preferred
100.
*37%
*16
1% A
18 Va
Jan
24%
Sep
19%
6
_50
Chicago Pneumat Tool
$3 conv preferred
17%'
83 Va Apr
44
Jan
4%
2
8
~__1
4,100
*50%
,
18% July
Jan
•
Sep
"
18
22% Jan
7
52% Jun 24
3,300
53
5
72
40
3% Feb
par
18
18%
39
2
9% Jan
_100
Chicago Mail Order Co
18%
Oct
Oct
No
2,400
16%
145
No par
Packing
5,800
38%
~9%
7
10
prior preferred
7% 2d preferred
8,000
4 3/4
Oct
25
25% May 20
19
*7
*72
4%
7%
15% Mar
5%
11%
5
9
15%
*36
*138
:
Sep1
Sep
l
13
,
16
19
7%
145
>
"
2% Jan
5
15
*16%
42
2
15%
17
83 Va
20% Jan
19 Va
*13%
27
30
conv
19
14%
27
6
15
*13
83
•
6
15%
14%
1%
5
6
5% Jan
19
*50%
39 %
At *43/4
Jan
21% Jan
;
14
13%
41
10
'
14 Va
Dec
100
Bldg 7 7o preferred__100
18%
36%
*138
80
37%
*114
18%
4%
14
85 %
preferred
8,600
473/4
Jun
Jail
1,600
109%
47 %
Jan
Chain Belt Co——
7% t 7%
Dec
2%
15%
7%
145
*114
,
tl4%'t
*35%
7%
35
*72
4%
19
15%
18%
1%
83 Va
14%
*138
4%
*50%
16
*27
84'A
35
13%
*39
*
14%
1%
106%
*105
14%
47%
*108%
Jan
3%
6%
7 %
90
73/4
112%
Apr
6% May 4
75
May 3
42% May 4
10% July 15
29'
July 15
5 Va Apr
7
63%
47 Va
1
Dec
2%
4
3,580
108%
8%' Jan
6
*103% Mar
2% Jan
Cerro de Pasco Copper
7%
*
1
Certain-teed
47 Va
Oct
Apr
Terminal
31200,
32%
14%
,.i.9%
7
40% Jan 21
26% Jan
7
300
32%
Jan
Deo
Celanese Corp of Amer
'—No par
57c series prior preferred
100
<21
Nov
20%
Caterpillar Tractor-.——JVd pat
107 'a 107
•
10%
35 '. '
26% Nov
144
18%
*20%
32%
Jan
Apr
28% July
7
4,500
108%
7%
■
"
1%
27%
83%
7%
19
53
16
47%
108,% 108,%
U5
15%
18%
*i(j
16
*30%
4%
15%
1%
106
30%
14%
5
5
107%
?
*18 A:
1%
14% May
123
20
7
Jan
Va: Jan
Apr
15% Jun
6%
,.
60%
21
48
14 Ve
112% 112%
*38% r' 39
i.
;;a«
61
*20
19
16
60%
*18
18%
*13%
62%
6 V4
A
43
I1
108% Jun
1,100
A 6%
35 Va' Nov
Apr
31% Jun
11
80 f
19%
*5%
"
38%
6
:
18%
15
*50%
60%
.
*19%
'■;
-t'aA
114
38%
6%
21
48%
4%
39%
Va
*20
*106%
1
*112
*18
107%
30%
14%
4%
63%
47%
109 Va
115
;• a
at
6
■:■'
Jan
35% July 19
127% Jan 21
3,400
v
21%. Nov
16% May
19% May
100
2,500
2Va
111
it
A APr
4
Preferred
450
11% A12
193/4
*5%
18%
30 •'%
48%
8%
*108
62%
6
12%
2
Carriers & General Corp
Case (J I) Co
A 2,900
-
Nov
Jun
par
20
19% A19%
2%
6
20% Jan
tCarolina Clinch & Ohio Ry_—100
Carpenter Steel Co
5
490
•
Sep
9%
7%
15Jan
20
$3 preferred
110
111
247A Jan
Capital Admin class A
18%
'■
-
21
107%
31
A
62%
19%
6%
38%
111
11 Va
20
*112
6%
*110%
12%
;
6%
115
38%
18%
At
19%
2% :.;-f 2%
111
*19%
G%
60%
107%
12
2%
r
110 %
6%
38%
60%
48
A115
115
19 Va
■
20 V*
9% Jan
Cannon
180
*
121
-13
18%
'
20
*6
18%
2%
*
13 A/ A
6%
60
*29%
12%
*19%
38%
a.-
6%
*106
A
19%
*112
38%
6
13%
6
...j
115%
18%
2%
110%
111%
12%
14
29 % Apr
2,900 '
'
103%' 103% a
V' 123
;
13%. .13%
18%
19%
>•
a 323
1|9A
13%
18%
37
May
1
10% Apr
4
3,600
48%
<'.'37%
A',-?
<
Xl5
105 Va Apr
Canada Dry Ginger
1,000
i':
31 % Nov
2
19 Va Sep
8
tCanada Southern Ry Co
Canadian Pacific Ry—
2,000
118%
'
5
Sep
1
Calumet & Hecla Cons Cop
Campbell W & C Fdy
160
137%
-'
118
?
*41/2
118
137%
Mar
California
600
,;.n>
4%
Oct
25
100
loo;''
Mw- 28%
Dec
3%
No par
100
•
6% Jan
19
preferred
Dec
28%
5
No par
'
22%
Jun
26
14'A Jan
par
Feb
Jan
17%' Jan
Jan
30
par
No
v
1%
July 14
___.l
Forge Co
t5% preferred
Callahan Zinc-Lead.——
50
8'A
8
4
95%
40%
Apr
No
200
138
49
49%
125%.;
45
2
»Dec
Byron Jackson Co
19,100
'••^t.i3»42% • 43%
A V *96 Va " 96 Va
118 A 120 >••
49%
103%
'*43
7
Jan
Jan
43
19%
7
42% July 23
20 V4 July 10
10 % May
6
118% July 27
9% May 10
116% May 10
54% Aug 17
Dec
21%
May
5
>
18 V4 Jun
12
3
76% Jan
—No
——
—
2,800
9%
At" *7%-;.
8%
43 %
*135%
49%
117%
22 Va
9%,
45
4%
1
'*31Va": 32%
6% Jan
104% Jan
23
111 Mar
1% Mar
4
Jan
49'A Sep
Participating preferred
2,300
*
119%
48%
124%
22
•;-:
44
2
13
72
44 Va May 21
8
_100
preferred
Copper & Zinc
Byers Co (A M)
5,300
,
9l/8 Jan
75
May
13% May
18% Mar
Aug' 4
29% Jan
Jan
30%
13
.
12
23
20
12% Apr
30% Jun
7
Jan
,
Apr
58'' July
13 Ve May
6
July 14
0% Apr »3
37% July 23
40% Sep 24
Jan316
37% Jan
Jan
Jan
8
39'
7
No par
—
Wheel
5 7o
1,800
16%
2
5
Butte
6,000
7
•
33
No par
67c
10
16%
*96V8V;96V2
*27% -28%
•
138
*136
A;
*7% A
7 >;••
■■
"
•
: par,
Butler Bros
2,000
55
22% Jan
Jan
14%
33% Sep
29% Sep
-
Deo
19%
Jun
96% July €9
51
July 15
„
.
26?a Jan IT:
2Va Jan
9
28% Jan 16
100
Mfg
preferred
Bush Term
v
l;
16%
A" 22 Va
X43%
^6%
4% ;V4%
4%'
:•
118 Va
96%
*27
■■■'■
ft 7%
t7%
130
V
2
29
>.■
7%
11%
21% Mar 30
Jan
No par
—No par
r
Bush
2,100
15
7
"■
t
27%
*54 Va
16
9%
14%
if-A 27%
(E G)
5 7o
200
' 73
1
7%
9%
44%
'
Jan
17
Highest
S per share
Sep
21
56% May
4
Burroughs Add Mach
1,100
*21% v 22%
55
■
16'A
-
13%
a.
A 38%
5
Burlington Mills Corp
210
3 Va
7
Bearing Co
Bulova Watch
7,500
s
13
par
Jun
1942
Apr
Apr
5
100 A July 24
9
14
89% Sep
19
4
30
v;.'.; 28%
72%
•••:•;• •
22% 4,
22%
'
*32%
9%
-
10
Jan
14% Sep
15
3,200
vv 37%
3%
27%
'
Itt
43%
28
x4 1 b
27%
*54%
1
22%
33
I
44%
A
8%
44%
28 %
16
t
f
22%
54%
IVe
15%
22%
:
74
27%
7%
*28
V
14%
*73A
54 Va
A-V 1
1
9%
*7%
4%
28%
:: 15%
v
43 Va
4%
74
22%'
55
*54%
10
76
41% Jan
100
7,200
?.
26
Jan
100
v. 37
10 v4
Roller
Euffalo
700
4% v 4Va
*57-4 58
'
A
3% •>3%
14%
73%:
22%
(The)
Bullard Co
5,400
13%
9% Jan
9
Budd
200
33%
par
1
$5 preferred
7,700
f
it 28%
13%
37%
~
*28
-i 3%
3%
14% 4-
7%
;
44%
*110
A
19%
19% July 14
20% Jan
Budd
4,700
*109
'
:' 4 %
10
.
Va
28
72% 4 it
28%
55
10
*44 Va
A 8
13%
,;t-
5
Jan
680
8
19 V2
•-
4
13 Va
*37
10%
;
.
22%
1
*43%
.
•
W-V;
*56
37%
10
22
22%
*31
10
*44%
t
itt
13% Jan
20
60 n
51
No
Bucyrus-Erie Co
7% preferred
130
5,700
101
■ v
4 *>17%
28 Va
4%
58 >;
*28
14 Va
-
7%
*32 %•;
•,
8
.
..
13%
4%
*37"
10 Va
1
16
*135
101'
5
—.—No par
Bruns-Balke-Collender
4,4001
6%
•••■
17
Inc
Brown Shoe Co
900
117
f 6%
19%
*109
4%
28%
i:v., 72%
55'
1
22%
•
100
18 Va
51
34
200
V 8%
14%
11% Jun
Briggs & Stratton
No par
Bristol-Myers Co
5
Brooklyn & Queens Tr_
No par
Bklyn-Manh Transit—
No par
Brooklyn Union Gas—i.——No par
1,100
41%
>116
18%
19%
*33%
1%
8 Va
8%
-
16 %
18%
52
*17%
■
V
*39%
r
6%
8%
—
*56
3%
:
•
'
'.ft 8
700
___
15%'
f 117
*51
28%
13%
v
*28
28%
*54 Va
1
•
600
*1
*100%' 103 %
'
37 Va
r,; 10 Va
22%
28%
55
1
7
42
42%
18%
6
2
Briggs Manufacturing--—..No
1,700
*$3, A A- Va
38% May
19% Mar
5
4
Brewing Corp. of America—;
15
Bridgeport Brass Co
No par
2,900
8%
'
72%
21%
A
10 Va
42%
41 %
6%
20%
28%
58
37 Va
10%
28%
Bower
1,800
per share
Jan
-5
;
Co
16
Tear
Lowest
$ per share
8
—5
Boston & Maine RR
200
:
Va
27%
*41
18%
117
34
*109
4%
*57
■
v-
13%
4%
'
9%
28%
:•
40
'
*36%
i
42 Kr
8%
"
18.
20%
*33%
1
w-iW
13%
;
57
•••
33%
Borden
27% Jan
-100
Brass—
class A
Stores
$ per share
Borg-Warner Corp
;
220
10%
1%
8%
18
20%
;
6,700
7,100
•
4%
57
8%
18 V
20%
29%
35%
36
%
18
:
&
Class B
Bond
3,300
27%
-
42%
*38%
52
"i 33%
14
4%
,.
52%
8%
170
.
A 4
4 A
40%
16%
6%
,/
104%
*109
13%
.
4%
,.
;
*57
;
119
,
6%
"
102
•17%
•
20%
33%
.
18%
101
8Vb
17%
19%
33%
33
>117
6%
.
*11
8% A 8%
118
6%
52%
8%
17%;
19
•118
■'■'.>4
6%
51
8%
33
41%
*42
40%
104 %
47
36
40%
16
16
6%
i
36
'
*1
16%
Aluminum
Bon; Ami Co
32%
34%
'■■■
10 ••
1
;ig%
*103
51
8%
*
*38%
103%
91
'
16%
6% A 6%
Bohn
'
27%
%
*18%
i
*46%
:
10
42%-:
■
16%
"
*90
A
27%,
"
42%
1
16%
>101
10%
Hi
*16: '
>118
36
40
28
42%
91ft
A
No
Boeing Airplane Co
1,600
Range for Previous
A
6% Jan
.
Bloomirtfedale Brothers
7,600
y
or..-;-
par
——No
Blumenthal & Co preferred
.
'
40%
,
%
.A 1%
:
36 AA
,40%
42%
J2
*1
ii
.
*35-.'
42%
A *42
*90
&V;
4
*10
*35
f/
47
*3%
.
*35
•
30
A
15%
32%
29%
91
B1 aw-Knox Co
Bliss & Laughlin Inc
48% '• 48%
32%
'3%
;
,
i
No par
No par
Black & Decker Mfg Co
1,400
5,000
100
29%
""147
V
,
'
Range Since Jannary 1
-Lowest
Highest
Blgelow-Sanf Carp Inc
,
'
15%
49
•■•
•
•'■••
Pat
900
;
17%
*97.
32%
*
37%
*17
" - '
STOCK
EXCHANGE
Sfiarea
X8% 7 8%
" t 17%
91%
46 .a
*46
NEW YORK
*17
'
*90
for
the Week
v ;
17% A 17%
8%
$ 100
*97
Sales
,
per share
37%
17%
?■"
*17
100
$
17%
8%
*17
.
17%
*97%
100
17%
8%
17%
Friday
Sept. 24
38'^
*36%';
18 feiy
*17
-*17
17%
17%
STOCKS -
Wednesday
Sept. 22
f.'
38%
■A.; 17%
17%
*17
17%
*97
HIGH
*38
38%
17%
8%
<.
17%
17%
per share
38
18
8%
AND
w| Tuesday
•ft Sept. 21 •
•f $ per share
•
38
*17
i
.
.
Sept. 20
1251
,
Jan
Jan
36% Jan
149
;
Nov
92
:
Nov
63%
470 '
Jan
Feb
17% Nov
107%
Dec
18% Oct
108
18%
4%
Dec
Jan
Sep
5% Sep
5
Sep
8%
Apr
16% Dec
8%
Apr
16%
Deo
i
'
'•«
'
4"
'■
1252
NEW YORK STOCK
Monday
Sept. 20
Saturday
Sept. 18
4%
75 V*
757/8
67%
95
*933/4
/
94
70
76V4
67%
68 3A
•
16'A
16'A
16%
♦36%
*106
42%
15%
15%
U
3/4
66%
67%
26%
27
:i
22%
22%
223/4
22
92
23
-104% 1043/4
423/8
42
421/2
42V8
42%
35,506
15%
•42%
143/4
15%
14%
1474
11,600
15
11
' 3/4
%
\l
35,300
671/4
67%
X67%
67 3%
4,800
27
26%
267/8
26V2
26%
8%
87/a
'*81/2
23 Va
23%
23%
233/8
23 V4
21%
*21%
21%
21%
21%
*21%
213/4
*1051%
106%
106 %
106%
4%
4%
4%
4%
1047/a
105
27/a
16%
17%
16 3A
16%
67/8
7'/8
7%
7%
147/a
21%
14'A
21%
15%
1434
14%
43
43
44
44
45
103
103
103
103
.103
21
21%
93/8
93/8
Q3
*107%
107%
'
Q1A
„
9%
-
14%
137/8
143/8
21%
22'A
14%
14
14 '%
14%
143/i
15
4,300
46
45
45
500
*43
1023/4
102 Va
36'%
36
12 s%
13
127%
21%
<21%
190
3,000
5,900
21%
■
V
93/8
9%V:
9%
13
9%
9!A
-
48'%
497%
49
VBB: 57%
34'%
34%
34'%
25'%
25
25
:>
35'%
*24%
16 5%
165%
45%
453%
45%
*
185'%
47%
21'%
21V2
21%
'
•
193/4
'*46'A
184%
.5
33
21%
21%
20
29%
987%
33%
33%
33%
22'%
22'%
22'%
11%
12
117%
76
22%
112
*108'A
♦100
103
7
67%
84
85
843%
45
45
19
♦115
130
138
♦131
138
183A
32%
32%
*75%
B
•6
*6%
67%
U'%
113%
U'%
*1083%
113
103
*98%
15 Ve Jan
5
par
91% Jan
5
24%
24
108'%
*103
20 y
*23%
24
Dec
Feb
7
i
63/4 Apr
4
Sep
73/8
Jan
Nov
113/8
July 24
Apr
167/a
78
243/8 July 15
105
Apr
94
3%
Jan
3/4
Jun
Nov
8
Sep
7
9
Jan
1%
1
Apr
Jan
3
Oct
443A
44'A
63%
6%
,,
.
/
44%
S'
B
42'%
7%
V-
18%
187/6
18%
19%
7
-.w—
May
ll3/, July
2% Apr
2
110% Sep
24
103%
21'%
,283% Dec
367% Jun
4
15% Jun
28
57%
Apr
Sep
49'% Sep 2C
30y4
Apr
'23%
Dec
8
2 3% May
47%
Nov
25'% Jan
8
37% July 15
17
B Apv
27'%
Dec
par
183% Jan
2
273% July
2
50'%
Apr
21'%
Nov
5
.No
x9% Jan
7
15
Apr
5
8%
Apr
12%
Jan
45
6
53
Aug 24
51'%
Jan
Co
50
Jan
7% May
42%
7Va
187/8
6
83%
Mar
45
:♦'
-
17,400
.B
390
-.B 2,300
24.400
,
3,500
130
*115
130
*115
130
*130
138
*130
138
—-
24
24
2,300
233/4
Jan
15
Apr
,14%
Dec
Jun
98 7%
Nov
Jan
167%
Dec
9%
Dec
14 'A May
20%
Nov
82
41
Jan
23'% July 27
38% Jan
2
30 3% Jun
12
3774 Jan
6
46'% July
3
16'% July 14
4
2
99% Aug
Mar
10
12'%
May
88'%
Jan
233A May
39%
Nov
63
July 15
827% July 20
Apr
77
6
38
3034 Aug 23
Nov
May
23'% Mar 12
par
Nov
7%
103%
108'% Aug 19
4
par
Oct
3%
85
22% July 14
5
9
-No par
2% May
il Apr
12'%
2
Jan
No
Nov
Sep
713% Jan
7
Jun
84
100
9'% Jan
7
22% Aug 11
8%
Jun
133%
100
73% Jan
9
14'% Jun
11
5
Jun
9
Jan
Feb
1
July 14
88
Jun
140
Jun
74%
Jan
95%
Dec
8 3/4 May
13%
Jan
19%
Sep
100
preferred
preferred
,
Sugar
_
:•/
105
100
_
113
10Va Jan
30
5
Jan
10
13
Mar
9
90
Feb
100
Jan
2
Oct
32%
Nov
Jun
20%
Oct
9%
Jan
257A
Jan
106 % Sep
100 Jan 8
l3/4 Jan 2
30% Jan 2
17 Jan 2
6'A Jan 2
18% Sep 14
96
Feb 26
84
Feb 10
15% Jan 4
4 % % preferred
100
Curtis Pub Co (The)
No par
Preferred
No par
Prior preferred
No parR.
Curtiss-Wright
1
Class A,
1
Cushman's Sons Inc 7% pfd
100
$8 prefened
No par
Cutler-Hammer Inc
No par
7
26 Va Jun
8
10
20'/a Jun
4
18
Jan
106'A Jun
92'% Mar 20
100
Cuneo Press Inc
50
138
159
2
May 17
16% Jan
par
Cudahy Packing Co..
7
179
2% May 22
No
preferred
conv preferred
Apr
6
11'% Jan
t7%
Dec
1863% Sep
81'% Jan
conv
58
2
5
RR 6%
Apr
2
95
2
preferred
42'%
2
14'% Jan
25
No
Dec
61'% May 21
Jan
U Jan
(The)
37%
27% Jan
176
100
preferred
Apr
20
1
Corp
,
23%
53% Jan
25
100
'
7
Apr
47
2
Jan
37
Jan
17% Aug 20
153% Aug 23
1
Corp
Refining
Cuban-American
;*>•
*130
233/4
Electric
.No par
5%
Jan
Apr
7
Zellerbach Corp
Cuba
•
Dec
77
2
7
t$5 conv preferred.;.^
Crucible Steel of Amer
Crown
.
Oct
5
.7
26'% Jan
-5
.....
conv
Jan
163/4
;
.
Jan
Del
Cork & Seal
$2.25
Jan
Nov
96'A
82
7
5
Jan
8'A
9
Jan
403% Jan
.
of Wheat Corp
Crown
—
*115
23%
u4%
22
11% Jun
7,
5*-
$2.50
Crosley Corp (The)
500
138
23%
Sep
233/4 Jun
96
,..1
cor-v
Cream
4,600
:
24'A
82J/a
7%
■
•
20'A C
82%
83'A
44 -P.
Vi
73%
33/4 July
Aug 11
104% Aug 24
-
x4% Jan
.20
.
.
Co
5 %
5'%%
108%
6%
83
45
7
4% Jan
...
Fibre-
5% series
Products
Crane
6,200
:
/:■
*106
6%
,J08% R
of
21
Bank Trust Co. —20
tPreferred
103
20'A
Oil
tCorn Exch
400
115
21
112%
112%
•111%
23%
23%
24%
40%
393/4
33%
6%
63A
*6 3/4
67/a
6'%
*18%
203%
*18%
203%
*18%
6'%
21 " B
15%
15
15%
112%
*111%
B
15%
*111%
112'A
23'%
23%
22%
22%
22'%
23%-
2,600
Decca
Hi
7% May 10
Sep
18
13% May
45% Sep
17
12
9 % Apr
8
85
5% May
Dec
18
Jun
Sep 21
80
Jan
95
Oct
Sep 16
26% Jun 29
44
Jan
81
Nov
12%
Jun
18
Oct
24% Mar 29
115
120
3u3/4
40'A
39'%
40'A
39'A
397%
6,200
Deere
&
32%
32%
'
32%
•
32%
33
33
33
*32
177%:;,%
*17'%
18'A
13%
133/4
13'A
133%
73/a
7%
73%
7'A
73%
7
20 7%
207%
•'
30'
30
21
207%
293/4
BB
:'r,
47%
*45
30
47%
*45
47%
30
*30
30%
30'A
30
32%
32'A
32%
32'A
40%
*39%
41'%
♦39%
41'%
13%
14
*96%
97%
*133%
30
B
:v
29%
*96 3A
97%
*96 3A
15%
*143/4
60%
623A
140%
141
♦138
31'%
•'*8
31'%
*11%
8'A
.
*118
121
*118
121
147
148
149
151
8
-
*11%
12
*11%
12
*31
31%
8'A
8'A
140'A
140%
31
*118
/
148
*121
121%
39%
39%
39%
40%
39%
*7%
7%
77/2
7%
77/4
7%
1613A
162%
"175
411/a
18%
387/a
39
10%
10%
3%
37/8
19
18%
38%
X381/2
41%
.18%
38%
10%
10%
10%
44
30%
30 3%
24
25'%
24%
25
60'A
60 3A
60'A
60'%
♦128'%
*138%
30%
8
12
B
*11%
39
J
37/e
Dresser
Dunhlll
*118
>4; 148
128'%
*128
121
,
37%
73%
37
7%
163
*120%
39%
7
77%
3,700
Du P de Nem
129
V
preferred
Duquesne Light 57*
200
38
5,200
Eastern Airlines
1,600
Mills
Eastman Kodak (N J)..
6% cum preferred
Eaton Manufacturing Co.
Edison Bros Stores Inc
Electric Autc-Llte (The)
7'%
163
163
163
1,300
175
175
175
120
41
41
41
41%
1,200
183%
18
18%
17%
17%
2,300
38 5/a
385/a
387%
38%
385%
38%
383/4
3,500
r-
97/a
<
4
z:
10%
4
97%
B
10
10%
B
B 4
4
4
51/8
57%
76
76%
75%
76
75%
72%
73'/2
737%
72
72
71%
72%
417/2
41%
42
42'/a
42'%
42%
*42%
42
42
31
313%
31%
31%
*30%
31%
31%
31%
58
*57'%
58
115%
*114
1147/a
114%
*577%
'1143/4
Elec & Mus Ind
115%
1143/4
5%
423%
5
4'%
*57%
1143A
8%
Xll3%
114
:
5
13.400
79
743%
4,800
2,000
42
1,400
31%
2,100
57%
100
*112%
114
£0
8%
8%
9
48,200
83%
83%
847/4
85
85
85
85
85'%
85
86'%
86%
88
1,070
87
87
87
867%
86»/2
86%
86%
87
873A
88
893%
910
91
903A
91
*90 >A
91
90'A
90%
903%
913A
91%
93
540
*903/4
*
%
For
8%
8%
see
page
81/4
*%
%
%•
footnotes
8-
1259.
87/a
%
8%
*
7%
%
8'%
58
:
73
*30%
57%
87
83/2
223/8
Dec
87
Nov
*
%
%
100
8'% Jan 20
83'% Jan
.
8
13
Jan
2
300
$6
preferred.
t$5'% preferred
23
Jan
70
45
July 12
33
May 20
16%
20
25% Sep
38% Feb.
Jan
18
5
130% Jan. 12
Jan
8
5'A Jan
5
Jan
4
No par
1
16
No par
100
20
No par
9
16% July 15
May 28
1
29
Dec
Dec
16% Dec
703A
Oct
Apr
134'/a
Dec
163/4
Dec
137/a Mar
8
Jan
26
26
112
Feb
120
1023A May
144
Jan
120
127
Nov
118%
Dec
118 % Aug
8
129V4 Jun
117% Jan
13
1
5
31% Jan
13
3% J an
2
No par
146'% Jan
20
170
May 19
108
2
184
Jun
8
170
Mar
45% July 15
26
May
100
100
X173
*—4
—2
5
-3
35
Sep
Jan 19
117% Feb
30'% Jan
•
Aug 11
1213/4 Sep
44% July
2
8
87% May 28
Apr
lll'A Mar
lOYa Nov
July
Dec
34
163/4
Apr
2Va
Jan
4%
Apr
151%
Dec
180
Nov
36 »A
Nov
Dec
20
2
11
Oct
15
Jan
20%
Jan
30 3A
Deo
Mar 30
97%
Dec
133%
8
19
4
39»% July
14
Oct
7
Apr
8
8
130
93A Dec
28
24
Jun
Feb
Apr
1343% Jan
115
39'A Aug
2 3A
93/4 July 16
137/b Apr
Jan
Jan
May
51
95
35% Jun
21
27'A
Apr
8
4
73% May
153
11
125% Jan
Sep
-No par
Jan
—1
par
par
par
par
10
4
5 % May 10
ft
Feb
1'%
NOV
5
1% Jan
31% Jan 20
-
93% Sep
l3/4 Jan
Public Service—
-No
No
t$6 preferred
No
Equitable Office Bldg
No
t$5
98 Ve Sep
20
par
preferred
preferred
Storage Battery
Engineers
31% July 14
223% Feb
10
No par
No par
Elec
—No par
El Paso Natural Gas
3
Endlcott Johnson Corp—
-.50
5% preferred
.100
$7
17
30
73/4 July
327/4 May
par
Am shares
Electric Power & Light
48% Apr
1
213% Jan
No par
Inc
Boat
Electric
1,600
76%
76'%
73
58
9%
16'A Mar
Rolling
4,400
57%
57/2
77%
Eastern
4
10'%
42
5Vs
723/4
*571/8
May 10
6% Aug
1st pfd
140
18'%
4
$4.50
121
♦174
10%
(E I) & Co
149 ;
183/4
42
preferred
Q%
121
♦161%
767/4
58
10
No par
Mfg Co
International
Duplan Corp
12
7173'% 175
41
415%
7161'%
5%
317/8
40% Aug
No
A
Dow Chemical Co
400
148 3/4
7 6 3A
*57'/8
6
56
800
128'A
72 3/4
*31
Jan
No par
'
5%
37
Douglas Aircraft
2,200
*11%
12
75%
5
25
4,400
■
4
4
par
Apr
337/4 Apr
15% Jan
77%
Oct
R 37
Oct
Jan
18
No par
30'%
Jan
14/
Dome Mines Ltd
I393/4
Jan
37
Mar
23,200
77%
8
147'A
39%
7
Class
Oct
4'/a
8
No
Co___._.
Doehler Die Casting Co
30%
30%
128'A
*120%
300
2,600
138%
141
121
*118
121
121
40
138'%
148%
148
148%
121
18%
43%
30
~
121
♦118
121
121
*40 3A
*14'A
44'A
30
8%
*11%
121%
175
15%
44'A
31'%
*8
15%
*14'A
B
Cup
113/8
18%
35% July 12
preferred
Corp-Seagr's
Dixie
Jan
27/8 May
14% Apr
7
•
33 % Mar
98
200
Nov
6
98
1,200
13'/a
Jan
98'%
*13
13%
Dec
Nov
No
Match
partic
27%
30»/e
26
97%
8
121%
162
6%
22% July 14
Apr
7
97%
31
129'A
1743A 175
41 S/8
41%
Diamond
12
Dec
Apr
173/4 Jan
40
2
31%
12
16'% Jan
20
6
1
No par
Reynolds A
No par
138'%
140'A
♦1273/4
162
100
&
July
10%
47/a
18 %
10% May 10
Ltd
5% pref with warrants
61
128%
160'A
2
Distil
61
128%
175
2
3'A Jan
Diamond T Motor Car Co
613%
128%
159
8 3/4 Jan
50
Hudson
43
Jan
110
25'A May
97/a Apr
20% May 19
173/4 May 5
1,200
24'A
B
*1273/4
*173
2
3,500
24
61
243/4
Jan
13%
24%
24
61%
12
293/4
15%
30%
25%
2,000
41'%
Devoe
15%
243/4 Sep 20
36% July
29%
30%
44
30%
Mar
5
29%
44'A
44
30%
102
12
29%
*13
30
44
293/4
8
11
13%
43'A
143/4
*43%
293%
Jun
Detroit Hillsdale & S W RR Co__100
-
290
B
116
Jan
297%
*143/4
15%
143%
433%
60
32%
1083A Jan
20
Jan
*963A
97%
29%
243%
32%
*40
41'%
Nov
" Jan
293/4
*43'%
25
*39%
12%
29
*123/4
133/4
30
*14'%
"
32%'
32
32'A
40%
■:
Aug
26
Detroit Edison
21%
21'A
30
32'A
29'%
5,500
21'A
21
*45
30%
Oct
8
10
Lack & Western
21%
40%
14
&
Delaware
47'%
32%
29%
Delaware
9,000
21
*39%
29%
4,500
7'%
By *45
*32
*13%
100
13%
20'%
173/4
5
100
18'%
13'A
7
Jan
Jun
1_10
Deisel-Wemmer-Gllbert
*17'%
7'%
47%
20'%
-Vv *45
30%
;
Mar
19
20
Preferred
Dec
4
19
2
v
Jan
1
13'A
13
7'A
900
Apr
7
9
Jan
12
par
No
18'A
*177%
177%
73/4
"
pfd
Co
27/8
May 24
3
5
17
1
100
(The)
Records Inc
40%
18
47%
Dayton Pow & Lt 4'%%
112%
24
4U
137%
*45
20
4 *111 4 112'A
Corp
23%
13%
1
6,700
Chemical
25
BB.
preferred
5%
Davison
33/4 Jan
5
Davega Stores Corp.
Conv
B
*111%
♦177%
18
..'•
40'A
'Bf B 7%
13%
•
243A
:
137%
*17%
900
7
20 34
15
15
153%
15
v
112%
33
*33
333/4
*6%
*18%
■
15%
15
15%
40
B
6'%
•'•
*18
22
15'%
.
par
Sep
Dec
12%
97%
D
*18
'
14
pfd
Motors
"?
■:
6
Sep
Jan
-Apr
9% Aug
6
400
-
-
113
843A
247%
Jan
4
Jan
33/8
18%
83
3
•6
4,600
76%
22
193/4
♦83'%
24
90
233/4
•
2
24 3A July
109
Jan
tConv pref
250
115
%
24%
23%
"23%
23
2
Apr
Jan
5,000
153%
*21
20'%
18%
10'A Jan
Jun
12%
16
Internat
98
*98%
843A
19%
par
17%
5
.
Apr
12
Jun
July 20
25
89
Coty
*130
'
■
7
173/s
11 .•&: Jun
13
16
■
1083/4
V*
63/4
18 7%
19
130
♦131
27
2
2'/fl Jan
17% Jan
45
6,700
75%
11%
11%-V
7%
Jan
16% May 10
1,500
'19%
98
323%
*21 'A
73%^
44 %
32
24
700
22
75%
22'%
6%
7%
21% July
2
21V8Jan
Inc
21
153%
98'A
32'A
76%
44%
B'
*115
183A
33%
67%
7%
7%
16
22'%
84'%
45
"
7%
7 '%
47
•B 9b »/4
983/4
6%
85
45
•
"
7
6%
Oct
Jan
68% July 10
36 3A Jan
100
5
Dec
34
Hi
7% May
July 14
l'/s May 10
33% Jun
Cornell-Ducilier
47
■
*106
108'%
*106
•
Jan
10%
'
2
27 V* Mar 30
240
*46'%;
193A
20%
/
Jun
16
2
rJ*2 Jan
8
8,500
20 7/8
B/B
*46 34
16
*24
24
1
44 Va Jun
9% Jan
16
Coty
21
107
21'A
153/4
47
103
20 3%
Nov
11
Corn
107
203/4
21%
1063%
30
'
108'%
♦106
108%
*106
.
*21
113
19%
105%
Sep
30
i!400
1%
19'%
*985%
24
*23%
24
1%
2934
*108 'A
23%
203%
193/4
191/2
19%
Apr
Jan
500
2
19%
103
%
-
91'/a
4% Jan
J,
474 B
30'%
113
-
20
l
5,000
1843%
*183
19'%
11%
,
Dec
100
...25
..50
tConsumers Pow $4.50 pfd—No par
Container Corp of America.:
25
Continental Bak Co
No par
/:•
8% preferred..,.
100
Copperweld Steel
800
60
59%
60'%
23%
*98%
B
46
197%
*108'A
112
102'%
117%
11%
12
BB
Oct
29 %
'
43/4
*757%
76
22 7/4
15
2978 Jan
Oct
35
Jan
21% Mar 29
Continental Steel Corp
2,300
16'%
30%
9 8 3%
987%vy
107% Sep
Jan
Dec
11%
Jan
Jan
14
70
51
46
1843A
105 '/2
33
99'%
22'%
*23%
•
77
400
5
21 'A
*46 3/s
16
19
'•
16 Ve
13 Ve Sep
Continental
2.200
,
*l7/8
B : 20%
1%
153/4
47
155%
16'%
104% Jan
Jan
.45 %
84%
24
July 9
7
Jun
10
8,000
12'%
195%
,
41
44
2% Feb
11,200
23%
30'%
303A
*46'A
B
47
*757%
753%
*98 3%
20
B
20'A
297%
-
*183
107
x21'A
213A
,
•21 Va
*106
107
993%
33
*107
1%
21%
21'%
106%
•
14
Mar
5Va
•
5
Continental
57%
'-47/a
20 5%
2
2
2
11
30 Va Jan
(
3% May 12
Insurance
34%
16
>:
455%
60'%
5
•46%
v
60%.
60'%
21%
19'A July 14
19% May 12
Diamond
53/4
*51
51
453/8
184%
107'A
7
Jan
11
Continental
12'%
B
16 5%
16'A
•B
46
46
46'A
43A
157/a
99'A
•
16%
:
,
12'A
*50%
50'%
16%
33'%
99'A
753%
50%
16 3/4
60 3/4
20
157%
153/4
51%
18514
29%
293%
47
S
■■■/ -BB* 12
12
16'%
45%
51
11
Continental
49
341/4
VB:-y
24
,
12
4%
21V2
B
193/4
29'%
24
25
*24%
60%
B 107
■:B
<i
V,
♦184%
21'%
107'A
57%
34%
47%
2
2
2
207%
107 >/4
53/4
34'A
603A
43A
47%
574
34'%
185'A
H CO
::V
23%
5%
34'A
*50%
BB
46
60%
60 5%
60%
*183
*48'%
B;B
98% July 15
% Jan
1.500
*12% :M27%
483%
12'A
12
167%
163%
127%
48%
25
*24
51
*50'A
51
34'A
B-'B !'
12%
12%
12%
12%
*50
12%
49 'A
6
13
25% Jan
!
2% Nov
54
Sep
7% Jan
2,500
12 3%
49
343A
29
1
Continental Can Inc...
7,900
36'%
35%
.
12%
49
-
"
6
55%
57%
;'5%
■
";
3A
48
48%
36 'A
35'A
.
127%
*12s/8
.
300
110'A
110
110
■?1G8
3 6'A
35%
36'%
36
36%
70% July 16
par
Preferred ...
Consol RR of Cuba 6%
B Consolidation Coal Co
$2.50 preferred
1,600
102 %
20%
/' 9,100
.'/•■
"
357%
9
$ per share
Sep
Sep
25
Consolidated Vultee Aircraft
3,400
*102%
109 7/8
*108
109%
2,900
7
7
7%
22 •:
:
107%
109%
*107
B
21%
21
21%
.'21%
21%
'
9%
87/i$;
900
4,100
*21%
103
.
\
20%
27/a
16%
14 V8
■
45
103
43
*41
103
14%
14
133/4
27/8
16%
14
V. 143/4
;
27/s
14%
14%
14
14%
1,600
14%
14%
213/4
14%
>•
16,100
105
16%
7
22
•14'A
23'A
104%
6,400
2
1
2
■«
I
14%
21 3/8
14
4'A
16%
217/8
■14%
15%
143/4
21%
13%
107
23
233/8
105
800
70
.■.
Jan
i per share
share
Sep"24
*
Highest
3OV2
par i
par
No
CongoleUm-Nairn Inc
...No
Consolidated Cigar
:
No
6 Va % prior preferred
Consol Coppermmes Corp
Consol Edison of N Y
No
$5 preferre<L..,—_.;......N,o
Consol Film Industries
:
$2 partlc preferred
No
Consol Laundries Corp
2,000
77
79% Jan
No par
No par
' Commonwealth Edison Co
Conde Nast Pub Inc..
...
600
/
*2%
7
V
4%
4%.
17
7
B 9
1067/8
4%
23%
2%
*2%
106 7/8.
105
105
105
*8%
9
'106%
23%
23%
23%
23
2%
14%
8,600
23 %
21%
21%
•
263/4
26%
8'%
.1
-•*13%
400
67%
163/4
■-
106%
40
2
Lowest
v
5% Jun
2
37
100
__
$ per
share
l7/8 Jan
40 % Jan
No par
Commercial Credit.
_10
4%% conv preferred
100
Comm'l Invest Trust
No par
Commercial Solvents.
...No par
Commonwealth & Southern—No par
$6 preferred series
..No par
4,000
106%
40
671/a
7
6%
40 'A
107%
40
vr;%
17
17
v.
*106%
11
3
2%
107'A
23%
1047/8
104%
3
3
39%
23
23'A
23
22%
*36%
67%
4%
4%
4%
4%
i;,
36 7/8
3/<
*8%
106%
*1053/4
1063/4
*36%
67
99
*106
38 .
40%
263A
:
23
213A
16%
15 3/8
\k
8%
8%
*16%
427/a
15%
27
26%
v
8%
8%
42%
42%./ 43
15%
153/s
u%
67
671/4
'
800
*16% -167/8
*36 >/4
40%
107'A
5% preferred
Columbian Carbon Co
Columbia Pictures
$2.75 conv preferred
500
17":
'
*106
1071/4
1071/4
107 5/a
42
95
95
•:
40
39%
41%
40%"
943A '
"BB
$ per
.
Bb
80
69 V ::
*16%
•
*36%
'
-
i:..- 94
Par
Columbia Gas & Elec—.No par
6% preferred series A
100
37,700
2,400
*106
16%
40%
39%
40%
163a
16%
39'/a
94
EXCHANGE
1942
Year
Range Since January 1
Lowest
Highest
Shares
.
4%
77
69
69
V
Range for Previous
:
.i
:
NEW YORK
the Week
share
41/2
76%
*68
69
94%
"
96
"94
95
•
per
4%
75% > 76%
-75%
69
$
share
per
43/8
43/4
75%
67%
*36 %
40%
$
share
per
4%
76
76
69
69
Sept. 24
'
474
4%
Sept. 23
$
$ per share
:
STOCKS
V.STOCK
V
Frfdav
for
Sales
i
Thursday
Wednesday
•"
Sept. 21
4%
4%
4%
PRICES
Sept. 22
Tuesday
'>:•
share
$ per
$ per share
"
•
HIGH SALE
AND
LOW
RECORD
/-■■■
63/4 May 20
%
Jan
1%
Nov
797% July 23
17 Va
Apr
35'A
Jan
28% Jan
20
757/2 Sep
2
15
Apr
323A
Jan
333/4 Jan
2
427% Sep
20
9
29
Jan
34%
Nov
19'A
Apr
26%
Feb
49%
Dec
7
23'A Jan
49% Jan
5
109% Jan
11
X32
58% July 17
393/4
Apr
Aug 21
1073%
Feb
24
Sep 24
1%
Apr
118
23% Jan
9
Jan
88
54
57% Jan
62'% Jan
% Jan
Sep
Sep
24
93
Sep 24
1% Mar
1
893/4 Sep
Oct
112
3%
40
Apr
July
73
Apr
Jan
66
46
83
477%
A
Dec
Jan
Jan
Jan
%
Oct
Volume
THE
Number 4215
158
COMMERCIAL & FINANCIAL CHRONICLE
YORK:STOCK RECORD
NEW
LOW
$
$ per
per share
$
share
$
share
per
Thursday
Sept. 22
Sept. 21
Sept. 20
per
"
:
Wednesday
Tuesday
Monday
Saturday
Sept. 18
PRICES
HIGH SALE
AND
•
Fridav
Sept. 23
share
Sales
$ ver share
'l yy
for
t per share
STOCKS
-
NEW
the Week
Sept. 24
/
•
1253
YORK
'•
Shares
•
\V7>~,
STOCK
•/;> EXCHANGE»
}\
//•'■/'/-■Par
a
,*
v'
••;
•
Range for
i Range Since January 1
Lowest
Highest
%
t per share
Year
;
S per share
'
12%
12%
12%
12%
49%
123/4
49, Va
*75%.
12%
'
1
12%
8%
Vz: '8%
13%
12%
rj%
24
49 Va
233/4
3
*2%
8%'vv
.
12%
■
12%
12%
12%
12%
12%
*49
49%
2,000
78
*75%
78
8%
8%
12%
23%
123/8
8%
123/4
12%
*23%
24
37
:
37%
*2%
3
■/ 3
23%
3734v
*2%
37%
243/a
24%
24%
24%
24%
17%
24 %
37
24%
37%
i
24%
■/
;
17%
*16%
17%
>'*16%
17%
37%
.
o 1
%
24%
>103
103%
103%
'•
22%
23%
:<15% i 16
*95
95%
15%
27%
95%
-
95%
95%
95%
95%
95%
/
16%
49%
16%
'50
0401/3
'
40%
40 ¥4
40%
"/
17%
17
17%
16%
16%
49%
49 ¥4
50
493/8
49%
40%
40%
40%
40%
40%
108%
107 %
38
*38
21%
108
108
38%
a
21%
108
*105%
33
32%
38
38
24%
37%
16 %
38
21
*107
33%
33%
*32
32%
27
*26%
27
33
21V4
1,400
Federated
t4% %
i
17
1,200
Ferro
50
2,600
4%
x23 % Sep
3A Jan
19
33% Feb
4
42
21 % Jan
6
28
6% Jan
2
6,400
No
107%
107%
700
37%
37%
21%
107%
32'/a
32%
38
*107
*32
203/4
•
20%
900
First
30
32%
National
Flintkote
2,600
109
preferred
Co
7
Feb
18
2% Jan
% 15
Jan
/ 78% Jan
series
Stores...
par
No
31% Jan
15% Jan
par
par
Co
No
par
Stove
37%
Jan
293/4
Jan
8%
Jan
>
69% Sep
19%
93
Dec
Jan
•
3
Jan
Apr
13%
Dec
Jun
8
24%
4%
,
11% Apr
74% Nov
Feb
18 Va iJan
87
Jan
Dec
2
7%
Apr
1.4%
28
29%
Apr
43%
13%
Jan
26%
112% July 12
87%
293/4
Apr
43
39% Jun
16
22% Jun
7
97% Jan 11
25a/4 Jan
7
6
6
July 15
5
No
Apr
19% Jun
6
Nov
Jun
503/4 Jun
8,
1043/4 Jan
Oct
1%
Jun
25 'A July 14
96
July 15
14
100
28%
Jan
20
19
12% Jan 27
Jan
Sep
Dec
27%
42
25% Jan
Dec
4 %
7%
Mar 26
6 % Apr
8
10
(The)
70
/
Apr
May
ii
105% July 27
29a/4 Api
5
16% Mar 18
2
Oct
1
May 27
19% July 13
4
$2.50
A
33% July
v
13
I
—.
—No
Florence
800
Jan
13
100
preferred
t$4.50
86
29% Mar 30
9
20% Jan
par
*
Firestone Tire & Rubber
Corp
10%
yy 1% Jan
5
Fidel Phen Fire Ins N Y
40%
21%
Dec
8
No par
49%
6%
70
Mar 26
93/a Jun
5
40 Va
108
77
14% Jun
2
preferred.:
Enamel
18
2
Co
Dept Stores.™
conv
Oct
Jan
4
r■
No par
Min & Smelt
*16%
<
107%
108
preferred
Federal Motor Truck
150
10
44
33/4Jan
Traction
1,200
247a
Jan
Jun
5% Jan
Federal-Mogul Corp
96
3%
32%
May
15
& Co
&
1,600
g
;
$6
Federal
600
23%
24%
:'■<
10
104
Light
16% May
4
523/4 May 19
No par
20
Fajardo Sug Co of Pr Rico
Federal
9
12
Jun
3
Fairbanks Morse
200
4
4%
$2.50
1,100
Highest
$ per shari
16 3/4
5
Corp
50
37 Va
21%
—5
—
1,800
17
2'.'%
*95V4
16%
Ex-Cell-O
Co
23%
g
>
Cleaner
$ per share
9
68% Jan
50
40%
108
1073%
■
96
Vacuum
Products
1042
8
Jan
39% Jan
100
Exchange Buffet Corp
'16 •'/>■/■■ 16
24%
96
108
21%
107
*31%
108
1073/4
21%
*105%
108
'
'
lnt
RR Co
37
'
*102%
23%
5%
5%
'■
1,900
3
17
5%
24%
5
5%
233%
23%
16/
24%
5
Eureka
Evans
*36%
15%
24% '■'24%
40%
38
153/4
4,600
*2%
104
benef
Pitts
rrevious
Lowest
8% Jan
'
2,000
17%
23%
5%
17
21%
*102%
23 %
24%
49%
*108
104
23 %
•
15% Vl5%
5%
25
•
*102%
24 •
*23%-
15%
24%
5%
5%
25
24
15%
104
*102%
103%
*23%
of
12%
24%
-
No par
No par
common
5% pref series A
12%
37
37
*17
Ctfs
Erie &
8%'
•8%
3
'
18
*17%
tErle RR
20,200
50
'
*2%
6,400
49%
"
*2% y 2%
123/4
*75%
v:
78
8%
23 3%
83/4
12%
12%
49 %
*75%
78
23%
24
12%
12%
12%
49%
*75%
78
12%
::<■■■
13
24
12%
49
12%
49%
*75%
¥ 8%
8%
12%
49%
:/
78
12%
12%
13
\
Dec
Dec
105
NOV
39% (Feb
16% Dec
Apr
9%
86
May
96 Va
Jun
10
15
Mar
27'A Dec
Jun
36
2
July 29
109
11
18
Apr
24 3/4, Feb
3
May
28
Aug
Jan
Jan
'
*25%
;
27
77/e
44%
*12%
*26%
12%
27
7%
44%
a.
*49
11%
11%
28%
28%
*108%
2 3A
2%
3 Va
5
*oi
10
!
■
*106
10
•145
28%
28%
5%
27/a
*27
2%
3%
y-y-2%
3%
3,400
28%
28%
400
109%
2%
3 Va
12%
12%
26%
26
26
26
26
5 Va
*51%
10%
13%
ZZ
52
:;
10%
lOVa
*106
44%
8%
8
•
149 Va
¥ *146
149%
7¥a
43%
8 Va
7J/4
52
5%
500
300
26
(
Galr
51%
/
*1173/4
vr 1%
5%
5%
*133/4
14%
85
"
\
5%
27%
/
*146
52
10%
10 ¥a
7. 110
*106
V
43
44%
*1<3
149%
y- ;■
53/4
14 3/8
86%
144 ¥»
3 8 S/8
*10%
•"
10%
41%
>
118 as 118
118
1%
1%,
5%
43
8 ¥s
8%
*146
*12%
♦28%
86
87%
29
55/a
108
•107'
10
*133
533/a
34¥4
1%
38%
20
35
21%
7%
108%
1%
21%
21
111
*110%
111
1%
55
193/4
19%
14%
143/4
15
84%
84%
843/4
19%
22%
'■
%
87
*7
;
Co
73
14
14 %
84%
*83%
20
20
29%
;
General
General
Transportation
Bronze
A
V
General
t7%
♦2%
//
40%
*129
34%
34%
5Va
*53%
15
86%
87%
223/4
*19%
*110
22%
22%
73/4
72 %
•72
13%
*84%
20%
20%
47
*46%
1
*
?■>' 1
40%
100
41
*107%
108
¥>" 8 ¥4
♦94
4%
43/4 a
4%
14%
10%
10%
36
36%
36%
36
26
253/4
25¥4
*25
17 3/a
17¥e
17%
27%
28 Va
27%
28
V/ 24%
24%
243/4
24%
23%
800
General
20%
600
Gen
Corp
Corp
22
7%
13%
43%
13%
107%
400
8%
6,000
94%
1%
4%
■
■■
*14%
103'a
43/4
4%
15
15
10 ¥a
*94
4%
43/4
15
10%
36%
-
10%
*36 Va
•
15
1%
4%
27,400
2,200
;;
500
*103/B
10%
36%
36 Va
.36%
37
*25
26
25
25
17 ¥a
173/a
17%
173/a
1674
27%
27%
27%
27%
27%
a
*25
26
493/4
493/4
19 Vs
19%/'
12%
12%
12 ¥4
133/8
13 Va
4%
43/8
58
*
49
58
%
*58
*58
"
*49%
50
50
49 ¥4
49%
193'a
19
19%
12%
12%
12 ¥a
13 Va
12%
13%
4¥a
43/8
4¥a
*12%
a
12%
4%
•
143
8%
8%
8%
143
-
8%
145 Va
8%
148
7¥4
12 Va
13
434
155
8%
19
12 ¥a
12%
'
2,300
-■
4,100
144
400
8
9,900
39%
397/a
40%
39%
40%
39 %
41
38s/a
39
38%
383A
50
50 Va
50%
50%
50 Va
50 Va
50%
49%
50%
49%
50
No
.No
No
-No
Preferred
Graham-Paige Motors..—
Granby Consol M S & P
Grand Union
w
div ctfs
30% July 13
63/a Jun
1
Iron
80
11
par
No par
Ore
Western
& West RR
Co Inc
Gulf Mobile & Ohio RR
5,900
*5
Gulf
nreferred
Oil
51
Feb
104
Aug 31
3 3/a Apr
98.;.Mar
2
35
9 % Jun
3
151
Aug 23
9%Jun
5
\
8% May 19
18% May 20
98 % May 19
32% May
4
33/e Jan
7%, Nov
;
66 V2
16%
Dec
Dec
33/a
Oct
9 3/a
Apr
X233/4 Apr
;
4%
■
*
Jan
90% Feb
21'/a 1 Nov
120
44 %
Feb
140
Nov
May 17
39% July
1
145
;Jan
5% Nov
Apr
2% July
2 /
Sep
63A Sep
Dec
.
463/4
Sep
106
Oct
53
Jun
51
iJan
39/4
10% Feb
/
132
Apr
21% Apr
Nov
303/4
Jan
Jan
Jan
2
4% Jan
8
8
Jan ""j 5
1% Jan
9
July 15
119% Sep
23
23/4 Apr
111%
6
110
Mar 15
107% Sep
21
Apr
% May
61
Oct
40%
Jan
122
July 13
131% May 6
30
56
36
July 23
6% July 23
24% Jun
1
8% Jun
8
110% Sep
9
10
2 Va May
25% May 20
91
July
9
9
24% Jun 10
23 3/a May 29
112
July
25% Jun
8
28
9% May 10
74
May 20
14% Sep 17
jJan
.
Apr
131%
Jan
>
44%
3%
Sep
99% Aug
Xs. Jan
10%
23
July
87
10a/4 Mar
59
Sep 17
233/a Mar
4
15
Apr
Apr
13% Aug
1% May
101
13/4. Jan
102
122
112% July 15
1% Jun
4
116% July
Mar
64%
July 23
137
/
Apr
Apr
% Mar.
Mar
14%
Apr
8% May
55% Jun
13% Mar
11
101%
May
Sep
7%
Jan
3
Jan
x40% Mar
jJan
3 Va
53/4
14%
%> Oct
19%> Jan
10
Feb
79%
Jan
20
•Jan
I63/4. Dec
110
[Feb
15%: Dec
5%1 Nov
61
65
22 3/a July
16
12%
Sep
48
22
373/4
Jan
:
16
44
5%
% Jun
1% July
i Nov
31 %
Apr
6
Nov
107%. Jun
May
33/fo May
Jan
109% May
% Jan
4
6
Jan
143/4 Nov
50
Jun
Dec
July
30
16
May
j
128
84% Sep
1%
Oct
Feb
Nov
Jan
%f Jan
,
Oct
i: ,Feb
Hi Jan
2%; Jan
73
Nov
82
t
13
Jan
27
i Dec
56
Jan
83%, Dec
41% July 17
10 %
Jan
27
108'/a July 14
60 Va
Jan
90%; Dec
13/4
Jan
4% Nov
Jan
813/4; Dec
97% Aug 25
45% Sep
101% Sep
93/8 Apr
95
Sep
20
2
29
17
2% May 10
6 3/4 Apr
7
17
July 13
133/a May 29
x58
A SeP
1
Feb
Dec
%[ Nov
4
Sep
5%. Jan
6
Mar
83/4. Dec
29% Feb
3
37
Sep
6
Apr
22% May
32
Nov
26
July
2
23
25
Feb
18
Apr
1
13%
Dec
183/4
Oct
32% May 10
193/4
Jun
25 %
Feb
par
No par
100
1
Greyhound Corp (The)
5%% conv preferred
Grumman Aircraft Corp
Guantanamo Sugar
8% preferred
17,000
Apr
24% Jan 27
15
Jan
6
21% Jan
7
100
L)
May
2% July
20
No par
Co
Preferred
(H
8
Sep
Jan
25% Jan
90"% Jan
4% Jan
par
8%
Sep
Jan
1
jJan
21
16 :.
107
*
2 3/4,
2%
11
Sep
143/4 Apr 26
53% Apr
2
10% July 14
Jan
10
City Steel
(W T)
Green
Jan
par
par
—1
5
preferred
Green Bay
1%
73%
24%
83
13
12
14
8
9
11
Co—..100
No par
No par
400
493A
(B F)
Sugar
12%
39%
1
41
<
100
Co
Great
30
434
2
No
*12%
774
Jan
59
Jan
143/4 Jan
50
—1
Prop
preferred
700
2
Jan
2
Mar 9
Jan
4
Jan 28
Jan
5
Jan
2
Jan
2
Jan
5
par
Great Northern
160
Jan
A Jan
preferred
preferred
Goodyear Tire & Rubb
$5 conv preferred
Gotham Hosiery
Nor
123/s
xl04
'
%
31%
15%
9"%
60
No par
No
5%
5%
aa
par
Gr
8,100
4Va
Goodrich
13% Jan 25
4% Jan
2
103% Jan
5
2
4
2
4
2
5
No
(The)
conv
Jan 12
Jan
7
Feb
2
Jan
7
Jan
2
14
(Adolf)
Granite
19%
142
4%%
Gobel
13
22
9
28
14
43/4 Jan
60% Jan
3,400
a//
60
19%
.
Co
Jan
Jan
Aug
July
Jan
143/4 Jan
8,400
25%
147
60
Glidden
129
44%
126%
U 17%
2%
:
8
May
,■
.5
1,800
:
34
113%
1%
93
83%
,.
2
4
5
5
2
2
No par
No par
Brothers
Grant
200
-
/
Jan
Jan
Jan
Jan
Jan
Jan
4
4
4
Co
$6 preferred
1,000
273A
:
Glmbel
2,200
17Va
:
19
4%
10
253/4
493/4
143
16,900
15
24¥8
142
403/a
98
1%
*145%
8 3/8
800
8 3/a
25
142
100
107%
/V
$5
Gold & Stock Telegraph
8%
147
9
2%
7%
71%
20%
130%
30%
16% Jan
15% Jan
108
Jan
20
No par
Goebel Brewing Co
40%
1%
Rubber
&
Safety Razor
conv
preferred
700
7,100
107%
40%
Tire
Aug 23
4% Jun
15
100
Instru
290
44
8%
24%
,
100
2,500
2%
>
993/4
.••*145%
.v:
2,200
82%
43%
*49
,
300
1
*80
100
12,200
47
2%
823/4
43%
300
20 3/a
*%
—1
Telephone
General
133/4
*46
No par
Gillette
84%
20%
No par
preferred
1,800
72%
*82
2%
82
98
Utilities
opt div series.
Refractories
Time
4,000
7%
'71%
}«
1%
Realty &
$6 pref
6%
22
73/4
72
46%
*94
Gen
7,700
111%
243/4
12%
4%
preferred—No par
1463A
12 Va
Va- 142
Gen Steel Cast $6
243A
*12%
87/a
1,370
23
n
100
863/4
*19%
46%
"2%
General Shoe Corp—
>110
20%
a
1,300
1463/4
18%
4%
23
a20
•
100
1
15
■
85%
13%
2%
No par
preferred
15
V:
58%
18%
.141
15
84%
20%
47
Railway Signal
6%
General
24%
49%
13
,
Gen
par
10c
400
147 Va
18%
No
preferred
4,400
24%
49
$6
•
22
73/i
*
1
19%
*57%
148
; i- 147%
par
Equip Corp.
49%
147 %
58
No
Precision
19%
58%
150
58
par
X49%
♦57
♦148
par
No
General Printing Ink
30
39 5/a
28
27%
'•¥
..No
Adv A
Jun
!■ "
1%
107%
17%
17Va
Corp
2,600
20%,
110
36%
•
Nov
6% Jan
4
Jan 29
37
Jan
4
5% Jan
4
134
Mar 1
4% Jan 12
par
100
10
Public Service
8%
10%
*35%
173/8
Motors
Gen
40%
.
143/4
*25
97
102
par
No par
Common
30
1%
4% /
a/'
Apr
51
—No par
Outdoor
Gen
800
94%
4%
85 Va
110
11
No par
No par
Corp
preferred...
400
1 %
107%
98
434
12
19% Jan
;',V;
preferred
Gen
4,200
8%
1%
Jan
36% Jan
1% Jan
1 %
20
22
100
40
1%
10%
V
:
preferred
$5
r
1,300
107%
8%
1%
18
1% Jun
10O
Foods
General
1,800
.
7%
19%
19%
13%
44
8%
10%
5%
400
.
110
a
*108
1%
84
83
15
Z
5%
73/8
*13/0
20%
13%
43%
107%
15%
10
No par
General Mills
400
27,000
20%
*109
15/,
85
82
*14 ¥4
7%
111%
72
1
2%
■>'
20
73/4
3
1%
15
5 V4 ¥
20%
87%
*110
22%
44%
8%
23
20
84
100
86
723/4
13 ¥a
85
*143/4
22%
44%
98
35%
55
19%
111%
83%
♦94
'
129%
35%
liu
55
143/4
*2%
41
1293A
1%
55
85%
403,4
8%
19%
110
1%
19%
■/a/-
100
2
4% May 17
t$6 conv preferred series A.No par
120
34%
■
203/4
19%
22%
1
Jan
143/a May 26
1——No par
Cigar Inc
t$4.50
160
52%
•
110
l3/a
111
1%
87%
*46%
38%
6
__5
Gen Gas & Electric A
14,000
134
129%
*109
>
a
.52%
*7%
7%
110
193/4
22%
45
Apr
Apr
2
No par
-No
Electric Co..™
General
280
1%
134
20%
20 3/a
56
107%
108
134%
129%
15
203,4 '
100
134
53%
*110
l¥a
10%
106%
52
13/a
1%
; *14%
*104Va
45%
100
98
♦94
107
85
;
100
8%
*105'/a
53%
*109
1%
13%
3
107%
■■.t 7%
13/4
203/4
*83
1
112
7%
111
*143.4
10% Feb
Oct
27 *
11
par
Corp
•
203/4
Jun
38
1% Jan
preferred—--——--100
'■
8,457
121
45
85
45
40%
No
preferred
General
21,800
' i 41% -41%
/"
1%
20%
v/
5
22
9% Jan
—.—-.5
—
cum
7%
200
*109%
5¥a
110%
*13/a
11
Jun
2Va Jan
5
Cable Corp
Class
500
,
38%
¥ *120
>.:;71%
20%
7%
47
1
.
2%
84%
*107%
No
General Baking.;
$8 preferred
200
148
38 V4
112
5%
22 3/8
20%
119%
13/4
¥•
20%
7%;
*109
*71
14%
*46%
47
44%
100
-
No par
preferred
Gen
Jan
18% Nov
38% July 10
31% Jun 10
__50
Gen Amer Investors.
Dec
Nov
64
par
No
"
12%
136
12% Jun
1
Inc
42
Apr
May
143/4 Sep
14
preferred
Amer
9%
16
12
$6
1
27% Mar
114
17
-
-No par
(The)
conv
4
Jan
Sep
11
t5%%
5
12
5 Va
363/« Mar
i 11% Jan
Sep
Feb
5% Jan
Jan
440
*109 Va
2
34%
20%
85
193/4
1
2%
1
—
May
19% May
83/4
33
3
2.400
•
•
87
112
128%
111%
73
119
iid:
5 3/8
*20
8
13%
84%
1
8
51
7
50
9% Jan
4,100
7¥a
*2<s Va
-
41%
203/4
20
86%
223/4
73
41
41%
5¥a
*110
7%
8
69 V4
•46%
May
10
Industries
4,600
5%
*145 Va
385/a
523/4
''
:
21
July 15
20
3,500
I33/4
*86
148
x38
134 ;/ 134
34%, H":
20
22%
//'■
7 3/4
*
5
16% Jan
1
a
149 Va
.
*13
29%
*145
38%
1%
107
,
128%
5%
19%
23 7 \
*110
22%
107%
128%
'
♦110
* 134
112
19%
193/4
112
118%
;V/:/ v;"
53 %
*53
/
87%
23
23%
*23
*110
107%
13/B
55
19%
14%
,
58%
19%
V.'.
2
112
*110%
1%
13/8
1%
58%
:
41%
118%
*109%
34¥4
5%
*1%
>
20%
♦110%
129%
7%
1%
41%
53%
108%
7%
40 3/4
•133
20 3/B
108%-
• <
r
5%
20%
*1073/4
-
54
*128%
5 %"..■'
7%
.
129%
110 ;
53%
34%
20
Jun
~
38¥4
1%
134
5%
140
9% July 15
7
Mar
5
100
8 ¥a
5%
3/4?'
13
*28%
145 V. 145
v/'t
73/8
5%
13%
87%
145
3 8 3/a
118%
2
134
*34
11
"
*7% 7
1%
5¥a
28%
28
¥
41 :'
41
*107
•128%
3
127
Gaylord Container Corp
3,100
110
43
149%'
*133/a
¥
87%
145
39
♦133
■
39% Feb
Z10% Jan
(The) cl A...
(Robert)
Wood
Gar
50
*106
1
/
>
43%
¥
8'A
8%
7/7%
13/B
5%
:Ai' *13%
27%
144%
38%
7%
/
88%
85%
H 0 CO
53
—.10
-———10
'
7%
110
*108
13% July
preferred
•
41
4
Inc
Co
Gamewell
900
51%
93/4 Jan
preferred—-———100
conv
6%
8,000
13%
50
—1
Corp
Trailer ' Co
Gabriel Co
280
•k::ry
13%
5
Sulphur Co
Fruehauf
2,500
57 ip-s
13%
52
'10%'"
110
8 Va
'
26
5% 7,
13
3
3
2
conv
Freeport
60
13
3
*12%
8
3% Jan
30% Jan
'
110
44%
4%
5%
♦13
52
*106
45
:/;7- 5
-
13
3%
V
110
*2 ¥4
12%
5
:
*109
2%
3
3'/a
12%
13
10,700
70
28%
v
109
2%;
12 3/g
J
28
19% Jan
10
100
+_
preferred
...—No par
6% prior preferred
25
Francisco Sugar Co
No par
F'k'n Simon & Co Inc 7% pfd
100
160
34%
13
Va
10%
,f 106
*146
109
!
-No par
Corp.....
preferred
Food Machinery
Foster-Wheeler
$7
34
*26
"
52
8%
145
38%
109
*60
-
3,900
20%
11%
:
70
*28
28%
20%
12%
1,100
163/4
Steel
conv
Food Fair Stores Inc..
128%
34%
*12%
10Va
27%
*143
*28
110
'
2%
3Va
14%
*84%
*109
13
44 >A
149%
7 Va
14
Z
12
34
t5%
300
r
49
-
163/4
*125
20%
*60
34
13
%} 8%
\
12
75
12%
*60
26
106
20'/a
20%
410
12%
49
128%
Follansbee
1,500
46
*12
16%
*125
Florsheim Shoe class A
200
7¥4
*45%
50
16%
17'A
12
/
*51 %
•:'V
*49
50
130
34
5
110
12%
*60
13
v<: 44% :::44%
12%
27
*7%'
V.
45%
34
26
52
12
20%
27
'
7%
■
45%
75
3 '/a
13
17%
*125
20%
*20%
;
49%
17%
130
27
1%
k.
3374
5 Va
13
50
J
17
109%
*12%
25%
50
*125
7%
29
♦23A
13
25%
12%
12%.
*108 3/a
;:
12%
75
*28
3%
♦12%
12%
8
34
-V
33%
109
12%
20%
12
*60
33%
46
18
20%
75
33%
45
133
17%
♦125
20%
*60
yxziy
46%
49%
493/4
18 %
133
28%
7¥4
8
46
12%
*12%
49%
17%
*125
*26%
8
46
45 a
No-par
10
1
No par
100
No par
No Pnr
35
Corp..
23% Jan
138
Jan
273/8 Jun
153% May
11
22 3/a
8
130
10
19
65
27
50
49% July 27
May 27
25
4
4
Jan
2
Jan
2
Jan 19
Jan 12
Jan
2
21
10%
13% July 16
10
57% Sep
31% Jan
14%
11
10%
2%
81 %
3%
25%
2
2
22
Jan
Jan
453/4 Aug
2
22% Feb
11
Jan
17% May
4
July
Apr
Apr
33%, Jan
Apr
14%,
11 %,
14%,
3%,
9 '/a May
1% May
12
48%
Jan
5
2 Va
Jun
18
Jan
Apr
Mar
11
41% Mav 12
Jan
,
July
Jun
5
28%
143
Nov
63 %< Nov
1603/4 Jun
10% May
9%
Jun
Dec
Aug
Jan
Jan
, Sep
4% Oct
86
33 %
Oct
"50% July 26
V/ j.
H
*27
28 ¥4
*27
22%
*27
2834
♦27
28 3/4
*36%
37%
*36%
37%
*36%
37 %
*36%
*16%
16%
16%
16%
*16%
16%
16%
*13
*107%
For
14%
108
footnotes
14%
>107%
see
14%
109
page
1259.
*13%
>107%
14Vi
108
♦13%
*107%
*27
23%
*27
28%
37V2
*36%
37%
*36%
37%
16%
*16
16%
*16
16%
300
Hall
14%
100
Hamilton
14%
108
*13%
>107%
141/4
108
*14
*107%
108
.
Hackensack
7%
6%
■
;;
Water
preferred class A
Printing Co
Watch Co
preferred
;
23
25
10
No par
100
35
Jun
1
12% Jan
5
9% Jan 18
104% Mar 13
28% Sep
38
Anr
3
13
18% July 23
193/4 May
Apr
35
8 3/4 Mar
13
4
8
J"'n
110% July 28
95
Mar
15% Jun
Feb
2*
29
,
Dec
! Aug
11%: Nov
.
Sept. 18
Sept. 20
Sept. 21
$ per
S per
share
*106%
107%
16%
16%
share
■
*
6%
6%
*6
*105
7%
106
7%
*105
2%
2%
7%
mM
*7%
7%
2%
2%
2%
2%
101%
101%
101%
102%
101%
67%
67%
68
*66%
68
*163
16%
168
67%
•
*18
19%
18
*21%
22%
>
*115
117
*115
117
*115
19
*17
19
*17
19
*17
*22%
23
22%
22%
*21%
22%
37%
37%
37%
37%
*14%
15%
*14%
15Va
'300
1'3%
13%
13%
13Va
3,500
22%
22%
37%
35
35 Va
35 Va
35%
36 %
15
15%
15%
*15
15%
15
15
12%
14
14
14
14
14 Va
13%
13%
i! *115
117
*115
;
117
41%
*41»a
43
*41 Va
54%
55
111%
*110
112
61%
61%
7%
7%
7%
34%
34%
7%
35 Va
1%
8%
8%
1%
*1%
•;
1%
*6%
7%
*1%
27%
27%
27%
27%
9%
'9%
9%
9%
1%
•
1%
■;
127/a
13%
1^%
29
46
*45%
•
:
^
171/4
93
93
*160
Va.;-
75V«
75
11%
11%
11%
*113
8
*7%
*34%
114%
7%
7%
7%
7%
7% '
8
7%
8
7%
8 Va
*113
;
8
71
71
69%
'
.
:v.
2%
31V4
133%
12%
12%
12%
12%
''x65%
66%
65
65%*
12%
12%
12%
66%
68%
9%
9%
9%
*42%
14%
46%
120
14%
14%
14%
18%
18%
18%
*14%
15
14%
14V8
*30%
14%
*14%
*33
*106%
109%
30%
30%
*140%
14 %
14%
32%
331%
*32%
*106'/4
109%
*106%
IO91/2
22%
*58%
58%
*77
V
*77
22%'.
22 Va
*58
-
-
_
900
91
90 7a
*129%
*77
V '
■
*77
•
"
-
22%
22%
22%
22%
22%
58 Va
58%
58V4
*57%
59
*58%
71
*68
70%
*69
71
*69%
71
71
71
71
*69V2
10%
11%
11
11
*10%
11 Va
llVa
*10%
11%
200
Dec
100% Apr
6
7
74
May
100
Jan
July 23
153
July
163%
Dec
5
78% July 24
54
Apr
74%
Feb
10
Jan
6
15% Apr
8
8% May
12%
Jan
1
6
5%-Apr
6%
Feb
Oct
23%
Jan
100% Aug
111%
Feb
10%
Jan
168
8 % July
6% Jan 27
•
38 % July
21% Jan 28
Jan
6% Aug
3
6
2
Jan
162
24
28
40
July 27
147
May
4 % May
'
Mar 25
138
12
Apr
126%
7%
5
45% Jan
2
68% S6p
;,4
11% Jun
July 16
44
Apr
5
38% July 26
50
>7
49
102% Jan
15
115
6% Jan
7
16% May 10
6% Jan
7
16% May 10
18% Sep 21
9% Jan
.7
90% Jan
14
No par
10% Jan
4
—1
1
27% Jan
5
135
19
100
Jones & La ugh 1 in
5%
5%
21
27
136
79
No par
19'/a Jan
7
26% Apr
100
54% Jan
7
65
100
64% Jan
8
8% Jan
4
Joy ■ Mfg Co
:
Apr
7% Nov.
10%' Nov
95 V
Dec
32% Jan
138 ' Nov
10%
Jan
Nov
33% Jan
107% Jan
May
50 % May
122
Jan
11
Apr
Apr
85
73%
129
Jan
Dec
Nov
16
5
:
^Apr
6
12% Jun 25
17% May
53% Dec
24%
Jan
64
Jan
61
82
..
- -
-
Oct
7% Nov.
18% May
July 21
Aug 28
££ —1
Steel.
pret■.•series A—.
pref series B conv....
104 Va
Jan
5%
8
Jan
78
Oct
May
'1%
127
Jan
126
Feb'
39%
24%. Apr
Aug 16
70
,
Feb
32
7%
July 14
•
48%
.88% Apr
3
10
34
Mar
May
May
2
Jan
6% Jun
!
109% Aug 19
91 7 Sep 23
•v.'96.i/8 Mar 30
Jan
39 ;
2
16% July
12
Feb
26
100
Nov
46%
26;
*
32% Apr
145% Jun
,A»3%
Oct
94
21
Jun
Jan
Oct
26,
>■
' July 14
18
5
Jan
;
111% Aug 26
9% Jan
;
—;
■
1
60%
il%
Jan
r Sep
Oct
Dec
.
15%' Jan
Dec
30%
11
4
30%
136
Jan
.
Dec
Dec
4% Nov
43% Mar
20
3% Jan
Jan
■.
;
6
.;
12'A
57
Apr
1% Apr
24 % Apr
July 14
13% Jun
8% Jan ;; 2
July
/ % Jan
38
2
,
36% Apr
28% Jan
130 ;
July
:
Jan
166 :
% July
3% May
10
6% May 11
3% Jan
8
151% Jan
61% Dec
Apr
177
9
% Jan
y
Apr
5% May
109% Mar
6
Sep
74% Jun
20
Jan
5%
9 % Mar 29
9% Apr
177
144% Jan 20
56% Jan
18%
Mar 29
115
21
106
36
200
;V.V;
11%
*10%
11%
200
Feb
35
Jan
Joiiet & ;Chic stamped:.—i
6,900
59V4
22 V4
22
''
■
'
22%
58 Va
16%
Apr
28 -i
Preferred
Oct
Sep
39
4 V4 fo /preferred————.
\l Johns. Manville
4 Va
10%
International Salt--:
No par
International Shoe—— .--.-No par
preferred—————
Jan
21
71% July 12
133
59
Jan
88
158% Apr 17
.
91
133
90
23 Va
71
'
6
Mar
28
>
37% Jan 11
Jarvls (W B) Co
Jewel'Tea Co Inc
..
:
'
6,100
%
*129%
90 Va
133
*77
'
'
>
2%
Oct
23%
42
Jan
V 62
preferred-—_——100
Island-; Creek. Coal—L—
1,600
14%
109%
May
«
Nov
9%
Jan
May
19% July 22
19
—25
Intertype, Corp——
,
900
5%
13
32%
May 10
67
$6
34
-
Apr
19
143
*140%
143
1%
5Va Aug
Jan
44% Jun
11% Jan
32% Feb
——
1,300
30 %
30%
*14%
*129%
.
'
70
•
30 Ve
14%
90
133
X.
15%
xl5
15%
*
'
*77
*
*14%
143
5,100
18 Vb
110%
33%
*1061/4
90%
-
17%
110%
331/4
,
109%
90%
*129%
133
18%
14%
34
90%
*129%
*140%
15
33%
90
88%
133
30%
30%
143
14%
2,700
Nov
ft Jan
2
2% May 10
13
preferred—
100
■V Intern'l Telep: &;Teleg_
No par
:iy: Foreign,share ctfs
-i-No par :
Interstate Dept Stores
No par
Preferred
——100 ,
28,400
14%
110%
*110
15
15
14%
14%
Dec
lfc
5%
Jan
7%
14%
l'/i Aug'
Jan
4
100
International. Silver—.—;_i
<,
120
*111%
14%
xl7%
18%
*140%
*1061/2
103 Va
14%
14%
110%
y
1,000
49
49
49 -vi
700
Feb
6
-
400
%
36%
Oct
34%
3%
11% July
11% Jan
com*
*4%
5
par
& Chem—
Apr
23%
16% May
No par
:—No
Sep
106
May
2%
Apr
48
Inter Rys-of Cent Am——No par
5 c/o preferred——
100
•
96
Jan
55% Jan
.<•-*. 5 %
Dec
%
5
y
44%
16%
31% May
'.tPreferredv—-------lOO ;
international' Paper Co——:
-15 ;
390
Apr
29% Mar 30
Jan
par
tPreferred
3,600
Nov
29% May
Jan
:. •
;
11%
9% July 13
37
No par
9,700
m
42%
y
36%
120
14%
14%
18%
15
30
*33
*111%
110%
14%
143
14%
33%
87
14%
*47%
.
18%
*110
15%
48
120
*42
36%
\i
66%
*65%
42% ■J 42%
36%
110%
18%
18%
10
42%
14%
14%
*14%
-14%
66%i
10
37
48
'111%
15-
14%,;
14%
29%
14Va
33
*129%
49
65%
:67
67
66
-
42%
*36%
*111V*S 120
*140%
144
*106%
•
1
30%
30%
*140
47
•
110
110
110%
*110
*
63
,
36%
12%
-'40%
10
,
100
38,000
12%
Oct
Jan
30%
18% Jan
100
Harvester
Feb
39%
18
'
preferred
———100
Internal,*1 Mining Corp—
1
Int Nickel of Canada-———No par
2,300
6$%
64%
v..:
No
Co~
Feb
Jan
8%
2
100
;.
Jan
27
100
8
Dec
38 Va
July 12
v
7%
115
Oct
17
4$>
15,500
114
Dec
Nov
18%
Dec
Dec
18
No par
■■
Mar 10
105
100
Intemat Min
134%
1212-
12>/4
57% July 30
July
j
2% Jun
Int, Hydro-Elec„Sys class A
5%
30%
*133
f
100
30%
5%
5%
134%
*133
10%
9%
42%
36%:
■v:
120
14%
14%
v
47
63
62 %"
42%,
36%
*111%
46%
*45%
9%.
9%.
43%
36%
37
*111%
63%
63
64%
43%
rtr'
134%
>133
2
2
2,000
V
17
30%
30%
31%
30%
30%
133%
Steel
Internat'l
250
66
5%
5%
5%
5%
5%
*16%
*63:::
17 % July 22
2
2,800
16%
*63
5
Jan
Int; Business
7,600
66
16%
65
71
1%
2 % ."
2
.
16%
65
31%
67
*63%
16%
134%
12%
**42%
2%
2%
17
65
177
2
12
45
15
17
21%
10% Jun
Interlake Iron—.
Machines—
y
900
174%
20
7
Intercont'l Rubber
400
3,900
174%
174%
174%
31
66%
:.f*36
174%
7%
70%
?
71
42% Sep
Jan
29% Nov
Jan
110
9
8
preferred-:—-
6%
10
7%
176
176
70
700
>
115
7%
:
7%
175%
*133 %
31%
134%
*9
7%
•
7%
7%
*7%
71 Va
2%
2
*63%
5%
5%
70%
174%
175
17
17%
"r
71%
71
175
r;
65
*63%
U
5%
5%
31%
*133
173
17%
17%
65
^
176%
*175
1751%
175%
71%
*2
2%
2%
17%
*63%
;
172%
172V4
'
•-
"
172%
V&i
176
175%
175
175
114%
114%
7%
7%
'7%
*114
115
200
34%
34%
35V4
*114
115
5
9% Jan
44 */■' Jan
Inspiration Cons Copper—:
20
Insuranshares Ctfa lncii-i-^^——1
Interchemical Corp
No par
5,200
8
8
8
341/2
35
35
*113%
11 Va
11
11%
*7%
75
Jan
36% Jan
———No par
*_w———100
'
74%
31
8
Oct
Dec
102%
Jan
12%
17
Apr
115% Jun
8
22
Dec
48 Va
Mar
6
17% July 12
6
Jun
12% Sep
7
Inland
Industrial
164
Jan
7
115
4% Jan
Indianapolis P & L Co
2,100
93%
93
*160
75'
11
8
«
11
14%
2
% Jan
Co
75%
12% Mar
25% July 13
40% July
4% Jan
900
39%
39%
39
933'4
164
75
11%
*7%
35
'
7%
75
v
11V8
11%
35
35
114%
*7V4
75
8
'*7%
•:
35
75
1,000
6
1
ctfs series A
RR See
850
16%
21% May 10
18
21
Nov
134
Mar
14% Jan
16% Jan
22% Jan
Rayon
9%
16%
93%
79
100
Ingersoll-Rand
6 % preferred-
*9%
*160
Aug 16
5
4%
lines
118
41% Apr
800
9%
>16%
x39
93%
165
160
Leased
•■
5
1000
No par
No par
9%
39%
*92%
*
45%
'iv
Jan
Oct
Feb
14%
30% Mar
4
preferred series A—1
6%
60
16%
9%
17
39%
40
93%
400
Central RR
Illinois
;
6,100
-
45 Va.
46
46
12%
28%
Feb
July 14
30% Jan
tHupp Motor Car Corp
12%'
Apr
2
136% Aug 26
63%' Apr
:
Hudson Motor Car..:
*27Ve
51
125,
Jun
87
5
—No par
5,100
3,000
Apr
100
No par
Manhattan
1%
10 %
71
-25
Hud Bay
9%
3
4
par
t c
preferred—
Min & Sm Ltd
5%
17% July
158
Apr
9
5
9%
28
*27
46%
*46
165
74%
8
7%
35
28
'
&
Hudson
100.
3,000
141 %
59% Aug 31
2
3% Jan
Co.J-No
v
Howe Sound Co
700
.
27%
9
28% Jan
100
of Te leas
Jan
Mar
May
No par
preferred—
Houston Oil
*1%
*;■
12%
12%
13
12%
9%
11%
11%
1%
16 3 4
75
*73
1%
1%
9%
*160
165
V
*160
9%
17%
93%
93%
93%
: 165
9%
*27
64%
39%
40
40
397/a
39%
9%
*9%
,
17V4
17%
27V4
8
May
Jan
-No par
;
Houston Light & Power
3,100
8
*7
.''27%
t5 %
1,650
20,200
:
2
2
2
8
27%
17%
10
9%
9%
8%
17
*1%
*7
27%
1%
28
*46
1%: ■;
Household Finance
1,600
-
1
35%
35
35 V4
x35Vt
9B'a
13
12%
*27%.
46
46
8%
27%
1%';
1%
29
:
9%
.
13Va
27%
8%
-
(A)_
Clasf • Bi——.——
"1,200
62 Va
8%
V
111%
62%
8
*7
,
.
27%
27%
/ • V 9%'
1%
1%
'
27%
;:-J*
8
"
1
*53%
*110%
61 7b
8
35'%
1%
2
:
*7
7%>
"7%
35
35
55
55 Va
110%
8%
35
-
r 1,800
'
61 Va
61%
V/; :
7%
34%
61%
*■
15%
110 Va
61%
Hollander & Sons
9,200
44%
*54%
543'4
111
*110
^
60%
167
%
100
Holly Sugar Corp
No par
1% preferred100
Homestake,. Mining——
12.50
Houdaille-Hershey cl A_
.—No par
50
15%
15 %
15%
(Del)..
Holland Furnace
900
42%
*42 Va
45
*42 Va
15%
5
2
49
10
1
10
5
(C E) The
Hires Co
4,490
-
117
41
Dec
Jan
12% Jan
—No par
Hlnde & Dauch Paper Co__
100
19
*115
42
403i
44
•
54%
.
112
*110
61%
60%
15Vi
54 Va '55
55
111%
*54
*41
*15%
115
115
41%
40%
43 Va
15%
/
117
*115
'
41%
•
*41%
15%
15%
117
41
43%
15
15
35%
.
42%
42%
41%
117
117
*17
8% Nov
Jan
73
*115
May
1%
130
—
Dec
88
Jan
58%
No par
100
Jan
4%
94%
100
No par
No par
68
*66%
Jan
,
Jun
152
100
cum
80
146
45
preferred.:
Hershey Chocolate
$4 conv preferred-,
6%
16%
3% Mar
22
Jan
104
79%. Apr
Hercules Powder—
100
>
V
3% May 10
110% July 23
71
Apr
2
Hercules Motors
80%
136
*134
68
*66%
*14%
*115
80%
.
Apr
6
1% Jan
56% Jan
2,000
~
81
Apr
xl26
5 % May
2,200
16
16
16%
136
*134
$ per share
10% May 28
93% Jan 20
25
W),
106% Sep
2
Jan
6% Aug 30
,25
Preferred
168
*163
(G
Helme
600
66%
66%
67
168
5
13
Apr
12%
18% July
6
144% May 14
7% May 29
3
86
98
107% Sep
6
Feb
4% Jan
2
Mfg Corp
tHazel-Atlas Glass Co..—
640
22%
22%
*36
Hayes
-
-
102
18 ;v
117
*115
117
*115
5,200
2%
2%
,;V,\ 16 Va
803a
68
*66%
68
*66%
67
67
67
*66%
16%
1,200
*101%
*65%
136
*134
7%
preferred
Hayes Industries Inc
2%
*163
80
79%
79%
135%
135:
136
*135%
;;
16%
79%
79%
79 %
r.
79
136
16%
16%
16%
16%
16%
*78%
*135%
168
*163
168
*163
168
*163
*66 Va
68
6 % %
106%
Highest
t per share
6
13% Jan
135
100
_1
100
1
_
7%
99% Jan
par
class A
10
102 Va
101
103
preferred
Hat Corp of Amer
400
;g
r.
/ .•
$ per share
$ per share
No par
No
Refrac
*105%
7%
2%
2%
2%
101 %
101
7%
6%
Lowest
Highest
.
Co $5 pfd
(M A)
Harbison-Walk
1,600
142
'0
*105%' 106%
106%
7%
-'
'
■
Hanna
16%
*138
6
*5%
Lowest
Par
107%
*15%
142
*138
106%
106%
7%
.
16%
Year 1942
Range Since January 1
EXCHANGE ' M
<
Shares
share
*106
107%
16
6
*5%
5 per
share
*106
142
*138
6
*105%
106%
the Week
16%
16%
142
*5%
6 V4
Sept. 21
j per
107%:
*106
16%
*138
&
142
*138
142
138
Sept. 23
Range for Previous
v
NEW YORK STOCK
Sales for
share
$ per
107%
16V4
16 V*
16 V-i
Friday
Sept. 22
share
*106
107%
>106%
Thursday
Tuesday 'V-'y-:;
Monday
$ per
STOCKS
HIGH SALE PRICES
Wednesday
AND
LOW
Saturday
Monday, September 27; .1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
1254
79%
Jan
11
Jan
13%
Dec
May
7% Aug
k
19 Va
19
18%
7%
*23%
24%
19
19%
19
*122
124
19%
124
*122
7%
7%
7'%
7%
7%
24%
24
23%
23%
23 Va
23%
23%
16%
16%
16%
16%
10%
16%
16%
*101%
102%
*101 Va
102%
*101%
16%
*16%
16%
16%
*106
*108
21%
21%
21%
14 Va
14%
14%
*112%
31
31
31%
30%
Va'*.'
19 %
19%
19%
19 Va
*32%
34%
*32%
34%
*
55%
*54%
56
24
25 %
23%
23%
5 Va
5
5 Va
5
*54%
21%
*14
16 Va
8 Vb
8'/a
■
21%
19'A
*32
k
5>/a
*54
h
24
*8
31
19 V4
*
33%
*32
19 Vb
*5 Va
5»/4
55%
*54
24 Vb
24 Vb
8%
8 Va
*101%
16%
16 Va
*106
14
14
500
*19 Vb
19%
19%
*31%
32
31%
32%
4%
20,800
•31
19'/4
•
45-
31%
;
5
5%
*54
55 Va
54
54
24 V4
24
24
24
24
■
400
100
1,900
5
55 Va
5%
'
*7%
8
8
8Va
■
*7%
8%
31%
32
32
32
32
32
32
31 V»
31%
31%
31%
31%
32
31%
32
31%
31%
31V4
31%
*13%
14%
*13%
,65%
25 V4
65%
65
65
25%
25%
25%
18
10
2,800
.
400
8
31%
;
31%
31%
l:i;
31%
1,400
3,200
'
14%
13%
*64
25%
13%
*13%
14
65
*64
65
.
'
26
25%
V
18%
18%
17%
38%
38%
38%
38%
38 Va
38'%
38%
26 Va
25 '/a
25%
26%
26%
*26%
6
25%
18
38%
5%
*63
26
18
26
115
115
65
13%
:.v
•
170
100
65
26%
2,100
1
18
114%
13%
13%
64
25%
26
19
18%
13
..
115
6 Vq
Va
63a
*113%
6
18
115
114
5%
6 Vb
*38
27
26
114
39
*114
6
%
5%
1%
*17%
:
■
18
:
800
38 Ve
38%
500
26
'
26%
26 Vb
1,500
*114
115
5%
5%
115
70
5%
5,100
1%
1%
1%
2,700
16%
16%
16%
1,300
29%
29%
3,500
20
20
1%
1%
16 %
16%
*16
30%
X30 %
30%
20 Ve
20%
20%
& L pf ser B
preferred
Dept Stores
conv
Apr
11%
Feb
Sep
Dec
Dec
4%
Jan
9
Dec
May
Class,-.B———-——1 •
83
Jan
15% Jan
2
V 8% Jan
4
16% May 11
<
Dec
100%. Jan
Jan
100
105%
Jan
Jun
37%
Jan
11% Apr
15%
Dec
July 15
24'/a
Jun
29
Jan
13
6% July 26
1%
Jan
2'%
34% Jan
12
58% July 29
30'/a
18% Jan
2
24% Sep
22
2% Jan
11
10% Apr
3
23 % Jan
4
Apr
24
7
35% Apr
8
2
20% July 15
Jan
7
34
1% Jan
102
Jan
15% Jan
29
28% Jan
Keystone Steel & W Co
Copper——No par
No par
Kimberly-Clark—
No par
Kinney (G R) Co
1;
1
$5' prior preferred
No par
Kresge (S S) Co
.10
Kresge Dept Stores
1
Kress (S'H) & CO—
No par
Kroger Grocery.& Bak——No par
7
17 v Sep
110% Aug 31
24% May 11
Kennecott
25
>
24% Feb 26
113
32
;
<
Sep
32% May
26%
Feb
Sep
40%
Feb
Mar
22%
Jan
2% Jun
3%
Jan
17
19% May
20
6
22 Va
.27
Jan
Apr
29% Jan
13
Apr
4
16% May 21
72% May 21
7%
Jan
21%
Apr
41%
Sep
—No par
17% Jan
7
29% Jun
7
11 Vb
Jan
18
Dec
Lane. Bryant——-.:
No par
Lee Rubber'& Tire.———_——-9
11% Jan
7
19% Jun
18
11%
Dec
26 % Jan
27
39 Va Sep
2
28
Dec
23 Va
Jan
Laclede Gas Lt Co St Louis
&%■ preferredLambert Co
(The)
Portland Cement-.
4% conv preferred
fLehigh Valley RR
Lehigh Valley Coal
6% conv preferred
Lehigh
30
20%
30%
30%
30%
20
20
20
20
20 VB
37%
37%
37%
37%
37%
37%
36%
36%
36
35%
36
1,400
Lerner
40%
41
40%
'41%
40%
41
40%
40%
40%
40%
40
40%
3,300
7%
7%
7%
7%
7%
7%
7%
7%
18,300
Libbey Owens Ford G1
Libbv McNeill & LJbby
Lehman
Corp
(The)
'
6
11%
20%
1259.
Nov
103%
29%
20%
page
29%
-14%
1 %
see
May
Apr
16 %
footnotes
Oct
16
10%
1%
For
Oct
7%
preferred-100
16%
900
17
124
Jan
93% July
1%
7%
' Sep
Kelsey Hayes Wh'l conv cl A——1
1;
Mar
2%
81%
16%
7%
6
Feb
117
103 % Aug
1%
7%
7% Jan
5
9
29% Apr
Aug
2
16 %
7%
13
20
-
2
1%
X36
Jan
23
10% Apr
127
1
16 %
v
2
11% Jan
16%
30%
2
5% Jan
103% Feb
;—
*1%
*
19
122% Feb
—5
preferred
Kayser (J) & Co
Keith-Albee-Orpheum
xl2% Jan
Kendall,Co $6 pt pfd A—-No par
*112%
31%
•
900
30%
19%
/
21V4
31 Va
30%
5%
60
1,900
14
./•;
*112 %
31%
;
21%
/
22
4%
Kaufmann
19% Sep
10
No par
No par
—100
—1
100
Stove & Furn
City Southern
Kansas
1,400
1,100
102%
16%
14
14%
*112%
31%
102%
*xiV4
'
31 Va
V
16%
16%
.
-•
4*106
*106
-
21 %
*112%
*112%
*106
21%
*14
14% ..14%
■
__
21%
4,000
23
16Va
102 V3
16%
17
22%
16%
Kalamazoo
Kan City P
V
'
102 Vb
16%
16%
•
7%
7
24 V4
1,600
;
*122 V'.; 124
7%
*101%. 102%
*16%
19%
124
*122
7%
7%
7%
*19
19%
124
*122
124
*121
19%
*19
Lehn & Fink Prod Corp
Stores Corp_i
100
100
25
—100
50
9% Jan
35
4
Jan
4
29
July 17
107% Jan
27
120
July 20
2% Jan
2
20
ie Jan
2
8% Mar
15%
,
Apr
18% May
v
May
Aug
104
113
Jan
8V» May 19
2% Jun
1
2%
Jun
4
Jan
a
Dec
1%
Jan
5
8%
Jan
No par
50
11% Jan
12
32
25
Dec
1
5
14% Jan
6
22% Jun
26
11%
Apr
14 %
Aug
23% Jan
8
37% Sen
17
18
Apr
26%
31
Jan
12
Jan
33%
Dec
5
Jan
2
Mar
5 J/4
Jan
No par
No par
7
24
Jan
6
20% Jun
July 14
43% July 15
8% Jun
17
17%
20 Va
4
Apr
15% Aug
Dec
Volume
158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4215
AND
LOW
$
70%
•
♦179
180
♦26%
*26%
39
*38%
$ per share
27
*38%
$ per share
39%
*38%
70
70
69%
70
72%
72
72 y2
71%
71%
"
179
180%
*26%
179
180%
27
*26%
27
for
NEW YORK
,
Range for Previona
STOCK
EXCHANGE-
Range Since January 1
Lowest
<
Highest
«
Shares
Par
$ per share
Year
*26%
39%
70
27
'70
*71%
*181
1,400
182
27
,
1,300
71%
•
180 %
200
140
.
27
100
Life Savers Corp
5
30
Liggett & Myers. Tobacco—^——25
■
$ per share
100
Lily Tulip Cup Corp
4
41
62% Mar 25
63% Jan
2
„
Series B—25
t Preferred
Jan
per share
174
No par
Apr
71
2
22% Jan
Highest
•
< per share
Mar
i 33
Jan
'
50% Apr
50% Apr
164'% Apr
4
182% Aug IS
28% May 27
4
24
20
July 26
July 15
73 Va Jun
1943
Lowest
'
39%
70%
180
.:
Sales
the Week
Sept. 24
■
,
.
72
180
*179
27
$ per share
share
Friday
Sept. 23
70%
72%*. 72'A.
73%
STOCKS
Thursday
Sept. 22
39
*70%:71
70%
SALE PRICES
Wednesday
S per
-
38%
38%
HIGH
Tuesday
Sept. 21
S per share
38%
♦72 %
;
Sept. 20
per share
♦38%
I.
Monday
Saturday
Sept. 18
1255
73%
Jan
74%
Jan
177
.
Dec
16%
Apr
23% Nov
22%
Jun
32%
36%
36%
36%
36%
36%
35%
36
35%
35%
34%
34%
♦39
40
39%
39%
*39%
39%
39%
39%
39 %
39'A
39%
40
♦19%
20%
20
20'A
20%
20%
20%
20%
20'A
*19%
20%
1,700
Lion Oil Refining Co—
19%
19%
19%
20 VB
*19%
20
19%
20 y4
19%
20
*19'A
19%
1,700
No par
15% Jan
6
July 20
21% July 27
21% Jun 26
xl7%
16%
17
8,700
Liquid Carbonic Corp—
Lockheed Aircraft Corp.
1
253a Mar 29
60'A
Loew's Inc
11% May
14% May
4,100
No
par
16% Sep
42% Jan
15
59
7
64% July 24
37
Jan
Lone Star
46%
Dec
No par
37% Jan
11
51% Jan
31%
Jun
42%
Jan
6V2Feb
4
2% Mar
7%
Deo
18'A Jan
13
36'A
20
•-<
17%
18
18
18%
17%
17%
17%
17
■17%
60%
61
61
61%
60
61'/a*
60'A
60%
60
60'A
48 %
48
48 JA
47%
48
8%
8%
8%
*28%
29%
48 %
48%
48%
♦8%
8%
9
29%
29
29'A
29'A
19%
':>"• ,19%
152%
19'A
♦150
9
152%
21
21'/a
70
71
33%
33%
30%
30%
30'A
6
*270
6%
♦17%
5%
*260
29
30
•
*13y8
110
21'A
400
17
800
6%
6%
11%
11%
17 y2
17 y2
*17%
3%
3 %
5%
5%
5%
5%
5%
5%
14%
14%
14%
14%
14 %
29%
3,300
Macy (R H)
17'A
to'to 6%
■';
■
18
•
3'A
28
6
3
29
May
Jan
9
1,200
Bros—...
18
300
12,000
910
16 '/a
16%
16% ■'16%
16'A
18%
18%
18%
18
5%
5%
'5%
5%
5%
5%
5%
37 y2
37%
16%
4,000
18'A
■:
11,800
5%
38%
38%
30'/a
*29%
5%
38'%
38
31
Sugar
5%
18%
*29%
320
22%
22%
♦170
172%
*170
59
59 >A
59
5%
59
♦32
34
110
*105
21
21
21%
17%
17%
17%
115
58%
5%
172
*57
29%
29%
'
2,400
1,500
.
200
32
110
*105
110
21
21
21
17%
17%
17%
17%
*110
115
32%
*31%
*110
*31%
2 7'A
27%
27%
27%
27%
27%
57%
700
5%
5%
6.900
32%
32%
110
21
17%
21
:■
•■:..
:■' 115
17
1,200
17'A
Co
:'v
15'A
15%
15%
15 y4
15
15%
*15 >/8
♦47%
48%
48%
48%
48
48%
47%
23 y8
23 'A
♦110
11%
♦111
11%
112%
,
y. 110%
mo
11%
8%
8%
♦86
88
*86
'75%
77%
'75%
33'A
9
9%
88
77%
10
9%
38
26
*24%
26%
30
30
30%
30%
6%
7 >.:•
28%
28%
28 y2
X28%
124%
♦121%
♦123%
•■'•
70%
♦105
-
'
38
2%
Jun
9
Jan
5
-18% Apr 15
4%
Jan
11%
Oct
9% Jan
2
xl7
8'/a
Apr
12%
Jan
16% Aug 23
24
26%
Jan
Martin-Parry .Corp—^
Corp
6%
Jan
43% July 16
17'A May
3% Sep
22% May
34%
Dec
32
19
8% Jun
8
No
Master
Elec
par
3% Jan
No
Masonite
par
31% May
Co
Mathieson
1
Alkali
22
1
11
McCall
Stores
114
95
21
21 'A
21%
21 y2
1%
7%
7%
7%
*28'/a
29%
29%
87 Vi
87%
♦118
Machine
Miami
7%
7%
29'A
20
121
2
par
33'A Jan
14
50
No par
31% Jan
8
37
13
5
27% Jun
5
9la Jan
7
11% Jan 12
Jun
18% Apr
7
1
21% Jan
31
46%
18,700
*35 y8
36%
36%
36%
37
37
400
20
20%
19%
20
2,110
tMorris &
16%
16%
2,600
Motor Products Corp
Motor Wheel Corp
16%
16%
16%
27
27
27%
5
4%
4%
71%
71%
71%
21%
20%
21
*71%
71
20
80'
%
*71%
20
79
79
79
115
*114
10%
10%
44
10%
*43
15%
*21V*
16
71 y2
900
27%
1,000
5
72
20
2
5
73%
20
79
79
*78
114
*113
50
1,200
79%
500
115
100
4.400
10
10
10
10
*43
10%
44
2,100
73%
20
'
113
79%
*43
16%
27%
5
4%
4%
*15%
27%
71%
115
10%
44
16%
27%
-
20
20
*114
114
;
Jan
108 ',4 Jan
45%
5
10%
118
par
48'A
"
*43
114%Julyi22
par
46y8
16%
44
*43
Oct
par
49 %
44
Morrell
(J)
Mueller
& Co
Essex.
Brass
50
No par
Co
Mullins Mfg Co class B
t4%'7a
53;.
15
62
No par
No
par
No
par
preferred
111
100
Murray Corp of America..
Myers (F E) & Bro
3
July
10
5% Jan
34Va Jan
12%
Feb
18
Oct
91
Jan
30
66
110
.
17
4%
May
Mar 19
,
May
May
Apr
29
112
Oct
117%: Feb
120
Oct
102%
Apr
110%
Jan
July 14
23 %
Apr
34%
Dec
Mar
3
28%
Dec
48 Va Mar
7
12'A
Dec
29% Mar
5
6 V4
Jan
114% Aug 24
Mar 29
Oct
Nov
25%: Jan
7
Jun
77
Jun
25
50
Jan
63
Feb
26
11%
Jan
17
Dec
22
49
79% Sep
117
3
11
12%
9Ta Apr
20% Aug
2
Sep
23% Jun
Aug' 4
11% July 19
2
No par
Jan
92% Jun
2
Apr
1%
Sep 20
30
7
5
13
Jan
Jan
6
11% Apr
8
2% Jan
...1
$7 preferred
Munsingwear IncjMurphy Co (G*C)
Jan
Dec
Nov
No
49%
Oct
Oct
3%
Mar
...No
B
111
1%
preferred series C
No
Montg Waid & Co Inc......No
preferred
108
67
119
$4
Jan
Oct
Dec
14%
81V4 July 31
Preferred series
103%
xl07% May
1% May
59%
Apr
10
100
Jan
Jun
Monsanto Chemical Co
$4.50
35 Va
108% Nov
iV Jan
3,500
100
Apr
8%
20
preferred series A
Carpet Mills..
88'A
57%
25
13
1,000
IVo
23'%
July 23
98
13% Jan
No par
Apr 21
Mohawk
120
27
6
Oct
July ll>
3% Mar 4
64% Jan 17
10
113%
.<••
7
.July 19
76% May
8
21
4
6,400
29'A
87
16%
128
Jun
"% Jan
2
3% Jan
4
17% Jan 12
119
*16%
Dec
106 % Jan
a
10
*118
16%
Jan
19 %
30% Sep
317
8% Jun
*112
20 y2
7%
113% Feb
120
16%
Oct
Apr
7
No par
Oct
5
110
-
Feb
Jan
12 Vb Mar
16 Va May
2
i
72
32
Jan
100;
Corp
Dec
30 %
14
preferred
Mar
Dec
19
$6.50
Jan
77
33%
Feb
Mo-Kan-Texas RR
64% Oct
24
6
Feb
Jan
7% May
6
18% Jan
.
Nov
29
20% Jan
58
Dec
108
Apr
par'
.No par
Apr
Jun
Apr
113'A
20
4
4,
Dec
7'A
Dec
.10
No
Jun
55
Dec
15%
110
34% Apr
9% Apr
13
5% Jan
39
May
4%
July
Jan
113%
•
Jan
Nov
21
42
3
*118
50
26
9%
22%
12% July
4
107
Mission
87
:..5
to
Dec
6% Jan
27'% Oct
32% Mar
2
Jan
24% Aug 24
109
500
*117
25
1
2,800
87
50
par
100
2,300
119
4% Jan
—1
No
100
7%
7%
*29
Co
Jan
24%
20% Jun
34% July
pfd series B._
conv
120
16%
♦71 'A
July 22
15
Jan
Feb 9
.,
26
preferred series C
Molirie Power Impl
113%
20%
♦20%
78
4 'A %
*112
36%
10%
4%
Minn
*118
16%
27
Feb
Minn-Honeywell Regu.:
113%
20%
28%
89
preferred
120
86%
*34%
44
1st
cum
*117
16%
10%
°!o
87
34%
♦42%
•'
8
119
21
28
9
Prod.—
-87
16%
16%
67% Jan
5
*117
34%
16
10% Apr
Petroleum
87
49%
16
4
Jan
108'A
Apr
x5%
Jan
60
14
94
6
27
Dec
12% Oct
14
99% Aug
5%
24
Co..
2
2
7%
29%
20%
*78%
22%
29%
16%
X114
95'A
22%
7%
34
80
*94%
"
29%
2iy8
115
7'A
7%
16%
♦78
7'/a
2
Midland Steel
60
114
•*111'A
22%
900
Trans
Mid-Continent
6,500
5108
.
29%
20%
>115
120
>
y 72
V.> ^71%
1,000
e
& Mln
11.9
50
4%
■
28,600
J*,
^20 Va
y
2,800
.
May
9% Jan
Feb
(The)
......
1st preferred..'
conv
*112
112%
5
;
95
1%
34
5
-
28%
7%
22%
2
A
to*
114'
*94
22%
2
121%
7
96
22%
is
*
29
5<Jo
13
Nov
z
101
Aug
11% Sep
,,,115'A Aug
101
..1
*118
120
49%
*93
28%
*111%
7%
6%
6%
...
»28%
*108
Uk-t,
114
TVs
2
*117
*118
49%
*108
'„•
29 %
'.■:•■ 7i% >71'%
12,-
*111%
7
■
121
121%
("71
22%
*86 %
87%
112%
121
*29
6'/2-Jan
8
116
100
Copper
7
7%
119
113
49%
Mesta
29%
*117
120
♦112%
30%
700
96%
2
30
87
119
Mengel Co
30
7%
21%
7%
1,400
*29
114
*93
v
9%
30
30
108
7%
2
2
*9'A
Merch
70%
108
...1
Corp
100
123
*111%
94
Melville Shoe
30
170
28%
93'A
1,500
23%
28%
93 %
32%
37
*28 y4
7%
78
23%
28%
108 %
78
32%
37
28'A
70%
Co..
50% Apr
25% Jun
7
14% Jan 27
109% Apr
f
.100
t$6 preferred series A—..No par
tS5.50 pfd ser B ww——-No par
9'A
6%
114
110
...18
22
101
Jun
10
Jan
46% Jan
3% Nov
Mar
—No par
26 %
28%
7%
86
5
Inc
Corp
37%
7%
108
86
Mead
9%
30
*121%
11
preferred
37%
297/a
*110%
McLellan-Stores
800
8%
*8%
Robbins
*23%
28%
7%
4,100
7
176
13% Sep
9
Jan
25% Nov
29'/a Jan
Jan
76
Aug|
Nov
3%
Apr
l'A
Jan
2
Apr
31
17% Sep 21
113
May 6
28% July 15
16% May 19
13
8% Jan
38 V4 Jan
162
Dec
16%
Aug
19% July
4
Jun
22%
7
Jan
preferred....
26%
7%
70%
McKesson &
120
conv
104
10
.
18
107
9
16
11 y2 Jan
Aug 23
Sep 13
'A May 29
32 % Jun
4
Jan
19 '4 Jan
Mclntyre Porcupine Mines
5,500
6Va
7
—No par
2,400
40
j60
7
12% Jan
100
McGraw-Hill Pub Co
111
176
2
__1
1,300
f5'A%
5
Jan
21% Feb
..1
preferred..
conv
Jan
100
1,
McGraw Elec Co
27% Mar 26
2
2 '/2 Jan
37A
—No par
1,100
5%
165
10
Corp
38
30%
123
100
No par
No par
7
July 17
x6%
% Mar
July 14
May 27
7% Jun
5
-.Jan
21% Jan
par
preferred
*24%
7%
28%
No
Department Stores.
Maytag Co
$3 preferred
$6 1st cum preferred
*37
28%
■
*69'%
108
♦117
9%
Wks
May
78%
7%
7
7%
1%
9%
Jan
5
May
11% May
6% July 13
32%
32%
4%
2
11%
111
8%
*77
2% May
3% Jan
23%
'
11%
88 ■-'■
28% '29%
70'A
♦110%
76%
Jan
11
_5
Market St Ry 6% pr preferred—100
Marshall Field & Co
No par
Martin (Glenn L) Co
,1
McCrory Stores Corp.....
•
33%
Jan
27%
27
26%
30
27%
76%
13%
Dec
1% Jan
110%
23'A
112%
88
Nov
9 la
19
1
15'%
*110
11%
8%
88
*32%
9%
'23%
*111
Jan
12
Sep 23
19% Apr
5
4% July 14
49
48%
112
,11%
21%
2
Maracaibo Oil Exploration
Marine Midland Corp
38
*24
38
38
88
33
23%
8%
*15
48%
*110
112
*8%
77%
9%
38
112
88
33
♦24
11%
8%
*75%
33
33
ll'/a
112%
8%
88
23%
110%
*27%
15%
*15
Jan
35% Jan.
6'A Jan
14V4 Jan
..No
Manhattan Shirt
4,000
115
27%'
47%
23%
11%
*111
15%
48
*110%
110
11%
112%
8%
23%
110
11%
♦111
3%
32
23%
23% "23%
i'% 110%
27%
Jan
131
Dec
par
25
1
27%
'
*110
"
200
32%
*105
21 Vs
*110
27%
Jan
23%
Dec
Jan
2
"
27%
Dec
18%
76%
3% Jan
7 clo
172
*56%
110
> 11 Vb
115
*170
1,500
5%
*105
21
22%
58'/8
5%
21
22%
172
58
5%
32
'
21%
17%
115
22%
*170
58%
5%
•
22%
*105
34 '
110
♦no ;
*170
5%
22%
22%
172
58%
5%
*32
♦105
♦110
*170
172%
5%
5%
22%
22%
22%
Nov
Nov
Mar 15
'
♦22%
19 '/a
17% Apr
14% May 19
24% Mar 6
Mar 15
Jan
153
Apr
26%
Dec
16%
Apr
122
37
4
Aug
.
17
320
16%
24%
,•
Mar
15%
6
Aug 12
May 3
30% July 15
14
12% Oct
11% Apr
55% Sep
138
2
Feb
37% Nov
Mar
11%
128
July 24
Jan
10
10
i
15
5
79
18'A Jun
No par
No par
21%0un
July 22
133
par
Copper
Manati
14%
187/a
5%
Magma
Mandel
5%
16%
31
Co Inc
8,300
6'/2
14'A
5Vz
14%"'
16%
38%
20 % Jan
10
.100
No
;
29% Sep 20
8
Forbes
&
Mahoning Coal Co
3,200
18%
5%
1,900
3'A
16%
*29l/2
59% Jan
6
163% July 22
22'A July 19
•
'
19
*37%
100
preferred
12
;
*11'A
16%
5%
12
25% May
9% Jan
11% May 10
2
148'% Jan
15% Jan
May 27
"
18%
38%
16% Jan
-No par
Madison Sq Garden...
13%
320
16%
30%
MacAndrews
6%
18%
38'A
10
100
Mack Trucks Inc
17%
30%
25
Co
300
16%
38'A
Biscuit
(P)
2,300
17'A
6%
12
5%
15%
30%
par
preferred
33%
*13'/a
3'A
♦29%
1%
29%
18%
3%
♦37%
Lorillard
26%
*260
6%
3%
Loose-Wiles
33'A
*26;
320
*11%
18
43
4
Louisville & Nashville;
17'A
*260
6%
3
19
12% Jan
Louisville Gas & El A-_*
71%
"v
11%
*17%
34'A Jan
-
17%
320
14%
5%
700
to"
13%
44
No
5,100
'135
6%
3
15
14%
v
13%
17%
17%
320
26%
7
Cement Corp
Long Bell Lumber A
29%
*21
33 Vb
Jan
No par
•19'A
71%
33 Vb
30 Vb
__No par
No par
Co
152%
72
11%
18
*2%
29%
Belt
19
*135
33%
1,300
*29
21 VB
*26
26%
*13
13%
17%
11%
*17%
2%
30%
*260
7
6%
11%
18
2%
26
33%
3,000
8%
Lima Locomotive Wks
Link
152%
19%
2iy«
47%
8%
153%
*70
*135
30'/a
320
"
11%
11%
72
26%
*13
13%
17%
17%
17%
320
19%
500
47'A
,
29
*152
21%
*70
33%
33'/a
30 >/2
*12%
13%
17'A
*21'/8
72
*26
33%
33%
♦12%
21%
*135
*135
♦270
19%
153%
26
26
26%
19 J/a
153'A
('■*70
8%
28%
19%
153 5A
*21 VB
72
47%
8%
29
19%
21%
70
♦26
29
153%
19%
153
21
♦135
47%
8%
3,000
12
44
Feb
27
3%
May
108%
69%; Jan
Sep
4%
Jan
30'%
Jan
Jun
113
Dec
6%t Nov
39%
Feb
3 Va
July
N
*1%
1%
*1%
12%
12%
12%
35'A
35 >4
15
15'A
10
10
♦11
*1%
1%
*1%,
1%
*1'A
1%
1%
1%
12%
13
12%
12%
12%
12%
12%
12%
35%
35
35
34%
34%
*34'/a
35
*34%
35
180
15%
15
15'/a
15
15
14%.
15
14%
15
3,200
13
*35
15%
''H
10
9%
1%
9%
9%
11%
11%
11%
11%
11%
12 %
11%
12%
12%
12
12
22
21%
18%
22
21%
178
♦174
9%
18%
*174
18%
*18%
22
21%
178
*174
18%
11%
21%
174
*174
18%
9%
9%
9%
11%
*11
11%
11%
11%
11%
11%
22'/8
21%
178
*18%
18%
18%
300
9%
8%
9%
8%
9'/a
9
9%
19,500
28%
29%
28%
28%
29
29%
9,400
13%
13 y4
13%
13'A
12%
12%
*12%
13'A
700
13%
13%
14
13%
13%
13%
13%
13%
13%
9,000
20%
20%
20%
20%
20
20%
11,900
1314
20%
20 %
20%
is y8
15%
15%
15%
15%
15%
15
15%
♦11%
11%
11%
11%
*11%
11%
11%
11%
32
32%
32%
32%
32'%
32%
32%
32%
H 27%
27%
28
28 %
27%
27%
*27%
28'A
27%
9%
9%
9%
9%
9%
9%
87%
87%
87%
*13
20 y2
;
;!
-;v;!
87% >
10
9%
*13
10
*86'%
87%
13%
87%;
.
20
87%
20'A
15
15'A
*11'A
'
15
V,
11%
15
ni-
32'A
32
27%
;
••■;♦
18
> 174
18%
'
*173%
'
144
145
18%
174'*"'*•••
145''''
H
18
.18%
-173%
173%
*143
146
17%
18%
■V171 to 172 >'•-*
*144
146
v
17%
18'A
170 ' > 1711
145
-:
•v:
19%
6%
•19% :'.v
V19%
'30% •31
30%
;•
7
6%
19%
-'31
7
v'
».v
'
59
58%
58%
12%
12%
:
.24%'
24%
to'24%- '25% '
.•:58%-
I
19%
31%
■
•
70
70 "■•■
78%
•'A 70%
78%
-
6
10
>
G%
*58%
89
59
y :
-•6%
58%
.
13%
y 13
25%
it
25%
71
70%
'*77% •■•78%
•6%;
10
,;'
9%
"
31''/a
V 6%
6%
f
y .19%
•'19%
31%
6%
6%'
-6%
■::-•
■'to
77%'
•26
25%'. >26'A
•*-
■
A-:' 25
-
7r
-78
•
9%
6%
10
'
70
"
-■■71--T.
*77 »
:■■-'
6Vb
78%'
*5%
6% ■-''
9% "••9%
6
16%
25
♦94
16%
16%
*24%
-
25'A
■•«'-9%-
*94
98%
-16%
•
98%
>
16%
16%-:
'*24%
25%
24% "24%-
*94
98%
*94
ft CIS
16'/a
■
■•
'
24'A
•98%
*94".
"
"'*57%
•58%
111%
*109%
111%
*109%
111%
*109%
30%
30%
30%
'30%
30%
30%
30 y8
•30%
17%
17%
17%
18V8
17%
17%
17%
17%
16%
60
58
"
58
112
•
25';
*110
•
•/
24%"
57 '■■
y 112.:,:
29%
■••
29%
17%
15%
15%
15%
16%
16 y8
16%
16
16
15%
15%
99
99
99
99
99
99
98%
98%
99
99
For
footnotes
see
page
1259.
r1
National Container.......
*24%
96%
7.
■
54%
*110
•
5'A Jan
2
11'A July
8'AFeb
3
8% Jan
7
15% Jan
2
12% July 14
13% July
7 '•;
23 '
July 16
162
$4.50
24
5
10% Sep
9
4
29 % Sep
24
12% Aug 23
14% May 10
14% Jan
2
'6% Jan 13
21% July 23
9'A Mar 16
22
,—No par
x25'A Jan 14
Stamping
9% Jan
20
15
34% July 12
28'A Sep 20
Jan
12
11'A Jun
4
4
89
9
17% Jan
6
1
preferred
15% Sep
11% Sep
70% Jan
No par
—No par
1
Dec
3% Jan
7
Oct
16% May.
13% May
29%
Nov
19%
Oct
3
Apr
5 V4
Nov
5%
Jan
8%
Dec
6 % May
13
May
9%
140
.
12 Vb
3%
May
166 %
Apr
Jan
11
Jan
67/8
12%
Sep
4%
Jan
Oct
16%; Oct
"
Jan
16%' Dec
5%' Nov
20
Dec
13% Aug 23
4
Gypsum Co
conv
21'A Jun
4
10
Nat Distillers Prod
National
14
7
18% Jan
____1
preferred.....
Nat Enam &
Sep
Jan
—No par
National Dept Stores..
6%
176
17
Jan
5 '4 Jan
-
National Cylinder Gas Co..
!__1
Nat Dairy Products
—No par
National Lead Co
10
preferred A
preferred B
Aug
No
890
310
National Supply (The)
$2 conv preferred
Apr
9%
15% Aug
7%; Nov
9%' Nov
8% May
17% Apr
26
14'A Mar
18
3%
60
Apr
Jan
Dec
' Sep
1 Nov
6%
72
Dec
' Mar
9,300
1,400
700
95%
200
55
200
112
v
29%
29%
2,000
17%
17%
12,300
15%
15%
*98% y. 99
5,100
'
800
4
16% Jan
168
Jan
146
Jan
13%
Dec
17% Mar
29 Va
Apr
36
1% Apr
43% May
4
May
9% Jun
Nov
3Va
7% Jun
.7
14
5% Jan
2
14% Jan
4
28% Jun
57
Jan
5
80% Jun
1
45% May
63
62
Jan
2
2
5
7
88
Jun
2
51
70
Feb
4
! Oct
Jan
4
25
Jan
4
11
•
2% Jan
52
10
,
Jan
2% Jan
No par
6
No par
9% Jan
1
4%% conv serial preferred
100
Newberry Co (J J)
No par
5% preferred, series A
100
Newmont Mining Corp
10
Newport Industries
1
N'port News Ship & Dr Dock
:
>^36) ;.'Jan
Mar
64 Va July
.—No par
...
$5 conv preferred
May 27
11%; Apr
May
145
129
100
Nehi Corp
Neisner Bros Inc
25
28
15% May 28
40
National Tea Co
Jun
100
Pal
Natomas Co
15%
22
178% July 13
5
•
..25
t5% Vo prior preferred..
t6% prior preferred...
2,400
150
*
28% Aug 24
No par
Corp...
5%
6
14% Jan 13
■■
*-.4
National Power & Lt
3.700
2
13
137
par
•19% May 27
Jan
Jan
Jan
14
160
100
National Oil Products Co.
National Steel
M
100
Nat Mali & Si'l Cast Co
10%
10'
Corp
Register
"
A15%
8
1
—.100
2,000
12,100
77% •"'78%
i 98%
*55
to
*
1
10
9,100;
'
♦109%
♦57
700
70% Vll'.:,.
9%>
16'A -16'A'
19% Apr
No par
t6%
•2,600
U2%
:;v-v5% %
VB"
14
10
Co
Share
14% Sep
No par
10
Cash
t7%
"
■'
6%
&
29
.
,._5
Corp
preferred
Bond
7
40% Apr
Nat
150
6%
57%
57%-
*.;• 12%
Biscuit
15 la Jun
2
National Can Corp......
200
31
'
16%
25
11,900
171 y
•
*29 A.
:
58'A
13%
120
>.,.>19% -19%
\ 58%
12% y 13%'
59
1 '•
Nat
Aviation
2
18
,
''•■•
145 A.: 145 *•
.19%
*29'%'
%'ax\
'
25 •*
*70%
78%
6%
11%
'•.'■
71%
77%
6ye
10 l-
13%
19%
*30 Vb
31%
'
%2%
A
19,900
18-.y ,18'/a
*170 -"
'
/ '19%
900
10
•
;
146
6,900
28
*87%
n
200
32%
:
9%
87%
4,900
11%
28
10
;■ 87%
;.
*18'A
•
17%
1%
28%
.
13
♦143
National
9y8
12%
♦173
7,100
178
28%
12%
31%'
22
21%
Co
preferred
conv
11
1
Jun
6% Jan
23'4 Jan
..1
Louis
Nat Automotive Fiores Inc.
6%
1% Feb
__5
.100
No par
Corp
& St
Acme
National
10%
9%
National
300
28%
10%
28%
Chatt
4,900
28
10%
27%
tNash
11%
*174
18%
2,500
Liquidating Co
Nash-Kelvinator
11'A
11%
178
18%
9%
*9%
*11
22
*174
Nabco
25,300
—1
No par
16
Jan
■
74%
37
106%
26%
10 %
.
Jan
2
Mar 31
2
12
15 v Sep 14
95% Jan
7
Jan
Jan
2
7% May '8
10 % Apr
5
19% July 14
Sep
14
96% Aug 26
57% Sep
114
Aug
17
5
37% Apr
8
18% Sep
20
May
2% Mar
4%
Oct
5% Mar
11
Jan
70% May
28
Apr
104
22 %
54
Jan
Oct
6% Jan
16%
1
9%
9'/a
17
Feb
Feb
Feb
Dec
Dec
75% Sep
39 %
Dec
Mar
110%
Dec
Apr
30%
Feb
11*"
Jan
2o% Jan
109% Jan
Monday, September 27, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
1256
NEW YORK STOCK RECORD
LOW
AND HIGH
Tuesday
A
Monday
Saturday
Sept. 18
35%
18%.
17%
17%
17%
17%
21%
21%
22%
-21%
22%
*21%
69%
67%
18
17%
22
21%
66
65 V*
68%
21%
67
*
66%
65%
•22%
23
23
23
*22%
23%
*22%
•10%
11%
11%
11%
*10% *11%
*10%
25%
'27
65%
.25%
27
•24%
121
121
121
*120
%
>:
45%
45%
45
25/a
123
45
*44
%, ■
*123
*123
*%
%
:>• %
.%
2%
2%
2%
2%
2%
2%
ft
17%
ic
*%
ft
*%
ft
16%
16%
16%
'
•
ft
*%
ltf
17
17
17%
17
35%
*34%
35%
*34%
35%
180%
179%
180%
178%
179%
17oya
*118%
119%
118%
118%
*117%
17%
119%
17%
180%
119%
*51%
.
*118%
37
'
17%
17%
17%
#51
52%
*51%
>52%
*51%
10
10%
10%
10%
10%
100% 100%
15
: 15%
*100%
100%
100%
15%
15
.
♦114%
115%
*114%
20%
207/a
20%
37%
38
yf 5
*39
*38%
40
*12%
12%
18%
18%
44
45
52%
10%
*100%
100%
101
100%
15
14%
14%
14%
15%
14°/a
115%
*114%
115%
*114%
115%
114 %
20%
19%
20%
19%
19%
*19%
38
377/a
37%
37 %
37%
37
*4%
5%
5
5%.
'
*5
12%
600
18%
18%
23,200
43%
43%
43%
4,000
Oliver Farm
7%
4,700
Omnibus Corp
433/4;;..
12%
12%
18%
19
18%.
19%
18%
19%
443/4
45%
44%
45
433/4
44%
109
Feb
Jan
1
%
Jan
2%
3
%
Jan
%
Oct
30%
Jan
23 %
Dec
7
19
Jun
38
9
15%
Apr
July
192% July 14
143
108
2.50
■
Mar
119
Sep
17
56
39
8
Jun
/
39
1
Sep
11 %
Nov
52%
,
Apr
Apr
Jan
116%
6y2 Mar
4
Sep
192
Mar
Jan
Jan
53
9%
Dec
14
Jan
25
85 y2
Apr
96
;Jan
18% May
6
4%
Jan
8%
116% July
7
100
Apr
110%
23% July
8
8
Apr
17 Va
Apr
38
14% Apr
100% Jun
6
2
2
19
8"
31%
41'A Aug 18
Jan
6
x3% Jan 14
31
Jan 15
8% Jan
6
50
Oct
if
Mar
263/8 May
5
2
Jan
Jan
!
1% Mar
6
56% Jun
Jan
Jan
Jan
54 V
Dec
ia
5
No par
Ohio Oil Co
19
12%
May
23%
49'A Jan
48% Jan
50
.Feb
IS3/* July 21
Jan
>.i
110
>80
10
7
9%
91'A
T%
107
16%
36
'
Apr
Dec
2% Mar
,
,50
100
«
-
53% Jun
93A Jan
...No par
No par
pfd
Lines
Preferred
Norwich Pharmacal Co
18 3/a
12%
.
Dec
May
12 3/4
60 %
28% July 30
28'/a Jan
6
;
A Jan
2
;
1% Jan
4
t
A Jan
4
151A Sep 14
23
Jan
5
162% Jan
2
113
Jan
5
1
Telegraph
Northwestern
10
101
:
50
50
Norwalk Tire & Rubber
600
*12%
12%
12%
.
5
39%
*39
39
12%
37%
*4%
5%
39%
*39
39
40
*39
v
.
1:
-
tNor States Pow $5
.
__5
100
100
10
Central Ry Co.__i.
Northwest Air
1,900
i 470
;
100
100
100
100
American Aviation
Northern
50
114%
20%
Dec
Jan 22
preferred
non-cum
Northern Pacific Ry
17,100
6%
16%
4
12% July 29
July 13
North
80
101%
14%
,
126
prefeired series
53A% preferred series
11,000
Jan
/ Aug 18
6%
1,200
10
38
5%.
♦12%
52%
10%
'
40
.
51%
52
10
*100%
101
14%
38 %
5%
*
52
51%
51%
10%
20%
20%
*38
;, 5
*51%
51%
52%
10
10%
15%
124
North American Co
1,200
51%
52%.
*114%
115
10
20,000
17%
17%
17%
690
180
119
*51%
51%
51%
52
52%
52
*117%
Jan.
7
preferred
fN Y Ontario & Western.
N Y Shipbldg Corp part stk
Nobllti-Sparks Indus Inc
tNorfolk & Western Ry
tAdjust 4% preferred
35
180
178%
119
17
17V4
17
17%
*34%
35%
*34%
*34%
*118%
180
10 Vs
May 22
63 % Jan
—80
—80
Conv
100
Feb
26
2
fN Y Lack tit West Ry Co
2,300
51
4
2,500
17
Dec
6% Jan
tN Y N H St Hartford
.
Feb
35
16% Jan
5,700
.
17%
743/4 July 24
26% July 23
No par
Harlem RR Co
Oct
12%
Jun
No par
\0%
290
..
C'32%'- Feb
1
11%
v
preferred
N Y &
220
46
ft
180%
*34%
127
*45
45%
45%
No par
Corp
'
Highest
$ per share
23% May
6% Jun
5
May
York Dock
5%
210
il
2%
*2%
NYC Omnibus
123
*120%
> 31% Jan 27
>14% Jan 5
New
1,100
% ,,v45%
a
•%
0
*
123
100
300
11%
28
'
2%
17%;
ft
*120%
preferred series A
6%
,
.
20
1942
Lowest
$ per share
44% May 29
27% Jan
2
103/a Jan 12
11
Jan 27
600
22%
>26
28
124
124
45
2%
17
16%
123
45%
Vs
•
%•
%
2%
:
7,700
11%
11%
27%
121
121
68
22%
22%
22%
3,600
67%
68
¥ Chic <te at. Louis uo
W
22 %
No par
No par
100
>/>vvy. Year
V*:
/
; Highest
t per share
$ per share
Par
«
Central
New York
51,000
17%
*21%
22%
*10
11%
121
121
123
123
>
23
17%
17%
.
;
'
,
New York Air Brake
600
:
35
Range Since January 1
,.
.;■.!/•:; / /»: .Lowest'• ;> V
;EXCHANGE
.
Shares
share
35
28
28
27
123
121
17
'
$ per
35
*34
35%
-
share
per
$ per sha,re
36
>
36
36
17%
S
share
S per
share
36
36%
Sept. 23
Sept. 22
STOCK
NEW YOIWK
Sales for
the Week
'
-
■
$ per
t per share
•35
Fridnv
Sept. 24
Thursday
Wednesday
>>> Sept. 21 >>.•;
Sept. 20
Range for Previous
STOCKS
PRICES
SALE
•
Jan
July 22
6
45
1
7
20
Apr
Sep
Dec
Mar
3%
Dec
Feb
34
Oct
Sep
73/4
12% Mar 25
Nov
10%
Jan
O
6%
89%
89%
9%
10
10
20
20%
♦153
*31
153%-'
154
*32'/a
*32
,
93/4
3,900
#31
63%
*6L
>
61%
62
'
61
61%
>
62
♦61
-•
;
100
..
60%
60%
61
12%
12%
12%
12%
12%
10
10%
>;•' 9%
9%
48
48
20
61%
61%
2,400
12%
12%
63%
12%
3,300
9%
710
>
No par
No par
6
,_5
28% Jan
No par
preferred
Outboard Marine & Mfg..
tOutlet Co—
Owens-Illinois
21% Jun
Dec
Dec
6%
Jan
Jan
*
79
Jan
;
Apr
4'/a
Jun
11% Mar
17%
Dec
2%
7
2
Mar
143%
Apr
27%
42
Jun
48
43%
Apr
573/4
Dec
132
5
154
Sep
15
15
38
Apr
8
'Jan 22
54 % Jan 12
12.50
Co
10% Jun
8
s
59
12%
30%
Jan
2%
943/8 July 24
2
Apr
17
2
8% May 22
62
Sep 22
64
July
2
2
13% July
6
5
13% Apr 29-
46
No par
Glass
503/4 July
2
2
Jan
6%
21% July 19
13
6
Jan
Jan
Jan
Jan
3 % Jan
15% Jan
142
Jan
100
No par
Otis Elevator
6%
11%
29%
3%
69
f
100,
Equip
(The)—
8 % preferred A
Oppenheira Collins
50
154
33%
33
33
300
20%
20%
"61
33
960
:
93%
*9%
*151 Va
154
•151%
60%
60 3/4
93%
'
V 61
*60
62
*60
>•;
154
*151%
33
*15iy2
v'
,
20%
20%
20%
20
93/4
*9%
7
,'/t:
94%
93
93/4
*9%
2oya
i
92
92
•
93/4
20
*32
62
60
92
9%
:
20 y4
153%
33
*60
93/4
-
20
157
90
90
88
7 %
6%
6%
63A
6%
6%
7
*6%
6%
v:
-
xl6%
Sep
Dec
Mar
P
12
49
10'A
10%
10%
10%
49
9%
12
10
12
12%
49
49
48
49
29%
30%
30;
41%
41%
42
*154%
5%
5%
5%
5%
;
15%
15%
15%
3%
3%
3%
37%
37%
37%
37%
36%
*103/8
10%
110%
200
*3%
3%
7,600
*44%
44%
44%
44%
44'A
44%
44'A
44'A
1%
1%
1%
26%
30
29%
29%
29'A
29%
18%
18%
18%
•id JA
18%
5%
5
5
5
23%
23%
23%
57%
56
56
5%
18%
5%
,
1%
1,400
Park Utah Consol Mines—;
5,200
Parke
18'A
400
5%
5%
4,600
6
1,300
Penn-Dixie
23%
22%
23%
23
1,800
56%
♦55%
57%
57
57
300
99 %
983/4
99
99
99
;• 2,000
17%
16%
17%
99 %
99%
100%
9°'A
100%
17%
17%
17%
17%
17%
17
16%
163A
8%
8%
8%
8%
8%
fS 8
> 8
7%
8
8%
8%
3
3
3
3
3
3
3
*2%
3
2%
2%
*2%
435
43
16%
16%
43
111
110%
111
28
27%
28
27%
24%
24%
57%
*56%
57%
57%
*57%
4%
*4%
4%
*4%
4%
*4%
4%
56%
56%
57%
56%
57%
56%
57% '
12%
12%
*12%
53%
*513/4
57%
*4%
56
*24%
57
24%
25
*12%
12%
13
12%
12%
*51%
53 %
#51
52%
5\%
53%
35%
35%
*35
35%
35%
36
*24%
26%
*24%
25%
*24%
8%
8%
8%
8%
8%
*7%
7%
7%
7 %
23%
50
12%
50
88%
88%
90
20%
20%
20%.
25
83%
83%
110%
110%
23%
23%
23%
23%
23%
233/4
23%
23%
14,100
50%
50%
49%
50%
49%
50%
50
50%
820
83%
88%
89%
90
90
91
91
140
20%
20%
20%
20%
20%
20%
20%
20%
25%
25%
25
25%
3,700
24%
24%
24%
243A
9,900
Philco
86
85%
85%
85%
85%
1,500
Philip Morris & Co Ltd
tPreferred 4%% series—
*161%
*181%
13
13
#12
12 3A
98
*91
98
*90%
91
48%
48
25%
*100
175
•163%
5%
.
*8 V
♦78
45
*66%
68
13%
*12%
•163%
175
4%
4%
62
62
49%
47
47
*46
*181%
45%
61
61
*161%
8%
4%
4%
4 %
60%
12%
85
*13
13%
13%
*72%
5%
*66%
68
•65%
*163%
6%
184
45%
50
48%
6%
90
25%
120
5%'
50
7%
74
12%
180
184
5%
8%
85
45%
67%
13%
175
4%
*116
48%
116%
•100
48%
90
25%
120
5%
49%
493A
7%
*6%
*72%
12
*161%
*181%
*72%,
*11%
*161%
185
*181%
8
13
4%
44%
45%
35'
35
*34%
57%
58
57%
*119'
120
14%
90%
;
57%
120
15
14%
15
81%
*119
36
*34%
56%
*119
5
14%
66%
1
5%
5
> 64%
50%
53%
19%
19%
19%
*19 %
203/4
*19%
97/a
10
17 %
17%
17%
17%
11%
11%
11
11%
*11%
11%
*11
113A
35%
34%
34%
*33%
34%
57
56%
57%
563/4
57%
14%
*119
14%
120
14%
120
14%
90
120
14%
93/4
17%
11%
*11
*34
57%
120
14%
5%
!'
1,800
11%;
5,500
Pressed Steel Car Co Inc—
18
35
90%
903A
102%
102%
102%
108%
109%
108%
109%
109 3/a
110
109%
1103/4
123%
124
123%
124
123%
123%
123%
124
122%
1235/a
122%
123
120%
120%
*120
120%
120%
120
120%
120%
120%
35%
35%
35
35 %
•
1259.
1,540
*
'
109%
page
pfd (ser of Feb .1
Pub Serv Corp of N J
5 %
26,600
91% r
*120
34%
35%
34%
35
34%
35
1,270
,
1,160
-
720
'
240
7,400
conv
1
—5
50
No par
k
70
1033/8
109
see
200
3,000
15%
90%
103%
102'A
Ft footnotes
:
120
89%
1st preferred
2d preferred
Procter & Gamble.
conv
5%
'29)
-100
,
—No par
preferred —
No par
preferred
—
100
,t7% preferred—.
100
t8% preferred-—
—
—100
tPub Ser El & Gas pfd $5No par
Pullman Inc
No par
Apr 20
Jan
7
59
Jan 14
9% Feb 4
,170
Jan , 9
175
Jan 21
;.
41 Jan 4
> 4% Jan 13
59% Jan 5
24
Jan 13
/ 65% Aug 23
7% Jan, 2
150% Jan 4
/; 13A Jan 8
.
29' Jan 30
r 20
Jan 28
,
.
,
> 14% Jan
18
4
2
Jan 18
Jan 7
;
16% Jun 21
6% Jan 6
6%Jan l4
> 243A Jan 4
48% Jan 4
114% Apr 7
11% Jan 6
t$5
t6%
Feb 20
3% Jan 16
70
Jan 18
18% Jan 4
102
Jan 8
3% Feb 8
34% Jan 6
5 : Jan 25
Creek
5%
100
573/8
109
35%
2,000
—I
100,
100
5
Plymouth Oil Co
Pond
11%
101%
120%
B
3,200
-
10
108%
35%
A
Class
Pocahontas——No par
Poor & Co class B_
—No par
Postal Teleg Inc preferred—No par
102%
90
(The)
preferred.-^—:
preferred
Co.
:ciass
?
203/4 r
103%
90
Plttston
2,900
170
19%
No par.
No par
Bolt
v
390
101%
90%
40
700
53% '
102%
90
:
1
.,100
100
—
,100
100
'5%% 1st ser conv pr pfd—,100
Pittsburgh tit West Va
100
Pitts Young tit Ash Ry 7% pfd™100
1
65
101%
*1201
C
5
100
25
100
—100
preferred class B
preferred class A
;7%
5%
880
.
i
Pittsburgh Steel Co
400
<
175
64%
TV
-
66%
13
preferred
Pitts Screw tit
3,800
v
44%
12 S/8
52%
120
'
85
*163%
175
64%
10 >
*11%
12%
#163
5%
9%
11%
663A
12%
13 !
44%
45
*65%
66%
175
19%"
11%
185
•7%
*78
$5 conv
1%
8
52%
11%
.
Jan 14
73A Feb 17
79'A Jan 5
44
Jan 20
Corp™—No par
preferred— —No par
Pittsburgh Forglngs Co
Pitts Ft Way & Chic Ry Co
700
11%
180 »
100 ;
100
100
preferred
6%
133/4
71
106
109%
Pitts Coke & Iron
10
75
85
52
11%'
2,200
8
63%
18%
3,300
7%
*78
20%-;
11%
51%
8
51'A
17%
Pittsburgh Coal of Pa
85
19'A
*11%
800
8
66%
Flour Mills
Pitts C C tit St Louis Ry Co
55/8
*78
*163%
Preferred
120
3
10
No par
Hosiery
Pnoenix
24% Sep 22
No par
100
Plllsbury
5%
•19%
11%
♦181%
-
preferred
Phillips Petroleum—--.
500
25%
x5
19%
18
185
*161%
series
7 %
30
;
95
5%
20%
12
180
113/4
63
10
6%
500
;
-
Phillips Jones Corp
21,600
5%
19%
11%
*72%
63%
10
3/a
5%;
45%
200
30
5%
*19%
17%
7%
12%
180
5Q
74
12
19%
11%
5%
75
20%
18
5%
7%
19%
,
*100
493/4
7%
5%
*19%
181
120
♦100
#49%
19%
10%
25%
V.
Corp
t4%%
'
20%
10
*90
25%
*25
*5%
■
18 %
10
*6%
6%
SO
90
116
48%
6%
6%
6%
90
*25
116%
*116
48%
*19%
9%
116
14
*92
*88%
180
8
110
110
#13
6%
>,
12%
*78
1113/4
13%
72
5%
*111
94
7
12%
111%
*91
48%
6%
•
*111
*111
*13
.a
120
7
111%
*110% 111%
116 > 116
25%
■■■{■12
45%
45
No par
No pur
com.-
com—
25
5%
85
preference
24%
90
*100
8%
*8
♦78
Phila Electric Co.
85%
6%
5%
5%
Phelps-Dodge
Corp
25
tPhiladelphia Co 6% preferred—50
t$6 preferred—...
—No par
24%
*49%
184
15,800
No par
Co
Brewing
Pfeiffer
5
America
24%
5%
*1811%
700
7%
Feb 20
Jan
4
Jan 12
Sep 8
Jan 4
68 % Jan 2
18% Aug 23
23
6%
5%
22%
37
No par
Pet Milk Co
Petroleum Corp of
86
50%
180
7,200
9%
25%
5%
*167%
7%
7%
7%
100
25
25
14%
25%
12%
*9
85
49%
75
25
9
100
24%
5%
*12
20%
25%
9%
*243A
100
24%
49%
*72
*88
34
v
1
100
$1
116
*88
rf
500
900
7%
48%
67/a
53
35
7%
48%
6%
*51%
*337/a
7%
48%
*5
-13
52%
34
*7%
94
49%
800
9%
94
120
*12%
31,900
25%
*13 '
*1Q0
56%
5,300
9%
110%
*115
6%
57%
300
63/4
57%
25'A
110%
90
50%
;
85
85
25
5%
13
57%
57%
*24%
14
*5%
*24%
>•
5%
9%
94
25
58
4%
25%
14'
*88
24%
24%
#57%
35%
*92
48
25
400
100
—50
5
100
100
preferred
Pennsylvania RR
Peoples Drug Stores Inc
Peoples G L & C C (Chic)
JPeoria tit Eastern Ry Co
Pepsi-Cola Co
Pere Marquette Ry Co
5% prior preferred
5% preferred
5%
6
6
•
.
75%
85%
96%
109%
115%
26%
Jan 20
Jan 2
Jan 4
Jan 4
Jun 4
Jan 2
111
Sep
32% Apr
24% Sep
61% July
6Sep
59% July
16% May
58% May
41% May
•;
26%
10%
8%
29%
50%
91
20%
25%
26%
90%
115
1173/4
14
100
.50
7%
90
26
102
73/8
59 *
9
77%
21
Nov
Oct
Apr
24%
Nov
Apr
Jan
34
Nov
133/4
*19
74
Apr
101'
Jan
121
Apr
148%
Nov
Nov
Oct
1% Mar
4
5%
Jan
9
1%
Jan
3
Oct
>1 la/4
Apr
27
Dec
6%
Dec
8%
Jan
101
Sep
106%
Dec
1
Jan
Oct
23/4
Oct
Apr
38
Dec
Mar
101
Nov
20%
90
2
113/4
17%
Oct
Oct
17
Jan
1%
Jan
2%
19%
Apr
29%
13 %
8
Apr
143/8
21
5
20
14
24
23
18
20
20
May
Oct
Jan
15%
Aug
17Vu Mar
W Mar
May 22
May 6
Mar 4
Sep 20
20 lA July 8
9
Mar 3
33/4 Mar 26
45
Jun 29
173A Mar 26
33% Jan 4
13% Jan
6
108% Jun 18
23% Jan
2
17% Feb 9
46% Jan 9
l3/4 Feb
9
28% Jan 6
5% Jan 6
34% Feb 18
19
Jan 27
No par
G1 Sand Corp—
Penn
3'A Jan
l3/4 Jan
No par
16
22%
6%
29
60%
100%
.
Apr
7
23/4 Apr
8
32
May 20
19% May 22
80
Jan 11
15% Aug 2
No par
25%
£ 24%
116
*115;
17,800
34%
I 90
25
25%
24%
28
50'A
23%
50
25%
58
273/4
23%
23
.
*52
24%
_L
40
28%
24%
*23%
200
Cement
pref ser A
$7 conv
1,500
17
*110%
*110%
27%
28 Ve
27%
5,800
(
42%
42%
*16
17
27%
27%
11%
42%
42'%
*16
17
*16
110%
•110
*110
42%
43
16%
*15%
16%
>
43%
43
43
;
*15%
•
4,400
23%
Parmelee
July
Oct
25 3/a
9%
30
July 10
30% May 27
l%Jan
2
27% Jan
7
16 v Jan
7
1% Jan 5
21% Aug 3
55
Jun 14
No par
2.50
Co
Transportation—.No par
Patino Mines & Enterprises
10
Penick & Ford
-No par
Penney (J C) Co——
No par
Penn-Central Airlines Corp
1
Penn Coal m Coke Corp
10
56%
*22%
Davis &
Parker Rust Proof Co—
106
100
Jan 22
15% Jan 12
>17% Jan 22
1
1
Inc
Tilford
tit
293A
8%
100
Park
1%
23%
•56
—
29%
17%
*99%
■
300
& Transp
Petrol
*18'/a
5%
5%
•
American Airways Corp
Pan-Amer
18 %
13A
29%
r18
>
15,700
30%
Pan
28%
13A
1%
29%
*18
27
*30
57
23
23%
*55%
1%
29%
•
l7/a"',
1%
30%
*30
2,000
'
105
26%
27 3/8
26%
27%
30
*101 %
105
*101%
105
*101%
29%
5
5
5
tPanhandle East P L 5.60% pfd. 100
Panhandle Prod & Ref—
1
Paraffine Cos Inc
No par
4% conv preferred
100
Paramount Pictures Inc
1
110%
30%
No par
200
3%
27%
10
i
21,800
10%
105
Oil Corp
Western
35%
110%
27 %
Pacific
343/4
33%
#30
1
Pacific Tin Consol'd Corp
18,200
*10%
*101'A
preferred——
t6 %
Jan
6%
Apr
4%
55
July 23
25% May 20
Mar 15
16% Jan 20
Jan
5
30'A Sep 24
Jan
4 •
45% July 20
Jan
2
28% May 24
91% Jan 25
119% Sep 9
148
Jan
5
158
July 30
4 3'A Jan 2 1 . 6% May 10
9/ Jan
4
17% July 15
.
2% Jan . 2
5
Apr
8
23% Jan 20
43'A July 7
7% Jan 16
10% Jun
2
105% Jan • 2
113% July 26
2
Jan
2
4
July 12
35% Jan 12 >,
45
Jun 11
100
100
Telep & Teleg
tPacific
8%
Apr
6% Mar
16
10 1
23'A
33
19
par
3%
110%
30%
No
•
23% Jan 5
14% Jan 13
•<
25
No par
3%
>
3%
'
■'
36
110
110
1%
*18
34%
10%
*10%
110
29%
■
37%
(Cal)
Electric
Packard Motor Car
3%
27%
*30
30%
V
4
1,900
15%
3%
10%
*10%
110
106
27%
27%
27'A
#30
3%
16
5,800
53/a
5%
15%
153/4
Gas
Ltg Corp
Pacific Mills
140
44 3A
•
*101%
104
*101
v
44
44
3%
60
156
*154%
5%
5%
5%
15%
4 >
■
2,400
3%
3%
3%
44
153%
155 ■>
&
Pacific
116
116
118
35%
37%
25%
*
Pacific
900
-
3%
110
110
109%
3%
10%
10%
10%
10%
109
.
•">
3%
'
253/4
42%
253/4
155
15%
3%
253/4
5,600
30%
•♦41%
118
5%
15%
5%
15
30%
413/4
118
153%
154%: 154%
154%
154%
157
5%
*14%
30%
413A
73/4 Jan
6% Jan
>
No par
No par
10
;
Pacific Finance Corp
17
30
25%
25%
♦116
119
118
119
*117
119
*11T
2d
*123/4
17
*12%
940
42 % f
8
.10
Co
preferred
preferred
1st
20%
17%:
720
30%
30
*41%
26%
>
17
*12%
30%
42
25%
25 ya
25%
'25%
25
17
*12%
30%
42
17
"12%
>30
>41%
15%
*13%
19%
20
Coast
Pacific
47 >
44
50
*48
20%
20
21%
*20%
21%
21%
21
20%
>
•>: 9
Pacific Amer Fisheries lnc
1%
Jan
Dec
Nov
13 3/a
Jan
44
Apr
60
Dec
56% May
82
Dec
29%
Oct
1%
Apr
4
Sep
1%
Jan
2
Jan
Jun
44
Jan
15
Aug
32
11
May
108%
Feb
18% Jan
16% July
^
May
104
25%
Nov
23%
Jan
36
47%
Dec
Apr
%
Jan
153/a Mar
4
2%
30
Oct
Dec
Jun
7%
36
Apr
513/4
Feb
18
May
29%
Jan
Jun
27%
Jan
Apr
6%
Dec
6
Jan
19%
Jan
July 19
4
Jun
28
5
Mar 29
22
Dec
323/4
Jan
28%
Apr
40'/a
Jan
49
Apr
763/4
Jan
Jun
*14%
Dec
Sep
24
Sep
1
Sep
•
Mar
21
Sep
;
23
Jun
1
7%
Jun
3
55%
Apr
July 30
98
May
4
103
Jun
Jun
6% May
79
Dec
107% Mar
110
Nov
9
Jan
July
1
July
3
65
May
80
Oct
Apr 26
30
Apr
Feb
46
Dec
May
15% Jan
65
Nov
19%
Oct
May
3
Jun
14
May
7
Jan
l3/4
43
3%
Dec
8
May 20
May
3
Mar 30
Jun
5
153/8 May 7
170 'Jan 9
182 Aug 31
./ 0% Jun 7
10% May 11
90 .-July 8
52% May 12
75
Mar31
16% Mar 29
162 May 18
, 53A May 29
65; Sep 24
53% Sep 24
21% July 16
23% Apr
13 Jun
22 Va Mar
133/» May
,13 Jun
40% Jun
58 Sep
123 Feb
17% Apr
5
1
3
29
4
3
17
13
5
95 July 19
107% July 20
114% July 20
129% July 15
122 Aug 18
40% July 1
3
May
4%
Apr
38%
Oct
4% July
6'%
Jan
26%
563/i
Dec
7%' Apr
165
Feb
165
May
33/4
Sep
68
Jan
103/4
Nov
165,.
175
Feb
Feb
Dec
5%
Jan
4
May
6 3/a
Jan
47
V2 Apr
62
Oct
20
Jun
33%
Jan
,<58
Jun
70
Feb
6 V»
153
Jun
July
10%
153
Jan
July
11 Vb
Jun
14%
15%
Jun
18%
Oct
3 Vz May
5'/4
Jan
9Vz
5%
Jan
Jun
6ya July
21
8 Va
Jan
83/i
Jan
Jan
Jun
42
Feb
523/4
115
Feb
Jun
Sep
29]/4
22%
9%
Jan
122
Oct
Oct
14i/a
Jan
Jan
Mar
863/a
73 % Mar
X99%
79% Mar
111
Jan
Mar
123
Jan
111% Mar
116
62
99
203/4 July
28%
Jan
Oct
Nov
Volume 158
Number 4215
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW YORK STOCK
AND HIGH
LOW
g
17%
17%
t per
17%
18%
*111%
114%
106%
106 Va
17%
112
113
112
112
106
106
106%
106%
20%
21
*13%
I4
17%
Friday
'
Sept. 23
per share
Sales
Sept. 21
$ per share
18%
17%
17%
111%
112 %
112
112
103%
105%
106%
107
106%
106%
21%
21%
14
14
21
14
17%
21
14
17%
21
14
YORK
STOCK
Par
Pure Oil
(The)
400
5%
conv
14
Jan
14
100
-
preferred—,
Purity Bakeries
600
11
104% Feb
3
100
preferred-.--
900
3.3CO
$ per share
No par
6 %
Range for Previous
Range Since January 1
Lowest
Highest
EXCHANGE
20.800
21
14
NEW
'! Shares
$ per share
:
for
the Week
113%
*112
21
13%
14
*13%
$
share
21
21%
21
STOCKS
Thursday
Sept. 22
g per share
RECORD
PRICES
Wednesday
Sept. 21
Sept. 20
per share
17%
Tuesday
Monday
Saturday
Sept. 18
SALE
1257
92% Jan
2
13% Jan
Quaker State Oil Ref Corp-
10% Jan
4
4% Jan
2
$ per share
2
No par
.10
Year
1942'
Lowest
Highest
per share
19% July 19
114% July 22
107% July 23
$ per share
7
Apr
90% May
11%
Dec
106%
Dec
Jun
92%
Dec
22Va July 16
9% Mar
14%
Nov
14% July 14
8% Mar
10%
Oct
12% May 4
July 19
2% Mar
46% Mar
80 Va
R
10%,
10%f
69%
70
10%
11
10%
10%
69%
69%
69%
70
8%
9%
8%
10%
10%
10%
10%
10%
10%
69%
70
69%
69%
69%
69%
8%
8%
8%
'
9%
9%
T.
92%
92%
>
26%
*26%
93%
93
26%
92
14%
14%
14%
14%
31%
31%
31%
31%
17"%
18
32%
27%
*4%
17% :i.17%,
33
;
33
*26%
V"
<
27%
4%
4%
*75
80
*63
'
\
■
65
13%
;
,
*75
13%
*17
17%
*32 Va
33
*32%
33%
400
27%
*26%
27%
27%
27%
300
4%
*4%
4%
100
80
70
4%
*75%
»>.
13%
*12%
*17%
18
*17%
17%
80
*75%
67%
84%
*83%
84%
"r 84
55%
55
8%
99%
7%
8%
8%
8%
17%
17%
17%
99%
99%
*99%
82%
82%
82%
7%
7%
7%
82%
82%
7%
7%
7%
86
86
64
64
64%
13
13'A
13%
90
90
7%
64%
13
*81
*85
90
9%
9%
29%
30%
*30%
10%
10%
10%
*13%
8%
27%
15%
32%
8%
*47
33
%
1%
*4%
4%
*6
44%
*113%
8%
*4%
7%
45
44%
32%
33
*105%
107
*40
40%
*111
*40
112%
*111
113
♦22%
:■
2%
22%
*2%
89%
17
44%
8%
32%
106
106
112
*111
112
% V
-
2%
23
2
22%
3
15%
15%
15
67%
68
67%
*2%
14%
14
17%
67%
*14%
14%
25%
3%
27
*69%
9%
25%
25%
25%
17%
18%
15%
15%
*66% "67
1,200
15%
15%
66%
67 V
14
14%
71
13%
43%
43%
71
*69%
*9%
9%
10
9%
*41
26
44
25%
*42
25 Va
Servel
$5
25%
25%
1 %
1%
1%
1%
1%
1%
*lVa
1%
*lVa
1%
*24%
24%
*24%
24%
*24%
24%
*24%
24%
*24%
•24%
12%
12%
12%
12 Ve
12%
12
12%
45%
44
45 Va
44
44
24%
19%
12
42%
19%
23
11%
23
12
43
42%
*3%
26
43
43
3%
*3%
26%'
26%
3%
3%
27
26%
200
20%
*19%
20'A
19%
20
19%
20
23%
*22%
23%
*22%
23%
23
23
*31%
32
*31
33
*31%
33
*23%
*23%
24
23%
13%
14
3%
4
26%
28%
28%
144%
*141%
24%
3%
26%
26%
28%
♦141%
13%
26%
29'A
23%
23%
23%
23%
14% >
14
14%
14
14%
4
4
26%
25%
4
x3% %■
26%
28%
28%
28%
144%
141%
*25%
28%
*141%
145
24%
"
23%
141%
24%
24%
24%
24
26%
24%
23%
4'/a
28%
24%
-
26%
So
2,600
Southern
California
14%
14%
14%
14%
1,100
26%
27
26%
26%
24,700
Southern
42%
43%
4%
6%
4%
6%
5
v
5
6%
'V'i'-:
4% fb 5
6%
*
*50%
62
*50%
62
30%
30%
30%
31
27
27
26%
27%
•;
*6%
*51
V':
4%
6%
-
*6%
62
♦51
5
"'
4%
6%
*6
62
*52%
23%
23%
23%
11,100
44%
44
44%
2,400
53
*52
4%
6%
62
31%
31%
1.100
26%
26%
26%
26%
26%
26%
26
26%
9,100
•;39
*38
39
♦37%
39
*37%
39
59%
60
*59
60
*59
60
*58%
60
7%
8
60'A
60 %
*65
*111
112
♦64%
116
27%
38%
38%
!
70
114%
61%
60%
38%
112
28
•115
70
116
$5.50
—
31%
7%
7%
61%
38%
t *111
*64%
*115
27%
28%
27%
8%
8
61%
61
38%
37%
112
68
116
28
111%
113%
*111%
113%
*111%
113%
IVa
1%
1%
1%
1%
1%
3%
3%
3%
•111
v
'
*64%
*115
27%
*112
8%
7%
116
*37%
39
*58%
60
7%
70
.
$3
29,100
60%
61%
60
60%
37%
38%
1,100
;-*64%
*115
112
68
116
27%
27
27%
113%
*112
113%
*111
112
*64%
116
67%
116
26 %
*112
26%
Jan
113%
Dec
1
13
18% Sep 24
7
4
17% July 6
73% July 26
28
1
2
20
18% Aug
7
22% Aug 16
4% Apr
19
2
2
1
2% Jan
2
5
16% Jan
11
20% Jan
2
25
Jan
21% Jan
15
2
5%
20
7,100
113%
$5
$4.50
6
6
11
5
2%
Jan
144%
Jan
14% Apr
9% Apr
10
Jun
18 %
Nov
18%
Feb
12 %
Jun
100
42% Jan
12
66
5
34%
Jan
2% Jan
6
2% Jan
6
6% Sep
4
57% Sep
6% Jun 30
Apr
1% Nov
17%
Apr
3
Aug
3%
Dec
Feb
59
July
24
Nov
31% Sep 24
35% Mar 15
21%
32% Jan 18
44% July 24
30
Sep
37
Mar
57
Jan
9
60
49
Mar
60
Jan
3
2
Sep 20
Dec
Jan
2
35% Jan
7
64
1
33
Jan
6
42
100
109
Jan
28
No par
-No par
49
Jan
10
70
July 31
113
Feb
17
117
Aug 20
Apr
109% Aug
26% Sep
>100% Jan
24
par
7
28% Sep 14
115% July 30
89% May
.-No par
A Jan
2
2% Mar 13
1% Jan
4
9
Jan
5
33% Sep
10% Jan
5
38% Sep
40
Brands, Inc new—No par
No
Oct
50 % Mar
2
24% Jan
No par
,
39
1%
•
31
Jan
21% Nov
12% Jan
May
21% Jan 26
Jun
Nov
122 Va
23%
18
14
Dec
15%
5
No par
No par
preferred
10%
26%
5
Apr
Jan
15% Nov
Apr
49% May
No par
1
A__
20%
17% Jun
2
conv
or<»? series
149% July
Apr
Jan
Oct
1% Mar
14
-
8
14% Sep
33
Dec
Nov
30%
Apr
6Va Mar
9
1
preferred A
Inc
1%
9
15% Jan
par
Dec
27
15 % July
35% Jan
-No
Dec
Jan
17
•
par
100
—
Aug
4%
'
30% May
30% Apr
tr ctfs
preferred
Standard
30% Sep
25
35
Nov
18%
•
No par
stk
preferred
8quibb (E R) & Sons
•
Apr
6
28% July 26
10% Jan 13
7
OHM
.
5
15% Jan
7.50
No par
Dec
Nov
7%
19% Apr
15 % July 15
132
9%
66
Va Apr
203/a Aug
45% Sep 22
Jan
——
—
18
15% Jan
19
Jan
July 14
lOVaJan
par
10
Dec
Nov
60
Apr
4% Mar
30% May
10% Apr
2Va Jun
11% May
July 13
...No par
15
Co_
tConv $4.50 preferred
Square D Co—-.
—
o
27
Xl3 Va
11%
10%
Dec
64 Va
24% July 19
23% July 20
39% July 16
25% Jun 10
No
& Ohio
Jan
Jan
Apr
>
May 29
1% Feb
July 15
Nov
4%
7
2
Dec
3% Mar
62%
8
30
Apr
17 Ve
.
May
52
July 13
10% May 21
28% Jan 11
A Feb
1% Sep
10% Apr
1% Dec
Jan
8% Jan 20
Jun
43 Va
Jun
conv
Spiegel
1,070
37%
*111
Dec
10
5
Spencer Kellogg & Sons
Sperry Corp (The)
Spicer Mfg Co
-liJO. •
«».—.
7%
37%
61%
37%
112
67
>%■
8 %
39
116
25 Va
20
29
Ry
Sparks Withington
Spear & Co
600
31%
59%
Sep
Jan
'
31%
39
38%
6%
62
31%
7%
4% Jun
90
5
preferred
tMobile
3,700
31%
*59%
111
*6%
*52%
5%
20
4%>
31
*38%
*38
54
4%
26% Jun
8
12
14
Southern Natural Gas
Southern Pacific Co
43
4
Jan
2% Jan
Edison
14%
26%
23%
22%
Oct
Apr
109 Va Aug
106 Va Jan
% Dec
9
100
26%
*52
98
1
-No par
22%
53
Dec
May
4% Mar
17% Jan
Sugar
preferred
8%
Jan
21%
2
46
Iron
Jan
Apr
78
Va
2
•
Jan
19 Va
1
59% Jan
5
44
110
-
Dec
Mar
4
Porto Rico
26%
*52
Mar 23
31% Jan
S'eastern Greyhound Lines—
20
Apr
2
16'A May 5
73% May 8
10% Jun 11
South Am!Gold & Platinum
23%
43%
112
Nov
Sep
7% Sep
10
Sep
Jun
2
8
No
23%
53
16
7
&
26%
43
1
Feb
5% Jan
Socony Vacuum Oil Co Inc„
1,500
24
Steel
*14%
*52
Feb
115
107% July 24
64% Jan
preferred-
14%
44
43
4
21
24%
53
9
May
15
A
1/ ^
12%
19
Jan
par
34Ve Jan
x9%
% Jan
10
27%
"
37% Apr
Jan 15
107% Jan 23
-No par
15
14%
44
12
96
par
Oil
23%
*52%
12% Mar 26
38
Petroleum
26%
44%
29%
Dec
13% Nov
Jan
16 Va Jan
14%
53
5
104
Mar
11
111
-
24%
44
8
13
-No par
Co___..No par
Pen
21%
May
A Jan
Va Jan
47% July 24
Sep 17
114
Nov
47% Nov
Jan
Sep
par
...No
A
ser
27%
-53
;
2
19% Jan
.No par
pref
27 %
14%
7
9
54
24
14%
8
7
...No par
*14%
'
v
16% Jan
Smith (A 0) Corp
Smith & Cor Type v t c
600
28%
143
24%
Mar 11
Sep
5
(W A)
$1.20
9,600
*138
16
10'/8 Jan
Sloss-Sheffield
41,700
'26%
143
!
Jan
,100
Corp
Skelly Oil Co—
200
14 Va
4
28% "28%
*138
1
Jan
y
Slmonds Saw h Steel
500
14
4
1
Jan
Nov
6%
Feb
3*2 Jan
(Frank G)
60
32
23%
23
1% Mar
3 Ve Mar
7
-No par
Corp
preferred
conv
Sinclair
400
23%
31%
4
36% Mar 30
6
35
Inc
Simms
>-
39,300
*19%
24
9
2
105% Jan
par
Silver King Coalition Mines.
20 %
14
2
28
Jan
4
No
..No
9
9%
7
May
34% May
Simmons Co
32%
13%
16
50% Aug
100
1,500
23
*23%
27% July 19
18% Jun
—5
3,100
20%
*31%
7
6
32
Jan
Apr
4
28% Jan
Oct
Jan
54
6% Apr
3% Jan
8
20% Jan
Corp
conv
6%
4
11% Jan
Jan
Jan
27%
18
'
3%
27
23
32 %
2
8% Jan
5%
31% Nov
July 19
Oct
Jan
85%
Apr
43
5
Shell Union Oil
5,700
*
1%
3%
27
Sep
12
17% May
9% May
..No
tSheaffer
5,300
3%
14
7
8
5% Jan
par
-
7%
74
Apr
3% Mar
*20
Jan
Jan
129% Mar
75%
par
100
Shattuck
20
26%
9
Jan
9
6
No
preferred
$3.50
3%
12% Sep
7% Jan
,100
Sharpe & Dohme
500
27%
39% July 21
1
% Jan
Sharon Steel
/
5,900
44
4
10
Sears Roebuck & Co
240
9%
34% Feb
100
preferred
Seagrave
71
*69%
9%
300
14
10
Seaboard Oil Co of Del
16,600
15%
2
preferred
4-2 %
9,700
17%
25 A Jan
6
11% July 13
32% Jun
2
tSeaboard Air Line
2,600
3
87%
14%
25%
24
*2%
86%
17%
17%
*
1,200
88%
93% Jun
2
Dec
86%
May
% May
pat
Francisco
preferred
Scott Paper Co
7,400
87
67%
*69%
'
.No
$4 preferred
3%
12
24%
23%
-
3
"2%
\% -v'
2
7
-
preferred
$4.50
15% July 19
Jan
5% Jan
preferred
10
!
%
2
(The)
20
-
.
111
80
par
5 % %
*
300
26%
42
*26%
*23% "'24
3%
89
14
9%
25%
>
^ ■■■V*
2
41
112%
111
%
2
66%
43%
•A
500
3%
11%
4
*111
■
*15%
V:*
71
*9%
43%
15%
%
■
40%
'
...
5%
19
100% Mar
4% Jun
54
Deo
Dec
Nov
2% Jun
78% July
10
.
13
71%
13% Sep
20
Dec
49
*94% Jun
70
Dec
18
Dec
7% Feb
Mar
Feb
Dec
16
38% Jan
Feb
Sep
Sep
3% Nov
7% May
*55
10% Apr
6
20% July 14
101% May 24
86% Apr
6
9% Apr
7
1
B
Savage Arms Corp
Schenley Distillers Corp
7,100
•
27'A
42
*31%
71
43%
9%
*42
25%
*1%
*24
*69%
,
24
88
17%
■
^2%
23%
89%
17%
u
*2
3
88%
17%
,
23%
3
90
%
%
2
33%
5
70
par
5%
19% Jun
85
July 19
59% Jun 12
98
No
5%
6
1
Safeway Stores
;
May
23%
1% Jan
9
100
..
Tob class
Louis-San
29
62% Sep 15
2
7% Jan
.No par
Corp
Co
5% Apr
15% Nov
28% Nov
May
85
Co
Oil
5
100
•
Mfg
Jun
100
_
tSt Louis Southwestern
6,000
105%
6
.No
Mfg
Antelope Copper Mines—
6%
60
8%
4
5% Jan
Joseph Lead
tSt
——
2,900
32%
112
112
8
105 %
40%
*40%
St
40
44
73% Jan
No par
,
Dental
Ruberoid
600
113%
8 Va
107
112
14'A
9%
*105%
*111
15%
70 %
106%
40 .v.:
*iu
17%
43%
8%
32%
112
68%
9%
8%
32%
112%
14%
*42
8%
32%
43%
*113
6
preferred
conv
(R J)
1,200
5%
*6%
44%
113%
*111
15
*69%
*4%
2
Rustless Iron & Steel Corp—
$2.50 conv preierred
.No
5,200
yV
1
Jan
—100
ser A..
14
95% Jan
Spring
Roan
10
33 Va
prior pfd
pur
100
preferred
Kichfield
2,800
9
conv
Rltter
900
15%
48
1
8
44%
113%
*111
68%
:
8
32%
*6%
45
113%
*113
112%
88%
?
45
2
Rheem
•
100
27%
.
5%
40
3
18
*4%
Va
33
%
lVa
40%
22%
2%
88
33'/a
*A
*40
2
v
15
48
*1
113%
*105%
%
.
33
%
1 Ve
8
4% Jan
1
...,
.No
tCommon
1,200
8%
27%
15%
49
111%
111%
:•v-'-r'.
15%
33%
*8
20
4
Reynolds
100
8%
Jan
4
5 % %
3,900
■"
1%
*6%
8%
32%
v
'
13%
40%
*111
%
V*2
106%
10%
*47
6
44%
33
14
13%
12
69% Jan
10
10
*•&
8
38
1
42% Jan
Reynolds
7,100
13%
%
113%
8%
*105'A
15%
*6%
f'
13%
27%
22
Dec
25
?
t
10%
*8
Apr
6
10% Mar
100
Reynolds Metals Co
200
14
27%
11
20
5
15 % %
2,600
10%
49%
*4%.
*37
90
*13%
8%
33
38
*13%
27%
5
44%
32%
13%
4%
113%
8%
30%
1%
1
7'A
*113
30%
14
*47
33%
•A
30%
10%
15%
49%
33
30 Va
*36%
70
4
Revere Copper <fe Brass
t7 % preferred
120
9%
*8
15%
4%
*6
114%
8%
15%
1 Va
'9%
,
Jan
Jan
6 %
1,400
9%
90
39
6
60
89%
37
27%
i
13
9%
10%
8%
86 %
65
13
30%
*13%
27%
iVr
*1
*85%
*63%
76% Sep 11
86% July 27
13% Sep 20
It'/a Jan
10
Inc
Dec
20
8
Motors,
Dec
12
26% Feb
30
8
Republic Steel Corp
6% conv preferred
22
22% May 5
34% Mar 30
Jan
Reo
15% Jan
7% Jun
Aug 24
23% July
11% Apr
23% May
Preferred with warrants
i2,7uo
Dec
Dec
54% Dec
22% Jan 22
3% Jan 14
5
Dec
3%
14% Jan
2
26% Jan 20
50
50
Mfg Co
Remington-Rand
6
59%
Apr
34% Jun
7
50
preferred—..—,
2
26
32
tRensselaer & Sara RR Co
40
89%
13%
14
*47
33%
i9«
10%
*8
49%
32%
%
1%
14
5
17%
100
9%
37
*27%
15%
15%
49 %
37
*13%
27%
86
65
90
9%
30
-
6,700
86
29% Jun
15% Jun
66% Jan
200
7%
90
10%
14
27'A
•
15%
*47
82%
7%
13%
13%
8%
27%'
*81%
*63%
2
7
6
20
•
1,000
7%
13
9%
8%
82%
86
Jan
26% Jan
Preferred—100
(Robt) & Co 1st pfd
100
Reliable Stores Corp
No par
100
17%
13%
65
7
11% Jan
Reis
290
*99%
7%
21
2d preferred
Real Silk Hosiery
7,800
84
17%
*81
10% Jun
1
99% July 14
Reliance
55%
*8%
71
2
1
4%
1,600
17%
99%
13'/a
30%
♦36%
14
8%
4
25
Inc
1st
Jan
3% Jan
54% Jan
100
preferred
4%
---
99%
100
preferred
Reading Company
v
400
%
>
*63%
91
30
37
54%
"
$3
18
*83%
conv
Rayonier
-
70
13%
17%
13%
^ 9%
-
86
*17%
64%
90
13%
10%
86
64%
9%
30%
*36%
14
*8
*85
*13
90
9%
30
14
*13%
>.
•
1
37
13%
86
*12%
84%
8%
1
80
V
70
:
55%
•
'
-
82%.
8%
17%
•'
*75%
.
18
55
8%
it
17%
*83%
18]Va
100
'
,
'
13%
17
55
17
-.v
68%
*17%
84
*54%
80
13%
.
18
17%
54%
*81
-
*4
13%
17%
'
17%
69
67
*12%
17%
t6%
900
33
18
17%
900
*32 %
54%
8%
3,400
x27%
*83%
17%
14%
31 %
28
85
100
14%
30%
32%
*4%
59
1,200 & Raybestos Manhattan.
14%
55
17%
27
31%
54%
*8%
26%
17%
*83%
*99%
26%
14%
68%
17%
1,370
31%
13%
17%
93%
26%
27
par
1
91%
14 %
4%
No
1st preferred.—No par
conv
Radio-Keith-Orpheum
92
17%
-
Corp of Amer
$3.50
i
91%
31%
*75%
.
3,700
24,700
14%
*4%
66
Radio
38,100
9
31%
32%
■
.
*17%
*27%
■
80
*17%
17%
14%
17%
:
8%
92%
27
31%
17%
4%
13%
18
16%
14%
*31
27%
v
92
26%
32%
65
8%
<
94
26%
27
"
■
8%
8% Sep 22
Sep 13
July 14
116% July 13
2%
1
31%
Jan
Sep
Sep
4%
Jan
29%
45%
Jan
27%
Jun
38%
Jan
108
Dec
40%
114
Feb
49%
113
Jan
Jan
Ho"
Jan
"
3%
3%
1%
3%
3%
33%
32%
1%
1%
3%
*3%
1%
3%
1%
1%
2,600
3%
3%
4,200
$1 preferred
.-No par
33%
2,800
$6
cum
17,800
$7
cum
prior preferred
prior preferred
-No par
—No par
Oil of Calif
-No par
Standard Gas 8s El Co
33
33%
33
33%
33
38
38%
38
38%
38
38%
36%
38
37
38
37%
38%
3 8'/a
38%
38%
39
38%
38%
38%
39%
38%
39%
38%
38%
35 y»
35%
13,700
35%
35%
Standard
35%
35%
35%
35%
35%
35%
35
'i
35%
59
59%
59%
11,900
59%
59%
60
59%
60
59%
60
59%
59%
42%
43
43
19,500
42%
42%
Standard OH of IndianaStandard Oil of New Jersey
*41%
7%
7%
29 '/2
29%
62%
62%
12 y4
12%
gJ/2
7%
7%
30
30
7%
*30
7%
30%
42%
7%
30
33
42%
7%
30
7%
1,000
Standard Oil of Ohio
7%
3,600
Standard Steel Spring
Starrett Co (The) L S
1,300
6,300
4
6% Aug
3
66
1
14
July 12
25
Jan
2
12%
12%
12%
12%
12%
12%
12%
12%
12%
6.200
12%
12%
12
12%
12
12%
11%'
12
5
11%
Sterling Drug Inc
Stewart-Warner Corp
10
12%
12%
12%
7% Jan
12
9%
9%
9%
12,500
9%
Stokely Bros & Co Inc
1
2
9%
4% Jan
5,300
12%
12%
12%
12%
33,300
*56%
57 %
57
57
500
130
5,000
12%
12%
12%
12%
12%
57
56%
56%
*56%
57%
128%
5%
19%
*128
128%
5%
5%
19%
19
3
27%
*29%
11
*10%
%'
footnotes
26%
see
130
*128%
130
19%
19%
19%
19%
3%
3%
3%
3%
3%
3%
3%
27%
27
30
"128
5%
71
26%
128
5%
2%
*29%
128
5%
71
71
26
5%
19%
30
11
27%
page
1259.
5%
5%
19
5%
19%
*128%
*5%
19
3%
5%
4,000
19%
1,400
3%
38,700
Stone
&
5% Jan
(The)
(The)
Superior Oil Corp
72%
73%
73%
73%
74%
75
1,000
27
26%
27
26%
26%
Superior
26%
26%
1,300
30
29%
29%
29%
29%
*28%
29
700
11
li
11
*10%
31
300
Superior Steel Corp
Sutherland Paper Co
Sweets Co of Amer (The)
*10%
11
26%
27%
*10%
27
27%
26%
27%
26%
27
6,400
Oil
Swift & Co
of
8
29%
Dec
20
Apr
29
Dec
Apr
47
Dec
45% May 26
30%
25%
Apr
40
Nov
9% May 5
31% Mar 31
22% Dec
34% Jan
42
62
Sep
May
14% Jun
10% May
13% Jun
21
7
—No
Calif
6% Nov
12% Jan
2
1 % Jan
2
58% Feb
—
23
14% Jan 20
•
Jan
Nov
6%
Jan
par
•
4%
Apr
63% Mar 30
10
Dec
8% Nov
3%
129% July 23
7% Apr
1
25
Jan
4
9
100
Apr
7
6
2
5%
3% Mar
5
Apr
3% Jan
122 s
C*t
60
1
Superheater Co
71%
May
%
38% July 14
100
100
cum)
27
6
48% Jan
—No par
Class A pfd (4% %
Sunshine Mining Co
2
5% Jan
1
Sun Oil Co
71%
*29%
58% July 30
Webster
Studebaker Corp
Mar
37% Jan
1
—No par
12%
9%
18
8
63
9%
Jan
2
62%
9%
13%
12
63
9%
Apr
28% Jan
62%
9%
6
25
42%
30
18
28% Jan
63%
57
For
42
*29%
Jan
46% Jan
63
12%
26%
7%
30
Oct
11%
6% Mar 13
25
63%
57
*10
42%
2%
21
Sep
% Apr
C % May
25
62%
57
2%
7
30
33
63
12%
71
*41%
33
62%
9%
12%
*128
32%
-
A
22
May 28
4% May 10
43
Apr
116%
Apr
3% May
11% May
1
Apr
55%
128
.
Jan
Dec
5%
Jan
15%
Jan
1%
Jan
16%
Dec
26%
Dec
82
May 7
32% July 23
26'A Jan
4
33
12%
4% Feb
1
12 V2 Jun
5
23
22% Jan
2
27% Jun
2
July 24
9% May
17%
Feb
3Ve May
20
Sep
4% Aug
25
Jan
RECORD
NEW YORK STOCK
LOW
Saturday
Monday
Sept. 18
Sept. 20
$ per
Wednesday
Sept. 22
Sept. 23
$ per
share
$
share
S per
.
31%
31 %
31%
31%
31%
31%
31%
34
33%
34
33%
33
32%
6%
6%
7
6Va
6%
6%
34%
6%
*6%
7%
6%
7
6%-
6%
6%
6%
6%
6%
43%
42 %
42%
600
150
800
2,300
18,400
6,600
4,500
8,200
6,900
1,200
6,200
220
400
*6%
S per
Par
S per
share
1912
Lowest
'
Highest
per share
$ per share
share
Jan
8
35% Apr
22
19 % Mar
29 %
22% Feb
8
35% July
8
15% Aug
4% Jan
2
8% May 20
3% Aug
25% Dec
5% Jan
5% Jan
25
Jan
2
29
Swift International Ltd
4,000
5,000
7,100
Year
Range Since January 1
Lowest
Highest
^
31%
32%
6%
31%
33%
32%
34%
34%'
31%
-
Shares
$ per share
per share
31 %
31%
Sales for
the Week
,
Range for Previous
stocks i. NEW YORK STOCK
EXCHANGE ^
./..
.,
Fridav
Sept. 21
Thursday
Sept. 21
share
S per
share
\
'v
PRICES
AND HIGH SALE
Tuesday
Monday,-September 27, 1943
COMMERCIAL^& FINANCIAL CHRONICLE
THE
1258
Sylvania Elec Prod's Inc.—No par
Symington-Gould Corp...,—
1
Nov
T
41%
41%
42%
42%
43%
43%
*4%
4%
4%
4%
4%
4%
4%
4%
4V4
4%
4Va
7%
43%
4%
11%
11%
11%
11%
11%
11%
11%
11%
50 Va
49 Va
50%
49 Va
50Va
49%
50
'.5%
5%
5%
5%
5%
37
16
7%
*6%
7
;'v7V: :?
:
11%
11%
11%
11%
49%
50
49%
50
'50
5%
5%
5%
5%
5%
36%
36 %
36%
37
16%
16%
16%
16
17
11%.
10%
10%
11
10%
23%
23%
24
*22%
11
11%
.90
*87
,14%
11
11%
22
22
11%
48
48 %
48%'
11%
48%
12%
48%
6%
9%
47%
47
14%
28%
29%
29
29%
29%
2%
2%
2%
2%
2%
21%
21%
21%
20%
21 Va
20%
20%
2%
*19%
2%
20%
14%
.
14%
14%
14%
14%
14%
14%
14%
14%
99%
99%
:i4%
99%
29
29%
29
29%
49 Va.
,.48
48 Va
100
100
99 %
27%
28
28%
29 •
49%
49
49%
■
*48%
29
29
29
9934
100
2Vi
,
29Ve V
29 Va
29Va -; -
29%
48%
49
*48
100
100
100
12,300
1,350 "
4,300;
; 1,300
49
"
8%
8%
8%
8%
8%
8%
8%
8%
8 Va
8%
8%
23%
23%
23%
23%
22%
23%
21%
22%
22%
22%
14
14
14%
14%
23%
*13%
14%
*13%
14%
*13% 714%
*13%
14%
3%
.
23%
23
23%
23
8%
23%
100 %
31%
31%
32%
100%
100 %
100%
7%
*6%
7%
*7%
73%
74
73%
23%
22%
31 %
100%
*99%
100%
7 Va
6%
75
*73%
74
*100
.
*6 3 4
*73%
.
*99%
31%
7 Va
.7
31%
23%
31%
100%
*10%
10%
10%
11 Va
10%
10%
53%
54%
53%
54%
53%
54
54%
10 %
10
10%
*6%
7
'
10%
10%
83 Va
83%
83 Va
>115%
112. Va
*115%
116%
83 Va
116%
*115%
116%
19%
19%
19%
97%
98
93%
94%
94 Va
95
95%
28
28 %
28%
28%
•7% Jan
30%
30%
*20 Va
21%
21
63 Va
*23 Va
*63
25
*23%
25
1%
33%
'
7%
14%
*7%
62
7%
8
75%
V!
2,500
Union Pacific RR Co
95%
4%
62%
95%
95
95
28%
28
28 Va
1,500
4 Va¬
1%
1%
1%
1%
33%
33%
33%
14%
151«
14%
7%
7%
7%
7%
62%
61%
61 Va
x59%
15
14%
*61
X7O-*4
76 %
United
Electric
900
United
75%
4,100
United
Fruit Co
74%
75%
75
2 V.,
2%
2%
66.800
r
24%
24%
24 Va
2,800
4%
5%
4%
4%
400
2 ',4
23a
24%
24 5
4%
97
97%
*97%
99 %
*97%
99 Va
97%
97 %
16 7
175
8%
8%
*42%
8%
42 %
42
42
42
42
180
*36%
37%
36%
36%
36
36
1,700
*5%
5%
•
:
112
6% ;?;•
67a
39%
40%
45%!%
9%
16Va
*110%
6%
9%
*9%
9%
33 Va
1,400
40 %
40%
600
39%
39%
39%
900
*40%
42
40%
40 %
40%
*39%
40%
39%
2%
2 %
2%
2%
1%
46%
45%
45%
45%
44 3 4
45%
126%
126 3 4
126%
126%
126%
34
57'«
56%
56%
56
56%
55%
70% %
70%
70%
70%
71
71%
*41
120%
120%
121
23%
23%
48
48
23%
*48
53%
54%
53%
121%
121%
121%
23%
23%
23 %
54%
122
23%
48%
50
*48;
.
y
*48
54
4,300
45
11,000
125%
126
2.500
54%
53 %
56
1,800
73
72
527
53%
53%
1211
121%
121%
233
23%
23 Va
23%
50
48
48
44%
54 %
71%
54
2
*1%
2
45
45%
126% 126%
55%
53 7 «
*72
«
121%
24
*48
50
1,000
72
■I
54 i
26,200
-v. i
3,100
122
2,200
50
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
2,200
2%
2%
2%
2%
2%
2%.
2%
2%
2%:
2%
2%
2%
10,900
*81
95
*82
95
16
16
16
34%
69 Va
69%
4%
4%
.'-35
69
4%:
*160
4%
162
162
35
69%
162
95
*83%
16
34%
•
*83%
15%
15%
4%
4%
4%
35
w; 35
69%
*158
70
—
*34
83 Va
83 V2
15%
15%
15%
700
4%
4%
4%
2,100
-■V
4%
34 7
35
70
a
70%
70
*158
95
*15%
15%
4%
100
*83%
95
15%
■vV
Jan
Dec
6% Jan
4
15% Jan
27
11% Jan
5
J—
July
7
10% May
5
4
Jan
6%
25% July
8
7% May
18V»
16% Apr
6
8%
12% Mar
50
4% May
1 Va Jan
69
90
Jan
*153
v
35
71
36
300
70%
35
70 %
460
30
*158
—
-'••% Mar
8
56%
May 25
5 Va
Jun
24% July 15
7%
Jan
Jan
34 Va July 14
9% May
6 % Jan
25
100% Sep
99% Sep
19% g^an
9% Jun
1
1%
Jan
Jan
77% Jun
18
21 %
Jan
6% Jan
11% Jun
10
/
59
18
29
May 5
108
Apr
114
71
Dec
Nov
Nov
7% Aug
16
Oct
26%
Nov
May
r
10
6
Nov
78% Nov
7ya Nov
46
Dec
;
9%
Jan
83
Dec
113%
Nov
108
v
Jan
16%
Dec
v
May
102% July 16
63%
Jan
85% Nov
80% Jan
July 22
74%
Jun
81%
Feb
30
Feb
114% Jun
93 % Jau
33%
20
21Va Aug
23%
3
Jun
y36% Jan
89
May 27
Apr
1043/4
Jan
Apr
20%
Dec
7%
Julyx 8
9% Mar
17
Jun
11
104% Mar
113
69% Jun
8
Jan
12
1
37
May
Jun
3
16
Jan
22 % May
114
7
9
38% Jan
4
66
x26
18% Jan
% Jan
2% May 10
17% Jan
34% July 14
5
5Vb Jan
26 V2 Jan
15% Sep
12
60% Mar
Apr
1%
Apr
33 % Aug
3
July
July
4%
30
3% Mar
5
Oct
Dec
20
Feb
18
Dec
8%
Dec
3%
Nov
50
Jan
6%
Sep
Apr
8
25%
Jun
35
Feb
76% Sep
21
48%
Jun
72%
Jan
21
May
5
16%
35
9
2 % July
16
2% Jun
Jan
Oct
58 V2
Jan
33
11
22
9% Jun
4
5
ex-distribtion_
Apr
100% Mar
22% July 14
2% Jan
No par
Sep
58
xll8
15% Jan
16
Jan
7Va
26
86% May 27
105% Jan
17% Jan
5 Va May
28%
2
July
11% Feb
2%
'3
4% Jan
67
4
»:
Jun
4
12% Jan
7% Jan
Cos.
Jan
11%
Apr
3VsJan
4
5% Apr
6
2%
Sep
4%
Feb
No par
No par
4% Jan
6
13% May
4
2%
Apr
5%
Dec
20
77%
Apr
Taperboard
U S & Foreign Secur...
1st preferred
$6
U S
No par
—20
100
5
Freight Co.
Co
preferred
U S Gypsum
1%
U S Hoffman Mach Corp
'
!
U
conv preferred
Indust. Chemical,
50
5% %
S
Inc._No par
No
Co
Leather
U S
par
Partic & conv cl A—......No par
+Prior
100
preferred.!
Lines Co.—
U S
Preferred
1,800
33%
42
40
l'a
43%
20
16% Jan
10
21,400
7%
33%
9%
34%
39%
y
Jan
31% May
2634 Sep
40% Jan
10
1,000
17
112
6%
7%
*93a
*9%
34%
34
*16%
*110 Va
16%
112
800
6
*5%
33%
9%
9%
2
126
126%
..
110% 110%
7%
6%
42
*39
40%
2%
6%
6%
17
17
:
6
34%
34
'
17
11?
7
9%
9%
17
*110
17%
17%
*110
*5%
6
6
6%
6%
•
3,500
8%
Coal
United Gas Improv't
United
140
37%
'Zk 37
37
2,600
8%
*8%
8%
400
74%
176
176
42%
9
42 %
37
8%
16%
74%
74
176
42 %
8%
42%
175
16 %
16%
73%
*173%
73%
7314
175
175
16%
17
*16%
8
73%
72.%'
34%
United Mer & Manu Inc v t e—t
100
175
34% Mar 31
May
1
10
Eng & Fdy
97%
175
*39%
53%
2,400
28 %
4,200
*16
Dec
22
100
320
7%
28%
10 %
73%
97
55 % Jan
Preferred
58%
*7%
76%
8
Mar
109% Jan
Dyewood Corp
58%
10%
17
17%
United
Feb
85
40
United Drug Co
7%
10%
17
39%
*70'
600
7%
10%
73%
34
56
7 V'4
,
10%
73
34
126%
7%
10%
17%
6%
45%
32,300
x97%
99
112
2
14%,
Corporation.—i.
Nov
10%
15% July 14
No par
..No par
No par
No par
preferred—....
5914
2%
*4 5
1
*9%
14%
15
10%
36
6%
$3
28%
24%
4%
United
31,900
1%-
*7%
2%
*4 Va
32,400
34%
1V4
Nov
157/a
Jun
103 % May 26
4
14
100
Corp
*27 7 8
25%
2%
24
33%
V'i
',24%
Fast
United-Carr
1%
Jan
12
28% Mar 30
i
Jan
9% Jan
.5
100
5
Carbon Co
United
28
28
28%
600
65
preferred—
27%
JJ Mar
25% Jan
—.No- par
Biscuit Co
United
Dec
8V4
24 % Jan
preferred
Sep
Jun
9%
10
100
8
7%
8 vV-
25
.
conv
5%
*23 %
24
*23%
;
300
10%
42%
6
'
24
*23%
21%
65
64%
64%
63%
5%
Feb
3%
17% July
4
96
United Aircraft Corp
Jan
Jan
5 V4
79% Jan
Un Air Lines Transport..
*114
*114
63 %
18,000
Dec
2%'July
No par
Union Tank Car—
600
28%
*21
21%
*21
12,100
32
110
277'8
il V8
9
17%;
21%
*108
29
10%
175
110
10934
27%
31%
32%
109%
29%
34%
2%
4%
31%
109%
21%
24%
8
25%
33%
a
28%
25
100
preferred
4%
3,300
28
33%
8
8
2%
.
95
28 %
*114
7%
24%
'
95%
27%
1%
;
76
.
94%
28%
75
9
36
97%
76%
175
*42
97%
74 %
10%
72%
97%
28
2%
*16%
97%,
28%
24%
*96%
98
28%
2%
10
98
28 3 4
24%
*4%
14 Va
62%
7%
61%
*28%
34%
33%
14%
14
98 V2
1%
1%
33%
10
116%
Mar
94 Va Jan
5
*116
3
4%
8
Jan
113
*
_
Jun
52%
30
Mar 18
3
26% Jun
4
113
82%
Union Oil of California.,
64 %
2
Jan
Jan
9%
34%
July 23
33% Jun
2
160
63%
63 Va
1 Va Jan
16
I
Oct
24 Va
42
Apr
3%
May 27
15
4
5
13
6,700
*23 Va
63%
8% Jan
2614 Feb
Jan
20%
*114
*114
>114
Jan
Jan
116%
21%
.••'3
Oct
Jan
41
18
6% May 24
2
Jan
112%
*20%
21%
I
July 28
49
5
Nov
2% May
July 12
9% Sep
•
8
*116
32%
7
33 V4 Jan
July
8
6
Jan
79
115%
1091
Jan
Sep
8
Jan
4
42
83 %
■
7%
5
34%
a
88
2
2% Jan
52
No par
83
•
5
No par
Union El Co of Mo $5 pfd—No par
Preferred j$4.50 series
-No par
Carb
20%
30%
8
28 7
Jan
35
4%
14
12% Sep 24
51% Aug 19
7
12
No par
Paper—;
Union Carbide &
112%
33 Va
7
6V4 Jan
Under Elliott Fisher Co
20%
110
Dec
Union Bag &
20 Va
29%
31
30%
8%
3,800
*112 %
110
109%
109
109 Va
Dec,
Apr
13 % July
2,200
21
32%
33%
32%
32%
32
8%
9%
113
28%
May
54%
20%
*95
,
37 Va
5
9%
98 Va
98%
3%
Apr
July 22
18
54%
83%
*112
Apr
5
9%
20%
112%
2
28
53%
10,000
Nov
6% July 14
41% July 13
17 % Jan
.
83
Apr
Dec
2
53%
115%
i
53% July 14
2
Oct
Jan
42%
8% Jan
Transamerica Corp.—
2
Transcont'l & West Air Inc.——5
Transue & Williams St'li^—No par
Tri-ContlnentaV Corp
—...J..—1
120
$6 preferred—
No par
1.000
Truax-Traer Corp.—i—No par
46,500 .
20th Cen Fox Film Corp.—No par
3,400 7
$1.50 pnferred—_—
.No vor
600
$4.50 prior'pfd—'
No Par
1,000
Twin City Rapid Tran_—-,-__Wo, par
210 /
7 % prefened—.
—100
1,000 V Twin Coach Co.. j.—
1
19%
112
20
109%
r
.10
30
Nov
4
9%
15
10%
83%
83%
112
112
113
83%
7% May
5% Nov
35
3% Jan
vgyyuy.
10 Va
13% May 29
74
10%
10%
■■
54%
9%
5% Mar 16
8
*72
*10%
73%
Apr
36% Sep
,
.
Apr
9
9%
10%
10%
23Va
V'
7
73
74
■
:
8%
233«
31%
8%
8%
31%
32%
100 Va
31%
MOO
8%
23
23%
31%
85
85
8%
8%
8%
*8%
8%
8%
3%
3%
85
*83
86 Va
*84
*8%
3%
3%
3%
3%
85
84%
85
*83%
85
3%
3%
3%
3%
3%
84%
'
3
Jan
41% Jan
6,500 ;•
4,800
800
5,300
8%
23%
Apr
8% Jan
Thompson1
...25
Thompson Prods Inc.——.No par
Thompson-Starrett Co___
No par
$3.50 cum preferred.—.—Nr par
Tide Water Associated Oil— .—10
V tS4.50 conv preferred.
No par
Timken Detroit 'Axle__i—10
Timken Roller Bearing——No par
1,200 •
800
4
32
8% Jun 24
45
1% Mar
3
Thatcher Mfg Co.——No par
V'. t$3.60conv preferred—_Nc par
The Fair.———.—No par
Preferred
j.
.TOO
Thermoid Co——
—1
$3 div conv preferred—
_„_10
Third Avenue Transit Corp._No par
3,200 '
7
35
Tennessee Corp....—:
Texas CO'(The):.—
Texas Gulf Produc'g Co
Texas Gulf Sulphur.—;
No par
Texas Pacific Coal & Oil—
10
Texas Pacific-Land Trust.
—1
Texas & Pacific Ry Co
I 100
-
29%
2%
29
Telautograph Corp....
3,800
30
1,100
,
14V2
*14:
14%
*14
14Va
*14
4%
4%
4%
4%
4%
9
47
4%
9
■:.*
47%
*47
9
*47
9%
9 Va
9
50
:
5
—5
—25
No par
.
v5%% partlc preferred.
10
90
*87
88
88
88%
*6%
6%
6%
6%
*6%
5
*4%
99%
49
11%
22
11'a
21%
21%
14
HVa
22
11
*14
2Va
*21
11%
23
2%
•
29
2Va
16
14%
*14
14%
28%
16%
9%
5
5
£ 5
5
*14
15%
*87
47%
47%
47%
*47
48-
16%
48
:
6%
90
9%
9%
9%
9%
*47
37
11
49
6 Va
*87
90
*88
36 Va
11%
11 %
»47Va
6%
6%
6%
*6%
49
*47%
49
"47%
37
,
5%
5%
36%
22%
'
23%
11%
11 %
%
?
16%
16
10%
*42
36%
36%
36%
23%
11
*42
Talcott Inc (James)
_j.
;
Foundry—
Card Co
U S Plywood Corp
}U S Realty & Impt
U S Pipe &
U S Playing
U
S Rubber
8%
.!
.1
10
20
10
1
10
.—100
.50
Co
x97% Sep
84% Jan
2
9 % Jan
8
"59
Jan
29
74% Sep
24
173
Jan
19
181 % Apr
17
5% Jan
17
17
Preferred
41
Sep
Apr
34%
Jan
4% July
14% Oct
4
X42% July 14
8
7% Apr 26
2%
Apr
13% Jan
6
7
Jan
Jan
16
19% Apr
8
110% Aug 24
99
Jan
22
May
6% Jun
9% Jun
10
37 Va May 25
29% Jan
13
29% Jan
13
42
Jan
15
44% Jun
Jan
2
25% Jan
5
Jan
8
32
101
26% May
30% Aug
20
32%
Dec-
3% May 10
Va Aug
1
Mar
46 % Sep
20
129% July 23
4
62
May
7
64% Jan
13
72
Sep
24
47% Jan
46
59% July 15
July 19
—.23
I
I
5
preferred
.No par
Universal-Cyclops Steel Corp
1
Universal Laboratories Inc
1
Preferred
No par
Universal Leaf Tob.
No par
1% Jan
Stookyards Corp
112
conv
100
preferred
Apr
13% May
27%
Dec
103%
Dec
37% Apr
51%
Jan
58
71
Jan
55%
Jan
54
44% May
107% Jun
6
39% Mar
46%
% May
1%
•59% Jan
Oct
Oct
12
July
15% Nov
7
41
May
13
142
Apr
152%
Dec
Jun
20%
Jan
2
6% July
Apr
2
41% July 16
9
15
150 v- Jan
Jan
Dec
20% July
9
Jan
1
%
1
24
Sep
Jan
24
60%
2% Jun
83% Sep
14% Jan 23
Apr
34% May
5
13
4
119%
3% July 19
6
33 V July
Apr
5
Aug
Jan
56
Mar
15 Va
V Apr
,% Jan
United Stores class A
2944 Dec
9
2
July
50 %
preferred..
Jun
114
8% July 19
9
15
Aug 23
42 Va Jan
8%
Jan
Jan
Jan
21% Jan
$6
Apr
34%
Jan
—No par
Co
Dec
•
Dec
4
29
U S Tobacco
64
6%
Jap
100
Jan
174%
30
125
——
Feb
11%
8
43% Sop
Jan
Preferred
87
May
24%
108
Oct
4%
No par
Ref & Min_
U S Steel Corp
7 %
159
93', M«r 25
—50
U S Smelting
United
6V4 May
40 V» May
July 13
19
39% Jun
No par
1st preferred—^
27
6
12
75 Va July
162
Sep
61
Oct
v y
20 3i
*10
*34
118%
21%
21%
21%
21
10%
*10%
10%
10 Va
35
35
35
*118%
124
124
'
35
*118%
21
10%
35 %
124
43%
20%
20%
20%
20%
20
*10%
10%
10%
10%
10 Va
3,100
20%
10%
*35
*118%
43%
36
*35
124
*118%
43%
43%
700
*35
36
*118%
124
43'/a
43%
300
V
:
*43
*61
63
62%
63
63
*61
68
*60
70
*60
70
*61
70
*61
70
*61
70
*61
70
*61
70
*61
7%
70
*23%
24
Vick Chemical Co
-V
43%
43%
*61
Van Raalte Co Inc
400
37
124
*43
4%
53%
120%
:
20
*
Vlcks Shreve & Pac Ry
5%
preferred
....
Chemical Works
a
122
23 Ta
23%
23%
23%
23%
■'% 23%
24%
*23%
24%
1,000
Victor
4%
*4%
4%
4%
4%
4%
4%
*4%
4%
1,600
Va-Carolina Chem
54% *
53%
54 %
53
51%
51%
1,400
*120%
122%
120
*119 Va
120%
20
dlv partic preferred
Va El & Pow $6 pref
53%
*120%
121%
53
52
*119%
120%
34%
35%
35%
35 Va
35%
39%
*38%
39%
*38%
39%
X39%
34%
*34%
35
35
*34%
35
105%
—
*101
105%
*143
—
35
105%
*143
105%
—
*105
*143
37
39%
*34%
*104
107%
--
120%
39%
39%
34%
52
36%
36
34 34
*38%
143
:
preferred
4%
*33
101
.
1st
23 Va
4%
54 >
of Am
Tool...
Van Norman Mach
'
43%
*42%
Vanadium Corp
.
*143
34 7
,
107%
—
39%
*104
34 7
a
107%
.
Iron Coal &
20
112%
Jun
Mar
Jan
11% Mar
26
Dec
116% July
118
Jun
12
7
44
Jun
22
30
May
51
J Jan
22
65
Aug 28
50
July
55
Jan
Sep
60
Nov
25%
Jan
Feb
57
15
22% July 31
2% Jan
4
67 Va May
26% Feb
6% July
27
Jan
1
1
Aug 30
Sep
24
x39% Sep
22
35% Sep
55
18% May
42
Jan
113-Jan 26
Dec
Oct
Jan
2%
Jan
40%
Oct
110% May
117%
Dec
Jan
21%
Nov
Jan
1
22 Va
14
24
Apr
31%
8
26
May
29%
110
29 % Jan
80
6
15
68 % July
Jan
39
,
—25
-25
;_100'
100
7%
19
Mar 15
39
Vulcan Detinning Co.
14%
Jan
Jan
preferred
25
July 14
41
115
% Jan
Preferred
*143
36 %
20
Va
6%
100
12% Feb
116
Virginian Ry Co
300
-5
No par
25% July 15
7
11
15% Jan
No par
Coke 5% pfd—100
800
39
*34%
100
5
100
100
4
8% Jan
25% Jan
X123
640
387a
39%
•
8
6%
No par
2.50
5
Aug 18
70
Jun
148
Jun
15
120
Mar
Oct
96 Ve Mar
138
Jan
W
37
*10%
27%
*102
37%
10%
37%
*10%
27 Va
107
37%
36%
36%"'
36%
37
10%
10%
10 %
10%
10%
10%
27%
27 Va
*103
37
11
37%
106%
For footnotes see page
1259.
27
*102%
27
106%
27
*104
27 Va
105
-100
System.L^.——.—No. par
Walgreen Co...
No par
A % °f,
orefprred with warr.. .100
36%
37 %
2,700
Wabash
*10%
10 3 4
1,500
Waldorf
27%
1,000
27
27
*27
*104
105
105
105
100
RR
preferred
24% Jan
4
7% Jan
5
20% Jan
2
Feb
10
103
July
11% May
28 Va July
109
Jun
38
23
29
15
10
21% July
6% Mar
30%
Jan
7%
Nov
20%
Nov
16
Apr
97%
Jun
102 Va
Oct
Volume 158
Number 4215
THE COMMERCIAL 8c FINANCIAL CHRONICLE
1259
NEW YORK STOCK RECORD
LOW
Saturday
Monday
Sept. 20 >>
Sept. 18
$ per share
S per
AND
SALE PRICES
HIGH
Tuesday
Sept. 21
Thursday
Sept.' 22 :i-h
"
V
Friday
V
S per share
S per share
share
STOCKS
Wednesday
Sept. 22
Sept. 24
$ per share
$ per share
Sales for
NEW TOEK
the Week
VV
Shares
8
*48
7%
8
48%
48%
8%
48%
18%
*18%
18%
11
*10%
11
*1%
2
49
2
49
14
13%
"24
48%
14%,
24%
25
"22%
23
%
11
2
47%
11
10%
10%
1%
1%
2
*1%
::m%
700
14
*24
49
.13%
14%
24%
*23%
*1%
49
14%
*22%
22%
*48
22%
*15%
16
*15%
15%
*15
25%
*25%
25%
*25%
25%
6%
6%
6 %
6%
23%
*22%
"22
15%
*25%
6%
75
16%
15%
83
83%
.
75
15
19,100
24 %
i
22
15%
Washington Gas Lt
Waukesha Motor Co
6%
6%
6%
6%
6,700
*23%
23%
23%
23%
500
77
*74%
77
77
200
36
Webster Eisenlohr
Jan
13
15% Jan
17% Jan
2% Jan
8
'
Wesson Oil & Snowdrift
$4 conv preferred
No par
17% Jan
No par
69
West Indies Sugar Corp
West Penn El class A
No par
2%
4
5
.
26
Va
'85
]/2
117
141-4
8%
37%
38
37%
21%
22%
.^22%
96
96%
127
26
96%
*126
36%
*34%
25
111
*58
14%
81%
81'A
96%
95%
95%
110
30%
3%
8%
9%
38
8%
:
140
14%
t
800
4
Jan
21
8% Jan
13 %
37%
x36%
22
22%
21%
22%
97%
126%
96
96%
95%
96%
*126
126%
36%
*35
36 %
*26%
110%
59%
94%
*93%
94%
*93%
94%
22 %
22%
22%
22%
22%
22%
67
66%
66%
67
67
19%
19%
19%
19%
19%
126 '
26%
59%
93%
57
*93%
22%
22%
22
96%
4
4,600
Jan
2
Apr
104
Jan
87
Aug 19
36
93
109
Jan
Jan
Apr
8
119
11% Jan
5
16
110
—100
26% Jan
7
40% July 15
15% Jan
4
24% May 29
13% May
Westinghouse El & Mfg—
26%
i
600
110%
*93%
95
22%
22%
j
22%
20
2,400
"67
67%
66%
67
*19%
19%
19%
19%
300
11% Apr
3
2
100
July
1
5
136
Jun
3,
12
40
>100
52
Mar
100
85
l.~No par
'
No par
18
Mfg (The S S)
13
60
Jan
9
97
Jan
2
58% Jan
20
15
Jan
5
21%
21%
21%
21%
21
21%
20%
White Motor Co
1
9%
9%
9%
3,100
9%
9%
9
9%
9%
13'A Jan
9%
9
9%
5,400
5%
5%
5%
5%
5%
5%
5%
3% Jan
5%
5%
6%
11,700
White Rock Min Spr Co
No par
White Sewing Mach Corp_.
1
tS4 conv preferred™
—No par
Prior preferred
20
Wilcox Oil & Gas Co
5
5
5%
2% Jan
8
♦70
*24'/«
7%
72
24%
*24%
25%
6%
6%
6%
*24%
6%
7%
6%
7
*70
6%
24%
6%
72
24%
70 %
7%
6%
7%
6%
*70
i
21
20%
70
'67%
72
*67%
26
*24%
21
70
72
13
8%
9
85
12%
13
9
85%
85%
12%
13
26
25%
25%
6
6%
6'A
6%
12%
8"%
85%
9%
85%
9%
85%
6%
6%
65/u
18,100
12%
12%
*12%
12%
'2,800
8%
8%
8%
9
34,200
84%
12%
9
8%
85
85 v
'
85%
84%
85
1,500
11%
11%
*
11%
11%
11%
♦118 %
*20%
21%
*20%
39%
39%
39%
22%
22%
21%
11
11%
*118%
*21
22
39%
148 %
147
132
21%
4
149
134
134
50
*49%
*49%
21%
20%
50
X103
50
50
50
*49%
50%
50%
31
51%
17%
143
91
*69
70%
31%
17%
;
143%
14%
14%
"14%
36%
17
♦31%
17%
37%
37%
37%
37%
96
96
96 Vb
95
96
94
13%
14
13%
14
35%
35
3 Va
35%
3%
35%
*3%
4
•Bid and asked prices;
no sales on
reduced from 100 to 10 shares.
12%
35%
34%
13%
'
•
13%
"14%
37%
12,600
94
*34 Va
34%
2,700
*3%
3%
3,200
a
Deferred delivery,
Transactions at the New York Stock
n New Stock,
Ntfg. Co
s
Special sales,
$9,118,000
$246,000
$3,000
18,250
12,538,000
689,000
9.850
661,060
9,633,000
473,000
14,600
7,996,500
377,000
2,050
8,375,550.
397,000
Of
shares
I
S.
Government
;
$56,550
2,597,000
&
industrial
58,763,600
$56,550
$61,417,150
1943
3,523,136
Total
$61,417,150
$37,000
1,866,500
79,794,400
are
the daily
closing
averages
23b
2%
Jan
Dec
Oct
8% Deo
63o
Jan
73%
Jan
6
2
3
107%
Jun
16% Deo
21% May
14% Jun
110%
24
31
Oct
Jan
Deo
125
July
Sep
106
Nov
117
Mar
54
Jun
1
54
Jan
57% Jun
57%
Jan
18
21%
Jan
42%
jun
18
44
Jun
Apr 20
80
Jun
104
Jan
70
Mar 23
39
Apr
62
Jan
31% Sep
10
18% Sep
144
Sep
15% Jan
9
10%
Apr
20
111%
Jan
23%
Oct
14% Not
121 Vb
Deo
4
17% July 13
6
Jun
37%
78
Jan
87
9% Jan
Oct
par
2
41% July 14
97% July 17
16% Jun
7
28%
4
7
May
12%
Jan
19% Jan
12
37% July 13
4% May 10
8%
Feb
7% Jan
2
Ex-dividends,
x
y
Jan
2
Ex-rlghts.
Shares)
5
Apr
1% May
If Called for redemption,
7% Not
20
2%
Jan
Deo
Jan
t Unit of trading
224,449,562
274,500
44,000
232,480
1,534,896,400
41,000
635,000
20,000
702,000
9,000
711,000
172,775
1,124,000
54,000
1,178,000
1,251,045
$4,262,000
$221,000
_
Rail¬
roads
>
i.
10,000
15
Exchange
as
10
First
Second
10
65
Indus¬
Grade
Grade
Utili¬
Stocks
trials
Ralls
Rails
ties
Total
40
Bonds
September
September
18
140.94
35.40
21.80
48.80
107.36
101.29
63.61
110.69
95.74
20
141.75
35.43
21.71
48.98
107.39
101.31
63.84
110.66
95.80
September
21
141.49
35.35
21.76
48.90
107.41
101.34
63.99
110.55
95.82
September
22
141.09
35.20
21.68
48.74
107.49
101.26
23
140.30
64t02
110.66
September
September
34.93
21.56
48.45
107.44
101.31
63.80
110.61
95.79
140.21
35.09
21.65
48.50
107.47
101.22
63.96
110.47
95.78
,
$10,000
95.86
$4,493,000
Jan. 1 to Sept. 24
1943
57,365,062
1942
12.'1.79,880
s
$4,072,000 $162,811,000 $121,935,500
69,000
10,611,000
/ 3,016,000
1,000
1,069,000
558,000
$4,142,000 $174,491,000 $125,509,500
compiled by Dow, Jones & Co.
10
Total
ties
655,000
Averages
the New York Stock
-Bonds—
Utili¬
1942
450,050
682,000
•••
221,000
$4,493,000
10
20
?.
:
TotaL.
on
1,251,045
$4,262,000
Foreign government
Foreign corporate
Stocks
30
'
Domestic
of representative stocks and bonds listed
856,000
641.000
204,840
1943
$5,802,200
91,446,000
Total
$411,000
$To~o6o
219,700
Stocks—No. of shares
75,605,621
$2,553,375
trials
802,000
Foreign
Corporate
$53,000
Week Ended Sept. 24
91,148,600
Indus-
Foreign
Government
$358,000
24
2,505,105,400
Date-
Bonds (Par Value)
Domestio
1942
$81,697,900 $2,598,807,375 $1,632,144,600
24
22% Jan
May
Apr
Apr
1% Aug
4% Apr
3% Sep
51
Sep
lVa
Jan
Total.
Stock and Bond
Below
53
15%
Jan
Bonds
Foreign
Jan
40
;
146,750
Bonds
Railroad
Not
3%
82
Wednesday
Thursday—
Friday
9,071,600
Jan. 1 to Sept.
1942
4,497,433
8,800
$2,597,000
Week Ended Sept. 24
Stocks—NO.
Jan
5%
30
.'
Saturday
Monday
Tuesday
13,236,850
10,120,600
667,330
1943
Apr 30
15%
„v
Apr
100
Week Ended Sept. 24, 1943
$9,367,000
11,245,550
415,000
358,763,600
Mar
1%
Nov
of
Sales
10,812,300
4,497,433
Jun
3
Stocks
Bonds
743,366
Total
12
117
(Number
Bonds
8,665,800
Deo
Daily, Weekly and Yearly
Bonds
641,840
Feb
Jan
15 Va
No par
No par
Bond
1,098,320
Thursday
Friday
Jan
7
Sep 20
2
Total
685.517
Tuesday
Wednesday
93
108
12
Government
Foreign
Shares
Monday
Apr
Transactions at the New York Curb Exchange
Exchange
Railroad
and Miscel.
Oct
50
27%
24% May
13
12% Jan
United States
Stocks,
Number of
Saturday
21% Jan
118% Jan
Jan
Dec
149
9
1
Dec
No par
1
Daily, Weekly and Yearly
Week Ended Sept. 24,1943
25
Zenith Radio Corp
Zonite Products Ccrp
r Cash sale,
Jan
108%
134
87 % Sep 20
58% Jan
4
100
No
6,600
46
par
Young Spring & Wire
Youngstown S & T
t5%% preferred series A
Youngstown Steel Door
520
3%
No
(Del)
'
1
Sep 24
44% Jan
9
par
Jr
20
Sep 24
Jan
69%
17
2
16% Jan
Deo
32%
31%
Dec
24% July
42% July
xl03
No
Yale & Towne
900
34%
t In receivership,
AName changed to Sinclair Oil Corp.
30% Jan
xll2
100
Yellow Truck & Coach cl B
Preferred
;
16,300
*3%
this day.
10
par
.100
83
127
17%
21
9
Wrigley
700
:<
34%
4
17% Jan
10
;
Feb
Dec
8% Jan
58% Deo
12% July
85% Sep
8
Oct
19%
Jan
Jan
14
11% Apr
118% Sep
27
preferred A
preferred B__.
(Wm)
2
30
31'"
22
20
14% July 14
9% Sep 20
4
Jan
Wright Aeronautical
1,000
13%
4% Jan
Jan
6%
80
2
Feb
July
80
July 30
6% July 19
9 % Jun 28
6
Jan
57% Jan
Prior pfd 4%% series
..100
Prior pfd 4% % Conv series—100
350
*13%
2% Jan
8
9
670
36%
94 %
13%
34%
3%
4
37%
*
42%
18
26
115
800
144
*14%
86
2
100
Worthington P & M (Del)—No
93
36%
95
14%''
Woodward Iron Co
1,100
17%
15
19
18
20
100% Jun
6
Jan
104%
Mar
109
Jan
113%
Apr
Aug
Apr
22
6% July 30
Jan
—10
pfd
Woolworth (P W) Co
f
rj31%
173g
Co
I
*70%
*140
1
23
22% Aug 11
10% July 26
2% Jan
—No par
No par
Wisconsin El Pow 6%
7%
40
2
x20% Jan
10
f
91
*31%
-
17W®
94%
37 Va
♦95%
13%
31%
143
Wilson-Jones
800
52 %
*70
Motors,.
preferred
5,500
50%
*88
-
conv
$6 preferred
200
i
103
52%
52%
6 9e
9,300
112
::
50%
14%
14% -14%
37%
37%
13%
50%
70
*140
■
*
91
69%
%
142 v-.
141
14%
*88
v31%
•31
17%
50%
52'A
51%
*88
70
31 %
17%
144
51%
90
-
f
21%
X112
14%
3%
21
r
146%
131%
14%
34%
21
145%
131%
70
17%
38%
146 %
*88%
31
21
38%
131
88%
144
21
39%
146
69%
31%
17%
21
37%
131
87%
143
21
39%
'21
900
;
Willys-Overland
Wilson & Co Inc
10
22
3918
21%
200
3,300
*118'A
146%
50%
17%
*21
39%
11%,
-
132
69%
31%;
11%
*118%
131
50%
88%
142 »
11%
145%
69%
50%
*86
*68%
*11%
*118%
21%
39%
22%
147%
133
11
118% 118%
.
?
50
6
6%
'
12%
■;
-Apr
Aug
24% July
71% July
21% July
14
21%
63%
July 9
29 % May
5
112% Jun 23
24% Aug 19
106% Jan 15
5%
•
5
Jan
9%
U.
20
Jan
Jan
21%
'
22
81
No par
$5 conv prior pref
White Dental
Sep
30% Sep
6% Apr
31
preferred
conv
2
120
No par
Wheeling Steel Corp
220
19%
Instrument
Wheeling & L Erie Ry Co
5 % c!o
5
Jan
50
preferred
$4.50 preferred
10
Jan
19
12.50
Westvaco Cblor Prod
60
103
Mar 29
50
1st
Weston
>
10% Not
>91
102
No par
Union
150
i
3
2
200
59%
Jun
7% Aug
Apr
2
)
67%
*19%
41%
57
19
2% Jan
%
*56
95
34
Aug 18
5% Jan
110%
57
Jan
98
100
35%
.
20%
*71% Nov
84% Aug 19
100
26%
111
July
17% Jun
>
Maryland
35%
,
3
15
May
59% May
2d preferred
Elec
Oct
Not
100
Telegraph
Westinghouse Air Brake
.7,200
126
'/e
Feb
14
18
1% Jan
May
10% Sep
97
Sep
12% May
2
Apr
4% May
23% Feb
Western
6,300
96%
125
-
26%
*110
500
,
37'a
21%
^
36,v
110%
67
36%
126%
*35
27
22%
,
*
37
9
19
i
4
Western
*8%
Jan'
Jan
Dec
Jan
4
1,900
20
Jun
12
11%
8%
39 Va
Oct
4
1,300
5
29% Nov
••:
58 % Jan
30
,
Nov
67% Jan
100
'A 4
111
■;
8%
>
—1
preferred
preferred
tWest Penn Pr Co 4%% pfd
100
West Va Pulp & Pap Co
No par
t6% preferred
100
Western Auto Supply Co
10
29%
*3%
37%
110
*57
i
4
8%
6%
116%
*108
30
7%
140
<
■
*3%
70
170
14%
in
30
t
116%
14% Y
*108
30%
3%
11,400
85
84%
117%
14%
110
30%
4
*93%
67
85
116%
14%
*57
93%
*19%
*83%
117
14%
25
110
59%
15%
81%
96
85
,22%
t„?.22.
26
*110
59%
*57
22 .%,
126
26
111
37%
97%
*34%
36%
*25 '/a
111
-
125
"34%
*8%
38%
96%
*125
*3%
9
8%
8%
30%
4
15%;
81%
96%
*116
110
*108
30%
3%
117
14%
110
30%
4
117
14%
*108
30%
4
117
.85%
15%
85
96
85
15%
*81%
82%
96>
86
14%
-
110
30
82%
96%
16%
82%
96%
83
96
*116%
14%
*108
15%
82
.
86%
*116
16%
85 %
96%
*98
16
Oct
Nov
1
■;v;:
Feb
24%
Nov
6
4% Apr :
32% Apr 21
23% Sep
1
17% Jun
2
July 23
8% July 8
26% July 2
77
July 15
16%
Jun
16
.
'
16%
5% Nov
41%
.
% May
July 6
15% July 15
4
12% Jan
May 29
56
Aug 31
Apr
Apr
13% Mar
2% Mar 29
7
par
5
par
3%
31%
20
7% Jan
23
No
5
4
No
Co
9%Jun.
50% Apr 30
18% May 25
5
No par
Wayne Pump Co
23%
4% Jan
% Jan
1
300
.(:■
6%
"75%
4
5
Pipe
200
24%
6%
*74%
77
2
12
15% Jan
Pictures
Warren Fdy &
1,000
15%
24%
Warner Bros
200
-
22%
*14%
v
24%
4% Jan
38% Jan
No par
(H) Good & W Ltd
Ward Baking Co cl A—..—No
par
Class B
i
No par
$7 preferred
50
900
14
'23%
22%
x24%
48
23%
23%
*74%
.
'
23%
No par
No par
Div redeem preferred
13%
.
Walk
18%
48
14
23%
22%
47%
*18
49%
13%
24%
15%
23
Walworth Co
400
2
25%
74%
500
18%
*10%"
6 Vb
74%
4-7%
*18
10%
15%
15%
4.700
18%
14%
.
7%
48%
49
23
7%
*10%
*25%
*23
47%
'
*18%
49
23
7%
*48
24%
*22%
7%
18%
1%
50
8
11
*18
*10
48%
*48
*18 Va
7%
8
.
Par
'
7%
Range for Previous
Range Since January 1
Tear 1942
Lowest
Highest ■?:■■■ A" Lowest
Highest,
t per share
t per share
$ per share
t per share
STOCK
EXCHANGE
^fa.-m, WO#
>.s^su:atow<«AMti?,5W:.
•yeaH.'Aapi'n
'M♦jjLayj^.^arfVKVu tffttf'fteffiAM'rfh
Monday, September 27, 1943
CHRONICLE
COMMERCIAL & FINANCIAL
THE
J-J,
Soxid Record
NOTICE—Prices are "and
<
■
and when outside of
'
Last
Period
gale Price
U. S. Government
;—1947—1944- -1954
•1956
1946-1945
1943•1946
1944•1949
19461952
19491948
_19461955
—19511960
1955■1947
——19451951
.__19481954
1951-
4-%s
Treasury
Treasury
4s
Treasury
3%s
3'As
3'As
3'As
3'As
3s
Trei \ <ry
Tree liry
Treasury
Treasury
Treasury
3s
27As
Treasury
Treasury
23As
2%s
Treasury 23As
Treasury 23As
Treasury 2%s
Treasury 23As
Treasury 2'As
Treasury 2'As.
Treasury 2'As
Treasury 2'As___.
Treasury
Treasury
Treasury"'
Treasury
Treasury
Treasury
Treasury
Treasury
100.8
101.18
103.3
105.29
105.29 105.29
4110.23 110.25
105.29
110.13
*105.19 105.21
105.28
:
Treasury 2s
Treasury 2s
Treasury 2s
Treafeury 2s
103.23
__
J-D
J-D
109.11
108.15
111.26
112.4
108.21
111.24
108.26
106;
2s
2s
Treasury 2s_„
Treasury
Treasury l3As
Federal Farm Mortgage
'
m-s
1961
a-0
AGuaranteed sink fund 6s
__1962
107.2
>-
106.20
104
J-D
*100.13 100.15
100.10
101
J-D
*100.3
'
100.3
100.21
100
100.5
100.1 ; 100.1
eioo.22
100.22
101.4
*100.23 100.25
100.15
*106.21 106.23
m-s
104.30
105.7
101.25
J-D
J-J
*101.30 102
__
4
-
Chinese
*107.6
104.9
*102
J-D
102.2
104.20
J-J
100.26
100.28
101.2
*101.6
100.14
101.4
100.15
101.1
100.23
100.23
100.9
100.30
100.12
100.29
*100.25 100.27
m-s
100.16 100.16
•
__
J-D
J-D
101.8
*101.2
m-s
*100.9;- 100.11
*105.6* 105.8
__
<: w
J-D
.
__
*101.4
.
103.16
3s
*101.6
ib-S
1952
___19441945- 1947
series A
series M
Rica
1961
m-n
elOI.lOelOl.lO
102.2
102.27
100.10
101.7
100.10
103 .'A
32
109'.A 109%
Members New
120
Jh
A
4s
;_1952
s
AExternal
s
f 7s series C
s
f 7s series D
AExternal
s
f 7s
1st
series
f 7s
f 5s
M-S
__
,
—1940
§Alst series 5'As of 1926
§A2d
sink
series
19
19%
8
15'A
24
19%
17
15'A
24
J-J
J-J
'.
16
24
12
15%
24
1
15%
23%
16
23%
16
23%
42'A
59%
*19
•'v;
——
19
19'%
19
——
A-0
19
*18%
—
—
*18'%
A-0
59%
19%
59%
59%
r
5
96%
99'A 100
101%
91%
91%
83%
83%
92'A
85%
84'A
78%
93%
85%
83%
83%
84'A
79
85%
92'A
82
94'A
92'A
93'A
92%
93'A
83'A
94'A
88
88
79
91
96'A
100
99
99%
96'A
99'A
97
99'A 100
49'A
53'A
36%
100
99'A
100
53%
series
1st
5'As 2d series
v
AEstonia
Finland
(Republic of)
7s
extl 6s
French Republic 7s stamped
7s unstamped—
(Republ)c»
A7s
part
Dart
-
paid
paid
(Republic)
s
(City)
f 6s series A
extl 6'As
(Colombia)
(Prov)
series
South Wales
s
;
135
38
47%
74
45
71
42%
66%
69%
71
87'%
71
64
64%
10
*87%
*87%
a-o
88'/a
'"i
88% ' '
(
15
88%
I'
i
■
■
':****-
:
89%
89%
99
89%
*100%
y;
.'■
M>
..
97
MM
—
31
18%
40
*27
V
88'/a
72
■
•
J-D
86%
72
'
88%
M-S
58
.72
«*«•»
A-0
J.J
56%
30%
3
a-0
*87%
~
MM.
100'
■
95
90'A
87
95%
92'A
90'A
83
94
87
95
97
92'A
99
95
70
79%
71%
80%
f $ bonds
57
58'A
12
48'A
60%
30-yr 4s
1980
109% 109%
16
107%
lll'A
105% 105%
11
101%
107%
102% 103'A
36
97%
104%
2 Vis
1961
1967
1968
Jan 15 1948
3s
Jan
3s
Jan
1953
1958
77%
28
68%
69%
78%
78
External
s
J-D
M-N
1945
1945
1954
1945
1933
Q-J
*15
Q-J
b
' '
\
fund 6s
10
77%
14
60%
93
1963
93
1970
—1955
J-D
71 vi
87%
1960
fund
Sul (State of)—
A 8s extl loan of 1921—
A 6s external sink fund gold
A7s external loan of 1926
A 7s
municipal loan
Santa Fe external sink fund 4s
ASao Paulo (Cityjof Brazil) 8s
A6%s extl secured s f
lASan Paulo (State) 8s
page
1967
1964
1952
1957
1936
105%
21%
26
18%
25%
1955
20%
26 V*
3%8-4-4%s
8s
AExternal sink fund 6s
18%
25%
External
26
External
20
20'A
18%
25%
($ bonds of 1937)—
readjustment
conversion
1981
21'A
22
20
26%
extl conv
4-4%-4%s extl readjustment
1961
20%
20%
18'A
25%
3%s extl readjustment
*20%
1264.
1946
1968
1966
100%
20%
1961
A-0
18
17%
20
—
20%
20%
25%
18%
25%
3%-4%-4A
AWarsaw
(City)
A4%8 assented
external 7s
*16
A-0
*21%
1946
1960
1964
1979
1979
1978
1978
1984
1958
1958
-
•
12%
13
V
.
15%
MM
23%
23%
'7
■VU-.
16
14%
23
2-
^.
..
7*'
23
*14
A-0
-
24%
13%
105
18%
„<
28
15
18%
A-0
104
20%
Sep
J-D
14%
198
18%
17%
90
104
25
26%
18%
J-J
1958
1958
extl 7s
25%
88
73
104
*.*•
18%
J- J
external
Sep 1961
assented
M-S
73
70
36
89
88%
26%
83
72%
*104%
w—.
1950
1953
6'As
Jan
Extl sinking fund 6s
1958
1947
72
*83
.
M-S
A-0
A Silesia
20'A
'
M-N
J-D
1960
1961
1966
Jan
f 6s
assented
L—
M-S
1961
AExternal loan 7'As
23%
1961
*83
1959
APrague (City of Greater) 7'As—1952
Queensland (State) extl 6s
—1947
a Rio de Janeiro (City of)
8s_
1948
19%
Feb
94
M-N
— "7; ":::v
97
*83
1963
!::.;>n; A4'As assented
APorto Alegre (City of) 8s
Feb 1961
6s
assented
*87
A-0
1968
sink fund gold 8s
*20%
■
'
1940
A4%s assentpd-
20%
96%
95%
92%
105%
20'A
98'/«
95%
101'A
19%
•85%
100
95%
(Rep of) gold 6s
AUruguay (Republic) extl
AExternal sink fund 6s
94
100%. 101%
MrM*
93
A4'As assented
18%
" '
,
F-A
♦104% 105
*21
*98
'*
mt
93%
82%
5
'
—
85
82%
1
92%
93
84
93%
32%
89%
*
'
19
32%
18 '/a
6
28%
—
*100%
;
18%
14
18%
'
—w'
12%
17%
"
:-:V 34
29%
93
—
18%
9
'11%
1
A-0
i»oj
t'/AS
AStabilization loan s f 7s
.i960
assented
,
12%
13%
--
92%
F-A
A-0
M-S
104%
25
9 *
12%
101
14%
27%
;
—.
F-A
(Prov of)
A4 'As assented
''7 82%
91%
12%
11
27%
28%
M-S
20'/a
23%
•*fw
*16'%
J.J
■/
■
15%
16%
*84
103%
104
-
«*.*>
97
1
;
10%
M'-
J-J
>
1
.T*T
11
;
70
W 11?:.
3
•
'
--
14%
J-D
M-N
97'A
3
■
*90
ANat Loan extl s f 6s 2d ser
AExternal
22
.
11
J-D
101'A
102% 103
♦10
1942
22
M-S
(Rep of) external 7s
ANat loan extl s f 6s 1st ser
lAPoland
•4'
'
*15
1957
lnrn
fund
i
■
20
19%
1943
*103% 103%
1942
f 7s
*92
1954
Sydney (City) s f 5'As
Ms assented
—
62%
DM Ml
'V
24
83
85
14
'
*94%
A-O
.1950
A7s extl water loan
-1956
A 6s extl dollar loan
1968
5 A Secured s f 7s
1940
Serbs Croats & Slovenes (Kingdom)—
A8s secured external
1962
A7s series B sec extl
1962
1954
8s
—-»*•
23 y«
12
68%
6
f
*65%
A-0
M-N
J-D
APeru
A8s
78%
1957
' V ••
,
1
v;
APanama (Rep) extl s f 5s ser A.1963
a Stamped assented 5s
1963
Stamp mod 3 'As ext to
1994
Ext sec ref 3'As series B
1967
APernambuco (State of) 7s
,.1947
'
\
22%
78
(State)—
(City) sink fund 4'As
*
AExtl sec
2
15
15
Oslo
23
22%
——
15%
22
22%
23
A-0
14
17%
~MI
'77
15%
15
20%
28
28
11
12%
17%
30
26%
28
28
17%
30
*45
54
M.—
100
*17
J-D
J-J
M.M*' '
;'
M-N
20
*14
——"
15%
——
30
•
17
45
100
12
90%
100
A-0
30
28%
30
20
18%
31
F-A
27
25%
27%
155
16%
30
A-0
31
30%
32%
5
20
33%
MT
26%
28
17
31%
M-N
W—
27%
29%
31
18
31%
J-D
M-M-
28%
28%
5
17%
80%
81%
27
73%
82
18%
34
17%
33
F-A
M.W
Rio Grande do
18
3s
3s
1964
1968
1952
1960
extl loan—
sink fund
51%
26
see
106%
'38%
1
f-a
1969
1967
1945
,.1949
1949
,:
98
107
Mi.*.
■
*87%
sink
51 %
80'A
footnotes
103
72%
104%
71%
M-S
external
50%
78%
.For
102 %
102'/a
58
a-0
101'%
102%
71
m-s
29
100
— —
121
98
58
a-0
58
19 ;;
fW
a-0
1952
5s
34'A
77%
3'As
f
34
79%
A 6s
'
J-J
1958
1959
7s
f 5s
s
34
77'A
A
39
,
,
60
40.
•
5/
10
.
1959
48'A
77'A
f 4'A-43As
s
'1
'
•'
:
1954
6'As
A
47'A
1975
1984
A6s
23%
1961
1960
4s readjusted
(City)
,47%
1970
1976
Refunding s f 4'A-4'As
External readj 4%-4%s
ARy external
51
23
(State)—
Geraes
46
45'A
76
f 4'A-43/eS
sinking
55%
51
Irrigation—
45
1977
Ads
55%
1940
5'As
Municipal Bank extl s f 5s
*95
A6s
*36%
j-d
M-N
_1969
fund
*62
1961
A Extl
f-a
*57%
External sink
19
1958
1950
(Province of)—
stamped
AExternal sinking
38
*137%
1952
1942
External gold 5'As
1955
External gold 4'As
1962
jADominican Rep Cust Ad 5%S—„1942
A 6s
Buenos Aires
(Rep)
38
30%
a-0
ASinking fund 8s series B
1-1693
NY
19
1952
1957
Ry)
Sinking fund gold 5s
Sinking fund gold 6s
AChile
37
30%
j-d
5 A Denmark 20-year extl 6s
48%
38%
1945
;
64
,
38 %
40
1953
5'As
ASec external s f 6'As
19'%
1957
1957
f 6'As of 1927
(City)
52
.
37
8s ser A-1951
wks
AMontevideo
j.j
1941
SABrazil (U S of) external 8s
AExternal s f 6'As of 1926
A Carlsbad
6
47
'
1944
1949
64
52
20
,
•V
*106% 107%
4s
1955
1955
f 6s
30-year
25'%
46%
j-j
*54
1949
Belgium external 6'As
30-year
23
18
'
*54
A-0
J-D
25-year
16
1
63
46
96%
External
(City) external 5s
—1958
Argentine (National Government)—
i
s f external 4'As
1948
8 f conv loan 4'As
1971
8 f extl eonv loan 4s Feb
1972
S f extl conv loan 4s Apr
1972
Australia (Commonw'lth) 5s of '25-1555
External 5s of 1927
1957
External g 4'As of 1928
1956
s
17
63
62%
.
*100
ASec external s f 6'As
Teletype
J.J
AAntwerp
(Dom of)
62%
j-j
M-S
"
AExternal sec s f 7s 2d series
1957
AExternal sec s f 7s 3rd series__1957
external
25%.
*102%
Public
Mlnas
New York
F-A
A-0
3#
17%
25%
M-N
AAssenting 4s of 1904
1945
f 7s series B
AExternal
Canada
22%
17
25'%
1951
AAssentlng 5s of 1899—
1945
1945
1945
1957
(Dept) coll 7s A
s
J-D
*102%
Norway
1947
1948
1968
6s
(King of Norway)
External
17%
—1953
A4 %s stamped assented
A Mexico (US) extl 5s of 1899 £
York Stock Exchange
Broadway,
(Colombia) —
AGtd sink fund 6s
s
2
*36%
,!,.
Municipal
Agricultural Mtge Bank
External
18
f-a
External
A 6s
18
'
f-a
External
s
.24'%
*38%
Sinking fund 5'As
New
(City)
23%
17%
j-d
A 6s
REctor 2-2300
Brisbane
18%
9
M-N
5s of 1904
ACzechoslovakia (Rep of)
109%
Wertheim & Co.
s
24%
1
18%
Greek Government—
109'A
1980
Telephone
(Central
17%
•
19
a-0
SATreasury 6s of 1913 assent
A 7s
24'%
19
'
-
;1946
—1947
7s
AAssentlng 4s of 1910
AExternal
8
18%
24%
18%
*
.
_1947
.
Foreign Securities
s
18
:
18%
.
1977
Mexican
s
24%
23
1949
Mendoza
External
19%
18%
18%
.*>
W-*''
—1970
AJugoslavla (State Mtge Bk) 7s
External
24%
debt
AMedellln
AExternal
17
a-0
Irish Free State extl s I 5s
AAntioquia
3
4'As
Helsingfors
Akershus
19%
external
Haiti
AGtd sink fund
1
•
City
York
Corporate Stock
Govt.
19%
loan
5'As
102.28
Transit Unification Issue—
Foreign
,.:i7%
A-0
1961
6%s
(Rep of)
(Republic of)
External
101.8
102;7
*101.5
;
Customs Admin 5%s 2d series
*101.15 101.17
J-D
12
M-S
External 5s of 1914 series A—
101.12
m-n
Loan Corp—
-I960
1931
5s
1927
Cuba
103.16
100.9
101.6
-
1928—
of
Corp—
1944- 1964
1944- 1949
19
m-n
__Jan
of
6s
A Costa
104.20
*101.12 101.14
.
25
17%
19'%
a-o
M-S
ASinking fund 7s of 1926—
ASinking fund 7s of 1927
Copenhagen (City) 5s„
25-year gold 4%s
10t5" 102T
*104.24 104.26
__
25%
19%
18%
(Republic of)—
6s
4'As
J-D
m-s
18%
*
.—Oct
(Hukuang Ry)
A
106.23 -107.8
107.8
*104.7
J-D
31
m-n
; A 7s assented
A
102.13
__
21
J-D
1962
25%
26
19%
J-D
1960
;
Cons Munic 7s
AColornbia Mtge Bank
104.20
104
J-D
A Chilean
>3s external s f $ bonds
103.24
j-D
!
assented
26
18%
4
II
'
a 6s
High
20%
20%
J-D
1961
107.23
*103.29 103.31
•
__
;
assented
A
:
*103.31 104.1
m-s
A6%s assented
Colombia
107.19 107.19
%&■■;
1* m-s
3'As
6%s
Sinking fund
a 6s
107.6
.'fv 107.2
m-s
A
6s
Mortgage Bank 6'As
AGuaranteed sink fund
*196.31 107.1
—
20%
Low
1
J-D
assented
,
112.20
*112.13 112.15
J-D
1951
1957
1957
1961
1961
A
*103.23 103.25
__
20
m-n
107.10
*112.2
__
m-s
?::■
1963
sinking fund 6s
A6'As assented
104.26
112.8
*112.6
'
;
J-D
A
1963
112.23
108.10
*109.21 109.23
__
'
M-s
!
•
1
Friday's
m-n
.
107.6
107.7
107.7
m-s
19491950- 1952
1950- 1952
1951- 1955
1955
—1953June 15 1948
Treasury
New
109.9
:
m-s
1948- 1950
1950
19481951
19491951
1949-
Mar 15
Dec 15
Jun 15
Sept 15
Dec. 15,
March
—Sept
2s
2s
Home Owners'
110.6
*112.14 112.16
*103.24 103.26
m-s
21%
A-0
A Chile
111.28
:* 111.21 111.23
m-s
"•
1962
106
__
21%
—
__
J-D
January ]
No.
or
Low
A-0
Abs
110.27
Range Since
Sold
High
Last
Period
1962
106.30
J-D
Bonds
Sale Price Bid & Asked
Interest
-
24
AExternal sinking fund 6s
a 6s assented
101.31
*101.15 101.17
J-D
Treasury 2s
3%
100,8
100.8
100.8
30
(Continued)
(Rep)
AExternal
106.3
J-D
1947
Treasury
103.29
8
Chile
114.1
4-0
.--1949' 1953
■1952
--19501952- -1954
1956' •1958
1962- 1967
—.—1963 •1968
1964' ■1969
__1967- •1972
1951- 1953
1955
19521954- 1956
2'As
2'As
2'As
2'As
2'As
2'As
2'As
Treasury
112.25
'
2'As
Treasury 2'As—.
lAs
A-0
;
High
Low
:>
Week's Range
Friday
Exchange!
Stock
Ended Sept.
Week
*106.31 107.1
.1948
Treasury
3s
M-S
'
.1945
-.
Treasury
"l; HO.
103.29 103.30
J-D
_1956- 1959
1963
1958I960- •1965
:
High
*112.21 112.24
4-0
. ■
BONDS
Sold
Low
1
New York
Range Since
January 1
Bonds
Friday's
or
Bid & Asked
•;
-1953
Cash and deferred delivery sales are disregarded In the week's range, unless they are the only transactions of
In the week in which they occur. No account is taken of such sales in computing the range for the year.
.c ■
Week's Range
Friday
Interest
yearly
-
each case the month when the bonds mature.
"Interest Period" Indicate in
BONDS
New York Stock Exchange
Week Ended Sept. 24
weekly
-
Interest"—except for Income and defaulted bonds.
the regular weekly range are shown In a footnote
in the column headed
The italic letters
v
Mew York Stdclol^chasige
«»
friday
the week,
rf.l VrtVVf
J-D
80%
M-S
M-N
'
•'
'
M.M.
•
33%
WM.
29%
*36%
J-J
J-J
*26
27%
M-N
37
-':"y
M.M
7:7,
45%
*35%
"■
21
.'!-•■
7
34
34
33%
35
;31
69%
68
69%
18
18
M-N
10
48%
29%
■
52%
32
•
5
34
A-0
•MM'
31
36%
'
•
J-J
M-S
:■
48%
29%
46%
62
72
10
20
*17%
18%
11
19%
J-D
*10%
14%
11%
12%
J-D
*10%
F-A
94%
M-N
F-A
*86
M-N
*87
M-N
M-N
68%
94%
87
78
88
85%
88
70
64
72%
61%
69
60
68
*67
J-D
*65%
66%
F-A
69%
72'A
72%
66
52%
J-J
F-A
*10%
F-A
-*10%
13%
85
84
94%
*88
M-N
11%
14
12'%
12
•
10%
60
13
13%
Volume
Number 4215
158
•;
BONDS
New York Stock
Week
.
Ended
THE COMMERCIAL & FINANCIAL
Friday
V:rVVV::"'
Eiohange
Interest
<
Sept. 24
Week's Range
V Last
;
or
Low
Bonds
Range Since
Sold
January 1
High
vo.
Low
Carolina
Southern
4s
1st
A
cons
5s_„1943
'
V
——1943
assented
warrants
102
103 'A 103
J-D
J-J
•'
•
'T ; '.
—1949
J-D
99%
98%
5s
modified—..,
—1950
4-0
93%
91%
93%
1950
A-O
93
901/2
93
66%
66 %
1952
M-S
Foreign Pow deb 5s
.—2030
Amer I G Chem conv 5Vas—
1949
M-3
:
105%
110
bonds
___.
99%
".
186
29
69%
100%
U
"53%
,
62
3
;
IO41/2 104 >/2
881/4
M-N
99%
Illinois
tACent
New
1053A
891/2
AGeneral
69'A
1949
102
106
110
4s
91%
78'A
104% 1051/4
18
103'A
100
2
105 % 105%
13
Y
1st
3%s__
ref
Guaranteed
.
Central
RR
gold
debentures
3'As
3s
debentures
Tobacco
Co
A-0
1966
—
debentures
conv
Amer
—1961
109
J-D
108% 109
108%
—.—1956
M-S
A-O
108% 103
116
3s_——1962
deb
103%
Am Wat
A
bonds
series
M-.V
1967
Arbor
1st
gold 4s
7s
---1995
income debenture?
Atchison
9
61
102%
103%
106%
105Vi
10
.103%
107%
Knox & Nor
&
Charl
A
Coast
General
99
Gulf
M-N
108%
111%
1st
*111
111
1958
J-J
J-D
J-J
1944
J-J
July 1952
4'/2s A_.
Oct
1
105
111%
104
112% 112%
4*107
88
1948
65'A
M-N
80% 'A
J-J
102 3*2
103%
102'A
104 »/a
72
'
67%
65%
:
39% 4 >4 38'A
114'A
HO
2
88% '
60'A
80 /
,
111%
4
•
180
63
80'A
106
93%
74%
39'A
5
.V '473'A
88
32%
45%
'
mortgage
1948
tr 5s
Atlantic Refining deb 3s
J-J
1959
4s
& W I SS coll
J-J
;
M-S
S
1953
36
36%
12
,*103% 104'A
105
—
—
105'A
29 Va
105
104
4
40
100'A
'
Ohio
107
1
1946)
1
Oct
;
Dec
Ref
&
1946)
gen
Dec
to
due
C
Ref & gen ser D
Sep 1 1946)
Ref & gen
due
71%
')
39%
•41
44
75%
60%
77%
32%
342
43%
V
45%
40
4s
39'A
32%
57
&
ref
52%
J-J
A-0
1949
100%
inc
M-S
..1977
F-A
1971
97
F-A
A
1997
80
Chicago & Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A___1988
81
81
67
65
84%
91
45
73%
92%
V 42%
44
102
Af-N
2038
ref
*124
76'A
J-J
A..1947
6s
j-j
ARefunding gold 5s series $
ARefunding 4s series C
1947
,
Af-N
5s series A
1st & gen 6s series
B-___.May 1966
Chicago Ind & Sou 50-year 4?
1956
A
-.
76%
44
44
71
44% 0/
*45
■
J-J
1966
44
■
45'A
46
42
43%; V
43
11
.48%
51%
20
J-J
V 10%
J-J
*85
11
•
<
31%
>•; •{•■';
v
50
29%
47%
6%
;15%
28
91%
76'A
38%
31%
•
44
47%
124%
66
9
46
..<10'A
„
32
118 /
"
•
75%
'
J-J
1947
A 1st
99%
80%
*90'A
42%
J-J
AGen inc
101%
90%
J-J
&" gen
97%
100%
103%
97%
>
(conv)
mtge 4%s
JAChic Ind & Louisville
96%
81
1
93%
96%
12
■
6%
•
15%
66%
93
•
43%
•'70
'•
•.;
4s series A
May 1 1989
gold 3'As series B__May 1 1989
4%s series C
May 1 1989
4%s
series
series
69%
64%
70
613"
F
J-J
65
60'A
65
J-J
70%
66%
71
J-J
70%
,66%
71
J-J
70
66%
70
1975
F-A
42%
40%
42%
Jan 1 2000
E..
4%s
J-J
A-O
15%
14%
15%
55%
56
57%
56%
58
.May 1 1989
May 1 1989
JChic Milw St Paul & Pac RR—
A Mtge gold 5s series A
286-
71
45
71
129
<
65
44'A
387
*
40%
429;'
'v
■
45%
70
4,606
'
18'A
44'/a
4%
;
16%
4,226
^Chicago & North Western Ry—
3%s
gold
4s
3%s
1987
registered
M-N
1987
...1987
registered..
M-N
p Fed Inc tax
n
1987
1987
M-N
stpd Fed inc tax..
5s
stpd
Fed
60
60
78
•'
•
M-N
inc tax
AGen 4%s
32%
30%
M-N
107
33%
61
M-N
...1987
4s
57%
Vv
57
59%
!
57%
59
V
18
32
59
33%
59%
34
211
v
•
63
60'/a
188
33%
64%
43
35%
39%
59%
28
23'/a
48%
22%
49%
23
49'A
Alst
M-N
62%
62'A
63%
132
51%
70
211
40%
62
46
44
J-J
74
J-D
—.
73
73
21
59%
74
81
60
75
V1
45%
—'
100% 101%
31
100%
104'A
130
129'A 130
25
128%
132'A
1956
A-0
—1952
A-0
debs
.1959
1960
1965
1944
F-A
M-S
M-N
1961
1960
A-O
Buffalo Gen Elec 4'/2S
Niag Elec 3'/2S
90 'A
84%
84%
47%;
47%
F-A
:
--
.L
4;V
39 '/2
/'
;
F-A
103%
105%
100%
103
4
102%
103
109
78
80
109
95%
91
73%
43%
200
39%
58
40%
/•/ 20
23%
46
109
~
1
i
108%
111
'
103%
105%
6
104'A
109%
83%
96%
Af-N
105'/a
104'A 105'A
35
99
1981
105%
F-A
110%
110
43
110
115%
series C—1967
J-D
109
110 '/a
(interest
Income
110%
1st
Union
M-N
43%
43
44%
83
35%
50%
18%
20'A
117
11%
23%
11
fBurlington Cedar Rap & Nor—
.1934
A-O
•
_
.1952
-
,;•
17%
A-O'V-.:
.1955
19'A
*86%
J-J
.1960
deb
Co
ADebenture
Cincinnati
Cin
Gas
1st
A-0
73
72%
o
'"Y
44
A-O
.1962
81%
J-J
1969
J-J
109
'
A-0
.1957
1969
95
116%
C»\V
4'A
92%
44
92
*72
J-D
19
J-D
.1955
67
53% ill
73
73%
58
59
5s
10
62 %
;74
36
49
s62
'
110%
110% 110%
16
107% 110%
104'A 104%
14
100
J-J
103
103
34
94%
M-S
105%
105
104% 105
53
97
105%
5
.
103%
A-0
53%
52%
55
20
51
51
52%
28
38
52%
50%
52%
100
110% 110'%
12
1966
F-A
J-D
*111%
1993
J-D
85%
—1993
J-D
General 5s series B
110%
110% 110%
*92'A
—
85%
.1956
F-A
58
57
1991
J-J
55
53%
55
85
1990
M-N
81%
82
11
65
1970
J-J
1st 4s
1st coll tr
gold 4s
Cleveland Elec Ilium 3s
Cleveland
&
Series
C
88%
Series
88
^
Pittsburgh RR—
gtd
3%s
1948
1950
.1944
Gen
1981
&
ref
Short
1977
4'As series B
Line
1st
J-J
.
M-S
s
f
s
series B
Colo Fuel &
111%
118%
11
107%
109
34
of
113%
119%
Columbus & H V
8
111%
118
Columbus
113'A
& Sou
113
Ohio El
21
110 '/a
114
Columbus
&
1st
115% 115%
y
113'A
112% 113
—
—
85
102% 102%
104%
99%-
104% 104%
99'A
13
85%
99%
16
■>
1
56
75
112
71%
102%
113%
88%
105
G
&
E
deb
ACommercial
Income
deb
92
A-O
83
A-0
73%
1945
extl
extl
II
105
105'A
95%
42
71
'
99
92
92%
52
75%
i
93%
81%
83%
105
64'A
-86%
74
106
72'%
J-D
*103%
91
49%
56%
50
51
1980
Af-N
Af-N
56%
—
J-J
gold 4s__1948
A-0
3%s
1970
M-S
1955
—
250
5
f 109%
25%
101
76
56'A
51
92 %
1104'A
88
1103%
109% 110'A
—
109% 110%
*112%
9
108%
111
112%
—
112%
i
Apr 1 1969
,
104%
May
97
104'A
93%
;
24%
102% 103%
♦109%
F-A
78
•
80
102% 103%
/ 102%
59%
'LO*>% .104
91
4s
w
-
108
108
Mackay Corp—
w
83% '
109'A
95
A-0
.
1961
1st
106%
-
May 1952
5s
Debenture 5s_:
Tol
A-0
1977
deposit
113 %r 118'A
113% 118%
Columbia
6
*106
95'%
inc mtge——1970
39
61
.
105
—
*107
A-0
1973
gtd
tAColo & South 4'As series A
ACertificates
F-A
'•*.
90%
" 58%
108
1972
-
1st gtd 4s
Iron 5s
*107%
J-J
1961
f 4'As series C
5s
117% 117%
J-J
.1954
.1960
18
1
F-A
96
107% 108
108% 108%
M-N
3'As gtd
General 4%s series A
Coal River Ry
116% 117
108%
289
(
D
79
•
46
L Div
116% 117%
■
J-D
F-A
14
:-89%
85%
46%
J-J
i
—
X:
A-0
.1951
95%
68
71
__
1977
"58%
97
28%
55%
108% |111%
110% 112
108% 110%
109"% 112%
Ref & impt 4%s series E
74
109%
104%
41
A-O
Af-N
1952
gold 4s
22'A
108%
% »75
J-J
*113%
St
13 %
92'A
J-J
1962
3%s
117'A
J-J
.1946
95
1
40
70
1963
■
109
34%
:
68
55%
56
1,685
79%
67%
AT-N
58
116'A 117
——
J-J
.1970
20%
F-A
1st
.1960
1264.
545
378
1971
77
21
58%
"57%
10%
1969
8i
"
74
60%
33%
33%
gtd 3%s D
1st
page
46%
35
37%
9%
1st mtge gtd 3%s series E
Cleve Cin Chic & St Louis Ry—
General
2
36
92
M-S
1967
Term
15
1952
mtge 3'As
Union
480
31%
J-D
.1943
cons
Elec
38
56%
55
37%
.9%
J-D
:—________1957
&
V
1963
5s
5s
78
-
mtge 3%s series E__
tAChilds
60%
*_.
Station—
4
33%
J-D
Dec 1 1960
gtd 4%s
Cleve Union Term gtd 5'As
4'As
Af-N
1st 5s_._1960
1st mtge 3%s series F
Chic & West Indiana com 4s
1st & ref 4%s series D
Cleve
5s
M-S
1951.;
5s
JAChoctaw Ok & Gulf
47
1,413 'V:
54
55%
A-O
1951
guaranteed
1/;V
1
Cin Wab & M Div
at
.1957
4'As.
59%
F-A
J-J
ACertificates of deposit
1st
2
77
•
96%
1957
B
13%
86%
108'A 109'A
96
101%
'
36
Buffalo Rochester & Pgh Ry—
modified
92%
92'%
I
104% 104%
Af-N
J-D
' ;
3'As
Chic T H & Southeastern
105%
4.
45%
12%
1952
Memphis Div 1st gold 4s
*100%
Af-N
1947
Gold
l
'
85
M-N
—.1950
100%
93'A
90'A
M-N
1966
1950
gold 5S.1945
1st lien & ref 5s series B
*92
••
44
13
55
105%
Chicago
101'A 101 Vi
-
—1*
44
M-N
1988
Chicago St L & New Orleans 5s____1951
101
102%
•n
J-D
-
1960
99%
31
•V.
;
79
1927
A
98%
'
—
4%s series
103%
103%
J-J
4'/2S ser A
—,—
*
J-D
1967
1st cons
6s series A
101% 102%
44
45
stpd
gold 4%s_____
10
;
104% 104%
~
AConv
6
105% 105%
44%
44
1934
41
104'A 105'A
;;
•
102%
J"\A
1955
Debenture gold 6s
'5'
•
82%
5-
100% 101
104'A
J-J
;
100%
44 %
44
deposit
§ ASecured
100%
A-0
100
of
96%
J-J
'
wW
5s
5ARefunding gold 4s
A-0
99
1st
45%
1948
*96%
Railways
ACertificates
1951
»
44%
J-D
1949
25% part paid
JAChic R I & Pac Ry gen 4s
75
71'A
*45%
J-D
Bklyn Union Gas
&
AConv 4%s series A
59
J-D
ref
&
59
61%
72
".j
6 %s_..
ref gold 5s_._.._.May 12037
4%s stpd_____May 1 2037
ref 4'As C
May 1 2037
At
A 1st
J-J
2 Vis—.—1950
Bklyn Edison cons M 3'/4S
Bklyn Union El 1st gold 5s
.
A 1st
1960
—
1st 5s A C
see
92%
__
103%
*100>A 101%
...
l',V
'
■
103
58%
series II
footnotes
•...
....1949
....
series
100
J-J
71%
July 1970
^ABoston & N Y Air L 1st 4s_
1955
For
J-J
1949
1949
70
gold 4"Vis series JJ
1st mtge 4s series RR
trust
80
31%
58%
1st
gold
99% 100'A
15%
M-N
Big Sandy 1st mtge 4s
Collateral
708
Af-N
debentures.
trust
-.V
23%
M-N
3Vis series F
Consol mtge 3s series G
Consol mtge 3 Vis series H
Coll
22
118% 121
115% 119%
1936
gold 3'/aS
Loan
gold
*117% 119%
22%
108%
'
1987
Consol mtge
Guaranteed
*■"**
,
•
1987
'
1st
Stamped
1989
"I.
*118%
130% 137%
102% 108%
'102
A4%s stamped
5s series B
Buffalo
I'
14
§ ASecured
1951
ref
75
136% 136%
52%
1951
1st & ref 5s series C
&
16
106% 107%
37%
1st gtd 3s„1989
Beech Creek extl
lien
5s
tSAChicago
Bell
1st
106 Va 106%
107
32%
stamped
AInc mtge
72%
92% 102
24%
ref 4s
Battle Creek & Sturgis
Maine
66%
27
78
Bangor & Aroostook RR—
5s
133
370
57
M
66%
31
55'A
1st
101%
41
54%
Boston &
71%
30
53%
conv
95
55%
39
55%
2%s
71%
133
*66
•
30%
55
Beth Steel 3'/as
9
66%
65%
39
J-J
Indus
98%
101% 101%
66
•
94
83.
M-3
J-J
Beneficial
'94
r'
111
F-A
1959
1947)
Telep of Pa
54
34
106%
Feb 1 1960
1950
4s
96%
95%
36
20
7
106%
1958
mtge
AGen
due
Con
96
85 %
16%
10
F-A
1949
Chicago & Eastern 111 RR—
■h
to
Toledo Cin Div ref 4s A
A
28
'
M-N
:
registered
AStpd 4s
lis
41
25
M-S
RR ref 3s
1st & ref 4'As series B
\
M-S
28
1996
Illinois division 3%s
3'As registered
Illinois Division 4s
52%
35%
38%
71
Chicago Burlington & Quincy RR—
AGeneral
1% to
—
1
4s
JAChicago & Alton
AGeneral
J-D
Pgh L E & W Va System—
A
Ref gold 4s extended to—1951
S'west Dlv 1st M (int at 3%%
to Jan
59%,
72
40%
16%
'——1996
due
Sep 1 1946)
A Conv
"a
(int at
(int at 1%
86
V:
"■*
-As
1995
due——————2000
ser F
vU
'39%
J-D
1% %
due
71%
A-0
1995
...
(Int at
1946)
69
18%
286
1996
gold 4s
■../( A Conv adjustment 5s
due
ser
1
68
29
221
25%
r-i
—July 1948
Ref & gen ser A (int at 1% to
;
cons
AGen
68%
84%
30
J-J
AGen
A-0
37%
110% 112%
31'A
J-J
AGen
RR—
—.
53
.20
1
1992
AGen
1st mtge gold 4s
July 1948
Stamped modified bonds—
1st mtge gold (int at 4% to
25
19%
V
^Chicago Milwaukee & St Paul—
B
&
28%"
19%
6'A
35
26%
A-O
1989
AGen
Baltimore
149
47%
106% 107
F-A
1946
A Div. 1st
A Gen
;4 108
109%
10235 102%
,
J-D
1952
9
111
4 102 3*2 102 &
:
M-S
—1964
gold 4s
112%'
6%
83
F-A
impt mtge 3%s D
impt M 3%s series E
2d consol gold
'1st
111
10
108
1944
107%
105'A
111
108/
23%
35
25V
..1954
General 4s
107
95%
—
249
15
15
29
a-0
Potts Creek Br 1st 4s
120%
96%
15
111'A
J-D
1946
4s
111%
1
105'A 105%
——
J-D
1st 4s
cons
51
'
4'/as A
Atlantic & Danville Ry 1st 4s
Second
119
105% 105'A
J-D
gold 5s
1st
unified
coll
N
119
1960
30-year 5s series B
Atlantic
119%
Nov
1995
1910
1st
L
AO
Ref. &
Ref &
-
110 % 111%
90
50
57%
Chesapeake & Ohio Ry—
71 -A
102
1U%
41%
111% 111%
J-J
R &
105
A-O
68%
28%
^..1960
I: /General gold 4%s
74
32
—
30%
30
J-J
M-S
109 %
105%
J-J
1955
...
Trans-Con Short L
Atl
51%
71
*102%
111%
Af-N
%
A 105
105
1955
gold 4s of
Atl
&
98%
20
17
25
84
27%
J-J
*
Z1942
101%
19
72
70
M-S
1995
1905
Atl
L
71%
Q-J
1995
gold 4s of 1909
Conv 4s of
1st
117'A:
105
Topeka & Santa Fe—
Adjustment gold 4s
Stamped 4s
Conv
108 %'109%
71%
F-A
-
—1978
General 4s_.
Conv
109%
Jan
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B
.——1955
1st sink fund 4s juries C (Deli.1957
110%
107
100%
101%
A...1975
Anglo-Chilean Nitrate deb—
Ann
61
60 %
110%
107'/a
202
-'
—-
Wks & Elec 6s
107'A
14
115% 116'A
103>/2 103%
\
'
Called
31
■V 10
*—
A-O
Certain-teea Prod 5Va# A—i9^0
American Telephone & Telegraph Co.—
3'As
J-D
&
—
107
48
102% 105%
101% 101%
14
14%
J-J
___1962
5s__.
101
4
14
A-O
gtd gold 4S-1949
Banking—
§A5s stamped
107'A
V
9
39
41%
1987
Power
Through Short L 1st gtd 4s
106
Hoo
u
104
N
*
A-O
1987
Central Pacific
/
High
105
107% 1101/2
19
54
Low
62
l
104%
81 %
M-N
1987
4s
13
'■VU:
'
,
__1987
registered
Central
.
50%
t
,
101% 101%
50% 51%
F-A
...1961
...
:5105%
204
100 332 100 &
—-—
Corp conv 5'As__
'■
49"
J-D
-
; ?
...1966
1st gtd 4s
104
J-J
.
Light 3%s
Eng
52
J-J
1st
tACentral of N J gen gold 5s_.
v.
5s registered
93%
93
'
105'A
J-J
V2
'
107% 108
89
P
No.
106% 107
F-A
99
V
70
60'A
197
M-N
1981
ARef & gen 5%s series B
1959
ARef & gen 5s series C
1959
AChatt Div pur
money gold 4s__1951
AMobile Div 1st gold 5s
1946
75'A
.
104 %
F-A
:
..1950
gtd gold 4s
gold 4s
1948
^Central of Georgia Ry—* :
•:. -aA 1st
mtge 5s
Nov 1945
§ A Consol gold 5s
1945
'
1951
&
Called
Branch
Central
Allied Stores Corp 4V2S debs.i.
Allis-Chalmers Mfg conv 4s
w
110
Range Since
January I
Sold
105
110
102
93'A
.
—
A-O
w
105
M-S
A Cent
94%
.
1998
Corp 5s
1st
Bonds
High
J-J
Celanese
'
modified
Am Internat
Friday's
1965
106
62
6
5s
Am
or
Sale Price Bid & Asked
1949
!
103
62
100
A-0
Alleghany & West 1st gtd 4s
4s
Corp 3'As debs.
1962
Celotex Corp 3%s debs.
_i_.r....__1955
? 108
ViV.
75%-
100
Ohio
,
*76
100
Cart & Adir
104 Va
101'A
751/8
A-0
income
Week's Range
Last
Period
103'A
1
103% 103 Va
A-O
Albany & Susquehanna RR 3'As___1946
3 Vis registered
•
1946
A5s
Interest
102
Vi
"104%
A-0
Alleghany Corp—
Friday
Exchange
102 A
4
II "
*1011/2
1948
76%
&
Carriers & Gen
ri
::,;v
J-D
Clinch
71'A
48'A:
——
102% 103
M-N
mtge 3%s ser A____
.„__1967
Alabama Power 1st mtge 3'As
1972
Albany Perfor Wrap Pap 6s__
.1948
with
69 ;
*104 'A
F-A
1st
6s
*68
M-S
J-D
1946
B
series
64'A
J-D
1948
1947
1907
10-year deb 4'As stamped
cons
J-D
___1953
Express coll tr gold 4s
1st
Stork
Low
1953
AStamped
Ala-Gt
York
Week Ended Sept. 24
;y
*§ACarolina Central 1st gtd 4s
JAbitibi Power & faper—
§A5s series A unstamped
Coll trust 4s of
New
-
High
Railroad and Industrial Companies
Adams
1261
BONDS
Friday's
Sale Price Bid & Asked
Period
CHRONICLE
70
54
.
105
Commonwealth Edison Co-—
95%
105
1st
91
101%
Conv
mtge 3'As series I_.
debs
3'As.
1968
J-D
1958
J-J
109%
'•v
109% 110
114%
114% 114%
8
109'A illl%
34
108% 1115'A
THE
1262
Monday, September 27, 1943
COMMERCIAL &• FINANCIAL CHRONICLE
NEW YORK BOND RECORD
BONDS
Interest
Period
Stock Exchange
Week Ended Sept. 24
New York
Last
or
debentures
bonds (Get.
105'/2
3%s debentures..:—_____
Consolidated Oil conv deb 3Vis
deb 4s
1954
105'/a 105%
106'/a 108
J-J
debentures:
Ry non-conv
fAConsol
4s
A Debenture
A
1
107 Vi
5
105%
106%
109 Vi
105%
23
103-/4
42'/a
42'/a
1
31%
42%
12
33
51'/i
42'/a
6
11
92
108% 108%
12
1963
1963
ref 5s series A
1st
Joint
1st & ref 4%s series C
103
4AInd & Louisville 1st gtd 4s
3'/2S
mtge 3'/is.
mtge 3Vis
mtge 3Vis
mtge 3Vis
1st
1st
1st
1st
y
1st
—
A
112%
107%
109 Vi
6
108%
111%
Inspiration Cons Copper 4s
Interlake Iron conv deb 4s
2
101
102'%
93
98 Vi
98%
J-J
J-D
extended to—1946
receipts
A6s series B extended to——19.46
ADeposit receipts
T
Curtis Publishing Co 3s deb—
1955
series A
42V4
38'/4
54
40%
3
V'
J-D
.
:
40%
42
48
96%
11
99% 101
101
W gen
t A Dels
Detroit
Gen
East
2Vis debs—
Elec Auto-Lite
Ohio
Div
RR extl 1st 4s
1st mtge 3
Vis
♦
-
110%
112%
104%
107 Vi
4Vis
30%
99%
102 V a
103'/a
2
33Vi
2
107
108%
:;%12
103
110%
••
-
_
;
151%
148
_
& 100%
10
n
v
102
3
80 Vi
65
19
I
821/4
64
5
V/
79%
98
6IV2
61%
100
651/4
55
106%
/
*107
*103'/4
100%
92%
166
62
1961
Flintkote Co 3s debs.'
.——1.1958
jAFlorida Cent & Peninsular 5s—1943
JFloncia East Coast 1st 4VaS
1959
A 1st & ref 5s series A
1974
deposit
of
ACertificates
M-N
/f/M-N
J-j
1st 5s
J-D
——
Gas & Elec
Gen
M-N
..Oct 1 1945
6s
1934
1956
Gotham Hosiery deb 5s w w
1946
Grays Point Terra 1st gtd 5s
1947
Great Northern 4Vis series A
1961
1952
1973
1976
1977
1946
General 5Vis series B—
General 5s series C
General 4Vis series D
General 4Vis series E
V General mtge
Gen
mtge 3%s series
a
Debentures
RR—
Gulf & Ship Island
1st
&
4
10%
19.
4%
103%
80 Va
12
14%
102 %
1
931%
15
Vi
94%
33
98
25%
79
19
34%
45
46
6
30
55 %
17
107%
103
109
105Vi
101%
99%
*100
97
99%
110% 110%
111%
109
5
106% 106'/a
98%
98%
98%
93
991/4
108 Vi
83% 102%
20
98%
112%
92%
46
112 Vi
102%
7
Ml 11% 111%
123
83%
100%
103%
103% 104
11
99Vi
105%
103
102% 103
49
99
1031/4
91 Vi
92
116
64
64
5
91%
12%
90%
90%
66
J-J
65%
66%
:
93%
69%
9
21
12%
90%
Feb
J-J
75%
58
14%
34
69%
94%
50
54
69 Vi
...
1952
1961
1969
ref Term M 5s stpd
Gulf States Steel s
25
*101% 102
J-J
J-J
J-J
Feb
1975
2015
4s series B
mtge inc 5s series A
2
10%
107
J-D
M-S
"
B
ctfs
Gulf Mobile & Ohio
AGen
I
}'■>
J-J
J-J
J-J
J-J
West deb ctfs A
38%
34Vi
24%
J-D
—.1946
1967
H
Gen mtge 4s series
AGreen Bay &
.
4s series G
V
41
102% 102%
102 %
J-J
t§AGa Caro & Nor 1st ext
Goodrich (B F} 1st 4Vis
98 %
19%
20
93
f'4%s
series D
Gulf States Util 3 Vis
-V
J-J
A-O
M-N
*97
104%
97
__
104% 105%
14
v.
97
102 %
110
*108% 110%
106
111%
H
Hocking Valley Ry 1st 4Vis
}§AHousatonic -Ry cons gold 5s
Houston
Oil 4Vis
Hudson Coal
1st
Hudson
Co Gas
Hudson
&
1999
1954
f 5s
series
A
m-N
1962
debs
s
1st gold 5s
M-N
J-D
85
85
105% 105%
52%
1st
5s
AAdj income 5s
M-N
1957
F-A
56
56
571/a
A-O
28%
28%
29
Illinois Bell Telep 2%s series A..
1981
J-J
103%
80
3
103
133'/a
102% 103%
1st gold 4s
J-J
J-J
*96%
A-O
46%
611/4
19%
31
12
101% 104%
1951
M-S
Collateral trust gold 4s—
1952
A-O
61%
61%
Refunding 4s
1955
M-N
59%
59%
60
1952
J-J
56
55Vi
56
1953
M-N
61
60%
61
1st
gold 3s sterling
Purchased
lines
Collateral trust
For' footnotes
"
gold 4s
see
page
■
^
3Vis
1264.
97% 100%
„
97
*44
102%
105V4
49
104%
107%
10 L
V
92
101 Vi
95%
102%
63 %
80%
85
66%
85 Va
3%
33
1%
1
101
*100% 101
127
84%
79
79
80
83 3i
83%
3%
3%
6
60
59%
60%
58
46%
67
95%
95
95%
11
94
96%
86
98 Va
86 %
87%
127
61%
89 »/4
86
*98Va
87
68
69%
—.-r
69
Vi
69%
5
93%
— «
■
—
'
—
93%
937a
93%
■
*941/8
61
85
62
*89%
117
46
'
*57
110%
111%
57
117
117
75
78'/a
105%
37
74%
73 Vi
62%
23
%
88
61
5
107% 108
108
86
83
*85 Va
*174Va
170%
174 Va
*104% 105%
105
106 7'b
'
107
103%
4
105%
108'/2
11
100%
103 %
1%
4%
*109
.
107% 107%
F-A
97%
103
103
5
*4%
ref
5%s series
1960
Erie & Western RR—
Lake
5s extended at
Lake Sh
3%s
3%
■
/:
■"•■
■
to______.___.1947
1997
registered—
Ltd—
64%
65
•
95
23
78
95
41
75
5s—1964
stamped—
1964
1st & ref sink fund 5s
1974
5s
stamped1974
Leh Val Harbor Term gtd 5s__
1954
Lehigh Valley N Y 4%s ext
,.1950
F-A
99%
94
65
25
106
20
16
95
95
94 Va
v'-■' 1
99%
94
94
101
87
1
95
88%
89%
*88 Vi
88 3/
86
93
*65
75
71%
*65 %
71%
67%
74%
71
F-A
73
73
65%
*67%! 67%
71
F-A
56%
56%
58
54
44
66
J-J
Lehigh Valley RR—
4s stamped modified
4s registered—
65%
65
67%
15
52%
75%
42%
■■
M-N
33
32%
34%
33V'4
190
29%
33%
1
28%
40
M-N
...2003
2003
M
4Vis stamped, modified_._i__i_.2003
:
4 Vis registered
2003
5s stamped modified—
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lex & East 1st 50-yr 5s; gtd___
il965
Libby McNeil & Libby 4s__
.1955
Liggett & Myers Tobacco 7s
1944
36
35%
37
104
32%
45
341/4
34%
8
31%
41%
431/a
44%
34
35%
69
69
18
55%
122
122
___
♦
.1951'
M-N
A-O
A-O
J-J
A-O
F-A
69
50
75
5
•
v
115
122%
1
105%
107%
106
17
105%
109%
1211/4 122
7
105% 105%
105%
10,5%
121% 122%
.
107 %
107%
M-N
1950
1949
A-O
M-S
1949
4s
stamped
1949
Lorillard <P} Co deb 7s—
1944
5s debenture.—
1—1951
Louisiana & Ark 1st 5s series A—_1969
Louisville Gas & Elec 3Vis
.1966
Lou & Jeff Bridge Co gtd 4s
1945
M-S
103'/a
M-S
*
102% 103%
103%
102% 103 Va
Long Dock Co 3%s ext to
Long Island unified 4s
Guaranteed ref gold 4s__
Louisville & Nashville RR—
1st & ref 5s series B
& ref 4 %s series C—
*105
107%
104%
:/
99%
102
16
98%
104 %
14
98%
104%
105 %
105%
13
105%
110
120
120
"<2
120
122 Vi
93
39
78%
110% 111
9
109%
111%
103% 103%
105%
A-O
F-A
J-J
M-S
4
103%
104 Va
92%
111
M-S
2003
2003 *
1st & ref-4s series D
—2003
1st & ref 3%s series E_____•
3003
Unif mtge 3Vis series A ext.—.1950
Unif mtge :4s series B ext
1960
Paducah & Mem-Div 4s____—__-1946
St Louis Div 2d gold 3s
1980
Mob & Montg 1st gold 4%S——.1945
South Ry Joint monon 4s
1952
Atl Knox & Cine Div 4s
1955
1st
106
103'/a
107%
..1962
Little Miami gen 4s series A
102%
8
58
94%
13
■-88%
95%
97
921/4
97
93
/,:r 46
102%
108V103
*105
M-S
J-J
M-N
85 >/
100
95%
102%
105%
108 y2
109%
103
105
,
78'A
3
927a
107
■•
2
103
92%
.
108
104%
l'-/
108%
F-A
M-S
:
15
102% 102%
108%
J-J
J-J
103%
108
102% 103
108
A-O
a-O
A-O
A-0
94%
\
■
94
18
100%
*110% 111%
100 Vi
105
110
—
93
105Vi
101
110%
M
series A
1945
Gen mtge 4 Vis series A—
1960
Manati Sugar 4s sink fund—Feb 11957
AManila Elec RR & Lt s f 5s
1953
AManila RR (Southern Lines) 4s
1959
t§AManitowoc Green Bay & North¬
western 1st gtd 31/2S
1941
Marion Steam Shovel s f 6s
1947
Maine Central RR 4s
91
92%
22
84%
94
J-D
55%
5.5%
57
29
47%
59
M-N
66%
63%
66%
27
49Va
70
45%
55
50
50
Stamped
Market Street Railway—
•"
92%
97
96
97
60%
51%
65
McCrory Stores deb 3%—■_
.1955
McKesson & Robbins 3%S—.—.1956
47
60%
Metroo Fd 1st, 4 %s series
43%
57%
Metrop Wat Sew & Drain
5%s__—1950
46%
61%
JgAMet W Siae Ei
4.V.
•
■
__i__1945.
(Stamped modi.ext 5s
(Cnict
D
___1960
1938
91
J-D
y
M-S
*50Va
M-N
*25%;
:
";
•—
1
•
70
103
100
102 Va
101% 101%
1
98%
3
89%
105% 105%
4
105%
107% 107%
..101%
;•'/ •/:
16
106 Vi
99%
106%
109%
"111% UIV4
18
111
113%
1
84
98 %
Q-A
A-O
A-O
F-A
39
lOO'A
*101%
A-O
J-J
M-S
■.
*55
J-J
A-O
60 3a
13
73%
94 Vi
93%
5s
debenture—
89 Vi
95
F-A
1st & ref sink fund
93'/4
52
12
94%
1954
1954
5s
83%
Dec
A-O
M-S
;
99%
1.80
88
J-J
1965
1945
stamped
99
'85 '-i
99% 101%
*86%
~4
■
90%
90
90%
J-J
gold 4s
.
64%
1975
1954
1054
mtge income reg
98% v:
97%
10
101
85 Vi
26
*101
Lautaro Nitrate Co
Lehigh Coal & Nav s f 4%s A
Cons sink fund 4Vis series C_.
98%
,v
98
97%
VA
J-J
J-D
J-D
gold 3%s—1997
& Mich Sou
*100%. 101
118%
56
'
97
70
38%
7
107V8 107%
107%
62%
117%
*98
1951
1951
1951
3Vis—ZZZIZl
gold
48%
23%
77
103% 103%
103%
105%
40 Vi
3
Illinois Central RR—
1st gold 3 (is
Extended 1st
40
60
88
166
1949
A
127
117
52% - 56
117% 117%
Feb 1957
Manhattan
2
1
133% 133%
J-J
1937
46
46%
58%
97%
&
>
J-D
J-J
J-J
Ry 5s
$AGeorgia & Ala
106
76%
2
230
103% 103%
93%
45
45
58%
A-O
<■!', F-A
extd 5s
C__
Coll '& ref 5Vis-series D
Coll
Lehigh & N Y 1st gtd
IO0V2
83
10 %
—
J-D
1949
93%
36'%
/
10%
M-N
of Berg Co cons 5s—1949
Steel Castings 5Vis
9
34%
34%
—
(Proof of claim}..
...1982
ACertificates of deposit—....;
Food Machinery Corp 3s debs—1956 V
Francisoo Sugar coll trust 6S..—1956
§A2-4s
48%
1945
1953
Laclede Gas Light
Lehigh & New Eng RR 4s A—
105
102%
10
931/4
RR—
JFonda Johns & Glover
103
34'/a
35
f M-S
:
24%
21
M-S
1071/2
99
11
105 % 106
106
52%
6%
J-J
1954
104.;
99
—
—
103% 103%
103
24%
23%
1959
5s
& Rub 3s deb
165
359
A-O
J-J
1997
:_I954
Lehigh Valley Coal Co—
1st & ref sink fund 5s.
Firestone Tire
49%
J-J
JAKreuger & Toll 5s ctfs
:•••• A 1st
37
99% 100
99%
J-J
J-J
M-N
M-S
104
21%
M-S
M-S
106%
102 Vi
80
102%
102%
111%
__
79
108%
39
99% 100
99%
106 V2
22%
108
78Vi
101%
—
19%
Koppers Co 1st mtge 3%s
1961
Kresge Foundation 3% notes—.1950
109
110'/a
79%
106%
46
—1961
-.
Kings Co Lighting
1st & ref 6 %s
85%
1
■
unguaranteed
34
26
28
110% 110%
108 Vi
104%
-
-r
42
24%
102%
103%
98%
82
108 Vi
-
6
105%
105
J-J
Kings County El L & P 6s
99%
25
—
191/2
1961
51
40
:>
38
*103
A-O
J-J
J-J
J-J
J-J
J-J
1961
Plain
3
10L% -101%.
gold 4s. 1936
Stamped
112%
110 Vi
46%
*106
v,V'
4Vis series A
mtge inc
N Y & Erie
98%
89
.">1
*145
J-J
1995
2015
.11947
1971
11
108
110%
A-O
r A-O
—-1962
Empire Gas & Fuel 3 Vis
Erie Railroad Co—
lst cons M 4s series B—
98%
109
56
40
*102
A-O
A-O
Southern Ry 1st 3s
1950
Ref & impt 5s
A
Apr 1950
Kansas City Term. 1st 4s.
..I960
Kentucky Central gold 4s
1987
Kentucky & Ind Term 4 Vis
1961
20
105% 106
109
98%
38%
F-A
Kansas City
41
6%
*23Vi
AT-3
1965
1965
1st 5s
stamped
V AGen
-
12%
IO71/2 108
M-N
J-J
/ 'J-D
1970
Ry 3 Vis
Elgin Joliet & East
El Paso & S W
5s
1995
1950
gold 5s
(NY} 1st cons
Ed El 111
3%
'
A-O
Ry Minn Nor Dlv 1st 4s._—.1948
Va & Ga Div 1st 5s
1956
755
102 Vi 102 Vi
J-J
East Tenn
12 Vi
98%
J-J
98
86
3%
18 Va
99
56%
K
170
75
*28
43 Va
IO51/4
J-D
J-J
tSAK C Ft S & M Ry ref
ACertificates of deposit
17'/4
M-N
M-S
A-O
Term &
90
*108'/a 110
J
Steel 3 Vis
45%
894
*40
50%
39%
1959
1961
Frankl & Clear 1st 4s
22 Vi
20
106
60
49%
98%
M-S
81
111% 111%
53%
108%
41
111%
62%
47%
J-J
*
Kanawha & Mich 1st gtd gold 4s__1990
4
80
15"
54
1951
45 Vi
111 Vi 111%
65
243
F-A
1955
21 Vi
5%
48 Vi
46%
107
381/4
39%
1
1952
1,231
7
.5
5
A-O
M-S
J-D
J-D
J-D
Tunnel 4Vis
1961
Dow Chemical deb 2Vis
1950
Dul Miss & Iron Range Ry 3Vis—1962
ADul Sou Shore & Atl gold 5s—1937
Duquesne Light 1st M 3Vis
1965 i
Detroit
5'/a
4
54%
108%
45%
J-J
M-S
—1970
4s 1995
1995
ref 3s series H
Detroit & Mackinac 1st lien gold
ASecond gold 4s
—
44
%
60%
64%
95
79
J-J
1972
103 Vi
45
5 Vi
F-A
Edison 4s series F—...—1965
& ref mtge 3 Vis series G—1966
Gen &
41%
44%
A-O
1935
1947
Dodge 4s ctfs
Plains Val 1st gtd 4 Vis
JADefe M & Ft
44
F-A
B——1978
series
100
47%
50%
J-J
A-O
J-J
M-S
M-N
..1947
_
deb gold 4Vis
& Laughlin
Jones
75%
a
102%
1
19
101
6103% 104
i J-J
(subject to plan}
Assented
A
ARef & impt 5s
101
56 3
519
5
A-O
..1955
1st 5s B
ref 6Vis
SBSS-
108 %
James
103'/a 103'/a
101
J-J
gold 4s__.1936
——1936
5s
Aug 1955
105%
75%
73%
75%
M-N
J-J
J-J
J-J
J§ADen & R G 1st cons
gAConsol gold 4(is
fADenv & R G
&
Int Telep & Teleg
Debentures 5s
*101%
J-D
Union Ry 3%s series B—1965
A Delaware & Hudson 1st & ref 4s_1943
Delaware Power & Light 1st (4%s__iy <l
1st & ref 4Vis
1969
1st mortgage 4Vis
—
—.1969
107%
'■107
J-J
*970
L 1st mtge 3s
lien
1st
tAIowa Cent Ry 1st & ref 4s_
Dayton
61
59%
J-J
1956
1944
1947
Ref sink fund 6s series A
D
Dayton P &
5s
gold 5s series C
Int Rys Cent Amer
39 Vi
26%
37V4
42
79
79
A-O
6s series A—July 1952
series BJ
1956
6s
Internat Paper 5s series A & B
48%
271/4
r:
46
63%
A-O
1947
Internat Hydro El deb
42%
36
2
.
47%
*36
100%
A-O
.
54
1952
Adjustment
A 1st
45
30
•
1
37
v
*46
-
31
46
46
——:;
37
ADeposit
.
39
38*
9
40
U.
38
A
A 1st
32%
27
2
42 Vi
38
51 Vi
—
77
60%
*85i/4
A-O
tAIntor-Great Nor 1st 6s series A.1952
32
/
98
98
J-D
receipts
Deposit
A7Vis
110%
17
102 Va 102'/4
A-O
J-D
gold————1952
RR 1st 5s
ACuba
•-
-
39
1081/4 108 %
110% 110%
M-N
M-N
IH1/2
1C9%
78%
58
58%
M-S
1950
1956
B
1986
Inland Steel 1st mtge 3s series F..1961
110
110% 111
110%
M-N
108 %
1111%
*—
M-N
f debs
Crucible Steel 3Vis s f debs
§ACuba Northern Ry 1st 5%s—...1942
A Deposit
receipts—..
—
Co 2Vis s
Crane
108 %
M-N
..1965
1967
1970
—1966
1969
1950
1955
mtge
94%
63%
71
59%
J-J
J-J
Ind Union Ry 3Vis series
Ind 111 & Iowa 1st gold 4s
Power Co—
Consumers
54%
/•.
4
71
J-D
J-D
.
85
78%
*75%
F-A
67%
42%
1
94%
111 Cent and Chic St L & N O—
51Vi
32
100'/a
42'/a
100
181
94%
48%
J-J
1951
High
49%
65
59%
Low
No.
56%
64
48%
J-J
F-A
J-J
J-J
January 1
Sold
61
65
M-N
F-A
J-D
J-J
1951
Springfield Div 1st gold 3%s
Western Lines 1st gold 4s
51V4
42
1953
.1966
1950
1951
Louisville Div & Term gold 3%S-1953
Omaha Div 1st gold 3s—
1951
St. Louis Div & Term gold 3s—„1951
Gold 3 Vis
1951
108
20
104% 105 Vi
104%
J-J
1960
Consolidation Coal s f 5s
100 Vi
107% 108 Vi
J-J
J-J
1955
1956
—
4s__—_—
Debenture
105 Vi
40-year 4%s
Cairo Bridge gold 4s
Litchfield Div 1st gold 3s_
104 Vi
47
108
A-O
A-O
J-J
J-D
debentures
3Vis
Refunding 5s
lOOyi
—
1948
1956
1958
1951
3'/is
111
Range Since
Bonds
High
Illinois Central RR—(Continued)
114
100 %
28
A-O
1946
—
High
109
101% 101%
101'/4
'
,
Last
..v
Sale Price Bid & Asked
Low
J-J
1943}
1,
Called
Sept. 24
Ended
Week
:
Interest
Period
Stock Exchange
113%
..
109% 110%
109%
F-A
f 33/4S A
1961
Consolidated Cigar 3%s s. f. debs_1953
Consolidated Edison of New York—
3%s
*113%
J-J
1951
ref 4%s
Ry & L 1st &
Conn River Power s
Low
No.
High
New York
Range Since
January 1
Sold
Sale Price Bid & Asked
Low
Conn
Bonds
Friday's
Week's Range
or Friday's (
Friday
BONDS
Week's Range
Friday
111%'
93%
93%
11%
12
10
6%
96
12%
Volume 158
/V####''
-Number 4215
THE COMMERCIAL & FINANCIAL CHRONICLE
'BONDS
York Stock Exchange ftVVeek Ended Sept. 21 vftftft#
Friday
New
'ft/:
#.*;#>/■■
Interest
Week's Range
Last
Period
-ft
ft
BONDS
Friday's
or
Bonds
>
Sale Price Bid & Asked
Range Since
Sold
7:
'ft
High
No.
Low
Lans
& Sag 3%s
1951
3yas„.—-w-1952
Ref & impt 4%s series C_
1979
Michigan.. Consol Gas 4s
1963
1st
M-S
gold
}§AMilw & Northern 1st ext 4%s_.,1939
A§Consol ext 4%s
ft
—1939
ext 50-yr 5s
&
MS
5s
28
A25-year;
1946
t AMissouri-Illinois RR
1978
1st
250
27/a
2%
1st
8%
8
8
216
16
29'/4
48
16%
114
15%
30
63/4
17
4%
10
3%
99%
1
98%
50%
51%
137
41%
58 '/8
60
136
4834
.49
33%
15
vi% ft
1
v
V.
64%
•
73%
72'%
5s series A
.1962
j-j
40-year 4s series B——
—1962
Prior lien 4%s series D———--1978
j-j
j-j
50
49
503/4
:;v 57
ACum
A-O
28
27%
29%
117
_
59%
adjust 5s series A—Jan 1967
58'/8
ref 5s series A—'
&
ACertificates
of
•
/
'Alst &
F-A
Alst
ref
&
5s
of
57
MS
23'/4
22%
MS
..1965
deposit
ref 5s series P
ACertificates
57
55%
56
353/4
56'%
19
.1977
—
■
38
G
■I
Monongahela Ey
36 la
5%
57
56
57%
117
36%
56 %
1st
55%
."w-
M-N
Power
Montreal
Tramways 5s
1st
&
ref
Morris
58%
193
!
^
57
A-O
Essex
33As—_1966
1st
112
106%
J-D
113% 113%
106% 107%
Mutual Fuel Gas
*94'%
9
46
44%
Nat
Distillers
3'As
Prod
443/4
45%
41%
40%
J-D
85: ft
41%
Steel
1st
mtge
;
——
37%
106% 107% ft
MS
103%
103
1st
N
J
&
RR
a-o
M-N
-31%
.108%
•
1945
1945
.1961
1st
gtd 4s
Alst
series
5s
of
1953
Alst
ACertificates
Alst
4lis
5'As
series
ACertificates
Central
Y
Ref
&
C'onv
N
Y
RR
;
Hud
&
Cent
3'As
3'As
95
95%
York
5'As
series
series
69%
69
a"o
'ft.-;,ft
69% ft'
68
1st
6s
N
Y
N
Y
29
68%
F-A
109%
109% 109%
12
109%
110%
1967
1964
-
M-3
1944
v
J-J
Conv 5%
N
1st
N
lien
&
ref
72%
73%
3%s
Gas
N Y Lack
j-j
61
55%
8
107%
1107%
107% 107%
1
107
110
102%
102% 102%
1
102
104'%
104%
106%
105%
107'A
1945
1946
M-N
v;,v.
*106
J-D
'*
106%
1st
1946
106'A 106%
4%s ser A
mtge
J-J
Co
1st
gold 5s—.1946
1st M
f
s
Parmelee
ft
J-D
deb
Trans
923A
99%
110'/a
109 % 110'/a
23
109'/2
J-D
112%
110'/a
19
110
J-D
112%
111
110% 110%
IIO3/4 111
22
109
103%
112%
1063A
103
106'A
•
series
__
1053/4 105%
B,.n_1966
:■
J-J
••\:_V ft
A-O
J-D
/./-- '
1960
1st
64%
6s
1944
3%s trust
&
*105
>
70
gold
ctfs
D
78%
A-O
1944
..-'-•■■/'ft'
96
./-■ft#/
*—
J-D
-.1952
/
j:
4s
Gen
:.
52%
793A
Cons
75
General
4%s
General
5s
mtge
M-N
##'.
102
109
13
103%
104
106%
109%
20
98%
108%
3
108%
1
108
1981
A-O
1984
J-J ft
61
Peoples Gas L & C ref 5s
74%
87%
Peoria
mtge 4%s series E___
Cony deb 3'As
"•ft- 6
ft
61%
50%
5
&
...1952
Eastern
'•'•'•
'•
*124%
109
4s
1960
Marquette
F-A
1st series A 5s
66%
1st
4s
1st
1956
gold 4%s series C
series
Phelps Dodge
94%
85%
*101%
100
101
101,.
14
106% 106%
7.7
78%
v
98%
99%
101
62
65 ft
'•.37
99
13
86
108% 108%
26
108
A-O
109% 109%
10
J-D
115% 115%
9
#111% 111%
5
#ft/
109
..1949
F-A
.2000
M-N
49
22
i.-1973
M-N
65 '/4
ftl973
M-N
*__ -V:
-__■■■
100
.
65%
conv
102'%
fN Y New Haven & Hartford RR—
43
.
44
'
General
101 %
General
gold
4%s
78%
Philadelphia Co
99'%
Phila Electric
1st
110'%'
110 3%
100
>
55%
74'%
80%
44
J-J
..1948
J-J
V1940
A-O
ft
M-N
'
96%
106%
104% 1043/4
11
95%
106%
99
99
/
99%
110
111% 111%
11
57%
54%
.
89%
-
42%
44
43-
50%
49% ^
48%
61%
17.-.,:.
16
45%
J-D
/ft
-
■
229
44%
&
ref
•
coll tr 4'As
1st
&
1961
46% V.
ft
AConv deb 6s_.
52
Philip Morris Ltd deb 3s..
3s
v
Ry
ACertificates
of
1st s f 4s
deposit
l%s
j-j
F
4s
guaranteed gold..
guaranteed
62%
Series I
78
Series
21
Gen mtge 5s series A
Gen mtge 5s series B
36%
55
17
'/ft
3/8
4%
90%
103
202
ft ft 63A
•,..:
52%
J-D
8%
53%
4
.
ft: :
Gen
5
•
2
83
76%
15
104%
107
100
102%
118%
127%
106'A
15
120
4
111
120
'ft 109
3
108%
111'/a
12%
7
106
#
96*
•:107%
106
106%
71
111
111%
111%
14
*103% 104%
ft.//
./■
__
38%
110% '112%
102
42'%
842
!104%
j
16%
17%'
593
20%
40%
8 3/4
:
17%
106'A 106'A
2
105 7%
1053/4 105 7%
29
104%
15
105%
105% 106%
9
3%
4%
7%
104% 110%
7%
*5
—
Series D 4s guaranteed:
.....1945
Series E 3%s gtd gold.L.—
1949
49%
8%
64%
57%
109
J-J
,.1951
Seri.'s
37%
102% 102%
8%
13
84
■
17
J
cons
4%s
•
1957
-
1960,.
8
8
752
*105%
F-A
*103
*112%
M-N
104
:106%
106 3/8
1963
Pitts
1st
Steel
1st
conv
j-j
1952
...M-S
J-D
mtge 4%s series B_.
.
1950
„J-D
.
113 Vs
122%
119%
119%
123%
115
A-O
1977
4%s A
:
105%
116%
1147%
105
117
112%
*123
J-D
mtge 4%s—...—1950
113
111%
113
120
F-A
1975
105%
110
113
M-N
1970
4%s series C
Pitts Coke & Iroa
105
106
*112%
F-A
guaranteed 4%s__1964
cons
-
M-N
J-D
-
1953
■
-■
•—
40%
M-S
52
■•/'•' 49
,f,
91
Pittsburgh Cine Chi & St Louis—
cons-guaranteed 4s
■
72%
72%
40
•
1937
4s
457
21
107
120
'ft':
M-S
v.
.....
debs
Series G
:'*•
ott V4
5%
79%
106
J-J
1963
49%
8%.
44% i
106%
90
126% 127
M-N
debentures
t§APhilippine
.;/
1962
Series H
.'V 53 ; ;
J-D
..1949
49
•'
—
*100
J-J
^Philadelphia & Reading Coal—
A rex 5s stamped
....—...1973
49%
V
•-
99%
112%
79%
ft#.:#
M-S
—1971
32%
v
30
319
t
90%
111
71%
79%
.72
J-J
J-D
;
ref 3%s—...1967
mtge 2%s
53
•:
M-N
1977
..1981
33 .ft:
v
28 ft-
:
ft
17%
•
C
D__
31%
71
••" ft-
64
'
series
346
-'.
JAHarleni River & Port Chester
M-3
97
88 %
J-D
F-A
21
*1053/4 107
'■ ••//'
•
57 3A
15
20%
•;
M-N
31%
•
'
62'A
1952
1974
31%
53
41%
-1956
."ft/ 34 'ft/
87
I
4%s
series
M-S
.1943 /
gold 4s
B
•:
42
42%
ft//: I
43
41%
••is
42%
41%
ft,
117
89%
55
1043/4
J-J
.
1980
3%s deb
1st
series
Phillips Petrol
43
108
48
104% 105 Va
96%
106%
60
28
74 !£>
j
M-N
99%
11934 124%
101% 110%
105%
J-J
.1956
Bait & Wash
5s
115% 117%
111 V 1123%
(
*1011/4
Phila
B
General
*
J-J
110%
88%
96%
Apr
Ry 5%s_—1974
61
64%
.J1955
"ft:"/--
114% 115
A-O
ext
Union
48%
ft;
e
77%
^ ft1
—
110%
'
40
v
108% 109%
M-S
Apr 1990
Pekin
&
47%
35
ft-
61
mjls-}>'*•'vy
97%
'
A-O
1947
4s
AIncome
128
"ft- ''22' ft
110%
97%
963/4
86
81
ft ?:■/ 43
105%
67
92
M-S
108%
1073/4
41
109% 109%
A-O
67%
80
A-O
103%
106%
101
109%
110
.--ft;
J-D
47%
91%
M-S-'.
97
117%
104
97%'
A-O
1970
B_
4%s
52%
81
ft
57%
108% 108%
108%
1968 '
series
369
91%
./.] 954
105
' ' ft 78%
109
Gen
67%
M-S
111%
67
104
F-A
A
146
51%
A-O
gold 5s__.'1948
102%
104
*108% 109
104
J-D
series
393
61
1966
lll3/4
105
102
9
F-A
1970
sinking fund 4%s.
56%
57%
3'As series E
104
20
M-N
C
series
55%
60 %
ft
110%
•
116
108'%
F-A
May 11948
dollar
3%s
162
57
78%
12
*100
J-J
1974
61%
57
98%
ft#
96%
107%
1960
66
108%
/17.'
108
"
F-A
35
78%
107
1965
Pere
A-O
101%
108%
104
116
*102
General 4%s series D
•
-v
61%
A-O
„_:-/:///
107
J-J
./
1969
1948
sterl stpd
Peoria
.1951
'
109
108%
M-N
F-A
J-D
D-.1968
ser
Light 3 lis
4s
71%
82
.1965
..ft/'/
104% 1043A
783/4
M-S
r
5s_1949
cons
debentures
Consol
70%
106%
3
lul%
95'A
Pennsylvania RR—
69%
A-O
96'/a
'
.61'A
47%
ft
••
-10
■
*11.0% 111
/
104%
F-A
1963
Power
4%s
75%
75%
■/
ftlf)9% 109%
:22:'"-
M-N
:,
*101
v.
1955
4s
ref -3%s
&
Penna
64 %
72
.:
23
1013A 1013/4
--'■//■
109%
j-j
2
105 % 105%
,■/
F-A
;
Pennsylvania Glass Sand 3%s_.
1960
Pa Ohio & Det 4%s series B___—1981
ft 97%
•
-ft/ft'
*97% 106
J-D
1966
Broadway Corp—
gold 3s loan ctfs
Guaranteed
96%
53
A-O
1097%
110%
Pennsylvania Co—
15
J-D
103%
1083%
109
1961
lAPac RR of Mo 1st ext gold 4s__1938
§ A2d ext gold 5s
1938
31
F-A
3
1964
J-D
67
F-A
22
109% 109'%
*109'/a 110
J-D
78%
.1992
110% 110%
107'%
1971
83%
..1967
110%
1970
78%
.1947
6s
111
J-D
1st & ref M 3s series K
66%
:
§ A Collateral trust
109%
109'A
110%
83%
-1956
19%
106%
7
105%
66%
F-A
12 /•
19
J-D
5s
60%
'
29
J-J
gold 4s
Paterson & Passaic G & E
97
51%
5
*103%
14'%
108%
109% 110
99'A
78%
.1965
...
1st
108%
1946
....
con
14
108
M-S
1966
3%s
Transmission
14
M-N
13
F-A
1947
West 4s series A
4'As series B
Elec
Panhandle East P L 3s B
.1978
&
—
103
J-J
—1998
Purchase money gold 4s
N Y & Harlem gold 3'As
112%
■V:1
103'%
J-J
.
j-j
—1972
—
&
49%
ft:
30
72%
62%
;■
110%
j-j
1997
.
9
'
1962
1998
.
111% 112
*101
1967
Debenture gold
1950
Y & Erie—See Erie RR
112
1965
Paramount
1974
N Y Gas El Lt H & Pow
mtge 4s
debentures.
—1997
3'As series D-
1st gtd gold 4S.1948
mtge 4s
44%
,://■: 68 .••■'•
69
83 %
notes..
Y Edison
; •
Ref mtge 3'As series Cr
.".1966
Paducah & 111 1st s f gold 4%s—1955
50
36
66%
0
61%
debentures
•
States Power Co—
Otis Steel
81
ft-44%:
"
82%
Connecting RR 3'As A
Dock 1st gold 4s
62%
81%
68 'A
66%
Pacific Tel & Tel 3'As
48 ft
70
61 %
to
50%
55%
55%
'
11998
3'As extended
mtge
J-J
•
in
ft 50
132
69%
■'
65 %
!651/2
41
.ft.;, 5
83%
;
85
106%
125%
v
83%
72 ftftft
F-A
1998
C
60'A
40
85%
80%
.ft'
M-N
A
4'As
59%
1st & ref mtge 3%s series H
1st .& ref mtge 3%s series I
1st & ref mtge 3s series J
Chicago & St Louis—
Ref
Ref
60%
18
118%
73
65
60
60
A-O
registered
58 7/s
40% ft 56
1
J-J
.
89
42
93
229
Gtd 4s series E trust ctfs
.—2013
coll gold 3'As
55%
53
66'%
Secured
F-A
'
69
88
55
53
.
66%
108
A-O
3'As
55'%
79'%
103
2013
registered^
Mich Cent
3'As
River
*87%
Q-F
.
94%
'
Q-A
2047
69%
72%
116
65%
105
—1998
coll gold 3'As
Jan 2047
91
65>%
ft ft .103
—1952
registered
77
2-- ft •'
72%
impt 5s series C—
•90%
78%
18
F-A
1954
A.
90%
Q-J
65
50
66
26
deposit
series
Q-J
.
1997
ft
65%
85
70
108%
.■■:'/4'/ft
,;ft94%
60
A-O
_1956
secured 3'As—
Lake Shore
New
4s
...1997
67 7%
79'%
105% 105% 1
95%
—
impt 4'As series A
48
a—
108% 109
119
"ft 122%
1
•
Ref &
114%
109
100
70%
14. - ft-
96
*57
Newport & Cincinnati Bridge CoGeneral gtd 4%s___———
1945
N
A-O
■
2047
105 %
*
A
of
123
113
J-J
105
95
v
6
81
——
D
--'/ft ■;
J-J
•. 106%
116%
125%
0
deposit.
series
1945
6s series B
104% 104%
A-O
—1954
deposit
ACertificates
Alst
30-
*93%
j-j
———1956
of
/.
can¬
deposit
104%
deposit
C
series
5s
of
*115%
119%
1961
82
116
37
96
deposit———1—
B__
ACertificates
103%
ftft'/'
•ft
..
1946
103'/^ 105
•>2f_r/v
83%'
81
■■■j-d
tNew Orleans Texas & Mexico Ry-—
SANon-cuin inc 5s series A.
1935
ACertificates
*123
1st cons gold 5s
Guaranteed stpd cons 5s
Oregon-Wash RR & Nav 4s__
108'A
101'A
83%
125
A-O
,1955
••
.y-.'VCJSZ-.'
116%;;.
108% 109%
j-j
B
103;
28:;,V.
82%
A-O
series
68%
•13
82%
F-A
-I960
''•••
116% 117%
M-N
_1986
1st 4'As
Orleans Term
New
32%
83%
117
j-j
5s
M-S
Ore Short Line
'
j-d
1983
ref
&
1st
1974
IO5V2
1021a
M-S
132%
102 3 8
F-A
..._1974
124%
46
ft, 105%
/;/17:
103'A 103 %
j-j
—1952
Orl Pub
New
40
28
110%
21
-'-104% 104 %',.,-
"j-j
1st ref & imp 4'As„—1952
Ser 1st 5s series A—1952
N O & N E
49
34
112%
42
4
103%
*116
Orleans Great Nor 5s A
New
"
80
*100
J-D
1948
gtd 'St 4s
Light
85%
29%
-
•rr'rA- '•//'
"
2 MS
gtd 4'As series B
Pow
78%
-
—^1954
England RR gtd 5s__
AConsol gtd 4s
New England Tel & Tel 5s A.
N J Junction
80
1949
fANew
129% 130
F-A
2047
Oregon RR & Nav
51%
111%
107%
;
of
73
'
50%
6
■
F-A
Newark Consol Gas cons 5s
3
O-A
1949
Pacific Gas & El 4s series G
—il965
f ANaugatuck RR 1st gold 4s_
11 /ft
45
38%
J-j
Ontario
96%
35%
•
'
—1949
3s
83
39 »/4
38%
J-J
4s
100
59
109% 109%
*112
J-D
sinking fund debentures
National
83
37'%
2047
Oklahoma
107%
89 ft
99%
90
•
1960
3'AS-—-
82
2047
1st mtge
113%
103%
.
IJ Sv'V
46% '
45
1978
Prod 3%s debs—;
106
impt 5s series C
1st
1133/4
110
^ ,'%ft
•.
'V'v' \'C;.
M-N
-1947
& St L 4s series A
Dairy
112%
102%
impt 5s series D_
Pacific Coast
Nat
110%
108%
;V
O
N
Nash Chatt
108%
5
11
37%
1954
tSAOg & L Cham
105%
.111%
27
96
M-.V
1955
—1968
1st gtd 5s..
29
105'%
22%
59
65
45
16
,
M-N
—1955
Constr M 4,/aS series B——
Mountain States T & T 3'As
108% 108 34
105
—
90
8%
.
101
101%
1
112%
J-D
gtd 3lis——2000
5s series A
vJe .•/;•'
.
112%
iS
M
288
v-/-;.V:Sl09% 109%
F-A
59%
91%
105
M- N
&
19%
16
ft 109% *111 %
58
35"%
ft 38 ft/;
--
58'A
105
A-O
1951
Constr
36 s%
v;
ft/'"
403
—
101%
58
v
F-A
-1965
ext
9
J-J
v
Ry 1st gold 4s_1996
1st & ref mtge 3%s
1st mtge 3%s
Northwestern Teleg 4%s ext
ft
(John) & Co 3s.debs——1958
Morrell
if
*101
•M-S
1960
Montana
57
——
55%
—
1966
—
83
'
gtd gold 4s___1991
mtge 4%s
debentures."
6s
1
A-O
1961
guarantee).—
Ohio Edison 1st
3'As series B
84%
59%
F-A
19%
9
15%
A-O
45%
12
20
18%
108%
A-O
if-N
(Minn)
58%
488
1834
M-S
(Wise)
59%
35%
12%
'
ft/ J-J ft'/ .1
1998
impt 4%s series A
Northern
59%
11%
58
July 1938
Monongahela W Penr. Pub Serv—
:
27%
58
57
deposit---^-..^
15 AMissouri Pacific Ry—
3rd 7s extended at 4%
1st
11
35%
35%
n%
—
Moh'k & Malone
# 646
'
ref 5s series I———1981
-
1,424
57%
10
Hi§h
31 Va
ft
__
110% 110%
M-N
2014
registered
impt
14%
Ref &
59%
M-N
of deposit
gold 5lis—
—1949
Alst & ref gold 5s series H—J1980
ACertificates of deposit-
of
25%
A
gold 5s (stamped
of
Low
60
84%
9'%
J-J
1946
35
*12'%
9%
—
Range Since
January 1
NO.
Ref Sz
59%
35%
M-~N
—1978
ACertificates
ACertificates
series
Gen lien ry & Id gold 3s
3s
353/4
57%
AConv
Alst &
ft' 135
ft# 2
56%
4%s
Northern Pacific prior lien 4s
4s registered..
52%
Ref &
57
.
56%
—-
deposit
series
mtge 4%s
Ref &
\-',AGeneval:4^——..—i_-i.'—1975:.
1st
Bonds
/ Sold
High
Ry Co-r-
ACertificates
^Missouri Pacific RR Co—.
Alst
Southern
Alst mtge
cellation
100
Missouri-Kansas-Texas RR—
Prior lien
:
1967
North Central gen & ref 5s
Gen & ref 4%s series A
^Northern Ohio Ry—
40% v 63
47
50%
71%
99%
J-D
3%
71%
Friday's
34
F-A
F-.4
1943
B
Debenture 33/4s.
31 %
28%
/
or
Sale Price Bid & Asked
j-j
ft
1940
North Amer Co deb 3%s
6%
3%
1937
1937
AGen mtge 5s-conv inc
*§ANorfolk Southern RR 5s A
30
27%
J-J
.—1990
28%
27%
J-J
__1959
5s
Mo Kansas & Texas 1st 4s
30%
8%
6»/b
M-3
:^--li»^-w__1949
Alst & ref 5%s series B
9%
5%
27%
j-j
j-j
ref 6s series A__
Norfolk
7'/4 V
J-J
8 A 1st stamped 5s gtd as to int—1938
A 1st
&
65
412'
J-J
Week's Range
Last
Period
gold 5s
Norfolk & Western
1938
;
8'/4
Q -f
Interest
Niagara Falls Power 3%s
1966
Niag Lack & Ont Pow 1st 5s A
1955
Niagara Share iMd) deb 5%s
..1950
57
110
1st
Telephone 3%s series
f § AN Y West & Bost
66
27%
61
'30%
N Y
83
38
12
72%
25%
A Terminal
63
-65
; 33
ft'
52
—
29 >/2
49'/2
13
66
#"
52
M-N
IMlnn St Paul & Sault: Ste Marie,:'
§ A 1st cons 4s stamped
..'1938
consol
61
78
104% ,1093/4
ft 2
Friday
Exchange
Sept. 24
*3 AN Y Susq & W 1st ref 5s
§A2d gold 4%s_—
§AGeneral gold 5s
101%
57%
'ft 7
83.'
*
J-J
7
§ A 1st
66
M-S
series A—1962
13
55
,81
j-d
t A Minn & St Louis 5s ctfs—.— 1934
A 1st & ref
gold 4s
—1949
ARef
55
J-D
tAMilw Spar & N W 1st gtd 4s——1947
t§AMilw & State Line 1st 3%s
1941
ft,
75
.
Stock
Ended
Low
ft 92%
97
104% 104%
A-O
78
ft 8
—
74
M-S
1940
91%
>100%
J-J
.
ISA Midland of N J 1st ext 5s
91%
M-N
Week
High
Michigan Central—
Jack
New York
JJanuary 1
'
Low
1263
*114
114
123'A
10
100
'107%
102'A 102'A
1
95
1033/a
102 7%
102'% 1027%
9
98%
103'A
103
102% 103
106% 107
1063A
19
98% .103%
-
..1993
A-O
-1965
see
page
1264.
M-N
J-J
-1963
footnotes
17
41%
58%
Pitts Va
&
Char
1st 4s
gtd
1943
•>
M-N
,
_
106
'
-1958
For
52%
J-J
110'J/8 1103/4
*10434 108
108'A
107%' 108%
--
9
Pitts & W Va 1st '4%s series A__„1958
110 ft.
27
:.. -
■
•
111%
105
108%
1st mtge 4%s series B_.
1959
1063A
1093/4
1st mtge 4'%s series C_i
.—1960
20
55
a-o
59
59
12
53%;
63%
A-O
583A
59
16
5334
64
J-D
*
,
58%
57%
59
(
64
THE COMMERCIAL &
[264
FINANCIAL CHRONICLE
Monday, September 27, 1943
'
L r.V,
YYVYYYYY.':
"''•BONDS
Last
or
5s series B
gen
5s series C
1st 4%s series D
1st
gen
1st 4%s
1st 5s extended to
Potomac El Pwr 1st M 3%s
1st mortgage 3Vis
Pressed Steel Car deb 5s
Portland Gen Elec
1957
1956
1968
3s
1972
5s—
2037
8s.
—..-—2037
Nor 111 3 Vis
1968
107%
;Y
1st gold 5s
Texas & Pacific
123
-.2000
Si
ref
5s series
B
ref 5s series
C
1979
&
ref
D
series
5s
Third
:
110
AAdj income 5s
/■
95%
100% 100 Vi
l663/4
YY is
23
Y 67%
H
67%
85%
1033/4
110 Va
Tol
j
20%
Toronto
Ham
91
93 %
Trenton
Gas &
'109% 111%
110
112%
'107%
103%
M-S
-v..
J-J
A-O
Y.
Y 69%
71%
42
62%
76
32
32
323/4
114
213/4
37%
98%
98%
17
100% 101%
12
--
,81
.81%
:
81%
*109% 112
Buff
98%
J-D
1950
100%
A-O
7
46
16%
92
&
1st gold 4s._1946
,s
Public
ref mtge
1st &
1st
&
ref
1st
St
ret mtge
mtge
of
Public Service
M-N
3-J
*148%,
110
4
__
145 %
1st gold 5s
Elec
87%
100%
91
101%
100%
J-D
~
102% ''
41
1953
M-S
J-J
1971
M-N
A-O
*13%
1959
F-A
1967
J-J
103% 103%
land
grant 4s
34-year 3%s deb
1947
1970
108% 108%
35-year 3%s deb
1971
J-J
A-O
M-N
Ref
3Vis series A
198U
United Biscuit 3%s debs.
1071/a
1103/a
104% 105
106
106
117
1053/4
110% 112
..1945
112%
—
106
112%
222%
109%
w
110
116 %
*116% 116%
5s conv deb A
Tri-Cont Corp
1949'
•
149%
220
—
*222%
110
A-0
'•
*102%.
108
16
92
16%
92
M-S
J-J
88%
85%/./'
81%
1st 4s
Louis & West
St
68
J-D
Ohio Cent ref Si impt 33/4s__1960
Tol &
115'/a
12
82%
82%
813%
81%
-
'110%
100 Vi
High
1964
Ry 1st ref 4s
Ave
L010
101%
k
115%
115
.
'
January 1
No.
v
A-O
Tex Pac Mo Pac Ter 5%s A
107 %
1083/4
'106%
■'109'/a 111
A-O
Range Since
Sold
High
1960
Jan 1960
100%
90;,::
Bonds
Friday's
1980
106
106
99Vi
or
115%
J-D
1977
&
Gen
98%
Gen
Gen
99
Week's Range
Last
Low
109
__
...
Sale Price Bid & Asked
High
118%
108
'120'/a
M-N
■
Low
No.
t,
Union Electric Co of Mo 3%s
t A Providence
}■
J-D
F-A
J-D
J-D
M-S
J-J
J-J
F-A
J-J
Securities 4s
Terminal 4s
Service El & Gas 3%s
t A Providence
January 1
High
Friday
*
New.-York. ..Stock: Exchange:/ Y//YYInterest
Week Ended Sept. 34
"
Period
Range Since
Sold
Sale Price Bid & Asked
*
1st
A—1948
1962
1974
1977
1960
1950
1966
1977
1951
& Ash 1st 4s ser
Pitts Young
Bonds
Friday's
Low
YYt/YV:,,/ Y„,
BONDS
ttrra s itaitgc
Fridaj
W*r:
Interest
Period
Stock Exchange
Week Ended Sept. 24
New York
;
BOND RECORD
NEW YORK
U
•;••' ;
'
tfAUnion Elec Ry
R
(Chic) 5s_
Calif 3s deb
Oil of
Union
debentures.,
3s
■•.
15%
14%
9%
103
105%
2
1003/4
104%
40
107%
<YrilfY
1951
deb 3Vis
1956
Republic Steel Corp 4Vis series B..1961
Purchase money 1st M conv 5 Vis 1954
Gen mtge 4Vis series'C
—1956
Revere Copper & Brasg 3 Vis—2——1960
J-J
F-A
Gen &
ref 4%s series B
Remington Rand
4s._1939
1949
19
102%
1053/4
105%
104%
104%
105%
47
102%
*115%
79 Vi
223
48%
27
_.
*110
109
83%
50
105%
97%
104%
J-D
110% 110%
34
106 Vz
110%
..1955
A-O
108
6
105%
Cigar-Whelan Stores 5s_.__1952
1944
A-O
101% 101%
14
943/4
102%
98%
102
108%
1
11%
H
2d
t A St L Peor & N W 1st gtd
St L Pub Serv 1st mtge 5s
94
72%
72%
/Y'
77%
67
—
■
■
-.99%
20
91
84
5
73
•<84
19
■■
/
deposit
of
ACertificates
...—
>
tSt
&
A Gen
Paul & Duluth
St
Paul Union Depot
67
46%
44%
Y,':
44%
94
*20
■
—
45
*88 3/8
27%
;
26%
■
•
:
.1
•
Y
*126
?
4s
Tel 3 Vis
A
&
%
10-year
J-J
A-O
2234
Y
50%
San Fran
Terra
South Pac RR
Stamped
...
Southern Ry
Devel &
Devel
Si
1994
1956
1956
1956
1996
1951
1st cons gold 5s
4s series A
gen
6s
Devel Si gen 6Vis
Mem Div 1st gold 5s
St Louis Div 1st gold 4s
gen
Southwestern
1st
Si
Standard Oil N J deb 3s
debenture
Studebaker Corp conv deb 6s
& Coke
Coal
Iron
1st
103
106
123
34
130
J-J
A-O
A-O
J-J
J-J
28
49%
159
27%
50
A Ref
9
20
4%
25
23%
1st
cons
57
14 3/s
303%
Walworth Co
29%
Warren
M-S
*89%
1st gold 5S..1949
...1958
1966
;
103
108%
113%
114
110%
112
793/4
_.
104%
*109% 109%
F-A
911%
110
96%
92
*943/4
953/4
82%
83%
7
72%
86
110% 110%
J-J
A-O
Y
21
1083/»
111
W
RR
ref gtd
Washington Central Ry 1st 4s
29%
41
72
31
56%
22
22%
13
15%
21 %
693/4
.
*6
103% 103 3,4
4
102
West
55
1st
Y
103
104
105%
123%
"l
4
105%
109%
109%
104% 1041/4
3
103%
105%
883/a
Power 1st
164
65
M-S
M-N
M-N
64
63
62
613/4
62
61%
107
%
72%
90
68
87%
517
541/8
69%
64
155
55
377
53%
66
62%
331
52%
66
119
93 %
86%
96%
45
98
84%
85%
853/a
*__
&
76%
28%
25y8
28 Ve
••Y:
—
•
■:U
'■
*37%
Y-
'^Y:-
—
*102
YY::*Y
...
Y
97
102
Y
YY;Y.Y: Y" ~
104
J-D
109%
111
111
1st 4s
1S52
A-O
1977
J-J
1946
M-S
70
1946
M-S
69%
1950
M-N
1951
1960
1951
J-D
M-S
M-N
YY
Western
Union Teleg gold 4%s
gold
5s
5s
Westinghouse El 8i Mfg 2%s
West Shore 1st 4s guaranteed
—
120
87%
70%
82
85
92
89%
82
1063A
153
683/4
Pulp & Paper 3s.
•
81
98
J-J
1949
JAWisconsin Central 1st 4s_
ACertificates of deposit
{ASu & Du div & term 1st 4s___1936
ACertificates of deposit
Wisconsin Elec Power 3%s
1968
95
953/4
957/8
46
873/4
98%,;
98%
98%
45
92
101
84
100%
89%
M-N
,
92
84%
98%
27
95
94
102
69%
70%
68
363%
70%
69
70 3/4
256
36%
■70%
100%
85
84
99% 100
93
87
97
97%
108
83
102
102%
6
52%
54%
75
43
61
51%
51%
19
41%
56 V 2
102%
104%
109 %
HI Va
99% 100
Y
104% 104%
*111%
92%
..
92%
43
100% 1003/4
36
91%
Va
101%
100
98%
102%
93
88
67
66%
67%
183/8
,
17%
22
350
'195
101%
114%
*116%
100 Va
116%
47%
67%
47%
100%
J-J
I960
1st 4s_.
Winston-Salem S B
90
102
M-S
M-S
A-O
Wheeling Steel lst?3%s series B___1966
& Co 1st mortgage 3s
1958
112
HO3/* 112%
97
J-D
Wilson
110%
106 Y
99%
100
51%
1949
108%
98 V4
J-J
'
/
■
53
1954
Wheeling & Lake Erie RR 4s
98%
102
2361
Registered
5
12
120%
89%
89%
■YY'-- ;
J-J
..2361
Ill YYH
111% 111%
5%s series A
Maryland
ref
:YY
109% 110
M-S
J-J
—
119%
*120'%
J-D
981/4
45
88
3
■:• ••/
103
'104
_
91
8
,
40%
97
.
31 /r
96% /
96
96
F-A
*28%
95%
96%
1966
JAWestern Pacific 1st 5s ser A
A 5s assented..........
West Va
100 3/s
105% 1953/4
75%
763/4
105%
30
26%
68%
62%
100% 100%
97
31
27%
*26%
F-A
.1963
5s E
mtge 3%s series I
25-year
89
63%
*84
100%
.26%
*28%
Q-M
107
123
30
_
108% 108%
108%
*29%
A-O
1950
1967
mtge 3%s
Penn
Western
108% 108%
108%
60%
49%
A-O
105%
101%
1st
106% 106%
*123
Gen
102
99%
40
1033/4 1041/s
29%
98%
101%
461
1063/a
17 Si
2
29
21 %
stpd gtd
Westchester Ltg 5s
100
44
34
59%
48
30
100% 1003/4
1033/4
y
83%
32
156
57%
47%
F-A
Washington Term 1st gtd 3%s.___1945
1st 40-year guaranteed 4s
1945
*101
■
M-S
1948
30%
■—Y-
;
143
98'/<
-
59
F-A
15
v"j.
973/4
98
47%
Apr
Apr
1955
Y 14
/';Y-'Y
Y
J-J
gold 3%s__2000
1st mtge 4s
1st
174
100%
;Kt'
A-O
1,092
y/v
110%
M-S
1971
1981
1991,
27%
64%
65
26%
143/4
15%
23%
...
103%
_.
102
$ *99 % 100%
jj
101 % 102%
111%
111% 111%
21
111%
1
106
1
107%
41%
1
102%
"
J-J
r
M-S
M-N
110
112Va
107
108%
70
101%
103%
79
95%
IOIVB
110
111%
3
1971
110%
108% 108%
110
108'/a
111% 111%
3%s
Wisconsin Public Service
A-O
r
112%
107% 107%
> •.
Apr
F-A
52
104%
51
52
104% 104%
54
•
104%
16
j-j
Youngstown Sheet & Tube—
Conv deb 4s
104%
M-N
103 %
106 Vi
f-a
,.1953
_l965
m-m
j-j
j-j
93
105%
110%
113%
1
103 3/2
105
30
94
106%
1063/8 l06'/a
89
a
Deferred
'/
100
•'
100%
In the year's range,
d Ex-Interest, e Odd-lot sale
Under-the-rule sale not Included in the year's range.
rCash
delivery sale not Included
in the year's range.'
n
year's range.
tThe price represented Is
Accrued interest payable at the exchange rate
^Negotiability Impaired by maturity.
pound unit of bonds.
as being In bankruptcy, receivership, or
securities assumed by such companies.
tdompanles reported
the Bankruptcy Act,
or
105%
106%
29
1053/a
107
•Friday's bid and asked prices; no sales being
ABonds selling flat.
not
sale
•
94
12
106% 106%
a-o
125
103%
1043/4 104%
f-a
120
3
*103 % 104
112% 112%
102% 103
1033/4
"3
j_j
1944
102%
100%
106%
102%
1
1960
;
111%
1033/4
1033/a 1033/a
101 Vi
►105% 106%
•105
1948
.
f 3%s series D_.
107%
1053/4
*105% 105%
J-J
M-N
1041/8
14
105% 105%
J-D
1951
5s_.
gold 4s
Y
Y'",YY' ■'
28%
107%
1959
debentures
111% 111%
25%
M-N
Kef & impt mtge 3%s
series b..1974
Texarkana & Ft Smith 5 Vis a
1950
Texas Company 3s deb
3s
*113%
5%s A...1975
1976
1978
5s series D
1980
& gen
13%
Y
83
21%
•
f
108%
*108%'..
M-N
M-S
•
4%s series C
not Included In the
Tenn Coal Iron & rr
gen 53
101%
14
M-S
J-J
j-j
3-J
A-O
Y. A-O
A-O
Y
J-J
J-J
Y
102%
97%
F-A
inc 4%s ser B
47
88 3%
A-O
97%
1957
series A
46%
J-D
J-J
93%
17
70
98%
126 Va
38
J-J
F-A
16
99%
97%
98
1968
1955
26%
22%
;
102%
Y 98%
102% 103
97%
F-A
1944
mtge 4s inc series A
A Gen
Included
s
A-O
5s
cons
AGen mtge
J-J
1945
.1950
1961
Swift St Co 2%8 debs
refund
A-O
f 4s series B
1st mtge 4s
J-D
.—1961
1953
Superior Oil 3 Vis debs
Gen
1951
...1944
& Pwr 3%s series B
1st mtge s
Terminal Assn St l
103%
RR cons g 4s series A
s
104
101%
-
1972
Pub Serv 4s
ASpokane Internat 1st gold 4%s
2013
Stand Oil of Calif 2%s debs
..1966
2%
102
Wabash RR Co—
1964
1968
Bell Tel 3Vis B
ref 3s series C
Southwestern
*102% 1023/4
YYYYYY v.YYYYYY (t ■ YYQV■
24%
31
17
131
28%
21
F-A
1955
secured '33/«s
102
M-N
263/4
F-A
1st ref gtd 4s
Gold 4 Vis
101%
87%
85
v. •;••■
.
>20
21
Y^v;
F-A
1st 4s—_
Gold 4Vis
*102%
Light 1st 5s
ARef & gen
8 3/4
M-S
Aug 1949
1949
1977
1968
1969
1981
1946
1950
Gold 4 Vis
M-N
May 1 1955
44
.
•
M-S
1963
1962
1979
1947
(Oregon Lines) A
1 1954
Nov
44
__
A-O
—1964
registered
1st 4 Vis
1013/4
t A Wabash Ry ref & gen
A Ref gen 5s series B
'
•>«.
27%
93
'' v.
6 3,4
103% 1033%
.
Y 30
Y, 67
Y
*1033/4 104%
''
1950
coll)
Pac
*101% 102%
Virginian Ry 3%s series A
Southern Pacific Co—
(Cent
102 Va
M-N
,„L
30-year
4s
1013%
66%
64s/a
1952
debentures
3s
*101% 102%
97%
84
V
7 %
/•-••.
84
1961
1941
debentures
coll tr 7s
Southern Colo Power 6s
853/4
78 y4
1935
Skelly Oil 3s debentures
South Bell Tel &
94%
63
1935
1954
Socony-Vacuum Oil 3s debs
South & Nor Ala RR gtd 5s_
93
•*-■-
83 i/a
1933
debentures 4s
Co
M-N
253/4
f§ASilesian-Am Corp
Simmons
39%
F-A
1945
6s A ctfs
2%s sinking fund
•393/4
64%
.
Oil 2Vis debs
Union
193/4
A-O
1959
103
1 1953
Nov
Virginia Pub Serv 1st mtge 3%s__1972
Va & Southwest 1st gtd 5s
2003
193%
A-O
1950
1950
certificates.,
series B
A 6s
Shell
3-3
101%
May 1 1954
Power
Cons
Va
32
m-n
Oct 1949
1st gtd 4s
t § A Atl & Birm
t A Seaboard All Fla
38%
988
M-s
tSeaboard Air Line Ry—
gold 4s unstamped
gold stamped
Adjustment 5s
—
§ A Refunding 4s
ACertificates of deposit.
A 1st cons 6s series A
ACertificates of deposit
39%
20 Y
35%
J-J
1989
§A4s
20%
28
34%
F-A
1952
§ A 1st
286
38
36%
33%
A-O
1971
A
38%
37%
18%
33%
J-D
1st cons
Schenley Distillers 4s s f deb
Scioto V & N E 1st gtd 4s
29
3-J
1990
3Vis B
353/8
J-J
gold 4S.1968
IA St Paul E Gr Trk 1st 4Vis
1947
t§ASt P & K C Sh L gtd 4Vis
1941
St
-
*101% 102%
2.65s
Va Elec
33%
m-n
I
1989
1952
unifying 5s
ref gold 5s series A
870
"Y-34Y,
,
Nov 1989
bond ctfs—
4s inc
A 2d
8 A 1st term &
37%
>/'•/
deposit stpd
ACertificates of
Louis-Southwestern Ry—
1st 4s bond certificates
36%
37 %
37%
m-s
1978
4Vis series A—;
ACons M
•/,!
Y
j-j
—1950
lien 5s series B
102%
M-N
...
Vandalla
36%
34%
-
...
101%
100%
'
deposit
of
ACertificates
A Prior
1950
lien 4s A
*101%
75%
-
1 ASt L-San Fr pr
102
M-N
1 1952
94%
44
10
•
:
/■:••:■
34%
35%
j*j
1013/4
101%
95
78%
7
83%
y;y,/YY- /■•/;
101%
101
*101%
2.55s
Utah
Y
99% 100
'
m-s
j-j
93%
'
Y
Y;•
84
94%
933/4
-/
..
101 %
M-N
United Stockyards 4Vis w w
Utah Lt & Trac 1st & ref 5s
107%
55%
YY
94
...
j-j
1959
1955
Mt & P 5s stpd
St- L Rocky
107
94%
m-n
1948
5s
YYY 2
68
*60
a-o
1998
fSt Louis Iron Mtn & Southern—
AiRiv Si G Div 1st gold 4s——1933
ACertificates of deposit—
107
*63%
•''
3-J
*101%
*1013/4
May 1 1952
108
99
107
j-j
1947
1996
gold 6s
105% 106
105%
a-o
1986
1st gold 5s—
St Lawr & Adir
101%
M-N
...........—..May 11953,
2.60s
Saguenay Pwr Ltd 1st M 4Vis
St Jos & Grand Island 1st 4s
1013/4
101
M-N
—NOV
2.50s
5
101
*101% 101%
M-N
.....
2.45s
■
99%
*101% 1013/4
1 1950
2.40s
•>
99%
*99%
M-N
1 1949
Nov
2.35s
Y
Y
......May 1 1950
...
2.20s
;
108 r
'
__
M-N
1 1943
May 11949' " '
....
;._Nov
2.15s
143/4
15%
9%
13
...Nov
....
•.......
2.10s
38%
9
M-S
108
debentures
1.125s
109%
22
127
36%
104%
Steel Corp—
States
2.05a
109
13
97%
29
Serial
124%
__
*—
3
104%
United
Y
35
35%
,.
124%
*124%;,—',,
*111%
102
58%
109%
104
104
>Y
RR & Canal gen 4s
J
N
108%
104
mtge
United
U
106
823/4
45
46
M-S
Y M-S
.
M-S
M-S
M-S
i-J
1941
J-J
102
; 66
__
79%
105%
100
14
100% 100%
1053/4
101 Vi
&
1st
1053/4
101V,
105
1977
1967
1967
1969
1934
..1949
Union Pacific RR—
95%
63
93%
92%
105
A-O
4Vis series D
mtge 3%s series H
Gen mtge 3%s series I
Gen mtge 3 Vis series J
t§AR I Ark & Louis 1st 4Vis
t A Rut-Canadian 4s stpd
HARutland RR 4Vis stamped
Gen
951/4
-78
22
J-D
J-J
Roch Gas & El
56
99%
78%
71
93%
105% 105%
M-N
M-N
5s—1939
June 1st gtd
98%
93
93%
M-N
t§ ARio Grande West 1st gold
A 1st cons & coll trust 4s A
f§ ARio Grande
98
93 :
J-J
J-J'
4s
883/4
98%
A-O
1997
1997
Reading Co Jersey Cent coll
Gen & ref 4%s series A
the dollar quotation per 200of $4.8484.
-
reorganized under Section 77
transacted during current
week.
of
Volume 158,
THE COMMERCIAL. & FINANCIAL CHRONICLE
Number, 4215
1265
rr<VtV':■&
ItlSI
NEW' YORK CURB .EXCHANGE Still#®
WEEKLY
NOTICE—Cash
In
footnote
a
and
deferred
the
week
in
in
In the following
AND
YEARLY
RECORD
delivery sales arp disregarded In the week's range unless they are the only transactions of the week,
which they occur.
No account Is taken of such sales In computing the range for the year.
extensive list
furnish
we
complete record of the transactions
a
and
when
selling outside the regular weekly
range
shown
are
the New York Curb
on
Exchange for the week beginning on Saturday,
is compiled entirely from the daily Teports of the Curb
Exchange itself, and is intended
to include every security, whether stock or bond, in which any dealings have occurred
during the current year.
ttl®;i:
Sept.
SI
18
It
New
the
Wire
Ended Sept.
|ItS:S':
Par
10
common..
Supply Mfg class A
25
(Sept. 24,
Week's
Friday
Last
■■
Low.
STOCKS
New
Range Since January 1
Low
25
17
July
B
.
Aug
7%.
8
5%
Jan,
9
7%
200
5
Jan
Air
Mfg common
Associates
Aircraft
3
3%
700
2% % 2%
200
1% Feb
1% Jan ?
Investors
Air
Warrants
't
__
1
Corp
50c
2
common
Convertible
4%
—
5
Inc.(NJ)
Accessories
•
preferred—
4%
r
—
400
;
■
2,200
.
—
A
4
—
32
Electric
Great
Appliance
2%
Alabama Power Co $7
$6
——50
preferred
Jan,:
11,000
Allegheny Ludlum Steel—
7% preferred
Alles
Fisher
&
Allied
Inc
91
72
Jan
70
102
Jan
114
10
Jan
105
91%
1
common—
pfd
25
Apr
150
24
Jun
28% Mar
225
26
46
Apr
82% July
50
23
Jan
28 % May
6
Jan
23%
Jun
29
Class
9
-
Jan
2%
Jan
9
Apr
1%
500
%
Jan
2
Mar
23'%
4.400
11%
Jan
10%
1,300
7%
Jan
3% V 3%
3,200
3
Sep
""
22%
.25
10
11%
4,300
%.
22'/a
6
1%
71
12%
12'A
2%
A
conv
25
common
25%
25%
,
Mar
Aluminum Co common—111%
110% 112
2,450
104% Aug
128
I
110% 111%
1,150
106%
preferred—:
Goods Mfg
Aluminum
100
.
Industries
Aluminium
1
Ltd
American
Book
American
Box
■
10%
90
100
11
^ ■A. 600
88
—
•
18
93%
~i%
1
common
100
Board
Co
29%
28%; 29%
1
common
7%
Mfg———.——1
'
>.*
1%
6%
Apr
dep
rets
11
Sep
Jan
120
Mar
British
108
Mar
Brown Fence
Jan
540
20% Jan
4% Jan
100
•
'
2 %
5% Jan
33
Amer dep
July
Mar
,
$6
£1
17
_£1
reg—
17
Cities
Convertible
S
Class
&
Power
class
A
25
•
Class B
Cyanamid
Class B
class A—
37%
34
32%
34
American
Fork
American
Gas
2%
Hoe
&
16%
•
Corp
-
American
20
Preferred
Co
1%
Jan
preferred
•
12%
13
2,100
11%
Sep
Forman Distillers
1
11%
11%
600
1%
2,900
ft
100
14 %
(unassented)..
*
Potash
American
514
700
3%
Jan
35%
175
Chemical
6% July
Jan
36%
42 %
Jan
23%
20%
Jan
13
Jan
iy%
25%
Feb
26%
19%
1,700
26%
200
35
50
28
July
25%
8,400
26%
300
51
51
10%
11%
1%
25%
—
2
.11
11%
3%
—
75
'"W
Voting
Cables
Jan
1st
Jan
88
45
Jan
Jan
26%
$6
13% July
5 % May
Jan
2%
Jan
ft
%
7,900
•
101%
101% 101%
125
Thread
American
Writing
Anchor
*
5%
American
preferred
Paper
Fence
Post
Apex-Elec Mfg Co common
Appalachian Elec Pwr 414%
Callite
Arkansas Natural
Gas common—
class
Common
A
Arkansas Power & Light $7
Aro
Equipment Corp
Oil
&
Electric
Associated
American
of
2
1%
300
8%
Jan
180
97%
Jan
3%
4
10%
Atlanta
Birm
Atlanta Gas
Atlantic
Coast
&
Atlantic
Coast
Atlantic
Atlas Corp
Line
Co
88%
Apr
1,300
8%
Sep
10% Aug
8%
100
5%
Jan
10
6%
2,300
4%
Jan
17%
100
' July
17% Sep
Jun
7
12% Jan
7
ft
ft
2%
%
1%
Feb
6%
6%
32%
32
5,100
625
1%
41%
5
Corp
•
Automatic
Products
1
Automatic
Voting
*
Machine
& Sons common
2
6%
23
80
May
111%
Jan
6%
Sep
.
—
Jan
40 % May
Jan
8'/a July
2% July
Jan
8%
2,900
200
%
6
Apr
1,600
15%
4%
400
2%
Jan
5% July
4%
.
4%
100
3%
Jan
6
Jun
4%
Jan
11
9
9%
900
Feb
23% July
16%
25
Collieries
Sep
■:4%
—
.
6%
23
22%
5
6%
28%
May
4% Jan
warrants
Plywcod
3% Jan
Jun
16
2*/2
Feb
108% Aug
614
8
Feb
50
1
Drop Forge common
Apr
100
,
69%
50
Corp
preferred
Ayrshire Patoka
1 8% Jan
Jun
10
2%
1
Atlas
(BF)
Jan
10% July
99% Sep
Co
Atlas
Avery
1,900
3%
17%
•
Fisheries—
Rayon
6%
pfd—100
preferred——100
Light 6%
Coast
5% Jun
1%
/
A
RR
Aug
1% Jan
6,900
£1
class
Jun
6
6%
Industries—
Tel
&
Jan
8%
1
•
dep rects reg
Tel
2%
15%
111
3,700
98
9%
Associated Laundries of America——*
Associated
Sep
May
4%
10%
98
5
Co
Canada
5
4%
'
9%
9%
May
5%
Jan
13%
4
Jan
400
4
—2.50
new
Refining
Associated Breweries
400
1%
4
preferred.*
Metal Works common..
Art
Ashland
3
•
10
July
17% July
Jan
_•
non-voting
preferred
6%
II May
Jan
2%
13
__
1
6%
6%
6%
800
Jan
23
July
Sep
5%
Jan
8
Jun
Fire
Canada
Purchase
7%
for
warants
&
$1.20
Basic
Co
Stainless
Barium
Barlow
7%
A
common
Beaunj;
$1.50
Mills
Inc
Bell
Class
Inc
Blue
$3
optional
For
commonj
•
Jan
29%
Jan
Jan
6%
300
3%
2%
15,300
%
,;
44
1
com—*
—
common
1
2,700
I
44%
210
14
14
14
500
Jun
~2% ~3
__
136
-
35
-
t 200
136
10
35
%
""%
7
May
100
Jan
Jan
4
Jan
16
Apr
14
July
6% July
1% May
Jan
45
Feb
6
7%
Jan
Sep
July
15% July
25
2% Aug
Jan
136
115%
July
5
Class B
77c
•
100,
,
Jan
%;ft
is
Jan
4% juiy
2% Feb
1.60C
5% Mar
'
non
Capital
City
Carman
$6
4,200
2 %
2%
4,600
•
45 %
46%
300
Corp
Castle
(A
3
50
May
July
7
Apr
Aug
Jan
6%
Apr
4%
5
Jan
6% July
2,000
22 % Aug
3%
M)
3
July
1%
1%
11
—•
A
1,200
H
9%
Jan
22
43%
43
43%
114
114
110
110
110
10
1
Elec
Central
5 7c
York
New
Ohio
Central
Power
A'rcraft
Chamberlin
Charis
&
South
&
Power
Steel
West
77o
Weather Strip
15%
Consolidated
800
2%
Jan
9%
400
6
Jan
10
July
114%
Jan
116
Aug
84%
Jan
7%
Jan
95%
96%
106
8,300
ft
Jan
1% May
2,300
6 %
Sep
10 % May
8%
6 7c
5 7c
50
81%
200
6%
50
6%
%
t
$3
$7
Consol G E
4% 7c
4 7c
5
Mar
3%
Jan
18 % May
88%
90
1,400
51%
Jan
98'A
Jan
11%
Jun
85%
Jan
96%
Jun
97%
Sep
48
10
76
8%
10
7%
19,
1
7%
100
A
19
6%
32%
34
14
14%
1,100
100
12%
12%
200
•
3%
3%
%
400
100
•
•
_j
Co
14
r
1
6%
~8%
8%
Arms—
25
9
3
3%
V
Jan
Jan
1,000
3%
Feb
1%
Jan
49
50;
58%
58
59%
Southern
3/64
3/64
16,500
25
21%
21%
to
Biscuit
series B
Gas
600
1
common
Co
A
21
Apr
10% July
4
July
55%
Feb
59%
Sep
1/64
t
100
10%
10
10%
Jan
7%
550
Jan
3*2
22
Mar
July
1%
Apr
11% July
% May
%
Apr
26%
Jan
27%
5%
117%
,
66%.
4%
67
Jan
Jun
300
2%
Jan
900
56%
Jan
67
July
111
Jan
121
Jun
103 %
4%
66%
Jan
110%
Jun
5
Jun
117% 117%
110
4%
2,300
100
1
Jan
Jan
14
3*a
1
•
Utilities
Jun
7% July
5
Sep
•
common
preferred
v
Jan
1
-
L P Bait
July
3% July
■
1946
Coke Secur
14
11 %
47%
1,030
warrants-
Apr
July
19% July
24
250
49
100
35
Jan
1%
6,000
5%
,
Mar
400
...
Jun
July
July
1 %
Mar
4
5%
warrants
Electric—
7%
2
8
"5%
ordinary
8
22
'
Jan
6
•
common
Feb
Jan
5% Apr
28% May
200
Jun
Sep
8% May
Jan
Jan
13
100
%
U
Aug
89
Apr
4%
200
26 %
J an
73
40
8%
4
...
Illuminating
preferred series C
Consolidated
% May
775
18,600
preferred
Consolidated
Jan
July
17%
£1
&
Jun
8
16%
8%
Corp
&
Sep
84%
16%
1
Utensil
Fire
Jan
15%
preferred
Co
Co
extended
&
800
105
Jan
%
5
4%
Airlines
Gas
7
Jan
64%
Sep
Sep
85%
10
preference
c
%
80
8%
9
14% Aug
15%
100
Development
Gas
Jan
100%
81
—1
preferred
Patent
Jan
9%
88%
Electric
Columbia
Jan
4'A
100 %
5
Mining
Colorado Fuel & Iron
Colt's
4%
100
125
13%
4
Neon
Colonial
700
9
7
7
13%
25
Co
Lights Inc...
Clayton & Lambert Mfg
Colon
Feb
%
7%
89
Coal
97% July
9% Mar
106
Apr
%
preferred
Plow
Feb
6%
Auto
Aluminum
102
100
July
4%
II
preferred
60c preferred B
$6 preferred BB
Clinchfield
760
Jun
8% July
Jun
6%
$6
Cleveland
96%
106
5
common
Controller
20
~3%
9%
10
Childs Co preferred
Claude
Jan
~3%
3%
Co__5
common
Chicago Rivet & Mach
Chief
13
100
1
Chesebrough Mfg
Chicago Flexible Shaft
Cities Service
Jan
~9%
18 %
50c
common
Cherry-Burrell
Feb
6%
"9%
100
Utilities
Jan
2,300
1
pfd
Co
Metal
Corp
pfd—100
Products
Light
Aug
Aug
7%
16%
preferred.100
Central
July
116
112
15%
•
com
49
Jan
Jan
10
.
&
Jan
106%
102
1
Co
Mar
23% May
7% Apr
7
1
America
Gas
Mar
38 %
200
•
July
2% May
13 %
5'/a Aug
•
of
145
Jan
175
1%
11
•
Central Maine Power 7%
Central
Aug
4% July
4'A Sep
Jan
345
common
&
Corp
Cessna
23
Z
Jan
•
Light $7 preferred
Co
Hudson
Conn
Jan
Jan
1%
1%
common
Central
July
j| Jan
3%
#1,300
•
Catalin
Jan
37%
200
6%
Co common—
(J W)
%
16% Mar
6%
Products
V
10% Jan
6%
5% '
•
Carter
Jan
Jan
6%
6%
.1.
class
Casco
Jan
3%
3%
preferred
Carrier
45
100
Apr
3% July
100
Carolina Power &
42
Apr
9% July
Apr
1%
•
Products
Co
&
Carnation
Jan
1 %
1%
Class B
Jan
13% July
Jan
ft Jan
25
Canadian Marconi
33
10
ft
300
voting
Commonwealth
Jun
100
%
Industries Ltd—
Community Public Service
Community Water Service
Compo Shoe Machinery—
6
%
100
preferred
Apr
600
14
1%
3%
31% May
1% Jun
'/ 8
—
Mar
-
5,000
13%
1%
3%
3%
13 % May
Apr
25
' J.
Jun
Jan
Alcohol—
Club
Apr
9% Mar
13%
97
9%
5
6%% pfd
Foundry Ltd—
preference..
3%
,-
%
8%
16% May
Jan
82
1,600
,?
—1
Cleveland Tractor common
~7% _7%
8%
250
%
Assn
voting
Canadian
35%
~7%
5,100
.
1
Corp
39% July
7% May
21% Mar
1
1269.
26
3%
•
page
5
1
& Mach Co
convertible preferred
see
4%
•
.
common
footnotes
2%
700
20
common
Ridge Corp
44
—1
common
(E W)
2,500
1%
100
preferred
Birdsboro Steel Fdy
Blauner's
6%
1%
,
9%
4%
10
Berkey & Gay Furniture
Bliss
Jan
l
_
common
Hedges
Blckfords Inc
37%
Jan
Mar
.10
Power
Industrial
A
Cockshutt
100
Ties
Tel of Canada..
Convertible
4%
38%
19%
•
convertible preferred
Aircraft common
&
2%
1
Bellanca
Benson
3,700
5
common
Brummel
6%
1
1st preferred
Beau
38%
1
;
23%
Mfg—
Refractories
(L)
common
Steel
Seelig
convertible
Baumann
4%
30
Rubber
15%
95%
11%
£1
Stamping
City & Suburban Homes
21%
14%
94%
11%
-
City
-
common
preferred
Baldwin
23%
10%
Feb
10
50c
pfd—
Insurance
Car &
Canadian
Clark
1•
lt;t*
May
Jan
6%
50c
Cement Co Ltd
Canadian
$6
B
Babcock & Wilcox Co,
May
17
'-It
new—S
Estate
Electric
Cities Service P & L
Baldwin Locomotive—
•
common
dep rets 57c
Tungsten
Camden
Jun
104
Jan
3%
1,200
109% 109%
1314
•
2%
400
5%
1%
—
pfd—100
3,400
3%
••T*
3
1
16%
3%
4%
2
Angostura-Wupperman
Jan
4%.
—
•
A Jan
60
15%
1514
5
common
I'
®
certificates...
Sugar
Caliion.ja
Sep
57%
5%
Calamba
May
1% July
Jan
400
Corp common—*.
preferred
series preferred
$6
2
Jan
7%
Wireless—
American
39% May
tl %
20%
trust
&
Participating
American Superpower
Jan
Jan
1,700
25c
common
St' Stt
:'
9%
•
•
-
Cable Electric Products
Apr
25
j,' 12,300
4
95%
-
Sep
80
%
14%
•
preferred
(PA)
9%
2.50
Burma Corp Am dep rets-.-.*—
Burry Biscuit Corp
12 %c
Butler
18
Apr
108% July
Jan
Jun
300
27
$3
July
Aug
13%
Inc
15
5
"
9%
25
■
Sullivan
&
15
Aug
4% Juiy
Power—
preferred;
Hill
15—
5% Aug
22
Jan Zl
5%
Aug
Sep
Sep
Jan
26%
35
1
•
common
July
28%
18%
V
„
10
Seal-Kap
Jun
29% July
112
150
18
26%
—
1814
—
•
&
Republics
American
Jan
1%
•
preferred
1st
Feb
Aug
80
«...
1%
1
common
•
Bunker
1%
22
5
Burco
17
100
Niagara & East
July
18
Jan;
1,000
pfd
$5
Jan
11%
3%
$1.60
July
17%
19% Jan
93%
18
1
American Meter Co
American
Jan
5,600
1,350
100
Maracaibo
45
12%
100
17
4%
Buffalo
47% July
3% May
33
18
25
25
100
Laundry Mach—
Light & Trac common
preferred
American Mfg Co common
6%
12
27%
—
25
—
150
Jan
110%
34
34
1
American
American
9,800
36% Apr
% Jan
5%
514
—1
$2.50 convertible preferredAmerican Hard Rubber Co
26%
109
109
common—10c
j $2 convertible preferred
1%
July
3% July
ft Jan
4,400
July
Z 700
17'A
•
•
Buckeye Pipe Line—
37
Jan
2,400
16%. 16%
26%
10
100'
General
15%
2%
>
1%
common
Electric
42
47%
2%
44.
45
Power warrants
&
1,400
15% Jan
37%
10
preferred
American
;
350
10
non-voting
American Foreign
4%%
.
36%
1
American
1
36%
18% July
3%
A„
(E L) Co common
Bruck Silk Mills Ltd
25
A
Jan
4%
Brown Rubber Co
Light—
4%
10s
reg
Power class
Wire common—
Bruce
American
33
'
rets ord
&
May
Jan
1
A
Brown
8% May
Jun
75
12% May
Ltd—
Columbia
Class
9%
ord
Celanese
Jan
A
1% Apr
jan
30 %
-
Co
dep rects ord bearer
Am
British
'6
300
7% May
Tobacco—
86
600
7%
6%
—
Jan
13% Jan
Oil
American
103% Jan
2,200
';V,
-—-100
Co
Central
American
18
•
common.;
common——
6%
preferred
American Beverage
111
•
American
Am
Sep
Aug
14%
British
115% July
18 .Sep
6%
Aluminum
Jan
44%
Sep
11%
119
10% Mar
A
British
--
22 %
-
ft Feb
75.
100
Jun
12% May
7% Mar
A
Sep
Jan
2,200
70%
12%
\
Jan
800
1%
100
common
~6%
6
Feb
23%
2
__
Class
%
61
A
1%
Co
•
22%
10%
B
Class
A
700
i0
„
Mfg
July
300
22%
22%
preferred
Brillo
May
'
9
%
7%
"3%
Preferred
77e
10
60
•200
8%
10%
Lgt & Pwr
common
class
15% July
11% July
Feb
7
7%
Aeronautical
Corp
Jan
1%
10
Bridgeport Gas Light Co
Bridgeport Oil Co
Apr
4
•
Corp
Brewster
July
July
110
—
25
%
6
3%
.
100
*
78%
25
common
Brazilian Traction
—
•
,,..600
78
•
Hi?*
•
8%
8%
1st preferred
2d preferred
$5
93 % May
II
-100
—
78
■
^
Range Since January 1
Low
13
8%
2
77c
3% July
40
.
8%
A--"
Shares
High
12%
Inc
Bowman-Biltmore
ft May
Jan
113% 113%
—
—
of Prices
Low
common
10
Brill
Intl Investing $3 conv
Products (Mich)
Allied
91
1%
104% 104'A
*
•
*
preferred
A
2%
3
Southern
Co
Sales
for Week
Range
& Co
C)
1st preferred
Breeze
Air-Way
Alabama
(S)
(H
Bourjois
3% July
35% Jun
1/64 Mar
4,700
32
7%
July
*
Week's
Last
Sale Price
.
27%
■
Friday
Exchange
Sept. 24
Borne Scrymser Co
•
.—10
—
Bohack
8% May
4% May
—
Curb
Ended
Pa
Blumenthal
Jun
7%
I
Ainsworth
24
21%
Apr
5 % May
.
York
Week
High
Feb
20
90
..'»••
•
-
Class
It
Sales
Shares
High
24
1
1943).
® 'or Week
Range
of Prices
Sale Price
24
:
Co
Friday
present
STOCKS
Curb Exchange
t ll^S'ltS:
Aero
ending
York
Week
Acme
and
"%
4%
ftftftft w..
;v,..
THE COMMERCIAL &
1266
Monday, September 27, 1943
FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
Week
vft T
Last
Curb Exchange
Ended Sept. 24
ftM'"'
Range
ft
for Week
Textile
Co—
Continental Gas & Electric Co—
Consol
2
prior preferred
Continental Roll & Steel
:
---•
•
•
—*
Range Co
Cornucopia Gold Mines—
Copper
& Reynolds
preferred A
Corroon
$6
1,200
8'A
Jan
200
36 Mt
Sep
C
400
4%
Jan
ft
A
3,200
3*3
Jan
A Apr
"l %
300
1%
~1%
Jan
Jan
5%
Jan
(Md)
Petrol
Cent
Crown
Crown
Cork International A
Crown
Drug Co common
Cuban
Atlantic
Tobacco
Curtis
Lighting
Inc
common.
(Mo)—
Curtis Mfg Co
~4%
■mm
—.—
37a
Jan
1 Mb
Jan
Jan
4%
Sep
4%
9'/4
6% Mar
9 V2
Sep
9 Va
2Mb
2 Mr
2'A
1,900
400
•
19 Mi
Jan
25 V2
Sep
Great. Northern
%
Jan
IV2
Apr
11
6
Feb
15 Va
Apr
11
Feb
22%
Jun
Gulf
3 V2
"l%
Feb
1%
Sep
3
July
Mar
10
Class
$6
8%
prior preferred
debenture
10
24Ms
33
Apr
100
3Vb
Jan
6
Aug
3
3
100
1%
Jan
4(4 Jun
63
63
10
~4
1%
5
Mich Stove Co
Detroit
Cq
common
class
Domestic
Industries
Dominion
A
com
Steel & Coal B
Duke Power Co
Duro Test Corp
Duval
class B
Hosiery
Durham
common
common
.
Sulphur.,,
Texas
'
\
'
'
Jan
900
400
500
14'/«
Jan
21 Ma
23 Ms
20
23 Ma
Sep
30% Mar
10% Mar
•
.6%
Hecla
Heller
"8%
12 Ms
Sep
8
1
I
Jan
97/b May
Horder's
5%
Sep
5 7/b
Sep
Hormel
21 Va
Jan
21 Ma
Jan
Horn
400
74
74
50
56%
Jan
78
28
28
50
24
Jan
31 Ms
72%
25
66
Jan
76
Apr
Jan
4
Mar
3
July-
j100
2Mb
■
.
—-
100
1Mb
Jan
200 ~
8
Jan
2 Ve
2 Vb
10
10
;•
1
-■;
10
,
9% July
7% Aug
''\v
Aug
ll7/a
Apr#
V-v. ,.vV. .v
Holophane
Co
>
;
••
ft,
:
'
-■
»
Gas & Fuel Assoc
East
common—_
"loo
.' 56%
100
prior preferred
preferred
4Va Vo
6%
12
& Co common
(Geo A)
C)
(A
Co
common
Horn
& Hardart Baking Co—
&
Hardart—1
1
preferred
Malleable
33%
56
56 %
150
33 Ms
34 VB
ii
Jan
59%
19% Jan
14-
525
38%
42
Eastern
States
•
Corp
Humble
£9—
Ligonier
t
$7
Bond
Electric
& Share
.
i.
5
•
•
375
10%
24 Va
;125
10%
Jan
29% July
36
60
31 Ma
Jan
42
1,200
2%
Jan
14 Ms
-•
*
14 Ms
78 Va
•
2d pfd A...
86%
84%
49
48
warrants
Option
&
43%
Jan
86%
Sep
Co
/
62
77/b
>•;
Feb
9
31
Sep
88
v
■
Jan
3,200
i7c
800
22%
Sep
July
12% May
,
1% July
Jan
31 Ms
40
Jan
1%
30%
Mar
6%
■
1%
97 Ms
Feb
29
—
...
..
9 Ma May
35
May
4%
4%
800
2%
Jan
5%
Jun
...50
34 Va
34 Ma
50
25 Ma
Jan
34 Va
Sep
1
15%
15%
400
Jan
17% May
1
4%
-1
7
lMs
Jan
3
7%
Jan
13
Jan
24
12 Vb
12 V2
800
17%
17%
18%
500
5%
5%
5%
100
Brewing
Fire
•
(Phila)
Association
Power
& Light
-10
70
•
$7 pre'erred
dep
rets
Motor of
Ford
_£1
ord reg
5
.1.;
-t
Apr
4
100
30
..
1% Jan
102
5
6%
57 Ms
Jan
70 Va July
81 '/a
Jan
104 Ms Aug
'■'
3%
1,400
21 Vb
20%
—
,
114
Sep
115 Vb July
4% Mar
100
6 V'4
Sep
Jan
7
17 Ma
48
'ft
Feb
25
Jun
42
Jan
50
May
Ma
May
2%
500
5
200
3 Ms
Jan
6
May
100
19 Ma
Jan
x33
V4 May
1%
Jan
;
30 Va
3 Ms
4
41%
42
7
ft Jan
2,900
V4
2%
IV4 Aug
150
6^8
1,000
31
Jan
Jan
Jan
6
Sep
4% May
46
July
7%
4(4 Jan
9
Apr
11 Va May
117 a May
Jan
9%
Jun
22 Ms
.ft".-
Jan
27% July
7 Ma
200
27
27
Jan
14% July
Jan
15%
Jun
May
24V2
Jun
11%
15 Ms
100
24%
24 Va
2,900
21
26
29
1,700
15%
Jan
6%
15 Ms
/ft ft
24"
•
/•.•.••!./•
2.
100
v.->
29
July
V1V4
.•2%
-
10
48 ;k
i
6 Vis
-
32 Vb July
• •■•
11%
Sep
25
29 Ma
3,000
Jan
17
V
11 Mi
10 Ms
10%
Jan
Sep
'Jun
34
Mar
4Va
3 Ma May
103 Mb Mar
105
Aug
Mar
17
4v4
i" 4
4Mb
-ft 6%
Apr
Apr
115(4
Aug
14%
Jan
20 V;
Jun
60
Jan
78
Apr.
3,500
%
1%
21%
"7%
Jan
200
' "
3 %
6 Mb
Apr
,
ft
8 % July
Jan
12
Apr
8
Jan
22%
Jun
1
1%
1
5% Mar
400
-
6 Mi
21 Ms
1%
--
27%
100
76%
73%
76'/2
Feb
250
17%
Vb
23 Mi
108 Va
'•'*.;
T "r
27
27
;
Jan
4%
Jun
3%
Jaa
9Va
Jun
5
Sep
1,100
ft
100
i
eo
2,200
5
'3%
4%
>
21,300
41%
24,500
13%
1,150
14%
7,800
6%r
12
14 Mb
13%
■
1
•
>
shares.^
ftv"-; ft-
6
Jan
May
15%
16% Jan
22
3
42
T% July
Jan
15% July
15% July
10
14%
400
9%
Jan
10%
100
9 Mb
Jan
10% July
Jan >
24
Aug
Sep
112
110 Ma
110'/a
10
91
Jan
33%
35 Mi
150
20
Feb
38% July
20 Vb
Jan
40
/
.
July
Vb
300
Vb
Jan
1% July
15%
Jan
38% July
86
86 Vb
500
69%
Feb ft
86%
Sep
15%
16
500
12 Me
Jan
16(a
Jun
2%
Jan
11'ft May
lMs
Jan
8M4
Jan
1(4
16
8
8
ft
3%
•
1
Vb
300
3%
600
8
Jl— //ft.
ft-
—
8%
9 Mb
500
19%
20%
11,400
19%
20 Mi
500
7%
8Mb
600
1V4
lMs
"ft
16%
250
42 Ma
16%
•
43
100
21 % July
Jan
14
6 Va
Jan
Ms Mar
Jan*
9%
Jan
32
12
7
July
ft
Jun
19 V4 July
45
Jan
2
Jun
1% May
ft Jan
7 Vis
July
21
900
2 Ms
Aug
3 Ma
3 Ma
200
Ma
9
%
700
1Mb
1%
3%
Jan
Feb
24%
Jun
lMi
Jan
4%
Apr
1,300
9
July
21%
2%
•
V'4
Feb
14%
l'/a
*
10% July
Jan
13%
3%
---
May
5
14V2 July
Aug
8
8,400
15 Ms
20 Vb
7%
-
700
V4
20
.
Jan
21
7 Va
Jan
10%
% Jan
2,800
Jun
Mar
16%,. Apr
ft July
2
July
Apr
Jun
Jun
1% Mar
Sep
9% Jan,
10%
35
—
A;
Sep
9%
1678
...
Italian Superpower
21% Sep
Jan
Air Chute
41%
Jan
141/4
—•••
•
•
*
_•
——
Jan
3
5% Mar
•
—:10
.....
Products
Jan
25
2,200
9%
40
'
ft;
13 Ms
shs__•
$1.75
Irving
1,400
Jan
107 Ms Mar
*
43
1,
•
Interstate Power $7 preferred
*
Investors Royalty—
1
—
Iron Fireman Mfg voting trust ctfs—•
—
Jun
Jan
20
5
:«
Va
4% May
*
~6 v*
——
coupon
preferred——
$3.50 rHor preferred
Interstate Home Equipment:—....
Interstate Hosiery Mills
July
July
3%
•
voting
B
10
£1
i
B
Class
Canada—
Class A non-voting
Class
Jan
.
'ft ft
9 Vb
International Safety Razor B
International Utility class A
Mar
425
70
69
100 Ms 101%
100 Vb
10
Ford Motor Co Ltd—
Am
5 Ma
.3'2
ftft/.
7
1
coupon—
Warrants
'
-
Metallurgical
Fedders Mfg Co
Florida
Mar
1,500
.
5
-.*
International Petroleum
10% Mar
Jan
3,800
2
1%
7%
400
8Mb
8
1
Engine & Airplane
Fansteel
36
-8
7
T :'
30 Va
Indianapolis P & L 5%% preferred.100
Indiana Service 6%. preferred
100
7%
preferred
100
Industrial Finance v t c common
1
7%
preferred.
4
100
Insurance Co of North America
10
International Cigar Machine
•
International Hydro Electric—
Preferred $3.50 series
50
International Industries Inc
1
International Metal Ihdustries A
•
International Minerals and Chemicals—
July
Jan
4% Jan
__
__
1"1
Aviation
Falstaff
July
Jan
2%
•
—50
—|
Ireland
July
2% May
Jan
32
600
8 Vb
85% July
140
27%
IV.
certificates—...
(Can)
Registered
Fairchild
127% Mar
regis.!
dep rets
International
Fairchild
6714 Mar
25
400
...
9 Ms May
Jan
'ft 7
600
200'
1
:
.
lVb
Inc common
Eversharp
Sep
5 Ms
/ /■
1-5
Equipment
Inc
Pipe Line common
Eureka
81
26
Equity Corp common
$3 convertible preferred
Esquire
425
34 Ms
4
£1
*
Registered
i
*
Imperial Tobacco of panada
5
Imperial Tobacco of ; Great Britain &
Am
'
—4
6% pfd— .100
*
Empire Power participating stock.
Derrick
Jan
■
—
Empire District Electric
Emsco
Jan
1
Electrographic Corp
Elgin National Watch Co
Emerson Electric Mfg—
ii' 82
34-/4
1
preferred
arrear
Zinc
Imperial Oil
Sep
Apr
2
200
50 Ms
1
14 Ms
12
42
7,700
86%
Ms
Jun
2,600
v
81
•
preferred
Power & Light
Dividend
Illinois
Apr
6(4
64,200
8 Ms
8
8%
;
x5%
•
$6
8V4 July
137 Va .137 Ms
ft
—
1
1
•
5
Power <r.o
Iowa
convertible
5%
July
24'/a
4%
14 Ms
5
common..
•
Electric
5%
Jan
Imperial Chemical Industries—
1
•
preferred
$5
30
Jan
35
'/'•••ww.
Jan
3 Mi
—
..•
——
Securities
1
Illinois
1% May
Jan
23 "Vb
•
.
•
$6
3%
800
6 V'4
.4
1st preferred
for
c
Jun
23%
•
••
Apr
300
8
•;/ 6%
—•
5
Corp
Fibre
Hummel-Ross
Hussmann
Apr
July
%
•
preferred series A
preferred series B
Eastern Sugar Associates—
$5 preferred v t c
Easy Washing Machine B
Economy Grocery Stores
26
Jan
20
Iron
July
Sep
27/a May
500
'
Eastern
29%
13 Vb May
Jan
Jan
4%
81
—
100
5
(Harvey) Inci
Oil & Refining
Hubbell
Huyler's common
7% Jan
2,200
17/B ft 2
11Mb
11 VB
—10
Aug
22 Ma
7Ms
•
•
1
*
*
Hygrade Food Products
Lead
July
4(4
56
IIIM4 114
5
•
Inc
Hydro-Electric
Picher
31
Jan
450
29%
4
.ft;
M
G
common
Horn
V
Eagle
Jun
Mar
V* May
Feb
2
v.-ft
Consolidated
Hollinger
Jun
72%
.
July
July
12%
Jan
1%
,
25
•
5
2.50
10
:
common
•■'v
5%
5%
40
108
4%.
•
4...
4
400
__
t
t
■
7
8
a3*
•
Heyden Chemical common
Hoe (R) & Co class A
Jun
5%
Jan
96
Apr
27.
29
8
50
25c
common.....
Hewitt Rubber
Jan
8
Jan
.4:
•
5
Henry Holt & Co participating A
9
" Jun
Jan
5Vi
10
__
10
I..
Co
3%
.
26%
100
,9 Ms
—
i.;
Corp.
Class A
8%
~5%
'
.
50
9 Ms
103 Ms .103 Ms
Sep
May
H
Paper*
Ligfit
Rubenstein
200
'
.
,
;
Sep
18 Va
5
Mining Co..
Helena
5%
V
;
4 Ms May
Jan
2
Jan
16%
■
Dept Stores cojmmon
convertible preferred...—
Hearn
10% Mar
'
.
10
•
•
1
•
Harris Co
Driver
%
1
3%
23 Va
..*
Draper Corp—
Apr
1% Mar
21 Va
11
*
•
25
Bridge Co Ltd
19 Ms
Mar
13
12%
-.ft.'.'ft;
Electric
Hazeltine
Apr
3 Ma
'
dnbeckmun
13
2 1Mb
le
21 Mi
1
1
common—I
Truck
Jan
%
-
Preferred
*
common
Divco-Twin
Dominion
200
Jan
Apr
3,500
29
25
Hartford Rayon voting trust ctfs
1
Harvard Brewing Co|
1
Hat Corp of America 3 non-vot com__l
Mar
5% July
79% Jun
18
10
preferred
Diamond Shoe
July
Jan
x8%
1,200
12
12
J
Co common
Feb
IV4
62 Ms
1
10
10
common
72
111
Jan
50
110
•
1
Steel Products
I'/c
63
;.*
Foundry
Detroit
De Vilbiss
Jan
150
6
17 Ms
"
20
Gray Iron
19 Va
31
Gasket & Mfg
Detroit
Jan
6
100
preferred
6%
Hartford
31
50
.
Derby Oil & Refining Corp com
A convertible preferred
Detroit
Hammermill
Jun
•
Co
22
1
17
■.
."
..
18% July
35
convertible
A
•.
Lamp
Jan
Aug
10 Va
11
..;
ft'"-
■
Jan
8Va
11%
Dejay Stores
Dennison Mfg class A common
•
15
700
Jan
July
lOVa Sep
51 Va July
•!
Hall
18
Jan
4M4
500
/""..ftftft
*
•
Gypsum Lime & Alabastine
.
17
17%
5
—•
.1
9B
Feb
common..25c
pfd
•
...
Darby Petroleum common
Davenport Hosiery Mills——
Dayton Rubber Mfg—,
Sep
Jan
31
.25
—
'
D
112
ft.'ft
• 4
Products
Mar
9
Jan
3,600
100
preferred.—i
$6
Apr
1%
50
1%
Sep
100 u.
'
ft.
—
Sep
43
4%
Utilities -$5.50
States
Jun
Jan
.45
IOV2
10
ft;
•
,
Papery....
Stores
Grocery
7,300
18
17%
17%
50
llVa
Ms
July
8%
.
31
89 Ms
157/b
5
Greenfield Tap & Die^
;
v
10
1
;
commori: stock
preferred^.—
1st
50
25 Ms
25 Ma
•
7%
11
Jan
Tea—
Non-voting
2,600
,
•
-
Pacific
&
200
2V4 May
76
112v
-
39 Vt« 39 Vt
•
—
Atlantic
Great
2'A Aug
Jan
Mfg. Co
Gray
111 Ma
1
Gorham
H May
4% July
3%
Aug
'
Jan
....50
preferred
Mfg commori
Grand Rapids Varnisli
Sep
10% July
200
4
4%
•'
mi
2%
5
*
2.50
0
common
Jan
1,500
"Ms
Ms
4
•
10
Sugar
Cuban
"Va
25
preferred
Crystal Oil Refining common
$6 preferred
convertible
""i
15%
21,100
2'/a Aug
.—1
-*
5
'—•
25c
;
30 Va
27%
29(4
Jan
ft
—
•
A_|.
:$3
Ms May
Ms Jan
52%
50
111,,
16
•
Mfg Co..-4
Gorham Inc class
July
May
100
42 V24 42 Ms
—ft.
J./ :
•
d_.
Consolidated Mines.
July
2
,
.ft.
•
preferred
Goldfield
Goodman
9
30 Vb
"8V4
•
$7
26% July
64
30
74
..ft.—ft:,
:
'
—,—*
3 Vb May
13%
300
23
22 Ma
*
Brewing Co
Jun
90 Ms
Jan
•
Godchaux Sugar* class A
Class
B
i
2% May
% Jan
1,100
2%
2Mb
2VB
5
Crowley Milner & Co
Apr
8;
79
60
<86
85 Ms
1
-1—
Gladding McBean & Co..
Glen Alden Coal
1.
Jun
10%
common.—
Co
73 Ms
,
ft../
42 V2
111
1
•
•
.
•
——*
Preferred
Gilchrist
82
Jan
103 Ma
74
—
(A C)
Gilbert
Apr
High
Jan
"ft
•
..
15% Mar
41
5%
—50
Liquidating Co
W
Croft
Sep
LOW
30
140
-
•
pfd A..100
i
Georgia Power $6 preferred
$5 preferred
1
Mar
12
60
.
preferred
preferred
$3
Sep
7% May
ft
preferred
Petroleum
Creole
Jan
10 Ms
receipts (ord reg)—£1
dep
Jan
9
36 %
6
common
convertible
5%
9 Ms
15 Vb
600
Courtaulds Ltd—
American
98%
,1.100
*
1
Petroleum
Cosden
Jan
76
270
98%
Range Since January!
<
High
58 V2
..■
& Rubber 6%
Water Gas & Electric common
Gen
9%
11%
convertible
$6
Shares
100
Service $6 preferred—*
Rayon
General Tire
Sep
4%
for Week
61
Co A: stock—,
•
General Shareholdings Corp com—1
General
10% May
11%
■U—
—50
*
1
Inc
Corox
2% May
Jan
11%
Varnish Co
prior preference
$3
Jan
Jan
3'A Aug
„
"9%
Cooper-Bessemer common
Cook Paint &
7,800
98
100
1
7%
Public
Low
Par
.
pfd
Outdoor Adv 6%
General
1 Mb
500
4%
General
5%
300
8%
3'/a
~4%
2
8%
■
Mar
107
Jan
107
10
•
—10c
Consolidated Royalty Oil
Consolidated Steel Corp—
3Vb Jan
1,100
6%
6%
■/ft}-ft
Sales
•
Range
of Prices
Sale Price
Sept. 24
7% July
41
Jan
31
275
38 Vi
38
Ended
Week's
Friday
Last
Curb Exchange
York
Week
High
Low
High
Low
'ft■
J-
New
1
Range Since January
Shares
of Prices
Sale Price
'ftv.PaT
Consolidated Mining & Smelt Ltd
5
Consolidated Retail Stores
1
8 %
preferred
100
STOCKS
Week's
Friday
STOCKS
York
New
Sales
1
Motor
Ford
of
dep
rets
Amer
France—
bearer
Co
Distilling..
Froedtert Grain & Malt;
tax
(Peter)
Franklin
Conv
Brewing
conv
ft
37
17%
19 V2
20 Mi
20%
19 Ma
9
400
Jan
,
;
f>':
58
58
;
.
25
ft
Jersey
6%
Mar
.
29
4-
Jan
'44
Apr
45
Jan
64
1 .V/-1
\':5 A
Aircraft Engine Co.
Co
Jeannette Glass Co__u—
22% July
15
'■
^
-
Jacobs
(F L)
Jacobs
Sep
Jan
19%
:'4
•
Aug
4% Mar
Jan/ft
11% Mar
500
11%
15
2%
1,850
11
•'
•
100
2%
>
;•
100
20%
*
...
50
37
19 Ms
—1
;
preferred
37
2%
.15
stock
convertible
4%
'
—1
common
preferred
participating
Fuller (Geo A) Co
$3
■
—1
Co
July
preferred
7%
Julian & Kokenge
-
.."
—
4%
'6-
1,800
6,100
V
6
July
3%
Sep
2%
Jan
6%
Jan
2% Jun
Jun
*
700
;.l
87''.
100
66
Jan
89
Aug
30
69 (4
Jan
97-
Aug
40
79
25
13%
2 Va
V186%
•
99 Va
'99;
19%
19%
2 Va
19%
;'
.' Jan.
Jan
102
19%
Aug
Sep
'';
v;
-
r.'1
—100
*
24;
,Co4——
V-
5%
'
^95^^.95%
v- -r4;
Central Pwr &.|Lt 5l/2% pfd—100
preferred——7.—
—
100
'•
•
-•
•::
.k
K
•
y
••
.,
Gatlneau
Power
Co
5%
preferred
:
Gellman Mfg Co common
General Alloys Co
Gen
Electric Co Ltd—
Amer
dep rets ord
5%
Fireproofing
Gas
For
&
Elec
footnotes
$6
see
I
•
II
~~
Jan
10
July
82% July
Jan
1
%
2%
Jan
1% May
Jun
£i
common.—
common
preferred
page
Elec 7%
Keith (Geo E) Co— "3
Kansas Gas ft
17o
1st
Kennedy's
preferred—L_
Inc
^
Ken-Rad Tube & Lamp
:
preferred series A
General
Gen
III.—
7% Mar
68%
—100
reg
General Finance Corp
100
j*
common
13%
100
9% Jan
1
3%
3%
600
2
Jan
7%
Feb
14%
100
xl3Vb
HIo
I_I_•
E__IIII*
1269.
13%
II
I
no
14%
109
110
70
90
Sep
Apr
13%
Sep
Ms May
8% July
4
16%
110
Apr
Sep
.;—100
s
A—^.4—.—-*
—
•I.'
'--A
May
40
.
11V4
'.'9
July
9
11%
Sep
800
6Va
Jan
100
5Va
Jan
14%
5%
'vT-9
"9
..
123
'20'4 Jan
i
•*
Kings Co Lighting 1% pfd B—.—.100
5% preferred D—
...100
Kingston
Products—4
1
Kirby Petroleum
1
Key Co common
115Ma Jan
preferred—100;
Sep
5%
Apr
Sep
45
2%
4 Ms
3
4Va
4 Ms.
July
50
Jun
32
•
Jan
38
Aug
Jun
600
1%
Jan
4
1,100
1%
Jan
5% July
.
Volume
Number 4215
158
THE COMMERCIAL & FINANCIAL CHRONICLE
STOCKS
New York
;i
Sept. 24
(D
Kleinert
Kress
(S H)
Kreuger
Week
Range Since January 1
High
Low
Friday
Curb
Ended
Exchange
Sept. 24
High
9
98
97%
Navarro
Apr
15%
Sep
Apt
10% Aug
Nebraska Power 17c preferred
Nehi Corp 1st pfd—
4 Va
Jan
10'
'
«...
98
Sep
700
•
100
Va
9%
9
Jarl
1,000
300
.
:
Feb
v
92
9 Va
Jan
July
Feb
10
102% July
Nelson
Oil
Co...
(Herman)
85
special preferred
Co
13 %
100
6%
10
6%
1,700
6%
1
Brewing
85
13%
100
10
69
85
July
;
12 V* Mar
4Va
$2
Haven
New Idea
Clock
Co*.
New
Lake Shore Mines Ltd
1
Co
28%
29%
180
14%
1
.
Lakey Foundry & Machine
Corp of Delaware.,
Lane Bryant 7% preferred
Lamson
Lane Wells
29%
100
13%
14%
7,200
2%
2%
200
20%
100
2
10
—
10
1,000
Apr
4%
Apr
6
"
Feb
11%
Jan
Mexico
&
Land
Arizona
B
21
21%
*
21%
75
19% May
21
Jun
Oil
Line
(Thos J)
Brothers
"7%
%
Inc..-
1
preferred
Land
16 Va May
Jan
9% May
iV
Jan
% May
24%
Jan
32% July
Jan >
12%
300
i'<r
30
10%
1,700
7%
31
11%
t
17%
Jan
"l%
1%
300
%
Jan
15%
15%
50
12%
Jan
8%
8%
2,800
6%
1%
1%
1,800
16
52%
925
49%
1,250
8Va
8,500
-
&
—
—
8%
•
100
preferred class B
,/>
51
51
'
100
Exploration
Louisiana Power & Light $6
Corp
Feb
4%
10.500
*
Long Island Lighting common
1'!o preferred class A
Lynch
IV2 July
12 Va
—
8,100
Va
5% Mar
5
Lone Star Gas Corp new common,;—10
Louisiana
8
•
10%
25
common,.
Locke Steel Chain
6;i»
——
—
7%
—
_5
Inc 6%
—
—
*
Material Co
Lipton
Lit
(R G)
"
'
—
—
25
:
Development
Le Tourneau
-»
Feb
% Mar
2%
'
——
-
■
*
.—
Lehigh Coal & Navigation
Leonard
'
-
1
"
48
7%
1
pfd
—
■
7%
*
Jun
24
Sep
2% May
16%
Jun
Jan
9%
Apr
Jan
2%
Apr
21%
Jan
55
20
Jan
52 % Aug
5 Va
Jan
103
mm —
5
common
Aug
9 Va July
110
Jan
18%
—
Jan
N
Y
N
Y
&
N
Y
Aug
29 Va May
M
N Y Power &
$6
Y
$5
Stores
1
preferred..
(The B) CO.
Mapes
Consolidated
Marconi
Mfg
—
2%
Jan
57'
—
_•
Marine
—
6%
'
11
■■
—
1
Jan
35
Jan
24
Aug
3%
Jan
6 V2 May
300
A
Jan
2
Apr
Jun
•
—
Va
%
•
7%
7%
300
4%
Jan
87/a
3 Va
3%
600
1%
Jan
4% May
10%
900
8
Jan
13% May
200
125
Dredging....
Mead Johnson
10
•
& Co
•
Stores
150
144%
39%
44
5%
CO
150
3%
•
common—....
■
-44
Memphis Natural Gas common.—.5
Mercantile
Chapman
&
Scott—.*...
Warrants
6 % 7c
A
.*
3%
700
.
•
Jan
2%
350
21
Xl50%
Sep
4'/a
Jun
Jan'..
44
Jan
j.
preferred
Textile
101
100
:
1
Corp
"•
3,500
'
Sep
;
/
■
101
Participating preferred
Metropolitan Edison $6 preferred
Michigan Bumper Corp
2,100
Michigan Steel, Tube
„
2.50
Middle
%
-
class A
38
Sep
111% July
Va Mar
Apr
4%
Jan
~>4
100
Jan
1% May
5Va Sep
4% Mar
7% Mar
5%
5%
5%
600
4%
4%
4%
300
7%
8%
2,400
1% :
1%
3,500
9
9%
5,900
5
:
9%
Jan
6%
Apr
x3%
Jan
6% July
8% Sep
%
Jan
2
4%
preferred..*
81
Jun
Jan
9'/a
Sep
Mar
9%
Feb
Niagara
$2 non-cum dividend
Co
Mid-West
common
shares...
•
Oil
Midwest
Piping
Mid-West
i
—
Public Service
Molybdenum
Corp
1st
5 7c
2d
Monogram
Pictures
Montgomery
Jan
35%
Apr
1%
Jan
2l%
Apr
6%
Jan
87/a
Jun
Ward A
2
1%
:
1!
600
567/8
625
Jan r
Jan
19
Mar
2% July
2Va Sep
•
Apr
50p
59% Mar
Jan
90
—
Jun
16%
106%
Jan
100
5%
Jan
Aug
8% July
8
Jan
12 Va July
Jan
13
3
15,500
17
2%
150
.
•
22
4
31
500
~2
~2
•
Jun
1% May
7% May
Apr
180
21% Jan
50
29
31
163-
70
22
July
21% May
Jan
:
1% Mar
5% Jan
169% 171%
—
112
16% Aug
1,000
\j-
170
«•
'4%
i'/
—_
•
23
20
Va
Jun
%
Producers—...—.—..
Mountain
States
Power
Mountain States Tel
V"
5c
Mountain
10.
...
5%.
.
•
1'—
100
129
common.
& Tel
Murray. Ohio Mfg Co
Muskegon Piston Ring
f.
2,400
5%
V/a
,
33% July
-
Jan
20
Aug
Jan
100
~f%v~7%
Mar
Jan
129
July
300
9t.
.10%
*
"2%
4%
4
20
«
Jan
4%
571
—100
6%
Apr
Jan
Apr,
15%
Jan
10%
optional
Class
B
optional
Nipissing
National
$3
City
:•
convertible
-
preferred
50c
common
Power
National
Refining
National
Rubber
National
Steel
National
Sugar Refining
Tea 5%% preferred
Tunnel
Union
For
;
"
11%
4
'
Jan
69% Mar
•
17%
Jun
Apr
■'
—
38%
12%
' 52
2,000
50
11%
4
—
350
Va
13,900
40
footnotes
see
page
1269.
S'A
Jan
Jan
25 f
May
I
Mar
18
15%
2
Sep
Jun
28% July
40'
Sep
12%
Sep
112
July
Feb
105
July
23
May
14%
Sep
50
102%
Jan
Jan
1%
Jan
"2%
3%
78%
22,000
54
1/64
3*2
2,500
102% 102%
•
10%
10%
Jan
Jan
8%
103% Feb
127/a Apr
Jan
8% May
5
~i% "1%
1%
Feb.
11 May
6 % May
91
10
1
:
A
iV Sep
3% Jan
'
3,700
10%
83% July
76% July
1/128 Jan
1,000
5%
v;
5%
100
6,200
Sep
58% May'
3% Jun ;
Jan
42
450
79
111%
9% July
2,200
%
Jan
l5/a May
3%
3%
200
3%
Jan
47/a
Light & Power common__l
preferred—
•
%
%
2,200
North Amer
$6
North American Rayon class A
Class B common
6 7o
•
Penn
RR
Texas Oil
preferred.
30%
22 %
700
30
200
Power
98
Sep
Jan
34
July
23%
Jan
34
July
51%
Feb
53
Mar
%
•
Feb
l3/a
4
Feb
6
Jun
82
Jan
104
Aug
102% Mar
110
Jun
Apr
50
67c
pfd.100
.
101% 102
—
30
100
...
States
29%
30
Jun
Va May
Jan
5
1
Co
Public Service
Novadel-Agene
52 %
950
98
50
Utility Securities
Central
29%
•
prior preferred
American
94%
94%
Jan
class A
25
"7 Va
6%
•
Corp
25%
1,300
4%
Jan
200
26
16%
Jan
8% May
27% May
O
Ogden Corp common
Ohio
Brass Co
Ohio
Edison
Public
6 7o
Va
Feb
54
July
8V2 Jan
2% Mar
12
Apr
44
90
87%
Jan
7%
2,300
600
3%
6%
Jan
10%
51
17%
18%
7
25
'
2,100
4% Sep
40:
102
7%
July
Ltd
Oliver
United
Securities
Jan
115 Va
Jan
xll5%
103 V* Mar
'
50
48
Jan
80
110
12
Feb
7
Jun
Jun
3%
Jan
"l
,'"'f
1
6%
6%
50
19%
Apr
55% July
'
•
117
May
.
8
Feb
8
Jun
7%
V
3% Jan
400
Sep
July
16% Aug
100
54%
Jun
112
Jan
18%
1
Pacific
Car.
Co
5%7c
1st
•
1st
pfd
preferred
Public
$1.30
13%
14%
35%
35%
36
800
31
Jan
32%
32%
200
28%
Jan
108%
90
102%
25
Pacific Lighting $5 preferred
Pacific Power & Light 17o pfd
Pacific
13%
25
common
Pacific Gas 61 Elec 67o
•
Service
preferred
/,
Page-Hersey Tubes common
Jun
Pen
...•
—
preferred
A
& Elec
17%
__
__
33%
33%
17%
$6
Penn
A
5
&
Light $7 preferred
Co
Penn
Sugar Prop
Penn
Traffic
5%
64%
64%
Penn
Water &
Pepperell
Perfect
!.
•:
Packing
Securities
Governor
Pierce
Gold
Pioneer
Pitney-Bowes
Pitts Eess
E
Ltd
65
Plate
Glass
50
Scale
Mining Co
Sugar
Pratt & Lambert
7
9% July
34
7%v
26%
200
4%
8%
Jan
8 Va
Jan
1%
6
Co
•
1
Prentice-Hall
•
Inc
common
Jun
July
30
& 13 % Jun
2%
Jan
'
Sep
77/'a Jun
Jan
42 Va
Jan
38
July
9%
Jan
6,400
Jun
34
31% Feb
75
7%
27%
-
Jun
93%
94
/
3%
3%
7
—
60%
3%
1,200
..
—
65% July
14% Jun
Jan
97 Va July
2%
1.900
95
Jan
84%
400
Jan
Jan
8%
59%
47%
10 Va
60%
Jan
4%
Junl
13% July
15
Sep
1% May
12% Mar
—
A i"an
1
—
—
—
1-A
—
1%
3,000
9%
5
Premier Gold Mining
34%
Jan
1,600
•
July
Sep
Sep
Jan
Jan
3.300
5
July
69
125
4
7%
Alexander
3
Jan
5
2A
of Canada
Jun
900
7
&
%
2,700
2 A
Power Corp
Sep
July
6%
34
26 %
25c
common
100
173
9%
7
10
Sep
Jan
6
__
7.50
common
Sep
Apr
8%
2%
1
common
Sep
Jan
104
21%
__
25
Valley Wine Co
105
Aug
Jan
51%
250
10
Inc
Jan
2% Jun
__
8%
50
Metallurgical
1%
% Mar
—
•
Pittsburgh & Lake Erie
39
76
50
Pittsburgh
Pittsburgh
65
Jan
Jan
150
1
Meter
Jan
%
•
RR
Sep
Sep
175
63%
__
•
Postage
5%
290
122% 124
63%
1
common
Apr
Jan
165
__
25
common
Mines
& L
pfd
Co
32%
103
__
1
Phillips
Aug
74%
•
common
19%" July
37
44
__
Pharis Tire & Rubber
Apr
Aug
33%
100
41,900
•
Philadelphia Co
24
Jan
163
__
100
Co
Jan
Jan
102
102%
•
Co
Circle
•
__2.50
Power Co
Mfg
July
9% July
6%
27%
20
common
86
Jan
3%
25
{J
__
50
Co
Jan
Sep
28%
*
Mfg
Aug
28
50
4%
__
•
com
19 %
30%
1
preferred
Salt
700
25
class
Sep
Feb
9% Jan
__
33%
Pennsylvania Edison Co $5 series pfd.*
$2.80 series preferred
•
Power
41,400
i7Va
•
Pennroad Corp common
Gas
9
5%
14
•
common:
Aug
98 V*
Jan
6% Mar
1
Penn
8Va
.10
Telephone
109
3%
—
—
8%
Peninsular
33% July
Jan
Jan
72%
—
1
Co
14% Sep
36% July
15%
80
97
__
•
Corp
Parkersburg Rig & Reel
Patchogue Plymouth Mills
-$1.40
73
Jan
3%
96
__
Panteptc Oil of Venezuela Am shs
Motors
8%
400
•
1st
Paramount
108
•
„
100
Pressed
Metals
Producers
July
21
May
9%
Jan
75
7
Jan
11
Jan
13%
Apr
1% July
% Jan
2%
Feb
4%
Corp
America
of Nevada
Prosperity Co class B
Public
Gas
Service
of
1
—I
1
•
9%
1,800
3%
Feb
6 %
700
4%
Jan
7
Apr
5%
Jan
*9
Jun
6
—*
—
26
26%
ll'o
6,400
10%
%
Jan
Jan
34
Sep
30% July
Jan
19
200
1
--
Apr
Apr
4-
3%
100
7
7
Jan
1
A Sep
43
'
Aug
*
8
8
„
A Jan
Va May
4
Mar
8% July
Jun
8% Mar
800
300
•
__
—
106% 106%
180
104
Apr
113% 113%
20
109
Apr
Puget Sound Power & Light—
Common
I
$5 prior preferred
Puget
Sound Pulp & Timber
Pyle-National Co common
Pyrene
Manufacturing
10
11%
10%
11%
97%
97%
12 V*
9%
1,550
12%
98%
13%
•
10
•
600
Sep
x94%
55,400
*
5
7% July
7
8
%
%
—
Colorado—
100
May
53
8%
of
1st preferred
13
Feb
1,100
300
—
52%
113% 114
1
7%
Jan
7%
1,200
w
•
—
100
12%
1%
.
18%
54%
•
1st preferred
7%
,3 Va
'
8%
15
Filters B—
Omar Inc
Overseas
1
Jun
107
V
__
5%
22 Va May
103% Aug
106%
30
•
50
prior preferred
conv
Jan
5
preferred
$5%
Jan
Jan
2,700
113% 113%
100
Oklahoma Natural Gas common
$3
113%
ICO
common
2%
17%
91
50
260
ICO
1st pfd
1st preferred
Oilstocks
3%
20%
102%
6%
12 Va
27/B
17o
3%
20%
102% 103 Va
*
preferred
Service
3%
•
common
Sep
12%
1%
B
preferied
Ohio Power 4%%
Ohio
4
class
$6
13% Aug
10%
'
30C
•:
jiv
7%
10
•
Mines
28,200
'•
10
100
51
10%
*
Radio.
Jan
95%
200
Si
Electric
Providence
<
Ltd
2
■
100% 100%
•
•
.12.50
&
—
•
•
National Transit
National
12%
11%
:
•
' *
52
..
Light $6 pfd—
common
Machinery
Car
National
12%
•
,
—
36
...50
National
National
38%.
•
&
1%
2
—
common
Mfg & Stores
15%
"
National Fuel Gas
National
15%
•
«
Lines
247/8 May
13% July
1
Noma
Pneumatic
15%
common
common
102
15%
5
common
Corp B
Mines
15%
1/64
Class A preferred
Niles-Bement-Pond
Nineteen Hundred
Powdrell
•
Candy Co
30
80
110% 111%
3
warrants*..
Niagara Share class B
Potrero
National
111
—
warrants
Polaris
National Breweries
Jun
36%
14Va Mar
N
Hess
15%
110%
•>
100
A
Plough
Bellas
Feb
4% May
8% May
10% Mar
101% 102%
100
Phila Electric Power 57c
Jan
13 V*
1,300
'm.; ;
129
2%
Nachman-Sprlngfilled
111
V
—
102%
10
common
Class
Pleasant
National
Power
preferred.
Phoenix
13% *13%
Muskogee Co common
67*
preferred
July
31
v
Jan
18
200
22%
•
Sep
Mtge Bank of Col Am shs
Mountain City Copper common
21%
97% Aug
IOC
12%
...
_•
Moody Investors partic pfd
—
12
—
.
10
—
14;
'
11%
12%
1
Montreal Light Heat & Power....
V
12
1
Utilities—
■;
,"8%, ~8%
—*
common.;
Society A
Dakota
Montana
25%
700
'
8 %
1
Monarch Machine Tool—.
Monroe Loan
22%
•
preferred
Penn
2.50
.
July
900
--
•
common
525
>
1%
55%
—
Mississippi River Power 6 7c pfd_._.100
Missouri
28%
2
—
100
Mock Jud Voehringer common
21
8%
mmim
•
pfd
Jan
mimrnm.
•
Light 17o
15%
1%
1
Mining Corp of Canada
Minnesota Mining & Mfg
100
8%
—
83-a
•
Refineries
20
27%
•
10
Supply
&
Minnesota Pwr &
28
—50
Co
X20
——
*
—
Abrasive
Midwest
4
Jan
2% Feb
10
...
Hudson
57a
Parker
Steel Products—
Midland
28
•
Jun
~~%
1
common
108!/
A
•
t c.l
...
'U-4
3% July
1,400
10
v
2,000
Jun
68 V* Mar
Feb
2Va
u
1
Midland Oil Corp $2 conv
Midvale
70
Va May
%
'■
t c—_
Corp
38
Apr
108
-
%
*
—
West
36
1
Micromatic Hone Corp
v
38
•
Michigan Sugar Co
Class B
Jan
1
•
Jan
l:
1% Mar
28!
JaJn
'•
-
—15
Middle States Petroleum
Jan
98%
150
2
1%
8%
%
25c
...
Preferred.^
5;
—
Messabi Iron Co
Metal
•Cv
.
—
Jan
3%
Jun
217/a
'
Light 7% preferred—100
V
Merritt
Sep
1%
9
Jan
56%
Mar
*
McWllliams
13%
900
2%
Jun
4
Massey Harris common
Mfg B
300
59
Sep
Jun
McCord
Radiator &
4% Jan
.
19%
57%
,
10
.v___
18
107% May
Sep
90
Jan
26;
—
—
•
•
•.
t c
400
7%
19%
Com¬
Steam Shovel
v
Jun
Jan
2
Mass Utilities Association
2%
-
7%
,
/
87% Jan
V
Ltd
Co
Margay Oil Corp.,
Marion
100
—
Jan
•
Co
International
munication
6%
6%
convertible
Manlschewitz
%
7%
57%
11% May
Jan
2%
Founders
shares
1
N Y State Electric & Gas $5.10
pfd.100
N Y Water Service 6% pfd__._
100
17o
1,400
5% May
53% July
25%
•
Rosario
preferred
North
Va
20
5 % May
Jan
Shipbuilding Corp—
Nor Indiana
2
'
1
common.
Honduras
Northern
Mangel
Co
Merchandise
North
1%
105% 105%
Jan
1
1,300
Sep
1%
City Omnibus warrants
Northern
Manati Sugar optional warrants.
48% x49%
•
Auction
Jun
'
Class
Lefcourt Realty common,.,
Convertible preferred
7%
..
•
Y
N
Langendorf United Bakeries class A—*
200
Apr
Mar
101
Feb
6%
Jun
14%
Jan
Feb
100
■
■
—
1
common
Jan
8%
3%
__
5
39 %
Jan
Jun
9%. Jan
,
,
25
N
(N J)
6
500
,
48%
•
Inc common
Jersey Zinc
New Process Co common
RR
Sep
Jan
•
New
Lackawanna
113
37/a
7%
5
—
21
Feb
:v-
4%
—
100
100
High
Jan
104%
20
•'
•
England Tel & Tel
New
Low
111% 112
"
.
preferred
New
Range Since January 1
High
12%
vv
class A
England Power Associates
67c
preferred
i
14% May
6% July
Jan
Shares
5
Neptune Meter class A
Sep
for Week
Low
100
Corp
Nestle Le Mur Co
Sales
Range
of Prices
•
;
New
1st preferred
Week's
Last
Sale Price
Par
Va
13%
13
lit
1
Koppers Co 6% preferred
Kresge Dept Stores—
convertible
STOCKS
New York
Shares
*
10
Knott Corp common
Kobacker Stores Inc
4%
Low
1
Emil) Co common
(I B) Rubber Co.—
Sales
for Week
Range
of Prices
Par
'
Kirkland Lake G M Co Ltd
Klein
Week's
Friday
Last*
Sale Price
Exchange
Curb
Ended
Week
1267
Sep
7%
Jan
8%
Jan
7%
Feb
—
106%
114%
11%
120
13%
15
Sep 1
Aug
Sep
Aug
Sep
Jun
9% May
THE COMMERCIAL &
1268
Sale Price
Exchange
Week Ended Sept. 24
Curb
Range
Last
/I'-//;..:.7//
High
Low
Quaker Oats common
preferred
Quebec Power Co—
6%
Feb
156
July
13
---?
—
Mar
Feb
13
146
90
150% 151%
151%
100
—
92
Jan
70
130
i"
July
Low
.:
Shares
Range Since January 1
High
Low
High
;■
•'
1% 71%
Va
21%
*
Jan
1% July
IV/a
Sep
12%
Jan
11% Sep
21% Jun
600
■
*
Machinery..
Sullivan
Sales
for Week
Range
5
Co
(Si
Stroock
83
Week's
'of Prices
_-__50c
Stokely Foods Inc common
81%
PaT
Corp
fHugoi
SMnnes
83
Friday
.Last
Sale Price
Exchange
Week Ended Sept. 24
\
for Week
v
Curb
York
New
Range SlnceJanuaryl
High
Low
Par
Monday, September 27, 1943
STOCKS
Sales
Shares
Week's
of Prices
Friday
STOCKS
York
New
FINANCIAL CHRONICLE
150
Jan
20 Va
200
7%
Jan
13%
Sep
6% *
83,800
1%
Jan
6-%
Sep
7:
250
18 Va
18
13 %
700
Jun
"
Sun
13 %
Co—
...
1
Oil—1
Ray,Drug
Sunray
/.
6Vs
preferred
50
Superior Port Cement class B com.—•
Swan Finch Oil Corp
.15
convertible
5 V2 %
-
51
;
,
Jan
43
..
12% Mar
—
.
'
8% Mar
v
'51
Sep
15
Sep
•10% July
R
& Light Securities
Railway
;
.Voting
.
10
1
10
common
Investment A
Railway & Utility
Rath Packing Co. common
--
Red Bank
Oil Co
1
1
Petroleum Co
Root
Mar
1%
14% July
Jan
Jan
2
July
Power & Light
Texas
1
6%
6%
100
1
1%
1 Va
300
Tilo
13%
Tishman
3
1
•
1%
91% Jan
'
11% July
Apr
300.,
2%
Jan
4
4%
600
2%
Jan
5% July
4%.
—
17
2%
2%
8
Jan
7%
10%
Mar
18 Va
July
'w.
Amer
dep recs def reg
Aor.
Trunz
Tubize
Chatillon
ft
Jan
2% May
1%
Apr
2
Tri-Continental
Class
Jan
2%
500
7% July
Jun
2%
•>
62
Jan
July
5%
Feb
Jan
Jun
rl07
rl07
Feb
3
53
Jan
67
10
102
Mar
109
100
107
Mar
115
rl07
112% 113%
3%
14%
11 Va Aug
240
1%
57
10
Inc
Sep.
6% Mar
*4%
58%
57
100
1
1
ft
-
1%
Jan
6Va
Jan.
-14%
14%
3,400
12
500
May
Jun
July
.
Sep
.
1
Jan
2,800-
c
"3% "3%
%
Transwestern Oil Co
5% Mar
Jan
~4%
•
;
Jun
3%
II
•
100
Trans Lux Corp
69
7
July
Jan
%
6%
Shipyards Corp
Toledo Edison 6% preferred
7%
preferred
Tonopah Mining of Nevada.:
22
Jan
July
7
25% Apr
Ltd—
Todd
Feb
Sep
4%
dep rets ord regis
Feb
3%
a.
43
•
Amer
Jan
3%
20
•
Exports
Product
Tobacco Security Trust Co
49 Va
200.
Stocks
Allied
&
Tobacco
ja
1.45C
"7IC
Feb
4 / May
4;
16
/ Jun
Jan
1 Va July
7J/a July
warrants
8% July
sa
•
4%
Jan
10
Apr
66 V2
Sep
8%
8 Va
8%
2,200
1
66%
X65 V2
66'/a
350
1
4%
4%
4%
600
1%
Jan
5%. May
•
10%
10%
10%
200
6%
Jan
10% May
:—1
A
2%
2%
1,300
3%
300
Corp
—
a
Jan
39
•*
—
•:
1
Realty & Construction..:
16
I:
59%
59%
59 %
2 /a
1
Roofing Inc
Tobacco
Apr
200
10%
-2
%
107% July
6%
2
•
4 % July
Jan
13
„
.
Sep
1% July
Jan
1,100
60
101/4
/
Jan
ta
1,900
%
Aug
.
114
Jan
29% July
600
15% July
Jan
Jan
800
Mar
3V4
X7Va
Jan
t
102
100
;
...
Jun
26% July
Jan
750
10%
1%
6%
500
21%
9%
17% Mar
2,900
4
4
19%
600
Apr
800
14%
5%
3% Mar
23%
13%
4
~6% ~6Va
Texon Oil & Land Co
400
5% May
pfd
7%
3,800
23 %
13%
They? Shovel Co common......—,—Q
2,800
3 ■,:/ Jan
Jan
7
common
23%
*
Tampa Electric Co common
12%
3%
—1
*
Taggart Corp common
25
%
-——
& Haynes common
Ryerson
Mar
;51
2%
105% 106
*
Aeronautical Co
Consolidated Petroleum
Ryan
19
Jun
49
•'./
14,200
1%
1%
20
Russeks Fifth Ave
Ryan
•
700
12%.:-,
%
-*
convertible preferred
Typewriter
Royalite Oil Co Ltd
$1.20
Royal
Jan
13%
800
j-
3%
—
100
*
5
5
Roosevelt Field Inc
16
2%
1
Cable Corp common
Rome
% Mar
9%
3A
—
& Pendleton
Jan
24%
9 A
Elec 6% pfd D
Inc
Rochester Gas &
/»
,
Stix
Roeser
%
12%
5
1
Aviation
,
Dry Goods
Richfield Oil Corp. warrants.
Richmond Radiator
Rio Grande Valley Gas Co v t c
1,100
Yi.
1%
—
Republic
14 % July
u
1
Rice
Jan
-
11
& Engineering
Jan
7%
14%
—
Roller Bit Co
ta
25
Technicolor Inc
14 A
Manufacturing common__50c
Reliance Electric
10,000
%
Raytheon
Reed
Jun
1%
12'A
—
•
Raymond Concrete Pile common
$3 convertible preferred
2%
1%
12%
1%
Radio-Kelth-Orpheum option warrants-
"5%
~5%
600
1%
1%
1%
1.00C
Tung-Sol Lamp Works
80c convertible preferred
•
U
Ltd
Lawrence Corp
8t
St
Paper common
Regis
Salt
Oil Co
United Corp common
Dome
Samson
Savoy
Oil
Schiff
Co
common
is
•
$6
Steel Co
Scullin
Bros Inc
Seeman
—r>
:
■
9,800
3,000
22V2
Jan
51%
400
25%
Jan
32
■V
29%;
Silex
Co
%
Jan
•
\ c"'
1% July
49%
11%
12 Va
600
42
v
58
May
Jan
16 Ve
Jan
Feb
%
Jan
1% July
4%
Jan
9%
lVa
2,700
8%
1,200
150
17
17
3% July
46
29%
1
%
1%
7%
7%
1,600
69%
200
*
13% Mar
%
10,400
3
Jan
Jan
17
Jun
May
1% May
51%
Jan
Jan
%
-%
100
1%
300
3%
3%
1,500
14%
14%
95:
800
14
Jan
600
83
Jan
94
116%
!'
T
116% 118
40
% May
ft Jan
Sep
4%
Jun
i Jan
8 %
July
Apr
3%
5
.
2%
Jan
111%, Apr
4
16 %
100
Jun
July
119%
12% *Jan
13% July
•
10% Mar
14%
•
preferred
convertible
$3
Pattern
1
common
Aircraft
Solar
Corp
Sonotone
Soss
Co
Manufacturing
Solar
Manufacturing common
South Coast Corp
South
Penn
common
Oil
225
226
Sep
3%
Colorado
Southern
3%
Jan
May
2% Aug
241
Apr
5
Mar
1,100
106
July
2%
Jan
4% May
4%
1%
Jan
6
100
2%
Feb
700
37%
Jan
•
3
31
44%
32 %
31%
42%
43%
__
32 V2
300
31%
31%
300
l'/a
preferred
—100
Southern New England Telephone_.100
7%
50
V/a
:
64
64
4% July
5% July
500
31
__
Jan
Jan
1,306
41
41
2%
"3%
3%
3
class A—25
Power
3V4
4%
23
25
25
original preferred
6% preferred B
5%% preferred series C
Jan
22^-
2
3%
Pipe Line.——...—10
California Edison—
5%
Jan
175%
3% Mar
Southwest Pa
Southern
50
228
96
1
1
1
1
1
25
Co
1
__
Manufacturing Co
100
Singer Manufacturing Co Ltd—
-Amer dep rets ord legis
£1
Sioux City Gas & Elec 7% pfd—100
Singer
200
Jun
•
57%
July
Jan
10.700
%
Jan
1% May
*3
Va
14,800
ft Jan
ft May
-
16
Jan
10
„
Molasses
United
3%
•
V,
May
55
Va
100
■'
10%
Preferred
S
U
Foil Co class B
S
Graphite
$5
U
U
S
common
—
Securities
preferred with warrants
and International
U S
1st
Radiator common
S
Reclaiming
Rubber
Jun
Feb
39
July
Feb
93 '
July
100
250
•
.
'/
260
Feb
Aug
100
5%
ft
Jan
%
Jun
100
5%
2%
Feb
5%
Sep
72
73
350'
63
44%
44%
460
42%
Sep
5%
5%
400
1
5
•
-•
1
•
7%
x73
Jan
25
25
;4% Jun
*
%;'
%
1
common
United Specialties common
U
ii May
%
55% July
29%
3% Mar
10
Machinery
Shoe
Jan
80
—
25c
Sharing
preferred
United
Jan
Ltd—
Co
dep rets ord regis.——
United N J RR & Canal Co
Profit
Jun
July
12 May
Jan
V*
Amer
United
123
Jan
21% Jan
6,100
X35
4%
Jan
ft
1,400
1,500
100
:4V.:V
—
%
115
1,100
A
52
55
•
:,v
12,400
119% 120%
*
participating preferred
$3
3
34
•
United Milk Products
73
;
2,400
7%-,:
•
-
.
1,050
3
3%
%:■:';
8% July
11
Aug
1% May
Jan
Jan
80%
Jun
Jan
37/a
Jun
Jun
2%
Feb
> Jan
60
l'A
100
,
Jan
7Va
4,900
74%
71%
2%
V8
;;-*I
v
•
~i
1%
Sep
47
July
6% July
:
Jan
4
'
"%
50c
32
Sugar
preferred
Utah Power & Light $7
Products
Radio
Utah
Jan
44 V2
Jan
33
Aug
Feb
32
Sep
5
•
1
10c
1
Equities common
$5.50 priority stock
Utility
-
-
'
:
1%
'■
3
Jan
11
Feb
Apr
13
Feb
~/.. 4%
"2
2
400
Apr
7%
«
Jun
2% May
Feb
1
'
'
...
17%
18
17%
19
;T;
350
15
Jan
16
22
July
18% July
Aug
2,900
2%
2,400
49%
1,050
2
46%
47%
3%
——
-
J
4 Va
700
1%
4'/8
1%
15% Aug
19% July
14%
18
20'/a May
74
76
225
Jan
3
Feb
2
43 Va
%
4%
Jun
2% May
Jan
76
Jan
49
May
68% July
Sep
Jan
2
900
Sep
29%
28%
5,500
;
■
■
Utah-Idaho
'ft Jan
1,400
:
'
•
Products Co
Universal
%
.
2%
2%
Sep
Jun
40
ft
2%
Paper
% Aug
v
Jun
28% Mar
i
ft
2
Oil—.—_—10
Universal Cooler class A
•
Class
B
•
Universal Insurance
•
8
Universal Pictures common
1
Voting trust ctfs
1
Wall
United
Universal Consolidated
4% July
49%
%
500
100
64
17
Jan
1 %
—•
—
United Stores common
v
*
21% May
Jan
67 %
V-
Jun
Simmons-Boardman Publications—
Simplicity
preferred...
1st
$6
73 / July
1%
of Canada
$7
United Light & Power common A
Common' class B
10
May
72% July
%
Jan
1%
3'%
120
Va
ft
1
•
preferred non-voting
Option warrants
July
52%
68
v
7% July
3
July
14% May
6%
700
12
1%
%
warrants
4% May
July
-
__
__
10c
3% May
Jan
3
—
9%
3% May
Jan
5
—
9%
...
-..
•
United Gas Corp common
July
1
pfd
Stores
United Elastic Corp
Sep
-
-600
8%
1
7%
Apr
7%
800
2V2
2%
40%
\ l'/a
44
70
Corp
..
•
common
Cigar-Whelan
—.
..
1
Products
& participating
cum
1st
27
6%
3Va
common
S3
—
Jan
Feb
2
Sep
July
I7V4 Jan
—
•
5
'
Sherwin-Williams
United
1%
—
•
25
pfd series AAA———100
cum
16% July
51 Va
Shawinigan Water & Power
Sherwin-Williams common
5%
12% Jan
—1
——1
Mining
Denn
United
49
Allotment certificates
Shattuck
Chemicals
Aug
300
25
Sentry Safety Control—
Serrick Corp class B
Aircraft
United
3% July
36
16 Va
11 %
5
Seton Leather common
United
3% July
Jan
Jan
3%
1%
3
—
3%
•
Investment common
Jan
15%
48
•
*
1
^$5.50 prior stock
Gas
Union
%
v
*
Canada
Union
%
1.40C
1%
of
2%
v
10c
10
Corp
Manufacturing Co
Sep
2%
—
1
Lock & Hardware
;
Seiberling Rubber common.—
i
Selby Shoe Co
Selected Industries Inc common
Convertible stock
Segal
8%
2%
—
1
*
General
Securities Corp
/
Realization
Ulen
Unexcelled
24%
100
-Lui"
29%
——*
common
Jan
Jun
Udylite Corp
...
*
preferred
<2%
137
51 Vi
common
preferred
Scovill Manufacturing
Scranton Electric $6 preferred
Scranton
Jan
115
10,600
1%
f
Jan
2ia
15%
1%
Convertible
Scran ton
125
8%
1%
■
1
—25
25
—*
Lace common
i—-*
Spring Brook Water Service—
(D A)
Schulte
i
8 C
l'/a
10,000
--
5
•
Co
3%r.
131% 133%
8%
1
*
Mills
Sanford
3%
133%
5
—100
1
;
preferred
7%
——
.
3%
16% July
4'A May
15% Aug
•
■
5C
pref
$2 conv
A
Class
May
115
2
/': May
Aug
63
Jan
64
July
Mar
121%
Jun
1
pfd
Virginia Public Service 7%
1%
1%
26
8%
27 %
10%
81
8,800
%
1,400
26%
100
•
Manufacturing
Vogt
1%
5
1
Valspar Corp common
$4 convertible preferred
Petroleum
Venezuelan
10%
78%
__
340
130
1% July
Jar,
July,-
Jan
4%
44
7%
32
Jan
10%
Jan
13
81
Sep
Jan
10
July
Sep
?
Southern
Phosphate
Southern
Pipe
Co
—10
10
5
,
Line
Southland Royalty
Co
Spalding (A G) & Bros
1st preferred
Spanish & General Corp—
*
Amer dep rets crd bearer
Amer dep rets ord regis
•
•
Oil
Standard
Standard Oil
preferred
(Ky)
pfd
Starrett
"
Tube
1%
Jan
900
18%
% May
Jan
2%
800
%
Jan
5% July
2% Sep
%
200
%
Jan
1
5%
6%
4,900
2%
Jan
6% May
19%
300
12Va
Jan
•
1%
17
17
18%
550
4,000
5%
2d
preferred
For
Inc
(J
B)
...
footnotes
common..
see
page
1269
....I*
3
July
17
July
18%
Sep
113% Aug
A May
5,700
ft
Jan
1,250
16 V:
Jan
60%
.9%
1,600
Jan
11% July
% May
Jan
8
'
6%
ft May
Sep
Jan
•
Co
Wagner Baking voting trust
Mining
Utility $6 preferred
West Va Coal & Coke
Western Air Lines Inc
Grocer Co
Maryland Ry 7%
Western
Westmoreland
Weyenberg Shoe
River
VA
5%
5%
•
5%
1,300
Williams
(R
56% Aug
Williams
Oll-O-Matic
Jan
13
Willson
2%
Jan
35
II
~~
'
~£.
II
~
Feb
7 "4
200
Jan
5%
44
July
Sep
Sep
10%
Sep
12 % May
6%
Jan
200
1%
Jan
300
H
Jan
4% July
1% May
175
2%
Jan
7
May
C)
&
Products
Heating
& Light
1%
Wolverine
Portland Cement
Wrieht
14% May
(F
3%
109 Va
4%
3,000
2%
Jan
109% 109 Va
100
98%
Jan
W)
Hargreaves
receipts.
Ltd
9,100
800
6'A
4
Jan
5%
Jan
Apr
11%
Jan
95
14%
Jan
21
15%.
15%
25
July
13
Feb
Mar
Sep
Apr
11 % July
19
26
Sep
May
Sep
May
15% May
Jun
5 Va
8%
9%
3%
200
3%
8%
300
Jan
9%
5%
.*
Jan
7% May
7% Mar
9% July
1%
Jan
11
11
125
9
Jan
pfd__100
110
110
10
108
Jun
3% Feb
10
-
6%
*
6%
500
4
Jan
4'A Mar
12 Va
110
4%
July
Sep
Jun
8'A July
6%
3,^
6,200
Jan
10
Jun
5
M
—£1
*
109%
'I
9
5
10
Ltd—
dpnosit
Preferred
4
67
9%
4%
9%
10
1
Petroleum
AmpHcan
6%
Jan
—.1
Inc
Power
Woolworth
.1.23
•
5
1
20
•
Co
Wisconsin
Woodley
ft May
11 Va
1
Mfg
Oil Corp...—
July
2% July
100
20
...10
ft Jan
700
15 Va July
Apr
Jan
1st pfd__100
Inc
2% May
1% Jun
10% July
Apr
90
ft
Stationery com.....*
Western Tablet &
Westmoreland Coal
9
1
Apr
Feb
7%
.1
5
Mills
Texas
Western
5% Mar
Sep
Feb
%
1
Co
Wentworth Manufacturing
West
3
_■
Knitting
Wayne
100
•
"R
Walker
200
8 Va
100
class A
Bond
&
Cfes
3%
5%
86%
3%
8%
3%
ctfs ext..*
preferred
7%
Waitt
54
1
Ij
.1
Sep
60%
_I
1
...
Jan
w
Aircraft
Waco
Wichita
20
.......
Co
Jan
19%
56%
50
.....
Sterling Brewers Inc
Stetson
12%
ft Feb
1
Sterling Aluminum Products
Sterling
Jan
1%
•
1st preferred
Jan1
13
May
~~%
•
....
Jun
Jan
1
& Co common
1
Va
1
B
Sep
2%
__
(The) Corp voting trust ctfs._l
6%
Apr
9%
July
4% July
33
Sep
800
110
8
Steel Co of Canada
Sterchi Bros Stores.
Jan
6% July
12
'%
60
Stein
(A)
23
Apr
700
16
1
Co.*
class
Jan
'
•
Standard Silver Lead
Standard
Jan
6%
18%
6%
•
Products
7%
40
%
:
%
1
Preferred
Standard
5%
300
100
.
class B
Common
400
1,200
5
Y(T
.
13/4
__
10
(Ohio*—5%
Power & Light
Standard
33
-4%
1
10
1
20
preferred
$1.60 convertible
'
2.78
Co
Standard Dredging Corp common
».
8%
10%
4
V
33
__//
Standard Cap & Seal common
Convertible
4
4
_
Brewing
6Va
10 V*
%
Spen.cer
Standard
6
8%
1
•
Shoe Corp
Stahl-Meyer Inc
6%
10%
Aug
5
Aug
2
Jan
4
Apr
fl
158
Volume
BONDS
,
';.v::YX ;YYv:Y
-
Curb Exchange-
York
Ended
Week
Week's
Friday
Y/Y'
Interest
Period
.
Sept. 24
Last
or
Range
bonds
Friday's
Bonds
Range Sinc(
Sold
January 1
Bid & Asked
New
•
Low
Gas & Electric
2%s
s
t
v/';
s
f
s
1950
debs
No.
Low
High
f decs
J-J
1970
104
J-J
—1960
J-3
N
WV;;-
104
14
103%
3%s
Amer
&
Pow
»;—
,
deb
Lt
Amer
Pr
Lt
&
1956
A-O
107%
§Associated
108%
107%
&
Gas
110%
108% 108'A
4'As
AConv
deb
4'As—
1950
.-1977
4'As
1955
City Elec 3'As
Avery & Sons (B. P.)—
.—1964
Light
1947
107
46%
74%
Utility 5'As—1948
J-J
Continental
Ohio
Public
Telephone of Canada-—
1st
M
73
13%
25%
Pacific
22%
105
13%
25%
22%
98
12%
25%
22
22'A
14
25%
86'A
88
.
88
7
104'A
108'A
~2
109'A
$101'A
J-D
1st
88
72%
106%
109'A
$104'A 105%
109
Y/
37
99%
5s
1960
M-N
$121
6s
1998
Q-F
$150
G'As
1962
C
series
Steel
Bethlehem
Bickford's Inc
114%
1968
Edison
J-D
1953
23As
M-N
■
104
105
103
w
103 *
-r:YY::
—'
•103%
101%
Northern
Canada
111
El
5s
Power
3%s»i
99%
1969
99%
85%
A5'AS
States
S A Chicago
ctfs
Rys 5s
Cincinnati
St
series
38
Y
38
■;
37%
100
J-J
58%
F- A
1927
;
58
39%
102 'A 102%
$104% 105
A-O
deb
1966
M-S
99%
99%
99%
.1950
J-D
96%
96%
97
Jan
5s
5s
——
Debenture
5s—
Debenture
5s
A-O
1958
:
184
Elec
L
&
P
.45'A
100'A
Y'% 1
5s
Euison
99%
J-D
99%
5'As
Lt &
Connecticut
Consol
&
Lt
Pr
series N
ref
1st
El
Gas
3"As
A
7s
Pr
E
of
Service
84%
6%
perpetual
\.5%s
J-D
J-J
104'%
A-O
Y.YYY::Y.
M-N
1976
mtge 4'As
>—1954
AConsolidated Textile 5s stmpd—1953
Gen
San
103'A
Real
ASchulte
& Pwr 6s B
129
4'As
1st
series
1958
Packing
33As
98
J-D
1955
5s
Cuban Tobacco 5s
F-A
1944
Continental Gas & El
South
Southern
California
23
86
Southern
California
Counties
Sheridan
100
120%
1st
M-S
97%
—-
—
Y;,
98%
101%
104 ¥2
123%
100
95
87
Eastern Gas & Fuel 4s ser A
Light
&
Power
88%
M-S
1956
2030
5s
102
F-A
-•
88'%
102
88%
Southwestern
Water Lt
Elmira
District El
M-S
M-S
1954
M-N
5s
Residential
6s-5s
1956
1952
Water Service
Finland
5s
5'As_
& RR
Empire
$123% 124%
106
■
Y>; ; V:
J. J- X"
90
106%
103
106 ¥4
Stinnes
7-4s
1961
stamped
\
M-S
1966
J-D
Florida Pow & Lt 5s—
1954
J-J
1969
1953
A-O
51
105% 105%
104%
1
104'A 104%
20
Co.
Coal
Alden
1941
1950
1963
5s stpd
Great
Nor Power
Green
Mountain Pow 3%
.
1945
57
105
97%
98 ¥2
$80
91%
97
7-4s
106 VB
101
98%
12
93'A
102%
101
90'/a
—V"
lOOYa 101
11
57 '
91 /
98 ¥2
104%
64
f
••
8
Y
78
94
44
1968
A-O
& Light
Power
;'
1st &
5'As series B
Indiana
Service
Power Sec—
A6'As
(Dec
A7s
1941
(Aug
A7s
coupon)
1941 coupon)
(July
Power
Interstate
5s
6s
Debenture
6s
Superpower
Altalian
coup)
F
series
A7s
1941
E
series
A7s
1
.
108 ¥s
106% 107%
46
series
102
107%
*108
—
Penn
West
Penn
$112
114%
$108
M-N
'
w
Y
—
101
6s
103
18
80'%
90
50
80
90 Vb
Y,Y
112
——1955
1955
1957
—1957
1952
1952
1957
1952
1963
109
105%
$27'A
J-D
—
:y
31
18%
A-C
85%
84'A
85'%
27%
17
16%
N
Dist Pow 3'As
1966
—1957
5s
J-J
J-J
$27%
84
55%
J-J
108'A
33
65
85%
84'%
86
70
65%
86
84
86'/a
28
65%
86%
F-A
86
¥2
84'A
146
65'A
86
F-A
;
85'%
84'/a
85'%
92
64%
85
V4
A-O
25%
25%
25%
13
23%
32
1946
J-J
24
24
1
12%
32
8
&
ref
,
>—1963
to—
1967
4Va8
1978
1955
5s
1957
1951
1945
ANational Public Service 5s ctfs—-1978
19812022
1950
1948
*—1947
Nebraska Power 4'As
series
A
Nevada-California
New
Amsterdam
Elec
5s
85%
71
74%
Rys
"
X.'W*.
t
'
'V
A-0
1960
20 ¥2
J-J
-
1956
106%
56%
69
36
4s
J-J
F-A
J-J
*114
101%
•
J-D
1949
•
Conv
New
New
deb
New
5s
England Power 3'As
England Power Assn 5s>I
Orleans
108% 108%
.*
AIncome
6s series
16
106
i
■:'S
117%
25
108%
109%
;
111 Y
107% 108
4
115%
96%
102%
107%
8
-
94'%
94%
41
112 ¥2 112'A
-
109%
5
Y 94%
85
»
111%
112%
106
109-0
'
r
5'As_1952
F-A
(Maine)
*108% 109'A
103%
103
103%
50
96%
SI
104-ff}';
—
1952
A-0
1944
F-A
;
;;:.Y
3
':VY.Y
116'% 116'A
'■
2
116
117%.
Co--
4%s
—>2022
1954
97'%
M-S
97'%
M-N
debs
97'%
104 ¥2 104%
29
;
95%
100'%
96
Y'/v. 6
107
22 ¥2
411
4%
2
108%
109%
109
110%
J-D
1964
J-D
*109'A 110 ¥2
5s
2030
A-0
*1091% 110'A
1960
J-D
5s
•
.
to
100
29
102%
:;YY'
115'% 115 ¥4
F-A
1959
110%
110
1
100
118%
3
F-A
82 ¥a
82
J-D
97
97
97
J-D
97
96 ¥2
97
85'A
3
82'A
1937
stpd
' '
29
108% 109
1951
3'As
1947
5s
York
Week
M-N
J-J
106%
122';
121
123
A
20-year
112
113
A
20-year
2
108'A 108'A
107%
2
5
12
98%
98%
$101'A 101%
107%
108%
107%
109%
107
110%
Agricultural Mortgage Bank
Bogota
63%
83
75
97
73%
97,3
YYYY/3X
14
.
J-J
M-N
F-A
F-A
J-D
7s
100
,
86%
99
—
100%
102%
110'A 111
3
108%
112
102%
62%
1
16
100%
49
62%
(Peru)
*55
1947
J-J
*55
1948
J-D
High
Low
M-N
*55
64
F-A
*50
57
J-J
*20
30
1952
.
Hir-
Y
46
18%
1
18%
54%
14 ¥4
—
•.
18%
M-S
1958
M-N
1951
23'A
44%
64%
42
„
60
YlO
20 y?
7s
stamped
Mortgage Bank of Bogota 7s
Alssue of May 1927
107
3
105%
109
7
103%
106%
12
106%
109
Mortgage Bank of Denmark
7
103%
106 Ve
$107
107
108
Y
109%
Issue
of
Oct
11%
20'A
*27
28
20
35
3-D
*21
24
16'%
24%
*37'A
18%
V
1927
32
A-0
J-D
*18
22
1972
J-D
48
50
1958
5s
*37'A
1931
M-S
50
^
■
113
98
27
13
12-%
108.
108
5
107
110%
117
117%
4
114
14
(State)
:
7s
34%
*30
37%
20%
45
55
22%
35%
17
■;
38
18
'
30
-
117%
103% 103%
AParana
;
32
Y, V " ■
-
9
107%
_3
Y
~
1947
AMortgage Bank of Chile 6s
A
18%
M-N
7s
107% 107%
101% 102%
26%
97%
'102%
27
A Rio
118
70
73
68
47 y8
ARussian
A
73
72%
73
34
50%
73
M-N
73
70%
73
85
50
M-N
A-O
93%
93'A
94%
64
76%
94%
J-D
96%
96%
97%
44
82%
97%
$108% 110
107%
104% 104'A
102%
Janeiro
6'As
■.
Government
J-J
>1859
27
25-
62
27
6'As
1S19
J-D
5%
5
5%
88
1921
5'As
73
112
de
J-J
5
5
5¥a
61
,
2%
9%
2%
9¥a
1033A
$113
104%
A-0
6'As stamped_1958
105%
73
J-D
City
105
73
1949
5s
AMaranho
AMedellin
114'A
•No par value,
r
Deferred dellverv sale,
d Ex-interest,
e
Odd-lot sale,
n
Under-the-rule sala.
x Ex-dividend,
sale,
y $8 liquidating dividend paid.
$Friday's bid and asked prices; no sales being transacted during current week.
ABonds being traded flat.
Y
§Reported in receivership.
.-v"
Y,;',;Y'' .V'yyyVv
■
.
109
106
a
Cash
..
Abbreviations
-
-
■-■■
YY1
above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
"conv>" convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates,
"wl," when issued; "ww," with warrants; "x w," without warrants.
tive;
Nov
January 1
No.
110'A
J-D
1948
Range Sincd
Sold
High
1953
Jan
Danzig Port & Waterways—
A External 6%s
stamped—
ALima
Bonds
Bid & Asked
1955
7s
107
M-S
A-O
J-J
Week's Range
or Friday's
\
April 1948
Mortgage Bank of)
Valley 7s—
107'A
61
108
Last
Period
(Col)—
5'As
1
102'A 102%
27
Interest
(see
ACauca
Danish
107% 107%
A-O
-M-8
J-D
J-D
Exchange
Sept. 24 Y
109%
106%
108% 108%
111
Friday
Curb
Ended
Low
107%
Service—
A
:
A-0
BONDS
New
112
M-S
.—1954
—
Public
13%
105%
Foreign Governments & Municipalities
44%
1961
-
Debenture 5 As
1
28
H.
101% 102%
94'%
J-D
\
1959
AStamped 5s
56%
16'A
38%
1948
5s
-
20'A
105% 106%
107% 108
M-N
2022
1979
series A
Co
85%
53%
1950
Gas
New Eng Gas & El Assn 5s.
5s
.
35
v..
Mississippi P & L 5s
Mississippi River Pow 1st 5s
Nassau & Suffolk Ltg 5s
6s
86 Y
—
unstamped extended to 1959
lAYork
$121
F-A
1945
Valley RR—
Minnesota P & L 4'As
1st
161
86
86 '/a
1968
Traction
$108
M-S
M-N
i-1965
G
Gas Lignt
v
F-A
1.
Electric
35%
84%
$34
J-D
M-S
1948
1971
E
Middle States Petrol 6¥aS
Milwaukee
86,
J-D
5s
J
Power
33%
19
17%
J-J
1947
stamped
at 4%
64%
1966
5s
Railways
gen
35%
16%
McCord Radiator & Mfg—■
Extended
78,
211
Newspaper Union—
Extended
Midland
106
62
35
27'A
107
series
96'A
'
—
>.
38
27'A
27'A
27%
* F-A
J-J
A-O
J-D
4s
72
108%
109
1970
Kentucky Utilities 4s
6s
106'A
52%
106%
86
1946
6s stamped extended
¥2
115
112% 113
Mengel Co conv 4'As
Metropolitan Edison 4s
108%
23
84%
Elec 4s
&
West
J-J
Pow & Lt
Ry
Water
Western
89%
70%
86
3'As
income
A5s
102%
88'A
70
,
A-0
—
A—
Wash
107'%
88
106%
70%
12
-
Debenture 6s
94%
87
109%
103
$105% 107
—
1957
Rys (Delaware)
&
92'A
Af-S
Louisiana
lien
1st
18
88%
105%
106'A
109
78
Light 5s
Power
&
11
89
106%
102%
75
& cons 5'As
101'A 102 ¥2
M-N
105
103%
17
*106
City Rapid Transit 5 %s—1952
105% 106'A
'
103%
104% 105%
78
6s
A
Edison
United Lt
111%
104%
303
104%
Waldorf-Astoria Hotel—
105'%
$102
97%
105%
100%
99
17
Jersey Cent Pow & Lt 3%s.—-—1965
Kansas Electric Power 3'As
1966
Kansas Gas & Electric 6s
2022
Kansas Power & Light 3'As—
1969
Lake Superior
&
21
106%
85'A
100%
6
•
C
series
A6'As
93
5.
'-'j
—1957
Electric
99%
/•J *91
106% 107
J-J
F-A
A-0
1952
1970
AIndianapolis Gas 5s A—
Indianapolis P & L 3'As
International
-
15'
Light & Power Co—
111%
106% 107
1958
5s
5s
ref 5s
1st lien &
—
:
131;S
1950
Light
Service
&
Power
Water
1st lien
6s
A-O
J-D
J-D
M-S
1950
1963
Hydro-Elec
Indiana
•
91%
—
stamped
Wash
ref 5s series C
ref
"3
101
128
v
Industries—
United Light &
A-0
1953
1954
1956
1957
5l/as series B
rei
&
1st &
$99
109%
99%
-
.j
$108
M-S
„May 1948
&
(Hugo)
2nd
—
M-N
JDec 1
United
64
Corp—
ref 6s series A
1st &
1st
1967
3%s
Power
Illinois
99
A-O
Hygrade Food 6s ser A
Jan 1949
6a series B—————Jsn 1949
Triaho
$109'% 110
J-D
96
114
5
105%
.
3'As
&
■
108%
May 1948
Utah Power & Light
Houston Lt & Pwr
79
23
1989
United
37
64
2022
<
Corp—
stamped—i-Lof deposit
series
Twin
111 \
104% 104%
'
'
89%
108 3/8
'•
8s
(Hugo)
Toledo
101
2
94'A
94%
100¥4
—
108% 108%
J-J
6s
Tide
;y
—
84
$90
156
110
1951
Electric
Texas
105
__YY
64
99%
138%
10734
'' ; 103%
102'A
101% 102%
99%
J-D
1958
Grocery Store Products
& West 6s
Guantanamo
102
$„
J-D
1950
4s
West
Trunk
M-S
M-8
J-J
F-A
J-D
97%
102
J-D
1965
4s
4'As series A
(Adolf)
AGobel
J-J
1948
1978
6s ser A
Power & Lignt 5s_
Georgia
Ure.nu
A___
5s
Serv
General Rayon
Glen
3%s
Power
Pub
L
Corp Inc 5s
3d
Texas
Gatineau
General
J-J
Certificates
Stinnes
—
106%;
(Calif)—
—
Power
AStarrett
124
104
103'%
104% 104%
.
A-0
gold debentures—
Standard
¥2
123%
-106%
$104% 104%
1970
6s
8
2
6
■j
'
Electric—
6s
5
92'A
$105'A 107
M-S
(stamped)
Conv 6s stamped
Debenture
105'A 106
77
Y* .104% 104 %
■>>
Y—
J-J
3'As
Gas
1965
6s
Mtge Bank—
Florida Power Co 4s ser C
&
Debenture
102
112%'
$64
J-J
3s
deb 5s
Gas
87%
105'A 106
$56
&
P
(A G)
Standard
98%
87%
112
111
2
111%
91%
,
F-A
,104%
'
Federal
1947
.——1957
Edison
Gas
Indiana
79
'79
85
198
A-O
F-A
•
102%
101%
110'A
3
153%
$127%
V""
—
1971
101
4
A-0
Rys 4s———1951
131 ¥2
82'%
i
.
102% 102%
A-0
1967
mtge 3s
Spalding
$86
'
1951
Southwestern Gas & Elec 3'As_—_>1970
109
121
35
6s
5s
Power
J-D
Y'iiV'
112%
6s
Electric
Wyoming Coal
Carolina
M-S
1951
6s
D
97%
1102% 131'A
153
94%
1952
Scuilm Steel inc mtge 3s
Shawinjgan Water & Pwr 4'As
98%
99 3/8
7
24
105
111
1970
Estate
98%
104%
108
i
Joaquin Lt
83%
104
115%
97 'A
'.108
M-N
,59%
105%
110%
111
105
92%
108
J-D
109%
109%
107 %
111%
",'105
—
105
A-0
85
$122'4 123'A
111
92%
J-D
1952
84%
1
108%
108
11
111% 112
3-D
1949
107
Jersey—
.-—.-1979
9
16
M-S
—1964
A
18
Y'Y';
1959
111%
38%
102%
105
105% 106%
a-0
—
series
124
107% 1071/4
30 «/3
34
$101% 101%
M-N
Safe Harbor Water 4%s
46
99%
109'A 109%
•'
M-S
certificates-:--,,
97
118%
37
113% 113%
J-J
102%
105'A
•>
46 •-
Southern
1969
1st ref mtge 2%s ser Q—
Consolidated Gas (Bait City)—
Cudahy
.Y3
107%
$36
106
111%
109
100%
Queens Borough Gas 3rElectric—
98 Y
$117% 120%
109%
J-D
1971
P
ser
"
*
101%
106%
$107
1956
New
99
99% 100
106
M-N
1961
1st mtge 3'As
Sinking fund deb 4s
(Bait)—
j
mtge 3s
M-N
1951
'•
M-N
:> 1950
F
series
98
98
M-N
J-J
1972
Corp (Can) 4'As B
Public Service Co. of Colorado—
101
89
2
1964
1977
Power
103 ''Y 104%
176
107%
104% 105%
extended,.-—-
96%
M-S
1952
5'As
104%
5%s
Power
Southern
Service
—J969
1949
Cities
F-A
5s
110
107
106'A
4
100'A
r-
100
3 •'
59%
A-O
*
13
155
100
1955
—
y 13 y
9
4
101% 101%
Gas & Coke Co—
Poiomac
107%
/•:%r
107'A 107%
101%
1979
107%
105 VB
80
"YT
108 % 108%
A-0
110
99%
105'A
1
39%
Ry 5'As A———-1952
B—
Service
Cor.v
L 5'As-»___»._1953
f'.
P
38%
J-J
M-S
1954
Central
Cities
■
Y;YY!Y.
105 Ve 105%
107'A
2
v-
107%
104%
19
105% 105%
__
105%
F-A
5s—1948
A Central States Electric
6s
J-D
—1964
Light 3%s>_
Gas
&
Central Power &
Yy
<•
F-A
$108
'
Central
108%
85%
105%. 106
105'A
$106
Public
99
2
$105'A 107
F-A
106%
1
-
F-A
115 Va
13
""
108 »/e 108 Ve
>
>>
,Y-:>>
■
115'/a
■■
108'A
54'A
Y
843,^
J-D
4'As
3
:
A-0
>
105% 105%
■
—
'
106 ¥2
702%
M-N
Philadelphia Rapid Transit 6s.».1962
Jmm-' '
/■
84
:•■;.
J-J
121
'
'
$115% 123
->'
112
105
2:/.
Pennsylvania Water & Power 3%s_1964
:
,-3'As
.>>1970
116%
117%
:
„
108
104
A/-S
1970
Birmingham Electric 4'As
Boston
.
122
$105
A-0
1'3
:
J-J
High
111
106
—>1948
5s
A5s stamped
115% 116
.
Light
106
A-O
January *
Low
$111% 113
Philadelphia
101%
—
&
'y
No.
Aug 1955
Park Lexington 1st mtge 3s
Penn Central Lt & Pwr 4'As
Power
M-N
Range Since
Sold
High
1955
22%
21%
21%
A
X
1962
21'A
v/v
B
series
5s
4s
25%
Portland
Bell
Service
Oklahoma Nat Gas 33As B
Oklahoma Power & Water 5s
14%
Bonds
Sale Price Bid & Asked
J-J
21%
J-D
1957
warrants—
without
109
"
74%
—.—2004
>>>>1954
22%
J-J
M-S
5Vis A—;
Atlantic
5s
126%
107 %
73%
1964
22'A
# MS
5 'As—
Gas
124
15,Y"
Week's Range
or
Friday's
Last
Period
Elec & Gas 3%s
$21'A
F-A
—>1955
Atlanta
124
Friday
htpr^t
.
.{
Ogden Gas 1st 5s
1945
Ohio Power 1st mtge 3'%s—:-.w.»1968
1st mtge 3s
>^
>1971
109
'
A-0
—1968
5s
deb
106%
....
Y State
North
98%
"17 Y'
4Y"
124
73%
F-A
—1949
AConv deb 5s
AConv
88%
107'A 108
v.
124
M-S
J-J
1948
deb
ADebenture
98%
.///:/, /•XY-yyy; .Y;
,
Exchange
Sept. 24
' -y;\
.
106%
96
Elec Co—
AConv
Assoc T & T deb
3
; :
32
YYY 11
v'
JrJ
*-1953
4'As_.s
Elec
Associated
5s
98%
106'/a
2024
Appalachian Pow deb 6s___—
110%
105% 106
98'A
J-J
J-D
J-J
Writing Paper 6s
.»—1961
Appalachian Elec Pow 3'As
1970
Arkansas
110 %
105%
M-S
.—2016
6s
$107% 108%
'j;
Curb
Ended
1269
N Y it Westchester Ltg 4s>
Debenture .5s»—>>>—»
104%
105
.
,
;'y. ^. y,;
Lo>"
Co.—
debs.
3'As
High
York
Week
,
.
American
y
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4215
New
vv
used
THE COMMERCIAL &
1270
FINANCIAL CHRONICLE
Chicago Stock Exchange
Baltimore Stock Exchange
STOCKS
•
''
Arundel
18 Va
Corporation
Transit Co common
Bait
Preferred
t c
v
t c_——0
v
16
70
1.95
467
10
9
10
100
——i-
18%
1.60
1.95
19
Jan
1.00 Mar
8
1,323
STOCKS—
par
Mar
Abbott
Laboratories
2.95
Aug
Jun
Acme
12%
,
Jan
Adams
Steel
Oil
Fidelity
&
of Amer A
Finance Co
V
''
'
*
r '
' ' '
Moore (Tom) Distillery—
•
I
.
Mills
Amsterdam Casualty
New
North
Oil
Amer
.
42
Jan
Laboratories
:
125
9%
Feb
35%
Allls
Chalmers Mfg
8
Jan
22%
■
52
100
28
140
22
65c
65c
3
28
■V;
4
3
3
52
65c
100
35c
Armour
50
51%
1975
5s series A
1975
5s series B
—1975
Florida Cent & Peninsular 5s ctfs_1943
Georgia Sou & Fla 5s
—1945
62
Jan
Jan
Co
Interstate
28 % July
65c Sep
common
29%
Belmont Radio Corp
Bendix Aviation Corp
39% July
Jan
Apr
Jan
Jan
39%
25%
Jan
497
30
90%
I8V0 July
128%
6%
9
9%
1%
Jan
8%
Sep
1%".
6
6
4
4%
2,400
July
111% July
Jan
3
42%
>
Jan
1,111
6
V
158% July
6% Sep
•
300
"
21% July
'
'
.
4
200
>%
50
2%
•
Jan V
July
6% May
3% Jan
1,300
1% Mar
7
Jan
49
Mar
56
Jun
Mar
64%
Jan
17
5%
Jan
36%
540
8%
36%
8%
550
4%
4%
100
35%
960
36
"
1
:
16
50
17
8%
1
r__
.
23
13%
100
21%
16%
common——5
Corp
Jan
250
8%
21%
*
Manufacturing Co capital—.
Warner Corp common
874 Aug
4% Aug
5%
Jan
4
26%
Sep
Apr
39% Mar
33% Aug
^
Sep
9 Va
Apr
38% July
Jan
Jun
Borg
100
Aug
102%
Jun
1,000
101
Aug
103%
Sep
8,000
80
Jan
87%
Sep
Class
Fence & Wire—
Brown
100
1,000
100
Sep
100
Sep
Bruce
100
100
1,000
100
Sep
100
Sep
A
Bunte
Burd
(E
L)
Bros
5%
.
*
.J~~.
Ring
(fuly
4
Jan
13
V
150
11%
Sep
15% July
15%
100
12 %
Jan
16%
22%
22%
Mar
50
11%
Feb
22 Va
Sep
400
3%
Jan
4%
Jun
10%
849
5%
Jan
28
28%
175
20%
Jan
*
16
16
•
84
4
1
~97/a
10
preferred
conv
1%
650
4
13
15%
15%
10
common.—
Brothers
cumul
3%
;
*
—5
common—
commons
Piston
Butler
35
1
preferred
Co
35%
5
Common
87 Va
—
Sep
6%
Jan
2%
12%
155% 156%
Bastian Blessing Co common-——_■>
Belden Manufacturing Co common
10
100
—————1950
-.1951
5s
Co
5s
33%
6
50
500
9%
9,100
86%
1,200
4%
16%
106% 108
__
6%
4.000
59%
101
33%
38%
108
100
—5
103% 103%
101
——
57 Va July
4% July
Mar
&
55
59
62% Mar
Jan
'
Aug
$67,000
52
Jan
41 %
4%
Equipment .Co common——1
Manufacturing Co common__l
Athey Truss Wheel capital—1
4
Aviation Corp (Delaware)
3
Binks
Transit Co 4s
capital
Asbestos
Sep
.
Baltimore
51%
25
16%
38%
»
t
preferred—100
Tel;Co
&
Berghoff Brewing
Bonds—
134
—
—
Aro
28
v
Mar
1.80
514
38
38
27
,,
Tel
10% July
Jan
273
—
»
Co.
Public Service
American
July
42 Va July
Jan
;..9%
135
CO
28
145
Mar
High
60
56%
32
32%
5
common
Low
59%
„
common
Castings
Range Since January 1
High
Jun
120
Jan
.6%
.•
'
Fidelity & Guar
U S
_■./
CO
27
;
—
Co
10
38
114%
;
Allied
Co
Gas
Shares
56%
—4
common
American
1-25
com.—100
2
25c
Vernon-Woodbury
Mt
140
25
pfd vtc
Houston Oil of Texas 6%
350
6%
'
—
5
common
7
140
•'
:
Deposit Co
20
Guar Fire Corp——.-—.,-10
&
16
116% 116%
t c——1
67% Aug
57% Jan
85
67
66
67
,
-100
•4%% preferred B.,-—
Eastern Sugars Assoc com v
Fidelity
*
Elec Lt & Pr common
&
Low
common ________!____25
Aluminum
Advanced
Consol Gas
Co
Sales
for Week
Range
of Prices
Sale Price
"
High
Low
High
Low
Par
Week's
Last
Range Since January 1
Shares
of Prices
Sale Price
Friday
for Week
Range
Last
"
Sales
Week's
Friday
/
Sept. 18 to Sept. 24 both inclusive, compiled from official sales lists
inclusive, compiled from official sales lists
Sept. IS to Sept. 24 both
Monday, September 27, 1943
30
4
9Va
__
10% July
-
29
July
Campbell Wyant & Cannon
i
Foundry capital
i
Friday
Common
Range
Sale Price
STOCKS—
of Prices
pfd
pfd
1
—
American
100
Tel & Tel
Range Since January 1
50
Anaconda Copper
Boston
25
100
*
Elevated Ry
;
&
Boston
Corp
31%
65%
18
23%
23%
1%
—
4*%
5
4%
5%
14 %
29%
31
Apr
113%
Sep
Jan
102
24% Jan
104
81%
506
Club
7%
prior preferred
5%
preferred stamped
—100
class A 1st pfd stamped—100
8c/o
class
B
1st pfd
7%
class
C
1st
100
100
100
stamped
.'
preferred
class D 1st pfd stamped
Boston
&
5
—
■
—
■
Property Trust,*.
?
RR—a—-—100
Personal
Boston
—
Providence
Corp
—5
Calumet & Hecla
Copper Range Co
Coleman
July
•
5%
4
—...
100
100
prior preferred
4%%
preferred
——
_
Mass Street
Eastern
1%
—*
Common
—
__
common—-100
Ry
100
,——100
—
1st preferred series A—
6%
6%
preferred
B
34% July
524
62% Jan
69% Aug
Consolidated
14
19%
Jan
24
3,408
Jan
8%
650
32%
Jan
1%
•
Jan
4
1%
Jan
1%
Jan
8%
Jun
20
2%
Jan
8
%
Jun
165
2%
Jan
8%
Apr
165
11%
Jan
16 Va July
Feb
35
126
,J
V t
368'
:
•
May
7%
15%
6%
6%
Jan
9%
Apr
Jan
17%
Jun
Biscuit
10
33
115
4%
7% May
Jan
%
200
preferred
42
Jan
59
Apr
19%
Jan
37%
Jun
470
2%
Jan
9% July
35
98
Jan
120
Sep
85
25
Jan
68
1,125
6
Jan
24
Sep
Dixie
370
10
8%
39%
Jun
7%
91c
5
1,083
7%
110
7
90c
91c
15
105
55
80
/-'M Va
w
80
1%
30%
1%
31%
4
48Q
16%
10
4
__
25
16%
__
—
4%
25
24%
25
75c
75c
44%
44%
45
Assoc
v
t
c
1
Mergenthaler Linotype
26.08 Jan
30%
32.78 July
40
Jan
2%
7%
Feb
15c
Sep
1% July
Feb
37
July
9% May
4% Jan
Jan
185
170
75c
80
28%
3
Mines—
4%
215
250
Sep
35
100
12c
Jan
Old
3%
Jan
14%
130
6% Jan
1%
10c
1% Aug
106%
%
3/4
186
Colony RR————:
7
• 105 V2
%
1,080
86
409
Jan
iBs Jan
49c
51c
1,940
24c
Jan
40c
100
Pacific
50c
450
15c
Jan
4
RR
Shawmut
Stone
&
25%
24%
26
50
Mills
Pennsylvania
27%
27%
28%
748
1%
1,025
25
—*
Assn.
1
10
♦
Webster
Inc
14%
•
9%
Elec Securities $4 2nd pfd—'*
Suburban
Tornngton
Co
13%
9%
Co
Drug
United
Fruit
Apr
May
.
July
10
% 218
Apr
49
14%
1,800
9%
260
Jan
Waldorf
21%
21%
440
1614
Jan
23% July
20%
21%
625
14%
Jan
19%
201%
145
10%
Jan
22% July
20% Jun
95
92
95
340
83
Jan
100% Aug
20%
23% July
5%
39%
39%
11%
6
—_—r—1
5
32 Ve
8% Jan
—-5
*—1
Brewing common
Candy class
General Finance Corp
Apr
1% Mar
11
General
Corp
Motors
General
Outdoor
Goldblatt Bros Inc
July
36%
4
common—
5
12%
Juiy
—
Inc
Horders
20%
Indiana
250
9%
600
6
Jan
32%
10
25
Jan
13%
13%
20
15%
15%
100
8%
:
4
International
Interlake
common
_•
$6 preferred———*
(W B)
Co
capital——
Katz
For footnotes
see
page 1275.
Sep
La Salle
pfd
—
7
*
16% May
23% May
11%
Jan
19
July
4%
Jan
7
July
17'A
145
6%
400
75
125
63
Jan
78% July
71%
434
57
Jan
74%
3%
20
1
Jan
4%
14%
200
4%
200
7'/4
7%
400
47%
48%
80
1%
1%
3%
7%
30C
4
7%
13,600
650
20
16
19%
Apr
16
July
5
May
3%
Jan
5%
Jan
8%
Jun
Jan
48 Va
Sep
250
4%
"7%
9% Jan
Jun
41
% Feb
2% Mar
5
Jan
9%
Jan
1% July
4
Sep
87/a
Jun
20
' Sep
2
July
2,100
%
Jan
5%
350
2"%
Jan
100
7%
Feb
12
20%
300
12 %
Jan
21 Va July
5
271/4
27%
100
19
Jan
27%
-*
Sep
47
July
Marshall
Field
common
Jan
46
July
Masonite
Corp
common...
23c
Jan
48c
16%
16%
720
10
Jan
16Va July
37%
38%
93
32% Jan
22
22
50
13
1%
1%
5%
11
100
7la
7%
preferred A———
i
100
100
.100
Sep
Jun
Jun
Jan
42% July
27% May
9%
9%
IOC
9%
Jan
13
4%
4%
4%
250
3%
Feb
4% July
9%
9%
9%
6,900
4%
Jan
9%
2,600
8% Jan
20C
Mar
22
13%
14
15
%
Utilities—
prior lien
preferred A
prior lien.
5%
9%
-I4
& Mfg class A.
11
20%
4
—4
McWilliams Dredging common——4
Mickelberry's Food Products common. 1
Middle
West Corp capital
5
Midland United conv pfd
*
Common
•
*
6%
4% July
Jan
1%
*
Refining Co capital——
McCord Rad
July
17
14%
3
—4
Aug
13% May
3%
Extension University com..—5
Kentucky Utilities jr cum
Apr
9% Aug
37%
70
70%
1%
—
10%
Jan
19
6%
July
74%
7%
Co common
Jan
Apr
;
Jan
500
16%
~6%
1
—4
50
Drug
Kellog Switchboard common
42%
May
6%
1%
50
1,050
20%
3%
4
Harvester
Power
25%
105
Jun
7%
3%
131/2
19%
20
—:4
capital
11% Feb
10
121%
100
Steel Products common...—1
Inland Steel Co
7% Jan
8%
9%
32%
9%
Brick Co capital ——10
Illinois
50
57% July
150
*
class B—
55
103% Aug
Jan
6%
_4
common.——_.
Houdaille-Hershey
105
1,000
4%
6%
6%
—10
10
—1
Bartlett common—25
28c
103% 103%
9Va May
18
6%
Eastern Massachusetts Street
Ry—
4%s series A
1948,
Jan
21
44%
Jan
6
4%
Jan
45%
40,//8
3% Feb
25
Jan
28c
$5,500
44% Jan
168
8
12%
45%
48%
July
1,950
5%
17%
44
48
56 Va
53%
7%
63
Midland
—
July
2,450
Lynch Corp common..,
Boston & Maine RR—
Aug
4% May
34% Jan
5%
Sep
Bonds—
13
44
16%
Lion Oil
80% Jan
Jan
21
Sep
176
Jan
2
16%
com
Sep
97%
10%
19%
Dk
Lakes Dr &
15
95'
Jun
41% July
13% July
76%
11% May
99% July
6%
Jan
Apr
Jan
Jan
Jan
Jan
Apr
Sep
3%
10
7%
74
14% July
42%
25
Common
Feb
41% Mar
Jan
Mar
6%
15
100
60%
7%
1,500
33% Feb
Sep
105
427
170
50
3%
17% May
13%
425
10%
12%
3%
8% July
Feb
41
15
10%
250
6%
13%
76%
63% Jan
5%
42% July
31
39%
Llbby McNeill & Libby common
Lincoln Printing $3.50 preferred
37
656
200
250
5'
-
12%
39%
Jan
Jan
Jan
23
4
4
Leath & Co common.
Sep
50
11%
35
35
3%
Apr
4
common
14%
Sep
1970
36%
50
31%
July
6% May
Goodyear Tire & Rubber common
14
A
15%
1% Jan
Gossard Co (H W)
75 Va
series
150
52
14%
mtge 4%%
1,250
52%
72
Sep
15
7
15%
—4
10% Mav
29%
__
13%
10
com——4
common
Advertising
Gillette Safety Razor common
Jan
20
50
Jan
41%
Jun
29%
•
10
4,600
40%
75%
Inc
450
6%
41%
•
System
16
11%
——4
Foods common.—.
Jun
29 %
28c
Jan
270
•>%
62
29%
__
Jan
10
31
6%'
A———.5
common—
1
9%
10
72%
9
40
,
K
30%
6%
4
—10
AutO—
5
Westinghouse Electric & Mfg
Income
Sen
Sep
20%
10%
Fairbanks Morse common—
Drive
Aug
3%
20%
15
Eversharp Inc common——1
(Peter)
5%
Jan
Jan
42% July
Utll Corp
Electric Household
Feb
1%
10%
3%
::i 16% May
Airlines Inc
Eastern
2%
50
5%
50
28% May
Jan
3b
44%
5% May
•
Light common
Jan
19
Jan
1
2% Jan
25C
Sep
July
120
1% July
2y%
25
'
\
27.% July
100
Co
& Tunnel
Jan
20
3%
Lindsay Light & Chemical common—4
Line Material Co common—
5
Rubber
21%
15
Tool v t c
2% Mar
85c
70
10
S
Utah Metal
4,800
27
3%
131/2
Indep Pneumatic
108% May
35%
U
41
15
Indiana Power &
66c
72
72
Mar
13%
Jun
2% Mar
23%
72
72%
Feb
36 %
common.—__2
Car
Sep
7
14%
34%
25
•1%
5C
4% W' 4 %
1% Apr
50
35'%
United Shoe Machinery Corp
6%
cumulative preferred
300
19%
common——.
Inc
United
May
5,400
3%
Jan
Harnischfeger Corp common
Heileman Brewing Co capital
5
Twist Drill
18
3% Jan
16%
41
Feb
Hall Printing Co common.
*
Union
July
17
Sep
•
(The)
:~V
,;s%
Elgin National Watch Co——.
Jarvis
Quincy Mining Co
Reece Button Hole Machln
85
26%
Jun
6%
Jan
35%
1%
49c
,67% Jan
590
Apr
33
Jan
6%
105%
841
300
T
G
2% Jan
12%
12%
England Tel & Tel
100
New York, New Haven & Hart RR-100
North Butte Mining
2.50
Jun
40%
16%
Jan
1
New
82
22
35%
Jan
Feb
14%
*
__.—
47% Aug
Jan
19%
1% July
Mar
—5
Narragansett Racing Assn Inc—;
National Tunnel &
Jan
65%
39%
Illinois Central RR common
Nash-Kelvinator
38%
700
20%
—4
Dodge Manufacturing Corp common—4
Domestic Industries Inc class A——1
General
32.15 32.15
38% 39%
7%
7%
—100
Massachusetts Utilities
". K
Sep
Jan
7%
6
950
*
Fuller Mfg Co common—
Apr
Jan
—
38,950
82
'•
ll% July
2%
————100
preferred
26%
A——50
'' V
Hibbard Spencer
5%
26%
3%
25
34 %
8% May
Jan
27%
31%
.
Maine Central RR common
15%
41
1
common
vtc class
Motor
T
Cup
Great
——
25
common
Fox
35
Copper
Loew's Boston Theatres
15%
41
common.—4
common
Four-Wheel
170
—
6
July
47%
;
Sep
8%
4
_______
Jan
5%
2% May
Jan
80
85
38%
——15
Kennecott Copper
•
Lamson Corp (Del) common—,
5
Roy ale
Co
Diamond
8%
*
$7 convertible
Isle
2
Aug
July
81%' 84%
—
&
3%
37%
•
B
14
81%
Packing common——____30
7% cumulative preferred100
Cunningham Drug Stores
2%
190
—
Hathaway Bakeries class A——i——*
Class
Jan
Cudahy
129
—
*
Gillette Safety Razor Co
9%
4
common
Crane Co common
.
Deere
33
—1
General Capital Corp—.
Sep
500
13%
81
c
General
General Electric
112
47
pt sh v t c B—
4
pref pt shares
50
Container Corp of America common—20
Apr
1
—
National Stores
Jan
Common
8% May
•
Service
Public
Engineers
Jan
92%
5
Edison
pt sh
Common
Apr
'
100
586
2
56
34
7%
8%
120
120
62% 68
22% 24
33
26
30
Consumers Co—
1%
55%
33%
x9%
__
Mar
1 % May
Jun
4
Association
Group
66
24
.
*
Eastern SS Lines Inc commonEmployers
.
—100
5% preferred adjustment
First
7
15%
ft Jan
Jan
i°ff
420
81%
10
Co
Stove
&
Lamp
Commonwealth
Gas & Fuel Associates-
Eastern
6%
__
•———10
Service
1,900
3,500
54
5
common
Utensil
.11.V
Cities
f*
13%
—4
common
Aluminum
385
26
1%
5
5%
4%
5%
15
29%
31%
Jan
Chrysler
Cities Service Co.
32'A
68
18%
—
%
8% July
25
68
Aug
10% July
53
5%
1
preferred
Chicago Flexible Shaft common
158% July
Jan
Convertible
Maine RR—
6%
10%
Jan
4%
542
32%
100
Edison
Boston
Boston Herald Traveler
6%
127 %
6
26%
25"%
113%
96%
100
1,289
113% 113 %
97
97%
—
pfd—100
Bigelow-Sanford Carpet 6%
Boston & Albany RR
6%
__
High
Low
High
155% 156%
156%
4
Woolen
American
Low
Apr
92
Jan
61
—5
Chicago Corp common
Par
19%
Jan
6
110% 112
110%
4
common—
Sep
69%
850
A
53
Burrell Corp
Cherry
15%
210
9%
■
50o
liep preferred
25
87%
9%
—_4
Preferred
Prior
Sales
for Week
Shares
Week's
Last
,
$6
Central & South West Utii com
Sept. 18 to Sept. 24 both inclusive, compiled from official sales lists
'
Serv
Central Illinois Secur .conv
Boston Stock Exchange
'
Pub
Illinois
Central
10%
10%
,
10%
11%
1,700
%
%
1%
IOC
10%
11%
1,350
%
%
200
Feb
•% Feb
May
15
11%
%
Jan
Sep
.% May
11%
2
Sep
Sep
% May
Sep
% May
'
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4215
158
1271
OTHER STOCK EXCHANGES
Frlday
>"
Week's
Last
STOCKS-
Sales
Range
Sale Price
Par
-
Low
Cleveland Stock Exchange
for Week
•
of Prices
Shares
Range Since January 1
High
Low
Sept. 18 to Sept. 21 both inclusive, compiled from official sales lists
High
Hart—'.''
Miller &
2%
2%
3,300
11%
11%
25C
Modine Manufacturing common—
28 74/ 28%
Montgomery
t
v
2%
—•
c
Ward
46
common.—*
Co
<!*
6
*
6
46
1
Jan
8%
Jan
Lasi
3% July
12
STOCKS—
July
50
4
Feb
6
22
Jan
29
Jan
50
July
Sep
Mar
29
1,416
29
33%
20
25/
1
14
National Pressure Cooker
National
Standard
*
10
.—100
34
common
common
Noblitt-Sparks Industries Inc cap
Northwest
Airlines
Inc
1874
17
"■
common—
10
Brewing Corp of America
City Ice & Fuel.
Aug
Corp
Jan
(The)
_—-6
19
6 ','v
preferred
Penn
Pennsylvania
capital
RR
<fc
class
Co
Potter
Co
Pressed
B..:
(The)
28
200
56
1
8 %
May
4%
Jan
14%
Jan
25
Aug
2%
Feb
5
Jun
Jones
86 %
Jan
28%
57%
1,005
10%
Jan
33
46%
Jan
Jan
Jan
2% May
11%
33
82.;..
81%
4%
600
,
so
6%
/
Jan
13%
Jan
92
74
147 %
Feb
155
34%
Apr
40
Jan
3%
1,850
6%.., * 7
Schwitzer
11%-
11%
863b
90%
—V
.
I'
Common
—i..—
1,028
Spiegel Inc.
Standard
.
Oil
Indiana
oi
—L
Jan
7
Sep
50% Jun
Reliance
Electric
7;%
Jan
14
Richman
Jan
90%
20
17
3%
Packer
Sep
Co
<je
Swift
International
Texas
Thompson
Trane
(J
Co
U
S
Gypsum
United
U
S
1%
Co
'
14
495
16%
700
27 Vb
1,350
31%
132
50%
377
13
—20
50
15%
382
79%
Jan
82%
-
83%
72%
28%
31%
4
3%
.100
4
12
12
common.
#
common
Radio
Machine
Corp
Jan
20%
26%
Jan
40
«
80%
Jan
100
5% Jan
450
1%
12
Feb
100
500
> 5'A
3%
Jan;
5
208
34%
35%
58 Vb
■
3 5 7^
42
Feb
Jun
10
5
33
592
v
Jan
7'A
Sep
3074
360
'
.
Jan
3574
Feb
30
....
1 2%
100
9 74
Jan
15
July
574
574
100
4
Jan
V 7
Jan
16'/a
1
al474
*
95
121
7%
2,974
95
152
100
152
577
125
1%
*
—
60
1574
93
—*
—
1674
a
7%
—*
1%
225
a4%
a4%
5
.
a474
2,030
12%
al2
•
25
Inc
12%
;
/A-
80
12
al274
14%
Jan
18% Mar
:
—
.
3 74
Sep
152
Sep
1
Sep
274 May
Apr
—
—
Sep
95
Jan
15074
-
7 74
Jan
65
—
.
33%
726
42% a4274
49
a
1274 Aug
Jan
23%
60
a2874 a287s
•
8
222
33
a
33%
•
14
14%
14%
390
a9 74 " a9 74
3474 July
Feb
'
'
•
...
■
—
239
a36% a3C7/4
75
*
9%
—
—
20
Jan
Mar
•
.
'
—
Co
common
Rayon
York
Central
Oil
S
Steel
.
'
...•
r,
10
10
a40% a40%
160
*
a38% a38%
228
*
al9% al9%
*
a3974 a39%
..
common----
:
_*
common—-
80
72
17% al8
254
a
18%
100*
*
a
17% al8%
200
•
a53% a5474
176
a
*
common——
Steel
a38% a38%
common—*
common
common
Republic
U
Bronze
j.
a
19
BONDS—
W R I Co debenture 5%%
1944
101
101
$2,000
Watling, Lerchen & Co.
Sep
Members
Jam
19%
Jan
New York Stock
8%--Sep
6%
Jan-
4%
3.84C
6
1374 July
1274
4%-Mar
rr
Jan
300
70%
6
40% July
Mar
98% July
8%
69
Mar
9
*
common--——
July
July
A
3%
■
33
4% May
60
5
«
Apr
,
59% July
125% July
129
A
32%
—"
—
Rubber
&
Ohio
July
Sep
28 V
Jan
8%
5
A x 5
common
2
-
Tire
New
73% Sep
32% July
•
Jan
3%
■
"'7.2
capital
Jan
JanV
Jan%
119%
•V.'
65
7%
a22% a23
'
:j A «
common
common
Wrigley (Wm Jri Co capital
Yates-American
15
47%
41%
107
7%
32%
"
Works
Iron
Industrial
25% July
86% Jun
112%
500
Wieboldt Stores
—
7
1,900
27
97 VB
Zenith
14
Jan
16%
•
221
37%
common
Bankshares
Feb
Jan
59%
492
26%
*
Oil-O-Matlc
8%
71,389
41%
*
Products
Dorn
Glidden
53% July
'
10% July
r
50
7%
•
;
General Electric
Apr
8
59
;
54%
121% 1217A
._a
common
c
73%
28%.
53%- •••-.53
IlOO
common
Industries
35%
150
96%
Woodall
Jan
Jan
500
1674 July
Apr
113% Feb
*
——
Cleveland-Graphite
27% July
-
37
Wisconsin
Jan
;7.
Jan
8
v
40
107
Corp
Firestone
18% Mar
22%
42
'
Jan
29
;
1074
55
Unlisted—
14%
14V8
14% 7
22%
Westinghouse Elec & Mfg common. —50
Williams
Jan
350
10 V8
25
Weinberger Drug Stores———
Youngstown Sheet & Tube_'_^
Sep
July
July
38% July
Jun
Jan
*7
14
'
—
5
•
Inc
28V'4
m/V 724
>
Van
''
—i—
preferred
Western Union Tel
1
-
capital-
Transp
Utah Radio Products
Walgreen Co
12%
13
'
common.
cumulative
17
250
22%
capital—
common
Lines
Air
Steel
Jan
35%
13%
--
25
Trancontinental & West Air Lines. —5
Union Carbide & Carbon
3
17
1474
1074
New York Curb Associate
Exchange *
Detroit Stock Exchange
Apr
Chicago Stock Exchange
70% Mar
(
v7% May
37% July
Ford Building
DETROIT
Unlisted StocksAmerican Radiator & St San
Anaconda
Copper
•
com-
'
25%
Curtiss-Wright
,
•
Co
•
(Glenn
L)
Nash-Kelvinator
Co
•-
'•
•
Paramount
Pictures
Inc
Co
(The)
capital
Oil
Republic Stopl
Jun
31%
Apr
45%
Jan,'
60%
440
55
Jan
7%
475
6%
Jan
9% May
1,865
30%
Jan
39% July
9% Apr
39
Sept. 18 to Sept. 24 both inclusive, compiled from official sales lists
18%
1,110
May
6
Jan
•
—
•
—
15%
Jan
30
26%
Jan
18%
480
9%
Jan
11
2,300
5
Jan
17%
•
20
690
235
10%
10%
_
Jan
28
35%
17%
!>
lOVa
26%
„
Corp common
Detroit Stock Exchange
Jun
50
310
35
.
common...
May
15
17%
17%
•
common
16% Aug
6% Jan
24
1,280
8%
18
500
14
Jan
July
July
May
12 % May
20% July
Friday
Last
40
STOCKS—
26%
28%
887
59%
60 %
486
12%
12%
1,300
44%
46%
17%
17%
common
Studebaker
1
Corp common
Rubber Co
123 a
—10
common
Yellow Truck & Coach class B
1
17%
"
Sale Price
Par
Baldwin
Mfg common——-——
Add Machine—
26%
Sep
28%
Sep
6014
Sep
Burry
5%
Jan
13%
Jun
Chrysler
505
25%
Jan
46%
Sep
Consolidated
568
12%
Jan
18%
Sep
Corp
Paper
Cleveland
&
Detroit
Edison
Detroit
Exchange
Gray
Nav
14%
1
__
—1:1
—
3%
2!%
common
common
Iroh
__
10
common
common
3 74
5
——-
Cunningham Drug common—
Detroit
—
—12%c
common
Milner
Crowley,
Cincinnati Stock
Sales
for Week
Shaies
—
10
3%
20
—
21%
5
common—
6'A
28%
13%
Low
6%
14
900
210
1,135
4%
21
9%
High
7% May
Ja.n
Jan
30%
Jan
15%
4
Jun
3'A
200
75c
Jan
83%
83%
165
68
Jan
83% July
14%
14%
100
12
Jan
15
5%
5%
800
4%
Jan
3%
3%
800
1
Jan
21
500
20
Sep
21
4
4,125
3
Jan
5
21
3%
21
21%
1,270
July
Apr
7% May
I
4% July
Sep
Apr
22% July
1% Apr
17% Jan
Jan
1
200
70c
3%
„
Jun
3'A
1
„
Detroit-Michigan Stove common.——1
Range Since January 1
High
28%
„
*
Continental Motors common——.
Biscuit common
__
v
Burroughs
Jan
■.
Range
Low
1
Rubber, common.—.
46%
'
Week's
of Prices
19 y4
Briggs
«
S.
Apr
18%
Standard Oil of New Jersey capital —25
U.
July
Brands-
Standard
New
65
69
/•;
13
8%
*
Radio Corp of America
11%
Jan
12%
'i'
12%
»
common
capital
Pure
Jan
'
5
Pullman
6%
24%
370
38%
38%
common
Corp
York Central RR
New
:
840
1,655
62%
18%
Interlake Iron Corp common
Martin
•/■
10%
26%
7
•••
Electric
General
Telephone: Randolph 5530
9%
58%
"•
■
25%
60%
■
—50
Mining
Atchison Topeka & Santa Fe com— .100
*
Bethlehem Steel Corp common
3%
200
2
Jan
4%
8%
8%
100
4%
Jan
9
15%
15%
250
5%
5%
150
4%
5%
3,280
Apr
Sept. 18 to Sept. 24 both Inclusive, compiled from official sales lists
Week's
Friday
Last
STOCKS—
Par
American
Low
i)
Aluminum Industries
•'
Baldwin Locomotive Works—
6%
<>
Cincinnati Street——
50
774
73
...
——
—^——
Found
Investment
Gibson
preferred
General
Finance
General
Motors
Goebel Brewing common
23 74 July
Graham-Paige
6%
46
21%
20
10'A
112
9974
43
774
8
227
72%
7%
Jan
11
Jan
Jan
9
Jun
Jan
60
30
Houdaille-Hershey
Sep
874
Lock
Hurd
Hatfield
preferred——
prior
Hilton-Davis
class
Hobart
preferred-__
-
.
-
...
Drug
Masco
Screw
2.50
.
Pumps
Procter & Gamble—-——
•
57 Va
Playing Card
Printing
Preferred
10
—
.
3% Mar
Jan
13% May
Michigan Die Casting common
75
1674
Jan
35
Michigan
Apr
Jan
53
May
60
Sep
6
20
Jan
30
May
_
.
..50
974
30
7%
974
Jan
25
Mar
37
Jan
43
July
31%
32
229
24%
Feb
3274 Mav
r
McClanahan Oil
\
Mlcromatic
City
Rolling Mill-.:— lAj-
General
Standard
56 Vb
5774
144
48%
Jan
58
314
274
Jan
8
Jun
30%
3
38
Jam
Jan
Jan
42% July
774 July
50
May
14%
.
—
Brands
see
14%
4%
52%
.
_
page
1275.
70
10%
Jan
50
1074
Jan
■
4%
52%
_
*
_
14%
26%
2774
1474
5
5374
28 74
249
248
150
2
44 74
27 74
Jan
Jar.
Sep
16V4 July
1574 Aug
574
Jun
Mfg commonSimplicity Pattern common
Stearns
B
1
common
—
Udylite
U
S
—
1%
1%
2,600
15%
15%
165
9%
9%
100
58c
59c
750
64c
64c
200
1%
1%
21c
1%
1%<
5%
C v
100
3,200
>750
175
2
Apr
Jun
4% May
Jan
56
July
3% May
44% Jan
1% Jan
83c
2% May
Jan
9%
16%
Jan
4%
11% July
Jan .<■».
Feb
83c
Apr
75c
Apr
1
13c
1%
5%
Jan
Jan
Jan
Sep
5
500
4%
155
11%
360
29%
29%
2%
Warner
2874
Wavne
Aircraft
Screw
'{v
300
2%
200
13%
13%
140
4 '.
__
600
2%
775
1%
1%
650
16%
16%
100
100% 100%
1%
__
4%
2%
„
61
2%
2%
1,401
2%
2%
1
3%
3%
3%
150
174
1%
425
1
1 %
1%
1%
1%
4
4
1
;
B
common
Products
283
1,300
•
common
Cooler
1%
3
6% July
18%
common—
4
100
750
100
Jan
Jan
Jan
1% Jan
10% Jan
2%
1%
1%
13%
100%
lVa
Jan
Jan
Jan
Jan
Feb
Jan
2% Feb
1% Jan
Jan
Aug
4
Jan
68c
1
Apr
11% July
5% Jan
28
76c
2%
Apr
Jun
7% Mar
Jan
10%
1% July
28c
Apr
16
1%
Jun
Jan
51c
49c
5
2%
Jun
6%
3% Jan
16
2%
—
100
1
common
Radiator
Universal
1
*
common
—
Tivoli Brewery common—
55% July
Sep
Tube
(Fred'k)
Preferred
1
:
2%
*
10
common
Sheller
Standard
__
2
River Raisin Paper common———
35
165
May
6
Jan
10%
5
..
1
common
Scotten-Dillon
July
Sep
146
205
1,314
2%
5%
„
29 %
common
474 Mar
229
3%
53%.
2%
18c
1%
—
Pr
3
9
...
common
Mtl
W.)
(H.
Jan
774
13%
Davis
Peninsular
Feb
10
Gas
Motors
For footnotes
—25
Parke,
Rickel
•74
4874
1%
10
1%
3974
1
..5
700
6%
__
—-_1
common
common.....;
common
1,419
4678
1
10
—
1%
39%
9
Ice & Fuel
Columbia
_
Corp
__
..1
4%
Unlisted—
American
Hone
Wheel
Motor
preferred
Sugar
__
1
1
common
%
6
3%
52%
3%
Sep
24
7%
.
Jun
25
20
46%
_
—
common—.
7
Jan
24%
6
a
_
—
Products
Mar
40
1
9
Rapid
S.
'—
common--——
7%
—
•
com
5
40
3
-
9
National
S
31%
—
Magnavox
U
9%
■
9
Manufacturing
2%
2474
;
—
Kroger
U.
\
5:7;.
>#
A
&
Kinsol
Sep
.23% July
Murray
12
—
*
—
286
.
274
1
——
B
Hudson Motor car, common—
\Jun
74% J+Ux-
5
.....
—
1
100
60
30
3%
10
common....
common
4%
16%
13 % Mai-
July
10074
Jun
974
Sep
285
6%
374
3074
•
5
8
10
30%
.
1774
81%
Jan
490
12
—
Sop
60
874
11%
9
6
73
20'A
—
—-1
common.;
11
2874 July
874 July
30%
100
....
Art
3
Jan
3%
«■
Insulation
common
Jan
11%
Eagle-Plcher
Formica
Gar Wood
5%
6%
-
<■
Drug
High
2074
8%
-a-
'
Crystal Tissue
Industries
__
*
60
1974
v:J *
—
Dow
common
160
6%
8%
-5
common.
Truck
11
72%
♦
(Dan)
Cvosley Corp
Motor
27
10
100
50
Telephone......
LOW
'
21%
' •
or^ferred.100
Cincinnati
Mogul
Federal
High
99
{
_
...
Federal
5
Range Since January 1
10%
*
.
Cincinnati Gas & Electric
Shares
26%
20
...8
...
Champion Paper & Fibre——
Churngold
Cohen
■
—
Laundry Machin——_
Sales
of Prices
Vacuum common——1
Eureka
for Week
Range
Sale Price
.
Sep
Jun
8%
Jan
49%
50
2
common.AAA-—
R>
(The)"common
Jan
1%
26%
27 Ye
25
'
3
16
:
15
capital
capital-
Corp
20
31%
25
capital-
150
7
1874
181
Standard Oil of Ohio
13% July
27% Apr
950
35%
35%
17%
3,000
16 %
.'
Jan •'
Jun
July C
Jan
127
„•
A—
•—
Apr
1074
14%
.
Jun^
*
—
Apr
May
2%
7
12%
capital- —2D \
Stewart Warner Corp common
—5
Sundstrand Machine Tool common. —:5
t>wut
2%
9%
Mk
565
4574
—•;
Bros.
10-
A
574
J.
15
40%
———
Jan
8%
7%
•
2%
...
_
-
1,800
-
Jan
14%
,i
—
——.
Mar
Thompson
200
12%
22%,. 23
2
common-
Preferred
Standard
.
15%
11%.
12%
5
common
Dredging
15%
*
Sinclair Oil Corp—
—
South Bend Lathe Works capital-
Tile
LeMur class
59%
,.
»
10%
a43%
—
new
preferred
Nestle
1%
100
-
8%
National
Signode Steel Strap
a
Refining,
5
9C
High
:
'i
Feb
»
30
a4174 a41%
—*•.
.
42:
250
.
49%
'
63
a39%
—
Acme
National
Mar
10
49%
-1
National
Mar
2G
37
St Louis National Stock Yards cap.—4
Sessions
Medusa Portland Cement
Jun
:152
3%
6
Lamson &
Prior preferred 6%
70
282
115% 116
100
—
474
;
May
152
152
Steamship Laughlin
Island Lime & Tr„—
Kelly
61% July
12% Jun
M 100
\ 2
;
23%
297.
.
a40
•
—
&
■*'.
_•
Hanna (M A) $5 cum preferred—
Harbauer Co „;
—1
17% Mar
100
—5
...
Interlake
Jun
Feb
14%
LOW
5%
1374
10%
*
i
common-—
Preferred —
50
37
—100
Sears-Roebuck & Co capital
Sep
70
11%
si y2
>
Packing common—il———10
Raytheon Mfg Co 6c/o preferred———5
Rollins Hosiery Mills common—
;-4
capital
99%
Bros
Range Since January 1
High
60
a
•
—
Shares
V
1474 a1474
63
-.
Goodrich, B. F
Goodyear Tire & RubberHalle
400
27%
Rath
Cummins
Jan
100
2
Quaker Oats Co common—.—*.--*.—*.
Preferred
22% July
140
10%
preferred
Manufacturing
2,900
57%.
.*
—
*
-i—
preferred—w—
100
Eaton
15% July
Jan
81
common—i——1
040
„5 *
3%
-•
80%
100
Steel Car common——.
Apr
Jan
16%, 17
50
Peoples Gas Lt & Coke capital
Poor
81
A————10
class
Iron
Chemical
24%
3%
——100
.
Electric Switch
14%
9
7%
July
23% July
10%
a-
750
1,150
,
Low
5%
377/a July
6%
24%
Cliffs
Dow
July
Jan
-
:•
l3
—;
Cleve Corp common.—
Commercial Bookbinding-—-—
Sep
:•!
8%
99%
..
common——10
common
Co
Pen
38
23%
98
Parker
10
Jan
50
Prior lien preferred*.——-—-—100
Peabody Coal Co common Bi-——5;
Jan
150
15%
Omnibus
4%
26%
2,800
21%
15'A
14% May
18%
15
7%
9% Jan
200
21
20
Utilities
-
50
preferred—_100
Northwest
4
35%
.
19%
Northwest Bancorp common—.———*
300
34%
,
35%
5
20
Car common
North American
14
'•
Par
of Prices
Akron Brass Manufacturing---——_50
Cleve
Cylinder Gas common
i
Sales
for Week
Range
Sale Price
•••"
Jun
IOC
50
29
Muskegon Motor Spec class A-——
National
Week's
Friday
stock
prior preferred—
—.10
Minneapolis Brewing Co common
al
Common
SI
32
May
1% July
3%
Jun
3%
Jun
.
14%
Apr
4%
Jun
2% July
2% May
16%
Jun
100%
Feb
2'A
Sep
3% May
3%
Jun
2% May
1% Mar
5
Mar
THE COMMERCIAL &
1272
FINANCIAL CHRONICLE
Monday, September 27, 1943
OTHER STOCK EXCHANGES
Last
Friday
Week's
fefe
Sale Price
STOCKS—
Bandini
Petroleum
Inc
50c
,
Corp
1.55
:__fe.fe
Preferred
Oil Co Ltd class A_
Exeter
& Merchants Nat Bank-
Farmers
General Motors Corp common
General Paint Corp Common..
Oil Co
Hancock
Petroleum
Lincoln
Los
Mfg Co
Pacific
Electric
&
Gas
Pacific
Western
Oil
Corp
43
9%
1%
__
5
9
•
fe,
9%
150
1%
Sep
v
fe
Curcis
Sep
General
55% July
7% July
14
41
45
Mar
2% May
46c
July
4.407c
24% Mar
1st
13%
2nd
1.15
1,800
97%c Jan
1.80 May
40c
49c
35c
5,8/5
50c
40c
Jan
Feb
Sep
4% Jan
30%
Sep
36 %
Aug
Transit
al5%
15%
90
18% Aug
United
Jun
48%
__
—
—
-
Cons Chollar G & S
Mining Co
6%
1.25
6%
1.25
10
-1
Gold Mining Co
Juneau
Alaska
Gas
v
6%
1.25
,
165
100
Smelting & Refining
American Tel & Tel Co
American
Co—*
a39%
100
al56%
14
Anaconda Copper Mining Co
50
Armour & Co (III)—:——
i
5
Atchison, Topeka & Santa Fe Ry—100
Atlantic Refining Co—
25
Aviation Corp
3
Baldwin Locomotive Works vtc——13
Barnsdall Oil Co
i
5
Bendix Aviation Corp
1'—
5
Bethlehem Steel Corp
*
Boeing Airplane Co—
-~i
5
Borden Co
15
American Viscose Corp.
—
-
Co
Tractor
Solvents
Commercial
Company
Commonwealth & Southern Corp
__
Aircraft Corp
Motors Corp..
Vultee
Cons
Continental
Zellerbach
Crown
Corp
Curtiss-Wright Corp
Class
A
—
.___;
■
General
Electric
General
Foods
Goodrich
feilfefefefefefe
;
3% Jan
85c Jan fe
*
*
Copper Corp
Libby, McNeill & Libby.—
Loew's
___7
•
Inc
Montgomery Ward & Co Inc
York
New
Central
__
_*
RR
*
49%
4%
15%
27.-;fe
IS
14%
5%
15%
7%
vi-
al4%
a5%
15%
7%
—
—
15%
7%
al8%
a27%
19
38%
41 %
45%
27%
38%
—
41 %
43%
—
6%
39%
131%
32%
24%
3%
48
Jan
Aug
Feb
Jan
Jan
Jan
Jan
21% Feb
3% Jan
v
55
268
145
;r:;75
1—
31% Jan
35% Jan
36% Apr
5C fe
28
Aug
31
7%
37
Sep
30 % May
6%
Sep
10
May
24% July
22% Julv
13
July
17%
18%
1,180
10% Jan
10'%
10 %
300
17%
__
17%
Pullman Incorporated
*
Pure Oil Co
•
17%
17%
17%
20C
9%
10%
12
2%
15%
24
23
33%
12%
•
10%
10%
11
780
5,
al7%
18
185
American Aviation,
North
American
North
Oil
Ohio
_1
Co
*
•
Company
Car
Co—
Pictures
Inc.:
Motor
Packard
Inc.
Paramount
»
______
Pennsylvania Railroad Co.
Phelps Dodge Corporation
Radio
50
25
of America
Corp
1
Steel Corp
Roebuck & Co
*
Socony-Vacuum Oil Co
15
Republic
Sears,
•
Southern Ry Co
*
Standard
Brands
Standard
Oil
&
Webster
Studebaker
Swift
&
__
a 18%
__
Inc..
25
25
*
Corp
1
Co
25
4
27'
__
405
19
3%
__
27%
155
f
525
252
a27%
28 %
145
23%
__
a23%
23%
170
a34%
__
24%
1.25
Sep
35
80
31%
27
6%
19% May
19
69
Arkansas
Natural
Preferred
Byers
(A M)
Columbia
4%
Jan
Feb
60
184
28%
47%
12%
__
a27
__
9%
70
12%
355
27%
70
&
Pitt
Corp (The)
25
Associated
Water
Oil
Co
10
Union Carbide & Carbon Corp__—..._*
Union
Pacific
United Air
Railroad
Company—_100
Lines Transport
United
Aircraft
United
Corp
United
States
Corp
5
;
5
(Del)
Rubber
.»
Co_.
a50
—
14%
a83%
a97%
97%
a28%
28%
a32%
•
Warner Bros Pictures Inc
45
Lone
Western
Union
Woolworth
tr
f
*
Telegraph Co__
Motors
Inc..
Company (F W)
r,-r>,V
1 iT
I
100
1
10
.>75
9% Jan
__
__
a39%
40
22
:
fe
n
Jan
%
144
2%
781
63% Mar
27
2%
Yi Jan
1,047
sa
17%
Jan
2%
2%
22,037
1%
Aug
2% May
34% July
Jan
775
Apr
1% July
Feb
Jan
2%
Sep
Week's
National
for Week
Low
Jan
31 %
Jun
3%
3%
10
1%
Jan
5%
Jun
9%
9%
9
8%
Feb
fe fe 10% July
8%
8%
102
6
Jan
11% Jun
14%
-r'.*
''■
——i
40
10
Jan
4%
fe fe: 275
2
Jan
16%
122
15
Jan
17 % May
13% fe
610
Jan
14% July
13%
—
13%
Screw
&
Bolt
Co
-V
Sep fe
Jan
8
July
50c
200
25c
Jan
95c
Mar
38
165
31%
Feb
38%
:
50
300
37%
Feb
50
Aug
Sep
93%
25
84%
Jan
97% July
4%
Jan
3%
Jan
5
'/
;
.
5%
180
fe 5%
8%
8%
;':j •; J
58
80c
300
36
80c
900
Jan
V
6% Apr
9% May
,
Feb
25c
10
58
58
Sep
90c
fe
Aug
9%
9%
100
9 %
Jan
9% Mar
21%
22%
272
fe 15%
Jan
24% May
preferred—10
21%
*
Brake—
Air
Westinghouse
3
July
18% July
9% Jun
50c
~5
1
—
8%
933
660
8% July
Jan
'
100
v
Oil & Gas 6%
Shamrock
8%
7%
Sep
Jan fe
50
50
•
Corn
13%
Jun
93%
>;
37%
Pittsburgh Steel Foundry common——*
Preferred
1%
59
16 %
5%
37%
50c
:*
100
25
preferred—
7%
1,635
3
2%
16%
8%
13
7%
7%
i
—'
3
8%
Brewing
17% July
14%
4%
fe 16%
14%
fe^ fe
7%
Pittsburgh Coal Co preferred—:
Pittsburgh Plate Glass
High
fefefefe
27%
18%
i. k
*
Corp
Range Since January 1
fefefe Low
High
250
8%
Fireproofing
Shares
28%
7%
Pittsburgh
Renner
Sales
Range
of Prices
St. Louis Listed and Unlisted Securities
Jun
15% July
25% Aug
1 Vb May
20%
Edward D. Jones & Co.
Established
Apr
7% May
9%
1922
705 Olive St., ST.
15% Aug
Apr
LOUIS
Members
•
New York Stock Exchange
1 r
39
41
Chicago 8tock Exch.
Jun
.
Postal Long Distance
Chicago Board of Trade
Bell Teletype 8L
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
39% July
28% Aug
-Phone
CEutral 7600
8t. Louis Stock Exchange
July
693
Mar
16% Mar
Apr
8%
63 %
St. Louis Slock
Jun
July
48% July
20 % Apr
Sept. 18 to Sept. 24 both inclusive,
rl
Friday
Apr
Last
18% July
27%
Jun
19%
Aug
July
86
Sep
15
July
8
Sale Price
STOCKS—
Century Electric Co
——
Columbia Brewing common
Dr
Pepper common
Ely & Walker Dry
Falstaff
Brew
Goods common—.25
common—
common
preferred—
Huttig S & D
—10
5
*
Hydraulic Pressed Brick pfd
1
*
*
100
100
*
Apr
International Shoe
Key Co common
*
Laclede-Christy Clay Prod common—5
common
Steel
Laclede
common—
Supply common
*
Portland Cement common—25
common
50% Aug
15% July
„2nd preferred
Rice-Stix Dry Goods
84%
Apr
St Louis Bank
Aug
common—:
Building Equip com
Louis Publit Service common A
70
28%
80
227
18% Jan
28
27%
Jan
39% May
Sterling Aluminum common
10C
32
Jan
2% May
Stix, Baer & Fuller common
St
45%
25
33
Mar
44
Sep
53%
325
48
Jan
59
14%
75
Inv
common—.—
*
3
1
—*
Week's
Range
of Prices ;
Sales
for Week
Shares
High
27
12%
19
27
12%
,6
14%
19
27 •
12 %
—
27
.
60
27
6
__
—
6%
__
6%
7% Jan
12% Jan
23
Jan
6%
6%
100
100
6%
491
6%
36%
5%
6
6
>/
290
5%
„
15%
39%
—
__
—
1964
—
1941
„
4% Feb
5
Jan
15% Jan
17
15%
20
14% Jan
74
12% Jan
39%
107% 107%
8%
8%
772
30
1st mtge 5s__1959
28% Jan
75
55
17
15%
35
10
__
190
-
98% Jan
3% Jan
16%
—
—1
10
15
37
7% Jan
17
Jan
5 V3 Feb
16%
2%
10
__
High
low
3% Jan
50
20
125
20
540
10
,
—
„
Range Since January 1
60
11
—
16%
~
10
9%
30
9
18
60
31
20
2%
10
30
10
10
70
200
31
230
14% Jan
103
Jan
6 % Jan
2 July
8 !\ Jan
21
Jan
- 6 A Jan
6%
11%
Jun
Sep
21
July
27
Sep
13
July
27% July
7% July
100%
Sep
7% Apr
38% July
6% Mar
7%
Apr
18
Mar
20
Mar
16% July
40
107%
10
Sep
Sep
Sep
2% Mar
11%
Jun
30
Sep
12
July
July
al4%
Securities
*
100
98%
33
1%
20
Exchange
compiled from official sales lists
Low
Par
Jun
53%
"
__
30
1%
10
*
Missouri
82% Aug
30
'
34%
Midwest Piping &
245
38% Jan
48%' Jan
10
26% Aug
350
35
40
;
Gas
9% July
13
May
Jan
40%
57 Va
1% >'13,8
1
——
Refractories
7% Feb
5% Jan
42%
40%
Fuel Supply
Star
Apr
5
a45%
__
5
Willvs-Overland
14%
83%
5
Jun
July
1%
—
10
United States Steel Corp
83
50
22% May
33%
10
Steel
Brewing
Walker
Harbison
National Candy
Texas
Tide
Jan
1%
5
Duquesne Brewing „i_—_——
Jan
Feb
Feb
14%
34%
10
——
36% July
59 % July
24%
Sep
75
%
common—_•
Electric
Oil
29%
52
8%
43%
26%
56%
:
*
common——
Gas
Devonian
Hussmann-Ligonier
210
30% Mar
Jan
Jan
40%
*
T—
20% July
35%
33% July
Jan
2%
8
—100
/
Co
Blaw-Knox
Griesedieck-West Brewing common
Jan
Jan
22%
16
13%
56%
common.—*
Co
121/4 May
16%
a9%
Gas
Tan
190
26%
19
fe-i 8%
162
fe
Allegheny Ludlum Steel—:.;.—
15% Sep
29% Sep
Aug
60
__
July
34
264
25
27%
Jan
435
38% July
31% Apr
23% Aug
35%
__
Apr
Jan
Aug
951
32%
27 %
27%
Far
July
14%
17%
32%
17%
Sale Price
May
23%
28
Jun
5
89%
a27%
„
Jan
July
21
Jun
17%
~Feb
14
;
■■fev.
Pitts
6
64% July
Jan
14% Jan
59% Jan
10 % Jan
87%
—
__
Jan
Jan
Jan
14
a87%
Jun
14
Jan
25
Last
Follansbee
Jan
23%
__
•
Company (Indiana)
Oil Co (N J)
Standard
Stone
Inc
__
20
Friday
Fort
6% Apr
5% Jan
Apr
16
.
STOCKS—
39% May
575
54
34% July
33%
14%
2%
Sep
7%
36% Feb
Jan
30% May
226
Sep
32%
:
_*
Sep
36%
36
20
114%
117% 117%
distribution
Jun
32
fe 35
170
25
26% Aug
120 % Aug
Sep
Sep
50
Apr
9
6% Jan
30
Jan
63%
Apr
23%
25 5%
33
25% July
75
60
Sep
16%
3,377
21
24%
_*
common.—.
32% Aug
lir
245
45%
21
12,010
20
25
Pittsburgh Slock Exchange
14%
31
a60
2%
Sept. 18 to Sept. 24 both inclusive, compiled from official sales lists
31%
a45%
8% May
7% Jun
Sep
July
7%
31
Jan
2%
13
30%
„
Apr
23%
175
Jun
al4%
30%
a30%
Sep
32 %
1,747
2%
July
34%
Jan
—
5'/4
I
28%
39
43% July
156% July
12% Feb
13
Jan-
14,008
27
11%
35% July
58 % Sep
130 fefe 15% Sep
121
28% Aug fe/v
60
42% Jan
125
2
Jan
80
9% Jan
15
22% Jan
100
% Jan
55
14% Aug
2C
4% Jan
125
15% Sep
335
7
Jan
29 %
4%
al5
a27
a41%
*
Corp
Tel & Tel
15%
29%
a43%
*
17%
348%
„
•
—
Co
International Nickel Co of Canada
Kennecott
__
298
104
441
145
495
4
119
83
450
80
110
-205
95
17%
36%
60%
15V2
a58%
•
Corp
Co—
16%
a 17
>—
a
10%
41
156%
49 %
25%
6Va fe,'.
62%
27%
4%
%
36
58 %
al.6%
•
—
•
Great Northern Railway
International
4%
1
_
Co
F)
(B
a27
__
—
*
25
*
1
1
5
1
a&%
a60%
0
Corp—
Edison
Commonwealth
fe,
—
*
:
_
Corp
& Electric
Gas
25%
25%
—
-—•
Caterpillar
155%
a49
—
.
Columbia
10%
39%
—•
Jan
5%
5% Mar
:
& Std Sani Corp
Amer Rad
Jan
2%
20%
25
Improvement—
Ex-stock
Mountain
Stocks—
Unlisted
Jan
3%
46% July
42
__
,
4%
45
686
2%
..
Stocks-fe
912
7%
11% Juiy
7% Jan
—
Mining
Sep
42% July
56 ya July
9% May
3%
common———25
——
—
___
44%
Jan
Jan
4%
28
participating—
Corp
United
Apr
>
preferred
$3
6%
A
Invest Corp
Preferred
44% July
—•
3%
3%
3% Jan
44% ,45%
82
35% Jan
39% 40
100
32
Jan
a25%
25% 25%
fe". 67
17%' Jan
Signal Oil & Gas Co class A—
—__
39
39
fefe 100
22
Jan
Sinclair Oil Corporation
.—_*
11% 12% fe: 1,958
7% Jan
Sontag Drug Stores
fe
* fe- ._fefe
9
9
107
4
Jan
Southern Calif Edison Co Ltd
—25
24
24
24%
1,694
21% Jan
6% preferred class B
25
—
32% 32%
655
30
Jan fefe
5%% preferred C._
25
31% 31%
329
28% Feb
Southern California Gas Co 6% pfd_25
36% 36%
30C fe 33
Jan
6% preferred A
,—25
-fefefe; 36'/a 36%
337
32% Mar
Southern Pacific Co
*
26%
26% 27%
1,935
16
Jan
Standard Oil Co of California
•
38% 39
1,665
28% Jan
Sunray Oil Corp
1
6
5%
6%
6,181
1% Jan
Transamenca Corp
2
»■
8%
8%
2,320
6% Jan
Transcontinental & Western Air—.—5
—
a22% 22%
5
19% Mar
Union Oil of
California
25
20%
19% 20%
2,159
15% Jan
Universal Consolidated Oil Co
—10 1
11% 12%
315
•
8% Jan
3%
a44%
1 f
*
—
Security Company
———_____30
Shell Union Oil Corp__^__——
15
Jan
33%
27%
5%
Apr
44
30
—
Class
30% Jan
34
Jan
18
July
2.10 Jan
43% Jan
6
6%
fe
May
85% July
7% May
Jan
16%
112
8%
10
10%
fe 6%
7%
6% :
♦
Tacony-Palmyra Bridge—
23% Jan
2,075
3
550
750
Corp..*_
Mar
191
230
45
6%
Oil
9
300
50
10%
v-:
8
—50
50
1
_*
Sun Oil
658
5%
1%
209
50
May
6%
a50
10%
396
Feb
Jan
3
6% Jan67% Jan
1,024
pfd.25
*
3
common
60c
35%
42%
19%
"
7%
54
■
_100
——
Scott Paper common
30%
—
RR
Dome
6%
••
49
43
new
preferred
preferred
35%
a41%
al9%
__
83%
44%
__ou
2%
;
preferred
Reading
30%
fe
82%
52%
1
Corporation
6%
—
105
Jun
Salt
Jan
100
41%
•
Philadelphia Insulated Wire-
16% Aug
8
Jan
11%
27% July
25
6%
8%
44V4
L j.
—_•!
50
Philadelphia Electric Power 87c
Philco
12%
25%
6%
common-*
preference common
—_*
$1
35,' July
52%
Corp
Philadelphia Electric Co
New
19% May
8%
'
Sep
Jan
6%
•
15% May
158%
17% Mar
41%
Light
Traffic
363
■
&
Pennsylvania RR
Penn
July
Sep
10% July
Power
Pennroad
25%
11% Mar
23
l
10
National
Aug
30
'•
•
,
•
Lehigh Coal & Navigation
Lehigh Valley RR
440
17%
•
Battery
66% July
11% July
Feb
Jan
Jan
11%
25%
•
Motors
May
242
16%
*
50
Jan
Jan
Jan
_»
—
preferred '
8
127%
29%
10
common
High
441
16%
common
Storage
1.05
1.15
Co
Electric
13%
27c
Co
Low
202
50
5
Jan
17%
35c
Mfg
Co__
22 %
13%
36c
__
Pub
Prior
10% May
G)
Range Since January 1
15%
155% 156%
156%
C'nrysler Corp
35c
500
10%
700
36c -fefe 1,200
18%
383
35c
10%
1
50
:
Safeway Stores Inc
(E
Wheel
Shares
High
14%
13
v t c
preferred
Asphalt Corp.—„__L
Budd
Budd
77% Aug
4% Jan
IS Jan
14c Jan
6% Jan
110
Barber
Jun
53 V2
Jan
336
26% Jan
818 fe. 34 • v.Jan fefe
13%
40%
45
'
Jun
Works
Securities Corp
July
30%
:—_*
common——
Ryan Aeronautical Co
■
...13%
40
—:—10
Corp
_
Oil
—
25
pfd
1st
2.05
Bankers
Low
15
100
Baldwin Locomotive
28%
.
Feb
7/4
20
405%
44%
Tel
&
Sep
14
<
3% Jan
63
Tel
Sales
for Week
Range
of Prices
Par
•
15
•
Petroleum Co common
preferred
_
_
5%%
Richfield
37
a440
440
53% 54
7
7
37
45
25
_.
Public Service
Pacific
Republic
680
1,000
8
792
500
183
v
American
25
common—
preferred—
1st preferred———
5%%
50
11%
__
___1
.•
Clay Products——
1st
6%
60%
13%
1
Oceanic Oil Co—
Pacific
60%
__
1
10
Corp—
Angeles Investment Co—.
Menasco
6% Jan
19% Aug
fe/fefefe ■
Jun
2.00 Mar
fe
American Stores
5
68% Jan
37
10c
Co-
Aircraft
Lockheed
85
1,170
895
1,000
1
Lane-Wells Co—
4% May
Jan
9
20%
7%
10c
Intercoast Petroleum Corp_j„_
53%
11
—1
Hupp Motor Car Corp
400
790
35
28
1.55
13%
28V2
84%
*
Co..i
19
:
Feb
Jan
Feb
Jan
Jan
Jan
Mar
8%
*
Co
A—
common
Car
Motor
Hudson
Rubber
Tire-&
Goodyear
12,000
5X\
136
15
425
2.00
47C
20 V«
1—*
*
McBean & Co__
Gladding,
1.80
3%
- 7
1.35
75c
7%
23%
3%
81%
a60%
4
1
100
10
*
'
High
Week's
/.
"ife fefefefe fe'fe-fe LUSt
fe v Sale Price
•
6TOCKS--
January 1
Low
7%
——•
Douglas Aircraft Co—.—
Electrical Products Corp
Range Since
Shares
High
20%
a81%
-
America————.-—-1
of
Creameries
a27%
53%
__
fefefe,fe::
8%
*
*
—
13%
__
—5
Corp
Consolidated Steel Corp—
1.95
1.50
—
_
Chica Oil common
Broadway Department Store Inc
Chrysler
4%
,.14%
14%
2
A—1
com--*"
California Packing Corp common
*
Central Investment Corp—
100
Diamond
Blue
Bolsa
3%
5
—__l
Company
■
of Prices
—
Barker Bros Corp common
Sales
for Week
.
;
Range
Low
Par
Accessories,
Sept. 18 to Sept. 24 both inclusive, compiled from official sales lists
inclusive, compiled from official sales lists
fefe Friday
Aircraft
Philadelphia Stock Exchange
Angeles Stock Exchange
Los
Sept. 18 to Sept. 21 both
a7
38
7
39%
39%
38
7%
Jan
15% July
Sep
35% Aug
2% Jan
38
60
8%
Jun
50
36
40%
Jun
227
Mar
Wagner
Electric common-.
St Louis Pub Service
25-year convertible
Scuam
Steei
as
income
—
31
99% .99%
66% 63%
91
91
$1,000
800
1,000
6 /2 Feb
24 ^ Jan
90% Feb
53
Jan
85
Feb
10% July
32
99%
71
July
Sep
Mar
95% July
Volume 158
THE COMMERCIAL; & FINANCIAL CHRONICLE
Number 4215
Montreal Stock
Canadian
1273
Montreal
Exchange
Funds
■
Sepl. 18 to Sept. 21 both inclusive, compiled from official sales lists
Vy
Curb Market
Canadian Funds
Sept. 18 to Sept. 24 both inclusive, compiled from official sales lists
'
Friday
Week's
Sales
Range
Sale Price
6TOCKS—
Glove
*
of Prices
tow
Acme
Shares
5%
13%
Low
13%'
Algoma
Steel
Preferred
*
common
common———_—•
Aluminum Co of Canada
Asbestos;
Breweries
•
&
Telephone Co
60'x
685
101%
101% 101%
200
Feb
82
104
100%
24%
100
109'/a
13%
25
21
158
158
Jun
11
Jan
•
July
co
A
Sep
133
Sep
■
Feb
May
25% July
Jan
21
118
100
Sep
Feb
109%
Sep
12% Mar
650
15%
Feb
158 %
116
141
Jan
158%
Sep
P—.
_*
26%
26%
27%
7,086
14%
Jan
28%
Jun
Power Class A.1—*
28'A
27%
28%
135
23%
Jan
29
B
Class
.«.*
•
——
Bruck Silk Mills.,
4%
4
—_*■
— —
.*
•
5,985
8
17
130
18%
1,803
8%
2
125
16%
.
'5
_
4% A
8
■;
18
-.',17
Preferred
Bathurst
„
3,875
•>.
July
5% May
Jan
5%
Jan
13
9
V
11% Feb
Jun
17
"■
Mar
Sep
Sep
18%
Canada
&
A.'
Preferred
Iron
Canada
Northern
5%
Power
Steamship
Corp
4% July
5%
Jan
60%
50
12%
Feb
3%
110
32% July
60 % Sep
2%
11%'
67
9%
Jan
40
5%
Feb
Jan
60
yv
3
3
•
1%
participating
common———.
•
Foreign
Canadian
Industrial
Class
Invest
common.—_*
Alcohol class
9%
8
8
22%
-V 22%
22%
295
17%
23
23
104
Co
Ltd———*
Ltd—..
*
pfd_—100
Sugar
Co
104
104
22%
V
•
Ltd
22%
'
*
;
Inv
Tr
Ltd
305
75
17
17
10%
10%
160
—
163
170
50c
1
60c
38 %
37
Ceriadlan
25%
Consolidated
25
_
Seagrams
25
65
;vS
21 %
21%
10%
A
,
11%--.
A"
3%
35
12
Jan
Jan
46
July
27 "A Mar
29
July
610
9%
37%
29
29
29
Vv,,:
370
33
33
65
22
Jan
34%
34 3/4
v.;
20
26
Jan
27
27
V
225
247/«
Jan
60
13%
11%
9%
2,723
•
9%
8%
9%
2,880
103
—•
103
77
—..100
155
•
——
8%
>
,:,V
77%
Aug
36
July
16'/a
Apr
76
37
9% July
103
Aug
Aug
5%
81
Mar
July
.151
1,050
'July
11
Mar
96
15
8%
31% July
Jun
:
Jan
V 6
30
155
8%
33 A
;
Jan
9%
.100
Jun
155
Juiy
Feb
8% July
Y
Eastern Dairies
65c
Enamel & Heating Prod—
English
Electric
class
Famous
Players
Canadian
of
Co
'
:
Corp—
common
-
Wares
*
common
*
—
100
(Charles)
A
Sep
3
Jan
7
100
.
Jan
5% Juiy
A -4
A;
25
180
21
16%
595
14%
1.45
^ Mar
9%
Gypsum. Lime & Alabastme.—
9%
13%
13%
109
*
common.
9%
14%
144
3,790
7%
*
7
7%
Jan
V 60
7%
4%
325
5
11% July
14% Sep
Jan
94
\
Jun
16% July
Jan
8
195
108% 109
7%
7%
Apr
25% Aug
Feb
•
———
Preferred
4
50c
W
25
16
5
'
'
3%
200
5%
25
;
•*-.
'
•
65c
5%
"B''_—
Canada
T '•
.*•
*
•—
109% Aug
Jan
8
Jan
Aug
7%
Cub
Howard
•
6%
Paper
6%
455
4%
Jan
12%
73
8.90
Jan
,100
91
91
95
SI
Sep
—*
15
15%
375
12
Jan
—100
Smith
6%
12%
105
98%
Jan
—
5
Jun
common
; i Preferred
Hudson Bay Mining
105
15
—i—— *
31%
31%
31%
380
•
16%
16%
16%
2.140
12
5
12%
12 V
12'A
1,154
&
L>qm
27
imperial
'lobacco
Preferred
Indust.
of
Can
common
£1
————
Accp.
Corp.
International
*
common
Bronze
.
7
,
■■■■■■'.7
Ouclotn
Eastern
Aircraft
Aircraft
Ford
Motor
Preferred
25
,——
International NicKel of Canada
Paper
International
Petroleum
International
Power
Lake
Lang
Ltd——*
Paving
the
Service
*
Woods
22
22
Basin
10
Feb
13 V
Jun
Normetal
Feb
20
23%
22%
23%
O'Brien
18% May
Jan
39% Mar
Feb
72%
Pa to
17
Jan
24
July
common
(John A) & Sons Ltd
Sep
Perron
13%
565
Jan
15
Jun
108%
55
£8
Jan
110
Jan
Siscoe
11
11
50
y n
May
Jan
Sullivan
26
26
150
19
Jan
26%
Jun
Teck
14%
14%
14%
Sep
14%
Sep
14%
—_*
,
90
yy o
11%
8 >\
8
Jan
8
•
9
8%
9%
1,947
5%
Jan
10
*
——»——■«——i
9%
8%
9%
1,980
6%
Jan
56
7
Sep
McCoil-Froncenac
Oil—
Mitchell (J S).
Mont
_*
Light Heat & Power
Montreal
•
common.,
4—
Car
25
_
Corp
35%
36.
40
40
58%
58
58%
280
•
50%
—
*__■•
50%
202
10
485
24
357
163
17
53
53
25
common..,
24
—100
—
Development
Corp
51%
24
163
—*
common,:
Preferred
5%
100
19
Sep
19
Sep
24%
Jan
27%
Jun
22
Feb
33%
Apr
26
Jan
36
Jan
40
Jan
Bros &
Ltd
Co
preferred
.
126
40
52
Jan
22%
Jan
160
25'A
50
common
j
.•
43%
Feb
53
126
17%
18%
1,525
81
81%
100
62
Jan
83
14
Jan
16
Jun
Regent Knitting preferred.—25
Lawrence
Class
A
Corp
common
250
7%
Feb
105
6
Jan
Jan
Dalhousie
Home
Co
Oil
Homestead
.Shawinigan
Sher.
Water
Williams
of
Preferred
'■
Cotton
*
■
11%
.■■(,:
■'>'
Preferred
104
50
98
Jan
21
Feb
6%
Sep
7c!c
34
17 %
;
50
45
17%
215.:
1,660
15
125
125
12
30
25
i
404
H
...*
150
—
100
6%
'
■
■'.
s—*
i.
,
55
150
6%
V
1.75 Jan
11%
Feb
24
Feb
32%
Feb
4
>
*
Ltd
Ltd—1.00
____1
225
48
48
70
43A
4%
5
75
40%
40 %
40
4 %
10
4
33
102
—
——
..._
July
of
For footnotes
Canada.
see
page; 1275,
Jan
10
1.75
100
1.25
Jan
2.00 May
56
70
47%
Jan
'.V>56% Aug
21%
25
19 %
Jan
21% Aug
16 %c 16 %C
2.00
Sep
Aug
3%c
Jun
21c
Aug
3%C
2,000
2c
Feb
4c
Aug
2%c
•
10c
3%c
__
2%c
600
lc
Feb
4c
Jun
6c
Jan
2,100
3%C
7,000
2c
Apr
29
227
19%
Feb
29% Aug
1.35
1.00
3%c
28%
1.35
225
80c
Jan
47c
Aug
1.60 Aug
55c
Sep
lc
Mar
55c
55c
1,000
2%c
3,000
3%c
500
16%
16 V*
125
*
1
3.50
800
56%
10
1.03
1.07
3.50
5 6'A
__
56%
1.09
2.165
1.07
3'Ac
1,500
3.10
3.10
3.10
100
1
87c
87c
87c
1,400
1.99
——1
1.00
2%c
11%
3c
1.66
Sep
6c
Feb
Feb
Aug
16%
Sep
Apr
3.75
Sep
47%
Jan
56%
78c
Jan
1.16
Sep
Sep
Sep
*
1.G6
3%C
1
600
63 %c May
3c
1.12
Aug
11 %c
Jan
2.15 Mar
3.05
Apr
1.04
Jan
82c
July
May ;
1.08
3.25
1.99
200
55c
56c
2,200
38c
Jan
1.08
1.00
Ltd
Ltd,.
Co
1.10
8.200
68c
Jan
1.10
Jan
3.30 Aug
3.25
3.25
150
—.*
70c
70c
:—*
1.62
1.80
700
;__*
Ltd
40C
40c
700
3.60
3.80
1.550
3.70
—_—,1
5c
5c
A
5c
5c
1.44
1.90
1.100
50c
1.99
Sep
60c
Jan
1.50
30c
July
Sep
3c
Sep
4.00
Jan
4%c
Jan
21%
Sep
1.80
46c
V'
2.66 Jan
100
Jan
1,000
A
70c
Feb
Jan
4,000
5c
22
22%
5c
6c
26
July
July
Feb
Jan
Apr
Gas
Oil
&
Co
Pacific
Aluminium
Ltd
Co.
Anglo-Huronian
Aquarius
Arjon
58 A
Jun
2%
Jan
8 %
Sep
July
21
Jan
63 % July
Jan
18
July
Astoria
128
129
Mar
133
Jan
144
157
157
49
147
Jan
160
Sep
Bankfield
..
Mines
...
_
Bear
250
250
250
39
223
Jan
254% May
Beattie
..TOO
141
141
143%
73
132
Jan
150
Beatty Bros class A
Gold
Mines
105
1.45
11,400
15c
101%
1.35
15c
3.050
104 107%
101% 101%
60
6c
13'Ac
9c
525
105
225
100%
47c
14c
Jan
1.60
Jan
17c
Jan
Jun
133% Mar
Sep
Jun
1027/e Feb
84%c Jun
76c
13.320
6.20
6.20
6.50
932
53c
53c
1,000
20c
Feb
68c
25c
25c
28c
22,300
22c
Jun
33c
:48c
53c
43,450
35c
July
5c
5%c
6,500
3c
May
2%c
Feb
July
Jan
72c
3.00
July
Sep
Jan
Jan
•
6.50
53c
Sep
July
July
Apr
5%cJuly
14c
Sep
Mines..
.
.
11 %c
3.40
3.30
3.45
8,286
3.50
Sep
15c
15c
17c
16,500
87/8c
Jan
19 %c
July
1
14 %C
10 %c
15c
54,266
4c
May
15c
July
10»Ac 11 %c
12,000
1.35
Jan
ion
class
100
1.35
33
1
_
&
3.000
4% July
Jan
.Jan
5 V:
16
1
.
_
.
A
156
156
3
150
Aug
161
Jun
100
255
255
3
235
Feb
255
Aug
Apr
17%c July
•
Mining—
Powor
Exploration
11c 11 %c
Jan
70c
1
Ltd
Toronto
Bathurst
30
1
_
Montreal..
Mar
16,162
60
51c
1
Consolidated
of
12,057
33
60
*
Mines—.
...
of
3'A
28
Range Since January 1
Low
High
76c
*
Mines
Metals
Aug
Aug
*
Quebec Mines
Bagamac
Base
pid _1U0
Mines.
Gold
Gold
Aunor
o%
—
Ashley Gold Mining.
150
Shares
2%
1
_
Porcupine Gold
Gold
1
—
Ltd
Ltd
Sep
Sep
Ltd
Canada
Sales
for Week
31
common
of
Range
High
*
Oils
Week's
of Prices
Low
100
——
—
Cons
Sep
May
Exchange
Funds
2%
—A
12
47
Sale Price
_
127
150
4
2'A
56
—*
preferred
Feb
13
137% 139
2
3%c
Paper common—
10 % Mar
114
35
137%
&
Aluminum
95
100
——————100
Sep
7 %
2Vbc
—1.
Ltd
preferred
Alberta
Bank
Nova Scotia
I
2.00
1.00
Ltd
Ajax Oil & Gas Co.
Bank
Commerce
Sep
:.48% Sep
7
May
45
July
4% Sep
105% May
Jan
20
•
55c
Ltd—
Anglo Canadian Oil
16 %
25
10
3%
1.75
V
.
2%c
—*
Sep
17%
133
25%
45 % Mar
2.00
_i
Ltd—
Gas
&
Jun
56%
133
Jan
2.00
1.00
Ltd
July
17%
133
5
-
20
Apr
July
,104
Sep
7
.July
r
22
July
85c July
Jan
.
Jan
Apr
Jun
22
Feb
104 104 %
4%
16%
75c
July
9%
16%
V
Mar
4%
40'%
104 Va
Ltd__1.00
Mines
,•
47
56%
100
Feb
25%
1.00
Ltd
35
Banks—
Canadienne
5%
170
y 25
1
,,—
Oil
19%
13%
Mar
July
18% July
16% Mar
25
641
22
19
1.25
com.*
Ltd—
Power
Armistice
55
100
6%
19 y
Jun
20
4 %. Jan
1.25
Par
Abitlbi
96%
'•'
•—;
common—
Bank
103 V2
Last
Jan
12
::
*
.
Royal
Jan
Friday
Feb
15
—*
——
Kootenay preferred
r*—.
Winnipeg Electric common—.'.
Montreal
14%
STOCKS—
20
44%
'
_j——.100
Power——.—;
.
West
Zellers
550
Sep
92
34
100
——.t— •
Canada :commonL__*
——
Southern. Canada
Wabasso
& Power
Jan
20
Sep
3%
18% May
Sept. 18 to Sept. 24 both inclusive, compiled from official sales lists
25
725
15%
19%
6%
88
Jan
Jan
193A
Toronto Stock
25
1,025
60
Mar
2%
10
Jan
Mines Ltd——1.00
Co
Oil
Oils
Pacalta
21
3%
18%
84
21%
Ltd
Ltd..
Mines
Oil
96%
16%
20
Sep
July
'; yv
19 3A July
3%
88
11
103A July
9%
16%
'1
20% July
7%
Ltd——
Mines
Oils—
21
50
Jan
100
—
Calgary & Edmonton Corp Ltd
96%
*
preferred—..
St Lawrence Flour Mills com..,
St.. Lawrence PapeT preferred
12'A
130
100
Hughes Gold Mines Ltd
Acme
St
Ltd
July
370
Ro.land Paper preferred——100
1,156
8
*
Corp
Pickle Crow Gold
126 % Apr
Sep
8%
16
19
25
1
Sep
11%
15%
20
15'A
Ltd
Aug
8%
•
;
24%
Jan
15%
*
Feb
165
11%
100
.Quebec Power
Jan
12%
Aug
Jan
*
y
19 %
155
1,315
v>
Jun
840
62% Aug
•
7
:
126
1
—
Canada.
of
6%
May
38
4% Jun
Sep
36%
Jan
Jan
.yy 8
:
May
2%
V__
pfd_100
35
3%
48%
cum
Jun
7% Aug
Jan
15%
* v.
14
'
235
2%
63A
77/a July
2% Mar
14
July
1.135
>•>.'■•
18%
18%
1.30
19
88
Canadian
JPenmans Ltd
tPrice
2,215
.100
'
Placer
28
40
•
Preferred
Power
26%
155
35%
.
Noranda Mines Ltd
Ogilvie Flour Mills
'
25%
28
—100
—
Steel
19
650
2%
Royalite Oil Company Limited.——*
Breweries
Preferred
19
26
Tramways
National
National
Cons
July
9% July
1.059
16%
0
Dredging Ltd
Anglo-Canadian
Massey-Harris
Aug
100
Ltd
Mines
Cons
30
18 %
10
Ltd,—.
Mines
Gold
Jan
*
Nickel
Gold
13
;
24%
17 3A
*
—w
Mining
Cons. Gold
108
*
Lindsay C W common....
Gold
Ontario
03%
435
23
33
Aug
24%
35
*
pfd
Mines
Gold
Mining
25
16
4%
18
183A
V-
3%
4
__
;
Malartic Goldfields
Manitoba
1,373
3%
—
6%
Corp
Mines
Sep
35%
Feb
V
V
Mines
21%
72%
11
200
31%
24%
,
24%
preferred.100
Worts
Mines
Jan
72%
13
Gold
Shore
7
30%
__
•
Ltd
Ltd
Jan
35
31%
Ltd
Limited
Gold
7
72%
A.
•
6%
pfd—100
5.00
Ltd
Mines
Consolidated
*
.
Cadillac
13
35
cum.
Inspiration Min & Dev Co Ltd
Lake
Jan
Jan
Joliet-Quebec
•
Ltd.
Copper
E:dorado
Jan
65c
9%
V : V
Mines
3
31
preferred—
Bouscadillac Gold
Dome
12
13%
Brewery Ltd
y
45c
Feb
13%
•
common
&
Apr
May
Sep"
6% July
Feb
8
'
■
Jan
Products
Ltd
6%
15c
58
5.065
'o
3
*
Pow
cumulative
100
:——
Public
of
Co
common..—
Preferred
Jamaica
•
com
preferred——100
116
12
94
Central
7'A May
20c
15c July
••,3% Jun
Feb
5%
17% July
12% Jan
Jan
6
2% May
5%
Cartier-Malartic Gold Mines Ltd.
May
180
25 %
Canada
Mines—
Apr
100
6%
41
(Can)
Co
Wal-Gooderham
$1
Sep
275
Power Corp 6% N C part 2nd
pfd-—50
Quebec Tel and Power Corp "A"_,_-_*
Walkerville
July
14
28%
Moore Corporation Ltd.,
Noorduyn Aviation Ltd
Stores
Apr
12
28 V2
preferred
Thrift
7c
77
28%
Refrig & Storage Vot Trust
Standard
Jan
Jan
16
P
Melchers" Distilleries
Southern
1,000
7%" Apr
Jan
8%
12
16
McColl-Frontenac Oil 6%
$3
15c
3
2%
*.
&
Robert
25%
5
yyyv
16
MacLaren Power & Paper Co
Maple Leaf Milling Co. Ltd——
Class A preferred—
Massey-Harris Co Ltd 5% pfd___
Mitchell.
523
11
13
1.00
Limited
International Paints
Mtl
Jun
1.00
7%
Canada
P
Jun
10'/a
1.00
Companies, Ltd
*
Fraser Companies voting trust
*
Goodyear Tire & Rubber of Can Ltd.."
John
1.15
Jan
Jan
12
"
Sep
May
Jan
•
Ltd
1
3 %
2
—*
Co
Sep
65c
3%
6%
Fraser
St
50c
25
5%
Ltd
of
505
Mar
882
5%
Ltd
Dairies Ltd.
Pairchild
171
Jan
Jan
51/2
"A"__
Jun
10% Aug
Feb
30c
•
32% Aug
Feb
-
International
Co
19
."'169
2%
6%
July
; 22% Aug
42% Sep
Apr
85c
58
:
104
■
Jan
——.20
,i,..
Fleet
160
8%
20c
Ltd,,
Linoleum
Donnacona Paper
195
13
Corp
86
7%
15c
•
Dominion Woolens common...-
75
21%
13
—*
"A"—
Limitee
&
1,850
21%
common—__—*
Paper
Frere,
Preferred
11
5.00
93
10% Mar
Oil Ltd
Sec
Ltd
common
Aircraft Corp Ltd——.
David
J-M
Imperial
Adv
12% Aug
16% July
105
Jun
13
Sep
22% July
26
Julyy.
15 "A Mar
30
8
50
13
15
—-
2.50
rvmsollriateri
Aldermac
Hamilton Bridge
Hollinger Gold Mines,—
Holt, Renfrew preferred
!.
General
Div
56
Feb
Juiy
8
Jan
yy.r 25
60c
8
—0
com—
;_y
Preferred,
Jun
8
Neon
Consolidated
Lake
9%
common
__
5% Jun
12% May
13% Jun
496
13%
Jun
26
12%
25
Dryden Paper
5%
Jan
44%
•
Apr
Feb
7%
2,480
12
A—25
May
33'A
Jan
*
common.,:
33
3% Jan
10
Sep
107% Mar
A
Feb
44%
:
—
Textile
Steel
675
July
preferred
Commercial Alcohols Ltd
Preferred
July
38%
103% Mar
*
;
Dominion Tar & Chemical
Preferred
•
5
Jan
12%
——
Dominion Coal preferred
Dominion Steel & Coal B
Gatineau
5
5%
5 V
12
27% Aug
AA
Jan
17%
1,015
Feb
31
Jan
44'A
common
Dominion Bviuge
..
Jan
27
Aug
Sep
34
AA
Sep
•
Crown Cork & Seal Co—
Foundation
7%
27%
26
May
5
42
Feb
350
26%: A
38
•
Jan
5
Mining & Smelting
Preferred
27%
510
■■
14 % May
Jan
Jan
•
Consumers Glass
Dominion
Jan
31%
1.45
605
•
,
5
107/e
Claude
32
103% 103%
*
Pacific Railway
Plow
Cookshutt
Gurd
33
*
Canadian Locomotive
General
38%
29%
26%
5%
July
4
11% July
17% Mar
36%
148
50c
7%
100
___——.—
40
101
113
y 105
2%
60c
7
>Y
170
50c
2%
.
__
*
common
Catelli Food Products Ltd
Sep
12
525
A
preferred
79
125
28
106% Aug
7%
Feb
115
10
28
Sep
Ltd
5
%
\m->
1
common-'
Co,
yy,:
104
22
42 %
—
100
Marconi
y.,:
42
0
Investments Ltd
*
Industries Ltd class B—_»
Vickers
V
17% Mar
Oil
Canadian Pr & Paper Inv Ltd com—,*
5% preferred
Apr
9
.
8%
Jan
5%
1,155
26% A
9%
28
A„s
B
Distillers
32%
26
Canadian Converters
—100
Canadian Cottons common——100
Canadian
265
4%
41
'VA
32%
26
92
;
483
41
25
——25
—
Celanese
•
preferred
preferred
13
Jan
CO
40
35%
4%
•
.
Canadian Car & Foundry common
New
12%
——♦
common
20
225
9%
35
•
.
4%
Feb
8
General
Canadian
79
9%
.-50
common—
Preferred
Canadian Bronze
Canadian
78
♦
common—:
Breweries
8%
105% 1.05%
Foundries common——100
preferred—
Canadian
?
.8%
—100
;_j
Canada
Canada
—-—•
common
High
■>:;6,825
—
Canada Cement
j
Jan
32%
65c
Vancouver Ltd._5.00
Co.
Inter
Low
8.820
28
31
3%
11
preferred
Canadian
Range Since January 1
High
3
1L%
Dominion
Canadian
Low
y:
Shares
*
•».
Dredge & Dock Co Ltd.V
Canadian
of Prices
100
Ltd
Packers
Malting
V/o
100
—
Corp
Calgary Power Co Ltd 6%
Canadian
■; ::
Sales ;
for Week
Range
—■3
Paper Co Ltd "B"—_♦
Power
Brewers & Dist of
Canadian
S
Parl '•
common
—,
Pwr &
Beauharnois
Week's
Last
Sale Price
preferred
Canada
13%
British Columbia
Building Products class A
Bulolo Gold Dredging——;
6%
Paper
American
Jan
15
v.V .y?V>VV,'.' "•'■
V''vV
•
Columbia
21%
•/
'
British
627
•
'
British
Brazilian T L &
V
y
Power &
f 103% Feb
698
...v.,
109% 109%
13%
7%
14 A Feb
Jan
8%
25
331
20%
i:$t y
.
'
10%
90
109%
21
High
Feb
11%
104
Paper class A
*
of Canada
—100
—
Power
90
3
104
*
:
common-
Preferred
Bathurst
Bell
pfd——50
Corp————
Associated
'10%
10%
——100
Ltd
50
.
V.V
STOCKS—
Abltlbl
5%'
Agnew-Surpass Shoe common——„-.A.*
.-V.
Range Since January 1
High..;
Works Ltd 'common—.—*
Aluminium
y./.y.
for Week
Friday
■
.
Last
_
l
38c
I
Ltd
1.59
*
—
2.000
13 %c
13%
_
Radium
8%c
—
14c
13%
13%
725
36c
38c
14,300
10c
Jan
1.55
1.67
18.630
70c
Apr
1.87
Sep
20%
20%
125
15
Feb
20%
Sep
12
Mar
15
July
49 %c Jun
THE
1274
Last
Biltmore Hats Ltd—
Preferred
Blue
—
B
130
V •
14
15
d 10
Feb
17
18
200
10
Feb
18
Jan
12c
10c
7,900
8c
3,807
9%c
7.40
Jan
23%
Jan
27%
6,739
14'/i
Jan
22%
738
17%
Jan
22'%
24
210
17%
Apr
26
11%
———25
25%
25%
Light & Pwr com—*
26%
26%
Oil——
*
British Columbia Packers Ltd
*
British Columbia Power class A
*
British Dominion Oil
————*
22%
22%
Oil
Brown
26%
28
60
23 J/2
51 %c
60C
65,819
19%
69c
70c
21,200
46c
9c
10c
24,000
4%c
1.60
Jan
3',4c
Jan
16%
16%
16%
245
% 13
4c
3,000
1
*
10
10
10%
1.56
1.95
32,500
25c
30c
8,167
6%
common—
Canada
'i Class
Class
Preferred
20
92
Jan
106
20
Aug
27
July
41%
43%
148
11
12%
13
240
35
35%
Canadian
Malartic
4%
42
9
9
Canadian
10 J/4
974
26
26%
355
26
Aug
38
495
27%
Jan
38
16% /
17
Gai Wines Ltd
Chromium
Plow
Co
____—______
Ltd
Mines
12c 12 %c
25c
25c
1.51
Davies
2.50
1.53
12%
1,060
24c
24 c
414
75
1.45
150
1.45
Mines
Bank
Dominion
i.
—
2.32
2.28
2.38
1.37
1.43
4,072
—1
3.35
3.25
3.50
45,325
1%C
•162
20
26%
526
•
9%
9%
1,500
9%
142'%
1,145
220
20%
.104
class
Co
Co
25
_
8
July
1.70
16
16%
100
7'%
115
30
30
1.32
21'/4
21-%
3
•••:
1.44
3
3.95
4.00
_
Mar
Pantepec
Oil
July
Partanen
Malartic Gold
Feb
1.82
80c
7,225
20
4.00
20
9
'
3
3.10
2,885
25
25
28%
—■■■■;
485
5%c
6c
1
Apr
July
Sep
Jan
22 '4 May
■
25
Jan
21
2 J%c
8,900
Mar
Jan
16'%
7'%
31
1.64
4.80
Perron
Photo
Aug
Powell
1
Mines
•
_
1
—
1
Jan
16%
May
39 Vic
'
-
„'
1.8c
17 %c
3'/4c
»
1
•
__
0
,
1
Ltd
0
2%C
2,000
17 %c:18%C
16,550
17c
3c
18c
3 \\ c
11,600
15,500
1
10c
13c
84,502
2%C
2,000
89
160
100
Aug
Feb
14'%
Sep
3c
Jan
9c
July
lc
12 %c
10c
2c
May
Jan
Apr
July
4 %c
Jun
29 %c Mar
19c
Sep
4Vic Aug
3c
Jan
15c
lc
Feb
3 Vie
Aug
Jan
95
July
62
Aug
3,000
2c
Jun
9c
1,200
5c
May
9c
6
258
3
May
6% July
19%
20
•224
6%
5%
6%
1.140
19%
19'%
20
169
18c
4,700
18c
7%
17c
7
7'%
319
14%
3
Feb
July
16'% May
ll%c Jan
5
Jan
30
Slave
Aug
South
End
Jun
South
West
Standard
7%
16c
18c
53,150
3c
Apr
18c
Sep
4%C
27,700
3%c
Sep
7Vic
Jun
6%
6%
225
4%
Jan
34%
34%
348
33
Jun
4%
4%
70
3
May
40c
Mar
1
__
90c
1
39c
Hedley Mascot Gold Mines
.
0
Hinde
0
Paper—
page
1275.
95c
24.230
4%c
6,000
36c
40c
33C
1
Highwood-Scarcee Oils Ltd—
S8C
4%C
Mines
__
16c
15c
15%
35c
2c
6,712
17c
5,700
33c
17c
8,640
15%
15
10c
14
Apr
Jun
Sep
Jan
Mar
8
Jun
35'4 Aug
4%
Sep
98c
Sep
6c
Aug
40c
Sep
47C
17c
Mar
Feb
16'4 July
Sladen
7,690
61c
Mar
71c
16,900
38c
Jan
72c
May
%C
58c
27,400
Jan
64c
Sep
52
52 %C
105
105
3'4 c
*
Rvlva.nir.e
Sep
9c
49c
14,140
Mines.i Ltd
common
Jan
4f'a
100
10
10
4c
4c
33c
Sep
83c
87c
177,800
II,550
12%
12%
1.95
2.00
5,325
2.45
2.45
2.60
10,360
1
1
—'
1.15
1.25
8,450
1.15
1.07
1.15
4,635
1
2.29
2.24
2.35
8.925
—
56c
__
4'%c
: 23%
7c
__
'
1.15
Sep
Jan
2.50
Sep
1.72
«31c
Jan
2c
May
22
,
Apr
Jan
205
Aug
2
Jan
6
Feb
1%
Jan
37a July
Mar
187a July
3.55
93c,,
91C;
9.25-
£v
19%
Jun
May
1,300
85c
Sep
1.05 Mar
67c
Jan
1.04
July
'5.75
675
,-
r.: .110
•-.
Jail
9.50
9%
Sep
10
Sep
Sep
Mar
9
\'Jun
,,.
'
.140
,8
3%
185
.220
v.
,
,
867a
•55c.^xri50c ."57c
11.14,825
*39c
57c 60'%c
19,800
29c
57C
3C^
2%C
•
4%C;
-
25c
25c
2%'
i'Vv
,
;,6C
j.;
28c
A.
8,600
3c
.
f,
2%
j
.
7.4'%
A-y.-
:
2.30
2.33
•'•.
?•
1
<•
18c
69-.
76",
2.35
2lQ'
25,000
2,500
,1 -160
160
9%
,68%,
68%;
Feb
4c
2c
13
t
25
Jan
•11,905
■
:t 8%;;
13.
Sep
16% Mar
18c
4,300
.
v.-/-9%% /io.f
.102% 102%
Jun
2 Vac
147,505
9.5(>:
•
Sep
9!ac
62 %c
1.86
6,200
95c
88c
,
89c*£-
4.00
Jan
Mar
10,056
6'%c
57%C62»%C
17,V4<, 17'/4i,' " .',3c
3c
3c
12
1,090
3.75
6c
25
M
93c
.
July
152
—
:
9c
26'% July
Jan
40
3'4
3.60
'<•.
Julv
150'4 Aug
1321% May
21'%
Sep
Apr
25
6,000
16 '4
yi
59c
9'%c
Jan
3'%c
36
320
Sep
200
3V4
,
Jan
4'4 c
3'4
17
16'%
,
Sep
1.27
4c
c
58 %c
Sep
Apr
200
200
4'4
24
Jun
2.10
2.85
58c
1,600
145
13%
Jan
52c
235
24
7c
.
141
23
141
Mar
Jan
1.25
'
23%
Feb
Aug
1.05
Jun
8,000
'
Sep.
4%c
39c
1.28 May
3,974
58c
4'4c
56c
Sep
10
May
,12.
25
1.98
Sep
Aug
1.28
17'%c May
74c
Feb
49c
103
Jail
2c
1,000
i30c
85c
1
1
*
100
Jan
Jan
57c
65
1.28
22c
88%
4,100
30c
.
Mines
Gold
Ltd
3%c
•
—
Tamblyn
21,700
4c
Paving
Cons
5'b
101
Bol
—1
1
X
comiiion.__..:..w...";;
_'_L__
*
common'
Preferred
'
25
Steep .Rock Iron., Miners—,—
•
Sturgeon River Gold Mines__
1
Sudbury Basin Mines Ltd
—*
Sud Contact Mines
J.
1
Sullivan
Sep
IIV4C Aug
Apr
1.20
1.23
Pete
,
Sep
105
2%c Aug
2 %
45c
:
Canada
Sep
1.13
5%c
4'%c
5%c
Lake Gold Mines.—
Co .of
Sep
Sep
2.00
,
Mines.—.—-——1
1
Petroleum • Co_——
*.
Malartic
*
Sep
40c
25
5%;
5'%
—
X—
105
Feb
1.16
Apr
8'%
29,000
1
*
1
—__
1.00
9
3c
105
3'4c
Preferred
Steel
Sep
:52V2 Aug
1.10
Gold, Mines
July
24c
Mills—
.
23
Sep
1,95
59c
Mines
Ltd .B
Preferred
———
23
July
6% July
Jan
July
67c
Apr
1.06
—
Dome
Silk
Siscoe
4%C
34%
.
1.05
7Gc
Gold
Preferred
Simpsons
•-...
62'% Aug
161
1.07
Mines
^
—1
Silverwoods Dairies common..-^—^
c
Sep
18C
*
4'%c
Sigma
.
3%c Aug
3c
6
*
preferred
see
Jan
8 /
4%C
—
Bridge Co Ltd.
footnotes
77
3c
•
c
Dauch
2%c
77
800
2,000
4 %c
Long Lac Gold Mines
Bank of Canada——i
—100
Royalite Oil
*
Russell Industries preferred
100
St. Anthony Gold Mines———
1^
St. Lawrence Corp Ltd common—___*
Class A
—-i——
50
San Antonio Gold Mines Ltd
-1
Sand River Gold Mining.——
1
Senator Rouyn, Ltd—
1
Shawinigan Water & Power
Shawkey Gold Mining———_——1
Sheep Creek Gold Mirles—
—50c
Sherritt-Gordon Gold i Mines.————1
11'4 July
8%c
_
•
Mines
5%c
88%
•
__
"
14'%
5%c
40
Royal
'
2c
_
Paper com v t c
Gold
-
93% *
13%
I,105
Electrotypers
Roche
Sep
92%
50 Va
1
.*••'
Mines of B C
Rouyn
Riverside
Sep
3,500
11c
_
Hasaga Mines
For
150
37c
—
Carpets
&
16%
93
50'%
-
7%C Aug
34c
5%C
3,133
1
16%
Mar
1.81
1
—__—*
1
34c
8
1.60
Jari
Feb
Apr
Gold Mines——_——
Sep
50
1.65
Jan
35c
20c
Quecnston Gold Mines————
Jun
#}>
125
21,700
225
Reno
6'4
9%
38
/>>>.>■: 14
67c
1,680
Sep
24%
9%
160
165
63c
40c
Mines
Jun
Jan
_
59
160
G6c
1.85
Aug
Jan
14%
58'4
58'4
1.70
28%
3'4
July
Sep
1.70
26
19%
22
-*
Ltd—
East
215
Jan
12
4'%c Aug
Mines
Preston
1,230
Sep
11c
8'%c
Gold Mining Co.
4%
28'4
Apr
May
—*
Premier
24%
110
Jan
6c
•
Feb
4%
18c
Gold
Gold
22
25 %
50
2,000
21
97h July
Jan;-
6
Sep
pi.75 July
74c
—1
Engravers &
Pioneer
952
9
27%
10c 10 %C
Jun
49',4
^
2%c Jan
Mines——1——~
Pickle-Crow
24%
8%
Mar
3 %c Jan
Co
Gold
Sep
Sep
Aug
4%
Va
,27
Jan
Jan
25c
40c
Sep
24%
44'%
30
1,000
Paymaster Cons Mines Ltd
32% Mar
5'4
24'%
169
1,000
Ltd
Mines
Porcupine
10c
Jan
245
1.60
100
21 %c
Jan
26'%
48%
33,736
—
Jan
3%
26
May
4c
preferred
Jan
12
Sep
Apr
40c
1.09
Ltd
Feb
20
80
Jan
28c
1.60
27%
O,
.'
20
50
8%
1.09
50
9,800
Page-Hersey Tubes
Pamour
Mar
65
75
1.02
Pacific Petroleums
14'% July
Sep
2.25 Sep
17
15 /
47%
1
4c
24,575
7%.
Oils
225
Jan
Feb
1.22
25
3%C
—
4'4c
90
Jan
200
38c
4 1.60
?'
Crush
Pacalta
Sep
Jan
122
17
9% July
1.04
_;—
Orange
July
2%
18,900
225
2.10
.26%,
Jun
593
Aug
7g
Ontario/Nickel
11'% July
5%
24c
Feb
3%C
Nprth Star Oil common—
O'Brien Gold
,
Ontario Loan
10
Jan
4
36'%c
..1
Corp
July
103
1.62
Mining
July
10'%
lie
17
Northern Canada Mines..
Apr
Jan
6,725
7
—*—1
——-—
Gold Mines
30
Sep
22c
50%
Oils Ltd
108
8c
....
36 %c
—1
——5
——
.——
Omega
Jan
Apr
—
1
Mines
Normetal
5c
'
.
Okalta
Sep
Jun
Oil
July
l'/«cMay
2,500
17
25c
*
—?....
100
—
_—'
——
Noranda Mines
—
>
—
Mines
Nipissing
29% Aug
167
Jan
30
__
.
common
—
_____
Petroleum Corp
Norgold
Jan
6,000
;>>.>
Mining—
Gold
Ltd
Co
Grocers
Negus Mines
Nordon
5'%
33,000
*
_
Mines
Rock
& Power
Sep
5c
83c
17,400
210
2.10
100
1
,••
—J'
—
Heat
Light
Preferred
Apr
6%
27%
Halliwell Gold Mines
Harker
Porcupine
1.40
52,810
4c
.
2.10
*
*
Knitting preferred-
Aug
7
—*
Co————
P
9?a July
104
8c
3%.C
,
•
20c
Mines
of Canada
July
July
22
Jan
Jan
,
Aug
20c
37%C
,7'%c
Containers common—;
July
5
90%
16c
*
_
_
& Alabastine
Halcrow Swayze Mines
Hard
&
6
Jun
10
Jsn
14'%
1,275
Jun
6c
7c
1.29
1.37
1
Ltd—'—
Mills
L
Corp
Aug
1.25
155
9%c
100
Cotton
Gold
55%,
57
5
,1
Graham Mines.——_____—1
National
Sep
1.709
13%
*
Lime
Hamilton
Jan
5%
1,457
.
9'%
17
2%c Mar
•
Mines.;—
National Sewer Pipe A.
103
9'/4c
\
_
common
Wares
Preferred
Harding
1.40
■■■'■;' -"•
.
Mines
Lake
Red
Gold
National
16%
A—
Common
Hamilton
Sep
:
•
20
8c,
.
Corp common—;—
Muirheads Cafeterias Ltd common—
Sep
9%
13'%
7%
1
Bousquet Gold Mines.
Gypsum
57
4'4 July
"5%
1.62
-
Mines
Gold
Feb
•'•''
Porcupine Mines—
1.45
8'% Mar
'
-
Gunnar
47
Feb
9
13 %C
«
t
640
■"•"■
Moore
Apr
9%
r-''
'J
Mines Ltd—
v
Feb
57
;
100
—
"
Montreal
Jun
July
26
1
Goodl'ish Mining Co.
Preferred
lie
Moneta
Aug"1
1.53 Sep'
36
14c
«
Goodyear Tire & Rubber of Can com
Graham
Jan
McKenzie
Aug'
47%c
105 105 J/2
5%
-
Petroleum
Great Lakes
5%c
May
July
160
1.32
Mining
Goldale Mines Ltd--
Grandoro
1,000
Mclntyre
2.65
3c
9%c
_25
Gold Mines
Gate
8c
8%
15%
Segur Exploration.————*
*'"•
Sep
Jan
_
preferred
Golden
Jan
—
Preferred
July
18%
A
Canada
Eagle
92'%
47c
85c
2,285
i
Gillies Lake-Porcupine Gold Mines— —1
Gold
55
Modern
24c
29
—,:
Nickel Mines
Canadian
Candy Shops
Gold
103
Monarch
Jan
27%
—:•—_•—
Lake
9%
103
McDougal
■
uod's
C%
Aug
103
1
Farmer
Glen*>ra
19%
9»%
Aug
Feb
Jan
Q
Steel
197%
5
10c
25%
Famous Players
5%
20
Preferred
14c
50c
155
_
Co
Trust
Class B
General
906
McColl Frontenac Oil common..——1*
Sfep
1,000
4,000
160
Mines—
Power
9
McWatters
4.600
34%
a
Gatineau
2,500
8%
McVittie
85c
3%c
S"
Foundation
5%c
9
Sep
18c
3%c
»
Ltd
Machine
May
1.50 Mar
29
1
Products
Investment
50c
34%
•
Steel
21
63
3%C
9%
»
•—_—
Feb
150
100
34%
———_
—
Eastern
Francoeur
——,—_—1
common——
—•
6c
Feb
18c
100
-
Oil
of
Jan
6c
McLellan
85c
18c
9% i:
Malartic Mines
Co
Jan
10'%
114
26
Eastern
Ford
4^8
505
131 133%
105%
—
_
1,350
46'% July
4%
%c Jan
1,000
Jan
95c
Sep
8'4
37'%
24%
Apr
.
15%
-*
.*
910
95c
>1.65
1.45 July
3.75 Sep
3'.4C Aug
Jan
1 %C
—*
44%
4%
2.40
1.51 Mar
70c
15%
Milling
Preferred
43%
24%
4.00 July
Jan
W-:,r 8
Mines
common.:
Eastern
and
Leaf
Maple
43%
-
-
Aircraft
—
National Steel Car
•
Duquesne Mining Corp
Fleet
Fields
Cold
Jan
2.30
27,775
1.38
National Trust Co Ltd
•
Kirkland
1
1
Sep
135'%
00 %c
.
3,150
1
Gold
Sep
4%c Aug
166
3.90
Mines
Lake
Red
Madsen
Sep
Jan
22
3.75.
21%;
_*
Ltd
Mines,
Macassa
Sep
123
„—_*
MacLeod-Cocxshutt Gold Mines
1.74
Dominion Woollens & Worsteds com
Federal
Sep
•
>
3.80
15'%
Dominion Tar & Chemical common-
Fanny
22
_
—
Jan
*
Falconbridge
Apr
13 Vi
3
_1
1
Class B
85c
class B
class
Sep
18
—
Loblaw Groceterias class A—
9 J/2
*
Electric
Sep
Jan
217
Stores
Gold
1.27
19,745
Jan
Sep
1.00
1.74
•
16%
22V'4
15%
.--u.——100
:
Washing
Mar
80c
Aug
Jan
Feb
15
Foundries & Steel com
Crest
Jan
3
1.40
10%
Jun.
..
Aug
27c
Sep
40c i May
1,190
19'%
Jun
13%
13c
5,200
67c
1.50
*
100
Dominion
Preferred
Jan
Sep
Sep
310
1.51
1
1
Preferred
20c
8c
24.000
lie
IOC.
Sep
91c
12,020
1
_
Mines Ltd
15V4
Mines————r—1,
common.—*
Steel
..„75c
Jan
9'4 Jan
Jan
15,375
Jun
2.65
55c
Sep
Mar
84c
Mercury
•
22,350
14%
4.75
1.22
Mining
Apr
91c
87c
2%c Aug
Jan
22'4
1.75
Jan
*2.08
40c
Jan
22
1.35 July
10J%c Jan
'•65 c
—
Jan
'%c
10
V
77c
Jan
2 J/4 Mar
10%
20c
Aug
1.15
19'%
6%c July
Jan
3,500
Sep
9c
80c
Mexican
1,000
4%
Distillers Corp—Seagrams
Dominion
22,875
1.42
12%
"
—
Dominion
220
1.45
95c
Mines
Preferred
14,826
;<
12%
*
—
Petroieum
Nickel
1,500
1.60
2.15
—;—::
Delnite
25c
1.54
Imperial Mills—___—;_—*
Aircraft
Dairy Corp common—.—
Eng.
100
100
(Toronto)
Consumers Gas
Eldorado
9.500
4%
14,655
35c
Sep
26c
v
1.17
Jan
1.00
1
Ltd—
*
5
Smelting
Economic
E4c
5,300
9.90
87c
9.55
1
Jan
1%C May-
Feb
Massey-nams
1.42
210
13c
3,000
7,000
12% July
Apr
Jan
,
1
_
•
Consolidated
Easy
1,602
1.72
—5
U——
Mines—
Bakeries of Canada—
Dome
1.17
•
1.65
2.15
.
*
0
1
_
Petroleum
Consolidated
Denison
95c
4%.
Smelting—*:.—•-*
Gold Mines—
1
National
Coniaurum
Cub
16%
1,000
12c
&
Willans
Cochenour
Cosmos
200
1.40
1.15
-1
Mining
Commonwealth
Coniagas
18%
1.40
2,000
31c
.
3,600
3 %C
July
3c
Sep
130
Feb
2'Ac
14%
9.55
2%C
Sep
lc
13%
r
23% July
Jan
7J/2
1.65
Research
Conduits
112
18%
24c
4%c
2 %C
c
5%c
%•
2%c
Sep
68c
Jan
5
9,385
18%
Chesterville Larder Lake Gold Mines—1
Cockshutt
15
128
11%
,
—1
*
Central Porcupine Mines——
Chemical
10
128
10%
11
1
Mines
Gold
Pat
Chateau
'
Mar
36c
9,425
65c
23c
4'%C
23c
__
Mines Ltd..
Oro
July
26
V;.»? 5,500
3c
Lebel
19
Jan
10
6,500
3yec
Sep
36
5%
7%C
13%
Maralgo Mines
■v
Jan
3%
285
22,
60c
1
1
Castle-Trethewey Mines
Central
535
18
______
Jan
6c
%C
4'%
Apr
Jan
Sep
Jan
22
20C
9%
145
Feb
15
126
5%
22
—«sa
Quartz Mng.
133
350
5
5%
—100
Gold
Cariboo
20
17
34%
Wirebound Boxes Ltd——_*
Canadian
145
.36
144
144
*
Rv—
Pacific
v
1,000
705
27% Aug
36%
Feb
3,540
25c
13
117% July
7% Mar
Jun
10c
23%
20c
6.10
Manitoba
573
60c
22 %
—
-
9%C
July
665
10
Sep
July
Jan
14
Jan
24
24
Jun
Malartic
13%
39%
3.65
Sep
9
Jan
Jan
17
3'%c
24
13
33
14
n
6
_
_
jun
1,926
*
Laura Secord Candy
July
22%
9%
116
55
35%
35
1.814
9% July
Jan
Jan
112'%
Sep
8,600
Aug
42
Jan
19
Oil Co common—
Preferred
6 J/2
50
5
Jan
28
20
July
6c
142'% Aug
Jan
1.35
3,680
4.
.
100
6.00
Leitch Gold Mines,
41/2
Jan
5.85
Little Long Lac Gold
V
90
5%C
Sep
4%
90
6c
Sep
42
'
97
5.85
Jun
/ Sep
July
3c
•
0
May
93
17
..
23%
—1
Gold Mines
Cadillac Gold Mines
Jan
Jan
36c
Jan
115% 115%
-
35
Lamaque
66
Jan
Jun
10%
1.20
24
66
28 %c
255
16%
Jan
129
1,000
16
Jan
■■
Sep
13,300
10c \
Aug
15
Mar
55c
36C
15%
1.10
Lapa
6%
26c
55c
1.10
2'%
_—
Mines
38
29
16'%
Mines,
Shore
17%
——
Gold
Jan
July
28%: Sep
96%
—
—
Feb
12»%
Mar
10
15
51c,
•
15
.100
___
Sep
17'% July
Jan
11%
3Gc
55c
0
_
July
185
Ltd
Lake
59
45
1
70
Jan
.
Lake Dufault Mines Ltd
10
a
50
Mines
215
93
28%
Kirkland Townsite
Sep
14'%
Gold
"?5
140
28%
1
Canada-
of
6
93
975
0
Mines.
19
138%
12%
1
66
138%
Dredge &
Co_
Jan
31%
288
12
1
..
66
Dock————*
—*
Industrial Alcohol A
*
Locomotive
87/a
•
12 Mi
Hudson Bay
Jun
150
Sep
5
—
19
——
Canadian
124
8,069
B
Co—
•;■./'■ 6
of
Canadian
43%
Feb
36'4
505
146
17
_
Mines.
Kirkland Lake Gold Mining Co.
July
15
-——
Canadian Food Products
Jan
16%
1
Kerr-Addison
Sep
1,236
_
Canadian
4'4
157
16%
13% July
v
Jan
r: 55
32
•
Mines
Kirkland
Sep
8%
22
42
—100
Commerce——100
Canadian Breweries common
•
Preferred
*
Canadian Canners Ltd common——*
5%
1st preferred
:
—
20
Conv
preferred —
*
Canadian Car & F'dry Co Ltd com
•
New preferred
————
Canadian Celanese common.—.
*
Preferred
————-100
Canadian
58
105
——
Bank
10
148
*
—50
Canada Wire & Cable Co A
—*
Class B
——*
Canadian Bakeries Ltd common..—"
Preferred
58
May
6
184
Petroleum—
Mines
Kelvinator
Sep
40
68
182
July
31c
Sep
32% Mar
Jan
67%
■;
6c
Jan
26%
Sep
4.10 July
Jan
17 %c
183
,
A
Apr
:, 7
common
Utilities
J M Cons Gold
Aug
109 J/4
8%
Preferred
Canadian
7
Jun
8
Steamship Lines common
Canada
Feb
102
*
Mortgage
Permanent
Can
3
23
100
Canada Malting Co
Jason
Sep
650
175
67%
Jun
35c
104%
'104 %
Forgings Ltd "A"-"
Canada Foundry &
1.95
Jan
Jan
250
12, 12%
•
preferred
Nickei
Mining
Waite
Jellico
Sep
22
*
100
Canada Cement common—
Aug
4c
18,135
UH>
Jacola Mines
11 Vi July
7
57%
—
—
17
Feb
1.15
21c
Jack
Sep
109 109 %
7
109%
—
International
9Vic
•
Mar
%c Jan
9 »/2
75
1.84
Co
Calgary <te Edmonton
International Milling
Sep
4.00 July
100
Calmont Oils Ltd——
Sep
International
11,500
Corp Ltd
'__
1
Bread Co Ltd—————*
"A"
.—100
"B"
50
Steel
Burlington
July
60
International
9c
4,500
30c
31%
4 %c
—
Feb
3.40
5c
30c
31%
4%c
12%
Jan
3c
31%
_
A_
Preferred
13 c
8c
2 %c
International Metal common
Jan
2.65
preferred—*
Inspiration Mining & Develop—
International Coal & Coke Co
Jun
July
Jan
3.40
13,402
ion
Imperial Varnish & Color
73Vic
3.40
;;• 2,835
3.80
•
Erie common
29
Feb
Jan
12%
3.50
"B"
Mar
8 Vie
1*
Mines
Extension
Hill
28
69c
*
Products Ltd
Building
Bunker
••
*
Mines
Gold Mines
Gold
Ankerite
Buffalo
Buffalo Canadian
22
11
'•
59c
1
*
*
Mines, Ltd
Corp
1,255
;
24
24c
Jan
23 %
3,70
30c
Ltd——-——
Gold Mines
Bay Mining & Smelting—
Imperial Bank —
Imperial Oil
Imperial Tobacco ordinary——
Mar
20
11%
v
12%
0
1
High
Low
:>
•■'
■
5
Oil
Ltd
/-
..
8.50
0
Aug
% Sep
26 K Aug
28'4 Jun
25%
Broulan Porcupine
Huron &
40%
"
preferred
Hunts
Feb
Jan
21c
11%
Cordage
Hudson
Sep
4%
29%
20c
American
Howey
Sep
7
9%C
9 Vic
Homestead Oil & Gas
Sep
9
20
14
i
1
Mines Ltd
3onetal Gold Mines
Bralorne
Mines, Ltd
British
Aug
Sep
Jan
9
8
16%
Bobjo
Brazilian Traction
6%
Aug
63c
;
40%
40%
—-——v
Brantford
Jan
40%
preferred--:—I-,:—10
Top
Class
common
9 %c
70,900
Home
Gold Mines.
Hollinger Consolidated
Range Since January 1
Shares
High
Low
Par
Sep
160
Jan
8
9
*
*
50
—
Ltd
Corp
Ribbon
Blue
43c
37C
39 % c
140%
179
159
156
157
for Week
Range
of Prices
Sale Price
High
Low
High
Low
100
1
of Canada——
Bidgood Kirkland Gold
Shares
of Prices
.ale Price
Last
STOCKS—
Range Since January 1
Sales
Week's
Friday
1
for Week
Range
Par
Bell Telephone
Sales
Week's
Friday
STOCKS—
Monday, September 27, 1943
COMMERCIAL & FINANCIAL CHRONICLE
/
165
65
21,670
6,425
13
Jan
Sep
102%
Jan
Mar
.
Jun
60c.
July
Jan
60%c Sep
l'%c Mar
3%c Aug
r
3'/4C
Jan
8c
Jun
20c
Jun
35c
Jan
3
July
July
1.10
Jan
10
Jun
59%' Jan
73
Apr
7
66
1.51
10c
Jan
Jan
Jan
76'2
Apr
2.57 July
21c
2.40
Sep
Sep
400
1.46
Jan
3%C
4'4c
4,500
2 '/bC
Jun
5c
Sep
1.05
1.13
15,336
65c
Jan
1.15
Sep
2 15
2.23
470
1.38
Jan
2.25 Aug
13%
13 7%
150
10V'4
Jan
2,35
__>••.
1.08
•
2.40-
14
Sep
Volume'158
Number 4215
«•„
/'
THE COMMERCIAL & FINANCIAL
'•
•• ••
V.^'.
•
STOCKS—:■••^ >
'■
Par
—-—
Preferred
100
Mines
Elevators
Toronto
;
Toronto
:
Mortgage
Trusts
Union
Gas
of
Co
United
Fuel
United
Oils
class
85
7
88
7%
8
15%
15%
33
33%
a
7%c
94c
30%
55
68
Jan
86
88
10'A
Jan
9
Jan
16
July
45
32'A
Jan
37
3.45
36.393
8,000
Low
Feb
.
6,300
4%
4%
1.78
5'Ac
225
1.70
8,785
Vermilata
Vulcan
Oils
Oils
1
Ltd
Mines, Ltd
Walkcr-Gooderham & Worts
4%
•
10c
Toronto Stock
•
corn-
Co
30
$1,000
30
Sep
.30
Sep
37
2,000
26
Feb
45
Feb
Funds
>>>'.;>■';?
Friday
Week's
>>' Last
STOCKS—
Sep
Wiltsey Coghlan Mines
Winnipeg Electric common
__
291,400
9'Ac Jan
36c
1,000
20c
,,
5.60
4,545
3.40
Sales
of Prices
Shares
Range Since January 1
James
Dominion
19
Jan
3
Jan
8
Disher
Oil
Steel
Co
86
40
Jan
91
Jun
Foothills Oil
&
575
12
Feb
17
July
Humberstone
Shoe
4c
57
pfd- ..100
88
88
l%c May
3% May
6%
56
10,000
82
6%
88
V
.20
50%
•
5c
62'A July
Jan
69 > Feb
175
July
Osisko
8'A July
88
Sep
Pend
v:;':j>>>>.
Lake
Aeronautical Securities
Affiliated Fund Inc—
AAmerex
.....1
l'A
Holding Corp
14.74
2
.1
Bankers Nat Investing-—
ACommon
1
Industry Shares
Bond
Inv
of
Tr
10
Fund
17.91
30.42
•
4
1
100
•-
139.
Corporate Trust Shares
IV
.Series AA modSeries-ACC mod
& Forster
.ACrum
\
...
A 8%
28'A
common—-10
118
2d
-Low
30'A
,
priced stock-
31
111
.
..
Delaware
B
Fund-,
-Diversified Trustee Shares—
v.
C.j
■
470
*
>•
—
;
v,
•
,
Balanced
Stock,
.
21.43
19.95
..
Fund--,-.—1;-4 11>91
29.57
30.31
17.78
(Mass)-8
Equity Corp $3 cony pfd—1
Fidelity Fund Inc
•
4.07
4.53
Financial Industrial Fund,
Mutual
Inc.
Fund
Trust
B
Fixed Trust Shares A
Foundation Trust
Fundamental
10
Shares
Invest
3.70
2
.
Fundamental Trust.Shares A—2 /
B,
A General Capital Corp
•
31.95
34,35
5.18
5.58
NewarK
11%
16%
Monarch
56%
59%
National
Automobile
Aviation
shares——— 4
6.32
Building shares
'•
~
6.08
,7.95
—
6.77
5.90L
6.50
8.87
9.75
4.83
5.32
6.96
> 7.65
6.80
7.48
Electrical Equipment
Food shares
Administered
Fully
shares—
bond shares—-
General
,
;
Industrial Machinery shares—
6.00
r
Investing
6.14
<6.76
Low
5.59
10
16%
59%
62
National
Merchandise shares
6.13
.
Mining shares
>;•
Petroleum
Railroad
RR
5.04
shares--
,
40%
43%
National
Union
2'/a
7%
8%
Shippers
_25
85%
100
Fire
Tobacco-
Utility
sharesJ^'k-j-i-—--•i^;,-:':>3.99>: 14.40
!
shares
4.30
—-
4.74
Income
..
.
Holding Corp..:
Foundation
Common
1
Fund
Incorporated Investors——.—5
Independence Trust Shares
•
Institutional
Securities
1.42
20.20
21.72
2.20
24.47
Investors Fund C_,—_—
12.18
> 12.47
1
Commodity Credit Corp—
t\Vo7o
Feb 13,1945
Federal Home
Loan
%s
4s
4s
3s
Banks—
Oct.
Federal Land
1,
b0.75
1964-1944
102%
1955-1945—
JSfJ
/W
>
104
Revere
50%
St, Paul Fire &>Marlne—i„62%
Seaboard Surety
_10
6.53
7.22
.tiii
9.78;
5 88
9.38
10.75
Glens Falls Fire
2nd
10.31
preferred
Great
15
com.
American
5
29 %
9.38
Hartford Steamboiler Inspect.,10 >
44'A
Home
31%
(NY)
U S
37 VbK > 39%
5%
7%
10
25'A
27'A
10
(Texas)
(Paul)
23%
25%
Fire
202
312
55%
53'A
10
38%
25
128%
40 Vi,
134
10
66
484
•>'
69
100
499
Fidelity & Guaranty Co—2
38 Va
U S
Fire
U S
<
99
2
Travelers
>47%
Guarantee
40'/a
3 3'A
8.58
10
Fire
28
,10
—
96
5
30
100%
4
50'A
10
76%
81'A
2.50
34%
36%
—
-
Westchester Fire—
53%
11.19
8.46
6.32
New York City Banks & Trust Cos.
6.96
10.49
11.53
5.24
>•>> Par
6.39
7.08
Bank
5.93
6.53
Bank of New York
38 'A
l
Bid
•
Co.—10
2.27
48
100
Par
20%
3.70
Fulton
3.82
Trust
14.47
—
46%
48%
Irving Trust
88'A
93%
95%
99
Kings County Trust
Lawyers Trust
35%
37%
45%
47%
Trust
Bank
&
210
6.79
1
3.47
220
312
10
13%
100 1,400
_
14%
—
'
'
42 >'•
35
45%
47%
51%
—25
Manufactures^ Trust Co com__20
53%
■
•
Conv
•
preferred-
(J P)
National
__
20
_
& Co Inc
_
City Bank-
-100
195
205
-12%
33%
35 Va
25
87%
9 l'A
48%
Public Nat'l Bank & Trust- -17%
33%
76
80
Title
100 1, 495
1,535
Trust—10
16%
18%
New
Exchange Bank & Trust_20
Empire Trust
50
45%
National
Ask
160
304
lUU
_
_
_____
Morgan
100
Continental
Bid
150
Guaranty Trust
_10
53
13.46
6.16
Ask
19%
Chemical Bank & Trust
_10
Commercial National Bank &
2.63
1
Manhattan
Brooklyn Trust
——100
Central Hanover Bank & Trust 20
Chase National Bank
13.55
2.69
:L-—1
of the
Bankers Trust
2.10
Bank
York
Trust-.-
Guarantee &
Trust-
12
United States Trust
5%
100 1,200
3.81
J
r
1
L
36
5%
1,245
Recent Bond Issues
4.16
6.73
*
13.99
14.88
80.05
Super Corp of Amer AA_
Bid
Idaho Power 3%s
Ask
86.02
1
2.38
Panhandle Eastern
L—4-1
2.29
Public
1
ASeries .0————
ASeries
D
Trustee Stand Oil
2.19
_1
5.82
2%s
1
Trusteed Industry Shares.—25c
Union Bond Fund series;A
C
•
73c
Banking
; Corporations
Boston
First
6.50
3%s
107V\
107%
United
16.03
15,
Mar 15,
17.62
1944
15,
Mar 15,
tMar
tDec.
2%
2'A
1
10
22%
_
_
1944
Finance
15,
-
-
U S Conversion 3s—
„„
„
„
Gas—
1972
105%
106
1958
-
99%
100
15,
1946
15,
1947
%%
1
100.10
100.22
%%
99.30
% %
100.17
100.14
100.16
%%
99.23
99.25
%
99.31
100.7
100.10
Oct.
1
Oct.
Oct.
'
Nov.
—1946
105%
'
.
!
100
100.1
108
130
131V2
are
21,
28,
4,
,
b0.37
b0.48
100.26
0.62%
b0.76
0.74 %!
b0.76
0.74%
b0.79
■
0.77%
Treasury Bills
for discount
at
purchase
Bid
Nov. 18,
0.30%
Nov.
0.32%
Dec.
'Dec
1943—
26,
2,
C.33%
b0.37
0.33%
b0.37
0.33%
—
1943—
—b0.37
1943——
0.32%
0.32%
Dec.
16.
1943—
0.32%
Dec.
23,
1943———
9,1943
Ask
b0.37
12, 1943.
b0.37
—
0.45%
b0.64
—'
—
b0.37
1943—
100.17
0.35%
—
b0.37
1943
100.15
Ask
0.28%
Ask
100.24
Indebtedness—
—
b0.37
1943
of
Rid
1%%
1%%
b0.42
__
t%s Apr 1 1944—
t%s May 1,1944
t%s Aug. 1, 1944— —:
b0.37
—
1943
point
0.34%
b0.375 0.35%
—
—
b0.37
——
b0.37
—
0.35%
0.35%
106
107'A
1943—
a
—
t%s Nov 1, 1943
f%s Dec 1, 1943
t%s Feb 1, 1944
Nov.
7, 1943
14,
Certificates
100.19
1%%
Treasury bills—
Oct.
1,1944
100.8
100.20
%
Rates quoted
Sept. 30,
32ds of
Int. Rate
tSep
Bid
100.4
more
100.10
United States
100.2
or
100.8
%
Ask
Corp—
one
Maturity—
1
_
1946
Ask
tDec
-
1945
Bid
100.7
-
1945
15, 1945
tMar 15.
,
0ther lssues
103
&
—
100.5
24 %
Feb
^
5s
Elec
Drug 3'As
1%%
-
Sep 15, 1944
fSept. 15, 1944
_,
1
Int. Rate
1943
Jun
:
Corp
MaturityDec
Housing Authority-
102%
105'A
Carolina
103%
Figures after decimal point represent
18.24
A,
Co
notes
104%
South
Quotations For U. S. Treasury Notes
8.04
1.75
Apr 15, 1944
:
3
1950
(Jacob)
101%
103%
25.60
Bid
U
101
1973
20.90
15'A
1
y
Investment
A
Ruppert
1953
(Indiana)—
82c
23.42
16.68
—J
-
&
107%
6.40
7.35
.J__;
U S El Lt & Pwr Shares A_
ABlair
107
43c
19.15
<•.
Union Preferred Stock Fund
B
Ask
1972
Service (New Hampshire)
3'/4S series A.
1973
5.94
B
B
Bid
Puget Sound Pow & Lt—
4'As
Shs4—25c
Fund
109
Public
i
Class B
Series
108'A
Pipe Line—
debs
Service
3V4S series E
Shares—
Trusteed Amer Bank
>
1973
—
Trustee Stand Invest Shs—
•No
„
1,
1956-1946—
105V2
105 U
U S Conversion 3s
-1947
Mav
I.
Ifl5fir1f)4fii—
106^
106%
Panama Canal 3s.
1961
31%
Corp
,_10
Standard Accident
67%
Hanover
5
Security New Haven
Springfield Fire & Marine
f 16
63%
——
Republic
11
Hartford
4.75
•
9%
Preferred Accident
20%
7.53
7.80
1
Ins.
.•
Phoenix
46
9.63
7.69
10c
18% >,
43%
5
6.84
•
10.45
—
47%
10
—..5
46\\
145
>•8.76
8.53
'm
_5
„£
Globe & Republic—
Globe & Rutgers Fire
6.48
•
Fire
General Reinsurance Corp
Gibraltar Fire & Marine
13.15
—
3s Jan.
3s
17 Va
30%
L
—L
;
100.6
104%
93
15%
.14%
•
1%%
102%
.50%
89
13%
Franklin
:6.54
Corp
Bank Bonds—
1946-1944
48'A
28%
Ask
0.60%
10
10
5
.-——J
-'V
.
1943
113'A
5
4.74
,
42%
5%
108 %
Reinsurance
•
State St Investment
Reconstruction
100.4
Indemnity Co
59%
4%
94'A
25
91'A
Fireman's Fd of San Fran
Firemen's of Newark
Obligations Of Governmental Agencies
Bid
Pacific
55%
5
12.50
87'A
3.40
7.33
10.33
•/> 1.24
22.51
Fire
10
3.00
•>6.67
•
1.13
Pacific
Providence-Washington
6.07
90c
Insurance Group shares—,—
Investment Co of America—10
Northern
72%
1—
12.04
82c
;
Northeastern
43%
34%
68'A
Wellington Fund.
.
10.98
Group shares
40
40%
32'a
10
Sovereign Investors
Spencer Trask Fund
2.49
Ltd—
Aviation Group shares
Bank
*1.56
25%
River
91.70
Stock
10c>
23%
North
Fire Assn of Phila
9.47
Inc
—
15%
2.50
20%
iu
89.88
16c >. j 28c
-
5 0 V4
14%
13%
136
34%
47%
5
—10
-10
32
10
New
38
29%
10
22%
5
•9
27%
2
New Hampshire Fire
York Fire__
20%
10
64%
197
New Brunswick
615
_5
City of New York
Casualty
25%
7%
187
20
♦
Series
A Huron
90%
590
2
20
j
6%
-
61 %
10
Fire
Amsterdam
8%
5%
Federal
J,'.—A.
ASeries A
4.18
New
6%
7%
22%
Fidelity & Deposit of Md
ASeries B
4.63
4
1.38
—.
Fund, Inc_"
7.0C
3.79
Y
(Detroit)-.10
7.62
—2'A
Selected Income Shares—;
1
3.31
4.20
———,
51
1.25
Selected Amer Shares
6.36
Equipment shares
48
5
:
Scudder, Stevens & Clark I-
6.74
5.55
75
7.05
L
Republic Invest Fund
3.00
shares————
Steel shares—
•
6.60
5%
71%
Liberty
10
10
1
National Fire__
25
15'A
8%
5
Ins
Surety-
First
6.15
Price Shares
Fire
Casualty
Reserve
Connecticut General Life
•
—
Ask
12 %
1
Plymouth Fund Inc
:
Putnam (Geo) Fund—J.
7.45
Chemical shares-i^—w
/:
•v
5.52
Bid
>_20
—
American
Employees Group
Employers Reinsurance
6.48 4 :7.13
shares
k
Casualty
American
Continental Casualty
Quarterly Inc Shares—100
shares—
Agricultural
12%
15%
10
Corn
Group. Securities—,1
Fire
Knickerbocker
2%
Re-Insurance_
11.77
!-!
-
Series 1958
1
General Investors Trust
Fidelity & Casualty_5
10.77
3.60
Homestead
Merchant Fire Assur
Merch & Mfrs Fire N
10.98
ti—
equipment
Series 1956-
Sep
Par
148'A
21 %
10
Series 1953—
4.47
12c
Companies
19%
10.21
•
140'A
S
22.51
■
i-i-,
Series 1955
Sep
Jan
Ask
Maryland
20.93
North Amer Bond Trust ctfs
North Amer Trust shares-
5.46
4.72
:
•
—
-
23.31
27
Massachusetts Bonding
1
!
Railroad
-
Bid
13%
Boston
—-
RaiU-oad equipment
Jan
5'Ac
79'A
Bankers &
—•
Steel
500
25%
Camden
;
stock—.
Oils
:
4.30
21.27
A—1
Inc
12-79
31.80
31.31
19.15
1.78 j 4; 1.96
5.56
.6.21
9.56
.>;.
9c
11%
8.82
'
Machinery
'MetalS; w—.—
c
9c
Sep
Jun
18
76
American
11 •3; 12.20
stock
50
Sep
1.90
'
23'A
4.69
common
—
Chemical
27
10
Baltimore American
Buildingsupply———L„j-.
Insurance
1
27
25c
Inc—
-
25c
Jan
8
25
Alliance
39.40
England Fund
Bank
Apr
1.05
Agricultural
American ol
5.93
Electrical
Fund
Equitable invest Corp
j
.,
& Howard— ;>>>>
Eaton
First
;
11
7'Ac
2,400
American
14.09
4.27
Aviation
—
Apr
3,500
l
American CasualtyAmerican Equltaole—
10.74
;•,
Automobile
.5.55 :' >. 6 JO;
1.22
1.34
17
20c
1.55
__
16%
8.02
Inc_'
series
Agriculture
20.80
3.65
-A
,',,,
•
A-
-u-Cv>
lt
18c
1.54
Jun
41%
38.61
L——
New York Stocks
•,
—1
-
7
11
Sep
1.75
38%
American
'
New
--,
,19.24
—1
4:4 U- ^——^-^.———2.50
Dividend Shares-———-w—25<i
33
%>'•'*,
Jan
Jersey Insurance of N
4.26
-..Preferred stock series—<
•.
w
shares———10
A7.%
proferred—100
Cumulative Trust Shares—
•
-A Common
„
78c
5,900
Jun
July
36%
25.91
•
y.Crum; &• Forster. Insurance—
31
35
19.34
Low. priced bond series-*
v.
1.59
1.55
1
series
Income
:
.
~ v.
1.50
*
Automobile
Fund
Fund
Jan
10
10c
voting shares
Bond
1.55
1
Life
6.74
J.
Securities—
25'A
230
88%
94.30
National Investors Corp—
National Security Series—
2.70-
preferred—vi.—-—,—100
(Md)
<
,
27%
14%
92.41
series B shares-1
(Colo)
^
2.70
1
—
Invest
Natlon-Wide
2.24
——-I
Investors
Mutual
5.63
2.24
Accumulative series.ij.—1,
Investors Trust
37
27
86%
10
'
Mass
144
\
27
Apr
10
A—10c
Mass
2. 370
,2.38
1
AA
Common
Maryland Fund Inc
10.76
1 » 463
1
35
Consol Investment Trust
.
3.75
9.94 U
17.20
Manhattan Bond Fund Inc—
3.05
28.29
4
•
11'A
Insur Co of North America—10
6.15
Fund_>
15.79
1
„
FundJ.
14.40
47c
Sep
57'A
*
Fund
Loomls Sayles Sec
91
Jan
10
55
9.76
•
29.86
,
Jan
29c
5
10
12.82
-
S-3
Knickerbocker
70
1,550
'•
10
17.58
i
Loomls Sayles Mut
—1
Commonwealth Invest
Series
103.75
10
43c
Sep
Sep
6'A July
,
,
23.56
—
S-4
:
Janc
MARKETS
Aetna
9.47
15.67
S-2
.
Stries
16.66
Securities, com.—100 2,270
Preferred
Series
27.62
Chemical Fund
Christiana
Series
5
Ltd
Fund
:
99.50
Ltd—i.
inv
4 %
5'/«
,
3.73
America
Century Shares Trust
;
4%
Iuc----;---———5
Broad Street Invest Co Inc
.
3'A
5
18.98
8.61
K*-2
3
9'A
Aetna
29.04
17.29
—
Series S-l__
9,447
11%
1
High
l%c
Jan
11%
Metals
Ord
Low
l'Ac Mar
6'A
90
43c
■'!
A.
Ltd——.
Mines &
Par
33.48
26.50
-
:
K-l__
Series
90
V.U-.;
"
*
Co
.
"
pfd
Gas
Ask
30.55
B-4_,
Series
,
14.60
13.58
B-2—
B-3,,_
:> Scries
7
.
preferred
Basic.
Fund
6'A
5%
•'
.
Aetna Casual & Surety
1
-A
Series
13.59
Oil Shares
B-l
Series
3.68
Axe-Houghton Fund Ino—..;
Canadian
Series
25%
3.36
Assoc Stand
Bullock
24%>>
1
Bid
Keystone Custodian Funds-
3.75
Foreign Investing. 10c
American
Boston
3.42
5%
*
.
Co
Supertest Petroleum Corp
Temiskaming Mining Co
Quotations for Friday Sept. 24
Par
7.50
5%
A-.
Insurance
Ask
6.90
10
American Business Shares
A6%
Bid
15
_
Investing Companies
Par
>•
,
9%
Mines
Oreille
OVER-THE-COUNTER
9%
"
»
80
3%c
'•
5,000
Bridge
16%
56
1%C
—100
Ltd
70
6%
High
1%C
•
Construction
15%
Ai.— '•
*/-. •;
*
—
Ltd
Dalhousie
Jun
47
20
100
Wood Alexander &
56% May
21% Aug
230
490
5%
Ltd—
Consolidated
Paper Corp.—
Corrugated Box preferred
Jan
56
21%
Low
>1
Mines
Vinegars
5.80 Aug
5%
1
•——
Canada
Feb
Trethewey
Jan
55%
79
Brett
Sep
•
'
for Week
Range
Sale Price
,
"
Sep
36c
Mar
21%
-
Preferred
7.25
36c
55%
•
—
Jan
5.35
»
_
4.40
,
2 l'A
100
common
6,651
26c
com-"
-
_
Ltd
Mills
Apr
10'Ac May
Exchange-Curb Section
Canadian
Apr
1.85
31c
5.40
•
Flour
7.25
4.20
Mar
Sept. 18 to Sept. 24 both inclusive, compiled from official sales lists
Jun
6
Jan
Jan
95cf Jan
26c
—
Canada
Wesrona
35c
A
Preferred
Preferred
6.90
1
Waite-Amulet
Western
7.15
High
Jan
8c
37
Par
*
Ventures, Ltd.
2.50
30
a
July
7%
6%
Jun
6
3.30
9'Ac 10'/2C
Brown Oil debentures
Uchi
Jun
Apr
3.40
Sep
74c
6%
50
8'Ac
Jan
Apr
Girl
Range Since January 1
High
9'Ac
Gold-
Yankee
Shares
Bonds—
Sep
July
Sep
35c
4%
1
for Week
of Prices
Low
Mines.
Ymir
Sep
Sep
68
1.72
_
Upper Canada Mines Ltd
.
8c
109
Jan
Jan
1,695
33%
Mar
-
Wrlght-Hargreaves
Sep
Jan
51
7%
9
>
23%
27,700
7'A
Sales
Range
Sale Price
Par
3.45 Sep
50%
-
5
62c
15 Va
_..50
_
82
88
———
United Steel
10
7%
A
100
140
53
60c
0
Ltd
30%
7Vi
__
Mar
61c
88
0
—
Corp B
5.
60c
•
Canada
6
STOCKS—
High
1
Jan
2,700
30
'
«.
82
——
City Rapid Transit common...
United
•
50
Transcontinental Resources
Twin
.y.V '
100
Corp
109
70c 80'Ac
—50
,,1.85
10
53
common
•_—'—
General
109
75c
"
Ltd
[Low...
10
A.
1
--
Preferred
Toronto
9
,
•
Range Since January 1
2,891 %
3.35
Week's
Last
Shares
High
3.30
•
—
Gold
;-'k Low
3.30
Friday
for Week
Range
'.•'V
—1
1275
Sales
■V-i'j';.' '• Sale Price > of Prices
Teck-Hughes Gold Mines
Tip Top Tailors Ltd common
Toburn
Last
,
:%■; >>v >>'
Week's
Friday
-
CHRONICLE
s
par
value.
«
Odd
Cash sale—not Included In
bonds
are
subject
to
all
lot
sales,
range
Federal
b Yield
for year.
taxes.
price,
d Deferred
x-Ex-dividend.
AQuotations
y
delivery,
Ex-rights,
nntfurnished
bv
r
Canadian
tin default.
snonsor
or
issuer.
market,
fThese
THE COMMERCIAL & FINANCIAL CHRONICLE
1276
THE COURSE OF BANK CLEARINGS
Monday, September 27, 1943
Week Ended Sept; 18
:^
Y ?1
'
1943
V-J' \'~i
Fifth Federal Reserve
District—Richmond-
i'i-l
+
Bank clearings
this week show
increase compared with
an
Prelim¬
a year ago.
West
inary figures compiled by us, based upon telegraphic advices from the chief cities ot
the country indicate that for the week ended Saturday, Sept. 25, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will
be 22.1% above those for the corresponding week last year.
Our preliminary total
stands at $10,378,749,430, against $8,501,822,771 for the same week in 1942.
At this
center there is a gain for the week ended Friday of 27.8%.
Our comparative sum¬
mary for the week follows:
'
."i
'
111
'
Virginia—Norfolk
Week
Ended
York—
Chicago '
Philadelphia
Boston
lq43
Sept. 25
——.V.
—
$3,271,881,849
Tennessee—Knoxville__i_j_^
Nashville
_J
'
,
City
>
330,602,905
+ 30.3
+ 13.9
332,598,002
.183,988,895
154,328,359
+
172,900,000
267,979,000
135,200,000
;: 219,210,000
245,096.425
217,886,764
+
Cleveland
208,116,388
166,146,740
Francisco
_w~.
Ten
five
cities,
days
Total all cities, five
All
•i.P.Ol
cities,
Total
all
+
41.7
+
26.0
Seventh Federal Reserve
+
27.3
1,909,044,320
1,499,461,005
$6,847,848,464
—
_
week_
for
cities
101,999,186
$5,348,387,459
___—_——
1,653,974,307
$10,378,749,430
$8,501,822,771
South
District of 31.0%.
Reserve
-
-
following
SUMMARY OF BANK
Ended Sept.
Week
Boston
——
615 804,894
393,356,466
"
6,515 068,292
3,983,376,800
853 791,082
—-v.—-
10
"
7
"
——-
6
5th Richmond
7th Chicago
+ 28.6
486,806,162
536,998,001
368,579,168
+ 24.7
363,388,338
+31.0
+ 36.2
538,793,096
+ 31.3
269,281,594
166,907,885
37.2
174,745,923
130,723,172
214,743,740
156,078,041
112,619,532
85,061,409
402,589,576
298,980,614
"
381 608,769
278 300,543
202.876.622
City—— 10
"
"
324 511,948
278,105,630
-v
G
"
172
086,599
131,138,813
+ 31.2
10
"
668 807,499
526,554,964
+ 30.8
11th Dallas
Francisco
V
V +
i
;
12,199,004,862
8,349,284,717
:—
5,891,642,709
cities
571,592,986
—-HI cities
York City
Outside New
(17 cities)
32
——
add
now
our
week ended Sept.
detailed statement
18 for four years:
16.7
f
+ 46.1
199,875,747
7,374,433,375
4,545,414,454
+ 29.6
3,763,667,975
478,416,719
+19.5
442,473,145
Ended
1942
Sept.
Inc.
$
1940
Worcester
Rhode
+ 63.1
905,560
+ 38.0
430,773
+ 35.2
625,518
1,144,600
+
36.1
1,095,488
4,332,171
+ 41.0
+ 48.0
2,634,005
2,170,031
41.4
14,447,952
5.090.809
22,719,900
719,178
615,804,894
+
724,477
454,902
■i
i
889,747
3,110,151
0.6
17,729,200
+ 17.0
620,550
393,356,466
+ 56.6
357,464,024
Total
'■
■
—27.3
8,759,429
%
;
8,360,592
:V-;'S
1,291,700
1,750,426
Elmira
+ 35.5
1,679,402
+ 16.8
54,200,000
10,310,240
1,304,308
36,700,000
2.6
755,668
1,082,509
York
3,610,765,400
2,933,085.196
3,803,870,263
+ 65.8
15,139,951
10,205,666
+ 48.3
7,687,115
+ 27.8
9,481,899
5,609,073
+ 69.0
Syracuse—
New. Jersey—Montclair—
579,217 v.M'--.
•
Newark
564,037
44,741,963
Total (12 cities)-.;—-——
9,755,603
7,604,918
5,455,664
4,848,868
6,099,251
'
4,773,629
520,812
522,308
—24.8
45,923,772
6,515,068,292
2.7
■<+
29,755,408
Northern New Jersey
•
26,852,166
21,508,153
.2.6
35,984,355
29,389,239
—
3,983,376,800
+ 63.6
3,761,511,422
3,051,683,617
District—Philadelphia-
Pennsylvania—Altoona
Lancaster
455,240
470,963
736,910
+ 131.9
466,163
685,514
497,579
Reading
473,292
463,353
1,658,528
+ 15.1
1,645,828
1,280,011
648,000,000
+ 28.5
472,000,000
420,000,000
2,037,345
_
Wilkes-Barre
1,315,594
+ 54.9
4,169,156
—
Scranton
2,973,314
+ 40.2
2,728,638
2,371,636
1,423,622
1,891,779
+ 36.0
1,272,078
1,733(784
4,474,700
1,052,713
+ 16.8
1,935,754
York
———.
2,208,825
Jersey—Trenton————
5,093,900
Total"(10
+ 66.8
1,908,348
833,000,000
*
Philadelphia
New
+ 121.1
830,060
_
406,549
1.708,631
—
Chester
cities)—--
853,791,082
-
5,193,900
—
664,097,775
1.9
+ 28.6
1,556,439
486,806,162
1,475,920
1,522,496
4,108,000
433,430,606
Cleveland
;
*
•
—,
Youngstown
Pennsylvania—Pittsburgh
Total
(7
cities)
—
—
_
290,425,171
19,339,600
5,232,999
Columbus
Mansfield
.
.
132,499,808
216.272,431
2,180.864
_
3,820,137
142,023,034
.
538,793,096
397,872,999
+ 29.1
171,400,000
150,200,000
100,500,000
+
36.2
65,596,321
43,156,116
+
31.6
52,835,273
22,612.248
872,000
+
40.8
650,000
639,521
290,612,676
+31.3
269,281,5.94
166,907,885
4.932,674
141,283,259
+
5.6
4,211,632
+
36.7
119,567,177
3,415.344
86.091,58S
46,102.685
+ 46.5
39,530,056
31,742,295
3,159,059
+
7.9
1,486,711
+
8.3
3,355,217
1,623,945
2,917,611
1,095.851
1,216,877
+ 19.5
1,334.403
6,018,437
1,003,953
4,690,357
+ 28.3
5,123,433
4,456,519
202,876,622
+37.2
174,745,923
130,723,171
'
"vv
278,300,543
.
305,704
197,819
54.5
+
,
106.073
"275,000
\
-
„
200,000
+ 37.5
5,172,922
85,518,180
3,739,927
+ 38.3
-r-
;
61,164,927
+ 39.8
49,321,055
/
2,117,327
'+26.3
2,077,833
5,504,033
+ 54.5
90,611
181,916
3,281,236
2.674..160
1
4,474.329
8,501,712
—
123,60!
2,970,87'
;
33,863,04
.2,077.84:
+ 10.5
149,678,944
2,858,601
109,375,97:
4,988,186
—87.6
4,122,901
1.414,371
3,569,93;
1,185,568
+
19.3
670,948
1,200,084
555,34(
953,019
+
25.9
828,506
592,Q0(
324,511,948
278,105,630
+16.7
214,743,740
,/
(10 cities)
V
198,054.824
616,376
218,833,439
;;
-r •'
+
>
156,078,04
'i*
2,376,160
+ 59.4
2,002,199
1.954,414
+ 32.9
68,673,533
12,824,181
91.193,850
10,504,888
3,1^4,000
—
,
106,159,592
15,844,996
—
3,786.659
141.048,000
•
>
3,238,000
*
+ 23.6
2.9
—
2,939.000
7,146.436
2,468,000
1,783,405
1,196,820
+ 49.0
1,450,897
6,429,539
975,193
5,294,060
+ 21.5
4,508,698
3,843,833
172,086,599
_
Louisiana—Shreveport
131,138,813
+31.2
112,619,532
85,061,409
-
(6 cities)
Twelfth Federal Reserve District—San
Francisco—
Washington—Seattle
134,400,953
Yakima
Utah—Salt Lake
—
City.
'+
■
—
California—Long Beach—
-
Francisco
i
San Jose
1,389,115
30,542,078
+
S3.5
47,489,326
25,971,520
5,364,616
19,562,622
285,737,413
259,593,769
749,174,838
634,618,343
+ 10.7
3,487,820
+
7.2
100,033,413
73,275,033
+
34.3
190,924,328
129,491,333
15,239,500
+ 26.9
14,417,100
11,338,000
2.793.057
—22.1
3.088.811
2.145.411
4,394.646
+ 19.1
4,394,209
3,676.477
10.1
220,652,320
145,943,176
+18.1
536,993,001
368,579,163
+
.
3,709,738
6,401,678
-
2,736,716
1,230,942
5,184,716
+30.8
402,589,576
298,980.614
+ 46.1
7,374,433,375
3,763,667,975
5.759,725,301
2,826,640,105
1943
1942
Sept
Inc.
26,854,319
42,439,683
6,972,899
4,124,008
+
6,733,384
7,410,000
147,336,102
6,576,364
——
Halifax
—
Hamilton
Calgary
.
9,273,026
John.:
7,195,505
2,541,204
—•—
2,574,712
1,954,399
2,291,719
London
3,214,448
8,828,179
Edmonton
Regina
,
Brandon
+
3,098,813
6,476,403
9,122,517
9,408,349
+
3.1
9.1
—
—
Saskatoon
—•
5,403,657
3,237,390
5,766,858
9.1
+
28.9/
6,364,905
—
1.3
2,135,818
2,067,468
1,809,017
3.7
2.925.757
2,731.303
+ 36.3
6,100,791
4,857,841
5,645,466
8,431,239
+
—
3.0
4.7
Westminster——
1,042,818
+ 13.0
1,088,983
+
805,877
1,003,419
536,244
498,824
1,028,503
1,444,824
901,528
1,012,964
1,512,729
4,552,679
4,883,961
—-—
Hat—————■+
Peterborough—
Bherbrooke—
—..
-—————■——•
Albert
Moncton
;
Sarnia
——
—
—.
*
—-
(32 Cities)
♦Estimated.
—
—
r
'
942,735
1,033,437
862,157
938,444
637,791
345,274
+ 14.1
721,397
+
—
—
604,149
5.1
1,217,603
854,130
4.5
.1,371,659
1,219,136
3,798,968
3,187,491
6.8
546,257
1,199,340
823,016
+
626,079
612,733
+ 14.9
916,532
1,098,444
571,592,S8S
*1,073,748
438,850
1,189,026
719,553
•
7.5
+
855,411
—
1,622,111
847,883
635,346
—
———
Sudbury
1,054,499
>
4iv,o45
592,573
1,709,845
733,179
—19.7
1,179,880
—
—-———
Kingston—
Chatham
—
;
6.9
506,430
1,995,830
592,501
*
+ 21.5
+
1,164,640
William—-—
New
"
''
—1,178,519
Brantford
Fort
5,617,849
+ 17.3
+ 12.3
915,854
27,147,685
4,935,039
+ 25.8
1,853,771
16,444,057
3,653,928
7,228,358
549,048
958,674
96,571,937
54,214,269
6.4
767,683
2,251,614
Jaw
100,614,720
5.7
965,626
.—
143,030,957
134,673,621 .♦
49,203,618
20,222,702
35,684,890
+ 59.8
—
1940
$
;:7
'
+ 14.8
616,851
Lethbridge
1941
+ 74.8
3,860,008
—
Quebec
46,831,967
29,302,522
67,832,426
—
—
144,802,109
81,852,517
Montreal
16
or
Dec. %
166,189,913
151,910,461
—
Winnipeg
Total
+ 29.6
Ended
$
Ottawa
1,377,056
2,796,774
526,554,964
Canada-
Prince
5.1
8,349,284,717
4,545,414,454
Week
Medicme
+ 93.6
—
3,799,447
2,874,582
170,428,000
3,760,735
668,807,499
5,891,642,709
Vancouver
3,503,564
222,288,000
4,572,309
1,472,216
4,138,604
+ 21.1
+ 40.1
12,199,004,862
cities)
Outside New York
Moose
+ 89.1
4,80.9,352
2,499,421
Toronto—•
V
+ 96.7
28.9,011,000
4,919,388
(111
45.502,957
1,900,724
39,232,376
6,736,568
*
—
(10 cities)—
Total
.
56,506,591
9.6
+
349,881,000
Stockton.
Total
76,871.432
+ 25.2
5,175,923
■;
Santa Barbara
Grand
+ 40.5
3,060,083
87,882,877
12,592,606
Pasadena
San
95,635,514
3,349,523
110,019,735
———
Oregon—Portland
Windsor--
4,230,757
Cincinnati
+36.2
67,528,937
——:
Kitchener-
Fourth Federal Reserve District—Cleveland—
Ohio—Canton
1,424,087
1,409,390
72,459,659
Victoria
899,063
Bethlehem-,
1,593,340
1,454,534
Dallas
St.
Third Federal Reserve
2,024,861
566,416,664
;
831,321
+
923,792
Connecticut—Stamford
4,592,407
13.1
3,408,593
1,609,621
Texas—Austin
805,437
+ 62.2
1,250,582
Jamestown
Rochester
+ 18.7
+
Eleventh Federal Reserve District—Dallas-
308,350,920
6,731,688
——i;
942,806
4,454,468
+ 48.2
2,047,143
5,207,413
Kansas—Topeka—
Wichita——i
689,402
—
68,100,000
Binghamton
439,819
1,177,971'
45,881,022
+
—
Missouri—Kansas City
St. Joseph
Colorado—Colorado Springs
12,125,600
614,564
Buffalo—
New
975,775
3,605,555
•
York—Albany
5.9
District—Minneapolis-
Omaha
4,369,203
5,943,390
306,823,364
r
Second Federal Reserve District—New York—
New
:v :
—
381,608,769
Lincoln
11,604,302
+ 39.8
2,342,112
15,066,170
22,581,600
(12 cities)
Total
333,747.641
8,306,537
Island—Providence
1,525,701
4,951,220
543,271
2,379,175
264,290,654
3,467,211
_
Hampshire—Manchester.
New
721,000
3.090.808
21,297,666
—
Haven
New
+ 12.9
—14.1
6,107,425
Connecticut—Hartford
318,700,582
193,073,008
Paul—
Total
739,037
5,370,548
1,557.242
Springfield
499,799
440,095,664
38.8
$
582,357
Bedford
New
4,132,338
+ 18.2
+
1,228,000
Wichita Falls
1941
1,249,432
:
9,675,927
5,129,398
2,114,027
Hastings—
/
11
or
Dec. %
544,486,586
River
Lowell
1,256,540
11,172,700
499,573
1,435,125
5,877,628
2,389,955
Nebraska—Fremont.
350,931,335
.
834,489
Massachusetts—Boston
438,350,340
1,611,622
24.1
+ 19.2
Tenth Federal Reserve District—Kansas
City—
2,826,640,105
"
.4,615,171
Portland
85.7
+
60 389 044
Ninth Federal Reserve
First Federal Reserve District- -Boston—
Maine—Bangor
+
Minnesota—Duluth
,
Week
1,594,492
12,796,455
6,210,735
2,228,568
98,691,725
...
Fort Worth—
1943
5,878,234
20,305,169
221,300,000
Toial (4 cities).
5,759,725,301
showing the figures for each city for the
at—
7,541,381
23,575,459
771,335,397
Missouri—St. Louis
Galveston—
Clearings
8.4
.
.
'>_•
Canada'
1,932,584
19,838,000
2,805,441
3,033,000
Pueblo
Totaf ;
27,280,000
590,590
608,277,116
Kentucky—Louisville—
Tennessee—Memphis
Illinois—Qulncy
397,872,999
4
_____
2,360,957
34.8
+19.9
+
*
Eighth Federal Reserve District—St. Louis-
167,181,123
475 ,954,298
239,209,679
279,670,626
7
Louis—
+ 10.1
+
Rockford
433,430,606
+ 18.1
17
1,570,032
7,401,406
308,350,920
314.741.621
;
320,202
3.364,253
2,471,693
+ 27.0
Springfield
3,051,683,617
634,618,348
566,416,664
290,612,676
—
9th Minneapolis
10th Kansas
357,464,024
3,761,511.422
63.6,
664,097,775
!.■•
601,124
4,259,279
2,960,388
Total (7 cities)
771 335,397
:
9.6
+ 29.9
+ 67.0
—
10,365,770
1940
749 174,838
•'
650,000
5,006,525
2,977,137
15,875,110
Dakota—Fargo
Dakota—Aberdeen..
Montana—Billings—
,..392 ,560,703
—10
199,875,747
35,496,685
;
Decatur-
%
+ 56.6
+
f
3,133,87.9
South
1941
Inc. or
cities
159,887
35,330,000
3,366,982
.Peoria
Helena
Dec.
$
12
-—__i._—
Philadelphia
4th Cleveland
1942
$
>
45,492,193
45,075,675
Chicago
Total
'+2,303,442
3,451,709
■:
Dhnuis—Bloomlngtou-__«_-^
•
3,414,613
47,631,000
4,035,797
11,237,734
•
Haute
St.
CLEARINGS
12
—_
York
6th Atlanta
1943
18
Districts
Reserve
279,670,626
587,301
Minneapolis-.—
by Federal Reserve Districts:
a summary
+31.0
335,804
4,970,675
Sioux City
\
furnish
we
66,768,276
363,388,338
27,041,728
218,317
+ 62.9
Des Moines
•
''
+ 17.4
Wisconsin—Milwaukee
'
1,253,345
•-+ 27.0
■
1,577.123
27,883,000
4,594,832
Iowa—Cedar Rapids
-
■
1,727,763
24,472,000
39,853,713
v
475,954,298
North
Tn the
Fall
+ 22.6
965,070
21.1
+
*
The Chicago Reserve
District enjoys a gain of
36.2%, the St. Louis Reserve District of 31.3% and the Minneapolis Reserve District
of 37.2%. In the Kansas City Reserve District the totals are larger by 16.7%, in the
Dallas'Reserve District by 31.2% and in the San Francisco Reserve District by
We
47,026,806
—
Bend
Terre
they are located and from
this it appears that in the New York District (including this city) the totals register
an expansion of 63.6%, in the Boston Reserve District of 56.6% and in the Philadel¬
phia Reserve District of 28.6%.
In the Cleveland Reserve District the totals show
an
improvement of 18.1%, in the Richmond Reserve District of 24.7% and in the
12th San
+19.2
+ 37.8
264,472
81,204,737
Indianapolis
+22.1
cities according to the Federal Reserve Districts in which
8th St.
73,600,000
District—Chicago—
Indiana—Fort Wayne
clearings for the whole country having amounted to $12,199,004,862, against $8,349,284,717 in the same week in 1942. Outside of this city there was an increase of 29.6%,
the bank clearings at this center having recorded a gain of 65.8%.
We group the
New
5,027,625
21,537,304
6,505,183
Grand Rapids
Lansing_'_
4.6
+
In the elaborate detailed statement, however, which we present further below
we are able to give the final and complete results for the week previous—the week
ended Sept. 18.
For that week there was an increase of 46.1%, the aggregate of
1st
7,362,333
34,188,541
99,700,000
2,308,861
1,900,000
:
/
28,681,905
33.7
37,587,091
Michigan—Ann Arbor
+ 26.3
Complete and exact details for the week covered by the foregoing will appear
issue of next week. We cannot furnish them today, inasmuch 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.
2d
+ 46.6
+
132,311,586
:
(10 cities)—
4,200,000
+ 28.3
36,867,332
5,395,391
Mississippi—Vicksburg
Louisiana—New Orleans.
12.5
Total
—$8,648,957,858
1,729,791,572
-—
days
day—
one
27.9
+
+ 22.2
our
3d
167,18.1,123
57,663i507
Mobile.
$6,739,913,538
—
Other cities, five days—
Federal
239,209,679
"'2,300,000
14*,D23,010
Baltimore——
:
81,757,583
+ 25.3
San
30.8%.
125,641,393
36,480,979
51,782,423
_.
Alabama—Birmingliam__,
Pittsburgh _i:_.
1,328,233
+ 25.2
+ 40.8
8,534,207
—
Florida—Jacksonville
19.2
50,439,548
1,950,790
+
—
126,000,000
2,751,387
Macon
70,048,648
0.7
+24,7
49,301,342
161,b00,000
.
\
9.5
+ 18.3
314,741,621
12,512,858
_____
$
1
•
•; Augusta—
+ 22.3
459,000,000
-
Georgia—Atlanta..
27,8
+
292,131,656
4u4,jtio,376
598,000,000
—
r——
—
Kansas
Atlanta
~
1940
^
'773,804
7,602,000
2,696,624
174,745,244
39,851,156
Sixth Federal Reserve District—Atlanta—
;y;:^1942
;
$4,182,346,442
:
:
St.. ]Louis
in
Columbia—Washington^
1941
:
,
848,869
4,289,000
88,857,044
'
'
V
New
!+48!9
392,560,703
__
Total (6 cities)
Clearings—Returns by Telegraph
989,553
8,327,000
Carolina—Charleston
Maryland—Baltimore
'
^
Inc.
105,140,086
2,676,990
218,848,798
56,094,045
Richmond
District of
:i:V
or
Dec. %
+
'vv $
1,473,784
.
South
'
'
Virginia—Huntington—
1942
•
'■
-
+ 16.3
444,678
418,534
0.9
1,130,534
3.9
745,145
859,946
693,441
—
601,593
604,256
+ 49.6
568,820
437,435
7.4
1,083,537
856,365
+ 13.5
442,473,145
350,931,335
+
'
Volume
158 ' ' Number
General
■
■
•
:--vXX
'-iv'S-V
■
i
.
i-&si
THE COMMERCIAL & FINANCIAL CHRONICLE
4215
Eureka Vacuum Cleaner
Corporation and
increase
for
company
by
H.
W.
call for
of
330%.
over
the
in
Co.—Triples War Production
production
war.
ended
July
31.
President,
and
schedules
year
Burritt,
it
announced
was
for
the
continued increase. ' '
a
reported
was
for
"Our
(Continued from page 1242)
'
creditors
on
open
account,
$840,880;
acceptances
under
letters
of credit,
$19,588;
employees'
deposits on U. S. Defense bonds, $7,505; declared div. on cap. stock,
$30,000; notes pay. (maturing within 1 yr.), $419,000; install, contracts
payable—trade
(maturing within 1 yr.), $4,720; accrued accounts, $545,833; notes pay¬
able—bank, $200,000; purchase money obligations of S. S. Realty Co.,
Inc., $237,009; purchase money obligations under installment contracts,
claims
for
reserve
under
insurance
self
workmen's
shares, no par),
156, p. 1149.
in
of provision for pending
$7,179; capital stock (120,000
excess
compensation,
surplus,
$1,347,786;
total,
$2,480,657;
$6,153,746.—
V.
Sept.
on
next
12
1942,
amount
"In
21
,
of
have
we
other
addition
been
essential
to
the
motors
said
that
version
for
1943-
Subsidiaries—
Operating
detailed
the
to
soon
equipment
for
the
for
armed
Prepaid
Land,
forces.
plans have been completed for the
of vacuum cleaners and other
to
war
regulations
goods.—V.
158,
permit,
as
quick
same
output
Government
as
$
$
1,030.017
equipment-
estate
first
and
Operating
Operation
'
$
.
8,067
8,800
1
7x,X-XXT
$6,066,215
$5,688,385
:
payable
to
bank
$100,000
Accounts
payable
Customers' credits
$257,411
„
28,346
Accrued-, expenses
Note pay. for
furniture,
.>
$1,170,999
48,665,587
45,442,217
1,914,510
,788,317
7,072,387
6,516,833
17,074,079
Maintenance' X—______
Federal
taxes
.439,042
5,186,747
'
taxes
■
3,455,612
—
19,555,110
,468,601
13,881,412
Net
52,871
43,183
688,348
fixtures
&
16,800
depletion
7,332
11,116
4,954
81.701
fia.684
18,972
217,722
revs.______
$13,124
$14,921
$183,228
Dr 781
2,485
28,153
inc.
(net)
—
Balance
approp.
5,573,231
5,213,204
23,653,505
6,613,389
32,602,280
187,468
153,862
33,429,276
427,817
L—
7,603,897
6,767,251
33,857,093
32,963,277
income
interest
to
221,453
'
for
Fed.
Contingent
$148,205
$6
46,953
Portion
3,629,721
1,972,817.
7,888,150
14,527,603
7,889,856
2,107,473
1,164,713
11,765,010
10,545,818
14,203,933
applicable
income
&
excess
profits
50,000
to
79,985
344,379
90,488
371,196
inc.
of
subsids._
2,027,488
1,074,225
11,420,631
10,174,622
(as
above).
2,027,488
1,074,225
11,420,631
10,174,622
348
312
815
622
income
2,027,836
Fed.
taxes—other
Fed.
taxes
Other
taxes '
and
Prov.
other
45,980
4,941
4.833
19,567
19,432
2,025,000
179,747
132,220
474,684
392,729
373,019
389,299
1,520,766
1,568,421
taxes
10,400
70,600
64,287
to
surp.
no
last.—V.
30,
dividend
a
of
157,
25
of
Sept.
each
cents
1424.
p.
37,^. cents
payable
value,
par
Distributions
529,773
9,339,277
8,084,395
requirements
unearned.
Period End. July
Gross income
tNet
credit
31—
Fed.
taxes
Prov.
other
$3,670,825
$3,141,930
8,012
5,482
♦Cr3,448
45,980
4.941
4,833
19,567
19.432
132,220
474,684
392,729
373,019
30
-
per share
holders of
to
made
were
389,299
1,520,766
1,568,421
taxes
income
10,400
70,600
$149,180
$1,588,656
_—
income
♦Net
$202,134
—
credit
after
64,287
adjustment
of
$20,833
overprovision
$1,051,081
for
Federal
capital stock tax applicable to the seven months ended July 31, 1942.—
158, p. 1131.
•
V.
-
r
Emerson Radio & Phonograph Corp.—Initial Dividend
The directors
35
cents
on
Sept. 21 declared
share
per
the
on
payable
$5,
par
its
or
Oct.
initial quarterly cash dividend
shares of outstanding capital
an
400.000
15
to
holders
of
record
Oct.
J.
of
the
B.
Earle
B.
public offering of 175,000 shares of capital stock was
heavily oversubscribed, according to Ben Abrams, President, who said
that the management, methods and policies would continue substantially
as before, except that a considerable expansion of
production and pro¬
motion programs were contemplated.
<
Eberstadt
Ferdinand
of F.
Eberstadt
&
Co.,
and Richard C: Hunt of
Charles Robbins has been elected Vice-President.—V.
of
the
158, p.
has
company
exchanged for
the
called
for
tenders
of
its
preferred
to
stock of El Paso Natural Gas Co. in accordance
submitted to the Securities and Exchange Commission
plan
by
shares
Two
share of the
of $5.50
Two
$5
Ernest
and
Jacob
of
assure
portion of
a
output
our
is being
tert
research
"Other
increased
products
to
domestic
is
replace
products
still
grits,
in
business
gelatinized
a
corn
after
flakes
several
the
material
corn
the
front,"
stage
Ont.,
rice,
the
annual
common
stock
shares of
stock
common
of
El
Paso
plus
$30
cash
common
'
cash for
for
,
stock
of El
Paso plus $22
.
one
Mr.
of
our
this
added
year.
tax
burden,
cash for
one
,
Mr.
last
as
net earnings
year,
this
additional El Paso
stockholder
common
should
stock
share from the exchange
the
are
as
reinvest
the
cash
addition
of
report
1943,
31,
$150,000
showed
that
the
increased
which
to
had
were
set
been
net
profits
1942,
Mr.
have
tax
under
Froedtert
on
the
the
then
reported,
enacted
net
and
income
pending
became
could
for
aside
dividend
preferred
$5.50 dividend preferred
there
in
the
fiscal
Act
of
previous
unnecessary under
be
added
to
are
$7.20
9.18
—_
This
revenue
this
directors have declared
the
to
stock,
usual
$1,
par
a
shares
of
El
Paso
Natural
'
July 31-
leased
Gas
Co.
stock
exchange for all preferred stock tendered, the Engineers shares will
be accepted by drawing by lot until sufficient shares have
been ac¬
cepted to absorb all the 51,356 shares of common stock of El Paso
available.—V.
.1943
&
dividend of
25
cents per
stock, payable Sept. 29 to holders of record Sept. 23.
disbursed on June 29, last, against 20 cents on
share
A
like
March
on
amount
30,
Cost
of
goods
sold
made
&
were
Provision
V.
158,
p.
distribution
follows:
was
made
April 24,
389.
20
on
April
cents;
and
to
It
that
60
withdraw
at
later
a
it
had
cents.
Aug
an
17
or
offering
date.-—V
158
(&
Subs.)—Earnings—
1942
1941
—
xx^x.'$
xxxXa
1940
$
-xv
:
$
■
' "!■'
21,962,012
23,737,832
8,399,956
6,873,575
»6,597,486
33,155
18,158
-
54,788
.
14,883,730
8,433,111
6,891,733
^9,517,785
13,298,000
1,640,000
1,013,000
5,365,945
1,107,365
5,135,111
1,107,365
5,251,733
1,107,365
5,639,274
2,660,216
2,660,216
2,660,216
$6.40
2,078,294
$6.06
$6.23
and
dividends—
share—
excess
profits
tax
profits
(less
for
for
945,508
632,554
466,077
tax
1943;
6,652,274
49,725
and
3,656,516
3,074,637
116,493
101,476
94,010
Dominion
$2,508)
of
for
in
Balance
operating
and
income
$20,767,
post-war
$6.61
and
surtax
declared
and
and
excess
Federal
credit
of
excess
profits
Federal
Sheet, May 31,
$2,692)X of
tax
of
1943
and
banks
series C,
accounts
receivable
accounts
of
$11,000,000;
officers
accounts
payable,
and
$5,270,665;
employees, $218,421; accrued taxes,
preferred stock, $276,841; reserves,
$4,079,657;
5% cumulative preferred stock
(par $100), $22,147,300; common stock
(665,054
shares, no par),
$16,691,960;
capital
surplus,
$3,545,257
4,577,204
provision,
Liabilities—Notes payable,
19,765
$4,237,251
of
deducting
1,222,853
and on hand,
$6,028,243; U. S. Treasury tax
$1,000,000; drafts and acceptances, $2,782,871;
(less reserve, $1,040,795),
$10,727,735;
advances on grain
purchases, U. S. Navy contracts, etc.,
$2,246,696;
inventories, $39,556,957; prepaid expenses and
deferred charges -{in¬
cluding automotive equipment, net
$588,744), $1,913,416; investments,
$1,454,301; land, buildings and equipment,
$23,916,198; goodwill, trade¬
marks, trade names and water power
rights, $1; total, $89,626,418..
$3,525,492
68,132
$3,758,786;
refund
(after
$10,851,711; dividend
$5,268,459
reserves
1942.
Assets—Cash
161,772
104,706
of
post-war
tax
Consolidated
1940
70,594
earned
surplus,
on
$13,691,548; total, $89,62^,418.—V. 157,
real
of
General Realty & Utilities
for
X
deprec— X;
Inter., practically all on
first
estate
107,758
108,745
$1,137,233
$5,398,315;
p.
993.
$377,980
$291,962
999
1,299
13,792
$1,137,653
Prov.
of
for
Fed.
Columbia
&
22,
Oct.
last.
13,
15
cents.—
$379,279
Distr.
inc.
tax.
$305,753
♦820,000
♦236,000
♦102,000
65,700
$317,653
$247,020
75,002
$277,279
$240,053
stock
75,002
55,417
77,011
77,011
57,758
divs.__
75,002
88,012
per
sh.
on
.
com¬
stock ____■
$2.20
$1.56
$1,84
$1.50
♦Includes $654,000 in
1943, $91,000 in 1942 and $11,500 in 1941 for
Federal excess profits tax.
tEstimated to be required if proposed 1942
optional
rates,
the
as
approved by House of Representatives, are enacted
applicable
seven months,
January to, July, 1942,
entire
Corp.—$6 Dividend—r.
Sept. 17, 1943, declared
stock dividend series),
close of business
stock
stock
Samuel
X
at
the
rate
dividend
a
on
the
preferred
payable to stockholders
Sept. 27, 1943, as follows: X 'X'
on
of
6/25ths
of
share
one
of
of
common
M.
order
dividend
Fox,
for
series)
Treasurer,
a
so
on
stockholder
held.
Sept.
to
21
■'/r- ■
stated,
in
part,
as
follows:
his option to receive pay-,
cash, the corporation must, in accordance with the provisions
of the certificate of incorporation, have received from him at or
before
ment
the
exercise
in
close, of
If
business
the
on
Oct.
corporation
7,
1.943,
notice
of
such
election
on
his
such notice before that time, pay¬
receipt of the notice (except that no
payment will be made prior to the close of business on Sept. 27, 1943). /
If the corporation has not received such notice at or before the close
ment
will
be
receives
made
in
cash
Oct.
7,
1943, the dividend will be paid in
upon
.
of business
mon
to
the
common
part.
Common stock dividends
Payments
$483,020
at
on
optional
stock per share of preferred stock
($6 optional stock dividend series)
so held,
or, at the option of the holder (exercisable
only as set forth
below), in cash at the rate of $6 per share of preferred stock ($6
108,064
$482,021
X
420
($6
record
In
103,416
Miscellaneous credits _2
The directors
stock
deed
!____■
trust
Earn,
have declared a dividend of 20
cents per share on
stock, par $1, payable Oct. 12 to holders of record Sept.
as
been
reoffering
of
counting
normal,
$276,000
$3,687,263
$4,187,526
16.
24,189,149
'
savings notes,
gen.
Preferred
1942
has
not
♦Including increase in inventory valuation
charges,
tlncludes provision for Federal
on
1941
$5,200,327
Oct.
15,298
per
value
1132,
$4,653,603
$7,770,995
share,
per
14,868,432
dividends
and
admin.
sell.,
1943.
directors
in
practice
stock
common
commission
misc.
Earnings
net
$7,875,701
the
Esquire, Inc.—20-Cent Common Dividend—
.
of
days,
other
Income
$5,738,232
r-t
record
and
Aug. 2, last.
1 and Aug. 1, 10 cents'each;
special
1943
and
Common
law
1942
rev,__
during 1942 were as follows; March 30, 20
cents; June
29 and Sept. 29, 25 cents each, and Dec.
30, 62 cents.—V. 158, p. 1131.
similar
shares
a
business
briskly,
oper.___
Federal
Preferred
leased
misc.
Distributions
A
Net
savings
(except
Commiss.
from
depts.
with
full
income
for
"In
was
common
Prov.
own
dept.
workrooms)
cents
of
.
and
$5,832,881
workrooms
Net sales of
Profit
Equitable Investment Corp. of Massachusetts—Div.—
a
move
(less
inc.
Total
special dividend of 20 cents per share
dividend of like amount' on the
payable Nov. 1 to holders of record
158, p. 1131.
The directors have declared
41,
22
deductions)
depts. and
alteration
6.58
for
The
misc.
the
$8,716,503
Sales,
15
May 1
1,
25,483,086
fund,
year's
was
of
holders
to
offerings ever made on the New York
Sept. 18 when Fahnestock & Co. dis¬
50,000
common
from
received
excess
share
1,
quarter
217,485,502
quarterly
both
of
July
each
>
Income
(Julius) Garfinckel & Co., Inc.—Earnings—
6.80
8.86
—
insufficient
at
sales
Int.
fiscal
the
.
in
163,412,424 126,937,773 125,574,139
♦Cost of goods sold____
174,645,579 128,816,375
96,443,761
93,787,736
Interest
161,042
158,691
42,961 •XX" 66,522
Depreciation of plant1,465,849
1,347,371
1,209,090
1,174,563
Employees' retire, syst.
651,514
500,882
406,375
210,000
Aeserve for war
conting.
210,000
Sell., gen. and admin.
ending July
1942.
therefore
and
jier'share
holders
and
period
by
tax, surtax,
year
to
1
Divs.
$9.72
—
preferred
Natural Gas
Net
new
6,518,560
$5
Earnings
dividend
17
not
profits
addition
1
April
$
notes
El Paso Natural Gas Common
.
Per Share
the
Years End. May 31—
Pay Special Dividend of 20 Cents—
The
in
earnings and dividends available
follows:
special
of
General Mills, Inc.
totaled
for the
$1,011,980
income
the
Revenue
of
1
completed
ran
The
does
1034.
p.
difficult
earnings
total
a
to provide for additional Federal normal
year
share
received
last
Aug.
18X
which
industry
would
year
1943,
dividend
a
Feb.
on
follows:
as
.
Froedtert's
July
2,
in
as
cents
Corp.—Special Offering Closed—
was
offering
Sept.
stock.
that the
were
$2,100,000.
ended
made
were
largest
the
on
The
company earned only $96,000 less than
that had Federal and State taxes been on
p.
X
Sept.. 21 declared
stock, payable Nov.
Foods
the
of
1942, net earnings Th the current year would have
approximately $1,595,000.
Or if these taxes had been in the
amount
about
one
•
of
Exchange
the
indicated
20
October
paid on April
1132.
year
'.He
/
-
June
posed
promise
now
payable
was
cents,
on
Stock
Froed¬
are
dividend of
a
Jan.
on
with
share
.w1'
„
15
General
financial
fiscal
Year Ended
of El Paso plus $25
2,
One
V
report of the company showed a net income
ended July 31, 1943, of $861,980 after taxes, as
$957,720
for
the
previous
year.
This
year,
said
Mr. Froedtert, the
company's Federal and State taxes were $2,040,000
against last- year's taxes of $785,000, or $1,255,000 more.
In spite of
the
compared
Tvtl'
-
its
as
brewing
which
."
.
;.\'xx:;xxV V'-i
Co.^-20-Cent Distribution— >. i
cents
p.
distributions
is
purposes,
show
One
war.
in
used
and
war
products
new
home
th^!'an^er-
heading
as
and Dec. 19, 10 cents.
quarterly dividend of $2 per share on the preferred
stock,
22, last, will be payable Oct. 1 to holders of record
Sept. 18.—V. 158, p. 486.
to obtain."
The
>
The usual
F.
diverted for
the
said.
<
•
X;
on
common
declared
a
company has successfully launched
contribution to war food production for
preferred stock.
of
preferred
$6
Nov.
manage¬
directors
15
158,
Payments in 1942
Middleport,
of
directors
the
Similar
Manager
President, and
board
and
with
1942.—V.
The
General
Vice
The
officers
or
Burlington,
and
Hart,
Oct. 15.
A special distribution of 20 cents
per
the same date in 1942, 1941 and 1940.—V.
158,
them
preferred stock.
Assuming
Fla.,
President
as
are
three
347,152
$5,688,385
General Baking Co.—15-Cent Common
Dividend—
the
the
7,
$6
Two shares
in
are
brands
on
the
common
on Sept.
10, 1943.
Tenders will be received
1943, at 1100 King Street, Wilmington, Dela.
The
exchange basis is as follows:
Oct.
noon
insecticides
known
reported by Kurtis R. Froedtert, Chairman of the board and President,
at the annual meeting of stockholders held on
Sept. 21.
in
be
common
approved
best
compared
during
earnings.-
1131.
stock
last,
good market position for the
company in the post war period is showing favorable progress, it was
Engineers Public Service Co.—Exchange Offer Made—
The
record
offered
finally
X
•
its
and Treasurer.
company's
•
York is named
on Sept.
17 declared
common stock,
no par value,
September 23.
A like amount
the
on
Froedtert Grain & Malting Co., Inc.—Launches Several
New Products—
ef 1
To
30.
of New
,
31,
Chadbourne. Hunt, Jaickel & Brown, have been elected directors.
agricultural
Jacksonville,
continue
officers
'
1843.
directors
.
excess
Directors, etc.—
The
Schoellkops,
Jr., Paul A. Schoellkops, George F. Thompson and Perry E. Wurst.—:
See V. 158, p. 1131.
'
'
<
same
recent
Elects New
Other
Vosteen, Secretary
composed
totaled
Offering Oversubscribed—
The
in
Cary will
division.
last
5.
of
Canada.... Among
branches
the same basis
the
Co.
p.
Galveston-Hou^ton
No change will be made in the officers
Niagara company's headquarters plant at
the
of
Y.,
501,791
,
territories.
ment
for
stock,
distributors
and
686,814
205,644
$6,066,215
writers.—V.'.157,
Davies, President of Food Machinery Corp., said the Niagara
Sprayer & Chemical Co., Inc. will be operated as a separate unit of
Food
Machinery Corp., and will continue to serve its regular trade
of
Net
If
'_Z~ZZZ_ZLT
company capital.
J. G. White &
March
on
Paul L.
"While
w_
_
and
States
110,010
686,814
205,b44
company, a department store in
Washington, D. C., has applied
the SEC for
listing and sale of 19,900 §hares ($1 par) common stock
and 60.000 shares of
5>/2% preferred stock (par $25).
The proceeds
will be devoted to
redemption of the company's cumulative convertible
6%
preferred stock, and any excess
proceeds will be added to,{the
company
manufacturers
deducts,
Federal
Niagara
Laboratory work designed to
—
income
for
on
$693,944
179,747
and
from
1943—12 Mos.—1942
than
income
on
taxes
$765,323
—
taxes—other
Other
1943—3 Mos.—1942
Expenses
<
110,010
The
Machinery Corp,—-Acquisition—
Canada.
1,464,647
.
per
declared
stock,
83,000
1,250,000
$1)
to
Niagara Spray and Kolo Compounds.
con-
earn.
applicable to respective periods whether
after adjustment of $20,833 overprovision for Federal capital stock tax applicable to the seven months
ended July 31, 1942.
:': X;/
'
.-v-'A-v.
Earnings of Company Only
of
109,199
and its predecessor companies,
has been
operating in the insecticide and fungicide field for over 30 years
during which period it has become one of the largest independent
N.
dividend
or
The
and
f
—
carried
earned
until
have
2,075,000
83,000
1,250,000
Register Stocks with SEC—
$123,448
105,890
Alfred
United
deducts.
Federal
solidated
♦Full
10,175,244
tCr3,448
—__ ___
for
Bal.
11,421,446
8,012
______
income
on
1,074,537
5,482
than
income
on
Expenses
and
$131,423
33,600
$25)
(par
Total
6,376
controlling interest in the Niagara Sprayer & Chemical Co.,
Middleport, N. Y. was purchased by the above corporation from
H. Schoellkopf estate at an undisclosed
figure.
of
the
equity
Other
with
$10,649
stock
surplus
surplus
Earned
$123,824
-
-
3,958
:
27,527
16,800
M
;
Valuation
65,333
'
27.
June
The
Inc.
Corp.:
of
$5,889
________
888.
common
Food
Electric Power & Light
Int.
$135,380
424
:
$195,157
XX.
247,123
34,534
;_L
preferred
equity of Electric
in
Fed.
$11,073
120
declared--.-,.
p.
Sept,
and
Power & Light Corp.
r
$6,009
XX'X
directors
the
record
31
Int.
76,000
50,000
496,828
taxes
liability
cumulative
Common ;stock -v(par
Paid-in
surplus
■
'F, R. Publishing Corp.—37V2-Cent Dividend—
on
___
income
158,
The
■
minority interests
Net
$211,380
6,333
.
charges
Dividends
—V.
3,525,445
1,970,'979
Net
$17,406
6,333
360,997
public
Balance
income
Interest
Net
Gross
fret
$12,342
accruals
res.
22,243,442
7,416.429
Gross
Other
X
Retirement
oper. revs.——
income (net)
:
res.
16,800
automobiles
trust, amounts payable
yearj_X___.
one
fur storage income
payable for furniture, fixtures and auto¬
mobiles, Oct. 4, 1944 and 1943-44,
respectiv.
Real estate first deed of
trust, maturity Oct.
4, 1954
591,201
__________
oper.
Non-oper.
13,526,463
Property retirement and
Net
213,694
Notes
'
Other
230,078
11,943
303,237
;
Deferred
$1,029,543
1,838,706 146,257,277 137,405,314
,316,153
Prov,
1943—12 Mos.—1942
$82,029
____.
Maintenance
12,120,308
within
$84,443
3,255,186
trust
names_____
■
Earnings—
1943—Month—1942
revenues
Taxes
'
35,666,837
____—
344,577
3,207,690
deed of
trade
'
Operation
157,354
507,068
building
real
trade-marks
1,079,439
174,102
■;,
and
Real estate first deed of
1943—12 Mos.—1942
-1942
3 Mos.
and
on
$191,810
«V 636,219
Liabilities—
in
1033.
p.
fee
.;
improvements,
i__
(net)
-|' /
1942
XX"15,000
expenses
store
Total
con¬
accomplished
$531,219
G
v
deferred
building
V
1943
hand—
on
-.
*
808,051;
fixtures,
will,
Note
goods,
consumer
was
cash
series
-
and
Unamort.
Good
and
savings bonds,
automobiles
growing
a
•
? 1/
receivable
Furniture,
and
Fall River Gas Works Co.
1131.
p.
(& Subs.) —Earnings—
$
revenues—-
contracts
new
y<■':
••
Balance Sheet, July*31
-;3xw'
;!
,y••
/•
deposits in bank
War
Inventories
manufacture
bomber
Period End. Aug. 31—
July 31—
awarded
S.
Accounts
•
Co.—Exchange Offer—
Electric Power & Light Corp
Period End.
U.
*
of gas masks, high-precision elec¬
fighter airplanes, and light-weight signal¬
ling pistols and dischargers, the company is starting production on
several new items developed and
designed by Eureka in cooperation
with Army and Navy engineers."
While the company is
concentrating on all-out war work, Mr. Burritt
tric
conversion
El Paso Natural Gas
Demand
months
;
X .f
■
Assets—2;
output has increased steadily since October 1941 when
making gas masks for the Army," Mr. Burritt said, "and
plant' facilities were completely converted to war work in
our
March
as
X.' See Engineers Public Service Co. below.—V. 158,
./ x,''}■ -X"
'
war
started
we
since
$13,589;
•
this''
,
/
1277
'XvXXL.
An
Investment News
Liabilities—Accounts
.vW"!Vr$4':;/.l,V-
>■'
on
"Attention
the
on
share
is
26
per
New
and
is
on
cents per
share.
called
York
to
Stock
basis
that
the
fact
Exchange
the
that
on
the
Sept.
market -value
last
20,
of
sale
1943,
the
of
■
.
pommon
stock.
stock
at $1.50 per
dividend in stock
share as contrasted with the optional
'
common
was
cash rate qf $6
x
"" w
■
1278
standpoint, the dividend is being made from
corporate
the
"From
.
The corporation's fiscal year ends Sept. 30, and until
been audited it will be impossible to
determine the income tax status of the dividend.
However, upon the
basis of the figures available to date, it is believed that, the corpora¬
tion will not have any earnings or profits for its fiscal year ending
capital surplus.
the
its operations have
of
results
within the meaning of Section 115 of the Internal
accordingly, it seems probable that if this dividend is
received by a stockholder on or before Sept. 30, 1943, it should not be
treated by him as a taxable dividend for Federal income tax purposes,
but should be applied to reduce the cost or other basis of his stock in
accordance with the provisions of Section 115 of the Internal Revenue
Code.
However, if the dividend is received by a stockholder after
Sept. 30, 1943, its Federal income tax status to him may depend upon
the earnings and profits of the corporation during the forthcoming
fiscal year ending Sept. 30, 1944; as the results of next year's opera¬
tions cannot be foretold, it is impossible to make any prediction at
this
time
whether the dividend, if received by a stockholder after
Sept.
Code;
30,
Sept.
"If
is to be treated by him as a taxable dividend.
amount of
common
stock receivable by any stockholder
fraction of a share, the fraction will be represented by
1943,
the
includes
a
non-voting scrip exchangeable, when com¬
scrip of like tenor, for full shares of common stock on or
31, 1949, after which such scrip will be void."—V. 157,
non-dividend
bined
with
Dec.
before
2249."
p.
the
157,
2250.
p.
prices not to exceed 101'/2 and int.'-'-'.•'/; V
(■P Bonds accepted must be delivered by'the close of business Oct.
1943, on which date interest-thereon will' cease].—V; T57, p. '1082."'"
T
■
(R.) Iloe & Co., Inc.—Pays Dividend
directors
The
the 6'/a */o
on
of
on
Sept.
declared
21
Arrearages—
of
dividend
a
$25.25
per share on the 7%
cumulative preferred
payable Sept. 30 to holders of record Sept. 27.
all accumulations on these
The
aforementioned
There
6 Va %
—V.
dividends
outstanding
are
prior
issues.
are
.
in
the
and
of
hands
stock
preferred
first since Sept. 30,
the
3,602
the
of
shares
Charles
Holly Oil Co.—•Earnings1941
Total
revenues'
Taxes,
—
$65,759
$73,215
$53,359
34,710
—
insur., etc.
exps.,
32,767
35,511
$40,448
>8,437
1940
•J'
profit
int.,
Operating
Other
__
:
$31,048
etc.
13,979
_
income*
income
Total
-Week End. Sept. 14-
Period—
—
Jan. 1 to Sept. 14—
1943
Operating
—V.
1942
1943
$33,800
$1,416,809
$1,270,090
Alvin
Net
income
!
Sept.' 15 paid a dividend of 50 cents per share
on
the no
par
value common stock to holders of record Sept. 3.
Payments of 25 cents each were made on March 15 and June 20,
this year.
No dividends were paid during 1942.—V. 157, p. 1081.
have
directors
of! accumulations
Oct.
share
V.
preferred stock, par $100,
p.
were
as
$1.25.—
1,
the
$5
record
Oct.
A like
4.
amount
Orleans Great Northern RR.
lease of N.
board
The
on
& O.
William H.
$2.50 per share
14 to holders of
this issue on Dec. 15,
on
Co.
in accordance with terms
of the
provided and set aside interest for the year
gen.
providing
for
Co.
1943
the
articles
increase
it
will
Mr.
400,000
be
of
of
200,000
allowed
in
the
issue
to
of
this
aggregate
will
be
Geiger explained,
shares having
"the
Co.,
value
600,000
the
&
payable,
.
.
1943
'
Sept. 20
on
sell.,
admin.
1942
&
592,690
1943—12
other
All
other
108,249
1,300,000
384,867
3,671,160
135,622
1,298,547
$365,576
$1,011,857
$1,301,098
V
75,341
,
$1,087,198
69,627
1940
'
$808,936
>'
$341,988
$365,685
pit. & equip.
90,554
$878,214
$504,309
95,621
1,159,686
$270,064
stocks for the period
income
-
.
158,
101,259
51,233
53,344
248,164
57,332
400,000
106,000
$416,939
$402,683
$250,535
130.275
130,275
130,275
130,276
share....
Consolidated
$2.48
$2.37
$1.64
$882,712;
Balance
Sheet, June 30,
Dominion
of
$1,17
in
$146
1941,
1943
Canada
Victory Loan
notes, and accounts receivable, $1,877,652;
other assets, $86,571; property, plant and
ment, $1,784,550; deferred charges, $70,114; total, $6,718,814.
bonds,
$9,048;
acceptances,
$2,008,167;
payable to banks, $1,500,000; accounts payable,
State, local, and sundry taxes, $47,674; accrued
stock tax, $15,000; accrued interest on debentures,
convertible
stock,
no
declared
Period End. Aug. 31
....
.........
.......
Balance
Gross
Net
income
$49,716
$611,697
$560,993
29,848
389,831
365,574
2,769
2,613
28,978
31,477
8,980
8,978
100,056
88,467
$9,923
$8,276
$92,832
$75,475
86
516
4,739
7,288
$8,792
$97,570
$82,763
2,917
2,917
35,000
35,000
.......
income
158, p.
........
'
$7,093
$5,875
$62,570
48
45
559
charges
Dividends
r~V.
1943—12 Mos.—1942
32,114
(net)...
Retirement res. accruals
Interest
1943—Month—1942
$10,009
revs.......
inc.
$7,044
$5,830
$47,763'
•
507
$62,012
$47,256
49,140
;
declared
49,140
889.
The
An
upward revision of
announced
aircraft
parts,
128,588
$3,676,778
$1,465,151
211,324
?. 366,435
261,210
197.450
347,191
344,821
491,402
384,727
56,540
—
' 625,583
19,170
>
income'and
•:
surtax
1,175,000
tax__£———
•=■64.943
taxes^i-i.—1
profit
60,057
35,901
13,121
items
$1,535,903
$1,915,491
$505,856
1539,698
Dr255,087
profits
Dr57,769
,
—1 $$2,075,601 $$1,660,404
——
cumul.
4'o
on
on
pfd. stock—
credit
of
394,920
stock——
common
depreciation
(less
$7,216
for
post-war
Balance
$448,087
—
"_1——
:-'467,324
.
refund.
$3.60
to
tlncludes
*
share
per
in
$585,525
1943
y-
Sheet,
30,
June
<
and
.
v
:
\
1943
an
rent
amortization
deferred
(less
items,
$750,000
accrued
and
S.
$600,000
patents and processed
$707,097; prepaid expenses
$56,340),
payable,
U.
total,
$33,415,920.
$599,338;
Treasury
liabilities,
(maturing,
of
$285,619;
2Vz'/o
I, .1944-47),
annually
Federal
accrued
notes),
tax
$753,467;
annually July
$600,000
ing
,tures
$808,502;
serial
$2,400,000;
4%
1,' 1948-52
July
income
other
debentures
serial
and
cur¬
(matur¬
deben,-
$300,000
annually July
1, .1953-57),
$4,500,000;- secured
purchase
contracts
(maturing 1944-46), $103,480;
4%
cumulative preferred stock
(par
$9,873,000; common stock (par $5), $2,338,870; capital surplus,
$10,294,863; earned surplus (earnings, less dividends paid, from Match
31,
1942,
date of
recapitalization and merger),
$1,746,340;
total,
$100),
$33,415,920.—V.
890.
158, p.
of■■ $10,441',675);""$23,491,654;
for
reserve
other
Liabilities—Accounts
The Commission said the hearing would be directed solely
the-"propriety and lawfulness" of a modified order issued by it
Aug. 3 authorizing the company to institute on the downtown line
alternative fare of 11 tokens for $1 or a cash fare of 10 cents.
Line—Earnings—
revenue
Total
158,
1035.
p.
:
:
'
:
-
.
.
Investors Royalty Co., Inc.—Distributions
$43,549
182,100
188,824
——
——-
'P 12,151
11,994
mortgage
and second mortgage—
29,773
32,882
operating
expenses
taxes
first
Interest
—
—
1942
1943
$17,363
April 30—
6 Months Ended
46,862
51,523
$253,523
$241,675
———-—————
Deficit
Balance
Sheet,
prepaid expenses, $58,273; total, $1,060,108.
$24,198; accrued interest (first mort¬
gage bonds), $6,630; accrued taxes, $6,066; long-term debt, $1,168,887;
deferred
credits,
$1,214; common stock, $15,300; preferred stock,
$438,300;
unearned surplus, arising from reorganization, $331,703;
earned
surplus
(unappropriated), £>r$932,191;
total, $1,060,107.—
Liabilities—Accounts payable,
157, p. 554.
•.
,
have
declared a dividend of $1.43 per share on
the $2 cumulative convertible participating
benefits provided by its group program has
by this corporation, manufacturers of automotive and
it is announced,
.
.
„
1942, on Sept. 25.
share
on
,
.
nc
,
,
said, amounted to $2.76 per
above issue, it is
July 1, 1943.—V. 158, p. 890.
on
the
of
Co.—Files Refunding Plan—
$87,000,000 was
filed with the
Exchange Commission asking approval of the solicitation
the holders of its outstanding common and preferred
proposed refunding operation which may exceed
by the company Sept. 21 in a declaration
proxies
of
voted
special meeting of stockholders to be held on
company is part of the North American Co.
holding company system.
'
The company proposes to refund its outstanding first mortgage debt,
and in this connection, to issue new first mortgage bonds to be secured
stock
or
to
about
be
Nov.
1.
at a
The
,
t
lien upon all the property and assets and fran¬
chises of the company, or such -portion of it as the board of directors
shall determine.
The company stated that applications covering this
refunding will be filed with the Commission shortly. The application
said that in connection;. With the refunding of its outstanding mortgage
debt, the company may also refund with new first mortgage bonds
or other debt its outstanding unsecured
debentures.
"
Mortgage bonds now outstanding are: Series A 6% bonds, due April 1,
1953, $31,181,500; series B 5bonds, due Dec. 1, 1954, $16,827,400,
and series C 5','i bonds, due Dec. 1, 1956, $39,175,000.
Stockholders also will be asked to vote on changing the corporate
Co.—V.
157, p.
issue
this
share
per
7 '.'o, cumul.
the
record
of
—
dividend
of
two
cents
has
been
declared
account
on
of
preferred
Sept.
24.
stock, par $100, payable
like amount was paid on
A
and July 1, last.
Payments in 1942 were ab
April 1, $2.50 and July 1, Oct. 1 and Dec. 31,
as at July 1, 1943 amounted to $22.50 per
it was said.—V. 157, p. 1181.
share,
April
on
each.
$1.75
$1.75
on
Jan.
follows:
1
$3;
2,
Arrearages
Central Power
Jersey
Light Co.—Stock Purchase
&
Plan—
Sought—
,
trustee,-208 So. La Salle St.,
Chicago, 111., will until Noon on Sept.' 27" receive" bids for the sale to
City National Bank & Trust Co.,
in
the
Light Co. and NY PA NJ Utilities Co., both
& Electric Co. holding company system,
Gas
Associated
filed
Sept. 17 a joint declaration with the Securities and Exchange
Commission, covering NY PA NJ's proposal to purchase from New
Jersey
for
the 341,350 shares
$4,312,208
Central Power
&
of common stock of Jersey
Light Co.
company.
under obligation to divest itself of this stock,
U. S. Supreme Court held was unlawfully acquired by the
The company took the matter to the Supreme Court after
the
Circuit
Jersey
which
Central
the
U.
S.
of
the
The
New
was
of
Court
Appeals
for
the
3rd
Circuit
affirmed
the
Federal
Act.
Power
agreement of sale dated Aug.
30,
1943, between NY PA NJ and
provides for the return to NY PA NJ of $1,000,000 of
Mohawk Valley Co. 6'/o. consolidated refunding gold bonds, due 1981, and
Jersey,
$1,000,000 of Mohawk's 6'/o
These
bonds have
securities
1938,
pledged
been
by
consolidated refunding gold bonds due 1991.
by NY PA NJ and represent treasury
assumed
it under
Kansas City Public
Period End. July 31—
Total
escrow
'
costs
after oper.
Taxes
(social
Fixed
charges
costs
(general)
Taxes
Depreciation
*
see.)——
—
—
dated March 14,
connection with its invest¬
agreement
Central common stock.—V. 158, p. 673.
Service—Earnings—
1943—Month—1942
$996,405
470,240
$464,857
$256,355
46,474
7,282
13,389
74,493
139,200
18,505
6,549
V
i:
1943—7 Mos.—1942
$6,774,p28 $4,671,734
3,735,679
3,233,33p
$726,595
531,548
revenue
Operating
Bal.
an
to protect New Jersey against loss In
ment in the shares of Jersey
^'Reserve
1133.
Illinois Power & Light Corp.—Tenders
The
of
holders
to
1
...
by a first mortgage
to Illinois Power
semi-annual
July 18, 1939, order of the Federal Power Commission, which held that
the acquisition of these shares by New Jersey violated Section 203(a)
Illinois Iowa Power
Securities and
dividend
Oct.
The New Jersey Power &
account of accumulations on
in
a
Jeannette Glass Co,—$1.75 Preferred Dividend—
A
accumulations
units
first
Arrearages
declared
common
,
Iluylers—Accumulated Dividend—
directors
have
stock, par $1, and the regular semi-annual
dividend of $1 per share on the $25 par value preferred stock, both
payable Sept. 30.
Transfer books will be closed as of Sept. 20.
Semi-annual distributions of two cents per share have been made
on
the
common
stock on March
26, last, and on March 28 and
Sept. 30, 1942, compared with three cents on Sept. 30, 1941, and one
cent on March 28, 1941.T-V. 157, p. 1083.
v.
$8,215;
of $962),
directors
share on the
April 30, 1943
As of
receivables (less reserve for doubtful ac¬
material and supplies, $15,832; special funds,
$565; investment securities, $50;. transportation property and equip¬
ment
(less depreciation reserve of $3,228,225), $487,797; land and
land rights, $283,344; improvement on leased property (less amortiza¬
tion
reserve
of
$127,966), $19,964;
non-carrier physical property,
V.
The
per
$118,824;
Assets—Cash,
counts
name
Hayes Industries, Inc.—Group Insurance—
been
Net
and
& Manhattan RR.—Fare Hearing Reopened—
Interstate Commerce Commission has reopened-for further hear¬
disclosed
$53,787
revenues
Operation
oper.
157,013
$4,145,084
profit before extraord.
Extraordinary credits
'and
par
ing on Sept. 28, the proceedings involving increased fares on this
company's downtown lines between New York City and New Jersey
A
Haverhill Gas Light Co.—Earnings-
Net
$1,336,563
tories,
made
on income (estimated), $116,483;
sinking fund debentures, $889,000; reserve for
$280,000; convertible prior proference, $5 cumulative
stock
(18,706 shards, no par), $1,870,600; common stock
(par $1),
$130,275; capital surplus, $5,691;
earned surplus, $1,390,402;
total,
$6,718,814.—V. 156, p. 1327.
>
Non-oper,
$3,519,765
$2,758,508
Assets—Cash, $3,955,793; notes 'arid accounts receivable (less reserves
past due and current receivables of-$364,195), $1,816,837;' inven¬
$2,989,259; investments, etc.; $169,661; land, mineral properties,
buildings, machinery and equipments etc. (less reserves for depletion
Div.—
15-year 5%
contingencies,
.
1,421,945
$4,065,185
(net)_i„j-i
Consolidated
capital
$11,112; Federal and Dominion taxes
Taxes
1,890,752
12,313,13/3
^
674,882
$2,139,902
preferred stock, par $1, payable Nov. 1 to holders of record
Oct. 15.
Distributions of $1 each were made on this issue on Feb. 25
and June 25, last.
Only one payment, one of 50 cents per share, was
accrued
Operating
$5,410>517
2,048,867
'
excess
taxes
The
Liabilities—Notes
Maintenance
•
" 12,712,374
$6,114,052
profit! on sale of "securities.: .tEqual
$2.71 per share on common stock.
Hudson
equip¬
Federal
•••:
16,363,323
—.——
deductions:
income
Divs.
a dividend of 25 cents per share on the
value;'?and the regular quarterly dividend of
preferred stock, par $50, both payable
Sept. 30 to holders of record Sept. 17.
Like amounts were paid on
March 31 and June 30, this year.—V. 158, p. 1034.
inven¬
tories,
$462,576;
1941
: -; '
•
79,899
income
Dividends
cents per share on the 5%
867,245; deferred debit and
-After deducting $18,915
in 1943, $9,989 in 1942,
$1,168 in 1940.
tAfter post-war refund of $55,000.
Assets—Cash,
30
V
—————
I
directors have
The
common
62 Va
100,955
48,015
223,660
$306,669
per
1942
2,952
$2,454,980
315,078 V>» 315,078
$2,914,092
984.
p.
June
Ended
'
for
42,143
stock
common
Earnings
74,874
139,328
contingencies.
$1)
(par
37,071
139,039
t505,000
taxes
NqJ, profit
Shares
,
Corp.—Annual
$22,477,375 $18,122,891 $15,071,C44
—_
Net
—
$3,229,170
$247,237
'
-
Depreciation
45,459
Ex'bess profits taxes
for
•<>
*
Years
Income
before depletion
—1'
profit-
normal
'State
$3,593,937
1,138,957
$4,388,856
94,751
deductions
Houston Natural Gas Corp.—25-Cent Common
$413,755
69,278
-
$1,370,725
90,742
funded debt
for
"Prov.
985.
p.
income
Federal
$3,590,985
5,057
276-.
income
Balance
Total
:
on
-
1,249,645
$4,383,799
109
$341,712
income
of
_____—
Depletion
2,949,585
—
Hudson River Day
receivables
on
operating
Tnoome
1,391,608
110,592
(net)
'
sold,
and depreciation
Federal
108,333
300,725
rev
oper.
Statement
——
goods
Total
1,232,184
1,392,739
108,333
.
on
Chgs., inch bad debts &
prov. for loss of sun¬
Deprec.
,
Chemicals
&
Amortization of patents & processes
taxes
Waterline
dry
138,
Minerals
Depreciation
prof, taxes
income
Net
gen.
income
Profit
of
Other
V.
—V.
discount^ earned
and
772.
p.
Mos'—1942
income
Fed.
for
Prov.
—V.
>
*
RR.—V.
:
Gross profit from operations—"
Selling and administrative expenses
earned
$1,630,006 $18,655,085 $15,459,322
527,359
6,608,840
5,045,315
216,105
_
appropriation
reserve
is authorized
$10 a share.
common
shares
1941
158,
sold,
goods
expenses
&
'
Amort., deprec., renew;;
als and replacements
of
Subs.)—Earnings—
:
sales
Cost
a
Oper. prof, after deduct,
of
1942.—V.
1943
Net
accrued taxes, $15,300; cap¬
from reduction in par yalue of
1943—Month—1942
L-—_
Maintenance
to
Years End. June 30—
Pacific
Consolidated
Oil &
$7,053;
;
•
' •
points.
cost
1,
30
these
on
Report—
t
$11,326;
$1,670,157
revenues—
of
at
upon
889.
(&
share has'been declared on
to holders of record Oct.
shares on June 1, last,
payable Nov.
disbursed
was
and Dec.
Missouri
sAfter
par
Co.
15
May
on
See
Credit Corp. bonds, $150,030;
Refining Co., $9,217; other accounts
,
Operation
company
new
Ilarris-Seybold-Potter
amount
pro¬
Houston Lighting & Power Co.—Earnings—
Income
permit issuance of
value."
■•■■■./■j':.
"".'v..
amendment is being proposed at this time, Mr.
Geiger stated that the company has no intention of issuing any new
shares now either by way of stock dividend or otherwise.
The in¬
crease
in number of shares is now proposed so that
the companypany will be able to provide for additional capital when
and if it
should
appear to
be required in future, he declared.
Should the
shares be subsequently issued other than by way of stock dividend
the shareholders will have their preemptive right of subscription for
any share issued by way of rights to subscribe or otherwise.—V. 158,
Prov.
company's
company
par
a
would
same
Although
Int.
the
inventories, $1,820; investment in Socal
$69,368;
property, $71,635; deferred charges,
984.
number
voted
Group Shares,
like
A
International-Great Northern RR.—Bond Interest—
;
below.—V. 158, p.
incorporation
common
amendment
having the
Int.
include
not
$5,514;
Period End. Aug. 31—
Other
director.
a
in
17
after
■. v
dividend of 50 cents per
semi-annual
;A
and
;
•"$10,092
$311
(par $1), $182,000; surplus
capital stock in 1936 (less deficit to June 30, 1942), $187,713;
surplus, $16,141; total, $401,154.—V. 158, p. 672.
Net
to
an
which
"At' present,"
p.
.
the. Aviation
.
.
special meeting of stockholders Oct. 25, it was announced
by Alfred B. Geiger, President.
/
The
'
,
mtge. income bonds, said interest to be payable
Bixby of St. Louis, Mo., has been elected
amendment
issue
46,421
Sheet, June 30, 1943
Socal Oil
receivable,
and excess
(W. F.) Ilall Printing Co.—To Increase Stock—
to
does
stock
Gross
shares
$36,329
i
Commodity
$86,516;
Liabilities—Accounts
ital
contingent rental payment to the
a
See also New Orleans Great Northern RR.
An
i
27,071
$19,272
total, $401,154.
M. & O. RR.
to G.
further
M.
1944.
1,
$27,382
___4
the G.
April
N.
G.
O.
disbursed
was
last year, and on Dec. 27, 1941.
The directors also provided for
New
accounts
Operating
on Sept.
22 declared a dividend of
preferred stock, no par value, payable Oct.
directors
The
158,; p.'1133.
Net
dend—Bond Interest Set Aside—New Director—
on
who
Institutional Securities, Ltd.—50-Cent Distribution—
International
Balance
Ohio Kit.—Declares Preferred Divi-
&
Vice-President
resigned
named
become a partner in the Empire State Mills, Ing.
Schoenberger becomes Assistant Sales Manager in charge of
to
—V.
,
Gulf, Motile
been
Brooks,
F.
"
:
1937
8,705
30.
Assets—Cash,
payable
This compares with 75 cents per
Sept. 22.
on
April
157,
share
per
April 1 and July 1, last.
Payments in 1942
July 1 and Oct. 1, $1 each; and Dec. 23,
2449.
-
paid
follows:
record
account
$1
statement
above
June
Refining
on
of
dividend
a
cumul.
the 6 (,b
on
to holders of
1
declared
ended
receivable,
Group Corp.—$1 Preferred Dividend—
The
George
"
since
corporation
this
for
on
company
has
1941,
succeeding
sales,
with
$27,624
portion, $7,621 for 1943 and $13,957 for 1942 of the net loss (($15,852
1943 and $29,030 for 1942) of Socal Oil & Refining Co. for years
r
associated
since
"Loss.
Note—The
50-Cent Dividend—
of
A.
30.
$16,141
of
Inc.,
,
3,000
_—
corporate
Co.,
&
!
29,613
<'
for other
9,533
1132.
p.
Gilmore Oil Co.—Pays
The
25,886
income .tax——
and
Kalman
underwrite the issue.—V; 154,pp. 1013.
$17,848
1942
$34,225
revenues
158,
and
and
Chicago,
cloth, hosiery and #11 knitting yarns and George I. ,Roundsr takes over
as
Assistant Sales
Manager in'charge of tire and weaving yarns.
,
$48,885
$45,027
_______
deplet., etc.,
Deprec.
working capital
| 35,578
,
'
Federal
Carvin;'
service
years
1 $63,202
W."
Vice-President
a
charge
1942
to
,
Co.,
&
Industrial Rayon Corp.—New Appointment—
•
and
1943
additions
Brailsford
Pdul and Minneapolis, .will
'
157, p. 2449.
Years Ended June 30—
for
used
be
purposes.
^t.
preferred stock.
7%
shares of
will
.
1937.
public 5,747
30,000-Share Issue—
30,000 shares of 6%
'
Georgia & Florida Kit.—Earnings—
1,
"V.
has filed, a. registration statement -with the SEC ' covering
convertible preferred stock,- Proceeds of the sale
Company
:h
stock, par $21,
This will clear
i
$8.82
both
up
Indiana Steel Products Co.—Files
share
per
cumulative prior preferred stock, par $65, and a clividend
and
bearing
<■
cooperative
and
;<>•
1943,
30,
Revenue
is being
a
on
amounts
—V.
of 30-year 5^2% "sinking-fund debenture gold bonds- due March' 1,"'
r=i957,";t0; anatnount isufficient^t0&:ekhadst'Uhe"'Sumr: vf :''$80',637.39r at":
vit
underwritten by the Metropolitan Life Insurance
basis whereby the employees contribute fixed
employer bears the balance of the entire net cost.
plan
The
Co.
'
$3,038,348
282,500
50,691
'
20,951
110,178
70,563
533,577
1,108,200
$1,438,405
129,955
43,625
159,304
497,383
Net income
$i84,oi9
$139,787
$953,203
$608,13?
/„ *For income taxes," employees', participation and contingencies.—
V. 158, p. 772.
.
..
, ,
•.
. ,
-
•»
if [%■ sCwi'
Av.^.U^\f.Vif; ;<
•«ii,f.W',« ;V'"^ Ai•'$ '.;'•'-*
'J/-
Volume
THE COMMERCIAL' &i FINANCIAL CHRONICLE
4215
158" Number
Kroger Grocery <& Baking Co.—Sales Increase 3.7%—
Kankakee Water Co.—Bonds Calledhas called
company
for
redemption
as
of
Kansas City
31,135,883
The
average number
ended Sept. 11,
revenues™
2,234,961
16,312,111
1,925,328
a
A
11,821,178
dividend
of
10
cents
share has been
per
stock,
>x^"V
Net
from ry. oper.
rev.
^fto&rued
Other
inc.
Fed.
490,000
taxes
no par v&lue,
payable Oct. 1
Distributions of 15
cents
each were
taxes—
185,000
133,000
1,372,000
>933,000
Operating income-—
$667,029
$6,027,382
Equip, rents, net debit..
.Joint facil. i*ents, net-.
299,945
$760,627
233,148
$5,908,965
1,479,587
86,434
accrued
Aug.
7%
1,
outstanding
1951.
preferred
of
Old
Gold
levels.
record
to
declared
the
on
Other
i,:
Net
rv.
—v.
$3,918,426
$515,714
$355,556
income.
oper.
82,740
11,765
11,528
Lake
Bullion
production
cigarettes,
In
brands
dollar
initial
quarterly dividend of $1.25 per share has been declared
preferred stock, no par value, payable Oct. 1 to
Sept. 20.—V. 158, p. 578.'
the
$5
bldgs.,
cumul.
of
record
Provision
Louisville
of
the
of
1st
V.
Trust
150,
until
2
Co.v Filth
M.
P.
29
1942
amounted
to
Results
in
sales,
and
Cost
less discounts,
goods
returns
-.
h;.
1943
■'
allowances
of
.«
•
incl. deprec.1—
written
$7,097,218. $6,108,365
6,054,070
5,017,744
7,546,228
vision
'
Gross
profit
Selling,
I
$1,468,9?2
*
'*
$1,043,148
expenses,
ir.—__i._
351,586
309,908
—
and
gen.
admin,
including depreciation
!
Profit
"
1
1
$1,090,621"
Interest
paid
"Refund
:
•
of
sion
■Loss
i-C-
—
$723,572!;
$733,240
37,663
$788,528
$761,236
27,718
-
——
13,428
10,607
—
contracts
for
prec.
year—
sale of fixed jiteets
Provision for Federal income
9,402
*
- •
2,912
taxes.
1,0^4
225,000
-
165,000
285,000
q
Provision
contingencies—'———
for
and
war
post-war ad- •"
—]—
'
JustmentS
*
'
$319,067
':1
—-
post-war refund of
$55,000.
>
on
eral
available costs which
tax
profits
-deferred
Liabilities—Accounts
in
of
excess
estimated,
charges, $153,203;
388),
$130,319;
V,
Net
income
payable;
_
:000;
stock
common
plus
$1,033,828;
233,745
',237,118
Net
(par $1),
$1.17
$1.77
Net
income
$237,449;
'
,
'
stock
of
earned
in
158,
it
Profit
V
before
Interest
V
and
Profit
before
Provision
for
was
treasury,
possible
It
$130,800
$52,935
158,
$39,044
'
75,000
18,837
$0.35
$4.88
$4.82
Plant-Clioate
$35,300
$55,800
$0.11
1,528,695
also
showed
is
Inc.—Annual
■
$7,796,209
,■>■■■:
of
sales,
stock
;
$3.21
—_
$3,933,288
$2,466,628
6,440,436
4,669,048
3,414,927
2,081,443
$1,355,772
1943—Month—1942
&
$568,867
$518,361
$385,185
Interest
earned,
Interest
Fed.
127,053
45,159
ment
Cr4,572
02,112
39,208
0*3,701
25,302
"540,411
186,000
275,000
Cr3,779
7,860
taxes
contingencies.
for
Prov.
etc.—.
paid
State
&
inc.
Net
9,671
$318,974
44,500
73,093
:The
in
274,474
205,566
share.
$1.95
$1.46
Earns,
per
"After
com.
com.
post-war refund of
Cash
U.
profits
excess
Comparative
7
Assets—
$250,066
Balance
v
that
tax
notes
Receivables
(net)
Inventories
the
well
immediate
100
the
of
4,399
Cairo
feet
158,
where
in
.
.
$133,540
1,594,512
936,731
99,783
—
158,
Sundry
Reserve
7%
SI
for
cumul,
Common
and
—__
—...
accruals——
taxes
cumul.
preferred
conv.
stock
stock
preferred
(par
/
(par
stock
Co.—Dividend
No.
■
and
of
share.
well
as
preferred
St..
and
Boston,
The
shares
letter
to
157, p.
165.
100,000
annual
1948,
548,764
$3,275,867
$484,943
:
Steel
Corp.
stock.
common
cents
"
in
by W.
and
regular
and
and Oct.
15,
12,
75
158,
jt
V
Lukenweld,
Payments
25
cents
in
1942
Inc.—
158,
were
as
April 15,.
p. 291.
extra;
30 cents.—V.
J.
Murray, Jr.,
president.
50,
40
Included
in
the
net
the
at
therefore
company
any time."
Boston Safe
to
on
and
Deposit
remittance
will
be
It
from
pany's
I
of
common
firms
stock
headed
financing
scheduled
will
thereafter
the
In
to
the
convert
tax
and
ageing
leaving the
year
the
the
1.0%
credit.
returns
up
total
a
of
company
of
post-war refund
The
to
share
domestic
free
$1,085,000
annual
plan
meeting
on
authorize
to
of
of
its
of
all
of
which
excess
Internal
including June 30,
recapitalization
is
Bureau
and
the
is
to
profits
Revenue
has
X9.42.Pi"=v'
be
submitted
to
Oct. 26, Mr. Murray announces
issue of preferred stock in
to sell 150,000 of these shares,
with other company
funds, to
new
a
amount
of 200.0GO shares,
the
proceeds,
together
presently outstanding debentures and preferred stock,
appended to the report states that a proxy statement, and
use
of
for
proxy
about Sept.
or
the
at
use
meeting
will
be
mailed
to
A
a
stockholders
25.
the
in
capital
Distillery,
Tho
President
stocks
of
is
Eardstown,
with
concludes
the
two
Kentucky
his
the
and
comment;
with
report
outlook:
company's
"It
of
reported
Glencoe
"For
the
many
following
comment
on
.
be
to
anticipated that operating difficulties will multiply and
intensify during the continuation of the war and in the period of
readjustment thereafter.
The double burden of supply for the armed
forces
and
the
essential
organizations
upon
needs
of. the
which
of
your
civilian
company
public
necessarily rests
typical.
It
is the
is
responsibility of management to give the best possible service to the
nation
during the emergency and so to handle the affairs of the
that it will emerge strong and
company
flexible to meet
the inevitable
post-war
readjustments.
The refinancing program which is now pro¬
will further strengthen the position of the company and is a
move toward these objectives.
Research for the development of plans
for post-war operations is being continued."
posed
of
i.v.i'-.r-
i
& Trust Co.,
promptly made
of
Consolidated
Income
sales
of
*•'
Account
Period Ended June 30—
Net
,V;,
V...>V'&
Statement
vv:
(incl.
:
12 Mos. 1943 6 Mos. 1942
242,496,294
(excl. of deprec. and amort.)____ 202,450,077
sales
!?r'''
Subs.)
:
:
by
102,787,996
Brothers
by
used
for
the
group
a
and
Smith,
retirement
of
common
for
share
to
the
of
Oct.
50%
to
of
expanded
in
1,
1963,
the
issue
$320,000
through
common
stockholders
each
registration
addition
mature
retire
amount
the
the
volume
of
the
"
will
to
the
ratio
present
on
and
will
have
a
by maturity.
The
1, 1944 through
Oct.
1962.
stock
will
of
be
offered
one-fiftl)
to
of
a
the
loans
general
—40,046,217
86,394,279
the
16,393,718
•.'.'•.•w.n.
"23,422,702
10,885,279
—_
454,815
235,631
——
16,168,699
5,272,807
———————
701,259
321,401
———-—16,869,957
and
5,594,208
amortization————.
>
;
Net
profit
Other income
Total
Other
income
charges
-———--—
Provision for Federal
Federal
Provision
Net
for
for
credit
Balance
Dividends
L—
on
per
the
year—,—■<-————-
(net)
paid
Dividends
7%
bonds
to
be
——a-
contingencies—————;
profit
Special
tax_„—
on
—
—
-
5(4%
common
f633,360
311,851
1,819,199
normal tax—
profits
excess
share
of
"After
cumul. pfd. stock
stock——
1,052,199
}8,820,027
500,000
2,619,162
250,000
5,097,371
§254,311
1,360,995
5.351,681
1,360,995
293,988
1,682.726
841.375
$2,85
common-share—
—
amendment
net
reduction
of
$519,800
retired
by
in
reserves
for doubtful
'
$0.72
notes and
as not currently reauired.
war contracts
of $44,000.
profits tax of $980,002.
§For Federal
taxes applicable to the six months ended June 30, 1942.
" '
accounts
an
operations-—.—
from
•»Tncludes
receivable
provision
presently determined
for renegotiation of
$ After post-war refund on excess
and
of deprecia-
expenses (excl.
com¬
stock.
financing will be disclosed in
bank
sales,-
on
amortization)™——-—
and
Earnings
statement.
the
and
tion
underwritten
Lehman
by
Selling
profit
$20,000,000 of debentures
be
be
Gross
Depreciation
SEC
to
will
required
$600,000
that
Further details of
to
each
$600,000 outstanding
of $1,000,000 on
a
borrowings
purchase
1943,
fiscal
of
distilleries—
Distillery,
of
years
they
have enjoyed reputations as distillers of high
grade whiskey, and it
is believed that, by these capital purchases, the
company has con¬
siderably strengthened its position."
-Both are now wholly engaged
in distilling alcohol for the U. S. Government.
A, /
.
debentures
expected
stock
the
May,
the
immediate
all
Investment
the letter added.
■
the
retirement
and
is
in
loans
all
Fairfield
the
reserves
bank
subsequent
finance
off
proposal
to
note
holders of shares of preferred stock.
can be
purchased by the com¬
the
and
to
paid
During
an
total
form
share.
holders
on
q
that
reports
1942,
Act
redeem
the
to
$2.85
to
1
also
basis
were
the
and
purchase
per
these earnings were equivalent
stock.
discussing
that
preferred
to
Co.
new
750,000
704,000
of
the
50
21
stockholders at
which
and
Mass,
the
704,000
amortization
Jan.
26, , $1.25.—V.
par
35 cents;
President
into
the
to
offered
a
This offer is open
as
stock
limited,
banking
sinking fund
$5,080,719
for
depreciation
$315,701 in 1942. -V.
By-Products
on
15,
debt.
In
sell
to
larger inventories
company's business.
142,054
227,578
new
reserves
Sept.
20 and
Jan.
on
follows:
as
and
Lorillard
374,391
738,759
——
made
Jan.
Revenue
voted to offer to all holders of the preferred
their shares to the company for retire¬
now
$5 per
necessarily
Franklin
100,000
-
—
of
is
750,000
$10)
Total
and
2—Offers
to be retired were contracted within the
last 18 months to finance
increased cost of tobacco and other materials
178,470
275,000
$100)
(par
$5)
were
preferred
Louisville—is
$19,000,000 of short-term bank loans and for the
payment at maturity
or
sooner of
$5,209,600 of 7Vo bonds due OcL 1, 1944.
Any balance
remaining from the financing will be added to
working capital for
'
"Less
amount
Proceeds
$625,000
423,363
155,605
...
1942
cents;
15-year 3Vz% debentures was bought in the open market
and retired, thereby
anticipating sinking fund requirements through
the calendar year 1944.
Through these operations the company qualified under the 1942
the
corporate purposes.
The bank loans which are
683.992
-
contingencies—....
Surplus
1943
continue,
limited amount of its preferred shares at $3
a
price of
major
Barney &
$3,275,867
$1,250,000
,
payable—trade
payables
Accrued
will
general
loans
Accounts
75
company's
1173.
p.
Towers
opportunity
a
of
31,183
$5,080,719
„——
of
was
bank
well
purchased by the bankers Sept,
was
the rate of $5 flat per share,
and
5~79~900
912,549
...
*\
a dividend of 35 cents
per share
$10, and the regular quarterly dividend of
stock, par $100, both payable Oct.' 15 to
record Sept. 30.
Like amounts were disbursed on April 15
15, last.
On Jan. 15, 1943, a distribution of 60 cents
per
June
tax
Company Sept. 21 registered with the
Liabilites—
Bank
The
the
development
to Refund Debt—
2,010,222
—
equipment
—
Field.
1173.
p.
1942
1,468,262
assets
during
25,
June
stock,
the
July
Cost
$46,500.
$284,008
—
»
Sept. 16 declared
on
common
on
whiskey
Co.—Registers New Securities—$20,000,000 Debentures and 374,391 Shares Common Stock
'
Total
the
(P.)
305,895
—
and
$1.88
1943
„
directors
term-loan
completed its Chitwood No. 1
This wildcat opens
a
new
pool
at
area
added.—V.
terminate this offer
Certificates should be sent
at
Sheet
I
—
buildings
"Land,
Miscellaneous
7,000
264,203
$2.42
of
1173.
p.
580. V
common
on
has
it
Kansas.
southwest
right to
$271,202
-12,250
341,060
-
,
S.
tax
$353,310
.
158,
June 29, last, and 50 cents each
on
Payments
$1;
preferred stock,
of
a
The stock
at
pany
——
44,500
stock..
on
boti^years,
Simpson Sand.
larger gasser in the Viola Lime at 4,287 feet
discovery for the company which has substantial
for
voting trust certificates
5,383
114.000
———■
profit to surplus.
on pfd. stk..
Borden.—V.
period's
p. ,773.
'
paid
Earns,
L.
to the reserve for contingencies, but not
including
special credit of $254,310, representing over-reserve for the-previous
taxes.
After payment of the four quarterly dividends on the
a
paid.
.
Divs.
H.
addition of $500,000
$4,344,152
that
stock
200,656
amortiz.——
;,T.
-
assets is cash in the amount of $15,742,427.
profits for the year are reported as $5,097,370, after payment
of interest, provision of
$10,639,226 for Federal income taxes and an
1943—7 Mos.—1942
^
oil
"The directors have
Depre.
is
were
Sales Manager, has been elected a Vice President.
charge of the combined sales of th parent company, and
holders Sept.
$2.71
time, on May 1, 1943, the earnings of the company were
sufficient to permit the payment of the first dividend on the
preferred
stock.
An additional semi-annual dividend of 25 cents
per share will
be due on Nov. 1, 1943, and it is
expected that this dividend will be
1940
operating
etc.
exper.se,
1941
$5,237,915
report
sales
current assets of $69,163,398 as compared with total
current
of $16,060,965 as
at June 30 are disclosed in the audited
report for the fiscal year ended June 30, which was mailed to stock¬
86,491
H. Davison, Treasurer, on Sept. 22, in
stockholders, said:
"Approximately two years ago, this company
Since
Cost
period
McKesson & Robbing, Inc.—Annual Report-
Inc.—August Sales Off 9.11%—
an
important
an
for retirement
1942
income
which
liabilities
Purchase Preferred Shares—
<
1943
comparative
during
'
Total
1,307,419
—
common
miles
as
Longwood
$0.02
Co.,
paid
20,
cents; July 15,
and Wertheim & Co. on Sept. 20
made a
secondary offering of 195,003 shares of common stock
(par $5) at 6V4 a share, less 50 cents a share selling concession.
The offering was oversubscribed and books
$34,098
$0.03
Statement—
Years End. June 30—
and
1942
requirement——83,063
County,
two
50,000
Manufacturing
late
subsidiaries,
the
share
3,368,648
——
Robert
La
No
of) 1942,
579.
current
trict No. 1.—V.
487.
p.
for
common
.**V{.i
in
p.
holders
protective commit¬
tee of Cowlitz County (Wash.) Consolidated
Diking Dis¬
(includ¬
adjusts.)__
be
two
The
15 from trustees of the bondholders'
and
profit
1————•
Earnings per common share—.
V.
$106,700 ;
174,000
sales
of
f
158,
on
131,120
3,965,260
announces
completed
closed.
—_
that
share
per
Frederic Wlese,
its
Long Bell Lumber Co.—Secondary Offering—Lehman
2,649,110
$259,300
taxes—
the
1943.
examined
13,891
\'iy Net
■■
3,295,300
24,100
income
disclosed
$0.61
l-
April
will
V.
Refining Co.—Completes New Well—
company
in
Pratt
announcement
20,300
post-war
He
•
$239,000
for contingencies
Provision
ing
'J-
income—__
Federal
to
Lukens Steel Co.—New Vice-President—
J.
Brothers
taxes.
21
$53,833,619 and that net income
were
equal
88.
P.
773.
approximately
surplus,
income———
Federal
profits
excess
.v.-
miscell.
miscell.
the
credit, the com¬
the current year.
President of the Citizens & Southern National Bank,
been elected a director of Louisville & Nashville
has
cents
15,
cents;
2,300,172
taxes—
share
per
p.
Lion Oil
The
Well
sales
3,961,000
75
The
July 31, '43 Aug. 1, '42 Aug. 2, '41
$4,200,000
$3,402,000
$2,688,154
& operating expenses,
provision' for deprec.—.
In
profits
of $1.75 per share has been declared on the common stock,
payable Sept. 27 to holders of record Sept. 21. This compares
$10,
April
$23,914,935 $17,505,737
taxes
dividend
stated'.-r-Y. ■ 158,
was
and
-v
dividends.
or
A dividend
with
5,840,217
125,331
$635,928
$§99,649
$5,194,706
The; company, had same-number of stores in operation in
.
'V'^.rV'q
including
after
stock
Period End. Aug. 31—
Sales
$998,561;
payrolls' and
held
Ga„
follows:
Federal
Lincoln Stores,
post-war
assets,
$142,605;
half
p.
of
have
$3,434,000,
Net
Regula¬
adjustments, $150,surplus, $827,363; sur¬
capital
common
sales
Cost
before
income
—V.
post-war
assets,
26 "Weeks Ended—
Net
6.001,212
2,318,876
10,695
"
Sept.
would
MacAndrews & Forbes C«.—35-Cent Common Div.—
170,193
$0.40
preferred
excess
Income
net
carry-over
Lowell Bleachery, Inc.—$1.75 Dividend—
par
share
—
filed
year
dividends.
first
158,
succeed
x
and
438,514
.
10,318
the
Lane Young,
to
1V2 %
;
Preferred
Stores, Inc.—Earnings— " ;
7.
:
.-
hand
on
Fed¬
sales
acreage
■
bullion
1943
,
$4,710,195.—V. 157, p. 1083.;
Kresge Department
m
^
>
1943—Month—J.942
1943—12 Mos.—1942
$3,153,025
$2,374,245 $36,469,306 $25,038,400
—514,621
taxes
191,159
per
income
fi'ccrued
are
Earnings for the'Eight Months Ended Aug. 31
Net
under Federal Reserve
and
appraisal of fixed
of 3,015 shares of
cost
$3,461,723;
this
$1,488,384,
$2.77
$360,986,
require.
stock
common
1
189,144
fixed
$239,903;
banks,
war
arising from
;Ur$21,849; total,
_
$1.82
1943
$420,201
market, $1,105,521;
$55,000;
trade,
for
reserve
after
div.
„
total, $4,710,195.
payable to
notes
$1,750,000;
taxes
stock
taxes and miscellaneous accounts payable, $220,577; estimated
provision
vfor Federal income taxes (less U. S. Government tax notes of
$769,tion
balances,
30,
in
not
are
refund,
bank
year
before
income
banks, $1,177,704; U. S. Government
securities, $560,000; accounts receivable, $660,206; inventories at latest
excess
H.
RR.
LeTourneau, Inc. (& Subs.)—Earnings—
Pfd.
•
Sheet, July 31, 1943
hand and
and
current
117,362
•
'
•
for
Net
139,000
Net
Balance
,
:
$1.14
June
statement
was
preferred
for
its
a
available
approximately
after
stock
exceed
and
reflect
not
similar carry-over available for
months of
after
Atlanta,
payable and accrued charges, $257,438; provi¬
taxes," after having paid on account of Dominion Government
for
$274,006
140,281
common stock
Assets—Cash
2,000,000-2,000.000
$300,000; building, structures and equipment (less pro¬
depreciation of $7,305,839), $340,317; mining properties, $1;
funds, $382,566; sundry assets and prepaid expenses, $136,597;
.'Net income
186,000
-
—„—
($1 par)—
237,449W.
Earnings per share————$1.36
"After
2,000.000
$0.96
——
5,428
\
100,000
'—A—..
Dividends paid
Shareg of
4
—
Net profit
2,000.000
Sheet
six
1942
if
income.to
net
common
$100,526,158,
which
i/V 'i.:
off,
(R. G.)
50,000
—_
-
brand,
Louisville & Nashville RR.—New Director—
out¬
Period End. Aug. 31—
Net
sales
*—;
profits taxes———"495,000
''Provision' for
i:
*
55,288
on
•A* Excess
5,500,000
$475,000; reserves, $382,566; capital
stock, $2,000,000; profit and loss balance, $3,183,799; total, $6,298,803.—
V. 158, p. 487.
resulting from renegotiation
war
$5,534,927
3,700,000
Liabilities—Accounts
367,048
$1,179,099
—
income
$3,639,318
2,200,000
total, $6,298,803.
,
$1,117,366
61,733
——-
income
Total
$2,279,231
for
taxes
Other
1,608,616
$1,918,183
of
$39,106,224.—V.
in
transit, $240,206; accounts receivable, $1,803;
Government
war
contracts, $145,873; supplies on hand, $502,700; investments at cost,
$787,018; shares in otner mining companies, alter deducting amount
1941%%
...
$9,015,180
sold,
''
1942.
reserve
;
1,566,018
credit
reducing
no
period
available
'191,089
1,600,000
stk.
share
-
813,955
Balance
Years Ended July 31—
A.
•
824,179
v
209.0S2
profits
registration
the
stock
218,353
$3,914,703.
earnings before taxes
The
'
Kinff-Seeley Corp.—Earnings—
A
Gross
principal
1942
sales in
was
will have
the first
for
-
'
for .taxes—;
Assets—Cash
,
-
standing (par $1)—
Earnings per share
4130.
p.
on"-
204,221
Shares capital
Market Sts.,
receive bids
and
Sept.
on
'
'
company's
-•
■
tobacco
excess
effect of
per
event
pany
4,886,664
83,586
—.—
and
Dividends
Louisville, Ky., as?:
for the sale to it
mtge. registered bonds, at prices less than the par value thereof.
will
4,014,430
year
the
$1.46
$9,428,828 $12,304,883
—
Profit; for period-.
Kentucky Rock Asphalt Co., Inc.—Tenders—
The
deprec.
structure
23,551
2,910,186
__
equipment
'
-.agent,
exps.
unused
had
$12,281,332
24,047
$6,221,726
expenses
for
1940
'
the
an
30,054
$5,572,150
•
for
1941
$9,404,781
2,625,567
I—W
income
Administration
Prov.
An
$6,191,672
32,020
Total
Operating
holders
$5,540,131
—
1942
"
»
>'
1943
Interest
$4,342,944
Kansas-Nebraska Natural Gas Co., Inc.—Initial Div.—
on
non-
include
Beech-Nut,
Murad
Friends and Briggs smoking
on
Shore Mines, Ltd.—Earnings—
Years End. June 30—
891..:}$£:
158, p.
5%
products manufactured by the 'company
and
Helmar
cigarettes;
Union! Leader,
tobaccos; Beech-Nut, Bagpipe and Havana
Blossom chewing tobaccos; Muriel,
Rocky Ford and Headline standardsized cigars; Van Bibber, Leroy and Between the
Acts little cigars.
common
holders
made
Total
;
Of
capital stock'consists
l,871y954 shares of common
and
"
2,026,215
$6,194,450
Outstanding
stock
they amounted to 10,606,545,000 cigarettes
against 5,844,261,000 the year before, and for the first seven months
of 1943 were 8,209,966,000.
of record Sept. 20.
April 1 and July 1,
last,' During 1942, the following dividends were paid: April 1,
July 1
and Oct. 1, 10 cents each; and Dec. 29, 20 cents.—V.
157, p. 899.
$1,468,627 $12,239,382
$9,246,965
575,000
4,840,000 (A 2,405,000
$1,342,029
has
company
due
of
Old Gold Sales At Record Level—
Sales
at
Laclede-Christy Clay Products Co.—10-Cent Div.—
$3,393,955 $28,551,493 $21,0o8,l43
$3,576,990
expenses.—_
Operating
'Operating
operation during thd four
as compared with 3,339
stores
decrease of 9 f/o.—V. 158, p. 892.
•
3,038
was
the
bonds
$9,800,000
stock, not including the additional shares presently to be issued.
30,025,611 289,999,208 255.512,310
of Kroger stores in
1943^
period in 1942,
same
of
$
as
1943—8 Mos.—1942
1943—Month—1942
Period Ended Aug. 31—
,V
during the
Southern Ry.—Earnings—
1943—36 Wks.—1942
$
Sales
weeks
I
1943—4 Wks.—1942
.'-^4 fv:,
•
financing,
callable
Period End. Sept. 11—
of Jan. 1, 1944, a total
$8,000 of 1st mtge. < 4V4 % bonds, series A, due July 1, 1959, at 104
and int.
Payment will be made at the First Portland National Bank,
successor corporate trustee, Portland. Me.—V. 158, p. 673.
The
1279
this
■
Sheet, June 30
1942
$9,173,362
19,528,771
36,818,525
50,000
Comparative Condensed Consolidated Balance
Assets—
Cash
S.
U.
inventories
.
bonds—series G
Savings
War
less reserves--
receivable,
accounts
and
Other
transit
banks, on hand and in
in
♦Notes
Merchandise
—-
'
(net)————i
advances (net)
assets
.1943
$15,742,428
15.960,011
37,360,960
100.000
757,708
3,333,933
•
.
——
Investments .and
771,807
4,748,895
80,467
properties
—_—
4,389,803
Equity in leased property————87,267
Non-operating properties
_______—
69,757
Operating
charges
Deferred
Liabilities—
^
1,972,613
26,622
3,741,774
Bond deposits of
War
States
and other
taxes
,etc..—^2,909,296
employees
37,901
6,837,462
liabilities,
accrued
United
$6,109,270
$6,276,308
—
--—
commissions,
salaries,
*
.'',
•
.
payable
Accounts
Wages,
1
income and exc. profits taxes
Reserve for estimated claims payable————
(Reserve for Fed.
5'n2n
600,000
13,216,000
—
payable to banks———i——
15-year 3 V2% sinking fund debentures
Deferred credits ——'
Excess res. for Fed. income and State taxes—.
Reserve
for contingencies
.—
Notes
stock,
Common
12,131,000
less
1,250,000
5,600,000
30,289,068
4,756,031
4,756,031
7,081,187
surplus
—:————
surplus from July 1, 1941——,
Capital
Earned
392,164
892,693
334,256
697,757
1,750,000
5,600,000
30,289,038
.
preferred stock
held in treasury
cumulative
5V4%
,
$78,700,265 $72,619,318
—
-
•
155,170
697,254
etc
trademarks, trade names,
Goodwill;
Total
898,397
—
litigation pending between all parties, except as otherwise expressly
provided in the plan.
More specifically, the issuance of securities and
cash pursuant to the plan will be in full settlement of (a) all claims
of Continental Illinois National Bank & Trust Co. of Chicago against
Utilities and Midland United Co.,, or either of them, and all counter¬
claims of Midland
United Co. and Utilities against the Continental
Bank; (b) all claims of The Peoples Gas Light & Coke Co. service
annuity trust against Utilities and United, o'r either of them; (c) all
claims of Commonwealth Edison Co., The Peoples Gas Light & Coke
Co., and- Public Service Co. of Northern Illinois
(collectively called
"Chicago Operating Companies"), or any of them, against Utilities and
United, or either of them; (d) all claims of the debenture holders of
every
kind, nature, and description, either upon the debentures or
arising out of an alleged violation of the negative pledge clause of the
debenture agreement, dated Sept. 1, 1928, or otherwise; (e) all claims
between Utilities and United; (f) all claims of Northern Indiana Public
Service Co. against Utilities; (g) all claims of Gary Electric & Gas
Co. against Utilities, and (h) all other allowed claims.
(3) Provision is made for participation of the prior lien stock but
no provision is made for participation in
the estate of Utilities bv any
of its other preferred stockholders or any of its common stockholders.
(4) All assets owned by. United and Utilities held as collateral by
secured
creditors
(Continental
Bank,
Service Annuity
Trust,
and
Chicago Operating Companies) will be transferred, assigned, and de¬
livered to Hugh M. Morris, as trustee of the estate of Midland United
Co., and to Clarence A. Southerland and Jay Samuel Hartt, as suc¬
cessor trustees of the estate of Midland Utilities Co., respectively.
(5) Utilities, as reorganized, will pay the following amounts, and
issue the following securities, to the following persons:
(a) Continental Bank: (i) $1,000,000 in cash; (ii) a note of series A
for $1,360,000;
(iii) a note of series C for $270,000; (iv) a note of
series
3,767,363
•Less
$3,965,371
of
income
tax
158,
1942.—V.
in
notes
anticipation
Acquisition-
Public Service Co.—Proposed
Co,
business,
joint application proposing the purchase by Maine of all the
franchises,
and physical properties of the Caribou Water,
Power Co. for a stated price of $500,000.—V. 158, p. 987.
The
'
net
1943,
Aug. 31,
on
$9.93 per share on 950,479 shares outstanding.
These
with net assets of $6,621,609 on Aug. 31, 1942, equal
to $7.30 per share on the 906,455 shares then outstanding.
At the
close of the preceding quarter, on May 31, 1943, assets of $9,523,561
equivalent to $10.01 per share.
Portfolio changes during the quarter included the addition of two
new stocks, Seaboard
Oil of Del. and White Motor Co., and increases
in holdings of nine other issues.
Stocks eliminated during the quarter
included Bendix Aviation and Great Western Sugar.
Holdings of four
other issues were decreased.
Stock of Pacific Gas & Electric, received
as
a dividend from North American Co. also was sold.
<
were
.
Account, 3 Months Ended Aug. 31, 1943
Income
Expenses
.—:—
„
Provision for Federal Income tax
Balance
Sheet,
$94,432
losses on securities)
31,
Aug,
1943
producing $9,208,406,
Assets—Securities at market quotations: Income
producing, $19,162; cash on demand deposit, $278,825; divi-,
interest receiyable,
$50,108; receivable for capital stock
non-income
dcnds
10,847
5,514
—
——
(exclusive of profits or
income
Net
$110,792
————_
_
—
and
sold, in process of delivery, $2,214; total, $9,558,715.
Liabilities—Accrued
$20,657;
other
Federal
accrued
$1,0.92;
expenses,
accrued,
taxes
payable
$2,563;
Income
capital
for
note of series D for
'
-
a
Judge Moore also authorized Mr. Thompson to purchase 51,500 gross
tons
tax,
stock
re¬
(iii)
a note of series C for
(vi) 40 shares of the capi¬
(iv)
note of series B for $495;
a
F in
of series
i,;
■
y
allowed
(i) All
allowed
series
claims
amount in
cash
'■■■ V/;-
exceeding $500 shall receive 25%
of the
and the remaining 75% thereof in notes of
F;
(ii)
allowed
All
cash
in
amounts of less than
claims in
$500 shall be paid
' V
full.
The prior lien stockholders of Utilities will receive for each
(j)
together with the disposition of the liability of the respective com¬
panies for alleged borrowings from the Chicago Operating Compwiies,
will be
settled by the payment by Utilities,
as reorganized, to the
Chicago Operating Companies, of the cash and securities noted above,
and by the payment of $263,677.50 in cash by United to Utilities.
(7) The board of directors of Utilities, as reorganized, will consist of
five directors.
The members of the initial board of directors shall be
designated, subject to the approval of this Commission, by the follow¬
ing:
(a) Continental Bank, one candidate; (b) Service Annuity Trust
and Chicago Operating Companies, as a group, one candidate; (c) for¬
mer
debenture holders, as a group, two candidates, and
(d) former
one candidate.
Until the series A
Continental Bank shall continue to
designate, subject to approvaKof this Commission, one director.
Until
the series B notes shall have been paid in full, Service Annuity Trust
shall
notes
have
been
as
group,
a
paid in full.
and thereafter, until the
the Chicago Operating
shall continue to designate, subject to the approval
Companies, alone,
196,394V2
shares in
of
par value capital stock
(ex¬
outstanding at Aug. 31, 1943,
$1
treasury)
$9,558,715.—V. 158, p. 893.
$9,438,791; total,
Massachusetts Investors Trust—19-Cent Distribution—
19 cents per share, payable
have declared a dividend of
The trustees
Oct. 20 to stockholders of record Sept.
This compares with 22 cents
30.
17 cents on April 2C and 28 cents on Jan. 20, last.
Disbursements during 1942 were as follows: Jan. 20, 40 cents; April 20,
paid
July
18 cents;
20,
July 20, 24 cents, and Oct. 20, 19 cents.—V. 158, p. 394.
proceedings for the
Utilities trustees and for the United trustee shall not be retained by
Utilities, as reorganized, without the approval of this Commission.
(8) Forthwith upon the taking effect of the plan, Utilities will regis¬
ter as a holding company under the Public Utility Holding Company
Act of 1935, and shall consent to the entry of orders by this Commis¬
Act.
The
is
carried
Madison
in
Chicago.
The
the
war
the
main
an
additional
slaughtering and process¬
processing
plant
in
company
break
from
from
on
and
of
meats.
.canned
the city
serves
specializes in pork products.
Since the out¬
substantially expanded its production of
Madison facilities include an ice plant which
it
The
of Madison and other Wisconsin communities
as
well
debentures
The
debentures
annual
with
maximum
constitute
have
to
of
payments
of
155,
the
the
in
to
retire
V.
85%
of
the
issue
by
v
Mercy Hospital (Urbana, 111.)—Bonds Called—
A
of
total
810,000
of
outstanding first refunding mortgage serial
bonds dated Oct. 1, 1942 (not including $2,000 bonds
maturing Oct 1
1943), were recently called for redemption as of Oct. 1, 1943 ($5,000 at
100V2
and
made
at
interest and $5,000
First Trust
Illinois,—V.
156,
&
at
100
and
Savings Bank
interest).
of Kankakee,
Payment is being
trustee, Kankakee
2040.
p.
holders
series
the
of
certain
and
land
Utilities
alleged
objectionable
features
of
a
have
filed
plan
of
separate plan of
the SEC.
A statement of the plan proposed is summarized as
follows*
(1) The plan of reorganization provides that Midland Utilities Co
Is to be
continued in
amended
that
it
existence.
Its
certificate of
incorporation will be
will
henceforth be authorized to have only one
capital stock (par $5), of which 450,635 shares will be issued
upon reorganization.
Upon consummation of the plan Utilities, as
reorganized, will issue notes for fixed principal amounts in six series,
designated A, B, C, D, E, and F.
The A to D notes/ respectively "will
so
class
of
bear
interest
interest.
.upon
the
full,
and
The
notps
at
2%
per
annum.
Series E
and
F
notes
will
not'bear
Payments of principal upon the notes shall be made first
notes of series A until that series shall have been paid in
thereafter
of
all
to
the
series,
in
remaining
any
event,
notes
in
mature
alphabetical sequence.
and
become
due
and
payable five years from the effective date of the plan.
(2) The
issuance by Utilities, as reorganized, of cash and securities,
present claimants of, and persons having an interest in
Utili¬
ties will be in full satisfaction and
discharge of all claims and of all
to
first
mortgage
bonds,
the
Eastern
District of Oklahoma,
60-day
period
having
now
the
expired,
Oct.
the
been declared on the common
An
Main Street, Hartford, Conn.—V.
York
New
1
will
on
not
to
year.
from the
over
selections
their
the
listed in
for merchandise
which
could
not
be
filled,
of
and
returning
dis¬
$55,000,000 to
The cost of handling these orders, and the loss
profit due to the impossibility of filling them, converted the usually
of
than
More
loss
16,000 employees have left the company to join the ser¬
been attracted to the war industries. The
and many more have
of
this
securing
ployees
the much higher wage rates, the difficulty of
personnel replacements, and the cost of training new em¬
have severely affected all departments.
7vv:V/;Vyi;7V
experience,
Ended July
6 Months
'
sales
Net
other
taxes
than
income
and
;
271,253,407
taxes
Depreciation and amortiz. of fixed properties.,
Net
profit before income
Provision
for
Federal
profits
excess
Post-war
Net
1942
284,372,025 277,119,764
..
__________
Cost of sales, selling and general expenses,
all
31
1943
,
and
income
State
taxes.,
ceivables
for period—
provided
Balance
of
Dividends
$7,030,193 $12,048,332
net
prior
periods—
on
Earnings per
common
Note—The
1942
$1,915,000
based, on the
5,800,000
1,000,000
Crl.000,000 Cr2,600,000
$8,843,332
$7,030,193
_____________
stock__.______.____
common
is
—_
profit to surplus
class A stock____
on
Dividends
in
15,140,000
0930,000
4,305,000
Cr55,000
___
profits tax refund
excess
profit
$11,280,193 $26,258,332
taxes
and
249,010,215
1,838,425 -V 1,851,217
Prov. for possible future inventory price decline
Excess reserves for doubtful time payment re¬
705,439
;
"
705.439
5,217,147
5,217.147
$1.21
_
$2.17
share
tax
provision Is baaed on the 1942 Revenue Act, and
than the amount reported last year, whi$h was
less
then pending legislation.
:
v
Comparative Balanee Sheet, July 31
1943
Assets— -f\
Cash
S. Treasury
Receivables,
less
Merchandise
♦Fixed
$
12,811,532
45,999,407
65.751.437
184,569,201
_
—
2,100,000
—
12,782,651
930,000
45,356,114
profits tax
excess
10,130,756
47,570,645
__
refund
assets
Total
1942
$
143,278,379
•
Prepaid catalog costs and expenses....—
Post-war
'
52,24.9,669
bills—
reserves....
inventories
%■;
••
■
and U.
—
______
299,114,326 324,415.466
Liabilities—
Current
liabilities
38,985,770
76,432,884
18,739,613
_
13,367,912
Reserves
(Capital stock
149,288,340 149.238,340
—
(Treasury stock
Earned surplus
Total
in
85,579,006
299,114,326 324,415.466
for
depreciation of'$36,949,113 in 1943 and of $34,(Represented by 205,000 no par shares of $7 class A
par shares of common stock.
(Represented by 3,446
1942.
5,217,147
JDr252,676
92,353,279
reserves
062,460
and
Dr252,676
_______________——
"Less
no
shares class A stock
(no par).—V.
158, p. 1072.
Corp.—Earnings—
Years Ended June 30
profit
V
1942'
6 Mos. End.
1941
•
June 30.'40
$7,451,841
$6,571,528
$5,813,734
—3,614
income
Total
31,191
119.259
29,309
$7,455,455
$6,602,718
$5,932,993
$2,128,403
1,119,414
1,604,148
1,362,690
633,353
income
adv.,
Sell.,
$2,098,599
40%
admin,
gen.
expenses, etc. _______
deductions
for
Prov.
for
exc.
Prov.
for
addit.
Federal
prof,
for
gen.
17,756
9,976
32,035
12,549
1,100,000
1,900,000
1,193,872
790,060
300.000
150,000
150,000
$1,919,785
$1,838,594
$2,284,336
676,602
tax
1,014,902
1,353,357
676.755
$823,692
$930,979
$505,751
845,752
845,752
845,752
845.944
$2.27
$2.17
$2.70
$1.39
Federal
i_
taxes
Prov.
taxes
896,000
''3,352,500
$1,243,183
Prov.
270,000
___
war
and
adjustments
profit
Common
_
divs., cash_
Stock
of
Shs.
Called—
Exchange
has
been
156, p. 2040.
notified
that
outstand'g
com.
per
sh.
com.
on
refund of $372,500.
post-war
for
Note—Amounts
$414,744 in
$1,182,506
$320,837
are
in
1940.
interest
mortgage income 5% series A bonds due
Unpaid interest on the $13,577,567 issue will
Oct. 1.—V. 158, p. 987..
'-.-'i
^
'
/
-
for depreciation are $488,407 in 1943,
1941, $231,645 in 1940, and for depletion
$267,484 in 1942, $196,080 in 1941, $50,856
provision
1942, $458,535 in
1943,
in
;
v
;Vi; v-7
~
v'"-
'
Balance
■
Sheet, June 30, 1943
*
trade accounts receivable (less reserve of
$84,320), $3,029,198; amounts receivable from U. S. Government for
emergency plant facilities, being billed currently, $101,762; inventories,
$4,401,473; investments and other assets, $1,706,383; property, plant
Assets—Cash,
paid.
on
Surplus
♦Less
adjustment
be
_______
Miscell.
Earns,
Missouri-Kansas-Texas RR.—Not to Pay Oct. 1 Int.—
Oct.
last
22%
increased
make
the orders
15
has called for redemption as of Nov. 1, 1943, a.total of
$28,000 of 6%% 10-year first mortgage (extended) gold bonds, Issued
under indenture dated May 23, 1934, at 100 and interest.
Payment
will be made at the Hartford National Bank & Trust Co., successor
The'
months
customers
Supply Co.—35-Cent Dividend—
cents per share has
35
of
The company
due
the
appointed customers.
holders
to holders of record Oct. 5.
This compares
cents paid on July 15, 15 cents on April 15, 1943, 35 cents
18, 1943, and 25 cents on Jan. 15, 1943
(compare V. 157,
777
where
and adjustment bonds,
(The) Miller Co., Hartford, Conn.—Bonds
trustee,
the six
during
stores
1943 '•
for
Court
The
payable
30
period of last year.
same
1943 catalog brought the greatest demand "for mer¬
previous spring book. The total dollar value of mail
Motor Wheel
1183).—V. 157, p. 2451.
p.
Missouri Pacific RR.—Court Permits Trustee
reor¬
of Mid¬
reorganization with
a
the
dated
decree.
Feb.
July 31, 1943, were $284,372,025;
or 2.6%. This gain was attribut¬
which were 13.1% above
not be filled because the company was unable to secure
adequate quantities from its source of supply.
average of 4,000 employees worked at the task of handling mail
Net
on
ended
and
$8,282,770;
$5,482,155; deferred charges, $102,105; total, $23,v!-V';
equipment,
105,847.
Liabilities—Notes
payable for purchase of tlmberlands, $58,761; trade
payable, $3,871,274; voluntary price adjustments on war con¬
1943, $2,210,495; payrolls and
payroll taxes, $612,669; capital stock tax, property taxes, and miscel¬
laneous
liabilities,
$230,557;
Federal taxes on income (less U. S.
Treasury tax notes to be applied in payment of $3,500,000), $1,180,603;
reserves, $350,000; common stock (par $5), $4,228,760; capital surplus,
$4,310,784;
earned
surplus,
$6,051,945;
total, $23,105,847.—V. 158,
p. 394."■ •■ :V
'■ ' "V'
accounts
J[ay Samuel Hartt, successor trustees of the estate
Co.,
be dissolved and
1943,
dividend
with
months
says:
Midwest Piping &
stock,
six
increase of $7,252,261,
any
post-war
A
Report—
deliveries in
(2)
and adjustment bonds, series A and series B, are, by
the terms of the said decree, required to forthwith deliver their bonds
to the Girard Trust Co., 135 Independence Square, Philadelphia, Pa.,
for the affixation of the legend and new coupons as provided for by
the
Plan
as
amended, the decree aforesaid,
and the supplemental
indentures entered into in compliance with said decree.—V. 158, p. 987.
1967
ganization of Midland United Co. and its subsidiary, Midland Utilities
Co., proposed last January by the United trustee, Clarence A Southerland
the
of such
reorganized,
(!) and 11 (b)
notes of Utilities, as
(b)
first mortgage
of
and
1072.
p.
catalog could
Other
19,
Adjustment
158,
Co.—Semi-Annual
&
hand, one-third of
on
approved and confirmed the company's Plan of Debt
Jan. 11, 1943, as amended March 31, 1943; and
the
adjustment provided
thereby, and directed that the Plan as
amended be effectuated after the expiration of 60 days from the date
July
District
S.
for
of
the
Unlike
Gross
U.
Midland Utilities Co.—New Plan Offered—
avoid
of
B,
estimated cost
The
200
100 stock cars
Chairman, states:
the
an
received
orders
stocks
Valley RR.—Amended Plan Effective—
to
and
amount
To
of
11
full at maturity, Utilities shall
paid in
an
high volume of retail store sales,
Spring
on
company's sole long-term debt.
of a sinking fund, beginning
1946, increasing biennially to a
calculated
2096.
p.
all
A
The
benefit
$150,000
and
$275,000,
maturity.—V.
.'•••
will
are
that
be
notice
A
series
as
Total sales for the fiscal year ended last October
exceeds $74,000,000, with net profits of $555,000.
For the 40 weeks
ended Aug. 7, 1943, sales were in excess of $75,000,000 and net income
approximately $540,000.
The
sales
The
chandise
has
needs.
company
event
the
not
Midland
$3,000,000
business
plant
Sections
reorganization
liquidated according to law, unless this Commission otherwise directs.—
packer, Sept. 22 filed with the SEC a registration
15-year 3V\% debentures due Oct. 1, 1958.
'The statement indicates that A. G. Becker & Co., Inc., will head the
underwriting group.
The funds are to be used to the extent of
approximately $2,050,000 to pay off an issue of privately-placed notes,
the balance being added to general working funds.
Company is celebrating its 60th anniversary this year.
Founded by
Oscar F. Mayer, who has been continuously identified with the man¬
agement and is now Chairman of the Board, the company has re¬
mained closely held in the Mayer family.
The business was incorpo¬
rated in 1911.
Net profits have been reported in every year subse¬
quently, without exception. 1
•
ing
the
in
with
In
shall
counsel
accordance
in
sion
The company, meat
for
and
Attorneys
(Oscar) Mayer & Co., Inc.—Registers with SEC—
statement
Commission, one director.
this
of
for
the
to
the
and Chicago Operating Companies, as a group,
series D notes shall have been paid in
full,
(based
not yet received, $587; dividend payable, $93,025; net assets
on
carrying securities at market quotations), equivalent to
clusive of
sales
Net
representing
prior
Utilities,
prior lien stockholders,
Ward
Montgomery
able
Northern.—V.
International Great
the
Sewell Avery,
share
lien stock presently held, one share of the capital stock of
as reorganized.
(6) The inter-company claim litigation between United and Utilities,
of
for the New Orleans, Texas & Mexico
hopper cars
for
of $545,000.
amount
Gary: (i) $8,561.67 in cash; (ii) a note of series F for $25,685.02.
allowed claims shall be settled, satisfied, and paid as
follows:
in
note
All other
(i)
rail and accessories at
112-pound new steel
new
Comparative Income Account,
acquired,
$9.93 per share for 950,479% shares
of
$3,960,665, 800 new freight cars at estimated cost of $2,729,000.
cars
consist
of 500 hopper
cars
for the Missouri Pacific,
of
the deben¬
will receive for each $1,000 principal
(i) $10 in cash; (ii) a note of series A
debentures:
such
first mort¬
mortgage bonds of the International Great Northern RR.
first
by him,
(g) Northern Indiana: (1) a note of eries F for $799,904; (ii) a
r
to
amounting
of
$495;
(h)
of $9,438,791
assets
figures compare
Income
for
held
$132.50; (v) a note of series E for $132.50;
tal sto^k of Utilities, as reorganized.
.
total
reports
Fund
(ii)
•
debentures
or
■.amount
Light &
Inc.—Quarterly
Massachusetts Investors Secondt Fund,
Report—
cash;
Each debenture holder, upon surrender to Utilities of
(f)
1
bonds, due in 1939-40, and on the non-cumulative 'income bonds,
due in 1942-43, of the New Orleans, Texas & Mexico Ry.
$1,610,000 for two six-month interest payments, due in 1935, on the
(ii) a note of
in cash;
$408.55
cash in the sum of $842.98 in cash;
ti)
Public Service Illinois:
ture
*
-
$3,425,025 for three six-month interest payments on the
gage
(ii) a note of series D for $478,000.
Electric & Gas Co. and its subsidiary, Maine Public
have filed with the Securities and Exchange Commission
a
Pacific RR.
vices,
$748.47 in
(i)
Gas:
$13,159,525 for two six month interest payments, due in 1935 and
on
the first and refunding mortgage bonds of the Missouri
1936,
profit mail order operation into a substantial loss.
(i)
Co.:
Edison
for $1,405,000.
(d) Peoples
consolidated
Service
$373.68
$1,115,000.
(e)
Maine
(iii) a
in cash; (ii) a note of
note of series C for $124,000; (iv) a note
(i)
$124,000.
Commonwealth
(c)
series D
892.
p.
E for
of series
in 1942.
tLess
tLess Federal
of $5,644,253 in 1943 and of $430,360
of $1,607,625 in 1943 and $1,945,894
in 1943 and $4,016,276 in 1942.
reserves
reserve
Trust:
Annuity
for $1,082,000;
series B
$78,700,265 $72,619,318
J
Total
Service
withheld interesti
bonds and $140,300-for. payment of
orders
for $270,000.
E
(b>
Monday, September 27, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
1280
to Spend
$44,274,118 on Retirement of Borids and Interest Pay¬
ments—Five Issues To Be Redeemed—
Judge Moore at St. Louis, Sept. 18. granted Guy A Thomp¬
trustee, authority to spend $44,274,118 for the retirement of
issues, partial retirement of a sixth and payment of interest
Federal
son,
fiv.e bond
on
these
and three other bond
tracts
applicable to year ended June 30,
issues.
*
by the court were: $10,364,400 for retirement
outstanding first mortgage bonds of the St. Louis, Iron
Mountain & Souther^ Ry., River & Gulf divisions, plus $694,160 for six
months' interest due Nov. 1, 1943, on the bonds to be retired.
$6,996,000 for retirement of all outstanding Pacific RR. (of Missouri)
first mortgage bonds and $195,305 for payment of interest withheld.
$2,573,000 for retirement of all outstanding Pacific RR. (of Missouri)
second mortgage bonds and $177,965 for payment of withheld interest.
$237,500 for retirement of Pacific RR. (of Missouri), Carondelet
branch, first mortgage bonds and $13,952 for payment of withheld
Payments
of 30%
approved
of the
interest.
$779,000
for retirement of Pacific RR.
real estate renewal bonds and $5«,925
$3,823,000
for
retirement
of
for
Missouri
(of Missouri),
St. Louis
city
payment of withheld interest.
Pacific
RR.
third
mortgage.
Montreal
Light
Heat
&
Power
Consolidated—Ex¬
pansion and Improvement 1925-1943—
Capital expenditures involving an outlay of more than $100,000,000
the years 1925 and 1943, coincided with the period of greatest,
between
development in the history of the company, it is announced.
During
that time output of primary power expanded 3 Vi times and the num¬
increased by more than 100,000.
Over the
increased by 65.000 in number, while
advanced to nearly 5!/a billion "subic feet.
Designed for shareholders, but also of wide interest to customers
served, the company has just issued a booklet under the title of "A
Record of Bbcpansion and Improvement 1925-1943" which sets out in
detail development of th« physical properties of the company through
ber
of electricity customers
same
period
gas
annual production
customers
*
■
.
.-■V W
V
•■::' '•.!
i'
Volume 158
:
Number 4215 '
•
.
National- Refining Co.—Offer to Stockholders—
.
»in
// Otis
<
properties,
and
the
stock
and $8 per share for the common stock.
/..The offer is open at least until Oct. 23, 1943, and
may be extended
by Otis & Co. until Dec. 17, according to the letter which further states
company's
billion kilowatt hours to 3.8 billion kwh.
necessary
for
the amount of
this
production
The gnerating plant facilities
expanded
were
purchased power was
690,000
by
increased from
hp.
110,000
to
that
while
$6
175,000
Allied
the
This
in
the
with
company's
work
the
expansion
featured
flow
of
Enlargement
of
which
from
growth
a
134.5
364.5
the unique High Tension
assures
in
K.
the
each
on
the
of
capacity
of
company's 29 sub-stations
kva.
At the beginning
only-13- sub-stations
the
Dealing with
historical
1837
■
Belt Line«
their
produced
and
The
the
follows
growth,
a
886 at
the
and
service
in
Montreal
of
the
in
manner
which
coke
are
Total
of
$1.50
paid
.'
pany
;
issue.—V. 158,
made
share
per
& Telegraph
has
declared
been
to holders of
15
April 15
on
and July
15,
1174.
p.
the
on
common
Net
Sept. 30. A like
Previously, the com-
$1.75
share
per
1942
profit
Preferred dividends
*
457,056
:
31,516
'
63:034
$533,858
dividends——
outstdg.
common
Pari
Earnings per
mo
-
share..—
"After providing
/
Comparative
June
1943
for
'
1,082,561
and
;>///.■
29.
This
14,
P.
E.
with
50
cents
each
cents
15
to
share
per
holders
paid
on
May
May
on
15
and
15,
of
last,
Nov.
<•
report
provision
a
158,
"After
dividends,
1942
year
all
the
shares———=
charges
subsidiary
$0.56
or
share.
a
$175,140
including
estimated
claim
be
ended
For
the
equal to $0.53
Note—Federal
at
been
for
under
"
;
$418,060
has
The
National
Canada,
1943,
330.482
330,482
$1.26
surtaxes
ended
net
profit
March
the
surtaxes
and
under
sale
it
to
Co., Ltd.,
11
a.m.
the
for
amount sufficient
an
31,
of
profits
excess
the
latest
and
the
Internal
1943,
taxes
net
have
acts.
Revenue
relief claims
to
sinking fund
to
of
1st
exhaust $15,000.
mtge.
Each
the
<
»
been
Code
in. the
<•>;
profit for the year
Executive 'Officers'
Directors'
Legal
sals,
1943
*
•
1
h
Co.,
1942
f;
71,993
•/
fees and exps.
Y
series
*
-
invests.— /
U-,'
5,714
u————-
$3,397,328
$4,756,336
for
deprcc.
of
bldgs., plant and mach.
of
special equipment.
for Dom. inc. tax
,/ s
Net
profit-
Earnings
capital
2,356,492
/
77,315
1,646,309
:
__--
442,156
1775,000
election
tions
77,733
v,
•'351,000
and
1940.
'
$4.66 ;
and
also
921,065;
excess
minion
of
Canada
inventories
of
raw
$1,779,656;
charges,
deferred
$8,328,102;
total,
hand
profits
Sheet, June 30, 1943
and in bank," $1,257,017;
portion
$57,566;
patents
$18,117,104.
Liabilities—Accounts
payable,
of
and
$934,330:
excess
taxes
in
reserve
for taxes
and
...
tax,
goodwill," $1;
the
profits
taxes
net
provision
excessive
ended
kwh.
Gas
of
expenditures
contingencies,
for
the
17
is
and profits recorded
$1,500,000; $5 cumu¬
kwh.
•/■•.
:■
Association—Output—
Association
increase
an
11,607,641
//-/■.-
output
of
for
reports
output
kwh., or 7.83%
corresponding week a
;
Sept. 17 week is reported at 112,309,000 cubic
13,457,000 cubic feet, or 13.61%/ above production
of
cubic feet
in
the
corresponding week
a
ago.—V.
year
1175.
p.
electric
908,722
the
the
increase
an
Sept.
This
production
ago.
feet,
The
158,
Association—Output Up 2.32%—■
Association
reports number of kilowatt-hours available for its
week ended Sept. 18, 1943, as
64,193,283, compared
with 62,737,954 for the week ended
Sept. 19, 1942, an increase of 2.32%.
Output lor the week ended Sept. 11, 1943, was
59,564,247 kwh., an
increase of 0.75%
over
the
corresponding week last year.—V. 158,
territory
for
1175.
P.
:%/:• :'/;v.;;/''/://,
1
/
the
New Orleans Great Northern
Ry.—Interest
The
directors
Sept.
on
income debentures
See
also
1777.
p.
The
to
Missouri
22 declared
be
made
Pacific
of
as
RR.
a
Payment—
payment of 2Va%" to
record
Oct.
9,
1943.
holders
Gulf, Mobile & Ohio RR.—V.
'-■;//-.K:-/'/v "
'
of
,
and
/;//:;/,.//'/■;///•
156,
Chicago & St. Louis RR.—Stock Deal De¬
estate
the
"C-2"
of
in
1942
about
about
1942
was
constructed
at
under
and
contracts
$52.69
from
company
of
average
increased
$43.43
for
during
1941,
21%
v
year,
Independent
conducted
Shipyard
under
among
the
is
affiliated with
Unions
supervision
,v
the eligible employees
ot
Income
Account
dividend
America.
the
for
of
v/ork—
the North
Calendar
with
recent
a
Labor
Carolina
Rela¬
Ship-
Total
.
Years
1942
———
operating
income
.
,
profit.—_________ $17,349,371 $14,918,785
deductions./—/——
363,569
277,588
...
and
profits
surtax
___________
$17,712,940 $15,196,373
1,634,000
2,988,000
tax____—_//_____
'
,
Net
profit
for
~
assets,
Net
profit
Preferred,
•
Common
Earnings
*After
.
Finance,
view
of
and
Otis
and
from
template
said
the
carried to
to
suant
and
of
the
commission
modest,
in
$5,791,373
$5,641,171
$5,791,373
500,000
$4,641,171
$5,291,373
'
;
.Balance Sheet,
banks
and
on
;
31, 1943
Co."
The
C.
commission
a
paid
by
Nickel
commission
&
O.
controls
the
Chesa¬
the
Nickel
less
than
the
the
Period Ended Aug. 31—
profits
Other
and
taxes
1,800,000
15,797,000
10,725,000
2,599,421
2,324,396
9,115,975
8,512,955
714,755
742,330
6,142,936
of
5,317,198
8,333
8,333
66,667
66,667
733,997
6,076,269
5,250,531
inc.
to
of
335
shares
of
the
Bankers
bonds,
common
Trust
and
trustee
received
shares
of
Aug. 26
business
*
men.
(See
also
Rochester
Telephone
Corp.)-
Director—
William
elected
death
as
cash
48,140
stock of the Rochester
Telephone Co. ■' The securities
part of the bond collateral.
The stocks were sold on
Rochester
New
Co.,
$5,369,952
stock
preferred
have been
Dr.
with
mortgage
second
to
Co,—Substitutes Collateral—
company has deposited
first and refunding
sale
very
1943—8 Mos.—1942
other
transferable
the
is
Year to Date
158, p. 988.
from
statute,
301,126
1,134,332
New York Telephone
its
Co.
•706,422
appropriations
The
the
323,347
Sinking funds and
for
in
Otis &
pay
pur¬
1,790,500
■
___________
—V.
of
part
receive
1,090,536
;
Net oper. income.,
Net income
Balance
no
to
specified
to
are
is
$7,855,005 $66,262,717 $55,950,991
ex¬
taxes
ry.
services,
Co.
/
$8,194,138
income
&
1943—Month—1942
Gross
Federal
its
Otis
amount
Taplins
*
for
Plate.
which
Earnings for August and
Pearson
Tolley,
director
a
to
June
on
11,
last,
Chancellor
fill
of
the
of
Syracuse
University, has
the board caused by the
vacancy on
Huntington
B.
Crouse
4
of
Syracuse, N. vY.
Dr. Tolley is President of the
Association of American
Colleges and
is also a member of the
advisory council to the War Manpower Com¬
mission of the Federal Government.!—V.'
-158, p. 1175.
v
Niagara
Hudson
Power
Corp.—Benefits
of
Merger Outlined—
benefits
be
to
tem's constituent
Service
derived
companies
Commission,
its favor
follow:
Proposed
Sept.
400,000
2,000,000
2,000,000
$5.33
$6.11
•
,
$30,815,196; marketable securi¬
ties, $14,712,823; employees' U. S. war savings bonds
payroll allotment
fund, $373,302; U. S. war Savings bonds purchased for sale to em¬
ployees, $703,725/ accounts receivable, $15,621,953; excess of
expendi¬
tures on shipbuilding contracts and estimated
profits- recorded thereon
from
the
proposed
outlined
were
16.
Some
of
consolidation
before
the
of sys¬
New York Public
the
principal
arguments 'In
.
Savings to Gas and Electric Customers
Savings to
since
1929,
amounted
Public
*
/
and electric customers of the
Niagara Hudson System
the System's constituent
companies were merged,
almost $100,000,000,
according to testimony given at the
gas
when
to
Service
Commission hearing,
Sept. 16, on the plan to consoli¬
System companies into one operating
unit, as part of its
reorganization plan.
The witness, John T. Kimball,
Niagara Hudson's
rate engineer, based his estimate on
the rates in effect in
date
the
the
1929
increased
ended with
consumption
the close of
of
gas
and
electricity
over
the
1942.
and
period
He stated
that a new and
still
more
liberal plan for rural line
extensions will become effective
Sept. 24, for the purpose of
completing
the job of rural electricification.
Eighty per cent of the farms in the
He
testified
Niagara
that
Hudson's
and
the
are
use
of
territory
a
revenue
electrified at the present time.
alone has increased 100%* in
1929, and that because of this in¬
electricity
since
lowering
of rates for all classes of service, the
kilowatt-hour for residence customers had been
per
approximately 5.05
cents
in
1929
to
3.36
cents
in 1942,
same period.
simplification
of rate schedules.
There were 340 different electric rates
applicable
to customers before the various
companies now constituting the System
were brought
together, and today there is an aggregate of only 36, of
which 21 are in the System's western
division, nine in the central
division, and six in the eastern division.
for
farm
from
users
7.42
operation,
he
Charts
introduced
in
rose
between
1929
and
cents
said,
evidence
1942
to
also
from
3.26
has
cents
during the
brought
showed
that
about
a
residential
about 300,000,000 kwh.
consumption
a
year
to ap¬
proximately 670,000,000; electricity sold to farms from 11,000,000 to
84,000,000, and commercial and industrial consumption from about
4,300,000,000
Dec.
hand,
the
which
System
;
deducting post-war refund of $1,249,000.
in
to
&
judgment."-
our
use
1,000,000
share—
justify
Co.
be
the
the contract is
from
dividends378,375
Commis¬
to
non-competitive
will
amount
creased
surplus—
Commerce
Nickel
of
paying Otis &
commission
"The
average
reduced
——.1——
':a :
Interstate
the
Cleveland would receive
a
commission of
sale of the stock.
Mr. Eaton is a
the finance committee of the C. &
O.
"We are informed that
Cyrus Eaton is the owner of 7.4% of the
capital stock of Otis & Co., which can
hardly be said to be substantial
interest," Mr. Lohmeyer has written Mr. Boles. "Mr. Eaton is
neither
a
director or officer of Otis &
Co.; The Nickel Plate negotiated and
made its contract
directly with the Taplin interests.
Otis & Co. rep¬
resented
the
Taplin interests in procuring the Nickel Plate as a
prospective purchaser.
While we are informed that the
Taplins con¬
$49,900
482,000
$4,284,940
Crl,356,231
charges——
the
Plate
Otis
Co.
of
asked
relationships of Cyrus Eaton
the
to
&
- /•
had
director and member of
5,935,000
contingencies——
Assets—Cash
Ohio
555,000
dividends
per
&
and
*11,239,000
tax__
income
Lohmeyer,
Director
System's territory, he said,
income
State. income
Special
1941
^.$180,723,280 $94,278,906
163,373,909
79,360,121
and
excess
of
East Coast
At
National
V
■
income
Reserve
.
$220,000;
fixed
of
of
the
Erie
the
an
a'substantial majority of the employees elected to have
for purposes of collective bargaining.
;.;,■/:/•'/;■••
,
.
.
Bureau
The
The Association
F.
Assistant
Plate
been
parent
an
H.
with
''.'''//■//■.:■■
peake
awards
vessels.
of 50,000 shares of com¬
Ry. from the Frank Taplin
spirit as well as the letter of
Treasurer of the Nickel Plate,
Wheeling & Lake
compliance
Act,"
■
Boles,
"in
cost
a
weekly earnings of the employees of the company for the
to
E.
purchase
43%
was
was
the
"full
Clayton
sion's
the
the
in
profit and loss
design
such
employees of
is
cess
delivered the battleship "Indiana," the
than
proposed purchase by the Nickel Plate
stock- of
mon
renegotiated.
Net profit for
"Indiana"
lower
number
of
wages,
contingencies, $1,160,323;
and
Commission's
Federal, income rtax
investment, in Do¬
profits
accrued-
contracts not
on
A
estimated
1942,
income taxes.
etc., $107,payable,
July 15, 1943, $175,500; reserve for depreciation of buildings, machin¬
ery and equipment, $5,629,709; capital stock
(175,500 shares, no pari,
$5,092,500;
surpluses,
$4,797,025; ■ deferred surplus, $220,000; .total,
$18,117,104.—V. 158, p. 1174/
'
'
...
717;
of
representative
Other
$2.64
bonds, $5,095,976; accounts receivable, $1,378,786;
materials, supplies, work in process and finished
refundable
1943.
year
refunds
351,000
Y:
$6.05
tLess adjustment of reserve for Ontario
on
of
Net. .profit
$6.74
which
a
>*/
$463,460
;
Balance
Assets—Cash
of
Board
Gross
t s
"Including provisional taxes
stock,
//
/318.853
175,000
$1,061,844
351,000
-u._—
the
for
$1,878,378
750,000
$1,182,689
,
that
dollars
rose
building Co.,
no
13,561
578,016
/.
614,250
-,.v
share .of
stock
week
bf 98,852,000
15 tank landing ships, and performed a sub¬
ship repair and conversion work.
A special Senate
$1. 864,817
1,954
£ 1,140,559
contracts,
renegotia¬
certain amendments.
,
$3,530,419.
its
June 1, 1943, the existing
agreement betwen the company and
Peninsula
Shipbuilders'
Association,
the
collective
bargaining
agency for the company's employees, was extended for one
3,675
$818,973
—
—
per
the
12,516,363
above
of
On
10,819
V
1942
Federal
Dividends ;•
1941
,
1942,
income
with
number
amortization
•Prqy;
■
31,
for
substantial
Alliance
3,735
v.;
a
/Net
854,731
of
determinations
of
reported
Maritime
increase
1940
Prov.-
Prov.?.ffor
that
1945/Y/
year
$1, 957,045
$3,528,465
common
the;
28,933
.
equivalent, after
The
costs of other
battleships of
saving of millions of man-hours.
Completion
the company's
existing contracts and awards would require operation
its
shipyard
at
the
present
level
of
production
through the
Cost
Profit
Dec.
year the company
and
The: average
:
83,940
$4,750,622
69,762
,
in
made
the
<
?
i
is
outstanding
1941.
year 1942 by about 50% to 29,408, and the
employees of the sub¬
sidiary, numbered 18,611 at the close of that year.
After reaching a
peak in the early part of 1943 the number of
employees of both com¬
panies has decreased from those levels in
part because of the increas¬
ing difficulty of replacing employees
entering the armed services.
to
1941
29,484
$3,327,567
from
of
reserve, and an additional refund of
which
will
not
be
reflected
in
the
accrue
been
costs
million
class
The
k
Profit
a
"Essex,"
for
C,
deemed
was
$3,645,073
7,521.
15,500
the
in
The
subsidiary,; North Carolina Shipbuilding Co., delivered 51 "Lib¬
erty" ships during 1942/ During the current year this
subsidiary com¬
pleted its "Liberty" ship program and is now
constructing ships of
Ltd."?? See Vv 158,
83,940
10,762
profit
on
share
per
$2,761,800
profits
of
the
'
>
$4,871,567.
share
per
in
also
to
of
Provision
year
Ltd.—Earnings-
$3,425,821
fees.
Income
of
has
carrier
of
will
above
'
»
National Steel Car Corp.,
This
reserve.
$6.11
company states
renegotiation of certain
volume
of
Timely
bonds,
offer
'
Power
'
Years End. June 30—
Open
basis
committee
was
Light Co.—Correction-
heading'^National Light &
1174.
p.
„
&
476.
p.
year
parent
stantial
Thai part of the item appearing under this
heading in last week's
"Chronicle," referring to tenders being sought, should have been
given
.under
'
Power
157,
the
segregated
such
During the
excess
Trustee, 20 King St. East, Toronto "1,
Sept. 20, 1943 offered to receive bids
on
include accrued interest.—V.
National
over
for
reserve
convertible
contends.
greater than that of the
preceding year.
2.6% of the year's gross income.
$186,486,
was
revenue
"
.
the
this
'
to
in
profits
until
several
Section .722
Trust
until
of
fended—
the
the
been
$7,404,600
tion.
National Light & Power Co., Ltd.—Tenders—
Ont.,
the
to
refunds
/:-•
the company's production for the
year 1942
$163,373,909 was more than twice as great as
that for 1941, the net
operating profit increased only about $2,517,000,
or
17ff, because of the reduction in profits as a result of
1942
>
income,
30,
but no effect has been given
/ calculations.—V. 158, p. 988.
for
$126,916;
489.
2452.
p.
Although the volume of
$1.09
made,
-
surplus,
p.
accepted subject to the preparation and acceptancoi?of a
agreement, involve a net refund of $31,098,916 of
profits estimated to have accrued to Dec.
31, 1942, which
excessive
reserve
of
Y
$361,625
.
Federal
June
quarter
rates * current
relief
for
1175.
taxes,
settlement
excessive
share.
a
income,
$224,760; capital
$1,685,448.—V. 158,
profits
during 1942.
have
on
——r—:
months
excess
ac¬
April 15, July 10
157,
$5.33
to
,
aircraft
three
and
$1),
total,
with
of
final
on
1941.
profits taxes.
For
income
payable,.$61,384;
1942, issuance of which has been
renegotiation, shows a net profit of $4,641,171
$13,428,000 for taxes and after a provision of
of
report of
excessive profits
record
and-
15,
1943
| Earnings per share.—
•
accounts
net profit for
company's non-consolidated subsidiary, North
Shipbuilding Co., amounted to $1,301,360 after renegotiation
of contracts
completed in that year.
This profit is equivalent, after
taxes thereon at current rates as a
dividend, to $1.52 per share of
parent company common stock.
However, no dividends were paid by
the
on
580.
p.
——_.
common
(par
for
contract
compared
,as
amount
June 30—
Net. profit
Outstanding
Federal
each.—V.
profits accrued
EnSed
1913
Carolina
*
•
(And Wholly-Owned Subsidiaries)
6 Mos.
stock
The
of
payable Nov.
25
cents
9, $1
annual
stock
National Container Corp.—Earnings—
;
Sheet, June 30,
payable,'.$611,833;
$171,365;
by
the
dividend
a
1943, .and R. T. Greene of New York.—V.
r
$0.50
and
preferred
Louisville, Ky., and Bentley Young of Dallas, Tex.,
directors, succeeding P. B. Heintz, who died July 28,
elected
$3,689,869;
provision
not
renegotiated, $7,404,610;
compensation claims, $215,618; excess of bill¬
shipbuilding contracts
on
$31,098,916;
contracts
on
preferred stock (80,000 shares, no par),
$8,000,000;
common stock
(par $1), $3,500,000; earned surplus,
$10,321,259; treas¬
ury stock (6,700 shares of $5
cumulative convertible
preferred stock
acquired during 1942, at cost),
Dr$681,651; total, $115,985,859.—V. 158,
$111,387
of
reserve
100,000
5,746,660
Johnson, of
been
contracts,
profits
workmen's
187,416
$0.47
$1,000,000 to the contingency
/
,
value,
par
New Directors—
have
703
250,158
$107,013
468,860
/
5,791,946
;
declared
50
(less
after
272,115
■
stock.-
no
and
700
hand
on
delayed
$6,055,309
-
compares
1942,
1^707
share
common
Oct.
The
•
{Represented by 57,133 shares preferred stock and
common stock,
Oct.
Nov.
184,312
Newport News Shipbuilding & Dry Dock Co.—Annual
Report for 1942.
1,609;681
50-Cent Common Dividend—
) the
excessive
thereon,
C.
$12,917,829 $12,642,944
/_
have
$485,525
215,293
expenses—_
dividend of $1 per share has been declared on the
common stock,
Oct. 11 to holders of record Oct. 4.
A like amount was dis¬
bursed on April 15 and July
12, last, as against $2 on Jan. 8, 1943.
Payments in 1942 were as follows: Jan.
15, $2; and
_/_// $12,917,829 $12,642,944
directors
ings
112,551
1,609,681;
—
--
;
common
$587,005
—
—
surplus, $460,809;
1,048,733
■//:
,
tlncludefs notes.
The
7,510
payable
2,004,479
2,203.527
etc.^-—~
Total _—l——
.
$478,015
Naumkeag Steam Cotton Co.—$1 Distribution—
1942
1,605,840
——
$28,381;
$4,148,576
3,718,925
____
—
63,034 shares
$581,176
for
payable
renegotiated
for
New York
$3,822,249
2,593,970
-
________
'
'
*•
*■
•, -
t-—:
$6,055,308
._■_//_/
/_
326,211
taxes——______494,363
contingencies..^..-——-i
250,000
for
on
New England Gas & Electric
———
per
expenses
earned
30
•
/
tCapita.1 stock
S.
estimated
,
/
Sheet,
——
■■
U.
provision
For
1942
13,841
Liabilities:—Notes
;
63,034
Nil
$0.88'•.
••.
,.
_
Accounts payable'
'
Balance
-
Surplus
63,034
$0.73'
—
Total
Reserve
63,034
incentive additional compensation
the year 1942,
$816,611;
payable Feb. 1, 1943, on $5 cumulative convertible
preferred
$91,625; accrued taxes, $38,013,246; reserve for
possible prior
years' taxes, $882,125; profits on
completed contracts subject to refund
under
statutory profit limitations, $305,937; refund
stock,
New England Power
profit
crued
!■
■
rights and trade marks,
Reserve
78,791
receivable
______
>Vv; Liabilities—
:
399,924
63,033
—
Securities
;
$332,844
399,924
31,516
and
profits
A
:'i ")'*'■
Physical properties
Inventory
Patent
$455,611
342,792
for taxes and depreciation.
'r
'
to
in bank, $300,146; accounts
receivable,
$1,000), $373,958; inventories,
$482,664;
advance on purchases, $23,000; investments and other
assets, $15,320;
land, buildings and equipment, $385,910;
patents, $5,609; post-war re¬
fund of excess, profits
tax, $68,380; deferred charges, $30,461; total,
$1,685,448.
1940
$446,186
;
.
$2.12
y
1941
:
Balance
(& Subs.)—Earnings—
1943
Common
t Accounts
1942
5,829
—
Assets—Cash
National Casket Co., Inc.
Cash
in
1943
!
this
on
excess
dividend
p.
sold—
deductions
income taxes —•
Earnings
•
Years End. June 30—"
Assets*"1"***
977
/
other
Federal
Co.—Div.—
record
last.
regular quarterly'distributions of
*Nct
Shares
from
expense
customers
'•
decreased
"
cost of products
income
Interest
$100, payable Oct.
was
1943—36 Wk.s.—1942
$6,767,681 $63,229,980 $62,210,441
operation
Selling, general and administrative
'
par
in
6 Months Ended June 30—
.
dealing with miscellaneous properties' briefly describes
Buildings, shops and garages and servicing equipment —
dividend
A
stores
Sept. 10, 1943.—V. 158, p. 893.
Sundry
stock;
accrued
year
States Telephone
of
lative
distributed.
Mountain
amount
of
Net sales, less
Other income
158, p. 580."
i
thereto,
$27,394,771; expenditures, $1,839,342;
supplies, $6,077,186; estimated post-war
tax, $1,249,000; investments, $3,099,401; fixed
assets, $12,775,885; deferred
charges, $1,323,275: total, $115,985,859.
Liabilities—Accounts payable,
$8,564,740; employees' payroll allot- *•
ments for IT. S. war
savings bonds, $373,302; accrued
wages, $1,889,652;
refund
National Tool Co.—Earnings—
from
production
and
gas
1943—4 Wks.—1942
$6,627,772
—„„—
number
were
description
gas
...i
The
181,025 kva.
booklet provides an interesting
detailed
a
outstanding shares of
Co.—August Sales Down—
Period End. Sept. 11—
Sales
total
there
period
59,487
shares of
billings applicable
inventory of materials
,
section
Power
V.
the
development of
the
have
now
the
the
171,740
the 499,113 shares of
stock outstanding have agreed to
accept the offer.
Proctor, President of National Refining Co., has also mailed
R.
National Tea
aggregate capacity of
an
properties,
gas
Then
facilities,
,
with
of
review
date.
to
which
of
of
letter to stockholders in which he
says the company's board of direc¬
is making no recommendation either for or
against acceptance
the offer made by Otis & Co.—V.
158, p. 1174.
'„v--i
'*•
*•
*• '\
4,:>'
\ K'.
M*"
'$■ 1
Distribution
630,725
shares
and
tors
System, made necessary by the
growth in number of customers served, involved an outlay running into
many millions of dollars.
Technical details are set out in the booklet
'
9,009
stock
of
customers.an unin¬
of accident.
>
event
of
a
in
miles.
the company's
energy
electrical
the
facilities, was
miles to
generating
system
development of
Montreal area
terrupted
u
of
transmission
holders
preferred
common
hp.-■-In the- aggregate the company made available an additional
755,000 hp. to meet the requirement of the territory it serves.
•
the
prior
1281
over
of
Cleveland, Ohio, in a letter to stockholders of the
Refining Co. offers to buy their shares at $100 per share",
for the $6 prior preferred
stock, $158.67 a share for the
preferred
properties and miscellaneous properties:
Between 1925
primary power output increased from 1.1
gas
1943
Co.
&
National
.
-
•
THE COMMERCIAL & FINANCIAL CHRONICLE
additions, expansions and improvement. iThis survey,: says John ,S./.
Norris, President/in the foreword, reveals in a broad way the manner
which the company anticipated and. met the growing demand for
electricity and gas since 1925.
■■■■*■> '
'
Divided into three main 'sections,
the booklet deals .with electrical
•'
<
'"•:
-
"Vr.
>»r *■
Mr.
the
to
Kimball
about
7,800,000,000.
attributed
construction
of
tbe
about
great
increase
in
9,000 miles of rural
farm
lines
electrification
introduction
line
plans to farmers anywhere in the United States."
gains in the sale of electricity, he said, have been scored
what
he
described
as
"one
of
the
lowest cost
extension
These
the
of
to
during that period
and, the
face
of
adverse
business
conditions
during
a
considerable
part
in
of
<-
\ri':
•:
,;L Saving
The
reports
1,768
'<■$/,
Accounting Costs
on
into
Sept. 16, in continuing his testimony at the hearing
before the P. S. Commission.
Mr. Brett said that the creation of new Government agencies since
1930, and the demand for additional reports from those that were in
existence at that time, had greatly increased accounting costs.
The
proposed consolidation, he added, by reducing the number of reports
required, will effect an important saving in those costs. .t.iC;-';",-;-;
stated
ration,
-
these companies
the corpo¬
George J. Brett, Controller of
single operating unit,
a
constituent
and State agen¬
which the Niagara Hudson System's
companies are required to make each year to Federal
cies will be reduced by over 1,000, by consolidating
.
'
'
Operating Efficiency and Financial
■,
Strength
Machold, President of the corporation,
Earle J.
testifying before the
Commission, said the-consolidation of the Niagara Hudson Sys¬
companies will result in the formation of an operating company
second to none in the United States, in the character of service, operat¬
P.
S.
tem
He described the proposed con¬
strength.
ing efficiency and financial
solidation as "definitely in
installments
the public interest and definitely in the
interests of security holders of the companies involved."
Mr.
Machold
introduced his testimony with a general statement
regarding
the
the
Niagara
Hudson
because of an order of the SEC under the so-called
"death sentence"
provisions of the Public Utility Holding Company
Act.
In addition, he said, The Federal Power Commission has issued
an
order
requiring the Niagara Falls Power Co., a subsidiary, to
write down its book values. by about $15,500,000, which, if upheld by
the?.courts, will more than wipe out the surplus, of that company and
its parent company, Buffalo, Niagara & Eastern Power Corp.
o As
a result of the order,
the latter company suspended dividend
payments in 1942 and Niagara Hudson Power Corp. rflso was subse¬
quently required to suspend the payment of dividends because of the
qrder and the raising of other questions in the SEC proceedings.
Approximately $130,000,000 of preferred stocks of the two companies
are
in the hands of the public.
Accrued and unpaid dividends on
Niagara
Hudson preferred stocks on Nov. 1 will amount to about
$3<Q00,000, and on Buffalo, Niagara & Eastern preferred stocks to
about $6,600,000.
A return is now being earned for stockholders, he
continued, and the endeavor of the management is to remove the
impediments which stand in the way of the payment of accrued divi¬
dends and distribution of future earnings to the owners of the com¬
panies.
There are about 115,000 stockholders in the Niagara Hudson
System companies, approximately 70,000 of whom are residents of
New York State.
•
;
Mr. Machold said that the benefits which have accrued to the public
disintegration
physical integration of the System will be preserved and in¬
creased
by
the proposed consolidation.;
He cited as' among the
benefits achieved since formation of the Niagara Hudson System, in
saving of $100,000,000 to consumers from rate reductions and
the furnishing of an adequate uniformly dependable service throughout
.' ; "/Lv V.LL-.1 v':.;V
of the reorganization plan, he
Approval
:
1
stated, will accomplish the
following purposes:
It will eliminate the present threat of disintegra¬
tion of the System and the consequent loss of advantages to the gen¬
which have resulted from integration.
It will assure to
stockholders payment of dividend arrearages and permit of the pay¬
ment of regular dividends in the future.
Through economies resulting
from refunding the System's debts and eliminating separately operated
companies, it will enable the consolidated company to meet the future
expanding demands for electricity and to finance the cost thereof, and,
when present excessive costs and taxes are reduced in the post-war
eral
the
'
1
public
to consider further reductions of rates.
It will do away with
holding companies and
result in the location of the executive
as well as'all operating offices, within its territory. L.',.LL.:v
Mr. Machold testified that;-since'- Niagara Hudson was organized in
3%% series due 1954, which will be retired at 102'A%
and 102%, respectively, plus accrued interest to Oct. 19 in each case.
E.
L.
Shea,
President, explained the company would
effect an
annual Interest saving of $534,495.
He also said it is the intention
of the board of directors to continue the present dividend policy and
$14,750,000
to
apply available cash income toward the reduction of the bank loan.
The
debentures have been
called for redemption at the Central
Bank
Hanover
the
of
advance
trustee, 70 Broadway, New York, N. Y.
do so may present their debentures in
19 redemption date, and receive the full redemp¬
Co.,
Trust
&
wishing
holders
Debentures
Oct.
to
accrued interest to the redemption date.—V.
tion price plus
from
60
companies had been voluntarily reduced
to 20; that the present plan was, a further step in simplifying
System
of
Distribution—
North Texas Co.—20-Cent
directors
The
the
on
17 declared a dividend
Sept.
on
capital, stock,
payable Oct.
$10,
par
1
'
.
/
,
of 20 cents per share
to holders of record
Sept. 23.
A like amount was disbursed on April 1 and July 1, last,
as
against 25 cents on Jan. 2,
1943.
Payments in 1942 were as
follows: Jan. 2, April 1 and July 1, 15 cents each; and Oct. 1, 20
cents.,—V. 158,
Rural Sales
The
Up—
Public
York
New
'
•
Commission
Service
the
permitted
has
new
Niagara Hudson System
companies to become effective as of Sept. 24,
Earle J. Machold,
President, announced on Sept. 20.
The plan, designed to complete
the electrification of the system's rural areas, will enable all customers
whose farms meet the requirements of the War Production Board, to
obtain electric service by paying a minimum monthly charge of $2.
The announcement further went on to say, in part: "Rural electri¬
fication has made more rapid progress in New York during the past
13 years than in the entire previous history of the State, if the rate
of growth within the territory served by the Niagara Hudson System
may be
accepted as a criterion.
And well it may, for this area
contains 68,000 of the State's 153,000 farms listed in the 1940 census.
"To-illustrate the extent of this development, the Niagara Hudson
Power System has made public a set of comparative figures showing
the expansion of its farm business between 1929 and 1943; 1929 being
-selected
because
that
was
the year
when the separately operated
comnanies in the area were merged into a single coordinated system.
"These individual companies had fewer than 20,000 rural customers
in 1929,
as compared with the system's 51,000 last year.
Moreover,
the 1929 customers apparently used electric service for a very limited
; number
of purposes, for their total purchases were only 11,000,000
kilowatt hours, while last year the total was 84,000,000, an increase
rural
liberalized
line
extension
plan
the
of
a
p.
1175.
•
States Power Co.
Northern
,
| "Today the system has nearly 17.000 miles of rural lines, about half
158, p. 1175.
constructed during the past 10 years."—-V.
wrere
Niagara Share Corp. of Maryland—Calls
5Vz %. Debentures—
'■%.V'Y. 7 v\ Y;:
$1,900,000 of
,There have been called for redemption as of Nov. 1, 1943, a total
$1,900,000 of 20-year 5!/2% convertible gold debentures at 102 and
Payment will be made at The Marine Midland Trust Co. of
interest.
at the offices
Lee; Higginson Corp. in Boston and Chicago.—V. 158, p. 1175.
New., York,
The
Marine
Trust
of
Co.
Buffalo,
or
of
-
*
Sl^l'A
dividend of
17 declared a quarterly
Sept.
,■
share on the 7% cumul. preferred stock and a dividend of $1.12&
per share on the 6%
cumul. preferred stock, both payable Oct. 20 to
holders of record Sept. 30.
Like amounts were paid on April 20 and
July 20,
of
preferred
Payments of 87 V2 cents per share on the 7%
cents on the 6% preferred stock were made on
last.
75
Jan. 20,
Arrearages after payment
1943.
i, 1943,
of
No.
coupon
that all
is
Oct.
due
4,
1,
1943,
at
payable
office
Central
988.
of
York, N. Y.—V. 158, p.
CoM New
stamped
with a legend to indicate
paid.
Hanover Bank and Trust
heretofore postponed has been
interest
Interest
on
of $34,-
North American Co.—SEC Approves Issuance
PA
NY
a
notes
to
on
Chase
Bank.
National
York,
New
and
nine
other banks
and
pledge by the North American Co. to secure said indebtedness
of 628,000 shares of Union Electric Co. of Mo. common stock, 418,500
shares of Cleveland Electric
Illuminating Co. common stock, 540,500
shares of Wisconsin Electric Power Co. common stock, 12,800 shares
the
of
Washington
shares
the
of
3»/«%
loan
be
will
Electric
used
to
Co.
common
common
stock,
stock.
proceeds
company's outstanding
$19,400,000
1949, and $14,750,000 of 3%%
loan
notes will bear interest at the rate of 2%
in
quarterly
per annum
installments aggregating $1,500,000 each
quarter during the first four years and $2,720,375 each quarter
the
fifth
The
series
and
A,
during
year.
loans
B,
will
C,
D
be
represented
and
E.
Denis J. Driscoll and
by
five
series
of
bank
which will represent 31%, 21%,
14%, respectively, of the total loan.
loan
notes,
17%, 17%
to
profits
reserve
559,831
•/'V-
25,828
(est.)
profits tax
excess
567,740
taxes—'—
income
Federal
value
•941,■'789
892,619
100,000
500,000
$1,540,081
153,020
$1,816,730
-LLL
9,596,888
8,827,399
tax (est.)
for contingencies
tNet profit for year.._Y
)„
Adjustment of Federal taxes for prior years
surplus at beginning of year
.
Earned
$11,289,989 $10,644,130
Cash
dividends
declared
on
preferred
Cash
dividends
declared
on
common
Earned
*
95,216
stockstock-
per
After
952,026
of year————L— $10,242,747
share——.
$3.04
common
post-war
$68,000.
fSee
$9,596,888
$3.61
refund
and
$36,643,
of
below.
note
95,216
;
952,026
surplus at end
Earnings
.%'•
v
-
retirement
/'V
debt
of
credit
Y
(1)—Renegotiation:. Pursuant to the provisions of the Sixth
Supplemental National Defense Appropriation Act of 1942 the com¬
panies have renegotiated and reached an agreement as to their profits
on war contracts to June 30,
1943, with a Price Adjustment Board for
the U. S. Government.
This agreement provides for a refund to the
Government of $190,000, applicable to the fiscal year ending June 30,
1943; provision therefor has been made in the accompanying financial
statements.
The agreement is subject to the approval of governmental
authorities at Washington, D, C~
Provision
for
depreciation
machinery and equip¬
during the years ended
in 1942.
buildings,
of
and amortization of emergency facilities,
June 30,
$647,843 In 1943 and $524,705
amounted to
Comparative Consolidated Balance Sheet, June 30
''''Yl.'-LY'.
Assets—1'
U.
S.
—
L-L
:
Notes and accounts receivable:
•',tTrade'LL~A-Lw-~~~L—L——L-YL-----1
$Sundry«
Expense
*3,354,229
! 52,308
4,066,264
3,987,040
20,448
~
Inventories
4,714,578
—LL~-'~Li-—L*
advances to
Investments in
and
of
emphl—
of
accounts
;rA dividend of 50 cents per share has been declared on the common
no
par
value, payable Oct. 11 to holders of r,ecord Oct. 1.
payments were made on Feb. 20 and June 21. last, while in
1942
distributions
were
made
as
follows: Feb. 20, 25 cents; and
Similar
Dec.
in
Invests,
SSundry
Cash
stocks
Inc.
foreign subsidiary
stks.
and
long-term
receiv.
69,744
94,768
of
officer
236,839
232,364
of
of
insur.
life
on
36,643
(est.)
profits tax
excess
work
in
progress
580,863
24,406
44,807
1
250,320
,
amortizationt
—LL-
and
expenses
—
deferred
Total
charges
:
Accounts
trade
payable,
Accrued
taxes.
$297,694
—.'.,lL—LL;.——L—L—~:
other exps.
205,647
$24,939
T
1943
Assets—Cash,
$294,907;
accounts receivable,
$82,956; installment
receivable, $274,565; war product facilities to be recharged,
and accounts receivable restricted
for costs on war contracts securing Regulation V Loan, $141,352; cash
value of life insurance, $6,935; plant and properties (less reserves for
depreciation), $305,088; other assets and deferred charges, $139,091;
total,
$825,023;
inventories,
4%
stock
Earned
(no
cash
payable,
payable
notes
$87,969;
to
banks
installment notes receivable In amount of $79,483), $62,099; notes payable to bank, Regulation V Loan, $400,000;
chattel mortgages payable on machinery purchases, $6,438;
advance
by
pledged
payments on war contracts, $146,525; accrued taxes, wages, salaries
and commissions, $110,712; estimated accrued
1942 and 1943 Federal
income taxes, $121,849; reserve for possible losses on future repossessions,
P-
other reserves, $30,993; $6 cumulative preferred stock (13,909
$993,500; common stock (29,003 shares outstanding
value), $29,004; surplus, $4,561; total, $2,078,517.—V. 156,
par
258.
..
.
I
Paymaster Consolidated Mines.,
Bullion
produced
52,538
—
ILess
%
reserves
§Less
$65,147 in- 1943
If Less
reserve
$1,780,593
23,533
$1,665,847
23,906
$1,906,987
47,704
$1,804,126
64,965
$1,689,754
42,764
115,920
182,962
210,891
—~
j
129,747
584,059
120,920
718,439
15,987
214,085
18,397
17,540
224,098
140,428
166,708
Prov.
for
depreciation—
231,836
263,627
143,416
259,673
133,510
255,984
Prov.
for
income taxes~
54,887
45,344
44,081
69,071
$44,440
$121,402
$125,657
the
standing
172,582
172,582
Assets—Cash,
$357,774;
Sheet
bullion
June
on
30,
hand
and
in
transit,
$48,333;
in
marketable
securities, $1,059,033; accounts receivable,
$2,329; due from employees re victory loan purchases, $9,551; inventory
of supplies,
$77,241; prepaid items, $2,971; investment in associated
companies,
$134,393;
mining properties, $2,487,994; buildings, plant
equipment
(deduct
total, $4,303,587.
and
stock
share
since
reserved
are
New
,
; 23,804
conversion
for
preferred stock.
1930.
and
of
shares
the
4%
against
delivery
scrip
and
common
1929
unissued
of
out¬
common
convertible
cumulative
.....
,
Secretary—
;
,
A,. W. Brown, Traffic Manager, has been named Secretary in addi¬
tion
p.
to
other
his
1748.
Peabody Coal Co.
and
Profit.
Other
April 30—
(& Subs.)
late
R.
H.
Ohea.—V.
157,
:\
.
$3,717,043
36,838,216
1,419,928
$2,655,216
$2,297,115
—L
..wV-.L~.L~—
sales of coal-
on
1943
$39,493,432
—w—
O
•
—
expenses
-Earnings-
———~
r,
coal
sales of
Cost
the
,
Years Ended
Net
succeedintr
duties,
1942
386,038
operating revenue..
—
Li.
Excess
and
tax
for
Proportion
474,899
377.232
w_~_~
560~000
807,430
and adjustments
surtax—
tax—
:_LL~—
contingencies
profit
Provision
$2,297,115
—
.LL—...
Special property losses
Normal
$3,041,254
operations
41,691
40,000
1~50,000
a-
—
interest
net profit applicable to minority
capital stock of subsidiaries——.—
on
reserve
for
in
Consolidated
Consolidated
Assets—Cash
banks
in
Balance
and
on
55,758
Cr7,001
$1,910,597
net profit,—l—
$927,763
Shcetf April 30, 1943
hand,
$2,287,313;
U. S.
Government
$2,429,487; receivables, $3,305,020; Inventories,
investments, advances, etc., $283,301; property, plant and
securities,
$26,088,686;
$36,460,664.
prepaid
Liabilities—Note
dated
subsidiary,
expenses
and
deferred
of
The
Black
payable
$120,000;
-
current
charges,
Mountain
installments
of
$1,725,928;
equipment,
$340,929;
Corp.,
a
total,
consoli¬
long-term
loan
payable, $228,000; accounts payable, $2,196,192; accrued payroll, $493,722; accrued interest on long-term indebtedness; $51,024; accrued taxes
1943
investment
and
•' -
;;
1943
in
-CV,
trustee who held the stock for
stock dividends warrants
by
year
fractional
$138,360
oper.
$890,000
ttRepresented by 476,062 shares of stock issued. The issued common
includes
49
shares which were transferred
to
the company
186,402
Dividends paid
••
of
series,
tax
stock
17,346
221,483
from
notes,
Treasury
1942,v
548,125
13,881
561,571
Profit
1943 and $5,828,319
in
:/''%(■ •, :-■%)%: <7*
S.
U.
$300,000 in
9,993
transportation—~
Milling —:
)
General charges
Ore
in 1942.
of $6,436,562
,
in 1942.'-'fiv;:'^^'''u;-i''
and $12,000
1943
288,196
.,405,371
drilling
cross-cutting—
Sinking and stationsMining
agencies of the U..S,
and $76,911
depreciation
for
7itt'):1942%?£ftLess
in
of $6,070
Deductions
1940
1941
12,337
Total
&
Ltd.—Earnings-
$1,863,802
43,186
$1,352,834
—
9,596,887
/:
1942
1943
500,000
2,380,400
10,666,170
$26,726,872 $25,789,934
approximately, $285,000 due from
Profit from
Years End. June 30—
600,000
$100)
(par
tLess reserves of $274,249 in 1943 and $313,510 in 1942.
shares),
par
no
stk.
pfd.
par)
surplus.
♦Including
50,000
299,364
2,380.400
10,666,170
——
-
convertible
cumulative
UCommon
,
10,242,747
contingencies,
^Reserve for
$2,078,517.
Liabilities—Accounts
122,146
129,271
.
product guarantees,
during
notes
$8,601;
$812,049
208,114
23,804
1,131,000
insuranceLL~~i—— L 141,663
etc..
—
410,670
compensation
for
67,108
Sheet, June 19,
Balance
Consolidated
'
~
.
for
of
Condensed
1
231,902
$1,191,702
258,444
23,804
682,000
miscellaneous——
and
commissions, etc
preferred stock—
Federal taxes on Income
on
ttEstimated
$1,561,042
1,263,348
Selling, collection, shipping, admin., advert, and
Estimated accrued Federal income taxes
profit after Federal income taxes
60,409
,
$26,726,872 $25,789,934
—
wages,
Dividend
■
Net
53,386
,.
Government.
,
profit on sales
'
—
580,863
<
Liabilities-
Machine, Inc. (& Subs.)—Earnings—
■toefc sales LlLY*—~-Y-LLL-LuLw~-L-——^*
Cost of goods sold'—
Gross
—
,
——L-,
7,038,067
6,450,720
Buildings, machinery and equipment
—1_———————L—L
Prepaid
31,282
581,980
than
val.
(less
:
less
etc.,
securities,
Goodwill
87,281
;
581,980
owned
cos.
of
refund
50%
7,241,083
L
-
~
Total
24 Weeks Ended June 19, 1943
26,430
companies over 50%
Products,
surrender
Post-war
21, 50 cents.—V. 157, p, 2049.
Pantex Pressing
47,62!)
owned:
7,241,083
Wholly owned
92,033
Advances t'o wholly owned foreign subsidiary—
31,737
Fibreboard
Reserve
stock,
*"
$701,645
'
Reserve
Co.—50-Cent Common Dividend—
1942
1943
—$3,271,672
400,000
securities
Government
Other
Ontario Mfg.
debentures,
redeem
Provision
'Patents
trustees of Associated Gas & Electric Corp.,
Balance
mature
Approved-
and 342,000
The
for estimated
Construction
to agree
to the sale by the NY PA NJ Utilities Co., subsidiary to Connecticut
Light & Power Co., for $485,000 of NY PA NJ entire interest in Litch¬
field Electric Light & Power Co,
NY PA NJ in making the sale will
dispose of its holdings of 2,500 common shares of the Connecticut
company, these being the latter's total issue of common shares.
The
Connecticut P. U. Commission approved the sale on July 30 and the
SEC sanctioned it on Sept. 20.—V. 158, p. 582.
Willard L. Thorp,
1945.
The bank
will
Electric Co.
and
and
Gas
debentures, series due
series due
and
Railway
Pacific
of
Co.—Sale
Utilities
Federal Judge Vincent L. Leibell has authorized
Drift.
15 issued an order permitting
Sept.
NJ
Diamond
to become effective
declaration regarding the issue and sale of $34,881,500 of bank loan
The SEC
1,204,687
$3,769,181
Land
Other income
881,500 Bank Loan Notes—To Retire Debentures—
74,947
$2,564,494
801,360
excess
.
of
will be made on Oct.
122,948
$3,175,438
Cash ■L—LLl—__L~~
,
directors.on
The
no
the
geperal mortgage 5% convertible income bonds, due 2014, on surrender
Payment of interest of 2V2%
3,034,481
'
income
declared
(Del.)—Weekly Output— 'Y-
per
$84,866;
Norfolk Southern Railway—Interest—
Frov,
company
Stock—
ferred
(secured
of
$5,673,921
2,955,777
expenses—
losses and
income
Total
(2)
Accumulated Dividend on Both Issues of Pre¬
To Pay
."The
of which
Other
ment,
for the week ended Sept. 18, 1943,
totaled
as compared
with 37.442,000 kwh. for the
corresponding week last year, an increase of 7.5%.
,' "t,
output of this
40,235.000 kwh.,
Electric
-
great increase in use, according to Niagara Hudson officials,
w'a's due primarily to the adoption of one of the most liberal line
extension programs in the United States, and also to a lowering of
the rates to farm customers.
administrative
charges
and
$5,452,804
L————------i-- ■
—_
$2,374,078
Miscellaneous
President of General Foods Corp., has been elected
to succeed the late Grenville Kane,—V. 158, p. 989.
director
or 063%.
.
profit
general
Selling,
Clarence Francis,
corporate
'
goods sold
Gross
Northern1 Pacific Ry>—New Director—
,
structure, as it would reduce the-20 existing corpora¬
tions to a single operating company and a separate company to hold
undeveloped water rights and other assets.
The simplification of the
corporate structure had heretofore been accomplished with the aid
and approval
of the Public Service Commission, he said.
the
of
LLLLL~-~—LL% $23,062,554 $17,975,674
17,609,751 12,301,753
Notes
of the July 20 dividends amounted to
$5.683/4 per share on the 7% preferred and to $4.87,/2 per share on
the 6% preferred stock.,—V. 158, p. 1175.
,
'
number
Cost
1942'
1943
"
allowances,
and
returns
freight,
etc.
discounts,
158, p. 989.
and
the
less
Sales,
.
all
1929
(Including wholly owned subsidiaries)
Years ended June 30—■'
Federal
period,
offices
4',: YYYY
Y (The) Paraffine Cos., Inc.—Annual Statement—
17
Sept.
on
Liabilities—Wages payable, $21,670; accounts payable and accrued,;;
items, $39,699; reserve for dominion and provincial taxes (deduct
prepayments on account of 1943 income and excess profits taxes,
$21,977), $35,498; capital stock (par $4), $4,514,033; deficit, $307,313;
total, $4,303,587.—V. 156, p. 1332.
;Yl.YYY Y
Federal
.
announced that all the company's out¬
standing debentures, aggregating $34,150,000, will be retired on Oct. 19.
The
debentures consist
of $19,400,000 3%%
series due 1949 and
a
its territory.-
prepaid.
directors
The
from
1929,
of
filing
the
be
to
To Retire Debentures—
leading up to the present proceedings.
He
System is faced with the threat of
situation
that
said
stated
zation
with
filed an application for approval
American also
industrial sales to a low of 2,900,000,000
;
present declaration,).' North
of a plan of reorgani¬
designed to effect compliance with the provisions
of Section 11
(b).
The proposed plan provides, among other things,
that upon .its becoming effective an initial period of 60 days will be
fixed
within which common stockholders of North American may
withdraw underlying securities upon surrender of their common stock
and payment of their proportionate amount of
the cost of retiring
the North American
senior securities.
The plan then provides for
the creation of four regional holding companies to which North Amer¬
ican will transfer its remaining holdings of securities in Union Electric,
Washington Railway, Wisconsin Electric, Cleveland Electric and Pacific
Gas,
Thereupon the regional companies will assume the outstanding
unpaid principal portion of the notes and North American's obligations
thereon will terminate.
However, the proposed issuance of the notes
by North American is not dependent upon the consummation of the
plan and the company requests that the note transaction be con¬
sidered separate and independent of the proposed plan.
North American or the regional companies will have the right to
prepay the notes without premium unless such prepayment is effected
through other borrowings, in which event a premium is required in
an
amount which will result In a yield basis to the banks of V/2','0
from the date of prepayment to the respective payment dates of the
Concurrently
as'an example the falling off in commercial and
kwh. in 1932, this total being
only 37% of the System's present commercial and industrial load.
He cited
the period.
Monaay, aeptemoer zj\ iy<ki
^rLKUl\lV^l,U,
DUN/AlN^l/Al;
01
IrtHi
1282
depreciation, $1,634,433), $123,967;
other
than
Federal
income
current and prior years,
taxes,
$471,007;
Federal
income
taxes
for
$1,191,207; long-term indebtedness, $8,917,600;
minority interest in subsidiary companies, $1,239,915; cumulative pre¬
ferred stock (par $100), $13,547,100; class A com. stock (par $1,000)
$119,025; class B common stock (par $5), $3,084,090; paid-in surplus'
^
""M08;
p. 775.
_
earned
•
surplus,
$1,840,675;
total,
15s!
$36,460,664.—V.
-
"
i':f'.''V
:
Volume
.*,
Vy
v ':
:.
•
v
'J*
.
'•./V
Peck Stow & Wilcox Co.—Earnings1942
1941
$682,973
$360,899
53,976
54,876
405,742
60,000
,.$123,255
$97,578
-
board
new
of
dowcroft.
Net
income
L-_L-L.-_Ly-
Dividends paid
Under
Surplus
r
$99,126
_____—
-7
.
Condensed
Balance
June
Sheet,
.
Sept. 13
Assets—Cash
(less
for
reserve
possible
$630,000;
notes,
pation
and
hand
on
1943
30,
a
of
U, S. Treasury tax antici¬
materials, supplies, work in
raw
Liabilities—Notes
directors
out
its
will
proposal
is
invite
with
dividend
•A
of
cents
15
value,
par
elected
Dr.
in
became
December.
nominations and
the
H,
A.
■■
■
effective
The
present
committee
stockholders
is
submit
158, p. 1177.
Mea-
7-■' .7\7
\y;
which
in
and
of
expenses
revenues —
auxiliary operations)
\ '
'
Net
7,289,028
$2,392,582
$1,913,890 $18,073,472 $10,741,234
—
revenue
,
$7,968,536 $66,175,297 $50,766,160
6,054,646
48,101,824'
40,024,925
$2,511,152
revenue
"Includes
The
i
Week
electric
ended
output
Sept.
kwh;,
158, p. 1177.
—V.
for
the
1943,
18,
of 7,985,000
and
company
amounted
its
subsidiaries
119,350,000 kwh.,
to
10-year 5%
15,416,111
Al'&-
$550,626
$569,451
$3,383,893
for
-
$4,316,684
the
company
Oct.
18,
Sept.
on
announced -that
18
1943, at 102 and interest,
outstanding of its convertible
Payment will be made at the
Beaver St., New York, N. Y.
Holders
,
of
full-paid,
such
debentures,
non-assessable
stock
converted
for
at
Officials
each
the
principal
stock
15,
of
have
stock
principal
•
of
Sept.
these
the
at
-
had
amount
158,
redeem
due Jan. 1, 1951.
Co., trustee, 45
option
the
Oct.
so
of
were
issued
the
January,
common
RR.,
'■
of goods sold and
'selling,
general7 and
70,729,309
953.2287; ,952,651
$3,681,146
(net).
«Br26,036
53,840,185
Fed,
Br79,224
$1,291,044
7 39,949
$1,330,993
$1,345,308
268,258
217,729
229,394
taxes
1,770,000
11,150,000
302,500
for post-war exps.
400,000
200,000
•
inc.
which
materials,
to
railroads
will
have
shipments
handle
Wallace
follows:
as
1,450
Ala.
been
$810,764
$900,914
686,530
796,375
878,758
of
the
Bessemer
of
winter
the Southern
for
cars
800 cars
1,000
plant
for the
for
cars
4,600
Ry. from the
which
will
Bessemer and
Louisville
the
be
coal
$484,086
,
'♦Earnings per share..—
"On
$353,552
$1.41
7
$14,389
$1.89
$1.47
$1.64
;
549,225 shares of
Note—No
provision is made for
excess
$In-
com¬
1946.
receivable
counts
in
letter
a
to
the
Lake
Erie
to
York
of
15,
N.
favorable
shares
such
on
ceivable
(less
for
reserve
bad
debts
ac¬
of
$6,553), $570,132; prepaid
expenses, $423,329;
fixed plant, $11,615,140; movable plant, $470,080;
trade
memberships, miscellaneous investments, etc., $93,461; miscel¬
laneous
marks,
assets,
trade
$83,084;
earlv
and
charge, $144,667;-goodwill, trade¬
hydraulic rights, $1; total, $47,834,370.
payable, $14,358,000; accounts payable and accrued
liabilities, $2,489,409; first mortgage bonds, 3% sinking fund payments
due within
one year, $250,000; reserve for taxes on income and
capital,
$1,837,484; reserve for postwar abnormal expenses, $600,000; funded
debt, $4,750,000; capital stock (par $25), $13,730,625; earned surplus,
$9,818,852; total, $47,834,370.—V. 158, p. 491.
stock
Inc.,
Y.
.! Th,e directors on Sept. 22 declared a dividend of $1
per share on
6% preferred stock, applicable to the current quarter and to be
charged to surplus, payable Oct. 25 to holders of record Oct. 9.
A similar payment was made on this issue on April
26, 1943; none
the
since.
p.
This
latter
dividend
was
the
first
since
January,
1926.—V.
158,
679.
Purchase
'
of
and
substantially
owned
are
by
$8
'
$8
Postal
Telegraph, Inc.
cumulative
all
of
the
to
John
Operating
Oper. rev.
revenues—
$1,961,678
deductions-.
2,466,307
$1,919,560 $13,491,001 $13,360,489
2,314,886
15,838,174
15,907,016
which
revenues..
oper.
Ordinary income,
communication
"$504,629
"$395,326 "$2,347,173
by
it,
Pirie,
it
Treasurer,
this
to
will
j
'
The
drawings,
"Promptly
says:
communication
sketches,
documents
from
New
the
circuit
and
war,
Drl,163
Cr6,963
Dr 7,240
ordinary inc...
"505,235
"394,163
"2,354,136
"2,539,287
income
35,000
21,078
224,869
120,712
income
Delayed income, net...
"$540,235
frt
ord.
Net
ordinary
"$380,235
income
"Loss.—V.
158,
p.
Drl60,000
"$415,241 "$2,579,005 "$2,659,999
2,000,000
"$415,241 "$4,579,005 "$2,659,999
shall
vote
55
be
to
nor
'■
Avildsen
class
cents
is
still
and
is
control
thus
in
less
100%
of
of
of
Income
the
returns,
and
etc.__
;
$11,292,049
8,906,133
$3,705,372
$1,228,952
"Mr.
surtax_-_i_-.___!ii:__
parent
will
later
and
be
President,
has
of
I
1,625,000
651,000
$650,109
$396,874
for contingencies——
150,000
100,000
$500,109
York
Ser¬
and
Suisse,
all
$296,874
stock
51,096
of
with
London
Treasurer
■
been
the
Berne,
,;;
v.
the
dividend
____
ended June
year
(15,312 V2
the
common
3%
of
and
promotion
Keith-Albee-Orpheum
and
of
stock
and
shares
class
dividend
both classes
on
of
the
stock
stock
in
banks
■'
(less
Buenos
and
for
shares
for
'Balance
for
reserve
$1,363,368;
current
a
27,500 shares class A)
total
of
of
$54,923
and
common
total
a
prepaid
assets,
Sheet,
and
doubtful
2,295
$18,014
June
hand,
on
accounts
in
will
go
who
R K O
of
the
board
of
Malcolm
Corp.,
for
urers
the
will
Pictures,
new
of
principal
serve
the
to
officer
Rathvon,
(less
under
to
Inc.
Treasurer
subsidiaries
the
become
The
created
one
of
plant
the parent
of
in
all
will
supervision
class
Manager of the
Vice-President in
board.
Mr.
subsidiaries.
be
of
of
the
(see V.
158,
later,
all
of
p.
J'
92).
per
■
•
yY'yy;
Y'y.'Y/
158,
p.
584.
.
v
A
102
at
Arrearages-
1943
30,
-h
$412,174;
accounts
deferred
$164,470;
$69,454;
/
'
V
•
receivable
charges,
(less reserve
and
equipment
inventories,
$52,355;
non-
accrued
Federal
$584,634;
general
income
taxes,
and
for depre¬
total, $4,834,082.
accrued
salaries,
$131,769; other
excess-profits
ta?4s
S. Treasury tax notes on hand), $1,760,059;
cuf^nt
requirement for the retirement of convertible preferred
non-current liability,
common
total,
under
$100,000; reserve for contingencies
contracts, $250,000; convertible
stock (par $1), $247,319;
war
$614,250;
common
stock
(par $1)
$78,795; paid-in surplus, $295,897;
$537,440; sinking fund for retirement of convertible
(including $57,210 shown as current liability above),
$4,834,082.—V.
158,
776.
p.
^
'
interest.
and
Payment will
be
made
at
the
Chemical
Bank
&
Trust Co.,
corporate trustee, 165 Broadway, New York, N. Y.
purchase money 1st mtge. convertible 5'/2% bonds due NovT'I,
1954, which were recently called for redemption as of Nov. 1,'1943,
at 102V2 and int., will be payable at the Central National Bank of
Cleveland, trustee, 308 Euclid Ave., Cleveland, Ohio, or, at the holder's
The
,
option, at the Chase National Bank of the City of New York, 11 Broad '
St., New York, N. Y. Holders may obtain immediately the full redemp¬
tion price and accrued interest to Nov.
1, 1943. by presenting the bonds
the
share.—V.
a
A)
1943.
redemption as of Nov. 1, 1943, a total
$73,000 of general mortgage 4'/2% bonds, series C, due Nov. 1',' 1956,
of
consists of 50 cents 'to complete
payment of
quarter ended Oct. 31, 1940, $1.50 for the quarter
ended Jan.
31, 1941, and $1 of the accrual for the quarter ended
April 30, 1941.
Payment of the Nov.
1,
1943, dividend, will leave
accrued and unpaid preferred dividends as of that
date in the amount
$15.50
and
class
The corporation has called for
Kingsberg.
dividend
for
both
on
1942
Republic Steel Corp.—Redemption of Bonds—
treas¬
on
current
accrual
•:;
U.
fund
Dr$57,215;
Goldberg
New
announced
Mr.
$25,000
earned surplus,
preferred stock
Lecn
Sept. 20 declared a dividend of $3 per share on the
6%
cumulative preferred stock, par
$100, payable Nov. 1 to holders
of record Oct. 20.
A payment of $2 per share was made
on Aug. 2,
the
;
$1,196,057;
payable—trade,
(including renegotiation)
preferred stock (par $1),
Studio
post
by
bonus,
expenses,
sinking
"and
Kingsberg succeeds
To Pay $3 per Share on Account of
Directors
last
and
accrued
stock, $57,211;
financial
Mr.
directors
of
Mr.
company,
to Hollywood
Radio
in
shares
of $12,000),
and
expenses
$61,500;
Liabilities—Accounts
.
the principal
companies," said
of
parent
charge of finance is a
formerly held the title
■:
—,.
30,
common
A
(7,203
of
Assets—Cash
Radio-Keith-Orpheum
,
made
member
a
21,216
66,818
A; stockv:44,938
1943, the provision is after deducting
debt
retirement
credit
of
$120,000 and post-war refund credit of
$61,500.
Ilncluding renegotiation under war contracts.
Note—In
addition to cash dividends, company paid a 25% 'stock
commercial
types
pfd.
Common^ stock.
"For
is licensed
carry
surplus
Dividends—Conv.
printed
.Yy^'yyy /•'.yy-; y
art
announces
subsidiary
elected
Treasurer
7,078
$1,221,874
174,000
72,000
tax
reserve
Balance
opened by RCA since the
to Sweden, Russia, Egypt, Hawaii V
radiophoto circuits operated by
RCA
company.
Kingsberg
the
2,476,420
38,807
and
as
•
■
June 30,'42
$2,385,917
expenses
operations
being
operation,
Vice-President
parent
"
11 Mos. End.
June 30,'43
allow.,
;;v
;
Year Ended
■■
be
may
.
$2,347,109
tax
1 Appro,
such
and
company
Account
-
:
,
representing 30.6% of
outstanding class A
the
•<
of
stock
common
the-sixth
in
Vice-President
of
the
'■
::r,.
parent.
;■
costs
shares
stock,
common
profit
wages
Rathvon,
Kingsberg,
position
Corp.,
attd
■■■:■'.'
,
share.
per
deductions
Net
Radio-Keith-Orpheum Corp.—Official Promoted—
Peter
Holders'-"6f
dividends
;v
77,976
owns
A
stock
common
"Excess-profits
■
of
aggregating
void.
receive
••'
ciation of $330,086), $1,748,627; patent application, $1;
of
896.
scrip
to
dividend
of
its
from
Normal
Aires.
Supplementing these channels is an overland RCA radiophoto
circuit between New York and San Francisco.—V.
158, p. 1177.
The
Net
said
Balance
receipt
upon
holders
debentures.
shares of common stock
'
Profit
.
Gross
Deduct.
entitled
and
be
Operating
3,900-mile circuit,
new
and
material.
Switzerland
before
stock
'
sales,
Gross
-
of war,
the others
Australia.
In
addition,
and
conversion of such
of
Such
1946,
'
-
680.
p.
outbreak
"$2,546,527
Cr606
_
.
of
net
shares
to
Other
Communications, Inc.—New Radiophoto
written
or
for
stock.
Statement
by Purity Bakeries Corp. in an amount satis¬
send to you a firm offer for such purchase at
operates in cooperation with Radio
Federal
Communications
Commission
to
the
the
outstanding
Class
photographs,
non-
.
i
conversion^ of
rate
follows:
as
R C A C
whom
Net
for
held
not
Goldberg,
1943—7 Mos.—1942
reserved
are
stockholders.
cumulative
81,158
common
stock
common
reserved
not
of
pre¬
'
responses
are
studio
(& aubs.)—Earnings—
1943—Month—1942
■
stock
its
deemed
* r
company."
Period End. July 31—
and held In treasury.
Company,
has heretofore acquired 2,150 shares
cancelled.
31,
are
/-Control—Clarence
and
Purity Bakeries Corp.
Opening of a new radiophoto circuit between
Switzerland, was announced on Sept. 21.
This
As
7
Includes
.
being
yy\y.yy
„
price."—V. 158,
N.
Pittsburgh Coal Co.—Preferred Dividend of $1—
stock
proceeds, the company will apply $100,000 to
outstanding bank loan, $125,000 toward the retirement of
outstanding convertible preferred stock, and the balance to working
capital.
:w,
v-.. v
'
>.
to
be
Dec.
such,
rights
as
no
retire
next
vice—
deferred
etc.,
names,
Liabilities—Notes
•
as
E.C.A.
hand, $3,058,007;. trade
either
at
of
the
aforementioned
banks.—V.
158, p. 897.
^' VrV:'
K
■
Rheem Mfg. Co.—To Increase Plant Facilities—
Public Service Co. of New
Period Ended Aug. 31
Operating
Operating
revenues——
State
munic.
$715,266
362,932
expenses—
and
taxes
$703,904
security
—7
taxes
Federal
5,642
$8,526,779
$8,146,435
4,399,170
891,705
885,452
,.
4,134
,
991.
Ryan,
Counsel, has
13,132
$258,008
$207,860
530
income
69
$257,478
109,163
______
Fed. income
and
■
r
53,482
,.
y
•
55,574
$207,791
63,902
148,324
157,555
Fed.
•
excess
Net
32,100
-
39,800
profits tax.
$2,910,206
$3,028,276
1,184,856
$2,893,064
17,142
823,587
dividend
—V.
158, p.
requirem.
1177.
373,391
591,630
131,000
income
Pfd.
$116,215
.
$55,816
1
$104,089
$55,816
$1,339,029
$669,797
10-year convertible debentures at 100% and accrued in¬
Debentures
dated
are
Aug. 1, 1943 -and
are
due
to
Jones,
Defense
increase
an
Secretary of Commerce, on Sept. 16 announced (that
Corporation, an RFC subsidiary, has authorized
Plant
in
its
contract with Rheem Manufacturing Co., Washing¬
D. C., to provide additional facilities at a plant in Alabama at
approximately $115,000, resulting in an over-all commitment
of approximately $470,000.
."'/I
;■'
including
of
August
common
At
$1,000
of
stock
the-
1,
1953
at
the
initial
rate
debentures
may
be
converted
into fully paid
following rates:
of
275
surrendered
shares
for
at
and
any
time
non-assessable
(2)
price of $3,636
Thereafter
at
per
common
conversion
until
stock
the
for
each
aggregate
rate
which
represents
a
conver¬
share;
the
of
all
shares
of
common
stock
for
each
with
at
Plant
Rheem
cost
a
commitment
of
Corporatipn
to
of
provide
approximately
authorized an increase in its
also
additional
approximately
equipment
$40,000,
at
resulting
a
in
plant
an
in
over¬
$155,000.
The Rheem Manufacturing
Co. will operate the above mentioned
facilities, title remaining in Defense Plant Corporation.—V. 158, p. 897.
'
Ritz-Arlington Trust (Mass.)—Tenders—
National
Boston,
the
sale
Sept.
in
Mass.,
to
it
Bank
Shawmut
will
of
until
1st
1
mtge.
p.m.
6%
of
Boston,
(EWT)
on
Trustee,
40
Water
St.,
Sept. 27 receive bids for
fund gold bonds, due
20-year sinking
1, 1946, to an amount sufficient to exhaust $24,500.52, now held
fund, at prices not to exceed 101 Va and int.
Accepted
must be delivered to the trustee during the period Oct,-,! to
8, 1943.
Interest on accepted bonds ceases Oct. 1, 1943.—V. 157,
,
the sinking
bonds
Oct.
200
Defense
The
of
$625,000,
sion
The
contract
California
shares
amount of debentures surrendered for
conversion, plus onehalf of the aggr»t«te
principal amount of debentures redeemed or paid
retired and cancelled, equals
or
cost of
a
and
Aug. 1, 1953.
principal
$1,477,847
$669,797
the
ton,
terest.
$3,034,098
5,822
Jesse
.
Republic Drill & Tool Co.—Debentures Offered— Of¬
fering was made Sept. 22 by a syndicate headed by
Wyeth & Co. and Bond & Goodwin, Inc., of
(1)
—
'
Vice-President,—V." 158,
a
,
tax, normal
surtax
elected
y
.
Conversion—Debentures
Gross
Deductions
been
$1,250,000
13,193
Net oper, income
Non-operating inc., Dr..
p.
J.
4,137,648
68,593
than
tax—
Income
John
1943—12 Mos.—1942
410,185
-
75,491
Federal and State social;■
Federal taxes, oth.
Republic Aviation Corp.—New Vice-President—
Hampshire—Earnings—
1943—Month—1942
'
:
k
81,158 shs.
preferred
company
been
common
common
Purpose—Of
ascertain
conclusion,
profits taxes.
on
of
will
of
-8Annual
-
road, which have
1
holders
Pirie, Treasurer,: states in part
factory
debts of $197,071), $4,778,591;
drafts under collection, $522,549; inventories, $25,730,257;
grain purchases, $345,074; miscellaneous accounts re¬
bill of lading
advances
demand deposit and
(less reserve for bad
shares
After
scrip,
:
preferred
order
In
Balance Sheet May 31, 1948
on
150,000 shs.
convertible
preferred stock at the current conversion
shares
have
promptly, and if practicable not later than
15,
1943, whether substantially all holders of such remaining
shares of $8 preferred stock are
willing to make such sale, holders
thereof are asked to notify the
Irving Trust Co., at 1 Wall St.,
-
Assets—Cash
*254,736 shs.
scrip may be combined into 'ftlil
shares not later than Dec.
31, 1945.
Thereafter, company will Sell
the number of shares of common stock covered
by scrip outstanding
on
that date and the holders of
scrip will be entitled to a pro fktfa
share
thereof by surrendering their
scrip not later than Dec. ;31,
Approximately 90% of the 36,419 shares of the outstanding $8
John
$22,156
capital stock,
tlncludes maintenance.
cludes $150,000 for potential liability under pending legislation.
,
have
^Including scrip for fractions
.
—•
which
stock
common
278
Nashville
&
completed
completed.
Cushman's Sons,
New
Surplus
by
of
"122,850 shs.
.
of
completed;
corporation
it."
In
$1,040,082
par)______
shares
None
125,000 shs.
1800,000 shs.
1,320,125
common stock for each share of
convertible preferred stock.
Said rate is subject to further
adjustment as provided in < the com¬
pany's certificate of incorporation as amended.
Upon the issu&ride
of
$1,250,000 10-year 5%
convertible
debentures, 296,875 shares'J'of
plant,
Central
been
from
cumulative
215,000
686,530
($1
122,850
reacquired
stock
1162,915
stock
of
Cushman's
Sons,
Inc.,
dated
Sept.
15,
offers
to
purchase their holdings of that stock at $140 per share, "conditioned
upon
the sale by all holders of such shares not owned
by Purity
Bakeries Corp.
or
such proportion thereof as shall be satisfactory
'
$1,170,616
_
---
shares
said
convertible
Oct.
Net profit
Dividends—
stock
common
by operation of the sinking fund,
of
of
N.
ferred
.
$2,658,340
etc.
State
with
cars
the
have
The
$1,330,504
>
14,804-.
$3,655,110
314,494
&
6,000
of
also
taxes
Co.—Contract—
America's
Purity Bakeries Corp;—Makes Offer
to
Prov.
months,
Preferred Stock of Subsidiary—
44,747,529
tl, 157,636
928,957
$2,737,564
,7
Total income
Interest,
month
1943;
profits
the
'
•
95,191,773
exps._
profits-
Income
'
.
Depreciation __.L--.w_Va':.
Other
the
for
July 31,
excess
Following closely an emergency design, these hoppers are
built partly of wood and are 50-ton
capacity.—Vfl57, p. 645.
Cost
Operating
ended
,
Net sales
administrative
two
needed
month and
1943
-1942
1941
1940 7
$99,826,147 $74,419,524 $56,060,186 $47,235,669
May 31—
for
which
all
Years End.
$302,740
and
half of which have been completed; 100
Georgia Ry. from the Bessemer, Ala. plant;
1,250 for the Chesapeake and Ohio—750 from the
company's Michigan
City, Ind. plant and 500 from its Butler, Pa. plant—one-third of
Pillsbury Flour Mills Co.—Earnings-
•
hopper
other
cars
7
y :
next
pany's Bessemer,
$20,000,000
in
into
converted
'''
1943.
the
them down
of
15,
that
been
into
share
debenture
one
each
990.
p.
convert
to
of
rate
of
on
stated
which
debentures
1943.—V.
to
of
months
income
Barker, Vice President, an¬
nounced on. Sept.- 22. ■>U"rv"V--•
s'V=y .^iyy/
These cars are being built by three of the
company's plants at the
rate of 45 daily and this rate will soon be increased with the
Opening
of additional construction lines, Mr. Barker added.
'
f: V Five railroads are participating in the orders, he said, breaking
Trust
amount
further
company
principal amount
1941, $12,332,500
as
debentures,
time until close of business
any
of
1%%
however,
elected
taxes
7
Government
Pullman-Standard Car Mfg.
more
the $7,338,000 remaining amount
Manufacturers
common
$45.50
had
it
S.
($1 par)—________
par)
shares of
and
The
on
for payroll
$1,996,846 for the
U.
$1,250,000
($1
"Outstanding
Outstanding
.
__
stock
•:
:
Authorized
debentures, due
convertible
1953
Common
/./yy,y;;y:y%-'Y
an
Phillips Petroleum Co.—To Redeem Debentures—
provision
and
for
Within
7:
1.
8Conv, pfd. stock
7,003,706
$1,392,591 for the month of July 1943 and $11,981,315 for the 7 months
ended July 31, 1943.—V. 158, p. 897.
increase
7.2%, over the corresponding period of last year.
'
-
or
1943
provision
Capitalization
)
$2,013,224 $18,800,004 $11,320,390
:
'
Class A
Co.—Weekly Output—
approximately
$579,156
1,443,773
Operating income
to
$726,532'
1,960,526
...
am'ounted
.
$99,334
'
;'V-V'v..
accrued
2,1943
1,523,218
$118,571
—
Aug.
1,736,793
.
•
net
of
231,074
269,477
Net revenue
Total
orders'as
2,102,373V $6,000,000;e-
330,408
•
,
manufacture
2,463,325 "!
388,048
per
'"Taxes
the
Unfilled
4,^7777
revenues
of
and
mill
supply jobbers who, in turn, re-sell to consumers In the
following industries; aircraft, aircraft engines, motor
trucks, tractors,
electrical equipment,
ship-building, railroad equipment, army tanks,
and light
and heavy ordnance.
;v.
•-'>
l-.
■
'Auxiliary OperationsTotal
July
,
;
,
;777^: 71;:7. :\';;v7777;-.;and
car
7 $9,681,610
Total expenses
payable
Electric
'
plants are located in Chicago; 111.
Business
and sale of high speed and carbon twist
drills which are "expendable" or
"perishable" tools as distinguished
from "machine tools."
Company does not manufacture machine tools.
Company's products are being sold to governmental
agencies and to
approximately
1,000 customers,
consisting principally of hardware
consists
,
Philadelphia
which represents
largely of-the design, development, construction and installation
drill making machinery and
equipment, much of which is; novel
principle or application.
■
of
list
v
,
converted,
sisted
send¬
the
so
was
organized July 16, 1941, and began business
on
Aug, 1, 1941, when it acquired the plant,
equipment and certain
other assets of Clarence
Avildsen.
Company's predecessor, Clarence
Avildsen, commenced operations as a sole
proprietorship under the
name of Republic Drill & Tool Co.
on or about Sept.
1, 1940. From
this time to Aug. 1, 1941, the
operations of Clarence Avildsen con¬
.
Total
share has been, declared on the common
Oct, 25 to holders of record Oct.
1.
Distributions of 10 cents each were made on April 26 and July 26,
last, as against 25 cents on Jan;-.25, this year.: Payments in 1942
were as follows: Jan. 26, 20 cents; and April 25, July 25 and Oct. 26,
10 cents each.—V. 158, p. 1074. '
V'
>
'
'
no
be
by
,r.
plan
request; that
a
Total expenses
stock,
to
History—Company
to be composed of nine
leaders, has been proposed1
July 31—
1943—Month—1942
1943—7 Mos.—1942
Car Operations— '7 v/eyy;-':"1' .,r :-7-v,'"7
'.v;Y
y1
>7', Sleeping
payable
Philadelphia Co.—Larger Distribution—
Pro¬
company
Co.—Earnings—
Revenues
for borrowed funds,, $1,500,000; accounts
payable for current purchases, $143,827; accrued wages and other ac¬
counts, $63,014;
accrued taxes, ,$522,492; capital stock, $1,000,000;
capital surplus, $429,614; earned surplus, $432,020; total, $4,120,967,
*-V. 157, p.> 1850.
*
Board
Period End.
profits taxes, $38,206; permanent assets, $905,302; other assets, $24,383;
total, $4,120,967.
'
1
.
Light Co.—New
for this
1283
$1,000 principal amount of debentures
a
conversion price of $5
per share.
Business—Company's
losses), $653,179;
inventory
directorate
new
;7v Pullman
finished merchandise, $1,303,575; post-war refund of excess
process and
directors
the company by Oct. 23.-—V.
-.V7:
banks," $566,323; accounts receivable
in
ing
to
'
7
&
vy:r 1
7,7
of the recapitalization
terms
board of
7
Power
business,. financial, industrial and civic
to the SEC by a stockholders' committee headed
$157,578
100,000
A
148,445
$223,255
75,000
V.
534,968
$174,126
provided for
Sound
posed—
1943
and taxes-:--
Depreciation
Taxes
Puget
$771,839
62,745
12 Months Ended June 30—
Income before deprec.
\■'.•■■r
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4215
158
p.
2353.
,
'
' '
•>
■
,
corporation is expected to file shortly with the SEC a
tion statement covering 380,000 shares of new common stock
of
Commission
S.
P.
in
features
it
as soon
York approves the company's proposed
Hearings on the proposed capitalization
New
reclassification.
of
certificate
Monday,1 September 27, 1943
v-
described by Mr. Levy as having characteristic
Securities Corporation General—Semi-Annual Report 7
with cinematography by which for the first time 7
77 The net assets at June' 30, 1943, based on market quotations ■
project a large-screen television picture up to
amounted
to $1,591,291 which
is equal to $242 per share on the
full-sized theatre screens 20 feet in width or more, with brilliance •
outstanding preferred stock. '• After providing for the preferred stock , v
equal to motion picture standards.—V. 157, p. 821.,;,'/,.l//7/v:'• 77/
7 at $100 per share there remained $3.42 per share forthe common;.;
stock compared with $1.35 per share at Dec. 31; 1942. ."Cumulative
Scott PapersCo.—Executive Changes— ;%,/„
*
dividends; on-the preferred stocks: have been paid in full to June 30, •
1943.
There were no changes during the year in,the amount of out- '/
Within recent weeks announcement has been made *by the company
It
methods..
Issue Common-— ;
registra¬
Rochester Telephone Corp^To
The
as
FINANCIAL CHRONICLE
THE COMMERCIAL &
1284
was
common
possible
be
will
to
.
change
held
were
the Commission last week.
before
shares of new common to
currently outstanding 48,140 shares of second preferred
plan contemplates issuing the 380,000
The
replace the
stock formerly owned by New York Telephone Co.
'standing stocks-. •v •/ 7.' -;/"/'//
elections:
•
1'•'•//
1 "
77'V'7 77 7 7
7
the duties of Acting Vice-President
i ft'i" ■
Earnings -for 6 Months Ended, June 30>
since Nov. 25,
1942, was elected Vice-President to'fill the vacancy
77:;:'
'■■''■v;:-.:;.;1943
....
1942.
,
1941.." •.
created by the recent resignation of William S. Campbell who had
.-•Total'income
./
$30,097 77;
$35,801;$39,262v
been ill since September, 1942.
It is expected that Mr. Campbell will
10,130
9,380
Expenses-;^7-77_-r-7_7L-_7-7-—li,592
return to the company when his health, is restored. 'V'
•'
^Interest on btink;ipahiSi:C_ii--_v~-:~ n'v
,
781;
748; ■*,y, .748: Francis W. Plowman, formerly Manager of Sales Research and De¬
velopment, was selected General Sales Manager following the sudden
Net income, before prov. for Fed.
- ,7..' • 7 7 , death last June of William F. Mohan, First Vice-President.—V. 158,.
of
Rochester
local
group.
expected that the First Boston Corp. will head the group un¬
the sale of the 380,000 new common shares designed to
replace the second preferred stock.
The same Rochester group also purchased from the New York Tele¬
derwriting
phone
/
Telephone;-
'•
•/
,/
;
Earnings for July and Year to
Judge Luther
$3,858,984
$3,588,688
4,600
The
2,399,481
taxes
Operating
Net
income
—V.
■
—~u.
88,172
$567,158
468.473
377.189
:
'•/'■
"
J.
/
,;
,
of
Bishop
Catholic
Roman
Bonds—
expected
for
to
at Norfolk,
Way
18
the
purpose
directing
whether
parties'in interest
should
order
an
The
.
.
; $24,923$29,134'
$17,724
stated
qualify ias
to
is believed
company
investment
regulated
a
under the. provisions of .the Revenue Act of 1942,: A com¬
based upon ' the provisions of said Act relating to regulated ^
investment companies,.indicates that there is no liability for Federal
company
,
putation
may
income
"authoriz¬
entered
be
L
income 4s
Net
Notes—(1)
7(2)
Va., Sept. 20 ordered a hearing
of considering the redemption of
Line Ry. receivers' certificates.
provides for a hearing at which
consider
Petition
on
.,.///;;:..7"'/V;/>/7//:/7
taxes for-,the six months ended June 20, 1943.
,77; 7;
the
P.
Callaway
trustees.—V. 158, p. 1178.+ )
as
7
7
Balance Sheet As of June 30, 1913
7>;i'■7;■■■"*■
^
vAssets—Total-: investments,>■ $1,519,301; '«cash
in.? banks, $100,160;
receivable (from , brokers vfor securities sold but > not' deliv-
accounts
,
yered);. $79,463;:accrued
-
interest
receivable;
dividends
and
prepaid ^expenses,;, $2,799;.: funds in closed bank 4less
furniture and fixtures, $35; total, $1,713,937.'"
.
$665;
Liabilities—Accounts- payable
but
reserve '
$11,514; "
$2,-500); >"• '
-7''
',
cents
50
share
per
7—V.-T57;
the' capital
on
and Dec. 26, a,7 special' year-end
v '" 1
16, 50 cents each;
p. 1188.
'
and Nov.
May 15
cents.—V. 457,
80
'
#
>
>■
purchased
Securities
for
preferred
on
*
(declared
stocks
r1366>:>-'V-V^
-p.
7-
.; Shatvmut Association—Earnings-f 7
•
76 MqiUhs'Ended June 3(S'y^®p->7l943;77v^
.
,
7/1942^ 'Z
.
Interest.and .dividends from
$106,586
from bank 'Stocks.—4 ,/,- :; 25,404
Dividends
.1941'
.:: 7 7. .7
$123,771
;.':r
securi-
;ties other. than^baiik; stocks-—Li
,-v' 7/7 pp'pppp
Seattle Gas Co.—Earnings—
.
declared'
has been
7-7
disbursed
was
(to ^brokers
dividend
$109,692;
July 13, vl943(,,: $10)322;ti6ther 'acCouhtS :payable and accrued1/
^expenses, $2,632; cumulative preferred stock, $7 series, $184,300; cumu-lative preferred stock, $6
series, $473,100; common stock, $272,500; '*
capital surplus, ? $95,443; earned surplus since July 31, 1940; $244,865;'7'
unrealized appreciation" since July 31', 1940, $321,083; total, $1,713,937:
* '
/ '
delivered),
not
pkyable
payable Oct. 15 to holders of record Sept. 30. A'like amount
on
April 15, last.
Payments in 1942 were- as follows:
Stock,
of
of
dividend
A
-V:
r-
Dividend—
Seaboard Surety Co.—To Pay 50-Cent
Co.—Accumulated Dividend—
Petroleum
Root
of the
that all
Air
and
Merrel
'V'"'--■ 'J;-'";.;-V-'■ --•■'';
remaining outstanding first mortgage
series K 4%
bonds due Oct. 1,
1958, amounting to approximately
$3,675,000, will be redeemed on or before Nov. 1, 1943. The $500,000
of first mortgage 3Va% bonds, series F to,J, inclusive, clue Oct. 1, lyii,/
to Oct. 1, 1948, respectively, are not callable.
:'..7';77-//
It is understood that the first mortgage. 4s will be refunded through
the issuance of first mortgage 3 Va % notes and bonds.—V. 158, p. 897.
is
It
Ry.—Hearing Oct. 18
and acting under the bondholders' protective agreement.; Complainants
were listed on the order as the Guaranty Trust'Co: of New York
and
Refund
Portland—May
//'
.
.
1178.
158, p.
..
exclusive of net profitfon sales of 7 :
investments:^computed on the ba'sis of average 'book value) amountedV
to $185,862 which has been carried directly to earned surplus.
;
, '
^
redemption at the principal amount thereof
and accrued interest of the $12,841,600, principal amount of receivers'
certificates outstanding and held by the public.". /-'-'x *rv v
■;
The court directed that copies of the order be mailed to parties and
counsel participating in the railway's reorgVnizationv proceedings be¬
fore Special Master Tazewell Taylor.
V :
; ; ://'
''"/-v-' "/••'■'.)«>
The order was" entered on petition of a committee constituted by
616,432
$659,690
55,499
80,937
—
>37 323
$82,557
$108,158 ;
operating income
Net
B.
Oct.
order
heard
be
$1,183,590
$1,296,913
$170,729
$177,802
69,644
revenues-.;:
oper.
held
Seaboard
5,617
y
2,557,471
be
to
income taxes
<
■
Pay Receivers Certificates—
ing
Net
/•>
Seaboard Air Line
to
1943—7 Mos.—1942
'1943—Month—1942
Operating revenues
$552,282,
$523,181
Uncollectible; oper.
rev.
666V',,
♦'
605
Operating expenses—_>>
373,814
351,847
,
,
Date
Period Ended July 31—
•
performed
has
.
/./' •//-/;
//' /V/
*•
\
who
Ober,
1076
p.
This means
in Rochester
its one-third interest in the common stock.
Telephone now has no direct stock interest
Co.
York
New
.
executive
following
L.
.
is
It
the
J.
effect to consummation of the plan, corporation would have
outstanding 500,000 shares of common stock, including 120,000 shares
to be exchanged for the present common.
All of the second preferred
stock already has been purchased from New York Telephone Co. by a
Giving
,v
$127,089
.> 32,971
39,022
v
'
'
declared on account of accumu¬
lations on the $1.20 cumul. conv. pfd. stock; par $20, payable Oct. 1
to
holders of record Sept. 22.
Like amounts were paid on March
20 and July 1, last.' After payment of the current dividend, arrear¬
ages will amount to $1.90 per share.—V.
157, p. 1565.
of $1 per share has been
A dividend
earnings
Gross
777t, Total, riViLtf-'.
$568,074
$629U08
31,865
:'r
51,426:7..'
49,982
74,541-.
depreciation—
69,290-:
Federal and local—
State,
Administrative
V7 301,921;
7;: 1297,478
:
———————?_7—
for
Provision
1942.7
...
Net
V
;
/ Tax
Federal
for
7.
12,000
8,874
The
—„———i-.1————-.vv; $32,959
loss
Operating
Other deductions
.—v.
8,968
—.
to
income
157,
I
Securities Acceptance Corp.—Earnings—
Total loss
'—'
——
————_
$41,926
>
income
Other
•
——-l-.
——-——
23,573
$18,354
—
depreciation
for
Dividends
/
-.,--73———-L————L——_—,-///■?■..
—
$79,115
15,018
Assets—Cash
hand
on
and
trade
$491,278; patents,
etc., $7,000;
and equipment,
plants
manufacturing
name,
processes,
$19,843; total, $2,337,882.
profits
;'';v
/••
on
preferred
Dividends
on
common
in
i
operation
45,598,270
on
previous.—V. 158, p. 897.
year
;
.
r
>
.
•
46,810
Balance
Sheet,
for
Federal
V
dividend of
A
accumulations
25
cents
$344,165
market
cost)
over
taxes,
July
•
Oct.
and
15
of
distribution
15,
become ^payable
10 -cents
of
in
banks
and
$1,174,465;
hand,
on
Government
U. S.
$1,940,000; notes receivable, $3,512,213;- accounts receivable
replacement materials, $15,834;- repossessed automo- 7
Profit
from
Exps.,
sinking
$1,625,000; notes payable, secured by $1,940,000 of U. S.; Government
;
:7
on
each
paid
omit
to
1,
made
July
during
,
$16.75
the
dividend,
current
' /-.'■ >/•■'/
share.—V. 158, p. 93.
will
arrearages
•;
amount
to
-■'/./'/ V'7'7/7 7
Serrick
■"'
St. Lawrence Paper Mills Co., Ltd.—Accrued Div.—
have
;
share on
accumulations; on
the
account of
6%
cumul.
preferred stock, par
$100, payable Oct. 15 to holders of record Sept. 23.
Like amounts
were
paid on Jan. 15, April 15 and July 15, last, and on Jan. 15,
April 15, July 15, Oct. 15 and Dec. 21, 1942.—V. 158, p. 93.
directors
The
declared
dividend
a
of
75
cents
per
v
...
.•
.
$4)7 $624,000; paid-in surplus,
$6,730,097.-y-y. 158, p. 295.
To
speed
-,
•
trustees have asked Federal
a $5,804,575 compromise
of' the Reconstruction Finance Corporation and
reorganization
the
of
road,
•Judge George H. Moore at St. Louis to approve
of
settlement
claims
V
the Railroad Credit Corporation.
7I;:;:.,/••
Other
$4,878,323
V 3,627,137
Selling and administrative expenses
415,554
3,337,933
418,464
sales—7———
$1,273,777
?' • 14,014
of
income
——
—
goods 'sold-—~LL
profit on
income
Income
interest payments will be
made on $1,000 denomination bonds: Kansas City, Fort Scott & Mem¬
phis refunding, $160.60; Frisco prior lien, series A, $40; series B, $50;
series E, $60; consolidated, series A, $48.91; series B, $65,21,
Propor¬
The
trustees,
A
J.
in excess of
The
the
the
following
amounts will be paid on
tional
had
approves,
RFC
Frisco
M.
Kurn
bonds of smaller denominations.
and Frank A. Thompson, said the
road
RCC
into
went
claims
are
based
on
for
Federal
normal income tax
made
in
1932, before
receivership.
Net
$537,303
:
loan- totaling
$5,190,000, taking into consideration previous pay¬
by the Frisco. The RCC, already paid $120,000, will
its loans
which aggregated $3,805,175 in
principal.
ments of $685,424
take
—V.
a
loss
on
158, p. 1076.
schools
screen
1
television for motion
picture theatres, homes,
black-and-white and natural color,
and
churches,
both in
will be available commercially soon after hostilities cease as a result
of basic patents issued on Sept, 21 by the Patent Office in
Washington
to the above corporation, it was announced by Arthur Levey, President.
The company is associated with Television
Productions, Inc., a sub¬
sidiary of
Paramount
Pictures,
and
General
Precision
Equipment
Corp.,
which
in
turn
is
associated
with
Twentieth
Century-Fox
Film
for
The
as
basic
part of
adjustments
post-war
and
Net
income
U.
S.
Patents
the group of
projection
Nos.
patents
apparatus
.
$1,135,023
54,105
68,483
2,330,171
covering
expanding
and
the
2,330,172 were issued
Skiatron system, a new
basic television
Scophony's
$550,624
39,746
%
71,733
>
•
1
2,
capital
April
and
and
1
Dec.
•
ordinarily "
stock. Pay¬
July
1941.
23,
398.
1,
No
*
*
•.
200,000
,'
$319,192 *
•
$1.97,>
Sheet,
Balance
Notes
in
•
7*'
shares of capital stock.—V. 157,
\
and
accounts
receivable
——
—
credit against excess
profits tax ———————7.——
'
.''Property, plant, and equipment—•'———7
Good-will
————,—L'
post-war
——
7
——'
—
—
•
81,341
507,295
income
*
..
■
1
88,382
■
557,081
,
$2,104,236
—'—
management compensation
Accrued
salaries,
Accrued
real
wages
commissions
and
estate, pay-roll and sundry taxes-
Employees', victory tax withheld
—
Reserve for post-war adjustments and
Class A
common
Paid-in
and
conting,
—!
stock .($5 par)——
Class B common stock
($1 par)-
—
donated surplus
Earned surplus
;
406,330
56,448
32,287
45,634
18,354
200,000
242,085
151,926
599,323
202,603
7
*Less
1942,
reserve
fLess:
of $100,000;
for
depreciation
of
$741,622
in
■
7'
1942
$3,386,136
2,541,194
$844,942
/ 69,089'
$1,207,618
$914,032:
482,709 -
481,457
_
$726,161
—
preferred stock—
on
335,678
$390,483
7$95,644
'.r'-'-.'L'
stock.—V. 158,
common
$431,322
335,678
share
Consolidated
■■■"'••'
:
$3.28
irf
'
$0.80'
S85.
p.
of
••
sales,
Gross
■
-'•
••
•
•—
•;
7--7
Years
,-'-:7'
.
Ended
June
30
;
7
,
:-;r
: 7
sales———
on
$6,751,515
admin.7 expenses———„3(668,620
&
depreciation
gen,
for
7.___
—
profit
Selling,
Prov,
•1;
for
Account
.
-
.
Income
1943
1942
$18,153,437 $18,947,801
sales__-_L___L_—11,401,921 j 9,265,324
*Net
profit
&
amortization-
■
$9,682,477
5,565,447
150,171
156,671
19,127;
$49,863
1943
and
$2,926,224
income
Total
.
Royalties"
bond
issue
expense
$4,051,039 '
37,751
41 417
43',560
36,146
-
—.—
deductions
Miscellaneous
j
•
...
—
of
u.
$3,121,473
debt-*
funded
on
$3,966,859
84,180
195,249
—————„„———
7,682
14 750
24^889
110>56
/" $3r015,005
$3,811,057
•
—
239,179
,
59,986
44,141
35,757
Profit
——
—
U.
S.
normal
U,
S.
excess
and
————
surtax
362,114
tax
profits
,
242,085
151,926
599,323
204,808
Net
income
Earns,
per
in
1950.
common
contract
Notes—(1)
-
pet income of
ing
net
trans,
to
earned
Crl0,984
the English
of
7
-
——j_
T
$1,064,975
$1,327,1/9
share
-
renegotiation.
Consolidated
income
surplus
net
fAfter
income
subsidiary
post-war
includes
company
the Canadian subsidiary
31,531
.
Drl00,000
.
$1,627,067
$752,411
11,589
Adjust, of prior year's inc. & exc. prof, taxes-Prov. for post war contingencies-•
509,581
1,972',705
fl,487,312
Foreign income & excess profits taxes
1943, cash prepayment of $400,000 and Treasury tax notes
1942, cash prepayment of $400,000.—V. 157, p.
7—7
from operations
Other" income
■"•After
$2,104,236
—
'7:
operations-—$1,061,362
\
$1,627,067
—$149,245
——_-•
'
.;•'/ (L. C.) Smith & Corona Typewriters Inc. .(& Subs.)—
Annual Report—
/"^ /
'
/
Amortiz.
payable
7■./->'$9.73
/
1943
'
Balance7:?t—^Ll_7lll7^L-/lw7-7l7l2L^l/777
Net
Liabilities—
Accounts
;
$3,508,391
and taxes (incl, deprec.)— > 2,447,029
from
Dividends accrued
Interest
Total
p. 2354,
....
—
Prepaid expenses —V—
$421,429
284,952
344,477
$347,916
588,073
491,230
(net)————L
—
for
$3,358,851
.
:l;
Gross "income ——L——J
deductions
1942
7
1943
5,400,000
$5,143,324
shareLi7L_L^L_j___^77.7:.:.;7$14.21.,
$13.71
earnings
Cost
.
.
Receivable
'7 '7
June 30
.•.7'' 7" '
7;
,:-:7.>7,7
77
bank—_i—-7———.
Assets—'
■•''••
'
$8,758,851
10,800,000 77 7,200,000
$1,989,844
/ *118,938 shares of
,
post-war credit.
$5,461,347: 7
3,297,504 /
;?4,335,514
•
——'■'■•• \'.^ i:
•
After
1940
i9c
Jot
Avail.
$12,789,844 $12,343,324
__L/
• revenues
'Earned --per-
$373,256
.. $2.17.
^. $147,718
share on.'cl. B stock—
$0.68
yearL—
1941
Non-operatihg income ;(net)—_146,256
77
82,980
36,974
,
4,854,699
.
Earnings per
for
-v./
$7,935,145/$8,007,810
Income
■/■'
92,923 ;"'r. 192,740
'•'732,067 r
446,438
7
7
7 ;:
contingencies—:——
Total
Corp.
television
'
77.7.;
Federal excess profits tax-
Provision
Accrued
large
de-
tAccrued Federal income taxes—
Scophony Corp. of America—Patents Issued—
Perfected
the
on
which
13,321
13,096 .;?/
:
r
.
plan of reorganization for the railroad,
its
and
clared value excess profit tax.—
Inventories
loans
approved by the ICC; was
rejected by Judge Moore last July because of preferential treatment
accorded the two Government agencies. His decision now is on appeal.
Under the compromise, the RFC will get back the entire principal
of
7—-7$1,287,791
a
50,470
depreciation——64,613
income
Provision
Cash
$31,000,000 in its treasury.
and
1
1942.
:(net)i'L„ll—- 7
Operating expenses
3,035,276
326,275 7
..
$1,121,927
charges
,,
Moore
stocks/
,_,/y/7./-.>7!' /
$13,435,493 $15,482,585)
etc.—
5,500,348 ...7,474,775)
taxes,
12 Mos. End. Aug. 31—
,
Net
Other
petition, filed by bondholders' committees with consent of,
the trustees, proposed payment of $16,047,377 in overdue interest on
various bond issues.
;
.••■•','
- v \
Judge
(excess
bank
than
dividend
Oct.
/
trading,—
income
Operating
: l 1941..
$3,898,854
1942
.1943
$5,316,469
_i—
sales
Cost
Another
If
other
Jan.
on
1,
/ Profit ;/7/—L—L-:L-
Net
.;
treasury
// Sioux City Gas & Electric Co,—-Earnings—///Z///; //;/
4.'%,
.'
! '
Corp.—Earnings—
Years Ended June 30—
Net
Gross
St. Louis-San Francisco Ry.—Court Action Sought on
Compromise with RFC, Interest Payments—,
shares
shares),
common
13,622
1942.—V." 158; p.
$982;
$46,212;
of
payment
per
deposit,
(par $25), $700,000; common stock (par
earned surplus, $344,165; total,
accumulations.
After
the
Oct.
about
or
were
April
on
deprec.,
Net profit
dividends payable, $26,101; accounts payable ana•
Dividends 7
deferred chargesv and prepaid expenses, $40,373;-7
'furniture and fixtures (net), $20,505; total, $6,730,097.
7 Surplus
' Liabilities—Notes
payable, unsecured, maturing within six months,
vparnings'per
accrued items, $251,756; dealers':, participating loss reserves, $188.929;;
/On 900,000
reserve
for credit losses, $100,000; deferred income, $203,433; 10-year
4V2% convertible debentures, $680,500; 6%; cumulative preferred stock
fund
.
while on Dec. 21, 1942 an additional
share was made—also on account of
per
of
1913
$13,795;
securities
of
directors rhave-voted
biles, etc., $1,910; cash surrender value, life insurance, $23,814;
share has been declared on account of
cumul. class' A preferred stock, par $50,
1942,
cents
50
1943,
share
per
unrealized appreciation
$2,240,287;
Years Ended Dec. 31— * •"
■
■
,
automotive
and
payable Oct. 15 to holders of record Sept. 23.
Like amounts were
paid on Jan. 15, April 15 and July 15, last, and on Jan. 15, April 15,
„
30,
total, $7,761,998.—V, 157, p. 2052.
this year/ and
dividends were
$293,935
Balance Sheet, June 8ft, 1913
securities,
,
a
per
4%
the
on
June
deducting
shares;/after
par
—
Ltd.—Accumulated. Dividend—
30,
$5,348,707;
securities, $1,940,000;
St. Lawrence Corp.,
$19.87
to
7/"
June
93,451
,
——!
30—-—
June
7
Assets—Cash
;
1
ended
Silver/King Coalition Mines Co.-—Omits Dividend—
7
$419,000
• 31,615
.
116,9B5
116,L
116,986
" I- '
months
equal
were
,859
$141,(
Singer Manufacturing Co.—Earnings-
46,269,769 403,227,877 414,464,862
;
57,500
•
last, totaled 2,488, against 2,569
11,
Sept.
stock
stock-—4—l?-7-
$128,591 7
95,600
1
$423,016
32,041
——
Dividends
1943—4 Wks.—1942
1943—36 Wks.—1942
'r;,:
■»'v/'-'v
$
•• :•.
$
.
Stores
(125,503)
six
the
of
prices,
capital surplus,
quoted
$125,503 ;
$186,726 V .// The
would
surplus, Sept. 30———— 7 ,; 297,513
V 232,274
surplus
Balance,
Sales
no
$507,916;
ments
Total
.,i
PeriodEnd.Sept.il—
^
/of
•' 495,995
tax————' '771
of earned
Balance
State and local taxes,
$13,623; accrued insurance, $6,591; reserve for contingencies, $22,000;
capital stock (par $5), $500,615 capital surplus, $1,729,339; earned
surplus, deficit, $43,536; total, $2,337,882.—V. 156, p. 1334.
y
Safeway Stores, Inc.—August Sales Off—
and surtax—
,7
,
Liabilities—Accounts payable, $109,250; accrued
■
$617,788
366,782
77 Net income, carried to earned surplus_-L^—
//.
•
(390,000
$835,821
7'
close
market
Liabilities—'Reserve
income—————-—-—
expenses—-—————:—-
Excess
$377,781;;,
$1; trade marks,
deferred charges,
$148,176; inventories, $752,809; investments and other assets,
property,
280,648
-
operating
operating
Normal income tax
deposit, $540,995; accounts receivable,
on
124,629
Gross
.
.
*
116,987
:
^"denscd
/ $5,000,000;
Balance Sheet, June 30, 1943
:
$1,116,469
losses
General
———
———.
—
——
y
:
•
720
shares of .capital ■' stock of
seven
suburban banks," $1,795,611; notes receivable, $33,273; accrued Interest
receivable, $248; cash, $584,159; total, $7,761,998.
7- 7
7
interest costs, insurance costs and provision for
credit
loss
Net
...
?
$742,417
—L————-
quoted
on
the
at
Assets—Securities,
7/
1942
-
.
assets
<
/■/:v'7
"i
.
insurance and carry-
interest,
discount,
charges
ing
60,761
amortization——.——
and
1943
•
..
Earned
Loss
Provision
9 Months Ended June 30
Income Account,
.
"
5,100
v
•
capital ;stock. / This compares with $18.60 per share on March 31,:'.;
1943, and $14.72 per share on June 30, 1942.7-;-"77;7
;7.;,.,7777
.
4
shareholders
to
net
based
7:7';77:.v''7'7:''■ ?.7-777;-,..;;.7r7:7:7;'7.-7'.;:7 77
1565.
p.
:' $46,694
: $102,209 ;
surplus
•
J;/ '■Exclusive of gains and losses from securities.
—
Net
;500
L_i__ _777_'__—•
income:7_7——71t!„'7__—$107,309
Dividends
57.778
59,589
L
taxes—
income
18,361^
:*_7_-LL_l7-7
tax-:-"7777777 7
stock
tax
$166,11177
19,022 77';, 18,730 )7
;
3,151
-'if-'i 2,792
V 5,400
V---'. 2,200 '
7
578
530
$156,742,
$131,990
,
dividends paid at source—_
on
'."Net
•
•
_lLl7l7—
deductions
Provision
expenses
Federal/income
$113,346
$173,798
earnings
Interest
profit$155,057
Expenses
——-,
188,016
Gross
■
capital
Federal
v. ;-, 33,535
•
30, 1943
Income Account for Year Ended June
iltLL
,
v
;.
Maintenance
Manufacturing Co.—Earnings—
':
-
1943
;
Operation ?
Taxes,
Ruud
7'//7
3 Months Ended June 30—
$3.57.
credit
of
'
$4 52
$161/96.
$27,080
and
representing'
$28,658 represent-,
company
(conversion
at
.
'. Number 4215
Volume 158
official
not
rates,
receive
year.
(2)
1942,
and
U.
the
refund
Government.
Assets—Cash
and
Note
company
2
Balance
1958;
relating
Sheet,
Texas
has agreed to make to
to the consolidated bal¬
June
$294,693;
of
$139,699),
recoverable
amortization,
cash
with
deposited
receivable
(other),'
Typewriters,
tiation
refund
payable
profits
excess
profits
taxes
U,
to
taxes
payable,
for
trustees
redemption
of
,
--.
.
Mountain
.
Colorado Power Co. class A
-V/%//■•
-
yY
A
Stores, Inc.—August Sales Up 5.47%—
1943—Month—1942
$449,630
furniture
the
sales
'
month
same
last
and
year,
for
branch
office
foreign
fire
1942,
exchange,
$50,168;
$68,541;
(no
•
par),
043;
total,
-
The
amount
of
consolidated
liabilities
current
net
post
$89,904
of
amount
Assets
of
in
and
of
the
foreign
English
the
Income
from
subsidi?
Other
dividends,
Profit
on
sales
of
Parent
Corp. Only
*
'*
Total
■
ries_Y-_.i.Y,YY.--,.,—--Y -$2,103,993
earnings
v
Jesse Jones, Secretary of
Commerce, on Sept. 16 announced that the
Plant
Corporation, an RFC subsidiary, has authorized the
of a contract with Sun Oil
Co., Philadelphia, Pa., to provide
plant facilities in Pennsylvania at a cost of
approxamtely $3,175,000,
.
The
126,228
$1,934,399
converted
subsidiaries
amount
of
subsidiary
the
subsidiary
in
$1,707,592
Other
(2)
As a result of renegotiation
with the Army War; Price Adjustment Board (Rochester
District) the corporation has agreed to repay. $325,000 to
Ordnance
the
United
States
Government
of
out
.profits
for
statements;
not
be
been
Profits
for
renegotiated,
instituted
of
ment
for this refund has been
after
income
the
but
Dec,
and
in
the
attached
Other
the
on
and
balance
of
net
profits
excess
date.—V.
157,
taxes,
Sloane-RIabon
The
directors
11
made
holders
March
of
care
V.
to
on
declared
the 6%
of
31
Southern
June
for
998.
p.
record
and
arrearages
157,
for
to
of
New
$6
months
12
ended
share
March
Int.
1943—Month—1342
4,000
3,000
1,711.823
1,557,393
revenues—
$235,547
$261,163
tteu.
-
17,000
12,000
11,013,770
oper.
Operating 'taxes
$5,935,111*
Net
$4,878,193
501,769
330,216
3,519,170
$33,778
$330,947
$2,415,941
$2,284,660
income
operating
income
—V.
158,
220,675
898,.
p.
222,335
1,620,322
1,556,434
•
excess
operating
Net
in
in
the
6
913,693
9,789,089
Federal
7,781,921
6.040,084
71,438,439
30,127,811
the
12,656
6,482
114,258
15,138,297
51,039
Other
U.
1,578.650
11,664,750
Other
secur.,
179,782
104,866
986,529
696,799
S.
Net
ry.
income
oper,
158,
5,886,447
8,824,561
60,807,371
—V.
and
earnings.--—.
Other
.
6,519,966
...
Period Ended
Operating
Associated
July 31—
""
Uncollectible
$174,364
$154,947
600
rev.:
oper,
1943—7 Mos.—1942
$1,196,801
600
4,200
f 694,953
Interest
income
158,
$52,083
$497,648
$361,490
21,755
-296,200
173,230
$30,328
$201,448
-
44,032
/
!
295.
Southwestern
:
~
$26,458
;)
—
p.
1
4,200
Public
12,966
;
16,559-:
104,838
158, p.
been
&
Gas
Corp.,
all
Co.—Proposed Acquisi-
a
President
director.—V.
a
\
the
output
Gas
totaled
&
of
158,
American
p.
Type
Founders,
of
Electric
.
■
"
;
,
•
for
ties
which
it
2,070,357
1,500,000
500,000
240,000
V 5,552,345
6,088.531
682,513
6,060,307
unconsol.
5,174,105
82,513
Net
tion
77,445
holds.
approved sale by corporation of certain securi¬
Proceeds are to be applied to
purchase of U. 3.
Government obligations.
Securities which are listed for sale on the
New York Stock Exchange comprise $5,GOO face amount each of
Mia "tic
Coast Line RR. first consolidated 4s, 1952; Central Pacific
Ry.
first
149.467
59,998
17,767
256,000
105,513
$27,524,112
'/ i.-/'-
construction
contracts
26,274
181,400
149,280
4,805.000
losses
at
net
mulae
at
for
depreciation
30,
1942,
of
■
$2,224,102
2,733.263
at
June
'
30,
no
1943
and
shares.
par
(less
for
$4,358,300
surrender
acquired
goodwill,
$131,697
$16,939
Federal
the
total,
payable
taxes,
A
on
stofck
in
$510,154;
and
1942
predecessor
$387,781;
■;>%"I...
accrued
dividend
Air, Inc.—^Plans Expan¬
Service—
t
'
result
in
an
increase
in
the
air
line's
total
for
amortiza¬
.(
;
of
accounts
and
$6,500),
notes
$184,162;
containers
$4,399;
life
assets,. $197,382;
company,
(less
insur¬
patent
made
Sept.
and
20
declared
a
dividend
of
$1
$227,164;
payable
$183,663;
for¬
June
1,
provi¬
1943,
-
share
per
on
the
,
on
a
basis of 52.2%.—V,
158, p. 1180.
Period Ended Aug. 31
and
income
1943i—12 Mos.
$231,845
$2,703,508
$2 ,829,822"
155,917
165,931
1,823,751
1 ,947,504
taxes
10,960
15,474
1,250
179,585
4';: 1,364
,
5,227
60,218
$43,607
income
-
$626,811
73
iAi—-
Y
21,177
Drl94
surtax
income
/;
$627,240
v,
21,878
4,800
$16,735
14,320
preferred
158,
p.
United Aircraft
in
crease
a
to
14,320 1
6,469'
171,850
-
-
171,850
.
77,625
-
-its
105,485
$208,146
77,625
Corp.—To Increase Plant Facilities—»
Secretary of Commerce, on Sept. 16 announced that the
Corporation, an RFC subsidiary, has authorized an in¬
contract
provide
cost
r
6,469
r
1078.
Jesse Jones,
Plant
Conn.,
0r£ 22
$228,932
requirem,:
prior lien
68,263
$606,936"
293,305
-
137,600
$17,432
'
)
260,708
5,900
dividend
7%
'
$607,458
429
■/ $43,413
$48,509
income tax, normal
5%
J 15,797
5,469
$48,436
Deductions
—V.
190,800
13,143
Y
;
tax
Non-oper. income, net-
Fed.
1942
$221,790
Net oper, income
Gross
"
Co.—Earnings-
1943—Month—1942
revenues____.
with
additional
United
Aircraft
Corp.,
plant facilities at
a
East
plant
in
Hartford,
Connecticut
-
'*
of
approximately $2,200,000, resulting in an over-all com¬
mitment of approximately
$5,300,000.
United Aircraft will operate
these facilities, title
remaining in Defense Plant Corporation.—V. 158,
p.
1180.
;
.
United Light & Power Co.—Dissolution Plan
Appealed ' ^
Otis
&
Co.,
Cleveland, has appealed to the U.
Philadelphia,. the dissolution plan for
in taking this step is reported by
Appeals
charges,
route
set
munic.
at
other
expenses,
fixed
Western
& Co. at 23 per
share, with commission of 45
Subscriptions totaled 67,025 shares and allotments
Defense
$1,445,965.
and
'
on
State
/
205,805
31, 1943
debts
&
expenses____
18!o00
$8,463;
common
to
32 485
bad
999.
Twin State Gas & Electric
■
$149,231
42,190
drums
the
on
holders of record Sept. 28.
Like amounts
and July 10, last.
Payments in 1942 were
July 29 and Oct, 8, 50 cents each;
and
5
p.
Operating
Operating
Pfd.
1942
prepaid
value,
from
$1;
and
share has been declared
per
to
Sept. 15 filed an application with the Civilbring trunk-line coast-to-coast plane service, to
them with the 28 cities now on TWA schedules.
been
directors
class
cents.
$355,037
bank,
$256,377;
advances
date has
Net
1943
and
for
reserve
inventory,
157,
linking
and
$517,697
386,000
—_
in
8
security taxes
Federal taxes, oth. than
taxes_
profits
:
and
Oct.
Federal and State social
3,670,922
.
excess
hand
on
cents
95,670
;v
25^500
and
Liabilities—Accounts
sions
2,552,415
$4,025,024
5,000,000
period__
trade
value
$824,297
Shields
"
inc.
$57,863;
and
$545,742' /-'
Twentieth Century-Fox Film
Corp.—Special Offering
—Special offering of 35,000 shares of common stock
(no
par) was made Sept. 20 by E. F. Hutton & Co. and
8,743,131
(Outstanding 2,104,391
dividends
cash
56,910,715
2,463,283 '
regular quarterly dividend of $1.75 per
share on the 7% cumul.
preferred stock, both payable Oct. 1 to holders
of record Sept. 24.
Like amounts: were paid on
July 1, last.
On April
1, 1943,. the company disbursed an extra dividend
of $1 per share
and a regular dividend of like
amount on the' class A shares, which
compared with 'a dividend of $1 per share on Jan.
2, 1943.—V. 158,
p. 682.
7,513
1938)
Balance Sheet, May
ance,
$6,488,307
317,622
Co.—50-Cent Common Dividend—
50
100,000
131,255
5,000,000
1,
the
2,070,357
3,078,388
-
Jan.
of
extension would
The
$715,237
2.178,564
dividends
receivable,
:
$450,000
1,551,337
;;—______
Assets—Cash
$1,141,919
297,514
_
$1.—V.
cities,
were
(demand)__
providing $16,939 in 1943
patent and before taxes.
reserve),
Sept. 18
6,854,690
$29,943,521
profit
of
31,760
-
84,871
8,677,017
for
Fed.
merchandise
Standard Power & Light Co.—To Sell Equities—
on
2,178,564
750,000
"After
the
public utility operating companies in the
Co.
system for the week ended Sept. 18,
kwh., as compared with 167,590,000 kwh. for
week last year,
an
increase of
17.6%.—V.- 158,
■
Stuart (D. A.) Oil Co., Ltd.—Annual
Reportprofit
65,350
Tubize Chatillon Corp.—Dividends Declared—
1942
2053.
Common
Co.—Weekly Output—
taxes
6,163,724
4,715,000
June
"
.
ended
such
by $253,000
]943
';'v
Inc.,
494.
excess
88,522
•>
possible security
p.
"Net
Electric
corresponding
The SEC
for
1942
$5,907,312
credits
at
Prov.
2,849
by the CAB for a hearing on the application,
in part or in its
entirety. ;
\
;■; v-':,■'
The
additional
cities' in
the
East
that would
be
brought under
trunk-line schedules include
Binghamton, Albany, Troy and Schen¬
ectady, N. Y.; Altoona, Allentown, Bethlehem, Erie, Hazelton, Lan¬
caster,:*' York, Scranton, Williamsport, Johnstown, Wilkes-Barrfe
and
Nanticoke, Pa.; New Haven, Conn.; Boston,
Springfield and Worcester,
Mass,; Newark, Jersey City and Trenton, N.
J.; Wilmington, Dei,, and
Providence, R. I.—V. 158, p. 898.
Sheet, June 30
profits tax..
liabilities
197,131,000
1179.
p.
Balance
receivable
excess
21,
No
give
(without taking
effect would be
26,030
—V.
-
,y
$6,942.-175
6,314
income
dividend
This
$29,943,521 $27,524,112
Preference
Standard Gas &
Electric
June
unconsolidated
interest
(since
95
to
as
months period
debits.___
$2,026,499
outstanding securities of the
wholly-owned subsidiary of Walnut.
$6,553,657
mileage from 6,354 to 10,994 miles.
,Act of
and
so
3,361,995
reserves
157,
331,029
$1,144,768
;
fixed
The
corporation
Aeronautics Board
debt
:/v.;-
1
1943,
ended
Total
;
,
Standard
the
12
securities
.;'■
surplus
$6,611,446
408,175
$843,256
for
Transcontinental
shown
Revenue
provision
tCapital stock
the
.
Jones,
elected
the
the
periods
Consolidated
Years Ended May 31—
has
in
Capital "surplus
90,322
Spalding & Bros., Inc.—New Director-
Roy
$246,967),
taxes
;
for
Earned
Service
1179..
(A. G.)
Thomas
of
periods
Minority inter, in capital stock & surp. of sub¬
sidiary consolidated
/•',/*, /' /
Electric & Water Co.,
Oklahoma
—V.
and
taxes
income
such
to
decrease
months
the
loans
Unadjusted
$188,260
;
The company has applied to the SEC for permission to purchase from
Electric
of
restated
accrued
Mortgage
"Less
"Walnut
to
basis
supplies.—'
Other .accrued
y 688,668
$70,490';
revenues-./-.
f Net operating income i
Net
—V,
the
were
i;2^'r
Reserve, -: for
.
$1,054,358
102,264
Operating taxes
■
profits tax
1943 Federal
hand
Notes payable to banks
Accounts payable
Advances by clients on
-
103,274
expenses—
oper.
12
on
and
unadjusted
Reserve
Net
and
Liabilities—
Telephone Co.—Earnings—
1943—Month—1942
revenues.^—
revenues.^—'''
Operating
6,065,461 230,605,904 182,050,809
1179.
Southwestern
..
reversal
for such
and
Post-war refund of Federal
—Jan. 1 to Sept. 14—
1943
1942
$6,145,482
36,783
sion of Coast-to-Coast
,
week End. Sept. 14
1943
1942
$1,107,985
158, p. 898,
Dec.
$1,494,715
Prepayments
-Earnings-
.
158, p.
and
periods
applicable
subsidiaries
notes
Total
Gross
$2,516,007
excess
'Office buildings and other real
estate-.^.^.^
6,657,087
Furniture and equip, (less res. for
depreciation) %
166.002
Southern Ily.Period—
the
on
1941
except invest, in subsid.
in
Materials
54,611,370
1179.
p.
made
foregoing
Government
Investments
855,256
Crl2,460
$849,570
disbursed .on April
follows:
March
25,
Cr5,357
savings notes
2,103,093
/
$7,454,242
611,963
Dr4,245
deductions
2,-197,138
179
,
Accounts,
-V.
1
:
Also reflected in
$486,221,. respectively.
(net)
_—/
is
Acts
$253,COO,
months
(net).
$6,761,690
100,555
Br5,144
$794,645
were
June 1943 is a net credit of $246,967
portion of the provision for Federal income
in 1941.
Provision for 1943 Federal income
respective
Comparative
8,057,390
taxes
taxes
the
of
Assets—
3,391,858
$1,213,684
94,651
Dr3,166
income
stock,.- payable
ended
a
taxes
Revenue
by
$892,462
54,925
Thew Shovel
792,905
urtt,8u8
Cash advanced by clients on
construct, contracts
U. S.
Treasury tax
1,174,674
rents
1,000,128
J
$698,567
refund
Cash in banks and
Slate, county & city tax
facil.
post-war
the provision
1S43
1943—8 Mos.—1942
Y.
3,391,840
626,379
Joint
—V.
$4,479,401
:
provisions for
account
increase
y''
$2,270,990 $19,545,883 $12,072,442
1,057,306
12,784,193
4,618,200
-
Net
217,505
$4,435,122
336,187
l,3ai,iJd
383,oud
period
profits
the
111,992,859
598,675
Equipment rents
379,833
and
taxes
Miscellaneous
for
profits
the
to
June
taxes..
taxes
213,288
as
18,391,256 167,098,194
461,142
4,237,240
461,780
4,586,969
18,363,626
insur.
retirement
$2,391,712
8736,545
taxes
1180.
p.
$4,825,885 $45,806,972 $30,627,210.
2,554,895
26,261,089
18,554,768
income.
oper.
avail,
Fixed
617,630
.
42,005,074 393,927,621 284,291,856
23,613,817 226,829,427 172,298,997
31,366.511
from ry. oper.
rev.
to
$
expenses
Unemploy.
1943- -8 Mos.—1942
$
49,730,137
revenues
operating
Fed.
If
profits
pay¬
cumu¬
be made
$2,522,453
1,629,991
accruals....
charges "
charges
7, 565,077
...
184,024
Crl79
months
and
^Eafhihgs of Transpdi^atihri Sys^
1943
1943—Month—1942
-
Ry.
12
158,
1943—Month-*-1942
■
to
excess
into
End. Aug. 31—
Inc.
A
1
tax
..
"Period
Ry.
proms
and
effect
tem—
95,392
$1,499,378
applicable
the
voted
7J/a%
will
3,472,583
rentals____
ry.
Total
100,000
income
1942.
Southern Pacific Co.
.
211,756
;
representing reversal of
W.:;;
-
542,515
107,481
retirement credits, where applicable.
for
Net
Net
have
trust
Payment
certain
■(Reflects credits
2,593,533
1943.
30.—V.
$5,995,036
Other income
9,851,012
•
Net
directors
collateral
30,
Ry.—Earnings—
from ry. oper.
facil.
Net
-8,134,811
1,568,292
9,204,780
291,028
minority interest
V
Sept.
Ryr operating income'
Equip, rentals (net Or)
debt
_
excels
Amount
that
the
June
record
Jt,
$13, 192,900
4,154,798
Balance before Federal
$14,741,205
Scotland, for can••%. y.-.,/'• 'V ;
1943—12 Mos.- —1942
328,912
tFed. income taxes (nor¬
mal and surtax)
1943—7 Mos.—1942
-
5.000,000
$7,040,411 $14,578,197
91,385
of
•;securities
1940.—
of
20
on
of
as
Pacific
tax
Miscell.
•107,118
income taxes
$2,221,556 $16,965,881
rev.
amort,
expense
Write-down
England Telephone Co.—Earnings—
$2,551,370
&
$6,712,177
4,685,385
of
&
10,500
$15,146,558 $14,818,411
1943—6 Mos.—1942
earnings
Operating expenses
Taxes, except Fed. inc..
Depreciation
holders
Sept.
interest
due
96,016
1,924,398
4
bonds,
to
rev.
Railway
$8,792
-
20,600
8,075,881
Gross
on. account
31,
1,108
:
5,000.000
,
(since Jan. 1, 1938)
Periods Ended June 30-
that
>,
expenses-—
Operating
per
shares)
par
announced
semi-annual
Operating revenue
Operating expenses
5.703
Comparative Consolidated Income Statement
income
at
no
of Scotland,
Ltd., Edinburgh,
;/Y::,YY:Y;; YY./Y/Y "Y
Period End. Aug. 31—
6,711
114,688
-?•
Total
class A preferred stock, par $100, payable
Sept. 18.
Distributions of $3 each were
30, last. The current dividend will take
.-
oper.
Federal
surplus
24.543
$10,981
1
_„_
surplus
Earned surplus
v;.-YY
dividend
a
the
revenues—
Uncollectible
provision
transferred
-/v
,
Period Ended July 31—
Operating
after
was
'
Capital
Corp.—Accumulated Dividend—
have
of accumulations on
Oct.
income,
which
*
Capital stock (2,104,391
not
2157.
p.
1,825,000
Y'A"
1
Texas
Net
liabilities
the
income
Oct,
on
,$15,146,558 $14,818,411
accrued
:
82,513
and
Accounts payable
Reserve for taxes__L___
include any provision for refunds
which the company may be required to make out of profits for the
six months ended June 30,
1943.
However, it is the opinion of the
officers, that any such refund will not have a material effect on the
.financial position of the company as reported at June 30, 1943, or
do
5,739,306
1,725,000
Total
Eank
company
of
lative
Liabilities—
ended June 30,
1943, have
probable that such proceedings will
The above balance sheet and state¬
is
1943.
surplus
made
consolidated
The
3,929,294
682,513
consolidated
National
ment
240,000
s
3.555,139
unconsolidated
subsidiaries
Defense
-
Taylor-Wharton Iron & Steel Co.—Interest
Payment
500,000
5,747,136
subsidiaries
subsidiaries
in
y'-
'
"
on
collation.;/ Y,Y
$2,464,233
subsid.
in
.
months
six
it
31,
the
directors
,
interest receivable.^
' 34,171
Furniture and equipment, less res. for
deprec.
4,716
Sundry assets —2,601
Unadjusted debits
—>
31,682
year ended
Dec. 31, 1942.
The greater part of this" amount is offest by tax credits
which the company will receive in reduction of the liability shown
by its Federal income and excess profits tax returns for that year-
Appropriate provision
in
remaining
'/Y-yv'
the
1942
w..,—..
investments
title
-.>■
1,500,000
in
from
V,
,
': $1,863,600
,
notes
securities
except
receivable
Accounts
$24,702.
proceedings
.
Government
Investments
Notes
in¬
are
securities,
S.
30
1943
Investments
rates),,.
assets
U.
June
•-
savings
the
exchange
current
•
Cash in banks and on hand
U. S.
Treasury tax
net
company
official
at
than
other
in
company
Sheet,
facilities,
681,
p.
$163,375.50 for
The
Balance
these
158,
Sept. 7 adopted a resolution setting aside the sum
the purpose of
making full and complete payment
remaining unpaid principal of series A deferred bonds dated
1926.
Payment will be made on and after Oct. 30.
1943, upon presenta¬
tion of the bonds at The
First National Bank of
Chicago, trustee,
33 So. Clark
Street, Chicago, 111., or, at the option of the holder, at
343,346
81,628
/
Other
assets
operate
of
$2,177,166
377,531
Assets—
V
current
will
(The) Swan Co,, Chicago—Payment to Bondholders—
39,428
t
$2,393,558
Comparative
earned surplus, $3,418,-
Co.
Corporation.—V.
of
expenses
income
Oil
Plant
1
267,559
44,059
^
Net
stock
:.."//v" '
'
.
,
Defense
$1,870,178
245,507
*
earnings, —„
Operating
Taxes.
losses
common
r
Sun Oil Co.—To Increase Plant Facilities—
'4942
1943
inter ;st and miscell.
of se< urities.._-,._,
contingencies,
war
includes
sheet
Canadian
(both
$405,721
the
cluded
the
of
balance
unrealized
$949,593;
par),
(no
$3,541,191; capital surplus, $583,250;
$13,913,138.
;
Notes— (1)
and
for
reserve
$100,000; $6 cumul, preferred stock
for
reserve
2458.
p.
Sun
Comparative Income Statement
12 Months Ended Junn 30—
U.
insurance,
of 50 cents per share has been
declared on the capital
$25, payable Sept. 28 to holders of record Sept. 22.
This
with $1 per share paid on June 28, last, 50 cents on
July 2,
$2.50 on Dec. 30, 1941, and 50 cents on
July 2, 1941.—V. 157,
par
were
'
on
.
compares
$3,222,247
$3,526,571)
August this year were 18.97%
of
the
,
dividend
stock,
1943—8 Mos.—1942
$426,292
month
for
.
Submarine Signal Co.—To
Pay 50-Cent Dividend—
Stone & Webster, Inc.—
total, $13,913,138.
payable,
$9,426;
of
reserve
for amortization of
patent, $118,576; provision for
liability on returnable containers, $79,237; preference
shares, partici¬
pating cumulative redeemable, (40,081 shares,; no
par), • $400,810;;
common
shares. (30,000
shares, no pari,
$25,488;
earned
Surplus, !'
$224,374; total, $1,445,965.—V. 158, p. 1077.
■
:
execution
Government,
S.
197.
shares
common
1285
$26,036;
higher for the eight months than for the same period of
1942.?
Appliance department net sales were 85.63%- below
Augqst,; 1942,
appliance sales, and. reflect a decrease of 74.56% under the
appliance
sales for the eight months ended
Aug. 31, last year.—V. 158, p. 1077.
$325,000; U. S. income
$612,505; foreign income and excess
S. income and excess profits taxes
(less U. S. Treasury
tax savings notes $750,500), $1,074,375; other
taxes and
expenses,
$612,543; coupon book and inspection contract
liability, $172,806; 10-year serial debentures, $1,217,000; reserve for
redemption of Corona Typewriter Co. preferred stock, $100; reserve
and
13
5.61%
payable
(trade),
$815,637;
accounts payable
dividends payable, $157,084; L. C. Smith & Corona
(N. Y.) 10-year serial debentures, $175,000; renego¬
Inc.
either
.182 shares of Southern
or
p.
Furniture net sales for
higher than
Liabilites—Accounts
$30,877;
158,
Sterchi Bros.
preferred
deferred charges, $:20,906;
965; post war r,efund of excess profits tax, $161,696;
(other),
Exchange
Period End. Aug. 31—
Sales
stock, $111; prepaid expenses and
goodwill, trademarks and formulae, $947,-
Co.
Curb
States Power Co.
expenditures
$8,692;
Typewriter
Corp.
stock.—V.
:
under U. S. Government war con¬
tracts, $552,584; inventories, $4,515,602 ;/.,noncurrent receivables and
investments accounts receivable, $62,088;
plant and equipment
(less
reserve
for depreciation of $3,649,578), $1,627,820; patents subject to
Corona
Chicago, Burlington & Quincy RR. general 4s,
RR. consolidated 4s, 1998;* Southern
Ry. first
1934; Southern Pacific first refunding 4s, 1955; and
debenture 3s of 1965.
The company would sell on the
5s,
1943
30,
accounts
$1,507,739;
1949;
York Central
New, York
accounts
collectibles
4s,
New
consolidated
in
banks and on
hand, $3,695,811; U. S. Treasury
$177,019; Dominion of Canada and British war bonds,
and notes receivable—trade
(less reserve for un-
bonds,
war
$40,413;
the
•>3
Consolidated
refunding
.
have been completed to Dec. 31,
in the amounts reported on this
made
which
See
The parent company did
subsidiaries during the fiscal
these
from
has been
provision
for
S.
sheet.
ance
dividends
any
depreciation).;
to
as
Renegotiation proceedings
statement
the
except
THE COMMERCIAL & FINANCIAL
CHRONICLE
at
banking
firm
company
to
have
claimed
to
be
acting
in
behalf
S.
Circuit
the
an
of
Court
of
company. The
official of the
holders
of
ten
Court
in
the case to the Circuit Court.—V. 158, p.
of its intent to carry
period End. July
Operating
___
expenses
taxes
Federal
Other
1943—3 Mos.—1942
1943—12 Mos.—1942
$12,092,568 $12,160,338 $55,409,638 $55,372,143
4,942,060
4,927,378 20,375,974
19,956,278
v897,647
1,415,344
5,993,864
6,616,773
1,148,364
1,235,876
4,856,083
4,589,095
31—
revenues
Operating
a—
—
_
588. /;
(& Subs)—Earnings-
United Gas Corp.
taxes
deplet.
•/ ///.
appropriations'.// K. 2,729,444
2,906,285
res.
Net
income
168,269
t
dividend
$11,490,257
371,833
interest
Portion's
deductions
applicable
to
interests
minority
$2,543,322
public
to
other
and
$1,823,356 $12,264,026 $11,862,090
/////•//'A/'/''-'■•' :/./:'//■
1,057,047
984,557
3,780,718
3,921,832
/; •//./ /".■.' ■■•/.//
43,162
47,327
172,072
199,135
//-+•»/
Gross income
.7
-
Van
See
Tool Co.,
Machine
Norman
carried
to
sol." 'earned
The
Norman Machine
Van
$8,311,236
$791,472
At
the
Only
,
'
.
1943—3 Mos.—1942
1943—12 Mos.—1942
Operating
Operating
of
$13,128,050 of contingent interest bonds,
capital stock.
:/•;
company would represent; 23.4/
of the
capitalization, the income bonds 26.1/, while the capital stock would
and $253,869 shares of no par
Total fixed
expenses..—
taxes211,225
Other
187,234
retir.
Prop;
Net
revenues..
income
Other
Gross
income
Net
650,000
The
gage
shares
8,979,165
3,804,957
The change
$6,181,538
May 30,'42
May 31,*41
$4,162,897
$5,749,464". $3,611,162
$2,683,503
3,254,116
2,379,439
•■»/
and
$919,992
$357,046
Cr49,296
128,485
82,555
102,764
163,349
5,892
37,601
$37,454
'
$371,375
$49,045
Note-r-No. Federal
—*101.233
•
/■//.
Assetsr-Cash
hand
on
and
in
■
Sheet,
banks,
..
*''
undistributed
or
Balance
Consolidated
18,188
'
profits
excess
payable.
•
/ /-//-/
dividends paid thus far on that issue.
the
usual
semi-annual dividend
of
cumul. class A stock, no par value,
holders of record Jan. 15, 1944.—V. 158,
1944
to
■////.
profits
the
first
outstanding
income
Net
income
per
Smelting,
States
United
Cents on
Eight Months—
Pay
158, p.
for
included...
depreciation
Mining
The
stock
Co.—To
Federal
Justice
earnings
"Gross
foreign
Domestic
and
for deprec.,
ilet
•
earnings
Federal
deplet.
income
:
1,120,104
$709,293
:
industry.
"The
restraint
,
that the con¬
constitute any
the
on
of
restraint
action
The
2,328,015
commerce
or
affect
substantially
or
industry,; Nor does the evidence
the defendant any conspiracy or combination
monopolization or attempt to monopolize the
part of
trade
or
industry or
filed
was
in
defendants
trade
of
communications
the
in
establish
the
part thereof."
years
ago,
and officials named as
Carlton, Chairman of the
any
several
action
plan
Balance
share on
Earnings per
'
1.—/
528,765 shares of com¬
the
Canadian
taxes
on
'
amortization,
and
$4.93
/
deducting -all charges except domestic and foreign Federal
income and provision for reserves for depreciation/depletion
"After
provision
Note—No
period, it being believed that none will be required.—V.
157, p. 2459.
United States. Steel Corp.—No. of Stockholders—
'/•'•/
pommon stockholders of this corporation of record on Aug. 20, 1943,
numbered 164,194, an increase of 411 since May 20, 1943. On May 20,
1943; 'there were 163,783 common stockholders,
Feb.
an
l,
May
which
1963,
has
preferred stockholders of record July 30, 1943, totaled
of 538 since April 30, 1943.
On April 30, 1943*
preferred stockholders, an increase of 892 since
1943.—V. 158, p. 1181.
.
' ' '■,/'/,,■
29,
1943
sales
of
Cost
1942
\
1941
1940
$55,854,263 $33,688,240 $22,709,612 $33;907,890
income—
53,967,108
31,901,722
21,234,433
32,835,241
$1,887,155
..
$1,786,518
$1,475,179
$1,072,649
402,490
334,762
536,092
861,314
158, p. 1079.
directors
1%.
the
$28.50
both
$100,
issues
to
record
,and,
A
plan
District
comes
protective
Plan Filed—;
Central Ry.—Reorganization
reorganization
of
for
Court
for
committee
has
District
the
holders
with
filed
been
of
States
division,/by
the
and general mortgage,
first
the
United
the
fourth
Minnesota,
of
bonds, due July 1, 1949. This is the first plan to be filed
and is subject to approval by ,the "court'and the Inter¬
Commerce Commission,
i
•
•
'
'
50-year, 4',«
Gross
profits
income
Other
....
for
this
state
share
$2,289,646
income
Total
Depreciation
Premium
dep.
"Loss
Loss
in
$2,121,279
$2,011,271
$1,933,963
109,017
95,920
98,957
96,366
1,503
34,795
7,144
59,111
611,581
t434,763
—
pfd.
stock
sinking fund.
''
25,399
other investm..
"12,697
inc. taxes
+758,107
Prov. for Fed.
of $72,593,512
plus claims for unpaid interest of $13,942,451 to a new capital setup
of
$54,179,824.
The latter figure includes cash in the amount of
258,442
$1,378,983
$1,445,009
$1,520,044
481,756
485,386
488,380
492.556
will
cash...
580,964
726,205
726,205
726,205
terest
outst. (no par)
145.241
145,241
145,241
145,241
•_>
Com.
dividends,
Com.
sh.
Earns,
Or
—
dividends
per shr. common
$6.38
$6.15
liquidation of investment in affiliate and
,
$6.59
subsidiary.
$7.07
tlncludes
857,200 for surtax (Revenue Bill in 1941, proposed). ^Includes $12,138
<to,Dec. 31, 1942) and $1,759 declared value excess profits tax (to
Dec. "31, 1941).
There is no excess profits tax.
leaves
first
.
general
make
The
with
compared
as
addition
$1,408,321
income
Net
deducted,
if
ization.
In
Preferred
which,
net
a
of
the
$50,302,000,
permissable overall capitalization of the new company//
Annual requirements would be reduced under the proposed
$1,226,590,
+
.
proposal would reduce present total capitalization
$3,877,824
sale.,
011
on
on
to
a
on
under
the/present
total
distribution
issue,
to
these
the
plan to
bapital-
bonds
of
it
$3,877,824 in cash
was
court
announced
for
within
the
the
to holders of the
the
that
payment of
two
present -calendar
committee
more in¬
contemplates
the $10,000,000
of first
that
and
3110,000
the company.
accumulated
or
16
declared
dividend
a
of
$33.25
share
per
A preferred stock, par $100, and one of
6%'. cumulative class B preferred stock, par
of
accumulated
Sept. 27.
including
This will
March
31,
dividends,
clear up
1943.
payable
all
Oct.
arrearages
Payment
of
1
to
these'
on
dividends
the
the 6'/ class B
on
:/'■
preferred stock.
'•■•/./•;;/.•'"•■.,
directors also voted to terminate as of Oct. 25 the exchange
covering the two classes of stock under the recapitalization plan
of Aug. 20, 1941,
.
,
/
of
As
date there were only 7,857 shares of the two classes
Under the exchange plan each share of the 7/ cumula¬
stock, received a half-share of 4convert^
recent
a
class
ible
A
preferred
prior preferred
preferred
Each
stock,
stock and
6/
class
each
half-share
a
half-share of 4/
a
three shares of common
cumulative
B
non-convertible
prior
1
,
share under the plan re¬
the two -prior preferred issues and 2\'x
158, p. 780. ;
v
;
;•'//:*■
of -
stock.—V.
common
•
stock,
preferred
Sheet & Tube Co.—Special Offering—
offering of 21,248 shares of common stock (no
par) was made Sept. 17 by Smith, Barney & Co. and
was
oversubscribed.
The offering price was 36
per
share, with a commission of 75 cents,
Subscriptions
totaled 37,230 shares and allotments were 57%.—V. 158;
Youngstown
A special
p.
496.
•
Report—
Its Wholly Owned Subsidiaries)
Years Ended April 30—-
from
.
--/$15,152,904
incl, advertising
$13,231,307
amortization
off-./
charged
years'
/Treasury
;
tax
the Wisconsin
refunding 5s of
Central
1959
and
which
would
review
(net)
of
2,853,613
and
excise
35,339
Cr242,788
$1,507,927
...
$1,637,049
.
profit for the year
dividend
per
492,464
Note—The
substantial
made
.'"/■///
amounts
prior
:
'
to
■.
are
due -and
four
company's
war
completed//
"
T
of
being
are
required
to
be
purchased
provided
production.
Credits covering voluntary
applied against current billings, while the
for by the renogia'tion settlement will be,
equal quarterly instalments/
Final renegotiations of
contract sales up .to April 30/ 1943, Was only recently*
//
.
.
Consolitfated
Assets—Cash
material
scheduled
advance /of
in
made
reductions
company
reductions
refund
price
$3.32
tIncluded
sales,
has no bank loans/ although it has obtained
payments from the Government against certain contracts on
advance
price
and
cost of
■."///■".
;
492,464)
$3.06
•
refunds
voluntary
renegotiation.
well. in
share.
common
deducting excise taxes/royalties and
$6,995,142
1,436,097
from;//////,
arising
income
returns
Net
taxes//
capital stock
adjustments
Dept.
114,797
8,600,000
and
taxes
82,945,155
234,427
settlement
income
$6,002,437
3,057,282.
1,921,597
profit
and
1942
1943
sales
expenses,
Operating
.on
Balance; Sheet, April
'
30, 19-13 "
/
deposit and ,on hand, $2,111,580; U, S. Govt,
treas¬
bills and notes, $7,197,411.;, war* contracts receivable, $9,498,195;civilian receivables (less $32,340 reserve for doubtful accounts), $185,ury
inventories,
627;
$.106,008;
land,
$9,528,000;
building
and
other assets, $21,466; deferred charges,
equipment/less reserves for depreciation
amortization of $695,703), $2,058,514; radio and television broad¬
casting station,? $1; .trademarks and goodwill, (including goodwill from
consolidation),
receive
$1,719,728;
Liabilities—Trade
total,
creditors,
$32,426,540.
contracts
collections
in
accrued
090;
vision
for
(less
cash
advance of
wages
Federal
and
taxes
in
credits covering voluntary
contracts, $5,132,023; due on
1943, $8,600,000; advances on
$2,879,060;
reductions and refunds on
renegotiation, settlement to April
price
war
year.
the Minne¬
apolis, St. Paul & Sault Ste. Marie Ry. will continue to be operated
as
a
single system, but the plan is also deemed appropriate should
separate operation be determined upon.
The Canadian Pacific, through
the Soo reorganization, would own
plan
of
sum
of
and
•
mortgage
coupons
$1,955,045
".
application
the.
funds of
account
on
The
road
.
The
general
be made
1182.
just declared will bring total disbursements during-the current year to
per share on the 7% class A preferred stock and to $67.50 per'
"After
resignation,
Wisconsin
to absorb
the
$78.75
which
-
from
class
the
on
account
on
of
holders
Sept,
on
cumulative
share
per
Cash
Frazer,
W.
his
resignation
con¬
offering
as
Dividend Arrearages—Terminates Exchange Offer—
.
Prior
President and General Manager, on Sept.. 21 an¬
effective Sept. 30.-.
•
"V '■
at the termination of' a contract of approxi¬
mately five years.—V. 158, p. 1079.
'
' "
Joseph
this
calls
importance
Worthing/ton Pump & Machinery Corp.—To Pay Most
of
Earnings
His
Years End. June 30—
and
sufficient
amount
an
appropriated
payment will
accrued interest.—V. 153, p.
common
Willys-Overland Motors, Inc.—President Resigns—
nounced
(& Subs.)—Earnings
share has been declared on the
to holders of record Sept. 28.
Like amounts
and July 1, last.
Payments in 1942 were as
July 1, $1 each; Oct. 1, 75 cents; and Dec. 28,
regular of 75 cents and an extra of $1.t—V
71,656
Universal Leaf Tobacco Co., Inc.
Gross
a
increase
were
Jan.
paid on
April 1
were
increase of 539 since
Corporation
72,1,94,. an
there
to
been
additional
No
Federal
Oct. 1
April 1
follows;
committee
great
,
of 75 cents per
payable
of
reciprocal Interchange if closer traffic
Pacific should eventuate in the future.
Zenith Radio Corp.—Annual
Wheeling & Lake Erie Ry.-75-Cent Dividend—
A dividend
The
System.
National
large
Canadian
a
George A, Barclay, Treasurer. 14 Wall Street, New York. N. Y.. Will
10 a. m. on Sept. 28 receive bids for the sale to the company,
a
flat
price of 110"/ of first mortgage 6%
income bonds due
Renegotiation
stock,
a
until
Depreciation
1079.
p.
Superior & Duluth
of its access to
large degree of
value
Central
158, p. 1079.
Pittsburgh.—V,
158,
strategic
the
Wisconsin
Lewis.
elected
Phillips,
first
Witherbee Sherman Corp.—Tenders to Sept. 28—
'-Income
1943.
20,
National
Canadian
for
relationships ; with
—V.
Operating
3; 3../ ;/.////. ,, / /.//. ■. //l,:/
was made
for excess profits taxes for either
■
the
with
opportunity
Vice-President in 1941, has been appointed head of the Pittsburgh divisions, succeeding A. Cl Streamer,
who
was
named
Assistant
to
the
President
with headquarters
in
I.
in
provides
(Including
Thomas
the
of
holders
in the event of any diversion of traffic to the twin ports
against-the Twin Cities route,
It also affords a direct connection
an
Westing house Electric & Manufacturing Co.—Official
1,091,879
the
Newcomb
were
board, J. C. Willever, First Vice-President, and director, and
McKisick, who was Secretary and a director.—V. 158,.p. 1182.
,
$1.34
outstanding
stock
mon
lies
states,
This
ports.
Receives-New Post—
/'
contention
the communi¬
Nevin, "does not establish
Judge
this
protection
as
tive
'<
evidence," said
competition
$2,607,829
requirements
the
twin
the
shares of
cations
in
The primary value to the Wisconsin Central of the
division,
ceived
$3,699,708"
amort
successful
outstanding.
?'v.'^
Nevin Sept. 16 dismissed a Department of
permanent injunction to restrain the company
a
tracts in question herein, either singly or taken together,
1,214,703
$1,801,172
1,091,879
taxes on
and
/;•
for
"/// ./•//''•/;/.///'■, /-
;
Jr.,
offer
Robert R.
Judge
/- /./
;
Hall,
•
Telegraph Co.—Cleared Of Anti-Trust
collectively an implement in a conspiracy to monopolize
1942
$7,242,431
...
dividend
be
roads, hotels and office buildings, while not illegal individually, formed
in
1943
$3,867,822
946,546
1
:
......-
Reserves
Preferred
31—
earned
2,489
etc., $305,867;
recapitalization,
well as on.i
the first liens of the1
the Superior & Duluth
under
general bond/ would; receive somewhat smaller allotments of the new
bonds and possibly less cash.
The effective date of the plan would not be earlier than Jan. 1, 1944,
and not later than' Janz l, 1945.
/' ;•'?•.•;•';/•'/// / '•/•''./A/"/ •:'"
The
$1,037,952;
reserves,
$21,830;. 7%
$100), $864,900; common stock (par
(par
surplus from
petition
communications
8 Months Ended Aug.
should
194$
Sheet, June 30,
than, those
first mortgage and
is headed by Joseph R, Warner and includes
and Frederick W. walker says: "However, hold¬
ers of the first and
refunding bonds have asserted a claim to a first
lien on substantially all of the equipment.
In the event that they
alleged violations of the Sherman Anti-Trust Act, The Govern¬
ment had charged that the companv.'s exclusive contracts with rail¬
Estimated Consolidated Earnings for the First 8 Months
'
;
deposit, $253,652;
on
payable,
stock
..
substantial
to
83,614
;w///
'
committee-which
S.
from
V ///;/
announces that the dividend declared on the common
be considered as establishing a regular dividend rate. /
company
89.773
•
Dr$20,990; total, $4,825,887.—V. 158, p. 683.
Charge—
stock.
is not
The
Samuel
$1.98
surplus, $516,329; common stock reacquired and held in treasury;
shares at cost,
1
common
preferred
$2,100,000;
$20),
Shares—Earnings for First
..
Balance
and
Liabilities—Accounts
/ /
9'r
The directors have declared a dividend of 75 cents per share on the
common
stock and the regular quarterly dividend of 87V2 cents per
share on the preferred stock, both payable Oct. 15 to holders of record
Seph 30.
Like amounts were disbursed on April 15 and July 15, last.
In preceding quarters, the company paid dividends of $1 each on the
.
hand
on
Western Union
&
$265,220
$2.95
accounts receivable,.
$625,544; inventories,
$2,693,092; other assets, $45,328; real estate,
not
used
in
business, $4,989; deferred charges and' prepaid values,
$12,282; fixed assets, $1,191,000; goodwill', $1;. totals $4,825,887.
Assets—Cash
1181.
Refining
Common
75
$363,054
other
lines
;/■
•mortgage.
on
on
Inc.—V.
19,194
103,513
$1.97
Consolidated
Sept. 21 announced the appoint¬
ment
of Clay Brown as Assistant to the President.
Recently, Mr/
Brown had been Vice President and Manager of the Plywood Division
Products,
17,397
439,500
share
common
cumulative
Wood
13,839
*544,250
taxes
total, $4,227,652.
Corp.—New Executive—
President,
$387,927
$819,952
$820,346
...
$262,257
for
profit
Earned
preferred capital? stock (pa$ $1001, $873,300; common stock
$2,400,000; capital surplus, $328,546; earned surplus, $246/
205; total, $4,227,652.—V. 158, p. 1181.
■.■;V
••//
United States Plywood
24,491
first
a
railway
Marshfield & South Eastern
$363,436
/
receivable,
$10),
of Smith
all:'the
nection
1942 '
'
-$785,181 /" $793,654
35,165
/•: 26,298
paid; /•//-•//////
Interest
Provision
notes
1943
credits;////////.,/.
Total
////
$91,932;
Ottinger,
due;
Equipment
on
letter the committee states that in formulating,
position that the first general mortgage,
lien 011 substantially all of the equipment, subject
proposal it has taken the
constitutes
at
are
1943
$525,185;
deferred assets, charges and deposits, $60,696;
Lawrence
A,
1941
Net sales
$18,796,112 $16,990,883 $14,265,431
Prime cost Of goods sold (less disct.)
15,947,479
14,065,884
12,001,170
'•Operating expenses
2,063,452
2,131,345
1,900,825
"Prov.
'
series
bonds,
(& Subs.)—Earnings—
Years Ended June 30—
Operating profit '
Liabilities—Accounts payable,
$221,378; payroll and commissions,
real estate, personal and social security taxes accrued, $56,825; current
period Federal capital stock and Federal income taxes accrued, $9,466;
Board
bf
Hudson
River
Regulating District—Sacandaga Reservoir,
,
3%%
mortgage
have been called for redemption as of Oct, 9, 1943, at
Payment will be made at the Harris Trust & Sav¬
.
Income
taxes
1936 would
would receive for each *
4s of 1959
only to the presently outstanding equipment obligations, as
interest.
;
tpar
•'%■;///./ '.-■•/'.; './•
,//
-
'
'
///;,; /./•"••.. ■/.
May 29,
•
$7,410; accounts receivable, $577,502; merchandise inventory, $794,843;
investmehts—stocks and bonds owned,, $190,200; fixed assets, $2,071,-
816;
par
no
$23,559
92,462
•
*
of prior years.
"Includes $48,871
•
stock,
B
the $1.35
on
Western Grocer Co.
29,445
dividends—
Preferred
on
class
record Oct. 1. This is for the
1943, incl.
Similar distributions
March 1, June 10 and Aug. 28,
the
with
1,479
60,386
income
Net
>
150,757
106,701
50,828
taxes..-
income
of
1,
Bank, trustee, 115 West Monroe St., Chicago, 111.
presentation and surrender of the above-mentioned bonds at
time prior to redemption date, payment will be made at 105
interest to Oct. 9, 1943.—V. 158, p. 1079.
...
and
91,327
106,927
deductions....
Other
cumul.
$2.50
holders
98,686
,110,476
'/
5,716
-rf
Exchange
its accompanying
In
on
declared
also
1,
1969,
1,
any
Cr32,895
132,169
exps._
gen.
the
on
to
share
per
the only
are
share
per
/
and
ings
$304,064
Cr64,744
145,453
Depreciation
1C5
- t.—-
$381,626
expenses
Admin,
15
$1.25
Upon
Cr75,227
sales
income :
Federal
4,829,472
3,781,271
of;jsales—__r„
Selling
Oct.
Feb.
of
May
May 25,'40
Net "sales
of
$1,000 amount; 10.216 shares of capital stock.
The first and refunding mortgage 5s of 1959 would receive 8.2696*
shares of the new capital stock.
The interest coupons of the 4% bonds purchased and held canceled',
by the Soo, it is stated, have no equity and are not entitled to par¬
ticipate.
t
No allowance is made for the present-preferred and common stock
which are said to have no equity and not entitled to participate.
Dividend—
"B'
of
dividend
a
Feb. ,1, 1943 to Aug.
on
the class B stock
1079.
p.
All
May 29,'43
profit on
Co/—V. 158, .p. 400.
declared
have
directors
cents
payable
United Paperboard Co. (& Subs.) —Earnings-
Gross
Norman
West Texas Utilities Co.—Bonds Called—
Years Ended—
Other
outstanding certificates representing shares
stock, although certificates issued after the
change of name will reflect the change
which
year,
The
67Va
-V.tt158, p. 1181.
Cost
"Van Norman Co." will have no effect upon
accumulations
mad,9
this
3,822,615
$7,472,537
942,676,
$1,331,938
of
payable
value,
period from
$2,274,614 $11,277,494 $10,004,153
$1,303,795
stock.
of
Terms
10, the form of the
to
directors
account
•/.•///■•/■/■/ / 7 ./•' '/ //•.
943,009
—
income
v'
,
mortgage bonds would receive
cash, $500 in new first mort-;
bonds, $650 ; in new general mortgage income bonds and 1.625
■The first and refunding mortgage
16.
common
"Van
to
name
were
// /
other
9,896,231
>
Question
•
$1,024,988
2,254,412
of
Warren Brothers. Co., Boston—$1.25
654,100
$1,381,263
$2,246,804
-—..
and
interest
109,700
$20,202
2,168,755
t net)
deductions
.
106,100
$78,049
;.,:
approp.
reg.
oper.
50,5%.
be
new
./ Under the plan holders of the first
for each $1,000 principal amount; $192
Tool Co.—Changes Name—
presently
change of name
validity
the company's
Of
791,180
734,795
762,613
769,723
57,242
the
of
debt
Superior & Duluth Division and Terminal mortgage 4s of
capital stock.
effective date of the proposed
$1,764,580 $11,074,979 $10,633,586
1,390,202
7,511,380
.7,428,523
$1,876,530
1,372,385
revenues
taxes—108,771
Federal
Net;
7
,
the
capitalization
obligations, also undisturbed;
below,
special meeting of stockholders, held Sept.
a
The
$7,741,123
Earnings of Company
Period End. July 31—
the Soo and Wisconsin Central.
■
of Wisconsin Central under the plan of
between
new
general mortgage committee would consist of $10,098,500 of first
mortgage bonds;
$246,000 of Marshfield; & South Eastern mortgage
4s of 1951 which would be undisturbed; $1,442,512 of equipment trust
first
s:-
company's name was voted changed to "Van Norman Co.'*
became effective Sept.
$1,443,113
:
receive 10.216 shares of new
con-
surplus
obtained
be
agreement
•
Bal.
shares, or a little more than/30^. Additional control
by
the Canadian, Pacific ^/through an operating,
of 253,869
would
payable July
Van Norman Co.—New Name—
Net
issue
of a total'
plan 82,696 shares of new common out
under the Wisconsin
• -
hand, '$4,821,263;
on
1, 1943, $120,424; affili¬
ated
companies accounts payable, $634,319; other accounts payable,
$962,027; reserve for Federal income tax 1943, $410,952; reserve for
contingencies, $138,649; preferred stock ($100 par), $6,021,200; common
stock (145,241 no par shares), $1,479,305; earned surplus, $6,874,216;
total,. $16,641,092.—V. 156, p.' 1160.
/. //
■/£;//,//■•''■
12,719,740
$1,675,455 $11,899,773
147,901
364,253
$2,375,053
revenues(net)__.
oper.
Other
12,283,944
banks and
in
Liabilities—Preferred
retire, and
Prop,
1948
Sheet, June 80,
marketable securlties, $586,628; U. S. Treasury tax notes, $280,000; other U. S. Treasury
bonds, $50,000; trade and general accounts and notes receivable (less,
reserve), $4,306,412; notes receivable, $124,325; affiliated companies
account and notes receivable, $1,323,701; inventories of tobacco, $1,152,657;
deferred assets, $493,557;?• investments,
$2,166,542; sinking
fund for preferred stock, $20,343; fixed assets, $1,315,664; goodwill, $1;
total, $16,641,092.
'•■
\ •: /
•*-/'//•
Assets—Cash
Light's
United
Balance
Consolidated
preferred stock. Otis & Co. became a party
dissolution proceedings before the U. S. District
Wilmington and is said to have filed notice at that time;
the company's
of
shares
to
Monday^September 27, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
1286
war
30,
restricted
bank
shipment, $1,090,077;
compensation,
on
income
(less
accounts/ $3,105,025;
sundry payables, $114,-
$892,025;
tax
notes,
etc.,
other accruals, including royalties, property
$678,943; deferred income, $339; capital stock
910;
earned surplus, $5,849,247; total,
801;
.
current
■
year
$2,300,000),
and
(no
pro¬
$475,-
excise ' taxes,
pari,
$32,426,540.—V. 157,
p.
$3,609.-
2460.
Volume
158 : Number
4215
THE, COMMERCIAL & FINANCIAL CHRONICLE
State and
1237
City Department
^
ft'' *■
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Alabama
.Large
Surplus
Treasury
ported—An
Re¬
been
hold the
now
total
by
compared to the previous fiscal
period,-/after reducing non-oper¬
ating expenditures for both years.
Expenditures last year were $40,201,087.10 compared to $33,251,-
placed
This
The bulging vaults of the State
dented
estimating that
on deposit.
fund, he explained, would
apply on the March 1, 1944, ma¬
turity
of
bonds
and
interest
article
appearing in
the Birmingham "News" of Sept.
12 reported in part as follows:
Treasury
director
way
the end of the fiscal year, Sept. 30,
a
fund of $650,302.50 would have
(State of)
863.84 for 1941-42.
plained
amounting
to
$1,150,902.50.
Monthly deposits of $125,150 will
unprece¬
of
$44,161,526.09 in
cash and bonds, representing Ala¬
bama's surplus monies as of Sat¬
be
made
between
January to make
October
the
up
item
pointed
differ¬
than
:f
out
Gov.
Sparks
20
January, the surplus has sky¬
rocketed from approximately $27,000,000, or an increase of $14,000,with
much
of
the
Bros,
a
of
Birmingham,
j
f
Of
more
than
$44,000,000 on
hand, $6,430,000 has been invested
53
School
District
(P.
O.
Bonds
Approved
—
The
State
Board of Education is said to have
approved
$43,000 issue of school
a
bonds.
Comptroller, that all of the out¬
Bonds to "Back the At¬
standing 4% tunnel revenue an¬
tack" in the Third War Loan drive
ticipation bonds, dated May 1,
launched last week, it was pointed
1939, maturing May 1, 1969, bear¬
out
Newport Street Imp't Dist. No. 13
Lusk.
crued
in
War
.
(P. O. Newport), Ark.
Bond
.
by State Treasurer Walter C.
Under
the
Carlton
Act
ing interest at the rate of 4% per
annum, payable semi-annually on
the first days of May and Novem¬
(spon¬
sored by
Marengo's State Senator
D. Carlton), $6,250,000 of the
O.
of
outstanding income
refunding bonds when they
due.
Lusk
explained
that
on
State
also
of
funds
War
in
has
Bonds,
for
the bonds of
these
well
$30,000 of the sales tax token
heretofore
which
on
Bonds,
total" invested
$3,000,000
-
,
in
as
re¬
of
being
credited
War
on
a
rest
tional
ties
on
coun¬
from
in
money
these
bonds
on
at
to
date
the. income tax fund still
has $1,135,458.09 left; there, is $6,177,784.03 piled up in the sales tax
;
fund, with $6,562,654.57 set aside
the
special
educational
trust
fund for schools, together with an
additional
called
$1,874,898.98
in
.
this
for
on
said
bonds
from
and
holic
'
derived from alco¬
beverage sales profits.,..
All of which shows
a
very
Increased
•
ported
in
report
Cash
the
State
of
California
Total current assets of the State
August of this
the
at
compared with $20,980,000 a
earlier, while cash declined
year
slightly in the year-to-year com¬
parison, to $5,555,285 from $6,859,737. No registered warrants were
outstanding, and the current debt
position was 100%, there being
none,
as
the
was
case
a
earlier.
to
month last
same
sales
and
and
use
tax
and
re¬
from
corporation
franchise
and income tax totaled
Re¬
$7,515,868,
the
preliminary
held
amount
in
the
post-war, employment
financial
fund.
that
State's
cal year draws to an
Director
Robin
Swift
last
week
way,
bonds
that
these
high¬
securities
would be paid fully and promptly,
Respite
sharp decline in gasoline
resulting from war re¬
a
revenues
strictions,
Swift,
Tucker
worked
'
.
V
.
Finance
■,
.
,
Director
and Treasurer
out
a
plan
to
'•
•.
Hayse
Lusk
set
■
have
up
a
sinking" fund to meet payment of
'bond maturities, with the high¬
Toledo,
fund's
receipts
from bank and corporation levies
rose to $7,020,600 from
$3,886,041;
by $5,688,992.49 during the fiscal
from inheritance taxes, to $1,374,ending June 30, according to
480 from $472,434; from motor ve¬
figures compiled by State Comp¬
taxes,
to
troller J. Bryan Sims..■ hicle ; transportation
It revealed that .total balances $995,450 from $795,852 and mis¬
their:. all-time
peak
of
.
cellaneous, $1,204,660 from $827,960.
;v
v..:
/
.Non-revenue receipts in August
totaled
$42,259
and
compared
with
;
$379,210
The
total
a
Boettcher
Auditor has until Oct.
1, after the
close of the fiscal year, so that
final examination of the records
time.
funds
some
made
until
after
There will also be
and
of
that the
cancellations
the
950,000
that
some
re¬
affecting
treasury accounts-'so
report will be subject to
minor revisions at
There
was
an
&
Co.,
of
&
Christensen, of Denver, Mullaney,
Ross
&
Co., of Chicago, Newburger, Loeb & Co., of New York,
First
of
Cleveland
Corp.,
E. Baldwin announced
a
later date.
increase
of
in expenditures last
$6,year
El
Bonds
Evan
3.22%;,
,,
The'Vbonds
awarded
were
.
as
follows:
$1,390,000 maturing July
1, $60,000 in 1945, $125,000 in 1946
and 1947, $140,000 in 1948 to 1950,
$160,000 in 1951 to 1953, $180,000
in
1954, as 3V2S, $3,510,000 matur¬
ing July 1, $180,000 in 1955 and
1956, $200,000 in 1957 to 1959,
$220,000 in 1960 to 1962, $240,000
in 1963 to 1965, $260,000 in 1966 to
1968, $280,000 in
1970,
as
3V4S,
maturing July 1,
$300,000 in 1971,
1972 and 1973, as
1969, $110,000 in
and
$1,100,000
$170,000 in 1970,
and $315,000 in
3s.
Lemon Cove School District
"
Visalia),
■
annual
sale
on
accumulated
an
469,463
in
which
a
surplus
the
$4,492,342
will
held
be
as
$7,639,457 transferred to
reserve,
337,667
of $16,fund, of
general
the debt retirement
fund, and $4,-
earmarked
post-war
finance
to
construction
and
other
activities.
Of the money set aside for the
debt
retirement
and
post-war
funds, the Governor said, $11,000,will
000
States
be
invested
Government
the current
in
United
bonds
loan
war
Talbot
during
drive.
$3,000 semi¬
building bonds offered for
Sept 21—v. 158, p. 1029—
a
San
Francisco,
price of 100.261,
about
1943.
1945
Hannaford
to
1.91%.
Dated
Due
$1,000
1947, incl.
to
Sonoma
on
with
&
2s,
a basis
Sept. 1,
as
Sept.
in
1
tolls
and
Department
way
State's
other
bonded
present
High¬
receipts, ' the
indebted¬
totals
ness
$15,702,000. Previously,
the State had allocated $8,062,542
for the retirement of that debt.
The
State
attention
Treasurer
"the
to
directed
splendid
cash
of the State," with $35,004,364.51 on hand at the close of
position
the fiscal year.
"We
to
setting a good example
citizens," Governor Bald¬
said, "not only by buying
are
our
win
War Bonds, but by paying all our
debts, and by setting aside what'
have
we
left,
thing for
"The
to
provide
some¬
rainy day.
a
post-war
fund,
purposes
which thus gets off to a good
will be
the
start,
important nest-egg for
an
State
period
in
government
that
immediately
the end of the
the
follows
war.
"By thrift and planning, we will
have* provided funds, which not
only will be extremely helpful in
promoting post-war employment,
through public works, but we also
will
have
provided
period
a
of
taxation
"It
cushion for
a
possibly
dwindling
revenues.
is
of
part
a
post-war
our
planning program, to make this
fund large enough to meet all re¬
quirements, so as to make unnec¬
essary the levying of new and ad¬
ditional
in
taxes
the
period
im¬
mediately after the war."
Winsted, Conn.
Reports $68,000 Debt Reduction
—The
Calif.
of
highway
a h d
bonds, which willbe re¬
bridge
tired
of
of
paying
of
Exclusive
(P. O.
Sale—The
awarded
were
indebtedness
Winchester
Winsted
was
of
and
the
the
reduced
amount
of
since
of
by
$68,000
which end¬
town
total
a
$203,000,
the
consolidated
were
Town
City
during the fiscal year
ed Sept. 1, 1943, leaving
indebtedness
lowest
and
city
a
new
and
charter adopted in 1915, according
to
figures
Treasurer
County (P. O. Santa
Rosa), Calif.
Notes
compiled
Wallace
Last year
by
Town
W.
Taylor.
the indebtedness was
Sold—It
is
reduced by
■ ,
,
reported that
$300,000
tax
anticipation
notes
purchased recently by the
were
American
Trust
Co.
of
Santa
$61,000,
<
'
During the past fiscal year,
$48,000 of the town and city bonds
were paid
off, cash on hand was
increased and there
tion
Rosa, at 0.49%.
outlays
for
govern¬
Centro), Calif.
Voted-—It
is
by
approved
the
issuance
of
the
$6,000,00(3
electric
revenue
bonds by a margin of about two
one.
?•
Sale
semi-annual
—
The
electric
$6,000,000
revenue,
Eigth Issue bonds offered for sale
was
County Junior College
District, Colo, i
$15,000,000, and
debt
Man¬
of the District is calling for
payment on Oct. 1, at the United
States
the
National
in
Bank
of
Denver,
district's
33A%
building revenue
bonds, numbered
Dated Oct. 1, 1938.
Due
and
1954 and
4%
1955.
41/2
of
$68,000
mills.
The
year
that
town
debt
Connecticut
re¬
is¬
of the Hartford "Courier":
on
has
now
hand
for
the
The
indebtedness
amounted
to
well
in
dollars
the
town
of
the
over
the
had
town
half
a
late
20's
built
the
and before that there had been
standing Debt—The following
port appeared in the Sept. 21
bonded
rate
Green Woods and Central schools
(State of)
Funds Available to Retire Out¬
money
tax
22.1
mills.
after
CONNECTICUT
than
more
the reduction in
represents about
mills, indicating
the cost
of operating "the
for the year, exclusive qf
reduction, was about 17.6
was
million
Connecticut
reduc¬
a
of delinquent
';A; •\
•; k
■ ;
The grand list of the town and
ager
sue
Bond
amount
taxes.
T.
.voters
the
city amounts to slightly
Pueblo
;
81 to 96.
stated
in
'
COLORADO
Hewes, President of the
Board of Directors, that at the
election
held
on
Sept.
16
the
to
today.
State Treasurer Carl M. Sharpe,
the Governor said, has reported
of
Cleveland, Cruttenden & Co., of
Chicago, Thomas & Co., Moore,
Leonard & Lynch, both of Pitts¬
burgh, Martin, Burns & Corbett,
of Chicago, Kalman & Co., of St.
Paul, J. M. Dain & Co., of Minne¬
apolis, Thomas Kemp & Co., of
Los Angeles, Fox, Reusch & Co.,
of Cincinnati, Dahlberg, Durand
& Co., of Tucson, and F. Brittain
Kennedy & #Co., of Boston.
The
successful bidders paid par for the
issue, a net interest cost of about
Bond Call—The Business
■
cannot*be
Dickson
Co., of Denver, McDonald-Coolidge & Co., of Cleve¬
land, Stone & Youngberg, of San
Francisco, Ryan, Sutherland
&
Co., of Toledo, Peters, Writer &
earlier.
year
ment
Mr.:, Sims explained in the re¬
port that under the law the State
a
S.
something aside for the
period, Gov. Raymond
post-war
.
the last fiscal year State revenues
•
R
Charlotte, Illinois Co., of Chicago,
First of Michigan Corp., of New
York, Bosworth, Chanute, Loughridge & Co., of Denver, AllisonWilliams
Co.,
of
Minneapolis,
general
operations were reported at
$43,439,074.97,.-slightly more than
$900,000 greater than for the pre¬ $32,539,494 as against $12,942,966.
end Sept. 30.
vious fiscal year.
-V.
Imperial Irrigation District (P. O.
assured holders of Alabama
&
vear
rosy
Highway Bonds—State Highway
Francisco, John NuCo., of Chicago, Stranahan, Harris & Co., Inc., of Toledo,
B. J. Van Ingen & Co., of New
York, Blair & Co., Inc., E. H. Rol¬
lins & Sons, of New
York, A. C.
Allyn & Co., of Chicago, Otis &
Co., of Cleveland, Dean Witter &
Co., Weeden & Co., both of San
Francisco, Paine, Weber, Jackson
&
Curtis, of Chicago, Stone &
Webster and Blodget, Inc., Estabrook & Co., both of New York,
Barcus, Kindred & Co., of Chi¬
cago, Braun, Bosworth & Co., of
reserve
State financial picture as the fis¬
*'
Blyth & Co., Inc., Kaiser & Co.,
setting
.
The
available cash balances in all Ar¬
kansas State funds had increased
941—were
p.
syndicate composed
both of San
veen
Bond
Revenues derived from
bank
a
year
$44,829,224 from the $41,010,224
tail
of)
of
,
Revenue receipts in August rose
-
year.
State's
included
year
$65,757,000 in bond investments
par,
after
disclosed; recently
on
report by Harry B. Riley, State
for
shall
Balances
Funds,—A
on
condition
reached
.
'
Controller, showed.
ARKANSAS
,
was
a
Na¬
V
;K,
V ;'VLiquor revenues are; paid out
June; 30 for regular State funds
periodically to the counties, mu¬ and
special ' funds- amounted to
nicipalities and State, but Lusk's
$36,861,607.17 -compared to * $31,records
showed $4,345,927*44on
172,074.68 June 30, 1942. During
hand that
fund.
the
$42,288,481,
re¬
Mobile,
Arkansas (State
that
of
(State of)
$96,564,615
reported for the
earmarked,
disclosed
totaled
called.
tories. But most of this money is
books
of
cess
called
Merchants
of
accrue
banks designated as State deposi¬
in
so
the
Bank
cease
and in vaults of various Alabama
Treasury
are
surrender of said bonds
Interest
bonds, the State has $37,731,526.09
"cash on hand in its strong boxes
the general fund (money available
for general uses) has $4,066,182.25;
bonds
will be paid upon the
presentation
and surrender of such
coupons.
like basis.
a
Aside
.
the various
to
These bonds
office
Co., Little Rock.
Excess Close to $100,000,000—The general fund cash ex¬
Mobile,
Ala., or at the Irving Trust Co.,
New
York.
Coupons maturing
Nov: 1,:-1943, and prior thereto
through other banks in the State
and credited
said
coupons,
handled
was
the
at
Cash
negotiable form,. accompanied
by all May 1,-1944, and subsequent
population basis, Lusk
said. V The
$100,000
and
in
Jefferson County bond sales cam¬
paign
1
Worthen
CALIFORNIA
called for redemption
were
May 1.
Nov. 1,
the
to
Oct.
B.
California
together with a pre¬
mium of QVz% of such
principal
amount, will be made on or after
through Birmingham banks, with
$1,015,000
W.
of
demption,
handled
was
after
purchased
and
num¬
1941.
Holders
are
requested to
present them for payment on and
all
constitute
refunding bonds,
Aug. 31 last,
in accordance with the
provisions .exclusive of r $25,000,000
appro¬
of
Article II of "the
resolution
priated from the general fund and
adopted on June 20, 1939, provid¬ set aside in the war
catastrophe
ing for their issuance.
reserve, and is more than double
Payment of, the principal amount the
year-ago figure of
already having author¬
the
$5,500
called
so
payment at par and ac¬
interest on Oct. 1 a block
issue of $2,600,000
an
been
cancelled
ity to make these purchases.
Of
redemption
date,
redemption
bonds
for
bonds, consisting of 2,600 bonds of
$1,000 each,, numbered 1 to 2,600,
except $23,000 bonds which have
demption fund in securities to
help
speed
victory—the
State
Treasurer
The
are
invested
as
1.
for
Call—The district is call¬
bered 52 to 62, issued by the said
district
under
date
of April
1,
payment
called
tax
retirement
teacher
been
Nov.
on
held
in
trust expressly
for re¬
demption
of
these
securities.
Authority to do this was given in
Carlton's bill, together with a Su¬
preme Court advisory opinion.*
The
interest
any
have
bonds have been registered in the
name of the State Treasurer to be
$150,000
of
ber in each year, and redeemable
State's income tax surplus was in¬
vested in War Bonds for redemp¬
tion
ing
awarded to
.
Carlisle), Ark.
Redemption Notice—It is
by H. G.
Ziegler, City
stated
No.
$48,500 issue of school
a
Carlisle
Mobile, Ala.
■
District
bonds.
price of 100.03.
* revenue
Bond
.
School
approved
as
Second best bid was an offer of
100.025 for l%s tendered by Marx
&. Co., Birmingham.
being funneled in from mark-up
profits on alcoholic beverage sales.
v-
State
previous
Bonds
Approved — The
State
Board of Education is said to have
awarded i to
were
1%'s, at
office
took
last
000,
Sept.
on
the
the
on
(P. O. Bearden), Ark.
that the $16,000 public im¬
provement bonds offered for sale
Steiner
Since
Bearden
City Treasurer
in
,
states
years.
the payment of
was
paid
was
year.
Fairfield, Ala.
Bonds Sold—The
largest -single
about larger
brought
$2,725,000 more in 1942-43
outstanding' bonds of the
ence.
before,
this
money has been poured into the
treasury by boom times and tax
machinery set up in Alabama for
normal, or, actually, sub-normal
that
The report ex¬
the
expenditures
and
urday.
As
that
Sept. 17—v. 158*
on
to
wipe
indebtedness
and
out
10 years.
to
Most of the
enough
its
begin
no
steady reduction of debt compar¬
able with that of the past eight
town
within
ing
department's of the
government
stayed
their appropriations
the
year.
The largest
well
dur¬
over-
WMMi*^w><n'iu»aai'
draft
took
$1,354.19 for snow and
was
101.344,
Harris
Chicago.
;'
'
.
,
KENTUCKY
,
.
,
ILLINOIS
ing a deficit on
;
Carbondale, III.
000,000.
'•
this item of $2,-
;
;
! !
,
sewage plant
revenue
bonds.''.
The
Bond
Approved—The
Issuance
President of the
Board of Education, that he called
McCahey,
payment on Sept. 17, the fol¬
lowing tax anticipation warrants:
Educational Fund, 1942, Nos. E325# to E-3860, dated Oct. 1 and
for
.
Fund,
Playground
1942,
Nos.
dated
P-340,
to
III.
Harp Tp. (P. O. Clinton),
Bonds Voted—At a recent elec¬
the
tion
voters
said
are
have
to
approved the issuance of $25,000
road improvement bonds.
presented will
par value.. '
from
Springfield
Sept. 20 re¬
on
''
ported as follows:
Illinois'
present
All bonds
redeemed
ho
tax on all oil pro¬
3%
Bonds
Offered
duced in the State was held con¬
stitutional today by Circuit
Called—City f Comp¬
troller R. B. Upham is said to
have mailed for payment on Sept.
the* following
City of Chicago,
Marion, III.
Bond
city officials are said to be mak¬
1942, " tax anticipation warrants ing preparations for the issuance
aggregating $2,923,000 to be paid of $30,000 3%% semi-ann. water
line revenue bonds.
' ; !
'!
on presentation through any bank
to the City Treasurer or the Guar¬
IOWA
Corporate
.;
1;V'.Denom. Rate
!'"!'
; " L
Ak'AAt'Ax
Collection
Increase
.
Numbers
:
Each
/
(%)
246A1/20 to 265A1/120
5,000
1%
1V8
I ts
26|SA1/100 to 269A1/50
1,000
V/&
242A15/20
$5,000
243A1/100 to 245A1/100 1,000
-
Tax
Sales
Expected
Continue—Sales tax
to
continue
will
1,
1
I
56A8/30 to 57A1/30
$1,000
1V2
5$Al/30 to 59A1/30
1,000
Ify
f
'"!»
$113,000
.
f
Poor
538 to'545
some
rise,
mer¬
$10,000
VA
5,000
1%
546 to 555
•
i ij
{
'
'
•
7
.
ing
year.
Sept;.''20, 1943.
at
>
Coqk-County (P. O. Chicago), III.
No5 Funds
Available
Payrolls—The
of'
Commerce''
to
Meet
Chicago "Journal
of
Sept. 22 re¬
ported
as follows:
AsJCook County
to
tinued
study
con¬
multiple
items for funding purposes, Victor
L.
Schlaeger,
county treasurer,,
announced yesterday that he had
declined " to
sign
the
payroll,
amounting
the
4
to $625,000, covering
days of September,
there
isn't any more
15
first
because
in the county treasury."
He also said he saw no hope for
money
paydays
until
boom,"
the
the next fiscal year,
though we're in for
said
Mr.
Grantham.
sales tax
"When income goes up,
collections go
beginning
of
Dec. 1, when
up."
Iowa
Offered—It
is
reported
that
bids were received by Paul
Sassaman, County Treasurer,
until Sept. 24, at 2 p. m., for the
of
purchase
$160,000
iunding
bonds.
The county/will furnish
M.
the bonds and the
A
certified
amount
approving.opin¬
check
in
1,J
''
arid
thereafter.
30
or
at
offered, payable to the
Treasurer, is required.-
County
which is suf-r
interest and
principal on said issue when due.
In addition, the County Board of
Education will pay for adequate
insurance coverage and mainten¬
ance of the properties.
The Coun¬
ty Fiscal Court, so long as any of
these
bonds
are
outstanding,
In
to
Wichita, Kan.
C. C. Ellis,
408.47
bonds
Sept. 20 and
First
by
City Clerk, that $143,paving and sewer
offered
were
National
for
■
sale
on
awarded to the
Bank
<
it by the Constitution.
circular
the
of
Chicago,
Education
bond
houses
report
.
.
.
are
ered.
Enclose
LOUISIANA
as
to be used to
Bond
E.
proving
Revenue, advised Governor
in
Johnson,
lows:
-
buildings as fol¬
bids
on
a.m.
the
.
four-year
a
at
that
administration
latter's
present only four counties are in
default, in contrast with the situ¬
ation
four
years
ago when
"15
counties had defaulted -on road
counties
bridge bonds and 18
and
headed for defaults." ' Since
were
that
reorganization
debt
27
time
amounting to more than
$5,500,000, have been approved
"to correct or prevent defaults in
25
counties," Mr. Luckett,. said,
The units presently in default are
the counties of Livingston, Clay,
Marshall and Trigg.
Mr; Luckett
issues,
1
stated:
further
"Counties
are
v
•
-
nearly
saving
cost
collecting all State taxes
of
been decreased
cents per dollar in 1938.75 cents per dollar in
Kentucky has
from 1.2
to
1939
1941-1942.
"To
our
"this cost
any
knowledge," he added,
is one of the lowest of
State,"
Another
Mr.
achievement
Luckett
years
was
cited
by
the discovery in
of $1,600,000 of unre¬
ported income tax liability
through intensive audit of 34,000
returns...
-
realized from
Mr.
work,"
'"was
;
sum
"This
Luckett
from
collected
audit
continued,
taxpayers
who,
through
inadvertence
or
otherwise, would not have paid
their share of the cost of State
cost
The
tax
of
revenue
reported,
2.5 cents per
cents
collecting
alone, the
in
follows:
$6,000 in 1944, $7,000 in
1948, $8,000 in 1949 to
1951, $9,000 .in-1952 to 1954, and
$10,000 in 1955 to 1958.. The ap¬
proving opinion of Wood, Hoff¬
man,
King & Dawson of New
York, will be furnished.
Enclose
1945
to
certified
a
income
Commis¬
dropped
from
dollar in 1940 to 1.5
first
is
on
for
the School Board.
3%
the
of
■
,■>
vA
to
.
New Orleans, La.
v
sion
Commis-
Election—The
Bond
issaid
Council
adopted
v
have
to
ordinance calling for
an
election-on Oct; 26 to have the
an
voters pass on
the issuance of $5
-
000,000 airport bonds.
;
;
MASSACHUSETTS
;
Massachusetts
Post-War
and
in
Reserves
Being
of
by
reserves
post-war public works
job relief
are
Massachusetts
State and
%
(State of)
Formulated—Financial
to finance
being built up
by reduction of
municipal debt, instead
of large fi¬
accumulation
nancial
surpluses
sales taxes
other
as
derived
is the
case
in
from
some
Leveretfc
Saltonstall declared in addressing
the
States,
Governor
Massachusetts
Co-operative
Bank League.
,
Saltonstall
Governor
has
,
'
con-*
sistently opposed imposition of a
■;; ;
sales tax in Massachusetts.
Massachusetts cities
reduced
their
debt
the
four
years
last
and
towns
$50,000,000 in
and
are
ex¬
pected to effect a further reduc¬
tion
of
cording
$25,000,000 this year, ac¬
to the Governor, who
that the State reduced
added
from
$40,000,000 in
its
1938 to
than $20,000,000 at present.
Municipalities had cash reserves
less
of
$40,000,000 on hand January 1
he said.
of this year,
1942.
MICHIGAN
volunteer,
Coast Guard patrol in the
Commissioner
check
of the bonds, payable
amount
debt
government services."
the
school
10
Commissioner of
Keen
report F-A. Denomination $1,000. Dated
covering revenue activities of the Aug. 15, 1943. Due on Feb. 15 as
Luckett, Acting
original bond is¬ sioners and 28 suvervisory changes
within the department in 1942sues were used to defray part of
Lieut H. Clyde Reeves, the
the cost of constructing and im¬ 1943.
of
Sealed
—
until
2, by H. A. Norton, Secretary
Parish School Board, for
the purchase of $125,000 building
and
equipment
bonds.
Interest
rate is not to exceed 4%, payable
of
The
department, Mr. Luckett
Holding Company
Bonds, which bonds were issued continued, has maintained a uni¬
originally in the amount of $345,- fied policy of tax administration,
000, the balance of $56,000 hav¬ despite war demands that created
ing been retired.
Proceeds from the necessity for three Commis¬
sale
Offering
received
be
21
La.yA'M^'
(P. O. Lake Charles),
Nov.
Restored—J.
Credit
County
check
certified
a
Calcasieu Parish Sch. Dist. No.
refund $289,000
the
!
$500.
will
•V;
Kentucky (State of)
sioner
issue
on
to the county, interest
and premium
duly consid¬
rate
yearly the budget of the
of Education of Daviess
,
describing the is¬
proceeds from the sale of
this bond
stated
1 lA %
were
all
to perform all duties im¬
"The
is
pay
upon
a
The
must
Statutes.
"
and in¬
bonds will be
the bid of greater ad-
vantage
the
by
it
upon
of
Board
four
sue,
Sold—It
for
in
follows:
KANSAS
Bonds
long as any of these bonds are
outstanding, agrees to perform all
and
to !
event
no
the
and
terest;
awarded
pay
coverage
imposed
unconditional.
be
must be for less than par
for adequate
and mainten¬
ance
of
the
properties.
The
Daviess County Fiscal Court, so
will
Education
must
reject all bids, which in
Board of
this, the Daviess County
originally in the amount of
$345,000, the balance of $56,000
having been retired.: These bonds
are
payable solely from and se¬
cured by an exclusive pledge of
the gross income and revenues de¬
rived by lease of said properties
on
a
yearly basis to the County
Board of Education by the Fiscal
sued
agrees
principal on this bond
due.
In addition to
when
issue
operations. Three counties saved
$250,000
through
reduction ' of
principal plus deficient interest.
Savings such as these mean a
great deal to the taxpayers,";
Mr. Luckett revealed that the
on
bonds, which bonds were is¬
posed
county reserves the right
$100,000 annually in interest alone
as
a
result of
the refinancing
the First-Owensboro
Co., Owensboro. Is¬
sued for the purpose of refunding
a
like amount of Holding Com¬
pany
bids
The
102.50
and
interest
Principal and interest
and interest
1953,
The
all in¬
1, 1948; 103.00
before April 1,
before April
or
an
equal to 2% of the bonds
anticipation warrants at a price of 101.537, a basis of
can
be
s o I'd.
Commissioner about 0.95%. Dated Sept. 1, 1943.
Maui ice Kavanaugh, chairman of Due on Sept. 1 as follows:
$14,th'e county's finance committee, 408.47 in 1944, $15,000 in 1945 to
tax
unore
on
is $22,815.10)
rental
the
1958
which is sufficient to pay
days' notice at 103.50 and interest
011
ficient
Bonds
ion..
officials
their
as
.
stops
call¬
interest payment date
order
an
rental of $24,000 per year
Court of the County,
gain of $750,000 over the preced¬
$130,000
interest
of
of $19,475,959.59
yielded
Wapello County (P. O. Ottumwa),
______
.
Actrual
total
record
by Iowa's 2% retail
sales tax during the fiscal year
ended
June
30, representing a
a
Relief
'
are
Bank & Trust
to
lines, it was predicted by
Grantham, Chairman- of the
"It looks
-
any
payable
A
Sanatorium
on
in inverse numerical
H. A.
was
•:
All of said bonds
A-O.
chandise
in
shortages
despite
$2,680,000
Municipal Tuberculosis
LiShh yyyL.y,
$1,000. D'a ted
1943.
Interest payable
collections
State Tax Commission
]':?m
1955 and
Denomination
Oct.
able
Iowa (State of)
::V'y
in
1956, $23,000 in 1957, and $18,000
in 1958.
.
anty Trust Co., New York:,
County,:'at
Daviess
Board
$19,000 in 1949, $18,000 in
1954, $22,000
of Cutler, of Chicago, and the tran¬
annual script of the' 'proceedings upon
(except which said opinion is predicated.
Education by the Fiscal Court
County."
the
in
Attorney;
.
Public—The
& Boyce, both of Louisville, are
offering for • general; investment
000
by Sampson B, Knuckles, County
approve
1950, $20,000 in 1951 to 1953, $21,-
Pending—The
Insurance
,
• for
the purchase of
$31,000' funding bonds..
Interest
rate is. not to exceed 3% %, pay¬
able J-D. Denom. $1,000, Dated
June 1, 1943, Due on June !! as
follows: $4,000 in 1958 to 1964, and
"These bonds are payable sole¬ $3,000 in 1965.' Principal and in¬
ly from and secured by an exclu¬ terest payable at the Fidelity &
sive pledge of the gross income Columbia
Trust Co., Louisville.
and revenues derived by lease of The county will furnish at its own
said properties 011 a yearly basis expense, the bond forms, the ap¬
to the Daviess County Board of proving opinion of Chapman &
State
Bankers Bond Co. and Stein Bros.
follows:
Warrants
20
Judge
-
and a closed statutory
mortgage lien has been created on
the land and buildings, including
all further additions in favor of
the bondholders.
'!& i:■? v;!!'
Constitution
(P. O. Owensboro), Ky.
to
/
be received until 10 a. m. on Oct. 5
Kentucky Revised
the
of
duties
following refunding bonds ag¬
$86,000 2!'2%
L. E. Stone in a test case which gregating $289,000:
school
building revenue bonds.
order that same may be verified attorneys said would, be appealed
Due April 1 as follows: $17,000 in
and interest computed so that cash immediately to the State Supreme
Court. Nearly 50 individuals and 1944, $16,000 in 1945, $18,000 in
warrants drawn on the City Treas¬
have poured more than 1946, $17,000 in 1947 and $18,000
urer
rriay be issued in payment firms
in 1948.y?/■ ,
thereof.
'"•■V,A \-'V_'::-V'r\z ■
'.!"■ $8,398,000 in oil taxes into" a pro-,
$203,000'2%% school building
test fund since the Act became
revenue bonds.
Due April 1, as
!•
^
Chicago, III.
effective July 1,1941.
cago,'tRoom 352, 228 No. La Salle
St., on or before Sept. 16, 1943, in
162.300
,
.
Bond Offering—Sealed, bids will
;
Statutes,
at
!./'
bonds.
schools.
These
bonds are issued in ; accordance
with
Sections
162.120
through
so
County
r
Bonds Approved—It is reported
a
County
insurance
dispatch
Press
the
in
Dated Nov. 1, 1938. De¬
nomination $1,000. Said bonds are
to be presented at the place of
payment designated therein on
Nov,' 1, with coupons maturing
$62,000.
County (P. O. Barbourvilla),
Avenue
Carver
70% of the students enrolled
over
terest and
J.
thereafter attached.
Knox
reported that Hanry R. Lynn, State Local
estimated value of about $650,000 ill nance Officer, nas approved the
j
and furnish school facilities to j issuance of $31,000 3%% funding
Kaufmann calls for
payment on Nov. 1, 1943, 3^4 %
school
building
revenue
bonds
Nos. 29 to 90, to the amount of
George
Constitutional—
Held
Tax
Associated
at
"These schools have
in
Call—County Court Clerk
Daviess
Oil
An
Alexan~
Illinois (State of) '
"
■'I
them to the
Board of Education, City of Chi¬
required to
said to have
are
approved the issuance of $25,000
road improvement bonds.;
Feb.
11, 1942.
V Holders of these warrants were
the voters
tion
(P. O.
aria), Ky.
Bond
recent elec¬
Bonds Voted—At a
24,
■.:!
Free
Text
Book Fund, 1942,
NosLT-804 to T-841, dated Aug.
P-326
the county
$10,000,000 is Campbell County
Vermont), III.
Eldorado Tp. (P. O.
Nov!
.2, 1942.
.
Building Fund, 1942, Nos, B6251 to B-6543, dated Sept.
21,
1942.
;
,/r'
of
y!;;;■,!;;;. •.
attorneys. ;•, :•.
Warrants Called—It is stated by
whom
;
excess
has
scrutinized now by county
being
'
B.
to
in
owes
Chicago Board of Education (P. O.
Chicago), III.
J.
county
creditors
...; ;
board
'
under County Fiscal Court is said to have
Bond Sale Contract—It is stated consideration a measure to issue
approved recently the issuance of
bonds for from $8,500,000 to $10,by;
A. Grater, City Clerk, that
$27,000 bonds, ta retire a like
La^Sjford & Co, of Chicago have 000,000, with .which to . pay off amount of School Building Cor¬
current
obligations.
A list of poration bonds.
contracted
to, purchase
$30,000
;
.
.
Utica,
(Owensboro) Sorgo and Philpot.
Ashland, Ky. "<
priation bill for 1943 was about
y '
$18,500,000 and that early in the if! Bends Authorized — An ordi¬
year he had warned that net re¬ nance
was
St. Petersburg, Fla&
passed lay the, City
ceipts for the year might not Council authorizing an issue of
Refunding Proposals Expected reach
$15,000,000, leaving a deficit
$53,000 31/2% school building rev¬
—At a meeting of the City Coun¬
of about $3,500,000,
and "that's enue bonds.;, Dated April 15,. 1943.
cil On Sept. 14, it was determined
just what has occurred,'' he re¬ Denomination $ 1,000.
Due seri¬
that the city would, on Oct. 5; ac¬
marked.
He added that antici¬
ally on April>;15 ; from 1944' to
cept' and consider proposals for
pated revenue from tax penalties 1956 inclusive., Bonds contain an
refunding its general obligation had been fixed in the budget at
optional feature.
bonds ;-in
the' amount
of • ap¬
$6,000,000, and that so far only
proximately $18,000,000.
$4,000,000 has been received, leav¬ Boyd County (P. O. Catlettsburg),
T
and
Sutherland,
at
Schools
•; y Graded
FLORIDA
.•V;;'*
School
Stanley,! Maceo,
7
'
and
.Consolidated /High
Graded
J.
Ward
Capt.
Oates,, the second Commissioner,
is in training for the military ad¬
ministration of occupied countries.
and Graded School at West Louis¬
ville,
'
said the appro¬
Mr; Schlaeger
;
amounted to about $1,200. !
submitted by the
Trust & Savings Bank of
of
fer
High School at
Consolidated
High
Owensboro,,
Interest
Atlantic.
North
"Daviess County
in 1948 to 1953.
payable M-S. :
;; ,
The second best bid was an of¬
and $14,000
1947
position,
cheerful
more
a
ice; removal. Expenses of the po¬ stating that more avenues of fund
lice!;. department were slightly raising remain to be examined.
above $700 over its appropriation But he declined to discuss these
of
,;$2lj740, and no appropriation possibilities, venturing the hope
that "something" may be done in
was made for the maintenance of
the,
rationing
board
which the next three days.
Monday, September 27, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
1288
a
to
Dearborn
Sealed
that
stated
Township
terest
Oct.
p.
m.
Jay
Clerk,
tenders
sealed
Tp., Mich.
Tenders
on
Invited—It
is
A.
Patterson,
will
receive
township in¬
refunding certificates, dated
1,
1938, until Oct. 12, at 8
(EWT).
Offerings should
state certificates and series
num*
Number 4215
•
Lers.: their
par - value / ;sndthe
which they will be
for
amount
sold to the township;.
and New
York investment house, has aVaib
able
a
city
and
financial
Utility
its
They
the
public
reveal
on
operations.;
of the
some
,
statement of
report
a
for the sub¬
reasons
stantial improvement in the credit
position cf the city in the last 10
•
Among these will be found:
years.
1.
A net debt reduction of
••
$48,000,000,
which
approximately:
to
(a)
17%
(b)
4%
sessed
in
amount.
in
over
equivalent
is
.
-.A;:
of
percentage
as¬
valuation.
.Y
Y
g> L ;
(c)
$35 per capita. . .,
•;
2.
,The highest percentage of
'.'tax collections
record.
on
;
r:
In the water and street rail¬
departments:
(a)
Net water debt reduction
way
•'
■"
•
1
'
•
■
j
approximately 26%.
(b)
>
."f
r
capacity is now devoted primarily
war production.
Conversion to
war work has given the
city new
facilities which should prove of
much
permanent
value in
a
broadened peacetime production,
The First of Michigan Corpora¬
tion
explains. The
backlog
of
potential orders being created in
automobile and other expendable
products manufactured in Detroit,
and plans made for a rapid re¬
to
at
current
market
levels, yielding substan¬
tially more than bonds of most of
the other
large cities in the
try.
/
v..
connection
ders
:*-
Accepted
the
call
—
In
for ten¬
Sept, 20, of non-callable
on
bonds
with
coun¬
w;
•
Tenders
Bond
in
the
of
amount
not
to
exceed $603,000, for the City Sink¬
ing
(General Division), it
by Charles G. Oakman,
City Controller, that the Commis¬
is
Fund
stated
sion
purchased $73,000 bonds at
an
yield of 2.26%.
average
Lincoln
Park
in
maturing
May
1947; bonds maturing in
1971, on and after May 1, 1946;
and bonds maturing in 1972, on
and after May 1, 1945.
Oct.
1, 1943.
$1,000.
;;;•
Rate
multiples
of Va of 1%, not exceeding 3%
per annum to Nov. 1, 1947; not
exceeding 31/2 % per annum there¬
after to Nov. 1, 1950, and not ex¬
ceeding 4% per annum thereafter
until paid, provided that the in¬
,
terest
rate-
each
upon
bond
of
Series 3 after the first date upon
which it is subject to
redemption,
District
Bond
will
Offering —Sealed
Zxk%
per annum;
provided further that the net
interest
cost
Series
3
said
on
shall not
bonds,
and the net
Series
exceed
interest
bonds
$300,000.
received
be
until
8
p.m.
(EST), on Sept. 28, by Albert J.
Flynn, Secretary of the Board of
Education, for the purchase of the
following
1943 refunding bonds
aggregating $1,555,000:
$680,000 Series 2 bonds.
Due
Nov.
on
1944
1,
to
follows: $10,000
in
$15,000
as
1946,
to
in
1952, $20,000 in 1953 to
000 in 1957 and 1958,
1959, $50,000 in 1960
$60,000 in 1962 to 1964,
1947
1956, $30,$40,000 in
and 1961,
and $100,-
000 in 1965.
$700,000
bonds.
3
tion
the
of
District
order
crued
interest
lished
notice,
at
30
on
in
inverse
plus ac¬
days' pub¬
par
on any one
of
more
interest payment dates, on and
Rafter the following dates, to-wit:
Bonds maturing in 1966, on and
after
in
May 1, 1960; bonds maturing
1967,
bonds
on
the Detroit
the
2
1968,
on
not
Co., Detroit,
and
all
which
is
authorized
required by law to levy upon
the taxable property therein
such ad valorem taxes
as
may
be
to pay the bonds and
interest thereon as the same
necessary
the
shall become
tion
to
as
due, without limita¬
rate
The
amount.
or
bonds will be awarded to the bid¬
der whose
proposal produces the
terest
from
on
Oct.
bonds will be computed
1 to the first optional
redemption date
bond
and
maturity
each callable
on
to
the
dates
respective
non-callable
No proposal for less than
bonds.
on
all of the bonds of all
be considered.
series will
the event that
In
prior to the delivery of the bonds,
the income received by private
holders
from
bonds
of
the
at
in
par
able
by the terms of
any
Federal
income tax law hereafter adopted
by Congress, the
successful bid¬
his election, be re¬
obligations under the
purchase the bonds,
case
the deposit ac¬
his bid will be re¬
at
may,
in
and
to
such
companying
turned.
ac¬
the past two years.
the
4
between
$750,000
additional
from
differs
and
the
and
jobbers,
are
required
of
instead
to
retailers
affix
revenue
1
$600,000
refunding bonds at a
price of 100.2625, a basis of
about 1.05%.'; Dated Oct. 1,
1943.
Due $60,000 from Oct.
1, 1944 to 1953 inclusive.
400,000 public relief bonds at
a
price of 100.2637, a basis of
about
''
Dated
Oct. 1,
1943.
Due $40,000 from Oct.
1, 1944 to 1953 inclusive.
Second
,
1.05%.
was
best bid for the bonds
Halsey, Stuart & Co.,
Corp.,
Blair & Co., Inc.,
Estabrook & Co.,
Eastman, Dillon & Co.,
Otis & Co., and
Paul H. Davis & Co.,
jointly,
vYY
For $600,000,
1.10s—100.26
For $400,000,
1.10s_—100.2625
First Boston
.
St. Louis County Indep. Sch. Dist.
No.
13
Bond
unqualified
the
upon
Bonds
will
(P. O, Aurora), Minn.
troit.
Enclose
for
certified
a
De¬
at
check
$31,100, payable to the School
District.
County (P. O. Mt
Clemens), Mich.
No Tenders—In connection with
the call for tenders
various
ment
Offering—Sealed bids will
issues
of
on
Sept. 20, of
county
assess¬
district
highway refunding
bonds, dated May 1, 1934, it is
reported by Arnold F, Ullrich,
Auditor Of the County Road Com¬
mission, that
no
tenders
were re¬
ceived.
Offering
—
The
a
date
Musselshell County (P. O. Round¬
up), Mont.
Bond
First
Redemption
National
of St. Paul.
The
called, and
were
will be honored only
companied by bonds:
Due
Dec. 31
on
1943.
follows: $6,000
as
when
ac¬
438,
578,
669, of $1,000 each.
stitution
in
the
State
shall
as
be
designated by the successful bid¬
der
in the event of failure to
or
designate,
the
of
place
so
payment
then at the State Bank of Aurora.
Called.—It
the
called
city
for
"
$14,000
than
the date of delivery.
The approv¬
ing opinion of Gillette, Nye, Har¬
ris & Montague, of Duluth, will
be
furnished.
Enclose
certified
a
officials
recently
block
a
bonds.
of
Dated July
Bond
Redemption
Report—The
City Council is said to have voted
to call for payment a total of
000
water
bonds,
$6,-
maturing
in
1946.
Additional
Sold
By
RFC
The
—
Scherck, Richter Co. of St. Louis,
is
said
the
to
have
purchased
Reconstruction
poration
$50,000
from
Finance
Cor¬
4%
refunding
bonds.
Denominations $1,000 and
$500. Dated Aug. 1, 1935. Interest
payable F-A.
Due on Feb. 1 ab
follows: $1,500 in 1945 to 1949,
$2,000 in 1950 to 1955, $2,500 in
1956
to 1960, $3,000 in
1961 to
1964, $3,500 in 1965, and $2,500 in
1966.
Principal and interest pay¬
able
the
at
Boatmen's
National
bonds
Sept. 21—v. 158,
awarded
to
Bank
Louis,
as
the
100.357,
Dated
&
p.
coupon
is
It
to
of
May,
the
were
ided
as
Robert
Omaha,
as
E.
Schweser
noted
purchased at
here
par,
in
div¬
follows:
$44,000 as IV2S,
April 1, 1944 to 1948;
$60,000 as 2s, due from April 1,
1949 to 1954, and $90,000 as
21//2S,
due from April 1, 1955 to 1961.
Denom. $1,000.
Dated April 1,
due
from
1943. Prin. and int. (A-O) payable
the County Treasurer's office.
at
a
for
Co.
of
&
a
(P. O.
Yerington), Nev,
Co., of 100.266 for
have
voted
to
St. Louis, Mo.
Cigarette
Tax
Approved—The
NEW
1,650,833
1,490,117
1,425,646
Receipts—
1941
$243,940
279,725
365,515
—
1939_;_
...
362,810
320,533
...
"The
number of*buses crossing
bridge was reduced from 96,205 to 87,196 because of the gaso¬
the
contributed
64.98%
of
toll
a
reduction in receipts
of 21.93%.
number
a
traffic decrease of
During this period;; the
was 5,944,888
of vehicles
with receipts of
$1,657,254.
"The
refunding bridge
by
the
A-
.
.
bonds
Commission
on
July 14, 1943, were taken up and
paid for by the investment syndi¬
cate on Aug. 2 when a check for
$37,039,775 was received. This was
given to our fiscal agent, The
Land
Title Bank
& Trust
Co., of
Advertisements
in
daily newspapers and in
The Bond Buyer of New
York, an¬
called for redemption at the
stipulated
price of 105.
At the
close of business Aug.
31, the fiscal
agent had redeemed $32,754,000
bonds
at
a
Refunding
New
Sept.
a
Commission had forwarded to the
fiscal
agent
is
17, that the firm has been
to
of
Bergenfield
the
discontinue
refunding
debt
due
to
present bondholders.
The
plan
$648,000 of
contemplated
new
a
sufficientvto
sum
meet
the maturity of $465,000 op
Sept. 1 and the semi-annual in¬
terest due on the old issue.
The
Title
Bank
&
Trusty/Co.
Federal Reserve
Philadelphia securities
required by the
as
bond inden¬
new
during the process of redeem¬
ing the outstanding bonds, .y •
"In accordance with
the
old
were
fund
provision
a
indenture, all moneys
sinking and surplus
paid into
reserve..
a
new
The
sink¬
balance
Aug. 31, 1943, shows that
amounts to $6,603,119.64, which includes $6,365,-
statement issued
forced
of
$34,391,700.
redemption, the
this reserve now
Discontinued—It
York, in
cost
Prior to the bond
sheet of
JERSEY
Bergenfield, N. J.
000 par value United States Gov¬
ernment
bonds to take up
$608,000 of outstanding bonds, the
additional $40,000 of bonds-being
obligations.
-;Y
"In an unprecedented action the
Collector of Internal
Revenue, un¬
der orders from
Washington, on
Aug. 18, 1943, made
a
demand for
the
payment
of
$10,412.97
for
documentary stamp tax including
interest
issuing
bill
1,103,122
J
A
-
ing
Board
of Aldermen has passed a
providing for the imposition
'/A
86&901
;
,
funds
til 8 p.m. on Sept, 30 for the pur¬
30
'
'
Y
ing to $25,000.
chase cf $250,000 refunding
bonds,
on
:
Traffic—
1943—.Y—Y—
in
days' pub¬
interest
notice,
-
of the bond
on any one or more
crued
lished
"Traffic and receipts for-Augtist
of the last five years weref 'd. t
redeem
lack of response on the part of the
bonds.
almost lcdn^
ture
To Redeem Bonds—District Di¬
St.
bid by
the
;of OPA agents
checking
on;
pleasure
driyAng.
Traffic
on
Sundays
averaged
22,856 vehicles, a drop of 44.63%.
Daily4 average was 27,964 "hgafost
35,584 in Aug., 1942."
' Y 'A
placed with the
Walker River Irrigation District
sale
Oct.
Bros.
with
use
presence
Bank of
a
was
month
stant
Government
of gasoline
enforced during
rigorously
Land
nevada
1082—were
Trust
paying
Second best offer
1%
—
'price..'of reported by Wilder M. Rich of
basis of about 0.933%. Campbell, Phelps & Co., Inc., of
Is,
the
the
on
sold
Co.
Mercantile-Com¬
1, 1943.
Due $5,000
from Oct. 1, 1944 to 1953, incl.
Stern
Information
imp't and
offered
were
balance of the 1967 series amount¬
$50,000
water works
extension
month of 1942.
restrictions
$9,000 bonds this month, being the
St. Charles, Mo.
Bond Sale—The
in August showed a decrease of
21.41% by comparison with the
nouncing that the $35,238,000 out¬
standing bonds dated Sept. 1,1933
rectors
Louis.
operation of the Dela¬
River Bridge for Aug., 1943:
"Delaware River Bridge traffic
were
Bank, St. Louis.
Legality ap¬
proved by Charles & Rutherford,
of St.
Costello,
covering
by the City Treasurer
that the $194,000 refunding bonds
stated
now
Bonds
1199344022—
Commission, Joseph K.
ware
the local
York, Neb.
MISSOURI
Commission
port (No. 207) of the general man¬
ager of the Delaware River Joint
Philadelphia.
check for 2% of the bonds bid for.
Gregory Drainage District (P. O.
Gregory Landing), Mo. ?
Joint
Report on August Operations—
The following is taken from a re¬
awarded
O'Neill, Neb.
and accrued interest to
par
reported
v,
The bonds will not be sold for less
River
(P. O. Camden), N. // >
1943 showed
is
payment
sewer
1, 1927.
[
31.65% and
Gordon, Neb.
that
approve
tions.
biles
nebraska
Bonds
Govern¬
to
receipts; buses, 20.22%, and trucks
14.67%. The first eight months of
in
1945, $7,000 in 1946, $6,000 in
1947, $7,000 in 1948, and $6,000 in
1949 to 1958.
Principal and in¬
terest payable at such fiscal in¬
refused
line stringency.
The rail transit
36, line showed a gain of 197,400 pas¬
115, 145, 164, sengers with the daily average
242, 255, 256, rising from 16,572 to 22,940, or
348, 368, 369, 38.42%. A rise of 21.09% occurred
439, 440,, 476, in the heavy truck division. Dur¬
581, 629, 651, ing the month, passenger automo¬
Nos. 1, 8, 19, 27 of $500 each.
529,
De-
1,
Minne¬
following bonds
437,
Oct.
of
coupons on them
513,
Dated
Notice—The
Bank
apolis states that refunding bonds
of the above county dated March
1, 1937, that were called for pay¬
ment-; on September 1, are to be
paid at the First National Bank
380,
2%, payable J-D.
$1,000.
thereafter,
net interest cost of about
496,
Village
un¬
giving
-
379,
exceed
merce
Bond
payment
to
on
Clerk will receive sealed bids
terest
37, 38, 77, 112, 113,
167, 174, 175, 220,
283, 284, 289, 304,
semi-ann.
Mich,
158, p. 1184—are due on Sept.
15, as follows: $13,200 in 1944, and
$12,700 in 1945 to 1953; optional
on Sept.
15* 1948, or on any in¬
—v.
Sept.
30, by George Erikson, District
Clerk, for the purchase of $86,000
funding bonds. Interest rate is not
legal
delivered
be
Gibson, District Clerk, that
the $127,500 refunding bonds sold
to a syndicate headed by the First
Security Trust Co. of Salt Lake
City, as 1.15s; at a price of 100.098
pay¬
refunding under those condi¬
same
,
by
V. F.
be received until 7 p. m. on
nom.
stated
now
1.12%.
offer by:
an
is
Board
Delaware
city /
stamps on the packages.
Return to the cigarette tax was
a step to offset a deficit from in¬
creased city payrolls. '
Maturity—It
the
It
year.
previous
cigarette tax in that wholesalers
(
ment
$1,000,000
each
revenue
of
purpose
exchange and the local
into effect
;i- AAA;
levy'is expected to yield
The
the
of the present owners to
agree to
emergency clause, so
that the tax will not go
for 40 or 50 days.
:.
:
for
ing market prices for the present*
bonds.
Campbell, Phelps: &/ Co.,
Inc., were able to get only '30%
effect for
4
-
allowed
Before adopt¬
the
board
measure
an
in
'
follows:
Bids shall be conditioned
opinion of Claude H. Stevens of
Berry & Stevens, of Detroit, ap¬
proving the legality of the bonds.
The cost of said legal opinion and
of the printing of the bonds shall
be paid by the School District.
and
inverse
plus
National
been
Bank, both of
Chicago, the Bank of America, N.
montana
A., of San Francisco, and
the City National Bank & Trust
Cascade County Sch. Dist. No.
Co. of Kansas City, as 1.10s, as
(P. O. Great Falls), Mont.
same
type and character shall be tax¬
in 1971, on and after terest, certain highway improve¬
May 1, 1952; and bonds maturing ment bonds aggregating $201,000.
in 1972, on and after May 1, 1950. All of said bonds are payable at
$175,000 Series 4 bonds.
Due the Detroit Trust Co., Detroit.
$25,000 from Nov. 1, 1966 to 1972.
Roseville, Mich.
Subject to redemption at the op¬
District
First
District
maturing
order
Semi-a nnual
—
cigarette
the levy
T. & S.
mium
Bond Call—It is stated that the
the
the
lowest interest cost to the School
county is calling for payment on
Nov. 1, at par and accrued in¬
of
Sale.
■
\
158, p. 1081—were awarded at
public auction to a syndicate com¬
posed of the Northern Trust Co.,
or
1956; bonds maturing in 1970, on
and
after
May 1, 1954; bonds
numerical
con¬
v.
exceed
1958; bonds matur¬
ing in 1969, on and after May 1,
tion
will
bonds aggregating $1,000,000, offered for sale on Sept. 17—
said
on
and after May 1, 1959; Oakland
County (P. O. Pontiac),
maturing in
voters
coupon
$380,000
cost
shall
Trust
District
May 1,
after
election
an
Minneapolis, Minn.
Bond
two-cent-a-pack
re-enacting
thus
dropped
$75,000 hospital
;Y: > Y. *'Y
y, ;/■
'
-r,
the
a
ing
issue of
an
bonds.;
respective
Due
$100,000 from Nov. 1, 1966 to.1972.
Subject to redemption at the op¬
numerical
sider
5
>>y>:'
Minn, YY,
Election-r-At
Oct.
on
All of said bonds will
Macomb
Series
County (P. O. Mora),
Bond
of;
tax,
which had not
Minnesota
AAaY
1, 1943, to
maturity dates.
Principal and interest payable at
their
contract
bids
v
.
shall not exceed
lieved of his
(P. O. Lincoln Park), Mich.
'
'
Kanabec
rates of in¬
or
;/•
■
y>>''
Dated
terest to be expressed in
i';
•'
\
1,
Denomination
der
School
;i
after
after deducting the pre¬
offered, if any.
In deter¬
conversion, when peace is de¬
mining the net interest cost, in¬
clared, are reassuring.
terest on
premium will not be
Detroit
bonds, The First of
considered as deductible and in¬
Michigan Corporation concludes,
obtainable
■
:
.
bonds maturing in
on and after May
earnings to meet debt service not¬ at any bank or, trust company in
withstanding increased operating the City of Detroit, named by the
COStS. ;
Y?YAYY School District as a successor pay¬
General obligations of
Detroit's tremendous industrial ing agent.
still
serially from 1947 < to' 1967
inclusive. ...Yt'Y.
VYAY;;;r
bear interest from Oct.
"
Net
streetrailway debt
reduction of approximately 50%.
(c) I Substantial margin of
are
due
and
May 1, 1949;
1968 and 1969,
1, 1948; bonds
1970, on and after
and
on
>1289
-
''
.
to1966 and
Bonds maturing in
,
,
of
"
.1 r
't,
•
.
interest ' payment dates, on
after
the
following
dates,
and
3..; Complete elimination of the
$21,000,000 carry-over deficit.
4.
*
1967,
Report Cities Improved Credit
Position—The First of -Michigan
Detroit
i
4
wit:
;l'Y::
Detroit, Mich.
Corporation,
THE COMMERCIAL & FINANCIAL CHRONICLE
r
'
'
Volume 158
issued
and
in
penalties
1933
and
on
sold
bonds
for,,the
building of the rail transit line.
Payment being refused, the Col¬
lector thereupon levied on
Com-
deposit in the
Camden Trust Co. By agreement
between the Commission and the
funds
mission
trust company,
in
held
was
on
the
to meet this
escrow
general man¬
meeting, counsel and
authorized and directed
necessary step to
ager were
take
to
Commission
At the August
claim.
of $13,000
sum
every
demand."
this
combat
Rutherford School District
(P. O. East Rutherford), N. J.
Offering
Bond
will
received
be
(EWT)
bids
Sealed
until
8
—
p.m.
Sept. 28, by E. P. Hut-
on
of
of
registered
Secretary of the Board
Education, for the purchase
ten,
$25,000
coupon
or
bonds.
Denomination $2,-
school
Due $2,1944 to 1953.
Dated Oct. 15, 1943.
500.
Oct.
from
500
will
bonds
The
the
15,
rate
lowest
interest
bear
2%
of
at
4%,
to
by the bidder and no bid
will'be considered for bonds at
named
higher rate if any lawful bids
received for the lower interest
the
are
Principal and interest pay¬
at
the
East
Rutherford
ratei
able
Branch
Na¬
Rutherford
the
of
East Rutherford. The
bonds will be sold to the bidder
tional Bank,
the
complying with
and offering to
bidders
or
terms of sale
pay
foreclosure
tax
Newark's
has
laxity in the last
been
and certified operations
in the Department of Revenue and
Finance.
The
Law
Department
six years
those first maturing, and if
bidders offer to take
the same amount of bonds, then
ing
two or more
bidder
the
to
or
bidders offering
therefore the highest ad¬
ditional
price.
The
purchaser
must pay accrued interest from
the date of the bonds to date of
to
pay
Enclose
a
certified
; payable
to the
delivery.
$500,
check
for
Board
of Education.
Jamouneau
presented the letter
to the
City Commission at a spe¬
cial conference Monday, but was
the
with
sale
of
May 1 as follows: $1,1944 to 1947, and $800 in
Interest payable M-N,
in
Englewood, N. J.
1
*
Offering—It is stated
'Bond
by
City Clerk, that
will receive sealed bids until
Thos. J. Ahrens,
he
Oct. 19, for the purchase
$50,000 refunding, series
D
8 p. m. on
of
bonds.
Fort
and Sch. Diet.
(P. O. Fort Lee), N. i. C
Lee, Borough
Bond
Redemption
his
In
4%, due June 1, 1979, calls for the
tender
of
such
clared that
2,500 unforeclosed tax
liens,
representing
about
$5,000,000 in unpaid taxes, had
been allowed to pile up. He said:
"During the last six yeares no
whatever has been made
progress
toward
liquidation of this prob¬
a
lem and the total
hand is
on
now
than it was six
years ago.
Of the present total
less than $1,000,000 is of less than
two years' standing; the remaining
$4,000,000 should have been con¬
actually
greater
to do
bonds
at
a
price
of Reso¬
and III, Article VI, Sec¬
lutions I
tions 4 and 5 of the Plans of Com¬
close
the liens caused the prop¬
on
erties
remain
to
in
the
ratables.
Thus,
he said, over a six-year
period Newark paid over $350,000
in taxes to the county and State
on properties
which produced no
for the city.
taxes
"In
effect,"
has
"this
\.y
Jamouneau
amounted
the
to
to
other
a
;
a
wrote,
gift by
New
state's
the
(after all bonds tendered
prices, if any, shall have
been purchased), then any of the
school
and
borough
refunding
bonds so tendered at the price
shall be
such
purchased at the price in
manner
fiscal agent
and
order
as
the
shall prescribe.
Tax "Laxity"
Assailed—
We quote in part as follows from
an article which appeared in the
New
which
Sale
The
—
-
coupon
or
registered semi-annual bonds ag¬
gregating $70,500, offered for sale
on Sept. 20—v. 158, p. 1185—were
awarded to E. H. Rollins & Sons
of New
of
York,
100.30,
benefit
Each
&
Co.,
i.70s.'
-
of
Inc.,
v;
$70,000, the combined receipts for
the two months, first of the pres¬
ent fiscal year, were $218,286 less
for
than for the corresponding period
of 1942. ,a.";
Commissioner Kelly,
report issued today, accounts
for the decline by saying it is the
a
Sale —The
taxes
was
distilled
an
$21,000
basis of about 1.24%.
the
spirits
fuel
low
1942.
522,
of
which
for
this
is
the
the
year
first
158, p. 1185—were awarded
Halsey, Stuart & Co., Inc. of
New York, as 1.30s, paying a price
of 100.139, a basis of about 1.28%.
Dated Sept. 1* 1943. Due on Sept.
two
months
of
be¬
period of
revenue
this
1944 to 1957 inclusive.
Second best bid
100.393 for
of
of
fiscal
offer by
was an
the Marine Trust Co.
of Buffalo,
iy2s.
$691,-
year
until 2 p.m. on Sept.
24,
Clerk-
Village
Treasurer, for the purchase of
$7,800 not to exceed 6% certifi¬
by
F.
H.
Bull,
cates of indebtedness. Dated
29, 1943.
Due
on
New York City
Sept. 29, 1944.
Housing Authority,
N.Y.
be received by
the above Author¬
ity, at 122 East 42nd Street, New
1942.
porary
City, until 1
p.m.
on
August collections were $2,059,293.
The increase in August
the amount of $2,980,000,
from
ing of
$409,262
received
in
July is accounted for mainly by
substantial
payments
of
general
seven
described
First
as
account
amount of
ance
domestic
life
insur¬
companies becoming due not
September 1. The total
later than
Second
Third
consist¬
series of such notes
follows:
Series
amount of
of
Sept.
the purchase of its tem¬
loan notes (Issue V),-in
29, for
in
the
principal
$300,000.
Series
in
the
principal
the
principal
$400,000.
Series^ in
amount of $400,000.
said.
-
desig¬
of
$2,821,000
,
1,365.000
420,000
York
New
of
City
Chemical Bank
New York-La& Trust Co.
Co.
Trust
6,377,000
1,365,000
National Bank
The Commercial
and
385,000
.
of
Bank
National
Chase
the
,
Co.LLa_L^LLL*L:'-' 2,625.000
Trust
The
,
and
Bank
Hanover
Central
of
New
•
70,000 v
York
Continental Bank & Trust
The
175.000
York———
New
of
» V."980,000
Co.-L——70,000
Avenue Bank of N. Y. LL 245,000
Exchange Bank Trust Co.
Corn
Empire Trust
The Fifth
the
The First National Bank of
!'■
1,764,000
New-York——
of
City
70,000
Co.—
Trust
Fulton
Guaranty Trust Co. of N. Y.L
4,613,000
Trust Go.LLLLLa,.L:'
Kings County Trust Co
a
1,750.000
105,000
Manufacturers Trust Co.—.,—
1,505,000
Irving
The
of
•
L245,000
Midland Trust Co.
Marine
The
York—*———
New
LLlL a.rv-
City Bank
of
York ——L-—
The .' National
New
New
The
Public
States
United
350,000
Trust Co.
70,000
of
Co.
Trust
York ;——_—aL—280,000
New
r
and
York.— "
New
of
Guarantee and
Title
980,000;
Bank
National
Co.
Trust
•
5,040,000
York Trust Co.—
The
J. p. Morgan & Co.
■
proposals for the purchase
the series of notes de¬
scribed herein shall be submitted
in the form set out below.
Sep¬
All
arate
proposals will be required
series of notes and no
each
for
proposal for less than a series will
be accepted.
Each series of notes
will be awarded to the bidder of¬
1,330,000
Incorporated
r
Report
of
after
Prominence
the
expanding
war
that the city
Retain
Will
City
Says
Economic
tions
$35,000,000
-
—-
Indica¬
world
furnish
trade
assurance
will continue in the;
post-war era "as this continent's
commercial and financial center
and
as
the world's leading
inter¬
national
port," in the opinion of
Ivan
Wright, professor of.
fering to purchase such series at
the lowest interest cost, and in
Dr.
computing such cost the Author¬
and Dr. Arthur M.
will take into consideration
premium which the bidder
offers to pay. No bid for less than
ity
any
shall
Wealth
the
entertained
ject any and all bids.
In the event that prior to the
particular series
income received by
of
the
that
from obligations
type and character
private holders
the
same
be taxable
by the terms of
der
here¬
successful bid¬
Federal income tax law
after enacted, the
for that series of
at his election,
notes may,
be relieved of
obligations under the
purchase such notes.
his
contract to
Authority Makes First
>
Payment
as
follows: .■"■■■
"Fortunately,"
said,
of
of New
18, Messrs. Wright and Wolkiser
wrote
of any
shall
Welfare
and
City," which was issued by
Brooklyn College Press on Sept.
delivery
notes
Brooklyn
York
right is reserved to re¬
the
at
College,Wolkiser, con*sulting economist of the city gov¬
ernment.
In their 74-page an¬
alysis of the "Economic Basis of
computed on a
be
360-day basis) will be
and
Economics
interest (which
and accrued
any
bids will
Note Offering—Sealed
York
the
Sept.
;—
Co
the Manhattan
of
Total, LLL
interest
Certificates Offered—Bids were
received
$2,468,556, compared with
$2,451,000 for the same months of
were
Bank
Company upon the notes as afore¬
par
Mamaroneck, N. Y.
34.85%
1942.
month's
1 in
>
were
comparable
July receipts were $1,431,or
31.56% less than July,
Last
water
Sept. 22
on
to
were
taxes
semi-annual
registered
—v.
tax revenues during the
coming months."
Gross receipts from
beverage
taxes for the fiscal year which
months
$43,000 coupon
bonds offered for sale
erage
$10,996,125.
For the two succeeding months
they were $1,607,121.
in such denomina¬
of any of
Lyndonville, N. Y.
or
Motor
r.';-
Bond Sale—The
Kelly said: "We must look for¬
ward to a still greater loss in bev¬
30
Bankers Trust Co.—
fixed in the pro¬
has signed the agreement,
appearing on each note, to act as
paying agent.
After taking,, de¬
livery of and paying for;the notes,
the purchaser shall obtain the sig¬
nature of
such
Bank or'Trust
Dated Oct.
following:
100.28.
1
Soltl—Comptrol¬
D.
Joseph
Bank
notes will pro¬
not valid until
such Bank or Trust Com¬
after
1, 1943 and due Oct. 1 from 1944
1949 inclusive. Other bids in¬
about
June
bear
annum
purchaser.
to
cluded
Y.
City, N.
Bills
nounced Sept. 23 that
pany
taxes
closed
for the
holders
temporary loan
interest at the
City, as IV4S, at a price of 100.101,
$248,000.
There
approximate increase of
in receipts from
beer
was
ler
vide that they are
(for 1.30s)
Halsey, Stuart & Co., Inc., 100.209;
real effect of the Federal order
Equitable Securities Corp., 100.08;
stopping the distillation of liquor
(for 1.40s) Francis I. duPont &
because of the war emergency.
Co., 100.418; Kean, Taylor & Co.,
in
of
acquisition bonds offered Sept. 23
—v.
158, p. 1185—were awarded
to H. L. Allen & Co. of New York
a
York
New
Revenue
the fees or
charges, if any, of such Bank or
Trust Company to be paid by said
first time New Jersey has felt the
decline
from
City of New York.
in his proposal,
nates
land
$78,000
or
Company as the purchaser
.
Hempstead (Village), N. Y.
Bond
towards tax contribu¬
these projects to the
step
tion
Co.
revenue
for
series
be issued
will
100.28
/
first
tions, and both principal and in¬
terest thereof .will be payable at
such incorporated Bank or Trust
above bonds was an
Blair
holder
the
which is accepted for the
purchase of such series of notes,
submitted for
offer by
bid
been
temporary
posal
"..'/'"V';,"'
best
Second
the
Authority.
From
the
inception these projects have
fully exempt from all local
taxes.
The payment marks the
very
Brooklyn Trust Co
rate per
in¬
1947
to
1944
in
of
of
payable
is
will
notes
..
equipment bonds. Due on
1
lease
Housing
the
pay
thereof.
in¬
1963
to
1944
in
1
clusive.
to
series
each
notes
loan
Dist. No. 5, im¬
bonds.
Due
on
$65,000 Sewer
provement
Oct.
which
1.60s, at a price
as
basis of about 1.565%:
a
City
McGoldrick an¬
he had sold
by. allotment $35,000,000 of rev¬
loan note as shall be sufficient
enue
bills, dated September 24,
to pay the principal of and in¬
1943, at a rate of 0.50%, maturing
terest
upon
each series of said on October
26, 1943. The follow¬
temporary loan notes to be de¬
ing banks and trust companies:
posited at the respective bank at
participated:
Cheektowaga (P. O. Cheekto-
Bond
sufficient
are
jects operated
principal and interest of all said
temporary
loan
notes and the
Authority agrees to cause so much
of the proceeds of such advance
'
waga), N. Y.
agrees
of
Administration.
Federally owned pro¬
by the New York
Housing Authority
under
from
the
Federal
Public
They
ity prior to the maturity of such
temporary loan notes and in an
amount
NEW YORK
of
terms
originally
were
by the Housing Division
the Public Works
advance loan note of the Author¬
reservoir
and $150,000 5%
between
State of
Houses
River
built
the State of
to purchase an
agreement
York
the
under
York
New
improvement bonds.
and
be
said
of
series
all
requisition
agreement
the Authority and the
iliary fire station, $115,000 4%%
sanitary
sewer,
$85,000
storm
sewer,
will
Authority
and
notes will be further secured by a
sale
for
the
of
pledged
1923, and were issued for the fol¬
lowing purposes: $25,000 5% aux¬
foreign corporation taxes, falling
due August 15, and payments on
Newark, N. J.
City's
credit
-
dated Dec. 1,
are
.
payment of the
principal of and interest on each
series of notes the full faith and
The bonds
October.
clusive.
'
at lower
is
Pending—It
offered
be
in
be refunded
to
August exceeded that for July by
in
will
" V
arrangements
of
negotiated by the New York Gity
Housing Authority with the Fed¬
eral
Public
Housing Authority.
Williamsburg Houses and Harlem
loan to assist in the de¬
\
River
made possible
been
result
a
as
housing project
located in the
City of New York, and for which
the State of New York has agreed
a
have
Houses
Harlem
and
Houses
burg
incurred or to be in¬
the development of a
in
curred
obligation refunding
general
bonds
sometime
Oct.
from alcoholic beverage taxes
State Tax
of such notes will be used to pay
expenses
or
enue,
For the prompt
N. Mex.
Manager, that it is expected $375
000
one-sixth of the net rev¬
whichever is greater.
The
payments
for Williams¬
ject,
payable to bearer
The proceeds
and
April 21, 1944.
on
velopment thereof.
reported by Charles E. Wells, City
Jersey (State of)
Although
MEXICO
Offering
Bond
5,500
113
moneys
/
Albuquerque,
municipal¬
from inheritance and estate
of the Debts of the
taxes was substantially below the
and School District of
July returns of $871,589. The two
Fort Lee,
In
the
event
that
a
greater months' total of $1,570,695 was
amount of bonds is tendered at $345,000 above that for July and
the same price than can be pur- August, 1942.
Corporation taxes for the first
chased
with
the
applicable
position
Borough
interest due
1943,
■
out of
project revenues, are determined
on the basis of a formula, which is
5% of the shelter rent of the pro¬
evidenced
note or notes dated October
a
.
These
principal
be
will
'
1943. '•''
payments, made
year
$500,000.
series
to make
'
'
terest; until October 13, at 3 p.m.,
at its office, 210 Main St., Hackenwith the provisions
1943.
NEW
Jamouneau said failure to fore¬
$9,385,522,
ance
in
real estate by
or
loss."
Seven
This call is made in accord¬
21,
half-year's
a
mature
ago and the fail¬
has resulted in great
so
n6t exceeding par and accrued in¬
sack.
It
de¬
Jamouneau
letter
title
Notice—The The
Peoples
Trust Co.
of Bergen
County, fiscal agent for the above
units, announces that under the
plans of composition of the debts
of the Borough and School Dis¬
trict of Fort Lee, that it has avail¬
able $8,167.53 for the retirement
of principal of school refunding
bonds of the district, 3V2%-4%,
due June 1, 1979, and $20,924.04
for the retirement of principal of
borough refunding bonds, 3V2%-
by
city has paid re¬
above
$15,000 principal is scheduled to
Distilling Ban Cuts Tax Income
interest, and
Made—The
bonds, but it is still two years
default on interest payments.
must also be considered that
$6,800
the
mature on
1948.
cently
on
regular Commission session
engine bonds at
H-rThe Newark "Evening News";
par to the Borough Sinking Fund
of Sept. 20 carried the following
Commission—v. 158, p. 1184—it is
report from its Trenton Bureau:
stated by the Borough Clerk that
the bonds bear 3V2%
the
that
of New York for the full calendar
principal
in the
The Au¬
1942.
$29,000 to the Gity
taxes of about
dll;.-;
i
Board reports
Payment
Government
today.
connec¬
(not $7,500), fire
500
Interest
Local
thority also expects to be able to
make another payment in lieu of
amount of $380,000.
N. J.
Each
ities of Essex and to the State."
Edgewater, N. J.
tion
Somers Point,
permitted to read or discuss it.
However, he said he will appear
at the
of
:
the
Series ' in
amount
the calendar year
principal
the
in
Series
of $500,000.
Sixth
principal
the
in
$500,000. :>•
Seventh Series
not
Newark
Bond Sale Details—In
with
Fifth
amount
$60,091
were
Series
amount of
of 1942.
in
in for criticism also.
came
compared
$93,027 for the same period
months
icies, in a letter to the City Com¬
mission.
Jamouneau
declared
ure
bonds, the bonds to be taken be¬
$6,848,955.
Receipts from outdoor advertis¬
ing
taxes
for the first seven
pol¬
Jamouneau, critic of city
H.
the par value
verted into cash
of the bonds offered and to take
.foreclosure long
therefore
the
least
amount
of
amount equal to
an
pro¬
has cost taxpayers
well
above $2,350,000 in cash and "in¬
calculable" sums in depreciated
values. This is charged by Leslie
gram
Fourth
corporate tax revenue for the cal¬
endar year 1942 was
tember 22:
there
East
"Evening News" of Sep¬
Newark
Monday, September 27, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
1290
"the
the
are
American
made
have
the
signs
economists
increasing
people
today
considerable progress
understanding the necessity of
in
replacing our past isolationism
a great willingness fob active
international
cooperation.
with
"Such results
sage
cal
the
as
the recent pas¬
of the unrestricted Recipro¬
Trade Agreements Act, and
pronouncements
American
closer
by
statesmen
commercial
and
leading
indorsing
cultural
Taxes—It was an¬
ties with other nations indicate a
18 by Edmond
trend of public opinion which is
B. Butler, chairman of the Au¬
more vitally related to the sources
thority, that the Authority had
of the wealth and welfare of our
made the first payment in lieu of
city than any measures which
taxes ever to be made for Wil¬
might be initiated locally."
liamsburg
Houses and Harlem
The report attributed a large
River Houses.
This payment of
part of New York City's present
in
Lieu
nounced
of
on
Sept.
$15,919 covers the
second half of
Volume 158 -Number 4215
problems
to'forces
outside
city's control, "such
ulation
trends
a": whole,
the
the
of
long
the
country
Mr. Moore
dominance
business
t
finance,
communication
if
d
r a
to
be
translated
into
amount
the
city
to
$768,707 in debt next year. A net
of
$2,972,000 in the
city's debt will result therefrom.
The appropriation for debt ser¬
;
Dated
how-
the
of
1948,
:
post-war
of
Bond
welcome
business
and
ernment
enterprises rather than
them, the report cited
to alienate
editorial
an
in
the
New
sealed
Easter-
York
his
at
office
in
$5,000
exceed
pointing to "the city's attraction
coupon,
,'for the vast industry of business registerable as to principal only,
water
works
extension
management."
1
bonds.
".
The report described this city Dated Oct. 1, 1943. Interest A-O.
'as the country's "leading manu¬ Denomination $1,000.
1
'
Dated Oct. 1, 1943.
facturing center since 1824,ac¬
Denomina¬
counting in 1939 for more than a tion $1,000.
Due Oct. 1, as fol¬
'quarter of the industrial produc¬ lows: $4,000 in 1945 to 1948, $6,000
tion
of
the
nation's
fourteen in 1949 to 1954, $8,000 in 1955 to
•largest cities.
However, this in¬ 1960, and $10,000 in 1961 to 1980.
dustry has constituted only a third Rate or rates of interest to be in
-of the city's activities.
Its prox¬ multiples of V4 of 1%.
Each bid
imity to Europe has made it a may name one rate for part of
6%
bonds
boiler
on
Dec.
whole
a
made
was
Due
to
hanger.
1943.
1,
or
by
A/'K
City
purchase-
Fort
at
a
Columbus
Dated
Sept. 15,
from Oct. 1,
$1,000
1945 to 1949 inclusive.
5 for the
to
due
Authorized—The
Army
Ra¬
leigh until 11 a.m. (EWT)on Oct.
purchase ob $300,000 not
^'Herald Tribune" of May 5, 1943,
of
Second high bid
2V2s
steam
Commission, will receive
bids
for
Bonds
ling, Secretary of the Local Gov¬
encourage
Co.
Council is said to have passed an
ordinance calling for the issuance
of
E.
dex
$25,000
and
as
East
interest
Bond
asked
Election—Voters
approve
will
the
improvement
,
election
and
be
to
mature
would
be
post-war
November
dated
in
10
general
Jan.
1,
1944
Bonds
years.
issued to
finance
improvement
city's
program.
,
commercial
financial
and
the
com¬
munity and one of the world's
•shipping centers—all of which
New : York
fered,
time
.
industry
arid
the
cloth¬
clothing
manufacturers
rate
amount
of
of
consecutive
maturi¬
pay¬
I^ew York.
and
unlimited
registerable as to principal
delivery on or about Oct.
bonds
1944
Bond
I
to
be
will
retired
be
in
approxi¬
the
of
amount
place
at
cautioned
that
'"large parts of New York City's
"central neighborhoods have de¬
report
the
bonds
the
at
syndicate composed
of purchaser's
lowest
interest
to the City, such cost to be
determined by deducting the total
cost
teriorated during
amount of the
premium bid from
•to twenty years
the aggregate
amount of interest
the last fifteen
without apparent
hope of recovery unless broad
"policies of replanning and rebuilding are adopted."
It cautioned also that constant attention
to the problem of
transportation
connections
be¬
the city and its neighbor¬
must
be given
tween
ing districts.
!,.
V://:
$15,000,000
Third
War Loan bonds by the State of
of
purchase
•New York.
*'
Continuing the practice he es¬
last April when he in¬
vested
State
funds
aggregating
tablished
$12,700,000 in Second War Loan
bonds, Mr. Moore allocated por; fions of Thursday's subscription
'
to New York
'57 up-State
City and each of the
.1
counties.,
•
State
the
another
also
but
increase
to
its
every
were
1969-64
2%%_ Treas¬
uries.
1943.
1,
a
about
by
the
the event
price of 100.87,
2.41%.
Dated
Due
on
Oct,
1
in
Other bids
were as follows:/A
:/' For 2M>% Bonds
Otis & Co., C. F. Childs &
by pri¬
same
type and character shall be
from
bonds
of
the
taxable by the terms of any Fed¬
income tax law the success¬
&
ben &
,
Co., jointly—— 100.64
ful bidder may, at his
election, be Franklin County (P, O.Columbus),
his obligations under
Ohio
relieved of
the contract to purchase the bonds
and in such case the deposit ac¬
companying
turned.
his
The
bid
will
be
re¬
approving opinion of
Masslich & Mitchell/of New York,
will be furnished the purchaser.
Enclose
certified
a
check for $6,-
payable* unconditionally
000,
to
Bond
Sale—The
District
sale
No.
compared
ous
1
■
.
Bonds
tion
ALC.
Purchased—In
with
the
call
connec¬
for tenders
on
Sept. 15 of 2-4 V2% various coupon
and fully registered bonds dated
July 1, 1938, maturing on July 1,
1973, it is reported by the North¬
western Bank of Burnsville that
the
county purchased approxi¬
mately $27,000 bonds at a maxi¬
mum
offered
p.
for
995—
l%s, paying a price
basis of about 1.09%.
Dated Oct. 1, 1943. Due on March
and Sept. 1 in 1945 to 1953 incl.
Columbus,
a
100.901,
offer
by
Ryan, Sutherland & Co., of 100.27
for IV4S. Next highest was a ten¬
der
of
100.02
on
was
an
IY4, by Season-
good & Mayer.
1
/'
Hartland
Township School District
(P. O. Norwalk), Ohio
Bond
Election—At
the
general
election in November the issuance
of
$35,000 construction bonds will
tor
interest
Third
Press
To
Bonds
$769,000 of its municipal
condition it incur
no
ad¬
ditional indebtedness in the next
6
in
War
of
progress
Loan
drive,
the
recent
says.
: /'
-•
Denominations
Due Nov.
of
Cincinnati
chased
an
issue
water
works
have
pur¬
Bonds Voted—It is stated by J.
M. Stritch, City Auditor, that at
the general election in November
the voters will pass on the pro¬
Due
1944 to 1949
as
Bonds
will
of $500
be
in
denominations
and mature in 10
$22,500 3
%
revenue
refunding
years.
follows:
$500 from
inclusive; $1,000, 1950
North
Bond
election
Canton, Ohio
Election—At
in
November
the
the
general
voters
will be asked to pass on the issu¬
10
a.m.
Oct.
011
$1,000 and $500.
follows: $3,000 in"
as
1947/ $4,000
in 1948,
1950, $5,000 in
1952, $5,000 in
1954, $5,500 in 1955,
1956,1 $5,500 in 1957,
1958, $5,500 in 1959,
$4,500
1949 and
500
1960
in
1951, $4,-
im
1953
and
$5,000
in
$5,000
$6,000
in
in
and
$6,500 in 1961.
All of
are subject to call and
redemption on any interest pay¬
ing date upon payment of prin¬
cipal and accrued interest; plus a
said bonds
interest
Trust
of
3%.
Principal I and
payable
the
at
Portland
&
Savings Bank, Portland.
The approving opinion of
Teal,
Winfree,
McCulloch,
Shuler:, &
Kelley, of Portland, will be fur¬
nished.
Enclose
for $1,000.
certified check
a
:/-/;■/,
Steubenville, Ohio
Bond
be
PENNSYLVANIA
Offering—Sealed bids will
(EWT), Nanticoke School District (P. O.
on Oct.
4, by J. A. Cartledge, City
Nanticoke), Pa.
Auditor,
for
the
purchase
of
Bond Sale—The $33,000 coupon
$106,800 street repair city's por¬ semi-ann.
refunding bonds of¬
received
tion bonds.
exceed
until
2
p.m.
Interest rate is not to
6%, payable A-O.
Dated
fered for sale
awarded
Freeman
lows:
basis of about
$10,000 in 1945 to 1947,
in 1948, and $11,000 in
$10,800
1949
1954.
to
be in
Rate
of
interest to
Co.
IV2S, paying
as
1,
1943.
Due
of
M.
ta
M.
Philadelphia,
price of 100.19,
a
1.47%.
Dated
Oct.
on
1,
Toledo, Ohio
1944 to
1953 incl.
Philadelphia, Pa.
Report
&
Co.
received
until
noon
Progress of Bond Ex¬
011
change—It
stated
was
by Drexel
of
Philadelphia, and Leh¬
Bros/of New York, joint
managers of the
Bond Offering—Sealed bids will
Oct. 5
on
by Rudy Klein,, City Auditor, for
purchase of $100,000 coupon
3% Bancroft Street grade separa¬
the
$162,296,000 bond
exchange group, that during the
period Aug. 14 to Sept/15, $5,938,500 bonds were exchanged,
making a total of $69,429,700 ex¬
changed to date.
This includes
tion
bonds of
tion
the exception of several series
refunding bonds. Denomina¬
$1,000. Dated Nov/ 1, 1943.
Interest payable M-N.
Due Nov.
1, as: follows:
$5,000 in 1945 to
1952, and $6,000 in 1953 to 1962.
Bidders may bid for a different
rate
of
:
interest
of 1%.
and
par
in
multiples
No bids for
accrued
less
interest
of
than
to
be
delivered at Toledo.
Chemical
New York.
dent
the
the
to
of this
Bank
All
& Trust Co.,
proceedings inci¬
authorization
proper
issue will be taken under
direction
of
practically all series with
available
Series
EE
has
for
been
now
no
exchange.
com¬
pletely closed out.
Upper Mount Bethel Township
(P. O. Bangor, R.F.D. No. J), Pa.
Bond
Sale—The $30,000 coupon
genera L
obligation
refunding
on Sept. 14
848—were purchased
bonds offered for sale
158,
—v.
by
the
p.
First
National
Bank
of
Bangor, according to the Town¬
ship Secretary. Dated Sept." 1,
1943.
1944
bond
a
longer
the
to
day of delivery will be accepted.
the
a
Oct.
multiples of V\ of 1%. Prin¬
cipal and interest payable at the
City Treasurer's office. Enclose a
be
&
Sept. 15—v. 158,
on
996—were
p.
Oct. 1, 1943. Denomination $1,000,
one for $800.
Due Oct. 1, as fol¬
Due
to
$2,000
from
Sept.1 1,
incl.
1958
,
attorney y- '/•
■'
■<"/
'
who opinion as to the legality of
SOUTH CAROLINA
the bonds may be procured by the
Charleston County (P. O. Charlespurchaser at -his expense.
Said
bonds
bonds
be
may
exchanged
registered
owner.
as
to
for
principal
Enclose
a
certified
check
for
1% of the bonds bid for, pay¬
able to the Commissioner of the
;//'//////: town), S. C.
follows from
in
Bond
annual
Sale—The $100,000 semi¬
refunding, Series of
bonds offered for sale
—v.
158,
the
tember
The
University Heights (P. O. Cleve¬
land Heights), Ohio
p.
1943
■/././
;
Grand Jury
Urges Repeal of
Bond Issue—We quote in part, as
Treasury.
jury
an
article appearing
"Post" of Sep¬
Charleston
13:
Charleston
today
county grand
special, pre¬
made
a
sentment
of
urging the county Board
Commissioner to withhold issu¬
ance of the
county
controversial
bond
issue
$350,000
and
heard
Sept. 20
Judge J. Henry Johnson admonish
1083—were awarded
the average citizen not to lose his
on
to
McDonald-Coolidge & Co. of rights "by sleeping," as the Sep¬
Cleveland, as 13/4S, paying a price tember Court of General Sessions
of 100.322, a basis of about 1.71%, got under
way.
/J//,,,/
Dated Oct. 1, 1943. Due on Oct. 1
in 1948 to 1953 incl.
The second best bid
fer for
100.29
was
an
of¬
for 2s, tendered by
the First Cleveland
Konawa,
plans to
of
bonds., Denominations $1,000 and
$500.
Bonds—City
1,
premium
Springfield, Ohio
i
■
The
the
presentment
Bond
Sale—The
session
26
It
$6,000
water
works extension bonds offered for
sale
to
legislative
delegation asking that it "intro¬
duce and pass legislation at the
supply
Okla.
appealed
Charleston county
1944
Corp.
OKLAHOMA
pairs to the city-owned gas plant.
Sold—Charles A. Hinsch
Co.
Issue
until
16, by S. B. Hall, Secretary of the
Board of
Supervisors, for the pur¬
chase of $75,000
drainage bonds.
and
issue $10,000 bonds to finance re¬
Ashley, Ohio
dis¬
ported as follows:
State
Comptroller
Frank
C.
Moore authorized Syracuse today
on
Bond. Offering—Sealed bids will
be received
bond
patch from Albany on Sept. 22 re¬
debt
lower
Ohio municipal issues continue to
sell at top prices, the bond house
Hillsboro, Ohio
OHIO
to refund
previ-
10
Despite the absorption of inves¬
be submitted to the voters.
price of 82.25.
City Allowed to Refund Part of
Associated
the
grade bonds the comparative fig¬
ures
were
1.60%
and1 1.62%.
Syracuse, N.Y.
Debt—An
1.24%
as
of
Second best bid
Yancey County (P. O. Burnsville),
$17,410 Sewer
bonds
awarded to the Ohio Co. of
were
with
week, and for the
and interest at the request of the
Sept. 17—v. 158,
on
For the week
Principal and interest payable at
Co., Seasongood
Weil, Roth
& Irving Co., jointly.—- 100.69
Stranahan, Harris & Co.,
Inc., Field, Richards &
Co., First of/Cleveland
Corp., and Merrill, Tur& Mayer, and
eral
extension of sell¬
an
Island
Drainage District
(P. O. Portland), Ore.
bond
Sept. 22, the index for 10
high grade bonds was 1.22%, as
Bonds
Co., Fox, Reusch & Co.,
Pohl
municipal
ended
xk
furnished with
holders
oppor¬
section of the State
in reaching its quota."
The. bonds
purchased by the
State
be
information
Ahe State Treasurer.
holdings in the finest investment
in the .world," Mr. Moore said.
"Our subscription plan will also
assist
to
above
tunity to substantially aid the war
effort
of
1949 to 1957 incl.
,
"The Third War Loan not only
offers
form
a
additional
vate
$15,900,000
Sept.
No bid of
less than par and accrued interest
will be entertained. Bids must be
bonds the income received
More War
Bonds
Purchased—Comptroller Frank C.
'Moore announced on Sept. 15 the
:
respective maturities.
Secretary.
In
;< that prior to the delivery of the
York (State of)
New
„
2V2S, at
as
basis
a
all of the bonds until their
upon
on
ings Bank & Trust Co. of Cincin¬
nati,
OREGON
increase in its in¬
proved somewhat."
$290,000 semi¬
assessment,
re¬
funding bonds offered. for sale-on
Sept. 20—v. 158, p. 1083—were
a
CQ...;of
,
ing;-activity/during the period, Interest rate is not to exceed
6%,
"bidding ideas for Ohios have im¬ payable M-N, Dated
Nov. 1, 1943.
special
awarded to
Small-Milburn
Sauvie
man
Sale—The
annual
Higher
certified check for $1,068, payable
to the City Treasurer.
of McDonald-Coolidge & Co. of
Cleveland; Braun, Bosworth &
Co., Ryan, Sutherland & Co., both
the bidder offering to purchase
of Toledo, and the Provident Sav¬
18," 1943,
em¬
city has
Euclid, Ohio
I
alone;
to
The
-
1943
the
$3,080,000 in
$530,000 in 1942 and that
mately equal to
proposed issue.
Each rate must be bid
trial wage earners.
•
to
of
from
choice. The bonds will be awarded
'
-
1928
debt
reduced
additional
of
ploying 45% of the city's indus¬
'
bonded
been
or
bonds
Principal and interest
tax;
net
bid
no
Resolution
providing for the
bond election points out that the
than three rates,
must specify in
able in legal tender in
General
obligations;
ing industry, the report said, with
its
the
bonds
ties.
is still
national' center of the
another
balance, but
bidder
each rate.
too, because of the war¬
demands
for 'large-scale
centering
around
But it
bid
for
production
•heavy industries.
and
the
each
his
suf¬
has
for
may name more
'made it feel deeply the effects of
•the war.
♦
bonds
rates
The
an
Ohio
not much of
of
.
at
of
be
issue
an
street
bonds
the
/ / AA
Prices
prices for the week ended Sept.
22, J. A. White & Co., Cincinnati,
observed that although there was
.
$200,000
by
Wichita.
:
posed issuance of $1,500,000 sewer
and drainage bonds.
Cleveland, Ohio
to
/
•
(State of)
Bond
—Reporting
Columbus, Ohio
CAROLINA
Offering—W.
100.142
Ohio
in
/
&
after
callable
are
//■•
Municipal
Stranahan, Harris & Co., Inc.
Wilmington, N. C.
/■
1943
maturing
1
t
1,
accrued interest.
s
.
to
,
NORTH
Emphasizing, that bare must be
taken
it."
pay
1950
in inverse numerical or¬
der, on said date or on any sub¬
sequent interest date, at par and
Over, that the city make plans for -time to reduce the city's debt, and
changes in its physical structure the only way to reduce debt is to
blueprints for solution of such
problems as better freight and
transportation facilities and not
•sit
idly by waiting for better
limes.
'
Pohl
to
$65,000 library construc¬
tion bonds.
order.
in part,
period," Mr. Moore said. "It is the
and
Sept.
Bonds
"This is the time to strengthen
the finances of your city to meet
'strains;'
after
or
Dec. 1 from 1945 to 1952 inclusive.
..
the
awarded
was
reduction
vice should not be reduced."
on
numerical
of
ance
1291
thereafter
Cincinnati, as 214s, at a price of
100.106,'a basis of about 2.22%.
than
more
callable
and
Bond Sale—The issue of
for
necessary
1957
indebtedness liquidating bonds of¬
fered Sept. 22—v. 158, p. 1083—
Comptroller
refund
in
Bedford, Ohio A
provided in 1943 for
said, "it will not be
economic
and political practice." - /
The economists warned,
maturing
proposes
service,"
the
,
are
to
inverse
debt
research
the high
■ideals of the Atlantic Charter
'
e
,
letter
a
are
city
same
of
center
management,
manufacturing,
and
the
as
in
to appropriate
in its 1944 budget $131,292 less
than this year for debt service.
"If
the city
appropriates the
fact," it con¬
tinued,; ■'•many
of
the
present
boom towns all over the country
may after the war become ghost
towns while New York City with
its war boom unemployment may
again rise to > its former position
■of
noted
Mayor Thomas B. Kennedy that
of
matter
a
inclusive and $1,500 -from
1962,,to. 1966
inclusive.
Bonds
the
depression of
1930s, and the second World
"As.
to 1961
authority to refund $900,000.
as
War."
;
The city: had asked
year.
the pop¬
as
the
THE COMMERCIAL & FINANCIAL CHRONICLE
of
act
repealing Section 25
the
1943-1944
which
county
authorized the
issue."
declared
that
the
contract
providing for the expenditure of
the $350,000 for roads and sewer¬
age facilities "is unwise and not
Sept. 21—v. 158, p. 1186—the
best
interests
of
the
jointly to Calvert & for
Canfield, and the Piersol Bond county."
Text of the presentment:
Co., both of Oklahoma City, ac¬
"In our final presentment in the
cording to the Town Clerk. Due
$1,000 in 1948 to 1953, incl.
June, 1943, term, we recommended
were
on
awarded
Second
best
bid
was
a
tender
that
an
investigation be made into
.
proposed $350,000 Charleston
the
"v
re¬
were,
quested
for
conduct this
Charleston County to
investigation and, pursuant to this
request, we have held meetings
and have had the benefit of a full
presentation of the matter, both
by persons in favor of the bond
issue and by persons opposed to it.
•
;
thorough consideration
matter, we have
reached
a
conclusion
that
the
bond issue and the contract pro¬
"After
•
a
whole
the
of
expenditure of
of Charleston County
paving and sewerage in
the
for
viding
$350,000
funds for
housing
certain
with
connection
construction in the county is un¬
wise and not to the
best interests
county, and we strongly
recommend that such bonds be not
the
of
and that the legislation
providing for their issuance, and
purporting to validate said con¬
tract be repealed at the next ses¬
sion of the General Assembly.
"(a) That the County Board of
of Charleston
Commisioners
•
County take steps to withhold the
issuance and sale of the bonds, at
least until the 1944 session of the
•'
has convened
and the county delegation has had
Assembly
General
opportunity to reconsider the
matter and repeal .the legislation
an
approving
the
contract
thorizing
the
and
au¬
of
the
issuance
bonds./
■
,
•
>
.
County
legislative
delegation
introduce
and pass such legislation at the
"(b) That the Charleston
As¬
repealing section 25
sembly
26
General
and
of
session
1944
of
the
Charleston
1943-1944
the
County Supply Act which author¬
the
County case. In this litigation,
Court held that the
which the bonds
permitted their re¬
State Supreme
under
Statute
issued
were
demption in advance of maturity,
despite the fact that no such pro¬
vision was inserted in the bonds
at the time of issuance.
El
Texas
Paso,
Plant As¬
Discussed—Discussions
progress
looking toward
Electric
Municipal
sumption
in
are
held
now
to municipal owner¬
ship of the local electric facilities
of the El Paso Electric Co., sub¬
Public
Treasury
of
The
Co.
Service
Engineers
the
Due in
capital
of
Canada
to
port
tinued to result from
trade
'
securities
in
sales?
net
maturing
deemable Jan.
in
1955
are
re¬
All of the
bonds being redeemable on said
respective call dates or any inter¬
est payment dates thereafter at
1, 1944.
im¬
the purpose
regarding
tion
and
fund,
purchase of the
Paso Electric properties.
with the proposed
$15,000,000
the
from
current account that is invested in
bonds bearing
short-term
Galveston, Texas
terest rate of
in¬
an
seven-eights of 1%.
of
and accrued interest. Principal
and interest payable at the First
par
by
VIRGINIA
WEST
Oser, City Secretary,
that at the election held on Sept.
21
the voters turned down the
000
.
important
Re¬
preceding months.
National Bank,
Minneapolis. These
bonds, issued for the purpose of
refunding a like amount of Permanent
School
Fund
funding
/
bonds at
a
lower rate of interest,
in the opinion of counsel, di¬
rect
general obligations of the
county payable from
unlimited
ad valorem taxes levied upon all
are,
from
Independent School District,
Issue —The
Refunding
the
refunding on a 2xk°!o basis of $58,000 refunding bonds, dated Jan.
1, 1933 and due serially to 1966.
The
has
new
bonds would run to 1954
and the refunding
would effect a
saving of about $23,000 in interest
charges, it was said.
Texas
Warrant
(State of)
Call—State
Treasurer
general revenue warrants to and
including 351,156 (1942-43 series),
Legality
approved
Jesse
James
called for
has
TEXAS
prior to and including Jan. 7, 1943.
$209,966.43.
General revenue warrants, dated
This call is for
Denver
City, Texas
Bond Offering—Sealed
be
bids will
Oct.
received until 10 a.m. on
5, by Henry I. Caudle, City Clerk,
for the purchase of $40,000 5%
semi-annual water works system
bonds. Denom, $500. Due serially
A certified check for
2%■ of the bid, payable to Mayor
Stanley Duval, is required.
in 15 years.
prior
void
to
for two
sors
make
State
trict
Sept.
because of
of
1,
1941,
the
are now
State statute
years' limitation.
these
warrants
arrangements
Posses¬
should
with
the
representative of their dis¬
to have them presented to
transfer
such
amounts
Sinking Fund Com¬
may
be necessary for
seven
months ended July
$64,600,000
"The State
of
Public
Sinking Fund Com¬
Works
remittance
State agency or
the
first
from
any
from
collected
local taxing dis¬
trict for which the Board
lic
Works
interest
was
advanced
the
at
bonds
for
made."
rate
of Pub¬
funds,
est
with
by
Holders
which the
the
at
will
be paid inter¬
notation
for
debentures
a
re¬
pro¬
Authorized
Whitefish
to
Max
—
The
Dist.
No.
reported that
the
sessions
the
proposals
by
two
studied
Seigler and the scheme of¬
Credit
itee,
Collette, president of
Anglo-Francais, Lim-
local bond house.
a
"The Desmarais plan, as
previ¬
ously mentioned, makes the pur¬
chase of
municipal bonds a civic
duty, and would, through" pub¬
licity based upon successful Vic¬
tory
Loan
advertisements, call
upon
citizens and taxpayers to
buy municipal bonds on a
patriotic basis.
The Seigler sug¬
St.
John,
ing the committee was explained
President Colette during the
Until that time.neither
by
afternoon.
the
of
had
plans
tentatively
projects
"Asselin"
labelled
made
yet
"Marler"
and
appear¬
/•??••■V' ? ?;,'■
an
ance.
the Colette plan is
partial refinancing of
$38,000,000 debt and
due bank loans, a total of about
$55,000,000, by a new issue at
Briefly,
based
upon
the defaulted
3V2% and the division
mainder of the funded
|of the
re¬
debt into
the three major parts by
which it
aqueduct
created, listed as
works, unemployment
was
and
water
debt.
relief, and general
"The
plan holds that water
taxes be employed for the portion
of the debt incurred by aqueducts,
that
income
be
enue
tax
used
similar
or
for
be applied to
revenue
debt.
?•?•?,?V
general
the general
.,??;?:'? '' •??
in
included
rev¬
unemploy¬
the
ment relief debt and that
syndicate
the
■
Colette
of
the
purchased
recently 2%%
and
3 V2 % improvement bonds totaling
$182,000 at a price of 100.084. Due
1944 to 1963.
Bonds
Town
Hill, Ont.
Sold—It
Treasurer
is
L.
debt
into
to
from
1
to
by
Archer
reclassification
three
of
the
mature
in
parts,
series
amortized
in
40 years at
3 V2 % interest.
"The plan concludes 'As bonds
outstanding cannot be redeemed
in
anticipation except through
previous
agreements
with
the
bondholders' committees, we
the
stated
W.
at
with sep¬
arate issues,
Mr. Colette would
authorize an issue of $55,368,500
would
1
Forest
his
"In
real, T. M. Bell & Co. of St. John,
and A. E. Ames & Co. of Toronto,
in
debt
1V2 % interest.
reported that
composed
current
the
N. B.
float
new
only
$56,000,000
of
bonds in the proposed fi¬
nancing, the remainder to be held
by the trust fund treasury.
Im¬
plicitly, all outstanding bonds, due
bonds
aggregating
$32,713.10, and coming due, will be honored
were
awarded recently to Fair- to the letter of the contract.'"
that the following
3%% semi-ann.
,
gestions deal with advice on cer¬
tain phases of refinancing and do
not constitute a complete project.
"The first complete project fac¬
a
BRUNSWICK
NEW
Wis.
Bond
Sale—The
$56,000
re¬
funding bonds offered Sept. 22—
v.
158, p. 1084—were awarded to
20,
of
of interest payment
ONTARIO
Bay Sch.
(P. O. Milwaukee),
the
fered by H.
"Also
Royal Bank of Canada, of Mont¬
have
Sept.
on
"Gazette"
similar plan are recommendations that
the bonds held in the city sinking
will
be made on the same terms in re¬ fund, apparently of Montreal is¬
sue, be cancelled, and that exist¬
spect to the half-year ending Oct.
ing provisions of the sinking fund
1, 1943, to holders of debentures
be replaced by a general order set¬
which matured on April 1, 1943.
ting the rate of amortization of
It is also
amount
a
City
passed a
resolution calling for the issuance
og $75,000 2%
refunding bonds.
Due $6,000 in 1946 to 1950, and
$5,000 in 1951 to 1959.
said
meeting
Councillors Pierre Desmarais and
*
WISCONSIN
is
."During
committee
New York City.
advance
Stoughton, Wis.
Bonds
thereon
of interest at any
branch of the Imperial Bank of
Canada in the Dominion, or at
the Bank of Manhattan Trust Co.,
Bonds Sold—It is
Council
of their
presentation
of such payment
carried
the General Claims Committee for the Harris Trust & Savings Bank
special appropriation at the next of Chicago, as 0.35s, at a price of
.j
tion.
in
•
mission shall reimburse the Board
pay¬
which includes all warrants issued
as
Public
purpose.
ment at face value State of Texas
taxable
county.
:
this
the
1
Dorsey, Colman, Barker, Scott &
Barber, of Minneapolis.
<
mission
approved
time
to
State
of
to
authorized
is
time
the
to
1;
Board
The
ments.
Works
the
by
the
property' within
Interest ceases on
a
Montreal
the
were
with
date called.
board
examina¬
proposals
following day said:
most
$121,000,000, compared
in the corre¬
sponding period of 1942.
Wheeling, W. Va.
Toll
at
the
slightly higher than in
were
plans
the
purchases from the United King¬
dom amounted to $1,200,000. Net
sales to other countries of $400^-
tries
1957, $5,000 in 1958 to 1962, $6,- necessary for the payment of in¬
and $7,000 in terest and sinking fund require¬
Plans
several
in connection with
ceived
net sales of securities to all coun¬
000 in 1963 to 1965,
school
latter's
the
of the
bonds to the United
Canadian
In the
M.
Texas
of considering the re¬
Executive Committee
bought for the State re¬
system
account;
$2,500,000 invested by the library
were
'■:??/' .??>?••■?■.
of its
port
committee's studies of the several
As
of the capital import.
Sinton
and
a
June
source
1967.
recently
approved
pal Board
varying terms, bought by the
fund to be held against
the State's debt retirement; $3,-
States
1966 and
-
forwarded to the Ontario Munici¬
$22,000,000,
totaling
tirement
to
have
to
,
1949; bonds maturing in 1954 are
July
1,
1944;
and
p
posed refinancing of the city's in¬
debtedness.
Commenting on the
issue and approved
referred to. .:
redeemable
A
proved—The Town Council is said
with
$27,900,000
in
and $10,100,000 in May.
in preceding months, sales
917,000
Bonds Defeated—It is stated
Resolution
Refinancing
in July, with
New
Mildred
15 years.
compared
listed
of
York, had been appointed the
city's fiscal agent in connection
El
?;';,?• ?••;
New Toronto, Ont.
;
con¬
sinking
Corp.,
in
Due
■
bonds
five years.
Due in ten years.
international
holdings within one year. It was
announced
last
March that the
Securities
a
10,222.25 local improvemt. bonds.
$0.75%, as
•;
?
today a heavy
reported
$17,-
as
including $13,000,000 in bonds
as
change Commissioner in Septem¬
ber 1942 to dispose of its local
Union
at
Toronto,
20,564.12 local improvemt. bonds.
The Dominion Bureau of Statis¬
tics
State
the
"The State's holdings were
and Ex¬
ordered by the Securities
in
reported
was
866.000.
was
company
At
balance
current
■<
the State and its
the same time the
by
agencies.
sidiary
the chartered banks at
of
$1,931.73 local improvemt. bonds.
the contract above
O
Co.
price of 103.07:
Bridges Assumed by State
proposal to issue $2,600,000 in rev¬ —The State Road
Commission
Sales of securities by Canada
enue bonds, to purchase the local
took over management and oper¬
"We are satisfied that if the properties of the Lone Star Gas
to
other countries
in July
ation
of
the
Bridgeport
and
Charleston
County
legislative Company.
amounted
to
$31,700,000, com¬
Aetnaville-Wheeling toll bridges
delegation will introduce the leg¬
pared with $35,200,000 in June
from the city, effective
Rule, Texas
July 1, and
islation recommended by us, and
$13,300,000 in July last year.
Bonds
Sold—Rauscher, Pierce 1843, and assumed all of the city's Purchases totaled $9,700,000, com¬
hold a public hearing thereon in
obligations in connection with the
&
Co.
of Dallas recently
pur¬
the county, it will find that the
pared with $7,300,000 in June and
facilities; according to a report by
large majority of the people of chased an issue of $80,000 3V2%
$6,500,000 in July, 1942.
J. H. Feingold, Chief Clerk of the
the county are in favor of such and 4% refunding, series of 1943
During the seven months ended
Road
Commission.
Pursuant to
bonds. Dated Sept. 1, 1943. Legal¬
repeal."
"
1
July, sales to other countries ag¬
the transfer agreement, the city
ity approved by John D. McCall
gregated $180,100,000, compared
turned over to the
Commission
of Dallas.
*
SOUTH DAKOTA
with $103,300,000
in the corre¬
cash
on
hand
in
the
amount
sponding period of 1942, while
San Patricio County (P. O. Sinton), of
$182,830.
Section 11 of the
Douglas County (P. O. Armour),
purchases from other countries
Texas ??/
S. Dak.
Budget Bill passed at the last ses¬
totaled $59,100,000, compared with
Bond Redemption Notice—It is sion of the State Legislature is
Additional Information—In con¬
$33,800,000 in the like period of
stated
G. Cook, believed to provide added protec¬
by Mrs. Jas.
nection with the sale of the $160,1942.
\/
County Treasurer, that the coun¬ tion to the holders of the bridge
000
1V2%
semi-ann.
refunding
Text of this section
ty has exercised its option granted bond issues.
bonds jointly to the Allison-Wil¬
ALBERTA
by
Article
720,
Revised Civil follows:
liams
Co.
of
Minneapolis, and
Statutes of Texas, 1925, to redeem
Alberta (Province of)
"Section 11. Sinking Fund De¬
Kalman & Co. of St. Paul, at par,
on
Nov. 10, at the State Treas¬ ficiencies—There is hereby
Interest Payment Notice—It is
appro¬
as
noted here in July, it is now
urer's office, County Court House
priated to the Board of Public reported that interest at the rate
reported that the bonds bear date
and Jail 5%
bonds, Nos. 24 to Works a sufficient amount to of 2V2% in respect of the halfof July 1, 1943, are in the denom¬
meet a deficiency that may arise
year ending Sept. 15,
1943, will
ination
of
$1,000
and
mature 125, to the amount of $102,000.
Dated May 10, 1927. Denomina¬ in the fund of the State
Sinking be paid to holders of Provincial
July 1, as follows: $10,000 in 1944
tion $1,000. Due May 10, as fol¬ Fund Commission because of the debentures which matured
Sept.
to 1953, and $30,000 in 1954 and
lows: $2,000 in 1944 and 1945, $3,- failure of
any
State agency or 15, 1942, being at the rate of
1955.
Bonds maturing in 1949 to
000 in 1946 to 1952, $4,000 in 1953 local taxing district to remit funds
1953 are redeemable on Jan. 1,
$12.50 for each $1,000 denomina¬
ized the bond
&
clough
a
Dated Oct. 1,
by-law calling for re¬
follows:
; ??/
financing whereby the town will
Bonds Voted—It is stated by T.
C. Roberts, City Treasurer, that at $88,920,000
deposit $ certificates. redeem $425,000 4%% debentures
and issue 3V2% debentures with a
Due on March 7, 1944.
the election held on Sept. 9, the
It is
voters approved by a wide mar¬
128,980,000
deposit certificates. ten year shorter maturity.
also said that the town has pur¬
Due on March 14, 1944.
gin the issuance of $60,000 airport
chased/ $38,000
outstanding. de¬
construction bonds.
Notes Sold—An issue of $200,bentures with surplus cash.
000.000 notes were sold recently
VIRGINIA
to the chartered banks as V/zS, at
QUEBEC
par. Due on July 2, 1945.
Virginia (State of)
Montreal, Que.
Heavy Import of Capital Holds
Large Holdings of Federal Se¬
Expect Early Decision On Debt
curities
Reported — It is stated in July—A Canadian Press dis¬
that
a
total
of
approximately patch from Ottawa on Sept. 22 Refunding—The City Council is ?
expected to meet this week for
$34,500,000 in Federal securities is reported as follows:
in the Cochran
to those involved
the transfer
recommend:
"We specifically
100.07,
Legislature^
'1 Rutland, Vt.
similar in character ^
ing, they are
issued,
•
State
.
thereafter,
by ? the
Senator
We
bly.
Monday, September 27, 1943
basis of about 0.836%.
1943 and due Oct. 1:
rants are requested to notify the $50,000 in 1948 and $6,000 in 1949.
Texas-Considers Refunding Is¬
State Treasurer's office.
''??;??. • Second high bid of 100.03 for 0.85s
sue—The County Commissioners
Other
than
general
revenue was made by Harriman Ripley &
are considering
a proposal to re¬
/'?>'?:'
warrants, all State warrants are Co., Inc.
fund the $218,000 5% of court¬
cashable when issued and should
house bonds presently outstand¬
be
presented
immediately
for
ing, according to report.
Plan
payment./
Prompt
presentation
calls for the issuance of new 3V2%
for
payment of these warrants
bonds, which would permit a sav¬
will be greatly appreciated by the
Canada (Dominion of) ?/?'??
ing of interest charges amounting
State Treasurer's office.
- /'/
Certificates Sold—It is reported
to
approximately
$70,000.
Al¬
that a total of $217,900,000 deposit
though no option feature was con¬
VERMONT
certificates were sold recently to
tained in the bonds now outstand¬
the
Out-of-State holders of such war¬
??•
Texas
of
session
(P. O. Eastland),
Eastland County
County bond issue enacted at the
last session of the General Assem¬
'I
,
CHRONICLE
THE COMMERCIAL & FINANCIAL
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